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The staircase, which was built during World War II by the US Navy, has remained a tourist site despite being officially closed to visitors since 1987. On April 23, five people were arrested and charged with first-degree trespassing, according to CNN affiliate Hawaii News Now. “On top of (access) being illegal, it’s an active worksite,” Honolulu PD District Maj. Randall Platt told Hawaii News Now. It has not yet been decided where the stairs will go after being removed. One local tourist attraction, Kualoa Ranch, has expressed interest in buying and housing them.
Persons: , Randall Platt Organizations: CNN, US Navy, Hawaii, YouTube, Hawaii News Locations: Oahu, Honolulu’s, Honolulu, It’s, harm’s,
Where to buy glasses online using insurance FAQsWhat is FSA/HSA? A FSA, or flexible spending account, is an account provided by your employer in order to save on taxes and pay for qualified expenses. An HSA, or health savings account, is a type of flexible spending account geared towards qualified medical expenses. By enrolling in a High Deductible Health Plan and opening an HSA, your monthly insurance premium is usually lower, while tax exempt dollars from your HSA pay for higher deductibles, copayments, coinsurance, and other health-related costs. When ordering glasses online, you'll be prompted for your PD, or pupillary distance.
Persons: Read, you'll Organizations: IRS
A South California police department has been editing Lego heads onto suspects to protect their identity. AdvertisementA Southern California police department has found itself in trouble with Lego after it started editing the toy company's famous yellow heads onto criminal suspects. Screenshots show Lego faces edited onto suspects and posted to the Murrieta PD's Instagram page. The department may now have to turn to its stash of Barbie and Shrek faces, which also appear on the Instagram page, to protect suspects' anonymity. "Do they want people, who are being paid with their tax dollars, be paid to put Lego faces on people so it can be shown on social media?
Persons: , Bill, Jeremy Durrant, " Durrant, Corey Jackson, Jackson Organizations: Service, Southern, Police, Murrieta Police Department, Lego, Fox News Digital, California Assembly, Associated Press Locations: California, Danish, Southern California, Murrieta, Los Angeles
Morgan Stanley reiterates Starbucks as overweight Morgan Stanley said it's standing by its overweight rating on Starbucks shares. Morgan Stanley upgrades Pepsi to overweight from equal weight Morgan Stanley said the beverage giant is undervalued. Morgan Stanley initiates Ball Corporation as equal weight Morgan Stanley initiated the beverage can company and says the stock is fairly valued right now. Morgan Stanley names LifeStance a top pick Morgan Stanley named the mental health company a top pick on Monday. Morgan Stanley reiterates Micron as underweight Morgan Stanley raised its price target on the stock to $78 per share from $74.75 and said it's sticking with its underweight rating heading into earnings later this week.
Persons: KeyBanc, Morgan Stanley, it's, Telsey, ESAB, Mizuho, Goldman Sachs, Tesla, Raymond James downgrades, Raymond James, LifeStance, Wolfe, Bernstein, Truist, Wells, Wells Fargo, F2Q Organizations: Apple, JPMorgan, 1Q, Meta, HSBC, Nvidia, Netflix, RBC, Howmet Aerospace, York Community Bank, Pepsi, Ball, Citi, Micron, IT, Downside, Bank of America, Taiwan Semiconductor, Pinnacle, of America, Pinnacle West Capital Corp, ISI, UBS, CCL Locations: Berlin, underperform, Taiwan, Arizona, Underperform
Within the Club, we heard this week from Foot Locker on Wednesday, then from Costco and Broadcom on Thursday. The big economic data drop of the week arrived Friday with February's nonfarm payrolls report . The center of attention is Tuesday's February consumer price index report . On Thursday, the February produce price index is due out. ET: Producer Price Index 8:30 a.m.
Persons: FactSet, Locker, Foot Locker, February's nonfarm, Jerome Powell, he's, we'll, MANU, LEN, Jim Cramer's, Jim Cramer, Jim, Mostafa Bassim Organizations: Nasdaq, Dow Jones Industrial, Costco, Broadcom, Commerce, Federal, PPI, Ballard Power Systems, Fortrea Holdings, Casey's, Vail Resorts, MTN, Daniels, Midland, Kohl's Corporation, Kanzhun, Game Technology, Manchester United, Blade Air Mobility, Clover Health, Beauty Health, Energy Vault Holdings, PHX Minerals, Guild Holdings, Finance, Heron Therapeutics, ZIM Integrated Shipping Services, Arcos Dorados Holdings, ARCO, Petco, Wellness Company, Farms, Sonoma, WSM, ESS Tech, DICK'S Sporting, Inc, Futu Holdings, Bear, Autolus Therapeutics, III Apparel, Solo Brands, Weibo Corporation, Embraer, CNBC, Washington DC, Anadolu, Getty Locations: U.S, Asana, ASAN, Williams, Washington, United States
Netflix's "Griselda" adapts the life of drug lord Griselda Blanco. Carmen's storyline bears similarities to several real women in Blanco's life. Miami PD analyst June Hawkins was another character in the show, and the real Hawkins also consulted. One character in the show, Carmen Gutiérrez (Vanessa Ferlito), appears to be based on several women in Blanco's life who turned on her at some point. Here's everything you need to know about how her character actually corresponds to real life.
Persons: Griselda, Griselda Blanco, Carmen Gutiérrez didn't, , Blanco, Sofia Vergara, Hawkins, Jorge, Rivi, Ayala, Carmen Gutiérrez, Vanessa Ferlito, Elizabeth Morris, Carmen, " Blanco, doesn't, Blanco's, Dario, she'll, Carmen Gutiérrez wasn't, Gloria Cabán, Maria Gutiérrez, Martin Rodriguez, Netflix Carmen Cabán, Per, Cabán, Elaine Carey, Gloria, Alberto Bravo's, Carey, Carmen —, Amparo, Gilman Atehortua — Organizations: Service, Miami, Netflix, United Nations Office, Drugs, Drug, Blanco, Bravo, Drug Enforcement Agency, DEA, Independent Locations: Miami, Colombia, United States, Blanco, New York City, New York, NYC
Netflix's "Griselda" stars Sofia Vergara and dramatizes the life of drug lord Griselda Blanco. If you're looking for what to watch next, try "Narcos" or "Power." AdvertisementIn "Griselda," Sofia Vergara stars as a fictionalized version of real-life drug boss Griselda Blanco. "Griselda," which was released on January 25, clocks in at a relatively short six episodes. If you're looking for what to watch next, here are some suggestions.
Persons: Griselda, Sofia Vergara, Griselda Blanco, , Hawkins, Michael Corleone, Vergara, Eric Newman, it's Organizations: Service, Miami, Netflix Locations: Miami
June Hawkins is a Miami PD analyst in "Griselda," the Netflix series starring Sofia Vergara. The real Hawkins worked in homicide for the Miami PD and consulted on the show. The real Hawkins-Singleton served as a consultant on "Griselda," working with her husband (and former colleague) Alan Singleton to recall the events of her investigation into Blanco, she told People. Hawkins-Singleton told Tudum that she only met Blanco once, and it was after she had stopped working on homicide. "Those lunches and those meetings with Smitten became the way we rekindled," Hawkins-Singleton told People.
Persons: Hawkins, Griselda, Sofia Vergara, Blanco, She's, , Griselda Blanco's, Singleton, née Hawkins, Juliana Aidén Martinez, Alan Singleton, there's, Doug Miro, Vanity, Singleton's, Miro, Eric Reynolds, Elizabeth Morris, Netflix Hawkins, Tudum, Richard, Alan Organizations: Netflix, Miami PD, Service, Miami Police Department, Boynton Beach Police Department, Miami Locations: Miami, Cuba, Florida, Washington, Nashville
Thieves in California's East Bay are swiping wallets from shopping carts – especially at Trader Joe's, police say. "Wallets were taken from unattended shopping carts or open purses while victims were shopping," a Tri-Valley PD said. AdvertisementA new crime trend is hitting Trader Joe's stores in a city in California: Thieves are taking customers' wallets from their carts as they shop. "Recently there have been wallet thefts that have occurred at other Trader Joe stores in the Tri-Valley. In these crimes, wallets were taken from unattended shopping carts or open purses while victims were shopping in the store."
Persons: they've, , Joe Organizations: Oakland, Service, Police, Livermore Police, Facebook, Business Locations: East, San Francisco, California, Livermore, San Jose, Tri
But out of hundreds of officials who responded to the scene, according to the report, only a handful have faced any consequences so far. The DOJ's scathing report details how officers hesitated to confront the shooter, violating training for how to handle active shootings. The DOJ report says the UCISD PD didn't do any internal investigations. Uvalde Police DepartmentThe Uvalde Police Department (UPD) launched its own internal investigation into the incident, which hasn't finished, according to the DOJ report. And so, the weapon the shooter used is considered a machine gun under federal law, according to the DOJ report.
Persons: , didn't, Pete Arredondo, Uvalde —, hasn't, Mariano Pargas —, Steve McCraw, Uvalde Organizations: DOJ, Service, US Department of, Uvalde Consolidated Independent School District Police, Customs, Border Patrol, CBP, District, Uvalde Police, Uvalde Police Department, Texas Department of Public Safety, City, Texas Tribune, Texas Rangers, Associated Press, Alcohol, Tobacco, Firearms, ATF Locations: Uvalde , Texas, Uvalde County, Uvalde
Using micro-order uniform powder alloys with unprecedented chemical properties opens up new possibilities for manufacturing that have never been seen before, such as in 3D printing and the use of paste-like inks. A high-entropy alloy powder of precious metals can potentially be used as a raw material for automotive exhaust gas sensors, resistors, and water electrolysis catalysts. Creating new value through exhaustive studyTANAKA began working on high-entropy alloy powders in response to the world's rapid development. TANAKAHosoi noticed that high-entropy alloys have recently been attracting international attention, largely due to their potential for unprecedented properties. Click here for more information on high-entropy alloy powders.
Persons: Tanaka Kikinzoku Kogyo, TANAKA, Takuya Hosoi, Yoshie Kondo, Hosoi, TANAKA Hosoi, Hosai Organizations: Tanaka Kikinzoku Kogyo KK, Metals, Insider Locations: Japan
Many U.S. oil producers are pumping only enough oil to keep production flat and turning over more profit to investors. Shale gas producers have struggled all year and have not been able to reduce drilling fast enough to counter weak prices. But U.S. oil and gas producers are not looking to spend more, executives said. NOV's average earnings estimate for the fourth quarter was slashed by 7%, while pressure pumping provider Liberty Energy (LBRT.N)'s was trimmed by 3%. "At this point, we still are counting on the fourth quarter to be worse," said Rystad analyst Justin Mayorga.
Persons: Clay Williams, Michael Stock, Justin Mayorga, Samuel Sledge, Kevin Neveu, Helmerich, Payne, Neveu, Baker Hughes, Arathy Somasekhar, Tomasz Janowski Organizations: HOUSTON, Street, North, Liberty Energy, ProPetro, Rystad Energy, INTERNATIONAL, Exxon Mobil, Chevron, Drilling, Halliburton, Thomson Locations: U.S, North America, Alaska, Hawaii, United States, Kuwait, American, Houston
In a new study, Gauthier was surgically implanted with an experimental spinal cord neuroprosthesis to correct walking disorders in people with Parkinson’s disease. Marc Gauthier, 63, who has Parkinson's disease, was treated with a spinal cord neuroprosthesis for his locomotor symptoms. Then, Gauthier was invited to participate in the new study to test the experimental spinal cord neuroprosthesis. Next, they implanted an array of electrodes against the lower region of Gauthier’s spinal cord to target those zones. “With this spinal cord stimulation, we still have an effect, but we have to fight against worse and more severe symptoms,” Bloch said.
Persons: Marc Gauthier, Gauthier, ” Gauthier, Dr, Eduardo Moraud, ” Moraud, Gilles Weber, CHUV Gauthier, Jocelyn Bloch, ” Bloch, , Svjetlana, Miocinovic, David Dexter, Parkinson’s, Dexter, Sanjay Gupta, Moraud, Michael J, Bloch, Grégoire, ” Courtine, Organizations: CNN, Nature, Lausanne University Hospital, Emory University School of Medicine, Parkinson’s, Science Media, DBS, CNN Health, Fox Foundation, Medical Locations: Bordeaux, France, Switzerland, Netherlands
By Angelo Amante and Giuseppe FonteROME (Reuters) - Italy's cabinet was set to propose on Friday a ban on technocrat-led governments, a draft law bill seen by Reuters showed, as part of a constitutional reform to introduce the direct election of the prime minister. Italy has had almost 70 governments since World War Two, more than twice the number in Britain and Germany. The right-wing administration of Prime Minister Giorgia Meloni, who took office last year, made ending the country's chronic political instability strengthening the bond between governments and voters a key policy plank. The main opposition groups, the centre-left Democratic Party (PD) and the 5-Star Movement, have already spoken out against the plan. Only the small centrist Italia Viva party of former premier Matteo Renzi said it might back the government.
Persons: Angelo Amante, Giuseppe Fonte, Giorgia Meloni, Mario Draghi, Sergio Mattarella, COVID, Matteo Renzi, Alison Williams Organizations: Reuters, European Central Bank, Democratic Party, Star Movement, Italia Viva Locations: Italy, Britain, Germany, technocrats
Summary Italy suffers from chronic political instabilityCabinet seen discussing proposed reform on FridayBroad majority needed to avoid referendumROME, Oct 30 (Reuters) - Italian Prime Minister Giorgia Meloni and top ministers on Monday backed a constitutional reform proposal introducing the direct election of the prime minister, in an effort to end the country's chronic political instability. Meloni made constitutional reform a key policy plank of her right-wing coalition after winning power in September last year. Italy has had almost 70 governments since World War Two, more than twice the number in Britain and Germany. Matteo Renzi, who stepped down as premier after his failed reform in 2016, said his small centrist Italia Viva party would be ready to back the direct election of the prime minister. The prime minister need not necessarily be an elected politician.
Persons: Giorgia Meloni, Meloni, Maria Elisabetta Alberti Casellati, Benito Mussolini's, Matteo Renzi, Angelo Amante, Gavin Jones, Jonathan Oatis Organizations: Italian, Monday, Star Movement, Democratic Party, Italia Viva, Thomson Locations: Italy, ROME, Britain, Germany
AI boom could feed precious metals' demand - Metals Focus
  + stars: | 2023-10-25 | by ( ) www.reuters.com   time to read: +2 min
Ingots of 99.99 percent pure silver are placed in a workroom at the Novosibirsk precious metals refining and manufacturing plant in the Siberian city of Novosibirsk, Russia, September 15, 2023. REUTERS/Alexander Manzyuk/File photo Acquire Licensing RightsOct 25 (Reuters) - The artificial intelligence (AI) boom could support industrial demand for precious metals next year, although high interest rates and economic concerns may be near-term headwinds, Metals Focus said on Wednesday. Since most components used in conjunction with AI devices are sophisticated, "we expect to see widespread support for a range of precious metals bearing components," Metals Focus said in a note to investors. To cope with the evolution of AI algorithms, shipping growth for AI servers and switches will rise by double digits over the next few years and stimulate precious metals demand, Metals Focus said. Spot gold prices have climbed about 9% in the past two weeks, mainly fueled by safe-haven inflows triggered by the Israel-Hamas conflict, providing a tailwind for other precious metals as well.
Persons: Alexander Manzyuk, ChatGPT, Ashitha Shivaprasad, Arpan Varghese, Richard Chang Organizations: REUTERS, Metals, Nvidia, Thomson Locations: Novosibirsk, Siberian, Russia, Israel, Bengaluru
At a press conference on Thursday, Sept. 28, Worley defended the department's decision to not alert the public about Billingsley on Sept. 19. "We should have been informed," said Eric Chapman, 31, who lives in the same block where the Sept. 19 attack occurred. "Unfortunately, at a very young age, Jason started to get in trouble with the law," Jasmine Billingsley added. "I think he's a magnet for women," Jasmine Billingsley said. While Jasmine Billingsley was trying to encourage him to improve his life, their mother did not.
Persons: Jason Billingsley, Pava LaPere, Billingsley, , , Jason Dean Billingsley, Louis Schlesinger, Schlesinger, Sigmund Freud, Glynis, Mosby, Jason Rodriguez, Richard Worley, Frank LaPere, Nico LaPere, Caroline Frank, LaPere, Stephanie Scarbrough Stephanie Scarbrough Pava LaPere, Pava, Worley, Marilyn Mosby, Eric Chapman, Chapman, Woody Whitaker, Duvon Bailey, Jasmine Billingsley, Jason, Jasmine, Billingsley's, Natalie Musumeci Organizations: Service, Baltimore City Police Department, John Jay College of Criminal, Baltimore Banner, Police, Baltimore City, Department of Public Safety, Correctional Services, Division, Maryland Office, Public, Baltimore Police, Baltimore, Edmondson Avenue . Police, Baltimore Police Department, Technologies, AP, EcoMap Technologies, West, Tuesday, Baltimore City Council, Associated Press, Spotify Locations: West Baltimore, Maryland, Baltimore, Edmondson, West Franklin, Bowie, Prince George's County , Maryland, Brooklyn
It was seen on taking power as the country's most right-wing since wartime dictator Benito Mussolini, as Meloni's Brothers of Italy party traces its roots to the post-fascist Italian Social Movement (MSI). At home she pleased her rightist grassroots through measures to defend the traditional family, protect Italy's cultural heritage and try to stem migrant arrivals. That makes it harder for Meloni to keep her tax-cutting promises and makes Italy's debt, equal to 140% of national output, vulnerable to market sell-offs. Last week Meloni weathered the first of several reviews on Italy's debt when S&P Global Ratings confirmed the country's BBB rating with a stable outlook. COMMANDING POSITIONAt home Meloni has so far avoided the domestic political chaos that dogged so many of her predecessors.
Persons: Giorgia Meloni, Juan Medina, Meloni's, Meloni, Benito Mussolini, Valentina Meliciani, Andrea Giambruno, Meliciani, Italy's, Ukraine Meloni, Enzo Moavero Milanesi, Giovanni Orsina, Angelo Amante, Giselda, Gavin Jones, Alex Richardson Organizations: Italy's, REUTERS, Western, Coalition, Italian Social Movement, EU, Ukraine, Democratic Party, Star Movement, League, Forza Italia, Analysts, Thomson Locations: Granada, Spain, ROME, EU, Ukraine, Russia, Italy, Rome, Brussels, Africa
Meanwhile over at Miu Miu, it was a heartfelt adieu to Fabio Zambernardi after more than four decades with the Prada Group; as in Milan, Miuccia Prada came out and took a bow with him one last time. Pamela Anderson attended fashion week shows sans makeup, as shown here at Vivienne Westwood. At Miu Miu, Sydney Sweeney, Emma Chamberlain, Zaya Wade and Mia Goth made for an eclectic, très-trendy front row; Cate Blanchett appeared at Louis Vuitton alongside Zendaya, who wore a dramatic white double-zipper dress that has gone viral. Issey Miyake continues to explore movement in its runway shows, this season with musicians imitating chirping and other sounds found in nature. Peter White/Getty ImagesOne of the most joyful moments on the Miu Miu runway was the accessory styling.
Persons: Milan —, Peter Do, Helmut Lang, Francesco Risso, Marni, Stefano Gallici, Ann Demeulemeester, , Sarah Burton’s, Alexander McQueen, Burton, Lee McQueen’s, Magdalena Abakanowicz’s, McQueen, Sarah Burton, Ik Aldama, Alexander McQueen Naomi Campbell, Aldama, Anna Wintour, Tim Blanks, Gabriela Hearst, Chloe, Miu Miu, Fabio Zambernardi, Miuccia Prada, Paris Hilton, Angela Bassett, Fan Bingbing, Jared Leto, Sigourney Weaver, Cher, Usher, Chanel, Riley Keough, Jennie Kim, Blackpink, Pamela Anderson, Vivienne Westwood, JM Haedrich, Pamela Anderson forewent, Issa Rae, Francesco Risso’s, Mugler, Sydney Sweeney, Emma Chamberlain, Zaya Wade, Mia Goth, Cate Blanchett, Louis Vuitton, Zendaya, Jun Takahashi, Victor Virgile, Junya Watanabe, Casey Cadwallader, chiffon, corseted, Rick Owens, Zimmermann, charmeuse, Van Noten, Karl Lagerfeld’s, Victoria Beckham, Kim Kardashian, Kris Jenner, Issey Miyake, chirping, Valentino, FKA, Demna, Cathy Horyn, Guram Gvasalia, Amanda Lepore, Emmanuel Grégoire, Victor Lochon, Glenn Martens, Tweed, Virginie Viard, Bertrand Guay, Gabriela Hearst's, Ik, Hearst, Aitor Rosas Sune, WWD, Isidore Montag, Victoria Beckham Kendall Jenner, David, Romeo, Harper, Peter White, Bingbing, Daniele Oberrauch, Jonas Gustavsson, Karl Lagerfeld's, Miyake, Isabel Marant's, Filippo Fior, Isabel Marant, Jun, Valerio Mezzanotti, Ann Valerio Mezzanotti Junya Watanabe, Miu, Jane Birkin, Julien De Rosa, Gigi Hadid, Caliee Spaeny, Priscilla Organizations: France CNN, Milan, Paris, Prada Group, SAG, Givenchy, Champs Elysee, Louis, LVMH, Getty, Washington Post, Rugby Locations: Paris, France, New York, London, “ Paris, Polish, Brazil, Milan, Hollywood, Balenciaga, AFP, Brooklyn, Van
Democratic Rep. Henry Cuellar was carjacked Monday evening blocks from the US Capitol. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementDemocratic Rep. Henry Cuellar of Texas was carjacked Monday evening as armed assailants attacked him as he was parking his car blocks from the Capitol. US Capitol Police said it has investigators working with DC Metropolitan Police given that the victim was a member of Congress. The Post previously reported how carjackings are on the rise throughout the Washington, D.C. metropolitan area.
Persons: Henry Cuellar, Cuellar, , Jacob Hochberg, Angie Craig, Lawmakers, Craig, Joe Biden, Jessica Cisneros Organizations: Democratic, Capitol, Service, Metro PD, Capitol Police, Washington Post, Navy Yard, Capitol . US Capitol Police, DC Metropolitan Police, DC, Minnesota Democrat, Democrats, Senate, Washington Locations: Henry Cuellar of Texas, Minnesota
The iPhone 15 features a USB-C port instead of the Lightning port which has been standard for more than decade. YouTuber Marques Brownlee says the new port lets the iPhone 15 transfer battery power to older iPhones. iPhone 15 devices can also communicate with each other to figure out which has a lower battery level, he said. AdvertisementAdvertisementInsider also tested this feature by plugging in the iPhone 15 Pro to an iPhone 13 Pro and noticed that the iPhone 15 Pro acted as a power bank and automatically started charging the iPhone 13. When Insider connected the iPhone 15 Pro to the iPhone 15, the two devices performed a handshake to recognize that the iPhone 15 had a much higher battery charge, and the iPhone 15 then started charging the iPhone 15 Pro.
Persons: YouTuber Marques Brownlee, Marques Brownlee, Brownlee Organizations: Service, Apple, European Union, EU Locations: Wall, Silicon
A band director ignored police requests to stop performing at the end of a football game. After he told his band to keep playing, police attempted to arrest him, the New York Post reported. The New York Post reported that Johnny Mims, the director of the Minor High School band, told musicians to keep playing after police instructed him to stop the music. The band was accompanying a high school football game between Minor High School and Jackson-Olin High School at the PD Jackson-Olin High School stadium in Alabama on September 14. AdvertisementAdvertisementHe refused police orders to stop, instead instructing his band to keep playing, the police department said in a statement issued on September 15.
Persons: Johnny Mims, Mims, Walter Gonsoulin Jr Organizations: New York Post, Service, The New York Post, Minor High, Minor High School, Jackson, Olin High School, Birmingham City, Institute of Electrical, Electronics Engineers Locations: Wall, Silicon, Alabama, Birmingham
Morgan Stanley names Dell a top pick Morgan Stanley said Dell is its new top pick in place of Apple after the company's earnings report on Thursday. " Bank of America reiterates Amazon as buy Bank of America is bullish on the company's partnership with Shopify. UBS reiterates Broadcom as buy UBS said in a note on Friday that Broadcom is a "prime" AI beneficiary. Baird downgrades PagerDuty to neutral from outperform Baird said shares are in the penalty box after Thursday's disappointing earnings report. Wedbush upgrades Papa John's to outperform from neutral Wedbush, in an upgrade of Papa John's , called the stock cheap.
Persons: Morgan Stanley, Apple, Dell, DELL, Tesla, Evercore, Needham, Goldman Sachs, Goldman, Eddie, Baird downgrades PagerDuty, Baird, Canaccord, Raymond James, Ferguson, Papa, Papa John's Organizations: Apple, DELL, SMRT, Bank of America, Shopify, Logistics, Service, Amazon Shipping, Citi, Holdings, Inc, JPMorgan, of America, Tesla's, UBS, Broadcom, TAP, Chevron, FedEx Locations: China
As August is known to be, it's been a rough month-to-date for all three of those stock market benchmarks so far. This past week, the overall market was oversold, according to Jim Cramer's trusted S & P Oscillator. After Friday's strong finish, we'll see if the market's oversold condition abates as two major themes play out in the week ahead: Earnings from two Club names — Salesforce (CRM) and Broadcom (AVGO) — and key economic reports ahead of September's Fed meeting. Outside of the labor market and inflation, we'll also get a look at the housing market with the pending home sales on Wednesday. As we heard from fellow Club name Palo Alto Networks (PANW) last week, companies are growing more cautious and more closely scrutinizing large sales deals.
Persons: Jerome Powell's, Powell, it's, Jim Cramer's, Friday's, , It's, we've, we'll, we're, Salesforce, AVGO, We're, Brown, Forman, Campbell Soup, LULU, Jim Cramer, Jim, Angela Weiss Organizations: Nasdaq, Federal, Nvidia, Dow Jones, Broadcom, Fed, Labor, Club, Palo Alto Networks, VMWare, HEICO Corporation, Bank of Montreal, BMO, Bank of Nova, Hewlett Packard Enterprise, HP, PVH Corp, Patterson Companies, Veeva Systems, UBS, Academy Sports, Hormel, Signet Jewelers, Dell Technologies, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, AFP, Getty Locations: Jackson Hole , Wyoming, China, Bank of Nova Scotia, New York City
Investors should keep an eye on biotech company BeiGene as it scales up its global revenue streams, according to Jefferies. Analyst Kelly Shi initiated coverage of the stock with a buy rating and assigned a price target of $287, suggesting shares stand to gain 49.2% in the next 12 months. The stock has lost 12% so far this year but has had a more uplifting quarter with gains of about 8%. According to the analyst, BeiGene's product pipeline could expand beyond oncology, as it currently includes early autoimmune candidates. BeiGene's tislelizumab drug is another major growth driver for the company, Shi said, highlighting the drug's position as China's top-selling PD-1 drug with about 40% market share.
Persons: Kelly Shi, Shi, BeiGene, BGNE, Amgen, — CNBC's Michael Bloom Organizations: Jefferies, pharma, Novartis Locations: Cambridge , Massachusetts, Beijing, China, BeiGene
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