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☆ Nigerian Fashion Moves Beyond the Catwalk
▼ + stars: | 2024-04-11 | by ( Tariro Mzezewa | ) www.nytimes.com time to read: +1 min

LAGOS, Nigeria — For the past decade, Nigeria’s best-known ambassadors have, arguably, been its musicians: Burna Boy, WizKid, Davido, Tiwa Savage Asake and Tems, who have popularized Afrobeats beyond West Africa. At a moment when music, literature, visual art and food from across the African continent continue to gain global popularity, fashion designers, particularly those from Nigeria, are ready for their industry to take center stage. There’s more variety, and people feel proud to be wearing things made by Africans.” In 2023, Alara opened a pop-up shop as part of the Brooklyn Museum’s “Africa Fashion” exhibition. “Currently the global fashion community is looking to the African continent for more than inspiration,” said Ernestine White-Mifetu, the Sills Foundation curator of African art at the Brooklyn Museum. “The fashion world at large is finally ready to pay attention.”

Persons: Nigeria’s, Burna, Tiwa Savage, Reni Folawiyo, Alara, ”, Ernestine White Organizations: Designers, “, Brooklyn, Sills Foundation, Brooklyn Museum Locations: LAGOS, Nigeria, West Africa, Lagos, ”, Africa

Goldman Sachs lowered its rating on Estée Lauder to neutral, and its new price target calls for a slight decline going forward. Elsewhere, Daiwa raised its price target on Nvidia, which points to more than 10% upside over the next 12 months. The firm stood by its outperform rating on the chipmaker stock, but lifted its price target to $900 from $535. FLYW YTD mountain FLYW in 2024 Faucette accompanied his downgrade by lifting his price target to $30 from $27. He also lifted his price target on the stock to $40 from $30, implying upside of 24.6% from Thursday's close.

Persons: Goldman Sachs, Estée Lauder, Jefferies, Root, Daiwa, Brad Sills, Sills, — Lisa Kailai Han, Stephens, Vita Coco, Coco, Jim Salera, COCO, Lisa Gill, Gill, Louis Miscioscia, Miscioscia, Lisa Kailai Han, Piper Sandler downgrades, Piper Sandler, Mark Fitzgibbon, Fitzgibbon, Morgan Stanley downgrades Flywire, Morgan Stanley, James Faucette, Faucette, Goldman Sachs downgrades Estée Lauder, Lauder, Goldman, Yaron Kinar, Kinar, Fred Imbert Organizations: CNBC, Nvidia, Bank of America, of America, Vertex, Accenture, RSM, BDO, JPMorgan, Daiwa, Markets, Riding, AMD, Intel, York Community Bancorp, York Community, New York Community Bancorp, Travel, B2B, U.S, Jefferies Locations: York, Canada, Asia, China, Hainan, Thursday's

However, the company also said it sees single-digit revenue growth for fiscal 2025. UBS reiterated a neutral rating alongside its $310 per share price target on Salesforce, or more than 3% upside ahead. Product revenue growth of 33% year over year in the fourth-quarter was also below Wall Street estimates. Murphy noted there's a disconnect between what Barrick has accomplished in the past five years and its stock price. "We see asset disposals and cost improvements as likely to reverse share price weakness as the market recognizes the strength of the asset portfolio."

Persons: Morgan Stanley, Snowflake, Jefferies, TD Cowen downgrades Macy's TD Cowen, Oliver Chen, Macy's, — Brian Evans, Brad Sills, Brian Evans, AutoNation Morgan Stanley, AutoNation, Morgan Stanley's, Mike Manley, Adam Jonas, Salesforce, Amy Weaver, Goldman Sachs, Kash Rangan, Bank of America's Brad Sills, Morgan Stanley downgrades Snowflake, Snowflake's, Frank Slootman, Keith Weiss, Matthew Murphy, Murphy, Fred Imbert Organizations: CNBC, Barrick, Mining, Bank of America, of America, TAM, Bank of America's, UBS, StreetAccount, Jefferies, Barrick Gold, Newmont, Newcrest Locations: Africa, East

A Salesforce sign is seen during the company's annual Dreamforce event, in San Francisco, California November 18, 2013. REUTERS/Robert Galbraith/File Photo Acquire Licensing RightsNEW YORK, Nov 30 (Reuters) - Salesforce Inc's (CRM.N) stock jumped by about 10% on Thursday to a nearly two-year high after the U.S. cloud and business software company reported stellar third quarter results underpinned by strong demand for its services. Salesforce's revenue of $8.72 billion and adjusted profit of $2.11 per share beat Wall Street expectations, the company reported after the closing bell on Wednesday. Reuters GraphicsMultiple analysts, including from Morgan Stanley, Evercore, Wells Fargo, and Deutsche Bank, raised their price target for Salesforce's shares following the results. Reporting by Chibuike Oguh in New York; Editing by Lance Tupper and Nick ZieminskiOur Standards: The Thomson Reuters Trust Principles.

Persons: Robert Galbraith, Morgan Stanley, Brad Sills, Chibuike Oguh, Lance Tupper, Nick Zieminski Organizations: REUTERS, Reuters Graphics, Deutsche Bank, Global Research, Thomson Locations: San Francisco , California, U.S, Evercore, Wells Fargo, Salesforce, New York

Goldman Sachs raised its price target on General Motors after the stock's best day since early 2021. The bank reiterated a buy rating as well as a top pick label, accompanied by a $300 per share price target. Goldman Sachs also maintained its buy rating and increased its target price to $345 per share from $340. To be sure, it maintained its $16 per share price target, which implies more than 3% downside from Wednesday's $16.52 close. — Brian Evans 5:45 a.m ET: Goldman raises GM price target Goldman Sachs analyst Mark Delaney increased his price target on General Motors to $45 from $42 after a series of bullish moves by the auto giant.

Persons: Goldman Sachs, Morgan Stanley, 31.6x, Eric Heath, Wells, Andrew Nowinski, — Brian Evans, José Neves, Marvin Fong, Brian Evans, Salesforce, Brad Sills, Kash Rangan, Jefferies, Snapchat, Pinterest, James Heaney, Meta Marshall, Mark Delaney, Delaney, Fred Imbert Organizations: CNBC, General Motors, Hewlett Packard Enterprise, Wall, Bank of America, SNAP, Goldman, GM Locations: Okta, America

Rubin died Friday at a hospital in Manhattan after “a brief and sudden illness,” according to his nephew, David Rotter. “Steve Rubin was a great publisher,” Grisham said in a statement. “For more than a month, it was humanly impossible to miss ‘Fire and Fury,’" Rubin wrote in his memoir “Words and Music,” published earlier this year. Rubin joined Bantam Books, a venerable paperback publisher, in the mid-1980s, and remained there for six years before leaving for Doubleday. In his memoir, he offered a succinct, if incomplete prediction: “I suppose the headline of my obit will read 'Publisher of ”The Da Vinci Code" dies'.”

Persons: — Stephen Rubin, John Grisham, ”, Rubin, “, David Rotter, Jacqueline Kennedy, Beverly Sills, Jane Friedman, ” Rubin, Kennedy, Henry Holt, Simon, Simon & Schuster, Bill O’Reilly, Martin Dugard, Laura Esquivel’s, Mitch Albom’s, ” Hilary Mantel’s, George W, Bush's, Bush, John Grisham's, Grisham, unshaven, “ Steve Rubin, ” Grisham, Doubleday, Dan Brown’s, Brown, Steve, Holt, Trump, Michael Wolff’s, Steve Bannon, Wolff, ’, Michael, Luciano Pavarotti, Sills, Cynthia Organizations: HarperCollins Publishers, Associated Press, New York Times, Doubleday, Henry Holt and Company, Simon &, Holt, New York University, Boston University, UPI, The New York Times Magazine, Bantam Books, Rubin Institute for Music, San Francisco Conservatory of Music Locations: Manhattan, Europe, New York City

☆ Floridians are relocating to the center of the state to try to avoid hurricanes — and high insurance premiums
▼ + stars: | 2023-10-08 | by ( Dan Latu | ) www.businessinsider.com time to read: +5 min

AdvertisementAdvertisementSome Floridians are leaving their coastal homes due to the risk of extreme weather events and increasing insurance premiums —but they aren't going too far. They were happy to move far away from not only the risk of extreme weather events, but also the rising insurance premiums tied to coastal communities. Ocala, Florida John Coletti/Getty ImagesOf course, Ocala is not completely immune to hurricanes, as the Journal noted 2017's Hurricane Irma caused some power outages and flooding. Ocala, Florida Michael Warren/Getty ImagesThe average insurance premiums for Florida residents has tripled in the past five years, according to Insurance Information Institute data collected by the Journal. Danny Collins, who lives in Hobe Sound, Florida, just north of West Palm Beach, previously told Insider his mortgage jumped $1,000 under new insurance premiums.

Persons: —, Courtney Moody, Moody, it's, she's, Ocala , Florida John Coletti, Irma, Jo Anne, Ed Lewis, Bonita Springs . Ocala , Florida Michael Warren, Danny Collins, Bob Stephens Organizations: Ocala, Alpha, Service, Wall Street, Ocala Police Department, Getty, Florida, Insurance, Journal, Farmers Group, West Palm Beach, Dade Locations: Florida, South Florida, Ocala, Orlando, Sunshine, Miami, Ocala , Florida, Bonita Springs, Bonita Springs . Ocala , Florida, Hobe Sound, West Palm, Marathon . Ocala, Marion, Dade County, that's

☆ The Mississippi River's flow is the weakest it's been in 35 years. Seawater overtaking the river could make New Orleans' drinking water too salty for months.
▼ + stars: | 2023-10-01 | by ( Morgan Mcfall-Johnsen | Katie Hawkinson | ) www.businessinsider.com time to read: +4 min

Saltwater will soon rush into the Mississippi River, which hit its lowest flow rate since 1988. AdvertisementAdvertisementFor the second year in a row, the Mississippi River water level is at an extreme low. AdvertisementAdvertisementThat's because a low flow rate could allow saltwater from the Gulf of Mexico to push into the river and pollute the source of drinking water for thousands. AdvertisementAdvertisementUSACE officials beyond Louisiana are also working to mitigate the effects of low water levels and low flow rates. Ultimately, rain — and a lot of it — is what the Mississippi River will need to reach its average water level and flow rate again, Roe and Dell'Orco both agreed.

Persons: John Bel Edwards, —, We're, Matt Roe, Roe, Joe Biden, Edwards, Lou Dell'Orco, Louis District, Dell'Orco Organizations: Gov, Service, New, US Army Corps of Engineers, USACE, Louis Locations: Mississippi, Louisiana, New Orleans, Gulf, Mexico, Algiers, Plaquemines Parish, Missouri

☆ US Army engineers are dredging the dwindling Mississippi River 24/7 and battling seawater creeping upstream toward New Orleans' drinking water
▼ + stars: | 2023-09-30 | by ( Maiya Focht | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

This threatens both the country's international supply chain and national drinking water access. AdvertisementAdvertisementA long stretch of drought in the Midwest has caused the Mississippi River to drop to abnormally low levels. Kevin Dietsch/Staff/Getty ImagesProblem two: Louisiana's drinking water is at stakeAn estimated 18 million people get their drinking water from the Mississippi. For example, it's contaminated the drinking water of roughly 23,515 residents in Plaquemines Parish where residents are advised to only drink bottled water. These aren't permanent solutions, but they buy local communities precious time to prepare to find alternate drinking water sources, Roe added.

Persons: Mother Nature, —, Colin Wellenkamp, Lou Dell'Orco, Louis District, Dell'Orco, they're, John Bel Edwards, Joe Biden, Kevin Dietsch, Biden, Edwards, Matthew Roe, it's, Sills, Roe, she's Organizations: Service, America, Getty, Towns Initiative, Associated Press, Shipping, AP, St . Louis District US Army Corps of Engineers, USACE, US Army Corps of Engineers, Louis, Louisiana's, Louisiana Gov, New Locations: Mississippi, Midwest, Louisiana, Cities, St.Louis, St, Louis, Gulf of Mexico, Plaquemines Parish, New Orleans

☆ Inside the Elaborate, Enviable Design of Three New York Homes
▼ + stars: | 2023-09-21 | by ( ) www.nytimes.com time to read: +34 min

If You Can Make It Here Great design for a great city (New York, of course — where else?) In the oak-paneled living room of Justinian Kfoury’s apartment in a townhouse on Washington Square Park, an Audubon-style print and a Hans Wegner Papa Bear chair. “She was eccentric, grand, but not afraid of making weird decisions about design.” In the living room, a 1975 Leonid Berman painting of the Venice Lagoon hangs between the French doors. A view of the double-height living room from the curved balcony on the third floor. A sculpture by Huma Bhabha and a configuration of five Isamu Noguchi L7 pendants in the landing that separates the primary suite from the living room.

Persons: it’s, Mishan, there’s, —, Justinian, Hans Wegner Papa Bear, Paavo, Marc Hundley, that’s, Adriana Lara, Nicholas Krushenick, ”, Justinian Kfoury, downtowners, He’d, Trish Goff, Kfoury, “, Leonid Berman, Jelto ”, Tomma Abts, Paul Cadmus, Edith Wharton, Henry James, Paul van der, ” Kfoury, Joe Roberts, Mary Cameron Goodyear, Kfoury’s, He’s, Wolfgang Tillmans, they’d, It’s, Lorna Simpson, Mario Bellini, Misha Kahn, Michael Anastassiades, Glenn Ligon’s, Frank Bowling, Piet Hein Eek, Miriam Cahn, Paul Pfeiffer’s, Leah Panlilio, Tal Schori, Rustam Mehta, Adam Pogue, Constantino Buccolieri, Michael Kirkland, Alvar Aalto, Cy Twombly’s, Ho, Huma Bhabha, Isamu Noguchi, Nairy Baghramian, Coco Fusco, Robert Vinas Jr, Duro Olowu, Mark Ellison, Adam Marelli, Bob Chan, Isamu Noguchi Akari, Danh Vo, Nairy, ‘, Laura Mac Donald, Theaster Gates, Frank Lloyd, Kirkland, Ettore, Parsons, Jasper Johns, Merce Cunningham, Julianne Moore, Bart Freundlich’s Montauk, Bart Freundlich’s, Moore, Tom Volk, Oliver Freundlich, Anne’s, Pierre Jeanneret, Willy Van Der, Ori Gersht, she’s, ” It’s, Bart Freundlich, Tomas Maier, Bottega, Andrew Geller, Norman Jaffe, Freundlich, ” Moore, Moore’s, Liv, Caleb, Robert Gurr, Pierre, Noguchi, Alma Allen, Joseph Dirand, Oliver, “ I’m, ” Oliver, grins, MOORE, Anne Love Smith, Massimiliano Locatelli, Daniel Romualdez, Vincent Van Duysen, Charlotte Perriand, Pierre Chapo, Willy Van Der Meeren, Friedrich Kunath, Mark Wilson, Donald Judd, Wilson, Karl Springer, Rogan Gregory, Nancy Pearce, Oscar, Alice ”, Alexander Calder, Andrea Zittel, JB Blunk, AFTRA, Hope, ‘ You’re, ’ ” Organizations: Manhattan’s, Yorkers, that’s, Audubon, Washington, East Village, brac, AS, Fifth, Fort Standard, GRT Architects, Architects, Walt Disney Concert Hall, Soane Britain, Hamptons, WHO, Writers Guild of America, SAG, “ Locations: New York, Paris, London, Rome , New York, It’s, Washington, Manhattan, Harlem, Montauk, American, Chinatown, York, New York’s Washington, Kennebunkport, England, East, Boston, Lebanon, Maine, Vermont, Venice, Moroccan, North, Kfoury’s, New York’s Harlem, Westchester County, N.Y, Brooklyn, Italian, Finnish, Rome, Los Angeles, Korean, Berlin, Iranian, Chicago, North Carolina, California, Summerhill, Long, Fort Pond, New York City, Pond, Morentz, Scottish, Japanese American, Belgian, East Hampton, Japan, “, Swiss

☆ Julianne Moore’s Montauk Sanctuary
▼ + stars: | 2023-09-21 | by ( Nick Haramis | ) www.nytimes.com time to read: +34 min

— HANYA YANAGIHARASpeak Softly In a wild meadow by the sea, Julianne Moore and Bart Freundlich’s Montauk house uses just a few materials to say many things. In Moore’s office, a Pierre Jeanneret desk and chair, an Alvar Aalto stool and a Willy Van Der Meeren cabinet. In the oak-paneled living room of Justinian Kfoury’s apartment in a townhouse on Washington Square Park, an Audubon-style print and a Hans Wegner Papa Bear chair. A view of the double-height living room from the curved balcony on the third floor. A sculpture by Huma Bhabha and a configuration of five Isamu Noguchi L7 pendants in the landing that separates the primary suite from the living room.

Persons: it’s, Mishan, there’s, —, Julianne Moore, Bart Freundlich’s Montauk, Bart Freundlich’s, Moore, Tom Volk, Oliver Freundlich, Anne’s, Pierre Jeanneret, Alvar Aalto, Willy Van Der, Ori Gersht, she’s, ” It’s, ”, “, Bart Freundlich, Tomas Maier, Bottega, Andrew Geller, Norman Jaffe, Freundlich, ” Moore, Moore’s, Liv, Caleb, Robert Gurr, Isamu Noguchi, Pierre, Noguchi, Alma Allen, Joseph Dirand, Oliver, “ I’m, ” Oliver, grins, MOORE, Anne Love Smith, Massimiliano Locatelli, Daniel Romualdez, Vincent Van Duysen, Charlotte Perriand, Pierre Chapo, Willy Van Der Meeren, Friedrich Kunath, Mark Wilson, Donald Judd, Wilson, Mario Bellini, Karl Springer, Rogan Gregory, Nancy Pearce, Oscar, Alice ”, Alexander Calder, Andrea Zittel, JB Blunk, AFTRA, Hope, It’s, ‘ You’re, ’ ”, Justinian, Hans Wegner Papa Bear, Paavo, Marc Hundley, that’s, Adriana Lara, Nicholas Krushenick, Justinian Kfoury, downtowners, He’d, Trish Goff, Kfoury, Leonid Berman, Jelto ”, Tomma Abts, Paul Cadmus, Edith Wharton, Henry James, Paul van der, ” Kfoury, Joe Roberts, Mary Cameron Goodyear, Kfoury’s, He’s, Wolfgang Tillmans, they’d, Lorna Simpson, Misha Kahn, Michael Anastassiades, Glenn Ligon’s, Frank Bowling, Piet Hein Eek, Miriam Cahn, Paul Pfeiffer’s, Leah Panlilio, Tal Schori, Rustam Mehta, Adam Pogue, Constantino Buccolieri, Michael Kirkland, Cy Twombly’s, Ho, Huma Bhabha, Nairy Baghramian, Coco Fusco, Robert Vinas Jr, Duro Olowu, Mark Ellison, Adam Marelli, Bob Chan, Isamu Noguchi Akari, Danh Vo, Nairy, ‘, Laura Mac Donald, Theaster Gates, Frank Lloyd, Kirkland, Ettore, Parsons, Jasper Johns, Merce Cunningham Organizations: Manhattan’s, Yorkers, that’s, Hamptons, WHO, Writers Guild of America, SAG, “, Audubon, Washington, East Village, brac, AS, Fifth, Fort Standard, GRT Architects, Architects, Walt Disney Concert Hall, Soane Britain Locations: New York, Paris, London, Rome , New York, It’s, Washington, Manhattan, Harlem, Montauk, American, Chinatown, York, N.Y, Summerhill, Long, Fort Pond, New York City, Pond, North Carolina, Morentz, Scottish, Japanese American, Belgian, East Hampton, Japan, “, California, Swiss, New York’s Washington, Kennebunkport, England, East, Boston, Lebanon, Maine, Vermont, Venice, Moroccan, North, Kfoury’s, New York’s Harlem, Westchester County, Brooklyn, Italian, Finnish, Rome, Los Angeles, Korean, Berlin, Iranian, Chicago

☆ Here's what analysts are saying after Adobe's third-quarter beat
▼ + stars: | 2023-09-15 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

The software company reported a top- and bottom-line beat on Thursday, on an adjusted $4.09 per share and $4.89 billion in revenue. Goldman Sachs analyst Kash Rangan reiterated a buy rating on Adobe stock with a higher $625 per share price target, up from $550. Bank of America's Brad Sills also reiterated a buy rating on Adobe stock on Thursday, accompanied by a $660 per share price target. Morgan Stanley analyst Keith Weiss remained overweight on Adobe stock after third-quarter results , also with a $660 per share price target. JPMorgan's Mark Murphy is neutral on Adobe stock, with a $530 per share price target.

Persons: LSEG, Goldman Sachs, Kash Rangan, Rangan, Bank of America's Brad Sills, Sills, Morgan Stanley, Keith Weiss, Weiss, JPMorgan's Mark Murphy, Murphy, — CNBC's Michael Bloom Organizations: LSEG, Adobe, TAM, Bank of America's

☆ The company with the ticker 'AI' doesn't appear to be benefiting from AI boom, Bank of America says
▼ + stars: | 2023-09-07 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

"Results do not suggest that C3 is benefiting from growing demand for AI," analyst Brad Sills said of the company, which trades under the ticker AI. AI is the hottest trend going in the stock market with chipmaker Nvidia leading the way, up more than 200% this year. But it only reaffirmed its full-year revenue guidance, which to Sills "does not suggest C3 benefiting from AI tailwinds." "Following the release of ChatGPT in November of 2022, we're seeing a dramatic increase in demand for enterprise AI adoption," he said on the call. "In Q1, we experienced strong traction with our enterprise AI applications and especially strong traction with C3 Generative AI."

Persons: Brad Sills, Sills, Thomas Siebel, — CNBC's Michael Bloom, John Melloy Organizations: Bank of, Nvidia, LSEG, Bank of America Locations: Wednesday's

☆ Goldman Sachs sees Salesforce rallying more than 50% after strong earnings
▼ + stars: | 2023-08-31 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Salesforce 's latest earnings have Goldman Sachs even more excited for the tech stock's future. A day earlier, Salesforce reported fiscal second-quarter earnings and revenue that beat expectations , while also issuing better-than-forecasted guidance for the current quarter. Goldman Sachs analyst Kash Rangan raised his price target on Salesforce by $15 to $340 per share, implying upside of 58.1%. His price target would mark a continuation of this year's rally, with the stock already up more than 62% in 2023. "Salesforce delivered strong results, even despite the negative investor sentiment heading into the print," he said.

Persons: Salesforce, Goldman Sachs, Kash Rangan, Rangan, couldn't, Brad Sills, Brad Zelnick, Lenschow, — CNBC's Michael Bloom Organizations: Microsoft, Adobe, Intuit, Autodesk, of America, Deutsche Bank Locations: CY24, reaccelerating

☆ Bank of America says this top cloud pick can rally 50% from here
▼ + stars: | 2023-08-24 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Splunk could see huge gains ahead amid rising demand in the machine data processing and analytics space, according to Bank of America. Analyst Brad Sills named the cloud stock a top pick, while raising his price target by $20 to $150. Sills' new target implies shares could surge 50.1% in the next year from Wednesday's close. Sills said the second-quarter results showed annual recurring revenue upside. He also noted the fact that the company could surprise on annual recurring revenue despite major changes to operations happening in the quarter.

Persons: Brad Sills, Sills, CNBC's Michael Bloom Organizations: Bank of America, Nasdaq Locations: Wednesday's

☆ Bank of America upgrades this software stock, says it can be the next A.I. leader
▼ + stars: | 2023-08-17 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

"In a blue-sky scenario, we arrive at AI revenue of $1 billion in FY24, growing to $2.9 billion by FY26 (which assumes 33% Firefly penetration to Creative Cloud/Express users)." Bank of America's upgrade follows a similar move from Morgan Stanley last month . Morgan Stanley raised its rating on Adobe to overweight from equal weight — also citing the company's AI potential. Adobe stock has soared more than 52% in 2023. ADBE YTD mountain Bank of America's forecast implies more than 22% upside for Adobe.

Persons: Brad Sills, Adobe, Sills, Morgan Stanley, —, CNBC's Michael Bloom Organizations: of America, Adobe, Cloud, Bank of, America's

☆ Josh Sills: Philadelphia Eagles lineman is acquitted on rape and kidnapping charges in Ohio
▼ + stars: | 2023-08-06 | by ( Artemis Moshtaghian | ) edition.cnn.com time to read: +1 min

CNN —A player for the NFL’s Philadelphia Eagles who was accused of raping and kidnapping a woman in 2019 has been acquitted of the charges, according to documents filed in Guernsey County Court in Ohio. Offensive lineman Josh Sills had been indicted by a grand jury on January 31 and was placed on the NFL’s commissioner exempt list, preventing him from practicing, playing or travel with the team. “We are aware that the legal matter involving Josh Sills has been adjudicated and he was found not guilty,” the team said. Sills’ lawyer, Michael Connick, said the acquittal “ends a nearly four-year nightmare for the Sills family, and particularly Josh,” according to the Philadelphia Inquirer. CNN has reached out to Sills’ legal representation for further comment.

Persons: Josh Sills, “, Sills ’, Michael Connick, Sills, Josh, ”, Dave Yost, ” Yost, ” Sills Organizations: CNN, NFL’s Philadelphia Eagles, Guernsey County Court, Eagles, Philadelphia Inquirer, Oklahoma State Locations: Guernsey County, Ohio, America

☆ Bank of America makes this software stock a top pick: 'A.I. interest is palpable'
▼ + stars: | 2023-07-28 | by ( Hakyung Kim | ) www.cnbc.com time to read: +1 min

Customer relationship manager HubSpot could see "another leg of growth" from artificial intelligence, according to Bank of America. "AI interest is palpable," analyst Brad Sills wrote in a Friday note. "We view HubSpot as the winner in the vast SMB front office applications category, with the leading platform, channel and brand." "HubSpot is a natural AI play, with the largest data set (1bn+ transactions and 177,000 customers) residing in one organically built platform, enabling rapid development of AI offerings," Sills said. Although shares have surged 92% year to date, Bank of America believes the stock is still trading at a discount relative to the large-cap software group.

Persons: HubSpot, Brad Sills, Sills, — CNBC's Michael Bloom Organizations: Bank of America

☆ Wall Street analysts stay bullish on Microsoft after earnings given its 'unique position' in A.I.
▼ + stars: | 2023-07-26 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Weiss reiterated an overweight rating on Microsoft stock with a $415 per share price target, which implies 18% upside from Tuesday's close. Meanwhile, Goldman Sachs analyst Kash Rangan noted that while Azure revenue growth was stabilizing, he highlighted the contributions generative artificial intelligence is making to the segment's maturation. He reiterated a buy rating on the stock with a $400 per share price target, or roughly 14% upside. Bank of America's Brad Sills also reiterated a buy rating on Microsoft stock, albeit with a higher $405 per share price target which equates to 15% upside. Citi's Tyler Radke maintained a buy rating on Microsoft with a $425 price target, or about 21% upside from Tuesday's close.

Persons: Morgan Stanley, Keith Weiss, Weiss, JPMorgan's Mark Murphy, Murphy, Goldman Sachs, Kash Rangan, Rangan, Bank of America's Brad Sills, Sills, Citi's Tyler Radke, Wells Fargo's Michael Turrin, Turrin, — CNBC's Michael Bloom Organizations: Microsoft, Bank of America's

☆ Microsoft's latest A.I. subscription is boosting Wall Street's confidence in the software giant
▼ + stars: | 2023-07-19 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Analysts are turning more bullish on Microsoft and its artificial intelligence capabilities after the software giant revealed pricing for its A.I. Shares closed at a record Tuesday after Microsoft revealed a $30 fee for its monthly Copilot offering, which adds AI capabilities to Microsoft 365. The announcements led to a handful of Wall Street price target adjustments, as the company solidifies its dominance in the latest technology revolution consuming the investing community. The analyst has an overweight rating on the stock and raised his price target to $385 per share from $350. The analyst hiked his price target to $400 from $330.

Persons: chatbot, Microsoft's, Amy Hood, Mark Murphy, James, Brad Sills, Sills, Brad Zelnick, — CNBC's Michael Bloom Organizations: Microsoft, Meta, Bank of America Locations: ChatGPT

☆ Bank of America says buy this workflow automation leader in A.I. poised to rally nearly 20%
▼ + stars: | 2023-07-19 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Investors should consider buying this enterprise software stock and "leading workflow automation AI name" that has risen more than 57% this year. Analyst Brad Sills reiterated ServiceNow as a top pick and a buy in a Wednesday note to clients, revising his price target to $700 from $600 a share. ITSM and ITOM stand for IT service management and IT operations management software, respectively. Sills' upside case anticipates mid-20s growth through 2028, and should account for $28.3 billion in revenue, or 27.6% of these markets combined. Recent commentary with partners also suggested heightened AI interest is contributing to an increase in Pro editions, he added.

Persons: Brad Sills, ServiceNow, ITSM, Sills, — CNBC's Michael Bloom Organizations: Gartner

☆ A Montana couple spent $20,000 building a 2-bedroom house, and now they're debt-free. There's just one catch: The house is made of clay, sand, and straw.
▼ + stars: | 2023-07-18 | by ( Amanda Goh | ) www.businessinsider.com time to read: +13 min

Daniel Ray, the owner, estimates that they spent less than $20,000 on the entire construction. Daniel Ray/Spiritwood Natural BuildingBut it wasn't until a couple of years later that the couple finally had a chance to turn it into reality. They saw their first cob house as practice for the new space they had in mind. "We both had full-time jobs and then would also work about 40 hours a week on building the house," Ray said. It's also going to reduce the amount of effort that you have to put into building the house," Ray said.

Persons: Daniel Ray, Daniel, Katherine Ray, Ray, they'd, that's, it's, didn't, It's, Katherine Organizations: Service Locations: Montana, Wall, Silicon, Wales, Vancouver, British Columbia, Bitterroot, Victor , Montana, Mexico, India, Moroccan, Victor

☆ Bank of America ranks the biggest A.I. winners in software stocks. Here are its top picks
▼ + stars: | 2023-05-31 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

As investors look for winners in the artificial intelligence boom, several software stocks stand out, including Microsoft and Oracle, according to Bank of America. Given the "immense opportunity ahead for both vendors and investors," Bank of America analysts have created a proprietary ranking system to identify potential AI beneficiaries in the software group. The rankings identify consensus AI leaders and software vendors, the firm said in a note Tuesday. "We have created a proprietary framework of analysis (based on 13 yes or no questions) that investors can use to predict potential AI beneficiaries. HubSpot may also potentially use AI for data cleansing and email data capture, among other things, he said.

Persons: Brad Sills, Bing, OpenAI, Sills, HubSpot, — CNBC's Michael Bloom Organizations: Microsoft, Oracle, Bank of America, Nvidia, OpenAI, HubSpot Locations: OpenAI

☆ The AI software market will boom to $787 billion by 2026. Here are the top 20 stocks that will lead, according to Bank of America.
▼ + stars: | 2023-05-31 | by ( Laila Maidan | ) www.businessinsider.com time to read: +2 min

Bank of America reviewed 30 stocks to determine which ones will benefit from AI software demand. But Bank of America expects the global AI market to reach $900 billion by 2026, up from just under $600 billion this year. A large chunk of that growth will come from the AI software sector at $787 billion. A May 30 note from Bank of America listed the top-three factors that lend themselves to success within the sector. The results were compiled into a ranking system from Tier 1 to Tier 3, with the former being best-positioned for the AI opportunity.

Persons: Brad Sills, Sills Organizations: of America, Bank of America

☆ Analysts are getting even more bullish on Microsoft's A.I. prospects after latest earnings report
▼ + stars: | 2023-04-26 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Microsoft's big swings on artificial intelligence are paying off, and analysts are even more bullish on the tech giant. Rangan has a buy rating on Microsoft and a price target of $335, implying upside of 21.6%. "Azure growth was ahead of expectations with MSFT showing ability to protect margin/EPS in a tough backdrop," Turrin said, who rates the stock as overweight. He also hiked his price target to $345 from $320, pointing to a 25.2% potential gain. Keith Weiss of Morgan Stanley also reiterated an overweight rating on the stock, and hiked his price target to $335 per share from $307.

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