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☆ Gen Z students lead pro-Palestine demonstrations while their Boomer professors see parallels to past protest eras
▼ + stars: | 2024-05-12 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +9 min

At Indiana University, protesters say they've been met with a militarized response from police. AdvertisementOn April 25, a day after Indiana University made a controversial change to its protest policies, students built an encampment on the school's Dunn Meadow. Isabella Volmert/AP PhotoShe joined the campus protests on April 25 alongside her husband, an IU staff member. From Vietnam to the Israel-Hamas WarWhen Dunn Meadow was established in 1969, official university policy dictated that overnight encampments were not allowed. AdvertisementThe Indiana University Police Department did not immediately respond to a request for comment from BI.

Persons: they've, —, Dunn, Pamela Whitten, Whitten, Barbara Dennis, Isabella Volmert, Dennis, Jia Wu, haven't, Z Bryce Greene, Greene, Jeremy Hogan Organizations: Indiana University, Service, Business, Indiana University's School of Education, Occupy, IU, New York Times, Columbia, City College of New, Hamilton Hall, Columbia University, Getty, College, Kent State University, Ohio National Guard, Indiana University Police Department, Palestine Solidarity Committee, Naval Surface Warfare, University, Indiana University's, Faculty, UNICEF Locations: Israel, Vietnam, Gaza, Dunn, Iraq, City College of New York, New York City, AFP, Kent, Palestine, Crane , Indiana, Indiana

☆ Top Wall Street analysts are feeling confident about these 3 stocks after earnings
▼ + stars: | 2024-05-12 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

Bearing that in mind, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Silberman noted that U.S. same-store sales growth of 5.6% reflected broad-based momentum, with improved traffic experienced in carryout and delivery. She added that the traffic growth was driven by Domino's revamped loyalty program, strong value proposition, operations and innovation. The analyst also noted that DPZ is benefiting from increased contributions from Uber Eats, thanks to growing marketing efforts and awareness. The analyst thinks that the company's strategic initiatives will enhance same-store sales growth and drive meaningful restaurant margin expansion in the near and long term.

Persons: Lauren Silberman, Silberman, Domino's, Uber, TipRanks, BTIG, Peter Saleh, Saleh, Baird, William Power, Power Organizations: Wall Street, U.S, Deutsche Bank, Investors, Apple's, Apple Locations: China, TipRanks

☆ Opinion: The problem with space junk – and how to solve it
▼ + stars: | 2024-05-09 | by ( Opinion Moriba Jah | ) edition.cnn.com time to read: +6 min

This incident serves as an example of the urgent need for a profound shift toward sustainable space practices. Proponents of a circular space economy advocate for a transformative departure from this wasteful paradigm. Much like embracing reusable materials on Earth, transitioning to a circular space economy means designing space systems with reuse, refurbishment and recyclability in mind. The European Space Agency (ESA) has emerged as a trailblazer in the pursuit of a circular space economy. By leading the charge toward sustainable space practices, NASA can inspire other space agencies and private companies to follow suit.

Persons: Moriba Jah, Otero, Moriba Jah Mark Thiessen, wasn’t, I’m, Artemis Organizations: MacArthur Fellowship, University of Texas, CNN, Space, European Space Agency, ESA, NASA, Space Shuttle, Twitter, Facebook Locations: Austin, Naples , Florida, Naples

☆ 2 OpenAI researchers working on safety and governance have quit
▼ + stars: | 2024-05-09 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Read previewTwo OpenAI employees who worked on safety and governance recently resigned from the company behind ChatGPT. Daniel Kokotajlo left last month and William Saunders departed OpenAI in February. Kokotajlo, who worked on the governance team, is listed as an adversarial tester of GPT-4, which was launched in March last year. OpenAI also parted ways with researchers Leopold Aschenbrenner and Pavel Izmailov, according to another report by The Information last month. OpenAI, Kokotajlo, and Saunders did not respond to requests for comment from Business Insider.

Persons: —, Daniel Kokotajlo, William Saunders, Saunders, Kokotajlo, overton, Ilya Sutskever, Jan Leike, AGI, It's, Sam Altman, Diane Yoon, Chris Clark, Yoon, Clark, OpenAI, Leopold Aschenbrenner, Pavel Izmailov Organizations: Service, Business, Alignment Locations: OpenAI

☆ PayPal lifts 2024 profit forecast as spending stays resilient, margins improve
▼ + stars: | 2024-04-30 | by ( ) www.cnbc.com time to read: +2 min

PayPal raised its full-year adjusted profit forecast on Tuesday, as the payments giant benefited from robust consumer spending, while measures to cut costs improved operating margins in the first quarter. Consumer spending has shown remarkable resilience even as economic worries clouded the outlook for the payments sector for months. The company expects 2024 adjusted profit to increase by "mid-to-high single-digit percentage", compared with its earlier forecast of it remaining flat. PayPal's operating margins improved 84 basis points, on an adjusted basis, to 18.2% in the first quarter. The company's low-margin business products have risen strongly, while growth in its branded products slowed due to increased pressure from competitors such as Apple .

Persons: Alex Chriss Organizations: PayPal, Nasdaq, FX, Apple Locations: San Jose , California

☆ Louisiana Will No Longer Require Students to Fill Out FAFSA to Graduate
▼ + stars: | 2024-04-26 | by ( Ann Carrns | ) www.nytimes.com time to read: +1 min

High school seniors are more likely to attend college if they complete the federal financial aid form known as the FAFSA, or Free Application for Federal Student Aid. But the state that was the first to require students to fill out the form to graduate, Louisiana, has reversed course and dropped the mandate, after state officials decided it was too intrusive. (The network prefers to call such practices “universal FAFSA” policies, rather than “mandatory,” because all states with the requirement allow students and their parents to opt out if they don’t want to fill out the form.) “We know FAFSA completion and enrollment are associated with each other,” Mr. DeBaun said. Filing the form allows students to get their share of federal grants.

Persons: ”, Bill DeBaun, Mr, DeBaun Organizations: Federal Student Aid, National College, Network Locations: Louisiana

☆ Snap offers as much as $500,000 in base salary to top Snapchat talent. Here's pay data on US jobs in engineering, sales, and more.
▼ + stars: | 2024-04-13 | by ( Ashley Rodriguez | Shriya Bhattacharya | ) www.businessinsider.com time to read: +27 min

Despite laying off full-time staff earlier this year, Snap has open roles in areas including engineering, sales, and marketing. On April 12, Snap had globally listed 142 open positions on its jobs board, including 88 openings in US cities. Related storiesMany of Snap's applications included annual salary ranges rather than a single salary for a given role. For example, Snap included a pay rate of $97,760 and $140,000 a year for one software engineer position. In cases where Snap submitted multiple applications for a particular job, such as a level III software engineer, we included the lowest and highest salary for the role as well as the median range.

Persons: Dan Whateley Organizations: Stars, Advertising Research Center, Business, US, of Foreign Labor, Department of Labor, Inc, Santa, Research, Data, Analytics, CRM Technology, Finance Technology, IT Corp Services, Learning, Partner, Engineering, Security Engineering, Software, Software Engineering, Oracle Systems, Assurance, iOS, Wireless Network, Global, Lens, Advisory Partners, Corporate, Corporate Finance, Strategic Locations: Santa Monica, Seattle, View, Palo Alto , New York, San Francisco

Video shows RSF soldiers humiliating men from a village in Jazira state. Displaced people fleeing from Jazira state arrive in Gedaref, in the east of war-torn Sudan, on December 22, 2023. The RSF told him they would only return his car if he worked for them, Farouk recalled. Displaced people fleeing from Jazira state arrive in Gedaref, in the east of war-torn Sudan, on December 22, 2023. The RSF’s violent advances in Jazira state, their targeted destruction of warehouses, Sudan’s gene bank and irrigation systems will inevitably further exacerbate Sudan’s massive food shortages,” she said.

Persons: CNN —, “, Sudan’s, ”, Alex de Waal, Mohamed Badawi, Luis Tato, Sidiq Farouk, Farouk, ” Farouk, hasn’t, ‘, ’, Hala Al, Al Karib, Tomoya Obokata, Leni Kinzli, ” Kinzli, Omar Marzoug, geolocated, Waal, Médecins, Anette Hoffmann, You’re, ” CNN’s Benjamin Brown Organizations: CNN, Rapid Support Forces, Sudanese Armed Forces, SAF, United Nations, Peace Foundation, African Center for Justice, Peace Studies, Getty, Food Programme, UN Office, Humanitarian Affairs, UN, Hala, Initiative, Women, UNICEF, WFP, “, ” CNN, ”, Farmers ’ Alliance, Clingendael Institute, Agriculture Organization Locations: Al Jazira, Sudan’s, Darfur, Jazira, Sudan’s breadbasket Jazira, Sudan, Khartoum, of, Sudanese, Renk, South Sudan, AFP, Chad, Gedaref, Hala Al Karib, Horn of Africa, Omdurman, Al, of Africa

☆ Lego revenue grows 2% in 2023, as CEO hails 'very, very strong' U.S. progress
▼ + stars: | 2024-03-12 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

Lego said its 2023 revenue was 2% higher compared to the previous year, growing to 65.9 billion Danish krone (around $9.65 billion). "It was a difficult year," Lego CEO Niels Christiansen told CNBC. The Danish toymaker said operating profit declined slightly from 17.9 billion Danish krone to 17.1 billion, noting that it had boosted spending on strategic initiatives designed to drive growth. Net profit came in at 13.1 billion Danish krone in 2023, compared to 13.8 billion the previous year. Toy company Hasbro earlier this month said its 2023 revenue fell by 15% compared to 2022 and that it expected to see a further decline this year.

Persons: Lego, Niels Christiansen, toymaker Organizations: CNBC, Toy, Hasbro Locations: China, U.S, Europe

The work report presented Tuesday by Premier Li Qiang to the National People’s Congress outlined plans for modest increases in overall spending and a hefty 7.2% jump in funding for the military. Li's work report is designed to showcase for the nation achievements in the past year and convey the top leadership's priorities for this year. Photos You Should See View All 60 ImagesApart from the ambitious growth target, “There is no reform, no liberalization, no action plan and no messaging of reassurance,” he said. — Another 10.4 billion yuan ($1.4 billion) will go to upgrading industries and modernizing manufacturing. “We will work to build China's self-reliance and strength in science and technology,” the report said.

Persons: it’s, Premier Li Qiang, Li, Xi Jinping's, James Zimmerman, ”, Tianchen Xu, What's, —, Xu, ” Lynn Song Organizations: BEIJING, Premier, National People’s, Communist, American Chamber of Commerce, Economist Intelligence Unit, Baidu, Greater China, ING Economics, — Locations: China, Beijing, Washington, Hong Kong, Greater

☆ Wall Street gets its biggest investment-banking shakeup in years. Here are the key players making moves.
▼ + stars: | 2024-02-26 | by ( Reed Alexander | ) www.businessinsider.com time to read: +6 min

Read previewWall Street experienced a big shakeup on Monday when two big banks announced new leaders for their investment-banking units. Citi's hire comes just weeks after JPMorgan promoted Raghavan to the sole head of its deals business, forcing America's biggest bank by assets to regroup. Under Raghavan, JPMorgan rose to No. For the last decade, the 59-year-old has been CEO of the bank's commercial bank, dedicated to corporate lending, including to Silicon Valley startups and real-estate investors. In an internal memo announcing his new role, bank executives said he's "significantly" grown revenue in the region since he took over the region in 2019.

Persons: —, Viswas Raghavan, Raghavan, Jamie Dimon, Filippo Gori, Doug Petno, Filippo Gori —, Jane Fraser, Fraser, Merrill Lynch, Andy Sieg, Patrick T, Fallon, Raghavan Raghavan, Doug Petno Petno, Jennifer Piepszak, Troy Rohrbaugh, Piepszak, Marianne Lake, Rohrbaugh, he's, He'll, Sjoerd Leenart, Mary Erdoes, Reed Alexander Organizations: Service, Citigroup, America's, Business, JPMorgan, Citi, Financial Times, Banking & International, Citi Foundation, EMEA, Financial News, JPMorgan's, Corporate Banking Locations: Hong Kong, London, Europe, Africa, Fraser, EMEA, Silicon, Filippo Gori Gori, JPMorgan's Asia, Pacific

☆ These stocks are well positioned for when the Federal Reserve starts cutting rates, Barclays says
▼ + stars: | 2024-02-23 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

This would likely push the Federal funds target range to between 4.5% to 4.75% by the end of this year, he said. Take a look at the stocks Barclays thinks are best-positioned for lower rates later this year. Darden Restaurants is one of the consumer names Barclays believes can outperform when the Fed loosens rates. Clothing retailer Gap is another stock Barclays believes will be a rate-cut cycle winner. GPS YTD mountain The Gap shares in 2024 Agribusiness company Bunge also made the cut.

Persons: Terrence Malone, Malone, Jeff Bernstein, Bernstein, Jason Goldberg, Goldberg, Adrienne Yih, Bunge, Ben Theurer, —, Michael Bloom Organizations: Barclays, Darden, Olive Garden, LongHorn, Fifth, Bancorp, Old Navy, Banana, Analysts, Bunge Locations: Olive, Banana Republic

☆ Rolls-Royce shares jump 8% after 2023 profits more than double
▼ + stars: | 2024-02-22 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

LONDON — Rolls-Royce shares jumped more than 8% on Thursday after the British aerospace group more than doubled its annual profits in 2023 and forecast further momentum this year. Rolls-Royce, which manufactures jet engines for commercial aircraft along with power systems for ships and submarines, posted an underlying operating profit of £1.6 billion ($2 billion) in 2023, compared to £652 million in 2022. The group also reported a record free cash flow of £1.3 billion, driven by strong operating profit and continued growth of its long-term service agreement (LTSA) book. Rolls-Royce was the top performer in Britain's FTSE 100 in 2023, soaring over 200% on the back of a profit forecast upgrade and the announcement in November that profits could quadruple by 2027. "Our strong delivery in 2023 gives us confidence in our 2024 guidance and is a significant step towards our mid-term targets," Erginbilgic added.

Persons: Tufan Erginbilgic, Royce, Erginbilgic, Cheviot Organizations: Airbus, Universal Sky, LONDON, Royce, Power Systems, Defence Locations: Barcelona, Spain, British, Britain's

☆ Ukraine's military is shifting to a defensive strategy that failed Nazi Germany in WWII
▼ + stars: | 2024-02-17 | by ( Michael Peck | ) www.businessinsider.com time to read: +10 min

Ukraine's military has chosen a defensive strategy that echoes the German approach from WWII. AdvertisementAnswering that question first requires defining “active defense,” one of those broad military terms that mean different things to different people. Active defense is meant to be waged by large units, while Ukraine appears to conducting small-unit operations. “Active defense was understood to be generally applicable to divisions, corps and field armies,” Nash said. Even a limited ‘active defense’ needs all of these elements, too.”Last summer, Ukraine’s frontal assault with vehicles hit mines and were menaced by missiles fired from Russian helicopters.

Persons: today’s, Douglas Nash, ” Nash, “, –, Erich von Manstein, von Manstein, von Manstein’s, “ Von Manstein, Ukraine —, Russia —, Diego Herrera Carcedo, Erich Von Manstein, it’s, Von Manstein, Hitler, inflexibly, von Organizations: Third Reich, Red Army, US, US Army, Western Allies, Wehrmacht, Keystone, Getty, German, Reuters, AK, Russo, NATO, West, NATO —, Soviets Locations: Nazi Germany, Ukraine, Russia, today’s Ukraine, Berlin, Stalingrad, Germany, Italy, France, Kharkov, Ukrainian, Donetsk Oblast, Avdiivka, Ukraine’s, It’s, Russian, Warsaw, Western Europe, West Germany

☆ Hillary Clinton and Sheryl Sandberg decry sexual violence as a war tactic
▼ + stars: | 2024-02-09 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +5 min

New York CNN —Hillary Clinton, Sheryl Sandberg and a coalition of scholars, government officials and legal experts discussed Friday how to prevent sexual violence as a weapon of war. Israeli authorities have accused Hamas militants of committing widespread, systemic sexual violence as part of their attack. Despite mounting evidence from Israeli investigators and eyewitness sources, Hamas has repeatedly denied allegations that its fighters committed sexual violence during the attack. Matviichuk said sexual violence during the war in Ukraine is violence that “is directed to the whole Ukrainian society.”“The survivors of sexual violence feel shame because it happens with them,” Matviichuk said. “It is about understanding deeply, the very real ways that women and girls are impacted differently by global challenges including this challenge of conflict-related sexual violence,” Clinton said.

Persons: Hillary Clinton, Sheryl Sandberg, ” Clinton, Clinton, Obama, Sandberg, ” Sandberg, Jeffrey Gettleman, Hala, Oleksandra Matviichuk, Columbia School of International and Public Affairs Sandberg, Matviichuk, ”, ” Matviichuk, “, Linda Thomas, Greenfield, Columbia School of International and Public Affairs Clinton’s, Columbia University –, ” Linda Thomas, we’re, ” Thomas Organizations: New, New York CNN, Columbia University’s Institute of Global Politics, Georgetown Institute for Women, Security, State, Facebook, Lean, UN, Columbia University, Global, New York Times, Strategic Initiative, Women, Center for Civil Liberties, Columbia School of International and Public Affairs, Columbia Locations: New York, Sudan, Darfur, Ukraine, Israel, Africa, Horn of Africa, Palestine

☆ Thursday analyst calls: Disney draws praise for earnings, AmEx gets downgrade
▼ + stars: | 2024-02-08 | by ( Brian Evans | ) www.cnbc.com time to read: +6 min

Morgan Stanley's $47 per share price target on Ally Financial implies nearly 32% upside from Wednesday's $35.68 close. The analyst reiterated an overweight rating on Disney stock alongside a $110 per share price target, or about 11% upside moving forward. Feldman his buy rating on Disney and a $120 per share price target, implying more than 21% ahead. Bank of America also reiterated a buy rating on Disney stock, and stood by its $110 per share price target. Shares have outperformed peers thanks to a strong revenue and earnings per share outlook in the company's fourth-quarter earnings report.

Persons: Morgan Stanley, Morgan Stanley's, Jeffrey Adelson, Michael Rhodes, Adelson, — Brian Evans, Goldman Sachs, Eric Sheridan, Brian Evans, Disney's, Disney, Benjamin Swinburne, Brett Feldman, Feldman, Jessica Reif Ehrlich Organizations: CNBC, American, Ally, Discover Financial, Wall, Disney, Epic, Bank of America, American Express Locations: Roblox

☆ Webb telescope spies millions of stars in stunning spiral galaxies
▼ + stars: | 2024-02-01 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

CNN —The James Webb Space Telescope has captured scintillating portraits of 19 spiral galaxies — and the millions of stars that call them home — in unprecedented detail never seen before by astronomers. Astronomers believe that about 60% of all galaxies are spiral galaxies — and our solar system resides in one of the spiral arms of the Milky Way galaxy. Webb’s observations can help astronomers better understand star formation and the evolution of spiral galaxies like our own. The James Webb Space Telescope captured images of 19 spiral galaxies in near- and mid-infrared light. The images will be used to help astronomers determine the distribution of gas and dust in spiral galaxies, as well as how galaxies both nurture and cease the formation of stars.

Persons: James Webb, Janice Lee, Thomas Williams, ”, Webb’s, cocooned, Erik Rosolowsky, Webb, Rosolowsky, ” Webb, Adam Leroy, Eva Schinnerer, Max Planck, Leroy, ” Leroy Organizations: CNN, Telescope, James Webb Space, NASA, ESA, CSA, STScI, Hubble, Telescope Science, University of Alberta, Ohio State University, Max, Max Planck Institute, Astronomy Locations: Oxford, Chile, Baltimore, Edmonton, Columbus, Heidelberg, Germany

☆ Russia says its scientists created a new nuclear blast simulator with flash and mushroom cloud effects to train soldiers
▼ + stars: | 2024-01-26 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

Russian nuclear missile rolls along Red Square during the military parade marking the 75th anniversary of Nazi defeat, on June 24, 2020 in Moscow, Russia. Photo by Mikhail Svetlov/Getty ImagesMoscow has the largest arsenal of nuclear weapons in the world, with nearly 5,900 warheads, according to a tally by the International Campaign to Abolish Nuclear Weapons. Tactical nuclear weapons have arisen as a point of debate and discussion during the fighting in Ukraine. Several weeks later, a Kremlin spokesperson said Moscow would use nuclear weapons if it felt like it faced an existential threat. At the time, the top United Nations official warned that nuclear war was back "within the realm of possibility."

Persons: —, Mikhail Svetlov, John Plumb, Tsar, TATYANA MAKEYEVA, Vladimir Putin, NSNW, Putin, Jens Stoltenberg, that's Organizations: Service, Business, Khrulev Military Academy of Logistics, Getty, International, Nuclear, Pentagon, Defense, Space, International Institute for Strategic Studies, Russia Strategic Initiative, US European Command, Tactical, NATO, Kremlin, United Nations Locations: Russian, Moscow, Russia, United States, Soviet, AFP, Ukraine, Belarus

A view shows signage on a branch of Barclays Bank in London, Britain, March 17, 2023. REUTERS/Peter Nicholls/File Photo Acquire Licensing RightsDec 4 (Reuters) - Qatar Holding is looking to sell around 510 million pounds ($643.72 million) of shares in Barclays (BARC.L), one of the banks acting on the deal said on Monday, cutting back on its crisis-era investment in the British bank. The deal is set to price at 141 pence per share, or a discount of about 1.4% to Barclays' closing share price on Monday. The share sale comes as Barclays is striving to revive its share price, which has halved since Qatar first invested in 2008. Qatar has previously cashed in on warrants acquired through the capital injection.

Persons: Peter Nicholls, Pablo Mayo, Juby Babu, Anil D'Silva, Jane Merriman, Josie Kao Organizations: Barclays Bank, REUTERS, Barclays, Qatar, Venkatakrishnan, Reuters, Pablo Mayo Cerqueiro, Thomson Locations: London, Britain, Qatar, British, Germany, Bengaluru

She replaces Mafalda Duarte, who left in July 2023 to lead the Green Climate Fund. Luis Tineo, interim CEO, will lead CIF until March, 2024. "Developing countries are at the forefront of the climate crisis, and we will only meet this decisive moment by working together to scale climate finance where it is needed most," Gbadegesin said in a statement. Among the largest multi-lateral climate funds in the world, CIF offers projects highly concessional capital that can leverage development bank and private sector money to fund low carbon, climate-resilient development. As well as the World Bank Group, including the International Finance Corp, CIF invests through the African Development Bank, the Asian Development Bank, the European Development Bank, and the Inter-American Development Bank.

Persons: Mafalda Duarte WASHINGTON, Tariye Gbadegesin, Gbadegesin, Mafalda Duarte, Luis Tineo, ”, Bob Natifu, Edward Webber, Simon Jessop, Valerie Volcovici, David Gregorio Our Organizations: Global, Investment Funds, World Bank, ARM Harith Infrastructure Investments, Climate Fund, Initiative, International Monetary Fund, Boston Consulting, Africa Finance Corp, Trust Fund Committee, International Finance Corp, African Development Bank, Asian Development Bank, European Development Bank, Inter, American Development Bank, Thomson Locations: South Africa, Indonesia

The documentary, which will air this Sunday on “The Whole Story with Anderson Cooper,” exposes an RSF-led campaign to enslave men and women in El Geneina, the largest city controlled by the paramilitary group in Sudan’s Darfur region. Several former Darfuri abductees told CNN that fighters from the RSF and their Arab militia allies hurled racist abuse at them during their captivity. ‘They flogged us with whips’Another woman told CNN she and the female members of her family were raped in captivity for four days. Mohamed Nureldin Abdallah/ReutersCNN also found evidence of the enslavement of males as part of the attack on El Geneina. They felt his biceps because they said they “wanted a strong one,” he told CNN.

Persons: Chad CNN — Mahdi, “, ” Mahdi, “ I’d crouch, –, Anderson Cooper, ”, Zohra Bensemra, El Geneina, Wagner —, Khalid, Alex Platt, —, Mahdi, abductees, Raghm, ’ ”, ’, General Mohamed Hamdan Dagalo, Mohamed Nureldin Abdallah, Wagner Organizations: Chad CNN, CNN, Rapid Support Forces, Red Cross, Reuters, Chadian, El, Industrial School, Strategic Initiative, Women, Unit, CNN Rights, Darfur —, Human Rights, Reuters CNN Locations: Chad, West Darfur, El, El Geneina, Darfur, Sudan's Darfur, Ourang, Adre, Russian, Sudan —, Sudan, Horn of Africa, Khartoum, “

☆ What to watch for when Disney reports after the close on Wednesday
▼ + stars: | 2023-11-08 | by ( Jeff Marks | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. Club holding Walt Disney (DIS) reports quarterly results after the closing bell Wednesday. Citi on Wednesday said it expects Club holding TJX Companies (TJX) to deliver a third-quarter beat and guidance raise when it reports on Nov. 15, citing continued momentum at its HomeGoods department store. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Nelson Peltz, TJX, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Club, Microsoft, Treasury, West Texas, Walt Disney, Disney, Hulu, ESPN, Citi, TJX Companies, Jim Cramer's Charitable

☆ Disney's strides to restore profitable growth are why we stick around in the stock
▼ + stars: | 2023-11-08 | by ( Jeff Marks | ) www.cnbc.com time to read: +9 min

However, we did not learn much in the way of strategic partnerships for ESPN and its TV business. That's a significant improvement from the nearly $5 billion it generated in fiscal 2023 and $6.7 billion analysts expected for 2024. DTC, housed in the Entertainment segment, saw quarterly narrow to $420 million from $1.4 billion in fiscal 2022 Q4. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Bob Iger's, Nelson Peltz, Disney, That's, Hotstar, it's, Iger, Hugh Johnston, Johnston, Jim Cramer's, Jim Cramer, Jim, Walt, Joe Raedle Organizations: Disney, Revenue, LSEG, Sports, ESPN, Entertainment, Hulu, CNBC, Comcast, Disney Cruise, Disney Vacation, Disneyland, PepsiCo, Walt Disney, Getty Locations: Hulu, Orlando , Florida

☆ Activist Impactive sees an opportunity to build value with an ESG tilt at Concentrix
▼ + stars: | 2023-10-28 | by ( Kenneth Squire | ) www.cnbc.com time to read: +6 min

Business: Concentrix provides technology-infused customer experience (CX) solutions and runs customer service for 2,000 customers globally. They are the second largest outsourced CX company globally and provide CX process optimization, technology innovation, front- and back-office automation, analytics and business transformation services. Activist Commentary: Impactive Capital is an activist hedge fund founded in 2018 by Lauren Taylor Wolfe and Christian Alejandro Asmar. Impactive Capital is an active ESG (AESG) investor that launched with a $250 million investment from CalSTRS and now has almost $3 billion. Concentrix, the second-largest outsourced CX company globally, is a high-quality business.

Persons: Lauren Taylor Wolfe, Christian Alejandro Asmar, Wolfe, Asmar, Impactive, Concentrix, Ken Squire Organizations: CX, Impactive, Concentrix, 13D Locations: Impactive, CalSTRS, Asia, Caribbean, United States

☆ ChatGPT-owner OpenAI is exploring making its own AI chips
▼ + stars: | 2023-10-06 | by ( ) www.cnbc.com time to read: +4 min

However, since at least last year it discussed various options to solve the shortage of expensive AI chips that OpenAI relies on, according to people familiar with the matter. Meta 's custom chip effort has been beset with issues, leading the company to scrap some of its AI chips, according to a Reuters report. OpenAI's main backer, Microsoft, is also developing a custom AI chip that OpenAI is testing, The Information has reported. Demand for specialized AI chips has soared since the launch of ChatGPT last year. Nvidia is one of the few chipmakers that produces useful AI chips and dominates the market.

Persons: Sam Altman, Altman, OpenAI, Bernstein, Stacy Rasgon, Meta Organizations: Reuters, Nvidia, OpenAI, Microsoft, Amazon.com, Annapurna Labs, Devices

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