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Goldman Sachs hiked its price target on Nvidia, calling for nearly 20% more gains ahead. The firm upgraded shares of Target to buy from neutral, and reiterated its $180 per share price target. The firm upgraded the clothing retailer to buy from neutral and increased its target price to $28 per share from $21. — Brian Evans 5:45 a.m.: Goldman Sachs raises Nvidia price target on still strong AI demand Goldman Sachs sees enough demand for artificial intelligence to drive sky high Nvidia even higher. The firm reiterated a buy rating on the chipmaker and raised its 12-month price target on the chipmaker to $1,100 from $1,000.
Persons: Goldman Sachs, TGT, Paul Lejuez, — Brian Evans, Wall, Brian Evans, Stephanie Yee, Toshiya Hari, Myles Allsop, Allsop, Fred Imbert Organizations: CNBC, Nvidia, UBS, Vale, Citi, Target, JPMorgan, UL Solutions, UL Locations: Monday's, North America, U.S, stoke, RIO
Goldman Sachs reiterates Nvidia as buy Goldman said it sees a "favorable" risk/reward for shares of Nvidia. Goldman Sachs reiterates ServiceNow as buy Goldman said it's standing by its buy rating on the stock following its financial analyst day. Bank of America reiterates Palantir as buy Bank of America said it's sticking with its buy rating after the company released earnings on Monday. Wells Fargo reiterates Goldman Sachs as overweight Wells increased its price target on Goldman to $504 per share from $450. price target."
Persons: TGT, Goldman Sachs, Goldman, ServiceNow, Wells, Palantir, Wolfe, TD Cowen, Ares, Cowen Organizations: Citi, Target, Nvidia, UBS, Vale, Bank of America, Apple, UL, tailwinds, Artificial Intelligence, Nike, Cameco, Nike Inc, Barclays, CVS Locations: Las Vegas
The Viking Holdings Ltd. IPO, which starts trading today on the New York Stock Exchange, will be the biggest IPO of 2024 so far. Viking is only the biggest in a month of standouts. Eighteen IPOs raised a combined $5.3 billion in April, according to Renaissance Capital, the busiest month for IPOs since November 2021. The stock market had a miserable April, with the S & P 500 down 4% and, unsurprisingly, many recent IPOs were down. All of the larger, most recent IPOs remain above their initial offering price.
Persons: Del Organizations: Viking Holdings, New York Stock Exchange, Renaissance Capital, IPOs, Viking, Holdings, Epic Locations: Bermuda, Del Monte
Last night data security firm Rubrik priced 23.5 million shares at $32, above the price talk of 23 million shares at $28-$31, raising $752 million. Rubrik is the first tech unicorn IPO since last fall. Marex Group, a UK-based financial services company known for its global clearing business, priced 15.4 million shares at $19, the midpoint of the price talk of $18-$21, raising $292 million. Loar Holdings, which makes aerospace and defense components, priced 11 million shares at $28, above the range of $24-$26, raising $308 million. All eyes on Rubrik Rubrik is an important test of the tech IPO market.
Persons: Matt Kennedy, Rubrik, Kennedy, Ingram, Del Organizations: Marex, Nasdaq, Loar Holdings, New York Stock Exchange, Viking Holdings, Arm Holdings, Renaissance Capital, UL, Astera Labs, Forge, Companies, Ingram Micro, Epic Locations: Del Monte
As River Weir has grown, Bill has been collecting stories of hope, resilience and Earth repair to share with him. “I became really frustrated by the lack of transparency,” Charlie told me. And at an expo in 2006, the fate of the titis turned for the better when the Vargas family walked in. But when she needed $1.2 million to buy nearly 1,000 acres of neighboring ranchland, Chris needed to find more helpers. “It may take a day to cut a hectare of forest,” she told me as we hiked past her plantings and into a meticulous greenhouse.
Persons: Bill Weir’s, Mister Rogers, Weir, Bill, Bill Weir, ” Rosamira Guillen, , Rosamira Guillen, Julian Quinones, titi, Rosamira, Charlie Knowles, Richard Nixon’s, Charlie, Laurie Marker, “ I’m, , Akiko Yamazaki, John Lukas – Charlie, WCN, Rosamina, ” Julian Quinones, Jane Goodall, Vargas, Kira, Chris Vargas, , Steve Jobs, ” Chris, Chris, CNN Bill, Olivia Organizations: CNN, Wildlife Conservation Network, expos Locations: . Dear, South America, Colombia, Barranquilla, American, Namibia, Silicon Valley, ranchland
For proof that the market for initial public offerings continues to open up despite the downdraft in the market, just look at this week. This spring reopening, however, is threatened by the specter of higher interest rates. Why higher interest rates hurt IPOs The major headwind: higher for longer interest rates. technology) are more sensitive to a change in interest rates, because their cash flow projections are further out. Still, most admit higher rates make it more difficult to get investors excited about IPOs.
Persons: Ibotta, Rubrik, Matt Kennedy, IPOs, That's, Kennedy, Santosh Rao Organizations: Centuri Holdings, Southwest Gas Holdings, UL Solutions, Group, Renaissance Capital, Loar Holdings, Manhattan Venture Partners
Two months ago, I wrote a story entitled, "The IPO market is looking very shaky and facing challenges galore." Two months later, the IPO market is still shaky, but there are definite signs of improvement. Second, three $100 million IPOs have filed to go public in the past week, including Viking (the cruise line operator) and Rubrik, a data management platform. Greg Martin at Rainmaker Securities told me that the recent performance of Reddit and Astera Labs, "Were nice shots in the arm for the IPO market. Even with markets at new highs, the specter of interest rates creeping up is still hanging over the IPO market.
Persons: Matt Kennedy, Reddit, Greg Martin, Ibotta, Ingram, Del, Viking, Howe Ng, I'm, Martin, Rainmaker, Santosh Rao Organizations: IPOs, Viking, Renaissance Capital, Astera Labs, Rainmaker Securities, NYSE, UL Solutions, Underwriters Laboratories, Nursing, Centuri Holdings, Labs, Companies, Ingram Micro, Epic, Manhattan Venture Partners Locations: IPOs, Del Monte
The U.K. competition regulator on Thursday referred the proposed merger between Vodafone and CK Hutchison's Three mobile network to an in-depth investigation. The CMA has given itself a deadline of Sept. 18 to complete the in-depth probe, also known as a phase 2 investigation. The CMA has previously said the deal could lead to customers facing higher prices and reduced quality, a lessening of competition in the U.K. mobile market. Announced last year, Vodafone and CK Hutchison's transaction would merge the two brands' U.K. businesses, giving Vodafone a 51% controlling stake and leaving CK Hutchison with the minority interest. Vodafone and Three reiterated that "there will be no change to each operator's pricing strategy as a result of the merger."
Persons: Margherita Della Valle, CK Hutchison Organizations: Vodafone, CK, Markets Authority, CMA, Regulators, CK Hutchison Locations: London, British, United Kingdom
Rosalynn Carter was a paragon of strength and resilience in a marriage that was in all ways a true partnership. Her death was announced by the Carter Center on Sunday, which said she had passed away with loved ones at her bedside. It was different however, when she visited her neighbor’s house and saw a photo of Jimmy Carter on the bedroom wall. Former President Jimmy Carter kisses former first lady Rosalynn Carter after they received the Presidential Medal of Freedom from President Bill Clinton in 1999. In Jimmy Carter’s post-presidency, the Carters have championed democracy and political stability, traveling to hot spots including Cuba, Sudan and North Korea.
Persons: Kate Andersen Brower, , , Obama, Biden, Jill Biden, Jimmy, Rosalynn Carter, , Jimmy —, Kate Andersen Brower katebrower.com, Carter, Rosalynn, “ Rosalynn, ” Carter, Jimmy Carter, Ruth — Carter’s, ” Carter’s, Walter Mondale, Gerald Rafshoon, Bill Clinton, Tami Chappell, Reuters “, Hamilton Jordan, we’d, ” Rafshoon, Jordan, Ronald Reagan, Erin Schaff, Jill Stuckey, that’s, ” Rosalynn, Jimmy ”, Jimmy Carter’s, They’ve, ” Stuckey Organizations: , Bloomberg News, CNN, CNN —, paragon, Carter, Atlanta, Carter Center, Methodist, Democratic, Peanut Brigade, White, Reuters, Republican, New York Times, The New York Times, Maranatha Baptist Church, Los Angeles Times, Ethiopian, Eritrean Locations: Plains , Georgia, Georgia, Tijuana , Mexico, Plains , Ga, Atlanta, Cuba, Sudan, North Korea, Africa, Asia
Why EV charging is still such a pain
  + stars: | 2023-11-04 | by ( Peter Valdes-Dapena | ) edition.cnn.com   time to read: +8 min
Power show that, despite more and more EV chargers being available, EV owners are actually getting less satisfied with public charging. When it comes to consumer satisfaction, EV charging is in some very poor corporate company. Away from home, charging your EV costs more than charging at home, sometimes twice as much. A ChargePoint electric vehicle (EV) charging station at the Lafontaine Kia dealership in Detroit, Michigan, US, on Thursday, July 13, 2023. Justin Sullivan/Getty Images“Safety is paramount,” said Rick Wilmer, chief operating officer of EV charging provider ChargePoint.
Persons: it’s, “ They’re, , Brent Gruber, Gruber, Bing Guan, There’s, Lafontaine, Matthew Hatcher, Nathan Wang, Wang, Justin Sullivan, Rick Wilmer, Wilmer, What’s, it’s Shell, don’t, Mark Hawkinson Organizations: New, New York CNN, J.D, EV, Department of Energy, CCS, Volvo, Bloomberg, Getty, Lafontaine Kia, UL, Vehicles, Bolt, BP, Exxon Locations: New York, ., United States, California, States, Mississippi, Montana, Detroit , Michigan, Corte Madera , California
Pope Appeals for an End to the Conflict in Nagorno-Karabakh
  + stars: | 2023-09-20 | by ( Sept. | At A.M. | ) www.usnews.com   time to read: 1 min
ROME (Reuters) - Pope Francis on Wednesday called for an end to the conflict in Nagorno-Karabakh, an ethnic Armenian breakaway region in Azerbaijan that has come under attack by Azeri forces over the last 24 hours. "I once again appeal to all the parties involved and to the international community to silence their weapons and make every effort to find peaceful solutions," Francis said during his weekly audience in St Peter's Square.
Persons: Pope Francis, Francis Locations: ROME, Nagorno, Karabakh, Azerbaijan, St Peter's
SACRAMENTO, Calif. (AP) — Sacramento’s top prosecutor is suing the city’s leaders over failure to cleanup homeless encampments, escalating a monthslong dispute with leaders in California’s capital city. A group of residents and business owners also filed a companion lawsuit against the city. The lawsuit includes accounts from dozens of city residents living around 14 encampments. Roughly three-quarters of the county’s homeless population is unsheltered, and the majority of that group are living on Sacramento streets. City Attorney Susana Alcala Wood's office has also repeatedly urged Ho to work with the city to address the issue, she said.
Persons: , Attorney Thien Ho, Ho, ” Ho, Darrell Steinberg, Steinberg, ” Steinberg, , Susana Alcala Wood's, Alcala Wood, he’s, Emily Webb, “ We're, , ” Critics Organizations: Attorney, Sacramento County, Sacramento, City, Locations: SACRAMENTO, Calif, California’s, . County, Sacramento, California
Summary U.S. regulators are ready to review and license the next generation of nuclear reactors while staying committed to safety, the Nuclear Regulatory Commission (NRC) says. The NRC is under pressure to show it can move fast on a new generation of nuclear technology, including small modular reactors (SMRs) and other previously untested designs, as many in the industry call for deep reforms at the regulator. NuScale’s VOYGR 50-MW SMR power plant became the first SMR design certified by the NRC in January. Earlier this month, the NRC accepted NuScale's uprated VOYGR-6 plant design for a Standard Design Approval (SDA) application. “We are yielding timelier and more cost-effective reviews without compromising on safety,” Taylor says.
Persons: , Judi Greenwald, , Steven Arndt, NRC Robert Taylor, NuScale’s VOYGR, ” Taylor, “ We're, Taylor, Kairos, they're, it's, , bro, Allison Macfarlane, Macfarlane skewered, ” Macfarlane Organizations: Nuclear Regulatory Commission, NRC, Nuclear Innovation Alliance, Department of Energy, DOE, American Nuclear Society, New Reactors, ” Tech bros, Institute of Art, Thomson Locations: United States
The Fitch Ratings logo is seen at their offices at Canary Wharf financial district in London, Britain. It's not a growing jobs market, strong U.S. dollar or a resilient economy that will help the U.S. regain the top rating from Fitch. Fitch Ratings cut the United States' long-term foreign currency issuer default rating to AA+ from AAA on Tuesday, sending global stock markets down on Wednesday. "This is a steady deterioration we've seen in the key metrics for the United States for a number of years. That has hindered the U.S. government from coming up with meaningful solutions to deal with growing fiscal issues, particularly around entitlement programs such as Social Security and Medicare, he said.
Persons: It's, Richard Francis, Fitch's, Francis Organizations: Canary, U.S, Fitch, AAA, Democrats, Social Security Locations: London, Britain, United States, Americas
The market for e-bike delivery has grown dramatically in the past few years. Here's how startups, delivery companies, and city governments are improving safety. The explosion of delivery startups and e-bikes in the past few years has led to a new type of boom: increasing battery fires. "E-bike batteries are made up of a bunch of small batteries stacked together," Charlie Welch, ZapBatt's cofounder and CEO, said. JOCOOther startups, such as Popwheels, are engineering safe batteries that are compatible with the e-bikes delivery drivers already own.
Persons: , Uber, Ravindra Kempaiah, Michael Pecht, Brian O'Connor, O'Connor, Charlie Welch, ZapBatt's, Welch, Jonathan Cohen, Grubhub, Jonathan A, Cohen, David Hammer, Hammer, Baruch Herzfeld, they've, We've Organizations: Bloomberg, Zen Electronics, University of Maryland, Fire Protection Association, UL Solutions, US Consumer Product Safety Commission, UL Locations: New York City, New York, Halifax , Nova Scotia, China, Carlsbad , California, Brooklyn , New York
Three cases of malaria spread locally have been identified in Texas and Florida. But in Texas, the Department of State Health Services confirmed Friday that a person working outdoors in Cameron County, Texas, contracted malaria locally. According to the DSHS, although Texas sees about 120 malaria cases a year from international travelers, the last locally acquired case in Texas was detected in 1994. About 1,400 miles away in Sarasota County, Florida, however, two more cases of locally transmitted malaria infections have been identified this year — one in May and one in June. "And I think we should be funding more public health responses."
Persons: , Vox, Photini Sinnis, Johns, Sinnis, it's, mosquitos Organizations: Service, Department of State Health Services, Johns Hopkins Malaria Research Institute, WHO Locations: Texas, Florida, Southern, Cameron County , Texas, Sarasota County , Florida, States, United States, mosquitos
An electric vehicle replaces a combustion engine with an electric motor, and that's what Sublime Systems does in the cement-making process. So he moved to eastern Canada, where they don't have a lot of rabbis," Ellis told CNBC of her father's move. And I think we both sort of gravitate to things that are challenging," Ellis told CNBC. I think the best way we have to get around fossil fuels is to use electrons," Ellis told CNBC. There will be numerous approaches, all of which have challenges and most of which deserve to be tested," Chiang told CNBC.
Persons: Leah Ellis, Ming Chiang, Ellis, Chiang, Sublime, she's, haven't, It's, Leah Ellis Ellis, it's, Mark Mutter, Mutter, Clay Dumas, Dumas, Katie Rae, Rae, Timothy McCaffery, McCaffery, Scott Carmichael It's, I'm Organizations: Sublime Systems, Sublime, CNBC, Battery, Massachusetts Institute of Technology, Bloomberg, Getty, Jamcem Consulting, LowerCarbon, Siam Cement, SCG, American Society for Testing Locations: Texas, South Africa, Israel, Jerusalem, Canada, Houston , Texas, Europe, Boston, Africa
In this article PLTR Follow your favorite stocks CREATE FREE ACCOUNTThe Cleveland Clinic in Cleveland, Ohio, U.S., on Saturday, Nov. 14, 2020. The Cleveland Clinic was in the midst of trying new AI-powered software from Palantir . But by accurately predicting patient discharges, Palantir's system saved Pappas, her team and the emergency department a lot of time and effort. Palantir partnered with two health-care systems, Cleveland Clinic and Tampa General Hospital in Florida, during the summer of 2021 to develop software called Palantir for Hospital Operations. Zoom In Icon Arrows pointing outwards Schedule review within Palantir for Hospital Operations Palantir
Persons: Dustin Franz, Rita Pappas, Pappas, , Palantir, Shyam Sankar, Sankar, Alex Karp, Dr, Peggy Duggan, Drew Goldstein, Jeremy David, Palantir Drew Goldstein, Palantir's, I'm, David, Goldstein, whiteboards, Drew didn't, They've Organizations: Cleveland Clinic, Ohio Department of Health, Bloomberg, Getty Images Bloomberg, Getty, Cleveland, CNBC, Tampa General Hospital, Hospital Operations, U.S, Intelligence, Hospital Operations Palantir Nurses, American Medical Association . Companies, Tampa General, Cleveland Clinic's, Microsoft Locations: Cleveland , Ohio, U.S, Ohio, Tampa, Florida, Palantir, Florida and Ohio
London/Oakland, California CNN —First Citizens Bank is buying most of the business of Silicon Valley Bank, the US tech lender that failed earlier this month. Seventeen former branches of SVB will begin operating as “Silicon Valley Bank, a division of First Citizens Bank,” on Monday, First Citizens said. The FDIC said First Citizens was getting the $72 billion in SVB loans at a discount of $16.5 billion. “The FDIC estimates the cost of the failure of Silicon Valley Bank to its Deposit Insurance Fund to be approximately $20 billion. It had to be rescued a week ago by bigger rival UBS (UBS) in an emergency takeover orchestrated by the Swiss government.
After Russia invaded Ukraine, the West formed what looked like an overwhelming global coalition: 141 countries supported a United Nations measure demanding that Russia unconditionally withdraw. South Korea Indonesia Israel Thailand Japan Saudi Arabia Philippines Afghanistan CambodiaBy contrast, Russia seemed isolated. Eritrea “Russian actions are being distorted” North Korea Russia Belarus Syria Eritrea “Russian actions are being distorted” North Korea Russia Belarus SyriaBut the West never won over as much of the world as it initially seemed. But like many other African countries, South Africa appears careful to balance its growing ties with Russia against maintaining a relationship with the West. Others that provided Ukraine with military support have declined to impose economic sanctions on Russia.
[1/2] U.S. President Jimmy Carter announces new sanctions against Iran in retaliation for taking U.S. hostages, at the White House, Washington, D.C., U.S., April 7, 1980. Library of Congress/Marion S. Trikosko/Handout via REUTERSWASHINGTON, Feb 20 (Reuters) - Former U.S. President Jimmy Carter, 98, has decided to receive hospice care, the Carter Center said on Saturday. Here are several key events from the Georgia Democrat's time in office from 1977 to 1981. CAMP DAVID ACCORDSThe Camp David Accords were a series of agreements signed in 1978 between Israeli Prime Minister Menachem Begin and Egyptian President Anwar Sadat. The hostages were released minutes after Ronald Reagan was sworn into office to replace Carter in 1981.
Jimmy Carter, 98, to receive hospice care
  + stars: | 2023-02-18 | by ( ) www.reuters.com   time to read: +2 min
Feb 18 (Reuters) - Former U.S. President Jimmy Carter has decided to receive hospice care and "spend his remaining time at home with his family" instead of additional medical intervention, the Carter Center said on Saturday. Carter, 98, who has lived longer after leaving the White House than any former president in U.S. history, was a Democrat who served from January 1977 to January 1981. The Carter family asks for privacy during this time and is grateful for the concern shown by his many admirers," the center said in a statement. But Carter also played a central role in brokering the Camp David accords that led to the landmark Egypt-Israeli peace treaty. However, Carter rehabilitated his legacy as he worked energetically for decades on humanitarian causes.
Therma helps restaurants like McDonald's reduce food and energy waste via fridge management. A startup helping restaurants like McDonalds and Starbucks save money on food and energy waste has just raised $19 million in a Series A round. San Francisco-based Therma, which was founded in 2019, uses IoT devices to turn "dumb" fridges and freezers into smart devices where temperature management can be automated. The company's tech can also monitor for any issues that could lead to food waste, which could be as simple as someone leaving the door open for an extended period. Meanwhile food waste is responsible for 10%, per WWF.
BAGHDAD, Feb 6 (Reuters) - Iraq will discuss with Washington this week how to pay dues owed to Russian oil companies despite sanctions, Foreign Minister Fuad Hussein said on Monday. There are sanctions in place that should not be imposed on the Iraqi side because the cooperation with Russian companies is ongoing and there are active Russian companies in Iraq," Hussein said during a news conference with visiting Russian Foreign Minister Sergei Lavrov in Baghdad. Russian investments in Iraq are believed to be worth more than $10 billion, mostly in the oil industry. Huessin said that one of the main issues he and Lavrov talked about was how to pay bills owed to Russian energy companies such as Lukoil and Gazprom that do business in Iraq even though Russia is under international sanctions. Hussein stated during a joint press conference with Lavrov that Iraq is calling for peaceful solutions and encouraging dialogue between Russia and Ukraine to end the war.
Some teachers said they’ve also heard of students being required to film short videos that elaborate on their thought process. Public schools in New York City and Seattle, meanwhile, have already banned students and teachers from using ChatGPT on the district’s networks and devices. Reid, the professor at Coastal Carolina University, believes teachers should work with ChatGPT and teach best practices in the classroom. Reid said teachers could encourage students to plug an assignment question into the tool and have them compare that result to what they personally wrote. “Like with other new technologies, this could be a tool instructors use to help students express their ideas,” she said.
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