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Other VP contenders at the weekend meeting included Stefanik, Scott and North Dakota Gov. This may help to explain why some influential Trump donors are especially wary of Ohio Republican Sen. J.D. Rubio, Stefanik, Scott and Burgum have all privately been pitched to Trump as top prospects with close ties to top business leaders. Those ties could bolster Trump's fundraising operation if one of them is chosen as his running mate, according to people familiar with the matter. Burgum could even help to self-fund Trump's campaign, just as he did for his own Republican primary run for president.
Persons: Donald Trump, Brendan Mcdermid, Trump, Ike Perlmutter, Elise Stefanik, Rupert Murdoch, Glenn Youngkin, Billionaire, South Carolina Sen, Tim Scott, Scott, Larry Ellison, Perlmutter, Florida Republican Sen, Marco Rubio's, Rubio, Stefanik, Doug Burgum, Marc Short, Mike Pence, Ohio Republican Sen, J.D, Vance, Vivek Ramaswamy, It's, Vivek, Ramaswamy, it's, I'm, Joe Biden's, Burgum Organizations: Reuters, Marvel Entertainment, New York, Republican, Virginia Gov, Billionaire Trump, Oracle, Fox, CNBC, Florida Republican, Republican National Committee, North Dakota Gov, Mar, Trump, Ohio Republican, Ivy League, Commission Locations: Freeland , Michigan, U.S, South Carolina, Palm Beach, Fla, Scott, Ohio
Israeli warplanes pounded targets in the southern Gaza city of Rafah on Monday as the military told about 110,000 people sheltering there to evacuate. Many people began to leave, fearing that Israel was moving ahead with its long-planned invasion of Rafah, despite stiff international pressure. A military spokesman would not say when troops might enter the crowded city, but described the evacuation as part of Israel’s plans to dismantle Hamas and to free hostages taken on Oct. 7. Hours after the evacuation order, the political leader of Hamas, Ismail Haniyeh, issued a statement that the group had accepted a new cease-fire proposal from Qatar and Egypt, which have acted as intermediaries in peace talks. The group and Israeli officials said it was not referring to the proposal that Israel recently agreed to, leaving the conflict unresolved.
Persons: Israel, Benjamin Netanyahu’s, , Ismail Haniyeh Organizations: Hamas Locations: Gaza, Rafah, Qatar, Egypt, Israel
Prime Minister Benjamin Netanyahu of Israel on Sunday rejected international pressure to rein in its military campaign in Gaza and, speaking at a Holocaust memorial, asserted Israel’s right to fight its “genocidal enemies.”Nearly seven months into the war, Mr. Netanyahu has been steadfast in his goal of destroying Hamas. But Mr. Netanyahu has remained defiant. On Sunday, he spoke at Yad Vashem, Israel’s Holocaust memorial in Jerusalem, to mark the national Holocaust remembrance day. Hamas’s intention, Mr. Netanyahu said, was the same as that of the Nazis. In his speech, which lasted for about 15 minutes and was largely in Hebrew, Mr. Netanyahu rejected accusations that Israel was committing genocide in the Gaza Strip.
Persons: Benjamin Netanyahu, , Netanyahu, Netanyahu’s, , Israel Organizations: Israel, Sunday, Yad Vashem Locations: Gaza, Rafah, Jerusalem, Israel
“We were very close, but Netanyahu’s narrow-mindedness aborted an agreement,” Mousa Abu Marzouk, a senior Hamas official, said in a phone interview. The Israeli official said that Israel had sought a written response to its latest proposal from Hamas before dispatching a delegation, but that the group never conveyed one. Mr. Abu Marzouk was the only one of the officials who spoke about the talks to allow the use of his name. Hamas, Mr. Abu Marzouk said, thought that Mr. Netanyahu wanted an agreement that would permit Israel to invade Rafah after its hostages are released. A report in Al-Qahera News, an Egyptian state-owned television channel, said that a Hamas delegation would return to Cairo on Tuesday, but the senior Hamas official said that the group hadn’t made a decision yet.
Persons: Israel, Benjamin Netanyahu, Netanyahu, Mousa Abu Marzouk, Biden, won’t, , Abu Marzouk, Mr, Bill Burns, Mohammed bin Abdulrahman, Peter Baker, Michael Crowley Organizations: Hamas, Sunday, Central Intelligence Agency, Qatari, Qahera Locations: Gaza, Israel, Cairo, Rafah, Kerem, United States, Mohammed bin Abdulrahman Al Thani, Doha, Al
JPMorgan analyst Vivek Juneja upgraded the regional bank stock to an overweight rating from neutral, simultaneously lifting his price target to $39.50 from $37.50. — Lisa Kailai Han 6:27 a.m.: Deutsche Bank downgrades Starbucks after disappointing quarterly earnings Starbucks could feel some near-term pressure, according to Deutsche Bank. Analyst C. Stephen Tusa also raised his price target to $111 from $110, implying that shares of 3M could rally 15% from here. 3M stock has added nearly 6% so far in 2024, but the stock is still trading at an attractive valuation given the company's characteristics, Tusa said. Amongst the group, JPMorgan analyst Doug Anmuth has the highest price target of $240, which implies that Amazon stock could rally another 37% from here.
Persons: Vivek Juneja, Juneja, — Lisa Kailai Han, Samik Chatterjee, Chatterjee, Lauren Silberman, Silberman, Lisa Kailai Han, Stephen Tusa, Tusa, 3M's, Morgan Stanley, Doug Anmuth, Anmuth, — Lisa Kailai Han — CNBC's Michael Bloom Organizations: CNBC, JPMorgan, Starbucks, Deutsche Bank, Fifth, Bancorp, Logitech, 3M, Barclays, Bank of America, Amazon, Services, Wall Street, Locations: China
By Saturday, the heat had significantly eased and the forecast was for more moderate temperatures in coming days. Mr. Fayyad was displaced with his wife and only daughter from Khan Younis, where they lived and owned a pharmacy. Nearly two million Palestinians in Gaza were forced to flee their homes under Israeli bombardment and military evacuation orders. Parents across the Gaza Strip are relying on water to keep their children cool when it is already not easy to get. He added: “The tent, the heat wave, and the horror of this war are all a nightmare.
Persons: , Mohammed Fayyad, Fayyad, Julia, Mr, Khan Younis, Mohammed Abu Hatab, , Abu Hatab Locations: Gaza, Al
Some members of Trump's team want to restructure the Federal Reserve, the WSJ reported. That could include allowing the president to have a direct say on interest rate decisions. Trump has previously been critical of Powell's handling of interest rates during the pandemic. To help the Fed achieve its 2% inflation target, the Federal Open Market Committee has hiked interest rates 11 consecutive times since March 2022. Advertisement"I think he's going to do something to probably help the Democrats, I think, if he lowers interest rates," Trump said, adding that "it looks to me like he's trying to lower interest rates for the sake of maybe getting people elected."
Persons: Jerome Powell, , Donald Trump, Trump, President Trump, Susie Wiles, Chris LaCivita, Powell, Ron DeSantis, Nikki Haley, Vivek Ramaswamy, Joe Biden, Robert F, Kennedy Jr, Biden Organizations: Federal Reserve, Service, Street, Trump, Management, Federal, Fed, Fox News, Republican, Florida Gov, South Carolina Gov, Biden, GOP Locations: New York
Kristi Noem defended actions described in her upcoming book in which she killed a dog and goat on her family farm. According to an excerpt, which was obtained by The Guardian, Noem killed her dog Cricket because the dog was “untrainable,” “dangerous to anyone she came in contact with” and “less than worthless … as a hunting dog.”“I hated that dog,” Noem writes, according to the Guardian. “It was not a pleasant job,” Noem writes, according to The Guardian, “but it had to be done. Noem describes the goat as “nasty and mean” and having a “disgusting, musky, rancid” smell. Amid the speculation over her potential as Trump’s vice president continues, Noem would not say whether she would have certified the 2020 election if she were in the same position as former Vice President Mike Pence.
Persons: Kristi Noem, Noem, ” “, ” Noem, , preorder, Trump, CNN’s Dana Bash, Mike Pence, Vivek Ramaswamy, , Donald J, CNN’s Shania Shelton Organizations: CNN, South Dakota Gov, The Guardian, Cricket, Guardian, Trump, Conservative Political, Conference, South, Republican Locations: New York, South Dakota
Solar panels stand at the Welspun Energy solar power plant in Neemuch, Madhya Pradesh, India. One sector in particular — electrical power transmission — will see $270 billion in financial benefits, according to Goldman Sachs. While utilities like the Power Grid Corporation of India may be perceived as unsexy, compared to growth stocks like Tesla, India plans to promote renewable energy without the taxpayer spending a single rupee. The country has added about 70 gigawatts of solar power capacity over the past decade without piling on further costs by simply maximizing the grid's usage. Currently, state governments in India levy surcharges and taxes on every unit of carbon-intensive energy transmitted through the grid.
Persons: Vivek Prakash, Elon Musk, Narendra Modi, Goldman Sachs, It's, Vinay Dwivedi, India Anna Dravida, Vinay, Modi, Mohamed Muizzu's, Jamie Dimon, Modi's Organizations: Bloomberg, Getty, U.S, Power Grid Corporation of India, Goldman, Companies, Reliance Industries, Adani Enterprises, Tamil Nadu —, Dravida Munnetra Kazhagam, India Anna Dravida Munnetra Kazhagam, CNBC, Modi's Bharatiya Janata Party, Vodafone Idea, Vodafone, West, Economic, of New, JPMorgan, CNBC Pro, we'll Locations: Neemuch, Madhya Pradesh, India, Tamil Nadu, Dravida, New Delhi, Maldives, China, Beijing, West Indies, Pakistan, U.S, of New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe EV market has become a 'red ocean' because of low barriers to entry, says Frost & SullivanVivek Vaidya, associate partner at Frost & Sullivan, says demand is still "dependent on the incentives and the subsidies that are given by the government," and "genuine demand … hasn't really taken off in most of the countries."
Persons: Frost, Sullivan Vivek Vaidya, Frost & Sullivan Organizations: Frost &
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Volatility is par for the course' for semiconductor stocks in Q2, says BofA's Vivek AryaVivek Arya, senior semiconductor analyst at BofA Securities, joins 'The Exchange' to discuss this week's semiconductor sell-off, quarterly trends for the semi stocks, and more.
Persons: BofA's Vivek Arya Vivek Arya Organizations: BofA Securities
Image Palestinians in front of closed shops on Sunday during a strike in Hebron, in the Israeli-occupied West Bank. Sunday’s strike “paralyzed all aspects of life” in the West Bank, according to the official Palestinian news agency, Wafa, with shops, schools, universities and banks shuttered. And violence in the West Bank has sharply escalated in recent months. Deadly violence against Palestinians by Israeli settlers in the West Bank has also reached record levels since Oct. 7. Later on Sunday morning, an Israeli man was slightly injured in an explosion in the West Bank, according to the Israeli emergency services.
Persons: Mussa Qawasma, , Nur Shams, Fatah Organizations: West Bank . Credit, West Bank, Sunday, West Bank —, Palestinian Ministry of Health, Palestinian Health Ministry, Palestinian, Palestinian Ministry, Palestinian Authority, United Locations: Hebron, Israel, Gaza, Nur, United States
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia: Here's why Bank of America maintains a 'buy' rating on the stockVivek Arya, Bank of America Securities analyst, joins 'Squawk on the Street' to discuss Nvidia's entrance into correction territory, whether competition threatens Nvidia, and more.
Persons: Vivek Arya Organizations: Nvidia, Bank of America, Bank of America Securities
There is no loneliness epidemic
  + stars: | 2024-04-07 | by ( Eliza Relman | ) www.businessinsider.com   time to read: +17 min
With the report, a steady trickle of headlines about the epidemic turned into a firehose: "Loneliness is at epidemic levels and it's killing Americans" (USA Today); "This Epidemic of Isolation Is as Harmful as Smoking" (Bloomberg); "America's Loneliness Epidemic Comes for the Restaurant" (The Atlantic). There's one problem: The loneliness epidemic doesn't exist. Even the authors caution in their meta-analysis that "the frequently used term 'loneliness epidemic' seems exaggerated." Calling it a "loneliness epidemic," then, may be a bit like calling COVID a "sneezing pandemic." "There are many, many surveys that are just making up questions about loneliness and are not using the UCLA Loneliness Scale or some other validated loneliness scale," she says.
Persons: Vivek Murthy, Murthy, Hillary Clinton, Donald Trump, Sen, Chris Murphy, Ruth, University of Michigan —, Eric Klinenberg, Julianne Holt, it's, Dave Sbarra, Holt, David Riesman, Lunstad, I've, , Sbarra, Klinenberg, Adam Mastroianni, " Mastroianni, Mastroianni, Biden, isn't, Jill Lepore, voicemails, There's, Jerome Adams Organizations: Bloomberg, Business, York, Gallup, University of Michigan, New York University, Brigham Young University, University of Arizona, Bell, University of California Los, Commerce, UCLA, Republican, Democratic Locations: Connecticut, Brooklyn, University of California Los Angeles, America, Washington, DC, COVID
Donald Trump's campaign said it raised $50.5 million on Saturday, a staggering reported haul as his campaign works to catch up to the fundraising juggernaut of President Joe Biden and the Democratic Party. Trump and the GOP announced earlier in the week that they raised more than $65.6 million in March and closed out the month with $93.1 million. Biden and the Democrats announced Saturday that they took in more than $90 million last month and had $192 million-plus on hand. Campaign fundraising reports filed with the Federal Election Commission detailing donations from Saturday's event are not expected until a mid-July filing date. But when checks of any amount are written to the combined campaign, the campaign and Save America get paid first by default.
Persons: Donald Trump, John Paulson, Melania Trump, , that's what's, Trump, Biden, Chris LaCivita, Susie Wiles, Bill Clinton, Barack Obama, Donald Trump's, Joe Biden, Jaime Harrison, Lara Trump, Robert Bigelow, Ron DeSantis, John Catsimatidis, Linda McMahon, Steve Wynn, Georgia Sen, Kelly Loeffler, South Carolina Sen, Tim Scott, Doug Burgum, Vivek Ramaswamy —, Nelson Mandela, South Africa's, Jasmine Harris, Jesus Christ, that's Donald Trump Organizations: America, Trump, Republican, Radio City Music Hall, Democratic Party, GOP, Mar, Democratic, Federal, Commission, Republican National Committee, Save, RNC, Save America, Florida Gov, World Wrestling Entertainment, Small Business Administration, South, Tim Scott , North Dakota Gov Locations: Palm Beach , Florida, Beach , Florida, New York, Florida, Las Vegas, Georgia, South Carolina, Tim Scott , North, York
Marvell Technology will reap the benefits from the growth of artificial intelligence due to its deep and broad base of intellectual property, Bank of America predicts. On Thursday, the bank reiterated its buy rating ahead of the chipmaker's AI presentation next Thursday. MRVL YTD mountain Marvell Technology year to date At the event, analyst Vivek Arya expects Marvell Technology to outline a $20 billion to $30 billion incremental total addressable market. He also expects Marvell to reinforce its competitive differentiation in custom chips compared to lower-priced Taiwan rivals, similar to an argument recently made by Broadcom . Arya also expects management at the AI event to address Marvell's leadership in inter- and intra-data center AI optics and its ability to transition to silicon photonics.
Persons: Vivek Arya, Arya, Marvell Organizations: Marvell Technology, Bank of America, Marvell, Broadcom, photonics Locations: CY24E, Taiwan
But those headlines were soon eclipsed by Chumbawamba publicly condemning Peters’ use of its song. “Everything that Peters stands for is counter to Chumbawamba’s world view,” the band’s founding member and former vocalist, Dunstan Bruce, told CNN. Chumbawamba, which broke up in 2012, has asked its former record company, Sony Music Publishing, to issue a cease-and-desist letter to New Zealand First. In response to CNN’s request for comment, New Zealand First Party President Julian Paul said the party had nothing further to add. “As we rise, the dirt will start all over again,” he said during a party convention in July, according to a transcript published by New Zealand First.
Persons: Winston Peters strode, Peters, ” Peters, Chumbawamba, Dunstan Bruce, Winston Peters, Hagen Hopkins, ” Chumbawamba, “ Tubthumping, , Bruce, , Peter Dungate, ” It’s, Eminem, Vivek Ramaswamy, Donald Trump, Rihanna, Pharrell Williams, Bruce Springsteen, Nigel Farage, Hutton Supancic, Julian Paul, Emmanuel Heisbourg, Heisbourg, “ tubthumping, You’re, — Peters, Organizations: CNN, New Zealand First, Labour, New, National, ACT, New Zealand, General Motors, Sony Music Publishing, APRA, NZ, New Zealand’s National Party, rapper’s, Republican, Independence Party, UKIP, Southwest, SXSW UKIP, University of Montreal Locations: Palmerston, British, Nazi Germany, New, New Zealand
Here are JPMorgan's top stock picks heading into April
  + stars: | 2024-04-01 | by ( Lisa Kailai Han | ) www.cnbc.com   time to read: +2 min
JPMorgan added two new names to its list of top stocks as April begins — Bank of America and CarMax . However, his price target of $35 implies that shares could fall 8% from their Thursday close. On the other hand, analyst Rajat Gupta views CarMax as a short idea, with his $60 price target suggesting approximately 31% downside from where the stock closed on Thursday. Here are some of the top picks that made JPMorgan's list: Growth stock Danaher is one returning name to the list. Analyst Tami Zakaria's $385 price target corresponds to a further 5% rally from the stock's Thursday close.
Persons: Vivek Juneja, Juneja, Rajat Gupta, CarMax, Rachel Vatnsdal's, Tami Zakaria's, — CNBC's Michael Bloom Organizations: JPMorgan, — Bank of America, Bank of America, of America, " Bank of America, Caterpillar
Meanwhile, Micron got a price target increase from Bank of America, which sees the chipmaker surging more than 20%. 7:08 a.m.: Jefferies raises forecast on Target Jefferies thinks improving consumer discretionary trends should boost Target shares. The firm increased its price target on the stock to $205 from $195, implying shares gaining 16% from where they closed on Thursday. He upgraded shares to overweight from equal weight and increased his price target by $13 to $59. The bank also revised its bull case price target to $110 from $90, implying upside of nearly 130%.
Persons: Morgan Stanley, Target Jefferies, Corey Tarlowe, Jefferies, Tarlowe, TGT's, — Hakyung Kim, Wells, Roger Read, Read, Hakyung Kim, Brandon Oglenski, Hunt, Robinson, Werner, Oglenski, Anthony Cassamassino, Vivek Arya, Arya, , Morgan, DAL, Fred Imbert Organizations: CNBC, Delta Air Lines, Micron, Bank of America, Jefferies, Target, Devon Energy, Diamondback Energy, EOG Resources, Barclays, J.B, C.H, Werner Enterprises, Bank of America's, Microsoft, Meta, Next, 2Q, Spotify, Citigroup, Marvell, Devices, TAM, Abercrombie, Fitch's Locations: Wells Fargo, Devon, Delaware, Q2'24, Thursday's, DAL
Donald Trump Jr. said he is lobbying for his father to choose a "fighter" as his running mate. He said he is suggesting people like Tucker Carlson, Vivek Ramaswamy, and Sen. JD Vance. Donald Trump is still unsure about who will be his vice presidential pick, reports say. AdvertisementDonald Trump Jr. said he's lobbying his father to pick a "fighter" like Tucker Carlson or Vivek Ramaswamy to be his running mate. "What I want in that role is I want a fighter," Trump Jr. told The New York Post, "I understand what they are going to throw at us."
Persons: Donald Trump Jr, Tucker Carlson, Vivek Ramaswamy, Sen, JD Vance, Donald Trump, , Trump Organizations: Service, New, Business Locations: New York
But with Russian forces still inside the country and millions of Ukrainians displaced from their homes, fighting on the frontlines, or living overseas, there is no election in sight. Although Sunday is the day the constitution says Ukraine should be voting, it also does not allow it during wartime. He would have voted for Zelensky five years ago if he had had the chance and would vote for him now. Last August, President Zelensky was asked for his position in an interview on Ukrainian television and sounded sympathetic to holding a poll. As the United States Congress continues to dither over new military aid, elections in Ukraine became folded into the debate by some Republicans.
Persons: Volodymyr Zelensky, Zelensky, Viktor Yanukovych, Mykola Lyapin, Kateryna Bilokon, Yanukovych, , Jamie Oliver, , , Oleksiy Koshel, Zelensky’s, Vivek Ramaswamy, Lindsey Graham, , ” Zelenskiy, Valentyn Ogirenko, Graham, Ruslan Stefanchuk, ” Stefanchuk, disenfranchisement, Oleksandr Voitko, Valerii, Maria Kostenko, Victoria Butenko Organizations: CNN —, Republicans, Sunday, Putin, CNN, Zelensky, Kyiv International Institute of Sociology, Russia, United States Congress, Republican Party, South, 47th Brigade, Locations: Ukraine, Kyiv’s, Europe, United States, , South Carolina, Kyiv, Russian, Avdiivka, Italy, Russia
In 1970, more than two-thirds of American adults between 25 and 49 lived with a spouse and at least one kid. For a society structured around the ideal of the nuclear family, its demise has left everyone wondering: What happens now? Without one partner focused on full-time housekeeping, the amount of work required to run a nuclear family isn't really feasible. It doesn't take much of a mental leap to see why capitalism and the nuclear family make for such cozy bedfellows. Coontz, a leading historian of the American family, notes that every family structure comes with its own set of distinct weaknesses, strengths, and possibilities.
Persons: Elon Musk, Vivek Ramaswamy, O'Brien, David Brooks, Moira Weigel, Brooks, Charles E, " O'Brien, Stephanie Coontz, Kristen Ghodsee, Ghodsee, coparenting, Mark Boster, Coontz, Organizations: Pew Research, Elon, Labor, Getty, University of Pennsylvania, Brookings Institution, Pew, Los Angeles Times, Guardian Locations: The, California, Somerville , Massachusetts
A recent global report found a decline in young people's happiness in North America. That's upending the idea that happiness in life follows a U shape. In North America, it now looks more like a J. Related storiesShe added that "younger adults in North America also reported lower levels of trust in the government, higher levels of concerns around corruption. AdvertisementThe idea of dual peaks in contentedness came from a 2010 article in The Economist called "The U-bend of life."
Persons: That's, , Laura Aknin, Aknin, They're, Vivek Murthy, Christopher Wong Michaelson, Thomas Organizations: Service, Gallup, US, University of St, New York University Locations: North America, contentedness, Finland, Czechia, Lithuania, Slovenia
Americans between ages 45 and 65 are lonelier than their European counterparts, according to a new paper published in American Psychologist. In all places, baby boomers reported the highest levels of loneliness of any generation, but those in the United States outpaced their peers. In Italy, Spain, and Greece, loneliness steeply increased for both baby boomers and Gen X residents. Middle-aged adults in Denmark, Sweden, and the Netherlands reported the lowest levels of loneliness of all 14 countries. "Our epidemic of loneliness and isolation has been an underappreciated public health crisis that has harmed individual and societal health," Murthy said in a 2023 statement.
Persons: Vivek Murthy, Murthy Organizations: U.S Locations: England, Italy, France, Sweden, United States, Spain, Greece, Denmark, Netherlands
She loves being active and has found her closest friends through her running group. "It was difficult finding friends, and I didn't know how to make friends," Arguelles told Business Insider. AdvertisementBefore coming to Florida, Arguelles worked in real estate in Chicago, and she found a job in the same field in Florida — but she didn't enjoy it, so she quit. But when she saw a flyer for a running group that was raising money to fight leukemia, she decided to join — and ended up running her first marathon at the age of 60. "I started making friends in that running group, and those friends became a very tight community," Arguelles said.
Persons: Vivien Arguelles, , Arguelles, didn't, Patrick's, She's, it's, Vivek Murthy, I'd, she's, I'm, Dianne Stone, Stone, we're Organizations: Service, Business, , National Council, National Institute of Senior Centers Locations: Florida, Cuba, Chicago, Spain, Portugal, Italy
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