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Microsoft and a major chemical stock were among Friday's biggest analyst calls. He also lowered his price target by $1 to $25, which implies shares can fall roughly 19% from Thursday's close. Sandler increased his price target by $27 to $200, which implies 26.6% potential upside. JPMorgan: Analyst Mark Murphy added $30 to his price target, which is now at $470. He also hiked his price target to $61 from $55, which implies upside of 8% going forward.
Persons: Morgan Stanley, Mobileye, Adam Jonas, Jonas, — Pia Singh, Stifel, Stanley Elliot, Elliott, Alphabet's, Oppenheimer, Jason Helfstein, Ross Sandler, Sandler, Brent Thill, Google's, Justin Post, Post, Wall, Raimo Lenschow, Wells, Michael Turrin, MSFT, Turrin, Mark Murphy, Murphy, Keith Weiss, Weiss, Jeffrey Zekauskas, Zekauskas, Dow, Fred Imbert Organizations: CNBC, Microsoft, JPMorgan, Dow Inc, TAM, Caterpillar, Google, Barclays, , Jefferies, Bank of America, DOW Locations: Israel, Thursday's, reaccelerate, Wells Fargo
Sabrina Carpenter just dropped "Espresso," which is already topping the charts. With her new song "Espresso," the pop star may have just dropped this year's summertime hit. Cyrus' 2023 single "Flowers" breathed new life into her career after a rocky public personaMiley Cyrus performs at the 2024 Grammys. Like Carpenter, Cyrus was a Disney child star who amassed international fame with "Hannah Montana." So with "Espresso," Carpenter has a chance to catapult herself onto the big stage and secure her place as a bonafide star.
Persons: Sabrina Carpenter, , Taylor, Barry Keoghan, She's, Carpenter, Theo Wargo, Sabrina Carpenter's, Morgan Wallen's, Harry Styles, Olivia Rodrigo, Miley Cyrus, SZA, Cyrus, Amy Sussman, cushioned Cyrus, Forbes, Vijat, Hannah Montana, Pharrell Williams, Cowboy Carter, Armando L, Sanchez, Bill, Timothy Norris, J, Cole, Nicki Minaj Organizations: Service, Coachella, Spotify's, Spotify, Apple, NBC, Getty, Chicago Tribune, Tribune, Billboard, iHeart Locations: Disney
Here's how Rare Beauty outdid other celebrity brands — and how it could make Gomez a billionaire. AdvertisementThere are currently at least 40 celebrity beauty brands on the market — all experiencing varying degrees of success. AdvertisementNow, Selena Gomez may be poised to join their ranks and become the next celebrity beauty billionaire. Rare Beauty is exclusively sold at Sephora — meaning a potential buyer would see plenty of room for growth. It's among the most-followed celebrity beauty brands on both Instagram and TikTok, with 7.1 million and 3.6 million followers, respectively.
Persons: Selena Gomez, Gomez, , Hailey Beiber's Rhode, Addison, Brad Pitt's Le Domaine, Rihanna, Kim Kardashian, Kim, Anncy Rowe, Jeffrey Ten, Scott Friedman, Nikki Eslami, Pascal Le Segretain, it's, Friedman, Mehdi Mehdi, Joyce Kim, Estée Lauder, Elizabeth Taylor's, Rowe, she's, Alex Rawitz Organizations: Service, Coty, Bloomberg, Fashion, Business, Fast Company, Brand, New Theory Ventures, Nyx, L'Oréal Locations: SKKN, L'Oréal, Sephora
"We were in a situation where folks accepted that Black unemployment was going to always be high and there was nothing that they could do about it. The Black unemployment rate in January was 5.3%, up a touch from December but still near the all-time low of 4.8% hit in April 2023. For Black workers, weekly before-tax earnings as of the end of 2023 have risen 24.8% since the first quarter of 2020. "High unemployment for Black workers is a solvable problem," Fulton said. Black workers are interested in tech and believe there are opportunities.
Persons: Ali, Jamila Wright, there's, Jessica Fulton, Fulton, Cox, she's, MilSpouse, they've, Sue Harnett, Goldman Sachs, Harnett, I'm, Ali Wright Organizations: Brooklyn Tea, Joint Center, Political, Economic Studies, D.C, U.S . Bureau of Labor Statistics, McKinsey & Company, Companies, Bank of America, Black Colleges, Universities, New, Small Business Administration, Ivy League, Conference Board Locations: America, U.S, Washington, Brooklyn, New York City, Atlanta
Johnson’s 29 on the front nine was the lowest nine-hole score in his 493 career PGA Tour starts, and he needed only 10 putts to do it. “La Quinta Country Club is legitimately one of the purest places we play on the PGA Tour year-in, year-out,” Johnson said. The 41-year-old 10-time European Tour winner is still seeking his first PGA Tour title. This course is beautiful.”Hoey — the Philippines-born, Rancho-Cucamonga-raised product of USC — excelled in his fourth PGA Tour start. Hoey is among the 30 American Express participants who earned their PGA Tour cards from last year's Korn Ferry Tour.
Persons: — Zach Johnson, Johnson, Sweden's Alex Noren, , ” Johnson, I’ve, outdid, Rico Hoey, Christiaan Bezuidenhout, Patrick Cantlay, Xander Schauffele, Justin Thomas, Australia's Min Woo Lee, Si Woo Kim, ” Noren, ” Hoey, USC —, Hoey, Korn, , ” Thomas, hasn't, Scottie Scheffler, Rickie Fowler, Wyndham Clark, Bob Hope, ___ Organizations: Ryder, American Express, La Quinta Country, Quinta Country, PGA, USC, Southern California, Nicklaus, Quinta Locations: QUINTA, Calif, U.S, Coachella, Quinta, Philippines, Rancho, Cucamonga, Palm
As the trapped workers came out of the under-construction road tunnel after 17 days, the happy end to a rescue effort that had riveted India set off celebrations across the country. Gone for the moment were questions about why the 41 men had been put at risk of being entombed in the tunnel in the first place. Cameras focused on local representatives of India’s governing party, who credited the leadership of Prime Minister Narendra Modi. While activists and environmentalists also watched with relief, the scenes carried another, very different meaning for them. They had long warned, in futile court cases and failed tribunal hearings, that the $1.5 billion road-widening project was dangerously destabilizing the already fragile Himalayan landscape.
Persons: Narendra Modi, “ Modi, Modi Locations: India
CNN —Whether or not Miami Heat’s golden child Jimmy Butler’s new “emo” look is just a phase, the NBA star carried it off with some aplomb, drawing plenty of laughs from his teammates. Butler said he’s now “emo” and after the summer he and the Heat have had, who can blame him? “Yeah, yeah, yeah, laugh it up,” Butler said as he entered his press conference, pushing his fringe out of his eyes. Butler said his new look was down to his 'emotional state.' Certainly not someone to do things by halves, Butler was fully immersed in his new state and even posted songs from emo bands on his Instagram story throughout the day.
Persons: Jimmy Butler’s, Butler, he’s, Damian Lillard, Lebron James, Rebecca Blackwell, ” Butler, Gabe Vincent, Max Strus, isn’t, , Jim Rassol, Bam Adebayo Organizations: CNN, NBA, Portland Trail Blazers, Miami, Milwaukee Bucks swooped, Lillard, Reuters Locations: Miami, South Beach, Wisconsin, Florida
I put a stint of endless scrolling to good use by using the app to decide the itinerary for my latest vacation. So, like TikTok users said, early morning is probably the best time for a tourist to first experience the amusement park. Amarachi Orie/CNNWith a name meaning “Yellow Beach,” this place was an aesthetic wonder, which explains why it came up on TikTok. Amarachi Orie/CNNThis beach club on the Veronica Strip was recommended by TikTok users as the place to be to enjoy the island’s nightlife. I would recommend every place TikTok took me to, especially the aesthetic masterpieces: the yellow beach, Fiore and Masca.
Persons: Costa Adeje, Amarachi Orie, TikTokers, I’m, Orie, TikTok, I’d, Fiore, I’ll, don’t, CNN TikTok, Madonna, Harley Davidson, Bob Dylan, Bruce Springsteen, Billy Idol, Stevie Nicks, Veronica, Papagayo, Teide, Masca, it’s Organizations: CNN, TikTok, Costa Adeje TikTok, Costa Adeje, Port Colon, Workers, Papagayo Beach Club Spanish Locations: West Africa, Tenerife, Canary Islands, TikTok, tenerife, Costa, Siam, Spanish, Los Cristianos, Amarilla, Luuma, Playa de Las, Playa, Las, British, Santiago del Teide, Fiore
Funds with more complicated names tended to do worse than funds with simpler names. One possible reason is that complex-named funds are more speculative and use buzzwords to attract investors. Of the seven noncomplex funds that beat complex funds, the average difference was 0.37 percentage point. Only large-cap equity funds saw the reverse of this, where complex funds outdid the simpler-named funds by 0.47 percentage point. Another explanation could be that complex-named funds may simply be more speculative, leaning on buzzwords to attract investors.
Persons: Derek Horstmeyer, Horstmeyer Organizations: Service, George Mason University, Street Locations: Wall, Silicon
Berlusconi invented the entrepreneur as politician
  + stars: | 2023-06-12 | by ( Lisa Jucca | ) www.reuters.com   time to read: +4 min
Though his Forza Italia party and business empire are already weakened and unlikely to regain much prominence after his death, his unorthodox political methods spawned imitators across the West. Italy’s four-time and longest-serving prime minister, who often quipped he would live until 120, passed away on Monday. Ex-British Prime Minister Boris Johnson also became popular by portraying himself as an eccentric outsider. As Italy’s traditional parties collapsed under countless graft charges in the 1990s, he used his media popularity and image as a can-do entrepreneur to exploit Italy’s political void. Follow @LJucca on TwitterCONTEXT NEWSFormer Italian prime minister and broadcaster Mediaset founder Silvio Berlusconi died on June 12, aged 86.
Persons: Silvio Berlusconi, Donald Trump ., Boris Johnson, Berlusconi, Beppe Grillo outdid Berlusconi, Vladimir Putin, Giorgia Meloni, MediaForEurope, Neil Unmack, Oliver Taslic Organizations: MILAN, Reuters, Forza Italia, U.S, Donald Trump . Ex, British, Milan soccer, RAI, Star Movement, Thomson Locations: Italian, Italy
TipRanks leveraged its Experts Center tool to recognize the ones with a high success rate. We also analyzed each stock recommendation made by health care sector analysts in the past decade. TipRanks' algorithms calculated the statistical significance of each rating, average return and the analysts' overall success rate. The buy recommendation generated a return of 397.9% from May 12, 2020 to May 12, 2021. Boris Peaker - TD CowenBoris Peaker has the 10th spot on the list, with a success rate of 47%.
Secondhand watch prices fell 8%, compared with the S&P 500's 19% drop and bitcoin's 65% crash. Rolex, Patek Philippe and Audemars Piguet are seen by watch lovers as the "Big Three" luxury makers, with a 70% market share. But prices for preowned timepieces fell slightly for all those brands in the last quarter of 2022, Morgan Stanley said. Secondhand Rolex prices slipped 5% over that three-month period, led by losses from the popular Daytona, GMT Master II, and Submariner models. "As these three brands account for around 70% of the secondary watch market, their price decline continued to weigh on the overall market."
"Stranger in a Strange Land" — Gates' favorite sci-fi book from his youth, he noted — is the story of a human who was raised on Mars, by Martians. This holiday season, billionaire Bill Gates is gifting you a list of five books to read while you're hopefully enjoying some much-deserved downtime. We need to learn to learn from our mistakes without obsessing over them," Gates wrote. The name comes from Russian chemist Dmitri Mendeleyev, who formulated the first version of the periodic table in 1869. It's "the best book I've ever read on the periodic table," Gates wrote.
The Federal Reserve's signal that it may risk a recession in its inflation fight prompted Evercore ISI to slash its market forecast Thursday. The Wall Street firm cut its year-end S & P 500 target to 3,975 from 4,200. The new target is still about 5% higher than Wednesday's close of 3,789.93 but would represent a 16% decline for 2022. The Summary of Economic Projections from the Fed showed the unemployment rate is estimated to rise to 4.4% by next year from its current 3.7%. Such a rise in unemployment has a near unblemished record of leading to a recession in short order," Emanuel said.
Singapore Airlines' new suites are more like hotel rooms in the sky than airplane seats. Easily top up your Singapore Airlines KrisFlyer account with points from American Express Membership Rewards, Chase Ultimate Rewards, or Citi ThankYou Rewards. You'll need to join the Singapore Airlines KrisFlyer programFirst things first: If you want to book an award in Singapore Suites (or business class, for that matter), you'll need to redeem Singapore Airlines' own KrisFlyer miles. Searching for Singapore Airlines awardsSearching for awards on Singapore Airlines' own flights is straightforward. Fixed-value flexibilityIf mastering the Singapore Airlines KrisFlyer program feels like too much of an effort, there is one other strategy worth considering.
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