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☆ Biden aims to deepen transatlantic ties with trip to France for D-Day, state visit amid Ukraine crisis
▼ + stars: | 2024-06-05 | by ( Kayla Tausche | ) edition.cnn.com time to read: +7 min

Paris CNN —US President Joe Biden touched down in Paris on Wednesday for a trip marking the 80th anniversary of D-Day and engaging in a state visit hosted by French President Emmanuel Macron. Biden “really believes we’re at an inflection point in history,” John Kirby, spokesman for the National Security Council, said. The visit to France aims to bring Biden closer to one of his key allies on the world stage. Biden quietly gave Ukraine permission to use those weapons; Macron was less subtle in his support for the measure. By contrast, European Union member states together have sent Ukraine $53 billion in direct financial assistance and $35 billion in military aid.

Persons: Joe Biden, Emmanuel Macron, Biden, Biden “, ” John Kirby, “ It’s, ” Kirby, ”, Andrew Bates, “, Republican –, Macron, ” Macron, Volodymyr Zelensky, Jake Sullivan, ” Marcon, Zelensky, ” CNN’s Jessie Gretener, Mariya Knight, Joseph Ataman Organizations: Paris CNN, French, National Security Council, Army Rangers, Biden, Wall, Air Force, Congressional, Republicans, Republican, White House, United, Union, Bank, European Union Locations: Paris, Europe, Russia, Ukraine, China, Normandy, Nazi Germany, Pointe, Omaha and Utah, France, Washington, Italy, Los Angeles, Moscow, Kharkiv, Meseberg, Brandenburg, Germany, United States

☆ As interest rates soar, buy stocks like this homebuilder, Wall Street analysts say
▼ + stars: | 2023-09-30 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Interest rates keep climbing, but that's not stopping Wall Street analysts from finding a slew of stocks to buy. CNBC Pro combed through top Wall Street research to find stocks that are beneficiaries of high interest rates. HealthEquity "We view HQY as an attractive investment in a higher interest rate environment that can function as a portfolio diversifier," according to Baird analyst Mark Marcon. The firm said as middle market businesses face rising interest rates, Bunge can take advantage. Toll Brothers High interest rates are no problem for the homebuilder, Raymond James analyst Buck Horne said in a recent note.

Persons: Bunge, Baird, Mark Marcon, Marcon, Goldman Sachs, Adam Samuelson, Samuelson, Raymond James, Buck Horne, Horne, homebuilders, TOL, HealthEquity, Morgan Stanley Organizations: CNBC, Bank of America, Toll, HealthEquity, Costco, Evercore ISI, CMA, Catering Locations: HealthEquity, homebuilders, homebuilding

☆ OVHcloud cuts sales growth target citing economic conditions
▼ + stars: | 2023-04-19 | by ( ) www.reuters.com time to read: +2 min

April 19 (Reuters) - French cloud services provider OVHcloud (OVH.PA) on Wednesday trimmed its forecast for full-year revenue growth, citing the macroeconomic context and delays in certain projects. The company now sees organic revenue growth between 13% and 14% in 2023, against a previous outlook of growth in range of 14%-16%. Societe Generale analyst Derric Marcon earlier this week pointed to an interview this month where Amazon's (AMZN.O) CEO suggested a continued slowdown in AWS, the U.S. company's cloud services arm. OVHcloud updated its adjusted core profit (EBITDA) margin target for full-year 2023, forecasting that it will be above 36%, against a previous forecast for it to be in line with the 39.0% posted in 2022. It reported half-year sales of 439 million euros ($481.41 million), broadly in line with the 437.3 million expected on average in a company-provided poll.

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