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Daiwa raised its price target to $1,325 on Nvidia, calling for more than 15% upside. Mizuho, meanwhile, upgraded PayPal to buy from neutral with a price target that implies more than 45% upside. — Brian Evans 5:46 a.m.: Daiwa increases Nvidia price target, says company is AI's 'big winner' Shares of soaring chipmaker Nvidia have more room to run, according to Daiwa Capital Markets. Analyst Louis Miscioscia raised his price target on the chipmaker to $1,325 from $900, which implies more than 15% upside from Wednesday's close. Nvidia stock has gained roughly 132% in 2024, adding to last year's 238% surge, as investors cheer the company's AI prospects.

Persons: Daiwa, Mizuho, Okta's, OKTA, Peter Levine, Brian Evans, Maheep Mandloi, — Brian Evans, Baird, Michael Ha, Ha, Louis Miscioscia, Miscioscia, Dan Dolev, Dolev, Fred Imbert Organizations: CNBC, Nvidia, PayPal, Mizuho Securities, Solar Mizuho Securities, UnitedHealth, Daiwa, Markets, Mizuho, comm Locations: Wednesday's, OptumCare

The shoe retailer missed analysts' expectations on both earnings and revenue in the first quarter. Catalent lowered its full-year earnings and revenue guidance ahead of its business update call. Applied Materials – Shares of the chip maker slipped more than 1% premarket despite the company posting earnings and revenue for the most recent quarter that beat expectations on Wall Street. DXC posted revenue that came in below analysts' expectations from FactSet and earnings that were about in line with expectations. Deere — The tractor maker's shares rose almost 4% after it announced an earnings and revenue beat for its fiscal second-quarter.

☆ Want to Fix Your Mind? Let Your Body Talk.
▼ + stars: | 2023-05-18 | by ( Daniel Bergner | ) www.nytimes.com time to read: +4 min

In explaining our psychological troubles, van der Kolk highlights the role of what can loosely be labeled the primal regions of the brain, along with that of the body. The book has a certain kind of romantic appeal; it restores us to the natural world, to the animal kingdom. But while van der Kolk’s readership is vast, he is probably not the most essential figure in the somatic therapy movement. And beyond modern credit for its concepts, somatic therapy owes a debt to timeless practices like mindfulness and meditation.) Van der Kolk’s best-seller-dom and Levine’s legion of new practitioners speak to a current yearning for the holistic.

☆ Coupa Software Weighs Right Time to Refinance Low-Rate Debt Amid High Rates
▼ + stars: | 2022-11-15 | by ( Mark Maurer | ) www.wsj.com time to read: +6 min

Coupa Software Inc. is searching for the right time to refinance over $2 billion in convertible debt that it holds at nearly evanescent rates—despite rising financing costs and the fact that its maturities are more than two years away. Tony Tiscornia, chief financial officer at Coupa Software. “For a young software company, we would really like to see a lot of the focus on just growth at this time, over profitability,” she said, speaking generally. The company will likely refinance with convertible debt because the interest rate tends to be lower than that of straight debt, he said, adding that more equity would dilute shareholdings. Conagra said it had $8.98 billion in net debt as of Aug. 28, down from $9.19 billion a year earlier.

☆ AI tech like Dall-E 2 will eventually kill smartphone apps, A16z VC Peter Levine says
▼ + stars: | 2022-10-27 | by ( Julie Bort | ) www.businessinsider.com time to read: +3 min

The A16z venture capitalist Peter Levine told Insider that apps were heading for obsolescence. Tech like Dall-E 2 and Stable Diffusion that generates AI artwork will have more uses, he said. Peter Levine is best known as a general partner at the venture-capital firm Andreessen Horowitz. This, instead, would be a series of AI agents that generate what you ask for when you ask for it. The Andreessen Horowitz general partner Peter Levine.

☆ Famed A16Z VC Peter Levine has donated $5 million to bring startup and company building to climate non-profits
▼ + stars: | 2022-10-19 | by ( Julie Bort | ) www.businessinsider.com time to read: +2 min

The cohorts will be vetted by the Honnold Foundation and the Çerçioglu will be open sourced. Flash forward to three-years after his surgery, Levine tells Insider that his recovery has been nothing short of a "miracle." The Levine Impact Lab has launched in partnership with the Honnold Foundation – a solar-technology non-profit founded by Levine's friend, renowned rock climber Alex Honnold. The idea is to bring Silicon Valley startup-like training to non-profits, particularly select organizations already involved and vetted by the Honnold Foundation. "Just because you're a non-profit versus a for-profit tech company, everyone runs into the same issues.

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