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The chipmaker was initiated with an outperform rating by Loop Capital, which set a Wall Street-high price target that calls for 65% upside. He also raised his price target on U.S.-traded shares to $22.22 from $19.16, implying shares could rise 27% from Thursday's close. It also cut its price target by $1.50 to $8.50, suggesting just 6.2% upside potential from Thursday's closing price. — Hakyung Kim 5:41 a.m.: Oppenheimer downgrades Nike Don't expect much out of Nike shares in the near future, according to Oppenheimer. The firm downgraded the apparel giant to perform from outperform and slashed its price target to $110 per share from $150.

Persons: Oppenheimer, Carvana, Raymond James Carvana's, Raymond James, Mitch Ingles, Ingles, — Hakyung Kim, Jefferies, Alex Wright, Wright, Peter Grom, Chris Peterson's, Grom, Newell, Brian Nagel, Fred Imbert, Ananda Baruah, Hakyung Kim Organizations: CNBC, Nvidia, Nike, Loop, Jefferies, UBS, Newell Brands Consumer, Newell Brands, Nvidia Nvidia, CY2025 Locations: Thursday's, America, CY2024

☆ A Train Lover Spent $1 Million Turning a Car Into a Home — See Inside.
▼ + stars: | 2023-11-06 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +1 min

Rydel Peterson is selling a 1920s Pullman train car his father gave him. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Montana lawyer Rydel Peterson is asking $249,000 for a historic Pullman train car that was a gift from his father. Peterson, 45, said his father, who owned a train repair center, spent $1 million renovating the 1920s train car into a three-bedroom, two-bathroom home with heat, air conditioning, and electricity. After Peterson's father gave him the train car, it landed in his backyard — but his wife wasn't a fan.

Persons: Rydel Peterson, didn't, Peterson, —, Peterson's, wasn't Organizations: Pullman, Service Locations: Montana, Washington, Missoula

☆ JPMorgan says this struggling clean energy play may have finally bottomed, sees nearly 60% upside
▼ + stars: | 2023-10-12 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Hydrogen fuel cell company Plug Power is on pace for meaningful upside with several near-term catalysts ahead, according to JPMorgan. Analyst Bill Peterson added Plug Power to its positive catalyst watch list for the near term in a Thursday note, in addition to reiterating its overweight rating on the stock. Plug Power lowered its 2023 revenue forecast to account for a disappointing third quarter, but Peterson said he had anticipated this would occur. On Friday, the Biden administration is expected to announce $7 billion in hydrogen hub grants, from which Peterson thinks Plug Power is well-positioned to benefit. Plug Power could see further tailwinds from a positive resolution with the U.S. Department of the Treasury on the Inflation Reduction Act's clean hydrogen production tax credits.

Persons: Bill Peterson, Peterson, Biden, — CNBC's Michael Bloom Organizations: JPMorgan, U.S . Department of, Treasury, U.S . Department of Energy Locations: Wednesday's, company's Georgia

☆ Just 11 people were responsible for most 2021-2022 school book challenges. A Virginia woman challenged 71 out of the 73 books she read.
▼ + stars: | 2023-10-01 | by ( Katie Balevic | ) www.businessinsider.com time to read: +2 min

Over half of all book challenges made in the 2021-2022 school year came from just 11 adults. One woman said she read 73 books, scanning for sexually explicit content, and challenged 71 of them. Book challenges, once a school library issue, are becoming a community-wide library issue. According to an analysis by the Post, 60% of book challenges made in the 2021-2022 school year came from the same 11 adults. A library staffer told the Post that nearly a dozen people spent 40 hours per week just on Petersen's book challenges.

Persons: —, Jennifer Petersen, Petersen Organizations: Service, Spotsylvania County Public Schools, The Washington Post, Post, New York Times Locations: Virginia, Spotsylvania

☆ This rare earth stock can rally more than 30% amid growing demand, JPMorgan says
▼ + stars: | 2023-08-31 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

MP Materials is poised to gain from a growing market for rare earth products, according to JPMorgan. The stock has pulled back despite the price of neodymium praseodymium alloy climbing about 8% this quarter. Meanwhile, Peterson said demand could approximately double by 2030 as electric vehicles and wind turbines — both of which can utilize rare earth magnets from the alloy — gain favor. The U.S.-based company is also increasingly attractive as geopolitical rifts with China, a major supplier in the rare earth supply chain, escalate. MP is considered one of only two "sizable" producers of rare earth oxides outside of the country by Peterson's count.

Persons: Bill Peterson, Peterson, Michael Bloom Organizations: Materials, JPMorgan Locations: Wednesday's, China, U.S

☆ Mississippi Supreme Court won’t remove Brett Favre from lawsuit over misspent welfare money
▼ + stars: | 2023-08-10 | by ( ) www.cnbc.com time to read: +3 min

The Mississippi Supreme Court says it will not remove NFL Hall of Famer Brett Favre as a defendant in a civil lawsuit that seeks to recover millions of dollars of misspent welfare money meant to help some of the poorest people in the United States. Favre asked the Supreme Court to overturn Peterson's decision. Attorneys for the state responded that Favre took $1.1 million in TANF money from Nancy New "for speeches he never made." State attorneys wrote in March that Favre's attorneys had given the court "a long press release" rather than legal arguments in trying to get him out of the lawsuit. The state attorneys wrote in May that the Mississippi Supreme Court does not grant appeals "based on whether a defendant is famous, or on speculations about the plaintiff's motives, or on fact disputes."

Persons: Brett Favre, of Famer Brett Favre, Favre, Faye Peterson, Favre's, Nancy New Organizations: NFL, The Mississippi Supreme, of Famer, Mississippi Department of Human Services, Hinds, of Human Services, Human Services, Nancy, USM Athletic Department Locations: Santa Clara, Calif, The Mississippi, United States, Mississippi

[1/2] The "1200 building" at Marjory Stoneman Douglas High School, the crime scene where the 2018 shootings took place, is seen in Parkland, Florida, U.S. August 4, 2022. Scot Peterson, the school resource officer on duty at Marjory Stoneman Douglas High School in Parkland, Florida, on Feb. 14, 2018, was armed but never went inside the building as the shooting unfolded, according to the Broward County Sheriff's Office and surveillance video. Friday's re-enactment is part of a civil case against Peterson in which victims' families and survivors are seeking unspecified damages. In June, Peterson was acquitted by a Florida jury of criminal charges of child neglect, culpable negligence and perjury connected the shooting. It has remained largely unaltered since the 2018 shooting, with bloodstains and bullet holes still visible.

Persons: Marjory Stoneman, Amy Beth Bennett, Scot Peterson, Peterson, Friday's, Michael Piper, Piper, David Brill, Carol, Lisa Phillips, Phillips, Nikolas Cruz, Julia Harte, Cynthia Osterman Organizations: Marjory Stoneman Douglas High School, Broward County Sheriff's Office, Broward, Broward County Public, Thomson Locations: Parkland , Florida, U.S, Florida, Broward County, Broward

☆ A consumer spending slowdown is coming in the second half of 2023
▼ + stars: | 2023-08-03 | by ( Ian Thomas | ) www.cnbc.com time to read: +4 min

Right now, Peterson says, the data suggests that consumers are spending across the economy and consumer sentiment has taken a turn for the better. "For most of this year, consumers were saying right now is okay, but we're worried about the future; we think a recession is coming." Peterson's first area of concern relates to the aggressive interest rate hikes made by the Federal Reserve over roughly the past year and a half, 11 rate hikes that have taken its benchmark rate above 5%. The "lagged effects of interest rate hikes will start hitting consumer spending," Peterson said. "Certainly, for the second half of the year, we're going to see slower consumer spending," Peterson said.

Persons: Dana Peterson, Peterson, Kate Rogers, cardholders, Ryan McInerney, Ramon Lagurta, there's, Jamie Dimon, we're, Jerome Powell Organizations: Conference Board, CNBC, CNBC's, PepsiCo, Federal Reserve, JPMorgan, U.S . Department of Education

☆ JPMorgan downgrades this aluminum stock ahead of earnings
▼ + stars: | 2023-07-14 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Analyst Bill Peterson downgraded the stock to neutral from overweight and slashed his price target to $36 from $54 in the runup to its earnings report next week. Despite an approximately 90% correlation between Alcoa shares and aluminum prices over the past decade, Alcoa has underperformed the metal by 7% since April. Aluminum prices as a whole should also be cheaper than previously forecasted in both the fourth quarter and 2024, but may find support in the second half of next year as inventories thin out. Cost pressure could also remain into 2024 given the lower bauxite grade feed for refineries. As a group, Peterson said he remained constructive on aluminum stocks in the long term.

Persons: Bill Peterson, Peterson, Kaiser, Constellium, — CNBC's Michael Bloom Organizations: JPMorgan, Alcoa, AA, Midwest Locations: Alcoa, China, U.S, Western Australia

☆ MLB roundup: Shohei Ohtani belts 30th homer in Angels' loss
▼ + stars: | 2023-07-01 | by ( ) www.reuters.com time to read: +9 min

Major league home run leader Shohei Ohtani hit his 30th of the season for the Angels, a 493-foot blast to right. Reds 7, Padres 5 (11 innings)Spencer Steer drilled a game-winning, two-out, two-run homer off the upper deck in left to lead Cincinnati past visiting San Diego for its their third straight win and 15th in 18 games. The Reds were down to their final out when Matt McLain drilled a two-run homer in the 10th to extend the see-saw contest. Pirates 8, Brewers 7Carlos Santana's two-out, two-run homer in the ninth inning lifted Pittsburgh past visiting Milwaukee for its fourth win in a row. Nationals 2, Phillies 1Stone Garrett hit a two-run homer to lift Washington past host Philadelphia for its third straight win.

Persons: Lourdes Gurriel Jr, Evan Longoria, Shohei Ohtani, Mike Trout, Arizona's Tommy Henry, Griffin Canning, Spencer Steer, Matt McLain, Elly De La Cruz, Gary Sanchez, Juan Soto, Carlos Santana's, Matt Bush, Ji Hwan Bae, Andrew McCutchen's, Santana, Carmen Mlodzinski, Brice Turang, Christian Yelich, Owen Miller, Rowdy Tellez, Freddy Peralta, Randy Arozarena, Josh Lowe, Jose Siri, Shane McClanahan, Tom Murphy, Shawn Armstrong, Jake Diekman, Kevin Kelly, Jason Adam, Colin Poche, McClanahan, James Paxton, Jarren Duran, Justin Turner, Masataka Yoshida, Jose Berrios, Stone Garrett, Dominic Smith, Lane Thomas, Josiah Gray, Hunter Harvey, Cristopher Sanchez, Alec Bohm, Justin Steele, Nico Hoerner, Nick Madrigal, Christopher Morel, Cleveland's Cal Quantrill, Will Brennan, Amed Rosario, Patrick Bailey, Joc Pederson, David Robertson, Pete Alonso, J.D, Davis, Bailey, Jeff McNeil, Tommy Pham, Omar Narvaez, Matt Olson, Michael Soroka, Olson, Eddie Rosario, Austin Riley, Sean Murphy, Ronald Acuna Jr, Soroka, Jose Altuve, Mauricio Dubon, Yainer Diaz, Dubon, Jake Meyers, Ronel Blanco, Ryan Pressly, Pablo Lopez, Byron Buxton, Joey Gallo, Max Kepler, Royce Lewis, Buxton, Lopez, Adley Rutschman, Dean Kremer, Mookie Betts, Betts, Alec Marsh, Ezquiel Tovar, Nolan Jones, Jurickson Profar, Ryan McMahon, Austin Gomber, Pierce Johnson, Andy Ibanez, Tony Kemp, Luis Medina, Eloy Jimenez, Tanner Banks, JJ Bleday, Aledmys Diaz, Shea Langeliers, Jace Peterson's, Kemp, Jordan Diaz Organizations: Arizona Diamondbacks, Los Angeles Angels, Diamondbacks, Angels, Reds, Padres, Cincinnati, The Reds, Pirates, Brewers, Pittsburgh, Milwaukee, Rays, Mariners, Tampa Bay, Seattle, Tampa, Sox, Blue Jays, Boston, Toronto, Red Sox, Nationals, Phillies, Cubs, Chicago, Guardians, Giants, Mets, San Francisco, New, Braves, Marlins, Miami, National League, Astros, Rangers, Texas, Orioles, Minnesota, Baltimore, Twins, Dodgers, Royals, Kansas City, Rockies, Tigers, Colorado, Detroit, Austin, Athletics, White Sox, Oakland, A's, Thomson Locations: Anaheim, Calif, Los Angeles, San Diego, Milwaukee, Paxton, Washington, Philadelphia, Chicago, Cleveland, New York, Houston, Arlington , Texas, Kansas, Denver, Medina

☆ Jury acquits former Florida deputy of failing to protect students in Parkland school shooting
▼ + stars: | 2023-06-29 | by ( ) www.reuters.com time to read: +3 min

June 29 (Reuters) - A Florida jury on Thursday acquitted a former sheriff's deputy accused of failing to protect students during the 2018 mass shooting at Parkland's Marjory Stoneman Douglas High School. After the verdict, Peterson told reporters at the courthouse that he would like to talk to the parents of students who lost their lives in the shooting. Peterson was armed but never went inside while the shooting was underway, according to the Broward County Sheriff's Office and surveillance video. A jury in October spared Nikolas Cruz, the gunman in the Parkland shooting, from the death penalty, instead calling for life in prison without possibility of parole. In May, the United States marked the one-year anniversary of the deadliest U.S. school shooting in nearly a decade, in which a gunman in Uvalde, Texas, killed 19 children and two teachers and injured 17 others.

Persons: Parkland's Marjory Stoneman, Scot Peterson, Peterson, Tony Montalto, Gina, Montalto, Nikolas Cruz, Julia Harte, Deepa Babington Organizations: Parkland's, Parkland's Marjory Stoneman Douglas High School, Broward State Attorney’s Office, Broward County Sheriff's Office, Police, Texas Department of Public Safety, Thomson Locations: Florida, Broward County, Parkland, United States, Uvalde , Texas

☆ Newell Brands CEO Chris Peterson on company growth plan and new turnaround strategy
▼ + stars: | 2023-06-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNewell Brands CEO Chris Peterson on company growth plan and new turnaround strategyNewell Brands CEO Chris Peterson joins 'Squawk on the Street' to discuss Peterson's message to investors, how the company's new growth plan will work, and more.

Persons: Chris Peterson Organizations: Newell

☆ Trial opens for former Florida deputy in Parkland school shooting
▼ + stars: | 2023-06-07 | by ( ) www.reuters.com time to read: +2 min

[1/2] People attend a memorial service on the five-year anniversary since gunman Nikolas Cruz opened fire at Marjory Stoneman Douglas High School killing 14 students and three staff members, in Parkland, Florida, U.S., February 14, 2023. REUTERS/Marco Bello/File PhotoJune 7 (Reuters) - Florida prosecutors and defense attorneys will make opening statements on Wednesday in the trial of a former sheriff's deputy charged with failing to protect students as the 2018 mass shooting unfolded at Parkland's Marjory Stoneman Douglas High School. Peterson never went inside while the shooting was underway, according to the Broward County Sheriff's Office and surveillance video. A jury in October spared Nikolas Cruz, the gunman in the Parkland shooting, from the death penalty, instead calling for life in prison without possibility of parole. In May, the United States marked the one-year anniversary of the deadliest U.S. school shooting in nearly a decade, in which a gunman in Uvalde, Texas killed 19 children and two teachers and injured 17 others.

Persons: Nikolas Cruz, Marjory Stoneman, Marco Bello, Scot Peterson, Peterson, Julia Harte, Bill Berkrot Organizations: Marjory Stoneman Douglas High School, REUTERS, Broward County Sheriff's Office, Police, Texas Department of Public Safety, Thomson Locations: Parkland , Florida, U.S, Florida, Broward County, Parkland, United States, Uvalde , Texas

☆ MLB roundup: Yankees blast A's in Aaron Judge's return
▼ + stars: | 2023-05-10 | by ( ) www.reuters.com time to read: +12 min

Jake Bauers capped the inning by lifting a sacrifice fly, and he later hit a two-run homer in the seventh. Miguel Vargas had a two-run homer and Mookie Betts and Will Smith had solo homers for the Dodgers. Tom Murphy added a two-run homer as Seattle won for the seventh time in its past nine games. Luzardo (3-2) allowed just one run on seven hits and struck out five while walking two. All six Miami runs were credited to Pfaadt (0-1), who came into Tuesday's contest with a 13.50 ERA after allowing seven runs in his only other appearance.

☆ MLB roundup: Padres go back-to-back in 9th, edge D-backs
▼ + stars: | 2023-04-04 | by ( ) www.reuters.com time to read: +11 min

The A's were down 10-8 when Seth Brown followed a walk to Aledmys Diaz with a two-run homer off Guardians closer Emmanuel Clase in the last of the ninth. Angels 7, Mariners 3Shohei Ohtani and Taylor Ward hit two-run homers as Los Angeles defeated host Seattle. Yankees 8, Phillies 1Anthony Rizzo ignited a five-run fifth inning with a two-run homer, and host New York cruised to victory over Philadelphia. His counterpart, Jose Berrios (0-1), allowed eight runs, nine hits and two walks while striking out seven in 5 2/3 innings. Ozzie Albies hit a two-run homer and Austin Riley had a solo shot for the Braves, who have won three of four games to start the season.

☆ How representation of Black artists in galleries, museums is changing
▼ + stars: | 2023-02-25 | by ( Lorie Konish | ) www.cnbc.com time to read: +6 min

"There's a lot more support for Black artists that kind of came out of George Floyd's murder and institutions realizing that they need to do more," Peterson said. Saul Loeb | Afp | Getty ImagesThe market for work by Black American artists grew by nearly 400% between 2008 and 2021, according to a recent report from art market website ArtNet. Acquisitions of work by Black American artists peaked in 2015, two years after the start of the Black Lives Matter movement. "My impression is there are vastly increased number of solo shows and group shows dedicated to Black artists in London, in Paris, in New York, across the United States," Elliott said. Works from established artists like Kerry James Marshall that depict Black figures are influencing the work of new artists and creating a lineage, Elliott noted.

☆ My blog that I started as a side gig made 6 figures in revenue last year — and it's helped me pay off $40,000 of debt
▼ + stars: | 2023-01-15 | by ( Latasha Peterson | ) www.businessinsider.com time to read: +9 min

Latasha Peterson started her blog, Arts and Budgets, in 2016 to help people find ways to earn money. How can I help my target audience with my product and services this month? Should I create a new product or service to help my target audience on a deeper level? What do you want to accomplish in the next three to six months with your side hustle or blog business? Consistency has also helped me develop relationships with my target audience, brands, and collaborators, which has helped my blog become profitable.

☆ China will see continued weakness in 2023 consumer spending, says Peterson's Nicholas Lardy
▼ + stars: | 2022-12-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina will see continued weakness in 2023 consumer spending, says Peterson's Nicholas LardyNicholas Lardy, Peterson Institute for International Economics, joins 'The Exchange' to discuss China reopening and the U.S. reaction.

☆ Jefferies: REITs sector is at an interesting crossroads— here's why
▼ + stars: | 2022-12-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJefferies: REITs sector is at an interesting crossroads— here's whyJonathan Peterson, Jefferies managing director, joins 'Power Lunch' to discuss Peterson's thoughts on real estate investment trusts, the subtypes within the hospital sector and more.

☆ Scott Peterson is denied a new trial in the death of his pregnant wife
▼ + stars: | 2022-12-20 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +1 min

Convicted murderer Scott Peterson was denied a new trial in the 2002 death of his pregnant wife, Laci Peterson, a judge has ruled. The decision comes more than a year after the California Supreme Court ordered Superior Court Judge Anne-Christine Massullo to consider whether juror misconduct denied Peterson a fair trial. Nice, who co-wrote a book about the case with other jurors, has denied that she was influenced by her personal experiences. His sentence was overturned by the California Supreme Court in 2020. Laci Peterson, 27, was eight months pregnant with their son, Conner, when she was killed in December 2002, five years after she and Peterson married.

☆ A 26-year-old who makes up to $107,000 in revenue a month selling on Amazon shares the top 5 tips that help rank his products on the first page
▼ + stars: | 2022-12-10 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

Trevin Peterson says getting your product on the first page of Amazon is important. In 2017, Trevin Peterson, who's now 26, began selling miscellaneous products on Amazon while having a full-time job working for his dad's construction company. And so in the very beginning, you're just targeting your most relevant keywords," Peterson said. Using the competitor product's Amazon Standard Identification Number (ASIN), he can pull up a list of the keywords his competitors are ranking high for. As his product gets more sales and reviews, it will begin to rank higher.

☆ Musk says Twitter reinstates banned users Griffin, Peterson; no decision on Trump yet
▼ + stars: | 2022-11-18 | by ( ) www.reuters.com time to read: +1 min

Nov 18 (Reuters) - Twitter has reinstated the accounts of U.S. comedian Kathy Griffin and academic Jordan Peterson, Elon Musk said on Friday, adding that a decision to bring back former U.S. President Donald Trump's account is yet to be made. Musk confirmed the move in a tweet, adding that the account of satirical website Babylon Bee was also reinstated. The comment came as Griffin's account was banned earlier this month after the U.S. comedian changed her name to Elon Musk. Twitter had also paused its recently announced $8 blue check subscription service last Friday as fake accounts mushroomed. read moreThe fake accounts purporting to be big brands, included those of Musk's Tesla and SpaceX, as well as Roblox, Nestle and Lockheed Martin.

☆ NFL roundup: Vikings prevail in OT thriller vs. Bills
▼ + stars: | 2022-11-14 | by ( ) www.reuters.com time to read: +9 min

The NFC South-leading Buccaneers (5-5), who entered last in the league with an average of 61 rushing yards per game, exceeded that by 100. Chiefs 27, Jaguars 17Patrick Mahomes threw four touchdown passes to four different receivers as Kansas City captured a win over visiting Jacksonville. Aaron Rodgers threw three touchdown passes to rookie Christian Watson, and the Packers rallied from a 14-point, fourth-quarter deficit to spoil Mike McCarthy's return to Lambeau Field. Jimmy Garoppolo had 240 yards passing and a rushing TD for the 49ers (5-4). After missing a game because of a hamstring issue, 49ers wideout Deebo Samuel had two receptions and 27 yards rushing.

☆ Elon Musk says he'll be 'digging' into shadowbans on his first day at Twitter as conservatives urge him to overturn their previous punishments
▼ + stars: | 2022-10-28 | by ( Sam Tabahriti | Sophia Ankel | ) www.businessinsider.com time to read: +3 min

Elon Musk tweeted on Friday that he will be "digging" into shadowbans as he takes over Twitter. Right-wing politicians and pundits have started calling on Musk to make changes to Twitter. "As of now, I'm still Shadowbanned, ghost banned, search banned, and Twitter removed 1200 followers today - as usual," Catturd, whose identity is not known, posted on Friday. Conservative commentators Piers Morgan and Ben Shaprio have both asked Musk to restore controversial Canadian psychologist Jordan Peterson's account. Even the editor-in-chief of the pro-war, Kremlin-funded Russia Today channel asked Musk for help.

☆ Elon Musk says he'll be 'digging' into shadow bans on his first day at Twitter as conservatives urge him to overturn their previous punishments
▼ + stars: | 2022-10-28 | by ( Sam Tabahriti | Sophia Ankel | ) www.businessinsider.com time to read: +3 min

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