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With the Fed, Apple earnings and the jobs report passing with flying colors this week, the runway to more gains looks a lot less cluttered. This past week was chock full of Club earnings: 12 portfolio companies, including Apple , delivered results. Analysts expect Wynn's earnings per share of $1.27 versus 29 cents a year ago when China was not fully back from Covid. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jerome Powell, we're, Jim Cramer, Jim, Apple, Eli Lilly, Estee Lauder, Stanley Black, Decker, Bausch, FactSet, It's, Bob Iger, Iger, Nelson Peltz, We're, Krystal, Berkshire Hathaway, Tyson, Jones Lang, Walt, Ferrari N.V, WK Kellogg, Wynn, Vishay, CRON, MARA, RICK, Ginkgo, Jim Cramer's, David Paul Morris Organizations: Federal Reserve, Apple, GE Healthcare, DuPont, Linde, Bausch Health, Coterra Energy, Club, Disney, Wynn Resorts, CNBC, Revenue, Vegas Sands, Cotai, Boston, Airlines, Krystal Biotech, Alpha Metallurgical Resources, Axsome Therapeutics, Tyson Foods, TSN, Bowlero Corp, CNA Financial Corp, CNA, Jones Lang LaSalle Incorporated, Technologies, Realty Income Corp, Lab, Teradata Corp, Technology, FMC Corporation, FMC, Paymentus Holdings, Shockwave, Vertex Pharmaceuticals, Goodyear Tire & Rubber Company, Simon Property Group, Sterling Construction Company, Apple Hospitality, Boise Cascade Corporation, BellRing Brands, Coty, COTY, Fidelity National Information Services Inc, Vornado Realty, Walt Disney Co, Holdings, Madrigal Pharmaceuticals, Nikola Corporation, BP, Rockwell Automation, MarketAxess Holdings, Jumia Technologies, GEO Group, Builders FirstSource Inc, Duke Energy Corp, WYNN, Rivian Automotive, Arista Networks, Occidental Petroleum Corp, Astera Labs, Bros, Flywire Corporation, B2Gold Corp, Kinross Gold Corp, Virgin Galactic Holdings, iRobot Corp, Electronic Arts Inc, McKesson Corp, ACM Research, Avadel Pharmaceuticals, Toyota Motor Corp, Emerson Electric Co, Perion, Editas, Brink's Company, Sinclair Corporation, New Fortress Energy, Starwood Property Trust, Animal Health, ELAN, Farms, IM Cannabis Corp, Fox Corporation, Formula One, Icahn Enterprises, Teva Pharmaceutical Industries, Arm Holdings plc, ARM, AMC Entertainment Holdings, Trade, AppLovin Corporation, Sciences Corp, SolarEdge Technologies, Roblox Corporation, GigaCloud Technology Inc, Warner Bros ., Properties Trust, Growers, Constellation Energy Group, Cronos, Fiverr, Solar Inc, EPAM Systems, Cedar Fair Entertainment, Digital Holdings, RCI Hospitality Holdings, Akamai Technologies, Semiconductor, Insulet Corp, NuScale Power Corporation, Ginkgo Bioworks Holdings, Bloom Energy Corporation, Construction, AMC Networks, CRH Public Ltd . Company, Jim Cramer's Charitable, Allen, Co . Media, Technology Conference, Bloomberg, Getty Locations: China, Eaton, Amazon, Covid, Macao, Vegas, Sun Valley , Idaho
Seoul, South Korea CNN —North Korea on Thursday showed off its long-range artillery systems, thousands of weapons that it could use to strike the South with little warning while causing tens of thousands of casualties, according to experts. North Korean leader Kim Jong Un observed both drills and was seen in photos provided by state media. North Korean artillery fires during large-scales exercises on March 7. Even retaliatory strikes by South Korea and the US would be difficult to execute, the report said. In January, Kim called the South the North’s “primary foe and invariable principal enemy” and ordered a reunification monument in the North Korean capital to be demolished.
Persons: Kim Jong, Kim Jong Un, Kim, , KCNA Kim, Organizations: South Korea CNN, South Korean, Korea’s Defense, Monday, North, Korean Central News Agency, Korean People's Army, South Korean Defense Ministry, Peninsula . Artillery, RAND Corp, RAND, ROK, DPRK, U.S, South Locations: Seoul, South Korea, North Korea, United States, Pyongyang, Ukraine, Russia, Korean, Republic of Korea
All three major averages posted gains for the third consecutive week, lifted by solid quarterly earnings and positive economic data. Earnings season ramps up next week, with five of the Super Six mega-cap stocks delivering results. Employment numbers are the most important economic data, with Friday's January nonfarm payrolls report carrying the most weight. The January ISM Manufacturing report on Thursday and December's factory orders report Friday are expected to show the sector still in contraction mode. But earnings and commentary this week from peer Sartorious made us encouraged about a return to growth in 2024.
Persons: nonfarm, December's, Sartorious, We've, Stanley Black, Decker, We're, We'd, Royal Philips, Crane, Woodward, ServisFirst, Cadence Bancorporation, CADE, Johnson, Phillips, Avery Dennison, Columbus McKinnon, Robinson, SIRI, Cardinal Health, Parker, DOV, Pitney Bowes, Ferrari N.V, CSW, COLM, W.W, Grainger, Dwight Co, Jim Cramer's, Jim Cramer, Jim, Tim Cook, Justin Sullivan Organizations: Gross, Procter, Gamble, Gillette, Super, Consumer, JPM Healthcare, Amazon, Microsoft, Honeywell, Aerospace, Solutions, Apple Watch, Masimo, Vision Pro, Franklin Resources, Resource Partners, Bank of Marin Bancorp, Bank7 Corp, Pacific Premier Bancorp Inc, Provident Financial Holdings, Dynex, Cliffs Inc, Nucor Corp, Whirlpool Corp, F5 Networks, Capital Southwest Corp, Harbors Investment Corp, Crane Co, Payne, Equity, Heartland Financial, Cadence, FinWise Bancorp, Five Star Bancorp, PotlatchDeltic Corporation, Sanmina Corporation, Pfizer, General Motors Corp, United Parcel Service, JetBlue Airways Corporation, Smith Corp, Marathon Petroleum Corp, HCA Healthcare, Oshkosh Corporation, SYSCO Corp, Danaher Corp, Johnson Controls, M.D.C . Holdings, Commvault Systems Inc, Hope Bancorp, Hubbell Incorporated, Malibu Boats, Polaris Industries, Inc, Camden National Corp, Cambridge Bancorp, Microsoft Corp, Starbucks Corp, Devices, Electronic Arts Inc, Juniper Networks, Stryker Corp, Lending, Canadian, Canadian Pacific Kansas City Limited, Mondelez, Chubb Corporation, Modine Manufacturing, Partners, Management, Hawaiian Holdings, Manhattan Associates, Unum Group, UNM, Axos, Enova, Boston Properties, Boeing Co, Novo Nordisk, Mastercard Inc, Roper Technologies, Boston Scientific Corporation, MarketAxess Holdings, Fisher, Aptiv PLC, Hess Corp, Nasdaq, United Microelectronics Corp, Rockwell Automation, Teva Pharmaceutical Industries, Ltd, Avery, Avery Dennison Corp, Extreme Networks, Otis Worldwide Corporation, OTIS, Columbus, Columbus McKinnon Corp, Central Pacific Financial Corp, Brinker International, Fortive Corporation, Qualcomm, Technology, Metlife, Hanover Insurance, Barn Holdings, CONMED Corporation, DLH Holdings Corp, Meritage Homes Corporation, Honeywell International, Eaton Corp, Altria, Royal Caribbean Cruises Ltd, Merck, Co, Enterprise Products Partners, Dorian LPG, SiriusXM Holdings, Cardinal, Hannifin Corporation, Allegheny Technologies Incorporated, Tractor Supply Company, Trane Technologies, Dover Corp, Huntington Ingalls Industries, Brunswick Corporation, Dickinson, Canada Goose Holdings, Kirby Corp, WEC Energy Group, WestRock Company, Allegro MicroSystems, Ball Corporation, Broadridge Financial, BrightSphere Investment Group, CMS Energy Corp, Lancaster Colony Corp, Rogers Communications Inc, Sanofi, Apple, Atlassian Corporation, United States Steel Corp, Corp, Adtalem Global, Homes, DXC Technology Company, Eastman Chemical Company, Gen, Post Holdings, America, Columbia Sportswear Company, Exxon Mobil Corp, Chevron Corporation, Myers Squibb Co, CIGNA Corp, Regeneron Pharmaceuticals, Charter Communications, AON, Cboe, Dwight, Banco Santander, Jim Cramer's Charitable, CNBC, Apple Vision, Getty Locations: China, East, United States, Europe, Cleveland, Alexandria, California, Corning, Canadian Pacific, Teradyne, TER, Novo, Hanover, PBI, Skechers U.S.A, Bristol, Chile
The Kim family, beginning with Kim Il Sung, has ruled North Korea since its post-World War II founding in 1948. It symbolizes the efforts of Kim Jong Il and Kim Il Sung to set guidelines for uniting North and South Korea. South Korea not backing offOn Tuesday, South Korean leader Yoon Suk Yeol said his government will not be cowed by Kim’s latest threats. “If North Korea provokes, we will punish them multiple times as hard,” Yoon said at a Cabinet meeting in Seoul. Yoon, who has taken a much harder line on North Korea than his predecessors, said the South’s quarrel was with the Kim regime, not the people of North Korea.
Persons: Kim Jong Un, , Kim, Kim Jong Il, Kim Il, Kim Il Sung, , Kim Jong, Jeong Eun, National Reunification ’ …, , ” Kim, KCNA, Leif, Eric Easley, “ Kim, ” KCNA, Yoon Suk Yeol, ” Yoon, Yoon Organizations: South Korea CNN — North, People’s Assembly, North Korean, Korea Institute for National Unification, National Reunification, Ehwa University, Democratic People’s, North, CNN, National Economic Cooperation Bureau, Kumgangsan, Tourism Administration, ROK, DPRK, United Nations, NLL Locations: Seoul, South Korea, Pyongyang, North Korea, North, Democratic People’s Republic of Korea, DPRK, North Korea’s, Republic of Korea, Korean, Korea, South
Seoul, South Korea CNN —North Korea said Thursday it will deploy new military hardware along the military demarcation line that separates it from the South after Seoul partially pulled back from a 2018 agreement designed to ease tensions along the border, state-run media reported. In response to the North Korean buildup, the US and South Korea – along with Japan – have stepped-up their military cooperation via exercises and deployments that Pyongyang sees as a threat. Earlier this week North Korea denounced the US for its potential sales of advanced missiles to Japan and military equipment to South Korea, calling it “a dangerous act” in a report from KCNA. North Korea said it was “obvious” who the offensive military equipment would be aimed at and used against. Pyongyang also said that South Korea will be held “wholly accountable” for clashes that may break out between the two Koreas.
Persons: Moon Jae, Kim Jong, Kim, , ” KCNA Organizations: South Korea CNN, Inter, Korean, South, South Korea –, North Korea’s Defense Ministry, ROK Locations: Seoul, South Korea, Korea, North Korea, Pyongyang, Panmunjom, Washington, Japan, KCNA . North Korea, Republic of Korea
A North Korean flag flutters at the propaganda village of Gijungdong in North Korea, in this picture taken near the truce village of Panmunjom inside the demilitarized zone (DMZ) separating the two Koreas, South Korea, February 7, 2023. Russia and North Korea have denied arms deals but have promised deeper cooperation, including on satellites. South Korea resumed the use of crewed and uncrewed reconnaissance aircraft in the border area on Wednesday, Yonhap news agency reported. Critics have said that the pact weakened Seoul's ability to monitor North Korea, and that Pyongyang had violated the agreement. South Korea has said the North Korean satellite was believed to have entered orbit, but it would take time to assess whether it was operating normally.
Persons: Kim Hong, Kim Jong Un, Vladimir Putin, Moon Jae, Moon Chung, Moon, Kim, Critics, Bruce Klingner, Klingner, Soo, hyang Choi, Josh Smith, David Brunnstrom, Sonali Paul, Ed Davies, Gerry Doyle Organizations: REUTERS, Rights, North, ., U.S . Department of State, CMA, ROK, South Korean, Yonsei University, CIA, U.S, Heritage Foundation, North Korean, Thomson Locations: Gijungdong, North Korea, Panmunjom, South Korea, Rights SEOUL, Seoul, Russia, Pyongyang, . North Korea, Korea, Washington
SEOUL, South Korea (AP) — The United States and South Korea on Monday updated a bilateral security agreement with the aim of more effectively countering North Korea’s evolving nuclear and missile threats. U.S. Defense Secretary Lloyd Austin was in Seoul for annual security talks with South Korean military officials, including Defense Minister Shin Won-sik, which were focused on boosting nuclear deterrence against North Korea. They agreed to start as planned a real-time information sharing arrangement on North Korean missile launches in December. They also agreed to set up multiyear plans in coming weeks to enhance their trilateral military exercises, South Korea’s Defense Ministry said. U.S. and South Korean officials have accused North Korea of providing munitions and military equipment to Russia to help boost its war in Ukraine.
Persons: Lloyd Austin, Shin Won, Austin, Shin, ” Austin, Yoon Suk, Minoru Kihara, Yoon, , Moon Jae, Kim Jong Un, Antony Blinken, Kim Organizations: Korean, U.S . Defense, South Korean, Defense, Austin, ROK, South, Japanese, Korea’s Defense Ministry, Shin, U.S, United Nations Command, Foreign Locations: SEOUL, South Korea, United States, Seoul, Japan, North Korea, Ukraine, Korean, Republic of Korea, U.S, South Korean, Washington, Hamas, Korea, Israel, Russia, South, Pyongyang, Moscow . U.S, Austin
[1/3] A banner commemorating the 70th anniversary of the ROK-U.S. alliance hangs at the U.S. Embassy in Seoul, South Korea, October 24, 2023. The information campaign is intended to "heighten the public's understanding of the South Korea-US alliance", the culture ministry told Reuters. The South Korean embassy in the United States staged a fashion show last month marking the anniversary, with models in traditional Korean dresses featuring South Korean and U.S. flags. SOFT POWERSouth Korea's showcasing of its U.S. ties comes after rival North Korea has been making much of its relations with its old partner, Russia. Lee Gyu-tag, an associate professor of global affairs at George Mason University Korea, said South Korea was trying to tap into pop culture to bolster support for the alliance but it risked a backlash.
Persons: Kim Soo, Donald Trump, Yoon Suk Yeol, Joe Biden, Kim Jong Il, Vladimir Putin, Lee Gyu, Lee, Hyunsu Yim, Robert Birsel Organizations: ROK, U.S, Embassy, REUTERS, Rights, South, Reuters, Korean, . U.S, George Mason University Korea, Gallup, Thomson Locations: Seoul, South Korea, Rights SEOUL, North Korea, U.S, South Korean, United States, Korea, Russia, South, Ukraine, ., Gallup Korea
But Hwang In-tae, who is the first Asian staff referee in the NBA, wouldn’t have it any other way. Stephen Gosling/NBAE/Getty ImagesRoute to the topJust like unearthing a future NBA or WNBA star, there is a scouting group to find potential standout NBA referees. Hwang (right) and Shin (middle) before a game at the 2014 Incheon Asian Games with fellow FIBA referee Kim Cheong-soo (left). Courtesy Shin Gi-rokAnd Shin believes that Hwang’s rise will prove to be motivation for others in similar positions to him. “There are few new referees at the Korea Basketball Association right now saying that their goal is to become an NBA referee.
Persons: CNN — You’ve, Hwang, Shin Gi, ” Shin, Shin, , , It’s, Hwang officiates, Stephen Gosling, nbaofficials.com, He’s, ” Hwang, Star Charles Barkley, ” Barkley, CNN’s Chris Wallace, They’re, Both Hwang, Kim Cheong Organizations: CNN, NBA, rok, Busan University of Foreign Studies, CNN Sport, America, Connecticut Sun, Washington Mystics, Korean Basketball League, Olympics, Summer, FIBA, International Basketball Federation, G League, G, WNBA, Washington Post, Star, , Korean Basketball Association, Incheon, Games, Korea Basketball Association Locations: South Korea, Shin, North America, Spain, Incheon, Masan
Fortive cuts full-year profit forecast
  + stars: | 2023-10-25 | by ( ) www.reuters.com   time to read: +1 min
Oct, 25 (Reuters) - Fortive (FTV.N), whose industrial measurement equipment and software-enabled automation are used in a range of industries, cut its full-year profit forecast on Wednesday due to inflationary pressures and ongoing supply chain snarls. The company, whose technology is used in industries ranging from hospitals to construction and broadcast to food, now expects full-year earnings per share of $2.30 to $2.33. It had forecast earningws of $2.38 to $2.44 per share earlier. Fortive, like its peers Emerson Electric Co (EMR.N) and Rockwell Automation (ROK.N), has benefited from companies revamping their facilities as labor gets expensive. Reporting by Abhinav Parmar and Nathan Gomes in Bengaluru; Editing by Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.
Persons: Emerson, Abhinav Parmar, Nathan Gomes, Savio D'Souza Organizations: Emerson Electric Co, Rockwell Automation, EA, Automatik Holdings, Thomson Locations: Bengaluru
SEOUL, Sept 26 (Reuters) - South Korea kicked off its first large-scale military parade in a decade on Tuesday, with weapons ranging from ballistic missiles to attack helicopters due to roll through Seoul in a show of force as it takes a tougher stance against North Korea. "If North Korea uses nuclear weapons, its regime will be brought to an end by an overwhelming response from the ROK-U.S. alliance," Yoon said while addressing troops in the rain. South Korea last held a military street parade in 2013. The event will also feature a joint flyover by South Korean and U.S. military aircraft to demonstrate an "upgraded" combined defence posture, the ministry said. Yoon has said that if Russia helped North Korea enhance its weapons programs in return for assistance for its war in Ukraine, it would be "a direct provocation".
Persons: Kim Jong, Yoon Suk Yeol, Yoon, Hyunmoo, Kim Jong Un, Vladimir Putin, Soo, hyang Choi, Hyunsu Yim, Jack Kim, Gerry Doyle Organizations: North, country's Armed Forces, Seoul Air Base, ROK, Defence Ministry, The Armed Forces, SAM, KF, South Korean, Thomson Locations: SEOUL, South Korea, Seoul, North Korea, Pyongyang, Korea, South, Seoul . South Korea, Washington, Tokyo, Seongnam, U.S, Russia, Ukraine
US officials believe the two will discuss North Korea giving weapons to Russia for its war in Ukraine. North Korea boast a fearsome artillery and ammo arsenal that would boost Russia's dwindling supply. With a clear need for firepower and a dwindling group of allies to get it from, Russia is turning to North Korea. But most experts assess that there would be a severe response from Seoul and Washington if North Korea followed through on its threats. North Korea leader Kim Jong Un observes artillery fire competition in North Korea.
Persons: Kim Jong, Putin, it's, Kim Jong Un, Vladimir Putin, It's Kim's, Rand, It's, Sergei Shoigu, Kim, Shoigu, John Kirby Organizations: Service, Democratic People's, BBC, Korean People's Army, REUTERS, Rand Corp, International Institute for Stratetic Studies, ROK, DPRK, Russian Defense, North, National Security Locations: Russia, Korea, Ukraine, North Korea, Wall, Silicon, Moscow, Democratic People's Republic of Korea, North, Korean, Seoul, South Korea, Republic of Korea, United States, counterfire, Washington, Pyongyang
The process to bring the Americans home began to move forward in mid-August with the release of four Americans into house arrest. “The transfer requires the involvement of financial institutions from Germany, Ireland, Qatar, the ROK, and Switzerland,” he wrote. The waiver, which Blinken approved on Friday, will allow those institutions to transfer the money to the accounts in Qatar without worry of invoking US sanctions. Namazi, Tahbaz, and Shargi have all been detained in Iran for years. CNN reported on those details following the release of Namazi, Tahbaz, Shargi and a fourth American into house arrest in mid-August.
Persons: CNN —, Biden, Antony Blinken, , Blinken, Morad, Emad Shargi, we’ve, “ It’s Organizations: CNN, US State Department, CNN –, ROK, Associated Press Locations: Qatar, Iran, Germany, Ireland, Switzerland, United States, American, Washington, Tehran
KCNA via REUTERS Acquire Licensing RightsSEOUL, Aug 31 (Reuters) - North Korea conducted a simulated "scorched-earth" nuclear strike on targets across South Korea, state media reported on Thursday, in reaction to allied exercises that it said amounted to plans for a preemptive nuclear attack by the United States. ROK is the initials of South Korea's official name, the Republic of Korea. North Korea fired two short-range ballistic missiles into the sea on Wednesday, South Korea's military said, hours after the U.S. deployed B-1B bombers for allied air drills. South Korea's presidential office convened a security meeting after North Korea's late-night launch, which followed its second failed attempt last week to put its first spy satellite into orbit. Japan will intercept North Korea's missiles if they fly over Japan's territory, Japan's Chief Cabinet Secretary Hirokazu Matsuno said.
Persons: North Korea's, Fumio Kishida, Hirokazu Matsuno, Kim Jong Un, KCNA, Kim Jong, Kim, Soo, hyang Choi, Josh Smith, Kantaro Komiya, Kiyoshi Takenaka, Satoshi Sugiyama, Stephen Coates, Gerry Doyle Organizations: Korean People's Army, North, Korean Central News Agency, Reuters, KCNA, REUTERS Acquire, Rights, ROK, U.S, Thomson Locations: North Korea, Rights SEOUL, South Korea, United States, Republic of Korea, Japan, Pyongyang, U.S, Korea, Seoul, Kantaro, Tokyo
[1/4] Missiles from tactical nuclear operation unit of the western district of the Korean People's Army are launched at an undisclosed location in North Korea in this picture released by North Korea's Korean Central News Agency (KCNA) and obtained by Reuters on August 31, 2023. KCNA via REUTERS Acquire Licensing RightsSEOUL, Aug 31 (Reuters) - North Korea conducted a simulated "scorched-earth" nuclear strike on targets across South Korea, state media reported on Thursday, in reaction to allied exercises that it said amounted to plans for a preemptive nuclear attack by the United States. "The KPA staged a tactical nuclear strike drill simulating scorched-earth strikes at major command centers and operational airfields of the 'ROK' military gangsters on Wednesday night," it said, using initials of South Korea's official name, the Republic of Korea. North Korea fired two short-range ballistic missiles into the sea on Wednesday, South Korea's military said, hours after the U.S. deployed B-1B bombers for allied air drills. The latest launch came a day before South Korea and the U.S. wrap up 11 days of combined military drills, which Pyongyang has long denounced as a war rehearsal.
Persons: Kim Jong Un, KCNA, Soo, hyang Choi, Josh Smith, Stephen Coates Organizations: Korean People's Army, North, Korean Central News Agency, Reuters, KCNA, REUTERS Acquire, Rights, Staff, ROK, U.S, Thomson Locations: North Korea, Rights SEOUL, South Korea, United States, Republic of Korea, U.S, Pyongyang
While this reads through positively for spot BTC ETF approvals, it remains unclear if this will be a net positive for Coinbase's P & L." Citi reiterates FedEx as a top pick Citi said FedEx has "parcel pricing power." Wells Fargo reiterates Spotify as buy Wells said it's standing by its overweight rating on shares of the streaming company. Citi reiterates Apple as buy Citi said it's bullish heading into Apple's iPhone event on Sept. 12. Wells Fargo reiterates Netflix as overweight Wells said it's standing by its overweight rating on the streaming giant. "We initiate coverage of Atour with an Overweight rating and a price target of US$36, implying > 80% potential upside."
Persons: Morgan Stanley downgrades Centene, Morgan Stanley, TD Cowen downgrades Ambarella, Wells, it's, Bernstein, Melius, Guggenheim, Tesla, Evercore Organizations: Wednesday, Barclays, SEC, BTC, Citi, FedEx, UPS, Transports, FLNC's Services, HSBC, Spotify, Apple, Texas, Rockwell Automation, ROK, UW, Netflix, Nvidia, Bank of America, Google, Tesla, Energy Locations: China, Europe, Ohio Utica, Oklahoma
Morgan Stanley downgrades Farfetch to equal weight from overweight Morgan Stanley said it sees limited catalysts ahead for the stock. UBS upgrades Oracle to buy from neutral UBS said Oracle has upside potential. Wells Fargo upgrades Rockwell Automation to equal weight from underweight Wells Fargo upgraded the stock mainly on valuation. UBS reiterates Microsoft as buy UBS said supply chain constraints are manageable for Microsoft. Morgan Stanley reiterates Nvidia as overweight Morgan Stanley said Nvidia's blowout earnings report last week is positive for the AI supply chain. "
Persons: Fargo, Goldman Sachs, Wells Fargo, Goldman, DA Davidson, Davidson, Morgan Stanley downgrades Farfetch, Morgan Stanley, Wells, Bernstein, Airbnb, Palantir, Splunk, Jefferies, Raymond James Organizations: Federal Trade Commission, Amazon, UBS, Oracle, Nvidia, Citi, Verizon, AT, VZ, JPMorgan, Pace, Business, Rockwell Automation, Disney, Microsoft, Bank of America, Jefferies, Holdings, underperform Bank of America, China, NVIDIA, Energy Partners, NextEra Energy Partners Locations: China and Hong Kong, HK, Asia
CNN —Japanese Prime Minister Fumio Kishida vowed to strengthen “trilateral strategic collaboration” with the United States and South Korea during the first-ever stand-alone summit between the three nations’ leaders on Friday at Camp David. During the historic meeting, Kishida emphasized the need to strengthen the partnership between the three nations, with heavy emphasis on the growing nuclear and missile threats from North Korea. “Under such circumstances to make our trilateral strategic collaboration blossom and bloom is only logical and almost inevitable and is required in this era,” he said to the crowd. “The three of us here today declare our determination to pioneer a new era of Japan, US, ROK (Republic of Korea) partnership.”In addition to the shared North Korean missile warning system the three countries have established since last November, Kishida announced new measures to combat aggression in the region. South Korean President Yoon Suk Yeol, US President Joe Biden and Japanese Prime Minister Fumio Kishida attend a joint press conference during the trilateral summit at Camp David on August 18.
Persons: Fumio Kishida, David, Kishida, , Yoon Suk Yeol, Joe Biden, Camp David, Evelyn Hockstein, Reuters Kishida, ” Kishida Organizations: CNN, Japanese, , ROK, , Korean, United Nations Security Council, South, Reuters, Locations: United States, South Korea, North Korea, Japan, US, Republic of Korea, Camp
Most famously, President Jimmy Carter brokered the Camp David accords in 1978 between Egyptian President Anwar al-Sadat and Israeli Prime Minister Menachem Begin. The first foreign leader to visit Camp David, then known as "Shangri-La," was British Prime Minister Winston Churchill who was there for World War Two talks with Roosevelt. Eisenhower, who named Camp David for his father and grandson, would grill steaks for family and friends. One time George W. Bush hosted Russian leader Vladimir Putin at Camp David and introduced Putin to his Scottish terrier, Barney. The seemingly mundane at Camp David can sometimes erupt into major headlines, like the time President George H.W.
Persons: Joe Biden, Vladimir Putin, Biden, David, Camp David, Japan's Fumio, Korea's Yoon Suk Yeol, Franklin Roosevelt, Jimmy Carter, Anwar al, Sadat, Menachem Begin, Winston Churchill, Roosevelt, Churchill, Nikita Krushchev, Dwight Eisenhower, Bill Clinton, Ehud Barak, Yasser Arafat, Arafat, Clinton, ” Clinton, , , Harry Truman, Ronald Reagan, Donald Trump, Eisenhower, George W, Bush, Carter, Putin, Barney, George H.W, Marlin, Marlin Fitzwater, Steve Holland, Heather Timmons, Grant McCool Organizations: U.S, ., ROK, Works Progress Administration, Israeli, British, Cuban Missile Crisis, White, Camp, Thomson Locations: Ukraine, Camp, Thurmont, WASHINGTON, Japan, South Korea, Maryland, U.S, Laurel Lodge, Aspen Lodge, Roosevelt . U.S, Catoctin, Soviet, Russian, Russia
Aug 1 (Reuters) - Rockwell Automation (ROK.N) on Tuesday reported third-quarter sales and profit below expectations after shipping delays impacted its ability to get goods to customers. "This transition impacted the timing of shipments within the second half of the fiscal year," he added. Rockwell Automation earned $3.01 per share on an adjusted basis in the third quarter through June, missing analysts' average estimate of $3.17 per share, based on Refinitiv data. Overall, its sales rose about 14% to $2.24 billion, also below estimates of about $2.3 billion. Reporting by Nathan Gomes in Bengaluru; Editing by Milla NissiOur Standards: The Thomson Reuters Trust Principles.
Persons: Blake Moret, Nathan Gomes, Milla Nissi Organizations: Rockwell Automation, Thomson Locations: Bengaluru
All three major averages advanced for the week, powered by strong mega-cap earnings and favorable inflation data. Looking to next week, earnings season enters its second half with the last of our mega-caps — Apple (AAPL) and Amazon (AMZN) — set to report on Thursday. We'll get a better read on the employment picture on Wednesday with the ADP report and then, more importantly, on Friday's nonfarm payrolls report for July. Thursday after the close brings us to the main events of the week: Earnings from Apple and Amazon. For those looking to review first quarter performance ahead of these releases, be sure to keep our first-quarter earnings report card handy.
Persons: We'll, that's, Stanley Black, Decker, Emerson, Bausch, Leggett, Platt, SIRI, Ares, COLM, PERI, Kraft Heinz, Phillips, Ferrari N.V, Johnson, Robinson, COOK, BUD, Kellogg, Papa, Pitney Bowes, Parker, Trimble, Ziff Davis, Nonfarm, Jim Cramer's, Jim Cramer, Jim, Apple Tim Cook, Kevin Dietsch Organizations: Nasdaq, Dow, Federal Reserve, Federal, ISM Manufacturing, Services PMI, Investors, Caterpillar, Devices, Starbucks, Natural Resources, AMD, Management, Emerson Electric and, Humana, Bausch Health, Apple, Microsoft, Resource Partners, AerCap Holdings, CNA Financial Corp, CNA, Apellis Pharmaceuticals, Bank, SJW, Hutchison China MediTech, Camtek Ltd, Silvercrest Asset Management, Loews Corp, Oxford Lane Capital Corp, Banco Santander, Silicom Ltd, SuperCom Ltd, Arista Networks, Avis Budget Group, Diamondback Energy, Lattice Semiconductor Corp, Republic Services, Yum China Holdings, Western Digital Corp, Power Systems, Tenet Healthcare Corp, Vornado Realty, BioMarin Pharmaceutical, PetMed, SBA Communications Corporation, Brixmor, Snack Foods Corp, Cushman & Wakefield, Sanmina Corporation, TFI, PMI, Cruise Line Holdings Ltd, Uber Technologies, Pfizer, Enterprise Products Partners, Merck, JetBlue Airways Corporation, Allegro MicroSystems, Altria, SunPower Corp, SiriusXM Holdings, Molson Coors Beverage, Marriott International, Toyota Motor Corp, BP, SYSCO Corp, Marathon Petroleum Corp, Ares Management, Equitrans Midstream Corporation, Game Technology, Illinois Tool, IDEXX Laboratories, Rockwell Automation, Packaging International Corp, Gartner, Zebra Technologies Corp, IQVIA Holdings, Oshkosh Corporation, Leidos Holdings, Eaton Corp, yte Corp, Lear Corp, Starbucks Corp, Devon Energy Corp, SolarEdge Technologies, Lumen Technologies, Virgin Galactic Holdings, Caesars Entertainment, VF Corp, Sciences Corp, Paycom, Vertex Pharmaceuticals, Suncor Energy, Holdings, Chesapeake Energy Corp, Boston Properties, American International Group, AIG, Allstate Corp, Aspen Technology, Electronic Arts, EA, Flowserve Corporation, Denny's, Corp, Prudential Financial, Store, Ternium S.A, Vimeo, Emerson, Lomb, CVS Health, Generac Holdings, Cameco Corp, Perion Network Ltd, Builders, Carlyle Group, Scorpio, Teva Pharmaceutical Industries, Ltd, Rithm Capital Corp, AeroSystems Holdings, Vertiv Holdings Co, Johnson Controls, CDW Corp, DuPont, Brands Holdings, Scotts Miracle, Gro, SMG, Brands, Allegheny Technologies, AmerisourceBergen Corporation, ABC, Real Estate Corporation, Adient plc, Editas, Garmin Ltd, WWE, Bunge Ltd, Criteo S.A, PayPal, QUALCOMM, Occidental Petroleum Corp, Apache Corp, Albemarle Corp, MGM Resorts International, MGM, Marathon Oil Corp, Joby Aviation, Industrial, CF Industries Holdings, Goodyear Tire &, Realty ome Corp, Metlife, Pacific Biosciences of, Rush Street Interactive, Zillow, JFrog Ltd, Herbalife Nutrition Ltd, Simon Property Group, McKesson Corp, Storage, Cerus Corporation, GXO Logistics, MAX Holdings, Health, Anheuser, Busch InBev, Warner Bros ., Cheniere Energy, ConocoPhillips, Hasbro, CIGNA Corp, Lantheus Holdings, Regeneron Pharmaceuticals, Fiverr International, Air Products & Chemicals, TopBuild Corp, EPAM Systems, Lightspeed Commerce, Aurinia Pharmaceuticals, Cummins, CMI, Slair Corporation, Starwood Property Trust, Vulcan, Alnylam Pharmaceuticals, New Energy Corp, Cedar Fair Entertainment, Intellia Therapeutics, Lending, Privia Health, Dickinson, Chimera Investment, CIM, Hyatt Hotels Corp, Lion Electric, LEV, Deluxe Corp, Murphy Oil Corp, PBF Energy, Papa John's, Targa Resources Corp, Wix.com Ltd, Apollo Global Management, LLC, Butterfly, Sempra Energy, Aptiv PLC, Brookfield Infrastructure Partners, Canada Goose Holdings, Hannifin Corporation, WESCO International, WCC, Arrow Electronics, Constellation Energy Group, Midstream Partners, Coinbase, Petroleo Brasileiro SA Petrobras, Gilead Sciences, Opendoor Technologies, Booking Holdings, Atlassian Corporation, International, Redfin Corporation, Motorola Solutions, Monster Beverage Corporation, Consolidated Edison, Rocket Companies, Apple Hospitality, Cirrus, Resources, Universal Display Corporation, Chesapeake Utilities Corp, Social, Defense, Security Solutions, Post Holdings, Tandem Diabetes Care, Nikola Corporation, Magna International, Dominion Energy, ACM Research, Frontier Communications, Brookfield Renewable Partners, inTEST Corporation, American Pipeline, TELUS International, XPO Logistics, Fluor Corp, Gray Television, Cboe, LyondellBasell Industries, Twist Bioscience, Global, Jim Cramer's Charitable, CNBC, Allen & Company Sun Valley, Getty Locations: U.S, China, India, Oxford, Chile, Illinois, Columbia, Pacific, Pacific Biosciences of California, Southern, PBI, Gilead, Sun Valley , Idaho
As CNN previously reported, the leaders of South Korea and Japan promised to resume ties in a fence-mending summit in March – the first such meeting in 12 years – as the two neighbors sought to confront threats from North Korea and rising concerns about China. Mutual visits by Japanese and South Korean leaders had been suspended as ties soured over several issues, including a dispute over proper compensation of South Koreans who were forced to work in Japan during the Japanese occupation of South Korea in the early 20th century. In recent years the often fraught relations have undermined efforts by the United States to present a united front against North Korea – and the growing assertiveness of Beijing. The two East Asian neighbors have a long history of acrimony, dating back to Japan’s colonial occupation of the Korean Peninsula a century ago. Biden met with both leaders for a trilateral meeting in May 2023 in Hiroshima, Japan, during the G7 meeting and in June 2022 at the NATO summit in Madrid.
Persons: Joe Biden, Kishida Fumio, Yoon Suk, Camp David, , , David, Biden, Barack Obama, John Kirby, Yoon, Kishida, they’ve, ” Kirby Organizations: CNN, South, Camp, White, DPRK, ASEAN, United States National Security, ROK, Mutual, North Korea –, NATO Locations: United States, Japan, Republic of Korea, South Korea, North Korea, China, Beijing, Hiroshima, Madrid
On Thursday, North Korea's defense minister made a veiled threat about a nuclear first strike. He said the US' latest actions could possibly fall under conditions Pyongyang set for a nuke launch. Kang accused the US and South Korea, whom he called a "military gangsters' group," of crossing a "red line." Kang's threat comes after North Korean dictator Kim Jong Un passed a new "irreversible" law in September officially permitting his government to launch a nuclear first strike. Pyongyang maintained at the time that nuclear weapons would only be used as a last resort.
Persons: Kang Sun, It's, Kang, Yoon Suk Yeol, Kim Jong Un, Kim Organizations: Service, Yonhap News Agency, South, ROK, North Locations: Pyongyang, USS Kentucky, Busan, Wall, Silicon, Washington, Ohio, South Korea, Seoul, North Korean, China, American, North Korea
Seoul, South Korea CNN —For the first time in decades, a nuclear capable US Navy ballistic missile submarine has made a port call in South Korea, in a move that comes just days after North Korea test-fired what it said was a solid-fueled intercontinental ballistic missile. The presence of the Ohio-class ballistic missile submarine in the South Korean port city of Busan was announced by the country’s Defense Ministry on Tuesday afternoon. The NCG is a joint US and South Korean panel set up by the countries’ leaders at a summit in Washington in April. The Nuclear Threat Initiative at the James Martin Center for Nonproliferation Studies estimates that each Trident missile can carry four nuclear warheads, meaning each US ballistic missile submarine could be carrying about 80 nuclear warheads. One arriving in South Korea on a port visit – which must be arranged 24 to 48 hours in advance – would be far more visible, giving North Korea an advantage, Schuster said.
Persons: Kurt Campbell, Kim Yo Jong, Kim Jong Un, , Kim, , James Martin, Joe Biden, Yoon Suk, ” Biden, Biden, Yoon, ” Carl Schuster, ” Blake Herzinger, Schuster, Kim Jong, we’ve, ” Schuster Organizations: South Korea CNN —, North, country’s Defense, US National Security Council, Nuclear Consultative, DPRK, Democratic, Nuclear, James, James Martin Center, Nonproliferation, Trident, South, ROK, US Navy, Pacific Command’s Joint Intelligence Center, Pacific, United States Studies Centre Locations: Seoul, South Korea, North Korea, Ohio, Korean, Busan, Washington, Korea, Democratic People’s Republic of Korea, Pyongyang, United States, Hawaii,
Here's a rapid-fire update on all 35 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Coterra Energy (CTRA): At roughly 10 times forward earnings, Jim said he'd classify Coterra shares as dirt cheap. Estee Lauder (EL): We're downgrading Estee Lauder to a 2 rating Wednesday, meaning we're no longer recommending investors buy the stock at current levels. But we're sticking with Estee Lauder because eventually we expect China's economy to turn around, and with it EL's stock price. The semiconductor firm, which has seen its stock price nearly triple this year, is reportedly considering taking a long-term stake in chip designer Arm Holdings.
Persons: Jim Cramer's, Jim, he's, We're, Walt Disney, Bob Iger, we're, Estee Lauder, Emerson, Locker, Mary Dillon's, Locker's financials, Eli Lilly, Vimal Kapur, Johnson, Morgan Stanley, Morgan Stanley's, he'd, Palo, Laxman Narasimhan, Bud, Stanley Black, Decker, TJX's, Wells Fargo, We've, Wynn, Jim Cramer, Jim Cramer Rob Kim Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Devices, AMD, Investors, Bausch Health, KKR, Costco Wholesale, Costco, Coterra Energy, ESPN, The, Disney, Emerson, National Instruments, Rockwell Automation, Ford, United Auto Workers, GE Healthcare, Halliburton, HAL, Honeywell International, Honeywell, Johnson, Linde, LIN, Novo Nordisk, Meta, Microsoft, Activision Blizzard, Nvidia, Arm Holdings, Palo Alto Networks, Palo Alto, Natural Resources, Procter & Gamble, Constellation Brands, TJX, Wynn Resorts, WYNN, Jim Cramer's Charitable Locations: India, Israel, California, U.S, Corona, Wells, Las Vegas , Boston, Macao
Total: 25