DIRS.INFO The most relevant business & tech news

☆ Live updates: Israel-Hamas war in Gaza, IDF recovers another hostage
▼ + stars: | 2024-05-18 | by ( Adrienne Vogt | Matt Meyer | ) edition.cnn.com time to read: +1 min

Former Israeli defense minister and war cabinet member Benny Gantz attends a meeting with the press in Ramot Naftali, Israel, on October 29. Amir Levy/Getty ImagesFormer Israeli defense minister and war cabinet member Benny Gantz is demanding that the cabinet lays out a plan for the war against Hamas by June 8. Gantz said Prime Minister Benjamin Netanyahu must choose between "victory and disaster" as he issued the ultimatum. Gantz said that to achieve peace between Israelis and Palestinians, Hamas cannot remain in Gaza and must be cleared from Rafah. He acknowledged the harmful impact the war is having on civilians but insisted that “decisiveness” is needed.

Persons: Benny Gantz, Ramot Naftali, Israel, Amir Levy, Gantz, Benjamin Netanyahu, Netanyahu Organizations: Getty Locations: Ramat Gan, Israel, Saudi Arabia, Rafah, Gaza

Sergey Dolzhenko/EPA-EFE/ShutterstockUkrainian President Volodymyr Zelensky, NATO’s Jens Stoltenberg and other European leaders are condemning the attack on Slovak Prime Minister Robert Fico on Wednesday. NATO Secretary General Jens Stoltenberg: "Shocked and appalled by the shooting of Prime Minister Robert Fico. My thoughts are with PM Fico, his family,” she said on X.Ukrainian President Volodymyr Zelensky: "The attack on Slovakia’s Prime Minister Robert Fico is appalling. Italian Prime Minister Giorgia Meloni: "I learned with deep shock the news of the cowardly attack on Slovak Prime Minister Robert Fico. Spanish Prime Minister Pedro Sanchez: “Horrified and outraged at the attack on the Slovak Prime Minister.

Persons: Volodymyr Zelensky, Zuzana Caputova, Sergey Dolzhenko, NATO’s Jens Stoltenberg, Robert Fico, Jens Stoltenberg, Ursula von der, “, Fico, ”, state's, Zelensky, Viktor Orban, ” Orban, Giorgia, Pedro Sanchez, ” Sanchez Organizations: Slovak, NATO, European, Slovakia’s, Spanish, Slovak Prime Locations: Kyiv, Ukraine, Slovakia, Hungarian, Spain

A women looks at photos of hostages held by Hamas in Gaza, on May 1, in Tel Aviv, Israel. Amir Levy/Getty ImagesIsraeli officials believe 128 hostages taken in the October 7 attacks remain in Gaza, and that at least 34 of them are dead. The Israel Defense Forces said Friday that the remains of Elyakim Libman, who had been classified as a hostage in Gaza, were found in Israeli territory. Israel officially considers people to be hostages, even if they are dead, until their remains are returned. Hostage negotiations: A Hamas delegation has arrived in Cairo Saturday to resume hostage and ceasefire talks.

Persons: Amir Levy, Elyakim Libman Organizations: Getty, Israel Defense Forces, Prime, Office Locations: Gaza, Tel Aviv, Israel, Cairo

☆ Apple's China sales in focus ahead of earnings
▼ + stars: | 2024-05-02 | by ( Kif Leswing | ) www.cnbc.com time to read: +5 min

In February, Apple said it expected sales similar to last year's $94.84 billion during the same period and flat iPhone sales. In the December quarter, sales dropped 13% in Greater China, which includes Hong Kong and Taiwan. Analysts polled by FactSet expect $15.25 billion in China regional sales, which would be a 14% year-over-year decline. "In strong iPhone cycles, Apple's China revenues typically grow much faster than Apple overall, as Chinese consumers embrace the new phone," Sacconaghi wrote. Meanwhile, state statistics show iPhone sales falling 33% in February, the second consecutive month of declining shipments.

Persons: Tim Cook, Deirdre O'Brien, Apple, AAPL, Bernstein, Toni Sacconaghi, Sacconaghi, David Vogt, Aaron Rakers, There's, Morgan Stanley, Erik Woodring, Woodring Organizations: Apple, Analysts, FactSet, Huawei, Chinese Communist Party, Counterpoint Research, UBS Locations: China, Greater China, Hong Kong, Taiwan, repurchases

☆ Live updates: Protests at Columbia and other schools continue into day eight
▼ + stars: | 2024-04-24 | by ( Adrienne Vogt | ) edition.cnn.com time to read: +1 min

Protesters continue to maintain the encampment on Columbia University campus on April 24 in New York City, after a tense night of negotiations. Caitlin Ochs/ReutersColumbia University said it has extended negotiations with student activists over the dismantling of the pro-Palestinian encampment that has cast its campus into days of turmoil, a spokesperson for the school said. The statement came just hours after Columbia’s president announced it had given protesters a midnight deadline to reach an agreement or the university would consider “alternative options” to clear the encampment. The talks will now be extended another 48 hours after “important progress” was made, the spokesperson said. As the protests stretch into their eighth day, Columbia President Minouche Shafik has faced numerous calls from donors and lawmakers who believe police should be brought in to clear the encampment and restore order on campus – even as students and faculty are condemning the president’s similar decision last week to ask the New York Police Department to clear another student encampment.

Persons: Caitlin Ochs, Minouche Shafik, ” Organizations: Columbia University, Reuters Columbia University, Columbia, New York Police Department, National Guard, NYPD Locations: Columbia, New York City

Should the Israeli regime commit any military aggression again, Iran's response will assuredly and decisively be stronger and more resolute,” Ambassador Iravani added. Citing self-defense against repeated Israeli military aggressions, Iravani said the strikes were specifically in retaliation to an Israeli attack on April 1 against what Iran says were diplomatic facilities in Damascus. Iran claims the attack violated international law and led to the death of seven Iranian military advisors, including key commanders from the Iranian Revolutionary Guard Corps. The statement also criticizes the United Nations Security Council for “failing to uphold international peace,” allowing Israel to “breach” established international norms and “escalate” regional tensions. However an Israel Defense Forces spokesman told CNN that their intelligence showed the building was not a consulate and was instead “a military building of Quds forces disguised as a civilian building.”

Persons: Amir Cohen, Israel, Amir Saeid Iravani, Iravani, Mohammed Reza Zahedi, ” Organizations: Reuters, Islamic, Representative, Iranian Revolutionary Guard Corps, United Nations Security Council, Revolutionary Guards, Israel Defense Forces, CNN Locations: Ashkelon, Israel, Reuters Iran, Tehran, Syria's, Damascus, “, Islamic Republic of Iran, Iran, Syria, Lebanon, Iranian, Quds

Simpson, center, appears in court on charges which include kidnapping, armed robbery and assault, in Las Vegas, Nevada, in September 2007. Simpson was released from prison in 2017 after serving about nine years of a 33-year sentence for a kidnapping and armed robbery in Las Vegas. In the 2007 robbery, Simpson was part of a group that raided a hotel and casino to steal sports memorabilia from two dealers at gunpoint. Simpson was convicted on charges including kidnapping, armed robbery and assault with a deadly weapon. Simpson was granted an early parole discharge in 2021, according to the Nevada Department of Public Safety.

Persons: O.J, Simpson, Clint Karlsen, pitchman, Nicole Brown Simpson, Ron Goldman Organizations: Nevada Department of Public Safety, NFL Locations: Las Vegas , Nevada, Las Vegas

General Motors' Cruise self-driving vehicle unit will redeploy cars on U.S. roadways for the first time since October, beginning with a small fleet of human-driven vehicles in Phoenix, the company said Tuesday. Cruise said its "goal is to resume driverless operations," however it did not provide a timeline for doing so. The probe also investigated allegations of a coverup by Cruise leadership, but did not find any evidence to support those claims. Prior to the accident, Cruise was planning an aggressive expansion of robotaxis outside its home market, where the majority of its vehicles operated. In addition to the ceasing of operations, Cruise leadership has been gutted: Its cofounders, including CEO and cofounder Kyle Vogt, resigned and nine other leaders were ousted.

Persons: Cruise, We've, Kyle Vogt Organizations: Motors, GM, Cruise, California DMV, California Public Utilities Commission, Traffic Safety Administration, U.S . Department of Justice, U.S . Securities, Exchange Commission Locations: Phoenix, San Francisco, California

☆ Live updates: Baltimore bridge collapse clean up
▼ + stars: | 2024-03-29 | by ( Adrienne Vogt | Leinz Vales | ) edition.cnn.com time to read: +1 min

Maryland officials are moving at "full speed" to accomplish four main priorities in the days following the collapse of the Francis Scott Key Bridge, Gov. Here are the directives mandated by Moore:Continue to keep a focus on recovery efforts. The governor stressed minimizing economic impacts where possible, saying "the health of the Maryland economy and the national economy depends on it." This means families of the people presumed dead, the workers, first responders — “that means everybody,” Moore said. The governor promised to give regular updates on all of these directives but said they will take a long time to accomplish.

Persons: Francis Scott Key, Wes Moore, Moore, —, ” Moore Organizations: Francis Scott Key Bridge Locations: Maryland

☆ Mathilde Collin built a $1.7 billion email startup by the time she was 32. She's now stepping back at an inflection point for Front.
▼ + stars: | 2024-03-25 | by ( Melia Russell | ) www.businessinsider.com time to read: +7 min

And so last fall, Collin kicked off a search for a new board director, to fill in her knowledge gaps. Now, Collin says she will step down as chief executive of Front after her hunt for a board director took an unexpected turn. She will move into an executive chair role on April 15, when O'Connell takes up the mantle as chief executive, Front tells Business Insider exclusively. Known for her sharp wit and radical candor, Collin started the business out of college in her native France. Advertisement"We're at a scale now where the CEO can't come in and sort of wave the proverbial magic wand and make things happen," said Mohammed Attar, Front's chief product officer.

Persons: Mathilde Collin, Collin, Dan O'Connell, O'Connell, Garry Tan, Paul Buchheit, Jack Altman, Kyle Vogt, Cruise, Jeff Lawson, Mohammed Attar, —, Josh Stein, Stein Organizations: Service, Business, Dialpad, Front Locations: San Francisco neighborhood, France, Dialpad

☆ Live updates: 3 killed in Pennsylvania shooting, suspect barricaded in New Jersey with hostages, officials say
▼ + stars: | 2024-03-16 | by ( Adrienne Vogt | Matt Meyer | ) edition.cnn.com time to read: +1 min

Authorities say Gordon, who was driving a stolen vehicle, fatally shot two people who lived at the residence. Following the shooting, Gordon then went to Edgewood Lane, where he fatally shot another individual, according to officials. Officials say Gordon knew all the shooting victims. Police say Gordon was last seen wearing a dark hooded sweatshirt. Police say Gordon is considered extremely dangerous, and anyone who sees him should be asked to contact the authorities.

Persons: JD Mullane, Andre Gordon, Gordon Organizations: USA, Network Pennsylvania, Police, Middletown Township Police Locations: Falls Township, Falls, Levittown, Edgewood Lane, Bristol Pike, Morrisville, Pennsylvania, Trenton , New Jersey, Middletown Township

☆ A look at the true nature of the Chinese cyber threat inside the nation's biggest ports
▼ + stars: | 2024-03-13 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +13 min

But the Biden administration, lawmakers and ports management continue to differ in their views of the true nature of the threat. Kurt Fredrickson, a Coast Guard spokesman, told CNBC via email that even if the software is not Chinese, all software has vulnerabilities, regardless of origin. "Software is everywhere," Gene Seroka, executive director of the LA port, told CNBC in a recent interview at the TPM conference. They warn the crane software concerns are part of a much larger societal risk. He added that regardless of the origin of the crane software and the origin of a crane's manufacturing, there are ways to mitigate cyber risk.

Persons: Biden, Jay Vann, Robert Murray, it's, Kurt Fredrickson, Murray, Carlos Gimenez, Melanie Stambaugh, Greg Ehrie, Doug Vogt, Vogt, Mario Cordero, Noel Hacegaba, Cordero, Gene Seroka, Lucian Niemeyer, Trump, Niemeyer Organizations: CNBC, ABB, Germany's Siemens, Counterterrorism, Law, Intelligence, Homeland Security, U.S . Coast Guard Cyber Command, Biden Administration, People's, Capitol, National Association of Waterfront Employers, Coast Guard, Transportation, Maritime Security, of South Carolina, Northwest Seaport Alliance, USCG, American Association of Port Authorities, New Jersey Port Authority, Siemens, New, Port, Biden, North Carolina Ports, ZPMC, NC, United States Coast Guard, Samsung, U.S . Department of Homeland Security, DHS, U.S . Coast Guard, Security, Defense for Energy, National Security, Management, Maritime Transportation, Joint Force, MTS, Readiness Locations: China, Swiss, People's Republic of China, U.S, of South, China . Port of Long Beach, Tacoma, Seattle, York, New Jersey, New York, Port of New Orleans, of Long Beach, Port of Long, Port of Los Angeles, Port, Oakland, Georgia, Finland, Japan, Taiwan, Europe, Shanghai

Israel Defense Forces fighter jets carried out airstrikes on Hezbollah targets Friday, after the military said it detected several rocket launches from southern Lebanon. "Following the strike on the military post, secondary explosions were identified, indicating that weapons were located inside the post," the IDF claimed. On its Telegram channel, Hezbollah confirmed that the group carried out artillery strikes on Israeli military sites Friday. A senior US official told CNN: "Washington is unaware of the reports of a March 15 deadline. It has also been updated with the details of a report about a possible March 15 deadline for Hezbollah.

Persons: CNN's Zeena Saifi, Becky Anderson Organizations: Israel Defense Forces, IDF, Lebanese, CNN, Hamas Locations: Lebanon, Marwahin, Labbouneh, Israel, Washington, Gaza, Iran

The Hamouda siblings, Kareem, 2, Ella, 6, and Sila, 4, at a pre-school graduation celebration June 15, 2023. Mohammed HamoudaBefore the war, Mohammed Hamouda and his wife, Dina, would stroll along beaches in northern Gaza, where their three young children loved to swim, eat ice cream, and ride camels on the shoreline. “My children used to live a simple life. All day, we have to be by their side,” Hamouda reflected from Rafah, in southern Gaza, where they have fled. “They keep asking me about when we will go back home.”But the family has no home to go back to.

Persons: Kareem, Ella, Mohammed Hamouda, Dina, “, Hamouda, ” Organizations: CNN Locations: Sila, Gaza, Beit Lahia, Rafah

☆ Live updates: The funeral of Alexey Navalny, Russian opposition figure
▼ + stars: | 2024-03-01 | by ( Aditi Sangal | Adrienne Vogt | ) edition.cnn.com time to read: 1 min

Alexey Navalny’s team said his burial ceremony is expected to begin in around an hour at the Borisovsky cemetery in Moscow. The cemetery is roughly 2.5 kilometers away (1.5 miles away) from the church where the funeral took place. That's about a 30-minute walk. People can already be seen arriving at the cemetery and undergoing security checks.

Persons: Alexey Navalny’s Locations: Moscow

☆ Apple dumps electric car to go big into AI. UBS says this is what Tim Cook will unveil this year
▼ + stars: | 2024-02-28 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Apple is probably shutting down its electric car project in favor of some big bets on artificial intelligence, according to UBS. AAPL YTD mountain Apple shares this year The UBS report came after Bloomberg reported on Tuesday that the iPhone maker is reportedly axing its decade-long venture to build an electric vehicle. Among the potential upcoming AI announcements, Vogt is bracing for Apple CEO Tim Cook to debut a new processor in the iPhone 16 supporting AI, and a new AI or large language model feature on the iOS 18 operating system. UBS also anticipated updates to "Siri" and "Messages" that would enable new features, such as summaries of incoming texts. There are some financial downsides to Apple in halting its car venture, Vogt said.

Persons: David Vogt, Vogt, Tim Cook, Siri, — CNBC's Michael Bloom Organizations: Apple, UBS, company's, Bloomberg

☆ Live updates: Kansas City Chiefs Super Bowl parade shooting news
▼ + stars: | 2024-02-15 | by ( Adrienne Vogt | Leinz Vales | ) edition.cnn.com time to read: +1 min

Kansas City shooting survivor Jacob Gooch, Sr., who was shot in the ankle, told "CBS Mornings" on Thursday that he overheard an altercation prior to the mass shooting following a parade and rally for the Super Bowl champions Kansas City Chiefs on Wednesday. Gooch told CBS' Gayle King that before gunfire started, he heard a woman tell a presumed shooter, "don’t do it, not here; this is stupid." Gooch said his wife and daughter then saw a gun being drawn. He told CBS his wife was shot in the calf, while Gooch was shot in the ankle and sustained breaks to a few metatarsal bones in his foot. Gooch did not specify his son’s injuries or provide an update on his son’s medical status.

Persons: Jacob Gooch, Sr, Gooch, Gayle King, “, ”, King Organizations: Kansas City, CBS, Super Bowl, Kansas City Chiefs, Wednesday

“World Series Champions. Bochy noted the challenges in winning one World Series, but also made reference to what the Chiefs accomplished last Sunday. Of the 169 players who became free agents after the World Series, more than half were still without a team when the week began. Molina managed Criollos de Caguas in winter ball and Puerto Rico in the recently completed Caribbean World Series. The Yankees and Brewers swapped relievers with left-hander Clayton Andrews going to New York and right-hander Johan Quezada going to Milwaukee.

Persons: ”, I’ve, Bruce Bochy, Bochy, Chris Young, ” Young, Shohei, Seattle’s Julio Rodríguez, Elly De La Cruz, Ian Happ, ” Happ, “, NL Cy Young, Blake Snell, Cody Bellinger, Matt Chapman, Yasmani Grandal, Shintaro Fujinami, Phil Maton, Scott Alexander, Spencer Turnbull, Tommy John, Craig Counsell, Bob Melvin, Pat Murphy, Mike Shildt, Melvin, Carlos Mendoza, That’s, Stephen Vogt, Terry Francona, Ron Washington, Phil Nevin, Joe Espada, Dusty, ” Espada, I’m, ” MOLINA, Yadier, Molina, Criollos, John Mozeliak, Louis, Peyton Burdick, Burdick, Clayton Andrews, Johan Quezada, Jay Cohen, Stephen Hawkins, Marc Berman, Chuck King, ___ Organizations: Texas Rangers, ”, Rangers, Kansas City Chiefs, Chiefs, Los Angeles Dodgers, San Diego Padres, Dodger, Mariners, Super Bowl . Young Cincinnati, Cubs, NL, New York Mets, Philadelphia, NL Central, Chicago, Brewers, Padres, National League, American, Houston, Louis Cardinals, Puerto, ” Cardinals, Baseball, Cardinals, Marlins, Triple, The Yankees, AP Baseball Locations: Surprise , Arizona, ” Texas, Texas, Seoul, South Korea, Peoria , Arizona, Las Vegas, Goodyear , Arizona, Florida, Arizona, Pittsburgh, Tampa, Oakland, Milwaukee, San Francisco, San Diego, Cleveland, Caguas, Puerto Rico, Miami, Jacksonville, New York

Michel was in a four-man sled piloted by Michael Vogt when it crashed Tuesday during training for this weekend's World Cup races in Altenberg. This weekend's Altenberg races are the last World Cup events prior to the world championships; there is one last World Cup weekend coming in mid-March to Lake Placid, New York. The Swiss team said Vogt “suffered a severe concussion and bruises” and push athletes Dominik Hufschmid and Andreas Haas also had slight injuries. The pair won a World Cup race in December and are third in the season-long standings. Vogt’s four-man bob crew is fourth in that discipline’s World Cup standings.

Persons: Sandro Michel, Michel, Michael Vogt, ” Michel, Training, Greg Cackett, ”, Vogt “, Dominik Hufschmid, Andreas Haas, Chris Spring, Mateusz Sochowicz, Vogt Organizations: —, Michel, Swiss, ” Locations: ALTENBERG, Germany, — Swiss, Altenberg, Dresden, British, Swiss, Winterberg, Lake Placid , New York, Canadian, China

General Motors' troubled robotaxi service Cruise on Tuesday endured a public lashing from a California judge who compared the company to the devious TV character Eddie Haskell for its behavior following a ghastly collision that wrecked its ambitious expansion plans. After a vehicle driven by a human struck a San Francisco pedestrian in early October, a Cruise robotaxi named “Panini” dragged the person 20 feet (6 meters) while traveling at roughly seven miles per hour (11 kilometers per hour). He also reminded Mason that Cruise could still face other repercussions beyond California, with both the U.S. Justice Department and U.S. Securities and Exchange Commission probing the robotaxi service's conduct. But Mason indicated that he is leaning toward letting the case continue through the entire hearing process rather than approving a settlement. Tuesday's hearing came less than two weeks after Cruise released a lengthy report reviewing how the company mishandled things after the pedestrian was hurt.

Persons: Motors, Cruise, Eddie Haskell, Haskell, ”, Robert Mason III, Panini ”, Panini, specter, Mason, Jerry Mathers, ” Mason, Craig Glidden, Glidden, ” Cruise, ” Glidden, didn't, Quinn Emanuel Urquhart, Sullivan, Cruise’s, Kyle Vogt Organizations: Administrative, California Public Utilities Commission, General Motors, Cruise, U.S . Justice Department, U.S . Securities, Exchange Commission Locations: California, San Francisco

☆ Apple analysts are starting to get a bit worried ahead of earnings this week
▼ + stars: | 2024-01-29 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Some Wall Street firms are sounding the alarm on Apple heading into the iPhone maker's earnings after the bell Thursday. Some analysts are bracing for soft iPhone numbers and a potential guide down in March's forecast. AAPL YTD mountain Apple shares year to date Apple's earnings report comes as the technology giant lags its mega-cap peers and the overall market. Apple shares are flat on the year, while the S & P 500 is up 2.5% in that time. Despite these fears, the firm remains bullish on the stock over the long run, sticking with its buy rating.

Persons: Tim Long, Tesla, Long, David Vogt, Apple, William Power, Baird Organizations: Barclays, Apple, UBS, Mar Locations: China

☆ Cruise Says Hostility Toward Regulators Led to Grounding of Its Autonomous Cars
▼ + stars: | 2024-01-25 | by ( Tripp Mickle | Cade Metz | ) www.nytimes.com time to read: +1 min

Cruise, the driverless car subsidiary of General Motors, said in a report on Thursday that an adversarial approach taken by its top executives toward regulators had led to a cascade of events that ended with a nationwide suspension of Cruise’s fleet. The roughly 100-page report was compiled by a law firm that Cruise hired to investigate whether its executives had misled California regulators about an October crash in San Francisco in which a Cruise vehicle dragged a woman 20 feet. The investigation found that while the executives had not intentionally misled state officials, they had failed to explain key details about the incident. The report is central to Cruise’s efforts to regain the public’s trust and eventually restart its business. Cruise has been largely shut down since October, when the California Department of Motor Vehicles suspended its license to operate because its vehicles were unsafe.

Persons: Cruise, Quinn Emanuel Urquhart, Kyle Vogt Organizations: General Motors, California Department of Motor Vehicles Locations: California, San Francisco, Sullivan

Analyst Ronald Epstein downgraded the stock to neutral from buy and lowered his price target to $225 from $255. The new price target implies just 5% upside from Wednesday's close. Analyst Jed Kelly has an outperform rating and $44 price target on shares, implying 14.4% upside potential since Thursday's close. Analyst Wamsi Mohan reiterated his buy rating on the stock and raised his price target to $200 from $170. Analyst Michael Sison lowered his price target to $69 from $85, implying just 7.5% upside from Wednesday's close.

Persons: Hertz, Ronald Epstein, Epstein, — Hakyung Kim, Oppenheimer, Jed Kelly, Kelly, DraftKings, aren't, Wamsi Mohan, Mohan, JPMorgan's Brian Essex, David Vogt, Essex, Vogt, Wells, DuPont Wells, —, Michael Sison, Sison, Kim, Downside, Tesla, Tesla's, Morgan Stanley's Adam Jonas, Jonas, Joseph Spak, inched, TSLA, Spak, Goldman Sachs, Mark Delaney, Dan Levy, Levy, Colin Langan, Langan, Toni Sacconaghi, Bernstein, JPMorgan downgrades, Ryan Brinkman, Fred Imbert Organizations: CNBC, Tesla, EV, Hertz, JPMorgan, Bank of America, Boeing, Alaska Airlines, of America, Federal Aviation Administration, FAA, IBM, UBS, PTI, bps, DuPont, DuPont de Nemours, Barclays, JPMorgan downgrades Hertz Locations: Alaska, Draftkings, Essex, Wednesday's, Wells Fargo, China, 2H24, Europe

☆ UBS names its top stocks for 2024, including this popular retailer
▼ + stars: | 2024-01-20 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Investment bank UBS recently rolled out a slew of stocks the firm says are its best ideas in 2024. CNBC Pro combed through UBS research to find stocks that are must-owns with 2024 underway. They include Target, Teck Resources , General Motors, Dell and CrowdStrike. Dell Dell shares are too cheap to ignore, according to analyst David Vogt, who named the stock his top pick for 2024 in a recent note. Dell "Dell as end mkt recovery & share repo should drive outperformance.

Persons: David Vogt, Vogt, Dell, Teck, Curt Woodworth, Woodworth, Michael Lasser, Lasser, … Organizations: UBS, CNBC, Target, General Motors, Dell, Dell Dell, Teck Resources UBS, Teck Resources Locations: Teck Resources, Teck, CY24

☆ Apple $3,499 Vision Pro headset now available to order ahead of Feb. 2 release
▼ + stars: | 2024-01-19 | by ( Alex Koller | ) www.cnbc.com time to read: +1 min

Preorders for Apple 's $3,499 Vision Pro headset began Thursday morning ahead of its U.S. release on Feb. 2. The Vision Pro is Apple's first new product category since it released the Apple Watch in 2015. Wall Street doesn't expect Apple to sell it in the same quantities as it does its other products, like the iPhone, Apple Watch and Mac, at least not at first. UBS' David Vogt estimates Apple could generate about $1.4 billion in revenue from the Vision Pro in 2024, assuming Apple ships about 400,000 handsets. The entry-level Vision Pro comes with 256GB of storage and the same M2 chip that Apple includes in some of its Macs.

Persons: Morgan Stanley, Erik Woodring, David Vogt, Apple's Organizations: Apple, Apple Watch, UBS, Vision, Worldwide Developers

Search resuls for: "Vogt"

25 mentions found