DIRS.INFO The most relevant business & tech news

☆ China and India still rely heavily on coal, climate targets remain 'very difficult' to achieve
▼ + stars: | 2024-05-14 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +1 min

China and India have not reduced coal generation for electricity, according to a new study, making it harder for Asia's largest carbon emitters to reach their climate targets. While both Asian countries have ambitious plans to cut emissions, heavy reliance on coal — the dirtiest fossil fuel — continues to be the most reliable and affordable way of meet rising electricity demand. The highest increases came from China (+319 TWh) and India (+100 TWh), the study showed. According to the IEA, coal remains the biggest energy source for electricity generation, supplying more than one-third of global electricity. "It will be very difficult to meet targets without a rapid face down in coal.

Persons: Francis Johnson Organizations: Global, Stockholm Environment Institute's Asia Locations: China, India, Stockholm

☆ These 3 ETFs have risen by double-digits every year for the past 5 years
▼ + stars: | 2024-05-14 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Two U.S.-listed ETFs — the SPDR S & P Metals & Mining ETF and VanEck Steel ETF — and the Japan-listed NEXT NOTES Japan Equity High Beta Select 30 ETF have each risen more than 10% every year since 2019. SPDR S & P Metals & Mining ETF The SPDR S & P Metals & Mining ETF (ticker: XME) gives investors broad exposure to the metals and mining segment. The VanEck fund has outperformed the S & P 500 in four of the past five years. NEXT NOTES Japan Equity High Beta Select 30 The NEXT NOTES Japan Equity High Beta Select 30 ETF (ticker: 2068.T-JP) is a smart beta ETF. High beta stocks react with more volatility than the rest of the market.

Persons: SPDR, It's Organizations: CNBC, P Metals, Mining, VanEck Steel, —, Japan, CNBC Pro, Mining ETF, VanEck, NEXT, Nomura Japan Equity Locations: U.S, Japan

☆ A millennial couple invested in a $143,000 vacation home in Bali. It's become the crux of their early retirement strategy.
▼ + stars: | 2024-05-12 | by ( Amanda Goh | ) www.businessinsider.com time to read: +8 min

Rory and Casey Jones built a villa in Bali for 2.287 billion Indonesian rupiah, or about $143,000. AdvertisementFor Rory Jones and his wife Casey, building a house in Bali seemed like a good idea — even though they had never been to Indonesia. The couple, from Tasmania, Australia, dreamed of retiring early, so they spent a lot of time investing in the stock market. Rory and Casey Jones built a villa in Bali. That said, the couple has plans to build more investment properties in Bali in the future.

Persons: Rory, Casey Jones, —, Rory Jones, Casey, Jones, " Jones, videographer, aren't, Propertia Organizations: Service, Global Consulting, Facebook Locations: Bali, Indonesia, Tasmania, Australia, Thailand, Philippines, Portugal, Southeast Asia, Bingin, Uluwatu

Some of the best early Memorial Day mattress discounts are from Leesa, Helix, Bear, Nolah, and Brooklyn Bedding. For even more of this month's best discounts, check out our roundups of the best Mother's Day deals and the best Memorial Day sales. Leesa Memorial Day dealsLeesa Sapira Hybrid Mattress (Queen) $1,499.00 $1,999.00 Save 25% The Leesa Sapira Hybrid Mattress has great edge support and motion isolation. Helix Memorial Day dealsHelix Moonlight Mattress (Queen) $999.00 $1,332.00 Save 25% This mattress is soft and plush and best suited for back and stomach sleepers. Nolah Memorial Day dealsNolah Evolution 15-inch Mattress (Queen) $1,624.00 $2,499.00 Save 35% The Evolution is Nolah's most substantial mattress for total support.

Persons: Leesa, you'll, Nolah Organizations: Business, Luxe Locations: Brooklyn

☆ Japan stocks lead gains in Asia markets as renewed rate cut hopes lift sentiment
▼ + stars: | 2024-05-10 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Cherry trees in bloom near the Nippon Budokan in Tokyo, Japan, on Sunday, April 7, 2024. Bloomberg | Bloomberg | Getty ImagesJapan led gains in Asia-Pacific markets on Friday after stronger-than-expected, year-on-year consumer spending data, and as renewed rate cut hopes by the U.S. Federal Reserve bolster market sentiment. Japan's overall household spending in March fell 1.2% year on year, less than the 2.4% expected by a Reuters poll of economists. However, on a month-on-month basis, household spending rose 1.2%, compared with estimates of a 0.3% drop. Should the index reach the futures level, it would be its highest in about nine months.

Persons: Cherry, Kospi Organizations: Nippon Budokan, Bloomberg, Getty Images Japan, U.S . Federal Reserve, Nikkei Locations: Tokyo, Japan, Asia, Pacific

☆ In Ecuador, Homes That Are Part of the Mountains
▼ + stars: | 2024-05-10 | by ( Michael Snyder | Ana Topoleanu | ) www.nytimes.com time to read: +2 min

Completed in November 2021 for an Andean historian and her husband, who works in environmental remediation, the 3,200-square-foot home hasn’t been obscured by the towering bamboo that rises behind it. Built largely from intersecting beams of laminated timber and slim steel girders, the structure stands like scaffolding among native fruit trees, a bare framework of joists and crossbeams supporting the boxes of steel and wood that contain the home’s rooms. From a distance, it resembles a bird blind — or perhaps the concrete stilts that lift houses in informal settlements over volcanic hillsides around Quito, the Ecuadorean capital 20 miles to the east. But Casa Pitaya is also a direct outgrowth of its site, its scale determined by the length of beams (roughly 32 feet) that the contractors could safely maneuver down the curving dirt drive. The house’s beauty — its warmth, its naked vulnerability — is both incidental and natural, a response to the singular mountain territory from which much of Ecuador’s most provocative new architecture rises.

Persons: José María Sáez, Florencia Sobrero, Martín Real Organizations: Casa, General Locations: Argentina, Real, Quito

☆ Biden administration set to revamp Trump’s tariff program after multi-year review, sources say
▼ + stars: | 2024-05-10 | by ( Kayla Tausche | ) edition.cnn.com time to read: +5 min

Washington CNN —The Biden administration is set to unveil a sweeping restructuring of former President Donald Trump’s trademark tariffs on Chinese imports, according to sources familiar with the matter. “The Biden administration has neutralized China as a campaign issue,” said Hodge, now a managing director at Bully Pulpit International. Tariffs are essentially a tax on US businesses and consumers, adding to the cost of imported goods. More than half of the duties have been collected during the Biden administration. The Biden administration had planned to release the results of the review in advance of the Pittsburgh speech, the sources familiar with the matter said, but ended up delaying the release.

Persons: Washington CNN —, Biden, Donald Trump’s, Joe Biden refines, Trump, Adam Hodge, “, ”, Hodge, –, ” Biden, Janet Yellen, Antony Blinken, Clete Willems, Akin Gump, Willems Organizations: Washington CNN, US Trade Representative, Biden’s National Security Council, US Trade, Treasury, Commerce, Trump, US Customs, “ Steel, Seven, European Union, National Economic Council, EU, European Commission, Treasury Department Locations: China, Pittsburgh, Italy, Puglia

☆ Goldman and JPMorgan see big upside for this under-the-radar steel stock
▼ + stars: | 2024-05-09 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Goldman Sachs and JPMorgan think steel producer Ternium can strengthen its presence in South America resulting in big upside for the stock. JPMorgan has an outperform rating on Ternium stock, with a $54 per share price target which equates to nearly 33% upside from Monday's $40.31 close. Goldman Sachs, meanwhile, is buy rated on Ternium with a $51 per share price target, or about 27% upside moving forward. TX YTD mountain Ternium stock. The firm's $47 per share price target amounts to nearly 17% upside moving forward.

Persons: Goldman Sachs, Goldman, Morgan Stanley Organizations: JPMorgan, U.S Locations: South America, America, Argentina, Brazil, Columbia, Guatemala, Mexico

☆ Opinion: Stormy Daniels turned the tables on the Trump team’s strategy
▼ + stars: | 2024-05-09 | by ( Opinion Norman Eisen | ) edition.cnn.com time to read: +5 min

Trump denies having a sexual encounter with Daniels and has pleaded not guilty. It was expected that the cross would be even tougher today and, indeed, Necheles furiously attacked Daniels from the get-go. In the most pointed back-and-forth of the day, Necheles attacked Daniels’ recollection of the circumstances surrounding her alleged sexual encounter with Trump in 2006. It also reinforced Daniels’ Tuesday testimony that she felt a power imbalance with Trump at the time of the encounter. I interviewed him on these identical facts for the first Trump impeachment and I expect he, like Daniels, will exceed expectations.

Persons: Norman Eisen, “, Donald Trump, Stormy Daniels, Daniels, Susan Necheles capably, Norm Eisen, Necheles, Trump, ” Daniels, I’m, unclothed, ”, Michael Cohen Organizations: CNN, Manhattan, Trump, Prosecutors, Twitter, Facebook

☆ China's imports jump 8.4% in April, exceeding expectations as purchases from the U.S. grow
▼ + stars: | 2024-05-09 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

Aly Song | ReutersBEIJING — China's customs agency released data Thursday that showed exports rose in-line with expectations in April, while imports surged ahead of forecasts. Worldwide, China's exports rose by 1.5% year-on-year in April in U.S. dollar terms, while imports climbed by 8.4%, the data showed. China's exports to ASEAN rose by 8% in April from a year ago, while imports rose by 5%. In April, China's imports and exports of integrated circuits rose from a year ago, the data showed. By volume, China's exports of cars, LCD panel displays and home appliances rose, while exports of cellphones fell slightly.

Persons: Aly Song Organizations: Reuters, CNBC, U.S, Association of Southeast, ASEAN Locations: Yangshan, Shanghai, China, Reuters BEIJING, U.S, Union, Russia, Nations, Vietnam, Mexico

☆ Biden’s Warning Over Rafah Sharpens a Problem for Netanyahu
▼ + stars: | 2024-05-09 | by ( Adam Rasgon | ) www.nytimes.com time to read: +1 min

President Biden’s warning over halting weapons supplies has tightened the bind that Prime Minister Benjamin Netanyahu of Israel faces, as he is increasingly caught between international calls for a cease-fire and right-wing Israeli demands to proceed with a wide-scale invasion of Rafah, in southern Gaza. Mr. Netanyahu, who has insisted over American objections that invading Rafah is necessary, now finds the U.S.-Israel relationship at a moment of crisis that could affect how he conducts the next phase of the war against Hamas. On Thursday, the Israeli leader, alluding to Mr. Biden’s remarks, said in a statement: “If we need to stand alone, we will stand alone. I have said that, if necessary, we will fight with our fingernails. “If we lose the United States with the unbelievable friendship of President Biden, it won’t be forgiven,” he added.

Persons: Biden’s, Benjamin Netanyahu, Israel, Netanyahu, God’s, Biden, ”, Amos Gilead Organizations: Hamas, United, United Nations Locations: Rafah, Gaza, U.S, Israel, United States

☆ Biden Looks to Thwart Surge of Chinese Imports
▼ + stars: | 2024-05-08 | by ( Jim Tankersley | ) www.nytimes.com time to read: +1 min

President Biden is warning that a new surge of cheap Chinese products poses a threat to American factories. China’s lavish subsidies, including loans from state-run banks, have helped sustain companies that might otherwise have folded in a struggling domestic economy. The result is, in many cases, a significant cost advantage for Chinese manufactured goods like steel and electric cars. The U.S. solar industry is already struggling to compete with those Chinese exports. Chinese exports are washing over the continent, to the chagrin of political leaders and business executives.

Persons: Biden Locations: United States, China, Europe, U.S

☆ Atlantis The Royal, Dubai: Inside the Middle East’s ‘best’ hotel
▼ + stars: | 2024-05-07 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +9 min

Atlantis, The Royal Atlantis, The Royal: The double-height bar is perfect for sunset cocktails — although you won't be making your own drinks, as there's a 24-hour bartender ready to make your favorites. Atlantis, The Royal Atlantis, The Royal: The triple-height library provides a secluded space to work, read or relax. Atlantis, The Royal Atlantis, The Royal: The entertainment room is kitted out with a 98-inch LED screen for a home cinema experience. Atlantis, The Royal Atlantis, The Royal: Every room has stunning views — including the marble-clad bathrooms. Atlantis, The Royal Atlantis, The Royal: Guests can enjoy designer amenities made by French fashion house Hermès, as well as bespoke gold toothbrushes, combs and brushes.

Persons: Swedish House Mafia —, there’s, ”, Tom Roelens, There’s, Cabana, Rebecca Cairns, Kendall Jenner, “ We’ve, we’ve, Graff, bathrobes, Jay Z, Louis, Valentino —, “, it’s, Estiatorio Milos, Costas Spiliadis, — Organizations: CNN, Swedish House Mafia, Royal, Atlantis Resorts, Dolce, Gabbana, cabanas, Atlantis, “ Royal, Nobu, —, Chefs, Sky Locations: Dubai, Beyoncé, isn’t, Arabian, Atlantis Royal Dubai

☆ India’s economy and Modi, Ambani, Adani: The three men shaping the next economic superpower
▼ + stars: | 2024-05-07 | by ( Diksha Madhok | ) edition.cnn.com time to read: +13 min

Fellow billionaire Gautam Adani, founder of the Adani group, was also invited. Reliance Industries and the Adani Group are sprawling conglomerates worth over $200 billion each, with established businesses in sectors ranging from fossil fuels and clean energy to media and technology. As a result, these three men — Modi, Ambani and Adani — are playing a fundamental role in shaping the economic superpower India will become in the coming decades. Both Adani and Ambani have become key allies as the country embarks on this revolution. “India cannot grow rich before it becomes old on the back of a few big firms like Adani or Ambani,” he said.

Persons: Mukesh Ambani, Mark Zuckerberg, Bill Gates, Ivanka Trump, popstar Rihanna, David Blaine, Ambani, Gautam Adani, Jeff Bezos, ”, Rohit Lamba, Narendra Modi, — Modi, Adani, Noemi Cassanelli, ’, John D Rockefeller, Vanderbilt, James Crabtree, Modi, Guido Cozzi, Cozzi, Ambani’s, Dhirubhai, helms, Cantor Fitzgerald, Cantor, ’ Ambani, Amit Dave, Hindenburg’s, ferociously, ” Cantor, Modi’s, Prasanna Tantri, Crabtree, Lamba Organizations: New, New Delhi CNN —, Reliance Industries, Pennsylvania State University, Investors, Adani, CNN, Adani Realty, Frick, Astor, Carnegie, Samsung, Hyundai, World Bank . Coal, University of St, Adani Group, Reliance, Reliance Industry, Adani Enterprises, AEL “, Tata Group, Modi, India’s, Hindenburg, GQG Partners, Indian School of Business Locations: New Delhi, Gujarat, Davos, Coachella, Silicon Valley, India, China, Mumbai, Antilia, America, Asia, Britain, South Korea, Worth, United Kingdom, University of St Gallen, Switzerland, American

☆ China’s booming electric vehicle companies eye U.S. competitors they see as ‘not ready’
▼ + stars: | 2024-05-07 | by ( Janis Mackey Frayer | Jennifer Jett | ) www.cnbc.com time to read: +8 min

Despite lower price tags, Chinese EVs often have more powerful batteries and more advanced technology. The competition among hundreds of Chinese EV makers has spurred rapid innovation. Even Tesla CEO Elon Musk, who made a surprise visit to Beijing last week, has said that without trade barriers Chinese EV makers would "demolish" their competitors. Chinese EVs tend to be smaller, cheaper and more accessible to the masses — BYD's Seagull, a small all-electric hatchback, starts at less than $10,000. It would take time to set up a sales and distribution network, Fields said, and Chinese EV makers could face a perception issue among American consumers.

Persons: They're, Stella Li, America's Tesla, Tesla, BYD, Mark Fields, Elon Musk, Musk, Fields, they've, Li, Biden, Musk's, That's Organizations: Alliance for American Manufacturing, U.S, BYD, NBC News, Western, Communist Party, Ford, International Energy Agency, Western automakers, United States, Lawmakers, World Trade Organization, European, Rhodium Group, EV, China Association of Automobile Manufacturers Locations: China, EVs, U.S, BYD Americas, BYD, Shenzhen, United States, Beijing, Europe, United, Union, Chinese, Mexico, South Korea, Japan

☆ Sylvester Stallone’s watches to go on sale, including ‘holy grail’ of timepiece collecting
▼ + stars: | 2024-05-07 | by ( Issy Ronald | ) edition.cnn.com time to read: +3 min

That watch was the “most beautiful thing I’d ever seen,” Stallone said in a video released by Sotheby’s, and sparked a decades-long love of watch collecting. And now, the Hollywood star is auctioning 11 watches from his personal collection at a Sotheby’s sale in New York on June 5. Among the items is the rare Patek Philippe Grandmaster Chime, which is expected to fetch as much as $5 million, as well as watches he wore in some of his films. The Grandmaster Chime is the most complicated ever Patek Philippe watch. Another Patek Philippe watch, this one from its Nautilus family, is expected to sell for up to $400,000.

Persons: Sylvester Stallone, Gregg Allman, Allman, ” Stallone, Sotheby’s, Philippe Grandmaster, Philippe, “, Phillipe, Stallone, Audemars Piguet, Cartier, Sotheby's Organizations: CNN, Hollywood, Rolex Locations: New York

☆ We're concerned there won't be enough metal to meet energy transition targets: Wood Mackenzie
▼ + stars: | 2024-05-07 | 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 EmailWe're concerned there won't be enough metal to meet energy transition targets: Wood MackenzieJulian Kettle, vice chair of metals and mining and senior vice president at Wood Mackenzie, says steel remains the biggest challenge in "greening" the metals and mining industry. He adds that "we are way behind target" when it comes to the delivery of metals for the energy transition.

Persons: Wood Mackenzie Julian Kettle, Wood Mackenzie

☆ Nigerian artist Dotun Popoola’s stunning metal sculpture shows ‘the beauty of Black women all over the world’
▼ + stars: | 2024-05-06 | by ( Leah Collins | ) edition.cnn.com time to read: +6 min

CNN —Celebrating the beauty of Blackness and protesting “environmental decadence” for a cleaner, waste-free future: that’s the vision of award-winning Nigerian metal sculptor and visual artist Dotun Popoola. Popoola’s most recent sculpture is a 12-foot-tall, 882-pound piece depicting the decorated head and neck of an African woman, inspired by his wife. “The work showcases the beauty of Black women all over the world,” Popoola said of the piece, which he began in 2022. “The amount of support shown by women all over the world made me shed tears of joy in my studio. If you keep doing what you do, one day you’ll be in the spotlight and the world will be watching.”

Persons: Dotun Popoola, ” Popoola, “, ” Dotun Popoola, ”, Adeola, Popoola, Naomi Campbell, I’d, Tera DuVernay, Ava DuVernay, “ Tera, “ I’ve, Wynton Marsalis, Bryan Stevenson, Irinkemi Asake, “ Mr, ” It’s, Popoola’s, I’m Organizations: CNN, Popoola Studios, Legacy Museum, Equal, Initiative, Obafemi Awolowo University, Art Locations: Nigeria, Lagos, Montgomery , Alabama, America, Alabama, Dubai, Qatar, India, Americas, South Dakota, Africa, Osun State, Southwest Nigeria

☆ Why investing solo lets Refactor Capital's Zal Bilimoria be a 'lifeline' for founders
▼ + stars: | 2024-05-06 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +4 min

Now 42, Bilimoria is the sole partner of Refactor Capital, the early-stage venture-capital firm he launched in 2016. Through Refactor Capital, Bilimoria has backed unicorn companies including the green-chemical manufacturer Solugen and the space startup Astranis. AdvertisementTwo years later, Lee stepped down as a general partner — making Bilimoria the firm's sole investor. Life as a solo partnerAs a solo partner, "all the successes and all the challenges are on my shoulders," Bilimoria said. Refactor Capital invests in about eight companies every year and is deploying capital out of its third fund.

Persons: —, Bilimoria, Andreessen Horowitz —, weren't, Andreessen Horowitz, David Lee, Lee Organizations: Service, University of Pennsylvania, Business, Microsoft, Netflix, Google, Twitter, Fund, SV Angel Locations: Northwest Indiana

☆ Monday’s rapid fire: Tyson Foods, Micron, U.S. Steel, Johnson Controls and Robinhood
▼ + stars: | 2024-05-06 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMonday’s rapid fire: Tyson Foods, Micron, U.S. Steel, Johnson Controls and RobinhoodCNBC’s Jim Cramer offered his quick-hit takes Monday on a number of stocks outside the Investing Club portfolio including Tyson Foods and Robinhood.

Persons: Tyson, Johnson, CNBC’s Jim Cramer Organizations: Tyson Foods, Micron, U.S . Steel

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Amazon, U.S. Steel, Micron, Disney, Citi & more
▼ + stars: | 2024-05-06 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are the biggest calls on Wall Street on Monday: Morgan Stanley initiates EHang Holdings as overweight Morgan Stanley said it's bullish on shares of the Asia autonomous aerial vehicle company. Morgan Stanley downgrades Victoria's Secret to underweight from equal weight Morgan Stanley said it sees "underappreciated downside" for the lingerie company. Citi downgrades Peloton to neutral from buy Citi said in its downgrade of the stock that it has "limited visibility." Morgan Stanley upgrades U.S. Steel to overweight from equal weight Morgan Stanley said in its upgrade of U.S. Steel that it likes the company's "transformational investments." Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's sticking with its overweight rating on Apple after analyzing the company's quarterly 10-Q report.

Persons: Morgan Stanley, it's, Baird, Morgan Stanley downgrades, Wells, Bausch, Lomb, Apple, Johnson, MLCO, Moffett, Melius, inferencing, JPMorgan Organizations: EHang Holdings, EH, Deutsche Bank, Disney, Deutsche, Micron, Citi, Comerica, CMA, Steel, U.S . Steel, Apple, Services, UBS, JCI, Barclays, Resorts, Nvidia, Broadcom, AMD, Microsoft, JPMorgan, Group, Bank of America, Santander Brasil, of America Locations: Asia, U.S

☆ Stocks making the biggest premarket moves: Berkshire Hathaway, Paramount, Spirit Air, Victoria's Secret and more
▼ + stars: | 2024-05-06 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Paramount — Shares popped 2.4% following a report that the owner of Paramount Pictures and CBS Entertainment Group began formal acquisition negotiations with a group led by Sony Pictures Entertainment and Apollo. Morgan Stanley downgraded Victoria's Secret to underweight and cut its price target, citing expectations for negative EPS revisions and a tough second half for specialty retail. EHang Holdings — The autonomous aircraft stock advanced 3.2% on the heels of a bullish initiation of research coverage from Morgan Stanley. United States Steel — Shares of the Pittsburgh-based steelmaker rose more than 2% after Morgan Stanley upgraded it to overweight from equal weight. U.S. Steel shares have room to rise thanks to internal improvements, even if the Nippon Steel buyout deal collapses, Morgan Stanley said in a note.

Persons: Warren Buffett, Li, Tyson, Howard Shultz, Morgan Stanley, Coinbase, Bausch, Johnson, —, Sarah Min, Tanaya Macheel, Jesse Pound, Michelle Fox, Samantha Subin Organizations: Berkshire Hathaway, Paramount, Paramount Pictures, CBS Entertainment Group, Sony Pictures Entertainment, Spirit Airlines, Li Auto, StreetAccount, Starbucks, EHang Holdings, United States Steel, . Steel, Nippon Steel, Barclays, UBS Locations: Berkshire, China, Pittsburgh

☆ Stocks making the biggest moves midday: Berkshire Hathaway, Micron, Tyson Foods, Spirit Airlines and more
▼ + stars: | 2024-05-06 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Spirit also forecast second-quarter revenue between $1.2 billion and $1.34 billion, below a FactSet estimate of $1.46 billion. Paramount — Shares popped 3.3% following a report that the owner of Paramount Pictures and CBS Entertainment Group began formal acquisition negotiations with a group led by Sony Pictures Entertainment and Apollo . U.S. Steel shares have room to rise due to internal improvements, even if the Nippon Steel buyout deal collapses, Morgan Stanley said in a note. Morgan Stanley said the market is likely overlooking the Canadian-based company's progress on improving core profit margins. Morgan Stanley downgraded the intimate apparel maker to underweight due to expectations for negative earnings per share revisions.

Persons: Baird, Warren Buffett, Morgan Stanley, Tyson, StreetAccount, Bausch, Coinbase, Li Auto, Alex Harring, Jesse Pound, Samantha Subin, Hakyung Kim, Sarah Min, Matthew Staver Organizations: Berkshire Hathaway, Berkshire, Micron Technology, Spirit Airlines, Paramount, Paramount Pictures, CBS Entertainment Group, Sony Pictures Entertainment, United States Steel, . Steel, Nippon Steel, Medical Properties, Health Care, EHang Holdings, Barclays, Micron Technology Inc, Bloomberg, Getty Locations: The Boise , Idaho, Berkshire, Pittsburgh, China, Weibo, Boise , Idaho

6:41 a.m.: Morgan Stanley raises Carvana price target Morgan Stanley likes what it sees from Carvana after its "operational turnaround." The bank reiterated an underweight rating on the used car retailer but raised its price target to $75 per share from $45. "Throughout 2023, CVNA transitioned from a distressed equity into an operational turnaround with a restructured interest burden," Morgan Stanley analyst Adam Jonas said. The firm downgraded the HVAC stock to neutral from buy and lowered its price target to $68 per share from $74. MU YTD mountain MU year to date — Brian Evans 5:45 a.m.: Morgan Stanley upgrades U.S. Steel There's a big buying opportunity in U.S. Steel after a recent pullback this year, according to Morgan Stanley.

Persons: Morgan Stanley, Baird, Morgan Stanley's, CVNA, Adam Jonas, — Brian Evans, Wells, Mike Mayo, Mayo, Brian Evans, Johnson, Damian Karas, " Karas, Tristan Gerra, Gerra, Carlos De Alba, Alba, De Alba, Fred Imbert Organizations: CNBC, U.S, Steel, Micron Technology, Wells Fargo, Citi, UBS, Johnson, JCI, Micron, MU, Nippon Steel, U.S . Steel, . Steel Locations: Carvana, Wells Fargo, Friday's, U.S

☆ Jim Cramer shares his thoughts on Tyson Foods, Micron, U.S. Steel, Johnson Controls and Robinhood
▼ + stars: | 2024-05-06 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +2 min

Tyson Foods : Shares fell nearly 7% after the meat supplier issued a weak third-quarter outlook. I think the last story has not been written yet on Tyson," Jim Cramer said. Johnson Controls : Shares were basically flat Monday after UBS downgraded the stock to a hold-equivalent rating. Robinhood : The Securities and Exchange Commission informed Robinhood over the weekend that it could pursue enforcement actions tied to the brokerage's cryptocurrency operations. Robinhood shares were initially up more than 1% Monday, though they've given back some of the gains.

Persons: Jim Cramer's, Tyson, Jim Cramer, Baird, Cramer, Morgan Stanley, David Gitlin, Robinhood, they've Organizations: CNBC, Club, Tyson, Micron Technologies, Nvidia, Micron, . Steel, Japan's Nippon Steel, U.S . Steel, Johnson, UBS, Johnson Controls, Securities, Exchange Commission

Search resuls for: "" Nippon Steel"

25 mentions found