Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "ERIC"


25 mentions found


CNN —Donald Trump said Friday he plans to return to Butler, Pennsylvania – the place where the former president survived an assassination attempt nearly two weeks ago – for a rally that will honor slain supporter Corey Comperatore and those injured in the shooting. Trump’s right ear was bloodied, and he appeared days later at the Republican National Convention in Milwaukee wearing a large white bandage over the injured ear. Trump and his allies used the Republican convention to deliver calls for unity in the wake of the assassination attempt. “What a day it will be – fight, fight, fight!” Trump said Friday in his social media post announcing the Butler rally. US Secret Service Director Kimberly Cheatle resigned this week amid scrutiny of security lapses related to the assassination attempt.
Persons: Donald Trump, Corey Comperatore, Trump, Corey, Comperatore, Butler, , ” Trump, Christopher Wray, Kimberly Cheatle, ” Cheatle, , Organizations: CNN, Republican National Convention, Secret Service, Republican, Democratic, Capitol, FBI, Trump, Secret Locations: Butler , Pennsylvania, Butler, Pittsburgh, Milwaukee
My client's pet insurance rose from $25 a month to $125 over a decade. That was the case for this client who asked us if they should keep their pet insurance policy. Get Pet Insurance Quotes Find affordable pet insurance policies with Petted. When it makes sense to drop pet insuranceOur client first got pet insurance coverage for their new puppy. For our client, they ultimately decided to keep their pet insurance coverage.
Persons: Organizations: Service
Mayor Eric Adams announced the start of a contentious new plan to put a gun-detecting scanner in the subway on Friday and warned that New Yorkers who refused to be scanned would be kicked out of the system. Mr. Adams highlighted the scanner inside the busy Fulton Street subway station in Lower Manhattan, arguing that the technology would help make the subway safer. “Many New Yorkers will be familiar with this type of technology — it’s not new, and it’s being used in big cities across the country,” Mr. Adams said, noting that scanners were already being used at the Metropolitan Museum of Art and Citi Field. A new pilot program will involve one scanner that will be moved to different stations over the next 30 days, city officials said. Mr. Adams said it would not cost the city any money.
Persons: Eric Adams, Adams, , Mr Organizations: Yorkers, Metropolitan Museum of Art, Citi Locations: Fulton, Lower Manhattan
Earlier this month, Defense Secretary Lloyd J. Austin III received an unusual request from an unlikely caller: His Russian counterpart wanted to talk. Since Russia invaded Ukraine in February 2022, Mr. Austin had spoken by phone with Russia’s defense minister only five other times, almost always at the Pentagon’s initiative and often in an effort to avoid miscalculations that could escalate the conflict. In fact, Mr. Austin had reached out to Russia’s new defense minister, Andrei Belousov, just a couple of weeks earlier, on June 25, in an effort to keep the “lines of communication open,” the Pentagon said. It was the first phone call between the two men since Mr. Belousov, an economist, replaced Sergei K. Shoigu, Russia’s long-running defense minister, in a Kremlin shake-up in May. Was the Pentagon aware of the plot, Mr. Belousov asked Mr. Austin, and its potential to ratchet up tensions between Moscow and Washington?
Persons: Lloyd J, Austin III, Austin, Andrei Belousov, Belousov, Sergei K Organizations: Russian, Mr, Pentagon Locations: Russia, Ukraine, Moscow, Washington
New York CNN —Donald Trump didn’t need to do much to win over crypto investors, who are used to being treated like the problem children of the financial world. They’re tinkering in the shadows, doing a thing most normies either don’t understand and/or believe is a scam. “Bitcoiners are looking for political validation after years in the wilderness,” said Eric Soufer, a political adviser to major crypto companies. But running against Vice President Kamala Harris, now the presumptive Democratic nominee, may change the calculus. It’s not clear why Trump has shown a sudden adoration for digital assets when he pooh-poohed it during his presidency.
Persons: CNN Business ’, Donald Trump, , , Eric Soufer, ” Trump, Trump, Marc Andreessen, Joe Biden, Gary Gensler, Kamala Harris, Biden, Harris, Harris ’, Mark Cuban, Cuban, didn’t, Brian Hughes, “ Trump, unAmerican Crypto, ” Harris, Crypto, Molly White, It’s, , Steve Contorno Organizations: CNN Business, New York CNN, Republican, Big Tech, Securities, Exchange Commission, Democratic, Politico, Trump, CNN, Democrats, Republican Party, GOP, Republicans, Fox Business Locations: New York, Nashville
Grace, a 29-year-old publicist in New York, has regularly used a slew of dating apps for more than four years, with little luck. Among millions, a consensus is forming: Dating apps suck so bad that they might even be deliberately keeping us from finding love. In Tokyo, the city government is even releasing its own dating app, part of a campaign called Tokyo Futari Story ("futari" means couple). Bouke de Vries, an associate professor of philosophy at Ghent University in Belgium who's studied dating apps, argues that state-run dating apps are at least in theory better positioned to help people find partners without spending too much money or time in the process. Last year, Japan's most popular dating app, the Match Group-owned Pairs, began collaborating with several prefectures and cities.
Persons: Grace, She's, it's, who'd, Tinder, Damona Hoffman, Bianca Stelian, Ryan Clarkson, , They've, Ali Jackson, Bouke de, cupid, Bouke de Vries, Belgium who's, de Vries, Omar Minami, Cheryl Drury, They're, Francesca Katayama, Junko Yamada, Yamada, Elon Musk, I'm, Justin Garcia, Garcia, what's, there's, Eric Adams, Adams, Eve Organizations: Raya, Forbes, League, Match, Children, Families Agency, Ghent University, Government, National, Insurance, Rissho University, Department of Health, Human Services, Conservatives, Trump, PAC, Indiana University, Kinsey Institute, Match Group, Republican, Kinsey, New, New York City — Locations: New York, New York City, Japan, Australia, America, Saitama, Tokyo, Bouke de Vries, Belgium, Singapore
Vice President Kamala Harris and former President Barack Obama attend an event to mark the 2010 passage of the Affordable Care Act in the East Room of the White House on April 5, 2022 in Washington, DC. Obama privately has fully supported Harris' candidacy and plans to endorse her soon, these people said. Obama is one of the only high-profile Democrats in the country who has yet to endorse Harris. Michelle Obama also supports Harris' candidacy, two people familiar with the matter said. "President Obama looks forward to helping Democrats up and down the ballot make the case to voters this fall," said Eric Schultz, a senior adviser to Obama.
Persons: Kamala Harris, Barack Obama, Obama, Harris, she's, Joe Biden's, Michelle Obama, Eric Schultz Organizations: Affordable, White, Washington , DC Locations: Washington ,
(This is CNBC Pro's live coverage of Wednesday's analyst calls and Wall Street chatter. "At this point, we believe EPS and investor sentiment have troughed and believe the risk-to-reward profile skews favorable," wrote analyst Nik Modi. "However, with minimal upside to our revised $47 price target and a relatively 'balanced' risk-reward between our $28 bear case …. –Samantha Subin 5:54 a.m.: Wall Street stands by Alphabet, AI potential post-earnings Wall Street analysts remain bullish on the outlook for Alphabet , even after the stock fell on the back of its second-quarter results. His price target of $425, up from $320, implies upside of more than 28% from Tuesday's close.
Persons: Goldman Sachs, Lauder, Estee Lauder, Nik Modi, Modi, Estee, – Samantha Subin, Morgan Stanley downgrades, Morgan Stanley, Adam Jonas, Jonas, Samantha Subin, Dan Levy, Tesla, Michaeli, Bernstein's Toni Sacconaghi, Mark Delaney, GOOGL, Doug Anmuth, Justin Post, Eric Sheridan, Brent Thill, Sheridan, Fred Imbert Organizations: CNBC, Spotify, RBC, Markets, Motors, GM, General Motors, Tesla, Barclays, YouTube, Bank of America, Google, Jefferies Locations: China, 1H25, Tuesday's
Typhoon Gaemi is expected to strengthen into a super typhoon before making landfall on Taiwan’s northeastern coast Wednesday evening. Heavy rain hit Taiwan ahead of the storm’s landfall on Wednesday, with the island’s mountainous areas already reporting rainfall approaching 200 millimeters (8 inches). Typhoon Gaemi is strengthening in Pacific waters that have been at their warmest temperatures on record. Images show roads and streets in Manila flooded by rains brought by Typhoon Gaemi, as people wade through knee-deep water. Torrential rainfall hit southern, central and eastern parts of the country and led to major emergency response efforts in a flood season that has started some two months ahead of its typical schedule.
Persons: Gaemi, Han, Sun Li, fiang, Typhoon Gaemi, Ferdinand Marcos Jr, Organizations: Taiwan CNN, Typhoon Warning, Central Meteorological Agency, CMA, Taiwan Railways, China Airlines, Starlux Airlines, Philippine Stock Exchange, Taiwan Locations: Taipei, Taiwan, Fujian, Hualien county, chipmaking, Hsinchu, Kaohsiung, China, Hualien ., Philippines, Manila, Luzon, Philippine, Zhejiang, Jiangxi, Henan, Shanxi, Hebei
Even before Biden dropped out of the race, Rep. Chip Roy, the Texas Republican, filed a resolution in June after the president’s disastrous debate performance, calling on the 25th Amendment to be used against Biden. After Biden withdrew from the race, Missouri Sen. Eric Schmitt, a Republican, wrote letters to Harris and the Cabinet officials in the Biden administration, asking them to remove Biden from office. To forcibly wrest power from a sitting president, the vice president would have to be on board, according to the text of the amendment. Why do we have the 25th Amendment? That was before the 25th Amendment, so there was no constitutional rule.
Persons: Joe Biden’s, , Biden, Trump, Kamala Harris, Chip Roy, Mike Johnson, CNN’s Jake Tapper, , ” Johnson, Missouri Sen, Eric Schmitt, Harris, ” Schmitt, Antony Blinken, Insurrectionists, Donald Trump, John Minchillo, Betsy DeVos, Mike Pence, Kevin McCarthy, recommitted, Nancy Pelosi, John F, Kennedy, Dwight D, Eisenhower, Kennedy slumps, Jacqueline Kennedy, Clinton Hill, Ike Altgens, Richard Nixon, Reagan Organizations: CNN, Democratic, Federal, Commission, Texas Republican, Republican, Trump’s, Republicans, USA, Trump Cabinet, New York Times, Trump, Reagan Locations: Missouri, Trump, Washington ,, Dallas
CNN —Vice President Kamala Harris is less than two weeks away from naming her own running mate. Democrats close to the process say the roster of leading contenders being vetted still includes North Carolina Gov. A new CNN poll conducted by SSRS showed no clear leader in a matchup between Harris and Trump. The former president holds 49% support among registered voters nationwide to Harris’ 46%, a finding within the survey’s margin of sampling error. The party has said its goal is to nominate its presidential and vice presidential candidates by August 7.
Persons: Kamala Harris, Roy Cooper, Josh Shapiro, Arizona Sen, Mark Kelly, Pete Buttigieg, Harris, Andy Beshear, Tim Walz, , Eric Holder, Tony West, Holder, Donald Trump, Ohio Sen, JD Vance, Doug Emhoff, Joe Biden, , SSRS, Trump Organizations: CNN, Democratic, North Carolina Gov, Arizona, Transportation, Senate, Kentucky Gov, Minnesota Gov, Democrat, Harris ’, Biden, Trump, Democratic National Locations: Pennsylvania
AdvertisementSpeed and ease — that's how generative AI is changing the game for finance professionals. In a survey of 780 banking and capital-markets employees by Accenture Research, 62% of respondents expect generative AI to increase people's stress and burnout. "Employees with AI skills will replace people without AI skills," Andrew Chin, the chief AI officer at the $759 billion money manager AllianceBernstein, told BI. AdvertisementA data scientist at a midsize hedge fund told BI that generative AI models are a "superpower for coders." The firm's ultimate aim is to use generative AI to replicate the success of its best bankers for all advisors.
Persons: Christina Melas, Rowe Price's Sébastien, Eric Burl, Alyssa Powell, Thomas H, Lee, Keri Smith, Smith, Ken Griffin, They've, Goldman Sachs, Marco Argenti, Argenti, It's, I've, drudge, Andrew Chin, AllianceBernstein, Lisa Donahue, Donahue, Jobs, who's, He's, he'd, ChatGPT, Accenture's Smith Organizations: Bain Capital Ventures, Management, Business, Bain Capital, Man Group, Accenture Research, Finance, Wall Street, Blackstone, Sigma, Citadel, Milken Institute Global Conference, Excel, Accenture, Northern Trust, Citibank, Citi, JPMorgan Locations: New York City, New York
The state’s training and standards board records show Grayson’s law enforcement certification has been suspended. It is unclear why Grayson changed jobs so frequently and CNN has reached out to the other law enforcement agencies for more information. Minutes after the shooting, Grayson speaks to another law enforcement figure. Sangamon County State's Attorney's OfficeGrayson did not activate his body camera until after he fatally shot Massey, according to charging documents. Massey’s father, James Wilburn, said during a news conference Monday he initially received conflicting information from law enforcement.
Persons: Sonya Massey, he’d, Sean Grayson, WISC Massey, Breonna Taylor, Atatiana Jefferson, Ben Crump, Grayson, Kincaid, , Massey, , Jesus, , ” Grayson, I’m, he’s, … Grayson, John Milhiser, Massey’s, James Wilburn, ” Wilburn, Crump, ” Crump, , ” –, don’t, CNN’s Lucy Kafanov, Bill Kirkos, Eric Levenson, Jillian Sykes, Brad Parks, Andy Rose Organizations: CNN, Illinois, Pawnee, Auburn police, , WICS, Illinois State Police, Massey Locations: Illinois, Sangamon County, Springfield, Logan, Macoupin, Sangamon, America
Alphabet investors may want to prepare for some volatility moving forward. However, shares fell about 5% as the company also reported lower-than-expected YouTube advertising revenue. On top of that, Alphabet highlighted plans to boost capital expenditures as it races to meet rising artificial intelligence demand. That is due in part to tough advertising comparisons amid the anniversary of a particular strong period for Asia and Pacific retailers. The move to 'future proof' business Some analysts and investors are reading the tea leaves with a positive tilt, however.
Persons: Ruth Porat, Sundar Pichai, Porat, Mark Shmulik, Brent Thill, Benjamin Black, Ross Sandler, Gene Munster, Goldman Sachs, Eric Sheridan, Bank of America's Justin Post, Truist's Youssef Squali, Citi's Ronald Josey Organizations: Jefferies, Deutsche Bank, Barclays, Bank of America's, DR Locations: Asia, Pacific
Recent polling suggests nearly 9 in 10 Americans believe Mr. Biden’s decision to step aside was the right one. 65 called Mr. Biden’s withdrawal a coup or said it amounted to election interference. These statements have tended to argue that Mr. Biden’s decision to end his candidacy was not his own, was not democratic or both. Some of this language began to bubble up among Republicans even before Mr. Biden announced that he would drop out. One common line of attack, positing that Ms. Harris failed as a “border czar,” is misleading.
Persons: , Joe Biden, , Harris, Kamala Harris, Biden’s, Harris’s, Biden, Mr, Biden —, , ’ Thomas Massie, Trump, ’ Mark Alford, Josh Hawley, Donald J, Chris LaCivita, Trump’s, , I’m, Biden Harris, he’s, ’ Eric Schmitt, Roger Marshall Senator, Kan, Kat, ‘ Kamala Harris, ’ Ron DeSantis, ’ Jack Bergman, ’ Mike Johnson, ‘ Where’s Biden, Nancy Mace, S.C, ’ Markwayne Mullin, Okla, ’ Lauren Boebert, ” Harris, Greg Abbott Governor, ’ Elise Stefanik, Cackling Kamala, ’ Warren, ‘ Fran, ’ Mike DeWine, ’ Lindsey Graham, ’ Lisa Murkowski Organizations: Left, New York Times, White, The Times, ’ Thomas Massie Representative, Republican, Convention, Biden, Kat Cammack, Fla, House, Democrats, Colo, Far Left Democrats ’, ’ Warren Davidson Representative Locations: Delaware, Covid, Ky, Mo, Fla, Washington, Greg Abbott Governor , Texas, Ohio, Alaska
Goldman Sachs is turning bullish on Spotify after its solid earnings report this week. Analyst Eric Sheridan upgraded the streaming stock to buy from neutral and raised his 12-month price target by $105 to $425, suggesting nearly 29% potential upside. Spotify reported record quarterly earnings on Tuesday that sent shares up nearly 12%, marking the stock's biggest one-day gain since January 2023. He anticipates the upside scenario would be for the company to repurchase as much as roughly 25% of its current market cap through 2029. Sheridan expects Spotify could also see compounding revenue growth in the mid-teens in the next three to five years.
Persons: Goldman Sachs, Eric Sheridan, Sheridan Organizations: Spotify, Sheridan
The Secret to Great Korean BBQ Is Not What You Think
  + stars: | 2024-07-24 | by ( Eric Kim | ) www.nytimes.com   time to read: 1 min
In my house growing up, Korean-barbecue clothes were a set of raggedy T-shirts and sweatpants reserved for nights when we were grilling at home — and by grilling at home, I mean indoors. My family would grill meat right at our round, lacquered dining table. In the center sat a portable butane stove, topped with a three-foot domed wheel of steel, a heavy black pan made by a metalworker friend of my mother’s. A spaceship-looking thing, it sat perfectly over the butane stove, sizzling with galbi, soy-marinated short ribs; samgyeopsal, gloriously fatty pork belly; and chadolbaegi, razor-thin slices of brisket that curled up as soon as they hit the heat. These fiery meals were precise but casual, remarkable but easy to throw together.
Big Tech gears up for earnings
  + stars: | 2024-07-23 | 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 EmailBig Tech gears up for earningsEric Sheridan, Goldman Sachs tech analyst, joins 'Money Movers' to discuss big tech as companies like Alphabet and Meta are set to report their earnings.
Persons: Eric Sheridan, Goldman Sachs
Her multi-hour phone blitz to Democratic Party power players on Sunday hinted at an operation primed ahead of time but that was kept secret and didn’t leak. The vice president has shown signs of improving her political skills recently, but that’s never been her forte. In a memo to reporters, the Trump campaign previewed a blistering assault to come on Harris. Harris is the least popular vice president in history – which is no surprise given her terrible record,” the memo said. The question now is whether Harris, who has exhibited considerable political liabilities as vice president, has the skills, staying power and luck to take advantage.
Persons: CNN — Kamala Harris, Joe Biden –, Donald Trump, Harris, Biden, Nancy Pelosi, Biden’s, Pelosi, Harris –, Trump, that’s, Barack Obama, Susie Wiles, Chris LaCivita, “ She’s, Joe Biden, ” Harris carves, He’s, pollsters, • Harris, Ben Wikler, , outpolled, Nikki Haley, , you’re, we’ve, Eric Swalwell, CNN’s John Berman, Chris Sununu, ’ ” • Harris, Hakeem Jeffries, Chuck Schumer, Kamala Harris, ” Harris, anoint Harris, , It’s, Vance, “ Kamala Harris Organizations: CNN, Democratic, Democratic Party, Sunday, Trump, Biden, Republican, GOP, Chicago . Governors, Wisconsin Democratic, Badger, Former South Carolina Gov, ” Democratic, • New, • New Hampshire Republican Gov, White, National Collegiate Athletics Association, Paris Olympics, Locations: Wilmington , Delaware, Covid, Washington, America, Harris, Chicago ., California, , • New Hampshire, Iowa, American
CNN —John Mayall, a pioneering Blues musician who was recently announced as a 2024 inductee into the Rock & Roll Hall of Fame, has died. “It is with heavy hearts that we bear the news that John Mayall passed away peacefully in his California home yesterday, July 22, 2024, surrounded by loving family. John Mayall gave us ninety years of tireless efforts to educate, inspire and entertain,” the message said. Called “the godfather of British blues” by the Rock & Roll Hall of Fame, the singer-songwriter, multi-instrumentalist and bandleader was a pioneer of Blues music in England during the 1960s. Mayall was inducted into the Blues Hall of Fame in 2016.
Persons: CNN — John Mayall, Mayall’s, John Mayall, John, Queen Elizabeth II, Mayall, , , Eric Clapton, Joe Walsh, Steve Van Zandt, Alex Lifeson, Peter Green, Mick Taylor, Jack Bruce, John McVie, Mick Fleetwood, Aynsley Dunbar – Mayall Organizations: CNN, Roll Hall of Fame, Blues, Blues Hall of Fame, Hall of Fame, of Fame, Facebook Locations: California, England, British, Cheshire, Los Angeles, United States, Europe
She had also raised more than $100 million from 1.1 million different donors — 62% of them first-time contributors — between Sunday and Monday, a Harris campaign official said. Top Wisconsin Democratic officials, including two-term Gov. They are among a long list of Democratic officials and candidates who appeared with the vice president on Tuesday. Harris’ campaign, inheriting the infrastructure put in place during Biden’s candidacy, has 48 coordinated offices in 43 counties in Wisconsin, including 160 full-time staffers. The trip to Wisconsin — one of the three “Blue Wall” states, alongside Pennsylvania and Michigan — is Harris’ fifth there this year and ninth since becoming vice president.
Persons: Kamala Harris, Donald Trump, Harris ’, Trump, Joe Biden, Harris, , cheaters, Donald Trump’s, Hillary Clinton, Biden, , ” Harris, ” Trump, “ We’re, Chuck Schumer, Hakeem Jeffries, Schumer, Tony Evers, Sen, Tammy Baldwin, it’s, North Carolina’s Roy Cooper, Arizona’s Mark Kelly, Andy Beshear, Josh Shapiro, Eric Holder, Beshear, Ohio Sen, JD Vance, MAGA, ” Beshear, CNN’s Kaitlan Collins, CNN’s Arlette Saenz, Jeff Zeleny Organizations: CNN, Democratic National Convention, Democratic, Trump, Heritage Foundation, Biden, Top Wisconsin Democratic, Harris, Kentucky Gov, Burling, Ohio Locations: Wisconsin, Milwaukee, California, Pennsylvania, Michigan, Arizona , Nevada , North Carolina, Georgia, North, Covington
Discover it® Cash Back OverviewIf you prefer earning cash back without paying an annual fee, the Discover it® Cash Back is one of the best cash back credit cards out there. Discover it® Cash Back Benefits and FeaturesThe Discover it Cash Back is a fairly straightforward card. Like the Discover it® Cash Back, it has no annual fee and Discover will match your cash back earned after your first account year. Like the Discover it® Cash Back, the Citi Custom Cash℠ Card has no annual fee. Discover it® Cash Back Frequently Asked QuestionsWhat credit score do I need to be approved for the Discover it® Cash Back?
Persons: you’ve, You'll, That's, you've, you'll, Chase, There's Organizations: Business, Citi, Walmart, Discover, American Cancer Society, Children's Miracle Network, Diabetes Research Foundation, World Wildlife Fund, Cash Locations: Discover
An undisclosed buyer picked up the Alfa Nero for $40 million last week. The sale ended an ownership tug-of-war, which included ex-Google CEO Eric Schmidt. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAn undisclosed buyer has finally stepped up to the helm of the Alfa Nero superyacht, ending a two-year-long saga, Bloomberg reported on Tuesday. That buyer agreed last week to pay $40 million, a huge discount to the $67.6 million that former Google CEO Eric Schmidt bid last year, a deal he eventually abandoned.
Persons: Alfa Nero, Eric Schmidt, , Alfa Nero superyacht Organizations: Alfa, Service, Bloomberg, Business Locations: Antigua, Barbuda
Opening Ceremony like no-otherThe Opening Ceremony of the Paris Olympics is set to take place on July 26 and will be the first ever held on a river. For years, French officials had boasted that some 600,000 people would attend the Opening Ceremony, but that number has been slashed due to safety concerns. He said a “strictly controlled” zone alongside the banks of the river will be closed off before the Opening Ceremony and anyone entering into it would be checked. The Opening Ceremony will be held alongside the banks of the River Seine. The Stade de France is where track and field events and Rugby Sevens matches will take place at the Paris Olympics.
Persons: Gérald Darmanin, Darmanin, Nicolas Nordman, , Gonzalo Fuentes, Nordman, Denis, Dale Buckner, ” Buckner, ” Darmanin, , Eric Chasboeuf, Thomas Padilla, “ I’ve, ” Chasboeuf, Buckner Organizations: CNN, Summer, Games, Palestinian, Atlanta Games, Reuters, Paris, Paris Mayor, Olympic, Stade de France, Rugby Sevens, Global Locations: Paris, France, Saint
Webtoon Entertainment could be a good add for investors looking for exposure to the creator economy, according to Goldman Sachs. The bank initiated the stock with a buy rating and a 12-month price target of $62. Webtoon Entertainment went public last month and priced at $21 per share. First, he thinks Webtoon has exposure to several markets, including a $130 billion paid content market opportunity, the $477 billion advertising space and a $900 billion global entertainment industry. Sheridan also believes that Webtoon could grow revenue at a compound annual rate of 19% through 2029 to roughly $3.5 billion.
Persons: Goldman Sachs, Goldman, Eric Sheridan, Sheridan, Webtoon Organizations: Webtoon, Webtoon Entertainment Locations: North America
Total: 25