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Bernstein lowered its price target on Tesla, calling for 30% downside. Meanwhile, Mizuho raised its price target on Micron, citing a growing AI opportunity. The firm reiterated a buy rating on the computer storage and memory stock on Monday and raised its price target to $130 per share from $124. — Brian Evans 5:53 a.m.: Bernstein cuts Tesla price target Longtime Tesla bear Toni Sacconaghi lowered his price target on the EV maker to $120 from $150, citing growing demand constraints. TSLA YTD mountain TSLA ytd — Fred Imbert
Persons: Bernstein, Mizuho, Jason Getz, — Brian Evans, Toni Sacconaghi, Tesla, Sacconaghi, Fred Imbert Organizations: CNBC, Micron, Mizuho, Mizuho Securities Locations: China, Europe
Read preview"3 Body Problem" isn't as prone to killing people (or showing them nude) as "Game of Thrones" — but that doesn't mean it doesn't get its punches in. AdvertisementWhat happens in episode 5 of '3 Body Problem?' Advertisement'The most violent, horrific thing'The Judgment Day sequence, which is drawn from Liu's original book, is a masterclass in suspense. This kid definitely dies in "3 Body Problem," but luckily, we don't have to see it. NetflixFor an alien race that has previously operated in the shadows, the act matches the stark violence of the Judgment Day shutdown.
Persons: , David Benioff, Weiss, Alexander Woo, Liu Cixin's, Minkie Spiro, Wade, Liam Cunningham, Clarence Shi, Benedict Wong, Raj Varma, Mike Evans, Jonathan Pryce, Auggie, isn't, Woo, Evans, Spiro, Pedro Pascal Organizations: Service, Business, intel, Netflix Locations: Panama, puzzlement
Masimo — The medical technology company climbed nearly 5%. Wells Fargo upgraded the stock to overweight from equal weight in light of the news. Super Micro Computer — The chip stock jumped nearly 10% after JPMorgan initiated coverage of the high-flying name. Foot Locker — Shares jumped 7% after Evercore upgraded shares to outperform from in line. Digital World Acquisition Corp. — The special purpose acquisition company leapt 26% after shareholders approved a merger with former President Donald Trump's social media company Trump Media & Technology Group, which owns Truth Social.
Persons: David Calhoun, Larry Kellner, Masimo, Wells Fargo, Samik Chatterjee, Chipmakers, Nelson Peltz's, Bob Iger, Evercore, Foot, Wedbush, GameStop's, Donald Trump's, Alex Harring, Jesse Pound, Hakyung Kim, Pia Singh, Sarah Min Organizations: Boeing, JPMorgan, Department of Energy, Semiconductor, Micron Technology, Nvidia, VanEck Semiconductor, Disney, Barclays, Fund Management, Mizuho, GameStop, Trump Media & Technology Group, Trump Media, United Airlines —, Reuters, U.S . Federal Aviation Administration, United Airlines Locations: Wells, Cleveland, Department of Energy . Cleveland, Ohio, Pennsylvania
AdvertisementBuckle is part of a group of creators that has turned to slower, longer types of content that don't live on social platforms. Turning to long-form content — in writing, but also through podcasts, community platforms like Patreon, and YouTube videos — has been a way for creators to counter this. AdvertisementFor some creators, long-form content is also a way to slow down their relationship with their audiences and build stronger connections. Alexandra Hayes Robinson recently started the newsletter Hello Hayes after finding success on TikTok. Alexandra Hayes RobinsonWritten content is a way for creators to build 'community'The idea of "community" has become central to the creator economy, and long-form content can help foster it.
Persons: , Lesley Buckle, interning, Instagram, . Buckle, Buckle, it's, Dylan, Annie Openshaw's, Rafy Evans, Alexandra Hayes Robinson, Hayes, Emma Brooks, She's, Annie Openshaw —, Openshaw, Jessamyn Stanley, Ashley Batz, Thomas Walters, Julianne Fraser Organizations: Service, Business, Porter Magazine, Infinity Creative Agency, TikTok, Google, Buckle, Dollar, New Locations: Marie Claire, virality, Europe, New York
Masimo — Shares soared nearly 12% following the medical technology company's announcement late Friday it is considering a spinoff of its consumer business. In addition, Wells Fargo upgraded the stock Monday, citing the potential separation of the businesses. Baidu — Shares of the technology company climbed 1.4% following news that Baidu is reportedly engaged in talks with Apple for a potential collaboration on artificial intelligence services in China. Disney — Shares rose 1.2% after Barclays upgraded the media company to overweight from equal weight, saying Disney has further upside even after its outperformance this year. Foot Locker — The shoe retailer rose 2.9% after Evercore ISI upgraded the stock to outperform from in line.
Persons: Dave Calhoun, Larry Kellner, Masimo, Quentin Koffey, Wells, Baidu, Nelson Peltz, Locker, Tesla, Raymond James, Jesse Pound, Tanaya Macheel, Michelle Fox, Brian Evans, Sarah Min Organizations: Boeing —, Street Journal, Politan Capital Management, Department of Energy, Chipmakers, Intel, Financial Times, Nvidia, Baidu —, Apple, Disney, Barclays, Blackwells, ISI, Mizuho Securities, Scotts Miracle, Gro Locations: Wells Fargo, Cleveland, Ohio, Pennsylvania, China, U.S, Europe
Photos You Should See View All 60 Images“He apparently has said he’s out,” she told The Associated Press. “I think I’m the most famous ‘Bond’ actor that never actually played the part. “I think he’s brilliant. “By the time they cast it again, I’ll be too old,” the 44-year-old actor told The Associated Press in 2022. Richard Madden brushed off rumors about his involvement in Bond at a press conference for “Rocket Man” in Cannes back in 2019.
Persons: — Aaron Taylor, Johnson, Daniel Craig, James Bond, Craig, Bond, Taylor, Idris Elba, Barbara Broccoli, Luther, , Idris, he’s, ” Elba, , Matt Damon, Tom Hardy, Luke Evans, I’ll, Richard Madden, Jean Page, Duke, Hastings, Theo James, Henry Golding, Golding Organizations: Associated Press, Dunkirk, Locations: , ” Elba, Cannes,
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewGwyneth Paltrow has jokingly cursed out former President Bill Clinton for falling asleep during a showing of her 1996 film "Emma." Appearing on the First We Feast's viral YouTube interview series "Hot Ones," Paltrow was asked by host Sean Evans about the rumor that Clinton "passed out asleep" during a White House screening of the Jane Austen adaptation. Despite Clinton's response to the film, "Emma" received generally positive reviews from critics and was nominated for two Academy Awards, one for costume design and another for original score. Paltrow's role in "Emma" came two years before Paltrow's Oscar-winning performance in another period piece, "Shakespeare in Love."
Persons: , Gwyneth Paltrow, Bill Clinton, Emma, Paltrow, Sean Evans, Clinton, Jane Austen, Emma Woodhouse, Toni Collette, Alan Cumming, Ewan McGregor, Paltrow's Oscar, Jeremy Northam, Alex Cooper Organizations: Service, Business, Variety ., Rotten, Miramax Locations: Love
Some critics of the suit believe it could make the iPhone worse, leading to security concerns and a less seamless experience. But is that something that iPhone users really want? The DOJ filed an antitrust lawsuit against Apple on Thursday. AdvertisementFor its part, Apple has argued that the DOJ's lawsuit could pose any number of issues for iPhone users — from security and privacy concerns to a degradation in user experience. A less seamless user experienceThe DOJ's lawsuit could also have a detrimental impact on Apple's signature user experience, according to some experts.
Persons: , Apple, Jeff Chiu, Tim Cook, Cook, Benedict Evans, Evans, Jennifer Huddleston, Koch, Huddleston, Adam Kovacevich, Dave Lee, Lee, Forrester, Dipanjan Chatterjee, Apple's, Chatterjee, Fortune Organizations: DOJ, Apple, Service, US Department of Justice, AP, Union's, Venture, Cato Institute, Apple Watch, of, Big Tech, Bloomberg
.DJI YTD mountain The Dow Jones Industrial Average is nearing the 40,000 level. Against this backdrop, CNBC Pro set out to find which stocks could lead the Dow to 40,000 and beyond. Click here to add this screener to your Pro stock screener. But 69% of analysts polled by FactSet are sticking by a buy or overweight rating on Boeing stock. Other potential Dow leaders that could drive the benchmark to 40,000 include recent addition Amazon as well as oil giant Chevron .
Persons: Dow Jones, Jerome Powell, Apple, Morgan Stanley's Erik Woodring, Max, Gavin Parsons Organizations: Dow, Dow Jones Industrial, Federal, Dow Jones, CNBC Pro, CNBC, Stock, U.S . Department of Justice, Apple, FactSet, DOJ, Boeing, UBS Locations: Chevron
Investors are watching for which company could be next after Chipotle announced Tuesday it will split its stock 50-shares-for-1 in June. For example, after a 2-for-1 stock, a holder of one share of a $20 stock now holds two shares of a $10 stock. Using the CNBC Pro Stock Screener tool , CNBC screened for companies with lofty share prices that could be next to split their stock. "One of the things that I really like about stock splits is that it makes ... the stock purchase for our employees and others [easier]," Huang said. Other high-priced stocks on the list with a history of past stock splits include Eli Lilly and Lam Research .
Persons: Chipotle, Jensen Huang, Jim Cramer, Huang, Eli Lilly Organizations: CNBC, Stock, Nvidia, GTC Conference, Netflix, JPMorgan, Lam Research
Micron touts HBM3E as an essential component to move the needle forward on AI advancement, and so far, analysts agree. Mosesmann's buy rating and $140 per share price target represents 50% upside from Friday's close. The analyst maintains an outperform rating on Micron stock as well as a $120 per share price target, which equates to roughly 29% upside. The firm maintains a buy rating on Micron coupled with a $112 per share price target, more than 20% above the previous close. The analysts raised his price target to $150 from $95, calling for about 61% upside moving forward.
Persons: Rosenblatt, Hans Mosesmann, Mosesmann's, TD Cowen, Krish Sankar, Mehdi Hosseini, Citi's Christopher Danely, Danely Organizations: Micron Technology, Nvidia, GTC Conference, Micro, Analysts, Micron, MU, AMD
Google — Alphabet Class A shares were trading 5.6% higher following a Bloomberg report that said Apple is in talks with Google to license and build its Gemini artificial intelligence engine into future iPhones. Nvidia — The stock moved 2.7% higher ahead of its highly-anticipated GTC Conference , where the chipmaker is expected to announce various AI updates. HashiCorp — Shares jumped 9.8% on news that the San Francisco-based software provider has been considering options including a sale. Taiwan Semiconductor Manufacturing — The U.S.-listed shares gained 1.5% after a Reuters report , citing sources familiar, said Taiwan Semiconductor is deliberating building advanced packaging capacity in Japan. Tesla — Shares rose 3.2% even after Goldman Sachs cut its price target on Tesla by $30 to $190 as the electric vehicle maker faces issues with rising competition and slower demand.
Persons: Apple, Goldman Sachs, Morgan Stanley, , Alex Harring, Samantha Subin, Jesse Pound, Brian Evans, Yun Li, Sarah Min, Michelle Fox Theobald Organizations: Bloomberg, Google, Nvidia, Conference, HSBC, Taiwan Semiconductor Manufacturing, Taiwan Semiconductor, Tesla Locations: San Francisco, U.S, Taiwan, Japan
Stock futures were little changed on Monday after a bounce back in tech shares ahead of Nvidia's inaugural artificial intelligence conference. Heading into Tuesday, Nvidia shares showed signs of cooling as investors shift their focus to the Federal Reserve's two-day policy meeting. Futures tied to the S&P 500 slipped 0.12%, while Dow Jones Industrial Average futures slid 8 points, or 0.02%. AI leader Nvidia pulled back roughly 1% in extended trading, as investors evaluate the news from its first-ever GTC Conference. Wall Street is awaiting guidance on the path forward for monetary policy as the Federal Reserve begins its two-day policy meeting on Tuesday.
Persons: Jensen Huang, Blackwell, iPhones, Sam Millete Organizations: Nvidia, Federal, Dow Jones Industrial, Nasdaq, Conference, Tech, Google, Apple, Bloomberg, stoke, Federal Reserve, Commonwealth Financial Network
Investors see the event as a bellwether for artificial intelligence, as Nvidia is expected to unveil new products and updates. Alphabet , Apple — Shares of the Google parent company gained nearly 7% following a Bloomberg report that said Apple was discussing licensing Alphabet's Gemini artificial intelligence engine into the iPhone. Apple climbed roughly 2%. PepsiCo — The beverage stock rose nearly 4% after an upgrade to overweight from equal weight by Morgan Stanley . PepsiCo's business fundamentals should bottom out early this year and then rebound in the second half, according to Morgan Stanley.
Persons: Apple, Tesla, Morgan Stanley, Uber, — CNBC's Pia Singh, Jesse Pound Organizations: Nvidia —, Conference, Investors, Nvidia, National Association of Realtors, realtors ., , Google, Bloomberg, Apple, Taiwan Semiconductor Manufacturing, Reuters, Bank of America, PepsiCo, Technologies Locations: San Francisco, Japan
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMore upside opportunity for the S&P 500 between now and year end: Evans May Wealth's Brooke MayBrook May, Evans May Wealth managing partner and Viktor Shvets, Macquarie Capital head of global desk strategy, joins 'Closing Bell Overtime' to talk the day's market action.
Persons: Evans, Wealth's Brooke May, Viktor Shvets Organizations: Wealth, Macquarie Capital
Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York, August 8, 2022. Stock futures were little changed on Sunday, as Wall Street awaits guidance on monetary policy from the Federal Reserve this week. Futures tied to the S&P 500 ticked up 0.1%. Dow Jones Industrial Average futures hovered near the flatline, while Nasdaq-100 futures added 0.2%. According to the CME FedWatch Tool, Fed funds futures are currently pricing in a 99% likelihood that the Fed will leave benchmark interest rates unchanged this week.
Persons: Quincy Krosby Organizations: New York Stock Exchange, Stock, Federal Reserve, Dow Jones Industrial, Nasdaq, Dow, Fed, Fed telegraphs, Financial, chipmaker Micron Technology, FedEx Locations: New York
AdvertisementAuto expert Sandy Munro took a Tesla Cybertruck on a mini road trip and had one main complaint — the truck can be difficult to maneuver at times. Instead, Tesla has a rearview camera that displays on the truck's massive infotainment system. The auto expert is far from the first to express frustration with backing up in the Cybertruck. "A camera feed constantly runs on the center screen, but I still checked the rearview mirror out of habit every few minutes." "You have to be cognizant all the time that this is a big truck," Munro said of the Cybertruck.
Persons: Sandy Munro, , Tesla, Munro, I've, Pharrell Williams, Clint Simone, Edmunds, MotorTrend, Scott Evans, Marques Brownlee Organizations: Service, Ford Locations: CybertruckATX, Grand Rapids , Michigan
Making a Scene on the Radio
  + stars: | 2024-03-15 | by ( Ezra Marcus | ) www.nytimes.com   time to read: +1 min
“Do you think about your organs, Timmy?” asked Moriah Evans, an experimental choreographer. “How often do you commit yourself to trying to sense the bodies within your body?”She was live on air, speaking to the artist and teacher Timothy Simonds on Montez Press Radio, an online station based in Manhattan’s Chinatown. Mr. Simonds hosts a show called “Miss Othmar’s Meeting with Teachers,” a reference to Charlie Brown’s teacher, who is only ever heard as a disembodied voice. Every month, he asks people with wildly varying expertise to educate him on something new. That winter afternoon, Ms. Evans was instructing him in the art of dancing with his internal organs.
Persons: Timmy, , Moriah Evans, , Timothy Simonds, Simonds, Charlie Brown’s, Evans Organizations: Montez Press Radio, Miss Othmar’s Locations: Manhattan’s Chinatown
One AI expert said it risks creating "AI policy tax havens" as countries try to attract investment. "Europe is NOW a global standard-setter in AI," Thierry Breton, the European internal market commissioner, said on X. Other countries, including China, have already brought in rules around specific uses of AI. AdvertisementThe legislation has been questioned by some commentators, such as AI and deepfakes expert Henry Ajder, who called it "very ambitious." The EU legislation plans to assign the risks of AI applications into three categories, with applications that cause unacceptable risk set to be banned.
Persons: , Thierry Breton, Henry Ajder, Neil Serebryany, Avani Desai, Schellman, Marcus Evans, Norton Rose Fulbright Organizations: EU, Intelligence, Service Locations: Europe, China, EU, California
Crypto stocks — Stocks whose performance is tied to the price of bitcoin rose as the cryptocurrency pushed to another record for the third day in a row. Dollar Tree posted adjusted earnings of $2.55 per share on $8.64 billion of revenue for the fourth quarter. Analysts surveyed by LSEG, formerly known as Refinitiv, had penciled in $2.65 per share on $8.67 billion in revenue. GE HealthCare — Shares dropped 3% after the medtech company announced a secondary offering of 13 million shares. Analysts had expected earnings of 2 cents per share on revenue of $1.62 billion, per LSEG.
Persons: Coinbase, MicroStrategy, CleanSpark, Baird, Goldman Sachs, Wells, Raymond James, , Alex Harring, Brian Evans, Samantha Subin, Yun Li, Lisa Kailai Han, Pia Singh, Michelle Fox Organizations: Marathon, Iris Energy, Texas, Nvidia, Devices, Micron Technology —, Micron, AMD, LSEG, GE, , GE HealthCare Technologies, General Electric, Royal, Petco, Wellness Locations: Kentucky, Royal Caribbean
CNN —Oscars celebrations were in full swing on Sunday night and no post-show event was more packed with the glittery crowd than the annual Vanity Fair party. By the dance floor, Cardi B greeted Bailey and asked the new mom how her baby was doing. Nearby, Lizzo and her boyfriend scoped out the dance floor and were later seen twisting their arms to take a shot together. Kardashian wore a beige, waist-cinching gown as she fluttered around the party with Baltimore Ravens wide receiver O’Dell Beckham Jr.Kim Kardashian arrives at the Vanity Fair Oscars party. Stefanie Keenan/VF24/WireImage for Vanity Fair/Getty ImagesSam Rockwell, Justin Theroux and Jason Bateman gathered on the dance floor and were greeted by Olympian Shawn White and Nina Dobrev.
Persons: Oscar, Billie Eilish, Christopher Nolan, Barbie ”, “ Oppenheimer, America Ferrera, Margot Robbie, Matt Damon, Emily Blunt, Eilish, Phillip Faraone, Nancy Pelosi, Paul Pelosi, Sally Field, Pelosi, Paul Pelosi Stefanie Keenan, Usher, Ciara, Camila Cabello, Chloe, Cardi, Bailey, “ Barbie, Greta Gerwig, grooving, Barbie, Hari Nef, Lizzo, scoped, Paris Hilton, Nicole Richie, Lindsay Lohan, Kim Kardashian, Kardashian, O’Dell Beckham, Amy Sussman, Jenner, Kris Jenner, Kendall, Kylie Jenner, Kris, Demi Moore, Scout Willis, Bruce Willis, Moore, Elizabeth Banks, , Captain America, Chris Evans, Alba Baptista, Damon, Lucia, Chris Hemsworth, Elsa Pataky, Britney Spears, Mark Ruffalo, Sydney Sweeney, Jennifer Coolidge, Kevin Mazur, , Sweeney, Maude Apatow –, Judd Apatow, Coolidge, Catherine O’Hara, Barry Keoghan, Callum Turner, Sabrina Carpenter, Chelsea Handler, Sofia Vergara, Steven Spielberg, Stefanie Keenan, Sam Rockwell, Justin Theroux, Jason Bateman, Olympian Shawn White, Nina Dobrev, Theroux, Rita Moreno, nosh Organizations: CNN, Wallis Annenberg Center, Hollywood, Paris, Baltimore Ravens, Marvel, Air ” Locations: Beverly Hills, America, Halle, Dua Lipa, Tallulah
Best and Worst Moments From the 2024 Oscars
  + stars: | 2024-03-11 | by ( The New York Times | ) www.nytimes.com   time to read: +1 min
Fittingly for an Academy Awards celebrating 2023, the year of “Barbenheimer,” the movies that made up that phenomenon commanded our attention on Sunday night, too. Most Charming Performance: Ryan Gosling, ‘I’m Just Ken’America’s No. 1 Ken, the “Barbie” star Ryan Gosling — who was also nominated for best supporting actor and presented a tribute to stunt performers with Emily Blunt — brought the house down with his performance of “I’m Just Ken,” one of two nominated “Barbie” songs. Gosling roamed into the audience, getting Greta Gerwig, Margot Robbie, America Ferrera and Emma Stone briefly on mic. If the Oscars wanted a viral video moment, they sure got it (even though it had been announced in advance).
Persons: , Ryan Gosling, Ken, , “ Barbie, Oppenheimer ”, ‘ I’m, Ken ’ America’s, Barbie, Ryan Gosling —, Emily Blunt —, “ I’m, Simu Liu, Kingsley Ben, Adir, Scott Evans, Ncuti, Gosling, Greta Gerwig, Margot Robbie, America Ferrera, Emma Stone, Mark Ronson, Wolfgang Van Halen, — Alissa Wilkinson Organizations: Hollywood Locations: tuxes
In one of the most anticipated and surely one of the most exuberant moments of Oscar night, Ryan Gosling took the stage to perform “I’m Just Ken,” the nominated song from “Barbie” by Mark Ronson and Andrew Wyatt. Wearing a sparkling pink suit and a cowboy hat, Gosling started out in the audience serenading his “Barbie” co-star Margot Robbie, who couldn’t contain her giggles. He then took the stage surrounded by an army of besuited Ken dancers, including fellow movie Kens Simu Liu, Kingsley Ben-Adir, Ncuti Gatwa and Scott Evans. Mark Ronson joined him onstage but Slash of Guns N’ Roses did the true shredding, showing up midway through for a cameo. His early routines, including one in which he wears “Hammer pants,” have received tens of millions of views online.
Persons: Oscar, Ryan Gosling, Ken, , “ Barbie ”, Mark Ronson, Andrew Wyatt, Gosling, Barbie ”, Margot Robbie, Liu, Kingsley Ben, Ncuti Gatwa, Scott Evans, Robbie, Greta Gerwig, “ Barbie, America Ferrera, Emma Stone, Stone, Ronson, Barbie, Britney Spears, Christina Aguilera, Justin Timberlake Organizations: Mouse, Disney Locations: “ La La
TAMPA, Fla. (AP) — Baker Mayfield is staying with the Tampa Bay Buccaneers after agreeing to a three-year contract worth up to $115 million, a person familiar with the deal told The Associated Press on Sunday. The person spoke to the AP on condition of anonymity because the agreement, which includes $50 million guaranteed, had not been finalized. The Tampa Bay Times reported Mayfield will receive $30 million in 2024 and $30 million in 2025, with $20 million guaranteed in the second year of the deal. Mayfield agreed to terms two days after Tampa Bay finalized a two-year, $52 million contract with star receiver Mike Evans, who also passed up an opportunity to test his worth in free agency. The Bucs are also interested in extending the contract of left tackle Tristan Wirfs, who's due to earn a fifth-year option salary of $18.2 million next season.
Persons: — Baker Mayfield, Mayfield, Tom Brady, Dak Prescott, Mike Evans, Evans, Mayfield’s, Liam Coen, Dave Canales, Coen, Jason Licht, Antoine Winfield, who's, Lavonte David, Chase McLaughlin, Tristan Wirfs, Rob Maaddi, ___ Organizations: Tampa Bay Buccaneers, Associated Press, Tampa Bay Times, Bucs, NFC, Cleveland Browns, Carolina Panthers, Los Angeles Rams, NFL, Tampa Bay's, Philadelphia, Detroit, Tampa, Panthers, Rams, AP Pro Football Locations: TAMPA, Fla, Mayfield, Tampa
Mark Zuckerberg has been outspoken about his criticisms of Apple's Vision Pro. In a Friday post on Threads, he trashed the VR headset once again. Zuck said if Meta's Quest is like the Vision Pro in five years, "we'll have regressed significantly." AdvertisementMark Zuckerberg just keeps dumping on Apple's Vision Pro. Friday's social media posts were just the latest in a series of snarky comments Zuckerberg has pointed toward Apple's Vision Pro.
Persons: Mark Zuckerberg, Zuck, , Benedict Evans, it's, Evans, Zuckerberg Organizations: Apple's, Service, Mosaic Ventures, VR, Vision, Meta, Apple, Business, Pro, preorder, Labs, Apple's Vision
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