DIRS.INFO The most relevant business & tech news

☆ No, Taylor Swift isn't in 'Deadpool & Wolverine.' Here's why Swifties and Marvel fans were convinced she'd make an appearance.
▼ + stars: | 2024-07-26 | by ( Olivia Singh | ) www.businessinsider.com time to read: +7 min

The Grammy-winning singer later cast "Deadpool & Wolverine" director Shawn Levy as the dad in her "All Too Well" short film, which was released in November 2021. Following the success of "Deadpool" (2016) and "Deadpool 2" (2018), Reynolds confirmed that a third installment was in the works in 2019. Rumors intensified when production began on 'Deadpool & Wolverine'Hugh Jackman and Ryan Reynolds will star in "Deadpool 3." Gotham/GC ImagesLevy then played coy about the possibility of Swift being in "Deadpool & Wolverine." AdvertisementJust before the release of "Deadpool & Wolverine," Reynolds told E!

Persons: —, Taylor Swift, Swifties, Ryan Reynolds, Reynolds, He's, Swift, Blake Lively, who's, they've, Meredith, Olivia, Shawn Levy, Levy, Guy, Jackman, Logan, Wolverine, She's, Hugh Jackman, Monica Schipper, Dazzler, Simon Kinberg, James McAvoy, Sophie Turner, Lively, Jim McIsaac, Travis Kelce, TheWrap, That's Taylor, she's Organizations: Service, Marvel, Business, Entertainment, Swift, Netflix, Reynolds, NFL, Kansas City Chiefs, New York Jets, Chiefs, coy, SAG Locations: New York, Village

☆ How Visa employed artificial intelligence to check $40 billion in fraud as scammers also take to AI
▼ + stars: | 2024-07-26 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +2 min

Payments giant Visa is using artificial intelligence and machine learning to counter fraud, James Mirfin, global head of risk and identity solutions at Visa, told CNBC. The company prevented $40 billion in fraudulent activity from October 2022 to September 2023, nearly double from a year ago. Fraudulent tactics that scammers employ include using AI to generate primary account numbers and test them consistently, said Mirfin of Visa. We do about 300 billion transactions a year," Mirfin told CNBC. It's looking at a range of different attributes and we're evaluating every single transaction," Mirfin said.

Persons: James Mirfin, Mirfin Organizations: Visa, CNBC, PAN

Meanwhile, Redburn Atlantic initiated coverage of DoorDash with a buy rating and a price target implying upside of more than 60%. He also notched down his price target to $29 from $32, indicating 9.4% downside potential from Thursday's close. Analyst Vivek Arya reiterated his buy rating on the Dutch-based chipmaker in a client note on Thursday. He also cut his price target to $1.25 from $6.25, which was 7 cents below Thursday's close price. DASH YTD mountain AAPL year to date — Hakyung Kim 5:33 a.m.: Raymond James raises Apple price target Raymond James is getting more bullish on Apple ahead of earnings.

Persons: Raymond James, Michael Linenberg, Linenberg, Southwest's, — Hakyung Kim, BofA, Vivek Arya, NXP, NXPI, Arya, Davidson, Alexander Perry's, Perry, Morgan Stanley, International Morgan Stanley, Nathan Feather, Feather, Hakyung Kim, James Cordwell, Cordwell, EBITDA, Srini Pajjuri, Fred Imbert Organizations: CNBC, Apple, Southwest Airlines Deutsche Bank, Southwest Airlines, Revenue, NXP, Bank of America, EV, Harley, International, WW International, DoorDash Locations: U.S, China, Thursday's, 2H24

☆ Sales of $100 million homes set to double this year as trophy properties recover
▼ + stars: | 2024-07-26 | by ( Robert Frank | ) www.cnbc.com time to read: +2 min

Sales of $100 million homes are on track to double this year, as surging financial markets and hopes for rate cuts fuel a recovery in the ultra-luxury real estate market, according to new reports. As of July 15, six homes in the U.S. have sold for more than $100 million, according to data from Miller Samuel and Douglas Elliman. If the sales pace continues, it would more than double last year's total and likely eclipse the record of nine homes sold for over $100 million in 2021. But sales of homes priced at $50 million, $20 million and even $10 million are all signaling a strong rebound for the ultra-luxury real estate market after its decline in 2023. A penthouse at Central Park Tower — the tallest residential building in the world — closed for $115 million to an unknown buyer.

Persons: Robert Frank, Miller Samuel, Douglas Elliman, Jonathan Miller, Aman, Vladislav Doronin, Oakley, James Jannard Locations: U.S, Manhattan, York, Russian, Palm, Tarpon Island, California

☆ Yen heads for strongest week in 3 months as carry trades unwind
▼ + stars: | 2024-07-26 | by ( ) www.cnbc.com time to read: +3 min

The yen was poised for its strongest week in nearly three months on Friday as traders unwound their long-held bets against the frail currency ahead of crucial U.S. inflation data that could cement rate cut expectations. The yen was poised for its strongest week in nearly three months on Friday as traders unwound their long-held bets against the frail currency ahead of crucial U.S. inflation data that could cement rate cut expectations. The euro was a tad stronger at $1.0853 but is down 0.35% for the week, its steepest weekly decline since early June. The souring risk sentiment this week has weighed heavily on the Aussie and the New Zealand dollar . The Aussie is down 2% for the week, its worst weekly performance since November 2023.

Persons: James Athey, Ben Bennett, they're Organizations: Marlborough Investment Management, Federal, Fed, Traders, Bank of Japan, Legal, General Investment Management, New Zealand Locations: Tokyo, Asia, Pacific

☆ Ryan Reynolds and Blake Lively's kids have cameos in 'Deadpool & Wolverine' — and you probably missed it
▼ + stars: | 2024-07-26 | by ( Olivia Singh | ) www.businessinsider.com time to read: +3 min

Read previewWarning: Major spoilers ahead for "Deadpool & Wolverine." "Deadpool & Wolverine" is packed with so many cameos that the appearances from Ryan Reynolds and Blake Lively's kids may have gone unnoticed. In "Deadpool & Wolverine," Ladypool has a baby, aptly titled Babypool, who is played by the couple's youngest child, Olin. AdvertisementLively plays Lady Deadpool in "Deadpool & Wolverine." Reynolds also gave his family a shout-out at the New York premiere of "Deadpool & Wolverine" on Monday.

Persons: —, Ryan Reynolds, Blake Lively's, Shawn Levy, Reynolds, Wade Wilson, Hugh Jackman's Logan, Wolverine, Matthew Macfadyen, Hugh Jackman, Logan, Jay Maidment, they're, Lively, Ladypool, James, Inez, Betty, Olin, Kidpool, Deadpool, Marvel Studios Betty doesn't, Hugh, Blake Organizations: Service, Business, Marvel Studios, Marvel, People, New York

How to watch the Olympics Opening Ceremony in the USThe Olympics Opening Ceremony will air live at 1:30 p.m. Check price at FuboHow to watch the Olympics Opening Ceremony in the UKThe Olympics Opening Ceremony will air on BBC One, which means that British viewers will be able to live stream the ceremony for free through BBC iPlayer. How to watch the Olympics Opening Ceremony in AustraliaThe Olympics Opening Ceremony will live stream for free on 9Now in Australia. How to watch the Olympics Opening Ceremony in FranceFrance.TV is the French home of the Olympics Opening Ceremony. Enjoy the Olympics Opening Ceremony.

Persons: We've, LeBron James, Coco Gauff, Peacock, we've, ExpressVPN Organizations: Business, Paris Olympics, of Nations, US, Eiffel, NBC, Fubo, BBC, Eurosport, Discovery Locations: Paris, United States, Australia, France, 9Now, France.TV

☆ Who plays Ladypool in 'Deadpool & Wolverine'? Everything to know about the A-list cameo
▼ + stars: | 2024-07-26 | by ( Olivia Singh | ) www.businessinsider.com time to read: +5 min

The character is one of many variants of Deadpool that appear in Marvel's "Deadpool & Wolverine," which stars Ryan Reynolds as the Merc with a Mouth and Hugh Jackman as Wolverine. Blake Lively plays LadypoolBlake Lively at the world premiere of "Deadpool & Wolverine." Fans suspected that Lively was Ladypool before 'Deadpool & Wolverine' hit theatersBlake Lively and Ryan Reynolds at the world premiere of "Deadpool & Wolverine" in July 2024. Plus, she visited the "Deadpool & Wolverine" set, so it seemed like a no-brainer for her to appear in the film. AdvertisementBlake Lively plays Ladypool, but her face is never shown in "Deadpool & Wolverine."

Persons: —, Deadpool —, Ryan Reynolds, Hugh Jackman, Wolverine, Blake Lively, Ladypool Blake Lively, Evan Agostini, they're, Reynolds, Ladypool, Peter, Rob Delaney, Deadpool, Lively, She's, Olin, Inez, James, Taylor, Lady Deadpool, Taylor Swift, Jackman, Ryan, Avril Lavigne, Harry Potter, Deadpool's, @deadpoolmovie I've Organizations: Service, Business, TVA, Deadpool Corps, Corps, New, New York City Locations: Lively, New York

☆ Video: Coco Gauff reacts to being named Team USA flag bearer with LeBron James
▼ + stars: | 2024-07-26 | by ( Coy Wire | ) edition.cnn.com time to read: 1 min

How relevant is this ad to you? Video player was slow to load content Video content never loaded Ad froze or did not finish loading Video content did not start after ad Audio on ad was too loud Other issues

☆ Coco Gauff still can’t wrap her head around the honor of being Team USA’s flagbearer
▼ + stars: | 2024-07-25 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +3 min

Gauff will serve as flag bearer alongside basketball superstar LeBron James – a role she has yet to truly wrap her mind around. “I don’t know when I’m going to meet him, but I’m already stressed about it really,” Gauff told CNN’s Coy Wire. She’s one of the faces of Team USA in Paris and says she’s finding the experience a little bizarre. “It took a while for it to sink in, (it still hasn’t really) sunken in,” Gauff told Wire just hours ahead of her big moment. “So many people are coming up to say congratulations, not just from Team USA but from other sports and countries as well.

Persons: Paris CNN — Coco Gauff, LeBron James –, ” Gauff, CNN’s Coy, “ I’ve, There’s, Simone Biles, Katie Ledecky, she’s, Wire, Gauff, “ Organizations: Paris CNN, Summer, Paris Games, Tokyo Games, Team USA, USA Locations: USA, Paris, “

☆ Rupert Murdoch's succession plans just got a lot more like 'Succession'
▼ + stars: | 2024-07-25 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

Read previewAn intrafamily battle that could have been pulled straight out of the page of Jesse Armstrong's "Succession" has been playing out behind the scenes for the future of Rupert Murdoch's vast media empire. Lachlan, who is sometimes seen as a parallel to Roman Roy, as Business Insider's Madeline Berg reported, would likely preserve the political leanings of the media empire once he takes over. AdvertisementMurdoch's decision to give Lachlan control of his media empire has left the patriarch estranged from his three eldest children, according to the Times. None of the three children attended Murdoch's wedding to Elena Zhukova in June at his California vineyard, according to the Times report. Elisabeth left the media empire years ago in 2000, while Prudence is said to be the least involved in the business.

Persons: —, Jesse Armstrong's, Rupert Murdoch's, Rupert Murdoch, Lachlan Murdoch, Lachlan, — James, Elisabeth, Prudence —, Rupert, Roman Roy, Madeline Berg, James, Prudence, Murdoch, Elena Zhukova, Donald Trump Organizations: Service, Fox, News Corp, Fox News, Street Journal, The New, The New York Post, Business, The New York Times, Times, New Yorker Locations: The New York, Reno , Nevada, Nevada, California

☆ She makes $550,000 a year. Her husband makes $60,000. Here's how it affects their relationship
▼ + stars: | 2024-07-25 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +4 min

Her husband, James, 39, is a freelance musician who earns around $60,000 a year. James said he wants to contribute more toward their lifestyle and retirement goals, but he knows he can't match-up financially. "Geena wants James to be engaged with money. "Taylor wants Steve to want more for himself, to become a financial partner in their relationship," Sethi said. "The solution is to fix your worldview of money and master your own money psychology," Sethi said.

Persons: Geena, James don't, James, I've, Ramit Sethi, Rich, I'm, Sethi, Taylor, Steve, it's, James isn't, James doesn't, he's Locations: New York

☆ 10 athletes to watch from Team USA at the Summer Olympics
▼ + stars: | 2024-07-25 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +11 min

Paris CNN —Competition is already underway in Paris for the 2024 edition of the Summer Olympics and Team USA is set to take to the River Seine Friday for the Opening Ceremonies. It was the biggest shock of the Tokyo Games and left many observers wondering if the career of one of the most incredible athletes of all time had just ended in a flash. Noah Lyles competes in the men's 200 meter semi-final on Day Eight of the 2024 U.S. Olympic Team Track & Field Trials at Hayward Field on June 28, 2024 in Eugene, Oregon. Sha’carri RichardsonSha'Carri Richardson wins women's 200m heat in 21.99 for the top time during the US Olympic Team Trials at Hayward Field. Sophia SmithHeading to her first Olympics, Smith is the leading light of a new generation of stars for the US Women’s National Team.

Persons: Simone Biles Simone Biles, Laurent Landi, Matthias Hangst, Biles, isn’t, –, LeBron James It’s, James –, James, LeBron James, Altaf Qadri, James ’, Coco Gauff, Katie Ledecky, Ledecky, Sarah Stier, Noah Lyles He’s, Noah Lyles, Patrick Smith, Jamacia’s Kishane Thompson, Thompson’s countryman, Usain Bolt, Sha’carri Richardson Sha'Carri Richardson, Kirby Lee, Richardson, Caeleb Dressel, Dressel, USA's Caeleb Dressel, Jonathan Nackstrand, he’s, It’s, Sophia Smith, Smith, it’ll, Tierna Davidson, Jason Mowry, Sunisa Lee, Sunisa, Lee, Jamie Squire, A’ja Wilson Wilson, Caitlin Clark, Angel Reese, A'ja Wilson, Derek White, Wilson –, Clark, Wilson, Paris, Sydney McLaughlin, McLaughlin, Levrone, Charlie Neibergall, Femke Bol, Bol Organizations: Paris CNN —, Summer Olympics, Team, Team United States, FIG, Antwerp, Olympics, Tokyo Games, US, Athens Games, Los Angeles Laker, Australia, United, United Arab Emirates, Northside Swim Center, Team USA, Games, Olympic, Hayward Field, US Olympic, Hayward, USA, Reuters, Tokyo, Tokyo Aquatics, Getty, National Team, Portland Thorns, Canada, Russian, Las Vegas Aces, Atlanta, Gateway Center, College Park ,, U.S Locations: Paris, France, Antwerp, Belgium, Tokyo, Rio de Janeiro, Athens, Abu Dhabi, United Arab, USA’s, San Antonio , Texas, Eugene , Oregon, AFP, United, United States, American, College Park, College Park , Georgia, Eugene ,

☆ Jasper wildfire burns structures in a town in the Canadian Rockies’ largest national park
▼ + stars: | 2024-07-25 | by ( Associated Press | ) edition.cnn.com time to read: +5 min

GRAND PRAIRIE, Alberta AP —One of two raging wildfires menacing the town of Jasper in the Canadian Rockies’ largest national park roared into town Wednesday and began burning buildings. Jasper National Park officials said the fire entered the southern edge of the community Wednesday evening and crews were battling multiple structural fires and working to protect key infrastructure. Forest firefighters and others without self-contained breathing apparatuses were told to evacuate to the nearby town of Hinton, with structural firefighters staying behind. Searchers looking through the backcountry trails of Jasper National Park already had picked up 245 people, and they continued the search Wednesday in two helicopters, Ellsworth said. Residents and visitors streamed out by the thousands late Monday and Tuesday, and officials said Wednesday the evacuation of the town of Jasper was complete.

Persons: James Eastham, “, ”, Jasper, –, Justin Trudeau, Danielle Smith, Katie Ellsworth, Carolyn Campbell, perimeters, Ellsworth, Crews, Marilyn Monroe, wasn’t, Leanne Maeva Joyeuse, “ We’re, ” Joyeuse Organizations: PRAIRIE , Alberta AP, Canadian Rockies, Jasper National, Parks Canada, Pipeline, Jasper National Park, Canadian Press, United Nations, Hollywood, Residents Locations: PRAIRIE , Alberta, Jasper, Hinton, Alberta, Canada, Jasper , Alberta, ” Jasper

☆ It's the end of budget airlines as we know them
▼ + stars: | 2024-07-25 | by ( Taylor Rains | Pete Syme | ) www.businessinsider.com time to read: +5 min

Read previewBudget airlines are upending many of their original business plans as increased costs wreak havoc on their bottom lines. On Thursday, Southwest Airlines announced the end of its open seating policy, a 50-year practice of letting passengers choose their seats based on their boarding order instead of having one pre-assigned. Budget flying has been moving in this direction for yearsThe industry's sea change has left budget carriers scrambling to increase revenue without turning away customers, prompting major policy changes. Other budget airlines have been similarly evolving their business models in recent years. Frontier Airlines and Spirit Airlines, for example, ditched most cancellation and change fees for ticket holders.

Persons: —, Savanthi, Raymond James, Henry Harteveldt, Scott Kirby, Bob Jordan, Jordan, I'm Organizations: Service, Southwest Airlines, Business, Frontier Airlines, Spirit Airlines, JetBlue, Spirit, United Airlines, CNBC Locations: Southwest

☆ Democrats continue to see influx of funding following Harris pick
▼ + stars: | 2024-07-25 | 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 EmailDemocrats continue to see influx of funding following Harris pickCNBC’s Brian Schwartz and James Pethokoukis, economic policy analyst at the American Enterprise Institute, join 'The Exchange' to discuss the influx of donations to the Democratic party, implications for the presidential race, and more.

Persons: Harris, Brian Schwartz, James Pethokoukis Organizations: Email, American Enterprise Institute, Democratic

☆ John Hinckley Jr. and the Madness of American Political Violence
▼ + stars: | 2024-07-25 | by ( Mark O Connell | ) www.nytimes.com time to read: +2 min

The federal court that granted his release did so on certain conditions. In 2022, not long after his mother died, the last of those restrictions were lifted. Hinckley had by then opened a Twitter account and amassed thousands of followers. !” His following grew, and he quickly began to use his platform to release music and promote upcoming gigs. But every single one of them was canceled before he could play, as a result of backlash, including anonymous threatening emails, received by the venues.

Persons: Ronald Reagan, Jodie Foster —, John W, Hinckley Jr, Jo Ann, Hinckley, Ronald Reagan —, Timothy McCarthy, Thomas Delahanty, James Brady Organizations: Secret Service Locations: St, Washington ,, Williamsburg, Va

☆ Former St. Louis Fed President: Probability of a recession isn't any higher now than ordinary times
▼ + stars: | 2024-07-25 | 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 EmailFormer St. Louis Fed President: Probability of a recession isn't any higher now than ordinary timesFormer St. Louis Fed President James Bullard joins 'Squawk Box' to discuss the state of the economy, what to make of today's GDP report, impact on the Fed's inflation fight, rate path outlook, and more.

Persons: Louis, James Bullard Organizations: Former, Louis Fed, St

☆ Secret family battle for Murdoch empire revealed in sealed court documents: NYT
▼ + stars: | 2024-07-25 | by ( Jessie Yeung | ) edition.cnn.com time to read: +5 min

CNN —The Murdoch family, famous for helming one of the world’s most influential news empires, is locked in a secret court battle over succession and control, according to a New York Times report citing sealed court documents. By granting control to only Lachlan, Murdoch is arguing in court, he is protecting the companies’ value – which then benefits all his heirs, according to The Times. He began learning the family business at a young age and rose quickly through the ranks. Rupert Murdoch with his sons Lachlan (left) and James (right) attending his wedding to Jerry Hall in London on March 5, 2016. While apparently considered the most similar to Rupert, Elisabeth has struggled to advance in the family business.

Persons: Murdoch, Rupert Murdoch, ”, Rupert Murdoch’s, – Lachlan, James, Elisabeth, Prudence –, Lachlan, –, Prudence, Jerry Hall, Max Mumby, James –, Joe Biden’s, Kathryn, Rupert, Logan Roy, Jim Rutenberg, ” Rutenberg Organizations: CNN, New York Times, Fox Corporation, News Corporation, Street, New, New York Post, Forbes, Fox Corp, News Corp, The Times, Times, Lachlan, Fox News, Democratic, Republican Party, Disney Locations: New York, London, Australia, “

An “irrevocable” trust? Rupert Murdoch is showing yet again that real life can be more fascinating than fiction. It’s about control of a global media business with extraordinary political power, one that’s still trying to preserve its influence in America and elsewhere. The context: When Murdoch dies, control of the family’s companies, including the broadcaster Fox and the newspaper publisher News Corp, will be shared among his four eldest children via the trust. Under the arrangement, Prudence, Lachlan, James and Elisabeth will each get an equal say in how the businesses are run.

Persons: Rupert Murdoch, —, Jim Rutenberg, Jonathan Mahler, isn’t, Murdoch, Prudence, Lachlan, James, Elisabeth Organizations: Fox, News Corp Locations: Nevada, America

☆ Setting aside $10 a day could help you save over $1 million for retirement—but you have to start early
▼ + stars: | 2024-07-25 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

Although the thought of saving $1 million or more by the time you reach retirement age may seem overwhelming, the process doesn't have to be — especially if you start early. Instead of focusing on the total, try paying attention to your savings rate, which is the percentage of your annual pre-tax income you're contributing to your retirement investment account. But your savings rate is something you can control. Fidelity recommends a savings rate of at least 15%, inclusive of any employer match. To that point, you can begin your retirement savings journey by setting aside just $10 a day, or $70 a week.

Persons: it's, James Royal Organizations: Fidelity, CNBC

☆ Remember when Taylor Swift wore drag in ‘The Man’ music video
▼ + stars: | 2024-07-25 | by ( Caitlin Chatterton | ) edition.cnn.com time to read: +12 min

Ethan Miller/TAS23/Getty Images Swift performs "Lover" with her band, backup singers and dancers in Nashville, Tennessee, in May 2023. John Shearer/TAS23/Getty Images Swift performs in Glendale, Arizona, during the opening weekend of "The Eras Tour" in March 2023. John Shearer/TAS23/Getty Images Swift sings "I Can Do It With a Broken Heart" in Paris in May 2024. Allen J. Schaben/Los Angeles Times/Getty Images Swift performs the 10-minute version of "All Too Well" in Nashville in May 2023. John Shearer/TAS23/Getty Images Swift leaves the stage after the "Speak Now" set in Nashville in May 2023.

Persons: He’s, it’s Taylor Swift, Swift, ”, Taylor —, “ Tyler ”, Tyler, Taylor, Swift's Versace, Peter Kelleher, that’s, “ Taylor Swift, Bahama, ” Kate Bailey, Versace, Queen, Mariah Carey, Lady Gaga, Jo Calderone, Zayn Malik, Troye Sivan, Taylor Swift, Kevin Mazur, Natasha, Ethan Miller, John Shearer, Kevin Winter, Benjamin B, Braun, Jutharat, Phoebe Bridgers, Bridgers, Raymond James, Zack Wittman, Hector Vivas, Gareth Cattermole, Don Arnold, TAS24, Rachel Wisniewski, Terence Rushin, Travis Kelce, Haim, Jeff Kravitz, Erin Clark, Sarah Yenesel, Sabrina Carpenter, William West, Christopher Polk, Bob Levey, TAS23, Allen J, ” Swift, Biden Organizations: CNN, MTV, Victoria, Albert Museum, Little, Swift City, Pittsburgh, MetLife Stadium, New York Times, Department, Lincoln Financial, Washington Post, Ticketmaster, Boston Globe, Getty, Penske Media, Los Angeles Times Locations: London, East Rutherford , New Jersey, Chicago, Las Vegas, Nashville , Tennessee, Glendale , Arizona, Glendale, Swift, Los Angeles, Pittsburgh, East Rutherford, Paris, Nashville, Tampa , Florida, Mexico City, Edinburgh, Scotland, Sydney, Philadelphia, Atlanta, Santa Clara , California, Foxborough , Massachusetts, Kansas City , Missouri, Coney, Melbourne, AFP, Lyon, France, Houston, Inglewood , California, Cincinnati

☆ Here are Wednesday's biggest analyst calls: Tesla, Spotify, Apple, GM, Alphabet, Imax, Disney & more
▼ + stars: | 2024-07-24 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Wednesday's biggest calls on Wall Street: RBC upgrades Estee Lauder to outperform from sector perform RBC said it sees an attractive risk/reward. Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's standing by shares of Tesla following the release of disappointing earnings. Morgan Stanley initiates Biohaven as overweight Morgan Stanley said it sees "value creation" for the biotech company. Morgan Stanley downgrades General Motors to equal weight from overweight Morgan Stanley said it sees a more "balanced" risk/reward for shares of GM. " Cantor Fitzgerald downgrades Tesla to neutral from overweight Cantor downgraded Tesla following earnings on Tuesday.

Persons: Lauder, Raymond James, Taylor Morrison, it's, Morgan Stanley, Tesla, Tesla's, TD Cowen, JFrog, Cowen, Lockheed Martin, Goldman Sachs, Goldman, Smith, Stifel, GOOGL, Jefferies downgrades, Gamble, Jefferies, Piper Sandler downgrades Ulta, Piper, Gordon Haskett, Joel Anderson, Cantor Fitzgerald downgrades Tesla, Cantor Organizations: RBC, Taylor Morrison Homes, Tesla, Lockheed, Spotify, JPMorgan, Garden Entertainment, Apple JPMorgan, Apple, Jefferies downgrades Colgate, Palmolive, Procter, Colgate, Gamble, Deutsche Bank, Deutsche, Motors, GM, Barclays, Disney, Universal Studios, Davidson Locations: GenAI, Malibu

☆ 9 stocks to buy as historically cheap small caps rally during a risky earnings season: Bank of America
▼ + stars: | 2024-07-24 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

US small caps hadn't been down that long since the painful stretch from mid-2007 to early 2011. While smaller stocks languished, large-cap companies dominated, due in part to enthusiasm about their exposure to artificial intelligence. Bank of AmericaThis valuation discrepancy is no secret, so Bank of America believes the market rally will broaden beyond the mega-cap leaders as investors shift toward smaller stocks. Earnings expectations for small caps have tumbled in the last several months, Hall said, noting that analysts are no longer pricing in positive profit growth. "Guidance has still generally been weaker than average for small caps."

Persons: —, Jill Carey Hall, Russell, Hall, they'll, haven't, It's, everyone's Organizations: Service, Bank of America's, Business, Bank, America, Bank of America, Federal Reserve, —

☆ The Senate has a new plan to ban congressional stock trading. Here's what's in it.
▼ + stars: | 2024-07-24 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

Read previewOn Wednesday, a key Senate panel approved a bill that would ban lawmakers from trading stocks. The Senate Homeland Security and Government Affairs Committee approved the legislation — known as the Ending Trading and Holdings in Congressional Stocks (ETHICS) Act — by an 8-4 vote. AdvertisementPolling has shown for years that the idea of banning lawmakers from trading stocks in broadly popular among members of both parties. This is the most significant progress on a stock trading ban in yearsThe last time either chamber got close to passing a stock trading ban was in September 2022, when House Democrats proposed a sweeping bill that included a major loophole and had little time to be vetted by members. Many saw the effort as a sham designed to appease those who had been pushing for a stock trading ban.

Persons: —, Republican Sens, Rand Paul of Kentucky, Ron Johnson of, Mitt Romney, James Lankford, Democratic Sen, Jeff Merkley, they've, There's, Merkley, Jon Ossoff, Josh Hawley, Missouri —, Gary Peters of, Wednesday's, Chuck Schumer Organizations: Service, Senate Homeland Security, Government, Committee, Holdings, Congressional, Republican, Business, Democratic, Treasury, House Democrats, Gary Peters of Michigan Locations: Ron Johnson of Wisconsin, Utah, Oklahoma, Oregon, Georgia, Missouri

Search resuls for: "james"

25 mentions found