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download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewKensington Palace is floundering — but there are two key ways its reputation can be mended, according to royal commentators and PR experts. Kate Middleton has been absent from the public eye since January, when the palace said she underwent abdominal surgery. In a rare personal message posted to Kensington Palace's X account on Monday, Kate said: "Like many amateur photographers, I do occasionally experiment with editing." Kensington Palace's reputation matters more than ever, especially as the monarchy's value has come into question after Queen Elizabeth II's death.
Persons: , Kate Middleton, Kate, Prince William, Karwai Tang, Wales, Evan Nierman, Banyan, Queen Elizabeth II's, Sovereign Grant, William's, William, Queen Camilla, Jack Royston, Samir Hussein, Chris, Tenile Clarke, Clarke Organizations: Service, Business, Kensington Palace, Sovereign, Brand Finance, Commonwealth, ITV, Ship, Chambers Media Solutions Locations: Kensington, Republic, Wales
CNN —Prince Harry and his wife Meghan, Duchess of Sussex, visited Uvalde, Texas on Saturday and met with the family of Irma Garcia, a beloved schoolteacher killed in the Robb Elementary School shooting. Irma Garcia’s nephew, John Martinez, told CNN Harry and Meghan have kept in contact with his family since the massacre, which the US Justice Department and other agencies agree was met with a disastrous law enforcement response. Meghan attended and spoke at the South by Southwest festival in Austin on Friday, the day before she and Harry made a stop in Uvalde to check in on the family, Martinez said. John Martinez“It was such a beautiful experience, they’re so nice and compassionate, very down to earth, humble people,” Martinez told CNN in a text message. Meghan visited Uvalde days after the shooting where she was seen placing flowers at a makeshift memorial in front of the county courthouse.
Persons: Prince Harry, Meghan, Duchess of Sussex, Irma Garcia, Garcia, , Joe Garcia, Irma Garcia’s, John Martinez, CNN Harry, Harry, Martinez, Carlos Martinez, John Martinez “, ” Martinez, Irma, Claudia Martinez, Irma’s, Uvalde, , Jesse Prado, Prado, , Veronica Mata, Tess, “ We’re, CNN’s Ray Sanchez, Rachel Clarke Organizations: CNN, Robb Elementary School, US Justice Department, Southwest, Uvalde Consolidated Independent School, Austin police Locations: Uvalde , Texas, Austin
Alpha capture strategies take inputs from sources like human traders, market data, sell-side research, and more and then use a systematic process to create a portfolio that is efficiently sized and hedged. CenterBook uses trading data from dozens of external firms to create its portfolios, while Norias will create its book off the ideas of its fundamental analysts. Meanwhile, Man Group is building out an alpha capture team within its AHL unit's special strategies team, a recent job posting states, and Squarepoint is doubling its team, finding external managers for its buy-side alpha capture program. "It is a way for them to increase their capacity and take in more assets," said Kevin Lyons, senior investment manager at Abrdn, about the largest platforms growing their internal alpha capture capabilities. AdvertisementThe alpha capture OGIt can all be tied back to the success of the original mainstream alpha capture strategy: Marshall Wace's TOPS, which stands for Trade Optimized Portfolio System.
Persons: , Marshall Wace, Doug Haynes, Norias, Basil Qunibi, Squarepoint quant Warren Touwen, Merrill Lynch, Squarepoint, Touwen, Kevin Lyons, Marshall, Anthony Clarke, Cameron Hight, Hight, it's, headhunter Organizations: Service, Business, CenterBook Partners, Research, Investors, AHL, TOPS Locations: Austin, Abrdn, London
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC's Julia Boorstin on TODAY with New York Liberty CEO Keia ClarkeCNBC's Julia Boorstin joins TODAY to discuss trends on the inaugural CNBC Changemakers list of 50 women transforming business. Boorstin is joined by New York Liberty CEO Keia Clarke, who is among those named to this year's list.
Persons: Julia Boorstin, Keia Clarke, Boorstin Organizations: New York Liberty, CNBC
Shares of Dell Technologies popped more than 15% during extended trading Thursday after the company released fourth-quarter results that beat analysts' estimates and showed strong demand for its artificial intelligence servers. The company reported net income $1.16 billion, up 89% from the $614 million it posted in the same period last year. Servers and networking revenue made up the bulk of that, with $4.9 billion in revenue driven by "AI-optimized servers." The company's Client Solutions Group (CSG) reported $11.7 billion for the quarter, down 12% year over year. For its first quarter, Dell said during its quarterly call with investors that it expects to report revenue between $21 billion and $22 billion.
Persons: LSEG, Yvonne McGill, Jeff Clarke, Dell Organizations: Dell Technologies, LSEG, Solutions, CNBC PRO
New York CNN —It’s not a good time to be selling PCs — Dell has been grappling with sinking demand for the past few years. But its stock still shot up 20% in after-hours trading after the company excited investors about the tech industry’s favorite buzzwords: artificial intelligence. Dell revenue declined 11% in the fourth quarter. Still, the Texas-based firm noted demand for powerful servers to run AI workloads surged in the last three months. Dell Technologies shares, which reached a record high close to cap Thursday’s trading session, rose almost 20% in after-hours trading.
Persons: New York CNN — It’s, Dell, workloads, “ We’ve, Jeff Clarke, Gartner, ” Clarke, CNN’s Krystal Hur Organizations: New, New York CNN, Dell, Dell Technologies, Nvidia Locations: New York, Texas
Republican lawmakers in Georgia are pushing to toughen state laws that govern detentions of undocumented migrants after a killing at a college campus sent shock waves through the state. Last Thursday, the body of Laken Riley, a 22-year-old woman, was found in a wooded area on the campus of the University of Georgia in Athens. Officials said that Mr. Ibarra and Ms. Riley did not know each other before the encounter that ended in Ms. Riley’s death. As an outpouring of grief ensued in Athens, immigration policies in Georgia have come under renewed scrutiny, with Republican lawmakers looking to exercise more state power over local law enforcement agencies. Mayor Kelly Girtz of Athens-Clarke County has faced criticism from conservatives for his welcoming stance toward migrants, and a bill in the State House that would harden Georgia’s existing laws on immigration has gained new momentum.
Persons: Laken Riley, Jose Antonio Ibarra, Mr, Ibarra, Riley, Mayor Kelly Girtz Organizations: University of Georgia, Republican Locations: Georgia, Athens, Venezuela, Clarke
Albert Einstein College of Medicine received a record-breaking $1 billion donation for free tuition. The donation means all current and future students will receive free tuition. AdvertisementA student at a Bronx medical school that received a $1 billion tuition fee donation said he was elated, but he wouldn't want to be in the shoes of future applicants. "I still have to pinch myself and remind myself that this actually happened," Kohanzadeh told Business Insider. AdvertisementNonetheless, he said he would still encourage future students to apply as it isn't "out of reach for anyone who is extremely passionate."
Persons: Albert, , Ruth Gottesman, Gottesman, David, Sandy, Brent N, Clarke, Warren Buffett, XOy9HZLbfD, 1ijv02jHFk —, Avraham, Avi, Kohanzadeh, would've, there's Organizations: Albert Einstein College of Medicine, Service, New York Times, Forbes, Manhattan Co, Times, Pediatrics, Health, Business Locations: Bronx, Berkshire Hathaway, @EinsteinMed
When a 22-year-old nursing student was found dead on a wooded trail at the University of Georgia in what’s believed to be the first homicide on campus in nearly 30 years, it set off waves of grief and fear that shook the university to its core. But when a 26-year-old migrant from Venezuela was charged on Friday with kidnapping and murdering the student, Laken Riley, it did something else: It transformed Athens and Clarke County, a community of about 130,000 people some 70 miles east of Atlanta, into the latest flashpoint in the political fight over American immigration policy. In a social media post on Monday, former President Donald J. Trump called the suspect, Jose Antonio Ibarra, a “monster,” and blamed President Biden for an “invasion” that is “killing our citizens.” Earlier in the day, at an event at the university, Gov. Brian Kemp of Georgia decried “an unwillingness by this White House to secure the southern border.”A third Republican, Representative Mike Collins, who represents Athens, wrote on social media: “The blood of Laken Riley is on the hands of Joe Biden, Alejandro Mayorkas and the government of Athens-Clarke County,” referring to the unified city-county government.
Persons: what’s, Laken Riley, Donald J, Trump, Jose Antonio Ibarra, Biden, Brian Kemp of Georgia, , Mike Collins, Joe Biden, Alejandro Mayorkas Organizations: University of Georgia, Gov, Republican Locations: Venezuela, Athens, Clarke County, Atlanta, Clarke
New York CNN —Students at the Albert Einstein College of Medicine in New York will receive free tuition after a $1 billion dollar donation from a former faculty member. In 2010, their gift of $25 million to the Albert Einstein College of Medicine went towards creating the school’s Institute for Stem Cell Research and Regenerative Medicine. Professor Emerita of Pediatrics at Albert Einstein College of Medicine and The Lizette H. Sarnoff Award recipient Ruth L. Gottesman, Ed.D. Brent N. Clarke/Getty ImagesDr. Ruth Gottesman joined the medical school in 1968 and developed screening, evaluation and treatments for children with learning disabilities. In 2018, in part due to Langone’s donations, NYU’s School of Medicine became the first medical school in the country to offer free tuition to accepted students.
Persons: Ruth Gottesman, David “ Sandy ” Gottesman, Berkshire Hathaway, Warren Buffett, Philip Ozuah, Sandy Gottesman, , Sandy, , H, Sarnoff, Ruth L, Brent N, Clarke, Emily Fisher Landau, Ruth Gottesman’s, Michael Bloomberg, Ken Langone, Yaron Tomer, Albert Einstein Organizations: New, New York CNN, Albert Einstein College of Medicine, Montefiore Medicine, Manhattan Co, school’s, Stem Cell Research, Regenerative, Sinai, Pediatrics, Rehabilitation Center, Emily Fisher Landau Center, Johns Hopkins University, Home Depot, NYU’s School of Medicine, Association of American Medical Colleges, Locations: New York, Berkshire, Manhattan, New York City, Bronx
Highmark Health announced Monday that it's integrating technology from Google Cloud and the health-care software company Epic Systems to try to improve data gathering for providers and payers. Highmark, headquartered in Pittsburgh, is the parent company of a health plan with 7 million members, a provider network of 14 hospitals and several other entities. "Doctors don't need help once they have information; the problem is they don't have it," Farah told CNBC in an interview. Highmark said its new integration will also help it aggregate clinical data from its hospitals that representatives from its health plan need to access. The technology can automatically notify the health plan about upcoming patient visits, for instance.
Persons: Highmark, Dr, Tony Farah, Farah, Richard Clarke, Clarke, Amy Waldron, It's Organizations: Highmark Health, Google, Systems, Consumer, Microsoft, Amazon Web Services, American Medical Association, Care, Community Health, CNBC, Health Locations: U.S, Pittsburgh
CNN —A vigil will be held Monday afternoon for Laken Hope Riley, an Augusta University nursing student who was found dead after jogging on the University of Georgia campus last week, as her suspected killer’s immigration status has drawn the scrutiny of Republican leaders. Riley, who was a UGA student until May 2023, was found dead Thursday near a lake on the university’s campus from blunt force trauma, according to UGA Police Chief Jeff Clark. Riley’s killing has left the University of Georgia to grieve two tragic deaths that occurred less than a day apart: Her body was discovered just hours after the death of a UGA student the previous night. The Monday afternoon vigil will be co-hosted by Riley’s Alpha Chi Omega sorority at UGA in remembrance of both of the dead students, the university said. Clark referred to Riley’s killing as a “crime of opportunity,” noting he believes the suspect acted alone.
Persons: Laken Hope Riley, Riley, Jeff Clark, Jose Antonio Ibarra, Ibarra, Clark, haven’t, ” Clark, outcries, Brian Kemp, Joe Biden, ” Kemp, Joe Biden’s, Mike Johnson, Riley’s, Biden, , ” Jose Antonio Ibarra Clarke, Greg Abbott, Diego Ibarra, Peers, , , ” Riley, ” Laken Hope Riley, Lauren Phillips, “ I’m, LISTo, CNN’s Ashley R, Williams, Rebekah Riess, Priscilla Alvarez, Isabel Rosales, Jaide Timm, Garcia, Jamiel Lynch Organizations: CNN, Augusta University, University of Georgia, Republican, UGA, UGA Police, Investigators, GOP, Riley’s Alpha Chi Omega, Police, ” Police, Customs, Georgia Gov, Sheriff’s, Governors, Republican Texas Gov, Democratic, Biden, Pew Research, ICE, New York City, NYPD, US, Office, Middle, Middle District of Georgia, Augusta University College of Nursing, UAC, Facebook, of Nursing, Hispanic Student Association Locations: Venezuelan, Mexico, Middle District
CNN —The suspect in the killing of an Augusta University College of Nursing student on the University of Georgia campus in Athens did not attend school at the campus and did not know the victim, authorities said Friday. The Athens-Clarke County Coroner identified the 22-year-old nursing student on Friday morning. All classes on the University of Georgia’s Athens campus were canceled Friday and will resume Monday, the school said. I will miss and love you forever Laken.”Before her enrollment at Augusta University, Riley was a student at the University of Georgia until 2023, UGA spokesperson Cole Sosebee said. Riley’s body was discovered mere hours after the death of a University of Georgia student the previous night.
Persons: Laken Hope Riley, , Jeff Clark, Jose Antonio Ibarra, Ibarra, Riley, Clark, ” Clark, haven’t, Greg Trevor, Riley “, , Joshua L, Jones, , ” Riley, Lauren Phillips, “ I’m, Cole Sosebee Organizations: CNN, Augusta University College of Nursing, University of Georgia, Augusta University, ” University of Georgia Police, Campus, University of Georgia’s, ” Police, Police, UGA, College of Nursing, University of, University of Augusta College of Nursing, of Nursing, University, Georgia Locations: Athens, Clark, Clarke, , University of Georgia’s Athens
Riley was an Augusta University College of Nursing student at its campus in Athens, which is also home to the University of Georgia. She was a junior on the dean’s list, Augusta University said. “The victim was an undergraduate student at the University of Georgia until the spring of 2023, and then she became a nursing student at the Augusta University nursing program in Athens,” UGA spokesperson Cole Sosebee said. Obtained by CNNAll classes on the University of Georgia’s Athens campus are canceled Friday and will resume Monday, the school said. Augusta University has canceled Friday classes at the College of Nursing campus in Athens, which is about 2.5 miles from the University of Georgia’s intramural fields.
Persons: Hope Riley, , Greg Trevor, Riley, Sonny Wilson, Jeffrey L, Clark, Cole Sosebee, Laken Hope Riley, Augusta University’s, Brooks A, Keel, Joshua L, Jones Organizations: CNN — University of Georgia Police, UGA, Augusta University College of Nursing, University of Georgia, Augusta University, CNN, University of Georgia Police, Police, ” UGA, University of Georgia’s, College of Nursing, University of, ” Augusta University, UGA Police Department, USA, Brumby Hall Locations: Athens, Clarke, , University of Georgia’s Athens, Clarke County
A United flight from San Francisco to Boston was diverted to Denver due to a damaged wing. AdvertisementA United Airlines flight departing from San Francisco and bound for Boston was diverted to Denver after passengers spotted that parts of the plane's wing were chipped, Boston's WHDH 7News first reported on Tuesday. Clarke's video shows a plane wing with a dark blue tip descending onto a runway. In November, a United flight bound for Vancouver was diverted to San Francisco after a passenger made a bomb threat on board. And in July, a United flight diverted to Chicago after a business-class passenger was upset that his choice meal was unavailable.
Persons: , WHDH 7News, Kevin Clarke, Clarke Organizations: Passengers, Service, United Airlines, WHDH, Associated Press, AP, Federal Aviation Administration, FAA Locations: San Francisco, Boston, Denver, Maine, Vancouver, Chicago
"Feud" season two shows a softer side to Truman Capote through an unconventional relationship. In reality, however, Capote and O'Shea — whom Capote remodeled into Katy Harrington — began their relationship under slightly different circumstances. AdvertisementTruman Capote treated Katy Harrington as his adoptive daughter and protégéKate Harrington and Truman Capote in 1977. AdvertisementKate Harrington talking to Gloria Swanson at a Studio 54 party in 1978, while Truman Capote rests in between them. After Capote's death, Harrington named her daughter after the authorFollowing Capote's death in 1984, Harrington moved away from modeling and established herself as a stylist and producer.
Persons: Truman, Capote, Kate Harrington, , Ryan Murphy's, Truman Capote, Tom Hollander, Kerry O'Shea, Ella Beatty, John O'Shea, Russell Tovey, Kerry, what's, O'Shea, O'Shea —, Katy Harrington —, Harrington, Katy Harrington, protégé Kate Harrington, Ron Galella, Harrington's, Capote —, Wilhelmina Cooper's, Kate, Gerald Clarke, Richard Avedon, Gloria Swanson, Ryan O'Neal, Oscar, Tatum O'Neal, Ryan, Diana Vreeland, John McTiernan, Daniel Boczarski Organizations: Service, The Telegraph, New, UN, New York Magazine, Vogue Locations: Manhattan, New York, New, Toronto, Sheridan , Wyoming, Santa Fe , New Mexico
BOSTON (AP) — Brandt Clarke scored on a breakaway with 27 seconds left in overtime for his first career goal and the Los Angeles Kings rallied to beat the slumping Boston Bruins 5-4 on Saturday. Photos You Should See View All 33 ImagesJames van Riemsdyk scored twice and added an assist for the Bruins, and Ullmark finished with 30 saves. Van Riemsdyk scored first-period goals on rebounds and Richard scored 13:04 in the second to put Boston up 3-1. Van Riemsdyk had an assist for his third point of the game. It was the second two-goal game for van Riemsdyk since he signed with the Bruins as a free agent last summer.
Persons: — Brandt Clarke, Clarke, David Pastrnak, Linus Ullmark, David Rittich, Anze Kopitar, Matt Roy, Vladislav Gavrikov, Alex Laferriere, Jim Hiller, Angeles, Todd McLellan, Pierre, Luc Dubois, James van Riemsdyk, Ullmark, Trent Frederic, Anthony Richard, Pastrnak, Van Riemsdyk, Richard, Gavrikov, Kevin Shattenkirk, Frederic swooped, Rittich, Morgan Geekie, van Riemsdyk, Andreas Englund, Trevor Lewis, Jake DeBrusk, Mikey Anderson, ___ Organizations: BOSTON, Los Angeles Kings, Boston Bruins, Boston, Kings, NHL, Bruins, Harvard, Nashville, Pittsburgh, Dallas Stars Locations: Boston
Jack Harlow, Mac Ayres, Palaye Royale, and Disclosure are among the artists leaning into blockchain. To make blockchain more accessible to and approachable for artists and fans, Mith and Medallion have adopted a hybrid model, blending elements of Web2 and Web3 . “So with Medallion, artists have a space for their fans to gather. The choice of blockchain tech, its alignment with specific requirements, and the overall impact on user experience are crucial aspects. Mith's and Medallion's success lies in using blockchain tech that’s seamless and engaging for the end user.
Persons: Jack Harlow, Mac Ayres, Palaye, , ” Jack Harlow, , Kamira Roberson, , Roberson, Web3, Web2, Taylor Swift’s, Mith, Halle Berry, Emilia Clarke, Harlow, Michelle Sanchez, Sydney Jackson, ” Sanchez, Joe Pitts, ” Pitts, ” Joe Pitts, Jason Cevera, Galantis, Pitts, Emerson Barrett, we’ve, ” Barrett, blockchain, Sanchez Organizations: Service, Twitter, Las Vegas ., Garden, Artists, Jack Harlow Foundation, , blockchain, Royal Council, Locations: Harlow, Las Vegas, Lexington , Kentucky, Louisville, Kentucky, Palaye Royale,
AdvertisementBoth Icelandic and foreign-born women told BI that though they largely feel safe in Iceland, it's no feminist paradise. "That was like a wake up call for many women," Thorgerdur J. Einarsdóttir, professor of gender studies at the University of Iceland, told BI. Some groups of women are more vulnerable to violence and low wages, including foreign-born women, women with disabilities, and trans women, the interviewees said. Older generations fight so younger ones can flourishBut despite these concerns, the women BI spoke to said that they largely felt safe living in Iceland. Women BI spoke to largely said they felt optimistic about the changes that future generations would bring.
Persons: , Arni Torfason, Saadia Zahidi, Valenttina Griffin, Grace Dean, Adolphsdóttir, Einarsdóttir, Vigdís Finnbogadóttir, Sigurðardóttir, Iceland's, Halldor Kolbeins, Sonja Ýr Þorbergsdóttir, Þorbergsdóttir, Inclusivity, Alice Olivia Clarke, Mads Claus Rasmussen, Ritzau Scanpix, they'd, Steinars, she'd, she's, Ása Steinars, Alondra Silva Muñoz, Griffin, Silva Muñoz, Sigrún, Rósa, that's, Shruthi Basappa, I've, it's, Jewells Chambers, Silva Muñoz –, millennials –, Organizations: Service, Viking Women, Stockings, Women's Rights, Nordic, Red Stockings, United Nations, Farmers ' Union, University of Iceland, Getty, Iceland, UN, Statistics, Sweden –, Icelandic Teachers ' Union, SEI Locations: Iceland, Reykjavik, Icelandic, Denmark, AFP, Canada, Norway, Sweden, Statistics Iceland, Colombia, Lithuania, Spain, Poland, India, Chile, WomenTechIceland, it's, Brooklyn, New York City, Thorhildur
MADISON, Wis. (AP) — Multimillionaire Republican businessman Eric Hovde is planning to launch a bid for U.S. Senate against Democratic incumbent Sen. Tammy Baldwin next week. Hovde campaign spokesperson Ben Voelkel said Thursday that Hovde, 59, will get into the race next week after months of preparation. Hovde previously ran for Senate in 2012, describing himself then as a free-market conservative, losing in the Republican primary to former Gov. Photos You Should See View All 22 ImagesIn that race, Hovde ran as a supporter of overturning the Affordable Care Act, the national health care law signed by former President Barack Obama. Baldwin has already said she plans to highlight abortion rights in this year's Senate race.
Persons: , Eric Hovde, Sen, Tammy Baldwin, Ben Voelkel, Reelecting Baldwin, Hovde, Tommy Thompson, Thompson, Baldwin, Barack Obama, Roe, Wade, Tony Evers ’, Andrew Mamo, , ” Mamo, Scott Mayer, Milwaukee County Sheriff David Clarke, Tom Tiffany, Mike Gallagher Organizations: U.S, Senate, Democratic, National Republican Senatorial Committee, Republican, Gov, Supreme, Democratic Gov, Sunwest Bank, Washington , D.C, Milwaukee County Sheriff, Reps Locations: MADISON, Wis, Hovde, Laguna Beach , California, Madison, Washington ,, California, Orange, Wisconsin, Franklin, Milwaukee County, Milwaukee
The case heads to court separately from another federal lawsuit filed in October by LGBTQ+ and civil rights advocates over the aggravated prostitution law. The Republican-carried legislation would only remove the requirement that those convicted of aggravated prostitution must register as a violent sex offender. Court documents in the other federal lawsuit say that more than 80 people are registered for aggravated prostitution in Tennessee. Because she had to register as a sex offender, the woman has experienced periods of homelessness while struggling to find safe housing compliant with sex-registry requirements. Tennessee law also bars her from changing her legal name to match her gender identity, the lawsuit states.
Persons: , Kristen Clarke, general's Organizations: U.S . Justice, Justice Department, Republican, Justice Department’s Civil Rights, for Disease Control, The Justice Department Locations: Tenn, Tennessee, United States, Illinois, New Jersey, Virginia, Shelby County, Memphis
Apple designer Bart Andre, who came up with former design chief Jony Ive, is retiring. The design team is crucial to Apple's high-profile launches, including its latest Vision Pro. Andre was one of the last remaining members of Ive’s former team, Bloomberg reported. AdvertisementIve’s departure in 2019 precipitated an exodus, Bloomberg reported, with many of the iPhone company's designers subsequently joining his design firm venture LoveFrom. AdvertisementApple's design team under Ive numbered roughly two dozen staffers, Bloomberg reported, obsessively crafting products like the AirPods and Apple Watch for years before they hit shelves.
Persons: Bart Andre, Jony, There's, , Andre, Evans Hankey, Colin Burns, Shota Aoyagi, Peter Russell, Clarke, Richard Howarth, Molly Anderson, Duncan Kerr, Jeff Williams, Tim Cook, Steve Jobs Organizations: Apple, Bloomberg, Service, Apple Vision, Journal, Apple Watch
That goes for MBAs as much as MFAs, and it’s a lesson Lyft executives learned the hard way on Tuesday, when an errant zero sent its stock (briefly) to the stratosphere. The Lyft typo came in an earnings report that stated, incorrectly, that the company’s estimated gross margin would expand by 500 basis points, which would amount to a stunning five-percentage-point bump. The stock shot up more than 60% before Lyft’s CFO corrected the error on a call with analysts, bringing the stock back to Earth. With the error in the rear view, Lyft shares were up up 30% Wednesday, bolstered by stronger-than-expected earnings and a rosy outlook for future cash flows. “Look, it was a bad error, and that’s on me,” Lyft CEO David Risher told CNBC on Wednesday.
Persons: CNN Business ’, History’s, , Arthur C, Clarke, Galena Biopharma, King Charles I, , David Risher Organizations: CNN Business, New York CNN, MBAs, Citibank, Citi, Mizuho Securities, NASA, New York Times, Bangladesh Bank, Reuters, Maine, SEC, CNBC Locations: New York, Mizuho, Galena
UBS hiked its price target on Nvidia , citing an attractive valuation and strong demand for its chips. The firm upgraded shares to overweight from neutral and upped its target price by $17 to $68, which implies 24.3% potential upside. He upgraded shares to buy from neutral and increased his price target from £17 to £21. — Pia Singh 5:47 a.m.: UBS hikes Nvidia price target UBS is getting even more bullish on Nvidia ahead of the chipmaker's fiscal fourth-quarter earnings report. Despite the price target increase, Nvidia shares were down 1% in the premarket.
Persons: Riley Securities downgrades, Jeff Lick, Children's, Lick, — Pia Singh, Piper Sandler, Trimble, Clarke Jeffries, Mark Palmer, Palmer, Andrew Baum, Baum, GSK's, Timothy Arcuri, Arcuri, NVDA, Fred Imbert Organizations: CNBC, UBS, Nvidia, Citi, GSK, Riley Securities, Children's, Investment, Block Locations: Lick, Monday's, C2H
Following on from "House of the Dragon," there are lots more "Game of Thrones" spinoffs in the works. So here's everything we know about all the "Game of Thrones"-related projects that are in development, are rumored to be in development, or returning. "A Knight of the Seven Kingdoms: The Hedge Knight""A Knight of the Seven Kingdoms: The Hedge Knight" is in development. I don't want to repeat what happened with GAME OF THRONES itself, where the show gets ahead of the books," he continued. "House of the Dragon" season twoEmma D’Arcy as Rhaenyra Targaryen in "House of the Dragon."
Persons: George R.R, , Martin, Kim Renfro, Ser Duncan, King, Laverne, Shirley, Abbott, Costello, Beavis, Butthead, I've, Martin's, Ira Parker, Ryan Condal, Vince Gerardis, Jon Snow, Kit Harington, Martin . Per, Harington, Jon, Eddard, Ned, Stark, Sean Bean, Lyanna Stark, Rhaegar, Targaryen, Emilia Clarke, Dany, Ygritte, Olly, Steve Toussaint, Corlys, Corlys Velaryon, Bruno Heller, it's, Toussaint, Princess Nymeria, Arya Stark's direwolf, Valyrian, Mattson Tomlin, Tomlin, HoD, Emma D’Arcy, Naomi Watts, Jane Goldman, S.J, Clarkson Organizations: HBO, Service, HBO HBO, Entertainment, King Aegon, Hollywood, Free Folk, The New York Times, New York Times, Variety, Aegon Targaryen, Aegon Locations: Westeros, Pentos, Driftmark, Lys, Volantis, Qarth, King's, Essos, Dorne, Imperial China
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