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Search resuls for: "James Lee"


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Since the turn of the year, more and more Wall Street banks have turned bullish on the Chinese tech sector, with Alibaba emerging as a favorite stock. The Chinese tech giant, which spans e-commerce, technology and internet segments, is due to report its earnings for the December quarter on Thursday. The bank has named Alibaba its "top pick" in the Chinese tech sector for the first time in three years. Morgan Stanley has a base-case price target of $150 on Alibaba, and a bull-case price target of $200. "We believe the 2-year long earnings downward revision cycle has likely bottomed," Goldman said, giving Alibaba a price target of $138.
Improving Reels engagement is boosting analysts' confidence in the short-form video platform's ability to compete with TikTok. META 1D mountain Meta Platforms shares surged more than 28% Thursday, on pace for their best day since 2013. Looking ahead, some analysts believe that Reels plays a dominant role in improving Facebook's efficiency. Easing TikTok tensions As for TikTok, some analysts say Reels is in position to overtake the short-form video leader that finds itself under increasing pressure as calls for a nationwide bans grow. JPMorgan analyst Doug Anmuth views improving Reels engagement trends and artificial intelligence investments as a way to temper threats from TikTok.
Watch CNBC's full interview with James Lee
  + stars: | 2023-01-09 | 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 EmailWatch CNBC's full interview with James LeeJames Lee of Mizuho Securities joins 'Squawk on the Street' to discuss his thoughts on Alibaba and other Chinese tech stocks.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestor sentiment on Meta will probably be better in 2023, analyst saysJames Lee of Mizuho Securities says Washington is likely to tighten scrutiny on TikTok, which would be positive for Meta.
WASHINGTON, Nov 30 (Reuters) - Prosecutors secured a victory when two key figures in last year's U.S. Capitol attack were convicted of seditious conspiracy. It marked the first time in nearly three decades that federal prosecutors won a conviction for seditious conspiracy. At the same time, co-defendants Jessica Watkins, Kenneth Harrelson and Thomas Caldwell were acquitted of seditious conspiracy, and the verdict was mixed on two other conspiracy charges. The obstruction and the seditious conspiracy charges each carry potential 20-year prison sentences. For example, the four defendants in the next Oath Keepers trial played secondary roles similar to the defendants acquitted of seditious conspiracy in the Rhodes trial.
James Lee on Baidu's chip resiliency
  + stars: | 2022-11-23 | 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 EmailJames Lee on Baidu's chip resiliencyJames Lee, analyst at Mizuho Securities, says that Baidu is not reliant on highly advanced semiconductor chips and manufactures its own AI chip for its cloud computing and robotaxi businesses.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBaidu's recovery is likely to be delayed this quarter, Mizuho Securities saysJames Lee of Mizuho Securities cites Covid restrictions and the "macro environment" as factors contributing to the delay.
“For these defendants, the attack on the Capitol was a means to an end,” Assistant U.S. Attorney Kathryn Rakoczy told jurors. Manuel Balce Ceneta / AP fileBright told jurors there was not evidence of a "meeting of the minds" on seditious conspiracy. “We’ve had 50 witnesses in this case, not one person has testified to you there was a plan,” Bright said. Oath Keepers were upset about the results of the 2020 election, but them venting their frustrations to each other doesn’t constitute a conspiracy, Bright argued. Rhodes told you in his own words he was prepared to start a rebellion the day that president Biden took office,” Rakoczy said, referring back to Rhodes’ testimony in his own defense.
On Jan. 6, 2021, Young said he entered the U.S. Capitol with a group of fellow Oath Keepers with the aim of trying to disrupt proceedings to certify Biden's win. Young's testimony was the latest evidence presented by federal prosecutors in the criminal trial against Oath Keepers founder Stewart Rhodes and his four co-defendants - Jessica Watkins, Thomas Caldwell, Kenneth Harrelson and Kelly Meggs. Young is the second Oath Keeper member so far to testify for the government after pleading guilty, in the hopes of winning a reduced prison sentence. I haven’t heard you articulate an actual agreement with anybody to commit a crime,” Rhodes' attorney, James Lee Bright, said. Reporting by Sarah N. Lynch; Editing by Ross Colvin and Howard GollerOur Standards: The Thomson Reuters Trust Principles.
"China, in particular, is an attractive market [when stocks are] under 10 times earnings," Arcese said when speaking to CNBC "Pro Talks." The average price target of 291 Hong Kong dollars ($37.1) means analysts expect the stock to rise by 105% over the next 12 months. Alibaba, JD's competitor and one of the largest companies in China, is buy-rated by 45 out of 47 analysts surveyed by FactSet. The median price target at 135 HKD signifies a 119% upside potential. On average, analysts have a 397 HKD price target on the stock equating to a 92% upside.
The Black Death which ravaged Europe 670 years ago may still be harming humans today a study found. A scientist holds up a tooth from human remains buried in the 1300s. The Black Death, one of the greater killers in human history, was the perfect model to look at, Lee said. In just five years between 1346 and 1350, the Black Death, a pandemic caused by the bacteria Yersinia Pestis, killed tens to hundreds of millions of people, many before they were old enough to have children. Human remains being excavated from the plague pit in East Smithfield.
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