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☆ Here are Tuesday's biggest analyst calls: Nvidia, Apple, Tesla, JetBlue, Disney, Caterpillar, Super Micro and more
▼ + stars: | 2024-02-20 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Here are Tuesday's biggest calls on Wall Street: Morgan Stanley downgrades Oatly to equal weight from overweight Morgan Stanley resumed coverage of the oats company and said it sees too many negative catalysts. " Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's sticking with Tesla despite a slew of negative data points in a recent investor survey. Morgan Stanley reiterates Nvidia as overweight Morgan Stanley said it's standing by Nvidia heading into earnings later this week. Morgan Stanley initiates CG Oncology as buy Morgan Stanley said shares of the bladder cancer company are "compelling." "We initiate coverage on Morgan Stanley Direct Lending with a Buy rating and $23.50 PT.

Persons: Morgan Stanley downgrades Oatly, Morgan Stanley, Tesla, Bernstein, Siri, it's, Disney, Ingersoll Rand, Rosenblatt, MSCI's, Goldman Sachs, Wolfe, Piper Sandler, Riley, Grainger, Northcoast, JPMorgan downgrades Holley Organizations: Apple, Nvidia, Disney, RBC, Aerospace, BAE Systems, Caterpillar, SMCI, Deutsche Bank, JetBlue, Alaska Air, ASM, Health, BrightSpring Health, Brunswick Corporation, Barclays, JPMorgan, Mizuho, Oncology, UBS, Morgan, Fund, Seaport, Booking Holdings, " Bank of America, AIG, Bank of America, General Insurance Locations: Silicon Valley, Alaska, Brunswick, MIBS, Texas, Europe, Asia

Biden is making his pitch in a critical swing state that's part of the “blue wall” trio of states — Wisconsin, Michigan and Pennsylvania — where he defeated Republican President Donald Trump in 2020. More than 33,000 vehicles travel on the Blatnik Bridge every day, but heavy trucks are barred from it because of its decaying condition. The money comes from a $1.2 trillion infrastructure package that Biden signed into law more than two years ago. The Democratic moves have been able to help offset Republican gains made in rural areas during the Trump era. ... Biden can come to Wisconsin a thousand times, and I don’t think it’s going to change his position.”___Bauer reported from Madison, Wis.

Persons: Joe Biden, John, Biden, Donald Trump, Natalie Quillian, Democrat Hillary Clinton, “, Tony Evers, Mark Pocan, ” Pocan, ” It's, Kamala Harris, Janet Yellen, He's, Evers, Janet Protasiewicz, Sen, Ron Johnson, governor's, Trump, Brandon Scholz, Scholz, ” ___ Bauer Organizations: WASHINGTON, Democratic, Republican, House, Trump, Democrat, Biden, Marquette Law School, ” Democratic Gov, Associated Press, Democratic U.S . Rep, Wisconsin Supreme, Republicans, reelecting U.S, GOP, University of Wisconsin, Milwaukee, Longtime, Longtime Wisconsin Republican, New, “ Republicans Locations: Superior , Wisconsin, Wisconsin, Minnesota, Lake Superior, — Wisconsin, Michigan, Pennsylvania, Duluth , Minnesota, Superior, Duluth, Milwaukee, Dane County, Madison, Chicago, Longtime Wisconsin, Iowa, New Hampshire, Wis

LAS VEGAS (AP) — A proposed high-speed passenger train between Las Vegas and Southern California got another boost on Tuesday with Biden administration approval to issue $2.5 billion in tax-exempt bonds for the $12 billion project. The announcement benefiting the Brightline West project followed a $3 billion U.S. Department of Transportation grant in December and government authorization in 2020 for the company to sell $1 billion in similar bonds. "We appreciate the confidence placed in us by DOT and are ready to get to work,” Brightline founder and Chairman Wes Edens said in a statement. The 218-mile (351-kilometer) Brightline West project aims to whisk passengers at 186 mph (300 kph) or more in electric trains on new tracks along the Interstate 15 corridor — cutting in half a four-hour freeway trip between Las Vegas and suburban San Bernardino County near Los Angeles. No date has been announced for work to start, but officials have said it might be operational by the Summer Olympics in Los Angeles in 2028.

Persons: Biden, ”, Wes Edens, Sen, Jacky Rosen Organizations: LAS VEGAS, . Department of Transportation, Brightline Holdings, Los Angeles . Planners, Nevada -, Nevada U.S, Democrat, Summer Locations: Las Vegas, Southern California, Florida, U.S, Miami, Orlando, San Bernardino County, Los Angeles, Nevada, Nevada - California, Congress

☆ Good news, bad news. Record dividends paid to investors in 2023, but buybacks plunged
▼ + stars: | 2024-01-04 | by ( Bob Pisani | ) www.cnbc.com time to read: +7 min

Good news for long-term investors: corporate America paid a record amount in dividends last year, even as the S & P 500 approached a near-record high. A record year for dividends In 2023, companies in the S & P 500 paid out $588 billion in dividends, a new record. S & P 500 dividend yield history (average yield) Since 1936: 3.49% Last 10 years: 1.83% Last 5 years: 1.67% 2023: 1.5% Source: S & P Global Why has the dividend yield been going down? Second, with the exception of 2022, stock prices and particularly the S & P 500 have been on a tear. (% of index members who pay a dividend) S & P 500: 80.1% S & P MidCap: 65.8% S & P SmallCap: 57.8% Source: S & P Global In the S & P 500, 328 companies (65%) increased their dividends (dollar payout) last year.

Persons: Howard Silverblatt, buybacks, Silverblatt, Johnson Organizations: America, P, Global, Coterra Energy, Natural Resources, Diamondback Energy, Companies, Microsoft, ExxonMobil, JPMorgan, Verizon, Johnson, Apple, Federal, & $ Locations: buybacks, Devon, America

☆ Hundreds of images of child sexual abuse material were found in a massive dataset used to train AI image-generating tools
▼ + stars: | 2023-12-21 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +4 min

New York CNN —More than a thousand images of child sexual abuse material were found in a massive public dataset used to train popular AI image-generating models, Stanford Internet Observatory researchers said in a study published earlier this week. The presence of these images in the training data may make it easier for AI models to create new and realistic AI-generated images of child abuse content, or “deepfake” images of children being exploited. The massive dataset that the Stanford researchers examined, known as LAION 5B, contains billions of images that have been scraped from the internet, including from social media and adult entertainment websites. Of the more than five billion images in the dataset, the Stanford researchers said they identified at least 1,008 instances of child sexual abuse material. “Stability AI models were trained on a filtered subset of that dataset.

Persons: ” LAION Organizations: New, New York CNN, Stanford Internet, Stanford, Internet Watch, National Center for, Canadian Centre for Child, CNN, Stability Locations: New York, London

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Amazon, GM, Uber, Carvana, Nike, Palo Alto & more
▼ + stars: | 2023-12-04 | by ( Michael Bloom | ) www.cnbc.com time to read: +10 min

Wells Fargo downgrades Lululemon to equal weight from overweight Wells said in its downgrade of the stock that it sees less balanced risk/reward. Morgan Stanley downgrades Sea Limited to equal weight from overweight Morgan Stanley downgraded the Singapore-based tech conglomerate until its business outlook is clearer. Morgan Stanley upgrades Insulet to overweight from equal weight Morgan Stanley initiated the insulin pump therapy company and said it sees room for further gains. Wells Fargo reiterates Nike as overweight Wells says Nike is a top defensive pick for 2024. Morgan Stanley reiterates Palo Alto as overweight Morgan Stanley said Palo Alto shares have the poten tial to rise further.

Persons: Morgan Stanley, Mizuho, Wells, LULU, Roth, Evercore, Piper Sandler, Piper, NVDA, Goldman Sachs, Goldman, it's bullish, KeyBanc, Worthington Enterprises –, TD Cowen, Coinbase, underperform TD Cowen, Oppenheimer, Uber, Truist, Herc, Palo Organizations: West Bancorp, Bank of America, Union Pacific, US Bancorp, Motors, Mizuho, GM, UAW, UBS, Apple, Deutsche Bank downgrades Anheuser Busch InBev, Deutsche, Deutsche Bank, Airlines, Alaska, " Bank of America, Google, Walmart, Nvidia, AMD, European Partners, Coke, JPMorgan, of America, Magellan, MMP, Arrowhead Pharmaceuticals, Arrowhead Pharma, Worthington Steel, Worthington Industries, Worthington Enterprises, Barclays, Resources, Herc Holdings, United Rentals, Nike, Palo Alto, Palo Locations: China, Singapore, Indonesia

Dallas Mavericks owner Mark Cuban is working on a deal to sell a majority stake in the NBA franchise to the family that runs the Las Vegas Sands casino company, a person with knowledge of the talks said Tuesday night. Miriam Adelson is the controlling shareholder of Las Vegas Sands Corp., a publicly traded Las Vegas company that built the Venetian and Palazzo resorts but now only has casino operations in Macau and Singapore. Sheldon Adelson, the billionaire founder and owner of Las Vegas Sands, died in 2021 at 87. The family also owns Nevada’s largest newspaper, the Las Vegas Review-Journal. ___Associated Press writer Ken Ritter in Las Vegas contributed to this report.

Persons: Mark Cuban, Marc Stein, Miriam Adelson, Sheldon Adelson, Cuban, Dallas, Dirk Nowitzki, Adelson, Ken Ritter, ___ Organizations: Dallas Mavericks, NBA, Vegas Sands, Associated Press, Cuban, Sands, Mavericks, Las Vegas Sands Corp, Las Vegas, Securities and Exchange Commission, Miriam Adelson Trust, SEC, league’s, Governors, Republican, doesn't, Indiana University Locations: Texas, Las, Macau, Singapore, Las Vegas Sands, Cuban, Dallas, Las Vegas

DETROIT (AP) — Ford Motor Co. is resuming construction on a Michigan electric vehicle battery plant that the company postponed two months ago during a strike by the United Auto Workers union. But the automaker says that due to slowing electric vehicle sales growth, it will scale back the factory size, cutting the number of planned jobs by about one third from 2,500 to 1,700. Ford put the plant, originally to cost $3.5b, on hold in late September as the union went on strike at targeted assembly plants run by Ford, General Motors and Jeep maker Stellantis. Unlike the company's other battery plants that are joint ventures, the Marshall factory will be a fully owned Ford subsidiary staffed by Ford workers. But China’s Contemporary Amperex Technology Co. Ltd., or CATL, which is known for its lithium-iron-phosphate expertise, would supply technology, some equipment and workers.

Persons: —, Ford, Mark Truby, ”, Marshall Organizations: DETROIT, — Ford Motor Co, United Auto Workers, Ford, General Motors, EV, Amperex Technology, . Ltd Locations: Michigan, Marshall, Detroit

☆ The USDA's new plant zone map could change how you garden, including when and what you grow
▼ + stars: | 2023-11-21 | by ( Grace Eliza Goodwin | Jenny Mcgrath | ) www.businessinsider.com time to read: +7 min

According to the new map, central Arkansas shifted half a zone up from zone 7b to zone 8a since the USDA last updated its map in 2012. The 2023 USDA map shows warmer zones in central Michigan, as well as shifts in some Northeastern states. AdvertisementLimitations of the USDA's new plant zone map"The map is a guideline, not a guarantee," Foster wrote, and plants can thrive in several zones. AdvertisementIn the Northwestern US, the 2023 USDA map (left) shows some regions of Montana in new, warmer zones. Sections of the South Central US, including Houston, Texas, and New Orleans, Louisiana, have changed to new zones in the 2023 USDA map (left).

Persons: Megan London, NPR she's, Chris Daly, Daly, Jonathan Foster, The University of Maine's Maine, Foster, you'll, US Department of Agriculture Foster, US Department of Agriculture Daly, " Daly Organizations: USDA, Service, NPR, Better Homes, Gardens, Oregon State University, US Department of Agriculture, North Central, The University of Maine's, The University of Maine's Maine Gardner, Southwestern, Northwestern, South Central Locations: Arkansas, Florida, Montana, Central, Michigan, Northeastern, Omaha , Nebraska, Minnesota, Southwestern US, Maine, Houston , Texas, New Orleans , Louisiana

☆ Goldman calls this options trading strategy 'systematically profitable'
▼ + stars: | 2023-11-10 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

There are several opportunities over the next month for investors to cash in on a long-standing trend by buying options, according to Goldman Sachs. "We find that call buying around analyst days has been a systematically profitable option buying strategy. The reason the strategy works is that there appears to be an upward bias to share price movement after analyst days that is not priced in to the options market, Goldman said. "Company managements take the opportunity of analyst days to review recent performance, layout strategic priorities, provide/update forward guidance, reveal long-term targets etc. Despite the significance of analyst days, we also observe that the options market tends to underprice volatility around analyst days," the note said.

Persons: Goldman Sachs, Sesha Phani, Goldman, Ingersoll Rand, — CNBC's Michael Bloom Organizations: Defense, L3Harris Technologies Locations: Roblox

☆ Jefferies upgrades this little-known biotech stock with more than 100% upside
▼ + stars: | 2023-11-10 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

The firm upgraded shares of the late-stage biotech to buy from hold, lifting its price target to $26 from $18. Shares of Vera Therapeutics have fallen 37.8% this year, but analyst Farzin Haque believes the stock's recent pullback now means an attractive entry point for investors. VERA YTD mountain VERA YTD chart "W/ shares down –30% (vs XBI –13%) since Sept 21 TVTX data release, we have become more optimistic about atacicept (dual BAFF/APRIL) clin profile," Haque wrote. Atacicept, which Vera took over from Merck, is a drug that treats certain autoimmune diseases. "W/ recent increasing focus on eGFR, VERA's OLE data from ph.II for longer-term eGFR data (expected 1Q24) has now become an important catalyst for the stock," Haque said.

Persons: Vera, Jefferies, Vera Therapeutics, Farzin Haque, VERA YTD, VERA, Haque, Lupus nephritis, — CNBC's Michael Bloom Organizations: Vera, Merck Locations: ph.II

☆ Magic Johnson is now a billionaire, decades after turning down a Nike deal that could have netted him $5B
▼ + stars: | 2023-10-30 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Basketball icon Magic Johnson has been declared a billionaire by Forbes. Johnson recently revealed he passed on an early chance to buy Nike shares that could've netted him billions. AdvertisementAdvertisementForbes magazine has declared basketball star Magic Johnson a billionaire, decades after he lost out on a Nike deal that could have netted him $5 billion. The Nike deal would've seen Johnson paid $1 for every pair of trainers sold and 100,000 shares in company stock. Back then, Nike shares were worth around 18 cents each, while today they are valued at around $100, so a shares deal would've been hugely more profitable long term.

Persons: Magic Johnson, He's, Johnson, could've, —, Earvin Johnson, would've, Forbes, Johson, MLB's, Michael Jordan, LeBron James, Tiger Woods Organizations: Forbes, Nike, Service, LA Lakers, Converse, Sparks, MLB's Los Angeles Dodgers, MLS, PepsiCo, NBA Locations: Iowa

☆ The World Is Becoming More African
▼ + stars: | 2023-10-28 | by ( Declan Walsh | Hannah Reyes Morales | ) www.nytimes.com time to read: +37 min

Old World Young Africa As the world grays, Africa blooms with youth. The World Is Becoming More African Part one of a series on how the youth boom is changing the continent, and beyond. But while a handful of African countries are poised to ride the demographic wave, others risk being swamped by it. In the West, racists and right-wing nationalists stoke fears of African population growth to justify hatred, or even violence. The age gap between geriatric leaders and restless youth is “a major source of tension” in many African countries, said Simon Mulongo, a former African Union diplomat from Uganda.

Persons: Lauren Leatherby, ”, Jean, Patrick Niambé, Hilton, Edward Paice, “, Keziah Keya, Keya, Paul R, Ehrlich, stoke, Lauren Leatherby “, Carlos Lopes, Burna, Weeks, “ It’s, Laolu Senbanjo, Tems, Toulaye Sy, Pritzker, Abdulrazak Gurnah, “ Africa’s, ” Long, exotica, Mulendema, Hannah O’Leary, “ We’re, Sipho Dlamini, Dlamini, Moawad, Optimists, Mo Ibrahim, Aubrey Hruby, birthrates, India’s, China’s, Akinwumi Adesina, States —, William Ruto, Paul Biya of, Biya, Wole Soyinka, Paul Kagame of, Nourdine, Nigeriens, Awade, Ali Bongo Ondimba, Simon Mulongo, Nuha Abdelgadir, Abdelgadir, gesturing, “ We’ve, ” Weeks, Abdelgadir’s, Modu Ali, Young, Saidu, Habiba Mohammed, Ms, Ha, Joon Chang, Nobody, Chang, Ibrahim, Touré Organizations: Young, United Nations, Southern, Northern, Western Asia Northern, United, Ivory Coast, African Union, Group, European Union ., Suisse, Africa Research Institute, Nigeria Mozambique Kenya “, Russia Canada Germany United, Russia Canada Germany United States Japan China Iran Egypt India Mexico Nigeria Ethiopia Ethiopia Dem, Russia Germany, China Egypt India Nigeria D.R.C, Russia Canada Germany United States Japan China Iran Egypt India Mexico Nigeria Ethiopia Dem, Bank, Nations, International, Bryn Mawr College, Angola, Angola Ivory Coast, Angola Ivory Coast Cameroon Dem, Africa Middle Africa Southern, Economic Commission, New, Citi, Spotify, Cannes Film, Burkina Faso, UNESCO, Disney, Amazon Prime, Netflix, “, Apple, Cape Town, Microsoft, Google, Infrastructure, McKinsey & Company, Pew Research Center, African Development Bank, Greek Coast Guard, Saudi, Africa Climate, Young Voters, Freedom House, University of Denver, United Arab, Japan Cuba Vatican City, Netherlands South Korea Belgium U.A.E, Islamic, Global, Center for Girls Education, School of Oriental, Studies Locations: grays, Africa, India, China, United States, Southern Asia, Asia, America, Caribbean, Northern America, Western Asia, Western Asia Northern America, Europe, London, New York, West Africa, Ivory, Abidjan, Russia, Turkey, Gulf, Nairobi, Nigeria Mozambique Kenya, Italy, Japan, Russia Canada Germany United States Japan China Iran Egypt India Mexico Nigeria Ethiopia Ethiopia, Congo Indonesia Brazil Australia South Africa Argentina, Russia Germany U.S, China Egypt India Nigeria, Brazil South Africa Australia, Russia Canada Germany United States Japan China Iran Egypt India Mexico Nigeria, Nigeria, Africa’s, Young, South Africa, Somalia, Mozambique, Mali, Gabon, Niger, Mozambique Nigeria Kenya, Kenya, Pennsylvania, Angola Ivory, Angola Ivory Coast Cameroon, Congo Algeria Egypt, Ghana Kenya Madagascar Mozambique Niger Nigeria, Tanzania Uganda South Africa, Northern Africa Eastern Africa, Africa Middle Africa, Africa Middle Africa Southern Africa, Guinea, Bissau, African, Qatar, Nigerian, Brooklyn, Target, French, Senegalese, Paris, Milan, Venice, Burkina, Tanzania, Saharan Africa, Nigeria Kenya Senegal In Lagos, Dakar, Zambia, South Korea, Sotheby’s, Lagos, Zimbabwe, Watford, Cape, Mombasa, Zanzibar, Cairo, Morocco, East Africa, Nigeria Mozambique Morocco, Sudanese, North Africa, East Asia, Thailand, Rwanda, Ivory Coast, States, Namibia, Kenyan, Paul Biya of Cameroon, Paul Kagame of Rwanda, United Arab Emirates, United States France Turkey, Germany, Russia India, Brazil, Japan Cuba, Japan Cuba Vatican City Spain Italy Saudi Arabia Qatar, Netherlands South Korea Belgium, Iran Canada, Niger’s, Niamey, Senegal Kenya Kenya, X’s, Tunisia, Egypt, Libya, Senegal, Uganda, Khartoum, Sudan, Ethiopia, Al Qaeda, Islamic State, Chad, Burkina Faso, Nigeria Nigeria Morocco, hijabs, Zaria, American, Korea, South, England

☆ Read the transcript of text between FTX executives
▼ + stars: | 2023-10-19 | by ( ) www.nytimes.com time to read: +1 min

GOVERNMENT EXHIBIT SB CE SB CE SB CE SB 406 22 Cr. banks Caroline Ellison maybe 1b from crypto exchanges? lbkr 1.5 btc 0.3 exch 1 modulo 0.3 gbtc 0.3 hood? banks total 2:44 AM 1.5 0.3 1 0.3 0.3 0.3 0.2 Caroline Ellison seems ballpark reasonable 3:06 AM cust assets? difference Send a message 11/7/2022 3:04 AM 1.5 0.3 1 0.3 0.3 0.3 0.2 3.9 2:44 AM 12 8.1 2:34 AM 3:08 AM 2:47 AM Q 2:48 AM < +

Persons: Caroline Ellison, Sam Bankman, Joe Bankman, Ramnik Arora, Zach Dexter, Ryne Miller, Constance, Ryan Salame, Nishad Singh, Gary Wang Sam Bankman Organizations: BTC Locations: HOOD, treasuries

☆ 'They crushed it.' Analysts cheer Netflix's strong third-quarter earnings
▼ + stars: | 2023-10-19 | by ( Hakyung Kim | ) www.cnbc.com time to read: +5 min

Netflix 's better-than-expected quarterly earnings has analysts cheering the company's new subscriber growth initiatives, keeping them optimistic on the stock's growth potential. Yoon increased his price target to $390 from $375, implying 12.6% upside potential from Wednesday's close. Shares already rallied more than 13% Thursday during premarket trading, surpassing his price target. Anmuth raised his price target to $480 from $455, implying shares could jump 38.6% from Wednesday's close. UBS, Citi and Evercore all reiterated their price targets of $500 on shares, while Bank of America kept its $525 target price.

Persons: Bernstein, Laurent Yoon, Yoon, Goldman Sachs, Eric Sheridan, Doug Anmuth, Anmuth, Brian Kraft, Kraft, John Hodulik, Hodulik, Jessica Reif Ehrlich, Mark Mahaney, Mahaney, –, Michael Bloom Organizations: Netflix, ARM, JPMorgan, Deutsche, Bloomberg, UBS, Citi, Bank of America, of America, Global, Revenue Locations: U.S, Wednesday's

WASHINGTON (AP) — The Biden administration on Wednesday announced $3.5 billion for 58 projects across the country to strengthen electric grid resilience as extreme weather events such as the deadly Maui and California wildfires continue to strain the nation’s aging transmission systems. Energy Secretary Jennifer Granholm said it was the largest federal investment ever in grid infrastructure, supporting projects that will harden electric systems and improve energy reliability and affordability. The federal spending, combined with money promised by private partners, could result in up to $8 billion in investments nationally to upgrade the grid, Granholm said. Political Cartoons View All 1211 ImagesThe largest grant, $464 million, will go to improve five transmission projects across seven Midwestern states, from Iowa to North Dakota. In southeastern Pennsylvania, PECO Energy Co. will increase grid reliability and resilience through substation flood mitigation and replacing aging infrastructure.

Persons: —, Biden, Jennifer Granholm, Granholm, ″, Mitch Landrieu, Joe Biden, ” Landrieu, ”, Jonathan Foley, ” Foley, Isabella O'Malley Organizations: WASHINGTON, Wednesday, Energy, Biden, Resilience, White House, Entergy, CPS Energy, DTE Energy, PECO Energy, Portland General Electric, Associated Press Locations: Maui, California, Georgia, Louisiana, American, Oregon, Iowa, North Dakota, Hawaii, California , Oregon , Utah, San Francisco, Locust Grove , Georgia, Orleans, San Antonio, Minnesota, Texas , Colorado , New Mexico, Wisconsin, Texas, Michigan, Detroit, Pennsylvania, New York

☆ Here are Tuesday's biggest analyst calls: Apple, Tesla, Dollar Tree, Amazon, Alphabet, Toll Brothers and more
▼ + stars: | 2023-10-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Tuesday's biggest calls on Wall Street: Wells Fargo upgrades Air Products to overweight from equal weight Wells Fargo said it sees robust earnings growth. JPMorgan reiterates Alphabet as overweight JPMorgan said it's standing by its overweight rating heading into earnings next week. " JPMorgan upgrades Viasat to overweight from neutral JPMorgan said it sees an attractive entry point for the satellite company. " JPMorgan upgrades CyberArk to overweight from neutral JPMorgan said it sees "accelerating demand" for the cyber company. JPMorgan initiates Teck Resources as overweight JPMorgan said the metals and mining company is its preferred play. "

Persons: Wells Fargo, GOOGL, Wells, Horton, Stifel, Raymond James, Lam, Tesla, MBLY, Goldman Sachs, Bernstein, Morgan Stanley, Hannon, JPMorgan Organizations: Air Products, JPMorgan, Homebuilding, MAS, FERG, UW, Lam Research, Materials, Microsoft, Viasat, Citi, Exxon Mobil, Hannon Armstrong Sustainable Infrastructure Capital, Bank of America, Apple, of America, Pro, Teck Resources Locations: Wells, LEN, China, HASI

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Tesla, Netflix, Colgate, Pfizer, Disney and more
▼ + stars: | 2023-10-16 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

UBS upgrades UnitedHealth to buy from neutral UBS called the stock a "core holding." Jefferies upgrades Pfizer to buy from hold Jefferies said investors should buy the dip in shares of Pfizer. UBS initiates Evolent Health as buy UBS said it sees more upside for the health-care company. Morgan Stanley upgrades Varonis Systems to overweight from equal weight Morgan Stanley said the data security and analytics company has "underappreciated AI tailwinds." UBS upgrades Tal Education to buy from neutral UBS said a turnaround for the education tech company is underway.

Persons: Morgan Stanley, Apple, Jefferies, Goldman Sachs, Horton, Piper Sandler, Tesla, Truist, Stifel Organizations: Apple, JPMorgan, Nvidia, NVIDIA, UBS, UNH, Jefferies, Pfizer, Maplebear Inc, Disney, US Parks, Evolent Health, payors, Varonis, Nice Systems, NICE, Netflix, ISI, Tal Education, RBC, BMO, Energy, Colgate, Palmolive Locations: UNH, U.S

☆ Jefferies upgrades Eli Lilly as enthusiasm around weight-loss drugs grows following Wegovy study
▼ + stars: | 2023-08-09 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Jefferies is encouraged by recent results from a weight-loss drug study that could help lift Eli Lilly . Analyst Akash Tewari lauded the strong results from a recent trial study surrounding Novo Nordisk's weight loss drug Wegovy . Eli Lilly also raised its full-year guidance on Tuesday. Eli Lilly as added more than 42% upside from the start of the year. LLY YTD mountain Eli Lilly year to date — CNBC's Michael Bloom contributed to this report.

Persons: Jefferies, Eli Lilly, Akash Tewari, Wegovy, Tewari, Eli Lilly's, NVO, Michael Bloom

☆ Xi appoints new chief of China's nuclear arsenal
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +1 min

Until his move to the PLA Rocket Force, Wang had been deputy commander of the navy since 2020. State media did not say where the PLA Rocket Force's previous chief, Li Yuchao, was reassigned or state his whereabouts. Xi has repeatedly urged the military to deepen war and combat planning to increase the chances of victory in actual combat to safeguard China's sovereignty and territory. China says it is committed to a defensive nuclear strategy, and pledges to no first use of nuclear weapons. It says it will also not use or threaten to use nuclear weapons against non-nuclear weapon states or nuclear weapon free zones.

Persons: Jason Lee, Xi Jinping, Wang Houbin, Xu Xisheng, Wang, Xu, Li Yuchao, Xi, Ryan Woo, Alex Richardson Organizations: Military, People's, REUTERS, People's Liberation Army, PLA Rocket Force, Navy, Southern Theatre Command, PLA, Thomson Locations: People's Republic of China, Beijing, China, BEIJING

☆ Is the EV push too fast and too furious? Ford projects $4.5B in loses for EVs in 2023
▼ + stars: | 2023-07-27 | 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 EmailIs the EV push too fast and too furious? Ford projects $4.5B in loses for EVs in 2023Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Former Ford CEO Mark Fields joins the show to discuss the automaker's recent earnings report.

Persons: Brian Sullivan, “, Mark Fields Organizations: EVs, CNBC, Ford

☆ RBC downgrades Carvana, says sell the car retailer even after its recent earnings beat
▼ + stars: | 2023-07-20 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

RBC Capital Markets thinks it's time to sell Carvana even after its recent earnings beat. Analyst Brad Erickson downgraded Carvana to underperform from sector perform, saying any upside from the online auto retailer's better-than-expected second-quarter results is more than priced in. "CVNA's better Q2 results, debt restructuring & newly enabled access to equity capital reduced liquidity risks once again — a big positive for the stock. CVNA 1D mountain Carvana shares 1-day The downgrade comes after the company's earnings results Wednesday topped estimates on the top and bottom lines. Carvana reported a loss of 55 cents per share, lower than $1.15 per share expected by analysts polled by Refinitiv.

Persons: Brad Erickson, Carvana, Erickson, Carvana's, —, we'd, — CNBC's Michael Bloom Organizations: RBC Capital Markets, Refinitiv . Revenue Locations: underperform, Wednesday's

☆ Seine-Nord Europe Canal: The $5.5B canal that will connect Paris to European waterways – and dig up the Western Front
▼ + stars: | 2023-07-11 | by ( Tom Page | ) edition.cnn.com time to read: +9 min

After multiple false starts and much political back and forth, work is underway on the Seine-Nord Europe Canal (SNEC), a €5.1 billion ($5.5 billion) project designed to break up one of the continent’s major transport bottlenecks. Environmental impactThe Oise River is currently being redirected for 4 kilometers as part of ongoing canal construction. A new extension will be constructed to accommodate further war dead, including those discovered during the construction of the canal. Inland ports are planned along the SNEC route, aiding exports, as well as providing recreational opportunities, say its designers. Despite the canal’s stop-start history, the Société du Canal Seine-Nord Europe is confident its construction timeline can be met and the canal will become operational in 2030.

Persons: ’, ”, Jérôme Dezobry, Philippe Bourdon, Dezobry, Montmacq, ” Dezobry, Bourdon, “, ” Claire Horton, Xavier Bertrand Organizations: CNN, European Union, EU, Commonwealth, Commission, CWGC, Loos British, Hauts Locations: France, Nord Europe, Dunkirk, Escaut, Paris, Belgium, Netherlands, Luxembourg, Compiègne, Aubencheul, Nord, Seine, Oise, Allaines, Thourotte, ”, Somme, Péronne, Cambrai, Beaurains, Loos, Pas, Calais, Loos British, Antwerp, de

☆ A.I. offers 'magic elixir' for a slowing economy, says Raymond James. The best ways to play it
▼ + stars: | 2023-07-05 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Artificial intelligence may be the answer to a slowing economy, according to Raymond James. The Wall Street firm said AI is potentially the next "productivity catalyst" for a lackluster macro backdrop and outlined its favorite stocks to play the trend. These are some of the AI-focused names Raymond James recommends betting on: Perhaps unsuprisingly, Microsoft made the list. Raymond James also highlighted data infrastructure stocks powering AI platforms as another growth-driver for businesses such as Arista Networks . Other top AI picks from Raymond James include Salesforce , Alphabet and American Tower Corporation .

Persons: Raymond James ., commercializes, Frank Louthan, Raymond James, Wall, NVDA, Louthan, — CNBC's Michael Bloom Organizations: Microsoft, Nvidia, Arista Networks, Wall Street, Tower Corporation

☆ Here are Thursday's biggest analyst calls: Nvidia, Micron, Netflix, Amazon, Disney, TJX, Pfizer and more
▼ + stars: | 2023-06-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Goldman Sachs reiterates Micron as buy Goldman said it's standing by its buy rating on the chipmaker after its earnings report Wednesday. JPMorgan reiterates Amazon as overweight JPMorgan said it's bullish heading into Amazon Prime Day in July. Bank of America reiterates Nvidia as buy Bank of America said it sees "AI networking upside" after a meeting with company management. Piper Sandler initiates TJX Companies as overweight Piper said the discount retailer is a top idea for the second half. Deutsche Bank reiterates Pentair as buy Deutsche Bank said Pentair is more than just a pool company.

Persons: Morgan Stanley, Freyr, Goldman Sachs, Goldman, China —, it's, Collette Kress, Networking Gilad Shainer, NVDA, OSK, Piper Sandler, Piper, KeyBanc, Pentair, Oppenheimer Organizations: Micron, Cyberspace Administration, JPMorgan, Amazon, " Bank of America, Nvidia, Bank of America, Networking, TAM, JPMorgan downgrades, Citizens, 2Q, Citi, Netflix Citi, Netflix, UBS, Warner Music, Deutsche Bank, Oshkosh Deutsche Bank, TJX Companies, DIS, Suisse, Pfizer, Credit Suisse, pharma, Spotify, FV Locations: China, 3Q22

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