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☆ The AI craze has sent some stocks soaring up to 300%. This list of over 74 stocks across 5 categories features the top picks from the sector's leading fund managers.
▼ + stars: | 2023-02-08 | by ( Laila Maidan | ) www.businessinsider.com time to read: +11 min

These 74 stocks are picked by AI ETF managers. What she believes is unique about her fund is its heavy focus on quantum computing technology, making up 41.22% of the fund. While big data is used for different technologies, it enables AI to work with massive data sets in its machine-learning process. TipRanks, a financial technology website that uses AI to analyze financial data, created a stock list for what they deem are the best AI stocks based on popularity. TipRanks' list of nine of the best AI stocks have large market caps and are likely to remain relevant for a long time.

☆ Italy sounds alarm on large-scale computer hacking attack
▼ + stars: | 2023-02-05 | by ( ) www.reuters.com time to read: +1 min

ROME, Feb 5 (Reuters) - Thousands of computer servers around the world have been targeted by a ransomware hacking attack, Italy's National Cybersecurity Agency (ACN) said on Sunday, warning organisations to take action to protect their systems. The hacking attack sought to exploit a software vulnerability, ACN director general Roberto Baldoni told Reuters, adding it was on a massive scale. Italy's ANSA news agency, citing the ACN, reported that servers had been compromised in other European countries such as France and Finland as well as the United States and Canada. Telecom Italia customers reported internet problems earlier on Sunday, but the two issues were not believed to be related. Reporting by Elvira Pollina; Writing by Keith Weir; Editing by Jan HarveyOur Standards: The Thomson Reuters Trust Principles.

☆ Stocks making the biggest moves premarket: Accenture, Winnebago, Maxar Technologies and more
▼ + stars: | 2022-12-16 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Accenture issued a revenue range for the current quarter whose midpoint is below current consensus and said the stronger U.S. dollar will impact its fiscal 2023 results by 5%. Maxar Technologies (MAXR) – The satellite owner and operator's shares more than doubled in the premarket after it agreed to be acquired by private equity firm Advent International for $53 per share. Guardant Health (GH) – Guardant shares plunged 33.4% in the premarket following trial results for its DNA blood test for colorectal cancers. Adobe also issued upbeat current quarter guidance. U.S. Steel (X) – U.S. Steel issued better-than-expected current quarter guidance and said commercial demand for steel is on the upswing in the U.S.

☆ Stocks making the biggest moves in the premarket: Horizon Therapeutics, Coupa Software, Rivian and more
▼ + stars: | 2022-12-12 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Coupa Software (COUP) – Private-equity firm Thoma Bravo agreed to buy Coupa, a specialist in business spending management software. Accenture (ACN) – Accenture fell 1.7% in the premarket after Piper Sandler downgraded the consulting firm's stock to "underweight" from "neutral." Best Buy (BBY) – The electronics retailer's stock added 1.6% in the premarket after Goldman Sachs upgraded it to "neutral" from "sell." Gap (GPS), Tapestry (TPR), Levi Strauss (LEVI) – Goldman Sachs upgraded Gap and Tapestry to "buy" from "neutral" while downgraded Levi Strauss to "neutral" from "buy." Gap added 2.7% in the premarket, with Tapestry up 2% and Levi Strauss losing 1.2%.

☆ The Fed will raise rates again. But it’s playing with fire
▼ + stars: | 2022-12-11 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +5 min

New York CNN —The Federal Reserve is all but guaranteed to announce Wednesday that it will once again raise interest rates. The Fed bumped up rates by three-quarters of a percentage point in the past four meetings (June, July, September and November). The more widely watched Consumer Price Index data for November comes out Tuesday, just a day before the Fed announcement. Jones still thinks the Fed will raise rates by only half a point this week and may look to hike them just a quarter point in early 2023. It seems likely that the Fed will cut its GDP target and raise its expectations for the jobless rate and consumer prices.

☆ Dow has worst week since September as investors look ahead to CPI, Fed meeting
▼ + stars: | 2022-12-09 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

The next day, Fed Chair Jerome Powell is set to announce a decision on the next stage of rate hikes. But what's still a question mark is how high the Fed will take rates up, and for how long, given the current economic slowdown. The yield on the 10-Year Treasury moved higher this week amid renewed expectations the Fed will need to raise interest rates higher than expected. ET: Consumer price index FOMC meeting begins Wednesday, December 14 After the bell: Lennar (LEN), Trip.com (TCOM) FOMC meeting ends; rate decision at 2 p.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Corporate travel propels boom in sustainable aviation fuel
▼ + stars: | 2022-12-07 | by ( Jamie Freed | ) www.reuters.com time to read: +5 min

SAF accounted for only 0.5% of aviation fuel in 2021, but many airlines have a target of 10% by 2030 and the industry's goal of "net zero" emissions by 2050 relies on SAF accounting for 65% of fuel. The corporate sector interest could build momentum for the SAF industry to scale up given businesses account for around 20% of air travel globally and 30% in Europe, said Denise Auclair, corporate travel campaign manager at European non-governmental organisation Transport & Environment. 'GREEN PREMIUM'Buying SAF is more costly than purchasing emissions offsets but experts say it can play a key role in reducing travel emissions alongside switches to video-conferencing and cleaner alternatives like rail. "They contract with us, they pay for the cost premium of sustainable aviation fuel over the conventional jet fuel, and then enable us to deliver sustainable aviation fuel for our partner airlines to consume," he said. Companies are able to contract directly with airlines, travel agencies like American Express Global Business Travel (Amex GBT) (GBTG.N) and fuel providers like Neste as they look to claim SAF credits and avoid pitfalls like double claiming.

☆ Ammar Campa-Najjar faces off against John McCann in Chula Vista, California's mayoral election
▼ + stars: | 2022-11-08 | by ( Hanna Kang | ) www.businessinsider.com time to read: +2 min

Ammar Campa-Najjar is running against John McCann in Chula Vista, California's mayoral race. The San Diego State University graduate ran two unsuccessful congressional campaigns, one against Rep. Darrell Issa in California's 50th Congressional District. He is endorsed by the San Diego County Democratic Party, Chula Vista Firefighters, and several high-profile elected officials, including Gov. McCann is currently serving his fourth term as deputy mayor on the Chula Vista City Council. He is endorsed by the Chula Vista Police Officers Association, the Republican Party of San Diego County, and the San Diego County Hispanic Chamber of Commerce.

☆ Trump was deposed in a fraud suit that involved a failed 'videophone' from 2008, which lawyers alleged was 'doomed almost from the outset:' report
▼ + stars: | 2022-10-21 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Donald Trump, his company, and his three oldest children are being sued in a class action lawsuit. The suit claims that Trump defrauded investors into backing ACN, an MLM telecommunications company. The lawsuit, filed in 2018, names Trump, his company Trump Corporation, and his three oldest children — Donald Trump Jr., Eric Trump, and Ivanka Trump — as defendants. "Trump repeatedly praised ACN's 'great product' — its 'new ACN Video Phone.' But ACN's videophone was anything but great — the product was doomed almost from the outset," the lawsuit said.

☆ ValueAct's Morfit sees Insight Enterprises stock surging as cloud computing grows
▼ + stars: | 2022-10-18 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +2 min

Mason Morfit, the firm's chief executive and chief investment officer, said the company's stock price, currently trading at $87.63, could climb to as high as $500 a share in the next five years. Morfit said he was speaking out about Insight because it is broadly overlooked by the market. As Insight helps transform its partner companies, it is also transforming itself having hired a new chief executive earlier this year and having changed the bulk of senior management. For ValueAct, betting on the megatrend of digital transformation started when Morfit had a board seat at Microsoft (MSFT.O) years ago. Register now for FREE unlimited access to Reuters.com RegisterReporting by Svea Herbst-Bayliss; Editing by Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.

☆ Trump's high-profile deposition could be delayed because he's holed up at Mar-a-Lago as Hurricane Ian batters Florida
▼ + stars: | 2022-09-29 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +4 min

The lawsuit accuses Trump of promoting a scam multi-level marketing scheme. Trump's legal team fired back a response to Quinn and his team on Wednesday, accusing them of making "disingenuous and misleading statements" and attempting to cancel the deposition. Trump's team also asked that the deposition be conducted remotely to meet the court's deadline for discovery. It's unclear if Trump's legal team will shift the deposition's location to Bedminster or if they will ask to hold it at a later date. Trump raked in $8.8 million from a multi-level marketing company, ACN, between 2005 and 2015.

☆ Stocks making the biggest moves premarket: Accenture, Darden Restaurants, home builders and more
▼ + stars: | 2022-09-22 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Nonetheless, Accenture gained 1% in premarket trading. Darden Restaurants (DRI) – The parent of Olive Garden and other restaurant chains fell 2.5% in the premarket after reporting in-line quarter results. Novavax (NVAX) – The drug maker's stock slipped 6.1% in premarket trading after J.P. Morgan Securities downgraded it to "underweight" from "neutral". Eli Lilly (LLY) – Eli Lilly rose 1.4% in premarket trading after the FDA approved its cancer drug Retevmo for new uses. FactSet Research (FDS) – The financial information services provider fell 7 cents shy of estimates with adjusted quarterly earnings of $3.13 per share.

☆ What Cramer is watching Thursday — 2-year yield says Fed going much higher; job market remains tight
▼ + stars: | 2022-09-22 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

An inflation target from the Fed of 2%, does that mean we need the nation's unemployment rate to double? Weekly jobless claims up slightly to 213,000, but that's fewer than expected and suggesting the labor market remains tight. UBS upgrades Club holding Eli Lilly (LLY) to buy from neutral (hold), raises price target to $363 per share from $335. Barclays lowers price target on United Parcel Service (UPS) to $180 per share from $200, keeps equal weight (hold) rating. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Another big rate hike is coming. Lather. Rinse. Repeat
▼ + stars: | 2022-09-18 | by ( Paul R. La Monica | Cnn Business | ) edition.cnn.com time to read: +6 min

As such, experts' forecasts for the Fed's key short-term rate after the November meeting range from 3.5% to 4%. In other words, the Fed's rate hikes could ultimately lead to the economy cooling off more than the central bank would like. Too many big rate hikes risk "sending the economy into a mild recession," Chubb said. What's more, other central banks, mainly the European Central Bank, are likely to step up the pace and size of rate increases as well. "Major central banks still have work to do on inflation, including the Fed and the ECB.

„În urmă cu doi ani, libertatea religioasă a fost încălcată în una din cinci ţări. În prezent, credincioşii sunt persecutaţi sau discriminaţi în una din trei ţări din lume, adică în 62 de ţări”, a declarat pentru AFP Benoît de Blanpré, directorul AED. Fundaţie internaţională de drept pontifical, ACN examinează situaţia tuturor cultelor religioase din 196 de ţări, la fiecare doi ani. În ultimii doi ani, organizaţia a identificat „persecuţii” (asasinate, deportări, exilări, căsătorii forţate, exproprieri) în 26 de ţări (51% din populaţia lumii). „Discriminări” (refuzul sau limitarea accesului la locuri de muncă, la ajutor de urgenţă, justiţie şi proprietăţi imobiliare) au fost semnalate în alte 36 de ţări, precum Irak, Siria, Algeria, Maroc, Cuba, Indonezia şi Vietnam, conform AED.

Persons: Benoît, Blanpré, organizaţia, - Qaida, papa Francisc Locations: credincioşii, Africa, Burkina Faso, Camerun, Eritreea, Mozambic, Nigeria, Niger, Yemen, China, Myanmar, Irak, Siria, Algeria, Maroc, Cuba, Indonezia, Vietnam, Orientul Mijlociu, creştinii, India, Sri Lanka, Pakistan

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