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☆ The No. 1 benefit that keeps people happy at work, says exec in Finland: ‘It's not about the hours—it's about the results’
▼ + stars: | 2024-06-09 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +2 min

Every year, the company surveys its roughly 400 employees about the most important things that keep them happy and engaged at work. And in order to provide that balance, she says company leaders actively support flexibility in their employees' work schedules and break times. "It's completely normal that you can mix your personal life and work life" in how you structure your workday and workweek, Hallila says. On the rare occasion that someone's schedule is negatively impacting their team's work, Hallila says it becomes a conversation with their manager to make adjustments. "We give a lot of freedom for people to balance their overall work hours.

Persons: Anni Hallila, Hallila, It's Organizations: CNBC Locations: Finland

☆ Tesla shareholders to vote whether Elon Musk deserves billions judge struck down
▼ + stars: | 2024-06-09 | by ( Chris Isidore | ) edition.cnn.com time to read: +9 min

New York CNN —Tesla’s controversial CEO Elon Musk, and his massive wealth, are front and center in a shareholder vote this coming week. Now, Musk and the board want Tesla shareholders not only to vote again to give him back those stock options, but to relocate Tesla away from the judge’s state entirely. Despite the widespread support among shareholders back in 2018 for Musk’s pay package, the Tesla board seems to be scrambling to shore-up support for this month’s vote. But perhaps a more serious concern among Tesla shareholders is problems faced by the electric car pioneer itself. “When Tesla achieved targeted earnings, revenues, and market cap metrics, Tesla’s shareholders benefitted greatly.

Persons: New York CNN —, Elon Musk, Tesla, Chancellor Kathaleen McCormick, ” McCormick, “ Musk, McCormick, ” Tesla, Robyn Denholm, Elon, ” Rather, ”, ” Denholm, “, he’s, Dan Ives, it’s, they’re, Ives, Neuralink, Musk, ” Ives, Ron Baron, Baron Capital, ” Baron, Glass Lewis Organizations: New, New York CNN, SEC, Musk, Elon, Twitter, Wedbush Securities, SpaceX, The Boring Company, Baron, Institutional, Services Locations: New York, Delaware, Texas, Tesla’s Texas, “

☆ India's race to overtake China will intensify after Modi's reelection because they have the same obsession, analyst says
▼ + stars: | 2024-06-09 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

Read previewIndian Prime Minister Narendra Modi this week secured a historic third term in office — and it's likely to intensify India's economic rivalry with China. Both India and China will be focused on manufacturingTo reach its goal, Modi's India will likely be going big on manufacturing. Companies are diversifying their operations outside China to avoid over-relying on one country, and India is aiming to be the new China. AdvertisementIndia's foreign policy toward China is unlikely to change following Modi's re-election, Ivan Lidarev, an Asian security scholar at King's College London, told Channel NewsAsia. "I think India has strived to position itself as a leader of the global south, and of course, China wants this position," added Lidarev.

Persons: —, Narendra Modi, David Lubin, Modi, Xi Jinping, Bharat, Lubin, Raghuram Rajan, NPR's, Rajan, It's, William Lai's, Mao Ning, Ivan Lidarev Organizations: Service, London, Business, South, Central Bank of India, EV, King's College London, West Locations: —, China, Asia, India, Vietnam, Bangladesh, Malaysia, Delhi, Taiwan, Beijing

☆ Top Wall Street analysts are optimistic on the outlook for these 3 stocks
▼ + stars: | 2024-06-09 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

At the same time, Wall Street analysts continue to focus on picking individual stocks that can thrive even in the face of short-term pressures and deliver attractive, long-term returns. Here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Burlington StoresOff-price retailer Burlington Stores (BURL) is this week's first pick. Tarlowe noted that the expansion in Burlington Stores' gross and operating margins helped drive better-than-expected earnings in the first quarter. (See Burlington Stores Stock Charts on TipRanks)AmazonE-commerce and cloud computing company Amazon (AMZN) is also a top pick.

Persons: Jefferies, Corey Tarlowe, BURL, Tarlowe, TipRanks, Ivan Feinseth, there's PagerDuty, Matthew Hedberg, Hedberg Organizations: Burlington Stores Inc, Federal Reserve, Wall Street, Burlington, Burlington Stores, Amazon Web Services, AWS, RBC Capital, Department of Veteran Affairs Locations: Burlington, New York, U.S, Jersey, billings .

☆ Endangered Republicans gamble backing Trump after guilty verdict as vulnerable Democrats remain cautious
▼ + stars: | 2024-06-09 | by ( Manu Raju | Annie Grayer | ) edition.cnn.com time to read: +10 min

CNN —Former President Donald Trump lost Rep. Mike Garcia’s district by more than 12 points four years ago. I’m the Republican,” said Rep. Lori Chavez-DeRemer, whose Oregon district Biden won by eight points in 2020, confirming she’s sticking with Trump after his conviction. Rep. Mike Lawler, whose New York district Biden carried by 10 points, sharply criticized the prosecution against Trump. Republicans in this camp believe there is no limit to how hard they can lean in to talking about Trump’s conviction and see the Trump verdict as a golden ticket. GOP Rep. Ralph Norman, a Republican hardliner from South Carolina, said Republicans would “absolutely” retaliate against Trump’s political enemies after November, including prosecutors.

Persons: Donald Trump’s, Manu Raju ”, Donald Trump, Mike Garcia’s, ” Garcia, Joe Biden, There’s, Biden, ”, John Duarte, Trump, “, Richard Hudson, ” Hudson, Suzan, ” George Whitesides, Garcia, Mike Garcia, ” Whitesides, “ Joe Biden who’s, “ who’s, I’m, Lori Chavez, DeRemer, Mike Lawler, ” Lawler, Celal, Bernie Moreno, Tim Sheehy, Sherrod Brown, Jon Tester, Sheehy, Tester, ” Tester, ” Brown, I’ve, Brown, Sen, Bob Casey, Stephanie Bice, Anna Moneymaker, Nick LaLota, Attorney Alvin Bragg, ” LaLota, Republican Sen, Thom Tillis, Mitch McConnell, ” Tillis, Mike Johnson, Jim Jordan, Johnson, – Jordan, Chip Roy, ” Roy, Marjorie Taylor Greene, ” Greene, Ralph Norman, ” Norman, Tesfaldet, Morgan Rimmer Organizations: CNN, California Republican, Trump, “, Republicans, Democrats, Biden, GOP, North Carolina Republican, ”, Democratic, of, Republican, Washington DC, Getty, New York, Manhattan, Attorney, Department of Justice, DOJ, Republican Party Locations: California, York, Washington, of California, Oregon, New York, Anadolu, Ohio, Montana, Pennsylvania, Washington , DC, New, Hill, South Carolina

☆ US solar producers could finally have a fighting chance as tariffs kick in on cheaper imports from Asia
▼ + stars: | 2024-06-09 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

AdvertisementTariffs are finally in play on cheap solar imports from Asia after a two-year moratorium on the restrictions expired on Thursday. In 2023, the Department of Commerce determined that Chinese solar was making its way into the US duty-free, despite tariffs on imports from the country. But this gave way to a flood of cheap imports, causing solar prices to crater last year. Meanwhile, solar shipments from Southeast Asian producers have not slowed, and accounted for 87.5% of US module imports in the first quarter, S&P Global said. The tariffs could eventually bring upside for US producers, and Carr indicates that a 25%-30% price correction for solar modules could materialize.

Persons: —, Mike Carr, Carr, David Feldman Organizations: Service, Solar Energy Manufacturers of America, Department of Commerce, P Global, National Renewable Energy Laboratory, Reuters, Commerce Department Locations: Southeast Asia, Asia, China

CNN —Homeland Security Secretary Alejandro Mayorkas on Sunday pushed back on criticism of President Joe Biden’s new executive action restricting asylum while calling on Congress to take action on the border. Still, Mayorkas insisted the restrictions on asylum would reduce the number of people who try to cross the border. “The bipartisan deal was rejected once, we pressed forward again. And it requires the cooperation of other countries which we have secured.”But Mayorkas again called on Congress to do more. “Former President Trump tried to implement a Muslim ban, a ban on entry to this country explicitly based on one religion.

Persons: Alejandro Mayorkas, Joe Biden’s, “, ” Mayorkas, —, Donald Trump, Biden, Greg Abbott of, “ gaslighting, he’s, ” Abbott, Mayorkas, ABC’s Martha Raddatz, ”, let’s, Democratic Sen, Chris Coons, Trump, It’s Organizations: CNN, Homeland, Sunday, Republican Gov, GOP, Democratic, Department of Homeland Security, Department of State, Department of Justice, Republicans, Trump, House Republicans, Democrats, Delaware Democrat, Progressive House Democrats, ACLU, ” CNN Locations: Greg Abbott of Texas, ”, Chris Coons of Delaware

☆ This Old-School Pizzeria Stays Open by Playing Itself on TV
▼ + stars: | 2024-06-09 | by ( Allie Conti | Ok Mccausland | ) www.nytimes.com time to read: +1 min

Sam’s Restaurant, a 94-year-old red-sauce joint in Cobble Hill, Brooklyn, was uncharacteristically full of life. Serious-looking women in peacoats and laminated badges typed frantically on laptops. Carhartt-clad carpenters straightened picture frames and other period-appropriate props, all jangling carabiners and nervous energy. For the past week, dozens of people had been working to turn Sam’s into a believable replica of an Italian American social club during the Great Depression. The only person there with no obvious task was Louis Migliaccio.

Persons: Louis Migliaccio, “, Migliaccio Locations: Cobble Hill, Brooklyn, Italian American

☆ Curating an immersive art exhibition helped heal singer-songwriter Jewel’s heart
▼ + stars: | 2024-06-08 | by ( Jewel | For Cnn | ) edition.cnn.com time to read: +9 min

CNN —Walking through “The Portal” — the immersive art experience that I have created at Crystal Bridges Museum of American Art in Bentonville, Arkansas — is like stepping into a mandala. Jared Sorrells/Crystal Bridges Museum of American ArtI also began to carve marble, mold clay and draw around the same time I began writing songs. Crystal Bridges Museum of American ArtHere, there is also a sculpture I made titled “CHILL,” made of lucite and filled with a variety of medications. Jewel - Dedication Meditation (Official Visualizer from "THE PORTAL: an art experience by Jewel")The journal is for each visitor to keep. Crystal Bridges Museum of American ArtTraditional art mediums like oil painting and sculpture are often viewed today with preconceived notions and judgments.

Persons: “, Danny Goldberg, —, Philip Thomas, I’m, Rod Bigelow, Alejo Benedetti, Crystal, ”, Melesio Casas, Jared Sorrells, I, I’ve, it’s, James Webb, Kase, Jewel ., Jewel Organizations: CNN, Crystal Bridges Museum of American Art, Atlantic Records, Crystal Bridges Museum of American, ”, Bridges Museum of American, James Webb Space Telescope, Bridges Museum of, Nova Sky Locations: Bentonville , Arkansas, Crystal, San Diego , California

☆ Tech stocks like Nvidia and Apple have more room to run in June, analysts say
▼ + stars: | 2024-06-08 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Stocks like Nvidia and Apple have more room to run this summer, according to Wall Street analysts. They include: Broadcom , Uber, Apple, Datadog and Nvidia. Reitzes called Broadcom a "must-own" AI stock even as competition remains fierce from companies like Nvidia. We see Nvidia as one of the most attractive secular growth stories in large-cap semis." ... .Broadcom is one of the must-own AI stocks due to its leadership as a fabless semiconductor provider across many categories.

Persons: Ben Reitzes, Reitzes, Hock Tan, Tan, Koji Ikeda, Datadog, Ikeda, Oppenheimer, Jason Helfstein, Helfstein, Wells Fargo, Goldman Sachs, DDOG, Uber Organizations: Nvidia, Apple, Wall Street, Nasdaq, CNBC, Broadcom, Uber, Broadcom Melius, VMware, Bank of America, Melius Research, Retail Locations: AVGO

☆ Louie Hinchliffe becomes first European to win men’s 100m title at NCAA Championships
▼ + stars: | 2024-06-08 | by ( George Ramsay | ) edition.cnn.com time to read: +2 min

CNN —British sprinter Louie Hinchliffe became the first European man to win the 100-meter title at the NCAA Championships on Friday thanks to a surging finish. “It was just a fight to the end,” Hinchliffe told reporters after the race. Hinchliffe did clock a time of 9.84 last month, but it was not deemed legal due to the wind conditions. C. Morgan Engel/NCAA Photos/Getty Images“I’ve got to forget about this now and focus on the job at hand,” said Hinchliffe. “Louie has had an incredible year,” Lewis told Citius Mag after Hinchliffe won Houston’s first 100-meter championship since 2018.

Persons: Louie Hinchliffe, Carl Lewis, ” Hinchliffe, I’ve, Hinchliffe, Ashe, Kanyinsola, Zharnel Hughes, Morgan Engel, ”, Lewis, “ Louie, ” Lewis, Citius, Houston’s, ‘, ’, He’s Organizations: CNN, NCAA, University of Houston, Auburn University –, British, Olympics, Olympic, Washington State Locations: British, Eugene , Oregon, Sheffield, England, Houston

☆ Teddy Roosevelt: A major reevaluation of the most masculine president
▼ + stars: | 2024-06-08 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +13 min

O’KEEFE: “The Loves of Theodore Roosevelt” argues that the most masculine president in the American memory is actually the product of unsung and extraordinary women. Theodore Roosevelt with his second wife, Edith Carow Roosevelt, and his first five children in the mid-1890s. I had this fascinating conversation with Connie Roosevelt, who is the wife of Theodore Roosevelt IV (Teddy’s great-grandson). I love Robin Williams and the depiction in “Night at the Museum,” but that’s a cartoon of Theodore Roosevelt. Theodore Roosevelt, like his distant cousin Franklin Roosevelt, was considered a traitor to his class.

Persons: CNN — Theodore Roosevelt, Roosevelt, ”, Theodore Roosevelt, Edward O’Keefe, Buyenlarge, Theodore Roosevelt ”, Mount Rushmore, Anna, Corinne, Alice, Mittie, Martha, Edith Carow Roosevelt, Connie Roosevelt, Theodore Roosevelt IV, Connie, “, that’s, didn’t, Robin Williams, who’s, WOLF, he’s, Horatio Alger, Franklin Roosevelt, Politics, Theodore Sr, Biden WOLF, Joe Biden, There’s, Josh Hawley, —, I’ve, Edith, He’s, Kristi Noem, they’ve, Josiah, Emily, Theodore Roosevelt’s Organizations: CNN, Republican Party, Theodore Roosevelt Presidential Library Foundation, Roosevelt, Rough Riders, FPG, National Parks Conservation Association, Museum, of Congress, North Dakota —, Senate, South Dakota Gov, White Locations: North Dakota, Mount, Cuba, ”, Africa, Europe, America, Missouri, Dakota, South Dakota, New York, Sagamore, Oyster

☆ A Jewish woman adopted as a baby after World War II lost hope of finding her father. This year she gained a whole new family
▼ + stars: | 2024-06-08 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +12 min

CNN —When Elana Milman published an autobiography last year about her lifelong quest to find her birth parents, she had accepted she would never know the identity of her father. Courtesy Elana MilmanIt was only in her 30s that Milman finally discovered her birth certificate, which – after some meticulous research – led her to her birth mother in Canada. It showed she was 50% Ashkenazi Jewish and 50% Eastern European and revealed a match with a Polish woman living in France. Elana Milman is pictured at the Warsaw Ghetto monument during her recent visit to Poland. From left to right: Juliusz Gorzkoś, Elana Milman, their sister Ewa, her husband Wladek (kneeling), Gorzkos' wife Ania, Milman's granddaughter Yhali and Gorzkos' sons, Radek and Hubert.

Persons: Elana Milman, ”, Milman, “, Eliezer, Hulda Rosenfeld, –, Helena Lewinska, Franziska Lewinska, Palestine –, Elana, Eugeniusz, Milman –, Little, Gilad Japhet, Roi Mandel, Lewinska, MyHeritage, ” Mandel, Mandel’s, Juliusz, Shocked, Franziska, Franka, Yoseph Bursztajn, Diane, ” Gorzkoś, Gorzkoś, Ewa, Milman “ shivers, Juliusz Gorzkoś, I, Wladek, Gorzkos, Ania, Yhali, Radek, Hubert, Elena, Mandel Organizations: CNN, Nazi, MyHeritage, Armia Krajowa, Home Army, Technology Locations: Bergen, Belsen, Poland, Israel, Canada, Polish, Palestine, Europe, Kibbutz Merhavia, Haifa, Warsaw, Treblinka, France, Blizno, Germany

☆ Biden and Macron talk Middle East and Ukraine in French state visit
▼ + stars: | 2024-06-08 | by ( ) www.cnbc.com time to read: +4 min

French President Emmanuel Macron and U.S. President Joe Biden stand together onstage during an official State Arrival Ceremony for President Macron on the South Lawn of the White House in Washington, U.S., December 1, 2022. Fresh from commemorating the 80th anniversary of D-Day, French President Emmanuel Macron welcomed U.S. President Joe Biden in Paris on Saturday for a state visit that included talks about the Middle East, Ukraine and trade. Biden hosted Macron for a state visit at the White House in 2022. A U.S. Treasury official said on Tuesday the United States and its G7 partners were making progress on that. Despite his criticism of the IRA during his state visit to Washington in 2022, Macron and European allies have since won few concessions from Washington.

Persons: Emmanuel Macron, Joe Biden, Macron, Biden, Biden's, Republican Donald Trump, Vladimir Putin, Putin, We're, Volodymyr Zelenskiy, Zelenskiy Organizations: White, U.S, Hamas, Republican, Elysee, Biden, Australia, White House, Kyiv, U.S . Treasury, Ukraine, U.S . Congress Locations: Washington , U.S, Paris, East, Ukraine, Gaza, Israel, Lebanon, Iran, Russian, U.S, United States, France, Europe, Washington, Macron, America

☆ Apple prepares for its 2024 WWDC event
▼ + stars: | 2024-06-08 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +7 min

CNN —Apple is on the verge of kicking off perhaps its most important event in years as it faces a gauntlet of challenges. Apple is expected to team up with ChatGPT creator OpenAI Jaap Arriens/NurPhoto/Getty Images/FileA strategic partnershipIn the spring, Apple was reportedly discussing partnership opportunities with both OpenAI and Google to power its AI tools. But now the company is believed to have inked a deal with the ChatGPT creator, a partnership Apple could elaborate on during the opening keynote on Monday. Apple aligning itself with a company and a technology that have yet to win public trust could pose some risks for Apple down the line. Generative AI could potentially propel the headset into another level of personalization and immersion and usher in new use cases for businesses, particularly in the education and medical spaces.

Persons: OpenAI, ”, Tim Cook, Dan Ives, Here’s, Siri, Suzanne Plunkett, –, ” Thomas Husson, Forrester, Reece Hayden, OpenAI Jaap Arriens, Apple, ” Hayden, Hayden Organizations: CNN, Developers Conference, Nvidia, ” Apple, Apple, Apple Intelligence, Bloomberg, ABI Research, Google, Fortune, Apple Vision, Gartner Locations: China, Washington

☆ Amazon, Best Buy, Google may soon sell home smart devices with 'hacker-safe' label
▼ + stars: | 2024-06-07 | by ( Bob Woods | ) www.cnbc.com time to read: +10 min

"Once a manufacturer receives certification for the Trust Mark, they will need additional time to retool their packaging, as well as shipping updated products from the manufacturer to retailers," he said. In 2024, according to research firm Statista, nearly 70 million homes in the U.S. are actively using smart devices, up more than 10% from last year. Staffers from Consumer Reports attended a White House meeting during which the Cyber Trust Mark program was announced. Barry Mainz, CEO of Forescout Technologies, a cybersecurity provider, says he is a big fan of the Cyber Trust Mark. Steps to take now to protect your home internetThere are actions consumers can take right now, before the Cyber Trust Mark program kicks in, to harden their cybersecurity.

Persons: Biden, Jessica Rosenworcel, Nicholas Leiserson, David Grossman, What's, Stacey Higginbotham, Higginbotham, Grossman, Barry Mainz, Mark — Organizations: Federal Drug Administration, National, Traffic Safety Administration, National Institute of Standards, Technology, NIST, Federal Communications Commission, U.S . Cyber, Energy Star, Cyber, Energy, Google, LG Electronics, Logitech, Samsung Electronics, FCC, Auburn University's, Institute, Consumer Technology Association, Park Associates, Consumer Reports, White, Survey, Consumer, Forescout Technologies Locations: U.S, Washington, Mainz

☆ A New Measure Shows C.E.O. Pay at Even More Astronomical Levels
▼ + stars: | 2024-06-07 | by ( Jeff Sommer | ) www.nytimes.com time to read: 1 min

The annual tallies of chief executive pay for 2023 have arrived and they are fascinating and irritating, in equal measure. But this year, there’s a new wrinkle: Companies must disclose how much C.E.O. By that measure, too, chief executives are amassing extraordinary wealth. In 2023, using traditional measures of executive pay, four chief executives of publicly traded companies were each rewarded with more than $150 million:Plus, new rules stemming from the Dodd-Frank law of 2010 have gone into effect. They focus on how the market changes executive pay each year, yielding a second highest-paid C.E.O.

Persons: there’s, Dodd, Frank

☆ Opinion: Apple can still get back to its golden age
▼ + stars: | 2024-06-07 | by ( Opinion Jeff Yang | ) edition.cnn.com time to read: +10 min

Jeff Yang CNNNaturally, Apple has locked down the details of the revelations it plans on releasing on Monday tighter than Fort Knox. Apple CEO Tim Cook introduces Apple Vision Pro, a mixed reality headset, at Apple Park in Cupertino, CA, on June 5, 2023. What’s the songs-in-your-pocket equivalent for Vision Pro? But so far, if Apple is looking to reclaim its real-world relevance, Vision Pro isn’t it — yet. Let’s hope that at this WWDC, the company defiantly ignores last year’s laughter and continues to look, and think, different.

Persons: Jeff Yang, Bruce ”, “, CNN —, Jeff Yang CNN, OpenAI, Tim Cook, Steve Jobs, Brooks Kraft, Jobs, Cook, Ive Organizations: CNN, Conference, Apple, Huawei, International Trade Commission, Justice Department, Vision, Apple Vision, Apple Inc, Apple Watch, MacBook Air, Twitter, Facebook, mojo Locations: Asian America, America, Knox, China, Cupertino , CA, manila, WWDC

☆ Celine Dion says she’s broken ribs and struggled to sing with rare stiff person syndrome
▼ + stars: | 2024-06-07 | by ( Lisa Respers France | ) edition.cnn.com time to read: +1 min

CNN —Celine Dion is sharing details about how difficult her life has become as she lives with stiff person syndrome. The spasms can attack different parts of her body, including her abdomen, spine and ribs, she said. “I have broken ribs at one point because sometimes when it’s very severe, it can break some ribs as well,” the Grammy-winner shared. The disorder is “a rare, progressive syndrome that affects the nervous system, specifically the brain and spinal cord,” according to the National Institute of Neurological Disorders and Stroke. That is also the focus of an upcoming documentary, “I Am: Celine Dion,” set to stream on Prime Video on June 25.

Persons: Celine Dion, NBC’s Hoda Kotb, “, ” Dion, ”, Dion Organizations: CNN, National Institute of Neurological Disorders, ”, NBC

☆ Wall Street is putting its foot down as ‘Roaring Kitty’ sends GameStop soaring again
▼ + stars: | 2024-06-07 | by ( Krystal Hur | ) edition.cnn.com time to read: +9 min

That means that Gill has the right to purchase 12 million shares of GameStop at $20 apiece by a set expiration date. GameStop shares closed Wednesday at $46.55 a share, more than double the price locked in by those options. Gill hasn’t explicitly told anyone to buy GameStop shares or that he thinks it’s headed to the moon. In comparison, shares of GameStop and AMC Entertainment have surged 167% and 99%, respectively, since Gill’s return to social media. Keith Gill, a GameStop investor, also known in social media forums as Roaring Kitty, testifies during a virtual hearing on GameStop in Washington, Feb. 18, 2021.

Persons: Kitty, Keith Gill, Gill, Michael M, Gill hasn’t, it’s, Jay Woods, Woods, hasn’t, Morgan Stanley, Gill isn’t, copycats, Warren Buffett, Berkshire Hathaway, Buffett, Chubb, ”, Bill Galvin, Gill’s, Hanna Ziady, Christine Lagarde —, ” —, Read, OpenAI, Brian Fung, Inflection’s, didn’t, Keith Gill’s Organizations: CNN Business, Bell, New York CNN, GameStop, AMC Entertainment, CNN, Gamestop, New York Stock Exchange, Street, Freedom Capital, Berkshire, The Securities, Exchange Commission, SEC, Financial, Traders, stoke, Wall, Retail, Roaring Kitty YouTube, European Central Bank, US Federal Reserve, Bank of England, ECB, Federal Trade Commission, FTC, Justice Department, Microsoft, Google, Nvidia, of Justice Locations: New York, New York City, Massachusetts, Washington, Europe

Oppenheimer raised its price target on Microsoft to $500 on the potential of increasing AI adoption. Shares of AT & T are up 9% on the year, but analyst Michael Rollins' $20 price target implies that shares could rise another 9%. Analyst Andrew Obin upgraded the Post-it and Scotch parent to buy from neutral and raised his price target by $15 to $120. Analyst Christopher Nardone upgraded the shoe maker to buy from neutral and raised his price target by $16 to $87. Analyst Jay Sole upped his price target on the clothing maker by $14 to $174, now suggesting upside of 43.4%.

Persons: Oppenheimer, Exxon, Neal Dingmann, Dingmann, aren't, — Spencer Kimball, Michael Rollins, Rollins, Lisa Kailai Han, BofA, Andrew Obin, William Brown, Michael Roman, Brown, Obin, — Alex Harring, Christopher Nardone, Nardone, Skechers, Jeffrey Zekauskas, Zekauskas, Huntsman, Benjamin Soff, Soff, Fred Imbert, PVH, Jay Sole, Calvin Klein, Tommy Hilfiger, Sole, Alex Harring, Morgan Stanley, Dara Mohsenian, Mohsenian, Anthony Chukumba, Chukumba, Gavin Parsons, Parsons, Tami Zakaria, Zakaria, Herc, Morgan, Tim Hsiao, Bernstein's Eunice Lee, NIO, America's Ming Hsun Lee, Timothy Horan, Horan, Rob Sanderson, Sanderson Organizations: CNBC, Microsoft, Loop, Exxon, Natural Resources, Citi, AT, VZ, Bank of America, Huntsman, JPMorgan, Deutsche Bank, UBS, Colgate, Palmolive, Loop Capital, UBS shaves, Boeing, Rentals, United Rentals, Herc Holdings, Wall, 3Q, Bank, OpenAI Locations: Truist, Guyana, OPEC, Thursday's, America's

☆ Oscar Health CEO Mark Bertolini is ready to take on the employer market
▼ + stars: | 2024-06-07 | by ( Bertha Coombs | ) www.cnbc.com time to read: +1 min

Mark Bertolini has helped Oscar Health move toward profitability after taking over as CEO of the health insurer a year ago. Now, he says the company's next phase of growth and profitability will focus on tapping into the employer market. Bertolini says the market never took off because insurers were not focused on keeping costs down for employers or their workers. "What we're now going to do is put plan designs in and underwrite the group. Moving into the employer market is part of Oscar's strategy to expand its membership from 1.5 million to roughly 4 million by 2027.

Persons: Mark Bertolini, Oscar, Bertolini, It's Organizations: Oscar Health, Affordable

☆ Here are Friday's biggest analyst calls: Nio, Nvidia, UPS, Amazon, Oracle, Lyft, Microsoft, Walmart, Exxon, Netflix, AT&T & more
▼ + stars: | 2024-06-07 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

We reiterate our Buy rating." Deutsche Bank reiterates Adobe as buy Deutsche said it's sticking with its buy rating ahead of earnings next week. Loop reiterates Best Buy as buy Loop said it's sticking with its buy rating on the stock. "We maintain our above consensus Best Buy estimates, reiterate our Buy rating, and are raising our price target to $100 from $93." Morgan Stanley reiterates Walmart as overweight Morgan Stanley said it's standing by its overweight rating on the stock.

Persons: Oppenheimer, Wells, it's, TD Cowen, Wolfe, NVDA, Morgan Stanley, Nio, BTIG, Ally, Mizuho, JPMorgan, JPMorgan downgrades Vail, Lynch Organizations: Oppenheimer, UPS, Amazon Web Services, Nvidia, Norfolk Southern & Union Pacific, Union Pacific, Norfolk, Microsoft, Deutsche Bank, Deutsche, Colgate, Palmolive, China EV, Oracle, Adobe, JPMorgan, United Rentals, Barclays, Netflix, Vail, Exxon, " Bank of America, of America, underperform Bank of America, Bank of America, 3M, Citi, AT, Unilever

☆ GM has a secret to help sell its new EVs. It's Costco
▼ + stars: | 2024-06-07 | by ( Michael Wayland | ) www.cnbc.com time to read: +8 min

Costco Auto has facilitated more than 500,000 vehicle sales annually over the past five years on average, according to Jay Maxwell, Costco Auto Program general manager responsible for strategic partnerships. GM declined to disclose how many Costco customers have purchased GM vehicles through the program. EV interestA growing number of vehicle sales made through Costco Auto are of electric vehicles, Costco said. In addition to GM, Costco Auto has partnered with Volvo, including its Polestar EV startup brand, Audi and others over the years. The Costco Auto Program was initially part of wholesale competitor Price Club, which merged with Costco in 1993.

Persons: Kena, Motors, it's, Marissa West, Michael Wayland, Jay Maxwell, Maxwell, Mary Barra, That's, Cox, Scott Mlyn, Julie Craig, –, Melissa Repko Organizations: Costco, Corbis, Getty, DETROIT —, Costco Wholesale, Detroit automaker, Costco Auto Program, EVs, Chevrolet, Chevrolet Blazer, GM North America, CNBC, U.S, Costco Auto, Canada, Ford Motor, Volkswagen, Brands, Lithia Motors, AutoNation, GM, EV, Volvo, Audi, CNBC Costco Auto, Cadillac, Industry, Cox Automotive, Dealers, New York Auto Show, Price Club Locations: Teterboro , New Jersey, CNBC, U.S, Detroit, Canada

☆ I find it impossible to save money. A financial therapist helped me see the 3 reasons I can't stop spending.
▼ + stars: | 2024-06-07 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +6 min

I booked a session with Amanda Clayman, a financial therapist who hosts Fresh Produce Media's Audible series "Emotional Investment." Our appointment resembled a typical therapy session: I filled out an intake form beforehand, answering questions about my earliest experiences with money. AdvertisementThe session made me realize where most of my money is going, and what I can do to curb the spending. I'm overwhelmed by budget spreadsheetsAfter interviewing Clayman for a story on budgeting, I was inspired to start a budgeting spreadsheet. "When you communicate a new intention and ask for support, it's also creating a permission structure for that other person to change," Clayman said.

Persons: —, I've, Amanda Clayman, I'd, Clayman, Will, she's, it's, It's, she'll Organizations: Service, Business Locations: New York City, America

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