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☆ China's macro backdrop has investors worried. Here are some stocks that could be safe from any weakness
▼ + stars: | 2023-09-20 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

A lackluster economic backdrop in China shouldn't keep Wall Street from buying opportunities in the world's second-largest economy, some investors say. Consumer growth bets Kirby named Yum China as one quality stock idea. He also expects Yum China could still benefit from a rebound in consumer spending in China. It's a spending category the fund manager doesn't expect will suffer from any weakness in the macro backdrop. Yum China is higher this year by more than 4%.

Persons: Ben Kirby, Kirby, Duke, It's, James Donald, Thornburg's Kirby Organizations: Thornburg Investment Management, KFC, Technology, doesn't, Lazard Investment, Lenovo Locations: China, Beijing, Botox, U.S

☆ Opinion: The Netanyahu government’s next target: Israel’s free press
▼ + stars: | 2023-09-19 | by ( Dan Perry | Gilead Sher | ) edition.cnn.com time to read: +7 min

A cornerstone of those shared values is both countries’ historic commitments to a free press. Israel’s journalism, as in the United States, is freewheeling and independent, and reporters are famously skeptical and often critical of any government. Gilead Sher Courtesy Gilead SherAs in the United States, Israeli governments have always viewed a free press as inviolate because of the central role it plays in upholding democracy and fostering government transparency and accountability — until now. Missed so far, however, in most mainstream US news, are the government’s initiatives to erode Israel’s free press and gradually turn Israeli media into government propaganda vehicles. And indeed, as already stated, Netanyahu’s government has targeted much more than the free press.

Persons: Dan Perry, Gilead Sher, Ehud Barak, Benjamin Netanyahu, Joe Biden, Netanyahu, Gilead, Biden, Donald Trump, Viktor Orban, Orban, Israel Organizations: London, Associated Press, Israeli, CNN, UN, Assembly, BBC, Israeli Public Broadcasting Corporation, MSNBC, Fox News, Hungarian Locations: Cairo, Europe, Africa, Israel, United States, New York, America

☆ As Hollywood strikes press on, Wall Street weighs in on the outlook for TV, streaming stocks
▼ + stars: | 2023-09-19 | by ( Samantha Subin | ) www.cnbc.com time to read: +10 min

At the same time, legacy media companies face off against another well-known demon: cord-cutting. Technology companies such as Apple and Amazon can lean on their respective hardware and e-commerce businesses, said Paul Fanelli, a research analyst at Gabelli Funds. Even so, Wall Street sees only a handful of pure-play winners in the TV and streaming space winning consumer attention over the long run. Already, the technology companies have shown some promise. Consumers are increasingly forgoing pay TV packages from cable companies and opting for bundles from companies like Alphabet, he said.

Persons: Rosenblatt, Barton Crockett, It's, Netflix's, Ken Leon, Hollywood's, Leon, Jamie Lumley, Paul Fanelli, it's, Apple's, Amazon's, That's, Needham, Laura Martin, Martin, —, John Hodulik, CNBC's, bode, Crockett, NBCUniversal's Peacock, Brandon Nispel, Nispel, Disney's hasn't, Fanelli, that's Organizations: Netflix, Apple, Paramount, Sky, Third, Gabelli, Warner, UBS, ESPN, Fox, NFL, Hulu, YouTube, KeyBanc, Comcast, Disney, Warner Bros, Max, DIS, Rosenblatt, ABC, Nexstar, CNBC Locations: France, United Kingdom

☆ The stock market just entered its weakest 10-day stretch of the year
▼ + stars: | 2023-09-19 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The stock market just entered its weakest 10-day stretch of the year, according to Bank of America. The bank highlighted that the last 10 days of September are especially weak when the first half of the month is down. But seasonal data suggests the stock market can recover and have a better year-end after it escapes September. The S&P 500 is already down 0.60% so far this week. With no major support levels having yet been broken in the stock market, Suttmeier maintains his bullish tilts towards equities, with the view that the S&P 500 is still in a secular bull market that could last for a few more years.

Persons: bode, Stephen Suttmeier, shouldn't, Suttmeier Organizations: Bank of America, Service Locations: Wall, Silicon

☆ Bank of America names 2 European chip stocks as its 'top picks' into year-end
▼ + stars: | 2023-09-18 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Bank of America named European chip stocks ASM International and STMicro as its "top picks" going into the end of the year. The Wall Street bank said it continues to favor ASMI with a 521 euro ($559) price target, which represents 25% upside potential from the current share price. Bank of America's $72 price target for STM points to a 62% upside potential over the next 12 months. STM ASMXF YTD line Bank of America analysts cited "resilient pricing and secular growth drivers in silicon carbide (SiC)" as reasons the stock should benefit into year-end. Bank of America cautioned that mixed signals on smartphone demand are an issue for the semiconductor sector more broadly.

Persons: Didier Scemama, Jean, Marc Chery Organizations: of America, ASM International, " Bank, America's, Bank of America, carmakers Locations: United States, Paris

☆ Wall Street's hottest career move: the volatile, lucrative world of private credit
▼ + stars: | 2023-09-18 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +8 min

So it's no wonder that through the past couple of years, working on and around private credit deals has become Wall Street's career du jour. Private credit is most often floating-rate debt — that is, debt where interest rates rise in concert with rate hikes. 'Unheard of' salaries, while risks abound in the marketIt's worth noting what private credit is: we're talking about debt and loans. "For most of my career, attracting new attorneys to private credit was a challenge. Proskauer's private credit group now has 90 lawyers, 24 of whom are partners, working full-time on private credit.

Persons: that's, Marc Rowan, Marc Lipschultz, Goldman Sachs, Paul Heller, Hannah Robb, Robb, It's, Cliffwater, Heller, Caldwell, Banks, Carlyle, Blackstone, Marco Acerra, Spencer Stuart, it's, Acerra, Richard Fernand, Nicholas Kalogeropoulos, Sam Iles, I've, Mike Mezzacappa, Evan Palenschat, Robert Lewin Organizations: Blackstone, Partners, CFA Institute, Columbia Business School, Wall Street, Alpha FMC, Barclays, Goldman Locations: New York

☆ Top Wall Street analysts say these stocks have the best growth prospects
▼ + stars: | 2023-09-15 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Here are five such stocks chosen by Wall Street's top analysts, according to TipRanks, a platform that ranks analysts based on their past performance. Further, the company continues to invest in AI and sees huge growth potential for its AI-powered features. The analyst noted that the company achieved strong growth in new products under its Identity, Cloud, and LogScale Security Information and Event Management (SIEM) offerings. Nevertheless, he feels that this pullback has created an attractive opportunity to buy CMG stock based on multiple positive catalysts that could emerge in the months ahead. Tarantino reaffirmed a buy rating on CMG stock with a price target of $2,400.

Persons: Wall, TD Cowen, Shaul Eyal, Zscaler, Eyal, Needham, Alex Henderson, Henderson, TipRanks, Baird, David Tarantino, Tarantino, LULU, Robert Drbul, Lulu, Drbul Organizations: Nasdaq, Investments, CrowdStrike, Security, Management, Charlotte, Microsoft, Grill, Lululemon Athletic, Guggenheim, Acushnet Locations: cybersecurity, Mexican, North America, China, Greater China

☆ Two cruise lines will benefit thanks to 'turbocharged' demand, says Redburn Atlantic
▼ + stars: | 2023-09-14 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

During the two years of the Covid pandemic, cruise lines lost approximately 80% of their pre-pandemic market capitalization, according to Redburn Atlantic. Strong travel demand, particularly in leisure travel, is at the core of the improved pricing outlook for the cruise industry, according to Brignall. Norwegian has faced partcular challenges thanks to its status as a high-end cruise line with an older customer base, and "more complex, longer cruise product." As a result, the company has been hurt more than other cruise lines by sailing restrictions, but Brignall expects that headwind to get better soon. Both shares have surged this year thanks to the continued recovery in leisure travel, with Carnival climbing 93% and Norwegian by 39%.

Persons: Alex Brignall, Brignall, headwind, Josh Weinstein, — CNBC's Michael Bloom Organizations: Cruise Line Locations: U.S, Norwegian, Europe

☆ Arm IPO: Should you buy shares? Here's what 4 analysts are saying
▼ + stars: | 2023-09-14 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

China risks Analysts have also noted Arm's limited control over its China joint venture, Arm China, which contributes 24% of revenue. "Plus, Arm can only sell to China customers via the Arm China channel, and they can offer competing product. With no direct stake in Arm China, they currently have very little control over their only means to sell in China." Valuation Analysts at New Constructs have also challenged Arm's valuation. Growth Analysts at Bernstein were also cautious, while expecting cloud, automotive, and mobile royalties to drive healthy top-line growth for Arm.

Persons: Rohit Kulkarni, Roth, SoftBank, Bernstein, Sara Russo, Russo, it's, Timm Schulze, Schulze, Melander, — CNBC's Michael Bloom Organizations: Apple, Nvidia, SoftBank Locations: British, New York, SoftBank, China, Arm China

☆ Here are Thursday's biggest analyst calls: Nvidia, Apple, BJ's, Etsy, Carnival, Blackrock, FedEx & more
▼ + stars: | 2023-09-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are the biggest calls on Wall Street on Thursday: Bank of America downgrades J.M. "Our prior Buy rating was based on the view that SJM would focus on a more optimized portfolio of core brands, following several years of divestitures of low growth/margin assets. Bank of America reiterates Alphabet as buy Bank of America said it's standing by its buy rating on the stock due to "AI innovation & potentially lower expenses." Bank of America reiterates Blackrock as buy Bank of America said the company is the "leading platform for investing & tech solutions." Goldman Sachs reiterates FedEx as buy Goldman said it's standing by its buy rating heading into earnings next week.

Persons: Morgan Stanley, Wells, JPM, PENN, VIRT, William Blair, Jefferies, MET's, Semtech, Wolfe, TD Cowen, Redburn, BLK, Goldman Sachs, Goldman Organizations: Bank of America, Amazon, Nvidia, NVIDIA, JPMorgan, Apple, Wave7 Research, Deutsche Bank, Penn Deutsche, Penn, Citi, Google, BMO, Jefferies, MetLife, Susquehanna, Blackrock, FedEx

☆ Pope's visit to France stirs debate over immigration, secularism
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +3 min

Pope Francis meets people on the day of the weekly general audience at the Vatican, September 13, 2023. Vatican Media/Handout via REUTERS Acquire Licensing RightsPARIS, Sept 14 (Reuters) - Pope Francis' scheduled visit to France next week has stirred debate in the French political class, with left-wing politicians criticising the president for attending Mass while the far-right objects to the pope's positive views on immigration. Macron's advisers said French leaders had attended Mass before, and there was "confusion" as to what secularism means. "I disagree with Pope Francis," Marechal said on BFM TV on Thursday. France, home to Europe's largest Muslim community, is regularly convulsed with debates on immigration.

Persons: Pope Francis, Francis, Emmanuel Macron, Fabien Roussel, Macron, Marion Marechal, Marine Le, Marechal, doesn't, Michel Rose, Elizabeth Pineau, Philip Pullella, David Gregorio Our Organizations: Vatican, Handout, REUTERS Acquire, Rights, French Communist, Thomson Locations: France, Marseille, France's, Republic, Europe, Paris, Rome

☆ SoftBank's Arm soars in market debut to notch $60 bln valuation
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +3 min

Arm executives and CEO Rene Haas gather outside Nasdaq Market site, as Softbank's Arm, chip design firm, holds an initial public offering (IPO), in New York, U.S., September 14, 2023. REUTERS/Brendan McDermid Acquire Licensing RightsSept 14 (Reuters) - Shares in SoftBank's Arm Holdings ARM.O opened 18% above their offer price in their Nasdaq debut on Thursday, valuing the British chip designer at nearly $60 billion in its return to the public markets after seven years. The stock opened at $56.10 per American Depositary Share compared with the initial public offering (IPO) price of $51, and steadily extended gains to just over $60. "The Arm IPO is the most hyped listing we've had in the markets for a while." Compiled by the Global Finance & Markets Breaking News teamOur Standards: The Thomson Reuters Trust Principles.

Persons: Rene Haas, Brendan McDermid, SALMAN MALIK, ANSON, ” OWEN LAU, JORDAN STUART, “, ” “, ’ ” DANIEL KLAUSNER, HOULIHAN, haven't, ”, ” KYLE RODDA, ANDREW Organizations: Nasdaq, REUTERS, Holdings ARM.O, OPPENHEIMER, FEDERATED HERMES, OF, PUBLIC, ROSENBLATT, Global Finance, Markets, Thomson Locations: New York, U.S, “

☆ This pizza chain's revamped rewards program could be good news for its stock, BTIG says
▼ + stars: | 2023-09-13 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Domino's updated loyalty program offers another reason to be optimistic about the stock, BTIG said. Analyst Peter Saleh reiterated his buy rating and top pick call for the pizza chain. "As expected, Domino's announced changes to its loyalty program this morning in conjunction with the start of the fall season and 4Q23," he said in a note to clients Tuesday. Domino's updated loyalty program includes new tiers and rewards that Saleh said should appeal to more costumers as it has faster redemption and more options. The update should build on other improvements in the business such as menu innovations and an upcoming launch with Uber Eats, Saleh said.

Persons: BTIG, Peter Saleh, Domino's, Saleh, Uber, — CNBC's Michael Bloom

☆ Opinion | A Hidden Reason Cities Fall Apart
▼ + stars: | 2023-09-13 | by ( Thomas B. Edsall | ) www.nytimes.com time to read: +3 min

And this has been a self-perpetuating process in which the fortunate metros have gained the most while many places are left behind. This used to happen all the time in Detroit, Cleveland, St. Louis, the Twin Cities, etc.”These locally based firms. Atkinson continued, “played an important role of helping the various municipalities in a region work more closely together. The only way to grow their banks or electric utilities was to grow the community where they were based. Their job is to sit on local boards and dabble in community relations, but they don’t really call the shots anymore.

Persons: Mark Muro, Muro, Robert D, Atkinson, Louis, “, ” Aaron M, Renn, Frank A Organizations: Brookings, ’, metros, Information Technology, Innovation Foundation, Twin, American, “ Civic, Baltimore News American, Maryland Locations: Detroit , Cleveland, St, Twin Cities, Banks, Dallas

☆ Israel’s democracy is at a crossroads as its top court debates a law limiting its power. Here’s what to know
▼ + stars: | 2023-09-12 | by ( Hadas Gold | ) edition.cnn.com time to read: +12 min

“The Supreme Court and the government alike possess a credible nuclear threat against the other side … if both sides are rational actors, they will … disarm themselves. That leaves the Supreme Court as the only check on the executive and legislative branches of government. Striking down a Basic Law would be uncharted territory for the Supreme Court, although it has examined and commented on Basic Laws before. Thousands of military reservists and even some active duty soldiers have vowed not to serve if the judicial overhaul went into effect. Or for the Supreme Court that might say we have a right to demonstrate, the right to strike by our so to speak legal system,” Tomer said.

Persons: Jerusalem CNN —, Benjamin Netanyahu’s, –, Netanyahu, “, ”, Amit Segal, Netanyahu’s, Biden, Israel doesn’t, Esther Hayut, Aryeh Deri, Benjamin Netanyahu's, Ohad, Yariv Levin, Bezalel Smotrich, Itamar Ben Gvir, ” Segal, it’s, Banks, Haim Tomer, Hassan Nasrallah, ‘, ’ ” Tomer, Joe Biden, Tomer, ” Tomer, he’s, Isaac Herzog’s, Isaac Herzog, Benjamin Netanyahu, Ronen Zvulun, Ben Gvir Organizations: Jerusalem CNN, Jerusalem CNN — Israel’s, Israel’s, Supreme, CNN, of Defense, United, National Security, United Nations General Assembly Locations: Jerusalem, Israel, United Kingdom, Iran, Iraq, Lebanon, United States, United Arab Emirates, Saudi Arabia

☆ Bank of America upgrades work uniform company that it says will benefit from no recession
▼ + stars: | 2023-09-12 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Bank of America has a better-than-consensus outlook on the U.S. economy and thinks Cintas will be a major beneficiary as recession risks wane. "With BofA's economics team no longer expecting a near-term recession, we're more confident in Cintas' sales and margin momentum." Shares of the Ohio-based work uniform and services company have gained 10.2% this year. The firm's earnings estimate for fiscal 2024 and fiscal 2025 are higher than the company's guidance as well as Wall Street's expectations, she said in the note . "We think Cintas is poised for EPS beats driven by sales and margin outperformance," Balsky said.

Persons: Cintas, Heather Balsky, Balsky, — CNBC's Michael Bloom Organizations: of America Locations: U.S, Monday's, Ohio

☆ Why Are We Obsessed With the Destruction of L.A.?
▼ + stars: | 2023-09-12 | by ( Ismail Muhammad | ) www.nytimes.com time to read: +4 min

For them the flooding was ordained by God, a sign that they were vindicated in a running feud with the team. For many of these conservatives, the ultimate decision to host the Sisters earned the Dodgers a special place in hell. The next day, the Dodgers’ official X and Instagram accounts posted images of a dry and sunny scene at the ballpark. In the movies, L.A. is the place where everything goes wrong; at least the rest of the nation can take lessons from its failures. How, I wonder, does the new visual language of social media train us to understand the world?

Persons: God, Marco Rubio, “, Bill Donohue, Charlton Heston, Tom Szczerbowski Organizations: Dodgers, Catholic League, Spunky Conservative Patriot, Los Angeles Times, Charlton, National Guard, Dodger Locations: California, Southern California, Eden, Black

☆ UBS lays out the best names to play the $2 trillion clean energy transition
▼ + stars: | 2023-09-12 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

A tidal shift in corporate support for decarbonization pared with government funding for the energy transition has created a secular growth cycle that can exceed $2 trillion, according to UBS. Second-quarter earnings reports showed a "clear divergence" in whether and how companies would be helped by the approximately $600 billion in government benefits in support of the green energy transition, analyst Shneur Gershuni told clients. Following the latest corporate earnings season, Gershuni updated his list of stocks that investors can use to play the energy transition capital expenditure cycle. Here are 10 that made the most updated list, including all of his new additions: Sempra's addition came after announcements showing it was upping exposure to the energy transition, Gershuni said. Despite falling around 19% this year, the average analyst sees an upside of more than 32% ahead, according to LSEG.

Persons: Shneur Gershuni, Gershuni, Eaton, Goldman Sachs, Carly Davenport, — CNBC's Michael Bloom Organizations: UBS, DTE Energy, SPX Technologies, FTC, Eaton Corporation, LSEG, NextEra Energy Locations: Sempra

☆ What China’s new smartphone means for Wall Street
▼ + stars: | 2023-09-11 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

Huawei’s feat could mean that Chinese technology has been progressing much faster than previously thought. Before the Bell spoke to Zino about what’s happening and what it means for Wall Street. Huawei’s new smartphone uses an internally developed, very powerful chip that’s manufactured by the Semiconductor Manufacturing International Corporation (SMIC), a partially state-owned Chinese semiconductor foundry. In the long term, this is probably a good thing for the leading semiconductor companies like Nvidia (NVDA) and Qualcomm (QCOM). Furniture companies are in a rutPeople aren’t buying furniture like they used to, reports my colleague Samantha Delouya.

Persons: there’s, Mike Gallagher, Michael McCaul, Angelo Zino, Bell, There’s, they’ve, They’ve, it’s, Anna Cooban, Samantha Delouya, Hooker, “, ” Williams, Laura Alber Organizations: CNN Business, Bell, New York CNN —, Huawei, House, Skyworks, Materials, Semiconductor Manufacturing International Corporation, Nvidia, Qualcomm, Intel, Federal Reserve, West Elm Locations: New York, China, Taiwan, Korea, United States, Asia, Saudi Arabia, Europe, Virginia, Wayfair, Williams, Sonoma

☆ Is School Choice Destroying Public Education?
▼ + stars: | 2023-09-11 | by ( Dale Russakoff | ) www.nytimes.com time to read: +2 min

THE DEATH OF PUBLIC SCHOOL: How Conservatives Won the War Over Education in America, by Cara FitzpatrickCara Fitzpatrick’s first book,“The Death of Public School,” opens with a superb survey of the political, cultural, legal and natural forces undermining public trust in our nation’s schools. This means less money for traditional public schools and the 90 percent of American students who attend them. “Support for traditional public education has become another partisan divide in our already divided country,” writes Fitzpatrick, a Pulitzer Prize-winning education reporter and editor. “The Death of Public School” is a history of how that happened. And, curiously, it ends before the arrival of the Covid pandemic and the convulsions of school closings, book banning and school culture wars — all of which have become accelerants for the “freedom of choice” idea in education.

Persons: Cara Fitzpatrick Cara Fitzpatrick’s, ”, Fitzpatrick, Mark Twain, Milton Friedman Organizations: Conservatives Won, Public School, Republican, Public Locations: America

☆ Here are Monday's biggest analyst calls: Tesla, Apple, Nvidia, Amazon, Microsoft, Block, Netflix & more
▼ + stars: | 2023-09-11 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

JPMorgan upgrades Tenable to overweight from neutral JPMorgan said the security software solutions company is "well positioned for better fundamentals." JPMorgan upgrades Nubank to overweight from neutral JPMorgan said it sees an attractive entry point for the Brazilian neobank company. JPMorgan downgrades Brunswick to neutral from overweight JPMorgan said higher interest rates will weight on the marine recreation company in the months ahead. Bank of America reiterates Nvidia as a top pick Bank of America said Nvidia shares remain "compelling" at current levels. " Bank of America initiates Raymond James as buy Bank of America said the financial services company is well positioned and has a defensive portfolio. "

Persons: Morgan Stanley, Tesla, Raymond James, RJF, Evercore, Redburn, Bob Iger, Johnson, Jefferies, Bernstein, Brown, Forman, Baird, it's Organizations: supercomputing, Investors, JPMorgan, TENB, Brazilian, Bank of America, CSX, of America, 3Q, JPMorgan downgrades, Nvidia, AMD, Barclays, UBS, Amazon, Netflix, Disney, Deutsche Bank, Deutsche, Citi, Microsoft Citi, Microsoft, Apple Locations: JPMorgan downgrades Brunswick, North America

When Ana Lavi neared the gates of her village in southern Israel late one night in July, a small group of men appeared in the road, surrounded her car and blocked its path. The men had gathered half in celebration, half in vengeance. Hours earlier, Israel’s ultranationalist and religiously conservative governing coalition had passed the first part of its deeply contentious effort to weaken the Supreme Court. The kibbutz security guard hurried to the scene, accompanied by other residents. A scuffle broke out, and the guard drew his pistol.

Persons: Ana Lavi, Israel’s ultranationalist, Hatzerim, Lavi Locations: Israel, Lavi’s

☆ World leaders visit Mahatma Gandhi's memorial as the G20 comes to a close
▼ + stars: | 2023-09-10 | by ( Rhea Mogul | ) edition.cnn.com time to read: +4 min

Indonesia's President Joko Widodo, India's Prime Minister Narendra Modi and US President Joe Biden at the Mahatma Gandhi memorial at Rajghat in New Delhi on September 10, 2023. When India won its independence from the British in 1947, right-wing Hindu nationalists rallied for the carving of British India into two separate states: Hindu-majority India and Muslim-majority Pakistan. Gandhi, on the other hand, was against the country’s partition, instead advocating for a united India of all faiths. At the same time, the BJP and its supporters have been accused of downplaying the legacy of India’s first prime minister, Jawaharlal Nehru, a longtime Gandhi admirer and ally. Modi has condemned Godse’s worship and continuously praised and paid his respect to Gandhi, both inside and outside of India.

Persons: CNN — Narendra Modi’s, Mohandas K, Gandhi, India’s, Modi, Joe Biden, Rishi Sunak, ” Modi, Joko Widodo, Narendra Modi, Kenny Holston, Nathuram Godse, Jawaharlal Nehru, Godse’s, Mahatma Gandhi, ”, Gandhi Ji Organizations: CNN, British, India's, Getty, Bharatiya Janata Party, BJP, Rashtriya Swayam Sangh, India, RSS Locations: New Delhi, Gujarat, India, Rajghat, Pakistan

☆ In 'macho' Mexico, stage set for first female president
▼ + stars: | 2023-09-09 | by ( Dave Graham | ) www.reuters.com time to read: +8 min

[1/2] Former Mexico City Mayor Claudia Sheinbaum reacts after she was nominated as a presidential candidate, in Mexico City, Mexico September 6, 2023. "It's extraordinary in a patriarchal country," said Josefina Vazquez Mota, who made history in 2012 as the first female presidential candidate for one of Mexico's main parties. "Just imagine having a female president in a country as macho as Mexico!" Mexican women did not win full voting rights until 1953, 33 years after the neighboring United States. Today, Vazquez Mota said, her PAN ally Galvez no longer had to respond to whether Mexico was ready for a female president.

Persons: Mexico City Mayor Claudia Sheinbaum, Henry Romero, Claudia Sheinbaum, Xochitl Galvez, Galvez, Josefina Vazquez Mota, Vazquez Mota, Maria del Carmen Garcia, Mexico City Mayor Sheinbaum, Andres Manuel Lopez Obrador, Marcelo Ebrard, Angelica Rodriguez, femicides, Guadalupe, Sor Juana Ines de la Cruz, Lorenzo Meyer, anticlerical, Gabriela Cuevas, Dave Graham, Stefanie Eschenbacher, Alberto Fajardo, Stephen Eisenhammer, Claudia Parsons Organizations: Mexico City Mayor, REUTERS, Action Party, PAN, Mexican, Court, men's, Roman, Virgin, Church, Colegio de Mexico, Reuters Graphics, Inter, Parliamentary Union, Federal, Vamos, OECD, Mexican Institute for Competitiveness, Thomson Locations: Mexico City, Mexico, MEXICO, America, Brazil, Honduras, Peru, United States, Canada, Yucatan, Reuters Graphics Mexico, Britain, Mexican, U.S, Turkey, Argentina

☆ Barclays says electrification is a ‘mega theme’ and names the global stocks to buy
▼ + stars: | 2023-09-08 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +2 min

Analysts at Barclays have identified electrification as a "mega theme" and have named several stocks set to benefit. "The electric grid plays a key electrification and energy transition role," they said. Barclays' overweight rating corresponds to a buy recommendation. Barclays is overweight-rated on General Electric despite its plans to spin off GE Vernova, which comprises its power, renewable energy, digital and energy financial services businesses, in 2024. GE expects Vernova organic revenue to rise by mid single-digits on the year, with its renewable energy division revenue up high single-digits.

Persons: — CNBC's Michael Bloom Organizations: Barclays, U.S . Department of Energy, Stock, Schneider Electric, nVent, General Electric, GE Vernova, GE Locations: U.S, North America

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