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Piper Sandler upgraded shares of Salesforce to overweight, with its new price target implying upside of more than 20%. Helfstein placed a $45 price target on shares, implying about 48% upside from Monday's close. Along with the downgrade, Low reduced the firm's oil price target to $75 from $80 a barrel. — Samantha Subin 6:02 a.m.: Jefferies downgrades Starbucks to underperform Jefferies is bracing for more troubles ahead for shares of Starbucks . SBUX mountain 2024-06-28 SBUX in Q3 — Samantha Subin 5:45 a.m.: Piper Sandler upgrades Salesforce Piper Sandler is turning more bullish on shares of Salesforce .
Persons: Piper Sandler, Lowe's, Oppenheimer, Jason Helfstein, Pinterest, Helfstein, — Samantha Subin, Jefferies, Keith Devas, Samantha Subin, Peter Low, underperform Jefferies, Andy Barish, Barish, they've, Salesforce Piper Sandler, Brent Bracelin, Bracelin, Brian Nagel, Nagel, it's, Fred Imbert Organizations: CNBC, Oppenheimer, Amazon, Google, Kenvue, Atlantic, Exxon Mobil, BP, Starbucks, U.S, Federal Reserve Locations: China, Salesforce, Monday's
A man walks past the People's Bank of China (PBOC) building on July 20, 2023 in Beijing, China. (Photo by Jiang Qiming/China News Service/VCG via Getty ImagesChina bond yields fell to a record low after the People's Bank of China on Tuesday announced that it would cut the reserve requirement ratio for banks. Yield on China's 10-year government bonds fell 3.75 basis points to 2.043%, data from LSEG showed, marking a record low. 30-year bond yields also dropped to a record low of 2.168%. In recent months, insurance companies and institutional investors have flocked to China's bond market, partly due to limited investment opportunities available.
Persons: Jiang Qiming, Pan Gongsheng, Pan Organizations: People's Bank of China, China News Service, Getty Images, PBOC, U.S . Federal Reserve Locations: Beijing, China, Getty Images China, LSEG
Analyst Corinne Johnson initiated coverage of the biopharmaceutical stock focused on unique diseases at a buy rating. "Our positive view of the company is based on what we view as multi-blockbuster, first-to-market commercial opportunities ... coupled with the scalable nature of the company's antibody oligonucleotide conjugate platform," Johnson wrote to clients. The first is del-brax, a drug designed to fight facioscapulohumeral muscular dystrophy, or FSHD — which has estimated peak sales of $2.7 billion. The other is del-desiran, a therapy to treat myotonic dystrophy type 1, or DM1 — with a predicted peak sale figure of $4 billion. Shares have soared more than 380% in 2024, reversing course after dropping more than 59% last year.
Persons: Goldman Sachs, Corinne Johnson, Johnson, what's Organizations: Avidity Biosciences, LSEG Locations: Monday's
'Europe will make it through once again,' says Euronext CEO
  + stars: | 2024-09-24 | 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 Email'Europe will make it through once again,' says Euronext CEOStéphane Boujnah, CEO of Euronext, discusses the challenges and opportunities that Europe faces in mantaining competitiveness and cohesion.
Persons: Stéphane Boujnah
Learn moreThe Madewell Insiders event is here, and everything is at least 25% off in stores and online. Sale items are an additional 40%, so there are savings around every corner. At its base plan, Madewell Insiders get free shipping and handling, a birthday gift, and access to sales like this, among other perks. The best discounts come from items that are already on sale because those get an additional 40% discount, making most sale items well over half-off. Check out some of the best items from the Madewell Insiders event below.
Organizations: Business, PT, Insiders, Amazon Prime
Read previewIf you've considered sending your kid abroad for college, you're not alone. Amid soaring tuition fees and a desire to carve out niche college experiences, college advisors Business Insider spoke to have observed that more students and their parents are looking into opportunities to move abroad for college. For example, students can ask themselves if they would prefer living in a college town or a city college. London, for example, is great for students interested in finance, while Stockholm is ideal for students interested in the tech industry, he added. Recognize that other parts of the world operate differentlyWhen applying for college abroad, it's key to take note of the different requirements for your application.
Persons: , Greg Kaplan, Kaplan, Robert Harry, Harry, It's, Sharon Butler, Butler, Amanda Mrozek, wasn't, Scarlett Kiaras Organizations: Service, Kaplan Educational Group, Colleges, Business, Kent School Locations: London, Stockholm, Europe, Connecticut, America, Flywire, Michigan, Cologne, Germany, Kentucky, Scotland
Why all eyes are on Intel now
  + stars: | 2024-09-24 | by ( Helen Li | ) www.businessinsider.com   time to read: +8 min
Read previewOnce a Silicon Valley leader, Intel has been a staple of the computer chip-making business for decades. Even if Qualcomm acquired Intel, it's unclear what it would do with its manufacturing operations. Which Intel lacked," tweeted Bryan Catanzaro, vice president of applied deep learning research at Nvidia, who previously worked at Intel as an intern on the Larrabee project. The CPUs that made Intel big now have presented what Logan Purk, senior analyst at Edward Jones, called "the inventor's dilemma," when newer technology replaces established incumbents. Mobile chipmaker Qualcomm approached Intel to acquire its chip-designing business and, later, a merger deal, Reuters and the Journal reported, respectively.
Persons: , Pat Gelsinger, Stacy Rasgon, Paul Otellini, Otellini, OpenAI, chipmaker, Habana, Intel's, Gaudi, Rasgon, Bryan Catanzaro, Logan Purk, Edward Jones, nipping, Purk, TSMC, Mobile chipmaker, Dan Morgan, Morgan Organizations: Service, Intel, Business, Wall, Journal, Qualcomm, VMware, Bernstein Research, Atlantic, Apple, Microsoft, Systems, Habana Labs, Nvidia, Companies, AMD, Samsung, Mobile, Mobile chipmaker Qualcomm, Reuters, Apollo Global Management, Bloomberg, Broadcom, Biden Locations: Arizona, Ohio, Nervana
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNomura: India and China both 'very investable' but India is better in the long termGareth Nicholson of Nomura discusses opportunities in Indian and Chinese markets, and explains why he believes India has better long-term prospects than China.
Persons: Gareth Nicholson, Nomura Organizations: Email Nomura Locations: India, China
While exploring the wonders of the human mind, Dr. Wolf and his team of young interns must grapple with their own mental health. Quinto had just come off making his West End debut in a play about the political debates between Gore Vidal and William F. Buckley Jr. “A big part of this season’s story is Dr. Wolf starting to live his life, and what that might look like romantically is an interesting question as well.”Zachary Quinto in "Brilliant Minds." Quinto was staggered to learn of Rodemeyer’s death and said he was forced to confront his own hypocrisy. “The legacy of storytelling with him, my connection to him, and the fact that he’s a part of this show is really, really moving and meaningful to me.”For more from NBC Out, sign up for our weekly newsletter.
Persons: Zachary Quinto, , , Spock, Dr, Oliver Sacks, Michael Grassi, Quinto, Oliver Wolf, . Wolf, Sacks, ” Quinto, Oliver Sacks ’, we’ve, ” Sacks, Robin Williams, Greg Berlanti, ” Grassi, , Chris McGrath, Grassi, Zach, he’s, Gore Vidal, William F, Buckley Jr, Sacks —, “ Dr, Wolf, ” Zachary Quinto, Teddy Sears, Ryan Murphy’s, ” Sears, Josh Nichols, Wolf’s, “ Oliver Wolf, cumulatively, Jamey Rodemeyer —, would’ve, Barack Obama, Kamala Harris, Leonard Nimoy, Nimoy's, Susan Bay Nimoy, Leonard’s Organizations: NBC, , New York Times, Bronx General Hospital, NBC News, , Democratic National Convention Locations: “ NOS4A2, British, “ Riverdale, New York City, Hollywood, New York, America,
At just nine months old and 22.5 kilograms (50 pounds), he’s already bigger than his parents at the Sea Life Melbourne Aquarium in Australia. Photos of Pesto – who is 90 centimeters (about three feet) tall – towering over his parents have gone viral online. SEA LIFE Melbourne AquariumPesto’s biological father, Blake, is one of the aquarium’s oldest and largest penguins. But he’s being raised by Tango and Hudson, younger penguins whom Sea Life keepers wanted to try out as parents. Sea Life Melbourne AquariumBut adulthood is already on the horizon.
Persons: CNN —, he’s, Pesto, Michaela Smale, , , Blake, Organizations: CNN, Melbourne Aquarium, Penguins, Life, SEA, Aquarium Locations: Australia
Read previewSouth Korean companies are investing billions of dollars in the US to take advantage of two big laws meant to boost American manufacturing. A Financial Times analysis of United Nations data found South Korean companies invested $21.5 billion in US projects in 2023, more than any other country. Related storiesAnd South Korean investments span multiple states, mainly in the South. In the past decade, South Korean companies have created about 7,000 jobs in Texas and nearly 8,000 jobs in Indiana. Those provisions have incentivized South Korean companies to divert from China and focus more on the US.
Persons: , Yeo, South, Biden, South Korea —, " Yeo, Joe Biden's Organizations: Service, United, Business, Samsung, LG, Hyundai, South, Peterson Institute for International Economics, EV, Financial, Kia, SK Hynix, Korea's Ministry of Trade, Industry, Energy, Wall Street, World Bank, Biden Locations: United Nations, South Korea, Taiwan, Southern, China, US, Georgia, South, Texas, Arizona, Indiana, Korea's
Read previewMario Vasquez Zuniga, 29, got a taste of entrepreneurship three years before he launched his own business. In 2023, Vasquez Zuniga quit his job and cofounded Collective, a consulting firm, with former colleague Thea Appling. Vasquez Zuniga is a first-generation college graduate who earned his degree from San Francisco State University in 2016. Vasquez Zuniga has another advantage: He's a native Spanish speaker, and he said nearly all of the people he works with are bilingual. Vasquez Zuniga added that setting milestones is also key for new entrepreneurs.
Persons: , Mario Vasquez Zuniga, Vasquez Zuniga, Thea Appling, " Vasquez Zuniga, who's, undervalue, they've, hasn't Organizations: Service, Lucas Public Affairs, Business, Treasury Department, Bureau of Labor Statistics, San Francisco State University, Small Business Administration, CPA, Sacramento Valley Small Business Development Center, Immigrants Locations: Palmdale , California, Sacramento, El Salvador, Spanish
Constellation Energy stock is still rising after the power company's landmark announcement last week that it plans to restart the Three Mile Island nuclear plant in Pennsylvania. The operational risk to bring the plant back online in 2028 appears manageable, Morgan Stanley told clients in a note on Monday. Renewable energy and natural gas stocks could also indirectly benefit from nuclear deals, according to Morgan Stanley analyst Stephen Byrd. Renewable stocks such as AES Corp. , NextEra Energy and First Solar could get a tailwind for the same reason, according to Morgan Stanley. CEO John Ketchum said the company is looking at restarting the Duane Arnold nuclear plant in Iowa.
Persons: Morgan Stanley, David Arcaro, Arcaro, Stephen Byrd, Byrd, NextEra, John Ketchum, Duane Arnold, Wells, Neil Kalton, — CNBC's Michael Bloom Organizations: Constellation Energy, Constellation, Microsoft, Vistra Corp, Vistra, Public Service Enterprise Group, Tech, . Companies, GE Vernova, Siemens Energy, Mitsubishi Power, NRG Energy, AES Corp, NextEra Energy Locations: Pennsylvania, Iowa, Wells Fargo
Apollo CEO on the retirement investment opportunities
  + stars: | 2024-09-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApollo CEO on the retirement investment opportunitiesCNBC's David Faber sits down with Apollo Global CEO Marc Rowan for a CNBC Leaders special to discuss the Fed's latest move, the odds of recession, government spending, retirement investment opportunities and more.
Persons: CNBC's David Faber, Marc Rowan Organizations: Apollo Global, CNBC
Since 2019, Oberman, his wife, and their two cats have lived in five cities across four countries. This story is available exclusively to Business Insider subscribers. "With a creative background, I bring some flexibility to our travels," the 38-year-old told Business Insider via email, adding, "I have options to work no matter where we land." Over the past year, Business Insider has interviewed several people who have moved away from their home countries. The couple found a full-time day care option that charges roughly $400 a month for children less than one year old, according to a document provided to Business Insider.
Persons: , Chris Oberman, Oberman, he's, Netherlands Chris Oberman Organizations: Service, Business, South Locations: Netherlands, , Beijing, Shanghai, Erbil, Iraq, Seoul, South Korea, China
In today's big story, China isn't proving to be the economic promised land US companies once hoped for . US-China relations have been on shaky ground for a while, to put it mildly. But despite the growing animosity, US corporations' push to sell things to Chinese consumers has been a middle ground everyone can agree on. AdvertisementTaiwan Semiconductor Manufacturing Company makes vital hardware components for most the world's chip companies, including industry giant Nvidia. Nvidia CEO Jensen Huang recently said his company has a backup plan if things were to kick off in Taiwan .
Persons: , Jamie Dimon, Tyler Le, Insider's Linette Lopez, It's, that's, Kiran Ridley, Stringer, Getty, Jensen Huang, Huang, Alyssa Powell, Trump, Harris, isn't, Howard Marks, Marks, Rebecca Noble, Vance, Tom Brady, Jeff Bezos, it's, Ryan Routh, Donald Trump, Dan DeFrancesco, Jordan Parker Erb, Jack Sommers, Amanda Yen, Grace Lett, Milan Sehmbi Organizations: Service, Business, China Xinhua News Agency, Getty, Apple, Nike, Huawei, Taiwan Semiconductor Manufacturing Company, Nvidia, Billionaire, Economic Forum Locations: Washington ,, China, China . US, Washington, Beijing, Taiwan, USA, Florida, New York, London, Chicago
Meanwhile, Morgan Stanley raised its price target on Constellation Energy to $313m implying more than 20% upside. 7 a.m.: DA Davidson downgrades Microsoft, cites diminishing AI lead DA Davidson believes that Microsoft has lost its edge over competitors in artificial intelligence. The investment firm downgraded shares of the tech giant to neutral from buy, although analyst Gil Luria maintained his $475 price target. This could begin to have a material impact on the company's returns beginning in 2025, the analyst wrote. Wells Fargo analyst Neil Kalton also hiked his price target on the stock to $300, implying nearly 18% upside ahead.
Persons: Raymond James, Morgan Stanley, Bernstein, DA Davidson, Davidson, Gil Luria, Luria, GitHub Copilot, — Lisa Kailai Han, Daniel Roeska, Roeska, Lisa Kailai Han, Ronald Josey, Josey, Meta, Atif Malik, Malik, Raymond James downgrades, Brian Gesuale, Gesuale, David Arcaro, Arcaro, Wells, Neil Kalton, — Fred Imbert Organizations: CNBC, Constellation Energy, Motors, Microsoft, DA, Nvidia, Motors General Motors, General Motors, Hyundai, Citi Locations: Palantir, Friday's, U.S, 25e, GenAI
Newly released federal data shows the US tech workforce is younger than the workforce at large and getting younger still. Tech workers under 25 are becoming more common, while the proportion of workers older than 40 shrinks. There's an age-old perception that tech workers should be young so they can move fast and break things. One of the top qualifications to land a tech job, it seems, is to possess a birth certificate dated after 1990. Women make up just 22% of tech workers — the same proportion of jobs they held in 2005.
Persons: Z, Mark Zuckerberg, Maureen Clough, antiaging serums, Joanna Lahey, Lahey, ageism, John Zeman, Elon Musk, Zeman, John Rizzo, Rizzo, X, Daniel Jolles, Jolles, they're, Amanda Hoover Organizations: Tech, Commission, Texas, M University, Twitter, IBM, The London School of Economics, Business Locations: Silicon Valley, China
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNot a lot of investing opportunities in China right now, says PIMCO's Pramol DhawanPramol Dhawan, PIMCO head of emerging markets portfolio management, joins 'Closing Bell Overtime' to talk investing in China.
Persons: PIMCO's Pramol Dhawan Pramol Dhawan, PIMCO Locations: China
Learn more9-1-1: Lone Star is back for one final season of the high-stakes first-responder drama. We'll show you everything you need to know about where to watch 9-1-1: Lone Star, whether you want to tune in live or don't mind waiting a day to see it on-demand. While the original 9-1-1 moved to ABC earlier this year, 9-1-1: Lone Star is finishing out its run on FOX. Where to watch 9-1-1: Lone Star in the US9-1-1: Lone Star airs on FOX on Mondays at 8 p.m. Check price at ExpressVPNHow to watch 9-1-1: Lone Star with a VPNSign up for a VPN if you don't already have one.
Persons: Rob Lowe, Ronin Rubinstein, Gina Torres, Rafael Silva, Brian Michael Smith, Natacha Karam, Jim Parrack, you've, it's, ExpressVPN Organizations: Business, Star, ABC, FOX, Lone Star, Sling, DirecTV, Bravo, DirecTV Stream, Hulu Locations: Austin , Texas, USA
—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.
Persons: CTVA, Katie Stockton Organizations: Invesco DB Agriculture Fund, Wheat, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities Locations: CTVA
Ted Purdom, from San Anselmo, California, graduated in 2011 with a bachelor’s degree in English and enrolled in an overseas language program, aiming to learn Spanish. He ended up in Mallorca, the capital of the Balearic islands off the east coast of Spain, for the nine-month program. A friend told him about another program that placed American “language coaches” in Spain, called “Auxiliares de Conversación,” (conversation assistants), run by the Spanish Ministry of Education. So that November he opened The Bridge English Academy in Manacor, converting a former wine store into classrooms to give English language courses to locals. Then there’s the fact that the islanders’ first language isn’t Spanish, but Mallorquin, a dialect of Catalan.
Persons: he’d, Ted Purdom, , Purdom, , , – Lluïsa, Apollonia, Neme Jimenez, iStock, ” Purdom, Llombards, Dennis Fischer Organizations: CNN, University of Oregon, Spanish Ministry of Education, Mallorca, English Academy, San Francisco Bay Area Locations: California, Mallorca, San Anselmo , California, Balearic, Spain, Spanish, Oviedo, Asturias, Mallorca’s, Palma, Manacor, American, kickstarting, San Francisco Bay, Francisco, Bay
Read previewA recent sleepover made me consider how different my childhood was compared to my children's. While my sleepovers were better than theirs, their experiences in other areas of their childhood seem much better. And while I'm happy they get to have those experiences, I'm also starting to get a little jealous. They don't have to spend hours at church like I didOf all the shared life experiences, church activity makes me the most envious. And it's nice to think that someday in the future, my oldest will be hesitant to let his kid mow the lawn, too.
Persons: , Sleepovers, I'm, Trunchbull, I'd, they've, Zelda, That's Organizations: Service, Business, Disney, Methodist Locations: West Virginia, Orlando, Chattanooga, Asheville, North Carolina, Breckenridge
Learn moreLet us show you everything you need to know about where to watch a free Singapore F1 live stream wherever you are in the world. As also detailed in our season-long free F1 live stream guide, we can help you watch every race this season via similar options to today's. How to watch free Singapore F1 live streams with a VPNSign up for a VPN if you don't have one. How to watch Singapore F1 live stream in the USESPN is covering the remaining Formula 1 races this season. Check price at FuboHow to watch Singapore F1 live stream in the UKWant a free option?
Persons: Norris, he's, you'll, ExpressVPN, it's, FuboTV Organizations: Business, Singapore, Premier League, NFL, RTL2, ESPN, Sky Sports, Sky Locations: Singapore, ORF1, Austria, Belgium, Luxembourg, TV's
“But that’s just not where we are right now.”The sisters aren’t alone in their status as dynamic duos turned dynamic uno. Hall & OatesDaryl Hall and John Oates of the band Hall and Oates performing in Minnesota in 2017. In May, Hall – who originally filed the lawsuit against Oates in 2023 – told Variety in an interview that that Hall & Oates were officially over. Zeppelin originally included Page, Plant, drummer John Bonham and bassist/keyboardist John Paul Jones. The band broke up in 1980 after Bonham’s death and Page and Plant went on to each have successful solo careers.
Persons: Tia Mowry, Tamera Mowry, Housley, , Mowry, Cory Hardict, , that’s, Keegan, Michael Key, Jordan Peele Keegan, Jordan Peele, Peele, Key, ” Paris Hilton, Nicole Richie, Paris Hilton, Frazer Harrison, besties, Richie, they’re, Peacock, Liam, Noel Gallagher Liam, Noel Gallagher, they’ve, Stripes Jack, Meg White, Adam Savage, Jamie Hyneman, Alberto E, Rodriguez, Savage, Jon Lung, Brian Louden, ” Savage, Oates Daryl Hall, John Oates, Oates, Adam Bettcher, Daryl Hall, Hall –, , Mero Desus, Kid Mero, Showtime’s, Mero, Carmelo Anthony, Nice, Robert Plant, Jimmy Page Robert Plant, Jimmy Page, John Bonham, John Paul Jones, Plant, “ He’s, ” Page, Simon, Garfunkel, Paul Simon, Kevin Winter, Art Garfunkel Organizations: CNN, Comedy, Paris, Getty, Hilton, Gallaghers, Oasis, Stripes, Oates, NBA, Zeppelin, New York Times Locations: Hollywood, , Pasadena, Minnesota, Brooklyn, British, Culver City, Queens
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