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Prime Day 2023 ends tonight and we're still working hard to round up all the best deals of day 2. Down to $164.99, this Prime Day price matches the record low we saw for Black Friday. On select sizes and colors, you can get up to 60% off, the lowest Prime Day price to date. Even with a newer C3 model out this year, this remains a better value, especially at this current Prime Day deal price. This Prime Day deal is the best price we've ever seen, and it's only available by invite for Prime members during Amazon Prime Day.
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The best Prime Day TV dealsDeal icon An icon in the shape of a lightning bolt. $89.99 from Amazon Originally $149.99 Save 40%Deal icon An icon in the shape of a lightning bolt. Lowest Price Amazon 43-inch Omni Series 4K Fire TV The Omni Series The smallest version of Amazon's flagship TV brand boasts 4K picture quality and Alexa-powered voice controls. Prime member exclusive $429.99 from Amazon Originally $559.99 Save 23%Deal icon An icon in the shape of a lightning bolt. Deal Amazon Fire TV Cube (2022) Amazon's latest Fire TV Cube offers 4K streaming support, hands-free Alexa, an HDMI input, and video upscaling.
Persons: We've, Price, it's, It's, we've, Bose, you'll, Price Roku, Dolby, you've, AirPods Organizations: Samsung, Amazon, Price Samsung, LG, NVIDIA, Deal LG, Sony, Prime, SAMSUNG, Price LG, PlayStation, Omni, Fire, Price NVIDIA, Dolby, Google, Alexa, Price Apple
Whether you're upgrading from an older pair of wireless earbuds or just grabbing another set, these Apple AirPods Prime Day deals are some of the best we've ever seen. But unlike most Prime Day deals, these AirPod sales are only available on the first day of Prime Day. Apple AirPods Prime Day dealsDeal icon An icon in the shape of a lightning bolt. Deal Apple AirPods Max The AirPods Max gives up the compact portability of the AirPods Pro to deliver the best of Apple's audio quality and noise-canceling performance. Read more: Apple AirPods 2 vs AirPods 3 vs AirPods ProAnd if you're a true audiophile — and have the cash to spare — check out the high-end AirPods Max.
Persons: Max, Apple's, AirPods, Price, Siri Organizations: Apple, Amazon, Price Apple
$199.99 from Amazon Originally $279.99 Save 29%Deal icon An icon in the shape of a lightning bolt. The 20% discount is the lowest price we've ever seen, making it a great time to buy. $199.00 from Amazon Originally $249.00 Save 20%Deal icon An icon in the shape of a lightning bolt. $166.99 from Amazon Originally $250.00 Save 33%Deal icon An icon in the shape of a lightning bolt. Lowest Price Amazon Kindle Oasis (8GB) Amazon revolutionized the e-reader with the Kindle Oasis' daring design, great page-turn buttons, sharp screen, and giant ebook library.
Persons: We've, it's, Price, It’s, it’s, you'll, LaCroix, seltzer, Murad Retinol, Price Calvin Klein, Calvin Klein racerback, Grey Heather, Riley C.E.O, Sunday Riley, You'll, you’ve Organizations: Fire, Amazon, Price Apple, ICM, Black, Deal, Steam, Sunday, Prime Locations: Whynter
Limited-Time Deal Amazon Music Unlimited (Prime Member Plan) Amazon Music Unlimited lets you stream more than 90 million songs ad-free and millions of podcasts. $16.99 from Amazon Originally $29.99 Save 43%Prime Day deals: AudioDeal icon An icon in the shape of a lightning bolt. Deal Amazon Echo Buds (2023) If you need a new pair of wireless earbuds with decent sound, try the newest Echo Buds. $279.99 from Amazon Originally $499.99 Save 44%Prime Day deals: BeautyDeal icon An icon in the shape of a lightning bolt. $145.00 from Amazon Originally $210.00 Save 31%More Prime Day dealsDeal icon An icon in the shape of a lightning bolt.
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Here are Tuesday's biggest calls on Wall Street: Morgan Stanley reiterates Nio as overweight Morgan Stanley said it thinks the electric vehicle company's stock will begin to gain traction. Morgan Stanley reiterates Microsoft as overweight Morgan Stanley reiterated Microsoft as a top pick and said it has "compelling positioning." Baird reiterates Tesla as outperform Baird said it's bullish on the company's supercharger opportunity. Cowen reiterates Netflix as outperform Cowen said it's standing by its outperform rating on the stock heading into earnings next week. Truist upgrades Scotts Miracle-Gro to buy from hold Truist said in its upgrade of Scotts that the pandemic hangover is finished.
Persons: Morgan Stanley, Nio, KeyBanc, , Baird, Tesla, it's bullish, Cowen, it's, Piper Sandler, Piper, Wells, Uber, Evercore, Netflix Evercore, Argus, Generac, Canaccord, Canacccord, Newell, Wolfe, Jefferies, TOST, JPM, Goldman Sachs, Goldman, TD Cowen, Truist Organizations: Microsoft, CIO Survey, Netflix, TikTok, IG, Mobile, UBS, Commercial Metals, Commercial Metals Company, Amazon, Industrial, Newell Brands, destocking, Citi, Hewlett Packard Citi, HP Inc, Apple, Jefferies, JPMorgan, Bank of America, underperform Bank of America, Bancorp, of America, US Bancorp, JetBlue, Alliance, . Carriers, Target, Scotts Miracle, Gro, " Bank of America, American Express Locations: Wells Fargo, Underperform, Scotts
The best Prime Day TV dealsDeal icon An icon in the shape of a lightning bolt. $79.99 from Amazon Originally $149.99 Save 47%Deal icon An icon in the shape of a lightning bolt. Deal Samsung 75-inch QN90B 4K QLED TV This 75-inch Samsung Neo QLED is an excellent high-end alternative for buyers who don't want an OLED TV. $719.99 from Amazon Originally $1,049.99 Save 31%Insignia 43-inch Class F30 Series 4K TV This Insignia Fire TV offers 4K quality and Amazon Fire Smart TV functionality in an affordable package. $99.00 from Amazon Originally $129.00 Save 23%Deal icon An icon in the shape of a lightning bolt.
Persons: we'll, Price, It's, we've, Apple AirPods Organizations: Prime Day, Amazon, Price LG, LG, PlayStation, Samsung, Dolby, Fire, Apple, Price Apple
Are you looking for the best Amazon Prime Day deals? Some of these deals are open to everyone, but once Prime Day properly lands, you must be a Prime member to enjoy these exclusive discounts. If you want to browse the entire selection yourself, then you can see the Prime Day landing page over at Amazon. Prime Day deals: AudioDeal icon An icon in the shape of a lightning bolt. Prime Day deals: ComputingLenovo IdeaPad Flex 5i Chromebook This convertible 2-in-1 Lenovo Chromebook offers considerable value for the specs.
Persons: Apple AirPods, Price, it's, iRobot, It's, Bissell, Fryer, fryer, they're Organizations: Amazon, Prime, Alexa, Amazon's, Echo Studio, Music, Apple, Price Apple, Steam, AA, Black, LG, Fire, Lenovo, ASUS
Plug Power could become one of the largest green hydrogen suppliers globally, according to Citi. This makes PLUG well positioned to benefit from growing demand for green H2 in hard to abate sectors," Bagri wrote in a Wednesday note. Bagri said Plug Power is on track to achieve positive gross margins this year and aims to top 30% in gross margins by 2026. "We believe a favorable guidance on additionality/time matching, progress towards gross margin improvement and financial support from the DOE could all be positive catalysts," he continued. PLUG YTD mountain PLUG in 2023 —CNBC's Michael Bloom contributed to this report.
Persons: Vikram Bagri, Bagri, , Michael Bloom Organizations: Citi, Amazon, Walmart, Home Depot, GM, Department of Energy, DOE
TOKYO/SINGAPORE, July 5 (Reuters) - Oil benchmark Brent fell on Wednesday, reversing some of the gains made after Saudi Arabia and Russia announced they would extend and deepen output cuts into August, as concerns over a global economic slowdown weighed on market sentiment. Brent was down 46 cents, or 0.6%, at $75.79 a barrel by 0704 GMT, after climbing $1.60 on Tuesday. Investors remained concerned about oil demand, however, after business surveys showed a slump in global factory activity because of sluggish demand in China and in Europe. "The trajectory of global oil stockpiles may soon become as relevant as OPEC+ supply cuts and macro headwinds given the International Energy Agency's outlook for a tightening oil market in H2 2023," analysts from Commonwealth Bank of Australia said in a note. Reporting by Yuka Obayashi in Tokyo and Muyu Xu in Singapore; Editing by Sonali Paul and Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.
Persons: Brent, Tomomichi Akuta, Yuka Obayashi, Xu, Sonali Paul, Muralikumar Organizations: . West Texas, Mitsubishi UFJ Research, Consulting, Federal, Market, U.S, of, Petroleum, Investors, Traders, American Petroleum Institute, Reuters, International Energy, Commonwealth Bank of Australia, Thomson Locations: TOKYO, SINGAPORE, Saudi Arabia, Russia, ., Monday's, U.S, United States, Europe, China, Algeria, OPEC, Tokyo, Singapore
Tesla shares rose more than 6% in the premarket, giving Nasdaq-100 futures a boost . Goldman Sachs took the higher vehicle deliveries as a bullish signal. Canaccord's $293 price target implies about 12% upside for Tesla shares. Citi has a $215 per share price target on Tesla, a which the stock has already surpassed by more than 21%. Sacconaghi's $150 price target implies downside of more than 40% from Friday's close.
Persons: Tesla, FactSet, Goldman Sachs, Mark Delaney, Canaccord Genuity, George Gianarikas, Gianarikas, Itay Michaeli, Bernstein's Toni Sacconaghi Jr, Sacconaghi, Michael Bloom Organizations: Nasdaq, Tesla, Citi Locations: Friday's
Investors, bankers and lawyers expect a busy second half where activists may become more involved in trying to jumpstart mergers and acquisitions (M&A). "Volatile markets and depressed M&A markets are not deterring activists from launching campaigns in 2023," said Jim Rossman, global head of shareholder advisory at Barclays. In the second half, Barclays' Rossman expects to see a market with pent-up demand for M&A and $1.4 trillion parked in private equity firms' war chests that needs to be put to work. "The proof is in the pudding in the 2023 proxy season," Rossman said. "Activists won seats at 80% of proxy contests that went to a final vote, compared to 33% in 2022."
Persons: Jim Rossman, ValueAct, Carl Icahn, Francis deSouza, Elliott, Rossman, Svea Herbst, Bayliss, Jamie Freed Organizations: YORK, Elliott Investment Management, Capital, Legion Partners, Barclays, Holdings, Inclusive, Partners, Bayer, Reuters, Capital Management, Svea, Thomson Locations: Europe, Asia, United States
MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was flat, while markets in Singapore, India and Malaysia are closed for holidays. Japan's Nikkei (.N225), however, gained 1% and was headed for a monthly rise of 8.5% and a quarterly jump of 19%. The offshore yuan hovered near an eight-month trough at 7.24 per dollar on Thursday, after the central bank fixed the daily guidance at the weakest level since November. European Central Bank President Christine Lagarde, on the other hand, cemented expectations for a ninth consecutive rise in euro zone rates in July. U.S. crude futures were little changed at 69.55 per barrel, and Brent crude was down 0.1% at $74.00 per barrel.
Persons: HSI, Jerome Powell, Stephen Wu, Christine Lagarde, Kazuo Ueda, Mark McCormick, hawkish, Powell, Brent, Stella Qiu, Lincoln Organizations: SYDNEY, Japan's Nikkei, Nasdaq, Apple, Dow, Micron Technology, European Central Bank, Commonwealth Bank of Australia, ECB, Bank of Japan, U.S, Reuters, TD Securities, Thomson Locations: Asia, Pacific, Japan, Singapore, India, Malaysia
Net profit fell to $10 billion from $18.6 billion, mostly due to a worse performance by Chinese software giant Tencent (0700.HK), in which Prosus owns a 26% stake. Among e-commerce companies Prosus considers part of its core operations, revenue grew by 10% to $5.8 billion, the company said. Its trading loss in the second half of the year came to $252 million, an improvement from a loss of $365 million in the first half, Prosus said. Separately, Prosus announced it is ending a cross-share-holding arrangement with its parent company Naspers (NPNJn.J) of South Africa. Naspers on Tuesday reported a 78% slump in annual profit, also mainly due to a weaker contribution from China's Tencent.
Persons: Prosus, Naspers, Toby Sterling, Jason Neely Organizations: HK, Prosus, Thomson Locations: AMSTERDAM, South Africa, Prosus
KUALA LUMPUR, June 26 (Reuters) - Saudi Aramco (2222.SE) believes market fundamentals remain "sound" for the second half as demand from emerging markets led by China and India will offset recession risk in developed markets, CEO Amin Nasser told an industry gathering on Monday. "Overall, we believe that oil market fundamentals remain generally sound for the rest of the year," said Nasser, who heads the world's largest oil company. "Despite the recession risks in several OECD countries, the economies of developing countries – especially China and India – are driving healthy oil demand growth of more than 2 million barrels per day this year," he told the conference. Although China faces economic headwinds, the transport and petrochemical sectors are still showing signs of demand growth, he added. Looking ahead, Vitol said oil demand could peak around 2030.
Persons: Amin Nasser, Nasser, Daniel Yergin, Russell Hardy, Sazali Hamzah, Petronas, Vitol, Hardy, Muyu Xu, Florence Tan, Christopher Cushing, Himani Sarkar, Conor Humphries Organizations: Saudi Aramco, Energy Asia, Petronas, Brent, Organization of, Petroleum, P Global, Vitol, EV, Thomson Locations: KUALA LUMPUR, Saudi, China, India, Kuala Lumpur, Malaysia, Russia, Iran, Saudi Arabia
Take Five: The only way is up
  + stars: | 2023-06-23 | by ( ) www.reuters.com   time to read: +6 min
June 23 (Reuters) - It's been a turbulent week or two for markets, with one central bank after another making it very clear the only way for rates right now is up as inflation tightens its grip on the global economy. Bad news could be taken as a positive, if traders see it as a way of pushing authorities to offer more support to the economy - as long as it eventually arrives. Make your way to the foothills of Portugal's Sintra mountains from Monday through Wednesday. The agenda is, of course, inflation, inflation, inflation. Many expect initial attempts to talk the currency higher - "jawboning", in central bank jargon - before considering whether direct intervention is needed.
Persons: It's, Yoruk, Lewis Krauskopf, Naomi Rovnick, Amanda Cooper, it's, Big Tech's, CHRISTINE, Christine Lagarde, Yannis Stournaras, Jan Harvey Organizations: Investors, Federal, Credit Suisse, Big Tech, Federal Reserve, European Central Bank, Traders, ECB, Reuters Graphics Reuters, Analysts, Thomson Locations: Portugal, Rae Wee, Singapore, Amsterdam, New York, London, U.S, Beijing, China, Portugal's Sintra, SWEDEN, Swedish
Most economists expect another modest 10 bps LPR cut in the second half - on top of a 25 bps cut in banks' requirement ratio (RRR). The PROC last cut the RRR - the amount of cash that banks must hold as reserves -- in March, by 25 bps. Each 5 basis points LPR cut could reduce pre-tax profits of major banks by as much as 1.8%, China Merchants Securities said in a report. "A small rate cut is a useful painkiller for symptoms but cannot alleviate the real problem," said Gary Ng, Asia Pacific senior economist of Natixis. On Friday, China's cabinet discussed policy measures to support the economy.
Persons: COVID, NIM, Wang Yifeng, Wang, Gary Ng, China's, Zhang Ming, Zhang, Morgan Stanley, Kevin Yao, Ziyi Tang, Kripa Jayaram, Sumeet Chatterjee Organizations: People's Bank of China, Reuters, Everbright Securities, China Merchants Securities, Asia Pacific, stoke, Chinese Academy of Social Sciences, Thomson Locations: China, BEIJING, Beijing, Asia
A big start for stocks in the first six months of 2023 could be a signal that even bigger things are on the way for the rest of the year. Historically, a positive first half has led to gains in the second half 72% of the time, above the normal 69% rate in data cited by CFRA that goes back to 1945. However, history also has shown that the stronger the start, the stronger the finish. The scenario has seen gains 82% of the time. "With this year's S & P 500 gain of nearly 15% YTD through June 16, history suggests investors hold onto their hats, since a stellar H2 may be in order," Sam Stovall, CFRA's chief investment strategist, said in a client note Tuesday.
Persons: CFRA, that's, Sam Stovall
Just Climate raises $1.5 billion with help from Microsoft fund
  + stars: | 2023-06-08 | by ( ) www.reuters.com   time to read: +2 min
LONDON, June 8 (Reuters) - Asset manager Just Climate said on Thursday it had raised $1.5 billion for its inaugural fund after strong demand from institutional clients including Microsoft’s Climate Innovation Fund helped it beat the original target of $1 billion. Established by Generation Investment Management, Just Climate aims to focus investment on the sectors where cutting greenhouse gas emissions is hardest to do, such as cement, shipping, industrials and land use. The firm's initial fund, Climate Assets Fund I, will focus on helping companies with proven technology scale their business to a level to attract more risk-averse investors. "Proven, transformational climate solutions are being developed to decarbonise the industrial sectors. Among other investors to back the fund include IMAS Foundation, Ireland Strategic Investment Fund, Harvard Management Company, California State Teachers’ Retirement System, and Colonial First State Investments.
Persons: Shaun Kingsbury, Kingsbury, Clara Barby, Simon Jessop, Lisa Shumaker Organizations: Innovation Fund, Generation Investment Management, Climate, IMAS Foundation, Ireland Strategic Investment Fund, Harvard Management Company, Colonial, Investments, ABB, Meva Energy, Thomson Locations: California
China may cut rates further in H2, government researcher says
  + stars: | 2023-06-06 | by ( ) www.reuters.com   time to read: +1 min
BEIJING, June 6 (Reuters) - China will likely further cut banks' reserve ratio and interest rates in the second half of this year to support the economy, the China Securities Journal reported on Tuesday, citing policy advisors and economists. China's economy rebounded faster than expected in the first quarter but lost momentum at the beginning of the second. Zhang Ming, a researcher at the Chinese Academy of Social Sciences, a top government think tank, told the state newspaper that low inflationary pressures in China will provide room for monetary easing. China can consider further rate cuts and target the reserve requirement ratio (RRR) cuts to lower lending costs, said Zhang. Li Chao, chief economist at Zheshang Securities, also expects potential rate cuts and RRR cuts in the second half of this year, the report said.
Persons: Zhang Ming, Zhang, Li Chao, Ziyi Tang, Ryan Woo, Shri Navaratnam Organizations: China Securities, Chinese Academy of Social Sciences, Zheshang Securities, U.S . Federal Reserve, United, Thomson Locations: BEIJING, China, Beijing, United States
STOCKHOLM, June 6 (Reuters) - Swedish startup evroc, which is backed by EQT Ventures and Norrsken VC, plans to raise and invest 3 billion euros ($3.2 billion) over the next couple of years to start operating two "hyperscale" data centres. Led by serial entrepreneur Mattias Åström, evroc plans to keep the data within Europe. It has raised a seed round, and plans to build eight hyperscale data centres by 2028, three software development hubs and employ over 3,000 people. It will use a technique called "eco load balancer" which will move data processing between evroc's data centres based on where renewable energy is most readily available and affordable. "When there is sunshine in Spain, we move data processing to Spain; when there's wind in the Netherlands, we move data processing there," Åström said.
Persons: Mattias Åström, Åström, Supantha Mukherjee, Hugh Lawson Organizations: EQT Ventures, Norrsken, Reuters, Thomson Locations: STOCKHOLM, Europe, Spain, Netherlands, Sweden, Northvolt, Stockholm
TSMC expects H2 performance to be better than H1
  + stars: | 2023-06-06 | by ( ) www.reuters.com   time to read: 1 min
TAIPEI, June 6 (Reuters) - Taiwanese chipmaker TSMC (2330.TW) said on Tuesday it expects its performance to be better in the second half of the year than the first. First half revenue is expected to drop 10% year-on-year in U.S. dollar terms, CEO C.C. Wei told the company's annual shareholders meeting. Reporting by Faith Hung and Ben Blanchard; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.
Persons: TSMC, C.C, Wei, Faith Hung, Ben Blanchard, Jacqueline Wong Organizations: Thomson Locations: TAIPEI
The bank upgraded the automotive giant to buy from neutral and raised its price target to $16 per share from $12.80. The new target implies upside of 29% from Friday's close. Vehicle Density Survey shows seasonally adjusted annual auto sales could reach 19 million in the coming years, drastically improving Ford's risk/reward outlook. "Simply put, our survey suggests that recent U.S. auto demand resilience isn't some fluke but rather a genuine increase in wallet share. Ford last month reported stellar first-quarter results , with CFO John Lawler calling them a "peek at what's possible to generate value and growth."
Persons: Itay Michaeli, Michaeli, Ford, John Lawler, , Michael Bloom Organizations: Ford Motor, Citi, Survey, EV Locations: Friday's
Wall Street's fear gauge fell to its lowest level in 3 years just as a new bull market hits stocks. The decline in the VIX suggests that the stock market has entered a regime of low volatility following the bear market of 2022. A new bull market starts when an index surges 20% from the lowest close of its bear market. The Nasdaq 100 already entered its bull market at the end of March. "We wouldn't be surprised at all if this new bull market would continue much longer than most think and the VIX will also stay consistently beneath 20.
Persons: Carson Group's Ryan Detrick, , Nicholas Colas, Colas, Carson Group's, Ryan Detrick, Detrick, Katie Stockton doesn't, we've, Stockton Organizations: Service, Nasdaq, DataTrek Research
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDeal with TotalEnergies will help make green hydrogen cheaper than fossil fuels, TES CEO saysMarco Alvera, CEO of TES-H2, talks about the company's newly announced partnership with TotalEnergies for e-natural gas.
Persons: TotalEnergies, Marco Alvera Organizations: TES, TotalEnergies
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