DIRS.INFO The most relevant business & tech news

☆ Middle East Crisis U.N. Trucks Get Food Aid Directly Into Northern Gaza
▼ + stars: | 2024-03-13 | by ( Lars Dolder | Adam Rasgon | ) www.nytimes.com time to read: +4 min

“We are not near a deal, meaning that we are not seeing both sides converging on language that can resolve the current disagreements,” Mr. al-Ansari said, without going into detail. Hamas has demanded a comprehensive cease-fire and complete Israeli withdrawal from Gaza. Mr. Mardawi said Hamas also wanted a “just deal” that would result in the exchange of Palestinians held in Israeli prisons for hostages held by militants in Gaza. The Israeli government has said it must wipe out Hamas’s military and administrative capabilities in Gaza before agreeing to end the war. “If not, Hamas will regroup, rearm and reconquer Gaza, and then we’re back to square one.

Persons: ” Israel, Majed al, Ansari, “, ” Mr, Mahmoud Mardawi, Mr, Mardawi, Benjamin Netanyahu, Israel, Netanyahu, William J, Burns, ” Organizations: Qatari, United, Hamas, The New York Times, CNN, Senate Locations: Israel, Gaza, Qatar, Egypt, United States, Gazan, Rafah, rearm

☆ Middle East Crisis Israel Says It Struck Area Used by High-Ranking Hamas Leader
▼ + stars: | 2024-03-12 | by ( Adam Rasgon | ) www.nytimes.com time to read: +3 min

The session follows a 23-page U.N. report, released on March 4, written by a team led by Pramila Patten, a special envoy on sexual violence and conflict. The report said it was reasonable to believe sexual violence against hostages could be ongoing. Diplomats from the 15-member council uniformly condemned sexual violence against Israeli women. Ms. Patten and her team also visited the West Bank to hear reports of sexual violence against Palestinians by Israeli security forces and settlers. The full report addressed the accusations, but did not focus on them because other U.N. bodies were working on that.

Persons: Pramila Patten, —, France —, Patten, Ms, ”, Timothy A, Clary, Israel Katz, ” Mr, Katz, Riyad Mansour Organizations: Sexual, United Nations Security Council, ., Agence France, Diplomats, West Bank, Palestinian, Council Locations: United States, Britain, France, Israel, Gaza, U.S

☆ Gaza Begins Ramadan With No Cease-Fire
▼ + stars: | 2024-03-10 | by ( Adam Rasgon | Hwaida Saad | ) www.nytimes.com time to read: +1 min

International hopes at reaching a cease-fire in the Gaza Strip before the Muslim holy month of Ramadan were dashed on Sunday, hours before Palestinians and other Muslims were to begin the month of daytime fasting, as Hamas repeated demands for a comprehensive cease-fire, which Israel has rejected. Egypt, Qatar and the United States had sought to broker a truce between Israel and Hamas before the start of Ramadan on Monday, and there had been optimism for a last-minute deal that would allow for the release of some Israeli hostages held in Gaza and Palestinians held in Israeli prisons. But weeks of indirect negotiations have stalled, and a top Hamas political leader, Ismail Haniyeh, said in a televised speech on Sunday that Hamas wanted an agreement that would end the war, guarantee the withdrawal of Israeli forces from Gaza, return displaced Palestinians to their homes and provide for the humanitarian needs of Gazans. Israel “wants to get its prisoners back and then resume the war on our people,” he said. Some Palestinians in Gaza have criticized Hamas, arguing the group was holding up negotiations in order to press Israel into freeing more Palestinian prisoners.

Persons: Israel, Ismail Haniyeh, Israel “, ”, Haniyeh Organizations: United States, Hamas Locations: Gaza, Egypt, Qatar, United, Israel, Gazans

☆ Watch CNBC’s full interview with Bernstein's Stacy Rasgon and Solus' Dan Greenhaus
▼ + stars: | 2024-03-08 | 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 EmailWatch CNBC’s full interview with Bernstein's Stacy Rasgon and Solus' Dan GreenhausStacy Rasgon, Bernstein semiconductor analyst, and Dan Greenhaus, Solus Alternative Asset Management chief strategist, join 'Closing Bell' to discuss the chipmakers being down, the bifurcation of the 'Mag 7', and what it all means for the sector.

Persons: Bernstein's Stacy Rasgon, Solus, Dan Greenhaus Stacy Rasgon, Bernstein, Dan Greenhaus Organizations: Asset Management

☆ Nvidia retreats from an all-time high: Here's what you should know
▼ + stars: | 2024-03-08 | 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 EmailNvidia retreats from an all-time high: Here's what you should knowStacy Rasgon, Bernstein semiconductor analyst, joins 'Closing Bell' to discuss the chipmakers being down and what it means for the sector.

Persons: Stacy Rasgon, Bernstein Organizations: Nvidia

The Gaza aid convoy that ended in bloodshed this week was organized by Israel itself as part of a newly hatched partnership with local Palestinian businessmen, according to Israeli officials, Palestinian businessmen and Western diplomats. Israel has been involved in at least four such aid convoys to northern Gaza over the past week. It undertook the effort, Israeli officials told two Western diplomats, to fill a void in assistance to northern Gaza, where famine looms as international aid groups have suspended most operations, citing Israeli refusals to greenlight aid trucks and rising lawlessness. The diplomats spoke on condition of anonymity given the sensitivity of the matter. Israeli officials reached out to multiple Gazan businessmen and asked them to help organize private aid convoys to the north, two of the businessmen said, while Israel would provide security.

Organizations: United Nations Locations: Gaza, Israel

☆ Middle East Crisis Disastrous Convoy Was Part of New Israeli Effort to Hand Out More Aid in Gaza
▼ + stars: | 2024-03-02 | by ( Aaron Boxerman | Adam Rasgon | ) www.nytimes.com time to read: +6 min

Mourning a person who was killed on Thursday when Gaza residents rushed toward aid trucks and Israeli forces guarding the convoy opened fire. Its bombing campaign and ground invasion have decimated Hamas’s control over northern Gaza, leaving both a gaping security vacuum and a humanitarian catastrophe. U.N. aid convoys carrying essential goods to northern Gaza have been suspended for days. Like Mr. Aqel, Mr. Khoudary said that he had organized some of the trucks that transported aid as part of the relief initiative involving Israel. Some were aid trucks he had dispatched, while others were organized by other contractors, he said.

Persons: Mourning, Izzat, Khoudary, Aqel, Peter Lerner, —, Witnesses, Gazans, “, Mr, Israel, ” Mr, ” Organizations: United Nations, The New York Times, British, Israel, Food Program, UNRWA, Food Locations: Gaza, Israel, Israeli

What they encountered was death and injury by the hundreds, according to witnesses and a doctor who treated the wounded, as Israeli forces opened fire toward desperate Palestinians who surged forward when aid trucks finally arrived before dawn on Thursday. “I saw things I never, ever thought I would see,” said Mohammed Al-Sholi, who had camped out overnight for a chance to get food for his family. On Friday, President Biden said the United States would begin airdropping aid to Gaza to help relieve the suffering there, as European leaders condemned Israel for the deaths of scores of hungry Palestinians who were killed as they surrounded the aid convoy. An Israeli military spokesman, Rear Adm. Daniel Hagari, said on Thursday that Israeli soldiers had been trying to secure the convoy and fired “when the mob moved in a manner that endangered them.” But he said the soldiers had not fired on people seeking aid. The military has said that most of the people died in a stampede and that some were run over by the trucks in Gaza City.

Persons: “, ”, Mohammed Al, Sholi, Biden, Israel, Daniel Hagari Locations: United States, Gaza, Israeli, Gaza City

☆ Nvidia is 'printing money at this point.' What investors are doing after the chipmaker's earnings blowout
▼ + stars: | 2024-02-24 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

The chipmaker surged 16% on Thursday after posting robust earnings and guidance , contributing to the stock's 59% year-to-date run as investors feast on artificial intelligence stocks. NVDA 1Y mountain Nvidia shares over the last year Nvidia's impressive stock run brings its valuation to elevated levels. That's left some analysts questioning whether earnings upside is already priced in to shares as others wonder how long this astonishing growth cycle can last. Those worries eased after the chipmaker offered its first set of blockbuster earnings numbers, cementing its formidable AI position. NVDA 5D mountain Nvidia shares this past week "It gives me confidence that this story lasts much longer," Harvest's Meeks said.

Persons: That's, Hua Cheng, heightening, Paul Meeks, Ken Mahoney, Greg Bassuk, Nvidia's, Goldman Sachs, Hari, Bernstein's Stacy Rasgon, Jensen Huang, Harvest's Meeks, Tim Arcuri, Cheng of Mirova, Huang Organizations: Nvidia, Portfolio Management, AXS Investments, UBS Locations: Mirova, Charleston , South Carolina

According to Israeli officials, about 100 hostages are still being held in Gaza. Qatar and Egypt have been acting as intermediaries between Israel and Hamas, which do not negotiate directly. The talks had appeared to stall last week, after discussions held in Cairo failed to reach a breakthrough. Mr. Kirby said Mr. McGurk intended to press the Israeli war cabinet for its plans for its military operation in Rafah. Israeli and U.S. officials have argued that an immediate cease-fire would allow Hamas to regroup and fortify in Gaza, and reduce the pressure for making a deal to release hostages held in the territory.

Persons: Biden’s, Benjamin Netanyahu, David Barnea, William Burns, Mohammed bin Abdulrahman bin Jassim, Abbas Kamel, Ismail Haniyeh, Haniyeh, Israel’s, Netanyahu, Benny Gantz, Brett McGurk, Yoav Gallant, “, Brett, ”, John Kirby, McGurk, Mr, ” Mr, Kirby, Gallant, Adam Sella, Cassandra Vinograd Organizations: Qatari, White, Mr, National Security Council, United, Security Locations: U.S, Paris, Gaza, Israel, Thani, Qatar, Egypt, Cairo, Gaza’s, Rafah, Tel Aviv, United States

☆ As Gaza War Grinds On, Israel Prepares for a Prolonged Conflict
▼ + stars: | 2024-02-23 | by ( Adam Rasgon | Aaron Boxerman | ) www.nytimes.com time to read: +1 min

As the war in Gaza rages on, the situation in the battered enclave is one of devastation and despair. More than 29,000 people have been killed, according to Gaza health officials, the majority in a relentless Israeli bombing campaign. While global scrutiny grows over Israel’s conduct in the war, the Israeli military, by its assessment, has delivered a major blow to the capabilities of Hamas, killing commanders, destroying tunnels and confiscating weapons. But Prime Minister Benjamin Netanyahu’s goal of destroying Hamas remains elusive, according to current and former Israeli security officials. An Israeli military intelligence official, who spoke on condition of anonymity under military protocol, said that Israel was engaged in a comprehensive mission to unravel Hamas’s military capabilities.

Persons: Benjamin Netanyahu’s, Israel Locations: Gaza, Israeli

☆ Chip analysts boost Nvidia price targets in race to catch up to chipmaker's relentless 'joyride'
▼ + stars: | 2024-02-22 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

That led several Wall Street banks to hike their price targets to account for the unrelenting demand. Bernstein and other Wall Street shops raced to catch up with Nvidia's share price, hiking their price targets in reaction to nonstop demand and the company's enormous total addressable market. Rasgon's new target was the equivalent of 48% upside from Wednesday's close, while the average price target according to FactSet implied more than 22% upside. Bank of America's Vivek Arya also lifted his Nvidia price target to $925 per share, equal to about 37% upside. JPMorgan analyst Harlan Sur boosted his price target to $850 to reflect strong data center growth and future product launches.

Persons: Bernstein's Stacy Rasgon, Bernstein, America's Vivek Arya, Harlan Sur, allaying, Sur, Goldman Sachs, Toshiya Hari, Morgan Stanley's Joseph Moore, Moore, Deutsche Bank's Ross Seymore, Seymore, Timothy Arcuri, Arcuri, — CNBC's Michael Bloom Organizations: Nvidia, Bank, America's, JPMorgan, Deutsche, UBS Locations: CY24

☆ Nvidia is still the cheapest of all the 'AI stocks', says Bernstein's Stacy Rasgon
▼ + stars: | 2024-02-21 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia is still the cheapest of all the 'AI stocks', says Bernstein's Stacy RasgonRitholtz’s Josh Brown, Requisite’s Bryn Talkington and Bernstein’s Stacy Rasgon, join 'Closing Bell' to discuss Nvidia ahead of earnings, the drop in shares of Palo Alto and their market outlooks.

Persons: Bernstein's Stacy Rasgon Ritholtz’s Josh Brown, Requisite’s Bryn, Bernstein’s Stacy Rasgon Organizations: Nvidia, Palo Locations: Palo Alto

☆ Watch CNBC’s 'Closing Bell' panel discuss Nvidia ahead of earnings
▼ + stars: | 2024-02-21 | 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 EmailWatch CNBC’s 'Closing Bell' panel discuss Nvidia ahead of earningsRitholtz’s Josh Brown, Requisite’s Bryn Talkington and Bernstein’s Stacy Rasgon, join 'Closing Bell' to discuss Nvidia ahead of earnings, the drop in shares of Palo Alto and their market outlooks.

Persons: Josh Brown, Requisite’s Bryn, Bernstein’s Stacy Rasgon Organizations: Nvidia, Palo Locations: Palo Alto

☆ Netanyahu Says He Won’t Bow to Pressure to Call Off Rafah Invasion
▼ + stars: | 2024-02-17 | by ( Adam Rasgon | Aaron Boxerman | ) www.nytimes.com time to read: +1 min

Prime Minister Benjamin Netanyahu of Israel insisted on Saturday that Israel would not bow to international pressure to call off its plan for a ground invasion of Rafah, the southernmost city in Gaza that is now packed with more than a million Palestinians. Many of the people now in Rafah are displaced and living in schools, tents or the homes of friends and relatives, part of a desperate search for any safe refuge from Israel’s military campaign, which has dragged on for more than four months. Their lives are a daily struggle to find enough food and water to survive. “Those who want to prevent us from operating in Rafah are basically telling us: Lose the war,” Mr. Netanyahu said at a news conference in Jerusalem on Saturday evening. They filled the same street where mass protests against Mr. Netanyahu’s efforts to weaken the country’s judiciary riled the nation before the start of the Israel-Hamas war.

Persons: Benjamin Netanyahu, Israel, Mr, Netanyahu, “, ” Organizations: riled Locations: Rafah, Gaza, Jerusalem, Tel Aviv, Israel

Israeli special forces were combing southern Gaza’s largest hospital in search of hostages’ remains on Friday, as Gazan officials announced that a power outage at the medical center had caused the deaths of five Palestinians in the critical care unit. Gaza’s Health Ministry said that electric generators had cut out and that all power was lost at the hospital but did not specify the reason. The ministry said on Facebook that the Israeli military was in control of the complex, which it entered early Thursday. The Israeli military said in a statement on Friday that during its search of the hospital, it had detained dozens of people for questioning. It also said its troops had found mortar shells and grenades belonging to Hamas in the area.

Persons: ’ Organizations: Nasser Medical Center, Gaza’s Health Ministry, Facebook, World Health Organization Locations: Gaza, Israel

☆ Middle East Crisis Egypt Is Building a Wall Near Gaza Border But Won’t Say Why
▼ + stars: | 2024-02-16 | by ( Nada Rashwan | Christiaan Triebert | ) www.nytimes.com time to read: +4 min

A wall is going up in the desert of Egypt near the border of the war-torn Gaza Strip, but no one is talking much about it. Image Construction of a wall along the Egyptian border with Rafah is seen in this satellite imagery. Credit... Maxar TechnologiesThe satellite imagery clearly shows newly graded land south of the Rafah border crossing. And many Palestinians suspect that Israel might not allow people who leave Gaza to come back when the war is over. One Gazan official in Rafah, Ahmed al-Soufi, estimated that there were over 100,000 displaced Palestinians in encampments pressed against the border.

Persons: Gazans, Ahmed al, Martin Griffiths, —, Hisham el, Gen Mohamed Shousha, Ahmed Ezzat, Nick Cumming, Bruce, Adam Rasgon Organizations: The New York Times, Maxar, The Times, Egyptian Army, United Locations: Egypt, Gaza, Rafah, Israel, North Sinai —, North Sinai, Maj, Geneva, Jerusalem

☆ A Palestinian Exile Champions an Arab Vision for Gaza
▼ + stars: | 2024-02-14 | by ( Adam Rasgon | Patrick Kingsley | ) www.nytimes.com time to read: +1 min

As the Gaza war rages, with civilian deaths soaring, few Arab leaders have publicly voiced their visions for the future of the battered enclave, fearing they will be accused of endorsing Israel’s actions. But one influential Palestinian exile, in an interview with The New York Times, has provided public insight into the types of postwar plans that Arab leaders are privately discussing. Mohammed Dahlan, an adviser to the president of the United Arab Emirates, outlined one under which Israel and Hamas would hand power to a new and independent Palestinian leader who could rebuild Gaza under the protection of an Arab peacekeeping force. While such plans face steep challenges, the leaders of Egypt, Saudi Arabia and the Emirates are open to supporting processes that are part of efforts leading to a Palestinian state, said Mr. Dahlan, who also has close ties to Egypt’s president, Abdel Fattah el-Sisi.

Persons: Mohammed Dahlan, Dahlan, Abdel Fattah el Organizations: The New York Times, United Arab, Emirates Locations: Gaza, United Arab Emirates, Israel, Arab, Egypt, Saudi Arabia, Palestinian

☆ Nvidia's earnings numbers will continue to go up, says Bernstein's Stacy Rasgon
▼ + stars: | 2024-02-13 | 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 EmailNvidia's earnings numbers will continue to go up, says Bernstein's Stacy RasgonStacy Rasgon, Bernstein Research senior analyst, joins 'Squawk on the Street' to discuss what Nvidia has to do to continue its upward trajectory, what could be new business for Nvidia, and more.

Persons: Bernstein's Stacy Rasgon Stacy Rasgon Organizations: Bernstein Research, Nvidia

Airstrikes hit a southern Gaza border city crowded with civilians on Thursday, a day after Prime Minister Benjamin Netanyahu denounced a cease-fire proposal by Hamas and signaled that the Israeli military was preparing to move into the area. “There is no place for the people to run to,” said Fathi Abu Snema, a 45-year-old father of five who has been living in a United Nations-run school in Rafah for nearly four months. “Everyone from all other parts of Gaza ended up in Rafah. Mr. Netanyahu said that Hamas’s demands were “ludicrous” and that accepting them would only invite further attacks on Israel. “We have yet to see any evidence of serious planning for such an operation,” he said.

Persons: Benjamin Netanyahu, ”, Fathi Abu Snema, Netanyahu, “ Hamas’s, Vedant Patel Organizations: United Nations, State Department Locations: Gaza, Rafah, Israel, Egypt’s, Washington, “

Prime Minister Benjamin Netanyahu of Israel, dashing hopes that a cease-fire in the Gaza Strip might be close, on Wednesday spurned a proposal from Hamas and said that Israel had directed its forces to prepare to operate in a Gazan city that has become a refuge for more than one million Palestinians. His comments came a day after Hamas delivered a plan to mediators that called for Israel to withdraw from Gaza, abide by a long-term cease-fire and free Palestinians held in Israeli jails in exchange for the release of Israelis being held hostage in Gaza. “Surrender to the ludicrous demands of Hamas — which we’ve just heard — won’t lead to the liberation of the hostages, and it will only invite another massacre,” Mr. Netanyahu said at a news conference in Jerusalem. Word that Israel was preparing a possible expansion of its operation came as American officials said they had killed a senior leader of an Iraqi-based militia they blame for recent attacks on American military personnel. The Pentagon said that a strike in Iraq had killed a commander of Kata’ib Hezbollah, the militia they say was responsible for a drone attack in Jordan last month that killed three American service members and injured more than 40.

Persons: Benjamin Netanyahu, Israel, we’ve, —, ” Mr, Netanyahu, Antony J, Blinken, Kata’ib Organizations: Hamas, Mr, Pentagon, Kata’ib Hezbollah Locations: Gaza, Israel, Jerusalem, ”, Rafah, Egypt, Iraqi, Iraq, Jordan

But no deal has been struck, and it is not clear how Israel will respond to Hamas’s counterproposal. “The reply includes some comments, but in general it is positive,” he said. He declined to offer further details, but said the counteroffer had been delivered to Israeli officials. “We are optimistic,” Sheikh Mohammed said. Mr. Blinken said that he planned to discuss Hamas’s response with Israeli leaders on Wednesday.

Persons: Hamas’s, Israel, Antony J, Blinken, Sheikh Mohammed bin Abdulrahman bin Jassim, ”, ” Sheikh Mohammed, Sheikh Tamim bin Hamad, Abdel Fattah el Locations: Gaza, U.S, Israel, Rafah, Egypt, Doha, Thani, Qatar, Cairo

☆ What Withholding Funds to UNRWA Means for Gaza
▼ + stars: | 2024-02-02 | by ( Adam Rasgon | ) www.nytimes.com time to read: +1 min

Since the start of the war, UNRWA has coordinated the distribution of relief to Gazans suffering from displacement, hunger and illness. “Withdrawing funds from UNRWA is perilous and would result in the collapse of the humanitarian system in Gaza,” U.N. officials in a statement on Wednesday. Here’s a closer look at how the agency, formally the United Nations Relief and Works Agency, spends its funds. UNRWA operates across the Middle East, providing aid and services to Palestinian refugees, but it employs the most people in Gaza, where 1.7 million refugees resided before the war. The bulk of UNRWA’s regular budget for Gaza goes to pay the salaries of 13,000 employees, including teachers, health care specialists, engineers and sanitation workers.

Persons: U.N, Here’s, Juliette Touma Organizations: United Nations, Gaza, UNRWA, United Nations Relief, Works Agency Locations: Israel, Gaza, Palestinian

After days of sharply criticizing the U.N. agency charged with assisting Palestinian civilians, donor countries signaled on Wednesday that they would continue to support the organization under the right conditions and stressed its essential role in delivering lifesaving aid as widespread starvation and disease loom in the war-ravaged Gaza Strip. At least 12 countries, including the United States and Germany, the two biggest donors, have temporarily suspended funding after the Israeli government circulated allegations that employees of the group, known as UNRWA, participated in the Oct. 7 attacks. Linda Thomas-Greenfield, the U.S. ambassador to the United Nations, stressed on Wednesday that the funding pause for the agency was temporary and praised the agency’s work, comments that suggested an appetite could exist among donors to resolve the funding crisis. “We know that this agency provides lifesaving services under incredibly challenging circumstances in Gaza and it contributes to regional stability and security,” Ms. Thomas-Greenfield said at a meeting of the U.N. Security Council on Wednesday afternoon.

Persons: Linda Thomas, Greenfield, Ms, Thomas Organizations: United Nations, . Security Locations: Gaza, United States, Germany, U.S

☆ It's Nvidia's game to lose and it's not losing, says Bernstein's Stacy Rasgon
▼ + stars: | 2024-01-30 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's Nvidia's game to lose and it's not losing, says Bernstein's Stacy RasgonStacy Rasgon, Bernstein chip analyst, joins 'Closing Bell' to discuss AMD ahead of its earnings and the hype around AI in the semiconductor sector.

Persons: it's, Bernstein's Stacy Rasgon Stacy Rasgon, Bernstein Organizations: AMD

Search resuls for: "rasgon"

25 mentions found