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☆ Here are Thursday's biggest analyst calls: Apple, Amazon, Tesla, Chipotle, Capital One, United & more
▼ + stars: | 2022-12-01 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Morgan Stanley downgrades Capital One and Ally Financial to underweight from equal weight Morgan Stanley said in its downgrade of Capital One and Ally Financial that it sees "significant risk" for both stocks. Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's standing by it's overweight rating on Tesla but is concerned 2023 could be a disappointing year in general for electric vehicles. Morgan Stanley initiates Vizio as equal weight Morgan Stanley said it's concerned the television tech company lacks scale to keep up with bigger competitors. Morgan Stanley reiterates Salesforce as overweight Morgan Stanley said it's standing by shares of Salesforce after the company's disappointing earnings report on Wednesday. Morgan Stanley reiterates Snowflake as overweight Morgan Stanley said investors should stick with shares of Snowflake for the long-term after its earnings report on Wednesday.

☆ The SEC is suing real-estate mogul Kent Swig's shady crypto partner for perpetuating a 'pump-and-dump' scheme with a different gold-backed crypto currency
▼ + stars: | 2022-12-01 | by ( Alex Nicoll | Daniel Geiger | ) www.businessinsider.com time to read: +8 min

Now the SEC is suing the CEO of Swig's company for an earlier, separate gold-backed crypto scam. According to the SEC, Braverman was said to be the chief operating officer of one of two companies the regulator targeted in the complaint. When Swig's company announced Digau, cryptocurrencies were on a sugar high, with bitcoin trading above $60,000. Neither Swig nor Dignity Gold would reveal to Business Insider any of the specific site locations where the company plans to mine. To extract the gold, Swig partnered with a mining company called Apache Mill Tailings.

☆ GOP donor who gave Trump $120,000 in 2020 now says he won't give the former president anything
▼ + stars: | 2022-11-17 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

A GOP donor who gave Donald Trump $120,000 in 2020 now says he won't give him a nickel. Andy Sabin, chairman of Sabin Metal Corp, told CNBC he blames Trump for the GOP's midterms results. Sabin gave Trump $120,000 in 2020, per CNBC. "At the end of the day, people stayed away because of Trump," Sabin said. Sabin told CNBC that he, too, blames Trump for the party's election failures.

☆ Inside the new database disclosing judicial wealth and potential conflicts, from Justice Neil Gorsuch's $700 cowboy boots to Justice John Roberts' Irish cottage
▼ + stars: | 2022-11-15 | by ( Jack Newsham | ) www.businessinsider.com time to read: +4 min

One judge disclosed a six-figure investment in cryptocurrency. Those judges' financial lives, and more than 400 others, are laid bare in a new federal database that went live this month. Litigants looking for potential conflicts of interest, and pretty much anybody else, can see what federal judges own, who they owe, what side hustles they have, and what their spouses do. And while private-sector 401(k) plans need to be disclosed, federal employee retirement plans, known as thrift savings plans, don't. It only includes 2021 financial disclosures, and users who want information about previous years' disclosures will have to submit their requests manually.

☆ Meta Quest Pro review: A very expensive VR experiment that doesn't have a target audience
▼ + stars: | 2022-11-10 | by ( Sofia Pitt | ) www.cnbc.com time to read: +14 min

In this article META Follow your favorite stocks CREATE FREE ACCOUNTSofia Pitt using Meta Quest Pro Sofia PittI've been testing the new $1,500 Meta Quest Pro virtual reality headset since it launched on Oct. 25. In other words, the Meta Quest Pro is a very expensive experiment built to help figure out the use cases for the metaverse. Meta Quest Pro vs. Meta Quest 2: Design upgradesThe fit and design of the Meta Quest Pro are a huge upgrade compared with the Meta Quest 2 headset, which launched in 2020 under the name Oculus Quest 2. Meta Quest Pro. Painting VR on Meta Quest Pro Sofia PittThese experiences are not new or exclusive to the Pro.

☆ Crypto crash and gold sell-off show there’s no place for investors to hide
▼ + stars: | 2022-11-10 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +5 min

Bitcoin prices are currently hovering around $16,500, down from a level of $20,000 just a week ago. Gold, like bitcoin, then surged in the latter part of 2020 as a sort of safe haven trade. Why buy gold or digital assets when the greenback is proving to be the king of currencies? Bitcoin prices have been notoriously volatile over the past few years, but they have still done better than many major stock market indexes. One venture capitalist who focuses on bitcoin and crypto assets agreed that FTX’s problems won’t derail the entire digital assets universe.

☆ 'Black Panther: Wakanda Forever' review: Director Ryan Coogler pulls off a difficult dive after Chadwick Boseman's death
▼ + stars: | 2022-11-08 | by ( Review Brian Lowry | ) edition.cnn.com time to read: +4 min

CNN —In the parlance of Olympic diving – a good analogy for blockbuster movie-making – “Black Panther: Wakanda Forever” faced an inordinate degree of difficulty, addressing the tragic death of Chadwick Boseman. A scene from "Black Panther: Wakanda Forever." With other Marvel stalwarts having exited the universe post-“Endgame,” “Black Panther” appeared poised to become a focal point going forward. Whether “Wakanda Forever” can bridge that gap and position Marvel to fill that void remains to be seen. “Black Panther: Wakanda Forever” premieres November 11 in US theaters.

☆ Gold is in its worse slump since 1869 as inflation-adjusted yields turn sharply positive, says Deutsche Bank
▼ + stars: | 2022-11-01 | by ( Brian Evans | ) www.businessinsider.com time to read: +2 min

Gold prices are down for seven consecutive months, the longest decline since 1869, according to Deutsche Bank. The fall in gold prices is happening as real bond yields have turned sharply higher. But Deutsche Bank analysts also noted that such a losing streak hasn't been seen in the half century that followed the US coming off the gold standard, ending the Bretton Woods currency exchange regime. Meanwhile inflation-adjusted bond yields have turned sharply higher amid aggressive rate hikes from the Federal Reserve and other central banks. Gold, however, has still outperformed most other notable assets despite the sharp decline this year, according to Deutsche Bank research strategist Jim Reid.

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☆ Elon Musk says Tesla has delivered fewer cars in Q3 than it made because 'there weren't enough' trains, carriers, and boats to transport them
▼ + stars: | 2022-10-20 | by ( Stephen Jones | Beatrice Nolan | Tim Levin | ) www.businessinsider.com time to read: +2 min

Elon Musk said a shortage of carriers, trains, and boats affected Tesla's ability to deliver vehicles. Musk made the comments during an investor's results call on Wednesday. "There weren't enough boats, there weren't enough trains there weren't enough car carriers," Musk told investors in results call on Wednesday. Musk said that Tesla is working to "smooth out its deliveries" to avoid having a "crazy delivery wave" at the end of each quarter. Musk told investors the company had "excellent demand for Q4" and expected to sell every car they made.

☆ Goldman Sachs predicts how gold will perform in different economic scenarios
▼ + stars: | 2022-10-19 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

However, Goldman said there remains uncertainty ahead for gold prices. "In our view, there remains a lot of uncertainty around the future path of US inflation, growth, rates and the central bank (CB)'s reaction functions." As such, the investment bank has therefore run four economic scenarios, and predicted where gold prices could end up in each case. A recession with substantial rate cuts (30% probability): Gold prices spike to $2,250 per ounce – around 35% rally from Tuesday's price. Higher inflation, more hikes (20% probability): Gold prices could fall to $1,500 per ounce – around 9% drop from Tuesday's price.

☆ 'Dr. Doom' Nouriel Roubini warns the world economy is in danger - as he predicts an imminent US recession plus more pain for stocks
▼ + stars: | 2022-10-14 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Economics professor Nouriel Roubini warned the global economy faces a stagflationary debt crisis. Roubini, known as "Dr Doom", predicted an imminent US recession and more pressure on stocks and bonds. Roubini, an economics professor at NYU Stern, is nicknamed "Dr. Doom" for his dire predictions. As a result, Roubini expects a full-blown domestic recession by the end of this year. He emphasized that private and public debt, as a share of global GDP, has soared from 200% in 1999 to 350% today.

☆ The market for EV tech is revving up — and it's a good time to cash in on these stocks, Citi says
▼ + stars: | 2022-10-13 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Fuel cells could be the next big technology to power electric vehicles — Citi is naming it one of the 10 fastest-growing markets in industrial tech. Fuel cells use hydrogen or other fuels to cleanly produce electricity. Citi estimated the fuel cell market could grow from around $2.5 billion in 2021 to $43 billion by 2030. A 'hidden' EV battery play Morgan Stanley flagged one stock that it says is a "hidden EV battery play." Morgan Stanley also pointed to the firm's healthy balance sheet and cash resources, saying the EV battery recycling industry could give it further upside.

☆ U.S. dollar rises, yen not far from 24-year trough that prompted intervention
▼ + stars: | 2022-10-11 | by ( Gertrude Chavez-Dreyfuss | ) www.reuters.com time to read: +4 min

"I can see it propelling the dollar higher still, even though people think it's a crowded trade. Overall, dollar sentiment remained positive as worries about rising interest rates and geopolitical tensions unsettled investors, while the yen hovered near the level that prompted last month's intervention. In afternoon trading, the U.S. dollar index rose 0.2% to 113.25, not far from a 20-year high of 114.78 it touched late last month. The dollar touched a three-week high against the yen of 145.895 , just shy of the 24-year peak of 145.90 hit before the Japanese government stepped in to prop it up three weeks ago. Meanwhile, the risk-sensitive Australian dollar hit a 2-1/2-year low of $0.6248 and was last down 0.4% at US$0.6270.

☆ The electric vehicle boom depends on mining. Rivian's new chief sustainability officer is tasked with making it responsible.
▼ + stars: | 2022-09-28 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +4 min

Demand for metals like lithium and cobalt could jump sixfold alongside the electric vehicle boom. Rivian hired Anisa Kamadoli Costa to lead its climate strategy, including responsible mining. But that doesn't mean electric vehicle makers don't have their own set of climate and social challenges. "Traceability is the best means to transparency and to understanding one's social and environmental impact," Costa said during an Insider event moderated by Catherine Boudreau, senior sustainability reporter. Costa helped craft such a standard during her two decades as Tiffany & Co.'s chief sustainability officer.

☆ The curious case of falling gold prices
▼ + stars: | 2022-09-23 | by ( Julia Horowitz | Cnn Business | ) edition.cnn.com time to read: +7 min

But gold prices haven't surged. "Investors don't have much appetite to hold gold in the current environment," Warren Patterson, head of commodities strategy at ING, told me. Breaking it down: Gold prices skyrocketed in early March as fears about the consequences of Russia's invasion of Ukraine mounted. A stronger currency makes it more expensive for foreign investors to buy in, and can reduce demand, pushing down prices. In the meantime, Costco plans to leverage its size to stay competitive on prices and keep growing sales.

☆ Premarket stocks: The curious case of falling gold prices
▼ + stars: | 2022-09-23 | by ( Julia Horowitz | ) edition.cnn.com time to read: +7 min

But gold prices haven’t surged. “Investors don’t have much appetite to hold gold in the current environment,” Warren Patterson, head of commodities strategy at ING, told me. Breaking it down: Gold prices skyrocketed in early March as fears about the consequences of Russia’s invasion of Ukraine mounted. A stronger currency makes it more expensive for foreign investors to buy in, and can reduce demand, pushing down prices. In the meantime, Costco plans to leverage its size to stay competitive on prices and keep growing sales.

☆ Investors dump global bond and equity funds in the week ended Sep.21
▼ + stars: | 2022-09-23 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Dado Ruvic/IllustrationSept 23 (Reuters) - Investors withdrew money from global bond and equity funds in the week ended September 21, with caution creeping in ahead of the U.S. Federal Reserve meeting in which further rate hikes were expected to tame soaring inflation. Investors exited a net $7.32 billion of global bond funds, marking their biggest weekly net selling since Aug. 31, data from Refinitiv Lipper showed. Global short- and medium-term bond funds saw their biggest weekly outflow in 11 weeks, amounting to a net $4.98 billion, while investors also exited a net $3.29 billion in high yield funds. Global bond fund flows in the week ended Sept. 21Meanwhile, global equity funds witnessed disposals worth $1.86 billion in a fifth straight week of net selling. An analysis of 24,559 emerging market funds showed investors sold $2.39 billion worth of equity funds, marking a 10th weekly outflow in a row, while also exiting $2.78 billion worth of bond funds.

☆ Alex Jones' billion-dollar judgement: The conspiracy theorist has turned career-ending setbacks into profit windfalls, but this could be too much to overcome
▼ + stars: | 2022-09-22 | by ( Ashley Collman | Tom Porter | ) www.businessinsider.com time to read: +22 min

Robbie Parker was later falsely called a crisis actor, and the Parkers are among those who sued Alex Jones for defamation. Longtime informal adviser to Donald Trump, Roger Stone (right), and and Alex Jones (left) speak to reporters in December 2018. Picture showing a computer screen displaying the Twitter account of Far-right conspiracy theorist Alex Jones taken on August 15, 2018 in Washington DC. "Alex Jones is likely to continue being Alex Jones, which means he's likely to try all kinds of shenanigans to avoid accountability," said Holt. "The money awarded in damages does not repair what Alex Jones has done to those parents' lives, but it could be a step towards dismantling the toxic empire that Alex Jones has built around his brand."

☆ Web3 is in chaos and metaverses are in their own walled gardens, says Randi Zuckerberg
▼ + stars: | 2022-08-18 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +3 min

The sister of Meta CEO Mark Zuckerberg was speaking at the Global Supertrends Conference 2022 on Wednesday. The Web3 is a hypothetical, future version of the internet based on blockchain technology — an "ideal utopia," said Zuckerberg. "In order to really unlock the potential [of Web3], we're going to need to figure out a system where there's interoperability. Going mainstreamHowever, according to Zuckerberg, that's easier said than done because no company running a metaverse right now wants to give up control or "share that ownership." She added that Web3 needs experts who have been involved in the global banking system and Web2 — the internet that we know today — to lend a "protective layer."

☆ How to take advantage of rising interest rates
▼ + stars: | 2022-07-27 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +10 min

Here are a few ways to situate your money so that you can benefit from rising rates, and protect yourself from their downside. Otherwise, any remaining balance will be subject to a new interest rate that could be higher than you had before if rates continue to rise. Home loans: Lock in fixed rates nowMortgage rates have been rising over the past year. That said, “don’t jump into a large purchase that isn’t right for you just because interest rates might go up. Bonds: Go shortTo the extent you already own bonds, the prices on your bonds will fall in a rising rate environment.

☆ Earnings playbook: The investing game plan as Apple and Alphabet lead the busiest week of the season
▼ + stars: | 2022-07-24 | by ( Fred Imbert | ) www.cnbc.com time to read: +20 min

Tuesday Coca-Cola is set to report earnings before the bell, followed by a conference call at 8:30 a.m. Chipotle is scheduled to report earnings after the close, followed by a conference call at 4:30 p.m. Meta is set to report earnings after the close, followed by a conference call at 5 p.m. Thursday Amazon is set to report earnings after the bell, with management slated to hold a conference call at 5:30 p.m. Friday Procter & Gamble will report earnings before the bell, followed by a conference call at 9 a.m.

☆ Here's why bitcoin boomed in 2016
▼ + stars: | 2016-12-28 | by ( Insider Intelligence | ) www.businessinsider.com time to read: +6 min

According to Bitcoin, the cryptocurrency saw an annual gain of 54% in 2016, outperforming all fiat currencies, most of which stumbled this year. Blockchain technology, which is best known for powering Bitcoin and other cryptocurrencies, is gaining steam among finance firms because of its potential to streamline processes and increase efficiency. As a result, venture capital firms and financial institutions alike are pouring investment into finding, developing, and testing blockchain use cases. Banks and major financial institutions are working both collaboratively and independently to develop blockchain tech. Over 50 major financial institutions are involved with collaborative blockchain startups, like R3 CEV or Chain.

Persons: it's, Bitcoin, Dow Jones, It's, Trump, Jaime Toplin, Banks Organizations: Nasdaq, Lisk, That's, Insider Intelligence, Business, Aite, CEV Locations: London, US, Santander, blockchain

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