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Micron touts HBM3E as an essential component to move the needle forward on AI advancement, and so far, analysts agree. Mosesmann's buy rating and $140 per share price target represents 50% upside from Friday's close. The analyst maintains an outperform rating on Micron stock as well as a $120 per share price target, which equates to roughly 29% upside. The firm maintains a buy rating on Micron coupled with a $112 per share price target, more than 20% above the previous close. The analysts raised his price target to $150 from $95, calling for about 61% upside moving forward.
Persons: Rosenblatt, Hans Mosesmann, Mosesmann's, TD Cowen, Krish Sankar, Mehdi Hosseini, Citi's Christopher Danely, Danely Organizations: Micron Technology, Nvidia, GTC Conference, Micro, Analysts, Micron, MU, AMD
After 16 months of planning, Rosenkranz chartered the widebody jet from Delta to transport 112 friends and family. Rosenkranz told BI he got the idea in October 2022 because many of his coworkers' retirements were disrupted by the pandemic. Related storiesHe told BI it cost him "a good year's salary," but added: "You can't put a price on something that was that big. Rosenkranz told BI he was only the second pilot in nine years to receive the honor. Courtesy of Keith RosenkranzRosenkranz told BI how he writes back to readers who become inspired to join the military.
Persons: , Keith Rosenkranz, that's, Rosenkranz, harter, ike, ake, orth, lew, ulf W, ade, ince Organizations: Service, Los Angeles International Airport, Delta Air Lines, LAX, Business, Airbus, Aviation, ust, ince Locations: Delta, ife
But I let my money sit in the non-bearing cash account for two years. The author started investing her HSA money in 2024. That number looks very different if I chose to leave the money in the cash account for those 26 years: It would amount to about $112,000. Touching the HSA money also cost me. Now that I've spoken with Weiss, I'm building my cash balance up to the one-year deductible amount before I invest more.
Persons: , they're maxing, Brent Weiss, That's, Weiss, Kathleen Elkins ​ ​, me Organizations: Service, Business, Vanguard
During the interview, Naim rejected defining Hamas’ attacks as terrorism, falsely claiming that his organization does not target civilians. Hamas has denied international organizations any access to those hostages still in captivity to assess their wellbeing. While Naim denied the allegations of sexual violence, he said Hamas was unable to account for the wellbeing of the hostages because of the continued bombardment of Gaza. In recent weeks, many civilians in Gaza have increasingly blamed Hamas for the mounting starvation. This year, it comes against the backdrop of the ongoing war in Gaza, Israeli crackdowns on Palestinian militant groups in the occupied West Bank and Hamas’ calls for more attacks.
Persons: Jerusalem CNN —, , , Basem Naim, Naim, Israel, Pramila Patten, ” Naim, hasn’t, ” Patten’s, Netanyahu’s, West Bank “, Ramadan, CNN’s Alex Marquardt Organizations: Jerusalem CNN, CNN, United, Hamas, Israel, United Nations, UN, Hamas ’, Reuters, , Gaza, West Bank Locations: Jerusalem, Gaza, United Nations, Istanbul, Turkey, Israel, Hamas, Doha, Qatar, Aqsa
Learn moreTaylor Swift's reign continues as she ramps up for the next leg of The Eras Tour. If you're hoping to attend, we've compiled all of the details of The Eras Tour, including how to get Taylor Swift tour tickets. Below, we've put together a guide on everything to know about The Eras Tour, including the tour schedule, ticket purchasing details, resale ticket prices, and the concert film streaming options. On Vivid Seats, the cheapest Taylor Swift tickets on these dates start at $1,133 and $2,212, respectively. Check out everything you need to know about streaming The Eras Tour concert film in our guide.
Persons: Taylor, she'll, we've, Taylor Swift, Swift, Paramore, Gracie Abrams Organizations: Business, Canada, Poets Department, Ticketmaster, Miami, Vancouver ., Swift, Disney Locations: Paris, North America, London, France, Stockholm, Sweden, Lisbon, Portugal, Madrid, Spain, Lyon, Edinburgh, United Kingdom, Liverpool, Cardiff, Dublin, Ireland, Amsterdam, Netherlands, Zurich, Switzerland, Milan, Italy, Gelsenkirchen, Germany, Hamburg, Munich, Warsaw, Poland, Vienna, Austria, Miami, New Orleans, Indianapolis, Canada, Toronto, Vancouver, LA, Miami , Florida
Adobe — Shares slipped 15% after the software company issued weak revenue guidance for its current quarter. Revenue guidance came out in the range between $110.5 million and $112.5 million, also below the $113.4 million expectation from analysts. Smartsheet — The business software provider retreated by 3.2% after posting revenue guidance that was worse than analysts expected. Ulta Beauty — Shares edged lower by 5.3% after the beauty products retailer posted disappointing full-year earnings guidance. Steel Dynamics — Shares of the Indiana-based steelmaker rose more than 2% after strong earnings guidance for the first quarter.
Persons: Geron, Piper Sandler, Jabil, PagerDuty, Smartsheet, Ulta, Stocks, cryptocurrencies, bitcoin, MicroStrategy, Cardlytics, , Alex Harring, Jesse Pound, Lisa Kailai Han, Michelle Fox Theobald Organizations: Geron, U.S, Food, Drug Administration, Micron Technology, Citi, Micron, Adobe, FactSet, Marathon, Steel, Steel Dynamics, Wall Street Locations: Indiana
Check out the companies making the biggest moves in premarket trading: Rivian Automotive — The EV stock added nearly 4% following an upgrade by Piper Sandler to overweight . Adobe — Shares fell 11% a day after the software company issued weak revenue guidance for its current quarter. Ulta Beauty — Shares tumbled 6.5% a day after the beauty retailer issued full-year earnings guidance that came in on the low end of the consensus forecast. Revenue guidance is in the range of $110.5 million and $112.5 million also below the $113.4 million analyst expectation. Revenue guidance also fell short.
Persons: Piper Sandler, Alexander Potter, Ulta, bitcoin, amortization, Zumiez, , Sarah Min Organizations: Micron Technology, Citi, Micron, Adobe Locations: cryptocurrencies, FactSet
Disney is at war with activist investor Nelson Peltz, who's seeking two board seats. The media giant deployed Pinocchio in an investor presentation to accuse Peltz of falsehoods. AdvertisementDisney is fending off an activist campaign from billionaire investor Nelson Peltz and his Trian Partners firm. It wants Disney shareholders to vote Peltz and another nominee onto the board, instead of two Disney directors seeking re-election. Peltz filed a letter to Disney shareholders this week titled "Shareholders Can't Afford Another Boom and Bust Sequel."
Persons: Nelson Peltz, Peltz, Disney's, , Trian, Disney, It's, that's, Bob Iger, he's, it's, Trian didn't Organizations: Disney, Service, Trian Partners, SEC, Netflix, Business Locations: Florida
America's surging pile of debt means investors should focus on tax-saving investment strategies, according to Bank of America. The US government has two options to tackle its debt pile: either raise taxes or accept higher inflation. Bank of America offers five investment strategies to save on taxes. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAmerica's fast-growing pile of debt suggests investors should start to focus on tax-efficient investment strategies, according to Bank of America.
Persons: Organizations: Bank of America, Service, Business
After 65, you can use your HSA money to cover any expense without incurring a penalty, but the funds are subject to income tax. I happily used my HSA money to cover the $1,075 bill. An even smarter move would have been to invest my HSA funds (which I eventually did) and not touch them until age 65. I was relieved when Weiss told me that he also invests his HSA money in a retirement date fund. I asked about how often I should be transferring money from my cash account, where my HSA funds land automatically, to my investment account.
Persons: I've, Brent Weiss, Roth IRAs, HSAs, It's, Weiss, Max, don't, Kathleen Elkins, , I'm Organizations: Business, Vanguard, IRS Locations: That's, Epsom
Tech firms and Silicon Valley billionaires have been pouring money into nuclear energy for years, pitching the sustainable power source as crucial to the green transition. While generative AI has grown at lightning speed, nuclear power projects are heavily regulated and usually advance at a plodding pace. That's raising questions about whether advances in nuclear energy can cut emissions as swiftly as energy-guzzling AI and other fast-growing technologies are adding to them. The nuclear power industry hasn't meaningfully expanded its share of the U.S. energy mix for decades. By one estimate, up to 800 gigawatts of new nuclear power will be needed by 2050 to meet current green energy targets.
Persons: Sarah Myers West, Myers, Sam Altman, OpenAI, Altman, Jacob DeWitte, Oklo, hadn't, You've, DeWitte, Oklo's Organizations: Silicon, CNBC, Helion Energy, Microsoft, federal Nuclear Regulatory Commission, Air Force, NRC, Idaho National Laboratory, Energy Department, Pew Research Locations: Idaho, Ohio, United States, Alaska, U.S, Ukraine, Fukushima, Japan
The company's long-term goal, as part of Foot Locker's "Lace Up" turnaround plan, is to achieve $350 million in operating cost savings. Digital sales now represent nearly 20% of Foot Locker's total sales, Dillon said on the call. Still, the bright spots were not enough to block out the sting from Foot Locker's guidance. By store, in North America, same-store-sales were up 4.8% at Foot Locker and 6.9% at Kids Foot Locker. A Foot Locker store near the Times Square neighborhood of New York, US, on Monday, Nov. 13, 2023.
Persons: Locker, , Mary Dillon, Dillon, we've, Foot, FactSet, Jim Cramer's, Jim Cramer, Jim, Bing Guan Organizations: Nike, Revenue, SG, Wall Street, CNBC, Bloomberg, Getty Locations: North America, , Middle East, Africa, Asia, Pacific, New York
Former CFO Allen Weisselberg leaves the courtroom for a lunch recess during a trial at the New York Supreme Court on November 17, 2022 in New York City. Former Trump Organization chief financial officer Allen Weisselberg is expected to plead guilty to perjury charges on Monday related to the testimony he gave in the New York civil fraud trial of Donald Trump and his company, NBC News reported. An attorney for Weisselberg and spokespeople for the DA's office did not immediately reply to CNBC's request for comment. The New York Times reported in early February that Weisselberg was in negotiations to plead guilty to lying on the witness stand in the Trump business fraud lawsuit brought by New York Attorney General Letitia James. Weisselberg has already pleaded guilty once in connection with his work for the Trump Organization.
Persons: Allen Weisselberg, Donald Trump, Weisselberg, Trump, Letitia James ., Arthur Engoron Organizations: New York Supreme, Former Trump Organization, NBC News, Manhattan District, NBC, Weisselberg, New York Times, New York, Letitia James . Manhattan, Times, Trump Organization, Manhattan Locations: New York City, New York
The White House said this was the first of many airdrops to come. Parachutes with food parcels attached descended into the territory from around 3 p.m. to 5 p.m. local time, US Central Command (CENTCOM) said on its website. AdvertisementWhile humanitarian agencies have criticized the Biden administration for the airdrops, saying they are inadequate, White House spokesperson John Kirby said it was the first of many airdrops to come. AdvertisementJordanian army airdrops humanitarian aid in the northern Gaza Strip. "There's a framework deal," a senior White House official told reporters on Saturday.
Persons: , CENTCOM, Biden, John Kirby, Kirby, Joe Biden, Abo, Axios, Abed Zagout Organizations: Service, US Central Command, AFP, Getty, Royal Jordanian Air Force, Abo Alkas, White House, Getty Images Locations: Gaza, Cairo, Israel, Anadolu, Gaza City, KHATIB, AFP
In a January 13 press conference, Israeli Prime Minister Benjamin Netanyahu boasted about permitting “minimal humanitarian aid” to enter Gaza. “We provide minimal humanitarian aid,” Netanyahu said. Other trucks carrying dates have been allowed into Gaza, according to UN data. Over 1,000 children have undergone leg amputations in Gaza, according to UNICEF, some without anesthesia. “An Israeli tank missile hit her when she was on the sixth floor of our building,” Bseiso told CNN.
Persons: Jordan, Joe Biden, Tamim al, Chris Murphy, Abed Zagout, , , ” COGAT, COGAT, Benjamin Netanyahu, ” Netanyahu, Israel, Clodagh Kilcoyne, “ I’ve, Janti Soeripto, we’ve, ” Soeripto, Chris Van Hollen, Jeff Merkley, ” Van Hollen, they’d, Van Hollen, ” Tania Hary, GISHA, Ahed Bseiso, Hani Bseiso, ” Bseiso, ” Ahed, Bseiso, Ghassan Abu, Sittah, ” Abu, Dr Ghassan Abu, Alex Platt, Um Adel, Khan Younis, Jamie McGoldrick, Marwan al, Mary Rogers Organizations: Jordan —, CNN, United Nations Children's Fund, UNICEF, Getty, Children, UN, , Bseiso Medicines, World Health Organization, Jordanian Hashemite Charity Organization Locations: Gaza, Gaza City, Thani, , Anadolu, Arish, Rafah, Gazan, there’s, Territories, COGAT, ” Israel, Israel, Egypt, Nitzana, Palestinian, London, Abu, British, Khan, Jordanian, Jordan, Al
Business Insider reached out to Rowley and Carnival Cruise Line for comment. Cruise ship workers told BBC Three in 2022 that while most passengers are considerate, "about 5% can be a nightmare." "It isn't the intention of the cruise line to keep guests here for any great period of time." A former cruise ship security officer told Le Teace that assault or murder are reasons for a passenger being locked in the brig. Carnival Cruise Line and the Cruise Line International Association did not return BI's requests for comment.
Persons: , it's, Theresa Rowley, Rowley, she'd, there's, Emma Le Teace, Emma Cruises, you'll, Le Teace Organizations: Service, Business, Carnival Cruise, BBC, FBI, US Department of Transportation, Cruise, Cruise Line International Locations: Rowley, Miami
People mourn following an early morning incident when residents rushed toward aid trucks in Gaza City on February 29, 2024. At least 112 people were killed and more than 280 wounded in the incident near Gaza City, Palestinian health officials said, as the death toll in nearly five months of war passed 30,000. In the first, he said aid trucks were surrounded by hundreds of people and, in the confusion, dozens were injured or killed, by being trampled or run over. As the trucks left, he said, some of those who had rushed the convoy approached Israeli forces including a tank, which then opened fire. He said he did not believe the death toll provided by the Palestinian authorities but provided no Israeli estimate, saying: "It was a limited response."
Persons: Mahmoud Abbas Locations: Gaza City, Gaza, Israel, Al
Donald Trump offered to post a $100 million bond as he appeals his fraud trial loss. The judgment against him, the Trump Organization, and other executives stands at $454 million. That would be a 78% discount on the $454 million judgment Trump, his company, and others owe after his court loss. Trump could put up the money in cash, or he could obtain a bond through a licensed bond company and offer some of his own assets as collateral. A recent Bloomberg analysis found that Trump had about $600 million in combined liquid assets, which includes cash and stocks.
Persons: Donald Trump, , he's, general's, Trump, Arthur Engoron, Engoron, Letitia James, Jean Carroll, Mark Zauderer, New York litigator, Dorf, Zauderer Organizations: Trump Organization, Service, New, Trump, The New York Times, Bloomberg, Truth Locations: New York, Manhattan
Attorneys for Donald Trump on Wednesday said the former president and his co-defendants plan to post a $100 million bond to pause enforcement of their civil fraud judgment — though that is just a fraction of the total amount that they have been ordered to pay. To secure a "complete" appeal bond — which could cost more than $550 million — would be "impossible," the defense lawyers wrote in a court filing to the appellate division of Manhattan Supreme Court. Engoron ordered the defendants to pay a total of $464.6 million in fines and interest. Trump's total was more than $454 million, which includes more than $98 million in pre-judgment interest. In this case, the bond could be worth upwards of $550 million.
Persons: Donald Trump, Trump, Letitia James, James, Arthur Engoron's, Engoron Organizations: New York, Court, Manhattan Supreme, Trump Locations: New York City, Manhattan, New York
Read previewNEW YORK (AP) — Donald Trump has appealed his $454 million New York civil fraud judgment, challenging a judge's finding that Trump lied about his wealth as he grew the real estate empire that launched him to stardom and the presidency. Trump's lawyers wrote in court papers that they're asking the appeals court to decide whether Engoron "committed errors of law and/or fact" and whether he abused his discretion and/or his jurisdiction. Among other penalties, the judge put strict limitations on the ability of Trump's company, the Trump Organization, to do business. Engoron ordered Trump to pay $355 million in penalties, but with interest the total has grown to nearly $454 million. If Trump is unsuccessful at the Appellate Division, he can ask the state's highest court, the Court of Appeals, to consider taking his case.
Persons: , — Donald Trump, Trump, Arthur Engoron's, Letitia James, Engoron, Eric, Donald Trump Jr, schemed, Engoron's, Trump's, Christopher Kise, untethered, Alina Habba, Habba, Arthur Engoron, Shannon Stapleton, James, Democrat Joe Biden, Stormy Daniels, E, Jean Carroll, defaming, Carroll Organizations: Service, Business, Trump Organization, Trump, ABC, . New, Reuters, Division, D.C, Democrat Locations: York, New York, Engoron's, Georgia, Washington, Florida, Manhattan
Some workers at The Boring Company experienced injuries including chemical burns, Bloomberg reported. AdvertisementSome workers at The Boring Company have dealt with chemical burns and close-call accidents during the construction of the Las Vegas tunnel system, according to a recent report from Bloomberg. Bloomberg reported that OSHA fined The Boring Company $112,504 last fall after it found eight "serious" violations. A spokesperson from The Boring Company did not respond to requests for comment from Business Insider or Bloomberg. The Las Vegas tunnel is used to ferry people back and forth on Teslas from the Las Vegas Convention Center to other nearby attractions.
Persons: , Musk Organizations: The Boring Company, Bloomberg, OSHA, Boring, Service, The, Company, Las, Conventions, Resorts, Occupational Safety, Health Administration, The Boring, Business, Las Vegas Convention, SpaceX Locations: Las Vegas, Hawthorne , California, Vegas
With 47 tour stops in the 31-city line-up, we've put together a guide on how to get Bad Bunny tickets for the best prices. In addition to the titular "Nadie Sabe," Bad Bunny is expected to perform chart-toppers "Monaco" and "Perro Negro." How to buy tickets for Bad Bunny 2024 concert tourYou can purchase original tickets to Bad Bunny's Most Wanted Tour on Ticketmaster. Bad Bunny Tickets are also available through resale websites like StubHub and Vivid Seats, which have more variety in pricing. How much are Bad Bunny tickets?
Persons: we've, Bad Bunny, Nadie, Perro Negro, We've, Bunny, Bunny hasn't, Diplo, StubHub Organizations: Business, San, Kansas City, KY, FL, Bad, Ticketmaster, Vivid Locations: Utah, Salt Lake City , Utah, North America, Miami, Phoenix, AZ, San Francisco, Sacramento, Portland, Seattle, WA, Los Angeles, CA, Denver, Minneapolis, Kansas, Chicago, Toronto, ON, Canada, Detroit, MI, Washington, Brooklyn, NY, Boston, Philadelphia, Hartford, Louisville, Tulsa, Austin, Houston, Dallas, Orleans, LA, Charlotte, NC, Nashville, TN, Atlanta, Orlando, Tampa, Brooklyn , NY, KY
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The amount includes a $354 million penalty plus nearly $100 million in pre-judgment interest. A spokesperson for Attorney General Letitia James confirmed to the AP that Trump will begin accruing interest of $111,984 per day. Per the AP, this interest amount considers both the penalty and the pre-judgment interest — not just the penalty — meaning Trump will owe more interest than the $87,502 per day previously thought.
Persons: , Donald Trump, Judge Arthur Engoron, Letitia James, Engoron, Trump, James, Allen Weisselberg, Bernard Madoff Organizations: Service, Trump, Associated Press, AP, New, Trump Organization Locations: New York, Manhattan
Cord-cutters rejoice: Normally, watching an awards show involves subscribing to a live TV service (or remembering which of your email addresses you haven’t already used for a free trial). But on Saturday, for the first time, Netflix will be streaming the annual Screen Actors Guild Awards, potentially bringing them to a much wider audience. The 15 awards, which are voted on by actors and other performers who belong to the SAG-AFTRA union, honor the best film and television performances from the past year. They can be a bellwether for the Oscars, happening this year on March 10. (Since 1996, 83 of the 112 stars and films that won Oscars for best picture or acting first won a SAG Award.)
Persons: , — “ Oppenheimer, ” Christopher Nolan’s, “ Barbie, Greta Gerwig’s Organizations: Netflix, SAG, Mattel
In an interview with NBC News, Paul Carpenter said he was hired to create the audio by Steve Kramer, a campaign specialist recently paid over $100,000 by long shot Democratic presidential candidate Rep. Dean Phillips' campaign. Around the time of their collaboration, in January, Federal Election Commission records show that Phillips' campaign paid Kramer $112,353 for "NEW YORK BALLOT ACCESS 2ND PAYMENT" and more than $17,000 for similar work in Pennsylvania. AdvertisementDespite having paid Kramer for campaign services, Phillips' campaign press secretary, Katie Dolan, said the trailing campaign did not ask for the Biden audio to be produced. Phillips' campaign didn't appear to receive much of a boost — if any — from the fraudulent robocall scam. After weeks of campaigning, Biden trounced him in New Hampshire's Democratic primary via a write-in campaign.
Persons: he's, Joe Biden's, Paul Carpenter, Steve Kramer, Dean Phillips, Carpenter, Kramer's, , Kramer, Phillips, Biden, Katie Dolan Organizations: Democratic, NBC News, Business, NBC, Commission, New, Federal Communications Commission, Telephone Consumer Locations: New Orleans, New Hampshire, Pennsylvania
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