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☆ Switzerland says UBS may need more cash. The bank is fuming
▼ + stars: | 2024-04-24 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

Now, the giant Swiss lender is hitting back, saying its finances are robust and warning that the proposal could harm Switzerland’s standing as a global financial center. “There can be no regulatory solution for a broken business model,” he continued, referring to Credit Suisse. UBS bought its stricken rival last March in a government-orchestrated rescue aimed at preventing a global financial crisis. It was not too-low capital requirements that forced Credit Suisse into the historic weekend rescue,” he added. But that leaves the stock more vulnerable to declines as a result of “execution risk in the Credit Suisse integration,” suggested Citi analyst Andrew Coombs.

Persons: London CNN —, Colm Kelleher, “, ”, Kelleher, Pascal Mora, Karin Keller, Keller Sutter, Anke, Andrew Coombs, ” Kelleher, Sergio Ermotti’s, Ermotti Organizations: London CNN, Credit Suisse, UBS, Bloomberg, Getty, RBC Capital Markets, Citi, Reuters Locations: Swiss, Switzerland, Europe

☆ Jack Dorsey’s payments company, Block, is building its own bitcoin mining system
▼ + stars: | 2024-04-23 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +3 min

Jack Dorsey says that his payments company, Block (formerly Square), is expanding its bitcoin mining ambitions from designing chips to developing a full bitcoin mining system. "Building on these insights and pursuant to our goal of supporting mining decentralization, we plan to offer both a standalone mining chip as well as a full mining system of our own design." "Mining isn't accessible to everyone," Dorsey wrote when Block first entered the business of building mining hardware in 2021. "Bitcoin mining should be as easy as plugging a rig into a power source. The company was light on the details in this latest announcement, but Dorsey posted in 2021 that the company was considering a "bitcoin mining system based on custom silicon."

Persons: Jack Dorsey, We've, Dorsey, Block, Thomas Templeton Organizations: Mining Locations: China, Kenya, Malawi, Zambia

☆ How Amazon won over skeptical advertisers to get Prime Video off to a strong start
▼ + stars: | 2024-04-23 | by ( Lucia Moses | Lauren Johnson | ) www.businessinsider.com time to read: +5 min

Amazon is also staffing up for Prime Video sales teams, recently hiring ad veteran and former NBCUniversal sales exec Krishnan Bhatia as VP of global video advertising for Amazon Ads. Advertisers' initial reaction to Prime Video ads was mixedAdvertisers reacted with a mix of excitement and skepticism when Prime Video entered the TV ad market last year. Amazon estimated Prime Video ads would reach 115 million monthly viewers in the US. AdvertisementBut the skepticism was short-lived as Amazon set Prime Video up for success in several ways. Amazon will also have to start regularly sharing data showing advertisers how many people are actually watching Prime Video and for how long.

Persons: —, Krishnan Bhatia, Amazon, It's Organizations: Service, Business, YouTube, Hulu, Amazon, Comcast, Disney, Etihad, Best, Samsung's, Prime, Amazon Ads, Netflix, Street Journal

☆ The Pentagon is 'not really' worried about China's new H-20 stealth bomber, defense official says
▼ + stars: | 2024-04-23 | by ( Ella Sherman | ) www.businessinsider.com time to read: +4 min

A US defense official downplayed the threat of China's new Xi'an H-20 bomber. AdvertisementChina's new bomber, the Xi'an H-20, is intended to rival America's new stealth bomber, but a US defense official told reporters on Monday it's "not really" a concern. A B-2 Spirit takes off for Red Flag-Nellis 24-1 training at Nellis Air Force Base on Jan. 16. A former US Air Force commander said previously that it wasn't "anything to lose a lot of sleep over." The Pentagon unveiled a new stealth bomber in 2022 that is currently in production and will eventually replace B-1 and B-2 fleets.

Persons: —, it's, William Lewis, It's, Wang Wei, David Swanson, Northrop Grumman Organizations: Service, Breaking Defense, Flag, Nellis, Nellis Air Force Base, US Air Force, Liberation Army Air Force, Hong, Hong Kong Commercial Daily, China Aviation Industry Corporation, Northrop, Air Force, United States Air, REUTERS, Pentagon Locations: Xi'an, Jan, China, Hong Kong, Palmdale , California, U.S

☆ 'We can save our planet faster': Robotics tech and software offer efficient reforestation solutions
▼ + stars: | 2024-04-23 | by ( Christine Macintyre | ) www.businessinsider.com time to read: +8 min

Companies are using drones and special software to plant trees and overcome reforestation pain points. Robotics making reforestation more efficientThe tech-driven company Mast Reforestation uses drones and biotechnology to help landowners restore forestland after wildfires. Another company using robotics to plant trees is Flash Forest, which employs automated drones to restore burn sites and other damaged forest areas. To combat this issue, Mast Reforestation uses its custom-built software as a seed-inventory and seed-collection logistics platform. The software helped Mast Reforestation collect enough seeds last year to reforest about 2,100 acres on Sheep Creek Ranch in Montana.

Persons: Matthew Aghai, Aghai, Grant Canary, they're, Chris Ireland, Flash, Randy Johns, Jeff Renton, Forest's Organizations: Service, Global Forest Watch, Forest, Ireland, Business, Flash, Boreal, Keewatin Community Development Association, Flash Forest Locations: forestland, Technology, —, Canada, Ireland, Keewatin, Canadian, Saskatchewan, Montana, , Montana

☆ Turkey may soon put its controversial Russian S-400 air defenses in operation
▼ + stars: | 2024-04-22 | by ( Paul Iddon | ) www.businessinsider.com time to read: +7 min

Turkey may deploy its Russian S-400 Triumf air defenses on the Iraqi border. Turkiye newspaper reported earlier this month that Turkey's S-400s may be deployed on the border, implying it will defend against drones allegedly acquired by the PKK. Since then, there has been no indication that Turkey's S-400s have been put into operation. "However, Turkey may use the potential threat of Iran-linked militia groups or PKK as a pretext to deploy S-400s." "Such a goal was unattainable and unrealistic given the extent of Turkey's integration into the NATO defense system," Ozeren said.

Persons: —, Hulusi Akar, Ali Bakir, Bakir, Suleyman Ozeren, Ozeren, Recep Tayyip Erdogan's, State Victoria Nuland Organizations: Service, Kurdistan Workers ' Party, PKK, Defense, Ibn Khaldon, Security Initiative, Business, Northern, American University, Orion Policy Institute, NATO, State Locations: Turkey, Russian, Israel, Iran, Iraqi Kurdistan, Ankara, Washington, Turkish, Qatar, Northern Iraq, Turkey's, Iraq, Moscow, Russia, NATO

☆ Bitcoin miners brace for impact as halving goes live
▼ + stars: | 2024-04-21 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +17 min

The technical event is relatively simple: Bitcoin miners get paid in bitcoin to validate transactions, and after 210,000 blocks of transactions are computed and added to the main chain, the reward given to the miners securing bitcoin is 'halved.' The aggregate market cap of the 14 U.S.-listed bitcoin miners tracked by JPMorgan analysts declined 28% over the first half of April to $14.2 billion, reaching year-to-date lows. Some have billed the 2024 bitcoin halving as a seminal moment for the mining sector. Marathon, along with other mining firms, has begun diversifying its business model into ancillary operations beyond purely bitcoin mining. Sullivan continued, "Bitcoin mining sites can only be repurposed if they meet the attributes that are required for HPC.

Persons: AUSTIN , TEXAS — Adam Sullivan, bitcoin, Sullivan, they'll, it's, Core's Sullivan, Bitdeer, Needham, Haris Basit, Basit, Cantor Fitzgerald, Greg Beard, Beard, Bitdeer's, Jason Les, Les, Fred Thiel, Capex, Thiel, Stronghold's Beard, Nic Carter, Blackrock, Bill Barhydt, Barhydt, Island's Carter isn't, Carter, CoinShares Organizations: bitcoin, CNBC, JPMorgan, Cipher, Bitdeer Technologies, Mining, Miners, Riot, Island Ventures, Circuits, Nvidia, CoreWeave, Bitcoin, HPC Locations: AUSTIN , TEXAS, Texas, bitcoin, U.S, Rockdale , Texas, Singapore, Bitcoin, Hong Kong, Abra, Europe, Dalton , Georgia, North America

☆ Buy these five stocks ahead of earnings before it's too late, Bank of America says
▼ + stars: | 2024-04-20 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

CNBC Pro combed through Bank of America research to find the firm's favorite buy-rated stocks ahead of company earnings. They include: CoStar Group, Fidelity National Information Services, Cisco, Home Depot and Adobe. Bank of America upgraded the stock to buy from neutral earlier this week, citing several positive catalysts. "A growth company buying a growth company," he said of the deal. Home Depot "A growth company buying a growth company.

Persons: Tal Liani, Liani, Robert Ohmes, Ohmes, Jason Kupferberg, Kupferberg Organizations: Bank of America, CNBC, Fidelity National Information Services, Cisco, Home, Adobe, Cisco Time, Home Depot, Fidelity National Information, FIS Locations: Bank, Atlanta, buybacks

☆ 3 reasons companies are investing in AI-powered PCs
▼ + stars: | 2024-04-18 | by ( Sponsor Post | ) www.businessinsider.com time to read: +7 min

Organizations and individuals who delay investing in the latest AI PCs risk falling behind in an increasingly competitive landscape where technological advancements are essential for staying innovative, collaborative, and secure. These AI PCs possess the ability to anticipate and comprehend user requirements, resulting in a highly personalized and responsive interaction. The new Latitude AI PCs can deliver up to 38% less power when running AI-enhanced collaboration features like Zoom.22. Content creators can save time by generating images 1.7 times faster with StabilityAI on their Dell AI PCs or Dell AI workstations with new Intel processors.33. Knowledge workers can optimize their Dell AI PCs by utilizing just 1% of CPU usage, effectively detecting malware with Crowdstrike4.

Persons: cyberattacks, Dell, Read, Forrester Organizations: Forrester, Processing, Dell, Intel, Dell Optimizer, Dell Technologies, Insider Studios, Forrester Consulting, Services Locations: NPU, Argentina, Chile, China, Colombia, Costa Rica, Guatemala, Hong Kong, Korea, Malaysia, Russia, South Africa, Taiwan, Ukraine, Venezuela, Vietnam, Thailand, Philippines

☆ Georgia presses on with Putin-style ‘foreign agent’ bill despite huge protests
▼ + stars: | 2024-04-18 | by ( Christian Edwards | Niamh Kennedy | ) edition.cnn.com time to read: +4 min

CNN —Georgia’s government is attempting to force through a controversial “foreign agent” law, despite international condemnation and huge protests from its citizens. Critics of the law say is it is a Kremlin-inspired effort to undermine democracy which will damage Georgia’s bid to join the European Union. The ruling Georgian Dream party first tried to pass the bill 13 months ago, but was forced into an embarrassing climbdown following a week of intense protests. Nearly 80% of Georgians support European integration, according to a poll conducted in December by the National Democratic Institute. Since Russia invaded Ukraine in February 2022, thousands of Russians – especially men of service age – have fled to Georgia to avoid conscription.

Persons: CNN —, ”, Vladimir Putin, Putin, ” Salome Zourabichvili, Zourabichvili, –, Irakli Gedenidze, ” Giorgi Bekurashvili Organizations: CNN, European Union, South Caucasus, “, Kremlin, EU, National Democratic Institute Locations: Soviet, Europe, United States, Tbilisi, Georgian, Russia, South, Russian, “ Russia, Georgia, Ukraine

☆ A US Navy amphibious warship returned home for repairs just 10 days after deploying
▼ + stars: | 2024-04-17 | by ( Rachel Nostrant | ) www.businessinsider.com time to read: +6 min

USS Boxer, a Wasp-class amphibious assault ship, is returning home just 10 days after deploying. "USS Boxer is returning to San Diego to undergo additional maintenance in support of its deployment in the Indo-Pacific region," Lt. Cmdr. "We're seeing some potential delays on [the amphibious assault ship USS Wasp]," Franchetti said. A spokesperson for Surface Force Atlantic told Military.com following the incident that "during the underway, the ship discovered an engineering irregularity" and "returned to port to effect repairs." The amphibious assault ship USS Boxer transits the East Sea during Exercise Ssang Yong 2016 March 8, 2016.

Persons: Boxer, —, Cmdr, Jesus Uranga, Military.com, Uranga, Craig Z, Adm, Lisa Franchetti, Franchetti, Bill Dodge, Yong, Seaman Craig Z, Konstantin Toropin Organizations: US Navy, Service, USNI News, Navy, Marine Corps, Boxer, Marines, 15th Marine Expeditionary Unit, USNI, Space, Maritime, USS Boxer, USS Boxer U.S . 5th, . Navy, Naval, Surface Force, REUTERS, U.S . Navy, Reuters, USS, Somerset Locations: San Diego, Boxer U.S, USS Boxer U.S, Norfolk, Virginia, Handout, USS Somerset, Somerset, India

☆ Unlocking health and life sciences' potential with cloud solutions
▼ + stars: | 2024-04-16 | by ( Sponsor Post | Created Insider Studios With | ) www.businessinsider.com time to read: +4 min

In today's digitally driven world, data has become the lifeblood of the healthcare and life sciences industry. However, the industry's complex data ecosystem, coupled with stringent regulations and privacy concerns, has historically hindered unlocking the full potential of data in healthcare and life sciences. The data dilemmaHealthcare and life sciences are data-rich domains, encompassing patient records, claims, genomic sequencing, wearable device data, medical imaging, and more. Moving to the cloudMoving data infrastructure to the cloud offers a compelling solution to many of the challenges faced by healthcare and life sciences organizations. Centralizing data in the cloud facilitates seamless access and collaboration between healthcare providers, payers, researchers, and life sciences organizations.

Organizations: Life Sciences, Insider Studios Locations: United States, Europe, Snowflake

☆ The US Army's power to rapidly defeat enemies may be a thing of the past
▼ + stars: | 2024-04-14 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

AdvertisementModern weapons have become so accurate and lethal that soon armies will not be able to maneuver rapidly on the battlefield. This would require multiple jammers to disrupt enemy drones, guided rockets, and communication systems. Without maneuver, war becomes a battle of attrition, like the First World War, or siege warfare as with the Union and Confederate armies in front of Richmond in 1864. Advertisement"The West is not prepared for this kind of war," Vershinin said. AdvertisementMichael Peck is a defense writer whose work has appeared in Forbes, Defense News, Foreign Policy magazine, and other publications.

Persons: —, Alex Vershinin, Vershinin, Anthony Sweeney, jammers, Vladimir Putin, Michael Peck Organizations: US Army, Army, Service, Storm, US, Britain's Royal United Services Institute, Patriot, Engineers, West, Union, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, Greece, lockstep, Russia, Confederate, Richmond, Stalingrad, Normandy, Forbes

☆ JPMorgan sees AI-enabled iPhones creating a 5G-like upgrade cycle. What a boom like that would mean for Apple stock
▼ + stars: | 2024-04-14 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

What will it take to get Apple stock and iPhone sales out of their slumps? Although details on Apple's AI offerings are limited, management's track record has shown that new innovative features to Apple's devices will improve the overall user experience. We expect to learn more about Apple's AI strategy during the company's annual Worldwide Developer Conference (WWDC) in June. Apple stock continued modestly higher on Friday — bucking a sharp sell-off in the overall market that was led by a major reversal in tech. The Club did sell some Apple, along with seven other big tech stocks, on the first trading day of the new year .

Persons: —, hasn't, Jim Cramer, Jim, Jim said, Tim Cook, Jim Cramer's, Christian Organizations: Apple, Wall Street, JPMorgan, Club, Developer Conference, Bloomberg, Justice, CNBC, Getty Locations: AAPL, China, U.S, Apple, Hamburg, Germany

☆ Snap offers as much as $500,000 in base salary to top Snapchat talent. Here's pay data on US jobs in engineering, sales, and more.
▼ + stars: | 2024-04-13 | by ( Ashley Rodriguez | Shriya Bhattacharya | ) www.businessinsider.com time to read: +27 min

Despite laying off full-time staff earlier this year, Snap has open roles in areas including engineering, sales, and marketing. On April 12, Snap had globally listed 142 open positions on its jobs board, including 88 openings in US cities. Related storiesMany of Snap's applications included annual salary ranges rather than a single salary for a given role. For example, Snap included a pay rate of $97,760 and $140,000 a year for one software engineer position. In cases where Snap submitted multiple applications for a particular job, such as a level III software engineer, we included the lowest and highest salary for the role as well as the median range.

Persons: Dan Whateley Organizations: Stars, Advertising Research Center, Business, US, of Foreign Labor, Department of Labor, Inc, Santa, Research, Data, Analytics, CRM Technology, Finance Technology, IT Corp Services, Learning, Partner, Engineering, Security Engineering, Software, Software Engineering, Oracle Systems, Assurance, iOS, Wireless Network, Global, Lens, Advisory Partners, Corporate, Corporate Finance, Strategic Locations: Santa Monica, Seattle, View, Palo Alto , New York, San Francisco

☆ Investors are getting it wrong about Apple — again, Bank of America says
▼ + stars: | 2024-04-11 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Investors are again underestimating Apple's gross profit margins, according to Bank of America. In actuality, the company exceeded those expectations, reporting 44% gross margins last year. Looking ahead, Mohan estimates that vertical integration and product mix could yield more than 100 basis points of upside to Apple's gross margins. He also estimates that Apple's utilization of its own internal modems could add 110 basis points to product gross margins and 160 basis points of iPhone gross margins. "Pricing is an additional level that Apple can employ to further increase gross margins."

Persons: Wamsi Mohan, Mohan, Samik Chatterjee Organizations: Bank of America, Apple, Products, Services, Bank of, JPMorgan, Cap Tech

☆ These are Goldman's top tactical stock picks going into earnings season
▼ + stars: | 2024-04-11 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Analysts expect the S & P 500 to have a year-over-year earnings growth rate of 3.2%, FactSet data shows. If that's the case, it would mark the third consecutive quarter of earnings growth. The reporting period could also be a good time for tactical opportunities in the stock market. The bank also expects these names to see sharp moves after posting earnings, based on what the options market shows. The options market implies a 4.1% move for Nasdaq on after the April 25 report is released.

Persons: Goldman Sachs, John Marshall, Goldman, Lizzie Dove, Per Goldman, Toshiya Hari Organizations: JPMorgan Chase, Citigroup, Royal Caribbean Cruises, Nasdaq, Semiconductor, Broadcom Locations: Wells, China, Asia

☆ Foxes were once humans’ best friends, study says
▼ + stars: | 2024-04-11 | by ( Mindy Weisberger | ) edition.cnn.com time to read: +7 min

Archaeologists originally uncovered the near-complete D. avus skeleton buried alongside a human at Cañada Seca, a site in northern Patagonia, in 1991. Parts of the D. avus specimen were buried alongside a human at Cañada Seca, a site in northern Patagonia. D. avus lived from the Pleistocene Epoch (around 2.6 million to 11,700 years ago) into the Holocene, becoming extinct about 500 years ago. With a similar diet to D. avus, dogs may have helped speed the foxes’ extinction by outcompeting them. Dogs could also have carried and transmitted diseases that sickened the foxes, Lebrasseur added.

Persons: wasn’t, Ophélie, avus, Francisco Prevosti “, Dusicyon avus, ”, Lebrasseur, Cinthia, ” Lebrasseur, Dr, Aurora, d’Anglade, ‘, Francisco Prevosti, it’s, ” Mindy Weisberger Organizations: CNN, Wellcome Trust, Archaeology Research, University of Oxford’s School of Archaeology, Royal Society Open Science, Argentina’s, Technical Research, Universidade, Oxford, Scientific Locations: what’s, Argentina, South America, Cañada Seca, Patagonia, United Kingdom, Europe, Asia, Spain, Patagonia . Hunter

☆ Jim Cramer takes Costco's big dividend increase as a sign the stock could go higher
▼ + stars: | 2024-04-11 | by ( Morgan Chittum | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer said the "market's got its mind made up," and investors are too short-sighted on the Federal Reserve's next interest rate move. This is a bullish sign for the stock, Jim argued, because it shows management's conviction in Costco's business. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, market's, Jim, we're, Andy Jassy, Jassy, Jim Cramer's Organizations: CNBC, Treasury, PPI, Federal, Club, Costco

☆ Instagram to crack down on teen sextortion
▼ + stars: | 2024-04-11 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +4 min

The company announced on Thursday it is testing new features to curb an alarming trend called financial sextortion, which often targets kids and teenagers. Once the nude images are sent, the scammers claim they’ll post them online, either on public websites or on newsfeeds where their friends will see, unless the victims send money or gift cards. In the upcoming weeks and among a subset of users, Instagram said it will roll out various new features, such as blurring nude images sent in direct messages and informing users when they’ve interacted with someone who engaged in financial sextortion. But the FBI recently said it has seen an increase in financial sextortion cases from strangers, often started by scammers overseas. Meta said it is also working on ways to identify accounts that may be engaging in sextortion scams by detecting and monitoring likely sextortion behavior.

Persons: Instagram, they’ve, ” Antigone Davis, “ It’s, sextortion, Meta, Meta Meta, ” Davis, “, ” Organizations: CNN, FBI, National Center for, Meta, Tech Coalition

☆ Biden Pulls Closer to Japan to Counter China
▼ + stars: | 2024-04-10 | by ( Matthew Cullen | ) www.nytimes.com time to read: +1 min

President Biden today hosted Japan’s prime minister, Fumio Kishida, at the White House for a pomp-filled state visit. The tightening of the U.S.-Japan relationship is an important part of the Biden administration’s efforts to counter China’s aggressive actions in the Indo-Pacific region. Tomorrow, Biden and Kishida will meet with President Ferdinand Marcos Jr. of the Philippines. Biden and Kishida today outlined the formation of a joint defense council that could support more exports of equipment produced in Japan, new cooperation on ventures in space and collaboration between research institutions. Biden announced that NASA’s Artemis program would take a Japanese astronaut to the moon, which would be a first for a non-American.

Persons: Biden, Fumio Kishida, Kishida, —, Paul Simon, Donald Trump, Ferdinand Marcos Jr Organizations: White, U.S ., Biden Locations: U.S, Japan, Philippines

☆ Here are Wednesday's biggest analyst calls: Nvidia, Tesla, Exxon, Coinbase, Cava, Alphabet, Amazon, Block & more
▼ + stars: | 2024-04-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Bank of America reiterates Nvidia as buy Bank of America said it's sticking with the stock as a top pick. Mizuho reiterates Block as buy Mizuho raised its price target on the payment company to $106 per share from $99. Bank of America reiterates Coinbase as underperform. Bank of America reiterates Alphabet as buy Bank of America said "AI innovation [was] on display" at the company's Google Cloud Next event. " Deutsche Bank reiterates Amazon as buy Deutsche said the company is a top pick heading into earnings. "

Persons: Morgan Stanley, Piper Sandler, Tesla, Piper, Zillow, Jefferies, Mizuho, Goldman Sachs, Goldman, TD Cowen, Cowen, William Blair, Vital, Canaccord, Truist Organizations: NVIDIA, " Bank of America, Nvidia, Bank of America, Jefferies, Mizuho, SEC, Barclays, Google, Citi, Pharma, Chevron, Exxon, Vital, Argus, Motors, of America, Deutsche Bank, Amazon, Deutsche, E Corp, National, CN Locations: FCFS, Cava, CAVA, Albemarle, 1Q24, OW

☆ After my parents died and I lost my job, I moved out of my hometown and swore I'd never go back. But returning home helped me heal.
▼ + stars: | 2024-04-09 | by ( Melissa Drake | ) www.businessinsider.com time to read: +4 min

After my parents' deaths and other failures, I decided to move to California and follow my dreams. I learned I didn't have to run from my hometown or my past issues to heal properly. 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 . My former self believed I had to run away to heal and find happiness.

Persons: —, Jo Dee Messina's, blaring, it's, I'm Organizations: Service Locations: California, Iowa, Des Moines , Iowa, codependency, Des Moines

A major U.S. bank and a legacy tech name were the focus of some of Tuesday's biggest analyst calls. The firm upgraded the apparel stock to overweight from neutral, and raised its price target to $31 per share from $26. The firm resumed coverage of the legacy tech company with an overweight rating and a $58 per share price target. He reiterated his $64 price target on the stock, implying upside of 10.7%. Additionally, he sees "greater risk to the achievement of our price target as the Fed rate cutting cycle begin."

Persons: Morgan Stanley, Matthew Boss, — Brian Evans, Goldman Sachs, Molson Coors Goldman Sachs, Molson, Molson Coors, Bonnie Herzog, Bud Light, Brian Evans, Goldman, Mark Delaney, Cisco, Morgan Stanley's, David Rochester, Fred Imbert Organizations: CNBC, Cisco Systems, JPMorgan, Eagle Outfitters JPMorgan, American Eagle Outfitters, Eagle Outfitters, Molson Coors, Molson, TAP, Tesla, Cisco, Wells Locations: U.S, Wells, Americas, EVs, Wells Fargo, 2H24, Rochester

☆ Alphabet's cloud event Tuesday could justify the stock's recent records and further upside
▼ + stars: | 2024-04-09 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Shares of Alphabet are on the verge of a possible breakout ahead of the company's three-day Google Cloud Next conference in Las Vegas, where artificial intelligence will be a major theme. Shortly after the trade, Alphabet shares ran into a brick wall after some advertising weakness surfaced in fourth-quarter results and was followed by a controversy over Gemini's image generator that caused the company to pull the tool. The conference is expected to show that "Google is not being left behind, not being troubled by Search," Jim said. That said, we expect Tuesday's AI conversation to be limited to how it relates to Google Cloud. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Thomas Kurian's, Nvidia —, bottoming, Jim Cramer, Jim, Nikesh Arora, Anthropic, Dario Amodei, Ford Yao Ge, Nik Spirin, Oppenheimer, Claude, Jim Cramer's Organizations: Google Cloud, Google, Microsoft, Super, Apple, Nvidia, Management, CNBC, Amazon, Bank of America, Palo Alto, Ford, Apple's Worldwide, Getty Locations: Las Vegas, Palo Alto, Amazon, OpenAI

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