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☆ Nvidia earnings live updates: Wall Street watching consumer demand for Blackwell chips
▼ + stars: | 2024-11-20 | by ( Matthew Fox | ) www.businessinsider.com time to read: +1 min

CFRA Research says investors should temper expectationsJustin Sullivan/GettyAccording to CFRA Research analyst Angelo Zino, investors should manage expectations around guidance for Nvidia's highly anticipated Blackwell launch. Still, Zino expects Blackwell chips will be sold out for much of 2025. "We expect Blackwell to be supply constrained through CY 25, given heightened demand from hyperscalers to support next-generation data centers. In addition to Blackwell expectations/performance concerns that will likely dominate NVDA's Q&A session on the call, we expect investors to dissect any comments on tariffs/Sovereign AI after Trump's victory," Zino said. CFRA Research rates Nvidia at "Buy" with a $160 price target.

Persons: Justin Sullivan, Getty, Angelo Zino, Blackwell, Zino Organizations: CFRA Research, Sovereign, CFRA, Nvidia

☆ Kevin Costner saw the fan outrage over his ‘Yellowstone’ character’s fate and he has thoughts
▼ + stars: | 2024-11-18 | by ( Lisa Respers France | ) edition.cnn.com time to read: +1 min

CNN —Kevin Costner has left “Yellowstone,” and some viewers are not happy about it. The actor, who played the patriarch John Dutton on the hit series, addressed some backlash over his character’s exit. “Fans have a voice in things and they choose to follow stuff,” Costner told E! Costner said he had earlier pitched “Yellowstone” on how to conclude his storyline, but the producers decided on the exact details of his character’s exit due to a gunshot wound. Costner told E!

Persons: Kevin Costner, John Dutton, ” Costner, E, Costner, ”, “, I’m, “ I’m Organizations: CNN, Horizon Locations: ”

☆ Evercore ISI gives its top tech picks for 2025
▼ + stars: | 2024-11-17 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +6 min

Evercore ISI already named its favorite technology stocks to own heading into 2025. Against that background, Evercore ISI analysts recently picked five tech stocks they're most sure of entering next year. Arista Networks The cloud network equipment company's conservative revenue guidance for 2025 leaves room for upside potential, according to Evercore ISI. Evercore ISI raised its 12-month price target on Arista to $450 from $425, indicating more than 20% upside from Friday's close. International Business Machines IBM is likely to top revenue estimates in 2025, Evercore ISI said.

Persons: ChatGPT, haven't, Evercore, Amphenol, Donald Trump's, Vertiv, — CNBC's Michael Bloom Organizations: ISI, Arista, Arista Networks, Apple, Business Machines IBM, Evercore, IBM, Holdings Vertiv Holdings Locations: CY25, capex, Wallingford , Connecticut, Waterville , Ohio

☆ ‘Yellowstone’ says goodbye to Kevin Costner
▼ + stars: | 2024-11-11 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

Editor’s Note: This story contains spoilers for the debut of the second half of Season 5 of “Yellowstone.”CNN —We now know the fate of Kevin Costner’s John Dutton in “Yellowstone.”The long-delayed second half of Season 5 debuted Sunday. Moments into the episode, the audience learns that Dutton, the patriarch of the family, had died from a gunshot wound. Costner confirmed in June that he would not be returning for the new season. The actor made the announcement in a video he shared on Instagram. “Yellowstone” viewers took to social media to lament the loss of Costner’s character and how he was written out of the show.

Persons: CNN —, Kevin Costner’s John Dutton, Dutton, Sarah Atwood, Dawn Olivieri, Jamie Dutton, Wes Bentley, Costner, “, ” Costner, I’m, ”, that’s, ” Luke Grimes, Kayce Dutton, ” Grimes Organizations: CNN, Yellowstone, Independent, Paramount Locations: Yellowstone, “ Yellowstone

☆ Will Kevin Costner appear in the final episodes of 'Yellowstone' season 5? Here's everything we know.
▼ + stars: | 2024-11-09 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +6 min

Despite cutting ties, it appears that fans will see Kevin Costner in the new episodes of "Yellowstone." AdvertisementOver the last year, Kevin Costner made it clear that he had cut ties with "Yellowstone." Will Kevin Costner appear in the second half of "Yellowstone" season 5? Kevin Costner's character wasn't expected to appear in the episodes, given his highly-publicized fallout with creator Taylor Sheridan. Why did Kevin Costner leave "Yellowstone"?

Persons: Kevin Costner, Taylor Sheridan, —, John Dutton, Costner, It's, Will Kevin Costner, he'd, Costner's, Will Kevin Costner's, John, Kevin Costner's, Sheridan, Frederick M, Brown, it's, Reilly, Hauser, Puck Organizations: Service, Paramount Network, Hollywood Reporter, MTV Entertainment Studios, Business, Paramount, Hollywood Locations: Yellowstone, Sheridan

☆ AI's Open-Source Future
▼ + stars: | 2024-10-02 | by ( Kate Rooney | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI's Open-Source FutureHugging Face, a hub for advanced AI models, has quickly become one of tech's hottest startups, thanks to growing enterprise interest in open-source AI platforms. With a $4.5B valuation, and marquee investors including Nvidia and Google, Hugging Face Co-Founder and CEO Clem Delangue explains why he passionately believes in AI democracy and how he's pulling down the guardrails of proprietary technology so anyone, anywhere, can get the data they need.

Persons: Clem Delangue Organizations: Nvidia, Google

☆ AI leaders are reacting to OpenAI's wild 24 hours with a mix of schadenfreude and concern
▼ + stars: | 2024-09-26 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +4 min

It's been a wild 24 hours at OpenAI. Meanwhile, CEO Sam Altman said Thursday the exec departures were unrelated to restructuring talks. AdvertisementIt's been a wild 24 hours at OpenAI, with three high-level execs leaving the company — including CTO Mira Murati — and reports it's restructuring as a for-profit benefit corporation. Speaking at Italian Tech Week Thursday, OpenAI CEO Sam Altman said the executive departures and restructuring talks were unrelated. "I obviously won't pretend it's natural for this one to be so abrupt, but we are not a normal company," he wrote.

Persons: It's, Sam Altman, —, Mira Murati —, Sam Altman's, execs, Altman, Elon Musk, Gary Marcus —, Altman —, Sora hasn't, Marcus, Nicolas Miailhe, Miailhe, I've, it's, Mark Chen, Bob McGrew Organizations: Service, Italian Tech, OpenAI, Bloomberg, Reuters, Geometric Intelligence, Future Society Locations: —

☆ Triathlon: Germany wins gold after controversial mixed relay went ahead in River Seine
▼ + stars: | 2024-08-05 | by ( Ben Church | Thomas Schlachter | ) edition.cnn.com time to read: +4 min

CNN —Despite two athletes falling ill and an ongoing controversy around water quality in the River Seine in the run-up to the race, the mixed relay triathlon went ahead on Monday with Germany securing a dramatic gold medal in Paris. Both the men’s and women’s races eventually got underway on Wednesday, but the fallout has continued ahead of the mixed relay. Ongoing sagaThe decision to hold some swimming events in the River Seine raised eyebrows when it was first announced. Triathletes dive into the River Seine during the mixed relay race. The three were involved in a frantic sprint finish, with Lindemann just getting ahead to win Germany’s first triathlon medal in any discipline since 2008.

Persons: Claire Michel, Adrien Briffod, Hanspeter Betschart, “ We’ve, it’s, we’re, ” Carolyn Broderick, Germany’s Laura Lindemann, Piroschka Van De Wouw, Alex Yee, Germany’s Lindemann, USA’s Taylor Knibb, Lindemann, Hayden Wilde, Pierre Le Corre Organizations: CNN, Germany, Belgium, Swiss, Swiss Olympic, Games, Paris, USA, Reuters, Team, New Zealand Locations: Paris, Switzerland, Belgium, Seine, Britain, Tokyo, France, French

☆ Belgium drops out of mixed triathlon and Switzerland shuffles line-up after athletes fall ill following race in River Seine
▼ + stars: | 2024-08-04 | by ( Kyle Feldscher | Issy Ronald | ) edition.cnn.com time to read: +7 min

Paris CNN —Belgium has withdrawn from the mixed relay triathlon race on Monday and Switzerland has had to mix up its roster after athletes from both countries fell ill following the initial triathlon races last week. The statement did not specify Michel’s illness, which was reported days after she swam in the River Seine during the women’s triathlon on Wednesday. “Claire Michel, a member of the relay, is unfortunately ill and must withdraw from the competition.”Michel finished 38th in the women’s triathlon competition on Wednesday. Swiss Olympic Chief Medical Officer Hanspeter Betschart noted that it is unclear if Briffod’s infection is related to the Seine’s water quality. The athletes had largely put their trust in organizers to ensure that the water quality was safe for them.

Persons: Claire Michel, “ Claire Michel, ” Michel, Jasper Jacobs, Adrien Briffod, Simon Westermann, Hanspeter Betschart, ” Betschart, Météo, ”, Julie Derron, Alex Yee, “, Paris Mayor Anne Hidalgo, –, CNN’s, De La Fuente, Kevin Dotson, Chris Liakos Organizations: Paris CNN —, Olympic Committee, Belgian, Belgian Hammers, Paris Olympic, Wednesday, Getty, Olympic, Swiss, Swiss Olympic, Paris, Triathlon, Medical, City of, Training, Games, Paris Mayor, CNN, CFU, Palais Locations: Paris CNN — Belgium, Switzerland, Belgium, AFP, Paris, Météo France, City, City of Paris, Prefecture, France, Seine, Austerlitz, Alexandra

☆ Olympic triathlon goes ahead after officials give the green light over Seine water quality
▼ + stars: | 2024-07-31 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +4 min

Paris CNN —The triathlon competitions are up and running in Paris on Wednesday after concerns over water quality in the River Seine caused the men’s race to be postponed a day earlier. More rain came into Paris overnight but World Triathlon and Paris 2024 determined the water quality was sufficient to move ahead for both the women’s and men’s races. Rains impacting water qualityHeavy rains battered Paris over the weekend, drenching Friday’s opening ceremony and raising concerns about water quality in the river, which usually declines after rainfall. But the water quality can change fast. That’s double the level needed for “good” water quality, as per World Triathlon standards.

Persons: Météo, ”, Vittoria Lopes, Cassandre Beaugrand, drenching, Paris Mayor Anne Hidalgo, –, CNN’s, De La Fuente, Kevin Dotson, Chris Liakos Organizations: Paris CNN, Paris, Triathlon, Medical, City of, Training, Games, Paris Mayor, CNN, CFU, Palais Locations: Paris, Météo France, City, City of Paris, Prefecture, France, Brazil, Seine, Austerlitz, Alexandra

☆ River Seine: Water quality worries as triathlon training canceled again
▼ + stars: | 2024-07-29 | by ( Kyle Feldscher | ) edition.cnn.com time to read: +4 min

Paris CNN —The rain that drenched Friday’s opening ceremony may have moved out of Paris, but its effects are still being felt in the River Seine, with water quality concerns throwing the triathlon competition into uncertainty. Training was canceled for a second straight day on Monday after water quality testing deemed the water unsafe for athletes. “Given the weather forecast for the next 36 hours, Paris 2024 and World Triathlon are confident that water quality will return to below limits before the start of the triathlon competitions on July 30,” a joint statement from Paris 2024 and World Triathlon said. But the water quality can change fast. That’s double the level needed for “good” water quality, as per World Triathlon standards.

Persons: “, ”, Paris Mayor Anne Hidalgo, –, Saskya Vandoorne, Billy Stockwell, Julen Chavin, Amy Woodyatt, Joseph Ataman, Samantha Tapfumaneyi Organizations: Paris CNN, Training, Games, Paris, Paris Mayor, CNN, CFU, Palais Locations: Paris, Seine, Meteo, France, Austerlitz, Alexandra

☆ Elon Musk wants Tesla to invest $5 billion into his newest startup, xAI — if shareholders approve
▼ + stars: | 2024-07-24 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +2 min

Specifically, he asked: "Should Tesla invest $5B into @xAI, assuming the valuation is set by several credible outside investors? Tesla reported second-quarter earnings that fell shy of analysts expectations for the fourth consecutive quarter, and declining revenue in its core automotive segment. During the Tuesday earnings call, shareholders asked Musk whether Tesla might invest in xAI and integrate xAI's software, named Grok, into its vehicles. Musk replied, "Tesla is learning quite a bit from xAI. The $5 billion number did not come up until Musk posted the poll after the call.

Persons: Musk, Elon Musk, —, Tesla's, Tesla, It's, I'm, Grok Organizations: Cannes Lions, SpaceX, The Boring Company, X Corp, Tesla, CNBC Locations: Tesla's Texas, xAI

☆ Alphabet to invest $5 billion in self-driving car unit Waymo
▼ + stars: | 2024-07-23 | by ( Jennifer Elias | ) www.cnbc.com time to read: +2 min

A Waymo rider-only robotaxi is seen during a test ride in San Francisco on Dec. 9, 2022. Alphabet is again investing in its self-driving car unit Waymo — this time with $5 billion. CEO Sundar Pichai said on the earnings call that Waymo provides 50,000 weekly paid trips, primarily in San Francisco and Phoenix. In June, Waymo removed the waitlist and opened Waymo rides to all San Francisco users. "Alphabet has committed up to $5B to Waymo," Waymo CEO Tekedra Mawakana said on X.

Persons: Waymo, Ruth Porat, Porat, Sundar Pichai, Andreessen Horowitz, Cruise, Tekedra Mawakana Organizations: Securities, Exchange Commission, Plan Investment Board, Fidelity Management & Research Company, General Motors Locations: San Francisco, Phoenix, Francisco, AutoNation, Canada, Waymo, Tesla

☆ Taiwan on alert over 'waves' of missile tests in north China
▼ + stars: | 2024-07-13 | by ( ) www.cnbc.com time to read: +2 min

Taiwan's defense ministry said on Saturday it was monitoring "waves" of missile tests taking place in China's far northern region of Inner Mongolia and that its air defense forces were on alert. Taiwan's forces are continuously monitoring developments and the air defense forces are on alert, the ministry said, without giving details. China's defense ministry did not answer calls seeking comment outside of office hours. Taiwan operates powerful radar stations on some of the peaks of its central mountain range that can look far into China, according to security sources. China detests Taiwan President Lai Ching-te, who took office in May, calling him a "separatist", and has increased its military pressure including war games since his inauguration.

Persons: Nancy Pelosi, Lai Ching, Lai Organizations: Peoples, China's, Force, U.S . House, Taiwan Locations: Beijing, Peoples Republic of China, China's, Inner Mongolia, Taiwan, China, Taipei

☆ China’s ‘military readiness’ questioned with dramatic downfall of two defense ministers
▼ + stars: | 2024-07-01 | by ( Nectar Gan | ) edition.cnn.com time to read: +9 min

At the height of their careers, former defense ministers Li and Wei often struck a tough tone before the world’s top military officials. Former Defense Ministers Li Shangfu and his predecessor Wei Fenghe have both been expelled from the Communist Party over corruption allegations. Most of the generals dismissed or disappeared without explanation last year were linked to the Rocket Force or military equipment, including Li and Wei. An engineer by training, the 66-year-old spent decades launching rockets and satellites in southwest China before being promoted to the PLA headquarters to deal with military equipment procurement. “The gun barrel must always be held in the hands of those who are loyal and reliable to the party,” Xi told the PLA elites.

Persons: Hong Kong CNN —, Xi, Li Shangfu, Wei Fenghe, Xi Jinping, Li, Wei, “, James Char, ”, Former Defense Ministers Li Shangfu, Wei’s, Joel Wuthnow, ” Wuthnow, ” Char, Weidong, Char, Jason Lee, Xu Caihou, Guo Boxiong, Xu, Guo, Wuthnow, Jiang Zemin, haven’t, ” Wei, Li “, Bill Bishop, ” Xi Organizations: Hong Kong CNN, Communist Party, People’s Liberation Army, PLA, Rajaratnam, of International Studies, Former Defense Ministers, AP, Reuters, Rocket Force, Development Department, Second Artillery Corps, Pentagon, National Defense University, CCP, China’s Naval University of Engineering, Central Military Commission, Military, People's, CMC, Communist Locations: China, Hong Kong, Taiwan, United States, Singapore, People's Republic of China, Beijing, Yan’an

☆ Suspected Chinese rocket debris seen falling over village after launch, video shows
▼ + stars: | 2024-06-24 | by ( Nectar Gan | Yong Xiong | ) edition.cnn.com time to read: +6 min

CNN geolocated the video to be filmed from Xianqiao village in Guizhou province, neighboring the launch site province of Sichuan to the southeast. Other videos circulating on Chinese social media platforms analyzed by CNN showed multiple angles of the falling debris. A screengrab taken from video shows suspected Chinese rocket debris falling over Xianqiao village, Guizhou Province, China, following a launch. Before each launch, China’s civil aviation authority typically issues a notice to pilots, known as NOTAM, to warn them against the “temporary danger areas” where rocket debris are likely to be falling. In 2002, a boy in northern China was injured when fragments from a satellite launch fell on his village in Shaanxi province.

Persons: Xi Jinping, Markus Schiller, unsymmetrical, ” Schiller, ”, Schiller, who’s, China –, Russia – Organizations: Hong Kong CNN, CNN, China Aerospace Science, Technology Corporation, State, Information Office, Residents, Stockholm International Peace Research Institute, NASA, European Space Agency, ST Analytics Locations: Hong Kong, China, 3p.m, Sichuan, France, United States, Xianqiao, Guizhou province, Guizhou, Xinba, Guizhou Province, Stockholm, Jiuquan, Taiyuan, Hainan Island, Munich, Germany, Western, Russia, Hunan Province, Shaanxi province, “, Maldives

☆ Kevin Costner is leaving 'Yellowstone' before the final season is over. Here's a complete timeline of the behind-the-scenes drama.
▼ + stars: | 2024-06-21 | by ( Eve Crosbie | Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +2 min

Costner blames Paramount and 101 Studios for the "Yellowstone" negotiations drama. Cam McLeod/Paramount NetworkIn May, Costner shared his side of the "Yellowstone" negotiations drama during an interview with Deadline, saying that previous reports about the situation weren't "truthful." Costner accused Paramount and 101 Studios of mismanaging the situation and not sticking up for him when stories came out that he didn't want to be on set. Costner said he always made "Yellowstone" his "first priority," but said the show kept moving shoot dates, which affected the schedule for his "Horizon" movies. Costner added that he returned across three months to shoot season five, part two, but said the scripts weren't ready, so they couldn't shoot anything.

Persons: Costner, Kevin Costner, John Dutton, Cam McLeod, I've Organizations: Paramount, Studios, Paramount Network, Business Locations: Yellowstone

The firm upgraded the ingredients maker to buy from neutral but lowered its price target to $48 per share from $50. "Though these items might not help earnings until 2025, we believe visibility surrounding them could improve in coming months and send the share price higher," he added. Lovallo has a $198 price target for Lennar, reflecting 30.1% in upside. Analyst Raimo Lenschow upgraded the marketing automation stock to overweight from equal weight and upped his price target by $4 to $29. Singlehurst raised her price target to $58 from $54.20, but the new forecast implies nearly 2% downside from Tuesday's close.

Persons: Goldman Sachs, Thomas Palmer, — Brian Evans, Edward Jones, Logan Purk, — Jesse Pound, John Lovallo, Lovallo, — Alex Harring, Oppenheimer, Colin Rusch, Rusch, Alex Bradley, Alex Harring, Raimo Lenschow, Lenschow, Wells, Steven Cahall, Wedbush, Michael Pachter, Pachter, Keith Gill, Piper Sandler, Valvoline Piper Sandler, Peter Keith, Keith, VVV's algo, hasn't, Will Gaertner, Gaertner, Morgan Stanley, Mark Murphy, Keith Weiss, Brent Bracelin, Louise Singlehurst, Singlehurst, Fred Imbert Organizations: CNBC, Analysts, Citi, Diamond Green Diesel, AMD, Devices, Nvidia, UBS, Lennar, KB, Barclays, Wells Fargo, Paramount, GameStop, Products, LSEG, Google, AI, JPMorgan, Oracle Locations: California, Tuesday's, VVV, reaccelerate, ORCL

☆ Georgie Campbell: British event rider dies from fall during competition
▼ + stars: | 2024-05-27 | by ( George Ramsay | ) edition.cnn.com time to read: +1 min

CNN —A British equestrian rider has died after falling from her horse during a competition on Sunday. Georgie Campbell was competing at the Bicton International Horse Trials in Devon, southwest England when she suffered the fatal accident on her horse, Global Quest. Campbell’s profile on the International Federation for Equestrian Sports’ website said that the rider was aged 37. “The horse, Global Quest, was assessed by the on-site vets and walked back to the stable and is uninjured. She is survived by her husband, fellow horse rider Jesse Campbell, who competed for New Zealand at the Tokyo Olympics three years ago.

Persons: CNN —, Georgie Campbell, ” Campbell, Jesse Campbell Organizations: CNN, International Federation for Equestrian Sports, “, Nations, New Zealand, Tokyo Olympics Locations: British, Devon, England, Great Britain

☆ Neom axed a $1.5B project to make water for the city, report says — another blow to its grand ambition
▼ + stars: | 2024-05-22 | by ( Tom Porter | ) www.businessinsider.com time to read: +1 min

Neom canceled a desalination project worth $1.5 billion, according to a report. Enowa, a Neom subsidiary, told Meed it's water requirements had evolved. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA project to build a $1.5 billion water desalination plant in the Saudi Arabian desert city of Neom appears to have been scrapped. A consortium made up of Neom subsidiary Enowa, Japan's Itochu, and France's Veolia had agreed to develop the plant in December 2022.

Persons: Neom, Meed, —, Japan's Itochu Organizations: Service, Veolia, Business Locations: Saudi Arabia, Saudi, Neom

☆ Here are Thursday's biggest analyst calls: Nvidia, Netflix, Tesla, Intel, Robinhood & more
▼ + stars: | 2024-05-16 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Piper Sandler reiterates Nvidia as overweight Piper said it's sticking with its overweight rating heading into earnings next week. JPMorgan reiterates Netflix as overweight JPMorgan said it's sticking with its overweight rating following Netflix's upfront advertising presentation. Our price target moves to $340, reflecting channel commentary and recent multiple appreciation." JMP reiterates Robinhood as market outperform JMP said it's sticking with its market outperform on the stock trading company. "We are upgrading Wayfair Inc. to BUY from HOLD, with a price target of $83."

Persons: Piper Sandler, Piper, NVDA, Blackwell, Wolfe, underperform Wolfe, Houghton, it's, Truist, JMP, Goldman Sachs, Goldman, Dell, DELL, Wells, Jack, Tesla, Raymond James, Wolfe Alpha, SharkNinja, Argus Organizations: Citi, Nvidia, JPMorgan, Netflix, Intel, Energy, Networks, FedEx, UBS, Texas, RBC, Holdings, Devices, Alpha, AMD, " Bank of America, Bank of America, of America, Wayfair Inc Locations: 2H25, Asia, China

☆ Here are Thursday's biggest analyst calls: Ferrari, Netflix, Tesla, Nvidia, TJX, Carvana & more
▼ + stars: | 2024-05-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

UBS upgrades Burlington to neutral from sell UBS said the outlook for Burlington is improving. Jefferies reiterates Netflix as buy After a change in analyst coverage, the firm says it's standing by its buy rating. UBS upgrades TJX Companies to buy from neutral UBS says the off-price retailer is a "growth stock with surprising upside." UBS downgrades CVS to neutral from buy UBS said it sees too much uncertainty for shares of CVS. JPMorgan upgrades Carvana to overweight from neutral JPMorgan upgraded Carvana following earnings on Wednesday.

Persons: Morgan Stanley, Ferrari, Mizuho, C27E, BURL, Jefferies, Rosenblatt, TD Cowen downgrades Wolfspeed, Cowen, Raymond James, Parsons, Ziff Davis, KBW, Piper Sandler, Cantor Fitzgerald, Tesla, Cantor, it's bullish Organizations: Nvidia, Mizuho, UBS, Netflix, Networks, Enterprise, Jefferies, CTV, TJX Companies, Department Stores, CVS, JPMorgan, Susquehanna, MGM, Bank of America, Community Bank, Piper, NYCB, ~$ Locations: Burlington, Las Vegas

☆ Here are Monday's biggest analyst calls: Apple, Nvidia, AT&T, Tesla, Shopify, Super Micro Computer and more
▼ + stars: | 2024-04-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Evercore ISI reiterates Tesla as in line Evercore ISI lowered its price target on Tesla to $145 per share from $155. Barclays upgrades AT & T to overweight from equal weight Barclays sees "growth quality" for the telecommunications and wireless provider. Barclays downgrades Lululemon to equal weight from overweight Barclays downgraded the maker of athleisure wear due to rising competition. "We initiate coverage of Dave Inc. with a Market Outperform rating and $70 price target representing ~65% upside from the current price." "We are upgrading GWW from EW to OW, while raising our price target from $1,000 to $1,250."

Persons: Evercore, Tesla, Jefferies, LUV, Lululemon, LULU, Dave, Oppenheimer, Instacart, Bernstein, Goldman Sachs, William Blair, Eastman, Morgan Stanley, Berenberg, Melius, Price, Stephens, Grainger Organizations: Airlines, Jefferies, Southwest Airlines, Dynamics, Barclays, Dave Inc, JPMorgan, CART, Apple, Eastman Chemical, Arista Networks, Nvidia, Data, Citi Locations: Americas, China, Tulsa , Oklahoma, Kingsport , Tennessee

☆ Richard Branson says this decision helped build his $2.5B net worth: 'I don't think I would have gone to space' otherwise
▼ + stars: | 2024-04-29 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

He's referring to selling record label Virgin Records to Thorn EMI for nearly $1 billion in 1992. Branson needed the money to focus on a newer venture, Virgin Atlantic. CNBC Make It: How did you make the decision to sell Virgin Records? What I decided was: If I sold Virgin Records, all the people's jobs would be secure. I could then use that money to build and protect Virgin Atlantic.

Persons: Richard Branson, He's, —, Branson, Richard, Virgin, We'd, Janet Jackson Organizations: CNBC, Virgin Records, Thorn EMI, Virgin Atlantic, British Airways, Virgin Group, Forbes, Virgin Locations: London, Branson

Analyst Edward Kelly upgraded the discount retailer to overweight from equal weight and opened a $180 price target. Yefremov's $400 price target indicates shares can jump 31.7% from Wednesday's closing price. Analyst Andrea Teixeira downgraded the energy drink maker to neutral from overweight and cut her price target by $7 to $59. — Alex Harring 5:38 a.m.: Wall Street reacts to Meta earnings Meta Platforms disappointed investors with its weak revenue guidance , sending shares down about 13% in premarket trading. His price target of $55 implies upside of 22% over the next 12 months.

Persons: Bernstein, Wells, Edward Kelly, shrinkflation, Kelly, — Alex Harring, Sherwin, Williams, Aleksey Yefremov, Yefremov, Doug Creutz, Creutz, Judas, Goldman, bullish, Goldman Sachs, Brooke Roach, Roach, Andrea Teixeira, Alex Harring, Ford, Wells Fargo, Colin Langan, Langan, LSEG, Eric Sheridan, Brian Nowak, Morgan Stanley, Doug Anmuth, Ronald Josey, Daniel Roeska, Roeska, General Motors, Fred Imbert Organizations: CNBC, General Motors, Traders, Grand Theft, Sony, Electronic Arts, TJX, TJX Companies, JPMorgan, Monster Beverage, Ford, Ford Pro, Facebook, Meta, Citi, mojo, General, GM Locations: Wells Fargo, Thursday's, Wednesday's, Michigan

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