DIRS.INFO The most relevant business & tech news

☆ The 2 things that will drive the stock market after last week's Trump-Fed rally
▼ + stars: | 2024-11-10 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Stock Chart Icon Stock chart icon Performance since Nov. 1 closeThe stock market reaction Wednesday to Republican Donald Trump's victory over Democrat Kamala Harris was swift and powerful, sending the Dow , the S&P 500 and the Nasdaq to all-time highs. For the week, consumer discretionary, energy, industrials, financials, and information technology were the top five sectors. Only time will tell how the balance of power will play out and whether it's good or bad for the stock market. Barring anything catastrophic, President Joe Biden and Vice President Harris will hand Trump the baton of a healthy economy with moderating inflation and a strong stock market. Stock Chart Icon Stock chart icon Disney YTDDisney reports before the bell Thursday, and its experiences business will be in focus as it has softened recently due to the recent hurricane activity that forced closures at Florida theme park locations and inflation-weary consumers.

Persons: Donald Trump, Jerome Powell, Drew Angerer, Republican Donald Trump's, Kamala Harris, Dow, Jim Cramer, Wells Fargo Morgan Stanley, Trump, Joe Biden, Harris, FactSet, Helene, Milton, we're, Disney's, Tyson, JD.com Organizations: Federal, White House, Republican, Dow, Nasdaq, Staples, Honeywell, White, Capitol, Republicans, NBC News, Trump, Depot, Disney, CPI, PPI, Home Depot, Summer, IAC, Hertz, Tyson Foods, TSN, AstraZeneca, Occidental Petroleum, Rocket Companies, Cisco, Parts Locations: Washington ,, financials, Washington, inflect, Florida, Paris

This year, Kaptur is facing GOP state Rep. Derek Merrin. West VirginiaGovernor: GOP state Attorney General Patrick Morrisey is the heavy favorite to fill the seat being left open by GOP Gov. 5th Congressional District: Democratic Rep. Jahana Hayes has a rematch against former GOP state Sen. George Logan in this western Connecticut district. 7th Congressional District (Allentown): Democratic Rep. Susan Wild is running against GOP state Rep. Ryan McKenzie. She is facing Democratic state Rep. Janelle Bynum.

Persons: Anna Paulina Luna, Democrat Whitney Fox, Maria Elvira Salazar, Lucia Baez, Geller, Republican Sen, Mike Braun, Jennifer McCormick, Jim Banks, Braun, Valerie McCray, Frank Mrvan, Joe Biden, Randell Niemeyer, Phil Scott, Esther Charlestin ., Independent Sen, Bernie Sanders, Gerald Malloy, Democratic Sen, Tim Kaine, Republican Hung Cao, Biden, Jen Kiggans, Elaine Luria, Missy Cotter Smasal, Eugene Vindman, Derrick Anderson, Abigail Spanberger, Vindman’s, Alexander Vindman, Trump’s, Spanberger, Josh Stein, Mark Robinson, Robinson, Sen, Rachel Hunt, Jim Hunt, Hal Weatherman, Jeff Jackson, Republican Dan Bishop, Elaine Marshall, Republican Chad Brown, Don Davis, Laurie Buckhout, Davis, Sherrod Brown, Trump, Brown, Bernie Moreno, Greg Landsman, Orlando Sonza, Marcy Kaptur, Derek Merrin, Emilia Sykes, Kevin Coughlin, Patrick Morrisey, Jim Justice, Democrat Steve Williams, Joe Manchin, Wheeling Mayor Glenn Elliot, Republican Kris Warner, State Mac Warner, Democrat Thornton Cooper, Caroleene Dobson, Chris Murphy, Matt Corey, Jahana Hayes, George Logan, Hayes, Logan, Lisa Blunt Rochester, Ben Cardin, Republican Eric Hansen, Blunt Rochester, Matt Meyer, Michael Ramone, Sarah McBride, GOP Sen, Rick Scott, Debbie Mucarsel Powell, Scott, Eric Sorensen, Joseph McGraw, Sharice Davids, Prasanth Reddy, Angus King, David Costello, Demi Kouzounas ., Jared Golden, Austin Theriault, Angela Alsobrooks, Prince George’s, Larry Hogan ., April McClain Delaney, John Delaney, Republican Neil Parrott, David Trone, Elizabeth Warren, Republican John Deaton, Hillary Scholten, Republican Paul Hudson ., Tom Barrett, Curtis Hertel ., Dan Kildee, Kristen McDonald, Paul Junge ., John James eked, James, Democrat Carl Marlinga, Roger Wicker, Ty Pinkins, Josh Hawley, Lucas Kunce, Mike Kehoe, Crystal, Kelly Ayotte, Democrat Joyce Craig, Chris Sununu ., Chris Pappas, Republican Russell Prescott, Annie Kuster, Lily Tang Williams, Maggie Goodlander, Jake Sullivan ., Bob Menendez’s, Andy Kim, Republican Curtis Bashaw ., Tom Kean Jr, Kean, Sue Altman, Bob Casey, Republican Dave McCormick, Mehmet Oz, Brian Fitzpatrick, Ashley Ehasz, Susan Wild, Ryan McKenzie, Wild, Matt Cartwright, Rob Bresnahan Jr, Scott Perry, Janelle Stelson, Chris DeLuzio, Rob Mercuri, Sheldon Whitehouse, Patricia Morgan, Marsha Blackburn, Gloria Johnson, Monica de la, Michelle Vallejo, Henry Cuellar, Jay Furman, Vicente Gonzalez, Mayra Flores, Kyrsten Sinema, Ruben Gallego, Kari Lake, David Schweikert, Shah, Juan Ciscomani, Kirsten Engel, Ciscomani, Lauren Boebert’s, Adam Frisch, Republican Jeff Hurd ., Gabe Evans, Mariannette Miller, Meeks, Christine Bohananan, Zach Nunn, Lanon Baccam, Garret Graves, Debbie Stabenow’s, Elissa Slotkin, Mike Rogers, Amy Klobuchar, Republican Royce White, Angie Craig, Joe Teirab, Deb Fischer, Dan Osborn, Pete Ricketts, Ben Sasse’s, Sasse, Ricketts, Democrat Preston Love Jr, Don Bacon, Tony Vargas, Bacon, Martin Heinrich, Republican Nella Domenici, Yvette Herrell, Gabe Vasquez, Vasquez, Kirsten Gillibrand, Mike Sapraicone, Nick LaLota, Democrat John Avlon, Tom Suozzi, George Santos, Suozzi, Mike LiPetri, Anthony D’Esposito, Laura Gillen, D’Esposito, Mike Lawler, Mondaire Jones, Lawler, Sean Patrick Maloney, Pat Ryan, Alison Esposito, Marc Molinaro, Josh Riley, Molinaro, Brandon Williams, John Mannion, Kelly Armstrong, Merrill Piepkorn, Doug Burgum, Kevin Cramer, Katrina Christiansen, Roe, Ted Cruz, Colin Allred, Tammy Baldwin, Eric Hovde, Brian Steil, Peter Barca, Derrick Van Orden, Rebecca Cooke, John Barrasso, Democrat Scott Morrow, Jon Tester, Tim Sheehy, Greg Gianforte, Ryan Busse ., Ryan Zinke, Monica Tranel, Zinke, Jacky Rosen, Republican Sam Brown, Dina Titus, Republican Mark Robertson, Drew Johnson, Susie Lee, Steven Horsford, Republican John Lee, John Curtis, Mitt Romney, Curtis, Caroline Gleich, Spencer Cox, Brian King, Adam Schiff, Dianne Feinstein, Schiff, Republican Steve Garvey, Kevin Kiley, Jessica Morse, Republican Stockton Mayor Kevin Lincoln, Josh Harder, John Duarte, Democrat Adam Gray, Duarte, David Valadao, Rudy Salas, Mike Garcia, George Whitesides, Young Kim, Joe Kerr, Ken Calvert, Democrat Will Rollins, Michelle Steel, Derek Tran, Republican Scott Baugh, Katie Porter, Dave Min, Porter, San Clemente, Mike Levin, Matt Gunderson, Val Hoyle, Monique DeSpain, Lori Chavez, Janelle Bynum, Andrea Salinas, Mike Erickson, Salinas, Bob Ferguson, Dave Reichert ., Marie Gluesenkamp, Perez, Republican Joe Kent, Dan Newhouse, Republican Jerrod Sessler, Newhouse, Kim Schrier, Carmen, Mazie, Bob McDermott, Mary Peltola, Nick Begich, Eric Hafner, John Howe Organizations: Congressional District, Democrat, Trump, Congressional, Miami, Dade County School Board, Georgia, House, Indiana Governor, Republican, Senate, GOP, District, Democratic, South, Vermont Governor, Republican Gov, Independent, Army, Virginia Senate, Navy, North Carolina Governor, Gov, Ohio Senate, Kaptur, Virginia Governor, GOP Gov, Huntington . Senate, Wheeling Mayor, State, Alabama, Justice Department, Caroleene Dobson . Connecticut Senate, Delaware Senate, District of Columbia, Illinois, Rep, NASCAR, Maryland, Frederick, Commerce Department, Marine, Missouri, White House, Jake Sullivan . New, Jake Sullivan . New Jersey Senate, Alliance . Oklahoma, Democratic Army, Apache, Biden, Freedom Caucus, Rhode, Rhode Island Senate, Tennessee Senate, Tennessee, Monica de la Cruz, Arizona, Democratic Rep, National, U.S . Department of Agriculture, Republicans ’, Minnesota Senate, . Nebraska, New Mexico Senate, . New York Senate, New York Police, CNN, GOP Rep, New York Democrats, North, North Dakota Governor, South Dakota, . Wisconsin Senate, Wisconsin, Wyoming, Montana Senate, Nevada Senate, Nevada, Congressional Black Caucus, Security, Utah, California Senate, California Natural Resources Agency, Republican Stockton Mayor, Capitol, NASA, Virgin Galactic, Air Force, Washington Governor, Hawaii Senate, Alaska, Peltola, Alaskan Independence Party Locations: States, Florida, Clearwater, Miami, Georgia, Indiana, Gary, Kentucky, South Carolina, U.S, Virginia, Virginia Beach, Northern Virginia, Gaston County, Ohio, Cincinnati, Toledo, Akron, Huntington, Montgomery, Alabama, Caroleene Dobson . Connecticut, Connecticut, . Kansas, Kansas, Prasanth Reddy . Maine, Maine, Prince George’s County, Massachusetts, Michigan, Grand, Lansing, Saginaw, Flint, Detroit, Mississippi, Missouri, . New Hampshire, Dixville, Manchester, Portsmouth , Manchester, Jake Sullivan . New Jersey, North Jersey, Philadelphia, Allentown, Scranton, Harrisburg, Pittsburgh, Rhode Island, Texas, McAllen, Laredo, South Texas, Phoenix, Tucson, Colorado, Denver, Iowa, Davenport, Des Moines, Louisiana, Baton Rouge, Shreveport, Black, Twin Cities, Omaha, New Mexico, Albuquerque, ., Long, Queens, Hempstead, New York City, Hudson, New York, Syracuse, North Dakota, . Texas, Racine, La Crosse, Bozeman , Missoula, Nevada, Las Vegas, North Vegas, North Las Vegas, Sacramento, California, Stockton, Central, Los Angeles, Santa Clarita, Southern California, Riverside County, Calvert, Irvine, San, Idaho, United States, Oregon, Eugene, Portland, Salem, Seattle

☆ A resilient economy and strong earnings are overpowering normal election worries
▼ + stars: | 2024-11-04 | by ( Bob Pisani | ) www.cnbc.com time to read: +8 min

.SPX YTD mountain S & P 500, YTD It's because the economy and earnings remain resilient. That is the main reason the S & P 500 is less than 2% from its historic high. Third quarter earnings for the S & P 500 are up 8.4%, well above the 6.0% estimated at the start of October. It's fourth quarter earnings that matter Remember, the most important thing to watch is the trend and whether it is accelerating or decelerating. The S & P 500 is up 50% in those two years.

Persons: There's, Tom Lee, Phil Mackintosh, Mackintosh, John Butters, Scott Chronert, Alec Young, MapSignals.com, Young, We're Organizations: Tech, Nasdaq, Democrat, Republican, Citigroup Locations: backwardation

☆ The 3 things that will influence the stock market in the most consequential week of the year
▼ + stars: | 2024-11-03 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

The major stock benchmarks rallied Friday but were lower last week, with the Nasdaq leading the way lower after reaching new highs. Eight other Club names reported earnings last week, including Eli Lilly and Eaton. Despite indications from Big Tech that Nvidia's AI chips will remain in hot demand, the Club stock fell 4.3% for the week. The S & P 500 , which is less tech-weighted, fell nearly 1.4% for the week, making it back-to-back weekly losses for the broader market index. Earnings After analyzing earnings reports from 14 of our portfolio companies last week, there is only one Club name on the docket this week.

Persons: Eli Lilly, Eaton, Jim Cramer, financials Goldman Sachs, Kamala Harris, Donald Trump, Harris, Trump, That's, Jerome Powell, We're, we'll, Archer, Johnson, Jim Cramer's, Jim, Brendan McDermid Organizations: Nasdaq, Devices, Apple, Microsoft, Big Tech, Club, Nvidia, Dow, Intel, AMD, Dow Jones, Visa, American Express, JPMorgan, Bond, Federal Reserve, Boeing, Treasury, White, DuPont, Election, Protection, Electronics, Industrial, Constellation Energy, Marriott, Century Fox, Wynn Resorts, WYNN, Goodyear Tire, Cirrus, Diamondback Energy, Daniels, Midland, Apollo Global Management, Ferrari, Restaurant Brands, Emerson Electric, Devon Energy, Novo Nordisk, CVS Health, Howmet Aerospace, Teva Pharmaceutical Industries, Cedar Fair Entertainment, Toyota, American Electric Power Company, Johnson Controls, Dine Brands, Holdings, AMC Entertainment, Qualcomm, Coty, COTY, Energy, Barrick, Halliburton, HAL, Hershey, Air Products & Chemicals, Warner Bros ., Arista Networks, Rivian Automotive, Trade, Icahn Enterprises, Sony, SONY, Paramount, Jim Cramer's Charitable, CNBC, New York Stock Exchange Locations: BlackRock, Florida, China, Sluggishness, Cleveland, New York City, U.S

☆ Where Trump's standing with Puerto Rican voters will be put to the test: From the Politics Desk
▼ + stars: | 2024-10-29 | by ( The Politics Desk | ) www.nbcnews.com time to read: +6 min

In today’s edition, national political correspondent Steve Kornacki breaks down the key areas where Donald Trump's standing with Puerto Rican voters will be tested. Where Trump’s support among Puerto Rican voters will be put to the testSteve KornackiDonald Trump’s campaign appearance in Allentown, Pa., this evening comes amid questions over whether the fallout from his Madison Square Garden rally will cost him support among Puerto Rican voters. Allentown is a majority-Hispanic city of 125,000, and about one-quarter of its overall population is of Puerto Rican descent — one of the highest concentrations of Puerto Ricans anywhere in the U.S. Pennsylvania’s polls will close at 8 p.m. EST on Election Night, but we may get a big clue about Trump’s Puerto Rican support before that. Majority-Hispanic Osceola County in Florida, just south of Orlando, is a large county (population about 450,000 — and growing) that’s about one-third Puerto Rican.

Persons: Steve Kornacki, Donald Trump's, Mat Dixon, Steve Kornacki Donald Trump’s, Trump, Kamala Harris, it’s, suburbanites, Matt Dixon “, Donald Trump, Harris, —, Arnold Palmer, Read, Matt → Organizations: NBC, White House, Capitol, Puerto Rican, Trump, Puerto Ricans, U.S, Democratic, Keystone State, Osceola, United Locations: Allentown, Pa, Madison, Puerto, Pennsylvania, Puerto Rican, Reading, Bethlehem, Lebanon, Hazleton, Easton, Puerto Ricans, Keystone, Osceola County, Florida, Orlando, Osceola, what’s, Arizona, Georgia, Michigan, North Carolina, United States

☆ Wall Street shifts focus back to Tesla's core auto business ahead of earnings as robotaxi hype fades
▼ + stars: | 2024-10-22 | by ( Matthew Fox | ) www.businessinsider.com time to read: +6 min

Some analysts expect Tesla's third-quarter earnings to signal a turning point, while others see more pain ahead. AdvertisementTesla will report third-quarter earnings results after the market close on Wednesday, and Wall Street will be hyper-focused on the company's core auto business. However, some analysts on Wall Street expect the upcoming third-quarter earnings print will be a sign that the worst is behind Tesla. Here's what Wall Street expects from Tesla's upcoming earnings report. But perhaps more important than vehicle deliveries for Wall Street is Tesla's profit margins.

Persons: —, Tesla, Dan Levy, Levy, Wells, Colin Langan, Langan, Dan Ives, Ives, Joel Levington, Levington Organizations: Service, Wall, Barclays, Tesla Energy, Tesla, Bloomberg Intelligence, Acura, Volvo Locations: Wells Fargo, Wells

☆ Spotify is ready to follow Netflix and be the next breakout streaming stock, according to the charts
▼ + stars: | 2024-10-22 | by ( Todd Gordon | ) www.cnbc.com time to read: +3 min

The stock is consolidating just below all-time highs and if Netflix's move after earnings is any indication, I think SPOT should punch through to new all-time highs. We're currently trading at $386, just below the all-time highs of $387 set back in 2021. The earnings trajectory for this company has been insane: 2022 EPS ($3.09) 2023 EPS ($2.95) 2024 EPS +$6.37 2025 EPS +$9.06 (est.) Netflix beat expectations and broke to new all-time highs led by new subs, 50% of which are coming from an ad tier. Meta is also in the communication sector sitting close to new all-time highs like NFLX, so the trend for this group remains firmly higher.

Persons: Todd Gordon, Gordon Organizations: Spotify, Apple, Sirius XM, Tactical Alpha, Netflix, Meta, Facebook, Inside Edge, CNBC, NBC UNIVERSAL

☆ Derrick Henry, Lamar Jackson lead Ravens' elite rushing attack into Tampa Bay
▼ + stars: | 2024-10-21 | by ( Andrew Greif | Andrew Greif Is A Freelance Sports Journalist. | ) www.nbcnews.com time to read: +1 min

Since an 0-2 start Baltimore has had the best month of any team in the NFL. On Monday, they face a Tampa Bay team that has shown last season’s playoff berth was no fluke. Baltimore’s 35.5 points per game over its last three games is third-best in the NFL behind only Detroit and, yes, Tampa Bay (38.0). Henry is averaging 5.4 yards per carry on the road, where quarterback Lamar Jackson is averaging 6.2 yards, too. It sets up a strength vs. strength matchup, given the Buccaneers’ defense ranks among the league leaders in stopping the run by allowing 113 rushing yards per game.

Persons: Baker Mayfield, Derrick Henry’s, Henry, Lamar Jackson Organizations: Baltimore, NFL, Tampa Bay, Buccaneers, Tampa, New, ESPN, ABC Locations: Detroit, Tampa Bay, New Orleans

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Amazon, Reddit, Tesla, RH, Warby Parker, UPS and more
▼ + stars: | 2024-10-21 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Piper Sandler reiterates Tesla as overweight Piper says it's sticking with Tesla heading into earnings later this week. Morgan Stanley initiates BioAge Labs at overweight Morgan Stanley says the biotech company is well positioned. " Goldman Sachs upgrades Warby Parker to buy from neutral Goldman sees customer growth for the eyewear company. Morgan Stanley reiterates Home Depot as overweight Morgan Stanley raised its price target on Home Depot to $450 per share from $380. Morgan Stanley downgrades ServiceNow to equal weight from overweight Morgan Stanley said that expectations are already priced in to the stock.

Persons: John Donovan, Piper Sandler, Tesla, Piper, it's bullish, Morgan Stanley, Goldman Sachs, Warby Parker, Needham, Reddit, Gary Friedman, Jack Preston, Baird, TD Cowen, Cowen, Prologis, Goldman, Craig Felenstein, Jim Bombassei, Morgan Stanley downgrades ServiceNow Organizations: Deutsche Bank, GE Vernova, Deutsche, General Electric, BioAge, Barclays, UPS, FedEx, Dominion, Goldman, Nvidia, AMD, Mohawk Industries, JPMorgan, China EV, Catalyst, Bank of America, Fortune Locations: GitLab, NVDA, Europe, U.S, Las Vegas, China

☆ Jefferies says these top stock picks are cheap and offer upside heading into year-end
▼ + stars: | 2024-10-18 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

As the fourth quarter ramps up, several stocks have room to appreciate in coming months, according to Jefferies. Heading into the end of the year, Jefferies has updated its list of stock recommendations it calls its "franchise picks," spotlighting high-conviction, buy-rated names. "Higher reinvestment rates are correlated with better returns," Jefferies added. Their average price target of almost $24 implies roughly 10% upside – less than the nearly 26% that would result if Jefferies' target of $27 is reached. And Jefferies' target of $295 implies more than 17% upside from the current price.

Persons: Jefferies, Morgan Stanley, Wells, –, Johnson Organizations: Dow, Nasdaq, JPMorgan, Consumer, Johnson, PepsiCo, Sysco, Jefferies, ConocoPhillips, Port, North Field, Oil, Procter, Gamble, Colgate Locations: Wells Fargo, Alaska, Port Arthur, Texas, Qatar, Houston, LSEG, U.S, , New Jersey, Kenvue

☆ Here are Tuesday's biggest analyst calls: Nvidia, Amazon, Alphabet, McDonald's, Adobe, Tesla & more
▼ + stars: | 2024-10-15 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Mizuho upgrades Duke Energy to outperform from neutral Mizuho said investors should buy the dip in the energy company. Barclays upgrades Doximity to overweight from equal weight Barclays said it sees growth potential for the online networking services provider for medical professionals. TD Cowen upgrades SM Energy to buy from hold TD Cowen said the energy company has "multiple resource catalysts." Barclays initiates Bruker as overweight Barclays said it's bullish on the analytical biotech solutions company. " Goldman Sachs reiterates Adobe as buy The firm said it sees "growth tailwinds" after attending the company's Adobe MAX conference.

Persons: Stephens, it's, Wells, Tesla, Berenberg, it's bullish, Wedbush, Mizuho, Goldman Sachs, Goldman, BTIG, Morgan Stanley, McDonald's, TD, TD Cowen, Price, Crane Organizations: Valvoline Inc, YouTube, Cadence Design, Netflix, Nvidia, AMD, Citi, Consolidated Edison, Duke Energy, Mizuho, Barclays, Etsy, Global, RBC, BMW, Mercedes, Volkswagen, Energy, Holdings, TD Cowen, BMO, AIG, Adobe, MAX, Constellation Energy Locations: China, North America

The vast majority of analysts surveyed by FactSet hold a strong buy or buy rating on the stock. Despite its recent slowdown, analysts surveyed by FactSet have a consensus buy rating on the dominant e-commerce platform. Bullish voices on the stock include Goldman Sachs analyst Eric Sheridan, who recently reiterated a buy rating and $230 price target. JPMorgan's Anmuth is similarly positive on Amazon ahead of earnings, rating the stock overweight and saying it remains the favorite in the bank's firm's internet sector coverage. The consensus FactSet rating on Meta is buy, with an average price target of $604, suggesting just 2.3% potential upside.

Persons: Roundhill, —, selloff, Goldman Sachs, Kash Rangan, Nvidia's Blackwell, Brad Zelnick, Amit Daryanani, Daryanani, Apple's wearables, qtr, Tim Cook's, you'd, Morgan Stanley, Jensen, Blackwell, Biden, Tesla, enthusiam, Elon, Wells, Colin Langan, Department's, Doug Anmuth, Bank of America's Justin Post, Eric Sheridan, Sheridan, Goldman, Anmuth, Baird, Roth MKM, JPMorgan's Anmuth, Goldman's Sheridan, Meta's, — CNBC's Michael Bloom Organizations: Apple, Microsoft, Nvidia, Tesla, CNBC, Windows, Investment, Deutsche Bank, Justice Department, Blackwell, Bloomberg, Ford, General Motors, EV, Google, FactSet, Bank of America's, ISI, Walmart, Costco, eBay, Meta, Ray, Labs, Facebook, Temu, Goldman Locations: China, FactSet, ., Downside, U.S, Wells Fargo, American, Meta's Asia, Pacific

☆ 'Free Solo' climber Alex Honnold often sees melted glaciers on his climbs. It's changed the course of his career.
▼ + stars: | 2024-10-14 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +4 min

'Free Solo' climber Alex Honnold witnessed the effects of climate change throughout his career. It inspired him to start the Honnold Foundation in 2012, a non-profit that builds renewable energy resources around the world. He's seen 'dramatic' landscape changes on his climbsHonnold and Caldwell previously planned an ice climb in Patagonia, Argentina. Related storiesHis foundation focuses on communitiesIn 2023, the Honnold Foundation helped launch the first community-led microgrid project in Puerto Rico. "The Devil's Climb" premieres October 17 at 9pm EST on National Geographic and streams the next day on Disney+ and Hulu.

Persons: Alex Honnold, He's, Tommy Caldwell, Caldwell, Renan Ozturk Honnold, Honnold, Matt Pycroft, Hurricane Maria, Adam Skolnick, Skolnick Organizations: Honnold Foundation, Service, Geographic, Hurricane, Disney Locations: Patagonia, Alaska, Argentina, Puerto Rico, Detroit, Memphis, Hulu

☆ When Europe’s railroad dining cars were the height of luxury
▼ + stars: | 2024-10-11 | by ( Oscar Holland | ) edition.cnn.com time to read: +11 min

The most luxurious experience of them all, however, could be found in the dining car. The latter was the first train car to offer on-board meals, including regional specialties like gumbo, which were prepared in a 3-foot-by-6 foot kitchen. By the 1870s, dining cars could be found on sleeper trains across North America. But this decentralized production model also contained the seed of dining car’s ultimate demise. And despite a revival of interest in train travel on the continent, dining cars (or certainly those equipped with kitchens) are now largely the preserve of tourist services.

Persons: —, impeccably, Henri Opper de Blowitz, Francois Guillot, Graham Greene, Agatha Christie, Charles Dickens, George Pullman, ”, Pullman, Georges Nagelmackers, Arthur Mettetal, “, René Prou, glassmaker, ” —, Mettetal, ” Mettetal Organizations: CNN, Orient Express, Gare de, Getty, New, Compagnie Internationale des, Orient, Nord, Express, “, Pullman, Deco, Italy —, Bettmann, SNCF, Documentation Department Locations: Gare, Gare de l’Est, Paris, Europe, Constantinople, Istanbul, AFP, Britain, America, New York, North America, Belgian, Saint Petersburg, Lisbon, France, North Africa, East, London, Vichy, Switzerland, Italy, Toulouse

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Amazon, Netflix, Campbell Soup, Gilead, American Express & more
▼ + stars: | 2024-10-07 | by ( Michael Bloom | ) www.cnbc.com time to read: +10 min

Wells Fargo upgrades Gilead to overweight from equal weight Wells says the biopharma company has an attractive setup. Wells Fargo upgrades Canadian National to overweight from equal weight Wells says it sees "accelerating growth" for the railway company. Barclays downgrades Netflix to underweight from equal weight Barclay says the "growth algorithm is getting more complex." Wells Fargo downgrades Amazon to equal weight from overweight Wells says the "positive revision story [is] on pause for Amazon. JPMorgan upgrades Ally Financial to overweight from neutral and downgrades American Express to neutral from overweight JPMorgan downgraded American Express and says it sees "asymmetric risk."

Persons: Jefferies, Wells, Morgan Stanley, it's bullish, Barclay, NFLX, Piper Sandler, Piper, Mizuho, JPMorgan downgrades Lamb Weston, JPMorgan, downgrades Sherwin, Williams, KeyBanc, Bernstein, Campbell, underperform Bernstein, Coupang, CPNG, Barclays downgrades, Avery Dennison, Garmin, Hershey Organizations: Apple, Apple Intelligence LT, UW, Vertiv Holdings, Coty, Barclays, Netflix, MKSI, Mizuho, JPMorgan, Deutsche Bank, Alliance, Deutsche, UBS, NXP, Express, American Express, Barclays downgrades DuPont, DuPont, Bank of America downgrades Constellation Brands, Bank of America, Constellation Brands, Bank of America downgrades Comerica, of America, CMA, Air Products, Hershey Locations: OW, Gilead, Canada, underperform

☆ I spent a total of 10 weeks quiet vacationing all over the world without my boss finding out. Here's how I did it.
▼ + stars: | 2024-10-04 | by ( Robin Madell | ) www.businessinsider.com time to read: +10 min

He says that quiet vacationing made him more productive at work because he was so happy. Over the course of 15 months, I spent a total of 10 weeks quiet vacationing from my fully remote job. I think quiet vacationing may be good for productivity; I was genuinely so happy while traveling the world, and it translated into my productivity at work. On some quiet vacationing days, I had to work a little later to get things across the line, but I became very efficient. A quiet vacation day in Europe might look something like this: Wake up around 8 or 9 a.m. and eat breakfast at the hotel.

Persons: Oluwole, —, Tobi Oluwole, Lyon —, didn't, would've, I'd, Slack, We've, Tobi, Jane Zhang Organizations: Service, Big Tech, Camp, Oluwole, Barcelona football, Houston, Toronto, Montreal, London, Toronto Raptors, LinkedIn Locations: France, —, Lagos, Nigeria, Brussels, Atlanta , Georgia, Tennessee, Toronto, Ottawa, Lisbon, Barcelona, Cancun, Atlanta, Francisco, Rome, Amalfi, Paris, Los Angeles, Vancouver, London, Punta Cana, Dominican Republic, Mexico, Canada, Europe, Portugal

☆ Mark Zuckerberg is leaning into his fashion era and considering selling Classics-inspired T-shirts
▼ + stars: | 2024-10-04 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Mark Zuckerberg might start selling Classics-inspired shirts on Instagram. He's changing up the basic style he was once known for, reflecting Meta's fashion tech ventures. AdvertisementMark Zuckerberg said he's thinking about selling his own graphic tees. Zuckerberg told Pubity that he's been mulling selling T-shirts like the ones he's been wearing recently, inspired by the Classics — Greek and Roman history. Zuckerberg has gone viral several times in 2024 for his gold chains, and the tech billionaire is leaning into the hype.

Persons: Zuckerberg, —, Mark Zuckerberg, Pubity, he's, Zuck, Julius Caesar, I've, ike, miri, ould Organizations: Service, Meta Locations: oman

Elsewhere, TD Cowen raised its price target on Costco to $975. 7:04 a.m.: TD Cowen raises Costco price target TD Cowen is even more bullish on Costco after hosting the company's leadership for a post-earnings meeting. Analyst Brian Bedell reiterated his buy rating and lifted his price target by $3 to $27, implying about 13% upside. With that, analyst Stephen Scouten upgraded Amerant to overweight from neutral and raised his price target by 50 cents to $25.60. — Pia Singh 5:50 a.m.: TD Cowen upgrades Accenture Investors should buy shares of Accenture as the company's recovery gains steam, according to TD Cowen.

Persons: Morgan Stanley, TD Cowen, Cowen, Oliver Chen, Costco's, Chen, Gary Millerchip, — Pia Singh, Brian Bedell, Bedell, Robinhood, Wells, Donald Fandetti, Fandetti, Piper Sandler, Amerant, Stephen Scouten, Scouten, JPMorgan Chase, Betsy Graseck, Graseck, NIM, Bryan Bergin, Bergin, Fred Imbert Organizations: CNBC, JPMorgan Chase, Accenture, Costco, Deutsche Bank, American, Amerant, JPMorgan, Services Locations: Florida, Friday's

☆ 2025 Changemakers: Submit a nomination for CNBC's annual list of women leading in business
▼ + stars: | 2024-09-30 | by ( Julia Boorstin | ) www.cnbc.com time to read: +4 min

CNBC is now accepting nominations for our second annual Changemakers list. The list recognizes women transforming business and philanthropy, female leaders who have accomplished a meaningful achievement in 2024. Changemakers are taking novel approaches to old business problems and identifying new business opportunities. The list will be announced next year, and our second annual Changemakers Summit is set for next spring. Submit a nomination for the 2025 Changemakers list.

Persons: Dina Powell McCormick, Donald Trump, Marcela Miguel Berland, Tory Burch, Burch, Emma Carrasco, Corporate Affairs Srikant Datar, Harvard Business School Dean Karen Finerman, Ken Frazier, Desiree Gruber, Oscar Munoz, Laurene Powell Jobs, Emerson, Merline Saintil, Sheryl Sandberg, Stacy Smith, Spencer Stuart Organizations: CNBC, Fortune, Global Client Services, U.S . Deputy National, Tory, NBCUniversal, Corporate Affairs, Harvard Business School, Metropolitan Capital, Catalyst's Health, Merck, United Airlines, OptionB.org, Annenberg, LeanIn, McKinsey

☆ Mark Zuckerberg's shirt says 'All Zuck or All Nothing' in Latin
▼ + stars: | 2024-09-25 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +1 min

Mark Zuckerberg wore a custom t-shirt with the Latin phrase "AUT ZUCK, AUT NIHIL" at Meta Connect. It's a play on "Aut Caesar, aut nihil," which means "Either a Caesar or nothing." It's not the first time Zuck's worn a custom Latin shirt. AdvertisementAt the Meta Connect developers' event, CEO Mark Zuckerberg wore a black boxy custom t-shirt with the words "AUT ZUCK AUT NIHIL." In Latin, this translates to "All Zuck, or all nothing" — a play on the famous phrase "Aut Caesar, aut nihil."

Persons: Mark Zuckerberg, Caesar, aut, It's, — Organizations: Meta, Service, Meta Connect, Business Locations: Carthage

☆ Boar’s Head to close Virginia plant linked to deadly listeria outbreak
▼ + stars: | 2024-09-13 | by ( Jamie Gumbrecht | ) edition.cnn.com time to read: +3 min

CNN —Boar’s Head will close the Virginia plant that produced deli meat products tied to a deadly listeria outbreak, the company said on Friday. The move is part of several changes made after what it called a “dark moment in our company’s history.” Boar’s Head said it will permanently discontinue sales of liverwurst after an investigation found its production process was the root cause of the listeria contamination. It will also appoint a new food safety officer and food safety council made up of independent industry experts. But a USDA Notice of Suspension for the Virginia facility, shared by Boar’s Head, describes “inadequate controls” that allowed equipment and employees to move throughout the facility, potentially spreading bacteria. The agency called it the largest listeria outbreak since one linked to cantaloupe in 2011.

Persons: CNN — Boar’s, ” Boar’s, Boar’s, Dr, Sanjay Gupta, “, what’s Organizations: CNN, Department of Agriculture’s, CNN Health, Centers for Disease Control, listeria, CDC Locations: Virginia, Jarratt , Virginia, Jarratt

(This is CNBC Pro's live coverage of Friday's analyst calls and Wall Street chatter. A biotech stock and an energy company were among the names being talked about by analysts on Friday. — Sean Conlon 6:19 a.m.: Pivotal says buy TKO Group A competitive media landscape could mean gains for TKO Group , according to Pivotal Research Group. TKO Group shares are up nearly 41% year to date. TKO YTD mountain TKO in 2024 — Sean Conlon 5:49 a.m.: JPMorgan downgrades Moderna to underweight JPMorgan sees a rocky road ahead for Moderna .

Persons: Raymond James, Srini Pajjuri, — Sean Conlon, Jeffrey Wlodarczak, Jessica Fye, Fye, it's, Ameet, Thakkar, he's, Fred Imbert Organizations: CNBC, JPMorgan, Moderna, BMO Capital Markets, GE Vernova, ARM, Research, JPMorgan downgrades Moderna, Food and Drug Administration, BMO, GE, General, Gas Power, General Electric Locations: Thursday's

☆ Jon Rahm appeals DP World Tour fines in fight to make Ryder Cup
▼ + stars: | 2024-09-12 | by ( Jack Bantock | ) edition.cnn.com time to read: +5 min

CNN —Spanish golfer Jon Rahm appealed against outstanding fines to the DP World Tour on Thursday which had thrown his hopes of competing at next year’s Ryder Cup into jeopardy. That would leave just the French Open and South Korea’s Genesis Invitational as the only other two DP World Tour events that Rahm could feature in this season. I’m not sure,” Lowry told reporters ahead of the Irish Open, the DP World Tour’s latest tournament, on Wednesday. Alberto Pizzoli/AFP/Getty ImagesRahm and Lowry were both captained by Pádraig Harrington during the 2021 Ryder Cup at Whistling Straits in Wisconsin. It’s very important for the Ryder Cup … it’s bigger than just the match.”

Persons: Jon Rahm, year’s Ryder, Rahm, Luke Donald’s, LIV, “ Jon Rahm, ”, Tyrrell Hatton, ‘ I’m, LIV Golf’s, “ I’m, I’ve, ” Rahm, Richard Heathcote, Alfred Dunhill, ‘, Ireland’s Shane Lowry, ” Lowry, I’m, Alberto Pizzoli, Lowry, Pádraig Harrington, Harrington, Donald, ” Harrington, “, Big, Jon, you’ve, That’s Organizations: CNN, LIV, Team Europe, New, European, Madrid, Ryder, Masters, Getty, Andalucia Masters, Paris, BMW PGA, United, United Arab Emirates, Irish, Getty Images, Lowry, Bethpage Locations: Spanish, United States, Rome, New York, Dubai, Saudi, Madrid, Chicago, Scotland, Spain, Dallas, United Arab, AFP, Whistling Straits, Wisconsin

☆ September's poor history is hard to ignore, but market has many things on its side including the Fed
▼ + stars: | 2024-09-03 | by ( Bob Pisani | ) www.cnbc.com time to read: +7 min

The good news outweighs the bad Seasonality aside, the market is riding a wave of momentum, and with good reason: 1) The market "broadening" trend is very real. At Jackson Hole, chairman Jerome Powell made it clear that the Fed had shifted its attention from fighting inflation to the job market. S&P 500 in September: It's been ugly recently (rounded) 2023: down 5%2022: down 9%2021: down 5%2020: down 4% The elections are another wildcard. Two-thirds of the S&P 500 was up in August. Most importantly, the Equal-Weight S&P 500 (RSP) modestly outperformed the S&P 500 in August and closed Friday at an historic high.

Persons: Frank Gretz, Wellington Shields, Robert Hum, It's, Consumer Staples, Jerome Powell, David Smith, Brendan McDermid Organizations: Dow, NASDAQ, Russell, NYSE, Megacap Tech, Apple, Nvidia, Microsoft, Consumer, Estate, Technology, American Association of, Bulls, PCE, Fed, Rockland Trust, CNBC, Traders, New York Stock Exchange Locations: Wellington, Meta, Rockland, New York City, U.S

Slowing rate of change in earnings growth There are two important trends to follow in earnings. In the case of Nvidia, earnings are continuing to increase, but the rate of change is decelerating. This earnings report will likely be the final time in this stretch that Nvidia will see triple-digit earnings growth. But the impact has been shrinking – just as the overall Mag 7 impact has been diminishing with second quarter earnings growth broadening out. Last season (Q1), Nvidia was responsible for a little more than one-third of the S & P 500's 8% earnings growth.

Persons: ChatGPT, It's, Wall, Jensen, Josh Brown, Christopher Rolland, I've, you've, Lori Calvasina, it's, Matt Bryson, Nvdia's, Huang, Stifel, Blackwell, Mark Lipacis, NVDA, Hopper, Angelo Zino, Dan Ives, Ives, Brown Organizations: Nvidia, Jensen Huang's, Ritholtz Wealth Management, CNBC, RBC Capital Markets, Microsoft, Meta, Analysts, Nvdia's Blackwell, Blackwell Locations: Susquehanna, Wedbush

Search resuls for: "Est"

25 mentions found