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CNN —The chance to win an NBA title doesn’t come around very often. Even when they do, injury misfortune can instantly derail a team’s title dream. That’s why Nuggets head coach Michael Malone said he “never” takes Jokić’s “greatness” for granted as the pair attempt to retake their NBA crown. The MVPs, the championship, he’s still the same guy. “You have the highest victory, first franchise championship in 47 years.
Persons: doesn’t, Nikola Jokić, , Jokić, , Michael Malone, , Ronald Martinez, ” Malone, CNN’s Bijan, I’ve, Nikola, Steph Curry, LeBron James, Russell Westbrook, he’s, He’s, Jaylen Brown, Larry O’Brien, Peter Casey, Westbrook, Dario Šarić, Malone, , wouldn’t, team’s, Adam Silver, ” Silver, “ We’ve, Joe Dumars –, Fadel Senna, Holiday, that’s Organizations: CNN, Denver Nuggets, Nuggets, Minnesota Timberwolves, NBA, Boston Celtics, of Famer, Dallas Mavericks, USA, Reuters, Western Conference, West, Celtics, Getty Locations: Serbian, Abu Dhabi, AFP, Boston
Ben Sasse, the president of the University of Florida and a former Republican senator from Nebraska, announced Thursday that he was resigning his position so he could dedicate more time and attention to his ailing wife. Dr. Sasse, 52, took office in early February 2023. “I’ve got two spectacular callings in life right now: First, I’m a husband and dad,” Dr. Sasse wrote. “Second, I’ve been blessed to serve as president of the best dang public university in America — Go Gators! — and I’ve loved the challenge of giving this university everything I’ve got.
Persons: Ben Sasse, Sasse, Mori Hosseini, Melissa, “ I’ve, I’m, , I’ve, America — Organizations: University of Florida, Republican Locations: Nebraska, America
ASML is going through a 'major product transition,' analyst says
  + stars: | 2024-07-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailASML is going through a 'major product transition,' analyst saysMehdi Hosseini, senior tech hardware analyst at Susquehanna International Group, discusses the performance of the stock and the company's outlook.
Persons: Mehdi Hosseini Organizations: Susquehanna International Group
Samsung has lost its edge, analyst says
  + stars: | 2024-04-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSamsung has lost its edge, analyst saysMehdi Hosseini, senior tech hardware analyst of Susquehanna International Group, says Samsung, which "used to be the market leader in innovating for memory, for smartphones, for display," is now only "benefiting from the cycle recovery."
Persons: Mehdi Hosseini Organizations: Samsung, Susquehanna International Group
The boom in demand for artificial intelligence leads back to this global chip supplier, according to Susquehanna. Analyst Mehdi Hosseini upped his estimates on the semiconductor manufacturer Taiwan Semiconductor Manufacturing as wafer average selling prices improve, saying that "all AI roads originate from TSM." The firm joins JPMorgan in asserting that "all AI roads" lead to the global chipmaker. Taiwan Semiconductor is coming off a strong start to 2024. Taiwan Semiconductor, a supplier to chip giants such as Nvidia , Advanced Micro Devices and Qualcomm , could rally another 27% based on the firm's $180 price target.
Persons: Mehdi Hosseini, TSM Organizations: Taiwan Semiconductor Manufacturing, Taiwan Semiconductor, JPMorgan, Susquehanna, Semiconductor, Nvidia, Devices, Qualcomm Locations: Susquehanna, TSM, U.S
Micron touts HBM3E as an essential component to move the needle forward on AI advancement, and so far, analysts agree. Mosesmann's buy rating and $140 per share price target represents 50% upside from Friday's close. The analyst maintains an outperform rating on Micron stock as well as a $120 per share price target, which equates to roughly 29% upside. The firm maintains a buy rating on Micron coupled with a $112 per share price target, more than 20% above the previous close. The analysts raised his price target to $150 from $95, calling for about 61% upside moving forward.
Persons: Rosenblatt, Hans Mosesmann, Mosesmann's, TD Cowen, Krish Sankar, Mehdi Hosseini, Citi's Christopher Danely, Danely Organizations: Micron Technology, Nvidia, GTC Conference, Micro, Analysts, Micron, MU, AMD
New York CNN —From Dua Lipa to “silent” book clubs, Millennials and Gen Z are joining book clubs as a way to socialize. Many of these book clubs are not the stodgy ones of old, however, featuring wine and crackers in a host’s living room. Themed book club events, such as queer book clubs, saw an 82% increase in attendance in 2023, according to Eventbrite, while attendance at silent book clubs increased 23%. Phelan M. Ebenhack via APEventbrite is also seeing growth in romance book clubs, dating event book clubs and evening book club running groups, such as Read & Run Chicago. Gen Z favorite Dua Lipa has a book club.
Persons: BookTok, , Teri Coan, Phelan M, Ebenhack, , Ashley Petty, “ It’s, Khaled Hosseini, Sarah J, Maas, Leigh Bardugo, Colleen Hoover, Noble, Samir Hussein, ” Coan, Gen, ” Barnes Organizations: New, New York CNN, Millennials, AP Eventbrite, Chicago, Afghan, Barnes, American Booksellers Association, Amazon Locations: New York, Dua Lipa, United States, Decatur , Illinois, Lipa, American
"That's just created this once-in-a-decade momentum," said Mehdi Hosseini, an equity research analyst covering the stock at Susquehanna International Group. While the company posted robust results and guidance, analysts have cast doubt over the magnitude of recent stock moves, which include a 48% post-earnings rally and a 19% drop during Tuesday's session. ARM mountain 2024-02-08 Arm since reporting earnings One key factor at play is the limited number of shares in the marketplace. Traders typically buy shares short as a bet that the price of an asset will fall. The unwavering excitement around AI that's driven an investing frenzy over the last year may also be a factor at play with Arm.
Persons: That's, Mehdi Hosseini, Needham, Charles Shi, Ryuta Makino, there's, SoftBank, Hosseini, Shi Organizations: Holdings, Susquehanna International Group, Apple, Nvidia, Devices, ARM, GAMCO Investors, Retail, Tesla, Vanda Research, Partners, Traders
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Susquehanna’s Mehdi Hosseini and Northland Securities’ Nehal ChokshiMehdi Hosseini, Susquehanna senior equity research analyst, and Nehal Chokshi, managing director at Northland Securities, join 'Power Lunch' to debate the bear and bull case for Super Micro Computer.
Persons: Susquehanna’s Mehdi Hosseini, Chokshi Mehdi Hosseini, Nehal Chokshi Organizations: Northland Securities, Susquehanna, Micro Computer
The bear and bull case for Super Micro Computer
  + stars: | 2024-02-05 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe bear and bull case for Super Micro ComputerMehdi Hosseini, Susquehanna senior equity research analyst, and Nehal Chokshi, managing director at Northland Securities, join 'Power Lunch' to debate the bear and bull case for Super Micro Computer.
Persons: Mehdi, Nehal Chokshi Organizations: Micro, Susquehanna, Northland Securities, Micro Computer
Ron DeSantis reportedly took multiple trips on private jets that were not previously disclosed. According to The Washington Post, one of DeSantis' trips involved a jaunt to Augusta National Golf Club. "DeSantis took at least six undisclosed trips on private jets and accepted lodging and dining in late 2018," according to The Post. According to The Post, DeSantis' trip was on a plane owned by Mori Hosseini, a home builder. The law covers past travel records, making the type of reporting The Post and The Orlando Sentinel have done more difficult.
Persons: Ron DeSantis, DeSantis, Mori Hosseini, it's, Andrew Romeo, Romeo Organizations: The Washington Post, Augusta National Golf, Service, Washington Post, Augusta National Golf Club, The, GOP, The Orlando Sentinel, Post Locations: Wall, Silicon, Florida
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailQuantitative trading firm explains why it likes TSMC and GlobalFoundriesMehdi Hosseini of Susquehanna International Group says TSMC will benefit from the artificial intelligence race, while GlobalFoundries will benefit from the localization of semiconductors.
Persons: GlobalFoundries Mehdi Hosseini, GlobalFoundries Organizations: Susquehanna International Group
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailASML benefits from selling older-generation tools to China: AnalystMehdi Hosseini of Susquehanna says ASML strategy of selling "trailing edge" equipment to China that are not subject to export controls allows it to benefit from higher profit margins.
Persons: Mehdi, Susquehanna Locations: China
However, the golf simulator transaction appears to have been structured to avoid Florida’s rigorous ethical disclosure requirements, said two governance experts in Florida. Florida state law requires public officials to file quarterly reports listing all gifts received with a value over $100. Uthmeier wrote that the loan was “permissible” according to state law and the Governor’s Ethics Code. Trump paid for his own golf simulator, according to the Washington Post. According to the list, the “acquisition cost” of both the treadmill and the golf simulator are listed as $1.
Persons: Ron DeSantis, DeSantis, Morteza, Donald Trump, Lynn Blais, Ben Wilcox, James Uthmeier, , Uthmeier, Barbara Petersen, Hosseini, Trump, Barack Obama, Ronald Watson, cabana, Watson, Wilcox, Caroline Klancke, Jason Szep Organizations: cabana, ICI Homes Residential Holdings, Mansion Commission, Commission, Florida’s Department of Management Services, Florida Center, Government, University of Florida, Reuters, aboutGOLF, Washington Post, Thomson Locations: Florida, Hosseini, DeSantis, Tallahassee, Ohio
A list of the mansion’s acquisitions that was provided by the governor’s office included rugs and a Peloton bike donated to a previous administration. On the campaign trail, Mr. DeSantis, an avid golfer, has been playing up his working-class roots in an effort to connect with voters in early voting states. His appointment predated Mr. DeSantis’s first term in office, but he was reappointed by Mr. DeSantis in 2021. The front-runner, Mr. Trump, has repeatedly sought to draw attention to Mr. DeSantis’s use of private donor planes. Jason Miller, a Trump aide, reacted to the news reports on Wednesday on Twitter, saying it was “Ron DeSantis’ Florida Swamp in Action!”
Persons: DeSantis, Donald J, Trump, Hosseini, Jeremy Redfern, ” Mr, Redfern, DeSantis’s, James Uthmeier, Jason Miller, Ron DeSantis Organizations: Republican, New York Times, ICI Homes, University of Florida, Mansion Commission, Twitter Locations: Florida, South Carolina, New Hampshire, Milwaukee
Ron DeSantis' campaign blasted Joe Biden as an "out of touch executive" in a fundraising email. The email came an hour after The Washington Post reported that the DeSantis' flew on a private jet funded by a wealthy donor at least 12 times. Ron DeSantis put out a fundraising email Wednesday accusing President Joe Biden of being an "out of touch executive." The email came one hour after The Washington Post reported that DeSantis and his wife, Casey, flew on a private jet funded by a wealthy donor at least a dozen times. The report said that Mori Hosseini, a prominent home developer in Florida, lent the DeSantis' his private jet as recently as February.
Persons: Ron DeSantis, Joe Biden, DeSantis, , Casey, Mori, Elon Musk, Weeks, Musk's Tesla, Donald Trump —, Biden Organizations: Washington Post, Service, Gov, Twitter Locations: Florida, New Hampshire
The Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung Electronics have emerged as two key players in the increasingly competitive landscape of the chip-making sector. "So, on a relative basis, I think TSMC offers better quality of earnings and also a much better free cash flow margin." "So, the quality of earnings, quality of management, and shareholder return favor TSMC over Samsung," Hosseini concluded. The tech analyst said that when it comes to advanced microchip manufacturing, TSMC is pretty much the only game in town. But they are still way behind TSMC," Hosseini said.
HBO's hit show "Succession" airs its series finale Sunday night, with Waystar Royco's future in the balance. It captures the spirit of boardroom drama, but takes some liberties with corporate law, experts said. On HBO's hit show "Succession," the beats of a proxy fight are sometimes just as intense as a scheming betrayal from a once loyal lackey. Over four seasons, the show has laid out a thesis about the all-encompassing gravitational force of Logan Roy, the media mogul behind the fictional news and entertainment conglomerate Waystar Royco. "But the failure of the board to engage in any succession planning at all, is a first thing to note," she said.
Penguin Random House is suing a Florida school district and board after it banned certain books. Penguin Random House has joined forces with an authors' group to sue a Florida school district after it banned a number of books. Books removed or restricted by Escambia include "The Bluest Eye" by Toni Morrison, "Slaughterhouse-Five" by Kurt Vonnegut, and "The Kite Runner" by Khaled Hosseini. All have had books removed from libraries or had student access restricted by the district, PEN America said in a press release. "The book removals and restrictions enacted by the School District and School Board are denying students access to books they would like to read, or chilling such access."
A selection of books including "The Bluest Eye," by Toni Morrison, that have been the subject of complaints from parentsPenguin Random House, authors, parents and an advocacy group filed a lawsuit Wednesday against a Florida school district for removing 10 books related to race and the LGBTQ community after a high school teacher complained. In addition to the publishing house, PEN America, a nonprofit group that advocates for free expression in literature, five authors whose books have been removed from the district, and two parents whose children go to school in the district filed the suit against the Escambia County School District and the Escambia County School Board in Pensacola, Florida. "The clear agenda behind the campaign to remove the books is to categorically remove all discussion of racial discrimination or LGBTQ issues from public school libraries. Neither the district nor the school board immediately returned requests for comment. More than 100 other titles are restricted and require parental approval for access.
CNN —Iran executed at least 582 people last year, a 75% increase on the previous year, according to human rights groups who say the rise reflects an effort by Tehran to “instill fear” among anti-regime protesters. It was the highest number of executions in the Islamic republic since 2015, according to a report released Thursday by the Norway-based Iran Human Rights (IHR) and the France-based Together Against the Death Penalty (ECPM) groups. The vast majority of the executions – at least 544 – were of people accused of murder and drug-related offenses, said the report. “Iran’s authorities demonstrated how crucial the death penalty is to instill societal fear in order to hold onto power,” the report said. The human rights report said they were charged with “corruption on Earth.”Dozens of other protesters have received death sentences in recent months.
Seattle‘A Thousand Splendid Suns,” by composer Sheila Silver and librettist Stephen Kitsakos , which had its world premiere at the Seattle Opera recently, turned out to be more timely than its creators anticipated. Set in modern Afghanistan and based on the 2007 novel by Khaled Hosseini , the opera unfolds against the backdrop of several tumultuous decades of Afghan history, beginning in 1974, five years before the Soviet invasion, and ending in July 2001 with the country firmly in the grip of the Taliban. The story is about two women brutally subjected to Afghanistan’s patriarchal religious tradition, but both the book and the opera were written during the two decades of U.S. military presence in the country, when women were allowed to be educated and hold jobs. As the opera’s first production meetings were under way in 2021, however, the Taliban reasserted control, making the work’s themes immediate rather than historical.
Videos on Friday showed demonstrations in several neighbourhoods in Tehran as well as in the cities of Karaj, Isfahan, Qazvin, Rasht, Arak, Mashhad, Sanandaj, Qorveh, and Izeh in Khuzestan province. Reuters was able to confirm three of the videos on the protests in Zahedan and one of those in Tehran. Other videos showed large protests on Friday in Zahedan, capital of southeastern Sistan-Baluchistan province, home to Iran's Baluchi minority. [1/5] People take part in a protest in Zahedan, Iran in this screen grab taken from a social media video released February 17, 2023 and obtained by Reuters. In recent weeks Iranian media have reported closures of several businesses, restaurants and cafes for failure to observe the hijab rules.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIntel is losing market shares when it comes to several applications, says Susquehanna's HosseiniMehdi Hosseini, senior hardware analyst at Susquehanna International Group, joins 'Squawk Box' to discuss Intel's market share losses and more.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSemiconductor chips: There's a 'three horse' race outside mainland China, analyst saysMehdi Hosseini of Susquehanna International Group says TSMC, Samsung and Intel are all investing heavily in "adding capacity for the leading edge."
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