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Stocks in the infrastructure sector aren't always top of mind. But investors who want to diversify their portfolios away from those popular names and themes can consider the infrastructure theme, says Andrew Slimmon, senior portfolio manager at Morgan Stanley Investment Management. Stock pick Slimmon is bullish on equipment rental company United Rentals . URI YTD mountain YTD shares of United Rentals Shares in United Rentals trade on the New York Stock Exchange, and are up over 40% year to date, and over 80% over the last 12 months. KeyBanc Capital Markets' analysts identified United Rentals as "interesting acquirers," citing its "strong history of driving solid returns through large deals each year."
Persons: Andrew Slimmon, Slimmon, Hurricane Helene, It's, Florida's Organizations: Nvidia, Novo Nordisk, Morgan Stanley Investment Management, United Rentals, New York Stock Exchange, KeyBanc, Markets Locations: U.S, Hurricane, North Carolina , Georgia, Texas, Massachusetts, Bend, Connecticut, North America, Europe, Australia, New Zealand
Artificial intelligence has been the subject of many recent conversations about investing in tech, with Nvidia, Alphabet and Microsoft grabbing headlines. Masters named telecommunications company Motorola Solutions , a company he says is "a very beautiful, solid, public safety-focused business." The rest of the businesses includes its video security and building command center units. He added that the company's video security and command center businesses are also gaining more traction in the market. Put that all together and you have a "very, very strong, high quality compounding business," Masters said.
Persons: Masters, CNBC's, Motorola's, You've Organizations: Nvidia, Microsoft, Trent Masters, Alphinity Investment Management, Masters, Motorola Solutions, MSI, Motorola, Land Mobile, CNBC, New York Stock Exchange
India's stock market has been topsy-turvy in the past week. WealthMills Securities' equity market strategist Kranthi Bathini says "India's stock markets need stable policy continuity going forward." "The Union Budget has consistently increased allocations for infrastructure development. Strong digital economy and startup ecosystem Another longer-term theme on Sengupta's radar is the digital economy and startup ecosystem. Riding the consumer wave Aside from sectors poised for growth, WealthMills Securities' Bathini suggests looking out for names set to benefit from the strong consumer.
Persons: turvy, Narendra Modi's, Modi, Dhruba Jyoti Sengupta, Kranthi Bathini, Sengupta —, Sengupta, Bathini Organizations: Narendra Modi's Bharatiya Janata Party, BJP, Lok Sabha, Wrise, CNBC Pro, BSE, Bombay Stock Exchange, WealthMills Securities, Budget, Hindustan, Indian Railway Catering, Tourism Corporation, Indian, Construction, Titagarh, Systems, India, Canara Bank, Bajaj Finance, Securities, Hindustan Aeronautics, Tata Motors, Reliance Industries Locations: Lok, Asia, East, Europe, India, uptrend
Tuesday’s election results, in which Prime Minister Modi sealed a rare third term, only enhance the sense of gloom and doom for Indian Muslims like me. With the BJP back in power – albeit without the supermajority it had vowed – my only hope lies in a politically weakened Modi now. A weakened Modi shall, hopefully, translate into a more robust India and more secure minorities. In the days and months to come, things could get seriously tough for Indian Muslims. It could be the norm for the rest of India soon as the BJP tries to deny Indian Muslims the right to follow Islamic laws in civil matters, a right granted by the Indian Constitution.
Persons: Salam, Read, Modi, Modi’s, Mukhtar Khan, , , Narendra Modi, Elke Scholiers, Rahul Gandhi, Jawaharlal, Taj Mahal, Qutb, We’ve Organizations: , New, New Delhi CNN, Bharatiya Janata Party, BJP, India’s Independence, Indian National Congress, INC, Union Budget, SC, , OBC, Twitter, Telugu Desam, Janata Dal, Congress Locations: Hindu India, New Delhi, Narendra Modi’s India, India, , Srinagar, Rajasthan, Muslim, Pakistan, Lok, Gujarat, Ghaziabad, Uttar Pradesh, Lower, Independence, Kerala, Mumbai, Gandhi’s, BJP, Qutb Minar, Delhi, Babri, Assam, Uttarakhand, Indian
According to most polls, India’s election was a foregone conclusion. Prime Minister Narendra Modi’s right-wing, Hindu-nationalist alliance was expected to secure a supermajority – and with it the power to enact radical change unopposed. To Modi’s critics and opponents, India was on the fast track to becoming a de-facto one-party state. Going into this election, Modi had set a goal of winning 400 seats in the lower house of parliament, or Lok Sabha. The BJP’s inability to secure an outright majority “pricks the bubble of Modi’s authority,” wrote political scientist Pratap Bhanu Mehta Tuesday night.
Persons: Narendra Modi’s, Modi, Bharatiya Janata Party wouldn’t, God, , Pratap Bhanu Mehta, , Jawaharlal Nehru, Ritesh Shukla, Arathi Jerath, India’s, Arvind Kejriwal, Critics, , ” Mehta, Sanjay Singh, “ Modi, Neelanjan Sircar Organizations: CNN, Bharatiya Janata Party, , BJP, Aadmi Party, , National Democratic Alliance, Center for Policy Research Locations: India, Lok Sabha, , Ayodhya, New Delhi, Delhi
The All India Market Capitalization index , tracked on the Bombay Stock index, lost over 31.06 trillion rupees, or about $371 billion on June 4 alone. India's markets saw their worst one-day loss in about four years as the electoral performance of Prime Minister Narendra Modi's ruling Bharatiya Janata Party fell short of expectations. The BJP-led National Democratic Alliance (NDA) coalition, however, clinched 294 seats, managing to retain the parliamentary majority, crossing the 272 required to form the government. In the previous general election in 2019, the BJP secured 303 seats, and the NDA won 353 seats. A Goldman Sachs report issued early Wednesday said that "even with a reduced majority, we don't think macro stability will be compromised."
Persons: Narendra Modi's, Modi, Goldman Sachs, Organizations: Bombay Stock Exchange, Bombay, BSE, Bharatiya Janata Party, BJP, National Democratic Alliance, Developmental Inclusive Alliance coalition, Indian National Congress, Goldman Locations: Bombay, Mumbai, India, INDIA, Lok
Some 642 million people cast their vote in the world’s largest election, as swathes of the country was blanketed in searing heat, making people sick and killing dozens. India's Prime Minister Narendra Modi shows his ink-marked finger after casting his vote outside a polling station in Ahmedabad, India, on May 7, 2024. The leader of the party that wins a majority will become prime minister and form a ruling government. His BJP centered its manifesto on job creation and anti-poverty programs, with a focus on women, the poor and farmers. He’s promised to turn India into a developed nation by 2047 and transform the country into a global manufacturing hub.
Persons: Narendra Modi, India’s, Adnan Abidi, Modi, He’s, God, , Rahul Gandhi, Gandhi, Raj K Raj, Arvind Kejriwal, Organizations: CNN, Bharatiya Janata Party, BJP, Indian National Congress, India's, Reuters, National Democratic Alliance, Congress, Hindustan Times, Aadmi Party Locations: India, , Lok Sabha, Asia, United States, China, Russia, Ahmedabad, Kerala, Uttar Pradesh, Lok, New Delhi, Delhi
CNN —Indian Prime Minister Narendra Modi is increasingly resorting to overtly Islamophobic language during his election campaign, critics and observers say, as he seeks a third straight term governing the world’s most populous nation. It’s coming directly from the prime minister. The BJP did not respond to a request for comment on the rhetoric being used by party leaders during this campaign. The prime minister has set an ambitious target for his alliance to win 400 seats in the country’s Lok Sabha, or lower house of Parliament, in this election. BJP party spokespeople subsequently said Modi was talking specifically about undocumented migrants.
Persons: Narendra Modi, , Modi, we’ve, ” Milan Vaishnav, , surrogates, “ Modi, it’s, , Asim Ali, It’s, ” Modi, he’s, Jaiveer Shergill, Irfan Nooruddin, Weeks, Arvind Kejriwal, Ali, Santosh Kumar, Alishan Jafri, Vaishnav, ” Nooruddin, Prakash Singh, spokespeople Organizations: CNN, Indian, Bharatiya Janata Party, BJP, South Asia, Carnegie Endowment, International, Home Minister, Indian National Congress, , Georgetown University, Indian Army, Hindustan Times, Bloomberg, Getty Locations: , BJP, Lok, Delhi, Pataliputra, India, Australia, United States, China, Britain, Muzaffarnagar district, Uttar Pradesh
Indian authorities have seized over $1 billion in cash, drugs, and goods in the country's elections. The amount has surpassed the total seized during the whole of the last general election in 2019. 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 . AdvertisementThe Election Commission of India (ECI) said it has seized 88.9 billion rupees, or around $1.1 billion, in drugs, cash, and other goods like precious metals and liquor as part of its efforts to stamp out illegal vote inducements in the country's general election.
Persons: Organizations: Service, of India, Indian government's Press, Business
Narendra Modi, India's prime minister, center, during a campaign rally in Agra, Uttar Pradesh, India, on Thursday, April 25, 2024. Photographer: Prakash Singh/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty ImagesA decade into power, India's Prime Minister Narendra Modi appears set to secure a rare third term, with the general elections now underway. Opposition 'witch hunt'Ahead of the elections, India's main opposition — the National Congress party — accused the Modi government of freezing its bank accounts. "This is a criminal action on the Congress party done by the prime minister and the home minister," said Congress leader Rahul Gandhi in a fiery attack. "During Manmohan Singh's time, India was also growing very fast," he added, referring to the economic reforms under the former prime minister in the 1990s.
Persons: Narendra Modi, India's, Modi, Prakash Singh, Asim Ali, Ali, Milan, Modi's, , Rahul Gandhi, Chietigj Bajpaee, Arvind Kejriwal, consecrating, Ronojoy Sen, Neelanjan Sircar, Manmohan Singh's, Sircar Organizations: Bloomberg, Getty Images Bloomberg, Getty, India's, East, CNBC, Dem, Freedom House, Carnegie Endowment, International Peace, Newsweek, Bharatiya Janata Party, National Congress, South Asia, Chatham House, Aam Aadmi Party, Modi's BJP, BJP, Institute of South Asian Studies, Centre for Policy Research Locations: Agra, Uttar Pradesh, India, East Asia, New Delhi, Sweden, U.S, Milan Vaishnav, South Asia, Gujarat, Ali, Delhi, Lok, Ayodhya, Ayodhya —, BJP
CNBC's Inside India newsletter: A disconnected stock market
  + stars: | 2024-05-10 | by ( Ganesh Rao | ) www.cnbc.com   time to read: +5 min
CNBCThis report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. For local investors, Indian stocks would have underperformed the U.S. benchmark by more than 45 percentage points since Buffett's 2008 bet. It appears that India's near 8% GDP growth isn't transforming into stock market returns. But that has also meant significant competition for the incumbents, many of which are listed on the stock market. This year has also been particularly unlucky for Indian stock market investors thanks to the uncertainty added by politics.
Persons: Warren Buffett, it's, Jonathan Pines, Federated Hermes, Rajeev Agrawal, Agrawal, Narendra Modi's, Kevin Carter, Buffett, Carter, Modi, Narendra Modi, Amit Shah, Virat Kohli, Rajat Patidar Organizations: Berkshire, CNBC, BSE, Federated, DoorDarshi Advisors, Narendra Modi's BJP, India, Ecommerce, One97 Communications, Ujjivan Financial, BJP, Russia, Indian, Ukraine, India's Central Bureau of Investigation, Indian Premier League, Wednesday, Royal Challengers Bengaluru Locations: Omaha , Nebraska, Omaha, BSE India, India, United States, Gandhinagar Lok Sabha, Russia, Mumbai, Punjab Kings
A worker fixes flags of the ruling Bharatiya Janata Party displayed on a hoarding prior in Raipur on April 15, 2024 ahead of the country's upcoming general elections. India's stock markets started the year in record-high territory, much of it supported by pre-election optimism — but as the country kicked off its weeks-long election, Bernstein warned that a market correction could be in place. Market players have been pricing in a victory for Prime Minister Narendra Modi's ruling Bharatiya Janata Party. Modi, who has been prime minister since 2014, is seen as a market-friendly candidate. Nearly one billion eligible voters will decide who fills the 543 contested seats in the Lok Sabha, the lower house of the Indian Parliament.
Persons: Bernstein, Narendra Modi's, Modi, Venugopal Garre, Nikhil Arela Organizations: Bharatiya Janata Party Locations: Raipur, India, Lok Sabha
Supporters of India's opposition party, Indian National Congress, during an election rally in Puducherry on April 15, 2024 R. Satish Babu/AFP/Getty ImagesDemocracy under threat? Dipam Bhachech/Hulton Archive/Getty Images Modi worked his way through the ranks of the BJP, establishing himself as a respected politician. Tobias Schwarz/AFP/Getty Images Modi hugs French President Emmanuel Macron after a ceremony at the Arc de Triomphe in Paris, on June 3, 2017. Brent Lewin/Bloomberg/Getty Images India's Prime Minister Narendra Modi addresses Congress at the US Capitol in Washington, DC, on June 22, 2023. Pedro Ugarte/AFP/Getty Images Modi offers a toast during a State Dinner with President Joe Biden at the White House in Washington, on June 22, 2023.
Persons: , Narendra Modi, Mallikarjun Kharge, Indira Gandhi, Gandhi, ” Hazari Lal Rajput, Satish Babu, Modi, Modi’s, Matthew Abbott, Hiraben, Damodardas, Dipam Bhachech, Lal Krishna Advani, Subhas Chandra Bose, Kalpit Bhachech, Kalpit, Negi Yasbant, Amit Dave, Ajit Solanki, Kevin Frayer, Saurabh Das, AP Modi, Manish Swarup, Lucas Jackson, Barack Obama, Adrien Helou, Reuters Modi, Adnan Abidi, Stringer, Mark Zuckerberg, David Paul Morris, Marco Longari, Angela Merkel, Tobias Schwarz, Emmanuel Macron, Charles Platiau, Saudi Arabia's Crown Prince Mohammed bin Salman, India's, Jair Bolsonaro, Vladimir Putin, Xi Jinping, Amit Shah, Money Sharma, Boris Johnson, Phil Noble, Anthony Albanese, Brent Lewin, Pedro Ugarte, Joe Biden, Doug Mills, Paul Mashatile, Jacoline, Imtiyaz Khan, Amr Alfiky, Arati Jerath, , it’s, Rahul Gandhi, Rajiv Gandhi, Indira, India’s, Jawaharlal Nehru, gunning, ” Modi, shouldn’t, Mohammad Irfan, , Arvind Kejriwal, Altaf Qadri, Kejriwal, Atishi, you’re, Jerath, Gandhi ‘, ’ Modi, Christophe Jaffrelot, CNN Modi, Rasheed Kidwai, Rahul, Diptendu Dutta, Mamata Banerjee, Muthuvel Karunanidhi Stalin, ” Kidwai, ” Jerath Organizations: CNN, Bharatiya Janata Party, BJP, Indian National Congress, Getty, Democracy, Modi’s BJP, Pew, New York Times, Rashtriya Swayamsevak Sangh, Modi, Hospital, Narendra, India Today, AP, India's, Madison, Garden, Reuters, Washington , D.C, French National Space Agency, of Yoga, Meta, Facebook, Bloomberg, European, Saudi Arabia's Crown, Rashtrapati Bhavan, Kyodo, British, Summit, Qudos Bank, White, Anadolu Agency, Anadolu, United, United Arab Emirates, Developmental Inclusive Alliance, Indian, Aadmi Party, Delhi, AAP, Aam Aadmi Party, All, Trinamool, West, All India, Congress, , “ Democracy Locations: India, Uttar Pradesh, Ramlila, Puducherry, Modi’s, Sydney, Australia, Gujarat, Ahmedabad, Ahmadabad, Varanasi, New Delhi, United States, Washington, Washington ,, Toulouse, France, Xian, AFP, Menlo Park , California, U.S, Pretoria, South Africa, China, Berlin, Paris, Rashtrapati, Russian, Brasilia, Glasgow, Red, Ayodhya, Abu Dhabi, United Arab, INDIA, Delhi, India’s, Lok Sabha, Atishi, , Manipur, Siliguri, West Bengal, Tamil
A worker fixes a flag of the ruling Bharatiya Janata Party on a hoarding of their leader and India's Prime Minister Narendra Modi on April 15, 2024. The 2024 general elections will pan out in seven phases over the next six weeks, starting April 19. India's meteoric riseUnder Modi's rule, India's economy has scaled to new heights. It is now the world's fifth-largest economy with a GDP of $3.7 trillion and has set its sight on becoming the world's third largest economy by 2027. Home to 1.4 billion people, the world's most populous country is the fastest growing economy in the world.
Persons: Narendra Modi, Idrees Mohammed, Hong Kong's, Modi, Suyash Rai, Joe Biden, Chietigj Bajpaee, Biden, Bajpaee, Rahul Gandhi, Rajiv Gandhi, Indira Gandhi, Jawaharlal Nehru, Amitendu Palit, Modi's, R.satish Babu Organizations: Bharatiya Janata Party, India's, Afp, Getty, Voters, Monetary Fund, Carnegie India, CNBC, White, Bloomberg, India, South Asia, Chatham House, BJP, National Democratic Alliance, Indian, Developmental Inclusive, Indian National Congress, Institute of South Asian Studies, National University of Singapore, NDA, Centre, of Foreign Relations, Reuters Locations: Lok Sabha, Lok, Hong, Washington, U.S, India, China, Raipur, Coimbatore
CNN —Polls will open Friday for the first phase of India’s marathon general election, kicking off a vote in which Prime Minister Narendra Modi is seeking to win a rare third consecutive term. Challenging the BJP is India’s main opposition party, the Indian National Congress, and its newly formed INDIA alliance of parties. India’s Election Commission has imposed restrictions on media, including CNN, that limits the publication of reporting and analysis in the run-up to and during polling days. Supporters of India's opposition party, Indian National Congress (INC) during the election campaign in Puducherry on April 15, 2024. Among the most politically important states is Uttar Pradesh, home to 240 million people who vote in all seven phases.
Persons: Narendra Modi, Biju Boro, Modi, , Satish Babu, Mamata Banerjee, Dravida, Stalin, Altaf Qadri Organizations: CNN, Bharatiya Janata Party, BJP, Indian, Bharatiya Janata, United Nations Security Council, Indian National Congress, Getty, Dravida Munnetra Kazhagam, All, Trinamool, Tamil Locations: India, Guwahati, AFP, India’s, Puducherry, Lok Sabha, Uttar Pradesh, Lok, Tamil Nadu, Chennai, Dravida, INDIA, . West Bengal, Trinamool Congress, Nicobar Islands, Mizoram, Meghalaya, Nagaland, Myanmar, Manipur
CNN —A record quantity of bribes, including cash, booze, drugs and precious metals, has been seized by Indian election authorities in the run-up to mammoth nationwide polls that begin on Friday. The Election Commission of India (ECI) on Monday revealed it had recovered inducements worth just over $550 million since March — the largest amount in the country’s 75-year electoral history. It marks a “sharp increase” on the more than $400 million in bribes seized by the ECI in the country’s last general election in 2019, the agency said. India’s political parties and leaders routinely preach against election corruption and inducements, but the level of monitoring and tackling of graft across such a vast nation varies widely. Anti-corruption groups had long complained that the system meant a lack of transparency in donations to political parties — allowing corporations to donate large sums without disclosure.
Persons: Narendra Modi, gratis, Modi, Organizations: CNN, of India, Bharatiya Janta Party, BJP, , Indian National Congress, India, Kazakhstan, India’s, Bank of India Locations: Rajasthan, Gujarat, Tamil Nadu, Karnataka, Lok, Maldives
HONG KONG CNN —India is set to vote in the world’s largest ever general election, setting the stage for a mammoth exercise in democracy with nearly a billion people eligible to head to the polls across just over six weeks. Here is a look at how the world’s most populous country votes in the world’s largest democracy. The number of women registered to vote has increased by 40 million since the previous election in 2019, according to the election commission, while more than 20 million voters between ages 18-29 have been added to the electorate. Voting begins on Friday, April 19, and will continue through June 1, with results announced on June 4. This operation requires some 15 million polling officials and security staff during the election, with some of these election workers traveling via road, boat, camel, train, and helicopters to reach India’s citizens.
Persons: Narendra Modi Organizations: HONG KONG CNN —, European Union Locations: HONG KONG, HONG KONG CNN — India, North America, Lok, Uttar Pradesh, Bihar, West Bengal, India’s
Under Modi, India has become the world’s fastest growing major economy, pushing the country of 1.4 billion people to near-superpower status. Here’s what you need to know about the largest election in human history:How does India vote? Prime Minister Narendra Modi addresses his supporters during an election campaign rally in Pushkar on April 6, 2024. Congress senior party leader Rahul Gandhi during the release of the party manifesto on April 5, 2024 in New Delhi. The ruling BJP’s symbol is a lotus, while the Congress party is a raised, open-palmed hand.
Persons: Narendra Modi, Modi, Noah Seelam, Rahul Gandhi, Arvind Kejriwal, Congress ’ Mamata Banerjee, Muthuvel Karunanidhi Stalin, Himanshu Sharma, Modi’s, Kejriwal, Sanjeev Verma, Nasir Kachroo, Biju Boro Organizations: CNN, Bharatiya Janata Party, BJP, European Union, Getty, Indian National Congress, Congress, Developmental Inclusive Alliance, Aam Aadmi Party, Delhi, West, All India, Modi, Hindustan Times, Minorities, Analysts, Bahujan Samaj Party, Farmers, for Media Studies Locations: India, United States, Russia, Lok, Hyderabad, AFP, INDIA, West Bengal, Tamil, Pushkar, Delhi, New Delhi, Ayodhya, Agriculture, Himachal Pradesh, China, Lohore Sapori, Assam
Modi’s Bharatiya Janata Party (BJP) is expected to secure another five years in power, ruling an India that has become increasingly polarized along religious lines. Under Modi’s leadership, India is poised to become a 21st-century powerhouse as its economy rapidly expands. The Indian National Developmental Inclusive Alliance, or INDIA, marked a significant step for an opposition struggling to regain national significance. In August, India made history by soft-landing a rover on the moon, becoming just the fourth nation to do so. The election commission said 968.8 million people have registered to vote in the 2024 polls – a 6% increase from 2019.
Persons: Narendra Modi, Indira Gandhi, Modi, Weeks Organizations: CNN, Modi’s Bharatiya Janata Party, BJP, Indian National Congress, Developmental Inclusive Alliance, Modi’s BJP, Organization for Economic Cooperation Locations: India, Lok, New Delhi, INDIA, Australia, United States, Ayodhya, China
Japan, Australia, Qatar, United Arab Emirates and Saudi Arabia all won, while Kuwait and North Korea scored a flurry of goals en route to victories. Australia and Palestine players stood for a minute's silence ahead of their game, which was played in Kuwait due to the Israel-Hamas conflict. Son was in top form as South Korea completed back-to-back wins at the start of their challenge for a place at the 2026 finals. Players held a minute's silence ahead of kickoff before Souttar scored the game's only goal with an 18th-minute header. Kuwait, meanwhile, thrashed Afghanistan 4-0 away to move into second place in Group A behind Qatar.
Persons: Korea's Son Heung, Min, Tingshu Wang, Ueda, Heung, Son, Yan Junling, Lee Kang, Jung Seung, Yan, Thais, Suphanat Mueanta, Mano Polking's, Ayase Ueda, Hajime Moriyasu's, Jong Il Gwan, Harry Souttar, Kuwait's Jaber Al, Souttar, Oston Orunov, Igor Sergeev, Mohanad Ali, Jesus Casas, Darren Lok, Amadoni Kamolov, Saudi Arabia's Saleh Al Shehri, Jordan, Abdalla, Ali Mabkhout, Michael Church, Angelica Medina, Toby Davis Organizations: Soccer Football, AFC, Shenzhen Universiade Sports Centre, REUTERS, China, Japan, North Korea, Thailand, Singapore, North, Syrians, Syria, Palestine, Ahmad, Iraq, Vietnam, Malaysia, Taiwan, Kyrgyzstan, Qatar, United, Bahrain, Thomson Locations: China, Republic of Korea, Shenzhen, Republic, Korea's, Japan, South Korea, Australia, Qatar, Korea, Myanmar, Syria Australia, Palestine, HONG KONG, United Arab Emirates, Saudi Arabia, Kuwait, North, Israel, Syria, Jeddah, North Korea, Yangon, Australia's, Gaza, Lebanon, Bangladesh, Uzbekistan, Iran, Hong Kong, Turkmenistan, Vietnam, Philippines, Indonesia, Manila, Oman, India, Yemen, Nepal, Tajikistan, Pakistan, Islamabad, Saudi, Afghanistan
Speaking at the investment bank's Asia-Pacific Summit 2023 in Singapore, he said that Alphabet has "less significant upside estimates." GOOGL YTD mountain Year-to-date shares of Alphabet Morgan Stanley has cut its target price on Alphabet by around 3%, citing expectations of higher operating expenses and a dip in revenue from key segments. Its previous target price was $155. Meanwhile, its bear case is reflected with a price target of $90 and would follow a slowdown in global ad growth and margin pressures. Of the 56 analysts covering Alphabet, 82% have a buy or overweight call on the stock, at a mean target price of $152.77, according to FactSet.
Persons: Morgan Stanley, Brian Nowak, CNBC's, Nowak, Bard, Google's, Alphabet Morgan Stanley, Morgan, , Isabella Lok Organizations: Meta, Apple, Microsoft, Nvidia, Google, Google's Gemini, Alphabet, YouTube, Cloud, SBC Locations: Asia, Singapore
Shares of tech giant Meta Platforms are set to jump over 10% in the next 12 months, according to Brian Nowak, an equity analyst at Morgan Stanley. While Meta has been on investors' radars, the stock was under pressure last month during a recent tech sell-off. META YTD mountain Year-to-date share price of Meta Going forward, Nowak remains overweight on the tech giant. Nowak also believes the tech giant's strength comes from the discipline on its operating expenditure. It will also result in incremental Reels ad revenue of $11.4 billion in 2024 and $12.9 billion in 2025, the analysts led by Nowak detailed.
Persons: Brian Nowak, Morgan Stanley, Susan Li's, , Li, Nowak, CNBC's, , Isabella Lok Organizations: Meta, Apple, Microsoft, Nvidia, Tesla, Facebook Locations: U.S
What’s in Our Queue? ‘Paatal Lok’ and More
  + stars: | 2023-11-08 | by ( Sameer Yasir | ) www.nytimes.com   time to read: 1 min
When Anjan Sundaram’s book “Stringer: A Reporter’s Journey in the Congo” was published, I wasn’t a journalist, but it helped me make the transition. Part memoir, part reportage, with terrific storytelling that reminds me of V.S. Naipaul, “Stringer” tries to address endless brutalities in the African country. I am reading it for the third time.
Persons: Anjan, “ Stringer, Congo ”, V.S, Naipaul, “ Stringer ” Locations: Congo
The culinary delights hidden inside Hong Kong’s markets
  + stars: | 2023-10-20 | by ( Maggie Wong | ) edition.cnn.com   time to read: +11 min
Hong Kong CNN —Offering everything from Michelin-endorsed dim sum to juicy smoked goose served in a world-renowned restaurant, Hong Kong is home to some of the finest culinary experiences on the planet. But don’t fret – we have put together a list of eight top-quality Hong Kong markets along with some of the best dishes to try. Queen Street Cooked Food MarketQueen Street Market serves some of the most authentic Chiuchow -- a regional Cantonese cuisine -- dishes. Maggie Wong/CNNA foodie haven in the north of Hong Kong, Yuen Long is a hub for both modern and traditional eateries. The relatively run-down look of the Fa Yuen Street Cooked Food Market inside only adds to the charm.
Persons: , Lui Ka Chun, Kongers, Lui, , Wai Kee, Maggie Wong, Kau Kee, ngau, jyu beng, Kan, Hong Kong’s, Lok Yuen, yuen yeung, Tsang Kee, Chan Chun Kee, suckling, Tai Po Hui, Lam Kee, Tung Kee, Ping Kee, Ng Zai Kee, Bon, Tsun, CNN Kwun, Long, Tim Kee, Yuen Long, it’s, Kee’s, Fa, Mui Kee Congee, Shau Kee Wan Organizations: CNN, Hong Kong CNN, Michelin, Lok, Market, Queen, Thai &, Thai & Vietnam Cuisine, ABC, Tai Po Hui, Food, hawker, Hong Kong’s, Fa Yuen, Kitchen Locations: Hong Kong, Hong, hawker, Kong’s, Kan Kee, Kowloon City, Kowloon Walled City, Lok, Beijing, Thai, Thai & Vietnam, Tai Po, New Territories, Shanghai, Kwun Tong, CNN Kwun Tong, Kowloon, Sichuan, Yuen, Mong Kok, Aldrich, Aldrich Bay, Shau
To determine if a candidate was a good fit for his company, one CEO is said to have consulted a "feng shui" master. From who to hire to where to put their money and when is the best time to get married, more and more people are turning to fortune telling in Singapore. "Especially if it's a C-suite hire, or if it's a very important hire and the companies are unsure. said Chase Woo, managing partner at Hoseiki, a feng shui atelier which also does consultations. Jonathan Lok consulted a feng shui master before picking Jan. 27 to get married.
Persons: Luis Acosta, it's, Benedict, Feng shui, Mark Tan, Tan, Jing, Chase Woo, she's, feng shui, Roslan Rahman, Woo, Jonathan Lok Organizations: Afp, Getty, SINGAPORE, Way, Singapore's Department of Statistics, Singapore's Ministry of Manpower, Tripartite, country's Association of Small, Enterprises, Fengshui, Nurphoto Locations: Singapore
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