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☆ Elon Musk downsized Big Tech. Can he do the same to Big Government?
▼ + stars: | 2024-11-17 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +11 min

And to run the new cost-cutting department, Trump tapped the businessman he calls the world's "greatest cutter" — Elon Musk. If you're looking to take a chainsaw to the federal government, Musk seems perfectly suited to the job. When it comes to federal spending, one person's waste is another person's bread and butter. And his massive investments in electric vehicles and social media are dependent on all sorts of federal spending and oversight. Musk has acknowledged that Americans will feel "hardship" as a result of the cuts he wants to see implemented.

Persons: Donald Trump, Trump, Elon Musk, Musk, cochair, Vivek Ramaswamy, Ronald Reagan —, There's, Michael Morris, Morris, it's, Andy Wu, Linda Bilmes, Ronald Reagan, Joel Friedman, Brian Hughes, DOGE, Reagan, Ramaswamy, It's, Sam, Uncle, Elon Organizations: Department of Government, Twitter, Tesla, SpaceX, Defense Department, IRS, Columbia Business School, Harvard Business School, Government, Harvard Kennedy School, Office, GAO, Fox News, Budget, Federal Aviation Administration, Veterans Administration, — Locations: Ecuador, Independence

☆ Earnings playbook: Disney and this home improvement giant are slated to report as the season winds down
▼ + stars: | 2024-11-10 | by ( Fred Imbert | ) www.cnbc.com time to read: +4 min

Tuesday Home Depot is set to report earnings in the premarket. What history shows: Data from Bespoke Investment Group shows Home Depot has beaten earnings expectations for 17 straight quarters. What history shows: Live Nation shares have risen after the last four earnings releases, per Bespoke. What history shows: Disney has not done well following the last two releases, losing 4.5% and 9.5%, respectively. Applied Materials is set to report earnings after the open.

Persons: LSEG, Michael Lasser, Morgan Stanley, Walt Disney, Michael Morris Organizations: Depot, Disney, CNBC, UBS, Home, Investment Group, Consumer, VanEck Semiconductor

☆ Guggenheim on Netflix earnings: Great quarter reinforces buy rating, long-term stock opportunity
▼ + stars: | 2024-10-18 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGuggenheim on Netflix earnings: Great quarter reinforces buy rating, long-term stock opportunityMichael Morris, Guggenheim Securities entertainment and media analyst, joins 'Squawk on the Street' to discuss Netflix's quarterly earnings results, concerns around slowing operating margin expansion, and much more.

Persons: Michael Morris Organizations: Guggenheim, Netflix, Guggenheim Securities

☆ Bridging the U.S. political divide: Tribalism impact on politics and college campuses
▼ + stars: | 2024-10-03 | 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 EmailBridging the U.S. political divide: Tribalism impact on politics and college campusesMichael Morris, Columbia University professor and ‘Tribal’ author, joins 'Squawk Box' to discuss tribalism in the U.S., the impact it has on the U.S. political landscape, college campuses, and more.

Persons: Michael Morris Organizations: Columbia University Locations: U.S

☆ Lawyer for mob boss Whitey Bulger tapped to be lead prosecutor in Karen Read retrial
▼ + stars: | 2024-09-19 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +3 min

A lawyer who represented Boston gangster James “Whitey” Bulger will prosecute Karen Read, whose murder trial in the death of her Boston police officer boyfriend ended with a hung jury, when the case is retried, officials said Wednesday. In a statement, Norfolk County District Attorney Michael Morrissey said he appointed attorney Hank Brennan to lead the effort to retry Read as special assistant district attorney. Morrissey described Brennan as a skilled former prosecutor and a long-time defense attorney with an expertise in complex law enforcement matters. Brennan was a longtime lawyer for Bulger before the crime boss was killed in a federal prison in West Virginia in 2018. The lead prosecutor in the case, assistant district attorney Adam Lally, will remain on the team that will retry Read, according to Morrissey’s statement.

Persons: James “ Whitey ” Bulger, Karen Read, Michael Morrissey, Hank Brennan, retry Read, Morrissey, Brennan, Read, John O’Keefe, ”, Bulger, O’Keefe, Adam Lally, —, Michael Proctor, Proctor Organizations: Boston, Boston Police Department, Boston Sergeant, Prosecutors, Lexus, Massachusetts, Police Locations: Norfolk County, West Virginia, Canton, Boston

☆ Roku: Guggenheim upgrades the stock to 'buy'
▼ + stars: | 2024-08-23 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRoku: Guggenheim upgrades the stock to 'buy'Michael Morris, Guggenheim senior managing director and equity analyst, joins 'Money Movers' to discuss Roku as the stock receives a buy upgrade from Guggenheim.

Persons: Michael Morris Organizations: Guggenheim

JMP Securities upgraded Warby Parker to market outperform, calling for more than 40% upside. The financial firm upgraded shares of the streaming technology provider to buy from neutral. Analyst Michael Morris also established a 12-month price target of $75, which is approximately 21% higher than where shares closed on Thursday. Peloton stock is down 25% on the year. His price target of $20 implies upside of 44% from Thursday's close.

Persons: Warby Parker, Michael Morris, Morris, — Lisa Kailai Han, Wells, Wells Fargo, Edward Kelly, Kelly, BJ's, BJ, Lisa Kailai Han, Piper Sandler, Anna Andreeva, Andreeva, it's, Piper, Doug Anmuth, Anmuth, Nicholas Jones, Jones, Fred Imbert Organizations: CNBC, JMP Securities, JPMorgan, Guggenheim, BJ's, BJ's Wholesale, LT, Costco, CF Subs, Revenue, Warby, Warby Parker Inc Locations: ROKU, Chewy, Thursday's

Morgan Stanley raised its price target on Rivian to $17 from $13. Analyst Frank Lee did raise his price target to $200 from $190, although he added that "the risk-reward is less attractive now." Guggenheim hiked the price target to $735 per share from $700. He did raise his price target for the stock to $225 from $180, although this price hike still implies that Tesla stock could fall 12%. Analyst Adam Jonas raised his price target on the stock to $17 from $13.

Persons: Morgan Stanley, Jefferies, Frank Lee, Lee, Lisa Kailai Han, Michael Morris, Morris, Guggenheim, — Jesse Pound, Morgan Stanley's Simeon Gutman, Gutman, Seth Sigman, Truist, – Samantha Subin, TD Cowen downgrades Charles Schwab, Charles Schwab's, TD Cowen, Bill Katz, Charles Schwab, Katz, mgmt, — Lisa Kailai Han, Wells, Bank of America Wells, Mike Mayo, Mayo, Goliath, Dan Levy, Levy, Dennis Geiger, Geiger, Thomas Fitzgerald, Fitzgerald, David Windley, UnitedHealth's, Windley, UNH, Adam Jonas, Rivian, Jonas, Fred Imbert Organizations: CNBC, HSBC, Qualcomm, Microsoft, Netflix, Guggenheim, Barclays, ISI, Citi, Mizuho, Bank of America, of America, Tesla, UBS, Sweetgreen, sss, IK, TD Cowen downgrades, Airlines, American Airlines, Delta, Jefferies, Presidential, Chevron, Volkswagen Locations: China, Tuesday's, Mayo, U.S, Tesla's, UnitedHealth, UNH's

☆ Disney is an outstanding asset, says Guggenheim's Michael Morris
▼ + stars: | 2024-05-07 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney is an outstanding asset, says Guggenheim's Michael MorrisMichael Morris, Guggenheim Securities entertainment & media analyst, joins 'Squawk on the Street' to discuss Disney as shares fall on its Q2 earnings results.

Persons: Guggenheim's Michael Morris Michael Morris Organizations: Guggenheim Securities, Disney

☆ Karen Read trial: Boston cop John O’ Keefe’s girlfriend goes on trial for murder
▼ + stars: | 2024-04-16 | by ( Faith Karimi | ) edition.cnn.com time to read: +8 min

O’Keefe’s body was found in the snow on January 29, 2022, outside the home of a fellow Boston police officer in Canton, Massachusetts. Boston Police Department/AP“It’s fair to say a large number of people in Massachusetts know about this case,” Medwed told CNN. As the trial gets underway at the Norfolk County Superior Court building in Dedham, Massachusetts, here are the key highlights. The body of police officer John O'Keefe was found near the fire hydrant outside this home on Fairview Road in Canton, Massachusetts. Protesters gather outside the courthouse during a recent pretrial hearing for Karen Read at Norfolk County Superior Court in Dedham, Massachusetts.

Persons: John O’Keefe, Karen Read, Daniel Medwed, John O'Keefe, ” Medwed, haven’t, Read, Craig F, Walker, Alan Jackson, David Yannetti, Jackson, O’Keefe, ” Jackson, “, Kevin Reddington, Michael Morrissey, ” Morrissey, David L, Ryan, Adam Lally, “ It’s, ” Lally, Helena Rafferty, Karen Read ”, Beverly Cannone, Cannone, ” Cannone, Read’s Organizations: CNN, Boston Police, Boston, Lexus, Northeastern University . Boston Police, Boston Police Department, Court, Boston Globe, US, Office, District of, Massachusetts State Police, Protesters, Superior, WFXT, Canton Police Locations: Canton , Massachusetts, Canton, Norfolk County, Boston, Massachusetts, Norfolk, Dedham , Massachusetts, Fairview, …, Aruba, District of Massachusetts, Superior Court

☆ Netflix: Guggenheim raises its price target on the stock to $700
▼ + stars: | 2024-04-16 | 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 EmailNetflix: Guggenheim raises its price target on the stock to $700Michael Morris, Guggenheim Securities analyst, joins 'Squawk on the Street' to discuss his confidence in Netflix, why the company's total addressable market could expand, and more.

Persons: Michael Morris Organizations: Netflix, Guggenheim, Guggenheim Securities

☆ Here's what to know about 'Bridget Jones: Mad About the Boy,' as Renée Zellweger and Hugh Grant are set to return for fourth film — but not Colin Firth
▼ + stars: | 2024-04-10 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +2 min

The latest "Bridget Jones" sequel, "Mad About The Boy," premieres on Peacock on February 14, 2025. AdvertisementRenée Zellweger, Hugh Grant, and Emma Thompson are returning to the "Bridget Jones" franchise for a fourth film — but won't be joined by fan-favorite Colin Firth. Helen Fielding, the author of the "Bridget Jones" novels on which the movies are based, told RadioTimes in October 2022 that she was ready to adapt the third book in the series "Bridget Jones: Mad About the Boy." Here's what to know about the cast and plot of "Bridget Jones: Mad About the Boy." Spoilers ahead for "Bridget Jones: Mad About the Boy" and "Bridget Jones's Baby."

Persons: Bridget Jones, Peacock, Renée Zellweger, Hugh Grant, Emma Thompson, Leo Woodall, Chiwetel, Colin Firth, —, Helen Fielding, RadioTimes, Michael Morris, Zellweger, Grant, Firth, Bridget Jones's, Zellweger's, Bridget Jones's Baby Organizations: Service, Office Mojo Locations: U.S

☆ Investors are surprised by Warner Bros. Discovery's lack of full-year guidance: Guggenheim's Morris
▼ + stars: | 2024-02-23 | 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 EmailInvestors are surprised by Warner Bros. Discovery's lack of full-year guidance: Guggenheim's MorrisMichael Morris, Guggenheim Securities entertainment and media analyst, joins 'Squawk on the Street' to discuss what Morris makes of Warner Bros. Discovery's quarterly earnings results, why the company decided not to release full-year guidance, and more.

Persons: Guggenheim's Morris Michael Morris, Morris Organizations: Investors, Warner Bros, Guggenheim Securities

(AP) — A second Rhode Island man charged with assault and battery and disorderly conduct in connection with the death of a fan at a New England Patriots game pleaded not guilty Friday. In a brief court appearance, Justin Mitchell, 39 was arraigned in Wrentham District Court over allegations he and 59-year-old John Vieira, both from Warwick, Rhode Island, punched 53-year-old Dale Mooney, of Newmarket, New Hampshire. Vieira pleaded not guilty last week. The Office of the Chief Medical Examiner provided preliminary indications that did not suggest traumatic injury, but did identify a medical issue, according to the district attorney’s office. Political Cartoons View All 253 ImagesFinal determinations delivered to the Norfolk District Attorney’s Office ruled the manner of death a homicide.

Persons: —, Justin Mitchell, John Vieira, Dale Mooney, Vieira, Mitchell, Mooney, Michael Morrissey Organizations: Rhode, New England Patriots, Gillette Stadium, Miami Dolphins, Attorney’s Locations: Wrentham District, Warwick , Rhode Island, Newmarket , New Hampshire, Norfolk

☆ Bob Iger has been 'fixing' Disney and putting the company in a position to grow: Guggenheim's Morris
▼ + stars: | 2023-11-20 | 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 EmailBob Iger has been 'fixing' Disney and putting the company in a position to grow: Guggenheim's MorrisMichael Morris, Guggenheim Securities media and entertainment analyst, joins 'Squawk on the Street' to discuss why Morris would give Iger a B grade in his first year back as Disney CEO, Morris' expectations for fixing the general entertainment business, and how the analyst would judge Disney's position relative to peers.

Persons: Bob Iger, Guggenheim's Morris Michael Morris, Morris Organizations: Disney, Guggenheim Securities

☆ Here's why Warner Bros. Discovery stock is down
▼ + stars: | 2023-11-08 | 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 EmailHere's why Warner Bros. Discovery stock is downMichael Morris, Guggenheim Securities entertainment and media analyst, joins 'Squawk on the Street' to discuss what's pressuring Warner Bros. Discovery's stock, his reaction to WBD's forward guidance, and what surprised Wall Street.

Persons: Michael Morris, Wall Organizations: Warner Bros, Guggenheim Securities

☆ AI will be a multi-trillion dollar opportunity for the industry at large, says Guggenheim's Morris
▼ + stars: | 2023-10-25 | 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 EmailAI will be a multi-trillion dollar opportunity for the industry at large, says Guggenheim's MorrisMichael Morris, Guggenheim Securities entertainment & media analyst, and CNBC's Julia Boorstin\ join 'Squawk on the Street' to discuss Google's earnings miss on its cloud business, whether the stock deserves to be punished how it has.

Persons: Guggenheim's Morris Michael Morris, CNBC's Julia Boorstin \ Organizations: Guggenheim Securities

☆ Alphabet shares plummet after cloud revenue falls short. What the pros say to do next
▼ + stars: | 2023-10-25 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlphabet shares plummet after cloud revenue falls short. What the pros say to do nextJim Cramer, veteran tech investor Paul Meeks, Michael Morris of Guggenheim Securities, Stephanie Link of Hightower Advisors and Jason Snipe of Odyssey Capital Advisors discussed Alphabet after the company reported third-quarter results that beat on the top and bottom lines but missed on cloud revenue estimates.

Persons: Jim Cramer, Paul Meeks, Michael Morris, Stephanie Link, Jason Snipe Organizations: Guggenheim Securities, Hightower Advisors, Odyssey Capital

☆ Paramount's Shari Redstone is open for business, but business may not be open for her
▼ + stars: | 2023-10-22 | by ( Alex Sherman | ) www.cnbc.com time to read: +11 min

Paramount Global 's controlling shareholder is open to a merger or selling the company at the right price, according to people familiar with her thinking. Spokespeople for Redstone and Paramount Global declined to comment. Paramount Global's market value was below $8 billion as of Friday. Discovery could merge with Paramount Global, though putting together Warner Bros. and Paramount Pictures may hold up deal approval with U.S. regulators. Paramount Global isn't actively working with an investment bank on a sale, according to people familiar with the matter.

Persons: Shari Redstone, David A, CNBC Shari, Jon Miller, SpongeBob, Guggenheim, Michael Morris, Morris, Warren Buffett, Berkshire Hathaway, Bob Bakish, Bakish, Wells, Steven Cahall, Cahall, CNBC's David Faber, Lina Khan, Laura Martin, haven't, Simon, Simon & Schuster, Sumner Redstone, NAI, Jim Cramer Organizations: National Amusements, Paramount Global, Allen & Company Sun Valley, Grogan, CNBC, Paramount, Redstone, Integrated Media, Advancit, Paramount Pictures, CBS, MTV, Nickelodeon, Comedy Central, BET, Showtime, NFL, Champions League, Viacom, Berkshire, Paramount Global's, Tech, Apple, YouTube, National Football, Federal Trade, Big Tech, Comcast, NBC, Fox, Disney, Needham & Co, Netflix, Bain, Co, Warner Bros, Sky, Scripps, Discovery, Simon &, MSD Partners Locations: Sun Valley , Idaho, Los Angeles , California, U.S

☆ We continue to be bullish on the long-term prospects for Netflix, says Guggenheim's Michael Morris
▼ + stars: | 2023-10-18 | 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 EmailWe continue to be bullish on the long-term prospects for Netflix, says Guggenheim's Michael MorrisSean McNulty, contributor at The Ankler, and Michael Morris, Guggenheim Securities entertainment and media analyst, join 'Power Lunch' to discuss Netflix as the streaming giant reports its earnings after the bell, whether investors favor the company, and more.

Persons: Guggenheim's Michael Morris Sean McNulty, Michael Morris Organizations: Netflix, Guggenheim Securities

☆ The Charter-Disney showdown didn't transform the TV industry, after all, despite the hype
▼ + stars: | 2023-09-11 | by ( Alex Sherman | ) www.cnbc.com time to read: +4 min

Charter and Disney have reached a rights deal, and the media industry was duped. Slate's headline the same day honed in further: "Disney Is in a Fight That Might Change TV Forever." But there's a reason why Dolan discussed this concept a decade ago and still linear cable TV exists. Charter still makes money by offering linear cable TV. Comcast , the largest U.S. cable TV provider, owns a slew of cable networks.

Persons: Devin Singletary, Michael Morris, Chris Winfrey, Winfrey, Goldman, CNBC's David Faber, Aaron Rodgers, haven't, Jim Dolan, Dolan, It's, it's Organizations: Buffalo Bills, New York Jets, Highmark, Charter, Disney, Street Journal, Marks, CNBC, Guggenheim Securities, ESPN, ABC, U.S, Cablevision, Comcast, DirecTV Locations: Orchard Park , New York, Goldman Sachs, New York

☆ The Charter-Disney will shape distribution contracts going forward, says Guggenheim's Michael Morris
▼ + stars: | 2023-09-05 | 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 Charter-Disney will shape distribution contracts going forward, says Guggenheim's Michael MorrisMichael Morris, Guggenheim Securities entertainment and media analyst, joins 'Squawk on the Street' to discuss the ongoing dispute between Disney and Charter Communications, media valuation multiples trading at a discount as pressure from strikes mount.

Persons: Guggenheim's Michael Morris Michael Morris Organizations: Disney, Guggenheim Securities, Charter Communications

☆ Wells Fargo cuts price target on Disney. Here's what the pros say to do next
▼ + stars: | 2023-09-05 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWells Fargo cuts price target on Disney. Here's what the pros say to do nextJim Cramer, Rich Greenfield of LightShed Partners, Michael Morris of Guggenheim Securities and Joe Terranova of Virtus Investment Partners discussed Disney after Wells Fargo cut its price target on the stock to $110 from $146 but is keeping its 'overweight' rating.

Persons: Jim Cramer, Rich Greenfield, Michael Morris, Joe Terranova, Wells Organizations: Disney, LightShed Partners, Guggenheim Securities, Virtus Investment Partners

☆ Disney has a math problem as it strives to compete with Netflix, Wall Street analysts warn. Here's why Bob Iger is destined to make a $9 billion bet on Hulu anyway.
▼ + stars: | 2023-06-16 | by ( James Faris | ) www.businessinsider.com time to read: +11 min

Disney CEO Bob Iger must decide whether to acquire all of Hulu and fold it into Disney+. By buying all of Hulu, Disney could integrate its content into Disney+, which would make the flagship Disney streamer a formidable challenger to Netflix. "You look at the Disney+ bundle with Disney+, Hulu, and ESPN+, and it's a pretty powerful combination," Nispel told Insider. Currently, the ad versions of Hulu and Disney+ each cost $8 per month while ad-free Hulu and Disney+ cost $15 and $11, respectively. The consensus among analysts about Disney's Hulu dilemma was neatly summarized by Barton Crockett of Rosenblatt Securities, whose price target implies 26% upside for Disney.

Persons: Bob Iger, Iger, that's, Joe Bonner, Brandon Nispel, Nispel, Disney's, Wells, Steven Cahall, Cahall, Hulu, Michael Morris, He's, Morris, Disney, Will Iger, Barton Crockett, Crockett Organizations: Disney, Hulu, Comcast, Netflix, Wall, Argus Research, KeyBanc, ESPN, TAM, Rosenblatt Securities Locations: Hulu

☆ Disney is playing the long game in business structure, says Guggenheim's Michael Morris
▼ + stars: | 2023-05-19 | 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 EmailDisney is playing the long game in business structure, says Guggenheim's Michael MorrisMichael Morris, Guggenheim Securities, joins 'Squawk on the Street' to discuss Morris' reaction to Disney's decision to scrap its new campus plans, Morris' expectations to the company's cost-cutting efforts and how the decline of linear networks will impact Disney's business.

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