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Australian golfer Jeffrey Guan has vowed to return to the sport and “conquer any obstacle” after he was struck in the face by a golf ball and completely lost sight in his left eye. “The instant ringing and pain rushed to my head, and I dropped to the ground,” Guan wrote. Any activity that required energy, including walking and eating, would leave him in “excruciating pain,” he wrote. Though he missed the cut, “just competing in the event was a massive accomplishment,” Golf Magazine wrote. He had recently signed a deal with Sportfive, a sports marketing company based in Germany that also represents Spanish professional golfer Jon Rahm.
Persons: Jeffrey Guan, ” Guan, , , Guan, Guan’s, Jon Rahm Organizations: Catalina Golf Club, PGA Tour, Australia, Australian Sports Foundation, Sportfive Locations: Australian, New South Wales, Australia, , Canberra, Sydney, California, Germany, Spanish
CNN —Australian golfer Jeffrey Guan’s dreams came true in September, as he made his PGA Tour debut. A week later, the 20-year-old was left blinded in one eye after being struck in the face by a golf ball. The freak accident occurred during a pro-am tournament at Catalina Golf Club in New South Wales, Australia. Guan was later airlifted to Canberra, where he underwent surgery on his eye. Guan is a two-time junior national champion in Australia and was primed to start his breakthrough in the professional game.
Persons: Jeffrey Guan’s, Guan, , Organizations: CNN, Catalina Golf Locations: New South Wales, Australia, Canberra, Sydney
She's now selling her startup to WakeCap, a Saudi Arabia-based company that has contracts with many of the kingdom's construction megaprojects such as "desert cities." Instead, Eisnor exited early, selling her startup to help it scale faster. WakeCapBuilt toughFor nine years, Eisnor had a front-row seat at a tech rocketship, Waze, the Israeli-born maps and navigation company. "There is a reality in construction software that a lot of the names that you might know, they're going to be hovering around, say, $10 million in ARR. Eisnor is staying on as chief strategy officer, and Crews by Core's chief technology officer, Gene Gutnik, now leads tech for the combined company.
Persons: Ann Eisnor, Crews, Eisnor, I'm, Caterina Fake's, Hassan Albalawi, Albalawi, Kajima, , WakeCap's Albalawi, they're, Gene Gutnik, WakeCap Organizations: Service, Business, NFX, GV, Google, McKinsey & Company, Autodesk, Core, Core's Locations: Saudi Arabia, United States, Saudi, Silicon, Silicon Valley, Israeli, hyperscale, WeWork
Morgan Stanley upgrades Ciena to overweight from equal weight Morgan Stanley sees "upside potential" for the networking company. Morgan Stanley downgrades Pure Storage to equal weight from overweight Morgan Stanley downgraded the stock mainly on valuation. Goldman Sachs downgrades Birkenstock to neutral from buy Goldman downgraded Birkenstock mainly on valuation. Wells Fargo initiates Skechers at overweight Wells said it's bullish on shares of the footwear company. Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's possible that Tesla could make a phone.
Persons: Piper Sandler, Piper, it's, Edward Jones, Morgan Stanley, Goldman Sachs, Birkenstock, Goldman, Wells, Wedbush, Needham, HAE, TD Cowen, Cowen, Tesla, Oppenheimer, Salesforce Organizations: Products, Devices, AMD, Paramount, Citi, DAR, Barclays, FI, GameStop, McCormick, Procore Technologies, UBS, Nvidia, hyperscalers, Bank of America, Apple, Fortinet Inc Locations: VVV
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinding workers is one of the biggest challenges for construction jobs, says Procore CEOTooey Courtemanche, Procore founder, chair and CEO, joins 'Closing Bell Overtime' to talk what to expect out of the upcoming jobs report, weakness in software, construction and more.
Persons: Tooey Courtemanche
As inflation lingers at a generational high, some stocks stand out for their ability to help investors hedge against the effect of high interest rates better than others. "What ensued was a massive negative correlation between the perception about interest rates and the valuation of growth companies from late in 2021." While a basket of high-quality growth stocks used to be negatively correlated to inflation, meaning their stock prices suffered as inflation turned higher, Trivariate says the relationship has since changed. "Today, the correlation of the high-quality growth basket to our inflation basket is zero," the firm said. In the same report, Trivariate Research shared its basket of high-quality names in the technology sector that have a near-zero correlation to its inflation basket.
Persons: Adam Parker, Morgan Stanley, Trivariate, Morgan Stanley —, Meta Marshall, Raymond James, there's, Simon Leopold, Michael Bloom Organizations: Research, Trivariate, Keysight Technologies, Technologies, JPMorgan, VMware, Broadcom Locations: United States
Cramer's Lightning Round: 'We don't want' AMC
  + stars: | 2024-01-29 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Northrop Grumman's year-to-date stock performance. Stock Chart Icon Stock chart icon John Bean Technologies' year-to-date stock performance. Stock Chart Icon Stock chart icon AMC's year-to-date stock performance. Stock Chart Icon Stock chart icon Procore Technologies' year-to-date stock performance. Procore Technologies : "That's a very, very expensive stock...I say ka-ching ka-ching on some of that one."
Persons: Northrop, I'm, John Bean, AMC's Organizations: Northrop Grumman, John Bean Technologies, AMC, Technologies, Procore Technologies
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCramer's Lightning Round: Northrop Grumman, John Bean Tech, AMC Entertainment'Mad Money' host Jim Cramer weighs in on stocks including: Northrop Grumman, John Dean Tech, AMC Entertainment and Procore Technologies.
Persons: Northrop Grumman, John Bean Tech, Jim Cramer, John Dean Organizations: AMC Entertainment, John Dean Tech, Procore Technologies
About a third, 29% want more flexible work hours, according to Monster's 2024 Work Watch Report. Job search site Glassdoor recently released its Best Places to Work report, including a list of the 100 best large companies to work for based on current and previous employee reviews. Glassdoor looked at which came up the most to decipher the best industries to work for as well. Here are their top four industries, including examples of jobs and how much they pay. TechThere were 31 tech companies on the list, crowning the industry as the best one to work for overall.
Persons: Glassdoor, Daniel Zhao, Zhao, Cassandra Happe, Booz Allen Hamilton, Fannie Mae Organizations: Workers, Tech, WalletHub, Companies, NVIDIA, Procore Technologies, VMWare, Bain & Company . Companies, McKinsey & Company, Booz, Huron Consulting Group, Bain & Company, Finance, Fidelity Investments, Mastercard, & $ Locations: Glassdoor
www.fractalsoftware.comOf the dozens of Fractal startups that have raised a seed round of funding, about half had Bienville Capital lead the deal, according to people familiar with the matter. Others say they knew what they were getting into with a venture studio, where a large ownership position is standard. Brendan Smialowski/AFP via Getty ImagesThe biggest draw for some Fractal founders was its plug-and-play approach. The founder of one Fractal startup remembered a time when his company was struggling to grow its customer base. That firm is raising a new $325 million fund to provide additional funding to Fractal companies exclusively, according to a person familiar with the effort.
Persons: Fractal's, he'd, they'd, Andreessen Horowitz, Mike Furlong, Nate Baker, Bienville, , Brendan Smialowski, Founders, Angela Lee, Furlong, Baker, Ezra Shaw, who'd, who's, It's, Lee, She's, 8VC, Bain, Jeff Greenberg, Omri Bloch, who've, didn't, Stephanie Palazzolo, Melia Russell Organizations: Flatiron Health, Bienville, Insight Partners, Bienville Capital, Getty, Columbia Business School, Alpha, Midwest, Science, Olympic Club, Tiger Global, Craft Ventures, Founders, Vertical Venture Partners, Zag, Crew Capital, Bain Capital, Universal, Foundation, Fifth Locations: Bienville Capital, New York, Bienville, Indio, AFP, Santa Monica , California, Miami, San Francisco, GreenSpark, Columbia, Barti, Aktos, Bessemer, 8VC
Goldman Sachs has named the tech stocks it expects to become more profitable over the next two years. Goldman Sachs believes that the bulk of the margin expansion is yet to come as companies start to realize the full benefits of cost-cutting measures implemented in the first half of 2023. The table below highlights Goldman's five stocks with the biggest upside that are expected to benefit from the above factors. Monday.com Monday.com , a software company that aims to improve efficiency among teams, is also expected to improve its financial performance. Vertex Vertex , a tax software provider, is expected by Goldman Sachs to see a 4.2 percentage point expansion in its operating margins from 2022 to 2024.
Persons: Goldman Sachs, Salesforce, Goldman, Gabriela Borges, Monday.com, Guidewire, Procore, — CNBC's Michael Bloom Organizations: Goldman
The venture studio Fractal Software will no longer start new companies, Insider has learned. Fractal Software, a venture studio that creates startups by hatching its own ideas and hiring founders to execute, has laid off staff and will stop starting new companies, Insider has learned. At least 28 employees, about 25% of staff, have left Fractal in the past six months, according to LinkedIn. Fractal confirmed layoffs occurred starting in December, but would not specify the number of employees affected. Fractal has a few more startups in the pipeline, with a goal of launching 145 companies, two people familiar with the company's strategy said.
Persons: Omri Bloch, That's, Joe Lonsdale's 8VC, Bienville, Melia Russell, Stephanie Palazzolo Organizations: New, Software, Investors, Tiger Global, Bienville Capital, Securities and Exchange Commission, Twitter Locations: New York, 8VC, Bienville
Goldman Sachs predicts shares of this construction software company will surge. "We believe that Procore is well-positioned to deliver upside to its F23 revenue guidance for 26% in F23," Rangan said. The company develops software to oversee both large- and small-scale construction projects from start to finish, as a sort-of one size fits all management program. The industry overall lacks a streamlined method of digitization, and Goldman Sachs highlighted the firm's diversification across a variety of market sizes to support the stock upgrade. PCOR YTD mountain Goldman Sachs thinks shares of Procore Technologies can deliver investors as much as 41% upside from current trading levels.
Paramount Global — The media stock cratered more than 27% after the company slashed its dividend and reported earnings that fell short of analyst expectations. Paramount Global cut is dividend to 5 cents from 24 cents a share, marking its first reduction since 2009. PacWest , First Horizon , Western Alliance — Regional bank stocks were under heavy pressure again on Thursday. Royal Caribbean — The cruise line advanced 6% after the company beat Wall Street expectations for the quarter. The company reported a wider overall loss than expected due to tax expenses related to an IRS settlement.
"We are initiating coverage of ZI with a BUY rating and a $30 target as a rare value investment within software. Citi upgrades Deutsche Bank to buy from neutral Citi said the global investment bank is at an "attractive entry point." " Deutsche Bank is one of the most de-rated banks YTD, yet the 1Q23 results demonstrated potential for further consensus earnings upgrades." Rosenblatt reiterates Apple as buy Rosenblatt said it's standing by its buy rating heading into earnings on Thursday after the bell. " CFRA reiterates Berkshire Hathaway as hold CFRA said it's standing by its "fairly valued" hold rating heading into Berkshire earnings on Saturday.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOptimism is strong in the market, says Procore CEO Tooey CourtemancheTooey Courtemanche, Procore CEO joins 'TechCheck' to discuss his thoughts on the company's guidance for the year and fourth quarter results.
Fifth Wall's Brendan Wallace says today's rough markets are a "proving ground" for the industry. Earlier this year, it announced a $500 million climate fund and a $147 European proptech fund. There are also fewer paths to go public, as the blank-check-company model that takes companies public with fewer disclosures via a merger has dried up. After successfully bringing SmartRent public via its own blank-check company in 2021, Fifth Wall canceled its second blank-check company in March of this year. Procore, which raised $634.5 million in a public offering in May 2021, is an investor in the new Fifth Wall fund.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailProcore CEO on business during downturn: Focus on efficiencies, maintain growthTooey Courtemanche, Procore CEO, joins 'TechCheck' to discuss what customers are demanding that's different now, whether Procore has been pressured to move to a consumption-based model and more.
Chase Coleman's Tiger Global Management continued to grow positions in software and Big Tech during the third quarter after a rough start to the year, according to securities filings. The fund also added significantly to several positions during the third quarter, including Alphabet , DataDog , Workday and Li Auto . Tiger has nearly $11 billion in long equity positions, according to a CNBC calculation. Tech stocks struggled again during the third quarter, with the iShares U.S. Technology ETF falling 8.2%. Tiger's notable exits during the quarter included ProCore Technologies , XPeng , Monday.com and 1Life Healthcare .
În cadrul ultimului din cele 3 ateliere preconizate, membrii Grupului de lucru și CLC Făleștii Noi au elaborat Strategia de comunicare și implicare a cetățenilor în procesul de luare a deciziilor și de monitorizare a investițiilor publice pentru anii 2021-2023. Participanții la eveniment au luat cunoștintă cu textul strategiei, comentariile experților asupra procesului de elaborare participativă a ei, sarcinilor privind monitorizarea, evaluarea și implementarea Strategiei de comunicare și implicare a cetățenilor în procesul de luare a deciziilor și monitorizare a investițiilor publice. La elaborarea ei au participat atat membri Comitetului Local de Cetateni, societatii civile, cat si functionari si consilieri ai Consiliului local Falestii Noi, in frunte cu primarul comunei Vladimir Bejenari. Evenimentul a fost organizat de AO „CUTEZĂTORUL” în colaborare cu AO „Noi viitorul luminos”, Consiliul raional Fălești, primăria orasului, DPGCL Fălești și Consiliul raional al tinerilor. Partenerii proiectului pentru regiunea Nord sunt AO Pro Cooperare Regională și AO CASMED.
Persons: Vladimir Organizations: Evenimentul, Uniunii Europene, UE, Uniunea Europeană, Agenția, Cooperare, Germaniei Locations: Fălești, Republica Moldova, Nord
AO „Pro Cooperare Regională” în parteneriat cu AO „CASMED” anunță lansarea celui de-al II-lea apel al Programului de Granturi Locale, derulat în cadrul proiectului „Angajarea cetățenilor și societății civile în procesul de luare a deciziilor și dezvoltare locală sustenabilă”. Raioanele eligibile pentru participare la apel sunt: Briceni, Ocnița, Edineț, Soroca, Dondușeni, Drochia, Rîșcani, Glodeni, Fălești, Florești, Sîngerei și municipiul Bălți. Suma disponibila pentru apelul II al Programului de Granturi Locale constituie 81.160 euro. Detalii despre procedura de selectare și depunere a dosarului pot fi accesate pe paginile: www.eu4civilsociety.md; www.procore.md; www.casmed.md. În regiunea de Nord, partenerii proiectului sunt AO „Pro Cooperare Regională” și AO Centrul de Asistenţă Socio-Medicală la Domiciliu „CASMED”.
Persons: - Organizations: Uniunii Europene, Uniunea Europeană, Agenția, Cooperare, Germaniei, Civile, UE Locations: Republica Moldova, Regiunea, Republicii Moldova, Briceni, Ocnița, Edineț, Soroca, Dondușeni, Drochia, Rîșcani, Fălești, Florești, Sîngerei, Bălți, Nord
UE // Invitație la concurs prin cererea ofertelor de prețuriAsociația Obștească „Pro Comunitate Băhrinești” este beneficiară a Programului de granturi locale al Uniunii Europene și implementează proiectul „Cetățeni activi pentru apă potabilă în localitățile grupului VEST din r. Soroca”, în parteneriat cu Primariile Dărcăuți, Bădiceni, Baxani, Visoca r. Soroca. Programul de granturi locale este acordat pentru Republica Moldova (2017-2020) în baza Cadrului Unic de Sprijin a UE, din cadrul Instrumentului European de Vecinătate, prin intermediul proiectului „Abilitarea cetățenilor din Republica Moldova” (2019-2021), finanțat de către Uniunea Europeană și implementat de Agenția de Cooperare Internațională a Germaniei (GIZ). Partenerii proiectului pentru Regiunea Nord sunt AO Pro Cooperare Regională și AO CASMED. Valoarea estimativă a lucrărilor inclusiv Taxa pe Valoare Adăugată (TVA) la cota zero constituie 553.125 lei. Date de contact la care puteți solicita documentația concursului (Invitația-Anunț, Formularul Standard al Documentului Unic de Achiziții European, Caietul de sarcini) și informații suplimentare: Coordonator proiect Bunescu Feodosia 069376144; email gal.luncarautului@gmail.com
Organizations: Uniunii Europene, UE, Uniunea Europeană, Agenția, Cooperare, Germaniei, Regiunea Locations: Soroca, Bădiceni, Baxani, Republica Moldova, Regiunea Nord, cișmele, Bunescu
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