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☆ CrowdStrike beats quarterly consensus but lowers full-year guidance
▼ + stars: | 2024-08-28 | by ( Jordan Novet | ) www.cnbc.com time to read: +4 min

Annual recurring revenue was $3.86 billion, just above the StreetAccount consensus of $3.85 billion. With respect to guidance, CrowdStrike called for adjusted net earnings of 80 cents to 81 cents per share on $979.2 million to $984.7 million in revenue. For the 2025 fiscal year, CrowdStrike now sees $3.61 to $3.65 in adjusted earnings per share and $3.89 billion to $3.90 billion in revenue. That is down from management's June forecast for adjusted earnings per share of $3.93 to $4.03 and revenue between $3.98 billion to $4.01 billion. The adjusted guidance excludes costs tied to the outage.

Persons: George Kurtz, Burt Podbere, Gray Powell, Trevor Rambo, BTIG, CrowdStrike, Podbere, Kurtz Organizations: Delta Air Lines, Travelers, CrowdStrike Locations: management's

☆ What is China’s ‘monster’ coast guard ship and why is the Philippines spooked by it?
▼ + stars: | 2024-07-08 | by ( Brad Lendon | ) edition.cnn.com time to read: +6 min

“It’s an intimidation on the part of the China Coast Guard,” Tarriela said during a forum on Saturday, according to a Reuters report. Powell and other analysts say intimidation is one of the main jobs of the CCG-5901, which is larger than any regular coast guard ship in the world (a specialty US Coast Guard icebreaker is bigger) and even outsizes US Navy destroyers. The US Coast Guard, for instance, is part of the US Department of Homeland Security, not the Defense Department, although US Coast Guard vessels can come under US Navy control in certain scenarios. The China Coast Guard is part of the country’s People’s Armed Police, which is under the command of the Central Military Commission. The China Coast Guard “doesn’t want to be outdone thus this monster came along to show who’s got a bigger set of muscles,” Koh said.

Persons: ”, Jay Tarriela, Sabina Shoal, Tarriela, BRP Teresa Magbanua, “, ” Tarriela, “ We’re, we’re, Shoal, wasn’t, Ray Powell, SeaLight, ” Powell, Powell, Arleigh Burke, ‘, ” Carl Schuster, Collin Koh, Teresa Magbanua, who’s, ” Koh Organizations: CNN, Philippine, Philippine Coast Guard, China Coast Guard, United, Coast, National Security, BRP, Stanford University, Coast Guard, US, Guard’s National Security Cutters, Chinese Coast Guard, CNN Coast, US Coast Guard, US Department of Homeland Security, Defense Department, Armed Police, Central Military Commission, Analysts, Pacific Command’s Joint Intelligence Center, Guard, Rajaratnam, of International Studies Locations: China, Philippines, Beijing, Manila, South China, Sabina, Spratly, Philippine, Palawan, The Hague, Singapore

☆ Here are the top stocks to own for the second half, according to BTIG
▼ + stars: | 2024-07-06 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

BTIG shared its newest additions to its list of top stock picks heading into the second half of 2024. With this backdrop in mind, BTIG shared its list of top stock picks going into the second half of the year. However, analyst Janine Stichter's $425 price target implies that shares could rise about 42% from Friday's close. Her price target of $156 is approximately 37% higher than the stock's Friday closing price of $113.69. Other existing names on BTIG's list of top stock picks include Steve Madden , Block and Domino's Pizza .

Persons: BTIG, Jonathan Krinsky, Russell, Krinsky, Janine Stichter's, LULU, Northrop Grumman, Andre, Madrid, Marie Thibault, Thibault, Okta, Gray Powell, Steve Madden Organizations: Aerospace, Northrop, of Locations: Friday's

☆ China Deploys Dozens of Ships to Block Philippine Protest Flotilla
▼ + stars: | 2024-05-14 | by ( Chris Buckley | Camille Elemia | ) www.nytimes.com time to read: +1 min

China has sent dozens of coast guard and maritime militia vessels toward a disputed atoll in the South China Sea, a large show of force aimed at blocking a civilian protest flotilla from the Philippines, as tensions between the countries have flared. The Filipino group organizing the flotilla of about 100 small fishing boats, led by five slightly bigger ones, said it wanted to assert the Philippines’ claims to Scarborough Shoal, an atoll controlled by Beijing that is closer to Manila. But even before the motley Philippine fleet set out on Wednesday morning, China deployed a formidable contingent of much bigger government-run ships to the area, an intimidating escalation of its frequent assertions of control over vast expanses of sea far from its mainland. “What we’re seeing this time, I would say, is definitely of another order,” said Ray Powell, the director of SeaLight, a group that monitors the South China Sea. “I think that the China Coast Guard is concerned that they’re going to try to sort of get too close and so they’re sending an overwhelming force.”

Persons: ”, Ray Powell Organizations: Philippine, China Coast Guard Locations: China, South China, Philippines, Scarborough, Beijing, Manila

☆ South China Sea: On board an outnumbered Philippine ship facing down Chinese aggression
▼ + stars: | 2024-03-06 | by ( Rebecca Wright | Ivan Watson | ) edition.cnn.com time to read: +15 min

Near Second Thomas Shoal, South China Sea CNN —As dawn slowly broke on the horizon, a large fleet of Chinese vessels came into view from the deck of a Philippine Coast Guard ship as it entered the contested waters of the South China Sea. Filipino soldiers on the dilapidated Sierra Madre ship, anchored near the Second Thomas Shoal in the South China Sea, on May 11, 2015. The US military also maintains a regular presence in the South China Sea, with aircraft overflights, so-called “freedom of navigation” operations, and patrols and exercises with allies and partners to assert that the South China Sea is an international waterway. The Philippine Coast Guard said it counted five China Coast Guard vessels and 18 boats belonging to Beijing’s “maritime militia." Rebecca Wright/CNNTarriela, the Coast Guard spokesperson, said a China Coast Guard vessel had come within 20 yards (60 feet) of the Cabra.

Persons: David, Goliath, “, ”, Thomas Shoal, Rebecca Wright, Sabina, Ritchie, Jiao, –, Jay Tarriela, Mao Ning, China Coast Guard “, Thomas, Ferdinand “ Bongbong ” Marcos Jr, Rodrigo Duterte, Marcos Jr, Jose Manuel Romualdez, CNN Tarriela, Tomas Etzler, Erik de Castro, month’s, ” Tarriela, ‘, Collin Koh, ” Koh, Ray Powell, SeaLight, “ Will, ” Powell, we’ve Organizations: South China, CNN, Philippine Coast Guard, Philippine, Armed Forces, China Coast Guard, ” CNN, Philippine Navy, Coast Guard, Foreign Ministry, Sierra Madre, Center for Strategic, Studies, China Power, Ministry, Washington, Philippine News Agency . Diplomacy, Coast Guardians, Guard, Madre, Reuters, USS, China, Rajaratnam, of International Studies, National Security, Stanford University Locations: South, South China, Philippines, United States, Philippine, China, Bulilyan, Palawan, Sierra Madre, Sierra, The Philippines, Vietnam, Malaysia, Brunei, Taiwan, Madre, Hague, Beijing, China’s, Manila, Shanghai, Singapore

☆ Top Wall Street analysts recommend these stocks for a long-term horizon
▼ + stars: | 2023-11-26 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Wall Street experts are able to delve into the details and determine which stocks might have the best prospects for the long term. Here are five stocks favored by the top pros on the Street, according to TipRanks, a platform that ranks analysts based on their past performance. Saleh holds the 504th position among more than 8,600 analysts on TipRanks. (See Domino's Options Activity on TipRanks)Palo Alto NetworksAnother BTIG analyst, Gray Powell, is bullish on cybersecurity company Palo Alto Networks (PANW). Feinseth ranks No.337 among more than 8,600 analysts on TipRanks.

Persons: Peter Saleh, Saleh, Uber, Gray Powell, Powell, billings, Goldman Sachs, Kash Rangan, Rangan, TipRanks, Ivan Feinseth, Feinseth Organizations: Domino's, TipRanks, Palo Alto Networks, Google Cloud, Tigress, Intel Locations: Palo, billings, TipRanks

☆ Australian leader Albanese accuses Chinese navy of ‘dangerous’ conduct
▼ + stars: | 2023-11-20 | by ( Nectar Gan | Brad Lendon | ) edition.cnn.com time to read: +5 min

CNN —Australian Prime Minister Anthony Albanese has accused the Chinese navy of “dangerous, unsafe and unprofessional” conduct after an incident in international waters near Japan, marking a potential friction point with Beijing weeks after he visited the Chinese capital to stabilize relations. Australian divers aboard the long-range frigate HMAS Toowoomba were trying to clear fishing nets from its propellers on November 14 when a Chinese destroyer approached, Defense Minister Richard Marles said in a statement Saturday. Despite being warned that a diving operation was underway, the Chinese destroyer operated its sonar in a manner that “posed a risk to the safety of the Australian divers,” the statement said. In the Sky News interview, Albanese sidestepped a question on whether the incident will make bilateral relations “look shaky” now. And this is one of those times where we disagree with the action of China,” Albanese said.

Persons: Anthony Albanese, Richard Marles, Albanese, ” Albanese, Xi Jinping, “, ”, “ We’ve, Marles, Ray Powell, SeaLight, Powell, ” Powell Organizations: CNN, Australian, Defense, Sky News, APEC, China’s Defense Ministry, Liberation Army Navy, PLA Navy, Military, United, “ Defense, National Security, Stanford University, US Air Force Locations: Japan, Beijing, Toowoomba, Chinese, China, San Fransisco, London, United Nations, Australia, East, South China, South, Canada, Australian

☆ Monday's analyst calls: PC stock upgrade, Jefferies sees steady growth for consumer giant
▼ + stars: | 2023-11-13 | by ( Fred Imbert | ) www.cnbc.com time to read: +5 min

Jefferies initiated Colgate-Palmolive with a buy rating, citing a stabilization in market share loss. The firm initiated coverage of DevOps stock on Monday with a buy rating and a $56 per share price target. "In short, we think GTLB is well positioned to gain share with its platform offering in a rapidly growing ~$40B DevSecOps target market," analyst Gray Powell said. The firm initiated coverage of the consumer giant with a buy rating and a $87 per share price target in a Sunday note. Analyst Kaumil Gajrawala said the company's market share losses from the height of the pandemic have stabilized, allowing Colgate-Palmolive to enter a period of steady growth.

Persons: Jefferies, Edward Jones, Oracle Edward Jones, Oracle's, Logan Purk, Purk, Brian Evans, Gray Powell, — Brian Evans, Bernstein, TripAdvisor, Richard Clarke, Asiya Merchant, Kaumil Gajrawala, Gajrawala Organizations: CNBC, Colgate, Palmolive, Citi, HP Inc, Oracle, Google, Amazon Web Services, Jefferies, ~$

☆ South China Sea: Philippines accuses Chinese maritime militia of destroying coral reefs near Palawan
▼ + stars: | 2023-09-22 | by ( Kathleen Magramo | ) edition.cnn.com time to read: +11 min

Philippine Coast Guard/FacebookTarriela said between August 9 and September 11, the coast guard monitored 33 Chinese vessels within the vicinity of Rozul Reef and around 15 Chinese ships near Escoda Shoal. The UP Marine Science Institute found vibrant corals in the Rozul (Iroquios) Reef in the South China Sea in May 2021. At least two foreign ambassadors in Manila have expressed alarm over reports of destruction of marine resources in the South China Sea. The grounded Philippine navy ship Sierra Madre, which Manila uses to stake its territorial claims at Second Thomas Shoal in the Spratly Islands in the disputed South China Sea, as pictured on April 23, 2023. Under current President Ferdinand Marcos Jr., the country’s National Security Team began to publicize its findings about what was actually happening in the West Philippine Sea and the South China Sea more regularly, Powell said.

Persons: Jay Tarriela, ” Tarriela, Facebook Tarriela, Tarriela, Mao Ning, “, ”, Gerry Arances, Arances, Ray Powell, SeaLight, Powell, Philippines MaryKay Carlson, Kazuhiko Koshikawa, Rodrigo Duterte, Shoal, Ted Aljibe, Thomas Shoal, Ferdinand Marcos Jr Organizations: CNN, Philippine Coast Guard, Chinese Maritime Militia, Facebook, Philippine, Spratly Islands, Philippine coastguard, University of, Philippines Marine Science Institute, country’s National Security Council, Scientific, UP Marine Science Institute, Marine Science, CNN Philippines, Center for Energy, coastguard, National Security, Stanford University, The, United, Philippine Department of Foreign Affairs, Asia, Transparency Initiative, BRP, BRP Sierra Madre, National Security Team, West Philippine, South China Locations: South, Philippines, China, Sabina, South China, Palawan, Beijing, Philippine, Rozul, Escoda Shoal, ” Beijing, China’s, Malaysia, Brunei, Taiwan, The Hague, West Philippine, United States, Indonesia, Vietnam, The Philippines, Manila, Sierra, Spratly, AFP, BRP Sierra, Sierra Madre, West

☆ China-Philippines tensions: Is a maritime militia Beijing says doesn't exist causing chaos in the South China Sea?
▼ + stars: | 2023-08-12 | by ( Brad Lendon | ) edition.cnn.com time to read: +9 min

Most of the Chinese ships involved are marked “China Coast Guard,” but among the flotilla are also at least two blue-hulled vessels that resemble fishing boats. After the confrontation last weekend, China claimed the Philippines had violated its sovereignty by grounding the ship on the shoal. That symbiotic relationship became even clearer in 2021 when the China Coast Guard came under the jurisdiction of the Chinese Central Military Commission effectively making it part of Beijing’s military. The Chinese vessels “physically blockaded the supply ship. Ted Aljibe/AFP/Getty ImagesChina’s waiting gameAnalysts say they don’t see any appetite in Beijing for actual combat over Second Thomas Shoal, but they also say China can afford to play a waiting game.

Persons: Thomas Shoal, Jay Tarriela, Thomas, “, ”, China’s, People’s Liberation Army –, Lyle Morris, CNN ‘, doesn’t, Ray Powell, SeaLight, Powell, Morris, ” Powell, Shoal, Ted Aljibe, Lionel Fatton, ” Washington Organizations: CNN, China Coast Guard, United, “, Philippine Coast Guard, Hague, People’s Liberation Army, PLA Navy, Chinese Central Military Commission, Asia Society, Center for China, National Security, Stanford University, Central Military Commission, US Navy, US Coast Guard, Getty, Webster University Locations: Philippine, South, Philippines, Spratly, United States, Beijing, China, Palawan, Sierra Madre, ”, South China, Malaysia, Vietnam, Brunei, Taiwan, Washington, Manila, Sierra, AFP, Switzerland

☆ These 'best-in-class' stocks could bolster your portfolio as market unease resurfaces, analysts say
▼ + stars: | 2023-08-05 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Wall Street analysts named a list of stocks this week that they say could offer protection for investors as market tension rises. "We view Zscaler as a best-in-class, next generation cybersecurity company built for the distributed cloud world," he added. Earlier this week, the firm initiated coverage of the aerospace and defense components company with a buy rating. Zscaler - BTIG, buy rating "Over the last couple of months, we have spoken with seven contacts with a view on ZS, and feedback has been consistently positive. TransDigm Group - Citi, buy rating "The company's focus on proprietary products & lean operations affords pricing power and margin expansion potential.

Persons: Jason Kupferberg, Kupferberg, TOST, Zscaler, Gray Powell, Powell, Jason Gursky, Gursky, TransDigm, BURL, ROST, LULU, NetEase, Morgan Stanley Organizations: CNBC, Urban Outfitters, Toast Bank of America, TransDigm Group Citi, TransDigm, Barclays, Free, Citi, NetEase, Bank of America, TAM Locations: 2H23

HANOI/BEIJING, June 6 (Reuters) - A Chinese research ship and its escort, which operated for nearly a month in Vietnam's exclusive economic zone (EEZ) in the South China Sea, left those waters on Monday night, vessel-tracking experts said, just after high-level U.S.-China talks. "The Chinese scientific research vessel carrying out normal research activities in maritime waters under China's jurisdiction is legitimate and proper. At 0300 GMT on Tuesday the Chinese research ship was seen approaching Hainan, said Ray Powell, who leads Stanford University's Project Myoushu on the South China Sea. Vietnam's fisheries surveillance ships turned back after the Chinese vessel and its escort left Vietnam's EEZ around midnight Vietnam time, Powell added. Vietnam's foreign ministry did not reply to requests for comment.

Persons: Xiang Yang Hong, Dmitry Medvedev, Ray Powell, Powell, Van Pham, Francesco Guarascio, Laurie Chen, Khanh Vu, Gerry Doyle Organizations: Stanford, China, Chronicle Initiative, Thomson Locations: HANOI, BEIJING, South China, China, Vietnam's, Beijing, Hainan, Hanoi, Vietnam

☆ The AI play you haven't heard of yet
▼ + stars: | 2023-05-19 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

This under-the-radar software stock could be the next big artificial intelligence winner investors are ignoring, according to some Wall Street analysts. Dynatrace , a Massachusetts-based software company that harnesses artificial intelligence for a host of use cases, including business analytics and application security, could win big in the latest AI arms race. DT YTD mountain Dynatrace shares in 2023 BMO Capital Markets' Keith Bachman called the stock a "clear leader" within AI in a Wednesday note to clients. He views compelling growth and margin opportunities for Dynatrace through its Grail analytics tool that uses AI to help users better understand their data. Given his conviction in Dynatrace's AI potential, Bachman raised his price target to $55 from $50 a share reflecting about 12% upside from Thursday's close.

☆ Cluster of Chinese vessels spotted near Russian rig off Vietnam - ship monitors
▼ + stars: | 2023-05-10 | by ( Francesco Guarascio | Thomson Reuters | Francesco Leads A Team Of Reporters In Vietnam That Covers Top Financial | ) www.reuters.com time to read: +3 min

Strong relations between Russia and China are a major factor supporting global stability, Russian Defence Minister Sergei Shoigu said in March, but the two countries have conflicting interests in the South China Sea. "Chinese fishing and scientific research vessels carry out normal production and work activities in maritime areas under China's jurisdiction," it said. It made similar remarks on Tuesday after Chinese boats approached an area where the navies of India and Southeast Asian countries held exercises. On Wednesday, the Chinese vessels were about 10 nautical miles (18 km) from the Japanese operating rig and about 20 miles from the Russia-Vietnam rig, according to South China Sea Chronicle Initiative (SCSCI), an independent non-profit. The Chinese research vessel moved at full speed before entering Vietnam's EEZ but slowed to 4-5 knots, suggesting the ship was conducting a survey there, said SCSCI's Van Pham.

They were in the Vietnamese Exclusive Economic Zone when the Chinese boats moved towards them, the Indian sources said. Ray Powell, who leads Project Myoushu on the South China Sea at Stanford University, said the boats belong to the Qiong Sansha Yu militia fleet in the area. Such militias consist of commercial fishing boats, which work in coordination with the Chinese authorities for political objectives in the South China Sea. Several of China’s littoral neighbours have accused it of using its official and militia vessels to harass and intimidate their fishing and military boats in the South China Sea. China has for years claimed sovereignty over the entire South China Sea, and has been sensitive to the presence of other militaries in the region.

☆ 'Sort Of' is about a nonbinary millennial. Its star hopes to change how we see each other
▼ + stars: | 2022-12-11 | by ( Harmeet Kaur | ) edition.cnn.com time to read: +9 min

Sabi, who is nonbinary, not only navigates love and dating in Toronto but also hopes to be understood by their Pakistani immigrant family. Baig spoke to CNN about what it means to feel seen and how “Sort Of” might help some viewers achieve that feeling. Wanting to feel seen is another thread that runs through the show. When we feel seen, when we feel understood, we feel a lot less lonely in the world. We work with writers and directors who are trans, nonbinary, South Asian, people of color.

“Spoiler Alert” opened in U.S. theaters Dec. 2. “Women Talking” opened in select U.S. theaters Dec. 2. “The Whale” opens in U.S. theaters Dec. 9. “Babylon” opens in U.S. theaters Dec. 23. “I Wanna Dance With Somebody” opens in U.S. theaters Dec. 23.

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