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☆ Activist Ananym has a list of suggestions for Henry Schein. How the firm can help improve profits
▼ + stars: | 2024-11-23 | by ( Kenneth Squire | ) www.cnbc.com time to read: +8 min

Henry Schein is a leading global distributor of health-care products and services primarily to office-based dental and medical practitioners. Health care distribution covers Henry Schein's distribution of dental and medical products, such as laboratory products, pharmaceuticals, vaccines, surgical products, dental specialty products and diagnostic tests. While Henry Schein has successfully carved into the office-based physician niche as the No. Henry Schein is a great company that has gotten sleepy and been allowed to coast when it could have been soaring. Several directors have been in their seats at Henry Schein for over a decade and the board lacks best-in-class distribution expertise.

Persons: Henry Schein, Charlie Penner, Alex Silver, Schein's, Henry Schein's, Patterson, Benco, Schein, Stanley Bergman, Ananym, Ken Squire Organizations: Ananym Capital Management, Jana Partners, P2 Capital Partners, Cardinal Health, 13D Locations: New York, EBITDA ., EBITDA

☆ It's time to get serious about fixing the nation's power grid. That puts these stocks in a sweet spot
▼ + stars: | 2024-11-23 | by ( Paulina Likos | ) www.cnbc.com time to read: +8 min

The U.S. electric grid needs a total body makeover. With Duke Austin, a fourth-generation lineman, at its helm, Quanta Services has a long history in electric power infrastructure. The backbone of the electric grid Transmission and distribution is the backbone of the electrical grid, delivering power from generation sites to consumers. PWR YTD mountain Quanta Services shares year to date MasTec MasTec has been in comeback mode. MYR Group Goldman expects MYR Group is well positioned for 2025.

Persons: Neil Mehta, Goldman Sachs, weren't, Goldman, Mehta, Duke Austin, Carly Davenport, Davenport, Austin, Goldman's Mehta, they're, MasTec, Jose Mas, MasTec's, Truist, Jamie Cook, McCoy, Cook, Ati Modak, Modak, MYR Organizations: U.S, Edison Electric Institute, MYR, CNBC, Management, MYR Group Locations: U.S, Austin

☆ Number of PwC partners taking early retirement jumps amid consulting slowdown
▼ + stars: | 2024-11-23 | by ( Polly Thompson | ) www.businessinsider.com time to read: +2 min

AdvertisementDozens of UK partners at PwC will take early retirement in December, Sky News reported. More PwC partners than usual will take early retirement at the end of this year, marking another shake-up at the firm's UK division since the appointment of a new boss, Marco Amitrano, in Spring. PwC's 1,030 UK partners were informed this week via a voice memo from Amitrano that dozens of partners would take early retirement next month, Sky News reported. AdvertisementThe jump in partners taking early retirement follows a series of changes following Amitrano's elevation to senior partner for the UK and Middle East in April. UK partners at PwC took home an average of £862,000 (about $1.1 million) this financial year, 5% less than they did in 2023.

Persons: PwC, Marco Amitrano, —, Amitrano Organizations: PwC, Sky News, Big, — Deloitte, EY, KPMG, East, Deloitte, Labour Locations: Spring

☆ 12 tactics America's wealthiest use to save big on taxes, from putting mansions in trusts to stashing fortunes for a 1,000 years
▼ + stars: | 2024-11-23 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +12 min

Currently, individuals and married couples can gift or bequeath $13.61 million and $27.22 million, respectively, before a 40% federal estate tax kicks in. AdvertisementThe heirs don't own the trust assets but rather have lifetime rights to the trust's income and real estate. Any payout is also protected from estate taxes, even if the insured's estate and death benefit exceed the exemption. AdvertisementThis tactic can also be used to save on estate taxes by ultra-rich entrepreneurs who have already used their exemption but have less-wealthy parents who haven't. When the children inherit the assets, the federal estate tax doesn't kick in as long as the grandparents' estate does not exceed $27.22 million.

Persons: Trump, Robert Strauss, Weinstock Manion, Uncle Sam, Wrigley, Jeff Bezos, Jackie O, Edward Renn, Tyler Le, remarries, Jenny Chang, Rodriguez, Sam Walton, haven't Organizations: Republican, Getty, IRS, Federal Reserve, Walmart Locations: Cayman Islands, Bermuda, Washington, Florida, Wyoming, Plenty

☆ Airbus' A321 jets are reshaping transatlantic travel. I've toured 3 airlines' business classes — here's how they compare.
▼ + stars: | 2024-11-23 | by ( Taylor Rains | ) www.businessinsider.com time to read: +1 min

AdvertisementAirlines are increasingly using Airbus A321neo family planes for transatlantic flights. JetBlue, La Compagnie, and Iberia offer lie-flat business class on these narrow-body planes. More airlines are flying single-aisle Airbus A321neo family planes across the Atlantic. I've seen three examples of these transatlantic premium Airbus cabins: JetBlue Airways, French boutique airline La Compagnie, and Spanish flag carrier Iberia. Iberia is nice, but it and La Compagnie lack a flyer-favorite perk, while JetBlue offers the most amenity-heavy business experience.

Persons: I've Organizations: Airlines, Airbus, JetBlue, La Compagnie, JetBlue Airways, Compagnie Locations: Europe, Iberia, Spanish

☆ Dining Sheds Changed the N.Y.C. Food Scene. Now Watch Them Disappear.
▼ + stars: | 2024-11-23 | by ( Pete Wells | ) www.nytimes.com time to read: +14 min

Building for the Long HaulBalthazar, SoHo, ManhattanJonah Rosenberg for The New York Times Jonah Rosenberg for The New York Times Jonah Rosenberg for The New York Times Jonah Rosenberg for The New York TimesThe Open Restaurants program was originally scheduled to end after Labor Day in 2020. Street dining at Cebu began in late 2020 with movable barricades separating diners from the traffic. Privacy on a Busy StreetDon Angie, West Village, ManhattanJonah Rosenberg for The New York Times Jonah Rosenberg for The New York Times Jonah Rosenberg for The New York Times Jonah Rosenberg for The New York TimesThe public-health rationale for outdoor dining was that fresh summer breezes could help slow the spread of the coronavirus. Jonah Rosenberg for The New York Times (Balthazar, Don Angie, Oscar Wilde). Marissa Alper for The New York Times (Cebu).

Persons: Lila Barth, Philip Guardione, Piccola Cucina, verdigris, Restaurateurs, Eric Adams, Karsten Moran, Manhattan Jonah Rosenberg, Jonah Rosenberg, Balthazar, cabanas, Ian McPheely, Keith McNally, ”, Erin Wendt, Roberta Delice, Resy, Wendt, “ We’re, Ms, Brooklyn Marissa Alper, Marissa Alper, The New York Times Michael Esposito, Esposito, I’m, Don Angie, Scott Tacinelli, Angie Rito, Rito, “ Scott, ” Mr, Tacinelli, aren’t, Manhattan Lila Barth, Stacy Pisone, Caroline Brennan, Brennan, Eduardo Kobra, Andy Warhol, Jean, Michel Basquiat, Keith Haring, Frida Kahlo, “, Rushmore, ” Ms, Pisone, “ It’s, Ayza, Zafer Sevimcok, Sevimcok, Oscar Wilde, Eden Weingart, Andrew Hinderaker Organizations: The New York Times, verdigris Beaux, City Council, Department of Transportation, New York Times, The New York, Labor, Paisley Design, cabanas, Balthazar Restaurant, American Express, Gardens, Cebu Bar, Cebu, GRT Architects, Herald Locations: SoHo, Mount Etna, New York City, Havana, New York, Rome, Buenos Aires, Dawa’s, Woodside , Queens, Manhattan, Spring, Paris, Eyesores, Gardens Cebu, Bay Ridge, Brooklyn, Cebu, West Village, Chelsea, Boston

☆ Goldman Sachs is bullish on these stocks heading into December and the new year
▼ + stars: | 2024-11-23 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Goldman Sachs highlighted a slate of stocks that are worth snapping up as December approaches. CNBC combed through Goldman research to find buy-rated names the firm says are must owns heading into the end of the year. Pinterest Pinterest is also firing on all cylinders, analyst Eric Sheridan wrote recently. In addition, the firm sees revenue upside with user engagement remaining strong. ... .Based on after-hours pricing, we find PINS stock as one of the most compelling risk/reward skews in our coverage universe."

Persons: Goldman Sachs, Goldman, Noah Poponak, Poponak, Bonnie Herzog, Herzog, Pinterest Pinterest, Eric Sheridan, Pinterest, Sheridan Organizations: GE Aerospace, Monster Beverage, CNBC, GE Aerospace GE Aerospace, Aerospace, Management

☆ Republicans Ponder: What if the Trump Tax Cuts Cost Nothing?
▼ + stars: | 2024-11-23 | by ( Andrew Duehren | ) www.nytimes.com time to read: +1 min

Forcing the issue is the end of many of the tax cuts Republicans passed in 2017. Republicans want to protect their handiwork and extend the tax cuts before they lapse. By conventional budget rules in Washington, doing so would amount to a tax cut — and an expensive one at that. Republicans are struggling to come up with other tax increases or spending cuts to cover that cost. So maybe it is not a surprise that some of them are starting to advance an alternative theory of the case: that continuing existing tax cuts actually costs nothing.

Organizations: Republicans, Capitol, Congressional, Office Locations: Washington

☆ I spent 10 years and $800,000 renovating an Arkansas missile silo. It's my greatest accomplishment, but I don't recommend others try it.
▼ + stars: | 2024-11-23 | by ( Dan Latu | ) www.businessinsider.com time to read: +9 min

AdvertisementArkansas resident GT Hill purchased a missile silo, decommissioned in the 1980s, for $90,000 in 2010. He bought a $90,000 decommissioned missile silo and turned it into an Airbnb. If it's a Walking-Dead-style apocalypse, you don't want to be in a missile silo because then you're trapped inside. Lastly, I was interested in owning a missile silo because it's just kick ass. Courtesy of GT HillI found my missile silo, called Titan II, online.

Persons: Hill, I'm, It's, we're, We've, We'd, we've, Kara, Nate, Lynne Peeples, everybody's, it's Organizations: GT Hill, GT, Air Force, US, Titan Locations: Arkansas, Vilonia , Arkansas, Oregon, Searcy , Arkansas, Russia

☆ The economist who predicted the election outcomes in detail tells BI his forecasts for 2025 GDP, inflation, and the threshold that would explode the deficit
▼ + stars: | 2024-11-23 | by ( Laila Maidan | ) www.businessinsider.com time to read: +4 min

AdvertisementChristophe Barraud predicted a Republican sweep and spike in the 10-year yield. Barraud, a top US economy forecaster, expects GDP growth to exceed consensus forecasts. He also expects higher inflation and shares concerns over the deficit crossing 7.5% of GDP. AdvertisementHe previously said that US GDP growth in 2025 would be stronger than expected at 2.1%, above Bloomberg's consensus forecast of 1.9%. A stronger labor market will cause this, especially wage growth and new job creation, combined with labor shortages from restrictive immigration policy.

Persons: Christophe Barraud, Kamala Harris, Donald Trump, Barraud, I'm, Trump Organizations: Republican, Market Securities Monaco, Bloomberg, Trump, Congressional, Office, Tax Foundation

☆ Amazon to invest another $4 billion in Anthropic, OpenAI’s biggest rival
▼ + stars: | 2024-11-22 | by ( Hayden Field | Hayden Field Is A Cnbc Reporter | ) www.nbcnews.com time to read: +3 min

Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives. Anthropic is the company behind Claude — one of the chatbots that, like OpenAI’s ChatGPT and Google’s Gemini, has exploded in popularity. In March, Amazon’s $2.75 billion investment in Anthropic was the company’s largest outside investment in its three-decade history. The companies announced an initial $1.25 billion investment in September 2023. In September, Anthropic rolled out Claude Enterprise, its biggest new product since its chatbot’s debut, designed for businesses looking to integrate Anthropic’s AI.

Persons: Claude chatbot, Claude —, Claude, It’s, Anthropic, Jared Kaplan, Kaplan, Claude Enterprise Organizations: Microsoft, Meta, AWS, Amazon’s, CNBC, Google Locations: Anthropic, Amazon, San Francisco

☆ Spain slaps $187 million fine on Ryanair, EasyJet and others for 'abusive' cabin luggage fees
▼ + stars: | 2024-11-22 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +4 min

Spain's Ministry of Consumer Rights on Friday slapped a $179 million euro ($186 million) fine on five low-budget airlines for "abusive practices" including charging additional cabin luggage fees. Spanish low-cost airline Vueling was ordered to pay 39.2 million euros and EasyJet was fined 29 million euros. Scandinavia's second-largest airline Norwegian and Spanish airline Volotea each received penalties in excess of 1 million euros. The five airlines should discontinue their practice of requiring additional payment for cabin luggage and reserving a seat near a dependent traveler, the ministry said. "We completely disagree with the decision of the Spanish Consumer Ministry and find the proposed sanctions outrageous," an EasyJet statement said, stressing it considers its cabin luggage policy to be aligned with all applicable laws.

Persons: Vueling, EasyJet, Javier Gandara, Michael O'Leary Organizations: Ministry of Consumer Rights, Ryanair, Spanish, Spain's Association of Airlines, CNBC, Ministry of Consumer, ALA, Spain's Consumer Affairs Ministry, Governments, Spanish Consumer Ministry, Boeing, International Air Transport Association Locations: Spain, Europe

☆ The S&P 500 could see another big year in 2025, if history is any guide
▼ + stars: | 2024-11-22 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Investors should brace themselves for another big move next year, according to an analysis of historical data from Bank of America. The S & P 500 is up 24.7% in 2024 and on track for its second straight year with a gain of more than 20%. After rising 31% and 38% in 1927 and 1928, respectively, the S & P 500 lost 12% in 1929 and another 28% in 1930, Hartnett said. The last time the S & P 500 posted back-to-back 20% annual gains was in the 1990s, soaring 34% in 1995 and 20% in 1996. Hartnett noted that the "secret sauce" for the S & P 500 to avoid some of the sharp reversals seen before is a decline in Treasury yields.

Persons: Michael Hartnett, wasn't, Hartnett, Donald Trump, Goldman Sachs, Goldman Organizations: Bank of America Locations: U.S

ATLANTIC CITY, N.J. (AP) — Atlantic City's casinos saw their operating profits decline by nearly 14% in the third quarter of this year, figures released Friday by New Jersey gambling regulators show. The state Division of Gaming Enforcement issued statistics showing that the nine casinos had a collective gross operating profit of $236.5 million in the third quarter. “Consumer demand may have been an issue for Atlantic City’s casino operators in summer 2024,” said Jane Bokunewicz, director of the Lloyd Levenson Institute at Stockton University, which studies the Atlantic City gambling industry. Revenue from things other than gambling also underperformed in the third quarter at $511.6 million, down 5% from a year earlier. Among internet-only entities, Caesars Interactive NJ earned $4.8 million, down 7.8%, and Resorts Digital, the former online arm of Resorts casino, earned $1.5 million, down 4.8%.

Persons: ”, Jane Bokunewicz, Lloyd Levenson, James Plousis, ” Gross, Harrah's, Bally's, Wayne Parry Organizations: CITY, of Gaming, bettors, Atlantic, Stockton University, New Jersey Casino Control, Ocean, Tropicana, Caesars, Golden, Resorts, Caesars Interactive, Resorts Digital, Associated Press Locations: N.J, New Jersey, Atlantic City

☆ Amazon to invest another $4 billion in Anthropic, OpenAI's biggest rival
▼ + stars: | 2024-11-22 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives. Anthropic is the company behind Claude — one of the chatbots that, like OpenAI's ChatGPT and Google's Gemini, has exploded in popularity. In March, Amazon's $2.75 billion investment in Anthropic was the company's largest outside investment in its three-decade history. The companies announced an initial $1.25 billion investment in September 2023. In September, Anthropic rolled out Claude Enterprise, its biggest new product since its chatbot's debut, designed for businesses looking to integrate Anthropic's AI.

Persons: Claude chatbot, Claude —, Claude, It's, Anthropic, Jared Kaplan, Kaplan, Claude Enterprise Organizations: Microsoft, Meta, AWS, Amazon's, CNBC, Google Locations: Anthropic, Amazon, San Francisco

☆ T.J. Maxx is in prime position to benefit from Trump's trade policies
▼ + stars: | 2024-11-22 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

AdvertisementT.J. Maxx is set to benefit from Trump's proposed tariffs on imports. T.J. Maxx could end up benefiting from Trump's suggested tariffs. Related Video Truth Social just brought Trump a $4 billion windfall, but experts aren't soldThis means more opportunities for T.J. Maxx to buy stock as excess inventory kicks around the market. For consumers forced to trade down or priced out of their usual retail spots, T.J. Maxx might present itself as the perfect option. AdvertisementTJX, the parent company of T.J. Maxx, Marshall's, and Home Goods, beat Wall Street's estimates in the third quarter, reporting revenue of $14.1 billion, up 6% from the previous year.

Persons: Maxx, Trump, aren't, Chris Walton, Lorraine Hutchinson, Neil Saunders Organizations: Target, Omni, Bank of America, Home Goods, GlobalData Locations: T.J, China

☆ A 26-year-old solopreneur with a 6-figure business shares 4 tips for successfully transitioning from a normal job to a full-time content creator
▼ + stars: | 2024-11-22 | by ( Christine Ji | ) www.businessinsider.com time to read: +6 min

AdvertisementNatalie Fischer quit her corporate job to become a solopreneur creating financial content. In 2023, Fischer took a leap of faith and quit her corporate job to focus full time on finance content creation as a solopreneur, or a one-person business. Advertisement"That gave me a lot of comfort knowing that if worse comes to worse, I can always get another job," Fischer said. You can do bothBeing a solopreneur and working a corporate role aren't diametrically opposed. Fischer has seen fellow solopreneurs balance a content creation business, a corporate role, and even write a book at the same time.

Persons: Natalie Fischer, Fischer, influencer, Fischer couldn't, She's, Fischer's, Goldman Sachs, didn't, I'd, Christine Ji Organizations: Business

☆ Stocks making the biggest moves premarket: Gap, NetApp, Intuit and more
▼ + stars: | 2024-11-22 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Intuit — Stock in the financial software firm pulled back about 3% after its earnings guidance for the current quarter missed analyst estimates. Intuit forecast second-quarter earnings of $2.55 to $2.61 per share, while analysts polled by FactSet were looking for a profit of $3.25 per share. Ross' third-quarter earnings of $1.48 per share surpassed the $1.40 forecast from analysts polled by LSEG. NetApp earned $1.87 per share, after adjustements, on revenue of $1.66 billion, while analysts polled by LSEG were looking for a profit of $1.78 per share and revenue of $1.65 billion. Elastic — The software stock jumped 24% after the company posted an earnings beat.

Persons: FactSet, Goldman Sachs, Ross, NetApp, LSEG, — CNBC's Michelle Fox, Sean Conlon Organizations: Intuit —, Intuit, Ross, LSEG Locations: LSEG .

☆ Vang Vieng: What to know about the Laos city swept up in methanol deaths
▼ + stars: | 2024-11-22 | by ( Lilit Marcus | ) edition.cnn.com time to read: +4 min

Laos has tried to rebrand Vang Vieng as less of a party destination. Vang Vieng and its mountainous surroundings are a base for outdoor activities, including kayaking, jungle trekking, parasailing, tubing and rock climbing. Foreign tourists kayaking and tubing on the Song River in Vang Vieng, Laos, on November 19. “(We are) aware of a number of cases of suspected methanol poisoning in Vang Vieng, possibly through the consumption of methanol-laced alcoholic drinks,” the US Embassy in Vientiane said in a health alert Friday. The warning came after the US State Department confirmed to CNN that an American citizen had died in Vang Vieng.

Persons: Vang Vieng, Vang, Anupam Nath, CNN’s Helen Regan, Isaac Yee, Eve Brennan Organizations: CNN, UNESCO, Vang, US State Department Locations: Southeast Asia, Vang, Laos, United States, United Kingdom, Vientiane, Luang Prabang, South Korea, China, Vang Vieng, New Zealand, Australia, Canada, American, Vietnam, Thailand, France, Russia, Japan

☆ OpenAI is eyeing a shot at 2 of Google's most dominant territories: report
▼ + stars: | 2024-11-22 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

The browser would be integrated with ChatGPT, according to the report. OpenAI is eyeing two territories that have long been dominated by Google, according to a report from The Information: web browsing and search. As of August, Google Chrome held about 65% of the global web browser market share, according to Statista, a data analytics firm. And as of January, Google Search accounted for about 82% of the global search engine market share. OpenAI already has positioned ChatGPT as a search engine rival with the release of ChatGPT search in October.

Persons: OpenAI's ChatGPT, OpenAI, Ben Goodger, Department's Organizations: ChatGPT, Google, Chrome, DOJ

☆ CNBC Daily Open: Expectations can be an irrational thing. Just look at Nvidia
▼ + stars: | 2024-11-22 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets digest Nvidia earningsU.S. markets rose on Thursday after digesting Nvidia's earnings release. "If someone bought or if the Bluesky company went down, everything is open source." [PRO] Focus on Nvidia's BlackwellDespite Nvidia's revenue growth rising at a slower pace each subsequent quarter, analysts are still optimistic on the stock.

Persons: Donald Trump, Michael Novogratz, Trump's, Trump, Bluesky, Jay Graber, Nvidia's Blackwell, Blackwell, Colette Kress Organizations: CNBC, U.S . Department of Justice, Google, Chrome, JD Sports, Galaxy Digital, U.S . Federal Reserve, Elon, Nvidia Locations: British

☆ 27-year-old's side hustle brings in up to $20,000 a month: I was shocked by 'the thrill of going viral'
▼ + stars: | 2024-11-22 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

On the day, she shakily filmed her sister running down a white runner across the deck into her fiancé's arms. I was completely blown away by the thrill of going viral." A side hustle — planning other people's wedding proposals and posting bride-to-be's reactions on TikTok — was born. Tobin brought in six figures of revenue, including roughly $9,000 in median monthly revenue, during the 12-month period ending last month, according to documents reviewed by CNBC Make It. In her highest-earning month, November 2023, Tobin's side hustle brought in more than $20,000.

Persons: Lexi Tobin, Tobin, shakily, —, Brian A.M, I've Organizations: CNBC, WeddingPro Locations: New York, New York City, TikTok, Atlanta

☆ Apple and Google could face a competition probe over their huge mobile ecosystems in the UK
▼ + stars: | 2024-11-22 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

LONDON — Apple and Google could face a competition investigation into their dominance of mobile web browsers and apps in the U.K. The U.K.'s Competition and Markets Authority issued a report Friday with a provisional decision from an independent inquiry group tasked by the regulator with carrying out an in-depth review of the mobile browser markets. In the report, the group recommended that the CMA investigates Apple and Google's activities in mobile ecosystems under the new Digital Markets, Competition and Consumers Act (DMCC), a new U.K. law coming into force next year which seeks to prevent anti-competitive behavior in digital markets. The DMCC is akin to the Digital Markets Act in the European Union. The group also said it found a revenue-sharing agreement between Google and Apple to make Google the default search engine on iPhone "significantly reduces their financial incentives to compete in mobile browsers on iOS."

Organizations: Apple, Google, Markets Authority, CMA, Markets, Competition, Consumers, Digital, European Union

☆ FanDuel parent Flutter Entertainment can triple its U.S. profits over the next three years, Goldman says
▼ + stars: | 2024-11-22 | by ( Pia Singh | In | ) www.cnbc.com time to read: +2 min

FanDuel parent Flutter Entertainment is poised for even more gains ahead as its U.S. growth takes off, according to Goldman Sachs. Analyst Ben Andrews initiated coverage of the online sports betting operator with a buy rating and $320 price target. Andrews sees upside to Flutter's 2027 revenue guidance for existing states and sees double-digit percentage upside to Wall Street's consensus targets on Flutter's U.S. EBITDA in 2027 and 2028. S & P) and Flutter building a track record of consistent delivery and as a compounding cash generator." The company continues to acquire new customers in existing states, which "Flutter is doing more efficiently than competition, supported by their scale," Andrews said.

Persons: Goldman Sachs, Ben Andrews, Andrews Organizations: New York Stock Exchange, London Stock Exchange, U.S

☆ Here are Friday's biggest analyst calls: Nvidia, Apple, Nike, Microsoft, Flutter, Amazon, Arm, Affirm, AbbVie & more
▼ + stars: | 2024-11-22 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Friday's biggest calls on Wall Street: Goldman Sachs initiates Flutter as buy Goldman said the online gambling company is well positioned. " Redburn Atlantic Equities reiterates Microsoft as buy The firm said investors should buy the dip in Microsoft shares. Baird upgrades KinderCare to outperform from neutral Baird said investors should buy the dip in shares of the daycare company. Baird upgrades Bright Horizons to outperform from neutral Baird said the daycare company is well positioned. Baird upgrades Elastic to outperform from neutral Baird said the software company is an AI beneficiary.

Persons: Goldman Sachs, Goldman, Piper Sandler downgrades Sunrun, Piper, KeyBanc, Baird, Klarna, Phillip, JPMorgan, it's, Carpenter, Needham, it's bullish, John Donohoe, Elliott Hill, they've, Wells, Truist, Leerink Organizations: Citi, Apple, UBS, Microsoft, RBC, Bank of America, Apple Pay, Phillip Securities, Nvidia, Carpenter Technology, JPMorgan, Nike, " Bank of America, KD, Semiconductors, Global Business Travel Group Locations: 2H25, North America

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