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☆ 3 supplements a doctor takes for energy and to help him recover when he's sick
▼ + stars: | 2024-08-24 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +5 min

Related storiesMushroom coffeeAlam drinks coffee containing lion's mane mushroom extract each morning. Alam started taking lion's mane to help him cut down on coffee. Whether this is down to the lion's mane is unclear — there isn't much research on the impact of the mushroom on energy levels or sluggishness. In the US, about 35% of adults have vitamin D deficiency, according to Cleveland Clinic. It's up to the individual to decide whether to take vitamin D supplements, but, like zinc, they are unlikely to cause harm when taken in safe amounts, Alam said.

Persons: —, Venus Williams, LeBron James, Arnold Schwarzenegger, Zalan Alam, Alam, Michelle Lee Organizations: Service, Business, BI, Cleveland Clinic

☆ Ukraine is extending its record of flipping the script on Russia through innovation and audacity
▼ + stars: | 2024-08-13 | by ( Tom Porter | ) www.businessinsider.com time to read: +6 min

Read previewFor months, Ukraine had been on the back foot in its war against Russia, with the Kremlin's forces slowly winning control of new territory. But last week, Ukraine turned the dynamic of the war on its head, launching an audacious incursion into Russia's Kursk province. However, the training provided by Ukraine's Western allies gave Ukraine the capacity to surprise and outmaneuver Russia. It's unclear exactly how Ukraine managed to take Russia by surprise with its Kursk attack. Military experts said that Ukraine had also exploited the sluggishness and rigidity of Russian military commanders, who scrambled to devise an effective response to the attack.

Persons: —, Vladimir Putin, It's, Russia's, Jacob Parakilas, they've, it's Organizations: Service, Russia, Kremlin, Business, Black, Rand Corp, Soviet, Economist, Forbes, New York Times, Military Locations: Ukraine, Russia's Kursk, Russia, Russian, Ukrainian, Soviet, Donbas, Crimea, Kyiv, Kursk

☆ Ukraine exposed Russia's sluggish military command with its Kursk invasion, analysts say
▼ + stars: | 2024-08-12 | by ( Tom Porter | ) www.businessinsider.com time to read: +4 min

Read previewRussian military commanders are facing criticism over their botched response to Ukraine's audacious incursion into Russia's Kursk region. In a Telegram post on Friday, Russian military expert Vladislav Shurygin said that Ukraine had exposed serious problems with Russia's command. The Russian military has made slow but incremental progress in its campaign in the Donetsk region of east Ukraine recently, tempering criticism. Ukraine's Kursk incursion, though, has renewed questions about the effectiveness of Russia's military command, which, according to a March Congressional report, is often excessively rigid and slow to react to developments. AdvertisementThe Russian military is still attempting to drive back the Ukrainian invasion, with reports of fighting in the towns of Tolpino and Obshchy Kolodez.

Persons: —, Vladimir Putin, Vladislav Shurygin, Sergei Markov, Markov, Putin, Rainer Saks, Ukraine's Organizations: Service, Business, Kremlin, CNN, Washington Post Locations: Russia's Kursk, Ukraine, Kursk, Russian, Russia, US, Estonian, Donetsk, Ukraine's Kursk, Tolpino

☆ Kursk offensive: Ukraine embarrasses Putin with surprise assault on southern Russia
▼ + stars: | 2024-08-10 | by ( Analysis Tim Lister | ) edition.cnn.com time to read: +10 min

The video, released Wednesday by the Kremlin, showed the Russian president was not happy with news from the southern region of Kursk. The head of the city of Rylsk – some distance from the most advanced Ukrainian units – said Friday more than half the population of 15,000 had left. An expeditionary forceUkrainian troops, even if reinforced, cannot expect to occupy several hundred square kilometers of Russian territory. But holding a large chunk Russian territory is beyond their capacity and probably beyond their goal. “The unfolding events demonstrate the extent to which Moscow has deeply depended on sanctuary in Russian territory to wage its war against Ukraine,” Barros told CNN.

Persons: CNN — Vladimir Putin, General Valery Gerasimov, Putin, George Barros, “, Volodymyr Zelensky, Aleksander Kots, Andrey Gurulyov, –, Malaya Loknya, Emil Kastehelmi, Barros, Matthew Schmidt, ’, Vladislav Shurygin, Izvestia, That’s, ” Daniel Fried, George Washington’s, ”, ” Barros, Darya Tarasova, Maria Kostenko Organizations: CNN, Kremlin, Russian Defense Ministry, Telegram, 61st Mechanized Brigade, Gazprom, Social, –, US Army’s Command, General Staff College, Atlantic Council, National Guard, Ukraine, “ Locations: Russian, Kursk, Sudzha, Russia, Kyiv, Donetsk, Washington, Kharkiv, Rylsk, Europe, Ukrainian, Ivashkovsky, Malaya, Olgovka, Finland, Moscow, Shurygin, Delaware, Ukraine, “ Russia

☆ P&G stock deserves to be down after a messy quarter — but not by this much
▼ + stars: | 2024-07-30 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

Despite that, P & G had a spotty quarter, which could give fuel to investors worried that a deterioration in the consumer would make its guidance harder to achieve. Nevertheless, P & G still fills an important role in a diversified portfolio, and its business is on solid footing. That includes North America, where organic sales grew 4%, and Europe, where organic sales increased 2% despite a difficult 12% comparison in the year-ago period. That helps explain how you get organic sales in China down 9%, albeit a slight sequential improvement from the 10% drop in the third quarter. It saw a mid-single digit decrease in organic sales because of market-share losses for its Luvs diapers.

Persons: Gamble, Stanley Black, Decker, Procter, Jim Cramer, Andre Schulten, Jon Moeller, Jim, it's, Jim Cramer's, Andrew Kelly Organizations: Procter, Revenue, LSEG, Procter & Gamble, Colgate, Palmolive, Unilever, Federal Reserve, SK, Care, CNBC Locations: U.S, Western Europe, North America, Europe, China, Japan, Middle, Manhattan , New York City

☆ Activist pressure at Starbucks is the jolt the coffee giant needs to shake its slump
▼ + stars: | 2024-07-22 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

Elliott Management's stake in Starbucks is exactly the jolt the struggling coffee stock needs to return to its winning ways. The well-known activist hedge fund has taken a significant position in Starbucks and is in discussions with the company on ways to improve its depressed stock price, The Wall Street Journal reported Friday afternoon. "I think Starbucks is a very big buy here because of Elliott," Jim Cramer said Monday on CNBC. SBUX YTD mountain SBUX stock performance year-to-date. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Elliott Management's, Jim, Elliott, Jim Cramer, …, Paul Singer, Laxman Narasimhan, Marc Benioff, Newlands, Laxman, BTIG, TD Cowen, Jim Cramer's, Beata Zawrzel Organizations: Starbucks, Street, CNBC, Constellation Brands, Modelo, Nurphoto, Getty Locations: North America, Sluggishness, China, Seattle, U.S, Krakow, Poland

☆ Team USA survives scare in Olympic warmup, scraping past South Sudan 101-100
▼ + stars: | 2024-07-21 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +5 min

London, England CNN —The US men’s basketball team fought back from a double-digit deficit to edge past South Sudan 101-100 in a dramatic pre-Olympic friendly in London, England on Saturday. Despite its star power, Team USA has occasionally flattered to deceive recently and has looked unconvincing at times in victory. South Sudan, the world’s youngest country, is preparing to make its Olympic debut and defeated Great Britain in a friendly game on Thursday. South Sudan fought its way back into the game, catching fire from three-point range in the first quarter to grab the lead. “Don’t take nothing away from South Sudan,” he said.

Persons: LeBron James, Steve Kerr, Ivey, ”, ” Ivey, Shayok, Nathaniel S, Butler, Luol Deng, Carlik Jones, Marial Shayok, James, Steph Curry, Anthony Edwards, Anthony Davis, Curry, Kin Cheung, Wenyen Gabriel, “, ” Shayok, Jones Organizations: England CNN, Team USA, Royal, United Arab Emirates, Olympic Games, NBA, O2, South, USA, AP “, Games, Puerto Locations: London, England, Sudan, South Sudan, Las Vegas, Paris . South Sudan, Great, Paris, South, USA, Serbia, Puerto Rico

Much of the week was dominated by the market rotation out of 2024 technology winners into small caps and value stocks. Sector scoreboard: Energy, financials, and real estate were the three big S & P 500 sector winners during the uneven week. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, advancers, Donald Trump, Bill Newlands, we've, it's, We've, Newlands, there's, Trump, Danaher, Jim Cramer's, Jim, Michael M Organizations: CNBC, ., Nasdaq, Dow Jones, New York Stock Exchange, Trump, Communication, Constellation Brands, Corona, Modelo, Republican, Constellation, Ford, Honeywell International, Dover, Fed, Jim Cramer's Charitable, Traders, Santiago, Getty Locations: Real, China, Chipotle, U.S

☆ Starbucks' plan for stock gains includes more than just discounts and value combos
▼ + stars: | 2024-07-07 | by ( Paulina Likos | ) www.cnbc.com time to read: +9 min

He needs to execute better," Jim Cramer stressed, referring to Starbucks CEO Laxman Narasimhan, during the Investing Club's June Monthly Meeting . Then in mid-June, Starbucks launched its limited-time "Pairings Menu," which includes a $5 coffee-and-croissant combo and a $6 coffee-and-breakfast-sandwich deal. Order up Jefferies' Barish also raised questions about Starbucks' menu innovations, arguing its updated drink options are not driving sales as much as hoped. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: it's, Jim Cramer, Laxman Narasimhan, Jim, Rachel Ruggeri, Burger King, Jefferies, Andy Barish, Barish, TD Cowen, Cowen, Edward Lewis, Lewis, they're, Narasimhan, Ruggeri, Berry, Long, We've, Jim Cramer's, Spencer Platt Organizations: Starbucks, Taco Bell, Street, CNBC, Getty Locations: North America, Israel, Gaza, China, Burger, Manhattan, New York City

☆ We're taking profits in this beer maker and buying more of our newest stock
▼ + stars: | 2024-07-03 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Constellation Brands shares are getting a boost in pre-market trading Wednesday after reporting its first-quarter results. As we called out in our initial trade alert, Nextracker is a highly volatile name that is sensitive to interest rates and government policy. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Jim Cramer's, We've, Donald Trump, Jim Cramer, Jim Organizations: Constellation Brands, NXT, Constellation Beer, Susquehanna, Meta, Microsoft, Google, Jim Cramer's Charitable, CNBC Locations: Nextracker, United States

☆ We're changing our rating and price target on a beauty stock tied to China
▼ + stars: | 2024-07-01 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Downgrade : We're dropping Estee Lauder to our 2 rating from a buy-equivalent 1 rating and lowering our price target to $140 per share from $162. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Estee Lauder, Nicolas Hieronimus, Hieronimus, Lauder YTD, Lauder, Jim Cramer's, Jim Organizations: CNBC, Apple, Microsoft, Nike, Management, L'Oreal, JPMorgan, Labor, Jim Cramer's Charitable Locations: China

☆ Bitcoin blues could extend into July but outlook for the second half is upbeat
▼ + stars: | 2024-06-29 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +5 min

Bitcoin's blues could linger throughout July, but investors are still optimistic about the cryptocurrency in the second half of the year. July is usually a strong month for bitcoin, which has finished higher for the month in seven of the last 11 years, according to CoinGlass. "There are always other known potential sources of bitcoin supply from government for example, but it's always uncertain when that's coming to market. This week, the crypto market was startled when the U.S. and German governments sent large amounts of previously seized bitcoin to exchanges, according to CryptoQuant. Marion Laboure, senior strategist at Deutsche Bank Research, said growing demand for crypto ETFs will help keep bitcoin's price "elevated" in the months ahead.

Persons: bitcoin, Zach Pandl, it's, JPMorgan's Nikolaos Panigirtzoglou, Pandl, Trump, Marion Laboure, 21Shares, Michael Bloom Organizations: Metrics, Federal, U.S ., Deutsche Bank Research, Solana Locations: U.S, Mt

☆ Private payrolls growth slows to 152,000 in May, much less than expected, ADP says
▼ + stars: | 2024-06-05 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Private job creation slowed more than expected in May, according to a report Wednesday from ADP that signals further sluggishness in the labor market. A number of sectors saw job losses on the month. The report comes two days ahead of the more closely watched nonfarm payrolls count from the Bureau of Labor Statistics. The ADP report showing private payroll growth of 188,000 in April overshot the BLS count of 167,000. Correction: The ADP figure for May was the lowest monthly level since January.

Persons: Dow Jones, Nela Richardson, nonfarm Organizations: Dow, Bureau of Labor Statistics, BLS, Wall Locations: Central, San Francisco , California, Trade

☆ How Apple's AI push could do more than just reignite iPhone sales
▼ + stars: | 2024-05-20 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

"I think the iPhone next generation has to incorporate far more AI than it does now," Jim said on Monday. The Club's belief is that doing so will prompt iPhone users to upgrade to the newer model, helping reignite topline growth for Apple following a prolonged period of sluggishness. The majority of Apple's installed base of more than 2.2 billion devices is iPhones, Melius said in its note Monday. AAPL YTD mountain Apple (AAPL) year-to-date performance AI can boost more than just iPhone sales, according to Melius. In the three months ended March 30, the iPhone 15 and iPhone 15 Pro Max held the No.

Persons: Jim Cramer, Jim, Melius, Max, Jim Cramer's Organizations: Melius Research, Apple, Conference, Cupertino, Reuters, Huawei, CNBC, Citizens, Nurphoto, Getty Locations: China, Melius, India, Shanghai

☆ China's March factory activity expands for first time in six months
▼ + stars: | 2024-03-31 | by ( ) www.cnbc.com time to read: +3 min

China's manufacturing activity expanded for the first time in six months in March, an official factory survey showed on Sunday, offering relief to policymakers even as a crisis in the property sector remains a drag on the economy and confidence. New export orders rose into positive territory, breaking a 11-month slump, but employment continued to shrink, albeit at a slower rate, the PMI data showed. Premier Li Qiang announced an ambitious 2024 economic growth target of around 5% earlier this month at the annual meeting of the National People's Congress, China's rubber-stamp parliament. Citi on Thursday raised its economic growth forecast for China for this year to 5.0% from 4.6%, citing "recent positive data and policy delivery". China's cabinet on March 1 approved a plan aimed at promoting large-scale equipment upgrades and sales of consumer goods.

Persons: Zhou Maohua, Premier Li Qiang Organizations: PMI, China Everbright Bank, Manufacturing, Premier, National People's Congress, Citi Locations: Shandong, China, Japan

☆ Japan Is a Preview of China's Ugly Recession, Stock Market Crash
▼ + stars: | 2024-03-31 | by ( Linette Lopez | ) www.businessinsider.com time to read: +14 min

But Japan's economy — the long-unconscious patient — recently started to wiggle its toe. The country's stock market is ripping; the Nikkei recently exceeded the all-time highs it set 34 years ago. Now, Koo says, Chinese academics and policymakers are flocking to Japan to glean some kind of wisdom from the country's experience. Advertisement"This has made Japan attractive for foreign investors, and the stock market has done well," Koo said. Even without a currency war with Beijing, the world is building defenses against another wave of Chinese goods.

Persons: —, Goldman Sachs, there's, Nomura, Richard Koo, Koo, Shinzo Abe, Japan's, What's, it's, we're, haven't, Xi Jinping, doesn't, Xi, we've, Brasília Organizations: Nikkei, Goldman, Bank of Japan, Corporations, International Monetary Fund, Japan, Peterson Institute, European Union, China Locations: East Asia, China, Japan, Real, Tokyo, Beijing, Brussels, Brasília, American, Washington, Brazil, Turkey

☆ Jim Cramer urges 'patience, patience, patience' on Apple stock, and two analysts also make the case
▼ + stars: | 2024-03-12 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

AAPL YTD mountain Apple (AAPL) year-to-date performance Jim Cramer on Tuesday acknowledged Apple's recent woes but encouraged investors to have "patience, patience, patience," with the stock. Apple's China sales — amounting to nearly 20% of overall revenue — continues to weigh on the company due to the country's tepid consumer spending, along with stiffening local smartphone competition . Investors are hoping to hear more about Apple's AI ambitions at the company's annual Worldwide Developers Conference in June. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Apple, It's, —, Jim Cramer, Apple's, iPhones, Jim, Tim Cook, we're, Jim Cramer's, Wang Gang Organizations: Big Tech, Bank of America, Nvidia, Meta, Microsoft, Apple, ISI, Service, Developers Conference, CNBC, Getty Locations: China, Shanghai

☆ American's housing shortage won't be solved for years to come
▼ + stars: | 2024-01-29 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

Read previewThe tight housing market has shown recent signs of easing, but Moody's Analytics still anticipates Americans will face inventory snags for years to come. Based on data from the end of December, the monthly sales pace implies 3.2 months' of housing inventory, according to the National Association of Realtors. That shortage suggests a recovery in the housing market remains years away, the researchers said. "One good year of 'excessive' supply was only in its relative term when compared with affordability-constrained demand," Moody's researchers said. Ultimately, to Moody's, increasing housing inventory and rebalancing the market will take years of "joint effort and creativity" across the public and private sectors.

Persons: —, Nick Villa, Moody's Organizations: Service, Business, National Association of Realtors, NAR

☆ Barclays CEO says difference in Labour and Conservative economic policy is 'fairly minimal'
▼ + stars: | 2024-01-18 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

LIVERPOOL, U.K. - Oct. 11, 2023: Britain's main opposition Labour Party leader Keir Starmer applauds a speaker the final day of the annual Labour Party conference in Liverpool, northwest England, on October 11, 2023. Paul Ellis | Afp | Getty ImagesPolitical risk in the U.K. is "far less than it's ever been" as the difference between the ruling Conservative Party and main opposition Labour on economic policy is "fairly minimal," Barclays CEO C.S. The U.K. is set to hold a General Election later this year, and the latest polling consistently suggests a landslide Labour victory, bringing an end to fourteen years of Conservative rule. "I think the political risk in the U.K. is far less than it's ever been," Venkatakrishnan told CNBC at WEF. The difference in economic policies between the two, and they're both striving to say so, are fairly minimal," he said, referencing two former British leaders.

Persons: Keir Starmer applauds, Paul Ellis, Venkatakrishnan, Keir Starmer, Rishi Sunak's, Rachel Reeves, Margaret Thatcher, James Callaghan, Labour's Organizations: LIVERPOOL, Labour Party, Afp, Getty, Conservative Party, Labour, Barclays, C.S, Conservative, Labour's Shadow, Economic, CNBC Wednesday, CNBC, WEF, British Locations: Liverpool, England, Davos, Switzerland

☆ Davos: Zelensky warns Putin’s war must not become ‘frozen’ as Ukraine faces shortage of weaponry and aid
▼ + stars: | 2024-01-16 | by ( Christian Edwards | Niamh Kennedy | ) edition.cnn.com time to read: +6 min

Is the third world war possible? Putin’s war was less than a year old when Zelensky last spoke at Davos via a video link in January 2023. Zelensky said the West's fears that supplying weapons would escalate the war cost Ukraine time, lives and opportunities. Speaking at Davos shortly before Zelensky, NATO Secretary-General Jens Stoltenberg said only continued support for Ukraine would make Putin to relent. “And the paradox is that, if we want that to happen… the way to get there is [to send] more weapons to Ukraine.

Persons: Volodymyr Zelensky, Zelensky, “, Putin, ” Zelensky, Valery Zaluzhny, Ukraine’s, Ursula von der Leyen, Von der Leyen, ” Von der Leyen, Ursula Von der Leyen, Gian Ehrenzeller, ’, ”, Fabrice Coffrini, Jens Stoltenberg, ” Stoltenberg Organizations: CNN, Economic, Hamas, ”, Getty, NATO Locations: Davos, Switzerland, Ukraine, Russia, Kherson, Kharkiv, Kyiv, Pyongyang, Tehran, AFP

☆ We're making 2 small stock sales to bulk-up our cash in a market that seems ahead of itself
▼ + stars: | 2024-01-08 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

Shortly after the opening bell, we'll be selling 70 shares of DuPont (DD) at roughly $76.69 and 50 shares of TJX Companies (TJX) at $roughly $91.71. We're making a couple more small sales Monday morning and raising a little extra cash as we remain concerned that the recent Federal Reserve-driven rally has moved too far too fast . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Jim Cramer's, we've, TJX, Jim Cramer, Jim Organizations: DuPont, TJX Companies, CNBC Locations: China, Maxx

☆ Here were the biggest winners and losers from Black Friday
▼ + stars: | 2023-11-27 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Despite the seeming rush to shop, this Black Friday ushered in moderately higher promotions over last year and mixed in-store traffic, according to some Wall Street analysts. Black Friday winners Value-focused shopping destinations seemed to win big Friday, based on annual store checks from a slew of Wall Street shops. The Black Friday shopping extravaganza also ushered in some bullish sentiment toward Shopify . Black Friday losers Not every popular retailer seemed to kick off the holiday shopping period on a strong note. While Lululemon drove strong in-store traffic, helped in part by advertising use in Black Friday markdowns, Nike and Under Armour both showed higher promotions, said Piper Sandler's Abbie Zvejnieks.

Persons: Michael Lasser, Bradley Thomas, Thomas, Kohl's, Morgan Stanley, Alex Straton, Goldman Sachs, Kate McShane, JPMorgan's Matthew Boss, Piper Sandler's Korinne Wolfmeyer, Morgan Stanley's Keith Weiss, Bhavin Shah, shouldn't, Nordstrom, Straton, Lululemon, Armour, Piper Sandler's Abbie Zvejnieks, lululemon Organizations: Adobe Analytics, UBS, Walmart, KeyBanc Capital, Dick's Sporting Goods, Body, Deutsche, Eagle Outfitters, Nike Locations: U.S

☆ Ad tech firm Trade Desk sinks as auto, Hollywood strikes hit forecast
▼ + stars: | 2023-11-10 | by ( Samrhitha A | ) www.reuters.com time to read: +2 min

Nov 10 (Reuters) - Shares of advertising tech firm Trade Desk (TTD.O) plunged 19% on Friday following a quarterly revenue forecast dented by a slowdown in spending from labor strike-hit automakers and media companies. Trade Desk has what it calls "a marketplace" of more than 200 companies, including ESPN, Hulu and Fox, where advertisers can choose to show their ads. The company also caters to brands such as Warner Bros Discovery (WBD.O), which warned this week the sluggishness in advertising trends could continue into the next year. Trade Desk expects fourth-quarter revenue of at least $580 million, which was $30 million lower than estimates, according to LSEG data. "We appreciate the near-term conservatism and think that Trade Desk sits in a unique position to deliver defensibility in a deteriorating macro but also growth in an improving one," RBC Capital Markets analysts said.

Persons: Piper Sandler, Jeff Green, Samrhitha, Sriraj Organizations: Google, ESPN, Hulu, Fox, Warner Bros Discovery, Trade, RBC Capital Markets, Thomson Locations: Alphabet's, Bengaluru

The second largest contributor to real gross domestic product growth in the third quarter came from business inventories (1.3 percentage points). South Korea's KOSPI-100 equity index, which is usually a good proxy for global trade given its heavy weighting towards export-oriented firms, rebounded strongly through the end of July. But the index has since weakened, consistent with the renewed downturn in volumes shown in the global trade index. UNCERTAINTYUncertainty about the economic outlook and ambiguous data are usually greatest around turning points in the business cycle. Related columns:- Persistent U.S. services inflation dampens oil outlook (October 13, 2023)- U.S. manufacturing rebound will stretch diesel supplies (October 5, 2023)- Global container freight stuck in doldrums (June 23, 2023)- Global freight shows signs of bottoming out (April 27, 2023)John Kemp is a Reuters market analyst.

Persons: Stringer, Korea's, John Kemp, David Evans Organizations: REUTERS, Global, Economic, Service, Real, Ministry of Transport, Treasury, Thomson, Reuters Locations: Qingdao, Shandong province, China, United States, Netherlands, CHINA, ASIA, Singapore, Asia, Europe, Japan, Narita, EUROPE Europe, Ukraine, Germany, doldrums

☆ We're lowering our price target on Morgan Stanley as shares tumble on earnings results
▼ + stars: | 2023-10-18 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

Morgan Stanley (MS) reported better-than-expected third-quarter results Wednesday, even as investor disappointment over its wealth management business and the prolonged slump in investment banking weighed heavily on shares — prompting us to lower our price target on the Club holding. Bottom line Morgan Stanley shares plummeted by 6.6% Wednesday, to hit a new 52-week low of roughly $75 apiece. Wealth management revenues increased about 5% on an annual basis, but fell short of analysts' forecasts. Morgan Stanley management has previously said it would be misguided to extrapolate one quarter's results on net new assets to the next. The Morgan Stanley headquarters is seen in New York City on Jan. 17, 2023.

Persons: Morgan Stanley, it's, they've, James Gorman, Morgan Stanley repurchased, Jim Cramer's, Jim Cramer, Jim, Michael M Organizations: Club, Revenue, LSEG, Wall, Wealth, Federal Reserve, Equity, Capital, CNBC, Santiago, Getty Locations: IPOs, New York City

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