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☆ Battleground stocks: Wall Street is completely divided on these controversial names
▼ + stars: | 2024-09-19 | by ( Brian Evans | ) www.cnbc.com time to read: +4 min

Forty-one percent of analysts polled by FactSet have a buy rating on Tesla stock, while 21% have a sell rating. About 43% of analysts surveyed by FactSet maintain a buy rating on IBM stock, but 21% are at a sell. He also noted that the risk-to-reward skew on IBM stock is more balanced, leaving less upside for the stock. IBM YTD mountain IBM stock. Goldman Sachs recently added IBM to its conviction list with a $220 price target, or 2% above where shares closed Wednesday.

Persons: Tesla, TSLA, Wolfe Research's Emmanuel Rosner, Rosner, Morgan Stanley, Adam Jonas, Jonas, Elon Musk, Bernstein's Toni Sacconaghi, Sacconaghi, Goldman Sachs, Jim Schneider, Campbell Soup Organizations: CNBC Pro, FactSet, U.S, automakers, IBM, Pepperidge

☆ Richard Bernstein's Michael Contopoulos says Fed rate cut could risk reaccelerating inflation
▼ + stars: | 2024-09-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRichard Bernstein's Michael Contopoulos says Fed rate cut could risk reaccelerating inflationRichard Bernstein's Michael Contopoulos joins the 'Fast Money' traders with reaction to today's Federal Reserve rate decision.

Persons: Richard Bernstein's Michael Contopoulos Organizations: Federal

☆ Harvey Weinstein hit with new sex crime charge in New York
▼ + stars: | 2024-09-18 | by ( ) www.cnbc.com time to read: +2 min

Former film producer Harvey Weinstein appears in court in New York, U.S., September 18, 2024. Harvey Weinstein pleaded not guilty Wednesday to a new sex crime charge in New York, as he awaits retrial in his landmark #MeToo case. Prosecutors revealed last week that Weinstein had been indicted on additional sex crime charges that weren't part of the case that led to his now-overturned 2020 conviction. While bracing for the new charges, Weinstein also is awaiting retrial after New York state's highest court this spring overturned his 2020 conviction on rape and sexual assault charges involving two women. Weinstein, who also was convicted in 2022 in a Los Angeles rape case, remains behind bars while awaiting his New York retrial.

Persons: Harvey Weinstein, Prosecutors, Weinstein, —, it's, Judge Curtis Farber, Love Organizations: Prosecutors, New York, Appeals, Bellevue Hospital, Miramax, Weinstein Company Locations: New York, U.S, Tribeca, Manhattan, New, Los Angeles, York, Bellevue, Hollywood

☆ Progressives aren't quite sure how to deal with Jill Stein
▼ + stars: | 2024-09-17 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +8 min

The New York progressive was asked how to convince people who supported Green Party presidential candidate Jill Stein that they were "wasting their time and effort." "You are the leader of your party," Ocasio-Cortez said of Stein, who's running for president for the third time this year after mounting bids in 2012 and 2016. In interviews at the Capitol last week, they ranged from conciliatory to critical when the topic of the Green Party arose. Rep. Greg Casar of Texas even confessed that the Green Party "hasn't been something that's crossed my mind a lot." AdvertisementRep. Becca Balint of Vermont charged that candidates like Stein and West are "ego driven" and "not reading the room."

Persons: Alexandria Ocasio, Cortez, Jill Stein, Stein, who's, It's, it's, she's, Trump, She's, Ocasio, Jill Stein hasn't, Donald Trump's, There's, Cornel West, Ro Khanna, Jamaal Bowman, Bowman, there's, That's, Ilhan Omar, Instagram, M1wMHDqdtH — bryan metzger, Stein's, Joe Biden, Progressives weren't, they've, Kamala Harris, who've, — Bowman, Cori Bush, Missouri —, Sen, Bernie Sanders —, Hillary Clinton's, Harris, Greg Casar, Becca Balint, Vermont, Balint Organizations: Service, Green Party, Business, Democratic Party, Democratic, Greens, Pelosi, American, Progressives, AIPAC, Council, Islamic Relations, Lawmakers, Green, Capitol Locations: Alexandria, York, Russia, Ocasio, Gaza, Israel, Michigan , Wisconsin, Pennsylvania, Wisconsin , Michigan, North Carolina, California, Chicago, Minnesota, Missouri, Dearborn , Michigan, Texas, West

☆ Oracle has been a 'hidden story' as they shifted to the cloud, says Bernstein's Mark Moerdler
▼ + stars: | 2024-09-13 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOracle has been a 'hidden story' as they shifted to the cloud, says Bernstein's Mark MoerdlerMark Moerdler, Bernstein senior global software analyst, joins CNBC to discuss why he has an outperform rating on Oracle, thoughts on Adobe, and more.

Persons: Mark Moerdler Mark Moerdler, Bernstein Organizations: Oracle, CNBC

Harvey Weinstein, the disgraced Hollywood mogul whose alleged sexual misconduct fueled the #MeToo movement, has been indicted on new charges by a New York City grand jury, Manhattan prosecutors announced during a court hearing Thursday. The new indictment is under seal, prosecutor Nicole Blumberg told Judge Curtis Farber, who has set a trial date for Nov. 12. NBC News was the first to report this month that a grand jury had been convened to hear from women who had come forward with new accusations against Weinstein, 72. Weinstein was convicted in 2020 of third-degree rape of one woman and first-degree criminal sex act against another woman after a trial in New York, where he was sentenced to 23 years in prison. New York prosecutors announced months later that they intended to recharge Weinstein for the same crimes and possibly bring forward new charges.

Persons: Harvey Weinstein, Nicole Blumberg, Curtis Farber, Weinstein, Oscar, Bob Weinstein, ”, Love, Weinstein's Organizations: Hollywood, New, NBC, Bellevue Hospital Locations: New York City, Manhattan, Bellevue, New York, York, Los Angeles

☆ Bernstein tech analyst calls Oracle his top investment idea
▼ + stars: | 2024-09-12 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Seeing more upside ahead, Bernstein has named Oracle a "top investment idea" for investors seeking to play the cloud trade. On Tuesday, Oracle jumped more than 11% following better-than-expected first-quarter earnings , putting its shares at a 49% gain year-to-date. ORCL YTD mountain Oracle, year-to-date In a Thursday note, analyst Mark Moerdler cited Oracle's customer mix and the quality of its workloads – both of which offer downside protection – as key to the call. "We have watched as Microsoft has quietly become the largest security software/Cloud provider, and now we are seeing some fascinating security capabilities/offerings from Oracle," he said. "Watch out security vendors, Oracle is coming."

Persons: Bernstein, Mark Moerdler, Moerdler Organizations: Oracle, Microsoft

☆ Nvidia still has legs and room to run, says Bernstein's Stacy Rasgon
▼ + stars: | 2024-09-12 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia still has legs and room to run, says Bernstein's Stacy RasgonStacy Rasgon, Bernstein Research chip analyst, joins 'Closing Bell' to discuss Nvidia as the stock began to rally this week after having a slight pullback.

Persons: Bernstein's Stacy Rasgon Stacy Rasgon Organizations: Nvidia, Bernstein Research

☆ Watch CNBC's full interview with Carlyle Group co-founder David Rubenstein
▼ + stars: | 2024-09-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Carlyle Group co-founder David RubensteinDavid Rubenstein, Carlyle Group co-founder and co-chairman, joins 'Squawk Box' to discuss Rubenstein's new book, why it's harder to figure out campaign policy plans, and Rubenstein's biggest takeaway after interviewing past presidents.

Persons: David Rubenstein David Rubenstein Organizations: Carlyle Group

☆ Einstein's 1939 letter, warning of atomic weapons, just sold at auction for $3.9 million
▼ + stars: | 2024-09-11 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +4 min

Now, a copy of that letter, also signed by Einstein, has sold at a Christie's auction for $3.9 million. Though Einstein didn't write the letter, his worldwide esteem meant his signature added significance and credibility to the letter. Einstein's influence on the Manhattan ProjectEinstein's letter to Roosevelt sold for nearly $3.9 million at auction. Related storiesFor Szilard and Einstein, the possibility of the Germans creating a nuclear weapon was reason enough to write President Roosevelt. AdvertisementOnce Germany surrendered, however, Szilard and Einstein no longer felt the use of nuclear weapons was justified.

Persons: —, Albert Einstein, Franklin Roosevelt, Einstein, Roosevelt, Franklin, Peter Klarnet, Christie's, Einstein didn't, Paul Allen, Allen, Malcolm Forbes, Leo Szilard's, Szilard, Adolf Hitler's, Bertrand Russell, Russell Organizations: Service, Business, Manhattan Project, Microsoft, Guardian, Manhattan, US Army Intelligence, Einstein Locations: New York, Christie's, Germany, Hungarian, Europe, Hiroshima, Nagasaki, Japan

☆ Using ETFs to capture momentum during the market's wild swings
▼ + stars: | 2024-09-11 | by ( Emily Glass | ) www.cnbc.com time to read: +1 min

Alliance Bernstein is behind the AB US Low Volatility Equity ETF. For comparison, FactSet lists the top holdings for Invesco's Low Volatility ETF as stocks that are traditionally more stable: Berkshire-Hathaway , Coca-Cola and Visa . Archard notes there's still a place for historically less volatile stocks such as consumer staples and financials . For example, FactSet shows that Alliance Bernstein's low-volatility ETF also includes exposure in names including Procter & Gamble and Fiserv . The AB US Low Volatility ETF is up 16% so far this year as of Wednesday's close.

Persons: Bernstein, FactSet, Noel Archard, CNBC's, there's Organizations: Big Tech, Microsoft, Apple, Hathaway, Cola, Visa, Procter & Gamble Locations: Berkshire

☆ Wall Street Apple analysts underwhelmed by new iPhone's AI features
▼ + stars: | 2024-09-10 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Apple 's high stakes September launch event left some Wall Street analysts feeling unsettled. The largest company in the U.S. announced a host of new products Monday at its California headquarters, including a new Apple Watch, AirPods and the highly anticipated iPhone 16 that harnesses AI tools called Apple Intelligence. The delayed AI launch also creates uncertainty for sales volumes over the next two quarters, Long added. UBS analyst David Vogt viewed the event as "anticlimactic," adding that Apple offered no "killer" AI application. Elsewhere, Piper Sandler's Matt Farrell reiterated his neutral rating and $225 price target, noting that a slow rollout of Apple Intelligence could actually hamper enthusiasm for the features.

Persons: Tim Long, Apple, Long, Bernstein's Toni Sacconaghi, David Vogt, Wells, Aaron Rakers, Samik Chatterjee, MoffettNathanson's Craig Moffett, Tim Cook, Piper, Matt Farrell, Brandon Nispel Organizations: Apple, U.S, Apple Watch, Apple Intelligence, Barclays, UBS, Beta Locations: California, China, Europe

☆ Trump's lawyers say an accuser's sexual-assault testimony should have been tossed because the incident was aboard an airplane
▼ + stars: | 2024-09-06 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +10 min

Leeds' allegations weren't part of Carroll's accusations, but the trial judge allowed her testimony because they demonstrated what Carroll's lawyers argued was a pattern of behavior by Trump. "It's very hard to overturn a jury verdict for evidentiary grounds," he said. Sauer argued that Trump's case was "a textbook example" of a case wrongly propped up by propensity evidence rather than Trump's actual conduct. LEONARDO MUNOZ/AFP via Getty ImagesShe also jabbed at Habba's earlier claims that she might have some kind of conflict of interest with the trial judge, US District Judge Lewis Kaplan. Presidential immunity played a role in earlier court fights in the Carroll case.

Persons: —, Donald Trump, Jean Carroll, John Sauer, Jessica Leeds, Trump, Sauer, Denny Chin, Roberta Kaplan, Leeds, defaming Carroll, Alina Habba, Kaplan, Carroll, Todd Blanche, Emil Bove, Boris Epshteyn, Joshua Katz, CHARLY TRIBALLEAU, Getty Images Carroll, Bergdorf Goodman, Blanche, Bove —, Harvey Weinstein's, Susan Carney mused, Marci Hamilton, LEONARDO MUNOZ, Lewis Kaplan, Kamala Harris, Bove, Juan Merchan, she'd Organizations: Service, Republican, Business, Leeds, Circuit, Trump, Getty Images, US, University of Pennsylvania, Getty, Democratic Locations: Manhattan, Leeds, AFP, New York, Washington, DC, New, United States

☆ Trump will mimic Harvey Weinstein's successful appeal to fight his own sexual-assault verdict Friday. It won't be as easy.
▼ + stars: | 2024-09-05 | by ( Laura Italiano | Jacob Shamsian | ) www.businessinsider.com time to read: +10 min

The judge who oversaw the trial later said: "Trump 'raped' her as many people commonly understand the word 'rape.'" AdvertisementBut the lawyers who won Weinstein's appeal told Business Insider that what worked for their client probably wouldn't work for Trump. In the May 2023 verdict, the jury found Trump liable for sexual abuse and defamation and awarded Carroll $5 million in damages. In the second trial, earlier this year, a separate jury said Trump owed Carroll an additional $83 million in defamation damages. AdvertisementInstead, it needed to find it was "more probable than not" that Trump sexually assaulted Carroll, a standard far more common in civil cases.

Persons: —, Donald Trump, Trump, Jean Carroll, Harvey Weinstein, John Sauer, he'll, Carroll, Sauer, It's, Weinstein, Barry Kamins, Kamins, Marci Hamilton, Goodman, Lewis Kaplan, Jessica Leeds, Natasha Stoynoff, Brittainy Newman, Diane Kiesel, Stoynoff, you've, Kaplan, Roberta Kaplan, Roberta Kaplan's, Jane Rosenberg Trump's, Arthur Aidala, shouldn't Organizations: Service, Business, Appeals, 2nd, Mar, New York state's, Trump, Hollywood, Child USA, New, Leeds, York state's, Stoynoff, New York Law School, REUTERS Locations: Manhattan, Lago, New York, Los Angeles, Brooklyn, Aidala, York, Leeds, Bergdorf's, Carroll, Carroll's, Hamilton

☆ Trump spent the weekend flying around America on a plane previously owned by Jeffrey Epstein
▼ + stars: | 2024-08-12 | by ( Jacob Shamsian | Graham Rapier | ) www.businessinsider.com time to read: +6 min

Read previewDonald Trump took several trips over the weekend on a private jet once owned by Jeffrey Epstein. That Gulfstream jet also once carried Jeffrey Epstein, who used the tail number N212JE while he owned it, up until his death in 2019. AdvertisementAccording to public flight records, the Gulfstream jet flew on Friday afternoon from Ontario International Airport in Canada to an airport in Bozeman. It's unclear whether Trump or anyone on his campaign knew the plane was once owned by Epstein. Epstein owned at least five different private planes before his death.

Persons: —, Donald Trump, Jeffrey Epstein, Jackson, Epstein, Trump hasn't, Mitch Williamson, Trump, didn't, James L, Williamson, Anna Moneymaker, Prince Andrew, Bill Clinton, Kevin Spacey, Naomi Campbell, Marla Maples, Eric, Tiffany Trump Organizations: Service, Gulfstream, Trump, Trump Force, Business, Federal Aviation Administration, JetBlue, International Air Transport Agency, FAA, Boeing, Gulfstream G550, US, Ontario International Airport, Gulfstream GV, Frontier Enterprises, Republican, Federal, Commission, Miami Herald, N550GP, Aviation Group, Aviation, Hawker Siddeley HS, British Aerospace, Daily Mail, Trump Organization, Records Locations: Aspen, Paris, New, Teterboro, WN, Billings , Montana, Bozeman, Canada, Wyoming, Colorado, Ontario, Manhattan, Palm, California, Palm Beach and New York City

☆ Apple analysts shrug off Warren Buffett's big sale, remain bullish on the tech giant
▼ + stars: | 2024-08-06 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Warren Buffett's head-turning sale of his big Apple stake did not faze Wall Street analysts' conviction in the iPhone maker. Bank of America noted that Apple shares rallied 23% in the second quarter despite Berkshire's selling, showing the stock's strength. AAPL YTD mountain Apple Bernstein's Toni Sacconaghi believes Buffett started trimming Apple because the stock was getting too expensive for the value investor. Bernstein pointed out that Berkshire built most of its Apple position at a 15 times multiple, while selectively adding at 20 times earnings or below and trimming at 30 times earnings and above. Apple traded above 30 times earnings on average in the second quarter.

Persons: Warren Buffett's, Berkshire Hathaway, Tim Cook, America's Wamsi Mohan, Mohan, Buffett, Apple, Toni Sacconaghi, Sacconaghi, Bernstein, Ted Weschler, Todd Combs Organizations: Apple, Oracle, " Bank, America's, Bank of America, Apple . Berkshire, Wall, Research Locations: Omaha, Berkshire

☆ Market rotation makes 'fundamental sense,' says Bernstein's Dan Suzuki
▼ + stars: | 2024-08-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarket rotation makes 'fundamental sense,' says Bernstein's Dan SuzukiDan Suzuki, deputy chief investment officer at Richard Bernstein Advisors, joins CNBC's 'The Exchange' to discuss the fundamentals behind the market selloff, how to position, and more.

Persons: Bernstein's Dan Suzuki Dan Suzuki, Richard Bernstein Organizations: Richard, Richard Bernstein Advisors

☆ Why CTOs have the biggest job on Wall Street right now. Tech leaders from Goldman and Citadel open up about how the job is evolving in the age of AI.
▼ + stars: | 2024-08-02 | by ( Bianca Chan | ) www.businessinsider.com time to read: +8 min

"The most powerful part of the AI story thus far is the chief technology officer, chief information officer," Griffin said at the Milken Global Institute. At the most profitable hedge fund of all time, that person is Umesh Subramanian, Citadel's chief technology officer. But in the age of generative AI, the role of the CTO has evolved into something that reaches far beyond the back office. Nearly two years after OpenAI introduced ChatGPT, finance firms are still trying to figure out the best ways to leverage generative AI for their own businesses and workers. Related stories"The level of investment right now in AI, trickling down the whole value chain, is no longer only a technology investment," Argenti said.

Persons: —, Ken Griffin, Griffin, They've, Subramanian, OpenAI, it's, Andrew Chin, AllianceBernstein, Goldman Sachs, Marco Argenti, Chin, Wells, Bridget Engle, Engle, Keri Smith, Argenti, Citadel's Subramanian, Wall, Accenture's Smith, AllianceBernstein's Chin, Goldman's Argenti Organizations: Service, Citadel, Milken Global Institute, Business, BNY Mellon, Goldman, Amazon Web Services, Management, Accenture, Tech, Wall Locations: Wall

☆ Bernstein's Toni Sacconaghi breaks down Apple's Q3 results
▼ + stars: | 2024-08-02 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBernstein's Toni Sacconaghi breaks down Apple's Q3 resultsToni Sacconaghi, Bernstein senior research analyst, joins 'Squawk Box' to discuss Apple's quarterly earnings results, growth outlook, and more.

Persons: Toni Sacconaghi, Bernstein

Along with the downgrade, Roach slashed her price target to $286 from $463. Along with the downgrade, Arya cut his price target to $23 from $35 a share. — Samantha Subin 6:15 a.m.: Apple results suggest 'best is yet to come,' support multiyear upgrade cycle The latest earnings report from Apple reaffirms analysts' confidence in the technology giant and a multiyear upgrade cycle when it launches its latest iPhone later this year. Bernstein's Mark Shmulik trimmed his price target by $5 to $210 a share but encouraged investors to use the sell-off as an entry point. His price target of $95, down from $99, implies downside of 6.6% over the next 12 months.

Persons: Wells Fargo, Morgan Stanley, Henning Cosman, Cosman, — Samantha Subin, Goldman Sachs downgrades Lululemon, Goldman Sachs, Lululemon, Brooke Roach, Roach, LULU YTD, Vivek Arya, Arya, Samantha Subin, America's Wamsi Mohan, macOS, Samik Chatterjee, Citi's Atif Malik, Bernstein's Toni Sacconaghi, Morgan Stanley's Brian Nowak, ISI's Mark Mahaney, Bernstein's Mark Shmulik, Wells, downgrades Morgan Stanley Wells Fargo, Mike Mayo, Mayo, Morgan, Fred Imbert Organizations: CNBC, Barclays, Ferrari, Bank of America, Intel, AMD, Apple, Apple Intelligence, America's, Amazon, Web Services, North Locations: Europe, U.S, Lululemon

☆ A murderous ghost haunted an exclusive Jamaican resort for centuries. But could she survive a paranormal investigation?
▼ + stars: | 2024-08-02 | by ( Jack Bantock | ) edition.cnn.com time to read: +15 min

Tucked between the towering Blue Mountains and azure Caribbean Sea, the White Witch Golf Course is 6,758 yards of green serenity in one of Jamaica's bubbliest resort towns. Rose Hall Developments Rose Hall Great House is the jewel in the estate's crown, a plantation mansion that had fallen into ruin before American businessman John Rollins purchased the 7,000-acre plot in the 1960s and restored the building to its colonial-era opulence. Rose Hall DevelopmentsAnnie supposedly murdered her husband to assume ownership of Rose Hall, which she went on to run with an iron fist. You can’t miss it.”Palmer's ghost is said to roam the fairways of the White Witch golf course on horseback. The White Witch course – which had cost some $8.5 million to build – was forced into contingency planning, but rebounded over the subsequent decade.

Persons: Johnny Cash, Rose, Annie Palmer, ”, Cash, Cinnamon, ” Cash, Rose Hall, White, John Rollins, Rollins, Edward Burke, Anna Nordqvist, Kevin C, Cox, Usain Bolt, James Bond superfans, Roger Moore, Bond, Baron Samedi, Keith Stein, Stein, it's, Palmer, Baron, James Bond, Annie Mary Paterson, Paterson, John Palmer, Hall, Hall Developments Annie, ” Stein, Takoo, Playtime, “, Benjamin Radford, Radford, Rose Hall’s, ” Radford, can’t, –, Waddell, James Castello, Herbert G, Geoffrey S, Yates, Rosa Palmer, Kelly, née Paterson, ” Palmer, “ She’s, “ it’s Organizations: CNN, Rose Hall Great House, Rose Hall, Rose, Rose Hall Developments Rose, Great, Jamaica LPGA, White Witch, Hall Developments, Inquirer, Jamaica Archives Locations: Caribbean, Montego Bay, American, Swedish, Toronto, Montego, Haiti, British, ”, Jamaica, Delaware, Palmyra, Bonavista, Jamaican, “, Inverness

☆ Wall Street analysts think investors should buy the dip in Amazon, call cloud business a 'bright spot'
▼ + stars: | 2024-08-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Investors may way to consider buying the dip in Amazon , according to some Wall Street analysts. A 'bright spot' in AWS Despite Thursday's disappointing results, many Wall Street analysts are finding the positive in the company's Amazon Web Services division. Many expect this business to continue gaining steam, with Susquehanna Financial Group's Shyam Patil referring to this acceleration as a "bright spot" in the results. Evercore ISI's Mark Mahaney referred to accelerating AWS growth as one of "three fundamental catalysts" for the stock. Bank of America's Justin Post named the stock the firm's top large cap picks, citing the AWS acceleration and opportunity within artificial intelligence.

Persons: Deutsche Bank's Lee Horowitz, Deutsche Bank's Horowitz, Mark Shmulik, Shyam Patil, Patil, Morgan Stanley's Brian Nowak, Evercore, Mark Mahaney, Bank of America's Justin Post, We're, Doug Anmuth, Anmuth Organizations: Deutsche, Wall, Web Services, Susquehanna, Bank of America's

☆ 'Baby Reindeer' Lawsuit: Why Netflix's 'True Story' Dramas Are Getting Them Sued
▼ + stars: | 2024-08-02 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +12 min

To many, "Baby Reindeer" is known as the Netflix series that swept the internet in the spring of 2024 with its harrowing, seemingly true tale based on creator Richard Gadd's experience of being stalked. Richard Gadd as Donny Dunn and Jessica Gunning as Martha Scott in "Baby Reindeer." The drama over "Baby Reindeer," which has been both a boon and a threat to the streamer, reflects a larger reckoning for prestige TV's favorite pastime: adapting true stories. Atsushi Nishijima/Netflix Show less "Baby Reindeer." Harvey's lawyer Roth doesn't think Netflix particularly cared about the risk of legal action when it greenlit "Baby Reindeer."

Persons: Richard Gadd's, Fiona Harvey, Gadd, Donny, he'd, Martha Scott, Martha, Richard Gadd, Donny Dunn, Jessica Gunning, Ed Miller, Piers Morgan, Harvey, Rachel DeLoache Williams, Anna Delvey, Anna Sorokin, Anna, Linda Fairstein, Ava DuVernay, Fairstein, Felicity Huffman, Katie Lowes, Rachel, Julia Garner, Laverne Cox, Duke, Alexis Floyd, Neff, Aaron Epstein, Buster Murdaugh, Alex Murdaugh, Kelly's, Kelly, Richard Roth, Joan of Arc, Victoria Price, Judge Horton, Ruby Bates, Bates, Michael, Bette, Joan ", Olivia de Havilland, we're, they're, Macbeth, Atsushi Nishijima, Griselda Blanco's, Griselda, Harvey's, Roth, There's, Jeff Lewis, there's, Lewis, Netflix hasn't, Jackie Ward, Ward Organizations: Netflix, Business, Former New York, Neff Dav, Lifetime, Hollywood, NBC, Scottsboro, Disney Locations: Scottish, England, California, Former New York City, Tennessee, New York, Los Angeles

☆ Bernstein's Toni Sacconaghi breaks down his expectation for Apple's earnings and iPhone sales
▼ + stars: | 2024-08-01 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBernstein's Toni Sacconaghi breaks down his expectation for Apple's earnings and iPhone salesToni Sacconaghi, Bernstein senior research analyst, joins 'Power Lunch' to discuss what he expects from Apple's earnings and iPhone launch next month.

Persons: Toni Sacconaghi, Bernstein

"While company reported 2Q results ahead of guidance on higher take-rate, weaker 3Q guidance and removal of FY GMS outlook suggest no near-term visibility," the analyst wrote. Etsy stock is 20% lower on the year but has increased 16% since July 8. Positively, AmEx did see slightly better [small or midsize enterprise] spend in Q2'24," wrote analyst Donald Fandetti. Bank of America lifted its price target to $563 from $555, while Citi increased its target to $580 from $555. Its price target of $220, up from $175, implies upside of 23% from Wednesday's close.

Persons: Morgan Stanley, Robinson, Brian, Ossenback, — Lisa Kailai Han, Oppenheimer, Jason Helfstein, Etsy's, Etsy, Helfstein, he's, Lisa Kailai Han, Wells, David Lantz, Lantz, Carvana, Raymond James, Brian Vaccaro, Vaccaro, AmEx, Donald Fandetti, Fandetti, Goldman Sachs, Ross Sandler, Andrew Percoco, Fred Imbert Organizations: CNBC, GE, JPMorgan, Carvana, TAM, Management, American Express, America Express, Meta, Wall Street, Goldman, Citi, Barclays, Bank of America, Google, GE Vernova, General Electric Locations: C.H, Etsy, Wingstop, Wells Fargo, Q2'24, 2H24, Wednesday's

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