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Yet, some experts say they are seeing a renewal of so-called animal spirits. "Animal spirits" is a term first coined by economist John Maynard Keynes and refers to the tendency for human emotion to drive investment gains and losses. watch nowSome experts say animal spirits are a sign of consumer confidence. "It's essentially why dead investors outperform living investors, because dead investors are not impacted by their animal spirits," Klontz said. Research has shown dead investors' portfolios tend to outperform, since they are left untouched because they are less likely to be influenced by emotional decisions, such as panic selling or buying.
Persons: Timothy A, Clary, Donald Trump, John Maynard Keynes, Brad Klontz, Klontz, Scott Wren, Wells, Wren, , We're Organizations: New York Stock Exchange, Getty, Trump, Dow Jones, Research, Investors Locations: Wells Fargo, U.S
Jake Paul unanimously defeated Mike Tyson Friday night in Arlington, Texas, after fighting a marquee bout on Netflix. “Yeah, definitely a bit,” Paul said during the post-fight press conference after being asked if he went easy on Tyson. “I wanted to give the fans a show, but I didn’t want to hurt someone that didn’t need to be hurt.”Mike Tyson and Jake Paul in Arlington, Texas, Nov. 15, 2024. Originally slated for this summer, the clash was postponed in May after Tyson suffered a medical setback. "I don’t care what people have to say," Paul said after the event.
Persons: Jake Paul, Mike Tyson, ” Paul, , Timothy A, Clary, Tyson, hadn't, someone’s, Paul, Tyson's Organizations: Netflix, Getty, Paul’s, Texas Locations: Arlington , Texas, AFP, Brooklyn
CNN —Social media influencer-turned-boxer Jake Paul defeated former heavyweight champion Mike Tyson via unanimous decision of their highly anticipated professional bout on Friday night in Arlington, Texas. “First and foremost Mike Tyson, it’s such an honor,” Paul told Tyson after the match. This man is an icon and it’s just an honor to be able to fight him.”Tyson, left, and Paul fight during their heavyweight boxing match. However, Paul responded several moments later, catching Tyson with several well thrown punches, appearing to rock the former heavyweight champion. Paul continued to take control of the fight from there, landing his combinations, and giving Tyson trouble with his jabs.
Persons: Jake Paul, Mike Tyson, Paul, Tyson, ” Paul, , I’m, ” Tyson, Julio Cortez, Timothy A, Clary Organizations: CNN, Social, T, Dallas Cowboys, Getty Locations: Arlington , Texas, AFP
Squid Game, Stranger Things and Bridgerton were all Netflix originals — next up for the streaming giant is Mike Tyson versus Jake Paul in the ring. Purists will regard the card’s co-main event as the truer form of boxing — and the better quality fight. While there has yet been no official announcement, Tyson and Paul are expected to start their ring walks at approximately 11pm ET (4am UK). At Wednesday’s pre-fight news conference, Paul jokingly wore ear covers. When asked in August why he was getting back in the ring, Tyson responded: “I don’t know, that’s the funny question.
Persons: Mike Tyson, Jake Paul, Paul, Tyson, Eddie Hearn, Katie Taylor, Hearn, Amanda Serrano, Taylor, Ed Mulholland, Timothy A, Clary, Muhammad Ali, George Foreman, Evander Holyfield —, , Kevin McBride, Roy Jones Jr, , , “ We’ve, YouTuber Ali Eson Gib, Nate Robinson, Tommy Fury, Tyson Fury, Paul isn’t, Donald McRae, ” Tyson, Serrano … Taylor, Serrano, Sarah Stier, Chantelle Cameron, Stevie Morgan, it’s Organizations: IBF, WBC, WBO, Netflix, T, Dallas Cowboys, Texas Department, Getty, WBA, Las Vegas, Wednesday’s, YouTube, UFC, NBA, BBC, British, Guardian Locations: British, Arlington , Texas, U.S, Nevada, Madison, New York, Republic of Ireland, Puerto Rican
At 58 years old, Tyson will fight Jake Paul, the 27-year-old YouTube-star-turned-boxer who wasn’t even born when Tyson’s career was in its prime. It’s Tyson’s first sanctioned professional match since 2005. Lewis largely controlled the fight, as the champion survived Tyson’s round one onslaught and controlled the pace with strong jabs. The loss accelerated the end of Tyson’s professional career. His final professional bout — until Friday’s against Paul — came against McBride in 2005.
Persons: Mike Tyson, Tyson, Jake Paul, wasn’t, It’s Tyson’s, Kevin McBride, He’s, Evander, Mike ”, , , MIKE TYSON, JAKE PAUL, beckons, Mike ’, Hector Mercedes, Trevor Berbick —, Muhammad Ali —, Mike, ” Tyson’s, Jim Jacobs, Trevor Berbick, Tony Tucker, Michael Spinks, Buster Douglas, Douglas, Tucker, Spinks, Robin Givens, Evander Holyfield, Holyfield Tyson, Holyfield, Jeff Haynes, Francois Botha, Orlin Norris, Lou Savarese, Lennox Lewis, Lewis, Clifford Etienne, Paul —, McBride, ” Tyson, Paul J, Richards, Phil Collins ’ “, Zach Galifianakis, Alan, Roy Jones Jr, outlanding Jones, Paul, Nate Robinson, Friday’s Tyson, , Timothy A, Clary Organizations: T, NETFLIX, Netflix, netflix, WBA, WBC, IBF, MGM, Getty, XIV, , Texas Department Locations: Arlington , Texas, Albany, N.Y, Tokyo, Nevada, California, Miami, Los Angeles
Timothy A. Clary | Afp | Getty ImagesThis 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. What you need to know todayThe bottom lineWhen the numbers are this good, you've got to start with them. "Equities are eager to price in Trump's domestic growth policies," Barclays strategist Venu Krishna said in a note to clients. While the Trump rally has gotten off to a roaring good start, it remains to be seen when — and more importantly, how — it'll end.
Persons: Walter Lundon, Donald Trump, Timothy A, Clary, you've, Russell, Venu Krishna, Mislav Matejka, Neel Kashkari, Kashkari, — CNBC's Sean Conlon, Yun Li, Jesse Pound, Hakyung Kim Organizations: New York Stock Exchange, Getty, CNBC, Dow Jones, Nasdaq, Trump, Barclays, JPMorgan, Minneapolis Locations: New York City
AdvertisementDonald Trump will use his new status as president-elect in a renewed effort to challenge his upcoming sentencing on his Manhattan hush-money conviction, legal experts predicted Wednesday. A US District Court judge rejected that effort in September, and it remains under appeal by the Second Circuit Court of Appeals. "Any of those tracks can get you to the US Supreme Court pretty fast, if that's his goal," Paradis said. REUTERS/Jane RosenbergA 'unique place in this nation's history'Merchan addressed the unique circumstances of prosecuting, trying, and sentencing Trump in September, when he agreed to delay the sentencing for a second time. "A state judge is now potentially setting himself up to sentence the most powerful federal officer in the world."
Persons: Trump, , Donald Trump, Stormy Daniels, He's, Charles Solomon, that's, Solomon, Timothy A, Clary, he's, Juan Merchan, Attorney Alvin Bragg, Merchan, — Trump, Michel Paradis, Paradis, Jane Rosenberg, Mark Bederow, Bederow, Todd Blanche, Emil Bove ., it's, Neama Rahmani, Bragg Organizations: BI, Trump, Service, GOP, Reuters, New, Attorney, Second, Appeals, Columbia Law School, Court, Trump v ., New York City, Joint Chiefs, Staff, United States Supreme, West, Trial Locations: NY, New York, Manhattan, United States, Trump v, Trump v . United States, Central Park
Kevin Lamarque | ReutersTensions are likely running high in Kyiv ahead of Tuesday's presidential election in the U.S. — a vote that could make or break ongoing aid for Ukraine. Officials in Kyiv say the election is being watched closely, amid concerns that future aid could be cut. In the week before the presidential election, Western officials were reported as saying that a Harris administration would likely struggle to push significant aid for Ukraine through Congress. A win by Donald Trump could see him placing a phone call to Russian President Vladimir Putin as early as 6 November. Then President Donald Trump and Russian President Vladimir Putin at a joint press conference after their summit on July 16, 2018, in Helsinki, Finland.
Persons: Volodymyr Zelenskiy, Kamala Harris, Kevin Lamarque, , Donald Trump, Joe Biden, It's, Trump, it's, Yuriy Sak, J.D, Vance, JD Vance, Carlos Osorio, Putin, Harris, Timothy Ash, Reuters Ash, Ash, Tim Willasey, Vladimir Putin, Chris McGrath Organizations: U.S, White, Reuters, NBC News, Republican, Democrats, NATO, Russia, Ukrainian, CNBC, Anadolu, Getty, Kiel Institute of, European Investment Bank, European Commission, Republicans, Kyiv, Reuters Trump, Berenberg Bank, Berenberg, Washington, Congress, Trump, Ukraine, BlueBay Asset Management, Democratic, Royal United Services Institute Locations: Washington , U.S, Kyiv, U.S, Ukraine, United States of America, United States, America, Russia, Toretsk, Donetsk, Donbas, Moscow, St, Cloud , Minnesota, Europe, Belgian, Helsinki, Finland
Citizens and Georgian Dream Party supporters, carrying flags of Georgia and the Georgian Dream Party, attend the Georgian Dream Party's election rally. Anadolu | Anadolu | Getty ImagesMass protests are expected in the Georgian capital of Tbilisi on Monday after the ruling, Russia-friendly party Georgian Dream claimed victory in a contentious parliamentary election this weekend. "We do not accept these stolen election results," stated Tina Bokuchava, the leader of Georgia's main opposition party, the United National Movement, at a press briefing late on Saturday. "It was a total fraud, a total taking away of your votes," Zourabichvili told reporters, flanked by Georgian opposition party leaders, in comments reported by Reuters. Supporters of the Georgian Dream party celebrate at the party's headquarters after the announcement of exit poll results in parliamentary elections, in Tbilisi, Georgia October 26, 2024.
Persons: that's, Salome Zurabishvili, Georgia's, Irakli Kobakhidze, Bidzina Ivanishvili, Tina Bokuchava, Vano Shlamov, Bokuchava, Bidzina, Zourabichvili, Timothy Ash, Ash, Ivanishvili, Dmitry Peskov, Peskov, Irakli Gedenidze, Antony Blinken, Blinken Organizations: Georgian Dream Party, Anadolu, Getty, Georgian, European Union, NATO, United National Movement, National Movement, Afp, Reuters, BlueBay Asset Management, Kremlin's, TASS, Google, OSCE Office, Democratic, Human, European Locations: Georgia, Georgian, Tbilisi, Russia, Soviet, Soviet Union, Russian, EU, Washington, Moscow, Europe, Tbilisi , Georgia, U.S
CNN —Federal prosecutors say New York City Mayor Eric Adams engaged in a “long-running conspiracy,” accepting luxury travel and gifts from foreign businesspeople and at least one Turkish government official. Adams, who’s been indicted on five federal public corruption charges, has denied wrongdoing and says he is being targeted because of his positions. Federal agents search Gracie Mansion, the official residence of the mayor of New York City, on September 26, 2024, after Mayor Eric Adams was indicted on federal criminal charges. That Adams, a Democrat, has been charged by prosecutors in the Southern District of New York on corruption charges does not, on its own, disprove Trump’s point. Adams remains defiant in the face of the charges, but they are clearly having an effect on New York politics.
Persons: Eric Adams, Adams, who’s, , , Gracie, Timothy A, Clary, Donald Trump’s, Trump, Sen, Bob Menendez, Trump’s, Menendez, Stormy Daniels, Attorney Alvin Bragg, Jack Smith, General Merrick Garland, Smith, George Santos, Santos, Elie Honig, Honig, Sheldon Silver, Dean Skelos, ” Honig, Alexandria Ocasio, Kathy Hochul Organizations: CNN, New York City, Getty, White, Department of Justice, DOJ, Democrat, of, New, New Jersey Democrat, Manhattan, Attorney, Trump, Republican, CNN The Southern, of New York, New York State Assembly, New York State Senate, Key New York Democrats, New York Gov Locations: New York, New York City, AFP, Southern, of New York, New Jersey, Florida, Washington , DC, York, Manhattan, Lower Manhattan, of New, New, Alexandria, Cortez
He says that his remarkable success came with sacrifices like giving up on what he considered a healthy work-life balance. "I believe in working extremely hard … I absolutely disagree with the idea of work-life balance," Armoo said in an interview with CNBC Make It. "There is a season where you say, 'I want to achieve this goal and I want to get different results to other people. I want to get extraordinary results.' The way you achieve those extraordinary results is by doing extraordinary things, which literally means doing things that are not ordinary," he said.
Persons: Timothy Armoo, Armoo Organizations: CNBC Locations: London
Reptiles are astonishingly diverse, with extraordinary adaptations such as a tiny lizard in Costa Rica that has evolved a way to “scuba dive,” according to new research. Fantastic creaturesUsing the air bubble helps the anole to stay underwater longer, and the technique may help the tiny lizard hide from predators, researchers say. This ability allows the lizard to stay underwater for a prolonged period of time. Across the universeAn artist's concept depicts NASA's Voyager 1 spacecraft entering interstellar space, or the space between stars. Along the way, Voyager 1 found a thin ring around Jupiter and two new Jovian moons as well as five new moons orbiting Saturn.
Persons: Lindsey Swierk, Kaspar Hauser, , Hauser, Butch Wilmore, Suni Williams, Vincent van Gogh, ” Timothy A, Clary, Vincent van Gogh’s, It’s, King Ramses II, — Helga, Zohar, Artemis, Ashley Strickland, Katie Hunt Organizations: CNN, NASA, JPL, Caltech, NASA’s, International, Getty, Orion, Artemis, CNN Space, Science Locations: Costa Rica, Costa Rica’s, Nuremberg, Germany, Bristol, England, AFP, China, France, Egypt
Some tech stocks are due for outperformance heading into year's end, according to UBS. Nvidia dragged other chip stocks down with it, with the VanEck Semiconductor ETF (SMH) suffering its worst day since March 2020. Wall Street is also bullish on the chipmaker, with 41 of the 50 analysts covering the name issuing a strong buy or buy rating, according to LSEG. In the IT hardware and electronics manufacturing services sector, UBS named Dell Technologies , given a PC refresh cycle and developing strength in AI optimized servers. UBS has a buy rating on the stock, and its target implies more than 48% upside from Tuesday's close.
Persons: chipmaker, Timothy Arcuri, Palantir, monetization Organizations: UBS, Nvidia, VanEck Semiconductor, Devices, AMD, Dell Technologies, DELL, P Global, Dell, Spotify
Timothy Armoo, a co-founder and former CEO of influencer marketing firm Fanbytes, is not what you might expect from a multi-millionaire. Armoo made his money selling Fanbytes to digital marketing agency Brainlabs in May 2022 for an eight-figure sum (the exact amount has not been made public). But the young entrepreneur told CNBC Make It that he felt "almost too crippled to spend the money" after growing up poor in public housing in south London. "I would track it every week, maybe twice a week," he said. "I said: 'I would like to come and take out a million pounds in cash.'"
Persons: Timothy Armoo, Armoo Organizations: Brainlabs, CNBC Locations: Africa, London
The US Open is having a moment
  + stars: | 2024-09-07 | by ( Samantha Grindell | ) www.businessinsider.com   time to read: +7 min
With nearly one million people attending the tournament in 2023, the US Open has long been popular. AdvertisementThe US Open is New York's event of the seasonThe US Open has been a celebrity hot spot for years. Chris Ivery, Tony Goldwyn, Bellamy Young, and Shonda Rhimes attend the US Open in August 2024. "The culmination of having beloved brands like Aperol at an iconic event like the US Open makes the experience a 'can't miss' event for the summer season, and it only gets more exciting every year we are there," Sengara added. Tennis is having a momentThough the US Open feels like a new level of cool for tennis, the sport has been gaining cultural capital for some time now.
Persons: , influencers, Tony Goldwyn —, Ellen Pompeo, Shonda Rhimes, Chris Ivery, Tony Goldwyn, Bellamy Young, Vera Wang, Anna Wintour, Serena Williams, Alicia Keys, Calum Beedling, Beedling, Williams, Nick Mautone, Mautone, Chandon, Phoebe Dynevor, Cameron Fuller, David Kenas, Carmelo Anthony, Jessica Biel, Enzo Gouedar, Gouedar, Questlove, Sophie Fritz, Aperol, Andrea Sengara, Campari, Sengara, Ariana Grande, Dalton Gomez, There's, Naomi Osaka, Yoon Ahn, TIMOTHY A, CLARY Organizations: Service, Gotham, Brands, US, Tiffany, Wimbledon, Nike, New York Times Locations: New York, Queens , New York, Chambord, Moët's
While keeping his outperform rating, Vijay Rakesh chopped $10 off his price target to $145. The Oreo maker should see above-average earnings growth, Jordan said, and the stock itself is a high-quality core holding. — Alex Harring 5:50 a.m.: UBS lays out earnings expectations for Nvidia UBS is remaining bullish on Nvidia heading into the artificial intelligence giant's earnings report. Analyst Timothy Arcuri reiterated his buy rating and $150 price target heading into earnings expected later this month. His price target of $23, up from $20, implies a gain of 28.3% over the next 12 months.
Persons: Piper Sandler, Vijay Rakesh, Rakesh, Alex Harring, Shaun Kelley, Kelley, — Alex Harring, Eli Lilly, Eli Lilly's, James Shin, Shin, Jefferies, Samad Samana, Samana, Goldman, Goldman Sachs, Mills, Leah Jordan, Jordan, Kraft Heinz, Timothy Arcuri, Arcuri, Patrick Moley, Morley, HOOD, Fred Imbert Organizations: CNBC, UBS, Mizuho, Micron, Seagate Technology, Western, Bank of America, Gaming, Consumer, Terre Haute, Kentucky Derby, Deutsche Bank, Par Technology, Jefferies, Conagra Brands, Hershey, Nvidia UBS, Nvidia Locations: Churchill, Northern, Northern Virginia, Kentucky, Robinhood
Jordan Chiles has been a gymnast since the age of six. The 5'5 athlete grew up in Vancouver, WA, and was named after Michael Jordan, according to her profile on Team USA's website. Chiles told The Times that she considered quitting in 2017 after having a difficult experience with her former coaches. Jordan Chiles and Simone Biles train together and have been friends for years. "Hey Jordan, this is Michael Jordan.
Persons: , Jordan Chiles, Simone Biles, Chiles, Elsa, Michael Jordan, Suni Lee, Hezly Rivera, Jade Carey, Timothy, Gina Chiles, she'd, Biles, Carter, Beyoncé, Hey Jordan, Here's, Hope Organizations: Service, Paris Olympics, USA, Business, US, USA's, The New York Times, Times, The Times, UCLA, NBC, Nike, Beyoncé's Locations: Paris, Washington, Vancouver , WA, Texas, Tokyo
Bob Newhart, legendary comedian, dead at 94
  + stars: | 2024-07-18 | by ( Dan Heching | Todd Leopold | ) edition.cnn.com   time to read: +4 min
CNN —Bob Newhart, whose stammering, deadpan unflappability carried him to stardom as a standup comedian and later in television and movies, has died, according to a statement from his longtime publicist Jerry Digney. Bob Newhart and Will Ferrell in "Elf." 1 with the follow-up, “The Button-Down Mind Strikes Back!”“The Bob Newhart Show” debuted in 1972. After a quick fade to black, he awakens… as Hartley, his character from “The Bob Newhart Show,” in bed with Pleshette. The finale of "Newhart," which brought back the characters of Dr. Bob Hartley, Newhart's character on "The Bob Newhart Show," and his wife Emily played by Suzanne Pleshette.
Persons: Bob Newhart, Jerry Digney, Digney, Newhart, Bob Newhart ”, “ Newhart, Will Ferrell, George Robert Newhart, Frank Sinatra, Harry Belafonte, Nat “ King ” Cole, , Peabody, Bob Hartley, Dick Loudon, Suzanne Pleshette, Mary Frann, – Newhart, , Hartley, Emily, ” Newhart, , , Johnny Carson, “ Young Sheldon, Kennedy, Mark Twain, Courtney, Timothy, Robert, Virginia “ Ginnie ” Newhart Organizations: CNN, crazies, Golfers, CBS, Proton, Television Hall of Fame, Smithsonian’s National Museum of Locations: Los Angeles, Turkey, Oak Park , Illinois, Chicago, Vermont, , Newhart’s, Cleveland ”
Gaelen Morse | ReutersRepublican presidential nominee Donald Trump's pick of Sen. JD Vance as his vice presidential running mate will have sent chills down spines in Kyiv Tuesday morning. Ash has previously questioned Vance's position on Ukraine and the suggestion that Europe should bear the responsibility of helping Ukraine to defend itself against Russia. Trump has always appeared ambivalent over the war in Ukraine and continuing aid. The comment was an ominous one for Ukraine, however, suggesting Trump could be tempted to pull the rug on further aid. "Donald Trump would mean a big break with a couple of NATO policies, in particular on the question of Ukraine and support to Ukraine.
Persons: JD Vance, Donald Trump, Gaelen Morse, Donald Trump's, Sen, Ohio Republican Vance, Volodymyr Zelenskyy's, Trump, Vance, Ukraine —, Vladimir Putin, Europe hasn't, Timothy Ash, Ash, Vance et, Volodymyr Zelensky, Mitch McConnell, Charles Schumer, Drew Angerer, Zelenskyy, Russia's Putin, Mikhail Klimentyev, Reuters Keen, ringfence, Guntram Wolff, Wolff, Putin Organizations: Republican, U.S, Reuters Republican, Kyiv Tuesday, Ohio Republican, Marines, Kyiv —, NBC News, Financial Times, NATO, BlueBay Asset Management, Russia, Capitol, Republicans, National Governors Association, Trump, Sputnik, Reuters, CNBC Locations: Youngstown , Ohio, Kyiv, Ukraine, U.S, Russia, Europe, Russian, United States, America, Washington ,, Utah, Osaka, Japan, Washington, Trump
Marc Agnifilo addresses reporters in 2019 outside federal court in Brooklyn, where he represented NXIVM cult leader Keith Raniere. Timothy A. Clary/Getty ImagesAgnifilo, a former state and federal prosecutor in Manhattan, said he and co-counsel Teny Geragos are in regular communication with federal prosecutors. Combs has not spoken with prosecutors, added Agnifilo, now at Agnifilo Intrater. Alberto E. Rodriguez/Getty ImagesThe video corroborated allegations of violence in the R&B singer's lawsuit against Combs and Bad Boy Entertainment. Brafman repped Combs again in the leadup to the Ventura lawsuit.
Persons: , Sean, Diddy, Combs, Marc Agnifilo, Pharma Bro, Martin Shkreli, Goldman Sachs, Roger Ng, Keith Raniere, Agnifilo, Cassie Ventura, There's, Timothy A, Clary, Teny Geragos, Ventura, Lionsgate's, Alberto E, Rodriguez, I'm, Roberta Intrater, Jennifer Lopez, repped, Benjamin Brafman, Uncle Benny, Brafman repped Combs, Brafman, Ben Organizations: Service, Pharma, Business, Southern, of, CNN, Bad Boy Entertainment, Adria, Times Square, Brafman, Associates, Ventura, US Locations: Manhattan, of New York, Los Angeles, Miami, Brooklyn, New York, Florida, Ventura
After an absorbing encounter in Charlotte, North Carolina, it was Colombia who emerged to earn a meeting against defending champions Argentina in the Copa America final in Miami on Sunday. The spotlight was on Lionel Messi before this Copa America but Rodriguez, who turns 33 on Friday, has stolen the show. Stuart JamesA quintessential Copa America game? This was Copa America football — South American football — at its bewitching best, witnessed and enhanced by a crowd so fervently Colombian that we may as well have been in Medellin. Ugarte had ‘played’ Munoz, and Colombia knew that the balance of the game had totally shifted.
Persons: Jefferson Lerma, Daniel Munoz, elbowing Manuel Ugarte, Nestor Lorenzo’s, Uruguay’s Darwin Nunez, Jack Lang, Stuart James, Colombia’s, Nestor Lorenzo, James Rodriguez, Rodriguez, Lionel Messi, Timothy A, Clary, Messi, Stuart James A, Luis Diaz, dervish, Rodrigo Bentancur, Munoz, Luis Suarez, Tim Nwachukwu, Richard Rios, Rios, Mateus Uribe, Jack Lang Daniel Munoz’s, Manuel Ugarte, Darwin Nunez, Ugarte, gesturing, , ’ Munoz, Stuart James Oh, Marcelo Bielsa’s, Edinson Cavani, you’ve, Nunez, Nicolas de la Cruz, Fede Valverde, Nunez’s, Chandan Khanna, shanking —, Davinson Sanchez, clobbered, La Celeste, Omar Vega, Jack Lang What’s Organizations: Argentina, Copa America, Colombia …, , America, Getty Images, Copa America football — South, Football, Getty, La, Liverpool, Canada, Bank of America Locations: Charlotte , North Carolina, Colombia, Miami, Uruguay, Colombia … Argentina, … Argentina, Argentina, Copa America, Colombian, Medellin, Miami Gardens , Florida, Charlotte, North Carolina
UBS raised its price target on Nvidia , calling for nearly 20% upside. He also set a price target of $640, which implies downside of 21%. — Lisa Kailai Han 5:50 a.m.: UBS hikes Nvidia price target, now sees 19% upside UBS sees more gains ahead for Nvidia . Analyst Timothy Arcuri raised his price target for the graphics processing unit manufacturer to $150 from $120. "Our recent supply chain checks confirm our prior suspicions that demand momentum for Blackwell rack-scale systems remains exceedingly robust," the analyst wrote.
Persons: Wolfe, JPMorgan Chase, Guggenheim, ServiceNow, John DiFucci, Lisa Kailai Han, Erika Najarian, — Lisa Kailai Han, Timothy Arcuri, Arcuri, Blackwell, Steven Chubak, Chubak, JPM, — Fred Imbert Organizations: CNBC, UBS, Nvidia, Wolfe Research, JPMorgan, Guggenheim, PNC, PNC Financial Services, JPMorgan Chase JPMorgan, JPMorgan Chase, P Bank ETF Locations: Friday's, 2H24
The bank said recent supply chain checks show "exceedingly robust" demand for Nvidia's next-gen chips. Nvidia's potential $5 EPS in 2025 would give it a valuation of 25.6x on a forward price-to-earnings basis. Based on recent supply chain checks, UBS analyst Timothy Arcuri said "demand momentum for Blackwell rack-scale systems remains exceedingly robust." Sell-side consensus estimates expect Nvidia to deliver earnings per share of $3.62 in 2025, which gives it a forward price-to-earnings multiple of 35x. Also boding well for more gains for Nvidia is the growing "wall of worry" surrounding the stock in recent weeks.
Persons: , Timothy Arcuri, Blackwell, Nvidia's, Arcuri Organizations: UBS, Nvidia's, Service, Nvidia, Hopper
Both executives made their sales under 10b5-1 trading plans. Trades were made under a 10b5-1 trading plan adopted in March and are part of ongoing sales. Trades were made under a 10b5-1 trading plan adopted in February. Trades were made under a 10b5-1 trading plan enacted last September. Trades were made under a 10b5-1 trading plan dating from last August.
Persons: VerityData, Jensen Huang, Timothy Archer, Shantanu Narayen, Kenneth Miller, Verity, James Brock, David Lougee, Lougee, , Nick Wells Organizations: Nvidia, Lam Research, Adobe, Juniper Networks, Consol Energy
The Atlanta Hawks took compatriot Zaccharie Risacher as the top pick this year at the event in Brooklyn, New York. The Washington Wizards took fellow Frenchman Alexandre Sarr with the second overall pick. “He gave me all his knowledge to this day, and it’s really special to have someone like him in my corner.”Two more French players featured in the draft’s top 30. With the sixth overall pick, the Charlotte Hornets selected 18-year-old power forward Tidjane Salaun, while the New York Knicks picked Pancome Dadiet in 25th. Excluding the new draftees, there are a total of 10 active French players in the NBA.
Persons: Frenchman, Victor Wembanyama’s, Zaccharie Risacher, JL, , ” Risacher, Frenchman Alexandre Sarr, Alex Sarr, Timothy A, Clary, Olivier, , Sarr, it’s, Salaun, Pancome Dadiet, Tidjane Salaun, Sarah Stier, Melvin Ajinca, Armel Traore, “ Wemby ”, Rudy Gobert, Tony Parker, Joakim Noah Organizations: CNN —, NBA, San Antonio Spurs, Atlanta Hawks, ESPN, Washington Wizards, Perth, Australian National Basketball League, NBA’s Oklahoma City Thunder, Charlotte Hornets, New York Knicks, Spurs, France, Minnesota Timberwolves Locations: CNN — France, Brooklyn , New York, Bresse, France
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