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☆ How to watch the Draconid meteor shower
▼ + stars: | 2024-10-07 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

CNN —Keep your eyes on the night skies to see the elusive Draconid meteor shower, expected to peak Monday evening into early Tuesday. However, the Draconid meteor shower is on the sparse side. A meteor streaks across the sky during the Draconid meteor shower as seen over Howick rocks in Northumberland in northeast England in October 2021. If you live in an urban area, you might want to take a drive to avoid city lights, which can make the meteor shower seem faint. Meanwhile, sky-gazers can anticipate a busy meteor shower season to close out 2024.

Persons: Michel Giacobini, Owen Humphreys, Zinner, Ridley Scott's, Darrin Zammit Lupi Organizations: CNN, PA, Meteor, Southern Hemisphere, NASA, Reuters, American Meteor Society, Taurids Locations: Howick, Northumberland, England, Fort Ricasoli, Kalkara, Malta

☆ JPMorgan upgrades this beaten-down payments stock, says it can surge 50%
▼ + stars: | 2024-06-06 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

An overseas investment idea investors shouldn't overlook is StoneCo., a Brazilian financial technology and software solutions company headquartered in the Cayman Islands that JPMorgan has grown bullish on. He maintained his $20 year-end price target, which implies roughly 50% upside from the stock's latest close. "We believe [a] Stone re-rating depends mostly on banking deliveries (i.e., deposits and healthy credit growth) rather than [the] macro environment." Stone's differentiated business model, based on a close approach to clients via hyper-local distribution centers, has allowed it to quickly expand its market share, Fernandes said. He estimates Stone has about 20% market share in the core micro, small and medium-sized businesses (MSMB) market .

Persons: Yuri Fernandes, Stone, Fernandes, Pedro Zinner, Stone's Organizations: JPMorgan, Stone, Reuters Locations: Brazilian, Cayman Islands, U.S

☆ Brazil's StoneCo sees profit multiplying eightfold by 2027
▼ + stars: | 2023-11-15 | by ( Andre Romani | ) www.reuters.com time to read: +2 min

The firm will continue to focus on the micro, small and medium-sized business (MSMB) client segments, while maintaining a controlled level of investment, Zinner said. StoneCo is projecting adjusted net profit of at least 1.9 billion reais in 2024 and at least 4.3 billion reais in 2027, an aggressive target after closing last year with an adjusted net profit of 526 million reais. The bullish guidance comes on the heels of a more than 300% increase in adjusted profit for the third quarter year-on-year, which boosted the company's 12.9% on Monday in New York. The volume of payments processed by the company in the MSMB segment is expected to exceed 412 billion reais in 2024 and reach over 600 billion reais in 2027, compared to 290 billion reais last year. With the acquisition of Linx, it also has now a significant presence in the business management software space.

Persons: Pedro Zinner, Zinner, StoneCo, Peter Frontini, Ana Mano, Cynthia Osterman Organizations: SAO PAULO, Reuters, André, Thomson Locations: New York

☆ How to see the Draconid meteor shower
▼ + stars: | 2023-10-08 | by ( Ashley Strickland | ) edition.cnn.com time to read: +4 min

CNN —Look up for the Draconid meteor shower this weekend, expected to peak October 8. However, the Draconid meteor shower is on the sparse side. The best way to view the meteor shower is by sitting in a reclining lawn chair or lying on your back and looking up at the sky with a wide view. If you live in an urban area, you might want to take a drive to avoid city lights, which can make the meteor shower seem faint. Meteor showersEach of the remaining meteor showers expected to peak this year will be most visible from late evening until dawn in areas without light pollution.

Persons: Stargazers, Zinner, ●, Leonids, Geminids, Ursids Organizations: CNN, NASA, Farmers Locations: North, Central, South America, Europe, Asia, Australia, North America, South Africa

☆ ‘Cool It Down’ by Yeah Yeah Yeahs Review: Karen O’s All Grown Up
▼ + stars: | 2022-09-27 | by ( Mark Richardson | ) www.wsj.com time to read: 1 min

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