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☆ Wall Street overlooks modest Nvidia guidance, lift price targets ahead of strong Blackwell ramp
▼ + stars: | 2024-11-21 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Investors shouldn't let a smaller-than-expected guidance beat overshadow tailwinds from Nvidia's looming Blackwell graphics processing unit rollout come January. Citi's Atif Malik lifted the firm's price target to $175 and opened a positive catalyst ahead of the consumer electronics show in January. Wells Fargo's Aaron Rakers moved to a $185 price target, reflecting 27% upside from Wednesday's close. Meanwhile, JPMorgan's Harlan Sur lifted his price target to $170 a share, saying that margins should improve toward the mid-70s range in the second half of 2025 as Nvidia streamlines costs. What's next for the stock Despite strong Blackwell expectations, some analysts warn of potential near-term volatility.

Persons: Wall, Blackwell, NVDA, Jefferies, Blayne Curtis, Citi's Atif Malik, Wells, Aaron Rakers, Bernstein's Stacy Rasgon, JPMorgan's Harlan Sur, What's, America's Vivek Arya, Tom O'Malley, Baruah, Cantor, C.J, Muse, Morgan Stanley, Joseph Moore Organizations: tailwinds, Blackwell, Nvidia, America's, Barclays Locations: Nvidia's

☆ What Trump's victory means for the Supreme Court
▼ + stars: | 2024-11-06 | by ( John L. Dorman | ) www.businessinsider.com time to read: +6 min

With Trump's victory and upcoming GOP control of the Senate, the Supreme Court looms large. AdvertisementDuring Donald Trump's first term as president, he appointed three justices to the Supreme Court, giving it a 6-3 conservative supermajority. Trump's second term gives Thomas and Alito a chance to retireRepublicans won a majority in the US Senate alongside Trump's victory, which means that they'll be working in tandem should a vacancy arise on the court in Trump's second term. AdvertisementAssociate Justices Clarence Thomas, 76, and Samuel Alito, 74, are two of the most stalwart conservatives on the Supreme Court. Sweeping reforms won't occurMany top Democrats have long eyed changes to the Supreme Court, whether it be expansion or some sort of ethics reform.

Persons: Trump, Clarence Thomas, —, Donald Trump's, — Neil Gorsuch, Brett Kavanaugh, Amy Coney Barrett —, Roe, Wade, Thomas, Alito, Trump's, Samuel Alito, there's, George H.W, Bush, George W, Peter Loge, He's, ProPublica, Harlan Crow —, Carl Tobias, Tobias, they're, Lindsey Graham, Susan, Collins, Lisa, Murkowski, Biden, Sen, Mitch McConnell, McConnell, Merrick Garland —, Barack Obama, McConnell reveled, we'll Organizations: Senate, Court, Service, Trump, Republicans, Republican, School of Media, Public Affairs, George Washington University, US, Getty, University of Richmond School of Law, eventual, White, GOP, Democratic, Supreme Locations: Trump's, Kentucky, Washington

☆ Netflix is following up 'Fool Me Once' with another Harlan Coben thriller. Here's what we know about 'Missing You.'
▼ + stars: | 2024-10-31 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

"Missing You" is the next Harlan Coben mystery coming to Netflix in 2025. The most recent Coben show, "Fool Me Once," became one of Netflix's most-watched shows. AdvertisementNetflix found huge success with "Fool Me Once," based on a novel by Harlan Coben — and is about to serve up another. "Missing You" features several actors from previous Harlan Coben showsRichard Armitage as Ellis Stagger in "Missing You." Marc Warren, who appeared in "Safe," plays Monte Leburn, and James Nesbitt, who worked with Armitage on "Stay Close," plays Calligan.

Persons: Harlan Coben, —, Harlan Coben —, Michelle Keegan, Maya Stern, Rosalind Eleazar, Kat Donovan, Ashley Walters, Josh Buchanan, Vishal Sharma, Kat Donovan's fiancé, Josh —, hasn't, Donovan, Josh, Lenny Henry, Clint Donovan, Richard Armitage, Ellis, Marc Warren, Monte, James Nesbitt, Armitage, Steve Pemberton, Matt Jay, Willis, Samantha Spiro Organizations: Netflix, Service Locations: New York

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☆ Kentucky state senator dies weeks after plunging into an empty swimming pool on a mower
▼ + stars: | 2024-10-24 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

Turner died Tuesday evening after his “hard-fought battle” with injuries sustained in the accident, Kentucky Senate President Robert Stivers said in a statement Wednesday. “Johnnie spent his life lifting others — whether through his service in the U.S. Army, as a member of the State House of Representatives and State Senate, or in his private legal practice,” Stivers said. Turner pushed for pro-coal legislation and other measures aimed at uplifting his Appalachian district, spanning several counties in eastern Kentucky. Turner, an attorney, won election to the state Senate in 2020, ousting a Democratic incumbent with the same last name. With his death coming so close to the election, Turner’s name will appear on the general election ballot, the secretary of state’s office said.

Persons: Sen, Johnnie Turner, Turner, Robert Stivers, “ Johnnie, ” Stivers, “, —, Mitch McConnell, ” McConnell, “ That’s, Damon Thayer, Turner’s, ” Thayer, coal.But Turner, Thayer, ” Turner, David Osborne, ”, ” Osborne Organizations: Harlan Republican, U.S . Army, State, of Representatives, State Senate, U.S, Senate Republican, Bluegrass State, Kentucky House, Republican, Kentucky’s GOP Locations: FRANKFORT, Ky, — Kentucky, Appalachian, Kentucky, Letcher County, ” Kentucky, “, Kentucky’s

☆ Johnnie Turner: Kentucky lawmaker dies weeks after plunging into an empty swimming pool on a mower
▼ + stars: | 2024-10-24 | by ( Associated Press | ) edition.cnn.com time to read: +4 min

Persons: Sen, Johnnie Turner, Turner, Robert Stivers, “ Johnnie, ” Stivers, “, —, Mitch McConnell, ” McConnell, “ That’s, Damon Thayer, Turner’s, ” Thayer, Thayer, ” Turner, David Osborne, ”, ” Osborne Organizations: Kentucky AP, Kentucky, Harlan Republican, U.S . Army, State, of Representatives, State Senate, U.S, Senate Republican, Bluegrass State, Kentucky House, Republican, Kentucky’s GOP Locations: Frankfort, Kentucky, Appalachian, Letcher County, ” Kentucky, “, Kentucky’s

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World of Hyatt Loyalty BenefitsThe World Of Hyatt Credit Card has valuable benefits for Hyatt loyalists. Hyatt Credit Card FeesAnnual FeeThe World Of Hyatt Credit Card has a $95 annual fee. Hyatt Credit Card ComparisonThe World Of Hyatt Credit Card is great for Hyatt loyalists. Learn more about the Marriott Bonvoy Boundless® Credit Card in our Marriott Bonvoy Boundless credit card review, and compare your options for Marriott hotel credit cards in our guide to the best Marriott Bonvoy credit cards right now. Hyatt Credit Card Frequently Asked QuestionsWhat are the main benefits of the World of Hyatt Credit Card?

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☆ Breaking down Micron's giant rally. Why JPMorgan thinks shares can jump nearly 90%
▼ + stars: | 2024-09-26 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

The good times should continue to roll for shares of Micron Technology , according to Wall Street analysts. The move put the company on pace for its best day since 2011 and put shares up more than 31% year to date. MU YTD mountain Shares performance this year The analyst reiterated his overweight rating and $180 price target, reflecting 88% upside from Wednesday's close. Goldman Sachs' Toshiya Hari reiterated his buy rating and adjusted his price target to $145 from $158, still pointing to a 51% gain. The analyst has a price target of $146 on Micron, signaling a 46% increase.

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☆ Stocks making the biggest moves premarket: Intel, Pinterest, Palantir and more
▼ + stars: | 2024-09-23 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

CNBC confirmed on Friday that Qualcomm had recently approached Intel about a takeover. Ciena – The networking software maker added more than 4% after a double upgrade by Citigroup to buy from sell cited an improving landscape in the broader telecommunications/cable industry. The bank sees bookings growth heading into next year. The bank sees an increasing relevance of the platform among users and expects strong revenue growth over the next few years. Palantir – The maker of software platforms to help companies analyze data declined more than 1%.

Persons: Ciena, Morgan Stanley, Palantir, Raymond James, Harlan Sur, —, Samantha Subin, Sarah Min, Pia Singh Organizations: Intel, Apollo Global Management, Bloomberg, CNBC, Qualcomm, Citigroup, Constellation Energy, Microsoft, Deutsche Bank, General Motors, Chevrolet, Micron Technology, JPMorgan Locations: Pennsylvania, The Boise , Idaho

☆ Stocks making the biggest moves midday: Micron, Tesla, Ulta, Intel and more
▼ + stars: | 2024-09-23 | by ( Pia Singh | In | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in midday trading: Micron Technology — Micron edged 2.7% higher after JPMorgan reiterated the stock as overweight ahead of the memory chipmaker's earnings, which are expected Wednesday after market close. Monday's gain put the stock on track for its biggest advance since Aug. 28, when it popped 9%. Ulta — The cosmetics stock lost more than 3% after a downgrade to hold from buy at TD Cowen. Biohaven — Shares surged 12% after the clinical-stage pharma company announced positive trial data for its drug treating spinocerebellar ataxia known as troriluzole. Intel — Shares of the struggling chipmaker climbed 2.4% after Bloomberg News reported on Sunday that Apollo Global Management proposed to make a multibillion-dollar investment in Intel.

Persons: Harlan Sur, General Motors, Bernstein, Cowen, troriluzole, Ciena, Jesse Pound, Alex Harring, Samantha Subin, Sean Conlon Organizations: Micron Technology, Micron, JPMorgan, Tesla, Barclays, U.S . Army, General, pharma, Intel —, Bloomberg, Apollo Global Management, Intel, CNBC, Qualcomm, Citi

☆ Judges keep failing to disclose their trips and gifts. Don't expect it to stop anytime soon.
▼ + stars: | 2024-09-18 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

"Federal judges are gods, and they can get away with anything," Rahmani said. More than 30 conservative federal justices, members of Scalia's family, and several fellow members of the conservative Federalist Society also attended, ProPublica reported. Earlier this summer, President Joe Biden called on Congress to implement term limits and an enforceable code of ethics for Supreme Court justices. AdvertisementThe nine Supreme Court justices did agree to a code of conduct last year, modeling their new guidelines after the rules that govern federal judges. California Rep. Adam Schiff introduced a bill earlier this year that would expand penalties for federal judges who violate ethics rules.

Persons: —, Aileen Cannon, ProPublica, Cannon, Judge Cannon, America's, Clarence Thomas, Harlan Crow, Samuel Alito, Rahmani, Antonin Scalia, Impeaching, Scott Lemieux, John J, SCOTUS, Joe Biden, Rahamni, Adam Schiff, Lemieux Organizations: Service, Trump, Business, Southern, Southern District of, Supreme, Law and Economics, George Mason University, Federalist Society, University of Washington, Los Angeles litigator Locations: Southern District, Southern District of Florida, Bali, Los Angeles, California

☆ Samuel Alito and his wife were the honored guests of a German princess and enjoyed a spot of luxe castle living in 2023: report
▼ + stars: | 2024-09-10 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

According to The Times report, the princess hosted Alito and his wife Martha-Ann in July 2023 at her 500-room castle, St. Emmeram Palace, in southeastern Germany. Advertisement"He is pro-life in a time where the majority follows the culture of death," the princess said of Alito. In his 2023 disclosure, Thomas amended his disclosures from 2019 to reflect the luxury trips he received from Crow. AdvertisementStricter ethics rules were adopted in March 2023, requiring Supreme Court justices to disclose any gifts, trips, or meals they may have accepted. A representative for Alito didn't immediately respond to a request for comment from Business Insider, sent outside business hours.

Persons: —, Samuel Alito Jr, Gloria von Thurn, Alito, Martha, Ann, Richard Wagner, SCOTUS, ProPublica, Clarence Thomas, Harlan Crow, who's, Crow, Thomas, John Oliver, Oliver, Vladimir Putin's, Alito didn't Organizations: Service, Gloria von Thurn und, The New York Times, The Times, Business, Bayreuth, Times Locations: German, St, Emmeram, Germany, Crow, Russia

☆ Justice Clarence Thomas didn't disclose additional private jet travel, Democratic senator says
▼ + stars: | 2024-08-05 | by ( Zoë Richards | Zoë Richards Is A Politics Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

The head of a Senate panel investigating Clarence Thomas said Monday that the Supreme Court justice had failed to disclose additional private jet travel. The letter, which also cited reports of Thomas’ travel to Greece, the Caribbean, Russia and the Baltics, is the latest in a string of allegations from Senate Democrats about undisclosed travel by Thomas. In a statement Monday, Crow's office accused Wyden of "abusing" his panel's power in what it called a political campaign against the Supreme Court. An attorney for Thomas and a spokesperson for the Supreme Court did not immediately respond to requests for comment Monday. The judiciary has updated its disclosure rules to make it clear that private jet travel has to be reported.

Persons: Clarence Thomas, Harlan Crow, Sen, Ron Wyden, Thomas, Wyden, Crow, Thomas ’, “, Wyden’s, Elliot S, Berke, Thomas “, Joe Biden, Neil Gorsuch, Biden Organizations: Finance, Supreme, Judicial Locations: Hawaii, New Zealand, Greece, Caribbean, Russia

☆ Justice Thomas Failed to Reveal More Private Flights, Senator Says
▼ + stars: | 2024-08-05 | by ( Abbie Vansickle | ) www.nytimes.com time to read: 1 min

Justice Clarence Thomas failed to publicly disclose additional private travel provided by the wealthy conservative donor Harlan Crow, a top Democratic senator said in a letter on Monday. Customs and Border Protection records revealed that the justice and his wife, Virginia Thomas, took a round trip between Hawaii and New Zealand in November 2010 on Mr. Crow’s private jet, according to the letter. Senator Ron Wyden, Democrat of Oregon, writing to Mr. Crow’s lawyer, demanded that he supply more information about the financial relationship between the two men. The letter, part of an inquiry that Mr. Wyden, the chairman of the Senate Finance Committee, has opened into Mr. Crow and the justice, comes as top Democrats have urged major changes to the Supreme Court, including an enforceable code of conduct.

Persons: Clarence Thomas, Harlan Crow, Virginia Thomas, Ron Wyden, Crow’s, Wyden, Crow Organizations: Democratic, . Customs, Border, New Zealand, Mr, Democrat, Senate Finance Locations: Hawaii, New, Oregon

☆ Justice Clarence Thomas didn't disclose yet another trip with Harlan Crow, senator says
▼ + stars: | 2024-08-05 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +3 min

Read previewSupreme Court Justice Clarence Thomas missed publicly disclosing another jaunt on billionaire and conservative megadonor Harlan Crow's private jet, Democratic Sen. Ron Wyden of Oregon alleged in a letter on Monday. According to the letter, Thomas and his wife, Virginia Thomas, took a round-trip flight on Crow's private jet from Hawaii to New Zealand in November of 2010. In the past, Thomas has said that he doesn't think he needs to disclose gifts from friends who don't have business before the court. Related storiesAt the end of his letter, Wyden requests a "detailed list of all flights Justice Clarence has taken on any private jets under Mr. Crow's ownership or control." AdvertisementWhen Thomas does list travel from Crow, he calls them "personal hospitality."

Persons: —, Clarence Thomas, megadonor Harlan, Democratic Sen, Ron Wyden, Thomas, Virginia Thomas, Wyden, ProPublica, Clarence, Crow, Biden Organizations: Service, Democratic, Oregon, New Zealand, Business, Senate Finance Committee, New York Times Locations: Hawaii, New, New Zealand, Crow

☆ Justice Thomas accepted previously undisclosed private jet flight to New Zealand, Senate Democrat says
▼ + stars: | 2024-08-05 | by ( John Fritze | ) edition.cnn.com time to read: +3 min

The flight was not listed on Thomas’ financial disclosure reports and is the most recent example of the conservative justice accepting luxury travel from Crow becoming public. Wyden, an Oregon Democrat, is focused on the potential tax implications of the gifts Crow made to Thomas. President Joe Biden has made structural changes at the Supreme Court an issue during the waning months of his presidency. Biden has proposed term limits for Supreme Court justices and also an enforceable code of conduct. In response to criticism, the Supreme Court adopted a code of conduct last year for the first time in its history.

Persons: Clarence Thomas, Harlan Crow, Ron Wyden, Thomas, Virginia “ Ginni ” Thomas, ProPublica, Michaela Rose –, “, Crow, Michaela Rose, ” Wyden, Wyden, Wyden’s, ”, Joe Biden, Biden Organizations: CNN, GOP, Democrat, Senate, Customs, Border Protection, Monday, Oregon Democrat, New York Times, Supreme Locations: Hawaii, New Zealand, Crow, Oregon, Indonesia

If you’re in the majority, you don’t need judges and juries to hear you and protect your rights. Last month, Biden traveled to Texas, where he announced a set of proposed Supreme Court reforms that would impose mandatory ethics rules for the court and term limits on justices. The proposals aren’t likely to be implemented before Biden’s term ends, but they signal a policy goal for Democrats as several Supreme Court justices have come under increased scrutiny in the last few years. Last year, ProPublica reported on a series of expensive gifts and trips Justice Clarence Thomas took with billionaire Harlan Crow. Both are symbols used by Trump supporters and were flown during the Jan. 6, 2021, attack on the Capitol.

Persons: Neil Gorsuch, Joe Biden’s, Biden, “, Fox News ’ Shannon Bream, Gorsuch, “ You’re, I’m, ”, ProPublica, Clarence Thomas, Harlan Crow, Thomas ’, Ginni Thomas, Donald Trump’s, Samuel Alito, Alito Organizations: Fox News, Trump, Capitol Locations: Texas

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