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☆ Robert Downey Jr. responds to Jimmy Kimmel’s joke about him at the Oscars
▼ + stars: | 2024-04-09 | by ( Marianne Garvey | ) edition.cnn.com time to read: +1 min

CNN —Robert Downey Jr. was unfazed by Jimmy Kimmel’s joke about his past drug use at this year’s Oscars. As Kimmel hosted, he made a joke about Downey Jr. being at “one of the highest points” of his career. “I don’t care,” Downey Jr. told Esquire. “Everybody loves the simple narrative of somehow I came in and turned his life around and blah, blah, blah,” she said. So was I.”The couple are the executive producers of the upcoming seven-episode HBO series “The Sympathizer,” in which Downey Jr. stars.

Persons: CNN — Robert Downey Jr, Jimmy Kimmel’s, Oppenheimer, Kimmel, Downey, “, ” Downey, Jimmy Kimmel, Susan Downey, ”, he’s Organizations: CNN, HBO, Warner Bros .

☆ Alphabet's cloud event Tuesday could justify the stock's recent records and further upside
▼ + stars: | 2024-04-09 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Shares of Alphabet are on the verge of a possible breakout ahead of the company's three-day Google Cloud Next conference in Las Vegas, where artificial intelligence will be a major theme. Shortly after the trade, Alphabet shares ran into a brick wall after some advertising weakness surfaced in fourth-quarter results and was followed by a controversy over Gemini's image generator that caused the company to pull the tool. The conference is expected to show that "Google is not being left behind, not being troubled by Search," Jim said. That said, we expect Tuesday's AI conversation to be limited to how it relates to Google Cloud. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Thomas Kurian's, Nvidia —, bottoming, Jim Cramer, Jim, Nikesh Arora, Anthropic, Dario Amodei, Ford Yao Ge, Nik Spirin, Oppenheimer, Claude, Jim Cramer's Organizations: Google Cloud, Google, Microsoft, Super, Apple, Nvidia, Management, CNBC, Amazon, Bank of America, Palo Alto, Ford, Apple's Worldwide, Getty Locations: Las Vegas, Palo Alto, Amazon, OpenAI

☆ Jim Cramer explains why you should hold on to Alphabet stock
▼ + stars: | 2024-04-08 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Monday explained why it's worthwhile for investors to keep Alphabet stock in their portfolios, lauding the continued success of its search business and company-owned YouTube. Cramer had decided to sell some stock for the CNBC Investing Club's Charitable Trust because he worried that new artificial intelligence query systems will eventually become an "existential challenge" to Google's search business. "We shall sell no more for the charitable trust ... . Cramer also praised Alphabet's YouTube business, which could be worth $423 billion, according to a January commentary from Needham's Laura Martin. Cramer also mentioned a Bloomberg story that pointed to the hold YouTube has over the younger generation.

Persons: CNBC's Jim Cramer, Cramer, It's, Needham's Laura Martin Organizations: CNBC, YouTube, Oppenheimer & Co, Bloomberg, Pew Research, TikTok's

☆ Here are Monday's biggest analyst calls: Nvidia, Tesla, Amazon, Take-Two, BJ's, Dell, Disney, Broadcom, Apple & more
▼ + stars: | 2024-04-08 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

"We are reinstating coverage of AVGO with a buy rating and a new price target of $1,500." "We are upgrading Take-Two from Neutral to Buy and raising our target price from $170 to $200." KeyBanc reiterates Nvidia as overweight Key raised its price target on the stock to $1,200 per share from $1,100. Oppenheimer reiterates Alphabet as outperform Oppenheimer raised its price target on the stock to $185 per share from $172. "We resume coverage after a period of Rating Suspended with a Buy/High Risk (1H) rating and target price of $11."

Persons: Morgan Stanley, Jefferies, Piper Sandler, Piper, selloff, Goldman Sachs, Goldman, Bernstein, Tesla, underperform Bernstein, Wolfe, Eaton, underperform, ETN, Needham, it's, KeyBanc, Oppenheimer, Chipotle, Stefan Larsson, Zac Coughlin, Investor Relations Sheryl Freeman, Evercore, Cantor Fitzgerald, Cantor, Nvidia, Huntington, BTIG, Truist, Melius, Dell Organizations: Norfolk Southern, CP, NSC, JPMorgan, GE, Deutsche Bank reinstates Broadcom, Deutsche, Tesla, Citi, Netflix, AMD, ARM, Meta, Google, NASDAQ, Investor Relations, Disney, Susquehanna, Nvidia, Bank of America, of America, U.S, TAM, Dell, Apple Locations: FSLY, F1Q

☆ Wells Fargo hikes S&P 500 year-end target to 5,535, says 'melt-up' in second half likely
▼ + stars: | 2024-04-08 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Expect the stock market's run to record highs to continue as the year goes on, according to Wells Fargo. Christopher Harvey, the bank's head of equity strategy, raised his 2024 S & P 500 target to 5,535 from 4,625, implying a 6.4% upside from here. Wells Fargo' new forecast is one of the highest on the Street, surpassing the 5,500 target from John Stoltzfus at Oppenheimer. .SPX 1Y mountain S & P 500 The market's 2024 took a breather as of late as investors reassessed the Federal Reserve's path to cut interest rates. The S & P 500 declined nearly 1% during the period, its biggest weekly loss since early January.

Persons: Christopher Harvey, Harvey, Wells Fargo, John Stoltzfus Organizations: CNBC Pro Market, Survey, Dow Jones Locations: Wells Fargo, Oppenheimer

☆ Michael J. Fox says he’d come out of retirement for the right role
▼ + stars: | 2024-04-05 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +3 min

CNN —Michael J. Fox has revealed that he would consider coming out of retirement for the right acting role. The “Back to the Future” star announced back in 2020 that he was stepping away from performing for good because of the deterioration of his health. Now, however, he has revealed that he would not rule out a return to acting - provided the role is right and takes into account his Parkinson’s Disease. The five-time Emmy Award-winning actor, who also has four Golden Globes, a Grammy and two Screen Actors Guild Awards, was speaking ahead of a major fundraising event on Tuesday for the Michael J.

Persons: Michael J, Fox, “, ” Fox, Alex P, Keaton, ”, Sheryl Crow, Jason Isbell, Rachel Smith, “ Oppenheimer, Smith Organizations: CNN, Entertainment, Fox Foundation, Big Town, BAFTA, London, Met, Apple, Fox Locations: Nashville , Tennessee, Mariupol

☆ Shopify has poached at least two dozen employees from Salesforce as it pushes into enterprise e-commerce
▼ + stars: | 2024-04-04 | by ( Madeline Stone | ) www.businessinsider.com time to read: +9 min

Holly Dresden joined Shopify as head of enterprise merchant success in December after six years with Salesforce Commerce Cloud. Evan AgostiniAs it moves further into enterprise, Shopify hasn't always been subtle about zeroing in on Salesforce as a competitor. It recently launched a webpage comparing its platform with Salesforce Commerce Cloud, encouraging merchants to "join the mass migration" of brands moving from Salesforce to Shopify. But winning over enterprise retailers requires a different approach, and it's one where Salesforce has more years of experience than Shopify. Talking the enterprise talkPoaching employees from Salesforce isn't the only way Shopify has made an effort to win over enterprise customers.

Persons: —, Shopify, Kal Stephen, Holly Dresden, Everlane, Marc Benioff, Evan Agostini, hasn't, Michael Affronti, we've, Affronti, Shopify's, Salesforce, We've, It's, Rick Watson, Watson, Demandware, Oppenheimer, Ken Wong, Wong, Harley Finkelstein Organizations: Service, Salesforce Commerce, Business, Salesforce, Adobe, SAP, Mattel, Commerce, RMW Commerce Consulting, Accenture, IDC, Manhattan Associates Locations: Salesforce, Demandware

☆ Here are Thursday's biggest analyst calls: Nvidia, Tesla, Super Micro, Meta, Wynn, Reddit, Coinbase, GM & more
▼ + stars: | 2024-04-04 | by ( Michael Bloom | ) www.cnbc.com time to read: +10 min

Mizuho reiterates Nvidia as a top pick Mizuho says Nvidia is still a top idea at the firm. Morgan Stanley initiates Mural Oncology at overweight Morgan said in its initiation of the biotech company that it sees a long "cash runway" lasting through 2025. Morgan Stanley downgrades Block to underweight from equal weight Morgan Stanley sees growth headwinds for the payment tech company. Morgan Stanley upgrades Zeta to overweight from equal weight Morgan Stanley said the marketing technology company has an underappreciated valuation. " Morgan Stanley reiterates Tesla at overweight Morgan Stanley lowered its price target to $310 per share from $320. "

Persons: Bernstein, Reddit, underperform Bernstein, Raymond James, Raymond James downgrades Bumble, Barclays downgrades Ferrari, it's, Mizuho, Goldman Sachs, Goldman, Morgan Stanley, Morgan, Wolfe, underperform Wolfe, Piper Sandler, Piper, Synopsys, Morgan Stanley downgrades Block, Dave, Buster's, Jefferies, Zeta, Oppenheimer, Ball, Wayfair, Wynn, bullish, Tesla, Goldman Sachs downgrades Hertz Organizations: Citi, Barclays, Ferrari, Nvidia, JPMorgan, Avis, UBS downgrades Bank of America, UBS, Apple, AstraZeneca JPMorgan, AstraZeneca, Amazon, AWS, Meta, General Motors, GMC, Chevrolet, Buick, GM, DFS, Mizuho, Eversource Energy Locations: Avis, MURA, Charlotte, Wayfair, Capital, Macau

Other analysts saw upside for Coinbase and DoorDash along with Meta Platforms, as the social network builds advertising market share. The firm initiated coverage of DoorDash stock with a buy rating and a $165 per share price target. The analyst reiterated his overweight rating on Tesla stock but lowered his price target slightly to $310 per share from $320. The firm reiterated a buy rating on Meta stock and raised its price target to $585 per share from $550 on Thursday. Meta stock has surged more than 43% in 2024.

Persons: Morgan Stanley, Pamela Kaufman, Kaufman, — Jesse Pound, Mark Zgutowicz, — Brian Evans, Oliver Wintermantel, Wintermantel, Brian Evans, Morgan Stanley's Adam Jonas, Morgan Stanley's, Adam Jonas, Tesla's, Jonas, Tesla, — Brian Evans TSLA, Oppenheimer, Coinbase, Owen Lau, Jefferies, Brent Thill, outgrow Amazon's, Meta, Thill, Erika Najarian, Najarian, BofA's Organizations: CNBC, Jefferies, Bank of America, UBS, Big Four, Meta, Hershey, ISI, Tesla Network, 2Q, Amazon, UBS downgrades Bank of America Locations: Big Four U.S, Hershey, cryptocurrency, Wednesday's, 2H24

☆ Elon Musk's having a terrible year
▼ + stars: | 2024-04-02 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Read preview2024 has been off to a rough start for Elon Musk. Musk's golden child, Tesla, has been facing headwinds in recent months. In the US, Musk's company is also facing softening demand from customers who appear to be growing increasingly weary of Musk's antics. Thus far, Musk's purchase of Twitter doesn't appear to be going according to plan. A judge recently tossed out a lawsuit Musk's X filed against a research group, saying the suit was an attempt to bully the social media site's critics into silence.

Persons: —, Elon Musk, Tesla, Justin Sullivan Wedbush, Dan Ives, Ives, — that's, Oppenheimer, Colin Rusch, Musk, he's, OpenAI, Sam Altman, Kent Nishimura, Musk's X, X, Neuralink Organizations: Service, Elon, Business, EV, Twitter, CNBC, Tesla, Bloomberg, Fidelity, SpaceX Locations: Berlin, BYD

☆ The key for Tesla is how well it can embrace the AI potential of the platform, says Colin Rusch
▼ + stars: | 2024-04-02 | 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 EmailThe key for Tesla is how well it can embrace the AI potential of the platform, says Colin RuschColin Rusch, Oppenheimer senior research analyst, joins 'Squawk Box' to preview Tesla's latest delivery numbers, what's at stake for the company, EV demand outlook, and more.

Persons: Tesla, Colin Rusch Colin Rusch, Oppenheimer Organizations: EV

☆ Here are Tuesday's biggest analyst calls: Nvidia, Meta, Boeing, Eli Lilly, Disney, Coca-Cola, Grindr & more
▼ + stars: | 2024-04-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Tuesday's biggest calls on Wall Street: Oppenheimer reiterates Nvidia as outperform Oppenheimer said it's sticking with its outperform rating on shares of Nvidia. Citi reiterates Eli Lilly as buy Citi said the biopharma company is "riding the GLP-1 rocket." Citi downgrades Clorox to neutral from buy Citi said that the bullish thesis for the stock has largely played out for now. Citi upgrades Estee Lauder to buy from neutral Citi said it sees a "topline inflection point" for the stock. Barclays upgrades Array Technologies to overweight from equal weight Barclays said it sees share gains for the solar company.

Persons: Oppenheimer, McCormick, Argus, Needham, it's, Nelson Peltz, Melius, Horton, Citi, Eli Lilly, Estee Lauder, ARRY, JMP, Piper Sandler, Piper, Nio, CFRA, Goldman Sachs, Goldman, Blackstone, Petco Organizations: Nvidia, JPMorgan, Disney, Boeing, Citi, Coca, MTH, RBC, GE Vernova, General Electric, Bank of America, Meta, Travel, Barclays, Eaton, MI, Olema Pharmaceuticals, UBS, Bank of, of America Locations: underperform, LEN, DHI, Asia, Eaton, 4Q23

☆ ‘Oppenheimer’ finally opens in Japan, the only nation to experience horror of nuclear war
▼ + stars: | 2024-04-01 | by ( Chris Lau | Moeri Karasawa | ) edition.cnn.com time to read: +5 min

The three-hour biopic has broken several records since its release last year, becoming the highest-grossing movie set during World War II, according to Universal. As part of its promotional campaign, Universal sought the views of atomic bomb survivor Tomonaga Masao, who is the president of a Nagasaki-based “hibakusha” group — the name survivors call themselves. Oppenheimer’s invention was first used with devastating effect on August 6, 1945, when a US B-29 bomber named Enola Gay dropped an atomic bomb on Hiroshima. Three days later, another B-29, named Bockscar, dropped an atomic bomb on Nagasaki. The bombings finally prompted Japan to surrender, bringing an end to World War II.

Persons: “ Oppenheimer, Christopher Nolan, Barbie ”, J, Robert Oppenheimer, Kogyo, Tomonaga Masao, Masao, Oppenheimer, ”, Hiraoka Takashi, ” Cillian Murphy, Melinda Sue Gordon, Enola Gay, Barbie, “, Rishu, he’s Organizations: CNN, British, Universal Pictures, Universal, Former Hiroshima, US Department of, Manhattan Project, Social, Warner Bros . Film Group, Warner Bros, Warner Bros ., Reuters Locations: American, Japan, Hiroshima, Nagasaki, Nazi Germany, Tokyo, “ Hiroshima

There's a pretty good chance you've already seen the Harry Potter movies, but it's never a bad time for a rewatch. How to watch Harry Potter in the USAll eight Harry Potter movies are available to stream on Peacock. Shop at Peacock TVHow to watch Harry Potter in the UKIn the UK, all Harry Potter movies are available to stream for free on ITVX, ITV's ad-supported free streaming counterpart. How to watch Harry Potter from anywhereIf you're currently outside the UK and want to watch Harry Potter for free, you might want to try a VPN (virtual private network). Shop at ExpressVPNHow to watch Harry Potter with a VPNSign up for a VPN if you don't already have one.

Persons: Harry Potter, J.K, Rowling, Harry, Ron, Hermione, Voldemort, it's, Peacock, Oppenheimer, Kung Fu Panda, They're, ExpressVPN Organizations: Business, Hogwarts School of Witchcraft, Netflix, ITV

☆ Here are Monday's biggest analyst calls: Nvidia, Tesla, Delta, Skechers, Apple, Disney, Micron, Citi, Amazon & more
▼ + stars: | 2024-04-01 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley initiates Compass Pathways at overweight Morgan Stanley said in its initiation of Compass that it's bullish on shares of the mental health biopharma company. Morgan Stanley reiterates Taiwan Semiconductor as overweight Morgan Stanley said it's standing by its overweight rating on shares of TSM. Morgan Stanley reiterates Delta as a top pick Morgan Stanley said Delta's push into "premium" will reward investors. Bank of America reiterates Micron as buy Bank of America said it sees further share gains for Micron. Morgan Stanley reiterates Planet Fitness as overweight Morgan Stanley said it's standing by its overweight rating on the fitness company.

Persons: Jefferies, Goldman Sachs, Goldman, it's, it's bullish, Hunt, Werner, Robinson, Morgan Stanley, Delta, Wells, Evercore, Bill, Tesla, Oppenheimer, Sweetgreen, Baird downgrades, Baird, Tommy Bahama Organizations: Microsoft, Barclays, Barclays downgrades J.B, J.B, C.H, Taiwan Semiconductor, DAL, " Bank of America, Nvidia, Broadcom, Bank of America, Micron, Devon Energy, Bloom Energy, Energy, Disney, underperform Bank of America, Baird downgrades Fifth, Bancorp, Royal Caribbean, Citi, Citigroup Inc, Royal Caribbean Cruises Ltd, TPG Inc, TPG, TE Connectivity, Chevron Corp, Citi downgrades Oxford Industries Locations: TSM, Wells Fargo, Devon, F1Q, Cincinnati, Royal, Oxford

☆ ‘Oppenheimer’ Hits Nuclear-Scarred Japan, 8 Months After U.S. Premiere
▼ + stars: | 2024-04-01 | by ( Motoko Rich | Kiuko Notoya | ) www.nytimes.com time to read: +1 min

Watching “Oppenheimer,” the Oscar-winning biopic about the father of the atomic bomb that opened in Japan on Friday, Kako Okuno was stunned by a scene in which scientists celebrated the explosion over Hiroshima with thunderous foot stomping and the waving of American flags. Seeing the jubilant faces “really shocked me,” said Ms. Okuno, 22, a nursery school teacher who grew up in Hiroshima and has worked as a peace and environmental activist. Eight months after Christopher Nolan’s film became a box office hit in the United States, “Oppenheimer” is now confronting Japanese audiences with the flip-side American perspective on the most scarring events of Japan’s history. The movie follows the breakthrough discoveries of J. Robert Oppenheimer and his team before the United States struck Japan with the first salvo of the nuclear age. It won seven Academy Awards last month, including for best picture.

Persons: “ Oppenheimer, ”, Kako Okuno, “, Okuno, Christopher Nolan’s, “ Oppenheimer ”, Robert Oppenheimer Locations: Japan, Hiroshima, United States

☆ Dazzling selection of the world’s biggest, finest and most unusual gems unite in a single exhibition
▼ + stars: | 2024-03-30 | by ( Julia Carmel | ) edition.cnn.com time to read: +8 min

“It’s really personal.”It’s easy to understand why: As the curator of mineral sciences for the Natural History Museum of Los Angeles, Celestian oversees the Gem & Mineral Hall. The 125-carat "Jonker I" diamond, one of the most storied gems of its kind in history. “The story goes: It was raining one day… and then because all the rain just washed away the sediment, they found a 726-carat rough diamond,” Celestian said. Courtesy the Natural History Museums of Los Angeles CountyA view inside the Hixon Gem Vault, featuring highlights from the "100 Carats" exhibition. Though nothing else is quite as rare, the other gems in this exhibition are unique, vividly colored, and mostly unseen.

Persons: CNN — Aaron Celestian isn’t, ”, they’re, It’s, Celestian, Robert Procop, Sir Ernest Oppenheimer, Harry Winston, Winston, Lazare Kaplan —, King Farouk of, ” Celestian, Shirley Temple, hasn’t, Procop, Angelina Jolie, “, ” Procop, Lori Bettison, Varga, — Organizations: CNN, of Los, Gem, Mineral, American Museum of, “ Locations: of Los Angeles, Los Angeles, South Africa, New York City, King Farouk of Egypt, Egypt, ”, Los Angeles County, New York, Tanzania, Myanmar, Colombia

Central Bank is ‘mechanism of fraud’Milei also reiterated his intention to shut down the country’s central bank, calling the institution a “mechanism of fraud.”“A central bank is a fairly recent invention. Milei admitted his reform push has stalled in Argentina’s Congress in recent weeks, but his government maintains the intention to close the central bank within three years. In the interview, Milei claimed his government’s greatest success since entering office in December has been to beat the hyper-inflation and achieve a fiscal surplus for the first time in years. Milei celebrated Argentina’s fiscal surplus, achieved last month for the first time in years, and said that fiscal stability is “a beacon” of his government. Argentina’s poverty rate is over 50%, according to a report from the Argentina’s Catholic University in Buenos Aires.

Persons: ” “, Gustavo, Petro, Javier Milei, Andrés Oppenheimer, Miami Herald –, Colombia’s, Milei, ”, Andrés Manuel López Obrador, ” López Obrador, López Obrador, Argentinians “, ” “ Israel, ” Milei, Benjamin Netanyahu, Donald Trump, “, it’s, Oppenheimer, ’ Milei, Argentina’s Organizations: CNN, Colombian, Colombian Foreign Ministry, Miami Herald, Israel, ” Defense, Trump, Israeli, Republican, Democrats, Central Bank, Ulysses, Argentina national, Argentina’s Catholic University Locations: Bogotá, Argentine, Gaza, Israel, Buenos Aires, United States, Argentina’s

☆ Here are Thursday's biggest analyst calls: Nvidia, Meta, Tesla, Apple, CyberArk, Grindr, Estee Lauder & more
▼ + stars: | 2024-03-28 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Thursday's biggest calls on Wall Street: Wells Fargo reiterates Bank of America as overweight Wells Fargo raised its price target on Bank of America to $44 per share from $40. HSBC downgrades Bank of America to hold from buy HSBC downgraded Bank of America mainly on valuation. Benchmark reiterates Nvidia as buy Benchmark said it's standing by its buy rating on Nvidia. Bank of America reiterates Amazon as buy Bank of America said it's bullish on Amazon's investments in AI. "We are initiating coverage on CYBR with a Buy rating and a $317 PT."

Persons: Wells Fargo, Bernstein, it's, Goldman Sachs, Tesla, Goldman, Piper Sandler, Piper, Clark, Kimberly, Claude, Estee Lauder, BTIG, TD Cowen, Cowen, Grindr, William Blair, Bentley, Morgan Stanley, JPMorgan, KeyBanc, Oppenheimer, Monness Crespi Hardt downgrades Palantir, Palantir Organizations: Bank of America, FDIC, Apple, HSBC downgrades Bank of America, HSBC, of America, PNC, Tesla, EV, Kimberly, Nvidia, Amazon, Bentley Systems, Allstate, JPMorgan, Major Pharma, Citi, Boeing, Barclays, Meta, SNAP Locations: mkts, DraftKings

☆ Wall Street could be in for another good quarter after an exuberant start to the year, history shows
▼ + stars: | 2024-03-28 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

Wall Street could be in for another solid quarter as stocks have embarked on a strong start to the year. Specifically, in the second quarter, the S & P 500 was higher 9 out of 11 times, averaging a 2.7% gain. Significantly, two occurrences of those 10% first-quarter gains Detrick reviewed took place during election years, with the S & P 500 ending higher on the year. In 1976, the S & P 500 went on to register a 1.5% increase in the second quarter, and a 4.6% jump for the rest of the year. The Wall Street firm maintained its year-end S & P 500 target of 5,050, representing a 3.8% slide from Wednesday's close.

Persons: Ryan Detrick, We've, there'd, Detrick, CNBC's, Research's Sam Stovall, Stovall, Piper Sandler, Craig Johnson, Brian Nick, Nick, John Stoltzfus, Ayako Yoshioka, Yoshioka, CFRA's Stovall, FactSet Organizations: Nvidia, VanEck Semiconductor, Dow Jones, Carson Group, Macro, PMI, Manufacturing, ADP, Survey, Services PMI, Weston Holdings, Conagra Brands, Consumer Credit Locations: U.S

☆ There's a new biggest bull on Wall Street, and he sees the S&P 500 rising to 5,500
▼ + stars: | 2024-03-25 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Oppenheimer's John Stoltzfus has reclaimed his place as the most optimistic when it comes to year-end S & P 500 targets. Stoltzfus, the firm's chief investment strategist, hiked his forecast for the S & P 500 to 5,500 from 5,200. He had the highest target price heading into the year at 5,200, but was outdone as some beat him to increasing their forecasts. Stoltzfus also increased his earnings projection for the S & P 500 in 2024 by $10 to $250, making him tied for another Street high. The benchmark S & P 500 has climbed nearly 10% so far in the new year.

Persons: Oppenheimer's John Stoltzfus, Stoltzfus, JPMorgan's Dubravko Organizations: CNBC Pro, Social Security, CNBC

Like tech stocks, bitcoin sometimes benefits from low interest rates and improved market liquidity, which can lead to better sentiment and greater investment in growth assets. Stock Chart Icon Stock chart icon Bitcoin turns higher after two days of losses"There has been an inverse relationship between rates and bitcoin price," said Oppenheimer executive director Owen Lau. "When the Fed increased interest rates in 2022, it took out liquidity from the market, which impacted bitcoin and tech stocks. When the Fed cuts rates, it provides liquidity to the market, which should benefit risky assets such as bitcoin. The Dow Jones Industrial Average , S&P 500 and Nasdaq Composite all closed at record highs after the Fed meeting wrapped up.

Persons: Bitcoin, cryptocurrency, Cryptocurrencies, Oppenheimer, Owen Lau, It's, Ether, Solana, dogecoin, MicroStrategy, CleanSpark, bitcoin, We've, Vijay Ayyar Organizations: Getty, Metrics, Federal, Polygon's, Iris Energy, Marathon, JPMorgan, Dow Jones, Nasdaq, CNBC

☆ Here are some of Wall Street’s top derivative plays following Nvidia's latest chip launch
▼ + stars: | 2024-03-19 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Shares of the chip giant pulled back about 2% during Tuesday's session, after announcing its latest AI chips . While Nvidia's latest announcements solidify the company's AI leadership, Wall Street anticipates some positive tailwinds for a slew of derivative players. Semiconductor derivative plays Nvidia's latest announcements could pose some major tailwinds for companies operating within the chipmaker's ecosystem. Liquid cooling The liquid cooling industry may also benefit as Nvidia harnesses the technology to cool the 72 Blackwell GPUs in its new server rack system, known as GB200 NVL72. "We believe built-in liquid cooling capabilities in addition to the power density of the system should be a positive for VRT's liquid cooling and power management businesses," he wrote.

Persons: Harlan Sur, Blackwell, Rosenblatt, Hans Mosesmann, Goldman Sachs, Toshiya Hari, Matt Bryson, Laura Chen, Oppenheimer, Rick Schafer, Amit Daryanani, Vertiv, Headwinds, Nvidia's Blackwell, Hari Organizations: Nvidia, NVIDIA, Micron Technology, MU, Micron, Taiwan Semiconductor, Wall, Marvell Technology, Blackwell, Micro Computer, Mosesmann, Devices, AMD, Data, Intel Locations: America

☆ Timothée Chalamet already has audiences' hearts. The latest box-office numbers show he has their wallets, too.
▼ + stars: | 2024-03-18 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +4 min

Timothée Chalamet's recent films, 'Wonka' and 'Dune: Part Two,' have both surpassed the $200 million mark at the domestic box office. No film had crossed $200 million domestically since "Oppenheimer" last August. Chalamet, whose global box office total is over $2.5 billion, is proving he'll be a box-office draw for years to come. And now Timothée Chalamet has the box-office coin to prove he's one of the biggest draws in the movie business. Both titles have also surpassed the $200 million milestone domestically, something no other titles released this year have done so far.

Persons: Timothée, Wonka, Oppenheimer, Chalamet, —, He's, Bird, Leonardo DiCaprio, Roald Dahl's, Charlie, Frank Herbert's, Tom Cruise, Luca Guadagnino, John Travolta, Paul Dergarabedian, Dergarabedian, Timothée Chalamet, Alberto E, Rodriguez, Bob Dylan Organizations: Service, Warner Bros, Sony Pictures, Warner Bros ., Business, Hollywood

☆ The 26-year-old YouTuber conquering French journalism
▼ + stars: | 2024-03-16 | by ( Joshua Berlinger | ) edition.cnn.com time to read: +9 min

Travers, 26, is the founder and face of HugoDecrypte, a French media start-up that delivers news aimed primarily at young audiences. Travers' daily news round-ups, usually delivered from behind a desk, are very popular among younger French audiences. Joshua Berlinger/CNNThe first concerned the state of political coverage in French media. The HugoDecrypte channel launched with the mission to give young French audiences a fast, digestible way to understand the news. But he and editor-in-chief Aleberteau believe that, wherever there is social media, their model is viable.

Persons: Paris CNN — Hugo Travers, Travers, Le, “, ” Travers, there’s, ”, Alice Antheaume, Emmanuel Macron, Macron, Gabriel Attal, Marie Flament, Francois Jost, Joshua Berlinger, Z, Travers ’, pander, “ You’ve, Benjamin Aleberteau, HugoDecrypte, Christopher Nolan, “ Oppenheimer, Omar Sy, Tahar Rahim, Virginie Efira, Jost, “ TikTok, …, it’s, I’m, they’re, Xavier Niel, Vincent Bollore, Rupert Murdoch, Aleberteau, ” Aleberteau Organizations: Paris CNN, YouTube, CNN, Sciences Po Journalism School, Franco, Sorbonne Nouvelle University, Democratic, Sciences Po, Reuters Institute, Antheaume Locations: France, French, TikTok, Europe, Paris, Sudan, Democratic Republic of Congo

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