DIRS.INFO The most relevant business & tech news

☆ Bank of America names Goldman Sachs its top financial pick, gives 3 catalysts that will drive the shares
▼ + stars: | 2024-07-30 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Bank of America analysts are growing more bullish on Goldman Sachs after meeting with chairman and CEO David Solomon. BofA reiterated a buy rating on Goldman Sachs in a note on Tuesday that summarized the meeting, alongside a $563 per share price target. GS YTD mountain Goldman Sachs stock. "We believe it is one of the best financial franchises (and among the strongest risk managers) globally at relatively discounted valuations on mid-teens ROE potential," Poonawala said. Goldman Sachs stock has advanced about 31% in 2024 through early trading Tuesday.

Persons: Goldman Sachs, David Solomon, BofA, Goldman, ROE resiliency, Ebrahim Poonawala, headwinds, Solomon, ROE, Poonawala Organizations: of America, Goldman, Wall Locations: Goldman Sachs

☆ P&G stock deserves to be down after a messy quarter — but not by this much
▼ + stars: | 2024-07-30 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

Despite that, P & G had a spotty quarter, which could give fuel to investors worried that a deterioration in the consumer would make its guidance harder to achieve. Nevertheless, P & G still fills an important role in a diversified portfolio, and its business is on solid footing. That includes North America, where organic sales grew 4%, and Europe, where organic sales increased 2% despite a difficult 12% comparison in the year-ago period. That helps explain how you get organic sales in China down 9%, albeit a slight sequential improvement from the 10% drop in the third quarter. It saw a mid-single digit decrease in organic sales because of market-share losses for its Luvs diapers.

Persons: Gamble, Stanley Black, Decker, Procter, Jim Cramer, Andre Schulten, Jon Moeller, Jim, it's, Jim Cramer's, Andrew Kelly Organizations: Procter, Revenue, LSEG, Procter & Gamble, Colgate, Palmolive, Unilever, Federal Reserve, SK, Care, CNBC Locations: U.S, Western Europe, North America, Europe, China, Japan, Middle, Manhattan , New York City

☆ Where are China's ultra-rich parking their wealth amid a slowing economy?
▼ + stars: | 2024-07-30 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +5 min

At a time when China's economy is facing headwinds, and growth has been slowing, where are the Chinese ultra-rich, whose numbers are expected to swell to 144,897 by 2028 from 98,551 in 2023, parking their wealth? However, the country's high-end property market remains a favored asset. Luxury real estate"There has been a noticeable increase in transactions within Shanghai's luxury real estate sector," said James Macdonald, head of China research at global real estate firm Savills, attributing it to a recent policy easing by the government. That said, China's luxury real estate market is still primarily concentrated in the core areas of first-tier cities, said Li. Other local investment classes, such as the wider property market and China-listed stocks are not as popular among the ultra rich, experts told CNBC.

Persons: Weiquan Lin, Frank, James Macdonald, Savills, Stephen Pau, Sam Xie, CBRE's, Xie, Arbour, Tian Di, Knight Frank Head of, Pacific Research Christine Li, Li, Nick Xiao, Xiao, Yongyuan Dai, Pau, defensiveness Organizations: CNBC, Pacific Research, Overseas, Domestic Institutional Investors, Domestic Limited, Hywin Locations: China, Shanghai, Lujiazui, Knight Frank Head of Asia, Pacific, Hong Kong, Yongyuan, Pau

TD Cowen raised its price target on Apple shares to $250 ahead of earnings later this week. The firm upgraded the conglomerate to buy from hold and raised its price target to $150 per share from $110. Jonas maintained an overweight rating on Tesla stock with a $310 price target, implying more than 41% upside from Friday's $219.80 close. The analyst upgraded the chemicals stock to overweight from neutral, and reiterated a $55 per share price target. — Brian Evans 5:49 a.m.: TD Cowen raises Apple price target ahead of earnings Artificial intelligence is going to be a main driver to Apple going forward, and the company's upcoming earnings release could reflect that, according to TD Cowen.

Persons: TD Cowen, Guggenheim, Morgan Stanley, Tesla, 3M's, Bill Brown, Nicole DeBlase, DeBlase, — Brian Evans, Adam Jonas, Jonas, Brian Evans, Jeffrey Zekauskas, Olin, Piper Sandler, Charles Schwab, Charles Schwab's, Schwab, Patrick Moley, AAPL, Krish Sankar, Sankar, John DiFucci, Fred Imbert Organizations: CNBC, Apple, Technologies, Ford, Deutsche Bank, EV, JPMorgan, Olin, Huawei, Akamai Technologies, Guggenheim, Security Locations: U.S, Friday's, China

☆ Here are JPMorgan's top drug stock picks into earnings
▼ + stars: | 2024-07-29 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

JPMorgan is eyeing a few drug manufacturers ahead of their earnings reports as investors continue to sell out of major technology firms. This backdrop has analyst Chris Schott reviewing JPMorgan's top pharmaceutical and biotechnology stocks, which includes "stories that have clear upside potential to longer-term estimates" like Eli Lilly and Merck. Eli Lilly Pharmaceutical company Eli Lilly made the list. Schott said the firm is somewhat below consensus Wall Street estimates for Eli Lilly heading into second-quarter results on Aug. 8. LLY YTD mountain Eli Lilly stock.

Persons: Johnson, Merck —, Chris Schott, Eli Lilly, Merck, Schott, —, Regeneron Organizations: JPMorgan, Dow Jones, Johnson, Merck, US Major Pharma, Schott, FactSet, Pharmaceuticals Locations: Mounjaro, Novo

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Tesla, Live Nation, 3M, Uber, Eli Lilly, Amazon, Coinbase & more
▼ + stars: | 2024-07-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Monday's biggest calls on Wall Street: Morgan Stanley reiterates Live Nation as overweight Morgan Stanley said shares of the entertainment concert company are compelling. " Cantor Fitzgerald reiterates Nvidia as overweight Cantor said the stock is still a top pick at the firm. Guggenheim upgrades Akamai to buy from neutral Guggenheim said shares of the cloud computing networking company have more room to run. Bank of America reiterates Apple as buy Bank of America said it's bullish heading into Apple earnings later this week. JPMorgan reiterates Eli Lilly as overweight JPM said the stock is a "core holding" ahead of earnings on August 8.

Persons: Morgan Stanley, Cantor Fitzgerald, Cantor, TD Cowen, AAPL, Wells, Booz Allen Hamilton, it's, Guggenheim, Piper Sandler, Charles Schwab, Piper, Schwab, Olin, Mizuho, Bill Brown's, Myers Squibb, JPMorgan, Eli Lilly, JPM, Evercore, Tesla, Oppenheimer, Raymond James, Davidson, Raymond James downgrades Organizations: NVDA, MU, Apple, Huawei, Booz, Guggenheim, RBC, Deutsche Bank, Northrop, Deutsche, JPMorgan, Uber, Holdings, 3M, " Bank of America, Bank of America, Edge, Barclays downgrades Bristol, Myers Squibb, Barclays, Bristol, Ford, Microsoft, Charter, HSBC Locations: China, underperform

☆ How the Harris 2024 shake-up could affect House and Senate races
▼ + stars: | 2024-07-27 | by ( Zachary B. Wolf | Simone Pathe | ) edition.cnn.com time to read: +13 min

It could also have a major impact on House and Senate races. We talked by email about the state of play for the House and Senate and how the shake-up in the presidential race might change things. PATHE: House races are typically more nationalized than Senate races because the candidates are lesser known; therefore, it’s harder for them to separate themselves from their party and the top of the ticket. WOLF: The presidential primary process is over, but we’re still in the thick of statewide primaries for House and Senate races. WOLF: If there’s one Senate race that could be a bellwether for the country as a whole, which one is it and why?

Persons: Kamala Harris, Joe Biden, Simone Pathe, Harris, Biden, It’s, Donald Trump, Trump, Wisconsin Sen, Tammy Baldwin, who’s, Baldwin, she’d, Sen, Jon Tester, Tester, it’s, Priscilla Alvarez, hasn’t, WOLF, Ohio’s Sherrod Brown, doesn’t, Brown, — Tester, Bob Casey of Pennsylvania, Jacky Rosen, Nevada –, —, There’s, we’re, — GOP Sen, Rick Scott, Debbie Mucarsel, Powell, Colin Allred, GOP Sen, Ted Cruz, there’s, Cruz, we’ve, Beto O’Rourke’s, Jaime Harrison’s, South Carolina Sen, Lindsey Graham, Allred —, That’s, Debbie Stabenow, Elissa Slotkin, Mike Rogers Organizations: CNN, CNN Politics, Senate, PATHE, Democratic, Black, Biden, Trump, Air Force, GOP, Republican, Democrat, House, — GOP, of Houston, South Carolina, Democrats, Democratic Rep Locations: Washington, Wisconsin, Madison, Milwaukee, Baldwin, Montana, California, Pennsylvania, Trump, New York, Oregon , Washington , Colorado , Michigan, North Carolina, New Mexico, Maine, Alaska, York, Ohio, In Ohio, Nevada, Arizona , Michigan, West Virginia, — Texas, Florida, Maryland, Texas, Michigan

☆ Signify is still seeing headwinds in China and Europe, CEO says
▼ + stars: | 2024-07-26 | 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 EmailSignify is still seeing headwinds in China and Europe, CEO saysSignify's CEO Eric Rondolat says the market has been stabilising and the company is seeing "very strong price erosion" in some local markets in countries such as China and India.

Persons: headwinds, Eric Rondolat Locations: China, Europe, India

☆ Why JD Vance is being dogged by couch memes — and struggling in general
▼ + stars: | 2024-07-26 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Read previewNearly two weeks after former President Donald Trump selected JD Vance to be his running mate, it's safe to say the Ohio senator is struggling. His polling is the worst of any non-incumbent vice presidential nominee in decades. Related storiesThat lack of familiarity is a key reason that the memes about Vance having sex with a couch have taken off. By Thursday, social media was awash with memes riffing on the notion that Trump's vice presidential nominee had once fornicated with a couch. In Vance's case, the meme seems to be an ironic stand-in for other issues that voters may have with the Ohio senator, even if they know he probably didn't have sex with a couch.

Persons: —, Donald Trump, JD Vance, they've, he's, Vance, MAGA, Joe Biden, they're, Blake Masters —, it's, — JD Vance, @JDVance, Kamala Harris —, Tucker Carlson, I've Organizations: Service, Business, Trump, Associated Press, Democratic, CNN, Ohio, Senate, GOP Locations: Ohio, Arizona, New York

☆ Defining a buyer's market 'is always a bit tricky,' real estate expert says: 4 signs to monitor
▼ + stars: | 2024-07-26 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +4 min

Despite those headwinds, some indicators show the housing market is shifting away from a seller's market. That doesn't mean it's a buyer's market — yet: "The term buyer's market is always a bit tricky to work with," said Chen Zhao, the economic research lead at Redfin, an online real estate brokerage firm. There are "rules of thumb" to define a buyer's market, like having more than four months of supply, she said. "We're still nationwide somewhat in a seller's market, not a buyer's market yet," he said. Here are four signs that can help you recognize if the housing market in your area is more in buyers' favor: 1.

Persons: Freddie Mac, Chen Zhao, Zhao, they're, We're, Daryl Fairweather, Redfin, Julie Zubiate, Selma Hepp, Sellers Organizations: National Association of Realtors, NAR, Federal, Zillow, CNBC, Finance, Sdi, San Francisco Bay Area Locations: U.S, Redfin, San Francisco Bay

☆ Though Critical on Gaza, Trump Cites Good Relations With Netanyahu
▼ + stars: | 2024-07-26 | by ( Michael Gold | Matthew Mpoke Bigg | ) www.nytimes.com time to read: +1 min

Former President Donald J. Trump, who for months has urged Israel to end the war in the Gaza Strip as quickly as possible, said that he and Prime Minister Benjamin Netanyahu of Israel remained on good terms after the two met on Friday, and that he would be a stronger ally of Israel than Vice President Kamala Harris. Mr. Netanyahu and Mr. Trump, who met in Palm Beach, Fla., were close allies during Mr. Trump’s presidency, but their ties became strained after the 2020 election. Even so, Mr. Netanyahu faces growing international criticism and pressure over Israel’s war effort, and his trip to shore up support fought against strong headwinds. Mr. Trump, in a Fox News interview on Thursday, said of the war in Gaza: “It can’t continue to go on like this. It’s too much.” Ms. Harris and President Biden met with Mr. Netanyahu on Thursday, and pressed, as they have for months, for a cease-fire that would provide for the release of hostages held by Hamas.

Persons: Donald J, Trump, Benjamin Netanyahu, Israel, Kamala Harris, Mr, Netanyahu, Trump’s, we’ve, ”, Harris, Ms, Biden Organizations: Mr, Fox Locations: Israel, Gaza, Palm Beach, Fla

Meanwhile, Redburn Atlantic initiated coverage of DoorDash with a buy rating and a price target implying upside of more than 60%. He also notched down his price target to $29 from $32, indicating 9.4% downside potential from Thursday's close. Analyst Vivek Arya reiterated his buy rating on the Dutch-based chipmaker in a client note on Thursday. He also cut his price target to $1.25 from $6.25, which was 7 cents below Thursday's close price. DASH YTD mountain AAPL year to date — Hakyung Kim 5:33 a.m.: Raymond James raises Apple price target Raymond James is getting more bullish on Apple ahead of earnings.

Persons: Raymond James, Michael Linenberg, Linenberg, Southwest's, — Hakyung Kim, BofA, Vivek Arya, NXP, NXPI, Arya, Davidson, Alexander Perry's, Perry, Morgan Stanley, International Morgan Stanley, Nathan Feather, Feather, Hakyung Kim, James Cordwell, Cordwell, EBITDA, Srini Pajjuri, Fred Imbert Organizations: CNBC, Apple, Southwest Airlines Deutsche Bank, Southwest Airlines, Revenue, NXP, Bank of America, EV, Harley, International, WW International, DoorDash Locations: U.S, China, Thursday's, 2H24

☆ Takeaways from latest GDP report showing US economy is making history
▼ + stars: | 2024-07-25 | by ( Bryan Mena | ) edition.cnn.com time to read: +5 min

Separate data on spending shows that American shoppers are still shopping. That measure strengthened in the second quarter, rising to a 2.9% rate compared to 2.6% seen earlier this year. Generally, one risk that comes with an economy that’s expanding robustly is that price pressures can either get stuck or heat up. Businesses are still spending, but less on thisBusinesses invested much more in the second quarter than in the first three months of the year. The measure for that — known as “nonresidential fixed investment” — rose to a 5.2% rate in the second quarter, up from 4.4% in the first quarter.

Persons: That’s, pare, ”, Jamie Cox, ” Scott Helfstein, ” Oren Klachkin Organizations: Washington CNN, Gross, Commerce Department, Federal Reserve, PCE, Harris Financial Group, “, Nationwide

☆ U.S. economy grew at a 2.8% pace in the second quarter, much more than expected
▼ + stars: | 2024-07-25 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Real gross domestic product , a measure of all the goods and services produced during the April-through-June period, increased at a 2.8% annualized pace adjusted for seasonality and inflation. Economists surveyed by Dow Jones had been looking for growth of 2.1% following a 1.4% increase in the first quarter. Economic activity in the U.S. was considerably stronger than expected during the second quarter, according to an initial estimate Thursday from the Commerce Department. The so-called chain-weighted price index, which takes into account changes in consumer behavior, increased 2.3% for the quarter, below the 2.6% estimate. There also is pressure in the housing market: Sales are declining while home prices continue to climb, putting pressure on first-time homebuyers.

Persons: Dow Jones Organizations: Commerce Department, Stock, Federal Reserve, Fed, Philadelphia Federal Locations: U.S

☆ 2024 Paris Olympics viewer’s guide: NBC’s plans, Snoop Dogg, and the big ratings question
▼ + stars: | 2024-07-24 | by ( Richard Deitsch | ) www.nytimes.com time to read: +18 min

Follow our Olympics coverage in the lead-up to the Paris Games. The Paris Games will have more programming hours on the NBC broadcast network than any previous Olympics. NBC is upping its celebrity presence for its Olympic coverage in Paris, headlined by Snoop Dogg. “Research shows that it is a challenge to keep viewers after 10 p.m. ET,” NBC Olympics producer Rob Hyland said. NBCUniversal owns the U.S. media rights to the Olympic Games through 2032, so Paris (2024), Milan-Cortina (2026), Los Angeles (2028) and Brisbane (2032).

Persons: Peacock, Molly Solomon, NBC’s, “, ” Solomon, Solomon, Snoop, Snoop Dogg, Christian Petersen, Kelly Clarkson, Peyton Manning, Mike Tirico, Alex Cooper, Leslie Jones, Kevin Hart, Kenan Thompson, Colin Jost, Cooper, Simone Biles, Manning, Ryan Crouser, Jones, Katie Ledecky, Sha’Carri Richardson, Lily Collins, Anna Hall, Ledecky, LeBron James, Sydney McLaughlin, Kelly Campbell, Peacock’s, Scott Hanson, Andrew Siciliano, Jac Collinsworth, Matt Iseman, Akbar Gbajabiamila, ”, Al Michaels, Mark Lazarus, Sanya Richards, Ross, Rowdy Gaines, Tim Daggett, Laurie Hernandez, Samantha Peszek, Misty, Julie Foudy, Dwyane Wade, LaChina Robinson, Michael Phelps, Dan Hicks, Gaines, Maddie Meyer, they’ll, Rob Hyland, Andres Cantor, Rebecca Lowe, Craig Melvin, Ahmed Fareed, Damon Hack, Maria Taylor, Cara Banks, Laura Britt, Trenni Casey, Lindsay Czarniak, Carolyn Manno, Kathryn Tappen, John Roethlisberger, “ John, He’s, …, breaststroker Lilly King wagged, Ryan Murphy, Sunny Choi, Victor Montalvo, Joe Gesue, Ron Vaccaro, NBCU, it’s, NBCUniversal, Rick Cordella, Dan Goldfarb, Stuart Franklin Organizations: Paris, NBC, Paris Games, U.S, Tokyo Olympics, Olympics, NBC Olympics, NBC’s, Getty, NBC Sports, Tokyo Games, Beijing, Games, USA, CNBC, Golf Channel, Telemundo, Universo, NBCOlympics.com, “, ”, NFL, NBCUniversal Media, Paris La Défense, Research, Olympic, Grand Palais, Concorde, NBC Sports ’, Olympic Games, Cortina Locations: Paris, Beijing, Pyeongchang, South Korea, Central, Pacific, U.S, Paris ”, Teahupo’o, Tahiti, Rio de Janeiro, Brazil, China, Rio, Tokyo, Peacock, United States, Versailles, Grand, London, Russian, Norway, South Carolina, Milan, Los Angeles, Brisbane, French

(This is CNBC Pro's live coverage of Wednesday's analyst calls and Wall Street chatter. "At this point, we believe EPS and investor sentiment have troughed and believe the risk-to-reward profile skews favorable," wrote analyst Nik Modi. "However, with minimal upside to our revised $47 price target and a relatively 'balanced' risk-reward between our $28 bear case …. –Samantha Subin 5:54 a.m.: Wall Street stands by Alphabet, AI potential post-earnings Wall Street analysts remain bullish on the outlook for Alphabet , even after the stock fell on the back of its second-quarter results. His price target of $425, up from $320, implies upside of more than 28% from Tuesday's close.

Persons: Goldman Sachs, Lauder, Estee Lauder, Nik Modi, Modi, Estee, – Samantha Subin, Morgan Stanley downgrades, Morgan Stanley, Adam Jonas, Jonas, Samantha Subin, Dan Levy, Tesla, Michaeli, Bernstein's Toni Sacconaghi, Mark Delaney, GOOGL, Doug Anmuth, Justin Post, Eric Sheridan, Brent Thill, Sheridan, Fred Imbert Organizations: CNBC, Spotify, RBC, Markets, Motors, GM, General Motors, Tesla, Barclays, YouTube, Bank of America, Google, Jefferies Locations: China, 1H25, Tuesday's

☆ These companies reporting next week are at risk of an earnings blowup
▼ + stars: | 2024-07-24 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

A few companies with quarterly results due next week could see shares slide as analysts have lowered their earnings forecasts. The second-quarter earnings season so far has seen roughly 27% of S & P 500 companies report results, notching more than 10% earnings growth according to FactSet data. Earnings estimates have declined at least 10% in the past three and six months Implied upside to average price target of 10% or less Companies are reporting earnings next week New York-based utility Consolidated Edison is on the list. Analysts' estimates for earnings have slid by 372% over the past three months, and they are down 167% over the past six months. Earnings estimates from analysts have slid 59% over the past three months and 69% over the past six months, according to FactSet.

Persons: Guggenheim, Ruben Roy, Jason Bazinet Organizations: Wall, CNBC, Consolidated Edison, Intel, Electronic Arts, CNBC Pro's, EA, FactSet, Citi, Arts Locations: New York

☆ This small-cap stock could see big gains as film industry continues poststrike normalization, analyst says
▼ + stars: | 2024-07-24 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Imax is due for a rally as Hollywood continues getting back on track after last year's strikes, according to Seaport Research Partners. Analyst David Joyce initiated coverage of the stock, known for its large movie screens, at a buy rating. Joyce's $23 price target implies the stock can rally 30% from Tuesday's closing level. Joyce called Imax a small-cap way to play the normalization of the film industry after joint strikes from writers and actors last year stalled production and delayed some releases. The analyst also believes the stock is not trading like an "experience economy" play despite fitting the mold.

Persons: David Joyce, Joyce Organizations: Hollywood, Seaport Research Partners Locations: Imax's

☆ Why an indicator that has foretold almost every recession doesn't seem to be working anymore
▼ + stars: | 2024-07-24 | by ( Jeff Cox | ) www.cnbc.com time to read: +7 min

According to the New York Federal Reserve, which uses the 10-year/three-month curve, a recession should happen about 12 months later. The inversion is not aloneMaking the situation even more complicated is that the yield curve isn't the only indicator showing reason for caution about how long the post-Covid recovery can last. But the rate dynamics have helped companies escape what usually happens in an inverted curve. With an inverted curve hitting their net interest margins, banks may opt to lend less, causing a pullback in consumer spending that can lead to recession. This could provide something of a self-fulfilling prophecy for the yield curve.

Persons: Alex Kent, hasn't, —, there's, it's, Mark Zandi, It's, Joseph LaVorgna, SMBC, Quincy Krosby, We've, Jim Paulsen, Paulsen, That's Organizations: New York Stock Exchange, Bloomberg, Getty, Moody's, New York Federal Reserve, SMBC Nikko Securities, Gross, National Bureau of Economic Research, Commerce Department, LPL, Federal Reserve, Fed Locations: New York, SMBC Nikko, Wells Fargo

☆ Major players in U.S. supply chain seek new approach to shipping legislation
▼ + stars: | 2024-07-24 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +4 min

Labor unions, maritime shipping interests and other supply chain businesses have formed a new trade group to push for more domestic infrastructure investment to safeguard the supply chain. "We are bringing the links of the supply chain together," said Josh Wood, CEO of the Supply Chain Council. "We will be championing legislation to strengthen supply chain resiliency and jobs." Wood said that before Covid, supply chain segments were most often viewed independently, and the need to focus on interconnectedness of freight segments has continued to increased with the supply chain experiencing major headwinds. One of the contentious aspects of a strong supply chain is the introduction of automation.

Persons: Johnson, Josh Wood, Wood, There's, Steven Hussain, Hussain, Josh LaFarga, LaFarga, It's, Harold J, Daggett Organizations: Labor, Chain Council, Johnson Controls, Northern Rail Company, SSA Marine, International Union of, Pacific Merchant Shipping Association, Prologis, Community Relations, CNBC, Southern, Workers, Longshoremen's Association, Gulf Ports, United States Maritime Alliance Locations: Prologis, International Union of North America, Panama, Southern California, East Coast, Gulf, United States

☆ Tesla earnings call live updates: Elon Musk's EV maker to report quarterly earnings today after market close
▼ + stars: | 2024-07-23 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +1 min

Tesla is set to report second-quarter earnings after the closing bell on Tuesday. Wall Street is more bullish after Tesla reported better-than-expected deliveries for the second quarter. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTesla investors are eagerly awaiting the company's second-quarter results as they look for signs that the strongest headwinds have passed after a tough start to the year. The carmaker is set to report financials for the second quarter on Tuesday after the closing bell.

Persons: Tesla, —, Elon Musk Organizations: Service, Elon, Business

☆ Taiwan stole America’s chip industry according to Trump. But that’s not true
▼ + stars: | 2024-07-23 | by ( Wayne Chang | ) edition.cnn.com time to read: +7 min

Industry experts tell CNN that, far from stealing, Taiwan grew its own semiconductor industry organically through a combination of foresight, hard work and investment. The only possible strength that Taiwan had, and even that was a potential one, not an obvious one, was semiconductor manufacturing,” he said. Billionaire Morris Chang, chairman and founder of Taiwan Semiconductor Manufacturing Company, in Hsinchu, Taiwan, on October 6, 2017. It now produces more than 90% of the world’s advanced chips, according to the Semiconductor Industry Association. “Taiwan has very good tech talent and an environment for research, development and investment.

Persons: Donald Trump, Morris Chang, Chang, “, ”, Billionaire Morris Chang, Wang, Christopher Miller, Miller, TSMC, ” Konrad Young, ” Young, Cho Jung, ” Cho, Trump, Trump’s, Joe Biden, Young Organizations: Taiwan CNN — Former, Bloomberg Businessweek, Republican, Industry, CNN, Taiwan Semiconductor Manufacturing, Intel, Motorola, Texas, Computer, Taiwan Semiconductor Manufacturing Company, Bloomberg, Getty, Semiconductor Industry Association, Technology, Samsung Electronics, US, Trump Locations: Taipei, Taiwan, United States, Mountain View , California, Hsinchu, Washington, “ Taiwan, China, ”, South Korea, Arizona

☆ Inside Best Buy's push to get back to sales growth, cash in on AI craze
▼ + stars: | 2024-07-23 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +7 min

One of Best Buy's major hopes to drive sales comes from artificial intelligence-enabled laptops and smartphones. Best Buy expects revenue to range from $41.3 billion to $42.6 billion, a decline from $46.3 billion last year. (Best Buy is among the retailers that have participated in the Amazon-created retail holiday by offering up its own deals.) The collection, which includes roughly 40 different items with about 40% exclusive to Best Buy, began to get delivered in mid-June. A Best Buy store in Woodbridge, Virginia, US, on Tuesday, May 21, 2024.

Persons: Melissa Repko, Corie Barry, Barry, Steven Zaccone, Gram, Nathan Howard, headwinds Organizations: CNBC, Citi Research, Adobe Analytics, Apple, Samsung, Microsoft, YouTube, company's, Bloomberg, Getty Locations: Secaucus, N.J, Woodbridge , Virginia

☆ ANZ discusses the headwinds that could affect India's economic growth for financial year 2025
▼ + stars: | 2024-07-23 | 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 EmailANZ discusses the headwinds that could affect India's economic growth for financial year 2025Sanjay Mathur, chief economist at the bank, discusses the country's fiscal policy.

Persons: Sanjay Mathur Organizations: ANZ

☆ Tuesday, July 23, 2024: Cramer says this once-loved life sciences stock will be loved again
▼ + stars: | 2024-07-23 | by ( ) www.cnbc.com time to read: 1 min

Tuesday, July 23, 2024: Cramer says this once-loved life sciences stock will be loved againJim and Jeff discuss the smart plays by this life sciences stock. They also talk about the tailwinds for this mega cap tech stock. Finally, the discuss the headwinds affecting this media stock.

Persons: Cramer, Jim, Jeff

Search resuls for: "headwinds"

25 mentions found