DIRS.INFO The most relevant business & tech news

☆ Stella Artois taps David Beckham to restore its shine
▼ + stars: | 2024-03-12 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —Stella Artois, the nearly century-old brew, isn’t immune to the difficulties facing beer sales, so it’s drafting one of the world’s most recognizable personalities to help the lager return to its former glory: David Beckham. On Tuesday, the Anheuser-Busch InBev-owned brand introduced the former soccer superstar as the new face of its beer, naming Beckham as its “official ambassador” for Stella Artois. David Beckham is the new face of Stella Artois. Beckham joins fellow soccer superstar Lionel Messi in the A-B ambassador portfolio. “Beckham certainly gives Stella Artois the kind of top-tier recognition that A-B has historically leaned on to gain attention,” Sightline’s Roth said.

Persons: New York CNN — Stella Artois, David Beckham, Beckham, ”, Stella Artois, weren’t, Bump, it’s, ” Bryan Roth, Richard Oppy, Oppy, Victoria Beckham, David, ” Oppy, Matt Damon, Zoe Saldana, Lionel Messi, Bud Light, “ Beckham, ” Sightline’s Roth, “, ” Roth, Messi “ Organizations: New, New York CNN, Anheuser, Busch InBev, Bump Williams Consulting, Feel Goods Company, CNN, InBev, Maserati, Wimbledon, Roland, Garros, Inter Miami CF, Major League Soccer, Bowl, North America, Bud Light Locations: New York, Europe, America

LOS ANGELES (AP) — There is a whole other show that happens offscreen at the Oscars that the home audience doesn't see on television. “It’s not OK, it’s bad, I’m going home.”GRETA GERWIG AND THE COSTUME DESIGNERSOut in the lobby Gerwig had a fan who wanted to talk to her about something very specific: Ann Roth’s ‘Barbie’ cameo. During the performance, the Dolby Theatre took on the feel of a Taylor Swift concert, with everyone in the room standing and breaking into spontaneous, joyous dance. And the biggest fan in the room was Gerwig, who was given her own personal Ken right up in her face. During the commercial break Mark Ronson found his way to Gerwig, Robbie and a crowd of admirers.

Persons: Martin Scorsese, Margot Robbie, Ryan Gosling, Carey Mulligan, Jimmy Kimmel’s, Marcus Mumford, Emma Stone, Jennifer Lawrence, Greta Gerwig beelined, Robbie, Joy Randolph, Mulligan, Mumford, EMMA, ”, attentively, Florence Pugh, Pugh, John Cena, “, Stone, GRETA GERWIG, Gerwig, Ann Roth’s ‘ Barbie, Eduardo Castro, who’s, Roth, “ Barbie, Kimmel, She’s, Ma, ” Castro, Betty ”, ” Gerwig, Greta, Noah Baumbach, Gosling, Taylor, Ken, Mark Ronson, Ronson, Downey, Emily Blunt, chatted, Ball, Cord Jefferson, Kate McKinnon, Marlee Matlin, Steven Spielberg, Barbie ”, I’m Organizations: ANGELES, Associated Press, America, Dolby Theatre Locations: Gerwig

☆ A U.S. ship with equipment for building a pier is on its way to Gaza as part of a plan to ramp up aid
▼ + stars: | 2024-03-10 | by ( ) www.cnbc.com time to read: +5 min

But aid officials say that air and sea deliveries can't make up for a shortage of supply routes on land. The daily number of aid trucks entering Gaza by land over the past five months has been far below the 500 that entered before the war. The Health Ministry in Gaza said that at least 31,045 Palestinians have been killed since the war began. Meanwhile, U.S. efforts began to set up the temporary pier in Gaza for sea deliveries. Israel declared war on Oct. 7 after Hamas militants killed about 1,200 people, mostly civilians, and took 250 hostages.

Persons: Joe Biden, Ramadan, Jordan, Israel, Linda Roth, Roth, Biden, Benjamin Netanyahu, Netanyahu, Relatives, Khan Younis, Frank S, Besson Organizations: Hamas, U.S . Army, airdrops, MSNBC, Health Ministry, Civil Defense Department, Associated Press, . Central Command, European Union, United Arab, European Locations: Israel, Palestinian, Rafah, Gaza, U.S, Cyprus, Larnaca, Gaza City, Deir, Khan, Virginia, European, United States, United Arab Emirates, Egypt, Qatar

☆ I finally invested my HSA money after writing about millionaires who take advantage of a 'triple tax threat strategy.' I could pocket an extra $233,000 by the time I retire.
▼ + stars: | 2024-03-09 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +12 min

After 65, you can use your HSA money to cover any expense without incurring a penalty, but the funds are subject to income tax. I happily used my HSA money to cover the $1,075 bill. An even smarter move would have been to invest my HSA funds (which I eventually did) and not touch them until age 65. I was relieved when Weiss told me that he also invests his HSA money in a retirement date fund. I asked about how often I should be transferring money from my cash account, where my HSA funds land automatically, to my investment account.

Persons: I've, Brent Weiss, Roth IRAs, HSAs, It's, Weiss, Max, don't, Kathleen Elkins, —, I'm Organizations: Business, Vanguard, IRS Locations: That's, Epsom

☆ Why ultra-Orthodox conscription could threaten Israel’s coalition
▼ + stars: | 2024-03-08 | by ( Mick Krever | ) edition.cnn.com time to read: +10 min

In Israel’s nascent days, Prime Minister David Ben-Gurion agreed with Haredi rabbis to exempt from military service 400 men studying in religious schools, or yeshivas. Now, those piecemeal attempts to maintain the Haredi exemption may be running out. When the government came to power in late 2022, forming the most right-wing coalition in Israel’s history, the Haredim sensed an opportunity. The Israeli military has had a significant number of soldiers wounded in Gaza and has instituted massive call ups. It’s no longer just politics.”A delicate momentSome in the Haredi political leadership, perhaps recognizing the delicate political moment, have been generally cautious in defining a position.

Persons: Benjamin Netanyahu’s, ” Yohanan Plesner, David Ben, Gurion, Israel –, Haredim, Knessets, IDI, Yoav Gallant, ”, Netanyahu, – Benny Gantz, –, ” Gantz, Plesner, ” Moshe Roth, Ofer Shelah, Yitzhak Goldknopf, Ari Kalman, “, doesn’t, Bnei Brak, Roth, Nechemia, it’s, It’s Organizations: CNN, Israel Democracy Institute, IDI, Israel’s, Institute for National Security Studies Locations: Israel, United States, United Kingdom, Gali Baharav, Gaza, Bnei

CNN —Two police stations near Haiti’s National Palace were attacked by armed individuals Friday night, as gang violence in the Caribbean nation’s capital of Port-au-Prince continued to spiral. Armed groups have burned down police stations and released thousands of inmates from two prisons, and Cherizier has warned of “a civil war that will end in genocide” if the prime minister does not step down. A woman cries as she walks near her husband's shop that armed gang members set fire to in Port-au-Prince, Haiti, March 7, 2024. Haiti is a member state, but it is unclear if Haitian Prime Minister Ariel Henry will be at the meeting. CNN has reached out to the Haitian prime minister’s office for comment.

Persons: Prince, Jimmy Cherizier, Ariel Henry’s, Cherizier, Henry, Synapoha, ” Stephane Dujarric, Clarens Siffroy, Sophie Mealier, Pierre Espérance, Ariel Henry, Jim Rogers, Rafy Rivera, Michael Conte, Abel Alvarado Organizations: CNN, Kenya, Kenyan, Haitian, Port, Caribbean Port Services, UN, Getty, Haitian Human Rights Defense Network, CARICOM, Caribbean Locations: Haiti’s, Caribbean, Port, Puerto Rico, Dominican Republic, Prince, Haiti, AFP, Region, Prince’s, Canada, Kingston

☆ Why the recent rallies in bitcoin and gold may be related, according to Wolfe Research
▼ + stars: | 2024-03-08 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

The bitcoin rally was catalyzed by microeconomic factors at the end of 2023, but may have recently fused into the more macroeconomic-fueled gold rally, according to Wolfe Research. On Friday, it hit record highs for a fourth consecutive session. Bitcoin has also been trading at record highs this week, after hitting new all-time highs on both Tuesday and Friday. Additionally, however, "positive factors for bitcoin have lined up over the past year," Stephanie Roth, Wolfe's chief economist, said in a note Thursday. Gold is widely seen as a safe haven asset and inflation hedge, a narrative many also ascribe to bitcoin, sometimes known as "digital gold."

Persons: Bitcoin, It's, Stephanie Roth, bitcoin, Marion Laboure, Michael Bloom Organizations: Wolfe Research, Deutsche Bank, . Deutsche Bank Locations: U.S

CNN —The war in Sudan is “triggering the world’s largest hunger crisis,” with more than 25 million people “trapped in a spiral” of food insecurity, a United Nations agency has warned. The war, which has also created the world’s largest displacement crisis, according to the UN, has left 18 million people “acutely food insecure” in Sudan and millions more in neighboring South Sudan and Chad. “Twenty years ago, Darfur was the world’s largest hunger crisis, and the world rallied to respond. Nearly a year into a war that has sent Sudan to the verge of collapse, the vast majority of its people are going hungry, the UN's World Food Programme says. Armed transfers that must stop,” she said, remarking that the international community “is not doing nearly enough” to address the crisis.

Persons: “, ”, Cindy McCain, –, Abdel Fattah al, Burhan, General Mohamed Hamdan Dagalo, EBRAHIM HAMID, United Nations Linda Thomas, Greenfield, Thomas Organizations: CNN, United Nations, Food Program, UN, Sudan’s Armed Forces, SAF, Rapid Support Forces, WFP “, WFP, Getty, Thomas, West Darfur “ Locations: Sudan, South Sudan, Chad, Darfur, East, Sudan’s, Gedaref, AFP, West Darfur

☆ US asks Haiti’s Prime Minister to ‘move forward’ on political transition amid turmoil
▼ + stars: | 2024-03-06 | by ( Caitlin Stephen Hu | Richard Roth | ) edition.cnn.com time to read: +2 min

CNN —The US has called for “urgent” movement toward a political transition in Haiti, as gangs run amok in the nation’s capital and opposition groups demand Prime Minister Ariel Henry’s resignation. Henry landed in Puerto Rico on Tuesday after days of speculation about his whereabouts. US officials had called Henry mid-flight in an effort to persuade him to step aside in favor of a transitional administration, the report said. Ahead of the meeting, the UN’s High Commissioner for Human Rights Volker Türk urged the international community to “act swiftly and decisively to prevent Haiti’s further descent into chaos.”“This situation is beyond untenable for the people of Haiti,” he said. “We are simply running out of time.”This is a developing story and will be updated.

Persons: Ariel Henry’s, Henry, United Nations Linda Thomas, Greenfield, we’ve, Prince, Henry’s, Jimmy Cherizier, “, ”, Ariel Henry doesn’t, Ariel Henry, ” Cherizier, Volker Türk, Haiti’s Organizations: CNN, Kenyan, Miami Herald, Herald, United Nations, Reuters, Core, UN Security, Human Locations: Haiti, Puerto Rico, Kenya, Caribbean, Washington, Dominican Republic, Dominican, Haitian, Port, United States, Canada, France

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, Nvidia, Super Micro, Honeywell, Target & more
▼ + stars: | 2024-03-06 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Wednesday's biggest calls on Wall Street: Berenberg upgrades Honeywell to buy from hold Berenberg said the industrial conglomerate is well positioned. Roth MKM initiates Aspen Aerogels as buy Roth said it sees a "strong secular opportunity" for the insulation company. HSBC upgrades Target to buy from neutral HSBC said it likes the company's strategy following earnings on Tuesday. " Target's strategy aims to drive long-term sales growth market share gains and improve profitability Deutsche Bank upgrades Target to buy from neutral Deutsche upgraded Target following earnings on Tuesday. Argus initiates Super Micro as buy Argus said it sees "years" of growth for shares of Super Micro.

Persons: Berenberg, Morgan Stanley, Tesla, Roth MKM, Roth, JPMorgan, Wolfe, Evercore, Needham, SMCI Organizations: Honeywell, Barclays, Aspen, HSBC, Target, Deutsche Bank, Deutsche, JPMorgan, BBB, Citi, Madrigal Pharmaceuticals, Motors, RBC, EV, ISI, Bank of America, Google, Apple, Nvidia, NVIDIA, Crinetics Pharmaceuticals, Argus, Super Locations: China, Dominion

☆ You could 'owe huge taxes' next year if you don't make this update, says CFP—how to check if you need to
▼ + stars: | 2024-03-05 | by ( Mike Winters | ) www.cnbc.com time to read: +3 min

If you contribute too little money, you might receive a sizable tax bill you weren't expecting when you file your taxes next year. Take adding dependents, for example: They can lower your tax bill by thousands of dollars if you claim credits like the child tax credit, the child and dependent care credit or the earned income tax credit. "Tax withheld on bonuses and stock compensation is typically — though not always — withheld at a flat 22% for federal taxes," says Carla Adams, a certified financial planner in Michigan. However, those in a higher tax bracket could owe huge taxes." How to check if your tax withholding is on track

Persons: it's, Roth, Michelle Gessner, Carla Adams Organizations: Internal Revenue Locations: Houston, Michigan

☆ I'm a certified financial planner and tax reporter at CNBC. How I tackle my own retirement tax planning
▼ + stars: | 2024-03-04 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +3 min

Now, as a tax reporter for CNBC, I focus on tax strategy all year, including how retirement contribution decisions may affect long-term plans. Pretax vs. Roth retirement contributionsOne of the biggest questions from investors is whether to save money into a pretax or after-tax Roth account. Early in my career, I focused on Roth savings, which made sense with lower income and decades until retirement. I've prioritized my employer match with pretax and Roth 401(k) deferrals, while also making Roth individual retirement account contributions. There's also a small nest egg in my health savings account, which I added to during my years of self-employment.

Persons: Seksan, I've, Ashton Lawrence, Roth, you'll, pretax, There's, JoAnn May Organizations: CNBC, CFP, Mariner Wealth Advisors, Asset Management Locations: Greenville , South Carolina, Berwyn , Illinois

☆ UN team finds ‘convincing’ information that hostages in Gaza were raped
▼ + stars: | 2024-03-04 | by ( Richard Roth | ) edition.cnn.com time to read: +2 min

United Nations CNN —A United Nations team has found “clear and convincing” information that hostages in Gaza were sexually abused, Pramila Patten, the UN special envoy on sexual violence in conflict told reporters on Monday. There are “reasonable grounds” to believe the sexual violence is ongoing, she added. The UN team, which was led by Patten, visited Israel between January 29 to February 14 for a mission “aimed at gathering, analyzing, and verifying information on conflict-related sexual violence” during October 7 and its aftermath, according to a 24-page report. The mission was not able to meet with any victims of sexual violence on October 7 “despite our efforts,” Patten said. But we received information that a handful of them were receiving very specialized trauma treatment and were not prepared to come forward,” she said.

Persons: Pramila Patten, Patten, “, ” Patten, ” Organizations: United Nations CNN, United Nations, UN, Hamas Locations: Gaza, Israel, Al, Aqsa

☆ Here are Thursday's biggest analyst calls: Tesla, Apple, Microsoft, Delta, Disney, Snowflake, Okta, Salesforce & more
▼ + stars: | 2024-02-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +10 min

Goldman Sachs reiterates Salesforce as buy Goldman said it's standing by its buy rating following the company's robust earnings report on Wednesday. "Multiple high-profile catalysts should double revs by FY28 & support an Outperform rating with a $54 PT." "We initiate coverage of Gates Industrial (GTES) with a Buy rating and $21 price target. The more aggressive stance follows a near week long sell-off in COLD shares following 4Q results and initial 2024 guidance." Goldman Sachs reiterates Microsoft as buy Goldman said it's standing by its buy rating after a meeting with Microsoft investor relations.

Persons: Jefferies, Roth, Roth MKM, Morgan Stanley downgrades Snowflake, Morgan Stanley, Goldman Sachs, Salesforce, Goldman, it's, TD Cowen downgrades Macy's, Telsey, TD Cowen, Wells, Needham, " Jefferies, Tesla, Coupang, Baird, Cantor Fitzgerald, Cantor, Gates, Piper Sandler, Piper, Raymond James, William Blair, Gordon Haskett downgrades, Haskett, Frank Slootman's Organizations: Jefferies, Barrick Gold, NEM, UBS, Apple, Mar, Bitdeer Technologies, BTC, Citi, United Airlines, Delta, Delta Air Lines Inc, DAL, Deere & Company, American Airlines Citi, Catalyst Watch, Reliance, Star India, JV, UBS downgrades Republic Services, Downside, RBC, Xenia Hotels, Resorts, Deutsche Bank, Deutsche, Products, Gates, NTR, LXU, UW, Bank of America, underperform Bank of America, Realty Trust, Fidelity, Korn, Microsoft, Macquarie Locations: U.S, China, American's, DIS's, Xenia, Federal, Korea

☆ Wolfe Research's Stephanie Roth: 'We're expecting a soft landing'
▼ + stars: | 2024-02-27 | 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 EmailWolfe Research's Stephanie Roth: 'We're expecting a soft landing'Stephanie Roth, Wolfe Research chief economist, and Michael Schumacher, Wells Fargo head of macro strategy, join 'The Exchange' to discuss the likelihood of a soft-landing, if recent inflation data is a cause for Fed concern, and more.

Persons: Wolfe, Stephanie Roth, Michael Schumacher, Wells Organizations: Wolfe Research Locations: Wells Fargo

☆ Criticism of Israel at Berlin Film Festival Stirs Antisemitism Debate
▼ + stars: | 2024-02-27 | by ( Alex Marshall | ) www.nytimes.com time to read: 1 min

When Yuval Abraham and Basel Adra walked onstage at the Berlin International Film Festival on Saturday night, they had come to talk about more than movies. Abraham and Adra, an Israeli and Palestinian filmmaking team, had just won the festival’s award for best documentary for “No Other Land,” a movie about Palestinian resistance to Israeli campaigns in the occupied territories. It was “very hard,” Adra said, to celebrate the award “when there are tens of thousands of my people being slaughtered and massacred by Israel in Gaza.”He called upon German lawmakers to “stop sending weapons to Israel,” before Abraham called for a cease-fire and an end to Israel’s occupation. The audience, which included the culture minister of Germany, Claudia Roth, applauded loudly, and there were whistles and cheers in the hall.

Persons: Yuval Abraham, Basel Adra, Abraham, Adra, ” Adra, ”, Claudia Roth Organizations: Berlin Locations: Palestinian, Israel, Gaza

☆ Texas man eavesdropping on wife’s phone calls faces criminal charges — and divorce — after $1.76 million insider trading plot
▼ + stars: | 2024-02-26 | by ( Krystal Hur | ) edition.cnn.com time to read: +2 min

New York CNN —A Texas man is facing insider trading charges and jail time after he used information gleaned from eavesdropping on his wife’s work-from-home calls, netting him $1.76 million from an upcoming oil industry acquisition. Loudon purchased 46,450 shares of TravelCenters stock after learning of the impending merger, according to an SEC filing. When the share price popped 71% following the announcement, he sold all of his shares, raking in more than $1.76 million. The SEC’s complaint, filed in the US District Court for the Southern District of Texas, charges Loudon with violating the antifraud components of federal securities laws. She reported the trading to her supervisor and was later terminated from the company, according to the filing.

Persons: New York CNN —, Tyler Loudon, “, Loudon, ”, Eric Werner, “ Mr, Peter Zeidenberg, Roth Organizations: New, New York CNN, The Securities, Exchange Commission, SEC, Fort, Court, Southern, Southern District of, US, Office, CNN Locations: New York, Texas, Houston, Fort Worth, Southern District, Southern District of Texas

☆ Now is the 'perfect time' to check your Social Security benefit, says CFP—even if you're years away from retirement
▼ + stars: | 2024-02-26 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

"Review your 401(k) balance, review your bank balances, review your credit limits, and yes, check on your Social Security Statement." Just create an account on the Social Security Administration's website (you'll have to submit some identifying documents) and download your form. The strategies around timing when to claim Social Security depend on myriad factors. "That way you can look at [your estimated retirement income] in total with your 401(k), Roth IRA and Social Security benefits." Why now's a good time to check your Social Security statement

Persons: Jared Friedman, isn't, aren't, Friedman, you'll, Roth, you've Organizations: Social Security, Redwood Financial, Security, Roth IRA Locations: Scotch Plains , New Jersey

☆ Here are Monday's biggest analyst calls: Nvidia, Alphabet, Salesforce, Arm, CVS, BJ's, Super Micro & more
▼ + stars: | 2024-02-26 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Morgan Stanley reiterates Target at overweight Morgan Stanley stood by its overweight rating on the department store owner. Morgan Stanley reiterates Salesforce as overweight Morgan Stanley said it likes the setup heading into earnings later this week. Morgan Stanley upgrades HashiCorp to overweight from equal weight Morgan Stanley said the software company has a compelling valuation. Morgan Stanley upgrades AvalonBay to overweight from equal weight Morgan Stanley said apartment REIT stocks like AvalonBay are '"cheap for a reason." Morgan Stanley upgrades Sun Country to overweight from equal weight Morgan Stanley said it likes the airline's business model.

Persons: Goldman Sachs, Goldman, Morgan Stanley, Salesforce, Rosenblatt, Jefferies, Amer, Wells, Jane Fraser, Roth MKM, Roth, TD Cowen, TD, DA Davidson, OW, Fannie Mae, KBW, Freddie, Truist, it's, Piper Sandler, Piper, Bentley Organizations: Nvidia, BMO, Apollo, Amer Sports, Citi, Citigroup, Bank of America, KKR, APO, BJ's Wholesale, D.A, Susquehanna, Energy, HSBC downgrades Moderna, HSBC, Moderna, Google, YouTube, " Bank of America, Omega Healthcare, Sun, DuPont's Mobility, JPMorgan, Navy, Bentley Systems Locations: USD75, Asana, ASAN

☆ 3 lessons Gen Zers say they've learned from 'loud budgeting'
▼ + stars: | 2024-02-25 | by ( Allie Kelly | ) www.businessinsider.com time to read: +6 min

The "loud budgeting" trend taking over social media encourages people to be more vocal about saving and spending habits. Loud budgeting is the opposite of "quiet luxury," Battle said, the financial trend that previously favored high-end clothing and understated displays of wealth. AdvertisementThe loud budgeting trend comes as Gen Zers enter the workforce when the cost of living has become more expensive. Loud budgeting is about everyday people, Battle said, and saving money can be "stylish." AdvertisementFifty-six percent of Gen Zers surveyed said potentially missing out on events with friends and family can be a downside of loud budgeting.

Persons: —, Lukas Battle, Gen Zers, Zers, Steph, Den, she's, Emma, Roth Organizations: Service, Business, Bureau of Labor Statistics

☆ BP exec's husband guilty of insider trading $1.8 million, snooped on her calls
▼ + stars: | 2024-02-25 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

The SEC said that Loudon's wife acknowledged occasionally discussing the acquisition with her husband in "normal" married-couple types of conversations. But over the next few months, Loudon, without telling his wife, accumulated 46,450 shares of TravelCenters, according to the U.S. attorney's office. But in March, the Financial Industry Regulatory Authority requested from BP a list of people who were "in the know" about the TravelCenters acquisition before it happened. "Loudon's wife responded that they would." Loudon's wife reported her husband's insider trading to her BP supervisor but she was later fired from the company.

Persons: Tyler Loudon, Alamdar Hamdani, Loudon, Mr, Peter Zeidenberg, Loudon's, Roth, TravelCenters Organizations: BP, Southern District of Texas, Securities and Exchange Commission, CNBC, Authorities, TravelCenters, SEC, Roth IRA, Financial Industry, Authority Locations: Southend, United Kingdom, America, Houston, Southern District, Loudon, Rome, TravelCenters

☆ Elon Musk's problems keep piling up as Tesla's value slides $188 billion this year
▼ + stars: | 2024-02-24 | by ( George Glover | ) www.businessinsider.com time to read: +6 min

The world's richest person has faced problems at Tesla, SpaceX and X, ranging from a tanking Tesla valuation to an X advertiser exodus. Tesla's stock slide has erased about $188 billion from its valuation this year, according to Business Insider's calculations. The stock closed at just under $192, leaving it worth just over $600 billion at the close of trading Friday. Before you start feeling too sorry for Musk, though, he's still worth $208 billion. Justin Sullivan/Getty ImagesDelaware pay rulingTo add insult to injury, a Delaware judge also ruled against Musk's $55 billion Tesla pay package last month.

Persons: —, Elon Musk, Tesla, Seth Goldstein, Morningstar, Roth, Craig Irwin, Warren Buffett's Berkshire Hathaway, Eli Lilly, he's, He's, Elon, Justin Sullivan, Musk, rkbH7mKNw2, Fidelity, Axios, Starlink, Russia's Organizations: Service, Elon, SpaceX, Business, Big Tech, Microsoft, Apple, Nvidia, Meta, Tesla, EV, Bloomberg, Wall, Getty Images Delaware, Musk's, Lone Star, Twitter, Insider Intelligence, X Locations: Delaware, Tesla, Texas, Ukrainian, Chernihiv, Ukraine, Kyiv, Houston

☆ Here are Friday's biggest analyst calls: Rivian, DraftKings, Nio, Fox, Carvana, Pfizer and more
▼ + stars: | 2024-02-23 | by ( Alex Harring | ) www.cnbc.com time to read: +9 min

Here are Friday's biggest calls on Wall Street: UBS double-downgrades Rivian The firm said to sell the electric vehicle maker's stock, joining a growing group of concerned analysts following the company's earnings report. Raymond James upgrades Carvana The investment bank moved Carvana to market perform from underperform following the fourth-quarter earnings results. Guggenheim initiates Pfizer The firm opened coverage of the biopharmaceutical stock with a buy rating and $36 price target. " Rosenblatt initiates Adeia The firm began coverage with a buy rating and $15 price target. Roth MKM initiates CPI Card Group Roth MKM started coverage of the financial technology stock with a buy rating and $40 price target.

Persons: Ross, ROST, Raymond James, EBITDA, 4Q23, Guggenheim, ATNI, Morgan Stanley, Brighthouse, Rosenblatt, Roth MKM, Fred Imbert Organizations: UBS, Barclays, CNBC, Citi, Fox, JV, Ross, Price, Pfizer, DRG, Equitable, JPMorgan, Traction, JPMorgan downgrades Locations: 1Q24, Xperi, 4Q22

☆ I'm a HENRY financial planner who makes $125,000. Here's how I manage my money — and the mistakes I see others making.
▼ + stars: | 2024-02-22 | by ( Jamie Killin | ) www.businessinsider.com time to read: +4 min

This as-told-to essay is based on a conversation with Georgia Lord, a 27-year-old certified financial planner and HENRY in New York City. I have a few financial goalsOne of my financial goals is to save up for the professional designations available in my field since they can be expensive. To reach my savings goals, I automate at least 20% of my paycheck every two weeks and deposit it in a high-yield savings account. For example, some stock market returns might've been 3% last year, but some high-yield savings accounts have a return of 4.5%. That's just as important as putting $100 into the stock market every week.

Persons: HENRY, Georgia Lord, I've, That's, Ally, CapitalOne360, There's, might've, Roth, We're Organizations: Morningstar, Business, Roth IRA, — Locations: Georgia, New York City, Brisbane, Australia, New York

401(k) withdrawal for a home purchase: Is it a good idea? 401(k) withdrawal rules for buying a homeFirst, you'll need to check with your plan administrator to see if early withdrawals are allowed, and under what circumstances. Tax implications of a 401(k) withdrawal for a home purchaseLet's take a closer look at the penalties and taxes you might incur from a 401(k) home purchase withdrawal. 401(k) loan for buying a houseInstead of withdrawing money from your 401(k), you also have the option to take out a loan. 401(k) withdrawal for a home purchase FAQsIs buying a home considered a hardship for 401(k)?

Persons: you'll, —, You'll, doesn't, Roth, you've, Brian Pirri, Pirri, Chase, Homebuyer Grant Organizations: Service, IRS, Roth IRA, Local, Rocket Mortgage Locations: Massachusetts, Chevron

Search resuls for: "Roth"

25 mentions found