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☆ Celine Dion says she’s broken ribs and struggled to sing with rare stiff person syndrome
▼ + stars: | 2024-06-07 | by ( Lisa Respers France | ) edition.cnn.com time to read: +1 min

CNN —Celine Dion is sharing details about how difficult her life has become as she lives with stiff person syndrome. The spasms can attack different parts of her body, including her abdomen, spine and ribs, she said. “I have broken ribs at one point because sometimes when it’s very severe, it can break some ribs as well,” the Grammy-winner shared. The disorder is “a rare, progressive syndrome that affects the nervous system, specifically the brain and spinal cord,” according to the National Institute of Neurological Disorders and Stroke. That is also the focus of an upcoming documentary, “I Am: Celine Dion,” set to stream on Prime Video on June 25.

Persons: Celine Dion, NBC’s Hoda Kotb, “, ” Dion, ”, Dion Organizations: CNN, National Institute of Neurological Disorders, ”, NBC

CNN published a 2016 surveillance video showing Combs physically assaulting his former girlfriend, singer Cassie Ventura, at the now-closed InterContinental Hotel in Century City, Los Angeles. The Washington, DC-based historically Black college or university said it will disband its scholarship program in Combs’ name. The US Department of Homeland Security’s investigative arm launched a federal probe into Combs and allegations of sex trafficking. Meanwhile, investigators are preparing to bring Combs’ accusers before a federal grand jury in New York, sources familiar with the probe told CNN. Combs recently sold a majority stake in media company and television network Revolt, which he founded in 2013, the company said.

Persons: CNN —, Sean “ Diddy ” Combs, Combs, Sean Combs, “ Mr, Howard, Cassie Ventura, Howard University’s, Ventura, CNN’s Taylor Romine Organizations: CNN, CNN — Howard University’s, Sean Combs Foundation, InterContinental, Bad Boy Records, US Department of Homeland Locations: Century City, Los Angeles, The Washington, DC, Angeles, Miami, New York

☆ Pausing congestion pricing leaves 'very large hole' in NYC MTA's budget, says Lisa Washburn
▼ + stars: | 2024-06-07 | 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 EmailPausing congestion pricing leaves 'very large hole' in NYC MTA's budget, says Lisa WashburnHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Lisa Washburn, Brian Sullivan, “ Organizations: CNBC

Oppenheimer raised its price target on Microsoft to $500 on the potential of increasing AI adoption. Shares of AT & T are up 9% on the year, but analyst Michael Rollins' $20 price target implies that shares could rise another 9%. Analyst Andrew Obin upgraded the Post-it and Scotch parent to buy from neutral and raised his price target by $15 to $120. Analyst Christopher Nardone upgraded the shoe maker to buy from neutral and raised his price target by $16 to $87. Analyst Jay Sole upped his price target on the clothing maker by $14 to $174, now suggesting upside of 43.4%.

Persons: Oppenheimer, Exxon, Neal Dingmann, Dingmann, aren't, — Spencer Kimball, Michael Rollins, Rollins, Lisa Kailai Han, BofA, Andrew Obin, William Brown, Michael Roman, Brown, Obin, — Alex Harring, Christopher Nardone, Nardone, Skechers, Jeffrey Zekauskas, Zekauskas, Huntsman, Benjamin Soff, Soff, Fred Imbert, PVH, Jay Sole, Calvin Klein, Tommy Hilfiger, Sole, Alex Harring, Morgan Stanley, Dara Mohsenian, Mohsenian, Anthony Chukumba, Chukumba, Gavin Parsons, Parsons, Tami Zakaria, Zakaria, Herc, Morgan, Tim Hsiao, Bernstein's Eunice Lee, NIO, America's Ming Hsun Lee, Timothy Horan, Horan, Rob Sanderson, Sanderson Organizations: CNBC, Microsoft, Loop, Exxon, Natural Resources, Citi, AT, VZ, Bank of America, Huntsman, JPMorgan, Deutsche Bank, UBS, Colgate, Palmolive, Loop Capital, UBS shaves, Boeing, Rentals, United Rentals, Herc Holdings, Wall, 3Q, Bank, OpenAI Locations: Truist, Guyana, OPEC, Thursday's, America's

☆ Stocks making the biggest moves midday: Five Below, Salesforce, Lululemon, Instacart and more
▼ + stars: | 2024-06-06 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

For the current quarter, Five Below said it expects between $830 million and $850 million in revenue, while analysts polled by LSEG expected $883 million. The move was made earlier this week and comes just days after the company reported its first revenue miss since 2006. Lululemon issued weak guidance for the current quarter, but its full-year earnings per share guidance was above expectations. The company recorded earnings of $2.66 per share, which is better than the LSEG consensus estimate of $2.33 in earnings per share. The bank cited its earnings per share potential and discounted valuation as reasons for the call.

Persons: LSEG, ValueAct, Mason Morfit, Lululemon, Sprinklr, Smartsheet, Smucker, Goldman Sachs, —, Samantha Subin, Michelle Fox, Lisa Han, Alex Harring Organizations: LSEG, Revenue, Old Dominion, Fluence Energy, Guggenheim, Ultragenyx Pharmaceutical, JPMorgan

☆ Stocks making the biggest moves before the bell: Robinhood, Nvidia, Lululemon, Five Below and more
▼ + stars: | 2024-06-06 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

Five Below told investors to expect between $830 million and $850 million, while analysts polled by LSEG forecasted $883 million. Sprinklr — The business technology stock dove 21.1% in the wake of weak guidance for the current quarter and full year. StoneCo — The financial technology stock rose 2.6% following an upgrade to overweight from neutral by JPMorgan . Ultragenyx Pharmaceutical — The biopharma stock added nearly 4% following an upgrade to buy from neutral at Goldman Sachs. Shopify — The e-commerce technology stock slipped 1.6% on the back of a MoffettNathanson downgrade to neutral from buy.

Persons: Goldman Sachs, Smartsheet, LSEG, Sprinklr, Mizuho, there's, StoneCo, CH Robinson, Goldman, ISI's, Shopify, Guggenheim, —, Jesse Pound, Michelle Fox, Lisa Kailai Han Organizations: Nvidia, LSEG, Revenue, Mizuho, JPMorgan, Ultragenyx Pharmaceutical, Goldman, eBay, Citi, UBS, BMO Capital, BMO, Viridian Therapeutics, ISI, Energy Locations: Americas

☆ Opinion: Graceland still embodies Elvis Presley and the American Dream
▼ + stars: | 2024-06-06 | by ( Opinion Michael T. Bertrand | ) edition.cnn.com time to read: +8 min

CNN —The recent and bizarre attempt to wrest control of Graceland, the Memphis, Tennessee, home of the late Elvis Presley, set off a number of red flags. But Elvis represents something different from Gilded Age robber barons such as Rockefeller and Carnegie, whose American Dream was fundamentally about the accumulation of wealth. “Seems we was always in debt,” recalled Gladys Presley, Elvis’s mother. Fans walk by the entrance to Graceland, the home of Elvis Presley, on August 14, 2007, in Memphis, Tennessee. Immediately after moving into Graceland, Elvis, the ultimate consumer, began renovations.

Persons: Michael T, Bertrand, ”, Elvis Presley, Presley, Elvis, Priscilla, Lisa Marie, Riley Keough, —, John D, Rockefeller, Andrew Carnegie, Ida Harris, Gladys Presley, Elvis’s, “, ” Stephen Galvin, Joe Raedle, Gladys, throwed, Stan Honda, Horatio Alger, Graceland, Andrew Carnegie’s Organizations: Tennessee State University, CNN, Rockefeller, Carnegie, Getty, White Locations: Memphis , Tennessee, East Tupelo , Mississippi, Memphis, United States, Bluff City, Bryan , Texas, Graceland, AFP, drawl, Hollywood, Las Vegas, New York, Manhattan, America

☆ Stocks making the biggest moves premarket: Hewlett Packard Enterprise, Instacart, CrowdStrike and more
▼ + stars: | 2024-06-05 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Hewlett Packard Enterprise — The technology stock climbed 15% after Hewlett Packard reported stronger-than-expected results for its fiscal second quarter. Dollar Tree — The discount retailer slipped 2% after reporting first-quarter results that were in line with analysts' expectations, according to LSEG. PVH — Shares slipped more than 1% after the luxury clothing brand owner announced that Martijn Hagman, CEO of Tommy Hilfiger Global and PVH Europe, would be leaving the company. PVH also reported a first-quarter earnings and revenue beat and raised its full-year earnings guidance. Instacart — Shares of the e-commerce company rose nearly 2% after an upgrade to buy from hold at research firm Gordon Haskett.

Persons: CrowdStrike, LSEG, Hewlett Packard, Rick Dreiling, PVH, Martijn Hagman, Tommy Hilfiger, Nio, Roaring Kitty, Tom O'Malley, Gordon Haskett, Hanesbrands, —, Jesse Pound Organizations: Hewlett Packard Enterprise, PVH, Reuters, AMC Entertainment, GameStop, Materials, KLA, Barclays, Taiwan Semiconductor Manufacturing, Authentic Brands Locations: PVH Europe, China

☆ Stocks making the biggest moves midday: CrowdStrike, GameStop, Dollar Tree, Nvidia and more
▼ + stars: | 2024-06-05 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Check out the companies making headlines in midday trading: CrowdStrike — The cybersecurity company popped 9% after posting a strong outlook and a first-quarter results beat. Dollar Tree — Shares of the discount retailer fell more than 4% after second-quarter guidance came in below expectations. Dollar Tree said it expected between $1 and $1.10 in adjusted earnings per share, while analysts surveyed by FactSet had penciled in $1.19 per share. Verint reported adjusted earnings of 59 cents per share on revenue of $221.3 million in the first quarter. Analysts surveyed by LSEG had anticipated just 54 cents in earnings per share and $214.5 million in revenue.

Persons: CrowdStrike, LSEG, FactSet, Kerrisdale, Brown, Forman, Verint, Tommy Hilfiger, PVH, Fadi Chamoun, Goldman Sachs, Goldman, KeyBanc, Lisa Kailai Han, Pia Singh, Yun Li, Sean Conlon, Jesse Pound, Samantha Subin Organizations: Hewlett Packard Enterprise, GameStop, AMC, Kerrisdale, FactSet, SAP, Archer Aviation, Federal Aviation Administration, Systems, Materials, KLA, Barclays, Taiwan Semiconductor Manufacturing, Authentic Brands, Old Dominion, BMO Capital Markets, Nvidia, America's, Jazz Pharmaceuticals Locations: China

☆ Goldman Sachs says buy this biotech stock with more than 60% upside
▼ + stars: | 2024-06-05 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

It's time for investors to buy the dip on Jazz Pharmaceuticals , according to Goldman Sachs. The investment bank initiated coverage of the pharmaceuticals stock with a buy rating, setting a 12-month price target of $169. Jazz Pharmaceuticals has slipped 15% this year. Indeed, investors have grown concerned over Jazz's potential loss of exclusivity and rising competition regarding oxybates, which reduces daytime sleepiness. An additional catalyst comes in the form of Vision 2025, Jazz's strategic initiative launched in January 2022 to target $5 billion in revenue from 2025.

Persons: Goldman Sachs, Andrea Tan, Tan Organizations: Jazz Pharmaceuticals

☆ 1,000 workers at one car factory in China were told to either quit or sit around on minimum wage until the market picks up again: Nikkei
▼ + stars: | 2024-06-05 | by ( Meghan Morris | ) www.businessinsider.com time to read: +1 min

Li Auto workers are facing layoffs or minimum wage due to weak electric vehicle sales. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAs China grapples with manufacturing overproduction, some workers at one of China's auto plants face a difficult choice about their jobs. Newlywed Lisa told Nikkei on Tuesday that in her brand-new factory for Li Auto, more than 1,000 employees like her were given the choice of either quitting or receiving minimum wage until business improves.

Persons: —, Newlywed Lisa, Lisa Organizations: Li Auto, EV, Service, Nikkei, Business Locations: China

☆ Live Updates: Hunter Biden’s Former Partners Describe the Toll of His Drug Abuse
▼ + stars: | 2024-06-05 | by ( Eileen Sullivan | Glenn Thrush | ) www.nytimes.com time to read: +3 min

forward — rose in a Delaware courtroom to declare that the Justice Department’s sweeping immunity deal with Hunter Biden was not nearly as sweeping as the defense believed. His transfer coincided with efforts by congressional Republicans to portray Mr. Weiss — a Trump appointee held over by President Biden’s aides — as offering “a sweetheart deal” to the Bidens. In early 2023, he published a memoir covering the police trial, describing himself as “the prosecutor who took down Baltimore’s most crooked cops.”Mr. But he was passed over because it was believed he might clash with prosecutors in the U.S. attorney’s office in Washington, they said. Ms. Monaco eventually chose another prosecutor from Maryland, Thomas P. Windom, to run the team.

Persons: — bespectacled, Department’s, Hunter Biden, Leo J, Wise, “, . Wise, Biden, Biden’s, David C, Weiss, Mr . Wise, —, ”, Catherine Pugh, ” Mr, Philip Morris, Kathryn Ruemmler, Barack Obama’s, Lisa O, Donald J, Monaco, Thomas P, Windom Organizations: Trump, Baltimore U.S, Harvard Law, Navy Reserve, Justice Department, Enron, Capitol, Monaco Locations: Delaware, Baltimore, Los Angeles, U.S, Wilmington, Washington, Maryland

☆ How a humble Indian fabric became a symbol of luxury in 1960s America
▼ + stars: | 2024-06-05 | by ( Christy Choi | ) edition.cnn.com time to read: +9 min

But this staple of preppy American fashion has humble origins, far from Martha’s Vineyard or the hallways of Yale or Harvard, in Chennai, India, the coastal city from which it takes its name. Krishnan Nair,” a biography of the Indian textile magnate and hotelier who first sold Jacobson the madras, in a video interview with CNN. From Chennai to shores of the CaribbeanFort St. George was established in the 1630s, helping the British cement a monopoly on the highly lucrative Indian textile industry. Research by the London School of Economics estimates that Indian cotton textiles, which were often exchanged for slaves, accounted for 30% of the total export value of 18th century Anglo-African trade. A madras fabric weaving workshop in Chennai, the Indian city once known as Madras, circa 1990.

Persons: Lisa Birnbach’s “, Ralph Lauren, Brooks, William Jacobson, ”, Bachi Karkaria, Captain C.P, Krishnan Nair, Jacobson, Tony Cenicola, Karkaria, — Nair, “, ’, David Ogilvy, Leonard McCombe, Nair, Ogilvy, Elihu Yale, George, Hathaway, India Madras ”, Eli Yale, King George I, Hathaway Yale, Yale, Kai Toussaint Marcel, Marcel, Tommy Hillfiger, Kimberly M, Jenkins, Patrick Horvais, madras “ Organizations: CNN, Brooks Brothers, Yale, Harvard, New York Times, Milton Academy, madras, Ivy League, East, Yale College, Yale University, Yale . Yale, East India Company, Metropolitan Museum of Art, Parsons School of, London School of, Princeton, Miss College, Sports Locations: madras, Bahamas, Chennai, India, Madras, West Africa, Milton , Massachusetts, superstardom, East India, Fort St, India Madras, Scottish, North Africa, Nigeria, America, Caribbean, St, West Indies, England, France, New Orleans, East Coast, Bermuda, madras Bermuda, Rhode Island, Newport, South Florida, Palm, Fisher

☆ People are exiting the stock market in droves
▼ + stars: | 2024-06-05 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

The US stock market is shrinking, and investors are pulling their money out at a near-record pace as storm clouds gather over the US economy. A shrinking market: The stock market isn’t the economy (for the most part). Fear is currently driving the US market, according to CNN’s Fear and Greed Index. “We really need to consider: Is this the outcome we want?”CEOs are making almost 200 times what workers areCEOs raked in fat pay packages last year as the US stock market boomed, reports my colleague Matt Egan. Economists were expecting job openings to register 8.36 million, according to FactSet estimates.

Persons: ”, Morgan Stanley, Lisa Shatlett, We’ve, Torsten Slok, Jamie Dimon, Dimon, “, Matt Egan, Bosses, Alicia Wallace Organizations: CNN Business, Bell, New York CNN, titans, Bank of America, Morgan Stanley Wealth Management, Federal, Dow, Apollo Global Management, Privately, JPMorgan, Associated Press, Workers, Bureau of Labor Statistics ’, Labor, Federal Reserve Locations: New York, Nantucket, That’s

☆ These 38 GOP senators just voted against protecting contraception. Here's why.
▼ + stars: | 2024-06-05 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Read previewThe Senate failed on Wednesday to advance a bill designed to protect access to contraceptives nationwide. Just two Republican senators — Susan Collins of Maine and Lisa Murkowski of Alaska — voted with Democrats to advance the bill. Advertisement"Do people really think that even a significant minority of the Republican conference is against access to contraception?" AdvertisementBut still — if Republicans aren't against contraception, why won't they just vote for the bill? Glenn Youngkin of Virginia vetoed a bill to protect access to contraception, arguing that it violated principles of religious freedom.

Persons: —, — Susan Collins of, Lisa Murkowski, Alaska —, Chuck Schumer, Republican Sen, Thom Tillis, — Schumer, it's, Tillis, Griswold, Roe, Wade, Clarence Thomas, They've, James Lankford, Lankford, Sen, Rick Scott of, Glenn Youngkin, John Barrasso of, John Barrasso of Wyoming Marsha Blackburn of Tennessee John Boozman, Arkansas Ted Budd of, Carolina Shelley Moore Capito, West Virginia Bill Cassidy, Louisiana John Cornyn, Texas Tom Cotton, Arkansas Kevin Cramer of, Arkansas Kevin Cramer of North Dakota Mike Crapo, Idaho Ted Cruz of, Idaho Ted Cruz of Texas Steve Daines, Montana Joni Ernst, Iowa Deb Fischer, Nebraska Chuck Grassley, Josh Hawley, Missouri John Hoeven of, Missouri John Hoeven of North Dakota Cindy Hyde, Smith, Mississippi Ron Johnson, Wisconsin James Lankford, Oklahoma Mike Lee, Utah Cynthia Lummis, Wyoming Roger Marshall of Kansas Mitch McConnell, Kentucky Markwayne Mullin, Oklahoma Rand Paul of Kentucky Pete Ricketts, Nebraska Jim Risch, Idaho Mike Rounds, South Dakota Marco Rubio, Eric Schmitt, Missouri Rick Scott, Florida Tim Scott of, Florida Tim Scott of South Carolina John Thune of, Florida Tim Scott of South Carolina John Thune of South Dakota Thoms Tillis, North Carolina Tommy Tuberville, Alabama Roger Wicker, Mississippi Todd Young, Mike Braun, Indiana Katie Britt, Alabama Lindsey Graham of, Alabama Lindsey Graham of South Carolina Bill Hagerty, Tennessee John Kennedy, Louisiana Jerry Moran of, Louisiana Jerry Moran of Kansas Mitt Romney, Utah Dan Sullivan, Alaska JD Vance, Ted Budd Organizations: Service, Nine Republicans, Democratic, Republican, Business, Republicans, GOP, Oklahoma Republican, Democrats, Republican Gov, Arkansas Kevin Cramer of North, Nebraska, Kentucky, Oklahoma, South, Florida Tim Scott of South Carolina John Thune of South Dakota, North, Alabama Lindsey Graham of South Locations: — Susan Collins of Maine, Alaska, North Carolina, . Connecticut, James Lankford of Oklahoma, Oklahoma, Rick Scott of Florida, Virginia, John Barrasso of Wyoming, Arkansas, West, Louisiana, Texas, Arkansas Kevin Cramer of North Dakota, Idaho, Idaho Ted Cruz of Texas, Montana, Missouri, Missouri John Hoeven of North Dakota, Mississippi, Wisconsin, Utah, Wyoming, Nebraska, South Dakota, Florida, Florida Tim Scott of South Carolina, Florida Tim Scott of South Carolina John Thune of South, Alabama, Indiana, Alabama Lindsey Graham of South Carolina, Tennessee, Louisiana Jerry Moran of Kansas, Ohio

☆ Senate GOP blocks bill to guarantee access to contraception
▼ + stars: | 2024-06-05 | by ( Clare Foran | Ted | ) edition.cnn.com time to read: +5 min

CNN —Senate Republicans voted Wednesday to block a bill put forward by Democrats that would guarantee access to contraception nationwide, as Democrats seek to highlight the issue in the run up to November’s elections. Lisa Murkowski and Susan Collins crossed over to vote with Democrats in favor of advancing the bill. Katie Britt and Ted Cruz introduced a bill called the IVF Protection Act in May, and Republican Sen. Joni Ernst has put forward a separate bill to promote access to contraception. “We will have an alternative that will make very clear that Republicans are for contraception,” Senate GOP Whip John Thune said. Ahead of the vote on the Democrat-led bill, Ernst attempted to pass her alternative contraception bill by unanimous consent, but the request was blocked by Democrats.

Persons: Lisa Murkowski, Susan Collins, Schumer, It’s, GOP Sen, John Cornyn, …, Roe, Wade, –, “, Chuck Schumer, ’, ”, Illinois Democratic Sen, Tammy Duckworth, Katie Britt, Ted Cruz, Republican Sen, Joni Ernst, John Thune, Ernst, Democratic Sen, Patty Murray, Britt, Murray, Democratic Sens, Ed Markey, Mazie Hirono, Duckworth, CNN’s Brenda Goodman Organizations: CNN, Republicans, GOP, “, Democratic, state’s, Illinois Democratic, Republican, Democrat, US Food and Drug Administration, Health, Education, Labor, Women’s Freedoms Locations: Texas, Alabama, implanting

☆ G.O.P. Blocks Contraception Bill in Senate as Democrats Seek Political Edge
▼ + stars: | 2024-06-05 | by ( Annie Karni | ) www.nytimes.com time to read: +1 min

Senate Republicans on Wednesday blocked action on legislation to codify the right to contraception access nationwide, a bill Democrats brought to the floor to spotlight an issue on which the G.O.P. is at odds with a vast majority of voters. All but two Republicans present — Senators Lisa Murkowski of Alaska and Susan Collins of Maine — voted against advancing the legislation. “This should be an easy vote,” Senator Patty Murray, Democrat of Washington, said on the Senate floor ahead of the vote. “It almost shouldn’t be necessary.”But Ms. Murray said that Republican lawmakers have made it so by seeking to advance anti-abortion legislation that could limit access to contraceptives like Plan B and IUDs.

Persons: Lisa Murkowski, Susan Collins, Maine —, Patty Murray, Murray Organizations: Democrat, Republican Locations: Alaska, Washington

☆ Massachusetts probes Keith Gill: Can a market manipulation case be made?
▼ + stars: | 2024-06-05 | 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 EmailMassachusetts probes Keith Gill: Can a market manipulation case be made? Lisa Braganca, former branch chief in the enforcement division of the Chicago SEC, joins 'Squawk Box' to discuss news of Massachusetts' top securities regulators opening an investigation into the activities of Keith Gill, also known as 'Roaring Kitty', whether a market manipulation case can be made, and more.

Persons: Keith Gill, Lisa Braganca, Kitty Organizations: Massachusetts, Chicago SEC Locations: Massachusetts

☆ Mizuho's top June contrarian picks, where research firm is more bullish than the rest of Wall Street
▼ + stars: | 2024-06-04 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Of those seven stocks, Mizuho said its investment rating on Lowe's and PayPal were also above the Street consensus. Mizuho analyst David Bellinger's $280 price target implies that the stock could rally 29% from its Monday closing price. "We view Lowe's as decisively well-positioned as home improvement demand recovers and unleashes outsized, double-digit earnings expansion in the process," the analyst wrote. Similarly, financial technology platform PayPal has risen only about 4% this year, leaving its valuation "compelling" at current prices, according to Mizuho analyst Dan Dolev. Dolev's $90 price target is 42% above the stock's current price.

Persons: Mizuho, David Bellinger's, Lowe's, Bellinger, Dan Dolev, Dolev, Dolev's, Siti Panigrahi's, Panigrahi, — CNBC's Michael Bloom Organizations: Mizuho Securities, Stocks, Dow Jones, Nasdaq, Wall Street, PayPal, Home, Oracle, Nvidia, Oracle Cloud Infrastructure Locations: Mizuho

Shares of Logitech are up 2% on the year and could rally another 17%, if Scemama's target price holds true. Analyst Kristine Liwag accompanied the move by raising her price target to $225 from $178. The bank reiterated its overweight rating on the credit card stock but lifted its price target to $275 from $265. International revs should run above the 10%+," the analyst added. Goldman analyst Tina Hou set a 12-month price target of $34, while Bank of America analyst Ming Hsun Lee set a price objective of $35.

Persons: Bernstein, Goldman Sachs, Goldman, TZE, Brian Lee, Lee, — Spencer Kimball, Didier Scemama, Scemama, — Lisa Kailai Han, Morgan Stanley, Kristine Liwag, Heico's, Liwag, Stanley Black, Decker, Julian Mitchell, Mitchell, Wells, Wells Fargo, Donald Fandetti, Fandetti, Canaccord, Kingsley Crane, Crane, Oppenheimer, Jed, Kelly foresees, FanDuel —, Kelly, Zeekr, Tina Hou, Ming Hsun Lee, Hou, Stacy Rasgon, Rasgon, Fred Imbert Organizations: CNBC, Broadcom, Bank of America, Investors, Technologies, Department of Energy, Logitech, Boeing, Barclays, Stanley, Nvidia, American, Express, American Express, U.S . American Express, Wall, Zeekr, China EV, China, Geely Automobile, AMD Locations: Monday's, EU, U.S, China, BofA

☆ I accidentally bought a counterfeit backpack on Amazon. Now, I know how to avoid sneaky fake products.
▼ + stars: | 2024-06-04 | by ( Lisa Galek | ) www.businessinsider.com time to read: +4 min

Read previewWhile doing back-to-school shopping for my kids in August 2022, I purchased a black JanSport backpack on Amazon. Many Amazon sales come from third-party sellers, which can be hard to vetOver 60% of Amazon's sales come from independent third-party sellers. AdvertisementAn Amazon representative told Business Insider the company has "proactive measures in place to prevent counterfeit products from being listed and continuously monitor[s] our store." When I realized my JanSport was counterfeit, I contacted the seller through Amazon to request a refund. Lastly, buyers can also report counterfeit products to Amazon Customer Service.

Persons: —, I've, they've, Sellers Organizations: Service, Business, Amazon, Amazon Customer Service

☆ A Wisconsin mom of 3 who made $250,000 secretly working 2 remote jobs said it allowed her husband to leave a stressful job and become a stay-at-home dad
▼ + stars: | 2024-06-04 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

For 18 months between 2020 and the end of 2021, Lisa secretly worked one fully remote job and a second hybrid job. When pandemic conditions eased, she thought her fully remote employer would pivot to a hybrid work schedule — and managing two hybrid jobs seemed impossible. Advertisement"It was a good career move at a time when I thought that remote work was going to disappear," she said. Lisa said she'd consider job juggling again if she could find two fully remote jobs that checked most of her boxes. AdvertisementAre you working multiple remote jobs at the same time and willing to provide details about your pay and schedule?

Persons: —, Lisa, who's, they'll, who've, It's, Lisa didn't, she'd Organizations: Service, Business, Bureau of Labor Statistics Locations: Wisconsin

☆ Stocks making the biggest moves midday: Bath & Body Works, Carnival, GameStop and more
▼ + stars: | 2024-06-04 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: Bath & Body Works — Shares of Bath & Body Works sank nearly 13% and headed for their worst day since 2021. Bath & Body Works expects earnings to range between 31 cents and 36 cents a share, behind a FactSet estimate of 38 cents in earnings per share. Saia — The freight company popped 6.7% after it posted higher less-than-truckload shipments per workday for April and May compared to a year earlier. Shares of BP and Exxon Mobil fell around 2.3% and 1.6%, respectively, while Diamondback Energy and Chevron shares fell nearly 1%. Stanley Black & Decker — The industrials stock fell about 3.7% after Barclays downgraded the stock to equal weight from overweight.

Persons: Keith Gill, Goldman Sachs, TZE, Goldman, Stanley Black, Decker, Julian Mitchell, Oppenheimer, Jed Kelly, —, Samantha Subin, Michelle Fox, Yun Li, Pia Singh, Lisa Han Organizations: Body, O Cruises, Carnival Cruise, GameStop, Street, Trade, Dominion Freight, Technologies, Energy, BP, Exxon Mobil, Diamondback Energy, Chevron, Barclays

☆ These restaurants are taking the lead on AI and robots. What it means for their stocks
▼ + stars: | 2024-06-04 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +11 min

Restaurants have traditionally lagged behind other sectors in their adoption of technology, but rising labor costs have changed the narrative. Major food industry players are making strides to invest in innovation, including AI and robotics. While it is still early days, analysts have already identified some companies that are taking the lead. YUM YTD mountain Yum Brands shares year to date Robots peeling avocados, mixing salads The use of robotics in restaurants is at its nascence. Chipotle, Sweetgreen and Cava partially have an advantage due to the nature of their products, which offer customers a bowl of mixed ingredients as an end order.

Persons: Bernstein, Danilo Gargiulo, Gargiulo, Morgan Stanley, Brian Harbour, Payne Capital Management Courtney Garcia, Rahul Krotthapalli, They've, Courtney Garcia, Garcia, Payne, Piper Sandler, Chipotle Organizations: Wall, CNBC, Google, Payne Capital Management, Starbucks, JPMorgan, Yum Brands, KFC, Taco Bell, Systems, Collider Lab Locations: Cava, Chipotle, Sweetgreen

☆ Transplanted Pig Kidney Is Removed From Patient
▼ + stars: | 2024-06-04 | by ( Roni Caryn Rabin | More About Roni Caryn Rabin | ) www.nytimes.com time to read: 1 min

Surgeons removed the kidney of a genetically engineered pig from a critically ill patient last week after the organ was damaged by inadequate blood flow related to a heart pump that the woman had also received, according to officials at NYU Langone Transplant Institute. The patient, Lisa Pisano, 54, who is still hospitalized, went back on kidney dialysis after the pig’s organ was removed. She lived with the transplanted organ for 47 days, Dr. Robert Montgomery, director of the institute, said. The kidney showed no signs of organ rejection. “Lisa is in stable condition, and her left ventricular assist device is still functioning,” Dr. Montgomery said, referring to the heart pump.

Persons: Lisa Pisano, Robert Montgomery, “ Lisa, Dr, Montgomery, Lisa, ” Organizations: NYU Langone Transplant

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