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The article was one of a series of reports this year by the news agency on Binance's financial compliance and relationship with regulators across the world. Reuters also asked representatives of the local Binance units and affiliates about their relationship with the main Binance exchange. In Italy, Binance's public corporate filings detail just the unit's capital base and its ownership by a separate Binance company in Ireland. The Italian company, Binance Italy S.R.L., has its listed address in a block of shops and apartments in the southern city of Lecce. Just two of the Binance units analysed by Reuters offer more substantial details in their filings.

☆ Jim Cramer's top 10 things to watch in the market Monday: Stocks, Elon Musk, Amazon
▼ + stars: | 2022-12-19 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

Club holding Amazon (AMZN) price target cut to $150 per share from $170 at Evercore ISI. Piper has an odd number cut on Exxon (XOM), not a Club stock, even though very positive. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Here are Monday's biggest analyst calls: Tesla, Amazon, Netflix, Moderna, Nike, Coinbase & more
▼ + stars: | 2022-12-19 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Monday's biggest calls on Wall Street: Morgan Stanley names Microsoft a top 2023 pick Morgan Stanley said it sees accelerating earnings per share growth for Microsoft in 2023. Morgan Stanley reiterates Netflix as equal weight Morgan Stanley raised its price target on Netflix to $275 per share from $250 but said the valuation has come too far too fast. Telsey names Amazon a top 2023 pick Telsey said the e-commerce giant will continue to gain share in 2023. " Morgan Stanley names Formula One Group a top 2023 pick Morgan Stanley said the company is top beneficiary in the rising popularity of auto racing. Goldman Sachs names SolarEdge a top 2023 pick Goldman said shares of the solar company are attractive heading into next year. "

SYDNEY, Dec 19 (Reuters) - Australian Foreign Minister Penny Wong will visit China this week, Prime Minister Anthony Albanese said on Monday, signalling an improvement in diplomatic relations between Beijing and Canberra. Wong will meet Chinese Foreign Minister Wang Yi and hold the sixth Australia–China Foreign and Strategic Dialogue, coinciding with the 50th anniversary of diplomatic relations between the two countries on Wednesday. It will be the first visit to China by an Australian minister since 2019, and the first formal talks in Beijing between the two nations' top diplomats since 2018. The significance of it is that it's a meeting not in a conference, but a physical meeting in Beijing. read moreAustralian diplomats have previously said Canberra's moves to improve ties with Beijing would not bring a shift in defence policy.

☆ Here are Friday's biggest analyst calls: Apple, Amazon, Meta, Nvidia, Carvana, Delta, Walmart & more
▼ + stars: | 2022-12-16 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Evercore ISI names Apple as a top pick in 2023 Evercore said it sees 2023 as a "moonshot" year for Apple. MKM names Walmart a top 2023 pick MKM said it sees further share gains for Walmart in 2023. " JPMorgan names Eli Lilly a top 2023 pick JPMorgan said Eli Lilly is "best-in-class." Canaccord names Yeti and Traeger top 2023 picks Canaccord says Yeti should hold up well in a recessionary environment. YETI Holdings (YETI : BUY, $58 PT): We believe the core YETI consumer should hold up relatively better in a recession as it skews a bit higher end.

☆ Fiji's ruling party leads provisional count after national election
▼ + stars: | 2022-12-15 | by ( Kirsty Needham | ) www.reuters.com time to read: +3 min

Dec 15 (Reuters) - The ruling Fiji First party led provisional national election results, boosted by a 31.42% vote for Prime Minister Frank Bainimarama, with half of polling stations counted in the Pacific island nation after Wednesday's vote. He is in a tight race against another former coup leader and one-time prime minister, Sitiveni Rabuka, whose People's Alliance Party has formed a coalition with Fiji's oldest political party, the National Federation Party. The provisional result showed Fiji First with 45.88% of votes at 7 a.m. Thursday, ahead of the People's Alliance Party with 32.66% of votes, while the National Federation Party had 9.29% of votes. On Thursday morning, Fiji's election commissioner, Mohammed Saneem, demonstrated to media a "double blind data entry" system being used to avoid errors in the final count. Australia's foreign minister Penny Wong told reporters Fiji's election appeared to have been conducted "peacefully and in an orderly manner".

☆ Fiji national election a tight race in early provisional counting
▼ + stars: | 2022-12-14 | by ( ) www.reuters.com time to read: +4 min

[1/2] Voters queue at a polling station to vote during the Fijian general election in Suva, Fiji, December 14, 2022. Bainimarama is in a tight race against another former coup leader and one-time prime minister, Sitiveni Rabuka, whose People's Alliance Party has formed a coalition with Fiji's oldest political party, the National Federation Party. The election office said result updates were put "temporarily on hold" shortly before 11 p.m., and later said its election results app, used by the public, had errors. Bainimarama's Fiji First supporters campaigned on stability and progress, while the opposition said national debt was too high and questioned the state of democracy, he said. A multinational observer group led by Australia, India and Indonesia includes 90 election observers who are also monitoring the national vote counting centre.

☆ I'm a barber at the World Cup. Superstitious players think a haircut gives them good luck for a game.
▼ + stars: | 2022-12-10 | by ( Jack Needham | ) www.businessinsider.com time to read: +5 min

He's become a favorite of soccer players and has traveled with clients to the World Cup. Edwards is cutting hair for multiple teams, including players who are about to clash on the pitch. The team's players all became my clients. Some players think if I cut their hair before a match, they'll do wellThey're superstitious. This is the wild thing, though — I'm going to be cutting the France players and the England players before the quarterfinal match between them.

☆ Here are Friday's biggest analyst calls: Apple, Tesla, McDonald's, Netflix, Carvana, Microsoft & more
▼ + stars: | 2022-12-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Cowen names Costco a top 2023 pick Cowen said Costco is well positioned in a deteriorating macro environment. " Cowen names Caterpillar a top 2023 pick Cowen said the company is well positioned heading into 2023. Cowen names Netflix a top 2023 pick Cowen said it sees free-cash flow ramping up for Netflix in 2023. Morgan Stanley reiterates Apple as overweight Morgan Stanley said investors should take advantage of any weakness and buy the dip in shares of Apple . Morgan Stanley reiterates Lululemon as overweight Morgan Stanley said the company's fundamentals remain strong after its earnings report on Thursday. "

☆ Here are Thursday's biggest analyst calls: Amazon, Chevron, Chipotle, Lowe's, Hershey, AT&T & more
▼ + stars: | 2022-12-08 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Wall Street's biggest calls on Thursday: Bank of America reiterates Chevron as buy Bank of America said it's standing by its buy rating on the oil and gas giant after it announced its 2023 capital budget on Wednesday. JPMorgan upgrades Vulcan Materials to overweight from neutral JPMorgan said risks for the construction materials company are already priced in. UBS initiates Shopify as sell UBS said it's concerned about increasing competition. UBS upgrades Hershey to buy from neutral UBS said it's becoming bullish on the chocolate and candy maker's long-term growth. Bank of America reiterates Lowe's as buy Bank of America said shares of Lowe's remain attractive.

☆ Stocks making the biggest moves midday: GameStop, Dexcom, Cano Health and more
▼ + stars: | 2022-12-08 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Traders work on the trading floor at the New York Stock Exchange (NYSE) below GameStop signage in New York, August 8, 2022. Check out the companies making headlines in midday trading Thursday. GameStop — Shares of the video game retailer and meme stock jumped more than 8% even after the company reported a wider-than-expected loss for the third quarter. The enterprise artificial intelligence software company reported a loss of 11 cents per share on revenue of $62.4 million. Analysts polled by Refinitiv were forecasting a loss of 16 cents per share on revenue of $60.9 million.

☆ TSMC's customers are willing to support the firm's investments, says analyst
▼ + stars: | 2022-12-07 | 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 EmailTSMC's customers are willing to support the firm's investments, says analystCharles Shi of Needham & Company says TSMC may be moving toward a "dual-hub operation" in the future, but the timing is uncertain.

☆ Australia's Albanese wins industrial relations vote, tougher challenges ahead
▼ + stars: | 2022-12-02 | by ( Kirsty Needham | ) www.reuters.com time to read: +4 min

SYDNEY, Dec 2 (Reuters) - Australia's parliament passed legislation on Friday to reform industrial relations laws, boosting the ability of unions to negotiate with multiple employers and scrapping a construction industry watchdog. The Opposition Liberal party said it would lead to more strikes. "Businesses don't want the ideology," she said, referring to the traditional battlelines drawn between Labor, with its trade union power base, and the Liberal party, over industrial relations. The legislation passed the upper house with the support of the Greens, who said they won amendments from the government to improve parental leave that would benefit women. Legislation for a national Anti-Corruption Commission, a measure to re-establish public trust in politics, passed on Wednesday.

☆ Salesforce shares tumble after surprise exit of co-CEO Taylor
▼ + stars: | 2022-12-01 | by ( ) www.reuters.com time to read: +2 min

[1/2] Bret Taylor, Co-CEO of Salesforce, speaks at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France June 15, 2022. Jefferies analysts said the surprise exit indicated that the "co-CEO model is not working with two departures in three years." Benioff tapped Taylor as co-CEO in 2021, to replace Oracle (ORCL.N) executive Keith Block who stepped down from the role just before the pandemic began. He was previously chief operating officer and chief product officer of the company. "We view this leadership change as a significant blow given his leadership role on product," Needham analysts said in a note.

☆ Shares of CrowdStrike fall after 'disappointing' earnings, Morgan Stanley says buy the dip
▼ + stars: | 2022-11-30 | by ( Ashley Capoot | ) www.cnbc.com time to read: +2 min

CrowdStrike shares fell more than 17% in premarket trading Wednesday, a day after the cybersecurity company reported third-quarter results that said new revenue growth was weaker than expected. More than $198 million was net new ARR added in the quarter, which ended Oct. 31. Last year, CrowdStrike's ARR increased by more than 67% in the third quarter, and the company added 1,607 net new subscription customers for that same period. Analysts at Morgan Stanley also said CrowdStrike's results were "disappointing," but they said estimates did not reflect the current macroeconomic environment. An analyst at Stifel said CrowdStrike's results were "disappointing" and downgraded the stock from buy to hold.

Overseas-based Chinese and their supporters rallied in Sydney, Tokyo, Hong Kong, New York and Toronto, with more protests planned in coming days. Outside the Chinese consulate in New York, hundreds gathered, some waving blank white placards, which have become a protest symbol in China. About 50 mainland Chinese students attended the rally, which was the biggest protest by mainland Chinese in Australia, said Chen Yonglin, a democracy activist who promoted the vigil on social media. "They will try to find out who are the organisers," said Chen, a former Chinese consulate official who defected in 2005. The Chinese embassy in Australia and the education office of the Chinese consulate in Sydney did not immediately respond to a request for comment.

☆ China holds policing discussion with officials of Pacific island nations
▼ + stars: | 2022-11-23 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, Nov 23 (Reuters) - China said it held a video meeting to discuss police cooperation with several Pacific island nations on Tuesday, with at least two nations telling Reuters their ministers and police commissioners were unavailable to attend. read moreThose concerns were first sparked when Solomon Islands struck a security pact with China in April. The video meeting, co-chaired with Solomon Islands Minister of Police Anthony Veke, took place after two powerful earthquakes struck Solomon Islands on Tuesday. A photograph posted to the Twitter account of the Chinese embassy in Fiji showed Veke as the only Pacific islands minister at the video meeting. read moreAt a White House summit in September, the United States pledged to boost aid and step up FBI training for Pacific islands including the Solomon Islands.

☆ Zoom shares down 90% from peak as pandemic boom fades
▼ + stars: | 2022-11-22 | by ( ) www.reuters.com time to read: +2 min

Nov 22 (Reuters) - Shares of Zoom Video Communications Inc (ZM.O) have tumbled about 90% from their pandemic peak in October 2020 as the former investor darling struggles to adjust to a post-COVID world. The stock was down 9% in premarket trading on Tuesday after the company cut its annual sales forecast and posted its slowest quarterly growth, prompting at least six brokerages to cut their price targets. Reuters Graphics"Zoom has a fundamental flaw - it has needed to spend heavily to keep hold of market share. Spending to cling onto, rather than grow, market share is never a good place to be and was a sign of trouble ahead," Hargreaves Lansdown equity analyst Sophie Lund-Yates said. Competition from Microsoft's Teams and Salesforce's Slack has blunt its edgeReporting by Chavi Mehta and Aditya Soni in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.

☆ Asian shares recover but concerns over China may resume strict COVID curbs linger
▼ + stars: | 2022-11-22 | by ( Selena Li | Kirsty Needham | ) www.reuters.com time to read: +3 min

HONG KONG, Nov 22 (Reuters) - Asian stock markets mostly recouped early losses on Tuesday, supported by improved sentiment for China shares, but concerns lingered that Beijing may reimpose strict COVID curbs that could cause supply chain disruptions. The biggest driver for the recovery was China, with its benchmark up 0.43%. Losses on Hong Kong's benchmark index (.HSI) narrowed to 0.7%. Gains in China were capped by worsening COVID-19 situation in the country, however. Japan's benchmark Nikkei average (.N225) rose 0.69%, as the yen's weakness against the dollar raised prospects for domestic manufacturers.

☆ Morning Bid: COVID blues
▼ + stars: | 2022-11-22 | by ( Kirsty Needham | ) www.reuters.com time to read: +2 min

A look at the day ahead in European and global markets from Anshuman Daga:A nationwide spike in COVID-19 cases in China is again the main talking point for weary global markets on Tuesday as Beijing shut parks and museums and more cities resumed mass testing. Last week finance minister Jeremy Hunt announced tax hikes and spending cuts to fix the country's balance sheet and its economic policy reputation after former prime minister Liz Truss's controversial "mini-budget". Brent crude futures steadied at $87.85 a barrel after plunging by more than $5 a barrel to 10-month lows. Still, Brent crude is up 13% so far this year, marking one of the strongest performances in any asset class. Concerns about Genesis follow the collapse of FTX, one of the world's biggest crypto exchanges, which has shattered investor confidence.

☆ The investment case for next-gen trading stocks like Coinbase and SoFi despite crypto contagion
▼ + stars: | 2022-11-22 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +5 min

Nevertheless, crypto trading services such as those offered by Coinbase , SoFi and Robinhood are likely to suffer a lull nevertheless as retail and institutional investors alike exit the market or try and move past their fear of another upheaval. "We are updating our model to reflect a 'lower for longer' assumption, particularly as it pertains to retail trading," Budish said. SoFi in a unique position This week, Democratic senators urged regulators to look into SoFi's trading activity as Washington attempts contemplates acting on FTX's spectacular collapse. SoFi has said its crypto revenue exposure is immaterial, it's compliant with regulators, doesn't do any crypto lending and had no exposure to FTX. However, it's possible that SOFI may find itself more heavily regulated with potential for incremental capital and liquidity requirements."

☆ No tsunami warning for Solomon Islands after 7.0 earthquake off coast
▼ + stars: | 2022-11-22 | by ( Kirsty Needham | ) www.reuters.com time to read: +1 min

SYDNEY, Nov 22 (Reuters) - Authorities in the Solomon Islands said no tsunami warning would be issued after two earthquakes on Tuesday afternoon, including one with a magnitude of 7.0 just off the southwest coast. The Solomon Islands Meteorological Service said there is no tsunami threat to the country, but warned about unusual sea currents in coastal areas. Widespread power outages are being reported across the island and the Solomon Islands Broadcasting said in a statement on Facebook that all radio services were off air. The National Disaster Management Office said it has received reports that people felt the quake but are waiting for reports of damage. Seismology Fiji said the quake did not pose an immediate tsunami threat to the archipelago nation roughly 2,000 km to the southeast.

☆ Analysts cheer Iger's return to Disney; MoffettNathanson upgrades and sees 30% upside
▼ + stars: | 2022-11-21 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Wall Street analysts broadly approved of Bob Iger's return to Disney . MoffettNathanson's Michael Nathanson upgraded Disney to outperform from market perform, and raised his price target, on the news of Iger's return. His $120 price target represents roughly 30.7% upside from Friday's closing price of $91.80. Iger's return comes less than a year after Bob Chapek took the reins as chief executive. Meanwhile, Wells Fargo's Steven Cahall said Iger's return is a "positive surprise," as it is viewed by investors as a catalyst for the stock.

☆ Here's what Bob Iger's return as Disney CEO means for the company's theme parks
▼ + stars: | 2022-11-21 | by ( Samantha Delouya | ) www.businessinsider.com time to read: +3 min

Bob Chapek's tenure as Disney CEO abruptly ended, and Bob Iger will resume the role. A former Parks exec, Chapek angered many theme park fans by jacking up prices and axing free services. Chapek's time at Disney was marked by criticism of his handling of Disney's theme parks and park employees, and many Disney fans took to social media to celebrate Iger's return. He expanded the company's theme park offerings – opening an Avatar world, Toy Story Land, Star Wars: Galaxy's Edge, and Shanghai Disneyland – all while keeping many services comparatively low-cost or free. Not all Disney watchers believe Iger will radically change the direction Chapek had led Disney's theme parks, though.

☆ Nvidia positioned better than its competitors headed in to 2023, says Needham's Rajvindra Gill
▼ + stars: | 2022-11-17 | 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 EmailNvidia positioned better than its competitors headed in to 2023, says Needham's Rajvindra GillNeedham Senior Analyst Rajvindra Gill joins 'TechCheck' to discuss his decision to issue Nvidia a buy rating with a $200 price target, optimistic guidance for Nvidia's gross margins in Q4 and the company's gaming and data center revenue growth expectations.

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