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☆ Samsung's quarterly profit set to hit 6-year low as consumers hunker down
▼ + stars: | 2023-01-05 | by ( Joyce Lee | ) www.reuters.com time to read: +3 min

Samsung, as the world's biggest maker of memory chips, smartphones and TVs, is a bellwether for global consumption trends. That would be Samsung's lowest quarterly profit since the third quarter of 2016 and compares with an operating profit of 13.87 trillion won a year earlier. Operating profit for Samsung's chip business likely tumbled by 78% to 1.9 trillion won, an average of seven analyst estimates showed. It had about 128.82 trillion won ($100.83 billion) in cash as of end-September. Samsung's mobile business is also expected to see profits shrink, with forecasts calling for a 14% fall to 2.3 trillion won for the quarter.

☆ Samsung Q4 earnings guidance preview: Memory prices to weigh on profit
▼ + stars: | 2023-01-05 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Samsung has faced pressure from plunging memory prices which has impacted its key profit driving DRAM and NAND business. Samsung's profit could nosedive when it reports fourth-quarter earnings guidance this week as prices for key memory chips continue to plunge amid weak demand. That would be a near 50% fall versus the fourth quarter of 2021. The pessimism stems from a rapid fall in memory prices. NAND and DRAM prices fell sharply in the fourth quarter due to a lack of demand for the products they eventually go into, such a PCs.

☆ Wall Street expects robust gains for these 10 Club stocks in 2023
▼ + stars: | 2023-01-03 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

After recently highlighting Club holdings that analysts tapped as their top picks for 2023, we wanted to take the Street's temperature on our stocks in a different way. Humana Percentage of analysts with a buy/overweight rating: 80% Upside to average price target: 19.5% Humana is the only Club holding besides Halliburton to post share gains in 2022 and land on Tuesday's top-10 screen. Salesforce Percentage of analysts with a buy/overweight rating: 78% Upside to average price target: 47.2% Add Salesforce to the list of beaten-up tech stocks that most analysts expect to recover in 2023. Advanced Micro Devices Percentage of analysts with a buy/overweight rating: 76% Upside to average price target: 35.7% Of the 10 stocks on this list, AMD saw the biggest decline in 2022. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

"Lizzo: Live in Concert" showcases the award-winning artist performing on stage during her "Special" tour. "Lizzo: Live in Concert" is a new music special set to stream exclusively on HBO Max. Check out the trailer for 'Lizzo: Live in Concert'"Lizzo: Live in Concert" was filmed in November 2022 at the Kia Forum in Inglewood, CA. How to watch 'Lizzo: Live in Concert'You can watch "Lizzo: Live in Concert" on HBO Max starting December 31. Though HBO Max doesn't offer a free trial directly, you can watch "Lizzo: Live in Concert" for free if you sign up for HBO Max through Prime Video.

☆ Chip stocks did badly this year — but this fund manager is still bullish, naming 2 to buy
▼ + stars: | 2022-12-30 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

The PHLX Semiconductor Sector Index is down nearly 37% year to date. Producing electric vehicles, for instance, involves using a lot more semiconductors, Gleeson noted. Another semiconductor firm he likes is U.S.-based Lattice Semiconductor , which is focusing more on the autos industry. Gleeson isn't the only one who's optimistic on the chip sector. Several Wall Street pros are also urging investors to take a longer-term view on the sector , given the importance of the semiconductor chip in several key secular trends.

☆ Baird's top stock picks for 2023 include Tesla and this favorite retailer
▼ + stars: | 2022-12-29 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Tesla shares have come under selling pressure this year in the wake of Elon Musk's takeover of Twitter . News of an extended shutdown at its factory in Shanghai pushed down Tesla shares by more than 11% on Tuesday. Tesla stock has plunged about 69% this year and is on pace for its worst month, quarter and year ever. The brand's position as a leading specialty fragrance retailer, with consistent product replenishment cycles, should stabilize demand even in a downturn, wrote analyst Mark Altschwager. But that premium is justified given Chipotle's positioning for solid EPS gains and double-digit revenue growth over time, wrote analyst David Tarantino.

☆ UBS reveals its top semiconductor picks for 2023
▼ + stars: | 2022-12-29 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Once high-flying semiconductor stocks suffered in 2022, but UBS is betting on these names in the new year. The chip sector suffered as demand for consumer products like PCs and smartphones dwindled, and supply constraints weighed on production. Those issues are far from over, but UBS views some stocks as better positioned to ride out the new year. "Nonetheless, we are bullish on semiconductor stocks for 2023 — expecting stock momentum to really build into CQ2 and 2H:23 before the ISM likely bottoms late in the year." The chip stock, commonly known for its PC and server chips, made history this year as it surpassed its rival Intel in market capitalization .

☆ The Nasdaq had its worst year since 2008. These are the best and worst performers and what to expect in 2023
▼ + stars: | 2022-12-27 | by ( Samantha Subin | ) www.cnbc.com time to read: +9 min

2022 brought an end to an impressive bull run for technology — and the worst year for the Nasdaq Composite since 2008. Energy stocks, meanwhile, found favor in investors' portfolios, as did healthcare and financials. Given this outlook, CNBC examined some of the worst and best-performing stocks in the Nasdaq 100 this year. Energy stocks Energy won 2022, benefitting from volatile oil prices triggered by the war in Ukraine. Meta Platforms was the worst-performing FAANG name, and one of the poorest-performing Nasdaq stocks.

☆ Micron's weak results indicate Nvidia, AMD and Qualcomm are not out of the woods yet
▼ + stars: | 2022-12-23 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

But based on what Micron had to say, we're not expecting to see shares of Nvidia, AMD and Qualcomm take off yet. Micron's PC forecast is in line with those from Intel (INTC) and other third-party estimates, Wells Fargo said in a note to clients. Data center/cloud In general, data center chips have been relatively resilient compared with the weakness in consumer-focused areas like PCs and mobile phones. But as concerns mount about a potential recession, there's been concerns that data center could be the next shoe to drop. As mentioned, our investment thesis in Nvidia and AMD rests largely on the long-term growth of their data center businesses.

☆ The managers of two of the best stock funds of 2022 told us about the 3 highest-conviction names in their portfolios
▼ + stars: | 2022-12-23 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

Together, they run two of the highest-returning stock funds of 2022. BNY Mellon fund managers John Bailer and Brian Ferguson have done well at avoiding those sorts of traps. Bailer runs a dividend-focused stock fund that's returned 12% a year for investors over the last decade and earned a four-star rating, according to Morningstar. In a joint interview, Bailer and Ferguson told Insider about a couple of current favorites from across their portfolios. (3) Berkshire Hathaway (BRK.A)Warren Buffett is a legendary value investors himself, of course, and his Berkshire Hathaway conglomerate is a favorite for a lot of investors.

☆ Air travellers warned of delays as UK passport control staff strike
▼ + stars: | 2022-12-23 | by ( ) www.reuters.com time to read: +2 min

[1/5] Members of the Public and Commercial Services (PCS) Union take part in a border force workers strike action near Heathrow Airport, in London, Britain December 23, 2022. The Public and Commercial Services Union said more than 1,000 Border Force staff, who are employed by the government, were expecting to strike. The union said its Border Force members had been offered a 2% pay rise, far below inflation that stood at 10.7% in November. "Immigration halls are free flowing ...with Border Force and the military contingency providing a good service," a spokesperson said. Gatwick, Britain's second busiest, said passengers should expect longer wait times at passport control between Friday and the end of the year.

☆ Jim Cramer's top 10 things to watch in the market Wednesday: Santa coming? Nike pops.
▼ + stars: | 2022-12-21 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Multiple price target increases on Wall Street. JPMorgan acknowledges "relief rally" but cuts its price target. Deutsche Bank lowers price target on Tesla (TSLA) to $270 per share from $355; keeps buy rating. Gordon Haskett downgrades Target (TGT) to hold from buy, with a $132-per-share price target; cites "meaningfully eroded traffic." As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ The world's biggest chipmaker is making a multi-billion dollar investment in the US even though it'll cost way more to make chips there. Here's why it decided to do it anyway.
▼ + stars: | 2022-12-17 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +4 min

Taiwan-based TSMC, the world's biggest chipmaker, announced a $40 billion investment in Arizona last week. That's despite TSMC's founder previously calling US chip production an "expensive exercise in futility." In the event China — which claims the island as its own — invades the island and chip production screeches to a halt, there could be trillions of dollars in economic losses. First, the cost of chip production in the US might not ultimately be "50% more expensive." The factories will be partially subsidized by the US government through the CHIPS and Science Act, a package passed in August that provided $52 billion to boost US semiconductor chip production.

☆ 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.

☆ Biden is touting a multi-billion-dollar chip factory in Arizona as a way to save the global economy from China threats — but an invasion of Taiwan would still wreak chaos
▼ + stars: | 2022-12-15 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +5 min

Experts disagree on how much this will protect the US economy in the event of a Chinese invasion of Taiwan. "These investments are helping us build and strengthen the supply chain here in America," Biden said, adding that "American manufacturing is back." "That's the definition of supply chain resilience. "Ultimately, creating a more resilient supply chain for semiconductors involves more than fab plants." To truly achieve supply chain resilience, Rasser says, the US must only boost production further, but needs similar investments in all areas of the chips supply chain, from raw materials to packaging.

You can eke some extra performance out of your own Windows computer by following NASA's lead. But of course, the best way to speed up any Windows computer is by upgrading the hardware. Here are 17 ways to speed up Windows 10 and Windows 11. To do this, open the Settings app on your computer and click Apps, and then Apps & features. Modern Windows users are lucky, because both Windows 10 and Windows 11 come pre-installed with Windows Defender.

☆ Britain's new 'winter of discontent' deepens as widespread strikes mount over festive period
▼ + stars: | 2022-12-14 | by ( Elliot Smith | ) www.cnbc.com time to read: +7 min

In recent weeks, upcoming strike actions have been announced by nurses, rail workers, postal workers, ambulance workers, airport staff, Border Force agents, highway workers, Eurostar staff, civil servants, bus drivers, firefighters, charity workers, meteorologists and offshore workers. For the public sector, real earnings were 5 percentage points lower, and Hollingsworth suggested that the growing gap had become "unsustainable." "I think there's clearly a lot of pressure here for some catch-up on the public sector side of things, and it's clear that there is that labor bargaining power there." "However, the gap between private and public sector pay narrowed slightly, with private sector pay up 6.9%, while public sector pay is up by 2.7%." However, with negotiations remaining fraught and unions showing no signs of backing down, he said some catch-up on public sector pay growth will likely be required to prevent further disruption.

Diablo IV will be released on PC, Xbox, and PlayStation platforms on June 6, 2023. Diablo IV will launch on June 6, 2023 for Windows PCs, PlayStation 5, PS4, Xbox Series X/S, and Xbox One. The developers of Diablo IV have said one of their primary goals was to return to the franchise's roots of darkness and horror. Diablo IV can connect between platforms, so players on PC, PlayStation, and Xbox should have no issues playing together. Diablo 4 first-look impressionsDiablo IV / Activision BlizzardWe got to try the first few hours of Diablo IV during a hands-on media event.

To add a Google Drive link to Windows' File Explorer, you'll need to install the Google Drive app. Once you install Google Drive, it'll appear in File Explorer like a separate hard drive. But if you're a true Google Drive power user, you can essentially turn your Google Drive account into a new hard drive by adding it to the File Explorer. How to add Google Drive to your File ExplorerAlthough most people use Google Drive by opening it in an internet browser, Google also offers a downloadable Google Drive app. Google; William Antonelli/InsiderAfter installing the Google Drive app, open it and click the blue Sign in with browser button to connect your Google Drive account.

☆ 2023 will be the worst year for the global economy in 4 decades, Citi predicts. Here's how investors can protect their money and position for a rally later on.
▼ + stars: | 2022-12-09 | by ( Marley Jay | Lisa Kailai Han | ) www.businessinsider.com time to read: +4 min

Citi Global Wealth CIO, David Bailin CitiCiti Global Wealth says investors should be cautious ahead of an oncoming US recession. The firm says 2023 will be the weakest year for global economic growth in four decades. "It's highly unlikely that we've seen the lows" in stocks, Bailin said. Overall, Citi thinks that 2023 will be the worst year for the global economy in four decades. But Bailin emphasizes that investors shouldn't sell and go to cash because they'll cost themselves money in that eventual recovery.

☆ How a hybrid work model can offer multiple advantages to the small businesses willing to take the leap
▼ + stars: | 2022-12-09 | by ( Sponsor Post | Created Insider Studios With Dell Technologies | ) www.businessinsider.com time to read: +7 min

Many small businesses could benefit from hybrid work, but are discouraged by concerns about productivity, security, and IT capacity. A number of tools from Microsoft and Dell Technologies can be tailored to provide support. Of course, no two small businesses are exactly alike, and each one will have slightly different needs, priorities, and goals for their day-to-day operations as we enter the post-covid era. Find out more about how Dell and Microsoft can help your hybrid work solution. This post was created by Insider Studios with Dell Technologies

☆ Broadcom gives upbeat revenue forecast as server, data center demand booms
▼ + stars: | 2022-12-08 | by ( ) www.reuters.com time to read: +1 min

Dec 8 (Reuters) - Broadcom Inc (AVGO.O) forecast current-quarter revenue above Wall Street estimates on Thursday, signaling strong demand for chips used in data centers and networking equipment. Companies are increasingly investing in the infrastructure needed to support a switch to hybrid work models, giving Broadcom - which makes chips for data centers, routers and Wi-Fi modems - an edge over competitors with more exposure to smartphones and PCs. Shares in Broadcom, which are down over 20% this year, rose 3% in extended trading. The company forecast first-quarter revenue of about $8.9 billion, compared with analysts' estimates of $8.78 billion, according to Refinitiv data. Revenue rose 21% to $8.93 billion in the fourth quarter ended Oct. 30.

☆ UK airports face Christmas disruption as border staff to strike
▼ + stars: | 2022-12-07 | by ( ) www.reuters.com time to read: +2 min

LONDON, Dec 7 (Reuters) - Border Force workers at several major British airports including the country's busiest, Heathrow, will go on strike for eight days this month in a dispute over pay, threatening disruption to Christmas travel. The PCS trade union said staff employed by Britain's interior ministry in passport booths would take action at London's Heathrow and Gatwick airports and a handful of regional ones, plus the Port of Newhaven. The union's General Secretary Mark Serwotka said around 2,000-3,000 staff would be involved in the walkouts on ever day but one between Dec 23-31. A Heathrow spokesperson said the airport was working with airlines and Border Force on plans to mitigate disruption. Gatwick said it expected flights to operate as normal and it would also make extra airport staff available to help passengers on strike days.

☆ Border Force workers at British airports to strike over Christmas - union
▼ + stars: | 2022-12-07 | by ( ) www.reuters.com time to read: +1 min

LONDON, Dec 7 (Reuters) - Border Force workers at several major British airports including the country's busiest, London's Heathrow, will go on strike for several days over the Christmas period in a dispute over pay, the PCS trade union said on Wednesday. The union said staff employed by the Britain's interior ministry, the Home Office, in passport booths would take action at Heathrow and Gatwick airports as well as Birmingham Airport, Cardiff Airport, Glasgow Airport, Manchester Airport and the Port of Newhaven. A Heathrow spokesperson said the airport was working with airlines and Border Force on plans to mitigate disruption. "The Home Office advises that immigration and customs checks may take longer during peak times on strike days, and Heathrow will support Border Force to minimise these impacts with the aim of processing passengers through the border as efficiently as possible," the spokesperson said. Reporting by Farouq Suleiman, writing by Sarah Young; Editing by Kate Holton, William MacleanOur Standards: The Thomson Reuters Trust Principles.

☆ Goldman Sachs upgrades this global tech giant, saying the stock could rise up to 90%
▼ + stars: | 2022-12-05 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Goldman Sachs has identified an emerging opportunity in electric vehicles that's on an "upward trend," and revealed a key stock to play it. Goldman estimates that the EV outsourcing market will grow to $36 billion in 2025 and $144 billion in 2030. The company trades as Hon Hai in mainland China and Taiwan, and Foxconn elsewhere. Why Goldman is bullish on Hon Hai Goldman says that Hon Hai could excel in "tech contents" – a growing area in EVs. It offers a "unique advantage" for Hon Hai to capture growth in EV production, especially from smaller players.

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