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Search resuls for: "James Lee"


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☆ Wall Street analysts say these stocks have more room to run through the rest of 2023
  + stars: | 2023-05-27 | by ( Michael Bloom | ) www.cnbc.com   time to read: +6 min
CNBC Pro combed through top Wall Street research to find stocks to buy for the rest of 2023. Fastly "Fastly is laying the foundation for long-term success," according to Bank of America analyst Tal Liani. "We view this as a positive inflection point which should remove the negative narrative of AWS' Gen-AI market position vs. peers," Lee said. ConocoPhillips - Goldman Sachs, buy rating "Stay Buy with Conoco our top pick among the Big 3 US majors for 2H2023. … We view this as a positive inflection point which should remove the negative narrative of AWS' Gen-AI market position vs.
☆ Amazon's valuation is not very stretched, says Mizuho Securities' James Lee
  + stars: | 2023-04-28 | 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 EmailAmazon's valuation is not very stretched, says Mizuho Securities' James LeeJames Lee, Mizuho Securities, joins 'Squawk on the Street' to discuss Amazon's valuation post-earnings, major takeaways from other large cloud company earnings, and more.
☆ Amazon dips after slowing cloud growth projections. Here's how the pros are playing it
  + stars: | 2023-04-28 | by ( Christina Falso | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon dips after slowing cloud growth projections. Here's how the pros are playing itJim Cramer, Daniel Flax of Neuberger Berman, James Lee of Mizuho Securities, Jim Lebenthal of Cerity Partners and Rob Sechan of NewEdge Wealth on what they think about Amazon's first-quarter earnings report and guidance for slower Amazon Web Services cloud growth.
☆ Tencent's online ad revenue grows for the first time in more than a year
  + stars: | 2023-03-23 | by ( Evelyn Cheng | ) www.cnbc.com   time to read: +5 min
Overall revenue for the quarter ended Dec. 31 came in at 144.95 billion yuan ($21.07 billion), higher than the 143.89 billion yuan estimated by FactSet. Average monthly users of WeChat in China and overseas rose by 3.5% from a year ago 1.31 billion accounts in the fourth quarter. Ad spendingIn-feed ads for video accounts generated more than 1 billion yuan in revenue in the fourth quarter, Tencent said. Revenue sourcesThe largest revenue segment, which includes the giant gaming business, fell by 2% to 70.4 billion yuan in the fourth quarter, in line with FactSet estimates for 70.2 billion yuan. Tencent's second-largest revenue source, financial technology and business services revenue fell by 1% to 47.2 billion yuan, below FactSet estimates for 49.49 billion yuan.
☆ Tencent is more optimistic about international gaming than domestic gaming, analyst says
  + stars: | 2023-03-23 | 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 EmailTencent is more optimistic about international gaming than domestic gaming, analyst saysJames Lee of Mizuho Securities discusses the outlook for Tencent and where it stands in terms of artificial intelligence.
☆ Wall Street says Meta job cuts reiterate focus on efficiency, offer 'rare EPS upside story'
  + stars: | 2023-03-15 | by ( Samantha Subin | ) www.cnbc.com   time to read: +3 min
The latest round of job cuts at Meta Platforms is boosting Wall Street's confidence in the upside potential for earnings in the months and year ahead. It's another round of eliminations after Meta's announcement in November that it would be laying off 13% of its workforce. Despite the blow to workers, Wall Street views the latest round of layoffs as a sign that Meta Platforms is following through on these efficiency plans. Post called the company in a Tuesday note a "rare EPS upside story," saying that the cuts should set Meta up to generate higher profitability once the economy reaccelerates. Although Wall Street broadly praised the latest efficiency move from Meta, some analysts say there's more work to do.
☆ Silicon Valley Bank is the second-biggest bank crash in U.S. history—here's what it means for your money
  + stars: | 2023-03-13 | by ( Ryan Ermey | ) www.cnbc.com   time to read: +4 min
A security guard at Silicon Valley Bank monitors a line of people outside the office on March 13, 2023 in Santa Clara, California. Late last week, Silicon Valley Bank disclosed signs of gross financial mismanagement, sparking panic among the bank's investors and customers. By Friday, the bank, which caters to numerous startups, had halted trading on its plummeting stock, prompting a race among depositors to withdraw their money. SVB and Signature Bank investors? Shares of First Republic Bank, which investors worry will suffer a similar fate, lost 52% on Monday after shedding 33% last week.
☆ Wall Street loves Alibaba right now. Here's what to expect from the tech giant's earnings
  + stars: | 2023-02-22 | by ( Zavier Ong | ) www.cnbc.com   time to read: +4 min
Since the turn of the year, more and more Wall Street banks have turned bullish on the Chinese tech sector, with Alibaba emerging as a favorite stock. The Chinese tech giant, which spans e-commerce, technology and internet segments, is due to report its earnings for the December quarter on Thursday. The bank has named Alibaba its "top pick" in the Chinese tech sector for the first time in three years. Morgan Stanley has a base-case price target of $150 on Alibaba, and a bull-case price target of $200. "We believe the 2-year long earnings downward revision cycle has likely bottomed," Goldman said, giving Alibaba a price target of $138.
☆ Meta's short video Reels may finally be ready to challenge TikTok, analysts say
  + stars: | 2023-02-02 | by ( Samantha Subin | ) www.cnbc.com   time to read: +4 min
Improving Reels engagement is boosting analysts' confidence in the short-form video platform's ability to compete with TikTok. META 1D mountain Meta Platforms shares surged more than 28% Thursday, on pace for their best day since 2013. Looking ahead, some analysts believe that Reels plays a dominant role in improving Facebook's efficiency. Easing TikTok tensions As for TikTok, some analysts say Reels is in position to overtake the short-form video leader that finds itself under increasing pressure as calls for a nationwide bans grow. JPMorgan analyst Doug Anmuth views improving Reels engagement trends and artificial intelligence investments as a way to temper threats from TikTok.
☆ Watch CNBC's full interview with James Lee
  + stars: | 2023-01-09 | 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 EmailWatch CNBC's full interview with James LeeJames Lee of Mizuho Securities joins 'Squawk on the Street' to discuss his thoughts on Alibaba and other Chinese tech stocks.
☆ Investor sentiment on Meta will probably be better in 2023, analyst says
  + stars: | 2023-01-06 | 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 EmailInvestor sentiment on Meta will probably be better in 2023, analyst saysJames Lee of Mizuho Securities says Washington is likely to tighten scrutiny on TikTok, which would be positive for Meta.
☆ U.S. Capitol riot sedition prosecutions won't get easier, experts say
  + stars: | 2022-11-30 | by ( Sarah N. Lynch | ) www.reuters.com   time to read: +5 min
WASHINGTON, Nov 30 (Reuters) - Prosecutors secured a victory when two key figures in last year's U.S. Capitol attack were convicted of seditious conspiracy. It marked the first time in nearly three decades that federal prosecutors won a conviction for seditious conspiracy. At the same time, co-defendants Jessica Watkins, Kenneth Harrelson and Thomas Caldwell were acquitted of seditious conspiracy, and the verdict was mixed on two other conspiracy charges. The obstruction and the seditious conspiracy charges each carry potential 20-year prison sentences. For example, the four defendants in the next Oath Keepers trial played secondary roles similar to the defendants acquitted of seditious conspiracy in the Rhodes trial.
☆ James Lee on Baidu's chip resiliency
  + stars: | 2022-11-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJames Lee on Baidu's chip resiliencyJames Lee, analyst at Mizuho Securities, says that Baidu is not reliant on highly advanced semiconductor chips and manufactures its own AI chip for its cloud computing and robotaxi businesses.
☆ Baidu's recovery is likely to be delayed this quarter, Mizuho Securities says
  + stars: | 2022-11-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBaidu's recovery is likely to be delayed this quarter, Mizuho Securities saysJames Lee of Mizuho Securities cites Covid restrictions and the "macro environment" as factors contributing to the delay.
☆ 'Sense of entitlement' drove Oath Keepers to storm Capitol, DOJ says in closing arguments
  + stars: | 2022-11-18 | by ( Ryan J. Reilly | Daniel Barnes | Ryan J. Reilly Is A Justice Reporter For Nbc News. | ) www.nbcnews.com   time to read: +5 min
“For these defendants, the attack on the Capitol was a means to an end,” Assistant U.S. Attorney Kathryn Rakoczy told jurors. Manuel Balce Ceneta / AP fileBright told jurors there was not evidence of a "meeting of the minds" on seditious conspiracy. “We’ve had 50 witnesses in this case, not one person has testified to you there was a plan,” Bright said. Oath Keepers were upset about the results of the 2020 election, but them venting their frustrations to each other doesn’t constitute a conspiracy, Bright argued. Rhodes told you in his own words he was prepared to start a rebellion the day that president Biden took office,” Rakoczy said, referring back to Rhodes’ testimony in his own defense.
☆ Oath Keeper saw Jan. 6 storming of U.S. Capitol as 'Bastille' moment
  + stars: | 2022-10-31 | by ( Sarah N. Lynch | ) www.reuters.com   time to read: +3 min
On Jan. 6, 2021, Young said he entered the U.S. Capitol with a group of fellow Oath Keepers with the aim of trying to disrupt proceedings to certify Biden's win. Young's testimony was the latest evidence presented by federal prosecutors in the criminal trial against Oath Keepers founder Stewart Rhodes and his four co-defendants - Jessica Watkins, Thomas Caldwell, Kenneth Harrelson and Kelly Meggs. Young is the second Oath Keeper member so far to testify for the government after pleading guilty, in the hopes of winning a reduced prison sentence. I haven’t heard you articulate an actual agreement with anybody to commit a crime,” Rhodes' attorney, James Lee Bright, said. Reporting by Sarah N. Lynch; Editing by Ross Colvin and Howard GollerOur Standards: The Thomson Reuters Trust Principles.
☆ China is an 'attractive market' with 'inexpensive' stocks after big drops, fund manager says giving 3 picks
  + stars: | 2022-10-25 | by ( Ganesh Rao | ) www.cnbc.com   time to read: +3 min
"China, in particular, is an attractive market [when stocks are] under 10 times earnings," Arcese said when speaking to CNBC "Pro Talks." The average price target of 291 Hong Kong dollars ($37.1) means analysts expect the stock to rise by 105% over the next 12 months. Alibaba, JD's competitor and one of the largest companies in China, is buy-rated by 45 out of 47 analysts surveyed by FactSet. The median price target at 135 HKD signifies a 119% upside potential. On average, analysts have a 397 HKD price target on the stock equating to a 92% upside.
☆ The Black Death permanently altered the human immune system, study says, leaving a vulnerability that persists 670 years later
  + stars: | 2022-10-20 | by ( Marianne Guenot | ) www.businessinsider.com   time to read: +3 min
The Black Death which ravaged Europe 670 years ago may still be harming humans today a study found. A scientist holds up a tooth from human remains buried in the 1300s. The Black Death, one of the greater killers in human history, was the perfect model to look at, Lee said. In just five years between 1346 and 1350, the Black Death, a pandemic caused by the bacteria Yersinia Pestis, killed tens to hundreds of millions of people, many before they were old enough to have children. Human remains being excavated from the plague pit in East Smithfield.
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