Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Krishna"


25 mentions found


CNN —A debt-ridden laborer in central India said his family’s life has been “changed forever” after he unearthed a 19.22-carat diamond worth almost $100,000. “It shone spectacularly; I knew it was a diamond right then!” an audibly delighted Gond told CNN from his home in Panna district. The 19.22-carat diamond worth almost $100,000 found by Raju Gond. “This is a white diamond of 19.22 carat,” he told CNN. “We woke up early and got out again,” Gond told CNN.
Persons: Raju Gond, Rakesh, audibly, Gond, Kalyanpur, Panna, Anupam Singh Anupam Singh, Singh, , ” Gond, ” Raju Gond's, Raju Gond Singh, Organizations: CNN, Panna Diamond Office Locations: India, Madhya Pradesh, Panna district, Panna,
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBarclay's Venu Krishna on markets: Several signs point to a short squeezeVenu Krishna, Barclays head of U.S. equity strategy, joins 'Squawk on the Street' to discuss the current markets, the likelihood of rate cuts, and more.
Persons: Venu Krishna Organizations: Barclays
IBM shares jump on earnings and revenue beat
  + stars: | 2024-07-24 | by ( Jordan Novet | ) www.cnbc.com   time to read: +2 min
IBM shares rose 5% in extended trading on Wednesday, after the company reported second-quarter results that surpassed analysts' predictions. Earnings per share: $2.43 adjusted vs. $2.20 expected, according to LSEG$2.43 adjusted vs. $2.20 expected, according to LSEG Revenue: $15.77 billion vs. $15.62 billion expected, according to LSEG. Revenue increased 1.9% from $15.48 billion a year ago, IBM said in a statement. IBM said its software business brought in revenue of $6.74 billion, up 7% and more than the StreetAccount consensus of $6.49 billion. That was down 0.9% and below the $5.23 billion StreetAccount consensus.
Persons: Arvind Krishna Organizations: IBM, LSEG Revenue, Revenue, Palo Alto Networks Locations: LSEG, Montreal
Strategist Venu Krishna raised his 2024 S & P 500 target to 5,600 from 5,300. The S & P 500 has already rallied more than 16% year to date, reaching record levels and blowing past many Wall Street estimates. Investors have piled into tech stocks this year amid expectations that artificial intelligence would bolster corporate profits. The S & P 500 tech sector is up 29% in 2024, with AI-related stocks Nvidia and Super Micro Computer more than doubling. Barclays also set its 2025 S & P 500 target at 6,500.
Persons: Venu Krishna, Krishna Organizations: Barclays, CNBC Pro Market, Survey, Big Tech, Nvidia Locations: Monday's
The unforgettable moment when a competing athlete first enters the Olympic Village in Paris may be defined not by the complex’s impressive size and sweep, but by a smell: the scent of freshly baked baguettes. This is by design. “Every French village has a bakery,” said Guillaume Thomas, who works in communications for the Paris Olympics. For the 15,000 Olympic athletes competing this summer, food is vital for optimizing performance. The French would like to sprinkle in some delight.
Persons: , Guillaume Thomas Organizations: Paris Locations: Paris
Small-caps historically decline before and after the first interest rate cut, Barclays reported. This argues against the growing narrative that the easing cycle will boost small-caps, the bank said. AdvertisementBarclays ResearchTheir finding opposes many prevailing viewpoints on Wall Street, where rising bets of lower interest rates have sent investors piling into the small-cap trade. In part, falling interest rates might help ease debt burdens, but they can also signal a cooling economy — which favors large-cap exposure. Market veteran Ed Yardeni wrote this week that the small-caps trade has no legs, given the sector's lackluster forward earnings, revenue, and profit margins.
Persons: , Venu Krishna, Russell, June's, Tom Lee, Ed Yardeni, Liz Young Thomas Organizations: Barclays, Service, NASDAQ, Federal
A wing of the Eiffel Tower has been cleared out to make way for a brand-new restaurant called Gustave 24. A fully built commercial kitchen is set to be airlifted into the Palais de Tokyo, a contemporary art museum on the Right Bank. Some 80 temporary restaurants are being set up in Paris and other locales around the country where competitions will be staged. They will serve an average of 30,000 diners a day, each offering a different menu and format. And they’ll offer visitors a chance to experience the Olympics as dinner theater.
Persons: there’s Organizations: Eiffel, Palais, Right Bank Locations: Tokyo, Seine, France, Paris
“My cart looks ridiculous,” said Ms. Uhuru, 48, who supplements her hauls with vegetables grown in her garden. “People think I am a shift shopper.” Sylvia Jarrus for The New York Times, including previous image. Sawyer’s April Shopping Total shopping trips: 14 Impulse purchases: Castelvetrano olives ($5.99) and sparkling water (prices vary) Share of drinkable purchases: 70 percent What might a stranger notice if she peered into Sawyer Bonsib’s cart? “The old adage ‘Don’t go grocery shopping when you are hungry,’ applies triply during Ramadan,” he said. “Or my toddler will gnaw on a tortilla while I’m making dinner.” Jessica Attie for The New York Times, including previous image.
Persons: , creamer, Jackie Kesterson, haven’t, , , Kesterson, Rebecca Gratz, Kimberly Uhuru Detroit, Kimberly Uhuru, Uhuru, ” Sylvia Jarrus, Sawyer, Mr, Bonsib, Alcoholics Anonymous, isn’t, ” Will Newton, pita —, Pecorino Romano, pistachios, Ayse Gilbert, Gilbert, She’s, ” Kerry Tasker, Sonal Singh, Singh, Carolyn Fong, Bingahlan, Abdul Bingahlan, chiles, We’re, Bingahalan, , Brittainy Newman, Amy O’Neill Houck, ” — Mindy Huskins, — Naeman Mahmood, ” — Martha Goff, Gabby Cavazos Austin, Gabby Cavazos, Cavazos, ” Jessica Attie, Young, Alan Young, . Young, Croix seltzer Organizations: THE, Amazon Grocery, Vee, The New York Times, Walmart, Alcoholics, Costco, Gilbert Anchorage, University of Georgia, Mart, chiles, Atlanta, Emory, Coordinating, Foods, Assistance, SNAP Locations: United States, romaine, Jackie Kesterson Omaha, Rosedale Park, Target, Croix, Waterloo, Malvern, Ark, Gilbert, Alaska, Anchorage, Carmel , Calif, California, Sonal Singh Foster City, Calif, India, Foster City, Bingahlan New York City, Cordova , Alaska, Newark, Del, Atlanta, Sacramento, Gabby Cavazos Austin , Texas, Texas, Young Hilo, Hawaii
A number of Big Tech companies have laid off staff this year, including Google, Tesla, Apple, and dozens more. Ironically, companies haven't been slowing down on innovation, with many releasing a constant stream of AI updates and product launches. Mark Zuckerberg shared his theory on the first round of industry-wide layoffs in an interview with "Morning Brew Daily" in February. AdvertisementSalesforce CEO and cofounder Mark Benioff also relayed the same sentiment in a letter to employees announcing layoffs in 2023. But for the moment, tech companies don't seem to be slowing down on AI advancement.
Persons: , Mark Zuckerberg, Jason Citron, Sundar Pichai, Mark Benioff, Zuckerberg, Emily Chang, Wayfair's cofounders, Niraj Shah, Steve Conine, Jobs, Satya Nadella, Arvind Krishna, Drew Houston Organizations: Service, Big Tech, Google, Apple, Business, Bloomberg, ARM, IBM, Dropbox Locations: Zuckerberg's
How to Escape From the Russian Army
  + stars: | 2024-06-27 | by ( Bhadra Sharma | Jeffrey Gettleman | ) www.nytimes.com   time to read: +1 min
He didn’t have any documents. He was wrapped in bandages and 2,500 miles from his village in the Himalayas. But as he lay in a Russian military hospital, wounded in battle and surrounded by people speaking an alien language, Krishna Bahadur Shahi, an out-of-work engineer from Nepal who had committed the mistake of joining Moscow’s army, made a vow. “I had to get out,” he said in a recent interview. But the Russian military continues to rely on it, boosting combat power with impoverished young foreigners even though many, like Mr. Shahi, said they didn’t know they would be going into battle.
Persons: Krishna Bahadur Shahi, I’m, , , Mr, Shahi Locations: Russian, Nepal, Ukraine
REUTERS/Brendan McDermid/File Photo/File Photo Purchase Licensing Rights New Tab , opens new tabJune 25 (Reuters) - Investment firm KKR (KKR.N) New Tab , opens new tab acquired a portfolio of 18 multifamily real estate assets on Tuesday from a closed end fund sponsored by developer Quarterra Multifamily for about $2.1 billion. The portfolio includes 5,200 units across California, Washington, Florida, Texas, Georgia, North Carolina, Colorado and New Jersey. "We believe this is a great moment to invest in real estate, as transaction activity starts to pick up on the heels of two-years of dislocation in commercial real estate markets," said Justin Pattner, KKR's head of real estate equity in the Americas. KKR will partner with prominent multifamily real estate operators Carter-Haston, MG Properties and Dalan Real Estate to operate the assets. New Tab , opens new tab
Persons: Brendan McDermid, Quarterra, Justin Pattner, Carter, Pritam Biswas, Krishna Chandra Organizations: KKR, New York Stock Exchange, REUTERS, Investment, Thomson Locations: New York, U.S, California, Washington , Florida , Texas, Georgia, North Carolina , Colorado, New Jersey, Americas, Bengaluru
Container ships are berthed at PSA's Pasir Panjang Terminal in Singapore July 15, 2019. Global port congestion has reached an 18-month high, with 60% of ships waiting at anchor located in Asia, maritime data firm Linerlytica said this month. SEVERE CONGESTIONSingapore, the world's second-largest container port, has seen particularly severe congestion in recent weeks. "The peak season, which traditionally starts in June, was advanced by a full month, causing ocean freight rates to soar." Container freight prices from Asia to the U.S. and Europe have tripled since early 2024.
Persons: Edgar Su, Linerlytica, Yemen's, Jayendu Krishna, Drewry, PortCast, Niki Frank, Dimerco, Jonathan Gold, Judah Levine, Jared Bernstein, Gene Seroka, Peter Sand, Jeslyn Lerh, Lisa Baertlein, Lisa Barrington, Miyoung Kim, Kim Coghill Organizations: REUTERS, Retailers, Ships, Drewry Maritime Advisors, Singapore, Singapore's, Port Authority, Drewry, Keppel, Tuas, Maersk, DHL Global, Asia, Descartes, National Retail Federation, Container, U.S ., of Economic Advisers, U.S, DHL, Thomson Locations: Pasir Panjang, Singapore, SEOUL, SINGAPORE, Asia, Africa, Malaysia's Port Klang, Tanjung Pelepas, Shanghai, Qingdao, China, South Korea, U.S, Europe, U.S . East Coast, U.S . West, of Los Angeles, Los Angeles, Seoul
Don’t Call It an ‘Ethnic’ Grocery Store
  + stars: | 2024-06-11 | by ( Priya Krishna | Tommy Kha | ) www.nytimes.com   time to read: 1 min
In the 1970s and ’80s, as Asian immigration to the United States soared, grocers like H Mart; Patel Brothers, an Indian grocery founded in Chicago; and 99 Ranch Market, originally focused on foods from China and Taiwan, started in Westminster, Calif., opened to meet the demand for ingredients that tasted like home. These were tiny mom-and-pop shops in suburban strip malls or outer boroughs with large Asian immigrant populations. They weren’t fancy, but they were vital to their communities. Now, those same shops have transformed into sleekly designed chains with in-store roti machines, mobile ordering apps and locations across the country — all aiming to serve the fastest growing ethnic group in the United States and the millions of others who now crave flavors like Shin Ramyun, chili crisp, chaat masala and chai.
Persons: Patel Locations: United States, Indian, Chicago, China, Taiwan, Westminster, Calif
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBig Tech's valuations are 'quite full' but reasonable, says Barclay's Venu KrishnaVenu Krishna, Barclays head of U.S. equity, joins 'Squawk on the Street' to discuss why valuations look 'pretty full', if there's downside risk to Krishna's year-end target, and what it all means for asset allocation.
Persons: Barclay's Venu Krishna Venu Krishna Organizations: Barclays
A few days before Christmas in 2020, quarantined with Covid in the basement of a Hare Krishna ashram in Philadelphia, Justine Payton admitted to herself how bad things had gotten. She rose at 4:30 each morning and her days ended at 9:30 p.m. Ms. Payton had moved to Philadelphia to help open the Mantra Lounge meditation center at the behest of Mangal-arti’s “spiritual master,” Devamrita Swami, a New York-born, Yale-educated leader in the Hare Krishna movement. The movement had given her joy, purpose and community when she desperately needed it. Now she was reaching new followers with the same things that first attracted her: cheap yoga and vegan meals, and then meditation, chanting, and volunteer work.
Persons: Hare, Justine Payton, Mangal, arti, Ms, Payton, , Hare Krishna Locations: Philadelphia, New York, Yale
Now that the S & P 500 and most major stock market indexes are at or near historic highs, expect a raft of earnings and year-end price target revisions for the S & P 500 to be coming. First up with an upward revision was Brian Belski at BMO Capital, who Wednesday raised his year-end S & P target to 5,600 from 5,100. The median price target (half above, half below) is 5,200. Earnings for the rest of the year have been remarkably stable, but the key point is that each quarter is higher and a record for S & P 500 profits: 2024 S & P 500 quarterly earnings estimates Q2: $59.46 (record) Q3: $63.49 (record) Q4: $65.08 (record) Source: LSEG Valuations (roughly 20 times forward S & P 500 earnings) are pricey but not unreasonable given the continuing strength of the economy and the prospects of AI-boosted returns. May: market advance broadens (advance/decline line) S & P 500: near new high S & P Mid Cap: new high S & P Small Cap: highest since Dec.
Persons: Sam Stovall, CFRA, Brian Belski, Belski, Subramanian, Venu Krishna, Goldman Sachs, David Kostin, Ned Davis, Ed Clissold, Oppenheimer, John Stoltzfus, Lori Calvasina, Manish, Nicolaus, Barry Banniester, Jonathan Golub, Chris Harvey, Dubravko, Bujas, Cantor Fitzgerald, Eric Johnson, Scott Chronert, Julian Emanuel, Fundstrat, Tom Lee, Morgan Stanley, Mike Wilson, Hugo Ste, Stovall Organizations: BMO Capital, Wall, of America, Barclays, BMO, RBC, Societe Generale, UBS, Bloomberg, Citigroup, Deutsche Bank, ISI, JPMorgan, Scotiabank, @VX Locations: Wells Fargo, Marie
Nikesh Arora CEO & Chairman Palo Alto Networks, speaking on CNBC's Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Palo Alto Networks is buying cloud security software assets from IBM as part of a broader partnership that will give the cybersecurity company access to more consultants and a bigger customer base. Consolidation has been ramping up in the security software industry as companies gear up for a swarm of attacks spawned by artificial intelligence. Palo Alto will incorporate IBM's Watsonx large language models into Cortex Xsiam, in addition to its use of models from Google . The SIEM category has been around for over 20 years, but Palo Alto just introduced Cortex Xsiam two years ago.
Persons: Nikesh Arora, Thoma Bravo's LogRhythm, Palo, Arora, he'd, Arvind Krishna, It's Organizations: Alto Networks, Palo Alto Networks, IBM, Palo Alto, Cisco, Splunk, Exabeam, CNBC, Palo, Google Locations: Davos, Switzerland, Palo, SIEM, cybersecurity, Palo Alto
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with IBM CEO Arvind Krishna and Palo Alto Networks' CEO Nikesh AroraIBM CEO Arvind Krishna and Palo Alto Networks' CEO Nikesh Arora join 'Closing Bell Overtime' to discuss their recently announced partnership, how the two will collaborate on cybersecurity, how the partnership will integrate AI, and more.
Persons: Arvind Krishna, Nikesh Arora Organizations: IBM, Palo Alto Networks Locations: Palo
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPalo Alto Networks' CEO Nikesh Arora: Agreement with IBM 'far-reaching'IBM CEO Arvind Krishna and Palo Alto Networks' CEO Nikesh Arora join 'Closing Bell Overtime' to discuss their recently announced partnership, how the two will collaborate on cybersecurity, how the partnership will integrate AI, and more.
Persons: Nikesh Arora, Arvind Krishna Organizations: Networks, IBM, Palo Alto Networks Locations: Palo
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBarclays' Venu Krishna: S&P 500's 'sensitivity to CPI remains high'Venu Krishna, Barclays head of US equity strategy, joins CNBC's 'Squawk on the Street' to discuss markets, inflation, the Fed, earnings, and more.
Persons: Venu Krishna Organizations: Barclays
Stock futures were little changed on Sunday, with Wall Street looking toward fresh inflation data this week. Futures tied to the S&P 500 fell 0.1%, while Nasdaq 100 futures hovered near the flatline. Investors will look for insights into the Federal Reserve's monetary policy moving forward with April's consumer price index report due out on Wednesday. Results so far have helped stocks remain resilient despite the inflation overhang. 92% of S&P 500 companies have reported as of Friday, with neatly 80% of firms surpassing Wall Street forecasts, per FactSet data.
Persons: Dow, Venu Krishna Organizations: New York Stock Exchange, Stock, Nasdaq, Dow Jones Industrial, Federal, Traders, Fed, Wall, Barclays Locations: New York City
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIn a few months we'll have a much clearer picture on Q1 inflation, says Evercore ISI's Krishna GuhaKrishna Guha, Evercore ISI Vice Chairman, joins 'Closing Bell Overtime' to talk what's ahead for the Fed and what we should take from the latest economic data.
Persons: Evercore ISI's Krishna Guha Krishna Guha, Evercore Organizations: Fed
We are opposites, my mother and I. Where she is poised, classy and no-nonsense, I am goofy, outgoing, a people pleaser. My whole childhood, we struggled to find common ground. My mother was an immigrant from India; I was an American kid trying to navigate the world without a language to understand my identity. Image The author celebrating her birthday with a cake prepared with her mother — an annual tradition.
Persons: Abba, Strunz, Farah Locations: India, American
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIBM CEO Arvind Krishna on revenue miss, consulting business and HashiCorp acquisitionIBM CEO Arvind Krishna joins 'Money Movers' to discuss the company's revenue miss, company outlook, and consulting business.
Persons: Arvind Krishna
The Election Commission uses indelible ink, or “voter ink”, to prevent fraud or duplicate votes. Sujit Jaiswal/AFP/Getty ImagesMore than 960 million people are eligible to vote in India’s election, the world’s biggest. “Indelible ink serves no other purpose,” said Irfan. The company now supplies indelible ink to more than 35 countries, including to Ghana beginning in the late 1970s. However, Ghana’s election commission recently announced it would phase out the use of indelible ink, opting for biometric verification methods instead.
Persons: CNN CNN —, , K Mohammed Irfan, Manish Swarup, Deepika Padukone, Sujit Jaiswal, Irfan, , Ornit Shani, Shani, ” Shani, Prakash Singh, MVPL, Krishna Raja Wadiyar IV, Mukulika Banerjee, Rakesh Nair, Banerjee, haven’t, ‘ I’ve Organizations: CNN CNN, CNN, Getty, Universal, Bloomberg, London School of Economics, Reuters “ Locations: Neemrana, India, Mumbai, AFP, Mysuru, Karnataka, Chennai, Muzaffarnagar district, Uttar Pradesh, Mysore, Ghana, West Bengal
Total: 25