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While crisis pregnancy centers’ pattern of locating near abortion facilities is well documented, the new research, published in the peer-reviewed Journal of Medical Internet Research, maps women’s geographic access to both crisis pregnancy centers and abortion facilities. The new study found that in 2021, crisis pregnancy centers outnumbered abortion clinics 3-to-1 in the U.S., but acknowledged that the figure is probably greater now post-Dobbs. On average, the distance between crisis pregnancy centers and abortion facilities in the U.S. was 5.5 miles. Abortion clinics offer other health careAbortion-rights advocates say that when communities lose abortion clinics, they also lose access to other health care services for women. Crisis pregnancy centers outnumber abortion clinics 9 to 1 in Texas, according to the crisis pregnancy center study.
Persons: , Christina Villarreal, Mary Jane Maharry, , ” Brian Westbrook, Dobbs, Andrea Swartzendruber, Danielle Lambert, ” Swartzendruber, Lambert, CPCs, , Swartzendruber, ” Lambert, “ They’re, you’re, Andrea Trudden, Roe, Ashley Underwood, “ We’re, couldn’t, ” Underwood, Wade, Nikki Madsen, we’ve, ” Madsen, they’ve, We’re, Donald Trump’s, Biden Organizations: Parenthood Health Center, Southwest Missouri, Coalition Life, NBC News, Medical Internet Research, , University of Georgia College of Public Health, American College of Obstetricians, CPC, Communications, Heartbeat, United States, Equity, NBC, National Abortion Federation, Abortion Care Network, X, Obria Locations: Carbondale , Illinois, Illinois, Flossmoor , Illinois, Louis Region, Southwest, Fairview Heights , Illinois, Missouri, U.S, United, Louisiana, Florida , Missouri, North Carolina , Tennessee, Texas
Roblox is at an inflection point and could see its stock price more than double from here, according to Morgan Stanley. Analyst Mathew Cost upgraded the online game platform to overweight from equal weight and lifted his price target by $27 to $65, suggesting 26.4% upside. The analyst thinks consensus expectations "underappreciates the potential" for Roblox to exceed it 20% bookings growth targets as it continues to grow its audience. That's nearly 10 times faster than the game market this year and the highest level since peak Covid in 2021, he noted. LSEG data shows Roblox is has buy or strong buy ratings from 20 of 33 analysts covering it.
Persons: Morgan Stanley, Mathew, That's Organizations: PlayStation
With evolving workplace priorities, the Workforce Innovation board also predicted which new roles might emerge in the C-suite, including "chief transformation officer" and "chief experience officer." AdvertisementTim Paradis: We've seen new C-suite roles emerge in recent years, like chief AI officer and chief ethics officer. Then, while there is a "chief AI officer" role that's picking up, there is also a lot of focus on automation. Pittman: I think that a lot of these roles — whether it's chief diversity officer, chief risk officer, chief digital officer — are really about building new competencies that are not widely spread. AdvertisementThe number of companies naming chief transformation officers grew about 140% over the last couple of years.
Persons: Maggie Hulce, Julia Hood, Alicia Pittman, Neil Murray, that's, Kenon Chen, Anant Adya, everybody's, Justina Nixon, Saintil, We've, we've, Borgonovo, Tim Paradis, Nixon, It's, Pittman, Chen, isn't Organizations: Business, Workforce Innovation, Boston Consulting, Clear, Infosys, IBM, Saintil, Mastercard
Decisions I would normally agonize over, like travel logistics or whether to scuttle dinner plans because my mother-in-law wants to visit, A.I. Letting your mother-in-law cook can be a great idea, especially if she enjoys it and it gives you a break. And it made good decisions, such as advising me to be nice to my mother-in-law and accept her offer to cook for us. (Generative A.I. Just as we’ve outsourced our sense of direction to mapping apps, and our ability to recall facts to search engines, this explosion of A.I.
Persons: ChatGPT, I’d, couldn’t, Taupe ”, Chive, didn’t, Ms, Jang, , Judith Donath, Harvard’s Berkman Klein, , it’s, Donath Organizations: Harvard’s Berkman Klein Center, chum, The New York Times, OpenAI, Microsoft Locations: A.I, Olive, OpenAI
The big storyPresidential betsChris duMond; Chip Somodevilla/Getty Images; Jenny Chang-Rodriguez/BIWe're less than a week from election day, but one group can already claim victory: betting markets. Kalshi's legal victory in October over the CFTC to offer election betting paved the way for the trend. iStock; Rebecca Zisser/BIThe betting market's biggest tests might come after the election. Betting markets have Trump as a heavy favorite, whereas traditional polls indicate a tight race. AdvertisementShould Trump win in a landslide, it could strengthen the case for using betting markets as a key tool for election analysis.
Persons: , Chris duMond, Chip Somodevilla, Jenny Chang, Rodriguez, Matthew Fox, Donald Trump, Polymarket, iStock, Rebecca Zisser, Nate Silver, Tesla, Zuckerberg, Citadel's, Justin Lubell, Lubell, Steve Schwarzman, Ken Griffin, Trump, Tyler Le, Harris, Sundar Pichai, Elon Musk, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi Organizations: Business, Service, Apple, CFTC, Trump, TikTok, Meta Connect, Meta, Bank of America, Blackstone, Republican, Amazon, AWS, Five Apple Intelligence, Google, The Washington Post, Street, Microsoft, Starbucks Locations: French, New York, London
Organic revenue growth of 1% matched expectations. Management raised the midpoint of full-year earnings guidance despite the continued in weakness in China that has been hampering top-line organic growth. Bottom Line Results were mixed, but it comes as no surprise that the quarter was negatively impacted by weakness in China. The team continues to deliver for customers and we've seen PDx reports seven quarters of high-single-digit or double-digit organic revenue growth." Pharmaceutical Diagnostics (PDx) segment — used in radiology and nuclear medicine to deliver more precise diagnoses — was particularly strong, delivering segment revenue growth of 7% organically.
Persons: Peter Arduini, Arduini, We're, James Saccaro, Saccaro, GEHC, Jim Cramer's, Jim Cramer, Jim, Martin Schutt Organizations: GE Healthcare, Revenue, LSEG, Management, Pharmaceutical Diagnostics, General Electric, Philips, Siemens, U.S . Food, Drug Administration, GE Healthcare's, Care Solutions, CNBC, Getty Locations: China, U.S, Jena , Germany
China launches new lending tool before year-end loan expiry
  + stars: | 2024-10-29 | by ( ) www.cnbc.com   time to read: +2 min
A man looks at his smartphone as he walks past the People's Bank of China building on May 20, 2022 in Beijing. Despite taking effect on Monday, the PBOC did not mention the new tool in its open market operations statement. China's central bank launched a new lending tool on Monday to inject more liquidity into the market and support credit flow in the banking system ahead of the expiration of trillions of yuan in loans at the end of the year. Beijing is counting on massive financial stimulus announced in September to kick-start lending and investment, as a sharp property market downturn and frail consumer confidence weigh on investor confidence. "The central bank's choice to launch this new tool at this time is also expected to be a better hedge against the concentrated expiry of medium-term lending facility before the end of the year," the article added.
Persons: Xu Tianchen Organizations: People's Bank of, Economist Intelligence Unit, European Union, State, Shanghai Securities News Locations: People's Bank of China, Beijing, OMO, United States
And for the first time since 2020, more farmers expect farmland values to go down rather than up. James Mintert, director of Purdue University's Center for Commercial Agriculture, expects land values to likely flatten in the short term. Higher estate tax exemptions approved under the Trump administration's Tax Cuts and Jobs Act of 2017 are set to expire next year. She added: "Let's be clear that the Trump administration resulted in a trade deficit, one of the highest we've ever seen in the history of America." "It also benefits from some of the tax policies that have been supported by the Trump administration [in] the past, including things like accelerated depreciation [and] lower corporate tax rates."
Persons: Farmer, , James Mintert, Mintert, Donald Trump, Kamala Harris, Michael Langemeier, They're, Langemeier, that's, Kristen Owen, Oppenheimer, That's, Owen, Harris, Trump, Stocks, Owen doesn't, reshoring, Cerity, Jim Lebenthal Organizations: Purdue University, CME, Purdue University's Center, Commercial Agriculture, CNBC, NBC, Purdue, Trump, Biden, Republican, Deere, Caterpillar, Farmers, Management, Democratic, Republicans Locations: U.S, Mexico, China, Green
The Street is looking for Stanley Black & Decker sales of $3.8 billion in the third quarter and earnings per share (EPS) of $1.05. The Street is looking for Linde sales of $8.35 billion in the third quarter and EPS of $3.89. In addition to the headline results and forward guidance, overall organic sales growth and data center energy power demand will be focus items for investors. The Street is looking for sales of $94.47 billion in its fiscal fourth quarter and EPS of $1.55. The Street is looking for Coterra sales of $1.3 billion in the third quarter and EPS of 34 cents.
Persons: That's, It's, Stanley Black, Decker, we're, We're, Eli Lilly, Lilly, Amy Hood's, Brian Niccol, Wednesday's, Linde, it's, we'll, Phillips, Horton, Kraft Heinz, SIRI, Estee Lauder, BUD, Cardinal Health, Jim Cramer's, Jim Cramer, Jim, Stephanie Keith Organizations: Nasdaq, Dow, Fed, PCE, YouTube, Justice, AMD, GE Healthcare, Reality Labs, Microsoft, Management, Starbucks, U.S, Presidential, Linde, Apple Intelligence, Amazon, Services, Coterra Energy, WM, Cadence Design Systems, Labor, PayPal, BP, Pfizer, Royal Caribbean Cruises, JetBlue, HSBC, Devices, Grill, Electronic Arts, EA, Gross, Caterpillar, Brinker International, AFortive Corporation, Illinois Tool, Coinbase, eBay, EBAY, Booking Holdings, MGM Resorts, MGM, Bausch Health, LIN, Merck, ConocoPhillips, Mastercard, Altria, Cruise, Myers Squibb, Comcast, Mobileye, Cheniere Energy, Regeneron Pharmaceuticals, Anheuser, Busch InBev, Intel, United States Steel, Juniper Networks, Chevron, Exxon Mobil, Dominion Energy, Charter Communications, LyondellBasell Industries, Cardinal, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Eaton, Corning, Illinois, Bristol, New York City
He had low testosterone levels, in the range of 219 to 239 nanograms per deciliter. Take Alexis Ohanian, the 41-year-old Reddit cofounder and Serena Williams' husband, who recently posted on X about his (relatively high) testosterone levels. RoWhen LaSara's cofounder John Snedegar opened up his brick-and-mortar men's health clinic in 2017, "nobody" was specializing in men's sexual health, he said. But he typically recommends lifestyle changes, like more exercise, eating better, and getting good sleep, which all naturally help to boost testosterone levels. Researchers such as Berumen worry the branding of men's health clinics prop up impossible standards of manhood.
Persons: Kade, unmotivated, LaSara, Alexis Ohanian, Bryan Bedder, Serena Williams, Joe Rogan, Dax Shepard, it's, Peter Conrad said, endocrinologists, Charles, Édouard Brown, , Dr, Justin Houman, John Snedegar, Evan Miller, what's, Justin Dubin, Derek, Dana, he's, Houman, Dubin, Snedegar, Gwen Berumen, Berumen Organizations: LaSara, TRT, Ro, CDC, T Center, Men's Health, ESPN, Telltale, Clinic, University of Texas, American Psychological Association, Miami Locations: Idaho, Florida, Cedars, Sinai, Los Angeles, New York City, LaSara, Texas, Miami , Florida, Southern California, California, Miami, bricklayers, Austin
Welcome to the era of the rucking meeting. "When you have those endorphins kicking, how can it go wrong when you're doing that type of exercise together?" "The beauty of the ruck is that there's no egregious feeling of 'You're doing less than me or I'm doing more than you.' Still, a bit of a challenge is part of what sets the ruck meeting apart. Getting your heart rate up prompts you to save your breath, cutting through the fluff: there's no such thing as a ruck meeting that could have been an email.
Persons: , Rucking, Jeff Byers, Lee Heisman, Heisman, Casey Strunk, Michael Easter, Strunk, Ruck, We've, we're, Casey Strunk Rucking, rucking, It's Organizations: Service, NFL, Heisman, Founders, Strunk Insurance Locations: Atlanta, Phoenix
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Barnes-Lentz is the "Chief Health Officer" in her relationship, and has introduced her husband to treatments such as red light therapy. I asked him for health test results really early on because we were excited to be able to optimize our health together. He was ambitious, we shared faith, he had an interest in health, and we wanted the same things for our futures.
Persons: Kayla Barnes, Lentz, Barnes, , Masha Maltsava, Warren, I've, Warren Lentz Organizations: Service, Raya Locations: LA, Cleveland
The vast majority of Europeans support the use of artificial intelligence for police and military operations, according to a new report by Madrid's IE University shared with CNBC. "European Tech Insights," which measured the attitudes of over 3,000 people in Europe, found that 75% support the use of AI technologies such as facial recognition and biometric data by the police and military for surveillance purposes. The extent of the support is perhaps surprising, as Europe holds some of the strictest data privacy regulations in the world. The level of support for the use of AI in public service tasks, such as traffic optimization, was even higher, according to the report, coming in at 79%. However, when it comes to sensitive matters, like parole decisions, most Europeans (64%) oppose the use of AI.
Persons: Ikhlaq Sidhu Organizations: Madrid's IE, CNBC, Tech, European Union, Data, of Science, Technology Locations: Europe
As the fourth quarter ramps up, several stocks have room to appreciate in coming months, according to Jefferies. Heading into the end of the year, Jefferies has updated its list of stock recommendations it calls its "franchise picks," spotlighting high-conviction, buy-rated names. "Higher reinvestment rates are correlated with better returns," Jefferies added. Their average price target of almost $24 implies roughly 10% upside – less than the nearly 26% that would result if Jefferies' target of $27 is reached. And Jefferies' target of $295 implies more than 17% upside from the current price.
Persons: Jefferies, Morgan Stanley, Wells, , Johnson Organizations: Dow, Nasdaq, JPMorgan, Consumer, Johnson, PepsiCo, Sysco, Jefferies, ConocoPhillips, Port, North Field, Oil, Procter, Gamble, Colgate Locations: Wells Fargo, Alaska, Port Arthur, Texas, Qatar, Houston, LSEG, U.S, , New Jersey, Kenvue
The company last raised a $46 million Series B at a $500 million valuation led by Meritech in June. AdvertisementClay, the AI-powered sales startup, is set to be valued at $1.3 billion in a new insider funding round, two sources told Business Insider. Sequoia Capital, First Round Capital, Box Group, and Boldstart Ventures participated in that round. Clay's AI messaging tool can then help sales teams send tailored outbound messages to prospective customers. Apollo, a sales intelligence startup, raised a $100 million Series D round led by Bain Capital Ventures last year at a $1.6 billion valuation.
Persons: Clay, Meritech, , Kareem Amin, Amin, Varun Anand Organizations: Service, Business, Meritech Capital, Sequoia Capital, Boldstart Ventures, Wall Street, Bain Capital Ventures
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. AdvertisementGrant figured that if she continued investing most of her income in index funds, she could retire by 40. "There are going to be expensive seasons and not-so-expensive seasons." Grant (right) says one of her main goals is building community among individuals pursuing FIRE.
Persons: Grant, She's, , Amberly Grant, I've, I'm, she's, it's, it'll Organizations: FIRE, Service, Mr, Facebook Locations: Vegas, Colorado
The vast majority of analysts surveyed by FactSet hold a strong buy or buy rating on the stock. Despite its recent slowdown, analysts surveyed by FactSet have a consensus buy rating on the dominant e-commerce platform. Bullish voices on the stock include Goldman Sachs analyst Eric Sheridan, who recently reiterated a buy rating and $230 price target. JPMorgan's Anmuth is similarly positive on Amazon ahead of earnings, rating the stock overweight and saying it remains the favorite in the bank's firm's internet sector coverage. The consensus FactSet rating on Meta is buy, with an average price target of $604, suggesting just 2.3% potential upside.
Persons: Roundhill, , selloff, Goldman Sachs, Kash Rangan, Nvidia's Blackwell, Brad Zelnick, Amit Daryanani, Daryanani, Apple's wearables, qtr, Tim Cook's, you'd, Morgan Stanley, Jensen, Blackwell, Biden, Tesla, enthusiam, Elon, Wells, Colin Langan, Department's, Doug Anmuth, Bank of America's Justin Post, Eric Sheridan, Sheridan, Goldman, Anmuth, Baird, Roth MKM, JPMorgan's Anmuth, Goldman's Sheridan, Meta's, — CNBC's Michael Bloom Organizations: Apple, Microsoft, Nvidia, Tesla, CNBC, Windows, Investment, Deutsche Bank, Justice Department, Blackwell, Bloomberg, Ford, General Motors, EV, Google, FactSet, Bank of America's, ISI, Walmart, Costco, eBay, Meta, Ray, Labs, Facebook, Temu, Goldman Locations: China, FactSet, ., Downside, U.S, Wells Fargo, American, Meta's Asia, Pacific
"There has never been a better or exciting time to be in the telecommunications industry," said Ronnie Vasishta, senior vice president of telecom at Nvidia. "AI will revolutionize telecommunications, and telecommunications will revolutionize AI." Verizon is using AI to "plan, build, and run our network; deliver differentiated customer and employee experiences; optimize internal processes; drive operational efficiencies," said Arumugavelu. AdvertisementOne way it's implementing the tech is by using AI computer vision, which allows computers to analyze and identify subjects in photos and videos, for geospatial intelligent cell site planning. Related storiesVerizon is also building a fully automated supply chain digital twin, which helps with monitoring inventory levels, Arumugavelu said, and using AI in workforce planning.
Persons: Execs, , Ronnie Vasishta, Shankar Arumugavelu, Nvidia's Vasishta, Arumugavelu, Nvidia's Organizations: Telecommunications, MWC, Vegas, Service, Nvidia, Verizon, Mobile, Congress, Verizon Global Services
Price target update: There are a bunch of stocks in the portfolio currently brushing up against our price targets. One stock, Meta Platforms , is currently exceeding our price target. Honeywell's latest portfolio optimization move is a catalyst for why the stock should trade higher, and as a result, we are increasing our price target to $235 from $225. Previously we've struggled with the idea of owning both Palo Alto Networks and CrowdStrike at the same time in a 30-something stock portfolio for diversification reasons. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer, Banks, Price, We've, we'll, We'll, CrowdStrike, we've, it's, Morgan Stanley, Jim Cramer's, Jim, Michael Nagle Organizations: CNBC, JPMorgan, Honeywell, Palo Alto Networks, Networks, Abbott Laboratories, Jim Cramer's Charitable, CrowdStrike, New York Stock Exchange, Bloomberg, Getty Locations: Wells Fargo, BlackRock, Blackrock, Palo, China
Aside from EVs, GM touted its lowering capital costs and the company’s flexibility to produce both traditional vehicles with internal combustion engines and EVs. Shares of GM were roughly level aside from a roughly 3% increase during the beginning of the event. The change to Ultium comes after GM spent billions of dollars to develop in-house “Ultium” batteries and technologies that the automaker previously touted as “revolutionary” and the ultimate technologies to be able to build a profitable EV business. The company said the batteries and the technologies will remain, but the name “Ultium” will not, other than production operations such as its “Ultium Cells” joint venture plants with LG Energy Solution. GM has been rethinking its EV battery strategy amid changing market conditions and an influx of new, outside executives, including Tesla veterans JP Clausen, who now leads GM manufacturing, and Kurt Kelty, GM’s vice president of battery.
Persons: GM, EVs, Ultium, , JP Clausen, Kurt Kelty, Mary Barra, ” Kelty, Rory Harvey, , Orion Organizations: DETROIT, Detroit automaker, GM, LG Energy, Tesla, LG, South Korea’s Samsung SDI, CNBC, Orion Locations: North America, Orion Township , Michigan, U.S, Detroit
PubMatic conducted a layoff last week as part of a plan to focus on growth areas. PubMatic said it plans to increase its overall head count by 15% despite recent challenges. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementPubMatic, the publicly listed adtech company, last week conducted a layoff as it looks to reorient its business toward growth areas like connected-TV advertising, according to four people familiar with the matter. "PubMatic is optimizing operations to focus on high-growth areas such as supply path optimization, CTV, and commerce media," the spokesperson said in a statement.
Persons: PubMatic, , AdExchanger, Steve Pantelick Organizations: Service, CTV Locations: New York City, California
AdvertisementThis as-told-to essay is based on a conversation with Nithin Hassan, who moved from California to Bengaluru, India, in 2023 to launch his startup. I grew up in and around Bengaluru, India, in the late 1990s and 2000s. I got married in 2013, and my wife also worked in Big Tech in the US. My wife is still working at a Big Tech company and spends much more time commuting than she did back in the US. Did you leave Big Tech to pursue a career in a completely different field?
Persons: Nithin Hassan, Hassan, , We've Organizations: Meta, Service, Cisco, Amazon, Microsoft, Big Tech Locations: California, Bengaluru, India, Big, Bay
Louisa Wong stepped down as chief executive of Gamut Capital-owned XR Xtreme Reach in August. In July, Dave Clark left his role as chief executive of Triplelift. Those experts — bankers, adtech executives, and consultants — told Business Insider that the revolving door is likely to continue over the next six months as investors press adtech companies for growth. AdvertisementAs TV viewing grew fragmented, several adtech companies that took on investment in recent years positioned themselves as rivals to ratings giant Nielsen. The increasing complexity for advertisers offers opportunities for adtech companies to innovate.
Persons: , there's, Louisa Wong, Chandler Bigelow, Doug Knopper, Jo Kinsella, Dave Clark, Triplelift, Eric Roza, Ross McCray, Peter Liguori, Axios, Chris Karl, Blackstone, Mark Wright, Wright, Karl, JEGI, Prohaska's Wright, Nielsen, hasn't, There's, Megan Clarken, Criteo, Domenic Venuto Organizations: CTV, Service, Vista Equity, Vista Credit Partners, Google, Prohaska Consulting, Public, CIL Management, Amazon, Nielsen, Walmart, Progress Partners, Horizon Media
Presidential hopeful Donald Trump has proposed getting rid of taxes on tips and overtime. AdvertisementIf former President Donald Trump gets his way, workers who collect overtime pay or tips could stop paying taxes on them. "Their employer can pay less to keep them but the worker is not worse off because now they don't have to pay taxes on that," Shierholz said. Or it could mean some salaried workers switch to hourly wages in order to qualify for a higher rate of untaxed overtime pay. Do you collect tips or overtime pay?
Persons: Donald Trump, Trump, , It's, Kamala Harris, that's, Harris, it's, Heidi Shierholz, Shierholz, Joe Hughes, Alex Muresianu, Muresianu, Hughes, Rube Goldberg, Karoline Leavitt Organizations: Service, Yale, Trump, Social Security, Taxation, Economic, Tax Foundation Locations: Arizona, America
Elsewhere, TD Cowen raised its price target on Costco to $975. 7:04 a.m.: TD Cowen raises Costco price target TD Cowen is even more bullish on Costco after hosting the company's leadership for a post-earnings meeting. Analyst Brian Bedell reiterated his buy rating and lifted his price target by $3 to $27, implying about 13% upside. With that, analyst Stephen Scouten upgraded Amerant to overweight from neutral and raised his price target by 50 cents to $25.60. — Pia Singh 5:50 a.m.: TD Cowen upgrades Accenture Investors should buy shares of Accenture as the company's recovery gains steam, according to TD Cowen.
Persons: Morgan Stanley, TD Cowen, Cowen, Oliver Chen, Costco's, Chen, Gary Millerchip, — Pia Singh, Brian Bedell, Bedell, Robinhood, Wells, Donald Fandetti, Fandetti, Piper Sandler, Amerant, Stephen Scouten, Scouten, JPMorgan Chase, Betsy Graseck, Graseck, NIM, Bryan Bergin, Bergin, Fred Imbert Organizations: CNBC, JPMorgan Chase, Accenture, Costco, Deutsche Bank, American, Amerant, JPMorgan, Services Locations: Florida, Friday's
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