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☆ Millennials Are Not an Exception. They’ve Moved to the Right.
  + stars: | 2023-06-01 | by ( Nate Cohn | ) www.nytimes.com   time to read: +2 min
And last fall, the young voters of ’08 — by then 32 to 43 — preferred Democratic congressional candidates by just 10 points in Times/Siena polling. The Financial Times, for instance, wrote that “millennials are shattering the oldest rule in politics” by not moving to the right as they age. Similarly, the Democratic data firm Catalist found that Democrats essentially haven’t lost ground among millennials and Gen Z over the last decade. The millennials of 2008 are not the same as those of 2016, for instance: Six additional years of even more heavily Democratic millennials became eligible to vote after the 2008 election, canceling out the slight Republican shift among older millennials. The shift to the right appears largest among the oldest “young” voters — the older millennials who came of age in a very different political era from today.
Persons: —, Obama, It’s, Catalist, Democratic millennials Organizations: Democratic, Times, Roper, Financial Times Locations: Siena, Iraq
☆ Start-Ups Bring Silicon Valley Ethos to a Lumbering Military-Industrial Complex
  + stars: | 2023-05-21 | by ( Eric Lipton | ) www.nytimes.com   time to read: +2 min
While waiting for a decision by the Pentagon, the company recently moved to lay off some employees. Mr. Roper, the former Air Force procurement boss, said another problem is the Defense Department’s historical insistence on creating its own solutions to problems instead of buying new technologies from commercial firms. He noted that artificial intelligence, for example, still has not been integrated into Air Force flight operations beyond some basic experiments. Mr. Austin, the defense secretary, recently announced that the Defense Innovation Unit will report directly to him, supervised by a new recruit from Apple. But for each success, there are many other tech start-ups struggling to pay bills as they wait for the Pentagon to make a purchase decision.
☆ Here are Tuesday's biggest analyst calls of the day: Apple, Ferrari, Dell, Tesla, Chegg, Penn & more
  + stars: | 2023-05-02 | by ( Michael Bloom | ) www.cnbc.com   time to read: +6 min
"We initiate coverage of AMRC shares with a Buy rating and $60 PT implying ~45% upside potential." Barclays downgrades Shoals to underweight from equal weight Barclays said in its downgrade of the solar company that shares of Shoals are overvalued. Morgan Stanley upgrades Dell to overweight from equal weight Morgan Stanley says it's getting more constructive on shares of the PC giant. " Barclays initiates Ferrari as equal weight Barclays said in its initiation of the stock that it's waiting for a better entry point. Cowen reiterates Target and Walmart as outperform Cowen said it's standing by its outperform rating on the big box giants.
☆ Here's what went wrong with Virgin Orbit
  + stars: | 2023-03-31 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com   time to read: +9 min
The deal, facilitated by a so-called blank check company, gave Virgin Orbit a valuation of nearly $4 billion. That debt gives the flashy British billionaire first priority of Virgin Orbit assets in the event of the now-impending bankruptcy. And Chief Strategy Officer Jim Simpson had also spent more than eight years in Boeing's satellite division before joining Virgin Orbit. That frustration continued after the pause, with employees confused by the lack of specifics about which investors were speaking to Virgin Orbit leadership. Virgin Orbit
☆ Gold prices have been 'subdued' in light of macroeconomic uncertainty, strategist says
  + stars: | 2023-03-22 | 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 EmailGold prices have been 'subdued' in light of macroeconomic uncertainty, strategist saysIan Roper of Astris Advisory Japan KK says "gold's kind of been suffering, with rates going up."
☆ Here are Monday's biggest analyst calls: UBS, Netflix, First Republic, Carnival, Meta, Amazon & more
  + stars: | 2023-03-20 | by ( Michael Bloom | ) www.cnbc.com   time to read: +7 min
Morgan Stanley reiterates Match as a top pick Morgan Stanley said it sees more industry growth for stocks such as Match. Deutsche Bank upgrades Kimberly-Clark and Conagra to hold from sell Deutsche upgraded several staples manufacturers mainly on valuation. Deutsche Bank upgrades Dow to buy from hold Deutsche said the "worst is behind us." Morgan Stanley reiterates First Republic as underweight Morgan Stanley said it sees too many negative outcomes for First Republic. Bank of America reiterates Nvidia as buy Bank of America said it's bullish heading into Nvidia's flagship AI and tech conference this week.
☆ Google stacks its legal team with former DOJ employees as it faces antitrust cases
  + stars: | 2023-03-17 | by ( Lauren Feiner | ) www.cnbc.com   time to read: +13 min
Former DOJ employees make up both its in-house team and members of outside counsel firms it employs. Google also uses four different outside counsel firms loaded with nearly 20 former DOJ officials, many of whom worked in the Antitrust Division at various times. The DOJ made the accusation in a legal filing after Epic Games raised the concern in its own antitrust litigation against Google. Those firms collectively have around 20 former DOJ employees on their staff, many of them working in antitrust. For example, DOJ antitrust chief Jonathan Kanter previously worked for clients including Microsoft and Yelp which have complained of Google's allegedly anticompetitive behavior.
☆ Vita Coco wants its coconut water be your cocktail mixer — and your hangover cure
  + stars: | 2023-02-10 | by ( Amelia Lucas | ) www.cnbc.com   time to read: +1 min
For nearly two decades, Vita Coco has sold its coconut water to health-conscious consumers as a fresh way to hydrate. Co-founder Mike Kirban compared Vita Coco's transformation to that of Ocean Spray, the agricultural cooperative that sells cranberry products. "Ocean Spray is a brand that's four times our size, that's all based on one ingredient," the company's executive chairman told CNBC. Founded in 2004, Vita Coco started as a coconut water brand but has since expanded into other beverage categories, like energy drinks and water. The company went public in October 2021, just before the market for initial public offerings dried up as inflation, the war in Ukraine and economic uncertainty weighed on investors.
☆ Morning Bid: Chipped
  + stars: | 2023-01-27 | by ( ) www.reuters.com   time to read: +5 min
A surge of 'soft landing' hopes for the U.S. economy on Thursday got sideswiped overnight after a dire industry readout from chipmaking giant Intel decimated its stock price after the bell. "We expect some of the largest inventory corrections literally that we've ever seen in the industry," he told Reuters later. Annual 'core' PCE inflation is expected to have slowed to 4.4% last month, the lowest in more than a year, from 4.7% in November. U.S. bonds of Adani firms also fell after Hindenburg Research flagged concerns in a Jan. 24 report about debt levels and the use of tax havens. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
☆ Commodities outlook hinges on China's Covid situation, strategist says
  + stars: | 2022-12-19 | 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 EmailCommodities outlook hinges on China's Covid situation, strategist saysIan Roper of Astris Advisory Japan says "the key question is going to be how quickly can economic activity pick up post-Chinese New Year."
☆ The world is running out of fresh water. How to invest in the companies trying to prevent this crisis
  + stars: | 2022-11-07 | by ( Christina Cheddar Berk | ) www.cnbc.com   time to read: +10 min
Many operate in areas like filtration and desalination, testing and analytics or smart water networks that can help use water more efficiently. It also invests in water solutions companies like Danaher even if the share of their revenue from water-related businesses is below the 30% threshold the fund typically requires. Water metering also is important for conservation efforts, and companies in this space include Xylem , Badger Meter and Roper . As a pure-play water company, he expects it to take advantage of several industry trends. In the water quality space, Evoqua Water Technologies is a name RBC likes.
☆ Morning Bid: Consumer drain as banks gain
  + stars: | 2022-10-26 | by ( ) www.reuters.com   time to read: +5 min
Google's results in particular bode ill for Facebook parent Meta Platforms (META.O), especially reliant on advertising and reporting its results late on Wednesday. Consumer blues contrasted with bumper earnings from banks who are raking in huge windfalls from rising interest rates - direct cash injections from reserves they hold at central banks along with higher net interest margins and trading revenues flattered by volatile markets. read more read more read more read moreEuropean banks reporting this week matched Wall St counterparts on that score, raising conundrums for the European Central Bank meeting this week and Bank of England and U.S. Federal Reserve gatherings next week. They all plan further policy rate rises to rein in inflation - but this also involves direct transfers to their banks and potentially a drain on government finances. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
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