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☆ DirecTV is on the warpath against Disney in a battle it says is existential for cable TV
▼ + stars: | 2024-08-27 | by ( James Faris | ) www.businessinsider.com time to read: +9 min

They really just want to disintermediate all of pay TV and drive everyone to themselves. Fresh off a vicarious victory over Disney, Thun is still looking for revenge. For DirecTV, it's skinny bundles or bustDirecTV believes these strict bundling requirements are to blame for putting pay TV on life support. Disney is "completely responsible" for the fall of pay TV, Pachter said, "because they think the only direction that retransmission fees should go is up." Without skinny bundles, pay TV is 'going to die'If skinnier bundles can't solve pay TV's woes, it's unclear what could.

Persons: —, Venu Sports, Venu, Rob Thun, Thun, Venu didn't, DirecTV's, Geo, They've, Venu wouldn't, Margaret Garnett, I'm, Michael Pachter, he'd, Pachter, Brian Wieser, Puck's John Ourand, Rich Greenfield, Greenfield, — we're, Wieser Organizations: Service, Disney, Fox, Warner Bros ., DirecTV, Business, ESPN, balk, YouTube, Wedbush Securities, Madison, Cable, Paramount, LightShed Partners, Charter Locations: Thun, Wall

☆ Judge temporarily blocks sports streaming service Venu, siding with Fubo on antitrust concerns
▼ + stars: | 2024-08-16 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +4 min

Discovery and Fox from launching their sports streaming service, Venu, according to court filings. The temporary injunction, granted in response to a lawsuit brought by Fubo TV , comes just weeks ahead of the start of the National Football League season. Fubo, an internet TV bundle akin to the traditional pay TV package, alleged in its lawsuit that Venu was anticompetitive and would upend its business. Discovery, Fox and Disney's ESPN announced the formation of the joint venture streaming service in February. On Friday, Fubo said it intends to move forward with its antitrust lawsuit against the companies for their anticompetitive practices.

Persons: Venu, David Gandler, Fubo, Sen, Elizabeth Warren, Bernie Sanders, Joaquin Castro, Venu Sports, Judge Margaret Garnett, Garnett, " Garnett Organizations: NFL, ESPN, Chicago Bears, Minnesota Vikings, Soldier, Disney, Warner Bros . Discovery, Fox, Fubo TV, National Football League, Warner Bros, Discovery, Disney's ESPN, National Basketball Association, National Hockey League, Major League Baseball, ABC, TNT, TBS, Paramount, CBS, NBC Locations: Chicago, U.S, Texas

☆ How David Zaslav can save Warner Bros. Discovery as the cable bundle collapses, according to a top media analyst
▼ + stars: | 2024-08-14 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

AdvertisementThose moves show just how rapidly the cable TV business is unraveling. WBD's direct-to-consumer segment still loses money, and its streaming revenue actually declined 6% from last year — even though Max added 3.7 million subscribers. WBD added 3.9 million streaming subscribers abroad last quarter, thanks to its rollout across Europe ahead of the Olympics, which the company broadcasts outside the US. If that service attracts enough cord-cutters, it could help stop the bleeding in WBD's fast-declining pay TV business in a best-case scenario. Join forces with other media firmsAdvertisementAlthough WBD is struggling as the pay-TV business shrinks, the silver lining is that it's not alone.

Persons: —, David Zaslav, Patience, WBD wasn't, Max, Fox —, Tim Nollen, WBD, Nollen, Venu, NBA would've, it's Organizations: Service, Warner Bros, Business, Paramount, Macquarie Research, Disney, NBA, Comcast's NBC, MLB, NHL, TNT, TBS, Max, Hulu Locations: WBD, Europe, Latin America

☆ Tesla's unique approach to sales is giving it headaches
▼ + stars: | 2024-08-02 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

The big storyFor saleGetty Images; Jenny Chang-Rodriguez/BIOne of Tesla's biggest assets is its willingness to try new things, but its unique approach to sales is also what's giving it headaches. AdvertisementA key issue is Tesla's inability to evolve its sales tactics as the EV market rapidly changes . Business Insider's Grace Kay spoke to more than a dozen current and former employees in Tesla's sales division about how the company has tried to kick-start its sales unit . Not unlike its cars, Tesla's sales approach is innovative compared to the rest of the automotive industry. It's a great strategy when the cars sell themselves — which Teslas did for a while — since you don't need to maintain a traditional sales structure.

Persons: —, Jenny Chang, Rodriguez, It's, Elon Musk, Insider's Grace Kay, There's, Teslas, Justin Sullivan, Fintechs, chatbots, Rebecca Zisser, Goldman Sachs, James Knightley, Andy Jassy, Mike Blake, Chelsea Jia Feng, Venu, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Business, EV, Tech, Citadel, ING Economics, Big Pharma, Pfizer, Novo Nordisk, Department of Labor, Chevron, ExxonMobil Locations: New York, London

☆ Venu, a $42.99 per month sports streamer, has a tough marketing challenge to find an audience
▼ + stars: | 2024-08-01 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Call Don Draper, Venu Sports may have a marketing problemThe Disney , Fox and Warner Bros. Discovery jointly-owned streaming service said Thursday it will launch this fall at $42.99 per month. That's much more expensive than Netflix , Max, Peacock or any other major subscription streaming service. Venu will give consumers access to a bundle of networks: ESPN, ESPN2, ESPNU, SECN, ACCN, ESPNEWS, ABC, Fox, FS1, FS2, BTN, TNT, TBS, and truTV. They could also get a digital antenna to pair with Venu, but antenna uptake among younger viewers may be a tad oxymoronic.

Persons: Don Draper, Venu, Max, Peacock, haven't, Kantar, CBS —, — Organizations: Disney, Fox, Warner Bros . Discovery, Netflix, ESPN, ESPN2, ABC, TNT, TBS, truTV, CBS, NBC, NFL, YouTube, Paramount

☆ Sports streaming venture Venu priced at $42.99 a month
▼ + stars: | 2024-08-01 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

Venu Sports, the sports streaming joint venture between Disney's ESPN, Warner Bros. The high-end pricing — common in direct-to-consumer sports streaming services — was expected in part so it wouldn't shake up any carriage agreements with traditional pay TV distributors. Live sports remain the highest rated TV programming and are the most costly part of the pay TV bundle. Users who sign up for Venu at $42.99 a month will have access to that entry pricing for 12 months, Venu noted Thursday — signaling there could be price increases ahead. The upcoming bundle will be priced at $16.99 a month with ads, and $29.99 a month ad-free.

Persons: Venu Sports, Venu, Pete Distad, Distad Organizations: NFL, ESPN, Chicago Bears, Minnesota Vikings, Soldier, Disney's ESPN, Warner Bros . Discovery, Fox Corp, Venu Sports, Fox, Sunday NFL, Monday, Football, CNBC, Apple, Hulu, NBA, NHL, MLB, ABC, TNT, TBS, Disney, Warner Bros, Max Locations: Chicago, U.S

☆ The new sports streaming bundle will cost $43 a month — but won't have some of TV's most popular sports
▼ + stars: | 2024-08-01 | by ( Peter Kafka | ) www.businessinsider.com time to read: +4 min

What would you pay for a streaming service that gave you lots — but not all — of the biggest sports programming on TV? Most crucially, it won't include lots of NFL games, since the package doesn't include CBS, which has the national rights to AFC games on Sundays. Take the NFL out of traditional TV and there's almost nothing left at this point. If you wanted a streaming service that had all of the NFL games on traditional TV, you'd need a service like YouTube TV, which currently costs $73 a month. That's partly because the TV companies that are part of the bundle kind of believe that, and partly because they have a delicate relationship with pay TV distributors like Comcast.

Persons: Venu —, It's, Venu, they've, they're Organizations: Service, Disney, Fox, Warner Bros, ESPN, FS1, ABC, TNT, Business, CBS, AFC, NBC, NFL, YouTube, NBA, Comcast, Netflix, Bowl

☆ Barclay's Venu Krishna on markets: Several signs point to a short squeeze
▼ + stars: | 2024-07-25 | 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 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

☆ Disney, Hulu and Max launch streaming bundle at up to 38% discount
▼ + stars: | 2024-07-25 | by ( Liam Reilly | ) edition.cnn.com time to read: +3 min

Discovery and Disney launched a cross-studio bundle of Disney+, Hulu, and Max on Thursday, bringing the services together at a discounted price as the entertainment giants look to scale their streaming businesses. Disney+ with Hulu is also available for $9.99 a month with ads. Disney already offers its own streaming bundle that includes Disney+, Hulu, and ESPN+ at a bargain rate. Earlier this month, Hallmark announced that it, too, will launch its own standalone streaming platform, Hallmark+, ahead of the holiday season. Disney, WBD and Fox Corp. are also launching the dedicated sports streaming service Venu this fall, which will combine ESPN, TNT, Fox Sports and other assets under a single streaming roof.

Persons: Max, Marvel, ”, David Zaslav, NBC’s Peacock, Peacock, Venu, “ We’ve, Bob Iger, “ Organizations: New, New York CNN, Warner Bros . Discovery, Disney, HBO, ABC, CNN, Food Network, FX, HGTV, Hulu, Pixar, Star Wars, Warner Bros, Netflix, Amazon Prime, ESPN, Verizon, Paramount, Apple, Comcast, Hallmark, Fox Corp, TNT, Fox Sports, ” Disney, CNBC Locations: New York, Hulu

☆ Barclays raises S&P 500 target to 5,600, sees strong tech earnings ahead
▼ + stars: | 2024-07-23 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

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

☆ Don't bet on the stock-market rotation as small-caps historically suffer when rates come down, Barclays says
▼ + stars: | 2024-07-19 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

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

☆ Warner Bros. Discovery CEO David Zaslav talks sports streaming bundle 'Venu'
▼ + stars: | 2024-07-10 | 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 EmailWarner Bros. Discovery CEO David Zaslav talks sports streaming bundle 'Venu'CNBC's Julia Boorstin talks what she is hearing from top media execs at the Allen & Co. Sun Valley Conference kicks off.

Persons: David Zaslav, Julia Boorstin Organizations: Warner Bros, Discovery, Allen, Co, Sun Valley Conference

☆ Warner Bros. Discovery strikes 10-year deal to broadcast the French Open in the U.S.
▼ + stars: | 2024-06-11 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +3 min

Warner Bros. The deal is set to make Warner Bros. Warner Bros. Discovery-owned Eurosport has been broadcasting the French Open to 55 countries outside the U.S. since 1989, according to a press release. Meanwhile, Warner Bros. With the hangover from the Hollywood writers' strike and cost-cutting measures across the industry, including at Warner Bros.

Persons: Spain's Rafael Nadal, Germany's Alexander Zverev, Philippe, Chatrier, Roland Garros, Roland, Garros, Luis Silberwasser, Comcast's, Venu, Disney's, NBCUniversal, — CNBC's Alex Sherman Organizations: Roland, Warner Bros, TNT Sports, Garros, French Tennis Federation, Discovery, Grand, Warner Bros ., Eurosport, TNT, TBS, Comcast's NBC, Tennis, Disney's ESPN, Fox, TruTV, National Hockey League, NASCAR, U.S, Soccer, College Football, ESPN, NBA, CNBC, Hollywood, Comcast Locations: Paris, U.S, NBCUniversal

☆ Big Tech's valuations are 'quite full' but reasonable, says Barclay's Venu Krishna
▼ + stars: | 2024-05-30 | 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 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

☆ ‘It sucks for all of us.’ Charles Barkley says the quiet part aloud as TNT’s NBA future in doubt
▼ + stars: | 2024-05-23 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

CNN —The situation at Warner Bros. Discovery’s TNT network “sucks, plain and simple,” Charles Barkley bluntly said Thursday. Barkley, who said he feels “so bad for the people” he works with, laid blame at the feet of the “clowns” atop WBD. Wall Street has responded quite negatively to the possibility WBD, which has built a programming slate around the NBA, could lose the rights to air the games. And TNT has built a programming slate around the NBA games, most notably the highly rated “Inside the NBA” show. Losing the rights to NBA games could throw aspects of that business partnership into question.

Persons: ” Charles Barkley, NBA ”, Dan Patrick, ”, Barkley, ” Barkley, David Zaslav’s, Adam Silver, Turner, Bloomberg’s Lucas Shaw, WBD, “, Shaw, ” Shaw, Joe Flint, Amol Sharma, Isabella Simonetti, Zaslav, Venu, That’s, Gunnar Wiedenfels, Wiedenfels, ” Wiedenfels, there’s, you’ve Organizations: CNN, Warner Bros, TNT, NBA, Turner, Comcast, WSJ, WBD, NCAA, MLB, NHL, NASCAR, College Football, ESPN —, Disney, Fox Corp, Morgan’s Technology, Media & Communications Locations: WBD

☆ With S&P back at new highs, now come the price target and earnings revisions
▼ + stars: | 2024-05-16 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

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

☆ Barclays' Venu Krishna: S&P 500's 'sensitivity to CPI remains high'
▼ + stars: | 2024-05-13 | 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 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 are little changed after Dow's best week of the year, investors look toward inflation data: Live updates
▼ + stars: | 2024-05-12 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

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

☆ Diversify your Big Tech holdings into these other stocks with similar traits, recommends Barclays
▼ + stars: | 2024-05-01 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

In an effort to navigate a market that remains highly concentrated under Big Tech's dominance, but also ripe for stock pickers, Barclays has dozens of stocks that share similar characteristics to the tech heavyweights. However, some select Big Tech remained fairly strong throughout the sell-off, with stocks like Alphabet and Apple bucking the downtrend. While Big Tech valuations still appear reasonable to Barclays analyst Venu Krishna, he pointed out that they're "not the only game in town," and suggested investors diversify their portfolios to beat their benchmarks. Yet, market returns, earnings upside, and institutional investor exposure remain highly concentrated in Big Tech," Krishna said in a Tuesday note. Aside from allowing investors to diversify, these stocks come with strong fundamentals based on profitability, balance sheet strength, cash conversion, and growth-adjusted valuation characteristics that closely resemble those of Big Tech stocks, the firm said.

Persons: Venu Krishna, Krishna, Dennis Geiger, Geiger, outperformance, Adrienne Yih, Yih, Goldman, TJX Organizations: Barclays, Big Tech, Inter, UBS, Software, Oracle, Arista Networks, JPMorgan, Arista, TJX Companies, Goods Locations: Big Tech, SPX, Ulta

☆ Remain favorably inclined to Big Tech as fundamentals remain strong, says Barclays' Venu Krishna
▼ + stars: | 2024-04-30 | 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 EmailRemain favorably inclined to Big Tech as fundamentals remain strong, says Barclays' Venu KrishnaVenu Krishna, Barclays head of U.S. equity strategy, joins 'Money Movers' to discuss if this is a period when tech will underperform the broader market, how to play the tech market, and much more.

Persons: Venu Krishna Venu Krishna Organizations: Big Tech, Barclays

☆ Election trading playbook: Watch these stocks as Trump secures Republican nomination
▼ + stars: | 2024-03-07 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

Despite Trump facing legal issues on multiple fronts, including a federal indictment that alleges he illegally conspired to discount votes in the 2020 election, he appears to be cruising to the Republican nomination once again. Raymond James was listed by Goldman and in Barclays' Trump stock basket, according to the Jan. 30 note. A Trump term could benefit energy giants such as Chevron , but also smaller players such as Devon Energy or coal companies such as Peabody Energy , according to Goldman. Another group of industrial companies could get a piece of government spending from expansion of the Mexico border wall under a second Trump administration. Caterpillar was one of the companies involved previously, according to Goldman.

Persons: Donald Trump, Nikki Haley, Trump, Goldman Sachs, Jan Hatzius, Venu Krishna, Goldman, Wells, Piper Sandler, Raymond James Organizations: Trump, Republican, Barclays, Federal Trade Commission, Boston, Vertex Pharmaceuticals, Energy, Republicans, Chevron, Devon Energy, Peabody Energy, Steel Dynamics, Broadcom, Caterpillar Locations: China, Cleveland, Mexico

☆ Stocks enter 'belief' phase with most investors converted to bulls. What it means going forward
▼ + stars: | 2024-03-02 | by ( Michael Santoli | ) www.cnbc.com time to read: +9 min

The sheer persistence of the equity rally, with the S & P 500 up 16 of 18 weeks and refusing to succumb to supposed late-February seasonal weakness, has converted the cautious. Still, by some lights, stocks' valuation is one of the better sentiment indicators, and by that measure the investment community is pretty enthusiastic. More simply, we continue to see elevated but not alarming P/Es in the S & P 500 broadly while the median P/E of the top 10 names in the index remains close to past peaks." Coming at a time when the S & P 500 is more than 13% above its 200-day moving average — pretty stretched — and we haven't had even a 3% pullback since October. The "right" cyclical sectors are leading (industrials and consumer discretionary in addition to tech), and the equal-weight S & P 500 is nosing toward its old high.

Persons: Scott Rubner, maven, Goldman Sachs, there's, it's, hustled, gunning, BofA's Savita Subramanian, Citi's Scott Chronert, Barclays Venu Krishna, Lori Calvasina, haven't, I've, We've, Stocks, – Organizations: Micro, Dell Technologies, ARM Holdings, Bank of America, Barclays, Big Tech, Tech, Federal, Fed Locations: U.S

☆ S&P 500 to hit 5300 because of US economy and Big Tech stocks, says Barclays' Venu Krishna
▼ + stars: | 2024-02-29 | 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 EmailS&P 500 to hit 5300 because of US economy and Big Tech stocks, says Barclays' Venu KrishnaVenu Krishna, Barclays head of U.S. equity strategy, joins CNBC's "Money Movers" to discuss his bullish call on the S&P 500.

Persons: Venu Krishna Venu Krishna Organizations: Big Tech, Barclays

☆ Barclays raises S&P 500 target to 5,300 on tech leadership and resilient economy
▼ + stars: | 2024-02-27 | by ( Fred Imbert | ) www.cnbc.com time to read: +1 min

The market's hot start to 2024 will continue thanks to a strong tech sector and a resilient economy despite high rates, according to Barclays. The bank raised its S & P 500 target to 5,300 from 4,800. Year to date, the S & P 500 is up 6.3%, led by even more gains in tech amid excitement around artificial intelligence and the prospects of it bolstering profits. The S & P 500 tech sector is up 9.6% in 2024, outperforming the 10 other sectors. Krishna also raised his full-year earnings forecast for the S & P 500 to $235 per share from $233.

Persons: It's, Venu Krishna, Krishna Organizations: Barclays, CNBC Market, UBS, Big Tech, Tech, Nvidia Locations: Monday's

☆ India is the new Asia growth story. Here’s why investors are bullish on the outlook
▼ + stars: | 2024-02-08 | by ( Hakyung Kim | ) www.cnbc.com time to read: +7 min

As China's property market and deflation woes continue to rattle investors, India's growth outlook appears all the more impressive. Last year's annual report attributed strong revenue growth partially to expansion in the Middle East, India, and Asia, Krishna wrote. "More than revenue, India is an important area for sourcing talent" as well, Krishna wrote. Growth potential For investors looking to gain exposure to the domestic stock market, Indian equities themselves aren't especially cheap though. "You're paying for the growth potential in India, certainly.

Persons: Morgan Stanley, Chetan Ahya, Ahya, Bernstein, —, Narendra Modi, Bill Fitzpatrick, Fitzpatrick, Quincy Krosby, Venu Krishna, Aecom, Krishna, Tim Long, Long, Simon Coles, Krosby, Jeffrey Gundlach, Gundlach, CNBC's, — CNBC's Michael Bloom Organizations: Investment, Logan Capital Management, Modi, Infrastructure Pipeline, Aecom, Barclays, Cisco Systems, Juniper Networks, India —, Semiconductor, Micron Technology, Qualcomm, Logan Capital Locations: India, China, Asia, Philadelphia, South Carolina . U.S, Dallas, East, Asia Pacific, Japan, Coles , U.S, U.S, IShares

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