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☆ An extraordinary run of record heat could usher in a long, hot summer — ‘and not in a good way’
▼ + stars: | 2024-04-09 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +2 min

Scientists on Tuesday confirmed that last month was the hottest March on record, extending an extraordinary run of global heat that has renewed calls for an urgent reduction in planet-warming greenhouse gas emissions. The record-breaking run stretches back to June last year. "The global average temperature is the highest on record, with the past 12 months being 1.58°C above pre-industrial levels. Chloe Brimicombe, a climate researcher at Austria's University of Graz, told CNBC that yet another month of record-breaking global heat was due to human-caused climate change. "It could be one very long hot summer and not in a good way."

Persons: Samantha Burgess, C3S, Chloe Brimicombe, We've, Brimicombe Organizations: Austria's University of Graz, CNBC, Southern Hemisphere Locations: Central Europe, Europe

☆ Every outfit Zendaya has worn to promote 'Challengers,' ranked
▼ + stars: | 2024-04-08 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +1 min

With styling by Law Roach, Zendaya is rocking tennis-inspired looks for the "Challengers" promo tour. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . She's been a Bulgari ambassador since 2020, and she furthered her relationship with LVMH by becoming a house brand ambassador for Louis Vuitton in 2023. She's also repeatedly turned to Louis Vuitton for her latest promo tour. This story is available exclusively to Business Insider subscribers.

Persons: Zendaya, Law Roach, —, She's, Louis Vuitton Organizations: Service, Business

☆ Expect stocks to rally after this week's key inflation report, Fundstrat's Tom Lee says
▼ + stars: | 2024-04-08 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Wednesday's March consumer price index report could play a pivotal role in the next stage of the stock market rally, according to Fundstrat's Tom Lee. "Bottom line: We see probabilities favoring a rally in stocks post-March CPI report," the head or research wrote in a note to clients Sunday. Recent data trending above expectations and higher oil prices have fueled worries on Wall Street that inflation is reaccelerating after a period of downward momentum, Lee noted. "Thus, March is first clean CPI print of 2024," he said. "Or rather, we view the March CPI report as more representative of the actual trend in inflation."

Persons: Tom Lee, Lee

☆ Stocks making the biggest moves midday: GE Vernova, SoFi Technologies, Tesla and more
▼ + stars: | 2024-04-08 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

GE Vernova — Shares of energy company GE Vernova, which spun off from General Electric last week, gained 5.9% following an upgrade to overweight from neutral from JPMorgan. The firm said investors should buy the dip in GE Vernova, and said shares have pulled back since the spinoff largely due to technical and flowback selling and are now trading at a discount. Tesla — The beaten-down electric vehicle maker added 5.4% after CEO Elon Musk said late Friday that Tesla will unveil its long-awaited robotaxi design on Aug. 8. UiPath — The software stock gained more than 2.3% during midday trading. SoFi Technologies — Shares gained 4.1% after Citi resumed coverage of the online personal finance company with a buy rating.

Persons: Elon Musk, Tesla, Eaton, Wolfe, Piper Sandler, Jefferies, Alex Harring, Brian Evans, Samantha Subin, Yun Li, Lisa Kailai Han Organizations: GE, GE Vernova, General Electric, JPMorgan, Taiwan Semiconductor Manufacturing, Biden Administration, Citi, Sociedad, Jefferies Locations: Arizona, U.S, Minera —, American

☆ Tesla shares have tanked 34% this year. Investors raise doubts over whether the EV maker will return to form
▼ + stars: | 2024-04-07 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

Disappointing investors Tesla's inability to meet estimates and boost demand for its models has spurrred the newfound skepticism. The comments from Wood came one day after her firm purchased nearly $40 million worth of Tesla shares. A lack of investor understanding of the value of these alternative businesses and their future contribution to Tesla profits is plaguing Tesla shares, according to Corestone Capital's Will McDonough. TSLA 1Y mountain Tesla shares over the last year "Valuing Tesla as a car company is akin to valuing Amazon as a book sale company," the investor said. "There are definitely concerns in the marketplace around demand" for Tesla vehicles, said Robert W. Baird senior research analyst Ben Kallo.

Persons: Tesla, Morgan Stanley, Adam Jonas, Wedbush's Dan Ives, Ives, Michael Sansoterra, Tim Pagliara, EVs, Sansoterra, that's, CNBC's Andrew Ross Sorkin, Cathie Wood, Wood, Brad Gerstner, Elon Musk, Corestone Capital's Will McDonough, Robert W, Baird, Ben Kallo, We're Organizations: Elon, Silvant Capital Management, Wall, Motors, Ford, Toyota, Silvant, Ark Investment Locations: U.S, China

☆ Teachers are using AI to grade essays. Students are using AI to write them
▼ + stars: | 2024-04-06 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +8 min

A report by strategy consultant firm Tyton Partners, sponsored by plagiarism detection platform Turnitin, found half of college students used AI tools in Fall 2023. The practice of using AI for writing feedback or grading assignments also raises ethical considerations. But teachers should then grade students’ work themselves when looking for novelty, creativity and depth of insight. “Using feedback that is not truly from me seems like it is shortchanging that relationship a little,” she said. She also sees uploading a student’s work to ChatGPT as a “huge ethical consideration” and potentially a breach of their intellectual property.

Persons: Diane Gayeski, “, ”, Gayeski, —, They’re, it’s, Dorothy Leidner, Leidner, Leslie Layne, Leslie Layne Leslie Layne, ChatGPT, OpenAI, Alan Reid, Layne, ” Nicolas Frank Organizations: CNN, Ithaca College, Tyton Partners, Microsoft, University of Virginia, University of Lynchburg, Houghton Mifflin Harcourt, Center for Research, Reform, Education, Johns Hopkins University Locations: Virginia, foolproof

☆ Citi says this chip stock is still its top AI pick, will overcome Taiwan earthquake disruption
▼ + stars: | 2024-04-05 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Citigroup is keeping its bullish stance on Micron Technology even as the memory chipmaker faces disruptions caused by this week's earthquake in Taiwan. Semiconductor makers across the industry have been assessing the fallout from the 7.4 magnitude earthquake that rattled Taiwan, the strongest in a quarter of a century. The island is home to a flourishing chip market, including global chip supplier Taiwan Semiconductor Manufacturing , that many U.S. companies rely on. MU YTD mountain Shares this year "Investors remain concerned about the DRAM upturn due to overcapacity in 2025," he wrote. Danely's price target on Micron implies 21% upside from Thursday's close.

Persons: Christopher Danely, Danely Organizations: Citigroup, Micron Technology, Micron, Citi, Semiconductor, Taiwan Semiconductor Manufacturing, Danely, Nvidia, MU, Investors Locations: Taiwan . Boise , Idaho, Taiwan

☆ Premarket stocks: The rally is sputtering. Earnings season could revive it
▼ + stars: | 2024-04-05 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

Investors are hoping the upcoming earnings season will help bring back this year’s banner rally. The first-quarter earnings season could get the stock rally chugging along again, some investors say. Earnings season kicks off next week with quarterly updates from Delta Air Lines, Citigroup, BlackRock, JPMorgan Chase and Wells Fargo. For the millions of recent Latino immigrants in the US, construction jobs have low barriers to entry and the openings are plentiful. The crackdown comes as its rival Netflix has attributed a jump in signups from its recent crackdown on password sharing.

Persons: Stocks, FactSet, ”, Matthew Stith, Wells, Yung, Yu Ma, Francis Scott Key, Ramishah Maruf, Gloria Pazmino, We’re, It’s, Reinaldo Quintero, “, ” Read, Samantha Murphy Kelly, Bob Iger, hasn’t, Read Organizations: CNN Business, Bell, New York CNN, Investors, Bartlett Wealth Management, Delta Air Lines, Citigroup, JPMorgan Chase, BMO Wealth Management, Bureau of Labor Statistics, CNN, Disney, CNBC, Netflix Locations: New York, BlackRock, Wells Fargo, Baltimore, America, signups

☆ Stocks making the biggest moves midday: Altice, Tesla, Krispy Kreme, Cinemark and more
▼ + stars: | 2024-04-05 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Altice USA — The cable television firm tumbled more than 12% after Wells Fargo downgraded the stock to underweight from equal weight. Krispy Kreme — Shares jumped 6% after Piper Sandler upgraded the stock to overweight from neutral. Cinemark — The movie theater chain climbed 4.4% on the back of a double upgrade to overweight from underweight by Wells Fargo. Snowflake — The cloud company added 2.5% after Rosenblatt upgraded the stock to buy from a neutral rating, citing strong customer interest. Agilent Technologies — The life sciences applications stock rose nearly 3% after Stifel upgraded it to buy from hold.

Persons: Wells, Steven Cahall, Tesla, Elon Musk, Piper Sandler, McDonald's, Cinemark, Rosenblatt, Daniel Arias, Johnson, — CNBC's Hakyung Kim, Alex Harring, Samantha Subin, Michelle Fox Organizations: USA, Reuters, EV, Investors, Energy, Citi, Technologies, Stifel, Shockwave, Johnson, Israel Locations: U.S, Wells Fargo

☆ Barry Diller thinks companies will move to a standard of four days in office with Friday flexible
▼ + stars: | 2024-04-04 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Companies may eventually transition to four days in person, with a flexible Friday option, according to Barry Diller. Which is what is going to lead to — I think sensibly — not necessarily a four-day work week, but four days in the office, and Fridays you can work from home or work at your own schedule." In the wake of the Covid-19 pandemic, companies have gravitated toward flexible working schedules, but the multitude of options has created some "chaos" at companies, according to Diller. Diller isn't the only investor calling for a more flexible working norm. During an interview with CNBC's "Squawk Box" on Wednesday, Mets owner Steve Cohen said that the growth of artificial intelligence could lead to a shortened four-day work week.

Persons: Barry Diller, CNBC's, Diller, Steve Cohen Organizations: IAC, Wednesday, Mets

☆ Morgan Stanley's Adam Jonas says Tesla $100 bear case may be 'in play' now, but notable analyst still likes the stock long term
▼ + stars: | 2024-04-04 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

"We do not believe Tesla will get credit as an AI company as long as core auto earnings are being revised down," wrote widely-followed Tesla bull Adam Jonas. The $100 bear case suggests that Tesla could fall more than 40% from Wednesday's close. These issues could hamstring Tesla near term, but Jonas expects deliveries to find a bottom in the second quarter. In fact, he views Tesla as a combination of an auto, energy, AI and robotics stock, noting that its auto business represents only 20% of Morgan Stanley's $310 price target valuation. The $310 price target, down from a previous $320, suggests that Tesla stands to gain 84% from Wednesday's close over the next 12 months.

Persons: Tesla, Morgan Stanley, Adam Jonas, Jonas, Morgan Stanley's Organizations: Tesla Network Locations: Wednesday's, China

☆ Lirvana Labs developed an AI companion that it thinks will revolutionize the classroom. Here's the pitch deck the startup used to land $5.3 million.
▼ + stars: | 2024-04-04 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +4 min

Read previewAI has been a boom for the education space, and one startup just raised millions by convincing investors that large language models and generative AI will supercharge kids' learning. The startup, Lirvana Labs, just raised $5.3 million in seed funding from Kapor Capital, Transcend Capital Partners, and Chingona Ventures, Business Insider has learned. Lirvana Labs is betting that AI can counteract these trends. The startup's tech is available via a mobile app, which costs $9.99 monthly or $69.99 annually. Check out the 13-slide pitch deck Lirvana Labs used to raise its seed-funding round.

Persons: —, Christie, Clement Pang, Pang, Christie Pang Organizations: Service, Lirvana Labs, Kapor, Partners, Chingona Ventures, Business, National Center for Education Studies, Nations Locations: Menlo Park , California, Lebanon

☆ Disney+ will crack down on password sharing in June
▼ + stars: | 2024-04-04 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +2 min

New York CNN —Disney is curbing password sharing for its Disney+ streaming service as part of a larger effort to boost signups and revenue. CEO Bob Iger, in a CNBC interview on Thursday, said its popular Disney+ streaming service will start cracking down on password sharing in June in some countries and more broadly in September. Although Disney+ and Disney’s other streaming services’ terms of service explicitly prevent customers from impersonating someone else by using their username or password, it hasn’t been broadly enforcing its policy. The crackdown comes as its rival Netflix has attributed a jump in signups from its recent crackdown on password sharing. The password crackdown had been expected for months.

Persons: Bob Iger, hasn’t, Iger, “, ” Iger, Disney, ” Organizations: New, New York CNN, Disney, CNBC, Netflix Locations: New York, signups

☆ Stocks making the biggest moves premarket: Levi Strauss, Intuitive Machines, Wayfair and more
▼ + stars: | 2024-04-04 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Hertz Global — The car rental stock slid nearly 5% following a downgrade to sell from neutral at Goldman Sachs. Wayfair — The home-focused e-commerce retailer rose nearly 5% following an Evercore ISI upgrade to outperform from in line. For the period, the retailer posted adjusted earnings of 26 cents per share on $1.56 billion in revenue. Conagra reported earnings of 69 cents per share on revenue of $3.03 billion, exceeding FactSet's estimates of 65 cents per share on revenue of $3.01 billion. Intuitive Machines — The space stock soared nearly 11% after Intuitive won a NASA contract for $30 million to build a lunar terrain vehicle.

Persons: Goldman Sachs, Lizzie Dove, Morgan Stanley, Wayfair, Levi Strauss —, Conagra, Lamb Weston, FactSet, — CNBC's Alex Haring, Sarah Min, Samantha Subin Organizations: Hertz, Goldman, Zeta Global, Zeta's, LSEG, NASA

☆ Stocks making the biggest moves midday: Intel, Spotify, Ulta Beauty and more
▼ + stars: | 2024-04-03 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Spotify Technology – The music-streaming company popped more than 8%. Bloomberg reported that Spotify is upping prices for its premium subscription service within several markets, including the U.S. Ford Motor announced that first-quarter U.S. sales rose 7% from a year ago, while electric vehicle sales jumped 86%. SoFi Technologies – Shares of the financial technology company rose 4.7% after Needham initiated coverage with a buy rating . GE Aerospace – GE Aerospace surged more than 6%, a day after the conglomerate once known as General Electric completed the spinoff of its power business.

Persons: Ulta, Dave, Buster's, Wells, Tesla, Nelson Peltz, Needham, —, Alex Harring, Hakyung Kim, Tanaya Macheel, Jesse Pound Organizations: Intel, Spotify Technology, Bloomberg, Spotify, U.S, Cal, Disney – Disney, Signet, Ford, Ford Motor, GE Aerospace – GE Aerospace, Electric, GE Vernova, New York Stock Exchange Locations: Cal, Maine

☆ Cathie Wood buys more Tesla, says now 'is not the time to run for the hills'
▼ + stars: | 2024-04-03 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Now is not the time for investors to bail on Tesla , according to Ark Invest CEO Cathie Wood. Tesla shares have slumped more than 33% since the start of the year as it faces rising competition in China and slowing demand for electric vehicles, with the Elon Musk-run company reporting an 8.5% year-over-year decline in first-quarter deliveries earlier this week. Despite this recent pressure, Wood believes that the stock could hit $2,000 in the next five years. TSLA YTD mountain Tesla, YTD That's evident from recent moves at the investment firm. Wood snatched up 182,052 shares for the flagship ARK Innovation ETF , 42,744 shares for the ARK Next Generation Internet ETF , and 10,202 for the ARK Autonomous Technology & Robotics ETF , according to the firm's daily trading data from Tuesday.

Persons: Cathie Wood, it's, Tesla, CNBC's Andrew Ross Sorkin, Wood Organizations: Ark Invest, Elon, Innovation, ARK Autonomous Technology & Robotics Locations: China

☆ Cathie Wood says she’s not buying Reddit at this price, but long term it’s an AI play
▼ + stars: | 2024-04-03 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Ark Invest CEO Cathie Wood is holding off buying shares of the recent IPO Reddit at current prices, despite a long-term belief in the company's artificial intelligence prospects. "We don't think it's a meme stock," Wood told CNBC's Andrew Ross Sorkin during a " Squawk Box " interview Wednesday. RDDT YTD mountain Reddit shares since going public To be sure, Wood bought Reddit on the offering but said she's avoiding purchasing more after its run-up. Reddit went public last month in the first initial public offering of a major social media company since Pinterest 's debut in 2019. Reddit's offering came amid a slow revival in the IPO market following a two-year dry spell.

Persons: Cathie Wood, Wood, CNBC's Andrew Ross Sorkin, Reddit Organizations: Twitter, New York Stock Exchange, Arm Holdings Locations: Reddit

☆ World Central Kitchen: Who were the killed aid workers?
▼ + stars: | 2024-04-03 | by ( Robert Picheta | ) edition.cnn.com time to read: +7 min

CNN —The non-profit World Central Kitchen (WCK) has named its seven aid workers who were killed in an Israeli military strike in Gaza on Monday, praising their “beautiful souls,” as international condemnation over the incident grows. From World Central KitchenJohn Chapman, James Henderson and James KirbyThe three Brits killed were John Chapman, 57, James “Jim” Henderson, 33, and 47-year-old James Kirby. From World Central KitchenLalzawmi “Zomi” FrankcomAustralian Prime Minister Anthony Albanese praised Lalzawmi “Zomi” Frankcom, citing her previous humanitarian efforts. From World Central KitchenWhat is the World Central Kitchen? In a Reuters interview, Andres accused Israel of “systematically” targeting the seven WCK aid workers.

Persons: Erin Gore, WCK, Frankcom, Damian Soból, Jacob Flinkinger, John Chapman, James, Jim, Henderson, James Kirby, James Henderson, James “ Jim ” Henderson, Kirby, Adam McGuire, Benjamin Netanyahu’s, Chapman, ”, “, Abutaha, Ahmad Al, Seif, Jacob Flickinger Jacob Flickinger, Samantha Power, Flickinger, Joe Biden, Biden, Damian Sobol, Wojciech Bakun, Donald Tusk, Netanyahu, Sobol, Anthony Albanese, Lalzawmi, ” Albanese, José Andrés, Andrés, Andres, Israel, ” Andres Organizations: CNN, Canada, Israel Defense Forces, IDF, Sky News, Media, WCK, Facebook, United Arab, Canadian, Central, Poland’s, Israel, Hamas, Reuters, NGO Locations: Gaza, Australian, British, Afghanistan, Bosnia, Palestinian, Ajman, United Arab Emirates, Dubai, US, Israel, United States, Canada, Przemysl, Poland, Przemyśl, Australia, Asia, warzones, Haiti, Cairo, Egypt, UN, Cyprus

☆ Bob Iger may prevail in Disney’s boardroom showdown, but the battle has not left him unscathed
▼ + stars: | 2024-04-03 | by ( Oliver Darcy | ) edition.cnn.com time to read: +6 min

New York CNN —The battle for the future of Disney is about to reach its epic conclusion. Nelson Peltz, founder and chief executive officer of Trian Fund Management, has continually criticized Disney CEO Bob Iger. The forces that have tormented Iger will be banished to the shadows, exiled outside of the Magic Kingdom for now. The "Partners" statue of Walt Disney and Mickey Mouse, at Cinderella Castle at the Magic Kingdom, at Walt Disney World. The future of Disney is up for grabs in the proxy-fight between Iger and Peltz.

Persons: Nelson Peltz, Bob Iger, Peltz, Jay Rasulo, Rasulo, Disney’s “, Marco Bello, Iger, Bob Chapek, ” Barton Crockett, CNN’s, Samantha Delouya, George Lucas, Laurene Powell Jobs, Morgan, Jamie Dimon, Walt, Roy Disney, Abigail Disney, Ike Perlmutter, Trian, they’ll, Walt Disney, Mickey Mouse, Joe Burbank, ”, it’s, King, Hollywood, “ Iger Organizations: New York CNN, Disney, Trian, Management, Netflix, Trian Fund Management, Bloomberg, Rosenblatt Securities, “, Former Marvel Entertainment, Services, Magic Kingdom, Magic, Walt Disney World, Orlando Sentinel, Tribune, Service Locations: New York, Iger

☆ Disney trounces activist shareholders in a major win for Bob Iger
▼ + stars: | 2024-04-03 | by ( Allison Morrow | Hadas Gold | ) edition.cnn.com time to read: +5 min

New York CNN —Disney won a hard-fought proxy battle against a group of activist investors who sought to secure seats on the company’s board of directors. Disney’s board triumphed by what the company called “a substantial margin” over the nominees put forward by Trian Fund Management and Blackwells Capital at its annual shareholder meeting. Iger didn’t just beat Trian’s Nelson Peltz, but trounced him, according to a person familiar with the vote count. Jay Rasulo, the former Disney finance chief who joined Peltz’s attempt, also lost by a wide margin, the person said. Retail shareholders, which hold roughly 35% of Disney stock, also voted overwhelmingly – 75% – for Disney’s candidates.

Persons: New York CNN — Disney, Bob Iger, Disney’s, —, Trian, didn’t, Trian’s Nelson Peltz, Jay Rasulo, Peltz’s, Peltz, ”, ” Iger, ” Peltz, Iger, CNN’s Oliver Darcy, Samantha Delouya, Oliver Darcy Organizations: New, New York CNN, Trian Fund Management, Blackwells, Disney, Retail, Financial Times, Republicans, Marvel, CNBC, Trian Partners Locations: New York, refocusing, Trian

☆ Andy Cohen says he wishes he kept his mouth shut about Kate Middleton
▼ + stars: | 2024-04-02 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +2 min

Read previewAndy Cohen finally addressed his commentary on Kate Middleton. Andy Cohen speculated about Kate's well-being on social mediaBefore Kate's announcement, Cohen contributed to the speculation around the princess. AdvertisementBut on Monday, Cohen said on his SiriusXM show "Radio Andy" that he regretted saying anything about Kate online. "I just want to say I am heartbroken by the news about Princess Kate," Cohen said. "We are all praying for Princess Kate and King Charles," Cohen added.

Persons: —, Andy Cohen, Kate Middleton, Wales, wouldn't, Kate, King Charles, BBC Studios Kate, Cohen, Prince William, X, Cohen didn't, Stephen Colbert, Blake Lively, Andy, Princess Kate Organizations: Service, Kensington Palace, Business, BBC Studios, TMZ, Sun, Sky News Locations: Kensington, Windsor

☆ The battle over Disney’s future is about to be decided in a high stakes board vote
▼ + stars: | 2024-04-02 | by ( Hadas Gold | Samantha Delouya | ) edition.cnn.com time to read: +8 min

Two competing slates of board seats are now up for a vote against Disney’s. Peltz has criticized Disney’s recent theatrical flops and said the company should reach “Netflix-like margins” with its Disney+ streaming service, among other issues. If Peltz is successful, he and Rasulo could gain up to two seats on the board, displacing Disney’s picks. More than 35% of Disney’s shares are held by these individuals, who could seriously sway the vote. The influential advisory firms Institutional Shareholder Service and Egan-Jones have also thrown their support behind Peltz for at least one seat on the board.

Persons: Nelson Peltz, Jay Rasulo, Peltz, Ike Perlmutter, Bob Iger, ” Barton Crockett, Disney, ” Trian, Rasulo, Iger, Bob Chapek, Peltz —, —, It’s, ” Peltz, Perlmutter, ”, “ They’ve, ’ ” Crockett, Anna, Elsa, Ludwig Von Drake, “ Disney, George Lucas, Jamie Dimon, Michael Eisner, Laurene Powell Jobs, Abigail E, they’ve, ” Jessica Reif Ehrlich, “ Nelson Peltz, Neuberger Berman, Egan, Jones, ” Crocket, CNN’s Liam Reilly, Krystal Hur Organizations: CNN, Disney, Magic Kingdom, Disney’s, Trian Fund Management, Blackwells, Marvel, Netflix, Rosenblatt Securities, ESPN, ABC, Google, JPMorgan Chase, BofA Securities, California, Service Locations: Trian

☆ Another analyst is saying 'all AI roads' lead to this under-the-radar global chip stock
▼ + stars: | 2024-04-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

The boom in demand for artificial intelligence leads back to this global chip supplier, according to Susquehanna. Analyst Mehdi Hosseini upped his estimates on the semiconductor manufacturer Taiwan Semiconductor Manufacturing as wafer average selling prices improve, saying that "all AI roads originate from TSM." The firm joins JPMorgan in asserting that "all AI roads" lead to the global chipmaker. Taiwan Semiconductor is coming off a strong start to 2024. Taiwan Semiconductor, a supplier to chip giants such as Nvidia , Advanced Micro Devices and Qualcomm , could rally another 27% based on the firm's $180 price target.

Persons: Mehdi Hosseini, TSM Organizations: Taiwan Semiconductor Manufacturing, Taiwan Semiconductor, JPMorgan, Susquehanna, Semiconductor, Nvidia, Devices, Qualcomm Locations: Susquehanna, TSM, U.S

☆ The 7 biggest home-staging mistakes people make when trying to sell their house
▼ + stars: | 2024-04-02 | by ( Erin Mcdowell | Samantha Grindell | ) www.businessinsider.com time to read: +1 min

Staged homes sell 88% faster and for 20% more than non-staged homes, a report found. Interior designer Dan Mazzarini and home stager Meridith Baer shared common home-staging mistakes. Business Insider spoke to Dan Mazzarini, an interior designer and the creative director at BHDM Design , and Meridith Baer, the owner of Los Angeles-based luxury home-staging company Meridith Baer Home, about the biggest mistakes people make when staging. AdvertisementA 2023 report by Realtor.com also found that staged homes sell 88% faster and for an average of 20% more than non-staged homes. Here are the biggest home-staging mistakes people make when trying to sell their house.

Persons: Dan Mazzarini, Meridith Baer, —, Realtor.com Organizations: Service, Business, National Association of Realtors Locations: Interior, Los Angeles

☆ Stocks making the biggest moves premarket: PVH, UnitedHealth, CVS Health, ChampionX and more
▼ + stars: | 2024-04-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

PVH — Shares of the Calvin Klein and Tommy Hilfiger parent tanked more than 21% on weak revenue guidance for the first quarter and full year. Humana , UnitedHealth — Health insurance managed care stocks declined after the Center for Medicare and Medicaid Services announced rates for the 2025 calendar year will increase 3.7%, as previously proposed. Humana shed 9.6%, while CVS Health tanked 5.3%. GE Aerospace — General Electric shares ticked higher by 0.6% after the company completed spinning off its energy business from its aerospace business. GE Vernova will begin trading on the New York Stock Exchange at market open under the ticker GEV, while General Electric — which becomes GE Aerospace — will keep the GE ticker symbol.

Persons: Calvin Klein, Tommy Hilfiger, Estee Lauder —, Estee Lauder, Blackstone — Blackstone, —, Sarah Min, Hakyung Kim, Jesse Pound Organizations: Center, Medicare, Services, CVS, UnitedHealth, Citi, Blackstone, UBS, Trump Media, Technology, Truth, Bank of America, GE Aerospace — General Electric, GE Vernova, New York Stock Exchange, General, GE Aerospace, GE, SLB Locations: Europe

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