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"We had to wait two weeks," said Lee Bo-mi, a 35-year-old mother with a sick 3-year-old boy, at the Healthy Children's Hospital. By comparison, it costs about A$335 for initial standard consultation with an Australian paediatrician, while observation at Nationwide Children's Hospital in the U.S. costs $208 per hour, according to its website. Data from the Health Insurance Review and Assessment Service shows paediatricians are South Korea's lowest paid doctors, making 57% less than the average doctor's salary. Sowha Hospital, South Korea's oldest children's hospital, recently suspended Saturday afternoon and Sunday treatment for the first time in 77 years due to a lack of staff. "If the number of children's hospitals decreases and the number of doctors falls, it's going to be difficult to get children treated."

Persons: Song Jong, geun, Jung Seung, Kim Hong, Ji, paediatrics, Lee Bo, Dae, it's, Choi Yong, jae, Dr Lim Hyun, I'm, Kim Eun, Lee Ju, yul, there's, Lee, Lim, Joyce Lee, Robert Birsel Organizations: REUTERS, Seoul Institute, Reuters, The, of Health, Welfare, Children's, Korea University Guro Hospital, Korea Children's Hospital, Korean Pediatric Association, Nationwide Children's Hospital, Health Insurance, Service, Namseoul University, Thomson Locations: Seoul, South Korea, Ji SEOUL, Seoul's, Korea, Australian, U.S

☆ Schools remain shut in India's violence-hit Manipur despite reopening order
▼ + stars: | 2023-07-05 | by ( Zarir Hussain | ) www.reuters.com time to read: +2 min

GUWAHATI, India, July 5 (Reuters) - Nearly all schools remained shut in India's violence-hit Manipur state despite a government order to reopen them on Wednesday in a bid to restore normalcy after two months of ethnic clashes that have killed almost 120 people. Students, teachers and support staff did not show up at schools in the morning in the state in northeast India, said a state education department official who requested anonymity. Four private schools opened but all government-run schools were still closed, he added. At least 118 people have been killed and more than 40,000 displaced in the violence. Additional reporting by Krishn Kaushik; Writing by Shivam Patel; Editing by Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

Persons: Ibotombi Singh, Narendra Modi's, Giridhar Aramane, Min Aung Hlaing, Krishn Kaushik, Shivam Patel, Kim Coghill Organizations: India's, Thomson Locations: GUWAHATI, India, Manipur, Imphal, Myanmar, Kuki

☆ North Korea satellite had 'no military utility' - South Korea
▼ + stars: | 2023-07-05 | by ( Hyonhee Shin | ) www.reuters.com time to read: +3 min

[1/2] People watch a TV broadcasting a news report on North Korea firing what it called a space satellite toward the south, in Seoul, South Korea, May 31, 2023. "After detailed analysis on major parts of North Korea's space launch vehicle and satellite which were salvaged, South Korean and U.S. experts have assessed that they had no military utility as a reconnaissance satellite at all," the military said in a statement. It is the first time South Korea has secured a satellite launched by the North, South Korean military experts said. The nuclear-armed North has pursued a satellite launch programme since the 1990s and has said it would launch its first reconnaissance satellite to boost monitoring of U.S. military activities. In a key policy address in January 2021, North Korea's leader, Kim Jong Un, pledged to develop military reconnaissance satellites.

Persons: Kim Hong, Lee Choon, Yang Uk, Kim Jong Un, Hyonhee Shin, Jack Kim, Ed Davies, Gerry Doyle Organizations: REUTERS, South, Aircraft, South Korea's Science, Technology Policy, Asan Institute, Policy Studies, Workers, Party, Thomson Locations: North Korea, Seoul, South Korea, Korean, SEOUL, North, U.S, Korea, South Korean, Pyongyang, Japan

☆ Stock futures are little changed Tuesday night in a holiday-shortened week: Live updates
▼ + stars: | 2023-07-04 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

U.S. stock futures were little changed on Tuesday night as Wall Street looks to resume a holiday-shortened week. Dow Jones Industrial Average futures fell by 33 points, or 0.1%. Stocks rose slightly during the shortened trading day, with the Dow Jones Industrial Average adding 10.87 points, or 0.03%. The Dow Jones Industrial Average was the laggard, rising just 3.8%. Economists polled by Dow Jones are anticipating a rise of 0.6%, which would be greater than the 0.4% increase the previous month.

Persons: Stocks, We've, Carson Group's Ryan Detrick, CNBC's, Dow Jones, John Williams Organizations: New York Stock Exchange, Dow Jones Industrial, Nasdaq, Markets, Dow Jones, Reserve, , New York Fed, Central Bank Research Association Locations: New York City . U.S, , New, New York City

☆ Goldman's 'Rule of 10' for investing and stocks meeting that criteria today
▼ + stars: | 2023-07-04 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Goldman Sachs has a "Rule of 10" for investing that could serve traders well as they head into the second half of the year. While the poor market breadth this year was significant, Goldman Sachs said the trend is typical of most recent years. According to Goldman Sachs, it's vital to identify those names that can lead the market. Now, Goldman Sachs has updated its "Rule of 10" screen to not only identify those stocks posting faster-than-average sales growth, but net income too. Intuit is also expected to post strong net income growth of 15% through 2025, coupled with sales growth of 13% per annum.

Persons: Goldman Sachs, David Kostin, Kostin, Chipotle, Fortinet, Paycom Organizations: Bank of America, Intuit Locations: Fortinet, TurboTax

☆ Chart analyst Katie Stockton says S&P 500 has a 'better opportunity' to go to new highs thanks to megacap leaders
▼ + stars: | 2023-07-03 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

The S & P 500 has a 'better opportunity' to make new highs thanks to megacap leadership, one chart analyst said. Fairlead Strategies' Katie Stockton currently holds a 4510 objective for the benchmark index, remaining positive partly because of the uptrend in megacap tech stocks. "We've seen the cumulative advance-decline line come through some resistance of its own, and that essentially confirms the breakouts that we've seen since mid-May, and should foster a little bit of upside follow through, adding to the longevity of the trend," Stockton added. Stockton said megacap tech stocks still have "great momentum," and that they can still trend higher. To be sure, the chart analyst still encourages a balanced portfolio that also holds some Treasury and gold exposure in addition to equities.

Persons: Katie Stockton, that's, Stockton, CNBC's, We've, we've Organizations: Apple Locations: Stockton

☆ Stocks making the biggest moves midday: Tesla, Rivian, XPeng and more
▼ + stars: | 2023-07-03 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Electric vehicles — Electric vehicle makers such as Rivian Automotive surged following Tesla's better-than-expected second-quarter production and delivery numbers. The Chinese electric vehicle maker returned to growth for car deliveries. Tesla — Shares of the the Elon Musk-led electric vehicle company jumped 6% after delivery and production numbers beat analysts' expectations. Chinese internet stocks — China-based technology names rose on Monday. Solar stocks — Solar stocks SolarEdge Technologies and Enphase Energy rose more than 2% and 1%, respectively, on Monday.

Persons: Rivian, XPeng, Tesla, JD.com, Apple —, drugmaker, — CNBC's Michelle Fox, Yun Li Organizations: of Manhattan, Rivian Automotive, Lucid Group, Elon, CSI China, SolarEdge Technologies, Enphase Energy, Semiconductors —, Marvell Technology, Micron Technology, Apple, Apple — Apple, Financial, AstraZeneca —, Cambridge, AstraZeneca Locations: Meatpacking, New York City, U.S, China, England

☆ South Korea's robust economic activity in May paints brighter quarter
▼ + stars: | 2023-06-30 | by ( Jihoon Lee | ) www.reuters.com time to read: +2 min

By product, output of automobiles jumped 8.7% and semiconductors rose 4.4% over the month, whereas communication devices slumped 16.9%. The finance ministry said the data showed the economy was on a recovery path after a slight correction the previous month. Factory output will rebound in the second quarter after four consecutive quarters of loss as exports bottom out, the ministry said. South Korea's heavily trade-reliant economy barely averted a recession with growth of 0.3% in the first quarter, after contracting in late 2022 for the first time in 2-1/2 years. Retail sales rose 0.4% in May, after dropping 2.6% in April - which was the worst in five months - while facility investment jumped 3.5%, the most since August.

Persons: Kang Min Joo, Kang, Jihoon Lee, Jacqueline Wong, Christopher Cushing Organizations: Statistics, ING Economics, Thomson Locations: SEOUL, Statistics Korea

SEOUL, June 30 (Reuters) - A South Korean chip executive imprisoned over industrial espionage charges rejected allegations he had sought to build a copycat chip factory in China with sensitive information developed by Samsung Electronics. Choi is in custody at a detention centre in Suwon, a city south of Seoul where Samsung has its headquarters. Neither Foxconn or companies contracted build the Samsung plant were accused of any wrongdoing. A NAND flash chip is a storage chip that retains data even when a device is turned off, unlike a DRAM chip which loses data when the power is off. "What we were planning to build was a R&D fab and there is no R&D fab at (Samsung's) Xian plant.

Persons: Choi Jinseog, Choi, Taiwan's Foxconn, aren't, Foxconn, Kim Pilsung, XIAN Choi, Roh Hwa, Kim, Heekyong Yang, Josh Ye, Ben Blanchard, Miyoung Kim, Lincoln Organizations: Samsung Electronics, Reuters, Prosecutors, Samsung, Hai Precision Industry Co, Thomson Locations: SEOUL, Korean, China, KS, Xian , China, Suwon, Seoul, Xian, Qingdao, South, Hong Kong, Taipei

☆ The AI-powered rally to start the year could broaden out in the third quarter
▼ + stars: | 2023-06-30 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

Stocks markets are wrapping up a surprisingly strong start to the year, but whether it will continue is an open question as investors wade into a seasonally weak period for markets. Even the laggard Dow Jones Industrial Average, with few tech stocks, managed to eke out a 3.6% gain. Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla account for 80% of the gains in the S & P 500, according to UBS. The S & P 500 health sector is down almost 3% this year. Next week marks the start of July and the third quarter of 2023.

Persons: didn't, Jamie Cox, Cox, John Lynch, Harris Financial's Cox, that's, Comerica's Lynch, Kim Forrest, Nonfarm payrolls Organizations: Spring, Federal Reserve, Dow Jones, Harris Financial, Apple, Meta, Microsoft, Nvidia, UBS, Comerica Wealth Management, Nasdaq, Investors, Bokeh Capital Partners, Independence, P Global, PMI, Tuesday U.S

☆ This cruise line stock can rally another 45% after more than doubling to start the year, Jefferies says
▼ + stars: | 2023-06-30 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

Analyst David Katz upgraded Carnival to buy from hold, saying Friday the cruise line operator is benefiting from a number of changes that improves its outlook. CCL 1D mountain Carnival shares 1-day "Despite the strong YTD performance, we believe the journey from a good trade to long-term investment case remains ahead," Katz wrote. Carnival shares more than doubled this year amid a broader rally for cruise line stocks. Carnival shares rose 2% in the premarket. The firm's leadership is also ramping up sales and marketing efforts to drive demand.

Persons: Jefferies, David Katz, Katz, — CNBC's Michael Bloom Organizations: CCL, TAM

☆ Analysts are bullish on Nike shares even after the apparel giant's earnings miss
▼ + stars: | 2023-06-30 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Analysts remain bullish on Nike's direct-to-consumer strategy and brand momentum, even after the sports apparel giant's disappointing earnings results. Her $145 price target implies 27% upside from Thursday's close. He cited Nike's better-than-expected revenue, improving inventories, as well as no change to the brand's momentum in its direct-to-consumer strategy. Boss lowered his price target to $142 from $146. Her $125 price target, lowered from $135, is just 10% above Tuesday's closing price.

Persons: Goldman Sachs, Kate McShane, McShane, JPMorgan's Matthew Boss, Nike's, Friend, Boss, Bank of America's Lorraine Hutchinson, Hutchinson, — CNBC's Michael Bloom Organizations: Nike, Refinitiv, Bank of Locations: Bank of America's, North America

☆ Buy Dell shares as commercial PC market starts to recover, Citi says
▼ + stars: | 2023-06-30 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

There's a buying opportunity in Dell Technologies , and investors should capitalize on it, according to Citi. Analyst Asiya Merchant initiated coverage of Dell with a buy rating, as well as a $60 price target, citing the technology company's leadership in a category that's "poised for recovery." The analyst cited signs of early recovery in commercial PCs even as recovery in storage and compute remains uncertain. DELL 1D mountain Dell shares 1-day Dell shares are higher by 32% this year. However, the analyst's $60 price target implies the stock could rise another 12.9% from Thursday's closing price.

Persons: Asiya Merchant, Merchant, — CNBC's Michael Bloom Organizations: Dell Technologies, Citi, Dell

☆ This solar stock has a 'healthy' setup and can surge more than 50%, Bank of America says
▼ + stars: | 2023-06-30 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

SolarEdge Technologies is in a better spot after its selloff this year, and can surge more than 50%, Bank of America says. Analyst Julien Dumoulin-Smith hiked his price target on the stock and reiterated a buy rating, saying SolarEdge is in a "healthy" position. SEDG 1D mountain SolarEdge Technologies shares 1-day SolarEdge is underperforming this year, down by more than 10%, while the S & P 500 is higher by 14%. However, the analyst hiked his price objective to $396 from $379, implying shares can surge 55% from Thursday's close. "Despite lofty growth targets, we remain confident in SEDG's ability to compete in these markets, given its technological value proposition and 5-10 year track record," Dumoulin-Smith wrote.

Persons: Julien Dumoulin, Smith, SolarEdge, SEDG, Michael Bloom Organizations: Bank of America, SEDG, SolarEdge Technologies Locations: Intersolar Munich, Thursday's, Europe

☆ Stocks making the biggest moves midday: Apple, Meta Platforms, Carnival, Nike and more
▼ + stars: | 2023-06-30 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

In this photo illustration, the 2023 Apple Worldwide Developers Conference (WWDC 23) logo is displayed on a smartphone screen. Check out the companies making headlines in midday trading Friday. Citi also slapped a $240 price target on the stock, the highest on the Street. SolarEdge — The solar stock rose 3.3% after Bank of America raised its price target to $396 from $379. Bright Health Group — Shares added 2.6% in midday trading after the health insurer announced a deal to sell its California Medicare Advantage business to Molina Healthcare for roughly $600 million.

Persons: Goldman Sachs, Xpeng, —, Alex Harring, Tanaya Macheel, Sarah Min Organizations: Developers, Apple —, Citi, Journal, SEC, BlackRock, Pacific Biosciences, Bank of America, Bright Health, Molina Healthcare, Nike —, Nike, Markets Authority, Jefferies Locations: Thursday's, California

☆ Credit Suisse appoints investment banking management committee -memo
▼ + stars: | 2023-06-29 | by ( Tatiana Bautzer | ) www.reuters.com time to read: +1 min

NEW YORK, June 29 (Reuters) - Credit Suisse Group AG on Thursday appointed an investment banking management committee to oversee its integration with UBS Group AG (UBSG.S), according to a memo seen by Reuters. UBS completed its emergency takeover of embattled rival Credit Suisse in June, forging a Swiss banking and wealth management giant with a $1.6 trillion balance sheet and overseeing more than $5 trillion in assets. Michael Ebert, head of Credit Suisse for the investment bank, will lead markets within the committee. Onu Odim will oversee investment banking risk management and the chief operating officers for markets and capital markets will be Olivier Charhon and Amy Clack, respectively. The committee will be supported by other executives such as investment banking CFO Tony Bullman and Chief Risk Officer David Krauss.

Persons: Michael Ebert, Marc, Michael Furber, Tan, Onu Odim, Olivier Charhon, Amy Clack, Tony Bullman, David Krauss, Tatiana Bautzer, Chris Reese, Mark Porter Organizations: YORK, Credit Suisse Group AG, UBS Group AG, Reuters, UBS, Credit Suisse, Capital, Kuan, Thomson Locations: Americas, APAC, Asia

☆ South Korea shoppers buy up salt before Japan's Fukushima water dump
▼ + stars: | 2023-06-29 | by ( Hyun Young Yi | ) www.reuters.com time to read: +3 min

[1/5] Lee Young-Min and her children pose for photographs during an interview with Reuters in Seongnam, South Korea, June 28, 2023. The release of the water from huge storage tanks into the Pacific is expected soon though no date has been set. The rush to stock up contributed to a nearly 27% rise in the price of salt in South Korea in June from two months ago, though officials say the weather and lower production were also to blame. South Korean fisheries authorities say they will keep a close eye on salt farms for any rise in radioactivity. South Korea has banned seafood from the waters near Fukushima, on Japan's east coast.

Persons: Lee Young, Min, Kim SEOUL, Song Sang, keun, Japan's, Hirokazu Matsuno, Kim Myung, Hyun Young Yi, Jack Kim, Robert Birsel Organizations: Reuters, REUTERS, Fisheries, ., Thomson Locations: Seongnam, South Korea, Japan, Tokyo, Seoul, Korea, Fukushima, Japan's, China

☆ Stocks making the biggest moves midday: Occidental Petroleum, Wells Fargo, Micron, Joby and more
▼ + stars: | 2023-06-29 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Analyst Adam Jonas's $13 price target implies more than 70% upside from Wednesday's close for the stock. Wells Fargo climbed 3.4% while JPMorgan and Bank of America added more than 2% each. Tenaris — The pipe manufacturer rose 2.4% after Jefferies initiated coverage of the stock at a buy, citing a compelling risk-reward ratio. Occidental Petroleum - Shares of the oil giant rose nearly 1% after Warren Buffett's Berkshire Hathaway once again increased its stake. Sigilon Therapeutics — Shares soared more than 500% on news that pharmaceutical company Eli Lilly would purchase Sigilon for as much as $126.56 per share.

Persons: Freyr — Freyr Battery, Morgan Stanley, Adam Jonas's, Wells, Jefferies, Warren Buffett's Berkshire Hathaway, Eli Lilly, — CNBC's Michelle Fox, Alex Harring, Sarah Min, Yun Li Organizations: JPMorgan Chase, Bank of America —, JPMorgan, Bank of America, Micron Technology, Micron, Occidental Petroleum, Occidental, Joby, SK Telecom, Sigilon Therapeutics, Therapeutics, Food and Drug Administration Locations: Salt Lake City , Utah, Wells Fargo, China, Occidental, Houston

☆ Stocks making the biggest premarket moves: Joby, Micron, Wells Fargo, Freyr Battery and more
▼ + stars: | 2023-06-29 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Check out the companies making the biggest moves in premarket trading. Joby Aviation — Joby shares gained another 17% premarket. The aviation company announced a $100 million equity investment from South Korea's SK Telecom, expanding an existing partnership. Wells Fargo , JPMorgan Chase , Bank of America — The banks moved higher after passing the Federal Reserve's annual stress test Wednesday. Wells Fargo and Bank of America gained nearly 2%, while JPMorgan rose 1.6%.

Persons: Wells, Charles Schwab —, Morgan Stanley, Adam Jonas, Berkshire Hathaway, Overstock, Richard, —, Macheel, Jesse Pound, Sarah Min, Michael Bloom, Brian Evans Organizations: Aviation, New York Stock Exchange, Joby, South Korea's SK Telecom, Micron Technology, Micron, JPMorgan Chase, Bank of America, Federal, JPMorgan, Citizens, Providence, Occidental Petroleum —, Petroleum, Berkshire, Warren Buffett, Virgin Galactic —, Virgin Galactic Locations: New York, South, Wells Fargo, Providence , Rhode Island, Wednesday's, Virgin

CNN —Ma Khin Hla and her five siblings didn’t have time to run when a fighter jet buzzed over their village in Myanmar’s central Sagaing region. We didn’t get to run as it immediately dropped bombs.”When she opened her eyes after the strike on Tuesday, Ma Khin Hla said she saw her siblings’ bodies scattered around her. A monastery hit by the junta airstrike in Pale township, Sagaing region, Myanmar. CNN reached out to junta spokesperson Maj. Gen. Zaw Min Tun for comment on the airstrike but did not receive a response. Ma Khin Hla, whose five siblings were killed, said she has been forced to take shelter with relatives in another village.

Persons: Khin Hla, didn’t, ”, Ma Khin Hla, Zaw Htet, ” Zaw Htet, Min Aung Hlaing, “, Zaw Min Tun, Ar Lu Organizations: CNN, Facebook, Administration, Peoples Defense Forces, National Unity Government, SAC, United Locations: Myanmar’s, Sagaing, Nyaung Kone, Pale, Myanmar, Zaw, “, United Nations, Russia, China, Singapore

The announcement did not name Choi and gave only limited details, although some media subsequently identified Choi and his links with Foxconn. The unreleased 18-page indictment, reviewed by Reuters, provides details in the case against Choi, including how he is alleged to have stolen Samsung's trade secrets and details about the planned Foxconn plant. Choi's Singapore-based consultancy Jin Semiconductor won the contract with Foxconn around August 2018, according to the indictment. According to the indictment, the new Foxconn plant had planned capacity of 100,000 wafers per month using 20-nanometre DRAM memory chip technology. However, Foxconn ended the contract just a year later and only paid salaries related to the project, the lawyer said.

Persons: Kim Hong, Choi Jinseog, Taiwan's Foxconn, Choi, Kim Pilsung, Cho Young, sik, Samoo, Choi's, Chung Chan, Kim, Foxconn, Cho, HanmiGlobal, Chung, Lee Jong, Lee, Jin Semiconductor's, Yoon Suk, 1,294.4600, Heekyong Yang, Ben Blanchard, Chen Lin, Josh Ye, Miyoung Kim, Lincoln Organizations: Samsung Electronics, REUTERS, Samsung, South, Prosecutors, Reuters, Jin Semiconductor, Foxconn, Samoo Architects & Engineers, Google, SK Hynix, Samsung's, Sangmyung University, Hai Precision Industry Co Ltd, South Korean, Thomson Locations: Suwon, South Korea, SEOUL, China, Choi's Singapore, Xian , China, HanmiGlobal, South, CHINA, United States, Taipei, Singapore, Hong Kong

☆ S&P 500 futures inch lower after Tuesday's tech-fueled rally: Live updates
▼ + stars: | 2023-06-27 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

U.S. S&P 500 futures inched lower on Tuesday night. S&P 500 futures and Nasdaq 100 futures dipped 0.16% and 0.37%, respectively. Meanwhile, the S&P 500 and the Nasdaq Composite jumped more than 1% each, buoyed by a resurgence in tech stocks after last week's selloff. Federal Reserve Chairman Jerome Powell speaks Wednesday morning before a policy panel at the European Central Bank Forum on Central Banking in Sintra, Portugal. Powell will be joined by Bank of England Governor Andrew Bailey, European Central Bank President Christine Lagarde and Bank of Japan Governor Kazuo Ueda.

Persons: selloff, Jeff deGraaf, deGraaf, Jerome Powell, CNBC's Sara Eisen, Powell, Andrew Bailey, Christine Lagarde, Kazuo Ueda, Jeff Cox Organizations: New York Stock Exchange, Nasdaq, Dow Jones Industrial, Dow Jones, Investors, Macro, Federal, European Central Bank, Central Banking, Bank of England, Bank of Japan Locations: New York City ., Sintra , Portugal

☆ Baupost Group's Seth Klarman found the next 'hunting ground' for value investors
▼ + stars: | 2023-06-27 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

Baupost Group's Seth Klarman called real estate a "hunting ground" for investors searching for opportunities. "There are hunting grounds that one would want to look," the press-shy Klarman told CNBC's "Squawk Box" in an exclusive interview Tuesday morning. "We think real estate is an area that is full of so many fundamental challenges. The S & P 500 sector is down nearly 1%, even as the broader index is 12% higher. Last year, the billionaire investor posted a mid-single-digit decline, outperforming the S & P 500's double-digit retreat, according to a Financial Times report .

Persons: Baupost, Seth Klarman, Klarman, CNBC's, Warren Buffett Organizations: Investors, Harvard, Cornell, Financial

☆ Stocks making the biggest premarket moves: Walgreens, Kellogg, Eli Lilly, Delta and more
▼ + stars: | 2023-06-27 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

It also reported adjusted earnings per share for its fiscal third quarter of $1, missing a Refinitiv forecast of $1.07. Kellogg — Shares added 2.5% in premarket trading after an upgrade from Goldman Sachs to buy. Delta Air Lines — The travel stock added about 1% in premarket trading after Delta forecast full-year adjusted earnings of $6 per share, at the high end of previous guidance. American Equity Investment Life — The stock jumped 15% in premarket trading after Bloomberg reported Canadian investment firm Brookfield was close to making a deal to buy the insurance firm for approximately $4.3 billion. The Wall Street firm said it expects deteriorating trends in key markets and higher competitive supply versus its peer group.

Persons: Kellogg —, Goldman Sachs, Kellogg, Taiwan's Foxconn, Eli Lilly —, Eli Lilly, retatrutide, Morgan Stanley, —, Sarah Min, Brian Evans, Jesse Pound, Michael Bloom Organizations: Walgreens, Alliance, Lordstown Motors, Motors, U.S, Delta Air Lines, Delta, Equity Investment, Bloomberg, Resorts Locations: New York City, Brookfield

☆ Goldman says these stocks will give the biggest returns while allowing you to sleep easier at night
▼ + stars: | 2023-06-26 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Investors looking for big gains while also resting easy at night can look at these stocks, Goldman Sachs says. While the market rally stalled somewhat last week, the Nasdaq Composite remains higher by 28% in 2023, while the S & P 500 has notched a 13% gain. Still, investors seeking to ready their portfolios for further volatility ahead could search for risk-adjusted returns using the Sharpe ratio. In other words, Goldman proposes these stocks will give the biggest returns while allowing you to sleep easier at night. Goldman Sachs revisited its High Sharpe Ratio basket, adding 39 new stocks, and retaining 11 holdings.

Persons: Goldman Sachs, Wall, Sharpe, Goldman, David Kostin, Michael Bloom Organizations: Nasdaq, Dow Jones, Newell Brands, Disney, Capital, Cisco, Bank of America

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