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☆ UBS downgrades Snap after earnings, says rising competition will keep pressure on stock
▼ + stars: | 2023-02-01 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Snap may have trouble keeping up with ever-rising competition going forward, according to UBS. He also reiterated a price target of $10, which implies downside of 13.5% from Tuesday's close, and trimmed his 2023 revenue outlook on Snap. "We see increasing competition everywhere," analyst Lloyd Walmsley wrote in a client note on Wednesday. Given the magnitude of competition and Snap's relatively subscale nature, we see risk to revenue acceleration. Other analysts also grew more cautious on the stock after Snap's latest quarterly report.

☆ UK set for biggest strike action in years as teachers, civil servants walk out
▼ + stars: | 2023-02-01 | by ( Michael Holden | ) www.reuters.com time to read: +4 min

On Wednesday, about 300,000 teachers will take action, along with 100,000 civil servants from more than 120 government departments, and tens of thousands of university lecturers and rail workers. 'MOST DAYS LOST FOR 30 YEARS'Between June and November, more days were lost to industrial action than in any six months for over 30 years, according to official data. An Ipsos poll released on Wednesday suggested the public was divided on the multiple strike action, with 40% supporting the action and 38% opposed. It put the estimated impact of the teachers' strikes at about 20 million pounds a day. ($1 = 0.8130 pound)Reporting by Michael Holden, Alistair Smout and William Schomberg; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

☆ We like Amazon and Alphabet a lot, says Morgan Stanley's Brian Nowak
▼ + stars: | 2023-01-13 | 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 EmailWe like Amazon and Alphabet a lot, says Morgan Stanley's Brian NowakBrian Nowak of Morgan Stanely breaks down his price targets for Amazon and Alphabet, and what he is looking for in these tech stocks.

☆ Six N.F.L. Players Show Football’s Grind on Their Feet and Hands
▼ + stars: | 2023-01-11 | by ( Ken Belson | Joe Drape | ) www.nytimes.com time to read: +19 min

Players Show Football’s Grind on Their Feet and HandsOver the course of the long and brutal N.F.L. season, players’ feet and hands take a beating on nearly every snap. But in practice a few days later, he was running drills and landed awkwardly, spraining an ankle and stretching the tendons in his right foot. The next week Jones caught six passes for 109 yards and three touchdowns as the Jaguars shocked the Dallas Cowboys, 40-34. “The therapist spends a lot of time on my hands and feet,” he said.

☆ How big a threat is ChatGPT to Google? Morgan Stanley breaks it down
▼ + stars: | 2023-01-10 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

But the latest artificial intelligence trend taking the industry by storm could spell trouble for Google-parent Alphabet 's profitability near term, according to Morgan Stanley. This emerging threat, known as ChatGPT, went viral when it debuted in November, amassing a million users within days of its launch. Nowak estimates that every 10% of Google searches that shift to artificial intelligence, or natural language queries, could increase costs by $6 billion in 2025 for the tech company. To be sure, Google could overcome the challenges posited by ChatGPT and surprise analysts by creating a more efficient tool. "This, to us, speaks to GOOGL's challenge and the profit disruption threat as it looks to continue to innovate/lead while also protecting/delivering FCF for investors through a weakening macro environment with slowing ad growth," Nowak wrote.

☆ Microsoft reportedly plans to invest $10 billion in creator of buzzy A.I. tool ChatGPT
▼ + stars: | 2023-01-10 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Microsoft plans to invest $10 billion in OpenAI, the startup behind popular artificial intelligence tool ChatGPT, according to a report from Semafor. A bet on ChatGPT could help Microsoft boost its efforts in web search, a market dominated by Google . Brian Nowak, the bank's lead analyst on Alphabet, wrote that language models could take market share "and disrupt Google's position as the entry point for people on the Internet." OpenAI, which was founded by Silicon Valley entrepreneur Sam Altman in 2015, launched its ChatGPT to the public in late November. Five days after OpenAI released ChatGPT, Altman said that the chat research tool crossed 1 million users.

☆ A senior union boss says Elon Musk is a 'perfect recruitment tool' for the trade union movement after the billionaire slashed Twitter's workforce
▼ + stars: | 2023-01-05 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Elon Musk is a "perfect recruitment tool," for trade unions, a senior UK union boss told Politico. The number of Twitter staff joining one union has increased "tenfold" since Musk took over, Paul Nowak said. Musk has slashed Twitter's workforce and mandated long hours from remaining staff since his October takeover. "Elon Musk is a perfect recruitment tool for the trade union movement," the recently appointed head of Britain's Trade Union Congress, Paul Nowak, told Politico. If staff didn't sign up to his plan by the end of the day on November 17, they would be laid off.

☆ Morgan Stanley sees these names rebounding after heavy tax-loss selling at the end of 2022
▼ + stars: | 2023-01-03 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

With a new year underway, there's an opportunity to scoop up some names that investors sold to save on taxes in 2022, according to Morgan Stanley. In fact, Morgan Stanley fielded more inquiries on tax-loss selling strategies in 2022 than in any other year, analyst Todd Castagno wrote in a note Friday. Morgan Stanley looked for those popular stocks that have derated but may be repurchased once the tax loss is realized. Plug Power has the most upside to Morgan Stanley's price target — a whopping 288%. Morgan Stanley named the solar energy company a top pick after the Inflation Reduction Act was signed into law in August.

"We're recovering from the worst storm I've ever seen, certainly in terms of death from mother nature's wrath," he said. Progress was slow due to the sheer volume and depth of the snow, which Poloncarz said "is not plowable." [1/7] A "let’s go Buffalo" sign is seen behind an abandoned car on the road following a winter storm in Buffalo, New York, U.S., December 27, 2022. New York Governor Kathy Hochul called it an "epic, once-in-a-lifetime" weather disaster, the worst blizzard to hit the Buffalo area in 45 years. Buffalo residents with plows attached to their Jeeps and pickup trucks helped clear side streets.

☆ Could ChatGPT challenge Google? Morgan Stanley says the search giant has nothing to worry about.
▼ + stars: | 2022-12-15 | by ( Emilia David | ) www.businessinsider.com time to read: +4 min

Morgan Stanley says the pessimistic case for Google is natural language search models like ChatGPT could swipe users that would otherwise use Google to find information. ChatGPT has a lot of catching up to meet the same number of users Google gets in a day. Morgan Stanley said the company is considered the leading tech giant in research and investment into the space, which will not change. For example, DeepMind, a Google-owned AI research lab, announced a new app called Dramatron that generates film scripts. What is becoming clear, Morgan Stanley said, is that the interest in ChatGPT will attract more money into AI.

☆ Google vs. ChatGPT: Here's what happened when I swapped services for a day
▼ + stars: | 2022-12-15 | by ( Sofia Pitt | ) www.cnbc.com time to read: +11 min

Either way, I wanted to see how well the chatbot would work as an alternative to Google's search engine. Instead of Googling my questions throughout the day, I asked ChatGPT. I normally would have asked Google what to do. Instead, I asked ChatGPT. On the other hand, there are also potential limitations to using ChatGPT as a search engine.

☆ Morgan Stanley weighs in on the ChatGPT obession and the risk to Google's search business
▼ + stars: | 2022-12-14 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Google and search go together like Kleenex and tissues, Band-Aid and bandages and Crock-Pots and slow cookers. In other words, Google's brand is so connected to search that people talk about googling for information they need, even if they use an alternative search engine. ChatGPT may pose an emerging threat to the artificial intelligence industry, but Google's sheer scale, size, and dominance in the search business positions it well for battle, according to Morgan Stanley analyst Brian Nowak. In the long run, however, don't be surprised if ChatGPT, or other AI competitiors, impact consumer behavior patterns around travel search, he added. "While we believe the near-term risk is limited – we believe the use case of search (and paid search) is different than AI-driven content creation – we are not dismissive of threats from new, unique consumer offerings," Nowak wrote.

☆ Google execs warn company's reputation could suffer if it moves too fast on AI-chat technology
▼ + stars: | 2022-12-13 | by ( Jennifer Elias | ) www.cnbc.com time to read: +7 min

Some of them are wondering where Google is in the race to create sophisticated chatbots that can answer user queries. After all, Google's prime business is web search, and the company has long touted itself as a pioneer in AI. Billions of people across the globe use Google's search engine, while ChatGPT just crossed 1 million users in early December. Taking Google 'for granted'Employees had other concerns about Google search. Industry estimates still show that Google holds at least 90% of the search market, and the company remains under scrutiny by regulators.

☆ Celine Dion has stiff-person syndrome, a one-in-a-million diagnosis. These are its symptoms.
▼ + stars: | 2022-12-08 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Aria-Bendix-Byline-Jm.Jpg | Aria Bendix | ) www.nbcnews.com time to read: +4 min

Celine Dion's diagnosis with stiff-person syndrome has brought public attention to the rare neurological disorder, which affects roughly one or two out of every million people. People with stiff-person syndrome often experience rigidity in their torso and limbs, as well as severe muscle spasms that can cause them to fall down. Stiff-person syndrome overall disrupts the normal pathways of communication between the brain and the muscles. A small minority of cancer patients may also produce antibodies that attack the nervous system and trigger stiff-person syndrome, Helfgott added. Because many symptoms of stiff-person syndrome overlap with those of Parkinson’s disease, multiple sclerosis, fibromyalgia or anxiety, it often takes time to diagnose.

☆ Morgan Stanley downgrades Airbnb on travel demand concerns, see shares falling the next 12 months
▼ + stars: | 2022-12-07 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

After a tough year, Morgan Stanley sees even more downside for Airbnb . Nowak pointed to potentially slowing active listings growth over the next few years as a key risk for the stock. Slowing listings also makes Morgan Stanley's bear case on the stock more likely, the analyst said. He noted that the stock could fall as low as $60 per share, which would be 35.6% below Tuesday's close. Earlier this year, sources told CNBC that Airbnb was closing its domestic business in China.

☆ These favored stocks are down by more than 20% and are poised to pop soon, says Morgan Stanley
▼ + stars: | 2022-11-26 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +3 min

Morgan Stanley highlighted stocks that may be good contenders that are "ripe for repurchase" after investors have realized their tax losses. Morgan Stanley's Brian Nowak cut his price target on Alphabet last month to $125 from $135. Meanwhile, Disney , which whiffed on Wall Street's expectations for top and bottom lines , is also on Morgan Stanley's list. Advanced Micro Devices also caught Morgan Stanley's attention. Shares have taken a beating in 2022, toppling over by 47%, but Morgan Stanley remains positive.

☆ Morgan Stanley analyst explains why he is still bullish on Amazon
▼ + stars: | 2022-11-18 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMorgan Stanley analyst explains why he is still bullish on AmazonMorgan Stanley's Brian Nowak says the firm expects improving profitability in retail.

☆ Analysts remain confident in Amazon long term as shares crater, expect 'redemption story' ahead
▼ + stars: | 2022-10-28 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Amazon 's disappointing quarterly results signaled to analysts that even the giants aren't immune to a macro slowdown. Analysts trimmed price targets and estimates to reflect a broader macro slowdown at the e-commerce giant following the results, with analysts at Deutsche Bank and Wolfe Research saying it's time to "batten down the hatches." However, most analysts remain bullish on the company's long-term trajectory, maintaining their outperform and buy ratings on the stock. That said, analysts across the board trimmed price targets and estimates to reflect the broader macro pressures. He trimmed his price target on the stock to $137 from $157 a share, suggesting 23% upside ahead for the stocks.

☆ Morgan Stanley downgrades Meta after earnings miss, says higher spending will hurt the stock
▼ + stars: | 2022-10-27 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

Meta's latest quarterly earnings results should give investors pause, according to Morgan Stanley. Analyst Brian Nowak downgraded shares of Meta to equal weight from overweight, and roughly halved his price target on the social media stock, citing higher capital expenditures and lower free cash flow from the company. "While these investments could make META stronger over 5 years, we see '23 FCF heading 60% lower and higher risk to prove ROIC and incremental growth." The analyst slashed his price target to $105 from $205. Meta shares have already cratered 61% this year, as the tech company deals with an ad spending slowdown, Apple's privacy changes and greater competition from TikTok.

☆ Wall Street analysts are worried about Meta as it plans to spend even more money on the metaverse
▼ + stars: | 2022-10-27 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

Meta 's third-quarter results have Wall Street analysts split on the struggling tech stock. Morgan Stanley's Brian Nowak downgraded shares of Meta to equal weight from overweight after the results , and slashed its price target to $105 from $205. Cowen's John Blackledge downgraded Meta to market perform from outperform, and lowered his price target to $135 from $205 prior, citing the higher opex and capex trajectory. JPMorgan's Doug Anmuth slashed his Meta price target to $115 per share from $180, noting that it's unclear when the Facebook parent will see a return on its big metaverse and AI investments. Meanwhile, AllianceBernstein's Mark Shmulik, who maintained an outperform rating while lowering the price target to $135 from $195, said the "shocking cost guidance overshadows reasonable core."

☆ Meta shares plunge 23% on downgrades, missed earnings and big spending on metaverse
▼ + stars: | 2022-10-27 | by ( Sofia Pitt | ) www.cnbc.com time to read: +1 min

Shares of Meta plunged 23% in premarket trading Thursday as investors and analysts digested the company's third-quarter earnings miss and a weak fourth-quarter outlook. The parent company of Facebook reported quarterly revenue of $27.7 billion Wednesday, a decline of more than 4% year over year and its second straight quarterly decline. Meta CEO Mark Zuckerberg reiterated his commitment to spending billions of dollars developing the metaverse. He expects the company's issues to persist as Meta continues to increase spending to build out its AI capabilities. Since the start of the year, Meta shares are down by more than 61%.

☆ The US never banned asbestos. These workers are paying the price.
▼ + stars: | 2022-10-23 | by ( Kathleen Mcgrory | Neil Bedi | ) www.businessinsider.com time to read: +39 min

But protocols failed to match reality at the Niagara Falls plant, according to more than a dozen workers. In addition to those signature diseases, which are rare even among asbestos workers, the tiny strands can harm the body in other ways. In the 15 years that followed, congressional attempts to ban asbestos would continue to fall short. OSHA declined to make an official available for an on-the-record interview or comment on ProPublica's findings at the Niagara Falls plant. At the OxyChem plant in Wichita, union president Keith Peacock said he was comfortable with the way asbestos was handled.

☆ Is the Uber, Lyft and gig economy battle over workers nearing its end game?
▼ + stars: | 2022-10-16 | by ( Tim Mullaney | ) www.cnbc.com time to read: +6 min

With federal regulators set to tighten Trump-era labor standards that let Uber and Lyft, as well as food-delivery services like Doordash, treat gig workers as independent contractors with few protections under labor law, shares dropped sharply last week. But while a shift, the Department of Labor proposal doesn't immediately transform gig workers into employees entitled to overtime pay, unemployment insurance and other benefits. "It seems like the start of a Game of Thrones battle between the Department of Labor and the gig economy,' Wedbush analyst Dan Ives said. Uber believes the Department of Labor is focused less on ridesharing and more on industries such as construction that also use gig workers, pointing out that the proposed rule doesn't single out rideshare drivers. Uber drivers also supply their own cars and gasoline, though the company in March added a per-trip fuel surcharge that goes directly to drivers.

☆ Oamenii de ştiinţă au reuşit să fotografieze cu adevărat o planetă dintr-un alt sistem stelar
▼ + stars: | 2020-10-11 | by ( ) tvrmoldova.md time to read: +2 min

Planeta, numită „b Pictoris c”, este situată la aproape 63 de ani-lumină de Pământ în sistemul Beta Pictoris. Oamenii de ştiinţă au descoperit existenţa planetei prin studierea efectelor pe care aceasta le avea asupra orbitei stelei sale părinte. O orbită completă a exoplanetei durează 28 de ani pământeni„Asta înseamnă că acum putem obţine luminozitatea şi masa exoplanetei. Asta este regula generală”, a explicat Mathias Nowak, autorul principal al studiului publicat în jurnalul Astronomy and Astrophysics, potrivit Futurism. Înainte să determine masa, oamenii de ştiinţă vor trebui să aştepte pentru a primi destule date de velocitate radială.

Persons: Mathias Nowak, Frank Eisenhauer, Max Planck Organizations: Beta Locations: Chile, explanetă

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