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[1/2] Tesla Chief Executive Officer Elon Musk gets in a Tesla car as he leaves a hotel in Beijing, China May 31, 2023. Months after seeking clearance for its own $1 billion investment in India, BYD is no longer keen to pursue the approval, Reuters reported. India has told Tesla it will allow its Chinese suppliers into the country if they forge partnerships with local firms, just like Apple did. Tesla does not currently sell vehicles in India. "Add to that an affordable product tailored for the Indian market and it has the potential to be a hit locally."

Persons: Elon Musk, Tingshu Wang, Elon, BYD, Tesla, Narendra Modi, Modi, Gaurav Vangaal, Tesla's, Sam Fiorani, Aditi Shah, Aftab Ahmed, Aditya Kalra, Shivangi Acharya, Kim Coghill Organizations: Tesla, REUTERS, Economic, Indian, Reuters, EVs, Apple, Global Times, P Global Mobility, Tata Motors, Toyota, Hyundai Motor, Kia, AutoForecast Solutions, Thomson Locations: Beijing, China, India, New Delhi, Thailand, New York, Shanghai

☆ What happened to the Chinese travel boom everyone was waiting for? It stayed in China
▼ + stars: | 2023-07-26 | by ( Monica Pitrelli | Lisa Lucas | ) www.cnbc.com time to read: +5 min

"However, another reason is that domestic tourism has won in prestige and also in quality," Arlt told CNBC Travel. Now, Chinese travelers may be looking to venture beyond the region. "This creates business need for increased flights but has also seen increased Chinese media coverage and general interest in the region which will have knock-on effects for more general travel interest." 3 on a list of expenditures where Chinese travelers said they would increase spending this year — after dining out, and fitness and wellness. Source: Morning ConsultThis mirrors Skift's report, which shows 50% of Chinese travelers say they plan to travel internationally in the next 12 months.

Persons: Wolfgang Georg Arlt, Skift, Arlt, Scott Moskowitz, Moskowitz, Zs Organizations: Tourism Research Institute, Domestic, CNBC Travel, Reuters, Morning Locations: China, Asia, Pacific, Thailand, Singapore, Indonesia, Philippines, Europe, Central America, Antarctica, East, Northern Africa, Egypt, United States, North Africa, North America, Canada, Ukraine

☆ Here are Tuesday's biggest analyst calls: Apple, Disney, Costco, Nike, Imax, Walmart, Meta & more
▼ + stars: | 2023-07-25 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Tuesday's biggest calls on Wall Street: UBS reiterates Nike as buy UBS said it's getting incrementally bullish on the stock and that it could double. " BTIG upgrades Zscaler to buy from neutral BTIG said its checks on the IT stock have been "consistently positive." Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's standing by its overweight rating heading into Apple earnings next week. Goldman Sachs reiterates Apple as buy Goldman said it's standing by its buy rating heading into earnings next week. Morgan Stanley names Elevance a top pick Morgan Stanley named the health insurance provider as a top pick and said it sees further earnings per share growth.

Persons: it's, Morgan Stanley, Apple, Piper Sandler, Wells, Goldman Sachs, Goldman, Mizuho, Oppenheimer, TSCO, Citi downgrades Goldman Sachs, TD Cowen, Wolfe, Baird, HWM, Elevance, Comm, Flywire Organizations: UBS, Nike, Apple, Walmart, Piper, Signet, Superior Unit, Costco, Citi, adv, 2Q, Meta, Digital Ad, Bank of America downgrades, Supply, Bank of America, HSBC, Zynga, Disney, Mizuho, Howmet Aerospace, Airbus Locations: Wells Fargo, 2Q23

☆ Barbie is the star of the summer's hottest blockbuster. The much-hyped movie is the pinnacle of a 60-year history filled with rejections, lawsuits, and controversies for the world's most iconic doll.
▼ + stars: | 2023-07-21 | by ( Grace Dean | ) www.businessinsider.com time to read: +1 min

Ruth Handler wanted to make an adult fashion doll but Mattel's team shot her downChesnot/Getty ImagesBarbie is back in vogue. The current hype around the brand is in sharp contrast to the rejections Barbie inventor Ruth Handler faced when she first tried to create the doll in the 1950s. But Handler, who had co-created Mattel in 1945, struggled to convince people of the market for an adult fashion doll. Mattel's team told her it wouldn't be possible to make such dolls at a low price in the US, she wrote. "As the years went by, I brought up my idea a few more times, but everybody would kind of turn me off," Handler wrote.

Persons: Ruth Handler, Barbie, Zs, Margot Robbie, Ryan Reynolds, Barbara, Handler Organizations: Mattel

☆ Cloudflare, Palo Alto Networks and Zscaler tumble as Microsoft expands in cybersecurity
▼ + stars: | 2023-07-12 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Cloudflare , Palo Alto Networks and Zscaler shares all fell Wednesday after analysts noted Microsoft's entry into a part of the cybersecurity market where those three smaller companies already compete. Shares of Zscaler and Palo Alto both slid as much as 7.4%, while Cloudflare shares fell as much as 6.5%. Analysts emphasized that the new Microsoft Entra Internet Access and Microsoft Entra Private Access products are in the preview stage, with no pricing details available. The Microsoft Entra Private Access service offers an alternative to long-standing virtual private networks, or VPNs, which let employees access internal programs while working remotely. Microsoft Entra Internet Access can help security administrators control employees' connections to cloud apps, including Microsoft 365 applications such as Teams.

Persons: Satya Nadella, Joy Chik, Morgan Stanley, Hamza Fodderwala Organizations: Palo Alto Networks, Palo Alto, Analysts, Microsoft, Management, Microsoft Defender, Cloud Apps, Jefferies, UBS Locations: Palo, Palo Alto

☆ Are Gen Zs the most challenging generation to work with? 3 in 4 managers think so
▼ + stars: | 2023-07-11 | by ( Nessa Anwar | ) www.cnbc.com time to read: +1 min

Gen Z, loosely defined as those born between the mid-to-late 1990s and early 2010s, is the latest generation to enter the workforce. A survey done by Resume Builder, a resource website for job seekers, revealed that around 3 out of 4 managers find that Gen Z is the most challenging generation to work with. Noting that Gen Z employees had to navigate the Covid-19 pandemic and remote working, she added: "[Gen Zs] didn't even have an opportunity to relate to people at all in a workplace. Ziad Ahmed, the founder of JUV Consulting, a digital marketing agency staffed entirely by Gen Z employees, told CNBC that managing young people is also a challenge for him. Watch the video to see the different perspectives of both Gen Z employees and managers.

Persons: Gen, Stacie Haller, Zs, Ziad Ahmed Organizations: CNBC, JUV Consulting

☆ Evercore ISI thinks these stocks will benefit the most from the A.I. boom
▼ + stars: | 2023-06-28 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Investors should look to stocks that enhance productivity as companies seek to replace scarce labor with machines, according to Evercore ISI. The chart below includes two stocks Emanuel found for each use case. The stock has surged more than 50% since the start of 2023, rebounding along with other technology stocks after 2022's sell-off. Equinix shares have risen nearly 17% year to date and Evercore ISI expects shares to advance another 8.5%. The stock should also be helped by reshoring trends, as well as its investments in AI and improving labor productivity, Emanuel said.

Persons: Julian Emanuel, Emanuel, Evercore, There's, Zscaler, ZS, Ingersoll Rand, — CNBC's Michael Bloom Organizations: ISI, CNBC Pro Locations: Tuesday's

☆ More and more Gen Zers and millennials are demanding work-life balance
▼ + stars: | 2023-06-04 | by ( Josée Rose | ) www.businessinsider.com time to read: +3 min

Gen Zers and millennials are continuing to rethink their identities in relation to their jobs. But there is a strong desire among these generations to achieve better work-life balance. In fact, more than any other trait among their peers, Gen Zs and millennials admire the ability to balance work and life priorities, the survey found. Both Gen Zers and millennials worry that if the economy worsens, it will make it more difficult for younger workers to ask for flexibility at work and improve their work-life balance, the survey found. Though respondents do believe employers have made progress enabling better work/life balance since pre-pandemic, according to the survey.

Persons: Gen Zers, —, Zers, Zs —, millennials, Gen Zs, Gen Z, they're, Insider's Juliana Kaplan, Rebecca Knight, Gen Z haven't, Z's, Insider's Alexandra York, didn't Organizations: Deloitte, Service, Elon Locations: Germany

☆ Why Gen Zers and millennials are looking for second jobs
▼ + stars: | 2023-06-03 | by ( Josée Rose | ) www.businessinsider.com time to read: +4 min

The high cost of living is the "top societal concern" of Gen Zers and millennials, a Deloitte survey found. Financial concerns have pushed 46% of Gen Zs and 37% of millennials to find a second job. The 2023 survey of more than 22,000 Gen Zers and millennials around the world found the high cost of living is the "top societal concern" of both generations, with 51% of Gen Zers and 52% millennials reporting they live paycheck to paycheck. Also, 46% of Gen Zs and 37% of millennials have taken on either a part- or full-time paying job in addition to their primary position, according to the survey. A March survey of 1,009 adults ages 24 to 35 by TIAA Institute found that 51% of Gen Zers and millennials don't expect to do as well financially as their parents.

Persons: Zers, Gen Zs, They're, —, Gen Zers, Zs, Michele Parmelee, Eve Upton, Clark, It's, millennials, Upton, Erik Baker Organizations: Deloitte, Service, Amazon, TIAA Institute, Harvard

☆ Here are Wednesday's biggest analyst calls: Apple, Nvidia, Chevron, Amazon, Avis, SeaWorld & more
▼ + stars: | 2023-05-31 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Wednesday's biggest calls on Wall Street: Needham initiates Sovos Brands as buy Citi said Sovos' Brands Rao's Tomato Sauce will be a $1 billion brand in the next three-to-four years. " Citi reiterates Anheuser-Busch InBev as buy Citi said investors should buy the dip in the beer giant. Deutsche Bank upgrades Avis to buy from hold Deutsche said the rental car company that it has upside potential. "In a tougher recession and sharp travel fall-off where revenue growth is cut in half, we estimate mid to high single digit EPS risk, implying an excellent risk/reward given valuation. Citi reiterates Nvidia as buy Citi said investors should "stay long" in shares of Nvidia.

Persons: Needham, Sovos, Michael Angelo's, Bernstein, Wedbush, it's, Goldman Sachs, Goldman, Bud, Baird, Mobileye, XYL, Wells, Key, AMBA, Mizuho, Piper Sandler, Piper Organizations: Brands, Citi, Amazon, Worldwide, Conference, SeaWorld, Anheuser, Busch InBev, Deutsche Bank, Avis, Deutsche, UBS, American Express, American, Palo Alto Networks, JPMorgan, Chevron, Service, Nvidia, TAM, Liberty, Microsoft Locations: US, Noosa, Cupertino, European, Wells Fargo, CrowdStrike, Zscaler, Palo, America, F2023E

Looking ahead, investors this week will be laser-focused on Washington, as Congress prepares to vote on a bill to raise the U.S. debt ceiling . But the shortened trading week ahead still features some key earnings and economic data. ET: S & P/Case Shiller home price index (March) 10 a.m. ET: Employment report: Non-farm payrolls and jobless rate (May) Looking back Last week, three Club holdings reported earnings. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Palo Alto Networks (PANW.O), the largest player in the space by market share and valuation, will kick off sector earnings on Tuesday with what analysts polled by Refinitiv estimate to be a near 24% increase in quarterly revenue. Reuters GraphicsVendors that are a one-stop shop for cybersecurity solutions help their clients analyze security data better as well as integrate a variety of applications, optimize costs and improve risk management. Top cybersecurity providers Palo Alto Networks, CrowdStrike Holdings (CRWD.O) and Fortinet Inc (FTNT.O), which offer a range of services including cloud and identity protection, are set to benefit from the consolidation trend, said D.A. CrowdStrike and ZScaler Inc (ZS.O) are expected to report revenue growth of 39% and 45% when they report earnings on May 31 and June 1, respectively. Palo Alto Networks, Fortinet lead cybersecurity stocks in the past yearReporting by Vansh Agarwal, Samrhitha Arunasalam and Akash Sriram in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

☆ iMessage vs. Snapchat: The Battle for Gen Z’s Texts
▼ + stars: | 2023-05-21 | by ( Dalvin Brown | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/imessage-vs-snapchat-the-battle-for-gen-zs-texts-a31ce69f

☆ Almost half of Gen Zs have side jobs as money fears take over, survey finds
▼ + stars: | 2023-05-17 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +3 min

Gen Zs and millennials are increasingly taking on second jobs as money concerns mount, a Deloitte survey says. Some 46% of Gen Zs currently have either a full- or part-time job in addition to their main one, a new Deloitte survey shows. For their 2023 Gen Z and Millennial Survey, Deloitte gathered responses from 14,483 Gen Zs and 8,373 millennials from 44 countries around the world. Data from Deloitte's survey shows that the cost of living is the biggest concern for millennials and Gen Z right now. "Economic concerns are hampering Gen Zs' and millennials' ability to plan for their future, and causing them to postpone major life decisions," she adds.

☆ Gen Z is forcing fast-food restaurants to change their menus. They're now offering more spicy food and chicken to lure in younger diners.
▼ + stars: | 2023-05-16 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Gen Z diners crave spicy food and chicken more than other generations. Restaurant execs say that younger diners crave spicy food and chicken. "Spice levels generally heat up with younger generations," Fabiola Del Rio, VP of integrated marketing communications at Panda Express, told Insider. And where they can, Gen Zers like to get their chicken spicy, too. Or a restaurant exec who's noticed interesting dining patterns among your Gen Z customers?

☆ Here are 4 stocks Jim Cramer thought about buying for the Club and the reasons why
▼ + stars: | 2023-05-15 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

PANW YTD mountain Palo Alto Networks YTD Palo Alto Networks (PANW) shares fell more than 4% at one point Monday afternoon to a session low of $190.67, and we can't find any reason for the decline. The selling might be nothing more than some short-term profit-taking after Palo Alto rallied over 8% in last week's struggling market. HON YTD mountain Honeywell YTD Here's one more name we thought about buying: Honeywell (HON). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Arora Nikesh, Palo Alto Networks CEO & Chairman at the WEF in Davos, Switzerland on May 23rd, 2022.

For most of the day, stocks struggled for direction amid disappointing earnings from Tyson Foods and Catalent and a short-lived rebound in regional banks. The struggle for a clearer direction comes after a rally on Friday, when U.S. jobs data pointed to a resilient labor market. Producer prices, weekly jobless claims and consumer sentiment data are all lined up for the week. Shares of regional banks tumbled for much of last week on worries tied to the collapse of First Republic Bank. Warren Buffett's Berkshire Hathaway Inc's Class B shares rose after posting a $35.5 billion first-quarter profit, boosted by gains from stocks such as Apple.

The struggle for a clearer direction comes after a rally on Friday, when U.S. jobs data pointed to a resilient labor market. Producer prices, weekly jobless claims and consumer sentiment data are all lined up for the week. A rally in regional banks' shares proved short-lived, with PacWest Bancorp (PACW.O) rising 5.6% after gaining as much as about 30% earlier in the session after the lender sharply cut its quarterly dividend to boost capital. Shares of regional banks tumbled for much of last week on worries tied to the collapse of First Republic Bank. Warren Buffett's Berkshire Hathaway Inc's Class B shares rose 0.9% after posting a $35.5 billion first-quarter profit, boosted by gains from stocks such as Apple.

Producer prices, weekly jobless claims and consumer sentiment data are all lined up through the week. "The bigger picture is inflation will remain higher for longer and that we are heading into a recession. The KBW Regional Banking index (.KRX) fell 2.2% after posting its best single-day performance in seven weeks on Friday. Shares of regional banks tumbled for much of last week on worries tied to the collapse of First Republic Bank. The S&P index recorded 10 new 52-week highs and four new lows, while the Nasdaq recorded 47 new highs and 53 new lows.

☆ A 'Diet Coke break' is the latest example of Gen Zs and Millennials insisting on work-life balance
▼ + stars: | 2023-04-28 | by ( Grace Mayer | ) www.businessinsider.com time to read: +5 min

The idea of "sharing a Coke," or taking a Diet Coke break, is also prominent in the soda brand's advertising history. Seninger says she's always been a "Diet Coke break girl" — even before she started posting about it on TikTok last year. A Diet Coke break helps me to romanticize that part of my day and take a break," Seninger said. In another TikTok, a creator captioned her Diet Coke break video: "Studies show Diet Coke breaks significantly improve one's mental health." In the past, he's said he drinks a minimum of five cans of Diet Coke or Cherry Coke a day.

☆ Gen Zs don't have a lot of money, but they're traveling anyway
▼ + stars: | 2023-04-17 | by ( Monica Pitrelli | ) www.cnbc.com time to read: +4 min

Gen Zs aren't easing into the travel market — they are exploding into it. Source: Morning ConsultYet unlike past generations, Gen Zs aren't waiting until they have high-paying jobs or a nest egg of savings to travel. Rather, "they are finding ways to fit it into their budgets now," according to Morning Consult's report on Gen Z travel trends. Only 11% Gen Zs who travel frequently come from households earning $100,000 or more annually, according to Morning Consult. Gen Zs and millennials also want — and will shell out more for — pools and pet-friendly accommodations, according to Hopper's "2023 Travel Trends Report."

☆ Gen Zs grew up traveling — and are now faced with funding their own trips
▼ + stars: | 2023-04-17 | by ( Monica Pitrelli | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGen Zs grew up traveling — and are now faced with funding their own tripsGen Zs aren't waiting until they have high-paying jobs or a nest egg of savings to travel. Rather, they are finding ways to fit it into their budgets now, reports CNBC's Monica Pitrelli.

☆ The bank taking over SVB's venture-debt business doesn't seem to know a lot about venture debt
▼ + stars: | 2023-04-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

But first, can you explain what venture debt is? The venture debt community, which has grown considerably as equity funding has dried up, is skeptical that First Citizens is the best firm for the job, Insider's Darius Rafieyan reports. Reporting from the first annual Venture Debt Conference in New York, which First Citizens seemed to be absent from, Darius details how attendees and panelists questioned the family-run regional bank's ability to take over the complex and nuanced business that is venture debt. I'm all for learning on the job, but that type of knowledge seems like a prerequisite for buying a business with more than $70 billion in venture debt. But, if First Citizens is as ill-equipped to take over SVB's venture-debt business as some believe, that only further complicates the matter.

☆ Gen Z job seekers are rattling older managers by asking about work-life balance in the first interview
▼ + stars: | 2023-03-29 | by ( Alexandra York | Josée Rose | ) www.businessinsider.com time to read: +8 min

Many Gen Z job seekers are asking about work-life balance during interviews. There wasn't a big focus on work-life balance when many of today's managers started working more than a decade ago. Gen Zers need to know the industry before asking about work-life balanceSome industries invite questions of work-life balance, according to Gen Zers and hiring managers who spoke with Insider. "If you were to directly ask, 'Can you describe the work-life balance for analysts at your firm?' Mary Cooney, the founder of the professional-development platform Generation IQ, said it's time to move on from this stigma of work-life balance.

☆ More millennials are turning 40 — and they're changing travel as we know it
▼ + stars: | 2023-03-27 | by ( Monica Pitrelli | ) www.cnbc.com time to read: +6 min

And they're bringing their tech-savviness, social consciousness and spending habits in tow, which is transforming a travel industry intent on staying ahead of the times. "When it comes to nearly all travel behaviors, millennials are the generation most likely to engage — and they do so often," said Lindsey Roeschke, travel and hospitality analyst at Morning Consult. Where millennials stayFrederic Lalonde, CEO of the travel app Hopper, said its customers are twice as likely to stay in a home than a hotel. "It's all driven by our primary users, who are millennials and Gen Z," he said at the Skift Global Forum 2022. Since 2019, Airbnb home rentals increased the most among travelers with children aged six and younger, according to the company.

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