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☆ The Gap comeback that might actually be working
▼ + stars: | 2024-10-02 | by ( Cathleen Chen | ) edition.cnn.com time to read: +21 min

Designer Zac Posen — now creative director at Gap Inc., at the Vanity Fair Oscar party in March 2024. Danny Moloshok/ReutersSince 2014, the Gap brand has nearly halved its presence in North America, going from 968 stores in the market to 472 as of February. It makes up about 20% of overall Gap Inc. revenue, while Old Navy accounts for more than half. Before Gap, Posen was on track for a similar trajectory to Mizrahi’s. They started by redefining the positioning of each brand: Gap as a pop culture brand.

Persons: CNN — Zac Posen, Richard Dickson, Posen, Donald, Doris Fisher, Mickey Drexler, Drexler, Uniqlo, Zac Posen —, Danny Moloshok, Sonia Syngal, Dickson, Barbie, Troye Sivan, Da’vine Joy, Anne Hathaway, ” Posen, won’t, Zac, Isaac Mizrahi, ”, Gabriella Santaniello, Mizrahi, Zac Born, Saint Ann’s, Lola Schnabel, Julian Schnabel, Lena Dunham, Nicole Miller, Naomi Campbell, Grimm, —, Da'Vine Joy Randolph —, Jamie McCarthy, Yucaipa, Ron Burkle, Sean Combs, Zac Posen, Neiman Marcus —, Zac Posen — that’s, Zac Posen’s, it’s, Paco Rabanne, Patrick Robinson, Ye, Julie Gilhart, Gilhart, ” Dickson, Bernadette Peters, “, Harrison Ball, Ryan Murphy, ’ ”, TJ Maxx, Kennedy, Anne Hathway, Pietro S, Robert, William Fisher, didn’t, Mark Breitbard, Horacio Barbeito, Chris Blakeslee, Goodman, Stephanie Keith, Da’Vine Joy Randolph’s, Sivan, Hathaway, Julia Fox, influencer, Lee Peterson, hasn’t Organizations: The, Fashion, CNN, Old Navy, Inc, New Yorker, Gap Inc, Navy, Banana, Reuters, Mattel, Hollywood, Xcel Brands, QVC, Saint, Metropolitan Museum of Art, Central Saint Martins, New York Times, Centric Brands, Barneys, New York City Ballet, Swans, Disney, rockstar, Old, America ., Collins Group, Vogue, Bloomberg, Council of Fashion Designers of America, New York, Dôen Locations: Posen, San Francisco Bay, New, Banana Republic, Athleta, San Francisco, Oxford, Zara, North America, Asia, China, Republic, New York City, American, London, Bloomsbury, Balthazar, SoHo, Rome, Italy, New York, America, America . Banana

☆ Madeleine McCann suspect: German prosecutors seek 15-year jail term in separate rape trial
▼ + stars: | 2024-10-02 | by ( Story The Associated Press | ) edition.cnn.com time to read: +1 min

Prosecutor Ute Lindemann argued that he should be convicted of two counts of rape and two of sexual abuse, and should be kept in preventive detention after he has served a 15-year sentence, German news agency dpa reported. The suspect hasn’t been charged in the McCann case, in which he is under investigation on suspicion of murder. He is currently serving a seven-year prison sentence in Germany for a rape he committed in Portugal in 2005. There are no formal pleas in the German legal system and there is no obligation for defendants to respond. In July, the court lifted an arrest warrant in the cases at stake in the current trial, citing a lack of “urgent suspicion” against the defendant.

Persons: Brueckner, Prosecutor Ute Lindemann, Lindemann, hasn’t, McCann Organizations: Berlin AP, Prosecutor Locations: Braunschweig, Germany, Portugal, Praia da Luz

☆ Here are Wednesday's biggest analyst calls: Nvidia, Apple, Tesla, Nike, Meta, Alphabet, Rio Tinto & more
▼ + stars: | 2024-10-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

JPMorgan upgrades Parr Pacific to overweight from neutral JPMorgan said the gas exploration and production company has overcorrected. JPMorgan downgrades MercadoLibre to neutral from overweight JPMorgan downgraded the online Latin American marketplace mainly due to valuation. Wells Fargo reiterates Meta as overweight Wells Fargo raised its price target on Meta to $652 per share from $647. JPMorgan upgrades SAIC to overweight from neutral The firm says it sees "profitable growth" for the IT company. Berenberg upgrades Rio Tinto to buy from hold Berenberg says the metals and mining company is a "medium-term diversified winner."

Persons: Roth, DA Davidson, Davidson, PARR, Wolfe, Raymond James downgrades, Raymond James, Guggenheim, Mizuho, it's bullish, tailwinds, Wells, Wells Fargo, Canaccord, Tesla, Berenberg, Baird downgrades Harley, Baird, Harley, Gordon, FANG, Bernstein Organizations: Iren Energy, Industries, JPMorgan, Parr, Northland, TAM, Raymond James downgrades GE, GE, Deutsche Bank, Nike, Absci Corporation, Mizuho, Kodiak, Kodiak Gas Services, Meta, SAIC, IT, Tesla, Mobile, T Bank, Buffalo, Rio Tinto, BHP, Home Depot, Barclays, Diamondback Energy, Nvidia, Apple Locations: OW, Asia, Vegas, Northland, Salesforce, Rio, American

☆ Leo from 'Love Is Blind' is one of the most controversial contestants on season 7. What happened to him after his unceremonious exit?
▼ + stars: | 2024-10-02 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +7 min

"Love Is Blind" season seven features a cast of singles from the Washington DC area. AdvertisementWarning: Spoilers ahead through episode six of "Love Is Blind" season seven. AdvertisementIn episode four, Brittany tells Leo that she's still "hurt" by the way he handled his relationships with her and Hannah. "Brittany & Leo were not one of the six couples chosen by producers to continue their journey in Mexico," an on-screen card reads right after Leo and Brittany's first in-person meeting. He's also promoted "Love Is Blind" on Instagram, teasing the seventh season with his cast portrait.

Persons: Leo, —, it's, he's, I'm, Brittany, Hannah, Nick D, Leo doesn't, Nick, Brittany doesn't, she's, Brittany's, It's, we're, Brittany —, da, Mona Lisa, He's Organizations: Washington DC, Service, Entertainment, Capital Art Advisory Locations: Washington, Japan, Brazil, Sweden, Mexico, United Kingdom, D.C, Miami, Los Angeles, New York City, da Vinci's

Hanging over all of this for Charbel — as well as the relatively small contingent of Israeli critics of the escalation with Hezbollah — is the fear that history will repeat itself. Israeli invasions in both 1982 and 2006 became more expansive and deadly than how they had been initially framed. 'Strategic failure'Israel’s ground operation was met with a new wave of international concern and condemnation. But the Biden administration remains concerned the mission could expand, the administration official said. Thousands of Israeli troops and tanks crossed the border, culminating in a deadly siege of the Lebanese capital, Beirut.

Persons: —, Michael A, Horowitz, Israel, Biden Organizations: Le Beck, NBC News, London School of Economics, National Security, Palestine Liberation Organization, Lebanese Christian Locations: States, Washington, Israel, Lebanon, Cairo, Beirut, Sabra

☆ Atlético Madrid’s Robin Le Normand diagnosed with brain injury
▼ + stars: | 2024-10-01 | by ( David Close | ) edition.cnn.com time to read: +2 min

CNN —Two days after the LaLiga match between Atlético Madrid and local rivals Real Madrid, Atlético announced defender Robin Le Normand suffered a “traumatic brain injury” when he collided with Madrid midfielder Aurélien Tchouaméni late in Sunday’s 1-1 draw. Tchouaméni connected with the ball just before he and Le Normand inadvertently clashed heads. Le Normand, a regular in Atlético’s defense and a Spanish international, fell straight to the ground and immediately writhed in pain. Atlético Madrid's Robin Le Normand falls to the ground after unintended clash of heads with Aurélien Tchouaméni Gonzalo Arroyo Moreno/Getty ImagesThe match was soon halted. The broadcast showed Le Normand slowly walking off the Metropolitano Stadium pitch with two Atlético medical personnel striding alongside the former Real Sociedad star.

Persons: Atlético, Robin Le Normand, Aurélien Tchouaméni, Tchouaméni, Lucas, Le Normand, Atlético Madrid's Robin Le Normand, Aurélien Tchouaméni Gonzalo Arroyo Moreno, “ Robin Le Normand, subdural haematoma, “, ” Organizations: CNN, Atlético, Real Madrid, Spanish, Metropolitano, Real Sociedad, Benfica, League, Estadio Locations: Atlético Madrid, Madrid, Sunday’s, Portugal

☆ Here are Tuesday's biggest analyst calls: Nvidia, Apple, Tesla, Ford, Clorox, Netflix, Pinterest & more
▼ + stars: | 2024-10-01 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are the biggest calls on Wall Street on Tuesday: Morgan Stanley initiates LatAm Airlines at overweight Morgan Stanley says shares of the Latin American airline are undervalued. " Morgan Stanley reiterates Tesla as overweight Morgan Stanley says it's sticking with Tesla ahead of the company's robotaxi day. Bank of America upgrades Alcoa to buy from neutral The firm says the aluminum company is uniquely positioned. Goldman Sachs upgrades Ford to buy from neutral Goldman says it likes the auto giant's "opportunity in software and services." Morgan Stanley reiterates Nvidia as overweight Morgan Stanley says it's standing by the dominant maker of AI processors.

Persons: Morgan Stanley, LTM, Tesla, Oppenheimer, it's, Goldman Sachs, Goldman, Raymond James, Atlassian, Hewlett Packard, it's bullish, Jefferies, KeyBanc, Davidson, Patrick, Wells, Nvidia's Blackwell, Raymond James downgrades Disney Organizations: LatAm, Bank of America, Alcoa, AA, Barclays, Apple, Citi, Anheuser, Busch InBev, Ford, HP, Meta, Google, YouTube, UBS, Netflix, Resources Locations: U.S, Mexico, Florida, Parks

Meanwhile in southern Lebanon, an Israeli official told NBC News that Israeli forces had begun launching small special forces operations ahead of a potential ground offensive. People gather outside an apartment building hit by an Israeli strike in Beirut's Cola district on Monday. Thousands of families in southern Lebanon have also been displaced from their homes over the past year due to the cross-border attacks. Families rest on Beirut's corniche after fleeing the Israeli airstrikes in Beirut's southern suburb, Lebanon, on Monday. 'No safe place'Kaisi, the executive director of URDA, said humanitarian workers were "shocked" by the strike in Cola.

Persons: Israel, Kaisi, Fadel Itani, Hassan Nasrallah, Najib Mikati, Beirut's, Hassan Ammar, Fatima, I'm, Nayef Fouani, URDA, Charlotte Gardiner, Israel’s, ” Organizations: Union of Relief, Development Association, NBC News, Popular Front, Liberation, Residents, Getty, Israel, Hezbollah, Lebanon's, NBC, IDF Locations: BEIRUT, Lebanon, Beirut, Israel, Palestinian, Palestine, Lebanese, Washington, Beirut's Cola, AFP, Iran, Gaza, Beirut's, Cola, Saida, Sidon

☆ America's absurd war on 'organized retail crime'
▼ + stars: | 2024-09-30 | by ( Amy Martyn | ) www.businessinsider.com time to read: +26 min

Organized retail crime "is not shoplifting," the agency says on its website, "and these crimes are not victimless." AdvertisementOne homeless woman in jail who pleaded guilty to felony organized retail theft tells me she steals out of desperation. Gavin Newsom sent $267 million to cities across California to increase arrests of organized retail crime — and the crackdown has escalated dramatically. Even the guy who says he coined the term "organized retail crime" can't say how much is lost to it. Gavin Newsom has provided California cities with $267 million and signed 10 new bills into law to bolster the prosecution of organized retail crime.

Persons: Veronica Lumbreras, Deysi Ramirez, Brooke Jenkins, Lumbreras, Villanueva, Ramirez, Louis Vuitton, Sen, Chuck Grassley, Gavin Newsom, Chanel, ANGELA WEISS, David Johnston, shoplifters, Shalia Brown, she's, Brown, Thomas Riddle, Riddle, Elizabeth Camacho, That's, Jeff Loftin, they're, Eric Risberg, Aziza Graves, Miss Graves, Graves, Jenkins, Maury Povich's, Jeffrey Ross, Ross, there's, Read Hayes, Jeffrey Epstein, San Francisco Bloomingdale's, Alto, Bloomingdale's, Cuauhtemoc Ramirez, Amy Martyn Organizations: San Francisco's Mission, San Francisco Police Department, CVS, Target, National Retail Federation, of Homeland Security, San Francisco Chronicle, Hearst Newspapers, Getty, San Francisco, Walgreens, Retailers, Gov, Patrol, Saks, Retail Federation, Kroger, San, Nvidia, Employees, Hall of Justice, ABC News, Prevention, Body, Alto, Mental Health, Anadolu, Walmart, Safeway Locations: San Francisco's, Arriba Juntos, Villanueva, Bay, Walnut, San Francisco, Hayward, California, Mission, Napa County, America, Los Angeles, San Francisco's County, Oakland, Bath

Israel announced on Saturday that its forces have killed Hassan Nasrallah, the powerful leader of the Lebanese militant and political group, Hezbollah, in what would mark a major escalation amid mounting hostilities at its northern border with Lebanon. An Iranian woman hold a poster of Hezbollah Hassan Nasrallah, with text in Arabic reading: "At your service Nasrallah" during an anti-Israeli rally in Tehran, Iran, on Friday. Vahid Salemi / APEarlier on Friday, a Hezbollah spokesman had said Nasrallah, who was seldom seen in public, was not in one of the buildings struck by Israeli forces and was "fine." Hezbollah has vowed to continue its campaign against Israel until it ends its nearly yearlong offensive in Gaza. “Israel no longer seems to fear clashing head-on with Iran,” Hussain said, adding, “Israel will not fear entering a larger operation."

Persons: Israel, Hassan Nasrallah, Nasrallah, “ Hassan Nasrallah, Vahid, Bashar al, Assad, Amal, Sayyed Abbas Musawi, Ed Husain, Israel ”, “, ” Hussain, Najib Mikati, Benjamin Netanyahu, Netanyahu, Hussain, Husain, Biden Organizations: Lebanese, Israel Defense Forces, Hezbollah, NBC, Amal, Associated Press, Party, United, Council, Foreign Relations, Friday, NBC News, Hariri International, Lebanese Health Ministry, Reuters, Hamas, U.S . Locations: Lebanon, Iran, Beirut, Iranian, Tehran, Israel, Syria, Gaza, Karantina, Najaf, Iraq, Islam, Beqaa, U.S, United Nations, “ Israel, Dahieh, New York, Washington

☆ DA Davidson: Meta's 'better vision than most' makes it a compelling buy
▼ + stars: | 2024-09-26 | 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 EmailDA Davidson: Meta's 'better vision than most' makes it a compelling buyD.A. Davidson's Gil Luria sees the timing ripe for mass market adoption of AI and Spatial Computing, with Meta poised to benefit from these key trends.

Persons: DA Davidson, Meta's, Davidson's Gil Luria Organizations: DA, Meta

☆ Ex-New York prosecutor indicted in bribery case dies in apparent suicide as FBI arrive at his home to arrest him
▼ + stars: | 2024-09-25 | by ( Minyvonne Burke | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Jonathan_Dienst_Byline.Jpg | ) www.nbcnews.com time to read: +3 min

A former Orange County, New York, prosecutor accused of accepting bribery payments died in an apparent suicide at his home as federal agents arrived to arrest him, sources familiar with the matter told NBC New York. Orange County DAThe FBI told the news station that its Inspection Division was "reviewing an agent-involved shooting." The U.S. Attorney's Office for the Southern District of New York declined to comment. Orange County District Attorney David Hoovler said in a statement that it was "truly heartbreaking that it ended this way." Rosenwasser received several awards during his time in the district attorney’s office, including the Arson Prosecutor of the Year Award last year.

Persons: Stewart Rosenwasser, Rosenwasser, David Hoovler Organizations: NBC New, FBI, Attorney's, Campbell, Southern, of, Orange, NBC Locations: Orange County , New York, NBC New York, Orange County, U.S, of New York

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPayPal expands services to allow merchants to buy and sell crypto: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Jose Fernandez da Ponte of PayPal discusses the payments giant's expansion of crypto services to include merchants.

Persons: explainers, Jose Fernandez da Ponte Organizations: PayPal, CNBC Crypto, CNBC

☆ PayPal's crypto lead on allowing merchants to buy and sell virtual assets
▼ + stars: | 2024-09-25 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPayPal's crypto lead on allowing merchants to buy and sell virtual assetsCNBC's MacKenzie Sigalos reports on PayPal expanding services to allow merchants to buy and sell crypto: CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Jose Fernandez da Ponte of PayPal discusses the payments giant's expansion of crypto services to include merchants.

Persons: CNBC's MacKenzie Sigalos, explainers, Jose Fernandez da Ponte Organizations: PayPal, CNBC

Tens of thousands of people fled southern Lebanon on Tuesday as Israel intensified an aerial assault that inflicted the country's deadliest day since war nearly two decades ago, while Hezbollah launched a new barrage of cross-border fire. Nearly 500 people were killed in Lebanon on Monday, according to local health officials, marking the deadliest Israeli bombardment of the country since Israel's 34-day war with Hezbollah in 2006. Mahmoud Zayyat / AFP - Getty ImagesThe Israeli military had issued warnings for residents in southern and eastern Lebanon to evacuate certain areas, spurring thousands of people to flee their homes. Scenes of families fleeing southern Lebanon and of fiery explosions filling the skyline fueled global fears of an all-out regional conflict. However, in a briefing Monday, an Israeli military official said a halt in fire from Hezbollah would not be enough to end Israel’s strikes on Lebanon.

Persons: Fadel Itani, Mahmoud Zayyat, Josep Borrell, ”, EFE, Israel Organizations: Hezbollah, Getty Images, Getty, European Union, Reuters, Vehicles, Ibrahim Amro, Israel Defense Forces, Northern Arrows Locations: Lebanon, Israel, Iran, Beirut, AFP, Sidon, Monday, European, Ghazieh, Damour, Lebanese, Ibrahim, Gaza

NBC News takes a look at the hostages who remain in Hamas captivity. Other hostages have been found dead, including the six who were killed by Hamas last month. Hamas also holds two hostages, one taken in 2014 and the other in 2015, as well as the bodies of two slain Israeli soldiers. And after the recent killing of the six hostages in Gaza, Hamas said that hostage guards had been operating under new orders. Judith Weinstein, 70, and Gadi Haggai, 73Married couple Judith Weinstein and Gadi Haggai, both American citizens, were initially believed to have been taken hostage by Hamas, but their statuses were unclear.

Persons: Lee Siegel, Keith Siegel, Aviva Siegel, Lee, —, Noa Argamani, — Alon Shamriz, Yotam Haim, Samer Talalka —, Hersh Goldberg, — Nik Beizer, Ron Sherman, Elia Toledano, Siegel, Omri Miran, Miran, Keith, Chen, Nir Oz, Jonathan Dekel, Abu Ubaida, Al, Edan Alexander, “, ”, Yael Alexander, Omer Neutra, NBC's, Hersh, Neutra’s, Orna Neutra, Itay Chen, Ruby, Hagit Chen, Judith Weinstein, Gadi Haggai, Joe Biden Organizations: Aviva, NBC, Israel Defense Forces, Sunday, Hamas, Brigades Locations: Israel, Gaza, American, shrouds, New Jersey

Iranian President Masoud Pezeshkian said on Monday that Iran does not seek a wider war in the Middle East and that such a conflict would have no winners. Pezeshkian’s remarks come as U.S. officials fear the prospect of an all-out war between Israel and Hezbollah, the Lebanese militant group backed by Iran. The Iranian president also slammed the United States and other Western countries for what he called double standards as they criticized Iran over human rights but ignored Israel’s “atrocities” in Gaza. President Barack Obama, standing with Vice President Joe Biden, in the East Room of the White House in response to the Iran Nuclear Deal, on July 14, 2015. The full extent of Iran’s nuclear capabilities remain unclear, though the country has maintained that its nuclear program is for civilian, not military, purposes.

Persons: Masoud Pezeshkian, ” Pezeshkian, Pezeshkian, Israel, ”, Pezeshkian’s, Israel’s, “ Let’s, “, Abbas Araghchi, Donald Trump, Barack Obama, Joe Biden, Andrew Harnik, Washington, Iran’s, Araghchi Organizations: Hezbollah, Lebanon’s Health Ministry, Iranian, White, Iran Nuclear, Department, AP, IAEA, International Atomic Energy Agency Locations: Iran, New York, Tehran, Israel, Lebanese, United States, Gaza, Red, U.S, Russia, Ukraine

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Tesla, Pinterest, Palantir, Microsoft, Nike, Meta & more
▼ + stars: | 2024-09-23 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

"We are initiating coverage of enterprise planning and 'Office of the CFO' software provider OneStream (OS) with an Outperform rating and $38 target price." Deutsche Bank initiates Pinterest at buy Deutsche called Pinterest an "under-monetized, scaled, increasingly personalized 'digital catalog' that attracts an affluent, high purchase-intent user base." "We initiate coverage of Pinterest, Inc. with a Buy Rating and a $43 Price Target." "We initiate coverage on FLUT with a Buy Rating and $270 PT." JPMorgan adds Nike to negative catalyst watch list The bank is sticking with its neutral rating but is negative heading into earnings on October 1 for Nike.

Persons: Bernstein, it's bullish, Morgan Stanley, Piper Sandler, Piper, TD Cowen downgrades, Cowen, Goldman Sachs, Goldman, Raymond James downgrades Palantir, Raymond James, Dr Pepper, Wells, Tesla, it's, bullish, Coreweave, Davidson, Needham, Truist Organizations: Nvidia, Citi, Meta, Facebook, Apple, BMO, Bank of America, underperform Bank of America, Holding AG, Citigroup, Deutsche Bank, Deutsche, Barclays, Bank, New York Mellon, Bank of New York Mellon, Motors, Microsoft, Needham, JPMorgan, Nike, Technology Locations: North America

☆ DA Davidson's Gil Luria explains his Microsoft downgrade
▼ + stars: | 2024-09-23 | 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 EmailDA Davidson's Gil Luria explains his Microsoft downgradeDA Davidson senior software analyst Gil Luria joins 'Closing Bell Overtime' to explain his downgrade of Microsoft.

Persons: DA Davidson's Gil Luria, Gil Luria Organizations: DA, Davidson, Microsoft

☆ 10 things to watch in the stock market Monday: Getting ready for big earnings coming
▼ + stars: | 2024-09-23 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: It's, Dow, Jim Cramer's takeaways, Cowen, Bernstein, Davidson, Dr Pepper, Morgan Stanley, Jim Cramer's, Jim Cramer, Jim Organizations: Micron, Jefferies, Costco, Nasdaq, Intel, Qualcomm, Apollo Global Management, JPMorgan, Nike, Dow, General Motors, Microsoft, Club, Holdings, Bank of America, Citi, Apple, Barclays, Constellation Energy, Jim Cramer's Charitable, CNBC Locations: San Francisco

Meanwhile, Morgan Stanley raised its price target on Constellation Energy to $313m implying more than 20% upside. 7 a.m.: DA Davidson downgrades Microsoft, cites diminishing AI lead DA Davidson believes that Microsoft has lost its edge over competitors in artificial intelligence. The investment firm downgraded shares of the tech giant to neutral from buy, although analyst Gil Luria maintained his $475 price target. This could begin to have a material impact on the company's returns beginning in 2025, the analyst wrote. Wells Fargo analyst Neil Kalton also hiked his price target on the stock to $300, implying nearly 18% upside ahead.

Persons: Raymond James, Morgan Stanley, Bernstein, DA Davidson, Davidson, Gil Luria, Luria, GitHub Copilot, — Lisa Kailai Han, Daniel Roeska, Roeska, Lisa Kailai Han, Ronald Josey, Josey, Meta, Atif Malik, Malik, Raymond James downgrades, Brian Gesuale, Gesuale, David Arcaro, Arcaro, Wells, Neil Kalton, — Fred Imbert Organizations: CNBC, Constellation Energy, Motors, Microsoft, DA, Nvidia, Motors General Motors, General Motors, Hyundai, Citi Locations: Palantir, Friday's, U.S, 25e, GenAI

☆ Katy Perry's '143' doesn't have a single redeeming song
▼ + stars: | 2024-09-20 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +7 min

Read previewIf you're a pop-music fan who spends time on the internet, you'll probably see a slew of negative reviews for Katy Perry's new album, "143." Lester Cohen/WireImageEven if you set aside the allegations against Dr. Luke, "143" doesn't make a strong case for his input. Without them, Dr. Luke and his new associates have created a pop vacuum, completely devoid of heart and personality. "Gimme Gimme," the second track featuring 21 Savage, immediately recalls the plinky snoozefest of Justin Bieber's "Changes," particularly the Quavo duet "Intentions." Final grade: 1.8/10Katy Perry's new album "143" consists of 11 standard tracks.

Persons: —, you'll, Katy Perry's, Perry, they'd, Luke, Rocco Valdes —, Dr, hadn't, Kesha, countersued, Alex Cooper, Valdes, Aaron Joseph, Vaughn Oliver, Theron Thomas, Luke's, Kemosabe signees, Perry didn't, Katy Perry, Cirkut, Lester Cohen, Max Martin, Benny Blanco, Savage, Justin Bieber's, Luke disciple Kim Petras, Kylie Minogue knockoff, JID, who's, We're, syrupy, Kim Petras Organizations: Service, Business, Kemosabe Records, Capitol Records, Capitol Records Worth, Press Locations: California

☆ North Korea says it tested new ballistic missiles with super-large warhead
▼ + stars: | 2024-09-19 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

SEOUL, South Korea — North Korea tested new tactical ballistic missiles using super-large warheads and modified cruise missiles on Wednesday as leader Kim Jong Un called for stronger conventional weapons and nuclear capabilities, state news agency KCNA reported. The account followed the firing of multiple short-range ballistic missiles on Wednesday reported by the South Korean military, which was the second time the North test-launched missiles in a week. Last week, North Korea also unveiled a uranium enrichment facility, in its first such public report. Wednesday’s tests involved the new tactical ballistic Hwasongpho-11-Da-4.5 missile, KCNA said, indicating it was part of a series of short-range ballistic missiles it had been developing. The allies say the drills are defensive in nature and aimed at maintaining readiness against any North Korean aggression.

Persons: Kim Jong, KCNA, Kim, ” KCNA, Shin Seung, Shin, ”, Kim Jong Un Organizations: South Korean, Korea Institute for Defense, Getty Images Kyiv Locations: SEOUL, South Korea, North Korea, South, Seoul . North Korea, Russia, Ukraine, North Korean, Moscow, Pyongyang, U.S

Lebanese health officials warned the public to avoid using handheld communication devices on Tuesday after powerful Iran-backed militant and political group Hezbollah said pagers had exploded throughout the country. “The ministry requests all citizens who own wireless communication devices to stay away from them until the truth of what is happening is revealed,” the National News Agency quoted the health ministry as saying. Lebanese Prime Minister Najib Mikati office said ministers were informed of “security incidents” occurring in a number of regions across the country. It was unclear whether the incidents were part of a coordinated attack, which would represent a significant security breach for Hezbollah. News agency Reuters reported that dozens of Hezbollah members were seriously wounded in Lebanon’s south and in the southern suburbs of the country’s capital Beirut.

Persons: pagers, Najib Mikati, Benjamin Netanyahu’s, “ Organizations: Health Emergency, Center of Lebanon’s Ministry of Public Health, National News Agency, Lebanese, Israel, U.S, Reuters Locations: Iran, Lebanese, Lebanon, Lebanon’s, country’s, Beirut, Dahiyeh, Israel’s, “ Israel, Gaza

Israel has a new war goal, adding to mounting signs that the conflict could soon expand to the country's north as it warned the U.S. that “military action” would likely be the only way to addressing mounting hostilities with Iran-backed militant group Hezbollah. "Israel will continue to act to implement this objective," the prime minister's office said. Noam Galai / Getty Images fileIt added that the defense minister and a number of other senior Israel Defense Forces officials "presented the IDF's operations against Hezbollah forces" to Hochstein. The U.S. and others have voiced fears that an expanded military operation from its ally could spark a broader regional war. But the prime minister’s office told NBC News in a statement on Monday that reports of any negotiations with Sa’ar were “not correct.”

Persons: Benjamin Netanyahu's, Amos Hochstein, Joe Biden, Yoav Gallant, Gallant, Noam Galai, swirled, Netanyahu, Gideon Sa’ar, Sa’ar, ” Organizations: U.S, Hezbollah, Israeli, Israel Defense Forces, New, NBC News Locations: Israel, Iran, Israel's, Lebanon, Gaza, U.S

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