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☆ Top Wall Street analysts remain optimistic about these five stocks
▼ + stars: | 2023-10-29 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +7 min

To that end, here are five stocks favored by Wall Street's top analysts, according to TipRanks, a platform that ranks analysts based on their past performance. Mahaney reiterated a buy rating on NFLX stock with a price target of $500. Baird analyst Colin Sebastian recently initiated a buy rating on CART stock with a price target of $31. SLBOilfield services company SLB (SLB), formerly Schlumberger, recently reported better-than-expected third-quarter adjusted earnings. Calling SLB a structural winner, particularly during pullbacks, Mehta reiterated a buy rating on the stock with a price target of $65.

Persons: Dado Ruvic, Wall, Mark Mahaney, Mahaney, TipRanks, roadmaps, Harlan Sur, Sur, Baird, Colin Sebastian, Sebastian, Instacart, SLB, Goldman Sachs, Neil Mehta, Mehta, Tesla Organizations: Reuters, Netflix, Nvidia, JPMorgan, TipRanks, Schlumberger, Saudi Aramco, United Arab Locations: Saudi, United Arab Emirates, Qatar

☆ Amazon predicts bright holiday season, cloud stabilizing
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +3 min

Facing an array of challenges to its business, Amazon is trying to keep its mantle as the world's biggest cloud provider and online retailer. The U.S. Federal Trade Commission in September sued Amazon for allegedly inflating prices and wielding monopoly power, claims that Amazon has disputed. Microsoft, the second-largest cloud provider by revenue after Amazon, beat Wall Street estimates this week as its customers geared up for AI upgrades. Amazon Web Services brought in revenue of $23.1 billion, compared with analysts' expectations of $23.09 billion. For the current holiday quarter, the company forecast revenue in the range of $160 billion and $167 billion.

Persons: Gonzalo Fuentes, Long, Andy Jassy, LSEG, Akash Sriram, Anil D'Silva, Deepa Babington Organizations: REUTERS, Amazon.com Inc, Google, Microsoft, Amazon, U.S . Federal Trade Commission, Amazon Web Services, Wall, Web Services, Thomson Locations: Bretigny, Paris, France, Bengaluru

☆ Hurricane Norma makes landfall near resorts of Los Cabos on Mexico’s Baja California peninsula
▼ + stars: | 2023-10-21 | by ( ) www.cnbc.com time to read: +6 min

Strong waves caused by hurricane Norma hits a beach in San Jose del Cabo, Mexico, on Saturday, Oct. 21, 2023. Hurricane Norma has made landfall near the resorts of Los Cabos at the southern tip of Mexico's Baja California Peninsula. Hotels in Los Cabos remained about three-quarters full of tourists, but shelters were set up at schools in the resorts. Residents of Los Cabos resorts rushed to prepare as Norma approached, while in the Atlantic, Hurricane Tammy threatened to batter the islands of the Lesser Antilles. The Los Cabos Civil Defense agency urged residents to stay indoors all day as winds and rain increased.

Persons: Norma, Todos Santos, Hurricane Tammy, Cabo San Lucas, San Jose del Cabo, Maribel Collins, José, Homero Blanco, Tammy, Tropical Storm Phillippe, Hurricane Irma, Philippe, Gaston Browne Organizations: U.S, National Hurricane Center, Lesser Antilles, Saturday, Civil Defense, Police, National Guard, Guard, Hurricane, Tropical, Residents, St Locations: San Jose del Cabo, Mexico, Cabos, Mexico's Baja California, Todos, Cortez, of California, Baja, Sinaloa, Los Cabos, Los, Hurricane, Lesser, Cabo San, Pacific, Baja California, Baja California Sur, San Jose, Cabo San Lucas, San Jose del, Guadeloupe, Antigua, Barbuda, Montserrat, St, Kitts, Nevis, Caribbean, Martinique, St John's

☆ Hurricane Norma weakens but still 'dangerous' as it approaches Baja California peninsula
▼ + stars: | 2023-10-21 | by ( ) www.reuters.com time to read: +1 min

[1/5] People observe waves breaking on the beach as Hurricane Norma barrels towards the Baja California peninsula, in Cabo San Lucas, Mexico, October 20, 2023. REUTERS/Fernando Castillo Acquire Licensing RightsMEXICO CITY, Oct 21 (Reuters) - Hurricane Norma weakened to a Category 2 storm on Saturday as it approached the south of Mexico's Baja California peninsula where it was expected to make landfall later in the day, bringing with it a "dangerous storm surge." Mexican authorities called on residents of the state of Baja California Sur to take precautions and stay in their homes, while shelters were set up. "Norma is expected to remain a hurricane while it moves over the southern portion of Baja California Sur," the NHC said, noting nonetheless that further weakening was expected over the weekend. Local authorities maintained a "prevention zone" between the towns of Todos Santos and Los Barriles, in the state of Baja California Sur.

Persons: Fernando Castillo, Norma, Marion Giraldo, Isabel Woodford, Diane Craft Organizations: REUTERS, MEXICO CITY, U.S National Hurricane Center, NHC, Todos Santos, Mexican Pacific, Thomson Locations: Baja California, Cabo San Lucas, Mexico, MEXICO, Mexico's Baja California, Baja California Sur, Todos, Mexican

“Near the coast, the surge will be accompanied by large and destructive waves,” the hurricane center said. “These rains will likely produce flash and urban flooding, along with possible mudslides in areas of higher terrain,” the National Hurricane Center warned. Tammy is expected to move near or over portions of the Leeward Islands – including Guadeloupe and Antigua and Barbuda – through Saturday night, and then move north of the northern Leeward Islands on Sunday. A storm surge of 1 to 3 feet is possible for parts of the Leeward Islands. Rainfall totals for the Leeward Islands are expected to be 4 to 8 inches, but could reach a foot in places where the heaviest rain sets up.

Persons: Norma, Cabo San, Cabo San Lucas –, Tammy –, San, Tammy, Michael Lowry, It’s, Phil Klotzbach, – Vince, Whitney – Organizations: CNN, National Hurricane Center, Barbuda –, Hurricanes, of Atmospheric Science, Colorado State University . Hurricane, British, US, US Virgin Islands Locations: Atlantic, Mexico’s Baja California Sur, Cabo, Cabo San Lucas, Leeward Islands, Baja California Sur, San Lucas, California Baja, Mexico’s Sinaloa, of California, Mexico, Leeward, Dominica, Guadeloupe, Antigua, Barbuda, Puerto Rico, US Virgin

☆ Weakening Hurricane Norma Still Poses Threat to Mexico's Pacific Coast
▼ + stars: | 2023-10-20 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +1 min

(Reuters) - Hurricane Norma has slightly weakened but remains a major storm poised to deliver heavy rainfall and flooding to the popular tourist coast of Mexico's Baja California peninsula over the next few days, the National Hurricane Centre (NHC) said on Friday. A gradual weakening is anticipated over the next few days, but Norma is forecast to still be a hurricane when it approaches the southern portion of Baja California Sur, said the NHC. Mexico's government has issued tropical storm warnings for various areas, including La Paz, the capital of Baja California Sur, and extending north from Todos Santos to the Santa Fe district. The hurricane center predicts that these regions will experience tropical storm conditions within a 36-hour time frame. The storm could result in up to 15 inches (38 cm) of rain in parts of Baja California, potentially causing flooding and landslides.

Persons: Norma, La, Natalia Siniawski, Deborah Kyvrikosaios Organizations: Reuters, National Hurricane Centre, NHC, La Paz, Todos Santos, US Locations: Mexico's Baja California, Baja California Sur, Todos, Santa Fe, Baja California

☆ What new U.S. export controls on China mean for Nvidia and other key parts of AI ecosystem
▼ + stars: | 2023-10-19 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

Washington's tightened grip on artificial intelligence chip sales to China could have long-term implications for Nvidia , 2023's famed AI darling. Through Wednesday's close, Nvidia, the dominant AI player, had lost 7% this week, while Advanced Micro Devices and Marvell Technology slumped more than 2%. What it means for Nvidia Nvidia said in an SEC filing this week that the latest government curbs could hinder its new product development timeline, and a handful of chip models. The major aim of the latest U.S. restrictions is to prevent China from harnessing advanced semiconductor chips to strengthen its military. To be sure, Nvidia isn't the only company slated to feel the pressure from the latest export curbs.

Persons: Greg Bassuk, Atif Malik, Morgan Stanley's Joseph Moore, Malik, America's Vivek Arya, Harlan Sur, Goldman Sachs, Toshiya Hari, Paul Meeks, Meeks, Charles Shi, JPMorgan's, Raymond James, Srini Pajjuri, Michael Bloom Organizations: Nvidia, U.S . Commerce Department, Devices, Marvell Technology, Commerce Department, Micron Technology, AXS Investments, Nvidia Nvidia, SEC, United, United Arab Emirates, Citi, Intel, Investments, Bank, America's, JPMorgan Chase, Lam Locations: China, Boise , Idaho, Vietnam, Saudi Arabia, United Arab, Freemont , California

☆ Campaigners say Europe's car leasing giants lag shift into electric gear
▼ + stars: | 2023-10-18 | by ( Nick Carey | ) www.reuters.com time to read: +2 min

But by examining car registration data T&E said that, with the exception of ALD, the leasing companies' claims are false. "Our investigation clearly shows that all leasing companies... are making green leadership claims that are not backed up by evidence," the report says. "In other words, leasing companies are greenwashing." Across the EU as a whole, T&E found EVs made up just over 10% of leasing companies' car purchases, the same share as for the rest of the market. "What remains unclear is whether the major leasing companies will take these steps or remain rooted in the fossil age."

Persons: ZE, Eric Gaillard, Arval, EVs, Nick Carey, Barbara Lewis Organizations: Renault, REUTERS, Transport & Environment, Wednesday, Societe Generale, ALD, BNP, Ford, Nissan, Credit, Financial Services, Thomson Locations: Cagnes, Mer, France

☆ JPMorgan says buy this newly public chipmaker with nearly 30% upside
▼ + stars: | 2023-10-09 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

JPMorgan thinks Arm Holdings ' penetration of higher growth segments within the chip market will drive revenue going forward. The firm initiated coverage of the semiconductor stock with an overweight rating and a $70 per share price target. Arm Holdings shares have risen 6% since the company went public in September . ARM YTD mountain Arm Holdings stock. Other firms, including Deutsche Bank and Goldman Sachs, also initiated coverage of Arm Holdings, both with buy ratings.

Persons: Harlan Sur, Goldman Sachs, — CNBC's Michael Bloom Organizations: JPMorgan, Arm Holdings, ARM, Deutsche Bank Locations: Sur

PARIS (AP) — Planted in a field, Vincent van Gogh painted furiously, bending the thick oils, riotous yellows and sumptuous blues to his will. And it had a doctor who specialized in depression, Paul Gachet, who took Van Gogh on as a patient. The exhibit includes 11 paintings that Van Gogh painted on unusual elongated canvases, experimenting to stunning effect. Another version of the exhibition, with 10 of the elongated canvases, was first shown at Amsterdam’s Van Gogh Museum earlier this year. “It’s a real fireworks show.”"Van Gogh in Auvers-sur-Oise: The Final Months" runs at the Musée d'Orsay through Feb. 4, 2024.

Persons: —, Vincent van Gogh, Van Gogh, Van Gogh's, Paul Cézanne, Camille Pissarro, Paul Gachet, ” Emmanuel Coquery, “ He’d, ” Coquery, ”, Jimi Hendrix, Sylvia Plath, Jean, Michel Basquiat, Gogh's, Coquery, “, Musée d'Orsay Organizations: PARIS, Orsay Locations: Wheatfield, Paris, French, Auvers, Oise, Van, Amsterdam, Dutch, York, Musée

☆ Amazon.com faces an array of US consumer, state antitrust lawsuits
▼ + stars: | 2023-09-26 | by ( Mike Scarcella | ) www.reuters.com time to read: +5 min

In the California case, Judge Ethan Schulman in San Francisco Superior Court in March ruled against Amazon's bid to dismiss the lawsuit. CONSUMERS' PRICE INFLATION CLAIMSAmazon faces a pair of consumer lawsuits in Seattle federal court. The consumer plaintiffs, Chun wrote, "allege the type of conduct that antitrust law is intended to prevent." E-BOOKSIn Manhattan federal court, a prospective class action from consumers accuses Amazon of artificially inflating the price of retail trade e-books on the site. U.S. District Judge Gregory Woods has not yet ruled on objections from Amazon and the plaintiffs to Figueredo's report and recommendation.

Persons: Benoit Tessier, Rob Bonta, Ethan Schulman, Amazon's, Schulman, Richard Jones, Jones, John Chun, —, Chun, Ricardo Martinez, Valerie Figueredo, Gregory Woods, Mike Scarcella, Chris Sanders, Matthew Lewis Organizations: REUTERS, U.S . Federal Trade Commission, Amazon.com, Big Tech, FTC, GENERAL, District of Columbia, Walmart, Costco, Amazon, San Francisco Superior Court, District, U.S, Thomson Locations: Bretigny, Paris, France, CALIFORNIA, WASHINGTON, GENERAL California, District, Washington ,, California, Columbia, San Francisco, Seattle, U.S, Maryland, Manhattan, Washington

☆ The full moon has different names for each month. Here's the meaning and origin for the whole lunar calendar.
▼ + stars: | 2023-09-26 | by ( Morgan Mcfall-Johnsen | Jenny Mcgrath | ) www.businessinsider.com time to read: +11 min

The next full moon will be a harvest moon, rising on September 29. AdvertisementAdvertisementSeptember: harvest moon, "corn moon," "barley moon"Amish people harvest corn in Maryland. A harvest moon sometimes occurs in October (the moon doesn't follow the Gregorian calendar), but it's always the full moon closest to the autumnal equinox. The next worm moon: March 25, 2024April: "pink moon," "sprouting grass moon," "egg moon," "fish moon"Wildflowers along the California coastline in Big Sur at sunset. AdvertisementAdvertisementThe next seasonal blue moon: August 19, 2024The next monthly blue moon: August 19, 2024

Persons: It's, —, Patrick Hartigan, Mark Wilson, it's, Shamil Zhumatov, Eddie Keog, what's, Jeff R Clow, Andy ClarkREUTERS, John Moore, Mike Segar, Charlie Baker, Brian Snyder, that's, Mike Blake, Toby Talbot, Mead, Toby Melville Deer, Matt Balazik, Steve Helber, Champlain, Paul Hanna Supermoons, Andrew Lichtenstein Organizations: Service, Rice University, Reuters, North, Getty, Beavers, REUTERS, Former, NASA, AP, Astronomical Union Locations: Maryland, Moscow, Russia, North America, Europe, New England, Superior, Colonial, Stokenchurch, England, Lake Louise , Alberta, Irvington , New York, Former Massachusetts, Hollis Hill, Fitchburg , Massachusetts, Algonquin, California, Big Sur, Calais , Vermont, Richmond Park, London, Britain, Alaska, James, Charles City , Virginia

☆ German economic weakness belies France's outperformance
▼ + stars: | 2023-09-12 | by ( Leigh Thomas | ) www.reuters.com time to read: +4 min

The European Commission said on Monday the two economies were on diverging paths this year with Germany forecast to be in a recession with a 0.4% contraction and France expected to grow 1.0%. With weak construction and declining construction investment weighing on Europe's biggest economy, Germany's outlook was slashed from a previous forecast for 0.2% growth while France was upgraded from 0.7%. The contrasting fortunes of the euro zone's two biggest economies can also be explained by tailwinds working against Germany and headwinds helping France. Germany's gas-hungry chemical industry has seen production fall 18% from 2019 levels while in France it is only 8%, Colombier said. That leaves few props to lend support to French growth going forward other than household savings.

Persons: Jean, Paul Pelissier, Germany's, Mathieu, tailwinds, headwinds, Charles, Henri Colombier, Colombier, Plane, Leigh Thomas, William Maclean Organizations: REUTERS, European, Germany, France's Finance, Thomson Locations: Marseille, Fos, Fos sur Mer, France, Germany, PARIS, Paris

☆ Marc Bohan, Head Designer for Dior for Three Decades, Dies at 97
▼ + stars: | 2023-09-09 | by ( Alex Williams | More About Alex Williams | ) www.nytimes.com time to read: +1 min

His death was confirmed in a statement by Dior. Because he worked in an era before fashion became mass entertainment, Mr. Bohan was not required to be visionary. “I’m not designing to please myself or for a photograph,” he told USA Today for a 1988 profile. I have always in mind the reaction of women I know.”Courtly, taciturn and immaculately dapper even by the standards of midcentury Paris, Mr. Bohan was 34 when he was appointed head couturier for the House of Dior in 1960, taking over for the maverick Yves Saint Laurent. Mr. Saint Laurent, then in his early 20s, had been called up by the French Army during the Algerian war for independence.

Persons: Marc Bohan, Christian Dior, Dior, Bohan, “, ”, immaculately, couturier, Yves Saint Laurent, Mr, Saint Laurent Organizations: USA, of Dior, French Army Locations: Châtillon, Seine, France, Paris

Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). The World of Hyatt Business Credit Card is offering a new, higher welcome bonus. World of Hyatt Business Credit Card Apply now lock icon An icon in the shape of lock. World of Hyatt Business Card review External link Arrow An arrow icon, indicating this redirects the user." You can read all the details in our World of Hyatt Business Credit Card review.

Persons: Hyatt, it's, I've, you'll Organizations: Hyatt Business, Service, Hyatt, Card, FDIC, Manchester Grand Hyatt San, Hyatt Paris Locations: Wall, Silicon, Hyatt, Manchester Grand Hyatt San Diego, Dublin

☆ Top Wall Street analysts pick these 5 stocks for compelling returns, including Nvidia
▼ + stars: | 2023-09-03 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +7 min

Nvidia | via ReutersThe macro backdrop is looking challenging as September begins, but analysts have highlighted several stocks that they feel confident about for the long term. Here are five attractive stocks, according to Wall Street's top experts, as rated by TipRanks, a platform that ranks analysts based on their past performance. The company recently reported its fiscal second-quarter results, which crushed Wall Street's expectations, as revenue more than doubled compared to the prior-year quarter. Management expects sequential revenue growth to accelerate in the fiscal third quarter, fueled by AI and cloud infrastructure. He expects the company's AI initiatives to create value for small business owners, consumers, and taxpayers, driving long-term growth and improved profitability.

Persons: INTU PANW, Wall, Harlan Sur, Sur, Ross Seymore, MRVL, Seymore, Keith Bachman, billings, Bachman, Brad Zelnick, Zelnick Organizations: Nvidia, TipRanks, JPMorgan, Marvell Technology, Management, Deutsche Bank, Automotive, Marvell, Palo Alto, Palo Alto Networks, BMO Capital, Palo, Intuit Financial, Intuit Locations: Santa Clara , California, Palo, billings, Palo Alto

☆ Briton Fitzpatrick takes European Masters lead to boost Ryder Cup hopes
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +2 min

Sept 1 (Reuters) - Matt Fitzpatrick celebrated his 29th birthday by storming into the lead following the European Masters second round at Crans-sur-Sierre in Switzerland on Friday, boosting his chances of claiming a place in the European Ryder Cup team. The Englishman, who had five of his birdies on the back nine, must finish at least tied seventh with one other golfer to qualify for a Ryder Cup spot via the world points list. A couple of pins that didn't feel like they suited me," said Fitzpatrick, who won the European Masters in 2017 and 2018. Scotland's Robert MacIntyre, who went into the European Masters in the final spot on the European points list, dodged the cut by a shot, but Victor Perez and Rasmus Hojgaard both failed to make it through to the weekend. Rory McIlroy and John Rahm have secured their spots on Team Europe via the European points list with Viktor Hovland and Tyrrell Hatton assured places via the world points list.

Persons: Matt Fitzpatrick, Fitzpatrick, Swede Alexander Bjork, Bjork, Frenchman Romain Langasque, Alex, Yannik Paul of Germany, Adrian Meronk, Scotland's Robert MacIntyre, Victor Perez, Rasmus Hojgaard, Rory McIlroy, John Rahm, Viktor Hovland, Tyrrell Hatton, Luke Donald, Donald, Aadi Nair, Ken Ferris Organizations: European, European Ryder Cup, Former U.S, Ryder, Europe, United, Thomson Locations: Switzerland, United States, Rome, Bengaluru

☆ Analysts see AI boosting Marvell, but warn of other headwinds for the chip stock
▼ + stars: | 2023-08-25 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Wall Street sees a clear opportunity for Marvell Technology to benefit from the artificial intelligence craze. The semi stock retreated more than 4% in premarket trading despite slightly exceeding Wall Street expectations in its quarterly report delivered Thursday. Bank of America analyst Vivek Arya lowered his price target by $5 to $75 but kept his buy rating. And UBS analyst Timothy Arcuri reiterated that Marvell is a favorite AI play with a $75 price target. Moore kept his equal-weight rating while pulling his price target back by $3 to $65.

Persons: Marvell, Refinitiv, Nvidia, Piper Sandler, Harsh Kumar, Goldman Sachs, Toshiya Hari, Hari, Vivek Arya, Arya, Raymond James, Srini Pajjuri, JPMorgan's Harlan Sur, Timothy Arcuri, Morgan Stanley, Joseph Moore, Moore, Michael Bloom Organizations: Marvell Technology, Bank of America, UBS, Marvell, Nasdaq, NVIDIA Locations: qtr

☆ Nvidia shares rally after big earnings beat
▼ + stars: | 2023-08-24 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +1 min

Nvidia CEO Jensen Huang speaks during a press conference at CES 2018 in Las Vegas on Jan. 7, 2018. Shares of chipmaker Nvidia opened at a record high Thursday morning after the company reported a beat on the top and bottom lines and offered strong guidance for the upcoming quarter. Nvidia reported adjusted earnings per share of $2.70 for the fiscal second quarter, beating a Refinitiv consensus estimate of $2.09. The company also reported quarterly revenue of $13.51 billion, versus a consensus estimate of $11.22 billion. Analysts also honed in on strong guidance for the upcoming quarter.

Persons: Jensen Huang, Harlan Sur, Sur Organizations: Nvidia Locations: Las Vegas

☆ A mysterious 40,000-year-old hip bone suggests human ancestors and Neanderthals shared a cave — and perhaps a culture
▼ + stars: | 2023-08-24 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +6 min

The bone could mean modern humans shared the cave with Neanderthals. The early human bone was found in a cave at the center of a debate about Neanderthal culture. Maureille is an author of the study about the hip bone, and an archaeologist from the University of Bordeaux. This raises a controversial hypothesis: that modern humans and Neanderthals shared the mysterious Châtelperronien culture, which has long baffled scientists. Research there suggests modern humans shared a cave with Neanderthals and Denisovans about 45,000 years ago.

Persons: Bruno Maureille, Will Oliver, Maureille Organizations: Service, University of Bordeaux, Sci Locations: Wall, Silicon, Arcy, France, London, Europe, Spain, Renne, Siberia

Mexico warned the western state of Baja California on Saturday to brace for what could be life-threatening rain and floods from Hurricane Hilary, the Pacific storm barreling toward the peninsula and neighboring Southern California. State and federal authorities urged citizens to take precautions ahead of the storm, which was expected to make landfall early Sunday. Although Hilary weakened somewhat on Saturday, officials warned it remained lethally destructive. More than 6,500 soldiers were deployed Friday to the states of Baja California and Baja California Sur to help erect shelters, organize food banks and prepare for possible emergency rescues. Libia González, a meteorologist with Mexico’s national forecasting service, said that the storm would gradually decrease in strength and was expected to become a Category 1 by Sunday morning.

Persons: Hurricane Hilary, Hilary, Libia Organizations: Southern California ., Sunday Locations: Mexico, Baja California, Hurricane, Southern California, Southern California . State, Baja California Sur

☆ Hurricane Hilary expected to strengthen to Category 4 before weakening, dumping rain over California and Southwest US this weekend
▼ + stars: | 2023-08-18 | by ( Elizabeth Wolfe | ) edition.cnn.com time to read: +5 min

CNN —Hurricane Hilary is expected to intensify into a lashing Category 4 storm as it nears Mexico’s Baja Peninsula on Friday and then weaken over the weekend, bringing rain and flooding to parts of the Southwest US. The storm strengthened to a Category 3 hurricane Thursday evening and is likely to build into a powerful Category 4 on Friday, the advisory said. Southern swaths of California and Nevada could see 3 to 5 inches of rain with isolated amounts of up to 10 inches. Smaller amounts of 1 to 3 inches are expected across central parts of those states as well as across western Arizona and southwest Utah. Parched Southwest may see brief reliefAs the rainfall passes through the Southwest, it may help combat prolonged drought and recharge depleted groundwater.

Persons: Hilary, “, ” Daniel Swain Organizations: CNN, Southwest, National Hurricane Center, Southwestern, National Weather Service, National Oceanic, Atmospheric Administration, US Drought Monitor, University of California Locations: Peninsula, Cabo San Lucas, Mexico, Baja California Sur, California, Southwestern United States, Southern California, Nevada, Arizona, Utah, San Diego, Los Angeles, New Mexico, Valley , California, Death, floodwater

☆ The 16 Best Items to Add to Your Registry—and Where to Register
▼ + stars: | 2023-08-17 | by ( Erika Veurink | ) www.wsj.com time to read: +17 min

By Erika VeurinkA wedding registry is a couple’s chance to creatively express the kind of life you hope to create together. If you’re a bride or groom to be, you can easily add a link to these eye-catching utensils to your Zola registry. Add the link to the multipurpose pressure cookware to your registry on Zola, or shop it at Amazon or Walmart. Add this link to your Zola registry (and browse other local gift options) and your guests can send a wedding-week-pick-me-up or gift an ongoing subscription. And if you don’t know where to start, Bloomingdale’s wedding registry checklist will help you narrow down what you need.

Persons: Erika Veurink, Zola, ”, Maria Del Russo, servingware, Simone Silverman, Silverman, Del Russo, “, Margaux, Alexandra Daniel, Daniel, Dyson, Holly Liss Jammet, Jammet, Jones, Great Jones, Tricia Lowenfield, Sarah Swann, napkins Swann, Gregory Blake Sams, You’ll, you’d, Sams, Christolfe, Coffee, Anbouba, Neiman Marcus, Delaney Lundquist, she’s, Lundquist, Lily Sullivan, ” Sullivan, Hawkins, Food52, Sullivan Organizations: New, Margot Magazine, Designs, Zola, Elle, Walmart, ” Investment, ”, Farmers, tote, Courtland, Co, Target Locations: Zola, New York City, Florida, Italy, Flamingo, Los Angeles, Great, York, City, Charleston, S.C, Sur, Charlotte, N.C, Brooklyn, N.Y

☆ Tropical storm Eugene off coast of Mexico could strengthen to hurricane
▼ + stars: | 2023-08-06 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, Aug 6 (Reuters) - Tropical storm Eugene is strengthening in the Mexican Pacific and could become a hurricane in the next few hours as it moves parallel to the coast of the Baja California peninsula, the United States National Hurricane Center (NHC) reported on Sunday. "Eugene could become a hurricane later today before starting to weaken on Monday," the NHC said in a report, adding that no coastal warnings were in effect. The state water commission in Mexico, Conagua, said the storm will cause very heavy rains in the state of Baja California Sur and waves up to four meters (13 feet) high. Baja California Sur is home to tourist hotspots like Cabo San Lucas, while Nayarit hosts San Blas and San Pancho. In late June, Hurricane Beatriz dumped heavy rains in its path, also off the Pacific coast of Mexico.

Persons: Eugene, Hurricane Beatriz, Adriana Barrera, Alexander Villegas, Leslie Adler Organizations: MEXICO CITY, United States National Hurricane Center, NHC, Thomson Locations: MEXICO, Mexican Pacific, Baja California, Miami, Mexico, Conagua, Baja California Sur, Nayarit, Sinaloa, San Lucas, San Blas, San Pancho, Mazatlan

☆ Amazon soars on 'game-changing' quarter, iPhone slump drags Apple
▼ + stars: | 2023-08-04 | by ( Aditya Soni | ) www.reuters.com time to read: +3 min

FILE PHOTO-The logo of Amazon is seen at the company's logistics center in Bretigny-sur-Orge, near Paris, France, November 25, 2022. Online retail giant Amazon's shares closed at a near one-year high and added more than $109 billion to its market value. "The second quarter is a game-changing quarter for Amazon; we would call it an-all clear moment," said SVB MoffettNathanson analyst Michael Morton. The surge in Amazon's stock reflected analysts' increased estimates for its earnings. But its services business was a bright spot and helped Apple top profit expectations for the June quarter.

Persons: Benoit Tessier, SVB, Michael Morton, —, Dan Coatsworth, AJ Bell, Aditya Soni, Samrhitha, Joice Alves, Noel Randewich, Chavi Mehta, Amanda Cooper, Saumyadeb Organizations: REUTERS, Google, Microsoft, Wall Street, Amazon, Refinitiv, Apple, Thomson Locations: Bretigny, Paris, France, Apple's, Bengaluru, London

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