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☆ Jim Cramer names companies and sectors poised to rally on the AI wave
▼ + stars: | 2024-03-06 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Wednesday said artificial intelligence is going to be essential to big market rallies over the next few years. But the computing power needed to run AI-enabled machines is "at the heart of the current re-industrial revolution," Cramer said, and will bring stocks from a variety of sectors with it. The amount of construction needed to build new data centers is part of the reason stocks like Caterpillar are performing well, he said. And according to Cramer, power management company Eaton is also seeing gains because of the demand to help power grids deal with all of this excess electricity. Vertiv is doing well because it helps take care of wiring in data centers, he added.

Persons: CNBC's Jim Cramer, Cramer, Eaton Organizations: Nvidia, Caterpillar, Constellation Energy

☆ SpaceX launched a satellite that Google will use to map methane leaks for all to see by the end of this year
▼ + stars: | 2024-03-04 | by ( Ellyn Lapointe | Catherine Boudreau | ) www.businessinsider.com time to read: +1 min

Monday, SpaceX launched a Falcon 9 rocket carrying the Environmental Defense Fund's MethaneSAT satellite. The satellite will track leaking methane, a potent greenhouse gas, from oil and gas companies. Google will use MethaneSAT data combined with AI to map methane leaks worldwide. Called MethaneSAT, the new satellite will track methane leaks from oil and gas companies worldwide. Tracking methane leaks will help identify the most egregious emitters.

Organizations: SpaceX, Environmental Defense, Google, Service, Business

☆ CEO explains how Coterra manages unpredictable commodity pricing
▼ + stars: | 2024-03-04 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Coterra CEO Tom Jordan told CNBC's Jim Cramer on Monday how the oil and gas company deals with unpredictable commodity pricing, emphasizing the "flexibility" of its assets. The price of natural gas has been volatile over the past few months, and in February it hit its lowest level since 2020. But Jordan said Coterra is able to project stable revenue and cash flow because of its "asset quality" and "organization." Coterra announced during its most recent earnings report it would cut back its natural gas production and instead invest more heavily in oil. However, Jordan said the company is "well-positioned" and has plans in place to increase natural gas production if necessary.

Persons: Tom Jordan, CNBC's Jim Cramer, Jordan, Coterra

☆ Tracking an Invisible Climate Menace From 360 Miles Above
▼ + stars: | 2024-03-03 | by ( Malika Khurana | Hiroko Tabuchi | ) www.nytimes.com time to read: +8 min

Gas sensor housing Infrared sensor Spectrometer Tracking an Invisible Climate Menace From 360 Miles Above There will soon be a new eye in the sky that’s designed to detect emissions of methane, an invisible yet potent gas that is dangerously heating the world. MethaneSAT will sweep the globe using a high-resolution infrared sensor to detect and track methane leaks from oil and gas sites worldwide. Scientists estimate that human-caused methane emissions are responsible for up to 30 percent of the global warming being experienced today. Figuring out where methane emissions are happening, how big they are and who’s responsible has been a challenge. Methane also seeps from natural sources, like flooded wetlands, but the majority of methane emissions today come from human activity.

Persons: ”, Steven Hamburg, ’, Dr, Hamburg, MethaneSAT, “, Drew Shindell, wasn’t, Biden, Bjorn Otto Sverdrup Organizations: Environmental Defense Fund, Google, Duke University, MethaneSAT, Union, Oil, Climate Initiative, Star Locations: Texas, United States

☆ Top stocks to play the future of energy from an investor managing a $5 billion Vanguard fund
▼ + stars: | 2024-03-02 | by ( Spencer Kimball | ) www.cnbc.com time to read: +8 min

The Vanguard Energy Fund originated in 1984 and until Levering arrived, it had focused for more than three-decades on oil, gas and coal investments. "My view was that's fossil fuel energy — that's not energy," Levering told CNBC in an interview. Levering took over the Vanguard fund in 2020 as the Covid-19 pandemic had effectively shut down the global economy. Levering said the Vanguard Energy Fund is structured to remain resilient and deliver returns through its hybrid approach, regardless of the macroeconomic turns the world takes. European oil majors The Vanguard Energy Fund remains heavily weighted toward oil and gas companies.

Persons: Tom Levering, Levering Organizations: Vanguard Energy Fund, CNBC, Vanguard, Wellington Management, U.S, Congress, Invesco, Utilities, Duke Energy, Shell, BP Locations: Covid, Russia, Ukraine, French, Southern

☆ Here are Tuesday's biggest analyst calls: Nvidia, Arm, Tesla, Rivian, Netflix, Micron, Roku, Seagate & more
▼ + stars: | 2024-02-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Citi reiterates Snowflake as a top pick Citi said Snowflake remains a top pick at the firm. Citi reiterates Micron as buy Citi said concerns about the stock underperformance is overdone and investors should buy the dip in top pick Micron. "We reiterate our Buy rating on Micron and maintain our price target of $95.00, above its historical average given the DRAM upturn and continued upside." "We are initiating coverage of Duolingo with a Buy rating and $222 price target (12x 2025 revenues)." Citi reiterates Nvidia as a top pick Citi said it's staying long shares of Nvidia.

Persons: Morgan Stanley, Rivian, Snowflake, Berenberg, Eli Lilly, Unilever, Edward Jones, Goldman Sachs, Piper Sandler, Piper, Datadog, Yuka Broderick, Janney, Argus, Wells, VZIO, MGY, Bernstein, it's, Evercore, Davidson Organizations: Citi, US pharma, Staples, Fractyl Health, Investor Relations, Strategic Finance, American Eagle Citi, Watch, Micron, UBS, Netflix, SUN, Kroger, Industry, Deutsche Bank, Deutsche, Seaport, Bank of America, Gas, Semiconductors, Nvidia, AMD, Seagate, Bank of, underperform Bank of America, JPMorgan, Comerica, CMA

☆ Opinion: In the Michigan primary, Biden shouldn’t fear Rashida Tlaib’s threats
▼ + stars: | 2024-02-27 | by ( Opinion John Halpin | ) edition.cnn.com time to read: +8 min

John Halpin Courtesy John HalpinProgressive activists have decided to use this interlude to attack Biden for his centrist positions on immigration, energy policy and the Israel-Hamas war, in particular. Like the senators from his birth state, Biden should ignore these threats from the left and stand up strongly for his vital center perspective. Looking at Michigan specifically, the threat of Arab Americans tanking Biden must also be put in wider perspective. Even with these larger trends in the state, the authors find: “In Dearborn, Dearborn Heights, Hamtramck, and Livonia — the Michigan cities with the highest proportion of Arab American voters — Biden defeated Trump by a combined 38,000 or so votes. Democratic support for more moderate proposals backed by Biden is even higher: Three-quarters of Democrats support a plan to increase the number of immigration judges to speed up action on asylum claims.

Persons: John Halpin, “, Joe Biden, Donald Trump, Biden, Rashida, uncommitted, Democratic Sens, John Fetterman, Bob Casey, Zers, tanking Biden, Karlyn Bowman, Nate Moore, Ruy Teixeira, Obama, —, Mark Mellman, ”, Mellman Organizations: Liberal Patriot, CNN, Democratic, Democrats, Gallup, Pew Research, — Biden, Trump, Survey Center, American Enterprise Institute, Pew, Twitter, Facebook Locations: Michigan, Israel, Gaza, Tuesday’s, Pennsylvania, Black, Dearborn, Dearborn Heights, Hamtramck, Livonia —, Biden’s

☆ Texas man guilty of making $1.8M after eavesdropping on his wife's work calls as they worked from home
▼ + stars: | 2024-02-24 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

Read previewA Houston man has pleaded guilty to insider trading after he made $1.76 million in illegal profits after listening in on his wife's work calls as they worked from home. AdvertisementThe regulator said that Loudon purchased 46,450 shares of TravelCenters stock without his wife's knowledge before the deal was announced. It alleged that he "took advantage of his remote working conditions and his wife's trust to profit from information he knew was confidential." He told her he did it because he didn't want her to work long hours anymore, said the SEC complaint. The SEC noted that Loudon had not denied the allegations and had agreed to a partial judgment subject to court approval.

Persons: —, Tyler Loudon, Alamdar, Hamdani, Loudon, scrutinizing, didn't Organizations: Service, BP, Business, Securities, Exchange Commission, SEC Locations: TravelCenters, Loudon

☆ Goldman’s list of hedge fund favorite stocks is almost doubling the market. Here’s what’s in it
▼ + stars: | 2024-02-21 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Hedge funds' most-loved stocks have nearly doubled the S & P 500 's return this year due to the continuous strength in Big Tech, according to Goldman Sachs. It then compiled a basket of the most popular long positions, dubbed Goldman's Hedge Fund VIP basket, comprising 50 stocks that most frequently appear among the largest 10 holdings of hedge funds. The group of hedge funds' favorite stocks has gained 9% this year through Feb. 14, outperforming the S & P 500's 5% return during the same period. Amazon and Microsoft , which climbed 10% and 6% this year, respectively, were the two most popular stocks among fundamental hedge funds as of the end of 2023. Meta Platforms , Alphabet and Nvidia were also well-loved among hedge funds last quarter.

Persons: Goldman Sachs, Goldman, Meta Organizations: Big, Amazon, Microsoft, Nvidia, Natural Resources, Visa Locations: Big Tech

☆ Chinese hackers' cyberattacks are reaching a 'fever pitch': FBI director
▼ + stars: | 2024-02-16 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

FBI chief Christopher Wray says Chinese cyberattacks are becoming a serious problem. Wray told Congress in January that China's hackers outnumber FBI cyber agents by at least 50 to 1. AdvertisementCyberattacks that Chinese hackers orchestrate on the US are reaching a "fever pitch," says FBI director Christopher Wray. Wray was speaking at the Munich Security Conference on Thursday, where he flagged the massive cyber threat posed by China. AdvertisementLast month, Wray told Congress that the US needed to invest in its cyber capabilities to manage the Chinese cyber threat better.

Persons: Christopher Wray, It's, Wray, —, it's, Richard Moore, Moore, Politico's Anne McElvoy Organizations: Munich Security, Service, Munich, FBI, US Locations: China

Alexei Navalny, the fiercest foe of Russian President Vladimir Putin who crusaded against official corruption and staged massive anti-Kremlin protests, died in prison Friday, Russian authorities said. Before his arrest, he campaigned against official corruption, organized major anti-Kremlin protests and ran for public office. Shortly after Navalny’s death was reported, the Russian SOTA social media channel shared images of the opposition politician reportedly in court yesterday. In the footage, Navalny is seen standing up and is laughing and joking with the judge via video link. The day before the sentence, Navalny had registered as a candidate for Moscow mayor.

Persons: Alexei Navalny, Vladimir Putin, Navalny, Dmitry Peskov, Putin, Kira Yarmysh, Boris Nemtsov, —, ”, Dmitry Medvedev’s, Sergei Skripal, “ Alexei, David Roher, Oscar, Navalny’s, “, Alexei, alexey, navalny Organizations: Kremlin, Federal Penitentiary Service, People’s Friendship University, Yale, Moscow, Fund, Fighting, YouTube, Federal Security Service, Navalny’s Foundation Locations: ”, Moscow, Germany, Russian, Russia, Kharp, Butyn, Crimean, St, Petersburg, Siberian, Tomsk, Omsk, England, Ukraine

☆ Google is making a map of methane leaks for the whole world to see
▼ + stars: | 2024-02-15 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

Oil, gas, and coal operations are thought to account for 40% of global methane emissions from human activities. At least 155 countries have also signed the Global Methane Pledge, which calls for a 30% reduction in emissions. The pledge initially launched in 2021, but since then, methane emissions have continued to rise . To help change that trajectory, the US and Europe last year issued regulations cracking down on methane emissions from fossil fuel infrastructure. By 2027, those imports will have to meet methane emissions standards on par with Europe's.

Persons: Steve Hamburg, —, Yael Maguire, Maguire Organizations: Service, Google, Environmental Defense Fund, Business, International Energy Agency, Google Geo Locations: Agriculture, MethaneSAT, Dubai, Europe, Japan, South Korea, Hamburg

☆ US and allies disrupt Russian cyber espionage operation against US and Europe, FBI chief says
▼ + stars: | 2024-02-15 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +3 min

CNN —The FBI and its international allies disrupted a network of over 1,000 hacked internet routers that Russia’s military intelligence agency was using for cyber espionage operations against the United States and its European allies, FBI Director Christopher Wray said Thursday. The US has new intelligence on Russian military capabilities related to its efforts to deploy a nuclear anti-satellite system in space, CNN reported Wednesday. Wray’s announcement is the latest move by the FBI to use court orders to try to stifle complex hacking operations from Russian spy agencies. US intelligence agencies also use hacking operations to try to thwart Russia, China and other rival governments. But unlike the FBI’s court-authorized work, details of those US cyber operations rarely, if ever, are made public.

Persons: Christopher Wray, ” Wray, Wray, “ we’ve, Weeks, Russia’s Organizations: CNN, FBI, Munich Security Conference, Justice Department, Russian Embassy, US, “ Locations: United States, Russian, Washington , DC, Munich, Russia, China, Beijing, Ukraine, “ Russia

☆ Here are Monday's biggest analyst calls: Netflix, Nvidia, Apple, Meta, Lowe's, Walmart, Target, Pepsi & more
▼ + stars: | 2024-02-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

JPMorgan upgrades Lowe's to overweight from neutral JPMorgan said investors should buy the stock ahead of earnings later this month. JPMorgan reiterates Netflix as overweight JPMorgan said it's standing by its overweight rating on shares of Netflix. Loop reiterates Meta as buy Loop raised its price target on the stock to $550 per share from $440. Loop reiterates Alphabet as hold Loop raised its price target on the stock to $155 per share from $140. " UBS reiterates Target as buy UBS says Target shares are "compelling."

Persons: Evercore, it's, wouldn't, Rivian, Piper Sandler, Piper, Jefferies, Willis Towers Watson, URBN, Morgan Stanley downgrades Hershey, Morgan Stanley, Morgan Stanley downgrades XPO, Stifel, Raymond James downgrades, Raymond James, Melius, Roth, Guggenheimer, Guggenheim Organizations: Apple, Barclays, Walmart, EV, JPMorgan, generics, UFC, WWE, Netflix, Citi, Willis, PepsiCo, PEP, LT, UBS, Urban Outfitters, Google, 4Q, Bulls, Target, Bank of America, of America, Bank of America downgrades Duke Energy, Duke Energy, Brands, Nvidia, Deutsche Bank, Industries, Deutsche, SilverBow Resources Locations: U.S, Bank of America downgrades, NWL, Republic, Mohawk

☆ Las Vegas hopes to hit the jackpot with the Super Bowl
▼ + stars: | 2024-02-10 | by ( Alicia Wallace | ) edition.cnn.com time to read: +10 min

CNN —When Super Bowl Sunday rolls around each year — whether it’s in Miami, New Orleans, Los Angeles or Minneapolis — Las Vegas still draws the crowds. It took years — and a Supreme Court ruling legalizing sports betting — for the National Football League to view Las Vegas in a different light. “We’re sold out, have been for the last month,” said Paul Hobson, general manager of the Sahara Las Vegas hotel-casino. “Las Vegas has a lot of people going there for Super Bowl weekend anyway,” Stephenson said. Additionally, the visitors it attracts spend a whole lot more than the ones who would show up on your typical Super Bowl weekend, Hill said.

Persons: they’ve, Steve Hill, ” Hill, “, Hill, We’re, ”, Paul Hobson, It’s, Aaron J, Thornton, famer Michael Irvin, ” Hobson, Noel Bowman, you’re, ” It’s, Bowman’s, “ We’ve, Vince Lombardi, Ethan Miller, Frank Stephenson, ” Stephenson, Kirby Lee, “ We’re, “ That’s, Winston Fisher, David Farris, Café Lola, George Kittle, Travis Kelce, Lin Jerome, Lola, Alexandra Lourdes, “ It’s, Felicia Parker, she’s, Parker, it’s, Harry Reid Organizations: CNN, Minneapolis —, Football, Super, Las Vegas Convention, Visitors Authority, Las Vegas, National Football League, Playmakers Party, FHM, famer, NFL, Sunday, Visitors, Las, Super Bowl, Priceline, Berry College, of Sports Economics, USA, Reuters, Bowl, Business Connect, ”, Harry, Harry Reid International Airport Locations: it’s, Miami , New Orleans, Los Angeles, Minneapolis, Vegas, Sin City, Las Vegas, Sahara, Mandalay Bay, Mount Berry , Georgia

☆ Las Vegas has invested billions into sports. The question is, will it pay off?
▼ + stars: | 2024-02-08 | by ( Natalie Rice | ) www.cnbc.com time to read: +2 min

Once known mainly for gambling and debauchery, Las Vegas has gained professional sports teams with the National Football League, the National Hockey League, Women's National Basketball Association and the United Soccer League in under a decade. The $2 billion venue was built for the NFL's Las Vegas Raiders and opened in 2020. "It's not just that the NFL's here, which is fantastic and a recognition of the maturity of Las Vegas," said Hill. Allegiant Stadium brought 1.52 million incremental visitors to the area, according to the 2023 impact report by the Las Vegas Raiders, with 88% of those visitors saying it was "the primary reason for their visit." In 2023, 40.8 million visitors flocked to Las Vegas, up 5.2% from the prior year, though still not as high as pre-pandemic levels.

Persons: that's, We're, Steve Hill, Beyoncé, Taylor Swift, It's, Eric Fernwood Organizations: National Football League, National Hockey League, National Basketball Association, United Soccer League, Major League Baseball, Las Vegas Convention, Visitors, Las Vegas Raiders, Allegiant, Estate Investment Locations: Vegas, Sin City, United States, Las Vegas

☆ The market is seeing red. But here's why a few of our portfolio stocks are standing out
▼ + stars: | 2024-02-05 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable update of the trading day, just in time for the last hour on Wall Street. "Microsoft is the one to buy first on weakness due to the quality of last week's quarter and outlook," Jim Cramer said Monday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a 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: Jim Cramer, Jerome Powell's, Estee Lauder, Jim, Cramer, Eli Lilly, Lilly, Linde, Jim Cramer's, Brendan McDermid Organizations: CNBC, Federal, Nvidia, Apple, Microsoft, Sector, Technology, Semiconductor, Novo Nordisk, Air Products, Chemicals, Products, Linde, ., Vertex Pharmaceuticals, Simon Property Group, NXP Semiconductors, Club, GE Healthcare, DuPont, Carrier Global, Jacobs Solutions, Ford, Jim Cramer's Charitable, Traders, New York Stock Exchange Locations: We're, Novo, China, New York City, U.S

☆ How the U.S. Became the World’s Biggest Gas Supplier
▼ + stars: | 2024-02-03 | by ( Brad Plumer | Nadja Popovich | ) www.nytimes.com time to read: +8 min

Became the World’s Biggest Gas SupplierTop exporters of liquefied natural gas 12 billion cubic feet per day U.S. Qatar 10 Australia 8 6 Russia 4 Malaysia 2 2014 2023 12 billion cubic feet per day United States Qatar Australia 10 8 6 Russia 4 Malaysia 2 2014 2023 Source: S&P Global Note: Data reflects annual average liquefied natural gas exports by country. But climate activists worry that soaring exports of liquefied natural gas could make global warming worse. In the early 2000s, natural gas was relatively scarce at home, and companies were spending billions of dollars to build terminals to import gas from places like Qatar and Australia. In the mid-2000s, U.S. drillers perfected methods to unlock vast reserves of cheap natural gas from shale rock. The process of making and shipping liquefied natural gas adds complexity and cost, but if the difference between U.S. natural gas prices and overseas prices is big enough, it is profitable.

Persons: Biden, Fracking, ”, Kenneth Medlock, —, Ben Cahill Organizations: U.S, drillers, Cheniere Energy, Center for Energy Studies, Rice University, “, Asia, Department of Energy, Energy Department, . Energy, Energy Information Administration, Clearview Energy Partners, Center for Strategic, International Studies Locations: U.S, Qatar, Australia, Russia, Malaysia, United States Qatar Australia, United States, Japan, Europe, Asia, Ukraine, China, India, Pakistan, Bangladesh, Vietnam, Texas , Louisiana, Maryland, Georgia, Mexico

☆ Saudi Arabia's directive for Aramco was 'prudent,' oil and gas consultancy says
▼ + stars: | 2024-02-02 | 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 EmailSaudi Arabia's directive for Aramco was 'prudent,' oil and gas consultancy saysSadad al-Husseini, founder of Husseini Energy Company, discusses Saudi Arabia's decision to order Aramco to halt its oil expansion plan.

Persons: Sadad al, Husseini Organizations: Saudi, Aramco, Husseini Energy Company Locations: Aramco

☆ Malaysia's new king has a $5.7B family fortune. Here's how he spends his money.
▼ + stars: | 2024-02-02 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +6 min

Sultan Ibrahim Iskandar, 65, was declared king on Wednesday as part of the country's rotating monarchy. King Sultan Ibrahim Iskandar of Johor is photographed with his sister, Queen Tunku Azizah Aminah Maimunah Iskandariah, after his accession was announced in October 2023. MOHD RASFAN/AP ImagesSultan Ibrahim is head of the Johor royal family and is considered one of the country's wealthiest men. In May 2023, a video posted to the Johor royal family's TikTok account showed them dining at Istanbul Turkish Cuisine, a reservations-only restaurant in Horizon Hills, Johor. King of Malaysia Sultan Ibrahim Iskandar (right) speaks with Malaysia's Prime Minister Anwar Ibrahim (left) after the oath-taking ceremony.

Persons: Sultan Ibrahim Iskandar, King Sultan Ibrahim Iskandar, Tunku Azizah Aminah, Iskandariah, MOHD RASFAN, Sultan Ibrahim, Sultan Ibrahim isn't, Ferrari Testarossa, HASNOOR HUSSAIN, Adolf Hitler, Hitler, Harley, Davidson, Tunku Ismail, Crown, Prince, of, of Malaysia Sultan Ibrahim Iskandar, Anwar Ibrahim, Abdullah Ahmad Shah, Mahathir Mohamad Organizations: Bloomberg, Facebook, Getty, Mercedes, YouTube, Boeing, Guardian, U Mobile, Maharani Energy, Johor Darul, The Straits Times, Malaysian, Malaysia's Locations: Malaysia, Malaysia's, Johor, Malaysian, Kuala Lumpur, India, Istanbul Turkish, Horizon Hills, Johor Darul Ta'zim, Singapore, Forest, Manhattan, of Malaysia Sultan

☆ Climate activist Greta Thunberg cleared of public order offense during London oil protest
▼ + stars: | 2024-02-02 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

LONDON — Swedish climate activist Greta Thunberg on Friday was cleared of a public order offense over a protest at an oil and gas conference in October. Oil executives had been meeting inside the hotel on the first day of the Energy Intelligence Forum, formerly known as the Oil and Money conference. Thunberg appeared at London's Westminster Magistrates' Court this week alongside two Fossil Free London protesters and two Greenpeace protesters. All five defendants pleaded not guilty after being accused of breaching Section 14 of the Public Order Act 1986 by failing to move their protest to a designated area. The judge in the London court ruled she had no case to answer, and also acquitted the other defendants.

Persons: Greta Thunberg, Thunberg, John Law Organizations: LONDON, InterContinental, Lane, Fossil Free, Greenpeace . Oil, Energy Intelligence Forum, Westminster, Greenpeace, Reuters Locations: Fossil Free London, London

☆ Here are Thursday's biggest analyst calls: Nvidia, Apple, Microsoft, Qualcomm, Target, AT&T, Tesla & more
▼ + stars: | 2024-02-01 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Thursday's biggest calls on Wall Street: Morgan Stanley downgrades ZoomInfo to equal weight from overweight Morgan Stanley said it sees a slowing recovery for the software company. Morgan Stanley reiterates General Motors as overweight Morgan Stanley said it's standing by the auto giant and that GM shares are "cheap." Mizuho reiterates Nvidia as buy Mizuho said it's standing by the stock heading into its GTC Conference in March. Morgan Stanley names Docebo a top pick Morgan Stanley named the ed-tech company a top pick. " Morgan Stanley reiterates Bloom Energy as overweight Morgan Stanley said the energy company is an "underappreciated AI winner."

Persons: Morgan Stanley downgrades ZoomInfo, Morgan Stanley, Oppenheimer, AAPL, it's, Mizuho, Goldman Sachs, Goldman, Redburn, Tesla, Daiwa, Jefferies, StoneCo, Wells, JPMorgan downgrades Lennox, LII, Docebo, Kraft Heinz, Mondelez, Kate McShane, Wolfe, Cash Organizations: OW, Apple, Motors, Nvidia, Conference, Citi, Qualcomm, Samsung, Deutsche Bank, Deutsche, Humana, Microsoft, Rockwell Automation, Rockwell, JPMorgan, UBS, SilverBow Resources, Regency, Kraft, Target, RBC downgrades New York Community Bancorp, RBC, New, Community Bancorp, Bloom Energy, Boston Scientific, Mizuho Locations: Boston

LONDON (AP) — Climate activist Greta Thunberg went on trial Thursday for refusing to leave a protest that blocked the entrance to a major oil and gas industry conference in London last year. She and four Fossil Free London protesters have pleaded not guilty. Thunberg and other climate protesters have accused fossil fuel companies of deliberately slowing the global energy transition to renewables in order to make more profit. They also oppose the U.K. government’s recent approval of drilling for oil in the North Sea, off the coast of Scotland. Last summer, she was fined by a Swedish court for disobeying police and blocking traffic during an environmental protest at an oil facility.

Persons: Greta Thunberg, Thunberg, Matthew Cox, ” Cox, Cox, Luke Staton, ” Organizations: —, Energy Intelligence Forum, ’, Free, InterContinental, Swedish Locations: London, Swedish, Westminster, North, Scotland, Sweden

ATMORE, Ala. (AP) — Alabama's first-ever use of nitrogen gas for an execution could gain traction among other states and change how the death penalty is carried out in the United States, much like lethal injection did more than 40 years ago, according to experts on capital punishment. Oklahoma and Mississippi already have laws authorizing the use of nitrogen gas for executions, and some other states, including Nebraska, have introduced measures this year to add it as an option. “This is a chapter in a long-running story in the United States,” Sarat said. A majority of states, 29, have either abolished the death penalty or paused executions, and there were just 24 executions carried out in five U.S. states in 2023, according to Washington, D.C.-based Death Penalty Information Center. “More states have abolished the death penalty since 2007 than in any other comparable 17-year period in American history,” Sarat noted.

Persons: — Alabama's, Steve Marshall, Kenneth Eugene Smith, ” Marshall, ”, Steven Harpe, Smith, gurney, John Q, Hamm, ” Hamm, Harpe, Justin Farris, ” Farris, “, Austin Sarat, ” Sarat, Clayton Lockett, Lockett, ” Ryan Kiesel, ” Kiesel, ” ___ Murphy Organizations: Alabama, Amherst College, Washington , D.C, American Civil Liberties Union Locations: Ala, United States, “ Alabama, Alabama, Oklahoma, Mississippi, Nebraska, Europe, U.S, Washington ,, Oklahoma City

☆ Why does gas cost more in California?
▼ + stars: | 2024-01-27 | by ( Samantha Delouya | ) edition.cnn.com time to read: +5 min

It adds about 10 cents of additional cost per gallon of gas, said Borenstein. Yet, in the fall of 2022, California gas prices shot up to a record high of nearly $6.50 per gallon after multiple refineries suffered outages. The shrinking number of oil refineries in California is another reason there’s a growing gap between California and the rest of the country’s gas prices. Those 11 refineries produce 90% of California’s gas and diesel fuel, according to California’s energy department. But Borenstein has another theory for why the price of gas is so much higher in California.

Persons: That’s, Severin Borenstein, Borenstein, Ronald Reagan, ” Reagan, David Paul Morris, ”, “, Patrick De Haan, ” Borenstein Organizations: Los Angeles CNN —, AAA, University of California Berkeley’s Haas School of Business, California Air Resources Board, Gov, Carrell, Act, Bloomberg, Getty, American Lung Association, US Energy Information Administration, Drivers, Shell, Mobil Locations: United States, California, Golden, Angeles, Los Angeles, San Francisco , California, Hawaii, Texas, Oklahoma, Louisiana, “ California, Chevron

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