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The EV maker got a price target cut from Citi, citing concern round the company's upcoming delivery numbers. Jonas has an overweight rating and $320 price target on shares, which suggests more than 85% upside potential for the shares. — Hakyung Kim 5:31 a.m.: Citi cuts Tesla price target Citi thinks there's not much upside potential for Tesla ahead of the release of its Q1 production and delivery numbers. As a result, the firm lowered its price target on shares to $196 from $224. He did, however, raise his price target to $62 from $56, with the new forecast calling for 9% upside.
Persons: Tesla, Wells Fargo, Morgan Stanley Morgan Stanley's Adam Jonas, Jonas, — Hakyung Kim, there's, Itay Michaeli, Michaeli, Hakyung Kim, David Konrad, Konrad, Fred Imbert Organizations: CNBC, Citi, KBW, EV Locations: Nevada, U.S, Tuesday's, Wells Fargo Wells Fargo, 1H25
Jenn Tran was announced as the star of season 21 of "The Bachelorette." AdvertisementJenn Tran didn't find love with Joey Graziadei on season 28 of "The Bachelor," but she's getting a second chance at romance as the star of the upcoming season of "The Bachelorette." AdvertisementAlthough Bachelor Nation got to know Jenn a bit on "The Bachelor," she teased that there's "a lot that you don't know about me yet." Related storiesAhead of the season 21 premiere in July, here's what to know about Jenn. We'll find out plenty more about the newest Bachelorette when her season premieres on ABC this summer.
Persons: Jenn Tran, , Jenn Tran didn't, Joey Graziadei, Tran, I've, Jenn, She's, Peter Parker, Taylor, Jonas, Shawn Mendes, We'll Organizations: Service, University of Wisconsin — Madison, Red, Alpha Phi Foundation, Instagram, Gillette, ABC Locations: Miami, Greece, Italy, Bahamas, Massachusetts
President Joe Biden speaks at the United Auto Workers political convention at the Marriott Marquis in Washington, D.C., Jan. 24, 2024. The new Environmental Protection Agency rules released Wednesday aim to cut tailpipe emissions by 49% between model years 2027 and 2032. The EPA set a target for EVs to make up at least 35% of new vehicle sales by 2032. The EPA's new strategy for cutting tailpipe emissions doesn't focus only on EVs. The EPA's percentage targets for EV adoption are not mandates but expectations for how automakers could meet the emissions regulations.
Persons: Joe Biden, Saul Loeb, Biden, Emmanuel Rosner, Mary Barra, Ngan, John Bozzella, Stocks, Tesla, weren't, Chelsea Hodgkins, Martin Viecha, Chris Kapsch, Morgan Stanley, Adam Jonas Organizations: United Auto Workers, Marriott Marquis, Washington , D.C, AFP, Getty, DETROIT, Environmental Protection Agency, EPA, EV, Detroit Automotive, Wall Street, Detroit, General Motors, Ford Motor, Chrysler, capex, Deutsche Bank, Chevrolet Silverado, Huntington Place Convention, Afp, Alliance for Automotive Innovation, United Auto Workers union, UAW, Toyota, Public Citizen, Sierra Club, Democratic, GM, Ford Locations: Washington ,, Detroit , Michigan, U.S, Detroit, Michigan
CNN —A Women’s Super League (WSL) clash between Chelsea and Arsenal on Friday was delayed by half an hour after the Gunners were forced to change their socks because they were the same color as those worn by Chelsea. Arsenal, as the away team, was eventually forced to source black socks from Chelsea’s merchandise store and cover the branding with tape. Once the game began, Chelsea consolidated its spot as the league leader with a 3-1 victory over third-placed Arsenal in front of the Blues’ biggest ever crowd at Stamford Bridge for a women’s soccer game. Chelsea eventually won 3-1 to edge ahead in the Women's Super League title race. Chelsea manager Emma Hayes praised her team’s dominant performance afterwards but told broadcaster Sky Sports that she was “gutted” for Arsenal’s kit man.
Persons: Justin Setterfield, Jonas Eidevall, Lauren James, Manuela Zinsberger, parry, Sjoeke Nüsken, Nüsken, Johanna Rytting Kaneryd’s, Alex Burstow, Emma Hayes, , , Hayes Organizations: CNN, League, Chelsea, Arsenal, Gunners, Blues ’, Stamford, Sky Sports, , Arsenal FC, Getty Locations:
Andrew Merry | Moment | Getty ImagesDETROIT — The buzz around electric vehicles is wearing off. U.S. EV sales were a record 1.2 million units last year, representing 7.6% of the overall national market, Cox Automotive estimates. "Moving on to less tech-savvy buyers will slow the EV market share growth over the next few years." Automakers wanted to emulate Tesla's success, with some promising to exclusively offer EVs in the not-too-distant future. "Toyota is almost completely absent from the [battery electric vehicle] market yet will gain more U.S. market share than any other car company this year.
Persons: hasn't, Andrew Merry, Aston Martin, Tesla, Elon Musk, Marin Gjaja, Ford, Pablo Di Si, Sam Fiorani, Romeo, Bentley, Mary Barra, there's, Cadillac, John Roth, We've, Gjaja, Jim Farley, Rebecca Cook, Oliver Blume, Akio Toyoda, Morgan Stanley, Adam Jonas, It's, Biden, Cox, Michelle Krebs, EVs, Trisha Jung Organizations: DETROIT, EV, Ford Motor, General Motors, Mercedes, Benz, Volkswagen, Jaguar, Rover, CNBC, GM, Hyundai Motor, Kia, Toyota Motor, VW, U.S, Cox Automotive, AutoForecast Solutions, Volvo, Buick, Cadillac, Honda, Ford Motor Co, Ford, Amperex Technology, Toyota, Cox, Tesla, Nissan, Nissan U.S, Environmental Protection Agency, Alliance for Automotive Innovation, American Automotive, Detroit automakers Locations: EVs, Europe, U.S, North America, Warren , Michigan, Detroit, Marshall , Michigan, Romulus , Michigan
BofA also raises red-hot server maker Super Micro Computer price target to $1,280 from $1,040. The Club stock took off in mid-February after the previous secondary. 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: Eli Lilly, BofA, ByteDance, Morgan Stanley's Adam Jonas, Jonas, Morgan Stanley, Tesla, Wells, Jim Cramer's, Jim Cramer, Jim Organizations: Investors, Bank of America, Electric, GE Healthcare, Club, Auto, General Motors, Ford, Citigroup, Constellation Brands, Citi, Nielsen, Corona, Modelo, Jim Cramer's Charitable, CNBC Locations: Pacifico, Cleveland
Morgan Stanley has a stock in mind for investors looking to profit as the electric vehicle industry attempts to overcome some hurdles: Phinia . PHIN 1D mountain Phinia shares rise after Morgan Stanley initiates coverage Shares rose 4% on Monday. "With approximately 100% FCF conversion and an 8 to 9% combined cash return yield, PHIN is our preferred risk/reward amongst US suppliers." Underpinning the firm's "ICE is Nice" thesis is the expectation for a slower-than-expected adoption of battery electric vehicles, as the industry grapples with a slew of "underappreciated" geopolitical, environmental and economic hurdles, Jonas wrote. "A stable top-line, above-peer margins, minimal leverage… this is a free cash flow story, augmented by cash return," he wrote.
Persons: Morgan Stanley, Adam Jonas, Morgan Stanley's, Jonas Organizations: ICE, EV Locations: BorgWarner, U.S
CNN —Besting 111 of her fellow titleholders from across the globe, Krystyna Pyszková of the Czech Republic was crowned Miss World 2024 on Saturday in Mumbai, India, where the international pageant was held this year. Krystyna Pyszková, the newly-crowned Miss World, models during the "Best Designer Award" contest at the 71st Miss World pageant preliminaries on March 2. Chopra Jonas appeared at the pageant in a video message, paying tribute to both Miss World owner Julia Morley and Nita Ambani, winner of the pageant’s Humanitarian Award. Pyszková replaces the outgoing Miss World, Karolina Bielawska, of Poland, whose reign dates back to March 2022. (Due to scheduling issues, no Miss World pageant was held in 2023.)
Persons: Krystyna Pyszková, Francis Mascarenhas, Aché Abrahams, Lesego, Jessica Gagen, , Aishwarya Rai Bachchan, Priyanka Chopra Jonas, Chopra Jonas, Julia Morley, Nita Ambani, Pyszková, Karolina Bielawska Organizations: CNN, Miss, 71st Miss Locations: Czech Republic, Mumbai, India, Africa, Americas, Caribbean, Asia, Oceania, Europe, Lebanon, Trinidad and Tobago, Botswana, England, United Kingdom, Poland
This is the seventh mass bleaching event to hit the vast, ecologically important but fragile site and the fifth in only eight years. Covering nearly 133,000 square miles (345,000 square kilometers), the Great Barrier Reef is the world’s largest coral reef, home to more than 1,500 species of fish and 411 species of hard corals. Severe mass bleaching at the Great Barrier Reef had previously been observed in 1998, 2002, 2016, 2017, 2020 and 2022. Sunrise over the Great Barrier Reef at Lady Elliot island on October 10, 2019. Jonas Gratzer/LightRocket/Getty Images/FileBy continuing on the current pathway, “we risk losing the Great Barrier Reef and the $6 billion sustainable tourism industry,” said Schindler.
Persons: CNN —, El Niño, , Tanya Plibersek, Anthony Albanese, Dr, Lissa Schindler, Lady Elliot, Jonas Gratzer, Schindler, , David Ritter, Derek Manzello Organizations: CNN, Park Authority, Australian Institute of Marine Science, El, Australian Marine Conservation Society, Australian, Australia, Greenpeace Australia Pacific, Labor, Oceanic, NOAA, Reuters, Reef Watch Locations: Australia, Lady, Southern, Pacific
Tesla could lose money in the coming quarters as price cuts fail to boost demand for its electric vehicles in the face of strong competition from hybrid cars, according to Morgan Stanley. Analyst Adam Jonas trimmed the investment bank's stock price target for Tesla by 7% to $320 from $345 while maintaining an overweight rating. This is a problem because hybrid vehicles are enjoying a renaissance in the U.S. and emerging as a real competitor to electric vehicles, Jonas wrote. Jonas remains bullish on Tesla long-term because the company is the most technically advanced car company in the world. Morgan Stanley's valuation of Tesla's auto business, at $68 per share, represents just 21% of the investment bank's overall price target of $320.
Persons: Tesla, Morgan Stanley, Adam Jonas, Elon, Jonas, Morgan Organizations: Tesla Locations: California, Dallas, Cleveland, U.S
Morgan Stanley cut its price target on Tesla after trimming its profitability forecasts. The analyst has a price target of $500, which implies upside of more than 20% over the next 12 months. — Hakyung Kim 6:51 a.m.: JPMorgan raises CrowdStrike price target after earnings beat CrowdStrike is managing to grow quickly while delivering strong results, says JPMorgan. The bank upgraded the retailer to buy from hold, increasing its price target to $195 from $140. — Fred Imbert 5:40 a.m.: Morgan Stanley cuts Tesla price target 2024 will be for electric vehicles, said Morgan Stanley's Adam Jonas, who warns that Tesla could lose money this year.
Persons: Morgan Stanley, Wells, Andrew Nowinski, MongoDB, Hakyung Kim, CrowdStrike, Brian Essex, Essex, — Hakyung Kim, UnitedHealth, Andrew Mok, Mok, Berenberg, Philip Buller, Buller, Bob Jian Huang, Huang, Daniela Bretthauer, Krisztina Katai, — Fred Imbert, Morgan Stanley's Adam Jonas, Tesla, Jonas Organizations: CNBC, HSBC, Target, JPMorgan, Barclays, Medicare, Honeywell, Berenberg, Morgan Stanley Insurance, Progressive, Target . Deutsche Bank Locations: Andrew Mok ., Honeywell's, U.S, Tuesday's
Pascal Le Segretain/Getty ImagesEqually at Rabanne, tartan blazers were given a grungier edge with leather-trimmed sleeves and fasteners. The rise of ‘Les People’Traditionally, showing interest in celebrities (“Les people” in Parisian slang) was a big no-no amongst the proudly snobby French fashion press. For busy women, multitasking women, women who can. Pascal Le Segretain/Getty ImagesStockman-style coats in colored, patent and soft leather were everywhere at Chloé, as were thigh-high boots and wafting, chiffon dresses. Pascal Le Segretain/Getty ImagesTraditional preppy skirt suits were given an edge with "Miss Dior" emblazoned in a graffiti style scrawling.
Persons: Saint Laurent, , Wim Wenders, , ” Balmain’s, Ester Manas, Nina Ricci, Kate Moss, Denise Ohnona, Serre, Arnel Dela, Alessandro Vigilante, , Coco, Kroes, Pascal Le Segretain, Chemena, Sienna Miller, Gaby Aghion, preppy Kristin Scott Thomas, Miu Miu, Farida Khelfa, Carine, Julia Roitfeld, Victoria Beckham, Anna, Pat Cleveland, Jerry Hall, Georgia Jagger, Kiernan Shipka, Georgia May Jagger, Julien de Rosa, ’ ’, Charles de Vilmorin, Aldama, Loewe, Dior ” —, Jackie O, Salma Hayek, Kim Kardashian, Naomi Campbell, Penelope Cruz, Hari Nef, Emily Ratajkowski, Victor Aubry, Sipa, JM Haedrich, Alexandre Maras, Louise Trotter, Sophie Abriat, Valentino, Givenchy, Laurent, Demna, BFRND, scupltor, Jaanisoo, Rémy Brière, Nicolas Di Felice, Louis Sullivan, Justin Shin, McQueen, Seán, Ib Kamara’s, Nicolas Ghesquière, Louis Vuitton, Stockman, Jonas Gustavsson, Coco Chanel, Casey Cadwallader's, Albert York, Dior, Victor Virgile, Kristin Scott Thomas, Miu, Olivier Rousteing, Ik Aldama, Chloe —, Miller's, Arnold Jerocki, Filippo Fior, Gonzalo Fuentes, Thierry Chesnot, Ester Manas's Organizations: CNN, Paris, Paris CNN —, Eiffel, Saint Laurent Museum, Chloé, Victoria, Getty, Loewe, Dior, Monde, Saint Laurent, The Washington Post Locations: Paris, Trocadero, British, Deauville, Normandy, Mugler, Chloé, Georgia, AFP, Balenciaga, Chanel, Estonian, Courrèges, Dior
JD.com — The Chinese e-commerce platform surged nearly 19% after posting a quarterly revenue increase. Thor Industries — Shares plunged 11% after the recreational vehicle maker posted quarterly revenue that disappointed expectations. In its second quarter, Thor Industries reported revenue of $2.21 billion, weaker than the FactSet consensus estimate of $2.27 billion. Box posted fourth-quarter earnings of 42 cents per share, topping the forecast 38 cents in earnings per share from analysts polled by LSEG. Wall Street firms HSBC and Deutsche Bank upgraded Target to buy after the earnings results.
Persons: CrowdStrike, JD.com, Nordstrom, Morgan Stanley, Locker, HashiCorp, LSEG, Couchbase, Bitcoin, Ether, ChargePoint, Wolfe, Brown, Forman —, Forman, Jack Daniel's, Adam Jonas, Tesla, Fitch, — CNBC's Michelle Fox, Lisa Kailai Han, Hakyung Kim, Pia Singh, Samantha Subin Organizations: Management, Nordstrom, New York Community Bancorp, Reuters, Wall, Bank, — Bank, PNC Financial Services, Northern Trust, T Bank, Thor Industries, FactSet, ChargePoint Holdings, LSEG, OpenAI, , U.S . Army, Tactical Intelligence, Wall Street, HSBC, Deutsche Bank, Target, Argus, Abercrombie, Fitch, Tech Locations: FactSet ., LSEG .
That is as long as the design passes a review by the Union Cycliste Internationale (UCI), cycling’s global governing body. Team Visma-Lease a Bike riders debuted the large helmet at the Tirreno-Adriatico prologue in Italy on Monday. However, on Tuesday, the UCI referenced the new design while announcing a review into its rules around helmets in competitions. As part of its helmet regulations, the UCI insists that all helmets used by professional riders are also available to the public. CNN has contacted Specialized, Visma-Lease a Bike, Giro and Rudy Project for comment on the UCI’s review into helmet designs.
Persons: Giro, ” Paul Martens, Jonas Vingegaard, Juan Ayuso, Reg u, ul, ava, lable to Organizations: CNN, Star Wars, Union Cycliste Internationale, Giro, de France, UAE Team Emirates, day, th, UCI Locations: Italy
Advertisement"I always remember early label conversations when we'd run TikTok campaigns," Ramzi Najdawi, cofounder at the music-marketing firm ATG, told BI. In 2024, most artists now need to get directly involved in creating social content in some form, said 10 music marketers who spoke to BI about their strategies. AdvertisementTo make influencer campaigns work better, music marketers ask artists to post original content first, creating organic interest in a song that creators can then push forward with additional videos. "Influencer campaigns don't really work in the way that people think they do," Prophet Media's founder Steph Rinzler told BI. Many marketers are now seeking out an artist's fans, rather than random influencers, to make videos for song campaigns.
Persons: , TikTok, Taylor Upsahl, wasn't, influencers, we'd, Ramzi Najdawi, doesn't, it's, Ed Winters Ronaldson, Najdawi, scrappy, Cynthia Parkhurst, Jonas, Parkhurst, Matine Kazemi, Lawrence, Prophet Media's, Steph Rinzler, Omid Noori, Taylor Swift, Olivia Rodrigo, Simon Friend, Sean Kane, Kane Organizations: Service, Business, BI, Universal Music, Creative, YouTube, Prophet Media
Asia's richest family, the Ambanis, threw a lavish three-day pre-wedding party for Anant Ambani. Bill Gates and Mark Zuckerberg attended the bash, which featured a private Rihanna concert. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA star-studded guest list, designer gowns galore, and a private Rihanna concert — and that was just for the Ambani pre-wedding bash.
Persons: Anant Ambani, Bill Gates, Mark Zuckerberg, , Ambani, Radhika Merchant, Viren Merchant, Donald Trump's, Ivanka Trump, Rihanna, Mukesh Ambani's, Isha Ambani, Anand Piramal, Shah Rukh Khan, Priyanka Chopra, Nick Jonas, Hillary Clinton Organizations: Service, Encore Healthcare, Viren, Guardian, Beyoncé Locations: Indian, Gujarat, Jamnagar, Mumbai
Analysts at Morgan Stanley have named a slate of stocks to buy as March gets underway. The firm said investors should bet on the market's momentum by scooping up shares of undervalued companies. They include HashiCorp , Rivian Automotive , Dell Technologies, Sun Country Airlines and Huntington Bancshares. The stock is down 26% over the last 12 months, but the firm said investors should buy the dip. HashiCorp Analyst Sanjit Singh upgraded the cloud-computing infrastructure company to overweight from equal weight earlier this week.
Persons: Morgan Stanley, scooping, Ravi Shanker, Shanker, Sanjit Singh, Singh, Adam Jonas, , Jonas, Rivian, Dell, , Huntington, HBAN Organizations: CNBC, Rivian Automotive, Dell Technologies, Sun Country Airlines, Huntington, Amazon, Rivian, Airlines Locations: Huntington Bancshares
Mukesh Ambani is worth $111 billion, according to the Bloomberg Billionaires Index. The Ambanis live in a 27-story skyscraper in Mumbai thought to have cost $1 billion to construct. The Ambanis made headlines in 2018 for throwing one of the most lavish wedding celebrations ever for Isha Ambani and Anand Piramal. This week the family is staging an extravagant 3-day pre-wedding celebration for Anant, Mukesh Ambani's youngest son. The Ambani family home in Mumbai is a 27-story skyscraper that cost an estimated $1 billion to build.
Persons: Mukesh Ambani, , Anant, Isha Ambani, Anand Piramal, Priyanka Chopra, Nick Jonas, Hillary Clinton, Arianna Huffington, Mukesh Ambani's, Bill Gates, Mark Zuckerberg, Rihanna, Sundar Pichai, Jay Y, Lee, Ambani Organizations: Bloomberg, Reliance Industries, Service, Tech, Guardian, Reuters, Samsung Electronics, The Locations: Mumbai, India, Gujarat, The Times
Mark Zuckerberg and his wife Priscilla are attending the lavish Ambani pre-wedding party in India. The Meta CEO appears to be in full vacation mode after being pictured with a floral garland. The event for Anant Ambani and Radhika Merchant is due to feature a performance by Rihanna. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . He appears to be in full vacation mode after flying in with his wife for the Ambani family's extravagant three-day affair.
Persons: Mark Zuckerberg, Priscilla, Ambani, Anant Ambani, Radhika Merchant, Rihanna, , Mukesh Ambani, Anant, He's, Viren Merchant, Isha Ambani, Anand Piramal, Priyanka Chopra, Nick Jonas, Hillary Clinton, Arianna Huffington, Mukesh, Nita, Bill Gates, Ivanka Trump, Zuckerberg, he'd, Larry Fink, Murray Auchincloss, Sundar Pichai, Jay Y, Lee, Rihanna hasn't, Abu Organizations: Service, Encore Healthcare, The, Samsung Electronics, Reuters, India Today, Prix Locations: India, Gujarat, The Times
JOAN JONAS, 87, perched on a stool in a room behind the scenes at MoMA, was immediately recognizable as the artist she had been — compact, tense, intense — when she emerged as a figure in New York’s downtown scene in the late 1960s. In an essay published many years later, the composer Alvin Curran recalled Jonas’s stature in that environment: “On the streets, children cry out, ‘Here comes Joan Jonas,’” he wrote, adding that some even wanted to be what she was when they grew up: a performance artist. This month, she’s finally receiving a hometown retrospective at MoMA, a tribute on a scale she’s already had in cities such as Milan, London and Munich. “You’re coming, right?” said Jonas, speaking into a cellphone at the museum in late December. It was important to her that he, and many others in her world, see this collection of her work, its totality and its range.
Persons: JOAN JONAS, Alvin Curran, Joan Jonas, ’ ”, Jonas —, , Jonas, she’s, “ You’re, Organizations: MoMA Locations: New York’s, Milan, London, Munich, Europe
CNN —The southern Great Barrier Reef is suffering from extensive coral bleaching due to heat stress, the reef’s managers said Wednesday, raising fears that a seventh mass bleaching event could be unfolding across the vast, ecologically important site. Jonas Gratzer/LightRocket/Getty ImagesThe Great Barrier Reef’s managers plan to extend aerial and in-water surveys across the entire reef over the coming weeks. Hotter ocean temperatures caused severe mass bleaching at the Great Barrier Reef in 2016, 2017 and 2020. Last year, the UNESCO World Heritage Committee decided not to add the Great Barrier Reef to its list of sites “in danger,” despite scientific evidence suggesting the risk of another mass bleaching event. Greenpeace’s Ritter said that following the decision, “the Australian government promised to do everything it can to protect the Great Barrier Reef.
Persons: Mark Read, Elliot, Jonas Gratzer, , Neal Cantin, Maya Srinivasan, ” Srinivasan, ” David Ritter, , ” Ove Hoegh, Greenpeace’s Ritter Organizations: CNN, Park Authority, Australian Institute of Marine Science, El, James Cook University, Marine Park Authority, Greenpeace Australia Pacific, Foundation, Oceanic, UNESCO World Heritage Committee, Labor Locations: Keppel, Gladstone, Queensland, Australia, Cairns, Florida, Caribbean
However, the company also said it sees single-digit revenue growth for fiscal 2025. UBS reiterated a neutral rating alongside its $310 per share price target on Salesforce, or more than 3% upside ahead. Product revenue growth of 33% year over year in the fourth-quarter was also below Wall Street estimates. Murphy noted there's a disconnect between what Barrick has accomplished in the past five years and its stock price. "We see asset disposals and cost improvements as likely to reverse share price weakness as the market recognizes the strength of the asset portfolio."
Persons: Morgan Stanley, Snowflake, Jefferies, TD Cowen downgrades Macy's TD Cowen, Oliver Chen, Macy's, — Brian Evans, Brad Sills, Brian Evans, AutoNation Morgan Stanley, AutoNation, Morgan Stanley's, Mike Manley, Adam Jonas, Salesforce, Amy Weaver, Goldman Sachs, Kash Rangan, Bank of America's Brad Sills, Morgan Stanley downgrades Snowflake, Snowflake's, Frank Slootman, Keith Weiss, Matthew Murphy, Murphy, Fred Imbert Organizations: CNBC, Barrick, Mining, Bank of America, of America, TAM, Bank of America's, UBS, StreetAccount, Jefferies, Barrick Gold, Newmont, Newcrest Locations: Africa, East
VKTX YTD mountain Viking shares year to date Then, Viking shares more than doubled in trading on Tuesday, putting the stock on pace to report a more than 300% year-to-date gain, after the company said its GLP-1/GIP receptor agonist VK2735 hit all its primary goals in a phase 2 clinical trial. The Tema Cardiovascular and Metabolic ETF (HRTS) , which is up 12% year to date, owns Novo, Lilly and Viking. Still early days Some analysts and investors admit it is still very early days for obesity treatment and many questions remain to be answered. "We continue to expect above consensus growth in the space, as we are bullish on adoption from payers and broader obesity uptake," Meacham wrote. For obesity only, Lilly has already gained a 38% share, despite only being in the market for 13 weeks, he said.
Persons: Eli Lilly, Geoff Meacham, Meacham, Lilly, Yuri Khodjamirian, Khodjamirian, Jeff Jonas, Becton Dickinson, Novo, BofA's Meacham, What's, Tema's, it's, Gabelli's Jonas, he's, William Blair, Andy Hsieh, Hsieh Organizations: Novo Nordisk, Bank of America, Centers for Disease Control, Zealand Pharma, Viking Therapeutics, Zealand, Food and Drug Administration, Novo, Metabolic, Therapeutics, Pharmaceuticals, Rock, AstraZeneca, Roche, Gabelli Funds, FDA, Viking, Merck, Pfizer Locations: U.S, Tema, Novo Nordisk's, GLP, Lilly
Milan CNN —Gimmicks were gone at the latest Milan runways — which concluded yesterday — with designers instead striking a more serious note that encouraged investment buying. Julianne Moore, A$AP Rocky and Salma Hayek front row at the Bottega Veneta fashion show during the Milan Fashion Week. Jacopo Raule/Getty Images1980s reduxRelegated as the style decade that people preferred to forget, the 1980s is slowly but surely starting to pop up on the radar. Jacopo Raule/Getty ImagesEven at MaxMara, famed for its trademark camel, creative director Ian Griffiths went in a deliberately different direction to focus on silhouette over shade. Jacopo Raule/Getty ImagesDark colors also dominated at Giorgio Armani this season.
Persons: Milan, Miuccia Prada, Raf Simons, Donatella Versace, , Julianne Moore, Rocky, Salma Hayek, Daniele Venturelli, Giorgio Armani, Bottega Veneta’s Matthieu Blazy, ” Franken, Franken, Jonas Gustavsson, Matthieu Blazy, Victor Virgile, Blazy “, Massimo Giorgetti —, Truman Capote’s “, , knitwear, Jacopo Raule, Jil Sander, stilettos, Matteo Tamburini, Kim Jones, Karl Lagerfeld, Leigh Bowery, Judy, Julia, Versace, Anne Hathaway, Gina di Bernardo —, Aldo Fallai’s, Prince, Ferragamo, Tom Ford, Giovanni Giannoni, Ian Griffiths, “ We’re, we’re, Marco M, Gigi Hadid, Solange Knowles, Jacopo M, Matthieu, Aitor Rosas Sune, WWD, Hari Nef, Riccardo Giordano, Sipa Cate Blanchett, Gabriel Bouys Organizations: Milan CNN, Prada, Bottega Veneta, Blazy, Truman Capote’s “ La, Truman Capote’s “ La Cote Basque, Getty, Dolce, Diesel, Milan Locations: Milan, , Bottega, MSGM, Truman Capote’s “ La Cote, London, “ London, MaxMara, Avavav, AFP
Former Disney star Bridgit Mendler is now the CEO and cofounder of a space satellite startup, to the surprise of some of her fans. Mendler is best known for playing Teddy Duncan in all four seasons of the Disney show "Good Luck Charlie," but has recently moved away from performing. On Monday, CNBC exclusively reported that Mendler is launching the startup Northwood Space with business partner Shaurya Luthra and her husband, Griffin Cleverly. Northwood Space aims to mass-produce ground stations and antennas that connect to satellites, making them more accessible for space companies, CNBC reported. In 2017, Mendler started working at the Massachusetts Institute of Technology's (MIT) Media Lab.
Persons: , Mendler, Teddy Duncan, Charlie, Shaurya Luthra, Griffin, @foundersfund, Barbie, lace", endler, egan Organizations: Service, Disney, CNBC, Space, Northwood, ince Locations: @NorthwoodSpace, ath
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