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Here’s what analysts are expecting from Tesla earnings
  + stars: | 2024-01-24 | by ( Pia Singh | ) www.cnbc.com   time to read: +5 min
Analysts are largely cautious on Tesla — and the broader autos industry — ahead of the electric vehicle company's earnings on Wednesday. TSLA 1Y mountain Tesla shares over the past year. "There is continually growing evidence that the global EV market is in an unfavorable balance of supply (growing) vs. demand (slowing)." The analyst rates Tesla stock a buy with a $260 price target. Higher units likely require more price cuts," analyst Joseph Spak forecasted about Tesla's earnings in a Jan. 15 note.
Persons: Tesla, outsized, John Murphy, Murphy, Wells, Colin Langan, Langan, Morgan Stanley Morgan Stanley, Adam Jonas, Jonas, Emmanuel Rosner, Rosner, Joseph Spak Organizations: Tesla, Bank of America, Deutsche Bank Deutsche Bank Research, UBS UBS, UBS Locations: China, Tuesday's, Downside, Wells Fargo, Europe
It's not the Mag 7's fault the other S&P 500 stocks aren't as compelling, says Jim Cramer'Mad Money' host Jim Cramer talks about the markets record trading day and the Magnificent 7's role.
Persons: It's, Jim Cramer
Markets are closely monitoring Q4 earnings results, which began rolling out in mid-January, since they give much-needed clarity on the prior year while setting the tone for the year ahead. AdvertisementWhat to expect during the Q4 earnings seasonEarnings seasons often bring surprises, but there are also bankable bets. But we're going to be driven more by the macro, if we're excluding these mega-cap tech stocks." 3 sectors with boom-or-bust potentialWhile the strategists Business Insider spoke with didn't provide investing recommendations, several shared which sectors they're watching in Q4. Bianco believes the tech sector's earnings will rise over 20% this year.
Persons: , Matt Stucky, Stucky, David Kelly, UBS Josh Jamner, That's, Jamner, Carol Schleif, Schleif, there's, Anthony Saglimbene, David Bianco, Saglimbene, Bianco, Brad Klapmeyer, Klapmeyer, " Bianco, Ameriprise's Saglimbene, BMO's Schleif, Indrani De, De, she's, he'd, that's Organizations: Service, Business, Northwestern Mutual Wealth Management, Asset Management, UBS, ClearBridge Investments, BMO Family Office, DWS, Macquarie Asset Management, FTSE Russell Locations: Americas
Megacap technology stocks reascended the throne in 2023 after a debilitating 2022 left some investors sour on the outlook for the industry. The stocks are really going to have to show what the next big thing is." Even as it outperformed the market, the e-commerce giant's gains were overshadowed by other large megacaps flaunting their latest AI innovations, with some worrying Amazon may be falling behind on AI technology . Semiconductor companies Intel , Broadcom and Lam Research also look attractive even if Mag 7 stocks maintain their leadership position as AI proliferates, Woods said. "It's a story that is just starting to play out and we're just going to build on it going forward," he said.
Persons: Tesla, Jay Woods, hasn't, Capital's, Woods, aren't, DoorDash, Uber, Neuberger, Dan Flax, Bard, missteps, Gene Munster, Ken Mahoney, Richard Bernstein, wouldn't, Brent Fredberg, we're Organizations: Federal, Nvidia, Amazon, Apple, Microsoft, Meta, Tesla, Freedom Capital, Asset Management, Richard Bernstein Advisors, Brandes Investment Partners, outperformance, Micron Technology, Semiconductor, Intel, Broadcom, Lam Research Locations: GOOGL
Princess Keisha, an American model and Nigerian royal, recently moved from the UK to Spain. She said she admires Spain's relaxed work culture and family-oriented sense of community. She is married to Prince Kunle, crown prince of the Arugbabuwo ruling house in Nigeria. The model is also impressed with the country's relaxed work culture, although she admits that she initially found it difficult to get used to. Advertisement"In America in particular, working hard, having the best house, the biggest house, and work, work, work, is pretty much the culture," Keisha said.
Persons: Keisha, Brexit, Spain's, , Keisha Omilana, Prince Kunle, Princess Keisha, PATRICK MCMULLAN, Patrick McMullan, Kunle, It's Organizations: Service, Tribeca, Getty, New, Union Locations: American, Spain, Valencia, London, Spanish, Nigeria, New York City, Dubai, Europe
Steve Mandel's Lone Pine Capital opened a huge stake in Meta during the third quarter, regulatory filings show. META YTD mountain Meta shares in 2023 Meta is now the Connecticut-based fund's largest single holding, according to InsiderScore. Lone Pine also opened a big position in Alphabet during the period, valued at slightly more than $400 million. Elsewhere, Lone Pine raised its Amazon stake nearly 12% in the three-month period, after slashing it 26% in the second quarter. Outside of big tech, Lone Pine made some adjustments to financial services stocks.
Persons: Steve Mandel's, Julian Robertson, Mandel's, Lone Pine, Pine, Mandel, Lone, Tempur Sealy Organizations: Steve Mandel's Lone, Steve Mandel's Lone Pine Capital, Meta, Tiger Cubs, Securities and Exchange Commission, Google, Microsoft, Lone Pine, Nvidia, Mastercard, Body, & & $ Locations: Steve Mandel's Lone Pine, Connecticut, Lone, Tempur
Top bitcoin miners sold more tokens than they produced last month, according to data portal The Miner Mag. Thirteen public miners sold $164 million worth of bitcoin, cashing in on its price rally in October. Miners' bitcoin liquidation-to-production ratio last month was 104%, up from 70% over the summer. AdvertisementAdvertisementTop crypto miners capitalized on the surge in bitcoin prices last month, selling more tokens than they produced. According to a post on crypto data portal The Miner Mag, 13 public bitcoin miners, including Hut 8 and Bit Digital, sold a total of 15,492 tokens worth $164 million.
Persons: , bitcoin Organizations: Miners, Service Locations: Riding, what's
Travis Kelce before a game against the Los Angeles Chargers on October 22, 2023 in Kansas City, Missouri. Travis Kelce has made more than $70 million throughout his career in the National Football League, but he still remembers how he spent his first paycheck. Kelce says he spent around $10,000 on the limited-edition sneaker, which are replicas of the futuristic shoes Michael J. "I spent way too much money in clubs, and I was avoiding the rent lady," he said. Following a five-year $46 million contract extension in 2016, Kelce signed another four-year extension in 2020, worth just over $57 million.
Persons: Travis Kelce, Marty McFlys, Kelce, Michael J, Fox, I've, Jason Kelce, Shaquille O'Neal, Mercedes Benz, O'Neal, Klay Thompson, Maverick Carter, Thompson, Carter, Serena Williams Organizations: Los Angeles Chargers, National Football League, Nike Air MAG, Nike, Philadelphia Eagles, Forbes, Basketball Association, Washington State University, Del Mar, Target Locations: Kansas City , Missouri, Del, U.S, Bahamas
By the end of his first year in the National Football League, Kansas City Chiefs tight end Travis Kelce was "damn near dead broke," he said on his weekly "New Heights" podcast in May. "I had my eyes on a pair of size 13 Nike Air MAG 'Marty McFlys' — the coolest shoes that I'd ever seen in my life," Travis said. "As soon as I got my check, I immediately went online and sourced them." A shoe collector, Travis said he spent around $10,000 on the limited edition sneaker. "Somebody came up to me and told me that you had bought those shoes and I looked up how much they were and I remember being like, 'What the f--- , Travis,'" laughed Jason.
Persons: Travis Kelce, Travis, Jason Kelce, Marty McFlys, Jason Organizations: National Football League, Kansas City Chiefs, Philadelphia Eagles, Nike Air MAG
Silhouettes of runners are seen during the New York City Marathon in New York November 4, 2007. REUTERS/Shannon Stapleton/File Photo Acquire Licensing RightsOct 11 (Reuters) - Some of the United States' top marathon runners are meeting with USA Track and Field CEO Max Siegel on Thursday in hopes of changing the noon start time of the 2024 U.S. Olympic Trials over concerns about the heat in host Orlando. The athletes want more favourable conditions in order to run faster Olympic qualifying times. "This past February, there was not a single day with a recorded high temperature lower than 70 degrees, and all had high humidity," the marathon runners wrote. "In 2023, the average daily high temperature was 78 degrees with many days in reaching the high 80s.
Persons: Shannon Stapleton, Max Siegel, Max, Jared Ward, Lori Ewing, Christian Radnedge Organizations: New York City Marathon, REUTERS, USA, Olympic, USATF, Thomson Locations: New York, United States, Orlando
London CNN —Intelligence officers in Belgium are monitoring Alibaba’s logistics hub in Europe for possible espionage on behalf of the Chinese government. Belgium’s state security service VSSE told CNN Thursday it was watching the activities of Alibaba’s (BABA) logistics arm, Cainiao, at the country’s Liège cargo airport. “We strongly deny the allegations [which are] based on prior conjecture,” Cainiao told CNN in a statement. Liège airport announced in 2018 that it had struck a deal with Cainiao to become its European logistics hub. Last month, Alibaba announced a plan to spin off and list Cainiao on the Hong Kong Stock Exchange.
Persons: VSSE, , ” Cainiao, Cainiao, Eric Lalmand, Alibaba, — Juliana Liu Organizations: London CNN — Intelligence, CNN, Financial Times, Cainiao, Getty, European Union, Hong Kong Stock Exchange Locations: Belgium, Europe, Liège, AFP, Belgian, Berlin, Hamburg
Web3 music platforms are changing the industry, giving artists better payouts and ways to reach fans. Orin FleurimontThe importance of direct-to-consumer offerings for music artists has never been more evident. It also uses familiar terminology throughout its platform and in marketing, similar to what one would find on traditional music platforms. The benefit of this hybrid approach is clear: In April, when much of the Web3 music space faced uncertainty, Even closed its $2.2 million seed round. Safeguarding security and enhancing educationWhile integrating Web3 and Web2 experiences on music platforms offers promising benefits, there are drawbacks and areas for improvement.
Persons: Tanerélle, Orin Fleurimont, Web3, Mag Rodriguez, Weston Rich, Rodriguez, Eric Bellinger, Shaun, Snoop Dogg, Tayla Parx, Bobby Shmurda, Andreessen Horowitz, Sound.XYZ, David Greenstein, Pablo Sáez David Greenstein, Brett Shear, Christopher Lee, Erin Leydon, Lee, merch, Vérité, IYK, Jamie Kim, Audius Organizations: Service, Spotify, Apple, PTC, Investments, IYK, IRL, Atlantic Records, NFC Locations: Wall, Silicon, Web3, Sound.XYZ
When the airline lost his bike, he tracked it himself
  + stars: | 2023-09-05 | by ( Julia Buckley | ) edition.cnn.com   time to read: +10 min
His journey had been operated by two different, code-sharing airlines: Brussels Airlines from Lyon to Brussels, then United to the US. “They said, ‘Well, based on our records, Brussels Airlines have the bag and need to give it to us.’ They said they’d message Brussels Airlines. Barnett replied with the location as tracked by AirTag, and two photos of Gray with the bike bag to show her its size. ‘I just needed someone to care’Ella Dollinschi went above and beyond to recover Barnett's bike at Brussels Airport. And in general, I think it’s important to help other people from a humane perspective.”Luke and Gray Barnett certainly agree.
Persons: Luke Barnett, Gray, , , Luke, , ” Gray’s, Barnett, United wasn’t, Gray’s, , ’ ”, , ‘ United, we’re, Barnett wasn’t panicking, hadn’t, he’d, messaged, Ella Barnett, “ Ella, ” “, ” Ella wasn’t, ’ Ella Dollinschi, Ella, She’s Ella Dollinschi, didn’t, ” Luke, Gray Barnett, we’d, Ella Dollinschi, Scott Olson, United –, United, Mr Barnett, We’ve, ” Barnett, he’s, It’s, – Barnett, He’ll Organizations: CNN, EF, Cycling team’s, Brussels –, Brussels Airlines, Star Alliance, United, Brussels Airport, Getty, callbacks, Facebook, US Department of Transport, Cycling team's, . Airlines, Brussels, Chicago O'Hare, Airport Locations: France, Belgium, Greenville , South Carolina, Europe, Lyon, – Lyon, Brussels, United, Vermont, Greenville, , Chicago, bleeped, Spartanburg
CNN —Venus Williams’ record-extending 24th appearance in the US Open singles draw came to an early end on Tuesday as she suffered a heavy first-round defeat against Belgium’s Greet Minnen. “My preparation was definitely minimal,” Williams told reporters after her landmark 100th US Open match. Williams was appearing in the US Open singles draw for the 24th time. 204 Sachia Vickery, as she bids to reach the third round of a grand slam for only the second time in her career. Jabeur battles through illnessElsewhere in the women’s singles draw, last year’s runner-up Ons Jabeur struggled physically in her 7-5 7-6(7-4) win against Camila Osorio.
Persons: Venus Williams, Belgium’s, Minnen, Williams, Arthur Ashe, ” Williams, , Tony Behar, ” Minnen, Sachia Vickery, Camila Osorio, Jabeur, Timothy A, Clary, ” Jabeur, , Linda Nosková, Jessica Pegula, Caroline Garcia, China’s Wang Yafan Organizations: CNN, Reuters, 100th, MAG, Getty, Wimbledon, Colombian Locations: AFP, Czech
X apparently took two days to delete the account of the man suspected of killing Laura Ann Carleton. The killing happened because Carleton had a Pride flag outside her California clothing store, officials have said. AdvertisementAdvertisementThe man suspected of killing California business owner Laura Ann "Lauri" Carleton over the Pride flag outside her store apparently used X to share his homophobic views. The platform took two days to remove his account, according to CNN. The suspect and owner of the now-suspended X account was eventually identified as Travis Ikeguchi, according to USA Today.
Persons: Laura Ann Carleton, Carleton, Laura Ann, Lauri, Alejandra Caraballo, Travis Ikeguchi, Elon Musk, Musk Organizations: CNN, Harvard Law School Cyberlaw Clinic, Wayback Machine, San, San Bernardino County Sheriff's Department, Southern California ., USA, European Commission Locations: California, Pride, San Bernardino County, Southern California, Southern California . Carleton
Bukar Isa, from the Mines Advisory Group (MAG), shows displaced victims of the Boko Haram insurgence how to identify marked objects of danger on the street, during a safety training at the Gubio camp in Maiduguri, Nigeria May 6, 2022. REUTERS/Afolabi Sotunde/File Photo Acquire Licensing RightsMAIDUGURI, Nigeria, Aug 25 (Reuters) - Forty-nine women kidnapped by Boko Haram earlier in the week near Maiduguri, in Nigeria's northeastern Borno state, regained their freedom early on Friday after a state official paid a ransom for their release, two of the victims and a local leader said. "We were all released at midnight after Boko Haram said our families secured our release after meeting their demands," one of the victims said. Borno commissioner for youth and police spokesman Sani Kamilu Shatambaya didn't immediately respond to calls for comment. ($1 = 770.8400 naira)Reporting by Ahmed Kingimi; Editing Elisha Bala-Gbogbo and Sandra MalerOur Standards: The Thomson Reuters Trust Principles.
Persons: Bukar Isa, Afolabi, Boko Haram, wasn't, Sani Kamilu Shatambaya didn't, Ahmed Kingimi, Elisha Bala, Gbogbo, Sandra Maler Organizations: Mines Advisory, REUTERS, Reuters, Thomson Locations: Maiduguri, Nigeria, Nigeria's, Borno, Shuwaei Kawuri, Chad, Niger, Cameroon
Ikeguchi had also made “several disparaging remarks” about the flag before shooting Carleton, the sheriff’s office said in a news release. The store’s flag has been torn down several times before, but it was always replaced with a bigger flag, Carleton’s daughter, Ari Carleton told CNN’s Anderson Cooper on Monday. “I know that she passed standing up for something she believed in,” Ari Carleton said. Hollywood director Paul Feig paid tribute to Lauri Carleton, calling her a wonderful friend. Lauri Carleton and her husband were married for 28 years and share “a blended family of nine children,” according to the website.
Persons: Laura Ann “ Lauri ” Carleton, Travis Ikeguchi, Ikeguchi, , Carleton, Sheriff Shannon Dicus, , Ari Carleton, CNN’s Anderson Cooper, . Carleton, Kelley Robinson, Gavin Newsom, Dicus, ” Ari Carleton, Lauri Carleton’s, Paul Feig, Lauri Carleton, Bort, Lauri, ” Feig, ” Lauri Carleton’s, “ Lauri, ” Matthew Clevenger, Clevenger, “ It’s Organizations: CNN, San, San Bernardino County Sheriff’s, Carleton, ., Human, Twitter, ArtCenter College of Design, Lake Arrowhead Locations: Southern California, Cedar Glen, Los Angeles, San Bernardino County, California, ” California, Pasadena , California
Not so long ago, landing a helicopter on a Broadway stage was kind of a big deal. In “El Mago Pop,” the charming, thrilling, silly Broadway show by the Spanish illusionist Antonio Díaz, it is one of the more minor stunts. Like most professional magicians, he discovered magic early and worked at it obsessively, a process he details in a long video sequence that begins the brief show. He is short and slight, with long, nimble fingers — watch those fingers when you can, the precision and economy are gorgeous — and a high, fast voice. But maybe that’s what happens when the boy next door comes to Broadway.
Persons: El Mago, Antonio Díaz, Díaz, Doug Henning, Ethel Barrymore, Mag Locations: Spanish, Barcelona, Spain
Every time someone ripped down the rainbow Pride flag from the Mag.Pi clothing store in the San Bernardino mountains in California, the store’s owner, Laura Ann Carleton, responded by putting up a bigger one. Around 5 p.m. on Friday, she was fatally shot by a man who made disparaging remarks about the shop’s Pride flag, the authorities said. The man, whose identity has not been released, fled the scene on foot. Deputies found him with a handgun, and he was killed in an encounter with law enforcement, the San Bernardino County Sheriff’s Department said in a statement. The department said that “detectives learned the suspect made several disparaging remarks about a rainbow flag that stood outside the store before shooting Carleton.”
Persons: Laura Ann Carleton, Carleton, Organizations: San, San Bernardino County Sheriff’s Department Locations: San Bernardino, California, San Bernardino County
What are the eight Women’s World Cup armbands? The eight different armbands each carry a “specific message” according to FIFA, falling under the governing body’s “Football Unites the World” campaign and in partnership with various United Nations’ agencies and the World Health Organization (WHO). During last year’s men’s World Cup in Qatar, a number of European captains withdrew from wearing an armband adorned with a heart striped in different colors as part of the “OneLove” campaign. England captain Millie Bright said she planned to wear three different armbands for each of her team’s group stage matches. “Nothing stopping Ali Riley from showing PRIDE at the World Cup this summer,” the website Women’s Sport Exchange tweeted.
Persons: Ali Riley, Steph Catley –, Sam Kerr, , Qatar Bruno Fahy, Gianni Infantino, Millie Bright, ” Bright, ” Sarah Gregorius, “ You’ve, ’ ” Gregorius, Zealander Riley’s, Riley, Amanda Davies, , , ” Ali Riley, Saeed Khan, Jennifer Garner, Angel City’s Organizations: CNN, New Zealand, Football Ferns, Inclusion, Australia, Indigenous Peoples, Ireland, FIFA, body’s “ Football, United Nations, World Health Organization, WHO, UN Human, Equality, UN, Peace –, UNHCR, UN Refugee Agency, Education, , Cultural Organization, UNESCO, UN Women, Qatar, Getty, Football, “ Football, Reuters, , FIFPRO, Zealander, Norway, Angel City FC, PRIDE, Exchange Locations: Norway, Sydney, Qatar, England, Netherlands, Germany, Eden, Auckland, AFP
Consensual sex workers and advocates say the law, an addition to Section 230, makes them less safe. I was doing online work in the past and this feels more dangerous' or 'I've experienced assault' since it happened," Cleary told Insider. After FOSTA was passed, sex workers, advocates, and some anti-trafficking groups predicted this outcome, warning lawmakers that the overbroad law would lead to a chilling effect and reduced resources for consensual sex workers and trafficking victims. If this law has had an effect on rates of trafficking in the United States, it has evidently only increased the risks sex workers and trafficking survivors face." "As Bardot Smith has said, 'Sex workers are often the canaries in the coal mine,'" Kendra Albert, the cyberlaw clinic instructor at Harvard Law School, told WHYY.
Persons: Rebecca Cleary, I've, Cleary, FOSTA, they're, SESTA, Lexi, HuffPost, TechDirt, Bardot Smith, Kendra Albert, WHYY Organizations: DC, Service, Communications, Twitter, Baylor University and West Virginia University, Craigslist, Harvard Law School Locations: Wall, Silicon, United States, Florida
Anson Frericks, a former executive at Anheuser-Busch, has criticized how the company has handled the backlash against Bud Light. Now, Anheuser-Busch has gotten involved with issues that he's been fighting against, Frericks told Insider. Anheuser-Busch US CEO Brendan Whitworth hasn't explicitly defended the Bud Light partnership with influencer Dylan Mulaney, nor has he called it a mistake. The dip in Bud Light sales persisted through the end of June, USA Today reported. In a TikTok video posted at the end of June, Mulvaney alleged that Bud Light never reached out to her following the onslaught of hate she received.
Persons: Anson Frericks, Bud Light, Bud, influencer Dylan Mulvaney, Brendan Whitworth, Mulvaney, Whitworth, Frericks, he's, Busch, He's, Vivek Ramaswamy, Marc Benoiff, Brendan Whitworth hasn't, influencer Dylan Mulaney, Getty, LAURIE DIEFFEMBACQ, Dylan Mulvaney Organizations: Anheuser, Busch, Service, Whitworth, CBS, Newsweek, Street, Fox News, Daily Mail, Fox, Bud, MAG, AFP, Pride Month, Human, USA Locations: Wall, Silicon
CNN —As she took to the start line of the 100-meter hurdles, Jolien Boumkwo was at first met with confusion, then amusement, then raucous support. The Belgian shot putter emerged as an unlikely hero from the European Athletics Team Championships in Poland on Saturday after injuries to her teammates compelled her to step into the hurdles event at the last minute. Boumkwo, who had placed seventh in the shot put the day before, eventually finished in 32.18 seconds – 19 seconds behind the next slowest athlete. The crowd screamed their support as she ran towards the finish line, her teammates applauded her can-do spirit, and online she was inundated with positive messages. Boumkwo races to finish line in the 100-meter hurdles.
Persons: Jolien Boumkwo, Boumkwo jogged, CNN Sport’s Don Riddell, Boumkwo soaks, Thomas Windestam, ” Boumkwo, , Boumkwo, Erik Van Leeuwen, , … It’s, “ I’m, Organizations: CNN, European Athletics Team, MAG, Getty, BELGA MAG Locations: Belgian, Poland, Belgium, AFP
Women make up only 13.7% of truck drivers. Tools like tactical pens, hammers, and mag lights are popular means of self-defense. Unlike firearms or mace, tactical pens can be legally transported across all state lines, a handy feature for truckers, who cross a lot of them. Jeffers used to travel with a rottweiler. "But I put him through training, and he was very protective of the truck, whether I was there or not."
Persons: Chamaine Jeffers, Jeffers, who's, Pepper, she's, there's, — Jeffers, JC Penney, Jeffer, it's, It's, I'm Organizations: Morning, Trucking, Association Locations: Laredo , Texas
Just ask Belgian shot put thrower Jolien Boumkwo, who competed in the 100-meter hurdles at the European Athletics Team Championships on Saturday after her teammates had to withdraw through injury. After placing seventh in the shot put on Friday, Boumkwo turned her attention to the hurdles at the last minute and duly finished in a time of 32.81 seconds – 19 seconds behind the seventh-placed athlete. Footage of Boumkwo carefully stepping over each hurdle while the other athletes race away ahead of her has since gone viral on social media. She smiled and laughed throughout before being congratulated by other competitors at the finish line. Boumkwo negotiated the 100-meter hurdles without colliding with any of the barriers.
Persons: Jolien Boumkwo, Boumkwo, Thomas Windestam Organizations: CNN, European Athletics, BELGA MAG, Belgium Locations: Belgian, AFP, Poland
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