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☆ Morgan Stanley says buy this under-the-radar Israeli fabric printing stock
▼ + stars: | 2023-08-10 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Morgan Stanley thinks Wall Street overreacted to Kornit Digital's latest revenue guidance, and shares in the Israeli fabric printing company now present a favorable buying opportunity. Morgan Stanley's forecast implies more than 30% upside from Wednesday's $22.23 close. Kornit Digital shares are 6.6% higher in 2023 after climbing more than 10% early Thursday. KRNT YTD mountain Kornit Digital stock has shed 3.2% from the start of the year. But Morgan Stanley analyst Erik Woodring says the market reaction to Kornit's lower second-half revenue forecast, which he says came in 7% below consensus estimates, was too severe.

Persons: Morgan Stanley, Kornit, Morgan Stanley's, Erik Woodring, Woodring, — CNBC's Michael Bloom Organizations: Kornit, FactSet, Textile Machinery Association

☆ U.S. Watchdog Halts Studies at N.Y. Psychiatric Center After a Subject’s Suicide
▼ + stars: | 2023-08-10 | by ( Ellen Barry | More About Ellen Barry | ) www.nytimes.com time to read: +1 min

Federal regulators have suspended research on human subjects at the Columbia-affiliated New York State Psychiatric Institute, one of the country’s oldest research centers, as they investigate safety protocols across the institute after the suicide of a research participant. The decision affected 417 studies, of which 198 have continuing participation. Of those, 124 receive federal funding. It is unusual for the U.S. regulatory office to suspend research, and this suggests that investigators are concerned that potential violations of safety protocols occurred more broadly within the institute. Almost 500 studies, with combined budgets totaling $86 million, are underway at the institute, according to its website.

Persons: Kate Migliaccio, “, Carla Cantor Organizations: Columbia, New, Psychiatric Institute, U.S . Department of Health, Human Services, Human

☆ Tesla's sales in China have tumbled and its slumping economy may not be to blame, Bank of America says
▼ + stars: | 2023-08-10 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +2 min

Tesla sales in China have slumped – and it's faltering economy may not be the reason why, according to Bank of America. That's because demand for Tesla rival BYD rose 4%, while Tesla deliveries dropped 31% month-over-month in July. It suggests demand for Teslas in China is waning in the face of local competition. In a recent note, the bank highlighted Tesla Model 3 and Model Y deliveries in China dropped by 31% month-over-month in July, while its largest EV competitor in China, BYD Auto, grew 4% month-over-month. Tesla has repeatedly dropped prices of its vehicles over the past year, in a bid to undercut rivals and boost market share.

Persons: BYD, TSLA, John Murphy, Tesla, Murphy Organizations: Bank of America, Service, EV, BYD, Beijing Locations: China, Wall, Silicon, BYD

☆ I'm a 25-year-old with 2 master's degrees and $131,000 in student debt. I just left Paris and am getting ready to travel to Asia.
▼ + stars: | 2023-08-10 | by ( Alexandra York | Josée Rose | ) www.businessinsider.com time to read: +13 min

Hayley is an American who spent two years living in Paris and going to school. She recently left Paris and is getting ready to travel to India and beyond. Once a week, I'd pick her up from school and we'd spend about two hours together. I'm going to do a week in India, then I'm going to do a few days in Singapore, then a week and a half in Australia with friends. I'm part of a Facebook group called Host a Sister so I'm staying with women in India who also love to travel solo and then with friends in all the other countries I'm going.

Persons: Hayley, Paris Hayley, I'd, —, I'm, it's, there's, UNESCO's MGIEP, I've Organizations: Service, Anderson College, Arcadia University, Mahatma Gandhi Institute of Education for Peace, Sustainable Development Locations: American, Paris, India, Asia, Wall, Silicon, Kalamazoo , Michigan, South Carolina, Uganda, Marais, Kalamazoo Shore, Jordan, Europe, Midwest, North America, New Zealand, Italy, undergrad, Spain, Michigan, Southeast Asia, Singapore, Australia, Vietnam, Thailand, Kalamazoo

☆ European stocks outperform as Italy soothes bank tax nerves
▼ + stars: | 2023-08-09 | by ( Naomi Rovnick | ) www.reuters.com time to read: +4 min

[1/2] Signage for the London Stock Exchange Group is seen outside of offices in Canary Wharf in London, Britain, August 3, 2023. MSCI's broad index of global shares (.MIWD00000PUS) was 0.2% higher in European afternoon trade. Europe's regional Stoxx 600 (.STOXX) share index rose 0.9%, with bank stocks (.SX7P) around 1.6% higher. Italy's FTSE MIB share index gained 1.8%. "The burden-sharing of the costs and benefits from higher rates has a habit of becoming a political issue," Deutsche Bank strategist Jim Reid said.

Persons: Toby Melville, Jim Reid, China's, Naomi Rovnick, Stella Qiu, Sydney, Ellen Zhang, Christina Fincher, David Evans Organizations: London Stock Exchange, REUTERS, China CPI, Wall Street, Deutsche Bank, Federal Reserve, Nasdaq, Moody's, U.S . National Federation of Independent, Wednesday, U.S . Treasury, BCA, Reserve, Brent, U.S . West Texas, Thomson Locations: Canary Wharf, London, Britain, China, Italy, Thursday's U.S, U.S, Saudi Arabia, Beijing

☆ Asian shares weaken slightly on China deflation risk, bank jitters
▼ + stars: | 2023-08-09 | by ( Stella Qiu | ) www.reuters.com time to read: +5 min

In Asia, the MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) edged 0.2% higher, following a 1.2% tumble a day earlier. Producer prices fell for a 10th consecutive month. "It is not likely to see China entering a full deflation path as core CPI is still resilient and driven by services." "Having said that, if we do not see further improvement in consumer sentiment, it is possible to see growing deflation risks in China." Brent crude futures eased 0.2% to $86.00 per barrel and U.S. West Texas Intermediate crude futures also fell 0.2% to $82.73.

Persons: Issei Kato, Gary Ng, HSI, Chetan Ahya, Morgan Stanley, Dow, Stella Qiu, Ellen Zhang, Jamie Freed, Edmund Klamann, Simon Cameron, Moore Organizations: REUTERS, Nasdaq, Japan's Nikkei, PPI, Asia Pacific, Reuters, Wall, U.S, Brent, . West Texas, Thomson Locations: Tokyo, Japan, China, SYDNEY, Italy, Asia, Pacific, Hong Kong, Brazil, Beijing

☆ Asian shares hesitant on China deflation risk, bank jitters
▼ + stars: | 2023-08-09 | by ( Stella Qiu | ) www.reuters.com time to read: +5 min

The MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) edged 0.4% higher after a 1.2% tumble a day earlier. Closely watched China data on Wednesday showed consumer prices fell 0.3% in July from a year ago, the first decline since February 2021, although it was slightly better than the forecast of a 0.4% drop. Producer prices fell for a 10th consecutive month. 10-year yields slipped 2 basis points to 4.004%, after falling 5 basis points overnight to as low as 3.9840%, a one-week trough. Brent crude futures eased 0.2% to $86.02 per barrel and U.S. West Texas Intermediate crude futures also fell 0.2% to $82.73.

Persons: Issei Kato, Carol Kong, Kong, Chetan Ahya, Morgan Stanley, Dow, Stella Qiu, Jamie Freed, Edmund Klamann Organizations: REUTERS, Japan's Nikkei, Commonwealth Bank of Australia, Wall, Nasdaq, U.S, Brent, . West Texas, Thomson Locations: Tokyo, Japan, China, SYDNEY, Italy, Asia, Pacific, Hong Kong, Brazil

☆ Want to get a job at OpenAI? These are key skills to have, one company leader says
▼ + stars: | 2023-08-09 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

He is looking for research engineers, scientists, and managers. Working closely with research engineers, research scientists are responsible for advancing OpenAI's alignment research agenda. The research manager position oversees the research engineers and research scientists. An ideal candidate for the leadership role, Leike said, would have a combination of management experience and machine learning skills. OpenAI isn't just hiring for its superalignment team.

Persons: Jan Leike, —, we'll, Leike, OpenAI's, OpenAI Organizations: OpenAI, Research Locations: OpenAI

☆ China's July new yuan loans seen dipping after record H1 - Reuters poll
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +3 min

Chinese banks are estimated to have issued 800 billion yuan ($110.98 billion) in net new yuan loans last month, down sharply from 3.05 trillion yuan in June, according to the median estimate in the survey of 29 economists. But the expected new loans would be higher than the 679 billion yuan issued in the same month a year earlier. Chinese banks doled out 15.73 trillion yuan in new loans in the first six months of this year, the highest first-half number on record, central bank data showed. Outstanding yuan loans were expected to grow by 11.3% in July from a year earlier, the same as in June, the poll showed. In July, TSF is expected to fall sharply to 1.10 trillion yuan from 4.22 trillion yuan in June.

Persons: Kim Kyung, TSF, Judy Hua, Kevin Yao, Conor Humphries Organizations: REUTERS, Thomson Locations: Beijing, China, BEIJING

☆ Zoom says it won't use your calls to train AI 'without your consent' after its terms of service sparked backlash and prompted people to talk about ditching the service
▼ + stars: | 2023-08-09 | by ( Sarah Jackson | Aaron Mok | ) www.businessinsider.com time to read: +4 min

Zoom angered users after its terms of service suggested it could use calls to train AI. Zoom also says it won't use the content of calls to train its AI models "without your consent." On August 6, the tech news blog Stack Diary pointed out the section of Zoom's terms of service. But as Stack Diary points out, the clarification may not fully protect your calls, based on the specific language in Zoom's terms of service. The clarifications in Zoom's terms of service come as members of the public have expressed outrage over their data being used to train AI.

Persons: Gabriella Coleman, Brianna Wu, Smita Hashim, Aparna Bawa, Sean Hogle, — includingSuzanne Collins, Margaret Atwood, — Organizations: Harvard, Hacker, Hacker News

☆ The Future of Rap Is Female
▼ + stars: | 2023-08-09 | by ( Niela Orr | Photographs Adrienne Raquel | ) www.nytimes.com time to read: +22 min

The Future of Rap Is Female As their male counterparts turn depressive and paranoid, it’s the women who are having all the fun. In the mid-’80s, the dynamics shifted slightly, when UTFO released “Roxanne, Roxanne,” a comical torch song dissing a woman who rejected the men’s advances. Like good sex, raunchy rap is only fun if all parties are completely enthusiastic, and this music provides necessary female perspectives to match what the men make. In Miami one weekend in late July, Rolling Loud, one of the biggest annual hip-hop festivals, made itself into a microcosm of the rap world. There’s a relentless gender pessimism in the air, too — on the street, on dating apps, in the Supreme Court and, of course, in rap music.

Persons: Sackler, Drake, Foley, Yung Miami, Wu, Da, Tupac Shakur, Nicki Minaj, Cardi, Megan Thee, there’s, ”, There’s Latto, Jung Kook, “, Diana ”, Boy’s, Red’s, Munch, Rodney Dangerfield, munch, ” MAIYA, “ We’re, Lil Baby, Flo Milli, —, ” Flo Milli, Ginger Rogers, Fred Astaire —, Debbie D, Lisa Lee, Mercedes Ladies, UTFO, Roxanne, Lolita Shanté Gooden, Gooden, ” FLO MILLI, Roxanne Shanté, Clover Hope, M.C, Brian Coleman, Lyte, Ruff Ryders, it’s, Missy Elliott, Lauryn Hill, Kash Doll, SKODI LOLA BROOKE, Lil ’ Kim, “ I’m, I’m, ” That’s, Lolita Gooden, Greta Gerwig’s “ Barbie ”, James Harden, P.J, Tucker, KENTHEMAN “, I’ve, Playboi Carti, Travis Scott, Grace Jones, Benzino, blowin, ignorin ’, Berry hairdo, Grandmaster Flash, It’s, ” —, ” Leray, VETTE, CHANEL, ” Flo, Cartier, “ Lyte, Flo Organizations: YouTube, Girls, City Girls, Public, Down Productions, Wu -, Digital, City, Memphis, Brooklyn Locations: Miami, Wu - Tang, “, Bronx, Mobile , Ala, y’all

India's defence ministry did not respond to Reuters questions. The U.S. Congress in 2019 banned the Pentagon from buying or using drones and components made in China. India has set aside 1.6 billion rupees ($19.77 billion) for military modernisation in 2023-24, of which 75% is reserved for domestic industry. But the ban on Chinese parts has raised the cost of making military drones locally by forcing manufacturers to source components elsewhere, government and industry experts said. Sameer Joshi, founder of Bengaluru-based NewSpace Research and Technologies, a supplier of small drones for India's military, said 70% of goods in the supply chain were made in China.

Persons: Narendra Modi, Sameer Joshi, Joshi, Dilip, ADE, Nirmala Sitharaman, Narang, Krishn Kaushik, Joe Cash, David Crawshaw, YP Rajesh Organizations: Reuters, U.S, Congress, Pentagon, Research, Technologies, Manohar Parrikar Institute for Defence Studies, Finance, YP, Thomson Locations: DELHI, India, China, Delhi, cyberattacks, Beijing, Bengaluru, Polish

☆ Grimes says her 3-year-old son with Elon Musk no longer plays with toy rockets because he gets upset if they're not 'anatomically correct'
▼ + stars: | 2023-08-08 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +3 min

Grimes told Wired that her son with Elon Musk is a "little engineer" who is obsessed with space. X Æ A-Xii, who is three, gets upset when his toy rockets are not "anatomically correct," she said. Grimes said she's stopped giving toy rockets to her 3-year-old son X Æ A-Xii, who she shares with SpaceX founder Elon Musk, because he gets upset if they're not "anatomically correct." Grimes previously tweeted that their son gets frustrated when playing with toy rockets. Robyn Beck/AFP via Getty Images"She's a little engineer too," Grimes told Wired about her daughter.

Persons: Grimes, Elon Musk, she's, they're, Wired's Steven Levy, he's, Claire Boucher, X, —, Musks, Robyn Beck, Musk, Insider's Julia Black, Shivon Zilis Organizations: Wired, SpaceX, Getty, Neuralink Locations: Hawthorne , California

☆ New data shows Tesla could have a China problem, Bank of America says
▼ + stars: | 2023-08-08 | by ( Hakyung Kim | ) www.cnbc.com time to read: +1 min

Tesla may be losing the consumer demand battle in China, according to Bank of America. The electric vehicle maker experienced several months of strong demand in China after it lowered prices on the Model 3 and Model Y last December. However, the brand saw its deliveries in China tumble 31% month over month in July, suggesting that the initial uptick was temporary, according to analyst John Murphy. The price cuts have created a negative price spiral, according to the analyst. Other automakers followed Tesla's lead and announced their own price cuts or incentives, including BYD and Xpeng.

Persons: John Murphy, Murphy, Tesla's, — CNBC's Michael Bloom Organizations: Bank of America Locations: China, 1H

☆ Repeat After Her: There Is No Dance Without Dance Education
▼ + stars: | 2023-08-08 | by ( Brian Seibert | ) www.nytimes.com time to read: +1 min

At the 92nd Street Y, New York, last month, a diverse bunch of dance teachers from around the country played a game called Slow Land/Fast Land. These teachers were all students of the Dance Education Laboratory, and the instructor leading the exercise was Jody Gottfried Arnhold. In dance education circles, her first name is enough. Arnhold’s class was in the newly renovated Buttenweiser Hall, now part of the 92nd Street Y’s Arnhold Center, a dance and performance complex to which she and her husband, John, donated $30 million. The woman who led Slow Land/Fast Land with the firm, kind manner of an exemplary children’s teacher is also chairman of the board of 92NY, as the organization is now also known.

Persons: Jody Gottfried Arnhold, Jody, John Organizations: Dance Education Laboratory, Buttenweiser Hall Locations: New York

☆ Majority of parents spend 20% or more of household income on child care, report finds
▼ + stars: | 2023-08-07 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +2 min

Jenny Goff, right, reaches out to a child at Central Park Child Care Center in Vancouver, Washington. Ariane Kunze | The Columbian via APWhy child care costs are so highRising fees at child care centers are contributing to the growing costs of child care, as well as inflation and changes in parents' work status, according to Care.com. Many day care centers shuttered during the pandemic, leaving the few that stayed open with limited slots available. The new child fee is usually used to fund teachers' education, books and materials for the classes, she added. Financial advisors say there are several other ways parents can plan ahead to help cover child care costs.

Persons: Jenny Goff, Ariane Kunze, Sophia Bera Daigle, Daigle, Carolyn McClanahan, McClanahan, Care.com Organizations: Central, Child Care Center, AP, CNBC FA Council, Planning Partners, CNBC FA Locations: Vancouver , Washington, Jacksonville , Florida

On a quarterly, non-seasonally adjusted basis, GDP expanded 3.86%, compared with the poll's prediction of 3.72% growth. Meanwhile, exports contracted 2.75% in the second quarter on a yearly basis, in stark contrast to last quarter's growth of more than 10%. Myrdal Gunarto, economist with Maybank Indonesia, said he might raise his bank's full-year 2023 GDP growth outlook of 5.05%, but described the second quarter data as "a sign that economic activities had peaked". The better-than-expected data may spur monetary policymakers to shift their focus from growth to the current account, as strong domestic demand typically leads to rising imports, said Fakhrul Fulvian, economist with Trimegah Securities, who maintained his full-year 2023 GDP growth outlook at 5%. The government is targeting the same growth rate for 2023.

Persons: Eid, Joko Widodo's, Myrdal Gunarto, Myrdal, Fakhrul Fulvian, Radhika Rao, Stefanno Sulaiman, Fransiska Nangoy, Gayatri Suroyo, Martin Petty, Sonali Paul Organizations: Asia's, Statistics, Reuters, Maybank, Trimegah Securities, U.S ., Bank, DBS Bank, Thomson Locations: JAKARTA, Statistics Indonesia, Maybank Indonesia, Indonesia, Bank Indonesia

A “complicated and active” storm system swept across the Eastern United States on Monday evening, delivering widespread thunderstorms that killed at least two people, grounded thousands of flights and left more than a million homes and businesses without power. The line of storms barreled through a stretch from Georgia to New York, downing power lines, sending trees crashing into homes and tearing roofs from buildings, according to preliminary reports from the National Weather Service. At least one tornado was confirmed, just after 5:30 p.m. in the village of McGraw, about 30 miles south of Syracuse, N.Y. In Florence, Ala., a 28-year-old man died after he was struck by lightning in a parking lot in the city, about 60 miles west of Huntsville, local police said. And in Anderson, S.C., a 15-year-old boy was killed when a large tree fell and struck him, according to local fire officials.

Organizations: Eastern, National Weather Service, Weather Service Locations: Eastern United States, Georgia, New York, McGraw, Syracuse, N.Y, Florence, Ala, Huntsville, Anderson, S.C

☆ Rhoda Karpatkin, Who Led Consumer Reports for Decades, Dies at 93
▼ + stars: | 2023-08-07 | by ( Sam Roberts | More About Sam Roberts | ) www.nytimes.com time to read: +1 min

Rhoda Karpatkin, who pressed for painstaking product testing for safety and quality while promoting comparison shopping for value during more than four decades at Consumers Union as counsel, executive director and president, died on Friday at her home in Manhattan. Ms. Karpatkin, a New York lawyer and civil rights advocate, had served for 16 years as the nonprofit organization’s counsel when she was selected in 1974 as executive director, the first woman to hold that position. Consumers Union, the publisher of Consumer Reports, later changed its name to Consumer Reports. “Rhoda led CR to become the trusted name and consumer champion we are today,” Marta L. Tellado, the president and chief executive of Consumer Reports, said in a statement. Ms. Karpatkin also raised $40 million to build a new headquarters in Yonkers, N.Y., and an automobile testing track.

Persons: Rhoda Karpatkin, Deborah Karpatkin, Karpatkin, “ Rhoda, CR, ” Marta L Organizations: Consumers Union, Consumer Locations: Manhattan, New York, Yonkers, N.Y

PinnedImage Thunderstorms were expected to affect a wide swath of the Eastern United States on Monday, forecasters said. Credit... NOAAA “complicated and active” storm system was sweeping across the Eastern United States on Monday evening, bringing widespread thunderstorms with damaging winds that caused nearly one million homes and businesses to lose power. Around 900,000 homes and businesses across the eastern United States had lost power as of 7 p.m., according to poweroutage.us. The National Weather Service said a couple of tornadoes, small hail and wind gusts up to 70 m.p.h. Ahead of the storms, the United States Office of Personnel Management said federal offices in Washington would close by 3 p.m. Lauren McCarthy and Livia Albeck-Ripka contributed reporting.

Persons: Lauren McCarthy, Livia Albeck, Ripka Organizations: Eastern, NOAA, National Weather Service, Tornado, Environment Canada, New, United States, Management Locations: Eastern United States, New York, Georgia, Airports, McGraw, Syracuse, N.Y, Delaware , Maryland , New Jersey , New York , Pennsylvania, Virginia, North Carolina, West Virginia, Canada, Ontario, Quebec, United States, poweroutage.us . Georgia, Maryland, Pennsylvania , Tennessee, New Jersey, New York City, Washington

☆ Stocks making the biggest moves midday: Tesla, Berkshire Hathaway, PayPal, Cinemark and more
▼ + stars: | 2023-08-07 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

The company earned €168 million in revenue, while analysts polled by Refinitiv expected €672 million. The company reported adjusted net income and revenue that beat expectations for the second quarter. Viatris reported revenue of $3.92 billion, while analysts polled by StreetAccount called for $3.86 billion. PayPal – PayPal stock climbed 2% after launching its first stablecoin, PayPal USD, backed by the U.S. dollar on Monday. Analysts polled by FactSet are forecasting an adjusted 5 cents per share on $534.2 million in sales.

Persons: Tesla, Zach Kirkhorn, Vaibhav Taneja, Taneja, BioNTech, Refinitiv, Tyson, Berkshire Hathaway, Warren, StreetAccount, Andrew Mok, Sovos, Campbell, Sovos Brands, Campbell Soup, Morgan Stanley, Benjamin Swinburne, Oppenheimer, Yun Li, Alex Harring, Samantha Subin Organizations: Refinitiv, Berkshire, Warren, UBS, Sovos, PayPal, U.S, FactSet Locations: Gruenheide, Germany, BioNTech –, stablecoins, U.S

☆ This woman used an AirTag to track her lost bag -- and fly to get it
▼ + stars: | 2023-08-06 | by ( Julia Buckley | ) edition.cnn.com time to read: +10 min

Three months earlier, Shuster had bought an AirTag – Apple’s tracking devices – to know where her daughter’s bag was. “It had moved maybe 50 feet, and the AirTag was embedded in the bag – I doubted someone stole it,” she says. A day off work and a trip to ChicagoThe bag was at Chicago, in exactly the place the AirTag had said it was. ‘We never heard of that’While United staff said the bag was in Baltimore, the AirTag showed its correct location: Chicago. Why couldn’t the guy at baggage claim in Denver call Chicago?

Persons: Sandra Shuster, Shuster, Ruby, –, didn’t, “, ’, ’ ”, we’re, they’d, ”, Barhydt Ruby, ‘ Mam, Nam, she’d, “ We’ve, ORD, I’d, It’s, Shuster –, ” United, we’ve, ” Shuster, she’ll, that’s, She’ll, ’ “ Organizations: CNN, United, Denver, Airlines, Chicago, United’s Twitter, Twitter, ” Staff, ”, ‘ Airlines Locations: Denver, Chicago, Baltimore, O’Hare, San Francisco, California

☆ Foxconn's July sales drop 1.23% y/y, Q3 outlook better
▼ + stars: | 2023-08-05 | by ( ) www.reuters.com time to read: +1 min

The company said revenue was the second-highest for the month of July, thanks to "customers' increasing pull-in" for its smart consumer electronics products, including smartphones. That segment recorded double-digit growth from a year ago, it said, as major vendors such as Apple gear up for new product launches later this year. Other businesses, including computing products such as PCs and cloud and networking products, declined from a year ago, the company said, without elaborating. The first half of the year is traditionally slower for Taiwan tech manufacturers as major electronics vendors including Apple launch new products near the year-end holiday season. Second-quarter revenue dropped 13.8% year-on-year, in line with the company's expectations, Foxconn said in July.

Persons: Dado Ruvic, Foxconn, Yimou Lee Organizations: REUTERS, Apple, Hai Precision Industry Co, Taiwan, Thomson Locations: TAIPEI, Taiwan

☆ What They Paid for Their Weddings
▼ + stars: | 2023-08-05 | by ( Bridgette Bartlett Royall | ) www.nytimes.com time to read: +1 min

One couple spent less than $2,000 for an intimate wedding at a local hotel. Another paid $200,000 for an elaborate out-of-town affair. We asked six married women to share how much they spent on their weddings — and where they felt the money was well-spent, where it was wasted and what they wish they had done differently. Our suite had a terrace with romantic views of the city — and it had just snowed, so there was a magical, wintry feel too. Perfection.”Lowest Expense: “Our least expensive item were monogrammed masks, which were $14 for a set of five.” She bought the disposable face masks on Etsy.

Persons: Tia Williams, ”, Francesco Ferendeles, we’re Locations: Brooklyn, ”, Williamsburg

☆ Analysts see more gains for Apple going forward, but some warn of mounting headwinds
▼ + stars: | 2023-08-04 | by ( Brian Evans | ) www.cnbc.com time to read: +4 min

AAPL YTD mountain Apple stock was trading lower after quarterly results. Apple doesn't provide official forward guidance and has not done so since 2020 over macroeconomic uncertainty. Morgan Stanley's Erik Woodring reiterated an overweight rating on Apple but lowered his price target to $215 from $220. Bank of America's Wamsi Mohan remained neutral on Apple, accompanied by a $210 price target that equates to roughly 10% upside. Rakers maintained an overweight rating on Apple stock with a $225 price target, or about 18% upside from Thursday.

Persons: Apple, Luca Maestri didn't, Apple doesn't, Morgan Stanley's Erik Woodring, Woodring, Morgan Stanley, America's Wamsi Mohan, Mohan, Citi's Atif Malik, Malik, Wells, Aaron Rakers, JPMorgan's Samik Chatterjee, Chatterjee, Goldman Sachs, Michael Ng, Apple's, Ng, — CNBC's Michael Bloom Organizations: Apple, America's

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