Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "kumar"


25 mentions found


— Alex Harring 6:46 a.m.: HSBC sees Snowflake pulling back after rally Snowflake's good news has already been priced in with a recent rally, according to HSBC. Analyst Sara Russo upped her price target by $26 to $72, now implying a smaller downside of 43%. — Alex Harring 6:05 a.m.: Macquarie moves to sidelines on Sony There's reasons for pause on Sony , Macquarie warned. Still, the analyst noted the "many" risks to the stock price, including valuation and if the ETFs become a competitor to Coinbase itself. The bank initiated coverage of the medical technology stock with a buy rating and a price target of $100 per share.
Persons: Ulta, Oppenheimer, Rupesh, Parikh, Alex Harring, Snowflake, Stephen Bersey, Bersey, Bernstein, Sara Russo, Russo, — Alex Harring, Skechers, Jesalyn Wong, Wong, Macquarie, Damian Thong, Thong, deconsolidation, Colin Isaac, Eastman, Isaac, EBITDA, Piper Sandler, Harsh Kumar, Kumar, Kenneth Worthington, Worthington, Sezgi Oezener, Taha Kass, Oezener, Fred Imbert Organizations: CNBC, JPMorgan, HSBC, GE Healthcare, ISI, Distributors, Sony, Macquarie, U.S, Eastman, Eastman Chemical, Nvidia, GE Healthcare HSBC, General Electric, Learning, Amazon, Science & Technology Locations: Wednesday's, Sony's U.S, premarket, Coinbase
Many AI companies struggle with customers understanding how the product won't take away their ability to think for themselves. A few took the opportunity of the Super Bowl to change the narrative. There many winners and losers among the messages attempted by brands in the big Super Bowl advertising bets. In Microsoft's Super Bowl ad, a group of people overcome challenges ranging from opening their own business to getting a college degree. There's no bigger stage to get your humanizing message across than the Super Bowl, Microsoft's Kumar said.
Persons: GPT, Deacon Webster, Webster, It's, it's, Divya Kumar, Etsy, Crowdstrike, cyberattacks, Gaurav Misra, Misra, Microsoft's Kumar, David Jones, Jones Organizations: Research, Sunday, Microsoft, Google, New York Times, Super, Brandtech, America Locations: France
What investors found most unsettling in the January consumer price index, which came in hotter than expected , is the core inflation reading. "The most troubling thing to me is that the core inflation rate in the last three months has shot up," said Komal Sri-Kumar, president of Sri-Kumar Global Strategies. Economists polled by Dow Jones were anticipating a 0.2% monthly gain and a 2.9% annual increase. Economists were anticipating respective increases of 0.3% and 3.7%, according to Dow Jones consensus estimates. Stocks tumbled Tuesday following the report, with the Dow Jones Industrial Average dropping 500 points, or 1.3%.
Persons: Kumar, Dow Jones, Dow, Stocks Organizations: Sri, Kumar, Bureau of Labor Statistics, Dow Jones, Nasdaq, Federal Reserve
Yet, nearing mission-accomplished on inflation won't be the reason the central bank cuts rates, according to one top economist. Instead, Komal Sri-Kumar, president of Sri-Kumar Global Strategies, says that the ongoing commercial real estate crisis will force the Fed to cut rates as early as May. Lessons from the 2008 crisis show that the Fed should cut sooner rather than later to avoid the worst of the pain, Sri-Kumar said. The fears stem in part from exposure to commercial real estate. "The commercial real estate problem is also now in Europe.
Persons: , Komal, Kumar, Lehman, Janet Yellen, it's, China's, Jerome Powell, Tom Lee Organizations: Service, Sri, Kumar, Business, Lehman Brothers, York Community Bank, Evergrande Locations: China, Europe, Japan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA commercial real estate 'tsunami' is coming, says Komal Sri-KumarKomal Sri-Kumar, president of Sri-Kumar Global Strategies, joins 'Squawk Box' to discuss the latest market trends, the looming commercial real estate crisis, impact on the Fed's rate path outlook, and more.
Persons: Komal, Kumar Komal, Kumar Organizations: Sri, Kumar
New York CNN —President Joe Biden will be sitting on the sidelines this Sunday as the campaign for the 2024 election heats up. Regardless, the Super Bowl snub reflects a larger Biden strategy: The president is leaning far less than his predecessors on the traditional media apparatus to get his message out, opting instead for alternative mediums to address the American people. “We are being less traditional because less people get their news from traditional mediums than ever before,” the Biden campaign official said. Biden’s media strategy has renewed such questions, with critics skewering him for keeping an arm’s length from the establishment press. While the president has regularly engaged in gaggles with the White House press corps, such forums don’t naturally lend themselves to the type of aggressive questioning that might come in a sit-down interview.
Persons: Joe Biden, Biden, , Conan O’Brien, Anderson Cooper, skewering, Scott Pelley, Fareed Zakaria, , ” Andrew Bates, Martha Kumar, Donald Trump, Barack Obama, Frank Sesno —, George Washington, Public Affairs —, ” Sesno, he’s Organizations: New York CNN, White, CBS News, Biden, YouTube, South, , CNN, White House, CNN White House, George Washington University’s School of Media, Public Affairs Locations: New York, South Carolina
India's economy is expected to expand by 6.5% this year, according to IMF forecasts. The world's most populous nation was keen to talk up its prospects at the World Economic Forum in Davos. Advertisement"India has seized the moment," proclaimed housing minister Hardeep Singh Puri with confidence during a panel at the World Economic Forum in Davos last month. The 10-strong group of emerging market nations now accounts for 45% of the world's population and 28% of global GDP. AdvertisementSome economists have criticized the government's narrative as a "false growth story," highlighting discrepancies in the data and criticizing the methods used to calculate economic growth.
Persons: , Hardeep Singh, Smriti Irani, BI's Spriha Srivastava, that's, Narendra Modi's, Cash, Modi, SAJJAD HUSSAIN, I've, Andy Baldwin, EY, Narendra Modi, Brazil's Luiz Inácio Lula da Silva, Dan Kitwood, Getty, ISRO Goldman Sachs, Ashoka Mody, Rajesh Kumar Singh, Vladimir Putin, Singh Organizations: Economic, Service, BI, IMF, Business, Apple, ISRO, Princeton University, World Bank, US, of, Hindustan Times, Harvard Business Locations: Davos, India, China, Japan, Brazil, China India, India's, Ukraine
The people streaming into the holy town came on an intimate quest: to be among the first to seek the blessings of a beloved god they said was returning home after 500 years. These Hindu devotees took leaves of absence from work. They ate with fellow pilgrims, slept in the cold and sipped tea at roadside joints as they waited to see the dazzling new temple devoted to the deity Ram. Early in the morning, as a soft devotional melody played from speakers strung to electric poles, they took purifying dips in a river. But it was another, smaller group, camped on the riverbank in Ayodhya, that made sure the moment was as much about India’s powerful prime minister, Narendra Modi, as it was about Lord Ram.
Persons: Ram, Narendra Modi, Lord Ram Locations: Ayodhya
After turbocharging late 2023's stock market rally, some of the " Magnificent 7 " technology darlings are looking less magnificent this year. Shares of Meta and Nvidia are leading the Magnificent 7 for the year, with both stocks jumping roughly 34% each. The rest of the Magnificent 7 stocks, however, have received anywhere from 70% to 85% buy rating consensus. While the other five are forecast to see at least double-digit earnings growth estimates, analysts predict Apple's earnings growth to stay relatively unchanged. On the other hand, consensus estimates call for Tesla earnings to fall by 20%.
Persons: turbocharging, Tesla, Art Hogan, Hogan, Baird, Elon Musk's, Ben Kallo, Tim Long, Piper Sandler, Harsh Kumar, Charles Schwab, Kevin Gordon, Gordon, Ed Yardeni, isn't, Yardeni, Russell, Fred Imbert Organizations: Nvidia, Meta, Microsoft, Apple, Wall Street, Riley Wealth Management, CNBC, BYD, Barclays, Blips, Yardeni Research, titans Locations: Delaware, China
Suspicion of foreign espionage, cursive messages in ancient Chinese, a sensitive microchip — and a suspect that could not be stopped at the border. Ravindar Patil, the assistant Mumbai police sub-inspector assigned to the case, was scratching his head for answers. But first, he had to find a place to lock up the unusual captive. So he turned to a veterinary hospital in the Indian metropolis, asking it to retrieve a list of “very confidential and necessary” information about the suspect — a black pigeon caught lurking at a port where international vessels dock. “The police never came to check the pigeon,” said Dr. Mayur Dangar, the manager of the hospital.
Persons: Ravindar Patil, , Mayur Dangar Locations: Mumbai, China
Elsewhere, Bank of America raised its price target on Nvidia, calling for more than 25% upside. 7:07 a.m.: Deutsche Bank deals latest blow to regional bank after earnings disappoint Deutsche Bank joined the post-earnings dogpile on New York Community Bank . Analyst Bernard von-Gizycki downgraded the regional bank to hold from buy and slashed to price target to $7 from $15. Analyst Alicia Yap upgraded the consumer internet stock to buy from neutral and raised her price target by $6 to $50. — Alex Harring 5:45 a.m.: Bank of America hikes Nvidia price target Don't expect Nvidia to lose momentum anytime soon, according to Bank of America.
Persons: Goldman Sachs, Bernard von, Gizycki, — Alex Harring, There's, Alicia Yap, Sea's, Shopee, Alex Harring, what's, Tim Cook, Brandon Nispel, AAPL's, AAPL, Morgan Stanley, Erik Woodring, we're, Tim Long, Piper Sandler, Harsh Kumar, Meta, Ross Sandler, Benjamin Black, Mark Kelley, Bernstein, Mark Shmulik, LSEG, Rufus, Eric Sheridan, Brian Nowak, outsized, Brad Erickson, Vivek Arya, Fred Imbert Organizations: CNBC, Apple, Bank of America, Nvidia, Deutsche Bank, New York Community Bank, von, Investors, Traders, Citi, Nasdaq, Conference, Barclays, Vision, Meta, Wall Street, Amazon, RBC Capital, Enterprise, SAP, VMWare, Dell Locations: Wall, New, Thursday's, Friday's premarket, China, genAI, CY25
SRINAGAR, India (AP) — For decades, India has focused its defense policy on its land borders with rivals Pakistan and China. Unless you are a maritime power you can never aspire to be a global power,” Chawla said. India, already a regional power, is positioning itself “as a global player today, an upcoming global power,” he said. Though we don’t own it, but we are probably the most capable and responsible resident naval power,” Chawla said. Chawla said India doesn't have “strength to project power into the South China Sea right now” because of the vast Chinese maritime assets there.
Persons: Adm, Anil Kumar Chawla, , ” Chawla, , Darshana, Chawla, it’s Organizations: Pakistan, Hamas, U.S, Carnegie Endowment, International, Ocean Initiative, NATO Locations: SRINAGAR, India, China, Yemen, Iran, Tehran, Red, Gaza, U.S, Visakhapatnam, Marshall, Gulf, Aden, Picardy, “ China, South China, Beijing, Bangladesh, Sri Lanka, Maldives, Australia, Japan, Pacific, South, Asia, asia
Those heavy lead aprons may be on their way out at the dentist office, depending on where you live. The nation's largest dental association said Thursday it will no longer recommend the use of lead aprons and thyroid collars on patients who are getting dental X-rays. Photos You Should See View All 45 Images“It’s like taking a flight from, let’s say, from Michigan to San Francisco, it gives you the equivalent of one dental X-ray,” Kumar said. True change depends on state dental boards, dentists and patients, Kumar said. It will take advocacy and education to change more minds around the use of the aprons among patients, dentists and policymakers, he said.
Persons: Purnima Kumar, ” Kumar, Kumar, Sanjay Mallya, , Mallya, Robert Wood Johnson Organizations: American Dental Association, Scientific Affairs, University of California, American Academy of Oral, U.S . Food, Drug Administration, Associated Press Health, Science Department, Robert Wood Johnson Foundation, AP Locations: Michigan, San Francisco, California, Los Angeles
This story is available exclusively to Business Insider subscribers. They chose a bus for its affordability and overall safetyThe coupled passed on an RV for a more affordable school bus. Transforming a school bus can also be safer with proper planning and preparation. Kumar told Business Insider. Pooja made sure to incorporate touches like curtains and decorations into the school bus.
Persons: , Pooja, Kumar, Pooja Shah, Pooja Shah Pooja, Pooja Shah Kumar, they've Organizations: Service, Business Locations: Indiana , Michigan , Wisconsin , Minnesota, North, South Dakota , Colorado , Wyoming , Montana , Oregon, North California, California
A labourer works inside a mill of refined wheat flour at Khanna in India's Punjab state on May 18, 2022. "Hunger is the biggest problem in India," a representative of global agribusiness Bunge told CNBC on the sidelines of the Commodity Trading Week held in Singapore. If they are getting the food, it's not nutritious," said Amit Sharma, Bunge's global trade execution team leader. India's Department of Food and Public Distribution did not immediately respond to CNBC's request for comment. Vipin Kumar | Hindustan Times | Getty ImagesIndia's food problem is also compounded by the fact that the rising middle class is on course to demand for more food — and better quality food as well.
Persons: Sajjad Hussain, Bunge, There's, Amit Sharma, Sharma, India's, Garima, Louis Dreyfus, Vipin Kumar, Jain, It's Organizations: AFP, Getty, CNBC, Logistics, International Trade Administration, U.S . Commerce Department, India's Department of Food, ITA, Hindustan Times Locations: Khanna, India's Punjab, India, Singapore
Vipin Kumar | Hindustan Times | Getty ImagesIndia is set to release its interim budget for 2024 on Thursday, ahead of the country's highly anticipated general elections. The interim budget is seen as a stop-gap financial plan during an election year, aimed at meeting immediate financial needs before a new government is formed. Typically, the interim budget won't include big and sweeping policy announcements. Fiscal deficit targetIndia's fiscal deficit stands at 6.4% of gross domestic product for the 2023-2024 financial year. TaxesDon't expect significant shifts in taxation as this is only an interim budget, analysts say.
Persons: Vipin Kumar, Nirmala Sitharaman, Nomura, Goldman Sachs, Goldman, Nilesh Shah, Shah, it's, Bathini, Modi, India's Organizations: Hindustan Times, Getty, India, Bharatiya Janata Party, Goldman, Mahindra Asset Management, CNBC, Capital, WealthMills Securities, India's Finance, BJP Locations: New Delhi, India, China, Japan, Germany
$78 billion tax package: Here's what's in the bipartisan deal
  + stars: | 2024-01-31 | 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 Email$78 billion tax package: Here's what's in the bipartisan dealJean Ross, Center for American progress senior fellow, Rohit Kumar, PwC Washington National Tax Services co-leader, joins 'Squawk Box' to discuss the $78 billion tax package, what's in the new bill, and more.
Persons: Jean Ross, Rohit Kumar, PwC Organizations: Center, PwC Washington National Tax Services Locations: PwC Washington
Here's why the Fed rate cuts are coming
  + stars: | 2024-01-29 | 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 EmailHere's why the Fed rate cuts are comingKomal Sri-Kumar, Sri-Kumar Global Strategies president, joins 'Money Movers' to discuss why a rally is ahead for Treasuries and equities markets could struggle, why the economy hasn't already seen a crack from the consumer, and more.
Persons: Kumar Organizations: Kumar Global
Crowds gather during the opening of a temple dedicated to Hindu deity Lord Ram, in Ayodhya, India, on January 22, 2024. Inside the sanctum sanctorum of the temple Monday, Modi presided over the Pran Pratishtha, or consecration ceremony, of an idol of Lord Ram, one of Hinduism’s most revered deities. Indian Prime Minister Narendra Modi plays a leading role in the ceremony consecrating a statue of the god Ram. “Today our Lord Ram has come. A man prays on the banks of Sarayu River on the occasion of Ram temple's consecration ceremony in Ayodhya on January 22, 2024.
Persons: Narendra Modi, Lord Ram, Rajesh Kumar Singh, , Modi, Pran Pratishtha, Ram, Imtiyaz Khan, ” Modi, “ Ram, Money Sharma, Hinduism's Lord Ram, Amitabh Bachchan, Sachin Tendulkar, Mukesh Ambani, Anupam Kher, Beckham, , Ram Charan, Alia Bhatt, Ranbir Kapoor, Madhuri Dixit Nene, Katrina Kaif, Ayushmann Khurrana, Vicky Kaushal, Alia Bhatt Rajesh Kumar Singh Organizations: CNN, Indian, Anadolu, Getty Locations: Ayodhya, India, India's Uttar Pradesh, Sarayu, Babri
They fanned out across the vast country, knocking on doors in the name of a cause that would redefine India. These foot soldiers and organizers, including a young Narendra Modi, collected millions of dollars to be socked away for a long fight to build a grand Hindu temple in Ayodhya, in northern India. The bricks, the campaign’s leaders declared, would not just be used for the temple’s construction on land occupied for centuries by a mosque. They would be the foundation for a Hindu rashtra, or Hindu nation, that would correct what right-wing Hindus saw as the injustice of India’s birth as a secular republic. Mr. Modi, today the country’s prime minister, will inaugurate the Ram temple in Ayodhya on Monday — the crowning achievement of a national movement aimed at establishing Hindu supremacy in India by rallying the country’s Hindu majority across castes and tribes.
Persons: Narendra Modi, Ram, Modi Organizations: Mr Locations: India, Ayodhya
By moving ahead of building the temple, now we all take the oath of building a national, capable, successful, beautiful, and divine India,” Modi said. His promise to build the Ram Mandir helped spur that initial election success. A devotee gets anoint the name of Lord Ram on his forehead ahead of the Inauguration of the Ram Mandir Temple on January 20, 2024 in Ayodhya, India. Ritesh Shukla/Getty Images“I have come here to seek blessings from Lord Ram and Sita, I am very happy today,” she said. “I have come here to seek blessing from Lord Ram, Modi has done so much,” he said.
Persons: Narendra Modi’s, Lord Ram –, Ram, ” Modi, “ Ram, Modi, Lord Ram, Rafiq Maqbool, Pran Pratishtha, Mohan Bhagwat, , Yogi Adityanath, Acharya Mohanjodaro Bharadwaj, Babar, Money Sharma, Maulana Badshah Khan, , ” Khan, weaponizing, Modi “, Modi fasted, Rajesh Kumar Singh, Nilanjan Mukhopadhyay, Chandravanshi, Ritesh Shukla, Sita, Lal Singh Khushwa Organizations: CNN, , Bharatiya Janata Party, BJP, Rashtriya Swayamsevak Sangh, Getty, Human Rights, AP, YouTube Locations: India, India’s Ayodhya, Babri, Ayodhya, Vedika, India's, Mumbai, Uttar Pradesh, New York, Square, South Asia, Sarayu, New India, US, Tamil Nadu, , Chhattisgarh
Leading up to the temple’s consecration, public spaces around India were thrumming with excitement. Ram is one of the most revered gods among India’s Hindus, who make up about 80 percent of a total population of 1.4 billion. Islam does not appear in the Ramayana, having arrived in India only 1,000 years ago. But it is cast as the primary villain in the Hindu-nationalist telling of India’s history. Now, with a kind of spiritual and political homecoming for Mr. Modi, the Ram campaigners have the temple they had sought for decades.
Persons: Narendra Modi, Ram, Modi Locations: Indian, Ayodhya, India
Ahead of the event, Modi has been fasting and praying in an 11-day ritual steeped in Hindu religious symbolism. But many Hindus believe the Babri Masjid was built on the ruins of a Hindu temple, allegedly destroyed by Babar, the first Mughal emperor of South Asia. The site is significant to them because they believe it’s the birthplace of Lord Ram, now honored with the construction of the new Ram Mandir. Hindu nationalist groups had for years campaigned to demolish the mosque to build a temple in its place. Muslims pray for peace ahead of verdict on a disputed religious site in Ayodhya, inside a mosque premises in Ahmedabad, India, November 8, 2019.
Persons: Narendra Modi, Modi, Lord Ram, , ” Modi, Babar, Douglas E, Curran, , Rajesh Kumar Singh, Amit Dave, “ Young, Asaduddin Owaisi, Sudhanshu Trivedi, Larsen, Toubro Organizations: CNN, country’s, Modi’s Bharatiya Janata Party, BJP, YouTube, India’s, AP, Rashtriya Swayamsevak Sangh, Indian National Congress Locations: Indian, Ayodhya, India, Babri, South Asia, Uttar Pradesh, Ahmedabad
In the decades that followed, Oreos and freezer waffles (“L’eggo my Eggo!”) were portrayed as so irresistible that people fought over them. A popular stoner movie, “Harold and Kumar Go to White Castle,” chronicled two friends’ obsessions with fast-food sliders. Craveability became such a selling point that Kellogg’s went all in and named a chocolate-filled cereal Krave. High-end chefs weren’t immune. Christina Tosi, known for the hyper-sweet desserts at her Milk Bar shops, named one of them Crack Pie.
Persons: Bert Lahr, Lay’s, “ Harold, Kumar Go, , Craveability, Kellogg’s, Christina Tosi Organizations: Milk Locations: White
Read previewMicrosoft is ready to offer you a personal AI buddy — if you're willing to pay. The Redmond tech giant is rolling out its "everyday AI companion," called Copilot, to both individuals and small and medium-sized businesses through paid subscription services. On one level, Copilot is a generative AI tool integrated into Microsoft's suite of apps: think Word, Excel, PowerPoint, Outlook and Teams. Divya Kumar, Microsoft's search and AI marketing chief, told Business Insider there's a simple reason to pay: to get priority access to the best AI models. In a demo, Kumar used Outlook to show how Copilot could help save time on emails.
Persons: , Bill Gates, Bennett Raglin, Gates, ChatGPT, Satya Nadella, Stephen Brashear, Divya Kumar, OpenAI, Kumar, It's Organizations: Service, Redmond, Business, Microsoft, Getty
Total: 25