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☆ 10 things you should never do on a flight, according to a former flight attendant
▼ + stars: | 2024-08-23 | by ( Arina Bloom | ) www.businessinsider.com time to read: +5 min

Read previewI worked as a flight attendant on domestic and international routes for two years, and I saw all kinds of behavior on planes. Even if you think there isn't a flight attendant around, you'd be surprised how often other passengers let us know. Surachet Jo/ShutterstockSometimes, passengers ask flight attendants for help hoisting their carry-ons into the overhead bins. AdvertisementIf it's an emergency, call a flight attendant over and we'll help you. Always tell your flight attendant.

Persons: —, Nataliya, Wilfredo Lee, you'd, It's, Surachet Jo, could've, Shutterstock I've Organizations: Service, Business, AP

☆ Snowflake shares sink 14% on decelerating product revenue growth
▼ + stars: | 2024-08-22 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Shares of Snowflake closed down more than 14% on Thursday after the data cloud analytics company released fiscal second-quarter 2025 earnings that beat Wall Street's estimates but showed decelerating product revenue growth compared to past quarters. The company reported $829.3 million in product revenue, which accounts for most of Snowflake's sales, up 30% year over year. They said the company's smaller product revenue beat and deceleration in growth will not inspire weary investors. "A 2% product revenue beat in Q2, down from 5% in Q1, with product revenue growth dipping further to 29.5% YoY," likely sows "enough doubt in the investor conversation to keep shares under pressure in the near-term," the analysts wrote in a note Thursday. "True, 30% y/y product growth is slower than the 33-34% level we saw the past 2 quarters.

Persons: Sridhar Ramaswamy, Morgan Stanley, Snowflake's, — CNBC's Michael Bloom Organizations: LSEG, Barclays Locations: Toronto

☆ Bank of America names 3 ETFs and a handful of stocks that will benefit from AI
▼ + stars: | 2024-08-19 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Bank of America has identified several stocks and exchange-traded funds (ETFs) poised to benefit from the growth in artificial intelligence. The Wall Street bank surveyed its fundamental equity team of 130 analysts, covering approximately 3,400 companies, to identify the companies that stand to gain from AI across various sectors. The bank believes the development of AI is the third major tech cycle over the past five decades. The earlier cycles are the growth of the internet and mobile phone devices. "Despite AI capital expenditure potentially reaching [$1 trillion plus] in the near term, we're only in 1996 relative to the internet," said Bank of America analysts led by Alkesh Shah, who compiled the stock picks, on Aug 5.

Persons: Alkesh Shah, — CNBC's Michael Bloom Organizations: of America, Budweiser, Anheuser, Busch InBev, ASM International, SAP Locations: U.S, Orange, British

☆ Chinese companies are already investing in the U.S., ahead of any Trump tariffs
▼ + stars: | 2024-08-18 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Rising U.S.-China tensions have sent Chinese companies the signal that regardless of who wins the White House, overseas investment is the way to go. Chinese companies' interest in expanding overseas has accelerated since the pandemic as growth slowed domestically. "Top sectors that received Chinese investment have shifted from tertiary to manufacturing industries," the report said. "Interestingly, while Chinese companies have become more active in expanding business in ASEAN countries, they tend to maintain their presence in the West, suggesting the 'ASEAN+1' strategy may have increased." Even in the U.S, where new investment from China has fallen sharply, the report said that "Chinese companies have not materially withdrawn from the US market either."

Persons: Kamala Harris, Donald Trump, Trump, Marko Papic, Yotrio, Hanbell, Harris, it's, Tim Walz, —, Michael Bloom Organizations: House, Republican, BCA Research, NBC, BCA, U.S ., U.S, Vital, Shandong Yuma Sunshade, ., Xinquan America Holdings, Industrial, Trump, Democratic National Convention, NBC News . Studies of, Chamber of Commerce, Electric, European Union, China Council, Promotion of International Trade, Oxford Economics, ASEAN Locations: U.S, China, Beijing, America, Japan, U.S . Shenzhen, Austin , Texas, Shandong Yuma, Yuma Texas, Shanghai, Singapore, Texas, Chino , California, Georgia, Taiwan, Shenzhen, Hong, Europe, Southeast Asia, ASEAN

☆ Cisco shares have best day since 2020 on earnings beat, plans to cut 7% of workforce
▼ + stars: | 2024-08-15 | by ( Todd Haselton | ) www.cnbc.com time to read: +3 min

Cisco CEO Chuck Robbins participates in a Bloomberg Television interview at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023. Cisco shares jumped about 7% on Thursday for their best day since November 2020, after the computer networking company said it's cutting 7% of its workforce and reported quarterly results that beat analyst estimates. Cisco reported $13.64 billion in revenue for the quarter, ahead of Wall Street estimates of $13.54 billion. Revenue fell 10% from the year-ago quarter, marking the third straight quarter of sales declines. WATCH: Cisco CEO Chuck Robbins on Q4 results

Persons: Chuck Robbins, Morgan Stanley, CNBC's, Robbins, — CNBC's Michael Bloom, Ari Levy Organizations: Cisco, Bloomberg, Economic, Revenue, Bank of America Locations: Davos, Switzerland

☆ These 4 Japanese stocks are trading at a 'deep discount': Bernstein
▼ + stars: | 2024-08-14 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

Japan's stock market has rebounded from last week's sell-off and investment firm Bernstein sees promise looking ahead, recommending a specific trading strategy and naming overweight-rated stocks. Both indexes have since recouped some losses, with the Topix and Nikkei ending 2.83% and 3.45% higher respectively on Tuesday. Below are four stocks from the investment bank's defensive screen, listed on the Tokyo Stock Exchange. Stocks trading at a 'deep discount' Among the names on the bank's screen is video games company Nintendo . According to FactSet, analysts on average give Capcom over 19% upside, Keyence almost 24% upside and Bandai Namco 22.5% upside potential.

Persons: Bernstein, Rupal Agarwal, — CNBC's Michael Bloom, Charmaine Jacob, Arjun Kharpal Organizations: Nikkei, BOJ, Bank of, Tokyo Stock Exchange, U.S, Stocks, Nintendo, Capcom, Keyence Corp, Bandai Namco Holdings, Bandai Namco Locations: Bank of Japan, Japan

☆ Here are Wednesday's biggest analyst calls: Nvidia, Tesla, Starbucks, Chipotle, Eli Lilly, Target, TJX Companies, Coinbase and more
▼ + stars: | 2024-08-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Stifel upgrades Starbucks to buy from hold Stifel upgraded the coffee chain following the management shakeup that included a new CEO. Jefferies upgrades Sportradar to buy from hold Jefferies upgraded the Swiss global sports tech company, saying it's becoming "increasingly attractive." Morgan Stanley reiterates Target as overweight Morgan Stanley said it's sticking with its overweight rating heading into Target 's earnings next week. Berenberg reiterates Eli Lilly as buy Berenberg raised its price target on the drugmaker to $1,050 per share from $1,000. TD Cowen upgrades Ilumina to buy from hold TD Cowen sees revenue growth ahead for the biotech company.

Persons: Wolfe, PulteGroup, rais, Brian Niccol, Baird, Tesla, it's bullish, Goldman Sachs, Goldman, Elliott, Wells, Equitrans, ETRN, Jefferies, it's, SRAD, Bernstein, Chipotle, Morgan Stanley, Berenberg, Eli Lilly, Lilly, circumspection, Ross, BURL, ROST, Oppenheimer, TD Cowen, mgmt Organizations: Stifel, RBC, Johnson, underperform RBC, Elliott Management, Barclays, Nvidia, JPMorgan downgrades Emerson, JPMorgan, Deutsche Bank, Deutsche, Ball Corp, Ball Corporation, Montrose Environmental, Stock, Intuit, Citi, Palo Alto, Bank of America, TJX Companies, Argus Locations: Florida, Underperform, Swiss, Montrose, QuickBooks, Burlington, Coinbase, China, Hershey

☆ 'AI shopping list': Morgan Stanley names its top global picks to play the AI theme
▼ + stars: | 2024-08-13 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

The buzz around artificial intelligence may have quietened after a volatile week for some of the sector's biggest names, but Morgan Stanley continues to see promise in a raft of European stocks. Morgan Stanley's "European AI shopping list" includes names ranging from semiconductor equipment and data center plays to software and healthcare companies. Morgan Stanley has a target price of 1,000 euros ($1,092) on the stock, giving it over 27.5% potential upside. Segro Morgan Stanley describes British REIT Segro as the "landlord of Europe's largest cluster of data centers." Morgan Stanley has a target price of 224 euros on the stock, giving it around 18.3% upside potential.

Persons: Morgan Stanley, Morgan Stanley's, ASML Morgan Stanley, Lee Simpson, ASML's, Simpson, Segro Morgan Stanley, Segro, Bart Gysens, SAP Morgan Stanley, Adam Wood, Merck KGaA, Morgan, Thibault Boutherin, Boutherin, — CNBC's Michael Bloom Organizations: Apple, Euronext, Nasdaq, London Stock Exchange, Euronext Paris, American Depository, SAP, Frankfurt Stock Exchange, New York Stock Exchange, Merck, EMD Group, Canada, Merck KGaA's Electronics Locations: Europe, TSMC, Euronext Amsterdam, U.S, United States, Frankfurt

☆ I was a flight attendant for 2 years. Here are the answers to 10 questions passengers always ask.
▼ + stars: | 2024-08-13 | by ( Arina Bloom | ) www.businessinsider.com time to read: +6 min

In my experience, flight attendants are only allowed to take time to eat when the food/drink service is done. It's a room only flight attendants know how to access. For example, flying from New York to Chicago is a two-hour flight, so the flight attendants only get paid for two hours. Passengers are sometimes concerned about the quality of the water because they don't know how often the water tanks are cleaned. Some passengers ask to look flight attendants in the eyes during takeoff.

Persons: —, Bernd Vogel, Matej, I've, Adnan Abidi, we're Organizations: Service, Business Locations: San Francisco, New York, It's, Chicago, Los Angeles, Hawaii, Asia, Europe, Japan

☆ A shopping list of quality stocks to buy during the pullback from Strategas
▼ + stars: | 2024-08-13 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +2 min

Chevron has a free cash flow yield of 6.3%. The chipmaker has a free cash flow yield of 5.6% and an interest coverage ratio of 13.9. Nearly 70% of analysts on the stock have issued a strong buy or buy rating. The company has a free cash flow yield of 10.7% and a total coverage ratio of 5.5. About three-fifths of analysts covering the company hold a buy or strong buy rating.

Persons: Jason De Sena Trennert, Trennert, Wolfe, LSEG, — CNBC's Michael Bloom Organizations: Strategas Securities, . Energy, Chevron, Qualcomm, Wolfe Research

☆ Here are Tuesday's biggest analyst calls: Netflix, Amazon, Lyft, CrowdStrike, Dell, Disney, Hormel, Eli Lilly, Home Depot & more
▼ + stars: | 2024-08-13 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Here are the biggest calls on Wall Street on Tuesday: Wells Fargo initiates Rollins as overweight Wells says it's bullish on shares of the pest control company. Goldman Sachs reiterates Disney as buy Goldman said it's sticking with its buy rating following Disney's biennial D23 fan event in California. " Wells Fargo initiates ITeos Therapeutics at overweight Wells said in its initiation of coverage into ITeos that the biotech company has multiple catalysts ahead. Bank of America reiterates Lyft as buy The bank said the ride sharing company is trading at a "significant discount." Wells Fargo reiterates Home Depot as overweight Wells says investors should buy the dip in Home Depot shares following earnings Tuesday morning.

Persons: Wells, Rollins, it's bullish, Goldman Sachs, Goldman, Bernstein, WBD, BTIG, Eli Lilly, Stifel, Lyft Organizations: Wells Fargo, Disney, UBS, JPMorgan, Netflix, Mizuho, Palo Alto, Barclays, Dell, DELL, Citi, Sales, Warner Brothers Discovery, ITeos, " Bank of America, Bank of America, Co, McCormick &, Depot, Amazon Locations: California, Turkey

☆ Is Netflix recession resistant? JPMorgan thinks so
▼ + stars: | 2024-08-13 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +2 min

Netflix is one of the few bright spots among media names in the case of an economic slowdown, according to JPMorgan. Netflix shares are trading just 2% lower following its second-quarter earnings announcement on July 18, whereas the S & P 500 is currently down 4% over the same period. In the second quarter, Netflix reported a 34% yearly increase in its ad-supported memberships, and total memberships topped analysts' forecasts. Anmuth added, "We generally view subscription services like NFLX (and SPOT ) as being more resilient during periods of macro pressure." A potential weak spot for Netflix may be a softening digital ad market.

Persons: Doug Anmuth, NFLX, Anmuth, — CNBC's Michael Bloom Organizations: Netflix, JPMorgan, Big Tech, Spotify

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Qualcomm, Robinhood, Starbucks, Disney & more
▼ + stars: | 2024-08-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Monday's biggest calls on Wall Street: UBS reiterates Nvidia as buy UBS said it's sticking with Nvidia shares heading into earnings later this month. Wolfe downgrades Qualcomm to peer perform from outperform Wolfe said Apple's internal modem use is finally having an effect on Qualcomm. Jefferies upgrades Par Technology to buy from hold Jefferies said it's bullish on shares of the "pure-play" restaurant tech platform. " Deutsche Bank upgrades Eli Lilly to buy from hold Deutsche upgraded the stock following earnings last week. Bank of America upgrades Churchill Downs to buy from neutral Bank of America said it likes the racing company's growth pipeline.

Persons: Morgan Stanley, Disney, it's, Wolfe, Qualcomm, Wedbush, it's bullish, Jefferies, Walmart Evercore, Piper Sandler, Piper, HOOD, Goldman Sachs, Mills, Goldman, Canaccord, Mizuho, Cummins, Wells, PRU, Eli Lilly, Churchill, Jim Anderson Organizations: UBS, Nvidia, RBC, Ardent Health, Ardent Health Partners, Inc, Qualcomm, Jefferies, Technology, Walmart, HSBC, GE Vernova, GE, Micron, MU, Elliott, Bank of America, Liberty Global, underperform Bank of America, Liberty, Prudential, Allstate, Deutsche Bank, Deutsche, of America, " Bank of America Locations: Asia, Cupertino, Wells, Churchill

☆ Goldman Sachs names the Japanese stocks to buy right now — and gives 2 over 50% upside
▼ + stars: | 2024-08-12 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

In a note on Aug. 7, Goldman's analysts revealed a number of top picks, including three buy-rated Japanese stocks with over 40% upside potential over the next 12 months. Year-to-date, Asics shares are up 99.5%. Goldman has a target price of 3,100 Japanese Yen ($21.07) on the stock, giving it around 50% upside potential at the time of the note. Goldman has a target price of 6,900 Japanese Yen on the stock, or 37% potential upside. Goldman has a target price of 4,850 Japanese Yen on the stock, giving it around 54% upside potential at the time of the bank's note.

Persons: Goldman Sachs, U.S . Asics Corporation Goldman, Sho Kawano, Asics, Goldman, Suntory Beverage & Food Goldman, Takashi Miyazaki, Miyazaki, Ryo Harada, — CNBC's Michael Bloom Organizations: Nikkei, Tokyo Stock Exchange, U.S . Asics Corporation, Asics Corp, Suntory Beverage & Food, Asia Pacific, Suntory, Yen, Hitachi Locations: U.S, Japan, Europe, Asia

NEW YORK — In the Ryan Reynolds-Blake Lively box-office showdown, both husband and wife came out winners. Reynolds’ Marvel Studios smash “Deadpool & Wolverine” remained the top movie in North American theaters for the third straight week with $54.2 million in ticket sales according to studio estimates Sunday. “Deadpool & Wolverine,” though, was closely followed by “It Ends With Us,” the romance drama starring Lively, which surpassed expectations with a stellar $50 million debut. In 1990, Bruce Willis’ “Die Hard 2” led the box office while Demi Moore’s “Ghost” came in second. Meanwhile, “Deadpool & Wolverine,” which co-stars Hugh Jackman, continued its march through box-office records.

Persons: Ryan Reynolds, Blake Lively, Reynolds, Wolverine ”, it’s, Deadpool, Lively, “, Bruce Willis ’, ”, Demi Moore’s, Eli Roth, Cate Blanchett, Kevin Hart, Jack Black, “ Deadpool, Hugh Jackman, Shawn Levy, Colleen Hoover, Lily Bloom, Justin Baldoni, Brandon Sklenar, Tilman Singer, Hunter Schafer, Dan Stevens Organizations: Reynolds ’ Marvel Studios, Lionsgate, Rotten, Marvel, Columbia Pictures, Wayfarer Studios, Sony, Audiences Locations: Boston

☆ What ‘It Ends With Us’ Says About the Blake Lively Brand
▼ + stars: | 2024-08-11 | by ( Esther Zuckerman | ) www.nytimes.com time to read: +1 min

Blake Lively’s hair is like a character unto itself in the new romantic drama “It Ends With Us.”Her thick mane shapeshifts with her role, Lily Bloom, a flower shop owner who falls in and out of love with an abusive neurosurgeon. Lively’s hair, dyed a soft ginger, is artfully messy when she gets her hands dirty starting up the store. You could say Blake Lively’s hair is a tool she uses to sell her performance, but her performance is also a tool she uses to sell her hair. Those who are impressed with her locks in “It Ends With Us” can learn from her Instagram that she recently debuted a line of hair-care products called Blake Brown. In many ways “It Ends With Us” is a brand-building exercise for Lively.

Persons: Blake, Lily Bloom, Blake Brown, Brown, Lively, Justin Baldoni, Colleen Hoover Locations: “

☆ The 8 biggest differences between the 'It Ends With Us' book and movie
▼ + stars: | 2024-08-11 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +1 min

The Blake Lively movie is an adaptation of Colleen Hoover's novel of the same name. The central story remains the same, but there are some notable changes from the book. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! AdvertisementThe book-to-screen adaptation of one of BookTok's most popular reads, "It Ends With Us," was released in theaters on Friday.

Persons: Blake Lively, Colleen Hoover's, —, Lily Bloom, Ryle Kincaid, Justin Baldoni, Lily, Ryle, Atlas Corrigan, Brandon Sklenar Organizations: Service, Business

☆ Buy the dip in tech stocks including Nvidia amid market uncertainty, Bank of America says
▼ + stars: | 2024-08-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

There's still plenty of top technology stocks to buy even as the market unease continues, according to Bank of America. Apple Services saw record revenue, leading Mohan to conclude there's plenty of upside ahead for Apple shares as new products debut in September. Apple shares are down about 3% this month. Meanwhile, Netflix shares are down almost 8% over the last month. Palantir "PLTR's dominant position in the AI-powered software market, differentiated end-to-end, ontology-powered & highly secure solutions and first mover advantages should support revenue growth and improving profits in the midterm.

Persons: Palantir, Wamsi Mohan, Tim Cook, Mohan, Jessica Reif Ehrlich, Reif Ehrlich, BofA, Uber, Justin Post, Post, he's bullish, Nvidia, Blackwell Organizations: Bank of America, CNBC, Netflix, Nvidia, Apple, Apple Intelligence, Apple Services, Post, Uber, intel, TAM Locations: Bank

☆ 'It Ends With Us' screenwriter on the potential for a sequel to the new Blake Lively movie
▼ + stars: | 2024-08-10 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +4 min

Read previewDespite what the title may suggest, "It Ends With Us" is just the first chapter in Colleen Hoover's viral BookTok series. "I think there are better people for that one," Baldoni told Entertainment Tonight at the film's New York premiere when asked about the potential for a sequel. AdvertisementBlake Lively as Lily Bloom and Justin Baldoni as Ryle Kincaid in "It Ends With Us." On the prospect of a sequel, Christy Hall, who adapted the novel for the big screen, told Business Insider that the movie rights may have already been snapped up — by someone else. The book sequel picks up immediately after the end of 'It Ends With Us'The sequel, which was published in 2022, picks up immediately after the final scene from "It Ends With Us."

Persons: —, Colleen Hoover's, Blake Lively, Justin Baldoni, Baldoni, Blake Lively's, Lily Bloom, Ryle Kincaid, Lively, Christy Hall, Colleen Hoover, Brandon Sklenar, Atlas Corrigan, Jojo Whilden, Colleen, she's, Hall, I'd, Hoover, Lily, Josh, Verity Organizations: Service, Business, Entertainment, Sony Pictures, Rotten, Hollywood, Variety, Amazon MGM Studios Locations: York, Hollywood

Colleen Hoover’s bestselling novel-turned-film adaptation “It Ends With Us” is stirring controversy ahead of its opening weekend, with online sleuths speculating over alleged behind-the-scenes drama between cast members. Baldoni optioned the film in 2019 with Wayfarer Studios, and later signed on to direct and star in it. Representatives for Baldoni, Lively and Hoover did not immediately respond to requests for comment. “The iconic rooftop scene, my husband actually wrote it,” Lively told E! When asked about whether he'd be interested in directing a sequel, Baldoni told "Entertainment Tonight," “I think that there are better people for that one."

Persons: Colleen Hoover’s, Hoover, Lily Bloom, Blake Lively, Ryle Kincaid, Justin Baldoni, Baldoni, Lively, Brandon Sklenar, Atlas Corrigan, Lily’s, Ryle, Hoover’s, ”, Harry Styles, Jenny Slate, Here’s, —, Ryan Reynolds, Emily Baldoni, Slate, Allysa, “, ’, Slate's, Reynolds, Deadpool, ” Lively, ” Christy Hall, ” Hall, ‘, Ryan, “ Ryan, he'd, Blake Lively's Organizations: Wayfarer Studios, Variety, Baldoni, Sony Pictures, New, New York City, People, Entertainment Locations: Lively, New York, Baldoni

☆ Europe was on the brink of a night train revolution. Here’s what actually happened
▼ + stars: | 2024-08-09 | by ( Ben Jones | ) edition.cnn.com time to read: +11 min

Prior to the company’s demise, it had looked like Europe was poised for something of a night train revolution. Despite this demand, the hurdles for startups like Midnight Train trying to enter the market to meet it remain virtually insurmountable. Formidable obstaclesEuropean Sleeper is one of the few new night train operators to begin services, but the company has struggled to find rolling stock. “Politicians must be clear: the night train market will be effectively closed for a very long time,” he says. With the honorable exception of Nightjet, which plans to expand rapidly over the next five years, European night train services have yet to match the hype.

Persons: Adrien Aumont, Eva Plevier, Alex Halada, –, ÖBB, Nick Brooks, ”, “, Bart Biesemans, ” Brooks, Mark Smith, Robert Nemeti Organizations: CNN, Trains, Midnight Trains, Regiojet, Compagnie Internationale des, Orient Express, Getty, Austrian Federal Railways, Reuters, Barcelona, European Union, Swiss Federal Railways, Deutsche Bahn, Italian State Railways, Formidable, EU Locations: Europe, Stockholm, Denmark, Germany, Czech, Czechia, Slovakia, Ukraine, Prague, Croatia’s, Brussels, Amsterdam, Berlin, –, France, Barcelona, AFP, Spanish, Paris, Milan, Venice, Florence, Rome, Hamburg, Copenhagen, Madrid, Porto, Edinburgh, Anadolu, Vienna, Austria, Italy, Hungary, Poland, Belgium, Netherlands, Sweden, Sicily, Messina, Europe’s

☆ Goldman Sachs added these stocks to its global conviction lists, giving them more than 30% upside
▼ + stars: | 2024-08-09 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Goldman Sachs has added a number of stocks to its lists of top picks for August. These lists are the bank's "curated and active" picks of between 15 and 30 top buy-rated stocks for each region. Goldman gave the stock a price target of 2,499 pence ($31.79), or about 34% upside. Goldman gave the stock a price target of 13.98 Hong Kong dollars ($1.79), or about 46% upside. Goldman gave the stock a price target of 125 Chinese yuan ($17.51), or nearly 61% upside.

Persons: Goldman Sachs, Goldman, — CNBC's Michael Bloom Organizations: Goldman, Lenovo, Hong Locations: United States, Europe, Asia, London, U.K, Hong Kong

The International Olympic Committee will hand out more than 300 medals over the course of the Paris Games, but it won't hand out any cash. Without them, there would be no Olympics," Bloom told CNBC Sport. This makes cashing in on Olympic success more complicated than you would expect. "But then, like many athletes know, injuries aren't just a physical thing. Find out more about how Olympic athletes cash in on their dream by watching the video above.

Persons: Ben Bloom, Bloom, Desiree Henry, aren't, Henry Organizations: Olympic, Paris Games, Games, CNBC Sport, Sport, Britain, Business, Elite Locations: Hong Kong, Singapore, Great Britain, Sweden, Norway, Paris

☆ Here are Tuesday's biggest analyst calls: Nvidia, Apple, Micron, Amazon, Apollo Global & more
▼ + stars: | 2024-08-06 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Tuesday's biggest calls on Wall Street: Stifel initiates GE Healthcare as buy Stifel said it's bullish on shares of the GE spin-off. Rosenblatt reiterates Nvidia as buy Rosenblatt said concerns about delays in the company's Blackwell chip are overdone. " JPMorgan downgrades Carlyle Group to neutral from overweight JPMorgan said it sees better value elsewhere. Morgan Stanley reiterates Apple as overweight Morgan Stanley said Monday's DOJ ruling on Alphabet is a negative for Apple. JPMorgan upgrades Sonic Automotive to overweight from neutral JPMorgan said investors should buy the dip in the auto company.

Persons: Stifel, it's, Morgan Stanley, Rosenblatt, Blackwell, JPMorgan, Carlyle, Piper Sandler, Piper, Palantir, KeyBanc, D.A, Davidson, Apple, GOOGL, SAH, underperform Macquarie Organizations: GE Healthcare, GE, Taiwan Semiconductor, JPMorgan, Barclays, Nvidia, Blackwell, Royal, JPMorgan downgrades Carlyle Group, Bank of America, Artificial Intelligence, Micron, Apollo, of America, Apollo Global Management, APO, Meta, Retail Media, DOJ, Apple, Aspen, Sonic Automotive, SS, UBS, Walmart, Northland, Honest, Honest Company, Macquarie, underperform Locations: Royal Caribbean, GOOGL, EVs, China

☆ Greenlight's David Einhorn sees 'higher secular inflation' in the years ahead
▼ + stars: | 2024-08-06 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Greenlight Capital's David Einhorn believes the outcome of the U.S. presidential election is insignificant to the markets, as he sees elevated inflation on the back of a burdening fiscal deficit under both candidates. "From a market perspective, we don't think it matters very much who wins," Einhorn wrote in a letter to investors dated Tuesday. We believe this supports our ongoing expectations of higher secular inflation in the coming years." Vice President Kamala Harris has entered the race following President Joe Biden's exit, going head to head with former President Donald Trump in the November election. The federal debt is now at $34.5 trillion , or about $11 trillion higher than where it stood in March 2020.

Persons: Greenlight Capital's David Einhorn, Einhorn, Kamala Harris, Joe Biden's, Donald Trump, Biden, — CNBC's Michael Bloom Organizations: U.S, Brighthouse, ODP Corporation, HP, Kyndryl Holdings, Consol Energy

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