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☆ Here are Wednesday's biggest analyst calls: Apple, Amazon, Tesla, Schwab, Pinterest, Exxon, Disney and more
▼ + stars: | 2023-11-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Wednesday's biggest calls on Wall Street: Piper Sandler downgrades Hershey to neutral from overweight Piper Sandler said it's concerned about rising cocoa costs for Hershey. UBS reiterates Apple as neutral UBS said its survey checks show wait times for Apple's iPhone are almost nonexistent. Piper Sandler reiterates Charles Schwab as buy Piper Sandler said the company is a "likely beneficiary of fed rate cuts." Piper Sandler reiterates Pinterest as overweight Piper Sandler raised its price target on Pinterest to $40 per share from $37 and says trends are improving. UBS reiterates Exxon as buy UBS said it's bullish heading into Exxon's corporate plan event on Dec. 6.

Persons: Piper Sandler downgrades Hershey, Piper Sandler, it's, Guggenheim, Tesla, Truist, Canaccord, Raymond James, TD Cowen, AZN, Goldman Sachs, Leslie's, Carlyle, Wells, Wells Fargo, Apple, Jefferies, Airbnb, ABNB, Cantor Fitzgerald, Microvast, Charles Schwab, SCHW, Morgan Stanley, Bernstein, PDD, Marti, Pinterest, D.A, Davidson, Estée Lauder Organizations: Hershey, UBS, Apple, " Bank of America, underperform Bank of America, AstraZeneca, downgrades, Group, Goldman, GS, Bank of America, Union, JPMorgan, Disney, Taiwan Semiconductor, Intel, Commerce, Marti Technologies, DFS, Exxon Locations: China, Europe, Japan, America, CY24, Turkey, XOM's

It also is one of the most substantial exceptions to the Posse Comitatus Act, which generally prohibits using the military for law enforcement purposes. Trump has spoken openly about his plans should he win the presidency, including using the military at the border and in cities struggling with violent crime. His plans also have included using the military against foreign drug cartels, a view echoed by other Republican primary candidates such as Florida Gov. The threats have raised questions about the meaning of military oaths, presidential power and who Trump could appoint to support his approach. William Banks, a Syracuse University law professor and expert in national security law, said a military officer is not forced to follow “unlawful orders."

Persons: Donald Trump, “, I’m, ”, ” Trump, Trump, don’t, Joseph Nunn, Brennan, “ There’s, Nunn, Ron DeSantis, Nikki Haley, Michael Flynn, Flynn, Charles Q, Brown, Joe Biden's, Lyndon Johnson, Dr, Martin Luther King Jr, Johnson, John F, Kennedy, Dwight Eisenhower, Eisenhower, George H.W, Bush, Rodney King, Michael O’Hanlon, O’Hanlon, Pat Ryan, Ryan, William Banks, Banks, ” Nunn, Jill Colvin, Michelle L, Price, Linley Sanders Organizations: WASHINGTON, New, Brennan Center for Justice, Florida Gov, South, Army, FBI, Trump, Pentagon, Joint Chiefs, Staff, U.S . Capitol, AP, Republican, Washington, Civil, 101st Airborne, Central High School, National Guard, Brookings Institution, Democratic, U.S . Military Academy, Syracuse University, Associated Press Locations: Iowa, New York City, Chicago, Florida, South Carolina, U.S, Baltimore , Chicago, Rock , Arkansas, Los Angeles, New York, West, Washington

GAINESVILLE, Fla. (AP) — Florida coach Billy Napier began a much-needed defensive makeover by firing two assistants Monday. Napier parted with cornerbacks coach Corey Raymond and defensive line coach Sean Spencer two days after a season-ending, 24-15 loss to rival and then-No. The person spoke to The Associated Press on condition of anonymity because neither the coach nor the assistants had made the moves public. Napier hired Raymond and Spencer before his first season. But with Spencer in charge, Florida’s run defense ranked 12th in the SEC in 2022 and 11th in 2023.

Persons: Billy Napier, Napier, Corey Raymond, Sean Spencer, Jordan Travis, Raymond, Spencer, ” Organizations: —, Florida State, Associated Press, The Gators, Defense, Seminoles, LSU, Southeastern Conference, Gators, New York Giants, Penn State, SEC, AP Locations: GAINESVILLE, Fla, — Florida, Florida, Gainesville

DUBAI, United Arab Emirates (AP) — Attackers seized a tanker linked to Israel off the coast of Yemen on Sunday, authorities said. The attackers seized the Liberian-flagged Central Park, managed by Zodiac Maritime, in the Gulf of Aden, the company and private intelligence firm Ambrey said. London-based Zodiac Maritime is part of Israeli billionaire Eyal Ofer’s Zodiac Group. Both the Symi and the Central Park had been behaving as if they faced a threat in recent days. The Houthis did not immediately acknowledge the seizure of the Central Park.

Persons: Ambrey, Zodiac, ” Zodiac, Eyal Ofer’s, Ofer, Daniel Guy Ofer, ”, — Organizations: United Arab Emirates, — Attackers, Liberian, Zodiac Maritime, Associated Press, Turkish, Clumvez Shipping Inc, Eyal Ofer’s Zodiac Group, Clumvez Shipping, U.S, United Kingdom Maritime Trade Operations, CMA, Central, AP, Ships, AIS, Israel Locations: DUBAI, United Arab, Israel, Yemen, Gulf, Aden, London, Saudi, Houthi, U.S, Iran, Oman, British, Yemen's, Djibouti, Somalia, Suez, Palestinian, Red

☆ Iraq's Kataib Hezbollah Militia Says 5 Killed by US Strikes
▼ + stars: | 2023-11-22 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

BAGHDAD (Reuters) - Iraq's Kataib Hezbollah militia said five of its members were killed in its stronghold of Jurf al-Sakhar south of Baghdad in U.S. strikes that Washington said came in response to attacks by Iran-aligned militias against their forces in the region. The attacks began on Oct. 17 and have been linked by Iraqi militia groups to U.S. support for Israel in its bombardment of Gaza following attacks by Palestinian militant group Hamas on Israel. The strike by fighter aircraft targeted and destroyed a Kataeb Hezbollah operations centre and a Kataeb Hezbollah Command and Control node near Al Anbar and Jurf Al-Sakhar, south of Baghdad, a U.S. defense official said. An Iraqi military official said at least three Kataeb Hezbollah members had been killed and seven wounded in the overnight U.S. strikes. (Reporting by Ahmed Rasheed and Timour Azhari in Baghdad; Editing by Jacqueline Wong asnd Andrew Heavens)

Persons: Washington, Jurf, Mohammed Shia Al, Sudani, Ahmed Rasheed, Timour, Jacqueline Wong asnd Andrew Heavens Organizations: Israel, Hamas, Hezbollah Command Locations: BAGHDAD, Jurf, Baghdad, U.S, Iran, The U.S, Iraq, Israel, Gaza, Al Anbar, Iraqi, United States

WASHINGTON (AP) — A federal appeals court is hearing arguments Monday on whether to reinstate a gag order against Donald Trump in the federal case charging him with plotting to overturn the results of the 2020 presidential election. The prosecutors say those restrictions are necessary to prevent Trump from undermining confidence in the court system and intimidating people who may be called to testify against him. The gag order is one of multiple contentious issues being argued ahead of the landmark March 2024 trial. Political Cartoons View All 1256 ImagesThe judge lifted it days after entering it, giving Trump's lawyers time to prove why his words should not be restricted. Should the judges rule against Trump, he'll have the option of asking the entire court to take up the matter.

Persons: Donald Trump, Jack Smith's, Trump, Tanya Chutkan, Smith, Chutkan, Cornelia Pillard, Patricia Millett, Barack Obama, Brad Garcia, Joe Biden Organizations: WASHINGTON, —, Prosecutors, Trump, U.S, Appeals, District of Columbia Circuit, he'll, House Locations: Washington

☆ U.S. Defense Secretary Visits Ukraine in Show of Support
▼ + stars: | 2023-11-20 | by ( Matthew Mpoke Bigg | More About Matthew Mpoke Bigg | ) www.nytimes.com time to read: +1 min

Defense Secretary Lloyd J. Austin III visited the Ukrainian capital of Kyiv on Monday, vowing support for government at a time when progress in the war against Russia as well as U.S. military aid have both stalled. Mr. Austin was greeted by the U.S. ambassador to Ukraine, Bridget A. He was scheduled to meet President Volodymyr Zelensky of Ukraine and other senior officials. “I’m here today to deliver an important message — the United States will continue to stand with Ukraine in their fight for freedom against Russia’s aggression, both now and into the future,” Mr. Austin said. Rallying international backing as well as military aid has been a key priority for Mr. Zelensky since Russia’s invasion in February last year.

Persons: Lloyd J, Austin III, Austin, Bridget A, Volodymyr Zelensky, “, ” Mr, Zelensky Organizations: Mr, U.S Locations: Kyiv, Russia, Ukraine, United States, Ukrainian

☆ Israel says Houthis seize ship in Red Sea, no Israelis among owners or crew
▼ + stars: | 2023-11-19 | by ( ) www.reuters.com time to read: +1 min

JERUSALEM, Nov 19 (Reuters) - Israel said on Sunday that Yemen's Houthis had seized a British-owned and Japanese-operated cargo ship in the southern Red Sea, describing the incident as an "Iranian act of terrorism" with consequences for international maritime security. Last week, the Houthi leader said his forces would make further attacks on Israel and they could target Israeli ships in the Red Sea and the Bab al-Mandeb Strait. Israeli Prime Minister Benjamin Netanyahu's office said a ship - which it did not name - had been seized, and stressed that Israel was not involved in its ownership, operation or the make-up of its international crew. The Israeli military said in an earlier statement the ship seizure took place in the Red Sea. Writing by Dan Williams; Editing by Jane Merriman and Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Israel, Yemen's Houthis, Benjamin Netanyahu's, Dan Williams, Jane Merriman, Hugh Lawson Organizations: U.S . Defense, Thomson Locations: British, Tehran, Israel, Gaza, Mandeb, belligerence, Red

☆ US, China, Southeast Asia defence officials meet amid crises
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +2 min

[1/2] Ministers and members of the delegates attend the opening session of the 10th Association of Southeast Asian Nations (ASEAN) Defense Ministers' Meeting - Plus in Jakarta, Indonesia, November 16, 2023. REUTERS/Willy Kurniawan/Pool Acquire Licensing RightsJAKARTA, Nov 16 (Reuters) - Defence ministers and officials from the United States, China, Russia and Southeast Asia gathered in Indonesia on Thursday for a meeting where they are expected to discuss geopolitical crises in and outside the region. Defence ministers in Southeast Asia's regional bloc ASEAN called on Wednesday for a ceasefire in Gaza and a durable solution in Myanmar, as conflicts are deepening there. "Indonesia is of the view that the region's multiple security issues, ranging from traditional and non-traditional threats, can only be solved by extensive open and inclusive global collaboration," Prabowo Subianto, Indonesia's defence minister said in an opening speech on Thursday. Visiting Washington this week, Indonesian President Joko Widodo pressed Biden to do more to end Israel's war with Hamas.

Persons: Willy Kurniawan, Prabowo, Lloyd Austin, Alexander Fomin, Jing Jianfeng, Joe Biden, Xi Jinping, Joko Widodo, Biden, Stanley Widianto, Lincoln Organizations: 10th Association of Southeast Asian Nations, ASEAN, Defense, REUTERS, Rights, Defence, U.S . Defense, Joint Staff Department of, Central Military Commission, Hamas, Thomson Locations: Jakarta, Indonesia, Rights JAKARTA, United States, China, Russia, Southeast Asia, Southeast Asia's, Gaza, Myanmar, Korean, Australia, New Zealand, San Francisco, Malaysia, Washington

☆ EV maker Canoo slashes spending for second half of 2023, forecasts smaller loss
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +2 min

A view shows the Canoo logo on a Canoo LV (Lifestyle Vehicle) electric vehicle outside a manufacturing site in Livonia, Michigan, U.S. November 29, 2022. The EV maker expects capital expenditure of $30 million to $40 million in the second half of 2023, compared with its prior forecast range of $70 million to $100 million. Canoo projects core loss to be between $85 million and $105 million for the second half, versus its previous range of $120 million to $140 million. Adjusted loss per share was 6 cents, compared with LSEG estimates of a 12-cent loss. Its cash and cash equivalents were $8.3 million as of Sept. 30, compared with $5 million in the preceding three months.

Persons: Rebecca Cook, Canoo, Tony Aquila, EVs, Aquila, Samrhitha, Shilpi Majumdar Organizations: REUTERS, Ford, General Motors, U.S . Defense Department, Walmart, NASA, Thomson Locations: Livonia , Michigan, U.S, Oklahoma, Bengaluru

According to the Pentagon's most recent report on China's military power, Beijing has “denied, canceled or ignored” military-to-military communications and meetings with the Pentagon for much of last year and this year. In an effort to improve transparency and communication, defense leaders from the two countries were meeting regularly. He and other defense chiefs, Joint Chiefs chairmen and regional high-level U.S. commanders routinely traveled to China over the next decade, and Chinese defense leaders came to the Pentagon. The Pentagon routinely complained that there was little tangible progress in the press for greater transparency in China’s military ambitions and its burgeoning defense budget. But the lack of communications heightened worries about an increase in what the Pentagon calls risky Chinese aircraft and warship incidents in the past two years.

Persons: Joe Biden, Xi Jinping, “, Robert Gates, ”, Chuck Hagel, Hagel, China's, Obama, Trump, Nancy Pelosi’s, Pelosi, Newt Gingrich, Carolyn Bartholomew, Bonnie Lin, ” Lin, Tara Copp Organizations: WASHINGTON, Economic Cooperation, Military Maritime, U.S, Pentagon, Defense Department, Chiefs, Yuchi, Pacific ., Beijing, The Defense Department, China Economic, Security, China, Center for Strategic, International Security, Associated Press Locations: Asia, San Francisco, China, Beijing, U.S, Singapore, South China, South, America's, Taiwan, Russia, Ukraine, Syria, Washington

☆ North Korea vows more offensive response to US 'threats' -KCNA
▼ + stars: | 2023-11-15 | by ( Soo-Hyang Choi | ) www.reuters.com time to read: +3 min

Song Kyung-Seok/Pool via REUTERS Acquire Licensing RightsSEOUL, Nov 16 (Reuters) - North Korea on Thursday criticised a recent visit to South Korea by top U.S. defence officials and vowed more "offensive" responses to what it called military threats from the United States and its allies, state media reported. During Austin's visit, South Korea and the United States revised a bilateral security agreement aimed at deterring North Korea's advancing nuclear and missile threats. South Korea's defence ministry said the revision was necessary because the existing strategy did not adequately address rapid advancements in North Korea's missile and nuclear programs. Austin's visit followed U.S. Secretary of State Antony Blinken's trip to South Korea last week. North Korea and Russia have denied any arms deals, though their leaders pledged closer military cooperation at their September summit.

Persons: Defense Lloyd Austin, South Korean Defense Minister Shin Won, sik, Kyung, Defense Lloyd Austin's, Austin's, Antony Blinken's, Jin, Yoko Kamikawa, Soo, hyang Choi, Chris Reese, Cynthia Osterman, Gerry Doyle Organizations: Defense, South Korean Defense Minister, United Nations Command, UNC, Defense Ministry, REUTERS Acquire, Rights, DPRK, Democratic People's, United, Pentagon, U.S . State Department, U.S . Defense Security Cooperation Agency, South Korean Foreign, Thomson Locations: South Korea, Seoul, Rights SEOUL, North Korea, United States, Defense Lloyd Austin's Seoul, DPRK, Democratic People's Republic of Korea, Korea, Republic of, Russia, San Francisco

☆ US, China, Southeast Asia Defence Officials Meet Amid Crises
▼ + stars: | 2023-11-15 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +2 min

JAKARTA (Reuters) - Defence ministers and officials from the United States, China, Russia and Southeast Asia gathered in Indonesia on Thursday for a meeting where they are expected to discuss geopolitical crises in and outside the region. Defence ministers in Southeast Asia's regional bloc ASEAN called on Wednesday for a ceasefire in Gaza and a durable solution in Myanmar, as conflicts are deepening there. Among those attending are U.S. Defense Secretary Lloyd Austin, Russia's Deputy Defence Minister Alexander Fomin and Jing Jianfeng, China's deputy chief of staff of the Joint Staff Department of the Central Military Commission. Other countries participating on Thursday are Australia, New Zealand and others, while Myanmar is absent. Visiting Washington this week, Indonesian President Joko Widodo pressed Biden to do more to end Israel's war with Hamas.

Persons: Prabowo, Lloyd Austin, Alexander Fomin, Jing Jianfeng, Joe Biden, Xi Jinping, Joko Widodo, Biden, Stanley Widianto, Lincoln Organizations: Defence, ASEAN, U.S . Defense, Joint Staff Department of, Central Military Commission, Hamas Locations: JAKARTA, United States, China, Russia, Southeast Asia, Indonesia, Southeast Asia's, Gaza, Myanmar, Korean, Australia, New Zealand, San Francisco, Malaysia, Washington

The conflict is also testing the limits of the regional coalition whose members - which include the Syrian government, Hezbollah, Hamas and other militant groups from Iraq to Yemen - have differing priorities and domestic challenges. On Oct. 7, Hamas' military commander Mohammed Deif called on its axis allies to join the struggle. Yet, like its backer Iran, Hezbollah has avoided an all-out confrontation. Iran does not recognise Israel's existence, while Israel has long threatened military action against Iran if diplomacy fails to curb its disputed nuclear activity. "Iran has shown a four-decade commitment to fighting America and Israel without entering into direct conflict.

Persons: Ali Khamenei, Ismail Haniyeh, wouldn't, Yemen's Houthis, Mohanad Hage Ali, Israel, Mohammed Deif, Khaled Meshaal, Dennis Ross, Hamas didn't, didn't, Sayyed Hassan Nasrallah, Joe Biden, Lloyd Austin, Yoav Gallant, Israel didn't, Karim Sadjadpour, Parisa Hafezi, Laila Bassam, Arshad Mohammed, Tom Perry, Jonathan Saul, Idrees Ali, Phil Stewart, Pravin Organizations: Israel, Reuters, Hezbollah, Carnegie Middle East Center, Hamas, Washington Institute for Near, Iran, AMERICA, United, U.S, Pentagon ., . Defense, NORTH Austin, Carnegie Endowment, International, Thomson Locations: DUBAI, Tehran, Israel, Iran, Palestinian, Iraq, Syria, Yemen, Beirut, Gaza, Lebanon, Palestine, United States, U.S, East, Iranian, Afghanistan, Seoul, ISRAEL, America, Dubai, Saint Paul, Jerusalem, Washington

[1/6] A Russian delegation led by Alexander Kozlov, the minister of natural resources, presents flower baskets to the statues of North Korea's founder Kim Il Sung and late leader Kim Jong Il at Mansudae Hill, in Pyongyang, North Korea, November 14, 2023. Russia and North Korea were conducting talks on the economy, science and technology, KCNA state media reported, without elaborating. North Korea's missile programme, as well as its nuclear weapons, have been banned by U.N. Security Council resolutions, which imposed sanctions on the country. Washington has accused North Korea of supplying military equipment to Russia for use in its war with Ukraine, and Moscow of providing technical military support to help North Korea. North Korea and Russia have denied any arms deals, though their leaders pledged closer military cooperation at their September summit.

Persons: Alexander Kozlov, North, Kim Il Sung, Kim Jong Il, Kozlov, Lloyd Austin, Vladimir Putin, Kim Jong Un, KCNA, Hyunsu Yim, Josh Smith, Grant McCool, Gerry Doyle Organizations: Russian, KCNA, REUTERS Acquire, Rights, . Defense, North, St, U.S, Korea's General Missile Bureau, Military, U.N ., Thomson Locations: Mansudae, Pyongyang, North Korea, Rights SEOUL, North Korean, Seoul, China, Russia, Russian, Russia's, Petersburg, Korea, South, Washington, Ukraine, Moscow

US Secretary of Defense Lloyd Austin attends a welcome ceremony before an annual security meeting with South Korean Defence Minister Shin Won-sik at the Defence Ministry in Seoul, South Korea on November 13, 2023. Washington has accused North Korea of supplying military equipment to Russia for use in its war with Ukraine, and Moscow of providing technical military support to help the North. "If the countries that backed North Korea during the Korean War ever try to help again, then those countries will also receive grave punishment from the international community along with North Korea." China and North Korea are parties to the armistice with the UNC. The defence chiefs also agreed to step up joint drills and cooperate with Japan to deter and better prepare for any North Korean attack.

Persons: Defense Lloyd Austin, South Korean Defence Minister Shin Won, sik, JUNG YEON, Lloyd Austin, Austin, We're, Shin Won, Shin, Jack Kim, Ed Davies, Gerry Doyle Organizations: Defense, South Korean Defence Minister, Defence Ministry, Rights, . Defense, . Command, UNC, Security, Democratic People's, DPRK, ., Defence, Korean, United Nations, Command, Soviet Union, U.N, U.S ., Thomson Locations: Seoul, South Korea, Rights SEOUL, China, Russia, North Korea, Pyongyang, People's Republic of China, North, Democratic People's Republic of Korea, Washington, Ukraine, Moscow, . North Korea, Russia's, North Korea's, Soviet, United States, Britain, Australia, Turkey, U.S, Austin, Japan

SEOUL, South Korea (AP) — The United States and South Korea on Monday updated a bilateral security agreement with the aim of more effectively countering North Korea’s evolving nuclear and missile threats. U.S. Defense Secretary Lloyd Austin was in Seoul for annual security talks with South Korean military officials, including Defense Minister Shin Won-sik, which were focused on boosting nuclear deterrence against North Korea. They agreed to start as planned a real-time information sharing arrangement on North Korean missile launches in December. They also agreed to set up multiyear plans in coming weeks to enhance their trilateral military exercises, South Korea’s Defense Ministry said. U.S. and South Korean officials have accused North Korea of providing munitions and military equipment to Russia to help boost its war in Ukraine.

Persons: Lloyd Austin, Shin Won, Austin, Shin, ” Austin, Yoon Suk, Minoru Kihara, Yoon, ”, Moon Jae, Kim Jong Un, Antony Blinken, Kim Organizations: Korean, U.S . Defense, South Korean, Defense, Austin, ROK, South, Japanese, Korea’s Defense Ministry, Shin, U.S, United Nations Command, Foreign Locations: SEOUL, South Korea, United States, Seoul, Japan, North Korea, Ukraine, Korean, Republic of Korea, U.S, South Korean, Washington, Hamas, Korea, Israel, Russia, South, Pyongyang, Moscow . U.S, Austin

JUNG YEON-JE/Pool via REUTERS Acquire Licensing RightsSEOUL, Nov 13 (Reuters) - U.S. Defense Secretary Lloyd Austin on Monday left open the possibility of more strikes against Iran-linked groups if attacks against American forces in Iraq and Syria don't stop, hours after overnight U.S. air strikes in Syria. "These attacks must stop, and if they don't stop, then we won't hesitate to do what's necessary, again, to protect the troops," Austin told reporters at a news conference in Seoul. Austin said the latest air strikes in eastern Syria targeted facilities used by Iran's Revolutionary Guard Corps and related groups. "These strikes are intended to disrupt and degrade the freedom of action of these groups, which are directly responsible for attacks against U.S. forces in Iraq and Syria," Austin said. It was still unclear whether anyone was killed in the latest U.S. strikes in Syria.

Persons: Defense Lloyd Austin, South Korean Defence Minister Shin Won, sik, JUNG YEON, Lloyd Austin, Albu Kamal, Austin, Phil Stewart, Ed Davies, Gerry Doyle Organizations: Defense, South Korean Defence Minister, Defence Ministry, REUTERS Acquire, Rights, . Defense, American, U.S, Iran's Revolutionary Guard Corps, United, Reuters, Thomson Locations: Seoul, South Korea, Rights SEOUL, Iran, Iraq, Syria, The U.S, Albu, Mayadeen, Israel, U.S, United States, State, East

☆ Lebanon front with Israel heats up, stoking fears of wider war
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +4 min

Israeli strikes killed two people in south Lebanon on Monday, according to a first-responder organisation affiliated to the Hezbollah-allied Amal Movement. Hezbollah has been trading fire with Israeli forces since its Palestinian ally Hamas went to war with Israel on Oct. 7. The exchanges mark the deadliest violence at the border since Israel and Hezbollah fought a month-long war in 2006. So far, more than 70 Hezbollah fighters and 10 civilians have been killed in Lebanon, and 10 people including seven troops have been killed in Israel. The 2006 war killed 1,200 people in Lebanon, mostly civilians, and 157 Israelis, mostly soldiers.

Persons: Israel, Hamas, Sayyed Hassan Nasrallah, Benjamin Netanyahu, Yoav Gallant, Nasrallah, Najib Mikati, Al, Lloyd Austin, Mohanad Hage Ali, Phil Stewart, Crispian Balmer, Dan Williams, Edmund Blair Organizations: Amal, Israel Electric Company, Hezbollah, United, Israeli, U.S . Defense, Carnegie Middle East Center, Thomson Locations: Israel, BEIRUT, JERUSALEM, Lebanese, Iran, Lebanon, Gaza, United States, Beirut, Al Jazeera, Israel's, Seoul, U.S, Jerusalem

☆ Largest Gaza Hospital 'Not Functioning' Amid Israeli Assault
▼ + stars: | 2023-11-12 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +6 min

By Nidal al-Mughrabi and Dan WilliamsGAZA/JERUSALEM (Reuters) - The largest hospital in Gaza has ceased to function and fatalities among patients are rising, the head of the World Health Organization (WHO) said on Sunday, as a blistering Israeli assault continues in the Hamas-controlled strip. "Tragically, the number of patient fatalities has increased significantly," he said in a post on X, formerly known as Twitter, adding that Shifa was "not functioning as a hospital anymore." The European Union condemned Hamas for using "hospitals and civilians as human shields" in Gaza, while also urging Israel to show "maximum restraint" to protect civilians. The Israeli military response has also prompted anger, with hundreds of thousands protesting in capitals around the world demanding a ceasefire. "Al Quds hospital has been cut off from the world in the last six to seven days.

Persons: Nidal, Dan Williams, Tedros Adhanom Ghebreyesus, Tedros, Israel, Josep Borrell, Jake Sullivan, we've, Sullivan, Biden, Joe Biden, Emir Sheikh Tamim bin Hamad Al, Ashraf Al, Shifa, Ahmed El Mokhallalati, Crescent, Tommaso Della Longa, Nidal al, Adam Makary, Ahmed Tolba, Sabine Siebold, Andrea Shalal, Simon Lewis, Diane Craft Organizations: World Health Organization, WHO, United Nations, European Union, Union, White, National, Israeli Defense Forces, CBS News, United, Reuters, Gaza's Health Ministry, Health Ministry, Palestinian, International Federation of Red, Red Crescent Societies Locations: Dan Williams GAZA, JERUSALEM, Gaza, Shifa, Israel, United States, Washington, U.S, Emir Sheikh Tamim bin Hamad Al Thani, Lebanon, Iran, Iraq, Syria, Al, Quds, Al Quds, Jerusalem

☆ Growing geopolitical conflicts have some investors feeling guilty about buying defense stocks
▼ + stars: | 2023-11-12 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

He went on to list the names and performances of defense-focused funds including the iShares U.S. Aerospace & Defense ETF (ITA) and the SPDR S&P Aerospace & Defense ETF (XAR) . As the latest geopolitical conflict escalates, these investors are ignoring defense stocks despite the market axiom that those holdings tend to perform better in times of war. Indeed, the iShares U.S. Aerospace & Defense ETF popped more than 4% in the week following Hamas' Oct. 7 attack and went on to finish October up about 3.7%. Ignoring market wisdomRetail traders poured into defense stocks and funds in the aftermath of the invasion, but inflows have since cooled, according to Vanda Research. But not everyone sees the intensifying conflict as a moment to invest in defense stocks.

Persons: Kenneth Suna, Suna, Vanda, Sow, Andrew Behar, it's, Behar, Hannah Beier, Jason Aiken Organizations: Raytheon, U.S . Aerospace & Defense ETF, P Aerospace & Defense ETF, D.C, CNBC, U.S . Aerospace & Defense, Vanda Research . Defense, Trust, Scranton Army, Plant, Getty, General, Funds Locations: Israel, U.S, Washington, Scranton, Scranton , Pennsylvania, Russia, Ukraine

Nov 12 (Reuters) - The United States carried out two air strikes in Syria against Iran and its aligned groups on Sunday, the Pentagon said, in the latest response to a series of attacks against American forces in Syria and in Iraq. "The President has no higher priority than the safety of U.S. personnel, and he directed today's action to make clear that the United States will defend itself, its personnel, and its interests," Austin said in a statement. Iran and its supporters say the United States shares responsibility for Israel's declared war against Palestinian militant group Hamas, which is also backed by Iran. U.S. and coalition troops have been attacked at least 40 times in Iraq and Syria by Iran-backed forces in recent weeks. The measures include increasing U.S. military patrols, restricting access to base facilities and boosting intelligence collection, including through drone and other surveillance operations, officials say.

Persons: Lloyd Austin, Albu Kamal, Joe Biden, Austin, Israel's, Phil Stewart, Soul, Suleiman Al, Lisa Shumaker, Sandra Maler Organizations: United, Pentagon, American, . Defense, Palestinian, Hamas, U.S, Reuters, Thomson Locations: United States, Syria, Iran, Iraq, Albu, Mayadeen, Deir al Zor, Israel, U.S, State, East, Amman

☆ Five US Service Members Killed in Aircraft Crash in Mediterranean -Defense Department
▼ + stars: | 2023-11-12 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +1 min

WASHINGTON (Reuters) -Five U.S. service members were killed on Friday when their aircraft crashed into the Mediterranean Sea during a refueling training mission, the U.S. Defense Department said on Sunday. Search and rescue operations involving nearby U.S. military aircraft and ships immediately followed the crash and an investigation into its cause is under way, U.S. European Command said in a statement. U.S. European Command, which handles American military operations in Europe and parts of the Middle East, reported the accident on Saturday. "We can definitively say that the aircraft sortie was purely related to training and there are no indications of hostile activity," it said. Identities of the victims will not be released until next of kin notifications are completed, the command said.

Persons: Joe Biden, Katharine Jackson, Andrea Shalal, Scott Malone, Grant McCool, Sandra Maler Organizations: WASHINGTON, U.S, U.S . Defense, U.S . European Command Locations: U.S, Israel, Europe

[1/6] A satellite image shows Al-Shifa hospital, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, in Gaza November 7, 2023. Israel says it is homing in on Palestinian Hamas militants who launched deadly attacks in southern Israel on Oct. 7, and says the group has command centers under and near the hospitals. "Tragically, the number of patient fatalities has increased significantly," he said in a post on X, formerly known as Twitter, adding that Shifa was "not functioning as a hospital anymore." The Israeli military response has also prompted anger, with hundreds of thousands protesting in capitals around the world demanding a ceasefire. "Al Quds hospital has been cut off from the world in the last six to seven days.

Persons: Tedros Adhanom Ghebreyesus, Tedros, Israel, Josep Borrell, Jake Sullivan, we've, Sullivan, Biden, Joe Biden, Emir Sheikh Tamim bin Hamad Al, Ashraf Al, Shifa, Ahmed El Mokhallalati, Crescent, Tommaso Della Longa, Nidal al, Dan Williams, Adam Makary, Ahmed Tolba, Sabine Siebold, Andrea Shalal, Simon Lewis, Diane Craft Organizations: Hamas, Maxar Technologies, REUTERS Acquire, World Health Organization, WHO, United Nations, European Union, Union, White, National, Israeli Defense Forces, CBS News, United, Reuters, Gaza's Health Ministry, Health Ministry, Palestinian, International Federation of Red, Red Crescent Societies, Thomson Locations: Israel, Palestinian, Gaza, GAZA, JERUSALEM, Shifa, United States, Washington, U.S, Emir Sheikh Tamim bin Hamad Al Thani, Lebanon, Iran, Iraq, Syria, Al, Quds, Al Quds, Jerusalem

☆ Goldman calls this options trading strategy 'systematically profitable'
▼ + stars: | 2023-11-10 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

There are several opportunities over the next month for investors to cash in on a long-standing trend by buying options, according to Goldman Sachs. "We find that call buying around analyst days has been a systematically profitable option buying strategy. The reason the strategy works is that there appears to be an upward bias to share price movement after analyst days that is not priced in to the options market, Goldman said. "Company managements take the opportunity of analyst days to review recent performance, layout strategic priorities, provide/update forward guidance, reveal long-term targets etc. Despite the significance of analyst days, we also observe that the options market tends to underprice volatility around analyst days," the note said.

Persons: Goldman Sachs, Sesha Phani, Goldman, Ingersoll Rand, — CNBC's Michael Bloom Organizations: Defense, L3Harris Technologies Locations: Roblox

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