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May 5 (Reuters) - A federal judge in Idaho on Thursday dismissed the U.S. Federal Trade Commission's lawsuit against Kochava Inc alleging that the data broker unfairly sold geolocation data but gave the regulator an opportunity to revise its case. In a 35-page ruling, U.S. District Court Judge Lynn Winmill granted a motion the Idaho-based company filed in October by ruling the FTC complaint lacks sufficient allegations to state a claim. The FTC failed to allege Kochava's data sales created "significant risk" of concrete harm, order said, allowing the trade regulator 30 days to amend its arguments. The FTC sued Kochava in August for selling geolocation data from hundreds of millions of mobile devices that could be used to track consumers. The lawsuit sought to stop Kochava from selling sensitive geolocation data and require it to delete related information it has collected.

Companies Binance Holdings Ltd FollowMay 5 (Reuters) - The U.S. Justice Department is investigating whether Binance Holdings was illegally used to let Russians skirt U.S. sanctions and move money through the cryptocurrency exchange, Bloomberg News reported on Friday, citing people familiar with the matter. Regulators globally have long called for tighter controls on crypto exchanges including Binance, the world's largest, to prevent illegal activities - from money laundering to the financing of terrorism. The recent seizures by Israel's NBCTF also highlight how governments are targeting crypto companies in their efforts to prevent illegal activity. Binance and the DoJ did not immediately respond to Reuters' requests for comment. Reporting by Jose Joseph in Bengaluru; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

Law Firms Reed Smith LLP FollowWASHINGTON, May 5 (Reuters) - The U.S. Supreme Court on Friday halted the execution of Oklahoma death row inmate Richard Glossip, whose case has drawn support from the state's Republican attorney general after an investigation shed new light on evidence relating to the 1997 murder Glossip was convicted of commissioning. A separate independent investigation conducted last year by the law firm Reed Smith at the request of Oklahoma lawmakers also raised serious concerns about Glossip's case and conviction. The Oklahoma Court of Criminal Appeals on April 20 upheld Glossip's murder conviction, rebuffing Drummond's request. Sneed confessed to carrying out the killing and said Glossip, a manager at the motel, had hired him to do it. Glossip has pending petitions for appeal before the Supreme Court challenging his conviction on grounds including that prosecutors failed to hand over evidence about Sneed to Glossip's defense counsel.

☆ This is the best off-price retailer to own in this shaky economic environment
▼ + stars: | 2023-05-03 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

Analysts at a major Wall Street research firm see multi-year growth and share gains ahead for off-price retailers. Under this scenario, lower-income consumers will choose to spend their money at off-price retailers. The analysts like Ross Stores (ROST) best, and called Burlington Stores (BURL) high-risk, high-reward, with a multi-year turnaround story. Bank of America, in a note this week, emphasized that the off-price retailers, including TJX, will be eager to take over the additional closed Bed Bath & Beyond locations. Bottom line We're encouraged to hear from Bernstein that lower-income consumers might be ready to spend more at off-price retailers, leading the analysts to say they would view "Q1 off-price weakness as an entry point" into the stocks.

☆ Arm IPO will make it easier for Softbank to dispose of its assets, says analyst
▼ + stars: | 2023-05-02 | 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 EmailArm IPO will make it easier for Softbank to dispose of its assets, says analystRolf Bulk of New Street Research says Softbank can use part of the proceeds from Arm's initial public offering to finance a new buyback.

☆ Here are the top 10 Wall Street research firms of the past decade, according to TipRanks
▼ + stars: | 2023-04-30 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +4 min

Henry Nicholls | ReutersAfter identifying the 10 best analysts on Wall Street of the past decade, here is a list of the 10 top research firms. To create this list, TipRanks analyzed every stock recommendation made by investment research firms in the past decade. This explains why some research firms may have a higher success rate and average return yet rank lower. TipRanks has leveraged its Experts Center tool to identify the top 10 research firms. Top 10 Wall Street Research FirmsThe image below shows the most successful Wall Street research firms in descending order.

☆ Goldman Sachs and Morgan Stanley say these chip stocks have more upside — giving one nearly 50%
▼ + stars: | 2023-04-28 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

CNBC Pro trawled through Wall Street research to look for semiconductor stocks that Goldman Sachs and Morgan Stanley expect will grow in value. Morgan Stanley In an April 24 note, Morgan Stanley said it expects a "headwind for most broad based companies" toward the second half of the year. Wolfspeed : Morgan Stanley said execution "will be key" as the company creates new manufacturing capacity. ON Semiconductor : Morgan Stanley said the company could have an earnings stream that is "likely more recession proof than the higher end analog names." Goldman Sachs Goldman named two buy-rated semiconductor stocks in an April 23 report: KLA Corporation and Impinj .

☆ Top strategist says every investor needs some hyper-growth exposure and these A.I. stocks could do the trick
▼ + stars: | 2023-04-25 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Investors searching for hyper-growth exposure should turn to artificial intelligence-focused stocks, according to Adam Parker, founder and CEO of Trivariate Research. "This could have a massive implication on humankind and the stock market," he wrote. The year-to-date performance of the basket has been stronger than the growth universe excluding AI, Parker noted. Here are the top 10 names with the most AI references. Meanwhile, Alphabet unveiled its AI chatbot, Bard, at an event the day after Microsoft touted its AI technologies, earlier this year.

☆ Mark Zuckerberg has become so obsessed with AI that one Wall Street research firm is jesting that Facebook will change its name to MetAI
▼ + stars: | 2023-04-24 | by ( Alistair Barr | ) www.businessinsider.com time to read: +3 min

18 months ago, Zuckerberg bet the future of Facebook on the metaverse, and even changed the company's name. Some analysts are now concerned about Meta spending too much on AI, Zuckerberg's latest obsession. Just 18 months ago, Mark Zuckerberg bet the future of Facebook on the metaverse, and even changed the company's name to Meta. Investors and analysts only just recovered from the company's metaverse spending splurge. Meta reports quarterly results April 26, and Wall Street will be watching the company's spending and investment plans closely.

However the 5th Circuit rules, the case will likely continue for months or years. HOW DID THE CASE GET TO THE 5TH CIRCUIT? WHAT COULD THE 5TH CIRCUIT DO? No matter what the court does, the losing party will have a chance to appeal to the full 5th Circuit and then to the U.S. Supreme Court. Once it does come, the losing side will again have the chance to appeal to the 5th Circuit and, eventually, the Supreme Court.

☆ Instant View: Some Fed officials hesitated before hiking -March minutes
▼ + stars: | 2023-04-12 | by ( ) www.reuters.com time to read: +3 min

And I don’t think they are going to be any rate cuts (this year), I don’t care what fed funds futures say. It’s going to have bad, like really bad, for them to cut. I’m not swayed by the latest FOMC minutes at all.”SAM BURNS, CHIEF STRATEGIST, MILL STREET RESEARCH, SHERBORN, MASSACHUSETTS"The minutes sound a little bit more on the dovish side. "The headline inflation rate is below the core rate which it hasn't been for a long time. It's probably going to be range-bound trading for a little longer until we get some major news."

☆ Cramer: I think Wall Street research has its blind spots
▼ + stars: | 2023-04-04 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Mad Money host Jim Cramer weighs in on Piper Sandler's Teen survey. Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email

☆ In times of crisis these stocks are a 'core holding,' analysts say
▼ + stars: | 2023-04-01 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

They include: Costco, Estee Lauder, Pacific Premier Bancorp, ON Holding and Phillips 66. Still, with Pacific Premier shares down 23% this year, Tenner said investors should take advantage of the buying opportunity. "Pacific Premier is, in our view, a long-term core holding for institutional investors," Tenner said. ... .We still view PSX as a long-term core holding in energy. PPBI is, in our view, a long-term core holding for institutional investors.

☆ Nvidia's stock has climbed as Wall Street bets on A.I. Why investors say its promise is worth the premium
▼ + stars: | 2023-03-30 | by ( Samantha Subin | ) www.cnbc.com time to read: +7 min

NVDA YTD mountain Nvidia shares so far this year Nvidia's stock' is trading at a forward price-to-earnings ratio of roughly 58 times. The focus on Nvidia's capabilities in this area have only grown since it unveiled new AI technologies at its GTC conference. On the heels of the conference, Goldman Sachs called the chipmaker a "key AI enabler," while Bank of America said Nvidia's AI dominance could "reshape the existing tech industry." That's in part because along with the hardware and software, Nvidia offers the engineers and relationships with both end-users and research organizations, which could stunt competitor plans from the get-go, Freund explained . Because so many engineers are already using Nvidia's software, some companies may face resistance if attempting to transition to a new language, explained Pieran Maru, an investment analyst at global asset management firm GAM Investments.

☆ Here's how to spot a good growth stock, according to one fund manager
▼ + stars: | 2023-03-27 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Growth stocks have been enjoying a rebound after a miserable 2022. And the tech sector in particular — a favorite among investors seeking exposure to growth stocks — has been a bright spot amid the banking turmoil. "As a growth manager … one of the things we're trying to think about is, how do you identify good growth businesses?" He said one of the biggest risks of growth investing is paying too much today for future growth. Future growth is very difficult to predict, he said, adding that historical growth isn't particularly indicative of future growth.

☆ These stocks are table-pounding buys as bank fears linger, analysts say
▼ + stars: | 2023-03-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Wall Street analysts unveiled a slew of must-own stocks this week even as bank and macroeconomic worries permeate the market. While some investors might be distracted by the ongoing financial turmoil, analysts say there are plenty of quality buying opportunities. They include: TrueCar, Apple, Progressive, Academy Sports and Prosperity Bancshares. Apple Morgan Stanley is doubling down on Apple shares. Apple shares are up almost 20% since the start of the year.

☆ Match Group CEO spent $50,000 on 'Clash of Clans' in 3 months: 'I still look back at that with lots of shame'
▼ + stars: | 2023-03-16 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

CEO of Match Group Bernard Kim spent $50,000 on the mobile gaming app Clash of Clans. Speaking at a dating summit, Kim said the rewards of mobile gaming don't compare to those of of online dating. Kim was previously steeped in the mobile gaming industry as the president of mobile gaming group Zynga, known for creating Words With Friends. Like mobile games, many dating apps — including those in Match's portfolio — offer in-app purchases, including a new $50-per-month Hinge subscription. "I've personally spent $50,000 in three months in 'Clash of Clans,' and I still look back at that with lots of shame," he added.

☆ Wall Street analysts say these A.I. beneficiaries have major upside, including this cancer detection company
▼ + stars: | 2023-03-11 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Wall Street analysts named several stocks this week they see as major beneficiaries of the recent artificial intelligence boom. They include Adobe, Marvell, RadNet, Cisco, TSM and Broadcom. RadNet The outpatient radiology diagnostic center company was recently upgraded to outperform from market perform by Raymond James analyst John Ransom. "With strong structural tailwinds, MSD-HSD EBITDA growth should be achievable in the near to intermediate-term, with an enticing opportunity in the AI segment," Ransom said. ... With strong structural tailwinds, MSD-HSD EBITDA growth should be achievable in the near to intermediate-term, with an enticing opportunity in the AI segment.

☆ How SVB employees are coping after being ordered to leave the office, from polishing their resumes to hitting the bar: 'We're pretty much in the dark'
▼ + stars: | 2023-03-10 | by ( Emmalyse Brownstein | Rebecca Ungarino | Carter Johnson | ) www.businessinsider.com time to read: +6 min

It read: "Operations of the SVB Securities broker dealer are distinct from the receivership of SVB Financial." The SVB Securities employee called the whirlwind leading up to SVB's meltdown as "scary, scary stuff." Kevin Heal, senior analyst at Argus Research, said he sees both SVB Securities and SVB Private being sold. SVB bought the healthcare investment bank Leerink Partners in 2018, renaming it SVB Leerink and then SVB Securities. PATRICK T. FALLON/AFP via Getty ImagesHeal thinks the investment banking operations could be purchased by a smaller investment banking firm that doesn't have tech or healthcare prowess, like US Bancorp or PNC.

☆ Analysts downgrade SVB Financial as uncertainty around tech-focused bank looms
▼ + stars: | 2023-03-10 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

Several Wall Street research firms downgraded SVB Financial after shares of the tech-focused bank plunged more than 60% during the previous trading session. King also lowered his price target to $100 from $174, which implies a 6% decline from Thursday's close price. The analyst expressed concern that the proposed capital raise would potentially be followed by more in the future. Long also removed his price target, which was previously $375. It had previously issued an outperform rating and price target of $360 per share.

☆ Stock futures are flat as Wall Street weighs likelihood of higher rate hikes: Live updates
▼ + stars: | 2023-03-08 | by ( Hakyung Kim | ) www.cnbc.com time to read: +1 min

U.S. stock futures were flat on Wednesday night as traders processed fresh job market data and comments from Federal Reserve Chairman Jerome Powell. S&P 500 futures and Nasdaq 100 futures dipped by 0.01% and 0.03%, respectively. During the regular session, the Dow dipped 58.06 points, or 0.18%, marking its second negative session in a row. These mixed results came after new numbers on the job market led investors to believe that higher rate hikes are more likely. "The global economy is more resilient than many realized, which will make inflation stickier and is extending central bankers' terminal rate target.

☆ US stocks trade mixed as investors assess outlook for rates after Powell testimony
▼ + stars: | 2023-03-08 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

The Fed Chair warned steeper rate hikes may be needed due to strong economic data. Higher interest rates could also raise the risk of recession, which is weighing on investors. "The labour market remains extremely tight despite 450 basis points of rate hikes in the last year," Lazard chief market strategist Ronald Temple said in a statement. Higher interest rates are also raising investors' fear of an incoming recession. This combination of a weakening economy and more rate hikes would surely push the economy into a recession," Main Street Research chief investment officer James Demmert said.

☆ There’s hope beyond moaning for European telcos
▼ + stars: | 2023-03-03 | by ( Pierre Briancon | ) www.reuters.com time to read: +6 min

The annual Barcelona tech fest this week was in line with tradition, but a different mood music could also be heard beyond the bleatings of European telco executives. The good news for them is that European competition authorities seem to have been mollified by the constant pleading, and could take a softer approach to consolidation in the industry. Höttges compared the 55 billion euros invested by European telcos on infrastructure last year to the 1 billion euros invested in connectivity by those he calls the “hyperscalers”. The hope is now that, considering the European telcos’ low return on investment, European competition authorities will review their strict stance on consolidation in the sector. But European telcos also have means to address some of the problems they are facing without giving the impression that everything depends on forces beyond their control.

☆ Two top Tesla watchers debate the bull vs. bear cases for the stock
▼ + stars: | 2023-03-02 | 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 EmailTwo top Tesla watchers debate the bull vs. bear cases for the stockGLJ Research's Gordon Johnson and New Street Research's Pierre Ferragu give their takes on Tesla following the company's annual investor day.

☆ Tesla's plan to slash silicon carbide use sends some chipmakers' shares down
▼ + stars: | 2023-03-02 | by ( Lora Kolodny | ) www.cnbc.com time to read: +4 min

Shares in some chipmakers dipped on Thursday after electric vehicle maker Tesla said it plans to greatly reduce the use of silicon carbide transistors in its next-generation vehicle powertrains. Campbell revealed that, "In our next powertrain, the silicon carbide transistors that I mentioned, that are key component[s] but expensive, we figured out a way to use 75% less without compromising the performance or the efficiency of the car." Chips made with silicon carbide transistors are widely used in electric vehicles. They added the possibility that "cheaper [silicon carbide chips] could drive up EV adoption globally so what vendors lose on content could be partially offset by greater EV volumes." New Street does not expect a lower-priced, next generation Tesla vehicle to "ramp in volumes before 2025 or 2026."

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