Day: June 13, 2024
A bunch of analysts cut price targets on these 3 stocks this week. Here’s why
Analysts have slashed price targets on three stocks from around the world over the past week: Adobe , France’s Remy Cointreau , and Israeli software provider NICE . Remy Cointreau and NICE shares are also traded in the U.S. CNBC Pro screened for global stocks that have had price target cuts from five or more […]
Read More
‘I don’t like Apple’: Why one veteran portfolio manager is steering clear of the tech giant
Tech giant Apple has made headlines this week following its artificial intelligence announcements — but one market watcher is unimpressed. “I do not like Apple,” Paul Meeks, co-chief investment officer at Harvest Portfolio Management told CNBC’s “Street Signs Asia” on Tuesday — while acknowledging that many people disagree with him. The manufacturer of iPhones, MacBooks […]
Read More
Hong Kong wants residents to smile more but experts warn prices and competition are bigger issues for tourism
Guests posing for a group photo at the “Let’s Go the Extra Mile” hospitality campaign launch ceremony at the Central Government Office in Hong Kong on June 3, 2024. Nurphoto | Nurphoto | Getty Images Hong Kong is asking service workers to be more courteous and smile in a bid to win back tourists. But […]
Read More
Stock futures are little changed after S&P 500 posts fourth consecutive closing record: Live updates
NEW YORK, NEW YORK – JANUARY 22: Traders work on the floor of the New York Stock Exchange during afternoon trading on January 22, 2024 in New York City. The Dow Jones and S&P both hit all time highs with the Dow Jones closing over 38,000 points for the first time ever as stocks continue […]
Read More
Roaring Kitty’s GameStop stake grows to 9 million shares after selling his big options position
In this article GME Follow your favorite stocksCREATE FREE ACCOUNT Keith Gill, aka Roaring Kitty, hosting a YouTube livestream on June 7th, 2024. Source: Roaring Kitty | YouTube Meme stock champion Keith Gill, known as “Roaring Kitty” online, seemed to increase his ownership in GameStop‘s common stock and appears to be holding more than 9 […]
Read More
Beatrice Advisors launches to serve millennial and Gen Z investors from diverse backgrounds
Christina Lewis, founder of Beatrice Advisors, at her home office with a portrait of her father, Reginald Lewis. Cindy Johnson Christina Lewis had her first asset allocation meeting with her wealth manager when she was 13. “I remember the meeting well,” Lewis said. “It was a turbulent time for my family. And [the advisor] was […]
Read More
Tesla shareholders vote to reinstate Elon Musk’s $56 billion pay package
This illustration image created on June 12, 2024 in Los Angeles, shows South African businessman Elon Musk’s campaign launched on X ahead of Tesla shareholders meeting in front of his picture on a screen. Electric vehicle company Tesla kept up the campaign to win last-minute votes ahead of the June 13 shareholder meeting that will […]
Read More
Yellen: Much more Ukraine support can be backed by frozen Russian property after first $50 billion bank loan
U.S. Treasury Secretary Janet Yellen speaks to the Financial Club of New York in New York City, U.S., June 13, 2024. Brendan McDermid | Reuters U.S. Treasury Secretary Janet Yellen reported Thursday that the $50 billion bank loan to Ukraine that President Joe Biden and other leaders of Group of 7 hugely made nations have […]
Read More
OpenAI provides previous NSA chief to its board
Paul Nakasone, director normal of the Countrywide Security Agency, testifies through a hearing of the Senate Find Committee on Intelligence about throughout the world threats, on Capitol Hill in Washington, April 14, 2021. Saul Loeb | Pool | Reuters OpenAI on Thursday announced its latest board member: Paul M. Nakasone, a retired U.S. Military common […]
Read More
Adobe shares soar 15% on better-than-expected results
Shantanu Narayen, CEO of Adobe being interviewed by Jim Cramer Linda Dimyan | CNBC Adobe shares jumped 15% in extended trading on Thursday after the design software maker reported earnings and revenue that topped estimates. Here’s how the company did in comparison with LSEG consensus: Earnings per share: $4.48 adjusted, vs. $4.39 expected Revenue: $5.31 […]
Read More