A cargo ship sits outside of the Port of Elizabeth marine terminal seen from Bayonne, New Jersey, U.S., April 9 2025. Shannon Stapleton | ReutersCountries at the U.N. shipping agency struck a deal on Friday on a global fuel emissions standard for the maritime sector, which will impose an emissions fee on ships that breach it and reward vessels burning cleaner fuels.The U.S. pulled out of the climate talks at the International Maritime Organization in London this week, urging other countries to do the same and threatening to impose “reciprocal measures” against any fees charged to U.S. ships. Despite that, other…
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Wall Street analysts are growing increasingly bearish on Tesla as a new world order for automobiles materializes due to escalating trade tensions. Analysts from three Wall Street banks — Goldman Sachs, UBS and Mizuho — cut their price targets for Tesla: UBS: to $190 from $225, implying roughly 30% downside Goldman Sachs: $260 from $275, pointing to a 4% slide from Wednesday’s close Mizuho: $375 from $430, still signaling upside of around 38% “While lower estimates for 2025 are now more broadly expected, we believe the whole trajectory of earnings for TSLA remains too high and could face negative revisions…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyJared Holz, Mizuho, joins ‘Fast Money’ to talk a rebound in biotech stocks and what new tariffs mean for the pharmaceuticals space.04:033 hours ago Source link
Sam Altman, left, and Elon Musk.Muhammed Selim Korkutata | Anadolu | Getty ImagesA group of 12 ex-OpenAI staffers, in support of Elon Musk’s lawsuit against the artificial intelligence startup, asked a court’s permission on Friday to share their concerns about the company’s transformation into a for-profit entity. The individuals collectively worked at OpenAI between 2018 and 2024, which covers “the organization’s formative years through its more recent development,” the request said. The brief was filed with a district court in California by Lawrence Lessig, who is representing the group. The purpose of the request is to support Musk’s arguments in…
Peter Thiel, co-founder of PayPal, Palantir Technologies, and Founders Fund, holds hundred dollar bills as he speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida.Marco Bello | Getty ImagesFounders Fund, the venture capital firm run by billionaire Peter Thiel, has closed a $4.6 billion late-stage venture fund, according to a Friday filing with the Securities and Exchange Commission.The fund, Founders Fund Growth III, includes capital from 270 investors, the filing said. Thiel, Napoleon Ta and Trae Stephens are the three people named as directors. A substantial amount of the capital was…
In the end, the news that Mohamed Salah will remain at Liverpool was delivered with a humorous tagline.“More in than out,” read the message across the club’s social media pages at 8am on Friday, around 36 hours after reports in the forward’s homeland of Egypt first suggested he had agreed to extend his eight-year stay at Anfield.It was a play on words, nodding to Salah’s comments in November when his future on Merseyside felt far more tenuous. The fact that he felt “more out than in” after scoring two crucial goals in a 3-2 come-from-behind win at Southampton that day…
The Trump administration will end temporary protections for more than 10,000 people from Afghanistan and Cameroon, putting them on track for deportation in May and June, Department of Homeland Security officials said on Friday.Many of the Afghans affected by the decision had been allowed into the United States after the disastrous U.S. withdrawal from their country in 2021. Now, the Trump administration could send them back to a country under Taliban rule.The Afghans and Cameroonians had been living in the United States legally under Temporary Protected Status, which is meant to shield migrants from being returned to countries facing conflict…
Morgan Stanley is sticking by Nvidia during the stock’s rocky ride, saying demand for the company’s products should help the artificial intelligence darling outperform and push past tariff concerns. Analyst Joseph Moore reiterated Nvidia as a top semiconductor pick and kept his overweight rating and $162 price target. That target implies shares can gain roughly 41.7% from Wednesday’s close. The stock jumped 18.7% in the previous session during a historic market rally after President Donald Trump announced a 90-day halt on some levies. “Our view is that the microeconomic impacts for NVIDIA are fairly minimal, particularly because near term demand…
Tickets on sale for June 5 ‘Fast Money’ live event Source link
CNBC’s Jim Cramer on Friday told investors which market-moving events to follow next week, pinpointing earnings reports from major banks like Goldman Sachs, as well as Johnson & Johnson and Netflix.He reviewed again the past week’s turbulence spurred by unpredictable tariff policies and messaging from the White House, adding that any more statements from President Donald Trump this weekend could affect trading.”This tape has it all, doesn’t it, as the White House throws so much at you at all hours of the day,” he said. “We have press conferences, Truth Social posts, off-handed statements that move trillions of dollars.”Monday brings…
