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Mizuho says Tyson Foods has room to operate because consumers’ appetite for animal protein is increasing despite rising meat prices. The bank initiated coverage of Tyson with an outperform rating. He also set a price target of $72, implying a 17% upside from Wednesday’s closing price. “We believe TSN is poised to benefit from structural growth in protein demand,” analyst John Baumgartner said in a note to clients Thursday. “Despite record-high prices, U.S. meat demand is at a record high, and a food culture that is shifting in favor of nutritious foods and animal protein should survive in a world…
Metaplatform’s slump has been exacerbated by two social media court losses this week, which could present a buying opportunity. Meta shares fell more than 8% on Thursday after a Los Angeles jury late Wednesday found the company (and Google’s YouTube) negligent in a lawsuit brought by a woman who said she became addicted to the app as a child. A total of $6 million in damages was awarded, of which Meta was to pay 70%. On Tuesday, a jury in Santa Fe, New Mexico, found Meta liable for $375 million in civil damages for violating the state’s consumer protection law.…
Editor’s note: This story contains discussion of suicide, which some readers may find offensive. If you feel you are in crisis, contact the 24-hour Suicide Crisis Lifeline by calling or texting 988. Noelia Castillo’s story was defined by physical and emotional pain. This overwhelming pain led the young Spaniard to request euthanasia in 2024. On Thursday, at age 25, that request was fulfilled, bringing an end to her difficult life. “I just want to go away in peace and stop suffering,” Castillo said in an interview with Spanish news channel Antenna 3 a few days before his death. Her case…
Adam Levine He added that he was proud a little sweetness to his wedding. The “Sugar” singer recently reflected on dedicating her favorite song to stevie nicks I gave my wife the 1981 ballad “Leather and Lace” Behati Prinsloo in their 2014 Take an oath. “For me, this song is really a champion of the heavyweights in my life,” Adam said during the show. March 23rd episode of the voiceshortly after his contestants Drew Russell and Jared Shoemaker He performed this song during the show’s Battle of Championships. “At our wedding, I sang a Stevie Nicks song to my wife.…
Steelmaker Nucor is a safe bet amid the Iran war, according to UBS, and its recent selloff could present investors with a buying opportunity. The investment firm upgraded the stock from neutral to buy. The company also raised its price target to $190 from $184, implying a 15% upside from Wednesday’s closing price. “This decline presents a buying opportunity in a relatively isolated market,” analyst Andrew Jones said in a note to clients. “We believe U.S. steel producers are largely insulated from the Iranian conflict.” NUE YTD Mountain NUE Year to date The war has caused supply chain bottlenecks, particularly…
Two U.S. senators on Thursday delivered the latest salvo in an increasingly active front against data centers and their energy use. Sens. Josh Hawley and Elizabeth Warren sent a letter to the U.S. Energy Information Administration (EIA) asking it to collect details about energy use from data centers and how that use impacts the power grid. In a letter seen by TechCrunch, the senators asked the EIA to “establish mandatory annual reporting requirements for data centers and other large loads,” the senators wrote in the letter. “As electricity demand growth continues to accelerate after years of relative stagnation, the lack…
Apple is expanding its efforts to expand manufacturing in the United States with the addition of several new partners, including Qnity Electronics. This is a win-win for both club companies and their investors. Apple announced Thursday that chip materials maker Qnity, along with Face ID parts supplier Cirrus Logic and sensor manufacturers Bosch and TDK, have joined its U.S. manufacturing program to bring more of its supply chain to the U.S. mainland. The iPhone maker said it plans to spend $400 million through 2030 as part of these new programs. “At Apple, we believe in the power of American innovation…
After a bad fight with Carolyn, John checks into a hotel.When Carolyn is clearing the table after a dinner party that John has organized for “her friends,” the couple gets into a big fight when Carolyn objects to that description, insisting that they are “our friends.” The arguments include that John was lucky he didn’t introduce Carolyn to his mother, that “my mother would never have encouraged that,” and that Carolyn only spoke to her mother “to keep the peace.” Because, she added, “I think it’s painful to see how unhappy you make me.” It’s an all-out destructive exchange, with…
Wells Fargo is likely to continue to improve its position as it continues to emerge from the recently lifted total asset limit, Jefferies said. The investment bank initiated research coverage on Wells Fargo with a buy rating and set a price target of $100, suggesting an upside of about 25% from Wednesday’s closing price. Wells was named by Jefferies as the top of four money center or super regional banks that Jefferies initiated buy ratings on (the others being Bank of America, Citigroup, and PNC Financial). “WFC is our top choice as the removal of the regulatory asset cap in…
OpenAI has put the kibosh on yet another project, at least for the time being. On Thursday, the Financial Times reported that the AI company is suspending plans to develop an “erotic” mode for ChatGPT “indefinitely.” The idea of an “adult mode”, first proposed by CEO Sam Altman in October, generated considerable controversy from technology watchdog groups and OpenAI’s own staff. The Wall Street Journal previously reported that a heated meeting between company executives and its board of advisors in January led to one advisor warning that OpenAI may be developing a “sexy suicide coach.” Amid all the criticism, the…