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The Latest Breaking News from Bernstein

In a downgrade double-whammy, UBS AG and Bernstein both warned that generative A.I. represents a near-term threat to Google search ad revenue and its profit margins.

Fortune

Is Amazon.com (AMZN) a Good Buy for the Week?

Amazon.com (AMZN) is venturing out into new avenues with an aggressive expansion strategy. Would it be wise to invest in the e-commerce giant now? Let’s look at its financial metrics to know more….

StockNews.com

Amazon Web Services Playing Catch-Up In Generative AI

A Wall Street analyst on Thursday raised his price target on Amazon stock on improving prospects for AWS in generative AI.

Investors Business Daily

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Bud Light Is Set to Lose a Big Chunk of Its Business Permanently

But that doesn't mean the stock isn't attractive, according to Bernstein analysts.

The Street

PC market might return to normal this year analyst says noting Intel and AMD reports

The PC market has taken a dive in recent years, but it's looking like things could look "less ugly" by end of year.

Windows Central

Is the grocery industry broken?

In a world where we're forced to choose between monopolies, it becomes apparent that the grocery industry is broken

Salon

Here's How Tesla Aims To Cut Manufacturing Costs In Half

Tesla hopes to increase its production numbers even more than it has in the last few years, and ultimately reduce its manufacturing costs in the coming decade.

InsideEVs

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British Gas owner expected to reveal record profits of £3bn

Britain’s largest energy supplier only recently ended its much-criticised forced installation of prepayment meters

The Guardian - UK

Dow Jones Falls 200 Points With 8 Key Earnings Movers; Microsoft Earnings Due

The Dow Jones Industrial Average fell 180 points Tuesday as J&J and Verizon reported earnings. Microsoft earnings are due out after the stock market close.

Investors Business Daily

Tesla Sharply Lowers EV Prices In US: You Can Now Own A Model 3 For Little Under $36,500

Tesla Inc

Zenger

Hollywood school took 8 hours to find teen overdose victim in bathroom, mother's lawsuit alleges

LOS ANGELES — Melanie Ramos was missing for eight hours before she was found dead of suspected fentanyl poisoning in a Hollywood school bathroom this year, the 15-year-old's mother and her lawyers said Wednesday in announcing a lawsuit against the Los Angeles Unified School District.

Los Angeles Times

The week that could unravel the global oil market

As western countries prepare to impose a price cap on Russian crude, many of the industry’s norms are being undermined

Financial Times

Italian EV startup takes on US, Chinese rivals with design

A new fully electric vehicle startup in Italy is challenging U.S. and Chinese rivals with “Made in Italy" design

The Independent UK

Meta Platforms To $200? These Analysts Slash Price Targets On Meta Following Q3 Results

Meta Platforms, Inc. (NASDAQ: META) reported worse-than-expected Q3 EPS and issued Q4 revenue guidance with a midpoint below estimates. The company also guided FY23 expenses of $96 billion to $101 billion. Meta Platforms shares dropped 22.1% to $101.20 on Thursday.

Benzinga

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Benzinga

Alphabet To $145? These Analysts Cut Price Targets On Alphabet After Downbeat Q3 Results

Alphabet Inc. (NASDAQ: GOOGL) reported weaker-than-expected earnings results for its third quarter after the closing bell on Tuesday.

The Independent UK

Electric vehicles take center stage at pared-back Paris show

The Paris auto show is back

Bangkok Post

Meet the Army of Robots Coming to Fill In for Scarce Workers

A new wave of robots is arriving -- and, in a world short of workers, business leaders are more eager to welcome them than ever.

Los Angeles Times

Student suffers possible drug overdose Friday at Bernstein High School

LOS ANGELES — A 17-year-old student was hospitalized for a possible drug overdose at Helen Bernstein High School on Friday afternoon, according to the Los Angeles Police Department.

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Reuters

Analysis-Russian gas supply gap casts chill in Europe as winter nears

Europe needs to pay up to import liquefied natural gas, pray for a mild winter and cut energy demand as any sabotage of infrastructure or even deeper cuts to Russian supply would make power rationing or blackouts all but inevitable.

Tribune News Service

Grocery prices prompt 'trading down' to cheaper alternatives, more awareness of food waste

More grocery shoppers are turning to store brands and frozen food as inflation forces cost-cutting and a drive to reduce personal food waste, recent surveys show.

Los Angeles Times

After string of teen overdoses, LA schools will get overdose reversal drug naloxone

LOS ANGELES — Los Angeles public schools will stock campuses with the overdose reversal drug naloxone in the aftermath of a student's death at Bernstein High School, putting the nation's second-largest school system on the leading edge of a strategy increasingly favored by public health experts.

Los Angeles Times

‘One pill kills’: Student’s overdose death prompts urgent action among educators, police

LOS ANGELES — Melanie Ramos, a 15-year-old student who died of a drug overdose this week at Helen Bernstein High School in Hollywood, loved to travel, dreamed of one day joining the Army and was best friends with her sisters.

Los Angeles Times

‘I think we were failed’: Family mourns girl who died of possible fentanyl overdose at Hollywood school

LOS ANGELES — Melanie Ramos, a 15-year-old student at Helen Bernstein High School in Hollywood, loved to travel and dreamed of one day joining the Army.

The Independent UK

Police: Arrest after teen ODs and dies in school bathroom

Los Angeles police say they have arrested two teenage boys in connection with the death of a 15-year-old girl who overdosed in a restroom at her high school after buying pills possibly laced with fentanyl on campus

Benzinga

Bernstein Downgrades CSX, Union Pacific As Amtrak Cancels Trains And Railroad Strike Looms

U.S. railroad companies could be just days away from a major strike that could cost the U.S. economy more than $2 billion per day. Strike or no strike, one analyst said Wednesday that railroad stocks have limited upside from current levels in a challenging environment.

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