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18. NVS:$NVS downgraded to Neutral from Overweight at JPMorgan.

 

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1. SAVE:$SAVE downgraded to market perfrom vs outperform at Cowen. Raises PT $58 from $53

 

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1. NVIDIA (NVDA) PT Raised to $120 at Citi on Auto Opportunity; Sees Sell-Off as ‘Healthy’

Citi analyst Atif Malik reiterated a Buy rating and raised his price target on NVIDIA (NASDAQ: NVDA) to $120, citing the auto opportunity. The views the recent sell-off as…

2. HSBC raises world economic growth, inflation forecasts, dubs moves ‘rare treat’

Economists at HSBC on Wednesday raised their forecast for global growth and inflation over the next two years based on robust manufacturing activity, a resilient China and above all the fiscal boost expected to come in the United States.

3. Alibaba, in new tack, sues two vendors who it says sold fake watches

China’s Alibaba Group Holding Ltd has sued two vendors it says sold fake Swarovski watches on its Taobao e-commerce platform, its first legal action against counterfeiters amid persistent allegations that fake goods are widely available on its sites.

4. Sharp’s Planned U.S. TV Revival Blurred by Chinese Rival

Leading iPhone assembler Foxconn wants to use Japan’s Sharp to build its own global electronics brand. There is one major snag: In the U.S., the right to sell Sharp-brand televisions belongs to a Chinese company

5. A Hard Brexit Looms Large With Resignation of U.K. Envoy to EU

The chances that the U.K. will make a disruptive break from its biggest market have grown with the resignation of the British envoy to the European Union, an experienced Brussels insider who was reviled by leading Brexit supporters.

6. Exxon Mobil Cashes Out Ex-CEO Tillerson Ahead of Confirmation Hearings

Exxon Mobil has awarded former Chief Executive Rex Tillerson a $180 million retirement package as the company moves to break financial ties with President-elect Donald Trump’s nominee for secretary of state.

Technology News

    The AI will scan hospital records and other documents to determine insurance payouts according to a company press release factoring injuries patient medical histories and procedures administered.
    An Israeli insurance startup Lemonade has raised million on the idea of brokers and paperwork with bots and machine learning says CEO Daniel Schreiber.
    Artificial intelligence systems like are poised to upend professions like insurance and financial services according to the Harvard Business Review due to the fact that many jobs can be of work that can be codified into standard steps and of decisions based on cleanly formatted But whether that means augmenting ability to be productive or replacing them entirely remains to be seen.
    In this most intimate of spaces Aristotle is designed to be something far more specific than the generic voice assistants of today a nanny friend and tutor intended to both soothe a newborn and help a tween with their foreign language homework.
    But with partners like Qualcomm which makes key chips inside most smartphones and Microsoft which provides both Bing search intelligence and Cortana AI smarts Aristotle is a lot more capable than the baby monitors of today.
    And even with this UI logic in place all of these capabilities only put more pressure on Mattel to build out a greater digital experience behind its analog toys which would require untold levels of new investment on part.
    But for the the latest and greatest should perform better than what came Lake desktop chips are a disappointment a stopgap solution that does little more than give OEMs something new to stick on a label in a product stack.
    Compared to the Skylake processor that preceded it the gains a small bump in base and boost clocks to and respectively as well as the deceptively named Intel HD Graphics.
    The spectacularly gamer ASUS ROG Maximus IX Code for instance as used to benchmark the for this review features an extra pair of USB ports one one on the rear via an additional Asmedia controller.
    This device is billed as an detachable that features the new Active Pen now with levels of pressure sensitivity a x resolution display a Windows IR camera a Thunderbolt port and an improved battery life.
    Lenovo debuted the Thinkpad Carbon which will now be available in black and a new silver color and includes a Thunderbolt port an IR camera and fingerprint sensor that support Windows Hello biometrics and an improved hour battery life.
    The Thinkpad Yoga gets some display enhancements with a OLED panel Intel Iris graphics a new keyboard design that lets it lie completely flat in tablet mode and a new Pro Pen that has a soft elastomer tip for a more natural writing feel.
    At the CES show in Las Vegas ODG unveiled the and two models of reality smart glasses aimed at a wider range of consumers and light business users or for the masses as founder and CEO Ralph Osterhout describes it.
    But the two models are also notable for another reason the launch of the and glasses signals ODG kicking off its first attempt at forging a new content ecosystem for its eyewear a key component in getting people interested in buying the gadgets in the first place.
    Qualcomm Snapdragon Bluetooth WIFI GPS GNSS with iZAT Embedded DoF tracking High speed IMU Dual microphones Integrated directional speakers Recticle OS on Android Nougat.
    But for the the latest and greatest should perform better than what came Lake desktop chips are a disappointment a stopgap solution that does little more than give OEMs something new to stick on a label in a product stack.
    Compared to the Skylake processor that preceded it the gains a small bump in base and boost clocks to and respectively as well as the deceptively named Intel HD Graphics.
    The spectacularly gamer ASUS ROG Maximus IX Code for instance as used to benchmark the for this review features an extra pair of USB ports one one on the rear via an additional Asmedia controller.
    In this most intimate of spaces Aristotle is designed to be something far more specific than the generic voice assistants of today a nanny friend and tutor intended to both soothe a newborn and help a tween with their foreign language homework.
    But with partners like Qualcomm which makes key chips inside most smartphones and Microsoft which provides both Bing search intelligence and Cortana AI smarts Aristotle is a lot more capable than the baby monitors of today.
    And even with this UI logic in place all of these capabilities only put more pressure on Mattel to build out a greater digital experience behind its analog toys which would require untold levels of new investment on part.
    But for the the latest and greatest should perform better than what came Lake desktop chips are a disappointment a stopgap solution that does little more than give OEMs something new to stick on a label in a product stack.
    Compared to the Skylake processor that preceded it the gains a small bump in base and boost clocks to and respectively as well as the deceptively named Intel HD Graphics.
    The spectacularly gamer ASUS ROG Maximus IX Code for instance as used to benchmark the for this review features an extra pair of USB ports one one on the rear via an additional Asmedia controller.
    Tuesday rollout of Kaby Lake CPU for desktops has met a dubious fanfare of leaked reviews that dismiss the new chip as one huge Core i Yawn.
    On the desktop side however power users care about integrated graphics focusing more on the lackluster be fair Intel set the expectation in August that Kaby Lake was basically Skylake on an improved process that squeezes out more megahertz.
    Turbo Boost Max lets the CPU greatly increase the clock speed on a single core bringing performance a lot closer to the.
    As PC shipments head for their fifth straight annual decline Intel is finding it harder to offset that slump by leaning on booming demand for server chips and gains against weaker rival Advanced Micro Devices After bringing in new executives and shaking up his management team percent workforce reduction underscores his effort to decouple future from the PC market and accelerate a push into new markets such as chips for automotive industrial and retail applications.
    Adding to recent shuffles among leadership Stacy Smith who has been chief financial officer since will move to a new role as head of manufacturing and sales the company said Tuesday in a statement.
    The job cuts announced Tuesday will be biggest layoffs since it reduced staffing between and when the company was responding to the global financial crisis and competition that wiped out growth.

 

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