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Trump picks Democrat to lead energy regulatory commission
Trump picks Democrat to lead energy regulatory commission

The Hill

time14 hours ago

  • Politics
  • The Hill

Trump picks Democrat to lead energy regulatory commission

President Trump has selected a Democrat to chair the Federal Energy Regulatory Commission (FERC) – a surprising move that passes over the panel's one Republican member. Trump selected David Rosner, who was nominated to the commission by President Biden as its leader. Rosner is a former aide to then-Sen. Joe Manchin ( who led the Senate's Energy and Natural Resources Committee. 'I am honored to serve as Chairman and excited to continue working with my colleagues on the Commission and FERC's extraordinary staff to enable reliable, affordable, and abundant energy for all Americans,' Rosner said. FERC is an agency that regulates cross-state energy pipelines and power lines as well as gas export terminals. The commission is made up of five commissioners who are appointed by presidents but do not necessarily answer to a particular administration – though the president can select who chairs it. The chair of FERC is in charge of its administrative operations and sets its agenda, deciding what matters get votes. The panel has two Democratic members, Rosner and Judy Chang, and one Republican member, Lindsay See.

TSLA vs. AAPL vs. MSFT: Which Magnificent 7 Stock Is Wall Street's Best Pick?
TSLA vs. AAPL vs. MSFT: Which Magnificent 7 Stock Is Wall Street's Best Pick?

Business Insider

time2 days ago

  • Automotive
  • Business Insider

TSLA vs. AAPL vs. MSFT: Which Magnificent 7 Stock Is Wall Street's Best Pick?

The Magnificent 7 stocks: Alphabet (GOOGL), Amazon (AMZN), Apple (AAPL), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA), and Tesla (TSLA) are prominent tech companies that are known for their market dominance, innovation, and influence on the NASDAQ and S&P 500 (SPX) indices. Using TipRanks' Stock Comparison Tool, we placed three of the Magnificent 7 stocks – Tesla, Apple, and Microsoft against each other to pick the best stock, according to Wall Street analysts. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Tesla (NASDAQ:TSLA) Stock Shares of electric vehicle (EV) Tesla have advanced about 10% over the past month, but are still down about 16% year-to-date. Tesla bulls are confident about the company's ability to navigate short-term challenges and capture opportunities in the full self-driving (FSD), robotaxi, and robotics areas. However, some analysts are concerned about persistent weakness in Tesla's deliveries due to intense competition and macro woes, disappointing financials, backlash associated with Musk's political activities, and loss of EV credits. Overall, Tesla needs to revive its core auto business and win back investors' confidence by improving its financials and capturing opportunities in growth areas like robotaxis. What Is the Price Target for Tesla Stock? Recently, Wolfe Research analyst Emmanuel Rosner reiterated a Hold rating on Tesla stock. Rosner noted TSLA stock's underperformance compared to the broader market on a year-to-date basis. The analyst believes that near-term, Street estimates still appear high, especially for 2025 and 2026. He expects Tesla's free cash flow to remain under pressure, with strong growth in the company's 'burgeoning Energy business a key swing factor.' However, Rosner thinks that Tesla trades more around the narrative than the numbers, and net-net, he 'tactically' expects an improving narrative from here. He noted that Tesla has several catalysts coming, including FSD and robotaxi, as well as an expansion of the company's autonomous vehicle (AV) service into several new U.S. markets, such as San Francisco, Nevada, and Arizona. Rosner also noted Tesla's other growth initiatives, including the launch of supervised FSD in China and Europe over the next 12 months and the expansion of Optimus production in 2026. Overall, Wall Street has a Hold consensus rating on Tesla stock based on 14 Buys, 15 Holds, and eight Sell recommendations. The average TSLA stock price target of $307.23 indicates a possible downside of 9.4% from current levels. Apple (NASDAQ:AAPL) Stock iPhone maker Apple recently reported better-than-expected results for the third quarter of Fiscal 2025 (June quarter). Notably, iPhone sales jumped 13% and Apple's overall revenue rose 10%, marking the company's largest quarterly top-line growth since December 2021. The tech giant expects its overall revenue growth in the September quarter to be in the mid- to high-single-digit range, with services expected to increase at a similar rate to Q3 FY25's 13% year-over-year growth. Apple stock has risen about 12% over the past five trading sessions, as investors cheered CEO Tim Cook's recent meeting with President Donald Trump to announce the company's plans to invest $100 billion in America over the next four years. This brings Apple's total commitment to $600 billion. The move pleased President Trump, who announced that Apple would be exempt from future tariffs that could double the price of imported chips. However, AAPL stock is still down 9.3% year-to-date, as investors are concerned about the company falling behind in the AI race and intense competition in the smartphone market. Is Apple a Buy, Sell, or Hold? Following the announcement of Apple's increased investment in the U.S., Bank of America Securities analyst Wamsi Mohan increased the price target for AAPL stock to $250 from $240 and reaffirmed a Buy rating. The 5-star analyst stated that Apple's increased investments in the U.S. could result in several of its products being exempted from tariffs. Furthermore, Mohan believes there is the potential for Apple to gain smartphone market share in the U.S. if competitors are subjected to tariffs while iPhones remain exempt. He expects Apple's gross margin to gain from potential tariff relief, with the December quarter gross margin expected to benefit from forex-related tailwinds as well. Mohan stated that he now has increased confidence in Apple's EPS to be more than $8 in calendar year 2026. Mohan assigned a higher multiple to Apple stock to reflect increased optimism about the company's profitability from supply chain investments. He remains bullish on AAPL stock due to stable cash flows, earnings resiliency, and a solid capital returns program. Wall Street has a Moderate Buy consensus rating on Apple stock based on 16 Buys, 12 Holds, and one Sell recommendation. The average AAPL stock price target of $235.14 indicates 3.5% upside potential. Microsoft (NASDAQ:MSFT) Stock Microsoft stock has risen about 24% year-to-date, as investors are upbeat about the company's growth potential and AI-led growth in the Azure cloud business. The company's significant investments are helping to capture the robust demand for AI infrastructure. Notably, Microsoft recently reported impressive results for the fourth quarter of Fiscal 2025, thanks to demand for cloud services and AI strength. Notably, revenue from Microsoft Azure and other cloud services grew 39% (at constant currency). In fact, Azure revenue rose 34% to surpass $75 billion in the full year. Looking ahead, the company is poised to gain from the generative AI boom. Is Microsoft a Buy, Hold, or Sell? Impressed by the Q4 print, Cantor Fitzgerald analyst Thomas Blakey increased the price target for Microsoft stock to $639 from $581 and reiterated a Buy rating. The 4-star analyst noted that the fiscal fourth quarter witnessed demand acceleration. Blakey highlighted that demand continued to outstrip supply for cloud services, with the equilibrium once expected for the end of Fiscal 2025 pushed out to the end of calendar 2026. He added that Azure's solid performance was driven by Microsoft's largest customers' core infrastructure business as new cloud and AI workloads are built and scale across services. He pointed out Microsoft's commentary about migrations remaining strong as customers increased modernization efforts, likely related to AI. With 34 Buys versus one Hold recommendation, Microsoft scores a Strong Buy consensus rating on TipRanks. The average MSFT stock price target of $623.34 indicates 19.5% upside potential from current levels. Conclusion Wall Street is highly bullish on Microsoft stock, cautiously optimistic on Apple stock, and sidelined on Tesla stock. Analysts see higher upside potential in MSFT stock than in the other two Magnificent 7 stocks discussed here. Wall Street is optimistic about Microsoft due to its diversified business model and robust demand for cloud computing and AI tools. Microsoft is well-positioned to deliver solid growth and impressive margins.

S.F. Opera's first Pride concert fills the house with color and community
S.F. Opera's first Pride concert fills the house with color and community

San Francisco Chronicle​

time28-06-2025

  • Entertainment
  • San Francisco Chronicle​

S.F. Opera's first Pride concert fills the house with color and community

Every June, the exterior columns of the San Francisco War Memorial Opera House become a symbol of LGBTQ Pride as they're illuminated in a rainbow scheme. Now, for the first time, the interior of the historic auditorium is a canvas. For the San Francisco Opera's first Pride Concert on Friday, June 27, stage artist Tal Rosner created immersive projection experiences that leapt off the stage. Rosner and San Francisco Opera General Director Matthew Shilvock were both excited by the technology's possibilities. 'Its an old building, it's beautiful and intricate,' said Rosner. 'Everything I do is part of the emotional journey of the audience, but we're also really celebrating the architecture of the building in a fun way. All these different songs have different environments.' The Pride Concert was presented in partnership with San Francisco Pride (the organization that organizes the parade and Civic Center festival) and showcased music by LGBTQ composers and songwriters. The night's singers were baritone Brian Mulligan, who is gay; mezzo-soprano Jamie Barton, who is bisexual; and Nikola Printz, who is trangender and nonbinary. San Francisco Opera Music Director Eun Sun Kim and Robert Mollicone conducted the San Francisco Opera Orchestra, while 'RuPaul's Drag Race' Season 16 runner-up (and classically trained opera singer) Sapphira Cristál emceed. The night included a bevy of community co-partners: The Tenderloin Museum, the National AIDS Memorial, Compton's Cafeteria Riot, the Marigold Project, the GLBT Historical Society and the Castro landmark the Twin Peaks Tavern. Among the special happenings were a pre-show discussion with S.F. Pride director Suzanne Ford, a display of the AIDS Memorial Quilt and queer history art installations and exhibitions. 'When times are bad, you find out who your real friends are,' said Horn, who is also the president of the War Memorial Performing Arts Center. 'We have seen so many people who we thought were our allies disappear, the corporations, some of the nonprofit organizations, our lawyers. But the San Francisco Opera is proud to stand up.' Shilvock said there was never a question that the concert would go on. 'This is what the arts are for, to be in community, to allow us to be who we are,' said Shilvock. 'We've always been a part of Pride and in the parade since the 1980s. The Pride community has always been linked to the Opera, now let's bring the festivities in here.' The program, curated by San Francisco Opera's managing artistic director Gregory Henkle, opened with Leonard Bernstein's overture to 'Candide' conducted by Kim. The 1956 musical has some of Bernstein's best theatrical music, and as Kim approached the delicate excerpts from the song 'Glitter and Be Gay,' there were knowing titters. Explosions of color reminiscent of painter Marc Chagall filled the auditorium, while points of colored light highlighted the architecture of the opera house. Printz warmly sang San Francisco composer Jake Heggie's 'Vesuvio, il mio unico amico' from his 2015 opera 'Great Scott,' the story of an opera diva, Arden Scott, returning to her hometown. Heggie, who is gay, agreed that the LGBTQ community has long had an association with the opera world as both artists and ardent fans. 'It's highly emotional, dramatic, and a way to see something you were feeling inside expressed on the stage,' said Heggie, whose opera 'Dead Man Walking' returns to San Francisco Opera this fall with Barton in the lead. 'Historically, gay men and women could find each other at the opera house,' he said. 'Queer people didn't have a lot of places they could go and experience that.' Mulligan's fine delivery of Yeletsky's aria from Tchaikovsky's 'Pique Dame' and Barton's dark and rich 'Mon coueur s'ouvre á ta voix,' from Saint-Saëns' 'Samson and Dalila,' were treats before the rousing Bachanale from the same opera. The pop half of the program took flight with Barton and Printz' delightfully light, yet soulful, 'Closer to Fine' by the Indigo Girls. Singing the hit, re-popularized in 2023 by the ' Barbie ' movie, there was no 'opera singer doing pop music' stiffness. Among the night's best projections were the Saul Bass-meets-mass transit abstractions as the San Francisco Opera Orchestra took on Billy Strayhorn's jazz hit 'Take the 'A' Train.' Another visual highpoint was the sweeping images of San Francisco's queer history from the GLBT Historical Society Museum as Barton gave a moving take of Melissa Etheridge's 'Uprising of Love.' Mulligan's finest moments of the night were dramatically different: a tender, haunting version of Freddie Mercury's 'You Take My Breath Away' that contained layers of nuance about repressed queer desire. He let that emotion out in Jerry Herman's anthem 'I Am What I Am' in the boundary-breaking 1983 drag musical 'La Cage aux Folles.' The audience went there with him, cheering as he sang 'it's time to open up your closets.' Printz closed the night with 'I was Born his Way' (not the Lady Gaga song, Cristál joked) but the gay disco hit made famous by gospel artist Carl Bean, culminating in a dramatic burst of color overtaking the house. Following the performance, patrons were invited to a dance party in the lobby with San Francisco drag mother Juanita More spinning. The sounds of San Francisco disco queen Sylvester bumped from the speakers as operagoers bumped into each other on the dance floor. Regardless of what politics bring, plans are already underway for next year's Pride concert, Shilvock said. Surveying the crowd, San Francisco drag legend Donna Sachet remarked: 'This is proof we exist, even as the government is trying to erase us.'

Premier's chief-of-staff takes stand in lawsuit
Premier's chief-of-staff takes stand in lawsuit

Winnipeg Free Press

time30-05-2025

  • Politics
  • Winnipeg Free Press

Premier's chief-of-staff takes stand in lawsuit

The premier's chief of staff was questioned in a Winnipeg court Thursday about his role in preparing a news release that an independent candidate in the 2022 byelection claims was defamatory. Mark Rosner — along with the NDP and its candidate Trudy Schroeder — is being sued for defamation in civil court by Patrick Allard, an outspoken opponent of COVID-19 public health restrictions. Allard was an independent in the March 2022 Fort Whyte byelection that was won by Obby Khan, who was recently selected as Tory party leader. In the news release, the NDP described Allard as having used 'racist rhetoric.' Allard filed the lawsuit in December 2022. Rosner, who was NDP leader Wab Kinew's chief of staff and was on the party's byelection committee, was cross-examined by Allard's lawyer, Scott Cannon, on Thursday. Rosner told Court of King's Bench Justice Shane Perlmutter he stands by that description and believes it to be a fact. 'The choice of words was deliberate,' said Rosner, when asked by Cannon whether the intent was to infer Allard was a racist. The news release was issued on behalf of Schroeder after Liberal candidate Willard Reaves called for an all-candidates forum that would include Allard. A Free Press request for comment on Reaves' proposal prompted the release. The release quoted a campaign spokesperson as saying the proposal would give 'Allard a platform to spout his anti-vaccination and racist rhetoric' and the party declined to participate. Rosner had written that section of the release. Rosner told court he was aware of Allard's opposition to COVID-19 restrictions and his commentary on the matter at the time, including the comparison of reporting violators of health orders with people who reported 'attic-hiding Jews' in Nazi Germany. Rosner said he believes that comment trivialized the Holocaust and contributed to a diminished appreciation of the wrongs and the truth of the genocide in which six million Jews were killed by Nazis. 'That rhetoric, that argument, is racist in character,' said Rosner. 'The government did not murder people in Manitoba.' Earlier this week, Abram Silver, lawyer for the NDP, questioned Allard about social media posts in which he compared the two, which Silver alleged were clearly racist. 'Make sure to turn in any attic-hiding Jews, while you're at it,' Allard wrote in a reply posted on Facebook in late 2021 or early 2022 and later uploaded to Reddit. In court, Allard had said the comments were taken out of context and specifically compared the Nazi policy that encouraged citizens to turn in their Jewish neighbours to that of the Canadian government encouraging citizens to report public health violators during the pandemic. Allard said in court he does not think those comments trivialize the Holocaust, but elevate concern about official overreach. On Thursday, Cannon argued Rosner was not aware of those specific comments prior to when he helped write the news release. Rosner denied that. He suggested to Rosner he was reckless when he used the term 'racist rhetoric' — which the political staffer denied. Cannon has argued the news release was a political strategy motivated by malice to damage Allard's reputation and improve the NDP's standing in the byelection. In August 2022, Allard was fined $34,000 for repeatedly breaching public health orders in 2020 and 2021. He was a fixture at anti-lockdown rallies in the province. Ousted NDP MLA Mark Wasyliw briefly sat in the public gallery at Rosner's cross-examination Thursday morning. Wasyliw, a defence lawyer, sits as an independent in Fort Garry after being booted from the NDP caucus last fall. Erik PinderaReporter Erik Pindera is a reporter for the Free Press, mostly focusing on crime and justice. The born-and-bred Winnipegger attended Red River College Polytechnic, wrote for the community newspaper in Kenora, Ont. and reported on television and radio in Winnipeg before joining the Free Press in 2020. Read more about Erik. Every piece of reporting Erik produces is reviewed by an editing team before it is posted online or published in print — part of the Free Press's tradition, since 1872, of producing reliable independent journalism. Read more about Free Press's history and mandate, and learn how our newsroom operates. Our newsroom depends on a growing audience of readers to power our journalism. If you are not a paid reader, please consider becoming a subscriber. Our newsroom depends on its audience of readers to power our journalism. Thank you for your support.

CD Projekt exec says "the right thing to do" is release a real Nintendo Switch 2 cartridge for Cyberpunk 2077, not a game-key card, in message to other studios: "Do not underestimate the physical edit
CD Projekt exec says "the right thing to do" is release a real Nintendo Switch 2 cartridge for Cyberpunk 2077, not a game-key card, in message to other studios: "Do not underestimate the physical edit

Yahoo

time07-05-2025

  • Entertainment
  • Yahoo

CD Projekt exec says "the right thing to do" is release a real Nintendo Switch 2 cartridge for Cyberpunk 2077, not a game-key card, in message to other studios: "Do not underestimate the physical edit

When you buy through links on our articles, Future and its syndication partners may earn a commission. Credit: CDPR With Cyberpunk 2077, developer CD Projekt Red is one of very few third-party studios offering a proper, physical game cartridge on Nintendo Switch 2. As most other third-parties instead opt for the new game-key card format – which contain no game data on the physical cart – CDPR says that's not what Nintendo players want. Asked if CD Projekt Red could've gotten away with just launching Cyberpunk 2077 on a game-key card, business development VP Jan Rosner tells The Game Business that "it's not a matter of getting away with something. Nintendo at physical retail is still strong, and retail is, in general, not going anywhere. I don't think we'll soon experience a reality where we're just having all games digital." Rosner says that proper physical game releases are "especially important for the Nintendo audience. We maybe could have got away with it, but is there a point? The right thing to do was to have it out on the cartridge with a plug and play experience." While game sales have been sliding towards digital over the years, physical games still make up a substantial portion of sales. A report from in 2024 suggested that, across the first 40 weeks of the year, around 25% of all new games were sold through traditional retail in Europe. But that figure includes both the digital-only Steam and the digital-focused Xbox platforms. On Switch, a whopping 65% of third-party games were still sold through physical retail. "Do not underestimate the physical edition," Rosner warns other studios. "It's not going anywhere and Nintendo players are very appreciative of physical editions that are done right." Clearly, Rosner isn't the only industry figure who feels that way. Former Assassin's Creed and Far Cry lead Alex Hutchinson feels that game-key cards are "losing some of what made the business special," and Nightdive CEO Stephen Kick thinks they're "disheartening." Popular rumor has suggested that Nintendo is offering only the option of game-key cards or massive 64GB cartridges to publishers. While that specific detail is technically unconfirmed, it's certainly cheaper for studios to focus on lower-cost game-key cards over proper cartridges. Whether players are willing to support that cost-cutting measure remains to be seen. Check out our guide to upcoming Switch 2 games.

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