Morgan Stanley downgrades Roku, one of the hottest stocks of 2019: ‘It’s all priced in’

A video sign displays the logo for Roku, after the company’s IPO at the Nasdaq Market in New York, September 28, 2017. Morgan Stanley lowered its rating on Roku to underweight from equal weight, saying the stock’s phenomenal climb this year fully reflects the company’s growth prospects and fails to recognize some key risks. “Roku shares are up over 400% YTD due to rising estimates and overall exuberance over all things streaming. Roku’s valuation levels have surged past digital media players and


A video sign displays the logo for Roku, after the company’s IPO at the Nasdaq Market in New York, September 28, 2017.
Morgan Stanley lowered its rating on Roku to underweight from equal weight, saying the stock’s phenomenal climb this year fully reflects the company’s growth prospects and fails to recognize some key risks.
“Roku shares are up over 400% YTD due to rising estimates and overall exuberance over all things streaming.
Roku’s valuation levels have surged past digital media players and
Morgan Stanley downgrades Roku, one of the hottest stocks of 2019: ‘It’s all priced in’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: michael sheetz
Keywords: news, cnbc, companies, stocks, note, companys, video, past, priced, 2019, york, weight, morgan, valuation, downgrades, hottest, stanley, roku, ytd


Morgan Stanley downgrades Roku, one of the hottest stocks of 2019: 'It's all priced in'

A video sign displays the logo for Roku, after the company’s IPO at the Nasdaq Market in New York, September 28, 2017.

Morgan Stanley lowered its rating on Roku to underweight from equal weight, saying the stock’s phenomenal climb this year fully reflects the company’s growth prospects and fails to recognize some key risks.

Roku’s stock fell more than 16% in trading on Monday.

“Roku shares are up over 400% YTD due to rising estimates and overall exuberance over all things streaming. As a result, we see the risk/reward skewed to the downside. Roku’s valuation levels have surged past digital media players and even past high-growth SAAS [software as a service] companies … despite structurally lower gross margins,” Morgan Stanley analyst Benjamin Swinburne said in a note to investors. The note was titled, “It’s all priced in.”


Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: michael sheetz
Keywords: news, cnbc, companies, stocks, note, companys, video, past, priced, 2019, york, weight, morgan, valuation, downgrades, hottest, stanley, roku, ytd


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Morgan Stanley downgrades Roku, one of the hottest stocks of 2019: ‘It’s all priced in’

A video sign displays the logo for Roku, after the company’s IPO at the Nasdaq Market in New York, September 28, 2017. Morgan Stanley lowered its rating on Roku to underweight from equal weight, saying the stock’s phenomenal climb this year fully reflects the company’s growth prospects and fails to recognize some key risks. “Roku shares are up over 400% YTD due to rising estimates and overall exuberance over all things streaming. Roku’s valuation levels have surged past digital media players and


A video sign displays the logo for Roku, after the company’s IPO at the Nasdaq Market in New York, September 28, 2017.
Morgan Stanley lowered its rating on Roku to underweight from equal weight, saying the stock’s phenomenal climb this year fully reflects the company’s growth prospects and fails to recognize some key risks.
“Roku shares are up over 400% YTD due to rising estimates and overall exuberance over all things streaming.
Roku’s valuation levels have surged past digital media players and
Morgan Stanley downgrades Roku, one of the hottest stocks of 2019: ‘It’s all priced in’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: michael sheetz
Keywords: news, cnbc, companies, stocks, note, companys, video, past, priced, 2019, york, weight, morgan, valuation, downgrades, hottest, stanley, roku, ytd


Morgan Stanley downgrades Roku, one of the hottest stocks of 2019: 'It's all priced in'

A video sign displays the logo for Roku, after the company’s IPO at the Nasdaq Market in New York, September 28, 2017.

Morgan Stanley lowered its rating on Roku to underweight from equal weight, saying the stock’s phenomenal climb this year fully reflects the company’s growth prospects and fails to recognize some key risks.

Roku’s stock fell more than 16% in trading on Monday.

“Roku shares are up over 400% YTD due to rising estimates and overall exuberance over all things streaming. As a result, we see the risk/reward skewed to the downside. Roku’s valuation levels have surged past digital media players and even past high-growth SAAS [software as a service] companies … despite structurally lower gross margins,” Morgan Stanley analyst Benjamin Swinburne said in a note to investors. The note was titled, “It’s all priced in.”


Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: michael sheetz
Keywords: news, cnbc, companies, stocks, note, companys, video, past, priced, 2019, york, weight, morgan, valuation, downgrades, hottest, stanley, roku, ytd


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Why you’ve been mismanaging your finances for the last 10 years

If you have one resolution for 2020, make it to clear the decks on your credit card debt. About 2 out of 3 consumers with credit cards have been toting the same balance or higher over the last decade, according to a recent survey from Bankrate.com. The personal finance website took an online poll in October of 2,257 adults, of whom 1,908 were credit card holders. Two-thirds of the credit card holders surveyed said they are as stressed or more over the balance on their cards compared to January 2


If you have one resolution for 2020, make it to clear the decks on your credit card debt.
About 2 out of 3 consumers with credit cards have been toting the same balance or higher over the last decade, according to a recent survey from Bankrate.com.
The personal finance website took an online poll in October of 2,257 adults, of whom 1,908 were credit card holders.
Two-thirds of the credit card holders surveyed said they are as stressed or more over the balance on their cards compared to January 2
Why you’ve been mismanaging your finances for the last 10 years Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-20  Authors: darla mercado
Keywords: news, cnbc, companies, finances, website, card, weight, took, credit, personal, mismanaging, consumers, youve, toting, balance, cards


Why you've been mismanaging your finances for the last 10 years

If you have one resolution for 2020, make it to clear the decks on your credit card debt.

About 2 out of 3 consumers with credit cards have been toting the same balance or higher over the last decade, according to a recent survey from Bankrate.com.

The personal finance website took an online poll in October of 2,257 adults, of whom 1,908 were credit card holders.

More from Personal Finance:

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Think about this risk before you jump on an IPO

If you want to save on your 2019 taxes, time is running out

Not only is the debt dragging down these consumers’ balance sheets, it’s also a weight on their minds.

Two-thirds of the credit card holders surveyed said they are as stressed or more over the balance on their cards compared to January 2019.

“Generally speaking, the economy is doing well — there have been 10 years of growth,” said Ted Rossman, an analyst at Bankrate. “But the pitfall for people is that just keeping up isn’t enough.”


Company: cnbc, Activity: cnbc, Date: 2019-11-20  Authors: darla mercado
Keywords: news, cnbc, companies, finances, website, card, weight, took, credit, personal, mismanaging, consumers, youve, toting, balance, cards


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Stocks making the biggest moves premarket: Fitbit, Xerox, Ford, Five Below, TripAdvisor & more

Check out the companies making headlines in the premarket Monday:Ford Motor — The carmaker unveiled the Mustang Mach-E, Ford’s first all-electric SUV that starts at about $44,000. The Mach-E’s pricing, performance, and range are expected to be comparable with the Model Y, an upcoming SUV from Tesla. HP Inc., Xerox — HP Inc.’s board unanimously rejected an acquisition bid from Xerox, saying the offer would undervalue the company. Xerox shares dipped 2.4% in the premarket, while HP Inc. slid 0.9%.


Check out the companies making headlines in the premarket Monday:Ford Motor — The carmaker unveiled the Mustang Mach-E, Ford’s first all-electric SUV that starts at about $44,000.
The Mach-E’s pricing, performance, and range are expected to be comparable with the Model Y, an upcoming SUV from Tesla.
HP Inc., Xerox — HP Inc.’s board unanimously rejected an acquisition bid from Xerox, saying the offer would undervalue the company.
Xerox shares dipped 2.4% in the premarket, while HP Inc. slid 0.9%.
Stocks making the biggest moves premarket: Fitbit, Xerox, Ford, Five Below, TripAdvisor & more Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-18  Authors: fred imbert
Keywords: news, cnbc, companies, company, stock, xerox, weight, potential, moves, tripadvisor, ford, analyst, morgan, premarket, users, biggest, shares, making, fitbit, stocks


Stocks making the biggest moves premarket: Fitbit, Xerox, Ford, Five Below, TripAdvisor & more

Check out the companies making headlines in the premarket Monday:

Ford Motor — The carmaker unveiled the Mustang Mach-E, Ford’s first all-electric SUV that starts at about $44,000. The Mach-E’s pricing, performance, and range are expected to be comparable with the Model Y, an upcoming SUV from Tesla.

Splunk — Shares of the data software company rose about 3% before the bell on the back of a Morgan Stanley upgrade to “overweight” from “equal weight.” The analyst said Splunk’s shift to a recurring sales model potentially reveals a “durable” annual recurring revenue of at least 25%.

Five Below — An analyst at J.P. Morgan added the discount store company to his “focus list,” citing potential upside to Wall Street’s consensus estimate around Five Below’s same-store sales.

Fitbit — Several Fitbit users told CNBC they were searching for an alternative to the company’s fitness trackers after Alphabet’s Google announced its purchase of the company earlier this month. The users said they’re getting rid of their Fitbit trackers because they don’t trust the search giant.

Workday — An analyst at Morgan Stanley downgraded Workday’s stock to “equal weight” from “overweight,” noting that slowing momentum in the human capital management segment and “a more difficult spending environment lead us to trim our near-term forecasts.” Shares fell nearly 2%.

HP Inc., Xerox — HP Inc.’s board unanimously rejected an acquisition bid from Xerox, saying the offer would undervalue the company. The board also said it considered the “highly conditional and uncertain nature of the proposal, including the potential impact of outsized debt levels on the combined company’s stock.” Xerox shares dipped 2.4% in the premarket, while HP Inc. slid 0.9%.

TripAdvisor — TripAdvisor shares gained 1.1% in the premarket after an analyst at Cowen upgraded the stock to “market perform” from “outperform.” The analyst pointed to a potential recovery in TripAdvisor’s online search metrics moving forward after a “major SEO shortfall.”

Dunkin’ Brands — Dunkin’ Brands banned the use of its “double cup” in New England in an effort to move away from foam to paper coffee cups. The company added its foam cups will be eliminated globally in 2020.

—CNBC’s Michael Bloom contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2019-11-18  Authors: fred imbert
Keywords: news, cnbc, companies, company, stock, xerox, weight, potential, moves, tripadvisor, ford, analyst, morgan, premarket, users, biggest, shares, making, fitbit, stocks


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China throws its weight behind A.I. and blockchain as it aims to be the world’s tech leader

A Chinese mobile phone user in Shanghai, China. U.S. and Chinese tech firms are pumping a lot of money into developing AI, and both countries have launched their own national strategies around it. “On AI, China is implementing the technology very fast in facial recognition, speed recognition, self-driving vehicles, smart cities and medical diagnoses,” Rebecca Fannin, author of “Tech Titans of China,” told CNBC. But Chinese fintech has often moved faster than the regulators. “It’s clear China wan


A Chinese mobile phone user in Shanghai, China.
U.S. and Chinese tech firms are pumping a lot of money into developing AI, and both countries have launched their own national strategies around it.
“On AI, China is implementing the technology very fast in facial recognition, speed recognition, self-driving vehicles, smart cities and medical diagnoses,” Rebecca Fannin, author of “Tech Titans of China,” told CNBC.
But Chinese fintech has often moved faster than the regulators.
“It’s clear China wan
China throws its weight behind A.I. and blockchain as it aims to be the world’s tech leader Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-15  Authors: arjun kharpal
Keywords: news, cnbc, companies, aims, worlds, told, technology, blockchain, china, leader, tech, throws, mobile, weight, fintech, world, chinese, intelligence


China throws its weight behind A.I. and blockchain as it aims to be the world's tech leader

A Chinese mobile phone user in Shanghai, China. Qi Yang | Moment | Getty Images

China, once seen as an imitator when it came to technology, is now looking to take the lead in areas from blockchain to artificial intelligence (AI), much-hyped technologies that are seen as critical to the future. Despite the U.S.-China trade war, experts say the world’s second largest economy will continue pushing its domestic technology sector. The future of AI, blockchain, financial technology and smartphones will be among the topics discussed at East Tech West — CNBC’s technology conference held in the Nansha district of Guangzhou, China. Here’s a look at what China is doing in some of the key technology areas.

Artificial intelligence

Artificial intelligence is a broad term for technology that makes machines mimic human intelligence, for example, in recognizing images or speech. U.S. and Chinese tech firms are pumping a lot of money into developing AI, and both countries have launched their own national strategies around it.

In 2017, Beijing laid out plans to become the world leader in artificial intelligence by 2030, with the aim of making the industry worth 1 trillion yuan ($147.7 billion). China has rolled out AI uses, such as facial recognition technology, on a large scale. The U.S. is seen as having the lead, however, when it comes to research and development. “On AI, China is implementing the technology very fast in facial recognition, speed recognition, self-driving vehicles, smart cities and medical diagnoses,” Rebecca Fannin, author of “Tech Titans of China,” told CNBC. “The US still has the lead on R&D in AI, but China is catching up with the tech titans in AI as well as numerous well-funded startups such as Face++, Sensetime and iFlytek.” “China is closing the technological gap with the United States, and though it may not match U.S. capabilities across the board, it will soon be one of the leading powers in technologies such as artificial intelligence (AI)” and other technologies, the Council on Foreign Relations (CFR) said in a recent report.

Fintech

In China, financial technology is booming. Global investment in fintech ventures more than doubled in 2018, to $55.3 billion, with China accounting for around 46% of that figure, according to Accenture. The country is home to some of the world’s biggest fintech firms such as Alibaba affiliate Ant Financial which runs the popular Alipay mobile payments app. Mobile payments — or paying with a scanned code on your phone — is one area in which China has led the way. Alipay and Tencent-owned WeChat Pay can be used all over the country from big department stores to street stalls.

Cash is dead in China. So are credit cards. Rebecca Fannin author of “Tech Titans of China”

But these services are also known as “superapps” because within the platform, users are able to get other products from micro-loans to wealth management products. They have provided a way for Chinese consumers to bypass the banks, to some extent. “China’s mobile payment market is most advanced in the world. Alipay and WeChat Pay are two tech titans in this space,” Fannin said. “Cash is dead in China. So are credit cards.” Henri Arslanian, chairman of the Fintech Association of Hong Kong, said that technology firms have been driving innovation in financial services, something he calls “techfin.” “What’s been really interesting for us, is that the real innovation from a ‘techfin’ perspective happened not only in Silicon Valley, but really happened here in Asia, in China in particular,” Arslanian told CNBC in an East Tech West preview show. “For many banks around the world, when they want to see what is the disruption coming ahead, what can really disrupt their business, they don’t look at Silicon Valley now, but they rather look at China and Asia.”

But Chinese fintech has often moved faster than the regulators. Now regulators are putting frameworks in place to have a better grasp on what’s going on to help China maintain a leading position in fintech. Earlier this year, the China’s central bank issued a 3-year “fintech development plan” with the aim of making China the world leader in fintech.

Smartphones

Chinese firms are now some of the biggest in the world. Three out of the top 5 smartphone vendors are Chinese with Huawei sitting at number two. Chinese smartphone-makers have for years been accused of copying the likes of Apple when it comes to smartphone designs. But in the past couple of years, they’ve begun to push the boundaries on handset innovation.

“Many Chinese vendors get plagued with reputations for being copycats. And while some of that is valid, what gets overlooked is how much these same vendors are oftentimes ahead of the rest of the industry in areas like cameras, screens, and charging,” Bryan Ma, vice president of devices research at IDC, told CNBC. Ma pointed to devices like Xiaomi’s Mi CC9 which has a 108-megapixel camera and other devices from the company which have edge-to-edge screens.

Blockchain

Blockchain’s first major application was for the cryptocurrency bitcoin. It’s a so-called decentralized ledger of transactions that cannot be tampered with and it underpins bitcoin. But the meaning and uses of the technology has evolved. It’s now being trialed and used by various industries from finance to the food industry.

China has thrown its backing behind the technology. According to state media, President Xi Jinping said that China has a strong foundation and should look to take a leading position in the technology. He reportedly said China should “seize the opportunity” offered by blockchain, adding that the technology could benefit a range of industries including finance, education and health care. Edith Yeung, managing partner at blockchain-focused venture capital firm Proof of Capital, said Xi’s remarks shows China’s determination in the sector. “It’s clear China wants to lead the world’s standard for blockchain technology,” Yeung told CNBC. “China is a really government-driven country.”

5G

5G refers to next-generation mobile networks that promise faster data speeds and low latency. The latter refers to the quicker speeds at which data arrives from the time it is summoned. This is key to underpin technologies like driverless cars which cannot afford any lag in data. A number of countries such as South Korea and the U.S. are rolling out 5G networks, while China recently turned on its 5G networks ahead of a previously-announced 2020 timeline.


Company: cnbc, Activity: cnbc, Date: 2019-11-15  Authors: arjun kharpal
Keywords: news, cnbc, companies, aims, worlds, told, technology, blockchain, china, leader, tech, throws, mobile, weight, fintech, world, chinese, intelligence


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A global index provider is putting more weight on China stocks, raising concerns from lawmakers

Investors have been increasingly demanding wider access to global markets, and global index providers like MSCI have been slowly increasing China’s weighting. They will announce an additional inclusion of roughly 175 midcap mainland China stocks in its global indices, and also increasing the weighting of 268 large-cap mainland stocks that are already in the index. The addition will raise the weighting of mainland China stocks from roughly 3% to 4% of the index value. MSCI Emerging Markets Index


Investors have been increasingly demanding wider access to global markets, and global index providers like MSCI have been slowly increasing China’s weighting.
They will announce an additional inclusion of roughly 175 midcap mainland China stocks in its global indices, and also increasing the weighting of 268 large-cap mainland stocks that are already in the index.
The addition will raise the weighting of mainland China stocks from roughly 3% to 4% of the index value.
MSCI Emerging Markets Index
A global index provider is putting more weight on China stocks, raising concerns from lawmakers Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-07  Authors: bob pisani
Keywords: news, cnbc, companies, federal, china, weighting, global, raising, lawmakers, index, mainland, weight, concerns, companies, provider, markets, msci, putting, stocks


A global index provider is putting more weight on China stocks, raising concerns from lawmakers

One of the largest indexers in the world is set to announce a new round of increases in the weighting of mainland China stocks, and the addition is generating an unusual amount of controversy.

U.S. Sen. Marco Rubio of Florida doesn’t want the pension assets of federal employees supporting companies that may work against U.S. interests.

“In the case of federal employees, imagine the leverage the Chinese have if a significant amount of the retirement of service men and women in uniform and federal employees is invested in companies listed on Chinese exchanges that are not transparent, that do not undergo the same accounting scrutiny that others do and many of these companies are active agents of the Chinese government,” Rubio said on air today.

The reason for the increased weighting is not controversial: Mainland China’s stock market has been growing and is underrepresented in global indexes. Investors have been increasingly demanding wider access to global markets, and global index providers like MSCI have been slowly increasing China’s weighting.

MSCI later today will announce an increase in the weighting of mainland China in its MSCI Emerging Markets Index, a benchmark used by many global funds and ETFs, including the iShares MSCI Emerging markets ETF (EEM). They will announce an additional inclusion of roughly 175 midcap mainland China stocks in its global indices, and also increasing the weighting of 268 large-cap mainland stocks that are already in the index.

The increased weightings will go into effect on November 26th.

The addition will raise the weighting of mainland China stocks from roughly 3% to 4% of the index value. China stocks–including those listed in Hong Kong as well as those listed in the U.S. (like Alibaba), are already about 30% of that index. And its weighting will now increase.

MSCI Emerging Markets Index (Weighting after Nov. 26) Mainland China, 4% Hong Kong listed China companies, 21% US-Listed China companies, 8% South Korea, 12% Taiwan, 12% India, 9% Brazil, 8%

None of this was controversial, until the trade wars heated up. In August, Rubio and a Senate Democrat, Jeanne Shaheen, sent a letter to the chairman of the Federal Retirement Thrift Investment Board asking the group to reverse a decision to use the MSCI All Country World ex-U.S Index as the basis for a public pension fund held by federal staffers. They were objecting to federal workers owning China stocks.

“The FRTIB’s decision to track this MSCI index constitutes a decision to invest in China-based companies, including many firms that are involved in the Chinese Government’s military, espionage, human rights abuses, and “Made in China 2025″ industrial policy, and therefore poses fundamental questions about the board’s statutory and fiduciary responsibilities to American public servants who invest in federal retirement plans,” the letter stated.

In an interview on CNBC in October, MSCI CEO Henry Fernandez noted that MSCI was not an investor, an asset manager or an investment advisor. They are an intermediary: “We cannot tell investors what decisions to make.”

Brendan Ahern, chief investment officer of Kraneshares, which runs several China ETFs, put it differently: “Do you want the government in your plan based on the whims of who is in charge? The MSCI weightings does what it was supposed to do: gets global investors into China.”

Ahern conceded that the U.S. government, or any other entity, was free to choose whatever benchmark it wants. If they don’t want to have China included, they can use a benchmark that does not include China.

MSCI’s Fernandez agreed, noting that if the legal landscape changed, they will offer other products for those investors: “We’ll create specialized indices for those clients in that one country that take those legal and regulatory restrictions into account,” he told CNBC.


Company: cnbc, Activity: cnbc, Date: 2019-11-07  Authors: bob pisani
Keywords: news, cnbc, companies, federal, china, weighting, global, raising, lawmakers, index, mainland, weight, concerns, companies, provider, markets, msci, putting, stocks


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Olympic gold medalist Ryan Lochte’s daily routine includes 5 hours of workouts and 4,000 calories

With 12 Olympic medals, six gold, Ryan Lochte, 35, was once one of the most decorated swimmers in the U.S. But things changed for Lochte three years ago when he made international headlines after falsely reporting that he and three other U.S. Olympic swimmers were robbed at gunpoint during the 2016 Summer Olympics in Rio de Janeiro. During his three years of suspension, Lochte, 35, married his wife Kayla Rae and had two children, Caiden now 2, and Liv Rae, 4 months. “I was going to fast-food res


With 12 Olympic medals, six gold, Ryan Lochte, 35, was once one of the most decorated swimmers in the U.S.
But things changed for Lochte three years ago when he made international headlines after falsely reporting that he and three other U.S. Olympic swimmers were robbed at gunpoint during the 2016 Summer Olympics in Rio de Janeiro.
During his three years of suspension, Lochte, 35, married his wife Kayla Rae and had two children, Caiden now 2, and Liv Rae, 4 months.
“I was going to fast-food res
Olympic gold medalist Ryan Lochte’s daily routine includes 5 hours of workouts and 4,000 calories Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-26  Authors: jade scipioni
Keywords: news, cnbc, companies, vitamin, medalist, routine, daily, lochtes, gold, weight, really, rae, habits, workouts, suspension, lochte, swimmers, olympic, hours, includes, ryan


Olympic gold medalist Ryan Lochte's daily routine includes 5 hours of workouts and 4,000 calories

With 12 Olympic medals, six gold, Ryan Lochte, 35, was once one of the most decorated swimmers in the U.S.

But things changed for Lochte three years ago when he made international headlines after falsely reporting that he and three other U.S. Olympic swimmers were robbed at gunpoint during the 2016 Summer Olympics in Rio de Janeiro. Video footage showed Lochte and the other swimmers vandalizing a Brazilian gas station.

Lochte was given a 10-month suspension by the United States Olympic Committee and USA Swimming and he forfeited the $100,000 in bonus money that went with his gold medal as part of the men’s 4X200 freestyle relay in Rio.

Two years later, Lochte was suspended again by the U.S. Anti-Doping Agency (USADA) for receiving an intravenous vitamin B-12 infusion — a therapy that delivers the vitamin directly into your veins — which is banned by the agency.

“[It] was a really dark time in my life and [my family] helped me keep fighting and keep pushing on it,” Lochte tells CNBC Make It, “I don’t know where I would be without them.”

During his three years of suspension, Lochte, 35, married his wife Kayla Rae and had two children, Caiden now 2, and Liv Rae, 4 months.

But as a new dad, his training and food habits started to slip away, and feeling depressed about his actions and the suspensions, he gained 21 pounds.

“I was going to fast-food restaurants because it was really quick and it was on the way,” Lochte says, admitting that his diet was never actually “clean” despite being a six-time Olympic gold medalist.

“I used to eat a lot of junk food and not gain weight,” he says.

But as he got older, he says his poor eating habits caught up to him.

“If I eat a chocolate cupcake now, you can actually see the chocolate cupcake sitting in my belly,” he says.

In August, after competing at the U.S. national championship, where he took gold in the 200-meter individual medley, Lochte says he was shocked by how much weight he had gained.


Company: cnbc, Activity: cnbc, Date: 2019-10-26  Authors: jade scipioni
Keywords: news, cnbc, companies, vitamin, medalist, routine, daily, lochtes, gold, weight, really, rae, habits, workouts, suspension, lochte, swimmers, olympic, hours, includes, ryan


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Barclays raises Apple’s price target, says the lower pricing for iPhone is working

Members of the media take photographs of iPhone 11, iPhone11 Pro and iPhone 11 Pro Max smartphones in the Apple Marunouchi store on September 20, 2019 in Tokyo, Japan. Apple’s decision to make a cheaper iPhone is paying off, according to Barclays. Despite Apple’s shift from a hardware company to a services business model, Apple’s historically trusty revenue stream from iPhone sales is surprising to the upside. The firm raised its price target on the stock to $224 per share from $207 per share. T


Members of the media take photographs of iPhone 11, iPhone11 Pro and iPhone 11 Pro Max smartphones in the Apple Marunouchi store on September 20, 2019 in Tokyo, Japan.
Apple’s decision to make a cheaper iPhone is paying off, according to Barclays.
Despite Apple’s shift from a hardware company to a services business model, Apple’s historically trusty revenue stream from iPhone sales is surprising to the upside.
The firm raised its price target on the stock to $224 per share from $207 per share.
T
Barclays raises Apple’s price target, says the lower pricing for iPhone is working Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-17  Authors: maggie fitzgerald
Keywords: news, cnbc, companies, price, apple, trusty, iphone, working, weight, raises, apples, lower, upsidethe, barclays, target, share, pricing, pro


Barclays raises Apple's price target, says the lower pricing for iPhone is working

Members of the media take photographs of iPhone 11, iPhone11 Pro and iPhone 11 Pro Max smartphones in the Apple Marunouchi store on September 20, 2019 in Tokyo, Japan.

Apple’s decision to make a cheaper iPhone is paying off, according to Barclays.

Despite Apple’s shift from a hardware company to a services business model, Apple’s historically trusty revenue stream from iPhone sales is surprising to the upside.

The firm raised its price target on the stock to $224 per share from $207 per share. Barclays has an equal weight rating on Apple. This is below Apple’s closing price on Wednesday of $234.37.


Company: cnbc, Activity: cnbc, Date: 2019-10-17  Authors: maggie fitzgerald
Keywords: news, cnbc, companies, price, apple, trusty, iphone, working, weight, raises, apples, lower, upsidethe, barclays, target, share, pricing, pro


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Weight Watchers under fire for selling diets to children as young as age eight

Kurbo app Scott Mlyn | CNBCDo your homework! Weight Watchers, which now calls itself WW, this week introduced a new app called Kurbo by WW to “help kids and teens ages 8-17 reach a healthier weight.” WW last year acquired Kurbo, a digital health start-up whose system is based on Stanford University’s pediatric obesity program. Your profile page charts your body mass index (BMI), a formula based on your weight and height. Kurbo’s program does not require kids to track calories or fat, but “they’r


Kurbo app Scott Mlyn | CNBCDo your homework! Weight Watchers, which now calls itself WW, this week introduced a new app called Kurbo by WW to “help kids and teens ages 8-17 reach a healthier weight.” WW last year acquired Kurbo, a digital health start-up whose system is based on Stanford University’s pediatric obesity program. Your profile page charts your body mass index (BMI), a formula based on your weight and height. Kurbo’s program does not require kids to track calories or fat, but “they’r
Weight Watchers under fire for selling diets to children as young as age eight Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-17  Authors: angelica lavito
Keywords: news, cnbc, companies, young, food, goal, foods, app, parents, ww, kids, kurbo, saying, watchers, selling, children, diets, age, weight


Weight Watchers under fire for selling diets to children as young as age eight

Kurbo app Scott Mlyn | CNBC

Do your homework! Clean your room! Count your Weight Watchers points? Weight Watchers, which now calls itself WW, this week introduced a new app called Kurbo by WW to “help kids and teens ages 8-17 reach a healthier weight.” WW last year acquired Kurbo, a digital health start-up whose system is based on Stanford University’s pediatric obesity program. Adolescents track their food in Kurbo’s free app. A green, yellow, or red light grades what and how much of a food they eat. They can also consult with a digital coach for a fee, starting at $69 per month. “This is a scientifically proven way to get kids to eat healthier and move more, so we’re excited to get it into as many hands as possible,” WW’s Chief Scientific Officer Gary Foster told CNBC. Some WW loyalists applaud the move, saying the company has transformed their lives and hope it can transform children’s lives, too. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time. “I really do appreciate the idea that parents are signing up their children in ways that are largely well-intended, but what we know is that preoccupation with food and righteousness around food does not create healthy relationships with food,” said Anna Sweeney, dietitian and owner of Whole Life Nutrition Counseling in Concord, Massachusetts. “It does not leave people feeling good or competent in eating.”

Kurbo: lifestyle or diet?

When you sign up for Kurbo, you enter your name, height, weight and gender. You then choose a goal: eat healthier, lose weight, make parents happy, get stronger and fitter, have more energy, boost my confidence or feel better in my clothes. Abby Langer, a dietitian who owns her own practice in Toronto, Canada, said she wanted to “barf” when she heard “make parents happy” was an option. Foster said Kurbo is meant to be a “family-based approach” and that parents should not single out one child. Instead, he said parents need to set the example and involve the entire family. “Kids who are overweight know they’re overweight and already feel bad about it,” Langer said. “Giving this app to a kid is like saying there’s something wrong with you.” Once you select a goal, you rank how important the goal is to you on a scale of 0 “not important” to ten “super important” and how confident you are that you can reach your goal from 0 “not confident” to to “super confident.” Your profile page charts your body mass index (BMI), a formula based on your weight and height. You can check how many green, yellow and red foods you’ve eaten during the week. While it’s not quite counting points, it’s not that far from it. Foster dismisses the idea that Kurbo is a diet, which he defines as a program like keto or paleo that labels certain foods as bad and encourages people to avoid them. Diets, he said, lead to short-term behavior change, whereas WW focuses on establishing healthy patterns. Linda Tucker, a food and body image coach, thinks the light system is “problematic” because it “loses nuance.” She understands the intention to make it simple. Kurbo’s program does not require kids to track calories or fat, but “they’re still saying these foods are better than these foods without any context.” “It’s not realistic, and it’s not a healthy way to teach anyone about food, especially children,” said Tucker, who owns her own practice in Portland, Oregon.

Helping or hurting


Company: cnbc, Activity: cnbc, Date: 2019-08-17  Authors: angelica lavito
Keywords: news, cnbc, companies, young, food, goal, foods, app, parents, ww, kids, kurbo, saying, watchers, selling, children, diets, age, weight


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