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☆ I've stayed in Airbnbs around the world by myself. My top tip for solo travelers is to book for 2 people — even if it costs more.
▼ + stars: | 2024-05-15 | by ( Joey Hadden | ) www.businessinsider.com time to read: +3 min

Read previewCozy cabins, unique tiny homes, luxury apartments — I've booked them all through Airbnb. As a travel reporter, I've stayed in accommodations around the world, from the US and Canada to Western Europe. Usually, I travel solo. AdvertisementWhen it comes to staying in Airbnbs solo, my best tip is to book accommodation for two peopleThe author stays at a tiny-home hotel in Germany that she booked through Airbnb. But after all my unique Airbnb experiences, I think it's worth booking them even when I'm alone.

Persons: —, I've, I'm, Joey Hadden Organizations: Service, Business, Quebec City, Airbnb Locations: Airbnb, Canada, Western Europe, Airbnbs, Switzerland, Europe, Niagara Falls, Montréal, Quebec, Germany, Rome

☆ A low-income millennial mom was evicted from her apartment but isn't 'homeless enough to get help'
▼ + stars: | 2024-05-15 | by ( Allie Kelly | ) www.businessinsider.com time to read: +6 min

It's a studio-size garage apartment that she shares with her partner, her 11-year-old daughter, and their dog. The Airbnb is the third place in southeastern North Carolina where Hedden and her family have lived since mid-January. Advertisement"I'm not homeless enough to get certain help because I have a roof over my head," she said. "But I'm too homeless to get a job because I don't know where I'm going to live in three weeks. Without help, Hedden said she's "trying not to drown."

Persons: —, Melissa Hedden, Hedden, I'm, hasn't, ALICE, ALICEs, Hedden's, She's, she's Organizations: Service, Business, BI, Survey, United Way's, Florida Medicaid Locations: Wilmington , North Carolina, It's, North Carolina, Bradenton , Florida, Florida

☆ I used to be a public school teacher. Now I work as a 'middleman' government contractor and can travel when I want to.
▼ + stars: | 2024-05-12 | by ( Ana Altchek | ) www.businessinsider.com time to read: +6 min

I used to be a special-ed teacher at a public school in Ohio, making around $50,000 annually. I work as a middleman, which means I'm the prime contractor and I bid on the opportunity. I've signed contracts in all kinds of sectors, including landscaping, HVAC cleaning, and construction. I put in about an hour of work on government contracting every dayI spend about an hour a day on government contracting. I have a team member that I work with now as well, and we work on finding opportunities, getting quotes, and submitting proposals.

Persons: —, Wes Fisher, I'm, I've, it's, texted Organizations: Service, Business, Forest Services Locations: Ohio, California , Nevada , Oregon , Pennsylvania, Florida, Louisiana, California, Utah, Panama, Dubai, Jamaica, Chicago, San Francisco

☆ A millennial couple invested in a $143,000 vacation home in Bali. It's become the crux of their early retirement strategy.
▼ + stars: | 2024-05-12 | by ( Amanda Goh | ) www.businessinsider.com time to read: +8 min

Rory and Casey Jones built a villa in Bali for 2.287 billion Indonesian rupiah, or about $143,000. AdvertisementFor Rory Jones and his wife Casey, building a house in Bali seemed like a good idea — even though they had never been to Indonesia. The couple, from Tasmania, Australia, dreamed of retiring early, so they spent a lot of time investing in the stock market. Rory and Casey Jones built a villa in Bali. That said, the couple has plans to build more investment properties in Bali in the future.

Persons: Rory, Casey Jones, —, Rory Jones, Casey, Jones, " Jones, videographer, aren't, Propertia Organizations: Service, Global Consulting, Facebook Locations: Bali, Indonesia, Tasmania, Australia, Thailand, Philippines, Portugal, Southeast Asia, Bingin, Uluwatu

☆ Morgan Stanley says these stocks could follow Meta and Alphabet in announcing a dividend
▼ + stars: | 2024-05-10 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

The dividend stock club could soon get new members, according to Morgan Stanley. Alphabet and Meta Platforms are among the most recent high-profile names to initiate a dividend to give back to shareholders. The search giant announced a 20-cent per share quarterly dividend in April, while Meta Platforms authorized a 50-cent per share dividend in February. The moves bring the total tally of "Magnificent Seven" stocks offering a dividend to five, along with Nvidia, Microsoft and Apple. Broken down by sector, consumer staples, energy and communication services stocks tend to outperform, while materials is the only sector that underperforms following a dividend initiation.

Persons: Morgan Stanley, Todd Castagno, Castagno, Instacart, Regeneron Organizations: Meta, Nvidia, Microsoft, Apple, PayPal, Palo Alto Networks, Expedia Group

☆ Airbnbs are primed to take over Miami, which is already facing a housing crunch
▼ + stars: | 2024-05-10 | by ( Dan Latu | ) www.businessinsider.com time to read: +3 min

A Florida real-estate firm forecasts that 31 pre-construction condo buildings in the Miami region are ripe for Airbnbs. So many, in fact, that they outnumber the amount of traditional rentals tagged for development over the same time. "We've had a development industry that is adding more short-term rentals to South Florida inventory," Studnicky told BI. AdvertisementDevelopers in the Miami region should focus on creating more traditional rentals to alleviate pressure in the market, Studnicky believes. In the past 10 years, Studnicky estimates a much more robust 20,000 traditional rental units were built in Miami.

Persons: —, Craig Studnicky, Studnicky, We've Organizations: ISG, Service, Dade, Miami Homes, Miami Locations: Florida, Miami, Dade County, Broward County, South Florida, Broward

☆ Behind America's divided economy: Booming luxury travel and a jump in 'relief' loans
▼ + stars: | 2024-05-10 | by ( Alex Harring | ) www.cnbc.com time to read: +11 min

First-class travel has exhibited special strength, though management noted that can be tied in part to a resurgence of business trips. People taking these loans are more likely to be lower-income with no more than a high school diploma, Lanier said. Daniel Acker | Bloomberg | Getty ImagesFrozen food maker Tyson Foods has seen consumers shifting more to eating at home than the quick-service restaurants it supplies. It's also important to remember that lower-income Americans were feeling financial pressures before the pandemic, said Tyler Schipper, an associate professor of economics at the University of St. Thomas in Minnesota. Airbnb touted interest in travel to events like the Paris Olympics and the European Cup in Germany this summer.

Persons: there's, It's, Christophe Le Caillec, underscoring, Blair Lanier, Lanier, McDonald's, Tyson, Daniel Acker, Tyson Foods, Stanley Black, Decker, Jane Fraser, CNBC's Sara Eisen, Fraser, Nancy Lazar, Piper Sandler, Tyler Schipper, Thomas, Schipper, Eric Thayer, We've, Cliff Pemble Organizations: TSN, American Express, Federal Reserve, CNBC, People, University of Michigan, San Francisco Federal Reserve, U.S, PepsiCo, Bloomberg, Getty, Tyson, Management, Adobe Analytics, Furniture, Citigroup, University of St, Airlines, Delta Air Lines, JetBlue Airways, Caribbean . Booking Holdings, Paris Olympics, European, Ticketmaster, Cedar Fair, Flags, Wayfair, Garmin Locations: America, U.S, Minnesota, New York, Germany, Valencia , California

While he pulled back his price target to $26 from $32, the new target still indicates shares surging 126% from Wednesday's close. Fox's fiscal third quarter results came above Rief Ehrlich's expectations, which she noted were encouraging "amid a difficult linear advertising environment." — Fred Imbert 5:50 a.m.: Wall Street on the sidelines for Airbnb Airbnb's weaker-than-expected forward guidance has analysts worried about the company's growth outlook. Post pulled back his price target by $8 to $160, just 1.3% above where shares closed on Wednesday. Meanwhile, analyst Eric Sheridan moved his price target slightly higher to $130 from $123, suggesting around 18% downside.

Persons: Raymond James ., Jefferies, Dushyant Ailani, Ailani, — Hakyung Kim, Jessica Reif Ehrlich, … Fox, Davidson downgrades, Davidson, Tom White, Tripadvisor, we'd, White, Hakyung Kim, Raymond James Cheesecake Factory, Raymond James, Brian Vaccaro, Vaccaro, Andrew Boone, Shopify, Boone, Fred Imbert, Airbnb, LSEG, Morgan Stanley, Brian Nowak, Nowak, Bank of America's Justin Post, Post, Goldman Sachs, Eric Sheridan Organizations: CNBC, JPM Securities, Cheesecake, Bank of America, Fox, Media, of America, …, Factory, Cheesecake Factory, JMP Securities, Bank of America's Locations: Wednesday's, 2H24

☆ Campus Protesters Are Demanding Colleges Divest From Israel. That Is Intellectually Impossible. - The New York Times
▼ + stars: | 2024-05-09 | by ( Gary Sernovitz | ) www.nytimes.com time to read: +1 min

“Disclose, divest, we will not stop, we will not rest” is a frequent chant ringing through pro-Palestinian college protests. A proposal Columbia students put forward in December calls for divestment from Microsoft, Airbnb, Amazon and Alphabet, among others. Administrators at some universities, including Brown and Northwestern, have agreed to talks with students about divestment as part of agreements to end campus encampments. Before the war in Gaza, it had been pretty easy for universities to make compromises around divestment demands, but those expedient choices are haunting them now. Every investment in elite schools’ endowments is up for debate.

Persons: Airbnb, Brown, “, ” Organizations: Hamas, Columbia, Microsoft, West Bank, University of Michigan Regents Locations: Israel, Columbia, Northwestern, Gaza

☆ Jim Cramer predicts this falling chip stock will bounce back despite guidance concerns
▼ + stars: | 2024-05-09 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +2 min

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. "There is a sense that travel has declined a bit in the United States, and nobody is denying that," Cramer said. Cramer said investors have questions about the sustainability of Robinhood's success due to the popularity of options and crypto trading on the platform. … Last quarter was very, very good, and I think they themselves were shocked that this happened," Cramer said. Yeti Holdings : Shares popped more than 10% after the cooler and mug maker's first-quarter results topped estimates.

Persons: Jim Cramer's, Jim Cramer, Cramer, " Cramer Organizations: CNBC, Club, Arm Holdings, Nvidia, Robinhood, Holdings Locations: United States

☆ Thursday’s rapid fire: Arm Holdings, Airbnb, Robinhood, Roblox and Yeti
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThursday’s rapid fire: Arm Holdings, Airbnb, Robinhood, Roblox and YetiCNBC’s Jim Cramer on Thursday discussed the earnings reports of Arm Holdings, Airbnb, Robinhood, Roblox and Yeti.

Persons: Jim Cramer Organizations: Arm Holdings

☆ Stocks making the biggest premarket moves: Planet Fitness, Warner Bros Discovery, Yeti, Airbnb and more
▼ + stars: | 2024-05-09 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Quarterly revenue was $248 million, versus the $249.5 million expected from analysts polled by FactSet. Klaviyo guided for second-quarter revenue of $211 million to $213 million, higher than the $210 million expected from analysts polled by LSEG. AppLovin reported earnings per share of 67 cents, versus the 57 cents expected from analysts polled by LSEG. Bumble reported earnings per share of 19 cents, versus the 7 cents expected from analysts polled by FactSet. Adjusted earnings per share were 7 cents, versus the 6 cents expected.

Persons: Revenue, Klaviyo, AppLovin, AMC's, Duolingo, LSEG . Bumble —, Bumble, Warby Parker, Warby, Roblox, —, Jesse Pound, Tanaya Macheel, Alex Harring, Samantha Subin Organizations: FactSet, Warner Bros, LSEG, postmarket, Revenue, AMC, FactSet . Revenue, Wall Locations: British

☆ Here are Thursday's biggest analyst calls: Apple, Sunrun, Costco, Arm, Fox, Robinhood, Airbnb & more
▼ + stars: | 2024-05-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Thursday's biggest calls on Wall Street: Goldman Sachs reiterates Sunrun as buy Goldman said it's sticking with its buy rating following earnings on Wednesday. " JPMorgan reiterates SolarEdge as overweight JPMorgan said it's sticking with its overweight rating following earnings on Wednesday. " Citi reiterates Airbnb as buy Citi said it's standing by its buy rating on shares of Airbnb following earnings on Wednesday. JPMorgan reiterates Instacart as overweight JPMorgan said it's sticking with its overweight rating on shares of Instacart following earnings on Wednesday. Bank of America reiterates Apple as buy Bank of America said it's sticking with its buy rating following data showing App Store strength.

Persons: Goldman Sachs, Sunrun, Goldman, JPMorgan, SEDG, Shopify, Redburn, Mizuho, Robinhood, Airbnb, Davidson downgrades TripAdvisor, Raymond James, Fox, Cantor Fitzgerald, Cantor, EVGO, it's, Wolfe, Skyworks, SWKS, we're Organizations: JPMorgan, Bloomberg, Holdings, Deutsche Bank, Emerson, Deutsche, Citi, Bank of America, Fox, of America, Solutions, Barclays, UBS, Costco, Apple Locations: EBITDA

☆ Airbnb's customers keep complaining about the costs compared to hotels. The company seems to be listening.
▼ + stars: | 2024-05-09 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

Read previewWhen Airbnb started, CEO Brian Chesky said its tagline "was a cheap, affordable alternative to a hotel" — but customers aren't finding it so cheap anymore. Customers have complained on social media about the rising cost of Airbnb due to booking costs and cleaning fees. Advertisement"A year and a half ago, we noticed that, you know, there was a lot of concern about Airbnb prices increasing," Chesky said. According to the CEO, two million hosts now use the compare listing. Chesky also said Airbnb started offering monthly and weekly discounts for guests with longer stays.

Persons: —, Airbnb, Brian Chesky, you've, Chesky, it's Organizations: Service, Business

☆ Stock market today: Indexes mixed as jobless claims jump to highest since August
▼ + stars: | 2024-05-09 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +2 min

Initial claims climbed to 231,000 last week, marking the highest level since August. A handful of disappointing earnings results have come at the tail end of an otherwise upbeat season. AdvertisementMajor stock indexes were mixed on Thursday as traders mulled a fresh job report that showed the labor market cooling. A handful of disappointing earnings reports have capped off what's otherwise been a fairly upbeat earnings season. Markets will be tuned into more Fed speakers Thursday and Friday.

Persons: Stocks, —, Mary Daly, Michelle Bowman Organizations: Service, Federal Reserve, Treasury, Labor Department, Dow Jones, Warner Bros, San Francisco Fed, Dow, Nasdaq Locations: Here's

☆ Airbnb CEO on Q1 results, Icons launch: We are just scratching the surface of our core business
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAirbnb CEO on Q1 results, Icons launch: We are just scratching the surface of our core businessAirbnb co-founder and CEO Brian Chesky joins 'Squawk on the Street' to discuss the company's quarterly earnings results, the launch of 'Icons', growth outlook, international expansion, and more.

Persons: Brian Chesky

☆ Stocks making the biggest moves midday: Planet Fitness, AMC, Airbnb, Roblox and more
▼ + stars: | 2024-05-09 | by ( Alex Harring | ) www.cnbc.com time to read: +6 min

Arm — Shares of British chip designer fell 1% in volatile trading after the company issued revenue guidance that left investors unimpressed. Airbnb said revenue in its second quarter total $2.68 billion to $2.74 billion, while analysts were expecting $2.74 billion, according to LSEG. AppLovin — The mobile technology company soared 19% on the heels of better-than-expected first quarter earnings . Warby lost 2 cents a share, narrower than the consensus forecast of 9 cents per share from analysts surveyed by FactSet. Cheesecake Factory — Shares rallied nearly 9% after the chain's first quarter earnings beat estimates.

Persons: FactSet, Forthe, Klaviyo, Airbnb, AppLovin, AMC's financials, Duolingo, —, Warby Parker, Warby, Kate Spade, Roblox, That's, Raymond James, Ancora, Alan Shaw, Equinix, amortization, Charles Meyers, Samantha Subin, Yun Li, Jesse Pound, Sarah Min, Hakyung Kim, Tanaya Macheel, Michelle Fox, Scott Schnipper Organizations: LSEG, LSEG . Revenue, AMC Entertainment, Revenue, FactSet . Revenue, FactSet, Leadership, JPMorgan, Norfolk Southern, postmarket Locations: The Virginia

☆ ‘I will return to the US in an urn’: She moved to Portugal with her husband two years ago, and this American woman says she’s never coming back
▼ + stars: | 2024-05-08 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +12 min

‘Aha’ momentCynthia Wilson and her husband Craig Bjork relocated from the US to Marinha Grande, situated in the Leiria District of Portugal, just over two years ago. Community spiritThe couple celebrate Wilson's first birthday in Portugal with friends. “My Portuguese friends taught me that you have to first recognize their humanity,” says Wilson. There’s no place for that.”Wilson has warmly embraced the Portuguese way of life, particularly the focus on food, which has long been a big part of her life. Doing something odd.”Wilson and Bjork say that they’ve had “zero problems” since relocating to Portugal and couldn’t be happier.

Persons: CNN — They’d, Cynthia Wilson, Craig Bjork, Wilson, –, I’ve, ” Wilson, ”, Bjork, “, it’s, Wilson's, ’, Cynthia Wilson “ Retirement’s, that’s, I’m, hasn’t, ” “, ‘, they’ve, Dulce Silva, Sérgio Carvalho, grandly, Rainha Joia, Maria da Silva, Cynthia Wilson Wilson, “ There’s, couldn’t Organizations: CNN, CNN Travel, Facebook Locations: Portugal, Europe, Seattle, Estonia, Marinha, Leiria District, Lisbon, Kansas, Wichita , Kansas, Marinha Grande, Porto, Algarve, San Francisco, Manhattan, Florabela, America, “

☆ Stocks making the biggest moves after hours: Airbnb, Robinhood, Arm Holdings, Equinix and more
▼ + stars: | 2024-05-08 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in extended trading:Airbnb — The hoteling company issued disappointing forward guidance, dragging shares down 8%. Airbnb said second-quarter revenue would range between $2.68 billion and $2.74 billion, but analysts were calling for $2.74 billion, per LSEG. Robinhood reported earnings of 18 cents per share on revenue of $618 million, while analysts polled by LSEG expected 6 cents in earnings per share and $549 million in revenue. Klaviyo expects revenue in the current quarter of $211 million to $213 million, while analysts polled by LSEG expected $210 million. Second-quarter revenue guidance was also weak, ranging between $250 million and $280 million, versus analysts' estimates for $306 million.

Persons: Airbnb, Robinhood, LSEG, Equinix, FactSet, AppLovin, SolarEdge Organizations: Wall, Arm Locations: Ankara, Turkey

☆ Dow futures are little changed after index posts sixth straight positive day: Live updates
▼ + stars: | 2024-05-08 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Futures linked to the Dow Jones Industrial Average hovered near the flatline Wednesday evening after the 30-stock index posted its sixth consecutive winning day. S&P 500 futures hovered near the flatline, while Nasdaq 100 futures fell 0.1%. During regular trading Wednesday, the S&P 500 inched slightly lower to close near the flatline, while the Nasdaq Composite slid about 0.2%. A slate of falling tech stocks weighed on the indexes, including Uber and Shopify , both of which had recently reported quarterly results. Investors will next turn their attention toward quarterly results from Warner Bros Discovery and Akamai Technologies on Thursday.

Persons: Airbnb, Uber, Dow, Josh Brown, we've Organizations: Dow Jones, Dow, Nasdaq, Ritholtz Wealth Management, Warner Bros Discovery, Akamai Technologies

☆ I quit my finance job and became an Airbnb host in Italy. I have no regrets about choosing happiness over money.
▼ + stars: | 2024-05-08 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +6 min

Anton Govor left his corporate finance career to become an Airbnb host on Lake Garda in Italy. I visited Lake Garda for the first time when I was 21The main guesthouse at GardaDoma. Courtesy of GardaDomaDuring a drive from Munich to Florence, I stopped in Lake Garda completely by chance. AdvertisementI chose to leave my finance career behindIn December 2018, my second son was born at Lake Garda, and I took parental leave at our house. I devote 1 to 4 p.m. to property maintenance and planning the dinner menu with our work family, who take shifts in cooking.

Persons: Anton Govor, Govor, he's, —, It's, Ernst & Young, Brenzone, Airbnb Organizations: Garda, Service, Ernst &, MOEX Group, Lake Garda Locations: Italy, Brenzone sul Garda, Moscow, Lake, Munich, Florence, Europe, Russia, Easter

☆ Airbnb beats earnings expectations for first quarter but offers weaker-than-expected guidance
▼ + stars: | 2024-05-08 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Airbnb reported first-quarter results on Wednesday that beat analysts' estimates but offered weaker-than-expected guidance. Here's how the company did, compared with consensus expectations from LSEG:Earnings per share: 41 cents vs. 24 cents expected41 cents vs. 24 cents expected Revenue: $2.14 billion vs. $2.06 billion expectedRevenue increased 18% from $1.82 billion a year earlier. Gross booking value, which Airbnb uses to track host earnings, service fees, cleaning fees and taxes, came in at $22.9 billion in the first quarter. Airbnb app downloads in the U.S. in the first quarter increased 60% year over year. Airbnb said it ended the quarter with its "highest number of active listings yet," and they increased 15% from a year earlier.

Persons: Airbnb, StreetAccount, Gross Organizations: Asia Locations: Los Angeles , California, North America, America, U.S

☆ 4 realistic steps to starting a passive income side hustle: What social media may not tell you
▼ + stars: | 2024-05-08 | by ( Megan Sauer | ) www.cnbc.com time to read: +6 min

Starting a passive income side hustle may look quick and easy on TikTok. Make It spoke with a group of experts who've built passive income businesses and scaled them into six-figure successes. JP Mancini II turned his boat chartering side hustle into mostly passive six-figure income. Ryan Hogue, 35, left his web development career in 2020 to focus on building passive income streams. DON'T MISS: The ultimate guide to earning passive income online After roughly a year, Torres left her engineering role.

Persons: Jannese Torres, D'Lites, Dinero, podcaster, JP Mancini, Florida —, JP Mancini II, Mancini, Ryan Hogue, Ryan Hogue Gamifying, Hogue, Rather, Torres, Jasmine McCall, McCall Organizations: CNBC, SXSW Locations: Hampton , Virginia, Key West, Florida, Puerto Rican

☆ TikTok is taking the US government to court in a showdown of free speech vs. national security
▼ + stars: | 2024-05-08 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . And the knock-on effects extend beyond TikTok, impacting everything from President Joe Biden's reelection campaign to Apple and Tesla . AdvertisementTikTok, Tyler Le/BIThe TikTok-US government fight pits two pillars of American society against each other: free speech and national security. 3 things in businessDeliormanli/Getty, Olivier Verriest/Getty, Andrei Akushevich/Getty, Tyler Le/BIIn other newsAdvertisementWhat's happening todayToday's earnings: Airbnb, Uber, and other companies are reporting .

Persons: —, swiping, Tyler Le, ByteDance, Dan Whateley, Geoff Weiss, Joe Biden's, It'll, TikTok, hasn't, haven't, Fallon, Jane Fraser isn't, Fraser, Piper Sandler, Michael Kantrowitz, Josh Edelson, Isabel Fernandez, Mark Zuckerberg, Zuckerberg, Getty, Olivier Verriest, Andrei Akushevich, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Apple, Chinese Communist Party, Big Tech, Getty, Pujol, Associated Press, Facebook Locations: France, China, Beijing, Citadel, Millennium, AFP, New York, London

☆ Wall Street analyst jumps to Disney's defense — plus, why Broadcom is bucking the chip decline
▼ + stars: | 2024-05-08 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Both Arista and Broadcom are on the Ethernet side of AI networking," Jim Cramer said. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, we'll, Laxman, Narasimhan, Howard Schultz, Jim Cramer's, Jim Organizations: CNBC, Dow, Dow Jones, Nasdaq, Broadcom, Arista Networks, Arista, Starbucks, Barclays, Disney, Arm Holdings, Warner Bros, Constellation Energy, Jim Cramer's Charitable

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