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Shares of Linde fell on Thursday after the industrial gas giant reported mixed first-quarter results and its guidance left some investors wanting more. We're not sure of the rationale for excluding it but that explains why we're not fretting about Linde's lack of guidance raise. Guidance For the second quarter, Linde projects adjusted EPS between $3.70 and $3.80, which implies 5% to 7% year-over-year growth, excluding currency impacts. As always with Linde, the midpoint of the guidance assumes no economic improvement. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Linde, , Sanjiv Lamba, Matthew White, White, Lamba, Eaton, We're, we're, Jim Cramer's, Jim Cramer, Jim, Michaela Rehle Organizations: Linde, Revenue, LSEG, Products, Management, LIN, Nvidia, CNBC Locations: Munich, Pullach, Germany
America's falling population isn't necessarily bad for the economy, Fisher Investments said. The US birth rate just fell to its lowest level in over 40 years, according to provisional CDC data. AdvertisementAmericans aren't having nearly as many kids as they used to, but that won't be the blow to the US economy that many have feared, according to Fisher Investments. Related storiesBut fewer babies being born isn't necessarily a bad thing for the economy, the firm said. "Yes, falling birth rates could have negative long-run ramifications if a true reduction in human capital and other factors don't offset this.
Persons: , Goldman Sachs, Fisher, Ken Fisher Organizations: Fisher Investments, Service, Centers for Disease, Bank
First Solar is poised for growth as demand continues to improve with surging electricity consumption from data centers acting as a catalyst for the manufacturer, according to Goldman Sachs. The firm raised its stock price target to $268 after First Solar reported another stronger quarter, which suggests the shares could log 50% upside from Wednesday's close of $177.58. First Solar CEO Mark Widmar told analysts during the company's earnings call that he is seeing a "meaningful increase in demand expectations driven in part by data center load growth." Apple , Google, Meta , and Microsoft are committed to carbon-free energy as they hyperscale data centers, Widmar said. "We'll be ready to go as quickly as possible," Widmar told analysts.
Persons: Goldman Sachs, Brian Lee, Morgan, Mark Strouse, Strouse, Wall, Mark Widmar, Widmar, Alexander Bradley Organizations: First, Google, Microsoft
A former Pennsylvania nurse who admitted that she administered excessive doses of insulin to nearly two dozen patients, 17 of whom died, was sentenced to life in prison on Thursday after pleading guilty to murder and other charges. The former nurse, Heather Pressdee, 41, administered high doses of insulin to 22 patients at five rehabilitation centers across Pennsylvania between 2020 and 2023, prosecutors said. Ms. Pressdee was initially charged in May 2023 with killing two nursing home patients and injuring a third. But in November, the state attorney general’s office came forward with additional charges after prosecutors said Ms. Pressdee admitted to trying to kill a total of 19 patients. According to the attorney general’s office, first-degree murder charges were filed against Ms. Pressdee only in cases where “physical evidence” was available.
Persons: Heather Pressdee, Pressdee, general’s, Locations: Pennsylvania
The tech is helping mental-health providers treat conditions such as depression, anxiety, and PTSD. In the face of this staggering prevalence, virtual reality offers transformative solutions in mental-health treatment and care. He uses FireflyVR's platform, The Sanctuary, a clinically designed VR experience that uses cognitive-behavioral therapy to reduce patients' anxiety before they undergo ketamine therapy. VR cue exposure, Siegfried said, helps reduce binge-eating habits by exposing people to triggering stimuli in a controlled environment. Both cue exposure and embodiment aim to address the complex psychological dynamics of eating disorders.
Persons: , Shel Mann, Mann, Dr, Christopher Romig, Stella, It's, Romig, Nicole Siegfried, Siegfried Organizations: Service, Disease Control, VR, Veterans Affairs, Behavioral
A study found linked between healthy lifestyle habits and living longer. AdvertisementHealthy lifestyle choices could help us live up to five years longer, regardless of our genetic makeup, a study suggests. At the same time, a healthy lifestyle appeared to offset the effects of genes linked to a shorter lifespan by 62%. Making favorable lifestyle choices despite having genes linked to a shorter lifespan was linked to living 5.22 years longer than those who made unfavorable choices. However, she said that the effects of lifestyle factors in the study were notable because they suggest that while we can't change our genes, healthy habits may lessen their impact.
Persons: , Liz Williams, wasn't, Williams, It's Organizations: Service, University of Sheffield, Centers for Disease Control
Peloton said on Thursday that its chief executive, Barry McCarthy, was stepping down and it would lay off more workers, as it continued to struggle in the fitness market. The connected-fitness company announced disappointing quarterly earnings on Thursday, with revenue down 4 percent from last year. The company, which has not turned a profit since December 2020, is also looking to refinance more than $1 billion in debt. Peloton had a spectacular rise at the start of the pandemic, when gyms and fitness centers closed and consumers were hungry for at-home workout options. But after gyms reopened, Peloton began to face stiffer competition from companies like Bowflex and Lululemon.
Persons: Barry McCarthy, Kevin Dietsch Organizations: Spotify, Netflix
A California company is recalling organic walnuts that were sold at natural food stores and coop retailers in 19 states because of an E. coli outbreak that has sickened 12 people and hospitalized seven, federal officials said. The recall came after the Centers for Disease Control and Prevention notified the company of 12 recorded illnesses that were linked to the walnuts. They were distributed at more than 300 food retailers, including Whole Foods Market, New Seasons Market and Rosauers Supermarkets, the F.D.A. An investigation is underway to determine the potential source of the contamination, the F.D.A. The company did not immediately respond to inquiries on Wednesday.
Persons: Gibson Organizations: and Drug Administration, Centers for Disease Control, Foods, Rosauers Locations: California, Hollister , Calif
CNN —This essay contains some spoilers for “Baby Reindeer.”The Netflix hit “Baby Reindeer” has taken the world by storm with its nuanced, painfully honest portrayal of one man’s experience of stalking and abuse. According to the US Centers for Disease Control and Prevention (CDC), “nearly a quarter of men reported some form of contact sexual violence in their lifetime. “There is a hidden epidemic of sexual violence within the queer community that is rarely visible in the media. A man some viewers mistakenly identified as the older television writer in “Baby Reindeer” has gone to the police after receiving threatening messages on social media. Whatever the legacy of “Baby Reindeer” may be, it stands as one of the boldest and most forthright explorations of male victims of stalking and sexual assault.
Persons: Sara Stewart, Sara Stewart Todd Thompson, Richard Gadd, Gadd, Donny, ” Gadd, GQ, , , ’ ”, he’d, hadn’t, , who’s, ” Jeffrey Ingold, ” Ingold, stalkers, Jessica Gunning, Martha, , he’s, it’s, Teri, she’s Organizations: CNN, Netflix, US Centers for Disease Control, Prevention, Guardian, Independent, Twitter, Facebook Locations: Pennsylvania
Nvidia-backed startup Coreweave is based in Roseland, New Jersey, with 160 employees. CoreWeave, a cloud infrastructure startup that rents out graphics processing units to companies, said Wednesday that it has raised $1.1 billion in funding. The new investment values the company at $19 billion, up from $7 billion months ago, a person familiar with the matter said. And during its earnings call on April 25, Microsoft said the company wasn't able to meet demand for AI cloud services. For now, CoreWeave only has three regions of data center infrastructure, all in the U.S.
Organizations: Nvidia, Computer, Microsoft, CNBC, Fidelity, Lykos Global Management, Amazon, Google Locations: Roseland , New Jersey, New Jersey, Paris, U.S
Microsoft has signed a deal with Brookfield Asset Management to invest more than $10 billion to develop renewable energy capacity to power the growing demand for artificial intelligence and data centers, the companies announced on Wednesday. Brookfield will deliver 10.5 gigawatts of renewable energy for Microsoft between 2026 and 2030 in the U.S. and Europe under the agreement. The 10.5 gigawatts of renewable capacity is 3 times larger than the 3.5 gigawatts of electricity consumed by data centers in Northern Virginia, the largest data center market market in the world. A Brookfield spokesperson said the deal would lead to more than $10 billion of investment in renewable energy. The scope of the deal could increase to include additional energy capacity in the U.S. and Europe, as well as Asia, Latin America and India, the companies said.
Persons: Satya Narayana Nadella, Wells Organizations: Microsoft, Brookfield Asset Management, Brookfield, Research Locations: Manhattan, New York City, U.S, Europe, Northern Virginia, Asia, Latin America, India
The one person we know of so far who has tested positive for infection (a mild case) was a Texas dairy worker. Agricultural workers have always been an underprotected population for zoonotic diseases, including influenza viruses of animal origin. So far, bird flu testing of this cohort has been woefully inadequate. The exact number of dairy workers and other people who have so far been tested for H5N1 is not publicly available at the federal level. There is no excuse to continue only limited testing of this vulnerable population.
Persons: Organizations: for Disease Control Locations: United States, Texas, slaughterhouses
CNN —The leader of the Justice Department’s civil rights division, Kristen Clarke, said in an extraordinary personal statement shared with CNN that she was a victim of years-long domestic abuse and chose not to disclose an expunged arrest record from that period during the Senate confirmation process. “Nearly 2 decades ago, I was subjected to years-long abuse and domestic violence at the hands of my ex-husband,” Clarke wrote in the statement on Wednesday. “This was a terrorizing and traumatizing period that I have sought to put behind me to promote my personal health, healing and well-being. “When given the option to speak about such traumatic incidents in my life, I have chosen not to,” Clarke wrote. Clarke said she has brought her “personal experience and perspective of being a survivor of domestic violence” to her work.
Persons: Kristen Clarke, , ” Clarke, Republican Sen, Tom Cotton, Clarke, ” Sen, Mike Lee, , CNN’s Devan Cole Organizations: CNN, Justice, Republican, The Daily, Utah Republican Locations: Utah
Hacker Aleksanteri 'Julius' Kivimäki was sentenced to over six years in prison. He was found guilty of hacking a therapy company to steal notes and blackmail thousands of patients. AdvertisementA Finnish hacker has been sentenced to six years and three months in prison after he was found guilty of stealing confidential therapy notes to blackmail thousands of patients. According to BBC News, Kivimäki demanded a ransom of more than 400,000 euros, or $426,818, from the therapy company in 2020. A trove of confidential information then surfaced on the dark web, including patients' personal details, Social Security numbers, and sensitive therapist and doctor notes from sessions.
Persons: Hacker Aleksanteri, Julius, Kivimäki, , Aleksanteri Organizations: Service, Western Uusimaa, BBC News, Associated Press, AP, BBC, National Bureau of Investigation, Health Technology, Informatics, US Department of Health, Human Services Locations: Nordic, France, Finland, bitcoin, Brunswick
Today is World Maternal Mental Health Day, and it’s time to recognize the importance of maternal mental health. She previously served as Baltimore’s health commissioner and as chair of Behavioral Health Systems Baltimore, a regional nonprofit advancing mental health and substance use disorder treatment. Dr. Leana Wen: Mental health is an essential part of overall health. Those with preexisting mental health conditions such as depression and bipolar disorder have a much higher rate of experiencing mental health issues in the postpartum period. That said, it’s also very important to recognize that postpartum depression and other mental health diagnoses in pregnancy and postpartum can occur in people who have not had mental health conditions in the past.
Persons: Leana Wen, Wen, It’s, , it’s Organizations: CNN, Lifeline, George Washington University, Behavioral Health Systems, US Centers for Disease Control, World Health Organization, US Food and Drug Administration Locations: United States
Even better, management signaled that the chemical company is moving past most of the destocking headwinds that plagued it this year. Net sales declined roughly 3% year over year to $2.9 billion, beating expectations of $2.8 billion, according to LSEG. Quarterly results Organic sales in the Electronics & Industrial business declined 2% year over year, with volume and prices both down 1%. And in Shelter Solutions, the destock looks complete after sales were flat in the first quarter and expected to rise sequentially in the second quarter. This new outlook reflects a continued electronics recovery and some easing of channel inventory destocking in industrial-based businesses.
Persons: we're, Ed Breen, Breen, Jim Cramer's, Jim Cramer, Jim, Dupont, Mark Makela Organizations: DuPont, PPG Industries, Industrial Technologies, Automotive, Electronics & Industrial, Semiconductor Technologies, DuPont's, Taiwan Semi, Samsung, Safety Solutions, Water Solutions, Solutions, CNBC, Getty Locations: bottoming, Taiwan, biopharma, Kalrez
Walmart, the world’s largest retailer, said Tuesday that it was shutting down its health care centers, a network that only last year it said it planned to expand. The retailer said in a blog post that its 51 health centers would close. The plans won’t affect the more than 4,600 pharmacies and more than 3,000 vision centers within Walmart stores. Walmart started the health-care clinic initiative in 2019 in Dallas, Ga., with centers providing primary care, labs, X-rays and electrocardiograms, counseling, and dental, optical and hearing services. In 2021, Walmart started offering a virtual option when it acquired MeMD, a telehealth provider.
Organizations: Walmart Locations: Dallas ,
Walmart will shut down the health clinics it has at 51 stores across five states. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWalmart says it will shut down the 51 health clinics it has at retail stores across five states, as well as its virtual care operation as the business has become "unsustainable." AdvertisementStaffed by physicians and licensed care providers, the clinics offered services ranging from primary care to behavioral health, as well as labs and X-rays. Virtual care was also available through walmarthealth.com.
Persons: , Walgreens Organizations: Walmart, Service, Dallas Morning News, CNBC, Dallas Morning, Amazon Locations: Georgia, Arkansas , Florida , Illinois, Texas
Sales, earnings, segment profit margin, and organic growth all came in ahead of expectations, despite some minor misses in certain operating segments. In addition to the strong headline results, Electrical Americas, its biggest division, realized another record for sales, segment profit, and segment margins — driven partly by data center demand for AI computing power. Electrical Americas achieved yet another record for sales, segment profit, and segment margins with management noting strength in the data center market. Management expects a segment margin of 22.4% to 22.8%, ahead of the 22.4% midpoint estimate. Electrical Americas achieved yet another record for sales, segment profit, and segment margins with management noting strength in the data center market.
Persons: Eaton, Parker, Craig Arnold, Arnold, Jim Cramer's, Jim Cramer, Jim Organizations: Revenue, LSEG, Hannifin, DuPont, Honeywell, Electrical, Management, Aerospace, CNBC, Eaton Corporation, NYSE, NYSE Eaton Locations: North America, Electrical Americas, U.S, Eaton, Americas
New York CNN —Walmart, the largest retailer in the United States, will close all 51 of its health care clinics in six states and end virtual health care services, the company said Tuesday. Walmart had made a big push into health care in recent years, opening clinics next to its superstores that offered primary and urgent care, labs, X-rays, behavioral health and dental work in six states — Arkansas, Florida, Georgia, Illinois, Missouri and Texas. Walmart had targeted rural and underserved areas that have a shortage of primary care facilities. The announcement is an abrupt reversal in Walmart’s strategy and may leave a gap in health care access, particularly for lower-income patients without insurance who relied on the clinics. Walmart also said it will end virtual health care services.
Persons: Organizations: New, New York CNN, Walmart Locations: New York, United States, — Arkansas, Florida, Georgia , Illinois , Missouri, Texas
Walmart opened its first Walmart Health clinic in Georgia in 2019, and then gradually opened more clinics next door to its big-box stores. Walmart struggled with high executive turnover and cycled through numerous leaders of Walmart Health. Going forward, Walmart will return to the health services it offered before the Walmart Health push: It will continue to operate its thousands of pharmacies and vision centers. Walmart Health marks the latest failed push into health care by a high-profile company, following the disbandment of a joint venture between JPMorgan Chase , Berkshire Hathaway and Amazon in 2021. Meanwhile, Amazon 's health clinic operator One Medical now has more than 125 locations nationwide.
Persons: Brett Biggs, Doug McMillon, Berkshire Hathaway, Walgreens Organizations: Walmart Health, Walmart, CNBC, CVS, Walgreens Boots Alliance, Amazon, JPMorgan Chase, Walgreens Locations: Sugar, Arkansas , Florida, Georgia , Illinois, Texas, U.S, Georgia, Florida
Tuesday, April 30, 2024: Jim Cramer says this industrial stock will see tailwinds from data centersJim and Jeff discuss the full-year outlook raise of this pharmaceutical stock. They also talk about this industrial stock ahead of its earnings call. Finally, they discuss the earnings miss for this health care stock.
Persons: Jim Cramer, Jeff
For sports fans, Paris will be the center of the universe this summer — and with 15 million Olympic and Paralympic visitors expected, it will feel like it, with crowds and high prices. But Paris isn’t the only Olympic site in France: Nine destinations outside the metro region are also hosting events, giving travelers a way to catch some action without getting caught up in the crush. In places like Bordeaux, Marseille and even Tahiti, you can watch top athletes compete in soccer, basketball, sailing and surfing. (Tickets have been added in batches, so if the ones you want aren’t available, keep checking the ticketing site, tickets.Paris2024.org. And when you’re not watching sports, you can take advantage of museums, parks, design centers, and fresh food and wine options.
Persons: Paris, you’re Locations: Paris, France, Bordeaux, Marseille, Tahiti, Nantes
To the Editor:Campus protests, some involving violence, are not new. Columbia was one of the centers of student activism during the Vietnam War, peaking in 1968, when protesters seized several university buildings. But the worst moment was on May 4, 1970, when Ohio National Guard troops killed four unarmed student antiwar protesters at Kent State University. That was then — when protests were about U.S. government policies around a totally misguided deadly war. But now we have a far different reality in which we’re seeing what amounts to an internecine clash of worldviews among different factions of students and faculty.
Organizations: Columbia, Ohio National Guard, Kent State University Locations: Vietnam
Three women contracted HIV after getting "vampire facial" procedures at an unlicensed medical spa. The CDC said these were the first known cases of people getting the virus this way. An investigation found that the spa in New Mexico reused disposable electric desiccator tips. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThree women contracted HIV after getting "vampire facial" procedures at an unlicensed medical spa in New Mexico, according to federal authorities.
Persons: Organizations: CDC, Service, Disease Control, Prevention, Business Locations: New Mexico
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