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☆ What's driving this multiday rally, plus Jim Cramer's quick takes on 4 stocks
▼ + stars: | 2024-05-06 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 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. Stock gains continue: The market is higher on Monday, extending its gains over the past three sessions to nearly 3%. 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, Jerome Powell, overbought, Jim Cramer's, Jim, Mellody Hobson, Howard Schultz, Laxman Narasimhan, Eli Lilly, Amgen, Lilly, Christian Organizations: CNBC, Stock, Starbucks, Worldwide Developers Conference, VisionPro, Nvidia, pharma, FDA, Simon Property Group, Club, Rockwell Automation, Jim Cramer's Charitable, Apple, Getty Locations: WWDC, Hamburg, Germany

☆ Jim Cramer says Apple stock could go even lower but sees plenty of reasons it shouldn't stay down
▼ + stars: | 2024-04-23 | by ( Morgan Chittum | ) www.cnbc.com time to read: +3 min

Apple stock has had a lackluster 2024 so far — dropping over 13% since the start of the year. AAPL YTD mountain Apple YTD What's next for Apple stock? 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, Apple, Jim, Jeff Marks, Jim Cramer's, Christian Organizations: Apple, Research, Huawei, China, U.S, Apple's, Conference, CNBC, Getty Locations: China, Shenzhen, India, Hamburg, Germany

☆ JPMorgan sees AI-enabled iPhones creating a 5G-like upgrade cycle. What a boom like that would mean for Apple stock
▼ + stars: | 2024-04-14 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

What will it take to get Apple stock and iPhone sales out of their slumps? Although details on Apple's AI offerings are limited, management's track record has shown that new innovative features to Apple's devices will improve the overall user experience. We expect to learn more about Apple's AI strategy during the company's annual Worldwide Developer Conference (WWDC) in June. Apple stock continued modestly higher on Friday — bucking a sharp sell-off in the overall market that was led by a major reversal in tech. The Club did sell some Apple, along with seven other big tech stocks, on the first trading day of the new year .

Persons: —, hasn't, Jim Cramer, Jim, Jim said, Tim Cook, Jim Cramer's, Christian Organizations: Apple, Wall Street, JPMorgan, Club, Developer Conference, Bloomberg, Justice, CNBC, Getty Locations: AAPL, China, U.S, Apple, Hamburg, Germany

☆ The night train revolution has been hailed as an alternative to airplanes. Here’s how that’s going
▼ + stars: | 2023-11-12 | by ( Ben Jones | ) edition.cnn.com time to read: +13 min

Wherever they run, night trains are complicated, labor intensive and expensive to operate – one of the major reasons they went into decline in the first place. The $770 million contract could eventually see up to 370 new overnight carriages introduced to update Italy’s entire overnight train fleet. “Politicians must be clear: the night train market will be effectively closed for a very long time,” he says. So, what does all this mean for the much-vaunted night train revolution? With the honorable exception of government-subsidized Nightjet, which plans to expand rapidly over the next five years, European night train services have yet to match the hype.

Persons: Love, James Brown, David Bowie, Ray Charles, –, they’ve, Charisius, Agatha Christie, James Bond, Mark Smith, ”, “, ÖBB, “ Superliner, Kuleshova, Smith, it’s, Alex Halada, Nick Brooks Organizations: CNN, Orient Express, Austrian Federal Railways, Swiss Federal Railways, Deutsche Bahn, Italian State Railways, Amtrak, California Zephyr, European, Bloomberg, Getty, Regiojet, Compagnie Internationale des, VIA Rail, European Union, Frankfurt, Eurostar, EU Rail, EU Locations: Europe, Russia, Scandinavia, Vienna, Hamburg, Germany, Austria, Italy, Hungary, Poland, Czech Republic, Paris, Brussels, Amsterdam, France, Sweden, Milan, Sicily, Messina, Europe’s, United States, Berlin, Stockholm, Denmark, Czech, Prague, Croatia’s, London, Dresden, Copenhagen, Barcelona, Spain, Venice, Florence, Rome, Madrid, Porto, Portugal, Edinburgh, Zurich, AFP, EU

The NewNew Polar Bear is a container ship travelling between Europe and China via the Northern Sea Route in the Arctic. On Monday, it left the Baltic Sea and entered the North Sea to head north along the Norwegian coast. The KV Sortland followed the NewNew Polar Bear at a distance of 1 nautical mile, or about 1.8 km, for about 15 hours. NewNew Shipping, the owner and operator of the NewNew Polar Bear, declined to comment when contacted by Reuters. Oslo is closely monitoring the progress of the probe in the Baltic Sea incident.

Persons: Christian, Nerijus Adomaitis, Anne Kauranen, Gwladys Fouche, Bill Berkrot Organizations: REUTERS, Rights, Norwegian Navy, KV, KV Sortland, NewNew Shipping, Reuters, Navy, Andrius, Thomson Locations: Nord, Mukran, Ruegen, Rights OSLO, HELSINKI, Norwegian, Gulf of Finland, Norway, Russian, Baltic, Europe, China, Bergen , Marine, NewNew, Oslo, Helsinki, Andrius Sytas, Vilnius, Beijing

☆ Wacken: German heavy metal festival halts admissions as rain turns site to mud
▼ + stars: | 2023-08-02 | by ( Sophie Tanno | ) edition.cnn.com time to read: +2 min

CNN —A heavy metal festival in Germany has been forced to halt admissions after heavy rain turned the site into a mud bath. The Wacken Open Air festival is an annual event which takes place in fields outside the village of Wacken in northern Germany, attracting tens of thousands of heavy metal music-lovers. In a statement posted on the festival’s website, organizers said that “considering the weather conditions, the reasonable visitor capacity for Wacken Open Air 2023 has now been reached. The festival was set to see 150 bands perform on eight stages over a period of four days. Iron Maiden, Megadeth and Pennywise are among the bands scheduled to perform at the event, which wraps up on Saturday.

Persons: Christian, ”, Pennywise, revelers Organizations: CNN, Wacken, dpa Locations: Germany, Wacken

☆ Blind and other anonymous forums are 'places of pure misery,' says Redfin's CEO – but also let workers 'speak truth to power'
▼ + stars: | 2023-07-30 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

The CEO of real estate brokerage Redfin said anonymous forums are "places of pure misery." "Anonymity lets us slander one another without consequences, but it's also the only way to speak truth to power," Kelman said. "That led us to think there's a need for a third-party forum where people have the freedom to talk honestly about work," Kim said. "I was living there for six months and met with Amazon employees and signed them up in person – that's how we started flying." He also hosted parties and barbecues and invited Amazon workers so Blind could get more signups through word-of-mouth.

Persons: Redfin, Glenn Kelman, they're, Kyum Kim, it's, Kelman, Kim, Andrew Bosworth, Christian Charisius, Redfin didn't Organizations: Service, Meta, Twitter, Microsoft, Google, Korean, Amazon Locations: Wall, Silicon, Korea, California, Seattle

☆ New propellers with looped blades could help make the oceans quiet again, sparing both marine life and the climate
▼ + stars: | 2023-04-19 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +9 min

Sharrow Marine sells them for small boats but would need to scale up to reach the shipping industry. A traditional ship propeller that has blades in a screw-like form. That's what Sebastian realized when he put loop propellers on a drone. Sharrow began selling propellers to recreational boaters in 2020 through a company he founded called Sharrow Marine. Testing led by the company BoatTEST found that the Sharrow Propeller was up to 30% more efficient than a standard blade propeller.

☆ A 1960s-era cannon is 'kicking ass' against Russia's drones, but the country that makes ammo for it won't send more to Ukraine
▼ + stars: | 2023-04-19 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +10 min

But Switzerland, where Gepard ammo is made, is not allowing more of that ammo to be sent to Ukraine. The Gepard SPAAGA German Gepard anti-aircraft tank during an exercise near Munster in June 2007. German defense company Krauss-Maffei Wegmann built 570 Gepards between 1963 and 1980 — 420 for the German Bundeswehr, 95 for the Dutch army, and 55 for the Belgian army. Kay Nietfeld/picture alliance via Getty ImagesAfter being criticized for its reluctance to send heavy weaponry to Ukraine, the German government promised some 50 Gepards to Ukraine in April 2022. In February, German Defense Minister Boris Pistorius announced that German firm Rheinmetall would restart ammo production for the Gepard.

☆ Nike is facing a PR nightmare as Kyrie Irving, Ja Morant, and now Tom Sachs face scandals – but experts say partnerships with celebs and athletes will never go away
▼ + stars: | 2023-03-14 | by ( Matthew Kish | ) www.businessinsider.com time to read: +8 min

Curbed published a blistering story about Tom Sachs, a Nike collaborator, this week. As long as companies have partnered with celebrities, some endorsement deals have run aground, said Coresight Research CEO and founder Deborah Weinswig. Longtime sportswear industry analyst Matt Powell, who recently founded Spurwink River, said endorsement deals are "fraught with peril." "I thought for a while that brands were moving away from real celebrity endorsements," he told Insider. "We're talking about a very, very small percentage of celebrities who get endorsement deals who have that halo effect," Herzog said.

☆ Inside the fierce debate over clean hydrogen, with $100 billion in federal subsidies on the line
▼ + stars: | 2023-03-03 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +13 min

The impact of the tax credit on emissions reductions depends on how federal agencies implement it. On one side of the debate, some energy providers say that making the rules too strict could kill the clean hydrogen industry before it ever gets off the ground. CERAWeek returned in-person to Houston celebrating its 40th anniversary with the theme "Pace of Change: Energy, Climate, and Innovation." This hourly approach to energy accounting has been adopted by Google, which has been a forerunner in adopting clean energy, for example. In the long run, Garabedian says, his stance is about protecting his company, the industry's reputation, and the tax credit.

☆ Meta technology chief Bosworth implies company has lost focus
▼ + stars: | 2023-01-31 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +2 min

Bosworth's post landed just days before Meta's fourth-quarter earnings report, which is to be released after the bell on Wednesday. The Facebook parent company is expected to report its third consecutive quarterly sales drop, with analysts projecting another decline in the first quarter. Bosworth was promoted to the top tech post in 2021, replacing Mike Schroepfer, who had been with the company since 2008. While he acknowledged that he doesn't miss startup life, "I do miss the profound sense of focus," Bosworth wrote. In contrast, using nonprofits as an example, he noted that in the early days of the company employees would ask Zuckerberg to support a group or cause.

☆ EU's planned reforms aim to better protect power bills from market swings
▼ + stars: | 2023-01-23 | by ( Kate Abnett | ) www.reuters.com time to read: +2 min

REUTERS/Christian CharisiusBRUSSELS, Jan 23 (Reuters) - European Union proposals to overhaul its electricity market will attempt to better protect consumer energy bills from short-term swings in fossil fuel prices, the European Commission said on Monday. "We need to make the electricity market design fit for the future, allowing it to deliver the benefits of affordable clean energy to everyone," EU energy commissioner Kadri Simson said. The EU proposal will aim to expand Europe's use of long-term contracts that provide power plants with a fixed price for their electricity - "contracts for difference" (CfD) and power purchase agreements (PPA), the Commission said. Expanding these types of contracts would create a buffer between energy consumers and volatile prices in short-term energy markets, yielding more stable energy bills for households and companies, it said. EU countries and lawmakers will negotiate the final power market reforms.

☆ Former concentration camp secretary, 97, convicted of Nazi war crimes
▼ + stars: | 2022-12-20 | by ( ) www.reuters.com time to read: +3 min

[1/10] Defendant Irmgard F., a former secretary to the SS commander of the Stutthof concentration camp attends her trial in a courtroom in Itzehoe, Germany, December 20, 2022. Christian Charisius/Pool via REUTERSBERLIN, Dec 20 (Reuters) - A 97-year-old woman who worked as a Nazi concentration camp secretary was convicted on Tuesday for her role in the murder of thousands of people, in what could be one of the country's last trials for World War Two crimes. Some 65,000 people died of starvation and disease or in the gas chamber at the camp in Stutthof, near Gdansk in today's Poland. Furchner was wheeled into court wearing a cream-coloured winter coat and beret, and with a blanket over her lap. "Only a secretary, you might say, but the role that even a secretary had back then in the bureaucracy of a (concentration camp) is a significant one," Wantzen said.

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