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At noon on Tuesday, some church bells and carillons in the Netherlands didn’t sound like they usually do. Rather than solemnly tolling, they played the melody of “Europapa,” the song that was supposed to be the Dutch entry in the Eurovision Song Contest final this past Saturday. Dutch radio stations are also regularly playing the three-minute pop song, and some fans have added the hashtag “JusticeforJoost” to their social media accounts. Support is strong in the Netherlands for Joost Klein, the singer behind “Europapa,” who was a preshow favorite among Eurovision fans and bookmakers until he was disqualified just hours before the final in Malmo, Sweden. Eurovision’s organizer, the European Broadcasting Union, barred Klein from taking part after an “incident” during which he showed “threatening behavior directed at a female member of the production crew,” it said in a statement.
Persons: , Joost Klein, “ Europapa, Klein Organizations: Eurovision, European Broadcasting Union Locations: Netherlands, Malmo, Sweden
Four right-wing parties in the Netherlands said on Wednesday that they had reached a preliminary agreement to form a government that would exclude Geert Wilders, a populist politician, from becoming prime minister. But the chances of forming a government were high, and the parties’ leaders expressed optimism. “This won’t go wrong,” Caroline van der Plas, the leader of the Farmer Citizen Movement, a populist pro-farmer party, told reporters on Wednesday. In response, Mr. Wilders posted two prayer hands and a sun emoji on the social media platform X. The agreement would still largely depend on Mr. Wilders’s party, Party for Freedom, which won elections decisively last fall, sending shock waves through the Dutch political system.
Persons: Geert Wilders, Caroline van der Plas, Wilders Organizations: Farmer Citizen Movement, Party for Freedom Locations: Netherlands
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAll signs point to Mark Zuckerberg celebrating his 40th birthday on what many speculate is his brand-new superyacht Launchpad. But in the yachting world, where privacy is paramount, no party would confirm her owner. This story is available exclusively to Business Insider subscribers. Wingman, the support superyacht that he is suspected to have purchased with Launchpad, made the journey with her.
Persons: , Mark Zuckerberg, Zuckerberg, Ruben Griffioen, eSysman, Autoevolution, Launchpad, he's Organizations: Service, Business, Meta, SuperYacht Times, Marshall Locations: Panama, Fort Lauderdale , Florida, Russian, Launchpad, Feadship's, Netherlands
CNN —The Eurovision Song Contest is a glittery and eccentric spectacle that rivals the Super Bowl for its attraction to audiences. When combined with the jury vote, Israel’s impressive public vote tally saw Golan finish in fifth place overall. Despite this, the EBU has always insisted that Eurovision is an apolitical music competition between broadcasters, rather than a political competition between governments. The 2023 contest in Liverpool was a moving display of unity — so much that Liverpool’s slogan, “United By Music,” was adopted by Eurovision for all future contests. On Saturday, there was very little sense that Eurovision was “united by music.” Some fans boycotted, while others mobilized online to vote for Israel.
Persons: Louis Staples, Celine Dion, Louis Staples Louis Staples, Greta Thunberg, Eden Golan, Israel, , Lasagna, Golan, Nemo, Russia —, , Turkey, Isaac Herzog, Bambie, Joost Klein, AVROTROS, Martin Österdahl Organizations: Guardian, Rolling Stone, Wired, CNN, Super Bowl, Hamas, European Broadcasting Union, Eurovision, EBU, “ United, Music, Israel, Ukraine, Twitter, Facebook Locations: London, Slate, Switzerland, Swedish, Malmö, Gaza, Europe, Turkey, Israel, Russia, Greece, Cyprus, Ukraine, Liverpool, United Kingdom, Italy, France, Germany, Netherlands, Dutch
Switzerland wins Eurovision Song Contest amid Gaza protests
  + stars: | 2024-05-12 | by ( ) www.cnbc.com   time to read: +4 min
The completed stage for the Eurovision song contest (ESC) is pictured at the Malmo Arena, shown to the media at a press conference in Malmo, Sweden on April 25, 2024. Switzerland on Saturday won the Eurovision Song Contest 2024 in Swedish host city Malmo, beating runner-up Croatia, after having been among bookmakers' top-three to win the competition. Swiss rapper and singer Nemo, 24, won the contest with "The Code", a drum-and-bass, opera, rap and rock song, about Nemo's journey of self-discovery as a non-binary person. The Eurovision winner is awarded the contest's official glass trophy, which is shaped like a classic, old-fashioned microphone, with sand blasted and painted details. "I didn't just break the code, I also broke the trophy," Nemo said, laughing, at the press conference after the win.
Persons: Nemo, Celine Dion, Swiss revellers, Maha Nater, Lasagna, Marko Purisic, Israel's Eden Golan, Joost Klein Organizations: Eurovision, Malmo, Saturday, Moi, Protesters, European Broadcasting Union, Russia, Police Locations: Malmo, Sweden, Switzerland, Croatia, Israel, Gaza, Swiss, Zurich, Europe, Ukraine, Dutch
Chinese state media played up the warm diplomacy, with headlines proclaiming China’s “ironclad” bond with Serbia and “golden friendship” with Hungary. Both are sure to closely watch any summit between Xi and Russian President Vladimir Putin in China, expected to happen soon. Chinese leader Xi Jinping is welcomed at the airport in Belgrade on May 7 for his two-day state visit. Xi also marketed a shared worldview during his meeting with Orban in Hungary, which is a member of both the EU and NATO. Chinese leader Xi Jinping talks with Hungarian Prime Minister Viktor Orban in Budapest on May 9.
Persons: Xi, Peng Liyuan, Aleksandar Vucic, Viktor Orban, China’s, Vucic, Orban –, Emmanuel Macron, Ursula von der, Vladimir Putin, Orban, Hungary “, ’ ”, Philippe Le Corre, , Putin, Le Corre, Xi Jinping, Dimitrije Goll, Xi’s, Serbia’s Vucic, ” Vucic, Bruno Le Maire, BYD, Liu Dongshu, Vivien Cher Benko, Tamas Matura, Mark Rutte, Olaf Scholz, Matura, Von der, “ Orban, Gabor Scheiring Organizations: Hong Kong CNN, Russia, Ukraine, China, Europe …, Asia Society, Center for, Forum, Anadolu, Getty, EU, NATO, , Xi, Hong Kong’s City University ., Hungarian, Central, Dutch, Georgetown University Locations: Hong Kong, France, Ukraine, China, Belgrade, Budapest, Paris, Serbian, Hungarian, Serbia, Hungary, Europe, Russia, Russian, , Europe … Hungary, Center for China, Beijing, United States, EU, Hong, Central, Eastern Europe, Eastern, Moscow, Qatar, “ Hungary
When a company performs well and I interview its CEO on CNBC, I consider the stock's performance before fashioning my questions. Maybe the company had been poorly run and the guest is a new CEO who is turning it around. Once Wood picks a stock, that company can do no wrong, which is code for she can do no wrong. And take it from me, an old Mexican restaurant veteran, it travels better than any other restaurant chain. We should have just bought Dutch Bros. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.)
Persons: Albert Manifold, Rather, That's, Chris Gibson, Jensen Huang, Huang, Gibson, Cathie Wood, Wood, that's, Brinker, Chipotle, Chipotle execs, Taco Bell, isn't, Yum, McDonald's, Laxman Narasimhan, Howard Schultz, let's, Narasimhan, Joe, Locker, Jim Cramer's, Jim Cramer, Jim, Al Drago Organizations: CNBC, Pharmaceuticals, Nvidia, ARK, Gallup, Darden, Diageo, Brands, KFC, Taco, Taco Bell, Texas, Starbucks, Management, Bros, Dutch Bros, Jim Cramer's Charitable, Starbucks Corp, Health, Education, Labor, Bloomberg, Getty Locations: United States, U.S, Dublin, Ireland, Europe, Texas, Olive, East, Israel, Washington , DC
Just hours before this year’s Eurovision Song Contest final was scheduled to begin in Malmo, Sweden, on Saturday, the glitzy singing competition was thrown into crisis after organizers banned the Netherlands’ entry from taking part. On Friday, the Dutch musician, Joost Klein, whose songs mix pop with hyperfast beats, did not appear for a scheduled rehearsal to perform his song “Europapa,” which was then among the favorites to win. Shortly afterward, the European Broadcasting Union, which organizes the contest, said in a statement that it was “investigating an incident” involving the Dutch artist. On Saturday morning, a Swedish police spokeswoman said in an email that officers were investigating a man “suspected of unlawful threats” toward a Eurovision employee and had passed a file to prosecutors to consider charges. Eurovision organizers said in a new statement that it was Klein under investigation, and that “it would not be appropriate” for the musician to compete in Saturday’s final while a legal process was underway.
Persons: Joost Klein, Klein Organizations: European Broadcasting Union, Eurovision Locations: Malmo, Sweden, Netherlands, Dutch, Swedish
Malmo CNN —The Eurovision Song Contest was thrown into fresh turmoil Saturday when organizers disqualified the Dutch entrant hours before the grand final for a backstage incident involving a female crew member. “Swedish police have investigated a complaint made by a female member of the production crew after an incident following his performance in Thursday night’s Semi Final. While the legal process takes its course, it would not be appropriate for him to continue in the Contest,” the EBU said. The EBU said the disqualification of Klein did not involve any other performer or member another country’s delegation. Tensions brew in Malmo ahead of finalThe alleged incident involving Klein happened on Thursday evening after the second semi-final, the EBU said.
Persons: Joost Klein, , Klein’s, AVROTROS, Klein, Eden Golan, Israel, Switzerland’s Nemo, France’s, Alyona, Jerry Heil, Golan Organizations: Malmo CNN, European Broadcasting Union, Swedish Police Authority, CNN, Malmo Arena, EBU, Security, RAI, Croatia, Israel Locations: Malmo, Sweden, Israel, Russia, Ukraine, Gaza
CNN —Switzerland’s Nemo won a chaotic and politically fraught Eurovision Song Contest, triumphing in a competition in Sweden that was upstaged by controversy over the presence of Israel. But organizers the EBU (European Broadcasting Union) sharply defended Israel’s presence, and insisted the contest is non-political – a line that became increasingly untenable as artists, broadcasters and fans clashed over the presence of Israel’s singer Eden Golan. Ultimately a competitor was disqualified, just hours before the event – the Dutch contestant Joost Klein, who was kicked out of the final after an “incident” backstage. Ireland’s Bambie Thug told CNN in the build-up to the event that it was “the wrong decision” not to exclude Israel, as Russia had been two years ago. But for all the celebratory scenes that closed the show, the EBU will be relieved to see a rocky week conclude.
Persons: Switzerland’s Nemo, Eden Golan, Joost Klein, Ireland’s Bambie Thug, , Organizations: CNN, Israel’s, Malmo, Eurovision, Protesters, European Broadcasting Union Locations: Sweden, Israel, Gaza, Russia, Swedish
Eastern Ukraine, a Ukrainian Air Force MiG-29 Wild Weasel fires off an AGM-88 HARM towards a Russian radar. (Summer ‘22) pic.twitter.com/IOeu7hzUxW — OSINTtechnical (@Osinttechnical) February 8, 2024The US Air Force pioneered SEAD tactics in the Vietnam War. The term "wild weasel" originated from Project Wild Weasel. This US Air Force anti-SAM strategy used direct attacks to suppress enemy air defenses, according to the National Museum of the US Air Force. But, he added Ukraine's tactics "go far beyond the classic wild weasel missions of Anti-Radiation Missile equipped aircraft."
Persons: , UkrAF Su, McDonnell Douglas, Stuart Lutz, Gado, Seaman Anthony N, Frederik Mertens, Mertens, William LaPlante, Justin Bronk, Bronk, Russian SAMs, James Hecker, Kajsa Ollongren, Putin Organizations: Service, Ukraine's, US Air Force, Radiation, Business, Ukrainian Air Force, Air, National Museum of, US Navy, US, U.S . Navy, Communication, Hague, Strategic Studies, Radiation Missile, Defense, Washington DC, Wild, Technology, Royal United Services Institute, Russian SAM, United States Air Forces, Air Force, Space, Rygge Air Force Base, OLE BERG, Getty, Dutch Defense Locations: Ukraine's Soviet, Eastern Ukraine, Russian, Ukraine, Ukrainian, treetop, Vietnam, Libya, Iraq, Yugoslavia, London, Europe, Romania, Norway, AFP, Netherlands, Vilnius, Denmark, Crimea, Kerch
A health worker prepares a dose of the Novavax vaccine as the Dutch Health Service Organization starts with the Novavax vaccination program on March 21, 2022 in The Hague, Netherlands. Novavax on Friday said it has signed a multibillion-dollar deal with French drugmaker Sanofi to co-commercialize the company's Covid vaccine starting next year and develop combination shots targeting the coronavirus and the flu, among other efforts. Part of the deal allows Sanofi to use Novavax's Covid shot and flagship vaccine technology, Matrix-M adjuvant, to develop new vaccine products. Novavax is also entitled to royalty payments on Sanofi's sales of its Covid vaccine and combination shots targeting coronavirus and the flu. Under the deal, Sanofi will also take a less than 5% stake in Novavax.
Persons: Novavax, Sanofi, John Jacobs, Jacobs Organizations: Dutch Health Service Organization, French, CNBC, Health, Pfizer, Moderna, Sanofi Locations: The Hague, Netherlands, Novavax
The bank's price target implies more than 35% upside. Citi also increased its price target to $47 per share from $38, which implies more than 30% upside from Thursday's $36.06 close. The firm upgraded shares of the drive-through coffee company to buy from hold and raised its target price to $46 per share from $33. Dutch Bros stock has ticked up roughly 4% in 2024, lagging the broader market. The firm upgraded the conglomerate to buy and raises its price target to $115 per share from $91.13.
Persons: abate, Jon Tower, Brian Evans, TD Cowen, Cowen, Andrew M, Charles said, — Brian Evans, Chris O'Cull, Wesley Brooks, Brooks, Brandon Nispel, Nispel, Fred Imbert Organizations: CNBC, Warner Bros, Discovery, HSBC, Citi, Cheesecake, Bros, MMM
Wedbush reiterates Apple as outperform Wedbush said it's standing by its outperform rating on shares of Apple . Bank of America reiterates Palantir as buy Bank of America said it's standing by its buy rating on shares of Palantir. Bank of America initiates Apogee Therapeutics at buy Bank of America said the biotech company has best-in-class potential. Bank of America upgrades Bumble to buy from neutral Bank of America sees "multiple expansion" for the dating app company. Bank of America reiterates Walmart as buy Bank of America said it's bullish heading into Walmart earnings on May 16.
Persons: Bernstein, Wedbush, Palantir, Wells, CRNC, Stifel, TD Cowen, Morgan Stanley, Raymond James, it's, Bumble, Lear, Tesla, Oppenheimer, Guggenheim Organizations: Nvidia, Citi, Cheesecake, Apple, Worldwide, " Bank of America, Bank of America, Mizuho, Apogee Therapeutics, Warner Brothers Discovery, HSBC, TPG, of America, Dominion, underperform Bank of America, Dominion Energy, Barclays, Nike, Walmart, Supercenters, Moffett Locations: WWDC, Palantir, OW, U.S
This is in part the doing of so-called "golden visas," hugely popular residency visas for foreign investors. And they purchased more Portuguese golden visas than any other nationality in 2022. Related storiesBut as Portugal has experienced a worsening housing affordability crisis, Portuguese public opinion on golden visas has soured. Last year, the country changed the terms of its golden visa program to exclude real estate investment. Other southern European countries are following suit, similarly pointing to skyrocketing real estate prices.
Persons: , They're, they're, João Pereira dos Santos, Pereira dos Santos, Nuno Fazenda, Holger Schmieding, Schmieding, David Zorrakino Organizations: Service, Business, The New York Times, School of Economics, Finance, Queen Mary University of London, State, Tourism, Trade, Services, Bloomberg, Berenberg Bank, Getty, European Central Bank, Paris Locations: Greece, Portugal, Tourism, Lisbon, Athens, Spain, Southern Europe, Portuguese, London, Ramblas, Barcelona, Catalonia, Europe, Germany, Netherlands, France
It was a sunny afternoon in February at the height of the high season on the Caribbean island of Curaçao, but my partner, Aaren, and I were far from lounging on a white-sand beach, snorkeling over a coral reef or strolling among the Easter-egg-colored buildings of Willemstad, Curaçao’s capital and a UNESCO World Heritage site — typical activities for travelers to this former Dutch colony. Instead, on a kayak tour with Serlon St Jago, a guide from the Curaçao Rif Mangrove Park, we were learning about the country’s mangrove restoration, and the vital role mangrove habitats play in coastal resilience, protection for marine and bird species, and fighting the effects of climate change.
Persons: Serlon St Jago Organizations: UNESCO Locations: Curaçao, lounging, Willemstad, Dutch
The company's overall revenue exceeded expectations, coming in at $10.13 billion versus analysts' estimate of $10.11 billion, per LSEG. Lyft – The ride-sharing company surged 5% after the company reported faster-than-expected growth in the first quarter. Lyft reported $1.28 billion in revenue, higher than the FactSet consensus of $1.16 billion. Arista Networks – Shares jumped 7% after the company reported better-than-expected first quarter results. Teva Pharmaceuticals — Shares advanced nearly 14% after the company reported better-than-expected revenue in the first quarter.
Persons: Lyft, FactSet, Rivian, Coupang, LSEG, Twilio, , , Samantha Subin, Tanaya Macheel, Michelle Fox, Alex Harring Organizations: Technologies, Revenue, LSEG, Intel, Department of Commerce, Huawei, Lyft, Electronic Arts, EA, Farfetch, Arista Networks –, Arista, Dutch Bros, Bros, Pharmaceuticals, Management Locations: China, Korea
Reddit reported a loss of $8.19 per share on $243 million of revenue. Analysts surveyed by FactSet were expecting a loss of $8.75 per share on $214 million of revenue. Electronic Arts – The video game stock fell more than 3% after disappointing results for the fiscal fourth quarter. Cirrus Logic posted fourth-quarter adjusted earnings of $1.24 per share, exceeding the 64 cents per-share earnings analysts polled by StreetAccount anticipated. Match projected between $850 million and $860 million of revenue, while analysts surveyed by StreetAccount were looking for $882.7 million.
Persons: Reddit, FactSet, StreetAccount, Rivian, LSEG, , Fred Imbert, Michelle Fox Theobald, Yun Li, Sarah Min Organizations: Technologies, Arts, EA, Intel —, Intel, Department of Commerce, LSEG, Bros, Cirrus, Logic, Revenue, Arista Networks, Arista Locations: China
Dutch Bros. CEO Christine Barone sits down with Jim Cramer
  + stars: | 2024-05-08 | by ( Jim Cramer | ) 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 EmailDutch Bros. CEO Christine Barone sits down with Jim CramerDutch Bros. CEO Christine Barone joins 'Mad Money' host Jim Cramer to talk expansion into new regions, quarterly earnings, customer trends and more.
Persons: Christine Barone, Jim Cramer Dutch, Jim Cramer Organizations: Bros, Jim Cramer Dutch Bros
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDutch Bros. isn't just about the drinks, it's about the service, says CEO Christine BaroneDutch Bros. CEO Christine Barone joins 'Mad Money' host Jim Cramer to talk expansion into new regions, quarterly earnings, customer trends and more.
Persons: Christine Barone Dutch, Christine Barone, Jim Cramer Organizations: Christine Barone Dutch Bros
Dutch Bros CEO Christine Barone discussed her company's expansion strategy in an interview with CNBC's Jim Cramer, saying the coffee chain focuses on training employees when they go to a new market. Barone said Dutch Bros is "on the path" to 4,000 stores and hit 876 locations this quarter. Dutch Bros beat analysts' expectations when it reported earnings Tuesday evening, and shares closed 11.79% higher Wednesday. The company's success follows a weaker-than-expected quarter from competitor Starbucks . Barone, who took over as CEO in January, attributed some of Dutch Bros' success to its emphasis on customer service.
Persons: Christine Barone, CNBC's Jim Cramer, Barone, they're, Laxman Narasimhan, We've Organizations: Dutch Bros, Bros, Starbucks Locations: Dutch, Oregon, West, Florida, Texas, Tennessee, East Coast
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWednesday’s rapid fire: Shopify, Reddit, Uber, Arista Networks and Dutch BrosJim Cramer on Wednesday offered his thoughts on a five companies outside the Investing Club portfolio that recently reported earnings including Shopify and Reddit.
Persons: Jim Cramer Organizations: Arista Networks, Dutch, Wednesday, Club
Shopify : Shares tumbled around 20% after the e-commerce platform said its second-quarter gross margins were expected to be lower than the first quarter. So, do you buy Shopify? "Buy Reddit right here, and the reason why you buy Reddit is there's a shortage of places to put advertising" as more dollars leave traditional channels, Cramer said. Arista Networks : Shares rose nearly 7% after the provider of networking technology delivered better-than-expected quarterly results driven by AI spending from cloud-computing giants. Dutch Bros : Shares jumped 12% after the Oregon-based coffee chain reported a 10% increase in first-quarter same-store sales.
Persons: Jim Cramer's, Jim Cramer, Cramer, company's Organizations: CNBC, Club, Technologies, Arista Networks, Nvidia's, Nvidia, Starbucks Locations: Oregon
As he spoke, a kingfisher flew by and the sun cascaded through the windows of his 43-foot-long Dutch barge. He bought his current houseboat about six years ago for £30,000 ($38,000). Dating from 1940, the barge has an open kitchen/saloon in the bow, a bathroom with a shower and toilet, and a double bedroom in the stern. Home prices remain out of reach for many in London, with an average sale price of about 508,000 British pounds ($636,000), a 50 percent increase over the past 10 years. Meanwhile, a two-bedroom Dutch barge houseboat in the area will now run you around £190,000 ($238,000).
Persons: , Ros, he’ll Locations: London
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. 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. 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.
Persons: Jim Cramer, Jerome Powell, Jim Cramer's, Stanley Black, Decker, Cramer, Jim, That's, there's, Nelson Peltz, Peltz, We've, we'll Organizations: CNBC, Federal, Logitech, After West Texas, Energy Department, Strategic Petroleum Reserve, Susquehanna, Disney, Developers, Apple, Wynn Resorts, Arista Networks, Rivian, Occidental Petroleum, Bros, Reddit, Emerson Electric, Jim Cramer's Charitable Locations: FirstSource, After, Macao, Las Vegas, Occidental, Lyft
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