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Meme stocks are in the spotlight this week. These so-called meme stocks, which gained popularity through social media platforms like Reddit and X (formerly known as Twitter), have attracted retail investors looking to make a quick profit. Future of meme stocks One analyst, who has previously been bearish on GameStop and tech stocks, said that while fundamentals for the stock have improved, GameStop is still in the "danger zone." 'Danger zone' stocks Here are some other stocks Trainer says is in his "danger zone" list, which also includes his "zombie stocks." He cited its "continuing deterioration" of its fundamentals, including its "unsustainable" expenses and steady cash burn.
Persons: David, Trainer, DoorDash's, Yun Li Organizations: GameStop, AMC, CNBC Pro, AMC Entertainment Holdings, Tilray
Billionaire investor David Tepper's hedge fund increased its bets on Chinese tech stocks during the first three months of 2024, while dialing back exposure to some key domestic names. Appaloosa Management's quarterly report on Wednesday showed that Alibaba is now its top holding after buying several hundred million dollars worth of shares. The fund also revealed that it holds put options against Microsoft , which could indicate more selling in the second quarter. Outside of technology, Appaloosa exited a small position in hospital stock HCA Holdings and added a small position in Boeing . Chinese tech stocks have been trending higher, however, with the KWEB up 19% in the second quarter.
Persons: David Tepper's, Tepper Organizations: PDD Holdings, Baidu, Adobe, iShares FTSE, CSI China Internet, Microsoft, Holdings, Boeing, Quarterly, Carolina Panthers Locations: ., iShares FTSE China
And what about those zombie campaigns in both parties’ presidential races? Nikki Haley had a pretty good night for a candidate who long ago dropped her campaign for the Republican presidential nomination. Here are four takeaways:In Maryland, a potential history maker beats the money. In a showdown between money and history, history won. Democrats initially were happy to have Mr. Trone as their nominee, knowing they wouldn’t have to spend a dime for him in the general election.
Persons: Nikki Haley, David Trone, Angela Alsobrooks, Ben Cardin, Larry Hogan, Trone Organizations: Republican, Democratic, Maryland Locations: Maryland, West Virginia, Nebraska
Read previewRep. David Trone, one of the wealthiest members of Congress, spent over $60 million of his own fortune to try to win a Democratic Senate primary. With nearly 40% of all votes in, Prince George's County Executive Angela Alsobrooks is projected to have defeated Trone in Maryland's Democratic US Senate primary, according to Decision Desk HQ. Schumer can't afford to lose the Senate seat if he wants to keep the party's slim majority in the chamber. Related storiesAnd Alsobrooks — who was endorsed by Maryland Democratic heavy hitters including Gov. Republicans see Montana and Ohio as their top Democratic Senate targets this year, while also looking to compete in Arizona, Michigan, Nevada, Pennsylvania, and Wisconsin.
Persons: , David Trone, Angela Alsobrooks, Trone, Alsobrooks, Larry Hogan, Hogan, Chuck Schumer, Schumer, Alsobrooks —, Wes Moore, Sen, Chris Van Hollen, Steny Hoyer —, Maryland doesn't, West Virginia Sen, Joe Manchin's Organizations: Service, Democratic Senate, Associated Press, Democratic, Senate, Republican, Business, GOP, Democrat, Wine, Democratic Party, Maryland, CNN, Republicans, Maryland Democratic, Gov, CBS, WUSA9, The Washington Post, West Virginia, Maryland — Locations: Prince George's, Maryland, Trone, Washington, Montana and Ohio, Arizona , Michigan, Nevada , Pennsylvania, Wisconsin
Maryland U.S. Senate Primary Election Results
  + stars: | 2024-05-14 | by ( ) www.nytimes.com   time to read: 1 min
Larry Hogan, a former two-term Maryland governor and an unabashed G.O.P. critic of Donald J. Trump, is the favorite in a crowded Republican primary for a U.S. Senate seat being vacated by Benjamin L. Cardin, a longtime Democratic incumbent. In the Democratic primary, Angela Alsobrooks, the Prince George’s County executive, is facing Rep. David Trone, a third-term congressman and owner of Total Wine & More, an alcohol retailer.
Persons: Larry Hogan, Donald J, Trump, Benjamin L, Cardin, Angela Alsobrooks, Prince George’s, David Trone Organizations: Republican, U.S, Senate, Democratic Locations: Maryland, Prince George’s County
CNN —The Atlanta Hawks will be selecting first in the 2024 NBA Draft after winning the Draft Lottery conducted at the McCormick Place Convention Center in Chicago on Sunday. Atlanta had a 3% chance at landing the top pick after finishing 10th in the Eastern Conference this season with 36-46 record. The Hawks have never had the first pick since the NBA moved to a Draft Lottery in 1985. The Washington Wizards, who were tied with the Detroit Pistons for the highest odds to land the top pick at 14%, will have the second pick. The 2024 NBA Draft will take place from June 26-27, in the first-ever two-day event at Barclays Center in Brooklyn, New York.
Persons: David Thompson, Victor Wembanyama, Alex Sarr Organizations: CNN, The Atlanta Hawks, Sunday, Atlanta, Eastern Conference, Hawks, Orlando Magic, NBA, Washington Wizards, Detroit Pistons, Houston Rockets, San Antonio Spurs, Pistons, Barclays Center Locations: McCormick, Chicago, N.C . State, Brooklyn , New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe low-income consumer is still spending, says BofA's David TinsleyDavid Tinsley, senior economist at the Bank of America Institute, joins 'Power Lunch' to discuss the health of the consumer and their spending habits.
Persons: BofA's David Tinsley David Tinsley Organizations: Bank of America Institute
At Morehouse College in Atlanta, discontent over the Gaza war has played out relatively quietly, in classrooms and auditoriums rather than on campus lawns. “This should not be a place that cancels people regardless of if we agree with them,” David Thomas, the Morehouse president, said in an interview on Thursday. Mr. Richmond does not think Mr. Biden will face protests. “The Morehouse College graduation, at least as I remember it, is a very solemn event,” he said. Roughly 75 percent of students at H.B.C.U.s, including 50 percent of Morehouse students, are eligible for the Pell Grant, a federal aid program for low-income students.
Persons: Biden, Kamala Harris, Biden’s, Stephen K, Morehouse —, Martin Luther King Jr, , ” David Thomas, Christian Monterrosa, Morehouse, Cedric Richmond, Richmond, , , That’s, Harris, Mekhi Perrin, ” Mr, Perrin, Mr, King, Benjamin Bayliss, Dr . King, Morehouse ”, Pell Grant, Dillard, Walter Kimbrough, Young, Donald J, Freddrell Rhea Green II, Donald Trump, ” “ Joe Biden, Samuel Livingston, Auzzy, Byrdsell, Raphael Warnock of, Warnock, ” Kitty Bennett Organizations: Morehouse College, Morehouse, White House, Black, Democratic Party, The New York Times, White, Democratic National Committee, Mr, Howard University, Gaza, George Mason University in, “ Morehouse, Dillard University, Trump, , West Bank, Credit Locations: Atlanta, Gaza, Morehouse, George Mason University in Virginia, , H.B.C.U.s, Columbia, New Orleans, Palestinian, Raphael Warnock of Georgia
Read previewNcuti Gatwa has addressed the backlash from "Doctor Who" fans criticizing the sci-fi series for leaning into diverse casting and storylines. It's just really sad for them," he added. The Doctor (Ncuti Gatwa) and Ruby Sunday (Millie Gibson). "But it warms my heart to know that little Black kids out there will be like, 'Oh, I can be The Doctor,'" Gatwa added. The new "Doctor Who" season is being treated as a rebranding of sorts for the franchise — it's being referred to as both season 1 and season 14.
Persons: , Who, Gatwa, It's, David Tennant, Jodie Whittaker's, Ruby, Millie Gibson, Russell T, Davies, You've Organizations: Service, Business, NPR, inclusivity, BBC Studios, Disney, Daily Locations: British
It’s an unfamiliar question for deep-blue Maryland, which hasn’t had a Republican senator in nearly four decades. But the state’s typically sleepy Senate race has heated up this year after Larry Hogan, the popular former two-term Republican governor, decided to run. Now Democrats across the state are wringing their hands trying to figure out which of their candidates has a better shot at defeating Mr. Hogan. Perhaps because of the heightened stakes, the contest has turned increasingly negative as it has tightened, splitting Democrats in Congress and beyond. While congressional leaders have endorsed Mr. Trone, all but one Democrat in the state’s congressional delegation are backing Ms. Alsobrooks.
Persons: Chuck Taylor, Angela Alsobrooks, hasn’t, Larry Hogan, Hogan, Alsobrooks, Prince George’s, David Trone, Trone Organizations: United States Senate, Republican Locations: Maryland
“The Morehouse College graduation, at least as I remember it, is a very solemn event,” he said. Dr. King said it was a place where he had advanced his understanding of nonviolent protest and moral leadership — which current Morehouse students say they take seriously. Roughly 75 percent of students at H.B.C.U.s, including 50 percent of Morehouse students, are eligible for the Pell Grant, a federal aid program for low-income students. More than 80 percent of Morehouse students receive some form of financial aid. Some students at Black colleges also may decide against protesting because of family pressure, which amplifies the importance of securing their degrees.
Persons: Biden, Kamala Harris, Biden’s, Stephen K, Morehouse —, Martin Luther King Jr, , ” David Thomas, Christian Monterrosa, Morehouse, Cedric Richmond, Richmond, , , That’s, Harris, Mekhi Perrin, ” Mr, Perrin, Mr, King, Benjamin Bayliss, Dr . King, Morehouse ”, Pell Grant, Dillard, Walter Kimbrough, Young, Donald J, Freddrell Rhea Green II, Donald Trump, ” “ Joe Biden, Samuel Livingston, Auzzy, Byrdsell, Raphael Warnock of, Warnock, ” Kitty Bennett Organizations: Morehouse College, Morehouse, White House, Black, Democratic Party, The New York Times, White, Democratic National Committee, Mr, Howard University, Gaza, George Mason University in, “ Morehouse, Dillard University, Trump, , West Bank, Credit Locations: Atlanta, Gaza, Morehouse, George Mason University in Virginia, , H.B.C.U.s, Columbia, New Orleans, Palestinian, Raphael Warnock of Georgia
Silver Spring, Maryland CNN —The farmers market in this suburb of Washington, DC, was a ripe crowd for Angela Alsobrooks, who’s locked in an increasingly contentious Senate Democratic primary on Tuesday. “I would really like to see a Black woman in the Senate. If elected in November, Alsobrooks, the executive of Prince George’s County, could become only the third Black woman ever elected to the Senate. (The one Black woman currently serving — California’s Laphonza Butler — was appointed and isn’t running to stay beyond this year.) “Electing women is not just good for Maryland,” Alsobrooks told supporters assembled outside her campaign office.
Persons: Angela Alsobrooks, who’s, , Kathy Pruitt, California’s Laphonza Butler —, Alsobrooks, David Trone, , Mileah Kromer, Trone, Larry Hogan, ” Pruitt, Hogan, Brian Snyder, “ I’ve, ” —, it’s, ” Alsobrooks, ” Ellen Malcolm, , Maryland’s Barbara Mikulski, Wes Moore, Sen, Ben Cardin, Barbara Lee, Lisa Blunt Rochester, Pamela Luckett, “ It’s, that’s, he’ll, Alsobrooks hasn’t, doesn’t, Joanne Benson, Donald Trump, It’s, Prince, Krystal Oriadha, you’re, — who’s, — doesn’t, ” Benson, She’s, Glynda Carr, Black, ” Carr, hasn’t, Pruitt Organizations: Maryland CNN, Democratic, Takoma Park, Prince, Senate, Goucher College Poll, Maryland, House Democratic, GOP Gov, Maryland Gov, Saint Anselm College, Reuters, Bowie, Democrats, PAC, Washington Post, Gov, California Rep, Spring, Republicans, NBC, CNN, Capitol, , GOP, AFI, NRA, Higher Locations: Maryland, Washington, Alsobrooks, Prince George’s County, George’s, Manchester , New Hampshire, Black, America, who’s, Delaware, Prince George’s, Higher Heights
The suspects were identified in court filings as Karanpreet Singh, Kamalpreet Singh, and Karan Brar. The men are accused of conspiring “with others to commit the murder of Hardeep Singh Nijjar,” according to the filings. Authorities are currently investigating if they have ties to the Indian government – the latest development in a long-running intrigue that has fueled diplomatic tension between Canada and India. Nijjar, a Canadian citizen, was gunned down by masked men last June outside a Sikh temple in Surrey, British Columbia. Officials speak at a press briefing on Friday, May 3, regarding arrests made in the killing of Hardeep Singh Nijjar.
Persons: Justin Trudeau, Karanpreet Singh, Kamalpreet Singh, Karan Brar, , Hardeep Singh, , Trudeau, Nijjar, David Teboul, Gurpatwant Singh, Nikhil Gupta, Pannun, Gupta, ” Gupta, Pritpal Singh, Organizations: CNN, Canadian, Authorities, Government of, ” Royal Canadian Mounted Police, Indian, American Sikh Caucus Committee, FBI Locations: Canada, New Delhi, India, Canadian, Surrey, British Columbia, India’s Punjab, Government of India, United States, American
“The far side of the moon is very different from the near side,” said Li Chunlai, China National Space Administration deputy chief designer. The Yutu-2 lunar rover took an image of the Chang'e-4 lunar probe on the far side of the moon on January 11, 2019. Far side mysteriesDespite years of orbital data and samples collected during six of the Apollo missions, scientists are still trying to answer key questions about the moon. Hector Retamal/AFP/Getty ImagesChang’e-6 is just one mission heading to the moon’s far side as NASA has plans to send robotic missions there as well. Cracking the lunar codeOne of the most fundamental questions that scientists have tried to answer is how the moon formed.
Persons: Von, hasn’t, , Li Chunlai, David Trone, Bill Nelson, ” Nelson, “ We’re, Pink Floyd, Renu Malhotra, Louise Foucar, we’ve, Noah Petro, Artemis III, , ” Petro, Artemis, Malhotra, Brett Denevi, ” Denevi, Hector Retamal, Denevi, Aitken, “ it’s, CNN’s Wayne Chang Organizations: CNN, China National Space Administration, NASA, Louise Foucar Marshall Science Research, Planetary Sciences, University of Arizona, Apollo, Reconnaissance, Artemis, Soviet Union, Johns Hopkins, Getty Locations: China, Tucson, AFP, Hainan Province
Earnings season is giving analysts plenty to chew on as they learn more about the impact of macro challenges on companies. Though Wall Street is watching short-term stock moves spurred by quarterly results, the top analysts have their eyes on companies' long-term prospects. Bearing that in mind, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Despite Netflix's growth investments, the analyst expects an improvement in operating margin this year and beyond. Looking ahead, the analyst is positive about the company's ability to maintain annual revenue growth in the mid-teens, along with a very capital-efficient growth model.
Persons: Brian Pitz, Pitz, TipRanks, Goldman Sachs, Mark Delaney, Delaney, Baird, David Tarantino, Tarantino Organizations: Netflix Netflix, BMO Capital, Netflix, CTV, General Motors, EV, TAM, U.S Locations: U.S, Canada, North America
What it’s like to be a ‘glass child’
  + stars: | 2024-04-23 | by ( Taylor Nicioli | ) edition.cnn.com   time to read: +11 min
Meneses Maples refers to herself as an adult “glass child,” the sibling of a person with a mental or physical disability. How does a glass child disappear? It is important not to assume what the needs of a glass child are, said Missud, the New York psychotherapist. More than a decade after her TEDx presentation, Meneses Maples receives messages from parents of glass children seeking her advice. Meneses Maples said she hopes to inspire research on glass children by spreading the word through presentations and workshops.
Persons: Alicia Meneses Maples, David, Mario, Meneses Maples, didn’t, , ” Meneses Maples, Antonio TEDx, Debbie Missud, Emily Holl, Missud, ” Holl, , Holl, David couldn’t, Mario didn’t, , Shelley Cook, Laura Oliverio, Cook, Andrea, ” Cook, Cook didn’t, Shelley Cook “, Al Freedman, Freedman, Jack, Cara, Jack didn’t, ” Freedman, wasn’t, Alicia, Mario Meneses, Alicia Meneses Maples Meneses Maples, ‘ Alicia, ’ ” Meneses Maples, ’ ”, Organizations: CNN, Hulu’s, Suncoast, Disney, Cure SMA Locations: Chicago, Antonio, New York City, Glenwood Springs , Colorado, York
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThree Stock Lunch: CarMax, Constellation Brands, and Zions BancorpDavid Trainer, New Constructs CEO, joins 'Power Lunch' to give Trainer's investing take on three stocks: CarMax, Constellation Brands, and Zions Bancorp.
Persons: David Organizations: Constellation Brands, Zions, Zions Bancorp
With a parade of callbacks and a twist a quarter-century in the making, “Curb Your Enthusiasm,” the HBO series starring Larry David as a heightened version of himself, ended its 20-plus-year run on Sunday. The final episode, which referenced the polarizing 1998 finale of “Seinfeld,” David’s previous show, was replete with the usual out-of-bounds commentary and cranky fixation on minutiae; David and his co-stars — Jeff Garlin, Susie Essman, J.B. Smoove, Richard Lewis — do not, by creative mandate, change. (“I’m 76 years old, and I have never learned a lesson in my entire life,” David tells a child in the episode, in the opposite of a teachable moment.) In real life, though, the cast are longtime friends, and have weathered much together, including the death of Lewis, who played himself, in February. These are edited excerpts from the conversation.
Persons: , Larry David, “ Seinfeld, , David, — Jeff Garlin, Susie Essman, Smoove, Richard Lewis —, ” David, Lewis, Jeff Schaffer, Essman —, Susie Greene, , Essman, Schaffer, askew, Latte Larry’s Organizations: HBO Locations: New York, Los Angeles
The long-running show referenced the polarizing "Seinfeld" series finale in its ending. How did the 'Curb Your Enthusiasm' series finale end? This mirrors the structure of the "Seinfeld" series finale. Related storiesLarry tells Seinfeld that "this is how we should've ended the finale," referencing the widely hated "Seinfeld" finale. Jerry Seinfeld and Larry David in the series finale of "Curb Your Enthusiasm."
Persons: Larry David's, , David, Larry, Earl Mack, Greg Kinnear, They're, Joe, Saverio Guerra, Irma, Tracey Ullman, Bruce Springsteen, Jerry, Jerry Seinfeld, George, Jason Alexander, Elaine, Julia Louis, Dreyfus, Kramer, Michael Richards, Seinfeld, Larry David, John Johnson, It's, Ken Tucker, who'd, Samuel Beckett, Tucker, Grantland Organizations: Service, HBO, New Yorker Locations: Atlanta, Massachusetts,
Hogan's political ascendency resulted in large part from his criticism of tax increases that resonated with a tax-weary electorate in his upset victory in 2014. And Hogan, who was originally elected governor by railing against tax increases endorsed by the Maryland General Assembly, has already made the Maryland race unusually competitive in the heavily Democratic state. The Maryland Senate this month largely kept his budget plan intact, despite a drop in revenue estimates announced after the governor submitted his plan. The Senate has been mostly unreceptive to the House plan, with Ferguson ruling out the corporate tax component. He's also ruled out legalizing internet gambling this year, another part of the House plan.
Persons: Larry Hogan’s, Baltimore's, Francis Scott Key, Republican hasn’t, Hogan, Bill Ferguson, ” Hogan, Del, Ben Barnes, “ I’m, Larry Hogan, ” Barnes, , ” Ferguson, David Trone, Angela Alsobrooks, Wes Moore, Ferguson, He's, Moore, haven't Organizations: Republican, Gov, U.S . Senate, Baltimore Democrat, Associated Press, Governor, Maryland General Assembly, Democratic, Washington Post, University of Maryland, Republicans, Maryland, Democratic U.S . Senate, U.S, Senate, Transportation Trust Fund, state's, , Maryland Democrats, GOP, Maryland Republican, U.S . Rep, Maryland Senate Locations: ANNAPOLIS, Md, Maryland, Baltimore, U.S, Senate, Prince George's
CNN —A federal judge on Wednesday blasted a convicted January 6 rioter for downplaying the US Capitol attack and using the kind of revisionist rhetoric that former President Donald Trump often uses on the campaign trial. “This cannot become normal… We cannot condone the normalization of the January 6 US Capitol riot,” US District Judge Royce Lamberth said while sentencing Taylor James Johnatakis to more than seven years in prison. He did not reference Trump by name while sentencing Johnatakis, but the comparisons were clear. According to evidence presented at trial, Johnatakis attended Trump’s rally on January 6 and then threatened to “break down doors” while marching toward the Capitol. He has been defiant about his actions, saying in a recent interview that “we did nothing” on January 6, and writing about the “injustice” that he and other Capitol riot defendants are facing behind bars.
Persons: Donald Trump, Royce Lamberth, Taylor James Johnatakis, Johnatakis, ” Trump, , , Martin Luther King Jr, Henry David Thoreau, ” Lamberth, Ronald Reagan, ” Johnatakis Organizations: CNN, Capitol, Trump, Sovereign, Prosecutors Locations: Washington ,
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement"If you can afford it, why wouldn't you fly in your favorite artist to perform your favorite songs rather than simply listening to covers?" He had Beyoncé perform at a celebration for his daughter's 2018 wedding, and the next year had The Chainsmokers and Chris Martin at his elder son's wedding festivities. "Generally speaking, you will never beat the thrill of having a major artist perform at your wedding. That means stars may be more amenable to playing at a wedding or corporate party than previously.
Persons: Rihanna, Anant Ambani, Radhika Merchant, , Bill Gates, Mark Zuckerberg, Ivanka Trump, India's, Mukesh Ambani, hasn't, Stuart McNeill, Craig David, Elton John, Nile Rodgers, Lady Gaga, Flo Rida, Sting, Andrea Bocelli, Kardashian, Chris Martin, it's, Ambani, Beyoncé, Alison Laesser, Alison Bryan, Keck, Usher, you'd, McNeill Organizations: Service, Business, Knightsbridge, Davos, Keck, Spotify, Apple, Forbes Locations: Gujarat, India, Baden, Chicago, New York, Dubai
Three-Stock Lunch: Tesla, Albemarle & Barrick Gold
  + stars: | 2024-03-05 | 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 EmailThree-Stock Lunch: Tesla, Albemarle & Barrick GoldDavid Trainer, New Constructs CEO, joins 'Power Lunch' to discuss plays for three stocks, including Tesla, Albemarle and Barrick Gold.
Persons: David Organizations: Barrick, Barrick Gold Locations: Albemarle
Composer, Uninterrupted: Christian Wolff at 90
  + stars: | 2024-03-02 | by ( Steve Smith | ) www.nytimes.com   time to read: +1 min
If artistic stature worked by osmosis, Christian Wolff could claim greatness based on that alone. “My father met Brahms,” he said, easing into conversation at a sturdy wooden table in the dining room of his Hanover, N.H., home. Wolff’s father was 6 or 7. Wolff’s grandfather, a violinist, conductor and professor, knew Brahms personally and professionally, he said. Wolff, who turns 90 on Friday, is associated with a different pantheon.
Persons: Christian Wolff, , Brahms, , Clara Schumann’s, Wolff’s, Robert Schumann, Wolff, John Cage, Morton Feldman, Earle Brown, David Tudor, Merce Cunningham, John Ashbery, Jasper Johns, Robert Rauschenberg Organizations: New York School Locations: Hanover, N.H, Bonn, Germany, New York
Two crypto experts debate the bull and bear cases for bitcoin
  + stars: | 2024-02-29 | 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 EmailTwo crypto experts debate the bull and bear cases for bitcoinGeoffrey Kendrick, Head of Crypto Research at Standard Chartered Bank, and David Tice, Chief Investment Officer at Ranger Equity Bear ETF, debate the outlook for bitcoin amid its year-to-date rally.
Persons: Geoffrey Kendrick, Head, David Tice Organizations: Crypto, Standard Chartered Bank, Equity Bear
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