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☆ Florida mayor slams cop's 'dismissive' treatment of Gisele Bündchen after she cried over paparazzi during a traffic stop
▼ + stars: | 2024-04-27 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +1 min

Gisele Bündchen became emotional during a traffic stop in Surfside, Florida, this week. Bündchen told a police officer she was trying to evade the paparazzi "stalking" her. The Mayor of Surfside called out the cop's "dismissive" response, which he called "unacceptable." AdvertisementA Florida mayor has criticized a police officer who pulled over Gisele Bündchen for a traffic stop, calling the behavior toward the supermodel "unacceptable." Footage obtained by Fox News Digital showed Bündchen telling the officer she was attempting to escape the paparazzi following her.

Persons: Gisele Bündchen, Bündchen, — Organizations: Service, Miami Beach —, Fox News, Business Locations: Surfside , Florida, Surfside, Florida, Surfside —

☆ The AI-fueled stock market bubble will crash in 2026, research firm says
▼ + stars: | 2024-04-27 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The AI-fueled stock market bubble will burst in 2026, according to Capital Economics. The research firm said rising interest rates and higher inflation will weigh down equity valuations. AdvertisementAn artificial intelligence-fueled stock market bubble will burst in 2026, according to Capital Economics. The research firm has said that a stock market bubble, driven by investor excitement towards artificial intelligence, would drive the S&P 500 to as high as 6,500 by 2025, led by technology stocks. The expected bursting of the stock market bubble should lead to a decade of investment returns that favor bonds over stocks.

Persons: —, Diana Iovanel, James Reilly, Iovanel, Reilly Organizations: Capital Economics, Service, Capital, US

☆ The ‘outside agitator’ narrative has a long history
▼ + stars: | 2024-04-27 | by ( Harmeet Kaur | ) edition.cnn.com time to read: +13 min

In these instances, and others, authorities have not offered many specifics about who the “outside agitators” are, how significant their numbers are or how they differentiated outsiders from university-affiliated protesters. “It seems to me that the ‘outside agitator’ claim is one to shift the focus away from the grievances of the students and their protest.”The emphasis on “outside agitators,” Morris says, detracts from the central issue that is driving students to protest: Israel’s war in Gaza. ‘Outside agitator’ trope has a long historyYou don’t have to look far back in history to find examples of the “outside agitator” narrative. “We want to say as clearly as possible - we welcome ‘outside agitators’ to our struggle against the ruthless genocide of Palestinians.”Still, the use of the term is more complicated than it seems. As pro-Israel politicians have amplified concerns around antisemitism, some supporters of students’ right to free expression have suggested “outside agitators” are undermining otherwise peaceful protests.

Persons: ”, Eric Adams, Kaz Daughtry, Gregory Fenves, Aldon Morris, Morris, aren’t, ” Morris, ’, detracts, Donald Trump, Trump, George Floyd, Jose Lusi Magana, —, Kathleen Fitzgerald, White, ” Fitzgerald, Bruce Solomon, Solomon, Martin Luther King Jr, “, Emory, Ayanna Pressley, Hank Johnson, Netanyahu, ” Alex Slitz, ” What’s Organizations: CNN, New York Police Department, Columbia University, New York University, New York City, NYPD, Fox, Emory University, University, Emory, Northwestern University, Associated, AP, White House, Washington D.C, Getty, Parkland, Civil Rights Movement, University of North, Southern Christian Leadership Conference, ”, Atlanta, Spelman College, Yale University, Chapel Hill, University of Texas Locations: Gaza, New York, York, ”, Washington, AFP, Oklahoma, Ferguson , Missouri, University of North Carolina, Mississippi, Brooklyn, Jackson, Miss, Birmingham, United States, Israel, Atlanta, Georgia, Columbia, Austin

☆ 10 Years, 100 Stories: The Work That Defines the Upshot
▼ + stars: | 2024-04-27 | by ( The Upshot Staff | ) www.nytimes.com time to read: +20 min

Ten years ago this week, The New York Times introduced the Upshot, a section devoted to explaining “politics, policy and everyday life.” That’s a wide scope, by design. As a result, more than 5,000 articles later, the Upshot has been many things to many readers. To mark our 10th birthday, we’ve collected 100 stories that embody the Upshot. WordleBot Eden Weingart/The New York Times When Wordle first became popular, several people on the internet claimed, plausibly, that they had come up with the “best” opening word. Force of Ship Impact Was on the Scale of a Rocket Launch Erin Schaff/The New York Times We think of the Upshot as a place where back-of-the-envelope calculations can be both helpful and welcome.

Persons: ”, Nate Cohn’s, we’ve, Kevin Quealy, John Branch, John, Patrick Thomas, tut, Trump, pollsters, Obamacare, Leif Parsons, We’re, Jason Henry, Tony Luong, Jordan, ‘, Ruth Fremson, Laurel, ’ Rodrigo Corral, Alex Welsh, Paul Romer, Tim Enthoven, Barack Obama, epidemiologists, It’s, you’re, WordleBot Eden, Wordle, Lila Barth, McCabe, Tom Brady, ChatGPT, —, Erin Schaff Organizations: New York Times, Facebook, Yankees, Red, State Newspaper, ESPN, The Athletic, The Times, You’re, Voters, Trump, Mr, Times, Siena College, Walmart, The New York Times, Jordan Siemens, Health, New, Nike, Democratic, Twitter, America, Iowa, Iowa Democratic, Cancer, Hit, Biden, Insurance, Roe America, Disorders, Republican, Republican Party of, U.S, Budget, NASA, National, Traffic, Administration, Yorkers, Force Locations: It’s, Red Sox, State, America, Dakota, Ireland, Chipotle, Japan, U.S, United States, Siena, New Pennsylvania, District, Iowa, Covid, York City, New York, Pennsylvania, Roe, Tonga, Arizona, York, Holland

☆ Trump mocks Bill Barr while thanking him for his endorsement, calling him 'gutless' and 'lazy'
▼ + stars: | 2024-04-26 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +1 min

Donald Trump mocked Bill Barr while thanking him for his endorsement in the 2024 election. The former US attorney general has grown critical of Trump but pledged to vote Republican in November. Trump said he would withdraw a previous insult calling Barr "lethargic." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFormer US President Donald Trump mocked former US attorney general Bill Barr while thanking him for his endorsement in the 2024 presidential election race.

Persons: Donald Trump, Bill Barr, Trump, Barr, lethargic, — Organizations: Trump, Republican, Service, Fox News, Business

☆ Stocks making the biggest moves premarket: Alphabet, Microsoft, Intel, Snap and more
▼ + stars: | 2024-04-26 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Earnings of $1.89 per share topped the $1.51 in earnings per share anticipated by analysts polled by LSEG. Revenue of $80.54 billion topped expectations of $78.59 billion. Revenue of $83.08 billion topped estimates of $78.35 billion. Otherwise, Chevron's earnings of $2.93 per share topped the consensus estimate of $2.87 in earnings per share. Charter Communications — The broadband and cable provider dropped 3.4% after first-quarter earnings came in weaker than anticipated.

Persons: Snap's, Chevron's, LSEG, AutoNation, AbbVie, Skechers, FactSet, — CNBC's Michelle Fox, Alex Harring, Tanaya Macheel, Jesse Pound Organizations: Microsoft, LSEG, Intel —, Intel, Exxon Mobil, Chevron, Colgate, Palmolive, Revenue, Charter Communications, Charter Locations: LSEG .

☆ The best outfits celebrity couples wore at the Time100 Gala
▼ + stars: | 2024-04-26 | by ( Amanda Krause | ) www.businessinsider.com time to read: +1 min

A handful of celebrity couples were in attendance and showcased their most glamorous looks. Patrick and Brittany Mahomes wore diamonds, while Michael J. Fox and Tracy Pollan looked chic. From Patrick and Brittany Mahomes to Michael J. Fox and Tracy Pollan, here are the best couple outfits on the red carpet.

Persons: Patrick, Brittany Mahomes, Michael J, Fox, Tracy Pollan, — Organizations: Service Locations: New York City, Patrick

☆ Right-wing media ruptures over Marjorie Taylor Greene’s threat to oust Mike Johnson
▼ + stars: | 2024-04-26 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

New York CNN —Marjorie Taylor Greene has exposed the fault lines in right-wing media. While The Journal has showered Johnson in glowing praise, Fox News and the Post have gone different routes. Yet, it’s unlikely she will emerge from this battle victorious — a reality that has underscored the importance of Murdoch’s right-wing media empire. While the winds might not entirely favor Greene and the MAGA Media hardliners in this very moment, they do appear to be shifting. That could very well pale in comparison to what the rising, more extremist wing of right-wing media delivers in the years ahead.

Persons: Marjorie Taylor Greene, Mike Johnson’s, Rupert Murdoch, Greene, Johnson, ”, MOSCOW MARJORIE, They’ve, Steve Bannon, Donald Trump’s, Bannon, Charlie Kirk, MAGA, Trump, “, God ”, Tucker Carlson, ” Greene, Kirk, Carlson, Murdoch, Murdoch GOP kingmaker Organizations: New York CNN, Republican, MAGA Media, Fox News, Street Journal, New York, Kyiv, Post, Republican Party, Breitbart, Murdoch GOP, GOP, Trump Locations: New York, Ukraine, MAGA, Johnson

☆ For Fox News, Student Protests Are a Familiar Target
▼ + stars: | 2024-04-26 | by ( Santul Nerkar | ) www.nytimes.com time to read: +1 min

“Well, House Speaker Mike Johnson crashed Hamas’s spring break at Columbia today.”That quip came from the Fox News host Jesse Watters, who was interviewing Mr. Johnson on his prime-time show Wednesday. In response to a standoff between student protesters and the university’s president, Mr. Johnson had visited Columbia University’s campus, where students had set up encampments in solidarity with Palestinians. “So many of them, Jesse, don’t know what the heck they’re talking about,” Mr. Johnson said. Mr. Johnson’s appearance on “Jesse Watters Primetime” embodied the chiding and often adversarial tone of conservative media toward the latest wave of protests on college campuses over Israel’s campaign in Gaza. “There’s a difference between educated people and smart people,” Mike Huckabee, the former governor of Arkansas and Fox News host, said on the network Tuesday.

Persons: Mike Johnson, Jesse Watters, Johnson, Jesse, don’t, ” Mr, “ Jesse Watters, ”, “, ” Mike Huckabee Organizations: Fox News, Columbia University’s, Ivy League Locations: Columbia, Gaza, Arkansas

☆ Biden says he’s happy to debate Trump
▼ + stars: | 2024-04-26 | by ( Kevin Liptak | Betsy Klein | ) edition.cnn.com time to read: +7 min

Washington CNN —President Joe Biden said he will debate former President Donald Trump ahead of this year’s election, the clearest declaration yet of his willingness to face-off with his Republican rival before voters cast ballots in November. I don’t know when,” Biden said when asked by interviewer Howard Stern whether he planned to debate his predecessor. “I’m happy to debate him.”It’s the first time Biden has said explicitly he would debate Trump in this election cycle. Some of Biden’s aides have questioned whether Trump would abide by established rules in any potential debate, and before Friday his campaign hadn’t set out any specific debate plan. Biden had responded to Trump’s calls for earlier debates in February, telling reporters: “If I were him, I’d want him to debate me, too.

Persons: Joe Biden, Donald Trump, Still, Biden, “, ” Biden, Howard Stern, ”, Trump, Biden’s, hadn’t, I’d, He’s, Trump’s, Chris LaCivita, Stern, Jeff Zients, Karine Jean, Pierre, Ben LaBolt, Stern pontificated, haven’t, Jeb, George W, Bush, Neilia Hunter, –, ‘, ’ ” Stern, you’ve, it’s, Biden misspoke, “ Trump, “ Nixon ”, Sen, Barack Obama, Jill Biden, you’ll, ’, you’re Organizations: Washington CNN, Republican, ABC News, Associated Press, CBS News, CNN, SPAN, Fox News, NBC, Univision, NPR, PBS, USA, Republican National, White, “ Locations: Texas , Virginia, Utah, Nassau, Delaware, Scranton

☆ Dividend stocks are poised to outperform, says Bank of America. Here are names on its list
▼ + stars: | 2024-04-26 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

The U.S. economy is flashing a sign that's favorable for dividend stocks, according to Bank of America. In this environment, investors want to own dividend stocks with above-market yields, she said. For those characteristics, she looks to quintile two of the Russell 1000 by trailing dividend yield. Her screen guards against owning distressed companies that might move into the first quintile, the highest dividend yield group, if prices fall ahead of potential dividend cuts. APA has a 3.1% dividend yield, while HF Sinclair yields 3.5%.

Persons: Savita Subramanian, Subramanian, Russell, Jeffrey Martin, CNBC's Jim Cramer, John Christmann Organizations: Bank of America, Bank of, AES, APA, Sinclair, Callon Petroleum, CNBC, Citigroup, Citi Locations: U.S

☆ As ‘Alien’ turns 45, those screams still echo through space and time
▼ + stars: | 2024-04-26 | by ( Brian Lowry | ) edition.cnn.com time to read: +4 min

CNN —“In space, no one can hear you scream.”“Alien” premiered with that memorable advertising line in June 1979. I went to see “Alien” on its opening weekend with my older brother, knowing relatively little about it. Driving to the Avco cinemas in Westwood near UCLA, we immediately noticed the long line for tickets wrapping around the theater and heading down the block. Yaphet Kotto, Sigourney Weaver and Ian Holm in "Alien." Yet in the 1970s, with films like “Jaws,” “Star Wars” and “Alien,” they seemed to emerge almost organically, yielding screams, either of delight or horror, that, like those memories, have echoed across space and time.

Persons: CNN —, “, Ridley Scott’s, Ellen Ripley, Sigourney Weaver, Tom Skerritt, Yaphet Kotto, Ian Holm, –, thrall, Ripley, Romulus, ”, James Cameron’s Organizations: CNN, Los Angeles Times, Avco, UCLA, Fox, Hollywood Locations: Westwood

☆ Trump's team wants to restructure the Fed and let him have a say on interest rate decisions: WSJ
▼ + stars: | 2024-04-26 | by ( Ayelet Sheffey | Madison Hall | ) www.businessinsider.com time to read: +5 min

Some members of Trump's team want to restructure the Federal Reserve, the WSJ reported. That could include allowing the president to have a direct say on interest rate decisions. Trump has previously been critical of Powell's handling of interest rates during the pandemic. To help the Fed achieve its 2% inflation target, the Federal Open Market Committee has hiked interest rates 11 consecutive times since March 2022. Advertisement"I think he's going to do something to probably help the Democrats, I think, if he lowers interest rates," Trump said, adding that "it looks to me like he's trying to lower interest rates for the sake of maybe getting people elected."

Persons: Jerome Powell, —, Donald Trump, Trump, President Trump, Susie Wiles, Chris LaCivita, Powell, Ron DeSantis, Nikki Haley, Vivek Ramaswamy, Joe Biden, Robert F, Kennedy Jr, Biden Organizations: Federal Reserve, Service, Street, Trump, Management, Federal, Fed, Fox News, Republican, Florida Gov, South Carolina Gov, Biden, GOP Locations: New York

☆ Neil Gaiman doesn't particularly care about creating a 'Sandman' universe at Netflix, but he's 'amused' at how 'Dead Boy Detectives' wound up there
▼ + stars: | 2024-04-26 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +3 min

"Dead Boy Detectives" follows two deceased boys solving supernatural incidents in the mortal realm. Creator Neil Gaiman said he has no particular interest in creating a larger 'Sandman' universe. Kirby Howell-Baptiste as Death in "Dead Boy Detectives." NetflixNetflix did want it, on the condition that it would have to tie into the "Sandman" universe, Gaiman said. Advertisement"The Sandman" and "Dead Boy Detectives" technically aren't the only series that live under the "Sandman" umbrella.

Persons: HBO Max, Neil Gaiman, —, Neil Gaiman's, Steve Yockey, George Rexstrew, Jayden Revri, Edwin Paine, Charles Rowland, Death, Max, Gaiman, I'm, Kirby Howell, Baptiste, Fox, he's Organizations: HBO, Netflix, Service, DC, Warner Bros, Hollywood, Netflix Netflix Locations: New York

☆ Two rate cuts appears likely as consumer spending begins to slow, says UBS' Julie Fox
▼ + stars: | 2024-04-25 | 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 rate cuts appears likely as consumer spending begins to slow, says UBS' Julie FoxJulie Fox, UBS, joins 'Closing Bell' to discuss the trading day and her sector picks.

Persons: Julie Fox Julie Fox Organizations: UBS

☆ Stocks making the biggest moves midday: Meta, Victoria's Secret, Microsoft, Caterpillar and more
▼ + stars: | 2024-04-25 | by ( Pia Singh | ) www.cnbc.com time to read: +5 min

Honeywell posted adjusted earnings per share of $2.25, beating analysts' estimates of $2.17 per share, per LSEG. Revenue for the quarter also came in better-than-expected at $9.11 billion, compared to the $9.03 billion analysts were expecting. ServiceNow — The digital workflow firm slid 5% after it only narrowly beat analysts' revenue expectations in the first quarter. ServiceNow posted revenue of $2.6 billion, slightly higher than the $2.59 billion analysts polled by LSEG had anticipated. Caterpillar — Shares tumbled 6.5% after revenues of $15.8 billion for the most recent quarter missed analysts' estimates of $16.04 billion, according to LSEG.

Persons: Goldman Sachs, Mark Zuckerberg, ServiceNow, LSEG, —, Alex Harring, Brian Evans, Samantha Subin, Yun Li, Lisa Kailai Han, Pia Singh, Michelle Fox Organizations: Facebook, Meta, Tech, Microsoft, Beverage, JPMorgan, Monster Beverage, Honeywell —, Honeywell, Revenue, Merck, Co, LSEG, — Bank of America, Southwest Airlines —, Management, StreetAccount, Machines, IBM, Bank of America, Caterpillar, Nvidia —, Nvidia, Comcast, Deutsche Bank — U.S, Deutsche Bank, CNBC Locations: NBCUniversal

☆ Justice Department rebuffs Republican requests for audio of Biden interview with special counsel
▼ + stars: | 2024-04-25 | by ( Annie Grayer | ) edition.cnn.com time to read: +5 min

CNN —The Department of Justice doubled down on its decision to not release the audio files of President Joe Biden’s interview with special counsel Robert Hur to House Republicans, stating that Republicans have not established a legitimate legislative purpose for demanding these recordings, in a new letter obtained by CNN. The DOJ’s refusal to turn over the audio comes as Republicans find their impeachment inquiry into the president stalled now that the prospects of the investigation ending in impeachment are increasingly unlikely. Without the votes in their narrow majority or evidence of an impeachable offense, Republicans are now struggling with how to end their probe. Uriarte pointed to the possibility that audio files can be manipulated through “cutting, erasing, and splicing” in a way that increases the privacy concerns of the witness. Uriarte therefore accused Republicans of going after these audio files for the wrong reasons.

Persons: Joe Biden’s, Robert Hur, Carlos Uriarte, James Comer, Jim Jordan, General Merrick Garland, Hur, Mark Zwonitzer, Uriarte, Biden, ” Uriarte, spokespeople, Comer, Jordan, “, Arseniy Yatsenyuk, Zwonitzer, ” Organizations: CNN, Department, Justice, House Republicans, Republicans, DOJ, Ukrainian, Fox News, “

☆ Why the S&P 500 is poised to gain 3% over the next 20 days, says JPMorgan's trading desk
▼ + stars: | 2024-04-25 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

A tactical buy signal just flashed in the stock market, according to JPMorgan's trading desk. AdvertisementA tactical buy signal just flashed in the stock market, according to a Tuesday note from JPMorgan's trading desk. The buy signal suggests that the S&P 500 could jump 3% within the next 20 days, which would put the index within spitting distance of its all-time high. But a bullish buy signal isn't enough to push the stock market higher on its own, JPMorgan's trading desk admitted. Instead, for this most recent buy signal to be successful, corporate first-quarter earnings will have to deliver and geopolitical tensions will have to cool down.

Persons: —, What's Organizations: JPMorgan, Service, Tactical Positioning

☆ Amazon aggregator Thrasio loses CEO, other top execs as company works through bankruptcy
▼ + stars: | 2024-04-24 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +4 min

Katie SchoolovThrasio, the top aggregator of Amazon third-party sellers, is losing its CEO and five other senior executives, months after the former highflier filed for bankruptcy. Greg Greeley, Thrasio's CEO, informed staff on Tuesday that he plans to resign, according to an internal memo viewed by CNBC. Thrasio filed for bankruptcy in February and said it had agreed with lenders to restructure some of its debt load. Alongside the C-suite shakeup, Thrasio is also laying off "employees at every level," according to the memo. They're also inquiring about officers and directors involved in over $300 million in company stock sales "that has given rise to allegations of fraud."

Persons: Prosper, Katie Schoolov Thrasio, Greg Greeley, Josh Burke, Stephanie Fox, Greeley, Thrasio, Goldman Sachs, JPMorgan Chase, They're, Josh Silberstein Organizations: Amazon, CNBC, Finance, BlackRock, JPMorgan, CNBC's, U.S . Customs, Border Protection, GXO Logistics, Walmart Locations: Las Vegas , Nevada, U.S

☆ Stocks making the biggest moves midday: Tesla, Hilton, Boeing, Mattel and more
▼ + stars: | 2024-04-24 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +4 min

Hilton Worldwide Holdings — The hotel stock climbed 4% on the back of strong first-quarter adjusted earnings and raised full-year guidance. Mattel saw $810 million in revenue during the quarterly period, which was less than the consensus estimate of $832 million. Adjusted earnings per share came in at 61 cents, beating analysts' expectations of 27 cents per share, according to LSEG. Revenue of $757 million was greater than the $739 million analysts anticipated. Sales of Biogen's Alzheimer's drug Leqembi came in at about $19 million for the quarter, surpassing the $11 million analysts had anticipated, per FactSet.

Persons: LSEG, Elon Musk, Tesla, Musk's, Hilton, Mattel, Enphase, Biogen, LSEG ., Leqembi, —, Jesse Pound, Alex Harring, Michelle Fox, Lisa Han Organizations: Boeing, . Old Dominion, Hilton Worldwide Holdings, Texas, Mattel, LSEG, Hasbro, Enphase Energy, Dynamics —, Dynamics, Seagate Technology, Seagate Locations: FactSet, LSEG

☆ Tesla could follow a 4-part path to 35% stock upside after shaking off earnings worries, BofA says
▼ + stars: | 2024-04-24 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Tesla stock could surge 35% after its first-quarter earnings results, according to Bank of America. The bank upgraded Tesla stock to "Buy" and detailed a 4-part plan that could boost the stock. "The tide in news flow appears to suggest the risk to the stock is skewing more positively," BofA said. AdvertisementPositive catalysts are starting to build for Tesla after it announced a dismal first-quarter earnings report, according to Bank of America. Bank of America analyst John Murphy upgraded Tesla stock to "Buy" from "Neutral" and reiterated his $220 price target, representing potential upside of 35% from current levels.

Persons: BofA, —, Tesla, John Murphy, Murphy Organizations: Bank of America, Service, Tesla, Investors

☆ Tesla stock soars 14% after Elon Musk commits to affordable vehicle launch following Q1 earnings miss
▼ + stars: | 2024-04-24 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

Tesla stock surged as much as 14% on Wednesday after the company reported 1st-quarter earnings. While the company badly missed analyst estimates, Elon Musk did commit to an affordable car. "We're updating our future vehicle lineup to accelerate the launch of our low-cost vehicles," Tesla said. So, I mean, if somebody doesn't believe Tesla is going to solve autonomy, I think they should not be an investor in the company," Musk said. While Ives remained bullish on Tesla stock, he did lower his price target to $275 from $300.

Persons: Elon Musk, Tesla, —, Lars Moravy, Musk, robotaxi, it's, Dan Ives, Ives Organizations: Elon, Service, Tesla, Reuters, Wall Street

☆ Stocks making the biggest moves premarket: Boeing, Tesla, Visa, Airbnb and more
▼ + stars: | 2024-04-24 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Airbnb – The vacation property rental platform added nearly 2% following an upgrade by Mizuho to buy from neutral. Visa — Shares of the payment company rose more than 2% after stronger than expected results for the second fiscal quarter. Texas Instruments posted $1.20 per share on $3.66 billion in revenue, beating analysts' projections of $1.07 and $3.61 billion, respectively, per LSEG. Mattel saw $810 million in revenue during the quarterly period, which was less than the consensus estimate of $832 million. Enphase said to expect second-quarter revenue between $290 million and $330 million, under the consensus forecast of $349 million.

Persons: Mizuho, Elon Musk, Tesla, LSEG, —, Enphase, Alex Harring, Samantha Subin, Jesse Pound, Brian Evans, Yun Li, Sarah Min, Michelle Fox Theobald Organizations: Boeing —, Boeing, Mizuho, Summer Olympics, Visa —, Visa, Revenue, Texas, Sea, Capital, Mattel, LSEG, Enphase Energy

☆ Notorious far-right blog The Gateway Pundit declares bankruptcy over 2020 election-related lawsuits
▼ + stars: | 2024-04-24 | by ( Oliver Darcy | Marshall Cohen | ) edition.cnn.com time to read: +3 min

CNN —The Gateway Pundit, the notorious far-right blog and prolific publisher of conspiracy theories, said Wednesday that it had filed for bankruptcy protection as it grapples with litigation related to its coverage of the 2020 election. Another lawsuit, filed by a former Dominion Voting Systems executive, accuses the outlet of defamation. The Gateway Pundit denies wrongdoing in both cases. Over the years, The Gateway Pundit has become infamous for its publishing of hyper-partisan blog posts, many of which advance dangerous lies and conspiracy theories. The Gateway Pundit is one of several right-wing media outlets grappling with the fallout stemming from its promotion of 2020 election lies.

Persons: Donald Trump, Joe Biden, Ruby Freeman, Wandrea, ” Moss, Jim Hoft, Trump, MAGA, Hoft, ”, ” Hoft Organizations: CNN, Dominion Voting Systems, Republican, Fox News, America News Locations: Georgia, Smartmatic, Dominion

☆ The US is dealing with a rare bifurcation of the economy, and it's raising the odds of recession, Piper Sandler chief economist says
▼ + stars: | 2024-04-24 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +1 min

The US economy is facing a rare and difficult bifurcation, says Piper Sandler's head economist. The economist forecasts 53% odds of recession but adds that one is needed to bring down inflation. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe US is navigating a "bifurcated" economy that's only been seen twice before, with both times ending in a recession, according to a top economist. This story is available exclusively to Business Insider subscribers.

Persons: Piper, —, Nancy Lazar Organizations: Service, Fox Business Network, Business

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