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☆ Investors and execs eye Trump's potential return to the White House
▼ + stars: | 2024-02-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

AdvertisementThe 2024 presidential election seems destined to be the rematch many voters have been expecting : President Joe Biden against former President Donald Trump. So what would Trump's return to the White House mean for stocks? President Joe Biden gives remarks on the conflict between Israel and Palestine at the White House in Washington on October 7, 2023. During his speech, President Biden reiterated the United States' support for Israel. Amanda Andrade-Rhoades/For The Washington Post via Getty ImagesAmong the world's more powerful people, opinions are divided on the impact of Trump's return.

Persons: we've, Donald Trump, Donald Trump grins, Chip Somodevilla, Joe Biden, Trump, Nikki Haley, Haley, Biden, Trump's, that's, Matthew Fox, James Reilly, Amanda Andrade, Rhoades, didn't, Jamie Dimon, Dimon, Ray Dalio, Tesla, Warren Buffett, Berkshire Hathaway, Charlie Munger, Francois G . Durand, Jenny Chang, Rodriguez, Dick Costolo, Elon, Rebecca Zisser, Gen Zers, Millennials, Uber, Dow, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: South, GOP, Trump, South Carolina GOP, Gov, Nasdaq, Capital Economics, White, Israel, Washington, Getty, Economic, CNBC, Bridgewater, Nvidia, Berkshire, SpaceX, Dow Jones, US Locations: New Hampshire, China, Capital, Israel, Palestine, Washington, United States, Russia, Ukraine, New York, London, Chicago

☆ High food prices could keep Americans hating the economy for years to come
▼ + stars: | 2023-12-05 | by ( Jacob Zinkula | Andy Kiersz | ) www.businessinsider.com time to read: +4 min

High food prices are Americans' top concern about the economy, according to Morning Consult. Ninety percent of individuals said they were very or somewhat concerned about grocery and food prices , higher than any other factor surveyed. In part, these concerns can be attributed to rising food prices over the last few years. AdvertisementHigh food prices could be a key reason for this disconnect, Aaron Terrazas, Glassdoor's chief economist, told Business Insider. If Americans are hoping for cheaper food prices to come next year, they're unlikely to get their wish.

Persons: —, it's, Joe Biden's, Aaron Terrazas, haven't, Terrazas, Biden, McDonald's Organizations: Service, Bloomberg, Bureau of Labor Statistics, Business, US Department of Agriculture, Social Security Administration

☆ Monthly Meeting Q&A with Jim Cramer on 20 stocks in everything from tech to industrials to drugs
▼ + stars: | 2023-11-16 | by ( Paulina Likos | ) www.cnbc.com time to read: +12 min

(Anthony) Jim Cramer: There were some China statistics that showed that the consumer was doing slightly better. (David) Jim Cramer: The roadblock is that the money is at the state level. (Narayan) Jim Cramer: " Own, don't trade" is about trying to keep us in a stock that otherwise we would trade out of. (Jim) Jim Cramer: First, I think we have to remember Ford actually has a lot of money on its balance sheet — a lot of cash. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer's, Jeff Marks, Estee Lauder, Anthony, Jim Cramer, Wynn, It's, David, I'm, Narayan, it's, Steve Jobs, John, Tom Jorden, That's, Capex, Paul, Procter, Jim Farley, Jim, Ford, Shawn Fain, Farley, Donald, Larry Culp, He's, GEHC, Eli Lily, Louis, Lilly, Zepbound, We've, Alzheimer's, tirzepatide, hasn't, Edmundo, we've, haven't, Linde, Theresa, Jim Cramer Rob Kim Organizations: Investing Club, Club, Caterpillar, Amazon, Nvidia, Apple, Web Services, Natural Resources, Exxon, Procter, Gamble, United Auto Workers, GE Healthcare, Electric, GE, General, Merck, Drug Administration, Novo Nordisk, Linde, LIN, Trust, Barrick, CNBC Locations: China, reaccelerate, GEHC

☆ Meet the 'queen of caviar' who supplies Britain’s royal family with the world's most expensive food
▼ + stars: | 2023-10-26 | by ( Lucy Handley | ) www.cnbc.com time to read: +8 min

King's Fine FoodLaura King has run a caviar business for almost 20 years — even supplying Britain's royal family with the coveted foodstuff. Now, she's known as the "caviar queen," and her firm King's Fine Food imports hundreds of kilos of caviar into the U.K. every two to three weeks. Oscietra caviar is the most popular product sold by King's Fine Food. Laura King (left), founder of King's Fine Food, with her daughter Holly King, the company's sales director. "We're two women in business, probably the only two women in the caviar business almost in the world.

Persons: Laura King, King, John King, Holly —, —, Conran, Melba, Terence Conran, retails, …, You've, you'll, I've, King's, Holly King, Mason, Queen Elizabeth II, Holly, We've Organizations: King's, CNBC, Fine Food, Harrods, Cathay Pacific, Emirates . British Airways, Foods, John King Brain, Royal Locations: London, Dorchester, British, Iran, Russia, Belgium, China

☆ Hollywood insiders are bracing for M&A activity to make a comeback, as 10 experts reveal the deals they're predicting
▼ + stars: | 2023-10-17 | by ( Reed Alexander | Lucia Moses | ) www.businessinsider.com time to read: +12 min

"The unknown is hard to transact in," Sam Powers, the global head of technology, media, and telecommunications for Bank of America, told Insider. Microsoft's $69 billion acquisition of Activision , which was completed Thursday, has also put media and tech M&A back in the spotlight. "People have been holding their breath in nervous anticipation" about the idea of tech buying big media , one investor told Insider. Private-equity bets on media and Hollywood have seen mixed resultsPrivate-equity firms may have the cash to finance major media acquisitions, but they're reckoning with market volatility. Are you a Hollywood insider?

Persons: Hollywood dealmakers, Jonathan Handel, Sam Powers, Bob Iger, —, Byron Allen, Greg Doherty, Iger, Disney's, Byron Allen —, Allen, Disney, it's, Handel, It's, you've, Reese Witherspoon, Dave Kotinsky, Moonbug, Reese Witherspoon's, Jeff Zucker, Abu, Tom Staggs, Kevin Mayer, Lucia Moses, Reed Alexander Organizations: Hollywood, Puck News, Bank of America, SAG, Writers Guild of America, Disney, ESPN, Activision, Byron Allen The Weather, Wall Street shareholders, Bureau of Labor Statistics, Hulu, ABC, Nexstar Media Group, Allen Media Group, Weather, Lionsgate, Starz, Paramount, BET, Warner Bros, Games, Disney Digital Network, Maker Studios, Observers, Comcast, Paramount Global, Tech, MGM, Microsoft, Netflix, Apple, RedBird Capital Partners, RedBird IMI, Private, SP, G Global Market Intelligence, Bloomberg, Media, Apollo Global Management, Yahoo Locations: Hollywood, Blackstone, Abu Dhabi, lmoses@insider.com, ralexander@insider.com

☆ Santa Clara's Levi's Stadium generated $2 billion for the local economy in 10 years, thanks to non-NFL events
▼ + stars: | 2023-10-06 | by ( Cork Gaines | ) www.businessinsider.com time to read: +7 min

A new study shows Levi's Stadium generated $2 billion for the local economy in its first 10 years. More than $300 million was brought in before Levi's Stadium opened and was used to help pay for its construction. Her two concerts at Levi's Stadium in July are estimated to have generated a total of $33.5 million in economic impact for the area. AdvertisementAdvertisementGuido thanked the citizens of the Bay Area in a letter and lauded the economic impact study in a statement. Before the Levi's Stadium analysis, most earlier studies showed the impact of a stadium rarely lives up to the promises of the teams.

Persons: Taylor Swift, —, SportsEconomics, Coldplay, Elton John, Kate Green, Al Guido, QuestionPro, Swifties, Mike Coppola, doesn't, Robert Beck, Goldman Sachs, Guido Organizations: Service, San Francisco 49ers, 49ers, Levi's, NFL, Office Sports, Bank of America, Fortune, Las Vegas Convention, Vistors Authority, Super, MTV, Goldman, Santa Clara Stadium Authority, Minnesota Vikings, Swift Locations: Santa Clara, Glendale , Arizona, Minneapolis

☆ Inside the clash between Amazon and Shopify over Buy with Prime
▼ + stars: | 2023-09-02 | by ( Eugene Kim | ) www.businessinsider.com time to read: +12 min

Amazon and Shopify announced a new Buy with Prime app for Shopify on Wednesday. Buy with Prime let merchants offer Prime benefits, such as fast shipping and free delivery, on websites beyond Amazon.com. Amazon had no choice but to let Shopify merchants view Buy with Prime-related metrics on its own backend console, not within the unified Shopify Admin tool, according to the internal Amazon document from April. If Buy with Prime data wasn't smoothly integrated into Shopify Admin, Shopify merchants might not use the Amazon feature much. Constant delaysThe internal Amazon document described a Shopify-native Buy with Prime app as a "flagship" goal for Amazon's top leadership because it would make Buy with Prime more appealing to Shopify merchants.

Persons: Shopify, Santos Jeff Bezos Kevin Mazur, Jeff Bezos, Tobi Lütke David Fitzgerald, Sportsfile, Harley Finkelstein, Finkelstein, Mark William Lewis, Andy Jassy, they've Organizations: Amazon, Amazon.com, Prime, Project Santos, Getty, Amazon Logistics, Netalico Commerce, Web, Associated

[1/2] A response by ChatGPT, an AI chatbot developed by OpenAI, is seen on its website in this illustration picture taken February 9, 2023. Anecdotal examples of people using ChatGPT to help with their day-to-day work include drafting emails, summarising documents and doing preliminary research. Reuters was not able independently confirm how employees at Tinder were using ChatGPT. In May, Samsung Electronics banned staff globally from using ChatGPT and similar AI tools after discovering an employee had uploaded sensitive code to the platform. Reuters was not able independently to confirm whether employees at P&G were unable to use ChatGPT.

Persons: Florence Lo, ChatGPT, Ben King, King, OpenAI, Tinder, Samsung, Google's Bard, Bard, We've, TATE.L, Dawn Allen, trialing ChatGPT, It's, Paul Lewis, Lewis, Richa Naidu, Martin Coulter, Jason Lange, Alexander Smith Organizations: REUTERS, Reuters, Microsoft, Google, AIs, Samsung Electronics, Cola, Tate, Procter, Gamble, Thomson Locations: WASHINGTON, U.S, United States, Europe, Atlanta , Georgia

☆ AI-Targeted Internet Advertisements Fueling Looming Addiction Crisis
▼ + stars: | 2023-07-13 | by ( Albert Fox Cahn | ) www.businessinsider.com time to read: +13 min

A new breed of direct-to-consumer services is aggressively using targeted ads to sell habit-forming medications. In short, AI and surveillance capitalism, which empower today's targeted ads, have joined forces with the deadly OxyContin playbook. As the Journal reported, after ADHD medications grew to 20% of the VC-funded company's business, driving a $4.8 billion valuation, things came crashing to earth. We as a society may have come to accept being stalked by targeted ads, but consequences are much graver when the product itself is a danger. But above all, we need rules that ban targeted ads for drugs that can get patients hooked.

Persons: Taylor Swift, they're, haven't, Van Zee, OxyContin, prescribers, Dr, David Sack, Anthony Yeung, recreationally, Yann Poncin, shih, Ryan Haight, Ryan Haight Act's, Albert Fox Cahn Organizations: Circle, Purdue, American, of Public Health, Sackler family's pharma, Physicians, Yale School of Medicine, Bloomberg, Drug Enforcement Agency, Department of Health, Human Services, Ryan, Twitter, FDA Locations: Canadian, California, United States, New Zealand, New York

☆ As earnings season winds down, investors turn to Tuesday's debt ceiling meeting
▼ + stars: | 2023-05-06 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

With only a small fraction of the S & P 500 left to report quarterly earnings, investors are now turning their focus to another major hurdle for the markets and economy: the debt ceiling crisis. Earlier this week, we looked back to debt limit crisis of 2011 for potential lessons. The protracted fight ultimately ended in an agreement in early August of that year, but it was a choppy summertime ride for investors. Within the portfolio, Wynn Resorts will report Tuesday, after the closing bell, and Disney will report on Wednesday, after the closing bell. Estee Lauder (EL) and Emerson Electric (EMR) reported earnings before the opening bell.

☆ Club meeting recap: Stocks jump, Apple shines, P&G
▼ + stars: | 2023-05-05 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Stocks jump Apple shines P & G sale 1. P & G sale Our positive view on Procter & Gamble (PG) is not changing, despite our 100-share sale Friday morning . 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.

☆ How The Legend of Zelda Changed the Game
▼ + stars: | 2023-05-04 | by ( Zachary Small | Rumsey Taylor | ) www.nytimes.com time to read: +17 min

More than six million people watched the preview for hints about the next video game in Nintendo’s beloved Legend of Zelda franchise. Tears of the Kingdom, the next entry in the Legend of Zelda franchise, will encourage players to manipulate and combine objects to fight enemies and explore Hyrule. The immersive gameplay of the Zelda franchise is bolstered by its deep mythology , convincing players they are unearthing ancient secrets. Retrieving the Master Sword often marks the point in a Zelda game when the difficulty spikes and the stakes are raised. Clockwise, from top left: The Legend of Zelda (1986), A Link to the Past (1991), Ocarina of Time (1998) and The Wind Waker (2002).

Shortly after the opening bell, we will be selling 100 shares of Salesforce (CRM) at roughly $192.50 each and exiting our small position in Qualcomm (QCOM), selling 230 shares at roughly $103.89. QCOM 5Y mountain Qualcomm YTD performance As for what we are selling, we are moving on from our Qualcomm position. In what has been a tricky market lately, P & G has been resilient thanks to the defensive nature of its business. (Jim Cramer's Charitable Trust is long CRM, QCOM, AAPL, PG. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

The 10.7% increase in prices was, however, lower than in recent quarters, adding to signs inflationary pressures might be easing as input costs declined. Packaged goods companies have been hiking prices as they grapple with a surge in costs of everything from sunflower oil and shipping to packaging and grain. Unilever reported a 10.5% rise in underlying first-quarter sales to 14.8 billion euros ($16.4 billion), beating analysts' average forecast for a 7.2% increase, according to a company-provided consensus. That included a 10.7% increase in prices and a 0.2% dip in volumes. Rivals P&G (PG.N) and Nestle (NESN.S) have also recently reported stronger than expected quarterly sales, with price hikes offsetting lower volumes.

"It's principally around the costs of labour, logistics and energy and what our suppliers see in their own production bases," finance chief Graeme Pitkethly said. On Thursday, Unilever said it had raised prices by 10.7% in the first quarter. "People are looking towards the second half of this year for some relief in costs - we'll see if that actually plays out," Richard Saldanha, a fund manager at Unilever and Nestle investor Aviva, said. "Clearly these companies are still displaying a pretty decent ability to push pricing ... Unilever is able to manage what is still a very elevated cost environment." Reporting by Richa Naidu Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

☆ Unfairly swept up in Wednesday's sell-off, these stocks now look more attractive
▼ + stars: | 2023-03-15 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

Another Club stock with defensive characteristics is Procter & Gamble (PG). The three companies have very little economic sensitivity, and our overarching reasons for owning them haven't changed: Eli Lilly for its innovative drug pipeline, J & J for its sterling balance sheet and upcoming breakup and Humana for the growth fueled by its retooled Medicare Advantage offering. Plus, their stocks have largely been out of favor in 2023, especially the drugmakers in Eli Lilly and J & J; shares of both companies are down more than 10% year to date. META 1Y mountain Meta Platforms (META) stock performance over the past 12 months. Meta shares rallied into the close, climbing 1.9%, to nearly $198 apiece.

☆ P&G, Constellation Brands see solid U.S. demand, even as prices rise — a key reason we're shareholders
▼ + stars: | 2023-02-24 | by ( Paulina Likos | ) www.cnbc.com time to read: +7 min

Constellation Brands "Consumer demand for our products remains strong even in a challenging macro environment," Newlands said. Procter & Gamble Inflation continues to weigh on consumers and impact global sales volumes at P & G, CFO Andre Schulten said Thursday. P & G last month delivered solid fiscal second-quarter results , in part through raising prices by as much as 10% on some products. Constellation Brands, meanwhile, continues to demonstrate sustained demand for its leading beer brands. Trucks with Constellation Brands Inc. Corona and Modelo beer sit during a delivery in the Zona Rosa neighborhood in Mexico City, Mexico.

☆ Here's how Wall Street pros traded 13 Club stocks last quarter, including Salesforce and Disney
▼ + stars: | 2023-02-17 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

Big-name investors and hedge funds made moves in Club holdings Disney (DIS), Nvidia (NVDA) and TJX Companies (TJX) in the fourth quarter. Starboard's position stood at 3.03 million shares — valued at $401.22 million — at the end of the fourth quarter, according to the firm's 13F. Inclusive's 1.63 million shares were worth $216.77 million and ValueAct's 560,221 shares carried a market value of $74.28 million. CRM YTD mountain Salesforce (CRM) YTD performance In addition to Salesforce, a number of other Club holdings appeared in hedge funds' quarterly disclosures. Some of the activists swarming at Salesforce have positions in other Club holdings and made changes to them during the fourth quarter.

☆ Bassino pips Shiffrin to win Super-G gold
▼ + stars: | 2023-02-08 | by ( ) www.reuters.com time to read: +1 min

Feb 8 (Reuters) - Italy's Marta Bassino edged out American Mikaela Shiffrin to win the women's Super-G gold at the World Ski Championships in Courchevel, France, on Wednesday, winning the title by 0.11 seconds. Bassino has six World Cup gold medals to her name in the giant slalom but had never topped the podium in any other World Cup event. However, she did win gold in the parallel giant slalom at the 2021 World Ski Championships. Bassino is the second Italian to win a gold medal at this year's championships after Federica Brignone won the women's combined event on Monday. Switzerland's Lara Gut-Behrami, the defending champion and one of the pre-race favourites with 18 Super-G World Cup victories, could only manage sixth placed.

Shares of household product giant P & G have been hit hard over the past few weeks due to a market rotation out of defensive companies that outperformed last year. P & G lost about 7% in 2022's terrible year, much less than the S & P 500 's more than 19% decline in 2022. Sure the 6% decline in sales volume was more noticeable from the prior quarter when volume fell 3%. For example, 1 percentage point of the volume decline was due to P & G cutting its Russia portfolio in half due to Moscow's unprovoked war on Ukraine. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ Here's our January rapid-fire update on all 34 stocks in Cramer’s Charitable trust portfolio
▼ + stars: | 2023-01-19 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +11 min

Here's a rapid-fire update on every stock in the CNBC Investing Club portfolio. As much as we'd like to maintain a bigger position in this roughly $472 stock, we're refraining from violating our cost basis of $291.52. ( See here for a full list of the stocks in Jim Cramer's Charitable Trust portfolio.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ Hedge funds were busy trading Club holdings last quarter, regulatory filings show
▼ + stars: | 2022-11-15 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

What's more, Third Point added to its bet on Disney (DIS), owning 1.4 million shares as of Sept. 30, up 40% compared with its position on June 30. That valued the position at roughly $700,000 as of Sept. 30, which is quite small for a multi-billion dollar investment firm like Trian. In August, the firm had reported owning 14.34 million shares as of June 30. They are current as of the reporting date, which for this latest round of disclosures was Sept. 30. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Representative Marjorie Taylor Greene Republican of Georgia Suggested Mr. Pelosi knew his attacker. Elon Musk Chief executive of Twitter and Tesla Amplified a conspiracy theory about male prostitution. Finding life on far-right websites and the so-called dark web, conspiracy theories and falsehoods leaped from the fringes to the mainstream. Each comment Friday, Oct. 28 6 p.m. A conspiracy theory circulates widely that the attack was the result of a sexual affair. saturday, oct. 29 at 9 p.m. A conspiracy theory circulates widely that the attack was the result of a sexual affair.

☆ Here's a round up of 8 price target changes we made in Club stocks post earnings
▼ + stars: | 2022-10-28 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +5 min

Here's a rundown of the price target changes we recently made in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. However, we cut our price target to $140 per share from $160, acknowledging headwinds due to rising interest rates and lower earnings estimates. We lowered our price target for the Google parent to $130 per share from $160. Microsoft (MSFT): Despite our longer-term positive view, we reduced our price target to $300 per share from $375. We said Tuesday evening that Microsoft's fiscal second-quarter guidance will likely lead to downward earnings and price target revisions from analysts on Wall Street.

☆ Here are Wednesday's biggest analyst calls of the day: AMC, Apple, Boeing, Amazon, Lyft, BJ's & more
▼ + stars: | 2022-10-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

UBS upgrades Norwegian to buy from hold UBS said it sees improved bookings for the cruise operator. Citi reiterates Apple as buy Citi said investor concerns about the company's upcoming earnings report later this month are overblown. " Credit Suisse initiates Boeing as underperform Credit Suisse said it's concerned Boeing has lost access to the China market. Bank of America reiterates Amazon as buy Bank of America said it still sees significant room for margin expansion for Amazon. Bank of America reiterates PayPal as buy Bank of America said PayPal is still a top pick and investors should buy the dip.

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