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Candid conversationsThrough candid conversations and shared narratives, members of the DANG community confront taboo topics such as gender-based violence, discrimination, body image, mental health, and reproductive rights. This ultimately led Agoro to create the #DangAfterHours series, a no-holds-barred discussion on sex and sexuality, a real taboo subject in Nigeria, Agoro says. Soon after, she launched her DANG Lifestyle and skincare business which has grown largely through word of mouth through the DANG community, Agoro says. Despite aiming her message squarely at women, Agoro doesn’t discount a future where men would be integrated into the community. “I now get men commenting and saying to me, ‘We are DANG men too, include us in the conversation.’ We are happy to have them in the conversation.
Persons: Agoro, , , ’ ” Agoro, , , ’ ”, Organizations: Nigeria CNN —, Twitter, CNN Locations: Lagos, Nigeria, Nigerian, I’m, skincare, Dang, USA, Ghana, Kenya
Protesting Israel's war in GazaStudents gather on the campus of Wayne State University to protest Vice President Kamala Harris and the Biden administration's support for Israel during her visit to Detroit. The following day, New York City police descended upon the encampment, arresting more than 100 protesters, including Rep. Ilhan Omar's daughter. The arrests sparked similar demonstrations at dozens of colleges and universities nationwide, including the University of Texas Austin, the University of Southern California, and the University of Chicago. More than 34,000 Palestinians have been killed and over 80,000 injured in the Gaza Strip, according to an assessment by the United Nations. The UN report called the level of casualties "unprecedented and still mounting" in the seven months since Hamas militants attacked southern Israel on October 7.
Persons: Kamala Harris, Biden, Adam J, Nemat Shafik, Ilhan, University of Texas Austin, Abdallah Al Dardari Organizations: Wayne State University, Israel, Dewey, Anadolu, Getty, Columbia, University of Texas, University of Southern, University of Chicago, United Nations, UN, Associated Press Locations: Gaza, Detroit, Columbia, Israel, New York City, University of Southern California
The website helps facilitate accommodation exchanges between 150,000 users in 145 countries. Then HomeExchange sent me an offer, and I said to my husband, "Shall we give it a go?" The way it works is you subscribe to the website, make a profile, and list your home. We've stayed in places in Australia that are totally off the grid in conservation areas that don't have electricity. I think we've saved well over £100,000 using HomeExchange.
Persons: Julie Williams, HomeExchange, We've, That's, we've, John, I've, Martin, Mia, Monkey Mia, I'm Organizations: Service, NASA Locations: Devon, England, HomeExchange, Italy, Australia, New Zealand, Caribbean, St, Rarotonga, Cook Islands, Tasmania, Singapore, Nevis, Cook, Bali, Hong Kong, Ireland, France, Germany, Switzerland, Denmark, Belgium, Holland, Western Australia
Central banks are on a gold-buying spree, contributing to record-high spot gold prices. Other central banks are also snapping up gold to diversify their assets on the back of a strong greenback. Other central banks are also loading up on gold. Emerging market central banks that bought gold in the first quarter of the year include Kazakhstan, Oman, Kyrgyzstan, and Poland. There are political motivations for central banks to diversify their assets, too.
Persons: , it's, bode Organizations: Service, People's Bank of China, greenback, Gold, JPMorgan, Allianz Locations: China, Turkey, India, Kazakhstan, Oman, Kyrgyzstan, Poland, United States
For the first time since 2009, the box office doesn't have a Marvel film to kick off the summer movie season — and it shows. This year, the headline film for the first summer weekend was Universal's "The Fall Guy." The result could send the 2024 summer box office down as much as $800 million compared to 2023, according to Comscore's Paul Dergarabedian, and have ripple effects for the whole year. At present, analysts believe the summer movie season will exceed $3 billion in ticket sales, but just barely. Before Covid, the summer box office consistently topped more than $4 billion.
Persons: Guy, Ryan Gosling, Emily Blunt, Eric Handler, Roth MKM, bode, Comscore's Paul Dergarabedian, doesn't Organizations: Labor, Disney Marvel
Read previewA more intense cold war between the US and China would have a potentially dire impact on the global economy, according to an official from the International Monetary Fund. Speaking at Stanford University on Tuesday, IMF deputy managing director Gita Gopinath said that while US-China tensions haven't yet devolved into a full-blown cold war, such an escalation would be a major headwind to global growth. Advertisement"The emergence of these 'connector' countries—perhaps most notably Mexico and Vietnam—may have helped cushion the global economic impact of direct trade decoupling between the U.S. and China," Gopinath said. Zooming out, Gopinath highlighted that geopolitical instability in regions like the Middle East and turmoil stemming from the Russia-Ukraine war has sparked trade turbulence unseen since the Cold War. The IMF emphasized that trade fragmentation carries a higher price tag today, with the goods trade-to-GDP ratio now at 45% compared to 16% at the onset of the Cold War.
Persons: , Gita Gopinath, Gopinath Organizations: Service, International Monetary Fund, Stanford University, Tuesday, Business, IMF, U.S Locations: China, Mexico, Vietnam, Russia, Ukraine
“I was depressed, severely depressed for that whole time.”Five months earlier, in October 2022, Bentley had started taking Mounjaro for weight loss. Ozempic uses the active ingredient semaglutide, and Wegovy is the version approved for weight loss. Mounjaro uses tirzepatide, which also targets a second hormone called GIP, and Zepbound is its brand name for weight loss. Safety in pregnancyEven as GLP-1 medicines may increase fertility, little is known about their safety during pregnancy. “It’s kind of like heart failure or sleep apnea,” he said, referring to conditions for which GLP-1 drugs have recently shown positive results.
Persons: CNN — Catera Bentley, Bentley, , , ” Bentley, she’d, , , ’ Bentley, Jody Dushay, Dushay, Catera Bentley, Ivy, Daniel Drucker, ” Drucker, they’re, Drucker, Eli Lilly, ” Dushay, haven’t, That’s, Anuja Dokras, Dokras, Melanie Cree, Cree, PCOS, aren’t, Eli Lilly’s, Daniel Skovronsky, ” Skovronsky, Dr, Sanjay Gupta, it’s, Mounjaro Organizations: CNN, Beth Israel Deaconess Medical Center, Harvard Medical School, University of, Mount Sinai, Novo Nordisk, Zepbound, US Centers for Disease Control, University of Pennsylvania, PCOS, Children’s Hospital, National Institutes of Health, CNN Health Locations: Steele , Alabama, Mount, United States, Children’s Hospital Colorado, , Colorado
Rich baby boomers jumped in with all-cash offers, and sellers scored huge windfalls as weary buyers pushed prices to new heights. After all, people have to move for a wide variety of life reasons; mortgage rates be damned. "The further and further we get from the peak of the market," Peterson told me, "the harder it is to deny what's happened." Mortgage rates haven't fallen — in fact, they've gone up about 0.6 percentage points since the start of the year. "It can always be tricky telling somebody that they were just lucky because it makes you sound envious," Peterson told me.
Persons: Rich, Sellers, Eric Peterson, Peterson, Austin, Freddie, they've, Selma Hepp, Freddie Mac, Mike Simonsen, Redfin, towners, Libby Levinson, Katz, Price, Levinson, John Burns, they'll, Realtor.com, you'd Organizations: Freddie Mac, Reserve, Federal Housing Finance Agency, Altos Research, Sun, John, John Burns Research, Consulting Locations: Austin, Boise , Idaho, Denver
Gold stocks Among Teng's top gold picks is Canadian miner Barrick Gold . Gold ETFs Aside from stocks, Teng recommended that investors consider exchange-traded funds (ETFs) as a good way to gain exposure to the yellow metal. "ETFs are highly liquid and can be bought and sold daily on the open market, making it easy to adjust a portfolio's gold exposure when needed," he said. He added that ETFs with exposure to the mining sector were an "attractive option," highlighting the VanEck Gold Miners ETF ( GDX ) and VanEck Junior Gold Miners ETF ( GDXJ ). While Teng is bullish on specific stocks within the ETFs, he notes that they broadly capture "the most popular large-cap and mid-cap gold miners funds," thereby offering a "relative balance in one's gold portfolio."
Persons: Kevin Teng, Teng, Barrick, Newmont, Will McDonough, McDonough Organizations: Wrise, CNBC Pro, Barrick Gold, Newmont Corporation, Wall, Coeur Mining, Hecla Mining, New York Stock Exchange, BHP, Gold Miners
“All roads to the White House go through Michigan,” Gray said. “Michigan is up for grabs, and I did not think I would be saying this right now. “And that starts with calling for a cease fire, for listening to his student voters across the country.”A sign in the encampment at the University of Michigan in May 2024. Younger voters were critical to Biden returning Michigan to the blue column in 2020; exit polling showed Biden winning 61% of voters aged 18-29, to just 37% for Donald Trump. Both hope a break from campus protests and demonstrations will give younger voters time and space to see a bigger picture.
Persons: Ann, Jade Gray, ” Gray, , Gray, Jalisatgi, Joe Biden, “ Joe Biden, CNN Jalisatgi, Biden, Donald Trump, Matkin, “ I’d, Summer Matkin, John King, Taylor Swift, ” Matkin, Trump, “ I’ve, Maya Siegmann, Siegmann, , , Siegmman, Hillel, ” Siegmann, Benjamin Netanyahu, Ibrahim Ghazal, Ghazal, ” Ghazal, ” Ibrahim Ghazal, CNN Ghazal, I’m, Who’s, ” Jalisatgi Organizations: Ann Arbor , Michigan CNN, University of Michigan Student Union, College Democrats, University of Michigan, CNN, Biden, Younger, Michigan Democrats, Wayne State, Trump, Wayne, CNN Wayne State, Hillel, Jewish, Israel, Democratic, GOP, New University of Michigan, Jalisatgi, University of Michigan’s, Supreme Locations: Ann Arbor , Michigan, Gaza, Michigan, “ Michigan, Israel, Detroit, Palestine, Wayne State, Dearborn, Dearborn Heights, Hamtramck, Missouri
Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . And the knock-on effects extend beyond TikTok, impacting everything from President Joe Biden's reelection campaign to Apple and Tesla . AdvertisementTikTok, Tyler Le/BIThe TikTok-US government fight pits two pillars of American society against each other: free speech and national security. 3 things in businessDeliormanli/Getty, Olivier Verriest/Getty, Andrei Akushevich/Getty, Tyler Le/BIIn other newsAdvertisementWhat's happening todayToday's earnings: Airbnb, Uber, and other companies are reporting .
Persons: , swiping, Tyler Le, ByteDance, Dan Whateley, Geoff Weiss, Joe Biden's, It'll, TikTok, hasn't, haven't, Fallon, Jane Fraser isn't, Fraser, Piper Sandler, Michael Kantrowitz, Josh Edelson, Isabel Fernandez, Mark Zuckerberg, Zuckerberg, Getty, Olivier Verriest, Andrei Akushevich, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Apple, Chinese Communist Party, Big Tech, Getty, Pujol, Associated Press, Facebook Locations: France, China, Beijing, Citadel, Millennium, AFP, New York, London
Stone Age humans once sheltered in lava tube caves
  + stars: | 2024-05-08 | by ( Mindy Weisberger | ) edition.cnn.com   time to read: +7 min
Beginning in the Stone Age, Neolithic herders descended into and occupied these vast tunnels, known as lava tubes, archaeologists have discovered. Umm Jirsan spans nearly 1 mile (1.5 kilometers), with passages that are up to 39 feet (12 meters) tall and as much as 148 feet (45 meters) wide. The researchers enter Umm Jirsan, the longest lava tube system in the region. Animal carvingsIn another tunnel near Umm Jirsan, the researchers found 16 panels of engraved rock art. “Collectively, the archaeological findings at the site and in the surrounding landscape paint a picture of recurrent use of the Umm Jirsan Lava Tube over millennia,” Stewart said.
Persons: Jirsan, haven’t, Umm, , Mathew Stewart, ” Stewart, Umm Jirsan, Guillaume Charloux, Charloux, Stewart, , , ” Mindy Weisberger Organizations: CNN —, Australian Research Centre, Griffith University, CNN, Umm, French National Centre for Scientific Research, , Saudi Geological Survey, Arabia, Scientific Locations: Medina, Saudi Arabia, Umm Jirsan, Australia, Arabia, Asia
Across the US, pro-Palestinian protesters have been occupying lawns and buildings on campuses, and many are requesting that their universities divest from Israel. Nic Antaya/Getty Images Pro-Palestinian protesters demonstrate on the New York University campus in New York on Friday, May 3. Before police were deployed to campus, pro-Palestinian protesters and Israel supporters were clashing at the school , according to multiple reports. Joseph Prezioso/AFP/Getty Images Columbia University students gather for a picket organized by the Student Workers Union (UAW Local 2710) on Monday, April 29. Stefan Jeremiah/AP Israeli flags are reflected in the sunglasses of a demonstrator in front of Columbia University on April 22.
Persons: Macklemore, Joe Biden, ” Macklemore, Donald Trump, Columbia’s Hamilton, Hind Rajab, Hind, who’ve, , He’s, Biden, Jon Batiste, Selena Gomez, Annie Lennox, , Melissa Overton, Nic Antaya, Seth Harrison, Jenny Kane, Chip Somodevilla, Mathieu Lewis, Rolland, Craig Hudson, Emma, Roberto Schmidt, Etienne Laurent, Mike Blake, Spencer Platt, Frederic J . Brown, Caitlin Ochs, David Dee Delgado, Charly Triballeau, Kena Betancur, Seyma, Alex Kent, Joseph Prezioso, Suzanne Cordeiro, Diane Handal, Cliff Owen, Qian Weizhong, Mike Stewart, Sarah Reingewirtz, Jay Janner, Brandon Bell, Brian Snyder, Mike Johnson, Timothy A, Clary, Matthew Hatcher, Nuri Vallbona, Jordan Vonderhaar, Zaydee Sanchez, Cameron Jones, Stephanie Keith, Andres Kudacki, Tayfun, Joe Buglewicz, Fatih Aktas, Michael M, Mary Altaffer, Scott Eisen, Columbia's, Stefan Jeremiah, Selcuk, Seattle concertgoers, Seth Rogen Organizations: CNN, Columbia University, Biden, University of California, University of Arizona, Dua Lipa, Scottish, United Nations Relief, Works Agency for Palestine Refugees, Hamas, Protesters, University of Michigan's, New York University, Westchester County Journal, USA, Network Police, Portland State University, AP, George Washington University, Getty, The George Washington University, Israel, AFP, Police, UCLA, Reuters, Fordham, Lincoln Center, Getty Images Police, Hamilton, Reuters Police, Columbia, The City College of New, Getty Images, Columbia Students, Justice, Hamilton Hall, Brown University, Getty Images Columbia University, Student Workers Union, UAW, University of Texas, Low, Sunday, Rueters Georgia State Patrol, Emory University, MediaNews, Los Angeles Daily News, Austin Statesman, Network, Austin, University, Emerson College, Swarthmore College, Bloomberg, University of Southern, Reuters New York, Reuters Columbia, New York Times, Sproul Hall, Yale University, University police, York University, The New School, Massachusetts Institute of Technology, Library, Seattle, Trump Locations: Gaza, Israel, University of California Los Angeles, Palestine, Dua, Ann Arbor , Michigan, New York, Westchester, Portland , Oregon, Washington ,, Portland, The, Los Angeles, AFP, The City College of New York, Columbia, Columbia's, Providence , Rhode Island, Texas, Austin, New, Rueters Georgia, Atlanta, Getty Images Texas, Boston, Swarthmore , Pennsylvania, University of Southern California, Berkeley, Sproul, Anadolu, New Haven , Connecticut, Cambridge, Washington
Biden has said that Israel needs to do far more to protect the lives of civilians in Gaza. "We're going to continue to do what's necessary to ensure that Israel has the means to defend itself," Austin said. "But that said, we are currently reviewing some near-term security assistance shipments in the context of unfolding events in Rafah." A decision against Israel would further add to pressure on Biden to curb the flow of weapons and money to Israel's military. "Over the years, the United States has provided tens of billions of dollars in military aid to Israel.
Persons: Joe Biden, Kevin Lamarque, Biden, Israel, we're, Benjamin Netanyahu's, Ali Jadallah, Lloyd Austin, Austin, Menahem Kahana, Gilad Erdan, Mike Johnson, Mitch McConnell, Sen, Lindsey Graham, Bernie Sanders of, Sanders, Netanyahu, Hatem Khaled, Itamar Yaar Organizations: Gateway Technical College, Reuters, Hamas, CNN, Israel, Anadolu, Getty Images, Biden, White House National Security, Palestinian Hamas, Afp, Getty, United Nations, Congress, Republican, Republicans, Austin, Reuters Privately, The State Department, Israel's National Security Council, Islamic State Locations: Sturtevant , Wisconsin, U.S, Israel, Rafah, Gaza, I'm, Palestinian, Bernie Sanders of Vermont, United States, Egypt
Scroll In June 2020 I was kidnapped by armed men and heldfor ransom. Photographs and text by Manuel Bayo Gisbert I was kidnapped by armed menand held for ransom. In Mexico we say that when you see or experience something painful it can make us sick with horror. I turned to the families of the missing people of Mexico. In Mexico, We Harvest Pain and DeathOn Aug. 19, 2023, three years after I was kidnapped, my uncle Fernando Bayo was taken by four armed men in Acapulco.
Persons: Manuel Bayo Gisbert, Manuel Bayo, Ivonne’s, Hilda, Cheli’s, Rafael, Miguel Ángel, Justina’s, Abelardo, Lucio Cabañas, Cirino, , , Práxedes Giner Durán, Álvarez, Juárez, , Felipe Calderón, Calderón's, she’s, , Pachuca … It’s, Andrés Manuel López Obrador, López Obrador, Fernando Bayo Organizations: Mexico City, Mexican Army, Mexican, , Pachuca …, National, Brigade, Residents, Inter, American, Human, Signals, National Search Brigade Locations: Leer, español, Mexico, Parres, Chilpancingo, Guerrero, El Conchero, El Ticuí, Ciudad Madera, Chihuahua, Atoyac, Ciudad Juarez, Texas, , Pachuca, Veracruz, of Mexico, Ayotzinapa, U.S, Yecapixtla, Acapulco, Tihuatlán, Santiago, Mexico City
The UAE is boosting ties with China's air force. Major General Saleh Mohammed bin Mejren Al Ameri, commander of the UAE's Joint Operations, met with the commander of China's People's Liberation Army Air Force on April 23 to promote closer air force cooperation. Another even speculated Abu Dhabi may eventually seek China's premier stealth fighter: the fifth-generation J-20 Mighty Dragon. I don't see this relationship developing into something similar to what the UAE Air Force has with France or even Russia anytime soon." Furthermore, the Emirati air force fighter fleet is already large for such a small country, making it unlikely the L-15s will serve any combat role.
Persons: , General Saleh Mohammed bin Mejren Al Ameri, China's, Abu Dhabi, Abu, Abu Dhabi's, Ahmed Aboudouh, Aboudouh, Washington's hesitance, Fred Tanneau, Sebastien Roblin, Roblin, haven't, Russia's Su, Robin Organizations: Service, United, Liberation Army Air Force, Dassault Rafales, Chatham House, China Studies Unit, Emirates Policy Center, Rafale, Dassault Aviation, UAE Air Force, UAE, China hasn't, FC, Korea's KF, UAE . The Emirates, KF Locations: UAE, Washington, Beijing, United Arab Emirates, China, United States, Abu Dhabi, UAE's, France, Abu, Russia, Saudi, Pakistan, Ukraine
An Apple ad for its new iPad Pro seems to fall into the latter category. Posted on social media Tuesday by Apple CEO Tim Cook, the ad starts off as a sort of time capsule for human creativity. As we hear the opening words of “All I Ever Need Is You,” a 1972 single by Sonny & Cher, the metal slab starts descending. Even emoji aren't safe from the hydraulic press in Apple's iPad Pro ad. Others say that even though they understand what the ad is trying to say, it doesn’t resonate with them.
Persons: Tim Cook, There’s, Sonny & Cher, , Cher, “ I’m, , Kendall Jenner Organizations: CNN, Apple, Pepsi, Wall Street
Economist Frances Donald told Bloomberg TV that a sharper Fed pivot is ahead. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementMarkets are right to price in a Federal Reserve policy pivot but should brace for a rate-cutting cycle that's sharper than expected, economist Frances Donald told Bloomberg TV. "We believe we are heading into a proper downturn that will require a proper easing cycle." So we're not exiting the period in which rate hikes become really impactful in the economy," she said.
Persons: Frances Donald, , Donald, We're, Danielle DiMartino Booth Organizations: Bloomberg, Service, Manulife Investment Management
The app's founder, Edison Chen, described it as "a space for the older generations to feel more comfortable" in an interview with D Magazine last year and somewhere "the parents of TikTok users can express themselves." AdvertisementThe spokesperson said that since the House voted on a TikTok ban, Clapper has seen 30,000 new users. While the app heavily leans on Gen X and Y, the spokesperson said Clapper is adjusting its strategy "to appeal to younger audiences." It would remind me a bit of early Vine, but a lot of content I'm being served seems to be reposted old clips scraped from YouTube and other platforms. On Clapper, I'm watching without really thinking.
Persons: , Joe Biden, Edison Chen, Chen, I'm, Zers, TikTok, Shannon Lee, Allie, Rebecca Starkey, It's, vaxxers Organizations: Service, Business, D, Pew Research Center, YouTube, Facebook
A recession by early next year could send stocks down 30%, says BCA strategist Roukaya Ibrahim. AdvertisementThere are two factors signaling a recession by year-end or early 2025, and a downturn could spark a 30% correction in stocks, according to BCA strategist Roukaya Ibrahim. "But eventually, the unemployment rate is going to take higher and that's going to lead to concerns about a recession." Ibrahim isn't alone in calling a recession and a steep plunge in the stock market. Wall Street veteran Gary Shilling, known for predicting the mid-2000s mortgage bubble, is also forecasting a 30% stock market crash by the end of this year, with a recession likely to crush speculative bets that have piled up in recent years.
Persons: Roukaya Ibrahim, Gary Shilling, , Ibrahim, Ibrahim isn't Organizations: Wall Street, Service, Bloomberg Locations: Friday's, China, Europe
Elon Musk revealed that SpaceX "basically uses no AI." "I mean, oddly enough, one of the areas where there's almost no AI used is space exploration," Musk replied. "So SpaceX uses basically no AI, Starlink does not use AI. At X, Musk integrated his AI chatbot Grok — similar to ChatGPT — into the social media platform. Musk also considered using AI to help summarize news on the site.
Persons: Elon Musk, hasn't, , Elon, Musk, Michael Milken, I'm, he's, electrochemistry, Geoff Hinton Organizations: SpaceX, Service, Milken Institute Global, Musk, Milken Institute, Business
Gold prices inch higher on U.S. rate-cut bets, Middle East woes
  + stars: | 2024-05-07 | by ( ) www.cnbc.com   time to read: +2 min
One kilogram gold bullion at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Gold prices edged higher on Tuesday, steered by bets that the U.S. Federal Reserve would cut interest rates later this year and safe-haven demand for bullion as Gaza ceasefire remains uncertain. Spot gold was up 0.1% at $2,324.75 per ounce, as of 0148 GMT after rising more than 1% in the previous session. Fed Bank of New York President John Williams said on Monday that at some undefined point the U.S. central bank will lower its interest rate target. Lower rates increase the appeal of holding non-interest bearing gold.
Persons: that's, Matt Simpson, John Williams, Simpson, Israel, Heraeus Organizations: Co, U.S . Federal, Index, Fed Bank of New York, Investors, Hamas Locations: Bangkok, Thailand, Gaza, U.S, Palestinian, Rafah
That vessel has since sunk, scuppered by China’s support for Russia in the war in Ukraine and bitter disappointment over projects that never materialized. Also capsized are many of the high hopes that took hold across Eastern and Central Europe for a bonanza of Chinese money. So when Mr. Xi returns to the region this week, after a visit to France, he will travel to Serbia and Hungary, two countries whose long-serving authoritarian leaders still offer a haven for China in increasingly turbulent political and economic waters. “The Czechs, the Poles and nearly everyone else are really pissed at China because of the war,” said Tamas Matura, a foreign relations scholar at Corvinus University of Budapest. “But in Hungary that is not a problem, at least not for the government” of Prime Minister Viktor Orban, Mr. Matura said.
Persons: Xi Jinping, Europe’s, Xi, , Tamas Matura, Viktor Orban, Matura Organizations: Corvinus University of Budapest Locations: Czech Republic, Russia, Ukraine, Eastern, Central Europe, France, Serbia, Hungary, China,
A collection of so-called momentum misers are already seeing their 2024 earnings estimates revised downward and the stocks have few reasons that could drive them higher, according to Julian Emanuel, Evercore ISI managing director and head of equity, derivatives and quantitative strategy. Lowe's first-quarter results are due out on May 21, but 2024 earnings estimates have fallen 4.7% year to date, according to Evercore. LOW YTD mountain Lowe's stock. MicroStrategy also made the Evercore list. Still, its 2024 earnings estimates have been revised down by more than 116% since the year began.
Persons: Julian Emanuel, Emanuel, Russell, Lowe's, Morgan Stanley, Simeon Gutman, Gutman, MicroStrategy Organizations: ISI, Coterra Energy, Citigroup
A highly popular group of weight loss and diabetes drugs is still hard to find in the U.S. The dominant manufacturers of those treatments, Eli Lilly and Novo Nordisk , are making progress toward changing that. Patients using current autoinjectors for weight loss and diabetes drugs go through four different pens per month. Eli Lilly expects supply for Zepbound, Mounjaro and other incretin drugs to remain "quite tight" in the near- to mid-term as demand remains high, Ashkenazi said. On the day Eli Lilly reported earnings, shares of the company jumped more than 5% on the raised guidance and supply updates.
Persons: Eli Lilly, Anat Ashkenazi, There's, Ashkenazi, David Ricks, , Lilly, Chris Schott Organizations: U.S, Novo Nordisk, Nexus Pharmaceuticals, JPMorgan Locations: North Carolina, Indiana, Ireland, Germany, Europe, U.S
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