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☆ This Ramadan, queer and transgender Muslims made their own community
▼ + stars: | 2024-04-17 | by ( Shahamat Uddin | ) www.businessinsider.com time to read: +10 min

Queer and transgender Muslims came together to break their Ramadan fasts. But for queer and transgender Muslims, this practice of ummah, or the connectedness Muslims feel while exercising their faith together, has often made them feel excluded from traditional Ramadan celebrations. Courtesy of Dinean RobinsonThe iftar — which included prayers led by a queer Muslim community member named Shiffa, and joyful drag-queen performances — was just one of many ways queer and transgender Muslims fostered community this Ramadan. Dena Igusti celebrated this Ramadan with fellow queer Muslims, saying it helped them get back in touch with their faith. In New York City, queer Muslims joined in song and dance at the LGBT Community Center's iftar to celebrate their layered identities.

Persons: —, affirmations, I've, Armana Khan, Dinean Robinson, Khan, Islam, Reimagining, they'd, Kahani, Dinean Robinson Sophia Uppal, Uppal, wouldn't, Dena Igusti, Ramie Ahmed, Ramadan, Igusti, Imam Daayiee Abdullah, We're, MASGD, Shiffa, Center's iftar, Yaffa Organizations: Service, LGBT Community, The, New York, LGBT Community Center, BI, Mecca Institute, Muslim Alliance, Sexual, Diversity, Queer, Shia, LGBT Locations: New York, queerness, Queens , New York, New, Hajj, Mecca, Palestinian, New York City

☆ Feeling FOMO over Reddit or Truth Social? Here's another way to cash in on meme stocks
▼ + stars: | 2024-04-03 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Meme stocks, which gained popularity through social media platforms like Reddit and Twitter, have attracted retail investors looking to make a quick profit. In 2021, GameStop shares skyrocketed by more than 1,500% in just a few weeks, driven by a coordinated effort from retail investors on the Reddit forum r/WallStreetBets . This means that retail investors are often in a disadvantaged position when trading. Cashing in So, what can investors do to capitalize on the trading phenomenon without taking on the risks associated with meme stocks? Gooch-Peters suggests looking at the exchanges themselves, citing Intercontinental Exchange (ICE) as an example.

Persons: Hannah Gooch, Peters, Gooch, Gerry Fowler, Fowler Organizations: GameStop, Sanlam Investments, Twitter, UBS, Intercontinental Exchange, ICE, Quality, New York Stock Exchange, Nasdaq, CBOE

☆ This payments firm has Nvidia-like profit margins — and it's even more sustainable, investor says
▼ + stars: | 2024-04-01 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Gooch-Peters pointed to Visa — which has a 60% operating profit margin — as a more sustainable investment opportunity. This creates a strong competitive moat and helps to sustain the company's high profit margins over time. Gerry Fowler, chief European equity strategist at UBS, echoed the sentiment about the importance of a company's competitive moat while picking stocks. The UBS strategist pointed to the attempts of Apple, then the world's biggest company, to break into the payments network sector. The UBS strategist also cautioned that impenetrable moats might sometimes pose a downside risk to investors.

Persons: Hannah Gooch, Peters, you've, Gooch, London Business School . Gooch, " Gooch, Gerry Fowler, Fowler, Flower Organizations: Nvidia, Sanlam Investments, CNBC, London Business School, Visa, Sanlam's, Quality, UBS, Apple, world's, MasterCard, Apple Card, Mastercard, U.S

☆ U.S. or Europe — where's best to invest right now? CNBC Pro Talks goes on the road to find out
▼ + stars: | 2024-03-26 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +2 min

This Wednesday at London Business School, CNBC's Steve Sedgwick will ask two market experts where's best to invest right now. Fowler leads UBS' European equity strategy and global derivative strategy teams. Gooch-Peters is a member of Sanlam's global high-quality equity team and leads the global equity team's investment strategy. Fowler leads UBS' European equity strategy and global derivative strategy teams. Gooch-Peters is a member of Sanlam's global high-quality equity team and leads the global equity team's investment strategy.

Persons: Steve Sedgwick, Gerry Fowler, Hannah Gooch, Peters, Fowler, Gooch, Hannah Organizations: CNBC, London Business School, UBS, Chief European, Sanlam Investments, BNP Paribas, Citi, Sanlam Locations: Abrdn, London, . New York, Singapore

☆ Israel to Attend New Ceasefire Talks as UN Says Gaza Hunger Crisis Worsens
▼ + stars: | 2024-03-16 | by ( March | At A.M. | ) www.usnews.com time to read: +3 min

DOHA/JERUSALEM (Reuters) -The main U.N. aid agency operating in Gaza said on Saturday that acute malnutrition is rising more quickly in the north of the enclave as Israel prepared to send a delegation to Qatar for new ceasefire talks. Israel said on Friday it would send a delegation to Qatar for more talks with mediators after its enemy Hamas presented a new proposal for a ceasefire with an exchange of hostages and prisoners. Israel's ground and air campaign has killed more than 31,500 people, mostly women and children, according to the health ministry in Hamas-run Gaza. Israel says it puts no limit on humanitarian aid for civilians in Gaza and blames slow aid delivery on incapacity or inefficiency among U.N. agencies. Air and sea relief deliveries into Gaza have started, but aid agencies say these are no substitute for bringing in supplies by land.

Persons: David Barnea, Benjamin Netanyahu, Ramadan, Olaf Scholz, Jordan, Andrew Mills, Angus McDowall, Alexandra Hudson Organizations: The United Nations Relief, Works Agency for Palestine Refugees, Hamas, Air, Maayan Locations: DOHA, JERUSALEM, Gaza, Israel, Qatar, Rafah, Cyprus, United States, Doha, Jerusalem

☆ Muslims spot Ramadan crescent moon in Saudi Arabia, meaning month of fasting starts Monday for many
▼ + stars: | 2024-03-10 | by ( ) www.cnbc.com time to read: +5 min

Officials saw the crescent moon Sunday night in Saudi Arabia, home to the holiest sites in Islam, marking the start of the holy fasting month of Ramadan for many of the world's 1.8 billion Muslims. Saudi state television reported that authorities there saw the crescent moon. However, there are some Asia-Pacific countries like Australia, Brunei, Indonesia, Malaysia and Singapore, that will begin Ramadan on Tuesday after failing to see the crescent moon. In Saudi Arabia, the kingdom had been urging the public to watch the skies from Sunday night in preparation for the sighting of the crescent moon. The Palestinian territories will begin Ramadan on Monday as well.

Persons: Jordan, Saudi King Salman, Ayatollah Ali Khamenei, Ramadan, Robabeh, it's, Prophet Muhammad, Israel, Jerusalem's Organizations: Iran's, Hamas, Islamic Locations: Musyari'in, Jakarta, Indonesia, Saudi Arabia, Islam, Saudi, Iraq, Syria, Egypt, Asia, Pacific, Australia, Brunei, Malaysia, Singapore, Oman, Israel, Gaza, Palestine, Mecca, Iran, Tehran, Persian, Nowruz, U.S, Jerusalem's Al, Aqsa, Sudan

This black market for foreign currencies is among the signs of the economic woes plaguing Algeria. In the oil-rich North African nation, business owners are rumored to be dumping their assets and scrounging up euros on the black market so their wealth isn't stuck. The government estimates roughly $7 billion worth of foreign currency trades hands on the country's black market. Traders are intimately aware that the gap between the official and black market exchange rate can narrow or widen by the day. The growing chasm between the official and black market rates meant fewer euros are getting into the country, he said.

Persons: isn't, Belamane, Nourdine Sadaoui, Hicham Safar, “, ”, Abdelmajid Tebboune, Karim Allam Organizations: Associated Press, Traders, “, Bank of Locations: ALGIERS, Algeria, Algiers, Mecca, Europe's, Lebanon, Nigeria, Bank of Algeria, Ukraine, Europe, Russian

☆ Indian State's Polygamy Ban Divides Some Muslim Women
▼ + stars: | 2024-02-11 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +4 min

For others like Jafar, Muslim politicians and Islamic scholars, it is an unwelcome stunt by Prime Minister Narendra Modi's Hindu nationalist party. A 2013 survey found 91.7% of Muslim women nationwide saying a Muslim man should not be allowed to have another wife while married to the first. The Supreme Court in 2017 found the Islamic instant divorce unconstitutional, but the order did not ban polygamy or some other practices that critics say violate equal rights for women. The All India Muslim Personal Law Board called the code impractical and a direct threat to a multi-religious Indian society. "Banning polygamy makes little sense because data shows very few Muslim men have more than one wife in India," said board official S.Q.R.

Persons: Bano, Sadaf Jafar, Jafar, Narendra Modi's, Modi's, Ilyas, Rupam Jain, William Mallard Organizations: DELHI, Reuters, Modi's Bharatiya Janata Party, BJP, SOCIETY BJP, Islam Locations: Islam, Uttarakhand, India's, India, Uttar Pradesh

☆ These stocks that are reporting earnings next week have momentum going for them
▼ + stars: | 2024-01-18 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

A host of companies reporting quarterly results next week have momentum on their side after Wall Street analysts boosted their earnings estimates on them over the past three months. The fourth-quarter earnings season is expected to show tech stocks as the standout segment of the benchmark S & P 500. Still, some stocks that are set to report earnings next week have seen analysts bump up their profit forecasts. INTC YTD mountain Intel stock has ticked down about 6% from the start of the year. Analysts surveyed by FactSet now estimate the company will notch an adjusted earnings per share of $7.07 in its most recent quarter.

Persons: FactSet, it's Organizations: Wall Street, CNBC, Intel, Nvidia, AMD . Semiconductor, Lam Research, VanEck Semiconductor, Xcel Energy Locations: Horton

☆ Explainer-What's the Israel-Palestinian Conflict About and How Did It Start?
▼ + stars: | 2024-01-13 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +8 min

The conflict pits Israeli demands for security in what it has long regarded as a hostile Middle East against Palestinians' unmet aspirations for a state of their own. In 1979, Egypt became the first Arab state to sign a peace treaty with Israel. Two-state solution: An agreement that would create a state for the Palestinians in the West Bank and Gaza Strip alongside Israel. Israel has said a Palestinian state must be demilitarised so as not to threaten its security. Jerusalem: Palestinians want East Jerusalem, which includes the walled Old City's sites sacred to Muslims, Jews and Christians alike, to be the capital of their state.

Persons: David Ben, Gurion, Israel, Yasser Arafat, Yitzhak Rabin, Arafat, Bill Clinton, Ehud Barak, Donald Trump's, Joe Biden's, Trump, Edmund Blair, Timothy Heritage Organizations: United Nations General Assembly, Arab League, West Bank, Palestine Liberation Organization, PLO, Palestinian, European Union, U.S, Israel Locations: Israel, East, Palestine, British, Jerusalem, Jordan, Lebanon, Syria, Gaza, East Jerusalem, Egypt, Israeli, Suez, Golan, Lebanon's Iran, United States, Oslo, Arab, Palestinian, Qatar, Saudi Arabia, Riyadh, U.S

The speech by Hamas' leader in Gaza to thousands of cheering supporters bore the hallmarks of crowd-pleasing hyperbole. In the days after the Oct. 7 attacks, Sinwar was seen by some of the Israeli hostages in the tunnels, freed hostages have said. "DEAD MAN WALKING"Born in the Khan Younis refugee camp, Sinwar, 61, was elected as Hamas' leader in Gaza in 2017. Both Hamas leaders and Israeli officials who know Sinwar agree he is devoted to the militant movement to an extraordinary level. "He told me Hamas is my wife, Hamas is my child.

Persons: Yahya Sinwar, Mohammed Deif, Heard, Aqsa, Sinwar, Khan, Yoav Gallant, Michael Koubi, Koubi, Yuval Bitton, Bitton, Stephen Farrell, Jonathan Saul, Samia, Nidal Al, Frank Jack Daniel Our Organizations: Hamas, Deif, Reuters, Shin Bet, Prison, Thomson Locations: Gaza, Israel, Israel's, Hamas, Al, Jerusalem, Qatar, Gaza City, Lebanon, Bitton, London, Samia Nakhoul, Beirut, Mughrabi, Cairo

☆ 'Leave The World Behind': Strangers, danger and layers, says Julia Roberts
▼ + stars: | 2023-11-29 | by ( Hanna Rantala | ) www.reuters.com time to read: +2 min

[1/4] Cast members Julia Roberts and Myha'la Herrold attend the World Premiere of the film "Leave the World Behind" in London, Britain, November 29, 2023. REUTERS/Hannah McKay Acquire Licensing RightsLONDON, Nov 29 (Reuters) - U.S. actress Julia Roberts says her new film "Leave The World Behind" is a multilayered disaster thriller that allowed her to play someone very different from herself. Executive produced by former U.S. President Barack Obama and Michelle Obama, the movie is written and directed by "Mr. It was just all the layers of the people and the circumstances," Roberts told Reuters at the film's premiere in London on Wednesday. "Leave The World Behind", which also stars Ethan Hawke and Kevin Bacon, is out in select cinemas and starts streaming on Netflix on Dec. 8.

Persons: Julia Roberts, Myha'la Herrold, Hannah McKay, Barack Obama, Michelle Obama, Mr, Sam Esmail, Rumaan Alam, Roberts, Amanda, Mahershala Ali, Myha'la, Esmail, Ethan Hawke, Kevin Bacon, Hanna Rantala, Josie Kao Organizations: REUTERS, U.S, Reuters, Hollywood, Netflix, Thomson Locations: London, Britain

The Haslams' lawyers and a representative for the family didn't immediately respond to requests for comment. A senior executive who had been promised a bonus revealed that to the current Pilot CEO, who Berkshire appointed after it took over, according to the filing. Berkshire initially bought 38.6% of Pilot back then for $2.758 billion before more than doubling that to 80% this year for an additional $8.2 billion. Pilot is the nation’s largest network of truck stops with more than 850 locations and roughly 30,000 employees in the United States and Canada. Berkshire said it's impossible to calculate how much Pilot's profits may have been inflated this year because of decisions executives who were promised bonuses made.

Persons: — Warren, Berkshire Hathaway, Haslam, Jimmy Haslam, Bill Haslam —, Berkshire, Jim Haslam — Jimmy, Bill Haslam's, —, Buffett Organizations: Cleveland Browns, Berkshire, BNSF, Apple, American Express, Bank of America Locations: OMAHA, Neb, Berkshire, Tennessee, Knoxville , Tennessee, United States, Canada

☆ A Singaporean couple built 500 homes on the Ukrainian frontlines as the war raged around them. Here's how they did it.
▼ + stars: | 2023-11-25 | by ( Matthew Loh | ) www.businessinsider.com time to read: +13 min

Lam Baoyan and Rudy Taslim are a Singaporean couple who built 500 emergency homes in Ukraine. Lam Baoyan and Rudy Taslim. A team of Ukrainian aid workers helps them identify people who need homes the most and coordinate delivery. Rudy Taslim and Lam Baoyan. Lam Baoyan and Rudy Taslim.

Persons: Lam Baoyan, Rudy Taslim, they've, —, Lam, Lam's, Taslim, Rudy Taslim Lam, who'd, she'd, it's, couldn't, hadn't, Moshchun —, We've, Yulia, Andrii Lupaniek, Lupaniek, Lyman Organizations: Service, Business, Genesis Architects, Labor, BI, Cross Singapore, Singapore Locations: Ukraine, Ukrainian, Russian, Singapore, TKTK, Bad Blankenburg, Germany, Russia's, Poland, Lviv, Maldives, Taiwan, New Zealand, Lam, Lyman, Irpin, Moshchun, Ternopil, Kyiv

☆ My retirement savings have grown for 4 years straight thanks to a foolproof investing strategy I learned from 'Millionaire Teacher'
▼ + stars: | 2023-11-17 | by ( Alexis Rhiannon | Stephanie Hallett | Read More | ) www.businessinsider.com time to read: +7 min

I followed Hallam's advice and invested in index and bond funds, and my portfolio has grown consistently for four years. I keep a ratio of 70% stock funds and 30% bond funds, with an even split between international and domestic stocks. If stock market index funds are unsexy, then bonds are flat-out frumpy. Dips in the stock market. In a wildly volatile year, when the stock market is moving by 20% or more, you could absolutely get in more frequently to try to rebalance your ratios.

Persons: Andrew Hallam, —, I've, Andrew Hallam's, I'd, Hallam, they're, That's, Read, it's, Get Organizations: Service, SoFi, SEC Locations: foolproof, Hallam

GAZA, Nov 8 (Reuters) - The Israeli air strike hit Mohammed Hamdan's Gaza home soon after Islam's evening prayer on Tuesday, he said, killing 35 members of his extended family across three generations from Kamal, aged 70, to Rasmi, aged seven. The Hamdan family is one of many in Gaza eviscerated by an unprecedented air and artillery bombardment that has killed more than 10,000 people according to health authorities in the tiny, crowded, Hamas-run enclave. Israel's military has entirely encircled northern Gaza under cover of a weeks-long barrage that has also pounded southern areas such as Khan Younis, where the Hamdan family lived. [1/3]Palestinian Mohammed Hamdan, who lost 35 family members of three generations in an Israeli air strike, stands on the rubble of his family home that was destroyed in the strike, in Khan Younis in the southern Gaza Strip November 7, 2023. Through those hard decades the Hamdan family expanded and its Khan Younis home was the centre of its life.

Persons: Mohammed Hamdan's, Kamal, Hamdan, Malak, Ahmed, Khan Younis, Israel's, Israel, Mohammed Hamdan, Mohammed Salem, Abu, Abu Sultan, Tala, Nidal al, Angus McDowall, Crispian Balmer, Alex Richardson Organizations: Hamas, REUTERS, Thomson Locations: GAZA, Mohammed Hamdan's Gaza, Rasmi, Gaza, Palestinian, Egypt, Israel, Sila

☆ Israel-Hamas war in Gaza: What is the history of the conflict?
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +7 min

[1/3]Smoke rises after Israeli strikes on the seaport of Gaza City, in Gaza, October 10. Two-state solution: An agreement that would create a state for the Palestinians in the West Bank and Gaza Strip alongside Israel. Israel has said a Palestinian state must be demilitarized so as not to threaten its security. Refugees: Today about 5.6 million Palestinian refugees - mainly descendants of those who fled in 1948 - live in Jordan, Lebanon, Syria, the Israeli-occupied West Bank and Gaza. Israel says any resettlement of Palestinian refugees must occur outside of its borders.

Persons: David Ben, Gurion, Israel, Yasser Arafat, Mohammed Salem, Yitzhak Rabin, Arafat, Bill Clinton, Ehud Barak, Donald Trump, Joe Biden, Trump, Edmund Blair, Stephen Farrell, Mark Heinrich Our Organizations: Israel, West Bank, Palestinian, REUTERS, Palestine Liberation Organization, Oslo Accords, Arab League, U.S, Reuters, Thomson Locations: Israel, kibbutzes, Gaza, East, British, Palestine, Jordan, Lebanon, Syria, East Jerusalem, U.S, Egypt, Suez, Golan, Lebanon's Iran, Gaza City, Oslo, Israeli, Arab, Palestinian, Washington, Saudi Arabia, Riyadh, Jerusalem

Berkshire changed the accounting practices at Pilot this year after it acquired control of the company. “Berkshire is intent on using the accounting change to justify grossly underpaying Pilot (the Haslam family) for its 20% interest," the lawsuit said. The Haslam family, which includes Cleveland Browns owner Jimmy Haslam and former Tennessee Gov. But the family did say Berkshire estimated its stake would be worth $3.2 billion without the accounting change. “This legal dispute is limited to a narrow issue between owners and is in no way related to the management or day-to-day operations of Pilot Company," Seabrook said.

Persons: Haslam, Warren Buffett, Berkshire Hathaway, Jim Haslam, Jimmy Haslam, Bill Haslam, Buffett, Kristin Seabrook, Seabrook, Haslams, “ Organizations: Travel Centers, Berkshire, Cleveland Browns, Tennessee Gov, Pilot Company Locations: OMAHA, Neb, Pilot, Berkshire, “ Berkshire, United States, Canada

Saudi Crown Prince Mohammed bin Salman receives U.S. President Joe Biden at Al Salman Palace upon his arrival in Jeddah, Saudi Arabia, July 15, 2022. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS/File Photo Acquire Licensing RightsWASHINGTON, Oct 24 (Reuters) - U.S. President Joe Biden and Saudi Arabian Crown Prince Mohamed bin Salman on Tuesday discussed efforts to prevent the Israel-Hamas conflict from widening, the White House said. Biden and the Saudi crown prince welcomed the delivery of humanitarian assistance from Egypt into Gaza and recognized that "much more is needed for civilians" to have sustained access to food, water and medical assistance, according to the White House. They both welcomed ongoing efforts to secure the release of hostages held by Hamas and called for their immediate release, the White House added. Biden and U.S. Secretary of State Antony Blinken have said they thought Hamas' Oct. 7 assault on Israel that left over 1,400 people dead was in part motivated to disrupt a potential normalization of ties between Israel and Saudi Arabia.

Persons: Prince Mohammed bin Salman, Joe Biden, Mohamed bin Salman, Biden, Antony Blinken, Donald Trump, John Kirby, Kanishka Singh, Ismail Shakil, Chris Reese, Chizu Nomiyama, Cynthia Osterman Organizations: Al, Saudi Royal Court, REUTERS, Rights, Saudi Arabian, White, Hamas, U.S, United, White House, Thomson Locations: Saudi, Jeddah, Saudi Arabia, Bandar, Israel, Egypt, Gaza, United States, United Arab Emirates, Bahrain, Riyadh, Gulf

☆ Hamas attack aimed to disrupt Saudi-Israel normalization -Biden
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Jonathan Ernst/Pool/... Acquire Licensing Rights Read moreWASHINGTON, Oct 20 (Reuters) - Palestinian Islamist group Hamas' Oct. 7 attack on Israel that killed about 1,400 people aimed to disrupt a potential normalization of ties between Israel and Saudi Arabia sought by Riyadh, U.S. President Joe Biden said on Friday. Biden suggested Saudi wanted to recognize Israel in the comments he made at a campaign fundraiser. "One of the reasons Hamas moved on Israel ... they knew that I was about to sit down with the Saudis," Biden said. Blinken told CNN on Oct. 8 that "it wouldn’t be a surprise that part of the motivation (for the attack) may have been to disrupt efforts to bring Saudi Arabia and Israel together." Biden told CBS' 60 Minutes in an interview that aired last Sunday that the prospect of normalization was "still alive, it's going to take time."

Persons: Joe Biden, Jonathan Ernst, Biden, Saudi, Donald Trump, Antony Blinken, Blinken, Israel, Nandita Bose, Kanishka Singh, Costas Pitas, Grant McCool, Lincoln Organizations: Ukraine, Oval, White, REUTERS, Hamas, United, Israel, CNN, CBS, Thomson Locations: Israel, Gaza, Russia, Washington , U.S, WASHINGTON, Saudi Arabia, Riyadh, U.S, East, United Arab Emirates, Bahrain

☆ Hamas Attack Aimed to Disrupt Saudi-Israel Normalization -Biden
▼ + stars: | 2023-10-20 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +1 min

WASHINGTON (Reuters) - Palestinian Islamist group Hamas' Oct. 7 attack on Israel that killed about 1,400 people aimed to disrupt a potential normalization of ties between Israel and Saudi Arabia, U.S. President Joe Biden said on Friday. "One of the reasons Hamas moved on Israel ... they knew that I was about to sit down with the Saudis," Biden said at a campaign fundraiser. The potential normalization of relations with Saudi Arabia and other Arab states was a top priority for Secretary of State Antony Blinken during his June trip to Riyadh, although he acknowledged no progress should be expected imminently. Blinken told CNN on Oct. 8 that "it wouldn’t be a surprise that part of the motivation (for the attack) may have been to disrupt efforts to bring Saudi Arabia and Israel together." Biden told CBS' 60 Minutes in an interview that aired last Sunday that the prospect of normalization was "still alive, it's going to take time."

Persons: Joe Biden, Donald Trump, Biden, Antony Blinken, Blinken, Israel, Nandita Bose, Kanishka Singh, Costas Pitas, Grant McCool Organizations: WASHINGTON, Hamas, United, CNN, CBS Locations: Israel, Saudi Arabia, U.S, East, United Arab Emirates, Bahrain, Riyadh, Gaza

☆ Stocks making the biggest moves midday: Tesla, Netflix, American Airlines, AT&T and more
▼ + stars: | 2023-10-19 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Las Vegas Sands – The casino operator rose 3.8% after topping revenue estimates for the third quarter and pointing to a recovery in Macao and Singapore. Las Vegas Sands posted revenues of $2.8 billion, exceeding the $2.73 billion expected by analysts polled by LSEG. American Airlines — Shares advanced 2% midday even after the air carrier posted weaker-than-expected earnings and revenue for the third quarter . Netflix added 8.76 million subscribers in the quarter while analysts polled by StreetAccount forecast 5.49 million. Zscaler — Stock in the cloud security firm added 1% following an upgrade to buy from Jefferies on Thursday, citing upside to 2024 earnings estimates.

Persons: Tesla, Blackstone, LSEG, —, Alex Harring, Hakyung Kim, Samantha Subin, Tanaya Macheel Organizations: Union Pacific, LSEG, Vegas Sands, Las Vegas Sands, LSEG . American Airlines —, Netflix, StreetAccount, Lam Research, Zions, Jefferies, Blackstone — Locations: Vegas, Macao, Singapore, Las, Atlantic, Pacific

REUTERS/Florence Lo/Illustration Acquire Licensing RightsOct 18 (Reuters) - Chip manufacturing equipment supplier Lam Research (LRCX.O) forecast second-quarter revenue slightly below Wall Street estimates on Wednesday due to weak memory chip demand, even though its China business continues to boom. Lam posted first-quarter revenue of $3.48 billion, compared with market estimates of $3.41 billion. China constituted 48% of its first-quarter revenue compared with 30% a year earlier, the company said. The rules narrowed restrictions announced last year that cost Lam roughly $2 billion dollars in lost revenue. "I don't know if China is up, down or sideways next year, but it's not going away," Bettinger said.

Persons: Florence Lo, Doug Bettinger, Bettinger, Lam, it's, Jaspreet Singh, Max A, Sriraj Kalluvila, Jamie Freed Organizations: REUTERS, Lam Research, Samsung Electronics, SK Hynix, Micron Technology, Thomson Locations: China, Fremont , California, Bengaluru, Max, San Francisco

☆ Two Swedes shot dead in Brussels; Belgium raises terror alert to top level
▼ + stars: | 2023-10-16 | by ( Philip Blenkinsop | ) www.reuters.com time to read: +5 min

The likely motive for the attack was the Swedish nationality of the victims, the prosecutor said. The suspected assailant, calling himself Abdesalem Al Guilani, claimed in a video on social media that he was a fighter for Allah. Belgian Prime Minister Alexander de Croo confirmed on social media platform X, formerly known as Twitter, the victims were Swedish. "I have just offered my sincere condolences to the Swedish PM following tonight’s harrowing attack on Swedish citizens in Brussels," de Croo said on X. France is tightening controls at the border with Belgium after the deadly attack in Brussels, Belgian media said.

Persons: Abdesalem Al Guilani, Alexander de Croo, de Croo, Gunnar Strommer, King, Yves Herman Acquire, Ulf Kristersson, Emmanuel Macron, Allahu Akbar, Al Guilani, hamdoulelah, Salam Aleykoum, Philip Blenkinsop, Marine Strauss, Anna Ringstrom, Terje Solsvik, Richard Lough, John Cotton, Gabriela Baczynska, Stephanie Lecocq, Tassilo Hummel, Benoit van Overstraeten, Tommy Lund, Jan Strupczewski, Silvia Aloisi, Hugh Lawson, Matthew Lewis, Gerry Doyle Organizations: Islamic State, Palestinian, European Commission, Belgian, Twitter, PM, Sweden's, Reuters, Swedish, Thomson Locations: BRUSSELS, Brussels, Belgium, Sweden, Belgian, Israel, Swedish, France, Islamic State

☆ Two Swedes shot dead in Brussels, Belgium raises terror alert to top level
▼ + stars: | 2023-10-16 | by ( Philip Blenkinsop | ) www.reuters.com time to read: +5 min

The suspected assailant fled the scene after the shooting as a football match between Belgium and Sweden was about to start, triggering a massive manhunt and prompting Belgium to raise its terror alert to the highest level. The federal prosecutor said the third victim, who was wounded but not in life-threatening condition, was a taxi driver. Belgian Prime Minister Alexander de Croo confirmed on social media platform X, formerly known as Twitter, that the victims were Swedish. "I have just offered my sincere condolences to the Swedish PM following tonight’s harrowing attack on Swedish citizens in Brussels," de Croo said on X. France is tightening controls at the border with Belgium after the deadly attack in Brussels, Belgian media said.

Persons: Abdesalem Al Guilani, Alexander de Croo, de Croo, Gunnar Strommer, Ulf Kristersson, King, Yves Herman Acquire, King Baudouin, Emmanuel Macron, Allahu Akbar, Al Guilani, hamdoulelah, Salam Aleykoum, Philip Blenkinsop, Marine Strauss, Anna Ringstrom, Terje Solsvik, Richard Lough, John Cotton, Jan Strupczewski, Silvia Aloisi, Hugh Lawson, Matthew Lewis Organizations: State, Palestinian, European Commission, Belgian, PM, Sweden's, Reuters, Government, Swedish, Thomson Locations: BRUSSELS, Brussels, Belgium, Sweden, Belgian, Israel, jihadists, Swedish, France, Islamic State

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