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Former Bing chief Mikhail Parakhin appeared to subtly criticize Microsoft AI CEO Mustafa Suleyman. Parakhin wrote it's "hard to disagree" when an X user said "we need you." The comment was in response to a post quoting Suleyman's recent TED Talk that was blasted by VCs. Mikhail Parakhin, who stepped down from his role just days after Suleyman became CEO of Microsoft AI, commented under an X post about the DeepMind cofounder. An X user wrote "We need you ngl" (short for "not gonna lie") under a post summarizing Suleyman's TED Talk last week, which some critics have been ripping into.
Persons: Mikhail Parakhin, Mustafa Suleyman, Parakhin, Suleyman's, , Suleyman Organizations: Bing, Microsoft, VCs, Service, Business
The deck kicked off a game of one-upmanship among Wall Street banks trying to keep their employees happy. Lit capitalized on poking fun at Wall Street culture, selling $35 dad hats that read, "Do You Know Who My Father Is?" There have, of course, been endless rumors about Lit's identity, especially among Wall Street underlings. Wall Street underlings have speculated about Litquidity's identity for years. Basak, one attendee said, wanted to take a "wrecking ball through it all" and hold Wall Street heavy hitters accountable.
Persons: Goldman Sachs, I've, David Solomon, Litquidity, Goldman, Solomon, Evercore, Michael Kovac, Lit, Warburg Pincus, Jamie Dimon, Jamie Dimon's, Banksy, Bennett Jordan, who've, Lit's, — Mark Moran, , Jefferies, Richard Handler, Spencer Platt, Isaac Laifer, Laifer, Handler, We'd, Henry, Hank, Medina, He's, he's, Jefferies Medina, Bart P, Fuchs, Karl Smith, Mark Moran, Moran, Bloomberg he'd, Zack DeZon, Getty Images Moran, Brian Hanly, Hanly, Sonali Basak, Angela Weiss, cryptocurrency, we'll, Mark, Medina's, weren't, CoinFLEX, Litquidity doesn't, Dave Portnoy, wasn't, Medina Ayden Syal, Kyle Zappitell, Zappitell, he'd, hasn't, Bennett Jordan —, Craig Sjodin, Litney, Paul Argenti, Wall Organizations: Goldman, New York Times, CNBC, Business, Bloomberg, Metropolitan Club of New, Nomura, Citigroup, Financial Times, Litney Partners, Whitney Partners, BI, ESPN, Litquidity, Centerview Partners, New York, Getty, Bain Capital, Litquidity Venture Partners, SEC, Cornell University, Wexford Capital —, Deutsche Bank, Deutsche, CFA, Getty Images, Bullish, Vice, Wall Street, Litquidity's, Manhattan's Rue, Fox Business, Litquidity Ventures, Coatue Management, SAFE, Soho House, Dartmouth University Locations: New York, Tribeca, Metropolitan Club of New York, Instagram, San Francisco, Medina, New York City, Miami, NoHo, Chad, Connecticut, Litquidity, Linktree, Soho
Oil and natural gas producer Coterra Energy (CTRA) delivered strong results Monday after closing bell, including beating expectations where it matters most: free cash flow. Bottom line All line items are important, but it's free cash flow that supports cash returns to shareholders. But it's important to remember that cash flow is a function of energy prices, and is therefore largely out of management's control. Guidance Operating and free cash flow guidance missed expectations, but the numbers are purely a function of oil prices and out of management's control. Bottom lineAll line items are important, but it's free cash flow that supports cash returns to shareholders.
Persons: It's, Coterra, Jim Cramer's, Jim Cramer, Jim, Nick Oxford Organizations: Coterra Energy, LSEG, buybacks, Management, CNBC, Reuters Oil Locations: Wink , Texas
Oil prices dip as markets debate hit from Middle East turmoil
  + stars: | 2023-10-10 | by ( ) www.cnbc.com   time to read: +2 min
Employees visit the Natural Gas Liquids (NGL) facility at Saudi Aramco's Shaybah oil field in the Rub' Al-Khali desert, also known as the 'Empty Quarter,' in Shaybah, Saudi Arabia, on Tuesday, Oct. 2, 2018. Oil prices edged down slightly on Tuesday after gaining more than 4% in the previous session as markets weighed the potential for supply disruptions as the conflict between Israel and the Palestinian Islamist group Hamas continued. While Israel produces very little crude oil, markets worried that if the conflict escalates it could hurt Middle East supply and worsen an expected deficit for the rest of the year. Israel's port of Ashkelon and its oil terminal have been shut in the wake of the conflict, sources said on Monday. The turmoil may also cause U.S. to tighten its sanctions on Iran and hurt export of Iranian oil, analysts said.
Persons: Brent, Israel Organizations: Hamas, U.S, West Texas Locations: Saudi, Shaybah, Saudi Arabia, Israel, Palestinian, Gaza, Ashkelon, Iran, United States, Venezuela, Caracas
Former Twitter employees filed a lawsuit accusing Elon Musk of sex, race, and age discrimination. The lawsuit notes that within weeks of the layoffs, Musk tweeted: "Testosterone rocks, ngl." A group of former Twitter employees filed a lawsuit on Tuesday accusing the platform's owner, Elon Musk, of sex, race, and age discrimination. It also alleges that the layoffs disproportionately impacted women, Black employees, and employees aged 50 and older. The lawsuit notes that within weeks of the layoffs, Musk tweeted on December 4, "Testosterone rocks, ngl," using the abbreviation for "not gonna lie."
Persons: Elon Musk, Musk, James Cameron's, Jon Tigar, baselessly, Tesla Organizations: Twitter, Rolling Stone, US Locations: Fremont
Vice Media Group logo Pavlo Gonchar | Lightrocket | Getty ImagesWhen Suroosh Alvi, Gavin McInnes and Shane Smith founded Vice magazine, which later expanded to Vice Media, they built a business based on a punk rock, counterculture image. GoDigital Media Group is a privately held conglomerate that owns video and music rights, especially in the Latin genre, and an array of different businesses. GoDigital plans to bid for Vice on Tuesday at a price between $300 million and $400 million, according to people familiar with the company's thinking. He will preach that message to Vice's employees on Day One if GoDigital acquires the company, he said. Smith, Vice's executive chairman and former CEO, couldn't be reached for comment.
Persons: Pavlo Gonchar, Suroosh Alvi, Gavin McInnes, Shane Smith, Smith, Jason Peterson, Logan Mulvey, GoDigital, Jason DeRulo, Peterson, Berkshire Hathaway, what's, Mulvey, John Leguizamo, Craig Greiwe, Sean, Diddy, Combs, couldn't, haven't, ' Peterson, Alex Wallace, Wallace, Gay Hendricks, We're, Adam Neumann's, I'm Organizations: Media, Lightrocket, Vice Media, GoDigital Media, Berkshire, Eastern Mountain Sports, NGL, Fortress Investment, Soros Fund Management, Monroe Capital, Fortress, Yahoo, CNBC Locations: Brooklyn , New York, Los Angeles
Cramer's Lightning Round: GE Healthcare is a buy
  + stars: | 2023-06-14 | by ( Julie Coleman | ) www.cnbc.com   time to read: +2 min
Stock Chart Icon Stock chart icon GE Healthcare's year-to-date stock performance. Stock Chart Icon Stock chart icon NGL Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon Fuelcell Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon Pampa Energia SA's year-to-date stock performance. Stock Chart Icon Stock chart icon Annaly Capital's year-to-date stock performance.
Persons: we've, NGL, Fuelcell, it's, Argentina's, Brazil's, Enphase, Annaly, Jim Cramer's Organizations: GE, GE Healthcare, CNBC, NGL, Fuelcell, Pampa Energia, Pampa Energia SA, Enphase, Annaly Locations: Pampa, it's
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Healthcare is a screaming buy right now, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stocks including: GE Healthcare, NGL Energy Partners, Fuelcell Energy, Pampa Energia, Enphase Energy and Annaly Capital Management.
Persons: Jim Cramer Organizations: GE Healthcare, NGL Energy Partners, Fuelcell, Pampa Energia, Enphase Energy, Annaly Capital Management Locations: Fuelcell Energy, Pampa
Goldman Sachs believes the current downturn in the energy sector has created attractive opportunities for investors. The energy sector is down 9.4% in 2023, the largest decline among the 11 major S & P 500 sectors. Goldman attributes the energy sector's underperformance to a combination of macroeconomic conditions. Mild winter temperatures drove lower natural gas prices, and Russian oil supplies were s well higher-than-expected. Goldman also picked oil services company Halliburton as an underappreciated energy name.
Jan 3 (Reuters) - Targa Resources Corp (TRGP.N) said on Tuesday it will buy the remaining stake in its Grand Prix NGL Pipeline that it does not already own, for $1.05 billion in cash from Blackstone Inc's (BX.N) energy unit. Targa, which will purchase 25% stake from Blackstone Energy Partners, acquired 75% interest in the pipeline last year when it repurchased interests in its development company joint ventures from investment firm Stonepeak Partners LP for about $925 million. The Stonepeak deal also included 100% interest in its Train 6 fractionator in Mont Belvieu, Texas, and a 25% equity interest in the Gulf Coast Express Pipeline. Grand Prix has the capacity to transport up to 1 million barrels per day (bpd) of natural gas liquids (NGL) to the NGL market hub at Mont Belvieu. Targa said on Tuesday the price of the Blackstone Energy Partners deal, which is expected to close in the first quarter of 2023, represents about 8.75 times Grand Prix's estimated 2023 adjusted EBITDA multiple.
Twitter's new verification system is already being abused by trolls impersonating public figures. Neither Bush nor Blair have personal Twitter accounts, but are verified through their foundations. Other examples of fake but verified accounts causing trouble soon after the new verification system came in included a user pretending to be O.J. "I'm ngl I did that shit," the verified account "ThaReal0J32" tweeted, attracting over 55,000 likes before it was deleted. The fake Bush account also responded to tweets about fake verified accounts saying: "Jed [Bush's younger brother] is smarter than Elon."
Shares of Club holding Pioneer Natural Resources (PXD) climbed in extended trading Thursday on the back of solid third-quarter results. Most importantly for the Club, Pioneer continued to demonstrate its commitment to returning the majority of its excess cash to shareholders via buybacks and dividends. Here's a breakdown: Oil: 354,040 barrels a day, ahead of expectations for 353,600 barrels a day. Total oil equivalent production per day in a range of 655,000 barrels to 680,000 barrels, versus a consensus estimate of 653,900 barrels a day. The company continues to forecast oil production between 350,000 barrels a day and 365,000 barrels a day, while it expects total production of barrels of oil equivalent a day between 623,000 and 648,000.
PNL și PMP au acumulat cele mai multe voturi la secțiile de votare din Republica MoldovaÎn cadrul scrutinului de duminică, 26 mai, în care cetățenii români și-au ales reprezentanții în Parlamentul European, la secțiile de votare deschise în Republica Moldova cei mai mulți alegători au susținut Partidul Național Liberal (PNL) și Partidul Mișcarea Populară (PMP). La diferență mare vine Alianța 2020 USR-PLUS, care a acumulat peste 3500 de voturi. Lista este completată de Partidul România Unită, cu aproximativ 300 de voturi, Partidul Alianța Liberalilor și Democraților (ALDE), puțin peste 180 de voturi, Partidul Socialist Român cu peste 130 de voturi, și Partidul PRODEMO, puțin peste 100 de persoane. După numărarea a 96% din procesele verbale, PNL a acumulat cele mai multe voturi –26,81% (10 mandate). Grupul Europa Libertății și Democrației Directe (EFDD) a acumulat 56 de locuri, Stânga Unită Europeană /Stânga Verde Nordică (GUE/NGL) 38 de locuri, candidați independenți au acumulat 7 locuri și alte partide 28 de locuri.
Persons: George Simion, Petre Costea, moldovean Iurie Leancă, Manfred Weber, Philippe Lamberts, CRE Organizations: PNL, Parlamentul European, Partidul Național Liberal, Partidul Mișcarea Populară, USR, Partidul Social Democrat, PSD, Partidul Pro România, Partidul România Unită, Partidul Alianța Liberalilor, Democraților, ALDE, Partidul Socialist Român, Alianța USR, Pro România, UDMR, Parlamentul, Partidului Popular European, PPE, Socialiștilor, Alianța Liberalilor, Verzilor, Alianța Liberă Europeană, Europa Libertății, Democrației, Stânga Unită Europeană, Stânga Verde Locations: Republica Moldova, României, România, moldovean, UE, Europa, Europeni, Stânga
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