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☆ King Charles’ first official portrait by Jonathan Yeo unveiled
▼ + stars: | 2024-05-15 | by ( Christy Choi | ) edition.cnn.com time to read: +5 min

CNN —Buckingham Palace revealed the first official portrait of King Charles III since his coronation on Tuesday, and it’s proving to be divisive with its lurid red brushstrokes. The 8.5 by 6.5-foot painting is by British artist Jonathan Yeo, who has painted high-profile subjects throughout his career including former British Prime Minister Tony Blair, actor Nicole Kidman and education activist Malala Yousafzai. Artist Jonathan Yeo's oil on canvas portrait of Britain's King Charles III. It’s what Yeo captures here.”While the celebrated artist works mainly in oils, he has dabbled in another medium: collage. The King is an artist himself, and a collection of his watercolors went on show in London in 2022.

Persons: Buckingham, King Charles III, Jonathan Yeo, Tony Blair, Nicole Kidman, Malala Yousafzai, Yeo, Charles, Prince, Wales, ”, ” Yeo, Jonathan Yeo's, Britain's King Charles III, Wales's, Charles ’, Philip Mould, — Yeo, Camilla, you’ve, “, Richard Morris, George W, Bush, Arnold Schwarzenegger, Sarah Palin, Silvio Berlusconi, Mary Whitehouse Organizations: CNN, British, Welsh Guards, Company, ’, CNN’s Royal Locations: British, “, London

☆ Corporate America Is Going Un-Woke: Reversing DEI, Sustainability Plan
▼ + stars: | 2024-05-09 | by ( Emily Stewart | ) www.businessinsider.com time to read: +10 min

Plenty of companies are reining in their rhetoric and in some cases action on issues such as sustainability and diversity. Over the past decade, many corporations have at least professed to take a more active role in social issues, under pressure from their customers and, more importantly, employees. After last year's Bud Light debacle, which was a real blow to its business, executives fear they'll be the next target of some anti-woke outcry. For the fourth quarter of 2020, 131 companies mentioned ESG, and 34 mentioned DEI or diversity and inclusion. This may be a great un-wokening, but maybe corporate America was actually never that committed to the idea in the first place.

Persons: Paul Polman, It's, Naomi Wheeless, Eventbrite, Donald Trump, Larry Fink, George Floyd's, ESG, Andrew Jones, there's, Bud Light, influencer Dylan Mulvaney, haven't, Philip Mirvis, Bud, they'll, they'd, Jones, it's, Fink, FactSet, — we're, wasn't, Alison Taylor, University's, we've, Roe, Wade, Taylor, isn't, Dylan Mulvaney, Bud Light's, Kenneth Pucker, Emily Stewart Organizations: Unilever, Unilever wasn't, Unilever isn't, Companies, Business, Sporting Goods, Conference Board's ESG, Morningstar, Babson, AIG, Amazon, ExxonMobil, University's Stern School of Business, Anheuser, Busch, Fletcher School, Tufts University Locations: Plenty, America, ESG, New, Charlottesville

☆ Brexit border checks: Britain braces for less choice and higher prices on food imports
▼ + stars: | 2024-04-30 | by ( Hanna Ziady | Anna Cooban | ) edition.cnn.com time to read: +10 min

The new regime for food imports is perhaps the starkest example of the painful border bureaucracy that UK and EU businesses must contend with in the wake of Brexit. An additional cost of that scale will “significantly increase food prices and reduce choice,” the federation’s CEO Phil Pluck wrote in a letter to environment and food minister Steve Barclay earlier this month. But here too Brexit hasn’t helped, ending as it did the free movement of EU workers on whom British farmers had relied for decades. In addition to Brexit-related challenges, UK farmers have been squeezed by soaring input costs, including those of fertilizer, energy and labor. “I’m not hugely in favor of subsidies, I’m in favor of fair food prices,” Maddocks said.

Persons: Eddie Price, ”, Phil, Steve Barclay, Andrew Aitchison, Andrew Opie, “, Jack Bobo, “ It’s, Price, hasn’t, ” Tom Bradshaw, “ You’re, Chris Ratcliffe, Brexit, ” Philip Maddocks, I’m, ” Maddocks Organizations: London CNN, European Union, EU, Britain, Birmingham Wholesale, CNN, Chain Federation, British Retail Consortium, University of York, Food Systems, University of Nottingham, Birmingham Wholesale Market, Bank, National Farmers ’ Union, Bloomberg, Getty, PDM Locations: United Kingdom, Britain, France, Spain, artichokes, Italy, Birmingham, Dover, Port, Netherlands, Ireland, Germany, North Africa, England, Sandwich, Australia, New Zealand, English, Shropshire

Shark NeverChange Air Purifier Max The Shark NeverChange Air Purifier Max is a powerful air-cleaning machine for large spaces, and the best part is that you only need to change its filter every five years. Camryn Rabideau/Business InsiderThe Shark NeverChange Air Purifier Max took less than 5 minutes to unbox and get running. Our review of the Shark NeverChange™ Air Purifier MAXAdvertisementEase of UseThe air purifier’s display screen shows the real-time air quality in your home. AdvertisementThe bottom lineFor large spaces, the Shark NeverChange Air Purifier Max is worth the investment. Camryn Rabideau/Business InsiderThe Shark NeverChange Air Purifier Max is a worthwhile option that requires minimal maintenance and covers large rooms.

Persons: Max, Camryn, Philip M, Tierno Jr, Tierno, it's, There's Organizations: Business, Shop, Energy, Stratos, NYU Grossman School of Medicine, NYU Langone Medical, Honeywell

☆ Keep an eye on how automakers are handling EV slowdown, says KKM's Jeff Kilburg
▼ + stars: | 2024-04-22 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKeep an eye on how automakers are handling EV slowdown, says KKM's Jeff KilburgJeff Kilburg, CEO & CIO of KKM Financial, joins CNBC's 'The Exchange' to breakdown earnings expectations from Lockheed Martin, General Motors, and Philip Morris.

Persons: Jeff Kilburg Jeff Kilburg, Lockheed Martin, Philip Morris Organizations: KKM, Lockheed, General Motors

☆ 6 portfolio stock earnings and the Fed's favorite inflation gauge dominate the week ahead
▼ + stars: | 2024-04-20 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

The Nasdaq sank 2% on Friday as Netflix dropped nearly 11% post-earnings and Club stock Nvidia fell 10%, entering bear market territory but still up more than 50% in 2024. Following a much stronger-than-expected March retail sales report last month, fresh economic data and six Club stock earnings will take center stage in the week ahead. While lower rates may help stock multiples, that is not a sustainable path to higher equity prices over time. Earnings : The latest quarterly reporting season is starting to ramp into high gear with six Club names set to report next week. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Dow, Jerome Powell, Jim Cramer, Mark, Meta, Bing, Ford, Vimal, Lockheed Martin, Clark, Philip Morris, Sherwin, Williams, Baker Hughes, Lam, Northrop, Dr Pepper, CARR, Edwards Lifesciences, Jim Cramer's, Jim, Michael M Organizations: Nasdaq, Netflix, Nvidia, Dow Jones, Federal, Fed, Hamas, Gross, Google, Reality Labs, General Motors, Honeywell, Microsoft, Verizon Communications, Albertsons Companies, SAP, Cadence Design Systems, United Parcel Service, General Electric, GE, PepsiCo, Lockheed, Spotify Technology, RTX Corporation, JetBlue Airways, Halliburton, HAL, Philip Morris International, Quest Diagnostics, Texas Instruments, Seagate Technology, Mattel, Veralto Corporation, Boeing, General Dynamics, Boston, Hilton, Fisher, Otis Worldwide, IBM, Grill, Viking Therapeutics, Lam Research, Whirlpool, WM, Honeywell International, Royal Caribbean Cruises, American Airlines, Altria, Newmont, Caterpillar, Southwest Airlines, Myers Squibb, AstraZeneca, Mobileye, Northrop Grumman, CNBC, Comcast, Merck, Dow Inc, Carrier Global, Union Pacific, Intel, Western, Mobile, L3Harris Technologies, Exxon Mobil, Chevron, Colgate, Palmolive, HCA Healthcare, Charter Communications, Newell Brands, Jim Cramer's Charitable, Traders, New York Stock Exchange, Santiago, Getty Locations: Israel, Iran, Ukraine, destocking, China, Cleveland, Freeport, McMoRan, Kimberly, Masco, Bristol, New York City

☆ Investors are hoping Big Tech earnings next week could revive a flagging bull market
▼ + stars: | 2024-04-19 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

The Big Tech earnings next week could revive a flagging market, or at least give investors direction into where stocks are going from here. Wall Street is hoping next week's megacap tech results will give investors insight into where the artificial intelligence trade is going from here, as a bounce in tech could lift the indexes. They're also hoping a slew consumer commentary will give investors insight into the state of the economy. However, he said any pullback in the tech names could give investors an opening to start "nibbling away" at additional exposure. Personal Income 10 a.m. Michigan Sentiment NSA final Earnings: T. Rowe Price Group , Colgate-Palmolive , Exxon Mobil , Chevron , AbbVie , Phillips 66

Persons: Tesla, They're, Kim Forrest, Elon Musk, Emily Leveille, Scott Ladner, Ladner, Horizon's Ladner, FactSet, Baker Hughes, Philip Morris, Lockheed Martin, Raymond James Financial, Rowe Price, Phillips Organizations: Big Tech, Google, Microsoft, Bokeh, Nasdaq, Investors, Deutsche Bank, Reuters, Thornburg Investment Management, Meta, Consumer, Visa, Chicago, Verizon Communications, Ameriprise, Truist, PMI, New, Richmond Fed, Enphase, Tesla, NextEra, Philip Morris International, Halliburton, United Parcel Service, PepsiCo, Lockheed, Raytheon Technologies, GE Aerospace, Grill, Business Machines, Lam Research, Ford Motor, Technology, Waste Management, Universal Health Services, Raymond, Boeing, Hilton Worldwide Holdings, . Kansas City Fed Manufacturing, Mobile, Capital, Financial Corp, Intel, Western Digital, Comcast, American Airlines Group, Southwest Airlines, Valero Energy, Caterpillar, Tractor Supply, Royal Caribbean Group, GE, PCE, NSA, Rowe Price Group, Colgate, Palmolive, Exxon Mobil, Chevron Locations: China, Europe, U.S, NextEra Energy, Freeport, McMoRan, . Kansas, Michigan, AbbVie

☆ Why increasingly popular Zyn nicotine pouches concern health experts
▼ + stars: | 2024-04-03 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +10 min

Are nicotine pouches better than vaping? Zyn, among other brands of nicotine pouches such as Rogue, On! However, FDA officials have allowed the nontobacco nicotine product to stay on the market while the application is under review. Nicotine pouches have varying degrees of nicotine strength; 3 or 6 milligrams per pouch is most common, but some brands have pouches that contain upward of 28 milligrams. What’s more, the Zyn nicotine pouches come in a variety of flavors, including cool mint, wintergreen, coffee and cinnamon, that could be appealing to younger people.

Persons: Philip Morris, Chuck Schumer, ”, Kecia Christensen, “, ’ ”, Christensen, Philip Morris International’s, ” Philip Morris, Meghan Moran, ” Moran, Brian King, Yanfang Ren, ” Ren, Moran Organizations: CNN, Philip Morris International, Facebook, Federal Trade Commission, Food and Drug Administration, American Cancer Society, Nebraska Medicine, FDA, National Cancer Institute, CDC, Centers for Disease Control, ” Philip Morris International, Swedish, Johns Hopkins Bloomberg School of Public Health, Tobacco Survey, FDA’s Center for Tobacco Products, University of Rochester Eastman Institute for Oral Health, Philip Locations: United States, ”, Baltimore, New York, Mayo

☆ The new office ritual? Zyn nicotine pouches
▼ + stars: | 2024-03-13 | by ( Sarah Jackson | Tim Paradis | ) www.businessinsider.com time to read: +9 min

AdvertisementShipments of the nicotine pouches in the US in 2023 were up 62% year-over-year. Zyn pouches have found favor with everyone from high-powered Wall Street traders to Tucker Carlson and GOP lawmakers. But after not using nicotine for a while, he wasn't prepared for the hit he got when he popped a 6 mg pouch of Zyn. AdvertisementPalmer sees using Zyn as an important part of his ritual around essential work. "If I could go back and never start using nicotine, I would."

Persons: Clay Coomer, Coomer, Coomer isn't, —, Clay, Zyn, Philip Morris, Tucker Carlson, Raymond Niaura, Niaura, there's, Nate Palmer, wasn't, Palmer, he's, it's, I've, Chandler, I'm, Sam Dashiell, Dashiell, JUULs Organizations: Service, Business, Philip Morris International, Swedish, GOP, New York University, FDA, Labs

☆ Here are Tuesday's biggest analyst calls: Nvidia, Tesla, Apple, Microsoft, Oracle, Arm, Rivian, Lyft & more
▼ + stars: | 2024-03-05 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Tuesday's biggest calls on Wall Street: Goldman Sachs reiterates Tesla and Rivian as neutral Goldman said further price cuts are needed for Tesla and Rivian. Morgan Stanley downgrades Sunnova to equal weight from overweight Morgan Stanley said in its downgrade of the solar company that it sees stock "dislocation." JPMorgan upgrades Sea Limited to overweight from neutral JPMorgan said the Singapore-based internet tech conglomerate is on an "upswing." JPMorgan initiates Amphastar as overweight JPMorgan said it's bullish on shares of the pharmaceutical company. JPMorgan initiates Metagenomi as overweight JPMorgan said it's bullish on shares of the biotech company.

Persons: Goldman Sachs, Tesla, Goldman, TD Cowen, Arm's, Ian Thornton, Morgan Stanley downgrades Sunnova, Morgan Stanley, Baird, DA Davidson, it's, Jefferies, BJ's, it's bullish, Oppenheimer, Wolfe, Rosenblatt, Moffett, Philip Morris, Guggenheim Organizations: Tesla, Nvidia, NVIDIA, Microsoft, JPMorgan, Jefferies, UBS, disinflation, Barclays, Oracle, Citi, Novo Nordisk, CMD, Costco, Adobe, Williams, Apple, Cable, . Cable, Argus, Guggenheim, Lyft Locations: Singapore, China, Sonoma

BERLIN (AP) — An American man on Monday admitted to charges of murder and rape after he allegedly pushed two U.S. women down a ravine, fatally injuring one of them near Germany's Neuschwanstein castle last year. The 31-year-old defendant admitted to the charges during the start of his trial, the German news agency dpa reported. Murder charges carry a maximum sentence of life in prison in Germany. When the elder woman tried to help her, a scuffle ensued and the suspect allegedly pushed her down a steep slope. Authorities say the women didn’t know the man before they met near Neuschwanstein.

Persons: Philip Mueller, Prosecutors, didn’t Organizations: BERLIN, Prosecutors, Authorities Locations: Germany's, Germany, Neuschwanstein

WASHINGTON (AP) — The Senate's border proposal was one of the toughest bipartisan bills to emerge on the issue in decades. Republicans have campaigned on border security for years, and public frustration is running high with the record number of illegal U.S. border crossings. Cruz’s likely Democratic opponent, Texas Rep. Collin Allred, said he’s already talking about the border deal on the campaign trail. Murphy agreed that Democrats should remain committed to broad immigration reforms, including pathways to citizenship for migrants who are already here. But he argued that may only be possible once Democrats first show voters they are serious about tough border enforcement.

Persons: —, Donald Trump, Chuck Schumer, “, Tom Suozzi, Schumer, New York “, Joe Biden, Biden, Sen, John Cornyn, Republicans aren’t, ”, Suzan, ” Schumer, Mike Johnson, ” Trump, He's, Republican Sen, James Lankford, Trump, Ted Cruz, Cruz, Mitch McConnell, Cruz’s, Collin Allred, he’s, ” Allred, doesn’t, Lois Clinco, “ I’m, Clinco, Connecticut Sen, Chris Murphy, Ro Khanna, ” Khanna, John F, Kennedy, Barack Obama, Todd Schulte, Murphy, Lisa Mascaro, Philip Marcelo Organizations: WASHINGTON, Republican, Republicans, Democratic, Texas Republican, Trump, Washington Democrat, Border Patrol, Democrats, Texas, Texans, New, New York City —, Rep, California Democrat, Associated Press Locations: New York, Texas, South Carolina, Long, Levittown, New York City, Connecticut, United States, California, America, Levittown , New York

☆ Sundheim's D1 hedge fund shook up its tech exposure, including selling the hottest stock right now
▼ + stars: | 2024-02-14 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Daniel Sundheim's D1 Capital made a handful of notable changes to its technology holdings in the fourth quarter, including closing out a position in a key artificial intelligence play. Sundheim also zeroed out his stake in software stock Salesforce , while trimming Microsoft and Facebook parent Meta by more than 60% and 20%, respectively. The role of large-cap tech stocks in driving up the market was so apparent that a group was dubbed the "Magnificent 7" for its outsized gains. Outside of big tech, Sundheim added to Mastercard and Philip Morris stakes. On the flip side, he dissolved stakes in a number of well-known stocks including Hilton , Las Vegas Sands , Liberty Media and Yum Brands .

Persons: Daniel Sundheim's, Sundheim, Philip Morris Organizations: Nvidia, Facebook, Meta, Viking Global, Mastercard, WWE, UFC, Lexeo Therapeutics, Hilton, Liberty Media, Yum Brands, Rivian, Electric Locations: Amazon, Vegas Sands

☆ Bank of America says try the 'Magnificent 80' portfolio instead as income investing comes back into favor
▼ + stars: | 2024-02-13 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

The narrow stock market rally could broaden out beyond megacap tech, and investors should target the "Magnificent 80" stocks, according to Bank of America's Savita Subramanian. Both are key reasons Subramanian sees the market rally broadening, alongside an expected spike in volatility tied to the U.S. election and Federal Reserve interest rate cuts. To play the expected widening market rally, Subramanian points toward the so-called "Magnificent 80" stocks, which are composed largely of companies with strong fundamentals. These names, which Bank of America screened for, have higher equity income potential than cash, touting competitive dividend yields. Here are a few of those Magnificent 80 companies that are rated buy by Bank of America.

Persons: Bank of America's Savita Subramanian, Subramanian, Philip Morris Organizations: Bank of America's, Microsoft, Nvidia, Tesla, Federal, Bank of America, Ford, Bank, America's, Wall, Chevron, Truist

☆ Zyn confirms that business is booming in the US
▼ + stars: | 2024-02-09 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. While shipments to retailers and distributors can outpace actual consumer sales of the pouches, those year-over-year growth numbers indicate that Zyn sales are booming in the US. A spokesperson for Philip Morris International told Business Insider that "the best thing anyone worried about their health can do is to quit, or never start, using nicotine. "ZYN is marketed exclusively to current adult nicotine consumers as an alternative — with cigarettes being the most harmful nicotine product," the spokesperson added.

Persons: —, Philip Morris, Zyn, It's, Chuck Schumer Organizations: Service, Philip Morris International, Swedish, Business, GOP, PMI

☆ What Zyn's explosive growth means for Philip Morris
▼ + stars: | 2024-02-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat Zyn's explosive growth means for Philip MorrisMatthew Smith, Stifel analyst, joins 'The Exchange' to discuss what Zyn's explosive growth means for tobacco giant Philip Morris International, his expectations for the company, and more.

Persons: Philip Morris Matthew Smith, Philip Morris Organizations: Philip Morris International

☆ Zyn is selling their nicotine pouches like hotcakes
▼ + stars: | 2024-02-08 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Move over vapes, Americans appear to have a new addiction: Zyn, a tobacco-free nicotine pouch product, that has exploded in sales over the past year. Philip Morris announced Thursday that it shipped about 350 million cans of Zyn in 2023, a whopping 62% growth compared to the previous year. Nicotine is very addictive and can harm young people’s developing brains, according to the US Centers for Disease Control and Prevention. However, like Juul, the popularity and growth of Zyn might face difficulties, in particular from US government. “Zyn is the next battle.”Despite the growth, shares of Phillip Morris declined 2% in early trading because of lower demand for cigarettes.

Persons: Philip Morris, Chuck Schumer, Zyn, “, ” Schumer, “ Zyn, ”, Phillip Morris, Jacek Olczak, ” Olczak, CNN’s Carma Hassan Organizations: New, New York CNN, Marlboro, US Centers for Disease Control, FDA, Federal Trade Commission, Food and Drug Administration, Tobacco, Swedish Locations: New York, vapes, Marlboro

☆ Philip Morris CEO on Q4 earnings
▼ + stars: | 2024-02-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPhilip Morris CEO on Q4 earningsPhilip Morris CEO Jacek Olczak joins 'Money Movers' to discuss the company's quarterly earnings results, the growth prospects for Zyn, and whether the smoke-free market is growing.

Persons: Philip Morris, Jacek Olczak

☆ 8 more of our stocks report earnings next week. Here's what we want to see
▼ + stars: | 2024-02-03 | by ( Zev Fima | ) www.cnbc.com time to read: +13 min

The three major averages posted gains for the fourth week in row, lifted by strong quarterly earnings results for most of the Big Tech companies and a strong jobs report. A weaker ADP Employment report on Wednesday provided no read-through to the monster January jobs report Friday. Here's what we're keeping an eye on in the coming week: 1. Earnings: It's another big earnings week head for the portfolio, with 8 more of our companies reporting. Consistency is what we appreciate most from nat gas giant Linde , so we're hoping for another quarter of solid earnings growth Tuesday.

Persons: Estee Lauder, Eli Lilly, Mounjaro, Nelson Peltz, Estée Lauder, Tyson, CARR, Jacobs, Willis Towers Watson, Edwards, Walt Disney, Oscar Health, Philip Morris, Armour, BAX, BILL, Jim Cramer's, Jim Cramer, Jim, George Frey Organizations: Big Tech, Dow Jones Industrial, Nasdaq, PMI, Apple, Starbucks, Procter, Gamble, GE Healthcare, DuPont, Linde, Ford, General Motors, Trian Partners, Disney, ESPN, Wynn Resorts, Wynn, Vegas, Prix, Estée Lauder Companies, Caterpillar, McDonalds Corp, Allegiant Travel, Bowlero Corp, Tyson Foods, TSN, Air Products & Chemicals, IDEXX Laboratories, CNA Financial Corp, CNA, Timken Company, Graham Corporation, Mesa Laboratories, Sphere Entertainment, Loews Corp, Technologies, Vertex Pharmaceuticals, Semiconductors, Simon Property Group, Amkor Technology, FMC Corporation, FMC, BellRing Brands, Crown Holdings, ChampionX Corporation, Golub Capital BDC, Flexsteel Industries, Kilroy Realty Corp, Gladstone Capital Corp, Unibanco, S.A, Snack Foods Corp, Kimball Electronics, Skyline Corp, Cabot Corporation, Simpson Manufacturing Co, Varonis Systems, Co, GE HealthCare, Linde plc, LIN, Spotify Technology S.A, BP, Hertz Global Holdings, AeroSystems Holdings, Toyota Motor Corp, Cummins, CMI, Software Technologies, AGCO Corporation, Carrier Global Corporation, Lear Corp, CONSOL Energy, Centene Corporation, Gartner, Arcbest Corp, CTS Corporation, Energizer Holdings, Hamilton Lane Incorporated, KKR, Precision Drilling Corporation, Frontier Group Holdings, Waters Corp, Alfa Laval, Aramark Holdings Corp, FirstService Corporation, Garden Sports Corp, New Jersey Resources Corp, nVent Electric plc, PJT Partners, Resources, Sensata Technologies, Ford Motor Company, Enphase Energy, Grill, VF Corp, Edwards Lifesciences Corp, Gilead Sciences, Lumen Technologies, Cognizant Technology Solutions Corp, Weatherford International plc, Amcor plc, Arrowhead Pharmaceuticals, Advanced Energy Industries, Uber Technologies, CVS Health, Roblox Corporation, Ares Capital Corp, Bunge, XPO Logistics, Scotts Miracle, Gro Company, Berry Global, Flex LNG, Equinor ASA, Griffon Corporation, OneMain Holdings, Brookfield Asset Management, Emerson Electric Co, Hilton Worldwide Holdings, Reynolds Consumer Products, Silicon Laboratories, Brands, Sciences, CDW Corp, Fox Corporation, WYNN, PayPal, Arm Holdings plc, ARM, Axcelis Technologies, Mattel, Paycom, Annaly Capital Management, McKesson Corp, Health Corporation, O'Reilly Automotive, Allstate Corp, Fluence Energy, Power Systems, Digital Turbine, Blue Bird Corp, Everest Group, Omega HealthCare, Coty, COTY, ConocoPhillips, Cameco Corp, Philip Morris International, Spirit Airlines, Hershey Company, Lightspeed Commerce, Aurora Cannabis, Lincoln National Corp, P, Tenet Healthcare Corp, Asbury Automotive Group, Arrow Electronics, Baxter International, PetMed, Boyd Gaming Corp, FirstEnergy Corp, Motorola Solutions, Terex Corp, PepsiCo, Growth, AMC Networks, Owl, American Pipeline, TELUS International, Magna International, Newell Brands, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: U.S, China, Macau, Wynn Macau, Valvoline, VVV, ALFVY, Madison, New Jersey, Gilead, Ceridian, ORLY, Paycor, Aurora, Provo , Utah

☆ Wall Street heads into the week ahead worrying the rally to record highs is running out of steam
▼ + stars: | 2024-02-02 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

Wall Street continues to climb a wall of worry even as investors deliberate how much longer equities can maintain their record run. But questions remain for investors after some major disappointments in an intense week suggested more challenges ahead. Apple dropped 3% this week after reporting lackluster earnings, weighing on the Dow Jones Industrial Average. Elsewhere in corporate earnings, regional banks as represented by the SPDR S & P Regional Banking ETF slid 7% after poor results from New York Community Bank spurred investor fears of a wider contagion. Signs of market weakness For investors, there may be more issues in the market going forward in 2024.

Persons: Stocks, Jerome Powell, Apple, Scott Rubner, Goldman Sachs, Rubner, Russell, Liz Ann Sonders, Charles Schwab, CNBC's, Sonders, Lehman, Raymond James, Josh Beck, James McCann, Abrdn, McCann, Rhys WIlliams, Williams, it's, Art Hogan, They're, Hogan, Estee, Eli Lilly, Ralph Lauren, Rowe Price, Philip Morris Organizations: Meta, Dow Jones, Regional Banking, New York Community Bank, Bank, Microsoft, Nvidia, Apple, Markets, Wayve Capital Management, Riley, Atlanta, PMI, Simon Property, Companies, Tyson Foods, Semiconductor, Caterpillar, Prudential Financial, Ford Motor, Enphase Energy, GE Healthcare Technologies, Consumer, Walt Disney Co, Wynn Resorts, PayPal, Brands, CVS Health, Hilton Worldwide, Uber Technologies, Costco Wholesale, Motorola Solutions, Expedia, Rowe Price Group, ConocoPhillips, The Hershey Co, Philip Morris International, PepsiCo Locations: China

☆ Supreme Court lets West Point continue considering race as part of admissions
▼ + stars: | 2024-02-02 | by ( Devan Cole | ) edition.cnn.com time to read: +6 min

Washington CNN —The Supreme Court said Friday that the United States Military Academy at West Point can continue considering race as a factor in its admissions process while a legal challenge to the practice plays out. Last week, SFFA asked the high court to step in on an emergency basis to block West Point from considering race in its admissions process as the litigation unfolds. “For now, the only question is what should happen as this case proceeds – who should bear the burden of the status quo,” attorneys for SFFA told the Supreme Court. “Every year this case languishes in discovery, trial, or appeals, West Point will label and sort thousands more applicants based on their skin color – including the class of 2028, which West Point will start choosing in earnest once the application deadline closes on January 31. Or should West Point bear the burden of temporarily complying with the Constitution’s command of racial equality?” they added in part.

Persons: SFFA, Biden, “, midstream, Elizabeth Prelogar, Prelogar, ”, Philip M, Halpern, it’s, ’, Court’s, John Roberts, Richard Bennett, CNN’s Jamiel Lynch Organizations: Washington CNN, United States Military Academy, Fair, Harvard, University of North, US Naval Academy, Supreme, “, Army, West, Naval Academy Locations: University of North Carolina, “, New York, West, Maryland

Because anti-smoking groups aren’t just fighting the tobacco companies these days. They have fractured over tobacco harm reduction — the idea that people who cannot or will not quit smoking should be provided with alternatives, notably e-cigarettes, which deliver nicotine without burning tobacco. They argue that e-cigarettes will lead to a new generation addicted to nicotine, even if they are not smoking. It focuses largely, but not entirely, on reduced-risk nicotine products, a category that includes e-cigarettes, oral tobacco, and “heat not burn” products that warm up tobacco without burning it. There are no safe tobacco products; all fall along what’s called a continuum of risk.

Persons: Cliff Douglas, Philip Morris, Douglas, “, ” Douglas, Bloomberg Philanthropies, American Heart Association —, Michael Bloomberg, that’s, General’s, ”, Charles Gardner, Joanna Cohen, Ellen MacKenzie, Yolonda Richardson, Deborah Arnott, “ I’m, Michael Cummings, they’ve, Marc Gunther Organizations: Foundation, Philip, Philip Morris International, American Cancer Society, American Lung Association, Centers for Disease Control, Bloomberg, Tobacco, American Heart Association, Truth Initiative, Rockefeller, UBS Optimus, Bloomberg School of Public Health, Johns Hopkins University, Campaign, Reuters, FDA, Centers for Disease, Medical University of South, Associated Press, Philanthropy, AP Locations: United States, – California , Massachusetts , New Jersey , New York, Rhode, San Francisco, —, British, Medical University of South Carolina, vaping

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin reclaims $43,000 as the cryptocurrency extends recent gains: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Coinbase security chief Philip Martin explains the company's role in many of the spot bitcoin ETFs now trading in the United States.

Persons: explainers, Philip Martin Organizations: CNBC Crypto, CNBC Locations: United States

☆ Lion attacks: How to stay safe on safaris in Africa
▼ + stars: | 2024-01-25 | by ( Forrest Brown | ) edition.cnn.com time to read: +17 min

It was July of 2022, and the co-founder of Discover Africa Safaris was out in the bush near the Khwai River in northern Botswana. African lions are fully capable of attacking, killing and even eating humans, and it’s generally estimated about 250 people a year die in lion attacks. WLDavies/E+/Getty ImagesOnly about 23,000 lions remain in sub-Saharan Africa, found mostly in Eastern and Southern Africa, Muruthi said. Before your trip, It's important to study up on safety tips -- such as remaining inside your safari vehicle when lions and other wild animals approach. Secondly, fleeing indicates to the lion you’re frightened and now possible prey, turning what might have initially been a mock charge to test you into a real attack.

Persons: Steve Conradie, Discover Africa Safaris, — “, ‘, ” Conradie, “, ”, ’ Steven Conradie, …, Conradie, Philip Muruthi, He’s, Muruthi, Masai, ’, ” Muruthi, Paul A, Andre Van Kets, Van Kets, Martin Harvey, It’s, you’re, don’t, they'll, Robert Muckley, There’s, Anup Shah, ” Van Kets, I’d, — Organizations: CNN, Discover, Lion Recovery, African Wildlife Foundation, Masai Mara, Reserve, East, ” Lions, International Union for, Nature, Sacramento Zoo, PLOS, Africa Tourists, Bank, Kenya Geographic, San Diego Zoo Wildlife Alliance, Lions, … Locations: Discover Africa, Botswana, South Africa, Africa, Zimbabwe, Hwange, Kenya, Saharan Africa, Eastern, Southern Africa, Tanzania, East Africa, California, Namibia

☆ Here are Tuesday's biggest analyst calls: Apple, Nvidia, Coinbase, Tesla, Meta, Exxon, Microsoft & more
▼ + stars: | 2024-01-23 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Tuesday's biggest calls on Wall Street: Cantor Fitzgerald initiates Nvidia as buy Cantor said in its initiation of Nvidia that the stock is a top pick at the firm. Bank of America adds Apple to the US1 list Bank of America added the stock to its top picks list. TD Cowen upgrades Exxon to outperform from market perform TD says shares of Exxon are "compelling." Oppenheimer initiates Flywire as outperform Oppenheimer initiated the payments company with an outperform rating and said Flywire is a growth stock. Guggenheim reiterates Tesla as sell Guggenheim says it's sticking with its sell rating on Tesla heading into earnings on Wednesday.

Persons: Cantor Fitzgerald, Cantor, it's, TD Cowen, Wells, Jefferies, Enphase, Goldman Sachs, Goldman, JMP, SIRI, Oppenheimer, Flywire, JPM, Philip Morris, Morgan Stanley, Evercore, Guggenheim, Tesla, Roth, Boston Beer, Stephens Organizations: Nvidia, Citi, Meta, Bank of America, Apple, Apple Inc, Chevron, Exxon, ENPH, JPMorgan, NRG Energy, Liberty, Liberty Media, Brands, UBS, Duke Energy, AEP, Guggenheim, Boston Beer, Boston Locations: North Carolina, underperform, OW

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