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☆ In Berkeley Public Schools, a War Gives Rise to Unusual Tensions
▼ + stars: | 2024-05-07 | by ( Kurt Streeter | ) www.nytimes.com time to read: +1 min

On Oct. 18, hundreds of Berkeley High School students, with the blessing of some of their teachers, left their classrooms in the middle of the day and gathered at a nearby park. Just as on the nearby campus of the University of California — famed since the 1960s for its marches, sit-ins and progressive ideals — students at Berkeley High have a long history of hitting the streets in dissent. In the 1960s, they walked out to oppose the Vietnam War. More recently, they have shown up in droves to advocate for Black Lives Matter, immigration reform, reproductive rights and L.G.B.T.Q. But this walkout reverberated in unexpected ways through the Berkeley public school system and the city’s ordinarily tight-knit community.

Persons: ”, Becky Villagran Organizations: Berkeley High School, University of California —, Berkeley Locations: Gaza, Vietnam, Berkeley

☆ BOJ rate hike likely to be 'a lot further away': Hargreaves Lansdown
▼ + stars: | 2024-04-29 | 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 EmailRate hike from Bank of Japan likely to be 'a lot further away on the horizon': Hargreaves LansdownSusannah Streeter, head of money and markets at Hargreaves Lansdown, says it wants to "ensure that inflation stays around the 2% target."

Persons: Hargreaves, Susannah Streeter, Hargreaves Lansdown Organizations: Bank of, Hargreaves Locations: Bank, Bank of Japan

☆ BHP Anglo American bid: The clean energy race could trigger the biggest mining deal in decades
▼ + stars: | 2024-04-25 | by ( Anna Cooban | ) edition.cnn.com time to read: +2 min

London CNN —Mining giant BHP has made a near-$40 billion bid to take over its UK rival Anglo American in what would be the largest mining deal on record. BHP said in a statement Thursday that it valued Anglo American shares at £25.08 ($31.40) apiece, or £31.1 billion ($38.9 billion) in total. The potential deal would have a higher value than the $38.3 billion acquisition of Switzerland’s Xstrata by commodities company Glencore in 2012, according to Dealogic data. It would also be the biggest merger or acquisition in the mining industry by value since Dealogic began collecting the data in 2004. Shares in Anglo American soared as much as 13.8% on the news.

Persons: BHP, Dealogic, “, Mike Henry, ” Susannah Streeter, Hargreaves Lansdown, Rob North Organizations: London CNN — Mining, BHP, London Metals, Oz Minerals, United Kingdom’s, London Stock Exchange, City of, Hargreaves Locations: Australia, City, City of London

☆ An ex-Wall Streeter who's been to all 50 states picked 5 he enjoys visiting but would never live in
▼ + stars: | 2024-04-20 | by ( Maria Noyen | ) www.businessinsider.com time to read: +1 min

Alaska is a dream to visit, but the winters are too cold and there aren't a lot of people. Toby Harriman/Getty ImagesAbbamonte said Alaska is one of the top three most beautiful places he's visited in the world, neck and neck with the Himalayas in Asia and Patagonia in South America. As someone who appreciates nature and wildlife, he loves visiting the national parks in Alaska, which has more than half of all the national parks in the US. But Alaska is the eighth-least populated state, with 733,406 residents, according to the census. "But to visit, especially in the summer, it's like a dream."

Persons: Toby Harriman, Abbamonte, he's, couldn't Organizations: Getty Locations: Alaska, Asia, Patagonia, South America, Juneau, Utqiagvik, California

☆ The 'sandwich generation' faces pressure as the world ages — here are 3 tips to prevent burnout
▼ + stars: | 2024-04-09 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +5 min

"There's this tendency in the welfare state to sort of outsource the elderly care," Jan-Emmanuel De Neve, director of the Wellbeing Research Centre at Oxford University told CNBC Make It. Although home-care for the elderly improves their wellbeing, it can also place pressure on younger generations. The so-called sandwich generation refers to middle-aged people who have elderly parents to care for, as well as their own children who are still dependent on them. The younger generations have to support their elderly parents or grandparents. "This would entail defining one's family value system, setting out personal goals, life aspirations, allocating and committing personal resources," Wong suggested.

Persons: Momo, John Wong, Jan, Emmanuel De Neve, Wong, Jialu Streeter, boomers, Streeter Organizations: WHO, Getty, National University of Singapore's, Science, CNBC, World Health Organization, United Nations, Economic, Oxford University, Loo Lin, of Medicine, NUS, Stanford Institute for Economic, Pew Research, Stanford Institute for Economic Policy Research Locations: Hong Kong, South Korea, Japan

☆ Two Students, Two Views, One Campus Conflict in the Midwest
▼ + stars: | 2024-02-13 | by ( Kurt Streeter | ) www.nytimes.com time to read: 1 min

They represent opposite corners at the University of Michigan, two sides of student activism who have hunkered down and almost never communicate. Salma Hamamy is one of the most prominent faces of the pro-Palestinian movement on campus. “One, two, three, four, open up the prison doors!” she shouts, bullhorn in hand, as she leads anti-Israel rallies in front of crowds of fellow students. “Five, six, seven, eight, Israel is a terrorist state!” Ms. Hamamy has helped lead over 20 protests since Hamas’s deadly attacks against Israel on Oct. 7 and the resulting bombardment of Gaza. As she booms out calls for an end to war, or rails against a university administration that she believes has been tone deaf toward Palestinians, she knows she can look into the audience and find a familiar, though vexing, face: Josh Brown, a fellow student and Ms. Hamamy’s opposite in nearly every way.

Persons: Salma Hamamy, bullhorn, Hamamy, Josh Brown, Hamamy’s Organizations: University of Michigan Locations: Israel, Gaza

☆ ‘This Is Personal’: Dearborn’s Arab Americans Endure the Agony of War
▼ + stars: | 2023-12-01 | by ( Kurt Streeter | More About Kurt Streeter | ) www.nytimes.com time to read: +1 min

Dearborn, a suburb of roughly 110,000 people bordering Detroit, has one of the highest percentages of Arab Americans among U.S. cities. Census figures show that it is roughly 54 percent Arab American, a figure experts believe is a significant undercount. When he took office in 2022, Mr. Hammoud — the son of Lebanese immigrants, raised in the city’s working-class east side — became the first Arab American Muslim mayor in Dearborn history. This is a community suffering intensely as it beholds the carnage wrought by the war between Israel and Hamas. The recent pause in fighting brought a respite, but Mr. Hammoud, like many in Dearborn, believed it would only be temporary.

Persons: Hammoud, —, indignantly, Mr, ” Organizations: American Muslim, Hamas Locations: Detroit, U.S, American, Dearborn, Israel

☆ Futures subdued ahead of comments from Fed officials; Zscaler falls
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: +3 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 20, 2023. The rebound in equities in November has brought the S&P 500 (.SPX) within a very close range of its 2023 intra-day high. Multiple policy voting members are scheduled to speak during the day, including Board Governors Christopher Waller and Michelle Bowman. ET, Dow e-minis were up 14 points, or 0.04%, S&P 500 e-minis were down 1.75 points, or 0.04%, and Nasdaq 100 e-minis were down 16.25 points, or 0.1%. Boeing added 1.7% after RBC Capital Markets upgraded the aerospace company to "outperform" from "sector perform" and set a street-high price target.

Persons: Brendan McDermid, Governors Christopher Waller, Michelle Bowman, Susannah Streeter, Hargreaves Lansdown, Jefferies, Shristi Achar, Shinjini Organizations: New York Stock Exchange, REUTERS, Dow, Nasdaq, Federal Reserve, Governors, Dow e, Hargreaves, Conference, Boeing, RBC Capital Markets, Thomson Locations: New York City, U.S, United States, Bengaluru

☆ Reaction to Sam Altman's return as OpenAI CEO
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +4 min

Sam Altman, CEO of Microsoft-backed OpenAI and ChatGPT creator speaks during a talk at Tel Aviv University in Tel Aviv, Israel June 5, 2023. REUTERS/Amir Cohen Acquire Licensing RightsCompanies Openai LLC FollowNov 22 (Reuters) - OpenAI said on Tuesday it had reached an agreement for Sam Altman to return as CEO days after his ouster, capping frenzied discussions about the future of the startup at the center of the artificial intelligence boom. THRIVE CAPITAL, OPENAI SHAREHOLDER"OpenAI has the potential to be one of the most consequential companies in the history of computing. "Sam Altman seems awfully powerful and it is unclear that any board would be able to oversee him. Altman and (Microsoft CEO) Nadella may have pushed to allow Altman a much freer hand."

Persons: Sam Altman, Amir Cohen, OpenAI, DANNI HEWSON, BELL, Altman, DANIELA HATHORN, Altman's, Greg, Brockman, ChatGPT's, would've, SUSANNAH STREETER, HARGREAVES LANSDOWN, Sam Altman's, KELVIN WONG, MAK, Nadella, hasn't, Supantha Mukherjee, Ankika Biswas, Bansari Mayur, Aditya Soni, Miyoung Kim, Nivedita Organizations: Microsoft, Tel Aviv University, REUTERS, BANK, OpenAI, MNC, OF, UNIVERSITY OF, UNIVERSITY OF SINGAPORE BUSINSS, Thomson Locations: Tel Aviv, Israel, UNIVERSITY OF SINGAPORE, OpenAI, Stockholm, Bengaluru

Bret Taylor, formerly co-CEO of Salesforce, and Larry Summers, former U.S. Treasury Secretary, will join Quora CEO and current director Adam D'Angelo, OpenAI said. Altman said in a post on X, "i'm looking forward to returning to openai." In a statement on X, Microsoft CEO Satya Nadella welcomed the changes to OpenAI's board. In a post on X, Shear celebrated the late-night outcome Tuesday, which he said followed "~72 very intense hours of work." Following this show of solidarity, Altman wrote on X: "we have more unity and commitment and focus than ever before."

Persons: Sam Altman, Bret Taylor, Larry Summers, Adam D'Angelo, OpenAI, Altman, Satya Nadella, Altman's, OpenAI's, Emmett Shear, Sam Altman's, Susannah Streeter, Hargreaves Lansdown, Shear, Greg Brockman, Brockman, Jeffrey Dastin, Tanna, Bansari, Dhanya Ann Thoppil, Nivedita Bhattacharjee, Sam Holmes Organizations: Microsoft, U.S . Treasury, Quora, Hargreaves, Reuters, Thomson Locations: openai, San Francisco, Bengaluru

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 15, 2023. Nvidia forecast overall revenue above Wall Street targets, but the company warned U.S. export curbs could lead to a steep drop in fourth-quarter sales in China. Shares of Nvidia had initially slipped in premarket trading, but reversed course to climb 1.1%. The central bank's guarded stance is weighing on enthusiasm about rate cuts coming later, Streeter said. ET, Dow e-minis were down 5 points, or 0.01%, S&P 500 e-minis were up 6 points, or 0.13%, and Nasdaq 100 e-minis were up 37.25 points, or 0.23%.

Persons: Brendan McDermid, Susannah Streeter, Hargreaves Lansdown, Sam Altman, Streeter, Caterpillar, Amruta Khandekar, Maju Samuel Organizations: New York Stock Exchange, REUTERS, Deere, Co, Dow, Nasdaq, Nvidia, Wall, U.S, Hargreaves, OpenAI, Microsoft, Big Tech, University of, Dow e, Deere & Co, Thomson Locations: New York City, U.S, China

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. Microsoft's shares (MSFT.O) advanced 2% before the bell after CEO Satya Nadella said Altman is set to join the company to lead a new advanced AI research team. Other megacap stocks were mixed, with Nvidia (NVDA.O) edging 0.6% higher, while Alphabet (GOOGL.O) slipped 0.8%. The benchmark S&P 500 (.SPX) is now only 2% away from its highest level this year reached in July. ET, Dow e-minis were up 18 points, or 0.05%, S&P 500 e-minis were up 3.5 points, or 0.08%, and Nasdaq 100 e-minis were up 28.25 points, or 0.18%.

Persons: Brendan McDermid, Bristol Myers, Sam Altman, Satya Nadella, Altman, Susannah Streeter, Hargreaves Lansdown, Nvidia, Germany's Bayer, Amruta Khandekar, Maju Samuel Organizations: New York Stock Exchange, REUTERS, Microsoft, Bristol, Dow, Nasdaq, Federal Reserve, Nvidia, Fed, Traders, Dow e, Bristol Myers Squibb, Sunday, Thomson Locations: New York City, U.S

☆ Mars is buying Britain’s Hotel Chocolat in £534 million deal
▼ + stars: | 2023-11-16 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

London CNN —Mars is buying Hotel Chocolat in a deal that values Britain’s largest independent chocolate maker at £534 million ($661 million) and could boost its growth prospects outside of the United Kingdom. Hotel Chocolat was founded in 1993 by entrepreneurs Angus Thirlwell and Peter Harris who “were on a mission to make chocolate exciting again,” according to its website. In the most recent financial year, Hotel Chocolat posted what it described as “disappointing” financial results. The company’s revenue declined 10% to £205 million ($254 million) and it reported a loss of £6.2 million ($7.7 million). “Hotel Chocolat, whilst expensive, is proper chocolate.

Persons: London CNN —, Jonathan De Mello, Angus Thirlwell, Peter Harris, “, Chocolat, Thirlwell, ”, Kraft, ” Susannah Streeter, Hargreaves Lansdown, Mars Organizations: London CNN, United Kingdom ., Chocolat’s, JDM Retail, Twitter, Kraft Foods, Mondelez, Mars, Hargreaves Locations: United Kingdom, Chocolat, London, Japan, Caribbean, American, Birmingham

☆ Real estate made China rich. Now it's looking more like kryptonite.
▼ + stars: | 2023-11-16 | by ( George Glover | ) www.businessinsider.com time to read: +4 min

It’s a sign a key engine for the world’s second-largest economy is still sputtering, despite Beijing’s stimulus packages. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementChina's property crash worsened last month in a sign the world's second-largest economy is still facing headwinds despite recent government interventions. Evergrande serves as a case in point for how an industry that contributed to China's economic boom for decades has turned into a point of weakness. That's a sign investors are looking past US president Joe Biden's San Francisco summit with Chinese premier Xi Jinping and zeroing back in on China's economic struggles, according to analysts.

Persons: —, That's, that's, Evergrande, Hui Ka Yan, Joe Biden's, Xi Jinping, Hargreaves, Susannah Streeter, Joe Biden Organizations: Service, National Bureau, Statistics, Bloomberg, Cato Institute, CSI Locations: China, Beijing, Chinese, Joe Biden's San Francisco

☆ Moody's just reignited concerns about the US debt mountain. Here's what that means for the troubled Treasury-bond market.
▼ + stars: | 2023-11-13 | by ( George Glover | ) www.businessinsider.com time to read: +4 min

Moody's lowered its outlook for the US's credit rating to negative Friday. Negative credit outlookMoody's cut its outlook for the US's credit rating to negative Friday. The US's deficit: The US's debt pile is likely to "remain very large", per Moody's. The US's debt pile is likely to "remain very large", per Moody's. By stoking up worries about the government's massive debt pile, Moody's threatened to make a bad week worse – but the market reaction to it slashing its outlook has so far been muted.

Persons: Moody's, —, That's, Fitch, Biden, Karine Jean, Pierre, Hargreaves, Susannah Streeter Organizations: Treasury, Service, AAA, AA, Poor's, Federal, Treasury Department, Congress, White, Veterans Day Locations: Washington, British

☆ Big media rallies as tentative actors' deal paves way for restarting productions
▼ + stars: | 2023-11-09 | by ( Samrhitha A | ) www.reuters.com time to read: +2 min

Warner Bros Discovery (WBD.O) and Paramount Global (PARA.O) gained 3% each, Netflix (NFLX.O) rose marginally, while Walt Disney (DIS.N) jumped 4%, as it also benefited from strong earnings and a plan to cut more costs. The writers, who had gone on strike before the actors in spring, returned to work in late September, but most productions remained halted as the actors were on picket lines. "Its certainly a very encouraging sign the chasm that opened up between actors, writers and studios can finally be closed and work begin in earnest on re-starting productions," said Susannah Streeter, head of money and markets at Hargreaves Lansdown. Streeter warned that "it's going to take considerable time before new movies, in particular, will appear on screens given the lengthy post-production process." Reporting by Samrhitha Arunasalam in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

Persons: Alyssa Pointer, Walt Disney, Susannah Streeter, Hargreaves Lansdown, Streeter, Samrhitha, Shinjini Organizations: Warner Bros . Discovery, Writers Guild of America, Alliance of Motion Pictures, Television Producers, REUTERS, Warner Bros Discovery, Paramount Global, Netflix, SAG, Hargreaves, Thomson Locations: Warner Bros . Discovery Atlanta, Atlanta , Georgia, U.S, Hollywood, Bengaluru

☆ WeWork shares sink on reports of imminent plans for bankruptcy filing
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +1 min

Nov 1 (Reuters) - WeWork shares (WE.N) tanked over 35% in premarket trading on Wednesday after media reports that the flexible workspace provider was planning to file for bankruptcy as early as next week. The bankruptcy filing would follow a series of troubles for the SoftBank-backed company since its IPO plans imploded in 2019 on skepticism over its business model of taking long-term leases and renting them for short term. WeWork is mulling over filing a Chapter 11 petition in New Jersey, the WSJ first reported on Tuesday. The stock was last trading at $1.45 before the opening bell, after losing about 96% of its value this year. Reporting by Medha Singh in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

Persons: Susannah Streeter, Hargreaves Lansdown, Medha Singh, Shinjini Organizations: WSJ, Thomson Locations: New York, New Jersey, Bengaluru

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. The Bank of England and the Bank of Japan would also be announcing their verdict on rates later in the week. Of the 245 companies in the S&P 500 that have reported earnings so far, 77.6% have beaten earnings estimates, as per LSEG data. ET, Dow e-minis were up 188 points, or 0.58%, S&P 500 e-minis were up 25 points, or 0.6%, and Nasdaq 100 e-minis were up 101 points, or 0.71%. Reporting by Amruta Khandekar and Shashwat Chauhan in Bengaluru; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

Persons: Brendan McDermid, Susannah Streeter, Hargreaves Lansdown, Eli Lilly, Amruta Khandekar, Shashwat Chauhan, Maju Samuel Organizations: New York Stock Exchange, REUTERS, Dow, Nasdaq, Federal Reserve, Nvidia, Hargreaves, U.S . Treasury, Bank of England, Bank of Japan, Apple, Pfizer, Dow e, Thomson Locations: New York City, U.S, Gaza, United States, Bengaluru

☆ Oil prices are falling even as Israel steps up its war on Hamas. A spike could still happen
▼ + stars: | 2023-10-30 | by ( Olesya Dmitracova | Anna Cooban | ) edition.cnn.com time to read: +4 min

Brent crude, the global oil benchmark, fell 1.1% to $89 a barrel, and West Texas Intermediate (WTI) crude, the US benchmark, dropped 1.3% to trade at $84 a barrel by 7.51 a.m. The World Bank said Monday that a ratcheting up in the fighting in Gaza could push global commodity markets, including oil markets, into “uncharted waters,” and laid out three scenarios under which oil prices could surge. In that instance, the level of disruption would be comparable to that caused by the Arab oil embargo in 1973. The World Bank said a smaller disruption, equivalent to that resulting from the Libyan civil war in 2011, could send oil prices to $103 a barrel. Prices for Brent have risen 5.7% since Hamas attacked Israel on October 7, killing more than 1,400 people, mostly civilians.

Persons: Brent, Susannah Streeter, Hargreaves Lansdown, ”, Germany —, ” Indermit Gill, Benjamin Netanyahu, ” Israel, Daniel Hagari, Jake Sullivan, Ebrahim Raisi, — Rob North Organizations: London CNN, West Texas, Hargreaves, Bank, Hamas, Sunday, CBS Locations: Gaza, Germany, Ukraine, Iraq, Israel, Israeli, Iran, Lebanese, Tehran

With just $100 and a little bit of research, you can start your own passive income stream. With a little bit of time and research, anyone can start investing in a passive income stream with as little as $100. We asked three financial experts how they'd invest $100 to start making money in their sleep, and here's what they said. Real estate investment trustsFormer Wall Streeter and TikTok financial literacy educator Vivian Tu suggests putting your money in a real estate investment trust. Yieldstreet is one of the best real estate investing apps for those interested in real estate and alternative investments.

Persons: —, John Stoj, Wall Streeter, Vivian Tu, Taylor Kovar, you'll Organizations: Service, CFP

☆ ‘I Love You. I Am Sorry’: One Jew, One Muslim and a Friendship Tested by War
▼ + stars: | 2023-10-21 | by ( Kurt Streeter | More About Kurt Streeter | ) www.nytimes.com time to read: +2 min

Everyone on hand was part of NewGround, a nonprofit fellowship program that has helped more than 500 Los Angeles Muslims and Jews learn to listen, disagree, empathize with one another — and become friends. Ms. Hasan, whose family roots run through Palestine, runs NewGround. Ms. Hodos, once a resident of Israel, has been her associate director since 2020. “But it’s never been this bad,” they said, practically in unison, during a recent interview at a Los Angeles cafe. Never had they held this much dread, or found this kind of hopeful, grounding solace in the interfaith bonds their labor has created.

Persons: Aziza Hasan, God, ”, Andrea Hodos, “, Gabrielle, Raphael, Hasan, Hodos, it’s Organizations: Angeles, Israel Locations: Israel, Gaza, Los Angeles, NewGround, Palestine, United States

☆ Companies won't hire these women to drive trucks because of their gender, a new lawsuit says.
▼ + stars: | 2023-10-18 | by ( Sebastian Cahill | ) www.businessinsider.com time to read: +3 min

A new lawsuit accuses one of the US's largest trucking companies of gender discrimination. AdvertisementAdvertisementIn a new class action lawsuit, three named women allege that a trucking company either delayed their hiring processes or refused to hire them altogether because of their gender. Per the filing, other women applying were told there was a hiring freeze for women. Romer-Friedman added filing with the EEOC is the first step in a process that could lead to a federal civil rights lawsuit against Stevens Transport. Stevens Transport did not respond to a request for comment from Insider sent outside regular working hours.

Persons: —, Kim Howard, Ashli Streeter, Peter Romer, Stevens, Howard, Streeter, Friedman, Romer, I've Organizations: Service, Stevens Transport, Trucking, Commission, Romer, Bureau of Labor Statistics Locations: Friedman's, America

☆ Manchester United tumbles as Ratcliffe's stake bid report dents buyout hopes
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: +2 min

Ineos Chair Jim Ratcliffe would pay over $1.5 billion for the stake in Manchester United if his bid for the soccer club is accepted by the Glazer family that controls it, Reuters reported on Sunday, citing a person familiar with the matter. "Investors are clearly reacting with disappointment to expectations the Qatar deal for Manchester United will not go through," said Susannah Streeter, head of money and markets at Hargreaves Lansdown. "Expectations for a flood of fresh funding into Man U's coffers for a new stadium and new players are being revised." Jassim informed the Glazer family a few days ago that he will not raise his bid of more than $6 billion for Manchester United, which had a market capitalization of $3.26 billion as of Friday's close. Reporting by Sruthi Shankar in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

Persons: Jim Ratcliffe, Qatar's Sheikh Jassim bin Hamad al Thani, Ineos, Glazer, Susannah Streeter, Hargreaves Lansdown, Jassim, Sruthi Shankar, Shinjini Organizations: Manchester United, Reuters, Premier League, Hargreaves, Thomson Locations: Qatar, Bengaluru

☆ Investors are bracing themselves for a 'fresh jolt' of volatility, analyst says
▼ + stars: | 2023-10-16 | 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 EmailInvestors are bracing themselves for a 'fresh jolt' of volatility, analyst saysSusannah Streeter, head of money and markets at Hargreaves Lansdown, discusses how geopolitical turmoil in the Middle East is affecting markets.

Persons: Susannah Streeter, Hargreaves Lansdown Organizations: Hargreaves

A pair of shoes is pictured in a window of a Birkenstock footwear store in Berlin, Germany, January 21, 2021. Based on the low end of the range, Birkenstock could be valued at as low as $8.5 billion. Their shares have, however, given up gains since going public, muddying the outlook for the IPO market. As of Tuesday's close, Instacart shares were 10% below their IPO price. The company had disclosed a 21% jump in revenue to 1.12 billion euros ($1.19 billion) for the nine-month period ended June 30.

Persons: Fabrizio Bensch, Bernard Arnault, Louis Vuitton Moet Hennessy, Susannah Streeter, Hargreaves Lansdown, Margot Robbie, Barbie, Tommy Tranfo, Tranfo, Birkenstock, Dior, Stüssy, Manolo Blahnik, Rick Owens, Manya Saini, Niket, Anil D'Silva Organizations: REUTERS, New York Stock Exchange, Arm Holdings, Hargreaves, Reuters, Reuters Graphics, Thomson Locations: Berlin, Germany, French, Langen, Bengaluru

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