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Business: Sensata Technologies is an industrial technology company that develops, manufactures and sells sensors, electrical protection components and other products. Activist Commentary: Elliott is a very successful and astute activist investor. Elliott often watches companies for many years before investing and has an extensive stable of impressive board candidates. At the same time, Sensata also noted that Elliott settled for a board seat for Phillip Eyler (president and CEO of Gentherm), effective on July 1. As Sensata sensors are used in both combustion and electric vehicles, the current trend to hybrid gives the company a sort of 2-for-1 demand for its products.
Persons: Elliott, Jeff Cote, Martha Sullivan, Sensata, Phillip Eyler, Russell, Sullivan, Eyler, Ken Squire Organizations: Sensata Technologies, Xirgo Technologies, SmartWitness Holdings, 13D Locations: COOs, Cote, Sensata
Editor’s note: Runner and writer Emily Halnon’s new book, “To the Gorge: Running, Grief, and Resilience & 460 Miles on the Pacific Crest Trail,” was released on May 7. CNN —When my mom died, I spent a lot of time trying to stuff away my grief. My mother felt the weight of cancer, but she insisted on continuing to live in her wholehearted way. I was worried the Pacific Crest Trail run would be too much. But as I kept training, I discovered that running was one of the best places to process my grief.
Persons: Emily Halnon’s, , Miles, , I’d, didn’t, She’d, that’d, you’ll Organizations: CNN, Pegasus Locations: Eugene , Oregon, Oregon, Vermont, Eugene, Salt Lake City, Willamette, Griefville
Walt Disney puts its top-tier media dominance to the test when it reports results before the bell Tuesday. Wells Fargo's Steven Cahall upped his price target to $141 a share, suggesting upside of 24%. StreetAccount estimates call for 229.35 million subscribers across the business unit and nearly 155 million Disney+ subscribers. At its last earnings call in February, Disney said it expects between 5.5 million to 6 million added subscribers in the second quarter. He forecasts an additional 4 million subscribers each year.
Persons: Walt Disney, Nelson Peltz, Jessica Reif Ehrlich, David Karnovsky, Wells Fargo's Steven Cahall, Deutsche Bank's Bryan Kraft, Disney, Vijay Jayant, America's Ehrlich Organizations: Trian Partners, LSEG, Walt Disney, Bank of America, JPMorgan, Disney, Deutsche, DTC, Netflix, Bank Locations: F1Q
Bad Bunny, Jennifer Lopez, Chris Hemsworth and Zendaya will co-chair this year's Met Gala for the exhibition "Sleeping Beauties: Reawakening Fashion." The first celebrities to appear will be Gala co-chairs Zendaya, Jennifer Lopez, Bad Bunny and Chris Hemsworth, the last of whom is making his Met Gala debut. What was the first Met Gala theme? Gwyneth Paltrow famously called the Met Gala “un-fun” in 2013 and said she’d “never” go again, but returned in 2017 (and 2019). Met Gala guests have often broken the no-social-media rule to give a more candid glimpse of who is hanging with who and what goes on behind closed doors.
Persons: CNN —, , Jared Leto’s, Rihanna, J.G, Ballard, Andrew Bolton, Bunny, Jennifer Lopez, Chris Hemsworth, Zendaya, James Devaney, Victor Aubry, Christina House, Neil Mockford, Bad Bunny, Anna Wintour, Wintour, Arturo Holmes, Karl Lagerfeld, Rei Kawakubo, Charles James, Christian Dior, Alexander McQueen, Gianni Versace, Angela Weiss, Lagerfeld, Anne Hathaway, Nicole Kidman, Jenna Ortega, Chanel, Fendi, Eleanor Lambert, Diana Vreeland, LaunchMetrics, Calvin Klein, , ” Cher, Ron Galella, , Lady Gaga, Kardashian, Jenners, Donald Trump, James Corden’s, Demi Lovato, Zayn Malik, Tina Fey, Fey, David Letterman ”, backtrack, Gwyneth Paltrow, she’d “, Olivia Wilde, Margaret Zhang, Kevin Mazur, Bella Hadid, Dakota Johnson, Jason Derulo, Jay, Solange, it’s, ” Wilde Organizations: CNN, Metropolitan Museum of Art, Costume Institute, Los Angeles Times, American Vogue, New York Times, Getty, Super, Hollywood, Vogue, “ Vogue China Locations: New York, British, American, China
I'd never been part of the fraction of people emotionally equipped to handle casual sex. When my partner and I started having sex, I struggled with feelings of inadequacy. For a long time, I was overly caught up in our sex life. In the same way, I'm never too old to get acquainted with the body I live in. Is it strange to be in the early years of my sex life while those around me are in the (much) later years of theirs?
Persons: I'd, It's, we're, Eugene Levy, Levy, I'm, I've Organizations: Service Locations: Gibraltar, Africa
This week’s rapid spread of college campus encampments meant to protest the war has ratcheted up the pressure on the US over its support for Israel. Second gentleman Doug Emhoff spoke by phone with two Jewish leaders on campus, a White House official said, to discuss the immediate need to address antisemitism on college campuses. Despite being just miles from Columbia and the most tense scenes of the protests, Biden will not be making a visit to campus as he holds events in the New York area Friday. The White House must by May 8 certify whether Israel is complying. And while Sanders sought assurances from Biden on how he was approaching the situation, the president remained characteristically diplomatic, Shakir, the Sanders adviser said.
Persons: Joe Biden, Sen, Bernie Sanders, Biden, Sanders, Biden –, , ” Faiz Shakir, Joe, Doug Emhoff, Mike Johnson, Johnson, ” Johnson, ” Biden, Benjamin Netanyahu, Netanyahu, Shakir, , CNN’s Sam Fossum Organizations: York, York City CNN, Democratic, CNN, Israel, Columbia University, White, Republican, Representatives, National Guard, Harvard Kennedy School’s Institute, Politics, Israeli, Hamas, Biden Locations: York City, Virginia, Vermont, Gaza, Israel, Columbia, New York
Here's why Thursday's post-GDP sell-off may be overdone
  + stars: | 2024-04-25 | by ( Sarah Min | ) www.cnbc.com   time to read: +4 min
Stocks sold off Thursday aHoweverfter the latest economic data came in weaker than expected, but some observers say that the reaction was overdone. While the headline GDP number missed expectations, it nevertheless showed economic growth the Fed could take in stride, they say. He noted that the core parts of GDP, such as consumption growth and residential growth, were "quite good." "Stagflation is a combination of stagnant growth and high inflation," Nick continued. "I think the earnings backdrop has been very supportive," Lee told CNBC's " Closing Bell " on Thursday.
Persons: Stocks, Dow Jones, Chris Zaccarelli, Brian Nick, Nick, we're, Rob Ginsberg, Ginsberg, Fundstrat's Tom Lee, Lee, CNBC's, Jeff Cox Organizations: Federal Reserve, Independent, Alliance, Dow Jones, Treasury, Macro, Wolfe Research Locations: U.S
Here's a rapid-fire update on all 33 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Broadcom : Broadcom's AI business, which includes co-designing custom chips for tech giants such as Club holding Alphabet, is booming. The newspaper reported April 12 that Salesforce was in talks to buy Informatica, which sent the Club holding's shares plunging. Wells Fargo : Another trim is due for our Wells Fargo position after a great run for the bank stock, Jim argued. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Jim Cramer's, Jim, Johnson, Abbott, Andy Jassy, Bausch, Salesforce, Salesforce didn't, Tom Jorden, We've, It's, Walt Disney, Nelson Peltz's, Bob Iger's, Estee Lauder, there's, Eaton, We're, he's, Locker, he'd, Vimal Kapur, Linde, Eli Lilly, Eli Lilly's, TikTok, Joe Biden, Morgan Stanley, Morgan Stanley's, Ted Pick, Jensen Huang, Nikesh Arora, haven't, Laxman Narasimhan, Sands, Stanley Black, Decker, TJ Maxx, TJX, Wells, Jim Cramer, Angela Weiss Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Abbott Laboratories, Johnson, Web Services, Broadcom, VMWare, GE Healthcare, GE, Bausch Health, Costco Wholesale, Costco, Street, Informatica, Coterra, DuPont De Nemours, DuPont, Walt, Disney, Ford, GM, Philips, Siemens, Google, Honeywell, Linde, Facebook, Meta, Microsoft, Nvidia, Investors, AMD, Oregon State University, Palo Alto Networks, UnitedHealth, Procter & Gamble, Constellation Brands, Constellation, Modelo, TJX, Marshalls, Home Goods, Wynn Resorts, Jim Cramer's Charitable, New York Stock Exchange, Afp, Getty Locations: China, Informatica, Ford, Estee, U.S, mater, Palo, Corona, Wells Fargo, Wells, Macao, New York City
CNN —When Margaret Bensfield Sullivan envisioned the type of family who might jet off for a year to explore the world together, she had a very specific image in her head. According to Sullivan, she and her husband had never traveled with their kids before their big trip. “We loved to travel as a couple,” Sullivan explains, recalling how they visited countries like Thailand, Cambodia, Argentina and Turkey together before starting their family. They won’t remember anything.”However, Sullivan explains that a work trip to Tanzania in 2017 completely changed her perspective. ‘Following the sun’When it came to planning their route, the Sullivan family decided to “follow the sun.” Margaret Bensfield SullivanOnce they’d made up their minds, the couple spent seven or eight months “working out the logistics” and winding their lives in New York down.
Persons: Margaret Bensfield Sullivan, Sullivan, ” Sullivan, Teddy, Willa, James, , , , they’d, “ It’s, they’ve, didn’t, you’re, shouldn’t, Lucia, we’re Organizations: CNN, CNN Travel, Sullivans, Sun Locations: New York, Thailand, Cambodia, Argentina, Turkey, Tanzania, South America, Africa, East, Europe, Asia, Australia, New Zealand, Mongolia, Vietnam, Indonesia, , Mexico, Guatemala, Italy, Greece, Grenada, Barbados, Dominica, St
Hard-to-handicap geopolitical conflict never helps, even if it rarely serves as the key swing factor in a market trend. .SPX 1Y mountain S & P 500, 1-year And then there was simply the elevated valuation and over-optimistic sentiment that had built up over that five-month, 28% rally that culminated at the end of March. Over the long span of time, about 40% of all 5% market pullbacks deepened into full 10% corrections. A 10%-ish correction from the S & P 500 high of 5254 would pull the index down below 4800, the former record high from early 2022, and so would be a test of the first-quarter breakout. Last week's 3% decline took the index back to Feb 21 and thereby closed the "Nvidia gap," the 100-point S & P 500 pop the day after Nvidia's blowout fourth-quarter earnings report.
Persons: Warren Pies, Jerome Powell Organizations: Nasdaq, 3Fourteen, Nvidia, Big Tech, Treasury, Silicon Valley Bank Locations: Silicon
At the very beginning of Si Lewen’s “The Parade,” the series of untitled antiwar works on artist’s board that forms the pulsing heart of a new exhibition curated by the cartoonist Art Spiegelman, four sketchy, ecstatic boys and girls stride into the endless possibility of unmarked white gesso. In the second panel, a family leaning out their window catches sight of someone waving a flag. The flag itself is also faint and white, but the family is surrounded by an ominous black shadow. And as that single flag turns into a parade, and the parade acquires rifles, swords, black banners and German helmets, Lewen’s painting and drawing — he made “The Parade” around 1950 with a mix of crayon, ink, paint and graphite — gets denser and darker.
Persons: Art Spiegelman
YouTube tech reviewer Marques Brownlee gave a scathing review of Humane's new AI pin. Some X users said Brownlee's review would mark a death knell for the company. AdvertisementIn his review, Brownlee applauded the build and craftsmanship of the device. AdvertisementIn another viral tweet, however, the user Daniel Vassallo called Brownlee's review "distasteful" and "almost unethical" given his huge following. Vassallo told Business Insider he wasn't defending Humane and actually thought the substance of Brownlee's review was "fair and balanced."
Persons: Marques Brownlee, , Brownlee, Sam Sheffer, Humane's, Daniel Vassallo, Vassallo, MKBHD, Alex Finn, Alex Kehr Organizations: YouTube, Service
Investors had lately been hoping the Fed might start easing back on policy starting in June, with three rate cuts penciled in for the year. But a robust labor market, as reflected in last week's March payrolls, and this latest consumer inflation data have pushed back that view. Markets now anticipate the first cut might come in September, with just two quarter-point reductions for the whole year. Even so, investors anticipate that markets may be able to take fewer rate cuts in stride so long as the Fed isn't actually forced to raise rates. Varghese still leans toward equities, expecting as many as three rate cuts this year, though he anticipates the first cut might not come until July now.
Persons: Federal Reserve doesn't, Stocks, isn't, Ayako Yoshioka, Yoshioka, Wolfe, Rob Ginsberg, Ginsberg, Sonu Varghese, Varghese, Powell, they're Organizations: Federal Reserve, Dow Jones, Nasdaq, Carson Group, CPI
CNN —Some Arsenal fans might have been forgiven for waking up in a cold sweat in the nights leading up to Tuesday’s Champions League quarterfinal first leg against Bayern Munich. The 30-year-old became the fastest player to score 20 Bundesliga goals, reaching the landmark in just 14 matches, well ahead of Uwe Seeler’s previous record of 21. He also has four hat-tricks to his name, something no player had previously achieved in their first Bundesliga season. Arsenal fans thought Kane should have been shown a red card in the second half. With Bayern fans banned from the match due as punishment for throwing flares onto the pitch during their side’s win against Lazio in the previous round, you could hear a pin drop inside the Emirates.
Persons: Harry Kane, Kane, Uwe Seeler’s, Seeler, Robert Lewandowski’s, David Klein, Thomas Tuchel, Xabi Alonso’s Bayer, Kane’s, , ” Tuchel, Eric Dier, Adrian Dennis, Tuchel, haven’t, , Serge Gnaby, Leroy Sané, David Raya, Leandro Trossard’s, Gabriel, William Saliba, Kieran Cleeves, It’s, Kingsley, Frenchman, ” Kane Organizations: CNN, Arsenal, Tuesday’s Champions League, Bayern Munich, Gunners, Tottenham Hotspur, Bundesliga, Reuters Bayern, Bayern, Xabi Alonso’s Bayer Leverkusen, FC Saarbrücken, League, “ Arsenal, Spurs, Champions League, Getty, , Emirates, Lazio, Tottenham, TNT Sports Locations: England, London, Germany, Europe, AFP, Munich
Tesla's stock is down over 10% in the last year, and Elon Musk's net worth has also fallen. Lately, social media platform X has begun to look more like regular old Twitter. With his social media venture, X, that seems to mean returning to the app to the pre-Musk days of plain old Twitter. Musk and representatives for Tesla and X did not respond to requests for comment from Business Insider. "Honestly, the best thing that Twitter can do to regain its position is to sideline Musk.
Persons: Tesla, Musk, , Elon, Gabor Cselle, CNN's Oliver Darcy, David Camp, Metaforce, Camp, X, Cselle, Ed Zitron, Kim Kardashian, Jay, Zitron, Linda Yaccarino, Yaccarino, he's Organizations: Elon, Service, Twitter, NBC News, Variety, Business, Camp Locations: China, Texas
More recently, after nominating a majority director slate, Sachem Head settled for three board seats at US Foods. Taking board seats signifies both commitment and contribution, and this philosophy and style is really paying off for Sachem Head. After 2021, the revenue growth started slowing: It's 8.5% today, and it's estimated to be 5% to 10% in the coming years. As much as a growth market rewards hyper-growth stocks, it punishes those companies when revenue growth slows. On March 30, Sachem Head received a board seat for Andy J. Stafman, partner at Sachem Head, and agreed to withdraw its notice of shareholder proposals and nomination of candidates for election to the board at the 2024 annual meeting.
Persons: Scott Ferguson, Sachem, Ferguson, Olin —, Twilio, Twilio's, Jeff Lawson, Khozema, denigrate Lawson, Sinch, Andy J, Stafman, Anson, Sagar Gupta, Thomas Wyatt, Ken Squire Organizations: Pershing, Olin, US Foods, Sachem, Communications, Gartner, IDC, Twilio . Legion Partners, Anson Funds, Legion Partners, 13D Locations: Twilio
Was that a change in the market's character last week, or is it still the same old bull? This is generally to the good, as boring markets are bullish markets while they remain that way. Rates and commodities worries Other asset markets have also been at least inviting the question about a potential shift in character. The good news on this, as I keep insisting, is that it hasn't been a truly Fed-driven market. Though it's easy to imagine the market chafing at this kind of higher-rate, higher-growth equilibrium if it continues too much longer.
Persons: Ned Davis, Jerome Powell, hasn't, That's, We're, It's, Andrew Kelly Organizations: Ned Davis Research, Treasury, Fed, Investors Intelligence, Investment, Deutsche Bank ., New York Stock Exchange Locations: New York City, U.S
By the time Shanadi started his freshman year at the University of Florida, he had nearly a decade of work under his belt. His first brand, Greek House, while "a little bit of an accident," admitted Shanadi, was set in motion. It allowed him and McGurrin to launch Greek House with the limited savings they had. They dedicated weeknights and weekends to growing Greek House. Quitting corporate America, living on $1,000 a month, and learning from a $33,000 mistakeIn 2016, Shanadi quit his job to go all-in on Greek House.
Persons: Karthik Shanadi, Shanadi, Luke McGurrin, Luke, McGurrin, We'd, LUKE SIRIMONGKHON, Brian Chesky, that's, we've, we're Organizations: Business, University of Florida, New, Amazon, House, of Florida, Follett, Dick's Sporting Goods Locations: Bangalore, India, Orlando, New York City, Florida, California, Bay, Los Angeles, America, Salesforce, LA
It's a victory for CEO Bob Iger against activist investor Nelson Peltz. AdvertisementDisney CEO Bob Iger has officially prevailed in his battle against activist investor Nelson Peltz. Disney had been expected to prevail in the Peltz proxy battle. AdvertisementThe battle, though, likely prompted Iger and the board to redouble its focus on the next Disney CEO. "Regardless of the outcome of today's vote, Trian will be watching this company's performance," Peltz said at the meeting before the decision.
Persons: Bob Iger, Nelson Peltz, , Peltz, Jay Rosulo, Horacio Gutierrez, Disney's, Maria Elena Lagomasino —, Iger, Disney, Neuberger Berman, Trian, Gen Z, Alpha, Bob Chapek, Iger's, Jason Schloetzer Organizations: Disney, Service, Trian Partners, CNBC, California Public Employees, Epic Games, ESPN, Georgetown University's McDonough School of Business
The decision, Tan told BI, came to him after his aunt died. Tan told BI that he left the SAF without any job offers and had to rely on his savings while job hunting. But contextualizing the skills they'd picked up in the military and maintaining their resilience, the veterans told BI, was their key to success. I got to interact with new soldiers and helped to make their training more interesting," Tan told BI. Tan told BI that he spent six months taking courses before he landed his first full-time role in the private sector.
Persons: , Tan, who'd, Tan wasn't, they'd, Jiahui Ong, Ong, Kwong Weng Yap, Yap, Jianhui Tan, Euromonitor, you'll, Adrian Choo, Choo Organizations: Service, Singapore Armed Forces, SAF, BI, Business, DBS Bank, DBS, Navy Locations: Australia
Grip strength can indicate health and longevity
  + stars: | 2024-04-01 | by ( Dana Santas | ) edition.cnn.com   time to read: +8 min
While it may seem like a small part of your body’s total strength, grip strength is a foundational component of physical fitness, linked to injury prevention, as well as a reliable benchmark for many aspects of health and functional independence as we age. Tasks such as carrying groceries, opening doors and jars, and even getting out of a chair all require adequate grip strength. How to assess and track your grip strength at homeIn clinical settings, a hand dynamometer measures grip strength by gauging the force applied when squeezing its handle. To test your grip strength at home without a dynamometer, use a bathroom scale or tennis ball to give you rough, trackable measurements. Exercises to strengthen your gripImproving grip strength involves incorporating specific exercises to address all three aspects of grip strength.
Persons: Dana Santas, it’s, I’ve, you’ll Organizations: Pain, CNN, CNN’s
April sees about 10% of all preannouncements for a given year on average, according to Goldman Sachs. Given that earnings announcements can cause stock volatility, whether they are scheduled or not, this could create an opportunity for options traders to capitalize. CNX, a natural gas company, has announced preliminary results in April four times since 2011, according to Goldman, while Delta has done so three times. The stock has since erased that drop, but the sharp one-day move likely created some winners among options traders. Health care is a sector that sees a higher-than-average number of preannouncements, according to Goldman, which could bode well for traders interested in HCA.
Persons: Goldman Sachs, John Marshall, Goldman, bode Organizations: Delta Air Lines, HCA Holdings, Fidelity National Information Services Locations: Delta, DAL
She is the daughter of the Japanese photographer Joe Honda. Joe Honda ArchiveCommercial opportunityIn the 1960s, Japan was emerging as an advanced and high-tech nation following its defeat in WWII. “The groundwork for the Indy 200 was already laid by then, and the Japanese were ready and willing to pay for racing,” he said. Rare intimacyFive months before the Indy 200, Clark had been invited to test-drive the Fuji road course. Joe Honda ArchiveCultural shiftsIn 1966, no Japanese drivers or cars participated in the exhibition Indy 200 race.
Persons: Joe Honda, Japan CNN —, Jim Clark, Honda, Jackie Stewart, Chris Amon, Akira Jin –, , Shingo Shiozawa, Riki Ohkubo, , , ” Jackie Stewart, Nissan Sunny, Jack K, Yamaguchi, Jin –, Japan –, Shiozawa, Jack Brabham, Clark, Graham Hill, Ohkubo, Honda’s, Colin Chapman, , , ’ ”, Donald Capps Organizations: CNN, Japan CNN, Jim Clark Motorsport Museum, Indianapolis, IndyCar, Fuji International, Honda, Boys, Indy, Fuji, Japan, Nissan, Prix, Suzuka, Formula, Fuji International Speedway, Bolshoi Ballet, Leningrad Philharmonic, United States Auto, Triple Crown, Motorsport, Monaco, Nippon Auto Club, Speedway, Automotive Society of Historians Locations: Tokyo, Japan, Fuji, Scotland, New Zealand, American, Asia, America, Mie, Indianapolis
Einride plans to open many EV charging stations for freight trucking on the West and East coasts, though California is the only state in which there are any EV freight charging stations of scale today. Voltera, which develops, owns and operates EV infrastructure, said the site was permitted, built, electrified and operational in under 18 months. "In the world of charging infrastructure, that's pretty remarkable," its CEO Matt Horton said in a statement. One of the first EV charging stations of scale for freight trucks is opening near the major ports of Los Angeles and Long Beach, California, as the trucking market takes some limited, but significant steps to build the infrastructure required for a long-term transition to EV trucking and net-zero shipping. Additional EV charging projects at ports in New York and New Jersey, as well as the Pacific Northwest, are planned.
Persons: NFI, Matt Horton, Robert Falck, Einride, Moller, Erik Neandross, , Neandross Organizations: EV, West, Volvo, Southern California Edison, Maersk, CNBC, Pepsi, Walmart, U.S, California Air Resources Board, Department of Energy, Environmental Protection Agency, EPA Locations: East, California, Lynwood, America, Southern California, Ontario , California, U.S, Sweden, Einride, Los Angeles, Long Beach , California, Government, New York, New Jersey, Pacific Northwest, Shanghai, Chicago
NEW YORK (AP) — Garden centers enjoyed a pandemic boom, particularly with millennials, as people looked for outdoor activities during lockdowns. To regain the sales momentum, garden centers must navigate a number of challenges as another spring season kicks in. At Flowercraft Garden Center, a San Francisco garden center that is in its 50th year of operation, houseplants, vegetable starter plants and citrus trees are selling well, said general manager Lydia Patubo. That was good for an area suffering from a yearslong drought, but bad for garden center business. Even though his sales have plateaued since the pandemic, he feels the 34-year-old garden center is in a good spot.
Persons: Danny Summers, Summers, That’s, , Lydia Patubo, Patubo, San Francisco, ” Patubo, Chris Cordrey, , ” Cordray, hasn’t, Kat McGraw, ” McGraw Organizations: Survey, The Garden Center Group, Garden, , East Coast Garden, National, Administration, Co, Atlanta, Locations: U.S, San Francisco, San, California, Millsboro , Delaware, Chattanooga , Tennessee, Nashville, Tennessee
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