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☆ Here are 5 sectors of the market that are working and the stocks that stand out in each
▼ + stars: | 2024-04-28 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

Federal Reserve Chairman Jerome Powell met with the press after the March Federal Open Market Committee (FOMC) meeting, which was pretty fraught. Data centers If there is the whiff of a data center or anything in one, the stock goes higher. It's why Meta stock is a buy a tad lower as stocks tend to revisit those kinds of declines. I worry about Club stock Stanley Black & Decker for this reason, but the dividend will keep it propped up for now. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: what's, Jerome Powell, Powell, Powell isn't, Voltaire, Vertiv, Eaton, Meta, It's, jetsam, Darius Adamczyk, Vimal, Stanley Black, Decker, Azek, Morgan Stanley, Wells, Charlie Scharf, Wells Fargo, Chipotle, that's, Johnson, Jensen Huang, Jim Cramer's, Jim Cramer, Jim, Scott Mlyn Organizations: Federal, Market, Broadcom, Google, Microsoft, Nvidia, Travel American Express, Raytheon, GE Aerospace, Royal, AAR, Honeywell, Southwest Airlines, Housing, Stanley, JPMorgan, Procter, Gamble, Colgate, Merck, Bristol, Myers, PepsiCo, Energy, Coterra Energy, Diamondback, drillers, CNBC Locations: California, Royal Caribbean, Delta, Devon

☆ 83% of teenagers are already thinking about retirement — but many make this one mistake
▼ + stars: | 2024-04-22 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

Overall, teenagers are taking a greater interest in their long-term financial health — although far fewer understand basic retirement planning. "This research shows retirement is more top-of-mind for teens than one might think," said Jack Kosakowski, Junior Achievement's president and CEO. Slott recommends opening a Roth individual retirement account to get a head start. Contributions to a Roth IRA are taxed upfront, and earnings grow tax-free. Once contributed, the money inside a Roth IRA account can be invested appropriately to suit any type of long-term goal.

Persons: Jack Kosakowski, Junior, Ed Slott, Slott, Roth, Christopher Jackson's, Jackson Organizations: Junior, Da Vinci Communications High School, CNBC Locations: Southern California

He was a model to me of artistic labor and discipline, even if those early paintings were painfully amateurish. IT WASN’T MY intention to start an essay about artistic beginnings with a story of artistic death. No one captured the massive cultural and economic disparities of my life in Delhi (and his in Lahore) like Toor. But quite unbeknown to me, Toor’s life in New York had opened up a new vein of material. Not everyone who sees a Michelangelo can go off and paint a Michelangelo.”THERE ARE SO many ways to begin.

Persons: Naipaul, Neil Shah, James Wood —, Zack, who’d, ”, Artemisia Gentileschi, Susanna, Elders ”, I’m, ” Gustave Flaubert, “, ” Zack, it’s, Bruce Chatwin, Paul Gauguin, Salman Rushdie, Somerset Maugham, Kathryn Bigelow, Philip Glass, Arundhati Roy, Booker, Joseph Conrad, Conrad, Jacques, ” Conrad, brimming, ’, ’ ”, Clarice Lispector, Benjamin Moser, ” Lispector, Maugham, eludes, Jan van Kessel, Elder, — Pieter Bruegel, —, Rebecca West —, “ Black Lamb, J.R, Hammond, Wells, Rebecca West ”, sloughed, Henrik Ibsen’s, Rosmersholm ”, Karan Mahajan, Salman Toor, what’s, ” Hemingway, Anoushka Shankar, Ravi Shankar, Harold Bloom, Ravi, Uday, René Daumal, Rasa ”, ” Anoushka, Norah Jones, Norah, I’ve, “ Raphael, Rachel Cusk, Italy ”, Perugino, Raphael, Cusk, J.M, Samuel Beckett, Gabriel García Márquez, Thomas Pynchon’s, James Joyce, Michelangelo, Leonardo da Vinci, Marcel Proust’s, Fyodor Dostoyevsky, Read, Emma Kehlbeck, Quinton Kamara Organizations: Amherst College, Elders, Fayerweather, ”, Google, Sunday Times, Somerset, Yugoslavia, The, “, . Locations: Delhi, ”, Massachusetts, Italian, Topeka, Kan, Amherst, New York, London, Patagonia, New Delhi, Torrens, Cambridge, Polish, Ukrainian, Brazil, Flemish, Victorian England, “ H.G, Fairfield, United States, “, East, Lahore, Europe, America, Texas, Side, Manhattan, India, Italy

He was a model to me of artistic labor and discipline, even if those early paintings were painfully amateurish. The painting followed me from Amherst to my first job in New York, and on to London and Delhi. IT WASN’T MY intention to start an essay about artistic beginnings with a story of artistic death. I’m especially moved by those first moments of validation by which an artist comes out to himself, as it were. It’s this, the inexorability of the correspondence between an artist and the world, that gives those first steps their magical quality.

☆ These stocks could get a bump after reporting earnings next week
▼ + stars: | 2024-04-12 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Using Bespoke Investment Group data, CNBC Pro screened for stocks set to release their quarterly results that meet the following criteria: Reporting earnings next week Average earnings per share beat rate of 70% or higher Shares typically gain an average of 1% or more after reporting earnings The screen turned up medical device company Intuitive Surgical as showing the highest average one-day move after reporting earnings, at 2.43%, and an average EPS beat rate of 87%. "We anticipate Da Vinci Xi demand will hold strong in the interim as customers await the commercial launch of da Vinci 5, benefiting from improving utilization and procedure volume trends in the near-term." Horton , which also reports on Thursday, has a 76% earnings beat rate and the stock typically gains roughly 1.5% after results. Toolmaker Snap-on had the highest earnings beat rate on the screen, at 90%. Other companies that could see a bump after earnings next week include Blackstone , Citizens Financial and workforce solutions company ManpowerGroup .

Persons: Da, Joanne Wuensch, Wedbush, Horton, homebuilders Organizations: Federal Reserve, CNBC Pro, Citigroup, Citi, FactSet, Blackstone, Citizens Financial Locations: Vinci, Horton, D.R, underperform

☆ Russia is 'more dangerous' now than when it first invaded, former general reports after returning from Ukraine
▼ + stars: | 2024-04-12 | by ( Ella Sherman | ) www.businessinsider.com time to read: +5 min

Retired Australian Army Maj. Gen. Mick Ryan advocates for a change in Ukraine's war strategy. Ryan suggests Ukraine needs to push its narrative in Western media to counter Russia's influence. The Russian military has changed its warfighting capabilities, and the defense industry has been kicked into gear. Ukraine, he argued, must push its narrative to get through to Western media and dispute Russia's declarations of expected victory. Ryan said NATO and other partner nations should consider switching their perception of providing support from "defend Ukraine" to "defeat Russia in Ukraine."

Persons: Mick Ryan, Ryan, —, Jose Colon, Kurt Campbell, Chris Cavoli, Cavoli, Ukraine's Da, Kostiantyn Organizations: Australian Army, Service, Lowy Institute ., Russian Army, Russian Defense Ministry Press Service, AP, Ukraine, NATO, Ukraine's Da Vinci Wolves, Kyiv Locations: Ukraine, Russia, Australian, Australia, Lowy Institute . Russia, Lyman, Donetsk Oblast, Ukrainian, United States, Washington

Skyscraper-sized billboards show assault troops in battle gear emerging from a ball of flames. Slick recruiting campaigns brimming with nationalist fervor have become ubiquitous in Kyiv, the capital, and other Ukrainian cities in recent months. They are perhaps the most visible sign of a push to replenish Ukrainian troops depleted by more than two years of a brutal war — an effort that experts and officials say is crucial for fending off relentless Russian attacks. But most of the campaigns are not the work of the country’s political and military leadership. They are the initiatives of troop-starved brigades that have taken matters into their own hands, shunning an official mobilization system that they say is dysfunctional, often drafting people who are unfit and unwilling to fight.

Persons: ”, Dmytro Koziatynskyi Organizations: Da Vinci Wolves Locations: Kyiv, Crimea

☆ Nvidia has a parade of partners, but these two stocks are my favorite beneficiaries
▼ + stars: | 2024-03-24 | by ( Jim Cramer | ) www.cnbc.com time to read: +23 min

That's what Nvidia needed semiconductor design firm Synopsys to do to make this next generation of chips. Right now, Nvidia has had not one, but two different breakthroughs: Accelerated computing at a ridiculously fast speed and generative artificial intelligence. I think Jensen regards Dell as a crucial partner when it comes to installing Nvidia's systems anywhere. Do I think Nvidia would like to do more business with Apple? I think Nvidia would like to do more business with everyone, including alleged opponent Intel .

Persons: Abraham Lincoln, David Herbert Donald, Jensen, It's, Jensen Huang, Lincoln, Leonardo da Vinci, da Vinci, he's, Blackwell, Grace Hooper Superchip, –, Moby Dick –, that's, they've, Adam Selipsky, Jensen laughingly, Claude, Anthropic, Dell, Michael Dell, Jensen's, it's, dink, I'm, Johnson, J, Abbott, Reckitt Benckiser, we've, CrowdStrike, ServiceNow, Bill McDermott, Tesla, Elon Musk, Lora Kolodny, That's, Frank Slootman, Ansys, Synopsys, isn't, Sundar Pichai, Satya Nadella, Larry Ellison, Nvidia's Blackwell, Mark Zuckerberg, Jim, Tim Cook, Cook, Apple, Jim Cramer's, Jim Cramer, Josh Edelson Organizations: Lincoln, GTC, Nvidia, GTC –, CNBC, Amazon, Microsoft, Google, Dell Technologies, Club, Dell, Siemens, Rockwell Automation, Cadence Design Systems, Nvidia's, Johnson, Abbott Laboratories, GE Healthcare, cybersecurity, Palo Alto, Palo, Snowflake, AMD, Autodesk, Cadence, Computer, Oracle, Apple, Justice Department, Intel, Vision, Jim Cramer's Charitable, SAP Center, AFP, Getty Locations: U.S, Silicon Valley, Lincoln, Here's, Palo Alto, Pittsburgh, Switzerland, San Jose , California

☆ The 'best' investment right now: Fund manager picks stocks with almost 15% total returns
▼ + stars: | 2024-02-26 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Shares of oil giants and European infrastructure companies can act as a hedge against inflation while also delivering strong annual growth, according to fund manager Freddie Lait. Lait manages two funds — the Latitude Horizon Fund and the Latitude Global Fund — with more than $750 million of assets collectively and holds all three stocks in both funds. BP SHEL 1Y line The fund manager explained that with oil currently around $85 per barrel, and his assumption of $70-75 long-term, his oil and gas stock picks can generate nearly double-digit annual returns for shareholders. 'Phenomenally interesting' stock Beyond energy names, Lait said his favorite inflation-linked stock is Vinci which he described as "phenomenally interesting." The company operates a mix of toll roads and civil engineering projects with long-term inflation adjustment mechanisms.

Persons: Freddie Lait, Lait, Vinci, Goldman Sachs Organizations: Latitude Investment Management, Shell, CNBC Pro, International Energy Agency, London Gatwick, Atlantic City International, Vinci Locations: Saudi Arabia's, Aramco, Burbank, United States

☆ What’s in a Name? For This Rembrandt, a Steep and Rapid Rise in Price.
▼ + stars: | 2024-02-23 | by ( Colin Moynihan | ) www.nytimes.com time to read: +2 min

The dramatic change in value came about only because some experts decided the painting was by Rembrandt. Reattributed to da Vinci, it sold in 2013 for $83 million and then again for $127.5 million. “Adoration,” thought to have been painted around 1628, has at various times in its 400-year life been viewed as a work by Rembrandt. Three years later, it was offered for sale by Sotheby’s as a Rembrandt but went unsold. In 1985, the painting came back on the market, at Christies, and this time it was sold — but only as a work from the “circle” of Rembrandt.

Persons: Rembrandt, Philip IV, Salvator Mundi, Christ, Leonardo da, Reattributed, da, ”, Sotheby’s, Kurt Bauch Organizations: Metropolitan Museum of Art, Christie’s Locations: da Vinci, Christies

☆ Jim Cramer says Nvidia CEO Jensen Huang is a bigger visionary than Elon Musk
▼ + stars: | 2024-02-22 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +3 min

CNBC's Jim Cramer said Thursday he believes Jensen Huang — the co-founder and CEO of leading artificial intelligence chipmaker Nvidia — is a bigger visionary than billionaire entrepreneur Elon Musk, whose panoply of companies includes Tesla , rocket maker SpaceX and brain-tech startup Neuralink. Cramer's Charitable Trust, the portfolio used by the CNBC Investing Club, has long been invested in Nvidia. Cramer has espoused the brilliance of Huang for years and even re-named his dog Nvidia. Ahead of earnings this time, Cramer equated Huang to popstar Taylor Swift , saying their success is unparalleled in their respective fields. And Musk is creating, singlehandedly, a way to be able to deliver things," Cramer continued.

Persons: CNBC's Jim Cramer, Jensen Huang —, Nvidia —, Elon Musk, Jensen, Cramer, Huang, Leonardo da Vinci, popstar Taylor Swift, Musk, Barnum Organizations: Nvidia, SpaceX, Trust, CNBC, Microsoft, Apple, Cramer's Trust, Ringling Bros, Barnum, Bailey Locations: Santa Clara , California

☆ Artist Jeff Koons makes history with a sculpture on the moon
▼ + stars: | 2024-02-22 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +4 min

Called “Moon Phases,” they show 62 phases of the moon as seen from Earth, 62 phases visible from other viewpoints in space, and one lunar eclipse. Pace Verso, the NFT wing of Pace, is also offering NFTs of each sculpture, while Koons has produced larger, coinciding physical sculptures of his “Moon Phases” to remain on Earth. Koons' "Moon Phases" is visible on the lander's exterior. Intuitive Machines/APThough its arrival marks a milestone, “Moon Phases” is not the only art to touch down on the moon’s surface. But Odie has closed the chapter on a more niche space race — between Koons and the Dubai-based artist Sacha Jafri.

Persons: Odysseus, Jeff Koons, Odie, Koons, Aristotle, David Bowie, Leonardo da Vinci, Gandhi, Billie Holiday, Gabriel García Márquez, Andy Warhol, Virginia Woolf, Koons “, Pace Verso, Paul Van Hoeydonck, It’s, — Andy Warhol, Robert Rauschenberg, John Chamberlain, Claes Oldenburg, Forrest Myers, David Novros —, Sacha Jafri, Jafri, ”, Peregrine Organizations: CNN, SpaceX, Peregrine, Pace, Machines, Apollo Locations: American, Houston, Belgian, India, Japan, Dubai

☆ CNBC Pro Talks: Fund manager to reveal his favorite 'Magnificent 7' alternatives and more
▼ + stars: | 2024-02-20 | by ( ) www.cnbc.com time to read: +3 min

From major elections to inflation and recession risks, the world right now is highly unpredictable, according to Freddie Lait of Latitude Investment Management. Join CNBC's Karen Tso as she asks the fund manager how investors should navigate this uncertainty. Lait has been a managing partner at Latitude Investment Management since 2016, before which he was a fund manager at firms including Odey Asset Management and Rothschild Private Management. Join CNBC's Karen Tso as she asks the fund manager how investors should navigate this uncertainty. Join CNBC Pro Talks on Wednesday, Feb. 21, at 12 p.m. GMT / 8:00 p.m. SGT / 7 a.m.

Persons: Freddie Lait, Karen Tso, He'll, Lait, Goldman Sachs, Tesla Organizations: Latitude Investment Management, JPMorgan, Sony, BP, Odey Asset Management, Rothschild Private Management, Morningstar Locations: U.S, China

☆ Prominent Ukrainian Army Unit Launches Own Recruitment Drive to Strengthen Ranks
▼ + stars: | 2024-02-16 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +4 min

By Dan PeleschukKYIV (Reuters) - A year after the founding commander of Ukraine's Da Vinci Wolves Battalion was killed fighting Russian forces, his portrait adorns an airy new recruitment office in Kyiv casting a watchful eye over would-be members. With its military ranks wearing thin, Ukraine is struggling to overhaul mobilisation and broaden recruitment as the second anniversary of Russia's full-scale invasion approaches. For the Da Vinci Wolves, led by war hero Dmytro "Da Vinci" Kotsiubailo until his death near the eastern town of Bakhmut last March, it means relying on a well-honed public image to attract new recruits. 'THE BEST'The Da Vinci Wolves have received more than 1,000 applications and are seeking around 500 new members, Filimonov said. Candidates include Anatoliy Kvasha, 48, who said he wanted a greater say over where he ended up after facing bureaucratic headaches at his local draft office.

Persons: Dan Peleschuk, Ukraine's Da, Dmytro, Da, Kotsiubailo, Serhii Filimonov, Volodymyr Zelenskiy, Filimonov, Anatoliy Kvasha, Kvasha, Kyrychenko, Anna Voitenko, Timothy Heritage, Toby Chopra Organizations: Dan Peleschuk KYIV, Ukraine's Da Vinci Wolves Battalion, Da Vinci Wolves, Vinci Wolves, 59th Motorized Brigade, Reuters, Separate Assault Brigade, Service Locations: Kyiv, Ukraine, Bakhmut, Russian, Lviv

☆ A man is suing the maker of a surgical robot, claiming it burned and tore his wife's small intestine during surgery
▼ + stars: | 2024-02-09 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Read previewA man is suing the maker of a surgical robot, claiming it burned and tore his wife’s small intestine during surgery, ultimately resulting in her death. Sultzer underwent surgery to treat her colon cancer at Baptist Health Boca Raton Regional Hospital in September 2021, per court records. It's not the first time this has happened to a patient who underwent surgery with this robot, the plaintiff’s lawsuit said, citing SEC filings. The plaintiff's lawsuit claimed that ISI received hundreds of reports about injuries and defects related to da Vinci procedures. “ISI’s da Vinci was unreasonably dangerous for use in Mrs. Sultzer’s procedure; she was unnecessarily injured and ultimately died as a result,” the lawsuit read.

Persons: —, Harvey Sultzer, Sandra Sultzer, Sultzer, It's, “ ISI’s da Vinci Organizations: Service, Court, Southern District of Columbia, Business, NBC, Baptist Health Boca Raton Regional Hospital, SEC, Food and Drug Administration, ISI

☆ These are JPMorgan's top stocks for February
▼ + stars: | 2024-02-06 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Stocks are coming off a winning month, with the three major indexes finishing January up by more than 1%. CNBC Pro compiled 10 of the stocks on his list, including four new names: Cars.com , Insulet , Intuitive Surgical and Prologis . More than seven out of every 10 analysts rate the stock a buy, according to FactSet. The average price target implies the stock can rally more than 27% in the next 12 months. More than four out of every five analysts rate the stock a buy, with an average price target showing upside of more than 13%.

Persons: Stocks, Cars.com, Mizuho Organizations: JPMorgan, Federal Reserve, Investors, CNBC, Vertex Pharmaceuticals Locations: Dexcom

☆ Can AI carry on this fashion designer’s legacy?
▼ + stars: | 2024-02-06 | by ( Marc Bain | ) edition.cnn.com time to read: +11 min

A few years back, she began thinking about AI after working on a fashion game tied to a line she designed for Walmart. The tagged imagery is fed into the AI model to train it. “It took us about a month to get it to the right point,” said Cyril Foiret, founder and creative director of Maison Meta. Foiret said they essentially had to develop a mini AI model just for that. Last year, she contacted Maison Meta, which was creating a name for itself through projects like organizing the first AI Fashion Week with Revolve.

Persons: Norma Kamali isn’t, Norma Kamali, Lynn Karlin, ”, “, hasn’t, ” Kamali isn’t, She’s, Hillary Taymour, Julius Juul, Heliot Emil, Laverne Cox, Jennifer Lopez, Kamali, Jamie McCarthy, Helmut Lang, Ann Demeulemeester, Alice Bouleau, Bouleau, Maison Meta, Cyril Foiret, Maison, Iman, Nick Elgar, Corbis, Foiret, they’ve, it’s, ” Kamali, “ I’m, Nima Abbasi, Vivienne Westwood, Francesco Da Vinci, ” Abbasi Organizations: The, Fashion, CNN CNN —, New, Maison Meta, Penske Media, Northwest Airlines, Walmart, NBC, Sterling International, Kamali’s, Maison, Getty, Meta, Designers, CNN Locations: New York

☆ Russian billionaire loses Sotheby’s art fraud lawsuit involving ‘Salvator Mundi’
▼ + stars: | 2024-01-31 | by ( Oscar Holland | Reuters | ) edition.cnn.com time to read: +4 min

Among them was the “Salvator Mundi,” which Bouvier bought for $80 million before quickly selling it on to his then-client for $127.5 million. Speaking to CNN in 2021, Bouvier maintained that he had acted as a dealer, not an art adviser, and was thus entitled to mark up prices. The Russian billionaire lost his lawsuit against auction house Sotheby's yesterday. Jeenah Moon/Bloomberg/Getty ImagesThe case has been among the highest-profile art fraud disputes in recent years, offering a view into an often-secretive industry where wealthy buyers sometimes don’t know who they are buying from. Rybolovlev was allowed to sue over “Salvator Mundi” even though his ownership had proven unusually profitable.

Persons: oligarch Dmitry Rybolovlev, Rybolovlev, Sotheby’s, Yves Bouvier, “ Salvator Mundi, Leonardo da Vinci, Bouvier, Salvator Mundi, Dmitry Rybolovlev, Daniel Kornstein, Sotheby’s “, ” Sotheby’s, Jesse Furman, Leonardo, Gustav Klimt, Rene Magritte, Amedeo Modigliani, Furman, Pablo Picasso, Auguste Rodin, Henri de Toulouse, Lautrec, ” Organizations: CNN, Forbes, AS Monaco soccer, Bloomberg, Getty Locations: Swiss, New York, Russian, Switzerland, Singapore, Monaco, Hong Kong, Manhattan

The fertilizer titan alleged that the auction house helped a Swiss art dealer cheat him out of over $160 million by quietly imposing huge markups on works that he acquired. In private transactions, Sotheby’s sold Bouvier some works that he then resold to Rybolovlev. Well, not only of money," Rybolovlev said, through a court interpreter on the witness stand. Rybolovlev’s lawyers said Bouvier bought it from Sotheby’s for $83 million, then sold it on to the billionaire a day later for over $127 million. In 2017, Rybolovlev sold it through Christie’s for a historic $450 million and it became the most expensive painting ever sold at auction.

Persons: Sotheby’s, Leonardo, ”, Dmitry Rybolovlev's, he'd, Sotheby's, “ Today’s, Daniel Kornstein, ” Rybolovlev, Picasso, Rodin, Modigliani, Klimt, Magritte, Leonardo da Vinci, Yves Bouvier, Bouvier “, Bouvier, Rybolovlev, it’s, ” Sotheby’s, Sara Shudofsky, Vinci’s, Salvator Mundi, Jesus Christ Organizations: The New York Times Locations: U.S, York, The, Swiss, Sotheby’s

☆ Russian oligarch Dmitry Rybolovlev loses suit accusing Sotheby's of art fraud
▼ + stars: | 2024-01-30 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

Dmitry Rybolovlev, president of As Monaco Football Club SA, arrives at court in New York on Jan. 9, 2024. Russian billionaire Dmitry Rybolovlev on Tuesday lost a New York federal court lawsuit in which he had accused the Sotheby's auction house of helping an art buyer defraud the oligarch by having him grossly overpay for various pieces of art. "It knew the actual prices Bouvier paid to the sellers and the fraudulently inflated prices Bouvier induced Plaintiffs to pay to him," the suit said. At trial, Sotheby's lawyer Sara Shudofsky told jurors that Rybolovlev was "trying to make an innocent party pay for what somebody else did to him." "We are grateful to the jury for its verdict, which totally vindicates Sotheby's of any alleged misconduct," Sotheby's said.

Persons: Dmitry Rybolovlev, Rybolovlev, Yves Bouvier, Bouvier, Leonardo da Vinci, Salvator Mundi, Sara Shudofsky, Shudofsky, Sotheby's, Daniel Kornstein, Kornstein, Donald Trump Organizations: Monaco Football Club SA, New, Xitrans Finance, Associated Press, Geneva, CNBC PRO Locations: New York, U.S, Manhattan, Sotheby's, Christie's, Beach , Florida, Singapore , Hong Kong , New York, Monaco

☆ Sotheby's Defeats Russian Oligarch in Art Fraud Case
▼ + stars: | 2024-01-30 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +3 min

Daniel Kornstein, a lawyer for Rybolovlev, said the case "achieved our goal of shining a light on the lack of transparency that plagues the art market. Furman dismissed fraud-based claims over the other 11 works, including art from Pablo Picasso, Auguste Rodin and Henri de Toulouse-Lautrec. Rybolovlev was allowed to sue over "Salvator Mundi" even though his ownership had proven unusually profitable. Rybolovlev went on to sell "Salvator Mundi" at Christie's in 2017 for $450.3 million, a record price for an artwork at auction. The case is Accent Delight International Ltd et al v Sotheby's et al, U.S. District Court, Southern District of New York, No.

Persons: oligarch Dmitry Rybolovlev, Rybolovlev, Sotheby's, Yves Bouvier, Salvator Mundi, Leonardo da Vinci, Bouvier, Daniel Kornstein, Jesse Furman, Gustav Klimt, Rene Magritte, Amedeo Modigliani, Furman, Pablo Picasso, Auguste Rodin, Henri de Toulouse, Lautrec, Jonathan Stempel, Bill Berkrot Organizations: YORK, Forbes, AS Monaco soccer, Court, Southern District of Locations: Swiss, Manhattan, U.S, Christie's, Southern District, Southern District of New York, New York

PARIS (AP) — Two climate activists hurled soup Sunday at the glass protecting the “Mona Lisa” at the Louvre Museum in Paris and shouted slogans advocating for a sustainable food system. “Art, or right to a healthy and sustainable food?”“Our farming system is sick. The Louvre employees could then be seen putting black panels in front of the Mona Lisa and asking visitors to evacuate the room. Political Cartoons View All 253 ImagesParis police said that two people were arrested following the incident. They also dumped stinky agricultural waste at the gates of government offices.

Persons: Mona Lisa ”, Leonardo da, “, ”, Mona Lisa Organizations: PARIS, Louvre Museum, Paris Locations: Paris, France

☆ Climate Change Activists Aim Soup at 'Mona Lisa' in Paris Louvre
▼ + stars: | 2024-01-28 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +1 min

PARIS (Reuters) - Two climate change activists hurled soup at the protective glass in front of the world-famous "Mona Lisa" painting in Paris' Louvre museum on Sunday. Video footage showed two women flinging red soup at Leonard da Vinci's masterpiece, to gasps from onlookers. They had ducked under a security barrier to get as close as they could to the painting and were led away by Louvre security guards. In recent years, many activists have targeted art to raise awareness about climate change. The glass in front of the "Mona Lisa" was smothered in cream in a protest in May 2022.

Persons: Mona Lisa, Leonard da, Vincent Van, Goya, Sudip Kar, Gupta, Manuel Ausloos, Barbara Lewis Organizations: PARIS Locations: Paris, Madrid's Prado

☆ Mona Lisa splattered in soup at Louvre Museum in Paris by food protesters
▼ + stars: | 2024-01-28 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

Read previewTwo food protesters hurled soup at the world-famous Mona Lisa painting in the Paris Louvre Museum on Sunday. @CLPRESSFR pic.twitter.com/Aa7gavRRc4 — CLPRESS / Agence de presse (@CLPRESSFR) January 28, 2024The soup splattered onto the protective casing covering the painting. In 2022, a similar protest at the UK's National Gallery faced backlash when anti-oil protesters threw a can of tomato soup onto Van Gogh's "Sunflowers." AdvertisementThe Mona Lisa has been the target of other acts of protest and vandalism. In 1974, while it was being exhibited in Tokyo, a woman sprayed the Mona Lisa with red paint, the New York Times reported.

Persons: —, Mona Lisa, Leonardo da, @CLPRESSFR, museumgoers Organizations: Service, Paris Louvre Museum, Business, Agence de presse, New York Times Locations: Paris, Tokyo

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