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Rich Paul attends a basketball game between the National Basketball Association's Los Angeles Lakers and the Boston Celtics at Staples Center in Los Angeles on Feb. 23, 2020. He will work closely with Robinhood CEO Vlad Tenev to identify new partnership opportunities in the sports and entrepreneurship space. Paul, who founded Klutch in 2012, represents some of the biggest names in sports, including James. "When you think about what Robinhood represents, it represents access and entrepreneurship." Correction: Rich Paul is joining Robinhood as a strategic advisor.
Persons: Rich Paul, Robinhood, LeBron James, Rich Paul's, Paul, Vlad Tenev, Tenev, Rich, James, Klutch, Draymond, Trae Young, A'ja Wilson —, Klutch —, Ben Baller, brokerages Organizations: National Basketball, Los Angeles Lakers, Boston Celtics, Staples Center, Klutch Sport Group, CNBC, Klutch Sports, Klutch, United Talent Agency, Washington Wizards, Washington D.C, NBA, Robinhood, CNBC PRO Locations: Los Angeles, Robinhood, Washington, Metro, Akron
LOS ANGELES (AP) — Victoria Monét and Coco Jones brought smooth R&B and studied choreography, Noah Kahan and Gracie Abrams — friends up for the same Grammy — dueted their introspective folk, and Jelly Roll brought out Lainey Wilson. Ice Spice performed her new single from her forthcoming debut LP “Y2K.”Those artists — save for Wilson — make up the bulk of the 2024 Grammys ' best new artist nominees and were the headliners of Spotify's annual pre-Grammy party, held Thursday at Paramount Studios. While the lineup leaned heavy on those competing for the coveted best new artist Grammy Award, nominee Fred Again... did not perform. Noah Kahan emerged shortly after, like the most charismatic guy at your local open mic. “I'm Noah Kahan and we are Mumford and Sons,” he introduced his folky band — with the second banjo of the night.
Persons: Victoria Monét, Coco Jones, Noah Kahan, Gracie Abrams, , Jelly Roll, Lainey Wilson, Spice, Wilson —, Fred Again, Diplo, Ross Lynch, Michael Trotter Jr, Coco Jones —, , , Victoria Monét —, “ I'm Noah Kahan, Mumford, — Abrams Organizations: ANGELES, Paramount Studios, Treaty, Locations: New York City
The Growing Pains of Modern Spectacle
  + stars: | 2024-01-16 | by ( Walker Mimms | ) www.nytimes.com   time to read: +1 min
As visual storytelling presses toward new technological heights, it is worth recalling that some of the oldest and richest tactics of illusion — from the proscenium arches of the Renaissance to the lintels and lightboxes of Robert Wilson — originated onstage. Over the past 20 years, many spatially encompassing and conceptually driven sets have come from the British artist Es Devlin, a stage designer for Adele, The Weeknd and for U2, at the maiden show of The Sphere, Las Vegas’s new 160,000-square-foot dome of LED screen. When no concert screen could impress enough last year, Devlin’s billboard-sized one for Beyoncé delivered like some fulfillment from “2001: A Space Odyssey.” Recessed into the screen’s center, an enormous disc housed strategic elements from the singer’s three-hour video — disco balls, a womb of amniotic fluid, a fembot’s birth canal. Before this ever-changing aperture, Beyoncé emerged between her costume changes, like Christ from the tomb.
Persons: Robert Wilson —, Es Devlin, Adele, Beyoncé Locations: British
Tim Boyle will be the New York Jets’ starting quarterback against the Miami Dolphins on Friday, two people familiar with the decision told The Associated Press. Wilson and the Jets’ offense have struggled mightily this season, and coach Robert Saleh pulled the 2021 No. New York went 0 for 11 on third down, but went 4 for 5 on fourth down against Buffalo. The Jets scored their first touchdown on offense since Oct. 29 on their only trip inside the Bills 20 on Sunday. Boyle was signed by Chicago off Detroit’s practice squad in November 2022 and spent the rest of the season with the Bears.
Persons: Tim Boyle, Boyle, Zach Wilson, Aaron Rodgers, Achilles, hasn't, Wilson, Robert Saleh, Wilson —, ” Wilson, Michael Carter, Jeremy Ruckert, Israel Abanikanda, Xavier Gipson, Jason Brownlee, Nathaniel Hackett, Rodgers, Trevor Siemian, Tim, ” Saleh, , ___ Organizations: New York Jets, Miami Dolphins, Associated Press, NFL, Detroit Lions, NFL Network, Jets, Buffalo, AFC East, Dolphins, Black, Israel, New York, The Jets, Detroit, Lions, Chicago, Bears Locations: New York, New, Eastern Kentucky, Green Bay
Getting a second chance after missing wide right from 41 yards thanks to Buffalo being flagged for too many players, Lutz connected on a 36-yard field goal attempt as time expired to secure a 24-22 win over the sloppy, turnover-prone Bills on Monday night. The Broncos (4-5) have won three straight and four of six since a 70-20 loss at Miami. Lutz made four field goals and Javonte Williams scored on a 3-yard run. Allen’s second interception came in the final minute of the first half, and on the first play from scrimmage after Lutz hit a 49-yard field goal to put Denver up 12-8. Allen fluttered a pass up the left sideline that was easily intercepted by Fabian Moreau, which led to Lutz making a 40-yard field goal to close the half.
Persons: Wil Lutz, Lutz, , , Russell Wilson, Josh Allen, Ken Dorsey’s, Sean McDermott, Dorsey, ” McDermott, ” Lutz, Riley Dixon, Javonte Williams, Allen scampered, Wilson, Wilson —, Jerry Jeudy, Taron Johnson, Johnson, Courtland Sutton, I’m, Justin Simmons, “ You’re, it’s, ” Allen, Dalton Kincaid, Buffalo’s, Denver’s Ja’Quan McMillan, James Cook, Allen, Gabe Davis, Simmons, Allen’s, Allen fluttered, Fabian Moreau, ___ Organizations: — Broncos, Broncos, Miami, Kansas City, AFC West, Chiefs, Bills, AFC East, Buffalo, Buffalo’s, Denver, NEXT, Minnesota Vikings, New York Jets, ___ AP NFL Locations: ORCHARD, Denver, Buffalo
CNBC Daily Open: Markets’ bounce may be short-lived
  + stars: | 2023-10-31 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +4 min
This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. But Goldman Sachs' chief equity strategist thinks such negative sentiment gives rise to a "buying opportunity," especially for a certain type of stock that boasts a healthy balance sheet . But not for Tesla Tesla shares sank nearly 5% after Panasonic said it was reducing production of electric batteries because of flagging demand for Tesla's vehicles. The spread in opinions may make the picture ahead murky, but, ironically, it does make one thing clear: markets are increasingly volatile.
Persons: Goldman Sachs, Joe Biden, Tesla, Elon Musk, Europe's, Fundstrat's Tom Lee, Lee, Hogan, Ari Wald, Oppenheimer, Wald, Morgan Stanley, Mike Wilson, Wilson —, Organizations: New York Stock Exchange, CNBC, Consumers, U.S, Panasonic, Dow, Industrial, Dow Jones Industrial, Nasdaq, Technology, Amazon, Microsoft, Meta, Riley, Federal Reserve, Lower Treasury Locations: New York City, Lower
Las Vegas did it without starters Chelsea Gray and Kiah Stokes, who were both sidelined with foot injuries suffered in Game 3. Las Vegas was also still missing veteran Candace Parker, who had foot surgery in late July. The Aces got the ball to Wilson on a lob, but Breanna Stewart blocked the shot, giving New York one last chance. After a timeout with 8.8 seconds left, the Liberty got the ball to Stewart, who was double-teamed. The first three games of the WNBA Finals were also routs, with New York winning Game 3 87-73 to stave off elimination.
Persons: A'ja Wilson, Chelsea Gray, Kiah Stokes, Gray, Candace Parker, “ We’ve, Alysha Clark, ” Wilson, Jackie Young, Courtney Vandersloot, York's, Kelsey Plum, Sabrina Ionescu's, Becky Hammon, Wilson, Breanna Stewart, Stewart, , we’ve, Sandy Brondello, ” Vandersloot, Betnijah Laney, Hammon, , ” Stewart, ” Hammon, Clark, Cayla George, Stokes, George, Ionescu, Sue Bird, Dawn Staley, Wilson —, Vickie Johnson, Sue Wicks, Jennifer Connelly, Issa Rae, Jason Sudeikis, ___ Organizations: Las Vegas Aces, New York Liberty, The Aces, Los Angeles Sparks, Houston Comets, Las Vegas, Aces, New York, Liberty, , Seattle Storm, New, WNBA Locations: Vegas, New, midcourt, New York, South Carolina
FLORHAM PARK, N.J. (AP) — Zach Wilson was in the middle of the locker room Thursday talking about taking over for the injured Aaron Rodgers when a teammate shouted and made the New York Jets quarterback grin. Wilson struggled mightily during his first two NFL seasons and his confidence took a massive hit, and so did his popularity in the locker room. The way he’s carrying himself around the locker room, around the building is awesome.”Wilson feels it in himself, too. Many Jets fans remain skeptical Wilson has made significant enough progress to step in for a team that had Super Bowl hopes with Rodgers. The Jets want Wilson to play free, knowing the team is his — again — and he doesn't need to look over his shoulder.
Persons: — Zach Wilson, Aaron Rodgers, “ Zach, bro, Wilson, mightily, Rodgers, Zach, , ” Wilson, , , Nathaniel Hackett, Jeff Ulbrich, ” Ulbrich, they're, Connor McGovern, You’ve, he’s, they’ve, I’ve, Hackett, Robert Saleh, it’s, I've, ” Hackett, “ There’s, There’s, Saleh, Tim Boyle, you’re Organizations: New York Jets, NFL, Jets, New York, Buffalo, Rodgers, Bills, Cowboys Locations: FLORHAM, N.J, New, Zach, , Dallas
Hartnett says S&P 500 EPS will fall by 16% in 2023, compared to the market's view of -4%. Some argue that stocks have already priced in a recession, having fallen 20% in 2022 (though the S&P 500 has rallied 8% year-to-date). He continued: "Plenty of room for more S&P 500 downside…since 1929, 2/3 of the S&P 500 peak-to-trough drawdowns have occurred during, not before, US recessions." So whether we have an economic recession or not it isn't as important as the earnings recession," he said. Most strategists see a more mild decline in store for stocks, and most — including Wilson — see the S&P 500 finishing the year somewhere near 4,000.
Michael Burgess — the Texas congressman endorsed Trump in March after being named to the former president's campaign's Texas leadership team. Eli Crane — the Arizona freshman tweeted his support for Trump's 2024 bid the night of his announcement. Barry Moore — the Alabama congressman endorsed Trump in a radio interview in December, citing the former president's "experience level." 3 House Republican endorsed Trump days before his widely expected 2024 announcement in November. Roger Williams — the Texas congressman endorsed Trump in March after being named to the former president's campaign's Texas leadership team.
Stocks slid, with the Dow Jones Industrial Average posting its fifth straight day of declines on Monday, while the 2-year Treasury yield tumbled . The screen threw up a mix of health care, consumer, utility and even some financial stocks. Canadian financial services firm Fairfax Financial Holdings and Japanese natural gas provider Tokyo Gas got among the highest expected earnings growth for this year – at more than 150% each. British bank HSBC also made it to the list, with nearly 50% expected earnings growth and 23% average upside. Italian luxury sports car maker Ferrari made the screen, with 21% expected earnings growth and around 20% upside.
Societe Generale's Albert Edwards warns stock valuations are at 'nosebleed' levels. Historically, when yields are low, higher stock valuations are accepted as investors seek yield. But currently high yields in the Treasury market mean stock valuations, on a historical basis, should be lower. Societe GeneraleEdwards said the drop in long-term growth expectations could be assigned to a deteriorating outlook for tech stocks. Societe Generale"An expensive US CAPE ratio has long been justified by the US market's far higher weighting in tech," he said.
Forward earnings growth is now negative, Morgan Stanley's Mike Wilson points out. In a February 6 note to clients, Morgan Stanley's Chief US Equity Strategist Mike Wilson reiterated his call that the S&P 500 hasn't seen a bottom yet. Wilson highlights this pattern in the chart below, showing forward EPS growth (yellow line) alongside S&P 500 price action (blue line). "History shows price downside is in front of us, not behind us," the chart's title reads. Morgan StanleyWilson said in December that he sees the S&P 500 bottoming between 3,000-3,300 in the first quarter before recovering to 3,900 later this year.
He also thinks earnings expectations are too high and will come down. This hawkish policy will eventually lead to a recession this year, Bierman said, a view that is shared by many on Wall Street. "The market has not priced in earnings misses, the market has priced in earnings beats," he said. Bierman's views in contextBierman's recession call has become a somewhat consensus view on Wall Street. RIA AdvisorsThis translates to lackluster expectations for stocks among Wall Street strategists.
WASHINGTON — Federal prosecutors rested their case against Oath Keepers founder Stewart Rhodes and four other members of the far-right organization on Wednesday without calling three cooperating defendants who pleaded guilty to seditious conspiracy. But the government did not call for three members of the group who pleaded guilty to seditious conspiracy — Joshua James, Brian Ulrich and William Todd Wilson — before resting their case. Stewart Rhodes, founder of the Oath Keepers, speaks during a rally outside the White House in Washington on Jun. Susan Walsh / AP fileProsecutors may have decided that presenting any of the three defendants who pleaded guilty to seditious conspiracy would be too much of a risk on cross examination. Prosecutors also can't explicitly argue that because a witness pleaded guilty to seditious conspiracy that the defendants are guilty of the same charge, which limits the value of their testimony.
Cummings told the jury the stash of guns in that room rivaled what he saw in the military. Cummings told the jury he kept the gun in a collective Oath Keepers' weapons stash at a Virginia hotel room instead of bringing it into DC. Prosecutors say the gun stash was part of the Oath Keepers' plan to arm a "quick reaction force," per NBC News. Several other Oath Keepers — including Brian Ulrich, Joshua James, and William Todd Wilson — have pleaded guilty to seditious conspiracy. The Oath Keepers initially branded its members as defenders of the Constitution.
“Escorted!”The man escorting them, with the bullhorn in the Eddie Bauer jacket, was a member of the far-right Oath Keepers organization. Three other Oath Keepers — Joshua James, Brian Ulrich and William Todd Wilson — have already pleaded guilty to seditious conspiracy. Johnson wasn’t aware that Nichols was an Oath Keeper, nor of who the Oath Keepers were, his lawyer said. ‘They’re being scapegoated’The Oath Keepers charged in the seditious conspiracy, according to the government’s evidence, came prepared on Jan. 6. The judge overseeing the Oath Keepers case said that the evidence can be introduced only if the defendants witnessed it directly.
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