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Shares of Palo Alto plunged 28% on Feb. 21, a session after the company delivered a more cautious outlook for the rest of 2024. The shift in business strategy requires Palo Alto to give customers its new services and products for free to demonstrate their many benefits. PANW YTD mountain Palo Alto Networks (PANW) year-to-date performance 2. The Club is focused on how much industry spend is going to Palo Alto versus competitors, but we're not concerned about demand for the company's offerings. In this photo illustration the Palo Alto Networks logo seen displayed on a smartphone and on the background.
Persons: Morgan Stanley, Sellers, Nikesh Arora, Palo, We'd, it's, PANW, Arora, Jim Cramer, We've, nudging, Stephen Vintz, we're, Jim, Jim Cramer's, Rafael Henrique Organizations: Palo Alto Networks, Wall Street, Palo, Tech, Barclays, Palo Alto, billings, Wall, Alto Networks, UnitedHealth Group, Change, Healthcare, Club, Microsoft, Vans, Corp, Caesars Entertainment, Securities, Exchange, US Fed, CNBC, Networks, Getty Locations: Palo Alto, U.S, Palo, billings, Palo Alto's, Alto
Consumer sentiment slumped as inflation expectations rose, despite otherwise strong signals in the economy, according to a closely watched survey released Friday. The University of Michigan Survey of Consumers sentiment index for May posted an initial reading of 67.4 for the month, down from 77.2 in April and well off the Dow Jones consensus call for 76. Along with the downbeat sentiment measure, the outlook for inflation across the one- and five-year horizons increased. The inflation readings represent the biggest pitfall for policymakers as the Federal Reserve contemplates the near-term path of monetary policy. The next important data point for inflation comes Wednesday when the Labor Department releases its consumer price index report for April.
Persons: Dow Jones, Joanne Hsu, Paul Ashworth, Jeffrey Roach, it's, Jerome Powell Organizations: The University of Michigan Survey, Dow, North, Capital Economics, Federal Reserve, LPL, Fed, Labor Department Locations: North America, Michigan
Rich baby boomers jumped in with all-cash offers, and sellers scored huge windfalls as weary buyers pushed prices to new heights. After all, people have to move for a wide variety of life reasons; mortgage rates be damned. "The further and further we get from the peak of the market," Peterson told me, "the harder it is to deny what's happened." Mortgage rates haven't fallen — in fact, they've gone up about 0.6 percentage points since the start of the year. "It can always be tricky telling somebody that they were just lucky because it makes you sound envious," Peterson told me.
Persons: Rich, Sellers, Eric Peterson, Peterson, Austin, Freddie, they've, Selma Hepp, Freddie Mac, Mike Simonsen, Redfin, towners, Libby Levinson, Katz, Price, Levinson, John Burns, they'll, Realtor.com, you'd Organizations: Freddie Mac, Reserve, Federal Housing Finance Agency, Altos Research, Sun, John, John Burns Research, Consulting Locations: Austin, Boise , Idaho, Denver
After graduating from Wellesley College, majoring in Chinese studies and economics, I worked at a couple of finance jobs before being poached by Goldman Sachs in Hong Kong. At Goldman Sachs, I made over $376,000 annually. I quit Goldman Sachs in 1999 and moved back home to the Bay Area, where I became lonely and incredibly sad. After about three months of traveling back and forth, I quit Goldman Sachs. Was it worth it to leave Goldman Sachs?
Persons: , Cassindy Chao, It's, Goldman Sachs, I'd, Fred, Jackie Chan, we've, We'd, Chao, Cecilia, Chao I'm, I've Organizations: Service, Wellesley College, Business, Goldman, Ivy League Locations: Oakland , California, Hong Kong, Thailand, Japan, Vietnam, Bay, California
Read on to find out why Business Insider reviewers love this piece, and how it earned a spot in our guide to the best nonstick pans. Shop at Amazon Shop at Made In What we like Check mark icon A check mark. The nonstick pan is available in 8-, 10-, and 12-inch sizes, as well as a set of all three. Though we always recommend hand washing nonstick pans, we did put this one through the dishwasher and didn't notice any change in the surface. We tested 21 skillets to find the best nonstick pans, and Made In earned a spot as our top high-end pick.
Persons: it's, Read, Lily Alig, Nonstick Fry, Le Creuset, We've Organizations: Business, Shop, FDA, Le
For the full year, the overall sales growth rate was reiterated at 2% to 4% as was the organic growth target of 4% to 5%. On the call, Schulten said growth across categories continues to be broad-based with 8 of 10 product categories holding or growing organic sales in this quarter. In North America, organic sales rose 3% on the back of a 3% increase in volume. In Europe, focus markets rose 7% on the back of a 4% increase in volume, and in Latin America, organic sales were up 17% versus the year-ago period. Weakness continued in Greater China, with organic sales declining 10%.
Persons: Dow, Andre Schulten, Schulten, Jim Cramer's, Jim Cramer, Jim, Pantene, Justin Sullivan Organizations: Procter, Gamble, Procter & Gamble, Colgate, Palmolive, Unilever, Management, CNBC Locations: United States, American, North America, Europe, Latin America, Greater China, China, San Anselmo , California
Instagram to crack down on teen sextortion
  + stars: | 2024-04-11 | by ( Samantha Murphy Kelly | ) edition.cnn.com   time to read: +4 min
The company announced on Thursday it is testing new features to curb an alarming trend called financial sextortion, which often targets kids and teenagers. Once the nude images are sent, the scammers claim they’ll post them online, either on public websites or on newsfeeds where their friends will see, unless the victims send money or gift cards. In the upcoming weeks and among a subset of users, Instagram said it will roll out various new features, such as blurring nude images sent in direct messages and informing users when they’ve interacted with someone who engaged in financial sextortion. But the FBI recently said it has seen an increase in financial sextortion cases from strangers, often started by scammers overseas. Meta said it is also working on ways to identify accounts that may be engaging in sextortion scams by detecting and monitoring likely sextortion behavior.
Persons: Instagram, they’ve, ” Antigone Davis, “ It’s, sextortion, Meta, Meta Meta, ” Davis, , Organizations: CNN, FBI, National Center for, Meta, Tech Coalition
The full-blown mania in artificial intelligence is bringing tech workers and startups back to San Francisco. Last June, the startup accelerator moved its headquarters from Mountain View into its new digs at the Pier 70 shipyard. Y Combinator partners record an episode of the Lightcone podcast in a production studio complete with professional cameras and lighting fixtures. Y CombinatorRemoving 'friction'For 17 years, Y Combinator set its base in Mountain View. The new San Francisco outpost was born from a desire to get founders in person again post-pandemic.
Persons: , Jared Friedman, hasn't, Y Combinator Friedman, Y, Friedman, Carlos Avila Gonzalez, Bart, Lindsay Amos Organizations: Service, Volkswagen, Business, Chase, San, Rail, San Francisco Chronicle, Bay Area, YC Locations: San Francisco, Mountain View, San, bayside, View, Mission Bay, Bay, North Beach
They don't replace the tech giants — they just get bought by the tech giants. A new paper by two leading scholars suggests that these days, Big Tech doesn't have to resort to buyouts to crush aspiring startups. At this point, Big Tech looks at promising startups the way evil alien empires in science fiction look at helpless planets. The data that Big Tech shares — or doesn't share — can play an instrumental role in shaping a startup's work. Finally, the big companies use their clout on Capitol Hill in an effort to impose stricter regulations on the startups they're ostensibly trying to help.
Persons: that's, That's, Joe Biden, Mark Lemley, Matt Wansley, they're, Wansley, Who, Lemley, Sam Altman, Satya Nadella, Barbara Ortutay, Florian Ederer, Elon Musk, OpenAI, Marc Andreessen, watchdogs, Ederer, Anthropic, Adam Rogers Organizations: Apple, Meta, Microsoft, Federal Trade Commission, Justice Department, Big Tech, Stanford University, Cardozo School of Law, Google, Facebook, Star, Yale, London Business School, Tech, Boston University, titans, IBM, Dells, Business Locations: Silicon Valley,
When Richard Serra died yesterday, I flashed back nearly 30 years to a morning at the Metropolitan Museum of Art, looking with him and with his wife, the German-born art historian Clara Weyergraf, at Jackson Pollock’s splash and drip painting from 1950, “Autumn Rhythm.”We had decided to meet as soon as the museum opened, when the gallery, at the far end of the Met, would still be empty. Taking in the painting, Serra had the air of a caged lion, pacing back and forth, moving away, to see it whole, then back in to inspect some detail. “We evaluate artists by how much they are able to rid themselves of convention, to change history,” he said. For him, art was all or nothing. Of course he wasn’t alone in his thinking among American artists of his generation, the offspring of postwar American power and arrogance, of titans like Pollock.
Persons: Richard Serra, Clara Weyergraf, Jackson, Serra, , Pollock Organizations: Metropolitan Museum of Art Locations: German
CNN —A Women’s Super League (WSL) clash between Chelsea and Arsenal on Friday was delayed by half an hour after the Gunners were forced to change their socks because they were the same color as those worn by Chelsea. Arsenal, as the away team, was eventually forced to source black socks from Chelsea’s merchandise store and cover the branding with tape. Once the game began, Chelsea consolidated its spot as the league leader with a 3-1 victory over third-placed Arsenal in front of the Blues’ biggest ever crowd at Stamford Bridge for a women’s soccer game. Chelsea eventually won 3-1 to edge ahead in the Women's Super League title race. Chelsea manager Emma Hayes praised her team’s dominant performance afterwards but told broadcaster Sky Sports that she was “gutted” for Arsenal’s kit man.
Persons: Justin Setterfield, Jonas Eidevall, Lauren James, Manuela Zinsberger, parry, Sjoeke Nüsken, Nüsken, Johanna Rytting Kaneryd’s, Alex Burstow, Emma Hayes, , , Hayes Organizations: CNN, League, Chelsea, Arsenal, Gunners, Blues ’, Stamford, Sky Sports, , Arsenal FC, Getty Locations:
Ariana Grande's new album "Eternal Sunshine" ends with a personal ballad called "Ordinary Things." AdvertisementIf Ariana Grande's new album "Eternal Sunshine" has a moral, it won't be found on the club-ready lead single "Yes, and?" It's the most intimate moment on Grande's seventh album, "Eternal Sunshine," released Friday, and it all came together with the help of Nick Lee. Lee, who is credited as a coproducer on "Ordinary Things," made the song's original beat with his friend Luka Kloser. "Intro (End of the World)" and "Ordinary Things" frame the album as a sacred quest to find peace and romantic clarity.
Persons: Ariana Grande's, Nick Lee, Lee, , Grande, Marjorie Grande, nudging, he'd, Luka Kloser, Max Martin, it's, Kloser, Martin, Shintaro Yasuda, Aaron Paris, Nonna, Lee wasn't, that's Organizations: Grande, Service, Business, Spotify Locations: New York City, Los Angeles
I ended up loading all the luggage I had – and he had a bunch of boxes,” Butler said of Nauta. But I also have a bad feeling that what I’m saying is getting him into trouble,” Butler told CNN. Given his long history at Trump’s club, Butler shed light on potentially critical instances related to the disclosure of classified information. De Oliveira hung up the phone, happily, and told Butler that Trump would provide him an attorney, Butler says. I think we went to sit down,” Butler told CNN.
Persons: Kaitlan Collins, CNN —, Donald Trump’s, Brian Butler, , Jack Smith, Butler, Trump, Walt Nauta, Carlos De Oliveira, Lago, Donald Trump, CNN Butler, Nauta, De Oliveira, didn’t, , ” Butler, Department’s, he’s, John Irving, Florida Butler, MAGA, Trump’s, , I’m, De Oliveria, Brian Butler's, Jeffrey Sloman, De Oliveira nudging, Anthony Pratt, Pratt, there’s, There’s De Oliveira, Melania Trump, putts De Oliveira, Taylor Swift, De, “ Carlos, pats, Butler “, Carlos, ‘ He’s, ’ ” Butler Organizations: CNN, “ Trump, Trump, Mar, Justice Department, West Palm Beach, Palm Beach, CNN The Florida, FBI, Southern, Southern District of, Smith’s, Prosecutors Locations: Mar, Palm Beach , Florida, Trump, New Jersey, Nauta, Palm Beach, Lago, West Palm, Florida, Palm, South Florida, Southern District, Southern District of Florida, Russian, Butler
“Seeing as how President Trump endorsed Mike Bost, Matt always finds himself on the wrong side of history,” Miller told CNN. After the GOP leadership’s candidate, Craig Riedel, was caught on tape criticizing Trump, multiple Republicans pulled their endorsement, including Miller and House GOP Conference Chairwoman Elise Stefanik. And now, Miller is inserting herself into another incumbent primary race in Illinois: She also is backing Bailey over Bost, her House GOP colleague. But this time, Miller and Gaetz are on the opposite side of Trump in the race. “Darren Bailey proudly stands with President Trump despite disagreeing with him on this endorsement,” a campaign spokesman said.
Persons: Donald Trump’s, Manu Raju ’, Mike Johnson, Donald Trump, Matt Gaetz, Johnson, Trump, Mike Bost, MAGA, Darren Bailey, Richard Hudson of, Max Miller, Bost, , Kevin McCarthy, Matt, ” Miller, , ” Darren Bailey, Terrence Antonio James, Tom Williams, Gaetz, Miller, Bailey, ” Gaetz, “ I’ve, he’s, Gaetz “, ” Bost, He’s, , Sen, Steve Daines, Republican leadership’s, Matt Rosendale, Craig Riedel, Elise Stefanik, Derek Merrin, Merrin, Byron Donalds of, JD Vance, Marcy Kaptur, Mary Miller of, Caucus hardliner, Rodney Davis, Davis, Bailey’s MAGA, Mike, ” Davis, that’s, it’s, “ Darren Bailey, Gaetz Gaetz, McCarthy, Carlos Gimenez, Don Bacon, I’ve, don’t, Reagan, shrugged, Sam Fossum, Morgan Rimmer, Christine Park Organizations: Republican, Rep, Republicans, Mar, Lago, Trump, Ohio, GOP, Florida Republican, CNN, Chicago Tribune, Getty, Capitol, Bost, Caucus, Air Force, Senate, Congressional, Democratic, House GOP, House Republican Conference, Getty Images Party, Republican JR Majewski, Street Caucus, , Nebraska Republican Locations: Illinois, Richard Hudson of North Carolina, Johnson, Hudson, Florida, Springfield , Illinois, Herrin , Illinois, McCarthy, Ukraine, Montana, House, Ohio’s, Ohio, Byron Donalds of Florida, Mary Miller of Illinois
CNN —Brahim Díaz scored a sensational goal on Tuesday to earn an injury-plagued Real Madrid a 1-0 win and the advantage in its Champions League last-16 tie against RB Leipzig. After the host had kept the 14-time European champion at bay in the first half, Díaz broke the deadlock in the 48th minute. He scored a spectacular goal, it was incredible,” Carlo Ancelotti told reporters, speaking about Díaz’s performance. Madrid goalkeeper steps upIn truth, a depleted Los Blancos looked far short of their fluent best and can thank its third-choice goalkeeper Andriy Lunin for helping win the match. Elsewhere in the Champions League, reigning champion Manchester City beat FC Copenhagen 3-1 in the first leg of its last-16 tie.
Persons: Brahim Díaz, Díaz, Jude Bellingham, ” Carlo Ancelotti, Alexander Hassenstein, Bellingham, Antonio Rüdiger, ” Bellingham, Andriy Lunin, Amadou Haidara’s, Andriy, Lunin, Benjamin Šeško’s, Šeško, Benjamin Henrichs, , Santiago Bernabéu, Kevin De Bruyne Organizations: CNN, Real Madrid, Champions League, RB Leipzig, Santiago, Italian, AC Milan, Twitter, Madrid, Reuters, , League, Manchester City, FC Copenhagen, English Premier League Locations: Madrid, Leipzig, Ukrainian, ” Leipzig, Belgian
Nvidia’s market capitalization rose to $1.83 trillion on Wednesday, nudging past Alphabet’s $1.82 trillion market cap. Shares of the Santa Clara-based chipmaker rose 2.5% to $739 a share, while Alphabet shares ended the session at $145.94. Earlier this week, Nvidia surpassed Amazon, closing with a higher market cap on Tuesday for the first time since 2002. Nvidia has been the biggest beneficiary of the AI mania dominating Wall Street. Most of the Magnificent Seven, the group of tech stocks that have led the bull market, have continued to race even higher this year with Nvidia leading the pack.
Persons: , Dave Sekera, , Jensen Huang, There’s, ” Huang, ” CNN’s Gayle Harrington Organizations: New, New York CNN, Nvidia, Amazon, Big Tech, Morningstar, CNN, World Locations: New York, Santa Clara, Dubai
When A.I. Bridged a Language Gap, They Fell in Love
  + stars: | 2024-02-09 | by ( Amanda Florian | ) www.nytimes.com   time to read: +1 min
He also foresaw one minor issue: Mr. Romero didn’t speak Spanish, Ms. Ochoa’s native language. “I felt it was nice without all the useless chatter,” Mr. Romero, 45, said. But later that month, Mr. Romero realized there might be an even easier way to communicate. At work, Mr. Romero uses an app called Captions to create videos and answer questions for clients. He recalled his friend nudging him to test the app on Ms. Ochoa, saying, “Dude, you got a translation button.
Persons: LeRoy Romero, Brenda Ochoa, Romero, Ochoa, Romero didn’t, margarita, Mr, , nudging, Organizations: Google Locations: Peoria, Ariz, Mexicali, Mexico
Business at GE Healthcare Technologies capped off 2023 on a strong note despite ongoing concerns about China. The quarterly earnings result from GE Healthcare on Tuesday is the best of both worlds. Quarterly commentary In addition to the mid-single-digit organic revenue growth, total company orders increased by 3%. The continued divergence in orders between the two companies suggests GE HealthCare is taking market share in the industry. A GE Healthcare Ltd. BioProcess machine stands on display during the International Pharmaceutical Expo (Interphex) in New York.
Persons: Eli Lilly, GEHC, It's, Jim Cramer, Philips, we're, GEHC's, We're, Jim Cramer's, Jim Organizations: GE Healthcare Technologies, The, Starbucks, GE Healthcare, General Electric, GE HealthCare, Management, JPMorgan Healthcare, Federal Reserve, CNBC, GE Healthcare Ltd, International Pharmaceutical, Bloomberg, Getty Locations: China, ultrasounds, MRIs, New York
DHR 1Y mountain Danaher 1 year Shares of Danaher rose as much as 5% to a 52-week high of $245.40 each. Core sales, not shown on the table, were down 22.5%. Core sales were down 4% year over year as strength from academic and life science research customers was more than offset by weakness from pharma and biopharma customers. Core sales fell about the same as strength in clinical diagnostics, driven by Beckman Coulter Diagnostics was more than offset by lower respiratory revenue at Cepheid. In this photo illustration, Danaher Corporation logo is seen displayed on a smartphone and PC screen.
Persons: we've, Danaher, Beckman Coulter, Jim Cramer's, Jim Cramer, Jim, Pavlo Gonchar Organizations: Revenue, LSEG, JPMorgan Healthcare, Sciences, Diagnostics, Biotechnology, Management, pharma, Beckman Coulter Diagnostics, CNBC, Getty Locations: Danaher, China, Biotechnology, North America, Europe, Asia, Pacific, Cepheid
If you're like most people, you may not have an emergency savings fund. It's not necessarily our fault, experts say, as our brains are programmed to focus on our needs today. He and other financial advisors typically recommend having at least three to six months' living expenses set aside in case of an abrupt change in income or unexpected event. At that point, it doesn't feel like as much of a stretch to set aside 20% of your income toward retirement and 5% toward an emergency fund. Financial advisors often see this barrier to savings with their clients and have their own tactics for nudging clients to set aside more cash and free up flexibility in their budgets.
Persons: It's, We're, Brad Klontz, CNBC.com, Klontz Organizations: Finance, CNBC FA
It said China plans to tap offshore funds held by Chinese state-owned enterprises and also local funds. Elsewhere in Asia, South Korea's Kospi rose 0.6% to 2,478.61 and Australia's S&P/ASX 200 added 0.5% to 7,514.90. ADM also said it expects to report profit for the full year of 2023 that’s below what analysts were forecasting. That in turn has relaxed the pressure considerably on the stock market and helped it to rip higher. In other trading, U.S. benchmark crude oil rose 9 cents to $74.85 per barrel in electronic trading on the New York Mercantile Exchange.
Persons: Seng, Tan Boon Heng, , ” Tan, Sunoco, Archer Daniels Midland, Tesla Organizations: Bloomberg, Mizuho Bank, Nikkei, Bank of Japan, U.S ., Dow Jones, Nasdaq, Technologies, NuStar Energy, ADM, American Airlines, Intel, Procter, Gamble, Federal Reserve, Treasury, New York Mercantile Exchange, Brent Locations: BANGKOK, Asia, Hong Kong, Shanghai, Beijing, China, South, U.S
What weight tells us about our health
  + stars: | 2024-01-17 | by ( Dr. Sanjay Gupta | ) edition.cnn.com   time to read: +12 min
(CNN) — If you’ve been paying attention to health news recently, you may have noticed a subtle but real shift in the way society discusses body weight. Beyond health care dollarsDespite changing attitudes about larger bodies, excess weight does carry a price. From a health care standpoint, it costs the country a lot of money. According to a study published in the journal The Lancet in 2020, 27% of total health care expenditures in 2016 — about $730.4 billion — could be attributed to “modifiable risk factors” for preventable health conditions like cardiovascular disease. That was eight years ago, when our total health care expenditure was $2.7 trillion, according to the study.
Persons: you’ve, We’re, Dr, Fatima Cody Stanford, , They’re, Adolphe Quetelet, Ancel Keys, , ” Stanford, Morgan, That’s, we’ll, Daniel Lieberman, who’ll, Oprah Organizations: CNN, American Medical Association, Massachusetts General Hospital, Harvard Medical School, National, bloodwork, Harvard Locations: Belgian
But the Arctic air has lowered those figures — or, at least, raised serious questions of not just who will turn out, but who will benefit. Ms. Haley is expected to run strongest in more urban areas — where road conditions are less likely to be a concern — so that is an advantage for her. Mr. Trump’s team has said it has the most impassioned supporters, so put that in his potential ledger. Will Mr. Trump’s big edge dampen enthusiasm to brave the elements? voters than her weak standing among voters who didn’t graduate from college.
Persons: Haley, DeSantis, Trump’s, caucusgoers, Mr, Nikki Haley’s Organizations: New York Times, Siena Locations: nudging
When I finally decided to work on my relationship with my parents, I was able to get sober. My parents didn't know if the next phone call was going to be from the cops or the hospital telling them I had died from an overdose. I just didn't know how to accept their love after their rejection. I wanted to heal the rift in our relationship, but I didn't know where to start yet. My parents finally know who their gay son is, and I finally feel accepted and loved for who I am.
Persons: Organizations: Service, Disney
The Club on Friday is changing the rating and price target on one of our favorite semiconductor stocks, while updating the price targets on four other names in the portfolio to reflect recent earnings, new internal developments and broader economic forces. We're increasing our price target on Broadcom to $1,200 a share, up from $1,000 to reflect the strong quarter it reported last week. We are increasing our price target on Costco Wholesale to $680 a share, up from $630. We are increasing our price target on Palo Alto Networks to $320 a share, up from $300. The move comes after raising our price target earlier in the month to $300, from $280.
Persons: It's, Carrier, Wells Fargo, Wells, Jim Cramer's, Jim Cramer, Jim, Brent Lewin Organizations: Broadcom, VMware, Costco, Costco Wholesale, Honeywell, U.S, Palo Alto Networks, Federal, CNBC, Apple, Bloomberg, Getty Locations: Palo, Wells, Wells Fargo, PANW
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