DIRS.INFO The most relevant business & tech news

☆ Over 100 basic-income pilots have run in US cities. Now states are getting creative to fund no-strings-attached cash payments.
▼ + stars: | 2024-05-21 | by ( Allie Kelly | ) www.businessinsider.com time to read: +12 min

Basic income has become a trending strategy to combat poverty in cities nationwide. ARPA funds have been used to partially or fully fund most US basic-income pilots so far, but funds are set to expire. While philanthropy and nonprofit work have been central to basic-income pilots, they are not always a long-term or large-scale funding solution. More GBI programs are electing to focus on specific groups of participants, like low-income parents with children and foster youth. The program is funded through the Temporary Aid to Needy Families Program (TANF), an existing federal cash assistance program for low-income families.

Persons: —, Michael Tubbs, Tubbs, It's, Tubbs —, GBI —, Marcela Díaz, let's, Díaz, Teri Olle, Olle, John Gillette, Ken Paxton, Dustin Palmer, GiveDirectly, Palmer, Shafeka Hashash, Hashash, Hashah, GBI Organizations: Service, Business, SNAP, Medicaid, Somos Un, Somos Un Pueblo Unido, Economic Security, New, New Mexico House, California Senate, Republican, South Dakota Republicans, ARPA, Pew Charitable Locations: Stockton , California, Durham , North Carolina, Birmingham, Chicago, Antonio, San Antonio, Denver, Seattle, California, New Mexico, State, Mexico, Somos, Somos Un Pueblo, Economic Security California, Arizona, Iowa, Harris County , Texas, Flint , Michigan

☆ Top value investor names 'very cheap' global gaming stock as a contrarian bet
▼ + stars: | 2024-05-21 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

While NCsoft shares are only traded in South Korea, they are accessible to U.S. and European investors through ETFs. The company's shares have been hit hard over the past few years, with the stock price declining significantly from its peak in 2021 and falling 40% over the past 12 months. German, co-manager of the Emerging Market Value strategy at Schroders , attributes the sell-off to several factors. In addition, NCsoft also announced a cost-cutting program and a share buyback program earlier this month which have already boosted the company's stock price by around 10%. Most analysts have a hold rating on the stock, giving shares only a 2% upside, according to FactSet data.

Persons: Vera German, NCsoft, Nexon Organizations: Esports, CNBC Pro, Investor Conference, South Korean Locations: Korean, South Korea, London, Korea

☆ AstraZeneca targets $80 billion in total revenue by 2030 in 'post-Covid era'
▼ + stars: | 2024-05-21 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +2 min

Costfoto | Future Publishing | Getty ImagesLONDON — Pharmaceutical company AstraZeneca on Tuesday said it planned to increase its total revenue to $80 billion by 2030 — up 75% from $45.8 billion in 2023. AstraZeneca will focus on its oncology, biopharmaceuticals and rare diseases businesses and expects to release an additional 20 medicines in the next six years. "Many of them have the potential to be $5 billion drugs," Sarin noted. A company statement detailed that this revenue figure could be hit annually for many of the new medicines in peak years. "For the entire market to get replaced it will take time, but we think we have the technology today to start replacing them," Sarin told CNBC.

Persons: CNBC's Arabile Gumede Organizations: Astrazeneca, Artificial Intelligence, — Pharmaceutical, AstraZeneca, CNBC, U.S . FDA, Pharmaceuticals, Investments Locations: Shanghai, China, Europe, London, Singapore

☆ Yellen says U.S., Europe must respond jointly to China's industrial overcapacity
▼ + stars: | 2024-05-21 | by ( ) www.cnbc.com time to read: +2 min

FRANKFURT - U.S. Treasury Secretary Janet Yellen said on Tuesday that the United States and Europe needed to respond to China's industrial policies in a "strategic and united way" to keep manufacturers viable on both sides of the Atlantic. In remarks on the importance of the U.S.-European alliance in Frankfurt, Yellen said China's excess industrial capacity threatened both American and European firms as well as the industrial development of emerging market countries. "China's industrial policy may seem remote as we sit here in this room, but if we do not respond strategically and in a united way, the viability of businesses in both our countries and around the world could be at risk," she said. Yellen also called for Europe and the U.S. to stand together against Russian aggression and Iranian "support for terrorism", including agreeing on a way to unlock the value of some $300 billion worth of frozen Russian sovereign assets to aid Ukraine. "That's why I believe it's vital and urgent that we collectively find a way forward to unlock the value of Russian sovereign assets immobilized in our jurisdictions for the benefit of Ukraine," Yellen said.

Persons: Janet Yellen, Yellen, Biden Organizations: U.S . Treasury, Frankfurt School of Finance, Management, European Union, Finance Locations: FRANKFURT, U.S, United States, Europe, Frankfurt, Ukraine, Stresa, Italy

☆ Trump reports outraising Biden campaign in April, but Dems maintain cash advantage
▼ + stars: | 2024-05-21 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

Biden's political operation announced on Tuesday in a press release that the combined campaign, joint fundraising committees and the Democratic National Committee raised $51 million in April. Trump and the Republican National Committee recently announced they raised $76 million last month. Excluding any money from the RNC or any PACs, Trump's campaign committee reported raising $9.4 million in April. Biden's campaign committee raised $24.2 million in the same time period, according to new FEC filings released late Monday night. The event raised over $50 million shared between the Trump campaign, the RNC, his political action committee Save America and over a dozen state parties, according to the Trump campaign and the RNC.

Persons: Donald Trump, Joe Biden, Biden's, John Paulson's, Trump, Biden, Trump's Organizations: U.S, Republican, New, Democratic National Committee, Trump, Republican National Committee, Biden, Federal, Commission, RNC, Wall Street, White Locations: New Hampshire, Rochester , New Hampshire, U.S, New York, Florida, Manhattan

☆ Iran President Raisi: Days of funeral ceremonies begin as investigators probe helicopter crash
▼ + stars: | 2024-05-21 | by ( Jessie Yeung | Simone Mccarthy | ) edition.cnn.com time to read: +6 min

CNN —Funeral ceremonies are set to begin on Tuesday for the late Iranian President Ebrahim Raisi following his death in a helicopter crash, as authorities probe what caused the aircraft to smash into the side of a remote mountainside during foggy weather on Sunday morning. A helicopter carrying Iran's President Ebrahim Raisi takes off on May 19, 2024, before the crash took place. There is no indication what might have caused the crash – and why so many senior Iranian government officials were traveling in a single, decades-old helicopter. A high-ranking delegation will go to the crash site in Eastern Azerbaijan, according to Iran’s Tasnim news agency. Inside Iran, where many of the country’s restive youth population have grown tired of rule by conservative clerics, Raisi had a much more polarizing legacy.

Persons: Ebrahim Raisi, Ayatollah Khamenei, Mohsen Mansouri, Ali Hamed Haghdoust, Mansouri, Reza, Khamenei, “, ”, Abdulkadir Uraloglu, Uraloglu, Iran’s, ’, Ayatollah Khamenei —, Vladimir Putin, Xi Jinping, Kim Jong, Kim, Xi, Raisi’s, Azin, ” Xi, Putin, Russia, ” Raisi, Raisi Organizations: CNN, Wana News Agency, Reuters, Mehr, Iranian, Turkish Transportation, Infrastructure, TRT, Moj News Agency, AP, Kremlin, US Locations: Tabriz, Iran, Qom, Tehran, Mashhad, Turkey, Turkish, Eastern Azerbaijan, Israel, Korean, Saudi Arabia, Ukraine, China, North Korea, Russia, Iranian

☆ Iran Begins Funeral Events for President Raisi
▼ + stars: | 2024-05-21 | by ( Cassandra Vinograd | ) www.nytimes.com time to read: +1 min

Funeral events for Iran’s president and foreign minister began in northwestern Iran on Tuesday as investigators looked into the helicopter crash that killed them and the country grappled with the shock of losing two of its most prominent leaders at a volatile moment. Iran’s supreme leader, Ayatollah Ali Khamenei, has announced five days of mourning for the president, Ebrahim Raisi, 63, and the foreign minister, Hossein Amir Abdollahian, 60, who died when their helicopter plunged into a mountainous area near the Iranian city of Jolfa on Sunday. The state news media said the crash had resulted from a “technical failure.” Iran’s Armed Forces said it had begun an investigation and sent a team to the site. Some people held photographs of Mr. Raisi; the semiofficial Tasnim news agency reported that the country’s interior minister and acting president had been spotted in the crowd. He had been widely viewed as a potential successor to Ayatollah Khamenei, 85.

Persons: Ayatollah Ali Khamenei, Ebrahim Raisi, Hossein Amir Abdollahian, Raisi, Amir Abdollahian, Ayatollah Khamenei Organizations: Iran’s, Forces Locations: Iran, Iranian, Jolfa, Tabriz

☆ Ether extends its rally following 20% surge on renewed ether ETF optimism
▼ + stars: | 2024-05-21 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

Cryptocurrencies rose Tuesday amid a late surge in optimism around the U.S. Securities and Exchange Commission's decisions on spot ether exchange-traded funds applications, the first of which is due this week. Ether led the rally, rising 9% to $3,680.98, according to Coin Metrics. Investors are reconsidering the probability that the SEC greenlights spot ether ETF applications amid reports that the SEC has requested document updates from potential ETF issuers and exchanges. Final decisions on applications by VanEck and Ark Invest are due this Thursday and Friday, respectively. BlackRock, Fidelity, Invesco, Grayscale and Bitwise Asset Management also have applications awaiting decisions this year.

Persons: Cryptocurrencies, Ether, bitcoin, Robinhood, Bartosz Lipiński Organizations: U.S . Securities, Exchange, Metrics, Marathon, Energy, SEC, Cube Exchange, Fidelity, Management Locations: BlackRock

☆ Oil prices fall on fear of high U.S. interest rates depressing demand
▼ + stars: | 2024-05-21 | by ( ) www.cnbc.com time to read: +2 min

Oil storage drums stacked in the Keihin industrial area of Kawasaki, Kanagawa Prefecture, Japan, on Monday, April 15, 2024. Oil prices fell in early Asian trade on Tuesday, with investors anticipating higher-for-longer U.S. inflation and interest rates will depress consumer and industrial demand. "Fears of weaker demand led to selling as the prospect of Fed rate cut became more distant," said analyst Toshitaka Tazawa at Fujitomi Securities. Lower interest rates reduce borrowing costs, freeing up funds which could boost economic growth and demand for oil. OPEC+ could extend some voluntary output cuts if demand fails to pick up, people with knowledge of the matter previously told Reuters.

Persons: Toshitaka Tazawa, Philip Jefferson, Michael Barr, Raphael Bostic, Ebrahim Raisi, Ayatollah Ali Khamenei, Mohammed Bin Salman, Fujitomi's Tazawa Organizations: Brent, . West Texas, Federal, Fujitomi Securities, Atlanta Fed, Reuters, Saudi Arabia's Crown, Iranian, Investors, Organization of, Petroleum Locations: Kawasaki, Kanagawa Prefecture, Japan, Saudi, OPEC

☆ Opinion | The Real Danger if Trump Is Reelected
▼ + stars: | 2024-05-21 | by ( Jacob Heilbrunn | ) www.nytimes.com time to read: +2 min

Donald Trump may be regularly depicted as an impetuous toddler in chief, but he appears to possess genuine convictions about international relations. This impulse is not a new phenomenon for the United States; it dates back to World War I and World War II, when leading American conservatives praised foreign autocrats such as Kaiser Wilhelm II, Adolf Hitler, Benito Mussolini and Francisco Franco as their ideological comrades in arms. During his four years in office, Mr. Trump blustered about alliances and praised foreign dictators but never actually upended America’s foreign policy. That could change in a second Trump administration. It would convert America from a dominant economic and military power into what Mr. Trump purports to abhor — a global loser.

Persons: Donald Trump, Mikhail Gorbachev, Trump, Kaiser Wilhelm II, Adolf Hitler, Benito Mussolini, Francisco Franco, Trump’s Organizations: Playboy, Communist, America, NATO Locations: Soviet, United States

☆ A top Wall Street bear has turned bullish on stocks, boosting his S&P 500 price target by 20%
▼ + stars: | 2024-05-20 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

In a note on Sunday, Mike Wilson increased his S&P 500 price target by 20% to 5,400. Morgan Stanley's CIO Mike Wilson ditched his bearish call in a note on Sunday, increasing his 12-month S&P 500 price target by 20% to 5,400. AdvertisementWilson's base-case S&P 500 price target of 5,400 is derived from a 19x price-to-earnings multiple on 12-month forward earnings per share estimate of $283 by June 2026. Wilson first turned bearish on US stocks in 2021, correctly warning of a potential 20% decline in the S&P 500. JPMorgan maintains a year-end price target of 4,200 for the S&P 500, representing potential downside of 21% from current levels.

Persons: Morgan, Mike Wilson, Wilson, —, Morgan Stanley's, Dubravko, Marko Kolanovic Organizations: Service, Wilson, JPMorgan

☆ Opinion | The Northern Lights I Did Not See
▼ + stars: | 2024-05-20 | by ( Margaret Renkl | ) www.nytimes.com time to read: +1 min

I spend a fair amount of time looking at the sky, for the sky is nearly always full of magic. What I am never looking for is the Northern Lights. Even with an extreme solar storm underway, as it was on May 10, the news seemed unlikely to affect us here in Nashville. “Northern lights become visible further south as solar activity rises — but not in Tennessee,” read the headline in Nashville’s daily newspaper. To long for a glimpse of the Northern Lights in Middle Tennessee is not a helpful exercise for the muscle that performs hope in the human heart.

Persons: ” Organizations: National Oceanic, Prediction Locations: American, Nashville, Tennessee, Middle Tennessee, Sweden

☆ Morgan Stanley picks global stocks to play a $100 billion AI boom, giving one 40% upside
▼ + stars: | 2024-05-20 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

The analysts project that over $100 billion will be channeled toward such "potential investments propel[ling] AI and spur[ring] power demand growth in Asia." Here are three of Morgan Stanley's overweight-rated stock picks with more than 35% upside potential over the next 12 months. Morgan Stanley has a target price of 7.20 Singapore dollars ($5.35) on the Singapore Exchange -listed shares, giving them 36.9% potential upside. GDS Holdings Another Morgan Stanley favorite is Chinese data center developer and operator GDS Holdings . Morgan Stanley has a target price of $13.30 on the Nasdaq-listed stock, which translates to 40% potential upside.

Persons: Morgan Stanley, Morgan Stanley's, Tenaga Nasional Morgan Stanley, — CNBC's Michael Bloom Organizations: Tenaga Nasional, Tenaga, Microsoft, Amazon Web Services, U.S, Global X FTSE, Asia, Malaysian, Industries, Sembcorp, Morgan, Singapore, Sembcorp Industries, GDS, GDS Holdings, ASEAN, Nasdaq Locations: Asia, U.S, Malaysian, Tenaga Nasional, Bursa Malaysia, Malaysia, Singapore, Cambria, China, Japan, Hong Kong, Indonesia

☆ The world's stock markets are so hot that even China's on a rally. Analysts say it's not over yet.
▼ + stars: | 2024-05-20 | by ( Huileng Tan | ) www.businessinsider.com time to read: +1 min

Global stock markets are hitting record highs, driven by economic optimism and potential rate cuts. China's stock markets are rallying on attractive valuations and government stimulus measures. AdvertisementThe world's major stock markets are on a tear as indexes near and breach record highs. After all, 14 of the world's 20 largest stock markets have hit all-time highs recently, according to Bloomberg's count on Saturday. Stock markets elsewhere, including in Europe, India, and Japan, are also near or at their all-time highs.

Persons: — Organizations: Service, Dow Jones, . Stock, Business Locations: China, Europe, India, Japan

☆ What We Know About the Helicopter Crash That Killed Iran’s President
▼ + stars: | 2024-05-20 | by ( Cassandra Vinograd | Farnaz Fassihi | ) www.nytimes.com time to read: 1 min

The deaths of Iran’s president, Ebrahim Raisi, and foreign minister, Hossein Amir Abdollahian, in a helicopter crash have left one of the Middle East’s most powerful and disruptive nations at a critical moment. Here’s a look at what we know about the crash and its potential implications. Mr. Raisi, 63, and Mr. Amir Abdollahian were traveling back from Iran’s border with Azerbaijan after inaugurating a joint dam project when their helicopter went down in a remote and mountainous area around 1 p.m. local time on Sunday, according to state media. Search and rescue teams battled rain and heavy fog to scour the mountains and dense forest for more than 10 hours, looking for the crash site. The authorities called off the aerial search at one point because of the weather, dispatching elite commandos of the Revolutionary Guards and others on foot.

Persons: Ebrahim Raisi, Hossein Amir Abdollahian, Raisi, Amir Abdollahian Organizations: Revolutionary Guards Locations: Iran’s, Azerbaijan

☆ Hamas and Israeli leaders may face international arrest warrants. Here’s what that means
▼ + stars: | 2024-05-20 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +11 min

If approved by a panel of judges, the arrest warrants would be issued for Israeli Prime Minister Benjamin Netanyahu and Defense Minister Yoav Gallant. The decision to seek arrest warrants doesn’t immediately mean the individual is guilty, but is the first stage in a process that could lead to a lengthy trial. The ICC has so far issued arrest warrants against 42 people, 21 of whom have been detained with the help of member states. Signatory states are obliged to apprehend those facing arrest warrants, but leaders have often sought to evade those warrants, restricting their freedom of movement. Video Ad Feedback ICC chief details charges he is seeking against Hamas and Israeli leaders 02:04 - Source: CNNDoes the ICC have jurisdiction over Israeli nationals?

Persons: Benjamin Netanyahu, Yoav Gallant, Yahya Sinwar, Ismail Haniyah, Mohammed Diab Ibrahim al, Masri, Mohammed Deif, Netanyahu, doesn’t, ”, Putin, Haniyah, Omar al, Bashir, Saif Gadhafi, Moammar Gadhafi, Vladimir Putin, hasn’t, Karim Khan, “, Khan, Shelly Aviv Yeini, ” Yeini, Muhammad Nazzal, Gallant, Israel Katz, Yair Lapid, Israel “, Sinwar, Itamar Ben Gvir, Bezalel Smotrich, Mike Johnson, CNN’s Jeremy Diamond, Benjamin Brown, Melanie Zanona, Aber Salman, Michael Schwartz Organizations: CNN, Criminal Court, Israeli, ICC, The Hague, International Court of Justice, United Nations, UN, Djibouti –, West Bank, Palestinian Authority, Hamas, Reuters, Foreign, National Security, Hague, Defense Ministry, Republican Locations: Israel, Gaza, Chile, South Africa, Qatar, Rome, The, Netherlands, Russian, Bangladesh, Bolivia, Comoros, Djibouti, Palestinian, East Jerusalem, Palestine, The Hague, Israeli

☆ Hunter Biden tries again to delay gun trial two weeks before start date
▼ + stars: | 2024-05-20 | by ( Marshall Cohen | ) edition.cnn.com time to read: +6 min

CNN —Hunter Biden is once again trying to delay his fast-approaching trial on felony gun charges, which is scheduled to begin in two weeks. In addition to the gun case, Biden is facing a federal tax indictment in California. He is also pursuing appeals in that case and trying to delay that trial, which is scheduled to begin in late June after the expected conclusion of the gun trial. The saga put President Biden in an uncomfortable spot, and he publicly acknowledged his granddaughter for the first time last summer. In addition, they want to ask whether potential jurors have ever bought a gun and how they feel about various restrictions on gun possession.

Persons: CNN — Hunter Biden, –, he’s, Robert Hunter Biden, Biden, David Weiss, Joe Biden’s, Weiss, General Merrick Garland, Hunter Biden, ”, Maryellen Noreika, Lunden Roberts, Clint Lancaster, Hunter, Lancaster, Roberts, Biden’s Organizations: CNN, Monday, Trump, Biden, Lawyers, Arkansas Democrat, Gazette Locations: Wilmington , Delaware, California, Delaware, Arkansas, United States

☆ Here are Monday's biggest analyst calls: Nvidia, Amazon, Apple, Tesla, Dell, Micron & more
▼ + stars: | 2024-05-20 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Monday's biggest calls on Wall Street: Melius reiterates Apple as buy Melius said it sees several positive catalysts ahead for Apple. Bernstein reiterates Dell as outperform Bernstein raised its price target on the stock to $155 per share from $120. Goldman Sachs reiterates Amazon as buy Goldman said it's standing by its top pick status on shares of Amazon. " Barclays reiterates Nvidia as overweight Barclays raised its price target on Nvidia to $1,100 from $850. Morgan Stanley upgrades Micron to equal weight from underweight Morgan Stanley raised its price target on Micron to $130 per share from $98.

Persons: Melius, Bernstein, Dell, Stifel, Baird, Goldman Sachs, Goldman, –, Huntington Ingalls, it's, it's bullish, Redburn, Tesla, Morgan Stanley, Salesforce, Jefferies, Evercore, TJX Organizations: Apple, Developers, Citi, RIO, Nvidia, Barclays, Robotics, Group, Marex Group, Micron, Hasbro, U.S . Steel, UBS, Universal Health Services, JPMorgan, TJX Companies, SSS, Seaport, FedEx, US Locations: Tinto, America, Cleveland, China

☆ After Raisi’s Death, Speculation Over Succession Turns to Ayatollah’s Son
▼ + stars: | 2024-05-20 | by ( Erika Solomon | ) www.nytimes.com time to read: +1 min

Yet Mojtaba Khamenei has a powerful influence over a country that rarely sees or hears him. For years, the son of Iran’s supreme leader has been speculated to be a potential candidate to succeed his father, Ayatollah Ali Khamenei. That speculation has grown with the death of Iran’s president, Ebrahim Raisi, who many analysts said was being groomed to replace the supreme leader, who is 85. Mr. Raisi’s death in a helicopter crash on Sunday will not only trigger new presidential elections. Mr. Khamenei, 55, is the second son of the ayatollah’s six children.

Persons: Mojtaba Khamenei, Iran’s, Ayatollah Ali Khamenei, Ebrahim Raisi, Raisi’s, Khamenei’s, ”, Arash Azizi, he’s, Azizi, Mr, Khamenei Organizations: Clemson University, Revolutionary Guards Locations: Iran, Islamic Republic

☆ Does Legalizing Cannabis Increase Adolescent Use? This Expert Found Mixed Results.
▼ + stars: | 2024-05-20 | by ( Matt Richtel | ) www.nytimes.com time to read: +2 min

Many health experts have worried that relaxing the laws around cannabis will lead to more use of the drug among minors. They found that fewer minors reported having used cannabis in the previous month in states where the drug had been legalized. It seems sensible to assume that legalizing marijuana would lead to more use by young people. Yes, common sense might argue that as cannabis becomes legalized, it will be more accessible. There will be fewer potential legal repercussions, hence availability would increase and use would increase.

Persons: Willy Wonka, Biden, Rebekah Levine Coley, Coley Organizations: District of Columbia, Boston College, New York Times

☆ Senate to Vote Again on Border Deal as Democrats Seek Political Edge
▼ + stars: | 2024-05-20 | by ( Luke Broadwater | ) www.nytimes.com time to read: +1 min

Senator Chuck Schumer, Democrat of New York and the majority leader, plans to push forward this week with a second vote on a bipartisan border enforcement bill that Senate Republicans killed earlier this year at the urging of former President Donald J. Trump. The measure is almost certain to be blocked again, but Democrats hope to use the failed vote to sharpen an election-year contrast with the G.O.P. on a critical issue that polls show is a major potential liability for President Biden and their candidates. Democrats will aim to neutralize the issue by showing voters that they and Mr. Biden have tried to get migration at the U.S. border with Mexico under control, but have been thwarted repeatedly by Republicans following the lead of Mr. Trump. “On cue, many of our Republican colleagues abruptly reversed course on their prior support, announcing their newfound opposition to the bipartisan proposal.”

Persons: Chuck Schumer, Donald J, Trump, Biden, “, Mr, Schumer, ” Organizations: Republicans, Republican Locations: New York, U.S, Mexico

☆ Investors shouldn't rule out possible rate hike, says Michael Landsberg
▼ + stars: | 2024-05-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors shouldn't rule out possible rate hike, says Michael LandsbergMichael Landsberg, Landsberg Bennett Private Wealth CIO; Aditya Bhave, Bank of America Securities senior U.S. economist; and CNBC Steve’s Liesman join 'The Exchange' to discuss the potential for Fed policy moves, macro data, and more.

Persons: Michael Landsberg Michael Landsberg, Landsberg Bennett, Aditya Bhave, CNBC Steve’s Liesman Organizations: Bank of America Securities, CNBC Steve’s Locations: Landsberg

☆ The charts indicate a long-term turnaround underway in natural gas. Here's a stock to play it
▼ + stars: | 2024-05-20 | by ( Katie Stockton | ) www.cnbc.com time to read: +7 min

Natural gas futures have cleared their 200-day moving average and appear to have entered a long-term basing process. Given the potential for a long-term turnaround phase in natural gas prices, we were drawn to the energy sector as a source of potential long-term stock opportunities. Secondary resistance for natural gas comes from a Fibonacci retracement level near $3.50/MMBtu. How to play it One of the natural gas-related stocks that sets up well from a technical perspective is Cheniere Energy (LNG) , which is a provider of liquified natural gas. Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only.

Persons: Katie Stockton Organizations: Energy, Fairlead, CNBC Pro, Securities

☆ What to know about the mysterious new 'Bridgerton' character Lord Anderson, who was created just for the show
▼ + stars: | 2024-05-20 | by ( Olivia Singh | ) www.businessinsider.com time to read: +5 min

Here's everything to know about Lord Anderson and his blossoming romance with another "Bridgerton" character. AdvertisementLord Marcus Anderson doesn't exist in Julia Quinn's 'Bridgerton' novelsDaniel Francis as Lord Anderson, Adjoa Andoh as Lady Danbury, and Ruth Gemmell as Lady Violet Bridgerton on season three, episode four of "Bridgerton." Like newcomer Lord Debling (Sam Phillips), Lord Anderson is an original character created specifically for the TV series. Part 1 teases a potential romance developing between Lord Anderson and Lady Violet BridgertonDaniel Francis as Lord Marcus Anderson and Ruth Gemmell as Lady Violet Bridgerton on season three of "Bridgerton." AdvertisementAdjoa Andoh as Lady Agatha Danbury and Daniel Francis as Lord Marcus Anderson on season three of "Bridgerton."

Persons: —, Colin Bridgerton, Penelope Featherington, Lord Marcus Anderson, Daniel Francis, Lady Agatha Danbury, Lord Anderson, Marcus Anderson doesn't, Julia Quinn's, Adjoa Andoh, Danbury, Ruth Gemmell, Violet Bridgerton, Liam Daniel, Lady Danbury, Lord Debling, Sam Phillips, he'd, Penelope, Lady Bridgerton, Charlotte, Violet, Agatha, Lady Violet Bridgerton Daniel Francis, Netflix Marcus, Hawkins, Marcus, who's, Violet wasn't, Marcus isn't, hasn't, they're, Francesca Bridgerton, Hannah Dodd, Edmund Bridgerton, she's Organizations: Service, Netflix, Business Locations: Adjoa, London, Mayfair

☆ Barbara Corcoran's No. 1 piece of advice for people in their 20s: 'Always choose the best boss' over the best-looking job
▼ + stars: | 2024-05-20 | by ( ) www.cnbc.com time to read: +1 min

As you weigh job prospects and potential roles, "always choose the best boss," Corcoran, a millionaire real estate entrepreneur and investor, said in a TikTok video last week. "Don't take any job based on how much it pays," she said. "I've never met anyone who worked for a bad boss and enjoyed their job. "If you have a bad boss for a long time, it can [damage] your ego," Corcoran added. "I've had bad bosses, I know what that feels like.

Persons: Barbara Corcoran, Corcoran, I've Organizations: Yahoo Finance

Search resuls for: "potenţial"

25 mentions found