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Alex Jones does not, for now, have to turn over the Infowars bank accounts to the Sandy Hook families he owes millions, a bankruptcy judge ruled on Thursday. The ruling by Judge Christopher Lopez is the latest turn in an increasingly acrimonious battle between two groups of Sandy Hook families fighting to be paid defamation damages from Mr. Jones. “Let’s just do this with process and transparency,” Judge Lopez said in the hearing, held in Houston. The families of eight victims who sued Mr. Jones in Connecticut had filed an emergency motion asking Judge Lopez to block a court’s ruling last week granting Neil Heslin and Scarlett Lewis, who sued Mr. Jones in Texas, the right to seize Mr. Jones’s business bank accounts, which contain roughly $2 million. Mr. Heslin and Ms. Lewis are the parents of Jesse Lewis, 6, who died at Sandy Hook.
Persons: Alex Jones, Sandy Hook, Judge Christopher Lopez, Jones, “ Let’s, Judge Lopez, , Neil Heslin, Scarlett Lewis, Heslin, Lewis, Jesse Lewis Locations: Houston, Connecticut, Texas
Currys is exploring various options for partnerships, CEO says
  + stars: | 2024-06-27 | 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 EmailCurrys is exploring various options for partnerships, CEO saysCurrys CEO Alex Baldock discusses earnings and the company's performance with CNBC.
Persons: Alex Baldock Organizations: CNBC
Micron — Shares slipped nearly 6% after the semiconductor manufacturer posted revenue guidance of $7.6 billion for its current quarter, coming in line with analyst expectations. Walgreens Boots Alliance — Shares tumbled more than 11% after the retail pharmacy company reported a third-quarter earnings miss and cut its full-year adjusted profit outlook. Goldman Sachs — The U.S. banking stock slipped nearly 2% after the latest round of stress test results . However, the company reported EBITDA guidance for its fiscal year 2025 that was 5% lower than analyst consensus estimates, according to FactSet. U.S. Bancorp — The bank stock slipped more than 1% following a downgrade to neutral from overweight at J.P. Morgan.
Persons: Levi Strauss, Suzano, Walgreens, Goldman Sachs, Morgan, Vivek Juneja, — CNBC's Michelle Fox, Alex Harring, Fred Imbert Organizations: Micron, GSK —, Centers for Disease Control, LSEG, Walgreens, Federal Reserve, . U.S, Bancorp Locations: U.S, .
Morgan Stanley sees a comeback in Wall Street deals underway — and expects some financial stocks to reap the benefits. However, Goldman Sachs said sponsor-led mergers and acquisitions do not necessarily need a decrease in interest rates to take off. Stadnik said a capital markets renaissance is one key reason to be overweight money center banks. Of this group, he called Goldman Sachs the "purest play" on this theme. Goldman Sachs shares have climbed more than 15% this year.
Persons: Morgan Stanley, Andrei Stadnik, Stadnik, Morgan Stanley's, Goldman Sachs, Blackstone, Morgan, LSEG Organizations: Wall Street, JPMorgan, LSEG Locations: U.S
The Washington Wizards took fellow Frenchman Alexandre Sarr with the second overall pick. “He gave me all his knowledge to this day, and it’s really special to have someone like him in my corner.”Two more French players featured in the draft’s top 30. With the sixth overall pick, the Charlotte Hornets selected 18-year-old power forward Tidjane Salaun, while the New York Knicks picked Pancome Dadiet in 25th. France has had a handful of prominent faces in the league’s history, most notably four-time NBA champion Tony Parker and two-time NBA All-Star Joakim Noah. Excluding the new draftees, there are a total of 10 active French players in the NBA.
Persons: Frenchman, Victor Wembanyama’s, Zaccharie Risacher, JL, , ” Risacher, Frenchman Alexandre Sarr, Alex Sarr, Timothy A, Clary, Olivier, , Sarr, it’s, Salaun, Pancome Dadiet, Tidjane Salaun, Sarah Stier, Melvin Ajinca, Armel Traore, “ Wemby ”, Rudy Gobert, Tony Parker, Joakim Noah Organizations: CNN —, NBA, San Antonio Spurs, Atlanta Hawks, ESPN, Washington Wizards, Perth, Australian National Basketball League, NBA’s Oklahoma City Thunder, Charlotte Hornets, New York Knicks, Spurs, France, Minnesota Timberwolves Locations: CNN — France, Brooklyn , New York, Bresse, France
The Atlanta Hawks took compatriot Zaccharie Risacher as the top pick this year at the event in Brooklyn, New York. The Washington Wizards took fellow Frenchman Alexandre Sarr with the second overall pick. “He gave me all his knowledge to this day, and it’s really special to have someone like him in my corner.”Two more French players featured in the draft’s top 30. With the sixth overall pick, the Charlotte Hornets selected 18-year-old power forward Tidjane Salaun, while the New York Knicks picked Pancome Dadiet in 25th. Excluding the new draftees, there are a total of 10 active French players in the NBA.
Persons: Frenchman, Victor Wembanyama’s, Zaccharie Risacher, JL, , ” Risacher, Frenchman Alexandre Sarr, Alex Sarr, Timothy A, Clary, Olivier, , Sarr, it’s, Salaun, Pancome Dadiet, Tidjane Salaun, Sarah Stier, Melvin Ajinca, Armel Traore, “ Wemby ”, Rudy Gobert, Tony Parker, Joakim Noah Organizations: CNN —, NBA, San Antonio Spurs, Atlanta Hawks, ESPN, Washington Wizards, Perth, Australian National Basketball League, NBA’s Oklahoma City Thunder, Charlotte Hornets, New York Knicks, Spurs, France, Minnesota Timberwolves Locations: CNN — France, Brooklyn , New York, Bresse, France
Stock futures are near flat Thursday night as traders await closely followed inflation data. Dow Jones Industrial Average futures slipped 36 points, or 0.1%. S&P 500 futures ticked up 0.1%, while Nasdaq 100 futures added 0.2%. In after-hours action, Nike shares slipped more than 12% after the athletic retailer cut its full-year guidance. Excluding volatile food and energy prices, the core PCE is forecast to come in 0.1% higher on the month and 2.6% on an annualized basis.
Persons: Foot Locker Organizations: New York Stock Exchange, Stock, Dow Jones Industrial, Nasdaq, Nike, PCE, Dow, Federal, Fed
Read previewChristina, an Uber and Lyft driver in Las Vegas, said about half of her passengers tip on a good day. Some riders have told her they don't know how to tip, forcing her to show them on the app. Ride-hailing drivers told Business Insider that customer tips are hard to come by. Related storiesSome drivers like Jillian, 67, who drives in Santa Clarita, California, have a simple solution for getting more tips — asking riders directly. The inconsistency is working against some driversAlex Santiago, a 48-year-old Uber driver in northern Virginia, used to dress business casual and catered music to passengers.
Persons: , Christina, she's, I've, Christina isn't, Uber, Nick Leighton, Lyft, Stuart, Marilyn Cassady, Cassady, there's, Jillian, it's, Alex Santiago, Santiago, Jason S, he's, hasn't, Jason, Andre Kingston, she'd, Kingston Organizations: Service, Business, Wolves, BI, Gridwise Locations: Las Vegas, United States, Austin, Myrtle Beach , South Carolina, Santa Clarita , California, Virginia, Detroit, Phoenix
Check out the companies making headlines in midday trading: Walgreens Boots Alliance — The stock plummeted more than 24.5% after the retail company reported third-quarter earnings results that missed Wall Street's expectations . Levi Strauss — The denim maker's stock tumbled 17.1% after revenue came in at $1.44 billion for the second fiscal quarter. International Paper — Shares of the paper manufacturing company fell nearly 8% following the news that Suzano is no longer pursuing a potential acquisition of the company. Hunterbrook Capital, a hedge fund Hunterbook is affiliated with, has a short position in the company's shares. Micron Technology — The memory chip stock shed nearly 7% after Micron Technology offered guidance that was roughly in line with expectations.
Persons: Levi Strauss, Suzano, Gary Friedman, AeroVironment, Goldman Sachs, Alex Harring, Samantha Subin, Lisa Kailai Han, Michelle Fox Organizations: Walgreens, Alliance, CVS, LSEG, Hunterbrook Media, Hunterbrook, Micron Technology, Arista Networks, Citi
And as one of the richest and most powerful people in the world, Musk's political stances carry a great weight. Musk's political donations dating back to 2002 fit neatly into just a single landing page on OpenSecrets, a nonprofit organization that tracks money in politics. AdvertisementThough Musk historically hasn't been big on political donations, he's publicly said that he weighs in on politics when it could affect his businesses. Musk's political coming of age during the pre-social media era remains much of a mystery. His latest donations have all been to Republican candidates and causes, with Sen. Chris Coons of Delaware being the last Democrat to receive any Musk donations back in 2020.
Persons: , Elon, hasn't, that's, he's, Trump, Joe Biden, Donald Trump, Musk, Elon Musk, Paul Harris, Errol —, Ashlee Vance's, Musk's, Andrew Panzera, Tesla, Martin Eberhard, Marc Tarpenning, Trump Tesla, Alex Brandon Musk, George W, Bush, John Kerry, Barack Obama, Hillary Clinton, Clinton, Sen, Chris Coons, Rex Tillerson's, Hillary Clinton's, Marc Piasecki, Ron DeSantis, DeSantis, Biden, Nelson Peltz, MAGA, — Musk Organizations: Service, SpaceX, Business, White, Tesla, Getty, Pretoria City Council, Progressive Party, New York Times, Times, PayPal, Trump, Donald Trump AP, Democratic, California Democrats, National Republican Congressional, GOP, Republican, Elon, State, Paris Climate, America, NASA, Biden's, Cannes Lions, Democratic Party, Republican Florida Gov, Twitter Locations: Africa, Los Angeles, Republic of South Africa, Pretoria, South Africa, Canada, Johannesburg, Silicon Valley, California, Sens, Delaware, Paris, Texas, Musk's Texas
A video of his remarks, posted to YouTube by the school, has racked up more than 1.7 million views, as of Thursday afternoon. Federer, who won 20 Grand Slam singles championships during his storied career, said his natural talent on the court only got him so far. "When you're playing a point, it has to be the most important thing in the world," Federer said. "In the 1,526 singles matches I played in my career, I won almost 80%," he said. When you lose every second point, on average, you learn not to dwell on every shot."
Persons: Roger Federer, they'll, Federer Organizations: Dartmouth College, YouTube
But media companies such as Netflix, Disney and Warner Bros. Those competing truths have led media and entertainment companies to concoct a wide array of strategies to combat the growing threat. John Lamparski | Getty ImagesEarlier this year, YouTube Chief Executive Officer Neal Mohan announced that users watch more than 1 billion hours of YouTube content on TV screens each day. Disney has made bespoke YouTube content for its new preschool series "Disney Junior's Ariel," which debuts June 27, to introduce the mermaid character to kids. That's YouTube 2.0."
Persons: Rich Greenfield, it's, Tara Walpert Levy, Nielsen, John Lamparski, Neal Mohan, Michael Nathanson, Kevin Mayer, Disney, Brittany Broski, LightShed's Greenfield, isn't, John Keeble, Mayer, That's, Ariel, Winnie, " Mayer, NBCUniversal, NBCUniversal's, Nathanson, MrBeast, Jimmy Donaldson, Monica Schipper, we've, Broski, David Livingston, incentivizes, Michelle Khare, Gilbert Flores Organizations: Alphabet's YouTube, Hollywood, YouTube, it's, Netflix, Disney, Warner Bros, Getty, Google, Comcast, Media, ExCel, Entertainment, Bloomberg, Amazon, Nickelodeon, HBO, Penske Media Locations: U.S, , York, Hollywood, London, That's, Los Angeles, Brittany, Anaheim , California, AdSense
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow YouTube beat Netflix and Disney in the streaming warsWhile Netflix may get most accolades for winning the streaming wars, YouTube has been the most watched streaming platform in the U.S. for the last 15 consecutive months. Its recent dominance is predicated on taking over the living room as a direct competitor to Netflix and every other streaming service. Watch the video above to see how YouTube has transitioned its business to connected TVs on the strength of its popular creators.
Organizations: YouTube, Netflix, Disney Locations: U.S
Atlanta selected Risacher from a muddled top tier that included Sarr, Connecticut center Donovan Clingan and wing Stephon Castle, and Kentucky guard Reed Sheppard. His team played in France’s top pro league and a second division of teams competing all across Europe. Saluan is 6-foot-9 and averaged 9.6 points and 4.0 rebounds playing for Cholet in France’s top pro league. For the first time, the NBA Draft is being held over two nights, with Round 1 happening Wednesday at the Barclays Center and Round 2 on Thursday. The Athletic has live coverage of the 2024 NBA Draft.
Persons: Zaccharie, Alex Sarr, Risacher, Victor Wembanyama, Adam Silver, Pacome Dadiet, ” Risacher, , C’est, Conn, Reed, ear,, urs, ade, Ris, ike V, win,, ike, Johns, Fran, Risa, Bo u, J ohn, olli, H, Pitts, Sal, eli, ober, teena, ees — Ris, feder, James ’ son,, ron, kel, cori Organizations: NBA, Atlanta Hawks, Bourg, Washington Wizards, Perth, Charlotte Hornets, New York Knicks, ntu, ust, rtl, , Ris, ntr Locations: Lyon, France, New York, Toulouse, French, Brooklyn, Antonio, laye, in Fr
Take one of Risher's latest LinkedIn posts, which details driving Lyft riders around Napa Valley on a Sunday in early summer. But one Pennsylvania-based Lyft driver told Business Insider that the reality is far different than what Risher describes. AdvertisementDuring one recent week driving in Pennsylvania, the driver told BI that he completed eight rides over about three hours and drove 85 miles. Uber and Lyft workers say they're regularly offered rides that pay $3 or less each. Do you work for Lyft, Uber, DoorDash, or another gig rideshare or delivery service and have a story idea to share?
Persons: , David Risher, Risher, They're, aren't, Lyft, Uber, they're, that's Organizations: Service, Business, Lyft Locations: Napa Valley, Pennsylvania, Napa
Even as few as two hours daily on a device can cause eye problems, says Dr. Steven Reed, an optometrist and president of the AOA. Unmanaged screen use can lead to issues including dry eye, eye strain, back and neck pain, headaches, heavy eyelids, tearing and blurred vision. Modify brightness to a comfortable level depending on surrounding lighting and increase contrast on your device to reduce glare. Getting glasses that block blue light and reflective light, which are available for prescription and non-prescription lenses, can be an effective option for some people to prevent eye strain, too, eye doctors say. "If you're on your screen until bedtime and then you don't really sleep well, that impacts your overall health significantly," he says.
Persons: Steven Reed, Unplugging, Reed, Valerie Sheety Organizations: American Optometric Association, Deloitte Economics
Take one of Risher's latest LinkedIn posts, which details driving Lyft riders around Napa Valley on a Sunday in early summer. But one Pennsylvania-based Lyft driver told Business Insider that the reality is far different than what Risher describes. AdvertisementDuring one recent week driving in Pennsylvania, the driver told BI that he completed eight rides over about three hours and drove 85 miles. Uber and Lyft workers say they're regularly offered rides that pay $3 or less each. Do you work for Lyft, Uber, DoorDash, or another gig rideshare or delivery service and have a story idea to share?
Persons: , David Risher, Risher, They're, aren't, Lyft, Uber, they're, that's Organizations: Service, Business, Lyft Locations: Napa Valley, Pennsylvania, Napa
But key challenges face the country as it looks to become the world's third-biggest AI hub. At the London Tech Week conference in the Olympia events venue earlier this month, tech executives from around the world touted London and the U.K. as a place to invest. London vs. FranceLondon is facing heated rivalry from France for the title of European AI leader. Can the UK keep its European AI crown? Seeking regulatory clarityAnother key source of uncertainty for tech leaders is the future of AI regulation in the U.K.
Persons: Mike Kemp, Alex Kendall, — Kendall, Wayve's, Brent Hoberman, Wayve, it's, Salesforce, Janet Coyle, Coyle, Arthur Mensch, Hanno Renner, that's, Europe's, CNBC's, Philip Belamant, Zilch, Matthew Holman, Cripps, Holman Organizations: Global, London Tech, Sage, Google, London, Partners, Viva Tech, Accel, CNBC, Mistral France Paris, Alpha, Alpha Germany Heidelberg, Face France Paris, France Paris, United, United Kingdom London, Kingdom London, Tech, European Union Locations: London, United Kingdom, China, Olympia, SoftBank, San Francisco, Vancouver . U.S, France London, France, Brazil, Silicon, Europe, Paris, Berlin, Alpha Germany, Germany, Brexit, Britain
Campbell Soup 's acquisition of Rao's parent Sovos Brands is a key part of why JPMorgan is now bullish on the Camden, New Jersey-based food company for the first time in 15 years. Analyst Ken Goldman upgraded Campbell to overweight from neutral, a rating the bank hasn't had on the stock since 2009. The Rao's brand alone brought in nearly $775 million in annual net sales in 2023, driving Sovos sales above $1 billion last year. Rao's organic net sales climbed about 37% in 2023 from 2022, boosting the acquired business's growth rate to 25%. CPB .SPX YTD mountain Campbell Soup vs. S & P 500, year to date Despite the excitement around Rao's, the JPMorgan call comes amid a period of underperformance for Campbell.
Persons: Campbell, Ken Goldman, hasn't, Goldman, Sovos, Michael Angelo's, underperformance Organizations: JPMorgan, Wall, CPB Locations: Camden , New Jersey, noosa
Neil Hennessy said investors need to look at value stocks that offer attractive price-to-sales multiples and avoid what he sees as a dying "Magnificent Seven" trade. While Hennessy admitted that the Magnificent 7 stocks have performed well, he said their average price-to-earnings multiple sits at around 47 while their price-to-sales multiple is above 12. "The reality of our world is money is shifting over to value," said the University of San Diego alum. But Hennessy said the stock is attractively priced, with a price-to-sales multiple of 0.9 and P/E ratio of just 7. But the average price target implies the stock can turn around and surge more than 27% over the coming year.
Persons: Neil Hennessy, Hennessy, I'm, SPX Organizations: Oshkosh Corp, University of San Diego, Oshkosh, LSEG
Pillowboard sits low and hidden by pillowsSilk & Snow Wooden Bed Frame The Silk & Snow Wooden Bed Frame is a reasonably priced bed frame made of sustainable wood that doesn’t require any tools or screws for assembly. AdvertisementThuma vs Silk & Snow PriceThuma Platform Thuma + Pillowboard Thuma + Headboard Thuma + Headboard + Cushion Silk & Snow Platform Silk & Snow (with headboard) Price (Queen) $1,095 $1,295 $1895 $2,085 $850 $1,250 (boucle), $1,300 (solid), and $1,700 (rattan)The Thuma and Silk & Snow bed frames may be similar in design, but their price varies greatly. Emily Hochberg/Business InsiderWhere Silk & Snow bed frame customers get a 30-night free trial, Thuma bed buyers get 100 nights to try out their bed frame. AdvertisementThe bottom lineIn comparing the Thuma and the Silk & Snow bed frames, our first inclination is to advise potential buyers to go with the Silk & Snow bed frame. Read our Thuma bed frame review and Silk & Snow wooden bed frame review.
Persons: Thuma, Snow, Pillowboard, Cal King, King, Upcycled, Emily Hochberg, Alex Temblador, Price, it's Organizations: Business, Twin XL, Cal, Cal King Twin, XL Locations: California, Southeast Asia, Vietnam
Learn moreA little over a week after the NBA Finals concluded, the NBA Draft is here in preparation for next season. Below, we've compiled everything you need to know about where to watch the NBA Draft, including US and UK options. Keep reading to learn how to tune in live to the NBA Draft, whether you have cable or want to live stream the event. Where to watch the NBA Draft in the USThe NBA Draft is spread across two days: Wednesday and Thursday. How to watch the NBA Draft from anywhereIf you are traveling away from home during the NBA Draft, you can keep up with your subscriptions using a VPN.
Persons: Donovan Clingan, Purdue Center Zach Edey, Zaccharie Risacher, Alex Sarr, LeBron James, Bronny James, There's, ExpressVPN Organizations: Business, NBA, US, Barclays Center, Atlanta Hawks, UConn, Purdue Center, Los Angeles Lakers, ABC, ESPN, MLB, NHL, NFL, UFC, Hulu, Disney Plus, Sling, ESPN2, ESPN3, Sky Sports Locations: Brooklyn, Manhattan
FedEx — Shares of the company moved more than 14% higher after topping Wall Street's fiscal fourth-quarter expectations . The shipping giant earned $5.41 per share, after adjustments, on $22.11 billion in revenue. Analysts polled by LSEG were expecting earnings of $5.35 per share and revenue of $22.07 billion. Aptiv — Shares of the automotive technology company plunged 10% following Piper Sandler's downgrade of the stock to underweight from neutral . Paychex posted adjusted earnings of $1.12 per share, which is above the $1.10 earnings per share that analysts polled by LSEG were expecting.
Persons: LSEG, Bosch, Piper, Mills, Paychex, Grindr, Campbell, , Alex Harring, Lisa Kailai Han, Scott Schnipper, Sarah Min, Michelle Fox Organizations: Volkswagen Group, FedEx —, Whirlpool —, Reuters, Rivian, MNC Capital Partners, JPMorgan, Campbell
Washington CNN —US women’s soccer legend Alex Morgan will not be on the team’s roster for the Olympic Games next month in Paris, a symbol of the changing of the guard going on inside the women’s national team. The 22-player roster, which includes 18 players going to Paris and four alternates, includes only eight players from the 2020 Olympics, which were held in 2021 in Tokyo, and 10 members of the 2023 World Cup team. She acknowledged the roster for Paris will have less experienced players than previous tournaments with an eye toward development. “I’m not looking backwards, we have to look forward with a group of players that have put that World Cup behind them. And we’re very much looking forward to sort of building on the work, you know, post-the World Cup.
Persons: Alex Morgan, Emma Hayes, Hayes, Morgan, I’m, ” Hayes, , there’s, Casey Murphy, Alyssa Naeher, Tierna Davidson, Emily Fox, Naomi Girma, Casey Krueger, Jenna Nighswonger, Emily Sonnett, Korbin Albert, Sam Coffey, Lindsey Horan, Rose Lavelle, Catarina Macario, Crystal Dunn, Trinity Rodman, Jaedyn Shaw, Sophia Smith, Mallory Swanson, Jane Campbell, Hal Hershfelt, Croix Bethune, Lynn Williams, I’ve, Organizations: Washington CNN, Olympic Games, Tokyo Games, , Paris, Locations: Paris, Tokyo, France
(This is CNBC Pro's live coverage of Tuesday's analyst calls and Wall Street chatter. Stifel opened coverage on Tesla with a buy rating and an ambitious price target as it sees multiple growth opportunities for the company. Crockett also increased his price target by $64 to $260, which now suggests shares can rally 24.4% from Tuesday's closing price. Goldman also hiked his price target by $7 to $52, now reflecting upside potential of 17.7% over Tuesday's close. Analyst Stephen Gengaro initiated the electric vehicle maker at a buy rating with a $265 price target.
Persons: Rosenblatt, Barton Crockett, Crockett, — Alex Harring, Atif Malik, Malik, Blackwell, Wolfe, Robinhood, Steven Chubak, Chubak, Jason Warnick, That's, Keith Gill, Katja Jancic, Jancic, Brian Ossenbeck, Ossenbeck, Campbell, Ken Goldman, hasn't, Goldman, underperformance, Stifel, Stephen Gengaro, Gengaro, Alex Harring Organizations: CNBC, Federal Express, JPMorgan, FedEx, Apple, Apple Intelligence, Android, Meta, Microsoft, Nvidia, Citi, Wolfe Research, . Steel, BMO Capital Markets, U.S, Steel, Nippon Steel, Nippon, US, U.S . Steel, CPB, Tesla Locations: Tuesday's, Japan, U.S
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