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☆ ‘Perfect waves and no crowds:’ Angola could be the surfing world’s best-kept secret
▼ + stars: | 2024-09-09 | by ( Claudia Elorza | ) edition.cnn.com time to read: +7 min

Their business is dedicated to promoting Angola as a surf destination while supporting local communities and sustainable development in the surf tourism industry. But it’s the prevailing winds, which bring long waves and easy surf, that make it a surfing paradise. It’s known locally as “Praia do Surfistas,” or Surfers’ Beach. The Angola Waves team provides them with cooked meals to keep energy levels up for huge ocean sessions. “I will miss surfing these perfect waves with no crowds!”

Persons: Bizuka Barros, Golan, Barros, Henrique Almeida, ”, Paulo Agusto, “, Gillas Cros, Paulo Rodrigues, It’s, Tchyina Matos, Matos, Cabo Ledo, ” Agusto, Ledo, Sergio Torres, Cecilia Organizations: CNN, Reuters, Praia, Radical Association, Angola, NASA Locations: Hawaii, Portugal, California, Australia, Angola, Portuguese, Israel, Luanda, Cabo Ledo, wilder, Catanas, Tomuba

☆ Strong earnings from industrial AI play Dover prove the stock belongs in our portfolio
▼ + stars: | 2024-07-25 | by ( Jim Cramer | ) www.cnbc.com time to read: +8 min

Dover's active portfolio management and commitment to capital returns sweeten the investment case. Tobin said the moves will boost Dover's clean-energy portfolio and decrease its exposure to more cyclical capital equipment businesses. I think that what's doing better than planned as the margin performance of the business has just been exemplary through the quarter," Tobin said. Guidance Dover now expects adjusted full-year earnings per share between $9.05 and $9.20, up from its previous range of $9.00 to $9.15. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: —, Ingersoll Rand, Jim Cramer, Richard Tobin, Tobin, Encouragingly, It's, Marshall Excelsior, Demaco —, we've, That's, it's, DOV YTD, Dover, biopharma —, Danaher, he's, Jim Cramer's, DOV, Jim, Rafael Henrique Organizations: LSEG, IDEX Corp, Dover, Environmental Solutions Group, Engineered Products, Management, Solutions, Sustainability Technologies, Sustainability Tech, Environmental Solutions, CNBC, Getty Locations: Dover, Veralto, Michigan, biopharma

☆ E-commerce firm Shopee agreed to adjust its practices in Indonesia after watchdog says it violated competition law
▼ + stars: | 2024-06-26 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

(Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images)Shopee and its courier service Shopee Express agreed to adjust its current practices after admitting to breaching a competition rule in Indonesia, the country's watchdog said on Wednesday. "Shopee and Shopee Express admitted that they had violated Law no. KPPU said Shopee proposed adjustments to its current practices on June 20 which were approved by the commission council. "Shopee Indonesia attended a meeting with KPPU on 25 June to discuss points of the integrity pact that was shared by KPPU last week. Last month, KPPU revealed its preliminary investigation found that Shopee allegedly prioritized Shopee Express in every package delivery to consumers.

Persons: Rafael Henrique, Shopee, Persaingan Usaha, KPPU Organizations: Getty, Shopee, Shopee Express, KPPU, CNBC, Express Locations: BRAZIL, Indonesia, Shopee Indonesia, Republic of Indonesia

☆ How the Oilers blew out the Panthers to avoid a Stanley Cup sweep: 5 takeaways
▼ + stars: | 2024-06-15 | by ( Michael Russo | Daniel Nugent-Bowman | ) www.nytimes.com time to read: +9 min

Dylan Holloway added two goals for the Oilers, and Mattias Janmark, Adam Henrique, Darnell Nurse, Ryan Nugent-Hopkins and Ryan McLeod had the others. Instead, the Oilers became the fourth team in a row to win Game 4 to extend a series after dropping the first three games of a Stanley Cup Final. “It only counts as one win,” Panthers captain Aleksander Barkov said. He was in on all three goals the Oilers had in the middle frame, scoring once and adding two assists. Leon Draisaitl, Hyman and Nugent-Hopkins were all pointless — a big reason the Oilers were in their gigantic hole.

Persons: Connor McDavid, Yogi Berra, “ it’s, McDavid, Wayne Gretzky’s, Dylan Holloway, Mattias Janmark, Adam Henrique, Darnell Nurse, Ryan Nugent, Hopkins, Ryan McLeod, Stuart Skinner, Doug Gilmour’s, Evgeni Malkin, Vladimir Tarasenko, Aleksander Barkov, Conn Smythe, yY2beIXAwx — Michael Russo, Bob, Sergei Bobrovsky, Anthony Stolarz, Bobrovsky, Holloway, Zach Hyman, “, ” Darnell Nurse, eason, ince, enrique, tim e, nic, ove Organizations: EDMONTON —, Edmonton Oilers, ” Edmonton, Florida Panthers, Rogers, Wayne Gretzky’s NHL, Oilers, Panthers, Edmonton, Montreal Canadiens, New York Rangers, New Jersey Devils, ” Panthers, Boston Bruins, Eastern Conference, ” Oilers, ust, pla Locations: South Florida, goa

☆ Big Tech goes on AI charm offensive in Europe as regulators circle
▼ + stars: | 2024-05-23 | by ( Ryan Browne | ) www.cnbc.com time to read: +6 min

It's worth noting that their comments come as the world's first major law governing AI, the EU's AI Act, was given the final greenlight. Meanwhile, European Commissioner Thierry Breton, a major architect of rules around Big Tech, is set to speak later in the week. Vogels, who is tasked with driving technology innovation within Amazon , said that AI can be used to "solve some of the world's hardest problems." Manyika said Google open-sourced its watermarking tech so that any developer can "build on it, improve on it." "I am concerned that there is potential for monopolies to emerge around Big Tech and AI," he said.

Persons: Rafael Henrique, Lightrocket, Werner Vogels, Society James Manyika, Thierry Breton, Vogels, Manyika, it's, Google's, Gemma AI, Emmanuel Macron, Eric Schmidt, Yann LeCun, Macron, Matt Calkins, Appian, Calkins Organizations: Getty, France —, Viva Tech, Amazon Chief, Google, Technology, Society, Regulators, Big Tech, European Union, Microsoft, Amazon, Meta, Elysee, CNBC Locations: PARIS, France, Paris, Jakarta, Indonesia, View , California, U.S

☆ CNBC Daily Open: Nvidia shares soar on AI boom
▼ + stars: | 2024-05-23 | by ( Abid Ali | ) www.cnbc.com time to read: 1 min

In this article JPMGMENVDA Follow your favorite stocks CREATE FREE ACCOUNTIn this photo illustration the Nvidia logo is displayed on a smartphone screen and in the background. Rafael Henrique | SOPA Images | Lightrocket | Getty ImagesThis 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. You can subscribe here. What you need to know todayThe bottom lineGet the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are.

Persons: Rafael Henrique Organizations: CNBC

☆ Palo Alto nears a key test that could break it out of Wall Street's penalty box
▼ + stars: | 2024-05-15 | by ( Morgan Chittum | ) www.cnbc.com time to read: +8 min

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

☆ Brex: 2024 CNBC Disruptor 50
▼ + stars: | 2024-05-14 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +2 min

Since SVB, Brex has continued to invest in differentiated services, including AI-powered tools to help streamline expense reporting, booking and management capabilities, accounts payable and procurement management. Within 36 hours, Brex signed up nearly 4,000 companies, taking in close to $2 billion in deposits. It has since backtracked on that position, and has doubled down on its roots serving tech startups. The spend management space has become more crowded, with fellow Disruptors Ramp and Navan, as well as Expensify, Mesh Payments, Airbase and Center competing for market share. Tech companies laid off more than 191,000 workers in 2023 — a trend that has continued into 2024.

Persons: Brex, Henrique Dubugras, Pedro Francheschi, Francheschi, Ben Gammell, PitchBook Organizations: Ribbit, DST, San, Airbase, Center, Tech Locations: Salt Lake City, San Francisco, Navan

☆ Freetrade, Britain's answer to Robinhood, says its CEO is stepping down
▼ + stars: | 2024-05-13 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

s LONDON — The boss of U.K. stock trading service Freetrade is stepping down and leaving the company with immediate effect, the company told CNBC exclusively Monday. Dodds remains the largest individual shareholder in Freetrade, owning a roughly 12% stake, according to company filings. Freetrade is default alive and ready to take on the incumbent platforms in the UK with self-sustaining growth," Dodds said. Dodds added: "I'm very happy to say Viktor will be stepping up to take over the helm as CEO. Nebehaj, Freetrade's incoming CEO, applauded Dodds' eight-year run as CEO and said that "it's natural that different stages of a company's growth require different leaders."

Persons: Adam Dodds, Davide Fioranell, Viktor Nebehaj, Nebehaj, Dodds, he'll, Rafael Henrique, " Dodds, Viktor, Perry Blacher, Freetrade, it's Organizations: CNBC, GameStop Locations: Freetrade, U.S

☆ Warner Bros. Discovery misses first-quarter estimates despite streaming growth
▼ + stars: | 2024-05-09 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +4 min

In this article WBD Follow your favorite stocks CREATE FREE ACCOUNTIn this photo illustration, the Warner Bros. Here is how Warner Bros. Discovery performed, compared with estimates from analysts surveyed by LSEG: Loss per share: 40 cents vs. 24 cents loss expected40 cents vs. 24 cents loss expected Revenue: $9.96 billion vs. $10.231 billion expected Warner Bros. Warner Bros. While NBCUniversal holds the U.S. rights for the Olympics, airing the games on its TV networks and Peacock streaming service, Warner Bros.

Persons: Rafael Henrique, Discovery, —, Max, Hulu —, I've, David Zaslav, Zaslav, NBCUniversal, Discovery's Max Organizations: Warner Bros, Getty, Discovery, TNT, Justice League, Disney, Hulu, CNBC, Warner Bros . Discovery, Fox Corp, Sports, NBA, Olympics Locations: U.S, Paris, Europe

☆ Bausch Health investors are left in a holding pattern as 2 major overhangs remain unresolved
▼ + stars: | 2024-05-02 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

Bausch Health Companies on Tuesday morning reported first-quarter top- and bottom-line misses — putting embattled shares under pressure. BHC YTD mountain Bausch Health YTD Bottom line Along with quarterly results, Bausch Health reaffirmed forward guidance. While not necessarily expected to see a massive increase in adoption in the future like Lilly's GLP-1s, Xifaxan currently accounts for 41% of Bausch Health sales, excluding B+L. Breaking that down: $4.7 billion to $4.85 billion are attributable to Bausch Health (implying 2% to 5% organic growth), with $4.6 billion to $4.7 billion attributable to Bausch + Lomb. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Bausch, Eli Lilly, It's, Xifaxan, Jim Cramer's, Jim Cramer, Jim, Rafael Henrique Organizations: Health, Bausch Health, Norwich Pharmaceuticals, Amneal Pharmaceuticals, Food and Drug Administration, Management, CNBC Locations: generics, Norwich

☆ Klarna scores major payment deal with Uber ahead of hotly anticipated IPO
▼ + stars: | 2024-04-24 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Rafael Henrique | SOPA Images | LightRocket via Getty ImagesKlarna on Wednesday announced a global partnership with Uber to power payments for the ride-hailing giant's Uber and Uber Eats apps. The partnership will see the Swedish financial technology firm added as a payment option in the U.S., Germany, and Sweden, Klarna said in a statement. In the U.S., Germany, and Sweden, Klarna will roll out its "Pay Now" option, which lets customers pay off an order instantly in one click, in the Uber and Uber Eats apps. The company will also offer an additional payment option for Uber users in Sweden and Germany which allows users to bundle purchases into a single, interest-free payment that gets taken out of their monthly salary. The firm recently launched a monthly subscription plan in the U.S. to lock in "power users" ahead of its anticipated IPO.

Persons: Rafael Henrique, Uber, giant's Uber, Klarna, Sebastian Siemiatkowski, Siemiatkowski, SoftBank Organizations: Getty, Wednesday, Klarna, Bloomberg News, CNBC, Nike, Instacart Locations: Swedish, U.S, Germany, Sweden, Ukraine

☆ Freetrade, Britain's answer to Robinhood, posted its first quarterly profit
▼ + stars: | 2024-04-15 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Freetrade reported adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) of £100,000 ($124,863) in the first quarter of 2024, according to unaudited financial statements shared with CNBC. Freetrade still generated a loss of £8.3 million in 2023, down from the £28.8 million loss it racked up the year before. "We defied difficult market conditions and delivered healthy growth in 2023 while dramatically reducing losses" in 2022, said Adam Dodds, CEO and founder of Freetrade. Net inflows totalled £130 million in the first quarter, too, as retail investor activity grew in response to resurgent markets last year. Equity markets saw serious drops in 2022 as a result of macroeconomic uncertainty and higher interest rates stoked by Russia's full-fledged invasion of Ukraine, which triggered a risk-off trade around the world.

Persons: Rafael Henrique, Freetrade, Adam Dodds, who've, Dodds, we've, Russia's Organizations: Getty, CNBC, Freetrade, Equity Locations: Ukraine

☆ Another high-profile cybersecurity incident, another reason to buy our stock in the industry
▼ + stars: | 2024-04-01 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

Investors received another reason to buy shares of Palo Alto Networks , according to Jim Cramer, in light of a cybersecurity incident that has impacted millions of AT & T customers. PANW YTD mountain Palo Alto Networks (PANW) year-to-date performance The list of companies making headlines due to cybersecurity incidents is extensive. Palo Alto Networks is our lone cybersecurity holding, even as its formerly red-hot stock has cooled following its Feb. 20 quarterly earnings report . "I do think after speaking with Nikesh that I am very tempted, when this breaks $280, to buy some Palo Alto," he said. In this photo illustration the logo from the cyber security company Palo Alto Networks seen displayed on a smartphone.

Persons: Jim Cramer, didn't, Nikesh Arora, Jim, Arora, Jim Cramer's, Rafael Henrique Organizations: Palo Alto Networks, Club, Microsoft, UnitedHealth, Change, JPMorgan, Palo Alto, Palo, CNBC, Getty Locations: Alto, Palo, U.S, Russian, billings, Palo Alto

☆ Top Wall Street analysts prefer these three stocks for the long haul
▼ + stars: | 2024-03-17 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +4 min

With that in mind, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Earlier this month, Guggenheim analyst Robert Drbul reiterated a buy rating on Nike stock with a price target of $130, adding it as a "best idea." Drbul also expects the Nike brand to be highly visible at the upcoming 2024 Summer Olympics. Drbul holds the 565th position among more than 8,700 analysts tracked by TipRanks. (See Nike Stock Buybacks on TipRanks)BJ's Wholesale Club

Persons: Rafael Henrique, Gregg Moskowitz, SIEM, Moskowitz, CrowdStrike, TipRanks, Robert Drbul, Drbul, Jordan Organizations: CrowdStrike Holdings, Inc, Getty, Flow, Falcon Cloud Security, Nike, Pegasus, BJ's Wholesale Locations: 2H24, North America

☆ Strong earnings results at Bausch Health once again overshadowed by legal battle
▼ + stars: | 2024-02-22 | by ( Zev Fima | ) www.cnbc.com time to read: +4 min

Bausch Health Companies reported a fourth-quarter earnings beat on Tuesday. However , the stock's upside is likely limited until the legal battle over one of its most popular drugs is resolved. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of $869 million was up 5.6% versus last year and ahead of the $863 billion consensus estimate. That makes Xifaxan responsible for 38% of Bausch Health sales, excluding B+L. Breaking that down, $4.7 billion to $4.85 billion are attributable to Bausch Health (implying 2% to 5% organic growth), with $4.6 billion to $4.7 billion attributable to Bausch + Lomb.

Persons: we've, Bausch, Salix, companywide EBITDA, Jim Cramer's, Jim Cramer, Jim, Rafael Henrique Organizations: Health Companies, Pharmaceuticals, Norwich Pharmaceuticals, U.S ., Appeals, Federal Circuit, Bausch Health, Management, CNBC Locations: BLCO, Bausch

☆ Jim Cramer says buy the 'pure panic' of Palo Alto Networks' post-earnings plunge. Here's why
▼ + stars: | 2024-02-21 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

Palo Alto Networks was plummeting Wednesday, one day after a complicated quarterly print and outlook. "We are ready to buy" more shares of Palo Alto Networks, Jim said during the Morning Meeting . The decline began after Palo Alto Networks on Tuesday evening reported a slight billings miss in its fiscal 2024 second quarter, which on the top and bottom lines beat the Street. While Palo Alto Networks was experiencing a double-digit percentage loss on Wednesday, shares were still up more than 61% over the past 12 months. In this photo illustration the logo from the cyber security company Palo Alto Networks seen displayed on a smartphone.

Persons: Jim Cramer, Jim, Nikesh Arora, it's, Palo, Arora doesn't, I'm, Arora, Let's, Jim Cramer's, Rafael Henrique Organizations: Palo Alto Networks, The Club, Palo, CNBC, Getty Locations: Palo, billings

☆ It seems some tech leaders are coming back to San Francisco
▼ + stars: | 2024-02-19 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Some tech leaders are returning to San Francisco, The Wall Street Journal reported. San Francisco's commercial real estate market is also getting a boost from the AI boom. AdvertisementIt seems like San Francisco is luring some tech bosses back after a pandemic-induced exodus. Now, he plans to spend one week a month in San Francisco and is renovating a house in the city, The Journal reported. Meanwhile, San Francisco has grappled with a homelessness problem and shifts in crime patterns.

Persons: —, San, Keith Rabois, cofounders Henrique Dubugras, Pedro Franceschi, Howie Liu, Rabois, Elon Musk, Sam Altman Organizations: Street Journal, Service, The, Meta, PayPal, California Globe Locations: San Francisco, Miami

Rick Tocchet and Rick Bowness were together at NHL All-Star Weekend when news broke that the Winnipeg Jets traded for Sean Monahan. “It’s a great move by Winnipeg, great move by Vancouver getting our guy.”Toss in the Colorado Avalanche signing veteran winger Zach Parise around the same time, and the race for players is already well underway in the Western Conference. And there's still three weeks left until the March 8 deadline, as trade talk picks up and plenty more movement is expected. “Obviously, (we have) a lot of good players and a lot skill — strength throughout the whole lineup. Getting Parise without having to give up draft picks, prospects or players from their roster was a nice first step for general manager Chris MacFarland.

Persons: Rick Tocchet, Rick Bowness, Sean Monahan, Bowness, Elias Lindholm, It’s, ” Tocchet, “ It’s, Zach Parise, there's, ”, Nathan MacKinnon, “, Connor McDavid's, ” Lindholm, Monahan, Connor Hellebuyck, Kyle Connor, Connor, Nazem Kadri, Alexandar Georgiev, Chris MacFarland, Andrew Cogliano, that’s, Parise, Noah Hanifin, Chris Tanev, Jacob Markstrom, Jake Allen, Anaheim's Adam Henrique, Washington's Max Pacioretty, Nic Dowd, Anthony Mantha, Nick Seeler, Sean Walker, Tocchet, ” they're, Bowen Byram, we’ve Organizations: NHL, Winnipeg Jets, Tocchet's Vancouver Canucks, Colorado Avalanche, Western Conference, Stanley, Avalanche, Canucks, Dallas Stars, Central Division, Connor McDavid's Edmonton Oilers, Vegas Golden Knights, Winnipeg, Jets, Bowness, Calgary Locations: Winnipeg, Vancouver, West, Colorado, Bowness , Winnipeg, Montreal

TORONTO (AP) — Even during the All-Star break, Nathan MacKinnon kept thinking ahead to the second half of the NHL season. “Everyone’s going to be playing a lot of hockey here the next couple months, so consistency’s big,” Crosby said. “There’s other teams playing good hockey, so, yeah, we got to win games.”MVP REPEAT? He trails MacKinnon by 17 points and Tampa Bay's Nikita Kucherov by 18 in the scoring race, but McDavid is arguably playing better all-around hockey than he did last season. “It might not be the most offensively sexy year, but I think we’re doing a lot of good things,” McDavid said.

Persons: Nathan MacKinnon, “, ” MacKinnon, MacKinnon, Connor McDavid, Elias Lindholm, Sean Monahan, Bo Horvat, That's, Marc, Andre Fleury, Anaheim's Adam Henrique, Philadelphia's Sean Walker, Washington's Nic Dowd, Ottawa's Jakob Chychrun, Travis Konecny, Jersey's Jesper Bratt, he's, “ We’re, ” Bratt, Sidney Crosby, “ Everyone’s, ” Crosby, they’ll, Louis Blues, Seattle's Oliver Bjorkstrand, ” Bjorkstrand, Hart, Nikita Kucherov, ” McDavid, McDavid, “ It’s, ___ Organizations: TORONTO, NHL, Western Conference, Avalanche, New York Rangers, Stanley, Canucks, Jets, Vancouver, New York Islanders, The Rangers, New Jersey Devils, Devils, Philadelphia Flyers, Rangers, Islanders, MetLife, ” Flyers, Seattle, Pittsburgh Penguins, Los, Nashville Predators, Edmonton Oilers, Tampa, Colorado Locations: Colorado, Vancouver, Winnipeg, Calgary, Montreal, Minnesota, East Rutherford , New Jersey, Los Angeles, Edmonton

☆ Fahmi Quadir, short seller nicknamed 'The Assassin,' takes aim at for-profit college giant Adtalem
▼ + stars: | 2024-01-30 | by ( Eamon Javers | ) www.cnbc.com time to read: +4 min

Quadir told CNBC she has a short position in the stock, meaning she is betting that the share price will decline. "We believe that Adtalem is completely uninvestable, the number of existential risks that exists today should cause alarm for any investor that's looking into this company," Quadir said. In 2017, DeVry Education changed its DV ticker symbol to Adtalem's current ATGE, completing the rebranding of DeVry into Adtalem. Quadir's report found that among Adtalem's properties, the online college Walden University has a graduation rate of just 29%. Adtalem's stock price has soared over 75% in just seven months, from just over $33 a share in late June, to more than $60 a share at Monday's open.

Persons: Quadir, Safkhet, Bridget Bennett, Rafael Henrique, Lightrocket, DeVry, Adtalem Organizations: Bloomberg, Getty Images WASHINGTON, Walden University, Chamberlain University, Ross University School of Medicine, CNBC, Safkhet, Netflix, Education, DeVry University, Cogswell Education, Blackrock, Vanguard, Department of Education, Higher Locations: Las Vegas , Nevada, U.S, Barbados, Quadir, Adtalem

☆ Here's what Wall Street wants to see from Hollywood this year
▼ + stars: | 2024-01-10 | by ( Sarah Whitten | ) www.cnbc.com time to read: +5 min

But Wall Street is worried that hero may never come for Hollywood. Yet, Wall Street still isn't satisfied. Warner Bros. Wall Street wants a solution, or, at the very least, a company to set the stage for a potential solution. watch nowConsider M&A difficultiesMergers and acquisitions present another path to a bigger bundle, but Wall Street isn't sure there will be a big deal in 2024.

Persons: Doug Creutz, Creutz, Michael Nathanson, MoffettNathanson, Rafael Henrique, Lightrocket, Nathanson, Shari Redstone, David Zaslav, Bob Bakish, Barbie Organizations: Getty, Hollywood, Disney, Warner Bros, Discovery, Comcast, Paramount Global, Netflix, Companies, Warner Bros . Discovery, Paramount, Cowen, Century Fox, Amusements, Comcast's, Universal

☆ Roche enters obesity market with Carmot takeover but drugs may not be available until 2030
▼ + stars: | 2023-12-04 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

BRAZIL - 2021/11/26: In this photo illustration a F. HoffmannLa Roche AG logo is seen on a screen and a hand holding a pill. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images)Swiss pharmaceuticals giant Roche is set to acquire anti obesity drug developer Carmot Therapeutics, becoming the latest company to attempt to unseat Novo Nordisk and Eli Lilly's dominance within the global weight-loss drugs market. The U.S. takeover target's early-stage technology could help crack highly prized oral obesity treatments, Roche Pharmaceuticals CEO Teresa Graham said Monday, but it may be several years before the drugs are widely available. The deal will provide Roche access to Carmot's current research and development portfolio, including all clinical and preclinical assets. Shares of the Swiss company, which have been in the doldrums this year, were up 2.25% following the news of the acquisition.

Persons: HoffmannLa Roche, Rafael Henrique, Roche, Eli Lilly's, Teresa Graham, we'll, Graham, CNBC's Julianna Tatelbaum, Eli Lilly's Mounjaro Organizations: Getty Images, Carmot Therapeutics, Novo Nordisk, U.S, Roche Pharmaceuticals, Roche Locations: BRAZIL, Swiss, California

Finally Souza, an innkeeper and community leader in Bela Vista do Jaraqui, said he rallied two dozen neighbors to drill a 60-meter well in the heart of the world's largest freshwater basin. With rivers forming the backbone of transportation across the Amazon region, the drought has disrupted access to food and medicine in dozens of cities. The Amazon, the world's largest rainforest, is regarded by scientists as a bulwark against climate change because its dense vegetation absorbs carbon and emits oxygen. The five researchers predicting a 2026 recovery said the effects of the drought could endure even longer if El Nino is prolonged. That would release huge amounts of carbon dioxide, contributing to climate change and wiping out a wealth of plant and animal species found only in the Amazon.

Persons: Bruno Kelly, Raimundo Leite de Souza, Souza, Luiz Inacio Lula da Silva, Michael Coe, we're, El Nino, Coe, El, Philip Fearnside, Henrique Barbosa, Eduardo Taveira, Taveira, Paulo Brando, Brando, Barbosa, Brad Haynes, Jake Spring, Ana Mano, Andre Romani, Suzanne Goldenberg Organizations: REUTERS, Rights, Rio, cobras, United, Reuters, Research Center, National Institute of, Research, University of Maryland, Honda, LG, Positivo, GIANTS, Yale University, Sao Paulo, Thomson Locations: Tefe, Amazonas, Brazil, Rights MANAUS, caimans, Bela Vista, Guyana, Suriname, French Guiana, Venezuela, Colombia, United Nations, U.S, South America, South, Pacific, North America, El Nino, University, Baltimore, Western Europe, Brazil's Amazonas, Manaus, Itacoatiara, Madeira Rivers, Sao Paulo, Sao

☆ Stock trading platform Robinhood to launch in UK after two failed attempts
▼ + stars: | 2023-11-30 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Features include the ability to choose from 6,000 U.S. stocks and 24-hour trading five days a week. Robinhood currently offers 24-hour trading in the U.S., allowing trades to happen outside 9:30 a.m. Robinhood won't offer U.K. stocks to begin with but will look to add them as it brings more products into the platform. Jordan Sinclair, Robinhood's U.K. chief, said he expects 24-hour trading to be popular, as it will let users trade on market-moving news. Dan Moczulski, U.K. managing director of EToro, a rival stock trading platform, said the arrival of more competition in the retail trading market marks "an exciting time for the industry."

Persons: Rafael Henrique, Robinhood, Jordan Sinclair, Sinclair, Tenev, Dan Moczulski, Moczulski, Vlad Tenev, We've Organizations: Getty, Robinhood's, CNBC Locations: U.S, British, England

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