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The organizers of the 2028 Summer Olympics in Los Angeles have promised to have the most ambitious sports program ever and sell more tickets than any other Games. LA28, the organizing committee, announced on Friday that the swimming competition at the 2028 Games would be held at SoFi Stadium, the home of the Rams and Chargers, the city’s two N.F.L. There will be at least 35,000 seats for fans, double the size of typical venues used for most Olympic swimming events — which, along with gymnastics and track and field, are one of the biggest draws for the Olympics. The decision to move the swimming events into the gleaming SoFi Stadium is a reflection of the economics of hosting the Olympics. This year’s Games, which begin in Paris at the end of July, may break even, officials have suggested.
Persons: , ” Casey Wasserman Organizations: SoFi, Rams, Chargers Locations: Los Angeles, Paris
Wall Street is turning more bullish
  + stars: | 2024-06-18 | by ( Krystal Hur | ) edition.cnn.com   time to read: +6 min
New York CNN —It’s tough being a Wall Street bear these days. The S&P 500 index has climbed nearly 15% this year and clinched 30 record-high closes. The new backdrop of cooling inflation coupled with rate cuts on the horizon is prompting investors to up their bullish wagers. Evercore ISI raised its price target to 6,000 for the S&P 500, a reversal from its previous, more gloomy 4,750 target. Much of the S&P 500 index’s returns are tied to the mega-cap tech Magnificent Seven stocks, leaving the market dependent on just a handful of names to continue its monster run.
Persons: New York CNN —, Goldman Sachs, , Julian Emanuel, index’s, Bacon, Danielle Wiener, Bronner, fuming, Jin Bian, Samantha Delouya, Bian, , Ron DeSantis, isn’t, Bill 264, Sellers, Read Organizations: CNN Business, Bell, New York CNN, Federal Reserve, ISI, Evercore ISI, Shoppers, Bureau of Labor Statistics, CNN Locations: New York, Monday’s, Florida, Tampa , Florida, Nanjing, China
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Stay away from Unity Software, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Vistra, Novavax, Twilio, H.B. Fuller, Ardagh Metal Packaging, and SoFi.
Persons: Jim Cramer, Fuller Organizations: Unity Software, Packaging
Stock Chart Icon Stock chart icon Vistra's year-to-date stock performance. "Stock Chart Icon Stock chart icon Novavax's year-to-date stock performance. Stock Chart Icon Stock chart icon Twilio's year-to-date stock performance. Stock Chart Icon Stock chart icon H.B. Stock Chart Icon Stock chart icon Unity Software's year-to-date stock performance.
Persons: it's, Fuller, It's, Let's Organizations: Unity Software, Ardagh Locations: Fuller's
Taylor Swift performs at Scottish Gas Murrayfield Stadium on June 07, 2024 in Edinburgh, Scotland. Swift's Eras World Tour plays 15 dates across Scotland, Wales and England in June and August. And the financial boost to both the city and the entire country is expected to be seismic too, with Swift's Eras Tour set to add an estimated £1 billion ($1.27 billion) to the British economy, according to research from U.K. bank Barclays. Swift's Eras World Tour plays 15 dates across Scotland, Wales and England in June and August. Fans enjoy Taylor Swift's performance during The Eras Tour at SoFi Stadium in Inglewood Monday, Aug. 7, 2023.
Persons: Taylor Swift, Gareth Cattermole, Taylor, It's, Swift, Allen J Organizations: Scottish Gas Murrayfield, Getty, British Geological Survey, Barclays, Edinburgh's Murrayfield, Scotland, Los Angeles Times Locations: Edinburgh, Scotland, Wales, England, Inglewood
Watch CNBC's full interview with SoFi's Liz Young Thomas
  + stars: | 2024-06-11 | 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 EmailWatch CNBC's full interview with SoFi's Liz Young ThomasLiz Young Thomas, SoFi head of investment strategy, joins ‘Closing Bell’ to discuss markets, the Fed's decision, the economy, and more.
Persons: SoFi's Liz Young Thomas Liz Young Thomas, SoFi, Bell
How to get there using public transportation: CapMetro, the public transportation provider in Austin, increases service on matchdays and the stadium is generally accessible from most parts of the city. How to get there using public transportation: MARTA, a city-wide rail and bus system, provides two stops on the stadium’s doorstep. @ArrowheadEats is a useful resource on X that tracks all the newest and tastiest options at the Kansas City stadium. How to get there using public transportation: There is no public transportation system to the stadium, so you will need to drive or take a taxi. How to get there using public transportation: Unfortunately, there is little infrastructure to service fans planning to visit the stadium on public transportation.
Persons: Christen Press, Franklin, Matt’s El, won’t, Tom Brady, Gamechanger, Kevin Gillespie, Kanye, West, Lars Magnus Ericsson, Aaron Rodgers, Jerry World, Jerry Jones, Ezequiel Lavezzi, Gonzalo Higuain, Lionel Messi, Ronnie Killen, Hugo’s, Michael Jackson, Jackson, Kauffman, Alex Abnos, you’ve, Guy Fieri, Motley, mixologist Tony Abou, Ganim, Mary, Silver, margarita, Casamigos, Jack, Darren Aronofsky, Wilkinson Sejour, you’re, Pope John Paul II, Borussia, Taylor, John Bradford Organizations: Copa America, Argentina, Mercedes, Benz, Atlanta Falcons, Copa, The Athletic, Austin FC, Angel, Christen, Crown Royal, Amazon, Hopsquad, Metro Red, Atlanta, New England Patriots, LA Rams, Falcons, Kanye West, Georgia Aquarium, Breeze, Philips Arena, CNN Center Station, Canada, United States, Bank of America, Carolina Panthers, Charlotte FC, Ericsson, Bluetooth, Good Samaritan, NASCAR, of Fame, Tours, Stonewall, T, Dallas Cowboys, Packers, Pittsburgh Steelers, Victory Station, Centrepoint, Bolivia, Houston Texans, NFL, Copa America Centenario, Houston Livestock, Astros, Houston’s MLB, Baltimore Orioles, METRORail, NRG, Kansas City Chiefs, Super Bowl, Arrowhead, Kansas City, Chiefs, Oakland Raiders, Seattle Seahawks, MLB, Kauffman, KC Royals, Tampa Bay Rays, Royals, Sporting Kansas City, U.S, MLS, El Capitan, LA Chargers, SoFi, LAX, Getty Center, Universal Studios, Line, Lennox Station, Metro, Express, Las Vegas Raiders, UNLV Rebels, Food Network, Miami Dolphins, Miami Hurricanes, America, Miami Gardens ., South, South Florida Tequesta, Orange Bowl, Miami Carol City, Panama, MetLife, NY Giants, NY Jets, Chelsea, New, NJ, Penn, SEC ”, Inter, Co, Orlando City, Orlando, La Liga club Atletico Madrid ., Stoke, Iron Lion, Borussia Dortmund’s, Disney World, Hogwarts Express, Disney, Star, Hollywood Studios, Falcon, Arizona Cardinals, College Football National, Funk, Brewery, Farm, Cardinals, Costa Rica, San Francisco, Denver Broncos, Scratch, Levi’s, Intel, Great America, VTA Locations: Canada, Atlanta, United States, Copa America, Austin , Texas, USWNT, Nigeria, Texas, Czech, Bulleit, Austin, Celis, matchdays, Venezuela, Jamaica, Costa Rica, Paraguay, Atlanta , Georgia, Argentina, Panama, United, Charlotte, North Carolina, Swedish, American, Arlington , Texas, Arlington, Dallas, Irving, Peru, Chile, States, Houston , Texas, . El, Mexico, Fannin, Colombia, , Kansas City , Missouri, Kansas, Kansas City, Arrowhead, Athletic’s, Uruguay, Mercy, , Kansas City , Kansas, America, Inglewood , California, Inglewood, Los Angeles, Santa Monica, Venice, La Fonda, LA, Hawthorne, Lennox, Brazil, Paradise, Nevada, Vegas, Ecuador, Miami, Florida, Miami Gardens, Versailles, South Florida, East Rutherford , New Jersey, New York City, Secaucus, Bolivia, Orlando, Glendale , Arizona, Arizona, Glendale, Phoenix, Costa, Santa Clara , California, San Francisco 49ers, San Francisco, California’s, Great, Levi’s, Lick
"New media is having a moment here in New York City," Valentino told BI. Related stories"We have a development team pumping out pilots, new concepts, working new concepts," Fallen Media CEO Sol Betesh told BI. Fallen Media's production team optimizes audio and video on a noisy New York City block. Sydney Bradley/Business InsiderNew York City is a main characterFallen Media is a true New York City operation. Villalpando was recently on an episode of Fallen Media's "Bite Me," and Novi was on a recent segment of "Subway Oracle."
Persons: , Michael Valentino, Tiffany Baira, Baira, Valentino, Sol Betesh, Sydney, Davis, Jason Derulo, Michael Bublé, Brian Baumgartner, Taco Bell, they're, Betesh, We'll, Maia Novi, Fabrizio Villalpando, Villalpando, Davis Burleson Organizations: Service, Business, YouTube, Media, MTV, Sydney Bradley, New, Washington, Fallen Media Locations: New York, New York City, influencer, TikTok, Instagram, Novi
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStock market appears strong and nothing 'screams' overbought, says SoFi's Liz YoungLiz Young, SoFi, joins 'Closing Bell' to discuss the bull rally's staying power, the bond market, and her market outlook.
Persons: SoFi's Liz Young Liz Young Organizations: Email
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with SoFi's Liz Young, NB Private’s Shannon Saccocia and Crossmark’s Victoria FernandezSoFi's Liz Young, NB Private’s Shannon Saccocia and Crossmark’s Victoria Fernandez join 'Closing Bell' to discuss the bull rally's staying power, the bond market, and their market outlook.
Persons: SoFi's Liz Young, Shannon Saccocia, Victoria Fernandez, Liz Young
But on June 3, 2023, the two finally made it to the second night of Swift's Eras Tour in Chicago. After almost a year of dating, including attending three more Eras Tour shows together, the two got engaged this past weekend. Advertisement"At an Eras Tour in SoFi, I gave her a friendship bracelet to ask her to be my girlfriend," McCarty said. "I remember that one time you gave me a bracelet," Messinger said in her proposal. They named their dog August after the song, and plan to attend the Eras Tour show in London this summer to celebrate their engagement.
Persons: , Taylor Swift, Kayla McCarty, Kat Messinger, would've, hadn't, McCarty, MaryGrace, Messinger, Kayla McCarty Messinger, Kat, I'd, " McCarty, Swift, Travis Kelce, Taylor, She's Organizations: Service, Business, Yosemite National Locations: Chicago, California, Messinger, Iowa, SoFi, Portland , Oregon, Yosemite, Portland, London
Read previewCompanies are increasingly ditching middle management positions, and it could be millennials who find their jobs are most at risk. While Galvin said the intent of reducing middle management is to streamline communication between employees and senior executives, the impact could be unfairly balanced. AdvertisementMiddle management positions accounted for almost a third of layoffs in 2023, according to an analysis for Bloomberg — an increase from 20% in 2018. It just so happens that a lot of middle managers are millennials. Many current middle managers are also burned out with their teams being downsized, and an increased workload.
Persons: , it's, Lara Milward, Joe Galvin, Vistage, Steven Baert, It's, Galvin, Chris Lovell, Chris, millennials, Lovell, Zers, Milward, Joel Wolfe, HiredSupport, Millennials, Wolfe, Shoshanna Davis, unbossing, Davis, Gen Organizations: Service, Business, Novartis, Gallup, Bloomberg —, Technologies, SoFi Technologies
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRisk appetite is still alive and well in the markets, says SoFi's Liz YoungHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: SoFi's Liz Young, Brian Sullivan, Organizations: CNBC
With average credit card interest rates at 21.59% as of February 2024 per the Federal Reserve, carrying any amount of credit card debt can become costly in a hurry. Can a debt consolidation loan actually make debt worse? "Their credit score tanks, which means they can't get another debt consolidation loan or even a credit card," said Dvorkin. Debt consolidation doesn't solve spending issuesFinancial expert Andrea Woroch points out that debt consolidation may be nothing more than a Band-Aid if you don't identify and fix the poor money management habits that got you into debt in the first place. Some debt consolidation loans have additional risksFinally, remember that some types of loans you can use for debt consolidation have a unique set of risks.
Persons: Howard Dvorkin, they're, Andrea Woroch, Kendall Meade, SoFi, Meade, Anne Lester, Lester Organizations: Federal Reserve, Business, Solutions, Asset Management
Taylor Swift performs onstage during "Taylor Swift | The Eras Tour" at SoFi Stadium on August 09, 2023 in Inglewood, California. At the core of the increasingly common accusation of price gouging is the sense that the consumer is being exploited. Price gouging is in the eye of the bidderGavin Roberts, chair of Weber State University’s economics department and who studies the effect of anti-price gouging laws, said the laws themselves often don’t define what price gouging is. Corporations charging as much as they can, as painful as it may be for consumers, doesn’t mean they’re necessarily price gouging, said Roberts. Steven Suranovic, an economics professor at George Washington University who has also published research on price gouging, sees it differently.
Persons: Emily Miller lucked, Taylor, Miller, Swift, ” Miller, Taylor Swift, Kevin Winter, it’s, , Joe Biden — can’t, we’re, Gavin Roberts, Biden, , Biden hasn’t, ” Biden, Roberts, Steven Suranovic, Martin Shkreli, Shkreli, Price, Trent Sprague, Lyft, Uber, Travis Kalanick, It’s, ” Suranovic, Rafi Mohammed, Stefani Reynolds, Teresa Murray Organizations: New, New York CNN, CNN, Rights, Weber State, Corporations, George Washington University, Turing Pharmaceuticals, LinkedIn, O'Hare International, Chicago Tribune, Tribune, Service, Consumer, Culture, Profit, Getty Locations: New York, Pittsburgh, Cleveland, Inglewood , California, Chicago, New York City, Washington ,, AFP, US
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with SoFi’s Liz Young, JPMorgans’ AJ Oden and Fundstrat’s Tom LeeSoFi’s Liz Young, JPMorgans’ AJ Oden and Fundstrat’s Tom Lee, join 'Closing Bell' to discuss today's PPI report and the Fed's reaction to the data and what it all means for the Fed's next moves.
Persons: SoFi’s Liz Young, JPMorgans ’ AJ Oden, Tom Lee SoFi’s Liz Young, Tom Lee Organizations: PPI
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomy's soft landing isn't looking as soft anymore, says SoFi's Liz YoungSoFi’s Liz Young and JPMorgans’ AJ Oden, join 'Closing Bell' to discuss the markets, today's PPI report and the Fed's reaction to the data and what it all means for the Fed's next moves.
Persons: SoFi's Liz Young SoFi’s Liz Young, JPMorgans ’ AJ Oden Organizations: PPI
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed will have 'a lot higher threshold for pain' in its inflation fight: SoFi's Liz YoungLiz Young, SoFi head of investment strategy, joins 'Squawk Box' to discuss the state of the economy, the Fed's inflation fight, Fed Chair Powell's commentary and the impact on markets, interest rate outlook, and more.
Persons: SoFi's Liz Young Liz Young
The bar is high for the Fed to hike, says SoFi's Liz Young
  + stars: | 2024-05-01 | 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 EmailThe bar is high for the Fed to hike, says SoFi's Liz YoungLiz Young, SoFi, joins 'Closing Bell' to discuss her takeaways from the Fed's meeting and what it means for the market.
Persons: SoFi's Liz Young Liz Young Organizations: Fed
Three-Stock Lunch: Domino's Pizza, SoFi and Carrier Global
  + stars: | 2024-04-29 | 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 EmailThree-Stock Lunch: Domino's Pizza, SoFi and Carrier GlobalQuint Tatro, Joule Financial founder, joins 'Power Lunch' to discuss plays for three stocks including: Domino's Pizza, SoFi and Carrier Global.
Persons: Quint Tatro Organizations: Carrier, Joule Financial, Carrier Global
SoFi Technologies — The consumer fintech company's stock price plunged about 10% on disappointing second-quarter earnings guidance. AT & T — The telecommunications stock popped 2.8% after Barclays upgraded AT & T to overweight from equal weight, citing a "mismatch" between the company's valuation and its growth prospects. Apple — Shares rose more than 3% after Bernstein upgraded the tech stock to outperform from market perform. Dave — Shares popped 9.8% after JMP initiated coverage of the fintech company with an outperform rating. Shares popped 9.8% after JMP initiated coverage of the fintech company with an outperform rating.
Persons: FactSet, Tesla, Domino's, LSEG, Roku, David Joyce, Bernstein, Toni Sacconaghi, Dave —, Dave, AMC preannounced, Bob Bakish, , Sarah Min, Tanaya Macheel, Yun Li, Lisa Kailai Han, Michelle Fox Organizations: Technologies, Elon, Sunday, U.S, Philips —, Philips, Barclays, Seaport Research Partners, Apple, Airlines —, Jeffries, AMC Entertainment Holdings, AMC, Paramount Locations: China, U.S
AT & T : Shares rose more than 2% after Barclays upgraded the telecommunications company to a buy-equivalent rating. Paramount Globa l: Shares rose about 5% on Monday. "This is just the most speculative situation in the world, and if the deal doesn't get together you're going to see a $6 stock," Cramer said. Domino's Pizza : The pizza chain reported better-than-expected quarterly results, which included same-store sales rising 5.6%. "Q2 guide was a little light," Cramer said, noting he still sees uncertainty around the fate of student-loan forgiveness initiatives.
Persons: Jim Cramer's, Jim Cramer, doesn't, Cramer, Russell Weiner, They've Organizations: CNBC, Club, Barclays, Verizon, Paramount, Skydance Media, Lululemon
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMonday’s rapid fire: AT&T, Paramount Global, Domino’s Pizza, SoFi and LululemonCNBC’s Jim Cramer on Monday discussed headlines around five stocks outside the Investing Club portfolio including AT&T and Lululemon.
Persons: Lululemon CNBC’s Jim Cramer Organizations: Paramount Global
Paramount — The entertainment company saw shares climb more than 5% in premarket trading after reports that its board is preparing to fire CEO Bob Bakish as soon as Monday morning. Domino's Pizza — Shares of the pizza chain jumped more than 5% after a first-quarter earnings beat. Domino's reported $3.58 in earnings per share versus the $3.39 expected by analysts polled by LSEG. Southwest Airlines — The airline stock dipped 1.2% after Jefferies downgraded shares to underperform from hold. The company also said it expects box office performance for the second quarter to remain pressured by last year's strikes.
Persons: Bob Bakish, Domino's, Jefferies, Sheila Kahyaoglu, Bernstein, Toni Sacconaghi, , Sarah Min, Yun Li, Michelle Fox, Pia Singh, Jesse Pound Organizations: Paramount, LSEG, Southwest Airlines —, Apple, Barclays, AMC Locations: LSEG ., China
SoFi CEO on Q1 earnings
  + stars: | 2024-04-29 | 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 EmailSoFi CEO on Q1 earningsAnthony Noto, SoFi CEO, joins 'Squawk on the Street' to discuss the stock reaction following the company's quarterly earnings results, Noto's insights on credit quality, and more.
Persons: Anthony Noto Locations: SoFi
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