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My dad owned a wide variety of businesses. My dad worked the grill and made the hot dishes while my mom took customer orders and packed the food. AdvertisementI vouched for my dad at my jobMy dad told me that he still wanted to work after he sold the lease. That's when I thought he could get a job working in the kitchen at the hospital where I worked. I talked to the manager of food services at my hospital and asked if they'd give my dad a job in the kitchen.
Persons: he'd, Ryu, Grace Ryu, , He's, they'd, I'd, he's, I've, She's Organizations: Service, Business Locations: Maryland, Baltimore, Ocean City, California, America
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia valuation based on expectations that it can do no wrong, says NYU's Aswath DamodaranAswath Damodaran, NYU professor of finance, joins 'Squawk on the Street' to discuss his views on Fed commentary, Nvidia, AI hype, and more.
Persons: NYU's, Damodaran Organizations: NYU
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMay will be a month that determines how returns for the year will look: NYU's Aswath DamodaranAswath Damodaran, NYU professor of finance, joins 'Closing Bell' to discuss whether big tech is overvalued, his market outlook, and more.
Persons: Damodaran Organizations: NYU
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInflation is going to drive the market not the Fed, says NYU's Aswath DamodaranAswath Damodaran, NYU professor of finance, joins 'Closing Bell' to discuss the stock pullback, inflation impact and tomorrow's CPI report.
Persons: NYU's, Damodaran Organizations: NYU, CPI
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email47% of CNBC All-America Economic Survey respondents support a TikTok ban or saleCNBC's Steve Liesman, Yale University lecturer Joanne Lipman and NYU's Center For Social Media and Politics co-director Josh Tucker join 'Squawk Box' to discuss the latest results from CNBC's All-America Economic Survey on the fight over TikTok, the impact of a possible forced sale or nationwide ban, and more.
Persons: Steve Liesman, Joanne Lipman, Josh Tucker, TikTok Organizations: CNBC, America Economic, Yale University, NYU's, Social Media, Politics, America Economic Survey
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLabeling market sectors as bubbles cuts off possibility of 'healthy conversation': NYU's DamodaranHosted 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: Brian Sullivan, Organizations: CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia's AI pathway is not as easy or open to profits as markets assume, says NYU's DamodaranAswath Damodoran, NYU Stern School of Business professor, joins 'Closing Bell' to discuss what happens now with equity markets, if the valuation for Nvidia wasn't as overstretched as initially thought, and how investors should view Nvidia's stock now.
Persons: NYU's, Damodoran Organizations: NYU Stern School of Business, Nvidia wasn't
Quiet luxury was everywhere at Badgley Mischka's runway show during New York Fashion Week. A model walks the Badgley Mischka runway during New York Fashion Week. Advertisement"I'm always quiet luxury," she said while pointing to her Cartier glasses, which were a gift from her daughter Jordyn. Elizabeth Woods attends the Badgley Mischka runway show during New York Fashion Week. "I'm from Connecticut, where quiet luxury is the thing, so I just see so much that I'm over it."
Persons: , Badgley Mischka, Kelly Rutherford, Jonathan Cheban, Adrienne Bailon, Houghton, Rian, Mark Badgley, James Mischka —, it's, Amanda Krause, Daisy Marquez, Elizabeth Woods, Jordyn Woods, doesn't, Cartier, Jordyn, Hailey Bieber's, Thomaï, You've, Gen, Sofia Richie, Jeremy Moeller, Molly Farrell, Savage, Eva Marcille, Marcille Organizations: New York, Service, Starrett, Lehigh, York, NYU's Stern School of Business, Housewives, Atlanta Locations: New, New York City, Rhode, I'm, Connecticut
New York University's Aswath Damodaran said Nvidia is overpriced, even when compared with the rest of the so-called " Magnificent Seven " companies. "And today's prices, I mean, all of the stocks looked overpriced, but I think Nvidia stands out as particularly overpriced." NVDA 1D mountain Nvidia Nvidia is one of the seven stocks that have continued to rise as a group in 2024 after leading the S & P 500 in 2023. Together, the seven stocks are up about 9% for the year. Instead, Damodaran favors Apple and Tesla in the Magnificent Seven group of companies, saying they are more attractive after their recent declines.
Persons: Aswath Damodaran, Damodaran, CNBC's, it's, Tesla, Chris Verrone, Michael Bloom Organizations: Nvidia, Nvidia Nvidia, Microsoft, Tesla, Apple Locations: York
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAll of the 'Mag 7' stocks look overpriced, says NYU's Aswath DamodaranAswath Damodaran, NYU professor of finance, joins 'Closing Bell' to discuss the high prices of the ‘Magnificent 7’.
Persons: NYU's, Damodaran Organizations: NYU
Investors have an attractive entry point for Li Auto after a recent sell-off, said Deutsche Bank. His new target implies shares can surge 46.4% over the next year from Monday's closing level. LI KWEB 3M mountain Li Auto vs. the ETF, 3-months This underperformance comes despite Li having a "best-in-class" management team, the analyst said. Yu noted he used a lower multiple for Li Auto given the broader de-rating across Chinese ADR shares and global electric vehicle makers. Li shares popped more than 6% in early trading Tuesday.
Persons: Li, Edison Yu, Yu, Yu's Organizations: Li Auto, Deutsche Bank, CSI China Internet, Li Locations: U.S, China, Shanghai
County lawyers had urged approval of the settlement in a letter to the board, the station said. In 2020, it won a five-year, $2.9 million contract with LA County for software to track election worker schedules, training, payroll and communications. Yu sued the county, alleging that District Attorney George Gascón had targeted him based on allegations of conspiracy theorists and election deniers. “Plaintiffs alleged Mr. Yu’s arrest and the seizure of Konnech’s property was without probable cause and a violation of Mr. Yu’s civil rights causing damage to Konnech’s business and Mr. Yu’s reputation,” according to the letter by the county lawyers. In legal filings for the lawsuit, Yu noted that Los Angeles County continues to use Konnech's services and is, in fact, its largest customer.
Persons: Eugene Yu of, Konnech, Yu, George Gascón, wasn't, Dean Z, , Mr, Gregg Phillips Organizations: ANGELES, Konnech Corp, LA, LA County, Attorney's Office, Associated Press, Attorney's, Chinese Communist Party, New York Times, Attorney’s Locations: Los Angeles County, Eugene Yu of Michigan, East Lansing , Michigan, Michigan, United States, China, Angeles, North America
The market is overvalued by 9-10%, says NYU's Aswath Damodaran
  + stars: | 2024-01-16 | 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 market is overvalued by 9-10%, says NYU's Aswath DamodaranAswath Damodaran, NYU Stern School of Business, joins 'Closing Bell' to discuss whether he reasoning for the market being overvalued
Persons: NYU's, Damodaran Organizations: NYU Stern School of Business
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementEven students who have gone megaviral for acceptance videos showing they got into multiple Ivy League schools called social media a major stressor. Schools are rethinking their admissions processes amid a glut of applicantsAn exponential increase in applications has benefited schools financially and reputationally. "A lot of these schools are making so much money from these application fees, which are $80, $90," Rim said. AdvertisementAnd as the game gets more and more competitive year after year, students know they must rise to untold challenges.
Persons: , Christopher Rim, Rim, It's, Steve Gardner, Gardner, Grant Tucker, Grant Tucker Gardner, Olivia Zhang, Zhang, Kyungyong Lim, Tucker, Tucker's, Oliva Zhang, they've, Lim, who's, it's, " Tucker Organizations: Service, Command, New York City, Hamptons, Rim, Business, Ivy League, New York University, Northeastern, Babson, NYU, MIT, Yale, Facebook, Harvard, Duke, Cancer, Olympic, . News Locations: Asia, Christopher, New, yesteryear, Georgetown, Harvard merch, Jacksonville , Florida
In 2019, a non-governmental organization set up the camp's health post where Aliyu's ninth child, Hauwa, was delivered in 2021. "There are no special arrangements for pregnant women in IDP and refugee camps [in Nigeria]. But for most of the 64 women recorded in the camp's birth register this year, these costs are prohibitive. Nigeria's Federal Ministry of Health oversees health for the country (including provisions provided by the Commission). He tells CNN: "Women's Health services were prioritized and featured strongly in the programs designed to the needs of internally displaced women."
Persons: Aisha Aliyu, Abba, Aliyu, Aisha, Liyatu Ayuba, Ayuba, Fatima Mahmood Jibirilla, Isa Umar, Umar, they've, doesn't, Dr Charles Nzelu, Dolapo Fasawe, Fasawe, Nzelu, Iko Ibanga, Osagie, Ehanire, Ibanga Organizations: CNN, Walden University, Camp, Camp Management, Aliyu, Nigeria's Federal Ministry of Health, Commission for Refugees, Migrants, Commission, antenatal, Capital Territory, Territory's, Environmental Services, FCT Health Services, Federal Ministry of Health, Ministry, Pro Health, Federal Capital Territory, Health, Pro Health International, Union, National Primary Health Care Development Agency, Ministry of Health, National Assembly Locations: Abuja, Nigeria, Nigeria's, Wala, Borno State, Maiduguri, Haram, Durumi, Africa, Nigerian, Borno, Adamawa
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market doesn't seem egregiously overvalued into 2024, says NYU's Aswath DamodaranAswath Damodaran, NYU Stern School of Business professor, joins 'Closing Bell' to discuss the rally's staying power and more.
Persons: NYU's, Damodaran Organizations: NYU Stern School of Business
NEW YORK, Nov 14 (Reuters) - New York University (NYU) was sued on Tuesday by three Jewish students who accused the school of creating a hostile environment in which Jewish students are subjected to pervasive antisemitic hatred, discrimination, harassment and intimidation. They also said Jewish students' complaints are "ignored, slow-walked, or met with gaslighting" by NYU administrators including Linda Mills, who became president in July. According to the complaint, Mills this month dismissed a petition from 4,000 NYU members expressing concern about antisemitism, saying the problem had been blown "out of proportion" and chiding Jewish students as "alarmist." "NYU's deliberate indifference toward the plight of its Jewish students under siege by egregious antisemitism has been outrageous," Marc Kasowitz, a lawyer for the plaintiffs, said in a statement. The case is Ingber et al v New York University, U.S. District Court, Southern District of New York, No.
Persons: Bella Ingber, Sabrina Maslavi, Saul Tawil, Hitler, Linda Mills, Mills, Tawil, Maslavi, Marc Kasowitz, Jonathan Stempel, Bill Berkrot Organizations: New York University, NYU, Hamas, Jewish, U.S, Court, Southern District of, Thomson Locations: Manhattan, Israel, Southern District, Southern District of New York, New York
Editor’s note: A version of this story appeared in CNN’s Wonder Theory science newsletter. Also this week, a new telescope opened our eyes to a fresh perspective of the universe. ESAThe first five images captured by the Euclid telescope showcase glimmering clusters of galaxies and stars. The telescope, launched in July, was designed to create the most detailed 3D map of the hidden “dark side” of the universe. Sign up here to receive in your inbox the next edition of Wonder Theory, brought to you by CNN Space and Science writers Ashley Strickland and Katie Hunt.
Persons: James Webb, Chandra, Lucy, Campi, Alessandro Carboni ​, Alessandro Carboni, Tibor Litauszki, Galatée, Farouk El, Baz, Yardangs, Leif Ristroph, Ristroph, Koji Murata, Andy Murray’s, Ashley Strickland, Katie Hunt Organizations: CNN, Orion, ESA, Hemisphere, New York University’s Courant, Mathematical Sciences, ” Kyoto, CNN Space, Science Locations: Italy, Naples, Capri, Ischia, Bay, Hungarian, Europe, New York, Sardinia, China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI assume Instacart will maintain market share of online grocery, says NYU's Aswath DamodaranAswath Damodaran, NYU Stern School of Business professor, and CNBC's Bob Pisani join 'The Exchange' to discuss the health of the IPO market, Instacart's valuation, and more.
Persons: NYU's, Damodaran, Bob Pisani Organizations: NYU Stern School of Business
James is recovering well from the dual transplant last May and the donated eye looks remarkably healthy. Whatever happens next, James' surgery offers scientists an unprecedented window into how the human eye tries to heal. The hurdle is how to regrow the optic nerve, although animal studies are making strides, Goldberg added. James’ optic nerve clearly hasn't healed. Yet when light was flashed into the donated eye during an MRI, the scan recorded some sort of brain signaling.
Persons: Aaron James ’, James, ” James, there’s, , “ We’re, Eduardo Rodriguez, Rodriguez, James ’, Jeffrey Goldberg, Goldberg, ” Goldberg, Allie, , Meagan James, Vaidehi Dedania, Steven Galetta, David Klassen, “ we’re Organizations: — Surgeons, NYU Langone Health, NYU, Associated Press, Stanford University, United Network, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Springs , Arkansas, U.S
Chen Shaojie, the CEO of Chinese streaming platform DouYu, has been missing for weeks, reports indicate. A DouYu spokesperson told CNN that "business operations remain normal." NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementThe CEO of DouYu, a Tencent-backed live-streaming platform, has been uncontactable for weeks, according to reports from several media outlets. State-owned Cover News, citing unconfirmed reports, first reported on Monday that CEO Chen Shaojie, 39, is being investigated by authorities and has been unreachable for three weeks.
Persons: Chen Shaojie, Chen, , DouYu, Jack Ma, Bao Fan, Bao, Hui Ka Yan, China Evergrande, Hui Organizations: CNN, Service, Financial Times Locations: State, China, People's Republic of China
Now, a new study offers evidence to suggest that theory might be plausible, according to a news release from New York University. … Our experiments could add to the understanding of how these yardangs form,” he said. More on the mysterious Great Sphinx originsWhile the Great Sphinx of Giza has its mysteries — what it originally looked like and why it was made — it is believed that the 66-foot-tall (20-meter-tall) statue was carved out of a single piece of limestone. “There is too much evidence of human intervention in the construction of the Great Sphinx to make the yardang theory feasible,” Ikram said. The New York University researchers said their results suggest that Sphinx-like structures can form under fairly commonplace conditions, but their findings don’t resolve the mysteries behind yardangs and the Great Sphinx.
Persons: CNN —, Farouk El, Baz —, , Leif Ristroph, Ristroph, Baz, Ronald Greeley, Salima Ikram, Ikram, “ It’s, ” Ristroph Organizations: CNN, New York University, Laboratory, New York University’s Courant, Mathematical Sciences, , Lions, Smithsonian, El, Mathematics Laboratory, Mathematics, American University, The New York University Locations: New York, El, Cairo
U.S. officials visiting South Africa this week to meet African trade ministers will face calls to reauthorise the African Growth and Opportunity Act (AGOA) which expires in 2025. Apparel companies and industry insiders warn that Africa risks a once-in-a-generation shift away from Chinese manufacturing passing it by, with an estimated 240,000 to 290,000 jobs such as Nasimiyu's under threat. Apparel has been the standout success story of AGOA, which launched in 2000 to help develop African economies and foster democracy. African apparel exports under the programme reached nearly $1.4 billion last year, double the amount pre-AGOA. "We've been struck by how open the opportunity is now for us," South African Trade Minister Ebrahim Patel said last week.
Persons: Norah Nasimiyu, Thomas Mukoya, Pankaj Bedi, Norah Nasimiyu's, We've, Ebrahim Patel, Stephen Lamar, Michael Walsh, Constance Hamilton, Biden, Greg Poole, Bedi, Joe Bavier, Duncan Miriri, Alexander Smith Organizations: United Aryan, Processing, The U.S, REUTERS, U.S . Congress, AFRICA Industry, African Trade, United States Fashion Industry Association, American Apparel and Footwear Association, Congress, Research, U.S . International Trade Commission, GSP, UAL, Thomson Locations: Ruaraka district, Nairobi, Kenya, China, NAIROBI, U.S, South Africa, Africa, Philadelphia, Moscow, Beijing, Russia, Lesotho, Madagascar, Ethiopia, AGOA, gridlock, United States, Johannesburg
The largest oil and gas producers in the United States see a long pathway for oil demand," Cahill told CNBC. "There's a major difference between what the big oil companies believe the future of oil is and the governments around the world." "The large companies — nongovernment companies — do not see an end to oil demand any time in the near future. Oil and gas are relatively cheap and easy to move around, particularly in comparison with building new clean energy infrastructure. "By the way, that means the large financial oil companies will be able to weather that environment better than the smaller companies."
Persons: Cahill, Ben Cahill, Goldstein, Larry J, Birol, Fatih Birol, Shon Hiatt, Hiatt, Marianne Kah, Kah, Amy Myers Jaffe, Jaffe Organizations: CNBC, Center for Strategic, International Studies, Petroleum Industry Research Foundation, Energy, Research Foundation, Chevron, Exxon, International Energy Agency, IEA, USC Marshall School of Business ., Columbia University's Center, Global Energy, ConocoPhillips, New York University, Climate Justice, Sustainability, NYU's School, Professional Studies, Exxon Mobil Locations: United States, Africa, Asia, America, U.S, Russia, Venezuela, Iran
An NYU student filmed taking down posters of hostages was an intern for the Anti-Defamation League. AdvertisementAdvertisementAn NYU student who was caught on video tearing down posters of Israeli hostages previously interned with the Anti-Defamation League, a Jewish NGO that combats antisemitism and extremism, the organization confirmed. The woman, a junior at NYU, took accountability for the incident but attributed her actions to "misplaced anger," The New York Post reported. The student took to her Instagram account to apologize, where she detailed the challenges she faced as a biracial woman and claimed that that contributed to her frustration and anger. A spokesperson for the law school told Insider: "The Law School cannot comment on a confidential personnel matter."
Persons: , Beth J Organizations: NYU, Defamation League, Tisch Hall, Service, New York Post, NYU's Tisch Hall, ADL, Muslim Youth Leadership, for Youth, College Hall, University of Pennsylvania, AP, Carey Law School, University of California Locations: Israel, Gaza, University of California Santa Cruz
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