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☆ Fake News Reports and Videos Seek to Undermine the Paris Olympics
▼ + stars: | 2024-06-03 | by ( Julian E. Barnes | Steven Lee Myers | ) www.nytimes.com time to read: 1 min

With its athletes barred from competing in the Summer Olympics under the country’s flag, Russia has turned its fury on the Games and this year’s host, Paris. Russian propagandists have created an hourlong documentary, spoofed news reports and even mimicked French and American intelligence agencies to issue fake warnings urging people to avoid the Games, according to a report released on Sunday by Microsoft. The report details the disinformation campaign created by a group the company calls Storm-1679. The campaign appears to have accelerated since March, flooding social media with short videos raising alarms about possible terrorist attacks and stoking fears about safety. The operation, while aimed at the Games, is using various techniques to spread disinformation that could also be employed in European and U.S. elections.

Organizations: Games, Microsoft, Storm Locations: Russia, Paris, American

☆ Salesforce is the most oversold stock on Wall Street amid a losing week for the markets
▼ + stars: | 2024-05-31 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Dow member Salesforce dropped about 19% during the week, which made it the most oversold stock in the market. With this in mind, CNBC Pro screened for the most overbought and oversold stocks on Wall Street as measured by their 14-day relative strength index, or RSI. Stocks with a 14-day RSI below 30 are considered oversold, suggesting shares may be due for a comeback. On the other hand, a 14-day RSI higher than 70 indicates a stock is overbought and may soon pull back. Biopharmaceutical company Bristol-Myers Squibb was the second-most oversold stock of the week.

Persons: Salesforce, Goldman Sachs, Morgan Stanley, Myers Squibb, Meyers, Ralph Lauren Organizations: Federal, Nasdaq, Dow Jones, Dow, Investors, CNBC Pro, Wall Street, LSEG, Meyers Squibb, Tech, HP Locations: Bristol

☆ Europe Banned Russia’s RT Network. Its Content Is Still Spreading.
▼ + stars: | 2024-05-30 | by ( Tiffany Hsu | Steven Lee Myers | ) www.nytimes.com time to read: +1 min

There, a recent article belittled an international warrant to arrest Russia’s president, Vladimir V. Putin, for war crimes. It repeated, word for word, an article that had appeared a day before under a different byline on the website for RT, Russia’s global television network. RT, which the U.S. State Department describes as a key player in the Kremlin’s disinformation and propaganda apparatus, has been blocked in the European Union, Canada and other countries since Russia invaded Ukraine in 2022. Sites like Man Stuff News, however, have helped RT sidestep the restrictions and continue reaching European and American audiences, according to a new report. Many of the articles were then further disseminated through social media.

Persons: Beard, Labor ”, ”, Vladimir V, Putin, Alex Jones Organizations: Labor, RT, U.S . State Department, European Union, German Marshall Fund, University of Amsterdam, Institute for Strategic, San, San Francisco Telegraph Locations: Canada, Russia, Ukraine, San Francisco

☆ Once a Sheriff’s Deputy in Florida, Now a Source of Disinformation From Russia
▼ + stars: | 2024-05-29 | by ( Steven Lee Myers | ) www.nytimes.com time to read: 1 min

A dozen years ago, John Mark Dougan, a former deputy sheriff in Palm Beach County, Fla., sent voters an email posing as a county commissioner, urging them to oppose the re-election of the county’s sheriff. He later masqueraded online as a Russian tech worker with a pseudonym, BadVolf, to leak confidential information in violation of state law, fooling officials in Florida who thought they were dealing with a foreigner. He also posed as a fictional New York City heiress he called Jessica, tricking an adviser to the Palm Beach County Sheriff’s Office into divulging improper conduct by the department. “And boy, did he ever spill ALL of the beans,” Mr. Dougan said in a written response to questions for this article, in which he confirmed his role in these episodes.

Persons: John Mark Dougan, Jessica, Mr, Dougan Locations: Palm Beach County, Fla, Russian, Florida, New York City, Beach

☆ Nvidia not overvalued despite low forward P/E and market cap, says DataTrek's Nick Colas
▼ + stars: | 2024-05-29 | 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 EmailNvidia not overvalued despite low forward P/E and market cap, says DataTrek's Nick ColasSean Myers, assistant professor of finance at the Wharton School, and Nicholas Colas, co-founder at DataTrek Research, join CNBC's 'The Exchange' to discuss Nvidia's valuation, how much weight to give P/E ratios, and more.

Persons: Nick Colas Sean Myers, Nicholas Colas, CNBC's Organizations: Nvidia, Wharton School, DataTrek Research

☆ Lightning Round: Apple is a buy here, says Jim Cramer
▼ + stars: | 2024-05-28 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Apple is a buy here, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Datadog, Axcelis Technology, Tegna, Apple, Novo Nordisk, Bristol-Myers Squibb and more.

Persons: Jim Cramer Organizations: Axcelis Technology, Apple, Novo Nordisk, Myers Squibb Locations: Bristol

☆ Cramer's Lightning Round: Apple is a buy
▼ + stars: | 2024-05-28 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Datadog's year-to-date stock performance. Stock Chart Icon Stock chart icon Axcelis Technologies' year-to-date stock performance. Stock Chart Icon Stock chart icon Tegna's year-to-date stock performance. Stock Chart Icon Stock chart icon Bristol-Myers' year-to-date stock performance. Stock Chart Icon Stock chart icon Palantir's year-to-date stock performance.

Persons: Let's, Myers, Rowe Price's, Rowe Price Organizations: Technologies, Axcelis Technologies, Novo, Novo Nordisk, Bristol, Myers, Pfizer Locations: Bristol

☆ The 50 best places to live in the US, mapped
▼ + stars: | 2024-05-26 | by ( Noah Sheidlower | Jordan Pandy | ) www.businessinsider.com time to read: +4 min

The 2024 U.S. News & World Report list of the Best Places to Live in the US, which was released Tuesday, ranks 150 major cities based on their quality of life, education, crime rates, employment opportunities, and housing. Business Insider mapped the top 50 best places to live, with the top 15 colored dark blue. Southeastern Florida cities like Miami and Fort Lauderdale normally get most of the love from movers outside the state — or even the country. But this year, it's the western part of the peninsula that's well-represented on the list of best places to live. Many have been moving to Arizona, Florida, Texas, and Washington, citing factors such as high home prices, the climate crisis, and politics.

Persons: —, Fort, Austin Organizations: Service, U.S . News, Places, Business, Sunshine State, Fort Collins, Council for Community, Economic Research, State Locations: U.S, Florida , Colorado, North Carolina, Northeast, Southwest, Florida, Colorado, Naples, Sarasota, Pensacola , Tampa, Fort Myers, Melbourne, Naples , Florida, Boise , Idaho, Southeastern Florida, Miami, Fort Lauderdale, Tampa, Colorado Springs, Boulder, Denver, Tennessee, South Carolina, Kentucky, Georgia, Alabama, Buffalo , Pittsburgh, Portland, Davenport , Iowa, Omaha, Lincoln, Texas, California, Austin, McAllen, McAllen , Texas, Francisco, San Diego . Washington , Oregon , Idaho , Nevada, Utah, Arizona , Florida , Texas, Washington

☆ A corner of the cancer therapy market is heating up—Here are the names investors need to know
▼ + stars: | 2024-05-23 | by ( Michelle Fox | ) www.cnbc.com time to read: +8 min

A $25 billion market Meanwhile, RBC Capital Markets sees a $25 billion market opportunity for the space. A name Jones likes is Perspective Therapeutics , which he rates outperform. CATX 1Y mountain Perspective Therapeutics year to date Cantor Fitzgerald is also bullish on the name. So it's really an ideal profile," said Piper Sandler analyst Edward Tenthoff, who doesn't cover Perspective Therapeutics. Then there is Lantheus Holdings , which calls itself a radiopharmaceutical-focused company and has a $5.6 billion market cap.

Persons: There's, Eli Lilly, Myers, Jefferies, Andrew Tsai, radiopharma, Oppenheimer, Jeff Jones, FactSet, William Blair, Read, — it's, Andy Hsieh, Gregory Renza, Jones, Cantor Fitzgerald, Louise Chen, it's, Piper Sandler, Edward Tenthoff, Dan Lyons, Janus Henderson, Lantheus, Roanna Ruiz Organizations: Novartis, pharma, Mariana Oncology, Myers Squibb, AstraZeneca, Fusion Pharmaceuticals, RBC Capital Markets, TRT, Therapeutics, Alpha, Janus, Janus Henderson Investors, Lantheus Holdings, Lantheus, Leerink, ~$ Locations: Biopharma, Bristol, Mariana, radiopharma, New Jersey

☆ How the US Navy's Virginia-class attack submarine gives the US an edge in global undersea superiority
▼ + stars: | 2024-05-23 | by ( Kris Osborn | ) www.businessinsider.com time to read: +6 min

The Navy's Virginia-Class: The best submarine of all timeThe Virginia-class attack submarine USS Virginia returns to Naval Submarine Base New London after her maiden six-month deployment. Given these and other variables, Virginia-class submarines are becoming increasingly critical to clandestine "intel" missions in high-risk areas. Virginia-class vs. Kilo-class submarinesFuture Virginia-class attack submarine PCU Idaho during a christening ceremony at General Dynamics Electric Boat shipyard facility in Groton, Connecticut. Attack submarines as "intel spy" submarinesThe Virginia-class fast-attack submarine USS Indiana surfaces in the Beaufort Sea during Operation Ice Camp. This can increase the speed of maneuverability and an attack submarine's ability to quickly shift course, change speed, or alter depth positioning when faced with an attack.

Persons: —, Steven Myers, John Narewski Block, Foster, Alexander Yachanin Organizations: Service, Pentagon, US Navy, Business, Naval Submarine Base, intel, General Dynamics Electric, Intelligence, Camp, Stanford University, Nuclear, Electronics, Brandon Holland, United States Submarine Force, Special Operations Forces, Tomahawk, Forces Locations: Navy's Virginia, Virginia, London, South Dakota, Idaho, Groton , Connecticut, Indiana, Beaufort, Los Angeles, The Virginia, Mississippi, Yokosuka

Another group recently compared messages translated by humans and A.I. A Democratic firm tested four versions of a voice-over ad — two spoken by humans, two by A.I. The era of artificial intelligence has officially arrived on the campaign trail. With less than six months until the 2024 election, the political uses of A.I. The Biden campaign said it has strictly limited its use of generative A.I.

Persons: Biden, Trump Organizations: Democratic Locations: Mississippi

☆ This up-and-coming cancer treatment could be a $25 billion market opportunity — it's already a hotbed for M&A
▼ + stars: | 2024-05-23 | by ( Michelle Fox | ) www.cnbc.com time to read: +7 min

RBC Capital Markets sees a $25 billion market opportunity for the space. The average analyst rating is hold, with 8% upside to the average analyst price target, according to FactSet. Eli Lilly has an average analyst rating of overweight and 8.3% upside to the average analyst price target, according to FactSet. Stock Chart Icon Stock chart icon AstraZeneca's one-year performanceAstraZeneca shares have an average analyst rating of overweight and nearly 6% upside to the average analyst price target, according to FactSet. Stock Chart Icon Stock chart icon Bristol-Myers Squibb's one-year performance

Persons: It's, Gregory Renza, Renza, Oppenheimer, Jeff Jones, Piper Sandler, Edward Tenthoff, Eli Lilly, Dan Lyons, Janus Henderson, Myers Squibb, William Blair, Matt Phipps, Jefferies, Andrew Tsai, They've, Janus Henderson's Lyons, Jones, Piper Sandler's Tenthoff, Myers Organizations: pharma, RBC Capital Markets, TRT, Novartis, Mariana Oncology, Janus, Janus Henderson Investors, Bristol, RayzeBio, Karuna Therapeutics, AstraZeneca, Fusion Pharmaceuticals, GlobalData's Pharma Intelligence, Pluvicto Locations: Mariana, Bristol

☆ Drone captures major damage from tornado in Iowa
▼ + stars: | 2024-05-21 | by ( Chad Myers | ) edition.cnn.com time to read: 1 min

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☆ 'Quiet wealth' takes on new meaning with super-private deals for mansions, art and classic cars
▼ + stars: | 2024-05-17 | by ( Robert Frank | ) www.cnbc.com time to read: +6 min

While public auction sales are declining in the art world, private sales — done behind closed doors between discreet buyers and sellers — are growing. Classic cars are also seeing a shift to private sales, especially with the most expensive and rare models. But its newly formed RM Sotheby's private sales division has seen its sales more than quadruple over the past four years, according to Shelby Myers, global head of private sales for RM Sotheby's. The rise in private sales for classic cars, art, real estate and other markets is being driven by social media, technology and cooling prices for collectibles. "They're leaving money on the table," said real estate broker Noble Black of Douglas Elliman.

Persons: Robert Frank, Phillips, Christie's, Mark Rothko, Ken Griffin, Ferraris, Shelby Myers, We've, Myers, Patrick Dovigi's, Steve Wynn, Thomas Peterffy —, Douglas, Ernie Carswell, Carswell, He's, Noble Black, Douglas Elliman Organizations: Christie's, CNBC, Sotheby's, Hamptons, Malibu , Bel Air, Beverly Locations: Sotheby's, Christie's, Manhattan, Malibu, Aspen, Palm, Manhattan's Greenwich, Palm Beach, Los Angeles, New York, Eastern, Palm Springs, Malibu ,

☆ Russian Disinformation Videos Smear Biden Ahead of U.S. Election
▼ + stars: | 2024-05-15 | by ( Julian E. Barnes | Steven Lee Myers | ) www.nytimes.com time to read: +1 min

Last month, a video began circulating on social media purporting to tell the story of an internet troll farm in Kyiv targeting the American election. Speaking in English with a Slavic accent, “Olesya” offers a first-person account of how she and her colleagues initially worked in support of President Volodymyr Zelensky of Ukraine. Then, she says, after a visit by mysterious Americans who were “probably C.I.A.,” the group began sending messages to American audiences in support of President Biden. “We were told our new target was the United States of America, especially the upcoming elections,” the woman in the video says. U.S. officials say the video is consistent with Russian disinformation operations as internet warriors aligned with Russia appear to be honing their strategy.

Persons: Volodymyr Zelensky, Biden, “, Donald Trump Locations: Kyiv, Ukraine, United States of America, Russia

☆ Honey, I Love You. Didn’t You See My Slack About It?
▼ + stars: | 2024-05-12 | by ( Erin Griffith | ) www.nytimes.com time to read: +1 min

Ben Lang didn’t expect to get so much hate just for being organized. For the past three years, he and his wife, Karen-Lynn Amouyal, have been using Notion, a popular software tool, to optimize their household and relationship. More unusual is a section Mr. Lang, a venture capital investor who previously worked at Notion, created about principles (“what’s important to us as a couple”). Another section, called “Learnings,” outlines things the couple have discovered about each other, such as their love languages and Myers-Briggs test results. Mr. Lang, 30, was so proud of the creation that last month, he started promoting a template of the setup to others.

Persons: Ben Lang didn’t, Lynn Amouyal, Lang, Briggs, “, ” Organizations: Google

☆ Missed the dazzling northern lights show? You might get another chance Saturday night
▼ + stars: | 2024-05-11 | by ( Ramon Sanchez | Ray Sanchez | ) edition.cnn.com time to read: +6 min

Carlos Avila Gonzalez/San Francisco Chronicle/Getty Images The northern lights shine in the night sky above the Molenviergang in Aarlanderveen, the Netherlands, early May 11. Alexey Malgavko/Reuters The northern lights are seen in a rural area west of Fort Lauderdale, Florida, on Friday, May 10. Courtesy Luke Culver People photograph the northern lights from Whitley Bay, England, on May 10. Courtesy Jan Reed The northern lights glow in the night sky in Brandenburg, Germany, on May 10. Increased solar activity causes auroras that dance around Earth’s poles, known as the northern lights, or aurora borealis, and southern lights, or aurora australis.

Persons: Chad Myers, it’ll, Alastair Johnstone, Andrew Chin, Sanka Vidanagama, Carlos Avila Gonzalez, Josh Walet, Robert Nemeti, Jean, Christophe Bott, Max Slovencik, Alexey Malgavko, Luke Culver, Ian Forsyth, Robert F, Geoff Robins, Rich, Jan Reed, Patrick Pleul, Jenny Kane, Adam Vaughan, Jacob Anderson, Peter Byrne, Biden, it’s, Dr, Hakeem Oluseyi, Bill Nye, Guy, ”, “ Organizations: CNN, National Oceanic, Prediction, Midwest, Getty, San Francisco Chronicle, Keystone, AFP, Luke Culver People, Rockies, National Weather Service Locations: Alabama, Ohio, Pacific Northwest, North America, Gulf, ”, Sheffield, England, Manning, British Columbia, Christchurch , New Zealand, AFP, Berryessa , California, Aarlanderveen, Netherlands, Debrad, Slovakia, Anadolu, Le, Dessous, Switzerland, Vienna, Siberian, Tara, Russia's Omsk, Fort Lauderdale , Florida, Whitley Bay, Brunswick , Maine, London , Ontario, Ontario, Tennessee, Washington, Memphis , Tennessee, Rich Hill , Missouri, Brandenburg, Germany, Estacada , Oregon, Cumming , Georgia, Crosby , England, Edinburgh, Scotland, Crosby Beach, Liverpool, Texas, Coast, Sweden, South Africa, United States

☆ Home prices are falling in parts of Florida and Texas as buyers tap out and supply outpaces demand
▼ + stars: | 2024-05-09 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Home prices are falling in parts of Florida and Texas even as they soar nationally. Sale prices only dropped in 15 of 221 metro areas last quarter, and five were in those states. High prices, steeper mortgage rates, and supply catching up with demand help explain the declines. AdvertisementHome prices are falling in parts of Florida and Texas as buyers tap out and supply catches up with demand. AdvertisementThe takeaway is that a combination of sky-high prices, steeper mortgage rates and other costs like insurance squeezing buyers' budgets, and supply catching up with demand has resulted in prices flatlining or falling in parts of Florida and Texas, bucking the national trend.

Persons: —, Fort Myers, Redfin, Coral Organizations: Service, National Association of Realtors, Fort, Fort Walton, Austin, Rock, NAR, Panama City, Homeowners, Federal Locations: Florida, Texas, Panama City, Crestview, Fort, San Antonio, New Braunfels, Lac , Wisconsin, Illinois, Kankakee, Rockford, Champaign, Urbana, Austin, Panama

☆ Wall Street Cruel Summer: Stock Market Crash, Inflation Ends Vacation
▼ + stars: | 2024-05-05 | by ( Linette Lopez | ) www.businessinsider.com time to read: +12 min

Inflation canceled that, and now it's almost certain that Wall Street's summer is canceled, too. That means Wall Street's fantasies of decamping to the Hamptons for the summer have shattered. You can see why this tug-of-war will keep Wall Street on its toes and off Georgica Beach. There is a certain set on Wall Street that does not get to "rosé all day" on Hamptons summer water when currencies trade that way. The simplicity that Wall Street hoped for is one of the few options that's no longer on the table.

Persons: —, Justin Simon, decamping, Jerome Powell, opportunistically, Jamie Dimon, Torsten Slok, Slok, Powell, we'd, David Lefkowitz, dory, McDonald's, Silas Myers, Wall, Zuck, Simon, they're, it's Organizations: Federal Reserve, Jasper Capital, Nasdaq, Hamptons, JPMorgan, Fed, Pepsi, Mar Vista Investments, Wall, Nvidia, Tesla, Microsoft, Meta, Apple, EU Locations: Georgica, Japan

☆ Attack on U.C.L.A. Encampment Stirs Fears of Clashes Elsewhere
▼ + stars: | 2024-05-03 | by ( Miriam Jordan | More About Miriam Jordan | ) www.nytimes.com time to read: +1 min

In an interview, Mr. Carr said the Israeli American Council, which describes itself as a nonpartisan group representing Israelis and Israeli Americans, did not condone the violence. But the nonprofit organization’s plans to stage more counter-protests on or near other college campuses has raised the prospect of further confrontations between pro-Israel and pro-Palestinian factions. professor of Jewish history who, with colleagues, tried to act as a buffer between the two sides. The demonstrations have expanded to more campuses in recent days, with encampments popping up and students occupying buildings and central quads. Access to some colleges has been restricted to students and faculty out of safety concerns More than 2,000 people have been arrested or detained.

Persons: Carr, ”, David Myers Organizations: Israeli American Council, Israel, Columbia University Locations: New York, Gaza, Israel

An article on a fake online news outlet that Meta has linked to Russia’s information operations attributed the clashes unfolding on American college campuses to the failures of the Biden administration. A newspaper controlled by the Communist Party of China said the police crackdowns exposed the “double standards and hypocrisy” in the United States when it comes to free speech. On X, a spokesman for Iran’s Ministry of Foreign Affairs, Nasser Kanaani, posted a cartoon of the police arresting a young protester in the guise of the Statue of Liberty. As protests over the war in Gaza have spread across the United States, Russia, China and Iran have seized on them to score geopolitical points abroad and stoke tensions within the United States, according to researchers who have identified both overt and covert efforts by the countries to amplify the protests since they began. There is little evidence — at least so far — that the countries have provided material or organizational support to the protests, the way Russia recruited unwitting Black Lives Matter protesters to stage rallies before the 2016 and 2020 presidential elections.

Persons: Biden, Nasser Kanaani, ” Organizations: Communist Party of, Iran’s Ministry of Foreign Affairs Locations: Communist Party of China, United States, of, U.S.A, Gaza, Russia, China, Iran

Florida’s Abortion Ban Will Reach Well Beyond FloridaAugust 2021 Miles to nearest clinic offering abortions after 6 weeks 50 150 250 350 450 Source: Caitlin Myers, Middlebury College As of Wednesday, Florida has banned abortion after six weeks of pregnancy. Florida, North Carolina and Virginia were the only states in the South offering abortion after six weeks of pregnancy. Women in several states will need to travel hundreds of miles farther to reach a clinic. Florida’s new ban could change that, researchers said — an illustration of how regional abortion access has become. If the amendment earns the support of 60 percent of voters, it will reverse the ban and protect abortion rights until about 24 weeks.

Persons: Miles, Caitlin Myers, Roe, Wade, ”, Jenny Black, —, “, Andrew Shirvell, Ron DeSantis, Professor Myers, Dobbs, Stephanie Loraine Piñeiro, Myers’s, Myers Organizations: Middlebury College, Planned, Eastern Seaboard, Guttmacher Institute, Jackson, Health, Florida Voice, Gov, Republican, Florida Access, Florida Supreme, Food and Drug Administration Locations: Florida, South . Florida , North Carolina, Virginia, North Carolina, South Carolina, West Virginia, ” Florida, California, New York, Illinois, Dobbs v, Miami, Charlotte, N.C, Washington, Alabama, Georgia, Louisiana, Mississippi, Alabama , Arkansas, Louisiana , Mississippi , Oklahoma , Tennessee , Texas

☆ Judge rejects J&J, Bristol Myers Squibb challenges to Medicare drug-price negotiations
▼ + stars: | 2024-04-29 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

A federal judge in New Jersey on Monday rejected Johnson & Johnson 's and Bristol Myers Squibb 's legal challenges to the Biden administration's Medicare drug-price negotiations, ruling that the program is constitutional. J&J and Bristol Myers Squibb did not immediately respond to requests for comment on the ruling. J&J, Bristol Myers Squibb, Novo Nordisk and Novartis presented their oral arguments before Quraishi during the same hearing in March. That same month, a federal judge in Delaware rejected AstraZeneca's separate lawsuit challenging the negotiations. In Texas, a third federal judge tossed a separate lawsuit in February.

Persons: Johnson, Bristol Myers, Joe Biden's, Zahid Quraishi, Quraishi, Bristol Myers Squibb's, AstraZeneca's Organizations: Bristol, Bristol Myers Squibb, Biden, White, Supreme, Final, of New, Novo Nordisk, Novartis, Chamber of Commerce Locations: New Jersey, U.S, of New Jersey, Delaware, Texas, Ohio

☆ Corporate earnings solid so far, despite threats from a slowing economy and sticky inflation
▼ + stars: | 2024-04-29 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

Valuations coming down So if earnings are up, why is the S & P off its highs? Today, a month later, 2024 earnings estimates are essentially the same but the multiple has declined to 20.8. The S & P 500 hit a low of 4,117 on Oct. 27 and only recovered when rates came down in early November. There are some big drags on earnings Some companies are seeing large declines in earnings estimates that are weighing on their sectors. When including this one-time item, the S & P 500 earnings growth rate for the first quarter declines to 5.6%, from 8.7%, LSEG has noted.

Persons: Goldman Sachs, JPMorgan Chase, Morgan Stanley, Christopher Suh, Stephen Squeri, Hess, Nick Raich, LSEG, Hal Lawton, Brian Niccol, CNBC's Kate Rogers, Horton, Paul Romanowski, Kimberly, Clark, Michael Hsu Organizations: Companies, Netflix, JPMorgan, GE Aerospace, Caterpillar, Microsoft, Merck, Ford, Waste Management, Royal, Consumer, American Express, Energy, Marathon Petroleum, Apache, Valero Energy, Oil, Occidental Petroleum, Devon Energy, ConocoPhillips, Exxon Mobil, Scout, Bristol Myers Squibb, Karuna Therapeutics, Boeing, Nvidia, Meta, AMD Locations: financials, industrials, Royal Caribbean, North America

☆ Here are 5 sectors of the market that are working and the stocks that stand out in each
▼ + stars: | 2024-04-28 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

Federal Reserve Chairman Jerome Powell met with the press after the March Federal Open Market Committee (FOMC) meeting, which was pretty fraught. Data centers If there is the whiff of a data center or anything in one, the stock goes higher. It's why Meta stock is a buy a tad lower as stocks tend to revisit those kinds of declines. I worry about Club stock Stanley Black & Decker for this reason, but the dividend will keep it propped up for now. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: what's, Jerome Powell, Powell, Powell isn't, Voltaire, Vertiv, Eaton, Meta, It's, jetsam, Darius Adamczyk, Vimal, Stanley Black, Decker, Azek, Morgan Stanley, Wells, Charlie Scharf, Wells Fargo, Chipotle, that's, Johnson, Jensen Huang, Jim Cramer's, Jim Cramer, Jim, Scott Mlyn Organizations: Federal, Market, Broadcom, Google, Microsoft, Nvidia, Travel American Express, Raytheon, GE Aerospace, Royal, AAR, Honeywell, Southwest Airlines, Housing, Stanley, JPMorgan, Procter, Gamble, Colgate, Merck, Bristol, Myers, PepsiCo, Energy, Coterra Energy, Diamondback, drillers, CNBC Locations: California, Royal Caribbean, Delta, Devon

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