Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "gap"


25 mentions found


Meanwhile, Jefferies began coverage of Reddit with a buy rating and a price target of $90. Champine said the Federal Reserve lowering interest rates was a driving force for the price target changes. Analyst William Kerr initiated coverage of the pet ecommerce retailer with a buy rating and $38 price target. RBLX YTD mountain RBLX in 2024 — Alex Harring 5:50 a.m.: Citi says UPS is a buy Buy the dip on UPS shares, according to Citi. Analyst Ariel Rosa initiated the delivery giant with a buy rating and a price target of $162.
Persons: Jefferies, Laura Champine, Champine, Helene, Milton, Lowe's, — Alex Harring, Piper Sandler downgrades Blackstone Piper Sandler, Crispin Love, Love, Blackstone, Morgan Stanley, Sanjit Singh, Singh, Alex Harring, TD Cowen, William Kerr, Kerr, Benjamin Soff, Soff, Ken Gawrelski, Gawrelski, Roblox, Ariel Rosa, Rosa, — Fred Imbert, John Colantuoni, Colantuoni, EBITDA Organizations: CNBC, Wednesday, Citi, UPS, Capital, Federal Reserve, Blackstone, Industry, Deutsche Bank, New York Times, Amazon Logistics, Walmart Locations: Wells, China, Tuesday's
CNBC Daily Open: Fear is the stock killer
  + stars: | 2024-10-08 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
Michael M. Santiago | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The yield curve inverted in early July 2022 and normalized in early September. It's not inconceivable, then, for investors who take stock in what the yield curve signals to panic a little. But there's an undercurrent of fear that can perhaps run contrary to what some of those numbers are saying.
Persons: Michael M, That's, Jeff Cox, It's, David Roche, Bob Parker, – CNBC's, Lisa Kailai Han, Jesse Pound Organizations: New York Stock Exchange, Santiago, CNBC, Quantum, International Capital Markets Locations: New York City, U.S
As long as companies report that they're feeling good about lower interest rates, stocks should rise. That's according to Bank of America, which notes that apart from that dynamic, the bar for third-quarter earnings set by Wall Street is pretty low. The analysts expect 2% earnings growth, below consensus estimates of 4% and second-quarter earnings growth of 11%. As long as companies have managed through macro headwinds and see early signs of improvement from lower rates, stocks should get rewarded," the analysts said in a Tuesday note. The analysts recommend watching those sectors for early signs of improvement from lower rates ahead of earnings.
Persons: Organizations: Bank of America, Service, Wall, Federal Reserve, Manufacturing
View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark.
Persons: Matte, Slim, It's Organizations: Business, Deal, Samsung, LG, Buyers, Shoppers, Fire, Alexa, Samsung S95D, Dolby, Sony, Panasonic, Toshiba
Brendan McDermid | ReutersThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets are back to contending with rising oil prices, inflation possibly reaccelerating, fewer-than-expected rate cuts and potentially even a distant recession. The yield curve inverted in early July 2022 and normalized in early September. It's not inconceivable, then, for investors who take stock in what the yield curve signals to panic a little.
Persons: IXIC, Brendan McDermid, That's, Jeff Cox, It's, David Roche, Bob Parker, – CNBC's, Lisa Kailai Han, Jesse Pound Organizations: New York Stock Exchange, Reuters, CNBC, Quantum, International Capital Markets Locations: U.S
Dave Clark, Amazon 's former CEO of global consumer, who briefly helmed logistics company Flexport, is returning to the startup world. Prior to Flexport, Clark developed a storied reputation during his 23 years at Amazon as the architect of its mammoth logistics network. In 2020, Amazon tapped Clark to head its core retail business after longtime executive Jeff Wilke left the company. Clark joined Flexport to bring what he had built at Amazon to "small businesses and other businesses around the world." He left the startup feeling there was still a gap in the market for supply chain tools, and began to develop the idea behind Auger.
Persons: Dave Clark, Clark, Franken, Ryan Petersen, Petersen, Clark overspent, Flexport, Jeff Wilke, Auger Organizations: Excel, CNBC, Amazon, Amazon's, Flexport
But he did not announce any major new plans for ensuring economic health, leaving investors feeling underwhelmed. The iShares MSCI China ETF (MCHI) sank nearly 11%, on track for its worst day ever. The iShares China Large-Cap ETF, for example, soared 33% between Sept. 23 and Oct. 7. Morgan Stanley strategist Laura Wang on Tuesday revised price targets for the major Chinese stock market indexes, suggesting no room for further gains compared with current levels. "Today's press conference at least in the near term reinforces such belief, in our view, and the stock market could see more divergence at individual stock level."
Persons: Zheng Shanjie, Bilibili, Nio, Ray Dalio, FXI, Jeff deGraaf, David Tepper, Morgan Stanley, Laura Wang, Wang, Merrill Lynch, Helen Qiao, Xiangrong Yu, Yu Organizations: National, Reform Commission, CSI China Internet, Billionaire, Bridgewater Associates, Greenwich Economic, Appaloosa Management, U.S . Federal Reserve, Wynn Resorts, Sands, Macau — Locations: China, Greenwich, Greenwich , Connecticut, Beijing, Macau, Tuesday's, U.S
Right now, you can snag Prime Day Frame TV deals on 32-, 50-, 55-, 65-, 75-, and 85-inch models. The best Amazon Prime Day Frame TV dealsSamsung 65-inch Frame TV (2024) with Teak Bezel $1,597.99 $2,195.98 Save 27% Samsung's Frame TV is designed to be hung flush against your wall like a hanging piece of art. You're paying for style over image qualitySamsung 75-inch Frame TV (2024) with Teak Bezel $2,497.99 $3,195.98 Save 22% This Frame TV comes with a magnetic teak bezel to give it an art-frame look. View at AmazonSamsung 55-inch Frame TV (2024) with Teak Bezel $997.99 $1,631.48 Save 39% This package includes the 2024 version of Samsung's Frame TV bundled with a teak bezel. As you might guess by its name, Samsung's Frame TV is built to resemble an art frame hanging on your wall.
Persons: Steven Cohen, It's, it's, Samsung's Organizations: Business, Deal, Samsung, Amazon Samsung
How did the pussy-bow blouse became a political staple?
  + stars: | 2024-10-08 | by ( Leah Dolan | ) edition.cnn.com   time to read: +8 min
Vice President Kamala Harris wore a plum-hued pussy-bow shirt to speak with 60 Minutes correspondent Bill Whitaker. A slew of newly employed women in the ‘70s and ‘80s agreed, and the pussy-bow blouse’s sudden ubiquity in offices cemented it as a symbol of corporate, second-wave feminism. Melania Trump wore a pink Gucci pussy bow blouse at the presidential debate at Washington University in St. Louis, Missouri on October 9, 2016. Rick Wilking/Pool/AFP/Getty ImagesPeople gather at Stortorget square in Stockholm showing support for Sara Danius by wearing make-shift pussy-bow blouses with scarves and neck-ties. A ‘loaded garment’But still, the pussy-bow blouse continues to divide opinion.
Persons: ” Margaret Thatcher, Miriam Stoppard, , Thatcher, Margaret Thatcher, Tim Graham, , Duchess Louise de La, — King Louis XIV’s, it’s, Kamala Harris, Donald Trump, Oprah, Bill Whitaker, Harris, John T, Malloy, Richard Nixon, Helen Thomas, Ik, Meg Whitman, Proctor, Gamble’s, I’m, Nina McLemore, , Hilary Clinton, Elizabeth Warren, Maxine Waters, Elena Kagan, Melania Trump, Kate Moss, Johnny Depp’s, Sara Danius —, Swedish Academy —, Danius, Rick Wilking, Sara Danius, Jonas Ekstromer, Jenny Sundén, Trump, Moss, Sundén, It’s, ” McLemore Organizations: CNN, British, Democratic National Conference, CBS, Milan Fashion, PBS, Democratic Rep, Supreme, Swedish Academy, Washington University, Getty, Södertörn University, , Stock Exchange, Fortune Locations: British, Newburgh, ” New York, Sweden, St, Louis , Missouri, Stockholm, AFP, America
Women make up roughly half of U.S. labor union membership, but representation in top level union leadership positions has lagged, even in female-dominated industries and particularly for women of color. Data from the U.S. Department of Labor shows that Black and Latina women experience a particularly wide gender pay gap. Juliana Yamada / APBlack and Latina women are driving labor union growth in the U.S. amid a decades-long decline in membership. In 2023, Black women’s union membership rate notched a slight bump from 10.3% to 10.5%, while Latinas went up from 8.5% to 8.8%. Momentum for Black and Latina women rising into labor union leadership has picked up in the last five years.
Persons: , Lane Windham, Gwen Mills, María Mata, Juliana Yamada, Black, Latinas, that’s, Liz Shuler, I’m, ” Shuler, Becky Pringle, Bonnie Castillo, Verrett, we’ve, ” Verrett, Emily Twarog, Lisa Lujano, Stacy Davis Gates, ” Pringle, Maria Mata, Mata, , It’s, Keturah Johnson, Sara Nelson, Johnson, she’s, “ We’re, Coke, ” Johnson Organizations: Latina, Georgetown University, U.S . Department of Labor, AFL, National Education Association, National Nurses United, Service Employees International Union, Associated Press, University of Illinois, U.S . Bureau of Labor Statistics, Carpenters Union, Teachers, Chicago Teachers Union, CTU, United Teachers Los, ” Hospitality, AFA, CWA, United Airlines, Alaska Airlines, Frontier Locations: U.S, San Francisco, University of Illinois Urbana, Champaign, Chicago, United Teachers Los Angeles, Francisco
The new nine-month Supreme Court term officially starts Monday, with the justices appearing in the courtroom to hear oral arguments. Major cases at the Supreme Court: U.S. v. Skrmetti — Challenge to state laws that ban gender-affirming care for trans teenagers. When the Supreme Court decided Bush v. Gore, its reputation took a hit but quickly rebounded. Republicans challenged those changes, but the Supreme Court never took up a case about the issue at the time. The Supreme Court has relatively few cases of consequence on the argument calendar so far.
Persons: WASHINGTON —, Donald Trump, Bush, Gore, George W, Joe Biden's, Nate Persily, Garland, Paxton, Richard Glossip's, Wade ., Clarence Thomas, Samuel Alito, Franita Tolson, Zack Smith, Robert F, Kennedy Jr, Jill Stein, Elena Kagan Organizations: Republican, Stanford Law School, NBC, Trump, Supreme, Coalition, . Oklahoma, Democratic, Wade, University of Southern California Guild School of Law, Heritage Foundation, Green Party, New York University School of Law Locations: Texas, ., Oklahoma, In Pennsylvania, Georgia, DeKalb County, Roe, New York, Nevada, Arizona
Link: Dixon is changing the company and the strategy.
  + stars: | 2024-10-07 | 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 EmailLink: Dixon is changing the company and the strategy. Stephanie Link, Chief Investment Strategist at Hightower, recommends Gap for Q4 due to strong cash flow and new leadership, and highlights Morgan Stanley's growth potential in net interest income and wealth management.
Persons: Dixon, Stephanie Link, Hightower, Morgan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWomen on average are granted less respect in the workplace than men: UNC professor Alison FragaleAlison Fragale, UNC Kenan-Flagler Business School research psychologist and professor and ‘Likeable Badass’ author, joins 'Squawk Box' to discuss the gender wage gap in the workforce, walking the tightrope as women in the workplace, whether DEI helps or undermines the argument of respect, and more.
Persons: Alison Fragale Alison Fragale Organizations: UNC, UNC Kenan, Flagler Business School
He decided to formally create a syndicate called Overtime VC, investing up to $250,000 in seed and Series A rounds. Through Overtime, Pangulur invested nearly $20 million in 65 companies, with a focus on enterprise infrastructure and apps. Related storiesHe also continued investing through his syndicate, Overtime VC, and brought these firsthand experiences to the founders he advised. 'Cooking' at the Series BPangulur began raising his own venture fund based on the success of his syndicate fund, Overtime VC. Earlier this month, Pangulur announced two new investments he led: a $25 million Series B for billing infrastructure startup Orb and a $28 million Series B for TeamBridge, a workforce operating software startup.
Persons: Pangulur, parlayed, Mayfield, , hackathons, Navin Chaddha, Chaddha, Lehman Organizations: Tribe Capital, Fund, Service, Security, Mayfield Fund, Case Western University, KeyBanc, Markets, Lehman Brothers, TeleSoft Partners, VC, Mayfield, Spring Fund, Chaddha Locations: Silicon Valley, Michigan, Ohio, North America, CloudFlare,
CNN —With European soccer heading into its second international break of the season, league tables are starting to take shape. Spain’s La Liga: Barcelona ease to victory, injury woes for Real MadridRobert Lewandowski is a man in form. The Gunners were also forced to come from behind against Southampton after summer signing Cameron Archer gave the Saints the lead in the second half. Unacceptable second half. Fiorentina head coach Raffaele Palladino received a red card late on, as did Hernández, but the home side held on to clinch its second win of the season.
Persons: Real Madrid Robert Lewandowski, Lewandowski, Antonio Sivera, Hansi Flick –, Bayern Munich –, Lewy, ” Flick, “ He’s, Vincent West, Federico Valverde, Vinícius, Dani Carvajal, Carvajal, stretchered, Arne Slot –, Klopp –, Diogo Jota, Mateo Kovačić, Jérémy Doku, Rodrigo Muniz, Cameron Archer, Kai Havertz, Gabriel Martinelli, Erik ten Hag, Winger Brennan Johnson, James Maddison, Yankuba, Georginio Rutter, Danny Welbeck, Bryn Lennon, Ange Postecoglou, I’ve, We’ve, , Michael Olise, Kai Pfaffenbach, Omar Marmoush, Manuel Neuer, Bayer, Holstein, Victor Boniface, Jonas Hofmann, Max Geschwill, Fiete Arp, Gea, Fiorentina Goalkeeper David de Gea, De Gea, Moise Kean, , Milan –, Viola, Theo Hernández, Matteo Gabbia, brough, Tammy Abraham, Jennifer Lorenzini, Christian Pulisic, Albert Guðmundsson, Raffaele Palladino Organizations: CNN, Liga, Real Madrid, Barcelona, La Liga, Raphinha, Bayern Munich, Reuters, Villarreal, England’s Premier League, Tottenham, Manchester City, Arsenal, Premier League, Klopp, Klopp – Liverpool, Crystal, Reds, City, Fulham, Gunners, Southampton, Liverpool . Manchester United, Aston Villa, Brighton’s American, Sunday, Spurs, Brighton, ” Spurs, Sky Sports, Bundesliga, Bayern, Leverkusen, Leipzig, Eintracht Frankfurt, Bavarian, Bayer Leverkusen, Holstein Kiel, Serie, Fiorentina Goalkeeper, Fiorentina, AC Milan, Manchester United, Milan, Reuters American Locations: Europe’s, Barcelona, Polish, La, Madrid, Liverpool, Portuguese, City, Holstein Kiel .
The company started buying Nvidia GPUs in 2021, getting to the AI cloud computing business earlier than most. CEO J.J. Kardwell describes the company as the largest privately-held cloud computing platform in the world. It also makes the Vultr boss well-positioned to explain a phrase frequently on the lips of AI luminaries like Nvidia CEO Jensen Huang: sovereign AI. Sovereign cloud is the delivery of cloud infrastructure as a service, typically inside a country. BI: AI computing is extremely energy intensive, and concerns about the US grid abound.
Persons: , it's, J.J, Kardwell, Jensen Huang, we'll Organizations: Vultr, Service, Nvidia, Singtel, Department of Defense Locations: Singapore, Malaysia
Many Gen Zers purchase cheap goods from the Chinese e-commerce companies Shein and Temu. The Biden administration is taking steps to make more Chinese imports subject to import fees. AdvertisementTwo of Gen Z's favorite shopping platforms for cheap goods could get more expensive in the near future. The trade provision, called "de minimis," allows US consumers to avoid paying these import fees on direct-to-consumer shipments of less than $800. However, import fees could vary by product.
Persons: Biden, , Gen, Chad Schofield, wouldn't, it's, — Schofield, Kaziukėnas, Joe Biden's, Xers, Temu, Schofield, Donald Trump, Kamala Harris, Shein, he'd, Temu It's, they'd Organizations: Service Locations: Shein, China, Canada, Mexico
Ayesha Ofori worked in wealth management for Goldman Sachs for six years. AdvertisementThis as-told-to essay is based on a transcribed conversation with 40-year-old Ayesha Ofori, CEO of Propelle, from London, about her experience working at Goldman Sachs. If you'd asked me what success looked like at the time, it would've been being a partner at Goldman Sachs. AdvertisementSaving money isn't enoughWhen I was at Goldman Sachs, I noticed we didn't have many women clients. When I worked at Goldman Sachs, I was focused on paying off my student loans and saving money.
Persons: Ayesha Ofori, Goldman Sachs, Ofori, , Goldman, I'd, you'd, would've, I'm, It's, I've, you'll Organizations: Service, Goldman Sachs, Business, Columbia Business School, Goldman, Invest Locations: London, New York
AdvertisementCorporate earnings are on pace for their best non-pandemic year since 2018, and market strategists expect the party to continue in the upcoming earnings season and into 2025. "There's not always a one-for-one relationship between economic growth and earnings growth," Reynolds said. "You can still see earnings growth at a pretty robust level, even if economic growth moderates to some extent. "That could be a little bit of a headwind for the market," Saglimbene said. That's a normal earnings growth kind of environment, and I think that's enough to continue to push the market higher."
Persons: , Mike Reynolds, Anthony Saglimbene, He's, Saglimbene, Joe Quinlan — who's, Bank of America —, Quinlan, Reynolds, it's, Andrew Slimmon, Jim Baird, Plante, Michael Smith, Smith, There's, Slimmon, he's Organizations: Service, Business, Ameriprise, Merrill, Private Bank, Bank of America, Morgan Stanley Investment Management, Financial, Allspring Global Investments, Bears Locations: what's
Leo is an art dealer who appears in "Love Is Blind" season seven. AdvertisementWarning: This post contains spoilers for "Love Is Blind" season seven through episode six. He inherited a family art dealing business at a young age after several of his family members died of cancer. Leo has a conversation with some other male cast members on "Love Is Blind" season seven. AdvertisementThe next batch of "Love Is Blind" season seven episodes will be released Wednesday, October 9 on Netflix.
Persons: Leo, , you'll, doesn't, he's, Hannah, Amanda Clayman, Clayman, I'm, Kristin Papa, it's, Papa, Brittany, isn't Organizations: Service, Art Basel, Business, Netflix Locations: Washington, DC, Brittany
Monthly Social Security checks aren't enough for most baby boomers to get by, further fueling a retirement crisis. A prenuptial agreement can be helpful, but it typically doesn't protect wealth built after the couple ties the knot, like retirement savings. Men's monthly retirement incomes are nearly $600 more than women's — $2,610 to $2,042 — and they're more likely to have a balance in a retirement account. Overall, divorced women like Clark see lower monthly retirement incomes than their male counterparts — and peers who have remarried. One of Mintzer's greatest divorce regrets is that she didn't safeguard her retirement savings.
Persons: , Libby Mintzer, Mintzer, she's, Melody Evans, Evans, Roth, couldn't, didn't, Kathryn Clark, Clark, Clark didn't, Clark's, it's Organizations: Service, Social Security, Social, Gerontology, , Roth IRA, SNAP, allisonkelly Locations: Florida, Tampa, California's Bay
Russia's defense industry is short some tens of thousands of skilled laborers. Demographic trends and policies further strain Russia's labor force and defense industry. AdvertisementRussia does have one largely untapped source of labor for the defense industry: women. AdvertisementThe decline in Russia's labor force is forecast to continue until 2040, Massicot wrote. This would make bringing women into defense manufacturing a hard cultural and political pivot, Massicot said on X.
Persons: , Vladimir Putin, Dara Massicot, Massicot, Putin, El País, Health Mikhail Murashko Organizations: Service, BBC, Carnegie Endowment, International, Workers, American Welding Society, Russian Academy of Science's Institute of Economics, Reuters, Russia's, Health Locations: Ukraine, Russia, BBC Russia, Eurasia, El
CNN —The famed Blue Ridge Parkway – spanning more than 400 miles – remains closed with no reopening date, according to the National Park Service. “The entire length of the Blue Ridge Parkway in North Carolina and Virginia is closed as crews continue their assessment of the damage from Hurricane Helene,” NPS spokesman Mike Litterst told CNN. Blue Ridge Parkway staff and NPS employees from 32 states and the District of Columbia are working in the recovery efforts, Litterst said. “A projected reopening date of any section of the Blue Ridge Parkway in North Carolina has not yet been established; assessment crews are finishing their work in Virginia,” Litterst said. The parkway was listed as the number one most visited NPS site in 2023, with 16.75 million visits, CNN previously reported.
Persons: Hurricane Helene, Mike Litterst, Litterst, ” Litterst Organizations: CNN, National Park Service, Ridge, District of Columbia Locations: North Carolina, Virginia, Hurricane, , Gooch
CNN —The death toll from Helene has risen to at least 225 across six states, according to CNN’s tally, after seven more deaths were announced Saturday in North Carolina. Emergency responders from across the US respond to hurricane-ravaged North Carolina county: Hard-hit Buncombe County, North Carolina, is getting help from several hundred emergency responders from agencies nationwide who were on the ground there by Saturday, including from the New York Fire Department. The Federal Emergency Management Agency has more than 3,000 federal responders on the ground in North Carolina, said MaryAnn Tierney, FEMA’s National Incident Management Assistance team lead. About 562,007 customers in South Carolina, North Carolina, Georgia, Florida and Virginia were waiting for power to be restored as of Saturday afternoon. More than 74,000 people were without power in Buncombe County Saturday, according to county manager Avril Pinder.
Persons: Helene, Mike Litterst, Litterst, , Lillian Govus, MaryAnn Tierney, Avril Pinder, “ Crews, Nathan West, “ It’s, ” West, Organizations: CNN, National Park Service, Pictures, New York Fire Department, FDNY, Federal Emergency Management Agency, Incident Management, Biltmore, Black Mountain Presbyterian Church Locations: North Carolina, United States, South Carolina, Georgia, Florida, Tennessee, Virginia, Gooch, Buncombe County , North Carolina, , FEMA’s, North Carolina , Georgia, Buncombe County, Carolina, Asheville’s, Asheville, , Black Mountain , North Carolina
Dani’s Queer Bar opened its doors to Boston’s LGBTQ community last month, giving the city its first lesbian bar in decades. The venue joins a yearslong “lesbian bar renaissance” that has seen more than a dozen bars for queer women open across the country since the height of the Covid pandemic. After delays caused by permitting issues, Dani’s Queer Bar — reportedly named after Rocha’s American Eskimo pup — finally opened Sept. 12. There was kind of like a hole, so I think [Dani’s] is really filling a need here in our city.”Stevie Dickie and her girlfriend, Jace Williams, pose in front of a mural outside Dani’s Queer Bar. A neon sign adorns an exposed brick wall at Dani’s Queer Bar in Boston.
Persons: , Thais Rocha, ” Rocha, , Rocha, Michelle Wu’s, , Stevie Dickie, Jace Williams, Dickie, ” Dickie, ” Stevie Dickie, Stevie Dickey, hadn’t, Erica Rose, Rose, Renee Gannon, Amanda Pollock, Gannon, Renee Gannon Kristen Porter, Kristen Porter, Porter, she’s Organizations: Bar, WGBH, , Economic, NBC, The, United States Locations: Boston, U.S, Dani’s, Massachusetts, Ipswich, Boylston, Boston’s Back
Total: 25