DIRS.INFO The most relevant business & tech news

☆ Netball: This women’s sport has fought for over 50 years to be in the Olympics. Could Brisbane 2032 change its fortunes?
▼ + stars: | 2024-08-11 | by ( Emily Blumenthal | ) edition.cnn.com time to read: +15 min

Australia was crowned champion during the Netball World Cup Medal Presentation on August 6, 2023 in Cape Town, South Africa. “I think the leadership within netball, from World Netball, really needs to take a vigilant stance on it. For people in the netball world, she said, “That is your bread and butter: doing netball. More than 20 million people play netball in 76 member nations across five continents, according to World Netball. There are some voices in netball that don’t believe the drive to become an Olympic sport is a priority.

Persons: Serena Guthrie, Khadijah Williams, Hannah Peters, ”, “, That’s, Ashley Vlotman, Jenny van Dyk, Spar, Riana Bezuidenhout, They’ve, ” Bezuidenhout, Fiona McLachlan, ” McLachlan, ” van Dyk, Cara Koenen of, Guthrie, it’s, ” Guthrie, we’ve, Ryan Allan, Allan, Lewis Keeling, ” Dylan McPherson, Fiona Goodall, that’s, ” Allan said, Keeling, ” Keeling, Bailey Mes, Geva, Matt King, doesn’t, “ I’ve, ” Allan Organizations: CNN, Commonwealth Games, Netball, IOC, International Federation, Commonwealth, Games, team, University of Pretoria, World Netball, City, Paralympic Games, Netball Australia, Brisbane, Manor School, Wembley, Fox, Victoria University, “, England, Paris, Equality, Paris Games, Olympic, Netball Association, New Zealand Men's, Getty, Knights Netball, Allphones Arena, doesn’t Locations: Australia, Brisbane, United Kingdom, England, Jamaica, SECC, Glasgow, Bath, Los, Cape Town , South Africa, Spar Proteas, South, Cara Koenen of Australia, South Africa, New, Auckland , New Zealand, New Zealand, Sydney

☆ On paper the stock market should be great, not on a knife's edge. But that's the opportunity
▼ + stars: | 2024-08-11 | by ( Jim Cramer | ) www.cnbc.com time to read: +13 min

For example, this season started with the banks roaring higher on great numbers, legitimately great numbers led by a phenomenal Bank of America quarter. The later just made no sense because it is pulling away from Intel on the low end and if Nvidia really does have production problems then AMD is the de facto winner. In fact, the only stock that didn't suffer from an Nvidia relation, Apple, got through earnings without too much trouble. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: —, techs, We've, Warren Buffett, Buffett, industrials Eaton, Donald Trump, we've, execs, I've, Kamala Harris, Trump, Jim Cramer's, Jim Cramer, Jim, Rob Kim Organizations: Federal Reserve, of America, Bank of America, Club, Apple, Fed, SL Green, Boston Properties, Nvidia, Arista Networks, Micron, Dell, Hewlett Packard Enterprise, Devices, Intel, AMD, Accenture, Deloitte, McKinsey, White, Jim Cramer's Charitable, CNBC Locations: Lowe's

☆ China stocks escaped much of the latest sell-off. Signals for whether to buy
▼ + stars: | 2024-08-11 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +7 min

The latest global market volatility has reinforced China's status as a distinct market, even if its growth has slowed recently. While U.S. tech stocks plunged and Japanese stocks swung wildly in a historic two days of price action , Chinese stocks suffered less . The investors remained net buyers of Chinese stocks for the third quarter so far as of Aug. 6, the data showed. Finally, the low correlation of the China stock market with the U.S. stock market could provide investors with diversification benefits." Chinese stocks, especially those traded on the mainland, have historically been less correlated to global market moves due to Beijing's capital controls and other restrictions.

Persons: Matt Wacher, William Yuen, Invesco, That's, Steven Sun, Paul Christopher, Morningstar's Wacher, it's, Wacher Organizations: Nasdaq, Nikkei, Morningstar Investment Management, U.S, HSBC, Technology, Shanghai —, Bank of, Federal Reserve, Treasury, HSBC Qianhai Securities, National Bureau, Statistics, Wells, Wells Fargo Investment Institute, Index Locations: Asia, U.S, Shanghai, China, Pacific, EPFR, Hong Kong, Bank of China, Wells Fargo

☆ These low-volatility stocks have a winning record and are attractively valued
▼ + stars: | 2024-08-11 | by ( Pia Singh | In | ) www.cnbc.com time to read: +4 min

These stocks have low share price volatility over the past five years, and their total return — including share price gains and dividends — are greater than the S & P 500's over the past five years. Take a look at the names below: Health-care companies Amgen , UnitedHealth Group and AbbVie are among the names with low volatility and strong returns in recent years. Pharmaceutical company AbbVie's roughly 262% gain over the past five years is the highest of the stocks in the group. Amgen's share price has a 5-year total return of 104%, making it a steady grower, but still the slowest of the list. Other stocks with low volatility and attractive valuations include automotive replacement parts retailer AutoZone and insurance company Aflac .

Persons: Stocks, They're, Morgan Stanley, Wells, Mohit Bansal, TD Cowen, Kannan Venkateshwar, — CNBC's Christopher Hayes Organizations: CNBC, UnitedHealth, Pharmaceutical, Morgan Stanley Wealth Management, Humira, Barclays, Mobile

☆ Elon Musk's battle with Mark Zuckerberg is looking like a lost cause
▼ + stars: | 2024-08-10 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +7 min

Read previewElon Musk might just be losing any hopes he had of one-upping his arch nemesis, Mark Zuckerberg. A lost battleElon Musk is facing a tougher battle with Mark Zuckerberg's social media empire. Beata Zawrzel/Getty ImagesOne of Musk's biggest challenges in turning X into a legitimate rival to Zuckerberg's social media platforms is generating revenue. In Musk's own words, it's a declaration of "war" with the very people he needs to boost falling revenue at X. But none of this helps Musk in its effort to outdo Zuckerberg at his own social media game and widen X's appeal.

Persons: —, Elon, Mark Zuckerberg, wakeboarding —, reputationally, Zuckerberg, Elon Musk, Mark, Beata Zawrzel, Musk's, Musk, Linda Yaccarino, X, it's, Lara O'Reilly, GARM, Tommy Robinson, Robinson, Stephen Yaxley, Lennon —, 4W5ZOssbEY, Josh Self, Kier Starmer, it'll Organizations: Service, SpaceX, Business, Twitter, Musk's, The New York Times, Meta, Global Alliance, Responsible Media, Center, Britain, Financial Times Locations: San Francisco, Meta's, Texas, Southport, Liverpool, Falkland, Britain

☆ These 10 cities around the world have the most ultrawealthy people
▼ + stars: | 2024-08-10 | by ( Madeline Berg | ) www.businessinsider.com time to read: +1 min

The ultrawealthy population has reached 426,330, a 7.6% increase from last year. These are the cities that have the most ultra-high net worth individuals. The ultrawealthy are defined as having an individual net worth of at least $30 million. Their population increased 7.6% over the last year, and they have a combined net worth of $49.2 trillion. Only 0.8% of the world's ultra-high net worth population are billionaires, but they account for 24% of the combined net worth, according to Wealth-X's 2024 Ultra Wealth Report.

Persons: — Organizations: Service, Business Locations: United States

☆ 39-year-old gives New York food tours for a living—his company brought in more than $145,000 in a year
▼ + stars: | 2024-08-10 | by ( Gili Malinsky | ) www.cnbc.com time to read: +5 min

In 2023, after getting let go from his job at Meta, he decided to take his company, Ultimate Food Tours, full-time. "They were sending me little goals to challenge me to make these food tours," he says. "The first dollar I made from my Chinatown Food Tour was in October of 2019," he says. 'I made the decision to cut the safety net'By 2021, he'd added his Iconic Food tour and given his business its name: Ultimate Food Tours. "So I made the decision to cut the safety net in early 2023," he says, "to run Ultimate Food Tours full time and leave the corporate world."

Persons: Scott Goodfriend, Goodfriend, Baz Bagel, Mark Isreal, — he'd, Tasia Jensen, Marisa Forziati, Edelman, Friends, He'd, monetizing, he'd Organizations: Foods, Brooklyn, Meta, Food, UCLA, CNBC, University of Colorado Boulder Locations: Lower, New York, Manhattan, Ferrara, Calabasas, Los Angeles, L.A, LA, Web3, Astoria , Queens, Sheepshead Bay , Brooklyn, Brooklyn, Sunset

☆ Florida residents should flee to these 2 popular states before climate change decimates home values
▼ + stars: | 2024-08-10 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Although steadily rising global temperatures and their effects are increasingly hard to ignore, Burt believes they're not yet factored into property values. Flood insurance costs will skyrocket since they're severely underpriced to climate risk, his research indicates. Related stories"I think that there's a lot of pent-up supply from folks, particularly who are being exposed to these ownership cost increases away from mortgage rates," Burt said. They'll then be prepared to either bear the burden of higher insurance costs, or sell. AdvertisementUnlike Ivy Zelman, who's another analyst with a knack for spying issues in the housing market, Burt doesn't think the Midwest is the best region for beach-dwellers to flee to.

Persons: David Burt, who's, Burt, they're, Ivy Zelman, Burt doesn't Organizations: Service, Business Locations: Georgia, Florida, New York

☆ Buy the dip in tech stocks including Nvidia amid market uncertainty, Bank of America says
▼ + stars: | 2024-08-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

There's still plenty of top technology stocks to buy even as the market unease continues, according to Bank of America. Apple Services saw record revenue, leading Mohan to conclude there's plenty of upside ahead for Apple shares as new products debut in September. Apple shares are down about 3% this month. Meanwhile, Netflix shares are down almost 8% over the last month. Palantir "PLTR's dominant position in the AI-powered software market, differentiated end-to-end, ontology-powered & highly secure solutions and first mover advantages should support revenue growth and improving profits in the midterm.

Persons: Palantir, Wamsi Mohan, Tim Cook, Mohan, Jessica Reif Ehrlich, Reif Ehrlich, BofA, Uber, Justin Post, Post, he's bullish, Nvidia, Blackwell Organizations: Bank of America, CNBC, Netflix, Nvidia, Apple, Apple Intelligence, Apple Services, Post, Uber, intel, TAM Locations: Bank

☆ In New Zealand, Māori are using Indigenous knowledge to combat climate change
▼ + stars: | 2024-08-10 | by ( Alaa Elassar | ) edition.cnn.com time to read: +18 min

It’s that “interconnectedness” that makes Māori ideal stewards of Aotearoa New Zealand, Parkin-Rae says. Whenua (Land)The work at Oaro River is part of a reforestation and predator control project led by Te Rūnanga o Kaikōura, a Māori tribal council in Kaikōura. Thomas Kahu, left, and Wiremu Stone are both descendants of Paikea the whale rider and work for Whale Watch Kaikōura. A Whale Watch Kaikōura boat full of tourists viewing sperm whales off the coast of South Island, New Zealand. Alaa Elassar/CNN“Incorporating te ao Māori (the Māori world) into our work is valuable to all of Aotearoa.

Persons: , New Zealand CNN — Justin Parkin, Rae, Te Waipounamu, Tamati, ” Wikiriwhi, Parkin, Justin Parkin, Alaa Elassar, Ngāti, Ngāi Tahu, “, ”, –, Te, Rawiri, kawau, toto, ā roto, it’s, ” Parkin, Thomas Kahu, Kahu, Tim Clayton, Corbis, ” Kahu, Māori, Wiremu Stone, Takoko, ” Takoko, ” Rangi, Daniel Gaussen, Aoraki Mackenzie, Sanka, ” Gaussen, CNN Mikey Ratahi, ” Ratahi, Gaussen, ” Kaitiaki, Kaikōura, Elassar, tangata whenua, don’t, it’ll Organizations: , New Zealand CNN, New Zealand, CNN, CNN Aotearoa New Zealand’s Ministry, Environment, Aotearoa New Zealand, Rawiri Manawatu, Manawatu, Aotearoa New, Whale Watch, Aotearoa New Zealand’s Department of Conservation, CNN Whale Watch, Conservation International Aotearoa, Pacific Whale Fund, Ocean Initiative, Aoraki, Sky Reserve, Southern, Sky Resource, University of Canterbury, Ministry Locations: , New Zealand, New, Māori, Aotearoa, Alaa, CNN Aotearoa, Ngāi, Aotearoa New, Oaro, Te Rūnanga, Kaikōura, Rūnanga, ” Moana, Aotearoa New Zealand, South Island , New Zealand, wonderment, Mackenzie, Lake Takapō, Mana, Wai, Zealanders, “

☆ Forget free cash, there's an even more American way to help people get ahead
▼ + stars: | 2024-08-10 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +11 min

Read previewGuaranteed basic income is all the rage right now. Countries including India, Argentina, and Austria have tested out small-scale guaranteed job programs. Cleveland's jobs guaranteeFor Cotten, ensuring jobs for any American who needs one is a no-brainer. While many cities are testing out basic income programs, they haven't been universal and instead targeted specific groups in need like artists, new parents, low-income families, or people experiencing homelessness. Republican lawmakers have introduced bills to ban basic income programs in their states, with some arguing that handing out checks with no strings attached would disincentivize work and raise taxes.

Persons: —, that's, what's, Tcherneva, Sen, Bernie Sanders, Ayanna Pressley, Devin Cotten, Cotten, Franklin Delano Roosevelt's, Sanders, Pressley, Andrew Yang —, Gerald Connolly, UBE, Lukas Lehner, Lehner, Maximilian Kasy, they're, Kasy Organizations: Service, Business, Bard College, American, Democrats, Republicans, Washington Post, Social Security, Universal, University of Oxford, European Commission, European Union Locations: Denver, Baltimore, India, Argentina, Austria, Cleveland, Virginia, Austrian, Marienthal, South Africa, United States, France

☆ I went viral for dancing at a Kamala Harris rally. It's given me a platform to inform people about issues I'm passionate about, like Social Security.
▼ + stars: | 2024-08-10 | by ( John Towfighi | ) www.businessinsider.com time to read: +6 min

And when I went viral, I said, "Okay, I need to do the most with this. There's something called survivor Social Security, and when you lose a parent, you're able to receive that benefit. Advertisement'We are stronger when we help each other'After I went viral, my congressman, Rep. Hank Johnson, came to my town. It's been great to talk about these issues and the work I've been doing for years and to have a larger platform. And that's when those social safety net programs, like Social Security, that neighborliness of our country, that joy, that communal care, comes in because we should help each other.

Persons: —, Parker, Atlanta —, Kendrick Lamar, Kamala Harris, Royce —, I've, John Lewis, Parker Short, Jon Ossoff, Jimmy Carter —, Trump, Sen, Hank Johnson, It's, she's, I'm Organizations: Service, Sanford School of Public, Duke University, Young Democrats, Democratic Party of Georgia, Young Democrats of America, Business, Civil Rights Movement, Social Security, University of Michigan's Ford School of Public, Medicaid, Medicare Locations: Georgia, Dunwoody , Georgia, Atlanta, America

☆ Millennial couple left $10,000 in cash sitting in a closet for years — why they still stress about money
▼ + stars: | 2024-08-10 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +3 min

Around six years ago, married couple Christina, 37, and Noah, 35, took $10,000 out of the bank. After the massive withdrawal, the money continued to sit — in cash — in their closet for another three years. Noah, on the other hand, is comfortable with what they have and hesitant to spend any money beyond what they absolutely need to. "I think you have a dramatic miscalibration with what a lot of money means," Sethi told them. But sometimes you just need to take an honest look at the numbers," Sethi told her.

Persons: Christina, Noah, Ramit Sethi, Rich, Sethi, they're, Christina shouldn't

☆ 'These are not normal;' A new type of dealmaking for AI startups is rattling Silicon Valley
▼ + stars: | 2024-08-10 | by ( Ben Bergman | Sri Muppidi | ) www.businessinsider.com time to read: +7 min

Google unnerved Silicon Valley last week when it agreed to pay $2.5 billion to license Character.AI's technology, hire its two superstar cofounders and 20 percent of employees. The deal came after AI developers Adept and Inflection both effectively sold themselves to Amazon and Microsoft, respectively, in recent months. It was only last year Character.AI raised $150 million in venture funding, which valued the company at $850 million. Its appeal as a chatbot that uses AI to make virtual characters that interact with users seems decidedly niche. Related storiesMost of the founders and investors Business Insider spoke to for this story say Google has little interest in Character.AI's actual product.

Persons: cofounders, Brent Queener, Kyle Sanford, Character.AI, Iris Sun, Noam Shazeer, Daniel De Freitas, Jack Selby, Peter Thiel's, Steve Brotman, Shazeer, De Freitas, PitchBook's Sanford, they're, Roy Bahat, Arvind Jain, Cameron Lester, Lester Organizations: Service, Microsoft, Bonfire Ventures, Business, Apple, Big Tech, AZ, Biden Administration, Federal Trade Commission, Department of Justice, Alpha Partners, FTC, DOJ, New York Times, Google, Madrona Venture, Bloomberg Beta, Jefferies

☆ USA defeats Brazil to win women’s soccer gold medal, capping brilliant start to Emma Hayes’ coaching tenure
▼ + stars: | 2024-08-10 | by ( George Ramsay | ) edition.cnn.com time to read: +3 min

CNN —New era, new head coach, but a familiar result for the US Women’s National Team. The most decorated team in women’s soccer won a fifth Olympic gold medal at the Parc des Princes in Paris, defeating Brazil 1-0 in the final. Mallory Swanson’s second-half goal gave the US the hard-earned victory on Saturday, capping off a dream start to head coach Emma Hayes’ managerial tenure. Hayes only took up her head coach role in May and was tasked with changing the team’s fortunes after a disappointing round-of-16 exit at last year’s Women’s World Cup. Franck Fife/AFP/Getty ImagesFor Brazil, this was a third defeat against the US in an Olympic final, denying the legendary Marta one last chance to win a gold medal.

Persons: Mallory Swanson’s, Emma Hayes ’, Korbin, Swanson, Lorena, Hayes, “, ” Hayes, ” Swanson, Franck Fife, Marta, Gabi Portilho’s, Alyssa Naeher, Ludmila, Tom Cruise, Megan Rapinoe, Trinity Rodman, ” Organizations: CNN, US, National Team, Parc des Princes, Brazil, Japan, Getty, France, Spain, Trinity, Chelsea Locations: Parc des, Paris, Germany, AFP, Brazil

☆ Bookie pleads guilty to running illegal gambling business used by ex-Ohtani interpreter
▼ + stars: | 2024-08-09 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

SANTA ANA, Calif. — A Southern California bookmaker who took thousands of sports bets from the former interpreter for baseball star Shohei Ohtani pleaded guilty Friday to running an illegal gambling business. “I was running an illegal gambling operation, laundering money through other people’s bank accounts,” Bowyer told the judge. According to prosecutors, Bowyer ran an illegal gambling business for at least five years in Southern California and Las Vegas, and he took wagers from more than 700 bettors, including Ohtani’s former interpreter, Ippei Mizuhara. Meanwhile, sports gambling is illegal in California, even as 38 states and the District of Columbia allow some form of it. Federal prosecutors said Bowyer’s other customers included a professional baseball player for a Southern California club and a former minor league player.

Persons: Shohei Ohtani, Mathew Bowyer, “, ” Bowyer, Bowyer, Ippei, Mizuhara, Ohtani, didn’t, Bowyer’s, Pete Rose, Tucupita Marcano, Marcano, Rose, he’d Organizations: SANTA ANA, Calif, District of Columbia, Los Angeles Angels, Los Angeles Dodgers, Prosecutors, Major League Baseball, San Diego Padres, Cincinnati Reds, MLB Locations: SANTA, —, Southern California, Santa Ana, Las Vegas, California

☆ Trump Media reports $16 million loss for quarter as revenue falls
▼ + stars: | 2024-08-09 | by ( Dan Mangan | Dan Mangan Is A Reporter Covering Politics For Cnbc.Com. | ) www.nbcnews.com time to read: +3 min

Trump Media, the social media company whose majority shareholder is former President Donald Trump, on Friday reported a net loss of more than $16 million for the most recent financial quarter, mostly due to legal expenses, as well as consulting and licensing expenses. Trump Media stock closed at $26.21 per share Friday afternoon, a decrease of .49%. In its 10-Q filing Friday afternoon, Trump Media reported a loss of $16.37 million for the quarter ending June 30, compared to a $22.8 million loss for the same quarter in 2023. Revenue for the most recent quarter was just $839,000, compared to $1.2 million for the same quarter last year. Trump Media said it ended the quarter with $344 million in cash and cash equivalents, with no debt.

Persons: Donald Trump, ”, “, Sen, JD Vance, Kamala Harris, Tim Walz Organizations: Trump Media, Trump, ” Trump Media, Revenue, Business, Company, Republican, Democratic, Minnesota Gov Locations: Ohio, November’s

☆ Wealthy investors find opportunities in stock market sell-offs
▼ + stars: | 2024-08-09 | by ( Robert Frank | ) www.nbcnews.com time to read: +7 min

Wealthy investors and family offices shied away from stocks leading up to market swings this week, but many saw the drop in prices as an opportunity for tax savings and estate planning, according to wealth advisors. When stocks tumbled Monday, with the S&P 500 and Nasdaq down 3%, wealthy investors neither panicked nor jumped in to buy, according to several advisors. The drop in prices last Friday and Monday also offered a chance for wealthy investors to take advantage of tax benefits and gift strategies. With the gift and estate exemption amount scheduled to expire at the end of next year, many wealthy investors are working to give away the maximum before the expiration. “Most family offices are so invested in alternatives, hedge funds, PE and real estate, that they aren’t moving their investments around anyway,” said Geoffrey von Kuhn, an advisor to several of the nation’s largest family offices.

Persons: ‘, ’ ”, Sean Apgar, ” Apgar, BBR, —, William Sinclair, ” Sinclair, ”, Jennifer Povlitz, Geoffrey von Kuhn, Richard Weintraub, ” Weintraub, Buffett, Michael Pelzar, ” Pelzar, “, Jimmy Chang Organizations: UBS, Deloitte, Nasdaq, BBR Partners, Morgan Private Bank, Big Tech, “, UBS Wealth Management, Americas, Citi Private Bank, Bank of America Private Bank, ” Advisors, Rockefeller Global Family Locations: U.S, J.P

Aiming to unseat three-term Democratic incumbent Jon Tester, Sheehy is founder of Montana-based Bridger Aerospace, an aerial firefighting company. On July 1, Sheehy resigned as chief executive of Bridger to focus on his Senate campaign; the company is seeking a replacement. In mid-June, an editorial in The Wall Street Journal echoed Griffin’s view, branding Sheehy’s company Bridger a success. The PAC spent $5.3 million for Sheehy and $5.7 million against his opponent, Tester, records show. In 2022, Sheehy’s cash and stock compensation neared $5 million, and last year, he received $2.5 million, Bridger’s proxy says.

Persons: Donald Trump, Tim Sheehy, Jon Tester, Sheehy, “, Bridger, Tim, ” Katie Martin, Louise Johns, Ken Griffin, Griffin, Stephen Schwarzman, “ Tim Sheehy, ” Griffin, Marc Cohodes, Cohodes, Sheehy’s, ”, Scott Olson, Blackstone, Matthew Sheehy, Bridger’s, Blackstone Tim Sheehy, Blackstone’s, ” Jon Tester, Andrew Harnik, Schwarzman, haven’t, Farrah Saint, Surin, Matthew, Martin, Bridger ”, Montana . Don, Melinda Crawford, Todd Hirsch, Thomas A, Waldman, Yocca Carlson, I’ve Organizations: Navy, Republican, Montana, Bridger Aerospace, International, Interior Department, U.S . Forest Service, Agriculture Department, Bloomberg, Getty, Wall, Citadel LLC, PAC, Commission, The Blackstone, “ Bridger Aerospace, Blackstone, Small Business Administration, Republican National Convention, Trump, ”, Cattle Company, Tallgrass Energy, Blackstone Group, Bridger, Forest Service, Bridger Air Tanker LLC, Bridger Air Tanker, SBA, ” Companies, Federal, NBC News, Mountain Air LLC, Mountain Air, Air, Service, U.S ., “, Montana ., Rauth Locations: Bozeman , Montana, Bozeman, Mont, New York City, Bridger, America, Montana, Gallatin County, Milwaukee, Riding, disbursements, Surin, ” Saint, U.S, Los Angeles

☆ These dividend payers will beat the yields on cash as the Fed cuts rates, Bank of America says
▼ + stars: | 2024-08-09 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +3 min

However, investors can continue generating portfolio income if they snap up the right dividend stocks. Dividend yields that are too high may also raise the question of whether the company can sustain these payments to investors. Data storage player Seagate Technology made the cut, with a three-year annualized dividend yield of 7.9%, according to Bank of America's analysis. Bank of America rates KeyCorp as a buy, and it sees the company and its peers benefiting as the Fed dials back its policy. Devon, which the bank rates as a buy, this week surpassed the Street's estimates on core earnings per share in the second quarter, per FactSet.

Persons: Savita Subramanian, Wamsi Mohan, Mohan, Ebrahim Poonawala, Kraft, Merck Organizations: Federal Reserve, FedWatch, Bank of America, Seagate Technology, Bank of, KeyCorp, Devon Energy, Kraft Heinz, Simon Property Group Locations: Devon, Bank

☆ Bank of America says buy this ‘diamond in the rough’ cybersecurity stock with more than 25% upside
▼ + stars: | 2024-08-09 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Bank of America sees more room to run for CyberArk shares after a strong earnings report. Analyst Madeline Brooks hiked her price target by $20 to $335, which now suggests 27.1% upside from Thursday's close. Brooks also maintained her buy rating on the cybersecurity stock. As "a diamond in the rough, CyberArk keeps shining bright," Brooks told clients in a Thursday note. "We see several drivers that should continue to support growth," Brooks said.

Persons: Madeline Brooks, Brooks, CyberArk, CrowdStrike Organizations: of America, CrowdStrike

☆ Brazil targeting gold in a third Olympic final against the USWNT – but will Marta be a factor?
▼ + stars: | 2024-08-09 | by ( Jack Lang | ) www.nytimes.com time to read: +8 min

Right-back Antonia played the final stages of the Spain game on a broken leg. Brazil women’s 2024 Olympics has been a tale of two tournaments (Marcio Machado/Getty Images)Brazil had been passive in the group meeting, abdicating possession throughout. AdvertisementFor one thing, Brazil have an atrocious record against the USWNT, winning just four of the 42 meetings between the countries in women’s football. Famously, they are still searching for their first Olympic or World Cup title in women’s football. We have a really strong sense of unity here.”As for his hopes for the final, Elias is allowing himself to dream.

Persons: Rafaelle, Antonia, Marta, Olga Carmona, Juan Manuel Serrano Arce, “, Gabi Portilho, Arthur Elias, ”, Angelina, Marcio Machado, Elias, Cata Coll’s, Irene Paredes, Portilho, Adriana, Arthur, Kerolin, Elias ’ mettle, Elias ’, Pia Sundhage, ” Elias, Alex Livesey Organizations: Olympic, Nigeria, Japan, Spain’s, Getty, Spain, Globo Locations: Paris, Brazil, Spain, Australia, France, Parc, Marseille, United States, Eurasia

I didn't, and managing my money manually has been a major learning experience. For the last six years, focusing on my personal finances has been one of my main goals. However, some of the advice I received wasn't the right advice to follow, and I'm glad I didn't — especially the advice that came from a friend of mine who was on a mission to become a millionaire by age 40. Consider a financial advisor. Finding a financial advisor doesn't have to be hard.

Persons: —, doesn't Organizations: Service

☆ Goldman Sachs added these stocks to its global conviction lists, giving them more than 30% upside
▼ + stars: | 2024-08-09 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Goldman Sachs has added a number of stocks to its lists of top picks for August. These lists are the bank's "curated and active" picks of between 15 and 30 top buy-rated stocks for each region. Goldman gave the stock a price target of 2,499 pence ($31.79), or about 34% upside. Goldman gave the stock a price target of 13.98 Hong Kong dollars ($1.79), or about 46% upside. Goldman gave the stock a price target of 125 Chinese yuan ($17.51), or nearly 61% upside.

Persons: Goldman Sachs, Goldman, — CNBC's Michael Bloom Organizations: Goldman, Lenovo, Hong Locations: United States, Europe, Asia, London, U.K, Hong Kong

☆ Bitcoin plunged 28%. Institutional investors bought the dip
▼ + stars: | 2024-08-09 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +3 min

Up to this point, wealth management businesses have only facilitated trades if customers specifically requested exposure to these new spot crypto funds. Of Morgan Stanley's $1.5 trillion in assets under management, the bank disclosed in a May 13F filing that it held around $270 million in spot bitcoin ETFs. The expectation is that other wirehouses and asset managers, who have been on the sidelines performing in-house due diligence on spot crypto ETFs, might feel the pressure to soon follow Morgan Stanley's lead. The spot ether ETFs, which launched less than three weeks ago, have seen relatively tepid flows compared to the blockbuster launch of spot bitcoin ETFs in January. The bitcoin funds collectively hold $54.30 billion in assets under management, versus $7.25 billion across the spot ether funds.

Persons: Morgan Stanley, Morgan, Morgan Stanley's Organizations: BlackRock, Fidelity Locations: bitcoin, Japan, lockstep

Search resuls for: "Net"

25 mentions found