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☆ We have mixed feelings on Day 2 of Nasdaq's snapback rally — listen to 'The Homestretch'
▼ + stars: | 2023-01-10 | 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 EmailWe have mixed feelings on Day 2 of Nasdaq's snapback rally — listen to 'The Homestretch'Jim Cramer runs through all the stocks and sectors moving and shaking as we approach the final hour of trading.

☆ Jim Cramer says these 5 Nasdaq losers could rebound in 2023
▼ + stars: | 2023-01-06 | by ( Krystal Hur | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Friday named four stocks that he believes could mount a comeback this year. To come up with his picks, he parsed through last year's worst-performing stocks listed in the Nasdaq 100. MicronHe advised investors to wait several months to buy shares of Micron, but make sure to do so before the chip glut is over. Investors interested in the stock should buy it gradually on the way down, he added. IlluminaHe said that while the company is "superb," he'd rather own shares of DanaherDisclaimer: Cramer's Charitable Trust owns shares of Qualcomm and Danaher.

☆ Factbox: Key facts about pioneering broadcast journalist Barbara Walters
▼ + stars: | 2022-12-31 | by ( ) www.reuters.com time to read: +3 min

WASHINGTON, Dec 30 (Reuters) - The following are key facts about the life and career of pioneering broadcast journalist Barbara Walters, the first woman to anchor an American network evening newscast, who died on Friday:* Walters was born in Boston on Sept. 25, but she did not like to reveal the year, which reportedly was 1929, 1930 or 1931. * Walters started at NBC's "Today" show as a writer in 1961 and in 1976 became the first woman to co-anchor a network evening news broadcast on U.S. television. * Walters singled out her "Today" co-host Frank McGee and Reasoner on ABC News for making her life miserable. * Walters felt she was unfairly mocked for her asking actress Katharine Hepburn what kind of tree she would like to be. * Walters' marriages to businessman Robert Katz, theatrical producer Lee Guber and television executive Merv Adelson all ended in divorce.

☆ Nasdaq closes out its first four-quarter slump since dot-com crash
▼ + stars: | 2022-12-30 | by ( Ari Levy | ) www.cnbc.com time to read: +7 min

The only other negative four-quarter stretch in the Nasdaq's five-decade history was in 1983-84, when the video game market crashed. watch nowOther than 2008, the only other year worse for the Nasdaq was 2000, when the dot-com bubble burst and the index sank 39%. Numerous companies went bankrupt, most notably crypto exchange FTX, which collapsed after reaching a $32 billion valuation earlier in the year. In total, Nasdaq companies have shed close to $9 trillion in value this year, according to FactSet. At its peak in 2000, Nasdaq companies were worth about $6.6 trillion in total, and proceeded to lose about $5 trillion of that by the time the market bottomed in October 2002.

☆ Stock futures inch lower as Wall Street awaits final trading day of 2022
▼ + stars: | 2022-12-29 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Traders work on the floor of the New York Stock Exchange (NYSE) on December 15, 2022 in New York City. Spencer Platt | Getty ImagesStock futures inched lower in overnight trading Thursday as investors braced for the final trading day of the worst year for stocks since 2008. S&P 500 and Nasdaq 100 futures traded 0.14% and 0.08% lower, respectively. For the week, the Dow and S&P are slightly higher, with the Nasdaq on track for a modest loss. Friday marks the final day of trading of what's been a painful year for stocks.

☆ Analysis: Iraq's mercurial Moqtada Sadr risks isolation with political retreat
▼ + stars: | 2022-12-29 | by ( Ahmed Rasheed | ) www.reuters.com time to read: +6 min

Pro-Sadr clerics, former legislators and analysts say Sadr has no clearly defined political role for the first time since 2005, leaving him at his weakest since entering Iraqi politics. Sadr officials, pro-Sadr Shi'ite clerics and religious sources in the sacred Iraqi city of Najaf told Reuters they believed Tehran was behind the pronouncement. Haeri told Sadr's followers to seek future guidance on religious matters from Ayatollah Ali Khamenei, a scholar who is Iran's Supreme Leader. Ghazi Faisal, chairman of the Iraqi Center for Strategic Studies think-tank, said Haeri gave "momentum to Iranian efforts to consolidate the powers of its allies in Iraqi politics." Human rights groups accused Sadr militiamen of kidnapping and killing Sunnis at the height of Iraq's civil war.

☆ Leonteq lowers profit expectations on reduced demand
▼ + stars: | 2022-12-27 | by ( ) www.reuters.com time to read: +1 min

ZURICH, Dec 27 (Reuters) - Swiss fintech Leonteq (LEON.S) said on Tuesday that it was lowering its profit expectations for 2022 due to reduced client demand in the second half of the year. "Leonteq continued to register reduced client demand on the back of an overall challenging market environment but recorded stable monthly net fee income over the same period," it said. The company said it expects to report a group net profit for 2022, without giving any exact numbers. Its previous guidance was that it would exceed the prior year's group net profit of 155.7 million Swiss francs ($167.3 million). ($1 = 0.9305 Swiss francs)Reporting by Noele Illien; Editing By Tom Hogue, Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

☆ The Nasdaq had its worst year since 2008. These are the best and worst performers and what to expect in 2023
▼ + stars: | 2022-12-27 | by ( Samantha Subin | ) www.cnbc.com time to read: +9 min

2022 brought an end to an impressive bull run for technology — and the worst year for the Nasdaq Composite since 2008. Energy stocks, meanwhile, found favor in investors' portfolios, as did healthcare and financials. Given this outlook, CNBC examined some of the worst and best-performing stocks in the Nasdaq 100 this year. Energy stocks Energy won 2022, benefitting from volatile oil prices triggered by the war in Ukraine. Meta Platforms was the worst-performing FAANG name, and one of the poorest-performing Nasdaq stocks.

☆ 12 amazing archaeological discoveries of 2022: From the world's oldest limb amputation to the fighting sausage dogs of the Roman Colosseum
▼ + stars: | 2022-12-25 | by ( Bethany Dawson | ) www.businessinsider.com time to read: +1 min

Iraq's extreme drought reveals a 3,400-year-old cityAerial view of the excavation site with Bronze Age architecture partly submerged. While this did, in parts, cause ecological devastation and ravaged wildlife hotspots, it also revealed some incredible secrets that were hidden underwater. In June, Insider's Paola Rosa-Aquino reported that successive droughts had revealed the hidden city, which dates back to the Empire of Mittani. Experts say burial beneath the fallen walls might have helped preserve the ancient structures after years of submerging underwater. You can read the full story on the hidden city here and learn about the ancient artifacts that survived over 3,000 years.

☆ 'It’s corn!,' 'Dark Brandon' and 'girl explaining': A look at the most notable memes of 2022
▼ + stars: | 2022-12-23 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Kahlan-Rosenblatt.Jpg | Kalhan Rosenblatt | ) www.nbcnews.com time to read: +8 min

Here's NBC News' roundup of the 10 most notable memes of 2022. 'Dark Brandon'The meme, which started on Twitter in early 2022, depicts President Joe Biden as a laser-eyed edge-lord. 'Girl explaining'The "girl explaining" meme actually began going viral in 2019 in Spanish-speaking circles, according to Know Your Meme. Whether it's explaining what the Inflation Reduction Act is or why the Brooklyn Library is "fine free," the most shouty memes of 2022 were conveyed through the "girl explaining." That's because the corn kid, a 7-year-old named Tariq, became one of the year's most viral memes.

☆ Investors play defense heading into final trading days of year but still hope for a Santa rally surprise
▼ + stars: | 2022-12-23 | by ( Patti Domm | In | ) www.cnbc.com time to read: +4 min

The final trading week of the year is arriving with investors more concerned about defensive positioning than whether the stock market can muster a Santa Claus rally. Stocks were mostly lower in the past week, with the S & P 500 down about 0.6% as of Friday morning. After today, there are just four trading days left in the year, with markets closed on Monday for the Christmas holiday. In an interview on CNBC Thursday, Tepper said he is "leaning short" on the stock market because of global central bank tightening. The S & P 500 has averaged a 1.3% gain in that period, going back to 1950, and has been positive four out of every five years.

☆ Nasdaq CEO to take on additional role as board chair
▼ + stars: | 2022-12-19 | by ( ) www.reuters.com time to read: 1 min

[1/2] file photo: President and CEO of Nasdaq Adena Friedman attends the Reuters NEXT Newsmaker event in New York City, U.S., November 30, 2022. REUTERS/Brendan McDermidDec 19 (Reuters) - Exchange operator Nasdaq Inc (NDAQ.O) said on Monday Chief Executive Officer Adena Friedman would take on the additional role of board chair. Friedman replaces Michael Splinter, who will take on the role of lead independent director for the exchange operator. Friedman has been Nasdaq's CEO for over five years. Reporting by Niket Nishant and Anirban Chakroborti in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.

☆ Faraday Future targets April for EV deliveries, sees fresh funding
▼ + stars: | 2022-12-16 | by ( ) www.reuters.com time to read: +2 min

[1/4] Faraday Future's luxury electric car FF91 is seen at the company's headquarters in Gardena, California, U.S. November 21, 2019. The Los Angeles-based company said it expects to start production of its FF 91 Futurist electric car at its manufacturing facility at the end of March 2023. Faraday Future, which has been struggling to raise capital to start production, said on Thursday it had received a $30 million binding letter of intent from an existing investor. Existing investors are also expected to provide capital to support production of its debut model, according to the company. In November, the company said it had "substantial doubt" about its ability to continue as a going concern and postponed deliveries of its FF 91 electric car.

☆ IPO market freeze sparks 80% drop in Nasdaq listings
▼ + stars: | 2022-12-15 | by ( ) www.reuters.com time to read: +2 min

Dec 15 (Reuters) - Equity listings on the Nasdaq fell about 80% this year, as the appetite for new issues took a hit from extreme volatility in the stock market, sparked by the Federal Reserve's war on inflation. The U.S. central bank on Wednesday raised rates as expected, but rattled investors by saying rates would remain higher for longer. That has also weighed on technology IPOs, which generally form the bulk of U.S. listings. For the year, the technology-heavy Nasdaq index (.NDX) is down 28%, well below a 16.2% decline in the S&P 500 (.SPX) index and a 6.5% drop in blue-chip Dow Jones Industrial Average index (.DJI). read moreReuters GraphicsReporting by Mehnaz Yasmin and Akash Sriram in Bengaluru; Editing by Anil D'SilvaOur Standards: The Thomson Reuters Trust Principles.

Shaquille O'Neal wants to make one thing clear: He doesn't believe in crypto, if he ever did. That's after being named in a class-action lawsuit against now-bankrupt cryptocurrency exchange FTX last month, for promoting the company in a June commercial. "A lot of people think I'm involved, but I was just a paid spokesperson for a commercial," O'Neal says. Customers have been unable to withdraw funds from FTX since the company declared bankruptcy last month. Texas is now separately investigating some celebrity FTX endorsers for potentially violating state securities laws, according to Bloomberg.

☆ America's lack of boardroom diversity isn't just a PR problem, it's a business problem that will make companies more vulnerable in a downturn
▼ + stars: | 2022-12-14 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +6 min

More than a dozen companies had no board members of color, according to the report, which relied on 2021 data. Along with a few partner organizations, Watts launched a program in August to help companies interview and select more board members from underrepresented backgrounds. Bessie Watts of Vista Equity Partners is working on a program to increase the pipeline of board members from underrepresented backgrounds. More CEOs are embracing not just the moral case for board diversity, but the business case, as well, Watts said. "We're able to meet and help support board members with valuable new insight."

☆ Quebec ends mandatory oath to King Charles for elected officials
▼ + stars: | 2022-12-09 | by ( ) www.reuters.com time to read: +1 min

MONTREAL, Dec 9 (Reuters) - Quebec on Friday passed a law ending a requirement for elected officials to take an oath to Britain's King Charles, agreeing to make such a show of fealty optional. Charles, 73, became king of the United Kingdom and the head of state of 14 other nations, including Canada, when his mother, Queen Elizabeth, died in September. "It's a beautiful moment for Quebec democracy," said PQ leader Paul St-Pierre Plamondon on Twitter. The PQ's three elected lawmakers tried unsuccessfully last week to enter the legislature after declining to take the oath. Reporting by Allison Lampert in Montreal; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.

☆ An assassination, a feud and the fight for power in Iraq's Kurdistan
▼ + stars: | 2022-12-05 | by ( Amina Ismail | ) www.reuters.com time to read: +10 min

TENSE STANDOFFAfter Rasoul's death, the KDP-dominated Regional Security Council accused a PUK security agency of the killing. It detained six men it identified as operatives involved and issued arrest warrants for another four senior PUK security officials, according to security council statement a week after the attack. Long-simmering mistrust between the two sides had already deepened this year due to a wave of defections from PUK security agencies. The senior PUK official told Reuters there had been eight. "It could've easily turned ugly," the senior PUK official said.

☆ Nasdaq's Tal Cohen on why the exchange is putting options trading in the cloud
▼ + stars: | 2022-12-05 | 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 EmailNasdaq's Tal Cohen on why the exchange is putting options trading in the cloudTal Cohen, Nasdaq executive vice president, joins CNBC's "Fast Money" to discuss moving options trading to the cloud.

On Monday, the company announced the departure of Slack CEO Stewart Butterfield, who joined Salesforce last year as part of its biggest acquisition ever. Taylor, who joined Salesforce in 2016 through the acquisition of his startup Quip, said he'd "decided to return to my entrepreneurial roots." While Taylor and Butterfield are the highest-profile exits, they're far from alone among Salesforce's executive ranks. Noah Weiss, senior vice president of product at Slack, will succeed Yehoshua, Butterfield said in a Slack message. Butterfield is being succeeded by Lidiane Jones, an executive vice president at Salesforce who joined in 2019.

☆ Macron invites Iraq PM for meeting in France in early 2023
▼ + stars: | 2022-12-04 | by ( ) www.reuters.com time to read: 1 min

[1/2] French President Emmanuel Macron attends a news conference during a visit to the Gendarmerie school as part of the International Day for the Elimination of Violence Against Women, in Longvic, France, November 25, 2022 . Christophe Petit Tesson /Pool via REUTERSPARIS, Dec 4 (Reuters) - French President Emmanuel Macron has invited Iraq's prime minister Mohammed Shia al-Sudani to a meeting in France early in 2023, Macron's office said in a statement on Sunday following a phone call between the two leaders. Macron said the two leaders have agreed to reinforce bilateral cooperation between France and Iraq and that France would help Iraq in its fight against terrorism and attacks on its sovereignty. Reporting by GV De Clercq; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

☆ Israeli journalists experience chilly reception at Qatar World Cup
▼ + stars: | 2022-12-02 | by ( Hadas Gold | ) edition.cnn.com time to read: +13 min

Former Israeli football star, and now a commentator Eil Ohana posted a video showing a Qatari police officer driving him in a golf cart. Videos have gone viral in Israel and the Arab world showing football fans yelling at Israeli reporters, refusing to speak to them because of where they are from. Canadian pop star Justin Bieber launched clean water company Generosity at Qatar’s World Cup, to provide premium alkaline water in refillable fountains across the globe. The pitch invader who waved a rainbow flag on the field during Portugal’s World Cup match with Uruguay on Monday said FIFA president Gianni Infantino came to the Qatari police station to free him in order to “avoid more controversy.”Thursday’s Group E FIFA World Cup match between Costa Rica and Germany saw an all-women refereeing team for the first time in men’s World Cup history. Stephanie Frappart, from France, led the refereeing team, making her the first woman to referee a men’s World Cup match.

A gunman, clad in all black, opened fire inside a suburban Seattle barbershop on Wednesday, killing the shop's owner while he was cutting an 8-year-old's hair, police said. Witnesses told investigators that the gunman shot the shop owner, a 43-year-old Tacoma man, "multiple times" before he "fled the area on foot," the statement said. The shooter could only be described as a 5-foot-8 man wearing all black clothing, police said. The child was not wounded during the deadly attack that unfolded about 35 miles south of downtown Seattle. Police are asking nearby residents and businesses to check their surveillance cameras, in case they might have caught a glimpse of the killer.

☆ Nasdaq CEO hopeful IPOs will pick up in 2023, calls for more crypto regulation
▼ + stars: | 2022-12-01 | by ( ) www.reuters.com time to read: +2 min

Nasdaq had 143 IPOs in the first nine months of 2022, versus 557 over the first three quarters of 2021. Friedman also said she anticipates Nasdaq's cryptocurrency custody business, Nasdaq Digital Assets, which it announced in September, to launch in the first half of 2023, pending regulatory approval. Nasdaq has also made a big push into anti-financial crimes software, with its $2.75 billion acquisition of Verafin, announced in December 2020. Friedman said she believes Nasdaq's fast-growing anti-financial crime unit could become a $1 billion-a-year business, three times its current revenue. To view the Reuters NEXT conference live on Nov. 30 and Dec. 1, please click here.

☆ JPMorgan downgrades Victoria's Secret, cites trouble for lingerie company's core business
▼ + stars: | 2022-12-01 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

It's time to move to the sidelines on Victoria's Secret after its latest earnings results, according to JPMorgan. Analyst Matthew Boss downgraded the stock to neutral from overweight, citing continued pressure ahead for the lingerie company's core business given a tough macro backdrop. Shares of Victoria's Secret declined more than 2% in Thursday premarket trading after the company reported a mixed third quarter. The lingerie company reported earnings of 29 cents per share on revenue of $1.32 billion. Shares of Victoria's Secret are off about 17% in 2022.

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