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The Stocks That AI Mania Left Behind
  + stars: | 2023-11-28 | by ( Charley Grant | ) www.wsj.com   time to read: 1 min
This was supposed to be the year value stocks shined. Then AI mania took over and ran away with the spotlight. Shares of big tech companies are surging this year and racing past value stocks once again, powered by investor optimism about the promise of artificial intelligence. That is a reversal from last year, when value stocks pulled ahead of growth stocks for the first time since 2016.
Jamie Lynn Spears and her older sister, Britney Spears, have a strained relationship. Jamie Lynn revealed Britney's lasting advice on dealing with public scrutinyIn June 2016, Jamie Lynn told People Now that she and Britney had many conversations about coping with fame. Jamie Lynn said that having a famous sibling was a 'crucial' example for her as she began her careerJamie Lynn Spears and Britney Spears on stage at the 2002 Teen Choice Awards. Jamie Lynn called Britney a 'strong, badass, unstoppable woman'Britney Spears and Jamie Lynn Spears backstage during the 2003 Kids' Choice Awards. In June 2021, Jamie Lynn finally weighed in on the #FreeBritney movement after being criticized for not publicly voicing her supportJamie Lynn Spears, Britney Spears, and Kevin Federline in July 2005.
Persons: Jamie Lynn Spears, Britney Spears, Jamie Lynn, Britney, , she's, Britney's, MTV VMAs, Kevin Kane, She's, Maddie, Ivey, raeU7wlh5C, Kevin Winter, Frank Micelotta, Halsey, Maren Morris, Spears, , i9rZzYvW4s, Mariah Carey, She'd, Kevin Federline, Jeffrey Mayer, I've, I'm, who's, hasn't, Britney’s, Chang, Britney's conservatorship, didn't, Jason Alexander, Brit, It's, Britney Mark Avery, Alex Cooper's, Charley Gallay, Momma, Variety, Madonna, Britney don't, Brtiney, family's Organizations: Service, Nickelodeon, Entertainment, MTV, Billboard, Hollywood, America, Guardian, New York Times, ABC News, Fame, San, Paramount Locations: Hollywood, Louisiana, Las Vegas, San Vicente, West Hollywood , California, British
Stocks Rise for Fourth Consecutive Week
  + stars: | 2023-11-24 | by ( Charley Grant | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/stocks/global-stocks-markets-dow-news-11-24-2023-134c52f0
Persons: Dow Jones Organizations: dow
The new protocol involves perfume samples on display and a salesperson on call to retrieve the item should a patron want to purchase. The company told CNN the change was implemented because perfumes and colognes were among the most frequently shoplifted items in Sephora stores, and shoplifting numbers were trending higher. At Sephora, consumers could handle the product themselves, wandering the aisles and filling up shopping baskets like they were at the supermarket. Returning to a different perfume shopping model is a bit of a return to the status quo of an earlier era. Previous generations did more interfacing with salespeople in stores, particularly for items like perfume, and perhaps we should too.
Persons: Elena Sheppard, , Sephora, schtick, Charley Gallay, I’m eyeing Organizations: Cuban, Martin’s Press, CNN, New York Times Locations: St, cologne, Sephora
Gunjan BanerjiGunjan Banerji is the lead writer for The Wall Street Journal's live markets coverage. Her articles and videos have covered the biggest stories in financial markets of the past decade, spanning stocks, bonds and derivatives. Gunjan helped lead the Journal’s award-winning coverage of retail investing and the meme stock mania that swept markets in 2021. She continues to explore how individual investors are navigating the financial markets and where they are putting their money. In her spare time, Gunjan can be found practicing Classical Indian Dance or playing with her bernedoodle Todd.
Persons: Gunjan, Gerald Loeb, Todd Organizations: CNBC, New York Press, Newswomen’s, of New, GameStop, Netflix, Journal, New York University, Columbia University’s Graduate School of Journalism, NYU Locations: of New York, New York
Charley GrantCharley Grant is a banking reporter at The Wall Street Journal based in New York. Previously, he was a Heard on the Street columnist. He is a CFA charter holder.
Persons: Charley Grant Charley Grant Organizations: Wall, Journal, CFA Locations: New York
There is a lot riding on the earnings report this week from Nvidia , both for the company’s ebullient investors and the entire stock market. Nvidia has been the big winner of the bet that artificial intelligence is the next big thing in tech, the so-called AI trade that surged in popularity after OpenAI’s release of its ChatGPT app. The chip maker’s shares have more than tripled this year, contributing to a sizable portion of the S&P 500’s 18% rise.
Organizations: Nvidia
Jordan Spieth replaces Rory McIlroy on PGA Tour board
  + stars: | 2023-11-20 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Golf - The 2023 Ryder Cup - Marco Simone Golf & Country Club, Rome, Italy - September 30, 2023 Team USA's Jordan Spieth reacts after a missed putt on the 1st green during the Foursomes REUTERS/Phil Noble/ File photo Acquire Licensing RightsNovember 20 - Jordan Spieth will serve the remainder of Rory McIlroy's term as a player director the PGA Tour's policy board. Commissioner Jay Monahan announced the change to tour members on Monday. "With Rory McIlroy resigning from the PGA Tour Policy Board last week, per the PGA Tour Tournament Regulations, the five remaining Player Directors have elected Jordan Spieth to serve the remainder of Rory's term which expires at the end of 2024," Monahan wrote to members, according to an email obtained by Golf Channel. He also acknowledged that the agreement between the PGA Tour and DP World Tour with Saudi Arabia's Public Investment Fund (PIF), which backs LIV Golf, over future cooperation affected his role on the board. Spieth, 30, is a 13-time winner on the PGA Tour with major victories at the Masters (2015), U.S. Open (2015) and The Open Championship (2017).
Persons: Ryder, Marco Simone Golf, USA's Jordan Spieth, Phil Noble, Jordan Spieth, Rory McIlroy's, Jay Monahan, Tiger Woods, Patrick Cantlay, Charley Hoffman, Peter Malnati, Webb Simpson, Rory McIlroy, Monahan, Jordan, McIlroy, LIV Golf Organizations: Country Club, REUTERS, PGA Tour, Golf, PGA, Saudi Arabia's Public Investment Fund, Thomson Locations: Rome, Italy, U.S
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/stocks/global-stocks-markets-dow-news-11-15-2023-49e6130a
Persons: Dow Jones Organizations: dow
China Is Becoming a Problem for Investors
  + stars: | 2023-11-08 | by ( Charley Grant | ) www.wsj.com   time to read: 1 min
Yum China, which operates Pizza Hut restaurants in the country, recently reported that consumer demand softened in September and October. Photo: Cfoto/Zuma PressChina has long been a source of stock-market optimism. Now it is turning into a reason for worry. Investors started the year by pouring money into China-focused funds, a bet that the end of Covid-19 restrictions would unleash supercharged spending in the world’s second-largest economy. Instead, a stubborn lack of growth and escalating political tensions with the U.S. are fostering poor returns and uncertainty about the future.
Organizations: Zuma Press China, U.S Locations: China, Covid
___The generational shift at quarterback in the NFL reached a new milestone last week. This was the first time since Week 6 of the 2002 season that no quarterback born in the 1980s took the field. That raised the total of rookie starting QBs this season to nine, tying the non-replacement record set in 2019. The youth movement at quarterback has played a role in the struggles on offense across the league in the first half of the season, with scoring at its lowest mark through nine weeks since 2007. NEW YUCK, NEW YUCKThe performance so far this season for the New York teams has been rather offensive.
Persons: Tom Brady's, Aaron Rodgers, Matthew Stafford, Kirk Cousins, Ryan Tannehill, Russell Wilson, Arizona's Clayton, Tommy DeVito, Daniel Jones, QBs, C.J ., Jared Goff, Peyton Manning, Donovan McNabb, Ben Roethlisberger, Hill, Hall, Hall of Famer Frank Gifford, Gifford, Hall of Famers Charley Trippi, Red Grange, Jimmy Conzelman, Minnesota's Joshua Dobbs, hadn't, Dobbs, Paul Governali, Dare, Ka’imi Fairbairn, Ogunbowale, Wes Welker, Tony Galbreath, NEW, ___ Organizations: NFL, Jaren, Giants, Houston, Tampa Bay, Hall of Fame, Chicago, Hall of Famer, Hall of Famers, Vikings, Cardinals, Boston Yanks, New York Giants, Stroud's Texans, New, New Orleans, Green, AFC East, Miami, New York Jets, AFC West, NFC, AFC North, Cincinnati, AFC, NFC West, Seattle, Rams, New York, The Jets, Jets, The Giants Locations: C.J . Stroud, Stroud, New Orleans, Hall, Red, Miami, New England, Buffalo, Baltimore, Cleveland, Pittsburgh, Francisco, Baltimore , Arizona, Green Bay
The Traffic Jam in Low Earth Orbit
  + stars: | 2023-11-08 | by ( Charley Locke | ) www.nytimes.com   time to read: 1 min
WORKS OF ART, BOTH HUGE AND EXTREMELY TINY Art in space ranges from the minuscule to the size of spacecraft. In 2018, the aerospace manufacturer Rocket Lab sent a reflective geodesic sphere called “Humanity Star” into orbit; viewers could see the shining disco ball from Earth. Works from a second grader and a fourth grader in Florida will soon head into orbit as winners of the state’s Space Art Contest.
Organizations: Rocket Locations: Florida
The buzz among developers is reminiscent of the iPhone and App Store launches. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementThe AI developer community is so hyped for an upcoming keynote that it's giving Steve Jobs-launches-the-iPhone energy all over again. ChatGPT developer OpenAI is kicking off its first developer conference in San Francisco on Monday, almost a year after releasing the chatbot publicly for free. Ultimately, the App Store changed software development and became a major revenue spinner for Apple.
Persons: , Steve Jobs, OpenAI, Sam Altman, NCENOGzcq5, 4EjZo7huFQ, Brian Roemmele, Charley Ma, Yasser Elsaid, Altman Organizations: Service, Apple Locations: San Francisco, OpenAI, ChatGPT
I'm fucking done," she told a reporter at Time, who described Wolfe Herd as "blinking back tears" during the interview. "My hands are tied," Wolfe Herd told the audience, according to several people who were in the room. Wolfe Herd once called him her biggest mentor, saying, "He's become my family and one of my best friends." Some early employees said they only found out about the shadow-equity program, and who received it, years later. Based on the current share price, Wolfe Herd is no longer a billionaire, though her fortune still sits at an estimated $627 million.
Persons: Whitney Wolfe Herd, Andrey Andreev, Wolfe Herd, Bumble, Whitney Wolfe, Wolfe, Bumble wasn't, Charley Gallay, I've, Robbie McKay, McKay, Jerod Harris, Sarah Mick, Bumble's, That's, Mick, Justin Mateen, Tinder, Antoine Antoniol, Andreev, What's, He's, , Jody Thelander, Alexandra Williamson, Samantha Fulgham, Chelsea Maclin, Caroline Ellis Roche, Michael Herd, they'd, Taylor, they're, Vivien Killilea, didn't, Charles Elson, Elson, Blackstone, Forbes, Ben Bergman Organizations: Worldwide Vision, Nasdaq, Carlton, Getty, Fortune, Andreev's, TechCrunch, Southwest, telltale, Founders, Chelsea, Austin, Ritz, Mailchimp, Intuit, University of Delaware, Twitter Locations: Russian, Austin, Los Angeles , California, Bumble, Northern California, Deer Valley , Utah, Punta Mita , Mexico, Tinder, London, Bermuda, WVL, San Francisco, Texas, Positano, Italy, Bay, Atlanta, MagicLab, Badoo, bbergman@insider.com
Disney has offered Comcast $8.6 billion to take full control of Hulu. AdvertisementAdvertisementDisney has offered to pay $8.6 billion to take full control of Hulu from Comcast, which holds a 33% stake in the streaming platform. Disney regards Hulu as a crucial part of its push to reach wider audiences, The Wall Street Journal reported. Hulu has about 48 million subscribers compared with almost 162 million for Disney+, per Forbes, but is one of the few profitable streaming platforms, alongside Netflix. Hulu is already offered by Disney in a bundle with its Disney+ and ESPN+ streaming services.
Persons: Bob Iger's, , Bob Iger, Iger, Charley Gallay Organizations: Disney, Comcast, Hulu, Service, Street Journal, Forbes, Netflix, ESPN, ABC Locations: Hulu
America leads developed nations when it comes to obesity. Those paying close attention to the stock market and recent corporate earnings calls might be forgiven for thinking the problem has been solved. Call it the Ozempic effect. A new generation of highly effective weight-loss and diabetes drugs known as GLP-1s has led to fanciful assumptions on Wall Street that spell doom for companies that have profited from America’s obesity problem. It has also led to speculation that gigantic opportunities await those that would benefit from the aggregate weight loss.
He had eight catches for 130 yards and two TDs last week to set an NFL record with his sixth straight game with at least 125 yards receiving. Brown has 831 yards in his last six games and is currently on pace for 1,995 — slightly ahead of Johnson's record. Mahomes had won 13 straight games in the division, one shy of the longest streak since the merger held by Peyton Manning and Andrew Luck. Mahomes also saw an end to his streak of 35 straight games in the regular season or playoffs with at least one TD pass. The Panthers had lost 56 straight games when they trailed at any point in the fourth quarter for the longest streak since at least 1991.
Persons: Brown, Calvin Johnson's, Charley Hennigan, Elroy Hirsch, Don Hutson, QBS Will Levis, Marcus Mariota, Hall, Hall of Famer Fran Tarkenton, Levis, Bryce Young, Anthony Richardson, Aidan O’Connell, Dorian Thompson, Robinson, Tyson Bagent, Jaren, Kirk Cousins, Clayton, Young, Peyton Manning, Ryan Leaf, Zach Wilson, Trevor Lawrence, Mariota, Jameis Winston, Rick Mirer, Drew Bledsoe, BUSTER Kansas, Patrick Mahomes, Otto Graham, Mahomes, Andrew Luck, Drew Brees, San, Kyle Shanahan, Tyrod Taylor, Tommy DeVito, Ryan Leaf's, ___ Organizations: NFL, Miami Dolphins, Philadelphia Eagles, Levis, Atlanta, Hall of Famer, C.J, Arizona, Young, Stroud, Panthers, Denver, Chiefs, Broncos, Miami, Buffalo, San, Rams, Kansas City, Carolina, Sunday, Philadelphia, New York Giants, Jets, The Giants, Giants, Cleveland, Jacksonville, Chargers, Raiders, Eagles Locations: A.J, Tennessee’s, Stroud, Minnesota, San Francisco, Kansas
Charley Gilleran ’s rigging-equipment warehouse on the outskirts of Los Angeles is a lot quieter than it used to be. A Hollywood production freeze caused by months of writer and actor strikes has meant the chain hoists, trusses and ramps used in movies like “Oppenheimer” and Zack Snyder ’s coming “Rebel Moon” now sit largely unused. Gilleran and his partner have borrowed against their homes to keep their company afloat and are pursuing work on live events and commercials instead of film and TV.
Persons: Charley Gilleran ’, “ Oppenheimer ”, Zack Snyder ’ Locations: Los Angeles
Charley Gilleran ’s rigging-equipment warehouse on the outskirts of Los Angeles is a lot quieter than it used to be. A Hollywood production freeze caused by months of writer and actor strikes has meant the chain hoists, trusses and ramps used in movies like “Oppenheimer” and Zack Snyder ’s coming “Rebel Moon” now sit largely unused. Gilleran and his partner have borrowed against their homes to keep their company afloat and are pursuing work on live events and commercials instead of film and TV.
Persons: Charley Gilleran ’, “ Oppenheimer ”, Zack Snyder ’ Locations: Los Angeles
Stocks Fall in Strong Week for U.S. Treasury Yields
  + stars: | 2023-10-21 | by ( Charley Grant | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/stocks/global-stocks-markets-dow-news-10-20-2023-18c4fe6
Persons: Dow Jones Organizations: dow
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/banking/morgan-stanley-ms-q3-earnings-report-2023-f3ada31a
Persons: Dow Jones, morgan, stanley
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/banking/goldman-sachs-pulling-back-from-consumer-lending-reports-33-decline-in-profit-eb1a8649
Persons: Dow Jones, sachs Organizations: goldman
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/banking/goldman-sachs-gs-q3-earnings-report-2023-eb1a8649
Persons: Dow Jones, sachs Organizations: goldman
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/stocks/global-stocks-markets-dow-news-10-10-2023-769d0573
Persons: Dow Jones Organizations: dow
Higher Rates Have Bank Stocks on the Mat
  + stars: | 2023-10-09 | by ( Charley Grant | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/banking/higher-rates-have-bank-stocks-on-the-mat-5e1d27a2
Persons: Dow Jones
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