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Hardware is Wall Street's new favorite bet
  + stars: | 2024-06-17 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at the Apple-Google partnership that shows why hardware has become Wall Street's new favorite bet . The big storyHardware is hotGetty Images; Chelsea Jia Feng/BISoftware may still eat the world, but only with the help of some serious hardware. But generative AI has put a considerable spotlight on a less sexy part of tech: hardware. That's playing out in the stock market, where hardware tech stocks have outperformed software tech stocks by 30 percentage points this year , writes BI's Matthew Fox.
Persons: , Chelsea Jia Feng, Marc Andreessen's, Hugh Langley, That's, BI's Matthew Fox, it's, Steve Schwarzman, Jon Gray, Brian Ach, Tyler Le, Andy Sieg, Merrill Wealth, Dan Sundheim, Chris Tuite, Trump, Elon Musk, hasn't, Jimmy Simpson, they're, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith, Amanda Yen Organizations: Service, Elon, Apple, Business, Apple Intelligence, OpenAI, Google, Microsoft, Amazon, Oracle, Street, Nvidia, Broadcom, Blackstone, Merrill, D1 Capital, YouTube, Netflix, BI, Cannes Lions, advertising's Locations: That's, New York, London
Taxpayer deadline today: Here's what to know
  + stars: | 2024-06-17 | by ( Sharon Epperson | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTaxpayer deadline today: Here's what to knowJune may seem like an odd time to start preparing to next year's tax return. But CNBC's Sharon Epperson joins 'Squawk Box' to discuss why today marks an important deadline for millions of taxpayers.
Persons: Sharon Epperson
BOSTON — The Boston Celtics are again champions of the NBA, having claimed a milestone title Monday night that will reverberate from coast to coast and carve out legacies for the current pillars of this storied franchise. The Celtics beat the Dallas Mavericks 106-88 in Game 5 of the 2024 NBA Finals to win the series 4-1 and claim a league-record 18th NBA championship. Tatum finished with 31 points, 11 assists and eight rebounds, while Brown added 21 points. “(The Celtics are) a great team,” said Dončić, who played the series with a bruised chest and lower leg injuries. On the other end of the spectrum, Mazzulla, 35, is the youngest coach since the ABA-NBA merger in 1976 to win a title.
Persons: Joe Mazzulla, Larry O’Brien, it’d, , Jayson Tatum, , ” Tatum, Jaylen Brown, Celtics ’, Tatum, Brown, Russell, it’s, ” Brown, Jayson, Payton Pritchard, PAYTON PRITCHARD, J. W, stu, Irv, ng, te, Kar, nin Organizations: BOSTON, Boston Celtics, NBA, Celtics, Dallas Mavericks, Garden, Celtic, Boston, Los Angeles Lakers, ” Celtics, ” Boston, Dallas, ABA Locations: Boston
In early March, Dennis’ children scheduled a meeting to help their father get back on his feet after the scam. Matt and Adrienne lost their father Dennis to suicide in March after he fell victim to a cryptocurrency investment scam. Hard to believe I’m falling for a man I have never seen or spoken to,” Carina told him just a few weeks in. Carina, scam victimCarina didn’t tell her family about what had happened and the stress she was under until the very final moment. After months of hiding it, Carina told her family, who suggested she speak to Kraken directly.
Persons: Matt, , Adrienne’s, Dennis Jones, Jessie, , Dennis, Dennis ’, Adrienne, ” Matt, Chris Turner, Amanda Swinhart, they’ve, Erin West, “ I’ve, I’ve, Erin, “ We’ve, Shawn Bradstreet, Jim Castel, Bradstreet, Bumble, GASO, that’s, Tom Booth Rakesh, Rakesh, “ Klara Semonov, Tawee Sodsong, Tom Booth Pachara, Jeff Rosen, ’ Carina, “ Evan ”, Carina, WhatsApp, ” Carina, Evan Van ”, CNN Evan, Evan, consoling, Jim Castel ‘, ” Dennis messaged, ” Adrienne, Carina didn’t, “ It’s, ” Dennis ’ Organizations: Lifeline, International Association for Suicide Prevention, Befrienders Worldwide, CNN, Facebook, FBI, San, LinkedIn, Meta, Indian, Thai National Broadcasting, Befrienders Locations: Virginia, Southeast Asia, scammers, Santa Clara, California’s Bay, San Francisco, Myanmar, Cambodia, Laos, Thailand, Thai, , Russian, Salt Lake City, scamming
Read preview"Inside Out 2" smashed box-office records this weekend, giving Disney a big boost as the summer blockbuster season kicks off. On that measure it's a better debut than "The Super Mario Bros Movie" managed and is also the biggest worldwide opening weekend of the year, Deadline reported. Latin America in particular embraced "Inside Out 2" with open arms, giving it a $61 million total across the region. Related storiesDisney also said "The Incredibles 2," released in 2018, was the only Pixar release to perform better in the US across its opening weekend. AdvertisementThe first "Inside Out" made $90 million in the summer of 2015 with a $858 million global total.
Persons: , Mario, Disney, Shawn Robbins, Mouse, Guy Organizations: Service, Disney, Business, Pixar, Marvel Locations: America
I work as a private chef and love making quick and easy recipes in my air fryer. But I mostly use my air fryer to make perfectly crispy frozen tots, samosas, and arepas. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementI know it's ironic, but as a private chef, I barely have time to cook for myself. This is where my air fryer has become my close friend and ally.
Persons: fryer, , It's Organizations: Service, Business
The second-quarter estimated tax deadline for 2024 is June 17, and you could owe a penalty if you don't send a payment, according to the IRS. You typically owe estimated tax payments for income without withholdings, such as from contract jobs, freelancing or gig economy work, or if you run a small business. But quarterly estimated tax payments are not just for the self-employed or small business owners, experts say. You must make quarterly estimated tax payments if you expect to have at least $1,000 in tax liability or more on your 2024 return. For the 2024 tax year, the estimated tax deadlines are April 15, June 17, Sept. 16 and Jan. 15, 2025.
Persons: Kelly Renner Organizations: Finance, Biden, Partners Locations: Augusta , Georgia
"#TheBoys Season 4 Premiere Week is the perfect time to announce: Season 5 will be the Final Season! Season 4 is designed to be a darker, more introspective season ahead of the all-out action of season 5Jeffrey Dean Morgan as Joe Kessler and Karl Urban as Billy Butcher in season four of "The Boys." Season 5 of 'The Boys' will definitively wrap up the show's storyKarl Urban as Butcher and Antony Starr as Homelander in the season three finale of "The Boys." But the upcoming fifth season of "The Boys" will be the end of the road for the show. Jasper Savage/Prime Video"It's not totally locked in yet, but we are going to start shooting around mid-November," Kripke told Variety.
Persons: , Eric Kripke, Kripke, Jeffrey Dean Morgan, Joe Kessler, Karl Urban, Billy Butcher, Jasper Savage, Nathan Mitchell, Black Noir, Chace Crawford, Butcher, Antony Starr, Homelander, Jack Quaid, Hughie Campbell, Erin Moriarty, Annie, Variety Organizations: Service, Business, Hollywood, Amazon Studios Locations: Mexico
Jennifer Esposito was so passionate about getting her latest film done that she mortgaged her house to help finance it. So I'm going to put my money down," Esposito says. It's a film that Esposito said many people didn't believe in and even offered her money to step away from directing it. The film premiered at the 2023 Tribeca Film Festival and the Red Sea International Film Festival. At the 76th annual Cannes Film Festival, Costner spoke to the Associated Press about the decision and why he doesn't regret it.
Persons: Jennifer Esposito, Annabella Sciorra, Domenick Lombardozzi, Esposito, I've, It's, Esposito isn't, Kevin Costner, Neilson Barnard, Costner Organizations: Hollywood, Odessa A'zion, KTLA, Red Sea, Getty, Cannes Film, Associated Press Locations: Staten, Odessa, California
Experts say the "hidden costs" of owning a home, especially repairs and maintenance, can come as a shock for homeowners. Based on that calculation, Bankrate estimated, annual maintenance costs in some of the states with the highest home prices — like California, Hawaii and Massachusetts — can go over $26,000 annually. Keep your 'critical eye' as a homeownerOnce you become a homeowner, it will be important to keep up with routine maintenance in your house. To avoid surprises, try to regularly inspect your home and look for spots or corners that may need to be fixed. While homeowners are "the most critical" of a house when they're buying, they often don't keep the "critical eye" after moving in, said Hicks.
Persons: Alex Marrero, " Marrero, expats, Marrero, Angi.com, they're, Angie Hicks, Bankrate.com, Massachusetts —, you've, Jeff Ostrowski, Hicks, Dan Bawden, That's, Bawden, Tom Grill Organizations: Finance, Bankrate.com, CNBC, National Association of Realtors, Legal Eagle Contractors, Co Locations: Coral Springs , Florida, California, Hawaii, Massachusetts, Kentucky, Bellaire , Texas
California’s state budget dwarfs the gross domestic products of some countries, supporting the nation’s most populous state and the world’s fifth-largest economy. When Golden State finances swing, there is an impact — and they can swing wildly. Two years ago, the state was projecting a record surplus; now, state lawmakers are confronting tens of billions of dollars in red ink. State law requires legislators to pass a balanced budget by June 15 each year or lose their pay and expense money. Why do California’s finances jump around so much?
Persons: Gavin Newsom Organizations: Golden, Gov
The federal government has issued more than $1 billion in tax credits as an upfront cash incentive to buyers of electric vehicles, the U.S. Treasury Department and Internal Revenue Service said Wednesday. The Inflation Reduction Act created a mechanism whereby tax credits for buyers of new and used EVs — worth up to $7,500 and $4,000, respectively — could be delivered by car dealers at the point of sale. Previously, consumers had to wait until filing their annual tax return, perhaps months or more than a year after their vehicle purchase, to get the federal credit. Americans can now also get the EV tax credit upfront regardless of their federal tax liability, which wasn't the case prior to 2024. "This has never been done before," Deputy Treasury Secretary Wally Adeyemo said during a press call.
Persons: , Wally Adeyemo, expats, Biden, Adeyemo Organizations: U.S . Treasury Department, Internal Revenue Service, Finance, Trump
CNN —Former President Donald Trump has once again asked a judge to throw out the classified documents case, arguing this time that investigators destroyed exculpatory evidence by rifling through boxes for classified documents gathered in the FBI’s 2022 search of Mar-a-Lago. Special counsel Jack Smith’s team has already acknowledged in court that some of the documents may be out of order. But, according to Trump, those boxes have been tampered with because investigators failed to maintain the order of their contents. The judge has yet to decide several additional motions to dismiss the case from Trump and his two co-defendants. However, the judge gave them a small victory by removing from an indictment prosecutors’ account of Trump allegedly showing a classified map to a political adviser, as the map was not one of the documents Trump is charged with mishandling.
Persons: Donald Trump, Trump’s codefendants, Aileen Cannon, Jack Smith’s, , Trump’s, , Cannon, Trump, Organizations: CNN, Justice Department, FBI, Government, Trump, Congress
Eli Lilly headquarters in Indianapolis, Indiana, US, on Wednesday, May 3, 2023. A panel of independent advisors to the Food and Drug Administration on Monday recommended Eli Lilly 's Alzheimer's drug donanemab, paving the way for the treatment to receive full approval in the U.S. later this year. If cleared for use, Eli Lilly's donanemab would become the second Alzheimer's drug of its kind to enter the U.S. market after another treatment called Leqembi from Biogen and its Japanese partner Eisai. In a second vote, advisors unanimously said the benefits of Eli Lilly's donanemab outweigh its risks. It was another blow to Eli Lilly, which initially expected donanameb to win approval at the end of last year.
Persons: Eli Lilly, Eli Lilly's donanemab, Eisai, Eli Lilly's, Sarah Dolan, Dolan, Mark Mintun, donanameb, Leerink, David Risinger, Risinger Organizations: Food and Drug Administration, FDA Locations: Indianapolis , Indiana, U.S, Biogen, Black
Entertainment industry professionals gathered at an IATSE, Teamsters Local 399 and Hollywood Basic Crafts rally in Encino in March. They are represented by Teamsters Local 399, with the drivers making up the largest portion of their membership. What is Hollywood Basic Crafts? Hollywood Basic Crafts and Teamsters Local 399 began June 10. IATSE, Teamsters Local 399 and Hollywood Basic Crafts’ respective contracts expire on July 31.
Persons: “ There’s, ” Lindsay Dougherty, , ” Dougherty, Hollywood’s, IATSE, Dougherty, there’s Organizations: CNN, Teamsters, Hollywood Basic Crafts, Alliance, Television Producers, Crafts, IATSE, Hollywood Crafts, Entertainment, zz, International Brotherhood of Teamsters, of Transportation, wranglers, OPCMIA, Plasterers UA, International Alliance, Hollywood Locations: California, Encino, Hollywood, IBEW, IATSE
If you're living and working abroad and still need to file 2023 taxes, the deadline is only one week away. While the regular tax deadline was April 15 for most taxpayers, there's an automatic two-month extension to June 17 for those U.S. citizens and resident aliens, including dual citizens, who live outside the country. There are two ways to qualify for the June 17 deadline, according to the IRS. You must live outside of the U.S. and Puerto Rico or serve in the military outside the country during the regular tax deadline. The "fastest and easiest" ways to make payments are via an IRS Online Account, Direct Pay and the Electronic Federal Tax Payment System, according to the IRS.
Persons: John Lennon, Mike Wallace Organizations: Finance, Biden, Trump, IRS, Tax Services, Electronic Locations: Puerto Rico
Amir Levy | Getty Images News | Getty ImagesIsrael's war cabinet minister Benny Gantz resigned from the emergency government, dealing a decisive blow which is expected to entrench Prime Minister Benjamin Netanyahu deeper into a far-right support base that opposes a cease-fire in Gaza. A former chief of staff of the Israeli Defense Forces, centrist Gantz co-founded and led the National Unity party that joined Netanyahu's emergency government after the outbreak of the Gaza war. Israeli prime minister Benjamin Netanyahu and Cabinet minister Benny Gantz during a press conference in the Kirya military base in Tel Aviv , Israel , 28 October 2023. And the prime minister himself. Around 1,200 people were killed in Israel, Israeli official figures say, since the start of the Gaza conflict.
Persons: Benny Gantz, Amir Levy, Benjamin Netanyahu, Gantz, Netanyahu, Regrettably, Yoav, Gallant, entreat Gantz, Yair Lapid, Gadi Eisenkot, Lapid, Eran Etzion, Etzion, Jack Guez, Nimrod Goren, Goren, Itamar Ben Organizations: Getty, entrench, Israeli Defense Forces, National Unity, Gaza, Palestinian, Hamas, Reuters, Defense, Criminal, Gaza's Ministry of Health, Israel's National Security Council, CNBC, Ultra, Sheba Tel, HaShomer Medical Centre, Afp, Middle East Institute, U.S, Jewish Power Party Locations: Gaza, Tel Aviv, Israel, Rafah, Sheba, Ramat Gan, of Israel
Europe’s center ground is shifting further to the right
  + stars: | 2024-06-09 | by ( Luke Mcgee | ) edition.cnn.com   time to read: +6 min
And while the far right is on course to make large gains, the center parties remain ahead. For those on the center right, domestic political shifts to the hard right could make working with the hard right increasingly attractive at a European level. The deadline for this is months away, which leaves a lot of time for horse-trading, which could see elements of the center right and hard right cooperate. It’s not implausible that the center right could vote with the left on issues like support for Ukraine, but then work with the hard right on immigration and climate policy. That was the result of years of domestic politics shifting in the UK, the center right shifting to fend off the hard right, ultimately leading to that rupture.
Persons: , it’s, It’s, Emmanuel Macron, Pen, Macron, Brothers, Benito Mussolini, Ursula von der Leyen, she’s Organizations: CNN, European Union, EU, European People’s Party, Socialists, Democrats, Europe Greens, Conservative Reformers, European Locations: Europe, Ukraine, Brussels, Netherlands, France, Italy, EU
Leviathan Productions enlists "Fauda" creators for "October 7th" film on Noam Tibon's rescue. The film covers Noam Tibon's daring rescue during Hamas' attack on Tibon's family's kibbutz. Noam Tibon, armed only with a handgun, saved his family and others, gaining global attention. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .
Persons: Noam Tibon's, Noam, Noam Tibon, , Avi Issacharoff, Lior Raz, Oz Organizations: Service, Business Locations: Israeli, Israel
The US priority was first to remove sensitive equipment from Niger, a source familiar with the matter said. Much of the US military and equipment has been in Niamey at what’s known as Base 101. A source confirmed this flight was to withdraw military equipment and some personnel. The relationship between the US and the military junta grew increasingly strained as Biden administration officials called for a clear path to free and fair elections. The US was also forced to wait for the Nigerien military junta to approve flight clearances to withdraw personnel and equipment, an agreement which was only reached last month.
Persons: Sergey Lavrov, Michael Langley Organizations: CNN, US Department of Defense, Department of National Defense of, Nigerien, US, Biden, Russia’s Defense, Russian, US Africa Command Locations: Niger, Republic of Niger, Niamey, what’s, US, West African, Kremlin, Russia, Burkina Faso, Mali
But most analysts agree Gonzalez represents the best chance that Venezuela’s political opposition has had to dislodge Maduro from power since 2013. But amnesty for outgoing officials could be on the table, Gonzalez told CNN en Español. “Edmundo is a public servant, he knows there cannot be any revenge [against the government],” Eickhoff told CNN. Edmundo Gonzalez Urrutia, Venezuela's new opposition candidate, feeds birds at his home in Caracas on Wednesday, April 24. “It’s time for the big Venezuelan family to come together once more,” he told CNN en Español.
Persons: Hugo Chavez, Nicolas Maduro, Edmundo Gonzalez Urrutia, Gonzalez, – Maria Corina Machado, Corina Yoris –, , , Maduro, Leonardo Fernandez Viloria, Reuters Gonzalez, he’s, CNN En, Juan Guaido, ” Gonzalez, ” Gonzalez’s, Mariana, , Jesus Vargas, won’t, Sadio Garavini, Tullio, Chavez, “ Edmundo, he’ll, ” Garavini, George Eickhoff, Konrad Adenauer, ” Eickhoff, Machado, Edmundo, Gaby Oraa, Venezuela's, Gonzalez’s Organizations: CNN, Democratic, Maduro, European Union, Reuters, , Wednesday, Bloomberg, Getty, Real Madrid football Locations: Venezuela, Venezuela’s, Venezuelan, Algeria, Argentina, United States, Barbados, Washington, Caracas, Hague, German, Spain
Previous successSicilian town Sambuca di Sicilia will be putting a batch of abandoned homes up for sale. Sambuca made global headlines back in 2019 when CNN announced that it was putting 16 dwellings up for sale for one euro. Revival hopesA selection of homes in the depopulated towns are going under the hammer for a symbolic 3 euros. Comune SambucaSambuca’s authorities took possession of the town’s abandoned houses after an earthquake struck the surrounding Belice Valley in 1969. Interested applicants can find photos and descriptions of the available homes, along with application forms, on the town hall’s official website.
Persons: Sicily’s, Simone Padovani, , Giuseppe Cacioppo, it’s, Cacioppo, Sambuca, Sambuca’s, Comune Sambuca Keen, who’ve, they’ve Organizations: CNN, “ Foreigners, Comune Locations: Sicilia, Italy, Rome, Belice, Sicily,
How to watchThe NBA Finals will be broadcast exclusively on ABC in the United States. 8 seed Miami Heat in the Eastern Conference Finals and Jayson Tatum’s performances in the 2022 NBA Finals being examples of these concerns. “Having nine days off [before the Finals] is good for your body and for everybody to get healthy, but we’re in the NBA Finals and we’re all so anxious and excited to play. ET• Game 4: Celtics vs. Mavericks, June 14 - 8:30 p.m. ET• *Game 7: Mavericks vs. Celtics, June 23 - 8:00 p.m.
Persons: Jimmy Butler, Donovan Mitchell, Tyrese, Joe Mazzulla, Larry O’Brien, Jayson Tatum, Jason Miller, Jayson Tatum’s, , ” Tatum, we’ve, don’t, “ I’m, Jaylen Brown, Justin Casterline, Dirk, Daniel Gafford, PJ Washington, Luka Dončić, Kyrie Irving, Dereck Lively, Derrick Jones Jr, Dončić, Jason Kidd, Kidd, Dirk Nowitzki, David Berding, ” Irving Organizations: CNN, Boston Celtics, Dallas Mavericks, NBA, ABC, BBC, TNT Sports, Celtics, Miami Heat, Cleveland Cavaliers, Indiana Pacers, Los Angeles Lakers, Getty, Eastern, , ESPN, Pacers, Mavericks, Miami Locations: United States, Tyrese Haliburton, Boston, Dallas
Follow live coverage of the 2024 French Open todayWelcome back to the French Open briefing, where The Athletic will explain the stories behind the stories on each day of the tournament. Thursday brought the latest, in the second set of the French Open semifinal between Iga Swiatek and Coco Gauff. A line judge erroneously called a Swiatek serve out instead of in. Hawk-Eye is not in use at the French Open. 1, four Grand Slam titles, and another Grand Slam final with a serve that has a lot of work to be done on it?
Persons: Roland Garros, Swiatek, Coco Gauff, Glyn Kirk, Gauff, Aurelie Tourte, , , Iga, Sabalenka, Elena Rybakina, Naomi Osaka … Jelena Ostapenko, it’s, Laura Siegemund, Edouard Roger, Vasselin, Siegemund, Sofia Kenin, Frenchman, Nicolas Mahut, “ I’m, ” Siegemund, Desirae Krawczyk, Neal Skupski, Roger, Iga Swiatek, Jasmine Paolini, Mirra, Carlos Alcaraz, Alexander Zverev, Casper Ruud, Robert Prange, Eamonn Dalton Organizations: U.S, Getty, Sofia, The Athletic Locations: Gauff, France, Germany
The talks between the tour and the Saudi Public Investment Fund, which backs LIV Golf, are "extremely active," the person said. A PGA Tour representative declined to comment. The deal will reportedly be structured similar to their deal with the Strategic Sports Group, a consortium of investors. "By making PGA TOUR members owners of their league, we strengthen the collective investment of our players in the success of the PGA TOUR," Monahan said at the time. After clear lines were drawn, players expressed frustration about the proposed deal, leading the tour to increase financial incentives for golfers.
Persons: LIV, Rory McIlroy, Tiger Woods, John Henry —, McIlroy, PIF, Jay Monahan, Yasir Al, Rumayyan, hasn't, " Monahan, Jimmy Dunne, Dunne, Phil Mickelson, , Monahan Organizations: THE, Sawgrass, CNBC, Saudi Public Investment Fund, Fenway Sports, Saudi, Strategic Sports Group, The New York Times, Tour Enterprises, PGA, Fenway Sports Group Locations: Ponte Vedra Beach , Florida, Saudi, New York
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