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☆ Robin Williams wrote a letter to a school principal urging they 'rethink' the expulsion of a 'Mrs. Doubtfire' child star
▼ + stars: | 2024-05-04 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +3 min

Read previewOne of the child stars of "Mrs. Doubtfire" revealed that Robin Williams went to bat for her after she was expelled for taking time off to star in the blockbuster comedy film. "Mrs. Doubtfire" starred Williams as a divorced dad who hatches an elaborate plan to imitate a female housekeeper so he can work for his estranged wife and see his children. "I got thrown out of high school on 'Doubtfire,'" Jakub told her costars. I was attending high school in Canada, then I left for four months to go film the movie." Speaking to Business Insider last year on the 30th anniversary of the movie, "Mrs Doubtfire" director Chris Columbus said that he and Williams began discussing the possibility of a sequel in 2014.

Persons: —, Doubtfire, Robin Williams, Williams, Lisa Jakub, Sally Field's, Mara Wilson, Matthew Lawrence, Jakub, Robin, Sally Field, Lawrence, hadn't, Chris Columbus Organizations: Service, Business, Fox, University of Southern, LA Locations: Canada, University of Southern California, Columbus

☆ Earnings will drive the market next week — what we expect from 2 portfolio stocks
▼ + stars: | 2024-05-04 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

With the Fed, Apple earnings and the jobs report passing with flying colors this week, the runway to more gains looks a lot less cluttered. This past week was chock full of Club earnings: 12 portfolio companies, including Apple , delivered results. Analysts expect Wynn's earnings per share of $1.27 versus 29 cents a year ago when China was not fully back from Covid. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jerome Powell, we're, Jim Cramer, Jim, Apple, Eli Lilly, Estee Lauder, Stanley Black, Decker, Bausch, FactSet, It's, Bob Iger, Iger, Nelson Peltz, We're, Krystal, Berkshire Hathaway, Tyson, Jones Lang, Walt, Ferrari N.V, WK Kellogg, Wynn, Vishay, CRON, MARA, RICK, Ginkgo, Jim Cramer's, David Paul Morris Organizations: Federal Reserve, Apple, GE Healthcare, DuPont, Linde, Bausch Health, Coterra Energy, Club, Disney, Wynn Resorts, CNBC, Revenue, Vegas Sands, Cotai, Boston, Airlines, Krystal Biotech, Alpha Metallurgical Resources, Axsome Therapeutics, Tyson Foods, TSN, Bowlero Corp, CNA Financial Corp, CNA, Jones Lang LaSalle Incorporated, Technologies, Realty Income Corp, Lab, Teradata Corp, Technology, FMC Corporation, FMC, Paymentus Holdings, Shockwave, Vertex Pharmaceuticals, Goodyear Tire & Rubber Company, Simon Property Group, Sterling Construction Company, Apple Hospitality, Boise Cascade Corporation, BellRing Brands, Coty, COTY, Fidelity National Information Services Inc, Vornado Realty, Walt Disney Co, Holdings, Madrigal Pharmaceuticals, Nikola Corporation, BP, Rockwell Automation, MarketAxess Holdings, Jumia Technologies, GEO Group, Builders FirstSource Inc, Duke Energy Corp, WYNN, Rivian Automotive, Arista Networks, Occidental Petroleum Corp, Astera Labs, Bros, Flywire Corporation, B2Gold Corp, Kinross Gold Corp, Virgin Galactic Holdings, iRobot Corp, Electronic Arts Inc, McKesson Corp, ACM Research, Avadel Pharmaceuticals, Toyota Motor Corp, Emerson Electric Co, Perion, Editas, Brink's Company, Sinclair Corporation, New Fortress Energy, Starwood Property Trust, Animal Health, ELAN, Farms, IM Cannabis Corp, Fox Corporation, Formula One, Icahn Enterprises, Teva Pharmaceutical Industries, Arm Holdings plc, ARM, AMC Entertainment Holdings, Trade, AppLovin Corporation, Sciences Corp, SolarEdge Technologies, Roblox Corporation, GigaCloud Technology Inc, Warner Bros ., Properties Trust, Growers, Constellation Energy Group, Cronos, Fiverr, Solar Inc, EPAM Systems, Cedar Fair Entertainment, Digital Holdings, RCI Hospitality Holdings, Akamai Technologies, Semiconductor, Insulet Corp, NuScale Power Corporation, Ginkgo Bioworks Holdings, Bloom Energy Corporation, Construction, AMC Networks, CRH Public Ltd . Company, Jim Cramer's Charitable, Allen, Co . Media, Technology Conference, Bloomberg, Getty Locations: China, Eaton, Amazon, Covid, Macao, Vegas, Sun Valley , Idaho

☆ Opinion | What Medical Stories Do We Trust?
▼ + stars: | 2024-05-04 | by ( Ross Douthat | ) www.nytimes.com time to read: +1 min

Let me tell you a medical story; you decide what you make of it. A person has a routine medical experience, the kind that all their neighbors have had as well. The medical system can’t help them, so they join online communities that provide validation but not a cure. The routine medical experience that preceded his mystery illness was his taking — because his employer required it — the Covid vaccine. Are you suddenly forming a theory of what’s wrong with him?

Organizations: Fox News Locations: Indiana

☆ Stormy unchained: Lawyers for Trump and porn star struggled to control her after hush-money story broke in 2018
▼ + stars: | 2024-05-04 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +8 min

Text messages shown in Donald Trump's hush-money trial reveal attorneys' struggles to manage Stormy Daniels. Michael Cohen, Trump's ex-attorney, appeared frantic in messages after the hush-money story broke in 2018. Minutes later Cohen texted Davidson, "Please call me," before he again texted, "Cmon!" Advertisement"Why is she going on Kimmel after the Sotu," Cohen texted Davidson days earlier. "She just denied the letter," Cohen texted Davidson at the time.

Persons: Donald Trump's, Stormy Daniels, Michael Cohen, Trump's, Cohen, Daniels, —, Keith Davidson, Davidson, Trump, Drew Angerer, Davidson texted Cohen, Cohen messaged Davidson, Stephanie Clifford —, Sean Hannity's, Davidson texted, Cohen texted Davidson, texted, Eduardo Munoz, Let's, Cohen backtracked, Michael Cohen's, Jane Rosenberg Davidson, Kimmel, Jimmy Kimmel, Cohen messaged, Gina Rodriguez, Gina Organizations: Prosecutors, Trump, Service, Street, Sean Hannity's Fox, Manhattan, REUTERS, Attorney's Locations: Los Angeles, LA, Manhattan, NY

☆ Campaign Updates Noem, under fire for her new book, joins other V.P. contenders at G.O.P. donor retreat.
▼ + stars: | 2024-05-04 | by ( Chris Cameron | ) www.nytimes.com time to read: +4 min

That will be corrected in future editions of the book, too, said Ian Fury, the chief of communications for Ms. Noem. “It was brought to our attention that the upcoming book ‘No Going Back’ has two small errors,” Mr. Fury said. “I had the chance to travel to many countries to meet with world leaders — some who wanted our help, and some who didn’t,” Ms. Noem writes. The conversation that Ms. Noem describes having with Ms. Haley, the former South Carolina governor who dropped out of the Republican presidential primary in March, suggests that Ms. Haley had threatened her because they were both prominent Republican women. It was weird.”Chaney Denton, a spokeswoman for Ms. Haley, said Ms. Noem’s story was inaccurate.

Persons: Kristi Noem, Kim Jong, Noem, Donald J, Trump, Noem’s, Nikki Haley, Ian Fury, Mr, Fury, Kim, “, —, Ms, I’d, Haley, “ I’ve, I’ve, ” Chaney Denton, “ Nikki, ” Ms, Denton, Sean Hannity, ” Organizations: North Korean, The New York Times, South, House Armed Services Committee, North, Republican, Trump, Cricket, Fox News Locations: South Dakota, North Korean, South Carolina

☆ Buy 'undervalued' Berkshire Hathaway shares ahead of 'Woodstock for Capitalists,' says CFRA
▼ + stars: | 2024-05-03 | by ( Michelle Fox | ) www.cnbc.com time to read: +1 min

Before billionaire investor Warren Buffett takes the stage at Berkshire Hathaway's annual meeting on Saturday, investors may want to scoop up some of his stock, according to CFRA. "CFRA believes Berkshire Class B shares are undervalued versus historical averages, and we expect improved claim trends at GEICO and strong reinsurance results will provide the shares with a catalyst for continued outperformance," analyst Catherine Seifert wrote in a note Thursday. BRK.B 1Y mountain Berkshire Hathaway year to date Her $472 price target on class B shares suggest nearly 18% upside from Thursday's close. The meeting in Omaha, Nebraska, has been dubbed "Woodstock for Capitalists" thanks to the tens of thousands of investors who flock to hear Buffett speak. During the Q & A session, Seifert expects topics to include succession planning, given Charlie Munger's recent passing and Buffett's age, and its strategies on Geico, energy and acquisition.

Persons: Warren Buffett, CFRA, Catherine Seifert, Buffett, Seifert, Charlie Munger's Organizations: Berkshire Hathaway's, Berkshire Class, Berkshire Hathaway Locations: Omaha, Berkshire, Omaha , Nebraska, Woodstock

☆ Stock market today: US stocks end the week higher after solid earnings and Goldilocks jobs report
▼ + stars: | 2024-05-03 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Solid earnings results and a weaker-than-expected April jobs report helped push stock prices higher. "The case for rate cuts got a little stronger today. AdvertisementUS stocks surged on Friday after a solid Apple earnings report and a weaker-than-expected April jobs report, which increased the chances of an interest rate cut from the Federal Reserve later this year. The case for rate cuts got a little stronger today. AdvertisementAlso helping boost stocks Friday was Apple, which surged about 7% after it reported a better-than-feared second-quarter earnings report.

Persons: TradeStation's David Russell, —, David Russell Organizations: Nasdaq, Service, Federal Reserve, Business, Apple

☆ 'Shark Tank' star Kevin O'Leary says pro-Palestinian student protesters are 'screwed' when they apply for jobs because employers will identify them through AI
▼ + stars: | 2024-05-03 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

The "Shark Tank" host said employers could identify applicants who joined in the protests using AI. Advertisement"Shark Tank" host and investor Kevin O'Leary says pro-Palestinian student protesters will be "screwed" when they start job hunting. That goes in this pile over here, cause I can get the same person's talent in this pile that's not burning anything," O'Leary told Fox News' The Five on Wednesday. So if you're burning down something, or taking a flag down, or fighting with police, I'm sorry, you're trashing your personal brand," O'Leary told CNN's Laura Coates. "Harassment and intimidation, there's no place for that, frankly at those universities, and certainly no place for that at a company like Exxon Mobil," Woods told the outlet.

Persons: Kevin O'Leary, —, O'Leary, CNN's Laura Coates ., O'Leary isn't, Darren Woods, Woods, Winston, Strawn Organizations: Service, Palestinian, Fox News, CNN, BI, Columbia University, UCLA, Exxon Mobil, CNBC, New York University, Hamas Locations: Gaza, Israel

☆ Stocks making the biggest moves midday: Apple, Expedia, Block, Live Nation and more
▼ + stars: | 2024-05-03 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: Apple — The tech giant jumped more than 6% after announcing it would repurchase $110 billion in shares . That topped analysts' estimates for earnings of $1.50 per share on revenue of $90.01 billion, per LSEG. Block — The payment services provider added 1% after posting first-quarter results that beat analysts' expectations. Live Nation Entertainment — Shares jumped 9% on the back of better-than-expected first-quarter revenue. However, the company beat analysts' expectations for the first quarter.

Persons: LSEG, Piper Sandler, FactSet, Eli Lilly, Cloudflare, Jefferies, —, Alex Harring, Lisa Kailai Han, Michelle Fox, Pia Singh Organizations: Apple, Management, Wall Street, BMO Capital Markets, Expedia, Holdings, bullish Bank of America, Novo Nordisk, Arista Networks, Arista Locations: Thursday's, billings

CNN —For South Dakota Gov. A bipartisan group of members of Congress set up a Congressional Dog Lovers Caucus in a not so subtle dig to the South Dakota governor. Some Republicans came to her defense, like South Dakota Rep. As many questioned why she volunteered this story in her book, Noem said it demonstrates how she doesn’t run from the truth. As governor of South Dakota during the height of the Covid-19 pandemic, she resisted lockdowns.

Persons: Kristi Noem, –, Donald Trump’s, ”, Noem, Dusty Johnson, Dakota Sen, Mike Rounds, “, ” Noem, ” Trump, Stephen Colbert, Kim Jong, Emmanuel Macron, Kim, Nikki Haley, Haley, Ian Fury, ” Fury, ” Jesse Hunt, Trump, She’s, Corey Lewandowski, That’s, ” Nancy Pallozzi, Matt Gorman, Gorman, it’d Organizations: CNN, South Dakota Gov, Cricket, The Guardian, Caucus, South Dakota Rep, Fox News, Dakota Scout, US House Armed Services Committee, North Korean, Scout, Politico, South Carolina Gov, Republicans, Republican, Republican Governors Association, National Rifle Association, Trump, Trump loyalists, Mar, California GOP, Jefferson County Republicans, Jefferson County Republican Party Locations: Dakota, America, Texas, South Dakota, California, Denver, Jefferson

☆ BlackRock says now is the time to lock in higher yields and move cash into bonds
▼ + stars: | 2024-05-03 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Investors with cash on the sidelines may want to start moving some of that money into bonds, according to a new report from BlackRock. The bond market has seen some volatility amid the uncertainty around interest rates and the Federal Reserve's monetary policy. Bond yields move inversely to prices. US10Y YTD mountain 10-year Treasury yields Yields are at levels not seen in 20 years, he pointed out. Aggregate Bond ETF year to date The iShares Core Total USD Bond Market ETF (IUSB) is also a passively managed, broad bond market fund which adds exposure to potentially higher-yielding names.

Persons: Steve Laipply, shouldn't, Laipply Organizations: Federal, Treasury, BlackRock, Fed, Core, Aggregate Bond, Bloomberg U.S, SEC, Aggregate, Bond Locations: BlackRock

☆ Why Wall Street is so happy to see the job market slowing down
▼ + stars: | 2024-05-03 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

US stocks soared on Friday after a light April jobs report gave investors hope of a rate cut sooner than later. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The market is currently in a situation where negative economic news is positive for risk assets like stocks. Advertisement"The April jobs report was just what the market ordered," Russell Price, chief economist at Ameriprise, wrote in a client note. Today's jobs report was the "first material 'downside surprise' in over two years," added Key Wealth CIO George Mateyo in comments to Business Insider.

Persons: —, Russell Price, George Mateyo Organizations: Service, Federal Reserve, Treasury, Ameriprise, Business

☆ Interest rates and the AI-fueled rally remain top of mind for stock investors in the week ahead
▼ + stars: | 2024-05-03 | by ( Alex Harring | ) www.cnbc.com time to read: +9 min

The Fed and economic policy were top of mind this week given the central bank's Wednesday decision to yet again leave interest rates unchanged , as it has since last summer. This week included the conclusion of April's trading month, which marked the first down month of the year for all three major market averages. Indeed, some recent earnings reports have raised doubts about the economy, with brands from McDonald's and Starbucks evidencing signs of strain among consumers. While no new inflation numbers are scheduled for release next week, investors will see reports on March wholesale inventories, March consumer credit and May consumer sentiment from the University of Michigan. AI trade Though interest rates took center stage this week, investors also continued monitoring companies tied to the artificial intelligence boom amid the stocks' recent choppiness.

Persons: they're, Jerome Powell, Larry Tentarelli, David Donabedian, Sam Stovall, There's, Stovall, Tom Hainlin, Tentarelli, CFRA's Stovall, Lyft, Cabot, Aramark, Tempur Sealy, Nikola, Walt Disney, Sally Beauty, Warby Parker, Krispy Kreme, Papa John's Organizations: Federal Reserve, Treasury, Nasdaq, Dow Jones, CIBC Private Wealth, Dow, CFRA, Citigroup, Bank of America, U.S, Bank Wealth Management, University of Michigan, Nvidia, Disney, Spirit Airlines, Tyson Foods, Pharmaceuticals, Lucid, Palantir Technologies, Simon Property, Tech, Lab, Goodyear Tire, Noble Corp, Vornado Realty, Coty, BellRing, Consumer, UBS, BP, Nintendo, Bloomin, Duke Energy, Rockwell Automation, Ferrari, NRG Energy, Electronic Arts, Cirrus, Adaptive Biotech, Arista Networks, Dutch Bros, Holdings, Virgin Galactic, IAC, Rivian Automotive, Brighthouse, Occidental Petroleum, Assurant, Kinross Gold, Labs, Diamond, Reddit, Anheuser, Busch InBev, Embraer, Health, United Parks & Resorts, Emerson Electric, Brookfield , New York Times, Food, Reynolds Consumer Products, Teva Pharma, Uber Technologies, Dine Brands, Liberty Broadband, Fox Corp, Cushman &, Liberty Media, Arm Holdings, Kodiak Gas Services, Solaredge Technologies, AMC Entertainment, Cheesecake, News Corp, Toyota Motors, Fair, US Foods, Hyatt Hotels, Warner Bros, Hilton, Warner Music Group, Unity Software, Insurance, Gen, Honda, AMC Networks Locations: Central, McDonald's, Expeditors, Occidental, Angi, Brookfield , New, Ambev, Cushman & Wakefield, Michigan

☆ Amgen soars 16% after it talks up a new weight loss drug that could be injected monthly instead of weekly
▼ + stars: | 2024-05-03 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The company talked up its experimental GLP-1 weight-loss drug, MariTide. The new weight loss drug could be injected monthly instead of weekly. AdvertisementThe competition is fierce in the GLP-1 weight loss market, with Novo Nordisk's Ozempic and Wegovy and Eli Lilly's Mounjary and Zepbound dominating sales. AdvertisementWhile a monthly weight-loss injected drug may sound appealing to patients, it is likely still far from hitting the market, assuming it passes all of its clinical trials. And even more convenient than a monthly injection of GLP-1 would be a weight loss pill, though Amgen said it ditched development of its oral weight loss drug candidate to instead focus on the development of MariTide.

Persons: —, Amgen, Robert Bradway, Eli Lilly's Mounjary, Bradway, MariTide, James Bradner, Goldman Sachs, it's, hasn't Organizations: Service, Nordisk's Ozempic, Wall Street Locations: America

☆ Who is Hope Hicks, longtime Trump aide who is testifying in NY hush money case?
▼ + stars: | 2024-05-03 | by ( Michelle Shen | ) edition.cnn.com time to read: +8 min

Washington CNN —Hope Hicks, once a longtime trusted aide in Donald Trump’s inner circle, is testifying Friday in the New York hush money trial after being subpoenaed. As CNN reported previously, Hicks appeared before the grand jury last year before Trump was indicted, as did Trump counselor Kellyanne Conway. According to reporting from “The Divider: Trump in the White House, 2017-2021,” Trump is quoted as saying, “Well, Hope doesn’t believe in me.”“No, I don’t,” Hicks replied, according to the book. “Nobody’s convinced me otherwise.”In October 2022, Hicks testified before the House select committee investigating the January 6, 2021, Capitol riot. In a video clip played by the committee, Hicks testified about a conversation she had with Trump after the election, regarding his baseless claims of election fraud.

Persons: Washington CNN — Hope Hicks, Donald Trump’s, “, ” Hicks, Hicks, Trump, Kellyanne Conway, Cohen, Stormy Daniels, Rob Porter, Trump’s, Porter, ” Trump, Hope doesn’t, ”, “ Nobody’s, Trump “, ’ ” Hicks, Daniels, ” Cohen, Prosecutors, upended, –, David Pecker, Dylan Howard, Stephanie Clifford, I’ve, Sheila Jackson Lee, Jerry Nadler, Nadler, ’ Organizations: Washington CNN, CNN, Trump, Trump Organization, White, House Intelligence, Fox News, Trump White, House, Capitol, Politico, US, of, American Media Inc, AMI, National Enquirer, FBI, ” Prosecutors, Democratic Rep, New York Democrat Locations: New York, Southern, of New York, Trump’s

☆ Stocks making the biggest moves premarket: Apple, Amgen, Cloudflare and more
▼ + stars: | 2024-05-03 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Hershey — Shares of the chocolate confectionary maker added about 1% after Hershey posted a first-quarter earnings beat. Hershey's $3.25 billion revenue also beat the $3.11 billion consensus. Amgen — Shares soared 13% after the biotech firm posted a first-quarter earnings and revenue beat. Cloudflare — The stock continued to sink, plunging 12% after reporting weak full-year guidance, although Cloudflare posted a first-quarter earnings and revenue beat. However, Coinbase's first-quarter revenue of $1.64 billion beat the $1.34 billion consensus, according to LSEG.

Persons: Hershey, LSEG, Apple, Eli Lilly, Cloudflare, Expedia, Piper Sandler, Fortinet, FactSet, Jefferies, Coinbase's, Benjamin Nolan, — CNBC's Brian Evans, Michelle Fox, Hakyung Kim, Tanaya Macheel Organizations: Hershey —, Apple, Novo Nordisk, BMO Capital Markets, Revenue, Arista Networks, Arista, LSEG . Union Pacific, JPMorgan Locations: billings, LSEG, Stifel

☆ Musician Rosalía brings the straitjacket back into view
▼ + stars: | 2024-05-03 | by ( Leah Dolan | ) edition.cnn.com time to read: +5 min

CNN —On Tuesday, 12-time Latin Grammy winner Rosalía stepped out in New York wearing an outfit that demanded a double-take. (Since the release of her third album, “Motomami,” Rosalía has been spotted in everything from biker-style shield sunglasses to Harley Davidson helmets). In 1994, the New York State’s Office of Mental Health proposed that straitjackets be discontinued after 18 patients died while restrained or in “unsupervised seclusion” between 1988 and 1992. But Rosalía isn’t the first to attempt to recontextualize the garment in the name of fashion. At the Gucci show in 2019, Ayesha Tan-Jones protested the label's straitjacket-inspired clothes by writing "Mental health is not fashion" on their hands.

Persons: Rosalía, Rick Owens, ” Rosalía, Harley Davidson, Gucci, Ayesha Tan, Jones, ”, Alessandro Michele’s, hasn’t, Julia Fox, we’ve, Ye’s, Bianca Censori, John Galliano —, Dior, —, Maison, Dolce, Rosalia Organizations: CNN, York State’s, Mental Health, Fashion, Gucci, Penske Media, Maison Margiela, Dolce, Gabbana Locations: New York, Spanish, York, Gotham, Tan, Florence, Italy, Shanghai, China

☆ Apple's record $110 billion stock buyback is bigger than Boeing, Airbnb, and Chipotle
▼ + stars: | 2024-05-03 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Apple just launched a $110 billion stock buyback program, the biggest in history. Apple's new stock buyback program is more than the value of Boeing, Airbnb, and Chipotle. AdvertisementApple just launched a $110 billion stock buyback, the biggest in stock market history. Since then, the company's stock buyback programs have reduced its total share count to 15.44 billion, and at current prices, this stock buyback program would retire an additional 600 million shares. To put in perspective just how big Apple's stock buyback program is, consider these companies that have a total market value of less than $110 billion.

Persons: —, Apple, Dan Ives, Corey Lever, Eric Risberg, Chipotle, Gregory, Brandon Bell, Airbnb, ROSLAN RAHMAN Organizations: Apple, Boeing, Service, Greater, Waste, AP, Portland Press, Getty, Dell Technologies Dell, DELL Locations: Greater China, Oakland, Calif, , Texas

☆ Live updates: University protests at UCLA, Columbia campuses amid Israel's war in Gaza
▼ + stars: | 2024-05-02 | by ( Elizabeth Wolfe | Dalia Faheid | ) edition.cnn.com time to read: +4 min

Hundreds of demonstrators have been arrested in the last 24 hours as protests decrying Israel's bombardment of Gaza continue at university campuses across the nation. The majority of demonstrations have called for the divestment from companies that support Israel and the war in Gaza. Meanwhile, at the University of Arizona, law enforcement used pepper balls and rubber bullets against protesters Wednesday, the university said in a statement. The Los Angeles Police Department has also issued a city-wide "tactical alert" related to a pro-Palestinian encampment at UCLA, a law enforcement source told CNN. University of Texas at Dallas: At least 17 arrests have been made at the campus as of Wednesday evening, school officials said.

Persons: That's, Minouche Shafik, Lowenstein, Jennifer L, Mnookin Organizations: University of California, CNN, University of Arizona, Columbia University, City College, Hamilton Hall, City College of New, University, Dartmouth College, WMUR, Fordham University, NYPD, Buffalo, Los Angeles : Police, Los Angeles Police Department, UCLA, University of New, State, New Hampshire Department of Safety, ” University of Texas, Austin Fox, University of Texas, Austin, Texas Department of Public Safety, . University of Texas, Dallas, University of Wisconsin Locations: Gaza, Israel, Los Angeles, New York, City College of New York, University of New Hampshire, Austin, Madison

☆ Live updates: Apple to report quarterly earnings today after the market close
▼ + stars: | 2024-05-02 | by ( Matthew Fox | ) www.businessinsider.com time to read: +1 min

Apple reports second-quarter earnings on Thursday. Investors will be looking for updates on Chinese iPhone demand. NEW LOOK 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 . AdvertisementApple will report fiscal second-quarter earnings on Thursday after the closing bell.

Persons: — Organizations: Apple, Service Locations: China

☆ Stocks making the biggest premarket moves: Peloton, Carvana, Cigna, Qualcomm and more
▼ + stars: | 2024-05-02 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Carvana — The used car seller spiked 36% after posting first-quarter revenue Wednesday of $3.06 billion, above analysts' consensus estimate of $2.67 billion. Cigna — The insurer moved 1% higher after first-quarter adjusted earnings of $6.47 per share topped the $6.22 expected from analysts polled by LSEG. Zillow estimated second-quarter revenue of $525 million to $540 million, versus $559.2 million expected from analysts polled by FactSet. Freshworks — The software development company plunged 27% after projecting second-quarter revenue of $168 million to $170 million and full-year revenue of $695 million to $705 million. Analysts polled by FactSet expected $172.1 million for the quarter and $708.3 million for the year.

Persons: Barry McCarthy, Carvana, Morgan Stanley, Cardinal, Nio, Zillow, LSEG, FactSet, Qorvo, —, Jesse Pound, Lisa Han, Pia Singh, Tanaya Macheel Organizations: Qualcomm, LSEG, LSEG . Revenue, Health, FactSet, eBay Locations: Nio —, LSEG

☆ Gen Z Status Symbol: Why Everyone Is Getting Botox Injections
▼ + stars: | 2024-05-02 | by ( Eve Upton-Clark | ) www.businessinsider.com time to read: +9 min

The faces that hold social currency on social media — with fox-lift brows and buccal fat removed — are increasingly bleeding into real life. AdvertisementEven before the remote-work boom, writers noticed social media was shaping the way people looked. The shift from surgical procedures to minimally invasive injections has also made cosmetic work safer and more available to average people. "The gap between the identity we present on social media and the self we see in the mirror is growing," Widdows told me. As more people get cosmetic work done, the rest of us lose touch with what's normal.

Persons: it's, Z, It's, Heather Widdows, else's, Snapchat, Anne, Mette Hermans, Widdows, Gen Zers, Hermans, you've, we've Organizations: American Academy of, New Yorker, University of Warwick, American Psychological Association, Boston University School of Medicine, City University of London, Tilburg University Locations: Instagram, United States, Netherlands

☆ 5 indicators that show the US economy is still firing on all cylinders despite slowing GDP
▼ + stars: | 2024-05-02 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

The US economy is still firing on all cylinders despite slowing GDP growth in the first quarter. "The workhorse of the US economy remains the consumer, and there's really not much sign of a slowdown," Varghese said. AdvertisementThe US economy is firing on all cylinders despite a slowdown in first-quarter GDP growth, according to Carson Group global macro strategist Sonu Varghese. These are the five indicators that give Varghese confidence that the US consumer, and therefore the US economy, remains on solid footing. Income growth is outpacing inflationDespite elevated inflation, wage growth continues to outpace inflation growth, and that's ultimately a boon for consumers.

Persons: Sonu Varghese, there's, Varghese, that's, That's, " Varghese, here's Organizations: Carson, Carson Group

☆ The Fed likely won't cut rates until after a recession strikes, research firm says
▼ + stars: | 2024-05-02 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

The Fed likely won't cut interest rates until after a recession arrives, according to GlobalData TS Lombard. The research firm said Fed Chair Powell is likely to fall into the trap of being reactionary when it comes to rate decisions. AdvertisementThe Federal Reserve is making a big mistake by not cutting interest rates right now, according to GlobalData TS Lombard chief US economist Steven Blitz. And if inflation sees a sharp rebound to 5%, "they obviously hike" interest rates, Blitz said. AdvertisementAll-in, according to Blitz, it means that interest rates could stay at current levels for longer-than-expected, especially since it appears there will be no recession this year.

Persons: Powell, Steven Blitz, Jerome Powell, Blitz, Jeremy Siegel Organizations: Fed, GlobalData, Lombard, Federal Reserve

☆ Universities are making it worse with their 'overreaction' to pro-Palestinian protests, expert on American dissent says
▼ + stars: | 2024-05-02 | by ( Katie Balevic | ) www.businessinsider.com time to read: +5 min

Similar scenes unfolded at the University of Southern California, Emory University, George Washington University, the University of Arizona, the University of Wisconsin-Madison, Portland State University, the University of California, Los Angeles, and many more. "The overreaction that the universities are having is only going to magnify these protests. Police arrest more than 100 students at New York University protesting Israel's attacks on Gaza. Fatih Aktas/Anadolu via Getty ImagesThe campus protests reminded Young of students protesting the Vietnam War in the 1960s, when he was among them. The result then, and possibly now, could be even more protests, Young said.

Persons: Ralph Young, —, Aaron Morrison, Young, Benjamin Netanyahu, I've, Fatih Aktas, they're Organizations: Service, Columbia University, City College of New, City College of New York , New York City Police Department, University of Texas, Texas Department of Public Safety, University of Southern, Emory University, George Washington University, University of Arizona, University of Wisconsin, Portland State University, University of California, —, New York Police Department, Temple University, Fox News, Police, New York University, Getty, National Guard, Kent State Locations: Gaza, City College of New York , New, Austin, University of Southern California, Madison, Los Angeles, Israel, New York, Palestine, Israeli, Fatih, Anadolu, Vietnam, United States, Columbia, That's, Kent

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