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A short seller on Tuesday alleged that beauty and wellness company Oddity Tech has been misleading investors and isn't the online-only retailer it's claimed to be. Ningi has a short position in Oddity but didn't disclose the size of that position. Oddity Tech, the parent company of makeup brand Il Makiage and skincare brand Spoiled Child, sold investors on the premise that it's disrupting the legacy beauty industry by changing the way people buy makeup online. Ningi Research is alleging that Oddity is not a purely digital company and that its Il Makiage brand has more than 40 stores in Israel, where the company is based. Oddity previously told CNBC that more than half of its business is from repeat customers.
Persons: it's, Ningi, didn't, ODDITY's, they've, Oran Holtzman, Holtzman, authorizations, We'll, we've Organizations: Tech, CNBC, Ningi, U.S . Ningi, Better Business Locations: Israel, U.S
Three seasons in, Claudia Jessie still thinks that Eloise Bridgerton is cool. Warning: Minor spoilers ahead for "Bridgerton" season three, part one. There's room for play as well. Claudia Jessie as Eloise Bridgerton in season three of "Bridgerton." "Bridgerton" season three, part two premieres June 13.
Persons: Claudia Jessie, Eloise Bridgerton, Jessie, Penelope Featherington, Nicola Coughlan, she's, Cressida Cowper, Jessica Madsen, Eloise, Penelope, Liam Daniel, Netflix Eloise, Lady Whistledown, it's, Nicola, we've, isn't, Cressida, Theo, Jess Madsen, We've, Jess, we'll, Daphne, Francesca, Benedict, I've, There's, there's, who's, doesn't, that's, Nothing's, I'm, I'd Organizations: Service, Business, Netflix, Guardian Locations: London
Read previewOpenAI's fight with Scarlett Johansson isn't just a PR disaster (and a big one at that). Most of all, it shows there's just really, really bad judgment going on at the highest levels of Sam Altman's company. But everyone immediately noticed that the "Sky" voice that ended up on ChatGPT reminded them of ScarJo. And then Sam Altman, in one of the greatest self-own moves of the generative AI era, tweeted out "her" during the product demo last week. The OpenAI team used a Scarlett Johansson sound-alike voice — also completely avoidable.
Persons: , Scarlett Johansson isn't, there's, Sam Altman's, ScarJo, Johansson, OpenAI, Scarlett Johansson, Sam Altman, wasn't, Johansson's, Altman, it's, Ilya Sutskever Organizations: Service, Business, Hollywood, SAG, CNN, Reuters, Marvel, tech's, Facebook, Microsoft, eventual Locations: Turkey
While NCsoft shares are only traded in South Korea, they are accessible to U.S. and European investors through ETFs. The company's shares have been hit hard over the past few years, with the stock price declining significantly from its peak in 2021 and falling 40% over the past 12 months. German, co-manager of the Emerging Market Value strategy at Schroders , attributes the sell-off to several factors. In addition, NCsoft also announced a cost-cutting program and a share buyback program earlier this month which have already boosted the company's stock price by around 10%. Most analysts have a hold rating on the stock, giving shares only a 2% upside, according to FactSet data.
Persons: Vera German, NCsoft, Nexon Organizations: Esports, CNBC Pro, Investor Conference, South Korean Locations: Korean, South Korea, London, Korea
Warning: Spoilers ahead for "Bridgerton" season three, part one. "Bridgerton" season three has some callbacks to the events of "Queen Charlotte: A Bridgerton Story." Here are the most important "Queen Charlotte" references in "Bridgerton" season three, part one. AdvertisementThe latest season of "Bridgerton" includes a few callbacks to "Queen Charlotte: A Bridgerton Story" that some fans may have missed. After two successful seasons of "Bridgerton," Netflix created the "Queen Charlotte" spin-off in an effort to expand the hit show into a franchise like Star Wars or Marvel.
Persons: Charlotte, , Brimsley, Hugh Sachs, Lady Danbury, Violet Bridgerton, Ruth Gemmell, Queen Charlotte, Golda Rosheuvel Organizations: Service, Netflix, Star, Marvel, Business Locations: Adjoa
Versatile and resilient, the lobster survives by molting, shedding its skin and growing into a new, bigger shell. Red Lobster said it planned to reduce its locations as it prepared to to sell most of its assets. In the meantime, surviving Red Lobster restaurants will remain open. It has been a painful, slow end for Red Lobster, whose death throes were telegraphed earlier this year when the company reportedly sought to restructure its debt. After decades as a General Mills subsidiary, Red Lobster was purchased by a private equity firm in 2014, and bolstered by a 2020 investment from a Thai seafood conglomerate.
Persons: molting Organizations: General Mills
Microsoft announces new PCs with AI chips from Qualcomm
  + stars: | 2024-05-20 | by ( Jordan Novet | ) www.cnbc.com   time to read: +3 min
Copilot+ PCs with AMD and Intel chips will follow, Microsoft said during a press keynote address on its campus in Redmond, Washington. AI models will be able to generate images based on written descriptions as well as drawings. Microsoft is banking on Qualcomm's energy-efficient Arm -based chips that can handle AI models to defend its Windows franchise. The new PCs can run some AI models locally without an internet connection. Microsoft has had little success in getting people to adopt Arm-based Windows computers, which haven't always performed as well as PCs running Intel or AMD chips.
Persons: Satya Nadella, Snapdragon, haven't, Morgan Stanley Organizations: Microsoft Corp, Microsoft, Windows, Qualcomm, Lenovo, Dell, HP, Asus, Acer, Samsung, AMD, Intel, Apple Locations: Jakarta, Indonesia, Redmond , Washington
Read previewFilmmaker George Miller opened up about the on-set feud between "Mad Max: Fury Road" stars Tom Hardy and Charlize Theron in an interview with The Telegraph. AdvertisementThe 79-year-old Academy Award-winning director, who has returned to the franchise to direct the prequel, "Furiosa: A Mad Max Saga," added that he "saw their behavior as mirroring their characters, where they had to learn to co-operate to ensure mutual survival." Charlize Theron and Tom Hardy in "Mad Max: Fury Road" (2015). Tom Hardy and Charlize Theron. "You have to be obsessive about safety – physical safety, as the shoot goes on and fatigue sets in, but also psychological safety," he said.
Persons: , George Miller, Max, Tom Hardy, Charlize Theron, Hardy, Theron, Miller, Tom, Charlize, Kyle Buchanan's, Furiosa, Max Rockatansky, Mark Goellnicht, Goellnicht, Warner, Anya Taylor, Joy, Chris Hemsworth Organizations: Service, The Telegraph, Business, Warner Bros, Fury, Fair, Telegraph Locations: Australian
There is no franchise in Hollywood filmmaking that is as consistently good, and as consistently interesting, as “Planet of the Apes.”I feel very strongly about this, and not because I am an admitted enthusiast of genre filmmaking. Like any long-running series, “Planet of the Apes” — which spans 10 films and more than 50 years — has its lows. If you somehow are not familiar with the premise of “Planet of the Apes,” it is surprisingly straightforward. The first five films, beginning with 1968’s “Planet of the Apes” and concluding with 1973’s “Battle for the Planet of the Apes,” tell the story of the fall and rise (and fall again, perhaps) of ape society. When the apes finally arrive — as predators hunting a roving band of humans — it is in a kinetic sequence of genuine intensity.
Persons: , Charlton Heston, Franklin J . Schaffner, “ Patton, Leon Shamroy, Cleopatra ”, Taylor Organizations: Hollywood, of
Jeff Yang CNNLike its predecessors, GPT-4o is trained on enormous quantities of data to process queries, recognize patterns and deliver helpful responses. Watching the reveal, I found myself involuntarily gasping as researchers Mark Chen and Barret Zoph showed off GPT-4o’s new chops. The freakout aspect of the reveal came from how it demonstrated that GPT-4o isn’t just a tool — it’s a tool with personality. On the one hand, having the option to interrupt your AI chatbot when it’s going astray saves time. On the other, watching dudes repeatedly talking over a female-reading chatbot made it abundantly clear why you can’t spell “mansplain” without AI.
Persons: Jeff Yang, Bruce ”, , Jeff Yang CNN, Mark Chen, Barret Zoph, Chen, Mira Murati, Parmy Olson, , Desi Lydic, , Sam Altman, it’s, Siri, ” chuckling, Altman, Spike Jonze’s, Joaquin Phoenix, Scarlett Johansson, Marc Benioff, Johansson, chatbot, mansplain Organizations: CNN, omni, Zoph . Media, Bloomberg, , Twitter, Boston Dynamics Locations: Asian America, America, omnimodal
Following the success of 2015's "Max Mad: Fury Road," which took in over $380 million at the worldwide box office, "Furiosa" tells the origin story of one of the main characters from "Fury Road," Charlize Theron's Imperator Furiosa. Mel Gibson, the original Mad Max, rarely spoke; same for Tom Hardy, who played Max in "Fury Road." AdvertisementBut it's not as good as "Fury Road"Tom Hardy and Charlize Theron on "Mad Max: Fury Road." Warner Bros. PicturesFor all the praise "Furiosa" is receiving, many critics believe it doesn't surpass Miller's thrilling opus, "Mad Max: Fury Road." "'Furiosa' is a big step down from 'Mad Max: Fury Road,'" opined The Hollywood Reporter critic David Rooney.
Persons: , Max, George Miller's, Furiosa, Anya Taylor, Joy, Taylor, Chris Hemsworth's, Critics, Jasin Boland, Owen Gleiberman, Miller, Hannah Strong, Joy doesn't, that's, shouldn't, Mel Gibson, Tom Hardy, John Nugent of, emoting, Charlize Theron, IndieWire's David Ehrlich, Chris Hemsworth, Dementus, He's, there's, Liz Shannon Miller, it's, who's, David Rooney, wouldn't Organizations: Service, Business, Cannes Film, Warner Bros, Hemsworth, Fury, Hollywood, The New York Times Locations: Dementus
Cramer's Lightning Round: DraftKings is a buy
  + stars: | 2024-05-16 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Accenture's year-to-date stock performance. Stock Chart Icon Stock chart icon Ouster's year-to-date stock performance. Stock Chart Icon Stock chart icon Vistra's year-to-date stock performance. Stock Chart Icon Stock chart icon DraftKings' year-to-date stock performance. [buy, buy, buy!]
Persons: I'm, it's, I've, DraftKings Organizations: Accenture, Boston
CNN —Newly crowned three-time NBA Most Valuable Player (MVP) Nikola Jokić put on a show and proved why he is the rightful recipient of the award in the Denver Nuggets’ 112-97 playoff victory over the Minnesota Timberwolves on Tuesday. So good was Jokić’s performance that teammates and opponents alike were lavishing him with praise after the game. He’s the best player in the NBA, he showed it the last three games, three games in a row. Only five teams in NBA history have come back to win a best-of-seven series when losing the first two at home. Brunson, who bounced back impressively after a poor showing in Game 4, also added seven assists and four rebounds.
Persons: Nikola Jokić, Rudy Gobert, Aaron Gordon, , , Anthony Edwards, Jokić “, ” “, ” Edwards, He’s, ” Gordon, Jamal Murray, Karl, Anthony Towns, Edwards, Garrett Ellwood, “ Nikola, Michael Malone, Brunson, Pacers Jalen Brunson, LeBron James, Pascal Siakam, Tyrese Haliburton Organizations: CNN, Denver Nuggets, Minnesota Timberwolves, Denver, Nuggets, ESPN, , NBA, Timberwolves, Western, Knicks, Pacers, New York Knicks, Indiana Pacers, Eastern Locations: Serbian, Minnesota, Minneapolis, Indianapolis, Indiana
Whether retail investors profit from their bets on GameStop and AMC Entertainment or not, one group of companies looks set to cash in from the frenzied trading: stock exchanges. So-called meme stocks, which gained popularity through social media platforms like Reddit and Twitter (or X), have attracted retail investors looking to make a quick profit. Through this new innovative offer, we will offer retail investors a true one-stop-shop experience for equity trading," he said in May 2023. "The rise of retail options trading is another secular trend we're excited to build on with more platforms coming online for index options trading later this year, giving retail investors expanded access to our products," Howson said on an earnings call to analysts this month. ICE, which owns the New York Stock Exchange and several other exchanges, offers trading in stocks, bonds, commodities, currencies and derivatives.
Persons: Eric Leupold, Deutsche Boerse, Benjamin Goy, Stéphane Boujna, FactSet, David Howson, Howson, Oppenheimer, Hannah Gooch, Peters, Marco Iachini ​, Organizations: GameStop, AMC Entertainment, Twitter, Deutsche Borse AG Deutsche Börse, Frankfurt Stock Exchange, Corona, Deutsche Börse, DB1, Deutsche Bank, Global Equity, Cboe, Wall Street, Intercontinental Exchange, Sanlam Investments, ICE, New York Stock Exchange, Vanda Locations: Germany, U.S, Switzerland, Italy, Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo, Paris, France, Portugal, Europe
It has only been a month since the storybook ending of “The Golden Bachelor,” ABC’s buzzy spinoff of “The Bachelor,” featuring cast members 60 and up, got a divorce-announcement epilogue. But ABC is giving the dating franchise another chance at love. Joan Vassos will be the first “Golden Bachelorette” in a new season of the reality dating show this fall. Ms. Vassos, a 61-year-old school administrator from Rockland, Md., was a contestant on the inaugural season of “The Golden Bachelor” last year. She chose to leave the show during its third week because her daughter was experiencing health problems soon after giving birth.
Persons: , Joan Vassos, Ryan Seacrest, Vassos, Gerry Turner, Ms, Turner Organizations: ABC Locations: Rockland, Md
Read previewA restaurant in Las Vegas hosted what parents described as an "extremely disappointing" "Bluey" meet-and-greet event which left kids upset and their parents angry. one person wrote on Facebook. "Bluey is a guy in Bluey pajamas," one person wrote. Some people said they wouldn't return to the restaurant after their experience at the Bluey event. one Facebook user wrote.
Persons: , FOX5 Vegas, Taj Wilder, FOX5, , Instagram, Ludo Studio, Richard Haigh, Willy Wonka Organizations: Service, Facebook, Business, Staff, Sams Club, Costco, Brand Finance, Bloomberg Locations: Las Vegas, Glasgow
Read previewChris Hemsworth criticized high-profile directors and his fellow Marvel actors for "bashing" the superhero genre when it is beloved by "billions." Chris Hemsworth as Thor in "Thor: Love and Thunder." "Superhero films actually kept people in the cinemas during that transition and now people are coming back. Related storiesHemsworth then turned his attention to Marvel actors who have spoken out against the franchise after their movies failed. Despite his strong defense of Marvel, Hemsworth criticized his last movie appearance, "Thor: Love and Thunder," on multiple occasions.
Persons: , Chris Hemsworth, Martin Scorsese, Francis Ford Coppola, Quentin Tarantino, what's, Hemsworth, Thor, Scorsese, Coppola, Idris Elba, Anthony Hopkins, Christian Bale, Amr Alfiky, I've Organizations: Service, Marvel, Business, Times, Marvel Studios, GQ Locations: London
CNN —Never before has there been such anticipation ahead of a WNBA season. It’ll be a busy opening day of action, with four games on the slate – including Caitlin Clark’s Indiana Fever debut at 7.30 p.m. 1 pick in April’s 2024 WNBA draft. But now Clark will lace up her shoes for her WNBA debut when she and her Indiana teammates travel to Connecticut to face the Sun. Angel Reese will look to impress in her debut season for the Chicago Sky.
Persons: Caitlin Clark’s Indiana, Clark, TickPick, Caleb Williams, ” Clark, , Gregory Shamus, Lin Dunn, Los Angeles Sparks –, , Cameron Brink, Rickea Jackson, Sparks, Jackson, Angel Reese, Melissa Tamez, Kamilla Cardoso, Reese, Cardoso, A’ja Wilson, Kelsey Plum, Alysha Clark, Candance Parker, Sabrina Ionescu, Breanna Stewart, Courtney Vandersloot, Jonquel Jones, Sandy Brondello, Alyssa Thomas, DeWanna Bonner, Leila Lacan Organizations: CNN, WNBA, Washington Mystics, New York Liberty, Entertainment, Sports Arena, Mystics, Liberty, ESPN3, ESPN, Amazon Prime, ION, NBA, ABC, CBS Sports Network, CBS, Paramount, NCAA, Iowa Hawkeyes, Chicago Bears, Sun, Mohegan Sun, Aliyah, Los Angeles Sparks, Los, Chicago Sky, LSU, Aces, Las Vegas Aces, Las, Barclays Center . The Liberty, Vegas, Connecticut Sun Locations: Washington , DC, Indiana, Connecticut, Aliyah Boston, Boston, Clark, Boston , Indiana, Brink, Los Angeles, Chicago, Illinois, South Carolina, Las Vegas, New York, Angers, France
Deutsche Bank maintained a hold rating on Nvidia ahead of earnings next week, while Wells Fargo raised its price target. The firm downgraded shares to neutral from buy while lowering its price target to $35 from $55. He has a $850 price target on shares, indicating shares pulling back nearly 6% from Monday's close. The analyst raised his price target on the stock to $1,150 from $974, implying upside of more than 27%. He also raised his price target to $78 from $68, implying upside of 19% from Monday's close.
Persons: Wells Fargo, Roth, Roblox, Eric Handler, Handler, — Hakyung Kim, Tesla's, Elon Musk's, Tesla, Dan Levy, Levy, Hakyung Kim, Jefferies, Boston Beer, Samuel Adams, seltzer, Kaumil, Boston Beers, Seltzer, Gajrawala, Ross Seymore, NVDAs, Seymour, Wells Fargo's Aaron Rakers, Rahul Krotthapalli, Krotthapalli, Fred Imbert Organizations: CNBC, Nvidia, Deutsche Bank, JPMorgan, Roth Capital Partners, Barclays, Jefferies, Boston Beer, Boston, Deutsche, Fitness Locations: Monday's, Boston
Shares of Xponential Fitness , the parent company of CycleBar and Pure Barre fitness studios, bounced around in trading Monday after the company announced late Friday that CEO Anthony Geisler would be suspended indefinitely and would become an inactive member of the board. Xponential Fitness, which owns more than 3,000 boutique fitness and wellness studios globally, also said it received notice last week of a probe by the U.S. Attorney's Office for the Central District of California. Piper Sandler maintains a hold rating on Xponential Fitness stock, but lowered its price target to $9 from $12. Xponential Fitness' leadership had previously disclosed an SEC investigation in December, which alleged that the company provided false and/or misleading information to investors, including unit volume metrics and franchise closures. "The Company intends to continue cooperating with the SEC and intends to cooperate with the USAO," Xponential Fitness said in a press release announcing the executive changes.
Persons: Anthony Geisler, Brenda Morris, Korinne Wolfmeyer, Piper Sandler Organizations: U.S, Attorney's, Central, Central District of, SEC, Fitness Locations: CycleBar, Barre, Central District, Central District of California
CNN —The Atlanta Hawks will be selecting first in the 2024 NBA Draft after winning the Draft Lottery conducted at the McCormick Place Convention Center in Chicago on Sunday. Atlanta had a 3% chance at landing the top pick after finishing 10th in the Eastern Conference this season with 36-46 record. The Hawks have never had the first pick since the NBA moved to a Draft Lottery in 1985. The Washington Wizards, who were tied with the Detroit Pistons for the highest odds to land the top pick at 14%, will have the second pick. The 2024 NBA Draft will take place from June 26-27, in the first-ever two-day event at Barclays Center in Brooklyn, New York.
Persons: David Thompson, Victor Wembanyama, Alex Sarr Organizations: CNN, The Atlanta Hawks, Sunday, Atlanta, Eastern Conference, Hawks, Orlando Magic, NBA, Washington Wizards, Detroit Pistons, Houston Rockets, San Antonio Spurs, Pistons, Barclays Center Locations: McCormick, Chicago, N.C . State, Brooklyn , New York
In his case, he said, it was “tremendously debilitating and really seriously emotionally incapacitating.”“It was one of the most traumatic points of my life but it is my story,” he said. Pine candidly said that he felt like Rush “didn’t have to talk about it” in the book. “I can understand that they wanted to have pretty people doing pretty things and bad acne is not a key,” he said. “I don’t want to say I’m grateful for not having landed that… but I’m alright.”Pine, of course, is more than alright. “I know how depressing it can be and the kind of depths of sorrow it can drag you to,” he said.
Persons: Chris Pine, Pine, , Josh Horowitz, Patrick Rush, Alan Sepinwall’s, Rush, Ryan Atwood, Atwood, Ben McKenzie, Rush “, , Kirk Organizations: CNN, Hollywood, Trek Locations: Hollywood, Rush
Read previewNcuti Gatwa has addressed the backlash from "Doctor Who" fans criticizing the sci-fi series for leaning into diverse casting and storylines. It's just really sad for them," he added. The Doctor (Ncuti Gatwa) and Ruby Sunday (Millie Gibson). "But it warms my heart to know that little Black kids out there will be like, 'Oh, I can be The Doctor,'" Gatwa added. The new "Doctor Who" season is being treated as a rebranding of sorts for the franchise — it's being referred to as both season 1 and season 14.
Persons: , Who, Gatwa, It's, David Tennant, Jodie Whittaker's, Ruby, Millie Gibson, Russell T, Davies, You've Organizations: Service, Business, NPR, inclusivity, BBC Studios, Disney, Daily Locations: British
Bearing that in mind, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Silberman noted that U.S. same-store sales growth of 5.6% reflected broad-based momentum, with improved traffic experienced in carryout and delivery. She added that the traffic growth was driven by Domino's revamped loyalty program, strong value proposition, operations and innovation. The analyst also noted that DPZ is benefiting from increased contributions from Uber Eats, thanks to growing marketing efforts and awareness. The analyst thinks that the company's strategic initiatives will enhance same-store sales growth and drive meaningful restaurant margin expansion in the near and long term.
Persons: Lauren Silberman, Silberman, Domino's, Uber, TipRanks, BTIG, Peter Saleh, Saleh, Baird, William Power, Power Organizations: Wall Street, U.S, Deutsche Bank, Investors, Apple's, Apple Locations: China, TipRanks
After all, we are so used to seeing older men playing action heroes with all the verve and pep of younger men. The original “Speed,” which was directed by Jan de Bont, came out in 1994 and grossed about $350 million worldwide. Let’s pretend “Speed 2: Cruise Control” (1997) never happened — the movie was a flop, and Reeves wasn’t even in it. Older female actors in action roles often feel disposable and replaceable. But there’s something satisfying about seeing familiar characters age in exciting ways — and about seeing an older woman kick ass.
Persons: Patricia Grisafi, Mary Sue, CNN — Patricia Grisafi, Patricia Grisafi “ Indiana Jones, , Karen Allen, Marion Ravenwood, ” Marion, — slinging, we’re, Keanu Reeves, Sandra Bullock, Keanu, ” Bullock, Bullock, Reeves, John Wick, Jan de Bont, Reeves wasn’t, Jack, Annie, Howard Payne’s, Sparks, , Max, Charlize Theron, George Miller, Anya Taylor, Joy, Max Fury, Furiosa, Miller, Michelle Yeoh, They’re, wistfully Organizations: Guardian, Salon, NBC, Los Angeles, Daily, CNN, Indiana Jones, “ Raiders, verve, Twitter, Facebook Locations: Kingdom, Nepal
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