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☆ CFRA raises S&P 500 outlook, sees 11% gain over the next 12 months
▼ + stars: | 2024-08-01 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

CFRA Research sees more upside for the benchmark S & P 500 over the next 12 months, even if the risk of near-term profit taking looms. The higher forecast implies a year-end target of 5,770 for the S & P 500, or a 4.5% uptick from Wednesday's close for the benchmark. Stovall's previous year-end S & P 500 target called for 4,940. A combination of more stable supply-and-demand dynamics coupled with a widening of market gains supports the more bullish outlook, CFRA said. The S & P 500 has a roughly 14% gain this year, compared to the Nasdaq Composite's roughly 15% advance.

Persons: Sam Stovall, Evercore's Julian Emanuel, CFRA, Russell Organizations: Research, Federal Reserve, Nasdaq Locations: Wednesday's

☆ London's hedge fund rich are looking to avoid new taxes by relocating to Milan and Dubai. People who have made the move tell us what it's like.
▼ + stars: | 2024-07-31 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +9 min

AdvertisementSeveral cities have been trying to take advantage of the new policy, including Dubai, Milan, and more. A recently relocated hedge fund manager in Milan is planning to visit London or New York six or seven times a year going forward. "The best type of knowledge comes from people, from frequent interaction with people," said a Milan-based hedge fund manager. Several people — based in spots such as Dubai, Milan, and Zurich — mentioned that people early in their careers should still prioritize working in the biggest cities though. Moving to the Middle East just to interact with fellow UK ex-pats doesn't add much diversification to a portfolio manager's life.

Persons: —, Julian Robertson, Muyshondt, Elena Partners, Steve Cohen's Point72, Sebastian Dickgiesser, Girish Chouhan, aren't, COVID, I'm, Alfonso Peccatiello, he's, Darren Wolf, abrdn, It's, Wolf, Zoom Organizations: Service, Tyrian Investments, Business, Labour, Henley & Partners, United Arab, Eisler Capital, Capstone Investment Advisors, Getty, London, Investors, —, pats Locations: New York, Cascais, Portugal, Lisbon, London, Florida, Hong Kong, Dubai, Milan, China, United Arab Emirates, Italy, Point72, Girish Chouhan Dubai, Abu Dhabi, India, East, Europe, Madrid, Zurich, Amsterdam, Netherlands, Brera, —, Milan's Brera, UAE

But, as events this week in Paris have once again shown, when it comes to women’s skating, Japan’s teenage girls are on fire. Fourteen-year-old Coco Yoshizawa’s late surge helped her beat compatriot Liz Akama, 15, to the gold medal at La Concorde Urban Park, Paris on Sunday. Sakura Yosozumi, then 19, and Kokona Hiraki, then 12, topped the 2021 Tokyo women’s park event. “Since there’s no age limit for skateboarding at the Olympics, any youngsters can compete,” Hiraki, the youngest Olympic medalist since 1936, told CNN in July. Lars Baron/Getty ImagesSkewing youngJapan aside, women’s skateboarding across both categories is dominated by teenage athletes.

Persons: Coco Yoshizawa’s, Liz Akama, ” Yoshizawa, Yuto Horigame, Jagger Eaton, Nyjah Huston, Horigame, Momoji Nishiya, Sakura Yosozumi, Kokona Hiraki, Brown, ” Hiraki, Julian Finney, ”, Junnosuke Yonesaka, Yonesaka, “, ” Akama, Lars Baron, Rayssa Leal, Cui Chenxi, Zhang Haohao, ’, China’s, Mazel Paris Alegado, Trew, Hiraki –, –, it’s Organizations: CNN, Team Japan, Concorde Urban, “, Paris Olympics, Tokyo Games, Urban Sports, Olympic, Concorde, Getty, Japan, Association, Paris, Asian Games Locations: Japan, Paris, Tokyo, France, China, Philippines

☆ TikTok is betting its future on e-commerce. Should it?
▼ + stars: | 2024-07-26 | by ( Dan Whateley | Sydney Bradley | ) www.businessinsider.com time to read: +8 min

From conversations with e-commerce analysts, TikTok Shop partners, sellers, and creators, it's clear that Shop is growing steadily in the US and driving meaningful sales for some brands. TikTok Shop is also showing strong momentum in regions outside the US that have embraced social shopping more, like Southeast Asia. Order-tracking platform Route saw global order volume on TikTok Shop grow a modest 35% between January and June. AdvertisementWhat's working for TikTok ShopWell-timed promotional campaigns and live selling have bolstered TikTok Shop's growth this year, agency sources told BI. TikTok Live has become an e-commerce hub for all types of sellers, including pre-owned luxury retailer What Goes Around Comes Around, which has a streaming studio in its store.

Persons: —, influencers, TikTok, it's, It's, Nicole Rechtszaid, Steele, Pena, Rechtszaid, Dan Whateley, Julian Reis, SuperOrdinary, Reis, we've, Michael Yamartino Organizations: Service, Business, TikTok Shop, TikTok, Ghost Agency, Amazon's, livestreams Locations: Southeast Asia, Paris, Maybelline New York, Asia, China

☆ Tom Aspinall: From ‘one of the lowest points’ of his life to interim UFC heavyweight champion, the rise of British fighter
▼ + stars: | 2024-07-25 | by ( Ben Morse | ) edition.cnn.com time to read: +8 min

CNN —Five wins to open his UFC career had Tom Aspinall on course for a title shot. A kick from Aspinall connected with Blaydes’ leg and the British fighter dropped to the canvas, clutching his knee in pain, with the fight ending prematurely. The UFC is seen as the pinnacle of MMA and therefore comes with increased attention, but Aspinall was unfazed. Aspinall says it will be "great" co-headlining UFC 304, an event featuring British fighters competing in each bout. Aspinall says that he feels like "the best in the world" despite holding the interim heavyweight title.

Persons: Tom Aspinall, Curtis Blaydes, Aspinall, Blaydes, ”, ” Aspinall, Julian Finney, I’ve, I’m, Curtis, Tom, Chris Unger, it’s, ” ’, “, …, you’ll, he’s, ’, ’ ” Aspinall, Marcin Tybura, Jon Jones, Stipe Miocic, Jones, Sergei Pavlovich, Pavlovich, Henry Cejudo, Georges, Pierre, ” Cejudo, “ What’s, doesn’t, Cooper Neill, Aspinall’s, Leon Edward’s, Belal Muhammad, It’s, You’re Organizations: CNN —, UFC, O2, CNN Sport, “, Manchester, British, YouTube, ” CNN Locations: London, British, New York’s, Manchester

☆ Fox News proposes Trump-Harris debate on Sept. 17 after Biden pulls out of race
▼ + stars: | 2024-07-24 | by ( Hadas Gold | ) edition.cnn.com time to read: +2 min

New York CNN —Fox News has proposed a presidential debate between former President Donald Trump and Vice President Kamala Harris on September 17. It’s not clear if that debate will still take place now that Biden has dropped out of the race. Trump has also expressed displeasure at ABC and has previously posted that he wants Fox News to host the debate instead of the Disney-owned network. In a conference call with reporters on Tuesday, Trump said he “absolutely” wants to debate Harris, and “would be willing to do more than one debate, actually.”“I haven’t agreed to anything. I think debating’s important for a presidential race, I really do, you sort of have an obligation to debate.”

Persons: Donald Trump, Kamala Harris, Bret Baier, Martha MacCallum, Harris, Jay Wallace, Jessica Loker, Hillary Clinton, Bernie Sanders, Pete Buttigieg, Julian Castro, Amy Klobuchar, Kirsten Gillibrand, Trump, Joe Biden’s, It’s, Biden, Joe Biden, ” Trump, she’ll, ” Organizations: New, New York CNN — Fox News, Trump, Fox News, Democratic, CNN, ABC, Disney Locations: New York, Pennsylvania

☆ Argentina vs. Morocco: Mascherano slams ‘circus’ as chaos descends on Paris Olympics opener
▼ + stars: | 2024-07-24 | by ( Andrew Mcnicol | David Close | ) edition.cnn.com time to read: +3 min

The chaos kicked off in the final moments of a lengthy added time, when Argentina’s Cristian Medina headed home in the 106th minute to apparently tie the game at 2-2 - sending Argentina players and fans into raptures. Match broadcasts showed some celebrating Argentina players ducking to avoid objects being thrown by fans toward the pitch, while some Morocco supporters entered the field. “It’s the biggest circus I’ve ever seen in my life,” Argentina coach Javier Mascherano said after the game, according to Reuters. It’s not a neighborhood tournament, it’s the Olympics.”CNN has reached out to the IOC and soccer’s world governing body FIFA for comment. Men’s soccer at the Olympics is played by under-23 teams, with three overage players allowed in each squad.

Persons: Javier Mascherano, ” Soufiane Rahimi, Etienne’s Stade Geoffroy, Guichard, Argentina’s Giuliano Simeone, Argentina’s Cristian Medina, ducking, “, ” Mascherano, It’s, ”, Lionel Messi, aren’t, Julian Alvarez, Nicolas Otamendi Organizations: CNN, Morocco, Paris Summer, Saint, Argentina, raptures, ”, Reuters, ” CNN, IOC, FIFA, Manchester City, Games Locations: Argentina, Morocco, ” Argentina, Liverpool, Barcelona, Paris

☆ To understand what's going on in 'Deadpool & Wolverine,' read this quick recap of what's happened with the 'X-Men' characters since 2000
▼ + stars: | 2024-07-24 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +8 min

Read previewHugh Jackman has finally returned to play the iconic Marvel hero Wolverine, AKA Logan, in "Deadpool & Wolverine." Deadpool and Wolverine first crossed paths in 'X-Men: Origins - Wolverine'Ryan Reynolds as Deadpool and Hugh Jackman as Wolverine in "X-Men: Origins - Wolverine." Advertisement"X-Men Origins: Wolverine" is infamous among fans for its terrible depiction of Wolverine's history and key characters from the "X-Men" universe. It was a tongue-in-cheek way of wiping "X-Men Origins: Wolverine" from the history books. Hopefully, "Deadpool & Wolverine" will live up to fans' high expectations when it arrives in theaters on July 26.

Persons: —, Hugh Jackman, Wolverine, It's, Logan, Jackman, Ryan Reynolds, Fox, X, Patrick Stewart, Ian McKellen, Jean Grey, Famke Janssen, Reynolds, Wade Wilson, William Stryker, Danny Huston, Stryker, Deadpool, Michael Fassbender, Dafne Keen, Jean, He's, Yashida, Stewart, McKellen, Laura, Stefan Kapičić, Fox Reynolds, Ed Skrein, Josh Brolin, Russell Collins, Julian Dennison, Collins, Collins doesn't, Vanessa, Morena Organizations: Service, Marvel, Disney, Century Fox, Business, of Mutants, Studios Audiences, Force, Studios, Cable Locations: Logan, Canada, Japan

☆ How the hedge fund superstar went extinct
▼ + stars: | 2024-07-23 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

But for now, we're examining how the hedge fund superstar has gone extinct . The big storySo long, superstarGetty Images; Alyssa Powell/BIWhere have all the hedge fund superstars gone? AdvertisementIn years past, even rubbing shoulders with a legendary hedge fund manager was enough for aspiring fund managers to raise capital. Meanwhile, the hedge fund industry has also evolved. Aaron Weiner, a 31-year-old from Coatue, got a multibillion-dollar check from Millennium for his to-be-launched hedge fund .

Persons: —, Kamala Harris, Harris, Alyssa Powell, Insider's Linette Lopez, Julian Robertson, Griffin's, Izzy Englander's, Goldman Sachs, Jared Siskin, Bobby Jain, it's, Aaron Weiner, Jonathan Xiong's, Maja Hitij, Carl Godfrey, Apple, Sam Altman's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Democratic, Democratic Party Convention, Business, Getty, Management, Goldman, Madison, Park Conservancy, Citadel, Credit Suisse, Jain, ExodusPoint, Investment Partners, Blackstone, Elon Musk's, Big Tech, Bank of America, BI Founders, Forge, Apple, Google, General Motors Locations: Venture, Wall, Park, Coatue, Miami, London, New York

☆ Death of Hedge Fund Stars: Wall Street, Stock Market Titans Are Gone
▼ + stars: | 2024-07-21 | by ( Linette Lopez | ) www.businessinsider.com time to read: +15 min

Take activist hedge funds, which buy up a percentage of a company's stock (or an asset) and then use their weight to push for operational changes. Or there would be a fun, splashy war between the hedge fund and the C-suite. Hedge funds rely on outperforming the market when times are hard and it's easier to find pockets of outperformance and exploit them. Of course, hedge funds are having a hard time coming up with a crew because the clients have changed too. Advertisement"At the end of the 1960s, the bubble burst, and everyone thought, 'That's the end of hedge funds,'" Mallaby said.

Persons: David Tepper, Anthony Scaramucci, Lenny Kravitz, lanyards, Bobby Jain, Goldman Sachs, Denise Shull, Charles Lemonides, ValueWorks, Saba Capital's Boaz Weinstein, BlackRock, Nelson Peltz, Bob Iger, Paul Singer's Elliott, —, Elliott, Meir Statman, Statman, I'm, That's, Paris, Marc Jacobs, they've, they're, Sebastian Mallaby, Julian Robertson, Julian, Mallaby, Lemonides, wonky quants, Keith Gill, David Einhorn, Andrew Left, bro Organizations: Appaloosa Management, Carolina Panthers, Bellagio, Millennium Management, Credit Suisse, Jain, Disney, Paul Singer's Elliott Management, Santa Clara University, Behavioral Finance, New, Tiger Management, Met, rockstar, Ferrari, Greenlight, Harvard, Princeton grad, Research Locations: Vegas , New York City, Singapore, Argentine

☆ Carol Burnett shares time capsule tribute to Bob Newhart
▼ + stars: | 2024-07-19 | by ( Dan Heching | ) edition.cnn.com time to read: +7 min

Sid Avery/MPTV/Reuters Newhart poses as an addled accountant at an adding machine for a promotional photo of "The Bob Newhart Show." Allan Grant/The LIFE Picture Collection/Getty Images Newhart appears in a supermarket sketch during an episode of "The Bob Newhart Show" in 1961. Herb Ball/NBCU Photo Bank/Getty Images Newhart performs on the set of "The Bob Newhart Show." CBS/Getty Images Newhart counsels a clown about his problems in a 1972 episode of "The Bob Newhart Show." Walt Disney Television/Getty Images Newhart takes direction from Dick Martin, right, during a scene for "The Bob Newhart Show" in 1977.

Persons: Bob Newhart, Carol Burnett, “, Bob, ” Burnett, Newhart, Jon Favreau, “ Bob Newhart, ” Favreau, ”, Johnny Galecki, Mayim Bialik, ” Bob Newhart, Alex Welsh, Nat, King, Cole, Frank Sinatra, Harry Belafonte, Michael Ochs, Ed Sullivan, Sid Avery, MPTV, Reuters Newhart, Allan Grant, Herb Ball, Julian Wasser, Norman Fell, Johnny Carson, Frank Carroll, Bob Hartley, Ed McMahon, Suzanne Pleshette, Emily, Gene Wilder, Dick Martin, Ginnie, Robert, Timothy, Jennifer, Courtney, Ron Galella, Dick Loudon, Will Ferrell, Spencer Green, Conan O'Brien, Paul Drinkwater, NBCU, Bill Nye, Monty Brinton, Scott Kirkland, Emma McIntyre, ” Newhart, Paul Feig, ” Feig Organizations: CNN, New York Times, Michael Ochs Archives, CBS, Reuters, Bank, Getty, Paramount Pictures, NBCU, Hulton, Bettmann, Walt Disney Television, Everett, Academy of Television Arts & Sciences, Newhart, Hollywood Locations: “, Los Angeles, Chicago, Cypress Gardens , Florida, Vermont

Index funds are a type of investment vehicle aiming to match the returns of a specific market index. "Index funds generally benefit an investor by providing diversification and relatively low fees compared to actively managed funds. Decide which index funds to invest inNow it's time to decide which index funds you want to invest in. "In this scenario, the investor would research the universe of index funds available and purchase the funds they'd like to own." Index fund investing FAQsHow do I buy an index fund on my own?

Persons: Warren Buffett, Julian Schubach, Louis, Ameritrade, Charles Schwab, you've, Schwab Organizations: Independence, Nasdaq, Nasdaq Stock Market Dow, NYSE, New York Stock Exchange, U.S, Federal Reserve Bank of St, Market, Fidelity, Vanguard, Chevron Locations: Chevron

☆ Blinken Says Gaza Cease-Fire Deal Is ‘Inside the 10-Yard Line’
▼ + stars: | 2024-07-19 | by ( David E. Sanger | Julian E. Barnes | ) www.nytimes.com time to read: +1 min

Secretary of State Antony J. Blinken and the national security adviser, Jake Sullivan, said on Friday that an agreement to free hostages held in Gaza and establish a cease-fire was close, as administration officials prepared for what they expected to be a tense visit to Washington next week by Israel’s prime minister, Benjamin Netanyahu. Mr. Blinken, speaking at the Aspen Security Forum in Colorado, said that the talks were “inside the 10-yard line.” Hours later at the same conference, Mr. Sullivan said there was no expectation that an agreement would be reached before Mr. Netanyahu addressed a joint session of Congress on Wednesday, a speech some American officials fear could throw up new obstacles to an agreement with Hamas. Mr. Sullivan said Mr. Biden would “focus his energy” in his meetings with Mr. Netanyahu “to get this deal done in the coming weeks.”“We are mindful that there remain obstacles in the way,” Mr. Sullivan said, “and let’s use next week to try to clear through those obstacles.”

Persons: Antony J, Blinken, Jake Sullivan, Israel’s, Benjamin Netanyahu, Sullivan, Netanyahu, Biden, Netanyahu “, ”, ” Mr Organizations: Aspen Security, Mr Locations: Gaza, Washington, Colorado

☆ China economy: Key meeting offers few clues on how to tackle worsening downturn
▼ + stars: | 2024-07-19 | by ( Laura He | ) edition.cnn.com time to read: +8 min

While it offered few clues on how to tackle economic difficulties, the meeting did provide further insight into a shake-up of high-level personnel over the past year. If past sessions are a guide, a more detailed report may be released in the following days, but for now, “the plenum communique is light on specifics,” Evans-Pritchard added. That came days after China released disappointing economic data for the second quarter of this year. Analysts say that the coming months could offer more details on how Xi plans to revive the economy. Emphasizing short-term economic policies is rare in the history of the third plenums, said Larry Hu, chief China economist for Macquarie Group.

Persons: Hong Kong CNN — China’s, Xi Jinping, Xi, ”, Julian Evans, Pritchard, Qin, Li Shangfu, Li Yuchao, Jinming, Evans, “, ” Evans, Mao, Larry Hu Organizations: Hong Kong CNN, Communist Party, Capital Economics, Central, Defense, Liberation Army Rocket Force, of America, National Bureau, Statistics, Analysts, Macquarie Group Locations: Hong Kong, party’s, Beijing, China, policymaking, outflows, United States, Mao China

☆ Market internals are 'very healthy', says Evercore ISI's Julian Emanuel
▼ + stars: | 2024-07-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarket internals are 'very healthy', says Evercore ISI's Julian EmanuelJulian Emanuel, Evercore ISI senior managing director, joins 'Closing Bell Overtime' to talk positioning portfolios in the event of a democrat or republican win in November.

Persons: Evercore ISI's Julian Emanuel Julian Emanuel

☆ Stock futures are little changed as Wall Street looks to shake off Thursday's market slide
▼ + stars: | 2024-07-18 | by ( Jesse Pound | ) www.cnbc.com time to read: +1 min

Stock futures were quiet on Thursday evening as Wall Street looked to stabilize after a slide for equities. S&P 500 futures ticked up 0.2%, while Nasdaq 100 futures added 0.3%. The S&P 500 and Nasdaq Composite fell 0.78% and 0.70%, respectively. The S&P 500 and Nasdaq Composite are down 1.26% and 2.87%, respectively, heading into Friday. That divergence has been encouraging to some Wall Street pros who had worried that the market rally was becoming too dependent on a handful of massive tech stocks.

Persons: Dow, Julian Emanuel, we've, we're, Donald Trump, Joe Biden Organizations: Dow Jones, Nasdaq, Investors, Express, Travelers, Comerica, Fifth, Republican National Convention

☆ Fact-Checking Day 3 of the Republican National Convention
▼ + stars: | 2024-07-18 | by ( Julian E. Barnes | ) www.nytimes.com time to read: +1 min

Doug Burgum of North DakotaThis is false. The Biden administration has imposed regulations to cut planet-warming greenhouse gas emissions from fossil fuels, but there has not been a war on energy. Oil production has hit record highs under the Biden presidency, and the administration has approved more drilling permits for wells on federal lands than under President Donald J. Trump. At the same time, it is pumping billions of federal dollars into developing new sources of power including wind, solar, geothermal, hydrogen and nuclear energy. But it is unclear how stark that impact would be.

Persons: Doug Burgum, Biden, Donald J Organizations: Gov, Trump, Resources Locations: North Dakota, Washington

☆ The End of a Strategic Deployment
▼ + stars: | 2024-07-16 | by ( Julian E. Barnes | ) www.nytimes.com time to read: +1 min

As the aircraft carrier Dwight D. Eisenhower sailed toward Norfolk Harbor, a small cargo plane landed on the flight deck amid swirling wind and rain. After the plane jerked to a halt, Jake Sullivan, the national security adviser, and top Navy officials disembarked. While the sailors cheered, the chief of naval operations recounted the strike group’s achievements. The Eisenhower set sail from Norfolk a week after the Oct. 7 terrorist attacks in Israel, and its six-month deployment had been extended three times. Image The national security adviser, Jake Sullivan, spoke to sailors aboard the Eisenhower on Saturday.

Persons: Dwight D, Eisenhower, Jake Sullivan, Julian E, Barnes, Sullivan, Biden Organizations: ., The New York Times, Oval Locations: Norfolk, Israel

☆ Ex-Air Force engineer's arrest 'opens old wounds' for families of victims killed in a C-130 crash caused by a worn propeller blade
▼ + stars: | 2024-07-15 | by ( Thomas Novelly | ) www.businessinsider.com time to read: +7 min

A C-130 Hercules aircraft undergoes scheduled maintenance in a hangar at Robins Air Force Base. A C-130 flies above Robins Air Force Base in Georgia. US Air Force photo by Jamal D. SutterRetired Col. J.F. Advertisement"He was dedicated to what he did," Michael Lohrey said. When asked whether Fisher's arrest feels like justice at all, Michael Lohrey said, "Absolutely not."

Persons: —, Michael, Teresa Lohrey, Ryan Lohrey, Military.com, Teresa, We're, James Michael Fisher, Fisher, Joseph Mather, Kelsey McCarty, McCarty, Greg Feith, Jamal D, Sutter, J.F, Joseph, Caine, Sean E, Mark, Brendan C, Johnson, Joshua M, Snowden, Julian M, Owen J, Lennon, Cpl, Daniel I, Collin J, Schaaff, Robert H, Cox, William J, Chad E, Jenson, Talon, Leach, Joseph J, Murray, Dietrich, Michael Lohrey Organizations: Service, KC, 130T, Marines, Business, Air Force, Robins Air Force Base, US Air Force, Aviation, National Transportation Safety, Marine Corps, Lohrey, Elliott, Hopkins, Staff Locations: Mississippi, Georgia

☆ Novak Djokovic and Carlos Alcaraz’s Wimbledon final is a duel of extraordinary quests
▼ + stars: | 2024-07-13 | by ( Matthew Futterman | ) www.nytimes.com time to read: +9 min

Follow live coverage as Barbora Krejcikova and Jasmine Paolini face off in the women’s final at Wimbledon todayWIMBLEDON — Novak Djokovic and Carlos Alcaraz are at opposite ends of their careers. Alcaraz beat Djokovic in last year’s final in five sets (Charlotte Wilson/Offside via Getty Images)Alcaraz won the French Open five weeks ago. On June 5, 25 days before the start of the tournament, Djokovic had surgery on a torn medial meniscus in his right knee. He beat Francisco Cerundolo, a clay court standout going through the same transition, then lost handily to Jack Draper of Britain. (A few days of celebrating his maiden French Open title in Ibiza might have had something to do with it.)

Persons: Krejcikova, Jasmine Paolini, WIMBLEDON — Novak Djokovic, Carlos Alcaraz, Alcaraz, Daniil Medvedev, Lorenzo Musetti, Djokovic, Charlotte Wilson, —, Roland Garros, Rod Laver, Bjorn Borg, Rafael Nadal, Roger Federer, Margaret Court, Evonne Goolagong, Billie Jean King, Chris Evert, Martina Navratilova, Serena Williams, Steffi Graf, Emmanuel Dunand, I’m, Medvedev, “, shouldn’t, ”, Ben Stansall, ” Medvedev, ” Dominic Thiem, Federer, Nadal, Francisco Cerundolo, Jack Draper of, Andrej Isakovic, Tommy Paul, ” Paul, ” Djokovic, “ He’s, didn’t, Tara, Musetti, Julian Finney, Alex de Minaur Organizations: Wimbledon, WIMBLEDON, Court, Getty, Djokovic, Games, Athletic, Queen’s Club, All England, Serbian, All England Club Locations: Wimbledon, AFP, London, Ibiza, Queen’s, Spain

After two weeks of intense battles between Hamas militants and Israeli troops in the Gaza City neighborhood of Shajaiye, residents and rescue workers combed through the wreckage on Friday, a landscape of flattened buildings strewed with dozens of bodies. “The scale of destruction is immense.”More than nine months into the war in Gaza, Israeli troops are returning to areas they had previously conquered and encountering strong resistance from Hamas fighters. The offensive in Shajaiye was part of a wider Israeli effort to clamp down on a renewed Hamas insurgency in Gaza City, the military said. And Israel said on Friday that it had “eliminated” the deputy commander of Hamas’s Shajaiye Battalion, Ayman Showadeh. He had been “a key operative” at the group’s operations headquarters and had been involved in directing the Oct. 7 Hamas-led attack that set off the war in Gaza, Israel said.

Persons: ”, Karam Hassan, Israel, Hamas’s, Ayman Showadeh Organizations: Hamas Locations: Gaza City, Shajaiye, Gaza, Israel

☆ Israel-Hamas War: Cease-Fire Talks Latest Updates
▼ + stars: | 2024-07-12 | by ( Julian E. Barnes | Adam Rasgon | ) www.nytimes.com time to read: +6 min

Scientists say that this measurement, known as excess deaths, can provide a truer indication of the toll and scale of conflicts and other social upheaval. And Israel has not permitted researchers to enter the enclave since the start of the war last October. Credit... Bashar Taleb/Agence France-Presse — Getty ImagesIn an interview, Mr. Spagat cited other reasons to be cautious when discussing excess deaths in Gaza. Around 9,000 deaths have been directly attributed to the war since then by Gaza’s health ministry. The subject of excess deaths is sensitive because it touches on the collateral cost of Israel’s war against Hamas.

Persons: Elad Goren, Salim Yusuf, ”, Michael Spagat, Khan Younis, Bashar Taleb, Spagat, Zeina, Gabby Sobelman Organizations: Gaza Health Ministry, COGAT, Royal Holloway College, University of London, ., Agence France, Johns Hopkins University, London School of Hygiene, Medicine, Hamas Locations: Israel, Gaza, Britain, Canada, Khan, epidemiologists

☆ U.S. Officials See Hopeful Signs in Gaza Cease-Fire Talks
▼ + stars: | 2024-07-12 | by ( Julian E. Barnes | Adam Rasgon | ) www.nytimes.com time to read: +1 min

Some American officials have grown more optimistic that a deal to release Israeli hostages held in Gaza in return for a cease-fire is at hand. But people briefed on the talks say it will be days until it is clear whether a breakthrough has been achieved because of difficulties in communication between Hamas officials in Qatar and the group’s leaders in Gaza. Other officials said that previous moments of hope about an agreement had been dashed by both the Israeli prime minister, Benjamin Netanyahu, and Hamas. “There’s still miles to go before we close if we are able to close,” Mr. Sullivan told reporters on Thursday. I’m determined to get this deal done and bring an end to this war which should end now.”

Persons: Benjamin Netanyahu, Jake Sullivan, “, ” Mr, Sullivan, it’s, Biden, ” Organizations: White House, NATO, Washington , D.C Locations: Gaza, Qatar, Washington, Washington ,

☆ Wall Street is bullish on stocks for the 2nd half of the year. Here are each firm's exact forecasts.
▼ + stars: | 2024-07-12 | by ( Matthew Fox | ) www.businessinsider.com time to read: +7 min

The most bullish S&P 500 price target is 6,000 from Evercore ISI, which represents a gain of about 7%. While the average year-end S&P 500 price target is 5,429, according to data from Bloomberg, the median year-end price target is 5,600. Yardeni Research: S&P 500 price target of 5,800Yardeni Research raised its year-end S&P 500 price target to 5,800 from 5,400 this week. Goldman Sachs: S&P 500 price target of 5,600Goldman Sachs strategist David Kostin boosted his S&P 500 price target to 5,600 from 5,200 last month. UBS: S&P 500 price target of 5,600UBS raised its S&P 500 price target to 5,600 from 5,400 in May, and that's after the bank raised its price target in February.

Persons: —, Julian Emanuel, Emanuel, they're, Oppenheimer, John Stoltzfus, Stoltzfus, Eric Wallerstein, Wallerstein, Ned Davis, Ed Clissold, Goldman Sachs, David Kostin, Kostin, Jonathan Golub Organizations: Wall, ISI, Service, Bloomberg, CNBC, Security, Yardeni, Research, Federal Reserve, Ned Davis Research, UBS, Chicago, & $ Locations: bearish

☆ Hamas Official: ‘We’re Not Obstinate’ in Cease-Fire Talks on Gaza
▼ + stars: | 2024-07-12 | by ( Adam Rasgon | Julian E. Barnes | ) www.nytimes.com time to read: 1 min

For nearly two decades, Hamas has been in charge of governing Gaza, overseeing its border crossings, schools and hospitals. But after nine months of a ruinous war with Israel, the militant group is now expressing readiness to give up civilian governance in Gaza, albeit without dismantling its military wing. The overture by Hamas, while most likely a nonstarter for Israel, is meant to signal to the international community Hamas’s apparent readiness to make some concessions to enable the rebuilding of Gaza. It also arrives against the backdrop of ongoing cease-fire negotiations, in which Hamas has shown some flexibility on the language in a proposed deal. “First and foremost, we want the Palestinian people in Gaza to recover from this war,” Husam Badran, a senior Hamas official, said in an interview at an unmarked building in the Qatari capital, Doha.

Persons: Husam Organizations: Hamas Locations: Gaza, Israel, Doha

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