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☆ The next world’s tallest building could be a 3,000-feet-high battery
▼ + stars: | 2024-08-07 | by ( Amy Gunia | ) edition.cnn.com time to read: +6 min

A combination of technologies — from various forms of batteries to other energy storage methods — will likely be necessary to increase capacity. As shown in this render, energy storage company Energy Vault, along with Skidmore, Owens & Merrill, the architecture and engineering firm behind some of the world's tallest buildings, is integrating gravity energy storage technology into building designs. A view of the world's tallest building, the Burj Khalifa, in Dubai, in December 2022. Two energy storage experts contacted by CNN questioned if the economics of a skyscraper battery could work, given the space that would need to be used for energy storage and the structural changes that would be needed to support the extra weight. Energy Vault has already completed a project in China which it says is the world’s first commercial-scale, non-pumped hydro gravitational energy storage system.

Persons: Chicago’s Willis, Bill Baker, Abdelhadi Ramahi, Robert Piconi, Stefano Boeri, Daniel Safarik, ” Organizations: CNN, Skidmore, Owings, Merrill, Energy, Owens & Merrill, Trade Center, Sears, Burj, International Energy Association ., SOM, Reuters Locations: Burj Khalifa, Dubai, China, Milan, Italian

☆ How the super-rich are building their luxury ‘safe house’ bunkers
▼ + stars: | 2024-08-07 | by ( Simon Usborne | ) edition.cnn.com time to read: +8 min

Yet it’s no longer enough for the security-conscious billionaire to stick an impenetrable safe room in the basement where it might sit empty forever. Courtesy SAFEThe house itself, Corbi said in an interview via Zoom, is ultra-secure with the blast-proof doors, unbreakable windows and biometric door-entry systems. Even 50 years ago, he says traditional bunkers looked like high-end hotels — “kind of like the Ritz Carlton, underground”. For hundreds of thousands, prefabricated modular steel bunkers can be dropped into the ground under a new-build house. The days when you can throw a first aid kit in a prefab bunker and say you’re safe are long gone.”

Persons: “ We’ve, ”, Al Corbi, ” Corbi, Mukesh Ambani, Anant, Corbi, Mark Zuckerberg, Bill Gates, Noemi Cassanelli, CNN Graham Harris, Harris, they’re, Covid, Naomi Organizations: CNN, SAFE, Ritz, Carlton, Ritz Carlton, Creative Home Engineering Locations: Virginia, Mumbai, Hawaii, London, Highgate, Arizona —

☆ Eli Lilly reports earnings Thursday. Here's what Wall Street is watching
▼ + stars: | 2024-08-07 | by ( Christina Cheddar Berk | In | ) www.cnbc.com time to read: +5 min

Novo Nordisk shocked investors on Wednesday when its latest results fell short of Wall Street's expectations. While Eli Lilly's stock remains up about 32% year to date, concerns about increasing competition in the category have resulted in a nearly 16% decline for Lilly shares over the past month. Eli Lilly is making similar attempts with Zepbound, but its launch is at an earlier stage than Wegovy. Second-quarter sales of Ozempic, Novo's diabetes treatment, rose 4% from the first quarter, while Wegovy revenue grew 24% quarter over quarter. Barclays analyst Emily Field told clients in a research note that she would be a buyer of Novo Nordisk shares on the weakness.

Persons: Eli Lilly, Eli, Lilly, Wells, Mohit Bansal, Ozempic, Bansal, Emily Field, David Song, Song, Chris Schott, Schott Organizations: Novo Nordisk, LSEG, Lilly's, Management, Food and Drug Administration, Barclays, Tema, JPMorgan Locations: Wells Fargo, IQVIA, Amgen, MariTide, Novo, CagriSema

☆ Olympic couples are mixing romance with competition in Paris. It's not necessarily a bad thing, says a psychologist.
▼ + stars: | 2024-08-07 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +6 min

Read previewThere are 17 known couples participating in this year's Olympics in Paris, and they are having a moment. Chinese badminton stars Liu Yuchen and Huang Ya Qiong got engaged after Huang won gold in the mixed doubles. "Talk about a great opportunity for intense social bonding," said Morley, who provides individual and couples therapy in Boston. Christian Petersen/Getty ImagesMorley told Business Insider that being an Olympic couple is a unique experience—somewhat like being a celebrity. AdvertisementSome couples work around that by training together, like former British Olympic triathletes Stuart Hayes and Michelle Dillon.

Persons: —, Liu Yuchen, Huang Ya Qiong, Huang, Pablo Simonet, Maria Campoy, Olga Kharlan, Luigi Samele, Gregorio Paltrinieri, Rossella Fiamingo, Katerina Siniakova, Tomas Machac, Clive Brunskill, Isabelle Morley, Morley, Tara Davis, Hunter Woodhall, Christian Petersen, Alex de Minaur, Katie Boulter, Tim Clayton, Lea Schüller, Lara Vadlau, Vadlau, Schüller, Lee Kiefer, Gerek, Wally Skalij, they're, Stuart Hayes, Michelle Dillon, Jacopo Raule Organizations: Service, Business, Woodhall, Paralympic, Getty, Tennis, FC Bayern Munich's, Olympics, University of Kentucky Locations: Paris, Argentine, Czech, Boston, Australia, Great Britain, German, Austrian

Vice President Kamala Harris has selected Minnesota Gov. Harris' campaign texted supporters Tuesday morning, calling Walz "a battle-tested leader who has an incredible track record of getting things done for Minnesota families" and asking for donations to support the new ticket. In picking Walz, who's in his second term and also served 12 years in Congress, Harris will have as her No. Harris also appreciates how different Walz is from her in terms of the contrast he can provide, the sources said. Karoline Leavitt, the Trump campaign press secretary, called Walz a "West Coast wannabe" who has tried "to reshape Minnesota in the image of the Golden State."

Persons: Kamala Harris, Tim Walz, Harris, texted, Walz, who's, Donald Trump, Joe Biden, they’ve, Harris ’, Josh Shapiro, Stephen Maturen, Walz's, Trump, —, Biden, Jenn Ackerman, Sen, JD Vance, ”, Vance, Karoline Leavitt, ” Walz, Joe ”, “, Picking Walz doesn't, George Floyd Organizations: Minnesota Gov, Democratic, Pennsylvania, Minn, Getty, Trump, Army National Guard, NPR, Marist, National Guard, House, Minneapolis Star Tribune, Democrats, New York Times, MAGA Inc, Golden, GOP, Midwestern, MAGA, Democratic National Convention Locations: Minnesota, Rust Belt, Wisconsin , Pennsylvania, Michigan, St, Paul, AFP, Nebraska, Mankato, Minneapolis, Minnesota’s, Golden State, America, U.S, ”

☆ USWNT 1 Germany 0: Sophia Smith’s goal earns U.S. spot in first Olympic gold medal match since 2012
▼ + stars: | 2024-08-06 | by ( Jeff Rueter | Steph Yang | ) www.nytimes.com time to read: +10 min

The Olympic sendoff friendlies seemed to clue at an early theory: park the bus, play defense-first soccer and frustrate the United States until you find a chance to try an attack. Although having Coffey back from suspension helped toward that end, the United States was still thin in central areas. Berger and Naeher were both instrumental in keeping the score 0-0 throughout regulation, Berger moreso given the United States’ stronger attacking presence. Tournament Naeher is a different beast from any other level of her play. The United States heads to its first Olympic women’s gold medal match since the 2012 London Games.

Persons: Sophia Smith, Smith, Trinity Rodman, Mallory Swanson, ” Smith, “, Mal, Emma Hayes, Tierna Davidson, Sam Coffey, Davidson, Emily Sonnett, Rose Lavelle, Lynn Williams, Alyssa Naeher’s, ” Jeff Rueter, Steph Yang, Ann, Katrin Berger’s stolid, Berger, Swanson, Rodman, Williams, you’d, Naomi Girma, Becky Sauerbrunn, Naomi Girma’s, Girma, shouldn’t, —, Jeff Rueter, Hayes, we’ve, Hayes ’ USWNT, Costa Rica wasn’t, Lindsey Horan, Coffey, hasn’t, they’ll, Naeher, Laura Freigang’s, it’s, she’s, Alyssa Naeher, Gv5tkEhLP0 — CJ, John Todd, Getty Organizations: U.S, women’s, Olympic, NBC, ”, Japan, Germany, United Locations: Germany, U.S, Swanson, Lyon, United States, Hayes ’, Mexico, Costa Rica, Spain, Brazil, States

☆ Arsenal names Athletic Brewing as official nonalcoholic beer partner
▼ + stars: | 2024-08-06 | by ( Justine Fisher | ) www.cnbc.com time to read: 1 min

Athletic Brewing Company is the official nonalcoholic beer partner of Arsenal F.C. Athletic Brewing Company has scored a partnership with Arsenal, becoming the English soccer team's first official nonalcoholic beer partner. Arsenal will feature Athletic Brewing's Run Wild IPA at Emirates Stadium for both men's and women's matches, and Athletic Brewing will launch a marketing campaign and a series of promotions in return, according to a press release. Run Wild IPA is less than 0.5% alcohol by volume, or ABV. The deal represents an opportunity for America's largest nonalcoholic brewery to expand in the U.K.

Persons: soccer team's Organizations: Athletic Brewing Company, Arsenal F.C, Arsenal, soccer, Emirates, Athletic Brewing

☆ Uber, Lyft and the gig economy think they've found a way to win the national labor war
▼ + stars: | 2024-08-06 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +10 min

While only applicable in California, labor law experts expect momentum to spread to other states where the issue hasn't yet been tested. 22 went into effect, more than 80% of California drivers surveyed said that it has been good for them. In other high-population states, there has been a wave of recent actions and compromises between the companies and the states. In November, New York announced two settlements totaling $328 million with Uber and Lyft to resolve multi-year investigations. The state had been seeking a court determination that Uber and Lyft drivers are employees, not independent contractors.

Persons: Caroline Donelan, Uber, Brazil —, Gary McLaughlin, Mitchell Silberberg, Lyft, there's, James Yukevich, Yukevich Cavanaugh, it's, Tony West, Kamala Harris, general's, Michael M, Baylson, Donelan, Massachusetts Uber, Verrett, John Wicker, Stradling Yocca Carlson, There's, Gregory P, Feit, Reavis Organizations: California Supreme, Blank, Employees, New York, Pew Research, Washington Post, Democratic Party, Transportation Network Companies, federal, Labor, Union, United, 32BJ SEIU, Service Employees International Union, International Association of Machinists, SEIU, Rauth Locations: California's, U.S, California, New, New York State, Massachusetts, Australia, Brazil, Washington, New York , Massachusetts, Pennsylvania, Minnesota, Florida, Minneapolis, In Massachusetts

Mark Cheffo, a Dechert partner representing Microsoft, sent a letter Tuesday to attorney David Boies of Boies Schiller Flexner. Boies represents Delta and had sent letters on behalf of the airline to CrowdStrike and Microsoft. Cheffo wrote in his response that Microsoft empathizes with Delta and its customers on the impact of the CrowdStrike incident. Cheffo wrote that Microsoft offered to help Delta for free. Cheffo described a letter on July 22, from Microsoft to a Delta employee, offering help.

Persons: Ed Bastian, CNBC's, Mark Cheffo, David Boies, Boies Schiller, Boies, Hossein Nowbar, Cheffo, Delta, Satya Nadella, Bastian, CrowdStrike, George Kurtz Organizations: Microsoft, Delta Air Lines, Delta, IBM, Web Services Locations: Boies, Delta, Atlanta

☆ What Google’s antitrust defeat means for the search giant and its partner Apple
▼ + stars: | 2024-08-06 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

The antitrust ruling against Google may not be the lose-lose scenario for the search giant and its key partner Apple that some are predicting. At the heart of the case is Google's exclusive relationship with device makers to be the default search engine on their screens. Google paid Apple $20 billion in 2022 alone for the privilege, according to recent court documents. AAPL YTD mountain Apple (AAPL) year-to-date performance "By collateral damage of course, this is negative for Apple," Jim said. Bank of America analysts tried to assuage Apple investors' concerns around services revenues.

Persons: Sherman, Kent Walker, Walker, Jim Cramer, Jim, —, Jim Cramer's, Jason Alden Organizations: Google, Apple, Barclays, Firefox, Yahoo, Bank of America, CNBC, Bloomberg, Getty Locations: U.S

☆ Both of my kids recently started dating and their breakups are hard on me, too. I'm also invested in their relationships.
▼ + stars: | 2024-08-06 | by ( Terri Peters | ) www.businessinsider.com time to read: +5 min

Gone are the days of schoolyard crushes, and in their place are weekend dates and dinner table talks about my kids' relationships. I've genuinely liked the kids my teens have dated, so it's been sad seeing each of those relationships come to an end. I've seen both kids come out of their break-ups wiser and more sure of themselves, and that's taken the sting away just a bit. Terri Peters' kids recently started dating and have gone through breakups. It's also been rewarding to see my kids grow and learn as a result of each breakup.

Persons: it's, I've, It's, sobbed, that's, you've, Terri Peters, we've, We're Organizations: Service

☆ Olympic moment of the day: Facing giants, diver Andrea Spendolini-Sirieix shows what sports – and life – are all about
▼ + stars: | 2024-08-06 | by ( Patrick Sung | ) edition.cnn.com time to read: +5 min

The Olympic Games are perhaps the biggest stage of them all for this theatre of feeling. Great Britain’s Andrea Spendolini-Sirieix had entered Tuesday’s individual 10m platform with a bronze in the 10m synchronized platform with partner Lois Toulson. Fred Sirieix, who has appeared on a number of well-known shows in the UK throughout his career, was at the Aquatics Centre watching Spendolini-Sirieix dive over the last few days. Spendolini-Sirieix showed us that sport isn't just about medals, records and wins. We’re here to see you.’ And at the end of the day, that’s all I can ask for,” Spendolini-Sirieix said.

Persons: Andrea Spendolini, Sirieix, Lois Toulson, –, Fred Sirieix, China’s Quan Hongchan, Chen Yuxi, Manan Vatsyayana, Quan –, Chen, Quan, old’s, I’m, ”, I’ve, “, It’s, ‘ We’ve Organizations: CNN, Olympic, Paris, Aquatics, Games, BBC, Aquatics Centre, Getty, British, Team GB, Olympic Games, Lifeline Locations: Doha, AFP, Chinese, Tokyo

☆ Los Angeles 2028 Olympics confirms Autodesk as partner as it presses toward $2.5 billion sponsorship target
▼ + stars: | 2024-08-06 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +1 min

Autodesk partners with the 2028 Los Angeles Olympics, boosting sponsorship revenue goals. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDesign and engineering software company Autodesk has become a supporting partner of the 2028 Los Angeles Olympics, in a major boost for the Games' goal of $2.5 billion in domestic sponsorship. Autodesk was named the "official design and make platform of the LA28 Olympics and Paralympic Games and Team USA," the company announced Tuesday.

Persons: —, It's Organizations: Autodesk, Angeles, LA28, Service, Angeles Olympics, Games, Paralympic Games, Team USA, Business Locations: Las Vegas

☆ Harris and Walz make Trump focus at Democratic ticket's first rally
▼ + stars: | 2024-08-06 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +4 min

U.S. Vice President and Democratic presidential candidate Kamala Harris holds a campaign rally with her newly chosen vice presidential running mate Minnesota Governor Tim Walz in Philadelphia, Pennsylvania, U.S., August 6, 2024. Tim Walz, her newly minted running mate, made their first public appearance together at a a rally in Philadelphia on Tuesday evening. The Harris campaign officially announced Walz as her running mate Tuesday morning, solidifying the Democratic ticket with just 91 days until the election. Democratic presidential candidate, U.S. Vice President Kamala Harris and Democratic vice presidential candidate Minnesota Gov. U.S. Vice President and Democratic presidential candidate Kamala Harris and her newly chosen vice presidential running mate Minnesota Governor Tim Walz react as they hold a campaign rally in Philadelphia, Pennsylvania, U.S., August 6, 2024.

Persons: Kamala Harris, Tim Walz, Elizabeth Frantz, Walz, Harris, Donald Trump, Ohio Sen, JD Vance, Vance, JD, Andrew Harnik, Josh Shapiro, Arizona Sen, Mark Kelly, Andy Beshear, Shapiro Organizations: Democratic, Minnesota, Minnesota Gov, Republican, Ohio, Yale, Silicon, Army National Guard, U.S, Gov, Girard College, Kentucky Gov, Harris Locations: Philadelphia , Pennsylvania, U.S, Philadelphia, Minnesota, Arizona, United States of America

☆ Oil prices climb more than $1 on fear of spreading Middle East conflict
▼ + stars: | 2024-08-06 | by ( ) www.cnbc.com time to read: +2 min

Oil prices climbed more than $1 on Tuesday, paring the previous day's loss as concern that an escalating Middle East conflict could hit supplies outweighed fear of a possible U.S. recession that could hurt demand in the world's biggest oil consumer. Oil's slide was limited by worry that Iranian retaliation for the assassination of a Hamas leader in Tehran may lead to a wider war in the Middle East. "Increased fear of escalating Middle East conflict prompted fresh buying," said Hiroyuki Kikukawa, president of NS Trading, a unit of Nissan Securities . "The market has largely factored in a retaliatory attack by Iran so the focus is on its scale and Israel's counterattack," Kikukawa said. If the conflict escalates, oil prices will rise, but if it is contained in the short term - as it was in April amid similar escalation fear - gain will be limited, he said.

Persons: paring, Hiroyuki Kikukawa, Kikukawa, Antony Blinken, Masoud Pezeshkian, Vladimir Putin Organizations: Brent, U.S, West Texas, NS, Nissan Securities, State Department, Reuters, OPEC Locations: Fort Stockton , Texas, Tehran, Iran, Israel, U.S, Iraq, Russia, Venezuela

☆ Microsoft lashes out at Delta: Your ancient tech caused the service meltdown
▼ + stars: | 2024-08-06 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +6 min

Microsoft also claimed Delta turned down help after the CrowdStrike bug led to “blue screens of death” on Windows devices. Microsoft, CrowdStrike and Delta have been in a war of words since the airline hired a high-profile attorney to seek compensation from Microsoft and CrowdStrike. Delta CEO Ed Bastian lashed out at CrowdStrike in a CNBC interview last week and said the computer problems cost Delta $500 million. While other airlines were quick to resume normal operations after the CrowdStrike outage, Delta was forced to cancel about 30% of its schedule over those five days, leaving an estimated half-million passengers stranded. Free consulting advice to help us,” said the Delta CEO in an interview on CNBC.

Persons: cancelations, Delta, Ed Bastian, CrowdStrike, Mark Cheffo, “, ”, Satya Nadella, Bastian, you’ve, ” Bastian, David Boies, George Kurtz, Michael Carlinsky, —, CNN’s Chris Isidore Organizations: New, New York CNN, Microsoft, Delta Air Lines, CNBC, Delta, IBM, CNN, CrowdStrike Locations: New York, CrowdStrike, Delta

☆ Apple wants to rewire search with AI — and that may help cut the Google cord
▼ + stars: | 2024-08-06 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

In reality, however, Apple may not have to worry too much if it does have to reduce its reliance on Google for search on its devices. In other words, Apple hopes that AI can intelligently answer queries and support user needs by understanding what actually matters to users. Related storiesPart of Apple Intelligence also involves a revamped Siri, Apple's chatbot that users can supercharge by offering permission to connect to OpenAI's industry-leading technology, ChatGPT. It's unlikely to find a deal as lucrative as the one it got with Google on search anytime soon, either. AdvertisementStill, Apple's bet on AI gives it a chance to present consumers with an alternative way to search the internet.

Persons: —, Hugh Langley, Tim Cook, Siri, Apple's, ChatGPT, it's, Monday's, OpenAI Organizations: Service, Google, Business, Apple, Apple Intelligence, company's, Conference Locations: Washington, Silicon

☆ Here's why Deepwater's Gene Munster is bullish on Alphabet
▼ + stars: | 2024-08-06 | 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 EmailHere's why Deepwater's Gene Munster is bullish on AlphabetGene Munster, managing partner at Deepwater Asset Management, joins Money Movers to discuss the news surrounding Google's antitrust lawsuit, how Wall Street gets past the company's investments, and much more.

Persons: Gene Munster Organizations: Deepwater Asset Management, Movers

☆ 17 couples competing at the Paris 2024 Olympics
▼ + stars: | 2024-08-06 | by ( Eve Crosbie | ) www.businessinsider.com time to read: 1 min

German soccer player Lea Schüller competed at the Olympics for the first time this year alongside her partner, Austrian sailor Lara Vadlau. In a 2022 interview published on FC Bayern Munich soccer club's website, the pair discussed what it was like being in a relationship as elite athletes. "I find it really helpful because both of us understand what you have to do for your sport, that you're away a lot and don't see each other that often. "On the other hand, if I wasn't a sportswoman we could see each other a lot more often," Schüller said. Not because we live in different places - we live together in Munich - it's just one of us is always away," she added.

Persons: Lea Schüller, Lara Vadlau, Vadlau, Schüller Organizations: Olympics, FC Bayern Munich soccer Locations: Austrian, Munich, it's

☆ Squeeze on carry trades leave currency markets on edge
▼ + stars: | 2024-08-06 | by ( ) www.cnbc.com time to read: +3 min

The Japanese yen and U.S. dollar on display in Yichang, Hubei province, Nov 13, 2023. The yen was 1% lower on Tuesday at 145.78 per dollar in early trading, after rising for five straight sessions and touching a seven-month high of 141.675 on Monday. "Sell-offs that manifest themselves through wild swings in the currency markets are sharp and swift, but usually very short lived," said Jamie Cox, managing partner at Harris Financial Group. "Markets are clearly nervous about the divergent paths central banks are taking, leading to lots of volatility." The dollar index , which measures the U.S. unit versus six rivals, was flat at 102.87 in early trading after touching a seven-month low of 102.15 on Monday.

Persons: Jamie Cox, James Athey, undervaluation Organizations: U.S, Federal Reserve, Federal, Harris Financial, Traders, Bank of Japan, Marlborough Investment Management Locations: Yichang, Hubei province, recessionary, Japan, Switzerland, Tokyo

Bell has consistently maintained that Israel has the right to defend itself against Hamas and said he would be supportive of the U.S. ally if elected. Bush accused Israel of an “ethnic cleansing campaign” as the country retaliated. A group of 30 rabbis from the area endorsed Bell in the spring and accused Bush of antisemitism. Bush confirmed the federal investigation but referred to the complaints as “baseless.”Both Bush and Bell argued that the race is about more than just the Middle East. On Friday, Rep. Katherine Clark, a member of House Democratic leadership, traveled to Missouri to stump for Bush.

Persons: LOUIS —, Cori Bush, Bush, —, “ I’m, ”, Wesley Bell, Bell, Louis County’s, Israel —, Jamaal Bowman, Kamala Harris, Joe Biden, she’s, ” Bush, I’ve, “, Israel, Benjamin Netanyahu’s, ” Bell, Louis . Bell, Republican Sen, Josh Hawley, Jeff Roberson, Mike Brown, Michael Brown Sr, Katherine Clark, Bowman Organizations: LOUIS, LOUIS — Democratic, NBC News, Israel, Justice Department, Democratic, “, St, Israeli, Jewish Federation of St, Republican, NBC, Senate, Sunday, House Democratic Locations: Ferguson, Washington, Israel, U.S, York, Gaza, ”, Missouri, Louis, Biden’s State, Palestine, St, Clayton , Missouri, Bush, Ferguson , Missouri, New York

☆ Proposals at the Olympics draw criticism of overshadowing women athletes' accomplishments
▼ + stars: | 2024-08-05 | by ( Kimmy Yam | Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +3 min

Viewers have had mixed reactions to athletes who have gotten engaged during the Paris Games. While some feel that the grand gesture makes Olympians’ big moments even bigger, others say that the proposals steal the spotlight from female athletes in particular. A Chinese social media site even jokingly shared a post featuring an added engagement ring column alongside the medal counter. But proposals done just after a monumental win have drawn some of the most scrutiny from some fans. And many social media users came to the couple’s defense, arguing that the proposal took place after the medal ceremony.

Persons: Liu Yuchen, Huang Yaqiong, Sarah Steyaert, Picon, Pablo Simonet, Maria Campoy, Sydney Colson, ”, didn’t, Huang, Steyaert, ” Steyaert, Qin Kai, Zi, Michael Phelps, Sunny Singh Organizations: Paris Games, Argentine, Team Argentina, Games, WNBA, Las Vegas Aces, La Chapelle, BBC, NBC Asian Locations: French, Porte, Rio de Janeiro, Brazil, NBC Asian America

(This is CNBC Pro's live coverage of Monday's Wall Street chatter as global markets sell off. — Lisa Kailai Han 7:02 a.m.: How long sell-offs typically last Bad news: The current market sell-off may have further to go. — Lisa Kailai Han 6:09 a.m.: Oppenheimer's Stoltzfus: Best to not 'jump to conclusions' Investors need to have a cool head as global markets sell off, according to Oppenheimer's John Stoltzfus. — Fred Imbert 5:51 a.m.: Global markets in an 'aggressive risk-unwind', Vital Knowledge says Fears of a U.S. recession are pressuring global markets, leading investors around the world to sell some of this year's top winners, according to Adam Crisafulli of Vital Knowledge. "Markets are caught in an aggressive risk-unwind as equities plunge around the world, with tech getting hit particularly hard," he wrote in a note Monday.

Persons: Wharton's Siegel, Jeremy Siegel, CNBC's, Siegel, hasn't, it's, … They're, —, Lisa Kailai Han, Tom Lee, Lee, Duncan Toms, Toms, Fred Imbert, Victoria Greene, Greene, It's, Nimrit Kang, — Lisa Kailai Han, Dan Ives, Gene Goldman, Gennadiy Goldberg, Ives, Goldman, Goldberg, Oppenheimer's John Stoltzfus, Evercore, Ed Hyman, Hyman, Adam Crisafulli, Crisafulli Organizations: CNBC, Stock, Nikkei, Dow Jones Industrial, Nasdaq, Wharton, Federal Reserve, Fundstrat Global, HSBC, G Squared, Wealth, NorthStar Asset Management, Street, Wedbush, TD Securities, Federal, NASDAQ, U.S, Fed, Global Locations: U.S, Europe, Japan, China

☆ A seasonal correction and momentum to the downside has begun: Fairlead Strategies' Katie Stockton
▼ + stars: | 2024-08-05 | 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 EmailA seasonal correction and momentum to the downside has begun: Fairlead Strategies' Katie StocktonKatie Stockton, Fairlead Strategies founder and managing partner, joins 'Squawk Box' to discuss the latest market trends, what to make of the market sell-off, and more.

Persons: Katie Stockton Katie Stockton

☆ Watch CNBC's full interview with Fundstrat Global Advisors managing partner Tom Lee
▼ + stars: | 2024-08-05 | 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 EmailWatch CNBC's full interview with Fundstrat Global Advisors managing partner Tom LeeTom Lee, Fundstrat Global Advisors managing partner and head of research, joins 'Squawk Box' to discuss the latest market trends, what to make of the latest market sell-off, impact on the Fed's interest rate decision, and more.

Persons: Tom Lee Tom Lee Organizations: Fundstrat Global Advisors

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