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In his new film, “Kinds of Kindness,” though, Yorgos Lanthimos goes further. Jesse Plemons is Robert in Yorgos Lanthimos’ new film, “Kinds of Kindness." Workplace harassment is a pervasive problem in a huge range of professions, from farm work to domestic labor to Hollywood itself. Remote work saves companies money by reducing rent and relocation costs, and because workers who work from home are more satisfied with fewer pay raises. People in “Kinds of Kindness” are pushed to mistake domination for kindness.
Persons: Noah Berlatsky, Yorgos Lanthimos, Lanthimos, Noah Berlatsky Noah Berlatsky, Emma Stone, Jesse Plemons, Willem Dafoe, Margaret Qualley, Hong Chau, Joe Alwyn, Mamoudou Athie, Hunter Schafer, Robert, Plemons, Raymond, Dafoe, , Chau, balk, Raymond’s largesse, don’t, Yorgos, Atsushi Nishijima, MeToo, Harvey Weinstein, Jamie Dimon, Raymond isn’t, Raymond kisses Robert, Emily, Stone, Omi, she’s, Donald Trump’s, Steve Wozniak, Musk, Steve Jobs, Trump, Roberts Organizations: CNN, Searchlight, Hollywood, JPMorgan, Elon, Apple Locations: Chicago, Hong, Hollywood
Insider Today: CEOs in Training
  + stars: | 2024-06-23 | by ( Matt Turner | ) www.businessinsider.com   time to read: +5 min
But first: On the ground at Cannes Lions, aka summer camp for the ad industry. The promenade at the Cannes Lions festival in 2023. Tristan FewingsThis week's dispatchThe biggest names in marketing made for the south of France last week for the annual Cannes Lions festival. Meet Business Insider's most innovative CMOs of 2024. The program places MBAs in leadership positions at companies within just a few weeks, and promises to turn them into CEOs in a few years.
Persons: , Goldman Sachs, Tristan Fewings, Lara O'Reilly, Julia Hood, Megan Rapinoe, Sue Bird, I'm, Jason, Travis Kelce, Taylor Swift, Jimmy Simpson, Jenny Chang, Rodriguez, It's, Brian Ach, Tyler Le, Andy Sieg, Merrill Wealth, Sieg, Jeff Bezos, Paul Souders, Devon Price Organizations: Service, Business, Cannes Lions, Yahoo, Spotify, Sport, BI, Amazon Locations: France, Sport Beach, Seattle , Washington
What's next: Media Matters filed a motion to dismiss Musk's lawsuit in March, but a judge has yet to rule. VCG/GettyGovernment lawsuits and investigationsSEC investigation into Musk's Twitter takeoverThe issues: The Securities and Exchange Commission is investigating Elon Musk's Twitter purchase. Matt Winkelmeyer/Getty ImagesPersonal lawsuits against MuskTornetta v. MuskThe issues: Tesla shareholder Richard Tornetta sued Musk and Tesla in a class action lawsuit regarding Musk's compensation package, which was worth $55.8 billion at the time. Several lawsuits also allege Musk discriminated against them because of their race, gender, or disability in choosing to fire them. The executives were set to receive golden parachutes, but claim Musk and X have not paid them out.
Persons: , Elon Musk, Musk, Claire Boucher, Grimes, Alex Spiro, Sam Altman, Donald Trump, Spiro, Anna Webber, Angelo Carusone, What's, Gina Carano, Schaerr Jaffe, Tesla, Musk's, Elon, SEC hasn't, Elon Musk's, who've, Owen Diaz, Matt Winkelmeyer, Richard Tornetta, Kimbal Musk, He's, Boucher, Benjamin Brody, Brody, Brody reverberated, Ben Brody, didn't, Robert Kaiden, Kaiden, he's, Agrawal, Parag Agrawal, Ned Segal, Twitter Vijaya Gadde, Sean Edgett, Segal, hadn't Organizations: Service, SpaceX, Business, OpenAI, SEC, Trump, Trump —, Elon, Variety, Media, X Corp, Disney, National Labor Relations Board, UAW, Tesla, Getty Government, Twitter, Securities, Exchange Commission, Justice Department, Reuters, Traffic, Administration, NHTSA, Apple, NLRB, Musk's SpaceX, US, Employment Opportunity, Musk, Nazi, Litigation Locations: Texas, Texas and Missouri, America, Nazi Germany, California, Delaware, San Francisco
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRoaring Kitty's slim chance to become a billionaire from his GameStop bet, explainedMeme stock celebrity Keith Gill, aka 'Roaring Kitty,' has been dominating headlines since his online reappearance in May 2024 after a three-year hiatus. Wall Street closely follows his posts, which usually consist of memes and cryptic messages. These messages have caused significant volatility, especially in GameStop shares. Watch the video to see how his return has reignited the meme stock craze and whether his GameStop bet could make him a billionaire.
Persons: Keith Gill Organizations: GameStop
New York CNN —For all the mistakes and safety problems Boeing has managed under CEO Dave Calhoun’s watch — resulting in a dozen corporate whistleblowers, multiple groundings and a chunk of a plane’s fuselage literally blowing off in midair — virtually no one has held him to account. But when pressed on taking personal responsibility, Calhoun deflected, over and over. “I am proud of every action we have taken,” Calhoun said when pressed by Hawley on how he could possibly be proud of Boeing’s safety culture. “I don’t think the problem’s with the employees, actually, I think the problem’s with you. It’s the C-suite, it’s the management, it’s what you’ve done to this company,” Hawley said.
Persons: CNN Business ’, Dave Calhoun’s, lavishing, Calhoun, Republican Sen, Josh Hawley, Boeing’s machinists, hasn’t, , ” Calhoun, Hawley, ” Hawley, they’re, Democratic Sen, Richard Blumenthal didn’t, you’ve, ” Blumenthal, “ I’m, ” Richard Aboulafia, Chris Isidore, ” Aboulafia, Organizations: CNN Business, New York CNN, Boeing, Airbus, Republican, Democratic, , Federal Aviation Administration, Department, Consultancy Locations: New York
Reddit's traffic is up 39% year over year this month, according to Similarweb. Reddit's big boost is likely from Google traffic. AdvertisementHave you seen more Reddit results in your Google searches lately? Way, way, not alone. Reddit's traffic has surged in the last few months, largely because of its increased prominence in Google search results.
Persons: , Hugh Langley Organizations: Service, disney, Google, Business Locations: That's
"House of the Dragon" finally returned on Sunday night, two years after season one aired on HBO and became a smash hit. Rhaenyra, in mourning, needs to see her dead son for herselfRhaenyra discovers the remains of Arrax, her son Lucerys' dragon, in the season two premiere of "House of the Dragon." Daemon makes an oopsieDaemon (Matt Smith) and Rhaenyra (Emma D'Arcy) in "House of the Dragon" season 2. Back in King's Landing, the assassins that Daemon sent after Aemond close inEwan Mitchell as Aemond Targaryen in "House of the Dragon" season two. Olivia Cooke as Alicent in season two of "House of the Dragon."
Persons: , Alicent Hightower, Aegon II, Rhaenyra Targaryen, Alicent's, Aemond, Rhaenyra's, Lucerys Velaryon, Eammon Jacobs, Palmer Haasch, Caralynn, Palmer, , Cregan Stark, Ollie Upton, Stark, Jace, Vhagar, Daemon Daemon, Theo Whitman, Daemon, she's, Corlys, Tom Glynn, Carney, Helaena, Alicole, … Palmer, Rhaenyra, Arrax, Lucerys, Theo Whiteman, Emma D'Arcy, Milly Alcock —, Emma, Luke, Syrax, Otto, Larys, Michael, Aegon's, Hugh, Alicent, Sonoya Mizuno, maven, Whistleworm, I'm, Matt Smith, Jace —, he's, Jacaerys, it's, Ramin, Daemon Targaryen, Ewan Mitchell, it's Helaena, It's, Olivia Cooke, Cole, wasn't Criston, Jaime, Cersei, Bran Organizations: Service, HBO, Greens, Aegon, Blacks, Business, Alpha Beta Locations: Alicole, Farmville, Lucerys, Alicent
Read previewWarning: spoilers ahead — obviously — for all of "House of the Dragon" season one. "House of the Dragon" season two is finally almost here — but it's been a few years since season one aired on HBO. AdvertisementHere's everything you need to know before diving into "House of the Dragon" season two. Paddy Considine as King Viserys in "House of the Dragon" season one. That's about where things end in season one, leaving plenty of aftermath for "House of the Dragon" to tackle in season two.
Persons: , it's, We've, King Viserys, Rhaenys, Targaryen, Rhaenyra's, Lucerys, that's, Viserys, Rhaenyra, King Jaehaerys, Paddy Considine, Ollie Upton, Jaehaerys, Daemon, Alicent Hightower, Baelon, Prince, Laena Velaryon, Emily Carey, Alicent, Daemon Targaryen, Matt Smith, Velaryon, Steve Toussaint, Craghas Drahar —, Daniel Scott, Smith, Laenor Velaryon, John MacMillan, Corlys, Ser Criston Cole, Otto Hightower, Ser, Otto, she's, all's, Hightower, Ser Criston, Laenor's paramour, Joffrey, they're, Laenor, Tyraxes, Lyonel Strong, Alicent's, King, Lyonel, Harwin Strong, Viserys doesn't, Harwin, Larys, Otto reassumes, Nanna Blondell, HBO Daemon, Lady Rhea, The, Lord Corlys, Baela, Rhaena, Laena, Vhagar, Aemond, Jacaerys, Helaena, Ser Qarl, Visenya, Lucerys —, Vaemond, Driftmark, he's, Simba, Sonoya Mizuno, Mysaria, isn't, Rhaenys doesn't, Ser Erryk, Elliot Tittensor, Elliot Grihault, Emma D'Arcy, Arryn, House Stark, Lord Borros Baratheon, Lord Borros Organizations: Service, HBO, Business, Aegon, Council, Grand, Aemond, Aemond's, Aegon II, Prince Aegon, Small Council, Greens Locations: Rhaenyra, Lys, Vale, Harrenhal, Pentos, Driftmark, Jacaerys
Insider Today: Meta's manager squeeze
  + stars: | 2024-06-16 | by ( Matt Turner | ) www.businessinsider.com   time to read: +5 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Apple announced Apple Intelligence at WWDC 2024. CEO Tim Cook unveiled Apple Intelligence, a generative AI system partly powered by ChatGPT (for now). Assuming Apple Intelligence works as intended, there will be even more reason to switch to or stay with Apple. Add it all together, and, as Linette Lopez writes, Apple may be the one Big Tech company getting AI right.
Persons: , there's, Jimmy Donaldson, Justin Sullivan, Apple, Tim Cook, Katie Notopoulos, OpenAI, Linette Lopez, Alyssa Powell, Fitch, it's, Abercrombie, Mark Zuckerberg, Michel Shvo Patrick McMullan, Chelsea Jia Feng, Michael Shvo, Shvo, he's, Grace J, Kim, Gen Zers, There's, isn't, Z Organizations: Service, Business, Apple, Apple Intelligence, Google, Microsoft, Big Tech, Getty, Abercrombie, Fitch, GameStop Locations: cologne, New York City
Broadcom surged more than 12% to a record high Thursday following an excellent fiscal second-quarter earnings report on Wednesday night . The other part of Broadcom's AI business is selling products like Ethernet switches that help stitch together servers inside data centers. AVGO 1Y mountain Broadcom's stock performance over the past 12 months. Tan said on the call Wednesday that customer — aka Apple — is all of Broadcom's wireless business. Wall Street estimates for Broadcom's wireless business will need to rise to reflect the increased iPhone demand we expect to see.
Persons: , Hock Tan, Tan, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Broadcom, Nvidia, Apple, Apple Intelligence, America, VMWare, CNBC, Getty Locations: San Jose , California
Read previewBird flu is flying wild, and it has many infectious disease experts more worried now than ever. The H5N1 avian influenza virus has killed tens of millions of birds across the planet and more than 40,000 sea lions and seals. Most people seem to have very little chance, if any, of catching H5N1 avian influenza right now. Jim Vondruska/ReutersBut infectious disease experts are increasingly concerned that the H5N1 virus could make a sustained jump into humans and start spreading among us. This virus is a leading candidate for the next pandemic, and four developments in the past month have experts worried.
Persons: , Jim Vondruska, That's, Dr, Monica Gandhi, Bird, WHO —, Christopher Dye, Dye, David L, Ryan, Gandhi, Tayfun, Rick Bright, Cynthia Goldsmith, Jackie Katz, Richard Webby, Jude, Talita, Lima Freitas, Amanda Perobelli, Marko Geber, Terry Chea, they've Organizations: Service, CDC, Business, Global Medicine, University of California, Health Organization, WHO, University of Oxford, Boston Globe, Getty, US Department of Agriculture, Anadolu Agency, The Telegraph, Biomedical, Research, Development Authority, AP, Centre, Studies, Reference Laboratory, World Organization for Animal Health, Vaccines, University of Pennsylvania Locations: Luz, Monee , Illinois, San Francisco, Australia, Kolkata, India, New Mexico, New York, St, Michigan, Campinas, Brazil
But the impact of ancient DNA, which has revolutionized archaeology in Europe and higher latitudes, has been more limited in tropical areas because DNA degrades more easily in warm conditions. However, recent advances in ancient DNA technology are expanding its reach, she said. And suddenly, we now have the ability to do these large-scale genomic studies and apply ancient DNA as a tool to help us understand the past in Mesoamerica,” Warinner said. The team compared the ancient DNA with that of 68 residents of the present-day Maya community of Tixcacaltuyub. “They were super happy to learn that they were related to the people that once inhabited Chichén Itzá,” Barquera said.
Persons: , Rodrigo Barquera, Max Planck, , El, Chichén Itzá, Donald Miralle, Rubén Mendoza, wasn’t, Christina Warinner, John L, Loeb, “ We’re, ” Warinner, Vera Tiesler, Tiesler, Johannes Krause, Warinner, It’s, ” Barquera, Ermila Organizations: CNN, Max, Max Planck Institute, California State University, telltale, Social Sciences, Harvard University, Evolutionary, Boys, Autonomous University of Yucatán, ” Twins, Twins Locations: Chichén, Mexico’s Yucatán, archaeogenetics, Leipzig, Germany, El Castillo, Monterey Bay, Europe, Itzá, Tixcacaltuyub
But there is a possibility that residual underground lava tubes may still exist. HUM Images/Getty ImagesIf these lava tubes are anything like Earth's, they could be the perfect place for astronauts to hunker down during their stay on Mars. It's unclear if lava tubes on Mars would also be this warm — it's not a stretch to imagine, just a challenge to confirm. But to be clear, just because there could be life in these pits, doesn't mean Mars definitely hosts extraterrestrials. "This is a good place to look, but we don't know if there's life on Mars at all," Johnson said.
Persons: , Brandon Johnson, Johnson, George Rose, Ross Beyer, Beyer, there's, it's Organizations: Service, University of Arizona, Business, NASA, JPL, Scientists, Purdue University, Olympus, SETI Institute, Goddard, Arizona State University, Reconnaissance Locations: Arizona, Tharsis, Hawaii
AdvertisementWill Merchan sentence Donald Trump to jail? Merchan will not sentence Trump to prison, the four agreed. Merchan could theoretically sentence Trump to as little as a single day in Rikers, said Kamins, now in private practice at Aidala, Bertuna & Kamins. But even in the unlikely event of a low-jail sentence, Trump's appeals would keep him at liberty for years, all four judges said. "I certainly don't know what the right decision is, or what Judge Merchan will do," Obus told BI.
Persons: , Donald Trump, Will, Juan Merchan, Trump, blunts, Attorney Alvin Bragg, Bragg, Jane Rosenberg, Michael Obus, Barry Kamins, Charles Solomon, Solomon, Shannon Stapleton, Kamins, Richard Drew Appeals, — Obus, Trump's, Ted Cruz, Joshua Steinglass, Obus, I've, Ron Kuby, Kuby, Merchan, STEVEN HIRSCH, Judge Merchan, Susan Necheles, Stormy Daniels, Jane Rosenberg Merchan, Rehashing, he's Organizations: Service, Will New, Business, Attorney, REUTERS, New York, New, New York City, BI, Trump, Manhattan, Republicans, AP, National Enquirer, Getty Images, Harvard Business School, Reuters, Manhattan Criminal Locations: Rikers, Manhattan, New, New York, Brooklyn, , New York, New York's, Aidala, United States, Florida, Washington
Now, there are baby naming consultants who rifle through popularity lists, analyze trends, and recommend the right fit for families. There are companies that specialize in baby names, too. AdvertisementCoffield said she knew she could make a living from baby names when she started talking about it on TikTok. She had previously focused on educating women about how to be empowered while giving birth and casually spoke about baby names a few times. The biggest way to build success in the baby naming business is to make sure people find you credible, Coffield said.
Persons: , influencer Francesca Farago, @francescafarago, ames, earbooks,, ike, ersonal, ake, ince, ure Organizations: Service, Business, Netflix, ust
AdvertisementWe decided on Vegas so our families could goStill, we didn't rush into wedding planning. Related storiesI joked that Vegas felt apropos because "every relationship is a gamble." AdvertisementI just wanted fun and easyMy wedding planning ethos was fun and easy, just like our relationship. It didn't feel like a cheap wedding; it felt like a masterpiece, even to our guests. When we first started planning, I wasn't aware that Las Vegas was "the wedding capital of the world," but now it's easy to see why.
Persons: , Wade, I'd, we'd, who'd, wasn't, Vegas, Elvis, Ben Affleck, Jennifer Lopez, Bruce Willis, Demi Moore, Frank Sinatra, Mia Farrow, hitched, Michael Conti, Keith Kaplan, Joe's Organizations: Service, Target, Business Locations: Vegas, Minnesota, Texas, Phoenix, Las Vegas
Read previewNetflix's "Dancing for the Devil: The 7M TikTok Cult" tells the story of Robert Shinn, a church pastor who was accused of sexual harassment, fraud, and forced labor by TikTok dancers signed to his management label. Shinn founded the nondenominational Shekinah Church in Los Angeles, in 1994. Robert Shinn is facing a civil lawsuit that goes to trial in 2025Robert Shinn in "Dancing for the Devil: The 7M TikTok Cult." AdvertisementShocking footage in the docuseries shows the group following Shinn from Shekinah Church to a nearby restaurant to serve him legal papers. Using photos from Arzuman Brothers home developers, it said that content creators working with 7M used the location to film dance videos.
Persons: , Robert Shinn, Shinn, videographer Isaiah Shinn, Miranda Derrick, Derrick, Priscylla Leigh, Melanie Lee, Tyla, Helen Shinn, Melanie Lee Goldman, Elisha Priscylla Leigh, Mr, Goldman, Leigh, Arzuman Organizations: Service, Netflix, 7M Films Inc, Business, CNN, The Sun, 7M Locations: Los Angeles, Shekinah, Studio City
Roel Konijnendijk teaches ancient history at the University of Oxford's Lincoln College. He rates battle scenes and swords and buckles in "House of the Dragon" (2022), featuring Matt Smith. Blacksmith Neil Kamimura rates forging scenes from "Game of Thrones" for realism. Archer Jim Kent, aka Grizzly Jim, breaks down bow and archery accuracy in "Game of Thrones." This story is available exclusively to Business Insider subscribers.
Persons: Roel Konijnendijk, Matt Smith, Blacksmith Neil, Archer Jim Kent, Grizzly Jim Organizations: University of Oxford's Lincoln College, Business
The H5N1 virus has become a pandemic among animals, raging through worldwide bird populations and now through US cattle herds. There, the H5N1 virus can continue operating as an avian virus, grabbing avian receptors with no need to adapt to human receptors. Two previous one-off human cases of H5N1 — one in Chile and one in Ecuador — featured respiratory symptoms. Even with its current monitoring, the CDC would probably detect sustained human spread, he said. Correction — June 4, 2024: An earlier version of this story misstated the nature of genomic sequencing of the H5N1 virus.
Persons: , Jude virologist Richard Webby, Diego Vara, Rick Bright, Amanda Perobelli, John Harper, Nirav Shah, farmworkers, Shah, Bright, Bill Powers, Nathan Howard, Department of Agriculture hadn't Organizations: Service, US Centers for Disease Control, Business, CDC, Reuters, World Health Organization, Studies, New York Times, Stock, Drug Administration, STAT, Webby, Department of Agriculture Locations: Texas, Michigan, Americas, Norte, Brazil, Chile, Ecuador, Campinas, Townsend , Delaware
Investors may not have sufficiently accounted for the impact of stretched consumer finances on the discretionary sector. We'll review the dichotomy going on in the consumer discretionary sector and give a bearish trade on an outperforming stock once thought to be immune from some of the pressures. To some extent, the haves and have-nots divide explains the difference between the consumer discretionary stocks that have outperformed versus underperformed this year. Horton, YTD However, two industry groups within the consumer discretionary sector have not followed this pattern to the same degree. The trade: Chipotle The best-performing restaurant in the consumer discretionary sector so far this year is Chipotle Mexican Grill Inc. (CMG) up a market-crushing 36.8%.
Persons: Roland Garros, Ralph Lauren, Hermes, Versace, Prada, Calvin Klein, Tommy Hilfiger, Van Heusen, Horton, TOL, D.R, Tesla, Darden, YTD, Chipotle Organizations: Monaco, PVH Corp, IZOD, Carnival Corp, CCL, GM, Grill Inc, Darden, Starbucks Locations: Royal Caribbean, Horton
The evidence is overwhelming that physical activity is good for both our bodies and our brains. By one estimate, we're getting 27 fewer minutes of physical activity on average each day than we did 200 years ago. For kids, who need even more physical activity, the decline is stark. A 2022 Report Card on Physical Activity for Children and Youth gave the US a D- score, concluding that America, while never sufficiently supportive of physical activity, had become even worse at making the space and time for it. I'd forgotten that exercise, while not a cure for my mental illness, was a necessary precursor to my mental wellness.
Persons: I'd, it's, that's, COVID, we're, aren't, I've, you've Organizations: Medication, Centers for Disease Control, Children, Youth Locations: Thai, America, Canada, Muay Thai
Read previewIf you're in the market for a Hermès bag that doubles as a doll house, you're in luck — as long as you have $100,000 or so to spare. A new Birkin bag starts at about $10,000 and can cost well into the six figures depending on material, size, and rarity. Since 2022, Hermès bags sold at Christie's auctions have gone for an average of 141% of the lowest estimated price, Christie's said. "Hermès Birkin and Kelly bags, especially the Faubourg bag, for example, are iconic symbols of luxury and status, coveted by collectors worldwide." Courtesy of Christie'sAs the auction demonstrates, luxury handbags — particularly those made by tightly controlled brands like Hermès — are increasingly worthy investments.
Persons: , Christie's, Birkin —, handmake, Hitha Herzog, Hermès, Faubourg Birkin, Birkin, Nicole Pollard Bayme, Hermès Birkin, Kelly, Chanel, Alexis Clarbour, Louis Vuitton, Yayoi, Dior, Loewe, Roger Vivier Organizations: Service, Business, Rue du Faubourg Saint, Deloitte, Credit Suisse, Madison Avenue Couture Locations: Birkins, Rue, Paris, retails
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewMrBeast is the most successful YouTuber of all time, but copying him isn't likely to yield the same results. Some have the same type of thumbnail, same overlay text, and even visit the same places Donaldson does. "His content doesn't succeed because of what you can see on the surface or flash-in-the-pan trends. Copying Donaldson will also not work because he has such vast resources that almost nobody else has access to, so any copycats are likely to be underwhelming.
Persons: , YouTuber Jon Youshaei, Jimmy Donaldson, Donaldson, Youshaei, Ryan Trahan, Ryan, Gilbert Flores, Xavier English, Supermix, he'd, Katya Varbanova, copycats, aren't, Varbanova, you'll, It's, Kaye Putnam, Putnam Organizations: Service, YouTube, Business, Getty, Xavier
“Art is one of our oldest creations (humans invented paint long before the wheel), one of the earliest means of communication (we drew long, long, long, long before we could write), and one of our most universal urges,” she wrote. But when you watch artists making art, it is a physical experience. Different art forms affect the brain and body in different ways. Just as when we are prescribed medications, (it’s true that) types, doses and durations of art work differently for different people. And just one art experience per month can extend your life by 10 years.
Persons: Susan Magsamen, , Ivy Ross, Bianca Bosker, , Marco Brambilla’s, Leon Neal, Rothko, , Cy, Benjamin Krantz, Bianca, Jessica DuLong Organizations: CNN, Research, Getty, Physicians, Viking CNN Locations: London, Houston, Brooklyn , New York
After the first sign this week of potential profit taking in Nvidia (NVDA) since it's monster post-earning pop, now might be the time to hedge for further downside in the semiconductor space. I want to utilize SMH (VanEck Semiconductor ETF) to express my protective and bearish strategy. However, I do have concern about the stock's "over ownership" and investors who have become conditioned to NVDA's massive earnings beats. NVDA YTD mountain Nvidia (NVDA), YTD The protective trade strategy I want to implement is to define upside risk while seeking to finance the whole option strategy which will profit if we indeed see Semi's move lower. This also serves as a short-term hedge to any and all exposure you may have to the AI theme.
Persons: SPDR, NVDA Organizations: Nvidia, VanEck Semiconductor, Semiconductor
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