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Jonathan and Jacqueline Sanchez pushed their net worth over $1 million in 2021, through a combination of savings, investments and real estate equity. But it took awhile for Jonathan, who grew up in a frugal, single-parent household to feel fully financially secure, despite the couple's millionaire status. But the diversity of their income sources, as well as their commitment to being frugal, are some of the major reasons the couple now lives — and spends — comfortably. Rather, think of how you'd live in the case of a real financial emergency. Having a diversified group of income sources allows the couple to feel financially secure, even as they go through the usual ups and downs of launching and growing an online business.
Persons: Jonathan, Jacqueline Sanchez, Jacqueline —, , Jacqueline, Jonathan helms, Christine Benz Organizations: CNBC
Additional lab and animal research presented in both papers revealed erythritol and xylitol may cause blood platelets to clot more readily. Clots can break off and travel to the heart, triggering a heart attack, or to the brain, triggering a stroke. “It’s sold as a so-called natural sweetener, and because xylitol doesn’t spike blood sugar levels, it’s also marketed as low carb and keto friendly,” Hazen said. The February 2023 erythritol in study found the risk of heart attack and stroke nearly doubled within three years when people had the highest levels of erythritol in their blood. For the new study on xylitol, the results were basically the same — people with the highest levels of xylitol compared to those with the lowest levels had nearly twice the risk of heart attack, stroke and death, Hazen said.
Persons: , , Stanley Hazen, Hazen, erythritol, Matthew Tomey, Tomey, Andrew Freeman, Freeman, xylitol, It’s, ” Hazen, you’re, Erythritol, Sinai’s Tomey Organizations: CNN, Center for Cardiovascular Diagnostics, Cleveland Clinic Lerner Research Institute, Cleveland Clinic’s Center, Human, Icahn School of Medicine, American Heart Association, Jewish Health, Getty, Food and Drug Administration, Heart Journal, World Health Organization Locations: stevia, Mount, New York City, Mount Sinai, Denver
Looking for a less risky way to find growth stocks amid all the artificial intelligence hype? Looking ahead, Thornburg expects the Fantastic Five's outperformance to continue, with the forward price-to-earnings ratio of the European group falling below the seven U.S. stocks starting in 2026 and running through 2028. The money manager also projected that the European group will increase earnings 18% a year over the next three years versus 14% for the "Mag 7." ASML, the biggest producer of the equipment used to manufacture semiconductors, makes "leading-edge" lithography equipment needed to produce AI chips, Anderson said. He manages the Thornburg International Growth Fund , a concentrated portfolio of high-quality companies based outside the U.S., which has gained 8.8% year-to-date.
Persons: Nicholas Anderson, Anderson, Thornburg, It's, it's, FactSet, ASML Organizations: Thornburg Investment Management, Novo Nordisk, ASML, LVMH, AstraZeneca, SAP, Nvidia, Big Tech, Microsoft, Apple, GLP, Nordisk, Taiwan Semiconductor, Bloomberg, Growth Fund Locations: U.S, Novo, Europe, Belgium
CNBC Daily Open: Nvidia pushes past $3 trillion
  + stars: | 2024-06-06 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Nvidia passes AppleArtificial intelligence chipmaker Nvidia surpassed the $3 trillion market capitalization mark, pushing past Apple to become the second most valuable company behind Microsoft. Baron backs Musk's pay dealBillionaire investor Ron Baron has publicly defended Elon Musk's controversial $56 billion Tesla pay package. Elliott retakes SoftBank stakeElliott Management, an activist investor, has taken a $2 billion stake in SoftBank and is pushing for a $15 billion share buyback. In 2020, at Elliott's urging, SoftBank launched a $20 billion share buyback and asset disposal program.
Persons: Ron Baron, Elon, Baron, Elliott retakes SoftBank, Elliott, SoftBank, Son's, Archer, Goldman Sachs Organizations: New York Stock Exchange, CNBC, Nvidia, Nasdaq, Hewlett Packard Enterprises, Dow Jones, Treasury, Apple, Microsoft, Baron Capital, Elliott Management, Electric, FAA, Archer Aviation, Federal Aviation Administration, United Airlines Locations: New York City, U.S, Tesla, Delaware, SoftBank, Elliott's
Chubb CEO Evan Greenberg told CNBC's Jim Cramer on Thursday that climate change is one factor that's driving the price of insurance. "Climate change has created tremendous volatility, and it continues to evolve," Greenberg said. "And the concentrations of values in areas where, where the climate – the impact of the climate – is greatest continues to increase." Known for insuring businesses and wealthy individuals, Chubb is also a major insurer of agriculture, Greenberg said. "And so, therefore, reflecting loss cost, when you think general inflation, when you think climate change, when you think litigation, that is driving the pricing of insurance."
Persons: Chubb, Evan Greenberg, CNBC's Jim Cramer, Greenberg, Warren Buffett, Berkshire Hathaway, Donald Trump, E, Jean Carroll Organizations: Berkshire Locations: U.S, North America, Asia, America, Wednesday's
Donald J. Trump and a number of his allies were indicted in Georgia in August in a sweeping racketeering indictment that accused them of trying to overturn his 2020 election loss in the state. Credit... Haiyun Jiang for The New York Times
Persons: Donald J, Trump, Haiyun Jiang Organizations: The New York Locations: Georgia
This corresponds with a rise in cardiovascular risk factors such as obesity among younger, working-age adults, it said. That's why acting fast and educating the public about stroke risk factors are crucial, the study said. These are all known stroke risk factors. Aim to up your heart rate in a "graded way," she said: "you don't want people going from zero to really pushing themselves." This is because it plays an important role in reducing several stroke risk factors, including hypertension, diabetes, and cholesterol.
Persons: , Neshika, Samarasekera Organizations: Service, CDC, Business, Cleveland Clinic, Stroke Association, American Heart Association, World
Vail Resorts — The resort operator saw its stock fall more than 5% after posting fiscal third-quarter earnings of $9.54 per share on revenue of $1.28 billion. Those results missed analysts' expectations of $9.97 per share on revenues of $1.3 billion, according to LSEG. DocuSign reported first quarter adjusted earnings of 82 cents per share on revenue of $710 million. Braze reported an adjusted loss of 5 cents per share, while analysts expected a loss of 10 cents per share, according to LSEG. Analysts were anticipating a loss of 7 cents per share and revenue of $60 million, per LSEG.
Persons: DocuSign, Braze Organizations: Vail Resorts, Revenue Locations: LSEG
India's stock market has been topsy-turvy in the past week. WealthMills Securities' equity market strategist Kranthi Bathini says "India's stock markets need stable policy continuity going forward." "The Union Budget has consistently increased allocations for infrastructure development. Strong digital economy and startup ecosystem Another longer-term theme on Sengupta's radar is the digital economy and startup ecosystem. Riding the consumer wave Aside from sectors poised for growth, WealthMills Securities' Bathini suggests looking out for names set to benefit from the strong consumer.
Persons: turvy, Narendra Modi's, Modi, Dhruba Jyoti Sengupta, Kranthi Bathini, Sengupta —, Sengupta, Bathini Organizations: Narendra Modi's Bharatiya Janata Party, BJP, Lok Sabha, Wrise, CNBC Pro, BSE, Bombay Stock Exchange, WealthMills Securities, Budget, Hindustan, Indian Railway Catering, Tourism Corporation, Indian, Construction, Titagarh, Systems, India, Canara Bank, Bajaj Finance, Securities, Hindustan Aeronautics, Tata Motors, Reliance Industries Locations: Lok, Asia, East, Europe, India, uptrend
Alphabet announced on Wednesday that Eli Lilly Chief Financial Officer Anat Ashkenazi will be its new CFO after an almost year-long search. Shares of Eli Lilly have soared 90% in the past year and are trading at a record. When she joined Eli Lilly in 2001, she came in through the company's new venture capital division, which was co-founded by her then-spouse Ron Laufer. Fastest growth in decadesFounded in 1876, Eli Lilly has long been one of the major U.S. pharmaceutical companies. But the last couple years have marked a period of historic growth for Eli Lilly due to the exploding popularity of GLP-1s.
Persons: Anat Ashkenazi, Eli Lilly Eli Lilly Alphabet's, Ruth Porat, Eli Lilly, Ashkenazi, it's, Eli Lilly's, David Ricks, Morgan Stanley, Sundar Pichai, Hollie Adams, Ron Laufer, John Smiley, Eli, It's, Trump, Eli Lilly's Covid, we're, Askhenazi, OpenAI's, Larry Page, Sergey Brin, CNBC's Eric Rosenbaum, Toby Lyles Organizations: San, San Francisco Bay Area, Google, Economic, Bloomberg, Getty, CNBC, Tel Aviv University, Hebrew University, U.S . Food, Drug, U.S . Department of Justice, FDA, Reuters, Employees, NBC Locations: U.S, Indiana, San Francisco Bay, Davos, Switzerland, Israel, biopharma, North Carolina, Germany, New Jersey
How to watchThe NBA Finals will be broadcast exclusively on ABC in the United States. 8 seed Miami Heat in the Eastern Conference Finals and Jayson Tatum’s performances in the 2022 NBA Finals being examples of these concerns. “Having nine days off [before the Finals] is good for your body and for everybody to get healthy, but we’re in the NBA Finals and we’re all so anxious and excited to play. ET• Game 4: Celtics vs. Mavericks, June 14 - 8:30 p.m. ET• *Game 7: Mavericks vs. Celtics, June 23 - 8:00 p.m.
Persons: Jimmy Butler, Donovan Mitchell, Tyrese, Joe Mazzulla, Larry O’Brien, Jayson Tatum, Jason Miller, Jayson Tatum’s, , ” Tatum, we’ve, don’t, “ I’m, Jaylen Brown, Justin Casterline, Dirk, Daniel Gafford, PJ Washington, Luka Dončić, Kyrie Irving, Dereck Lively, Derrick Jones Jr, Dončić, Jason Kidd, Kidd, Dirk Nowitzki, David Berding, ” Irving Organizations: CNN, Boston Celtics, Dallas Mavericks, NBA, ABC, BBC, TNT Sports, Celtics, Miami Heat, Cleveland Cavaliers, Indiana Pacers, Los Angeles Lakers, Getty, Eastern, , ESPN, Pacers, Mavericks, Miami Locations: United States, Tyrese Haliburton, Boston, Dallas
Opinion: I just don’t get watching organized sports
  + stars: | 2024-06-06 | by ( David G. Allan | ) edition.cnn.com   time to read: +5 min
It’s usually these professional sport high holidays where I’m cornered into admitting I’m sports agnostic. The winning and losing of watching professional sports is a faux drama, a soap opera with injuries. The difference is, of course, that the wins and losses of politics don’t benignly reset at the start of the next season. It’s the watching, and caring about, professional sports as an adult that eludes my understanding. Forgetting who he was talking to, he began his explanation by comparing his home team to another professional underdog team.
Persons: CNN —, I’m, I’d, , Jerry Seinfeld, I’ve, don’t, David Allan I’m, me, Jesse, It’s, Taylor Swift Organizations: CNN, NBA, Baltimore Orioles, Orioles Locations: Brooklyn, Baltimore
In this article NVDARIVN Follow your favorite stocks CREATE FREE ACCOUNT2025 Rivian R1S RivianRivian Automotive has redesigned its all-electric R1 pickup and SUV models to improve range, performance and computing power with the help of Nvidia chips, the company said Thursday. Amid the most notable changes to the new vehicles is their computing power, which Rivian says delivers 10 times more performance than the previous system. The lower-priced vehicles are crucial to Rivian's expansion as sales of its current models have slowed amid a sluggish industrywide sales pace for electric vehicles. 2025 Rivian R1T and R1S RivianRivian said pricing for the second-generation R1S SUV will increase $1,000 from current models to start at $75,900, with top-end trimotor models starting around $106,000. Rivian said the vehicles also feature more luxurious, updated interiors as well as a fully redesigned software interface.
Persons: Rivian, RJ Scaringe, R1T, Rivian Rivian Organizations: Nvidia, Max Locations: Illinois, Georgia, The California
However, the spacecraft was visibly falling apart on SpaceX's livestream as it screamed through Earth's atmosphere. Falling back to Earth is extremely intenseA screengrab from SpaceX's livestream shows the fin at the beginning of Starship's fall, before it shredded. A screengrab from SpaceX's livestream of the June 6, 2024 launch shows Starship sitting atop its Super Heavy booster on the launchpad. The Super Heavy booster also practiced and successfully achieved its first soft water landing, after it separated from Starship on Thursday. SpaceX reaches a major new milestone with landing its Super Heavy booster in the Gulf of Mexico.
Persons: , Elon Musk's, SpaceX's livestream, livestream, Musk Organizations: Service, Business, SpaceX Viewers, SpaceX, Starship, Super Locations: Elon, SpaceX's, Gulf of Mexico, Mars
Read previewThe Congressional Progressive Caucus's (CPC) political arm has rescinded its endorsement of former Rep. Mondaire Jones. The move comes after Jones endorsed Rep. Jamaal Bowman's moderate primary challenger, Westchester County Executive George Latimer, earlier this week. Rep. Jamaal Bowman is facing a tough primary challenge from Westchester County Executive George Latimer. Jones and Bowman appeared together at a gun violence prevention-related event in Westchester County in April 2023. Lawler has been eager to highlight Jones's past progressive positions, including his past praise for Bowman.
Persons: , Mondaire Jones, Jones, Mike Lawler, Jamaal Bowman's, George Latimer, Evan Brown, Bowman, Israel, Latimer, Jamaal Bowman, Tom Williams, Eugene Gologursky, I'm, Pramila, Jayapal, Dan Goldman, Joe Biden, Lawler Organizations: Service, Republican, Business, Westchester, Capitol, Israel, AIPAC, Getty Images, The Washington, Getty, Congressional, DSA, Progressive Caucus, PAC, Democratic, CPC Locations: Westchester County, Bowman's, Israel, Lower Hudson, Washington, Manhattan, Brooklyn, Lawler's
Smucker popped Thursday after its quarterly report – a reminder of what can happen when Wall Street expectations are low heading into the release, CNBC's Jim Cramer said. While Smucker didn't necessarily crush estimates, the reported results were "enough" to be cheered by skeptical investors, he said. SJM YTD mountain SJM shares YTD performance. Over the past 12 months, Smucker is down around 26%. However, based on the just-reported quarter, Hostess is a brand that "looks to be working" for Smucker, Cramer said.
Persons: Smucker, CNBC's Jim Cramer, Cramer, Thursday's
CNN —Nicole Kidman is spilling the details on Season 3 of “Big Little Lies.”Kidman sat down with Reese Witherspoon, who co-starred with Kidman on the series, for a Vanity Fair interview and confirmed there will in fact be a third season. Witherspoon even joked that up until now, Kidman had already “said too much” about the status of the show, which was initially a limited series, continuing. “I got excited,” Kidman said. It’s a scientific study.”But, she said, she also couldn’t help but give an update. Alongside Kidman and Witherspoon, Shailene Woodley, Zoë Kravitz, Laura Dern, Adam Scott, Alexander Skarsgård, Kathryn Newton and Meryl Streep have starred in the series.
Persons: CNN — Nicole Kidman, ” Kidman, Reese Witherspoon, Kidman, Witherspoon, , , “ Liane, Moriarty, Jean, Marc Vallée, Reese, ” Andrea Arnold, Shailene Woodley, Zoë Kravitz, Laura Dern, Adam Scott, Alexander Skarsgård, Kathryn Newton, Meryl Streep Organizations: CNN, Entertainment Locations: California
Junior Geneus Bazile, 29, of Fort Lauderdale has been charged with grand theft in the third degree. Paola Garcia told CNN affiliate WPLG in Miami that she usually takes her suitcase onboard, but this time, she was told she had to check it. In her WPLG interview, Garcia said that Spirit Airlines told her that her luggage had been sent to her house. Garcia told WPLG that she dialed 911. A WPLG video shows pictures of a man holding a plastic bag containing a pink suitcase and holding a laptop.
Persons: Geneus, Paola Garcia, Garcia, WPLG, , Bazile, Paradies, ” CNN’s Melissa Alonso Organizations: CNN, Hollywood International Airport, Spirit Airlines, WPLG, Apple, Apple Watch, Broward County Sheriff’s, Fort Lauderdale Police Department Locations: Florida, Broward County, Fort Lauderdale, Miami, Belize
Boeing’s Starliner sits on the launchpad at sunset, at Cape Canaveral Space Force Station in Florida, on Friday, May 31. The entire stack, including the rocket and spacecraft, was rolled back from the launchpad for testing and repairs. Several issues also cropped up during the June 1 launch attempt, which was called with less than four minutes left on the countdown clock prior to liftoff. But moments before liftoff, the ground launch sequencer — the computer that tells the rocket to launch — triggered an automatic hold that prevented the launch. The United Launch Alliance team investigated the issue and replaced the computer over the weekend, and deemed Starliner ready to fly once more.
Persons: Boeing’s Starliner, Joel Kowsky, NASA Starliner, Starliner Organizations: Cape Canaveral Space Force, NASA, Atlas V, V, United Launch Alliance Locations: Florida
Russia's gas giant Gazprom won't recover gas sales lost to the Ukraine war for at least a decade. Gazprom will likely lose its leading role in Russia's energy sector over time. AdvertisementGazprom, Russia's state-owned energy giant, likely won't recoup pre-war gas sales for a decade, research commissioned by the company said. By that year, gas exports to Europe will barely average a third of the volumes sold before 2022, when Moscow invaded Ukraine. Although Europe has long been the primary hub for Russia's gas, the war triggered a wave of retaliatory sanctions, upending trade with the West.
Persons: , that's Organizations: Gazprom, Financial Times, Service, Financial, West Locations: Ukraine, Russia's, Europe, Moscow, Siberia, Russia, Beijing, China
The raw data looks inarguably bad: The share of American children missing at least 10 percent of school days nearly doubled over the course of the pandemic, leaving perhaps more than six million more students “chronically absent” than had been in the 2018-19 school year. Almost everything about school performance and the well-being of children and adolescents now seems to orbit the duration of remote learning in one school year, which lives on years later as the gravitational center of our retrospective universe. The most recent available national numbers show that 26 percent of American students missed at least 10 percent of school in 2022-23. In Britain, chronic absenteeism jumped from 11.7 percent of children before the pandemic to 23.5 percent in 2022-23. In Belgium, the problem has grown by 90 percent, and in New Zealand, more than 45 percent of children missed at least 10 percent of school days.
Persons: Organizations: Covid, National Agency for Education Locations: Sweden, Britain, Belgium, New Zealand, Japan
Eli Lilly CFO Anat Ashkenazi will become Alphabet's new chief financial officer effective July 31, Google's parent company announced Tuesday, almost a year after Alphabet first announced current CFO Ruth Porat would move to a new role as president and chief investment officer. Ashkenazi has had a 23-year career at Eli Lilly, which in a separate release confirmed her departure. Ashkenazi joined Eli Lilly in 2001 and had been CFO since 2021. She previously served as a CFO for several of the company's global business areas, helping to manage the revenue windfall from Eli Lilly's weight loss and diabetes drugs. Porat had nearly three-decade career as as an investment banker at Morgan Stanley, culminating as its CFO, before joining Google in 2015.
Persons: Eli Lilly, Anat Ashkenazi, Ruth Porat, Ashkenazi, Sundar Pichai, Eli Lilly's, Porat, Morgan Stanley, Philipp Schindler, Prabhakar Raghavan, Thomas Kurian, Susan Wojcicki, Robert Kyncl, Geoffrey Hinton, — CNBC's Jenn Elias, Annika Kim Constantino Organizations: Google, CNBC, YouTube
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRoche's head of cardiovascular disease dissects GLP-1 drug trial resultsManu Chakravarthy, Roche SVP & global head of cardiovascular disease, joins 'Fast Money' to talk the company's recent weight-loss drug trial results.
Persons: Manu Chakravarthy Organizations: Roche SVP
Hunter Biden has pleaded not guilty to charges of illegally purchasing and possessing a gun while abusing or being addicted to drugs, a violation of federal law. Another question probed whether potential jurors or their close associates had ever sought treatment for drug use. During their, at times, emotional answers, prospective juror after juror described how drug use had afflicted people they knew. About 42% of adults in the United States say they personally know at least one person who died from a drug overdose, according to survey findings published earlier this year by the nonprofit research institute RAND Corporation. In addition to illuminating the sheer number of Americans impacted by addiction, Hunter Biden’s trial is also creating critical awareness around the very language used to describe drug use.
Persons: Hunter Biden, Wilmington’s J, Caleb Boggs, , , Scott Hadland, Hunter Biden’s, Andy Mendenhall, Bob Day, McPhillips, Marshall Cohen, Jacqueline Howard Organizations: Mental Health Services Administration, CNN, RAND Corporation, Children, Concern, Portland Police Locations: Delaware, United States, Oregon
UBS strategists say six out of eight signs of a stock market bubble are already flashing. In a recent note from UBS, strategist Andrew Garthwaite outlined the eight warning signs of a stock market bubble — and according to Garthwaite, six of them are already flashing. These are the eight stock market bubble warning signs, according to Garthwaite. "We can see this if we look at the TMT period when the NIPA profits fell while stock market profits rose. Extended period of limited declines - Hasn't flashedPrevious stock market bubbles saw a multi-year period of limited sell-offs of less than 20%.
Persons: , There's, Andrew Garthwaite, Garthwaite, we're, Bubbles Organizations: UBS, Service, Federal Reserve Locations: Garthwaite, Japan
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