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MLB roundup: Astros blow big lead, still top Rangers 12-11
  + stars: | 2023-07-04 | by ( ) www.reuters.com   time to read: +4 min
[1/5] Jul 3, 2023; Arlington, Texas, USA; Houston Astros first baseman Jose Abreu (79) bats against the Texas Rangers during the sixth inning at Globe Life Field. Astros closer Ryan Pressly ended the game by striking out Jonah Heim for his 18th save. Adolis Garcia's solo homer tied the game at 10-10 in the seventh, and Corey Seager's sacrifice fly gave Texas an 11-10 lead in the eighth. Milwaukee trailed 6-3 before tying the game with two outs in the seventh inning on Jahmai Jones' bases-clearing, pinch-hit double. The Cubs threatened with two runners on and two outs in the ninth inning before Devin Williams struck out Dansby Swanson to secure Milwaukee's largest comeback victory of the season.
Persons: Jose Abreu, Jerome Miron, Chas McCormick, Abreu, McCormick, Will Smith, Ryan Pressly, Jonah Heim, Bryan Abreu, Travis Jankowski, Adolis, Corey Seager's, Willy Adames, Jahmai Jones, Adames, Mark Leiter Jr, Owen Miller's, Devin Williams, Dansby Swanson, Nick Madrigal, Tucker Barnhart, Michael Harris II, Marcell Ozuna, Bryce Elder, Raisel Iglesias, Gavin Williams, Steven Kwan, Joey Votto, Tyler Stephenson, Luke Weaver, Ian Gibaut, Buck Farmer, Derek Law, Alexis Diaz, Jeimer Candelario, Dickerson, Lane Thomas, Jake Irvin, Yuli Gurriel, Louis, Gurriel, Nick Fortes, Huascar Brazoban, Puk, Willson Contreras, Harrison Bader, York's Giancarlo Stanton, Yennier Cano, Anthony Rizzo, Danny Coulombe, Bader, Domingo, Tommy Kahnle, Clay Holmes Organizations: Houston Astros, Texas Rangers, Life, Astros, Rangers, Brewers, Cubs, Milwaukee, Chicago, Braves, Atlanta, Cleveland, Guardians, Reds, Cincinnati, Washington, Nationals, Marlins, Cardinals, Miami, The Marlins, Yankees, Orioles, New York, Baltimore ., Thomson Locations: Arlington , Texas, USA, Houston, Texas, Baltimore
MLB roundup: Astros win finale with Dodgers in 11 innings
  + stars: | 2023-06-26 | by ( ) www.reuters.com   time to read: +12 min
Astros rookie right-hander Hunter Brown gave up one run on three hits over six innings, Ryan Pressley (2-2) earned the win and Seth Martinez collected his first career save. Dodgers starter Tony Gonsolin gave up four runs on five hits over five innings. Starter Bailey Ober gave up three runs and five hits and struck out eight in six innings. Pete Alonso had three RBIs via a two-run single in the third and a homer in the seventh, while Francisco Lindor also went deep for the Mets. Padres starter Seth Lugo (3-4) gave up three runs on seven hits with four strikeouts and no walks in five-plus innings.
Persons: Jeremy Pena, Jose Abreu, Alex Bregman, Corey Julks, Bregman, Hunter Brown, Ryan Pressley, Seth Martinez, Freddie Freeman, Mookie Betts, Will Smith, Tony Gonsolin, Gonsolin, Yency Almonte, Willson Contreras, Louis, Paul Goldschmidt, Marcus Stroman, Lars Nootbaar's, Matthew Liberatore, Jake Woodford, Jordan Hicks, Royce Lewis, Lewis, Donovan Solano, Bailey Ober, Griffin Jax, Jhoan Duran, Zach McKinstry, Michael Lorenzen, Brendan White, Carlos Correa, Kyle Schwarber, Trea Turner, Jeff Hoffman, Pete Alonso, Francisco Lindor, Anthony Santander, Kyle Bradish, Felix Bautista, Cal Raleigh, Harrison Bader, Gerrit Cole's, Anthony Volpe, John King, Jose Trevino, Bader, Yerry Rodriguez, Ezequiel Duran, Volpe, Oswaldo Cabrera, Michael King, Adolis Garcia, Corey Seager, Jonah Heim, Leody Taveras, Cavan Biggio, Yusei Kikuchi, George Springer, Rickey Henderson, Kikuchi, Luis Medina, Tony Kemp, Matt Olson, Olson, Raisel Iglesias, Kevin Newman, Matt McLain, Chris Sabo, Owen Miller's, Miller, Trevor Stephan, Joey Wiemer, Elvis Peguero, Devin Williams, Cleveland, Luis Robert Jr, Robert, Kutter Crawford, Jesse Scholtens, Crawford, Adam Duvall's, Justin Turner, Eury Perez, Perez, Dontrelle Willis, Jonathan Davis, Luis Arraez, Ezequiel Tovar, Austin Gomber, Justin Lawrence, Shohei Ohtani, Eduardo Escobar, Taylor Ward, Ketel Marte, Patrick Bailey, Evan Longoria, Davis, Blake Sabol, Marte, Tyler Glasnow, Jose Siri, Taylor Clarke, Harold Ramirez's, Drew Waters, Glasnow, Pete Fairbanks, Colin Poche, Yandy Diaz, Siri, Maikel Garcia, Daniel Lynch, MacKenzie Gore, Jeimer Candelario, Joey Meneses, Tim Hill, Candelario, Meneses, Gore, Seth Lugo Organizations: Houston Astros, Los Angeles Dodgers, Astros, Houston, Dodgers, Los Angeles, Cardinals, Cubs, Chicago, Tigers, Minnesota, Detroit, Twins, Phillies, Mets, Philadelphia, Orioles, Mariners, Baltimore, Santander, Cal, Yankees, Rangers, Texas, Blue Jays, Athletics, Cavan, Toronto, Oakland, Braves, Reds, Cincinnati, Brewers, Milwaukee, Cleveland, White Sox, Red Sox, Boston, Marlins, Pirates, Miami, Pittsburgh, Rockies, Angels, Colorado, The Rockies, Diamondbacks, Giants, Arizona, J.D, Rays, Royals, Tampa Bay, Kansas City, Nationals, Padres, Washington, Thomson Locations: Los Angeles, London, Chicago, New York, Seattle, Atlanta, Cleveland, Los, Denver, San Francisco, St . Petersburg, Fla, Kansas, San Diego
Samantha McLemore, Bill Miller's longtime co-manager who struck out to start her own fund, has her eyes on some of the most hated stocks in the market. McLemore said she is a classic long-term investor who studies companies' intrinsic value, but she also has a knack for finding underappreciated opportunities based on consumer behavior. However, McLemore believes that Delta differentiates itself from the rest by being a premium brand and it generates revenue from stable sources like loyalty programs. DAL 5Y mountain Delta "I think now you're getting another chance here," McLemore said. "Even in a recession, we have confidence that they can earn in the mid $4 a share," McLemore said.
Persons: Samantha McLemore, Bill Miller's, McLemore, Legg Mason, Miller, Ben Graham, DAL, OneMain Organizations: Capital, Trust, New York City . Delta Air, OneMain Holdings, Investors Locations: Baltimore, New York City, Evansville , Indiana
Miller portrays Barry Allen who, as superhero the Flash, uses his superspeed to travel back through time to try to prevent his mother’s death. Miller plays both The Flash and his younger self throughout the film. The Flash gets stuck in the past with Supergirl portrayed by Sasha Calle and Batman played by the original cinematic Batman, Michael Keaton. "Really it's a beautiful moment for me," Miller told Warner Bros at the premiere. Ben Affleck, who portrays Batman in some scenes, told Warner Bros it was "nice" to play a wiser character with something to impart on younger characters.
Persons: Ezra Miller, James Gunn, Miller, Barry Allen, Supergirl, Sasha Calle, Batman, Michael Keaton, Ben Affleck, Ezra, David Rooney, Mario, Rollo Ross, Danielle Broadway, Mary Milliken, David Gregorio Our Organizations: Warner Bros, Flash, Reuters, Rotten, Hollywood Reporter, Thomson Locations: ANGELES
"The Flash" reportedly has a "secret ending" that studio Warner Bros. is trying to keep under wraps. Warner Bros. is trying to "keep the 'secret ending'" of "The Flash" "under wraps" ahead of its June 16 release, Variety's Tatiana Siegel reported Saturday. Now the ending has been settled, but the studio is still trying to keep its contents from leaking to the general public. In showings on the Warner Bros. lot in Burbank this week, Siegel reported, the final scene was intact but "key elements" were blurred out. Siegel reported that a script for a sequel has already been written.
Persons: Ezra Miller, Variety's Tatiana Siegel, Miller, Jason Guerrasio, Guerrasio, — didn't, Siegel, Andy Muschietti, wouldn't, Muschietti, Miller's Organizations: Warner Bros, Morning, CinemaCon Locations: CinemaCon, Burbank
Steve Cohen's hedge fund has likely made a $100 million gain on Nvidia after investing last quarter. Cohen recently urged investors to shrug off their fears and ride the "big wave" of AI. Steve Cohen's hedge fund has likely scored a $100 million gain on Nvidia in just two months, thanks to the chipmaker's stock surging on the back of the artificial-intelligence boom. Point72's largest positions included a $523 million stake in Meta Platforms, and more than $400 million worth of stock in both Broadcom and Amazon. He described the burgeoning technology as a "big wave," and predicted it would create new jobs as well as eliminate existing ones.
But instead of basking in the success and recognition he's received recently, Miller told Insider that he's most excited about the outside-the-box investing strategy that he's concocted. Become a champion investor by playing defense — and making these 6 movesThe investing strategy Miller uses is related to an old sports adage: offense sells tickets, but defense wins championships. The defensive component of Miller's fund is more sophisticated. Currently, Miller's fund is following this method by selling bond futures contracts, which is a hedge against higher interest rates. If Markowitz saw Miller's fund, he may be proud.
Lengeling told Doty it "felt like we got punched in the gut, quite frankly" when he recently learned prosecutors were asking that Miller spend a year in prison for the penny stock scheme. In addition to his prison term, which Miller is expected to start serving in August, Doty sentenced Miller to two years of supervised release after he completes his time locked up. Miller and Jaberian, as well as an unidentified person related to Miller, became the nominal CEOs and presidents of the targeted companies, prosecutors say. Miller voluntarily dropped a suit related to efforts to take over New World Gold soon after CNBC reported his involvement with that company. Doty sentenced him on May 10 to two years of probation.
Hedge fund billionaire Steve Cohen told investors to ride the "big wave" of artificial intelligence. Focusing too much about a recession may cause investors to miss AI opportunities, he added. Cohen's upbeat comments on artificial intelligence come as other big investors revealed big bets on AI stocks. For example, Stanley Druckenmiller's family office loaded up on Nvidia shares and made a new Microsoft investment last quarter. Meanwhile, Bill Ackman's hedge fund revealed it bought Alphabet shares worth over $1 billion as the company ramps up its foray into artificial-intelligence technologies.
Lots of Club holdings, including Nvidia (NVDA) and Alphabet (GOOGL), were among the stocks traded by some of Wall Street's biggest investors and money managers in the first quarter. That firm, Jeffrey Ubben's Inclusive Capital, had owned 1.63 million Salesforce shares at the end of December, worth nearly $217 million at the time. Jeff Smith's Starboard Value also sold some Salesforce shares in Q1, leaving the firm with 2.5 million shares at the end of March. Mason Morfit's ValueAct Capital amplified its Salesforce stake in the first quarter, ending with 3.5 million shares, up from just 560,221 shares at the end of 2022. Loeb's Third Point amassed 4.75 million shares of Alphabet, worth $492.7 million at the end of the first quarter.
That realization led portfolio manager David Miller to launch the Catalyst Insider Buying Fund (INSIX) nearly 12 years ago. While many funds factor in insider transactions when selecting stocks, few use it as their main prerequisite when screening investments. But in the last 12 months, it's the best-performing large-cap fund on the market through April 30, according to Kiplinger. All of these companies have benefitted from insider buying to some extent, but some have been lifted even more by company buybacks. "They've just been gobbling up their own stock," Miller said of O'Reilly Automotive.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStanley Druckenmiller: A.I. is very, very real and could be as impactful as the internetCNBC's Leslie Picker joins 'Closing Bell' to report on legendary investor Stanley Druckenmiller's thoughts on A.I. and takeaways from The Sohn Conference.
MLB roundup: Red Sox drop Phils for 8th straight win
  + stars: | 2023-05-07 | by ( ) www.reuters.com   time to read: +12 min
Boston's Rob Refsnyder ripped a two-run double, Christian Arroyo had a two-run single and Reese McGuire added an RBI single for the Red Sox, who have scored 59 runs during their eight-game winning streak. After Willie Calhoun popped out with two runners on, Bader put the Yankees ahead with a two-run single to right field. He worked a perfect ninth inning, striking out two, to earn his first save. Alejandro Kirk added an RBI double and Daulton Varsho an RBI single for the Blue Jays, who entered the series with a five-game losing streak. Jack Suwinski homered and Connor Joe had an RBI single for the Pirates, who lost their sixth in a row.
Norma Miller is the CEO of a Vermont-based company suing Twitter over unpaid bills. Miller told Bloomberg that Twitter owes her company $42,000. A business owner who's suing Twitter over unpaid bills told Bloomberg that the company began responding to her with a bot after Elon Musk took over. Last month, her company was one of four that filed a joint lawsuit against Twitter seeking a total of $230,000 in unpaid bills. She told Bloomberg that Twitter stopped paying her company about two weeks before Musk's takeover last October.
A new wave of podcast networks has emerged to help creators make content and earn money. Here's a breakdown of seven leading podcast networks that work with social-media influencers. "We are creator-led 100%," Faucett, now executive producer at TMG Studios, told Insider. "To expand podcast reach and earnings, we can also help implement additional strategies tailored to the creator — anything from Snapchat distribution to podcast clip services." Here are the top seven podcast networks for influencers, listed in alphabetical order by company name:
At a recent event about small business, experts advised that having a clear vision is the key to a successful brand. The conversation was part of Insider's event " Marketing for Small Business ," which took place on Tuesday, April 25. From building a strong brand identity to uncovering the best marketing tools, these industry experts shared a roadmap to growing a small business. Start by building a brand identityThe panelists explained how crucial building a strong brand identity is to moving a small business forward. Put the customer firstPittson advised reading reviews and allowing the customer to guide the small business' vision.
Alexa Curtis, the founder of a blog and mentorship company, shares her $5,000 monthly budget. She says social media, marketing, and personal branding are the most important investments. For her personal brand, she spends about $350 each month on a branding coach who helps her decide what message she wants to project through her work. But GrasshoppHer relies more on monthly and annual membership fees to grow, and the new business has more opportunities for sponsorships, Curtis said. courtesy of CurtisSince merging companies, "it's becoming less of a personal brand," Curtis said.
Notable investor Bill Miller is getting into the exchange traded fund game, according to securities filings. Miller Value Partners made the initial filings for what appears to be its first ETFs on Wednesday — the Miller Value Partners Appreciation ETF and the Miller Value Partners Leverage ETF. The leveraged ETF is also actively managed, but will include leveraged ETFs and swaps on the S & P 500 in addition to equities and standard ETFs. Miller Value Partners will use an "adaptive, data-driven approach" to determine each day whether the fund should be leveraged or unleveraged, the filing said. While Miller has made his name as a value investor, he has expanded his portfolio to include bets on certain tech stocks like Amazon .
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBad news for the economy is finally bad news for stocks, says Miller's Matt MaleyMatt Maley, Miller Tabak chief strategist and Meghan Shue, Wilmington Trust head of investment, join 'Closing Bell: Overtime' to discuss this weeks JOLTs report and market reaction.
MLB roundup: Aaron Judge homers in Yankees' opening win
  + stars: | 2023-03-31 | by ( ) www.reuters.com   time to read: +8 min
Houston had its modern-day record of 10 consecutive Opening Day wins snapped. Orioles 10, Red Sox 9Adley Rutschman's 5-for-5 Opening Day helped Baltimore to a win over host Boston. Mets 5, Marlins 3Brandon Nimmo's three RBIs backed Max Scherzer's quality start, leading New York to an Opening Day victory over Miami. Twins 2, Royals 0Pablo Lopez and four relievers combined on an Opening Day two-hitter as visiting Minnesota blanked Kansas City. It was O'Neill's fourth consecutive Opening Day with a homer, tying a major league record.
A legislative aide who works for GOP Rep. Matt Gaetz is a convicted war criminal, The Intercept reported. The aide, Derrick Miller, spent eight years in prison after murdering an Afghan civilian, the report said. Gaetz's office defended its decision to hire Miller, saying he was "wrongfully convicted." According to The Intercept, Miller shot Mohammed in September 2010. The Florida congressman also repeatedly criticized the war in Afghanistan before President Joe Biden withdrew US troops in 2021.
EstateLuxShootTrying to unload an expensive mansion in the midst of a banking crisis with the LA real estate market softening and uncertainty looming large isn't exactly great timing. Feinberg, like all luxury mansion sellers in LA, is also contending with the new mansion tax approved by voters in November. Yann IppolitoFor homes priced between $5 million and $10 million, sellers will have to pay the city 4% of the total sale price. According to his calculations, all of those sellers combined would have racked up a mansion tax bill of almost $131 million. "When New York implemented the mansion tax in 2019, there was a surge in closings just short of the July 1 start date and a void of sales in the following months," he said.
The Black couple decided to "whitewash" their home and had a white friend pose as the owner. Their home was revalued at $1.48 million and they've now settled with the appraiser, per NBC News. That second appraisal valued the home at $1.48 million – a $487,500, or 49%, increase from Miller's appraisal just three weeks earlier, per the filing. This case isn't the first time discrepancies between Black and white homeownership have been discovered. And last year, the New York Times reported on a Black couple in Maryland who filed a lawsuit after their home was valued $278,000 higher when a white colleague pretended to own the home.
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Sen. Elizabeth Warren urged the Supreme Court to uphold Biden's student-debt relief. "The Supreme Court needs to do its job and apply the law as it is written." GOP Sen. Marsha Blackburn, for example, wrote on Twitter on Thursday that "canceling student debt is Biden's gift to young left-wing activists. She also led GOP senators in filing an amicus curiae brief to the Supreme Court urging it to strike down Biden's debt relief. This scale of student-loan forgiveness is unprecedented, so it's hard to determine which way the Supreme Court will rule.
Investing in Space: Texts from orbit
  + stars: | 2023-02-23 | by ( Michael Sheetz | ) www.cnbc.com   time to read: +3 min
CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Recently I woke up to a text message from a satellite, sent by Lynk Global co-founder and CEO Charles Miller. "I asked them to send that text message from one of our phones," Miller said. So far, the satellite operators of Globalstar , Iridium , SpaceX and AST SpaceMobile are also chasing this untapped market. It plans on "launching many more this year" and has an eventual goal of up to 5,000 satellites in orbit.
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