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BofA called out the importance of Amazon's retail margin because it has generated more estimated outperformance than its cloud business Amazon Web Services (AWS). Add on same-day delivery, Jim asked, rhetorically, "Why would you go to the store on the way home when it's at your home." Fifty-one percent of respondents, a survey record, said they opted for Amazon's same-day delivery option. Based on these results, Evercore believes Prime same-day delivery is a "multiplier to purchase frequency and overall spend." The latest Wall Street analysis and thoughts from Jim support the idea of further room for Amazon stock to run higher.
Persons: BofA, Amazon's, Andy Jassy, Jassy, Jim, Evercore, Jim Cramer's, Jim Cramer, Michael M Organizations: U.S, Bank of America, United Parcel Service, FedEx, Web Services, Amazon, Walgreens, Logistics, Adobe Analytics, Club, CNBC, Santiago, Getty Locations: U.S, New York City
Apple and Alphabet pulled back to the support levels we highlighted and have since rallied strongly. As we can see, $400 served as a key support level three times early this year (the second black horizontal line). Here, we are again applying the polarity principle and using prior resistance as the new support level. We see that $166 has proven a key support level (the top black horizontal line) ever since that post-earnings breakout. Nvidia Potential entry points: $120, $110, and $100 Just below Tuesday's close, around $120, that's a battleground level (the top black horizontal line).
Persons: It's, we've, We're, it's, Jim Cramer's, Jim Cramer, Jim Organizations: Apple, Nvidia, Microsoft, Amazon, Big Tech, Club, Apple Intelligence, Developers, CNBC, NVIDIA, Publishing, Getty Locations: HANGZHOU, CHINA, Hangzhou city, Zhejiang province, China
Travel experts told Business Insider they had noticed an uptick in clients opting for luxury air travel experiences, from private jets to first-class and premium-class plane tickets. Oliver Bell, cofounder of luxury travel company Oliver's Travels, said this trend could be partly attributed to "revenge travel," where people are "willing to spend more for incredible experiences" in the aftermath of the pandemic. AdvertisementBut you don't have to be flushed with cash to experience luxury air travel. "A lot of people assume that flying private is only for the rich and famous, the Elon Musk's of the world," Bell said. For example, Surf Air is an LA-based private jet company that offers unlimited private flying memberships for $295 per month or $3,540 annually.
Persons: , Oliver Bell, Bell, Elon, BI's Alesandra Dubin, Dubin, David Guthrie, it's, George Rose, Martina Coogan, Coogan, Guthrie Organizations: Service, Business, Forbes, Airlines, KLM, United, United Airlines, Delta's Locations: West Coast and Texas, LA, Vegas, Delta, Ireland
AdvertisementIn 2021 — the year that the family was featured in the 16th season of "RHOC" — Max's then 14-year-old younger sister, Katerina (known as Kat), came out as a lesbian. The star told BI she asked the teen if she was OK with the exchange being aired on TV. He's in middle school, and he's got enough to deal with," she told BI. "You just have to create a safe and comfortable environment for them and just let them know that you care," she told BI. As for her own parents, Dubrow told BI that she "came from a very 1950s family," and matters like sex were pushed under the rug.
Persons: , Heather Dubrow, Maximilla, Max, I'd, Max's, Katerina, Kat, she'd, Dubrow, Lauren Miller, Nicholas, misgendering, Terry Dubrow, he's Organizations: Service, Housewives, Business, Instagram Locations: Orange County
Amazon's Prime Video engagement is at 80%, boosting its standing against Netflix. Evercore ISI data suggests Prime Video's user satisfaction and viewership are on the rise. AdvertisementAmazon has been trying to break into TV for close to three decades, starting with the launch of Prime Video in 2006 and Amazon Studios, now Amazon MGM Studios, in 2010. A new Evercore ISI survey of 1,100 Amazon users showed that the share of users who watch Prime Video is a "consistently high" 80%. This year, 50% of Prime Video watchers surveyed said they're watching more than before, an uptick from 38% in 2023.
Persons: Organizations: Netflix, Amazon, Service, Amazon Studios, Amazon MGM Studios, ISI, Business
Support from North Korea — in the form of weapons and ammunition — helps Russia keep up the pressure. KCNA via REUTERSOne of the biggest asks from Kim could be technology for nuclear-powered submarines, which North Korea is trying to build. North Korea currently maintains one of the world's largest fleets, with estimates ranging from 64 to 86 total subs. Much of the country's stockpiles date back decades, and US and South Korean officials have raised doubts about the effectiveness of these weapons. AdvertisementBut how this plays out is not all about what North Korea wants.
Persons: , Kim Jong, Kim, Putin, Victor Cha, Kim Jae, Getty Images Putin, Cha, JUNG YEON, Kurt Campbell, There's, Scott Snyder, he's Organizations: Service, Business, Center for Strategic, International Studies, East, SOUTH, Getty Images, North Korea —, KCNA, REUTERS, Korean, Fighter, Korean People's Army, Reuters, Korea's Air Force, North, CSIS, Korea Economic Institute of America Locations: Korea, Ukraine, Moscow, Pyongyang, Russia, Asia, East Asia, North Korea, SEOUL, SOUTH KOREA, Yongsan, Seoul, Russian, South Korea
Learn moreA little over a week after the NBA Finals concluded, the NBA Draft is here in preparation for next season. Below, we've compiled everything you need to know about where to watch the NBA Draft, including US and UK options. Keep reading to learn how to tune in live to the NBA Draft, whether you have cable or want to live stream the event. Where to watch the NBA Draft in the USThe NBA Draft is spread across two days: Wednesday and Thursday. How to watch the NBA Draft from anywhereIf you are traveling away from home during the NBA Draft, you can keep up with your subscriptions using a VPN.
Persons: Donovan Clingan, Purdue Center Zach Edey, Zaccharie Risacher, Alex Sarr, LeBron James, Bronny James, There's, ExpressVPN Organizations: Business, NBA, US, Barclays Center, Atlanta Hawks, UConn, Purdue Center, Los Angeles Lakers, ABC, ESPN, MLB, NHL, NFL, UFC, Hulu, Disney Plus, Sling, ESPN2, ESPN3, Sky Sports Locations: Brooklyn, Manhattan
President Joe Biden needs his debate gamble to pay off. Biden, who's viewed his life as one shaped by fate, decided to upend his reelection campaign by scheduling the earliest major presidential debate ever. Related storiesThe Times reported that Biden's team hopes the debate will jolt Americans into paying more attention to the race. PRESIDENT TRUMP: I've been preparing for this debate for my whole life. pic.twitter.com/nV3kQXGg3u — Trump War Room (@TrumpWarRoom) June 26, 2024Americans aren't surrounded by the crush of Trump news like they once were.
Persons: Joe Biden, Biden, who's, Donald Trump, There's, Trump, RealClearPolitics, he'll, Obama, David, I'm, Corey Lewandowski, TRUMP, I've, , nudging Trump, Trump's, Jake Tapper, Dana Bash, would've, Bobby Knight, We’re, ” Trump, Karoline Leavitt, Kasie Hunt, Leavitt, Mike Sington, there's Organizations: Service, strongarm Fox, The New York Times, Business, Trump, Times, Studies, CNN, — Trump, Republicans, GOP, MLB Locations: Michigan, Wisconsin, Pennsylvania, Afghanistan
Trump's vows to carry out a major deportation campaign is a stagflationary threat, Adam Posen told Bloomberg TV. Adding to inflation risk are also Trump's trade proposals, as he pledges to lift tariffs. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDonald Trump's vow to initiate the country's biggest deportation campaign is a massive stagflationary hazard, risking an economic downturn amid even tighter monetary policy, one think-tank economist said. At the same time, he's also pledged to deport all undocumented workers from the US, which total 7.5 million people, Posen said.
Persons: Trump's, Adam Posen, , Donald Trump's, Trump, he's Organizations: Bloomberg TV, Service, Republican, Peterson, Business Locations: Posen
AIPAC is not the only reason Jamaal Bowman lost
  + stars: | 2024-06-26 | by ( Bryan Metzger | ) www.businessinsider.com   time to read: +10 min
Read previewRep. Jamaal Bowman was roundly defeated in the Democratic primary for New York's 16th congressional district on Tuesday, making him the first member of the progressive "Squad" to lose reelection. AIPAC spent over $17 million on Bowman's primary. On the ground, AIPAC's offensive translated into TV ads attacking Bowman and praising Latimer, as well as a deluge of mailers at residents' doors. Congressman Jamaal Bowman won both primaries, upsetting former Congressman Eliot Engel in 2020, and beating two Westchester County legislators in 2022. Months before AIPAC began dropping millions of dollars on the race, polling already showed Bowman struggling against Latimer.
Persons: , Jamaal Bowman, George Latimer, Latimer, Bowman, Israel —, Israel, Maxine Dexter, Susheela Jayapal, Harry Dunn, AIPAC hadn't, Sen, Sarah Elfreth, Dunn, Dave Min, Summer Lee, Lee, Eliot Engel, , IOPvbEwSZe — Daniel Marans, Rashida Tlaib, Spencer Platt, Bowman's, Cori Bush Organizations: Service, Democratic, New, Westchester, Business, American Israel Public Affairs Committee, Israel, Democratic Party, AIPAC, Republican, Law, PAC, Responsive, Capitol Police, California House, Squad, Rep, Teach Coalition, of Justice, Capitol, West Bank, Democrats Locations: Westchester County, Gaza, Oregon's, California, Israel, Pennsylvania, Westchester, Dearborn , Michigan, Detroit, Dearborn, New York, Missouri
Spencer Milligan, ‘Land of the Lost’ star, dead at 86
  + stars: | 2024-06-26 | by ( Jack Guy | ) edition.cnn.com   time to read: +1 min
CNN —Actor Spencer Milligan, best known for playing Rick Marshall in 1970s kids’ TV show “Land of the Lost,” has died at age 86. Milligan was born September 10, 1937, in Oak Park, Illinois, and died on April 18, according an obituary posted on the website of a funeral home in Sturgeon Bay, Wisconsin, where he lived. It was during this period that he played his most famous role, appearing in 30 episodes of “Land of the Lost” from 1974 to 1975. Wesley Eure as Will Marshall (left), Kathy Coleman as Holly Marshall (second-left), Philip Paley as Cha-Ka (second-right) and Spencer Milligan as Rick Marshall in "Land of the Lost." Milligan’s “Land of the Lost” co-stars Eure and Coleman paid tribute to their friend in a video posted on Facebook.
Persons: Spencer Milligan, Rick Marshall, , Milligan, Wesley Eure, Will Marshall, Kathy Coleman, Holly Marshall, Philip Paley, Cha, Ron Tom, Dukes, Hazzard ”, Kerry, Eure, Coleman, Organizations: CNN, , Bank, Getty, “ Police, Facebook Locations: Oak Park , Illinois, Sturgeon Bay , Wisconsin, Illinois, California, Lake Michigan, , Eure
But media companies such as Netflix, Disney and Warner Bros. Those competing truths have led media and entertainment companies to concoct a wide array of strategies to combat the growing threat. John Lamparski | Getty ImagesEarlier this year, YouTube Chief Executive Officer Neal Mohan announced that users watch more than 1 billion hours of YouTube content on TV screens each day. Disney has made bespoke YouTube content for its new preschool series "Disney Junior's Ariel," which debuts June 27, to introduce the mermaid character to kids. That's YouTube 2.0."
Persons: Rich Greenfield, it's, Tara Walpert Levy, Nielsen, John Lamparski, Neal Mohan, Michael Nathanson, Kevin Mayer, Disney, Brittany Broski, LightShed's Greenfield, isn't, John Keeble, Mayer, That's, Ariel, Winnie, " Mayer, NBCUniversal, NBCUniversal's, Nathanson, MrBeast, Jimmy Donaldson, Monica Schipper, we've, Broski, David Livingston, incentivizes, Michelle Khare, Gilbert Flores Organizations: Alphabet's YouTube, Hollywood, YouTube, it's, Netflix, Disney, Warner Bros, Getty, Google, Comcast, Media, ExCel, Entertainment, Bloomberg, Amazon, Nickelodeon, HBO, Penske Media Locations: U.S, , York, Hollywood, London, That's, Los Angeles, Brittany, Anaheim , California, AdSense
How to watch South Africa vs. Afghanistan in the USThe South Africa vs. Afghanistan game will stream on Wednesday at 8:30 p.m. Check price at FuboHow to watch South Africa vs. Afghanistan in the UKThe South Africa vs. Afghanistan game is available on Sky Sports in the UK, which viewers can live stream through Sky's Now TV. How to watch South Africa vs. Afghanistan in AustraliaThe South Africa vs. Afghanistan game will live stream through Prime Video in Australia, where subscriptions start at just $9.99 a month. How to watch South Africa vs. Afghanistan in IndiaThe South Africa vs. Afghanistan game will be available to live stream for free through the Disney+ Hotstar mobile app in India. How to watch South Africa vs. Afghanistan in South AfricaThe South Africa vs. Afghanistan game will be available on DStv in South Africa, where you can live stream it through the cricket-focused Sports channel.
Persons: South Africa hasn't, Sling's Desi, Fubo, Willow, ExpressVPN Organizations: Business, ICC, England, West Indies, tomorrow's, Willow, Sling, Sky Sports, Disney, Cricket, rec Locations: South Africa, Afghanistan, India, Australia, Bangladesh, Africa, tomorrow's India
CNN —The Almighty won’t be standing on stage alongside Joe Biden on Thursday night. Biden’s campaign laid the groundwork for the Atlanta showdown hosted by CNN in a weekend memo. If Trump rants and vents his 2020 election lies on Thursday, he will play into Biden’s hands. That could avoid the mayhem of the first Trump v. Biden debate in 2020. His campaign has spent days trying to roll back his expectations of Biden as a doddering, elderly president who can’t string two words together.
Persons: Joe Biden, Donald Trump, , ‘ Joey, don’t, Trump, , zealots, Biden, Michael Tyler, Mitch Landrieu, Kayla Tausche, it’s, George W, Democrat John Kerry’s, Barack Obama’s, Mitt Romney, Cronkite, TikTok, he’s, — they’ve, Karl Rove, Trump can’t, shouldn’t, Kristi Noem, Trumpian, Jason Miller, ” Miller, Massachusetts Sen, Elizabeth Warren, ” Warren, they’ll, he’ll Organizations: CNN, Atlanta, ” Biden, Trump, Democrat, GOP, White, Capitol, Voters, Biden, . South Dakota Gov, NBC, Union, Massachusetts Locations: Democrat John Kerry’s Vietnam, Washington, New York, ., Atlanta, State, Wisconsin
Read previewThe actor who played Blood in "House of the Dragon" season two broke down how the gruesome first episode was filmed in an interview with Business Insider. The child actors on the "House of the Dragon" set weren't involved in the killingMark Stobbart as Cheese and Sam C. Wilson as Blood in "House of the Dragon" season two. AdvertisementDon't worry, they didn't actually kick the dogBobby the dog in "House of the Dragon." HBOWilson and Stobbart were somewhat upstaged by the cute canine costar who accompanies Blood and Cheese on their mission. AdvertisementBlood's death in episode two was nearly much more gruesomeSam C. Wilson as Blood in "House of the Dragon."
Persons: , Daemon Targaryen, Matt Smith, Sam C, Wilson, Stobbart, Prince Aemond Targaryen, Ewan Mitchell, Helaena, Phia Saban, Mark Stobbart, Ollie Upton, It's, Bobby, HBO Wilson, Cheese, didn't, Tom Glynn, Carney, I'd, Kit Harington, Richard Madden, Emilia Clarke, Bella Ramsey, Orlando Bloom, Sean Bean, Paddy Considine, There's Organizations: Service, Business, HBO, King Aegon, Aegon
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Apple shares jumped 2% Wednesday after Rosenblatt Securities upgraded the iPhone maker to a buy rating from hold. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Cantor Fitzgerald, Jim, Tim Cook, Morgan Stanley, Wells, Jefferies, Jim Cramer's Organizations: CNBC, Nasdaq, Big Tech, Apple, Nvidia, Rosenblatt Securities, Federal Locations: Wells Fargo
Vehicles parked at Kenya’s Supreme Court have been set on fire, CNN’s affiliate Citizen TV Kenya reported Tuesday. The Supreme Court building is close to Nairobi’s City Hall, which was set on fire Tuesday. Meanwhile, the dining area of the Kenyan Parliament is in disarray after protesters entered the premises Tuesday, video by CNN affiliate NTV shows. According to NTV, some members of parliament were having lunch in the dining area when protesters entered the parliament. A television in a room leading from the dining area was smashed, and flags were seen on the floor elsewhere in the parliament.
Organizations: CNN’s, Citizen TV Kenya, City, Kenyan, CNN, NTV
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer argued that the market's been too focused on the AI darling. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Jim, Eli Lilly, Novo Nordisk's Wegovy, Mounjaro, Ozempic, Jim Cramer's Organizations: CNBC, Nasdaq, Nvidia, DuPont, Bloomberg, Novo Nordisk's, Club Locations: China, LLY
Disney picked up an endorsement from a top Wall Street firm — but Jim Cramer said the analysts' reasons to buy are not enough to drive the stock higher. Goldman Sachs initiated coverage of Disney with a buy rating and $125-per-share price target, implying more than 22% upside from where the stock closed Monday. In addition to recommending Disney, analysts started coverage of Fox and Comcast , the parent company of CNBC, with buy ratings. The firm sees Disney as the best-positioned rival to streaming leader Netflix and predicted steady progress on profitability ahead. A sign welcomes visitors near an entrance to Walt Disney World on February 01, 2024, in Orlando, Florida.
Persons: Jim Cramer, Goldman Sachs, Jim, Goldman, Nelson Peltz's, we're, Bob Iger's, We're, hasn't, Jim Cramer's, Joe Raedle Organizations: Disney, ESPN, , Fox, Comcast, CNBC, Hulu, Sports, Entertainment, Netflix, Walt Disney World, Getty Locations: Orlando , Florida
A weakening jobs market could trigger a 10% stock correction, says Morgan Stanley CIO Mike Wilson. He told Bloomberg that if non-farm payrolls fall under 100,000, it could break the soft-landing narrative. AdvertisementThe job market could make or break stocks, with any sudden weakness possibly triggering a meaningful correction, Morgan Stanley CIO Mike Wilson told Bloomberg TV. Mike Wilson said. For this reason, current market highs make sense, he told Bloomberg, as investors load in on quality on growth trades.
Persons: Morgan Stanley, Mike Wilson, Wilson, Organizations: Bloomberg, Treasury, Service, Federal Reserve
After three sessions of heavy rotation out of tech and AI winners and into other areas of the market, the market has shifted back to tech and momentum leaders. So when cracks are forming in other areas of the market, investors quickly return to where the growth is the strongest: tech. Stress tests: With the annual bank stress test results due out Wednesday after the bell, Jefferies took a look at how bank stocks have fared since 2021 immediately following the release. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. The new Ford F-150 truck goes through the assembly line at the Ford Dearborn Plant on April 11, 2024 in Dearborn, Michigan.
Persons: Jim Cramer, John Rainey, Cramer, Ford, Jefferies, Wells Fargo, General Mills, — Morgan Chittum, Jim Cramer's, Jim, Bill Pugliano Organizations: CNBC, Corp, Supply, Pool Corp, Walmart, Union Pacific, Micron, Nvidia, Federal Reserve, Jefferies, FedEx, United States Postal Service, Jim Cramer's Charitable, Ford, Ford Dearborn Plant, Getty Locations: London, Dearborn , Michigan
CNN —Snoop Dogg is used to recording tracks, not racing on them. But that didn’t stop the legendary rapper from putting on quite the show at the US Olympic athletics trials in Eugene, Oregon on Monday. Snoop was unsurprisingly smoked by his competition in the exhibition race at Hayward Field, finishing a distant third, but he still posted a very respectable time of 34.44 seconds. “Oh he’s jumping on top of the hurdle,” Snoop said in disbelief. “This wknd was fun … much respect to all tha world class athletes … see yall in Paris,” posted Snoop on his X account.
Persons: Snoop, NBA Hall of Famer Kobe Bryant, Snoop Dogg, Wallace Spearmon, , Christian Petersen, Mike Tirico, Sha’Carri Richardson, Noah Lyles Organizations: CNN, Olympic, NBA Hall of Famer, Trinidadian, Hayward Field, Getty, Olympics, NBC Locations: Eugene , Oregon, Paris
According to South Korean news agency Yonhap, an estimated 2,000 garbage balloons have been sent over so far. The responding deluge of balloons from North Korea, some carrying manure and used toilet paper, seems to have emboldened the activists. AdvertisementWith the activists appearing to ignore that condition, North Korea's balloon launches resumed. Seoul's military chiefs told South Korean news agency Yonhap that the contents of the latest balloon-lifted bags weren't toxic. North Korea, for its part, has threatened in the past to destroy the speakers with military strikes.
Persons: , They've, Kim Kang, ED JONES, Park, Kim Jong, Mickey Mouse, Kitty, Pooh, KIM HONG Organizations: Service, South, Business, North, South Korean, Free North Korea Movement, Seoul Shimbun, North Korean, Getty Images, Korean Herald, Korean Unification Ministry South Korean, Police, Samsung, Reuters, JI, Getty, KBS, Associated Press, Inter, Korean Locations: Korea, Seoul, Pyongyang, South Korean, North Korean, South Korea, North Korea, Ganghwa, Kitty, Korean, Kaesong, Paju
IOWN Global Forum is a global group aiming to develop technical standards for all-photonics networks. "Mobile traffic is growing more and more every day," Katsuhiko Kawazoe, chair of the IOWN Global Forum, told CNBC via email. "Data centers are becoming bigger and bigger, and hyperscale data centers are a struggle for societies' carbon reductions," Kawashima said. "To deploy antennas, we need optical fiber to connect antennas to radio data centers," Kawashima explained. For now, the IOWN Global Forum is working toward achieving its main goals by 2030.
Persons: , Kawazoe, Gonzalo Camarillo, OpenAI's, Kawashima, Banks, NTT's Kawashima Organizations: Getty, Microsoft, Google, Intel, Sony, IOWN, photonics, NTT, Ericsson, Nokia, SK Hynix, CNBC, IOWN Global, NTT Corporation, Mitsubishi, Netflix, Amazon, 5G
Learn moreWe don't have long left to wait for this year's summer sales bonanza, as Bezos and the gang have just confirmed the Amazon Prime Day deals event for July 16 and 17. As the name suggests, the Prime Day deals will be exclusively available to members of Amazon Prime. Prime Day deals starting alreadyAmazon has set up an early landing page for various early Prime Day deals promotions. We'll update our roundup of the best early Prime Day deals as the event approaches in mid-July. We're talking about discounted MacBooks and Airpods for Apple Prime Day deals.
Persons: We've, Dyson, we'd, you've Organizations: Business, Amazon Prime, Black, Apple Prime, Day
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