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According to data from Zillow, 30-year mortgage rates are currently 6.55%, and 15-year mortgage rates are currently 5.96%. Mortgage rates could decrease more dramatically if the Fed decides to cut rates. See more mortgage rates on Zillow Real Estate on ZillowToday's refinance ratesMortgage type Average rate today This information has been provided by Zillow. Sky high mortgage rates have pushed many hopeful buyers out of the market, slowing homebuying demand and putting downward pressure on home prices. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.

Persons: they've, you'll, Fannie Mae Organizations: Zillow, Mortgage, Association, Sky Locations: Zillow, Chevron

☆ Jensen Huang's Nvidia sure hopes the AI bubble doesn't burst anytime soon
▼ + stars: | 2024-06-22 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

AdvertisementHowever, Nvidia's run faces one big risk: it depends on the generative AI boom lasting. Though tech giants, including Apple, Google, Meta, and Microsoft, now appear to have made generative AI their priority, there appears to be awareness of the technology's weaknesses. Google, for instance, was forced to apologize earlier this year after its generative AI image generator created historically incorrect images in response to user requests. For now, though, the industry seems intent on moving ahead with LLM-enabled generative AI. That should keep Nvidia in the race with Microsoft and Apple to a $4 trillion valuation.

Persons: —, Jensen Huang, they've, Dan Ives, Huang, Tim Cook, Yann LeCun Organizations: Service, Nvidia, Microsoft, Apple, Business, Meta, Google, Blackwell, Apple Intelligence, Financial Locations: Taipei

☆ SIRO, One Za’abeel: Dubai’s ‘first fitness hotel’ is taking wellness tech to the next level
▼ + stars: | 2024-06-21 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +8 min

“The industry is evolving,” says Desmond Cawley, hotel manager at SIRO, One Za’abeel. This kind of light therapy treatment has its roots in NASA’s experimentation with red light therapy in the 1990s to boost plant growth in space and help heal wounds in astronauts. Rebecca Cairns/CNNEven at SIRO, with all its cutting-edge tech, Cawley has observed a surge of interest in mindfulness activities like meditation. Of course, at SIRO, there’s even a high-tech alternative to this: “vibroacoustic therapy,” the sci-fi equivalent of a gong bath. Tech to help you disconnect might seem excessive, but for SIRO, the integration of health data is the future of wellness, providing guests with a data-driven, personalized wellness program.

Persons: ”, Desmond Cawley, SIRO, Dubai’s, Adam Peaty, Ramla Ali, Cawley, it’s, Rebecca Cairns, Boka, “, Beth McGroarty, that’s, ” McGroarty, SIRO isn’t, McGroarty, —, there’s Organizations: CNN, AC Milan football, Kerzner, Global Wellness Institute, bros, Equinox Locations: Dubai, Montenegro, New York City, SIRO, Cryotherapy

☆ Apple stock gets fresh upgrades pointing to 14% upside as it becomes a leader in the AI race
▼ + stars: | 2024-06-21 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The research firms both raised their Apple price target to $240, representing potential upside of 14%. Both CFRA and Bernstein increased their Apple price target to $240 per share on Friday. According to CFRA analyst Angelo Zino, who previously had a $210 price target, Apple is poised to turn the iPhone into "the ultimate personal assistant." "We expect Apple Intelligence (AI) to help support incremental consumer upgrades, driven by loyalists and an aging installed base, with AI being more evolutionary than cyclical that will aid multiple years of growth," Zino said. Bernstein bases its $240 price target on fiscal year 2025 earnings per share of $8.00 and a historically high multiple of 30x earnings.

Persons: Apple, CFRA, Bernstein, —, Angelo Zino, turbocharges Siri, Zino, Toni Sacconaghi, Sacconaghi Organizations: Service, Apple, Apple Intelligence, Apple Stock Locations: WWDC

☆ How Gen-Z buyers are changing the bridal fashion business
▼ + stars: | 2024-06-21 | by ( Yola Mzizi | ) edition.cnn.com time to read: +9 min

A bridal look from Collina Strada, presented at New York Fashion Week in September 2022. Aurora Rose/ShutterstockA bridal look from Sandy Liang, presented at New York Fashion Week in February 2023. Avalon/dpa/picture alliance/Sipa USAMillennial and Gen-Z brides-to-be like de Quesada are no longer shopping for just a wedding dress, but an entire wardrobe for pre- and post-wedding events. That breadth is propelling the global bridal wear market, which is projected to grow at a rate of 3.5 percent annually and is expected to reach $83.5 billion by 2030, according to the Global Bridal Wear Market Industry report. Efren Landaos/Sipa USAFor an emerging designer like Wiederhoeft, bridal is something of a safety net, serving as “a floating line of credit” for the rest of their business.

Persons: —, Christyne de Quesada, ” de Quesada, “, ShuShu Tong, Vera Wang, Gabriella Arango, Gucci, Collina Strada, Aurora Rose, Sandy Liang, de Quesada, it’s, ”, Caroline Crawford Patterson, Dua Lipa, Simon Porte Jacquemus, Marco Maestri, Arnold Jerocki, Crawford Patterson, Anthropologie, It’s, Jackson Wiederhoeft, Wiederhoeft, “ It’s, Efren, Millennials, Hillary Taymour, Taymour, JP Yim, Andrew Kwon's, Rodin, Andrew Kwon, Kwon, Brigitte Chartrand Organizations: The, Fashion, CNN, New York, Avalon, Cion Investment Corp, Abercrombie, Fitch, Census Bureau, Pew Research Center, Designers, ” Retailers, Ssense Locations: Venice, Italy, Mexico City, Miami, Shanghai, Florida, Dua, Charleval, France, New York, New, New York City, “, Ssense

☆ If you’re grabbing tax-free income from this asset, you may be sacrificing yield
▼ + stars: | 2024-06-21 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

Though municipal bonds generally offer income that's free of federal income taxes – and state taxes if the investor resides in the issuing state – they also come with lower yields compared to other bonds. When it comes to muni bonds, the higher your tax bracket, the more valuable the tax-free income is. A tax-conscious approach to fixed income You don't have to bulk up on municipal bonds to get the best yield for your tax scenario. Municipal bonds are good contenders in taxable brokerage accounts, where investors can benefit from their tax-free income. Some fund families offer "tax-aware strategies" either in mutual funds or ETFs, which can include some exposure to municipal bonds, as well as equities.

Persons: Wells Fargo, aren't, Nisha Patel, That's, Collin Martin, Michael Carbone, it's, Beth Foos Organizations: Wells, Wells Fargo Investment Institute, Federal Reserve, SEC, Bond, Corporate Bond, York Life Investments, Schwab Center, Financial Research, Morningstar Locations: Wells Fargo, Chelmsford , Massachusetts

☆ Same-sex behavior among animals is being underreported, study finds
▼ + stars: | 2024-06-21 | by ( Rosa Rahimi | ) edition.cnn.com time to read: +5 min

CNN —Same-sex sexual behavior has been observed in more than 1,500 animal species, but a new study has found that it is massively underreported by researchers. Observations of this same-sex behavior in animals, such as sexual mounting and genital touching, date back to the 1700s and 1800s. In a study published Thursday in the journal PLOSOne, a team of researchers at the University of Toronto, Northwestern University and the University of Warsaw found that experts who study animal behavior are underreporting and rarely publishing their observations of same-sex sexual behavior. The study surveyed 65 experts and found that 77% of them observed same-sex sexual behaviors in the species they studied. Davis added that there have been other obstacles that get in the way of documenting same-sex behaviors among animals.

Persons: –, ” Karyn Anderson, “, Anderson, cuddle, David Hecker, Josh Davis, it’s, ”, Davis Organizations: CNN, University of Toronto, Northwestern University, University of Warsaw, Bremerhaven Zoo, DDP, Getty Locations: Bremerhaven, Swedish, London, esculentus, Luisenpark, Germany

☆ Bitcoin's recent weakness signals an imminent S&P 500 correction, according to Stifel
▼ + stars: | 2024-06-21 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Bitcoin's recent weakness could be signaling an upcoming correction in stocks, according to Stifel's chief equity analyst Barry Bannister. On Thursday, the S & P 500 briefly touched 5,500 for the first time after notching its most recent record close earlier in the week. "Weakening bitcoin … signals an imminent S & P 500 summer correction and consolidation phase," he said. "With the S & P 500 now at the very high end (2 sigma) of bitcoin post-peak cycle overlays since 2011, we have yet another strong signal that an imminent S & P 500 correction is possible." "Past bubbles since the 19th century indicate the S & P 500 could well rise to ~6,000 at year-end 2024 and then round trip to near where 2024 began five quarters later, by ~1Q26 (S & P 500 ~4,800)."

Persons: Barry Bannister, Bitcoin, Bannister, CNBC's, it's, Stifel Organizations: Nvidia, Nasdaq

☆ ‘It’s frightening:’ How social media distorts the truth about sun exposure
▼ + stars: | 2024-06-21 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +9 min

“Stop wearing sunscreen,” says a TikTok influencer with 1.6 million followers and 36 million likes. “The sun does not cause skin cancer,” insists a TikTok pundit with 76,000 followers in a post that has been bookmarked nearly 4,000 times. “Vitamin D can still be generated when you’re wearing sunscreen,” Andrews said. “Since sunscreen came out, the rise of skin cancer has only gone up and up,” says one TikTok influencer. So the driving force is exposure years and years ago, not the increased use of sunscreen today.”Many social media posters use a nugget of truth and then twist it, experts say.

Persons: ”, I’ll, It’s, Kathleen Suozzi, “ It’s, ” Suozzi, “ You’ll, you’ll, Gen, David Andrews, ” Andrews, today’s, Kelly Olino, we’d, ’, Connie Chen, CNN That’s, ” Olino, “, Suozzi, Andrews, overexposure, it’s, dermatologists, That’s, influencer, you’d, ” EWG’s Andrews Organizations: CNN, Skin Cancer Foundation, Yale School of Medicine, US Centers for Disease Control, Environmental, Yale Cancer Center, Social Locations: New Haven , Connecticut, melanomas

☆ Surging government red ink spurs economists' worries over a prolonged recession and market trouble
▼ + stars: | 2024-06-21 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

Burgeoning debt and deficits are threatening to make the next recession deeper while tying the hands of policymakers, according to two leading economists. The Congressional Budget Office this week revised its estimates to paint an even bleaker version of the U.S. financial picture. Teetering on trouble In fact, Rosenberg thinks the economy already is nearing or in the early stages of recession. "With budget deficits historically high relative to an economy operating at full employment, the government could be facing double-digit budget deficits when the next downturn hits." While equity markets have largely shrugged off worries over the fiscal situation, LaVorgna and Rosenberg both insist that bond investors should pay attention.

Persons: David Rosenberg, Rosenberg, Teetering, Janet Yellen, Joseph LaVorgna, Donald Trump, LaVorgna Organizations: Congressional, Rosenberg Research, Federal, CBO, CNBC, White House, Nikko Securities, National Economic Council Locations: U.S

☆ The unemployment rate hit 4% for the first time in 2 years. Here's why economists say you shouldn't worry
▼ + stars: | 2024-06-21 | by ( Genna Contino | ) www.cnbc.com time to read: +1 min

The unemployment rate, which has remained low for two years, has been inching higher in the first half of the year, according to data from the Bureau of Labor Statistics. For the first time since January 2022, the unemployment rate ticked to 4.0% last month, up from 3.9% in April. Even though the employment rate has reached the highest it has been in a couple of years, 4% is still historically low, experts point out. Economists say people shouldn't be too concerned because both the number of jobs and the size of the labor force are growing. May's unemployment rate was impacted heavily by people, particularly those who are between 20 and 24 years old, entering and reentering the workforce, according to Moody's Analytics head labor economist Marisa DiNatale.

Persons: Marisa DiNatale, DiNatale Organizations: Bureau of Labor Statistics, Google

☆ This fertility clinic is trying to democratize IVF, just as some groups are condemning it
▼ + stars: | 2024-06-21 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

New York CNN —Since February, when Alabama’s Supreme Court declared frozen embryos are legally considered children, fertility clinics around the country have been weighing the implications of a political movement that’s suddenly turned hostile toward IVF. It could also threaten growth in the booming IVF market, which last year brought in an estimated $8 billion in revenue. IVF also took center stage last week at the Southern Baptist Convention, where church leaders effectively condemned the practice. I have never seen any religious or government guardrail ever stop fertility patients. I’m a former fertility patient, and no one was going to tell me no — I was going to do whatever it took to have the family I always dreamed about.

Persons: that’s, Nightcap, Gina Bartasi, It’s, I’m, Kindbody, Gina Bartasi Kindbody, —, who’s Organizations: New, New York CNN, Alabama, Southern Baptist Convention, Progyny, Southern Baptists, United, Aetna, Blues, Bloomberg Locations: New York, America, Alabama, Cigna, Manhattan

☆ Calls for accountability grow over October 7 failures, but Israel’s leadership is unlikely to act
▼ + stars: | 2024-06-20 | by ( Oren Liebermann | ) edition.cnn.com time to read: +9 min

On Monday, Israel’s public broadcaster, Kan 11, added to the growing mountain of evidence that the country’s leadership could have – or, at the very least, should have – known an attack was possible. In December, State Comptroller Matanyahu Englman announced he would open an investigation into intelligence failures before the October 7 Hamas attack. Historically, Israel has had a public inquiry roughly every two years, he says, but not under its present and longest-serving leader. The most likely means of understanding the failures of October 7 was by dissecting it into smaller and more manageable issues, he said, like separating intelligence failures from those of operational doctrine. Major General Aharon Haliva, who was the commander of the IDF’s military intelligence, quietly announced in April that he would be stepping down.

Persons: Benjamin Netanyahu, “, it’s, Netanyahu, Israel, Kan, Eyad Baba, ’, Matanyahu Englman, Englman, Raanan Sulitzeanu, Kenan, ” Sulitzeanu, ”, Sulitzeanu, Stringer, Yossi Fuchs, Yohanan Plesner, ” Plesner, I’m, Plesner, CNN’s Dana Bash, Aharon Haliva, Haliva, Avi Rosenfeld, Staff Gadi Eisenkot, Shin, ” Eisenkot Organizations: CNN, “, Israel Defense Forces, Israeli Special Forces, Getty, New York Times, Office, IDF, Israel’s, Hebrew University, International Court of Justice, Israel Democracy Institute, Brig, Staff, Southern Command, Military Intelligence Directorate, Defense, Israel’s Channel Locations: Israel, foreseeing, Gaza, AFP, Jerusalem, Lebanese, Jebbain, Gali Baharav, Gaza ., “

☆ Mark Rutte, next NATO secretary general, after Romania drops long-held objection
▼ + stars: | 2024-06-20 | by ( Luke Mcgee | ) edition.cnn.com time to read: +3 min

CNN —Mark Rutte, the outgoing prime minister of the Netherlands, is now set to become the next NATO secretary general. Rutte will inherit a NATO that is racing to bolster its own security while also supporting Ukraine’s defense against Russia’s invasion. Over time its position has evolved from not sending any tanks to allowing Ukraine to strike inside Russian territory with NATO weapons. Rutte must also oversee NATO’s radical upgrade in defense and security capabilities. NATO allies are aware that Trump has historically criticized NATO allies for not spending enough money on their own security and relying on America.

Persons: Mark Rutte, Klaus Iohannis, Iohannis, Jens Stoltenberg, Rutte, Donald Trump, Trump, Vladimir Putin Organizations: CNN, NATO, Kyiv Locations: Netherlands, Romania, Romanian, Moscow, Ukraine, Sochi, Crimea, United States, America, Sweden, Finland

☆ Be careful what you wish for: The S&P 500 typically falls after the first rate cut
▼ + stars: | 2024-06-20 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

On average, the S & P 500 is usually up 2% 65 days before the first cut from the central bank following a hiking cycle, according to data from Strategas. But it's usually down by 1.5% 65 days after that initial rate reduction, implying that stocks may not be off to the races after the big announcement. In 1974, for example, the S & P 500 was down more than 8% in the 65 days prior and off by more than 25% in the same period following the cut. But in 1989, the broad index was up more than 12% in the 65 days preceding the rate reduction and still higher by more than 9% in the period after. Fed funds futures indicate a chance of at least one rate cut as early as September, with the potential for a second at the last meeting of the year in December, according to CMEGroup's FedWatch tool .

Persons: Ryan Grabinski, Chris Zaccarelli, Grabinski Organizations: Federal Reserve, Fed, Independent

☆ CNBC's Inside India newsletter: India Inc might not even need a Fed rate cut — but it wants one
▼ + stars: | 2024-06-20 | by ( Ganesh Rao | ) www.cnbc.com time to read: +7 min

The big storyEmerging markets have been on tenterhooks for the better part of this year as the Federal Reserve has been dangling the prospect of an interest rate cut. Historically, as U.S. interest rates fall, the allure of the mighty dollar fades to the benefit of other currencies. Indeed, unlike most developed economies, India's interest rate regime in 2024 isn't any different from that of 2018. There lies the disconnect between the economy, the stock market, and a single stock. Non-bank lender Akme Fintrade India and engineering firm DEE Development Engineers will debut on the stock market on Wednesday.

Persons: Sumant Sinha, we've, Sinha, It's, Fitch, Rahul Jain, Goldman Sachs, Jake Sullivan, Modi, Narendra Modi, CNBC's Charmaine Jacob, Raamdeo Agrawal, CNBC's Tanvir Gill, Jain Organizations: Bloomberg, Getty, Federal Reserve, India Inc, Nasdaq, Reserve Bank of, U.S, Societe Generale, Goldman, Clean Energy, CNBC, Motilal Oswal Financial Services, of India, Bangladesh, Australia, DEE Development Engineers Locations: Tuticorin, India, Reserve Bank of India, Japan, Britain, Delhi

☆ AI stock frenzy resembles dot-com bubble and may explode disastrously, experts warn
▼ + stars: | 2024-06-20 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Experts say the AI mania has shades of the dot-com and housing bubbles and could end painfully. AdvertisementExperts say the frenzy around AI stocks resembles the last two major market bubbles — and could end in disaster if investors get spooked. "This is the goofiest and likely most dangerous concentration of overvaluation I've seen in 34 years investing and throughout financial history," Bloomstran said. Some experts have compared Nvidia to Cisco, the network hardware company whose stock ballooned during the dot-com bubble before ultimately crashing. No one can predict if the AI craze will end with a devastating crash like the dot-com and housing bubbles, or usher in a new market regime led by Nvidia and its kin.

Persons: —, Nathan Burks, Adetokunbo Fadahunsi, Ann Marie Hibbert, Burks, Hibbert, Chris Bloomstran, Semper Augustus, I've, Bloomstran, John Chambers, Robert Galbraith, it's Organizations: Service, George Mason University, Big Tech, Nvidia, Microsoft, Cisco, REUTERS, Wall Street Journal Locations: West Virginia

☆ Nvidia stock has 50% upside on the potential boom of its AI-fueled software business, analyst says
▼ + stars: | 2024-06-19 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Nvidia stock still has 50% upside, according to Rosenblatt analyst Hans Mosesmann. That's according to Rosenblatt semiconductor analyst Hans Mosesmann, who increased his Nvidia price target to a street-high $200 per share on Tuesday. But going forward, the real profit story for Nvidia isn't in its hardware-focused GPU business, but rather in its software business, which is spearheaded by Nvidia's popular CUDA platform. Right now, Nvidia's hardware business is going through an unprecedented boom period. Mosesmann's bullishness on Nvidia's software platform was echoed by I/O Fund Tech analyst Beth Kindig last month.

Persons: Rosenblatt, Hans Mosesmann, Mosesmann, —, Hopper, Blackwell, Rubin, Beth Kindig, Kindig Organizations: Nvidia, Service, Rosenblatt, Nvidia isn't, O Fund Tech

In 2023, Texas led the nation in solar installations on its power grid, surpassing California for its second consecutive year. Explosive power demand poses a challenge to the Biden administration's goal of converting the U.S. power grid to 100% clean electricity by 2035. Nextracker is a leading U.S. solar firm, building systems that allow panels to track to the position of the sun, improving the efficiency of solar power plants. Shugar pointed to the massive number of renewable projects in the U.S. seeking connection to the power grid. But as energy demand increases, the value of each additional hour should rise, eventually making longer duration batteries more cost effective, he said.

Persons: Brandon Bell, Andrés Gluski, Joseph Rand, We've, Kelley, Wells, Goldman Sachs, Biden, Ryan Sweezey, Wood Mackenzie, Richard Kinder, Kinder Morgan, Kinder, Amin Nasser, Nasser, Shugar, Lawrence, Lazard, Nextracker's Shugar, Lawrence Berkeley, Amol Phadke, Rand, Sweezey, Reid Ramdathsingh, Ramdathsingh, Fluence, John Zahurancik, Zahurancik, it's, Zahuranick Organizations: Getty, Renewables, Energy Information Administration, Department of Energy, Big Tech, Microsoft, AES Corporation, Google, AES, Meta, UBS, Solar, Lawrence Berkeley National Laboratory, U.S, Tech, North America, DOE, CNBC, University of California Berkeley's Goldman School of Public, Goldman School, Lawrence, Rystad Energy, Siemens Locations: Ector County , Texas, Texas, California, United States, U.S, Wells Fargo, Saudi, Houston, Lawrence Berkeley, Fluence's Americas

JMP Securities reiterated its market outperform rating on CoStar Group, with its price target implying upside of nearly 50%. Canaccord Genuity, meanwhile, raised its price target on Elf Beauty. Elsewhere, JPMorgan raised its price target on Apple to $245 from $225. ET: JPMorgan raises Apple price target Apple's AI announcements could lead to bigger iPhone sales, according to JPMorgan. Analyst Michael Lavery reiterated his overweight rating and $90 price target on shares, which suggests a 50% gain from Monday's close.

Persons: Canaccord Genuity, Goldman Sachs, Alexander Duval, Duval, — Hakyung Kim, Samik Chatterjee, Chatterjee, Fred Imbert, Piper Sandler, Michael Lavery, Lavery, Canaccord, Susan Anderson, Anderson, Nicholas Jones, Jones, monetizing Homes.com, CSGP Organizations: CNBC, JMP Securities, JPMorgan, Apple, Walmart Locations: underperformance . U.S, Monday's, Canada

☆ Nvidia passes Microsoft in market cap to become most valuable public company
▼ + stars: | 2024-06-18 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

Nvidia , long known in the niche gaming community for its graphics chips, is now the most valuable public company in the world. Shares of the chipmaker climbed 3.2% in mid-day trading on Tuesday, lifting the company's market cap to $3.33 trillion, surpassing Microsoft . Earlier this month, Nvidia hit a $3 trillion market cap for the first time, and passed Apple . Founded in 1991, Nvidia spent its first few decades primarily as a hardware company that sold chips for gamers to run 3D titles. Nvidia is a newcomer to the title of most valuable U.S. company.

Persons: It's, Jensen Organizations: Nvidia, Microsoft, Apple, Forbes, Windows, Dow Jones, Dow Locations: OpenAI, U.S

☆ Buy these 8 stocks before a robust rebound for the 'abnormally weak' healthcare sector
▼ + stars: | 2024-06-18 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

The healthcare sector's 7% return this year is less than half of the S&P 500's 14.9% gain. At first glance, the lack of interest in healthcare stocks seems justified, given the group's subpar earnings growth. However, the upcoming earnings rebound for healthcare stocks isn't accounted for in valuations. Fortunately for investors, BMO has done that legwork by highlighting a slew of top healthcare stocks in its US model portfolios. Below are the eight outperform-rated healthcare stocks in BMO's model portfolios, along with the ticker, market capitalization, and group or groups that each is in.

Persons: —, There's, Brian Belski, Belski Organizations: Service, BMO Capital Markets, Business, BMO, Healthcare, BMO doesn't Locations: Montreal

☆ Digital advertisers want 'premium content' — but are in a battle over how to define it
▼ + stars: | 2024-06-18 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +7 min

Read previewPublishers are racing to be known for "premium" content to keep advertising revenue afloat, but there's a swirling debate in the industry over how to define it. AdvertisementFor example, some broadcasters are pitching their streaming content as premium by selling it directly to advertisers without using third-party adtech companies. Broadcasters are gunning for control of streaming ad dollarsAt the same time, TV publishers are angling to define themselves as makers of premium content that appeals to advertisers. Instead of premium content, many advertisers are more concerned with premium audiences who are watching streaming content. Still, Gupta from U of Digital said that broadcasters have the upper hand in deciding what is considered premium content because there is a lack of high-quality content in streaming environments.

Persons: —, Max, Critics, Joe Root, Shiv Gupta, Gupta, Permutive's Root, Digital's Gupta, gunning, Rachel Eckerling Organizations: Service, Business, Hulu, Disney, Google, Trade, Association for National, Jounce Media, ANA, Universal, Broadcasters, Publicis, Precision, CTV, Publishers, Industry, Interactive

☆ These new high yield bond funds are hitting the market as interest rates start to fall
▼ + stars: | 2024-06-18 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

The managers for the fund also helm the BlackRock High Yield mutual fund, which has a four-star rating from Morningstar and a yield of roughly 6.5%. Other recent launches include the John Hancock High Yield ETF (JHHY) , an Invesco BulletShares 2032 High Yield Corp. ETF (BSJW) , and the AB Short Duration High Yield ETF (SYFI) , which was a conversion from a mutual fund. The new products come as the next steps for high yield debt are unclear. High yield investors say that the sector is still on solid ground, at least for now. Four of the five biggest broad-based high yield bond ETFs have seen inflows over the past month, according to FactSet.

Persons: Jay Jacobs, John Hancock, Michael Schlembach, Schlembach, AJ Rivers, Rivers Organizations: Morningstar, BlackRock, John, Yield Corp, Treasury, Federal Reserve, Marathon Asset Management Locations: BlackRock, U.S

☆ Netflix houses: Experiential venues to open in King of Prussia and Dallas
▼ + stars: | 2024-06-18 | by ( Erika Tulfo | ) edition.cnn.com time to read: +3 min

The ‘experiential’ complexes, called Netflix Houses, will include elaborate events, themed gift shops and restaurants. In a repurposing of empty retail space, the houses will occupy former department store locations at Dallas Galleria and King of Prussia Mall (near Philadelphia). Shonda Rhimes, Golda Rosheuvel and cast members visit The Queen’s Ball: A Bridgerton Experience in New York on April 30, 2023. For years (the show launched in 2020) the “Queen’s Ball” has been staged in various cities two or three times daily. “Netflix House represents the next generation of our distinctive offerings,” said Netflix Chief Marketing Officer Marian Lee, in a statement.

Persons: of, ”, Neil Saunders, São Paulo, “, Saunders, Shonda Rhimes, Golda Rosheuvel, Ilya S, Netflix TikTok, Carrie Berk, influencers, Marian Lee, ” Berk Organizations: CNN, Netflix, Dallas Galleria, GlobalData, “ Disney, Netflix House Locations: of Prussia, Philadelphia, Kuala Lumpur, Malaysia, Toronto, Canada, Brazil, New York, Queen

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