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☆ Tesla keeps touting future plans. But without specific details, investors aren't buying it.
▼ + stars: | 2024-07-24 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at another Tesla earnings report that was light on details about big future plans . The approach worked well last quarter when Tesla's earnings report was even worse than expected . However, big-picture plans without concrete details fell flat for investors this time around. It's Tesla's silver lining amid the EV market slowdown. But as beneficial as competitors were to Tesla this quarter, others seem to be gearing up for battle.

Persons: Jordan Strauss, Chelsea Jia Feng, Elon, Katherine Tangalakis, Hannah Getahun, that's, —, Musk, Toby Melville, BI's Nora Naughton, It's, BI's Jordan Hart, Sundar Pichai, Waymo, Jenny Chang, Rodriguez, Wall, Keith Lerner, Ed Yardeni, Michael M, Tyler Le, Jensen Huang, Rebecca Zisser, Biden, Benjamin Netanyahu, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Business, Chelsea, AP, Tesla, Getty, BI Supply, Nvidia, Big Tech, Hollywood, AWS, Microsoft, Paramount, Digital, Google, IBM, Ford Motors, Samsung, Galaxy, The Locations: Waymo, San Francisco, Phoenix, New York, Paris, London

☆ Trade Tracker: Joe Terranova sells Datadog
▼ + stars: | 2024-07-24 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Joe Terranova sells DatadogJoe Terranova, Senior Managing Director for Virtus Investment Partners, joins CNBC's "Halftime Report" to explain why he's selling Datadog.

Persons: Joe Terranova, Datadog Joe Terranova Organizations: Virtus Investment Partners

☆ Massive shark is struck by boat in rare video footage
▼ + stars: | 2024-07-24 | by ( Jackie Wattles | ) edition.cnn.com time to read: +6 min

CNN —Rare footage captured by a camera strapped to the back of an endangered shark shows the jarring moment it was struck by a boat — prompting the animal to dash into deep waters and rest for hours. It’s not clear whether the massive 23-foot (7-meter) animal, known as a basking shark, ultimately survived the collision. The basking shark is a massive creature, growing up to 40 feet (12 meters) long, and is among the largest fish in the world — second only to the whale shark. But the video and study findings that came out of the incident are timely for the shark research community, noted Dr. Christopher Lowe, the director of the Shark Lab at California State University, Long Beach. Protecting basking sharksMcInturf emphasized that Ireland — and the United Kingdom — have already taken significant steps to help protect endangered basking sharks.

Persons: Alexandra McInturf, “, ” McInturf, Christopher Lowe, —, McInturf, they’re, “ I’m, ” Lowe, it’s heartening Organizations: CNN, Oregon State University, Marine Science, International Union for Conservation, California State University, Ireland Locations: Ireland, Long Beach, Southern California, United Kingdom

☆ Trade Tracker: Kevin Simpson buys TJX Companies
▼ + stars: | 2024-07-23 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Kevin Simpson buys TJX CompaniesKevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to explain why he's buying the consumer discretionary name.

Persons: Kevin Simpson Organizations: TJX, Wealth Planning

☆ DOT investigating Delta over IT outage chaos
▼ + stars: | 2024-07-23 | by ( Justine Fisher | ) www.cnbc.com time to read: +2 min

Delta Airlines passengers line up for agent assistance at Hartsfield-Jackson Atlanta International Airport on July 22, 2024 in Atlanta, Georgia. The U.S. Department of Transportation's Office of Aviation Consumer Protection is investigating Delta Air Lines over chaos sparked by last week's global IT outage, according to a statement. The DOT cited widespread flight disruptions and customer service failures in which Delta did not uphold commitments to its passengers, it said. On Tuesday, 12% of Delta flights were canceled and 13% were delayed as of mid-morning, according to FlightAware, with some passengers still stranded in airports even days after the outage. The DOT penalized the airline $140 million, a sum 30 times larger than any previous consumer protection violations penalty from the department.

Persons: Pete Buttigieg, Ed Bastian, Rahul Samant, Bastian Organizations: Delta Airlines, Hartsfield, Jackson Atlanta International Airport, The U.S . Department of Transportation's, of Aviation, Protection, Delta Air Lines, Delta, Microsoft, Social, Southwest Airlines Locations: Atlanta , Georgia, The, Atlanta and Minneapolis

☆ Tesla profits plunge compared to last year
▼ + stars: | 2024-07-23 | by ( Chris Isidore | ) edition.cnn.com time to read: +2 min

New York CNN —Telsa profits plunged more than 40% compared to a year ago, a steeper drop than expected for the company that has been facing a tougher environment for electric vehicle sales. Tesla reported it earned adjusted income of $1.8 billiion in the quarter, or 52 cents a share. Analysts had forecast earnings of 61 cents a share, which still would have been sharply lower than the 91 cents a share it earned a year earlier. It was the second straight quarter of year-over-year sales declines for the company, the first time it ever suffered consecutive quarters of declining sales volume. The company has become the most valuable automaker in the world in large part due to its growth rate of about 50% in some years.

Persons: Tesla, Edmunds, ” Organizations: New, New York CNN, Tesla Locations: New York, Tuesday’s

☆ Trade Tracker: Steve Weiss sells ASML
▼ + stars: | 2024-07-22 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Steve Weiss sells ASMLSteve Weiss, Founder and Managing Partner of Short Hills Capital Partners joins CNBC’s “Halftime Report” to explain why he sold ASML

Persons: Steve Weiss Organizations: Short Hills Capital Partners

☆ Could a dumb phone that's also a vape help break my iPhone addiction? I tried the Swype vape phone that's going viral.
▼ + stars: | 2024-07-20 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +8 min

I first learned of the Swype vape on social media, where a few doctored images of its screen had gone viral. AdvertisementNow, an obvious disclaimer: Business Insider does not endorse vaping or starting to vape simply because it seems like it would be funny to have a vape phone. (Samatha Cole of 404 Media also tried out the Swype vape; we didn't plan this. The touchscreen does display notifications when you swipe up — I could see messages from Signal, news push alerts, X notifications, and texts. This app seems designed not for the Swype vape but for some sort of wearable fitness tracker.

Persons: I'm, Vape, vaping, Pina Colada, Samatha Cole, Katie Notopoulos, it's, Samantha Cole, I've, Insider's Jordan Hart, Tim Cook Organizations: Service, Business, Media, Bluetooth, Aircraft, Google, Shenzhen Communication Technology, Apple Watch Locations: Shenzhen, China

☆ Trade Tracker: Rob Sechan buys Ingredion
▼ + stars: | 2024-07-19 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Rob Sechan buys IngredionRob Sechan, CEO of NewEdge Wealth, joins CNBC's "Halftime Report" to explain why he's buying this small cap stock.

Persons: Rob Sechan Organizations: NewEdge

☆ Trade Tracker: Jason Snipe buys more Blackstone & sells Marriott
▼ + stars: | 2024-07-19 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Jason Snipe buys more Blackstone & sells MarriottJason Snipe, founder and CIO of Odyssey Capital Advisors, joins CNBC’s “Halftime Report” to detail his latest trades.

Persons: Jason Snipe, Snipe Organizations: Blackstone, Marriott, Odyssey Capital Advisors

☆ Frontier and other airlines were at a standstill for hours after a massive Microsoft outage
▼ + stars: | 2024-07-18 | by ( David Goldman | ) edition.cnn.com time to read: +1 min

CNN —A significant Microsoft outage brought low-cost carrier Frontier Airlines and some competitors to a standstill for hours after a regulator halted departures. “Our systems are currently impacted by a Microsoft outage, which is also affecting other companies,” Frontier said in a statement on its website. The Federal Aviation Administration said Frontier asked it to pause the airline’s departures across the United States. “Due to a global outage at a third party vendor, our booking, check-in, and trip-managing capabilities are temporarily unavailable,” SunCountry said on its site. United, Southwest and American Airlines said they were not impacted by the outage.

Persons: ”, SunCountry, ” SunCountry, ” Allegiant Organizations: CNN, Microsoft, Frontier Airlines, ”, Federal Aviation Administration, Frontier, FAA, American Airlines Locations: United States, Central, Southwest

View at AmazonThere are even more options for Prime Day Apple Watches, and Prime Day iPads still available in our other guides. For an extensive breakdown divided up by size, see our full roundup of Prime Day TV deals. View at AmazonThere are even more sleep deals where those came from — check out our roundups of the best Prime Day mattress deals and Prime Day pillow deals. Do I need to be an Amazon Prime member to buy Prime Day deals? Amazon Prime Day deals are comparable to Black Friday and Cyber Monday, with the main difference being that Amazon is the only participating retailer.

Persons: Siri, They're, you’ll, Jonathan Adler, it's, dehumidifier, vacs, Fryer, Foodi, Fry, fryer, MagSafe, Kate Spade, they're, Bose Smart, Ray Soundbar, Ray, Anker, Amazon Nathan James Hugo Wood Nightstand, Nathan James, Inaba, waddle, Dyson, ”, Gabrielle Chase, “, we've, haven't Organizations: Business, Amazon, Apple, Amazon Apple, Apple Health, Amazon LG, Amazon Samsung, Sony WH, Sony, Amazon Sony WH, Amazon Anker, Amazon Bose, Amazon Beats, Samsung, Clarks, Casper, Pillow, Morris, Morris & Co, Toshiba, LG, Dell, Galaxy, Alexa, Amazon Alexa, Hatch, Amazon Belkin, Apple Watch, Nintendo, Nova, Nova Pro, Logitech, Lightspeed, Mac, lounging, Amazon Canada, packers, Amazon Fisher, Prime, Chatelet Air, Dyson, Amazon Philips, Philips, Amazon Prime, Deal Locations: PopSockets, York

Prime Day TV dealsThis Prime Day, we're seeing some of the biggest price drops of the year on top TV models from our favorite brands. Prime Day laptop dealsLaptops go on sale year-round, but Prime Day is traditionally the best time of year to make a purchase. Prime Day mattress dealsMattresses go on sale several times a year, but few sales offer as lucrative mattress discounts as Prime Day. Prime Day Amazon device dealsDuring Prime Day, many of the best Amazon devices see their lowest prices ever. Prime Day travel dealsSummer travel is underway, and so are the best Prime Day deals on luggage and backpacks.

Persons: We've, AirPods, we've, Siri, Samsung's, They're, you’ll, He's, Jonathan Adler, it's, dehumidifier, Dyson, vacs, Crisp, we're, Fryer, Foodi, Fry, fryer, they're, Bose Smart, Ray Soundbar, Ray, Anker, You'll, iPhones, MagSafe, Kate Spade, scoped, Amazon Nathan James Hugo Wood Nightstand, Nathan James, waddle, Inaba, haircare, ”, Gabrielle Chase, “, haven't Organizations: Business, Apple, Amazon Apple, Apple Health, Amazon, Amazon LG, Amazon Samsung, Sony WH, Sony, Amazon Sony WH, Amazon Anker, Amazon Bose, Amazon Beats, Samsung, Clarks, Casper, Pillow, Morris, Morris & Co, Dyson, Upright, Toshiba, FlexBrew, Hamilton, LG, Dell, Alexa, Amazon Alexa, Hatch, Amazon Belkin, Apple Watch, Logitech, Seagate, ASUS, Meta, Nintendo, Nova, Nova Pro, Lightspeed, Mac, Google, Galaxy, lounging, packers, Amazon Fisher, Prime, today's, Chatelet Air, Amazon Canada, Amazon Philips, Philips, Amazon Prime, Deal Locations: November's, PopSockets, York

It's your last chance to shop Amazon Prime Day deals on tech, beauty products, vacuums and more. SKIP AHEAD The best Prime Day deals | More Prime Day sales to check out | The best sales at other retailersWant more from our everyday experts, straight to your inbox? Other Amazon Echo smart speakers are also on sale during Prime Day, including the Echo Spot ($44.99) and Echo Dot ($24.99). Best Prime Day salesHere are the best Prime Day sales to know about. Best Prime Day clothing, shoes and accessories salesBest Prime Day tech salesBest Prime Day home and kitchen salesBest Prime Day pet supplies salesBest Prime Day beauty and wellness salesBest Prime Day travel salesBest Prime Day food and beverage dealsPrime Day: Best sales at other retailersFrequently asked questions When does Amazon Prime Day end?

Persons: I’ve, they’re, It’s, Chamberlain, They’re, fanny, —, Siri, Differin, dermatologists, shea, Alexa, Lindsay Schneider, Mili, it’s, you’ll, Chili Crisp, Zhong, TikTok Organizations: Amazon, NBC, AA, AAA, Apple, Netflix, Apple TV, Hulu, Spotify, Apple Music, Sirius XM, Chengdu Crunch, Amazon Prime, Wellness, Facebook, Twitter Locations: Chili, Zhong Sauce

☆ Trade Tracker: Josh Brown gets stopped out of Sharkninja and Pfizer hits its highest level of 2024
▼ + stars: | 2024-07-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Josh Brown gets stopped out of Sharkninja and Pfizer hits its highest level of 2024Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to discuss his latest trade out of Sharkninja, and how he's thinking about Pfizer at these levels.

Persons: Josh Brown Organizations: Pfizer, Ritholtz Wealth Management

☆ Russia has lost at least 100 of the T-90M tanks Putin praised as the 'world's best' in Ukraine, tracker data shows
▼ + stars: | 2024-07-15 | by ( Chris Panella | ) www.businessinsider.com time to read: +1 min

Russia has lost at least 100 of its T-90M tanks in the war in Ukraine. Putin has praised the T-90M as the "world's best tank." The losses were recorded by Oryx, an open-source intelligence site that relies on visual evidence to confirm and track war losses on both sides. Business Insider was unable to independently verify the information. This story is available exclusively to Business Insider subscribers.

Persons: Putin, —, Vladimir Putin Organizations: Service, Business Locations: Russia, Ukraine, Russian

☆ Here's why Nextracker and Constellation Brands are tumbling — and where we stand on both stocks now
▼ + stars: | 2024-07-15 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Election risk: While a potential Trump presidency is sending shares of banks, oil and gas, and health insurance stocks higher, some groups face political risk. Shares of the Mexican beer maker are falling about 3% on concerns about tariffs and a tougher stance on immigration under a Trump presidency. Nextracker and Constellation are the two worst-performing Club stocks Monday. 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, Russell, Donald Trump, Trump, Morgan Stanley, We'll, Charles Schwab, Jim Cramer's, Jim Organizations: CNBC, Trump, —, Microsoft, Constellation Brands, Management, Bank of America, PNC, UnitedHealth, Jim Cramer's Charitable Locations: U.S

☆ Trade Tracker: Kevin Simpson sells Apple Covered Calls
▼ + stars: | 2024-07-12 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Kevin Simpson sells Apple Covered CallsKevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to detail his latest Covered Call trade in Apple.

Persons: Kevin Simpson Organizations: Wealth Planning, Apple

☆ Trade Tracker: Kevin Simpson sells Cisco and buys more TJX Companies and Amgen
▼ + stars: | 2024-07-12 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Kevin Simpson sells Cisco and buys more TJX Companies and AmgenKevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to detail his latest trades.

Persons: Kevin Simpson Organizations: Cisco, Wealth Planning

☆ Trade Tracker: Bryn Talkington trims Roblox
▼ + stars: | 2024-07-11 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Bryn Talkington trims RobloxBryn Talkington, managing partner of Requisite Capital Management, joins CNBC's "Halftime Report" to detail why she's trimming Roblox.

Persons: Bryn Talkington Organizations: Management

☆ Investors grow concerned AI isn't being adopted fast enough to justify the hype, says Goldman Sachs
▼ + stars: | 2024-07-11 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

"Our conversations with investors have been defined by skepticism about latter stages of AI adoption," Ryan Hammond of Goldman's portfolio strategy research team said in a recent note to clients. "Even among investors that are long-term bullish on the potential gains from AI adoption, there appears to be considerable uncertainty about the timeline." Goldman's AI adoption tracker showed that only 5% of U.S. companies are using generative AI to produce goods and services. Many software companies tied to AI posted disappointing guidance during the last earnings seasons that triggered a sizeable sell-off, Goldman noted. Investors should focus on revised sales forecasts of AI-related companies, Goldman said.

Persons: Goldman Sachs, Ryan Hammond, Goldman, Hammond Organizations: Nvidia, Wall, Investors Locations: U.S

☆ Trade Tracker: Stephanie Link buys more D.R. Horton and Seagate and sells CDW
▼ + stars: | 2024-07-11 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Stephanie Link buys more D.R. Horton and Seagate and sells CDWStephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to discuss her latest portfolio moves.

Persons: Stephanie Link, Hightower Organizations: Seagate Locations: Horton

Samsung Galaxy Ring Samsung's new Galaxy Ring brings health tracking to a new discreet level. Check price at Amazon Check price at Samsung What we like Check mark icon A check mark. No screen for interacting withSamsung Galaxy Ring featuresThe Samsung Galaxy Ring is similar to a fitness tracker or smartwatch but with a much smaller form factor. One of the main benefits of a Galaxy Ring, when compared to the Oura Ring, is the lack of a membership fee. Learn more about the new device and our impressions after trying it in our Samsung Galaxy Ring features breakdown.

Persons: it's Organizations: Business, preorder, Samsung, Amazon, Samsung Galaxy, Ring, Galaxy AI

☆ Job switchers hoping for a big raise are in for disappointment
▼ + stars: | 2024-07-07 | by ( Madison Hoff | ) www.businessinsider.com time to read: +4 min

Read previewHere's some less-than-great news if you're looking to job-hop because of your pay: People changing roles likely won't be getting as big of a wage bump as past job switchers. However, the report said that "median pay raises appear to have moderated to around 10%" as of this past May. The drops in the median pay raise for job-to-job movers from 2022 to 2024 were felt across workers in all income groups, the Bank of America Institute found. Still, the report noted that lower-income Bank of America customers — those making under $50,000 a year — had the highest median pay gains. AdvertisementThe report said that those middle- and upper-income job seekers may "have somewhat less leverage and bargaining power in negotiating a raise on taking a job."

Persons: —, David Tinsley, Tinsley, there's, switchers Organizations: Service, Bank of America Institute, Business, Bureau of Labor Statistics, Bank of America, New, of Labor Statistics Locations: Atlanta

☆ Opinion | NATO Has to Change. Here’s How.
▼ + stars: | 2024-07-07 | by ( Farah Stockman | ) www.nytimes.com time to read: +1 min

Gen. Dwight Eisenhower, NATO’s first supreme allied commander Europe, felt strongly that his mission was to get Europeans “back on their military feet” — not for American troops to become the permanent bodyguard for Brussels and Berlin. Of the $206 billion in military and nonmilitary aid allocated to Ukraine by countries around the world, $79 billion has come from the United States, according to the Ukraine Support Tracker database. Since about 1960, the United States’ share of allied G.D.P. has averaged roughly 36 percent, while its share of allied military spending has been more than 61 percent, according to a Cato Institute report. The supreme allied commander Europe has never been a European.

Persons: Ike, Dwight Eisenhower, NATO’s, —, ”, “ Organizations: NATO, Cato Institute Locations: Europe, Brussels, Berlin, United States, Washington, Germany, Italy, Britain, Ukraine

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