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Read previewWhoever emerges as Vice President Kamala Harris' running mate has the potential to dramatically reset the 2024 presidential race. AdvertisementShould Harris select Walz, it'd indicate her intent to compete hard in the key battlegrounds of Michigan, Pennsylvania, and Wisconsin. But even when Biden was still in the race, Walz zeroed in on Vance. Walz then described both Vance and Trump as "robber barons" who have done more harm than good to the Midwest. Vice President Kamala Harris is expected to select her running mate ahead of the Democratic National Convention.
Persons: , Kamala Harris, Donald Trump, Ohio Sen, JD Vance, Joe Biden's, Harris, who's, Tim Walz, Walz, who'd, it'd, Vance, Trump . Walz, Biden, Walz zeroed, " Walz, Trump, he's, Jim Vondruska, counteracts Harris, It's Organizations: Service, Ohio, GOP, Business, Democratic, Minnesota Gov, Trump, Sun, Midwest, Democratic National Convention, Democrats, Republicans, Republican National Convention, , CNN Locations: Minnesota, Nebraska, Michigan , Pennsylvania, Wisconsin, Midwest, Vance, America, Michigan, Pennsylvania, Arizona , Georgia, Nevada, North Carolina, San Francisco Bay, Illinois , Indiana , Michigan , Ohio
Not only do Olympic athletes tone their bodies into near perfection; they hone their minds as well. Researchers have studied Olympians for decades and found they share some common traits, habits and qualities that you too can use to develop a winner’s mindset. Greece's Giannis Antetokounmpo dunks the ball in the men's preliminary round during the Paris 2024 Olympic Games. Banish self-doubtThere is no room for doubt in the minds of Olympic athletes, according to Gould. Italy's Sofia Goggia takes part in the women's downhill third training session during the Beijing 2022 Winter Olympic Games.
Persons: CNN —, , Jeff Brown, Brown, Dan Gould, Gould, ” Gould, Greece's Giannis Antetokounmpo, Kelly McGonigal, , McGonigal, you’ve, ” Simone Biles, ” Brown, we’re, Simone, ” Ahtziri Sandoval, Tom Weller, VOIGT, I’ve, Italy's Sofia Goggia, Fabrice Coffrini, it’s, Trinity Rodman, Alexandra Popp, Brad Smith, don’t, Spain's Maria Xiao, Wang Zhao, France's Léon Marchand, Manan Vatsyayana, I’m, they’re Organizations: CNN, Harvard Medical School, Boston Marathon, Institute for, Youth Sports, kinesiology, Michigan State University, US Olympic Committee, United States Tennis Association, Research, Getty, Team Mexico, Olympic, Italy's, , Paris, Paris Games Locations: England, Beijing, AFP, United States, Germany
Here are Monday's biggest calls on Wall Street: Morgan Stanley reiterates Live Nation as overweight Morgan Stanley said shares of the entertainment concert company are compelling. " Cantor Fitzgerald reiterates Nvidia as overweight Cantor said the stock is still a top pick at the firm. Guggenheim upgrades Akamai to buy from neutral Guggenheim said shares of the cloud computing networking company have more room to run. Bank of America reiterates Apple as buy Bank of America said it's bullish heading into Apple earnings later this week. JPMorgan reiterates Eli Lilly as overweight JPM said the stock is a "core holding" ahead of earnings on August 8.
Persons: Morgan Stanley, Cantor Fitzgerald, Cantor, TD Cowen, AAPL, Wells, Booz Allen Hamilton, it's, Guggenheim, Piper Sandler, Charles Schwab, Piper, Schwab, Olin, Mizuho, Bill Brown's, Myers Squibb, JPMorgan, Eli Lilly, JPM, Evercore, Tesla, Oppenheimer, Raymond James, Davidson, Raymond James downgrades Organizations: NVDA, MU, Apple, Huawei, Booz, Guggenheim, RBC, Deutsche Bank, Northrop, Deutsche, JPMorgan, Uber, Holdings, 3M, " Bank of America, Bank of America, Edge, Barclays downgrades Bristol, Myers Squibb, Barclays, Bristol, Ford, Microsoft, Charter, HSBC Locations: China, underperform
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors will likely sell into a market bounce, says Truist's Keith LernerKeith Lerner, Truist Wealth co-CIO, and Kara Murphy, Kestra Investment Management CIO, join 'Closing Bell Overtime' to talk the day's market action.
Persons: Truist's Keith Lerner Keith Lerner, Kara Murphy Organizations: Truist, Kestra Investment Management
The reality of the American air travel system is that powerful forces keep passengers flying the same carriers, even after service meltdowns like Delta just suffered. For passengers who live near one of the hubs where Delta controls most of the flights, such as Atlanta, Detroit, Minneapolis or Salt Lake City, choices are even more limited. But by Monday, the problems were mostly limited to Delta as other businesses were back to normal, adding to the frustration of its passengers. Delta canceled more than 4,400 flights from July 19 to 21, according to tracking service FlightAware. Past experience, plus the dominance of Delta in Atlanta and Don Hooper’s frequent flyer miles, would keep them using the airline.
Persons: Don Hooper, Dorothy, I’m, ” Don Hooper, , ” Dorothy, Dorothy Hooper, , Don Hooper’s, Jeremy, Kaylee Jones, Lucia, Jeremy Jones, Zach Griff, won’t, McNamara, Joe Raedle, Scott Keyes, Delta, Dylan Steele, Steele, It’s, I’ve, … It’s, he’s, you’ve, “ We’ve Organizations: New, New York CNN — Delta Air Lines, Delta, CNN, St, Detroit Metropolitan Wayne County Airport, Locations: New York, Delta, United, Southwest, Atlanta, Detroit, Minneapolis, Salt Lake City, Bozeman , Montana, Greece, Italy, Spokane , Washington, St, Orlando, Washington
Stock futures rose modestly on Sunday evening as Wall Street gears up for a busy week of corporate earnings. S&P 500 futures gained 0.2%, while Nasdaq 100 futures added 0.3%. The move in futures comes after a volatile week in the stock market. This week's earnings slate will play a role in determining whether tech stocks can now bounce back. Another key event this week will be the Federal Reserve meeting, with the central bank set to release a new policy statement on Wednesday.
Persons: Russell, it's, Callie Cox Organizations: Dow Jones, Nasdaq, Dow, Ritholtz Wealth Management, Microsoft, Meta, Apple, Federal Reserve
Harris opens up new potential paths to victorySince entering the race, Harris has shown momentum in early polling. This became worrisome for the Biden campaign as warning signs flashed in states like Virginia and New Hampshire. The positive early polling is a great sign for the vice president, but it isn't the only metric that shows momentum. Trump's pick for vice president makes things interestingVice presidential picks are far from guaranteed to help a presidential hopeful win a state. With Biden out of the race, Democrats will likely seek to tie the election — anchored by Harris' candidacy — to the party's future.
Persons: , Kamala Harris, Donald Trump, Lyndon B, Johnson, Joe Biden's, Biden, Biden's, Trump, Harris, isn't, Sen, JD Vance, MAGA, Joe Biden, hto4J6PkOw —, Harry Enten, Harris —, Al Gore, George W, Vance, Ohio Sen, Win McNamee, Doug Emhoff, Mike Pence, John McCain of, Jim Vondruska, Mark Kelly of Arizona, Josh Shapiro, Tim Walz, Andy Beshear, Roy Cooper of, JB Pritzker, Gretchen Whitmer, Pete Buttigieg, Cedric Richmond of, Kelly, Shapiro, Walz Organizations: Service, The United, Democratic, Business, Democrats, Republican National Convention, Democratic National Convention, GOP, New York Times, Trump, Biden, Harris, CNN, Electoral, NV, Omaha -, Black, Anselm College, Convention, Ohio, Ohio Republican, Senate, Ohio Republicans, White, Getty, Pennsylvania, Bloomberg, Illinois, Navy Locations: The United States, Vietnam, Harris, Chicago, Ohio, Siena, Michigan , Wisconsin, Pennsylvania, Omaha, Nebraska, Virginia, New Hampshire, Minnesota, New Mexico, North Carolina, Georgia, John McCain of Arizona, Michigan, Kentucky, Roy Cooper of North Carolina, Cedric Richmond of Louisiana, Arizona, Wisconsin
Even though floods have impacted 99% of US counties over the past 28 years, only 4% of homeowners have flood insurance. For those without flood insurance, FEMA provided $4,400 on average. Individuals and communities both have roles to play in building financial resilience to disasters. These Community Disaster Resilience Zones qualify for reduced local costs and additional technical assistance. Improving financial literacy is fundamental for making sound financial disaster preparedness decisions.
Persons: Daniel Kaniewski, Marsh McLennan, Beryl, Hurricane Harvey, Scott Olson, Daniel Kaniewski Marsh McLennan, Harvey, Hurricane Beryl, Greenlee Beal, Money, Nic Coury Organizations: Federal Emergency Management Agency, FEMA, CNN, Homes, US Chamber of Commerce, Allstate, Reuters, Stock, Wilder, National Flood Insurance Locations: Texas, Sugar Land , Texas, Alabama, Galveston , Texas, Florida, Virginia, Wilder Ranch, Santa Cruz , California, AFP, New York City
Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUS stocks rose Friday morning, regaining momentum after three days of losses. Instead, investors indicated 87.7% odds of a 25-basis point cut, and 11.9% odds of a 50-basis point cut. This week, creeping doubt in large-cap tech stocks rally spurred investors to rotate out of the sector, pulling both indexes down 3.67% and 2.6% through the past week, respectively.
Persons: , Fitch, Olu Sonola Organizations: Nasdaq, Service, PCE, Federal, Treasury Locations: Here's
A subsequent pullback saw the price bounce off that breakout level, which also lined up with the 50-day moving average. This is a sector full of low-volatility, high yielding stocks that have often provided downside protection in down market phases. ES just broke to a new three-month high this week, and the stock features a dividend yield around 4.5%. When the broad market averages take a bearish turn, equity investors are often best served by getting defensive. These three stocks feature improving technical profiles, along with dividend yields well above the average for the S & P 500.
Persons: Philip Morris, BTI, Eversource, we've, David Keller Organizations: American Tobacco PLC, Eversource Energy, Eversource, Nasdaq, CMT, CNBC, NBC UNIVERSAL Locations: U.S, British American
Paris CNN —Competition is already underway in Paris for the 2024 edition of the Summer Olympics and Team USA is set to take to the River Seine Friday for the Opening Ceremonies. It was the biggest shock of the Tokyo Games and left many observers wondering if the career of one of the most incredible athletes of all time had just ended in a flash. Noah Lyles competes in the men's 200 meter semi-final on Day Eight of the 2024 U.S. Olympic Team Track & Field Trials at Hayward Field on June 28, 2024 in Eugene, Oregon. Sha’carri RichardsonSha'Carri Richardson wins women's 200m heat in 21.99 for the top time during the US Olympic Team Trials at Hayward Field. Sophia SmithHeading to her first Olympics, Smith is the leading light of a new generation of stars for the US Women’s National Team.
Persons: Simone Biles Simone Biles, Laurent Landi, Matthias Hangst, Biles, isn’t, , LeBron James It’s, James –, James, LeBron James, Altaf Qadri, James ’, Coco Gauff, Katie Ledecky, Ledecky, Sarah Stier, Noah Lyles He’s, Noah Lyles, Patrick Smith, Jamacia’s Kishane Thompson, Thompson’s countryman, Usain Bolt, Sha’carri Richardson Sha'Carri Richardson, Kirby Lee, Richardson, Caeleb Dressel, Dressel, USA's Caeleb Dressel, Jonathan Nackstrand, he’s, It’s, Sophia Smith, Smith, it’ll, Tierna Davidson, Jason Mowry, Sunisa Lee, Sunisa, Lee, Jamie Squire, A’ja Wilson Wilson, Caitlin Clark, Angel Reese, A'ja Wilson, Derek White, Wilson –, Clark, Wilson, Paris, Sydney McLaughlin, McLaughlin, Levrone, Charlie Neibergall, Femke Bol, Bol Organizations: Paris CNN —, Summer Olympics, Team, Team United States, FIG, Antwerp, Olympics, Tokyo Games, US, Athens Games, Los Angeles Laker, Australia, United, United Arab Emirates, Northside Swim Center, Team USA, Games, Olympic, Hayward Field, US Olympic, Hayward, USA, Reuters, Tokyo, Tokyo Aquatics, Getty, National Team, Portland Thorns, Canada, Russian, Las Vegas Aces, Atlanta, Gateway Center, College Park ,, U.S Locations: Paris, France, Antwerp, Belgium, Tokyo, Rio de Janeiro, Athens, Abu Dhabi, United Arab, USA’s, San Antonio , Texas, Eugene , Oregon, AFP, United, United States, American, College Park, College Park , Georgia, Eugene ,
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Those are our only "own, don't trade" stocks, and they may hold the key to the rest of tech. 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, it's, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Apple, Nvidia, Club, Broadcom, AMD, Juniper Networks, Digital Realty Trust, Boston Beer, Bristol, Myers, Charter Communications, Colgate, Fed, Jim Cramer's Charitable Locations: Dexcom, Sketchers, Texas
US stocks gave back gains to trade mixed on Thursday amid more tech weakness. GDP grew 2.8% in the second quarter, according to advanced estimates from the Commerce Department, well-above the 2.1% growth economists had expected. PCE inflation rose 2.6%, down from the prior reading of 3.7%. Mega-cap tech stocks continued to slide after Tesla and Alphabet delivered disappointing results for the second quarter. Alphabet was down for a second day, dropping another 3% on Thursday.
Persons: , Neil Dutta Organizations: PCE, Service, Dow Jones, Treasury, Commerce Department, Fed, Macro, Meta, Microsoft, Here's
However, it can be difficult to find sunscreen that won't leave a white cast if you have a dark skin tone. However, the best sunscreens for dark skin tones provide ample sun protection without leaving a white cast. Our top pick, the Kosas DreamBeam SPF40, is a personal favorite of mine as someone with a medium-dark skin tone. Ahead, find the best sunscreens for dark skin tones—many of which we've tested firsthand. AdvertisementOur top 6 picks for the best sunscreen for dark skin tones
Persons: Kiran Mian, Mian, we've Organizations: Business
Baird raised its price target on Apple by $40 to $240. BMO also increased its price target on Amazon to $230, implying upside of 27%. Hutchinson also raised her price target $65, a $3 increase that implies the stock can jump 17.3% over the next year from Wednesday's close. In addition to reiterating his outperform rating, Mizuho managing director Gregg Moskowitz upped his price target by $30 to $850. Analyst William Power reiterated his outperform rating on the tech titan and hiked his price target by $40 to $240.
Persons: Baird, Lorraine Hutchinson, Hutchinson, Birkenstock, — Alex Harring, Paul Lejuez, LULU, Lejuez, LULU YTD, GE Vernova, Mark Strouse, Strouse, Mizuho, Gregg Moskowitz, Moskowitz, LSEG, Stifel, Lamb Weston, Matthew Smith, Smith, FactSet, Cowen, William Power, AAPL, Power, Alex Harring, Brian Pitz, Pitz, Fred Imbert Organizations: CNBC, Apple, BMO, GE, Bank of America, New York Stock Exchange, Citi downgrades, Citi, JPMorgan, Mizuho, Nasdaq, Apple Intelligence, Verizon, BMO Capital Markets, Google, Amazon Locations: Wednesday's, Thursday's, Lululemon, Thursday's premarket
CNN —Much of the Philippine capital remained underwater Thursday after deadly Typhoon Gaemi worsened torrential monsoon rains that lashed the country, trapping thousands of people in rising flood waters and causing widespread damage. Lisa Marie David/ReutersA road is seen flooded caused by Typhoon Gaemi and monsoon rains on July 24, 2024 in Quezon city, Metro Manila, Philippines. Ezra Acayan/Getty ImagesRescuers evacuate residents from their flooded homes on July 24, 2024 in Quezon city, Metro Manila, Philippines. An aerial view shows Xindian river's rising water level at New Taipei City as typhoon Gaemi passes Taiwan on July 25, 2024. Residents wade a flooded road caused by Typhoon Gaemi and monsoon rains on July 24, 2024 in Marikina, Metro Manila, Philippines.
Persons: Carina –, Gaemi, Typhoon Gaemi, Lisa Marie David, Ezra Acayan, , Hsiao Huan, Sam Yeh, Armando Balilo, Vico Sotto, Ferdinand Marcos Jr, Rai, Odette –, Haiyan, Marcos, ” Marcos, Khevin Yu Organizations: CNN, Metro Manila, Philippine News Agency, Rescuers, Reuters, Central Emergency Operations Center, National Fire Agency, New, Getty, Philippine Coast Guard, PCG, CNN “, Philippine, Super, Greenpeace Locations: Philippine, Philippines, Taiwan, Manila, Luzon, Metro, Marikina City, Metro Manila, Quezon city, Taiwan’s, Tanzanian, Kaohsiung, China, Fujian, New Taipei City, AFP, Bataan, Quezon City, Pasig City, Marikina, , Pasig, Asia’s, Greenpeace Philippines
How to trade the Big Tech rotation
  + stars: | 2024-07-25 | 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 EmailHow to trade the Big Tech rotationAshish Shah, Goldman Sachs Asset Management co-head and CIO of public investing, joins 'Money Movers' to discuss markets as big tech continues to sell off as major indices look to bounce back.
Persons: Ashish Shah, Goldman Organizations: Big, Management
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For more than 90 minutes last week, Donald Trump gave a rambling speech accepting the Republican nomination for president for a third time. He used the opportunity, as well as his June debate with President Biden, to repeat favorite false claims and exaggerations. That Mr. Trump has a proclivity for saying untrue things is well known. With Mr. Trump sure to ratchet up his falsehood-laden rhetoric, it’s a good time to review his recent record of dishonesty. JobsLie: “The only jobs [President Biden] created are for illegal immigrants and bounce-back jobs — they’re bounced back from the Covid.”
Persons: Donald Trump, Biden, Trump, I’ve, Trump’s, Biden’s, it’s, Jobs, — they’re, Organizations: Republican, White
Gold prices climb as investors focus on U.S. economic data
  + stars: | 2024-07-24 | by ( ) www.cnbc.com   time to read: +2 min
Gold prices inched higher on Wednesday, with investors awaiting U.S. economic data that could influence the Federal Reserve's rate-cut timeline. Gold prices inched higher on Wednesday, with investors awaiting U.S. economic data that could influence the Federal Reserve's rate-cut timeline. Bullion prices scaled an all-time high of $2,483.60 last week amid rising bets of rate cuts. Spot gold may break resistance at $2,417 and bounce further to $2,432, according to Reuters technical analyst Wang Tao. "Growth estimates in photovoltaic panel usage have been markedly revised higher, resulting in silver demand draws far exceeding supply.
Persons: Tim Waterer, KCM, Wang Tao Organizations: ANZ, Management Locations: India
Regional banks bounce back: Here's what you need to know
  + stars: | 2024-07-23 | 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 EmailRegional banks bounce back: Here's what you need to knowCNBC's Leslie Picker joins 'Power Lunch' to discuss what's behind the regional bank rally and more.
Persons: CNBC's Leslie Picker
Angie Longacre became a content writer after she was laid off from her graphic designer job. Longacre was laid off four times over the following decade but found it easy to bounce back. But she said that she had been struggling to find a job since being laid off a year ago. AdvertisementThis as-told-to essay is based on a transcribed conversation with Angie Longacre, a freelancer in Pennsylvania, about her experience getting laid off at 54. While I was looking for another one, I saw an ad looking for writers for books on different topics for beginners.
Persons: Angie Longacre, Longacre, , I'd Organizations: Service, Business Locations: Pennsylvania
Cashier's check requirementsTo get a cashier's check, you'll need to provide the personal information of your check recipient. Here's an overview of how much a cashier's check costs at some of the biggest banks:What to do if your cashier's check is lost or stolenIf your cashier's check is lost or stolen, call your bank as soon as possible to let them know. According to the Office of the Comptroller of Currency, you could ask the person who gave you the cashier's check to buy you another cashier's check. How to avoid cashier's check scamsReal cashier's checks are one of the safest forms of payment, but cashier's check scams do exist. Cashier's Check FAQsHow does a cashier's check work?
Persons: they've, you've, Chase, Wells Organizations: Chevron, Currency, Navy Federal Credit Union Locations: Chevron
Where to purchase a money orderPost officesYou can get a money order through your local post office. If you're on the receiving end of a money order, you'll want to make sure the money order isn't counterfeit. If a stranger or a company you haven't heard of or worked with before is asking for a money order, make sure that they're legit before sending them a money order. Hand deliveryIf you're giving the money order to someone you know, you can always hand-deliver the money order. Unlike with cash, you can use your receipt to get a new money order if your first money order is lost or stolen, so there's less risk when carrying it to the recipient.
Persons: We've, Maggie Gomez, Maggie, you'll, it's, Banks, You'll, you've, refunding, Gomez, haven't Organizations: CFP, Walmart, Western Union
Earnings season is heating up, as Tesla and Google-parent Alphabet are set to report their latest results after the bell Tuesday. I'm considering a bullish trade in QQQ for Wednesday — contingent on a positive market reaction to GOOG and TSLA earnings. This allows you to construct a $1 wide bull call spread and risk as little as $50 to make $50 per winning trade. I've suggested a 482-483 call spread because QQQ is trading at 482 as of writing this. If earnings are strong, QQQ will likely gap up and open at a higher price tomorrow.
Persons: QQQ, I've, Nishant Pant Organizations: Google, Nasdaq, CNBC, NBC UNIVERSAL Locations: QQQ
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