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☆ The 11 best movies and shows to stream this weekend, from the 'Inside Out' sequel to a new season of 'The Great British Baking Show'
▼ + stars: | 2024-09-27 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +1 min

"Inside Out 2," "Oddity," and "Will & Harper" are three movies you can stream now. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementHere's a complete rundown of all the best movies, shows, and documentaries to stream this weekend, broken down by what kind of entertainment you're looking for.

Persons: Harper, —, Will Ferrell's, Brad Pitt, George Clooney, Ryan Murphy's Organizations: Service, Disney

☆ Using options to trade an index that's become a swing trader's dream
▼ + stars: | 2024-09-27 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

Although it is very volatile and exhibits wild swings, in the 1-year daily chart shown below, it becomes evident how confined its movement is within a well-defined trading range. Whenever it breaches one of these levels, it quickly stabilizes in a new trading range. Based on this analysis, I am considering a bearish set-up while keeping the top of its current trading range in mind. The trade Given the bearish outlook, I'm using a call credit spread as my trade structure. If the index stays below $2,260 by the expiration date, the trade will yield an ROI of 42% on the capital risked.

Persons: Russell, Nishant Pant Organizations: CNBC, NBC UNIVERSAL

☆ Elon Musk's plan to dominate the in-flight internet market gained another customer. Here's every airline using Starlink.
▼ + stars: | 2024-09-27 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Air France announced it will offer free ultra-high-speed WiFi via Elon Musk's Starlink from 2025. Air France announced that from 2025, it will offer ultra-high-speed WiFi free of charge to customers in every cabin. Musk celebrated the deal in a post on X, replying to Air France's post by saying: "Air France is installing Starlink!" The announcement comes just two weeks after United Airlines also confirmed it was signing up to become a Starlink customer. As of the Air France announcement, here are all the airlines that have publicly announced deals with Starlink:

Persons: Elon Musk's, —, Elon Musk's Starlink, Musk, you'll, Scott Kirby Organizations: Air France, Elon, Elon Musk's Starlink, United Airlines, Qatar Airways, Hawaiian Airlines, Service, SpaceX, Viasat, Boeing, Air, Starlink Locations: Starlink, Air France

☆ 4 steps workers should take when their companies announce 5-day RTO, according to an employment lawyer
▼ + stars: | 2024-09-27 | by ( Jane Zhang | ) www.businessinsider.com time to read: +8 min

Companies requiring 5-day RTO will lose valuable employees, says Craig Levey, an employment lawyer. Levey lays out four steps employees can take if their company announces an RTO policy. Here are the steps I'd take if a client came to me about their company switching to a five-day RTO policy:1. Related storiesWell-written employment agreements will include a clause providing the employer with the flexibility the amend any and all terms. But if you have some leverage, you can negotiate into your employment agreement that you're going to be working remote or hybrid.

Persons: Craig Levey, Levey, —, doesn't, you've, they'll, haven't, Jane Zhang Organizations: Service, Bennett, Belfort, Starbucks, Disabilities, Opportunity Commission Locations: P.C, Cambridge , Massachusetts, Newport, Seattle

These are the best credit cards for bad credit in 2024, according to Business Insider's team of credit card experts. Discover it Secured Credit Card ReviewBest for 1.5% Cash Back: Capital One Quicksilver Secured Cash Rewards Credit CardThe Capital One Quicksilver Secured Cash Rewards Credit Card is a secured credit card that earns a straightforward 1.5% cash back on all purchases with no limits. US Bank Altitude Go Secured Credit Card ReviewBest for Everyday Expenses: Bank of America® Customized Cash Rewards Secured Credit CardThe Bank of America® Customized Cash Rewards Secured Credit Card is another good option for maximizing your rewards earnings. Credit Cards for Bad Credit Frequently Asked QuestionsWhat are the main benefits of credit cards for bad credit? Upgrade to an unsecured credit card — Secured credit cards are meant to be a stepping stone to better financial products.

Persons: They're, it's, cardholders, you'll, Cardholders, Cash, you've, You'll, you’ve, it’s, Quicksilver, WebBank, —, Holly Johnson Freelance, Holly Johnson, Johnson, Angela Fung, Read Organizations: Business Insider, U.S . Bank, Bank of America, Card, Bank, Bad Credit, Credit, Business, Quicksilver, . Bank, Cell, Sporting, EV, US Bank, Cash Plus, U.S, Go, The Bank of America, Gas, Drug, of America, Walmart, Visa, Discover, Capital, CreditWise, Rewards, Bank Cash, Go Visa, Cards, U.S . News, Club, Finance Locations: U.S, Capital, Chevron

☆ Morgan Stanley raises its price target for a Chinese tech giant it calls a ‘safe haven’
▼ + stars: | 2024-09-27 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Of all Chinese internet stocks, one company has the "best risk-reward" for investors, Morgan Stanley says. Morgan Stanley raised its price target for Tencent from 450 Hong Kong dollars to 480 Hong Kong dollars ($57.80 to $61.70). Its shares have jumped since mid September, from about around 374 Hong Kong dollars to the current 424 Hong Kong dollars. As for its games unit, Morgan Stanley says the firm will enjoy "near-term catalysts," adding that there will be a "robust" pipeline, with its evergreen games set to continue netting growth. It estimates Tencent's games revenue growth could rise 13% and 10% year on year in the second half this year and in 2025, respectively.

Persons: Morgan Stanley, Tencent, there's, — CNBC's Michael Bloom Organizations: Hong Locations: Hong Kong, Alibaba

☆ The job market is reaching a turning point that will usher even steeper Fed rate cuts, top economist says
▼ + stars: | 2024-09-27 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

The job market is about to see a big shift that could bring faster Fed rate cuts, David Rosenberg said. That will emphasize the need for faster Fed rate cuts, he said in a note to clients. The ratio of the vacancy rate to the unemployment rate has tumbled in recent months. It's the unemployment rate that's moving up (+0.5 percentage points this year alone), while the vacancy rate has stabilized." "As the labor market eases, we'll see more modest changes in the vacancy rate and larger changes in the unemployment rate.

Persons: David Rosenberg, —, Rosenberg, we've, Powell Organizations: Service, Rosenberg Research, Bureau of Labor Statistics, Fed, Atlanta

☆ Stock market today: US indexes gain after soft inflation report supports more rate cuts
▼ + stars: | 2024-09-27 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

US stocks rose after cool inflation data suggested more room for Federal Reserve rate cuts. The personal consumption expenditures price index increased 0.1% in August, matching estimates. AdvertisementUS stocks rose on Friday after cool inflation data suggested that the Federal Reserve has more room to cut interest rates. The personal consumption expenditures price index, which is considered the Fed's preferred inflation measure, increased 0.1% in August, in-line with economist estimates. On a year-over-year basis, the PCE Index rose 2.2%, slightly below economist estimates of 2.3%.

Persons: —, Clark Bellin, Bellin, Sonu Varghese, that's, Varghese Organizations: Federal, Service, Federal Reserve, Bellwether Wealth, Business, Carson Group, Here's

☆ Here are Friday's biggest analyst calls: Apple, Dell, Wynn, Walmart, Best Buy, Costco, Netflix & more
▼ + stars: | 2024-09-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Piper Sandler upgrades Accenture to overweight from equal weight Piper upgraded the IT company following its earnings report. Goldman Sachs reiterates Costco as buy Goldman says it's sticking with the stock following earnings on Thursday. Citi downgrades Dollar General to sell from neutral Citi says it sees too many competitive challenges. JPMorgan adds Best Buy to the focus list JPMorgan says it sees an "improving product cycle" for Best Buy. Bank of America downgrades HP to neutral from buy The firm says it sees slowing earnings per share growth.

Persons: Morgan Stanley, Wynn, Piper Sandler, Piper, Goldman Sachs, Goldman, it's bullish, it's, Raymond James, Mercado, Roth MKM, Roth, Cantor Fitzgerald Organizations: Wynn Resorts, Deutsche Bank reinstates Dell, Deutsche, DELL, NASDAQ, Costco, " Bank of America, Apple, Bank of America, Apple Intelligence, UBS, Vista Energy, Citi, Pepsi Citi, Catalyst, Walmart, Cava, Mercado Libre, JPMorgan, Chesapeake Energy, Barclays, Netflix, HP Locations: UAE, Macau, BMBL, CAVA, HPQ

☆ Google's reported $2.7 billion deal to bring back a former employee is proof AI geniuses are the new 'star quarterbacks'
▼ + stars: | 2024-09-27 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

Google struck a $2.7 billion deal with Character.ai., largley to rehire AI expert Noam Shazeer, WSJ reported. It's an eye-popping example of how expensive and in demand top AI talent is as competition heats up. AI career experts told Business Insider it's a bit like pro sports — the superstars are worth it. AdvertisementThere are plenty of stories out there about just how ruthless the hiring wars for AI talent have gotten. Grennan predicted this pattern will continue as the AI talent window stays hot for the next three to four years.

Persons: Noam Shazeer, —, Shazeer, he's, it's, Mustafa Suleyman, Karen Simonyan, Andree Mendoza, Mendoza, Sergey Brin, Zuckerberg, Meta, Altman, Conor Grennan, Grennan, Noam Shazeer isn't Organizations: Google, Service, Nvidia, Wall Street, Business, Microsoft, Carex Consulting, Big Tech, NYU's Stern School of Business, Wall, Apple

☆ OpenAI sees roughly $5 billion loss this year on $3.7 billion in revenue
▼ + stars: | 2024-09-27 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

OpenAI, the creator of ChatGPT, expects about $5 billion in losses on $3.7 billion in revenue this year, CNBC has confirmed. The New York Times was first to report on OpenAI's financials earlier on Friday after viewing company documents. OpenAI, which is backed by Microsoft, is currently pursuing a funding round that would value the company at more than $150 billion, people familiar with the matter have told CNBC. Thrive Capital is leading the round and plans to invest $1 billion, with Tiger Global planning to join as well. The company will retain its nonprofit segment as a separate entity, a person familiar with the matter told CNBC.

Persons: ChatGPT, OpenAI, CNBC hasn't, Sarah Friar, Mira Murati, Matt McIlwain Organizations: CNBC, The New York Times, Microsoft, Tiger Global

☆ Hoda Kotb says her 60th birthday prompted her to reevaluate the next phase of her life
▼ + stars: | 2024-09-27 | by ( Erin Liam | ) www.businessinsider.com time to read: +4 min

Hoda Kotb, longtime anchor of NBC's "Today," said she will be stepping down from the role. In a tearful announcement, she said her 60th birthday had prompted her to reevaluate her next phase of life. AdvertisementAfter 26 years at NBC, Hoda Kotb said she plans to step down as anchor in 2025. During "Today with Hoda & Jenna," Kotb explained to her co-anchor, Jenna Bush Hager, that she had a longing to do something new. AdvertisementKnowing when to switch gears in your careerFor Kotb, turning 60 prompted her to reevaluate her career.

Persons: Hoda Kotb, reevaluate, Haley, Hope, —, Kotb, Jenna, Jenna Bush Hager, Haley Joy, Hope Catherine, She's, Alan Castel, Kathy Feest Organizations: Service, NBC, Rockefeller Plaza, Hoda, NBC News, BI

☆ 'Push-pull' between inflation & economic activity will drive investor sentiment, says Scott Clemens
▼ + stars: | 2024-09-27 | 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 Email'Push-pull' between inflation & economic activity will drive investor sentiment, says Scott ClemensScott Clemons, chief investment strategist at Brown Brothers Harriman, joins CNBC's 'Power Lunch' to discuss macro outlooks, why he's closely watching the health of the consumer, and more.

Persons: Scott Clemens Scott Clemons, Harriman Organizations: Brown

☆ You can now order your Spirit Halloween costume on Uber Eats
▼ + stars: | 2024-09-27 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +1 min

The ridehailing company will now deliver costumes, makeup, and even decorations from Spirit Halloween, the largest Halloween retailer in North America, Uber announced in a press release Friday. Big-box retailers are getting into Halloween earlier and earlier, suggesting American consumers continue spending on the October holiday even as they pull back from other discretionary purchases. Customers in the US and Canada can buy their Chipotle burrito costume for the same price as in store, but without having to visit the seasonal Halloween store that pops up in abandoned storefronts every year, Uber said. Of course, there will still be the fees associated with Uber Eats delivery. Uber Eats has also partnered with Big Lots, Lowe’s, Michael’s and Party City for on-demand delivery.

Persons: New York CNN — Uber, Uber, ”, Beryl Sanders Organizations: New, New York CNN, Uber, Party City Locations: New York, North America, Canada, Olive, Michael’s

☆ The market may be getting too comfortable heading into a historically scary month
▼ + stars: | 2024-09-27 | by ( Fred Imbert | ) www.cnbc.com time to read: +1 min

This signal comes as the S & P 500 trades at all-time highs, boosted by a shift in Federal Reserve policy. The Fed earlier this month cut interest rates by a half percentage point, the first easing of policy in more than four years. Wall Street sees further reductions ahead, too. The Cboe Volatilty Index spiked north of 23 earlier this month, as worries over the U.S. economy weighed on sentiment. Elsewhere on Wall Street this morning , Morgan Stanley upgraded Wynn Resorts to overweight from equal weight.

Persons: Wolfe, Janney Montgomery Scott, Dan Wantrobski, Wantrobski, Morgan Stanley, WYNN's Organizations: Federal, Wynn Resorts Locations: U.S

☆ Why Nvidia stock could soar over 500% by the end of the decade, former consulting exec says
▼ + stars: | 2024-09-27 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

Nvidia could rocket another 545% by the end of the decade, Phil Panaro predicted. AdvertisementNvidia is headed for a meteoric run-up by the end of the decade, according to one former consulting exec. "Not to sound overconfident — it's actually inevitable provided that they can continue to make these chips," he later added of the firm's upside potential. Some strategists have been skeptical over Nvidia's rally, with the stock up a monster 2,733% over the last five years. "That's actually the best case for why it's actually going to go up.

Persons: Phil Panaro, Blackwell, —, Phil Panaro —, Jensen Huang, Panaro, Goldman Sachs, Morgan Stanley, — it's, That's, it's, haven't Organizations: Nvidia, Service, Boston Consulting Group, Goldman, Citigroup, Schwab Network, Blackwell, Big Tech, Fortune, Analysts, Nasdaq Locations: Web2

☆ Labor market will now determine the Fed's rate trajectory, says RBC's Andrzej Skiba
▼ + stars: | 2024-09-27 | 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 EmailLabor market will now determine the Fed's rate trajectory, says RBC's Andrzej SkibaAndrzej Skiba, RBC Global Asset Management head of US fixed income, joins 'Money Movers' to discuss the economy's most recent inflation readings, how much the labor market is weakening, and much more.

Persons: RBC's Andrzej Skiba Andrzej Skiba Organizations: Labor, RBC Global Asset Management

☆ Japan's ruling party votes to elect new leader and country's next prime minister
▼ + stars: | 2024-09-27 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

Candidates in the upcoming leadership race for the ruling Liberal Democratic Party (LDP) join hands after giving speeches for the Liberal Democratic Party presidential election in Osaka, Japan on September 18, 2024. Japan's ruling party will elect the successor to outgoing Prime Minister Fumio Kishida on Friday in a race likely to decide the next leader of the nation. Kishida had thrown the Liberal Democratic Party for a loop when he announced in August that he would not be running for its top office, effectively ending his three-year term. The party has a majority in both chambers of the legislature, effectively ensuring its chief becomes the next prime minister. Polls suggest that the favorites in the election include ex-environment minister Shinjiro Koizumi, economic security minister Sanae Takaichi and former defense minister Shigeru Ishiba.

Persons: Japan's, Fumio Kishida, Kishida, Shinjiro Koizumi, Sanae Takaichi, Shigeru Ishiba Organizations: Liberal Democratic Party, Liberal Democratic Locations: Osaka, Japan

☆ Global Entry fees are going up for the first time ever—apply before Oct. 1 to lock in the lower rate
▼ + stars: | 2024-09-27 | by ( Mike Winters | ) www.cnbc.com time to read: 1 min

Membership prices for the expedited security program Global Entry are increasing for the first time ever, from $100 to $120 for both new members and renewals, according to U.S. Customs and Border Protection. However, the price hike takes effect Oct. 1, so you can still lock in the current price by applying or renewing before then. Keep in mind that you can only renew a year in advance, so if your current membership is valid beyond October 2025, the higher fee will apply. While adults can save by renewing before Oct. 1, it's better to wait if you have kids. From Oct. 1, children under 18 will no longer have to pay the $100 membership fee.

Organizations: U.S . Customs Locations: U.S

☆ Florida homeowners still face an insurance crisis in the wake of Hurricane Helene
▼ + stars: | 2024-09-27 | by ( Erin Snodgrass | Jordan Pandy | ) www.businessinsider.com time to read: +5 min

Sky-high insurance premiums and extreme weather have already prompted some Floridians to move. But the storm calls into focus an already difficult part of living in Florida: home insurance. According to an analysis of US Census data by NBC News, around 18% of homeowners in Florida are without home insurance. AdvertisementThe amount of damage a storm causes typically affects insurance premiums. The Florida Office of Insurance Regulation estimated Hurricane Idalia — which made landfall in Florida as a Category 4 in 2023 — totaled more than $309.5 million in losses.

Persons: Helene, —, Floridians, John, Natalia, Hurricane Idalia, Mark Friedlander Organizations: Service, National Hurricane Center, NBC News, USA, California ., Sunshine State, Capital Economics, Business, Hurricanes, Dade, Insurance, Insurance Information Institute, Tampa Bay Times Locations: Florida, Florida , Georgia, South Carolina, North Carolina, California, California . Florida, Insurify, Dell Prairie , Wisconsin, Plantation , Florida, Fort Lauderdale, Florida's panhandle, Miami, Dade County, Broward County, Leon County, Tallahassee

☆ Meet the brash lawyer that everyone from Eric Adams to Alec Baldwin and Elon Musk turns to in a crisis
▼ + stars: | 2024-09-27 | by ( Matt Turner | ) www.businessinsider.com time to read: +4 min

Alex Spiro, a high-profile lawyer, is representing Mayor Eric Adams as he battles criminal charges. He's defended both Elon Musk and Alec Baldwin. The litigator is bringing his hard-charging tactics to the federal criminal case against New York City Mayor Eric Adams. The manslaughter case against Baldwin was shockingly dropped earlier this year after Spiro argued that prosecutors hid key evidence before trial. Read the full profile of Alex Spiro here.

Persons: Alex Spiro, Eric Adams, Spiro, He's, Elon Musk, Alec Baldwin, —, Adams —, Adams, Jack Newsham, who's, Jay, Robert Kraft, Thabo Sefolosha, he's, cocounsels, Baldwin, Newsham, Alex, Randy Zelin, Zelin Organizations: Elon, Business, Service, New York City, New York Police Department, Prosecutors, Turkish Airlines, BI, Harvard Law, New England Patriots, NBA, Cornell Law School Locations: New

☆ Trump set to meet Zelensky amid GOP tensions over Ukraine assistance
▼ + stars: | 2024-09-27 | by ( Jeremy Herb | ) edition.cnn.com time to read: +5 min

CNN —Former President Donald Trump and Ukrainian President Volodymyr Zelensky will meet at Trump Tower on Friday morning, according to Trump, giving the Ukrainian leader the chance to make a personal pitch to a GOP presidential nominee openly skeptical of continued US security assistance for Ukraine against Russia. Still, it’s unclear whether Zelensky can say anything to convince Trump to change his position on the Russia-Ukraine war and US security assistance. Zelensky said this week that Trump doesn’t know how to end Russia’s war on Ukraine. But an in-person meeting while Zelensky, who was in town for the UN General Assembly, appeared unlikely earlier this week. “Those cities are gone, they’re gone, and we continue to give billions of dollars to a man who refused to make a deal, Zelensky.

Persons: Donald Trump, Volodymyr Zelensky, Trump, He’s, Zelensky, ” Trump, “, Putin, ” Zelensky, Joe Biden, Kamala Harris, ” Harris, Zelensky’s, it’s, Biden, Biden –, they’re, Josh Shapiro, They’ve, Mike Johnson, Ohio Sen, JD Vance Organizations: CNN, Ukrainian, Trump, GOP, Russia, Biden, White, Democratic, White House, United Nations General Assembly, House Democrats, UN, Assembly, Republican, Democratic Gov, Republicans, Ohio, Trump Tower Locations: Ukrainian, Ukraine, Russia, November’s, Mint Hill, North Carolina, Congress, Pennsylvania, Yorker

☆ Here are our trades of the week and what's ahead for this overbought market
▼ + stars: | 2024-09-27 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +4 min

Mixed market : The S & P 500 spent Friday's session mostly unchanged as it tried for a fourth record close this week. Still frothy : The S & P Short Range Oscillator pulled back from Tuesday's most overbought reading since August. Month to date, consumer discretionary, utilities, and materials were the best-performing S & P 500 sectors. 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, he's, Vimal Kapur, Jim Cramer's, Jim, Spencer Platt Organizations: CNBC, GE Healthcare, Honeywell, Constellation Brands, Jim Cramer's Charitable, New York Stock Exchange, Getty Locations: Tuesday's, New York City

☆ 5 signs someone will be a nightmare to divorce, according to a divorce lawyer
▼ + stars: | 2024-09-27 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +6 min

A divorce lawyer said the person you marry is exactly who you'll divorce. "You divorce exactly the person you married," James J. Sexton, a divorce attorney in New York City, told Business Insider. "All you need is one unreasonable person in this equation and you're going to have an ugly divorce," Sexton said, whether it's your partner or the lawyer they hired. AdvertisementFrom his experience as a divorce attorney, Sexton shared some signs a partner will be unpleasant in divorce court. "But just remember when you divorce that person, they're not conflict-avoidant," he added.

Persons: —, James J, Sexton, They're, he's, I'm, He's Organizations: Service, Finance Locations: New York City

☆ Hurricane Helene was less horrific than Floridians feared. But Sunshine State homeowners still face an insurance crisis.
▼ + stars: | 2024-09-27 | by ( Erin Snodgrass | Jordan Pandy | ) www.businessinsider.com time to read: +5 min

Hurricane Helene made landfall in Florida Thursday, leaving less damage than initially feared. Sky-high insurance premiums and extreme weather have already prompted some Floridians to move. Multiple home insurance providers have left the state entirely, and longtime Floridians have started to get priced out of coastal towns. According to an analysis of US Census data by NBC News, around 18% of homeowners in Florida are without home insurance. AdvertisementThe amount of damage a storm causes typically affects insurance premiums.

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