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☆ Middle-class new homeowners are increasingly cost-burdened
▼ + stars: | 2024-10-14 | by ( Jasmine Cui | Jasmine Cui Is A Reporter For Nbc News. | ) www.nbcnews.com time to read: +4 min

“It used to be that if you made the median income, you could afford the median-priced house,” said Domonic Purviance, a housing expert at the Atlanta Federal Reserve. Their mortgage rate was 8.125% — above the roughly 7% national average at the time, which was hovering near 20-year highs. While that ratio is less than the cost-burdened 30% threshold, it has doubled in the area in just the last three years. From 2013 to 2023, the median annual household income in the U.S. has risen 50%, to $80,610. For example, McCue said, cost-burdened homeowners may struggle to keep up with home maintenance, leading to unhealthy or unsafe living environments.

Persons: ”, Domonic Purviance, “ That’s, Haley, Ben Williams, “, ” Ben, they’d, Daniel McCue, haven’t, It’s, McCue, “ You’re, Haley Williams, “ I’ve Organizations: Atlanta Federal Reserve, Homes, NBC, Harvard University’s, for Housing Studies, Atlanta Fed, Federal Reserve Locations: Elkhart , Indiana, Elkhart, Chicago, U.S

☆ The stock market has officially enjoyed a bull rally for over two years. So now what?
▼ + stars: | 2024-10-14 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, the stock market has officially enjoyed a bull rally for over two years. The big storyBullish on the bull marketNoam Galai/Getty ImagesHappy belated birthday to the stock market's bull rally! Stock market experts who spoke with Business Insider's Matthew Fox don't see things slowing down anytime soon . In fact, the average bull market lasts longer than five years, so we might not even be halfway to the finish line. The actual stock market is healthier, too, as it's no longer reliant on the Magnificent Seven's performance.

Persons: —, Noam Galai, Insider's Matthew Fox, Chelsea Jia Feng, we've, Alex Brandon, Jamie Dimon, Ken Griffin, he's, Republican megadonor hasn't, BlackRock, Jett Lara, Augustus Doricko, Doricko, Roblox, Natalie Ammari, Inflation's, Z's, It's Elliott Hill's, Hill, It's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Business, Service, Nasdaq, Dow Jones, Stock, Insider's, JPMorgan, Republican, Citadel, Wall, Menlo Ventures, Nike, Columbus, District of Columbia Locations: Chelsea, Ukraine, El Segundo , California, a16z, New York, it's, Italian American, London

If you're part of an online bank, transactions aren't processed on holidays. We've included a list of holidays when most banks (including the best banks in the U.S) close, plus alternatives for accessing cash if you need money quickly. Others, like TD Bank and Regions Bank, have separate pages with bank holiday schedules. Most banking transactions don't process on bank holidays, regardless of whether you use an online or brick-and-mortar bank. Transactions at brick-and-mortar banks like Chase, Wells Fargo, and Bank of America won't be processed until the next business day.

Persons: We've, Martin Luther King, Jr, doesn't, Sophia Acevedo, Sophia, Axel Springer, Education Sophia, Kit Pulliam, They’ve, Kit Organizations: Federal Reserve, Columbus, Indigenous Peoples, TD Bank, Regions Bank, Ally Bank, Bank of America, Business, Finance, Bank, Savings, Education, California State University Fullerton, National Association of Hispanic Journalists, Angeles, Pulliam, Tax, MSN, Vanderbilt University Locations: U.S, Chase, Wells Fargo, California

☆ For God, for country, for rain
▼ + stars: | 2024-10-14 | by ( Jessica Lucas | ) www.businessinsider.com time to read: +24 min

It's 9:30 a.m., and Augustus Doricko, the mulleted 24-year-old founder of the cloud-seeding company Rainmaker, is clutching a coffee. There's a long way to go before cloud seeding becomes a viable option for solving one of humanity's many self-made crises. El Segundo, population 17,272, has long been a bastion of American engineering, home to aerospace and defense giants like Boeing and Raytheon. Jett Lara for BIThe burning happens every Friday around 8 p.m. at a bonfire on El Segundo Beach. One of Doricko's goals is to build a church in El Segundo to "share the grace of God with other people."

Persons: Augustus Doricko, Bruno Mars, Doricko, Jessica, I'd, Jesus, He'd, that's, Rainmaker, Lauren Sánchez, Jett Lara, Billy Ray Cyrus, God, Augustus Doricko Doricko's, Cameron Schiller, Augustus, Schiller, El, That's, it's, El Segundo, Elon Musk, Isaiah Taylor, Doricko's, Taylor, Rob Coutts, —, Jesus of Nazareth, Zer, he'd, Jason Flynt, Flynt, Terra, Michael Gibson, Sarah Tessendorf's, messaged Gibson, Michael, Gibson, Thiel, Peter Thiel, I'm, Katja Friedrich, Friedrich, Friedrich isn't, Jonathan Jennings, Kaitlyn Suski, dumbbells, Jackson Schultz, Elijah, birdsong, Schultz, We're, coffees, Mankind Organizations: MGM, Association, Aspen Ideas, Global Initiative, BI, El, Boeing, Raytheon, Space Industries, Chevrolet, Stamford Yacht Club, New Zealand, University of California, BI Doricko, drillers, Terra Seco, Thiel Foundation, Terra, tech's, Weather Locations: Vegas, Tennessee, El Segundo, Los Angeles, America, Silicon, Santa Clarita, Rainmaker, Beijing, Colorado, California, Smoky, El Segundo Beach, North Carolina, Texas, Stamford , Connecticut, New, Costa, Berkeley, Christianity, Fort Worth , Texas, Terra Seco, drawdowns, Lake Mead, Las Vegas, Phoenix, Juul, Fresno, San Jose, Dubai, UAE, Midwest, West Texas, New Mexico , Arizona , Nevada, Amsterdam, Milan

☆ Stripe, Wise founders want a 'tech renaissance' in Europe to help region rival Silicon Valley
▼ + stars: | 2024-10-14 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Founders of some of Europe's largest technology unicorns on Monday backed an open letter calling for a "tech renaissance" fueled by the creation of a single pan-European entity to promote startups and innovation in the bloc. But because of that, our startup scene is fragmented," read the open letter, which was published Monday on a newly created website for the EU Inc initiative. This results in "stifled momentum, unrealized potential, and an artificial limit on our startups' chances of success." So-called 28th regimes are proposed legal frameworks within the EU that offer an alternative to member states' own national rules instead of replacing them. The new structure of EU Inc would "standardize investment processes, simplify cross-border operations, and create a unified employee stock options framework" to help European startups scale rapidly and attract more capital, according to a Monday press release.

Persons: Patrick Collison, Hinrikus, Eléonore Crespo, Ilkka Paananen, Miki Kuusi Organizations: EU Inc, Inc, EU, Wolt Locations: Europe, EU, Finnish

☆ Russia pitches trading centers in a widening plan to move away from the US-dominated global financial order
▼ + stars: | 2024-10-14 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

Russia is proposing alternative payment systems and commodity centers. Challenges include entrenched dollar dominance and existing global trading systems' liquidity. Other than championing alternative payment systems based in non-dollar currencies, Russia is also pitching the set-up of centers for mutual trade in commodity resources. Moving BRICS trade to trading centers within the bloc would also involve the use of local currencies and facilitate a move away from using the dollar for trade, according to the document. Russia faces an uphill battle in changing the basics of dollar-dependent financial trading systems.

Persons: —, Yakov, Brent Organizations: Service, Russia's Finance Ministry, Partners, Tass, Chicago Mercantile Exchange, Grain, country's Agriculture Ministry, Brent, International Monetary Fund Locations: Russia, Moscow, Ukraine, Brazil, India, China, South Africa, Russian, Pakistan, Kazan, masse, Scotland

☆ I'm on track to retire at 45. I started my career earning only $26,000 and followed this 4-phase plan.
▼ + stars: | 2024-10-14 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +8 min

Cole transitioned from a $26,000 salary to planning to retire at 45 through four phases. In 2012, I got my first job out of college as a social worker, earning $26,000. I moved into a part-time consulting role for my old company and went all-in on building out my financial coaching business, Money Essentials for Women. I've set myself up to retire at age 45 in 10 years, but transitioning from a $26,000 salary to an early retirement plan came in phases. I'm setting up additional income sources to make money when I'm not actively working on them.

Persons: Annie Cole, Cole, —, I've, isn't, it's, I'm, doesn't, you'll, Lauryn Haas Organizations: Service, Women, IRA, FIRE, Independence, lhaas Locations: Vancouver , Washington, asynchronously

“The overall trend is unmistakable: The far right is gaining ground,” said Matthijs Rooduijn, a politics professor at the University of Amsterdam. But recent elections have seen the far right increasingly usurp centrist conservatives as the main right-wing force. “But that potential upper limit just keeps increasing.”The far right is “no longer second fiddle to the main right-wing party. Centrists can sometimes cobble together coalitions to keep out the far right — even if those parties are smaller individually. Whereas in France, Le Pen was kept from victory in June-July parliamentary elections by an intricate network of tactical voting between erstwhile rivals.

Persons: Donald Trump, remigrate, Geert Wilders, ”, Matthijs Rooduijn, ” Wilders, “, Le Pen, Wilders ’, Le, ” It’s, Björn Höcke, Jens Schlueter, Nadia Urbinati, Markus Wagner, ” Wagner, Jordan Bardella, Benjamin Girette, Herbert Kickl Organizations: U.S, Austria’s Freedom Party, NBC News, France’s National, Marine, University of Amsterdam, University of Georgia, London, Dutch Party for Freedom, France “, jihadists, NBC, Germany, Nazi, Ukraine —, Columbia University, Labour Party, ”, University of Vienna, France’s Rassemblement National, Bloomberg, Getty, Austrian People’s Party Locations: Germany, European, Europe, East, North Africa, France, Britain, “, Austria

☆ Insider Today: Hallways are disappearing
▼ + stars: | 2024-10-12 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +7 min

This post originally appeared in the Insider Today newsletter. 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 . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. More of this week's top reads:AdvertisementThe Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.

Persons: —, Chelsea Jia Feng, Imani Bashir, it's, Bashir isn't, They've, Rebecca Zisser, Issa Issa Rae, Issa Rae, There's, Rae, Issa Rae's, Cate Blanchett, Kevin Kline, Menendez, Ryan Murphy, Jose, Kitty Menendez, Lyle, Erik, Abbott, Dan DeFrancesco, Jordan Parker Erb, Lisa Ryan, Amanda Yen, Grace Lett Organizations: Business, Service, BI, DC, Getty, HBO, Apple, Netflix, ABC Locations: Mexico, Washington, Hulu, New York City, New York, Chicago

☆ A portfolio manager at a $21 billion firm warns the odds of a recession have risen to 40% from 20% as inflation and geopolitical concerns surge — and shares where he's investing
▼ + stars: | 2024-10-12 | by ( Christine Ji | ) www.businessinsider.com time to read: +5 min

Zehrid Osmani, a portfolio manager at the $21 billion investment manager Martin Currie, has actually increased his recession odds. US-China tensions are escalating over Taiwan, home to the world's largest semiconductor foundry, Taiwan Semiconductor Manufacturing Company. Osmani sees what he calls "seismic thematic shifts" in these areas. And Osmani sees potential for parts of the market driving the energy transition, such as alternative energy and electric vehicles. AdvertisementHis top picks include Nvidia (NVDA), Microsoft (MSFT), chemical company Linde plc (LIN), and industrial manufacturing company Atlas Copco (ATLKY).

Persons: Martin Currie, —, Goldman Sachs, Jan Hatzius, Zehrid, Currie, hasn't, Osmani Organizations: Service, Technology, Taiwan Semiconductor Manufacturing Company, Semiconductors, Nvidia, Microsoft, Linde, LIN, Atlas, Martin Currie Global Portfolio Trust Locations: Europe, Russia, Ukraine, Israel, China, Taiwan

The prospect of installing a new roof atop Tropicana Field comes at a difficult time for local governments, which are already committed to building a new Rays stadium in time for the 2028 season. So whatever investment is put into Tropicana Field now would be used by the Rays for only three more seasons. A rep for the company that installed the stadium’s roof, Geiger Engineers, did not return messages from NBC News seeking comment Thursday. That roof was “well past its intended service life,” Geiger Engineers principal David Campbell told the newspaper. Tropicana Field opened to the public in 1990 and still had its original roof.

Persons: Councilmember Gina Driscoll, Ann Heisenfelt, Emily Guglielmo, Guglielmo, ”, David Campbell Organizations: Tropicana Field, Tampa Bay Rays, MLB, Rays, Tropicana, NBC, Minnesota Vikings, St, American Society of Civil Engineers, Committee, Colorado Rockies, Geiger Engineers, The New York Times, ” Geiger Engineers Locations: Hurricane Milton, St, Petersburg, Tampa Bay, Minneapolis, California, America

CLEARWATER, Fla. — Two days after Hurricane Milton flooded The Standard at 2690 Apartments, representatives from the company that manages the 16-acre complex showed up Friday and barred tenants from returning to their homes. Before Milton arrived, McCoy said she noticed a maintenance worker boarding up the complex’s leasing office. "My neighbors ended up doing it for me.”As for the property managers, McCoy said, “They just were out like that. Police at the complex told reporters they rescued at least 500 other residents the same way. Samantha Hood, 32, who has lived at the complex for four years, said many of the tenants are poor families with children who live paycheck to paycheck.

Persons: Milton, We’ll, ” Angela Lentsch, Lentsch, Jas McCoy, McCoy, “, ”, couldn't, Kelvin Glenn, ” Glenn, Glenn, Sandra, Samantha Hood, Hood, Matt Lavietes, Corky Siemaszko Organizations: Infinity, NBC, Police Locations: CLEARWATER, Fla, Lentsch, Siesta, Clearwater, Florida, Old Tampa, Pinellas County, Bay Harbor, Montclair , N.J

Her case is far from unique, however: Hospitals across the United States have said they’re taking steps to conserve their supply of IV fluids, including postponing or canceling nonemergency surgeries. IV fluids do more than deliver drugs or electrolytes directly into a patient’s bloodstream. On Monday, the AHA urged President Joe Biden to declare a nationwide emergency over the limited supply of IV fluids. She’s been dependent on IV nutrition, which delivers nutrients directly into her bloodstream, for more than eight years. Hannah Hale, in 2016 on her first day home after a long hospitalization, with her TPN, or IV nutrition.

Persons: Yvonne Hemz, Abbott Northwestern, Hurricane Helene, Hemze, hasn’t, ”, They’re, Chris DeRienzo, Joe Biden, Hannah Hale, Baxter, Hale, She’s, “, ” Hale, It’s, won’t, ASPR, Alli Longenhagen, Kabi, they’ve, Paul Biddinger, Brigham, Robert, Robert —, —, I’m Organizations: Baxter International, NBC News, Health, Abbott Northwestern, Allina Health, Gatorade, American Hospital Association, AHA, The New York Times, NBC, Food and Drug Administration, U.S, FDA, Administration, Strategic Preparedness, Department of Health, Human Services, Braun, Mass Locations: Farmington , Minnesota, North Carolina, United States, U.S, Dallas, Canada, China, Ireland, United Kingdom, Hale, Daytona Beach , Florida, Hurricane Milton, Boston, Chicago

DUBAI, United Arab Emirates — Bracing itself for a retaliatory strike for last week’s ballistic missile attack, Iran has been urging its Arab neighbors not to allow Israel to use their airspace as part of any potential attack, two diplomats from Gulf nations told NBC News Friday. Israel has vowed to respond to the strikes and while the nature and timing of the attack remain unclear, Iran warned countries that do help Israel in any way could potentially become part of a war, one of the diplomats said. His death came days after several Hezbollah leaders were killed by exploding pagers and walkie-talkies, an attack which Israel was widely believed to have been behind. Both militant groups are backed by Tehran and Pezeshkian has portrayed Iran as “exercising restraint” because it waited for two months after Haniyeh's death before launching the attack on Israel. NBC News has reached out to the Israel Defense Forces for comment but has not received a response.

Persons: Israel, Masoud Pezeshkian, Abbas Araghchi, Araghchi, Prince Mohammed bin Salman, Pezeshkian, Vladimir Putin, Sameh Khadr Hassan Al, Ismail Haniyeh, Hassan Nasrallah, Haniyeh, Nasrallah, Joe Biden, Benjamin Netanyahu, Yoav Gallant, Biden, Rasoul, Ayatollah Ali Khamenei, ” Biden, Abu al, Askari, Matthew Savill, wouldn’t, ”, Israel “ Organizations: NBC, Gulf Cooperation Council, United, United Arab Emirates, U.S, European Union, West Bank, Israel, AFP, Getty, Israeli, Iran’s, Hezbollah, Military Sciences, Royal United Services Institute, NBC News, Israel Defense Forces Locations: DUBAI, United Arab Emirates, Iran, Israel, Jordan, United Arab, Washington, Qatar, Saudi Arabia, Ashgabat, Russian, United States, Tehran, Syria's, Damascus, Brig, Gen, Fars, Iraq, U.S, London, Gaza, Lebanon, Beirut, Deir el

☆ Novo and Eli contender Zealand Pharma heralds its obesity drug alternative: It's our 'crown jewel'
▼ + stars: | 2024-10-11 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +4 min

Jaap Arriens | NurPhotoDanish biotech Zealand Pharma is targeting the "next generation" of weight loss drugs as competitors pile into a market dominated by heavyweights Novo Nordisk and Eli Lilly . Last month, Zealand Pharma announced positive top-line results from a phase 1b trial of its weight-loss drug, a GLP-1/GLP-2 receptor dual agonist called Dapiglutide. Stock Chart Icon Stock chart icon Zealand Pharma. Novo Nordisk is also experimenting with its own version of the treatment, combining the GLP-1 component Semaglutide with amylin analog Cagrilintide in a candidate called CagriSema. Syringes from weight loss drugs "Wegovy," "Ozempic" and "Mounjaro."

Persons: Jaap Arriens, Eli Lilly, Adam Steensberg, Steensberg Organizations: Zealand Pharma, Novo Nordisk, CNBC, pharma, Nordisk, Union, Getty Locations: U.S

☆ What internet data brokers have on you — and how you can start to get it back
▼ + stars: | 2024-10-11 | by ( Barbara Booth | ) www.cnbc.com time to read: +17 min

Inside data brokers' massive vaultCybersecurity experts estimate that data brokers collect an average of 1,000 data points on each individual with an online presence. Little oversight around data privacyThe lack of comprehensive regulation around data privacy allows data brokers to operate with little oversight, unlike the General Data Protection Regulation (GDPR) in the European Union. Opt-out links and instructions are readily available for most of the major data brokers: ExperianTransUnionLexisNexisEpsilon But data privacy experts says reclaiming or deleting your data from brokers can be a deliberately complex process that is not only time-consuming but frustrating. "With AI, data brokers will create even more detailed and predictive profiles, incorporating everything from biometric data to behavioral tracking," Abed said. Until regulation steps in, data brokers will continue to collect as much data as possible.

Persons: Pew, Arjun Bhatnagar, Roger Grimes, Jeff Chester, Chester, I'm, Bruno Kurtic, Chris Henderson, Chelsea Magnant, Rob Hughes, Kurtic, Cloaked's Bhatnagar, Henderson, Javad Abed, Abed Organizations: Pew Research, Social, LexisNexis, Epsilon, OneRep, Center for Digital Democracy, D.C, Bedrock Security, National Security Agency, CNBC, Data Protection, European Union, NYU's Center for Global Affairs, Brunswick, RSA, U.S, Consumers, Consumer, Engage, Federal Trade Commission, FTC, Johns Hopkins Carey Business School Locations: Washington, California, U.S, Chester

☆ OpenAI's AI-adjusted earnings numbers have echoes of Groupon and WeWork
▼ + stars: | 2024-10-11 | by ( Alistair Barr | ) www.businessinsider.com time to read: +6 min

Is it OK for an AI company to exclude the cost of training its AI models when it reports earnings? Related storiesFor an AI company like OpenAI, training models will be an ongoing process. The world is constantly evolving, and new data is being generated, which will have to be incorporated into AI models' understanding. Let's call it "AI adjusted earnings" for an AI company. They are a private company," McKenna said.

Persons: we've, Francine McKenna, McKenna, OpenAI, It's, Groupon, WeWork Organizations: Google, Facebook, MarketWatch, Revenue, Big Tech, KPMG Consulting, SAP, Oracle, Securities, Exchange Commission, SEC Locations: It's

☆ Urban Outfitters admits it doesn’t know how to sell to Gen Z. Now it wants to pull off an Abercrombie-like turnaround
▼ + stars: | 2024-10-11 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +6 min

Urban Outfitters, the young adult retailer known for its alternative, vintage-inspired styles, learned this the hard way. Urban Outfitters is now staging a turnaround, with the ambition of finding the success of rivals like Abercrombie & Fitch. But while Urban Outfitters may be trying to pull off a turnaround at the same scale is Abercrombie’s, the action points of both differ. Urban Outfitters, meanwhile, has maintained its youthful appearance without doing enough to market toward the high schoolers and college students of today. Urban Outfitters did not return a request for comment on the marketing strategy behind the lower prices.

Persons: ” Shea Jensen, Jensen, —, ” Simeon Siegel, “, ” Siegel, Brandon Bell, Fitch, Jacqueline Babb, Abercrombie, ” Jensen, Urban, Z, Price Organizations: New, New York CNN, Gen, Urban Outfitters, Abercrombie, Fitch, Urban Outfitters Brand, Free People, BMO Capital Markets, Getty, Urban, Northwestern University, CNN, Netflix Locations: New York, millennials, North America, Barton, Austin , Texas, today’s

Valued at $4 billion in 2021, Cerebras is reportedly seeking to roughly double that in its IPO. The customer, G42, is backed by Microsoft , and it's entirely responsible for the $1.43 billion purchase commitment. G42 can pick up $500 million more in Cerebras shares if it commits to spend $5 billion on the company's computing clusters. The major Wall Street banks, for their part, are finding other ways to play in the burgeoning AI infrastructure market. Fitch, who said he sold out of his Nvidia stock years ago, told CNBC that the benefits outweigh the risks.

Persons: Andrew Feldman, Ramsey Cardy, Cerebras, —, David Golden, it's, prepayment, CFIUS, Mike Gallagher, Gina Raimondo, Goldman Sachs, Morgan Stanley, JPMorgan Chase, Young, There's, Peter Thiel, Eva Marie Uzcategui, there's, Thiel, Jim Fitch, Fitch, Feldman Organizations: Cerebras Systems, Nvidia, Revolution Ventures, JPMorgan Chase, Microsoft, AstraZeneca, GlaxoSmithKline, Mayo Clinic, Treasury, Foreign Investment, Reuters, Chinese Communist Party, JPMorgan, Citigroup, Barclays, BDO, KPMG, Deloitte, Ernst, Riverstone Networks, CoreWeave, Clarium Capital Management LLC, Bloomberg, Getty, Mizuho Securities, Venture, CNBC, Devices Locations: Toronto, U.S, Sunnyvale , California, Abu Dhabi, China, Miami , Florida, Los Angeles, Florida

☆ A social-calendar app that helps friends sync their schedules and make plans raised $8 million. Read its pitch deck.
▼ + stars: | 2024-10-11 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +3 min

Howbout is a social-calendar app that wants to help friends make plans. The UK-based startup raised an $8 million Series A led by Goodwater Capital. "That person — and it's usually she — is so powerful in her friendship group," Howbout CEO Neil Tanna told Business Insider. Howbout is approaching 5 million users, Tanna said, and is currently ranked No. Read the 12-page pitch deck that Howbout used to raise its $8 million Series A:Note: Some slides have been edited and details have been redacted to share the document publicly.

Persons: —, Neil Tanna, Goodwater Capital's, Chien, Tanna, it's, Howbout Organizations: Goodwater Capital, Service, Friendship, Apple, Tinder, Sony Music

☆ Here are Friday's biggest analyst calls: Nvidia, Tesla, Ferrari, Meta, Amazon, Eli Lilly, Walmart, Uber & more
▼ + stars: | 2024-10-11 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Goldman Sachs reiterates Nvidia as buy Goldman raised its price target to $150 per share from $135 following a series of Nvidia management meetings. Morgan Stanley names Atlassian a top pick Morgan Stanley named Atlassian a top idea and says the software company is well positioned for share gains. Morgan Stanley reiterates Eli Lilly as overweight Morgan Stanley raised its price target on the stock to $1,158 per share from $1,106. JPMorgan reiterates Amazon, Uber and Meta as top picks JPMorgan said in a note on Friday that Amazon, Uber and Meta were the firm's top three picks heading into earnings. JPMorgan upgrades Ferrari to overweight from neutral The firm says it's more constructive on the luxury automaker following a series of management meetings.

Persons: Wells, Redburn, Mercado, Morgan Stanley downgrades Qorvo, Morgan Stanley, Goldman Sachs, Goldman, Jensen Huang, Colette Kress, Stewart Stecker, Atlassian, Eli Lilly, LLY, Mizuho downgrades Mobileye, Kinder Morgan, it's bullish, Benedetto Vigna, Investor Relations Aldo Benetti, Tesla, Guggenheim Organizations: Bank of America, Broadcom, TAM, UBS, Devices, Mercado Libre, Nvidia, Pharma, Mizuho, JPMorgan, Meta, of America, Ferrari, Investor Relations, Netflix, Guggenheim, Walmart Locations: America, OW, China

☆ Breanna Stewart seeks redemption in second straight WNBA Finals apperance
▼ + stars: | 2024-10-10 | by ( Rohan Nadkarni | Rohan Nadkarni Is A Sports Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

New York Liberty star Breanna Stewart has a golden opportunity to complete her redemption tour as the franchise aims for its first championship when the WNBA Finals tip off Thursday. The Liberty lost to the Las Vegas Aces in the Finals last year, Stewart’s first season with the team. 1 overall pick, struggled during the postseason run, averaging career playoff worsts in points per game and field-goal percentage. She especially struggled in the championship round, averaging only 16.3 points per game on 36.2% shooting from the field. “No matter what, it’s a really tough time,” Stewart said the night New York clinched a Finals berth.

Persons: Breanna Stewart, Stewart’s, Stewart, Becky Hammon, ” Hammon, Las, Kelsey Plum, it’s, ” Stewart, Marta, ”, Stewart —, Napheesa Collier, Collier, A'Ja Wilson, “ We’re, “ Organizations: New York Liberty, WNBA, Liberty, Las Vegas Aces, New, Las, Aces, York, Seattle Storm, Minnesota Lynx, Lynx, Connecticut Huskies, Paris Olympics Locations: Las Vegas, Minnesota Lynx . New York, Minnesota

Learn moreThe October Prime Day event is almost over, and there are only a few hours left to get the best Amazon Prime deals. Below, we've compiled the 100+ best Prime Day deals you can get right now. Tech and gaming Prime Day dealsWhether you're an Apple aficionado looking for a good deal or a gamer yearning for a PS5, Prime Day has you covered. View at AmazonFor more highlights of Prime Day sales on Amazon products, check out our roundups of the best Prime Day Fire TV Stick deals and best Prime Day Amazon Echo deals. You can find the top sales in our guides to the best women's Prime Day clothing and shoes, men's Prime Day clothing and shoes, and Prime Day coach bags.

Persons: we've, there's, Bose, Apple, We've, it's, shams, Dyson, OmniForce, Bissell, Ashley Caitbrook, Ashley, you've, recyclables, callouts, Dyson Airwrap, ”, Gabrielle Chase, “, wardrobes, Tabby, clogs, Pullover Organizations: Business, Amazon Prime, Apple, Samsung, PlayStation, LG, Amazon, Apple AirPods, Amazon Bose, Amazon LG, Tech, Sony, Google, Slim, Air, MacBook, Amazon Apple, Amazon Samsung Galaxy Watch, Galaxy Watch, Garmin, Amazon Samsung, Galaxy, Alexa, Kindle, Casper, Pillow, Dyson, Upright, Bissell, AMD, futon, Amazon Philips, Chatelet Air, DELTA, Delta, Philips, Adidas Locations: Amazon, Keurigs

Get Life Insurance Quotes Compare affordable life insurance options with Policygenius. Mutual of Omaha Indexed Universal Life Insurance: Another type of permanent life insurance, indexed universal life insurance policies carry flexible, lifelong coverage. Compare Mutual of Omaha Life InsuranceLearn more about how Mutual of Omaha Life Insurance compares to top life insurance providers. Mutual of Omaha Life Insurance vs. New York LifeQualifying New York Life Insurance customers can convert its policies to permanent life insurance. Mutual of Omaha Life Insurance FAQDoes Mutual of Omaha offer life insurance for seniors?

Persons: you'd, Hannah Van, Sickle, Hannah, Read, Evelyn Organizations: Mutual, Business, Omaha Life Insurance, Nebraska's Creighton University, Fortune, Insurance, Omaha Life, Get, Policygenius, Cons Mutual, Express, Omaha Universal Life, Life Insurance, Better, National Association of Insurance, Farm, Nationwide, York, York Life, New York Life, Plus, New York, . Northwestern Mutual Northwestern Mutual Life Insurance, Northwestern Mutual, Globe, Globe Life, Life, Chevron, Omaha, Berkshire, Berkshire Edge, Personal Finance Locations: Omaha, New, New York, York, Chevron, CA, LA, NH, NY, NC, WI, Berkshires, Massachusetts, Refinery29

☆ Why the U.S. government is investigating Google
▼ + stars: | 2024-10-10 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com time to read: +3 min

Google, the online search and digital ad goliath, is the first U.S. tech giant to land in federal court fighting antitrust concerns in decades. Google controls an estimated 88% of the market for general search online, according to the August opinion from Judge Mehta. And late in 2023, a jury delivered a guilty verdict against Google in a trial about business practices related to the Google Play app store. In September 2024, Epic filed an additional antitrust lawsuit against Google and Samsung, alleging that the company continued to use its monopoly power to unfairly harm competition. Watch the video above to see why the U.S. government is investigating Google.

Persons: Amit Mehta, Judge Mehta, Bing, Lee Hepner, Nikolas Guggenberger, Gene Munster Organizations: Google, U.S, District of Columbia, Justice Department, American Economic Liberties, Epic Games, Samsung, University of, Deepwater Asset Management, CNBC Locations: U.S

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