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Swift is scheduled to play the Tokyo Dome in the Japanese capital from February 7 to 10, leaving her little time – given the long-haul flight and large time difference – to get back for the Super Bowl at Allegiant Stadium in Las Vegas on February 11. Still, as the Japanese Embassy’s statement shows, Taylor-mania is hardly confined to the NFL or even America. In Asia, the singer sparked a ticketing frenzy after announcing that she would be playing six shows in Singapore and four in Tokyo. So fierce has the competition been that fans have taken to calling it the “Great War” for tickets. After her Tokyo shows – and hopefully for fans, an appearance in Vegas – Swift is expected to return overseas for seven shows in Australia.
Persons: Taylor Swift, Travis Kelce, Swift, Taylor, Kelce, , , , Vegas – Swift Organizations: CNN, Super, Embassy, Tokyo, Chiefs, Kansas City Chiefs, San Francisco 49ers, NFL, Chicago Bears, Singapore Locations: Washington, Las Vegas, Tokyo, Las Vagas, Japan, , America, Asia, Singapore, Vegas, Australia
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 29, 2024. One is energy prices — will the trouble in the Middle East be a transmission into higher energy prices, or the war in Eastern Europe? Not really, if you look at how energy prices have developed," he told CNBC's "Squawk Box Europe" on Tuesday. watch nowHe added that markets had "gotten used to trouble in geopolitics" over the last five years, so the impact on asset prices of any further bad news would be somewhat limited. Wittmann acknowledged that risk, but remains bullish about broader upside potential in stocks.
Persons: Brendan Mcdermid, Beat Wittmann, Wittmann, CNBC's Organizations: New York Stock Exchange, Porta Advisors, Federal Reserve, Fed Locations: New York City, U.S, Eastern Europe, Covid, Suez, Israel, Ukraine
The latter would likely please the dads, Brads and Chads of the world, who have taken issue with the attention being paid to pop star Taylor Swift when she attends NFL games to see her boyfriend Travis Kelce in action. “We wouldn’t give any direction to our broadcasters along the lines of, ‘we need more Taylor Swift or we need less Taylor Swift,’” Riethmiller told CNN. Taylor Swift and Blake Lively at MetLife Stadium in New Jersey in October. It’s true that NFL games are the most-watched shows on television, with or without Swift. They’re asking me about Taylor Swift.”Kansas City Chiefs fans hold up a Taylor Swift sign during at Arrowhead Stadium in Kansas City in December.
Persons: Taylor Swift, Travis Kelce, Swift, ESPN –, Alex Riethmiller, ” Riethmiller, “ It’s, Blake Lively, Kevin Sabitus, , Kelce’s, Jason Kelce –, Peacock, Patrick Mahomes, Josh Allen, Taylor, Richard Deitsch, “ That’s, Kelce, , ” Kelce, ” Swift, Tiki Barber, WFAN’s “ Evan, Tiki, ” Adam Teicher, “ They’re, Pat Mahomes, William Purnell, ” Jeff Fellenzer, It’s, ” Fellenzer Organizations: CNN, Kansas City Chiefs, Baltimore Ravens, AFC Championship, Chiefs, , NFL, CBS, NBC, FOX, ESPN, Bills AFC Divisional, New York Jets, MetLife, Bills, Philadelphia Eagles, Nielsen, year’s Cowboys, 49ers, Ravens, Texans, Buccaneers, Lions, Packers, Globe, The Athletic, Gotham, Arrowhead, Sunday’s AFC Divisional, New York Giants, ESPN’s Kansas City Chiefs, ” Kansas City Chiefs, Game Broadcasters, Super, Practice, Business, Media, USC Locations: New Jersey, New York, , Kansas City, ESPN’s, Tokyo
Everyone is losing their minds over Stanley Cups, a mashup of an oversize cup and water bottle. AdvertisementIf you've been on any corner of the Internet recently, you've encountered them: The Stanley Cups . As Stanley mania peaks , I am here to weigh in: I love my Stanley Cup, and all of you need to chill out. AdvertisementI admit that the internet and influencers are partially the reason I have a Stanley Cup in the first place. Some fans are amassing huge Stanley Cup collections, like the influencers who showcase rows of colorful, giant cups .
Persons: Stanley, , you've, They're, it's, Stanley —, that's, I've Organizations: Service, CNBC, tote
Read previewI'm not sure it's hyperbole to say that Stanley cups — the colorful 40-ounce water vessels — are tearing apart the fabric of our society. The Cut reports that Stanleys have become the new status symbols for middle school girls. AdvertisementLewis's prediction seems spot-on: The cup is now the hot item for middle school girls — a demographic not exactly known for kind behavior if you deviate from the norm. Middle school is when kids can be ruthless about who has or doesn't have some arbitrary status symbol, whether it's Uggs or folding the waistband of your gym shorts the right way. (Back in MY day, we — gasp — used the school water fountain).
Persons: , Stanley, Julia Reinstein, Stanley Quenchers, Gen Alpha, Matt Fowler KC, Z, Casey Lewis, Gen Zers, Jamie Sherman, Sherman, it's, Gen, 🥶🥶 Organizations: Service, Business, Target, Stanley, Gen, Gen Alpha Locations: New Hampshire, Dallas
2023 wasn't a good year for the health-care sector, but some investors expect it to make a comeback this year — highlighting biotech and medical tech as areas to watch. But now, Citi believes that "astute investors may find themselves with a trove of rebound opportunities." Citi's top picks in biotech include Biomea Fusion , Alnylam Pharmaceuticals , and Immunovant . Jared Holz, health-care sector strategist at Mizuho Securities Americas, named biotech firm Biogen as one of his top trading ideas for 2024. "Biotech has commanded everyone's attention, but the recovery of many best-in-class medical device companies post the GLP-1 selloff has been remarkable," Orton said.
Persons: There's, Jared Holz, Biogen, Trent, medtech, Matt Orton, Orton Organizations: Citi Global Wealth Investments, U.S . Healthcare, Citi, Biomea, Alnylam Pharmaceuticals, Mizuho Securities Americas, Biogen, medtech, Raymond James Investment Management, Medical, Biotech, Abbott Laboratories Locations: U.S, Alphinity, medtech
Asset managers, as well as investors, have been hoping for a spot bitcoin ETF for more than a decade. The reluctant approval from the SEC follows many years of rejections and delays of various attempts to launch a spot bitcoin ETF for public investing. After that legal ruling, money managers had significant confidence heading into 2024 for this spot bitcoin ETF vehicle to come to fruition. The trade In order to express my bearish view on bitcoin, I will use COIN as a proxy to bitcoin. I can hedge my long bitcoin exposure, define my risk in the trade, and also reduce hedging costs.
Persons: bitcoin Organizations: SEC Locations: United States
The company's stunning progress garnered the love of Wall Street, with analysts upping their price targets on the stock to account for future growth and naming it among their top AI picks. Nvidia's 'iPhone moment' Few could have predicted the frenzy ChatGPT would create when it debuted in late 2022, but no company could have been better prepared for the excitement than Nvidia. What to expect in 2024 Many on Wall Street don't foresee Nvidia hype dying down in the new year. In fact, many investors expect shares to keep rising as long as the company can smash expectations and guide higher. That's a feat many on Wall Street expect the company to accomplish, with the consensus price target implying another 35% upside for shares, according to FactSet.
Persons: Paul Meeks, Karl Freund, Freund, They've, Kim Forrest, Meeks, there'll, Ken Mahoney, Forrest, they've Organizations: Nvidia, Devices, Research, Bokeh Capital Partners, Intel Locations: Nvidia's
WASHINGTON (AP) — Federal regulators are investigating ExxonMobil's $60 billion deal to acquire a Texas oil company in what would be one the largest mergers in the energy industry in two decades, according to securities filings. The Federal Trade Commission, which enforces federal antitrust law, has asked for additional information from the companies about Exxon’s proposed acquisition of Pioneer Natural Resources. Exxon reported $9.1 billion in profits in the quarter that ended Sept. 30, while Chevron reported $6.5 billion in profits. Exxon has said the proposed deal with Texas-based Pioneer Resources would enhance U.S. energy security and benefit the American economy and consumers. Chevron said its proposed deal with New York-based Hess would strengthen long-term performance while “delivering higher returns and lower carbon” dioxide emissions that contribute to global warming.
Persons: Chuck Schumer, Schumer, Hess, Exxon, Alex Witt, Witt Organizations: WASHINGTON, , Federal Trade Commission, Natural Resources, FTC, Exxon, Pioneer, Hess Corporation, Chevron, Justice Department, Resources, Climate, Center for American Progress Action Fund, League of Conservation Voters, Sierra Club Locations: Texas, Chevron, Ukraine, New York
The world also said goodbye to former U.S. Secretary of State Henry Kissinger, who died Nov. 29. Political Cartoons View All 1277 ImagesAnother political figure who died this year was former U.S. first lady Rosalynn Carter, who died Nov. 19. Among the entertainers who left the world this year was singer Tina Turner, who died May 24. Here is a roll call of some influential figures who died in 2023 (cause of death cited for younger people, if available):___JANUARY___Fred White, 67. A Hall of Fame forward who helped the Chicago Blackhawks win the 1961 Stanley Cup Final.
Persons: Wagner, Yevgeny Prigozhin, Prigozhin, Vladimir Putin’s, Henry Kissinger, Rosalynn Carter, Jimmy Carter, Silvio Berlusconi, Dianne Feinstein, James Buckley, James Abourezk, Nigel Lawson, Pervez Musharraf, Sandra Day O’Connor, Li Keqiang, Martti Ahtisaari, United Nations Bill Richardson, Gov, Sheila Oliver, Theodoros Pangalos, Tina Turner, Ike Turner, Suzanne Somers, Matthew Perry, Raquel Welch, Richard Belzer, Chaim Topol, Jacklyn Zeman, Lance Reddick, Alan Arkin, Paul Reubens, David McCallum, Richard Roundtree, Tom Sizemore, Jimmy Buffett, Sinéad O’Connor, Rita Lee Jones, Burt Bacharach, David Crosby, Fito Olivares, Ryuichi Sakamoto, Astrud Gilberto, Coco Lee, Tony Bennett, Harry Belafonte, Cormac McCarthy, William Friedkin, Bob Barker, Jerry Springer, Louise Glück, Jeff Beck, Mary Quant, Kaija Saariaho, Lloyd Morrisett, Fred White, Maurice, Verdine White, Ken Block, Walter Cunningham, Fay Weldon, ” Jan, Russell Pearce, Charles Simic, Lynette “ Diamond ” Hardaway, Donald Trump, Diamond, Constantine, Jan, Tatjana Patitz, George Michael’s, Lisa Marie Presley, Elvis Presley, Robbie Knievel, Evel Knievel, Ray Cordeiro, Elmo, Cookie, Gina Lollobrigida, Chris Ford, Crosby, Stills, Nash, Young, Cindy Williams, Shirley, “ Laverne, Billy Packer, Sylvia Syms, Alex ”, Barrett Strong, Norman Whitfield, “ Papa, Rollin ’ Stone, Tom Verlaine, Patti Smith, Bobby Hull, Paco Rabanne, Harry Whittington, Dick Cheney, Hsing Yun, , San Jose ”, Carlos Saura, Spain’s, Hugh Hudson, Oscar, “ Greystroke, Hans Modrow, David Jude Jolicoeur, Huey “, ” Smith, Little Richard, Lloyd Price, , Leiji Matsumoto, Yamato ”, Tim McCarver, Stella Stevens, Jerry Lewis’s, John Munch, Ahmed Qureia, Betty Boothroyd, Ricou Browning, Gill, Gérard Latortue, Fontaine, Barbara Everitt Bryant, Ryan ”, Kenzaburo Oe, Judy Heumann, Gary Rossington, Lynyrd Skynyrd, Georgina Beyer, Traute Lafrenz, Rose, Peterson Zah, Tevye, Robert Blake, Jiang Yanyong, Bud Grant, Dick Fosbury, Pat Schroeder, Gloria Bosman, Jacqueline Gold, Britain’s Ann Summers, John Wick ”, John Jenrette, Juana La, Willis Reed, Darcelle, Paul O’Grady, Lily Savage, Emperor ”, Hedda Kleinfeld Schachter, Margaret Thatcher, Ben Ferencz, Nuremberg, Elisabeth Kopp, Michael Lerner, Jack Lipnick, “ Barton Fink, Bugsy Calhoun, Anne Perry, Thomas Pitt, William Monk, Al Jaffee, magazine’s, Charles Stanley, Richard Riordan, Todd Haimes, Tony Awards, Barry Humphries, Tony, Dame Edna Everage, Len Goodman, Carolyn Bryant Donham, Emmett Till, LeRoy “ Lee ” Carhart, Larry “, ___ Gordon Lightfoot, Tori Bowie, Vida, Grace Bumbry, Rock ”, Ovelha, Denny Crum, Heather Armstrong, Bobbie Spencer, Rolf Harris, Kenneth Anger, Doyle Brunson, Jim Brown, Timothy Keller, Andy Rourke, Ray Stevenson, Thor ”, Ed Ames, George Maharis, Carroll Cooley, Miranda, John Beasley, Kaija, George Winston, Ipanema ”, Robert Hanssen, Richard Snyder, Simon & Schuster, Françoise Gilot, Pablo Picasso —, Pat Robertson, Theodore “ Ted ” Kaczynski, Roger Payne, Treat 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Kidd, Eno Ichikawa, Michael McGrath, Fernando Botero, Giorgio Napolitano, Matteo Messina Denaro, Michael Gambon, Albus Dumbledore, Harry Potter ”, Mankombu Sambasivan, Saad Eddin Ibrahim, Hosni Mubarak, Tim Wakefield, Dick Butkus, Michael Chiarello, Michael Chiarello ”, Masters, Burt Young, Paulie, Sylvester Stallone, Hughes Van Ellis, Kevin Phillips, Louise Meriwether, Mark Goddard, Major Don West, Rudolph Isley, Isley, unblinking, Piper Laurie, Chrissy Snow, Bobby Charlton, Bishan Bedi, Richard Moll, Xi Jinping, Wu Zunyou, Chandler Bing, Ken Mattingly, Bob Knight, Frank Borman, Steve Norton, Don Walsh, Mariana Trench, Terry R, Taylor, Daisaku Ikeda, Herbie Hancock, Bobby Ussery, George “ Funky ” Brown, Joanna ”, Marty Krofft, Pufnstuf, Donny, Marie ”, Terry Venables, Tim Dorsey, Serge A, Frances Sternhagen, ” “, Charlie Munger, Warren Buffett, Berkshire Hathaway, Gerald Ford, Shane MacGowan, Bernard McGhee Organizations: Wagner Group, Russian, White House, U.S, Supreme, United 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As technology titans jockey to back hot new startups, they are extracting explicit or implicit promises of revenue in return. loadingMicrosoft’s injection of $10 billion into OpenAI in January helped kick off the craze. As part of their deal, the ChatGPT operator agreed to exclusively use its new investor’s cloud computing services. Much of the invested capital should be returned relatively quickly as AI firms buy back-end services. Nvidia (NVDA.O) has at least 80% and as much as 95% of the AI market, according to estimates by analysts.
Persons: Sam Altman, Satya Nadella, OpenAI, Optimists, cynics, Jeffrey Goldfarb, Sharon Lam, Aditya Sriwatsav, Streisand Neto Organizations: Reuters, Microsoft, Financial Times, Apple, Nasdaq, Big Tech, OpenAI, Wall Street, Google, Reuters Graphics Reuters, Cisco Systems, Lucent Technologies, Nortel Technologies, Company, Global, Telecom, Nortel, Network, Nvidia, Thomson Locations: OpenAI, Silicon Valley
The Stocks That AI Mania Left Behind
  + stars: | 2023-11-28 | by ( Charley Grant | ) www.wsj.com   time to read: 1 min
This was supposed to be the year value stocks shined. Then AI mania took over and ran away with the spotlight. Shares of big tech companies are surging this year and racing past value stocks once again, powered by investor optimism about the promise of artificial intelligence. That is a reversal from last year, when value stocks pulled ahead of growth stocks for the first time since 2016.
OpenAI calls time on alt-governance experiment
  + stars: | 2023-11-22 | by ( Jonathan Guilford | ) www.reuters.com   time to read: +3 min
But the stakes at OpenAI, which develops the potentially world-reshaping ChatGPT, are higher. To stay true to its charter, the board must be ready to take actions that financial backers find intolerable. When it threatened to hire Altman and his staff, it effectively swiped the company out from under the board. Follow @JMAGuilford on XCONTEXT NEWSSam Altman has been reinstated as the chief executive of ChatGPT developer OpenAI, the company said on Nov. 21. The non-profit company that governs the startup had announced on Nov. 17 that its board had decided to fire Altman.
Persons: Sam Altman, , Mark Zuckerberg, Satya Nadella, Altman, Larry Summers, John Foley, Sharon Lam Organizations: Reuters, Microsoft, OpenAI’s, Google, Thomson Locations: OpenAI
Prices topped $80 a pound as demand for nuclear power gains momentum. Uranium production has recently run into hurdles, but investor interest remains solid. AdvertisementA nuclear power renaissance is fueling investor interest in uranium, helping to drive the price of the key energy commodity to a 15-year high. Uranium futures tracking a form of uranium called "yellowcake" hit $80.25 a pound on Monday, Bloomberg reported. Prices have been on the rise this year after a decade of trading sideways, due to growing demand for nuclear power.
Persons: Organizations: Bloomberg, Service, Crux, Terra Capital, Segra, Argonaut Capital Partners, Bloomberg Intelligence Locations: Kazakhstan, Canada, Australia, Canadian, Niger, Europe
Gunjan BanerjiGunjan Banerji is the lead writer for The Wall Street Journal's live markets coverage. Her articles and videos have covered the biggest stories in financial markets of the past decade, spanning stocks, bonds and derivatives. Gunjan helped lead the Journal’s award-winning coverage of retail investing and the meme stock mania that swept markets in 2021. She continues to explore how individual investors are navigating the financial markets and where they are putting their money. In her spare time, Gunjan can be found practicing Classical Indian Dance or playing with her bernedoodle Todd.
Persons: Gunjan, Gerald Loeb, Todd Organizations: CNBC, New York Press, Newswomen’s, of New, GameStop, Netflix, Journal, New York University, Columbia University’s Graduate School of Journalism, NYU Locations: of New York, New York
There is a lot riding on the earnings report this week from Nvidia , both for the company’s ebullient investors and the entire stock market. Nvidia has been the big winner of the bet that artificial intelligence is the next big thing in tech, the so-called AI trade that surged in popularity after OpenAI’s release of its ChatGPT app. The chip maker’s shares have more than tripled this year, contributing to a sizable portion of the S&P 500’s 18% rise.
Organizations: Nvidia
MILAN (AP) — Jannik Sinner will be looking to serve up the perfect dish next season. After Saturday’s victory over third-ranked Daniil Medvedev in the semifinals of the ATP Finals, Sinner compared his improvement this year to cooking “pasta pomodoro” (pasta with tomato sauce). Two wins in a week over the 24-time Grand Slam champion would have capped a dream tournament for Sinner and an impressive season that has seen him rise from No. One person who has some experience in Grand Slam finals is confident it is just a matter of time. 1 in the world and win Grand Slams,” said Djokovic, who reached all four Grand Slam finals this year.
Persons: , Daniil Medvedev, Novak Djokovic, Adriano Panatta, ” Sinner, Sinner, Medvedev, , Carlos Alcaraz, “ Ole, Ole, Ole Ole, hadn’t, , Riccardo Piatti, he’s, Djokovic, “ I’m Organizations: MILAN, ATP, Djokovic, , Turin —, Davis, U.S ., Italy, Wimbledon —, eventual Locations: Italian, Turin, Italy, Pala, Sin, North America, Malaga
For many New Yorkers, the city’s subways are the performance spaces they encounter most often. Everyday, dancers and musicians put on a subterranean revue that uses mass transit as a stage. In recent years, this moving festival has included “Subway Mania,” an homage to one of professional wrestling’s most popular period: the late 1990s to early 2000. The scene caught the attention of Shyama Venkateswar, 57, who was on her way home to Forest Hills, Queens. Her sons, now young adults, had watched World Wrestling Entertainment shows growing up, she said, so she followed the wrestlers aboard the train and abandoned her trip home.
Persons: , Kane, Stone, Steve Austin, Shyama Venkateswar Organizations: Lexington, Wrestling Entertainment Locations: Manhattan, Forest Hills, Queens
“Es la que mejor relación tiene con los fans y la que logra toda esta fan manía”, comentó Lucas Forte, de 24 años y miembro de otra carpa que había dormido afuera del estadio durante cinco noches desde septiembre. “Me enteré de que ustedes acamparon para tener un buen lugar”, le dijo el jueves a la multitud. Los organizadores se aseguraron de que las que acamparon fueran las primeras en la fila. “Llegamos allá y me rompí la rodilla” contó Atenas Astuni, de 23 años, integrante de la primera de las carpas, con la voz ronca la mañana del viernes tras el concierto. “Pero estaba hablando con mis amigas de que si me tendría que romper la rodilla de vuelta para que pase exactamente lo mismo que pasó ayer, lo hago de vuelta.
Uranium and shares in companies that mine it have enjoyed a scorching rally on soaring demand. Nuclear energy is back in fashion as more reactors are planned amid a shift away from fossil fuels. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . A blistering bull run is underway in the market for uranium, the radioactive element used to produce nuclear energy. The widening demand-supply gap will continue to drive uranium prices higher, according to John Ciampaglia, CEO of Sprott Asset Management, which specializes in precious metals and real assets.
Persons: , John Ciampaglia, Ciampaglia, Rohan Reddy Organizations: Service, Uranium Miners, Crux, Sprott Asset Management, CNBC, Global Locations: China, India, Russia, Japan
Peter Rudegeair — Reporter at The Wall Street Journal
  + stars: | 2023-11-04 | by ( Peter Rudegeair | ) www.wsj.com   time to read: +1 min
Peter RudegeairPeter Rudegeair is a reporter covering how technology is changing financial services. He works in The Wall Street Journal's newsroom in New York. In 2022, Peter was part of a team of Journal reporters that received the New York Press Club award for business reporting for their coverage of Robinhood, GameStop and meme-stock mania. Those stories also earned the New York Press Club's 2021 award for spot news and an honorable mention from the Society for Advancing Business Editing and Writing. Peter joined the Journal in 2015 from Reuters News, where he covered the banking industry's efforts to rebuild in the wake of the 2008 financial crisis.
Persons: Peter Rudegeair Peter Rudegeair, Goldman Sachs, Peter, Gerald Loeb Organizations: PayPal, JPMorgan, Apple, Facebook, Google, New York Press, GameStop, Society for, Reuters, Council, Foreign Relations Locations: New York, Washington
These Oil Giants Don’t Seem Tempted by Merger Mania
  + stars: | 2023-11-02 | by ( Carol Ryan | ) www.wsj.com   time to read: 1 min
Shell released solid third-quarter results on Thursday. Photo: Jason Alden/Bloomberg NewsOil bosses in Europe are intent on closing the valuation gap with their American rivals. This doesn’t automatically mean they will follow Exxon Mobil and Chevron down the megamerger path. “M&A is not really on our minds, if I’m honest,” BP interim boss Murray Auchincloss said on the company’s earnings call this week when asked for his reaction to Exxon Mobil and Chevron’s recent multibillion-dollar spending spree.
Persons: Shell, Jason Alden, Murray Auchincloss Organizations: Bloomberg News Oil, Exxon Mobil, Chevron Locations: Europe
What are the symptoms of bipolar disorder?
  + stars: | 2023-11-02 | by ( Douglas Wood | Sandee Lamotte | ) edition.cnn.com   time to read: +6 min
Signs of bipolar disorder: ManiaWhen a person with bipolar disorder is “up,” they are often euphoric — intensely happy, excited and full of energy — but unusual irritability can also be part of the swing, according to the Mayo Clinic. Signs of bipolar disorder: Major depressionThe polar opposite of the manic side of bipolar disorder are the periods of depression, often severe or “major” depression that can cause significant problems at work, school, home and in relationships. Different types of bipolar disorderThere are several types of bipolar disorder, which differ by how symptoms present, according to the Mayo Clinic. A long-term study called the Systematic Treatment Enhancement Program for Bipolar Disorder has found that people “taking medications to treat bipolar disorder are more likely to get well faster and stay well if they receive intensive psychotherapy.”Is bipolar disorder genetic? For example, researchers found that bipolar I disorder is genetically similar with schizophrenia, while bipolar II disorder shares more genetic similarity to major depression.
Persons: Taylor Tomlinson, ” Tomlinson, “ Taylor Tomlinson, Jason Mendez, Mayo, ” NAMI Organizations: CNN, CBS, Netflix, Mount Sinai, National Alliance, Mental, Mayo Clinic, Psychiatric Genomics Consortium Locations: Mount, New York City, Mayo
These distinct designer brands all have something in common: a single parent company named Tapestry, Inc. That parent company has been getting bigger and bigger throughout 2023. "Growth-oriented acquisitions really help to drive the business further, " said Dana Telsey, CEO of Telsey Advisory Group. "New designers can create interest because you can extend your customer base, whether it's extending your customer base older or younger, or extend your customer base globally." The popularity of online shopping has also provoked retailers to pursue mergers that promote expansion online and in stores. As social media creates new avenues for promotion, brands grappling with the high cost of celebrity endorsements are looking to expand their resources through mergers and acquisitions.
Persons: Jimmy Choo, Versace, Michael Kors, Kate Spade, Dana Telsey Organizations: Telsey Advisory Locations: Europe
But areas of the market dominated by small stocks and frequented by the country's retail investors have done surprisingly well. Scores of retail investors are dabbling in micro-cap stocks - stocks whose market capitalisation is tiny - operating under the radar of big funds and investors and their massive market-moving flows. Strategies such as Cui's stand out this year in a stock market depressed by China's wobbly economy, heightened geopolitical risks and surging overseas interest rates. Some brokerages are starting to recommend micro stocks to clients. GF Securities said in an October strategy report that buying micro stocks is part of a new investment paradigm in a stock market suffering from anaemic growth, and global decoupling risks.
Persons: Aly, horribilis, Joseph Cui, Cui, Yuan Yuwei, Helen Wu, Wu, Yi Huiman, Lu Deyong, Seres, Lu, Huang Yan, Jason Xue, Samuel Shen, Summer Zhen, Vidya Ranganathan, Simon Cameron, Moore Organizations: REUTERS, Rights, Huawei Technologies, Regulators, Wisdom Asset, China Securities Regulatory Commission, Huawei, Security Technology, TRS Information Technology, Automotive, Seres, Securities, Shanghai QiuYang, Thomson Locations: Shanghai, China, Rights SHANGHAI, HONG KONG, United States, ChatGPT, Ningbo, Summer, Hong Kong
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