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It was August 2014 when Davis’s Taney Dragons Little League team, out of Center City Philadelphia, won the Pennsylvania state championship and advanced to the Mid-Atlantic regional championship. Mo’ne Mania took off from there and didn’t stop even when Taney came up one game short of playing for the U.S. championship. The Sports Illustrated cover, with the words “Mo’ne Remember Her Name,” followed. Jimmy Fallon bet her a Philly cheesesteak she couldn’t strike him out in a Wiffle ball at-bat; Fallon whiffed and had to pay up. Davis, who is believed to be the only African American girl to compete in the Little League World Series, couldn’t go anywhere in Williamsport, Pa., without getting mobbed for photos and autographs.
Persons: Davis’s, Davis, Mania, Taney, Mike Trout, Kevin Durant, , Jimmy Fallon, Fallon whiffed, couldn’t, it’s, “ It’s, Scott Bandura Organizations: Davis’s Taney Dragons Little League, Center City Philadelphia, Pennsylvania, Atlantic, Little League, South Nashville, U.S, Philly Locations: Tenn, Williamsport, Pa
There's no indication that interest rates are too high, Leon Cooperman told CNBC. The billionaire investor also sees a return to this year's stock market highs as unlikely. "What's the sign that interest rates are too high?" "I don't expect we will see a new high in the market for a long time. "In 2000, everybody was hot on the internet: Cisco, Cisco, Cisco.
Persons: Leon Cooperman, Cooperman, We've Organizations: CNBC, Service, Omega Advisors, Federal Reserve, Nvidia, Cisco Locations: Wall, Silicon, Georgia
Frantic trading in VinFast has raised eyebrows, but it's still far from becoming a meme stock. After a head-scratching six-day winning streak, VinFast has lost 60% this week, cutting its gains since its market debut to about 170%. No meme stock VinFast's short-lived rally is reminiscent of the trading frenzy last year in AMTD Digital, a little-known Hong Kong-based fintech company, where the stock was up more than 20,000% in just two weeks. The stock is now trading at $5.60 apiece, nearly 30% lower than its initial public offering price of $7.80. The SPAC market dried up over the past year as interest rates surged and regulatory pressure ramped up.
Persons: VinFast, Marco Iachini, I'm, Iachini, Alex Harring Organizations: Ford, GM, Vanda Research, AMTD, GameStop, Nasdaq, Black Locations: VinFast, Hong Kong
Ticket prices for this Sunday’s match between Inter Miami and Los Angeles FC are the most expensive for a Major League Soccer game ever, according to TickPick, an online marketplace. Average prices are around $690 — a 527% increase over the average ticket price of an MLS game, which used to cost $110 before soccer superstar Leo Messi joined the league. Demand to see Messi is juicing MLS ticket prices. Ira L. Black/Corbis/Getty ImagesHowever, this could be the ceiling for ticket prices. Previously, the Inter Miami jersey was the top-selling jersey only in Florida.
Persons: New York CNN —, “ Messi, , Leo Messi, Messi, Ira L, TickPick, Brett Goldberg, Goldberg, Apple, Soccer.com Organizations: New, New York CNN, Inter Miami, Los, Los Angeles FC, Major League Soccer, MLS, CNN, , New York Red Bulls, Adidas, Messi Locations: New York, Los Angeles, Argentina, Florida, Vermont
A Calvert fund is giving investors a sustainable way to play this year's technology rebound. The firm's U.S. Large Cap Growth Responsibility Index (CGJAX) is up 27% this year, rallying in near harmony with growth stocks. 'Consistent approach' Fitting of any growth fund, a handful of large tech names are among the biggest holdings as of June 30, per Morningstar. "This fund still offers a broadly diversified option for investors looking for a balance between ESG and growth stocks," Tran wrote when rating the fund at the end of last year. The fund also benefits from having a more data-driven approach to picking stocks, Huang wrote.
Persons: Calvert, Russell, Morningstar, , Jade Huang, Huang, Lan Anh Tran, Tran Organizations: Apple, Microsoft, Nvidia, Facebook, Tesla, Nasdaq, Morningstar, Russell, Federal Reserve Locations: Calvert
Stocks are set to slump and many Americans are "prisoners in their own homes," David Rosenberg says. Rising rates have driven up mortgage costs, deterring many sellers, the economist says. The Rosenberg Research president laid out several reasons why he believes asset prices have soared to unsustainable highs. The central bank might keep forging ahead with further hikes to interest rates as a result, turning the screw on the stock market and the economy, he said. He underlined the Fed's decision to cut interest rates to almost zero in 2020 and 2021, which allowed homeowners to lock in long-term mortgages at rates of 2% to 3%.
Persons: David Rosenberg, Cash, Rosenberg, Merrill Lynch Organizations: Service, Rosenberg, North, Fed, New York Stock Exchange, Nasdaq Locations: Wall, Silicon, North American
Lionel Messi scores on his MLS debut for Inter Miami
  + stars: | 2023-08-27 | by ( Issy Ronald | Jacob Lev | ) edition.cnn.com   time to read: +2 min
CNN —‘Messi mania’ swept across New York on Saturday as Lionel Messi made his Major League Soccer (MLS) regular season debut for Inter Miami away against the New York Red Bulls. Inter Miami defeated the New York Red Bulls. “Where dreams are made of,” Inter Miami co-owner David Beckham said on Instagram afterwards, alongside pictures of Messi, the rest of the team and fans wearing Messi jerseys. Great win on the road.”With the win, Inter Miami moved from the bottom of the Eastern Conference to 14th place, leapfrogging Toronto FC. Messi and Inter Miami are next scheduled to play on Wednesday against Nashville SC at DRV PNK Stadium in Fort Lauderdale, Florida.
Persons: CNN — ‘ Messi, , Lionel Messi, Ballon, Messi, Benjamin Cremaschi, Ira L, VividSeats, ‘ Messi, David Beckham Organizations: CNN, Major League Soccer, Inter Miami, New York Red Bulls, Argentine, Red Bull, Messi, MLS, ” Inter Miami, Eastern Conference, Toronto FC, Wednesday, Nashville SC Locations: New York, Harrison , New Jersey, Instagram, NYC, , Fort Lauderdale , Florida
Home prices won't drop, and could surge 15% once mortgage rates fall, Barbara Corcoran says. There's a shortage of homes for sale as people don't want to give up their cheap mortgage rates. The housing market is in good shape, and buyers will pounce once rates drop, Corcoran says. In response to a massive inflation spike last year, the Federal Reserve has raised interest rates from almost zero to more than 5% since last spring. In June, she suggested home prices could jump as much as 20% once interest rates drop by two percentage points.
Persons: Barbara Corcoran, Corcoran, it's Organizations: Service, Federal Reserve, Corcoran Group Locations: Wall, Silicon, Florida
Office workers look at their mobile phones to check the local online banking app Toss as they gather at Seoul Museum of Art during a lunch break in Seoul, South Korea, April 13, 2023. Interest rate decisions and policy guidance from South Korea and Indonesia take center stage in Asia on Thursday, as investors also navigate the strong cross currents from global equity and bond markets the day before. On the Asian policy front, the Bank of Korea is expected to leave its key policy rate unchanged at 3.50% for a fifth consecutive meeting on Thursday and hold it steady for the rest of this year. Bank Indonesia is also expected to keep its key interest rate steady, at 5.75% for the seventh consecutive meeting and for the rest of the year too. Here are key developments that could provide more direction to markets on Thursday:- South Korea interest rate decision- Indonesia interest rate decision- South Korea producer price inflation (July)By Jamie McGeever; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.
Persons: Kim Hong, Jamie McGeever, Josie Kao Organizations: Seoul Museum of Art, REUTERS, Wall, Nvidia, Shanghai CSI, Bank of England, European Central Bank, Bank of, Bank Indonesia, Thomson, Reuters Locations: Seoul, South Korea, Indonesia, Asia, Europe, China, Shanghai, Japan, Bank of Korea, Korea
So I think there’s going to be some opportunistic acquisitions.”There is already evidence of frenzied deal activity involving pre-producing companies. Develop Global, a base metals explorer backed by diversified miner Mineral Resources, last month proposed to acquire lithium developer Essential Metals for A$152.6 million ($97.98 million). “Even though battery chemistry is evolving and impacting certain metals, lithium is a mainstay and the demand story remains robust. The battery metals landscape, and lithium in particular, looks poised for further M&A activity,” said Gavi Friedland, head of metals and mining at Goldman Sachs in Australia & New Zealand. Mineral Resources is deciding whether to build an Australian lithium battery chemical plant, while Albemarle is expanding production at its Kemerton hydroxide plant and SQM is also building a lithium hydroxide plant.
Persons: Ivan Alvarado, acquirers, , Kaan, , Gavi Friedland, Goldman Sachs, Guy Alexander, Buyers, Japan’s Idemitsu, Delta, Tony Chong, Squire Patton Boggs, Jakob Stausholm, Stausholm, ” Dale Henderson Organizations: MELBOURNE, REUTERS, Chile, Albemarle Corp, RBC, Develop, Mineral Resources, Metals, Minerals, Liontown Resources, Climate Capital, Consultancy, EV, Goldman, New Zealand, Resources, , Rio Tinto, Patriot Metals, Canada, Reuters Locations: Albemarle Chile, Chile, Australia, Sydney, Andover, Albemarle, Perth, China, U.S, Rio, Canada, Quebec
New York CNN —Seeing superstar soccer player Leo Messi’s debut in the New York area could cost you as much as a steak dinner at Peter Luger. Ticket reseller VividSeats told CNN that the average price for this weekend’s game is averaging $483. Kevin C. Cox/Getty ImagesFor the New York Red Bulls, Messi’s appearance is “trending as the Red Bull’s hottest ticket in over a decade,” a VividSeats spokesperson told CNN. Prices for MLS games where Messi is playing have surged since the 36-year-old entered American competition. Apple said that subscriptions to its soccer streaming package have soared since Messi joined in July.
Persons: Leo Messi’s, Peter Luger, VividSeats, Messi, Kevin C, Cox, He’s, “ Messi, , Apple Organizations: New, New York CNN, Saturday’s Inter Miami CF, Major League Soccer, New York Red Bulls, CNN, MLS, FC Barcelona, Inter Miami, Leagues, Liga MX, Adidas Locations: New York, Harrison , New Jersey, Manhattan, York
[1/2] A general view shows the brine pools of Albemarle Chile lithium plant placed on the Atacama salt flat, Chile, May 4, 2023. "It seems like the cheapest way to get lithium units is via the drill bit," said analyst Kaan Peker of RBC in Sydney. "Even though battery chemistry is evolving and impacting certain metals, lithium is a mainstay and the demand story remains robust. The battery metals landscape, and lithium in particular, looks poised for further M&A activity,” said Gavi Friedland, head of metals and mining at Goldman Sachs in Australia & New Zealand. Mineral Resources is deciding whether to build an Australian lithium battery chemical plant, while Albemarle is expanding production at its Kemerton hydroxide plant and SQM is also building a lithium hydroxide plant.
Persons: Ivan Alvarado, acquirers, Kaan, , Gavi Friedland, Goldman Sachs, Guy Alexander, Buyers, Japan's Idemitsu, Delta, Tony Chong, Squire Patton Boggs, Jakob Stausholm, Stausholm, Dale Henderson, Melanie Burton, Veronica Brown Organizations: REUTERS, Chile, Albemarle Corp, RBC, Develop, Mineral Resources, Metals, Minerals, Liontown Resources, Climate Capital, Consultancy, EV, Goldman, New Zealand, Resources, Tinto, Patriot Metals, Canada, Reuters, Thomson Locations: Albemarle Chile, Chile, MELBOURNE, Australia, Sydney, Andover, Albemarle, Perth, China, U.S, Canada, Quebec
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFC Dallas President Dan Hunt talks Messi mania sweeping U.S. soccerHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Dan Hunt, Messi, Brian Sullivan, Organizations: Email FC Dallas, CNBC
Jeremy Grantham compared the post-pandemic boom in stocks to the dot-com bubble. The GMO cofounder doubts AI buzz can offset the impact of higher interest rates and tech woes. The buying frenzy was fueled by rock-bottom interest rates, stimulus checks, federal grants and loans, lockdown boredom, and other factors. The resulting surge in stocks was "in many ways about equal to the 2000 tech bubble," the veteran investor and GMO cofounder added. Grantham added that a recession could still hit this year, and forecasted moderately higher inflation and interest rates in the years to come versus the last decade.
Persons: Jeremy Grantham, Grantham, David Rubenstein, It's Organizations: Service, Bloomberg, Federal Locations: Wall, Silicon
CNN —It has been a history-making, game-changing Women’s World Cup for Australia, but the Matildas’ participation in the tournament ended in a 2-0 defeat to Sweden in the third-place playoff on Saturday. Still, this match marked new frontiers for women’s soccer in Australia following a World Cup which has seen soccer mania grip the nation as the Matildas achieved its best ever result in the tournament. For Sweden, finishing third is a familiar way to end the World Cup, having done so in 1991, 1995 and 2019, and it marks a brighter end to the tournament after a heartbreaking loss to Spain in their semifinal’s dying moments. Sweden dominatesSweden had the better of the early exchanges, forcing the Matildas off the ball and dominating possession. Justin Setterfield/Getty ImagesRolfö stepped up and coolly prodded the ball into the side netting, inches beyond Arnold’s outstretched fingertips, and gave Sweden a 1-0 lead.
Persons: Fridolina, Kosovare Asllani, Blackstenius, Mackenzie Arnold, Fridolina Rolfö, Justin Setterfield, Rolfö, Filippa Angeldal, Arnold, Zećira, Sweden's Amanda Ilestedt, Australia's Hayley Raso, Amanda Perobelli, halve, Claire Polkinghorne’s, Sam Kerr – Organizations: CNN, Australia, Sweden Locations: Sweden, Australia, Brisbane, Spain, Asllani
We combed through them for the most helpful advice to get our money lives under control. “And so many of you are left believing that you’re crazy, or stupid, or just bad with money. It wants to consume, whereas the future self wants the present self to save ...“So what can we do about this? Maybe the reason money doesn’t make us happy is that we’re always spending on the wrong things – in particular, always spending it on ourselves. If you think money can’t buy happiness, you’re not spending it right.”Editing by Lauren Young and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.
Persons: Simon Sinek’s “, TAMMY LALLY, , ” DANIEL GOLDSTEIN, TEDSALON, Derek Parfit, ” ESTELLE GIBSON, TEDxDayton, ” ELISE PAYZAN, , couldn’t, ” MICHAEL NORTON, we’re, you’re, Lauren Young, Stephen Coates Organizations: TED, Thomson Locations: TEDXORLANDO, TEDSALON NY, TEDXCAMBRIDGE
SYDNEY, Aug 15 (Reuters) - Australia and England re-engage one of the oldest and fiercest rivalries in sport when they meet with a place in the Women's World Cup final on the line at a sold out Stadium Australia on Wednesday. While England boast the pedigree as twice World Cup semi-finalists and winners of the European title last year, Australia's plucky Matildas have captured the hearts of a nation usually invested in other sports. In Dutchwoman Sarina Wiegman, they have one of the best coaches in the game and most of their players play for top clubs in highly competitive European leagues. Before Saturday's win, much of the narrative around Australia at the tournament focused on the injured calf of the one Matildas player everyone in the country knows, striker Sam Kerr. Reporting by Nick Mulvenney; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.
Persons: Australia's, Mackenzie Arnold's, Cortnee Vine's, Sydney's, Sarina, Millie Bright, Keira Walsh, Chloe Kelly, Lauren Hemp, Saturday's, Sam Kerr, Kerr, Hayley Raso, Mary Fowler, Caitlin Foord, Wiegman, Nick Mulvenney, Peter Rutherford Organizations: SYDNEY, Australia, Sports, England, Thomson Locations: Australia, England, France, Spain, Nigeria
Sydney CNN —Two matches stand between Australia and a historic Women’s World Cup win, and the nation – perhaps prematurely – is debating the pros and cons of a national holiday should the squad defeat Spain on Sunday. Soccer mania has swept the country in a culture where rugby, cricket and the local “Aussie Rules” football usually dominates. Australia players celebrate after winning their quarterfinal match against France in Brisbane, August 12. Zara Borcak beams as she holds the jersey Sam Kerr gave her after Saturday's match against France, August 12, 2023. Maybe it’s because the last time the country came together to fight a common cause, they were desperately trying to stay apart.
Persons: Tertius Pickard, Asanka Brendon Ratnayake, Sam Kerr, , , , Zara Borcak, Selma Borcak, Anthony Albanese, Albanese, Andrew Cornaga, Ben Crowe, Crowe, Eleanor Roosevelt, Ash Barty, it’s, ” Mackenzie Arnold of Australia, Norvik, that’s, Mackenzie Arnold, I’ve Organizations: Sydney CNN, Spain, Sunday, England, Australia, France, FIFA, Reuters Sporting, – Basketball Australia, AFL, Australian Football League, Australian Broadcasting Corporation, , NRL, , Sweden, Wimbledon, Richmond AFL Locations: Australia, France, Australia’s, United States, Brisbane, Sydney, Green, Brazil, Zara, Spain, Eden, Auckland, Denmark, Melbourne
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/lionel-messi-inter-miami-mls-soccer-south-florida-ticket-prices-sports-bars-21f52ead
Persons: Dow Jones, lionel, messi Organizations: miami, mls Locations: florida
The common shares dropped to $3.45, levels just before the meme stock mania of January 2021 when retail traders hyped up the stock on online forums like Reddit. The preferred stock units called "APE" , which trade at a significant discount to common shares, jumped 15% to $2.05. Under the settlement, AMC will provide stock worth an estimated $129 million to common shareholders to settle potential legal claims related to a stock conversion plan. Wedbush analysts said they expect AMC and APE shares to converge around $3 per share before the conversion. Aron said the company has raised $418 million in cash through the sale of "APE" units over the past 12 months.
Persons: Adam Aron, David Swanson, Thomas Hayes, Aron, JJ Kinahan, Medha Singh, Akash Sriram, Saumyadeb Chakrabarty Organizations: AMC Entertainment, Milken, Global Conference, REUTERS, AMC, Great, Great Hill Capital, Twitter, IG North America, Thomson Locations: Beverly Hills , California, U.S, Great Hill, New York, Bengaluru
AI Mania Triggers Dot-Com Bubble Flashbacks
  + stars: | 2023-08-11 | by ( Eric Wallerstein | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/ai-mania-triggers-dot-com-bubble-flashbacks-7848d402
Persons: Dow Jones
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLionel Messi: Can the superstar give professional soccer a boost in the U.S.? Messi-mania has swept the nation, drawing crowds to sold-out stadiums to witness the 36-year-old in action. Messi merchandise is in high demand, and Apple attributes a surge in Apple TV+ subscribers to his Major League Soccer presence. The MLS aims to harness Messi's popularity as the U.S. prepares to co-host the 2026 FIFA World Cup. Watch the video above to find out whether Messi wearing the Inter Miami jersey until 2025 could supercharge professional soccer in the U.S.
Persons: Lionel Messi, Messi Organizations: Apple, Major League Soccer, MLS, Inter Miami Locations: U.S
An illustration of the CoLD scale for determining confidence in a detection of alien life. The discovery of extraterrestrial life is likely to be a slow build-up, rather than an explosive eureka moment. The president or other countries could be involved in announcing extraterrestrial life existsPresident Joe Biden speaks at Delaware State University. Anna Moneymaker/Getty ImagesAnnouncing the existence of alien life would be an "administration-level" affair, Glaze said, referring to the US presidency. Needless to say, any discovery of alien life would likely lead to chaos — at least in public discourse.
Persons: NASA isn't, David Grusch, Randall Hill, UAPs, Elon Musk, John Locher, Karine Jean, Pierre, we've, Lori Glaze, Glaze, James Webb, Jean, Philippe Arles, It's, Aaron Gronstal, Mary Voytek, Joe Biden, Anna Moneymaker, Carlos Garcia Rawlins, Stephen Hawking, I'm, we're Organizations: Service, NASA, Beijing, Reuters, Department of Defense, Associated Press, AP, White House, Navy, US Department of Defense, JPL, Caltech, Delaware State University Locations: Wall, Silicon, South Carolina, Surfside Beach , South Carolina, US, Alaska, Canada, Lake Huron, Rachel , Nevada, Bugarach, France
Pickleball mania breathes new life into Arizona mall
  + stars: | 2023-08-08 | by ( Liliana Salgado | ) www.reuters.com   time to read: +2 min
TEMPE, Arizona, Aug 8 (Reuters) - The pickleball craze in the U.S. has reached new heights with the opening last weekend of the first "Picklemall," an indoor sports facility inside a mall in Tempe, Arizona. One of the unique features of Picklemall is its replay system, Picklemall CEO West Shaw told Reuters. The founder behind Major League Pickleball and Picklemall, Steve Kuhns, thinks this partnership with Arizona Mills mall will bring new life to dying shopping malls. There's really no other sport like that in the world that is just growing so rapidly with such adamant fans of the sport," Shaw said. "You'll see us opening more Picklemalls and our goal here is to create a great experience for serious Pickleball players, people who love the sport," he said.
Persons: West Shaw, Shaw, Major League Pickleball, Steve Kuhns, Kuhns, There's, Liliana Salgado, Rory Carroll, Stephen Coates Organizations: Arizona Mills, Reuters, Major League, Arizona, Thomson Locations: TEMPE , Arizona, U.S, Tempe , Arizona, Arizona, Phoenix, Picklemall, Arizona Mills, pickleball, Tempe
Google parent Alphabet has pared back large positions in multiple publicly traded firms, including the trading platform Robinhood , the gene testing company 23andMe and language learning startup Duolingo . The company dumped nearly 90% of its stake in Robinhood, according to SEC filings. The company sold off more than 4.3 million shares of the fintech stock during the period ending June 30. Robinhood posted its first profit as a publicly traded company on Aug. 2. Alphabet still held about 612,000 shares of Robinhood as of June 30.
Persons: Robinhood, Anne Wojcicki, Sergey Brin Organizations: SEC, Wall, Google Locations: Robinhood, Duolingo, 23andMe
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