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Of the 175 key ETFs that we track, just one made a new all-time high on Tuesday – the iShares Expanded Tech-Software Sector ETF (IGV) . IGV, thus, was the first major technology ETF to hit new highs after a very turbulent past few months. Before Tuesday, IGV's last all-time high happened way back in November 21 (nearly three years ago), when the ETF hit an intra-day high of $89.76. For some context, while the SPDR Technology ETF (XLK) hit a low on the same day in November 202222, its snapback unfolded much more quickly. XLK hit a new all-time high way back in July 2023 and has kept going.
Persons: IGV's, XLK, IGV, it's, Frank Cappelleri Organizations: Software Sector, Technology, RSI, CNBC, NBC UNIVERSAL
With a surprisingly strong labor market, consumer spending has remained resilient and e-commerce stocks like Shopify (SHOP) present attractive opportunities. This price action indicates strength and suggests that the stock has found a strong base from which it can continue higher. With the stock now trading above its breakout level and positive momentum continuing to build, the chart supports further upside. The trade: To express a bullish outlook on Shopify, I'm suggesting selling the Nov 22, $82/74 Put Vertical @ $3.10 Credit. This structure entails: Selling the Nov 22 $82 Put @ $5.85 Buying the Nov 22 $74 Put @ $2.75 View this link in OptionsPlay with updated pricing.
Persons: Shopify, Shopify's Organizations: Forward, CNBC, NBC UNIVERSAL
Tampa General Hospital is bracing itself for Hurricane Milton with an AquaFence flood barrier. AdvertisementAs Hurricane Milton approaches Florida's central-west coast, Tampa General Hospital, located on a low-lying man-made island, is bracing for disaster, and is preparing to put its flood defenses to the test. Although the fence was successful in protecting the hospital from Hurricane Helene a couple of weeks ago, Hurricane Milton may prove more challenging. A previous disaster-planning project, modeled after a fictional "Hurricane Phoenix" that was more devastating than Milton is expected to be, highlighted Tampa General Hospital's vulnerabilities. Tampa General Hospital did not immediately respond to a request for comment from Business Insider.
Persons: Milton, , Hurricane Helene, Hurricane Milton, Tampa's, Jane Castor, Castor, Jennifer Crabtree, Crabtree, Erinn, Skiba Organizations: Tampa General, Hurricane Milton, Service, Tampa General Hospital, National Hurricane Center, Tampa Bay Times, Bloomberg, Business, Tampa Bay Business, Florida Office, Insurance Locations: Tampa, Florida's, Hurricane, Davis, Tampa Bay, Hillsborough, Hurricane Milton, Florida
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomy isn't out of the woods yet, says Roth Capital's Michael DardaMichael Darda, Roth Capital Partners chief economist and macro strategist, joins CNBC's 'The Exchange' to discuss macro outlooks, expectations for the Fed, and more.
Persons: Roth, Michael Darda Michael Darda Organizations: Roth Capital Partners, Fed
Travel tutors can earn six figures a year, but that price tag comes at a personal cost. For the past 14 years, she's worked with Tutors International, a company offering private travel tutor services. Tutors International, a UK-based company offering these services, advertises positions with salaries ranging from $150,000 to $380,000 annually. AdvertisementBut the hefty paycheck comes with significant caveats, said four current and former travel tutors who spoke with Business Insider. "You're there to do a job, and even though you might become friendly with the family, you're not their friend."
Persons: , Joanna Dunckley, she's, Dunckley, Adam Caller, We're, Nathaniel Hannan, Hannan, Dunkley, Ian Jones, International's Hannan, International's Dunckley, Chen Junqing, Education's Jones, " Hannan, it's, It's, Bodo Müller, Dunckley's wanderlust Organizations: Service, International, Business, Beacon Education, Harvard Locations: Phnom Penh, Cambodia, Thailand, Spain, Tonga, China
Learn moreThe Prime Big Deal Days event is on its second and last day, and there are still Prime Day SSD deals to be had on Amazon for your PC or PS5. Every SSD here can be used in a PC, but only the best SSDs for PS5 meet Sony's requirements (a storage minimum of 250GB with a sequential read speed of 5,500MB/s). It's still an extremely high performer, but it's not especially suited for PS5 storage expansion due to its slower-than-recommended speeds. View at AmazonWestern Digital 4TB WD_Black SN850X $254.72 $699.99 Save 64% WD_BLACK is the premier name in solid-state drive technology, especially for gamers. Check out our roundup of all of the best Prime Day deals, or browse Amazon's website for the full selection.
Persons: aren't, SSDs, it's Organizations: Business, Deal, Samsung Locations: 1TB
KATHMANDU, Nepal — Five Russian climbers who have been missing on Nepal's Mount Dhaulagiri since the weekend were found dead on the world’s seventh tallest mountain, their hiking company said on Tuesday. There had been no contact with the climbers, scaling the 8,167-meter (26,795-feet) peak without Sherpa guides, since Sunday night, when they reached a height of 7,700 meters (25,262 feet). "They might have been tied to the same rope," said Pemba, who goes by his first name. "One of them could have slipped on the slope and all five fell together." Mountain climbing in a key tourism activity in Nepal, home to eight of the world's 14 highest mountains, providing crucial employment and income.
Organizations: Sherpa, Russian Locations: KATHMANDU, Nepal, Dhaulagiri, Pemba, Kathmandu
Iran fired hundreds of ballistic missiles and drones at Israel in retaliation for an attack on an Iranian diplomatic facility in Syria. The global economy is entering a "dangerous time" like never before as Middle East tensions remain elevated, said S&P Global's vice chairman Daniel Yergin. When asked if the global economy is on the precipice of another supply shock resulting from Middle East tensions, Yergin said it's a precarious time for markets. "The betting is that the Israelis would not attack, try to attack, the nuclear facilities at this time. It is a strategically important waterway linking crude producers in the Middle East with key markets across the world.
Persons: Yergin, CNBC's, Joe Biden, Daniel Yergin, it's, , Pavel Molchanov, Raymond James, Iran's Organizations: White House, Cuban Missile, Iran Watch, Wisconsin, U.S . Energy Information Administration Locations: Iran, Israel, Iranian, Syria, China, Hormuz, Oman
Price gouging is the practice of retailers artificially inflating prices dramatically when the retailer's costs have not increased. In times of crisis, when urgent demand vastly outpaces supply, consumers can be especially vulnerable to price gouging. Florida is preparing for Hurricane Milton to make landfall on its western coast Wednesday, deepening the wounds left by the devastation of Hurricane Helene, which ravaged the southeastern U.S. about a week earlier. The attorney general's office has received more than 450 consumer contacts alleging price gouging related to Helene, which "mostly concern fuel," a spokesperson told CNBC. Though the price-gouging panic is normal during natural disasters, just the term "price gouging" has political implications, less than a month out from a presidential election that is extremely close.
Persons: Pete Buttigieg, Joe Biden, Hurricane Helene, Hurricane Milton, Milton, Helene, Kamala Harris, Harris, Howard Stern, — CNBC's Leslie Josephs Organizations: White, The Department of Transportation, Hurricane, CNBC, Transportation, , Tampa International, Orlando International Airport, . American Airlines and United Airlines, Florida Attorney General's, Democratic Locations: Washington ,, Florida, Hurricane, U.S, Tampa, Milton
The charts indicate it may be time to look at chip stocks once again. However, the major semi names like Nvidia (NVDA) , Broadcom (AVGO) and AMD (AMD) have not actually fallen significantly in this rotation. Before we get into the specifics of Broadcom, let's take a look at the rotation out of semis starting in early August. Broadcom's chart Broadcom is a key holding in both my dividend and growth portfolios at Inside Edge Capital. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: swoon, we're, I've, you've, Todd Gordon, Gordon, AVGO Organizations: Semiconductor, Nvidia, Broadcom, AMD, CNBC Pro, let's, I've, Edge, Inside Edge, CNBC, NBC UNIVERSAL
Certain toilet paper, tissue and office paper brands are made with materials from eucalyptus trees, a non-native species to Portugal. CNN PortugalThe problem is eucalyptus trees are particularly flammable. The eucalyptus tree is native to Australia and provides food and shelter to koalas, among other wildlife. As the Portuguese paper and timber industries grew in the mid-1900s, so too did eucalyptus plantations, and the species now covers nearly 2 million acres. In California, the eucalyptus tree has been naturalized, meaning it now grows beyond the places it was planted.
Persons: it’s, Patricia De Melo, Patricia De Melo Moreira, Domingos Patacho, Brais Lorenzo, Patacho, Henrique Pereira dos Santos, de Santos, Juan Manuel Castro Prieto, Luís, Sarabando, Octavio Passos, Jose Sarmento Matos, Organizations: Lisbon CNN —, CNN, Firefighters, Getty, AFP, National Park Service, Bloomberg, Northwestern, Agence, Vouga Forestry Association, Navigator Locations: Lisbon, Portugal, Europe, Albergaria, CNN Portugal, Australia, Portuguese, , California, Velha, Agueda, Northwestern Portugal, Greece, Italy, Finland, Constancia, Abrantes, United States, New York City, Arouca
I am going to explore an interesting trade set-up using three exponential moving averages to identify a restaurant stock that will continue to trend downward. Looking at the one-year daily chart of Olive Garden-parent Darden Restaurants (DRI) , you'll notice the stock has faced resistance around the $175 level and is currently in a downtrend. I've highlighted several instances over the past year where the 10-day EMA crossed either above or below the 21-day EMA. The trade Building on this analysis, I'm considering a bearish strategy on DRI, using a trade structure known as a bear put spread. Adding 10 contracts to this trade risks $2500 to make $2500 and provides a robust ROI for the capital risked.
Persons: Nishant Pant Organizations: Darden, EMA, CNBC, NBC UNIVERSAL
MEXICO CITY — The mayor of the capital of Mexico’s violence-plagued state of Guerrero was killed on Sunday less than a week after he took office, the state’s governor confirmed. Alejandro Arcos was killed just six days after he took office as mayor of the city of Chilpancingo, a city of around 280,000 people in southwestern Mexico. Arcos' death comes just three days after the new city government’s secretary, Francisco Tapia, was shot to death. At least six candidates for public office were killed in the state in the run-up to Mexico's June 2 elections. Arcos' social media posts show the mayor in recent days had been supervising disaster relief efforts following the impact of Hurricane John last month, which caused severe flooding in beach resort Acapulco and surrounding towns.
Persons: Alejandro Arcos, Guerrero, Evelyn Salgado, Arcos, Francisco Tapia, Alejandro Moreno, Moreno, Hurricane John Organizations: MEXICO CITY —, Reuters, PRI Locations: MEXICO, Guerrero, Chilpancingo, Mexico, Arcos, ungovernability, Acapulco
Wells Fargo upgrades Gilead to overweight from equal weight Wells says the biopharma company has an attractive setup. Wells Fargo upgrades Canadian National to overweight from equal weight Wells says it sees "accelerating growth" for the railway company. Barclays downgrades Netflix to underweight from equal weight Barclay says the "growth algorithm is getting more complex." Wells Fargo downgrades Amazon to equal weight from overweight Wells says the "positive revision story [is] on pause for Amazon. JPMorgan upgrades Ally Financial to overweight from neutral and downgrades American Express to neutral from overweight JPMorgan downgraded American Express and says it sees "asymmetric risk."
Persons: Jefferies, Wells, Morgan Stanley, it's bullish, Barclay, NFLX, Piper Sandler, Piper, Mizuho, JPMorgan downgrades Lamb Weston, JPMorgan, downgrades Sherwin, Williams, KeyBanc, Bernstein, Campbell, underperform Bernstein, Coupang, CPNG, Barclays downgrades, Avery Dennison, Garmin, Hershey Organizations: Apple, Apple Intelligence LT, UW, Vertiv Holdings, Coty, Barclays, Netflix, MKSI, Mizuho, JPMorgan, Deutsche Bank, Alliance, Deutsche, UBS, NXP, Express, American Express, Barclays downgrades DuPont, DuPont, Bank of America downgrades Constellation Brands, Bank of America, Constellation Brands, Bank of America downgrades Comerica, of America, CMA, Air Products, Hershey Locations: OW, Gilead, Canada, underperform
But the Sarasota offices of Trump Media, the parent company of Truth Social, are directly in the storm's projected sight line. Mar-a-Lago, the Trump International Golf Club in West Palm Beach and the Trump National Golf Club in Jupiter are all located in Palm Beach County. The Trump National Doral Miami is in Miami-Dade County. Meanwhile, the Truth Social offices are located directly within the zone where Milton is expected to make landfall on the Gulf Coast late Wednesday. Trump is the largest shareholder of Trump Media , a publicly traded company that mainly operates the Truth Social platform.
Persons: Donald Trump's Mar, Trump, Donald Trump's, Milton Organizations: FBI, Lago Club, Trump Media, Truth, Trump International Golf Club, West Palm Beach, Trump National Golf, Trump National Doral Miami, Officials, Coast, Securities and Exchange Commission, CNBC Locations: Palm Beach , Florida, U.S, Florida, Hurricane Milton, Gulf, Sarasota, West Palm, Jupiter, Palm Beach County, Miami, Dade County, Milton
Instead, the petition seeks the personal contact information of swing-state voters. "This program is exclusively open to registered voters in Pennsylvania, Georgia, Nevada, Arizona, Michigan, Wisconsin and North Carolina," the PAC said. The petition is not the America PAC's first time trying to collect valuable swing-state voter contact information online. But it is the first effort which includes an offer of money to people who help the PAC locate registered voters. Musk says he is the founder of the America PAC, which has received donations from people connected to him.
Persons: Elon Musk, Donald Trump, Trump, Musk Organizations: Republican, Trump, Sunday, Musk's America PAC, PAC, America PAC's, America PAC, North Carolina Attorney, Michigan, CNBC Locations: Butler , Pennsylvania, U.S, United States, Pennsylvania, Georgia, North Carolina , Nevada , Arizona , Michigan, Wisconsin, Pennsylvania , Georgia, Nevada , Arizona , Michigan, North Carolina, spokespeople, Butler, America
The upcoming month is a crucial time for the stock market, with a series of events that will make an impact. A quick peek at the history of S & P earnings reveals a couple of things. Note that the chart below depicts S & P earnings on a logarithmic scale —S & P earnings have grown by more than ninefold since January 1991. Over the past two years, S & P earnings have grown from ~$196 "per share" to about $204, an increase of 4%, but the S & P 500 Index has risen by more than 60% over the same period. Why not purchase a downside SPDR S & P 500 ETF Trust put spread if these cause a pullback?
Persons: Low, we'll Organizations: U.S, Trust, CNBC, NBC UNIVERSAL Locations: U.S
—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.
Persons: XOM, Katie Stockton Organizations: XLE, Exxon Mobil, bbl, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities
The 2024 box office has been inundated with sequels, prequels and remakes, with the top 10 titles of the year all coming from existing intellectual property. Looking at the current 2025 calendar, between 50% and 70% of the movies from the six major studios — Universal , Disney , Warner Bros. , Paramount , Sony and Lionsgate — will be related to existing IP. Craig T Fruchtman | Getty Images Entertainment | Getty ImagesEven before Hollywood was disrupted by the pandemic and the meteoric rise of streaming content, the domestic box office was heavily reliant on franchise titles. While that's a 11.3% drop from last year and lags 25% behind pre-pandemic levels, the haul is better than box office analysts had expected. "Some of the most well-received box office hits in recent memory have been sequels or films based on existing brands and there is still a variety of original content out there."
Persons: There's, Paul Dergarabedian, Guy, Bob Marley, Craig T Fruchtman, Kung, Dergarabedian, Kraven, Hunter, King, Shawn Robbins, Bridget Jones, MEGAN, Downton, Michael, John Wick Organizations: Marvel, Disney, — Universal, Warner Bros, Paramount, Sony, Lionsgate, Comscore, Getty, Hollywood, Universal, Century Fox, Warner Locations: Shanghai, China, Kingdom, New York City, Peru
People observe the scenery near Chinese national flags displayed for National Day celebrations on October 3, 2024 in Chongqing, China. National Day Golden Week is a holiday in China commemorates the founding of the People's Republic of China in 1949. U.S. broadband providers had their networks breached in a cyberattack tied to the Chinese government that targeted wiretap requests, the Wall Street Journal reported on Saturday. The cyber breach, carried out by the Chinese hacking group known as Salt Typhoon, poses serious national security risks, the WSJ reported. Read The Wall Street Journal's article here.
Organizations: Wall Street, WSJ Locations: Chongqing, China, People's Republic of China, Western, U.S
Angela Ramirez-Riojas, 18, is enrolled in Riverview High School's construction academy. Courtesy: Riverview High SchoolFor Angela Ramirez-Riojas, 18, going to college was always plan B. Ramirez-Riojas, who is a senior at Riverview High School in Riverview, Florida, enrolled in her school's recently opened vocational program in construction. "Construction trades is not just the physical part, there's other parts of it that encompass the whole industry," Lahdenpera said. In fact, new construction hires earn more than new hires in the professional services, according to payroll-services provider ADP.
Persons: Angela Ramirez, Ramirez, Riojas, I've, isn't, Erin Haughey, Riverview's, Haughey, Jeff Lahdenpera, It's, Lahdenpera, Katie Alderman, Ted Jenkin, Gen, There's Organizations: Riverview, Riverview High School, Finance, Teens, Neal Communities, Associated Builders and Contractors, Junior Achievement, Citizens Bank Locations: Riverview, Riverview , Florida, Lakewood Ranch , Florida, Atlanta
Within hours, Israel struck back and mounted an all-out war against Hamas that has claimed more than 40,000 Palestinian lives in Gaza, according to Gaza's Ministry of Health. Thousands of images have been taken since October 7: Dead bodies strewn on the ground, lying side by side near a bus stop in Israel. Ziv Koren, a 30-year veteran photojournalist with Polaris Images, was woken up on October 7 by the blaring sound of emergency sirens in Israel. Palestinian photographer Samar Abu Elouf was front and center in the early months of the war. The photographs are capturing history as it unfolds, “and these need to be taken every single day.”Editor's note: This gallery contains graphic images.
Persons: Israel, Young, what’s, Ziv Koren, , Samar Abu Elouf, Koren, Organizations: Hamas, Gaza's Ministry of Health, Protect Journalists, Polaris, CNN Locations: Israel, Gaza, Israeli, Tel Aviv, Palestinian
Chappell Roan has endured backlash on social media for sharing her political opinions and canceling shows. That quote was subsequently clipped and shared widely on social media, where uproar promptly ensued. Even if canceling shows could drive away fans, it's worth the riskFans at a Chappell Roan concert in October 2023. Maybe Roan should pull back from social media — but that's ultimately her callChappell Roan points at a photographer on the VMAs red carpet. Swift turned off Instagram comments years ago, Gomez has said she deleted the app from her phone, and others have quit posting on social media altogether.
Persons: Chappell Roan, , Roan, she's, who's, Taylor Swift's, TikTok, Donald Trump, Gen Zers, Kamala Harris, mispronouncing Harris, they're, chappell, ake, ould, ong, ike J ustin, elena G omez,, ike, B, R., hore, orth, veryone's, IKE —, hite Organizations: Service, Poets Department, Guardian, Democratic, ust Locations: Roan, rive, ashington, uman
"Joker: Folie à Deux" opens in theaters Friday. Here's a sampling of what critics think of "Joker: Folie à Deux," which is in theaters now. "'Joker: Folie à Deux' often recalls the series finale of 'Seinfeld,' insofar as it puts its main character on trial for his former misdeeds," he wrote. Related stories'Folie à Deux' really is a musical — just not a good onePhoenix and Gaga in "Joker: Folie à Deux." It's definitely not a movie for the fansGaga and Phoenix in "Joker: Folie à Deux."
Persons: Joaquin Phoenix, Lady Gaga, Harley Quinn, , Oscar, Todd Phillips, Arthur Fleck, Gaga's Lee Quinzel, Fleck, Warner, Phillips, Nick Schager, Arthur couldn't, IndieWire's David Ehrlich, Pete Hammond, TIME's Stephanie Zacharek, Johnny Oleksinski, Gaga, Lee, Niko Tavernise, Alison Willmore, Hollywood Reporter's David Rooney, Gaga tamps, Richard Lawson, Arthur's, Lawson, Arthur, It's, Critics, He's, he's, Variety's Owen Gleiberman, BBC's Nicholas Barber, it's, TIME's Zacharek Organizations: Rotten, Service, DC Comics, Phoenix, Arkham, Warner Bros, coy, New York, MGM, Miss, Hollywood Locations: CinemaCon, Miss Saigon
From time to time in markets, a single area or theme in the market gets "so embraced", "so believed in", "so relied on" that the theme in question becomes "overbought"... "expensive"... "full". Such is the case with the S & P 500 Utilities sector, by our work. The chart below of the Utilities Select Sector SPDR ETF (XLU) since the 2009 Financial Crisis low, tells the tale. At present, XLU is as "overbought" and "expensive" as at any time since the 2009 low. -Carter Braxton Worth For actionable recommendations via email and live nightly videos become a member at worthcharting.com .
Persons: Carter Braxton Worth Organizations: Utilities, , CNBC, NBC UNIVERSAL
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