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Now some on Wall Street believe Tesla no longer deserves to be among the coveted " Magnificent 7 ," and are suggesting alternatives that could replace Elon Musk's company. "The Magnificent 7 now looks more like the Magnificent 6 as Tesla falls from the crowd," billionaire investor Leon Cooperman , CEO of the Omega Family Office, said on CNBC's " Squawk Box " Tuesday. Meanwhile, there are now 29 companies that contributed more to S & P 500 earnings than Tesla, according to Strategas Securities. The research firm identified three companies with both market cap weighting and earnings contributions (for the next 12 months) larger than Tesla — Berkshire Hathaway , Broadcom and Eli Lilly . "Berkshire spent last year fliting with the top seven, but Broadcom and Lilly have steadily gained share," Strategas said in a note.
Persons: Tesla, Elon, Leon Cooperman, Berkshire, Eli Lilly, Lilly, Strategas, Warren, Eli Lilly's, — CNBC's Michael Bloom Organizations: Elon Musk's, Omega, Strategas Securities, Berkshire Hathaway, Broadcom, Berkshire, JPMorgan Locations: Warren Buffett's Berkshire
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Omega Family Office chairman and CEO Leon CoopermanLeon Cooperman, Omega Family Office chairman and CEO, joins 'Squawk Box' to discuss the latest market trends, the Fed's rate path decision, state of the economy, antisemitism on campus, 2024 race, Elon Musk, and more.
Persons: Leon Cooperman Leon Cooperman, Elon Musk Organizations: Omega Family
Leon Cooperman says he will not vote for Trump or Biden
  + stars: | 2024-02-06 | by ( Ryan Anastasio | ) www.cnbc.com   time to read: +2 min
Billionaire investor Leon Cooperman said Tuesday that he would not vote for President Joe Biden or former President Donald Trump in a hypothetical November rematch. I don't know who's bad, I don't know who's worse," Cooperman said on CNBC's Squawk Box. Cooperman, the chair and CEO of the Omega Family office, has mostly backed Republicans in the past, but says he supported Biden in 2020 as a vote against Trump. Biden's campaign began the year with about $46 million in cash, according to FEC filings, more than the $33 million that Trump's campaign had. The poll also found Trump beating Biden 47% to 42% in a hypothetical 2024 rematch.
Persons: Leon Cooperman, Joe Biden, Donald Trump, Cooperman, Biden, he's, He's, Mitt, Trump, Chris Christie, Democratic Sen, Joe Manchin, Republican Sen, Rick Scott, Jeb Bush's, Hillary Clinton's, Biden's Organizations: Omega, Trump, New, New Jersey Gov, Democratic, Republican, Florida Gov, Sunday NBC, Biden Locations: Mitt Romney's, New Jersey
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBillionaire investor Leon Cooperman on Biden-Trump rematch: One's bad, the other one's worseLeon Cooperman, Omega Family Office chairman and CEO, joins 'Squawk Box' to discuss the latest market trends, the Fed's rate path decision, state of the economy, antisemitism on campus, 2024 race, Elon Musk, and more.
Persons: Leon Cooperman, Elon Musk Organizations: Billionaire, Biden, Trump, Omega Family
So it was surprising that the end of Sunday night’s season premiere of “Curb Your Enthusiasm” — look out, spoilers coming — took pretty, pretty, pretty clear aim at the major voting law Georgia passed in 2021. Larry David, who as the show’s curmudgeonly star is better known for breaking social norms than actual laws, travels to Atlanta in the episode. “Sir, in the navy blazer, put your hands in the air,” an officer says to a confused Mr. David. In another episode, the cantankerous Mr. David realizes that wearing a “Make America Great Again” hat around liberal Los Angeles gets him out of many unwanted meetings and interactions. In an interview with TheWrap, one of the show’s executive producers said that its writing team had decided to somehow incorporate the Georgia law back when it passed two years ago.
Persons: , Georgia, Larry David, Leon, she’s, Larry, Sir, David, , Donald J, Trump, ” Jordan Fuchs, David —, Elmo, David’s, TheWrap, Jeff Schaffer, Organizations: Recreation, Los Angeles Locations: , Atlanta, Georgia, Fulton
Billionaire investor Leon Cooperman forecasts that the stock market and its hefty valuations could see losses this year, while long-duration Treasury yields could test higher again. Forget the six times that the market was discounting, but I think the long end will go up," Cooperman said. Cooperman pointed out that the S & P 500 is now trading at 21 times forward earnings, which seems unsustainable. Not a buyer of bonds Another factor that could drive long rates higher is the burgeoning U.S. fiscal deficits, Cooperman added. "I think we're going to have inflation," Cooperman said.
Persons: Leon, Cooperman, Jerome Powell, Powell, Paul Tudor Jones, he's Organizations: Omega Family Office, Reserve, CBS Locations: U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLeon Cooperman: A lot of value in certain sectors of the market, but one should have a cautious viewLeon Cooperman, Omega Family Office chairman and CEO, joins 'Squawk Box' to discuss the latest market trends, the Fed's rate path decision, state of the economy, antisemitism on campus, 2024 race, Elon Musk, and more.
Persons: Leon Cooperman, Elon Musk Organizations: Omega Family
At the Leon’s Centre arena, home to the junior hockey team in Kingston, Ontario, a sense of outrage mixed with anticipation as fans who had gathered for a game grappled with the news that five former Canadian junior hockey players — four of whom played in the National Hockey League — had been charged last week with sexual assault. There the police, who first investigated but didn’t bring charges in 2018, plan to hold their first news conference about the case on Monday afternoon. The allegations have touched a nerve with fans, leading many to question how Hockey Canada, the nation’s governing body for the sport, has responded. The case came to light in May 2022 after TSN, a sports channel that broadcasts the world junior championship, reported that Hockey Canada had paid 3.5 million Canadian dollars, or $2.6 million, to settle a lawsuit brought by a woman who said she had been sexually assaulted by eight junior league players. At the time of the assault is said to have occurred, all of the players were members of Canada’s national junior team.
Persons: National Hockey League — Organizations: Canadian, , National Hockey League, Ontario, Justice, Hockey Canada, TSN Locations: Kingston , Ontario, London , Ontario
It may be just electioneering: López Obrador leaves office in September, and he really wants his party’s candidate, former Mexico City mayor Claudia Sheinbaum, to win the presidential elections. López Obrador has made other unfulfilled promises in the past, like pledging Mexico would have a health care system “better than in Denmark." But the cost of what López Obrador is proposing for pensions is striking. The other half of Mexicans, who work under the table in the ‘informal’ economy, have no pension program at all. It seems unlikely to be achieved, so why would López Obrador propose it?
Persons: , Andrés Manuel López Obrador, López Obrador, Claudia Sheinbaum, “ It's, Morena, , Gabriela Siller, It's, he'll, “ López Obrador, Claudia, Sheinbaum, Viri Ríos Organizations: MEXICO CITY, Mexico City, Morena, Nuevo Leon, Banco Base, López Obrador doesn’t, National Guard Locations: MEXICO, Mexico, Denmark, Morena
Mostly, Larry David’s extended swan-song provides a final chance to watch him and his pals carry on like idiots, feeling a little more hit-miss in the execution. Larry David and J.B. Smoove in "Curb Your Enthusiasm." That unique dynamic alone has made “Curb” a fascinating experiment, which has lasted far longer than even David probably could have envisioned. Even with all that creative freedom, given David’s quirks, real and imagined, its longevity is frankly remarkable. “Curb Your Enthusiasm” begins its 12th and final season February 4 at 10 p.m.
Persons: , Larry David’s, Larry, , Jeff, Jeff Garlin, David, Susie, Susie Essman, Leon, J.B, Richard Lewis, Ted Danson, Larry’s, Cheryl, Cheryl Hines, Robert F, Kennedy Jr, Tracey Ullman, Larry doesn’t, he’s, Larry David, John Johnson, Siri, there’s, “ Seinfeld Organizations: CNN, HBO, Warner Bros .
TORONTO (AP) — Connor McDavid won the NHL All-Star Skills competition Friday night, taking home the $1 million prize while showing once again why he is considered the best hockey player in the world. "I thought it was a fun event," McDavid said. Photos You Should See View All 45 ImagesThree players from the Western Conference rival Colorado Avalanche also put on a show. The prize money was one of the new wrinkles at the redesigned skills competition that featured just 12 players. Nurse and Turnbull were among the players who took part in the PWHL 3-on-3 showcase Thursday night.
Persons: — Connor McDavid, McDavid, I’m, Leon Draisaitl, Nathan MacKinnon, Cale Makar, Alexandar Georgiev, , , ” Draisaitl, , Auston Matthews, William Nylander, Nikita Kucherov, David Pastrnak, Kucherov, Doug Gilmour, Steve Thomas, Sarah Nurse, Blayre Turnbull, Turnbull, ___ Organizations: TORONTO, NHL, The Edmonton Oilers, ” Oilers, Western Conference, Colorado Avalanche, Leafs, Toronto Professional Women’s Hockey League, Canadian
NEW YORK (AP) — One of the world’s largest and most influential publishers, Simon & Schuster, celebrates its 100th anniversary this year. The list tells many stories, through the books selected, not selected, and the evolution of what has been highlighted. “A group of Simon & Schuster staffers took on the daunting challenge of selecting 100 titles from our history that are believed to best represent the breadth and depth of the company’s publishing program, across imprints,” the publisher announced Wednesday. “That book actually had an influence on the course of events.”Like many leading publishers, Simon & Schuster began as an independently owned company and vastly expanded after the 1960s. Along the way, Simon & Schuster acquired numerous other publishers, whose books are now part of the S&S catalog and its centennial list.
Persons: Simon & Schuster, Simon, Gregory Hartswick, Prosper Buranelli, Margaret Petherbridge, Richard Simon, Max Schuster, , Schuster, Jonathan Karp, Sloan, veteran’s, Karp, , — Ralph Ellison, Maya Angelou, Richard Wright, Harper, James Baldwin, Alex Haley, Langston Hughes, Toni Morrison, ” Karp, Ntozake Shange’s, Jenny Han’s “, ” Carlos Eire’s “, ” Siddhartha Mukherjee's “, ” Jason Reynolds ’, Safiya, Wendy Sherwin, didn’t, John Irving, Bruce Springsteen’s, Doris Kearns Goodwin’s Pulitzer, Franklin, Eleanor Roosevelt, Abraham Lincoln, Barack Obama, Rivals ’, Barack Obama’s, Hillary Clinton, Scott Fitzgerald’s “, ” Ernest Hemingway’s “, Alan Paton’s “, Scribner, Judy Blume’s “, Margaret ”, Walter Isaacson’s “ Steve Jobs, Frederick Backman's, Ove, Dale Carnegie’s, Leon Shimkin, David McCullough's, Wright, Blume, Woodward Organizations: Simon &, New York, HarperCollins, Dial Press, Doubleday, Knopf, , Rivals, KKR, Win, Carnegie Locations: , Snow, Havana
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're one of the most undervalued stocks on Wall Street, says Nucor CEO Leon TopalianNucor Chair, President and CEO Leon Topalian sits down with 'Mad Money' host Jim Cramer to talk the steel industry, the impact of the Chips and Sciences Act, quarters results and more.
Persons: Leon Topalian, Jim Cramer Organizations: Chips, Sciences
Nucor CEO Leon Topalian debriefed the steelmaking company's Tuesday earnings report with CNBC's Jim Cramer, explaining why the company has been especially profitable over the past few years. "This represents the third most profitable year in Nucor's history behind 2022 and 2021," Topalian said in the company earnings call. "In fact, Nucor's combined net earnings over the past three years exceeds the combined net earnings of the last 20 years. This is a testament to the focus and dedication of our team as we execute our strategy to grow the core, Expand Beyond, and live our culture." Topalian said Nucor benefits from a number of government initiatives that boost demand for steel and incentivize domestic manufacturing.
Persons: Leon Topalian, CNBC's Jim Cramer, Nucor, Topalian, Tuesday's Organizations: Biden Locations: North America, U.S, Nucor, United States
MEXICO CITY (AP) — Regional Mexican music — a catchall term that encompasses mariachi, banda, corridos, norteño, sierreño and other genres — has become a global phenomenon, topping music charts and reaching new audiences as it crosses borders. Overall, regional Mexican music grew 60% in the U.S., accounting for a whopping 21.9 billion on-demand audio streams. On Spotify, Mexican music grew 400% worldwide over the last five years, according to Uriel Waizel, lead editor at Spotify Mexico. And I think that is exciting.”Waizel says that while Mexican music is centuries old, “current Mexican music is breaking because it is the music that young people listen to." Actor and singer Lucero, a veteran performer of regional Mexican music, also remembers those days.
Persons: Selena Quintanilla, Eslabon, Pluma’s “ Ella Baila Sola, , Eslabon Armado, Junior, Leila Cobo, Billboard’s, Uriel Waizel, Pluma, Taylor Swift, ” Cobo, Waizel, Édgar Barrera, Drake, Barrera, Carín León, Maluma, Don Juan, León, ” Maluma, Pedro Tovar, wasn't, Juan Gabriel, Vicente Fernández's, , ’ ”, Gabriel Abaroa Jr, Lucero, Becky G, couldn't, it’s, I’m, ” ___ Sherman Organizations: MEXICO CITY, — Regional, Spotify, Grupo Frontera, U.S ., Fuerza Regida, Associated Press, Cobo, Spotify Mexico, YouTube, Fuerza, Premios Juventud, AP, Latin Recording Academy, Mexicans Locations: MEXICO, Mexican, , U.S, Mexico, Frontera, Puerto Rico, , Mexican American, Los Angeles
EDMONTON, Alberta (AP) — Connor McDavid had two goals and an assist, backup Calvin Pickard made 27 saves for his fifth career shutout and the Edmonton Oilers won their 15th straight game with a 3-0 victory over the Chicago Blackhawks on Thursday night. Zach Hyman also scored and Leon Draisaitl had three assists for the Oilers, who are just the fifth team in NHL history to win 15 or more consecutive games. The Oilers are 23-3-0 in their last 26 games and have gone a franchise-record 13 consecutive games allowing two or fewer goals. Petr Mrazek stopped 31 shots for the Blackhawks, who have lost 19 consecutive road games (0-18-1). Entwistle attempted to send his shot through Pickard’s legs, but the Oilers goalie stopped him.
Persons: — Connor McDavid, Calvin Pickard, Zach Hyman, Leon Draisaitl, Petr Mrazek, Draisaitl, Mackenzie Entwistle, Vincent Desharnais, Entwistle, McDavid, Hyman, Sam Gagner, ___ Organizations: Edmonton Oilers, Chicago Blackhawks, Oilers, Pittsburgh Penguins, Blackhawks, Edmonton, Chicago, McDavid, Columbus, The New York Islanders, Penguins, Blue Jackets, UP NEXT Blackhawks, Calgary Flames, Saturday, Nashville Predators Locations: EDMONTON, Alberta, Chicago, McDavid
CNN —US and AC Milan midfielder Yunus Musah is used to hostility – passionate and aggressive crowds are part of the game after all. Instead, Italian soccer found itself in the midst of another alleged racism scandal – one that Musah was around to witness firsthand. “So it was really, really important that when we saw that, the whole team reacted great. Prior to joining Milan, Musah spent the first three years of his senior career with Spanish side Valencia. During a league match against Real Madrid in May last year, a Valencia fan subjected opposing forward Vinícius Jr. to persistent racist abuse.
Persons: Yunus Musah, “ We’re, ” Musah, Darren Lewis, Mike Maignan, Noah Okafor, Musah, Mike, , , ” Maignan, Fabio Maresca, Maignan, Romelu, Vinícius, Pablo Morano, Reuters Musah, ” “, they’re, Omar Beckles, George Floyd, Germany's Leon Goretzka, Mike Lawrence, “ We’d, ’ ”, Milan Women’s Christy Grimshaw, You’ve, “ We’ll Organizations: CNN, US, AC Milan, Soccer, Serie, Udinese, Milan, ” Udinese, Serie A, Ciancaphoto, Udinese Calcio, Italian, Roma, Spanish, Real Madrid, Reuters, England’s, ’ Association, Getty, Milan’s, Locations: Italy, Lazio, , Valencia, New York, London, England
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementRecent advances in generative AI, spurred by OpenAI's ChatGPT , mean the technology is now a much bigger problem. In the UK, research by Fenimore Harper Communications found more than 100 deepfake video ads impersonating Prime Minister Rishi Sunak on Facebook. Though it's not clear exactly who is behind the deepfakes in the US and UK, the recent proliferation of AI means almost anyone with internet access and an AI tool can cause some havoc. Earlier this month, OpenAI unveiled its plans to prevent the misuse of AI ahead of this year's elections.
Persons: , Ethan Mollick, OpenAI's ChatGPT, Joe Biden, Deepfake robocalls, Joe Biden's, Drew Angerer, Biden, Rishi Sunak, Leon Neal, Fenimore Harper's, Meta, it's, Mollick, OpenAI, Lisa Quest, Oliver Wyman, Spriha Srivastava Organizations: Service, Business, Voters, Wharton, NBC News, PLOS, Fenimore Harper Communications, Facebook, UK, Ireland Locations: Britain, India, Mexico, New Hampshire, Turkey, Malaysia, Philippines, United States, Davos
Our experts answer readers' personal loan questions and write unbiased product reviews (here's how we assess personal loans). After our relationship got to a point where we realized we were better off as friends, we researched how to get out of a domestic partnership, and it's pretty simple. I took out a personal loan for debt consolidationDuring the time we were domestic partners, we took out a debt consolidation loan for $25,000 from Lending Club in June 2022. The loan was for $25,000, and it was taken out as a personal loan that we were using for debt consolidation. The reason we went into a domestic partnership was partly romantic and partly practical.
Persons: Ethan Hamm, Kyle Leon Henderson, we'd Organizations: Lending Club Locations: California, Sacramento, Alabama, New York City, Los Angeles, COVID
CNN —Union Berlin’s head coach Nenad Bjelica was sent off for twice pushing Bayern Munich forward Leroy Sané in the face during a feisty Bundesliga encounter on Wednesday. As players and coaching staff rushed in to separate the pair, Bjelica again put his hand in Sané’s face. On the pitch, Bayern Munich was keen to hit back after losing to Werder Bremen last time out. Despite all its first-half dominance, Bayern began to creak as the game wore on and Union Berlin had a number of chances to equalize. The referee waved away the protests from Union Berlin’s players and Bayern managed to hold on for an important win.
Persons: Nenad Bjelica, Leroy Sané, Sané, Bjelica, , ” Bjelica, Frederik Rønnow, Angelika Warmuth, Harry Kane, Raphaël Guerreiro, Kane, Union Berlin, Kevin Behrens, Konrad Laimer, Leon Goretzka Organizations: CNN — Union Berlin’s, Bayern Munich, Bayern, Werder Bremen, Reuters, Union, Union Berlin’s, ” Bayern, Bundesliga, Bayer Leverkusen
PARIS (AP) — An air of surrealism enveloped Chanel’s Spring Couture show Tuesday as celebrity guests including Naomi Campbell and Kendrick Lamar faced a navigational challenge: walking past a towering pair of open metal scissors. Here are some highlights of Tuesday’s spring couture shows:BUTTONS AND BALLETThe button is a humble icon, but it was not always so. Viard used the button-jewels as a spice for the drama of the ballet stage, scattering them across contrasting and often segmented silhouettes. The house was keenly aware of its history: 2024 marks a century since Coco Chanel first ventured into ballet design. In a world that often seeks the innovative, Mabille reminds us of the enduring allure of classic couture.
Persons: Naomi Campbell, Kendrick Lamar, Baz Luhrmann, Gabrielle “ Coco ” Chanel, , Virginie Viard, Viard, Coco Chanel, Léon Bakst, Sergei Diaghilev, Chanel, ” Viard, Karl Lagerfeld, didn’t, Margaret Qualley, Andie MacDowell, Dave Free, Barbra Streisand’s, , Rue, Anna Mouglalis, Alexis Mabille Organizations: PARIS, Palais, Russes, Rue Cambon Locations: Paris
DONETSK, UKRAINE - JANUARY 21: A view of the damage after the shelling in the market place in the Ukrainian city of Donetsk, which is currently under Russian control, ongoing Russian and Ukrainian war on January 21, 2024. At least 25 people were killed and 20 others injured on Sunday due to shelling in the Ukrainian city of Donetsk, which is currently under Russian control. (Photo by Leon Klein/Anadolu via Getty Images)The number of people killed or injured in a missile strike on a market in Donetsk city on Sunday has risen, a Russian-installed official said Monday. Pushilin blamed the attack on Ukraine, saying it had resorted to targeting civilians as a result of failures on the battlefield. Pushilin also claimed Ukraine had used cluster munitions in the strike, which the Kremlin described as a terrorist attack.
Persons: Leon Klein, Denis Pushilin, Pushilin, — Holly Ellyatt Organizations: Anadolu, Getty, Donetsk, RIA Novosti, Russian Locations: DONETSK, UKRAINE, Ukrainian, Donetsk, Russian, Donetsk People's Republic, Ukraine
DONETSK, UKRAINE - JANUARY 21: A view of the damage after the shelling in the market place in the Ukrainian city of Donetsk, which is currently under Russian control, ongoing Russian and Ukrainian war on January 21, 2024. At least 25 people were killed and 20 others injured on Sunday due to shelling in the Ukrainian city of Donetsk, which is currently under Russian control. Moscow accused Kyiv of launching a missile strike on a market in Donetsk city, killing at least 25 people and wounding 20 others, Russian officials said. Particularly severe Russian strikes are in the Donetsk region," Zelenskyy said in his nightly address. "There have been more than 50 Russian shelling incidents just from multiple rocket launcher systems, and also dozens of airstrikes and missile strikes," he said.
Persons: Leon Klein, Novatek, Volodymyr Zelenskyy, Zelenskyy, — Holly Ellyatt Organizations: Anadolu, Getty Images, CNBC Locations: DONETSK, UKRAINE, Ukrainian, Donetsk, Russian, Russia, Ukraine, Moscow, Baltic, Bryansk, Leningrad, Chernihiv, Sumy, Mykolaiv, Bakhmut
The Red Square mausoleum where his embalmed corpse lies in an open sarcophagus is no longer a near-mandatory pilgrimage but a site of macabre kitsch, open only 15 hours a week. The ideology that Lenin championed and spread over a vast territory is something of a sideshow in modern Russia. “As a result of Bolshevik policy, Soviet Ukraine arose, which even today can with good reason be called ‘Vladimir Ilyich Lenin’s Ukraine.' The Mayakovsky poem that proclaimed Lenin's immortality was “a parting word, or a spell, or a curse,” Rudakov said. At the annual military parade through Red Square, the structure is blocked from view by a tribune where dignitaries watch the festivities.
Persons: soothed, “ Lenin, Lenin, Vladimir Lenin, Vladimir Mayakovsky, Vladimir Putin's, Konstantin Morozov, Gennady Zyuganov, , Putin, Vladimir Ilyich Lenin’s, ” Putin, , VTsIOM, Nadezhda Krupskaya, Lenin's, Yuri Annenkov, Josef Stalin, Leon Trotsky, Russian Orthodox Church —, Bolsheviks —, Stalin, Trotsky, Lenin ”, , Vladimir Rudakov, ” Rudakov, Jim Heintz Organizations: Moscow Zoo, Communist Party, Russian Academy of Sciences, AP, Union of Russian Architects, Russian Orthodox Church, Bolsheviks, Tass, The Associated Press Locations: Soviet Union, Russia, Moscow, St, Petersburg's Finland, United Russia, Ukraine, Soviet Ukraine, Vladimir Ilyich Lenin’s Ukraine, Soviet, Russian, Red, USSR, Estonia
On Thursday night, the Sundance Film Festival in Park City, Utah, which is celebrating its 40th edition this year, was bustling. The Sundance Institute brought together a crowd of people, which included film industry players like Christopher Nolan, who found early success through the festival. The dress code, listed as “upscale mountain chic,” led to ensembles ranging from boxy sweaters to velvet suits. Guests discussed the film lineups, ate dates wrapped with bacon and drank espresso martinis. Nearby, actors and actresses posed for photographers and dredged up old festival memories.
Persons: Leon Bridges, Christopher Nolan, Organizations: Sundance Film, Eccles Theatre, Sundance Institute Locations: Park City , Utah, Kamas , Utah
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