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Burry, who now manages hedge fund Scion Asset Management, boosted his stakes in a few Chinese internet companies' ADRs, according to a regulatory filing. The trader added to his Alibaba bet by 29% to a stake worth more than $21 million, making it his largest position at the end of September. The widely followed investor also doubled his stake in JD.com , pushing it to become Scion's second-biggest holding, worth $20 million. Burry also increased his stake in Chinese search engine Baidu by 67% to a bet worth $13.2 million at the end of the third quarter. Burry was depicted in Michael Lewis' book " The Big Short " and the subsequent Oscar-winning movie of the same name.
Persons: Michael Burry, Burry, Michael Lewis, Molina Organizations: Asset Management, Baidu, Alibaba, American Coastal Insurance Corporation, Molina Healthcare, U.S . Securities, Exchange Locations: JD.com
Wolfe Research is laying out some potential stock winners if former president Donald Trump wins the White House and Republicans sweep both houses of Congress in November. Here are some of the stocks that could benefit from what Wolfe called "a GOP Trifecta" in the fall: Trump Media & Technology Group is one name that could win big from a Trump sweep. Coinbase is another potential winner from a Trump victory. Among other financial stocks, Wolfe Research also highlighted Charles Schwab . Wolfe also highlighted 3M , Halliburton , Dow and Sempra on a lengthy list of stocks that should benefit from a Trump win.
Persons: Wolfe, Donald Trump, Joe Biden, Biden, Coinbase, Charles Schwab, Ben Hendrix Organizations: White House, Trump Media & Technology, Trump, Wolfe Research, Health, UnitedHealthcare, RBC Capital, GOP, SolarEdge Technologies, Halliburton, Dow, Sempra
Eli Lilly became the most valuable health-care company in the world on the back of its blockbuster diabetes and obesity drugs. The billions of dollars in Eli Lilly is investing in manufacturing capacity support the idea that the long-term opportunity is immense. Adding Eli Lilly to the market could help address some of the obstacles that limited Leqembi's sales early on. Eli Lilly, which has spent billions in search of a successful Alzheimer's treatment , had hoped for donanemab to be approved by now. A sign with the company logo sits outside of the headquarters campus of Eli Lilly and Company on March 17, 2024 in Indianapolis, Indiana.
Persons: Eli Lilly, donanemab, Eli Lilly's, Donanemab, Leqembi —, Biogen, , Jim Cramer's, Ken Langone, Morgan Stanley, Cantor Fitzgerald, Leqembi, Jim Cramer, Jim, Scott Olson Organizations: Food and Drug Administration, FactSet, Novo Nordisk, FDA, GE Healthcare, CNBC, Company, Getty Locations: GLP, Indianapolis , Indiana
OpenAI is facing controversy. Again.
  + stars: | 2024-06-05 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
In today's big story, we're looking at the latest controversy to embroil OpenAI amid a difficult few months for the startup . Their takeaway was simple: OpenAI wants to have it both ways regarding how it's perceived about safety and commercialization. It's structured as a "capped-profit" company governed by a nonprofit, and Altman doesn't hold equity directly in OpenAI. The result, the VC told me, is people feel OpenAI is talking out of both sides of its mouth. It doesn't help that some OpenAI employees joined when that split was closer to 80/20 and favored safety over business, they added.
Persons: , we've, OpenAI Justin Sullivan, Chelsea Jia Feng, Anthropic signees, Scarlett Johansson, Elon, Madeline Berg, Sam Altman, Altman, Justin Sullivan, OpenAI, It's, Patrick McMullan, Jenny Chang, Rodriguez, Izzy Englander's, Griffin's, Marko Kolanovic, ANDREW CABALLERO, REYNOLDS, youngs, Mark Zuckerberg, Elon Musk, Keith Enright, Alyssa Powell, They've, Shopify, Dan DeFrancesco, Jordan Parker Erb, Jack Sommers, George Glover, Annie Smith Organizations: Service, Business, Google, Millennium Management, Getty Images, Facebook, CNBC, BI, SpaceX Locations: OpenAI, Patrick, It's, Tesla, New York, London
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The Club stock is trading around $328 per share Tuesday, so it's hardly been a steep pullback thus far. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Tuesday's, Jerome Powell, James Saccaro, Stanley Black, Decker, Jim Cramer's, Don Allan, Jim, Eaton, We'll Organizations: CNBC, Bank of, GE Healthcare, Eaton Corp, Nvidia, Costco, Walmart, Target, Amazon, Jim Cramer's Charitable Locations: Amsterdam, U.S, China, Europe, America
Global mergers and acquisition activity will soar this year, and several names could benefit from the comeback, according to Morgan Stanley. The firm expects global M & A volume activity to rise by 50% this year compared to 2023. "We believe that a cyclical and structural rebound in M & A is coming," Morgan Stanley said in a note titled "Stocks with Elevated Likelihood of Receiving an Offer," which was released Monday. Morgan Stanley pointed out that 2021 to 2023 could have seen a drop of activity worth between $4 trillion and $11 trillion. Morgan Stanley said it has no information about M & A activity involving the companies.
Persons: Morgan Stanley, Morgan, Stephen Ju, Morgan Stanley's Organizations: Health, Sarepta Therapeutics, Tenet Healthcare, Analysts, BMO Capital Markets, UBS, Hertz Global Holdings Locations: Europe
ATLANTA (AP) — Since Jimmy Carter entered hospice care at his home in south Georgia one year ago, the former U.S. president has celebrated his 99th birthday, enjoyed tributes to his legacy and lost his wife of 77 years. Those advocates commend the Carter family for demonstrating the realities of aging, dementia and death. Almost half of Medicare patients who died that year did so under hospice care. JIMMY CARTER’S ENDURANCE IS NOT UNUSUALIn 2021, the average stay of hospice patients who died was 92 days, MedPAC calculated. About 10% of enrollees who die in hospice care stayed more than 264 days.
Persons: Jimmy Carter, Rosalynn Carter, Carter, “ It’s, , Angela Novas, it’s, , Mollie Gurian, ” Gurian, Gurian, Chip Carter, Jimmy, Rosalynn, Novas, JIMMY CARTER’S, , Jimmy Carter’s, JIMMY CARTER, ” Novas Organizations: ATLANTA, Hospice Foundation of America, Medicare, Advisory, Novas, The Washington Post Locations: Georgia, Washington, Plains, U.S,
DINKs are proudly emerging as an aspirational class for young people — and they're ready to live it up. So when she set up her dating profile, Johnson included in her bio that she didn't want to have kids of her own. Amy Blackstone, the author of the 2019 book " Childfree by Choice ," said that the financial gap between DINKs and couples with kids wasn't solely because of the choice about children. DINKs, GINKs, " rich aunties ," and DINKWADs — DINKs with a dog — have become aspirational identities for younger generations. There are the DINKs who can seize the American dream and the parents who are struggling to stay afloat in a country without guaranteed paid leave or affordable childcare .
Persons: Elizabeth Johnson, Johnson, DINK, DINKs, they've, there's, Amy Blackstone, it's, Alex Killingsworth, Killingsworth, Marcia Drut, Davis, Drut, Blackstone, she'd, Gen Z, That's, X didn't, Zachary P, Neal, Jennifer Watling Neal, millennials —, I've, Marcia, she's Organizations: of, Johnsons, Minneapolis townhome, Federal, Consumer Finances, Broadway Locations: Florida, Swiss, Hawaii, Oregon, Canada, Alaska, Dominican Republic, of America, Minneapolis, Texas, New York, Michigan, Drut
Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch audio feature in time for the last hour of trading on Wall Street. Jim Cramer said is looking for stocks that have fallen after a big run but whose fundamentals are improving, like GE Healthcare . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Stocks, Christopher Waller, Ruth Porat, Morgan Stanley, Danaher, Estee Lauder, Jim Cramer's, Jim Organizations: CNBC, Fed, Bloomberg, GE Healthcare, Nvidia, Palo, Disney, ESPN, NFL, JPMorgan Healthcare, Bank, DuPont, Bank of America, Jim Cramer's Charitable Locations: Davos, Palo Alto
With interest rates expected to come down in 2024, real estate — a sector beloved for its steady income payments — could see upside in the new year. "When rates are low, a lot of income-oriented investors see that REIT dividend as very attractive, and they are willing to take the risks associated with equity investment to have this dividend payment." Jefferies is neutral on the office REIT sector but has raised its rating on Boston Properties to buy from hold. The senior housing occupancy rate was 84.4% in the third quarter of 2023, according to the National Investment Center for Seniors Housing & Care . That's up more than 6 percentage points from the pandemic low of 77.8%, but it's still off from the pre-pandemic occupancy rate of 87.1%.
Persons: REITs, Kevin Brown, Jefferies, Peter Abramowitz, Morningstar's Brown, it's, Brown, JPMorgan's Anthony Paolone, Ventas, — CNBC's Michael Bloom, Chris Hayes Organizations: Federal Reserve, Treasury, Boston Properties, Boston, National Investment Center, Seniors Housing & Care, Realty Locations: U.S, Boston, Friday's
Amazon Prime members just got cheaper healthcare
  + stars: | 2023-11-09 | by ( Tom Carter | ) www.businessinsider.com   time to read: +3 min
Amazon has announced that Prime subscribers will get $100 off membership of its healthcare service. AdvertisementAdvertisementAmazon has rolled out a new perk for Prime members: cheaper healthcare. The company has announced that customers who pay for Amazon Prime will now be able to get $100 off access to its One Medical healthcare service. Membership of One Medical, which usually costs $199 annually, will be available to Prime members for $99 a year. The new benefits, which started on Wednesday, allow Prime members to access 24/7 virtual care with One Medical.
Persons: , Amazon, Andy Jassy Organizations: Amazon, Service, Amazon Prime, Healthcare
Call it whatever you want, we're going to get that one and a half percent," the crown prince said. The Saudi Public Investment Fund (PIF), an entity controlled by Crown Prince Mohammed, has backed Saudi soccer clubs and LIV Golf. The LIV Golf merger with the PGA Tour has faced widespread scrutiny. Key U.S. lawmakers have criticized the pending golf merger as an attempt by the kingdom to distract from its human rights record. Prior to the deal, LIV Golf sued the PGA Tour for alleged anticompetitive practices, which prompted the PGA Tour to countersue, saying LIV Golf was stifling competition.
Persons: Saudi Arabian Crown Prince Mohammed bin Salman Al Saud, Prince Mohammed bin Salman, sportswashing, I'm, Critics, Jamal Khashoggi, Cristiano Ronaldo, Dustin Johnson, Bryson DeChambeau, LIV Golf, Crown Prince Mohammed, LIV, Osama bin Laden, It's, Sen, Richard Blumenthal, Conn, Jimmy Dunne, Ron Price, Price, Benjamin Freeman, — CNBC's Lillian Rizzo, Chelsey Cox Organizations: Saudi, Saudi Arabian Crown, Partnership, Global Infrastructure, Fox News, Washington Post, Neymar, PGA Tour, Saudi Public Investment Fund, Crown, Reuters, PGA, Key U.S, Homeland Security, Governmental Affairs, Tour, Quincy Institute, Responsible Locations: Saudi Arabian, New Delhi, India, Saudi, Europe, Saudi Arabia, Key, Yemen
Claiming Social Security benefits• Key deadline to watch: By age 60, you should go to the Social Security Administration website and review your statement, recommends Craig Copeland, director of wealth benefits research at EBRI. When to claim Social Security retirement benefits is one of the big questions retirees face. At full retirement age — 66 or 67, depending on your date of birth — you will receive 100% of the benefits you earned. "The later you can file for Social Security, the better it is as far as the amount you're going to get," John said. While you may start your Social Security retirement benefits at age 62, eligibility for Medicare generally does not start until age 65.
Equity duration is the time until the company's cash flows are received, weighted by their present values. Goldman defines its equity duration estimates as a weighted-average distribution of cash flows. However, short-duration stocks are the ones with strong earnings today, but no promise of earnings growth down the road. These short-duration names may provide a hedge against rising rates. The median implied equity duration for stocks in the basket is 18.3 years versus 22.2 years for the Russell 1000.
SYDNEY, Feb 23 (Reuters) - Australia's centre-left government said on Thursday it would push ahead with plans to change superannuation rules, including restricting early access to funds until retirement and limiting tax breaks for high-earners. Jones said restricting early access to funds is "fundamental" as it supported retirement incomes. Federal Treasurer Jim Chalmers estimates tax breaks on superannuation will cost the budget more than pension by 2050. Shadow Treasurer Angus Taylor told Sky News the savings of Australians were "not a piggy bank for the government to tax and spend." The chief of Australia's biggest pension fund, AustralianSuper, in November warned against government efforts to tap into retirement savings worldwide.
Stripe plans to lay off 14% of workers
  + stars: | 2022-11-03 | by ( Annie Palmer | ) www.cnbc.com   time to read: +11 min
Online payments giant Stripe plans to lay off roughly 14% of its staff, CEO Patrick Collison wrote in a memo to staff Thursday. Here's Collison's full memo:Earlier today, Stripe CEO Patrick Collison sent the following note to Stripe employees. We will pay 14 weeks of severance for all departing employees, and more for those with longer tenure. We'll accelerate everyone who has already reached their one-year vesting cliff to the February 2023 vesting date (or longer, depending on departure date). We'll cover career support, and do our best to connect departing employees with other companies.
Până când Primăria Chişinău va cumpăra asfalt cald, suntem nevoiţi să mergem prin gropi. După ce a tot cerut Ministerului Economiei şi Infrastructurii o soluţie, Ion Ceban a pus un ultimatum de două săptămâni. Dacă pe traseu drumurile sunt, cât de cât, bune, prin oraş e mai rău. Potrivit lui Ceban, e imposibil să găseşti o companie care să vândă asfalt cald conform noilor standarde de calitate. "Anul trecut, aplicarea marcajului rutier a început prin mai.
Persons: licitaţia, Ceban, Lupu, Alexei Mateevici Organizations: Economiei, Municipalitatea, Chişinăul, Ministerul Economiei Locations: Chişinău, Aceeaşi, Capitală, reparaţie, Primăria Chişinău, Capitalei, Moldova
Set de filtrare (1 unitate) Specificații tehnice: Pâlnie: volum 500 ml. Documente confirmative: Manualul de prezentare a traducerii la momentul livrării în limba română - copie confirmată prin semnătura și ștampila ofertantului. Specificații tehnice: Volum: 70 litri;Domeniul temperaturii programabile: + 3 …+70, rezoluția de programare ± 0,1C;Dimensiuni ale camerei de lucru 570x600x680mm;Controler - Microprocesor PID;Afișaj - LCD, control microprocesor. 110. ph-Metru Descriere echipament: ph-Metru este un echipament utilizat în laborator, pentru măsurarea pH-lui și a temperaturii în laborator și conductivitatea apei potabile. Documente confirmative: Manualul de prezentare a traducerii la momentul livrării în limba română - copie confirmată prin semnătura și ștampila ofertantului.
Locations: 30min
„Astăzi, 11 ianuarie, la ora 6 dimineata, a plecat din viață cel mai luminos Om - Alexei Revenco. Fostul consilier municipal Oleg Cernei a menționat că a fost internat împreună cu Alexei Revenco timp de opt zile în secția de terapie a spitalului „Sfânta Treime” din Chișinău. Redactorul prezentator Alexei Revenco a activat la Radio Moldova peste patru decenii. Radio Moldova este zbuciumul tinereţii mele frumoase”, mărturisea prezentatorul în unul din interviurile sale. Pentru munca conştiincioasă şi prodigioasă întru promovarea valorilor naţionale şi imaginii ţării, Alexei Revenco a fost distins cu Ordinul ,,Gloria Muncii” şi cu titlul onorific ,,Maestru în artă”.
Persons: Alexei Revenco, Ghimpu Munteanu, Oleg Cernei, Alexei, Maia Sandu, Munteanu, Treime Organizations: Radio Moldova, facebook, Muncii Locations: Chișinău, Moldova, Alba Iulia
Placa video . Cu alte cuvinte, atunci când un computer execută o sarcină, o copiază din memoria de bază în RAM și o procesează acolo. Placa video nu va putea transfera imaginea pe monitor fără a o primi prin placa de bază. De exemplu, pentru calculatoarele de gaming și creației de conținut vizual este important procesorul și placa video. Asamblând singur un calculator, nu doar că vei cheltui mai puțin, dar vei obține dispozitivul care ți l-ai dorit și a cărui resurse le vei utiliza la maxim.
Organizations: Intel, AMD, PC, NVIDIA Locations: Chișinău, Moldova
05:40Din ce în ce mai multe femei îşi pun această întrebare cu o frecvenţă tot mai mare. Lipsa de energie ne privează de momente plăcute alături de cei dragi, ne face mai puţin productive la locul de muncă şi, în general, nu ne permite să ne simţim împlinite şi fericite. Dacă şi ţie ţi se întâmplă să te simţi obosită aproape întreaga zi, indiferent de cât de mult dormi, iată care ...
05:40Din ce în ce mai multe femei îşi pun această întrebare cu o frecvenţă tot mai mare. Lipsa de energie ne privează de momente plăcute alături de cei dragi, ne face mai puţin productive la locul de muncă şi, în general, nu ne permite să ne simţim împlinite şi fericite. Dacă şi ţie ţi se întâmplă să te simţi obosită aproape întreaga zi, indiferent de cât de mult dormi, iată care ...
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