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Gaza in Ruins After a Year of War
  + stars: | 2024-10-07 | by ( Raja Abdulrahim | Helmuth Rosales | Bilal Shbair | ) www.nytimes.com   time to read: +20 min
Jabaliya Gaza City Gaza Strip Israel Mediterranean Sea Khan Younis Egypt Jabaliya Gaza City Gaza Strip Israel Mediterranean Sea Khan Younis Egypt Jabaliya Gaza City Gaza Strip Mediterranean Sea Israel Khan Younis EgyptGaza in Ruins After a Year of War Much of Gaza has been destroyed by Israel’s relentless military campaign. Sea Gaza Strip Israel Egypt Gaza City 74% of buildings have been likely damaged or destroyed. Gaza City, the strip’s capital, is home to the ancient Old City, as well as Al-Rimal, a once-vibrant, upper-middle-class neighborhood. Omar Al-Mukhtar Street, Gaza City Before Fouad Abu JasserThe park was a gathering place for rallies and protests. Omar Al-Mukhtar Street, Gaza City After AFPNot far away, the Rashaad Shawa center, which housed the oldest library in the Gaza Strip, has been severely damaged.
Persons: Khan, Khan Younis, Israel Egypt Khan Younis, Abu Kayan, Mamdouh Aljbour, , Ahmed Abu, Bilal Shbair, Belal Barbakh, Barbakh, Hamada, Sisters Asan, Elan, Abdulraouf Barbakh, , Barbakh’s, Jamal Subuh’s, Subuh, Jamal, Jamal Subuh, nourishing Gazans, Dina, Reuters Ahmed Abu Sultan, Mr, Abu Sultan, , Omari, Omar Al, Mukhtar, Riyad Al, Masri, Al, Rimal, Gazans, Fouad Abu Jasser, Shawerma Al, Sheikh Omar Al, wasn’t, Ahmed Emqat, Ihsan Abdo, Husam Skeek, Jabaliya, Nahed Al, Fatima Hussein, Ahmed Jawda, Assali, Jawda Organizations: Hamas, Cream, Citadel, Sisters, Facebook, Agricultural Organization, Byzantine, Reuters, Reuters Al, AFP, Palestine, Med, Israel Egypt Jabaliya, AFP Al, Times, Bank, Gazans Locations: Israel, Gaza, Egypt, Khan Younis Egypt Gaza, New York City, Gaza City, Med, Israel Egypt, Khan, Facebook, Farra, Jamal, Israel Egypt Gaza, Old City, Gaza . Old City, Omari, Al, Aqsa, Jerusalem, Riyad, Palestine, Gazans, Jabaliya, Jabaliya’s Al
Gang members brandishing automatic rifles stormed through a town in Haiti’s main breadbasket region, killing at least 70 and forcing over 6,000 to flee, causing widespread shock even in a country grown accustomed to outbreaks of violence. More people were severely injured in the attack in the early hours of Thursday at Pont-Sonde, in the agricultural region of Artibonite in western Haiti. “For now, reinforcements are at the location to contain the situation and security forces are in control,” the spokesperson said. Many victims were shot in the head as gang members went house to house, Horace said. The U.N. estimated at the end of September that 3,661 people had been killed in the gang violence since January.
Persons: Gran Grif, Luckson Elan, Marc, Garry Conille, , Horace, Horace said, , RNDDH, Sonde, Gran, Elan, Jimmy “, Antonio Guterres Organizations: , Reuters, , Saint, Police, U.S Locations: Haiti’s, Pont, Sonde, Artibonite, Haiti, Saint, Caribbean, Haitian, Verrettes, , La Saline, Haiti’s breadbasket, Port, Kenya, United States, Dominican Republic
CNN —At least 70 people, including three infants, were killed in a gang attack in the central Haiti town of Pont Sondé, the United Nations Human Rights Office said in a statement on Friday. Members of the “Gran Grif” gang used automatic rifles to kill at least 70 people on Thursday, including 10 women and three infants, according to the UN. The attack occurred in Haiti’s Artibonite department, a crucial agricultural center about 50 miles north of Port-au-Prince, where gang violence has continued to spread, according to the UN. At least 16 people were seriously injured in the attack, including two gang members hit during an exchange of fire with Haitian police, the UN said. “Despite an extremely difficult security context, the victims of this attack are being cared for by local institutions,” the ministry said.
Persons: Pont Sondé, Garry Conille, Grif, Luckson Elan, , , Conille Organizations: CNN, United Nations Human Rights, UN, Haitian, Haitian Ministry of Health, Multinational Security, Haitian National Police Locations: Haiti, Pont, Haiti’s Artibonite, Port, Haitian, Artibonite, United States, Caribbean
Morgan Stanley reiterates Apple as overweight The firm said iPhone 16 demand may not be as bad as feared after comments from the T-Mobile CEO. Morgan Stanley reiterates Nio as overweight Morgan Stanley said it's bullish on the EV company as Nio unveils its latest mid-sized family model, the L60. " Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's concerned about the company's robotaxi event but that it's standing by the stock. Morgan Stanley downgrades Elanco to equal weight from overweight Morgan Stanley said it "lacks conviction" in shares of the pet biopharma company. "We are initiating on Coursera (COUR) with a Buy rating and a PO of $11 (44% upside potential).
Persons: Morgan Stanley, Apple, TMUS, Piper Sandler, Robinhood, Piper, KeyBanc, Redburn, Mizuho, Raymond James, Nio, it's bullish, TD Cowen, Cowen, Tesla, it's, Hertz, Wells, Morgan Stanley downgrades Elanco, rideshare Organizations: Mobile, Apple Intelligence, JPMorgan, Gas Sciences, Kodiak Gas Services, Talos Energy, Northern Oil, Nio, Micron, Barclays, UW, Laboratories, Abbott Laboratories, Outfront Media, " Bank of America Locations: Kodiak
Fidelity Rewards Visa Signature OverviewIf you're new to investing and want a hands-off way to earn (and invest) rewards from your everyday spending, the Fidelity® Rewards Visa Signature® Card is an easy starting point. Fidelity Rewards Visa Credit Card RewardsWith the Fidelity® Rewards Visa Signature® Card, you'll earn 2 points per dollar you spend on every purchase. Fidelity Rewards Visa Signature Card Benefits and FeaturesNearly all of the Fidelity Visa card's benefits come as a function of being a Visa Signature card, which includes travel benefits, extended warranty, and lost luggage reimbursement. Fidelity Rewards Visa Credit Card Annual Fee and Other CostsThe Fidelity® Rewards Visa Signature® Card has a $0 annual fee, so you won't pay anything to keep it long-term. Why You Should Trust Us: How We Reviewed the Fidelity Rewards Visa Signature CardTo review the Fidelity® Rewards Visa Signature® Card, we followed our credit card rating methodology.
Persons: you'll, Roth, , I've, Schwab Organizations: Business Insider, Citi, Fidelity, Roth IRA, Fidelity Visa, Fidelity Cash Management, Elan Bank, Wells, Cash Locations: Sonoma County, New York
With the Fed, Apple earnings and the jobs report passing with flying colors this week, the runway to more gains looks a lot less cluttered. This past week was chock full of Club earnings: 12 portfolio companies, including Apple , delivered results. Analysts expect Wynn's earnings per share of $1.27 versus 29 cents a year ago when China was not fully back from Covid. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jerome Powell, we're, Jim Cramer, Jim, Apple, Eli Lilly, Estee Lauder, Stanley Black, Decker, Bausch, FactSet, It's, Bob Iger, Iger, Nelson Peltz, We're, Krystal, Berkshire Hathaway, Tyson, Jones Lang, Walt, Ferrari N.V, WK Kellogg, Wynn, Vishay, CRON, MARA, RICK, Ginkgo, Jim Cramer's, David Paul Morris Organizations: Federal Reserve, Apple, GE Healthcare, DuPont, Linde, Bausch Health, Coterra Energy, Club, Disney, Wynn Resorts, CNBC, Revenue, Vegas Sands, Cotai, Boston, Airlines, Krystal Biotech, Alpha Metallurgical Resources, Axsome Therapeutics, Tyson Foods, TSN, Bowlero Corp, CNA Financial Corp, CNA, Jones Lang LaSalle Incorporated, Technologies, Realty Income Corp, Lab, Teradata Corp, Technology, FMC Corporation, FMC, Paymentus Holdings, Shockwave, Vertex Pharmaceuticals, Goodyear Tire & Rubber Company, Simon Property Group, Sterling Construction Company, Apple Hospitality, Boise Cascade Corporation, BellRing Brands, Coty, COTY, Fidelity National Information Services Inc, Vornado Realty, Walt Disney Co, Holdings, Madrigal Pharmaceuticals, Nikola Corporation, BP, Rockwell Automation, MarketAxess Holdings, Jumia Technologies, GEO Group, Builders FirstSource Inc, Duke Energy Corp, WYNN, Rivian Automotive, Arista Networks, Occidental Petroleum Corp, Astera Labs, Bros, Flywire Corporation, B2Gold Corp, Kinross Gold Corp, Virgin Galactic Holdings, iRobot Corp, Electronic Arts Inc, McKesson Corp, ACM Research, Avadel Pharmaceuticals, Toyota Motor Corp, Emerson Electric Co, Perion, Editas, Brink's Company, Sinclair Corporation, New Fortress Energy, Starwood Property Trust, Animal Health, ELAN, Farms, IM Cannabis Corp, Fox Corporation, Formula One, Icahn Enterprises, Teva Pharmaceutical Industries, Arm Holdings plc, ARM, AMC Entertainment Holdings, Trade, AppLovin Corporation, Sciences Corp, SolarEdge Technologies, Roblox Corporation, GigaCloud Technology Inc, Warner Bros ., Properties Trust, Growers, Constellation Energy Group, Cronos, Fiverr, Solar Inc, EPAM Systems, Cedar Fair Entertainment, Digital Holdings, RCI Hospitality Holdings, Akamai Technologies, Semiconductor, Insulet Corp, NuScale Power Corporation, Ginkgo Bioworks Holdings, Bloom Energy Corporation, Construction, AMC Networks, CRH Public Ltd . Company, Jim Cramer's Charitable, Allen, Co . Media, Technology Conference, Bloomberg, Getty Locations: China, Eaton, Amazon, Covid, Macao, Vegas, Sun Valley , Idaho
The portfolio manager whisperers
  + stars: | 2024-05-03 | by ( Alex Morrell | ) www.businessinsider.com   time to read: +24 min
AdvertisementHistorically, a hedge fund's chief investment office or senior portfolio manager was responsible for vetting and wooing key investment hires. They can also help hedge funds save on outside recruiting costs, which can add up to tens of millions a year. Hedge funds targeted institutional salespeople at investment banks with exposure to hedge funds, as well as asset allocators with chops in portfolio-manager selection and due diligence. Assets at multimanager hedge funds have boomed since 2018. The principle may work for fictional baseball diamonds, but the reality at hedge funds is more complicated.
Persons: Taylor Swift, Travis Kelce, Goldman Sachs, , That's, headhunter who's, liken, Nick Saban's, Midlevel, headhunter, Ken Griffin, Michael Kovac, execs, Jennifer Blake, BD Thomas DeAngelis, Walleye Capital Paritosh Singh, Americas Michael Grad, BlueCrest Lindsay Previdi, Point72, Freestone Grove Matthew Giannini, Ken Griffin's, ExodusPoint, Brevan Howard, breakneck buildout, Michael Gelband —, Jonathan Hoffman, Alexander Phillips, ExodusPoint's, Millennium's Izzy Englander, noncompetes, Millennium Management Amanda Gordon, multimanagers, who've, Goldman, Schonfeld, Brevan Howard —, Neil Chriss, Harry Schwefel, Jonathan Brenner, Walleye's, Thomas DeAngelis, DeAngelis, Brenner, DeAngelis hasn't, Kansas City Chiefs Travis Kelce, Erick W, Rasco, Donald Trump's, America couldn't, Citadel execs Todd Barker, Daniel Morillo —, Jeff Runnfeldt, Bobby Jain, allocator Organizations: NFL, Business, Citadel, BD, University of Alabama, execs, Balyasny, Walleye Capital, Millennium, Americas, Freestone Grove, — Citadel, Walleye, BI, Costco, Millennium Management, Bloomberg, Getty, Investor, Barclays, Barclays Capital Solutions, Brookfield, Paloma Partners, Kansas City Chiefs, San Francisco 49ers, Allegiant, Getty Images, Black, Investors, ex, Fortress Locations: America, multimanagers, , Hudson Bay, Schonfeld, Israel, multimanager, Europe, Middle East, Africa, Vegas, Balyasny
Wall Street returned to its winning ways this week — and Nvidia 's blowout earnings report Wednesday night was a big reason why. Twenty-six of our 32 portfolio stocks have delivered their results this earnings season (we didn't own Abbott Labs at the time of its report). It was a muted week for macroeconomic data, but we did get a slightly better-than-expected January existing home sales report on Thursday. In the week ahead, two more Club names are set to report earnings before a market-moving economic update arrives Thursday morning. The two other reports of note are the January new home sales report on Monday and ISM Manufacturing report on Friday.
Persons: Dow, we'll, bode, We're, Li Auto, Krystal, Arcutis, MARA, Iovance, Goldman Sachs BDC, CRON, BUD, Papa, LEV, Ginkgo, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nvidia, Nasdaq, Dow Jones, Dow, Palo Alto Networks, Bausch Health, Coterra Energy, Abbott, Companies, TJX, Marshalls, TJX Companies, Berkshire Hathaway, Krystal Biotech, Alpha Metallurgical Resources , Inc, Fidelity National Information Services Inc, Animal Health, ELAN, Public Service Enterprise Group, Surgery Partners, BioCryst Pharmaceuticals Inc, Outdoor Holdings, Enlight Renewable Energy Ltd, Kosmos Energy, Playtika, Video Communications, TiRobot Corp, IRB, SBAC Communications Corporation, HEICO Corporation, FS KKR, Archer Aviation Inc, TransMedics, Sterling Construction Company, AES, Cruise Line Holdings, Lowe's Companies, American Electric Power Company, Bank of Nova, APLS Pharmaceuticals, Bank of Montreal, BMO, Devon Energy, Solar Inc, Technologies, Lab, Virgin Galactic Holdings, Splunk Inc, eBay, EBAY, Luminar Technologies, Agilent Technologies, G Foods, Masimo Corp, Baidu, Parts Inc, Icahn Enterprises, Viatris Inc, ACM Research, Golden Ocean Group, EMCOR, Industries, NRG Energy, Dycom, Editas, UWM Holdings Corporation, Vistra Energy, Marathon Digital Holdings, AMC Entertainment Holdings, Paramount Global, IonQ Inc, International, HP, Monster Beverage Corporation, Cronos, Birkenstock Holding, Anheuser, Busch InBev, Body, Brink's Company, Flags Inc, Papa John's, ACI, Hormel, Lion Electric Company, BlackRock TCP, Dole plc, DOLE, Fisker Inc, Dell Technologies, Ginkgo Bioworks Holdings, Autodesk, Green Brick Partners, Hewlett Packard Enterprise, Veeva Systems, INTTEST Corporation, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: New York City, U.S, Salesforce, Maxx, Bank of Nova Scotia, BlackRock, Cayman
Elanco Animal Health's decision to sell its aqua division will narrow its focus on pet health and livestock sustainability, as management prepares to launch several new products this year. ELAN 1Y mountain Elanco stock over the past year. One area it identified is pet health, a $15 billion market that has benefited from increasing pet ownership, especially among people who see their pets as family and value their animals' health care. 'Flexibility' to invest behind launches The product launches will also give Elanco a chance to prove itself. The pet health business is very competitive and, once approved, Zenrelia will compete directly with rival Zoetis' Apoquel.
Persons: Elanco, Jeff Simmons, Simmons, Credelio, Cornell University's Richard P, FactSet, Chris Schott, ELAN, Schott, Jefferies, Glen Santangelo, Eli Lilly, Jasper Hellweg, Hellweg, Zenrelia, Zoetis, — CNBC's Michael Bloom Organizations: Merck, CNBC, ELAN, Riney Canine Health, JPMorgan, Argus Locations: U.S
IN NEWS sure to leave biker gangs uncharacteristically tearful, leather pants are threatening to go bougie. Long a bad-boy symbol, hide trousers have been transformed by high fashion this fall. They’re being proposed as a suave, sensual and comfortable alternative to chinos, cargo pants and tailored trousers. Some feature high waists to elongate legs or pleats to conjure old-school élan worthy of Cary Grant. Nick Paget, senior menswear strategist at trend forecasting firm WGSN, attributes the leather look to a post-Covid desire for sensual dressing.
Persons: Long, Tod’s, Rocker, They’re, Cary Grant, Nick Paget, lockdowns, , Organizations: Givenchy, Metallica
Shopping in Green Lake. A small-town hotel for saleOne day while on his computer, Rogatz saw that a small hotel — the Green Lake Inn — was for sale. The Green Lake Inn. An ice sailing race on Green Lake. Source: Our Green Lake
Persons: Matt Rogatz, Rogatz, Brio, I've, it's, He's Organizations: CNBC Travel, Chicago Locations: Chicago, Green Lake , Wisconsin, Green Lake, Wisconsin, Green, Geneva
With transportation hurdles, some organizations are using private planes to send supplies to civilians and organizations inside Israel, including blankets, neck warmers and tactical gloves. "Word has spread like wildfire," said Eytan Weisz, who is part of a volunteer group from Toronto organizing a plane of supplies. The UJA Federation of Greater Toronto has raised C$40 million since Saturday from 4,000 families and businesses, UJA Chief Development Officer Sara Lefton told Reuters. "The amount of unconditional help I got from the Jewish community is heart-warming," he said. Reporting by Maiya Keidan and Jenna Zucker Editing by Denny ThomasOur Standards: The Thomson Reuters Trust Principles.
Persons: Shelby Ungerman, Vivian Silver, Alex Katz, Katz, you’re, He's, Eytan Weisz, Weisz, Sara, Elan Mazer, Maiya Keidan, Jenna Zucker, Denny Thomas Organizations: TORONTO, Hamas, Kan, CBC, Israel Defense Forces, UJA Federation of Greater, Montreal Jewish, Hamilton Jewish, Thomson Locations: Israel, Palestinian, Toronto, Canada, United States, Gaza, Israeli, Jerusalem, United, UJA Federation of Greater Toronto, Montreal
Donations purchased by a Brooklyn synagogue community to aid military and humanitarian relief efforts in Israel are seen being loaded into a car in Brooklyn, New York, U.S. October 10, 2023. Some 5.8 million Jews live in the United States, according to the Pew Research Center. While there is no sign that Israel is short on basic supplies like granola bars, the donations underscore the concern and connection Jews in the United States feel toward Israel. Elan Kornblum, the Brooklyn-based head of Great Kosher Restaurants Foodies, has turned his company's Facebook page of 91,000 members - who usually discuss favorite kosher restaurants - into a forum for coordinating Israel aid efforts. Legacy aid organizations have also leapt to raise money for lifesaving support in Israel and the Palestinian territories in the wake of the attack.
Persons: Rabbi Jonathan Leener, Jonathan Leener, Leener, Yuri Milner, Mike Bloomberg, Magen David Adom, Elan Kornblum, Kornblum, Chayal el, Mordy Botnick, Botnick, el Chayal, Gabriella Borter, Paul Thomasch, Lisa Shumaker Organizations: REUTERS Acquire, Israel Defense Forces, Pew Research Center, Billionaire, Jewish Agency for, Facebook, Newark Liberty International, IDF, Palestine Children's Relief, International Committee, Thomson Locations: Brooklyn, Israel, Brooklyn , New York, U.S, Handout, United States, Jewish Agency for Israel, New York City, Palestine, Gaza, Washington
Stephanie Link’s top stock picks: ELAN, CDW
  + stars: | 2023-08-28 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStephanie Link’s top stock picks: ELAN, CDWStephanie Link, Hightower Advisors chief investment strategist and portfolio manager, joins ‘Squawk Box’ to discuss her recent stock picks, including Elanco Animal Health and CDW.
Persons: Stephanie Link’s, CDW Stephanie Link, Hightower Organizations: Hightower Advisors, Health
Economic releases : The Labor Department releases its monthly consumer price index and producer price index on Thursday and Friday, respectively. For that reason, we'd be content if the July figure doesn't indicate a resurgence of rising wholesale costs, which is a concern given a recent uptick in energy prices. On Tuesday before the opening bell, Club holding Eli Lilly (LLY) reports. Finally, Club names Walt Disney (DIS) and Wynn Resorts (WYNN) will report on Wednesday after the closing bell. In preparation for these releases, be sure to check out our first-quarter earnings report card .
Persons: we'll, Knight, Eli Lilly, We'll, donanemab, Walt Disney, We're, Tyson, Henry Schein, Li Auto, Armour, WEN, Ralph Lauren, Price, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nasdaq, Labor Department, Reserve, Manufacturing, ADP, Fitch, AAA, U.S ., PPI, Coterra Energy, Walt, Wynn Resorts, Disney, Tyson Foods, TSN, KKR, Energy, Paramount, UPS, Barrick, Duke Energy, Restaurant Brands, Warner Music, Fox Corp, NRG Energy, AMC, Bros, Endeavor, IAC, Sony, SONY, Brookfield Asset Management, WYNN, Trade, Novo Nordisk, US Foods, News Corp, Air Canada, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Getty Locations: United States, Mounjaro, Hollywood, Las Vegas, Boston, Macao, PENN, Valvoline, VVV, Credicorp, New York City
Jane Birkin: Decades of Effortless Elegance
  + stars: | 2023-07-16 | by ( Guy Trebay | ) www.nytimes.com   time to read: +2 min
There were the babydoll dresses that few besides the actress Mia Farrow ever wore with greater élan. “Her style was very different from American style,” Ms. Sui said, and it introduced “something new to our fashion vocabulary.” What exactly was it about that style, the designer was asked? Perhaps, in the end, the Hermès Birkin bag provides the best example. Before its invention, Ms. Birkin was often photographed toting a straw marketbasket crammed with makeup, keys and assorted paraphernalia. “I would love to have been a sort of neat person and wear a Kelly,” Ms. Birkin once explained, referring to a prim, boxy-style handbag created and named for the film star Grace Kelly.
Persons: Mia Farrow, she’d, Ms, Sui, Birkin, Jean, Louis Dumas, Kelly, ” Ms, prim, Grace Kelly, , Courroies, Sotheby’s, Kim Kardashian, Kylie Jenner, Jennifer Lopez, Cardi Organizations: YouTube Locations: daises, French, Paris, London
Goldman Sachs is bullish about generative artificial intelligence: It expects it will drive upside in the broader S & P 500 — and one specific corner of tech. An AI-fueled rally has already brought the S & P 500 to highs this year, but Goldman predicts there's going to be further upside. Thanks to demand for generative AI, supply of AI server equipment is likely to get a boost in the next couple of years, Goldman Sachs said in a separate report on June 1. Currently, there are around 150,000 units of generative-related AI server shipment this year — around 1% of total server shipment, according to the bank. It named buy-rated Unimicron , giving it a price target of 235 Taiwanese dollars, or upside of around 33%, as well as Kinsus (price target of 180 Taiwanese dollars, or 55% upside), Taiwan Union Technology (price target of 93 Taiwanese dollars, or 22% upside) and Elan Microelectronics (price target of 250 Taiwanese dollars, or 141% upside).
Persons: Goldman Sachs, Goldman, there's, — CNBC's Michael Bloom Organizations: Gold, Electronics, Taiwan Union Technology, Elan Microelectronics Locations: Taiwan
View on Jericho from the Mount of Temptation in Jericho, West Bank on March 31, 2019. Dominika Zarzycka/NurPhoto/Getty ImagesAqabat Jaber refugee camp houses thousands of Palestinians who have lived there since fleeing or being evicted from their homes in 1948 during Israel’s founding. Weeks earlier, the Israel Defense Forces (IDF) said militants tried to open fire at a nearby Israeli restaurant but their gun malfunctioned in the process. The militant group Hamas claimed five of the nine killed in this refugee camp this year as their fighters. Jericho mayor Abdul-Karim Sedir says he fears the city will lose its reputation as a calm oasis in the desert.
With only a small fraction of the S & P 500 left to report quarterly earnings, investors are now turning their focus to another major hurdle for the markets and economy: the debt ceiling crisis. Earlier this week, we looked back to debt limit crisis of 2011 for potential lessons. The protracted fight ultimately ended in an agreement in early August of that year, but it was a choppy summertime ride for investors. Within the portfolio, Wynn Resorts will report Tuesday, after the closing bell, and Disney will report on Wednesday, after the closing bell. Estee Lauder (EL) and Emerson Electric (EMR) reported earnings before the opening bell.
Lancetfish live in the deep sea, have fanged jaws and long scaleless bodies, and eat their own. The cannibalistic fish has been washing up on the West Coast, but scientists can't explain why. Video taken in California in 2021 shows a lancetfish flapping its jaw and writhing on the sand. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. The video shows the lancet flapping its fanged jaw and writhing wildly on the sand.
For hundreds of years, a strange species of fish with long fanglike teeth that eats its own kind and spends most of its time at the bottom of the ocean has somehow found its way to the shores of the West Coast. The latest appearance by a lancetfish, as the species is known, was on a beach in Oregon, state officials said Monday, prompting more speculation about why the deep-sea creature occasionally surfaces on land. Lancetfish are obscure in part because they have no commercial appeal — meaning that they don’t taste good. The silvery and gelatinous fish have a “scientific name translates to something like scaleless lizard or scaleless dragon,” and they look the part, said Elan Portner, a scientist at the Scripps Institution of Oceanography in San Diego, one place where lancetfish have been found washed ashore. Lancetfish also “migrate as far north as subarctic areas like Alaska’s Bering Sea to feed,” according to the National Oceanic and Atmospheric Administration.
[1/5] Israeli troops aim their weapons as they clash with Palestinians during a raid in Jericho in the Israeli-occupied West Bank, March 1, 2023. The head of a pro-settler party in Netanyahu's nationalist-religious coalition, Smotrich made the comments at a conference on Wednesday amid a spate of deadly Palestinian attacks and Israeli settler violence in the occupied West Bank. Asked about a weekend settler rampage through the Palestinian village of Huwara, which an Israeli general on Tuesday described as a "pogrom," Smotrich said: "I think that Huwara needs to be erased". Israeli forces killed one Palestinian and arrested six in the West Bank. One Palestinian was killed and scores were hurt as dozens of houses and cars were torched in what one Israeli commander described as a "pogrom".
Maika Elan | Bloomberg | Getty ImagesVietnam risks missing a self-established 2025 deadline to complete reforms that would enable it to upgrade its stock market to emerging economy status and attract billions of dollars in investments, three officials told Reuters. The government in July committed to aiming for an upgrade to emerging market status in at least one major index by 2025. But infighting is delaying much-needed market reforms, three officials familiar with the discussions said. Additional liquidity is seen as crucial for Vietnamese banks, which account for about a third of the stock market capitalization, to raise their comparatively low capital buffers, thus boosting financial stability. Index provider MSCI published in June a long list of reforms Vietnam needed to apply before an upgrade could be considered.
Paul Johnson’s Historic Times
  + stars: | 2023-01-14 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
There’s an old joke that academics bitterly complain about popular historians for the high sin of publishing books people enjoy reading. Few working journalists have written history with as much elan and narrative force as the British author Paul Johnson , who died this week at age 94. Johnson spent his early career editing the New Statesman, later contributing to the Spectator, Commentary and others, including these pages. His more than 50 books range from “The Birth of the Modern: World Society 1815-1830” to “Art: A New History” to histories of the United States, Christianity and the Jews.
We're kicking off the new week by making some sales in 2 of our highest price-to-earnings (PE) multiple technology stocks. Our concerns around high-multiple tech firms stem from the market's challenge of correctly valuing them. Consistent with our angst over high-multiple tech stocks, we're selling some Microsoft and Nvidia . The former trades at around 23-times the next 12 months of earnings, while the latter trades at around 38-times. With expenses growth at tech firms still not aligned with more muted revenue expectations, our trims today hedge us in the event earnings disappoint this season.
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