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The S & P 500 has dropped nearly 2% for the week, putting the broad-market index on pace for its worst weekly performance since April. This market shift has pushed some S & P 500 stocks into overbought territory despite the index's decline. Against this backdrop, CNBC Pro screened for the most overbought and oversold names in the S & P 500 based on their 14-day relative strength index, or RSI. Take a look at some of the overbought names: Ford Motor made the overbought list, with the stock scoring an RSI of about 83.2. Other overbought stocks include S & P Global and Republic Services.
Persons: Russell, they've, Goldman Sachs, Pizza, Domino's, Charles Schwab, Wall Organizations: Nasdaq, Dow, Federal, CNBC Pro, Ford, Super Duty, Gen, Analysts, P Global, Republic Services, Walgreens Boots Alliance, Nike
Meanwhile, 45% of organizations encountered unintended data exposure when implementing AI solutions, according to AvePoint's 2024 AI and Information Management Report. "It's often what we call dark data," Simberkoff said. So how do leaders improve data permissions and protections in light of or, ideally, before AI implementation? "It's making your end users aware of the information you're responsible for. "When you're using AI, it's really important to make sure that you're checking it and that you're using it for its purpose."
Persons: Dana Simberkoff, Simberkoff, Arvind Jain, Jain, Jason Hardy, Hardy, it's, they're Organizations: Microsoft, CNBC, Hitachi Vantara
In the paid streaming wars, where only a few players will be favored, Disney has established itself as a formidable No. Disney has been pushing a lower-priced ad tier and cracking down on password sharing to drive subscriber growth at Disney+. To see what Disney and Hulu pay for certain jobs, Business Insider analyzed recent work-visa disclosures. Most of the roles were tech jobs, including data scientist and software engineer roles. Disney Streaming — $120,000 to $385,057 a yearDisney streaming roles, not including Hulu, Disney has offered between $120,000 and $385,057 a year to some candidates on US work visas.
Persons: Bob Iger, It's, Hulu, Elaine Low, Colin Salao Organizations: Disney, Netflix, ESPN, Star, Business, Netflix's, Hulu, Disney's, Fox Corp, Warner Bros, US, of Foreign Labor, Labor, Consumer, Software Engineering, Data Engineering, Business Intelligence, Software, Account, Growth, Hulu —, Management, Security, Network, Disney Entertainment, Disney Financial Services, Human Resources Services, Workforce Technology, Engineering, Disney Parks Technology, Technology, Digital, Retail Commerce, Disney Worldwide, Walt Disney Attractions Technology, Walt Disney Parks and Resorts, Walt Disney Pictures, & $ Locations: Hulu, Disney
Tim Berners-Lee is credited with inventing the World Wide Web in 1989. These are just some of the predictions for the future of the web from the inventor of the World Wide Web, Tim Berners-Lee, on the 35th anniversary of its invention. Tim Berners-Lee Inventor, World Wide WebBerners-Lee got to continue working on his idea for this information sharing system, and by 1991, the World Wide Web was up and running. When Tim Berners-Lee started work on the World Wide Web 35 years ago, he had no idea it was about to become the ubiquitous force it is today. Tim Berners-Lee Inventor, World Wide Web
Persons: Tim Berners, Lee, Rita Franca, Berners, Fabrice Coffrini, of Berners, Robert Blumofe, Akamai, Blumofe, we'll, Sebastian Derungs, you'll, Chintan Patel, Patel Organizations: CERN, CNBC, AFP, Getty, Microsoft, Samsung, Galaxy, Massachusetts Institute of Technology, Google, Apple, Afp, Forte Ventures, Akamai, Glasswing Ventures, Cisco, Big Tech, Digital Markets Locations: Swiss, London, Berners, U.S
Nvidia earned $5.16 per share on an adjusted basis and $22.1 billion in revenue, higher than the $4.64 per share and $20.62 billion analysts polled by LSEG had expected. Moderna — Shares popped 12% after the vaccine maker beat fourth-quarter revenue expectations , lifted by deferred revenue and cost cuts. Moderna's top line came out to be $2.81 billion, while analysts polled by LSEG had expected $2.50 billion. Quanta Services — The infrastructure stock popped nearly 10% following a fourth-quarter earnings beat. Keurig Dr Pepper reported $3.87 billion in in fourth quarter revenue, below the $3.92 billion expected by analysts, according to FactSet.
Persons: LSEG, Cantor Fitzgerald, Etsy, Rivian, Synopsys, Morgan Stanley, Coty —, TD Cowen, FactSet, Keurig Dr Pepper, Dr Pepper, — CNBC's Michelle Fox, Alexander Harring, Yun Li, Jesse Pound, Pia Singh, Samantha Subin Organizations: Nvidia, Moderna, LSEG, Coty, Scotiabank, Mosaic
Wall Street wrapped up another positive week, with the S & P 500 closing Friday above 5,000 for the first time ever. It was a pretty light week in terms of economic data releases, though we did get a favorable ISM Services number on Monday. Things will pick up next week with several closely watched macroeconomic updates, including two key government inflation reports. While no Club earnings are scheduled to report earnings in the week ahead, 61 companies in the S & P 500 will deliver their latest quarterly results. Consumer inflation: The main event of the week will come on Tuesday when the January consumer price index (CPI) is released.
Persons: Estee Lauder, Eli Lilly, Price, Bausch, Trimble, Krispy Kreme, Topgolf, Kraft Heinz, Martin Marietta, Owens Corning, WEN, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nasdaq, Club, GE Healthcare, DuPont, Linde, Ford, Disney, Wynn Resorts, CPI, PPI, Palo Alto Networks, Nvidia, Bausch Health, Arista Networks, WM, Cadence Design Systems, ZoomInfo Technologies, Avis Budget, Brighthouse, Goodyear Tire &, Vornado Realty, Marriott International, Hasbro, Restaurant Brands, Molson Coors Beverage, Holdings, MGM Resorts, MGM, Akamai Technologies, American International Group, AIG, Topgolf Callaway Brands, CME Group, Sony, SONY, Blackstone Mortgage Trust, Martin Marietta Materials, Ryder, Occidental Petroleum, Cisco Systems, Deere, Penn Entertainment, Southern Company, Coinbase, Trade, Materials, Rand, Texas, Housing, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Albemarle, ALB, Ingersoll, New York City
Local news footage shows a large crowd of students walking out of the school building and congregating outside on school property. “We will continue to follow state law and will take appropriate action based on the outcome of the investigation,” school district spokesman John Sullivan said in a statement. “We are committed to providing all our students with a safe and inclusive learning environment.”In 2021, Florida Gov. Ron DeSantis, who is running for president as a Republican, signed a state law that bars transgender girls and women from playing on public school teams intended for student athletes identified as girls at birth. When questioned by reporters, Licata denied that the reassignments had anything to do with a lawsuit the student and her parents had previously brought against the school.
Persons: James Cecil, Kenneth May, Dione Hester, Jessica Norton, Alex Burgess, John Sullivan, Ron DeSantis, Peter Licata, Licata Organizations: South, volleyball, Monarch High School, Broward County ., Florida Gov, Republican, Broward Schools Locations: Fla, South Florida, Broward County, Broward County . Local, Florida
Now they say they have nowhere to hide from intense flooding as rainfall exacerbated by the weather phenomenon El Nino pummels large parts of Somalia. Somalia's federal government declared a state of emergency in October after extreme weather exacerbated by El Nino destroyed homes, roads and bridges. Scientists believe climate change is making El Nino stronger. Hakima said her family may be safe from flooding in their camp, but they are hungry and desperate for warm shelter. At least 53 people have been confirmed killed by flooding across Somalia, said Hassan Issee, who manages emergency operations at the Somalia Disaster Management Agency.
Persons: Nino, Hakima Mohamud, , El Nino, El, Beledweyne, Hakima, , Mukhtar Moalim, Hassan Issee, Hamza Abdi Barre Organizations: El Nino, Information Management, Somalia Disaster Management Agency Locations: MOGADISHU, Somalia, Ethiopia, Beledweyne, Shabab, Somali, Kutiimo, Horn of Africa, Kenya, Hiran, Mogadishu, Dollow, Gedo, Africa, africa
Tyler Technologies misses quarterly revenue estimates
  + stars: | 2023-11-01 | by ( ) www.reuters.com   time to read: +1 min
Nov 1 (Reuters) - Tyler Technologies (TYL.N) missed Wall Street estimates for third-quarter revenue on Wednesday, as the IT service provider faces stiff competition from bigger firms in an uncertain economy. Plano, Texas-based Tyler posted revenue of $494.7 million for the quarter ended Sept. 30, slightly below analysts' estimates of $495.9 million, according to LSEG data. Tyler now expects annual revenue in the range of $1.942 billion to $1.962 billion, compared with prior estimates of between $1.940 billion and $1.965 billion. The company raised its annual adjusted profit per share to a range of $7.66 to $7.80, from its prior estimate of between $7.60 and $7.75. Third-quarter profit per share stood at $1.10, compared with $1.26 per share, a year earlier.
Persons: Tyler, Jaspreet Singh, Shailesh Organizations: Tyler Technologies, Thomson Reuters, Oracle, Motorola Solutions, Gartner, Reuters, Thomson Locations: Plano , Texas, Bengaluru
Another chunk of companies are set to report this week, and analysts think earnings are on their side. CNBC Pro screened for the S & P 500 companies reporting this week that analysts are most excited about, leading them to lift their earnings estimates. Earnings per share estimates are also up 18.1% and 29.6% in the past three and six months, respectively. First Solar has the highest changes in analysts' earnings per share estimates, up 90% and 115.1% in the past three and six months, respectively. Shares have slid about 9% this year, with losses accelerating this month after peer solar company SolarEdge cut its third-quarter guidance on slowing demand in Europe.
Persons: Azar —, Tinder, Entergy, Ingersoll Rand, — CNBC's Michael Bloom Organizations: CNBC Pro, Bank of America, JPMorgan, Energy, Marathon Petroleum, Micro Devices Locations: Europe
But in the end, it's fundamentals that drive earnings and earnings that drive stock prices. Looking ahead to next week, we'll get several important macroeconomic updates along with nine Club earnings reports. Economic releases Next week is Jobs Friday when we get the government's monthly nonfarm payrolls report. Club stock earnings Club name Caterpillar (CAT) reports third-quarter results before the opening bell Tuesday. DuPont (DD) is set to report earnings.
Persons: it's, we'll, nonfarm payrolls, We'll, Estee Lauder, Eli Lilly, BUD, Jerome Powell, Kraft Heinz, WEN, Papa John's, Dwight Co, Jim Cramer's, Jim Cramer, Jim, Brendan Mcdermid Organizations: Caterpillar, GE Healthcare, DuPont, Bausch Health, Starbucks, Apple Watch, VF Corp, GE HealthCare, Pfizer, JetBlue, Anheuser, Busch InBev, Devices, Caesars Entertainment, Cruise, CVS Health, Brinker International, Yum Brands, PayPal, Qualcomm, Mondelez, Novo Nordisk, Barrick, Penn Entertainment, Paramount Global, Marriott, Ferrari, Molson Coors, TAP, Coinbase, Natural Resources, Booking Holdings, International, Monster Beverage, Health, Resources, Dwight, Restaurant Brands, Sempra Energy, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange Locations: North America, China, New York City, U.S
LONDON, July 28 (Reuters) - UK authorities said on Friday they were investigating defence ministry emails that were mistakenly sent to the wrong recipient, after reports that messages intended for U.S. military intelligence ended up with Russian ally Mali. Ministry of Defence officials were trying to contact the Pentagon, whose domain name is ".mil", but accidentally sent the mails to Mali, which has the domain name ".ml", the Times newspaper reported. Britain said the information that was mistakenly shared was not highly sensitive. "We have opened an investigation after a small number of emails were mistakenly forwarded to an incorrect email domain," a spokesperson for the Ministry of Defence (MoD) said, without confirming the domain's name. "All sensitive information is shared on systems designed to minimise the risk of misdirection," the spokesperson said.
Persons: Tom Hanks, Meg Ryan romcom, Alistair Smout, John Stonestreet Organizations: Ministry of Defence, Pentagon, Times, MoD, BBC, Britain's MoD, Thomson Locations: Mali, Russia, France, Britain, U.S
On the morning of my first graduation ceremony, I woke up about 6:30 a.m. to get ready and sleepily did my makeup while eating a few spoonfuls of peanut butter. My plan was to meet friends at a designated area and then find seats together in the stadium, but I started to feel anxious. I was graduating from the University of California, Berkeley, with a master's in information management. I graduated from the University of Texas at Austin as an undergrad in 2020, so everything was virtual then. This would be my first in-person graduation, and I was starting to feel the nerves.
May 18 (Reuters) - More than 200 Russian athletes have been sanctioned following the ‘Operation LIMS’ investigation into Moscow's anti-doping laboratory with more bans to come, the World Anti-Doping Agency said on Thursday. The suspensions are the result of data and samples retrieved by WADA's Intelligence and Investigations team into the Moscow Laboratory Information Management System (LIMS). A total of 203 Russian athletes have been sanctioned by 17 anti-doping organisations with an additional 73 charged. "The continued success of WADA’s ‘Operation LIMS’ investigation is a testament to the significant work being conducted by the Agency’s Intelligence and Investigations, and Legal Affairs departments," WADA president Witold Banka said in a statement. WADA’s Executive Committee voted in 2018 to reinstate RUSADA subject to a number of conditions that included access to all data from the LIMS.
May 1 (Reuters) - U.S. law firm Haynes and Boone has hired transactions lawyer Larry Shosid from midsize firm Bell, Nunnally & Martin in its founding city of Dallas, the firm said Monday. Bell Nunnally has around 60 lawyers in Dallas. Taylor Wilson, managing partner of Haynes and Boone, said in a statement that he has worked with Shosid in the past and is excited about his addition to the firm. Dallas-based Bell Nunnally's managing partner, Christopher Trowbridge, said the firm wishes Shosid well. Read More:Law firm tie-ups continue with Haynes and Boone combinationOur Standards: The Thomson Reuters Trust Principles.
In this light, artificial intelligence (AI) and emerging technology have become increasingly prevalent, propelling efforts to improve patient care, solutions, and overall healthcare outcomes. These groups have clinical, operational, and technology experts working together to identify actual healthcare delivery and operational problems that can be addressed using AI, emerging technologies, and digital health tools. The hospital established specialized and certified applied healthcare AI programs tailored to healthcare staff for promoting AI and emerging technology capabilities and their applications in healthcare. As a result, multiple value-driven AI and emerging technology systems built in-house have been deployed in various clinical and operational units. Constant progress: Healthcare providers need to set clear boundaries for adopting AI and emerging technology as tools for supporting evidence-based medicine.
Ari Simpson, 39, bought a T-shirt press on Facebook Marketplace for $45 to start her side hustle. It gave me the confidence to start researching materials or machines I needed to start my own T-shirt business. I started my business with a $45 heat press from Facebook MarketplaceI got on Facebook Marketplace and found someone selling a used T-shirt heat press for $45. Using the heat transfers I'd been given and some old shirts, my husband and I started pressing T-shirts. The business now has three part-time employees who press T-shirts and fulfill orders, and our children still have their roles in the business.
Corporate owners of single-family homes face mounting criticism as their presence grows. Organizers from the Center for Public Democracy stood atop the stage at the Park Hyatt hotel in Washington, DC, where they interrupted a conference for owners of single-family rental homes. Institutional owners of single-family homes have typically preferred to operate quietly. In the decade-plus since the financial crisis, institutional investors have poured billions of dollars into acquiring and developing single-family homes for rent. It's for that reason that Howard is concerned about homeowners associations barring investors from buying homes in certain neighborhoods.
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