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LONDON — Liam Payne’s funeral was taking place Wednesday in south-east England, just over a month after the One Direction star died after falling from a hotel balcony in Argentina’s capital, Buenos Aires. Girls Aloud star Cheryl, the mother of Payne’s seven-year-old son Bear, was also expected to join the funeral proceedings. Liam will forever live in our hearts and we’ll remember him for his kind, funny and brave soul." In a joint statement, his One Direction bandmates said they were "completely devastated." Pallbearers carry the coffin of the singer Liam Payne into the church ahead of his funeral on Wednesday.
Persons: Liam Payne’s, — Louis Tomlinson, Niall Horan, Zayn Malik, Harry Styles —, Payne’s, Kate Cassidy, Cheryl, Bear, Liam’s, Liam, Pallbearers, Liam Payne, Justin Tallis, Payne Organizations: Getty Locations: England, Argentina’s, Buenos Aires, Britain
AdvertisementUkraine has long been restricted from using Western missiles to strike inside Russia. Kyiv has since used both ATACMS and Storm Shadow missiles to hit targets on Russian soil. Ukraine is finally using its powerful, longer-range Western missiles to strike targets inside Russia after waiting over a year for permission. AdvertisementUkraine fired a volley of at least 10 Storm Shadow missiles into Russia, The Wall Street Journal reported, citing Ukrainian and Western officials. Ukraine long pressed its Western partners to allow it to fire Storm Shadow missiles across the border into Russia.
Persons: Joe Biden, Lockheed Martin, Volodymyr Zelenskyy, JUSTIN TALLIS, Donald Trump Organizations: Storm, Street Journal, UK, Storm Shadow, North Korean, Defense Express, Euromaidan Press, NATO, Army Tactical Missile Systems, Ukraine's, Artillery, South Korean Defense Ministry, Getty, MBDA, Ukraine, Shadow, US, White Locations: Ukraine, Russia, Kyiv, Russia's, Bryansk, Russia's Kursk Oblast, Kursk, Britain, France, North Korea, Russia's Kursk, Ukrainian
London CNN —King Charles III has marked his 76th birthday on Thursday by opening two food distribution hubs, as part of his Coronation Food Project that he launched a year ago in the hopes of bridging the gap between food poverty and food waste. Charles visited one of the new hubs in south London, which is hosting a “surplus food festival” where meals will be made using food that might otherwise have gone to waste. Since it was launched, the food project has worked with local charities FareShare and the Felix Project, and saved 940 tons of surplus food - the equivalent of 2.2 million meals. Charles speaks with staff at the new distribution center, designed to save and circulate surplus food and to support communities in need. King Charles treats his actual birthday in November like a normal working day, but the bonus of being the monarch means that he actually gets two.
Persons: London CNN — King Charles III, Charles, King, Sadiq Khan, Felix, Justin Tallis, , Princess, Wales, King Charles, King George II, George III Organizations: London CNN, Food, London, Getty, Royal, Commonwealth, King’s, Royal Horse Artillery, Honourable Artillery Company, CNN’s Royal, Guard’s Locations: London, Merseyside, England, United Kingdom, Samoa, Green Park, Westminster, Buckingham Palace
France is going to send Ukraine Mirage fighter jets, the second Western jet type it will receive. The jets can carry Storm Shadow/SCALP missiles, and Ukraine's jets will reportedly have them. AdvertisementThe new Mirage fighter jets France promised to Ukraine will give it another combat platform able to launch the Western Storm Shadow missiles it has been using to frustrate Russia. AdvertisementIt is unclear how many Storm Shadow/SCALP missiles France may commit as part of the effort. It also not clear how many of the missiles Ukraine currently has.
Persons: , Sébastien Lecornuhas, Storm, Tim Robinson, Gordon, Skip, Davis, Volodymyr Zelenskyy, Vitalii, JUSTIN TALLIS Organizations: Ukraine Mirage, Service, Storm, Shadow, YouTube, Ukrainian Air Force, Dassault Aviation, La Tribune, Russia, UK's Royal Aeronautical Society, US Army, Getty, BBC, Tribune, Politico, Biden Locations: France, Ukraine, Russia, Kyiv
Crowds gathered near the park’s Peter Pan statue, where they placed handwritten letters, teddy bears, balloons, photos and flowers, according to photos shared from the memorial. The scene created what looked like a scrapbook of both the singer’s life and the fans whose lives he touched. The Hyde Park memorial is one of many fan-organized vigils held throughout the weekend, with Payne’s supporters paying tribute to the singer in London, Japan, Australia and US, among others. Tributes placed at a memorial for former One Direction singer Liam Payne at London's Hyde Park on Sunday. Then he remembered thousands of people still followed @1DAlert and “I knew this was the best place for me to be.”Fans comforting each other while paying tribute to Liam Payne at a memorial held on Sunday in London's Hyde Park.
Persons: CNN — London’s, Liam Payne, Peter Pan, Hyde, Hollie Adams, , we’re, Jonathan Brady, Joseph Azar, Azar, , Justin Tallis, , ” Azar Organizations: CNN, Reuters, New York City, WCBS, , Getty Locations: Buenos Aires, London, Japan, Australia, London's, Paris, Milan, New York, London's Hyde
Jessica Gow | Afp | Getty ImagesRussia's ongoing war in Ukraine has resulted in a profound shift in the way defense stocks are viewed by mission-driven fund managers, according to two European defense giants. Defense stocks have typically been excluded from portfolios based on environmental, social and governance (ESG) factors due to ethical concerns over their association with warfare. Nonetheless, the inclusion of defense stocks in sustainably-minded portfolios remains controversial. It's really important that we see the role that defense companies play in protecting a free society. It's really important that we see the role that defense companies play in protecting a free society," he said.
Persons: Micael Johansson, Jessica Gow, Johansson, CNBC's Silvia Amaro, It's, Brad Greve, BAE Systems Johansson, hasn't, Ida Kassa Johannesen, Johannesen, Justin Tallis, Saab's Johansson, ESG, John Keeble, Greve Organizations: Saab, Afp, Getty, BAE Systems, Ukraine —, Saxo Bank, CNBC, Democratic, U.S, Republican, Democrats, Malloy Aeronautics, British Aerospace BAE Systems, Farnborough, Exhibition, Conference Centre Locations: Stockholm, Ukraine, Africa, Democratic Republic, Congo, Palestine, London, Farnborough, England
It was meant to be another night of violence at the hands of the far right. “It shows that when everyone comes out to support, their numbers dwindle.”Large crowds gathered at an anti-racism protest in Walthamstow on Wednesday, where far-right violence had been expected. The fury simmering in a subset of White Britain remains a live danger; these riots were shocking, but not entirely surprising. “I normally walk through this city center all the time,” Nadeem Akhtar, 18, told CNN in the northern English city of Sheffield, where angry riots took place. Tommy Robinson, the figurehead of Britain’s far right, was reinstated to X (then Twitter) days after Elon Musk bought the platform.
Persons: ” Ahmed Hussain, ” Nadeem Akhtar, don’t, , ” Jesse Bernard, , we’ve, Ian Forsyth, disruptors, Tommy Robinson, Elon Musk, Robinson, Justin Tallis, provocateur Laurence Fox, Fox, Starmer, Keir Starmer, Musk, Keir ” –, ” Paul James McDermott, , ” McDermott Organizations: London CNN, Police, CNN, Reuters, Elon, Getty, Britain’s, Downing Locations: Walthamstow, London, Britain, English, Sheffield, Middlesborough, Bristol, British
One police officer in the city was hit on the head with a chair and another kicked and knocked off his motorcycle. The police force responsible for the region has confirmed that two officers were taken to the hospital with injuries. Police officers face off with protesters during a far-right demonstration in Bristol, England. The latest demonstrations puncture any idea that Starmer’s center-left government has evaded an ascendant hard-right movement that continues to rise on the continent. Behind his majority, there remains an angry and active far-right undercurrent that continues to make itself heard.
Persons: Starmer, , Taylor Swift, Justin Tallis, Axel Rudakubana, Tommy Robinson —, , , Andrew Tate Organizations: Police, Getty, Tech Against Terrorism, Guardian, English Defence, BBC Radio, Labour Party Locations: Bristol, Southport, England, Europe, Welsh, Cardiff, Britain, Romania, Rotherham
CNN —Additional flight cancellations are expected through this weekend as airlines gradually recover from a global tech outage that has left thousands of passengers stranded at airports. The outage “has basically turned computers into bricks around the world,” Glenn Gerstell, former general counsel of the US National Security Agency, told CNN Saturday. More than 400 United flights were canceled Saturday, and over 200 flights were canceled Sunday, according to FlightAware.com. “I was supposed to be in California for my mom’s wedding,” Richard Whitfield of Pasco County, Florida, told CNN Saturday. They didn’t tell me – I had no notification, nothing,” Charlotte Yeh told CNN affiliate WFXT on Saturday.
Persons: ” Glenn Gerstell, ” Gerstell, ” CrowdStrike, George Kurtz, ” United, Delta, , Allegiant, it’s, David Kennedy, “ It’s, ” Kennedy, “ There’s, Pete Buttigieg, ” Buttigieg, Justin Tallis, Villareal, ” Villareal, we’ve, ” Richard Whitfield, Whitfield, Jonathan Shade, Richard, ” Shade, Shade, , , ” Charlotte Yeh, “ We’ve, ” Marc Forbes, WFXT, ” Carol Edwards Organizations: CNN, Microsoft, US National Security Agency, United Airlines, Delta Air, American Airlines, Binary Defense, US Department of Transportation, , Gatwick Airport, Getty, Atlanta’s Hartsfield, Jackson International Airport, Delta Air Lines, Boston Logan International, WFXT, Las Locations: Horley, London, California, Pasco County , Florida, Tampa, Atlanta, Tallahassee, Delta, Fort Lauderdale, Ft . Lauderdale, West Palm, Boston, Las Vegas
Read previewKate Middleton put on her "game face" for the crowds and cameras at the 2024 Trooping the Colour parade, according to a behavioral and body-language expert. The mother-of-three joined other senior members of the British royal family for all public-facing parts of the ceremony. She was seen arriving at Buckingham Palace with her husband, Prince William, and their children. "Looking at the first photograph of Kate Middleton and Prince William heading to the ceremony together, Kate is using a masking smile. AdvertisementCatherine, Princess of Wales, arrives to Horse Guards Parade for the King's Birthday Parade "Trooping the Colour" in London on June 15, 2024.
Persons: , Kate Middleton, Wales, Prince William, Darren Stanton, Kate, Stanton, Catherine , Princess of, Benjamin Cremel, Prince George, Princess Charlotte, Prince Louis, William, Catherine, Princess of Wales, Justin Tallis, King Organizations: Service, Business, Glass, Horse Guards Parade, Getty, Horse Guards, Glass State Locations: London, Buckingham, Catherine , Princess of Wales, AFP
Messaging app Telegram to allow Tether stablecoin payments
  + stars: | 2024-04-19 | by ( Ryan Browne | ) www.cnbc.com   time to read: +1 min
Stablecoin Tether and Circle's USDC dominate the market. Justin Tallis | Afp | Getty ImagesTelegram users can now start making stablecoin USDT payments to each other through the encrypted messaging service's linked blockchain. It is integrated with the Telegram app. After this, users will be able to purchase USDT and send money to other users by selecting Tether's token as a payment option. The move could help make Tether's USDT coin more mainstream.
Persons: Justin Tallis, USDT Organizations: Afp, Getty, Open, U.S .
London police said a car crashed into the gates of Buckingham Palace on Saturday morning. AdvertisementAn unnamed man was arrested early Saturday morning after a car crashed into the gates of Buckingham Palace, local police said. He was assessed and sectioned under the UK's Mental Health Act, police added. Photos of Buckingham Palace on Sunday show its gates boarded up with scaffolding and wooden planks, while waist-high metal fencing shielded the entrance. People walk past a set of boarded up gates to Buckingham Palace in London on March 10, 2024.
Persons: , JUSTIN TALLIS, SWNS, Kate Middleton, Middleton Organizations: London, Mental, Service, Metropolitan, Getty Locations: Buckingham, Buckingham Palace, London, Kensington
Justin Tallis | AFP via Getty ImagesAn EU law that seeks to rein in large digital companies has officially kicked in, spelling big changes for primarily U.S. tech giants. CNBC runs through how the law impacts large U.S. tech companies — as well as consumers in the EU. The EU Digital Markets Act primarily impacts U.S. tech giants — the likes of Alphabet , Amazon , Apple , and Meta . The rules have already sparked big changes for tech giants in how they serve customers in the EU. It's likely more adjustments will come, as competitors to Big Tech firms aren't happy with the proposals put in place so far.
Persons: Justin Tallis, Bill Echikson, Echikson, ByteDance, Apple Organizations: Apple, Facebook, Microsoft, Getty, Digital Markets, European Commission, Center for, CNBC, Big Tech, EU Digital Markets, Meta, Google, Companies, EU, Spotify Locations: EU, U.S, iPhones
Read previewI've lived in London for nearly two years and have been visiting the capital city for even longer. The food scene is pretty diverse, and London has a reputation for having chain restaurants and upscale dining experiences, like the Ritz and after-the-theater restaurants around Covent Garden. But recently, I dined at quite the hidden gem: The Clink Restaurant inside Brixton Prison. Entering the prison reminded me of going through airport securityWe had to go through security before entering the restaurant. The restaurant is located in the center of the prison courtyardThe Clink is housed in a converted governor's house that dates back to 1819.
Persons: , Eibhlis Gale, Coleman, I've, JUSTIN TALLIS, Granny Smith, I'd, frazzled Organizations: Service, Ritz, Business, Getty Locations: London, Covent, Brixton, It's, Yorkshire
Justin Tallis | Afp | Getty ImagesThe CEO of Circle, the company behind popular stablecoin USD Coin, sees a strong chance that laws for stablecoin issuers like itself will come through in 2024. The U.S. is yet to pass federal crypto regulation, even as jurisdictions around the world are approving new crypto-focused laws. But Jeremy Allaire, Circle's boss and co-founder, hopes that things will change this year, stating that there is a "very good chance" U.S. lawmakers approve a stablecoin bill. "Stablecoins in particular remain the killer app for blockchain technology," Allaire told CNBC. "It's been a really powerful time for that and we think 2024, with things like the spot ETF and world regulatory clarity, is going to open this up even wider."
Persons: Justin Tallis, Jeremy Allaire, Circle's, Allaire, Crypto, Dante Disparte, Disparte, CNBC's MacKenzie Sigalos Organizations: Afp, Getty, CNBC, Economic, Treasury, Federal, House Financial, U.S . Securities, Exchange Commission, SEC, Allaire Locations: London, U.S, Davos, Switzerland, United States
That's the conclusion of a new Morgan Stanley research report, which makes us feel really good about where we stand on both Club stocks. Each quarter, Morgan Stanley looks at under-owned stocks and over-owned stocks — basically which ones are overlooked and ready for a hot streak and which ones are crowded and ready to cool off. However, Morgan Stanley said Meta kept its most over-owned crown — and coincidently, its shares closed lower. To be sure, Morgan Stanley maintained an overweight rating on Apple shares. META YTD mountain Meta Platforms (META) year-to-date performance Conversely, Morgan Stanley said Meta's average active institutional ownership increased by 18 basis points quarter-over-quarter.
Persons: Morgan Stanley, We're, Meta, Morgan Stanley's, Microsoft's, We're bullish, Mark Zuckerberg's, Jim Cramer's, Jim Cramer, Jim, Justin Tallis Organizations: Microsoft, Meta, Morgan, Apple, DOJ, Nvidia, Oracle, Broadcom, CNBC, Getty Locations: China
"(Rowley) has said that he can ensure that we safeguard remembrance for the country this weekend as well as keep the public safe," Sunak said. The Palestinian Solidarity Campaign, which is organising Saturday's march, has said it would avoid the Cenotaph, London's main war memorial. Since Oct. 7, London police have made 188 arrests for hate crimes, including 98 for suspected antisemitic offences, 21 for Islamophobic offences and 12 for "faith hate crimes". "We continue to see a very concerning rise in both antisemitic and Islamophobic hate crime," Commander Paul Trevers said. Most of the antisemitic offences were reported in London's Hackney area, home to a large Jewish community.
Persons: Rishi Sunak, Mark Rowley, JUSTIN TALLIS, Sunak, Rowley, Paul Trevers, Britain's, Michael Holden, Rod Nickel Organizations: Britain's, Metropolitan Police, British, Palestinian Solidarity Campaign, London, Community Security Trust, Thomson Locations: Kilburn, London, Britain, Israel, England, London's Hackney
That shift in legal doctrine was profound, shaping how courts have applied antitrust law ever since. Khan’s ideas have challenged the closest thing to a sacred cow in antitrust law. The most ambitious of those never became law, but Khan’s role in the probe, which Cicilline described as “critical,” helped further raise her profile. Amazon and Meta have both pushed for Khan to recuse herself from matters involving the companies, questioning her objectivity. The US Federal Trade Commission sued Amazon.com Inc. in a long-anticipated antitrust case, accusing the e-commerce giant of monopolizing online marketplace services by degrading quality for shoppers and overcharging sellers.
Persons: Lina Khan, Khan, Stephanie Keith, ” Khan, , Joe Biden, , William Kovacic, George W, Bush, Barry Lynn, Lynn, New America Foundation —, Obama, , ” Lina Khan, Rong Xu, ” Lynn, it’s, ’ ”, Reagan, Robert Hockett, Khan’s, David Cicilline, Lina, ” Cicilline, Cicilline, Justin Tallis, Biden, Trump, Douglas Farrar, Gary Gensler, Tom Williams, Jonathan Kanter, Roe, Wade, Kevin Kiley, Meta, she’s, “ We’ve, they’re, Federal Trade Commission Lina Khan, Al Drago, Kathleen Bradish, Bradish, Christine Wilson, Wilson, Noah Phillips, Gabby Jones, NetChoice, Carl Szabo, “ It’s, ” Szabo, There’s, ” Kovacic Organizations: CNN, Federal Trade Commission, Amazon, FTC, Big, Microsoft, Meta, Bloomberg, Getty, Republican, White House, Williams College, New America Foundation, Washington Monthly, Yale Law, Washington Post, Cornell Law School, Big Tech, Rhode, Rhode Island Democratic, Apple, Facebook, Cambridge, Activision, SEC, Financial Services, General Government, Securities and Exchange Commission, Capitol, Justice Department, Epic Games, California Republican, Washington , D.C, American Antitrust Institute, GOP, US Federal Trade Commission, Amazon.com Inc Locations: Big Tech, Robbinsville , New Jersey, Washington, Larchmont , New York, Rhode Island, Washington ,, New York
This was a secret school, set up to teach girls despite the bans on female education imposed by the Taliban since they retook control of Afghanistan two years ago. Girls, faces partially covered, attend class at a hidden school in Afghanistan. CNN‘I wanted to scream, but I couldn’t’Inspired, in part, by a 1996 Christiane Amanpour documentary titled “Battle for Afghanistan,” Hakim decided to create secret schools for a new generation of Afghan girls. After the militant group imposed the bans on girls’ education, Maryam says she was trapped at home and felt like a “zombie,” with nothing to do and nowhere to go. Hope stronger than fearBack at the secret school, Maryam learns the Taliban are checking neighborhoods for illegal activities and fears they risk being caught.
Persons: CNN — Parasto Hakim, Hakim, , ” Hakim, , CNN Hakim, , CNN ‘, Christiane Amanpour, Maryam, ” Maryam, Fatima, ” Fatima, Yalda, ” Yalda, Koofi, Hakim –, ” Koofi, ” Fawzia, Justin Tallis Organizations: CNN, Girls, United Nations, UN, ” CNN, , Taliban, Getty Locations: Afghanistan, Kabul, States, United, London
While the party establishment loathes Farage, Conservative members greeted him with open arms and requests for selfies after he arrived on Monday afternoon. The Conservative Party has always been a broad church, with competing factions jostling for supremacy. But Conservative Party members are rather different to the general public. Supporters applaud as Britain's Prime Minister Rishi Sunak speaks during the Conservative Party annual conference on Wednesday. Bookmakers' odds on the next UK general election are displayed outside the Manchester venue for the Conservative Party Conference on October 4, 2023.
Persons: Rishi Sunak, Boris Johnson, Liz Truss, , steadying, ” Sunak, Sunak, Nigel Farage, loathes Farage, Hannah McKay, Kemi Badenoch, don’t “, Justin Tallis, Jeremy Hunt, Jon Super, Brexit, Johnson, didn’t, “ He’s, , Braverman, Grant Shapps, Suella Braverman, James, Stefan Rousseau, Christopher Furlong, Rishi Organizations: England CNN — British, Conservative Party, Conservative, CNN, Conservatives, Euroskeptic, Independence Party, European Union, selfies, Britain's UK Independence Party, PM, Labour Party, European, Human, Labour, British, Getty, Conservative Party Conference Locations: Manchester, England, , North, Midlands, London, Sunak
In our view, the companies in the regulators' sights — Alphabet 's (GOOGL) Google, Amazon (AMZN) and Microsoft (MSFT) — are not engaged in anti-competitive behavior. In January, the DOJ filed a second, separate antitrust lawsuit against Alphabet in the U.S. District Court for the Eastern District of Virginia. MSFT YTD mountain Microsoft YTD U.K. regulators have also hounded the Big Tech name, aiming to block Microsoft's acquisition of Activision over cloud gaming concerns. In a showdown years in the making, the FTC last month filed a highly-anticipated antitrust lawsuit against e-commerce giant Amazon. The logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone and a laptop screen.
Persons: Satya Nadella, , Nadella, Bing, Jim Cramer, Activision Blizzard, ChatGPT, Morgan Stanley, Joe Biden, Lina Khan, Khan, Jim, Jim Cramer's, Justin Tallis Organizations: Big Tech, Google, Microsoft, Washington D.C, Justice, District of Columbia, DOJ, Eastern, of, Activision, Federal Trade Commission, FTC, Ubisoft, U.K, Markets Authority, Yale Law, Amazon, CNBC, Apple, Facebook, Getty Locations: Washington, U.S, of Virginia, Virginia, Amazon
CNN —The Chilean football federation (ANFP) has been criticized for its handling of a star player’s 100th appearance for the women’s national team. On Tuesday, Endler, the team’s captain and goalkeeper, made history by becoming the first player to reach 100 caps for the Chile women’s national team in a 2-1 victory over New Zealand. One more for you guys,” Chile national team player Daniela Pardo replied to the graphic on Instagram. Endler captained Chile at its first ever Women's World Cup in 2019. That she has been able to achieve so much is remarkable, coming from a country whose federation has sometimes overlooked its women’s national team.
Persons: Christiane Endler, Endler, , Edgar Merino, Pablo Milad, ” Milad, Justin Tallis, Tiane, Daniela Pardo, Claudio Bravo, Endler hasn’t, Michael Chow, ” Endler, Germain, Harold Cunningham, FIFPro, Gabriel Boric, ” Camila Garcia, Organizations: CNN, Chilean, women’s, Chile women’s, New, New Zealand, Lyon, Women's Champions League, Getty, Chile’s Sports Commission, La Tercera, Chile national, Chile men’s, South, Estadio Nacional, Argentina, Santiago’s, USA, Network, Reuters, ADN, FIFA, Paris Saint, Champions League, America Femenina, Ministry, Labour Locations: Chile, New Zealand, France, La, South American, Santiago’s La Florida, La Florida, Paris, Lyon, Chilean, Haiti
Apple (AAPL) became the most under-owned mega cap technology stock at the end of the second quarter, according to a Morgan Stanley research note published Wednesday. That positions the stock for further upside, making us even more optimistic on this essential "own it, don't trade it" Club stock. Behind Apple, the Morgan Stanley report showed, the other most under-owned stocks were Microsoft (MSFT), Nvidia (NVDA), Amazon (AMZN) and Google (GOOGL). Ultimately, analysts at Morgan Stanley argued, "on average, stocks appear to experience a technical pull higher when active ownership is much lower than the market, and vice versa." That, Morgan Stanley analysts said, resulted in the spread between Apple's S & P 500 weighting and active ownership widening by 91 basis points sequentially, to 2.21%.
Persons: Morgan Stanley, Apple, Apple's, Morgan Stanley's, Jim Cramer, Jim, Jim Cramer's, Justin Tallis Organizations: Apple, Microsoft, Nvidia, Google, Oracle, Meta, CNBC, Facebook, Getty Locations: Apple's, India, EU
Examining overbought or oversold stock levels could be helpful signals for investors looking to add or reduce exposure in a position. When evaluating these names, Bespoke reviewed the standard deviations above or below each stock's 50-day moving average. If a stock is one or more standard deviation above its 50-day moving average, it's classified as overbought. If it's more than one standard deviation below its 50-day moving average, it's oversold. Two or more standard deviations away from the 50-day moving average is classified as an "extreme" overbought or oversold reading.
Persons: , it's oversold, Paul Hickey, We're, Jim Cramer, Jim, Larry Williams, we'll, Jim Cramer's, Justin Tallis Organizations: Charitable, Investment, Apple, Microsoft, Nvidia, Big Tech, Data Center, Facebook, Meta, Amazon, Amazon Web Services, CNBC, Getty Locations: MSFT, EU
A Boeing 737 Max is displayed during the Farnborough Airshow, in Farnborough, on July 18, 2022. So far this year, Boeing delivered 266 aircraft to customers, shy of the 316 rival Airbus has handed over. Boeing said Tuesday it logged orders for 288 aircraft, net of cancellations and conversions, in June, most of them from the massive order Air India announced earlier this year and firmed up at the Paris Air Show last month. Boeing's June tally included nearly 40 787 Dreamliners for new Saudi carrier Riyadh Air, part of a deal announced in March. Boeing's total net orders for the month came in at 305 aircraft after it added some planes to its backlog.
Persons: Max, JUSTIN TALLIS Organizations: Boeing, Farnborough, AFP, Getty Images, Airbus, India, Paris Air, Saudi, Riyadh Air Locations: Farnborough, Riyadh
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