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Beyoncé is expected to perform at the halftime show for the Christmas Day matchup between the Houston Texans and Baltimore Ravens, which will be streaming live on Netflix. The streaming service announced the game's halftime performance in a statement Sunday. The album included contributions from artists including Dolly Parton, Willie Nelson, Miley Cyrus, Post Malone and Shaboozey, among others. The streaming service said it hopes the holiday matchups become a tradition. Netflix said it will livestream the Kansas City Chiefs' game against Pittsburgh Steelers starting at 1 p.m.
Persons: Beyoncé, Netflix livestreams, Cowboy Carter, Dolly Parton, Willie Nelson, Miley Cyrus, Post Malone, Shaboozey, DeVille, Mike Tyson, Jake Paul, , ” Beyoncé, Bruno Mars Organizations: Houston Texans, Baltimore Ravens, Netflix, Texans, Ravens, NRG, Coldplay, Super, NFL, Kansas City Chiefs, Pittsburgh Steelers Locations: Beyoncé's, Houston, New Orleans, Santa Clara , California
The NFL and Netflix delivered a gift to fans by tabbing Beyoncé to perform the halftime show for the Christmas Day game between the Baltimore Ravens and the Houston Texans. Netflix will stream Ravens-Texans and a game between the Kansas City Chiefs and the Pittsburgh Steelers on Christmas. Beyoncé will sing songs from her “Cowboy Carter” album during the halftime show, according to a Texans release, marking the first time she’ll perform any songs from the album for a live audience. Netflix’s Christmas doubleheader will kick off with Chiefs-Steelers at 1 p.m. Both Christmas games and Beyoncé’s halftime show will be available to Netflix’s subscribers at no additional cost.
Persons: tabbing Beyoncé, Beyoncé’s, Beyoncé, Cowboy Carter, , Netflix’s, Jake Paul, Mike Tyson, Paul, Tyson, Evander Holyfield’s earpiece, Jerry Jones, ” —, Kevin Winter Organizations: NFL, Netflix, Baltimore Ravens, Houston Texans, Ravens, Texans, Kansas City Chiefs, Pittsburgh Steelers, NRG, Chiefs, Steelers, AFC Divisional, T, Dallas Cowboys Locations: Houston, Arlington , Texas
Hedge fund billionaire David Tepper's bet on China involved increasing his exposure to the leading e-commerce companies in the world's second-largest economy, according to the latest securities filing. Tepper's Appaloosa Management more than doubled its position in Temu parent PDD Holdings in the third quarter, according to the hedge fund's quarterly filing. Between Alibaba , PDD and JD.com , Appaloosa held roughly $2 billion of Chinese e-commerce stocks at the end of September. The quarterly hedge fund filing released Thursday showed only positions in U.S.-traded equities, including American depositary receipts, and some derivatives. PDD 6M mountain Chinese stocks like PDD Holdings have been volatile in recent months.
Persons: David Tepper's, Tepper, Stocks, Donald Trump's Organizations: Management, PDD Holdings, CNBC, U.S . Securities, Exchange Commission, Wynn Resorts, iShares FTSE, iShares FTSE China ETF, Vistra Corp, NRG Energy, Amazon, Microsoft, UPS, Boeing, U.S . PDD Holdings, National Football League's Carolina Panthers Locations: China, PDD, Alibaba, iShares FTSE China, Lyft, U.S
In a turnover-heavy game riddled with interceptions, the Detroit Lions overcame a slow start to win a wild “Sunday Night Football” contest. With four seconds remaining in regulation, Jake Bates kicked a 52-yard field goal to lift the Lions past the Houston Texans 26-23 at NRG Stadium. That followed a 58-yard field goal Bates made with 5:06 remaining to tie the game at 23. THE @LIONS SCORE 19 UNANSWERED POINTS TO WIN! Trailing 23-7 at halftime, the Lions scored 19 unanswered to win by three, on the road, against a quality Texans team.
Persons: Jake Bates, Bates, Jared Goff’s, Jameis Winston, JAKE BATES, Txe30d9tVp, Ka’imi Fairbairn, Houston, Joe Mixon’s, Fairbairn, Carlton Davis III, — Colton Pouncy, Goff, Dell, Dak, Alex Slitz Organizations: Detroit Lions, Lions, Houston Texans, NRG, LIONS SCORE, WIN, NFL, Texans, Stroud, Sunday’s, Detroit, Dallas Cowboys Locations: Houston, C.J, Detroit, Dak Prescott
CNN —Despite throwing a career-high five interceptions, Jared Goff led the Detroit Lions to a come-from-behind 26-23 victory over the Houston Texans on Sunday Night Football at NRG Stadium. The Lions trailed 23-7 heading into halftime after Goff threw three interceptions in the first half. Goff threw a career-high five interceptions in the Lions' win. Goff threw for 240 yards and two touchdowns while running back Jahmyr Gibbs added 71 yards on the ground. The Lions host the Jacksonville Jaguars next week while the Texans head to Dallas to take on the Cowboys on Monday Night Football.
Persons: Jared Goff, Jake Bates, Goff, Bates ’, Ka’imi Fairbairn, Bates, Tim Warner, Matt Ryan, Jahmyr Gibbs, “ I’ve, ” Goff, I’ve, , C.J, Stroud Organizations: CNN, Detroit Lions, Houston Texans, Sunday, NRG, Lions, Detroit, The Lions, Texans, Minnesota Vikings, NFC, Associated Press, Atlanta Falcons, Arizona Cardinals, Jacksonville Jaguars, Cowboys, Monday, Football Locations: Dallas
These "Wicked" collaborations cross the spectrum from apparel, accessories, footwear, beauty and costumes all the way to home decor, toys and even one-of-a-kind cars. Universal 's theatrical retelling of the famed Broadway musical is creating buzz ahead of its Nov. 22 release with hundreds of merchandise offerings from dozens of retail partners. "Barbie" painted the town pink in 2023, and now "Wicked" is upping the ante by adding a splash of green. The report, which surveyed 2,000 adults in the U.S., also determined that fandom collaborations and partnered releases are most successful among niche super-fandoms. What could also drive demand is the fact that these merchandise collaborations are limited-time only.
Persons: Barbies, Betty Crocker, it's, Evan Hanson Organizations: Walmart, Mattel, Lexus, Gershwin, Broadway, Retailers, Universal, Hollywood Locations: New York City, U.S
Market moves: The stock market tacked on some additional gains after the Federal Reserve on Thursday afternoon cut interest rates by 25 basis points. Bond yields, which move inversely to bond prices, have been on the rise since the Fed cut rates in September. Stick to discipline: The stock market especially liked the idea of a pro-business environment and de-regulation expected in the future Trump administration. It's not surprising to see Wells Fargo down 3% after the Club stock surged more than 13% on Wednesday. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
Persons: Jim Cramer, Thursday's, Jerome Powell, hasn't, Bond, Donald Trump, Trump, industrials, It's, Wells, Mogan Stanley, Morgan Stanley, Bloomin, Jim Cramer's, Jim Organizations: CNBC, Federal Reserve, Fed, Treasury, Bond, NBC News, Club, DraftKings, Arista Networks, Azon Enterprise, Trade, Baxter International, NRG Energy, Jim Cramer's Charitable Locations: Wells Fargo, Wells
Southwest Airlines — The airline jumped 11% after it raised its third-quarter revenue forecast and authorized $2.5 billion in share buybacks. Starbucks — The coffee chain rose nearly 2% after Bernstein upgraded shares to outperform , citing confidence in the company's new CEO . CarMax — The used car retailer jumped nearly 6% after topping sales estimates for the fiscal second quarter. New York Community Bank — Shares of the regional lender jumped nearly 8% after Barclays upgraded the stock to overweight from equal weight. Accenture — The professional services stock rose nearly 5% on better-than-expected fiscal fourth quarter results.
Persons: Bernstein, Jabil, Goldman Sachs, Goldman, Morgan Stanley, Erik Woodring, , Jesse Pound, Yun Li, Alex Harring, Pia Singh, Hakyung Kim Organizations: Micron Technology, Applied Materials, ASML, Lam Research, Wall Street Journal, Justice Department, Southwest Airlines —, Elliott Investment Management, Starbucks, NRG Energy, GE Healthcare —, UBS, Jefferies, New York Community Bank, Barclays, Bilibili, Accenture Locations: China, Bilibili —
Starbucks — The coffee chain rose more than 2% after Bernstein upgraded the stock to outperform from market perform. New York Community Bancorp — Shares of the regional lender gained more than 4% after Barclays upgraded shares to overweight as it repositions itself following a rocky patch. Micron Technology , chip stocks — Micron shares surged nearly 17% after offering a stronger-than-expected revenue forecast for the fiscal first quarter. Nvidia rose 2%, while U.S.-traded shares of ASML Holding added nearly 5%. Southwest Airlines — The travel stock rose about 5% after Southwest hiked its third-quarter revenue forecast.
Persons: Bernstein, Brian Niccol, Graham Doyle, Bilibili, Goldman Sachs, Jefferies, Elliott, Sonos, Morgan Stanley, Erik Woodring, , Alex Harring, Samantha Subin, Jesse Pound, Sarah Min Organizations: New York Community Bancorp, Barclays, Micron Technology, Micron, Nvidia, ASML, Bank of America, NRG Energy, GE Healthcare Technologies, UBS, Jefferies, Southwest Airlines, Southwest, Elliott Management Locations: U.S, China, Bilibili —, dealmaking
Constellation Energy stock is still rising after the power company's landmark announcement last week that it plans to restart the Three Mile Island nuclear plant in Pennsylvania. The operational risk to bring the plant back online in 2028 appears manageable, Morgan Stanley told clients in a note on Monday. Renewable energy and natural gas stocks could also indirectly benefit from nuclear deals, according to Morgan Stanley analyst Stephen Byrd. Renewable stocks such as AES Corp. , NextEra Energy and First Solar could get a tailwind for the same reason, according to Morgan Stanley. CEO John Ketchum said the company is looking at restarting the Duane Arnold nuclear plant in Iowa.
Persons: Morgan Stanley, David Arcaro, Arcaro, Stephen Byrd, Byrd, NextEra, John Ketchum, Duane Arnold, Wells, Neil Kalton, — CNBC's Michael Bloom Organizations: Constellation Energy, Constellation, Microsoft, Vistra Corp, Vistra, Public Service Enterprise Group, Tech, . Companies, GE Vernova, Siemens Energy, Mitsubishi Power, NRG Energy, AES Corp, NextEra Energy Locations: Pennsylvania, Iowa, Wells Fargo
Bank of America sees yet another tailwind for utilities: The sector is a way to play falling interest rates. To that end, CNBC Pro used FactSet data to screen the S & P 1500 utilities sector, looking for companies that meet the following criteria. A total return – the stock price plus the value of reinvested dividends – of at least 10% in 2024. The stock offers a dividend yield of 3.0% and has a 2024 total return of nearly 23%. Year to date, the stock has a total return of nearly 38%, and it offers a dividend yield of 2.5%.
Persons: Savita Subramanian, Garrick Rochow, Morgan Stanley, David Arcaro, Diego's, , Fred Imbert Organizations: Constellation Energy, NRG Energy, Mizuho Securities, Bank of America, Utilities, Real, CNBC Pro, Street, CMS Energy, Consumers Energy, CMS, NextEra, Management, Google, CNBC, PPL Locations: Jackson, Michigan, , Florida, 1Q24, Allentown, Penn
Last week, NFL team owners voted to allow an initial group of private equity firms to acquire up to a 10% stake of a franchise. "This isn't a case where private equity is going to come in and have influence on the franchise." Private equity has been eager to take stakes in sports as team valuations rise, mainly due to ballooning media rights deals. As investors, private equity firms often take management and board roles. Private equity investments typically have a set duration — it can range from three to seven years in many cases — and an expected return.
Persons: Ric Tapia, Steve Pagliuca, Shirin Malkani, Perkins, Anthony Mulrain, Toney, Angela Weiss, Michael Considine, Ellis, Jimmy Haslam, Mulrain, Eric Washington, Robin Alam Organizations: NFL, Los Angeles Rams, Houston Texans, NRG, Getty, National Football League, Bain Capital, CNBC, Washington, Denver Broncos, Carolina Panthers, Holland, Kansas City Chiefs, Philadelphia Eagles, Farm, Afp, National Basketball Association, Major League Baseball, National Hockey League, Major League Soccer, Kirkland, Cleveland Browns, Knight's, Buffalo Bills, Microsoft Locations: Houston, U.S, Glendale , Arizona, Holland
Ric Tapia | Getty Images Sport | Getty ImagesSports team owners benefiting from soaring team values are also facing new pressure from two of the oldest certainties in American wealth: death and taxes. With the average age of team owners rising, and team values skyrocketing into the billions, owners and leagues are increasingly focused on how to ensure smooth ownership transitions to the next generation of buyers. Succession and taxes have become especially important in the National Football League, where the average age of team owners is now over 72 and team values are all surging. The average NFL team is now worth $6.49 billion, and no team is valued at less than $5.25 billion, according to CNBC's Official 2024 NFL Team Valuations. So owners have to be planning for the potential for more punitive estate taxes in the coming years.
Persons: Ric Tapia, Stephen Amdur, Pillsbury Winthrop Shaw Pittman, Robert Frank, Pat Bowlen, Rob Walton, Bud Adams, Grant Halverson, Amy Adams Strunk, Tom Benson, Gayle, Jonathan Bachman, Joe Robbie, George " Papa Bear, Halas, George Halas, Amdur, That's, Roger Goodell Organizations: NFL, Los Angeles Rams, Houston Texans, NRG, Getty, Sports, Pillsbury, National Football League, Former Denver Broncos, Tennessee Titans, Minnesota Vikings, Getty Images Tennessee Titans, Longtime New Orleans Saints, National Basketball, New Orleans Pelicans, New, New Orleans Saints, Mercedes, Benz, Miami Dolphins, NBA, Chicago Bears, Bettmann Locations: Houston, Nashville , Tennessee, New Orleans, New Orleans , Louisiana
Southwest Rapid Rewards® Plus Credit CardThe Southwest Rapid Rewards® Plus Credit Card is a great choice if you're just starting out. Transfer points from Diners Club or hotel loyalty programsDiners Club members can also transfer Club Rewards points to Southwest — 1,500 Club Rewards points, for instance, would convert to 1,200 Southwest points. It's also possible to redeem points earned through participating hotel loyalty programs if you'd rather put them toward flights than hotel stays, though redemption rates are pretty low:5,000 Best Western Rewards points = 1,200 Southwest points6,000 Choice Privileges points = 1,800 Southwest points2,000 Radisson Rewards America points = 200 Southwest points50,000 Radisson Rewards America points = 5,000 Southwest points100,000 Radisson Rewards America points = 10,000 Southwest points9,000 Marriott Bonvoy points = 3,000 Southwest points30,000 Marriott Bonvoy points = 10,000 Southwest points60,000 Marriott Bonvoy points = 20,000 Southwest points90,000 Marriott Bonvoy points = 30,000 Southwest points120,000 Marriott Bonvoy points = 40,000 Southwest points5,000 World of Hyatt points = 2,400 Southwest points50,000 World of Hyatt points = 24,000 Southwest pointsNote that World of Hyatt throws in an additional 6,000 Southwest points as long as you're a member, while Marriott Bonvoy adds 5,000 Southwest points for every 60,000 Marriott points transferred. Earn Southwest points by taking online surveysYou can earn points by taking online surveys through E-Rewards — $15 worth of E-Rewards yields 300 Southwest points, $25 worth of E-Rewards yields 600 Southwest points, $50 worth of E-Rewards yields 1,200 Southwest points, and $100 worth of E-Rewards yields 2,400 Southwest points. Southwest Rapid Rewards Points Frequently Asked QuestionsHow much is 50,000 Southwest points worth?
Persons: It's, you'll, You'll, Cardholders, Chase, Marriott, There's, you've, Hertz, , Ronald McDonald Organizations: Business, Rewards, Southwest Airlines, Southwest Rapid, Rapid, Southwest, Business Credit, eBay, Rapid Rewards, Southwest ®, FDIC, Southwest Airlines ®, Card, Business Credit Card, Southwest Premier, Performance, Chase Sapphire Reserve, Club, Southwest —, Radisson, Marriott, Hyatt, Southwest Hotels, Best, Hotels & Resorts, Choice, Marriott Bonvoy, MGM Resorts International, MGM Resorts, Hertz, Apple, Old Navy, Dartington Crystal, Emergency, Reliant, Central America, Francisco, Chicago, Fort Lauderdale, Student Conservation Association, Ronald McDonald House Charities, Polaris, United Negro College Fund, Hispanic Heritage Foundation Locations: United States, U.S, Mexico, Belize, Costa Rica, Aruba, Cuba, Puerto Rico, Jamaica, Cayman Islands, Turks, Caicos, Dominican Republic, Southwest, rideshare, Southwest airfare, Rocketmiles, Alamo, Avis, Pennsylvania , New Jersey , Maryland , Massachusetts, Illinois, Texas, Caribbean, Central, New York, Los Angeles, Honolulu , Hawaii, Baltimore, Cabos, Denver, Liberia, Nassau, Bahamas
CNN —The body found on the Spanish island of Tenerife on Monday has officially been identified as that of missing British teenager Jay Slater, a Spanish court said Tuesday. The court confirmed “by fingerprints that the body found yesterday in the mountains of Masca is that of Jay Slater.”The autopsy confirmed that the death was due to trauma “compatible with a fall in a rocky area.”Slater, who was 19 and from Lancashire, northern England, went missing almost a month ago after attending the NRG festival on the south of the island. He was last heard from around 8:30 a.m. local time (3:30 a.m, ET) on June 17, according to one of his friends, Lucy Mae, who set up a GoFundMe. She wrote on the GoFundMe page that Slater “had met two people on Sunday night” and left to go to their apartment, which was “in a very secluded location.”She said Slater left the apartment at 8 a.m. local (3 a.m. ET) and walked for half an hour, before “frantically ringing me when his phone reached 1%.”“His last location was on an off road track, which was a 10 hour walk from his hotel,” Slater’s friend said.
Persons: Jay Slater, , ” Slater, Lucy Mae, Slater “, Slater, , ” “ Organizations: CNN Locations: Tenerife, Masca, Lancashire, England
CNN —Search teams looking for missing British teenager Jay Slater on the Spanish island of Tenerife have found the body of a young man. “After 29 days of constant search the lifeless body of a young man has been found in the Masca area” in the Tenerife mountains, the Guardia Civil, Spain’s law enforcement agency, said in a statement Monday. “All indications are that it could be the young British man missing since June 17, pending full identification,” the Guardia Civil said. Preliminary investigations suggest the young man “could have suffered an accident/fall in the inaccessible area,” it added. Slater, who was 19 and from Lancashire, northern England, went missing almost a month ago after attending the NRG festival on the south of the island.
Persons: Jay Slater, Slater, Lucy Mae, Slater “, , ” “, , Mr Slater’s Organizations: CNN —, Guardia Civil, Guardia, LBT, Facebook, Lancashire Police Locations: Tenerife, Guardia Civil, Lancashire, England
Messi missed Argentina’s opener but penalty king Emiliano Martinez saved Argentina’s blushes, stopping Ecuador twice to see his side progress to the last four. Every time Messi floated wide to try to get on the ball in space, Ecuador closed down with multiple defenders. Lisando Martinez, unmarked at the far post, calmly headed the ball into the net to score his first goal for Argentina. Through the first 30 minutes, Ecuador had fairly good control of the game. On the ball, Ecuador was pushing quickly up the field, especially through the left side and Jeremy Sarmiento.
Persons: Lionel Messi, Lisandro Martinez, Enner Valencia, Kevin Rodriguez, Messi, Emiliano Martinez, Argentina’s, , ” Martinez, Logan Riely, Felipe Cardenas, Paul Tenorio, Emi Martinez, Angel Mena, Julian Alvarez, Alan Minda, Martinez, Alexis Mac Allister, John Yeboah, Gonzalo Montiel, Nicolas Otamendi, Enzo Fernandez, Paul Tenorio Valencia, Valencia, Mac, Juan Mabromata, Argentina …, He’s, hasn’t, Ecuador’s, Lisando Martinez, Charly Triballeau, Felipe Cardenas Emi Martinez, Aston, Lionel Scaloni, Jeremy Sarmiento, Moisés, Sarmiento, Nahuel Molina, Rodrigo De Paul, , ” Emiliano Martinez, ” De Paul, ” What’s Organizations: Copa America, Peru, Ecuador, NRG, Houston, Messi, Copa América, Chelsea, Qatar, Venezuela, Valencia, Valencia didn’t, Getty, Argentina, Olimpico, Mercedes, Benz, Aston Villa, Canada, MetLife Locations: Argentina, Ecuador, AFP, Valencia, Atlanta, Venezuela, Canada, New Jersey
Mexico needed to beat Ecuador in their final Group B match to advance to the Copa America knockout stage, but all they could manage was a 0-0 draw. AdvertisementMexico managed to score just one goal in 270 minutes across group play in a dismal tournament for the 2026 World Cup co-hosts. GO DEEPER Mexico vs Ecuador threatened with stoppage over homophobic chantingAnd Ecuador’s prize for holding off Mexico? Stuart James and Thom Harris assess the key talking points…Will Argentina be worried by what they saw in this match? In between times, Gimenez never stopped running the channels, seeking out the long balls that Mexico hoped would bring some joy.
Persons: Stuart James, Thom Harris, Argentina, Alan Franco, Piero Hincapie’s, Enner Valencia, Alexander Dominguez, Steph Chambers, Santi Gimenez’s, Santiago Gimenez, Gimenez, Henry Martin, Raul Jimenez, Gerardo Arteaga, Orbelin Pineda, Jaime Lozano, Johan Vasquez, Chris Coduto, What’s, Felix Sanchez, Lionel Scaloni, , We’ve, Chris Cuduto Organizations: Copa, Argentina, Bayer Leverkusen, Copa America, Feyenoord, Jamaica, CONMEBOL, Getty Locations: Mexico, Ecuador, Copa America, Spanish, Houston, Argentina, Venezuela, Los Angeles, Europe, AFP, Houston , TX, ” Mexico
CNN —Authorities on the Spanish island of Tenerife continue to search for British teenager Jay Slater, who has been missing for a week after attending a music festival. Slater, 19, went missing after attending the NRG festival in the south of the island, and was last heard from between 8 and 9 a.m. local time (3-4 a.m. The campaign was organized by a friend of Slater’s named Lucy Mae, who said she had left the festival before Slater on Sunday. A search-and-rescue team looks for Slater near where he was last seen in Tenerife. Slater’s disappearance comes after a spate of tourists going missing in sweltering temperatures in Greece.
Persons: Jay Slater, Slater, Slater’s, Lucy Mae, James Manning, , , Jay’s, Monica Garrett, Garrett Organizations: CNN, Authorities, NRG, Guardia, Guardia Civil, Lancashire Police Force, United, Foreign Locations: Tenerife, Guardia, Slater’s, Lancashire, England, British, Spain, Spanish, Africa, Greece
AI and data centers are driving up electricity usage in the US after a decade of flat demand. As a result, the utilities sector is performing strongly, especially independent power producers. IPP stocks like NRG, CEG, and VST will benefit the most from AI, says one portfolio manager. Investors are pouring into utilities stocks as data centers drive outsized demand for electricity. This is big news for the US utilities sector, which has experienced essentially flat demand growth over the last decade.
Persons: Organizations: Service, Nvidia, Goldman Sachs Research, Business
How to get there using public transportation: CapMetro, the public transportation provider in Austin, increases service on matchdays and the stadium is generally accessible from most parts of the city. How to get there using public transportation: MARTA, a city-wide rail and bus system, provides two stops on the stadium’s doorstep. @ArrowheadEats is a useful resource on X that tracks all the newest and tastiest options at the Kansas City stadium. How to get there using public transportation: There is no public transportation system to the stadium, so you will need to drive or take a taxi. How to get there using public transportation: Unfortunately, there is little infrastructure to service fans planning to visit the stadium on public transportation.
Persons: Christen Press, Franklin, Matt’s El, won’t, Tom Brady, Gamechanger, Kevin Gillespie, Kanye, West, Lars Magnus Ericsson, Aaron Rodgers, Jerry World, Jerry Jones, Ezequiel Lavezzi, Gonzalo Higuain, Lionel Messi, Ronnie Killen, Hugo’s, Michael Jackson, Jackson, Kauffman, Alex Abnos, you’ve, Guy Fieri, Motley, mixologist Tony Abou, Ganim, Mary, Silver, margarita, Casamigos, Jack, Darren Aronofsky, Wilkinson Sejour, you’re, Pope John Paul II, Borussia, Taylor, John Bradford Organizations: Copa America, Argentina, Mercedes, Benz, Atlanta Falcons, Copa, The Athletic, Austin FC, Angel, Christen, Crown Royal, Amazon, Hopsquad, Metro Red, Atlanta, New England Patriots, LA Rams, Falcons, Kanye West, Georgia Aquarium, Breeze, Philips Arena, CNN Center Station, Canada, United States, Bank of America, Carolina Panthers, Charlotte FC, Ericsson, Bluetooth, Good Samaritan, NASCAR, of Fame, Tours, Stonewall, T, Dallas Cowboys, Packers, Pittsburgh Steelers, Victory Station, Centrepoint, Bolivia, Houston Texans, NFL, Copa America Centenario, Houston Livestock, Astros, Houston’s MLB, Baltimore Orioles, METRORail, NRG, Kansas City Chiefs, Super Bowl, Arrowhead, Kansas City, Chiefs, Oakland Raiders, Seattle Seahawks, MLB, Kauffman, KC Royals, Tampa Bay Rays, Royals, Sporting Kansas City, U.S, MLS, El Capitan, LA Chargers, SoFi, LAX, Getty Center, Universal Studios, Line, Lennox Station, Metro, Express, Las Vegas Raiders, UNLV Rebels, Food Network, Miami Dolphins, Miami Hurricanes, America, Miami Gardens ., South, South Florida Tequesta, Orange Bowl, Miami Carol City, Panama, MetLife, NY Giants, NY Jets, Chelsea, New, NJ, Penn, SEC ”, Inter, Co, Orlando City, Orlando, La Liga club Atletico Madrid ., Stoke, Iron Lion, Borussia Dortmund’s, Disney World, Hogwarts Express, Disney, Star, Hollywood Studios, Falcon, Arizona Cardinals, College Football National, Funk, Brewery, Farm, Cardinals, Costa Rica, San Francisco, Denver Broncos, Scratch, Levi’s, Intel, Great America, VTA Locations: Canada, Atlanta, United States, Copa America, Austin , Texas, USWNT, Nigeria, Texas, Czech, Bulleit, Austin, Celis, matchdays, Venezuela, Jamaica, Costa Rica, Paraguay, Atlanta , Georgia, Argentina, Panama, United, Charlotte, North Carolina, Swedish, American, Arlington , Texas, Arlington, Dallas, Irving, Peru, Chile, States, Houston , Texas, . El, Mexico, Fannin, Colombia, , Kansas City , Missouri, Kansas, Kansas City, Arrowhead, Athletic’s, Uruguay, Mercy, , Kansas City , Kansas, America, Inglewood , California, Inglewood, Los Angeles, Santa Monica, Venice, La Fonda, LA, Hawthorne, Lennox, Brazil, Paradise, Nevada, Vegas, Ecuador, Miami, Florida, Miami Gardens, Versailles, South Florida, East Rutherford , New Jersey, New York City, Secaucus, Bolivia, Orlando, Glendale , Arizona, Arizona, Glendale, Phoenix, Costa, Santa Clara , California, San Francisco 49ers, San Francisco, California’s, Great, Levi’s, Lick
A sector of the stock market beloved by income investors could ride the wave of rising energy consumption over the long run, according to Wells Fargo. After 15 years of relatively flat power demand, Wells Fargo sees a compound annual growth rate of 2.6% through 2030 and 80% growth by 2050. The development bodes well for a group of utilities – and Wells Fargo called out some of its overweight-rated plays on the power trend for the long run. Wells called out the 10-year site plan NextEra subsidiary Florida Power & Light submitted to the state's public service commission. The stock's price "[reflects] a level of optimism," Wells Fargo analysts said, but "we think there is a case for further outperformance."
Persons: Neil Kalton, Wells Fargo, Wells, Duke, NextEra, it's Organizations: Duke Energy, Carolinas, Florida Power, Constellation Energy, Constellation, Microsoft, NRG Energy Locations: Wells Fargo, U.S, South Carolina, North Carolina, Virginia, Wells
Forget the Magnificent Seven. These AI plays are red hot
  + stars: | 2024-05-16 | by ( Krystal Hur | ) edition.cnn.com   time to read: +6 min
The S&P 500’s utility sector has gained 14% this year, making it the third-best-performing category behind information technology and communication services. Utility stocks tumbled more than 10% in 2023, underperforming the S&P 500’s 24% gain, as investors betting on the artificial intelligence boom crowded into the Magnificent Seven big tech stocks. To be sure, not everyone is jumping into utility stocks. Rising gasoline and shelter costs accounted for more than 70% of the monthly increase in overall inflation, according to the report. Including the ticket price, UK concertgoers will spend, on average, £848 ($1,068) each, which is more than 12 times the average cost of a night out in the UK, according to Barclays’ research.
Persons: , Adam Turnquist, Alicia Wallace, Wednesday’s, Read, Taylor Swift’s, Anna Cooban, Swift Organizations: CNN Business, Bell, New York CNN, Constellation Energy, NRG Energy, International Energy Agency, Federal Reserve, LPL, Nvidia, Micro, Bureau of Labor Statistics, CPI, Barclays, Barclays ’ Locations: New York, United Kingdom, United States, England, Wales, Scotland
Strategist Mislav Matejka said equities are coming up against a seasonally weak period and advised investors buy traditionally defensive stocks such as utilities and staples. "The latest market move to a more Defensive trading should have legs, such as recent outperformance of Utilities and Staples." "We continue to believe that will happen irrespective of bond yields direction from here, alongside a more positive performance of commodity sectors - Energy and Mining," he said. XLU 1M mountain Utilities Select Sector SPDR Fund (XLU) Utilities have outperformed quarter to date, while most other sectors have shown weakness. The Utilities Select Sector SPDR Fund (XLU) advanced 4.7% this quarter, making it top performing sector in the S & P 500.
Persons: Mislav Matejka Organizations: JPMorgan, Stocks, Dow Jones, Nasdaq, Utilities, Staples, Energy, Mining, NRG Energy, NextEra Energy, Communication
The Fed and economic policy were top of mind this week given the central bank's Wednesday decision to yet again leave interest rates unchanged , as it has since last summer. This week included the conclusion of April's trading month, which marked the first down month of the year for all three major market averages. Indeed, some recent earnings reports have raised doubts about the economy, with brands from McDonald's and Starbucks evidencing signs of strain among consumers. While no new inflation numbers are scheduled for release next week, investors will see reports on March wholesale inventories, March consumer credit and May consumer sentiment from the University of Michigan. AI trade Though interest rates took center stage this week, investors also continued monitoring companies tied to the artificial intelligence boom amid the stocks' recent choppiness.
Persons: they're, Jerome Powell, Larry Tentarelli, David Donabedian, Sam Stovall, There's, Stovall, Tom Hainlin, Tentarelli, CFRA's Stovall, Lyft, Cabot, Aramark, Tempur Sealy, Nikola, Walt Disney, Sally Beauty, Warby Parker, Krispy Kreme, Papa John's Organizations: Federal Reserve, Treasury, Nasdaq, Dow Jones, CIBC Private Wealth, Dow, CFRA, Citigroup, Bank of America, U.S, Bank Wealth Management, University of Michigan, Nvidia, Disney, Spirit Airlines, Tyson Foods, Pharmaceuticals, Lucid, Palantir Technologies, Simon Property, Tech, Lab, Goodyear Tire, Noble Corp, Vornado Realty, Coty, BellRing, Consumer, UBS, BP, Nintendo, Bloomin, Duke Energy, Rockwell Automation, Ferrari, NRG Energy, Electronic Arts, Cirrus, Adaptive Biotech, Arista Networks, Dutch Bros, Holdings, Virgin Galactic, IAC, Rivian Automotive, Brighthouse, Occidental Petroleum, Assurant, Kinross Gold, Labs, Diamond, Reddit, Anheuser, Busch InBev, Embraer, Health, United Parks & Resorts, Emerson Electric, Brookfield , New York Times, Food, Reynolds Consumer Products, Teva Pharma, Uber Technologies, Dine Brands, Liberty Broadband, Fox Corp, Cushman &, Liberty Media, Arm Holdings, Kodiak Gas Services, Solaredge Technologies, AMC Entertainment, Cheesecake, News Corp, Toyota Motors, Fair, US Foods, Hyatt Hotels, Warner Bros, Hilton, Warner Music Group, Unity Software, Insurance, Gen, Honda, AMC Networks Locations: Central, McDonald's, Expeditors, Occidental, Angi, Brookfield , New, Ambev, Cushman & Wakefield, Michigan
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