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☆ Why NBC is the wild-card NBA bidder to watch as the league negotiates a new TV deal
▼ + stars: | 2024-04-02 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Why NBC could be a perfect fit for the NBABarring a major upset, ESPN and WBD will continue to broadcast NBA games. The network used to broadcast NBA games nationally starting in 1954, and Comcast still shows games on its regional-sports networks in five markets. Comcast-subsidiary Sky Sports also aired NBA games in the United Kingdom for four years starting in 2019. Moffett, the media analyst and MoffettNathanson cofounder, told BI he sees NBC entering the bidding war for NBA media rights if only to assist its streamer. Unlike ESPN and TNT, NBC doesn't necessarily need NBA games.

Persons: it's, supercharge Peacock, Peacock, Craig Moffett, Nielsen, That's, Will, Moffett, Joseph Bonner, WBD's, Bonner Organizations: NBA, ESPN, Warner Bros, TNT, Business, Apple, Netflix, NBC, Comcast, WBD, Diamond Sports, NFL, Premier League, Sky Sports, Moffett, BI, Argus Research, Disney, Fox, Google Locations: United Kingdom

☆ A diamond engagement ring is an ‘emotional purchase,’ analyst says. Here's what to know about lab-grown vs. natural gems
▼ + stars: | 2023-11-17 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

However, unlike natural diamonds, lab-grown stones don't increase in value at all. Natural diamonds were 'a winner' during the pandemicMan proposing to his girlfriend on Christmas Eve. Shoppers will also need to consider that the supply of natural diamonds is declining as the world runs out of resources, he added. Man-made diamonds might come to be considered "costume jewelry" in the future, said Benjamin Khordipour, manager of Estate Diamond Jewelry in New York. "People looking to buy an engagement ring or a piece of fine jewelry are going to continue to want natural diamonds."

Persons: Bryan Miguel, Zimnisky, Martin, Kay Jewelers, Benjamin Khordipour Organizations: Signet, Signet Jewelers, Jewelry Locations: U.S, Zales, New York

☆ Getting engaged? Amid lab-grown diamond boom, here's what to know about man-made vs. natural gems
▼ + stars: | 2023-11-08 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

If your partner got down on one knee and asked you to marry them today, would you say yes? What if you found out the ring destined for your finger boasts a lab-grown diamond? The chances of that engagement ring bearing a man-made diamond are higher than you might think. Global sales for lab-grown diamonds increased to $12 billion in 2022, up 38% year over year, per an analysis by New York-based Paul Zimnisky, a financial and diamond industry analyst. "It's very difficult to resell a lab diamond, and as the price gets lower, I don't think there's going to be a resale market for lab diamonds," Zimnisky said.

Persons: Paul Zimnisky, Borrow, Gen, Zimnisky Organizations: Finance Locations: New York

☆ 'Insanity upside potential': A hedge fund manager up 734% since the start of 2019 highlights the best investing opportunity he's ever seen — and explains why the remarkable oil rally will gain steam
▼ + stars: | 2023-09-19 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Renewed optimism about the economy calmed demand concerns while expectations of the largest oil production cuts since 2007 started to sap supply. Saudi Arabia and its OPEC allies refuse to boost oil production, much to the chagrin of the US. And so that's why I think it's just really, really interesting. Boosting uranium production takes years, he added, so it may take years to fix the shortage. Oil-adjacent stocks are the second-largest part of the Praetorian Capital Fund, Kupperman said.

Persons: Harris Kupperman, Kupperman, it's, I've Organizations: Energy, OPEC, Praetorian Capital Management, Capital Fund, Uranium Trust Fund, Praetorian Capital Fund, drillers, Offshore Locations: Saudi Arabia, Kazakhstan, Uzbekistan, Russia, Ukraine

Unlike Prime Day, where you must be an Amazon Prime member, anyone can take advantage of Walmart Plus Week. To compare the Walmart Plus Week deals to Amazon, visit our best Prime Day deals live blog. Walmart is holding a competing Prime Day sale called Walmart Plus Week. Do I need a Walmart Plus subscription to get Walmart Plus Week deals? Walmart Plus Week started with early access deals for Walmart Plus members on July 10.

Persons: Price Dyson, Dyson, Price, Opal Organizations: Walmart, Amazon, Glide, Price Samsung Galaxy, Samsung Galaxy, Android, Price GE, Deal, Monitor, Amazon Prime

And unlike Amazon Prime Day, Walmart+ Week sales are open to all customers, even if you don't have a Walmart+ subscription. Here are some of the best Walmart+ Week deals we've found so far from our favorite brands. And to see how Walmart+ Week compares to Amazon Prime Day, make sure to check out our best Prime Day deals live blog. During Walmart+ Week 2023, it's down to $599 for the king size, which is $30 less than Amazon's deal price. What deals should I expect from Walmart during Walmart+ Week 2023?

Persons: we've, Price, Dyson, Opal Organizations: Walmart, Amazon, Amazon Prime, Glide, Price Samsung Galaxy, Samsung Galaxy, Android, Price GE, Deal, Monitor

☆ Bank of America makes big bull call on gold, says this is the perfect time to own bullion ETFs
▼ + stars: | 2023-04-26 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

The stage is set for gold to shine as the bullion makes an ideal hedge for stubborn inflation, according to Bank of America. "That rare thing, an uncorrelated anti-stagflation hedge," Jared Woodard, the firm's investment and exchange-traded funds strategist, said of gold. Bank of America said the precious metal has become particularly appealing as the opportunity cost of financial assets dips. Here are the five bullion ETFs that Bank of America is highlighting: iShares Gold Trust Micro (IAUM) SPDR Gold MiniShares Trust (GLDM) abrdn Gold Shares ETF (SGOL) iShares Gold Trust (IAU) SPDR Gold Shares (GLD) Out of these funds, Bank of America's top-rated ones are GLDM and IAUM. The strategist said these newer "mini" funds have lower expenses than their peers, but they have the same fundamentals backed by physically held gold bullion.

☆ People Can't Get Ozempic, New Weight-Loss Drugs Because of Broken Healthcare System
▼ + stars: | 2023-04-13 | by ( ) www.businessinsider.com time to read: +15 min

Wegovy is just one of a wave of revolutionary weight-loss drugs, which also includes the buzzy Ozempic, that represents a watershed moment for obesity treatment. Demand for weight-loss drugs is surgingDoctors and healthcare professionals searched for a healthy, safe, and effective weight-loss solution for years before the drugs, known collectively as GLP-1 agonists, exploded on the scene. If there is one key that could unlock access to expensive weight-loss drugs for Americans, it's Medicare. Expanding coverage for Ozempic and other weight-loss drugs for just a small segment of the population could cost Medicare up to $26.8 billion a year. Patients lose outYears from now, patients may have an easier time getting their hands on weight-loss drugs.

☆ A growing number of car buyers have loans worth more than their vehicles — and experts are worried about a surge of delinquencies
▼ + stars: | 2023-03-03 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +3 min

Car sales with a trade-in with negative equity rose from 14.9% to 17.4% in one year. Having negative equity means having a car debt that's more than the value of the car itself. The number of Americans that are upside down on their car loans is increasing. The combination of rising interest rates and declining used car prices after pandemic-induced highs has left some customers in difficult situations. As a result, a record number of car buyers are committing to paying $1,000 or more for their car loans, risking missed or late payments.

☆ Amazon has been trying to break into healthcare for years. Here's a look at everything it's done.
▼ + stars: | 2023-01-30 | by ( Lydia Ramsey Pflanzer | ) www.businessinsider.com time to read: +2 min

It's focused on providing primary care and dispensing prescriptions through Amazon Pharmacy. It hasn't been smooth sailing, and the tech giant has shut down some projects. It hasn't been smooth sailing for every healthcare project. In August, it shut down Amazon Care, a big homegrown primary-care bet. Analysts think in 2023 Amazon will continue to build on its healthcare business through more acquisitions.

We're buying 100 shares of Devon Energy (DVN) at roughly $67.41 each. Following Monday's trade, the Trust will own 400 shares of DVN, increasing its weighting in the portfolio to 0.93% from 0.7%. But we're going to be small buyers of the dip, choosing to add to our position in exploration and production company Devon Energy . 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.

The best Walmart Cyber Monday tech dealsDeal icon An icon in the shape of a lightning bolt. $35.00 from Walmart Originally $69.99 Save 50%Deal icon An icon in the shape of a lightning bolt. $299.95 from Walmart Originally $499.95 Save 40%Deal icon An icon in the shape of a lightning bolt. $997.99 from Walmart Originally $1,270.00 Save 21%The best Walmart Cyber Monday home dealsDeal icon An icon in the shape of a lightning bolt. $99.00 from Walmart Originally $249.99 Save 60%The best Walmart Cyber Monday kitchen dealsDeal icon An icon in the shape of a lightning bolt.

We're jumping on this Black Friday sale from GE: 25% off one of our favorite small appliances, the GE Profile Opal Nugget Ice Maker. When we tested ice makers, we found that the GE Profile was one of the few on the market that makes nugget, or pellet, ice. If you like to chew ice, love a mint julep, or frequent the Sonic drive-through, then you know about the positives of nugget ice. Great Price GE Profile Opal Nugget Ice Maker One of the few nugget ice makers on the market, the GE Profile does one task perfectly: making chewable nugget ice. Since the GE machine only makes nugget ice, the $530 price tag can feel like a big ask.

We're jumping on this sale from GE: 25% off one of our favorite small appliances, the GE Profile Opal Nugget Ice Maker. When we tested ice makers, we found that the GE Profile was one of the few on the market that makes nugget, or pellet, ice. If you like to chew ice, love a mint julep, or frequent the Sonic drive-through, then you know about the positives of nugget ice. Great Price GE Profile Opal Nugget Ice Maker One of the few nugget ice makers on the market, the GE Profile does one task perfectly: making chewable nugget ice. Since the GE only makes nugget ice, the $530 price tag can feel like a big ask.

☆ Wall Street ignored Big Tech's bloat during boom times. Now it's ready to slice and dice.
▼ + stars: | 2022-11-17 | by ( Jake Swearingen | ) www.businessinsider.com time to read: +6 min

As tech companies' stock has slumped, Wall Street now has leverage over companies. One reason for those layoffs: Wall Street is increasingly getting a say in how the tech giants are run. But 2022's slumping tech stocks and dismal revenue forecasts mean Wall Street suddenly has leverage. The more open question is whether tech companies are truly bloated regarding headcount. Wall Street will want to see companies cut costs, which will mean more layoffs.

Frontier Airlines "recently" held discussions with SpaceX about adding its Starlink satellite internet service to its planes and is more hopeful about adding such a product than in previous years, the carrier's CEO told CNBC on Thursday. Adding Starlink's Wi-Fi would be a departure for the budget carrier, which doesn't currently offer inflight internet service. Most major U.S. airlines offer Wi-Fi on board for a fee, though many are trying to improve the quality and lower the cost. In June, the FCC authorized SpaceX to provide mobile Starlink internet service to boats, planes and trucks. Denver-based Frontier has explored adding Wi-Fi on board before and frequently talks with other providers but, so far, hasn't been able to justify the cost.

Adam Masato took out $33,000 in crypto-backed loans to finish his investment property. Some crypto-backed loans don't have monthly payments and require no credit checks. Some crypto-backed loans don't have monthly paymentsUnlike a traditional mortgage or other loan, some crypto-backed loans don't require a set monthly payment. Mitesh Shah, founder of cryptocurrency analytics provider Omnia Markets, Inc., explains that crypto-backed loans are the same as securities-backed loans — i.e. I don't think it's smart to carry a crypto-backed loan any longer than you need to.

Persons: Adam Masato, —, liquidating, Masato, it's, Mitesh Shah, Shah, Weragoda, Says Shah, I've Organizations: Service, Inc

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