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Here are Monday's biggest calls on Wall Street: Oppenheimer reiterates Netflix as outperform Oppenheimer said the Jake Paul-Mike Tyson fight "demonstrates [the] ability for meaningful" live event viewership for Netflix. Goldman Sachs initiates Ingram Micro as buy Goldman said the IT solutions provider is well positioned. Goldman Sachs initiates Gatx as buy Goldman said it's bullish on the railcar company. Baird upgrades Roku to outperform from neutral Baird said in its upgrade of Roku that it sees an "attractive long-term opportunity." Needham upgrades Robin Hood to buy from hold Needham said the stock is a beneficiary of the Trump election.
Persons: Oppenheimer, Jake Paul, Mike Tyson, it's bullish, Goldman Sachs, Ingram, Goldman, Baird, Morgan Stanley, Raymond James, Wells, Needham, Biogen, it's, Robin Hood, Trump, Donald Trump's, Bernstein, Tesla Organizations: Netflix, Citi, Astera, Ingram, GATX Corporation, RBC, UBS, Franco, Wheaton Precious Metals, WPM, HSBC, Moderna, Air Products, Hewlett Packard Enterprise, Enterprise, Aetna, Bank of America, Nvidia, " Bank of America, DOJ, Google, BMO, SEC, EV Locations: Nevada, Asia
David Einhorn's Greenlight Capital this week revealed a fresh stake in agriculture equipment maker CNH Industrial , and increased its bets on Peloton Interactive and gold in the third quarter. The hedge fund, which Einhorn founded in 1996, disclosed in its latest regulatory filing that it took a roughly $79 million stake in CNH during the latest quarter. Einhorn also increased his holding in Peloton by roughly 40%, bringing his stake in the company to about $45 million. That led him to buy medium-sized stakes in a few value companies and take a larger position in gold. Einhorn added 3.1% to his holding in SPDR Gold Trust in the most recent quarter, bringing it to $51 million.
Persons: David Einhorn's, Einhorn Organizations: Interactive, CNBC, CNBC's, Alpha, Robin Hood Investors Conference, Cornell, Trust, Capri Holdings, Penn Entertainment, HP, Roivant Sciences, Packaging, Tenet Healthcare Locations: CNH, Holland, New York City, Capri
Now 72, Greg Ho has run 43 marathons and plans to make that 100 before he turns 100. He had very little time to devote to exercise due to what he described to Business Insider as his "high-stress job" as the president of Spring Mountain Capital. Spring Mountain Capital and West Harlem Innovation NetworkThe marathon training program Ho embarked on "was miserable, and it hurt," he said. Running helps Ho to maintain his lifestyle"Physically and mentally, running enables me to perform while I get little sleep," he said. Spring Mountain, Ho's firm, backs the West Harlem Innovation Network, which develops new businesses and entrepreneurial talent in the underserved NYC neighborhood.
Persons: Greg Ho, , Ho, he'd, Robin Hood, Ho didn't, he's, we're Organizations: New York VC, Service, Business, Spring, Robin Hood Foundation, York, Robin, West Harlem Innovation, West Harlem Innovation Network, PLoS Medicine Locations: New York, Capital
Justin Lubell, Citadel's Global Equities head, said shorting has been a big driver of returns. There's less competition in the space compared to going long on stocks, he said. Anthony Bozza, the founder of Lakewood Capital, called those who know who to short stocks a "dying breed." AdvertisementWhile some big bets against specific stocks have blown up in hedge funds' faces in recent years, there's still a focus on shorting at Citadel's longest-running equities unit. Related storiesEven investors known for bold short bets have moved away from the practice.
Persons: Justin Lubell, shorting, Anthony Bozza, , there's, Ken Griffin's, Lubell, Robin, Gavin Baker, Lee Ainslie, Steve Cohen's Point72, Gabe Plotkin's Melvin Capital, Pershing, Bill Ackman, Bozza Organizations: Citadel's Global, Service, Citadel's, Citadel Global, Robin Hood Investors Conference, Business, Management, Lakewood Capital, Maverick Capital, GameStop, Lakewood Locations: Lakewood Capital, New York
Earnings season is in full swing, and some names reporting this week are positioned for major moves. So far, 37% of those in the broad market index have reported this quarter, resulting in what has been a mixed reporting period. According to LSEG, earnings have come in 6.1% above expectations, while revenue is 1.5% higher, as of Monday. Last week, the stock advanced more than 1% on Wednesday due to JMP Securities upgrading it to market outperform from market perform. The financial services provider has jumped around 52% over the past three months and more than 41% over the past month.
Persons: Andrew Boone, Greenlight Capital's David Einhorn, Einhorn, Kamala Harris, Donald Trump Organizations: Dow Jones, Apple, CNBC Pro, Securities, Robin Hood Investors Conference, U.S, Technologies
The first page of the deck was titled "15 minute 'Stock Pitch Ride'" and shows an image of Einhorn on a Peloton bike. Greenlight Capital's David Einhorn thinks Peloton could trade as high as $31.50 a share if the company slashes costs, which could double its current adjusted EBITDA projections, CNBC has learned. And Adidas has 8 times more sales than Peloton and an order of magnitude more product lines." In August, Peloton said it expects it can post adjusted EBITDA of between $200 million and $250 million in fiscal 2025. "The nice part of our thesis is that we don't have to convince Peloton this is the right approach," said Einhorn.
Persons: Einhorn, Einhorn pedaled, Greenlight Capital's David Einhorn, Bill Ackman, Robin Hood, Richard Buery —, Karen Boone Organizations: Robin Hood Investors Conference, Wednesday, CNBC, Spotify, Netflix, Adidas, Companies Locations: EBITDA
David Einhorn said computer hardware maker HP could eventually benefit from AI. He said HP stock trading around 10x earnings looks "very reasonable." AdvertisementFamed hedge fund investor David Einhorn is eyeing a tech stock that could be an under-the-radar artificial intelligence play. One of these names is computer hardware firm HP, Einhorn told Bloomberg TV. The stock is trading 10 times earnings, pays a dividend yield of over 3%, and spends 100% of free cash flow paying shareholders, he said.
Persons: David Einhorn, , Einhorn Organizations: HP, Service, Greenlight, Bloomberg, COVID, Robin Hood Investors Conference
David Einhorn speaking at the 2024 Sohn Conference in New York City on April 3, 2024. Shares of Peloton spiked more than 11% on Wednesday after Greenlight Capital's David Einhorn said shares of the company are significantly undervalued, CNBC has learned. It was not immediately clear what Einhorn believed Peloton shares should trade at. He made the case for the company as he was riding a Peloton bike, a person familiar with his remarks said. Peloton did not immediately respond to CNBC's request for comment.
Persons: David Einhorn, Greenlight Capital's David Einhorn, Einhorn, Barry McCarthy Organizations: CNBC, Robin Hood Investors, Greenlight, Costco Locations: New York City
"I think all roads lead to inflation," Jones told CNBC's "Squawk Box" on Tuesday. "I'm long gold. I'm long bitcoin. I think commodities are so ridiculously underowned, so I'm long commodities. @GC.1 YTD mountain Gold, YTD The CBO expects deficits will hit $2.8 trillion by 2034, up from $1.8 trillion in fiscal 2024.
Persons: Paul Tudor Jones, Jones, CNBC's, That's, Robin Hood, Donald Trump, Bitcoin Organizations: Trump, Nasdaq, Tudor Investment, Robin, Robin Hood Foundation, Congressional, Treasury, Federal, Metrics Locations: U.S
Vice President Kamala Harris would prioritize small business growth and large industry competition in shaping her own antitrust and regulatory policy if she wins the presidency in November, Maryland's Democratic Gov. A pro-growth, pro-competition approach to business in a potential Harris administration would mark a striking divergence from the aggressive trust-busting and merger-skeptical principles that have shaped the Biden administration's regulatory agenda. "As the vice president is thinking about a future-facing administration, there are going to be different dynamics that are going to require different philosophies," said Moore. "There will be different sociopolitical and just political dynamics that is going to require a different set, a different lens and a different vision." But his comments could feed the hopes of Wall Street dealmakers who are already optimistic that a potential Harris administration — while firmly rooted in progressive economic traditions — might deprioritize the aggressive antitrust regime that has been a trademark of Biden's presidency.
Persons: Kamala Harris, Wes Moore, Harris, Moore, Organizations: Maryland's Democratic Gov, Biden, Democratic Party, Citigroup, Deutsche Bank, Robin Hood Foundation, Wall Locations: Baltimore, New York
So begins the 1981 Oscar-winning film “Chariots of Fire,” introducing a group of British athletes as they train for the Olympic Games. Based on the lives and gold-medal-winning performances of sprinters Eric Liddell and Harold Abrahams ahead of the 1924 Paris Olympics, “Chariots of Fire” won four Oscars – including Best Picture. Athletes and officials process during the Opening Ceremony of the 1924 Paris Olympics. “The film has got a way of really, really speaking to people … something much more than we envisaged or probably had been put into it. He went on to become an influential journalist, broadcaster and athletics administrator, and he remains one of only three British men to win the Olympic 100m title.
Persons: St Andrews, ” David Puttnam, , Eric Liddell, Harold Abrahams, Ronald Reagan, Joe Biden, , It’s, Liddell, Abrahams –, , Ian Charleson, Allan Wells, ” Eric Liddell, Firmin, Wells, Abrahams, Liddell’s, , , I’ve, they’ll, ” Sue Caton, He’d, ” John MacMillan, MacMillan, “ He’s, Robin Hood, ” Abrahams, ” Harold Abrahams, Ben Cross, Sam Mussabini, “ Harold Abrahams, Mark Ryan, ” Liddell’s, Ryan, Puttnam, Oscar, Tom McNab, Nigel Havers –, Andrew Lindsey –, we’d, … I’ve, ” Courage Organizations: CNN, Olympic Games, CNN Sport, Keystone, Hulton, Scottish, international, University of Edinburgh, Olympics, Topical Press Agency, Getty, Eric Liddell Community, Cambridge, AAA, Central Press, BBC, , Paris, ABC, Disney, Entertainment Locations: Scottish, St, Paris, Scotland, China, Asia, Moscow, Edinburgh, , St Andrews, England
THE COIN, by Yasmin ZaherHalfway through Yasmin Zaher’s debut novel, “The Coin,” the unnamed narrator, a Palestinian schoolteacher in New York City, arrives at the Hermès flagship store on Paris’s Rue Saint-Honoré to buy a Birkin. “Every year, regardless of poverty, war or famine, the price of the Birkin bag increases,” she explains. (He, in turn, left her millions of dollars that she cannot access except by allowance from her patronizing older brother.) Or with her own rootlessness, her parentless exile from a place in which her family had already been exiled for generations? Zaher’s smart, sneering novel of capital and its consequences answers: Everything.
Persons: Yasmin Zaher Halfway, Yasmin Zaher’s, , Birkin, Hermès, grifter, Robin Hood, Muhammad Organizations: Rue Saint Locations: Palestinian, New York City, Palestine
This was, of course, the holy union of Victoria and David Beckham. “I even had a top hat in purple,” David said in 2017 during an interview with BBC Radio 4. In photos shared on Instagram, Victoria and David posed in their purple glad rags in front of their wedding day thrones. “Yep, still got it!” The pair wrote. “Wearing purple on your wedding day.
Persons: Robin Hood, Damien Hirst —, Antonio Berardi, David Beckham, , ” David, ” ’, Jimmy Fallon, Victoria Beckham, David, “ Can’t, it’s, Organizations: CNN, Victoria, BBC Locations: Dublin, British, Instagram, Victoria
Welcome to the Little Britain Inn, a corner of Germany that shall remain forever England. Because that’s the thing about the Little Britain Inn. In fact, the reason the Little Britain Inn exists is because of a cross-cultural argument. The Little Britain Inn also rates 4.8 out of 5 on Google. Some of our best guests have been here eight or 10 times – it’s like they’re our friends.”Today, the Little Britain Inn is going from strength to strength.
Persons: , Jack, that’s, there’s, Queen Elizabeth, Prince William, , Blinders, Julia Buckley, Robin Hood, James Bond, Queen Elizabeth II, . Bean, Jack Sparrow, Alice, Wonderland, the, William, Meghan, Harry, Charles, Camilla, Princess Diana, Brexit Gary Blackburn, Gary Blackburn, Blackburn, Monika, who’s, it’s, who’d, he's, Unkel –, Who, they’d, Union Jack –, England, , Bean, Agatha Christie, Harry Potter, – Blackburn, traipse, King Charles, Emma Bridgewater, King Charlie's, John Deere, Emily, Alyson, wouldn’t, They’re, Diana, Gary’s Organizations: Germany CNN, England, lifesize Paddington Bears, Paddington Bears, CNN, Paddington Bear, Brit, European Union, EU, Blackburn, Little, Linz –, Royce, Union, Google, YouTube, Regulars Locations: Vettelschloss, Germany, Rheinland, Pfalz, Rhineland, Palatinate, Bonn, West Germany, Cologne, Little Britain, Trafalgar, Little, England, British, German, Poland, Unkel, Linz, London, Blackburn, Guildford, Charles, Cornwall, Birkenstock, Argentina
A former California official pleaded guilty to conspiring to steal more than $1.5 million of water, but the decadeslong water heist case still has more questions than answers. The US attorney said Falaschi was responsible for stealing somewhere between $1.5 million and $3.5 million worth of water. Falaschi's plea agreement claims he's responsible for stealing only a fraction of the original $25 million prosecutors accused him of taking in the original indictment. The plea agreement also said Falaschi was one of several people involved in the misconduct and that he was unaware of the full extent of the misconduct. Of the water Falaschi took, the plea agreement said almost all of it was taken to "blend down and reuse drainage water, which helped protect farmland and improve water quality in the San Joaquin River."
Persons: Dennis Falaschi, Falaschi, should've, Robin Hood, he's Organizations: Service, US, Eastern, Eastern District of, Business, Prosecutors, Los Angeles Times, Times Locations: California, Fresno, Merced Counties, Eastern District, Eastern District of California, San Joaquin
From the beginning, Mr. Trump’s admirers have compared him to a paradigmatic outlaw hero, Robin Hood. Mr. Trump may not deserve the comparison — critics of his 2017 tax cut called it a reverse Robin Hood — but myth has a way of overstepping mere fact. Did Jesse James really pay off a widow’s mortgage, then rob the greedy banker who took the cash? For that matter, did Robin Hood really rob the rich and give to the poor? Like Joaquín Murrieta, the 19th-century Mexican laborer working in California who, according to legend, responded to injustice by vowing that he “would live henceforth for revenge,” Mr. Trump has promised to avenge the downtrodden.
Persons: Robin Hood, Sebastian Gorka, Trump, Lauren Boebert, Biden, Robin Hood’s, Prince John, Mr, Jesse James, Joaquín Murrieta, ” Mr, , Trump’s, Bandman Kevo, Donald Trump Organizations: , Republican Locations: Colorado, California
Port-au-Prince, Haiti CNN —Vitel’homme Innocent’s picture on the FBI’s “Ten Most Wanted” list of fugitives suggests a crazed man – eyes wide and wild, teeth bared. But the man on the gold sofa preferred to talk about a brighter future – one that he claims Haiti’s gangs are prepared to usher in. Abandoned cars on the road between the US Embassy and the Kraze Baryé stronghold in Port-au-Prince, Haiti, on April 28, 2024. Kraze Baryé employs around 100 men and women, according to Innocent’s lieutenant and cousin, the bleach-blond Dezod Augustin, 34. But Haiti’s gangs maintain they deserve a seat at the negotiating table.
Persons: Haiti CNN —, Innocent, Evelio Contreras, , ” Innocent, de, , Kraze Baryé, , Viv Ansanm, Ariel Henry, Henry, Kraze, “ It’s, ’ Marie, Lucie Bonhomme Opont, Pierre, Louis Opont, territoire perdue, Opont, , Jimmy Chérizier, Robin Hood, Sanjou, Dezod Augustin, Gedeon Jean, Prince, Baryé, Delmas, Antony Blinken, Haiti Dennis Hankins, Rick Barton, Haiti’s, CNN Jean, Henry’s, Jean, CNN’s Rachel Clarke Organizations: Haiti CNN, CNN, Haiti’s, Prince, de Mars, United Nations, Haitian National Police, , Kenya, Haiti’s National Police, CARICOM, US Embassy, Security, , Washington, US, UN, Fund, Federal Bureau of, State Department Locations: Prince, Haiti, Tabarre, Haiti’s, Port, balaclavas, Haitian Creole, Haitian, Nairobi, , Canada, United States, Kraze Baryé, American, France, Kenya, Bahamas, Bangladesh, Barbados, Benin, Chad, Jamaica, it’s, Atlanta
Leaving London for New York City felt like the only option. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTwo years ago, my partner and I were still living in a one-and-a-half-bedroom basement in London. AdvertisementLeaving London for New York felt like the only optionAfter that, I had to admit, grudgingly, that going to New York seemed like the best option. The poverty in New York City is reported to have increased in recent years, bringing the total number of New Yorkers living in poverty to 2 million, according to a report from Robin Hood, an anti-poverty philanthropy.
Persons: Hannah Crown, , we've, we'd, Peter, We've, I've, Robin Hood, It's Organizations: Service, Apple, Radio City, London Locations: British, England, London, New York City, New York, New Jersey, Brooklyn, Macy's, Radio, Dyker Heights, Long
Photographer Chelsea Lauren has documented the red carpet scene for the photo agency Shutterstock for nearly a decade. Billed as the celebrity event of the year, with its 900-foot-long red carpet that sweeps down Hollywood Boulevard and into the Dolby Theatre, the Oscars are on another level. There’s a hierarchy to the arrivals — non-famous attendees take a less central route down the red carpet, while the biggest stars arrive last. The next day on the Oscars red carpet, Kaluuya pointed at Lauren and yelled “You’re my G!” “It’s just the little moments like that,” she said. Courtesy Chelsea Lauren/ShutterstockWhile undoubtedly fun, being a red carpet photographer is not all glamour.
Persons: Los Angeles CNN — It’s, Sid Grauman, “ Robin Hood, , Chelsea Lauren, Lauren, It’s, ” Lauren, , Paris Hilton, Janelle Monáe, Colman Domingo, Rustin ”, ” Chelsea Lauren, Janelle Monae, Shutterstock Chelsea Lauren, Paris, bachelorette, Shutterstock, Daniel Kaluuya, Timothée Chalamet, she’ll, that’s, I’d, she’s, Lauren hasn’t, “ I’m, ’ It’s Organizations: Los Angeles CNN, Globes, Dolby Theatre, CNN, Paris, Southwest Locations: South, LA,
“It will probably get dirty — maybe it wasn’t the best choice,” Ms. Love said at the time. Last year’s champagne carpet — the first time in more than six decades that the academy’s arrival rug was not red — was part of a trend of colorful carpets that have swept premieres, galas and award ceremonies across the country in recent years. See the Emmys (gray) and the world premiere of “Barbie” in Los Angeles in July (pink, obviously). Red carpets have been a staple at premieres and galas since 1922, when the showman Sid Grauman rolled one out for the 1922 premiere of “Robin Hood,” which starred Douglas Fairbanks, at the Egyptian Theater in Hollywood. The Oscars adopted it beginning with the 1961 ceremony, and, ever since, the special shade — known as Academy Red — has been instantly recognizable in photos.
Persons: , , Love, Ms, galas, “ Barbie ”, Sid Grauman, “ Robin Hood, Douglas Fairbanks, Organizations: Times Locations: Los Angeles, Hollywood
Port-au-Prince, Haiti CNN —From above, Haiti’s capital city Port-au-Prince still looks serene, its white-washed homes climbing steep green hills that encircle a glittering bay. Police officers run holding their guns while confronting a gang in Port-au-Prince, Haiti March 1, 2024. Haiti’s gangs were once seen as thuggish instruments for powerful politicians and business elites. Haitian Prime Minister Ariel Henry at the United States International University Africa, in Nairobi on March 1, 2024. Anger toward the government for Haiti’s gangs problem is misplaced, he also said, emphasizing that the government has limited options.
Persons: Toussaint, Prince, Ariel Henry, Haiti’s, , , Jimmy “, Robin Hood, Ralph Tedy Erol, Henry, “ Ariel Henry, Haiti Ulrika Richardson, Kraze Barye, John Bosco, Jeremie, CNN’s, Ariel kraze peyi, Ariel, Jovenel Moise, Guy Philippe, Odric Octina, Johnson Sabin, Shutterstock, Simon Maina, Henry’s, Jean Junior Joseph, , Leinz Vales, Sean Walker Organizations: Haiti CNN, CNN, Police, United Nations, FBI, Global, Transnational, UN, National Police, Haitian, Canadian Embassy, Catholic, St, Bank, , Haitian Environment, Penitentiary, Reuters, Haiti, Caricom, United States International University Africa, Getty, Kenyan, United Nations Security Council, United Locations: Prince, Haiti, Port, Toussaint L’Ouverture, Kenya, New York, Delmas, Cité, Kizito, Jeremie, farmworkers, United States, Canada, It’s, Haitian, West, Nairobi, AFP
Comedian Richard Lewis died at 76 on Tuesday night after suffering a heart attack. He's best known for roles in "Robin Hood: Men in Tights" and "Curb Your Enthusiasm." AdvertisementComedian and actor Richard Lewis has died at the age of 76 years old, Deadline first reported on Wednesday. According to his publicist Jeff Abraham, Lewis died of a heart attack in his Los Angeles home on Tuesday night, Business Insider has confirmed. This story is available exclusively to Business Insider subscribers.
Persons: Richard Lewis, He's, Robin Hood, , Jeff Abraham, Lewis, Joyce Lapinsky, Abraham Organizations: Service, Business Locations: Los Angeles
His publicist, Jeff Abraham, said the cause was a heart attack. Mr. Lewis announced last year that he had Parkinson’s disease. Mr. Lewis was among the best-known names in a generation of comedians who came of age during the 1970s and ’80s, marked by a world-weary, sarcastic wit that mapped well onto the urban malaise in which many of them plied their trade. He became a regular on late-night talk shows, favored as much for his tight act as for his casual, open affability as an interviewee. And he was at the forefront of the boom in stand-up comedy that came with the expansion of cable television in the late 1980s.
Persons: Richard Lewis, Robin Hood, HBO’s, , Jeff Abraham, Lewis Locations: Los Angeles
Comedian Richard Lewis dead at 76
  + stars: | 2024-02-28 | by ( Dan Heching | Brian Lowry | Alli Rosenbloom | ) edition.cnn.com   time to read: +4 min
CNN —Comedian and actor Richard Lewis, whose self-deprecating humor and acerbic wit in shows like “Curb Your Enthusiasm” and “Anything but Love” entertained audiences for decades, has died, according to his publicist Jeff Abraham. In April of 2023, Richard revealed that he had been living with Parkinson’s disease. ‘Enthusiasm’ for a lasting friendshipArguably best known for his role on “Curb,” Lewis just recently shared that the decision to play himself on the hit series was creator David’s idea. Lewis and David’s relationship extended beyond the screen, having been in each other’s lives since their 20s. Lewis performed stand-up comedy for 50 years until he took his final bow in 2018 at Chicago’s Zanies.
Persons: Richard Lewis, , Jeff Abraham, Abraham, , Richard, Lewis, Johnny Carson ”, Larry David, Jamie Lee Curtis, Prince John, Mel Brooks ’, Robin Hood, ” Richard Lewis, Ethan Miller, Lewis ’, ” “ Richard, ” Lewis, David, David “, Larry, ” Larry David, John P, Johnson, “ Richard, he’s, I’ll, ” Lewis ’, Joyce Lapinsky Organizations: CNN, Software, Bellagio, HBO, Warner Bros, , Ohio State University Locations: Los Angeles, Las Vegas , Nevada, Brooklyn, New Jersey, Chicago’s
What's more, child poverty surged from 2021 to 2022, rising to 25% of children living in poverty, the report found. The findings conjure a stark contrast with the ultrawealthy in New York City, which, as of 2023, had the highest concentration of millionaires worldwide, with 340,000 millionaires, according to the London-based firm Henley & Partners. Alarmingly, this year's annual Poverty Tracker report observes the sharpest one-year increase in poverty we've found since launching the study in 2012. Buery cited the expired pandemic-era financial supports, such as the expanded child tax credit, as examples of the city's progress in the past. "We know that fully refundable tax credits, housing vouchers, and childcare subsidies can move millions out of poverty and hardship.
Persons: Robin Hood, we've, Richard R, Buery Jr, Buery, it's Organizations: Columbia University's, Poverty, Bronx ,, Henley & Partners, US, Senate Locations: New York, Bronx, Bronx , Queens, Brooklyn, New York City, London, York City
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