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☆ The most common mistakes people make during their first safari vacation
▼ + stars: | 2024-11-19 | by ( Monica Humphries | ) www.businessinsider.com time to read: +7 min

AdvertisementTwo safari travel agents shared common mistakes travelers make on their first visit to Africa. The average vacationer spends between $5,500 and $6,500 on a safari, according to travel company Go2Africa's 2023 safari report. AdvertisementWhile Meg van Niekerk, a safari planner for Go2Africa, said that's not always the case, she added that it's impossible not to fall in love with the vacation style. Van Niekerk and Shaun Stanley, the owner and founder of the luxury safari planning company Stanley Safaris, shared with Business Insider some common mistakes travelers can avoid on their first safari vacation. Van Niekerk connects with her clients via WhatsApp, so if I flight is delayed or something goes wrong, she's just a message away.

Persons: Meg van Niekerk, that's, Van Niekerk, Shaun Stanley, Stanley Safaris, Monica Humphries, Stanley, we've, overtourism, it's, van Niekerk Organizations: Business, Mara, Reserve Locations: Africa, Kenya, Tanzania, South Africa, Botswana, Central Serengeti, Republic of Congo

☆ Trump escalates test of strength over Gaetz pick
▼ + stars: | 2024-11-19 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

Video Ad Feedback Lawyer describes client's testimony in House Ethics Committee investigation of Gaetz 03:04 - Source: CNNThe Ethics Committee report has quickly become the first big crisis of the nascent second Trump administration. A small handful of Republican senators would be needed to defect in order to block Gaetz’s nomination when the party controls the Senate majority next year. GOP senators could pay a price for a prolonged confirmation fightIf Trump sticks with his pick, Republican senators feeling the MAGA movement’s pressure could be forced to defend Gaetz for weeks. Maine Sen. Susan Collins told CNN’s Raju that it would be “helpful” to see the House Ethics report. “Whether we get the ethics report or not, the facts are going to come out one way or the other,” Cornyn said.

Persons: Donald Trump, Matt Gaetz, Joel Leppard, CNN’s Erin Burnett, Gaetz, Mike Johnson, Trump, Dakota Sen, Kevin Cramer, ” Cramer, CNN’s Manu Raju, MAGA, Cramer, Pete Hegseth, Robert F, Kennedy Jr, Florida Republican –, Capitol Hill, it’s, Washington Trump, Bill Clinton, Zoë Baird, Kimba Wood, Maine Sen, Susan Collins, CNN’s Raju, Texas Sen, John Cornyn, ” Cornyn, “, Johnson, Susan Wild of, won’t, —, ” CNN’s Kristen Holmes, Axios, Kennedy, Hegseth, Tulsi Gabbard, It’s Organizations: CNN, Florida Republican, Justice Department, Trump, Gaetz, Fox News, Human Services Department, GOP, Capitol, FBI, Democrat, —, National Intelligence, Senate, Republican, North Dakota Republican Locations: Dakota, Washington, Texas, Susan Wild of Pennsylvania

☆ Meet Miriam Adelson, the billionaire GOP donor who's given $100 million to support Donald Trump's campaign
▼ + stars: | 2024-10-29 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

Miriam Adelson, 79, is the widow of casino magnate Sheldon Adelson. Miriam Adelson is one of Donald Trump's top donors in 2024. Go to newsletter preferences Thanks for signing up! After Sheldon Adelson's death in 2021, Miriam Adelson has continued to channel her fortune into reelecting Donald Trump as one of his wealthiest donors. Here's a closer look at Miriam Adelson's background, wealth, and political leanings.

Persons: Miriam Adelson, Sheldon Adelson, Donald Trump's, —, Sheldon Adelson's, Donald Trump, Here's, Miriam Adelson's Organizations: GOP, Service, Vegas Sands Corporation, Forbes, Adelson Foundation

☆ I've been to over 200 high-end golf courses around the globe. Here are 8 of my all-time favorites.
▼ + stars: | 2024-10-27 | by ( David Weiss | ) www.businessinsider.com time to read: +7 min

I'll never forget Cypress Point Club in Pebble Beach, CaliforniaCypress Point Club is right on the water. Forest Dunes Golf Club in northern Michigan is one of the Mitten State's best-kept secretsForest Dunes Golf Club has trees, water, and greenery. Evan SchillerTo create Forest Dunes Golf Club, golf pro Tom Weiskopf routed 18 holes through aromatic, pine-studded sand dunes in the middle of Michigan farm country. Chris Coduto/Getty ImagesScottsdale, Arizona, is home to over 200 golf courses and is a choice winter getaway for snowbirds from all over. AdvertisementOmni Golf's Grove Park Inn is still popular after 100 yearsThe Omni Grove Park Inn has been around for quite some time.

Persons: —, it's, I've, David Madison, Alister MacKenzie, Robert Trent Jones, Evan Schiller, Tom Weiskopf, Tom Doak, David McLay Kidd, Gamble, Kidd, Chris Coduto, Jack Nicklaus, Donald Ross, Barack Obama, Scott Fitzgerald, Tom Weiskopf's Cabo Organizations: Point, Spyglass, Omni, Service, California Cypress Point, Getty, University of Michigan, Getty Images, North, Cabo del Sol Locations: California, Cabo, Sol, Pebble Beach, California Cypress, Cypress, Pebble Beach , California, Spyglass, Cypress Point, Carmel, Michigan, Roscommon , Michigan, Bandon, Oregon, Brewster , Washington, Columbia, Scottsdale, Arizona, Getty Images Scottsdale , Arizona, Omni Grove, Grove, Carolinas, North Carolina, Pinehurst, Asheville, Mexico, Tom Weiskopf's Cabo del Sol, Cabos, Cortez

☆ Popular Restaurants Can Get Killed by a Michelin Star, Food Awards
▼ + stars: | 2024-10-23 | by ( Emily Stewart | ) www.businessinsider.com time to read: +9 min

He then looked at the diverging fortunes of those restaurants that went on to receive a Michelin star — a signifier of excellence in the industry. By 2019, Sands found that restaurants given a Michelin star were more likely to shutter. The publicity created around an award such as a Michelin star drives interest. But he pointed out that even if they ultimately failed, the Michelin restaurants that closed in Sands' research generally had a pretty good run. In many ways, "what to do about growth" is a classic question in any business, including restaurants and hospitality.

Persons: Daniel Sands, Sands, Darren Tristano, Joe Carroll, Anselm, haven't, Carroll doesn't, Danny Meyer, Ryan Sutton, It's, John Gordon, Carroll, Semilla, Emily Stewart Organizations: University College London's School of Management, Michelin, The New York Times, New York Times, New, Square, LO Times, Business Locations: York, New York, Brooklyn, Sands, San Diego, , New York, Philadelphia, Manhattan

☆ Ron Ely, TV’s ‘Tarzan’ in the 1960s, dead at 86
▼ + stars: | 2024-10-23 | by ( The Associated Press | ) edition.cnn.com time to read: +4 min

Los Angeles Associated Press —Ron Ely, the tall, musclebound actor who played the title character in the 1960s NBC series “Tarzan,” has died at age 86. While Ron Ely was not quite as well-known as Johnny Weismuller, the Olympic swimmer who played Tarzan in movies in the 1930s and 1940s, Ely helped form the image of the shirtless, loincloth-wearing character further immortalized by Disney. “He was an actor, writer, coach, mentor, family man and leader,” Kirsten Ely said in an Instagram post. Ron Ely, who was home during the stabbing, challenged the prosecutor’s report that his son’s shooting was justified. You do Tarzan and you are stamped for life’,” Ely told the Daily Express.

Persons: Ron Ely, ”, Ely’s, Kirsten Casale Ely, Johnny Weismuller, Ely, ” Kirsten Ely, Valerie Lundeen Ely, Santa Barbara, Cameron Ely, John Burris, “, that’s, Valerie, I, didn’t, Edgar Rice Burroughs, Mike Henry, ” Ely, Henry, ’, Doc Savage, Jake Sands, Kaitland Ely Organizations: Angeles Associated Press, NBC, Associated Press, Disney, Miss America, London’s Daily Express, Daily Express Locations: Los Alamos , California, Santa Barbara County, Santa, Miss Florida, American, Brazil, Beach, ”, Hereford , Texas, Amarillo

The Many Links Between Project 2025 and Trump’s WorldFormer president Donald J. Trump has repeatedly claimed that he had nothing to do with Project 2025, the Heritage Foundation’s conservative policy initiative to reshape the federal government. But Project 2025 has numerous ties to Mr. Trump and his campaign, a New York Times analysis has found. L. ZorcJump to the full list of authors, editors and contributorsSpokespeople for Project 2025 have denied that they are advocates for any particular candidate, and Project 2025 has no official ties to the Trump campaign. To limit the appearance of connection, Mr. Trump’s transition team has been excluding prominent people linked to Project 2025 from its preparations. Project 2025 additionally calls for the dismantling of the federal Education Department, which Mr. Trump has also pledged to do.

Persons: Donald J, Trump, Kevin D, Roberts, Edwin J, Trump’s, Albrecht Mark Albrecht, Anderson J, Anderson Jeff Anderson, Anton Michael Anton, Antoni A, Arthur Andrew Arthur, Atkins Paul Atkins, Axelrod Julie Axelrod, Bacon James Bacon, Baehr James Baehr, Baker E, Erik Baptist, Bennett J, Berlau, Berman Russell Berman, Bhagat S, Billy Stephen Billy, Bishop Brad Bishop, Bixby J, Blackman J, Jim, Bovard, Bowman Matt Bowman, Bradbury Steven G, Bradbury, Brashers J, Bronitsky Jonathan Bronitsky, Brosnan Kyle Brosnan, Brown R, Burkett Robert Burkett, Burley Michael Burley, J, Butcher, Mark Buzby, Byfield, Byrd David Byrd, Campau Anthony Campau, Carroll O, Cass B, Cavanaugh Brian J, Cavanaugh, Chretien Spencer Chretien, Christensen V, Coates Victoria Coates, Ellie Cohanim, Cohen Ezra Cohen, Colby Elbridge Colby, Comstock Earl Comstock, Correnti Lisa Correnti, Crowley Monica Crowley, Cunliffe Laura Cunliffe, Sergio de la, Ruyter, Del, Dennis Irv Dennis, DeVore J, Dickerson, Ding Michael Ding, Dodson, Dave Dorey, Eden T, Edgar Troy Edgar, Edlow Joseph Edlow, Ehlinger Jen Ehlinger, Ehrett, Eichamer Kristen Eichamer, Eitel Robert S, Estrada, Farkish Thompson, Feere Jon Feere, Fisher Travis Fisher, Fishman George Fishman, Ford Leslie Ford, Friedman Aharon Friedman, Frohnen J, Frushone Joel Frushone, Fulton Finch Fulton, Gabel Caleigh Gabel, Gaiser Alexandra Gaiser, Garza P, Geller, Gillen J, Gilmore James S, Gilmore, Ginn Vance Ginn, Alma Golden, Gore, D, Greenberg Dan Greenberg, Greenway, Greszler, DJ Gribbin, Grisedale Garrison Grisedale, Grogan Joseph Grogan, Guernsey J, Gunter Jeffrey Gunter, Guy Joe Guy, Guzman Joseph Guzman, Hanania, Harlow David Harlow, Harvey Derek Harvey, Hayes, Edie Heipel, Hemenway Troup, Hoekstra Pete Hoekstra, Hoffman T, Homan Tom Homan, Horner Chris Horner, Howell Mike Howell, Huber Valerie Huber, Hughes Andrew Hughes, Humire, Iacovella, Israel K, Ivory R, Jankowski Roman Jankowski, Jay Carafano James Jay Carafano, Jones, Kao J, Kelson Jared M, Kelson, Kilmartin Ali Kilmartin, Kirchner Julie Kirchner, Kish, Klukowski Kenneth A, Adam Korzeniewski, Bethany Kozma, Kozma Matthew Kozma, Krein, Kurtz, LaCerte David LaCerte, Larkin P, Lawrence Paul Lawrence, Lawrence III James R, Lawrence III, Legates David Legates, Lewis B, Lieberman J, Ligon John Ligon, Lim Evelyn Lim, Lorraine Viña Morgan Lorraine Viña, Loyola Mario Loyola, G, Malcolm J, Masterman, Matthews Earl Matthews, Mauler, McCall, McCotter Trent McCotter, Meadowcroft Micah Meadowcroft, Meese, Melugin, Mermoud, Miller, Mitchell K, Kevin E, C, Morell Clare Morell, Morgan Mark Morgan, Morgen Hunter Morgen, Morrison J, Moy, Murray R, Nabil M, Nasi L, Niemeyer Lucian Niemeyer, Nazak, Milan Nikolich, Nuebel, Kathy Nuebel Kovarik, Orr, Owcharenko Schaefer Nina Owcharenko Schaefer, O’Brien, Michael, Pedersen Leah Pedersen, Pillsbury Michael Pillsbury, Pizzella Patrick Pizzella, Porter K, Kevin Preskenis, Pryor Pam Pryor, Pyle J, Ratcliffe John Ratcliffe, Ray Paul Ray, Reddan J, Richards J, Richardson Jordan Richardson, Richwine Jason Richwine, Ries Lora Ries, Rios, Mark Robeck, Rockas James Rockas, Royce R, Rubinstein Reed Rubinstein, Ruger, Ruse, Sadler J, Sanders, Carla Sands, Sauve, Schaefer, Schuck Matt Schuck, Schwab Justin Schwab, Schweppe, Scribner, Selnick Darin Selnick, Sewell K, Sgamma, Sharp J, Shelton Judy Shelton, Simington Nathan Simington, Smith Loren Smith, Smith J, Spencer A, Spero Adrienne Spero, Spoehr, Onge C, Stanley Chris Stanley, Stannard Paula M, Stannard, Steiger William Steiger, Stein, Stephany Saunders, Stewart Corey Stewart, Stull Mari Stull, Sullivan Katharine T, Sullivan, Swearingen, Sweeney R, Swope Robert Swope, Szabo Aaron Szabo, Katy Talento, Tata Tony Tata, Thurman Todd Thurman, Tolman K, Tonnessen Kayla M, Trotter, Troy C, Tufts Clayton Tufts, Valdez, Mark Vandroff, Vaughan J, Venable, Vollmer, Wallace DeWitt C, Wallace DeWitt, Walsh E, Walsh Erin Walsh, Ward, Waters, William Salter M, Williams Michael Williams, Wolff J, Wolfson Jonathan Wolfson, Alexei Woltornist, Wuco Frank Wuco, Ybarra J, Zadrozny John Zadrozny, ”, John McEntee, James Bacon, Reagan, Howard Lutnick, Joseph R, Biden Jr, Dennis Dean Kirk, Kirk, Mr, “, JD Vance, Roberts’s, Kevin Roberts, Rick Dearborn, Russell T, Evan Vucci, Paul Dans, Dans, Ken Cuccinelli, Christopher Miller, Chip Somodevilla, Samuel Corum, The New York Times Christopher Miller, Biden, Miller’s, Skinner, Gene Hamilton, Hamilton, ” President Biden, Ben Carson, Todd Heisler, Jonathan Berry, Carson, Stephen Moore, Peter Navarro, Navarro, Karen Kerrigan, Ken Cedeno, Edwin Feulner, Robert Bowes Organizations: Heritage, New York Times, Mr, Leadership, Trump, Ivory, Loyola, Poole, Royce, Tufts, Heritage Foundation, The New, The New York Times, Washington Post, Associated Press, White, White House, Republican, Management, Defense , Homeland Security, State, Homeland Security Department, Defense Department, Twitter, State Department, Justice Department, ”, federal Education Department, Urban Development Department, Republican National Convention, Center for American Progress, Small Business Administration, Small Business, Entrepreneurship Council, Federal Communications Commission, Federal Trade Commission Locations: Guernsey, The New York, Palm Beach, Fla, Southern

☆ Here are the 5 things that could move the stock market in the week ahead
▼ + stars: | 2024-10-20 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Earnings drove the stock market higher — can they do it again in the week ahead? But he acknowledged that timing is key because our portfolio discipline mandates that we consider lightening up our stock exposure in an overbought market. In fact, AMD was our worst-performing stock for the entire week, losing more than 7% following the prior week's 1.8% slide. Energy was the worst sector of the week for the market as oil prices sank. In the week ahead, housing numbers are the main draw on the economic front.

Persons: Jim Cramer, ASML, Morgan Stanley, WTI, industrials, We're, Sartorius, Danaher, we're, Stanley Black, Lockheed Martin, Philip Morris, Clark, Baker Hughes, Lam, DOV, CARR, Davidson, Northrop, Edwards Lifesciences, Jim Cramer's, Jim, Stocks, Tuesday's, Spencer Platt Organizations: Dow, Nasdaq, Netflix, Modelo, Corona, Constellation Brands, Taiwan Semiconductor Manufacturing Company, Nvidia, AMD, Broadcom, Club, Abbott Laboratories, Energy, Texas, Honeywell, Danaher, Federal Reserve, Treasury, SAP, Logitech, Verizon, General Motors, GE Aerospace, GE, Lockheed, Quest Diagnostics, Norfolk Southern, Polaris, Seagate Technology, Texas Instruments, Canadian National Railway Company, Boeing, GE Vernova, Fisher, Boston, General Dynamics, Hilton, Lam Research, Business Machines, IBM, Newmont, Viking Therapeutics, Vista Energy, Mattel, O'Reilly Automotive, Whirlpool, American Airlines, United Parcel Service, Southwest Airlines, Tractor Supply Company, Carrier Global, Dow Chemical, DOW, Harley, Union Pacific, Valero Energy, Hasbro, Northrop Grumman, Ryder, Boyd Gaming, Western, Boston Beer Company, York Community Bancorp, Colgate, Palmolive, Newell Brands, Jim Cramer's Charitable, CNBC, NEW, Traders, New York Stock Exchange, Getty Locations: BlackRock, CrowdStrike, U.S, Dover, Freeport, McMoRan, Kimberly, Norfolk, Las, ORLY, VALE, New York City

Most of the fake electors and election deniers did not respond to CNN’s request for comment. MichiganOut of the seven states Trump targeted in 2020, Michigan’s slate of Republican electors for 2024 has – by far – the largest share of election deniers and 2020 fake electors. Five of the 2020 fake electors from the state were tapped to serve as 2024 electors. Thanks to this hedged language, the 2020 fake electors in Pennsylvania weren’t charged. WisconsinTo settle a civil lawsuit brought by Wisconsin’s real 2020 Democratic electors, the state’s fake GOP electors from 2020 agreed to stay out of the 2024 election process.

Persons: Donald Trump’s, Joe Biden’s, Trump, “, ”, Lindsey Miller, Mike Pence, Pence, Kamala Harris, Pete Hoekstra, Meshawn Maddock, Marian Sheridan, John Haggard, Timothy King, Amy Facchinello, Hank Choate, Donald Trump, Ryan Garza, Dana Nessel, Jim Tokarski, ” Linda Glisman, ” Andrew Sebolt, Bill Bachenberg, Carla Sands, wasn’t, Fred Keller, Samuel “ Jim ” Worthington, doesn’t, Biden, Michael McDonald, Jesse Law, John Locher, Bruce Parks, Parks, Biden’s, ” Parks, Caroline Jeffords “, Salleigh Grubbs, Suzi Voyles, Voyles, Josh McKoon, Laurie McClain, Loch, ” McClain, Wisconsin’s, Jeff Mandell, Angie Sapik, Nam, Sapik, Debbie Maestas, General Raúl Torrez, Gina Swoboda, Swoboda, ” CNN’s Ethan Cohen, Jason Morris, Scott Glover, Veronica Stracqualursi Organizations: CNN, Trump, Republican Party, Democracy, Republicans, Electoral, Justice Department, Michigan GOP, Capitol, Detroit Free Press, USA, Michigan, Democrat, Detroit News, statehouse, National Rifle Association, Democratic, Nevada GOP, Clark County GOP, Las, Las Vegas . Nevada GOP, Washoe GOP, Washington Post, Fulton, Cobb County GOP, Georgia Republican Party, NPR, Georgia Republican, Gwinnett County GOP, Georgia Republicans, GOP, Patriots, Wisconsin Watch, Wisconsin Center, Wisconsin Republicans, Facebook, New, New Mexico GOP, Republican National Convention, Prosecutors, Foundation Locations: Pennsylvania, Michigan, Wolverine, Michigan’s, Lansing, Denmark, Nevada, Clark County, Las Vegas . Nevada, Las Vegas, Washoe County, Washoe, Georgia, Fulton County, Cobb County, Gwinnett County, Wisconsin, China, Milwaukee, Madison, New Mexico New Mexico, New Mexico, Mexico, Arizona, Trump

☆ Wealthy jet setters are flocking to these unexpected countries, travel agents say
▼ + stars: | 2024-10-11 | by ( Brittany Chang | ) www.businessinsider.com time to read: +8 min

Wealthy travelers are vacationing at a mix of traditional and emerging destinations. The Asian countries wealthy travelers are increasingly visitingLuxury travel companies are expecting more travelers to visit Thailand following the premiere of "The White Lotus" season three, shot at Four Seasons Resort Koh Samui. Ken SeetAccording to Virtuoso, bookings for summer trips to Thailand were up 95% from 2023 to 2024. According to Virtuoso, summer bookings for the central European country were up 24%. More wealthy travelers are heading to Porto, Portugal proslgn/ShutterstockOr, for a greener, chillier getaway, head to the United Kingdom and Ireland.

Persons: —, What's, Ken Seet, Belles, Peter Zelei, Melissa Krueger, Quintessentially, Kelly Grumbach, Brian Kennedy, George Rose, Lucia, Virtuoso, Jim Krane, Barthélemy, Barts, Hurricane Irma, Grumbach, Saint Barthélemy, Holger Leue, Aman Organizations: Service, globetrotters, Eiffel, Belles, Ireland, Banff National Park, St, AP Locations: Rome, Paris, Thailand, Slovenia, United Kingdom, London, France, China, Canada, New York, Europe, Japan, Khao Villas Phuket, Maui, Hawaii, Taormina, Italy, Florence, Tuscany, Portugal, Lisbon, Porto, Ireland, Scotland, Banff, Lake Louise, Columbia, Dominican Republic, Hurricane, Saint, Caribbean, Anguilla

☆ Wells Fargo's trade ideas for the fourth quarter - including shorting Tesla
▼ + stars: | 2024-10-09 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

One of several Wells Fargo top trading ideas for the fourth quarter of 2024 is shorting Elon Musk's electric vehicle company, Tesla . One of Wells Fargo's top recommendations is to short Tesla , betting that the stock will fall. These dynamics, alongside improved earnings momentum, could make Las Vegas Sands an "idiosyncratic, self-help story plus a Macau/China macro play." LVS YTD mountain Las Vegas Sands stock. Wells analyst Elyse Greenspan expects improving organic revenue growth, free cash flow conversion and expanding profit margins will drive the stock higher.

Persons: shorting Elon, Wells, Colin Langan's, Langan, bady, Dan Politzer, Politzer, Willis Towers Watson, Watson, Elyse Greenspan, Willis Organizations: Wells Fargo, U.S, Presidential, Amazon, Micro, Sands, Vegas Sands Locations: Wells, Macao, Macau, China, Vegas

☆ Stocks making the biggest moves premarket: DocuSign, Wynn Resorts, Nvidia and more
▼ + stars: | 2024-10-08 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

China stocks – U.S.-listed shares of Chinese companies fell after China's state planner Zheng Shanjie failed to announce any new economic stimulus plans . Online video company Bilibili tumbled more than 13%, while automaker Nio and Temu parent PDD each fell more than 9%. E-commerce companies JD.com and Alibaba also fell nearly 9% and 7%, respectively. Wells Fargo – The bank rose more than 1% after Wolfe Research upgraded the lender to outperform from peer perform. Humana – Shares rose nearly 1% after Bernstein upgraded the health insurer to outperform from market perform.

Persons: Zheng Shanjie, Bilibili, Nio, Alibaba, Young Liu's, Liu, Wells, Bernstein, Oppenheimer, LSEG, —, Jesse Pound, Brian Evans, Michelle Fox Theobald Organizations: U.S, Wynn Resorts, China, MDU Resources, Nvidia, Blackwell, Wolfe Research, Microsoft –, PepsiCo –, Gatorade, Frito, PepsiCo Locations: China, Las, Macau, Wells

☆ Stocks making the biggest moves midday: Nvidia, DocuSign, Alibaba, Las Vegas Sands and more
▼ + stars: | 2024-10-08 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

China stocks – U.S.-listed shares of Chinese companies fell after Beijing's economic planning agency failed to announce any new major stimulus plans . Online video company Bilibili fell 13%, while automaker Nio and Temu parent PDD tumbled about 6% each. Humana — Shares jumped 2.8% after Bernstein upgraded the beaten-down health insurance company to outperform, even though it substantially decreased its price target. Roblox — Shares fell 4% after Hindenburg Research disclosed a short position on the gaming platform, alleging the company inflated metrics. BTIG upgraded Affirm to buy , with analyst Vincent Caintic lauding the company's growth compared to traditional payment companies like American Express.

Persons: Bilibili, Nio, Young Liu, Blackwell, Bernstein, Roblox, David Byrnes, Byrnes, Jefferies, there's, BTIG, Vincent Caintic, CNBC's Michelle Fox, Hakyung Kim, Pia Singh, Sean Conlon, Alex Harring Organizations: U.S, Vegas Sands, Wynn Resorts, MDU Resources, Super, Nvidia, CNBC, Hindenburg Research, Waters, Jefferies, American Locations: China, Vegas, Macau

☆ Investors slam the brakes on the hottest trade going in the market
▼ + stars: | 2024-10-08 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

But he did not announce any major new plans for ensuring economic health, leaving investors feeling underwhelmed. The iShares MSCI China ETF (MCHI) sank nearly 11%, on track for its worst day ever. The iShares China Large-Cap ETF, for example, soared 33% between Sept. 23 and Oct. 7. Morgan Stanley strategist Laura Wang on Tuesday revised price targets for the major Chinese stock market indexes, suggesting no room for further gains compared with current levels. "Today's press conference at least in the near term reinforces such belief, in our view, and the stock market could see more divergence at individual stock level."

Persons: Zheng Shanjie, Bilibili, Nio, Ray Dalio, FXI, Jeff deGraaf, David Tepper, Morgan Stanley, Laura Wang, Wang, Merrill Lynch, Helen Qiao, Xiangrong Yu, Yu Organizations: National, Reform Commission, CSI China Internet, Billionaire, Bridgewater Associates, Greenwich Economic, Appaloosa Management, U.S . Federal Reserve, Wynn Resorts, Sands, Macau — Locations: China, Greenwich, Greenwich , Connecticut, Beijing, Macau, Tuesday's, U.S

Jabaliya Gaza City Gaza Strip Israel Mediterranean Sea Khan Younis Egypt Jabaliya Gaza City Gaza Strip Israel Mediterranean Sea Khan Younis Egypt Jabaliya Gaza City Gaza Strip Mediterranean Sea Israel Khan Younis EgyptGaza in Ruins After a Year of War Much of Gaza has been destroyed by Israel’s relentless military campaign. Sea Gaza Strip Israel Egypt Gaza City 74% of buildings have been likely damaged or destroyed. Gaza City, the strip’s capital, is home to the ancient Old City, as well as Al-Rimal, a once-vibrant, upper-middle-class neighborhood. Omar Al-Mukhtar Street, Gaza City Before Fouad Abu JasserThe park was a gathering place for rallies and protests. Omar Al-Mukhtar Street, Gaza City After AFPNot far away, the Rashaad Shawa center, which housed the oldest library in the Gaza Strip, has been severely damaged.

Persons: Khan, Khan Younis, Israel Egypt Khan Younis, Abu Kayan, Mamdouh Aljbour, ”, Ahmed Abu, Bilal Shbair, Belal Barbakh, Barbakh, Hamada, Sisters Asan, Elan, Abdulraouf Barbakh, “, Barbakh’s, Jamal Subuh’s, Subuh, Jamal, Jamal Subuh, nourishing Gazans, Dina, Reuters Ahmed Abu Sultan, Mr, Abu Sultan, —, Omari, Omar Al, Mukhtar, Riyad Al, Masri, Al, Rimal, Gazans, Fouad Abu Jasser, Shawerma Al, Sheikh Omar Al, wasn’t, Ahmed Emqat, Ihsan Abdo, Husam Skeek, Jabaliya, Nahed Al, Fatima Hussein, Ahmed Jawda, Assali, Jawda Organizations: Hamas, Cream, Citadel, Sisters, Facebook, Agricultural Organization, Byzantine, Reuters, Reuters Al, AFP, Palestine, Med, Israel Egypt Jabaliya, AFP Al, Times, Bank, Gazans Locations: Israel, Gaza, Egypt, Khan Younis Egypt Gaza, New York City, Gaza City, Med, Israel Egypt, Khan, Facebook, Farra, Jamal, Israel Egypt Gaza, Old City, Gaza . Old City, Omari, Al, Aqsa, Jerusalem, Riyad, Palestine, Gazans, Jabaliya, Jabaliya’s Al

☆ Ex-Virginia officer who killed shoplifting suspect acquitted of manslaughter, guilty of firearm charge
▼ + stars: | 2024-10-04 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +4 min

FAIRFAX, Va. — A jury on Friday acquitted a former police officer in Virginia of involuntary manslaughter after he fatally shot a shoplifting suspect outside a busy shopping mall. But the jury did convict the former police sergeant, Wesley Shifflett, of reckless handling of a firearm in connection with the shooting. After the shots were fired, Shifflett immediately yelled “stop reaching” and told other officers that he saw Johnson reaching in his waistband. During cross-examination, Sands asked Shifflett about shooting Johnson before commanding that the victim “stop reaching.”“My motor functions were operating more quickly than I could verbalize,” Shifflett said. The special grand jury returned indictments on charges including involuntary manslaughter and reckless handling of a firearm.

Persons: Wesley Shifflett, Shifflett, Timothy McCree Johnson, Johnson, ”, Jenna Sands, “, Sands, ” Shifflett, Johnson’s, I’m, Kevin Davis, Davis, ” Davis, ” Prosecutors, Steve Descano Organizations: Prosecutors, Fairfax County Police, Tysons, Police, ”, Shifflett Locations: FAIRFAX, Va, —, Virginia, ”, Fairfax, Fairfax County

☆ China play Las Vegas Sands is one of the most overbought names on Wall Street. Here are the others
▼ + stars: | 2024-10-04 | by ( Lisa Kailai Han | Kavitha Shastry | ) www.cnbc.com time to read: +3 min

China stocks have been on an upward tear since then, with the mainland's CSI 300 index rallying over 25% to rise nine days in a row. Shares of Wynn Resorts and Las Vegas Sands have respectively gained nearly 8% and more than 2% this week. Stocks with a 14-day relative strength index reading, or RSI, above 70 are considered to be overbought. The stock has an RSI reading of 82. Fellow China play Wynn Resorts also has a high RSI reading of 86.

Persons: Robin Farley, Vistra, Angie Storozynski, Humana, Stephens, Paul Lejuez, WMT Organizations: People's Bank of China, CSI, Wynn Resorts, CNBC Pro, UBS, China, Seaport Research Partners, Humana, Dollar, Citi, Walmart, omni Locations: China, U.S, Macau

☆ Anduril's Palmer Luckey slammed restrictions on AI use in the military
▼ + stars: | 2024-10-02 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +4 min

In a college talk, Palmer Luckey criticized AI restrictions in military use. Luckey, founder of Anduril Industries, warned of adversaries like Russia and China using AI. In a Tuesday talk at Pepperdine University, Palmer Luckey, the founder of Anduril Industries, said he fears that AI will be used by "evil people," while Western powers are being coerced into not using AI. He added that Iran is going to have access to great AI in the future, and that China already has great AI. During Tuesday's talk, Luckey said that all of Anduril's tech operates autonomously and runs on its AI platform, called Lattice.

Persons: Palmer Luckey, —, Luckey, Anduril, Alex Karp, Karp, we're, Brian Schimpf Organizations: Anduril Industries, Service, Pepperdine University, United Nations, VR, Meta, of Defense, Department of Homeland Security, Special, Command, Founders Fund, Sands Capital, New York Times Locations: Russia, China, Ukraine, United, Iran, Europe, West, Israel, Palantir

☆ Final Trades: Exxon, Chemed, Las Vegas Sands and the IEO
▼ + stars: | 2024-10-01 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trades: Exxon, Chemed, Las Vegas Sands and the IEOThe Investment Committee give you their top stocks to watch for the second half.

Organizations: Exxon, Las Vegas Sands, Investment Locations: Chemed, Las Vegas

☆ Buy US-listed casino and copper stocks to capitalize on China stimulus, research firm says
▼ + stars: | 2024-10-01 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +4 min

US-listed gaming and copper stocks have outperformed since China's stimulus blitz, Trivariate Research says. "We have concluded the intervention is incrementally bullish for US equities," CEO Adam Parker wrote. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementGaming and copper stocks listed in the US have outperformed since China unleashed a blitz of stimulus, and one research firm is recommending investors consider buying. Parker says historically, not all China stimulus measures have impacted US equities, especially when they coincide with other market moving events in the US.

Persons: Adam Parker, —, Trivariate Research's, Parker, Trivariate, that's Organizations: Trivariate, Sands, Service, CNBC, US, Wynn Resorts, Melco Resorts & Entertainment, CSI Locations: Freeport, McMoran, Las, China, Monday's, McMoRan, Macau

☆ These U.S. stocks do the best during periods when China stimulates its economy, according to Trivariate Research
▼ + stars: | 2024-09-30 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Trivariate Research is laying out some U.S. companies that could win big in China's latest stimulus deal. Last week, China's central bank released a raft of support measures to help stimulate economic growth and boost a struggling real estate market in the second-largest economy in the world. "We see the China stimulus as an incremental positive to risk-taking," wrote Trivariate founder Adam Parker in a note to clients. Trivariate is not the only firm that views commodity stocks as potential beneficiaries, with Morgan Stanley recently naming Freeport in its shopping list for commodity stocks. Gaming stocks could also win big with China's stimulus deal.

Persons: Adam Parker, Parker, Trivariate, Morgan Stanley, Estée Lauder, MicroStrategy Organizations: Capri Holdings Locations: China, Freeport, Sands, Capri

☆ I visited a century-old New York mansion that was modeled after a medieval French castle. Take a closer look.
▼ + stars: | 2024-09-28 | by ( Gabbi Shaw | ) www.businessinsider.com time to read: +2 min

Falaise is one of three 100-year-old mansions open to tour at Sands Point Preserve on Long Island. Falaise was built by Harry Guggenheim in 1923 and was modeled on a 13th-century French manor. Inside Sands Point, there are four mansions. In September, I visited Sands Point to see Falaise, the most mysterious of the three — tours are only available on weekends and you can only get there via Sands Point's transportation. Here's what it was like to visit Harry Guggenheim's summer home.

Persons: Harry Guggenheim, Guggenheim, —, Scott Fitzgerald's, Nick, Gatsby, Jordan, Daisy, Gould, Harry Guggenheim's Organizations: Service, Guggenheim, Hempstead House Locations: Falaise, Sands, Long, Nassau County, Shore, West Egg, Sands Point, Hempstead, Mille Fleurs

☆ SpaceX launches half-empty spaceship so it can bring Boeing's astronaut crew home next year
▼ + stars: | 2024-09-28 | by ( Morgan Mcfall-Johnsen | Lauren Edmonds | ) www.businessinsider.com time to read: +8 min

SpaceX launched a half-empty Crew Dragon for two Boeing astronauts awaiting a trip home. AdvertisementSpaceX just launched a half-empty Crew Dragon spaceship into orbit for two astronauts who have been waiting for a trip home. Normally, Crew Dragon carries four astronauts to space at a time, but for the launch on Saturday, only two were aboard. Boeing's Starliner spacecraft docked to the International Space Station, as seen from a window on a SpaceX Crew Dragon. Astronauts left behindMeanwhile, two NASA astronauts who were supposed to be part of the Crew-9 mission had to stay behind.

Persons: —, Dragon, It's, Nick Hague, Aleksandr Gorbunov, Butch Wilmore, Suni Williams, Williams, Wilmore, Starliner, NASA Wilmore, NASA What's, Elon Musk, bTXWAfxfrh — Elon, uncrewed, Steve Stich, we'd, " Stich, Zena Cardman, Stephanie Wilson, Cardman, NASA's, Wilson, Hague Organizations: SpaceX, Boeing, NASA, Service, International, ISS, Starliner, Astronauts, Hague Locations: New Mexico, SpaceNews, Gorbunov

☆ Hedge fund billionaire David Tepper says he's loading up on Chinese stocks after the nation's stimulus bazooka
▼ + stars: | 2024-09-26 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

David Tepper is growing even more bullish on Chinese stocks amid the nation's new fiscal stimulus measures. Tepper views China's stock market as more attractive than the US stock market due to valuation differences. AdvertisementIt's a buy "everything" moment for Chinese stocks after the country launched a fiscal stimulus bazooka this week, according to billionaire investor David Tepper. But Tepper believes Chinese stocks have plenty of room to run higher, even after the recent surges. On US markets, Tepper said he is not following his buy "everything" mantra with Chinese stocks and is being more selective in buying US stocks.

Persons: David Tepper, Tepper, —, Pan Gongsheng, Donald Trump, he's Organizations: Service, CNBC, Fed, Federal, People's Bank of China, PDD Holdings, Tencent Holdings, Management, Wynn Resorts, Vegas Sands, Baidu, China Internet Locations: China, Vegas

☆ David Tepper's big bet after the Fed rate cut was to buy 'everything' related to China
▼ + stars: | 2024-09-26 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Billionaire hedge fund founder David Tepper said his big bet after the Federal Reserve's rate cut was to buy Chinese stocks. "We got a little bit longer, more Chinese stocks," Tepper continued. FXI 1D mountain iShares China Large-Cap ETF The iShares China Large-Cap ETF (FXI) rallied more than 6% following Tepper's comments, extending its gains from a winning session for Chinese and Hong Kong stocks. Tepper also noted the Chinese market is cheaper than U.S. equities. To be sure, rising geopolitical concerns including further tariffs between the U.S. and China have spooked many investors away from the China market.

Persons: David Tepper, Tepper, CNBC's, Xi Jinping Organizations: Fed, Appaloosa Management, Baidu, Wynn Resorts, U.S Locations: China, U.S, Hong Kong, Sands

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