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So I thought, ‘Let me see if I can go to the Athens Olympics. An unexpected opportunityOmaira got to watch the final dress rehearsal of the opening ceremony of the Athens 2004 Olympic Games on August 13, 2004. And then Omaira was off to work at the shooting center, where the Games’ shooting events were held. But while Omaira was cultivating a pretty heady crush, Dimitris didn’t really have time to engage with his potential feelings. Omaira GillThis year marks 20 years since Omaira and Dimitris crossed paths at the Athens Olympics.
Persons: CNN — Omaira Gill, ” Omaira, ‘ I’m, , , Omaira, ’ ”, … ’, , , Omaira didn’t, “ I’d, David Gray MD, she’d, ’ Omaira Gill, Dimitris Athanasiou, Dimitris, , they’re, ” Dimitris, ” Dimitris ’, hadn’t, Dimitris who’d, he’d, Dimtiris, Dimitris didn’t, Dimitris quizzed, “ Will, She’d, I’m, … ’ ”, couldn’t, didn’t, “ You’ve, Dimitris ’, that’s, we’d, Omaira Gill, Paulo Coelho, “ Omaira, ” Here's Dimitris, Omaira Gill Omaira, Hermes, Dimitiris, Hector, Orion, they’ll, “ Hermes, We’re, Dimitris – Organizations: CNN, Olympic, CNN Travel, Athens, , ‘ Volunteers, Uni, Reuters, Olympics, Olympic Games, Paralympic, MSN, Omaira, , Athens Olympics, Stade de France, Disneyland Locations: Athens, Greece, Birmingham, United Kingdom, London, inbox, Omaira, Pakistan, India, Paris, Disneyland Paris, Europe
ET Aurelien BreedenJohn Yoon andService on three high-speed train lines in France was disrupted on Friday because of arson attacks, the national railway company said, causing travel chaos on the day of the Opening Ceremony of the Olympics in Paris. “A massive attack took place last night to paralyze the high-speed rail network,” the railway company, S.N.C.F., said in a statement. Traffic was “severely disrupted” on three lines where fires had been set: the Atlantic, Northern and Eastern lines, the company said, and many trains had been canceled. The mood was already tense in Paris, where security has been tightening for weeks ahead of Friday night’s Opening Ceremony. The company said that another attack had been thwarted on the line that connects Paris to southeastern France.
Persons: Yoon, Patrice Vergriete Organizations: Olympic, Firefighters Locations: France, Paris, Northern, Arras, Lille, Courtalain
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Elevation Partners co-founder Roger McNameeRoger McNamee, Elevation Partners co-founder, joins 'Squawk on the Street' to discuss remarks from Assistant Attorney General for Justice Department’s antitrust division Johnathon Kanter, the upcoming presidential election, and more.
Persons: Roger McNamee Roger McNamee, Johnathon Kanter Organizations: Partners, Justice
Dexcom — Shares plummeted more than 40% after the medical device maker missed expectations for second-quarter revenue and offered weak full-year guidance for the measure. That exceeded analysts' expectations for earnings of $3.48 per share on revenue of $808 million, per LSEG. Norfolk Southern — Shares of the railroad operator gained 10% after a second-quarter earnings beat. Texas Roadhouse — The restaurant chain climbed 4.4% after second-quarter earnings topped expectations. Texas Roadhouse earned $1.79 per share, above the $1.64 per share estimate from analysts surveyed by LSEG.
Persons: Dexcom, Coursera, Newell Brands, Newell, Boston Beer, LSEG, Mohawk, Bristol Myers Squibb, Morgan Stanley, FactSet, amortization, Bitcoin, Alexander, Baldwin —, Alexander & Baldwin, Piper Sandler, Guggenheim, Sweetgreen —, Oppenheimer, Stifel, Yun Li, Pia Singh, Sean Conlon, Jesse Pound, Hakyung Kim, Lisa Kailai Han Organizations: LSEG, Newell, Yankee, Wall, Boston Beer, Boston, Mohawk Industries, Bristol Myers Squibb, Bristol, Revenue, Norfolk Southern, Norfolk, Charter Communications, Southwest Airlines, Deutsche Bank, Southwest, Redburn, FactSet, FTAI Aviation, Texas, Texas Roadhouse, LSEG . Revenue, Colgate, Palmolive Locations: Norfolk
Any commentary on initial interest in Apple Intelligence will determine where shares go next. As of Wednesday, Apple stock gained about 13% year to date — just shy of the S & P 500 's 2024 performance. The bull/bear debate on Apple depends on whether the benefits of Apple Intelligence are "priced in" at current levels. Yes, the iPhone will be the greatest, most direct way for Apple to realize financial benefits from Apple Intelligence in the near term. Apple will announce plans to incorporate artificial intelligence (AI) into Apple software and hardware.
Persons: There's, Jim Cramer's, Jim Cramer, Jim, Tim Cook, Justin Sullivan Organizations: Apple, Big Tech, Developers, Apple Intelligence, Barclays, JPMorgan, CNBC, Apple Worldwide Developers Locations: what's, geolocation, Cupertino , California
Several companies appear oversold this week and could be due for a rebound after a wild week on Wall Street. Stocks with a 14-day RSI reading below 30 often indicate that it's oversold, with a potential rebound possible ahead for the company's shares. Here are some of the most oversold names: Dexcom is the most oversold stock of the list, with a 14-day RSI of 11.6%. Wells Fargo recently reiterated its overweight rating on Disney and its $136 price target, which implies shares could gain 52.4%. That's driven the stock's RSI to more than 81.
Persons: , Walt Disney, Wells Fargo, we're, Steven Cahall, Wall, Sara Senatore, Senatore, FactSet, LSEG, Myers Squibb, Northrop Organizations: Nasdaq, CNBC, Stock, Entertainment, Walt, Disney, DIS, Media, " Bank of America, Mohawk Industries, RSI, Northrop Grumman, Citizens Financial Group Locations: Bristol
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDOJ's Kanter: we are thinking about AI competition from chips to the end userJonathan Kanter, Assistant Attorney General for Justice Department’s Antitrust Division, joins 'Squawk on the Street' to discuss antitrust issues within the AI sector, the lack of competitors to Nvidia, and more.
Persons: DOJ's Kanter, Jonathan Kanter Organizations: Justice Department’s Antitrust, Nvidia
Some states are particularly vulnerable to climate risks, but these ten states are most ready for what Mother Nature has in store. 2024 Infrastructure Score: 276 out of 425 points (Top States Grade: A+) Climate Extremes Index: 14.9% Properties at risk: 96% Renewable energy: 24% 8. 2024 Infrastructure Score: 189 out of 425 points (Top States Grade: C-) Climate Extremes Index: 22.12% Properties at risk: 34% Renewable Energy: 77% 2. While a large percentage of Idaho properties are susceptible to climate risk, the danger of flooding is relatively minimal. 2024 Infrastructure Score: 195 out of 425 points (Top States Grade: C) Climate Extremes Index: 16.54% Properties at Risk: 90% Renewable Energy: 78% 1.
Persons: Jeremy Porter, Pete Buttigieg, Maria Lehman, Nature, Marli Miller, Justin Sullivan, Wolfgang Kaehler, Matt McClain, Randy Olson, Forester John Erixson, Kirby Lee, Jared Polis, Mario Tama, Rushmore, Idaho Neil Lincoln, Brownlee, Robert Gauthier, William, Marcia Lee, David Becker Organizations: First Street Foundation, Infrastructure Law, Transportation, CNBC, American Society of Civil Engineers, First, Atmospheric Administration, U.S . Department of Energy, Oregon Solar, UCG, Getty, Oregon Department of Energy, Washington, Cedar, Bio Energy Washington, Lightrocket, Washington Department of Commerce, Clean Energy Fund, New, Washington Post, Energy, Nebraska, Nebraska Forest, Colorado, University of Colorado, California, Energy Department, Dakota, Idaho Power, Los Angeles Times, Idaho Locations: Louisiana, States, Oregon, Valley , Oregon, Arizona, Phoenix , Arizona, Maricopa County, Phoenix, King, King County , Washington, United States, New Mexico, Mora , NM, Nebraska, Loup, Taylor , Nebraska, Boulder , Colorado, Palm Springs , California, California, Texas, South Dakota, Cavan, Iowa, Idaho, Nevada, Las Vegas
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNorfolk Southern CEO on earnings guidance and East Palestine settlementAlan Shaw, Norfolk Southern CEO, joins 'Squawk on the Street' to discuss earnings, the aftermath of the East Palestine cleanup, and more.
Persons: Alan Shaw Organizations: Norfolk Southern Locations: East Palestine
Asia-Pacific markets were mixed on Friday after Thursday's sell-off saw some indexes in the region hit their lowest level in months. "There's a changing of the guard happening on Wall Street. In Asia, traders assessed July inflation data out of Japan's capital city of Tokyo, which is widely considered a leading indicator of nationwide trends. Tokyo's headline inflation slowed slightly to 2.2% in July from 2.3% in May, while its core inflation rate — which strips out prices of fresh food — remained unchanged at 2.2%, in line with expectations. The so called "core-core" inflation rate, which strips out prices of fresh food and energy and is watched by the Bank of Japan, fell to 1.5% from 1.8%.
Persons: Thursday's, Adam Sarhan Organizations: Nasdaq, Dow Jones, Investments, Bank of Japan, greenback Locations: Asia, Pacific, Tokyo
Let the Pros Play With the ‘Trump (or Harris) Trade’
  + stars: | 2024-07-26 | by ( Jeff Sommer | ) www.nytimes.com   time to read: +1 min
“Sell in May and go away,” is an old Wall Street adage. I first heard about it from my father, a New York businessman, on a hot afternoon back in the last century. “The Trump trade” is what financial strategies associated with the shifting fortunes of the former president are being called. Such market bets have been connected by Wall Street analysts to movements in the prices of gun, prison and fossil-fuel energy stocks. And the Trump trade has also been attributed to small moves in bond yields and in expectations of changes in transactions, from mergers and acquisitions to the exchange rate of the dollar.
Persons: , , Trump Organizations: Hamptons, Ford, Labor, Trump, Wall Street Locations: New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Pro Talks: Frank Cappelleri on charting stocks for successCNBC Pro Talks features one-on-one interviews with Wall Street's top investors, smartest traders and rising stars. CNBC's Dominic Chu finds out what makes them tick, what makes them money, and how you can follow in their footsteps.
Persons: Frank Cappelleri, Wall, CNBC's Dominic Chu Organizations: CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Colossal amount' of capital in AI signals it may be the wrong architecture, says Robert McNameeRoger McNamee, Elevation Partners co-founder, joins 'Squawk on the Street' to discuss his take on the CNBC interview with Assistant Attorney General for Justice Department’s Antitrust Division Johnathan Kanter and his outlook on generative AI.
Persons: Robert McNamee Roger McNamee, Johnathan Kanter Organizations: Partners, CNBC, Justice Department’s Antitrust
Vice President Kamala Harris has forsworn direct donations from lobbyists, but they are welcoming her candidacy and finding other ways to support it. In the days since President Biden dropped his re-election campaign and Ms. Harris moved swiftly to lock up the Democratic Party’s nomination, Washington’s influence industry has quietly jockeyed to position itself with her team. They have briefed clients about her policy positions, the composition of her inner circle and the pool of possible running mates. Some lobbying firms have highlighted their connections to Ms. Harris, drawing the ire of allies seeking to avoid the perception that she is beholden to special interests. “Human nature is such that anybody that ever walked past somebody on the street would try to capitalize,” said former Senator Doug Jones, an Alabama Democrat who is close to Ms. Harris.
Persons: Kamala Harris, Biden, Harris, , Doug Jones, Organizations: Democratic, Alabama Democrat Locations: Alabama
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStill premature to talk about a dramatic amount of rate cuts coming, says Apollo's Torsten SlokTorsten Slok, Apollo Global Management chief economist, joins 'Squawk on the Street' to discuss the June's PCE inflation data, impact on the Fed's inflation fight, state of the economy, rate path outlook, and more.
Persons: Apollo's Torsten Slok Torsten Slok Organizations: Apollo Global Management
Will These Sensational Skateboarding Tricks Win Japan Olympic Gold? Tokyo Olympics results If scored with the new format Total ATHLETE ATHLETE Total Yuto Horigome Japan Kelvin Hoefler Brazil Kelvin Hoefler Brazil Jagger Eaton U.S. Yuto Horigome Japan Jagger Eaton U.S. Tokyo Olympics results Yuto Horigome Kelvin Hoefler Jagger Eaton Japan Brazil U.S. NYJAH HUSTON UNITED STATES Yuto Horigome JAPAN Rome 2022 5 START Huston landed 13 tricks while Horigome only did 7. NYJAH HUSTON UNITED STATES Yuto Horigome JAPAN Rome 2022 Huston landed 13 tricks while Horigome only did 7. NYJAH HUSTON UNITED STATES Yuto Horigome JAPAN Rome 2022 5 START Huston landed 13 tricks while Horigome only did 7.
Persons: , fluidly, won’t, Sora Shirai’s, Steve Caballero, Jason Rothmeyer, ” Jonathan Russell Clark, , Kelvin Hoefler, Kelvin Hoefler Jagger, Japan Jagger Eaton, Japan Kelvin Hoefler, Japan Kelvin Hoefler Brazil Kelvin Hoefler Brazil Jagger, Jagger, , Luca Basilico, Ian Michna, Sora Shirai, Shirai, Horigome Shirai, Horigome, Nyjah Huston, NYJAH HUSTON UNITED, START Huston, Huston, Liz Akama, Akama, Ginwoo Onodera, Yuto, Attila Kisbenedek, Kevin Harris, They’re Organizations: Tokyo Olympics, Paris Olympics, Team Japan, Tokyo, Total, Total Brazil Japan, Kelvin Hoefler Brazil U.S, Japan Kelvin Hoefler Brazil Kelvin Hoefler Brazil Jagger Eaton U.S, Jagger Eaton U.S, Brazil U.S, Tokyo Games, Paris, New York Times, Horigome, Paris Olympic, NYJAH HUSTON UNITED STATES, HOUSTON U.S, Basilico, Skate, Japan, Olympic, Agence France, Tampa Pro Locations: Tokyo, Japanese, Paris, Brazil, Total Brazil, Kelvin Hoefler Brazil, Kelvin Hoefler Jagger Eaton, Japan, Japan Kelvin Hoefler Brazil, Japan Kelvin Hoefler Brazil Kelvin Hoefler Brazil Jagger Eaton, Jagger Eaton, United States, Rome, American, JAPAN, JAPAN Rome, Budapest, Canadian
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin 2024 conference underway: Here's what to knowCNBC’s MacKenzie Sigalos joins 'Squawk on the Street' to discuss the latest developments at the Bitcoin 2024 conference in Tennessee.
Persons: CNBC’s MacKenzie Sigalos Locations: Tennessee
In 2021, Maryland adopted a ten-year Climate Adaptation Resilience Framework aimed at making the state's infrastructure more sustainable by 2030. 2024 Infrastructure Score: 230 out of 425 points (Top States Grade: B) Climate Extremes Index: 62.44% Properties at risk: 100% Renewable Energy: 14% 9. 2024 Infrastructure Score: 235 out of 425 points (Top States Grade: B) Climate Extremes Index: 62.44% Properties at risk: 54% Renewable Energy: 4% 5. 2024 Infrastructure Score: 246 out of 425 points (Top States Score: B+) Climate Extremes Index: 39.82% Properties at risk: 14% Renewable Energy: 5% 4. 2024 Infrastructure Score: 179 out of 425 points (Top States Grade: D+) Climate Extremes Index: 48.6% Properties at risk: 100% Renewable Energy: 6% 1.
Persons: There's, Jeremy Porter, Maria Lehman, Governor Moore, Sarah L, Voisin, Ming Li, Wes Moore, Baltimore's Francis Scott Key, Kevin Dietsch, Danielle Villasana, Joseph Prezioso, Pennsylvania Al Walker, Audrey, Jeff Swensen, Drew Koch, Zbigniew Bzdak, Aaron Wilson, Joe Biden, Lady Jill Biden, Peter Zay, Winter Storm Lorraine, Anibal Martel, Louisiana Farmer Chad Hanks, Justin Sullivan, John Bel Edwards, Jeff Landry, Lokman Organizations: NOAA National Centers for Environmental, First Street Foundation, U.S, Infrastructure, American Society of Civil Engineers, Companies, CNBC, First, Atmospheric Administration, U.S . Department of Energy, Maryland, Preparedness, Washington Post, University of Maryland Center, Environmental, Gov, Energy, Delaware Contractors, Army Corp of Engineers, Texas, Lone Star State, Climate Center, Georgetown University, The, New, New Hampshire Workers, AFP, Getty, Environmental Protection Agency, University of New, Pennsylvania, Grow, Keystone, Pennsylvania Department of Environmental, Chicago Tribune, The Buckeye State, Mississippi Residents, Anadolu, Connecticut Municipal, Winter, Constitution, Connecticut Department of Public Health, Louisiana, NOAA, Task Force, Republican Gov Locations: U.S, States, , Maryland, Silver, Maryland, Montgomery, Chesapeake, Bethany Beach , Delaware, Delaware, Houston , Texas, , Texas, The Texas, New Hampshire, Nashua , New Hampshire, University of New Hampshire, Grow Pittsburgh, Braddock , Pennsylvania, Pittsburgh, Midwest, Ohio, Sandusky, Lake Erie, Erie, Mississippi, Rolling, United States, Connecticut, Hartford Area , Connecticut, Kaplan , Louisiana, Louisiana, Jersey, Lodi , New Jersey
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors should consider if small cap theme is 'reaction or true rotation,' says Wells Fargo's CronkDarrell Cronk, Wells Fargo CIO for wealth and investment management, joins 'Squawk on the Street' to discuss how investors should pay today's market, what would give Cronk more confidence in a rotation into small caps, and much more.
Persons: Wells Fargo's Cronk Darrell Cronk Organizations: Investors Locations: Wells
On Friday, the tech-heavy S & P 500 and Nasdaq Composite ended the week with losses, down 0.8% and 2.1%, respectively. However, the bulk of Magnificent Seven results is set for release in the week ahead. As it is, all seven of the Magnificent Seven companies closed out the week with losses. FOMC meeting, July jobs report Elsewhere, investors will also be reviewing the latest Federal Reserve interest rate decision set for release on Wednesday. Traders will also get insight into the labor market next week, with the release of the July jobs report on Friday.
Persons: Russell, Ryan Grabinski, John Belton, Tesla, Belton, FactSet, Stanley Black, Decker, Lam, Kraft Heinz, Ingersoll Rand Organizations: Nasdaq, Dow Jones Industrial, Microsoft, Facebook, Apple, Nvidia, 2H, 3Q, Gabelli, Traders, Dallas Fed, Semiconductor, Nation Entertainment, Electronic Arts, Starbucks, Match Group, Caesars Entertainment, Corning, Howmet Aerospace, Procter, Gamble, Pfizer, Merck, Co, PayPal, ADP, Civilian Workers, Chicago PMI, MGM Resorts International, Allstate, Lam Research, eBay, Qualcomm, Western, Cruise Line Holdings, Hess, Boeing, Mobile, Marriott International, GE Healthcare Technologies, Generac Holdings, Mastercard, Labor, PMI, Manufacturing, Intel, Holdings, Motorola Solutions, Technology, Air Products, Chemicals, Jobs, Exxon Mobil, Chevron Locations: Chicago, Albemarle, Kellanova, Hershey, Moderna
The stock market is gearing up for its rate cut era
  + stars: | 2024-07-26 | by ( Krystal Hur | ) edition.cnn.com   time to read: +4 min
Data Thursday showed the economy expanded at a robust 2.8% annualized rate during the second quarter, blowing past economists’ expectations. While the Fed has penciled in just one rate cut for this year, traders are betting on up to three, according to the CME FedWatch Tool. While the market was broadly higher on Friday, the S&P 500 and Nasdaq on Wednesday logged their worst daily performances since 2022. Shares of smaller companies tend to perform poorly when rates are high, since they have more floating rate debt than their larger counterparts. Investors are also picking at other areas of the market poised to gain when rates come down.
Persons: , Dow, Russell, Stephen Lee Organizations: New, New York CNN, Federal Reserve, Big Tech, Nasdaq, MRB Partners, YouTube, Logan Capital Locations: New York
Two women were shot to death in a murder-suicide on the Upper East Side of Manhattan on Friday morning, according to the police. One of the women, identified by the police as Kathleen Leigh, 65, approached the second woman, identified as Marisa Galloway, 45, shooting her in the head and lower back. Ms. Leigh then shot herself in the head, the police said. Ms. Leigh was pronounced dead at the scene, the police said. Ms. Galloway was taken to Weill Cornell Medical Center, where she later died.
Persons: Kathleen Leigh, Marisa Galloway, Leigh, Galloway Organizations: Honda, Gracie Mansion, New York City, Weill Cornell Medical Center Locations: Manhattan, Gracie
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Friday's full episode of the Halftime Report — July 26, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.
Persons: CNBC's Scott Wapner Organizations: CNBC PRO
Sectornomics: Top dividend plays in materials
  + stars: | 2024-07-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSectornomics: Top dividend plays in materialsCNBC's Dom Chu joins 'Squawk on the Street' to discuss opportunities in the materials sector.
Persons: Dom Chu
Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's sticking with its overweight rating on Tesla " Tesla AI Infrastructure 'base' is by far the fastest rising part of its asset base." Morgan Stanley downgrades WW International to equal weight from overweight Morgan Stanley downgraded the company formerly known as Weight Watchers due to concerns about free-cash flow. Morgan Stanley initiates CervoMed as overweight Morgan Stanley said it's bullish on shares of the biotech company. " Morgan Stanley downgrades STMicroelectronics to equal weight from overweight Morgan Stanley downgraded the stock following earnings. Morgan Stanley reiterates Meta as overweight Morgan Stanley said buy the dip in shares of Meta.
Persons: Redburn, Lockheed Martin, Raymond James, Apple, it's, Morgan Stanley, Tesla, Piper Sandler, Alexander, Baldwin, Piper, ALEX, TD Cowen, Morgan Stanley downgrades STMicroelectronics, Baird, Meta, Guggenheim, Oppenheimer, Sweetgreen, Stifel, Jefferies, Rosenblatt Organizations: Deutsche Bank, Airlines, Deutsche, Lockheed, Apple, Citi, Amazon, AMC, International, Dianthus Therapeutics, Meta, " Bank of America, underperform Bank of America, Barclays, Microsoft, Aviation, Security, Nvidia, Qualcomm, Pharmaceuticals Locations: NYC, Brunswick
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