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Here's a rapid-fire update on all 34 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Costco : While Costco gets nearly 7% of its sales from China, Jim said it's unlikely its business would be threatened by geopolitics given the company's popularity in the country. Constellation Brands : There's no doubt that the Modelo and Corona parent is a less attractive stock under Trump compared with Biden. 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.

Persons: Jim Cramer's, Jim, Donald Trump, Abbott's, Reckitt Benckiser, we're, there's, it's, Biden, Dupont, Trump, Walt Disney, Nelson Peltz, Jim said, Estee Lauder, Eaton, Honeywell's, Washington that's, Eli Lilly, Roche, Eli Lilly's, Lilly, Sen, J.D, Vance of, Morgan Stanley, ChatGPT, chipmaker, Laxman Narasimhan, Stanley Black, Decker, rightsizing, Wells, Wynn, he's, Jim Cramer, Brendan McDermid Organizations: Jim Cramer's Charitable Trust, CNBC, Trump, Abbott Laboratories, AMD, Broadcom, VMWare, Costco, Coterra Energy, White, Bloomberg, Federal, Motors, Ford, GE Healthcare, Big Tech, Honeywell, Air Products, Linde, Meta, Microsoft, Investors, OpenAI, Republican, Palo Alto Networks, Palo, Procter & Gamble, Biden, Constellation Brands, Modelo, The, TJX, Wynn Resorts, Club, Jim Cramer's Charitable, Traders, New York Stock Exchange Locations: China, Dover, U.S, Washington, Vance of Ohio, Meta, Taiwan, Israel, Gaza, Corona, Wells Fargo, Macau, New York City

☆ Katy Perry's new song 'Woman's World' isn't as bad as we feared. It's worse.
▼ + stars: | 2024-07-12 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +8 min

Listening to the album's lead single, "Woman's World," I have to assume it's a portal to the past. In the music video for "Woman's World," Perry's visuals are clearly meant to be tongue-in-cheek. Five people are credited as songwriters for "What Makes a Woman," but none overlap with the six writers credited for "Woman's World." She wanted Dr. Luke and all the baggage he brings; all four other songwriters on "Woman's World" are Dr. Luke collaborators or signees. Perry's 'Woman's World' proves she's stuck in a sound of the pastSurely Perry knew she'd face backlash — and for what?

Persons: —, Katy Perry, Rosie the, she's, indiscreet, It's, Perry, Dr, Luke, Perry's, Perry hadn't, Kesha, James Devaney, Luke countersued Kesha, he's, who's, Loctor Duke, Doja, Nicki Minaj's, Kim Petras, Perry isn't, Katy Perry's, Jack Antonoff, SG Lewis, Zedd, Katy, she'd, Hillary Clinton Organizations: Service, Business, New York, Court, Tyson Trax, Loctor, Capitol Records, Stone Locations: traipsing, Perry's, California

☆ Here are 3 major reports that could drive the stock market in the week ahead
▼ + stars: | 2024-07-06 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Three of the four big money center banks report this coming Friday, including Club name Wells Fargo . Economic data : The June consumer price index (CPI) is out on Thursday morning, and the June producer price index (PPI) is out on Friday morning. Earnings season : Within the portfolio, net interest income (NII) guidance is going to be a key watch item when Wells Fargo reports its quarter this coming Friday. However, other factors like muted loan demand have prevented Wells Fargo from raising its outlook this year. Wells Fargo – and our other bank name Morgan Stanely – both passed, indicating they have strong capital positions with excess money to return to shareholders.

Persons: May's, You'll, Wells, Michael Santomassimo, Morgan Stanley, We're, Wells Fargo, Morgan Stanely –, JPMorgan Chase, Jim Cramer's, Jim Cramer, Jim, Beata Zawrzel Organizations: Dow Jones Industrial, Nasdaq, Apple, Broadcom, Club, Meta, Energy, Constellation Brands, Corona, Modelo, Federal Reserve, Manufacturing, PMI, Fed, Wells, PPI, CPI, PepsiCo, Delta Air Lines, DAL, Conagra Brands, JPMorgan, Citigroup, Jim Cramer's Charitable, CNBC, U.S, New York Stock Exchange, Nurphoto, Getty Locations: Wells Fargo, FactSet, Wells, Wells Fargo –, New York, United States, America

☆ Reformist lawmaker Masoud Pezeshkian wins Iran’s presidential vote
▼ + stars: | 2024-07-05 | by ( Michael Rios | James Legge | ) edition.cnn.com time to read: +7 min

CNN —Reformist candidate Masoud Pezeshkian has won Iran’s presidential election, Iranian state news agency Press TV reported Saturday citing the country’s election headquarters, beating his hardline rival in a pivotal vote at a time of tensions at home and abroad. The first round saw the lowest voter turnout for a presidential election since the Islamic Republic was established in 1979. The lawmaker was the only reformist candidate vying for the top elected seat in the country after dozens of other candidates were barred from running. During the 2022 protests, Pezeshkian said in an interview with Iran’s IRINN TV: “It is our fault. Other factors may be more difficult to change, particularly Iran’s foreign policy.

Persons: Masoud Pezeshkian, Pezeshkian, Saeed Jalili, Israel, Ebrahim Raisi, Hossein Amir, ”, Mohammad Khatami, Mahsa, Amini, Iran’s, Sanam Vakil, Vakil, Israel “, Israel Katz, Qasem Soleimani, “, aren’t, Javad Zarif, Zarif, Seyyed Ali Khamenei, Khamenei Organizations: CNN — Reformist, Press, Press TV, Foreign, Supreme, United Nations, North Africa, Chatham House, Israeli, Iran Revolutionary Guard Corps ’, Iran Revolutionary Guard Corps ’ Quds Force Locations: Jalili, Islamic Republic, Iran’s, Iran, Persian, East, London, Israel, Gaza, Lebanon, Iran Revolutionary Guard Corps ’ Quds

In a few days, bankrupt Tokyo-based bitcoin exchange Mt. Disbursements will be in a mix of bitcoin and bitcoin cash, an early offshoot of the original cryptocurrency. Gox — short for "Magic: The Gathering Online Exchange" — was once the largest spot bitcoin exchange globally, claiming to handle around 80% of all global dollar trades for bitcoin. Gox users would likely translate to huge sales in bitcoin as investors look to lock in gains. Vijay Ayyar, head of consumer growth for Asia-Pacific at crypto exchange Gemini, said that the overall impact of the Mt.

Persons: Omer Taha Cetin, that's, Disbursements, bitcoin, Gox, —, John Glover, Glover, James Butterfill, bitcoin's, Gemini, Lennix Lai, Butterfill, Bitcoin, Jacob Joseph, Joseph, Alex Thorn, Thorn, Vijay Ayyar, Gox disbursement, Ayyar Organizations: Anadolu, Getty, CNBC, bitcoin, Barclays, CoinShares, Gemini, JPMorgan, Arkham Intelligence, Analysts, U.S . Securities, Exchange, Federal Reserve Locations: Tokyo, Gox, Mt, bitcoin, Asia, Pacific

☆ The plot of a new Fox animated comedy series is about a guy who gets a $3,000 monthly 'universal basic income'
▼ + stars: | 2024-06-29 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

Basic income programs are the next victim, now on Fox. "Universal Basic Guys" stars a pair of brothers who join a $3,000-a-month basic income program after the hot dog factory where they work becomes automated. A universal basic income is often cited as a potential solution to the likely job losses created by artificial intelligence. A universal basic income would give monthly no-strings-attached cash payments to everyone, regardless of their financial status. While more cities are experimenting with basic income programs, they have also been the target of conservative ire.

Persons: —, Fox, Mark, Hank Hoagies, Andrew Yang, Hank, Mark Hoagies, Homer Simpson, Bob of, Michael Thorn, Adam, Craig Malamut Organizations: Service, Fox, Business, Fox Entertainment, Sony Pictures Television, Sony, NBA, Sony Pictures Television Studios Locations: United States, Iowa

Users of collapsed bitcoin exchange Mt. At the height of its success, the platform was the largest spot bitcoin exchange in the world, claiming to handle around 80% of all global dollar trades for bitcoin. Gox creditors creates "downside risk" next month, though it would be short-lived. Gox creditors take place in July, [this] creates a trajectory where crypto prices come under further pressure in July, but start rebounding from August onwards," the analysts wrote. Gox creditors opted for in-kind reimbursement has to do with the tax implications.

Persons: Kiyoshi Ota, Gregory Greene, Greene, Bitcoin, Greene's, John Glover, Ledn, Glover, Gox, Alex Thorn, They'll, Roger Ver, Blockstream, Adam Back, Greg Maxwell, Bruce Fenton, Thorn, there's, There's, Luke Nolan, CoinShares, JPMorgan Organizations: Bloomberg, Getty, Mt, CNBC, bitcoin, Online, Galaxy Digital, Bitcoin, Barclays, JPMorgan Chase, Gox Locations: Gox, Illinois, bitcoin, Mt

☆ Fast fashion retailer Shein confidentially files for London IPO
▼ + stars: | 2024-06-24 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +4 min

Shein, the fast fashion giant with links to China, has confidentially filed for a public listing in London as it faces backlash in the U.S., a person familiar with the matter told CNBC. Elected officials in the U.S. have repeatedly expressed concerns about the use of forced labor in Shein's supply chain and its use of a U.S. tax law exemption known as de minimis. Shein would still prefer to go public in the U.S., sources previously told CNBC, and its filing in London doesn't mean that an IPO will happen there. It's unclear if Beijing has signed off on the London listing. Shein's London filing marks another twist in the company's so-far long road to a public markets debut.

Persons: Shein, It's, Donald Tang, — CNBC's Sara Salinas Organizations: CNBC, U.S, National Retail Federation, U.S . Securities, Exchange Commission, Wall Street Journal, SEC Locations: China, London, U.S, Beijing, Singapore, Xinjiang

☆ He wore a toga and spoke Latin. This ancient philosopher can help you survive the anxiety of the 2024 election
▼ + stars: | 2024-06-22 | by ( John Blake | ) edition.cnn.com time to read: +12 min

They offered three pieces of Stoic advice for handling the anxiety of this year’s election. Many Stoic leaders would never be labeled as “idiotai.” They were passionately involved in politics and the pursuit of justice. Holiday says Aurelius wrote constantly about justice in his classic book, “Meditations.”Epictetus, the ancient Greek Stoic and philosopher. But the Stoic leaders were known for their courage in standing up to political tyrants. Stoic leaders may seem like distant figures encased in marble, but we can learn from them, Holiday says.

Persons: Biden, Trump, Epictetus, Marcus Aurelius, Ryan Holiday, ”, Zeno, Citium, “, Aurelius, grappled, Donald Trump, Angela Weiss, “ Aurelius, Massimo Pigliucci, Don’t, “ Julius Caesar ”, Stoicism, don’t, Dominik Bindl, Holiday, ” Holiday, Pigliucci, Reinhold Niebuhr, ” Pigliucci, you’ve, ” Epictetus, Priscus, Vespasian, It’s, Marcus, chastising, unkind, he’s, He’s, John Blake Organizations: CNN, Police, Trump, Getty, ” CNN Locations: Greece, Rome, togas, Athens, New York City, Stoicism

☆ CPI report: Inflation slowed in May, hinting at welcome relief for consumers
▼ + stars: | 2024-06-12 | by ( Alicia Wallace | ) edition.cnn.com time to read: +6 min

Falling gas prices kept inflation in check following a 0.3% gain in April. “Adding to the good inflation news, core services inflation (excludes energy services) printed its mildest monthly increase since September 2021,” Kathy Bostjancic, Nationwide’s chief economist, wrote in a note issued Wednesday. On an annual basis, shelter inflation slowed a tenth of a percentage point to 5.4%, which is its lowest rate since April 2022. Still, those costs continue to run hot for consumers, with transportation services prices up 10.5% from a year ago and car insurance up 20.3%. Soft CPI boosts chances for Fed cutsThe CPI, which tracks average change in prices for a basket of goods and services common to consumers, is the most widely cited inflation metric.

Persons: ” Philip T, Powell, They’re, ” Kathy Bostjancic, Indiana University’s Powell, it’s, ” Sean Snaith, ” Preston Caldwell, Tool, “, ” Scott Anderson Organizations: CNN, Inflation, Federal, Bureau of Labor Statistics ’, Indiana Business Research Center, Indiana University Kelley School of Business, Federal Reserve, CPI, Transportation, University of Central, Soft, Fed, Morningstar, BMO Bank Locations: “, Indiana, University of Central Florida

☆ Here’s what we learned from the European elections as a far-right surge upends national politics
▼ + stars: | 2024-06-10 | by ( Rob Picheta | ) edition.cnn.com time to read: +7 min

Far-right parties across the continent had strong showings, but their momentum did not cause the center ground of European politics to cave in – as many had predicted. Those gains did materialize; far-right groups were expected to secure a record number of seats in the European Parliament, dealing a major blow to the continent’s establishment leaders. Most of the far-right gains were concentrated in countries that elect large numbers of seats: France, Italy and Germany. Several other far-right parties are among the non-aligned (NI) group, predicted to secure 45 seats. The center holdsDespite a far-right surge, the centrist European People’s Party (EPP) was the biggest single winner on Sunday night.

Persons: –, Maximilian Krah, Ursula von der Leyen, ”, Von der Leyen, ” Von der Leyen, Emmanuel Macron, Marine Le, ” Macron, Marion Maréchal, Jordan Bardella, Alexander De Croo, ” De Croo, Meloni, Tusk, Giorgia Meloni, Brothers, Benito Mussolini, von der Leyen, Donald Tusk’s, Viktor Orbán, Bas Organizations: CNN, Green, Nazi, European People’s Party, EPP, Progressive Alliance of Socialists, Commission, Ukraine, Marine, Assembly, French, Ministry, Italy’s, Italy, Law and Justice, PiS, European, Fidesz, Greens, Bas Eickhout, EFA, European Green Party, European Commission Locations: –, France, Europe, Italy, Germany, Brussels, France’s, “, Ukraine, Poland

☆ Activist Investor Nelson Peltz Is Said to Sell His Disney Stake
▼ + stars: | 2024-05-29 | by ( Lauren Hirsch | More About Lauren Hirsch | ) www.nytimes.com time to read: +1 min

Nearly two months after losing an epic corporate battle to get on the board of the Walt Disney Company, Nelson Peltz is no longer an investor in the entertainment company. Mr. Peltz, the billionaire head of the hedge fund Trian Fund Management, controlled about $3.5 billion in Disney stock, a vast majority of it owned by Ike Perlmutter, a former chairman of Marvel Entertainment. Mr. Peltz has now sold his portion of those shares, a person familiar with the investment said, requesting anonymity to discuss confidential matters. By selling his shares, Mr. Peltz is seemingly removing a thorn in Disney’s side. Mr. Peltz, an activist investor, began criticizing Disney’s management under Robert A. Iger, the chief executive, early last year, pointing to the company’s streaming strategy, lagging stock price and succession planning.

Persons: Nelson Peltz, Peltz, Ike Perlmutter, Robert A, Trian Organizations: Walt Disney Company, Fund Management, Disney, Marvel Entertainment

☆ As MLB changes its records, Josh Gibson, not Ty Cobb, is all-time batting leader
▼ + stars: | 2024-05-28 | by ( Tyler Kepner | ) www.nytimes.com time to read: +10 min

And as of Wednesday, Josh Gibson will replace Cobb as the leading hitter in the official records of the game. Thorn estimated that about 75 percent of all Negro Leagues box scores have been documented, and that MLB would update the records as more are uncovered. To some extent, Negro League numbers will always be a work in progress. Barnstorming games, essential as a financial lifeline to Negro League teams, are not included in the statistics. The scheduled games range from 26 (Negro American League, 1942) to 91 (Negro National League I, 1927).

Persons: Abner Doubleday, Tyrus Raymond Cobb, Doubleday, Josh Gibson, Cobb, ”, Larry Lester, “, Ty Cobb, Oscar Charleston, Rogers, Jud Wilson, Ed Delahanty, Buck Leonard, Ted Williams, John Thorn, Thorn, ” Lester, I’ve, Gibson, Chino Smith’s, Hugh Duffy’s, Chino Smith, Hugh Duffy, Charlie Blackwell, Ross Barnes, Willie Keeler, Rogers Hornsby, Tetelo Vargas, Vargas, — Lyman Bostock Sr, Bostock, Ted Williams ’, Sean Forman, Ty, Lester, Gary Ashwill, Kevin Johnson, Seamheads, ” Thorn, Elias, Babe Ruth, Lou Gehrig, Oscar, Barry Bonds, Jimmie Foxx, Ed Walsh, Addie Joss, Mordecai Brown, John Ward, Christy Mathewson, Rube Waddell, Walter Johnson, Dave Brown, Tommy Bond, White, Willie Mays, Mays, Bullet Rogan, Turkey Stearnes, ’ ” Lester, Simon Bruty Organizations: Major, Baseball, Negro Leagues, MLB, “, Negro League, Negro, Rogers Hornsby, Turkey Stearnes, Louis Cardinals, San Francisco Giants, Kansas City Monarchs, American, National Leagues, Negro American League, Negro National League I, Boston, New York Cubans, Twins, Red Sox, Sports, Birmingham Black Barons, Graphics, Retrosheet, Oscar Charleston, Barry, Major League Baseball, Birmingham, Giants, Mets Locations: Turkey, Birmingham, Ala, Chicago, Moline, Washington ,

☆ SEC embrace of ether ETFs highlights cryptocurrency's shifting political fortunes
▼ + stars: | 2024-05-27 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

The newly opened door to ether ETFs is part of a larger story that dominated cryptocurrency markets last week: the industry's political tides appear to be shifting in its favor. Expectations of an approval were low as the week began, but flipped completely and suddenly last Monday — sending ether up 20% . Many are hailing FIT 21 as a landmark victory for the industry. "I'd be surprised if FIT 21 or something like it actually becomes law this year," said Thorn. It does portend a sweeping change in [the] Democratic leadership approach to this industry, and that can only help crypto."

Persons: Biden, Donald Trump, Rachel Lin, Oppenheimer, Owen Lau, Lau, Alex Thorn, didn't, Kirsten Gillibrand, Cynthia Lummis, I'd Organizations: Securities and Exchange Commission, SEC, Representatives, SAB, Innovation, Technology, Futures Trading Commission, CNBC, Galaxy Digital, Senate, Gillibrand, Democratic

☆ What's next after the House passed bill outlining a crypto regulatory framework: CNBC Crypto World
▼ + stars: | 2024-05-23 | 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 EmailWhat's next after the House passed bill outlining a crypto regulatory framework: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Alex Thorn, head of research at Galaxy, reacts to the House passing a crypto regulatory framework bill. Plus, he gives his expectations ahead of a decision from the SEC on spot ether ETFs.

Persons: What's, explainers, Alex Thorn Organizations: CNBC Crypto, CNBC, Galaxy, SEC

☆ Jane Seymour on Her Best Movie & TV Roles: 'Wedding Crashers,' 'Dr. Quinn,' 'Bond'
▼ + stars: | 2024-05-23 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +14 min

AdvertisementI had to look and play a virgin — which I managed to do quite convincingly into my 40s on "Dr. Quinn," by the way. But I've only ever done two TV series, so now it's "Dr. Quinn" or "Harry Wild." AdvertisementAnd by the way, I got the worst reviews ever on "Dr. Quinn" as well. Studio Seven Productions/NM/Sygma via Getty ImagesI was going to bring up "Dr. Quinn" next — did you expect it to turn into such a beloved show when you initially signed on? There's another factoid that when I did "Dr. Quinn," I only washed my hair in English rainwater that was flown in on a 747 every week.

Persons: Roger Moore, Jane Seymour, Bond, Seymour, Harry Wild, she's, She's, Lindsay Lohan's, — she's, Christopher Reeve, Quinn, " Milne, I'd, It's, I'm, I've, Christopher Reeve Jane Seymour, Eddie Sanderson, Dana, Reeve, Chris, —, Sir, Shaw, Colin Powell, Dr, Doctor Quinn, Jane, she'll, we've, it's, Owen Wilson, You've, it'd, Owen, I'm Kitty Cat, Steffan, Princess Leia, Spielberg, Richard Chamberlain Organizations: Business, Acorn, Netflix, Hearts Foundation, Medicine, Seven, Getty, CBS, Orange, Raiders Locations: English, Dublin, Calgary, Eden, Hong Kong, New York, Mexico

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSpot ether ETFs could be part of a political shift tied to crypto: Galaxy Digital's Alex ThornAlex Thorn, head of research at Galaxy Digital, reacts to the House passing a crypto regulatory framework bill. He also provides his expectations ahead of a decision from the SEC on spot ether ETFs.

Persons: Alex Thorn Alex Thorn Organizations: Galaxy Digital, SEC

☆ South Africa elections: A guide and everything you need to know
▼ + stars: | 2024-05-22 | by ( Sarah Dean | David Mckenzie | ) edition.cnn.com time to read: +6 min

Johannesburg, South Africa CNN —South Africans go to the polls on May 29 for what will likely be the most pivotal general election since the end of apartheid. This is the seventh general election South Africa has held since the end of white minority rule 30 years ago. South Africa general election 101 • South Africa uses a “proportional representation” system. This year South Africa received its lowest score on Transparency International’s Corruption Perception Index. Democratic Alliance (DA) party leader Johan Steenhuisen speaks to supporters during a party event on May 9, 2024, in Soweto, South Africa.

Persons: Nelson Mandela, Cyril Ramaphosa, Jacob Zuma, What’s, Ramaphosa –, –, “, Ramaphosa, ”, John Steenhuisen, Johan Steenhuisen, Anders Pettersson, Zuma, Julius Malema, Malema, Floyd Shivambu, Steenhuisen Organizations: South Africa CNN, National Congress, ANC, Independent Electoral, •, “, Democratic Alliance, White South, Party Charter, uMkhonto weSizwe Party, Economic, Fighters, EFF, MK, Finance, Constitutional, Social Research Foundation Locations: Johannesburg, South Africa, Africa, China, Cuba, Soweto

☆ Jim Cramer points to new, 'very bullish' signs that Apple's China business is on the mend
▼ + stars: | 2024-05-21 | by ( Paulina Likos | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer sees Apple 's China business coming back — pointing to stronger monthly App Store numbers, due to activity in the world's second-largest economy. "This is very bullish," Cramer said Tuesday, reacting to Morgan Stanley data showing a mild acceleration of overall App Store growth in May to 11.7% year over year. As China drives more Apple services growth, Cramer said the "bull case of China being back" gains merit. Earlier this month, Apple delivered record quarterly revenue in high-margin services and guided a double-digit rate of growth for the June quarter. A potential catalyst for Apple stock could be next month's Worldwide Developers Conference.

Persons: CNBC's Jim Cramer, Apple, Cramer, Morgan Stanley Organizations: Apple, Club, That's Locations: China

☆ Jacob Zuma not eligible to run for parliament, South Africa’s top court says
▼ + stars: | 2024-05-20 | by ( David Mckenzie | ) edition.cnn.com time to read: +2 min

Johannesburg, South Africa CNN —South Africa’s apex court has ruled that former president Jacob Zuma is not eligible to run for parliament in next week’s critical general election. He was found guilty of contempt of court by the same constitutional court for his refusal to testify to an anti-corruption commission. It is that sentence that barred him from running, the court ruled on Monday. A contempt of court sentence is an extremely important sentence, and it is a sentence that cannot be treated lightly. While the court ruled that Zuma is not eligible to run for MP, his party will still contest the election and his face will remain on the ballot.

Persons: Jacob Zuma, Zuma, “, ”, Leona Theron, Neeshan Balton, Ahmed, Nelson Mandela Organizations: South Africa CNN, National Congress, ANC, WeSizwe Party, CNN Locations: Johannesburg, South Africa, KwaZulu, Natal

☆ Nvidia and 2 other portfolio stocks report earnings next week. Here's what we want to see from each
▼ + stars: | 2024-05-18 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

All three major averages closed higher for the week, driven by softer retail sales and consumer price data for April. And the data has been mostly good, with 78% reporting a positive earnings surprise and 60% delivering a positive sales surprise. But we will get earnings from three portfolio companies, including one of our two "own, don't trade" stocks. In the week ahead, three portfolio companies will report results, while it will be fairly slow for economic data, except for a couple of housing reports. Earnings : After a week without earnings from any Club stocks, we'll get three this coming week.

Persons: Dow Jones, Dow, we'll, TJX, Blackwell, Li Auto, James Hardie, Ralph Lauren Corporation, Booz Allen, Jim Cramer's, Jim Cramer, Jim, Jensen Huang, Justin Sullivan Organizations: Wall, Federal Reserve, Dow, Nasdaq, CPI, Palo Alto Networks, Palo, TJX Companies, Nvidia, Nexxen, Alto Networks, Video Communications, Trip.com, James Hardie Industries N.V, Nordson Corp, Keysight Technologies, ZIM Integrated Shipping Services, Lowe's Companies, Eagle Materials, Toll, ViaSat, Urban Outfitters, Target Corp, Devices, Dorian LPG, Dycom, Golden Ocean Group, Petco, Wellness Company, Sonoma, WSM, VF Corp, Star Bulk Carriers Corp, LiveRamp Holdings, Chemical & Mining Co, Grupo Supervielle S.A, BJ's Wholesale, Technologies, TD Bank Group, Intuit, Ross Stores, Booz Allen Hamilton Holding, Mesa Laboratories, Jim Cramer's Charitable, CNBC, Intelligence, SAP Center Locations: Palo Alto, Williams, Chile, San Jose , California

☆ David Einhorn was once the young thorn in the side of executives. Now he's dealing with his own.
▼ + stars: | 2024-05-17 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewIn 1996, David Einhorn founded Greenlight with less than $1 million in capital — a good chunk of which came from his parents — at the precocious age of 27. And now the 55-year-old is dealing with something he once was: a thorn in the side. Fishback sued his old firm for defamation in October, which is now in arbitration, according to a person familiar with the case. Thursday, Fishback said he was invited to debate Tesla with his old boss, saying Einhorn didn't understand Musk's company's "core value driver" of autonomy.

Persons: —, David Einhorn, sayer, sneering, Elon Musk, Einhorn, He's, year's Sohn, James Fishback, Fishback's, Fishback, Greenlight, Pharma Bro, Martin Shkreli, — Fishback, Tesla, Fishback —, Free Press —, I'm Organizations: Service, Business, Lehman Brothers, Allied, Tesla, Pharma, Free Press Locations: —, New York, Bari

☆ Trump asked top oil execs for $1 billion campaign cash in exchange for environmental policy rollbacks, report says
▼ + stars: | 2024-05-12 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

The transactional campaign promise indicates what a second Trump presidency would mean for the White House's environmental agenda. Pornsak Na Nakorn/EyeEm/GettyWhile Biden has positioned the climate crisis as an existential threat and championed aggressive environmental regulations, Trump has dismissed it as a hoax and systematically dismantled environmental protections during his tenure. Related storiesSince taking office in 2021, Biden has swiftly reversed many of Trump's environmental actions, including blocking future oil drilling in the Alaskan Arctic. However, despite oil industry grievances over Biden's policies, the US has experienced record oil production, leading to substantial profits for major energy companies like ExxonMobil and Chevron, said The Post. As the campaign trail heats up, Trump's message to the oil industry remains clear: support him, and he'll deliver on their demands.

Persons: —, Donald Trump, Joe, Trump, Getty, Biden, BI's Benji Jones, he'll Organizations: Service, Lago Club, The Washington Post, Business, Democratic, Post, Keystone XL, ExxonMobil, Chevron, Trump, Fox News, Iowa Locations: Gulf of Mexico

☆ The Met Gala’s Strange but Fitting Literary Inspiration
▼ + stars: | 2024-05-06 | by ( Jim Windolf | ) www.nytimes.com time to read: +1 min

The threat to their peaceful existence arrives in the form of an army on the horizon. “The Garden of Time” is a fitting but ironic choice as a theme for the year’s most lavish celebration. The sympathies of “The Garden of Time” seem to lie with the count and countess. And yet the author slips in hints that their lovely existence may be empty. When Count Axel puts his arm around his wife’s waist, he realizes that “he had not embraced her for several years.”

Persons: Count Axel, ”, Ballard, Thom Browne, “

☆ His Skull Was Taken From Congo as a War Trophy. Will Belgium Finally Return It?
▼ + stars: | 2024-05-05 | by ( Monika Pronczuk | Koba Ryckewaert | ) www.nytimes.com time to read: 1 min

Once a powerful local Congolese leader, Lusinga Iwa Ng’ombe fought back against Belgian colonial invaders in the late 19th century. He was such a thorn in their side that Émile Storms, who commanded Belgian troops in the region, predicted his head would “eventually end up in Brussels with a little label — it would not be out of place in a museum.”That is exactly what happened. Troops of Mr. Storms killed and decapitated Mr. Lusinga in 1884, and his skull ended up in a box in the Brussels-based Institute for Natural Sciences, along with over 500 human remains taken from former Belgian colonies. His descendants are struggling to have his remains returned, their efforts unfolding against the backdrop of a larger debate about Europe’s responsibility for the colonial atrocities, reparations and restitution of plundered heritage.

Persons: Iwa Ng’ombe, “, Storms, Mr, Lusinga Organizations: Iwa, Belgian, Natural Sciences Locations: Congolese, Belgian, Brussels

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