DIRS.INFO The most relevant business & tech news

☆ A full breakdown of the S&P 500's chart and what it indicates about the second half
▼ + stars: | 2024-07-02 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +5 min

Let's look at what the the S & P 500's first half taught us about the chances for more gains in the second half. From Q1 1995 through Q2 1998, the S & P 500 was up 14 straight quarters. Below are four important factors we're continuing to watch closely into the year's second half. 116 of them are up more than the S & P 500 (+14.8%) through July 1 st , 2024. Good closes The S & P 500 has closed above its intra-day mid-point 77/125 trading days through Monday.

Persons: We've, That's, they'll, Frank Cappelleri Organizations: CNBC, NBC UNIVERSAL

☆ How to construct a winning options strategy on a software stock that had a big June
▼ + stars: | 2024-07-02 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

The charts indicate the TurboTax maker could be caught in a trading range from here and I've got an options strategy that wins if it remains stuck. An Iron Condor is a great trade structure to use when dealing with trading ranges like this one. To construct an Iron Condor, all I have to do is sell a call credit spread and a put credit spread at the same time. Most trading platforms will allow you to put this trade as one unit by selecting "Sell Iron Condor" as the trade structure. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: I've, INTU, Nishant Pant Organizations: Intuit, Condor, Iron Condor, CNBC, NBC UNIVERSAL

☆ Cathie Wood's ARK Innovation ETF poised to break out of its sideways trading, according to the charts
▼ + stars: | 2024-07-01 | by ( Katie Stockton | ) www.cnbc.com time to read: +7 min

—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.

Persons: Cathie, ARKK, Katie Stockton Organizations: Innovation, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities Locations: ARKK

☆ Carlos Alcaraz: ‘I want to sit at the same table as the big three.’ Spaniard charts path to greatness ahead of Wimbledon
▼ + stars: | 2024-07-01 | by ( Aleks Klossok | ) edition.cnn.com time to read: +6 min

The youngest male player to win three grand slams on three different surfaces – the 2022 US Open, Wimbledon in 2023 and the French Open in 2024 – at 21. Take, for example, the French Open. Let’s see if I’m going to be in this position.”Alcaraz celebrates winning match point against Alexander Zverev in the men's French Open final. “As a Real Madrid fan, I was watching in Paris [during the French Open]. “I’m really, really happy with everything that I’m living right now.

Persons: Carlos Alcaraz, “, ” Alcaraz, Novak Djokovic, Rafael Nadal, Roger Federer, you’d, I’ve, ”, Juan Carlos Ferrero, ” –, Juanjo Moreno, –, Ferrero, Albert Costa, Carlos Moyá, Sergi Bruguera, Garbiñe, “ I’m, Lisi Niesner, Alcaraz, Estonia’s Mark Lajal, Clive Brunskill, Djokovic, Francisco Cerúndolo, Roger Federer’s, Novak, Alexander Zverev, what’s, Roland Garros, I’m Organizations: Wimbledon, London CNN, CNN Sport, CNN, Nadal, “, Reuters, Real Madrid, Borussia Dortmund, Olympic, Real, Spanish national Locations: London, Spanish, –, Alcaraz, Spain, SW19, Berlin, Paris, Real Madrid, Wimbledon

☆ 'Shadow Stand-Ins': How Workers Secretly Outsource Their Jobs
▼ + stars: | 2024-06-30 | by ( Rob Price | ) www.businessinsider.com time to read: +20 min

Related storiesThough Remi recruited people she knew, shadow stand-ins are often sourced from a complex online web of faceless providers. Facebook Groups are a popular forum for recruiting shadow stand-ins, providing a two-sided marketplace where workers and providers can connect to one another. The dustup highlighted a key drawback to shadow stand-ins: While alluring, things can go horribly wrong. "It required a lot of micromanaging," said a backend engineer in Pennsylvania who hired shadow stand-ins to help him juggle multiple jobs. Pay rates for shadow stand-ins are "definitely more than what people earn in their regular payday, that's for sure," he said.

Persons: Remi, Zer, couldn't, — Remi, Walter Keane, Margaret, Tim Ferriss, Raj Kumar, isn't, Kevin, Andrew, it's, Lorenzo Matteucci, Brandon Nowak, —, Amber Clayton, Tim Woodruff, Woodruff, they're, Ranjan, Kiran, Rahul, Peter Steele, Michel Anteby, doesn't Organizations: Business, Labor, Verizon, Southwestern, Facebook, Amazon Web Services, BI, Companies, Corporations, Society for Human Resource Management, Secret Service, Department of, Treasury, FBI, LinkedIn, Boston University Locations: Chicago, India, Pakistan, China, Southwestern US, Atlanta, San Jose , California, Bengaluru, American Java, Southeast Asia, United States, Colorado, Southern California, Pennsylvania, Washington, Indian, Michigan, Oregon, England

☆ The best songs this summer sound like total nonsense. That's a good thing.
▼ + stars: | 2024-06-30 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +7 min

"Brat," along with viral hits like Sabrina Carpenter's "Espresso" and Tinashe's "Nasty," have ushered in a season of pleasure and levity — what my friends and I have been calling a "smooth brain summer." The primary lure of pop music has always been escapism. Indeed, we've lived in a pop world dominated by Taylor Swift and refashioned in her likeness for several years. These peculiar bops form the perfect foundation for a "smooth brain summer" soundtrack — though please note that doesn't mean they're devoid of value or meaning. An appetite (and a need) still exists for complex metaphors, history lessons, and personal revelations in pop music — but now is not the time.

Persons: —, Mitski, Noah Kahan, Ethel Cain, bumpin, Sabrina Carpenter's, ure, ike, ike O livia R odrigo, l, odrigo, ake, ould, ike T ikTok, ong, abel, alue Organizations: Service, Business, DJ, ust

☆ Top Wall Street analysts favor these dividend stocks for better returns
▼ + stars: | 2024-06-30 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Here are three attractive dividend stocks, according to Wall Street's top pros on TipRanks, a platform that ranks analysts based on their past performance. Darden RestaurantsThe first dividend stock is Darden Restaurants (DRI), which operates several popular brands in full-service dining, including Olive Garden, LongHorn Steakhouse and Yard House. While Darden exceeded analysts' earnings expectations, its sales slightly missed the Street's consensus amid increased discounting by rivals. Moreover, the company announced a dividend hike of nearly 7%, bringing the quarterly dividend to $1.40 per share. (See International Seaways' Stock Charts on TipRanks)CitigroupFinally, let's discuss this week's third dividend stock, banking giant Citigroup (C).

Persons: Wall, Darden, Peter Saleh, Saleh, TipRanks, Benjamin Nolan, Nolan, INSW, Goldman Sachs, Richard Ramsden, Ramsden Organizations: Darden, Olive Garden, LongHorn, Citigroup, Management, Citi, Services Locations: Olive, Rohnert Park , California

☆ A notorious market bear who called the 2000 and 2008 crashes shares 3 charts revealing striking similarities between today's market and the most extreme bubbles — and warns of 50-70% downside for the
▼ + stars: | 2024-06-29 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

"In contrast, current valuation extremes imply potential downside risk for the S&P 500 on the order of 50-70% over the completion of this cycle." JPMorgan's Marko Kolanovic expects the S&P 500 to fall to 4,200, while more extreme forecasts include Jeremy Grantham's estimate in the low 3,000s. And as the stock market ground mostly higher, he persisted with his doomsday calls. He predicted in April 2007 that the S&P 500 could lose 40%, then it lost 55% in the subsequent collapse from 2007 to 2009. The S&P 500, by comparison, is up about 26% over the past year.

Persons: —, Jonathan Golub, Count John Hussman, Hussman, Hussman's, Morgan Stanley's Mike Wilson, Piper Sandler's Michael Kantrowitz, JPMorgan's Marko Kolanovic, Jeremy Grantham's Organizations: Service, UBS, Business, Hussman Investment Trust, New York Stock Exchange, Investor Intelligence

☆ Florida shark attacks: Man in critical condition after shark bites his right forearm as he was boating off Florida coast
▼ + stars: | 2024-06-29 | by ( Paradise Afshar | ) edition.cnn.com time to read: +2 min

“Acting swiftly, a deputy boarded the vessel and applied a tourniquet to stop the bleeding,” the sheriff’s office said. While he is in critical condition, he is expected to recover, the sheriff’s office said. “Yet shark bites still remain very rare,” the commission said. “Experts believe that most shark bites are cases of mistaken identity, which explains why nearly all shark bites that occur in Florida waters are of a bite-and-release nature,” the commission said. While the risk of being bitten by a shark is extremely low, Florida tops global charts for the number of shark bites, according to the Florida Museum of Natural History’s annual shark attack report.

Persons: “, Dee Dee Organizations: CNN, Nassau County Sheriff’s, Marine Unit, Florida Fish and Wildlife Conservation Commission, “, Florida Museum, Natural, Florida - Locations: Nassau County, Dee Dee Bartels, Fernandina, Walton County , Florida, Florida, United States, Volusia County, Brevard, St, Lucie, Miami, Dade, Palm Beach, Escambia, Pinellas, Florida’s, Florida - Georgia

In a more defensive environment, we instead gravitate to lower volatility, higher dividend-paying stocks. By October, AT & T had pounded out a series of higher lows, confirming a rotation to a bullish trend. As a long-term trend gauge, I would assume that any price action above this trendline is still within the context of a bullish phase. I've also drawn a short-term trendline in pink, lining up the price lows in April, May, and June. Since an uptrend is formed by a pattern of higher highs and higher lows, then a consistent short-term uptrend would most likely remain above this trendline.

Persons: we've, I've, I'm, David Keller Organizations: CMT, CNBC, NBC UNIVERSAL, & $

☆ The world’s biggest capital cities are heating up – and Asia tops the charts
▼ + stars: | 2024-06-27 | by ( Lex Harvey | ) edition.cnn.com time to read: +6 min

Beijing Meteorological Observatory issued the first yellow alert for high temperatures in 2024, with the highest temperature in the city reaching 35 degrees Celsius. New Delhi topped the list of hottest cities, recording 4,222 days above 35 degrees Celsius in the past three decades – more than any other city analyzed. In 2018, Seoul saw 21 days over 35 degrees Celsius — more than the previous 10 years combined. Beijing’s number of days over 35 degrees has increased by 309% since 1994. In October 2023, Jakarta experienced 30 consecutive days over 35 degrees Celsius — more days than during the entire period between 1994 and 2003.

Persons: –, ”, Tucker Landesman, there’s, “ We’ve, Kalyani Saha, “, Anthony Wallace, CNN he’d, Sagar, Young, Parveen Kumar Organizations: Hong Kong CNN, International Institute for Environment, Development, Egypt’s, “, Palace Museum, Beijing Meteorological Observatory, CNN, Getty, NGO Centre, Health Development India, Hindustan Times, Dartmouth Locations: Hong Kong, Asia, Buenos Aires, Argentina, Paris, Egypt’s Cairo, Beijing, China, Southeast Asia, India, New Delhi, Delhi, Lajpat Nagar, South East Delhi, Seoul, AFP, Jakarta, South Korea, rehydrate, Gurugram

☆ Analysis, fits for all 58 NBA Draft picks from John Hollinger and Sam Vecenie
▼ + stars: | 2024-06-26 | by ( John Hollinger | Sam Vecenie | ) www.nytimes.com time to read: +109 min

He’s going to be a killer rebounder, monster screener and will consistently establish his position even against some of the stronger NBA players. I’m done doubting Edey, even as an NBA player. As an enormous ballhandler with serious touch and incredible vision as a passer, Topić is clearly an NBA player, even if it doesn’t all translate. Shannon is an elite athlete, but the NBA game requires more nuance, especially if he continues to be an inconsistent shooter. However, I also think he’s more than just a floor spacer on offense in spot-up situations and potentially as an off-ball scorer.

Persons: Read Sam Vecenie’s, Sam Vecenie, John Hollinger, Zaccharie Risacher, Zaccharie, Risacher, he’s, he’d, —, Saddiq Bey, De’Andre Hunter, Jalen Johnson, Dejounte Murray, Alexandre Sarr, Chet Holmgren, Victor Wembanyama, Myles Turner, Wembanyama, Holmgren, Nic Claxton, Kyle Kuzma, Flagg, Reed Sheppard, Sheppard, Sheppard isn’t, he’ll, Lonzo, Tyrese Haliburton, savants, Houston couldn’t, He’s, Donovan Clingan, Ron Holland, Holland, haven’t, don’t, Aaron Gordon, Cade Cunningham, Trajan Langdon, Tidjane, it’s, Mark Williams, Miles Bridges, Jarrett Allen, Deandre Ayton, Clingan, Ayton, Robert Dillingham, Dillingham, Tyrese Maxey —, Maxey, Trae Young, Ja Morant, Morant, Young, Dennis Schröder, Mike Conley, Zach Edey, Edey, I’m, Joel Embiid, Zach Kleiman, It’s, Devin Carter, Matas, Cody Williams, Williams, isn’t, We’re, Buzelis, Patrick Williams, Nikola Topić, Nikola Djurišić, Topić, “ Vasa, Shai Gilgeous, Alexander, Carter, Carlton “ Bub ” Carrington, Bub Carrington, Carrington, White, Will, Kel’el Ware, Ware, doesn’t, Wood, There’s, Thomas Bryant, Orlando Robinson, Bam Adebayo, Philadelphia 76ers Jared McCain, Duke Vecenie’s, Jared McCain, McCain isn’t, Seth Curry, McCain, Dalton Knecht, He’ll, Knecht, Will Hardy, Erik Spoelstra, Tristan da Silva, Tristan da Silva’s, da Silva, Jett Howard, Da Silva, Johnny Furphy, Ja’Kobe Walter, Walter, Gary Trent Jr, Bruce Brown, Isaiah Collier, Scottie Barnes, RJ Barrett, Jaylon Tyson, Tyson, Yves Missi, Yves Missi’s, Clint Capela, Zion Williamson, Missi, Jonas Valančiūnas, Larry Nance Jr, DaRon Holmes, Holmes, Jaylin Williams, Zeke Nnaji, A.J, Johnson, Jackson, Giannis, Kyshawn George, Kyle Anderson, George, Washington, George ., Dadiet, evaluators, Tobias Harris, Harris, Dillon Jones, Jones, Cason Wallace, Lu Dort, Alex Caruso, Nikola, rebounder, Minnesota Timberwolves Terrence Shannon Jr, Terrence Shannon, Shannon, Bart Torvik’s, Buddy Hield, Jimmer Fredette, Chris Duarte, Ochai Agbaji, Matisse, Marshon Brooks, Quincy Pondexter, Lazar Hayward, Davon Reed, Carrick Felix, Orlando Johnson, Hield, Phoenix Suns Ryan Dunn, Ryan Dunn, I’ve, Herb Jones —, Dunn, Derrick Jones Jr, Herb Jones ’, Hollinger, Joanna Gaines, Utah Jazz Isaiah Collier, Collier, Kris Dunn, Baylor, Creighton Vecenie’s, Baylor Scheierman, closeouts, didn’t, Toronto Raptors Jonathan Mogbo, Francisco Vecenie’s, Jonathan Mogbo, Utah Jazz Kyle Filipowski, Kyle Filipowski, Kristaps, Nikola Jokić, Brook Lopez, Duke, Milwaukee Bucks Tyler Smith, Tyler Smith, Smith, let’s, AJ Johnson, Christian Wood, Bobby Portis, Tyler Kolek, Jalen Brunson, Antonio didn’t, Juan Núñez, Juan Núñez’s, Monte Morris, — Morris, McConnell, Sergio Rodriguez, Rodriguez, Núñez, Klintman, Ajay Mitchell, UC Santa Barbara Vecenie’s, Mitchell, Wells, wasn’t, Oso, Ighodaro, Nikola Vučević, Philadelphia 76ers Adem Bona, Adem Bona, Bona, Paul Reed’s, Charlotte Hornets K.J, Simpson, Simpson isn’t, AJ Griffin, Djurišić, Pelle Larsson, Pelle Larsson’s, Larsson, Duncan Robinson, Jamal Shead, Eric Bledsoe, Patrick Beverley, Shead, I’d, Kyle Lowry, Cam Christie, Christie, Nickeil Alexander, Walker, Max, Antonio Reeves, Reeves, He’d, Nate Duncan, hadn’t, That’s, Jordan Hawkins, San Antonio Spurs Harrison Ingram, Harrison Ingram, Ingram, Newton, Tristen Newton, . Indiana Pacers Enrique Freeman, Enrique Freeman, Paul, Millsap, Freeman, Melvin Ajinça, Quentin Vecenie’s, Ajinça, Trent, Cam Spencer, Spencer doesn’t, Spencer, Luke Kennard’s, Boston Celtics Anton Watson, Gonzaga Vecenie’s, Anton Watson, He’s switchable, Watson, James, Bronny James, that’s, Still, LeBron James, Kevin McCullar Jr, Kevin McCullar, Ulrich Chomche, Ariel Hukporti, Tristan Vukčević, Khalifa Diop, Karlo Matković, Marko Simonovic, Luke Hales Organizations: Hawks, Atlanta, Perth Wildcats, Defense, NBA, Wizards, Kentucky, Wildcats, UCLA, Tyrese, Iowa State, Stephon, Spurs, Ignite, League, Pistons, Deandre, Minnesota Timberwolves, 76ers, Dillingham, Purdue, IMG, intel, Grizzlies, Edey, Memphis, Colorado, Sunrise, Lithuanian GM, Bulls, Crvena Zvezda Vecenie’s, Mega, Red Star, doesn’t, Oklahoma City, Providence Vecenie’s, Sacramento, Kings, Washington Wizards, Blazers, Carlton, Pittsburgh, Indiana, Philadelphia 76ers, Duke, McCain, Philadelphia, Sixers, Tennessee, Lakers, NCAA Tournament, Baylor, Houston, Denver Nuggets, Suns, Dayton Vecenie’s, Nuggets, Denver, Ilawarra Hawks, Jackson, Bucks, Miami, New York Knicks, Ratiopharm Ulm, Knicks, Oklahoma City Thunder, Weber State, Golden State Warriors, Illinois, Wolves, Phoenix Suns, Virginia Vecenie’s, Alabama, Mavericks, Dallas, Utah Jazz, USC, Trojans, Jazz, Baylor Scheierman, Celtics, Hoop, Toronto Raptors, Francisco, Raptors, Brook, Utah, Milwaukee Bucks, Marquette, Mikal Bridges, . Indiana Pacers, SAS, Kansas, San Antonio Spurs, today’s NBA, Ratiopharm, Detroit Pistons, Cairns, UC Santa Barbara, Belgian, Thunder, Memphis Grizzlies, Washington, Washington State, Charlotte Hornets, Atlanta Hawks, G League, Rockets, Miami Heat, Arizona, SAC, Summer League, Minnesota, Pelicans, Clippers, New Orleans Pelicans, North Carolina Vecenie’s, Stanford, Ingram, Pacers, UConn, Akron Vecenie’s, Louisiana Tech, MAC, Dallas Mavericks, Saint, Boston College Vecenie’s, Boston College, Boston Celtics, Gonzaga, Los Angeles Lakers, G, NBA Academy Africa, NBA Academy, Melbourne United Locations: Zaccharie, Indiana, Washington, Kentucky, Iowa, Haliburton, Sheppard, Connecticut, San Antonio, Detroit, Portland, Dillingham, Minnesota, Memphis, Colorado, Lithuanian, Chicago, Oregon, Miami, Philadelphia, Tennessee, Utah, California, Atlanta, Orleans, Oklahoma, Dayton, Denver, Fla, Swiss, Dadiet, New York, Shannon, Kansas, Alabama, Virginia, Collier, Boston, Oklahoma City, Milwaukee, Marquette, He’s, Europe, Spain, Spanish, Ratiopharm Ulm, Núñez, NY, OKC, Arizona, Philly, Charlotte, ORL, North, Newton, Akron, Ajinça, Africa, DAL, Cleveland

The iShares U.S. Pharmaceuticals ETF (IHE) is up 9% since July 2015, when it hit a fresh all-time high. All of the back-and-forth movement since 2015 has produced what could be a monstrous bullish pattern. But we're trying to capture a major breakout from an area that's done next to nothing in nearly a decade. INVA, on the other hand, bottomed in March 2023, and just recently broke out of a large inverse head & shoulders pattern. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: IHE, Eli Lilly, Johnson, JNJ, MRK, Frank Cappelleri Organizations: U.S . Pharmaceuticals, IHE, Merck, CNBC, NBC UNIVERSAL Locations: U.S, LLY

☆ Nvidia, Apple, other tech giants flash weakness. Here are buy levels to consider as entry points
▼ + stars: | 2024-06-26 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

Apple and Alphabet pulled back to the support levels we highlighted and have since rallied strongly. As we can see, $400 served as a key support level three times early this year (the second black horizontal line). Here, we are again applying the polarity principle and using prior resistance as the new support level. We see that $166 has proven a key support level (the top black horizontal line) ever since that post-earnings breakout. Nvidia Potential entry points: $120, $110, and $100 Just below Tuesday's close, around $120, that's a battleground level (the top black horizontal line).

Persons: It's, we've, We're, it's, Jim Cramer's, Jim Cramer, Jim Organizations: Apple, Nvidia, Microsoft, Amazon, Big Tech, Club, Apple Intelligence, Developers, CNBC, NVIDIA, Publishing, Getty Locations: HANGZHOU, CHINA, Hangzhou city, Zhejiang province, China

☆ Elvis Presley’s actual blue suede shoes sell for $150,000 in auction
▼ + stars: | 2024-06-26 | by ( Catherine Nicholls | ) edition.cnn.com time to read: +2 min

London CNN —When Elvis Presley’s debut album took the charts by storm in 1956, “Blue Suede Shoes” was its opening track. Now, the King’s very own blue suede shoes have sold for the princely sum of £120,000 (around $152,000) after they went up for grabs at British auction house Henry Aldridge and Son on Friday. The shoes were bought by a client from California, Henry Aldridge and Son told CNN. That night Elvis gave me these blue suede shoes size 10 1/2. According to Henry Aldridge and Son, another iconic piece of music history was sold on the same day as Presley’s shoes.

Persons: Elvis Presley’s, ”, Henry Aldridge, Son, Presley, Steve Allen, Bush, Alan Fortas, Jimmy Velvet, Elvis Presley, Fortas, Elvis ’, Elvis, Freddie Mercury Organizations: London CNN, CNN, NBCU, Bank, Getty, US Army, Elvis Presley Museum, Son Locations: California, Memphis, Graceland

☆ Elvis Presley’s actual blue suede shoes are up for auction
▼ + stars: | 2024-06-26 | by ( Catherine Nicholls | ) edition.cnn.com time to read: +2 min

London CNN —When Elvis Presley’s debut album took the charts by storm in 1956, “Blue Suede Shoes” was its opening track. Now, fans have the opportunity to step into the King’s very own blue suede shoes as they go up for grabs at British auction house Henry Aldridge and Son – for an estimated £100,000 to £120,000 (around $126,000 to $152,000). The shoes have been authenticated by Jimmy Velvet, a close friend of Presley and the founder of the Elvis Presley Museum. “The night before Elvis’ army induction here in Memphis, Elvis had an all night party at Graceland,” the letter says, according to the auction site. That night Elvis gave me these blue suede shoes size 10 1/2.

Persons: Elvis Presley’s, ”, Henry Aldridge, Son –, Presley, Steve Allen, Bush, Alan Fortas, Jimmy Velvet, Elvis Presley, Fortas, Elvis ’, Elvis Organizations: London CNN, NBCU, Bank, Getty, US Army, Elvis Presley Museum, Son Locations: Memphis, Graceland

Here's an update on the chart in a breakout shoemaker that is giving Nike a run for its money. In May, I wrote about On Holding AG (ONON) ahead of its earnings with a buy recommendation. You'll notice that the stock popped on the week of May 14th following the earnings report above the 2023 highs of $36.90. Looking at the valuation, NKE is trading about 26 times 2024 expected earnings and 25 times 2025 expected earnings. DECK is ranging from 10% to 20% revenue growth from the same period last year and ONON is running from 20% to 33% revenue growth.

Persons: NKE, outperformance, ONON, Roger Federer, Todd Gordon, Gordon Organizations: Nike, Holding, Inside Edge, CNBC, NBC UNIVERSAL

☆ Will the Debate Be ‘Rah-Rah’ or ‘Ruh-Roh?’
▼ + stars: | 2024-06-24 | by ( Jess Bidgood | ) www.nytimes.com time to read: +1 min

It’s debate week! She has a plan for Thursday’s presidential debate between President Biden and former President Donald Trump — and a plan B if things go south. “Bingo might turn into a drinking game instead if things go badly.”Last week, I asked you all how you were feeling about the first 2024 general election debate. But many of you, like Lowe and her friends, want Biden to do well but worry he will slip up. Some described real despair about the prospect of seeing Trump on a debate stage once more.

Persons: — Jess Bidgood Laurie Lowe, Laurie !, Biden, Donald Trump —, ” Lowe, “ ruh, Lowe, Trump Organizations: Democratic, Biden, Trump, roh Locations: Atlanta, Florida, “

☆ App developers on OpenAI's new GPT Store are trying to make money. Here are some of the successful business models that have emerged so far.
▼ + stars: | 2024-06-24 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +8 min

Read previewSix months after OpenAI announced GPTs, developers are getting creative when it comes to making money with their applications. To some, the GPT Store drew comparisons to the early days of the App Store, Apple's marketplace for mobile applications that debuted in 2008 and ushered in the smart phone era and "app economy." However, multiple GPT developers walked Business Insider through how they're making money with their apps while waiting for formal monetization plans to become available. Advertisement"I think it will be good when OpenAI comes up with monetization integrated in the GPT Store," developer Vicente Silveira told Business Insider in an interview. Our bet is that the GPT Store will be the best way right now to position yourself to create."

Persons: —, OpenAI, monetization, Vicente Silveira, Silveira, Karthik Ramasamy, Silveria, Ramasamy, It's, Ai Drive's, Ai, Claude —, Charly AI, they've, GPTs, it's Organizations: Service, Business, Google, LinkedIn, Big Tech, Humanizer, BI, Charly Locations: Amsterdam, GPTs, San Francisco

☆ The market is in the midst of a summer rally, says Bank of America's Stephen Suttmeier
▼ + stars: | 2024-06-24 | 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 EmailThe market is in the midst of a summer rally, says Bank of America's Stephen SuttmeierStephen Suttmeier, BofA Securities chief equity technical strategist, joins 'Squawk Box' to discuss the latest market trends, what he's watching in the charts, and more.

Persons: America's Stephen Suttmeier Stephen Suttmeier Organizations: America's, BofA Securities

☆ Tesla setting up for a counter-trend rally, according to the charts
▼ + stars: | 2024-06-24 | by ( Will Tamplin | Fairlead Strategies | ) www.cnbc.com time to read: +7 min

However, our technical indicators suggest a bigger counter-trend rally could be in store for TSLA in the weeks ahead. Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.

Persons: TSLA Organizations: Nvidia, TSLA, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities Locations: TSLA

☆ Top Wall Street analysts recommend these stocks for the long haul
▼ + stars: | 2024-06-23 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Against that uncertain backdrop, Wall Street analysts are focused on identifying stocks with solid fundamentals and strong long-term growth prospects. In that climate, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Finally, Feinseth mentioned Microsoft's strong financial position, which supports enhanced shareholder returns and enables investments in the company's AI ambitions. The company's Zscaler Zero Trust Exchange platform securely connects users, devices and applications by protecting them from cyberattacks and data loss. Following the Zenith Live 2024 event, Baird analyst Shrenik Kothari reaffirmed a buy rating on Zscaler stock with a price target of $260.

Persons: Kevin Scott, TD Cowen, Helane Becker, Becker, TipRanks, OpenAI, Ivan Feinseth, Feinseth, Baird, Shrenik Kothari, Zscaler, Kothari Organizations: Microsoft, Technology, Artificial, Seattle Convention Center, Federal Reserve, Street, Delta Air, Delta Air Lines, DAL, Delta, Activision Blizzard, Zero, Zenith Locations: Seattle, Seattle , Washington, Toronto, Delta

☆ Chart Master: What charts reveal about momentum stock fever
▼ + stars: | 2024-06-21 | 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 EmailChart Master: What charts reveal about momentum stock feverCarter Worth, Worth Charting, joins 'Fast Money' to talk the technical indicators in momentum stocks.

Persons: Carter Worth

☆ Instagram and TikTok are chasing after 'close friends' as the social web goes private
▼ + stars: | 2024-06-20 | by ( Sydney Bradley | Dan Whateley | ) www.businessinsider.com time to read: +4 min

Read previewThere's a new app that promises to connect you with your closest friends — only this time, it's coming from TikTok. The app, dubbed Whee, pitches itself as a platform to "keep you connected with your close friends through life's spontaneous moments." Whee's arrival on the charts — it's 27th among social-networking apps in Apple's App Store, outranking Skype and Signal — comes as Instagram is also leaning into features for close friends. After spending years leaning into influencer content, to the chagrin of some users, the big social platforms are betting big on close friends. But as the platforms prioritized creator-made content, like on Instagram reels, everyday users' content seemed to take a back seat.

Persons: —, Snapchat, They're, Mervana Parekh, Nathan Sharp, influencers, Adam Mosseri, YouTubers Colin, Samir, Mosseri Organizations: Service, Android Police, Business, Skype, Acrew, Retro Locations: TikTok

☆ The Housing Market Is Weird and Ugly. These 5 Charts Explain Why.
▼ + stars: | 2024-06-20 | by ( Ben Casselman | ) www.nytimes.com time to read: +1 min

Higher rates made homes harder to afford, but Americans still wanted to buy them. The result is a housing market that is different, and stranger, than the one described in economics textbooks. And some seem perched on a precipice, at risk of tumbling if rates stay high too long or the economy weakens unexpectedly. People who locked in low rates before 2022 have, in most cases, had their home values soar but have been insulated from higher borrowing costs. Those who didn’t already own, on the other hand, have often had to choose between unaffordable rents and unaffordable home prices.

Organizations: Federal Reserve

Search resuls for: "Charts"

25 mentions found