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CNN —As a youth mental health crisis persists in the US, a new report highlights a significant gap between the level of support that teenagers feel and the amount that parents think their children have. Parents responded to survey questions from trained interviewers, while children responded to survey questions online after their parents gave approval. “This suggests a systematic bias where parents consistently report higher levels of social and emotional support compared with their teenager’s perception, and in doing so may underestimate their teenager’s perceived need for social and emotional support,” the study authors wrote. And the new report shows that teens who did not feel that they always or usually had the support they need were significantly more likely to report a number of poor health effects than those who did feel supported. Two-thirds of teens who did not feel supported reported poor sleep, compared with about a third of those who did feel supported.
Persons: Jeffrey Arnett, , , Lisa Damour, ” Damour, Damour, Arnett, they’re, Dr, Sanjay Gupta Organizations: CNN, National Center for Health Statistics, Clark University, CNN Health
View at Amazon What we like Check mark icon A check mark. Ability to review identified obstacles after cleaningCheck mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at AmazonThe best Amazon Prime Day robot vacuum dealsAutomate your floor cleaning with one of the best robot vacuums. They're lightweight, and many of today's best cordless vacuum cleaners can rival even the most powerful uprights.
Persons: Dyson, Bissell, Miele, vacuums we've, We've, you've, vacuums, they've, iRobot, Roomba, we've, Decker, Smart, OmniForce Organizations: Business, Amazon, Samsung, Hoover, Prime, Kenmore, Dyson, Upright, Shark, Amazon LG, LG, Amazon Prime, nab, BISSELL Locations: iRobot, Eureka
JPMorgan highlighted Amazon as its best idea going into the second-quarter earnings season for technology stocks, followed by Uber and Google . JPMorgan analyst Doug Anmuth wrote that the Wall Street bank remains bullish on larger players in the industry, for now. The analyst highlighted Amazon as his favorite stock for the near and long term. Amazon stock has gained 27% this year. "Google remains focused on innovation, and we continue to believe there is healthy runway across Search and YouTube ads as AI drives higher ROI & TV dollars shift online," the analyst wrote.
Persons: Uber, Doug Anmuth, Anmuth, Michael Bloom Organizations: JPMorgan, Google, Amazon Web, Costco, YouTube
Leaders of the Democratic National Committee are moving swiftly to confirm President Biden as his party’s presidential nominee by the end of July, according to four people briefed on the matter who insisted on anonymity to discuss the sensitive deliberations. The move would formalize Mr. Biden as the nominee at a moment when Democrats are torn over whether he should run again after his poor debate performance. Since May, he has been set to be confirmed through a virtual roll call, weeks before the Democratic National Convention in August. But as Mr. Biden faces persistent doubts from within his party, some delegates involved with the behind-the-scene bureaucratic process are eager to end the public conversations about his future that are unfolding during a fiercely contested campaign.
Persons: Biden Organizations: Democratic National Committee, Democratic National Convention
CNN —Natalie Portman is not done fangirling for Rihanna. As they embraced, and Portman told the singer, “I love you!”“I am a f***ing fan,” Rihanna replied. The singer also told Portman she was “one of the hottest b**ches in Hollywood.”“I’m going to faint,” Portman told Rihanna. “I’m going to black out.”The Oscar-winner went on to tell Rihanna how she listens to her music all the time. Portman and Millepied are parents to son and daughter.
Persons: Natalie Portman, Rihanna, Portman, , ” Rihanna, ” Portman, “ I’m, , Jimmy Fallon, Benjamin Millepied, Mila Kunis, Millepied Organizations: CNN, Paris Locations: Hollywood
Charles Schwab – The financial services giant slid more than 10% following its second quarter results. Earnings for the second quarter were 83 cents a share, topping the 80 cents expected from analysts polled by LSEG. UnitedHealth – The stock popped 6.5% after the health insurance giant posted second quarter results that came in better than expected. PNC Financial – The bank stock jumped 4.7% after stronger-than-expected earnings for the second quarter. Rio Tinto said that its Pilbara iron ore production in the second quarter came in 2% lower compared to the year-ago period.
Persons: Charles Schwab –, LSEG, Morgan Stanley, Jefferies, FactSet, , Sarah Min, Lisa Kailai Han, Pia Singh, Jesse Pound, Michelle Fox, Darla Mercado Organizations: Group, Match Group, Bank of America, LSEG . Revenue, Revenue, PNC Financial, PNC, Rio Tinto –, Rio Tinto, U.S, Home, Federal Reserve, Toll, Builders, . Semiconductor, Nvidia, Devices, Broadcom, VanEck Semiconductor Locations: Rio, Rio Tinto – The
View at Amazon What we like Check mark icon A check mark. Poor edge supportSiena Memory Foam Mattress (Queen) $399.00 The softer-than-average firmness of the Siena Memory Foam Mattress makes it the ideal choice for side sleepers, especially those who overheat. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. May be too firm for someThe best Prime Day memory foam mattress dealsWe're seeing several outstanding deals on memory foam mattresses, including more than 40% off the Nectar Memory Foam Mattress, one of the best foam mattresses.
Persons: dissipaite, Casper, Serta, It's Organizations: Business, Amazon's, Clarks, Helix, Luxe, Amazon Prime, & $, & $ Locations: Casper, Siena
CNN —Lord Howe Island has the look of a destination ripe for overtourism, with verdant mountaintops, pristine white-sand beaches and clear-blue waters teeming with colorful fish. Atop the summit of Mount Gower – one of the most popular hiking trails on Lord Howe – sits a rare, endangered cloud forest. Beaches are just a few minutes’ walk or bike ride away from the guesthouses, making Lord Howe “the easiest holiday,” said Anthony Riddle, a sixth-generation islander who co-founded Lord Howe Island Brewing Company and Lord Howe Island Distilling Company. “We tell the story about what is it that’s special about Lord Howe Island. Sniffer dogsIan Hutton boating near Lord Howe Island.
Persons: Howe, , Lisa Makiiti, Lord Howe, Darcelle Matassoni, Lord, Makiiti, Bowker, Howe Island's Mount, Matteo Colombo, Dean Hiscox, that’s, ” Hiscox, Ian Hutton, David Attenborough, Hutton, it’s, Mount Gower –, Lord Howe –, Anthony Riddle, , you’re, Hiscox, they’re, ” Hutton, ” Makiiti, Riddle, There’s, ” Matassoni, ” Riddle Organizations: CNN, Bowker, UNESCO, Lord Howe, Board, Howe Environmental, Howe, Museum, Brewing Company, Australian National Maritime Museum, Residents, Sustainability, Islanders Locations: Australia, Sydney, Howe Island's Mount Gower, Mount, Howe’s, Howe
The United States is experiencing scorching new levels of heat fueled by climate change this summer, with dozens of people dying in the West, millions sweating under heat advisories and nearly three-quarters of Americans saying the government must prioritize global warming. But as the Republican Party opens its national convention in Milwaukee with a prime-time focus on energy on Monday night, the party has no plan to address climate change. While some Republicans no longer deny the overwhelming scientific consensus that the planet is warming because of human activity, party leaders do not see it as a problem that needs to be addressed. “I don’t know that there is a Republican approach to climate change as an organizing issue,” said Thomas J. Pyle, president of the American Energy Alliance, a conservative research group focused on energy. “I don’t think President Trump sees reducing greenhouse gases, using the government to do so, as an imperative.”
Persons: , , Thomas J, Pyle, Trump Organizations: Republican Party, Republican, American Energy Alliance Locations: States, West, Milwaukee
The US is still coming to grips with the assassination attempt on former President Donald Trump. In today's big story, we examine the scrutiny the Secret Service is facing and what former special agents are saying about the tragedy . But that's not to say the Secret Service has avoided controversy over the last 40-plus years since the Reagan shooting. Secret Service agents converge on former President Donald Trump onstage at his Pennsylvania campaign rally. AdvertisementUltimately, another former Secret Service agent said the entire event represents a failure for Trump's security detail , BI's Matthew Loh and Cameron Manley report.
Persons: , Donald Trump, Jenny Chang, Rodriguez, Joe Biden, Insider's Brent D, Griffiths, Katherine Tangalakis, Lauren Edmonds, Saturday, Ronald Reagan, that's, Reagan, Brent, Jabin, Thomas Matthew Crooks, BI's Rebecca Rommen, Crooks, BI's Laura Italiano, Kenneth Niemeyer, Matthew Loh, Cameron Manley, Trump, Corey Comperatore, Kirill Kudryavtsev, Yuriy Gorodnichenko, Goldman Sachs, Michael M, Tyler Le, Jensen Huang, Elon Musk, Sam Altman's, Altman, Rebecca Zisser, Mickey Mouse, Hannah Montana, David, Nvidia's Goliath, Dan DeFrancesco, Jordan Parker Erb, Lisa Ryan, Jack Sommers, Annie Smith, Amanda Yen Organizations: Service, Business, Secret Service, Washington, Getty, FBI, UC Berkeley, NDR, Nvidia, Elon, European, Swedish, Disney, YouTube, GOP, Convention Locations: Colombia, Pennsylvania, Trump, Russia, New York, London
Tesla 's massive rally might soon run out of steam, Wells Fargo warned investors in a new note. Analyst Colin Langan reiterated his underweight rating on the electric vehicle manufacturer, contrasting with Wall Street's bullish sentiment. TSLA YTD mountain TSLA YTD chart Langan attributed the rally to temporary optimism driven by better deliveries, the approval of Elon Musk's compensation package , hype around Tesla's robotaxi and technical factors. Retail interest likely surged in recent months, while professional investors took the opportunity to cover short positions or raise underweight holdings. "The stock rose ~40% (S & P +4%) over the last month, mostly driven by 'razzle-dazzle' headlines as most fundamentals remain weak," Langan wrote in a report entitled, "Will retail puppy love last?"
Persons: Tesla, Wells, Colin Langan, Langan, Elon, CNBC's Michael Bloom Organizations: Tesla
Shortly after the opening bell, we will be initiating a position in Advanced Micro Devices , buying 150 shares at roughly $184.35. Following the trade, Jim Cramer's Charitable Trust will own 150 shares of AMD, representing 0.80% of the portfolio. In his Sunday column, Jim called this the new reason to own AMD. 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, MI300X, Lisa Su, Su, , Ben Reitzes, Jim Cramer Organizations: Devices, AMD, Charitable Trust, Broadcom, VMWare, Oracle, Club, Microsoft, Micron, Taiwan Semiconductor Manufacturing Company, Nvidia, Silo, Melius, FactSet, IDC, Gartner, CNBC Locations: Europe, Wednesday's Homestretch
As the Republican convention opens on Monday, Democrats find themselves in a state of suspended animation and dread that the election could be tilting further away from President Biden. While there have been no new public calls from congressional Democrats for Mr. Biden to drop out since the assassination attempt on former President Donald J. Trump on Saturday, many in the party maintain grave concerns about the president’s ability to win. The last three weeks have been a cascade of fast-moving and damaging events for Mr. Biden. The shooting on Saturday complicated what Mr. Biden’s campaign believes is one of its most potent campaign messages: that Mr. Trump poses an immediate and active threat to American democracy. Mr. Trump’s in-the-moment response — the raised fist and bloodied face that instantly became a defining image — sent Democrats into yet another tailspin.
Persons: Biden, Donald J, Trump, Biden’s, Trump’s, Organizations: Republican, Mr, Sunday, Democratic
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 3, 2024. U.S. stock futures were slightly higher on Monday after the Dow Jones Industrial Average closed at a record high. The market also continued its rotation into small-cap stocks, with the Russell 2000 rising 1.8% during Monday's session. The Russell 2000 posted a 6% gain last week. Lee said that small-cap stocks look comparatively more oversold, with valuations even lower this time around.
Persons: Donald Trump, Russell, Tom Lee, Lee, Morgan Stanley, UnitedHealth, Charles Schwab Organizations: New York Stock Exchange, Dow Jones, Nasdaq, Dow, Republican, GOP, Fundstrat Global Advisors, Bank of America Locations: New York City, U.S
For Nvidia CEO Jensen Huang, being almost the only game in town for AI chips isn't enough. AdvertisementThe company also runs Nvidia Inception, an incubator and venture network that counts more than 20,000 early-stage companies among its membership. "I think it's crazy," said another founder whose company received investment from NVentures, who spoke on condition of anonymity. Any company trying to do anything major in AI has spent the past two years buying them by the truckload. AdvertisementHe says he's received personal calls from Huang in which the Nvidia CEO weighs in on company decisions or expresses disapproval of his public statements.
Persons: Jensen Huang, Chris Brown, Brown, Huang, Vishal Bhagwati, Sid Siddeek, Jensen, Umesh, Padval, Uber, Nvidia's, Lisa Su, he's, there's Organizations: Service, Nvidia, Business, Corporate, Cohere's, Google, AMD Locations: Silicon Valley, New York, NVentures, OpenAI
Trump Media & Technology — Shares jumped nearly 29% as investors reacted to Saturday's attempted assassination of former President Trump , which has fueled increased conviction of a Trump win in this year's presidential election. Trump Media is the parent of social media platform Truth Social. Sturm, Ruger & Company , Smith & Wesson — Shares of the firearm manufacturing companies rose after Saturday's shooting at Trump's rally. Sturm, Ruger & Company rose 7%, while Smith & Wesson jumped 10%. Coinbase , Marathon Digital — Crypto stocks moved higher as investors increased their bets on a Trump election win, which they expect will benefit cryptocurrencies.
Persons: Donald Trump, Wolfe, Saturday's, Trump, Sturm, Smith, Wesson, Goldman Sachs, Goldman, LSEG, Coinbase, MicroStrategy, Bitcoin, Morgan Stanley, Baxter, Tesla, — CNBC's Hakyung Kim, Sarah Min, Lisa Kailai Han, Michelle Fox Organizations: UnitedHealth, — Health, Humana, Wolfe Research, Republican, Trump Media & Technology —, Trump, Trump Media, Brigade, Ruger & Company, Smith, Wesson, Ruger, Company, Sunnova Energy, NextEra Energy, Marathon, Apple —, Apple, Bloomberg News, Baxter Locations: Arkhouse, India
Goldman Sachs — Shares slipped less than 1% after the bank posted a second-quarter earnings beat . Crypto stocks — Shares of bitcoin miners and cryptocurrency stocks rose as bitcoin and Ethereum popped more than 4%. Tesla — The electric vehicle stock rose 4%, building on a more than 25% gain so far this month. BlackRock — Shares rose 1.2%. The world's largest asset manager posted second-quarter adjusted earnings per share of $10.36, exceeding the LSEG consensus estimate of $9.93.
Persons: Donald Trump, Goldman Sachs, Goldman, LSEG, Coinbase, Tesla, AutoNation, Morgan Stanley, Baxter, — CNBC's Lisa Han, Hakyung Kim, Sarah Min, Jesse Pound, Pia Singh Organizations: Trump Media & Technology, Trump, Apple, Bloomberg News, Micro Computer, Walgreens, Alliance, Marathon, Technologies, Sunnova Energy, Energy, Stelco Holdings, CDK, Baxter Locations: India, Cleveland, BlackRock
“I will Never Surrender!” Mr. Trump wrote in a text message to supporters. And Mr. Trump is preparing to name his running mate and formally claim his party’s nomination for the third consecutive election. Vance of Ohio, who is on the shortlist of candidates that Mr. Trump is considering as a running mate, wrote on X. “An assassination attempt is contrary to everything we stand for as a nation,” Mr. Biden said. Mr. Trump had assured Malphine Fogel, who lives in Butler County, that he would help get her son home.
Persons: Donald J, Trump’s, Trump, Biden’s, Biden, , Mr, , Susie Wiles, Chris LaCivita, LaCivita, Doug Mills, Ronald Reagan, Melania Trump, Douglas Brinkley, Butler, ” Mr, Brinkley, “ Trump, Dan Crenshaw, Lara Trump, Kenny Holston, Donald Trump, J.D, Vance of Ohio, Lester Holt, Pramila Jayapal, Eric Lee, Nancy Pelosi, Gabby Giffords, Steve Scalise, “ It’s, Scalise, Mike Johnson, ” “ We’ve, Johnson, Christine Toretti, committeewoman, gee, Ms, Toretti, Malphine Fogel, Mike Kelly, ” Reid J, Epstein, Lisa Lerer Organizations: White, Republican National Convention, Trump, Washington, Republicans, New York Times, Rice University, , Republican, Republican National Committee, Trump . Federal, NBC, Congressional Progressive Caucus, Mr, Capitol, Arizona Democrat, Fox News, Louisiana Republican, Homeland Security, Pennsylvania Republican Locations: Pennsylvania, Delaware, New Jersey, Milwaukee, West Palm Beach, “ America, Butler , Pennsylvania, Texas, Trump ., America, Washington, San Francisco, Arizona, Louisiana, Butler County
CNN —Shannen Doherty, an actress who starred on the popular series “Beverly Hills, 90210” and “Charmed” and documented her nine-year battle with breast cancer, has died, according to her longtime publicist. “It is with a heavy heart that I confirm the passing of actress Shannen Doherty. The 'Beverly Hills, 90210' cast in 1991. Left to right: Ian Ziering, Tori Spelling, Shannen Doherty, Brian Austin Green, Jason Priestley, Jennie Garth, Gabrielle Carteris and Luke Perry. From L-R: Alyssa Milano, Shannen Doherty and Holly Marie Combs As Piper Halliwell.
Persons: CNN — Shannen Doherty, Shannen Doherty, , Leslie Sloane, , Bowie, Doherty, Heather Duke, Brenda Walsh, Prue Halliwell, Doherty’s, Father Murphy, Michael Landon, Jenny Wilder, ” Doherty, Ian Ziering, Tori Spelling, Brian Austin Green, Jason Priestley, Jennie Garth, Gabrielle Carteris, Luke Perry, Mark Sennet, Brenda, Aaron Spelling, Dylan McKay, Spelling, costars Alyssa Milano, Holly Marie Combs, Alyssa Milano, Piper Halliwell, costarred Perry, Michael Tran, CNN’s Nadeem Muaddi Organizations: CNN, People, Beverly, Elle Magazine, Getty Locations: Beverly Hills, Memphis , Tennessee, Los Angeles, Riverdale, , AFP
Insider Today: New status symbols
  + stars: | 2024-07-13 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com   time to read: +7 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Business Insider's docuseries, "Quiet on Set," just won the Television Critics Association Award for Outstanding Achievement in News and Information. AdvertisementAt least that's what Denver meteorologist Chris Bianchi told Business Insider's senior science reporter Morgan McFall-Johnsen. Markus Thoenen/Getty ImagesTen better getawaysIt's the busiest time in the travel season, and international travel is especially hot. AdvertisementMore of this week's top reads:The Insider Today team: Joi-Marie McKenzie, editor in chief of life, in New York.
Persons: , Dan Schneider's, it's, SEAN GLADWELL, Chris Bianchi, Morgan McFall, Johnsen, Bianchi, Morgan, Jenny Chang, Rodriguez, Markus Thoenen, Bianca Bagnarelli, Tyler Le, Abanti Chowdhury, Rashida Jones, Nicholas Cage's, Rebecca Zisser, Nordstrom cardholders, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan, Amanda Yen Organizations: Service, Television, Nickelodeon, Business, Denver, Getty, Apple, Max, Nordstrom, Amazon Locations: New, United States, Ticino, Switzerland, Italy, AirPods, Whitestrips, New York, New York City
Heading into November's U.S. presidential election, professional investors agree on one strategy — diversification remains key. Diversification to hedge tax rate risk FBB Capital Partners' Mike Bailey said that should former President Donald Trump win, his tax cuts might mean better overall prospects for equities. Bailey emphasized that while his investment strategy avoids predicting macroeconomic events and timing the market, Depending on the election's outcome, there could obviously be different results for investors, investors could find it helpful to look at the extreme outcomes of the election. He recommended diversifying across different asset classes, since higher tax rates could lead to downside in the equity market. "If tax rates change, I don't think bonds are going to move that much, so you're pretty safe on that side," he said.
Persons: Mike Bailey, Donald Trump, Bailey, Tesla, John Davi, we're, Davi, You've, it's, Kumar Organizations: November's U.S, Nasdaq, Federal Reserve, Dow Jones, CNBC Pro, Wall, Capital Partners, CNBC, Astoria, Komal, Sri, Kumar Locations: U.S, , China, Mexico
CNN —Ben Affleck and Jennifer Lopez have added a tiny bit of fuel to the fire surrounding their marriage. Affleck and Lopez purchased the home in 2023 for $60,805,000 after a well publicized two-year hunt for their dream house. Please know that I wouldn’t do this if I didn’t feel that it was absolutely necessary,” Lopez said at the time. Affleck and Lopez eloped in Las Vegas in 2022 and later held a lavish wedding ceremony attended by friends and family at Affleck’s sprawling estate outside of Savannah, Georgia. CNN has reached out to representatives for both Lopez and Affleck for comment.
Persons: CNN — Ben Affleck, Jennifer Lopez, Beverly Hills’s, Affleck, Lopez, , ” Lopez Organizations: CNN Locations: California, Crestview Manor, Las Vegas, Savannah , Georgia
Wells Fargo recorded $11.92 billion in net interest income, a key measure of what a bank makes on lending, below the $12.12 billion expected by analysts, according to FactSet. JPMorgan reported revenue of $50.99 billion, higher than the $49.87 billion analysts polled by LSEG had expected. Citigroup — The shares dropped more than 2% even after the bank reported better-than-expected profit as investment banking activity surged. Earnings per share came in at $1.52 for the second quarter, compared to $1.39 a share expected by analysts polled by LSEG. Fastenal — The stock rose 4.5% after the industrial company reported earnings for the second quarter.
Persons: Wells, Wells Fargo, LSEG, BTIG, Fastenal, Coco, Piper Sandler, Yun Li, Alex Harring, Samantha Subin, Lisa Han, Michelle Fox, Sean Conlon Organizations: JPMorgan —, JPMorgan, Citigroup —, LSEG, Revenue, Bank of New York Mellon, Citi, FactSet Locations: San Francisco, Snowflake
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInceptive CEO Jakob Uszkoreit on transformers and using AI to make new drugsBefore co-founding AI biotech startup Inceptive, Jakob Uszkoreit helped invent the transformer, the neural network architecture that underpins generative AI. As a researcher at Google in 2017, Uszkoreit was one of the eight authors of the seminal "Attention is All You Need" paper. Now, he's using generative AI to transform the way drugs are developed and how they work. CNBC's Katie Tarasov sat down with Uszkoreit to ask about how AI will shape the future of pharmaceuticals.
Persons: Jakob Uszkoreit, Uszkoreit, CNBC's Katie Tarasov Organizations: Google
Timoteo Benavidez: The retired Sante Fe Police Department lieutenant was the day shift command on the day of the 2021 shooting on the “Rust” set. When he checked the gun, Benavidez testified there were no rounds in it. The retired Sante Fe Police Department lieutenant was the day shift command on the day of the 2021 shooting on the “Rust” set. When he checked the gun, Benavidez testified there were no rounds in it. The detective at Santa Fe Sheriff’s Department testified for the prosecution, giving details oh how the director of “Rust” was treated for his injury.
Persons: Alec Baldwin, , Halyna Hutchins, , Baldwin, , Erlinda Johnson, Johnson, Hutchins, that’s, ” Johnson, Hutchins “, Alex Spiro, Harland Rust ., ” Spiro, Spiro, Nicholas Lefleur, Timoteo, Benavidez, armorer, Hannah Gutierrez Reed, Joseph Lujan, “ Rust ”, Marissa Poppell Organizations: , Santa Fe Sheriff’s Department, Sante Fe Police Department Locations: Mexico, Santa Fe
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