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Trump Media & Technology — The stock fell more than 13% following Tuesday's debate between majority shareholder former President Donald Trump and Democratic Vice President Kamala Harris. Novartis — U.S.-listed shares of the Swiss pharma company slipped nearly 2% on the heels of Bank of America's downgrade to hold from buy. Crypto stocks — Crypto stocks were dragged downward after the price of bitcoin fell slightly overnight, as crypto traders considered central bank policy in Japan . Morgan Stanley — The bank stock lost 1% following a downgrade at Goldman Sachs to neutral from buy. Solar stocks — Solar stocks rose as a group after Vice President Kamala Harris's performance at Tuesday's debate raised confidence in a Democratic victory at the U.S. presidential election.
Persons: Donald Trump, Kamala Harris, Rentokil, it's, bitcoin, Morgan Stanley, Goldman Sachs, Goldman, Morgan, Warren Buffett's Berkshire Hathaway, Kamala Harris's, — CNBC's Sean Conlon, Michelle Fox, Alex Harring, Yun Li, Sarah Min, Samantha Subin Organizations: Trump Media & Technology, Democratic, Trump Media, Nasdaq, GameStop, Novartis — U.S, Swiss pharma, of, Therapeutics, JPMorgan, Viking Therapeutics, Goldman, Bank of America, U.S, Clean Energy, SolarEdge Technology, Sunnova Energy Locations: North America, Japan
Lauren Sánchez spoke at the Forbes Power Women's Summit 2024 on Wednesday. She spoke about how her relationship with Jeff Bezos defines her to many people in the public. On Wednesday, Sánchez, 54, appeared at the Forbes Power Women's Summit 2024 to speak to Moira Forbes about her children's book and her philanthropic work with her fiancé, Jeff Bezos. But Sánchez also used the summit to address the fact that many people only associate her with Bezos. "I'm looking around and going, 'Whoa,' and it doesn't escape me that most of you know me as Lauren Sánchez comma Jeff Bezos' fiancée."
Persons: Lauren Sánchez, Jeff Bezos, Sánchez, , Moira Forbes Organizations: Forbes Power Women's, Service, Business Locations: Sánchez
Read previewGwyneth Paltrow is thinking about what she didn't know when she founded Goop. Gwyneth Paltrow speaks at the Forbes Power Women's Summit 2024. Paltrow said she became more successful when she let go of her "shame" about what she didn't know. In her conversation with Forbes, Paltrow touched on the brand's ever-evolving strategy, saying that "intention" keeps Goop centered. "We've been through a lot," Paltrow said.
Persons: , Gwyneth Paltrow, Forbes, Paltrow, Moira Forbes, Goop, Amanda Krause, I'm, Nobody's, We've, we've, we're Organizations: Service, Power Women's, Business, Forbes Power Women's Locations: New York
Trump Media & Technology – Shares slid more than 11% in the wake of the debate between Republican nominee Donald Trump and Democratic Vice President Kamala Harris . Dave & Buster's – The entertainment stock popped more than 13% after topping earnings estimates for the recent quarter by 15 cents a share. GameStop – The video game retailer's shares plunged more than 10% in premarket trading after the company reported a steep decline in sales. GameStop also announced an "at-the-market" stock offering of up to 20 million shares. Morgan Stanley – Shares of the major bank were down more than 1% after Goldman Sachs downgraded the stock to neutral from buy.
Persons: Donald Trump, Kamala Harris, Rentokil, Rollins, Dave, Buster's, Jefferies, Stocks, Coinbase, MicroStrategy, MARA, Morgan Stanley –, Goldman Sachs, Goldman, Morgan Stanley, , Alex Harring, Samantha Subin, Jesse Pound, Yun Li, Sarah Min, Tanaya Macheel, Michelle Fox Organizations: Trump Media & Technology, Republican, Democratic, Trump Media, GameStop, Williams, Sonoma, Jefferies, Novartis – U.S, Bank of America, Novartis, Viking Therapeutics, JPMorgan, MARA Holdings Locations: North America, Swiss, Japan
A judge in Georgia on Monday ordered actor and singer Tyrese Gibson jailed over failure to make child support payments. Gibson, 45, owed $73,525.73 in child support, according to the order. Court documents in the case indicate he is legally appealing having to pay $10,690 per month in child support, which is the same amount Gibson was paying in child support for another child from another relationship, according to court records. "Mr. Gibson has chosen not to abide by the court’s child support order and he was held in willful contempt now for the third time," Gleklen said. "He only paid full child support three times in 20 months.”Less than 10 minutes after the judge ordered Gibson jailed, his attorneys appealed the decision, Gleklen said.
Persons: Tyrese Gibson, Kevin M, Farmer, Gibson, , ” Gibson, Samantha Gibson, Samantha Lee, Samantha Gibson's, Adam Gleklen, Mr, Gleklen Organizations: Monday, Furious, NBC News, NBC Locations: Georgia, Fulton County, Fulton
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Mission Produce , Calavo Growers — Shares gained 20% after the avocado producer reported a year-over-year revenue increase of 24% for the fiscal third quarter. Calavo Growers advanced around 12% after the rival producer reported adjusted earnings of 57 cents per share in its fiscal third quarter. That is more than the 43 cents per share that analysts were expecting, according to FactSet. Oracle — Shares of the database software company surged more than 11% after a fiscal first-quarter beat on the top and bottom lines. For the fiscal second quarter, the company saw growth of 4% in preliminary consolidated same-store sales.
Persons: Russell Hutchinson, LSEG, Piper Sandler, Hewlett Packard, Rubrik, FactSet, Patterson, Gary Kelly, Bob Jordan, Alibaba, Daniel Pinto, — CNBC's Brian Evans, Samantha Subin, Lisa Kailai Han, Jesse Pound, Michelle Fox Organizations: Ally, Mission, Calavo, Calavo Growers, Oracle —, Oracle, Amazon Web Services, Hewlett Packard Enterprise, Hewlett, Juniper Networks, UTI, Southwest Airlines —, Elliott Investment Management, Hong, Reuters, JPMorgan Locations: U.S, Alibaba —, China, Hong Kong, Shanghai, Shenzhen
Taylor Swift and Travis Kelce just wrapped a whirlwind weekend of dates. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTo the delight of Swifties and NFL fans, Travis Kelce and Taylor Swift seemed to be everywhere last week. On Thursday, Swift attended the NFL season opener, supporting Kelce as the Kansas City Chiefs beat the Baltimore Ravens.
Persons: Taylor Swift, Travis Kelce, , Swifties, Swift, Kelce Organizations: Service, NFL, Kansas City Chiefs, Baltimore Ravens, Business Locations: New York
On Tuesday, Lauren Sánchez appeared on "Good Morning America" to promote her children's book. Sánchez was not diagnosed with dyslexia until a community college teacher helped her. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On Tuesday, Sánchez appeared on "Good Morning America" to promote her children's book, "The Fly Who Flew to Space," published by Simon & Schuster.
Persons: Lauren Sánchez, Sánchez, , Simon, Simon & Schuster, Flynn Organizations: Service, Simon &, Business
The company said the wireless headphones will double as clinical-grade over-the-counter hearing aids for those who need them. But over-the-counter hearing aids like these aren’t always the solution for hearing loss. Over-the-counter hearing aids, such as Apple’s offering, also are not a treatment for “severe or profound” hearing loss, according to the FDA. If it can also serve as a hearing aid, I think that’s really exciting.”Apple’s announcement was applauded by some hearing aid users on social media, as well. But many noted one clear advantage traditional hearing aids have over AirPods: Hearing aids have battery life measured in days, not hours.
Persons: Apple, , Sumbul Ahmad Desai, Desai, Barbara Kelley, ” Kelley, Kelley, “ There’s, Organizations: CNN, Food and Drug Administration, FDA, Apple, American Heart Association, of America Locations: United States, Germany, Japan
Apple 's high stakes September launch event left some Wall Street analysts feeling unsettled. The largest company in the U.S. announced a host of new products Monday at its California headquarters, including a new Apple Watch, AirPods and the highly anticipated iPhone 16 that harnesses AI tools called Apple Intelligence. The delayed AI launch also creates uncertainty for sales volumes over the next two quarters, Long added. UBS analyst David Vogt viewed the event as "anticlimactic," adding that Apple offered no "killer" AI application. Elsewhere, Piper Sandler's Matt Farrell reiterated his neutral rating and $225 price target, noting that a slow rollout of Apple Intelligence could actually hamper enthusiasm for the features.
Persons: Tim Long, Apple, Long, Bernstein's Toni Sacconaghi, David Vogt, Wells, Aaron Rakers, Samik Chatterjee, MoffettNathanson's Craig Moffett, Tim Cook, Piper, Matt Farrell, Brandon Nispel Organizations: Apple, U.S, Apple Watch, Apple Intelligence, Barclays, UBS, Beta Locations: California, China, Europe
Mission Produce — The avocado producer surged 21.6% after reporting revenue for the fiscal third quarter jumped 24% from a year ago. The company reported sales of $324 million, compared with $261.4 million in the same three-month period one year before. Boot Barn — Shares rose 6% after the Western-style retailer provided an update on its recent performance ahead of a Piper Sandler Growth Frontiers Conference presentation. Boot Barn announced preliminary consolidated same-store sales growth of 4% in its fiscal second quarter. Johnson Controls International — Shares rose nearly 2% after JPMorgan upgraded the stock to buy from neutral.
Persons: Piper Sandler, LSEG . Patterson, Alibaba, Morgan Stanley, Wells Fargo, , Samantha Subin, Sean Conlon, Lisa Kailai Han, Jesse Pound, Yun Li, Scott Schnipper Organizations: Growers, Oracle, LSEG, Apple, Hewlett Packard Enterprise, Juniper Networks, Revenue, UTI Energy, Hong, Reuters, Johnson, JPMorgan, Anheuser, Busch Inbev SA, Equity Locations: California, U.S, Alibaba —, China, Hong Kong, Shanghai, Shenzhen, Wells
People walk past an Apple store in the Americana at Brand shopping center on December 26, 2023 in Glendale, California. Apple Intelligence — the collective brandname for all of Apple’s own AI tools — is intended to be more of a personal assistant than anything else. What about your data: Since Apple Intelligence and ChatGPT will be used for largely different purposes, the amount and type of information users send to each AI may be different, too. While Apple users will have to send their personal information and AI queries to OpenAI if they want to use ChatGPT, Apple has said that most of the time Apple Intelligence won’t be sending user data anywhere. As much as possible, Apple will try to process AI prompts directly on your device using smaller AI models.
Persons: Mario Tama, you’ve, ChatGPT, Siri, Apple Organizations: Apple, Brand, Apple Intelligence Locations: Glendale , California
Abridge: AI transcription for doctors and providersMarisa Bass (left) is a principal at Primary, and Shravan Narayen is a partner at IVP. Primary; IVPStartup: AbridgeRecommended by: Marisa Bass, Primary Venture Partners; Shravan Narayen, IVPRelationship: Primary has no financial interest in Abridge. IVP is an investor in Abridge. Total funding: $212.5 millionWhat it does: Abridge's generative AI tech transcribes patient-doctor interactions and documents those visits in electronic health records. Narayen and Bass highlighted Abridge's partnership with EHR giant Epic, which could help the startup gain more traction with hospitals this year.
Persons: Marisa Bass, Shravan, Abridge, Bass Organizations: IVP, Primary Venture Partners Locations: Abridge
Both the iPhone 16 and the iPhone 16 Pro will be available for pre-order on Friday and in stores on September 20, Apple announced. They’re also available in two sizes: 6.1 inches for the iPhone 16 and 6.7 inches for iPhone 16 Plus. IPhone 16 ProThe new iPhone 16 Pro. From AppleThe iPhone 16 Pro, Apple’s higher-end iPhone, features even more AI features than the iPhone 16. Price: The new Apple iPhone 16 Pro will cost $999 and the iPhone 16 Pro Max will be $1,199, the company announced Monday.
Persons: Dan Ives, Wedbush, haven’t, Apple, ” Craig Federighi, Siri, Erica, ultramarine, Max, AirPods Organizations: CNN, Apple, Apple Watch, Apple Apple, Apple Intelligence, Pro, US Food and Drug Administration, Apple Watch Apple
CNN —It was the years-long cruise that was supposed to set sail, but saw its departure postponed… postponed… and postponed again. However, there’s one crucial difference between Life at Sea and Villa Vie Residences, the company attempting the 3.5-year cruise: Villa Vie has a ship. This meant the certifications had expired – and instead of simply renewing them, Villa Vie was obliged to start from scratch. Olsen cruise ship. ‘Not what we were expecting’Angela and Steve Theriac have been traveling around Europe while waiting to set sail.
Persons: , , , Lanette Canen, Johan Bodin, Bodin, “ We’re, we’ve, “ It’s, We’ve, Peter Morrison, Villa, Mike Petterson, Petterson, , Fred, Olsen, Villa Vie, “ Fred, DNV, Samantha Stimpson, ‘ We’ve, , Maureen O'Hare, Fran Paroissien, she’s, Paroissien, I’ve, we’d, he’d, ” Micky Murray, “ They’re, I’m, Bonny Kelter, ” Kelter, “ We’ll, ’ Angela, Steve Theriac, Angela, it’s, “ We’ve, that’s, We’re, They’ve Organizations: CNN, Sea Cruises, Residences, Olsen Cruises, Hawaii –, Canen, Edinburgh, Sweden –, Villa Vie, Survey, Braemar, Olsen Cruise Lines, Villa, Vie, , Midlife, Liverpool Locations: Belfast, Northern Ireland, Braemar, Fred, Hawaii, Stirling, Scotland, Glasgow, Europe, Sweden, , Melbourne, Australia, Canary, Seychelles, Liverpool, Edinburgh, Spain, Denmark, Dublin, Nicaragua
The US Open is having a moment
  + stars: | 2024-09-07 | by ( Samantha Grindell | ) www.businessinsider.com   time to read: +7 min
With nearly one million people attending the tournament in 2023, the US Open has long been popular. AdvertisementThe US Open is New York's event of the seasonThe US Open has been a celebrity hot spot for years. Chris Ivery, Tony Goldwyn, Bellamy Young, and Shonda Rhimes attend the US Open in August 2024. "The culmination of having beloved brands like Aperol at an iconic event like the US Open makes the experience a 'can't miss' event for the summer season, and it only gets more exciting every year we are there," Sengara added. Tennis is having a momentThough the US Open feels like a new level of cool for tennis, the sport has been gaining cultural capital for some time now.
Persons: , influencers, Tony Goldwyn —, Ellen Pompeo, Shonda Rhimes, Chris Ivery, Tony Goldwyn, Bellamy Young, Vera Wang, Anna Wintour, Serena Williams, Alicia Keys, Calum Beedling, Beedling, Williams, Nick Mautone, Mautone, Chandon, Phoebe Dynevor, Cameron Fuller, David Kenas, Carmelo Anthony, Jessica Biel, Enzo Gouedar, Gouedar, Questlove, Sophie Fritz, Aperol, Andrea Sengara, Campari, Sengara, Ariana Grande, Dalton Gomez, There's, Naomi Osaka, Yoon Ahn, TIMOTHY A, CLARY Organizations: Service, Gotham, Brands, US, Tiffany, Wimbledon, Nike, New York Times Locations: New York, Queens , New York, Chambord, Moët's
CNN —Apple excited fans with its vision for its “Apple Intelligence” artificial intelligence system earlier this year. Apple faces immense pressure ahead of the event to prove the new AI features and other iPhone 16 updates are worth shelling out for an upgrade. Subplot or main character, here is everything we’re expecting from the Apple event. The company’s task on Monday will be to show iPhone users what that will look in real life. A major question heading into Monday’s event is how Apple will price the iPhone 16 lineup.
Persons: Ming Yeung, Dan Ives, Wedbush, ” D.A, Davidson, Gil Luria, Siri, ” Luria, , Tiffany, Tiffany R, you’ll, Luria, Aly Song, , , Mark Gurman, CFRA Research’s Angelo Zino, Gurman, Samantha Kelly, Ramishah Maruf Organizations: CNN, Apple, Apple Intelligence, Apple Watch Locations: Milan, Italy, , Shanghai, China
The world just endured the hottest summer on record
  + stars: | 2024-09-06 | by ( Sam Meredith | ) www.nbcnews.com   time to read: 1 min
The summer of 2024 was the hottest on record, according to the European Union’s climate monitor, extending an alarming run of temperature records that has put the planet firmly on course to notch its hottest year in human history. The EU’s Copernicus Climate Change Service (C3S) said on Friday that the global average temperature for the boreal summer, which refers to the Northern Hemisphere’s June through August period, was the highest on record. The summer months were found to be 0.69 degrees Celsius above the 1991-2020 average for the June-August period. It surpasses the previous record from June-August last year, which was 0.66 degrees Celsius above the average baseline. Samantha Burgess, deputy director of C3S, said the world had experienced the hottest June and August, the hottest day on record and the hottest boreal summer on record in the space of just three months.
Persons: Samantha Burgess, C3S Organizations: Northern
Taylor Swift attended the Kansas City Chiefs game on Thursday to support Travis Kelce. AdvertisementFootball is back, and so is Taylor Swift. Throughout the 2023-24 season, she often wore Chiefs gear or custom clothing that featured Kelce's number, 87. AdvertisementBut at Thursday's game, Swift seemed to fully embrace her WAG status, arriving in designer clothes and high-end jewelry. AdvertisementThe most expensive piece Swift wore was the Ruby Impetus interlocking puzzle ring from Retrouvai.
Persons: Taylor Swift, Travis Kelce, Versace, , Swift, Kelce, Joseph Cassell Falconer, David Eulitt, Giuseppe Zanotti, Louis, It's, Bergdorf Goodman, retails, Randi Molofsky, Falconer, Taylor, Molofsky, it's, Lizzie Mandler, Kendall Junck Organizations: Kansas City Chiefs, Service, Baltimore Ravens, NFL, Arrowhead, Chiefs, Ravens, Louis Vuitton, TNT Locations: Kansas City , Missouri
The summer of 2024 was the hottest on record, according to the European Union's climate monitor, extending an alarming run of temperature records that has put the planet firmly on course to notch its hottest year in human history. The summer months were found to be 0.69 degrees Celsius above the 1991-2020 average for the June-August period. It surpasses the previous record from June-August last year, which was 0.66 degrees Celsius above the average baseline. Samantha Burgess, deputy director of C3S, said the world had experienced the hottest June and August, the hottest day on record and the hottest boreal summer on record in the space of just three months. "This string of record temperatures is increasing the likelihood of 2024 being the hottest year on record," Burgess said in a written statement.
Persons: Samantha Burgess, C3S, Burgess Organizations: Northern Locations: Seoul
Check out the companies making headlines in premarket trading: C3.ai — The technology stock tumbled 19.2% after posting weaker-than-expected subscription revenue during the company's fiscal first quarter. C3.ai posted $73.5 million for the top line, while analysts polled by FactSet had penciled in $79.2 million. JetBlue said to expect somewhere between a loss of 2.5% and a gain of 1% relative to the same period a year ago. Verint earned an adjusted 49 cents per share on $210 million in revenue, while analysts surveyed by LSEG had anticipated 53 cents in earnings per share and $213 million in revenue. The company also announced it would be cutting 15% of its workforce and guided for fiscal third-quarter revenue much below analysts' forecasts.
Persons: FactSet, Tesla, Topgolf Callaway, Topgolf, Verint, LSEG, ChargePoint, Copart, Dick's, StoneCo, Morgan Stanley, , Samantha Subin, Lisa Han, Sarah Min Organizations: Verizon, Frontier Communications, Frontier, JetBlue —, JetBlue, Callaway, Hewlett Packard Enterprise, Systems, Management, Dick's, Goods, JPMorgan Locations: Europe, China
You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewLegal tech is having a moment in the spotlight, thanks in part to advancements in artificial intelligence. AdvertisementBusiness Insider has identified 15 legal tech startups that have raised the most funding from investors, via an analysis of PitchBook data. AdvertisementWe organized our list based on the total amount of VC funding each startup has received.
Persons: , AI, Harvey Organizations: Service, Business, Clio, Rocket Locations: London
Skyfire Systems just launched out of stealth and raised $8.5 million in seed funding. The startup lets AI agents make autonomous purchases on behalf of their users. Check out an exclusive look at the pitch deck the startup used to raise its seed funding round. A new startup is now tackling the next frontier in the space: using AI to make purchases on a user's behalf. The startup, Skyfire Systems, just emerged from stealth with $8.5 million in seed funding from financial firms Neuberger Berman, DRW, and Brevan Howard Digital.
Persons: , Neuberger Berman, DRW, Brevan Howard, Draper, Ripple Organizations: Skyfire Systems, Service, Arrington Capital, RedBeard Ventures, Crossbeam Venture Partners, Inception, Draper Associates, ARCA, Business Locations: Silicon Valley, EveryRealm
Justin and Hailey Bieber have welcomed their first child together. The “Stay” singer introduced his and the model’s baby with a sweet Instagram post on Aug. 23. “WELCOME HOME,” Justin Bieber captioned the photo, before sharing their baby’s name. A spokesperson for Hailey Bieber told NBC News at the time that the model was a little over six months pregnant. Before confirming that she was expecting her first child, Hailey Bieber faced several rumors that she was pregnant, dating back to at least 2022.
Persons: Justin, Hailey Bieber, ” Justin Bieber, “ JACK BLUES BIEBER, Hailey Beiber, Yves Saint Laurent, Usher, Kylie Jenner, she’s, “ I’m, Organizations: NBC News Locations: Hawaii, South Carolina
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