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☆ The ‘Sephora kid’ trend shows tweens are psyched about skincare. But their overzealous approach is raising concerns
▼ + stars: | 2024-03-12 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +9 min

Tweens gravitate to Sephora and Ulta for the same reason that adult shoppers do. Carlo Allegri/ReutersThe retinol products sold in beauty products stores, she said, are for mature skin of older consumers. The beauty products chain also operates several hundred smaller format Sephora stores inside of Kohl’s department stores. Jennifer O’Brien celebrated her twin daughters’ 12th birthday at an event held at a Sephora store in Long Island, New York. Jennifer O’Brien's treated her twin daughters to a skincare event for their birthday this year at a Sephora store.

Persons: New York CNN — Tweens, skincare, ”, Lauren Penzi, gravitate, “, Stacey Tull, Tull, “ Retinol, it’s, Carlo Allegri, Penzi, she’s, Ulta, tweens, She’s, ” Penzi, Moët Hennessy Louis Vuitton, Jennifer O’Brien, Jennifer O’Brien Ulta, O’Brien, Stanley, JC Penney, Jennifer O’Brien's, Jennifer O’Brien “, Gen Alpha, Sheryl Jorgensen Masowdi’s tween, Sheryl Jorgensen Masowdi, Masowdi Organizations: New, New York CNN, Gen Alpha, CNN, influencers, ”, Gen Locations: New York, Sephora, New York City, Missouri, Manhattan, United States, Long Island , New York

Eating regular, healthy meals, especially shared with loved ones , has also been linked with healthy aging, Thornton-Wood said. Strength training also helps minimize the loss of bone density, which is important for healthy aging, Worthington said. In particular, if you have a strong family history of heart disease, it's important to lay the foundation for a proactive heart health plan now." The American Heart Association recommends following the DASH diet , which stands for Dietary Approaches to Stop Hypertension, for heart health. AdvertisementShe said that giving up smoking is the single most important thing you can do for your heart health.

Persons: It's, —, Bryan Johnson, Elaine LaLanne, it's, Clare Thornton, Wood, Thornton, Luke Worthington, Worthington, Nicole Harkin, Harkin, Joanne Whitmore, Whitmore, Charles Puza, Puza, Dale Bredesen, Bredesen Organizations: Service, Business, Getty, Disease Control, Cardiology, American Heart Association, British Heart Foundation, American Academy of Dermatology, Buck Institute for Research, Aging Locations: Thornton, barre, San Francisco, New York, California

☆ Goldman Sachs says these names offer the best stock picking opportunities going forward
▼ + stars: | 2024-03-11 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Goldman Sachs said the stock market performance has been driven by company specific factors rather than the macroeconomic environment, and the Wall Street firm identified a host of names that it said offer the most attractive microeconomic setups. The investment bank used a so-called " dispersion score " for each S & P 500 stock to identify "the best stock-picking opportunities going forward." It's important to note that stocks with high dispersion scores reflect a large alpha opportunity , but not necessarily in one direction or the other, meaning a stock can have outsized outperformance or underperformance. Goldman found that among the 11 S & P 500 sectors, consumer discretionary and technology groupings offer the best stock picking opportunities based on their dispersion scores, while real estate and utilities have the lowest scores, hence less chance of generating alpha. Stocks with the highest dispersion scores in the benchmark stock index are Monster Beverage , DexCom , Akamai Technologies , Centene and Align Technology , according to Goldman.

Persons: Goldman Sachs, Goldman, David Kostin, — CNBC's Michael Bloom Organizations: Street, Monster Beverage, Akamai Technologies, Technology

☆ Sephora's success shows that people still want to treat themselves during tough economic times
▼ + stars: | 2024-03-09 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +2 min

Sephora's CEO said the company had benefited from the "lipstick effect," The FT reported. Sephora's CEO, Guillaume Motte, told The FT that its sales success, which is highlighted in LVMH's 2023 annual results, benefited from the "lipstick effect." In-store sales have driven Sephora's recent growth, Motte told The FT. In the annual results report, Arnault linked the company's growth to the "ever-growing popularity of Sephora's store concept worldwide." The US is Sephora's biggest market and "we are gaining market share there like crazy," Motte told The FT. Across North America, Sephora reached $10 billion in revenue in 2023.

Persons: LVMH, —, Guillaume Motte, Alpha, Gen Zers, Motte, Bernard Arnault, Jeff Bezos, Arnault, Sephora Organizations: Service, FT Locations: North America

☆ Pharmaceutical companies behind weight-loss drugs are slimming down a new target: The Magnificent 7
▼ + stars: | 2024-03-08 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at pharma companies' surging stocks and threatening tech darlings thanks to their weight-loss drugs. And it comes despite only 1% of US adults taking weight-loss drugs, according to Bank of America , which predicts that number could rise to 15% by 2035. Weight-loss drugs are also cutting more than just fat. For Wall Street, meanwhile, the equation is much simpler: Getting more people on weight-loss drugs boosts the economy. The trend, which will be powered by cash-rich mega-cap tech companies, is thanks to strong earnings growth, the bank said.

Persons: —, Joe Biden, Donald Trump —, Trump, Zhan, Eli Lilly, Tesla, Hannah Latham, Octavio Jones, Christian Rodriguez, Laura MacPherson, Jenny Chang, Rodriguez, they're, Goldman Sachs, Biden, Barry Sternlicht, Fernando Gutierrez, It's, Elon Musk, TikTok, Pete Ryan, RJ Scaringe, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, pharma, Business, Tesla, Microsoft, JPMorgan, Pfizer, Novo Nordisk, Bank of America, Nvidia, Companies, Fed, Infrastructure Investment, Alpha, Commission, Elon, EV, Nike, Congress, White, Meta, SXSW Locations: China, US, New York, London

☆ An old hedge-fund strategy is taking off again. Why hedge funds from multi-strats to new launches are ramping up their alpha capture efforts.
▼ + stars: | 2024-03-07 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +5 min

Alpha capture strategies take inputs from sources like human traders, market data, sell-side research, and more and then use a systematic process to create a portfolio that is efficiently sized and hedged. CenterBook uses trading data from dozens of external firms to create its portfolios, while Norias will create its book off the ideas of its fundamental analysts. Meanwhile, Man Group is building out an alpha capture team within its AHL unit's special strategies team, a recent job posting states, and Squarepoint is doubling its team, finding external managers for its buy-side alpha capture program. "It is a way for them to increase their capacity and take in more assets," said Kevin Lyons, senior investment manager at Abrdn, about the largest platforms growing their internal alpha capture capabilities. AdvertisementThe alpha capture OGIt can all be tied back to the success of the original mainstream alpha capture strategy: Marshall Wace's TOPS, which stands for Trade Optimized Portfolio System.

Persons: —, Marshall Wace, Doug Haynes, Norias, Basil Qunibi, Squarepoint quant Warren Touwen, Merrill Lynch, Squarepoint, Touwen, Kevin Lyons, Marshall, Anthony Clarke, Cameron Hight, Hight, it's, headhunter Organizations: Service, Business, CenterBook Partners, Research, Investors, AHL, TOPS Locations: Austin, Abrdn, London

☆ British politicians think they have a plan to combat Andrew Tate's influence in schools. It's doomed to fail.
▼ + stars: | 2024-03-01 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +6 min

Read previewBritish politicians have a plan to train young men in schools to be alternative influencer role models to controversial anti-feminist figure Andrew Tate. He's become an all-encompassing figure for young men who feel attacked by modern society and believe they have been left behind. Boys and young men idolize TateLiking manosphere creators doesn't directly mean someone will be violent toward women. Experts have expressed worry that the influence of Tate and other manosphere creators is deeply ingrained. AdvertisementThe ideological gap between Gen Z's young men and women is also widening, and these creators could be making it worse.

Persons: —, Andrew Tate, it's, Tate, He's, Bridget Phillipson, Cindy Marie Jenkins, Reddit, celibates, idolize Tate, manosphere, doesn't, Z's, Daniel Boscaljon, they've, Boscaljon, Krysten Stein, Stein, they're Organizations: Service, Business, Labour, Guardian, Tate, Boys, Healthy, Academy, BI Tate, University of Illinois Locations: Romania, Chicago

☆ Christie's just sold a Rothko painting for $100 million in a secret sale. Here are the details
▼ + stars: | 2024-02-29 | by ( Robert Frank | ) www.cnbc.com time to read: +2 min

Christie's auction house in New York. Auction house Christie's just sold a painting for more than $100 million, although the artwork, the buyer and the seller were officially kept a secret. In an interview with CNBC, CEO Guillaume Cerutti said Christie's sold a painting in January in a private sale with a price "in excess of $100 million," though the auction house declined to provide details. In a private sale, a work is brought for a possible sale to an auction house, which reaches out to its top clients and brokers a deal. Private sales have surged since the Covid-19 pandemic, as more and more collectors prefer discreet transactions outside the public eye.

Persons: Robert Frank, Guillaume Cerutti, Christie's, Mark Rothko's, Green, Dmitry Rybolovlev, Kenneth Griffin, Griffin, Ken Griffin, Scott Mlyn, Mark Rothko Organizations: CNBC, Citadel, CNBC's, Alpha, Private Locations: New York

☆ The US Navy's new floating base for Marines and Navy SEALs is named for a Vietnam war hero
▼ + stars: | 2024-02-28 | by ( Lauren Frias | ) www.businessinsider.com time to read: 1 min

The first of its nameDonald Trump presents the Medal of Honor to US Marine Corps retired Sgt. Maj. John Canley. Susan Walsh/APBorn in Caledonia, Arkansas, in December 1937, John Canley went on to enlist in the Marine Corps in 1953. He also took command for three days of Alpha Company, 1st battalion, 1st Marines after his company commander was wounded. He became the first Black Marine to receive a Medal of Honor while still living.

Persons: Donald Trump, John Canley, Susan Walsh, Canley Organizations: US Marine Corps, Marine Corps, Alpha Company, 1st, Marines Locations: Caledonia , Arkansas, Canley, Vietnam, of Hue City

☆ Meet the typical Midwest mover, a Gen Zer from California who's paying under $1,500 a month in rent
▼ + stars: | 2024-02-27 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

Many of these new residents are single Gen Zers, millennials, and students. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . For some, that's meant flocking to the Midwest, and its promises of cheaper living, more space, and friendly neighbors. While the initial pandemic bump in Midwest residents has slowed a little, its population level is still above pre-pandemic highs. Gen Zers, the oldest of whom are 27, make up the greatest percentage of movers, followed by millennials, topping out at age 43.

Persons: —, Gen Zers, millennials, Zers, Gen Xers, Gen Alpha, haven't, Redfin, Texans —, James McClure, Alcynna Lloyd, McClure, Lloyd Organizations: Service, Gen, Census, Midwest, Texans Locations: Midwest, California , Florida, Texas, East Coast, New York, Massachusetts, Wisconsin, Minnesota, Austin

☆ I'm in a wheelchair, and my wife is able-bodied. We have a satisfying sex life, and our relationship is equal.
▼ + stars: | 2024-02-27 | by ( Kelly Burch | ) www.businessinsider.com time to read: +4 min

Living with a disability isn't awfulMany people think living with a disability is a fate worse than death. And yet, while I have challenges, I also have a pretty great life, that's typical in a lot of ways. Yes, Hannah does most of the physical upkeep of my life (although I can help move heavy boxes better than you'd think). Caregiving builds intimacyA lot of people think Hannah's life revolves around caring for me 24/7. Our relationship looks different to what people are used to, so people feel entitled to comment on it.

Persons: Shane, Hannah Burcaw, Hannah, haven't, we've, we're, That's, caregiving Organizations: Service, Business, YouTube, SMA Locations: Pennsylvania, Minnesota

☆ Russia says Ukraine lost an M1 Abrams tank after it was picked up by a pervasive threat making battlefield movements a nightmare
▼ + stars: | 2024-02-27 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

AdvertisementRussia says that a US-made Abrams tank fell in Ukraine after it was picked up by a threat that has been a hassle for ground forces throughout the war. On Monday, photos and videos surfaced on social media of what appeared to be a damaged, burning Abrams tank. And numerous Soviet-era tanks on both sides of the war, as well as more modern Russian tanks, have also fallen to drones. AdvertisementThe American-made M1 Abrams was considered by experts and officials to be the strongest, most durable tank Ukraine had received from the West. Russia's claimed kill of an M1 Abrams tank comes just days after Ukraine published what it said was the first video of an Abrams tank in action.

Persons: Abrams, Vladimir Saldo's, Cpl, Justin T, Dmitry Peskov, They've, SERGEI SUPINSKY, Russia's Organizations: Business, Abrams, Armed Forces of, 15th Motorized Infantry Brigade, Vladimir Saldo's Telegram, Leopards, Marines, Alpha Company, 2nd Tank, M1A1 Abrams, US Marine Corps, Kremlin, Challenger, US, Ukraine, Army, Drones, Getty, US Army Pacific, 47th Mechanized Brigade Locations: Russia, Ukraine, Armed Forces of Ukraine, Avdiivka, Donetsk Oblast, Russian, Kherson, German, Lejeune, N.C, British, Kyiv, AFP

☆ This sector offers defensive and growth properties – along with some portfolio income
▼ + stars: | 2024-02-26 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +6 min

The health-care sector of the S & P 500 is up about 8% year to date, marking a sharp comeback from a largely flat 2023. Even as health care is making a comeback this year, investors shouldn't forget its defensive attributes. Back in 2022, when the S & P 500 fell 19.4%, the health-care sector slipped only 3.5% "When markets are challenged, health care can be a good place to be," Lyons added. Some of them speak to the growth aspects of health care and why you can play offense." Merger activity is another driver of growth in health care, as large pharmaceutical companies snap up nimble biotech firms that are at the forefront of developing treatments.

Persons: Dan Lyons, Janus Henderson, shouldn't, Lyons, ImmunoGen, Seamus Fernandez, Sotatercept, Cigna, Cantor Fitzgerald, Sarah James, Fred Imbert Organizations: Big Tech, . Healthcare, Janus, Janus Henderson Investors, U.S . Food, Drug Administration's Center, Drug, Research, FDA, Esai, Pharmaceuticals, CNBC Pro, Merck, Abbott Laboratories, AbbVie, CVS Health Locations: U.S

☆ Laken Riley: Vigil to be held for Augusta University student killed on UGA campus as a suspect remains in custody
▼ + stars: | 2024-02-25 | by ( Elizabeth Wolfe | ) edition.cnn.com time to read: +7 min

CNN —A vigil will be held Monday afternoon for Laken Hope Riley, an Augusta University nursing student who was found dead after jogging on the University of Georgia campus last week, as her suspected killer’s immigration status has drawn the scrutiny of Republican leaders. Riley, who was a UGA student until May 2023, was found dead Thursday near a lake on the university’s campus from blunt force trauma, according to UGA Police Chief Jeff Clark. Riley’s killing has left the University of Georgia to grieve two tragic deaths that occurred less than a day apart: Her body was discovered just hours after the death of a UGA student the previous night. The Monday afternoon vigil will be co-hosted by Riley’s Alpha Chi Omega sorority at UGA in remembrance of both of the dead students, the university said. Clark referred to Riley’s killing as a “crime of opportunity,” noting he believes the suspect acted alone.

Persons: Laken Hope Riley, Riley, Jeff Clark, Jose Antonio Ibarra, Ibarra, Clark, haven’t, ” Clark, outcries, Brian Kemp, Joe Biden, ” Kemp, Joe Biden’s, Mike Johnson, Riley’s, Biden, “, ” Jose Antonio Ibarra Clarke, Greg Abbott, Diego Ibarra, Peers, ’, ”, ” Riley, ” Laken Hope Riley, Lauren Phillips, “ I’m, LISTo, CNN’s Ashley R, Williams, Rebekah Riess, Priscilla Alvarez, Isabel Rosales, Jaide Timm, Garcia, Jamiel Lynch Organizations: CNN, Augusta University, University of Georgia, Republican, UGA, UGA Police, Investigators, GOP, Riley’s Alpha Chi Omega, Police, ” Police, Customs, Georgia Gov, Sheriff’s, Governors, Republican Texas Gov, Democratic, Biden, Pew Research, ICE, New York City, NYPD, US, Office, Middle, Middle District of Georgia, Augusta University College of Nursing, UAC, Facebook, of Nursing, Hispanic Student Association Locations: Venezuelan, Mexico, Middle District

Republican Senate candidate Kari Lake speaks at the Conservative Political Action Conference at the Gaylord National Resort Hotel and Convention Center on February 24, in National Harbor, Maryland. Anna Moneymaker/Getty ImagesArizona Senate candidate and close Trump ally Kari Lake geared up the CPAC crowd here Saturday ahead of former president Trump’s remarks later this afternoon. 1 alpha man in Donald J. Trump,” Lake said. Chants of “USA, USA, USA” broke out at one point during her speech. She encouraged voters to “get involved and help President Trump,” as well as her own Senate campaign in Arizona.

Persons: Kari Lake, Anna Moneymaker, Trump, Trump’s, ”, Donald J, “, We’re, USA ” Organizations: Conservative Political, Gaylord, Resort, Convention Center, Getty Images, Arizona Republican, Arizona, Trump Locations: National Harbor , Maryland, Getty Images Arizona, East, ”, USA, Arizona

☆ Fed's favorite inflation gauge looms next week — plus, what we want from 2 portfolio earnings reports
▼ + stars: | 2024-02-24 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Wall Street returned to its winning ways this week — and Nvidia 's blowout earnings report Wednesday night was a big reason why. Twenty-six of our 32 portfolio stocks have delivered their results this earnings season (we didn't own Abbott Labs at the time of its report). It was a muted week for macroeconomic data, but we did get a slightly better-than-expected January existing home sales report on Thursday. In the week ahead, two more Club names are set to report earnings before a market-moving economic update arrives Thursday morning. The two other reports of note are the January new home sales report on Monday and ISM Manufacturing report on Friday.

Persons: Dow, we'll, bode, We're, Li Auto, Krystal, Arcutis, MARA, Iovance, Goldman Sachs BDC, CRON, BUD, Papa, LEV, Ginkgo, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nvidia, Nasdaq, Dow Jones, Dow, Palo Alto Networks, Bausch Health, Coterra Energy, Abbott, Companies, TJX, Marshalls, TJX Companies, Berkshire Hathaway, Krystal Biotech, Alpha Metallurgical Resources , Inc, Fidelity National Information Services Inc, Animal Health, ELAN, Public Service Enterprise Group, Surgery Partners, BioCryst Pharmaceuticals Inc, Outdoor Holdings, Enlight Renewable Energy Ltd, Kosmos Energy, Playtika, Video Communications, TiRobot Corp, IRB, SBAC Communications Corporation, HEICO Corporation, FS KKR, Archer Aviation Inc, TransMedics, Sterling Construction Company, AES, Cruise Line Holdings, Lowe's Companies, American Electric Power Company, Bank of Nova, APLS Pharmaceuticals, Bank of Montreal, BMO, Devon Energy, Solar Inc, Technologies, Lab, Virgin Galactic Holdings, Splunk Inc, eBay, EBAY, Luminar Technologies, Agilent Technologies, G Foods, Masimo Corp, Baidu, Parts Inc, Icahn Enterprises, Viatris Inc, ACM Research, Golden Ocean Group, EMCOR, Industries, NRG Energy, Dycom, Editas, UWM Holdings Corporation, Vistra Energy, Marathon Digital Holdings, AMC Entertainment Holdings, Paramount Global, IonQ Inc, International, HP, Monster Beverage Corporation, Cronos, Birkenstock Holding, Anheuser, Busch InBev, Body, Brink's Company, Flags Inc, Papa John's, ACI, Hormel, Lion Electric Company, BlackRock TCP, Dole plc, DOLE, Fisker Inc, Dell Technologies, Ginkgo Bioworks Holdings, Autodesk, Green Brick Partners, Hewlett Packard Enterprise, Veeva Systems, INTTEST Corporation, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: New York City, U.S, Salesforce, Maxx, Bank of Nova Scotia, BlackRock, Cayman

☆ February full moon peaks this weekend
▼ + stars: | 2024-02-23 | by ( Taylor Nicioli | Ashley Strickland | ) edition.cnn.com time to read: +7 min

CNN —February’s full moon, known as the snow moon, is set to peak on Saturday, shining bright around the world in the night sky. It’ll just be a little bit smaller than your average full moon that you look up at.”The full moon phase occurs when the moon, Earth and the sun are in alignment, in that order. A total solar eclipse occurs when the moon passes between Earth and the sun, completely blocking the sun’s face. A total solar eclipse won’t be visible across the contiguous United States again until August 2044. A lunar eclipse, which causes the moon to look dark or dimmed, occurs when the sun, Earth and moon align so that the moon passes into Earth’s shadow.

Persons: CNN —, “ It’s, ”, Rachel Klima, “, ” Klima, Klima, “ We’re, Buck, Lyrids, Capricornids Organizations: CNN, Farmers, Johns Hopkins University Applied Physics, American Meteor Society, Taurids Locations: United States, Laurel , Maryland, Mexico, Canada, South America, Europe, North, East Asia, Australia, Africa, North America, Earth’s, Asia

☆ I was personal assistant to the billionaire founder of a secretive Wall Street firm. This is how I landed a meeting with him, from 10 personal reference calls to a 'Devil Wears Prada' interview moment
▼ + stars: | 2024-02-22 | by ( Carrie Sun | ) www.businessinsider.com time to read: +12 min

She has written a memoir about working for a secretive and wildly prestigious Wall Street hedge fund. Recruiters are one of the main gatekeepers for the hedge fund and private equity industries. I hadn't — but I had heard of Argon, a hedge fund that had long and widely been seen as financial royalty. A leading financial publication had called Carbon the world's hottest hedge fund. Another had named it one of the world's top-performing large hedge funds, ranking it among other hedge fund titans and their flagships, like Ray Dalio's Pure Alpha II and Ken Griffin's Citadel.

Persons: —, Carrie Sun, Sun, Beowulf Sheehan Yuna, Carrie, Yuna, Chang's, Meijer, Peter, Boone Prescott, He's, Peter glanced, Boone, Jen, you'd, Ruth, Maya, Warren Buffett, Ray, Ken Griffin's, Griffin, Anne Hathaway, Chanel Organizations: Service, MIT, New, Boone, Samsung, Ann Arbor ., College, Carbon, NYU, Alpha, Penguin Press Locations: China, Michigan, Jersey City, Kansas, Midtown, receptionists, Manhattan, Ann Arbor, United States, New York, New Jersey, Anhui, Barneys, Madison, America, Boone, Missouri

☆ China consumer confidence remains 'devastated': Portfolio Manager
▼ + stars: | 2024-02-22 | 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 EmailChina consumer confidence remains 'devastated': Portfolio ManagerBen Harburg, founder and portfolio manager at Core Values Alpha, explains what's behind China's "record high amount of household savings."

Persons: Ben Harburg, China's Organizations: China, Alpha

☆ How antimatter engines could fly humans to other stars in just a few years
▼ + stars: | 2024-02-22 | by ( Adam Barnes | ) www.businessinsider.com time to read: +8 min

AdvertisementInterstellar travel is only something humanity has achieved in science fiction — like Star Trek's USS Enterprise, which used antimatter engines to travel across star systems. "Annihilation of antimatter and matter converts mass directly into energy," Weed, cofounder and CEO of Positron Dynamics, a company working to develop an antimatter propulsion system, told Business Insider. Space travel at record speedProxima's star system, shown here, could be reached in just five years with antimatter-powered technology. For example, let's take a trip to our nearest star system, Proxima, about 4.2 light years away. And since the '80s, there's been talk of thermal antimatter engines, which would use antimatter to heat liquid, gas, or plasma to provide thrust.

Persons: Elon Musk, Ryan Weed, Weed, Brice, Maximilien, Gerald Jackson, Forbes, It's, Jackson, he's, Eugen Sänger, there's, Paul M, Sutter, Steve Howe, Howe Organizations: Enterprise, Dynamics, Southern, NASA, CERN, Fermilab, Hbar Technologies, Space, Alpha Locations: Switzerland, Austrian

☆ Gen Alpha says names like Amanda, Ashley, and Erica are the new 'old people' names
▼ + stars: | 2024-02-21 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +5 min

"The other day, my daughter told me the names Ashley or Amanda — or my name is Amber — are like old people names," Cimiotti said in her video. But as Scarlett pointed to her teachers and her friends' parents' names, Cimiotti realized she was right. AdvertisementPopular names have changed since millennials were childrenCimiotti's daughter's comments reflect changes to trending names since millennials were born. But since 2021, none of those names were even in the top 100 most popular names for babies, highlighting how parents' approach to naming has transformed in recent years. But names have always come in and out of styleMillennial parents may associate childhood with names like Ashley and Samantha.

Persons: —, Amber Cimiotti, Scarlett, Ashley, Amanda —, Amber —, Cimiotti, Erica, Samantha, Josh, Kyle, Tiffany, Where's Nancy, Frank, millennials, Cimiotti's, Amanda, Amber, Olivia, Emma, Alpha, Sophia, Amelia, I'd, Scarlett Johansson, Linda, Jennifer, Em, @emdoodlesandstuff Organizations: Service, Business, Social Security Administration, Social Security Locations: Chad, Charlotte

☆ The Nvidia trade looks crowded ahead of the chipmaker's earnings report, according to the charts
▼ + stars: | 2024-02-21 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

Nvidia has been awarded the flagship status of companies leading the artificial intelligence revolution, and all eyes turn to fourth-quarter earnings after the bell Wednesday. The expectations are massive compared to the same quarter last year — and even compared to last quarter's earnings. The massive gains in price reflect this historic growth and the question is will the chart continue its rally following earnings? On Jan. 9 , I wrote about NVDA breaking through the 2023 resistance zone of $500 with targets of $650 in the first half of this year, and $775 in all of 2024. Expectations are for earnings of $4.59 per share vs 88 cents in Q4 of '23 and $4.02 in Q3 of '24.

Persons: It's, Eli Lilly, Elliott, Gordon, NVDA Organizations: Nvidia, UBS, Elliott, Tactical Alpha, Edge

☆ Rivian stock falls as EV maker reports fourth-quarter results, announces 10% job cuts
▼ + stars: | 2024-02-21 | by ( ) www.cnbc.com time to read: +2 min

Rivian's cash and cash equivalents were $7.86 billion at the end of the December quarter, compared with $7.94 billion in the preceding three-month period. However, revenue for the October-December period stood at $1.32 billion, above Wall Street estimates of $1.26 billion, according to LSEG data. Rivian has been posting a loss on every vehicle it sells and expects to record its first quarter of positive gross margin later this year. The company's R2 platform, which is expected to be cheaper and smaller, is set to be unveiled early next month. The company reported a net loss of $1.52 billion for the fourth quarter ended Dec. 31, compared with a loss of $1.72 billion a year earlier.

Persons: Rivian, RJ Scaringe, Elon, shying, Tesla, Lucid Organizations: Visible, Tesla Locations: New York, Georgia

☆ NASA is looking for a crew to live inside a simulated Martian habitat
▼ + stars: | 2024-02-21 | by ( Ashley Strickland | ) edition.cnn.com time to read: +4 min

CNN —For anyone who has ever dreamed of living on Mars, NASA is seeking potential “Martians” for a simulated mission to the red planet. Inside Mars Dune Alpha, participants will grow crops, maintain their habitat, exercise, carry out robotic operations and go on simulated spacewalks. When it comes to selecting the CHAPEA crew, the agency has specific criteria in mind that aligns with how they select astronauts. Inside the habitat, the CHAPEA 1 crew conducts "Marswalks" (left) and grows crops using a system with appropriate lighting, water and nutrients for growing plants indoors. A series of Mars simulationsThe first CHAPEA mission, which began on June 25, 2023, is set to conclude on July 6.

Persons: Alpha, Kelly Haston, Ross Brockwell, Nathan Jones, Josh Valcarcel, “, ”, Anna Schneider Organizations: CNN, NASA, NASA’s, Space Center, Johnson Space Center Locations: Houston

☆ BHP half-year profit beats expectations, inflation impact recedes
▼ + stars: | 2024-02-20 | by ( ) www.cnbc.com time to read: +2 min

In this photo illustration, BHP logo of a multinational mining, metals and petroleum company is seen displayed on a smartphone in front of BHP Billiton logo. BHP Group on Tuesday logged first-half underlying profit that slightly beat analyst expectations, buoyed by strong iron ore prices, and said inflationary impacts were receding. BHP said underlying profit attributable to shareholders was $6.60 billion for the six months ended Dec. 31, unchanged from the previous year, but topping an LSEG estimate of $6.42 billion. It declared an interim dividend of $0.72 per share, compared with $0.90 per share a year earlier. Shares in BHP edged down 0.3% to A$45.91 amid a sour tone in resources stocks.

Persons: BHP Organizations: BHP Billiton, BHP Group, BHP, Citi Locations: China, India

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