DIRS.INFO The most relevant business & tech news

CNN —Special counsel Jack Smith on Friday released nearly 2,000 heavily redacted pages of documents in his 2020 election subversion criminal case against former President Donald Trump, revealing snippets of the evidence Smith relied on to charge the former president. The documents were released a day after Judge Tanya Chutkan rejected a bid by Trump to pause the release. Others include a myriad of claims of voter fraud during the 2020 election. The final volume includes memos from lawyer John Eastman with a plan for Pence to reject the congressional certification of the 2020 election. Prosecutors have charged Trump with four crimes stemming from his actions following his 2020 election loss, including conspiracy to defraud the United States and obstruction.

Persons: Jack Smith, Donald Trump, Smith, Trump, Mike Pence’s, “, let’s, Coke, I’m, Tanya Chutkan, ” Chutkan, What’s, Here’s what’s, Pence, didn’t, John Eastman, Trump’s, Chutkan Organizations: CNN, White, Republicans, White House, Trump, Capitol, Prosecutors Locations: Georgia, Trump, United States

☆ Why the stock market will drop 7% by mid-November, according to a technical analyst
▼ + stars: | 2024-10-18 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The stock market could face a 7% correction by mid-November, says Fundstrat's Mark Newton. AdvertisementThe stock market looks poised for a 7% correction by mid-November, according to technical analyst Mark Newton of Fundstrat. AdvertisementNewton is monitoring the 5,900 level on the S&P 500 as potential resistance for the index. The S&P 500 traded at around 5,850 on Friday. "This market has seemingly 'dodged a bullet' thus far during one of the historically worst periods during most election years.

Persons: Fundstrat's Mark Newton, —, Mark Newton of, Newton, Tom Lee's Organizations: Investor, Service, Equity, Technology, RSI Locations: Newton, Mark Newton of Fundstrat

☆ Bradley Tusk on potential Uber-Expedia acquisition: The company needs to keep expanding
▼ + stars: | 2024-10-18 | 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 EmailBradley Tusk on potential Uber-Expedia acquisition: The company needs to keep expandingBradley Tusk, Tusk Ventures CEO, joins 'Squawk Box' to discuss news of Uber considering a bid for travel booking company Expedia, antitrust concerns, impact of the 2024 election on the possible deal, and more.

Persons: Bradley Tusk Organizations: Tusk Ventures

☆ Watch CNBC's full interview with Procter & Gamble CEO Jon Moeller
▼ + stars: | 2024-10-18 | 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 EmailWatch CNBC's full interview with Procter & Gamble CEO Jon MoellerProcter & Gamble CEO Jon Moeller joins 'Squawk Box' to discuss the company's quarterly earnings results, sales growth outlook, weak China demand, impact of inflation on pricing strategies, strength of the consumer, and more.

Persons: Jon Moeller Procter, Jon Moeller Organizations: Procter, Gamble Locations: China

☆ Opinion | The 21 Slivers of America That Could Decide the Election
▼ + stars: | 2024-10-18 | by ( Patrick Ruffini | ) www.nytimes.com time to read: +7 min

Opinion Guest Essay The 21 Slivers of America That Could Decide the Election Sebastian Siadecki for The New York TimesIn almost every presidential battleground state, polling suggests something close to a dead heat between Kamala Harris and Donald Trump. For Ms. Harris and Mr. Trump, each could be a crucial building block in a winning swing-state coalition. In 2016, with Mr. Trump in the race, these areas began to march to national trends: Rural areas trended Republican, while Milwaukee’s well-off, close-in suburbs zoomed left. Still, loyalties remain potent in Wisconsin, from Democratic-leaning, ancestrally Scandinavian voters in the state’s rural west to middle-class suburban Republicans outside Milwaukee. Mr. Trump lost Nash County by just 0.2 points in 2020 and Wilson County by three points.

Persons: Sebastian Siadecki, Kamala Harris, Donald Trump ., Harris, Trump, Nate Silver’s, Joe Biden, Badger State . Arizona Battlegrounds, Mark Kelly, Biden, Trump’s, Patrick Ruffini Organizations: The New York Times, Pennsylvania, Keystone, Philadelphia, Democratic, Milwaukee —, Washington, Mr, Republican, Republicans, Milwaukee, Badger State, Senate, Northampton, “ Party of, Populist Coalition Locations: America, Pennsylvania, Appalachia, Philadelphia, Philadelphia’s, . Wisconsin, Wisconsin, Milwaukee, Milwaukee — Waukesha, Ozaukee, Badger, Badger State . Arizona, Arizona, Phoenix, Florida and Texas, . North Carolina, North Carolina, Southern, Nash, Rocky, Wilson, Wilson County, Nash County, Northampton, Erie, Bethlehem, Georgia, Brown County, Green Bay, Outagamie County, Appleton, Winnebago County, Oshkosh, Maricopa County

☆ Butterball is making the worst part of cooking a Thanksgiving turkey much easier
▼ + stars: | 2024-10-18 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Cooking a Thanksgiving turkey presents a host of unique challenges, including making sure it’s not dry, and making sure it’s delicious. But thawing out a multi-pound frozen bird is the first big one. Butterball has a solution with a new frozen turkey that the company says eliminates the hours-long thawing process. This week, the country’s largest turkey producer unveiled a new “Cook from Frozen” turkey that only has two steps to make it, which are unwrapping it and popping it in the oven. Butterball made a “specially formulated” brine that keeps the meat moist during the roughly 5-hour long roasting process.

Persons: Butterball, Cook, it’s, Neil Saunders, ” Saunders, Harris Teeter Organizations: New, New York CNN, GlobalData, CNN, Walmart, Kroger Locations: New York, Turkey

☆ Francis Ngannou on his return to MMA following the death of his 15-month-old son
▼ + stars: | 2024-10-18 | by ( Patrick Snell | ) edition.cnn.com time to read: +7 min

Ngannou will do so though against a backdrop of unspeakable tragedy following the death earlier this year of his beloved 15-month-old son Kobe. “The best way to pay tribute to him, to honor him, is to do something positive. Cooper Neill/Getty ImagesThis will be the African star’s first MMA fight since 2022. “I’m looking to get back into MMA because, regardless of how I enjoy boxing, I do miss MMA. Francis Ngannou knocks down Tyson Fury during their heavyweight fight at Boulevard Hall on October 28, 2023, in Riyadh, Saudi Arabia.

Persons: Francis Ngannou, Renan Ferreira, “, ” Ngannou, Ferreira, Cooper Neill, Ngannou, Tyson Fury, Fury’s, Anthony Joshua, I’ve, It’s, ”, ” Francis Ngannou, Joel Sagat, –, Stipe Miocic, Justin Setterfield, It’s what’s Organizations: CNN, UFC, Professional Fighters League, CNN Sport, Giants, Washington DC, Getty, Hall, “ Locations: Saudi Arabia, Riyadh, Ngannou, Kobe, Washington, Cameroon, America, Paris, Spain, Gibraltar, AFP, American

☆ One of Russia's biggest automakers said it's struggling under Western sanctions after frontline complaints that its vehicles are falling apart
▼ + stars: | 2024-10-18 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

Russian automaker Sollers is under fire over reports that its cars are breaking down along the war front. In response on Thursday, Sollers blamed Western sanctions for forcing it to switch suppliers quickly. AdvertisementA Russian contractor providing SUVs and pick-up trucks to Moscow's troops blamed Western sanctions on Thursday amid criticism that its vehicles were arriving in poor condition. The Russian automaker's recent blaming of Western sanctions is a reversal of its statements in September 2023, when it dismissed being blacklisted by the US Treasury Department. Sollers had told Russian media it did not foresee a significant impact as it already restructured its supply chain to prepare for the restrictions.

Persons: Sollers, —, UAZ, Dmitry Rogozin, Rogozin, he's, He's, Gazeta.RU Organizations: Service, Ulyanovsk Automobile Plant, NATO, Telegram, Business, Ford Motor Company, Mazda, US Treasury Department, European Union Locations: Russian, Ulyanovsk, Moscow, Ukraine, Roscosmos, Michigan, Russia, Vladivostok, Sollers

☆ World Triathlon Championships: Two athletes die at competition in Spain
▼ + stars: | 2024-10-18 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +3 min

CNN —Two athletes died while participating at the World Triathlon Championships in Spain on Thursday, the sport’s governing body has confirmed. “It is with deep sadness that we can inform that two participants (one from Mexico; one from Great Britain) have died at the World Triathlon Torremolinos-Andalucía AG Sprint Distance World Championships, taking place today, October 17,” World Triathlon said in a statement. “Our deepest condolences go to their respective family, friends, National Federations and all the triathlon family. “British Triathlon can confirm that one of our Age-Group Team has sadly passed away whilst competing at the World Championships in Torremolinos, Spain,” it said in a statement. The World Triathlon Championships are being hosted in the municipality of Torremolinos in southern Spain.

Persons: Great Britain –, ”, Roger Mas Colomber, Roger Mas Colomer, “, triathletes Organizations: CNN, Andalucia, Andalucía, National Federations, Spanish Federation, ” CNN, Mexican Triathlon Federation, British, Team, Elite Locations: Spain, Mexico, Great Britain, Torremolinos, ”

☆ Luminate helmet could help stop hair loss during cancer treatment
▼ + stars: | 2024-10-18 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +7 min

CNN —For cancer patients, the hair loss that may come with treatment can be hard to deal with. With some types of the disease, such as breast cancer, hair loss can occur in 99.9% of chemotherapy patients. The cost to insurers is projected to be around $1,700 per helmet; in comparison, a course of scalp cooling treatment typically costs between $1,500 and $3,000. Changing the experience of chemoAccording to Andrea Smith, nurse leader at Memorial Sloan Kettering’s Breast and Imaging Center, a cancer treatment center in New York City, the fear of hair loss affects treatment decisions. Whatever the method, avoiding hair loss is a “game-changer” for cancer treatment, Smith added.

Persons: ”, Aaron Hannon, Hannon, ” Hannon, haven’t, ” Aaron Hannon, Barbara Oliveira, Martin O’Halloran, “ I’ll, Luminate, Andrea Smith, “, ” Smith, Smith, we’ve Organizations: CNN, US Food and Drug Administration, University of Galway, Sloan, Imaging Locations: Irish, Europe, Ireland, New York City, chemo

☆ 2025 could bring a wave of healthcare IPOs. Here's what startups should know, according to a top banker.
▼ + stars: | 2024-10-18 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +8 min

The healthcare market looks nearly ready for the next wave of IPOs. But the next wave of public healthcare companies looks to be on the horizon. At least two healthcare companies are considering public-market debuts in the not-so-distant future. SVB SecuritiesI spoke with him about what the next wave of healthcare IPOs could bring — and which healthcare startups are in the best position to test the public markets. What models do you expect the healthcare market to favor in this next round of IPOs?

Persons: Jon Swope, —, It's, Health confidentially, haven't, there's, Waystar, healthtech Organizations: Barclays, Service, Health, healthtech, SVB Securities, Accolade, Healthcare, Walmart, Big Tech Locations: IPOs, healthtech, Waystar

☆ Stock market today: Indexes trade near record highs after a string of solid earnings reports
▼ + stars: | 2024-10-18 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

US stocks were mostly higher on Friday amid a string of solid third-quarter earnings reports. Netflix and Intuitive Surgical beat Wall Street estimates, boosting their stock prices to new record highs. 82% of S&P 500 companies that have reported earnings so far have surpassed Wall Street's profit estimates. AdvertisementUS stocks traded higher on Friday, with all three major averages at or near record highs as investors digested third-quarter earnings results. Intuitive Surgical also reported solid third-quarter earnings that beat Wall Street estimates for revenues and profits.

Persons: — Organizations: Netflix, Service, Wall

☆ Procter & Gamble earnings beat estimates, but weak demand in China hurts sales
▼ + stars: | 2024-10-18 | by ( Amelia Lucas | ) www.cnbc.com time to read: +3 min

Procter & Gamble on Friday reported weaker-than-expected revenue as lower demand in China again weighed on its sales. The company reported flat volume for the quarter. The metric excludes pricing, which makes it a more accurate reflection of demand than sales. The company called out volume declines in China for both its hair care and oral care segments. Both P&G's health care and baby, feminine and family care divisions both reported 1% declines in volume for the quarter.

Persons: Gamble, Andre Schulten, Schulten Organizations: Procter, LSEG, SK, Gillette, Venus Locations: China, U.S, Greater China

☆ Netflix closes at all-time highs after reporting solid earnings beat and strong guidance
▼ + stars: | 2024-10-18 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +4 min

The surge comes after the streaming giant reported another strong quarter and issued positive guidance. Quarterly revenue was slightly above estimates while its ad-supported tier saw strong subscriber growth. AdvertisementInvestors poured into Netflix shares on Friday, sending the stock to record highs after the streaming giant's solid third-quarter earnings report. The surge came after Netflix reported a strong earnings beat and gave positive forward guidance that gave investors confidence about its position in the streaming wars. He said Netflix's latest earnings and free cash flow set it apart from the competition in the increasingly fierce streaming wars.

Persons: —, Morgan Stanley, Benjamin Swinburne, Swinburne Organizations: Service, Netflix, Bloomberg, UBS, Bank of America, CNBC Locations: signups

☆ Dustin Kjersem’s death in Big Sky, Montana, was a murder, police say
▼ + stars: | 2024-10-18 | by ( Faith Karimi | ) edition.cnn.com time to read: +5 min

On Saturday morning, the friend called 911 and said he’d found Kjersem’s bloodied body in a tent about two-and-a-half miles up Moose Creek Road, east of Big Sky. Kjersem’s friend, who authorities did not identify, told them he found his body around 10 a.m. Saturday. “Anyone with trail or game cameras in the Moose Creek area, please reach forward, even if the footage seems irrelevant,” Sheriff’s Capt. “Anyone with in-car cameras traveling in the Moose Creek area during this time frame … anyone who saw the victim’s truck,” he added. Investigators have not determined Kjersem’s time of death and have not made any arrests.

Persons: Dustin Kjersem, —, he’d, Kjersem, ”, ” Gallatin County Sheriff Dan Springer, “, ” Springer, ” Kjersem, Jillian Price, Springer, Kjersem's Ford, don’t, Nathan Kamerman Organizations: CNN, Moose, Big Sky, ” Gallatin County Sheriff, US Forest Service, Authorities, Gallatin County Sheriff's, Montana Department of Fish, Wildlife & Parks Locations: Montana, Big, ” Gallatin County, Gallatin County, Belgrade , Montana, Moose, Western Montana

☆ This rangebound precious metal is about to break out and see strong gains, says Carter Worth
▼ + stars: | 2024-10-18 | by ( Carter Braxton Worth | ) www.cnbc.com time to read: +1 min

For investors looking to get long silver, the ETF to use is the iShares Silver Trust (SLV) . Silver charts Chart 1 Chart 2 Chart 3 Chart 4 -Carter Braxton Worth For actionable recommendations via email and live nightly videos become a member at worthcharting.com DISCLOSURES: None. THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. THE CONTENT IS GENERAL IN NATURE AND DOES NOT REFLECT ANY INDIVIDUAL'S UNIQUE PERSONAL CIRCUMSTANCES. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: it's, SLV, Carter Braxton Worth Organizations: CNBC, NBC UNIVERSAL

☆ Smith: Israel is in a war... that could be huge for the energy markets.
▼ + stars: | 2024-10-18 | 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 EmailSmith: Israel is in a war... that could be huge for the energy markets. Mark Smith, Wells Fargo Advisors SVP, emphasizes "geopolitical risk" as the word of the day, particularly in relation to the upcoming election and its impact on the energy sector.

Persons: Israel, Mark Smith Organizations: Smith, Wells, Wells Fargo Advisors Locations: Wells Fargo

☆ Wiz co-founder discusses the company's expansion into the UK
▼ + stars: | 2024-10-18 | 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 EmailWiz co-founder discusses the company's expansion into the UKRoy Reznik, co-founder and vice president of research and development at cybersecurity firm Wiz, discusses the company's new office in London and broader expansion in the U.K. market.

Persons: Roy Reznik Locations: London, U.K

☆ Crypto PAC money backs Utah Senate candidate and others across U.S.
▼ + stars: | 2024-10-18 | by ( Mackenzie Sigalos | ) 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 EmailCrypto PAC money backs Utah Senate candidate and others across U.S.CNBC's MacKenzie Sigalos reports on the millions of dollars spent by crypto interest groups in the 2024 election to elect industry-friendly candidates nationwide.

Persons: CNBC's MacKenzie Sigalos Locations: Utah

☆ CNBC TechCheck Evening Edition: October 18, 2024
▼ + stars: | 2024-10-18 | 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 EmailCNBC TechCheck Evening Edition: October 18, 2024CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.

Persons: TechCheck Organizations: CNBC Locations: San Francisco

☆ Harrison Butker: Chiefs owner Clark Hunt not concerned about Kansas City kicker forming PAC
▼ + stars: | 2024-10-18 | by ( George Ramsay | ) edition.cnn.com time to read: +3 min

CNN —Kansas City Chiefs owner Clark Hunt has said that he has no concerns with kicker Harrison Butker forming a political action committee (PAC) based on Christian values. Butker announced the formation of UPRIGHT PAC during the Chiefs’ bye week last weekend, which, according to its website, intends to “reclaim the traditional values that have made this country great” and “mobilize Christians across this country to make sure we protect these values” at the upcoming election. The UPRIGHT PAC website, which Butker promoted on social media, features prominent photos of the 29-year-old and an appeal for donations. Hunt speaks to media at a Chiefs training camp earlier this year. He has featured in all five of the Chiefs’ games this season, making 12 of his 14 field goal attempts in the team’s unbeaten start.

Persons: Clark Hunt, Harrison Butker, Butker, Hunt, Denny Medley, Quarterback Patrick Mahomes, “, Travis Kelce, Republican Sen, Josh Hawley, ” Organizations: CNN, Kansas City Chiefs, Chiefs, San Francisco 49ers, Benedictine College, Reuters, NFL, Republican Locations: Kansas, Nashville

☆ ECB'S 25-basis-point rate cut was 'quite OK,' economist says
▼ + stars: | 2024-10-18 | 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 EmailECB'S 25-basis-point rate cut was 'quite OK,' economist saysCyrus De La Rubia, chief economist at Hamburg Commercial Bank, says European Central Bank President Christine Lagarde "sounded rather dovish."

Persons: Cyrus De La Rubia, Christine Lagarde Organizations: Hamburg Commercial Bank, Central Bank Locations: Hamburg

☆ Netflix shares jump 5% in premarket after third-quarter earnings beat
▼ + stars: | 2024-10-18 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

Netflix shares jumped Friday after the media streaming giant reported third-quarter earnings and revenue that beat expectations. Shares of Netflix were up 5.4% in U.S. premarket trading as of 4:39 a.m. Netflix reported earnings per share of $5.40 for the three-month period ending Sept. 30, surpassing the $5.12 LSEG consensus estimate. Revenues also beat expectations, coming in at $9.83 billion, above the $9.77 billion anticipated by analysts. Crucially, Netflix saw momentum in its ad-supported membership tier, which jumped 35% quarter-over-quarter.

Organizations: Netflix Locations: Krakow, Poland, U.S

Madrid CNN —From exile in Spain, Venezuela’s opposition leader sat down with CNN en Español on Thursday where he spoke about the “nightmare” of his last days in Caracas and his hope to find a solution to Venezuela’s political crisis. In his first television interview since leaving Venezuela, Edmundo González Urrutia explained the role of the Spanish government in his departure from the Latin American country. Venezuela’s opposition and multiple Latin American leaders refused to recognize Maduro’s victory, which sparked deadly protests during which thousands were arrested. On September 18, the Spanish Senate approved by majority a motion presented by the Popular Party urging the Spanish government to recognize González as the elected president of Venezuela. Regarding the official figures, González says that “there is no evidence to prove they [Maduro’s regime] won.”The opposition candidate said that an inauguration in exile has not been considered.

Persons: Venezuela’s, Edmundo González Urrutia, Nicolas Maduro, Gonzalez, ‘, ’ González, ”, González, Maduro’s, Delcy Rodríguez, Jorge Rodríguez, “, Federico Parra, María Corina Machado, María Corina Machado —, Machado, Maduro, Nicolás Maduro, Florida’s, Edmundo González, Cristina Narbona, Delcy, Narbona, Alfredo Lasry R, ” González, Pedro Sánchez, Nicolás Organizations: Madrid CNN —, CNN, Venezuelan Public Ministry, Spanish, Justice, Venezuelan, National Assembly, Venezuela’s National, Getty, Venezuela “, Spain’s Ministry of Foreign Affairs, Spanish Socialist Workers ’ Party, PSOE, Spanish Civil Guard, Barajas Airport, ”, Popular Party, Spain’s, Colombian, Electoral Council of Venezuela, Chavismo Locations: Madrid, Spain, Caracas, Venezuela, Spanish, Kingdom of Spain, AFP, Venezuelan, ”, ” Venezuela

☆ These 3 UK stocks are on the march and set to soar by over 50%, RBC says
▼ + stars: | 2024-10-18 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Three London stocks are on the march and are expected to rise by more than 50% over the next 12 months. TM17-GB 1Y line More recently, RBC said the company reported "a good set of results" in September. The company reported £80.6 million in total sales, missing revenue expectations of £81.5 million marginally. Wheeler also noted that the stock had "significant upside potential" after the company reported its first-half results on July 26. RBC analyst Charles Weston said the stock remains "materially undervalued" after the company reported its first half-year financial results.

Persons: Debbie Bestwick's, Steve Bell's, Frank Sagnier's, Ross Broadfoot, Broadfoot, Team17, RBC's Alexander Wheeler, Wheeler, Charles Weston, OXB Organizations: CNBC Pro, RBC Capital Markets, RBC, Drax, Oxford Biomedica, Oxford, University of Oxford Locations: London, England, Team17

Search resuls for: "" Bank of America downgrades Dow"

25 mentions found