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CNN —Three US Marines who died when their Osprey aircraft crashed during a military exercise in Australia have been identified by their unit. Air Force CV-22 Ospreys take off from Kirtland Air Force Base, New Mexico, for a training mission. April 8, 2010: US Air Force Osprey crashes in southern Afghanistan, killing three US service members and one civilian employee. August 5, 2017: An MV-22B Osprey crashes off the coast of Australia, leaving three Marines dead. June 8, 2022: Five US Marines die after an MV-22 Osprey crashes during a training mission Wednesday near Glamis, California.
Persons: Corporal Spencer R, Captain Eleanor V, Major Tobin J, Lewis, Collart, LeBeau, , , Brendan Sullivan, Lloyd Austin, Michael Murphy, Sullivan, ” Sullivan, Markus Maier, Samuel King An, Barack Obama, Zachary Dyer, Laura Yahemiak Sailors, George Washington, Supertyphoon Haiyan, Trevor Welsh, stow, Smith, drogue, Christopher Carranza An, Todd F, Lance Cpl, Christopher Mendoza Sailors, Richard, Kevin V, Jonathan Snyder, Cedric Leighton, Bellows Organizations: CNN, Marines, Osprey, Royal Darwin Hospital, AP US, USMC, Twitter, Marine Osprey, Darwin, Northern Territory Police, Australian Defence Force, Northern, Northern Territory Government, CareFlight Air, Mobile Services, NT Health, Care, Tiwi, Government, Air Force, Ospreys, Kirtland Air Force Base, . Air Force, Staff, Air, Special Operations Squadron, Munitions, Systems, Eglin Air Force Base, Tech, Refueler, Squadron, Marine Helicopter Squadron, KC, 130J, Marine Forces Pacific, Greenland . U.S . Air Force, 3d Marine Expeditionary, U.S . Marine Corps, Tiltrotor, Supertyphoon Haiyan . U.S . Navy, Trevor Welsh Sailors, U.S . Navy, Shannon, Travis Air Force Base, 24th Marine Expeditionary Unit, . Marine Corps, Michalek, Moron Air Base, Cunningham, Tactics Squadron, of, U.S . Air Force, US Air Force, “ CNN, US Defense Department, An Air Force, Corps Locations: Australia, Melville, Northern Territory, New Mexico, Florida, Philippines, VMM, Okinawa, Japan, Brisbane, Greenland . U.S, U.S, Supertyphoon Haiyan ., San Francisco, New York, Michalek U.S, Africa, Spain, Sigonella, Italy, Field, Hamilton Island, United States, Virginia, Arizona, North Carolina, Afghanistan, Morocco, Navarre , Florida, Oahu, Hawaii, Syria, Norway, Glamis , California
As August is known to be, it's been a rough month-to-date for all three of those stock market benchmarks so far. This past week, the overall market was oversold, according to Jim Cramer's trusted S & P Oscillator. After Friday's strong finish, we'll see if the market's oversold condition abates as two major themes play out in the week ahead: Earnings from two Club names — Salesforce (CRM) and Broadcom (AVGO) — and key economic reports ahead of September's Fed meeting. Outside of the labor market and inflation, we'll also get a look at the housing market with the pending home sales on Wednesday. As we heard from fellow Club name Palo Alto Networks (PANW) last week, companies are growing more cautious and more closely scrutinizing large sales deals.
Persons: Jerome Powell's, Powell, it's, Jim Cramer's, Friday's, , It's, we've, we'll, we're, Salesforce, AVGO, We're, Brown, Forman, Campbell Soup, LULU, Jim Cramer, Jim, Angela Weiss Organizations: Nasdaq, Federal, Nvidia, Dow Jones, Broadcom, Fed, Labor, Club, Palo Alto Networks, VMWare, HEICO Corporation, Bank of Montreal, BMO, Bank of Nova, Hewlett Packard Enterprise, HP, PVH Corp, Patterson Companies, Veeva Systems, UBS, Academy Sports, Hormel, Signet Jewelers, Dell Technologies, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, AFP, Getty Locations: Jackson Hole , Wyoming, China, Bank of Nova Scotia, New York City
How to rebuild credit after a bankruptcy
  + stars: | 2023-08-25 | by ( Clint Proctor | Paul Kim | Read More | ) www.businessinsider.com   time to read: +10 min
Credit scores usually drop at least 100 points or more after bankruptcy is added to a credit report. As such, if a bankruptcy is added to your credit report, it can have a severe negative impact on your credit score. More Information No hard credit report pullReports to all 3 bureausBuild credit AND savingsJoin over 1 million credit buildersUnlock a Secured Credit Card after meeting eligibility criteria24 months loan durationCan you remove a bankruptcy from your credit report? Editor's Rating 4.6/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Editor's Rating 4.7/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Editor's Rating 4.8/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Learn more On Aura's website Learn more On IDShield's website Learn more On IdentityForce's websiteFinal thoughtsRemember, bankruptcy is just one of various debt relief options. If you're patient and commit to following good credit habits, your credit score will slowly but surely rise.
Persons: myFICO, you'll, You'll Organizations: Service, Visa, Card, Credit Monitoring, Chevron Locations: Wall, Silicon
US Air Force special operators took their AC-130J to Australia for an exercise in July. As part of Exercise Teak Action, held in southeastern Australia in early July, US Air Force special operators flew their AC-130 gunship in Australia for the first time since it entered service in 1960s. Australian Air Force/Corporal Cameron PeggWhile in Australia, Air Commandos from US Air Force Special Operations Command's 23rd Special Tactics Squadron and their AC-130Js took part in dry-fire rehearsals in coordination with US and Australian Combat Control teams on the ground. AdvertisementAdvertisementA beloved aircraftA US Air Force weapon systems operator gives a tour of an AC-130J to Australian Air Force cadets at Royal Australian Air Force Base Richmond during Talisman Sabre in July. A US Air Force crew chief marshals an AC-130J at Royal Australian Air Force Base Richmond during Talisman Sabre in July.
Persons: It's, Corporal Cameron Pegg, 130Js, Steven Duffy, We've, Duffy, , Talisman Sabre, Alexcia Givens, Griffin, Tylir Meyer Organizations: US Air Force, Air Force, Service, Australian Army, Australian Air Force, Air Commandos, Squadron, Australian Combat Control, Australian Forward, Control, New, Royal Australian Air Force Base Richmond, Talisman, Army Green Beret, Air Force Special, Command Locations: Australia, Wall, Silicon, New South Wales, Asia, Africa, South America, Europe, Japan, Romania, China, Iraq, Afghanistan, Russia, Southeast Asia
Analysts at Goldman Sachs released a note to clients late Monday, looking at what they called "The (AI) trade after the trade." Marvell Technology (MRVL), a former Club stock and current Bullpen stock, is also included. But, in addition to surveying the AI landscape, the Goldman note aims to answer the question: What is the trade after the trade? The common theme here is enhanced worker productivity; AI leading to revenue growth and lower labor costs, an obvious benefit to the bottom line. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: you've, Goldman Sachs, Salesforce's Einstein, Goldman, Russell, , Consumer Staples, Jim Cramer's, Jim Cramer, Jim Organizations: Goldman, Nvidia, Marvell Technology, Club, Microsoft, Russell, Costco, Consumer, CNBC, Istock, Getty
Russia's limited use of its air force in Ukraine has surprised US Air Force leaders. Those leaders are surprised in large part because Ukraine is using air defenses that Russians designed. "I would say that I was somewhat surprised" by Russia's inability to control the air and knock out Ukrainian air defenses, Hecker said. Ukrainian forces are now using US-made Patriot missiles and the US-Norwegian-designed NASAMS to defend against long-range threats as well as several Western-designed systems for short-range air defense. US intelligence assessments leaked online this spring suggested Ukraine could expend its supply of surface-to-air missiles for several systems by mid-year.
Persons: James Hecker, " Hecker, Justin Bronk, Hecker, Ukrainian Defense Ministry Hecker, Charles Brown Jr, Brown, Sen, Tommy Tuberville, Ed Ram Organizations: US Air Force, Service, Russian Air Force, US Air Forces, Defense Writers, Russian Ministry of, Royal United Services Institute, Russian Sukhoi, Ukraine's Defense Ministry, Ukrainian Defense Ministry, Air Force, Joint Chiefs of Staff, Ukraine, Ukrainian, International Institute of Strategic Studies, The Washington, Getty, Patriot, Russian, Ukraine Defense Contact Locations: Ukraine, Wall, Silicon, Europe, Russian, Russia, British, Soviet, Norwegian, Kyiv
Saudi Arabia is reportedly considering a large number of French-made Dassault Rafale fighter jets. In July, Germany announced it would not allow additional Eurofighter Typhoon fighter jets to be delivered Saudi Arabia. The Saudi air force's 72 Eurofighters are its second most numerous fighter type behind its US-made F-15s. Bandar Algaloud/ReutersIn the near-term, Saudi Arabia may find Rafales more burdensome than beneficial, given its extensive investment in US and British aircraft. A Saudi Air Force F-15 taxis for takeoff at King Faisal Air Base in February 2021.
Persons: France's, Toni Anne Barson, Sebastien Roblin, Prince Mohammed bin Salman, Joe Biden, Roblin, Salman, FAYEZ NURELDINE, Ryan Bohl, RANE, Rafales, Jamal Khashoggi, Bohl, Justin Bronk, Katherine Walters, Paul Iddon Organizations: Dassault Rafale, Saudi, Service, Privacy Policy, France's La Tribune, Eurofighter Typhoon, United Arab, La Tribune, French Dassault Rafale, Saudi Eurofighter Typhoon, Getty, East, NATO, Bandar Algaloud, Reuters, British, Royal Saudi Air Force, Royal United Services Institute, Saudi Air Force, King Faisal Air Base, US Air Force, Staff, Rafale, Washington Locations: Saudi Arabia, British, Riyadh, Wall, Silicon, Privacy Policy Saudi Arabia, Saudi, Germany, United Arab Emirates, Qatar, French, Provence, Washington, Yemen, Iran, China, France, AFP, London, Russia, North Africa, NATO, United States, Bandar, Croatia, Egypt, India, Indonesia, Greece
The Pentagon's Space Development Agency on Monday awarded $1.5 billion in contracts to Lockheed Martin and Northrop Grumman for prototype communications satellites. Lockheed and Northrop will each build 36 of the prototype satellites, scheduled to begin launching by September 2026. Those "Tranche 0" satellites were the first effort to demonstrate the feasibility of SDA's network. In addition to communications, the SDA network aims to provide the U.S. military with features such as missile warning and tracking capabilities. SDA has previously awarded contracts to build and operate satellites in its fleet to York Space, SpaceX, Lockheed Martin, Northrop Grumman, and L3Harris .
Persons: Lockheed Martin, Northrop, Northrop Grumman Organizations: Space Development Agency, Lockheed, Northrop Grumman, Northrop, SDA, CNBC, Pentagon, Space Force, Department of Defense's, Command, Control, SpaceX
The US Air Force sees all those qualities as vital for success in a war in the Pacific region. US Air Force/Air Force AssociationThe design blends the wings and the fuselage, "decreasing aerodynamic drag by at least 30% and providing additional lift," the Air Force said in a release. A US Air Force flight engineer guides an R-11 Refueler next to a C-5M cargo plane at Dover Air Force Base in Delaware in March. A C-130 Hercules lands at Northwest Field, next to Andersen Air Force Base on Guam in February 2010. JetZero has already unveiled a Blended Wing design that the company says will provide a midmarket commercial airliner that's more efficient than the planes it seeks to replace.
Persons: Frank Kendall, Kendall, Air and Space Forces Association . Chaudhary, O'Leary, Tom O'Leary, JetZero, Marco Gomez, Ravi Chaudhary, we've, Tom Jones, Albert Miller, Andrew G, Miller, Jones, Chaudhary, Kathleen Hicks Organizations: Pentagon, US Air Force, Service, Air Force, Air and Space Forces Association ., Air Force Association, The Air Force, Dover Air Force Base, Staff, Northrop Grumman, China's, Air Mobility Command, Northwest Field, Andersen Air Force Base, Refueling, KC, Air Force's, Department Locations: Pacific, Wall, Silicon, China, Delaware, Guam
For the first time, a competition saw hackers break into a US Air Force satellite in orbit. It was part of an annual event held to stress-test the satellites against real security threats. This winners, the Italian team mHACKeroni, took home $50,000. For the first time, the hackers were asked to attack a real satellite in space — the US Air Force Moonlighter, which was deployed specifically for the event. Italian team mHACKeroni won the US Air Force's fourth annual Hack-A-Sat competition by hacking into a satellite in space.
Persons: mHACKeroni, Sarah McNulty Organizations: US Air Force, Service, US Space Force, Politico, jmp, US Air, Systems Command, Viasat, Air, Financial Times Locations: Wall, Silicon, Las Vegas, Russia, China, Poland, American, Ukraine
Cramer's Lightning Round: Hold DraftKings
  + stars: | 2023-08-17 | by ( Julie Coleman | ) www.cnbc.com   time to read: +3 min
Stock Chart Icon Stock chart icon Salesforce's year-to-date stock performance. Stock Chart Icon Stock chart icon SoFi's year-to-date stock performance. Stock Chart Icon Stock chart icon UiPath's year-to-date stock performance. Stock Chart Icon Stock chart icon DraftKings' year-to-date stock performance. Stock Chart Icon Stock chart icon GE HealthCare's year-to-date stock performance.
Persons: we'll, I'm, It's, Anthony Noto, we're, they're, Let's, DraftKings, I've, it's, James Quincey's, Coke, Jim Cramer's Organizations: Charitable Trust, American Airlines, GE, GE HealthCare
The extraordinary activist-investor interest in Salesforce (CRM) eased further in the second quarter, according to the latest regulatory filings from influential Wall Street pros. His firm still owned about 2 million Salesforce shares as of June 30. Tepper also bought 2.3 million shares of Advanced Micro Devices (AMD) and 480,000 shares of Apple (AAPL) during the second quarter. As a result, Appaloosa's holdings as of mid-August may differ significantly from the conclusion of the second quarter. GOOGL YTD mountain Alphabet YTD performance Bets on Google's parent company, Alphabet (GOOGL), varied in the second quarter.
Persons: Dan Loeb's, Jeff Smith's, Salesforce, Jeffrey, Starboard's Jeff Smith, Smith, he's, 13Fs, it's, Marc Benioff, Mason Morfit, Paul Singer's Elliott, Elliott, Elliott —, Nelson Peltz's, Bob Iger, Peltz, David Tepper, Tepper, Bill Ackman's, Seth Klarman, Loeb, Klarman, Stanley Druckenmiller, Druckenmiller, Eli Lilly, That's, Jim Cramer's, Jim Cramer, Jim, Kim Kulish Organizations: Inclusive Capital, CNBC, Paul Singer's Elliott Management, Constellation, Club, Constellation Brands, Corona, Modelo, DIS, Disney, Management, Walt Disney Co, Peltz, Nvidia, Appaloosa Management, Microsoft, Micro Devices, Apple, AMD, Bill Ackman's Pershing, Capital Management, Oracle, Duquesne Family Office, Jim Cramer's Charitable, Corbis, Getty Locations: Salesforce, Tuesday's
US Air Force B-2 stealth bombers have returned to Keflavik in Iceland for the first time since 2021. It's the first deployment since B-2 bombers resumed flying after a five-month safety stand down. The deployment is the first one since the stealth bomber fleet returned to normal operations on May 22, 2023, after a five-month safety stand down following the incident in December last year. Two pilots approach a B-2 during Bomber Task Force 24-4 in Keflavik on August 15. A crew chief prepares to marshal a B-2 during Bomber Task Force 24-4 in Keflavik on August 15.
Persons: Heather Salazar, James Hecker, Andrew Kousgaard, Col Kousgaard, Diego Garcia, Northrop Grumman Organizations: US Air Force, Keflavik, Service, 509th Bomb, Whiteman Air Force Base, Whiteman, Alliance ., Bomber, Tech, RAF Fairford, Force, Naval Air Station Keflavik, US Air Forces, US Air Forces Africa, NATO Allied Command, 393rd Bomb Squadron, Whiteman AFB, Libya Air, Allied Force, ISIS, Lajes, Andersen Air Force Base, Raider, US Air Force's, Northrop Locations: Iceland, Wall, Silicon, Missouri, Keflavik, Mississippi, Europe, U.S, Korean, Libya, Serbia, Fairford, Azores, Portugal, Guam, Ocean Territory
The changes in ownership came after significant overhauls at Salesforce helped push its share price higher. Inclusive Capital Management, one of four activists closely involved with Salesforce in early 2023 along with Starboard, Elliott Investment Management and ValueAct Capital, exited even earlier, according to filings. ValueAct's ownership stake remained unchanged at 3.5 million at the end of the second quarter, its filing shows. Sachem Head Capital Management cut its stake by 20% after Salesforce made up nearly 5% of its portfolio. During the second quarter the stock price moved to $211 a share from $199 a share.
Persons: Mike Segar, Salesforce, Marc Benioff, Mason Morfit, Svea Herbst, Bayliss, Sonali Paul Organizations: REUTERS, Salesforce, U.S ., LLC, Inclusive Capital Management, Elliott Investment Management, ValueAct, Inclusive, Sachem, Capital Management, Farallon Capital Management, Light, Capital, Svea, Thomson Locations: New York, Manhattan, New York City, U.S, Salesforce, Polen
Protest leaders say thousands of reservists have stopped reporting for duty. "Brothers in Arms", a reservist protester group, seemed unmoved by the gesture, accusing Netanyahu of playing down risks to military readiness. The Supreme Court will on Sept. 12 hear arguments against a bill limiting some of its powers to void government decisions, which was ratified in a parliament controlled by Netanyahu's religious-nationalist coalition. The military has so far acknowledged a "limited" impact from the reservist protest, citing the loss of some veteran instructors from the air force's flight school. As of now, the IDF (Israel Defence Forces) can handle its missions and the goal is to put this matter behind us," he said.
Persons: Benjamin Netanyahu's, Amir, Benjamin Netanyahu, Netanyahu, IMPACT Netanyahu, Amos Gilad, Tzachi Hanegbi, Dan Williams, Emelia Sithole Organizations: Arms, REUTERS, JERUSALEM, IMPACT, Army Radio, National, Army, IDF, Israel Defence Forces, Thomson Locations: Kiryat Ono, Israel, Iran, Lebanon, Israeli, Syria
In 2022, Salesforce unveiled software that processes and organize customer data in "real-time." Salesforce promoted that its CDP can process large amounts of customer data in "real-time," meaning in "milliseconds," the lawsuit says. One benefit to real-time data processing that Salesforce advertises, for example, is when a hospital may need the most up-to-date information on a patient regarding urgent healthcare needs. Salesforce unveiled its CDP software, Genie, to the public on September 20, 2022. According to the court documents, Salesforce said it was the "biggest announcement" it had made since the founders started the company.
Persons: Salesforce, Karl Wirth, Wirth, Lidiane Jones, Jones, Parker Harris, Harris, Slack, Salesforces Organizations: Morning, Genie, Plaintiff, Securities and Exchange Commission, Slack Technologies
Salesforce reportedly paid Matthew McConaughey $10 million a year during layoffs. McConaughey's voice appeared in Salesforce's "AI Day" event in June and Salesforce recently announced McConaughey as a speaker at the company's annual Dreamforce conference in September. But some employees are not happy about it because the McConaughey deal was made public just a month after Salesforce announced it would be conducting widespread layoffs this year. Some employees complained about the company's relationship with McConaughey in an internal Slack channel called "airing of grievances," according to messages viewed by Insider. "I was denied a promotion this cycle because of 'lack of budget' but we can throw $10mil a year at this guy?"
Persons: Salesforce, Matthew McConaughey, McConaughey's, McConaughey Organizations: Wall Street Locations: Salesforce
Salesforce quietly released diversity executive Jacalyn Chapman in May, sources tell Insider. The company told some employees Chapman's role was being eliminated, one of the people said. Salesforce is facing a discrimination lawsuit from another diversity executive. Salesforce terminated the employment of a popular diversity, equity, and inclusion executive in May, people familiar with the matter told Insider. Although the circumstances of her termination are unclear, one person said some employees were told her role was being eliminated.
Persons: Salesforce, Jacalyn Chapman, Marc Benioff, Brent Hyder, Chapman, Ebony Beckwith, Bain, Slack Organizations: Equality, Bain & Company Locations: Salesforce
Microsoft still isn't disclosing the size of its Azure business, providing only the growth rate for the cloud business and leaving investors guessing how its revenue compares to Amazon and Google . But in its much smaller Dynamics business, which includes software for salespeople, marketers and customer-service agents, Microsoft has suddenly opted for greater transparency. In its annual report to investors last week, Microsoft disclosed Dynamics revenue in a table alongside other products for the first time. He also noted that Microsoft Sales Copilot, a tool capable of writing business-oriented email drafts, integrates with Dynamics as well as Salesforce's software. Partly motivated by Microsoft's AI capabilities, some companies are switching to Dynamics from Salesforce, said Manny Medina, CEO of sales software startup Outreach.
Persons: Satya Nadella, Flipkart, Nadella, Manny Medina, Medina, Salesforce, Bret Taylor, Marc Benioff, they're, Doug Burgum, Adam Mansfield, Mansfield Organizations: Microsoft Corp, Microsoft, Google, Dynamics, Products, Cloud Services, Technology, IDC, Oracle, SAP, CNBC, Industry, Marketing, Commerce Cloud, Plains Software, North, Republican Locations: Mumbai, India, MSFT, Marketing Cloud, Commerce, North Dakota, Great Plains
In his address, Xi said the military must broaden its combat capability and readiness, the official Xinhua news agency reported. "We need to push for new equipment and new forces to accelerate forming combat capabilities and integrate into the combat system," Xi told the Peoples Liberation Army Air Force's western theatre command during a visit last Wednesday, Xinhua reported on Sunday. Marking the anniversary on Tuesday, an editorial in the official PLA Daily newspaper said the military had "enhanced its ability to carry out diversified military tasks in a wider space". "When the Chinese military conducts an exercise, it is showing force - it is bestowing or sending a message to other countries," he said. At sea, China is readying its aircraft carriers to extend and assert its power beyond its home waters.
Persons: Xi Jinping, Florence, HONG KONG, Xi, Song Zhongping, Drew Thompson, National University of Singapore's Lee, Thompson, Tsai Ing, Kevin McCarthy, China's J, Shi Yunjia, Greg Torode, Albee Zhang Organizations: Communist Party of China, Military Museum of, REUTERS, People's Liberation Army, PLA, Xinhua, Peoples Liberation Army Air, PLA Daily, National University of Singapore's, National University of Singapore's Lee Kuan Yew, of Public, Reuters, People's, of Army, U.S, House, China Morning Post, Western, Thomson Locations: Beijing, China, HONG, Tuesday's, Russia, United States, U.S, Washington, Taiwan, Japan, Shandong, Fujian, South Korea, Guam
Here are Monday's biggest calls on Wall Street: Goldman Sachs upgrades Chevron to buy from neutral Goldman said it sees a cash flow inflection for the oil and gas giant. Morgan Stanley names Keurig Dr Pepper a top pick Morgan Stanley said the beverage giant is its new top pick. Morgan Stanley reiterates Walmart as overweight Morgan Stanley said Walmart+ continues grow and gain new members. Morgan Stanley downgrades Salesforce to equal weight from overweight Morgan Stanley said positive catalysts are in the "rear-view mirror" for the stock. Morgan Stanley upgrades Adobe to overweight from equal weight Morgan Stanley said in its upgrade of Adobe that it sees generative AI driving creativity.
Persons: Goldman Sachs, Goldman, Bernstein, Morgan Stanley, Dr Pepper, Jefferies, Carvana, there's, Cowen, Piper Sandler, Apple, Piper, JPMorgan downgrades, it's, Ford, Oppenheimer, Evercore, Morgan Stanley downgrades Salesforce, Tesla Organizations: Chevron, Nvidia, Apple, Walmart, JPMorgan, JPMorgan downgrades Penske, " Bank of America, Hasbro, of America, Deutsche Bank, York Community, Deutsche, RBC, CSX, Electric, GE, Triple, SG, Wayfair, Suisse, UPS, Credit Suisse, Teamsters, Adobe, Barclays, EV, Detroit Locations: China, York
SoFi Technologies – Shares of the fintech company popped more than 18% after it reported second-quarter results and lifted its full-year guidance. ON Semiconductor — The chipmaker's shares jumped 3.2% after it posted an earnings and revenue beat for the second quarter. New Relic — Shares jumped 13.4% after a private equity consortium announced it would take the software company private. Sweetgreen — The salad chain's shares jumped 11% Monday after an upgrade from Piper Sandler. Adobe — The software stock jumped 3.9% after Morgan Stanley upgraded the shares to overweight from equal weight.
Persons: FactSet, Disney, Kevin Mayer, Tom Staggs, Bob Iger, Spero, Sweetgreen, Piper Sandler, XPeng, Cowen, Morgan Stanley, Morgan Stanley's, Goldman Sachs, Wayfair, Salesforce's, — CNBC's Hakyung Kim, Yun Li, Sarah Min, Tanaya Macheel, Samantha Subin Organizations: SoFi Technologies, Disney, Financial Times, Food and Drug Administration, UBS, Hasbro, of, Bank of America, CVS, Adobe, Chevron, New York Community Bancorp, Deutsche Bank, CSX, RBC Locations: Bob Iger .
Xi appoints new chief of China's nuclear arsenal
  + stars: | 2023-07-31 | by ( ) www.reuters.com   time to read: +1 min
Until his move to the PLA Rocket Force, Wang had been deputy commander of the navy since 2020. State media did not say where the PLA Rocket Force's previous chief, Li Yuchao, was reassigned or state his whereabouts. Xi has repeatedly urged the military to deepen war and combat planning to increase the chances of victory in actual combat to safeguard China's sovereignty and territory. China says it is committed to a defensive nuclear strategy, and pledges to no first use of nuclear weapons. It says it will also not use or threaten to use nuclear weapons against non-nuclear weapon states or nuclear weapon free zones.
Persons: Jason Lee, Xi Jinping, Wang Houbin, Xu Xisheng, Wang, Xu, Li Yuchao, Xi, Ryan Woo, Alex Richardson Organizations: Military, People's, REUTERS, People's Liberation Army, PLA Rocket Force, Navy, Southern Theatre Command, PLA, Thomson Locations: People's Republic of China, Beijing, China, BEIJING
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Exiting J & J The Club sold 500 shares of Johnson & Johnson (JNJ) Monday morning, closing out our position in the pharmaceuticals firm. Johnson & Johnson is facing a slew of legal troubles and there's no resolution in sight. Stick with Salesforce Shares of Salesforce (CRM) came under pressure Monday after the software company received a downgrade from Morgan Stanley. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
Persons: Jim Cramer, shrugging, Johnson, We've, Morgan Stanley, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Federal, The Club, Johnson, BlackRock, Mastercard Locations: Stocks
And yet, the industry is currently battling the highest level of unfilled job openings ever recorded. The construction industry averaged more than 390,000 job openings per month in 2022, the highest level on record, while unemployment in the sector of 4.6% was the second lowest on record. "Commercial construction materials prices are now 40% higher than they were back in February 2020. For construction workers, pay is boomingFor workers who seek construction jobs, the timing has never been better. "The construction industry is now paying 80% more than the average non-farm job in the United States."
Persons: Anirban Basu, Maria Davidson, Lori Ann Larocco, Davidson, it's, Michael Elder, Rucha Vankudre, It's, Brian Turmail, Turmail, doesn't, we've, Vankudre Organizations: Associated Builders and Contractors, ABC, MBTA, Boston Globe, General Contractors of America, . Census Locations: U.S, Boston, United States
Total: 25