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☆ E.l.f. Beauty CEO says low prices have helped company thrive as cosmetics industry slows
▼ + stars: | 2024-09-16 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Beauty CEO Tarang Amin told CNBC's Jim Cramer on Monday that the company has performed well even as the cosmetics industry goes through a rough patch, stressing the budget-conscious nature of the products. The company's most recent quarter beat expectations and the beauty retailer said it saw sales grow by 50%. Amin said the company posted 22 consecutive quarters of net sales growth and market share growth. Some beauty companies have reported a slowdown in consumer spending, and Amin said the category is seeing "softness," down 6%. We'll do the same this time, and the only other big difference is we continue to diversify our supply chains."

Persons: Tarang Amin, CNBC's Jim Cramer, Amin, Gen Z, Roblox Organizations: Alpha Locations: U.S, China

☆ Internal Amazon document spells out its new RTO rule forcing employees to work from an office 5 days a week
▼ + stars: | 2024-09-16 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +13 min

Read previewAn internal Amazon document details the company's new policy requiring corporate employees to work out of the office five days a week. AdvertisementThe internal "Frequently Asked Questions" document shared with employees describes how the new RTO policy will work. It has ended a policy that gave employees the option to work up to four weeks per year fully remote. Amazon provides a variety of commuter benefits and services to give employees flexibility for their commute to the office. AdvertisementWe will continue to work with employees with disabilities to identify the workplace accommodations/adjustments they need.

Persons: —, Andy Jassy, We've, Amazonians, you've, that's, I'm Organizations: Service, Monday, Business, Amazon, Puget Sound, Global Real, Design, Employees, IT Services Locations: U.S, Arlington, Europe, Americas

☆ Goldman Sachs sees S&P 500 at 6,000 in 12 months, gives basket to play lower rates
▼ + stars: | 2024-09-16 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

The Wall Street investment bank sees the S & P 500 rising about 6% to 6,000 in the next 12 months from Friday's close of 5,626.02. "Resilient economic growth should lead to modestly higher bond yields while continued earnings growth drives modestly higher equity prices," David Kostin, Goldman's head of U.S. equity, said in a note to clients on Friday. Wall Street is counting on lower corporate and consumer borrowing costs to boost earnings growth and stock prices. With multiples flat, EPS growth will lead the S & P 500 modestly higher." Goldman believes stocks with a "long duration" could outperform in a falling interest rate environment.

Persons: Goldman Sachs, Goldman, David Kostin, Kostin, Russell, Goldman's Organizations: Federal Reserve, Electric, Rivian Automotive, Lucid, Costco Wholesale Locations: U.S, Friday's

☆ Top Morgan Stanley bankers break down 3 common mistakes startup hedge funds make
▼ + stars: | 2024-09-16 | by ( Alex Morrell | ) www.businessinsider.com time to read: +7 min

Read previewIt's shaping up to be a bustling period for new hedge funds. Startup funds have allies in investment bank prime brokerage units, a crucial lifeline to hedge funds and a growing business on Wall Street. AdvertisementMorgan Stanley has long been home to one of the top prime brokerages, and serving hedge funds is key to the bank's equities ambitions. These are 3 of the top stumbling blocks for startup fund managers and how to handle them, according to Novick and Shaw. AdvertisementBut beyond that, continuing to engage with prospects is simply a sound business strategy.

Persons: —, Jon Caplis, Morgan Stanley, Ted Pick, Penny Novick, Kim Shaw, Shaw, Morgan Stanley's, Novick, they're, allocators, Hone, haven't Organizations: Service, Business, Viking

☆ Amazon drops the hammer on remote work and orders employees back to the office 5 days a week starting January
▼ + stars: | 2024-09-16 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +11 min

The rule further tightens the requirement from last year that workers be on-site at least three days a week. "If anything, the last 15 months we've been back in the office at least three days a week has strengthened our conviction about the benefits," Jassy said. And Meta's Mark Zuckerberg helped kick off the org-chart flattening trend when he criticized "managers managing managers" at the start of his "year of efficiency" in 2023. If anything, the last 15 months we've been back in the office at least three days a week has strengthened our conviction about the benefits. Before the pandemic, not everybody was in the office five days a week, every week.

Persons: Jassy, we've, Jassy's, Mark Zuckerberg, Dominick, we're, I've, it's, It's, Andy Organizations: Walmart, Bloomberg, Business, Healthcare, U.S, Puget Sound Locations: NYC, Arlington, Europe

☆ We've seen softness, but continue to gain market share, says e.l.f. Beauty CEO Tarang Amin
▼ + stars: | 2024-09-16 | by ( Jim Cramer | ) 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 EmailWe've seen softness, but continue to gain market share, says e.l.f. Beauty CEO Tarang Amine.l.f. Beauty Chairman and CEO Tarang Amin joins 'Mad Money' host Jim Cramer to talk recent stock performance, consumer trends, and more.

Persons: Tarang Amin e.l.f, Tarang Amin, Jim Cramer

☆ Amazon is selling a ton of toilet paper and everyday items. Here’s why that’s a problem for investors
▼ + stars: | 2024-09-16 | by ( Paulina Likos | ) www.cnbc.com time to read: +9 min

Faster delivery is prompting more and more people to turn to Amazon to buy paper towels and other everyday items. The growing prevalence of one- and same-day delivery has made Amazon a much more convenient to place to shop for everyday essentials. "If people buy everyday essentials on Amazon, they're more likely to buy other products too," said Jeff Marks, the Club's director of portfolio analysis. This added convenience in ordering everyday essentials from Amazon comes at a challenging time for physical retailers known for selling those same products. The company likes "to be in the consideration set for consumers" in the everyday essentials since it helps drive market share gains, Olsavsky said.

Persons: –, it's, Jeff Marks, Andy Jassy, Jassy, Gil Luria, Davidson, We've, Jim Cramer, Amazon's, Brian Olsavsky, Olsavsky, Wells, Ken Gawrelski, Gawrelski, Morgan Stanley, we're, Davidson's Luria, Luria, Jim, Jim Cramer's, Angus Mordant Organizations: Walgreens, CVS, Aid, D.A, Amazon, CNBC, Bloomberg, Getty Locations: Target, North America, New York

☆ Meet the Enigmatic Man Who Oversees Larry Page's Google Fortune
▼ + stars: | 2024-09-16 | by ( Hugh Langley | ) www.businessinsider.com time to read: +22 min

His success has also helped fuel a boom in family offices, a financial structure pioneered by J.P. Morgan and popularized by the Rockefellers. Today there are thousands of family offices globally, with the total number tripling between 2019 and 2023, according to the data provider Preqin. To protect Page, Osborne has long remained hidden, the man behind the megabillionaire's curtain. AdvertisementThe small staff at Koop, Page's family office in Palo Alto, are fiercely committed to Page's privacy. Through his investment in Way2B1, Page is seeking to make money by monetizing the techniques he uses to make money.

Persons: Thomas, Larry Page, Wayne Osborne, Osborne, Koop, —, Wayne, Jeffrey Epstein, Gmail, Page, he's, Larry, Morgan, Morgan Stanley, hasn't, Justin Sullivan, hawking, Sergey Brin, George Pavlov, Mark Zuckerberg, Jeff Bezos, Melinda Lewison, Natasha Pearl, Aston Pearl, James Estrin, Helen Frankenthaler, Minerva, Joseph E, Brooks, Taylor, Mortimer Zuckerman, Zuckerman, he'd, who'd, Koop's, Ken Goldman, Eric Schmidt, Hugh Langley, Michael Floyd, Floyd, Page's, Lucy Southworth, Southworth, It's, Way2B1, it's, Gilles Martin, Hal Bailey Organizations: QS, Osborne, J.P, Google, Harvard Business School, Princeton Theological Seminary, Presbyterian Church, New York Times, Minerva, U.S . News, Boston Properties, Shell, CIA, Energy Technologies, Oceankind, Forbes, Business, Fiji Locations: New York, Caribbean, St, Palo Alto , California, Wayne, Mississippi, Connecticut, Silicon Valley, U.S, Silicon, Palo Alto, Koop, Nola, margarita, Way2B1, Fijian, superyachts, New Zealand, Fiji

☆ Amazon tells employees to return to office five days a week
▼ + stars: | 2024-09-16 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +12 min

Amazon is instructing corporate staffers to spend five days a week in the office, CEO Andy Jassy wrote in a memo on Monday. The decision marks a significant shift from Amazon's earlier return-to-work stance, which required corporate workers to be in the office at least three days a week. Amazon's headcount totaled 1.53 million employees in the second quarter, representing growth of just 5% from a year earlier. If anything, the last 15 months we've been back in the office at least three days a week has strengthened our conviction about the benefits. Before the pandemic, not everybody was in the office five days a week, every week.

Persons: Andy Jassy, they've, Jassy, didn't, Amazon's headcount, it's, we're, I've, we've, It's, Andy Organizations: Amazon, Healthcare, U.S, Puget Sound Locations: NYC, Arlington, Europe

☆ Here are Monday's biggest analyst calls: Tesla, Nvidia, Apple, Oracle, Carvana, Micron, Sprouts, Zillow, Coca-Cola & more
▼ + stars: | 2024-09-16 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are the biggest calls on Wall Street on Monday: Evercore ISI reiterates Alphabet as outperform Evercore says it's sticking with shares of the search giant. Morgan Stanley reiterates Micron as equal weight Morgan Stanley lowered its price target on the stock to $100 per share from $140. Morgan Stanley reiterates Tesla overweight Morgan Stanley says it's sticking with its overweight rating heading into Tesla's robotaxi day on Oct. 10. Morgan Stanley upgrades Ase Technology to overweight from equal weight Morgan Stanley said in its upgrade of Ase that the chipmaker's stock is defensive. Morgan Stanley upgrades Chart Industries to overweight from equal weight Morgan Stanley says the gas liquefication company has "significant exposure to both energy transition and renewables as well as traditional energy."

Persons: Evercore, Morgan Stanley, Tesla, Simon, Eaton, Wells, Pro Max, Carvana Evercore, Jack Sinclair, Curtis Valentine, Merchant Scott Neal, BTIG, Truist, Melius Organizations: DOJ, Micron, Technology, Industries, Citi, downgrades Colgate, Palmolive, CL, Barclays, GE, GE Vernova, JPMorgan, Apple, Pro, Ally, Mizuho, Oracle, " Bank of America, Nvidia, Bank of America Locations: Tesla's, Staples

☆ Elon Musk deletes X post about Biden, Harris assassination threats after backlash
▼ + stars: | 2024-09-16 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

Marc Piasecki | Getty ImagesTesla CEO and X majority owner Elon Musk wrote and then deleted a Sunday post on X that appeared to question why there weren't more assassination threats made against President Joe Biden and Vice President Kamala Harris. Musk, who has 197.8 million listed followers on X, posted the message shortly after a second apparent assassination attempt against Republican former President Donald Trump. The post was prompted by an X user who asked, "Why they want to kill Donald Trump?" "Well, one lesson I've learned is that just because I say something to a group and they laugh doesn't mean it's going to be all that hilarious as a post on X," Musk posted at 2:58 a.m. E.T. The Trump campaign did not immediately respond to CNBC's request for comment on Musk's post.

Persons: Elon Musk, Mark Read, Marc Piasecki, Joe Biden, Kamala Harris, Musk, Donald Trump, Biden, Kamala, Harris, Tesla, Trump, Musk's, Andrew Bates Organizations: Cannes Lions, Tesla, Republican, National Labor Relations Board, CNBC Locations: Cannes, France

Evercore ISI lowered its price target on Alphabet to $200 from $225 , citing antitrust worried. Analyst Atif Malik's $130 price target, up from $119, implies that the stock could rally 17% from here. The firm upgraded the software giant to a buy rating and hiked its price target to $210 from $155. The investing firm downgraded the online bank to neutral from buy and removed its $44 price target. — Lisa Kailai Han 5:49 a.m.: Evercore ISI trims Alphabet price target Alphabet's antitrust issues will limit upside going forward, according to Evercore ISI.

Persons: Atif, Malik, — Lisa Kailai Han, Ben Reitzes, Reitzes, BTIG, Vincent Caintic, Caintic, Lisa Kailai Han, KeyBanc, Justin Patterson, Patterson, GE Vernova, Julian Mitchell nodded, Mitchell, Mark Mahaney, Mahaney, Fred Imbert Organizations: CNBC, ISI, Barclays, GE Vernova, Citi, Oracle Melius Research, Oracle, Ally, Spotify, TAM, GE, General Electric, Electric Utilities, DOJ, Google, Microsoft, TAC Locations: Friday's, MI, United States, U.S

☆ ‘Shōgun’ makes history and other standout moments from the Emmy Awards
▼ + stars: | 2024-09-16 | by ( Sandra Gonzalez | ) edition.cnn.com time to read: +7 min

In all, the series picked up four awards, including history-making individual acting honors for its two stars Sanada and Anna Sawai. John Oliver thanks his late dogJohn Oliver at the 76th Emmy Awards on Sunday, Sept. 15, 2024 at the Peacock Theater in Los Angeles. You’re very good girls, you’re very good boys, and you all deserve a treat!”John Leguizamo stands up for progressJohn Leguizamo at Sunday's Emmy Awards. Despite my name, I come in peace.” – Will Smith, a English writer and producer and winner of outstanding writing for a drama series for “Slow Horses,” referencing that moment from the Oscars. Nine times out of ten, I’m right.” – Steve Martin“Welcome everybody to the 76th Emmy Awards — also known as broadcast TV’s biggest night for honoring movie stars on streaming services.” – Dan Levy, who hosted alongside dad Eugene a solid – if not safe – show

Persons: Shōgun, Justin Marks, Hiroyuki Sanada, Chris Pizzello, “, ”, Sanada, Anna Sawai, Sawai, ” Richard Gadd, Richard Gadd, I’d, Lisa Colón, Zayas, Liza Colon, Jae, Tina, Meryl Streep, Sheryl Lee Ralph, Carol Burnett, ” Candice Bergen, ’ Candice Bergen, Kevin Winter, Murphy Brown, Candice Bergen, she’s, Bergen, Dan Quayle, Murphy, Selena Gomez, Steve Martin, Martin Short, John Oliver, Danny Moloshok, Sarah McLachlan, ” Oliver, John Leguizamo, Mario Anzuoni, Reuters John Leguizamo, Leguizamo, “ She’s, Kathy Bates “, ” – Will Smith, Nicole Kidman, Steve Martin “, —, ” – Dan Levy, Eugene Organizations: CNN, Voters, Republican, Peacock, Reuters, New York Times Locations: Los Angeles

☆ Manchester City vs the Premier League – explaining the 115* charges and how long the case will take
▼ + stars: | 2024-09-16 | by ( Jacob Whitehead | ) www.nytimes.com time to read: +20 min

The hearing which will decide whether Manchester City broke 115* of the Premier League’s financial rules begins today (Monday) in London. It has been a long time coming — over 18 months since the Premier League announced its investigation had escalated into charges in February 2023. This is The Athletic’s guide to the 115* alleged charges (yes, we will explain the asterisk). AdvertisementIf the commission finds on “the balance of probabilities” that this was not the case, City will be found guilty. Should the Premier League rules be shown to be unlawful, their argument that City have broken those rules is significantly weakened.

Persons: ”, Pep Guardiola, Naomi Baker, we’ve, Buckle, Der Spiegel, —, Abu, Roberto Mancini, Yaya Toure, City’s, Sheikh Mansour —, Al, Mancini, Abu Dhabi’s Al, Sheikh Mansour, Toure, Sheikh Mansour’s, City, “, Pep, Justin Setterfield, What’s, “ What’s, Eamonn Dalton Organizations: Manchester City, Premier, Premier League, Champions League, FA, Everton, Nottingham Forest, Forest, City Football Group, League, Der, City, Al, Sheikh Mansour’s Abu Dhabi United Group, The Premier League, UEFA, Sport, Premier League —, Newcastle United, Saudi, Investment Fund, British, The Times, Athletic, League KCs Locations: London, City, Abu Dhabi, Al Jazira, Abu, Abu Dhabi’s Al Jazira, Sheikh Mansour’s Abu Dhabi, European, Der Spiegel

☆ 25 cheap, quality stocks set for strong earnings growth in 2025: Goldman Sachs
▼ + stars: | 2024-09-15 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Read previewMidsize stocks are an investment straight out of the "Goldilocks and the Three Bears story," and Goldman Sachs believes they're destined for a fairy-tale ending. Goldman Sachs suspects that a reversal is coming as mid-cap earnings top those of large caps. And while small caps should post even higher earnings growth next year, that cohort is filled with unprofitable companies, Ma noted. "Low-quality segments of the market, such as small caps, will likely remain pressured at these levels due to weak balance sheets and low profitability." Below are 25 mid-cap stocks in the S&P 400 that Goldman Sachs spotlighted due to their solid balance sheets, double-digit expected earnings growth for 2025, above-average sales growth, and cheap valuations based on their forward earnings multiple versus their five-year median.

Persons: —, Goldman Sachs, Jenny Ma, Ma, they've, Goldman Organizations: Service, Business, Federal Reserve

“My father, who had experience in the food industry, told me at first to do something else. He said it’s too hard, it’s too much work, too many hours,” Pulido told NBC News. Since then, Pulido has expanded her dining area and her kitchen, she told NBC News. “The week that I was sworn in was the week that I delivered my last baby,” she told NBC News. This year, she was recognized with the 2024 Latino Spirit Award from the California Latino Legislative Caucus for her achievement in public service and health.

Persons: Kenny Luna, Luna, “ campo, Scott Hattis, Hattis, Dominican —, Yadi Garcia, ” Luna, ”, “, Loisa, Ana Liz Pulido, ’, Oscar ”, Beard, Ana Liz Taqueria, she’s, ” Pulido, Pulido, Dr, Diana E, Ramos, California’s, ” Ramos, ” Dr, Nadine Burke, Kimberly White, California Cristina Rivera Garza, Cristina Rivera Garza, “ Liliana’s, Rivera Garza —, MacArthur, Rivera Garza Organizations: Dominican dad’s New, Dominican, New York, NBC News, Mexican, NBC, OB, California Latino Legislative Caucus, Latina, South Central, Justice, University of Houston, U.S Locations: Dominican dad’s New York City, ”, Dominican, Caribbean, New, Side, Puerto Rican, U.S, Texas, Mexican American, Mission , Texas, Mission, California, South, South Central Los Angeles, Sacramento, Mexican, Mexico

☆ David Zaslav risked Warner Bros. Discovery's future by passing on the NBA — and the gamble might pay off
▼ + stars: | 2024-09-14 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

NBA rights proved to be a hotter commodity than many expected — seemingly including WBD CEO David Zaslav. The Charter deal is a coup for WBDWall Street has had little confidence in Zaslav and company lately. AdvertisementAfter the news that WBD had done just that with Charter, Greenfield heaped praise on WBD. As great as WBD's deal with Charter may be, Greenfield doesn't believe Zaslav is out of the woods. If Zaslav surprises the Street again with his Comcast deal, his company may have better days ahead.

Persons: —, David Zaslav, NBCU, WBD's, Max —, WBD, Rich Greenfield, LightShed, Greenfield, Turner, Craig Moffett, MoffettNathanson, Moffett, Zaslav, Brian Roberts, Matt Belloni, Greenfield doesn't, Comcast's NBCU, Charter's, Venu, Brandon Ross Organizations: Service, Warner, NBA, Business, TNT, HGTV, Food Network, Comcast, DirecTV, Warner Bros, WBD, Charter, NBC Universal, Zaslav, Puck News, —, Disney Locations: Zaslav

☆ Spotify is testing much-needed parental controls for kids under 13. As a parent, I can't wait.
▼ + stars: | 2024-09-14 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +3 min

Read previewSpotify just announced it's testing a new parental control feature that will allow parents to block explicit lyrics and other content. AdvertisementOn all accounts, it's possible, deep within user settings, to turn off explicit lyrics, which makes songs marked "E" unplayable. It will direct you to the exact toggle switch in Settings to turn explicit content back on. The new parental controls will allow a parent to set this up in a way that kids can't just turn it back off. Related storiesThe new feature allows parents to block or limit the videos on Spotify (including the short looping videos that play over a song).

Persons: —, Taylor Swift, you'll, They'll, Gen, I'm Organizations: Service, Spotify, Business, Gen Alpha Locations: Denmark, Sweden, New Zealand

☆ We ranked the latest earnings reports from 30 portfolio stocks from great to ugly
▼ + stars: | 2024-09-14 | by ( Zev Fima | ) www.cnbc.com time to read: +14 min

The company may have maintained its full-year revenue outlook, but that was taken as good enough after last quarter's debacle. Management also provided a better-than-expected sales, earnings, and recurring revenue outlook. The Good Abbott Laboratories : Sales, earnings and organic growth all exceeded analyst estimates. Broadcom : Sales and earnings outpaced expectations , driven by strong sales of its AI products and VMware software. Alphabet : Delivered largely better-than expected earnings results that showed the search and cloud giant is finally on better footing in the fast-growing AI space.

Persons: we've, Lisa Su, —, Eli Lilly, Zepbound, Stanley Black, Stanley, Morgan Stanley, Procter, Jim Cramer's, Jim Cramer, Jim, Steve Marcus Organizations: Costco, DuPont, Club, Management, Nvidia, Palo Alto Networks, Good Abbott Laboratories, Broadcom, VMware, Wealth Management, Investment Management, Microsoft, Constellation Brands, TJX, Amazon Web Services, Coterra Energy, GE Healthcare, Honeywell, Gamble, Jim Cramer's Charitable, CNBC, AMD Locations: China, Covid, Dover, Eaton, Palo, North America, GEHC, Wells Fargo, Las Vegas , Nevada, U.S

☆ Sean ‘Suga’ O’Malley: Meet the UFC champion who is ‘just so sweet to watch’
▼ + stars: | 2024-09-14 | by ( Ben Morse | ) edition.cnn.com time to read: +10 min

Known for his creative social media output and seismic success in the Octagon, O’Malley has quickly become a fan favorite and UFC champion. O'Malley's combination of his unique look, social media output and success in the ring has made him a UFC favorite. O’Malley said on social media that he was withdrawing from his fight against Jose Quiñonez on October 6, 2018 at UFC 229 after failing a drugs test. A couple of face tats, a couple colorful hairs and boom.”To pair with that, his social media activity differs widely from the traditional content seen from his contemporaries. He explains that he’s always been the “class clown, goofy kid” and that he sought a way of turning that into something more tangible through social media.

Persons: Sean O’Malley, O’Malley, “ Suga, Johnny Aho, ” O’Malley, Georgia’s Merab Dvalishvili, Chris Unger, Jose Quiñonez, ”, ” USADA, Marlon Vera, O’Malley’s, Tim Welch, Welch, Pedro Munhoz, Petr Yan, Aljamain Sterling, “, Vera, Paul Rutherford, Spencer Kyte, Alexander Volkanovski, Stephen ‘ Wonderboy ’ Thompson, O'Malley, Megan Briggs, Suga ”, MMXXIII, ’ ”, ’ “, he’s Organizations: CNN, UFC, CNN Sport, Doping Agency, Fighting, Ecuadorian, YouTube, Getty Locations: Helena , Montana, U.S, Miami , Florida

☆ USS White River: How the US Navy transformed a landing vessel into a legendary rocket artillery ship
▼ + stars: | 2024-09-14 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +14 min

Rather than building an entirely new vessel, it was decided to modify medium-sized landing ships (classified as LSMs for 'Landing Ship Medium'). Officially renamed USS White River in 1955, the ship was decommissioned again in 1956. A day after that, White River fired on a nearby VC anti-aircraft site, destroying it and killing or wounding 11 guerillas. Winstead/National ArchivesFuture shore bombardment and LSMsDespite its value and firepower, by 1970, White River was showing its age. Now known as the Medium Landing Ship program, the Navy hopes to acquire 18 to 35 of the vessels.

Persons: —, White, Cmdr, Roy E, McCoy, Chris Page, we'd, R.E, Winstead, USS Zumwalt, hasn't, they're, Benjamin Brimelow Organizations: Service, US Defense Department, Business, Navy, US Navy, USS, National Archives ', Archives, Atlantic Reserve Fleet, Pacific Fleet, Pacific Reserve Fleet, South Vietnamese Army, Archives Future, Naval, AGS, Marine Corps, Operations, Corps, Global Affairs, Fletcher School of Law, Diplomacy, Modern, Institute Locations: Ukraine, White, beachheads, Pacific, Africa, Europe, Plaines, California, Japan, LSMR, Ch'o, Korean, San Diego, Vietnam, South, Ngãi Province, South Vietnam, Cambodian, Gulf, Thailand, Delta, Viet, Quảng Ngãi, Phuoc Tuy Province, Missouri, West

The artificial intelligence-generated image of Taylor Swift endorsing Donald Trump, which the singer said inspired her to endorse Kamala Harris for president this week, came from an unlikely place. A reverse-image search conducted by NBC News did not find any earlier incidences of the image being posted online. Taylor Swift performing in Sydney on Feb. 23. In the caption, she cited the AI-generated image Trump posted as one of the reasons why she wanted to make her stance known publicly. “I agree with Taylor that AI, when used by bad actors, can be a danger to democracy,” the AI image creator said.

Persons: Taylor Swift, Donald Trump, Kamala Harris, “ Taylor, Joe Biden, ”, Swift, boomer, Biden, David Gray, Hinton, Boomer, “ Taylor Swift, Sam, Trump, “, ‘, Taylor, Harris, ’, Donald Trump’s, ” Swift, I’ll Organizations: Truth, Biden Facebook, NBC News, Facebook, Biden, Trump, Getty Locations: Sydney, AFP, “, Instagram

The overall strategy and schedule are still being finalized for the Obamas, the people familiar with their plans said, and they will take their direction from the Harris campaign about what’s needed on the campaign trail. During Michelle Obama’s speech at the DNC in Chicago, she implored Democrats to not just support Harris this November but “do something” to help her win. The Obamas and Clintons would have had some role in the home stretch of the Biden campaign had it continued. One person close to the planning said now they can help with different constituencies Harris needs to win over in November. First lady Jill Biden has also pledged to campaign for Harris in the fall, with a possible focus on education.

Persons: WASHINGTON —, Barack Obama, Bill Clinton, Michelle Obama, Hillary Clinton, Kamala Harris ’, Harris, ”, Eric Schultz, Obama, IWillVote.com, Schultz, it’s Harris, Joe Biden, Michelle Obama’s, Harris ’, Biden, He’s, Clinton, Donald Trump, Jill Biden, Josh Shapiro, California’s Gavin Newsom, Cory Booker, Laphonza Butler Organizations: WASHINGTON, Democratic, Convention, persuadable, DNC, Biden Locations: Los Angeles, Chicago, Georgia, Philadelphia, Sens, D

☆ A man who retired at 36 built 3 passive-income streams to ditch his full-time job decades early
▼ + stars: | 2024-09-13 | by ( Business Insider | Stephanie Hallett | ) www.businessinsider.com time to read: +5 min

He took his earnings and invested them in ways that would continue to generate passive income. His main source of passive income is real-estate investmentsIn 2020, Quan earned $59,000 from investing in real estate, making up 78% of his passive income. "My general approach to ETFs is that I want a mix of growth and dividend ETFs so that I have a balanced approach within the portfolio. It's really about being balanced, because the markets grow in different ways," Quan said. In 2020, his online passive income streams generated about $10,000.

Persons: —, Michael Quan, Quan Organizations: Service, Business Locations: Nevada, Airbnb, Venice , California, San Antonio

☆ Stocks making the biggest moves midday: Moderna, Uber, Boeing, Adobe and more
▼ + stars: | 2024-09-13 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Oracle — The stock rose nearly 2% after the database software company raised its fiscal 2026 revenue outlook . Uber — Shares of the ride-sharing company advanced more than 5% following news that it plans to expand its partnership with Alphabet's Waymo . Adobe — Shares tumbled 9% after the software company issued weaker-than-expected guidance for the current quarter. Unity Software — Shares of the game engine company added nearly 7%. Discovery — Shares advanced about 9% after the media conglomerate entered an early renewal agreement with Charter Communications.

Persons: Kevin Clark, RH —, Gary Friedman, Alphabet's Waymo, Uber, Stifel, Biden, David Zaslav, —, Jesse Pound, Sean Conlon, Samantha Subin, Hakyung Kim Organizations: JPMorgan, Oracle, Aptiv, — Stock, Adobe, Boeing, Unity, Holdings, PDD Holdings, Redfin Corporation, Federal Reserve, U.S, Home, Warner Bros, —, Charter Communications, Discovery Locations: U.S, Austin , Texas, Atlanta, China

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