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☆ Egypt is building a new walled buffer zone more than 2 miles wide on Gaza border, satellite images show
▼ + stars: | 2024-02-16 | by ( Paul P. Murphy | ) edition.cnn.com time to read: +6 min

If the buffer zone — which stretches from the end of the Gaza border to the Mediterranean Sea — is completed, it will completely engulf the Egyptian-Rafah border crossing complex. Additional satellite imagery reviewed by CNN shows that bulldozers arrived on site on February 3, and the initial excavation of the buffer zone began on February 6. CNN has reached out to the Egyptian government for comment on the buffer zone and wall construction. This satellite image from Maxar Technologies shows Egypt building a massive miles-wide buffer zone, and border wall, along its border with Gaza. Israel has been accused of constructing its own buffer zone, but within Gaza, which would effectively shrink the enclave’s borders.

Persons: Benjamin Netanyahu, ’, Peter Lerner, Rajaa Musleh, “, ” Musleh, Fabrizio Carboni, Israel’s, Gazans, Israel, Netanyahu, Volker Türk, ”, ” Türk Organizations: CNN, Maxar Technologies, Sinai Foundation, Human Rights, Gaza Maxar Technologies, Israel Defense Forces, International Committee, Red Cross, New Zealand, UN, Human, IDF Locations: Egypt, Gaza, Rafah, Egypt’s, Gazan, Israel, Australia, Canada, New, North Sinai

☆ I earned an extra $8,400 last year from a side hustle that took just 30 minutes each month
▼ + stars: | 2024-02-15 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +3 min

This as-told-to essay is based on a transcribed conversation with Justin Cambra, a former Amazon worker from Seattle who started a parking side hustle. I rent out parking spaces at my house. I realized I had tons of parking space at my house — around half an acre of paved space. I started by pricing each space at $213 a month per stall, which is what was recommended on the site. That cost me around $6,000 in total over the last year but meant I had 20 parking spaces.

Persons: Justin Cambra, I'm, I've, we've Organizations: Business, Amazon, Seattle Tacoma International Locations: Seattle

☆ Trump’s First Criminal Trial Date Was Set for Next Month
▼ + stars: | 2024-02-15 | by ( Matthew Cullen | ) www.nytimes.com time to read: +1 min

The judge, Juan Merchan, scheduled the trial to begin on March 25, ensuring that Trump will face at least one jury before Election Day. The New York case is generally viewed as the least significant of the four criminal cases against the former president, but it still presents a formidable threat. Trump is facing 34 felony charges and, if convicted, a sentence of up to four years in prison. The trial was originally scheduled to come after Trump’s federal election interference trial in Washington, which is now stalled. The federal trial could take place in the late spring or early summer, or not at all, depending on the Supreme Court, which will soon have to decide whether Trump has executive immunity.

Persons: Donald Trump’s, Juan Merchan, Trump Organizations: Trump, The Locations: Manhattan, American, York, Washington

☆ Advisory firm discusses possible outcomes of Indonesia election
▼ + stars: | 2024-02-14 | 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 EmailIndonesia polls: There will be much continuity between some government personnel, says advisory firmDouglas Ramage, founding managing director of BowerGroupAsia Indonesia, says if the elections don't go to a second round, "and we've got Prabowo clearing 50% plus one today, there will surely … be disputes brought to the Constitutional Court which adjudicates all election disputes" and protests are possible, though unlikely to be "fundamentally destabilizing."

Persons: Douglas Ramage, we've Organizations: Indonesia, BowerGroupAsia Locations: BowerGroupAsia Indonesia

Turnout tends to be lower, and holding an election during a February snowstorm doesn't make voting any more attractive. The fact that the seat in New York’s 3rd Congressional District was scandal-tainted by Santos means the GOP had an extra burden to motivate their voters. Republicans, meanwhile, tend to show up more on Election Day, and Nassau County Republicans have an unusually good turnout machine. Not only did Suozzi win the election, but he was winning in the Nassau County part of the district by 6 percentage points with 93% of the vote in. That margin would mark a massive shift from 2022, when Santos won the county by 10 percentage points over Democratic foe Robert Zimmerman.

Persons: George Santos, Santos, Tom Suozzi, Republican Mazi, Joe Biden's, Pilip, Donald Trump, weren't, Sen, Chris Murphy, Tom Bonior, Bonior, Robert Zimmerman, There's Organizations: Congressional, GOP, Republican, Republicans, Democratic Congressional, Biden, House Republicans, Senate, Democratic Locations: New York’s, New York, Connecticut, Snowplows, TargetSmart, Nassau, Nassau County, Blue America

☆ I.R.S. Commissioner Aims to Show Progress Amid Threats of Budget Cuts
▼ + stars: | 2024-02-14 | by ( Alan Rappeport | ) www.nytimes.com time to read: +1 min

A year later, Mr. Werfel has overseen the clearing of a backlog of thousands of tax filings, shrinking wait times on the I.R.S. telephone lines and the creation of a system that lets qualified taxpayers submit their federal returns with no cost. But those achievements have not been enough to satisfy Republicans, who have accused Mr. Werfel of making the I.R.S. commissioners and when Mr. Werfel testifies before the House Ways and Means Committee on Thursday, he will receive a frosty reception as he fends off efforts to cut his agency’s budget. For Mr. Werfel, the face-off is an opportunity to explain why even skeptics would benefit from a well funded I.R.S.

Persons: Daniel Werfel, Werfel Organizations: Internal Revenue Service

☆ Matthew from 'Love Is Blind' season 6 walked off the show. Here's what we know about what he's doing now.
▼ + stars: | 2024-02-14 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +5 min

Warning: Spoilers ahead for the first six episodes of "Love Is Blind" season six. Matthew leaves after Amber Desiree "AD" confronts him for saying the same things to her and another woman also named Amber. AdvertisementMatthew Duliba might be the most controversial contestant on "Love Is Blind" season six. AdvertisementWhile Matthew hasn't posted his "Love Is Blind" portrait on social media like virtually every other contestant this season, he has acknowledged the show subtly. Matthew Duliba/InstagramThe next three episodes of "Love Is Blind" season six air on February 21.

Persons: Matthew, Amber Desiree, Amber, he's, —, Matthew Duliba, Sarah Ann, Smith, Amber Grant, it's, I've, Clay Gravesande, Matthew hasn't, there'd, Kenneth Gorham, Jimmy Presnell, Jeramey Lutinski, Jimmy, Ken, Mathew, Amber isn't Organizations: Service, Vanguard, New York Daily News Locations: America

☆ Robinhood is running a 3% IRA match that can boost your retirement savings and reduce your tax payment
▼ + stars: | 2024-02-14 | by ( Business Insider | Sarah Silbert | ) www.businessinsider.com time to read: +7 min

Or with Robinhood Gold, you'll get 3% (rollovers and transfers get 3% until April 30). Earn a 3% match on Robinhood IRA contributionsIf you're a Robinhood Gold customer with a Robinhood IRA, you have an opportunity to make these things a little sweeter. The funds that earned the match must be kept in the account for at least 5 years to avoid a potential Early IRA Match Removal Fee. Robinhood does not provide tax advice; please consult with a tax adviser before taking an action that may entail tax consequences. The Robinhood IRA is available to any U.S. customer with a Robinhood brokerage account in good standing.

Persons: You'll, you'll, Robinhood, rollovers, Roth Organizations: Robinhood, IRA, Robinhood Securities, LLC, Inc

☆ A bet using options that a long-underperforming bank is finally turning the corner
▼ + stars: | 2024-02-14 | by ( Tony Zhang | ) www.cnbc.com time to read: +2 min

There has been a revolving door of CEOs, but Jane Fraser has seemed to catch investors' attention finally. As the bank shed unprofitable businesses and focused on generating revenue growth, the stock has not underperformed over the last 10 months. Additionally, I am quite comfortable as an investor buying into a bank that is trading at 7 times forward earnings. Options on Citigroup are not very expensive, so my preference is to capture the potential upside by using a simple call option. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Jane Fraser, selloff Organizations: Citigroup, Citi

Democrat Tom Suozzi flipped a New York congressional seat blue Tuesday night, narrowing the GOP's already razor-thin majority in the House and boosting the spirits of Democrats fretting about President Joe Biden's strength in the fall elections. A centrist Democrat, Suozzi was seeking to get back the job he had before he left to run, unsuccessfully, for the gubernatorial nomination in 2022. Suozzi also faced an electorate unhappy with Biden in general and, in particular, the influx of immigrants over the border. A little-known Nassau County legislator, Pilip is a registered Democrat who was running on the Republican and Conservative Party lines. Democrats also scored a big win in Pennsylvania on Tuesday night, retaining control of the state House with Jim Prokopiak's unexpectedly lopsided victory over Republican Candace Cabanas.

Persons: Tom Suozzi, Joe Biden's, Republican Mazi Pilip, ” Suozzi, ”, Biden, Donald Trump, Alejandro Mayorkas, impeaching, – Suozzi, Democratic Sen, Claire McCaskill, Suozzi, George Santos –, Santos, –, Grace Meng, Pilip, Jim Prokopiak's, Republican Candace Cabanas Organizations: Associated Press, Suozzi, Republican, Nassau, Nassau County Republican, Congressional, Republicans, Homeland, Democratic, MSNBC, Democrat, –, Democratic New York Rep, Conservative Party, Nassau County Republicans, Democrats Locations: York, Nassau County, Israel, Gaza, New, New York, impeaching Mayorkas, Pennsylvania

SAN FRANCISCO (AP) — A former interim mayor of San Francisco announced Tuesday he's running for his previous job, joining a competitive field of candidates who say the city has crumbled under the watch of Mayor London Breed, who is up for reelection this year. The lawyer and former city supervisor said he had not planned to return to politics but feels he has the right skills to turn San Francisco around. While she's not on the March 5 ballot, Breed is pushing a pair of public safety proposals that are. Critics say the ballot measures are not in line with San Francisco voters who value privacy over surveillance and encouraging rather than mandating participating in drug treatment programs. Meanwhile, political action committees supporting Breed have raised $1.3 million, including $200,000 from Michael Bloomberg, former New York City mayor.

Persons: —, London Breed, Mark Farrell, Breed, Ed Lee, San, ” Eric Jaye, “, ” Jaye, San Jose . San, Farrell, Ahsha Safaí, Daniel Lurie, Levi Strauss, she's, Lurie, E, Miriam Haas, Haas, Michael Bloomberg, Safaí Organizations: FRANCISCO, San Francisco, London, Associated Press, Democratic, New York City Locations: San Francisco, Francisco's, San Jose ., San Jose . San Francisco, New York

☆ Here Are the Republicans Breaking With Their Party to Back Ukraine Aid
▼ + stars: | 2024-02-12 | by ( Carl Hulse | ) www.nytimes.com time to read: +1 min

Seventeen Senate Republicans have bucked a majority of their party and former President Donald J. Trump in joining Democrats to push military assistance for Ukraine toward approval in the Senate, highlighting a widening foreign policy divide in the contemporary Republican Party. The 17 senators, mainly national security hawks who include several military veterans, have provided the votes necessary to overcome multiple filibusters backed by a majority of their colleagues, clearing the way for approval within days of $95 billion in aid to Ukraine, Israel and allies in the Pacific region. “The thread that binds that group together is national security,” said Senator Jerry Moran, a Kansas Republican who is one of the 17. “America’s national security, the belief that what happens in Ukraine matters to the United States, the belief that what happens in Israel matters and the belief that what happens in the South Pacific matters.”Backing the funding could draw condemnation from Mr. Trump and his allies, a possibility that was most likely a factor in the decision of some to oppose it.

Persons: Donald J, ”, Jerry Moran, “, Trump Organizations: Republicans, Trump, Democrats, Republican Party, Kansas Republican Locations: Ukraine, Israel, Pacific, Kansas, United States, South Pacific

☆ Migratory species are in a shocking state of decline, landmark UN report shows
▼ + stars: | 2024-02-12 | by ( Angela Dewan | Rachel Ramirez | ) edition.cnn.com time to read: +8 min

Migratory species include some of the most iconic animals on the planet, like elephants. Yasuyoshi Chiba/AFP/Getty ImagesBaby Leatherback sea turtles head to the sea at sunset on Indonesia's Lhoknga Beach in February 2023. Those activities also fragment migratory species’ pathways, sometimes making it impossible for them to complete their journeys. Around 58% of the monitored locations recognized as important for migratory species are facing what the CMS says are unsustainable levels of pressure from humans. “Migratory species have a special role in nature as they don’t recognize political boundaries,” said Anurag Agrawal, professor of environmental studies at Cornell University.

Persons: They’ve, Yasuyoshi Chiba, Chaideer Mahyuddin, Didier Brandelet, Kristin Laidre, Amy Fraenkel, Scott Gibbons, Zheng Yuanjian, Carl de Souza, Sergio Pitamitz, Wolfgang Kaehler, ” Inger Andersen, ”, Anurag Agrawal Organizations: CNN, UN, Convention, Animals, Getty, McCormick, United Nations Environment, Cornell University Locations: Asia, Alaska, Kimana, Kenya, AFP, Beach, Greenland, Elsehul, South Georgia, longline, Chicago, Lake Michigan, Xinhua, Mongolia, UN, Samarkand, Uzbekistan

☆ This construction ETF is breaking out with no sell signals on the horizon, according to the charts
▼ + stars: | 2024-02-12 | by ( Katie Stockton | ) www.cnbc.com time to read: +7 min

—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.

Persons: Katie Stockton Organizations: Infrastructure Development, Fairlead, CNBC Pro, Securities Locations: timeframes

☆ Venezuela builds forces near Guyana border despite agreement to de-escalate
▼ + stars: | 2024-02-09 | by ( Vasco Cotovio | Allegra Goodwin | ) edition.cnn.com time to read: +3 min

CNN —Satellite images show Venezuela has bolstered its military presence near the border with Guyana, despite Caracas saying it would pursue a diplomatic avenue to try and resolve the long-standing territorial dispute over an oil-rich piece of Guyanese land. Anacoco Island military base on July 28, 2021. Satellite image ©2024 Maxar Technologies Anacoco Island military base on January 13, 2024. Satellite image ©2024 Maxar Technologies Aerial views of Anacoco Island military base on July 28, 2021 and January 13, 2024. Venezuela later reached an agreement with Guyana on December 15 to avoid escalation and try to settle the dispute between the two countries without force.

Persons: “, ” Organizations: CNN, 11th Armoured Brigade, 6th Venezuelan Army Corps Engineers, Venezuelan Army, Center for Strategic, International Studies Locations: Venezuela, Guyana, Caracas, Guayana, Republic, Washington, Venezuelan

☆ Parents Are Highly Involved in Their Adult Children’s Lives, and Fine With It
▼ + stars: | 2024-02-09 | by ( Claire Cain Miller | ) www.nytimes.com time to read: +1 min

The popular conception has been that this must be detrimental to children — with snowplow parents clearing obstacles and ending up with adult children who have failed to launch, still dependent upon them. But two new Pew Research Center surveys — of young adults 18 to 34 and of parents of children that age — tell a more nuanced story. Most parents are in fact highly involved in their grown children’s lives, it found, texting several times a week and offering advice and financial support. Nine in 10 parents rate their relationships with their young adult children as good or excellent, and so do eight in 10 young adults. Rather than feeling worried or disappointed about how things are going in their children’s lives, eight in 10 parents say they feel proud and hopeful.

Organizations: Pew Research

BOSTON (AP) — Brad Marchand and Danton Heinen scored short-handed in the first period, and the Boston Bruins beat the Vancouver Canucks 4-0 on Thursday night in a matchup of the NHL’s top two teams. Morgan Geekie and Pavel Zacha also scored, and Charlie Coyle set up both short-handed goals as the Bruins bounced back from a 4-1 loss to Calgary at home Tuesday. That's what they did.”It was the eighth victory in 10 games for Boston, which tied Vancouver atop the league standings with 73 points. “That’s something we want to get better at.”Thatcher Demko made 21 saves for the Canucks, but his nine-game winning streak was snapped. Marchand, positioned at the edge of the crease, scored off the rebound 32 seconds in for his 25th goal.

Persons: — Brad Marchand, Danton Heinen, Linus Ullmark, Morgan Geekie, Pavel Zacha, Charlie Coyle, “, we've, Ullmark, haven't, hasn’t, ” Coyle, ” Thatcher Demko, ” Demko, Jakub Lauko, Coyle, Demko . Marchand, Elias Pettersson —, ” Pettersson, David Pastrnak’s, Tyler Myers, He's, Jim Montgomery, Geekie, “ He'd, ” Zacha, James van Riemsdyk, ___ Organizations: BOSTON, Boston Bruins, Vancouver Canucks, Bruins, Calgary, Boston, Stanley, Canucks, Vancouver, ”, ” Bruins, NEXT Canucks, Detroit, Washington Locations: Vancouver, Florida, Demko, Boston

WASHINGTON (AP) — President Joe Biden will not seek any redactions in a report by the Justice Department special counsel investigating his handling of classified documents, the White House said Thursday, clearing the way for its release. White House Counsel's office spokesman Ian Sams said the White House had notified the Justice Department that it had completed a review of the report Thursday morning. The public report may still include some redactions by the Justice Department of any classified information. The yearlong investigation centered on the improper retention of classified documents by Biden from his time as a senator and as vice president. Attorney General Merrick Garland said in a letter to Congress Wednesday that he was committed to disclosing as much of the document as possible once the White House review was complete.

Persons: Joe Biden, Ian Sams, ”, Biden, Obama, Donald Trump, General Merrick Garland Organizations: WASHINGTON, Justice Department, White Locations: Delaware

☆ Yaroslava Mahuchikh: ‘When I see Russian athletes …. I see every city destroyed,’ says Ukrainian high jumper
▼ + stars: | 2024-02-08 | by ( George Ramsay | ) edition.cnn.com time to read: +9 min

Mahuchikh won her first world championship title in August, then successfully defended her Diamond League Final victory in September. That’s often a source of anxiety for Mahuchikh, especially when Russian attacks target the eastern city. This year’s Olympics, Mahuchikh believes, will enable Ukrainian athletes to promote a message of peace, though perhaps inevitably, the Games have also become entwined in geopolitics. However, international federations have the first say on whether Russian and Belarusian athletes can qualify for the Olympics. “When I see Russian athletes … I see every city destroyed, every life that was destroyed by Russian people, by the Russian Federation,” she says, adding that she would find it “difficult” to compete against athletes from Russia and Belarus.

Persons: Yaroslava Mahuchikh, Mahuchikh, “, ” Mahuchikh, –, Ben Stansall, itinerancy, ”, ‘, it’s, ’ ”, General’s, Kirby Lee, Vadim Guttsait, Greg Baker, shouldn’t, …, Emmanuel Macron, Dean Mouhtaropoulos, Guttsait, Karsten Warholm, Duplantis, Puma – Organizations: CNN, CNN Sport, Diamond League, Paris Olympics, Getty, Department, USA, Reuters, Olympic Committee, International Olympic Committee, Games, Olympics, Athletics, Ukrainian, Russian Federation, IOC, Millrose, Puma Locations: Ukraine, New York, Glasgow, Budapest, AFP, Europe, Dnipro, That’s, “, ’, ’ ” Dnipro, Russia, Belarus, Xiamen, China, Paris, Belarusian, Russian, Silesia, Poland, Tokyo, Cottbus, Germany

It's a story increasingly familiar in the energy industry: Some utility companies don't properly assess the risks wildfires pose to their operations. The primary purpose is to prevent power lines from igniting a wildfire during periods of high fire danger. The lawsuit also alleges the company "inexcusably kept their power lines energized during the forecasted high-fire danger conditions." A PG&E utility worker locates a gas main line in the rubble of a home burned down by wildfire in Paradise, California, Nov. 13, 2018. Several of those agencies track statewide wildfire information, but most did not keep track of the names of utility companies associated with wildfire incidents.

Persons: Michelle Glogovac, Glogovac, Laurie Allen, Brent Jones, Allen, Jones, inexcusably, Michael Wara, Shelee Kimura, Yuki Iwamura, David Pomerantz, Pomerantz, Patti Poppe, It's, JOSH EDELSON, Warren Buffett's, Stanford's, CNBC's Brian Sullivan, David Paul Morris, Institute's Pomerantz, Tama Organizations: CNBC, Electric, Energy, Stanford University, Hawaiian Electric, AFP, Getty, Policy, Policy Institute, NV Energy, Warren Buffett's Berkshire Hathaway Energy, Bloomberg, Getty Images Locations: Paradise , California, Lahaina , Hawaii, Hawaii, Maui, Maui County, Lahaina, California, Nevada, Warren, — Arizona, California , Colorado, Hawaii , Montana , Nevada , New Mexico , Oregon , Utah, Washington, Arizona , New Mexico, Utah

☆ EU Parliament Strips Former VP Eva Kaili of Immunity in Fraud Case
▼ + stars: | 2024-02-07 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +1 min

BRUSSELS (Reuters) - The European Parliament on Tuesday afternoon stripped its former vice-president Eva Kaili of her immunity, clearing the way for an investigation of Kaili's alleged involvement in a 150,000 euro ($161,355) EU budget fraud case from 2015. The fraud case is unrelated to the corruption scandal dubbed Qatargate, in which the Greek politician is also involved. The report that was put to vote states that in the fraud case Kaili is accused of fraudulently spending between €120,000 and €150,000 of public money. The office of Kaili's lawyer, Spyros Pappas, did not immediately reply to a Reuters' request for comment but Pappas told news outlet Politico before the vote that he would take further legal action if Kaili's immunity were lifted. He told Politico that the notion that Kaili could serve prison time based on the outcome of the investigation is “at this stage rather premature and unsubstantiated”.

Persons: Eva Kaili, Kaili's, Spyros Pappas, Pappas, Charlotte Van Campenhout, Gerry Doyle Organizations: EU, Politico Locations: BRUSSELS

☆ Videos show Russians beating land mines with logs, one of a few odd mine-clearing methods that have shown up in the Ukraine war
▼ + stars: | 2024-02-06 | by ( Chris Panella | ) www.businessinsider.com time to read: +1 min

Newly shared videos show Russian soldiers clearing land mines with sticks, logs, and other tools. Both sides in this war have at times cleared mines in unconventional ways. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementVideos from the war in Ukraine show Russian soldiers clearing land mines, but it's not exactly a "safety first" approach. The videos, shared this week by open-source intelligence accounts on Telegram and X, showed soldiers detonating mines.

Persons: — Organizations: Service, Business Locations: Ukraine

☆ We're raising our price target on Eli Lilly by $120 after its excellent quarter
▼ + stars: | 2024-02-06 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +10 min

Bottom line Eli Lilly delivered a strong report Tuesday. Still, it's not a surprise to see shares of Eli Lilly fall nearly 2% Tuesday, to around $694 each. Despite doubling manufacturing capacity year over year in 2023, Eli Lilly said demand for its GLP-1s is "likely to outpace supply" this year. We're raising our Eli Lilly price target to $750 a share from $630, while reiterating our 2 rating on the stock, meaning we'd wait for a pullback before adding to our position. Eli Lilly & Co. Mounjaro brand tirzepatide medication arranged at a pharmacy in Provo, Utah, US, on Monday, Nov. 27, 2023.

Persons: Eli Lilly's, Lilly's, Eli Lilly, Mounjaro, Zepbound, it's, —, Jim Cramer, Anat Ashkenazi, NASH, Lilly, Jim, Jardiance, Verzenio, Trulicity, donanemab, Ashkenazi, Jim Cramer's, George Frey Organizations: Revenue, LSEG, U.S, Novo Nordisk, Food and Drug Administration, Analysts, Investors, FDA, CNBC, Bloomberg, Getty Locations: Mounjaro's, U.S, Mounjaro, Trulicity, Provo , Utah

☆ GEHC stock finally gets some respect after earnings. Those betting against it got slammed
▼ + stars: | 2024-02-06 | by ( Jeff Marks | ) www.cnbc.com time to read: +8 min

Business at GE Healthcare Technologies capped off 2023 on a strong note despite ongoing concerns about China. The quarterly earnings result from GE Healthcare on Tuesday is the best of both worlds. Quarterly commentary In addition to the mid-single-digit organic revenue growth, total company orders increased by 3%. The continued divergence in orders between the two companies suggests GE HealthCare is taking market share in the industry. A GE Healthcare Ltd. BioProcess machine stands on display during the International Pharmaceutical Expo (Interphex) in New York.

Persons: Eli Lilly, GEHC, It's, Jim Cramer, Philips, we're, GEHC's, We're, Jim Cramer's, Jim Organizations: GE Healthcare Technologies, The, Starbucks, GE Healthcare, General Electric, GE HealthCare, Management, JPMorgan Healthcare, Federal Reserve, CNBC, GE Healthcare Ltd, International Pharmaceutical, Bloomberg, Getty Locations: China, ultrasounds, MRIs, New York

☆ A bullish options bet on a rallying fintech into earnings
▼ + stars: | 2024-02-05 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

Nevertheless, we're going to take advantage of lower- than-average longer-dated options premiums in an e-commerce payment services company to frame a modestly bullish bet going into earnings. Companies might beat earnings expectations but still see their stock price fall due to other factors like future earnings guidance, revenue quality, or broader market conditions. Guidance: Companies often provide forward-looking statements or guidance about future earnings and performance during their earnings calls, which can have an immediate and unpredictable impact on their stock price. Analyst expectations: The market's reaction can be more about how the actual earnings compare to analyst expectations rather than the earnings themselves. In some cases though, the options market is not anticipating particularly sharp moves, and this may present an opportunity.

Persons: we're, Fiserv Locations: United States

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