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Trade Tracker: Kevin Simpson sells Amazon covered call
  + stars: | 2024-10-18 | by ( ) 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 EmailTrade Tracker: Kevin Simpson sells Amazon covered callKevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to explain his covered call trade on Amazon.
Persons: Kevin Simpson Organizations: Wealth Planning
Los Angeles AP —A former Olympic snowboarder for Canada has been charged with running a drug trafficking ring that shipped vast amounts of cocaine across the Americas and killed four people, authorities said Thursday. Wedding competed for Canada in the 2002 Winter Olympics in Salt Lake City, authorities said. Wedding faces separate drug trafficking charges in Canada that date back to 2015, said Chris Leather, chief superintendent with the Royal Canadian Mounted Police. Wedding previously was convicted in the US of conspiracy to distribute cocaine and was sentenced to prison in 2010, federal records show. Estrada said US authorities believe that after Wedding’s release, he resumed drug trafficking and has been protected by the Sinaloa Cartel in Mexico.
Persons: Ryan James, Martin Estrada, , ” Estrada, Ryan, Adam Pretty, Krysti Hawkins, Chris Leather, ” Leather, Estrada Organizations: Los Angeles AP, FBI, Authorities, Royal Canadian Mounted Police Locations: Canada, Americas, Canadian, Mexico, United States, Colombia, California, Los Angeles, Salt Lake, Park City , Utah, Florida , Michigan, Salt Lake City, Sinaloa
AdvertisementTime’s almost up on the New York Mets’ season. Worse than those numbers, because teams have mounted comebacks facing such deficits, the Mets look like they have run out of gas. “Sean (Manaea) said it the other day,” Mets manager Carlos Mendoza said when asked if his rotation had hit a proverbial wall. “We’ve gone through a lot this year,” Peterson said, “and it’s made us who we are at this point.”The Mets are hoping to keep alive an improbable season that’s included Grimace and OMG. And it hasn’t been just the Mets’ rotation that has seemingly run out of gas in this series.
Persons: Francisco Lindor, Sean, Manaea, Carlos Mendoza, , Mendoza, , You’ve, That’s, there’d, Jose Quintana, Luke Hales, hasn’t, ” Mendoza, Luis Severino, Jack Flaherty, José Buttó, Buttó, It’s, David Peterson, Peterson, “ We’ve, ” Peterson, it’s, Grimace, Dustin Satloff, Lindor, Jose Iglesias, Francisco Alvarez haven’t, Brandon Nimmo, Frank Franklin II Organizations: Citi, what’s, New York Mets, Mets, National League, Los Angeles Dodgers, Dodgers, ” Mets, Athletic, Associated Press Locations: . New York, Quintana, Manaea, Los Angeles, Milwaukee
The Pre-Market Rundown 2: 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 EmailThe Pre-Market Rundown 2CNBC brings you fast, accurate, and actionable business news and market updates.
Organizations: CNBC
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
The Trump campaign put nearly $14 million behind the ad in the first two weeks of the month. The Trump campaign disputed the report. As pro-Trump advertisers have put more money behind ads attacking transgender policies, economic messaging has also been a consistent, though shifting, point of emphasis. Harris’ campaign did not respond to a request for comment. President Trump is for you.”Democrats in the presidential race have offered no defensive response.
Persons: Donald Trump, Kamala Harris, It’s, CNN’s KFile, Harris, , , Bret Baier, Trump, , ” Trump, Kamala, Harris ’, Wednesday’s Fox, Terry Schilling, Andy Beshear, Beshear, Glenn Youngkin, Rodrigo Heng, Lehtinen, ” “, ” Heng, wouldn’t, Chris LaCivita, Miriam Adelson –, MAGA, Colin Allred – who’s, Sen, Ted Cruz, Texas –, Ohio Sen, Sherrod Brown, DeWine, Allred, Brown, Schilling, ” Schilling, Heng, Joe Biden, Jennifer Agiesta, Alayna Treene, Kate Sullivan, Kristen Holmes Organizations: CNN, Republicans, Trump, Fox News, New York Times, of Prisons, Fox, Democratic Gov, Republican Gov, statehouse, Virginians, National Center for Transgender Equality, , Gallup, Democratic Party, , Preserve America, Badger State, PAC, Democratic, GOP, White Locations: Washington, Kentucky, Virginia, Wisconsin, Texas, Ohio
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUBS' Erika Najarian on Amex Q3 results: Seeing some consumer spend trends decelerateErika Najarian, UBS large cap banks and consumer finance analyst, joins 'Squawk Box' to discuss American Express' quarterly earnings results, strength of consumer spending, and more.
Persons: Erika Najarian Organizations: UBS, American Express
A high-yield savings account provides more rewards than a typical savings account, with no risk. I missed out on $1,200 in the five years before I opened a high-yield savings account. That's the feeling I get every time I check the balance of my high-yield savings account. Compare Today's RatesWhy I chose a high-yield savings accountI've had a savings account since college, but I didn't always have a high-yield account. How I chose my high-yield savings accountNowadays, there are lots of high-yield savings accounts on the market, many with no minimum requirements and no fees.
Persons: you'd, I've, I'd, Ally Organizations: Ally Bank, Federal Reserve Locations: it's, Ireland
My husband and I started to take turns going on solo international trips without our kids. We love the arrangement and I came back from my trip feeling refreshed and like a better mom. Growing up, my mom would work really hard, save money, and then take me with her on trips around the globe. This new chapter of solo adventuring helped me feel like my old selfMy first solo international trip as a mom was to Nepal. AdvertisementMy husband and I are already planning our next overseas trips in 2025.
Persons: , I'd, else's, Feng Wei, couldn't, me incredulously, He'll Organizations: Service Locations: Japan, Bhutan, Nepal, Asia, Patagonia, Australia
It's a modern employer-sponsored health plan designed to help simplify the process of choosing where to receive care by offering members the information they need upfront, enabling them to comparison shop for care. What's different with the Surest health plan? The result, according to a recent study, is that Surest members pay 54% less out of pocket compared to those in traditional plans. "The Surest health plan addresses many of the obstacles that consumers face, including by eliminating complicated math with clear, upfront cost and coverage details," Richards said. People who've tried the Surest plan usually like itConsumers cite ease of use, price clarity, and cost savings as some of the top advantages.
Persons: Surest, Alison Richards, " Richards, coinsurance, Aon, Dan Kueter, who've, It's Organizations: Employers, Insider Studios Locations: It's, Surest, Hawaii
China on Friday reported better-than-expected retail sales and industrial production for September. Retail sales grew 3.2% from a year ago, better than the 2.5% growth estimated by analysts in an LSEG poll, the National Bureau of Statistics said. Meanwhile, industrial production expanded 5.4% in September from a year ago, more than the 4.5% expected by analysts. He noted that year-to-date retail sales data showed "cautious sentiment among consumers." From January to September, retail sales grew 3.35%, nearly same as the growth reported for January through August at 3.36%.
Persons: Gary Ng, Ng, , Bao Organizations: Costco, National Bureau of Statistics, Natixis, Investors Locations: Nanjing, Jiangsu Province, China . China, China, Beijing, Covid
Israel killed Hamas leader Yahya Sinwar, the architect of the October 7 terrorist attacks. AdvertisementAfter a yearlong war against Hamas that reduced much of Gaza to ruins, Israel on Wednesday killed its top target: the Hamas leader Yahya Sinwar. Israel's military persisted, using heavy weapons, including 2,000-pound bunker-buster bombs, to target areas under Gaza where Sinwar and other Hamas leaders could have been hiding. During that time, Israel killed several Hamas leaders, including Mohammad Deif in Gaza, and Ismail Haniyeh in an audacious explosives attack in Tehran, Iran. A chance encounterA unit from the Israel Defense Forces (IDF) 828th Bislamach Brigade conducted Wednesday's operation in Gaza.
Persons: Israel, Yahya Sinwar, , Bashir Abbas, Sinwar, Mohammad Deif, Ismail Haniyeh, Abbas, Tal al, Joe Biden, Bin, Netanyahu Organizations: Service, Hamas, Wednesday, Stimson, Israel Defense Forces, 828th Bislamach Brigade, Royal United Services Institute, US Institute for, ISIS Locations: Israel, Gaza, Washington ,, Tehran, Iran, Rafah, Lebanon
CNN —Despite Angel Reese being one of the major factors in the WNBA’s surge in popularity this season, alongside rival Caitlin Clark, the Chicago Sky star said that her rookie salary doesn’t cover her rent. Speaking on an Instagram live on Wednesday, Reese said her monthly rent is $8,000 – totaling $96,000 for the year – while her WNBA salary was $73,439. “I just hope y’all know the WNBA don’t pay my bills at all. Reese – a rebounding and double-double machine – enjoyed a record-breaking rookie season, which was cut short by a wrist injury at the start of September. Reese told ESPN earlier this year that her WNBA salary is a “bonus” on top of her NIL deals.
Persons: Angel Reese, Caitlin Clark, Reese, Hatin ’, , , y’all, Reese –, Sylvia Fowles, A’ja Wilson, Geoff Stellfox, – Reese, Breanna Stewart, Napheesa Collier Organizations: CNN, Chicago Sky, WNBA, Las Vegas Aces, LSU Tigers, Reebok, Dre, ESPN, Sports Illustrated
Sam Altman has taken a more prominent role at OpenAI as several top leaders have left the company. Altman risks spreading himself too thin, three management experts told BI. Now, as Altman leads OpenAI toward a possible for-profit future, some corporate management experts warn that the CEO could stretch himself too thin — taking on too many job functions. Altman and a spokesperson for OpenAI didn't respond to requests for comment from Business Insider. It's possible that Altman could take on the CTO role on a temporary basis, Sonnenfeld said, "but it's not likely that he can do this very long."
Persons: Sam Altman, Altman, , Sam Altman's, OpenAI, Mira Murati, Altman hasn't, Fiss, Elon, Patricia Lenkov, Lenkov, Jeffrey Sonnenfeld, Sonnenfeld Organizations: Service, Business, Bloomberg, University of Southern, Apple, Twitter, JPMorgan, Yale University's School of Management, Yale, Leadership Locations: OpenAI, University of Southern California
Analysts are getting even more bullish on Netflix following its earnings beat for the third quarter . Here is what other firms are saying: Pivotal Research keeps buy rating on stock The firm raised its price target to $925, a Street high. Bernstein reiterates its market perform rating The firm increased its price target to $780 from $625. Bank of America reiterates its buy rating The bank increased its price target to $800 from $740. 3Q results were generally ahead (OI 5% higher) while commentary pointed to sustained double-digit revenue growth and margin expansion in 2025."
Persons: Doug Anmuth, Anmuth, Morgan Stanley, Benjamin Swinburne, Bernstein, Goldman Sachs, NFLX Organizations: Netflix, JPMorgan, WWE, NFL, of America, Gaming, UBS, 3Q
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
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: When cosmetics come back Elf should come back faster than others, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Energy Transfer, Walgreens Boots Alliance, Coterra, Dover, and elf Beauty.
Persons: Jim Cramer Organizations: Walgreens Boots Alliance, Coterra Locations: Dover
Portfolio manager discusses Couche-Tard's bid for Seven & i
  + stars: | 2024-10-18 | by ( ) 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 EmailCouche-Tard is 'extraordinarily disciplined' on the capital allocation front: Portfolio managerBen Herrick, associate portfolio manager at Artisan Partners, discusses Alimentation Couche-Tard's bid for Seven & i and regulatory concerns.
Persons: Ben Herrick, Alimentation Organizations: Artisan Partners, Seven
In a quest to find the first complete head, researchers conducted an analysis of Arthropleura fossils belonging to two juvenile individuals uncovered in the 1970s in France. Researchers studied scans of two Arthropleura fossils trapped in stone. Both fossilized insects still had most of their legs, and one of them had a complete head, including antennae, eyes, mandibles and its feeding apparatus — the first Arthropleura head ever documented, Lhéritier said. Researchers believe the two Arthropleura fossils belonged to juveniles because they reach just 0.9 inch (25 millimeters) and 1.5 inches (40 millimeters) long. But other fossils that preserve additional aspects of the arthropod’s body, including the head of an adult, will need to be found.
Persons: , Arthropleura, we’ve, , Dr, Greg Edgecombe, Mickaël Lhéritier, Lhéritier, ” Edgecombe, Arthrorpleura, Lheritier, ” Lhéritier, , James C, Lamsdell Organizations: CNN, Adv, Claude Bernard University Lyon, Mines, West Virginia University Locations: France, Great Britain, eadp6362, what’s, North America, Europe, Montceau, millipedes
Nine out of 10 employees are 'excited' by the change, Garman said, but those who disagree are welcome to leave. AdvertisementThe majority of Amazon employees favor the company's new five-day return-to-office policy, Amazon Web Services CEO Matt Garman has told staff during an all-hands meeting. Garman addressed the RTO policy introduced by Amazon in September, which has faced strong pushback from some employees. It is Garman's first official response to Amazon's new RTO policy and comes after the company received backlash from some employees. Related storiesDuring the all-hands meeting, Garman said employees will not always need to be in the office.
Persons: Matt Garman, Garman, , we're, Andy Jassy's Organizations: Business, Service, Amazon, Web, AWS
He does 100 push-ups and also planks six days a week, and his doctor told him to keep going. AdvertisementJim Dreeben has always been active, but it wasn't until he was in his 80s that he took up CrossFit. Dreeben, a retiree in Riverhead, New York, now does weekly CrossFit sessions and 100 push-ups six days a week, he told Business Insider. Dreeben does CrossFit with people half his ageDreeben was an active kid, and as a teen he did shotput, wrestling, and general workouts. He loves telling people he does CrossFit because it raises eyebrows.
Persons: Jim Dreeben, , Dreeben, didn't, CrossFit, hasn't, he's, It's Organizations: Service, Dreeben Locations: Riverhead , New York, Long Island, New York City
After a yearlong manhunt, including help from U.S. intelligence agencies, Israeli troops stumbled upon him during a routine patrol, Israeli officials said. Yahya Sinwar in Gaza city on Oct. 18, 2017. Now a cease-fire, the return of hostages and even the withdrawal of Israel Defense Forces from Gaza could be within reach, former officials said. One of the hostages Hamas took on Oct. 7 was an 85-year-old peace activist, Yocheved Lifshitz, who was later released. She told to the Israeli newspaper Davar about encountering Sinwar in the maze of tunnels under Gaza.
Persons: Yahya Sinwar, Benjamin Netanyahu, , , Bruce Riedel, ” Sinwar, Atia Darwish, Sinwar, Biden, ” Dennis Ross, Ross, they’re, Antony Blinken, ” “, Blinken, Matthew Miller, Aaron David Miller, Netanyahu, Sinwar’s, Burcu Ozcelik, Israel, Ghaith Al, Yocheved Lifshitz Organizations: Israel, Hamas, CIA, Biden, Washington Institute for Near, Israel Defense Forces, Gaza, United Arab, State, Carnegie Endowment, International, Royal United Services Institute, Lebanese, Hezbollah Locations: Gaza, Israel, Iran, U.S, Lebanon, United States, United Arab Emirates, London, Palestinian, Hamas, Qatar
A Georgia grand jury indicted a teenage boy and his father on dozens of charges, including murder, in connection with a mass shooting last month that killed four people at Apalachee High School, officials said Thursday. His father, Colin Gray, was indicted on 29 counts, including second-degree murder, second-degree cruelty to children, involuntary manslaughter and reckless conduct, according to records from the Barrow County District Attorney's Office. Colin Gray at Barrow County courthouse, in Winder, Ga., on Sept. 6, 2024. Colin Gray is being held in the Barrow County jail and his son is being held in a juvenile detention center in Gainesville. Barrow County District Attorney Brad Smith said last month Colin Gray's charges marked the first time in state history a parent of a suspected school shooter was charged.
Persons: Colt Gray, Colin Gray, Brynn Anderson, Gray, Brad Smith, Colin Gray's, Mason Schermerhorn, Christian Angulo, Richard Aspinwall, Cristina Irimie Organizations: Apalachee High School, Attorney's Office, NBC Locations: Georgia, Barrow County, Winder , Georgia, Winder , Ga, Barrow, Gainesville
Meta is ramping up its efforts to fight sextortion on Instagram with the launch of new features that are designed to help prevent young users from getting blackmailed into sharing nude photos. Starting Thursday, Instagram will automatically block follow requests sent to teenage users from accounts that display certain “scammy behaviors,” according to Meta. At a Senate online child safety hearing in January, Meta CEO Mark Zuckerberg apologized to parents who said Instagram contributed to their children’s suicides or exploitation. Last month, Meta announced it will begin automatically placing all users under 18 into “teen accounts” with stricter privacy settings. “If they really want to promote meaningful change and online safety for kids and teens, they can stop opposing federal solutions like the Kids Online Safety Act,” Hinkle said.
Persons: sextortion, Instagram, Antigone Davis, Meta’s, , we’ve, , Mark Zuckerberg, Haley Hinkle, , ” Hinkle, they’re, Davis, Hinkle Organizations: Meta, FBI, NBC News, Kids, Senate Locations: Fairplay, United States, Canada, United Kingdom, Australia
The latest example came Wednesday, at a forum held by Univision, where Trump called Jan. 6 "a day of love." Aquilino Gonell, whom Trump supporters repeatedly assaulted on Jan. 6, 2021, told NBC News on Thursday. A day of love when more than 140 officers were injured, people lost their career, people lost their lives?" Trump has called into the nightly livestreamed vigil held in support of Jan. 6 defendants outside the Washington jail at least once. Trump's running mate, Yale-educated Sen. JD Vance, R-Ohio, has repeatedly avoided explicitly saying Trump lost the 2020 election.
Persons: WASHINGTON, Donald Trump's, Trump, , Aquilino Gonell, Jan, “ Trump, Jack Smith, , Steven Cheung, Gonell, , ” Gonell, , entrap Trump, Sen, JD Vance, Amy Berman Jackson, hasn't, Royce Lamberth —, Ronald Reagan — Organizations: U.S . Capitol, Department, Boys, Republican, Trump, Univision, Capitol Police, NBC, Capitol, Wednesday, Congress, Yale, U.S, District Locations: Washington, Trump's, R, Ohio, U.S
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