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☆ Biden to Address Holocaust Remembrance While Still Quiet on Campus Unrest
▼ + stars: | 2024-05-01 | by ( Peter Baker | More About Peter Baker | ) www.nytimes.com time to read: +2 min

“No president has spoken more forcefully about combating antisemitism than this president,” she said. Since then, Mr. Biden has left it to aides to speak for him, trying to balance the free speech rights of protesters with rejection of violence and antisemitic statements. “Americans have the right to peacefully protest as long as it’s within the law and it’s peaceful,” Ms. Jean-Pierre said. “Forcibly taking over a building is not peaceful. “I hope the president speaks as boldly and as forcefully as this moment requires,” Mr. Deutch told Julie Mason on her Sirius/XM radio show.

Persons: Jean, Pierre, Mr, Biden, “, ”, Ms, Pierre said, Ted Deutch, Deutch, Julie Mason, Donald J, Trump, Adolf Hitler Organizations: Columbia University, American Jewish Committee, Mr, Sirius, XM, Republicans, Jewish Locations: Florida

☆ A Russian zoo said it sent peacocks to the front to 'inspire' troops. It deleted its post after people used it to mock Putin.
▼ + stars: | 2024-05-01 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

A Russian zoo said it sent two peacocks to those fighting in Ukraine. AdvertisementA Russian zoo said it sent two peacocks to Ukraine with the aim of inspiring Russian troops fighting there — but then deleted its post after people mocked Russian President Vladimir Putin in the comments, according to reports. He added that an aviary was being built for the birds, according to Ukrainian outlet Pravda's reporting. The zoo later deleted its announcement post, according to The Daily Beast and Pravda. Putin has also put in place a law that effectively criminalizes any reference to the fighting in Ukraine being a "war" or "invasion."

Persons: Putin, —, Vladimir Putin, It's Organizations: Service, Lipetsk Zoo, VK, Daily, Pravda Locations: Russian, Ukraine, Lipetsk, Russia, Ukrainian

☆ AI has entered the workplace. 3 industry leaders discuss how businesses can embrace it.
▼ + stars: | 2024-04-30 | by ( Leila Jordan | ) www.businessinsider.com time to read: +4 min

As the new technology accelerates in skill and ubiquity, business leaders are racing to figure out what the relationship between workers and AI will look like in years to come. Business Insider's virtual event "Human-AI Collaboration: The Key to Workplace Efficiency and Innovation," presented by Dell Technologies, brought together a panel of experts to discuss the trials, triumphs, and future of AI. He discussed the major ways in which Dell is integrating AI into its processes, from increasing productivity for developers to automating content. "There are predictions that we could have two times, three times, even four times the employment demand for new job growth as a result of gen-AI and AI ethicists, AI translators, AI mediators, AI co-creative, AI legal, and compliance experts," Miscovich said. Working with AI from the ground floor can allow businesses to design the parameters that will guide AI's future presence in the workplace.

Persons: Matt Baker, Mozziyar Etemadi, Peter Miscovich, Tim Paradis, Baker, Miscovich, Etemadi Organizations: Service, Efficiency, Dell Technologies, Business, Dell, Northwestern Medicine, AIs

☆ A Bystander to ’60s Protests, Biden Now Becomes a Target
▼ + stars: | 2024-04-30 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

When students took over Hamilton Hall at Columbia University in April 1968, a young Joe Biden was studying law 250 miles away, just weeks from graduation. Protests and chanting and tie-dye shirts were not his style. “I was in law school,” he later recalled. Having traded up from sports coats in the Syracuse University law school library to suit coats in the Oval Office, however, Mr. Biden cannot simply shrug off the uproar on American college campuses as he once could. Mr. Biden has sought to walk a careful line in recent days as protests have mushroomed and in some cases led to suspensions and arrests.

Persons: Joe Biden, ”, “, Biden, Lyndon B, Johnson, Mr, Joe ” Organizations: Hamilton Hall, Columbia University, Syracuse University, Israel, Jewish Locations: Gaza

Video transcript Back bars 0:00 / 0:44 - 0:00 transcript Columbia Protesters Occupy Building on Campus People inside barricaded the doors of Hamilton Hall with furniture. “Palestine will live forever.” “Go away, yo.” “Free, free Palestine.” “Free, free, free Palestine.” “Shut it down.” “Palestine will be free.” “Disclose, divest, we will not stop, we will not rest.” People inside barricaded the doors of Hamilton Hall with furniture. Credit Credit... Bing Guan for The New York TimesOutside the neoclassical building, protesters, many wearing helmets, safety glasses, gloves and masks, barricaded the entrance. Image Student protesters marching around the encampment on campus at Columbia University on Tuesday. So far, at least, a core of student protesters has vowed to stay put.

Persons: Columbia wasn’t, “, ”, Bing Guan, Alexander Hamilton, Bob Day, Columbia’s, ” Ben Chang, Sueda, ” “ We’ve, Leanne Abraham, Bing Guan Elga Castro, Castro, Chris Eisgruber, Nemat, Anna Betts, Eryn Davis, Tracey Tully, Karla Marie Sanford, John Yoon, Mike Baker Organizations: Police, California State Polytechnic University, Humboldt, Portland State University, Hamilton Hall, Columbia, Columbia Protesters, People, Hall, ”, New York Times, Treasury, Boeing, Portland Police Bureau, Columbia University, ., New York Times Columbia, Police Department, Columbia University Faculty, Broadway Low Library Columbia University, West, St . Columbia University New York, Butler Library Amsterdam, 114th, 114th St . Columbia University New York, Barnard College, New York University, Princeton University, Clio Hall, Princeton, Rutgers University’s Locations: Hamilton, Columbia, California, Oregon, Manhattan, Palestine, ”, Portland, Gaza . Columbia, St, St . Columbia University New York City, Butler, 114th St, Spanish, Gaza, New Jersey, Brunswick

☆ Elon Musk comes out fighting as China throws Tesla a lifeline
▼ + stars: | 2024-04-29 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +4 min

Elon Musk made a surprise visit to China, meeting officials and striking a deal with Baidu. The deal brings Tesla a step closer to introducing its self-driving features in cars sold in China. AdvertisementElon Musk's surprise visit to China appears to have paid off. Elon Musk was taken by minibus to his private jet at Beijing airport on Monday after a surprise visit to China. Musk's battle planMusk's China visit came amid tough times for Tesla.

Persons: Elon Musk, Tesla, —, Elon Musk's, Narendra Modi, Musk, Li Qiang, Greg Baker, Dan Ives, Wall, Telsa, Musk's, he's Organizations: Baidu, Service, Tesla, Bloomberg, EVs, Getty, Bloomberg TV, Business Locations: China, Beijing, India, AFP

☆ Ukraine is building underground stores and bunkers to protect F-16s as the jets' arrival moves closer
▼ + stars: | 2024-04-29 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Ukraine is preparing ways to protect its F-16s while at base, its air force said. AdvertisementUkraine's air force said it is preparing for the arrival of F-16s by building underground stores and bunkers at its bases. The Associated Press has reported that Ukraine may use Western air bases when it gets F-16s because the jets require high-standard runways and protective hangars. But the air force's update suggests that Ukraine plans on keeping at least some F-16s in Ukraine during periods when they are not flying. Russian President Vladimir Putin warned last month that Western air bases that host F-16s for Ukraine would be "legitimate" targets for his armed forces.

Persons: —, Ilya Yevlash, Yevlash, Vladimir Putin, Jake Epstein Organizations: Service, Air Force, Ukrainian Armed Forces, RBC, Russia, Military, Associated Press Locations: Ukraine, Russia

☆ Biden Team Sees Narrow Window for Deal on Cease-Fire and Hostages in Gaza
▼ + stars: | 2024-04-29 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

President Biden and his national security team see a narrow window to finally seal an agreement that would at least temporarily halt the war in Gaza and possibly end it for good even as they deflect pressure from college campus protests to abandon Israel in its fight against Hamas. Several factors converging at once have renewed the administration’s hopes that it can break through the stalemate in the next week or two. Mr. Biden’s team wants to capitalize on the successful defense of Israel from Iranian attack, rising public pressure in Israel to free the hostages and Saudi eagerness for a new diplomatic and security initiative. The president’s advisers are pressing for a cease-fire deal before Israel can begin its long-threatened assault on the southern Gaza city of Rafah, an operation with the potential for many civilian casualties that could thwart any short-term chances of peace. But administration officials have gone down this road before over the last several months, repeatedly expressing optimism only to see the chances for a deal collapse.

Persons: Biden, Biden’s, Antony J, Blinken Organizations: Hamas, Israel Locations: Gaza, Israel, Rafah, Saudi Arabia

☆ Saudi Arabia wants big spenders for the first part of its Neom megaproject
▼ + stars: | 2024-04-28 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +4 min

Saudi Arabia plans to open the first part of its Neom megaproject this year. Saudi Arabia is pushing to distinguish itself in the high-end luxury market to compete with Dubai. AdvertisementSaudi Arabia plans to open the first region of its Neom megacity by the end of the year. Neom recently ended investor roadshows in China by confirming the luxury island resort would open this year, Arab News reported. A rendering of The Line, part of the Neom project planned by Saudi Arabia.

Persons: —, Neom, roadshows, It's, Marriott Bonvoy, Chadi, MDLBEAST, Kristian Coates Ulrichsen, Saudi Arabia hasn't, Ulrichsen, Saudi Crown Prince Mohammed bin Salman's Organizations: Dubai, Service, Arab News, Marriott, United, Rice, Baker Institute for Public Policy, Emirates, Saudi, Bloomberg, Business Locations: Saudi Arabia, Sindalah, China, Saudi, Vives, Dubai, United Arab Emirates, Saudi Crown, Gulf Kingdom

☆ Biden to Confer With Netanyahu on a Possible Cease-Fire and Hostage Deal
▼ + stars: | 2024-04-28 | by ( Peter Baker | More About Peter Baker | ) www.nytimes.com time to read: +1 min

President Biden plans to speak with Prime Minister Benjamin Netanyahu of Israel on Sunday to discuss the prospects of a possible cease-fire deal to obtain the release of some of the remaining hostages held since the Hamas-led terrorist attack of Oct. 7, according to two officials with direct knowledge of the plan. Mr. Biden’s call with the prime minister is set to come just hours after Secretary of State Antony J. Blinken left Washington for his latest trip to the Middle East. Mr. Blinken will start in Saudi Arabia, where he will see Egyptian and Qatari officials who have served as intermediaries with Hamas in the cease-fire and hostage talks, which have stalled in recent weeks. The call also comes three weeks after Mr. Biden told Mr. Netanyahu that he would rethink his support for Israel’s war unless the country did more to facilitate the delivery of food and other supplies to Gaza and limit civilian casualties. Since then, humanitarian aid to Gaza has increased substantially, and Biden advisers credit Israel with responding to the president’s demands, though U.S. officials acknowledge that the aid is still not as much as is needed.

Persons: Biden, Benjamin Netanyahu, Antony J, Blinken, Netanyahu Organizations: Israel, State Department, Saudi, Economic Locations: Washington, Saudi Arabia, Israel, Gaza, U.S

Secretary of State Antony J. Blinken will visit Israel next week, an Israeli official said on Friday, as talks on a cease-fire deal have stalled and tensions have risen between Israel and the United States over the treatment of civilians in the war. The Israeli official, who spoke on the condition of anonymity because the official was not authorized to speak publicly on the matter, said talks with Mr. Blinken would center on the remaining hostages held in Gaza and an impending Israeli military operation in the southern Gaza city of Rafah. Mr. Blinken last visited Israel in March, when he warned that its plans to invade Rafah, where more than a million displaced Palestinians are sheltering, would pose severe risks to the population. Since then, the Biden administration has continued to raise concerns about the planned incursion, saying it should not be carried out without a credible plan to protect civilians. But Prime Minister Benjamin Netanyahu of Israel has vowed to press ahead with the invasion, saying it is necessary to eliminate Hamas battalions in the city.

Persons: Antony J, Blinken, Biden, Benjamin Netanyahu, Israel, Blinken’s Organizations: Israeli, United Locations: Israel, United States, Gaza, Rafah

☆ Ukraine is going to do even more long-range attacks on Russian soil, a key ally said. The US won't like it.
▼ + stars: | 2024-04-25 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +2 min

Ukrainian strikes on Russian soil will increase, according to the head of the UK's armed forces. The US is reportedly unhappy with Ukraine's strikes on targets in Russia. AdvertisementUkraine will increase its long-range strikes inside Russian airspace, the UK's military chief said, as the war enters its next stage. Admiral Sir Tony Radakin, the head of the UK's armed forces, told the Financial Times that "as Ukraine gains more capabilities for the long-range fight . Ukraine's strikes on Russian soil have so far included attacks on oil facilities and military targets.

Persons: Tony Radakin, —, Sir Tony Radakin, Radakin, Ukraine's Organizations: Service, Financial Times Locations: Russia, Ukraine, Europe

☆ Juggling Campaign and Foreign Policy, Biden Sends Complicated Messages
▼ + stars: | 2024-04-25 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

President Biden just signed a bill that could ban President Biden from using TikTok. But Mr. Biden plans to keep using TikTok until Mr. Biden’s new law forces Mr. Biden off it. But it is not the only time that Campaign Joe and Foreign Policy Joe have been at odds in recent months. Campaign Joe tells stories on the trail that Foreign Policy Joe’s staff then has to clean up — or try to ignore as best as possible. Foreign Policy Joe has to worry about diplomacy.

Persons: Biden, Mr, Joe Locations: Wilmington, Del, Washington, America

☆ A complete timeline of Karlie Kloss and Taylor Swift's friendship
▼ + stars: | 2024-04-24 | by ( Claudia Willen | Callie Ahlgrim | ) www.businessinsider.com time to read: +40 min

Taylor Swift and Karlie Kloss became inseparable after meeting at the 2013 Victoria's Secret Fashion Show. AdvertisementThe friendship of Taylor Swift and Karlie Kloss dates back to 2013, when the musician and the supermodel met backstage at the Victoria's Secret Fashion Show. AdvertisementApril 2014: Kloss and Swift are spotted together in New York CityTaylor Swift and Karlie Kloss often spent time together in New York City. November 23, 2014: Swift brings Kloss as her date to the American Music AwardsTaylor Swift and Karlie Kloss at the 2014 AMAs. July 11, 2015: Kloss appears at another of Swift's concerts in New JerseyTaylor Swift's friends went to her concert in New Jersey.

Persons: Taylor Swift, Karlie Kloss, Kloss, —, Swift, didn't, Katy Perry, Scooter Braun, Karlie, Michael Kovac, Jamie McCarthy, Milk, Christina Tosi, Randy Brooke, we're BFFs, I'd, Raymond Hall, Kate Bosworth, Harry Josh, Charles James, Oscar de la, They're, Alo Ceballos, She's, Rolling, James Devaney, Ben Stiller, Quinlin, SoHo Taylor Swift, Jeff Kravitz, Dick Clark, Antonio de Moraes Barros Filho, WireImage Kloss, Lily Aldrige, Martha Hunt, taylor, it's, Taylor, Matty Healy, Marie Claire, Beyonce, Jay, Justin Timberlake, Sam Smith, Michael, r was, els, rais, hou, "I, ove, stor, ste, "(M, bro, K, Ma y, orr, "B, Perry, tim e, oe Jonas, maki, J ohn Shea, dow, deo, cele, Jo, hatta, lia, nce, e, hough, lor h, 2016:, Joh, Delilah, L orde, Conn, Loo, ned the photo,, y, as well, loss and Swift, Augu, rld, kee, mus, raun, cate, rau, hite, theo, abou, ody, ted in a, ike H, Derek Bl Organizations: Big, Service, Vogue, Twitter, Hollywood Life, Big Sur, daisies, Surrey, Costume, Metropolitan Museum of Art, Getty, Swift, Apple, New York Knicks, Garden, Chicago Bulls, Madison, American, New York City's, Yahoo, New, YouTube, the de, acc, Adv, ober, Wil, unc, ift, who's known Locations: Big Sur, Swift's New York, New York City, Big, Instagram, New York, Manhattan, brunching, SoHo, Madison, SoHo Taylor, June., ber

☆ Buckle up. These stocks could see big moves in reaction to earnings this week
▼ + stars: | 2024-04-22 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

As the busiest week for first quarter earnings results kicks off, several stocks on the docket to report this week may be poised for big swings. As of last Friday, 74% of companies in the S & P 500 reported a positive earnings surprise while 58% beat revenue expectations, according to FactSet. This week is scheduled to be the busiest one of the season, with 29% of companies in the S & P 500 — or 146 companies — due to post results. With so many corporate results to be released this week, investors may want to pay special attention to some earnings more than others in advance. CNBC Pro screened for the stocks that could see significant post-earnings moves either up or down, based on investors' expectations in the options market.

Persons: AllianceBernstein, Mark Shmulik, Shmulik, Jamie Baker, Morgan Stanley, Benjamin Swinburne Organizations: Dow Jones, CNBC Pro, JetBlue, American Airlines, JPMorgan, Spotify Locations: Stockholm

☆ For Biden, Aid Package Provides a Welcome Boost on the World Stage
▼ + stars: | 2024-04-22 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

Finally, President Biden had good news to share with President Volodymyr Zelensky of Ukraine. For a grateful Mr. Zelensky, the timing was propitious. A Russian missile attack, he told Mr. Biden, had just destroyed the television tower in Kharkiv. The House passage of a landmark $95 billion foreign aid package gives Mr. Biden much-needed momentum at a time when his credibility and American leadership have been questioned on the world stage. “This was a historic win for President Biden and for America’s global leadership,” Senator Chris Van Hollen, Democrat of Maryland, said in an interview.

Persons: Biden, Volodymyr Zelensky, Zelensky, “, Mr, Chris Van Hollen Organizations: Ukraine, Capitol Locations: Ukraine, Wilmington, Del, States, Russian, Kharkiv, Israel, Taiwan, Maryland

☆ China sees foreign threats ‘everywhere’ as powerful spy agency takes center stage
▼ + stars: | 2024-04-21 | by ( Nectar Gan | ) edition.cnn.com time to read: +16 min

But among the crowds you and I together are protecting national security,” the narrator concludes. Chinese soldiers look at a poster promoting national security in the southwestern city of Beihai on National Security Education Day on April 15, 2024. CFOTO/Future Publishing/Getty ImagesAccording to the MSS, foreign spies are omnipresent and infiltrating everything – from mapping apps to weather stations. But China’s spy agency has gradually stepped out of the shadows as Xi makes national security a key priority. “Shenyin Special Investigation Squad” is a comic series based on real-life counterespionage operations, according to China's spy agency.

Persons: –, “, ”, Xi, Xuezhi Guo, Sheena Chestnut Greitens, Xi Jinping, Greg Baker, Mao Zedong, Greitens, Chen Yixin, Chen, “ Chen, ” Greitens, Xi –, denigrate, Bain, Alex Plavevski, Guo, influencers, China’s, can’t, James Zimmerman, Perkins Coie, Zimmerman, ” Zimmerman Organizations: Hong Kong CNN, National Security Education, “, Ministry of State Security, National Security, Publishing, CIA, National, Education, Capitol, Guilford College, Asia, University of Texas, Getty, Communist Party, FBI, National Security Propaganda, CCTV, Ministry of State, China’s National Security Commission, Group, China Development Forum, Perkins Coie LLP, ”, MSS Locations: China, Hong Kong, Beihai, British, American, Beijing, Austin, AFP, Zhejiang province, Shanghai, New York, overreaching

☆ A Turbocharged Croissant Delights (and Disturbs) Paris
▼ + stars: | 2024-04-20 | by ( Ségolène Le Stradic | ) www.nytimes.com time to read: +1 min

All it took for the crookie to take shape was a baker looking for a diversion, his time-tested croissant recipe and a few cookies for inspiration. It took TikTok to make it go viral. Stéphane Louvard created the crookie almost a year and a half ago when he came up with the idea of putting cookie dough into a croissant and then baking it again. On one day in February, Mr. Louvard sold 2,300 of the pastries at his bakery in a bustling Paris neighborhood. The crookie — Mr. Louvard’s son Nicolas, a business school student, came up with the name — has not just taken social media by storm.

Persons: Louvard, Mr, Louvard’s, Nicolas Organizations: Mr Locations: Paris, Madrid, France

☆ American sniper in Ukraine says his unit prefers Soviet-era rifles because bullets are easier to find and they can take them from the Russians
▼ + stars: | 2024-04-20 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +7 min

Read previewAn American veteran fighting in Ukraine said soldiers in his unit prefer to use Soviet-era rifles over modern ones because it's easier to find ammunition, including by taking it from the Russians. Jonathan Poquette is currently serving as a sniper in Ukraine, and he said that his unit prefers AK-74 rifles, which are chambered for 5.45×39mm rounds. He said that the prolific availability of older rifles among Ukraine's soldiers was also partly an issue with Ukraine's planning. This has also included ammunition from defeated Russian soldiers, or that fleeing Russians have left behind. Ukraine's ammunition shortagesUkraine is suffering from extensive shortages of ammunition and weaponry that have had serious ramifications all along the front lines.

Persons: —, Jonathan Poquette, Poquette, Nuzhnenko, Kalashnikov, Oleksandr Ratushniak, Volodymyr Zekenskyy, Frederick Kagan, Serhii Mykhalchuk Organizations: Service, Business, AK, Radio Free, Radio Liberty, REUTERS Poquette, Chosen Company, 59th Motorized Brigade, NATO, US, REUTERS, Artillery Rocket Systems, EU Locations: Ukraine, Ukrainian, Soviet Union, Russian, Bakhmut, Radio Free Europe, Kyiv, Chasiv Yar, Donetsk region, Russia, Europe, Czech Republic

☆ 6 portfolio stock earnings and the Fed's favorite inflation gauge dominate the week ahead
▼ + stars: | 2024-04-20 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

The Nasdaq sank 2% on Friday as Netflix dropped nearly 11% post-earnings and Club stock Nvidia fell 10%, entering bear market territory but still up more than 50% in 2024. Following a much stronger-than-expected March retail sales report last month, fresh economic data and six Club stock earnings will take center stage in the week ahead. While lower rates may help stock multiples, that is not a sustainable path to higher equity prices over time. Earnings : The latest quarterly reporting season is starting to ramp into high gear with six Club names set to report next week. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Dow, Jerome Powell, Jim Cramer, Mark, Meta, Bing, Ford, Vimal, Lockheed Martin, Clark, Philip Morris, Sherwin, Williams, Baker Hughes, Lam, Northrop, Dr Pepper, CARR, Edwards Lifesciences, Jim Cramer's, Jim, Michael M Organizations: Nasdaq, Netflix, Nvidia, Dow Jones, Federal, Fed, Hamas, Gross, Google, Reality Labs, General Motors, Honeywell, Microsoft, Verizon Communications, Albertsons Companies, SAP, Cadence Design Systems, United Parcel Service, General Electric, GE, PepsiCo, Lockheed, Spotify Technology, RTX Corporation, JetBlue Airways, Halliburton, HAL, Philip Morris International, Quest Diagnostics, Texas Instruments, Seagate Technology, Mattel, Veralto Corporation, Boeing, General Dynamics, Boston, Hilton, Fisher, Otis Worldwide, IBM, Grill, Viking Therapeutics, Lam Research, Whirlpool, WM, Honeywell International, Royal Caribbean Cruises, American Airlines, Altria, Newmont, Caterpillar, Southwest Airlines, Myers Squibb, AstraZeneca, Mobileye, Northrop Grumman, CNBC, Comcast, Merck, Dow Inc, Carrier Global, Union Pacific, Intel, Western, Mobile, L3Harris Technologies, Exxon Mobil, Chevron, Colgate, Palmolive, HCA Healthcare, Charter Communications, Newell Brands, Jim Cramer's Charitable, Traders, New York Stock Exchange, Santiago, Getty Locations: Israel, Iran, Ukraine, destocking, China, Cleveland, Freeport, McMoRan, Kimberly, Masco, Bristol, New York City

☆ Investors are hoping Big Tech earnings next week could revive a flagging bull market
▼ + stars: | 2024-04-19 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

The Big Tech earnings next week could revive a flagging market, or at least give investors direction into where stocks are going from here. Wall Street is hoping next week's megacap tech results will give investors insight into where the artificial intelligence trade is going from here, as a bounce in tech could lift the indexes. They're also hoping a slew consumer commentary will give investors insight into the state of the economy. However, he said any pullback in the tech names could give investors an opening to start "nibbling away" at additional exposure. Personal Income 10 a.m. Michigan Sentiment NSA final Earnings: T. Rowe Price Group , Colgate-Palmolive , Exxon Mobil , Chevron , AbbVie , Phillips 66

Persons: Tesla, They're, Kim Forrest, Elon Musk, Emily Leveille, Scott Ladner, Ladner, Horizon's Ladner, FactSet, Baker Hughes, Philip Morris, Lockheed Martin, Raymond James Financial, Rowe Price, Phillips Organizations: Big Tech, Google, Microsoft, Bokeh, Nasdaq, Investors, Deutsche Bank, Reuters, Thornburg Investment Management, Meta, Consumer, Visa, Chicago, Verizon Communications, Ameriprise, Truist, PMI, New, Richmond Fed, Enphase, Tesla, NextEra, Philip Morris International, Halliburton, United Parcel Service, PepsiCo, Lockheed, Raytheon Technologies, GE Aerospace, Grill, Business Machines, Lam Research, Ford Motor, Technology, Waste Management, Universal Health Services, Raymond, Boeing, Hilton Worldwide Holdings, . Kansas City Fed Manufacturing, Mobile, Capital, Financial Corp, Intel, Western Digital, Comcast, American Airlines Group, Southwest Airlines, Valero Energy, Caterpillar, Tractor Supply, Royal Caribbean Group, GE, PCE, NSA, Rowe Price Group, Colgate, Palmolive, Exxon Mobil, Chevron Locations: China, Europe, U.S, NextEra Energy, Freeport, McMoRan, . Kansas, Michigan, AbbVie

☆ Details about Jane Street's top secret, $1 billion trade revealed in court
▼ + stars: | 2024-04-19 | by ( Alex Morrell | ) www.businessinsider.com time to read: +9 min

Lawyers also revealed that the trade earned Jane Street $1 billion last year and was on pace to earn even more for the firm this year. Jane Street worried about extinguishing the trade's viability, Brown said, intentionally leaving short-term profits on the table to maintain its long-term viability. But the company's profits from the strategy plummeted in the month after the traders joined Millennium, Jane Street says, falling 50% in March. Engelmayer denied the temporary restraining order, saying Jane Street did not establish irreparable harm. Jane Street may believe irreversible harm has already taken place, given its desire to keep details of the trade secret, including the country it operates in.

Persons: —, Jane Street, Paul Engelmayer, pilfered, Doug Schadewald, Daniel Spottiswood, Jane, Deborah Brown, Quinn Emanuel, Engelmayer, Brown, Spottiswood, Andrew Levander, Levander, Jane Street's, Rollo Baker, Elsberg Baker, Maruri, Judge Engelmayer, Baker Organizations: Service, Management, Business, Millennium, Jane Street, Bloomberg Locations: Manhattan, India, Schadewald

☆ We're not seeing any slowdown in premium travel demand, says JPMorgan's Jamie Baker
▼ + stars: | 2024-04-19 | 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 EmailWe're not seeing any slowdown in premium travel demand, says JPMorgan's Jamie BakerJamie Baker, JPMorgan senior airline analyst, joins CNBC's 'The Exchange' to break down the airline industry's bifurcation, how premium demand has boosted earnings, and more.

Persons: JPMorgan's Jamie Baker Jamie Baker Organizations: JPMorgan

☆ Real Madrid defeats Manchester City in penalty shootout to reach Champions League semifinals
▼ + stars: | 2024-04-18 | by ( George Ramsay | ) edition.cnn.com time to read: +3 min

CNN —Real Madrid will face Bayern Munich in the Champions League semifinals after defeating Manchester City in a tense penalty shootout on Wednesday. Defender Antonio Rüdiger struck the decisive blow for Real Madrid, burying his penalty into the bottom-left corner before his teammates piled on top of him in celebration. That’s how we won the game.”After a thrilling first leg between the two teams ended 3-3 in Madrid, City was fancied to advance in what transpired to be a night of high drama at the Etihad Stadium. Real Madrid will play Bayern Munich in the Champions League final four. “Congratulations to Real Madrid - they defended so deep with incredible solidarity,” said City manager Pep Guardiola.

Persons: Antonio Rüdiger, “ Madrid, ”, Federico Valverde, “, City, Martin Rickett, Jude Bellingham, Valverde, Vinícius Jr, Erling Haaland, Kevin De Bruyne, Jack Grealish, De Bruyne, Luka Modrić’s, Bernardo Silva, Mateo Kovačić’s, Lucas Vázquez, Phil Foden, Ederson, Rüdiger, Naomi Baker, Carlo Ancelotti, Real, Pep Guardiola Organizations: CNN — Real, Bayern Munich, Champions League, Manchester City, Real Madrid, Etihad, Real, Ederson, Man, Premier League, FA, Chelsea Locations: CNN — Real Madrid, Madrid, City

Analyst Laura Champine also lowered her price target to $80 from $85, implying a 6% increase for the stock. "New York City office is one of the few REIT subsectors seeing improved demand," the analyst wrote. The bank double-upgraded the e-commerce platform to overweight from underweight and hiked its price target to $62 from $35. Feather added that eBay stock is currently trading at a discount versus peers, with Etsy trading around 35% higher. "JetBlue's DNA aligns with our broader preference for loyalty, premium, and international exposure ... albeit with less vigor than the Big 3," the analyst wrote.

Persons: TD Cowen, Morgan Stanley, Needham, Laura Martin, Andy, Martin, — Jesse Pound, Laura Champine, Champine, — Lisa Kailai Han, Tesla, Emmanuel Rosner, Elon Musk, Rosner, Fred Imbert, John Kim, Kim, SLG, KeyBanc, Eric Heath, Heath, Nathan Feather, Feather, James West's, West, Jamie Baker, Baker, Lisa Kailai Han, Matthew Ramsay, Ramsay Organizations: CNBC, Nvidia, Amazon, Wholesale, BJ's Wholesale, Deutsche Bank, Tesla, Reuters, BMO Capital Markets, Green Realty, New York City, SL Green Realty, SL Green, SL, KeyBanc, eBay, EBAY, GE, ISI, GE Vernova, General Electric, JPMorgan, JetBlue JPMorgan, JetBlue, Jetblue, Technology, NVIDIA, Match Group Locations: China, Manhattan, York City, Wednesday's, York

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