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☆ Bill Ackman's Pershing Square withdraws IPO as demand for offering waned
▼ + stars: | 2024-07-31 | by ( Hakyung Kim | ) www.cnbc.com time to read: +1 min

Bill Ackman, chief executive officer of Pershing Square Capital Management LP, speaks during an interview for an episode of "The David Rubenstein Show: Peer-to-Peer Conversations" in New York, US, on Tuesday, Nov. 28, 2023. Bill Ackman's Pershing Square USA withdrew plans for a an initial public offering after investor demand appeared to wane from original expectations. As of the end of June, Pershing Square had $18.7 billion in assets under management. Most of the money was under Pershing Square Holdings, a closed-end fund that trades in Europe. Ackman's move to publicly list Pershing Square was seen as a way to capitalize on his growing presence among retail investors.

Persons: Bill Ackman, David Rubenstein, Bill Ackman's, Berkshire Hathaway, Seth Klarman's Organizations: Pershing, Capital Management, Bill Ackman's Pershing, USA, Berkshire, Pershing Square Holdings, Bloomberg, U.S Locations: New York, PSUS, Europe, Seth Klarman's Boston

☆ What to watch at the Olympics today: U.S. men’s gymnasts back in action, while Katie Ledecky goes for gold
▼ + stars: | 2024-07-31 | by ( Lauren Merola | ) www.nytimes.com time to read: +7 min

The U.S. men’s gymnastics team took America for a ride Monday, capturing their first team medal in 16 years with a thrilling finish on the pommel horse. AdvertisementElsewhere, Canada women’s soccer will try to overcome the six-point deduction levied by FIFA for flying a drone over New Zealand’s training sessions. Tatum, a three-time first-team All-NBA star and second-leading scorer on the Tokyo Olympic team that won gold, was the odd player out with Kevin Durant’s return from a calf strain. ET, 2:44 p.m. in Paris (men)TV: USA Network and PeacockWhat to watch: The women’s and men’s cycling BMX freestyle finals take place at La Concorde Urban Park. But they face stiff competition from Tokyo gold medalist Logan Martin (Australia) and Great Britain’s Kieran Reilly, who led in qualifying.

Persons: Frederick Richard, Paul Juda, Jayson Tatum, Juda, Stephen Nedoroscik, ” Richard, Richard, Brody Malone, Jayson Tatum’s, Steve Kerr, Tatum, Kerr, Kevin Durant’s, ” Kerr, “, Tatum ‘, ’, Sunday benching, Adam Pretty, Katie Ledecky, Ledecky, Ariarne Titmus, Summer McIntosh, Charlotte Worthington of, Hannah Roberts, Marcus Christopher, Justin Dowell, Logan Martin, Britain’s Kieran Reilly, Simone Biles, Dana O’Neil, Gabriel Bouys Organizations: U.S, America, Bercy Arena, FIFA, Paris Games, NBC, Japan, China, USA, Boston Celtics, Americans, Olympic, Serbia, Team USA, South Sudan, Tokyo Olympic, Sunday, Puerto Rico, Network, Universo, U.S ., Australia, Zambia, Germany, Wednesday, Canadian Olympic Committee, Canada Soccer, New Zealand, Colombia, La Concorde Urban, Charlotte Worthington of Great Britain, Tokyo Games, Getty Locations: Paris, Canada, Colombia, U.S, Australia, Sudan, Tokyo, South Sudan, America, Peacock, Zambia, Germany, France, AFP

☆ How Soter Analytics uses AI to assess hazards, risks, and violations for 90 companies
▼ + stars: | 2024-07-31 | by ( Erica Sweeney | ) www.businessinsider.com time to read: +6 min

Ninety companies are using the AI, which can detect violations from uploaded photos and videos. This article is part of "CXO AI Playbook" — straight talk from business leaders on how they're testing and using AI. But Goetsch said Soter's AI platform could identify hazards, risks, and violations within about 30 seconds. Soter said about 90 companies were using SoterGenius, including Delta Air Lines, Ramp Health, Boston Children's Hospital, and the insurance brokerage Marsh. For example, Goetsch said one company using SoterGenius recently purchased electric forklifts and installed charging stations.

Persons: —, We've, Soter, Mike Goetsch, Goetsch, SoterGenius, it's, What's Organizations: Service, Ikea, DHL, Occupational Safety, Health Administration, Federal Aviation Administration, Delta Air Lines, Health, Boston Children's Hospital Locations: London

☆ Replacing red meat cuts dementia risk by 20%, study says
▼ + stars: | 2024-07-31 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +7 min

The risk for dementia dropped by 20%, however, for people who replaced that small daily serving of processed red meat with a daily serving of nuts and legumes. Processed red meats such as bacon, sausage, hot dogs and deli meats often contain higher levels of sodium, nitrates and saturated fat. Each additional serving of processed red meat raised riskAn abstract of the study, which is under review for publication, was presented Wednesday at the 2024 Alzheimer’s Association International Conference in Philadelphia. Red meat intake is limited. Red meat, especially processed red meat as seen here, is linked to an unhealthy heart and brain.

Persons: ”, Walter Willett, ” Willett, David Katz, Katz, Maria Carrillo, Tanja Ivanova, Yuhan Li, Li, Christopher Gardner, ” Gardner, chia, sprinkle chia Organizations: CNN, Harvard, of Public Health, True Health Initiative, International Conference, Nurses, Alzheimer’s Association, Getty, Division, Network Medicine, Brigham, Women’s Hospital, Stanford Prevention Research, Nutrition Studies Research Locations: Chan, Boston, Philadelphia, bologna, lima, California

☆ A.I.’s Benefits Outweigh the Risks - The New York Times
▼ + stars: | 2024-07-31 | by ( David Brooks | ) www.nytimes.com time to read: +6 min

I’m optimistic, paradoxically, because I don’t think A.I. I don’t think A.I. In fact, I think instead of replacing us, I think A.I. are based on an underestimation of the human mind. “mind” is like the human mind.

Persons: —, Michael Ignatieff, Angus Fletcher, ”, it’s, It’s, Peter Thiel, Tyler Cowen, A.I, “, ” Keats Organizations: Ohio State University, Harvard Business School, Boston Consulting Group Locations: Canadian

☆ 3 ‘path of totality’ solar eclipse cruises will set sail in 2026 from Boston, Portugal and the UK
▼ + stars: | 2024-07-31 | by ( Celia Fernandez | ) www.cnbc.com time to read: 1 min

Holland America Line is offering travelers the chance to sail along the path of the 2026 total solar eclipse. The cruise line is offering three trips that will put the ships in the "path of totality," including one round-trip from Boston. That trip will depart on a 35-day Voyage of the Vikings: Solar Eclipse on July 18, 2026. The 28-day Scandinavian Solar Eclipse trip starts on July 25, and departs from Dover, England, or Rotterdam with stops in Greenland and Scotland. The 13-day Mediterranean Solar Eclipse trip has an overnight stop in Barcelona and departs from Portugal on August 9.

Organizations: Vikings, Eclipse Locations: Holland America, Boston, Dover, England, Rotterdam, Greenland, Scotland, Barcelona, Portugal

☆ A United flight diverted after a passenger's medical issue caused a 'biohazard' that made the crew vomit
▼ + stars: | 2024-07-30 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

A United Airlines flight diverted after a passenger's medical issue. In an ATC recording, a pilot says crew members were vomiting due to the "biohazard." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA United Airlines flight diverted and was deep-cleaned after a passenger's "medical issue" led to passengers vomiting, according to a recording of a pilot speaking to air-traffic controllers. In an air traffic control recording posted by flight tracking site RadarBox on X, a pilot says, "The crew is vomiting and passengers all around are asking for masks."

Persons: — Organizations: United Airlines, Service, Boeing, Washington Dulles Airport Locations: Boston, Houston, Washington

☆ Starbucks online ordering returns after app outage
▼ + stars: | 2024-07-30 | by ( Erika Tulfo | ) edition.cnn.com time to read: +2 min

CNN —A Starbucks app outage on Tuesday left customers unable to place a mobile order, delaying caffeine fixes for millions of coffee lovers until the app returned to service later in the day. Starbucks’ outage woes come as mobile app and drive-thru orders make up more than 70% of Starbucks sales across approximately 9,500 stores nationwide. Starbucks app is seemingly down nationwide, leaving millions of customers unable to place mobile orders. “The Starbucks app not working on my birthday is so rude come on,” wrote X user @syndey_fields1. The Tuesday Starbucks outage took place at the same time that Microsoft reported its Azure cloud computing servers were down.

Persons: Jaci Anderson, “ We’re, ”, @StarbucksCare, “ Organizations: CNN, Starbucks, Microsoft Locations: New York, Boston, Washington, Chicago, Dallas

☆ Tiffany Haddish defends Zimbabwe grocery store TikTok video after backlash
▼ + stars: | 2024-07-30 | by ( Amarachi Orie | Nimi Princewill | ) edition.cnn.com time to read: +3 min

CNN —Tiffany Haddish has responded to a backlash over a video she posted on TikTok in which she excitedly showed the folk back home that there are grocery stores in Zimbabwe. So, I’m out here in Zimbabwe in Harare and look at the grocery store. They got a grocery store. A screengrab taken from a TikTok video of Tiffany Haddish in a Zimbabwe grocery story. Believe it, believe it, believe it, believe it.

Persons: CNN — Tiffany Haddish, ” Haddish, Tiffany Haddish, “ Aw, “, “ Tiffany Haddish, Haddish, “ Tiffany, Mhako, Tiffany Haddish’s, ” Mhako Organizations: CNN, Zimbabwe National Chamber of Commerce, Boston Consulting Group Locations: Zimbabwe, Harare, Africa, ”

☆ How to think like an Olympian and develop a winner’s brain
▼ + stars: | 2024-07-30 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +12 min

Not only do Olympic athletes tone their bodies into near perfection; they hone their minds as well. Researchers have studied Olympians for decades and found they share some common traits, habits and qualities that you too can use to develop a winner’s mindset. Greece's Giannis Antetokounmpo dunks the ball in the men's preliminary round during the Paris 2024 Olympic Games. Banish self-doubtThere is no room for doubt in the minds of Olympic athletes, according to Gould. Italy's Sofia Goggia takes part in the women's downhill third training session during the Beijing 2022 Winter Olympic Games.

Persons: CNN —, ”, Jeff Brown, Brown, Dan Gould, Gould, ” Gould, Greece's Giannis Antetokounmpo, Kelly McGonigal, “, McGonigal, you’ve, ” Simone Biles, ” Brown, we’re, Simone, ” Ahtziri Sandoval, Tom Weller, VOIGT, I’ve, Italy's Sofia Goggia, Fabrice Coffrini, it’s, Trinity Rodman, Alexandra Popp, Brad Smith, don’t, Spain's Maria Xiao, Wang Zhao, France's Léon Marchand, Manan Vatsyayana, I’m, they’re Organizations: CNN, Harvard Medical School, Boston Marathon, Institute for, Youth Sports, kinesiology, Michigan State University, US Olympic Committee, United States Tennis Association, Research, Getty, Team Mexico, Olympic, Italy's, ”, Paris, Paris Games Locations: England, Beijing, AFP, United States, Germany

☆ Here's how much apartment space $1,500 a month can get you in 20 major U.S. cities
▼ + stars: | 2024-07-30 | by ( Celia Fernandez | ) www.cnbc.com time to read: +1 min

The apartment search website set out to determine how much apartment space renters across the United States can get for just $1,500 a month. The report found that more than half of the top 20 major cities offering the most space for that amount are in the Southeast and Southwest. Renters in major coastal cities like New York and Boston are sacrificing square footage and shelling out equal amounts in monthly rent, data shows. Texas has three locations where renters can get the most space for just $1,500— Lubbock, El Paso and Corpus Christi. Major cities in California top the list of places that offer the least amount of space for $1,500.

Organizations: Corpus Christi Locations: United States, Southeast, New York, Boston, Wichita , Kansas, Manhattan , New York City, Texas, Lubbock, El Paso, Corpus, California

☆ The inside story of John Roberts and Trump’s immunity win at the Supreme Court
▼ + stars: | 2024-07-30 | by ( Joan Biskupic | ) edition.cnn.com time to read: +13 min

This exclusive series on the Supreme Court is based on CNN sources inside and outside the court with knowledge of the deliberations. Justices weren’t in a hurry to hear the caseThe immunity case first arrived at the justices’ door in December. Perhaps, she hoped to influence lower court judges to read the Roberts opinion as more flexible for a future prosecution. It was a particularly extreme section of Roberts’ opinion – decided by the kind of 5-4 vote the chief justice usually tried to avoid. He fully joined Roberts’ opinion but then questioned the constitutionality of the special counsel’s office.

Persons: John Roberts ’, Donald Trump, Roberts, justice’s, admonishing Trump, Bush, Clinton, ”, Trump, ” Roberts, Jack Smith, Fischer, Samuel Alito, Roberts tersely, Clarence Thomas, weren’t, Smith, Adam Feldman, Jake Truscott, EmpiricalSCOTUS, Roberts ’, Ronald Reagan, George H.W, Brett Kavanaugh, George W, Reagan, SCOTUS, Roe, Wade, Dobbs, Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson, Barrett, Trump’s, –, Thomas, Thomas ’, Aileen Cannon, Trump . Thomas Organizations: CNN, Republican, Trump, Manhattan, Capitol, U.S . Capitol Police, New England Law Boston, Jackson, Health Organization, Liberal, Trump . Locations: Trump, Washington, rejoinder, United States, Galway, Ireland, Iran, Colorado

☆ Cramer's Lightning Round: Lowe's is a buy
▼ + stars: | 2024-07-30 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Borr Drilling's year-to-date stock performance. Stock Chart Icon Stock chart icon Blackstone's year-to-date stock performance. Stock Chart Icon Stock chart icon Dexcom's year-to-date stock performance. Stock Chart Icon Stock chart icon Lowe's year-to-date stock performance. Stock Chart Icon Stock chart icon Joby Aviation's year-to-date stock performance.

Persons: Borr, Blackstone, Abbott, Edwards Lifesciences, Edwards, Joby, Marvell, Matt Murphy, Jim Cramer's Organizations: Borr, Boston Scientific, Joby, Marvell Technology, Marvell

☆ ‘Biohazard’ prompts United Airlines flight diversion
▼ + stars: | 2024-07-29 | by ( Pete Muntean | ) edition.cnn.com time to read: +1 min

CNN —A “biohazard” on a United Airlines flight is the latest midair incident to trigger an unplanned, early landing of a commercial plane. United Airlines says one passenger’s “medical issue” caused flight 2477 to land in Virginia, where the plane had to be “deep cleaned.” FlightAware shows the flight departing Houston on Sunday morning, then diverting to Washington Dulles International Airport about two hours into the trip. Audio posted on X by Thenewarea51 captured a flight crew member describing a “biohazard” on board the flight. Earlier this month, a Delta flight diverted to New York when spoiled food made passengers sick. In April, a United flight had to return to San Francisco when a toilet began overflowing.

Persons: FlightAware, Thenewarea51, “, United Organizations: CNN, United Airlines, Houston, Washington Dulles International Airport, Boston Logan International Airport, Boston, Delta Locations: Virginia, New York, San Francisco

☆ Anxiety may increase risk of dementia, study finds
▼ + stars: | 2024-07-29 | by ( Kristen Rogers | ) edition.cnn.com time to read: +8 min

ingwervanille/Moment RF/Getty ImagesMore than 55 million people worldwide have dementia, a number expected to increase to 139 million by 2050. Previous studies exploring the relationship between anxiety and dementia have largely measured participants’ anxiety at one point in time, providing mixed conclusions — but how long someone’s anxiety lasts is an important aspect worth considering, the authors argued. Researchers measured participants’ anxiety at the first and second assessments. Someone’s anxiety was considered resolved if they had anxiety only at the time of the first wave. “This study agrees with earlier studies that therapy aimed at alleviating anxiety can help reduce risk for (Alzheimer’s disease).

Persons: ”, Kay Khaing, Glen R, Finney, ” Finney, wasn’t, “, Rudolph Tanzi, Dr, Joel Salinas, Isaac Health, Salinas wasn’t, Tanzi, Khaing, ” Khaing, ” Tanzi Organizations: CNN, American Geriatrics Society, Hunter New, Hunter New England Health, Getty, Australian Department of Health, American Academy of Neurology, McCance, Brain Health, Massachusetts General Hospital, NYU Langone Health, ”, National Alliance, Mental Locations: Hunter New England, Newcastle, Australia, Pennsylvania, Massachusetts, Boston, ” Salinas

☆ Generative AI requires massive amounts of power and water, and the aging U.S. grid can't handle the load
▼ + stars: | 2024-07-28 | by ( Katie Tarasov | ) www.cnbc.com time to read: +4 min

Katie TarasovChasing powerThere are more than 8,000 data centers globally, with the highest concentration in the U.S. And, thanks to AI, there will be far more by the end of the decade. Boston Consulting Group estimates demand for data centers will rise 15%-20% every year through 2030, when they're expected to comprise 16% of total U.S. power consumption. Tench said Vantage's data centers typically have the capacity to use upward of 64 megawatts of power, or as much power as tens of thousands of homes. And as we think about AI applications, those numbers can grow quite significantly beyond that into hundreds of megawatts," Tench said . Vantage Data Centers is expanding a campus outside Phoenix, Arizona, to offer 176 megawatts of capacity Vantage Data CentersHardening the gridThe aging grid is often ill-equipped to handle the load even where enough power can be generated.

Persons: Katie Tarasov, they're, OpenAI's ChatGPT, Jeff Tench, Tench, there's, Shaolei Ren, Rahul Chaturvedi, Chaturvedi, ChatGPT Organizations: Boston Consulting, CNBC, Vantage, North, University of California, U.S Locations: Santa Clara , California, U.S, Silicon Valley, North America, Northern California, Ohio , Texas, Georgia, Phoenix , Arizona, Riverside, Virginia, San Diego

☆ 'It's impossible to not fall in love with Italy': I left the U.S. for Milan 20 years ago—the top 4 lessons I learned
▼ + stars: | 2024-07-28 | by ( Leslie Strazzullo | ) www.cnbc.com time to read: +4 min

Twenty years ago, when I was 35, I left my life in the greater Boston area to pursue a job opportunity in glamorous Milan. I was on a permesso di soggiorno (residence work permit), which allowed me one year to find another job. With a few months left on my permit, I received an offer to work for a U.S. multinational with offices in Italy. I was so glad that I hung in there and bet on myself and my life in Italy. Ultimately, I learned valuable things about my peers and the business over a relaxing meal or coffee.

Persons: I've, Leslie Strazzullo, It's, soggiorno Organizations: Duomo, Milano, University of South, Pirelli Locations: Milan, Boston, University of South Carolina, Italy, Hall, U.S

☆ Buy top tech stocks like Apple ahead of their results before it's too late, Bank of America says
▼ + stars: | 2024-07-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +4 min

The investment bank says stocks like Apple are table-pounding buys ahead of quarterly results this week. CNBC Pro combed through Bank of America research to find buy-rated tech stocks with more room to run. Apple Bank of America recently raised its price target on the iPhone maker to $256 from $230. Shopify Time to buy shares of the Canadian provider of websites for businesses, according to Bank of America. Analyst Brad Sills recently upgraded Shopify to buy from neutral as a "more balanced growth & margin profile" take hold.

Persons: Wamsi Mohan, Apple, Mohan, GenAI, Brad Sills, Sills, Shopify, Sachin Salgaonkar, Mark Murphy, Satya Kumar, Samir Organizations: Bank of America, CNBC, Microsoft, Apple, Micron Technology, Sea, Apple Bank of America, Apple Vision, Micron Locations: Bank, Shopify, U.S, Singapore, Southeast Asia, Asia, Brazil, Boston, New York

☆ How ‘cat lady’ became an insult for women of a certain age
▼ + stars: | 2024-07-27 | by ( Scottie Andrew | ) edition.cnn.com time to read: +12 min

CNN —The stereotypical “cat lady” is one of pop culture’s most bizarre characters — and easiest punching bags. And though Vance’s description of “cat lady” didn’t include “crazy,” madness has been associated with “cat ladies” for over a century. “There is something about the independence of cats, something I like about them, which can be linked with a suspicion of independent women,” said Alice Madicott, whose book “Cat Women” prods the “crazy cat lady” stereotype. Many women proudly reclaim ‘cat lady’So-called cat ladies have been reclaiming the term for more than a century. And since Vance’s comments resurfaced this week, “childless cat lady” is now appearing on new merchandise including bumper stickers and yard signs.

Persons: Eleanor Abernathy, “ Big Edie ” Beale, She’s, Robert DeNiro, She’s …, Kamala Harris, Donald Trump’s, Sen, JD Vance, Tucker Carlson, “, ”, Harris, “ We’re, they’ve, ” Vance, Pete Buttigieg, we’ve, Harris “, Fiona Probyn, doesn’t, ” She’s, Rapsey, Vance, ’, haggard, Bastet, Corey Wrenn, Wrenn, Amir Makar, Agnes Waterhouse, Alice Madicott, untameable, Linda Rodriguez McRobbie, couldn’t, ” Rodriguez McRobbie, Havisham, Charles Dickens ’, Rodriguez McRobbie, Jane Austen, Miss Bates, “ Emma ”, Austen, spinsters, Hart Ayrault, Tom Cats, William Henry Ellam, Ken Florey, suffragettes, Big, Susan Michals, ” Michals, Women’s suffragists, suffragists Nell Richardson, Alice Burke, Michals, she’s, Michelle Pfeiffer, Zoë Kravitz, Halle Berry, Catwoman, who’s, Pfeiffer, Kravitz’s, Holly Golightly, Taylor Swift, Raymond Hall, ” Madicott, Swift, Kerstin Emhoff, Harris ’, Ella Emhoff, Jennifer Aniston, ’ —, Swifties Organizations: CNN, University of Wollongong, Democratic, University of Kent, Roman, Getty, Boston Globe, United, American Veterinary Medical Association Locations: Springfield, Australia, Egypt, Alexandria, AFP, Europe, England, “ Grey, New York, United States

Financial advisor Mark Scribner says rich people waste money on luxury cars and household staff. Millionaires also spend too much money treating their friends and family to expensive dinners. To learn from rich people's mistakes, we spoke to Mark Scribner, financial advisor to millionaires and managing director at Boston-based wealth management firm Carson Wealth. Scribner shares four things rich people spend too much money on, and what we can learn from their mistakes. These vehicles just sit in the garage for months until it's time to show them off to impress friends, family, and colleagues.

Persons: Mark Scribner, Millionaires, Carson, Scribner, Rich, doesn't Organizations: Millionaires, Boston, Carson Wealth, Household

☆ Stocks making the biggest moves premarket: Coursera, WW International, DexCom, Deckers and more
▼ + stars: | 2024-07-26 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Dexcom — The medical device stock plummeted more than 36% after the company posted a second-quarter revenue miss. The company's $579 million revenue was also lower than the consensus estimate of $597 million. Coursera — The online course provider stock surged 26% after Coursera posted second-quarter revenue of $170 million, which exceeded the $164 million analysts had expected, according to LSEG. 3M — The industrials giant added nearly 7% after posting second-quarter adjusted earnings of $1.93 and adjusted revenue of $6.02 billion. Charter's $13.69 billion revenue also exceeded the $13.59 billion analysts had expected.

Persons: George Kurtz, LSEG, Dexcom, Boston Beer, Coursera, Bristol Myers, Morgan Stanley, —, Alex Harring, Sarah Min, Jesse Pound Organizations: Semiconductor, Nvidia, Broadcom, Devices, Qualcomm, Micron Technology, Boston Beer, Boston, Mohawk Industries, Mohawk, Bristol Myers Squibb, Bristol, Revenue, Norfolk Southern, Charter Communications

☆ Stocks making the biggest moves midday: 3M, Dexcom, Sweetgreen, Texas Roadhouse and more
▼ + stars: | 2024-07-26 | by ( Alex Harring | ) www.cnbc.com time to read: +6 min

Dexcom — Shares plummeted more than 40% after the medical device maker missed expectations for second-quarter revenue and offered weak full-year guidance for the measure. That exceeded analysts' expectations for earnings of $3.48 per share on revenue of $808 million, per LSEG. Norfolk Southern — Shares of the railroad operator gained 10% after a second-quarter earnings beat. Texas Roadhouse — The restaurant chain climbed 4.4% after second-quarter earnings topped expectations. Texas Roadhouse earned $1.79 per share, above the $1.64 per share estimate from analysts surveyed by LSEG.

Persons: Dexcom, Coursera, Newell Brands, Newell, Boston Beer, LSEG, Mohawk, Bristol Myers Squibb, Morgan Stanley, FactSet, amortization, Bitcoin, Alexander, Baldwin —, Alexander & Baldwin, Piper Sandler, Guggenheim, Sweetgreen —, Oppenheimer, Stifel, Yun Li, Pia Singh, Sean Conlon, Jesse Pound, Hakyung Kim, Lisa Kailai Han Organizations: LSEG, Newell, Yankee, Wall, Boston Beer, Boston, Mohawk Industries, Bristol Myers Squibb, Bristol, Revenue, Norfolk Southern, Norfolk, Charter Communications, Southwest Airlines, Deutsche Bank, Southwest, Redburn, FactSet, FTAI Aviation, Texas, Texas Roadhouse, LSEG . Revenue, Colgate, Palmolive Locations: Norfolk

☆ Will the Seine be ready for Olympic swimming? With dry weather and a little luck
▼ + stars: | 2024-07-26 | by ( David Aldridge | ) www.nytimes.com time to read: +12 min

Being a veteran world-class swimmer — and cyclist, and runner — Taylor Spivey has dealt with worse than Paris’ River Seine. (Bertrand Guay / AFP via Getty Images)Standards for water quality differ in Europe than in the United States. “And that can be associated, on one hand, with the clement weather, dry weather. A month ago, we, basically, we hadn’t had yet a single day where the water quality had been acceptable for the whole year. Right now, probably, today, I would go swim.”GO DEEPER Team USA has owned the Olympic swimming pool — is that about to change in Paris?

Persons: —, — Taylor Spivey, “ I’ve, Spivey, She’s, she’s, ”, “, It’s, there’s, Taylor Spivey, Bertrand Guay, Anne Hidalgo, Victoria, Hans Lucas, we’ve, Dan Angelescu, ” Angelescu, clement, ” Spivey, Angelescu, wouldn’t, hadn’t, Dan Goldfarb, Sina Organizations: Athletic, United, Super, USA Lifesaving International, U.S, Tokyo Olympic, Games, Olympic, Getty, Paris, Eau de Paris, Olympians, Boston, New, Canadian Broadcasting Corporation, USA Locations: Paris, United States, Los Angeles, Tokyo, Seine, American, swimmable, —, AFP, Europe, U.S, Austerlitz, Victoria Valdivia, Philadelphia, Chicago, New York City, ”

☆ Here's a sell-off strategy to take advantage of the painful market rotation out of tech stocks
▼ + stars: | 2024-07-25 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Those are our only "own, don't trade" stocks, and they may hold the key to the rest of tech. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, it's, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Apple, Nvidia, Club, Broadcom, AMD, Juniper Networks, Digital Realty Trust, Boston Beer, Bristol, Myers, Charter Communications, Colgate, Fed, Jim Cramer's Charitable Locations: Dexcom, Sketchers, Texas

☆ Real estate investors weigh in on how passive rental income really is: 'It's like having an expensive puppy'
▼ + stars: | 2024-07-25 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +9 min

If you google "passive income ideas," one of the first strategies that pops up is to buy a rental property. Even those with property managers have described having to "manage the property manager." Buying rental properties is "expensive like a puppy," he added. They've learned that, "the more hands-on you are, the more money you're going to make," said Jervais. One, their long-term rental properties are newer, so they naturally have fewer maintenance requests and upkeep.

Persons: I'm, Matt, it's, Matt H Natia, Jervais Seegars, They've, Karina Mejia, aren't, Mejia, Jervais, Jim Resonable, she'd Organizations: Service, Business, EVO Real Estate Locations: New Hampshire, Boston, Augusta , Georgia, North Carolina , California, Georgia

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