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Dealers say BOJ efforts to make short selling more expensive have also worked and that investors are simply avoiding the market, rather than crowding into bets on yields rising. Nearly 90% of economists polled by Reuters said they expect no policy change. Ueda's most recent remarks have stressed the need to keep policy settings loose for now, without ruling out the possibility of future changes. On Sunday the Sankei newspaper reported the BOJ is considering a review of the impact of its policy settings, which could foreshadow changes. Nomura strategist Naka Matsuzawa said the path ahead would be a balance between getting a policy change done, and improving communication.

☆ Google Is All About Cost Control Now
▼ + stars: | 2023-04-26 | by ( Dan Gallagher | ) www.wsj.com time to read: 1 min

Google parent Alphabet expects capital expenditures to be modestly higher than last year. Photo: Patrick T. Fallon/Agence France-Presse/Getty ImagesGoogle is working hard to do more with less. How it does with a lot less remains to be seen. But the company’s total advertising revenue was still flat year over year. And while Google doesn’t give formal projections, it said on its conference call to discuss its quarterly results that “the outlook remains uncertain.”

☆ Photos show SpaceX's Starship rocket blew a crater into its launchpad and flung concrete chunks hundreds of feet during liftoff
▼ + stars: | 2023-04-26 | by ( Kelly Mclaughlin | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +4 min

SpaceX's Starship blew a huge hole in its launchpad during takeoff last week and scattered debris. Members of the public walk through a debris field around the Starship launchpad at SpaceX's facilities near Boca Chica, Texas. It was also missing a water-deluge system, which helps further reduce energy blast around the launch site during liftoff. Rocks and other debris fly around remote cameras as SpaceX’s Starship lifts off atop its Super Heavy booster for the first time. Last week's flight was the first time SpaceX launched a Starship rocket on top of it its Super Heavy booster.

☆ SpaceX's Starship mega-rocket was too powerful for its own good
▼ + stars: | 2023-04-26 | by ( Chris Panella | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

Rocks and other debris fly around remote cameras as SpaceX’s Starship lifts off atop its Super Heavy booster for the first time. Starship was too strong for its launchpadA field of debris surrounds Starship's launchpad after the rocket's launch blew up concrete beneath it. Debris litters the Starship launchpad, with damaged fuel tanks visible in the background. PATRICK T. FALLON / Contributor / Getty ImagesThere were no injuries related to the Starship launch, according to the FAA. In addition to the mishap investigation, SpaceX must request a modification to its launch license in order to fly another Starship.

☆ Goldman Sachs M&A team doesn't get out of bed for less than $10 billion
▼ + stars: | 2023-04-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Goldman Sachs' M&A team operates under a similar mandate, albeit with a few more zeros. Why bother stressing over 10 $1 billion deals when you can just do a $10 billion deal? It's not just the M&A market that's facing issues. The bank has held the top spot on the year-end M&A league tables for decades, but it is hearing footsteps. More on Goldman's M&A strategy amid an industry drought.

☆ GM to end production of electric Chevy Bolt, its first mass-market EV, later this year
▼ + stars: | 2023-04-25 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

Steve Fecht for ChevroletDETROIT – General Motors plans to stop production of its electric Chevrolet Bolt models by the end of this year, CEO Mary Barra told investors Tuesday when discussing the company's first-quarter earnings. The Chevy Bolt EV and EUV, a larger version of the car, make up the vast majority of the company's electric vehicle sales to date. General Motors CEO Mary Barra unveiled the Chevrolet Bolt electric vehicle during the 2016 Consumer Electronics Show in Las Vegas. But Bolt sales never caught on as well as many executives hoped, as EV sales overall remained minuscule outside of Tesla . The Vermont State Police released this photo of the 2019 Chevrolet Bolt EV that caught fire on July 1, 2021 in the driveway of state Rep. Timothy Briglin, a Democrat.

☆ Mpox outbreak was wake-up call for smallpox preparation, vaccine maker Bavarian Nordic says
▼ + stars: | 2023-04-25 | by ( Spencer Kimball | ) www.cnbc.com time to read: +8 min

Bavarian Nordic CEO Paul Chaplin said the rapid spread of mpox last year was a wake-up call for the company, which is based in Denmark. Bavarian Nordic's Jynneos vaccine is approved by the U.S. Food and Drug Administration to protect against both pathogens. Bavarian Nordic will finish delivering an order of 5 million Jynneos doses for the U.S government in the first half of this year. Bavarian Nordic estimates that the potential demand for the mpox vaccine could reach tens of millions of doses. "If you can reengineer a related virus like horsepox, you can engineer variola, which is the smallpox virus that infects humans," he said.

☆ NBCUniversal CEO Jeff Shell to Depart After Probe Into Improper Conduct
▼ + stars: | 2023-04-23 | by ( Joe Flint | ) www.wsj.com time to read: 1 min

Photo: Patrick T. Fallon/Bloomberg NewsNBCUniversal Chief Executive Jeff Shell is departing after an investigation into a complaint of inappropriate conduct, a stunning fall for an executive who pushed for sweeping changes at the media giant as it entered the streaming era. Mr. Shell’s exit, effective immediately, was announced Sunday by parent company Comcast Corp., where he has worked for roughly two decades.

☆ NBCUniversal CEO Jeff Shell to Depart After Company Probe Into Inappropriate Conduct
▼ + stars: | 2023-04-23 | by ( Joe Flint | ) www.wsj.com time to read: 1 min

Photo: Patrick T. Fallon/Bloomberg NewsNBCUniversal Chief Executive Jeff Shell is leaving his post effective immediately after an investigation into a complaint of inappropriate conduct, parent company Comcast Corp. said Sunday. Shell oversaw NBCUniversal’s operations and had been with Comcast for roughly two decades. “I had an inappropriate relationship with a woman in the company, which I deeply regret,” Mr. Shell said in a statement. “I’m truly sorry I let my Comcast and NBCUniversal colleagues down.”

☆ Opinion: What happens when you knock on a door
▼ + stars: | 2023-04-23 | by ( Richard Galant | ) edition.cnn.com time to read: +18 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. In Kansas City, Andrew Lester, an 84-year-old White homeowner shot Ralph Yarl, a Black teenager who rang his doorbell. And, “with Trump as the front-runner for the 2024 Republican nomination, Fox has resumed coverage of him which often veers into the free-advertisement category. Neither Robert F. Kennedy Jr., who announced his candidacy last week, nor Marianne Williamson represents a serious threat, Axelrod noted. “The calendar reads 2023,” wrote the Republican former lieutenant governor of Georgia, Geoff Duncan, “but it feels like 2016 all over again.

☆ Jim Cramer: This is what I learned from the real first week of earnings season
▼ + stars: | 2023-04-23 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

"Simply stated we're in a freight recession." That line, uttered last Monday by Shelley Simpson, president of J.B. Hunt (JBHT), the fourth-largest trucking company in the United States, was the most memorable of the real first week of earnings season. If so, it would know that we're dealing with much more than a freight recession. It's not enough to offset the immense deflationary pressure emanating from the regional banks and the freight recession described by J.B. Hunt. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

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☆ The worst bird flu outbreak in US history is 'wiping out everything in numbers we've never seen before.' Here's what you need to know.
▼ + stars: | 2023-04-23 | by ( Bethany Dawson | ) www.businessinsider.com time to read: +4 min

A new strain of bird flu, also known as avian influenza, is spreading across the US. Bill Powers with his flock of white turkeys, kept under shelter to prevent exposure to bird flu, on November 14, 2022 in Townsend, Delaware. And we now have the highest amount of poultry loss to avian influenza, so this is a worst-case scenario," she added. Last week the US Government started testing four new bird flu vaccines to try and protect the poultry from this mass outbreak, per Reuters. Markets are in troubleFarmers and the markets are being hit hard by the ravages of avian flu.

☆ SpaceX Starship launch: Was it really a 'success?'
▼ + stars: | 2023-04-21 | by ( Jackie Wattles | ) edition.cnn.com time to read: +7 min

CNN —After the first test launch of a SpaceX Starship rocket — the most powerful launch vehicle ever constructed — ended in an eruption of flames over the Gulf of Mexico on Thursday, the company sought to frame the mission as a success. Within the space industry, Thursday’s Starship test mission wasn’t considered an outright failure, Caleb Henry, director of research at the space research firm Quilty Analytics, said. The SpaceX Starship exploded after launch for a flight test on April 20, 2023. There isn’t just one Starship vehicle that’s spent years in the development pipeline. The SpaceX rocket that flew on Thursday “was really just a bare bones,” Reisman added.

Coronations at Westminster Abbey go back almost one thousand years. Like Charles III, William had his coronation at Westminster Abbey. Gross says coronation blunders do not become truly significant for monarchs until their reign starts to go wrong. A “beautiful and symbolic” silver cross containing a piece of the so-called True Cross will lead King Charles’ coronation procession in London next month. Meanwhile, gun salutes will sound from military bases and ships at sea to mark the moment Charles is crowned King.

The triumphant pair on Sunday will also receive a two-year exemption on the PGA Tour. The Fitzpatrick brothers will pair together at the Zurich Classic. The golf world is very different from when I started to when he’s playing now so he’s going to focus on the Challenge Tour probably, he’s excited for that. Yet Fitzpatrick – dubbed the hardest-working golfer on the PGA Tour – has no intention of accepting his place in the food chain. “I’m constantly looking at ways to improve and get better, and that’s what’s really important is to keep pushing myself and try and catch them up.”

☆ Watch all 5 times SpaceX's Starship rocket exploded in a giant fireball
▼ + stars: | 2023-04-20 | by ( Grace Eliza Goodwin | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +4 min

SpaceX's Starship rocket exploded above Texas on its first attempted orbital launch. The space exploration company launched Starship from its base in Boca Chica, Texas. The Starship blasted off from Texas this morning, but exploded less than 3 minutes later. Here's the first one:In that first test flight, on December 9, 2020, a Starship prototype called Starship serial no. 8, or SN8, soared about 7 miles above SpaceX's Texas facilities.

☆ Live Updates: SpaceX Prepares Again to Launch Starship Rocket
▼ + stars: | 2023-04-20 | by ( The New York Times | ) www.nytimes.com time to read: +5 min

PinnedSpaceX’s first attempt on Monday to launch Starship, the most powerful rocket ever built, was called off. During a livestream for a different SpaceX launch on Wednesday, the company noted that another Starship postponement was possible. Credit... Patrick T. Fallon/Agence France-Presse — Getty ImagesWhy didn’t Starship launch on Monday? Splashdown Near Hawaii Launch SpaceX Starbase Boca Chica, TexasStarship is designed to be entirely reusable. About eight minutes after the launch on Thursday, the Super Heavy booster will splash into the Gulf of Mexico.

Phishing scams were up 61% in 2022, and the scammers' goal is to convince you to give them your information. A study from SlashNext even showed that in 2022, there were 255 million phishing scam attacks, a 61% increase compared to 2021. Fake bank emailsWhen you're scrolling through your inbox, you might occasionally get emails from your bank, open them up, and resolve what's inside. "These emails often contain a phishing link or attachment that, once clicked, can install malware on the user's device," he says. Real estate wire transferIf you're involved in real estate transactions, Sprung says there's a phishing scam happening in the industry that's worth paying attention to.

☆ SpaceX's Starship Explosion: How We Got Here
▼ + stars: | 2023-04-20 | by ( Dave Cole | Emil Lendof | ) www.wsj.com time to read: 1 min

SpaceX and other companies are looking to step up the frequency of rocket launches, prompting regulators to rethink how they handle such flights. “Due to the increasing pace of space activity, the FAA is taking steps to optimize and equitably manage the airspace in the vicinity of launch sites,” the Federal Aviation Administration said. Patrick T. Fallon/AFP/Getty Images

☆ Marilyn Minter's 'Elder Sex' depicts radical images of intimacy
▼ + stars: | 2023-04-18 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +6 min

“There’s so much contempt for elder sex. Marilyn Minter/Courtesy Marilyn Minter & LGDRA handful of the ensuing images were originally published in the New York Times Magazine, accompanying a candid editorial feature about seniors’ sex lives. Minter is now publishing the series in full in the forthcoming book “Elder Sex,” and exhibiting them at New York gallery LGDR. Marilyn Minter/Courtesy of JBE Books & LGDR“We wanted to (include) all races, all types of sex,” Minter explained. What?”Minter hopes "Elder Sex" will serve as a radical body of work and will help normalize sex at older ages.

☆ The $25,000 electric vehicle is coming, with big implications for the auto market and car buyers
▼ + stars: | 2023-04-16 | by ( Tim Mullaney | ) www.cnbc.com time to read: +9 min

And as the Biden administration pushes changes that seek to aggressively remake the car market in favor of EVs more quickly than previously anticipated. Tesla's lowest-priced model today is the Model 3 base MSRP of $41,990. There are also more financing options available in the auto loan market designed specifically for environmentally friendly cars. "There's nothing wrong with having a basic car as a first car. Tesla said its overall efforts have driven the cost of drive units, which include the car's electric motor, as low as $1,000.

☆ Opinion: Top secrets come spilling out
▼ + stars: | 2023-04-16 | by ( Richard Galant | ) edition.cnn.com time to read: +16 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. Writing for CNN Opinion, Rep. Justin Pearson noted, “This should be a chastening moment for revanchist forces in Tennessee’s legislature and across the country. Over the long haul, the undemocratic machinations employed to oust us from office are destined to fail. Dr. Martin Luther King, Jr. once famously said that the moral arc of the universe bends toward justice. “As a Jewish historian,” Perry wrote, “I worry about the tension between preserving the memory of past hardships while not locking our entire history into a tale of oppression.

☆ Opinion: Don't count DeSantis out yet
▼ + stars: | 2023-04-11 | by ( Patrick T. Brown | ) edition.cnn.com time to read: +7 min

A third Trump presidential nomination would indicate that Republican primary voters may prefer style over substance. But if they are serious about not just making liberals mad but advancing actual policy, GOP voters should consider other names, starting with the Florida governor. Recognizing key figures and institutions on the right in this way suggests a DeSantis administration would be serious about delivering on conservative principles. In short, DeSantis offers Republicans a glimpse into what a successful conservative approach to governing could look like. If GOP voters decide their primary operating principle is to enrage the media and “own the libs,” they will nominate Trump.

☆ Here are Monday's biggest analyst calls: Tesla, Walmart, First Republic, Nikola, McDonald's & more
▼ + stars: | 2023-04-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Monday's biggest calls on Wall Street: Bernstein reiterates Tesla as underperform Bernstein said more price cuts are coming for Tesla. Morgan Stanley reiterates Walmart as overweight Morgan Stanley said its latest survey shows Walmart+ membership is at a record. UBS reiterates McDonald's as buy UBS said the fast food giant is extremely well positioned. UBS upgrades Regions Financial to buy from neutral UBS said in its upgrade of the regional bank that it likes the company's balance sheet. Northcoast upgrades McDonald's to buy from neutral Northcoast said it sees improved profitability for McDonald's .

☆ An incredibly rare bullish stock market indicator just flashed for the first time since 2019
▼ + stars: | 2023-04-10 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

An incredibly rare bullish stock market indicator just flashed, suggesting more upside ahead. The Zweig Breadth Thrust indicator flashed for the first time since 2019, according to Ryan Detrick of the Carson Group. That's according to Carson Group chief market strategist Ryan Detrick, who pointed out that the "extremely rare" Zweig Breadth Thrust Indicator just triggered. The last time the Zweig Thrust Indicator triggered was in early 2019. Meanwhile, the six-month forward average return after the Zweig Thrust Indicator triggered is 17%.

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