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As Elon Musk continues to aggressively share conspiracy theories and misinformation about elections on X, election officials are fighting back. In three instances in the last month, Musk's posts highlighting election misinformation have been viewed over 200 times more than fact-checking posts correcting those claims that have been published on X by government officials or accounts. False claims he has posted this month routinely receive tens of millions of views, by X’s metrics, while rebuttals from election officials usually receive only tens or hundreds of thousands. “He is at least implicitly telling people: don’t trust the people that are running elections, trust me, trust x.com, trust Donald Trump. “You’re constantly building up a kind of armor against rationality, against fact-finding, and against the idea that election officials and responsible media can even be credible,” he said.
Persons: Elon Musk, they’re, Barb Bynum, ” Bynum, Donald Trump’s, Biden, Musk, Bynum, Musk’s, , Jocelyn Benson, Benson, Bonnie Cash, Kate Conger, Ryan Mac, Seth Bluestein, Bluestein’s, ” Bluestein, Donald Trump, Hitler, , Kamala Harris, Eddie Perez, ” Perez, “ You’re Organizations: Corrections, NBC News, Michigan, Bynum ., Twitter, New York Times, Republican, Trump —, Atlantic, Henrico, OSET Institute Locations: Musk’s, Michigan, U.S, Bynum . Michigan, Washington ,, Philadelphia, Republican Philadelphia, Pennsylvania, Henrico County , Virginia, Virginia
The notice of claim was filed Thursday on behalf of Nyisha Ragsdale, the aunt of Jahmeik Modlin, who died on Oct. 14 in the Harlem neighborhood. His parents, Nytavia Ragsdale and Laron Modlin, have been charged with second-degree manslaughter and endangering the welfare of a child. A poster in memory of Jahmeik Modlin in New York City. The apartment where Jahmeik Modlin lived in New York. A march held in memory of Jahmeik Modlin.
Persons: Nyisha Ragsdale, Jahmeik Modlin, Jahmeik, Nytavia Ragsdale, Laron, , , ” Nyisha Ragsdale, Jahmiek Modlin, Stephanie Gendell, Gendell, Modlin, Jahmeik’s, Prosecutors, ” Modlin, Nyisha, Sanford Rubenstein, Rubenstein Organizations: Administration, Children’s Services, NBC, York, The, Defender Services, of, New York City Department of Investigation Locations: New York City, Harlem, New York, York, The New York, Modlin
“Kamala is weak, dishonest, and dangerously liberal, and that’s why the American people will reject her on November 5th.”The Harris campaign declined to comment for this article. “Well, I’m clearly a woman,” Harris told NBC News in her interview Tuesday. Before becoming vice president, Harris was elected three times statewide in California, first as attorney general and then as a U.S. senator. Polling shows younger Black men, while still backing Harris overall, have shown historic interest in the Republican candidate this election cycle. “She’s not concerned about being the first,” the Harris campaign official said.
Persons: Kamala Harris, Harris isn’t, Donald Trump, Harris, Trump, , Anne Landers, Ruby Smalls, Jean Carroll, , — Kamala, Joe Biden’s, ” Trump, Karoline Leavitt, “ Kamala, , Hillary Clinton, she’d, ” Harris, ” Carol Moseley Braun, ” Moseley Braun, , she’s, Joe Biden, they’re, Clinton, Israel Anta, Zuma, Patricia Kipp, Tyler Hammond, Taylor Hammond, Sen, JD Vance, Ohio, Neil Rubin, Lara Trump, “ Y’all, ” Lara Trump, Brandon S, “ Trump, he’d, ” Sharmen, , Barack Obama, Obama, I’m, I’ve, Kalid Meky, Meky, Tim Walz, Walz, Doug Emhoff, Tim, James Brown, Harris ’, Jennifer Lawless, ” Lawless, “ Harris, ” Clinton, “ She’s Organizations: NBC News, Trump, NBC, Democratic National Convention, Democratic, Republican, Minnesota Gov, University of Virginia, Center for American Women Locations: McDonald’s, Reno , Nevada, Decatur , Georgia, Savannah , Georgia, U.S, Illinois, California, San Francisco, Trump's, Fayetteville, N.C, Prescott , Arizona, Peoria , Arizona, Charlotte , North Carolina, North Korea, Pennsylvania, Michigan, Wisconsin, Ukraine, Pittsburgh, Vegas, Minnesota, United States of America, United States
Pennsylvania officials said Friday they are investigating as many as 2,500 fraudulent voter registration applications in Lancaster County that election workers flagged during routine reviews of the forms. She added that at least two other counties may have received fraudulent registration applications, too. Election officials notified law enforcement authorities of the issues they discovered while reviewing the voter registration forms and a wide-scale investigation was launched, prompting police to reach out to voters whose information was listed on the forms. After undergoing extensive review of registration applications, at least 60% of the forms that have been investigated so far have been determined to be fraudulent so far, Adams said. “I want to stress this, no eligible voter will be turned away.”The forms were all dropped off at or near the voter registration deadline, which was Oct. 21 in Pennsylvania, a key battleground state.
Persons: canvassers, Heather Adams, , Adams, Ray D’Agostino, Organizations: county’s Locations: Lancaster County, Pennsylvania, Michigan
A newly married North Carolina groom was fatally shot in front of his bride and daughter just hours after the wedding ceremony, his family says. Tyrek Burton, 37, had tied the knot with his bride, Kiara Holloway, on Oct. 12 at the Barber Park Events Center in Greensboro. Burton’s sister, Brittany Burton, told reporters that someone had followed Burton into the parking lot of the venue alleging that Burton was involved in a traffic incident, and opened fire. “He pulled up and did that right where they got married,” she said, noting he was shot several times in the chest. Just why, why, why?” Holloway told WRAL.
Persons: Tyrek Burton, Kiara Holloway, Burton, Brittany Burton, , he’s, Somebody’s, Carolyn Burton, Kiara, ” Nysheria Holloway, Kiara’s, ” Holloway, WRAL Organizations: Greensboro, Greensboro Police, Police, NBC Locations: North Carolina, Greensboro, Raleigh
In a lawsuit filed against the NCAA, plaintiffs cited unspecified reports asserting there was a transgender player on the San Jose State volleyball team, even naming her. While some media have reported those and other details, neither San Jose State nor the forfeiting teams have confirmed the school has a trans women’s volleyball player. More about the San Jose State issue and what’s at stake:Who’s involved? San Jose State senior setter and co-captain Brooke Slusser joined the lawsuit as a plaintiff on Monday. Brooke Slusser of the San Jose State Spartans serves the ball during a match on Oct. 19.
Persons: Donald Trump, Who’s, ” Riley Gaines, Brooke Slusser, Andrew Wevers, Slusser, , ” Kadence Otto, ” Otto, Todd Kress, , Kress, Gloria Nevarez, ” Nevarez, Gaines, Riley Gaines, Megan Mendoza, Sia Liilii, OutKick, Emily Kohan, “ I’m, encroaches, Lia Thomas, Thomas, Joanna Harper, Harper, ” Harper, that’s, Joe Biden, IX, , Jose State’s Organizations: San, San Jose State women’s, Spartans, Republican, University of Nevada, Utah State, Boise, Mountain, NCAA, San Jose, San Jose State volleyball, Associated Press, Independent, Women’s Sports, University of Kentucky, San Jose State Spartans, Gallup, Trump, Western Carolina University, AP, Aggies, Wolf, Phoenix City Hall, USA, , Fox Corp . Colorado State, ” Rams, NCAA Division, Pennsylvania, Penn, Athletics, Oregon Health, Science University, Trans, Democratic, U.S, Supreme Locations: San Jose State, Reno, Nevada, San Jose , California, , Southern Utah, Boise State , Wyoming, Utah, Utah State, Idaho , Nevada , Utah, Wyoming, Jose State, California, The Republic, ” Nevada, Atlanta, Jose
At least 75 people have gotten sick after eating McDonald's Quarter Pounders linked to a deadly E. coli strain, the Centers for Disease Control and Prevention reported Friday. On Thursday, McDonald's confirmed that Taylor Farms, a California-based food producer, supplied the onions used on the contaminated Quarter Pounders. Taylor Farms on Wednesday issued a recall on four raw onion products because of "potential E. Coli contamination." It remains unclear whether Taylor Farms transported the slivered onions directly to McDonald's locations or if they arrived through a distributor. Taylor Farms has not responded to multiple requests for comment.
Persons: what's, haven't, McDonald's, Taylor, Taco, Burger, , Ron Simon, Simon Organizations: Centers for Disease Control, CDC, Drug Administration, Taco Bell, Burger King, KFC, FDA, Taylor, Associates, NBC Locations: California, Colorado, Colorado , Kansas , Utah , Wyoming , Idaho , Iowa , Missouri, Montana , Nebraska , Nevada , New Mexico, Oklahoma
Rapper Lil Durk was arrested Thursday in Florida by U.S. Marshals on a charge of murder for hire, according to booking records. On Aug. 19, 2022, Grant, Wilson, Jones, Lindsey and Houston and Co-Conspirator 2 used two vehicles to “track, stalk and attempt to kill T.B. The indictment said on that day, Grant, Wilson Jones Lindsey and Houston and Co-Conspirator 2 tracked. be committed.”Grant allegedly procured cars, ski masks and firearms that were used to find, track and kill T.B., the indictment said.
Persons: Lil Durk, Banks, , , Grant, Dontrell Wilson, DeDe, Asa Houston, Keith Jones, David Brian Lindsey, OTF, Dayvon Daquan Bennett, “ King Von, , ” “, T.B, Wilson, Jones, Wilson Jones Lindsey, Houston rove, “ Jones, Lindsey, ” Jones, S.R, ” Grant, It’s Organizations: U.S, Marshals, NBC, U.S ., The Chicago Tribune Locations: Florida, Chicago, Broward County, California, Atlanta , Georgia, , Atlanta, OTF, D.B, Los Angeles, Lindsey, Houston, T.B, Beverly
Denver Broncos wide receiver Josh Reynolds and another man were injured in a shooting last week after two vehicles followed them from a Glendale, Colorado, gentlemen's club, documents state. Two men, Burr Charlesworth and Luis Mendoza, were arrested in the Oct. 18 shooting, according to NBC affiliate KUSA of Denver, citing police. One caller said he was driving and had been shot, according to court documents obtained by KUSA. Reynolds was allegedly shot twice, once in his arm and once in the back of his head, KUSA reported. At one point, four vehicles were allegedly following the car Reynolds was in, according to the news station.
Persons: Josh Reynolds, Burr Charlesworth, Luis Mendoza, KUSA, Reynolds, Willies, Mendoza, Charlesworth, KUSA . Charlesworth Organizations: Denver Broncos, NBC, East, KUSA, Police, Broncos Locations: Glendale , Colorado, Denver, East Hampden, Glendale
Matthew Perry’s mom, Suzanne Morrison, is speaking out almost a year since the “Friends” star’s death. In an intimate interview with Today's Savannah Guthrie, Morrison recounted the tender moments she had with her son before his death. “He went through a period, interestingly enough, just before he died when he was showing me one of his new houses,” she said. According to the Los Angeles County Medical Examiner’s Office, the actor died of acute effects of ketamine. Perry’s autopsy report stated that his last known treatment was a week and a half prior to his death.
Persons: Matthew Perry’s, Suzanne Morrison, Savannah Guthrie, Morrison, , , , we’ve, It’s, ” Perry, John Bennett Perry, Keith Morrison, ‘ I’m, Perry, , Martin Estrada, Perry’s Organizations: “ Dateline, Angeles, Angeles County Medical, Office, NBC News, U.S . Drug Enforcement Agency, Authorities, NBC Locations: Los Angeles, Angeles County, Angeles, ” U.S
TAMPA, Fla. — South Florida coach Amir Abdur-Rahim, who led the Bulls to the American Athletic Conference’s regular-season championship a year ago, has died, the school announced Thursday. “Coach Abdur-Rahim leaves a lasting impact on our student-athletes, the university and the community. His 2022-23 team at Kennesaw State went 26-9 and made the NCAA Tournament, earning him the shot to coach at USF. He once quipped he “had no clue” what he was doing during his first season as a head coach, when Kennesaw State won just once. “Throughout my time working with coach Abdur-Rahim, I was continually inspired by his leadership, and truly admired his sincere approach to connecting with our entire student body,” Law said.
Persons: Amir Abdur, Rahim, Michael Kelly, Abdur, ” Abdur, , Rhea Law, Law, Edward Waters, ” George Washington, Chris Caputo, “ Amir, Shareef Abdur, Alex Golesh, Arianne, Dan Gavitt, ” “ Amir, ” Gavitt, Tim Pernetti, Rahim “, ” “, Amir, ” Pernetti Organizations: Bulls, American Athletic, Bulls Nation, USF, Kennesaw State, NCAA, The Bulls, NIT, Associated Press, AAC, G League, ” USF, South Locations: TAMPA, Fla, — South Florida, Tampa, , Kennesaw, Florida, Jacksonville, South Florida
“If the North Koreans are actually sending troops to fight with the Russians, then clearly the level of Russian willingness to support North Korea, to help defend North Korea, is going to be equivalent,” he told NBC News in an interview Thursday. “And that really, in many ways, supplants China as North Korea’s most important protector.”Ukraine says 12,000 North Korean troops in Russia, could join fight starting SundayThe U.S. and its ally South Korea say 3,000 North Korean troops have been deployed to Russia, with the total expected to reach 12,000. Ukrainian President Volodymyr Zelenskyy said Friday in a post on X that the first North Korean soldiers were expected to be deployed in combat zones as early as Sunday. The entry of North Korean troops into the Ukraine war could also lead to even further escalation of the conflict. “I think that the North Korea move is a big part of that, frankly,” Bremmer said.
Persons: Kim Jong, Vladimir Putin, Kim Jong Un, , Ian Bremmer, Volodymyr Zelenskyy, Kim, Putin didn’t, We’ll, , Kim Yong, Lloyd Austin, Bremmer, Xi Jinping, ” Bremmer, Lin Jian, Wang Yi, Xi, Putin Organizations: U.S, North, Getty, Eurasia Group, NBC News, Korean, Ukrainian Defense Ministry’s, Directorate of Intelligence, Ukrainian, Centre, Strategic Communication, Security, Putin, United Nations, South Korean Defense, U.S ., South Korea’s National Intelligence Service, South Korean National Intelligence Service, AFP, Foreign Ministry, Foreign, Kremlin Locations: HONG KONG — North, Ukraine, Washington, Korea, Russia, China, Pyongyang, Beijing, New York, Koreans, North Korea, North, ” Ukraine, South Korea, Vietnam, Russian, Kursk, Russia’s Far, Kazan, U.S, Korean, Washington . South, Moscow, North Korean, Japan
DNA testing has revealed that a skull found decades ago in the wall of an Illinois house belonged to an 18-year-old woman who died just after the American Civil War. How did the skull end up in a wall in Illinois when Granger's body was buried in Indiana? "Grave robbing was quite common in that era as it was quite profitable. While the practice was illegal, the law forbidding grave robbing was not always enforced, Russell said. It was hugely controversial as a result, with riots and even murders of alleged perpetrators following some suspected grave robbing incidents.
Persons: Esther Granger, Granger's, Esther, Charles Granger, Bob Russell, Granger, Othram, Wayne Svilar, Svilar, Russell Organizations: Authorities, Batavia Depot Museum, Othram Laboratories, Portland Police Bureau, West Batavia Cemetery, North Aurora Locations: Illinois, Kane County, Batavia, Chicago, Indiana, Texas, DNASolves.com, Portland , Oregon, Multnomah County, Portland —, West Batavia, North
The 2024 World Series showdown between the Los Angeles Dodgers and the New York Yankees begins Friday — a clash between two coasts and two rosters of star-studded players. The matchup features the titans of the National and American Leagues in 2024, along with Major League Baseball's most talented players, on two legendary franchises with historical baseball legacies. It will be the 12th time these teams have met in the World Series, the most of any two teams in the league. Game 1 will be played at Dodger Stadium in Los Angeles at 8:08 p.m. ET/5:08 p.m. PT Friday. All games are also available on MLB.TV, though you’ll need authentication with a participating pay TV provider to watch.
Persons: It's, Aaron Judge Organizations: Los Angeles Dodgers, New York Yankees, National, American Leagues, Major League, Yankees, Dodgers, MLB, Dodger, Fox, New York, Hulu, Live, YouTube Locations: . New York, Los Angeles, New, New York
Williams appears to be the first person to publicly allege sexual misconduct by Trump in which Epstein played a role. Later, in the “later winter, early spring” of 1993, Williams recalled, she was walking with Epstein near Fifth Avenue when he suggested visiting Trump at Trump Tower. “He made me feel so disgusting and, I remember, at that moment so utterly confused,” Williams recalled. Days after the incident, a postcard arrived at her modeling agency addressed to her, Williams recalled. “He harmed me,” Williams told NBC News.
Persons: Stacey Williams, Donald Trump, Jeffrey Epstein, Williams, Kamala ” Zoom, Ashley Judd, Tarana Burke, , ” Williams, Kamala Harris ’, ” Trump, Karoline Leavitt, Barack Obama, Trump, Epstein, ” Stacey Williams, Marion Curtis, Trump Tower Williams, Trump “, , “ Stacey, Love Donald ”, Ally Gutwillinger, Gutwillinger, Lago, ‘ Stacey, Love Donald, , Ghislaine Maxwell, Kamala ”, Harris, E, Jean Carroll, Carroll, Organizations: Sports, Convention, NBC News, Democratic Party, NBC, Guardian, CNN, Woodstock Film, Woodstock Playhouse, Trump Tower, Trump, Fifth, Davidoff Locations: Florida, Manhattan, New York, Lago, Palm Beach, Fla
She had gone to lunch five days earlier with her fiancé at their local McDonald’s in North Platte, Nebraska. A McDonald’s spokesperson said Wednesday that slivered onions served on the Quarter Pounders were likely to have been responsible for the outbreak. On Thursday, the company said one of its suppliers, Taylor Farms, had provided slivered onions to locations associated with the outbreak. “When you go to a restaurant, you are trusting that the restaurant did everything they could do to make you safe, but in this case, McDonald’s breached that trust,” Simon said. McDonald’s has paused the distribution of slivered onions in the affected areas and temporarily removed the Quarter Pounder from affected restaurants.
Persons: Clarissa DeBock, , , DeBock, ” DeBock, McDonald’s, Taylor, Ron Simon, Simon, he’s, ” Simon, Joe Erlinger, NBC’s, ” Darin Detwiler, ” Detwiler, Kai, didn’t Organizations: for Disease Control, Prevention, NBC, Associates, McDonald’s, Northeastern University Locations: North Platte , Nebraska, Colorado, McDonald’s USA
One of the patients in the McDonald's outbreak suffered from that condition, known as hemolytic uremic syndrome. Hedberg is also a member of the McDonald's Food Safety Advisory Council, but said he has not worked with the company on its response to the outbreak. The size of the outbreak "would imply widespread undercooking by many different individual McDonald's restaurants" if beef was the culprit, according to Hedberg. For example, rival Wendy's dealt with its own link to an E. coli outbreak two years ago. However, that transparency means more media coverage, which reminds consumers about the crisis and risks scaring them away from McDonald's restaurants.
Persons: Michael M, Taylor, it's, spokespeople, McDonald's, Thomas Jaenisch, There's, Xiang Yang, Yang, Craig Hedberg, Hedberg, Jaenisch, Wendy's, Eric Gonzalez, Jack, Chipotle, Gonzalez, Joe Erlinger, Erlinger, Jo, Ellen Pozner, Darin Detwiler, Detwiler, Bill Marler, Marler, Clarissa DeBock, Eric Stelly Organizations: Santiago, Getty, for Disease Control, Taylor, Foods, . Foods, McDonald's, CDC, Colorado School of Public Health, University of California, Food Safety Center of Excellence, Food Safety Advisory, Food and Drug Administration, U.S . Department of Agriculture's, Inspection Service, CNBC, Media, USA, Santa Clara University Leavey School of Business, Northeastern University Locations: Flatbush, Brooklyn, New York City, California, Davis, Colorado, U.S, Minnesota, McDonald's U.S, Nebraska, Greeley , Colorado
watch nowTesla and SpaceX CEO Elon Musk has engaged in secret talks with Russian President Vladimir Putin since late 2022, according to reporting published Thursday by The Wall Street Journal. Currently, the SpaceX website says that a "service date is unknown at this time," for Starlink in Taiwan for general customers. Musk and representatives for X, SpaceX and Tesla did not immediately respond to requests for comment. The conversations between Musk and Putin, who once ran the KGB, reportedly occurred as Musk was in the midst of a leveraged buyout and takeover of Twitter. He continued to promote the idea, via X (formerly Twitter) that some Ukraine citizens would prefer to join Russia.
Persons: Elon Musk, Vladimir Putin, Putin, Musk, withold, Xi Jinping, Bill Nelson, Donald Trump's, Donald Trump, Anna Moneymaker, Mike Gallagher, StarShield, Tesla, NASA's, Joe Raedle, Ian Bremmer, Volodymyr Zelenskyy, Sen, Lindsay Graham, Garry Kasparov, Lisi Niesner, Yuri Milner, Dana Rohrabacher, Rohrabacher, Rohrabacher's Organizations: SpaceX, Wall Street, Republican, Pentagon, NASA, Department of Defense, CNBC, ., NBC, X, KGB, Twitter, Polaris, NASA's Kennedy Space Center, Eurasia Group, NATO, Kremlin, Eastern Economic, Reuters, SXSW, Roscosmos, Russian Space Locations: U.S, Russia, Ukraine, Taiwan, Beijing, Washington, Butler , Pennsylvania, China, Starlink, Cape Canaveral , Florida, Crimea, Ukrainian, Sevastopol, Vladivostok, Bakhmut, Donetsk region, Silicon, Russian, Orange County , California, Moscow
German Finance Minister Christian Lindner on Friday warned that if the U.S. kicked off a trade war with the European Union, there could be retaliation. Trade is one of the main pillars of the German economy, suggesting heightened tensions, uncertainty and tariffs would hit the country harder than others. Trade tensions between the U.S. and China, and the EU and China, have been rising throughout the year. Both the U.S. and EU have implemented higher tariffs and on some goods imported from China, citing unfair trade practices. China in turn has also announced higher temporary tariffs on some imports from the EU.
Persons: Christian Lindner, Janet Yellen, Lindner, CNBC's Karen Tso, Donald Trump, it's, Chancellor Olaf Scholz's, Trump Organizations: IMF, World Bank, German, European Union, International Monetary, Washington , D.C, Free Democratic Party, Chancellor Olaf Scholz's Social Democratic Party, U.S, EU, Reuters Locations: Washington , DC, U.S, Washington ,, China, EU, Germany
On Oct. 16, Google announced that it will award $15 million in new grants to two nonprofit organizations: The Partnership for Public Service and InnovateUS. The grants are part of Google.org's $75 million AI Opportunity Fund, an initiative aimed at helping upskill the U.S. workforce. The Partnership for Public Service will receive a $10 million grant to open the Center for Federal AI in the spring of 2025, according to a press release. The center plans to offer a federal artificial intelligence leadership program to help further educate government workers on how to evaluate potential use cases for AI and increase AI literacy. In September, Google also committed to investing $25 million in nonprofits focused on training educators and students around the U.S. on AI literacy and generative AI tools.
Organizations: Google, Public Service, Opportunity Fund, Federal AI Locations: Google.org's
Yen wobbles, vulnerable to political reverberations
  + stars: | 2024-10-25 | by ( ) www.cnbc.com   time to read: +4 min
Japanese yen banknotes of various denominations are arranged for a photograph in Tokyo, Japan, on July 22, 2015. The yen was last 0.1% lower at 152 per dollar and was looking at a 1.5% loss for the week. The yen has fallen roughly 5.5% for the month thus far, setting it up for its worst monthly decline since April 2022. Against the dollar, the euro last bought $1.08225, some distance away from its low of $1.076125 hit earlier this week. The dollar index last ticked up 0.04% to 104.09, after having scaled a roughly three-month high of 104.57 earlier in the week.
Persons: Ray Attrill, Katsunobu Kato, Janet Yellen, Donald Trump, Nick Rees, Sterling Organizations: of Japan's, Treasury, Liberal Democratic Party, LDP, National Australia Bank, country's Finance, FX, Monex, New Zealand Locations: Tokyo, Japan, Japanese, Germany —
Oil prices rose on Friday and are on track for a weekly gain of more than 1%, as tensions in the world's top oil-producing region, the Middle East, and a restart in Gaza ceasefire talks in the coming days kept traders on edge. Both benchmarks settled down 58 cents a barrel in the previous session after prices fluctuated against expectations of heightened or reduced tensions in the Middle East. Oil traders are waiting for Israel's response to a missile attack by Iran on Oct. 1 that may involve hitting Tehran's oil infrastructure and disrupt supplies, although reports said Israel would strike Iranian military, not nuclear or oil, targets. U.S. and Israeli officials are set to restart talks for a ceasefire and the release of hostages in Gaza in the coming days. Ceasefire talks have a small net negative impact on oil prices, Sycamore said, adding the focus is more on the conflict in Lebanon and Israel's potential response to Iran.
Persons: Tony Sycamore, Israel, Antony Blinken, Sycamore Organizations: Brent, West Texas, NPC, East ., U.S Locations: Gaza, East, Iran, United States, Lebanon, France, China
The electricity industry is transforming, according to Morgan Stanley, and multiple power producers, grid operators and utilities are set to benefit. "Global power markets have surprised on multiple fronts, and investors are navigating a new normal in the power value chain," they added. Morgan Stanley's analysts named three overweight-rated global stocks in the electricity sector which they give more than 40% potential upside. RWE RWE : Morgan Stanley notes that the German power giant, which generates and trades electricity, is exposed to "tight electricity markets rewarding flexibility + value creation in renewables in Europe & US." AES Corp. AES Corp.: Morgan Stanley highlighted the company's "expanding renewable portfolio" as a theme to watch.
Persons: Morgan Stanley, Morgan, RWE, — CNBC's Michael Bloom Organizations: Frankfurt Stock Exchange, American Depository, AES Corp, U.S, Global X FTSE, Asia, Malaysian Locations: Asia, Europe, U.S, Nasional Tenaga Nasional, Malaysian, Bursa Malaysia, Malaysia
Investors will contend with earnings results from five of the Magnificent Seven companies next week. .SPX 1M mountain S & P 500 "I sort of refer to this period that we're in right now as like a strange brew," said Mark Malek, investment chief at Siebert. On Friday, the Nasdaq Composite hit an all-time high , but the S & P 500 snapped a six-week win streak. In fact, the high concentration of the mega-cap leaders in the S & P 500 spurred Goldman Sachs' David Kostin this month to release a dim long-term forecast for the overall market. HSBC head of equity strategy Nicole Inui upped her S & P 500 year-end target to 5,900.
Persons: Mark Malek, Siebert, Goldman Sachs, David Kostin, Siebert's Malek, they've, Nicole Inui, Inui, D.R Horton, Price, Eli Lilly, Lauder Organizations: Microsoft, Meta, Apple, Nasdaq, U.S, Treasury, Big Tech, HSBC, FactSet, Richmond Fed, Dallas Fed, Ford, Semiconductor, Caesars Entertainment, Devices, Pfizer, Royal Caribbean Group, PayPal, ADP, Kraft Heinz, Caterpillar, GE Healthcare Technologies, Holdings, ECI Civilian Workers, PCE, PCE Deflator, Chicago PMI, Cruise Line Holdings, Uber Technologies, Lauder Companies, Mastercard, Generac, Jobs, PMI, Manufacturing, Exxon Mobil Locations: U.S, Chicago
A report from travel news site Skift shows that seven major airlines have retreated from the country in the past four months. Longer flights require more fuel, which make flights more expensive. "Indeed U.S. carriers are making hard but very commercial decisions to drop Chinese services and redeploy the aircraft elsewhere," he said. China airlines' struggleLow demand has also plagued domestic airlines in China. Collectively, Chinese airlines have increased capacity to Europe, compared to pre-pandemic, even though the market and trade flows were much stronger then, said Grant.
Persons: Nicola Economou, John Grant, Grant, It's, Finnair, bauer, haven't Organizations: FIA, FI, British Airlines, Qantas, Nurphoto, Getty, Virgin Atlantic, Scandinavian Airlines, Boeing, OAG, EU, Aaronp, Cape Town, U.S, CNBC, Air China Locations: China, Asia, Hong Kong, Ukraine, United Kingdom, Russia, — Tokyo, Shanghai, Seoul, Bangkok, Delhi, Singapore, Thailand, Beijing, Cape, Sydney, Australia's, Melbourne, Brisbane, Perth, Hong Kong . U.S, Russian, U.S, Europe, Frankfurt
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