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Read previewFrench President Emmanuel Macron shocked the world on Sunday by calling a snap election in France. The move came after a big win for his rival Marine Le Pen's National Rally party at the European parliamentary elections. AdvertisementHowever, the snap election could likely end the current coalition, which comprises Macron's party, Renaissance, the Democratic Movement, Horizons, En commun, and the Progressive Federation. Macron may have to form a cohabitation government with a prime minister from an opposition party, such as the National Party or Les Republicains. AdvertisementRepresentatives for President Macron did not immediately respond to a request for comment.
Persons: , Emmanuel Macron, There's, Daniel Hamilton, Johns Hopkins University SAIS, France's, Macron, I've, Pen, Alain Duhamel, Bruno Cautrès, Antonio Barroso Organizations: Service, Business, Foreign, Institute, Johns Hopkins University, CNBC, Guardian, Cac, Financial Times, Democratic Movement, Progressive Federation, National Party, Sciences Po Locations: France, Paris
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStock market appears strong and nothing 'screams' overbought, says SoFi's Liz YoungLiz Young, SoFi, joins 'Closing Bell' to discuss the bull rally's staying power, the bond market, and her market outlook.
Persons: SoFi's Liz Young Liz Young Organizations: Email
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with SoFi's Liz Young, NB Private’s Shannon Saccocia and Crossmark’s Victoria FernandezSoFi's Liz Young, NB Private’s Shannon Saccocia and Crossmark’s Victoria Fernandez join 'Closing Bell' to discuss the bull rally's staying power, the bond market, and their market outlook.
Persons: SoFi's Liz Young, Shannon Saccocia, Victoria Fernandez, Liz Young
The information for the following product(s) has been collected independently by Business Insider: Wyndham Rewards® Earner Plus Card, Wyndham Rewards® Earner Card, Wyndham Rewards® Earner Business Card, Capital One Spark Miles for Business†, Capital One Spark Miles Select for Business†. Introduction to Wyndham RewardsWhile it's often overshadowed by bigger and flashier hotel loyalty programs, Wyndham Rewards deserves some attention, too. How to join Wyndham Rewards and start earning points and elite statusTravelers can enroll in Wyndham Rewards for free, and automatically receive free Wi-Fi during stays. Earning Wyndham pointsThere are myriad ways to accumulate Wyndham points, beginning with the most obvious option: Hotel stays through Wyndham. Wyndham Rewards frequently asked questionsHow can I earn Wyndham Rewards points without staying at a hotel?
Persons: Wyndham, Howard Johnson, gofree Wyndham, Cardholders, cardholders, Wyndham Timeshare, you'll, it's, Wyndham Rewards, redemptions, Maui Oceanfront, Redemptions, Eric Rosen Eric Rosen, Condé Organizations: Business, Wyndham Rewards, Wyndham, Business †, Vacasa, Read, Wyndham Grand, Ramada, Marriott Bonvoy, Hilton, Diamond, Base, Caesars Entertainment, Walmart, Target, Avis, Caesars, Staples, Lowes, Apple, Marathon Gas, Wyndham Hotels, Club Wyndham, Caesars Rewards, Costco, National Parks Conservation Association, National Geographic, Bloomberg Locations: AmericInn, La, Travelodge, North America, Belize, Costa Rica, Wyndham, Paris, Las Vegas, Macy's, Grubhub, Waikiki, Oahu, Kona, Hai Villas, Kauai, Chevron, Los Angeles, Australia, Kenya, Laos
AdvertisementThe unprecedented criminal trial of a former US president has delivered several stunning moments so far. Jurors get a peek at the 34 records at the heart of the caseTwo weeks into Trump's trial, jurors finally saw the paperwork at the heart of the matter. A courtroom sketch of Stormy Daniels on the witness stand in Donald Trump's hush-money trial. On the stand, Daniels said Trump told her she reminded him of his daughter, commenting on her blond hair and beauty. Trump's legal team requested a mistrial on the basis of Daniel's testimony.
Persons: , Donald Trump, Trump, Stormy Daniels, Michael Cohen —, Hope Hicks, Cohen, Daniels, Hicks, Andrew Harnik, Jeffrey McConney, Deborah Tarassoff —, Alvin Bragg, Stephanie Clifford, Donald Trump's, Jane Rosenberg, Juan Merchan, audibly, Merchan, Judge Merchan, MARK PETERSON, Donald, Von ShitzInPantz, Todd Blanche, Joe Biden, Blanche, Cohen's Organizations: Service, Business, White House, Trump, White House Communications, AP, Trump Organization, Prosecutors, Reuters, Truth, Manhattan Criminal, Getty Locations: Manhattan, Lake Tahoe, New York City
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEarnings are the biggest driver of stocks, says Citi's Kristen BitterlyKristen Bitterly, head of investment solutions at Citi Global Wealth, joins 'Closing Bell' to discuss the market rally's staying power, earnings power, and more.
Persons: Citi's Kristen, Kristen Organizations: Citi Global Wealth
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Citi's Kristen Bitterly, Virtus’ Joe Terranova and Merrill’s Chris HyzyCiti's Kristen Bitterly, Virtus' Joe Terranova, and Merrill's Chris Hyzy join 'Closing Bell' to discuss the market rally's staying power, earnings power, and more.
Persons: Citi's Kristen, Virtus ’ Joe Terranova, Merrill’s Chris Hyzy Citi's Kristen, Virtus, Joe Terranova, Chris Hyzy Organizations: Virtus ’
The three companies collectively operate 75 U.S. casinos that permit indoor smoking, where state law allows. States like Nevada and New Jersey have prohibited indoor smoking more broadly, but carved out exceptions for casinos. Legislation to end indoor smoking at casinos is in various stages in several states across the country, including New Jersey, Pennsylvania and Rhode Island. Advocates for smoking bans point to research by C3 Gaming that concluded smoke-free casinos generate more revenue and outperform competitors that allow smoking. In Las Vegas, MGM Resorts opened the first casino resort on the Strip to prohibit indoor smoking and even smoking on the pool deck.
Persons: Boyd, Bally's, it's, Jan Jones Blackhurst, we've, Marc Oppenheimer, we're, it'll Organizations: Boyd Gaming, Bally's Entertainment, Caesars Entertainment, Trinity Health, Nonsmokers, Rights Foundation, Trinity, Caesars, The Securities, Exchange Commission, C3 Gaming, SBC, North, United Auto Workers, Disease Control, U.S, CNBC, Las Vegas, MGM Resorts, MGM Locations: Livonia , Michigan, Bally's, U.S, Nevada, New Jersey, New Jersey , Pennsylvania, Rhode Island, North America, United States, Pennsylvania, Bensalem, Philadelphia, Las
I went to a new Checkers near me shortly after it opened to try the chain for the first time. AdvertisementFast food isn't my first meal choice, but it comes in handy when I'm on the go. When a Checkers opened near me recently, I knew I had to try it out. Fast food is getting more expensive nowadays, so I'm always looking for the best value. I was excited to see if Checkers was worth including in my rotation.
Persons: , I'd Organizations: Service, Checkers
"One of the things we know about the brain and memory is that 'use it or lose it' absolutely applies," she tells CNBC Make It. "If you tend to always rely on Google to remember a particular fact, for example, and don't 'use' your brain to remember it, your brain gets very good at not remembering it." If you tend to always rely on Google to remember a particular fact ... your brain gets very good at not remembering it. Here are three simple steps you can take to wean yourself of Google and improve your recall. "Even if this doesn't work at first, and you end up having to Google it anyway, you will slowly strengthen your memory pathways and improve your recall," she says.
Persons: I've, Cynthia Borja, Borja, It's, Bill Gates Organizations: CNBC, Google
NYC restaurateur Keith McNally insulted Lauren Sánchez in an apparently unprompted Instagram post. And his latest target is Lauren Sánchez, the fiancée of one of the most powerful people in the world, Jeff Bezos. McNally, who owns more than a dozen restaurants including NYC's famed Balthazar, wrote a seemingly out-of-the-blue Instagram post attacking Sánchez and Bezos on Monday. Chrissy Teigen commented on McNally's post, writing, "She's actually incredibly dynamic, accomplished and kind, and everyone who knows her would say the same." If his edited-down post is any indication, McNally sure learned the hard way not to mess with Sánchez, or her famous friends.
Persons: Keith McNally, Lauren Sánchez, Jeff Bezos, He's, James Corden, Adele, Instagram, , who's, Sánchez, McNally, Balthazar, Bezos, — Lauren Sanchez —, Sanchez, MacKenzie Scott, Chrissy Teigen, She's, Jessica Seinfeld, Jerry Seinfeld, Lauren, Stephanie Ruhle, Rachel Zoe, Corden, Corden's, Megastar Adele Organizations: Service, MSNBC, Independent, Representatives, New York Times
The result was a 1.5-percent weekly drop in the S & P 500 , with Friday's setback exacerbated at least somewhat by a collective clenching-up of risk markets on some geopolitical worry. This dynamic hasn't been reversed, but the signal has grown a bit staticky, draining some conviction from the macro bullish case with the S & P 500 still 24% above the October low. Bull market's backdrop First, it's a bull market, and not a particularly mature or excessively generous one yet. Yet both stocks are still outperforming the S & P this year. The S & P 500 closed Friday at exactly the same level of five weeks earlier, on March 8 – which was perhaps the moment of maximum investor confidence in the "we can have it all" thesis.
Persons: I've, Jerome Powell, Powell, Wall, it's, We're, John Butters, Fastenal, Scott Chronert Organizations: Federal, ICE, Treasury, CPI, Fed, Grainger, Citi
US Navy Secretary Carlos Del Toro said he was "floored" at South Korea's shipbuilding abilities. A recent review found that the US Navy's top shipbuilding programs are heavily delayed by years. Del Toro and other Navy officials addressed US shipbuilding problems in a budget hearing this week. US Navy Secretary Carlo Del Toro visiting a South Korean shipyard in February 2024. Nick Guertin, the Navy acquisition executive, the Navy review "identified major initiatives to drive improvement that we plan to pursue."
Persons: Carlos Del Toro, Del Toro, , Navy Carlos Del Toro, Carlo Del Toro, US Navy Del Toro, Jeffrey L, Seavy, Nick Guertin Organizations: Service, Navy, Ford, Air Space, US, South, US Navy, US Marine Corps, US Naval Institute, United Nations Conference, Trade Locations: Pacific, South Korea, South Korean, South, China, Japan
BlackBerry — BlackBerry shares popped more than 9% after the company announced a partnership with Advanced Micro Devices on robotics systems. Neogen Corp — The food safety stock shed 9% after the company reported a surprise loss of 1 cent per share. The company also trimmed its previous guidance, saying it now expects revenue to range between $920 million and $910 million for the full year. Norfolk Southern announced that it reached a $600 million settlement related to its derailment in East Palestine. Nvidia — Shares fell more than 2%, putting the chipmaker on track for its fifth losing session in six.
Persons: Tilray, FactSet, Goldman Sachs, Molson Coors, Molson, — CNBC's Michelle Fox, Sarah Min, Pia Singh, Yun Li Organizations: Moderna, Reuters, Merck, Boeing, New York Times, Google, American Eagle Outfitters, JPMorgan, Eagle Outfitters, Bank of America, EV, Molson, Pfizer, Neogen Corp, Norfolk Southern, Nvidia —, Netflix Locations: East Palestine
Meanwhile, Wells Fargo called for 20% upside for Meta Platforms and raised one of its estimates for the company's ad sales. Despite those positive trends, the new price target from KBW is still below the stock's closing level on Tuesday of $245.84. — Jesse Pound 5:53 a.m.: Redburn Atlantic upgrades UPS UPS could be in for strong gains after a slow start to the year, according to Redburn Atlantic. Analyst Oliver Holmes upgraded the package delivery giant to buy, raising its price target to $180. "We believe UPS is at, or close to, trough revenue, volume, margin and share price levels," Holmes wrote to clients.
Persons: Wells, Tesla, Gary Mobley, Wolfspeed, Mobley, Wells Fargo, — Jesse Pound, Ronald Jewsikow, Guggenheim, Jewsikow, Richard Shane, Shane, Coinbase, Keefe, Kyle Voigt, Voigt, Ken Gawrelski, Gawrelski, Oliver Holmes, Holmes, Fred Imbert, ~ ~ . Organizations: CNBC, Wednesday, UPS, Hyundai, Guggenheim, JPMorgan, ADV, SEC, Meta, Wall, ~$ Locations: Wells Fargo, 4Q23 ., Tuesday's
In this article BALY Follow your favorite stocks CREATE FREE ACCOUNTAn exterior view shows the Tropicana Las Vegas at dusk on March 29, 2024 in Las Vegas, Nevada. David Becker | Getty ImagesAs the famous Tropicana in Las Vegas closes its doors Tuesday, its operator Bally's Corporation is facing its own existential battle. Standard General owns about 23% of Bally's stock, it said last month. An exterior view shows the Tropicana Las Vegas on March 29, 2024, in Las Vegas, Nevada. Bally's market cap stands at little more than half a billion dollars.
Persons: David Becker, Soo Kim, Kim, it's, Dan Fetters, Edward King, Fetters, King, Bally's, It's, George Rose, Chris Grove, Jim Murren, Jess Golden Organizations: Tropicana, Getty, Bally's, Standard, Growth Capital, Las, Trump, Tahoe, Chicago, Major League Baseball's Athletics, Leisure Properties, New, Acies, MGM Resorts International, CNBC Locations: Las Vegas , Nevada, Las Vegas, New York City, Stateline , Nevada, Seminole, Florida, Nevada, Oakland, Vegas
Russian President Vladimir Putin (L) and Belarussian President Alexander Lukashenko (R) enter the hall during the plenary session of the Supreme Council of Russia and Belarus, at the Konstantin Palace on January 29, 2024, in Saint Petersburg, Russia. Belarus began military drills on Tuesday in regions along its border with Ukraine, together with European Union nations Lithuania and Poland, the Russian ally's defense ministry said. Russia and Ukraine meanwhile continued to exchange drone strikes in recent days, with Russia on Monday night targeting energy facilities in raids on the Dnipropetrovsk and Kirovograd regions, Ukraine's Operational Command "South" said on Facebook. The head of Ukraine's national grid company said on Monday that while Russian drone attacks have significantly damaged the Ukrainian power system, a total collapse is unlikely. Ukrainian President Volodymyr Zelenskyy held talks on Monday with military and government officials over Kyiv's drone production plans and a project to build an "integrated electronic warfare control system" to protect Ukrainian troops from Russian drone attacks.
Persons: Vladimir Putin, Alexander Lukashenko, Konstantin, Volodymyr Zelenskyy Organizations: Supreme, of, European Union, Command, Facebook Locations: of Russia, Belarus, Saint Petersburg, Russia, Ukraine, Lithuania, Poland, Russian, Gomel, Grodno, Dnipropetrovsk, Kirovograd
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSolus' Dan Greenhaus on markets: Rally won't be predicated on Fed cutsDan Greenhaus, Solus Alternative Asset Management chief strategist, joins 'Closing Bell' to discuss if the rally's momentum is waning, the market's ability to grow despite growth in tech, and if the market's in for a pullback.
Persons: Dan Greenhaus Organizations: Asset Management
The UN passed a vote calling for a ceasefire in Gaza, with the US abstaining for the first time. AdvertisementThe divide between the US and Israel is deepening after the United Nations passed a ceasefire vote, a first for the international body after multiple failed attempts. Tensions began to boil over Sunday night, when Netanyahu publicly threatened to cancel the White House meetings before the UN vote, demanding the US veto the ceasefire resolution. Later the next morning, the UN Security Council passed the resolution, calling for an "immediate ceasefire" in Gaza. Israel continues to deploy soldiers, tanks and armored vehicles near the Gaza border in Sderot, Israel on October 14, 2023.
Persons: Netanyahu, , Benjamin Netanyahu, Joe Biden, Mostafa Alkharouf, John Kirby, Kirby, we've, Kamala Harris, Israel, Biden, they've Organizations: UN, Biden, Service, United Nations, White, UN Security, Washington DC, GPO, Getty, UN Security Council, US, Security, US National Security, AFP, Hamas Locations: Gaza, Israel, Rafah, Israeli, Tel Aviv, Anadolu, United States, China, Russia, Sderot, Washington
Just because the current valuation backdrop isn't as extreme as 1999-2000, we are still in a market bubble, and valuations are even more stretched today than they were at the market peaks in 2007, 1990, and 1980." Rosenberg ResearchSecond, the S&P 500 is outperforming the HYG/TLT Ratio. AdvertisementRosenberg ResearchAnd third, even tech stocks, which have been overwhelmingly supporting the S&P 500, appear to be running out of gas, Rosenberg said. The same goes for Paul Dietrich, the chief strategist at B. Riley Wealth, who says the S&P 500 could fall 49% when the current bubble pops. The bull market has thrown egg onto their faces again and again: since the October 2022 lows, the S&P 500 is up a whopping 42%.
Persons: , David Rosenberg isn't, Merrill Lynch, Rosenberg, he's, manias, HYG, Michael Hartnett, Jeremy Grantham, Paul Dietrich, Riley Wealth, Dietrich, Grantham, Carol Schleif Organizations: Service, Rosenberg Research, Business, Equity Model, Dow Jones, Dow Transports Index, Bank of America's, Bank, America, BMO Family Office
Look no further than the close and historically complicated relationship that American presidents and congressional leaders have negotiated with Israel leaders over the last 75 years. Obama declined to invite Netanyahu to the White House during the visit, with White House officials saying that holding such a visit so close to Israel's election would be inappropriate. The standard Obama set for a White House visit wasn't one Bill Clinton subscribed to years earlier. The bigger the ally's economy, the less likely American leaders are to meddle openly in its elections. “There are moments when American leaders want to and need to speak out and have their say.
Persons: Chuck Schumer, Benjamin Netanyahu's, Mitch McConnell, Schumer, , Mike Johnson, Benny Gantz, Netanyahu, Schumer's, Netanyahu —, , , Aaron David Miller, Donald Trump, John Boehner, Boehner, Barack Obama's, Obama, wasn't, Bill Clinton, Clinton, Shimon Peres, Peres, Edward Frantz, meddle, ” Frantz, November's, Donald Tusk, Tusk, Andrzej Duda, Johnson, Biden, Viktor Orbán, Orbán, Trump, David Pressman, Jake Sullivan, ” Sullivan, Dwight Eisenhower, Ronald Reagan, George H.W, Bush, ” Miller Organizations: WASHINGTON, — Republicans, Democratic, Republican, Israel, Carnegie Endowment, International Peace, U.S, White, Israeli, University of Indianapolis, November's Biden, Trump, NATO, Polish, Biden, Republican House, Hungarian, White House Locations: Gaza, Israel, East, United States, Ukraine, Russia, Hungary, U.S, Hungarian, ” Hungary, Budapest, Sinai, Suez
ATLANTIC CITY, N.J. (AP) — Internet gambling revenue continues to soar in New Jersey, where online casinos are accounting for a growing share of the betting pie: Atlantic City's casinos and their online partners won $182 million in internet bets in February. But the news was not all good: Atlantic City's nine casinos won $211.5 million from in-person gamblers, down 1.6% from a year earlier. Bally's won nearly $19 million, up nearly 5%; Harrah's won $18.7 million, down 11%; Caesars won $16.2 million, down 15.5%; and Resorts won $12.1 million, down 4.3%. In terms of in-person revenue, Borgata won $53.6 million, down 6.7%; Hard Rock won $41.1 million, up 9.6%; Ocean won over $31 million, up over 18%; Harrah's won $18.2 million, down 14.7%; and Tropicana won $16.6 million, down 3.1%. Caesars won $16.4 million, down 13.7%; Resorts won $12.2 million, down 3.6%; Golden Nugget won $11.6 million, up 4:, and Bally's won $10.6 million, down over 13%.
Persons: , Jane Bokunewicz, Bally's, Harrah's, Borgata, Wayne Parry Organizations: CITY, of Gaming Enforcement, Atlantic, Atlantic City, Golden, Ocean, Tropicana, Caesars, Resorts, Resorts Digital, Caesars Interactive Entertainment Locations: N.J, New Jersey, www.twitter.com
Oracle — Shares added 1.6% ahead of the software giant's fiscal third-quarter earnings report due after the bell. Analysts polled by FactSet are expecting earnings per share of $1.38 and revenue of $13.29 billion. New York Community Bancorp — The regional bank stock dropped 4.8%, extending losses after Friday's more than 6% drop. Moderna — The stock jumped more than 8% in midday trading, putting it on track for its biggest one-day gain since December. Duolingo — Shares rose 3.6% after JPMorgan initiated coverage of the online learning platform with an overweight rating, forecasting "premium" revenue growth that could substantially drive up Duolingo's valuation.
Persons: FactSet, Lam, Coinbase, Microstrategy, Jefferies, Eli Lilly, — CNBC's Michelle Fox, Alex Harring, Yun Li, Tanaya Macheel, Pia Singh Organizations: Oracle, Nvidia, Semiconductor, Lam Research, New York Community Bancorp, Moderna, P Biotech, Xcel Energy, Barclays, JPMorgan, PDD Holdings
In today's big story, we're looking at bitcoin's latest rally and what's driving it so high this time around . The milestone comes amid a massive rally for bitcoin over the past month, where its price has surged almost 60%. Business Insider's Phil Rosen has a full rundown on what's pushing bitcoin's price so high this time . SOPA Images / GettyA boon for bitcoin doesn't mean everyone in the space wins. The insider I spoke to said there's no single, agreed-upon narrative for what's driving crypto toward a new peak.
Persons: , you've, Phil Rosen, BlackRock's, Jamie Dimon, there's, Tom Williams, Doom, Roubini, BofA, Li Qiang, headwinds, Mark Zuckerberg's, Andrew Bosworth, Sam Altman's, Altman, Hugo Herrera, Lachlan Murdoch, Nordstrom, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Bitcoin, JPMorgan, Bank of America, Beijing, Apple, Getty, European Commission, Employees, BI, Boomers, Fox, Target Locations: bitcoin, China, Chengdu, Southwest China's Sichuan, New York, London
In addition to the $355 million penalty — payback of what the judge deemed “ill-gotten gains” from his spurious financial statements — Trump is required to pay interest on that amount. James’ office calculates that, to date, Trump owes an additional $98.6 million in interest, bringing his total penalty to $453.5 million. Trump used $170 million of the $375 million to pay off a loan on the property. — $60 million, plus interest, from selling the rights to manage a New York City golf course in June 2023. Trump testified that regardless of what his financial statements said, banks did their own due diligence and would’ve qualified him for the loans anyway.
Persons: Donald Trump, , , Arthur Engoron, Letitia James, who’s, Trump, who's, Friday's, what's, Engoron, James ’, Allen Weisselberg, Jeffrey McConney, — Trump, Eric, Donald Trump Jr, Donald Jr, untethered, ” Trump, Christopher Kise, would’ve, James, Engoron’s, Barbara Jones, Michael Cohen, Cohen, , Forbes, Trump “, ” Engoron, Michael Cohen's Organizations: Republican, Trump, Trump Organization, longtime Trump Organization, TRUMP, New, Deutsche, Trump International Hotel, Waldorf, Bally's Corporation, Trump Organization finance, Division, Democrat Locations: New York, New, Manhattan, Lago, Florida, Miami, Chicago, Washington, New York City, Engoron’s, York, Trump
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