Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Bubble"


25 mentions found


Peter Thiel made a "contrarian" prediction that the election wouldn't be close. Thiel has a history of making contrarian bets in his investments and business ventures. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementIn September, conservative tech billionaire Peter Thiel made what he acknowledged was an unusual prediction about the 2024 election. My one contrarian view on the election is that it's not going to be close," Thiel said in September at an appearance at the All In Summit in Los Angeles.
Persons: Peter Thiel, Thiel, , it's, aren't, Kamala Harris, Donald Trump, Kamala, Trump, Sen, JD Vance, Blake Masters — Thiel, Elon Musk Organizations: Trump, Service, PayPal, Trump voters, Democratic, Republican Locations: Los Angeles, Ohio, Trump
The 2024 election may have shown the mainstream media is losing its grip on political commentary. AdvertisementThe campaigns in this year's presidential election have shone a light on the waning influence of mainstream media. AdvertisementWhile mainstream media outlets are establishing growing audiences on apps like TikTok, young people still tend to get their news from influencers and non-legacy media accounts. Doug Eldridge, founder of Achilles PR agency, told BI that legacy media outlets will use the election to reassess their next steps. "Much like the dinosaurs, the legacy media will either adapt or become extinct."
Persons: , Brett Spencer, Harris, Trump familiarized, Joe Rogan's, Paul Reilly, Rogan, Trump, Elon Musk, Alex Cooper's, Kamala, Brandon Harris, Edison, There's, Jessica Coen, Jess Rauchberg, Doug Eldridge, Achilles, Eldridge Organizations: Service, City St, University of London, Trump, Newsweek, University of Glasgow, X, Journalism, Creative Media, University of Alabama, Pew Research Center, News Locations: City, City St George's, TikTok
Kostin expects the S&P 500 equal-weighted index and mid-cap stocks to gain from a broadening market. Today, the 10 largest stocks in the S&P 500 make up 36% of the entire index by market capitalization. Related storiesThis gap between the top S&P 500 performers and the rest of the index hasn't occurred since the dot-com bubble. "The evidence is strongly in support of the fact that growth rates for high revenue growth companies tend to fade," he added. For that reason, Kostin is expecting the S&P 500 equal-weight SPW index to outperform the market-cap-weighted S&P 500.
Persons: David Kostin, Kostin, , Goldman Sachs, Kostin isn't, that's, he's Organizations: Service, Big Tech, Intel, Microsoft, Cisco
My friend and I budgeted $10,000 to launch a pickleball paddle company. Our product, pickleball paddles, would be more expensive to produce. Keeping our business money separate from our personal funds seemed like a smart bookkeeping move — and it made us feel more legit. We're working with a product sourcing company, 330 Trading, which helps eCommerce businesses connect with factories to manufacture their product. Between prototypes and a shipment of 20 of our final product paddles (seven of which went to USAP for testing), we've spent about $1,475.
Persons: , I'd, we'd, hemming, hawing, USAP, we've, Kathleen Elkins Organizations: Service, Mercury, Shipping Locations: eCommerce, LA
One way to address election anxiety is to talk about the political system and encourage long-term engagement. Kids as young as 3 can pick up on political divides, Magavi says, so it's important to facilitate open conversation. Brescher Shea teaches her own sons, 4 and 7, how to be engaged citizens by writing to lawmakers, attending rallies, and, of course, thinking about voting. "When talking to kids about politics, we need to be realistic without being depressing," said Brescher Shea. Advertisement"It's important to make sure that we don't place all of our hopes and dreams on the election," Brescher Shea said.
Persons: , Leela Magavi, Magavi, Shannon Brescher Shea, Brescher Shea, Lydia Elle, Elle Organizations: Service Locations: California
Reno Mayor Hillary Schieve says city leaders should cut regulations that stymie construction. AdvertisementThe mayor of Reno, Nevada, argues that the single best thing city leaders can do to help solve one of the country's worst housing shortages is to loosen regulations on housing construction. As mayor, Schieve has celebrated the new jobs and the growth of arts and culture in Reno and its surroundings. Under Schieve, Reno has loosened some of its regulations by allowing for more density, reducing parking requirements, and cutting fees. Schieve, the former chairwoman of the US Conference of Mayors, said Reno's rules regarding affordable housing construction are relatively lenient.
Persons: Hillary Schieve, , There's, Schieve, Alex Horowitz, Tesla, she's, Joe Biden, Biden, Adrianne Todman, Donald Trump's, We've, we've, Vance, That's, Trump, Kamala Harris Organizations: Reno, Service, Apple, US, of Mayors, White Locations: Nevada, Reno , Nevada, Reno, Las Vegas
The S&P 500 enjoyed a compound annual growth rate of 12.1% from Trump’s surprise election in November 2016 through Biden’s 2020 victory, according to CFRA. “The Trump market was so strong because of a combination of very low inflation, very low interest rates and tax cuts,” said Stovall. The S&P 500’s growth rate under Democrats is 10% compared with 6.7% under Republicans, according to CFRA. In those six years since 1945, where such a dynamic has been in place, the S&P 500 has enjoyed a sizzling growth rate of 16.8%. In fact, the market has generally performed better during times of higher, not lower, tax rates across changes in all three categories, BMO found.
Persons: Donald Trump, Joe Biden, ” Trump, Biden, Sam Stovall, Stovall, Bill Clinton, Kamala Harris, “ Biden, ” Stovall, Trump, Clinton, , , Barack Obama, Hillary Clinton, CFRA, ” Brian Belski, Richard M, Nixon, George W, Bush, . Bush, , Richard Nixon, Bush –, ” Belski, Gridlock, Harris, BMO’s Belski Organizations: New, New York CNN, Biden’s, CFRA Research, Biden, Trump, Wall, , Democrats, Republicans, Gross, Democratic, BMO Capital Markets, Clinton, Congress, Investors, Republican, White, BMO Locations: New York
Voyager 1 is now using a radio transmitter it hasn’t relied on since 1981 to stay in contact with its team on Earth while engineers work to understand what went wrong. NASA's Voyager 1 spacecraft is depicted in this artist's concept traveling through interstellar space, or the space between stars, which it entered in 2012. Voyager 1 has been using one of its two radio transmitters, called an X-band based on the frequency it utilizes, for decades. In the meantime, engineers sent a message to Voyager 1 on October 22 to check that the S-band transmitter was working and received confirmation on October 24. “The S-band signal is too weak to use long term,” Waggoner said.
Persons: Bruce Waggoner, hasn’t, Waggoner, it’s, ” Waggoner Organizations: CNN, NASA, JPL, Caltech, Jet Propulsion Laboratory, Space, Network, Engineers, Space Network Locations: Pasadena , California
Peloton announced that Ford executive Peter Stern will join the company as its new CEO. The fitness company is betting Stern can help turn things around. He's expected to focus on trimming spending and retaining current Peloton subscribers. Peloton announced in May 2024 that CEO Barry McCarthy would be stepping down. McCarthy's departure came as the fitness company announced it was cutting around 15% of its workforce.
Persons: Peter Stern, Stern, , Simeon Siegel, Neil Saunders, Saunders, Siegel, Scott Markman, Barry McCarthy, Everest Organizations: Ford, Service, Capital Markets, GlobalData, Apple
An eighth-inning rally capped by sacrifice flies by second baseman Gavin Lux and outfielder Mookie Betts put the Dodgers in front. This title, the eighth in franchise history, can stand beside the Dodgers’ trophy from the pandemic-shortened season in 2020. The precedent feels preposterous until you consider the current Dodgers who will one day join them in the Hall of Fame. “Mark,” he told Freeman, “wants to win really bad.” That desire became clear to Ohtani when he met with the Dodgers. After Freeman launched his grand, Gibsonian walkoff in Game 1 against the Yankees, the Dodgers got the job done.
Persons: Walker Buehler, Buehler, Tommy John, Freddie Freeman, Gerrit Cole, Blake Treinen, Gavin Lux, Mookie Betts, Figueroa, Ohtani, Yoshinobu Yamamoto, Dave Roberts, Andrew Friedman, ’ ” Friedman, Jackie Robinson, Sandy Koufax, Don Drysdale, Duke Snider, Roy Campanella, Pee Wee Reese, Roberts, Friedman, Mark Walter, Frank McCourt, Walter’s, Walter, Stan Kasten, Kasten, ” Kasten, Justin Turner, Joc Pederson, gaffes, Trevor Bauer, groused, Max Scherzer, Jake Cronenworth, Lance Lynn, Eddie Rosario, “ We’ve, ” Roberts, “ That’s, Yamamoto, Freeman, “ Mark, , , Tyler Glasnow, Teoscar Hernández, Ippei Mizuhara, Betts, Glasnow, , Max Muncy, “ We’re, ” Muncy, Yu Darvish, Gibsonian, Jack Flaherty, Cole, Aaron Judge, Anthony Volpe, Hernández, Alex Vesia, Graterol, Juan Soto, Soto, Giancarlo Stanton lofted, Flaherty, Treinen toiled, Daniel Hudson, Treinen, Jazz Chisholm, Treinen steeled, Stanton, Anthony Rizzo, Volpe, Wells, Alex Verdugo, Elsa, Getty Organizations: New York Yankees, Los Angeles Dodgers, Dodgers, Yankee, homering, Yankees, Dodger, Boys, of Fame, Walter’s Guggenheim Baseball Management, Atlanta Braves, Washington Nationals, National League West, Tampa Bay Rays, American League East, , Houston Astros, Boston Red Sox, Hall of Fame, Navy, National League, Arizona Diamondbacks, Athletic, Diamondbacks, San Diego Padres, of Famers, Padres, New, Yankees miscues, Buehler Locations: Brooklyn, Southern California, Cooperstown, West, Arlington , Texas, Los Angeles, , Arizona, Atlanta, Lux, Treinen
One week before Election Day, Democrats are spending big to target swing-state voters in nail salons, lifestyle magazines and shopping malls — all places where they might normally seek to escape the news. Zoom In Icon Arrows pointing outwards A DNC advertisement. Zoom In Icon Arrows pointing outwards A DNC advertisement. Zoom In Icon Arrows pointing outwards A DNC advertisement. Zoom In Icon Arrows pointing outwards A DNC advertisement.
Persons: Kamala Harris, Kevin Lamarque, Winfrey's, Donald Trump, Trump, Monica Guardiola Organizations: Democratic, U.S, Democratic National Convention, United Center, Democratic National, Women's, Republican, DNC, Teen Vogue, Spotify, iHeart Media, Keystone State, Vogue Locations: Chicago , Illinois, U.S, Pennsylvania, Keystone
AdvertisementBehind the booming appetite for new smells is Gen Z. AdvertisementIf there's one thing Gen Z loves, it's a name for something. Under the handle @juliaperfumery, she shares perfume reviews for her primarily Gen Z audience against the backdrop of her New York City apartment's perfume closet. "If there's one thing Gen Z loves, it's a name for something," O'Toole says. There are back-to-school scents, scents to win your ex back, scents to smell like Vanessa Paradis in Paris in the '90s — the list goes on.
Persons: Julia Dovgal, douse, mother's Chanel, Dior, Jo Malone's, Wood, Dovgal, She's, Circana, Gen Zers, Gen Xers, It's, Piper Sandler, Valentino, Jean Paul Gaultier, Maison Francis Kurkdjian's, TikTok, Phlur, , it's, Juliette, Emelia O'Toole, There's, O'Toole, We've, Vanessa Paradis, Piper, Cathrine Jansson, Boyd, " Jansson, Gen Z, Chanel, Marilyn Monroe, Catherine Deneuve, Nicole Kidman, isn't, Gris Charnel, Jansson, Bella, Susan Wai Hnin, Zers Organizations: Saks, Perfume, Anglia Ruskin University, Urban Outfitters, rockstar Locations: Salt, Bath, New York City, TikTok, New York, Paris, London
Nick Cannon recently opened up about feeling insecure during his six-year marriage to Mariah Carey. AdvertisementDuring their six-year marriage, Nick Cannon said he knew what people were thinking: "The kid from Nickelodeon is with Mariah Carey?" As a child star on Nickelodeon's "All That" and its spin-off "The Nick Cannon Show," Cannon was an avowed fan of Carey, who's 11 years his senior. Cannon praised Carey for being "understanding" and "evolved," even while he was struggling with his identity and career. Cannon is far from the only man who's admitted to being jealous of his wife's financial status.
Persons: Nick Cannon, Mariah Carey, Cannon, , Ray Daniels, Carey, who's, Daniels, — she's, Singer, hasn't, She's, I'm, Mauricio Santana, Jenna Birch, outperforms, Kate Ratliff, they're Organizations: Service, Nickelodeon, VH1, Billboard, The New York Times, Def, Social Psychology, American Psychological Association, University of Florida Locations: Monroe, Sao Paulo, Brazil
Big Tech stocks have a high earnings bar to clear
  + stars: | 2024-10-29 | by ( Fred Imbert | ) www.cnbc.com   time to read: +2 min
Overall S & P 500 profit growth is tracking below what analysts anticipated heading into the reporting period. Still, the S & P 500 is less than 1% below a record high reached earlier this month. Solita Marcelli, UBS Global Wealth Management chief investment officer for the Americas, also warned that high valuations could be a problem for megacap tech stocks as earnings roll out. Technical patterns based on price charts aren't too favorable, either, heading into megacap tech earnings. The Technology Select Sector SPDR Fund (XLK) in June hit its highest level relative to the S & P 500 since March 2000 , when the dot-com bubble peaked.
Persons: Solita Marcelli, Marcelli, Wells Fargo Organizations: Google, Microsoft, Apple, Nasdaq, UBS Global Wealth Management, Netflix Locations: Americas
What is the key to human happiness? That's one of life's biggest questions and Ron Gutman has dedicated a big part of his career to learning more about the topic. In his quest to learn more about human happiness, he decided to conduct some real-world research. Ron Gutman with local spiritual and religious leader, Khedrupchen Rinpoche, during his October 2024 trip in Bhutan. The key to happiness: simplicitySo, what is the key to human happiness?
Persons: Ron Gutman, Gutman, Khedrupchen Rinpoche, Gutman trekked, Bhutan's, Jigme Singye Wangchuck, King Jigme Khesar Namgyel Organizations: TED, Gross, OECD, CNBC, aha Locations: Kingdom of Bhutan, Bhutan, Bhutan The Kingdom, India, China, King, Paro, There's
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Trump accuses Taiwan of stealing businessFormer U.S. President Donald Trump accused Taiwan of stealing the country's chip business, he said on "The Joe Rogan Experience" podcast. Bernstein analyst Stacy Rasgon told CNBC the idea of Taiwan stealing the U.S.'s chip industry is "ridiculous." [PRO] Tech might be in trouble, chart showsThe bursting of the 2000 dot-com bubble was one of the worst moments ever for tech stocks.
Persons: Thomas Schäfer, Trump, Donald Trump, Joe Rogan, Bernstein, Stacy Rasgon Organizations: CNBC, Big Tech, Philips, Volkswagen, U.S, New York Stock Exchange, bourse, Intercontinental Exchange, Tech, Wolfe Research Locations: New York City, China, Germany, Taiwan
Tech stocks could be in for a reckoning, this chart shows
  + stars: | 2024-10-28 | by ( Fred Imbert | ) www.cnbc.com   time to read: +2 min
Since then, the XLK is down 6% relative to the broad market index. "The level it peaked at almost exactly coincides with where the Tech ETF peaked on a relative basis in 2000. Not exactly what you want to see if you're an investor putting new money to work within Tech," he wrote. The SMH closed Friday at $252.96, and the strategist expects the $233 level to be tested near term. "We still exercise some degree of caution when we view Technology stocks, as short term trends and near-term momentum appear to be stalling," O'Hara wrote.
Persons: Wolfe, Rob Ginsberg, Ginsberg, Roth MKM, JC O'Hara, O'Hara, Wells Organizations: Wolfe Research, Tech ETF, VanEck Semiconductor, Nasdaq, Dow Jones, Microsoft, Apple Locations: Wells Fargo
This is the first in a five-part series about the impact both Trump and Harris presidencies could have on US consumers. To date, Trump and Harris have outlined specific policy proposals that will impact different parts of the stock market. The guide covers four specific asset classes, and is divided between the Trump and Harris impact on each. Advertisement"Our upbeat projections for the stock market in 2024 and 2025 are predicated on a view that hype over AI will continue to fuel a stock market bubble," the research firm said. And since presidential actions usually impact rates, the bond market will be shaped by what either Trump or Harris end up doing.
Persons: Harris, , Donald Trump, Kamala Harris, Today's, they're, BofA, It's, Financials, Trump's, Trump, Peter Berezin, Joe Biden's, Bonds, Crypto, Bernstein, Gautam Chhugani, bitcoin, Chhugani, Harris Harris, she's, I'm, Larry Fink, Biden, it's Organizations: Trump, Service, Business, Wall, Bank of America, Allies, Foundation, BCA Research, Harris, Democratic, Economics, Capital, Federal, Harris Capital Economics, Federal Reserve, Bloomberg, bitcoin, BlackRock, Capital Economics, Fed Locations: China
“It makes me excited as one citizen of the nation, too, more than for usual elections,” she said. Going into the election, the Liberal Democrats still commanded the highest level of support, with just over 31 percent of voters endorsing the party in a poll by NHK, the public broadcaster. The Constitutional Democrats received support from less than 10 percent of voters surveyed. Seven disparate opposition parties came together to form a government, but it collapsed within just 11 months. In 2009, the Democratic Party of Japan won in a landslide victory as voters sought to punish the Liberal Democrats for failing to resuscitate the moribund economy.
Persons: , Masako Tanaka, Ishiba, , Organizations: Liberal Democratic, Constitutional Democrats, Nihon, Liberal Democrats, NHK, Democratic Party of Japan Locations: Tokyo
John Hussman warns of poor S&P 500 returns over the next 12 years. Current expectations have the S&P 500 underperforming Treasurys by 9.9% annually over the next 12 years. But valuations are causing skepticism about future market returns among others on Wall Street, even if not to the same degree. Related storiesEarlier this week, Goldman Sachs forecast that the S&P 500 would average 3% annual returns over the next decade. His Strategic Growth Fund is down about 55% since December 2010 and has fallen 16% in the past 12 months.
Persons: John Hussman, , you'll, you'd, Hussman, Hussman's, it's, Goldman Sachs, It's Organizations: Treasurys, Service, Hussman Investment Trust
Until this week’s pullback, the market’s recent performance told a remarkable story. The S&P 500 rose for 37 of the last 51 weeks, matching a record reached in both 1989 and 2004. Political uncertaintyWith polls showing a tight race for the White House, investors have been increasingly on edge about the prospect of former President Donald Trump winning the election. While polls remain effectively dead even, political betting markets have swung in Trump’s favor since the start of this month. Deutsche Bank analysts warn that the recent rally may be difficult to sustain given these historically high valuations.
Persons: Donald Trump, Trump, ” Steven Ricchiuto, Henry Allen, it’s Organizations: New, New York CNN, Dow, Nasdaq, White House, Mizuho Securities, , Deutsche Bank, Apple, Microsoft, Presidential, Federal Locations: New York, Israel
Ashburn, Va. — His alarm buzzes at 4:45 a.m. each morning, but most days Jayden Daniels doesn’t need it. GO DEEPER Jayden Daniels' growth with VR simulation has Commanders embracing mind gamesTerry McLaurin knew after his first practice. Seven games into his career, Jayden Daniels leads the NFL in completion percentage (75.6) and ranks sixth in passer rating (107.0). “Throwing a football for somebody like Jayden Daniels is a very natural thing. They all wanted to know if Jayden Daniels was ready to be a pro.
Persons: Jayden Daniels, He’s, Gibbs Dr, ” Adam Peters, Daniels, Peters, , ” Daniels, ” Peters, didn’t, , Bobby Wagner, Tyler Biadasz, Terry McLaurin, Daniels hadn’t, hadn’t, McLaurin, Jayden, I’ve, Frankie Luvu, Dan Snyder, , Zach Ertz, that’s, Paul Walker, Jurgensen, Michael Vick, something’s, Joe Gibbs, … ” Walker, Rob Abelman, Gibbs, Snyder, Abelman, Jared, doesn’t, Daniels ’, Hope, Ryan Porter, Jay Daniels, he’d, Porter, ” Jay, Jay, ” he’d, “ Dad, ” Jayden, “ I’m, Jay wouldn’t, “ You’re, ” They’d, Joe Montana, “ It’s, Jayden —, Patrick Smith, , “ What’s, ” Porter, He’d, Scott Winters, grandpa, It’d, Herm Edwards, ” Sherman Wilson texted, Wilson, ” Wilson, Bundini Brown, Wilson texted, you’re, Joe Sloan, LSU’s, Malik Nabers, Brian Thomas Jr, wouldn’t, texted Wilson, “ They’ll, Washington QB Michael Penix Jr, I’m, Rich Graessle, Caleb Williams, Dan Quinn, ” Wilson texted, “ We’re, it’s, “ We’ve, ” McLaurin, ” Kliff, Washington’s, , Marcus Mariota, Mariota, ” Sloan, Nothing’s, “ he’s, Cooper Neill Organizations: LSU, NFL, Hall of Fame, , Washington, Philadelphia Eagles, Panthers, Eagles, RFK, Super Bowl, Carolina, NFC, YMCA, , Iowa State, Pop Warner, San Bernardino YMCA, The Cowboys, Cajon, Arizona State, Getty, NCAA, Tigers, Washington QB, QB, Gators, Heisman, Alabama, Bears, NFL evaluators Locations: Ashburn, Va, Washington, Philadelphia, San Bernardino Mountains, Iowa, San Bernardino, Cajon, COVID, Tempe, wasn’t, Baton Rouge, Alabama, New York City, ” Kliff Kingsbury
The final pre-election edition of the closely watched monthly jobs report is set to be published Nov. 1, four days ahead of Election Day. All eyes are now on a handful of states expected to see razor-thin vote margins, likely to be determined by a small but crucial pool of persuadable voters. The exact impact on the jobs report is unclear. The strike, which kicked off in September, has coincided with layoff notices sent to 17,000 workers in Boeing's commercial aviation division. While the Keystone State's unemployment rate climbed by a tenth of a percentage point compared with the September 2023 figure, its latest reading, at 3.4%, marked two straight years below 4%.
Persons: Milton —, Boeing machinists, Goldman Sachs, , Goldman, Helene, Trump Organizations: Boeing, of Labor Statistics, Nomura Holdings, Nomura, BLS, Electoral College, Keystone, Democratic, Republican Locations: U.S, Milton, North Carolina, Georgia, Arizona, Wisconsin, Pennsylvania
This, despite the fact that younger investors were more optimistic about the economy, their incomes, their living situations, and their investments. Millennial investors have been deeply scarred by two life-changing crises in their young lives. But if you look at hard numbers from the Federal Reserve about what millennial investors actually own, you can see that this stereotype is misguided. When you compare millennials' cash levels with Gen X's cash levels at the same age, though, the risk aversion becomes clear. But when it comes to younger investors, I think the scars run deeper than worries about a coming downturn.
Persons: Cash, it's, millennials, Gen Xers, boomers, There's, would've, you'd Organizations: Bank of, Federal Reserve, University of Michigan, Occupy, Dow, Netflix Locations: eToro, United States, YOLO
Investors should beware of a contested US election, BlackRock's Jean Boivin told Bloomberg TV on Thursday. AdvertisementInvestors are dismissing the risk of a disputed US election, BlackRock Investment Institute head Jean Boivin told Bloomberg TV on Thursday. Recent battleground state polling shows a race too close to call with the election less than two weeks away. Other market strategists have echoed in recent weeks Boivin's concern over what an election dispute would mean for markets. Meanwhile, stocks rose during Trump's election dispute in 2020, likely due to signs that the COVID-19 pandemic was ending.
Persons: BlackRock's Jean Boivin, , Jean Boivin, Boivin, Donald Trump, Kamala Harris, hasn't, Morgan Stanley, Brian Gardner, George W, Bush, Al Gore, Gardner Organizations: Bloomberg, Service, BlackRock Investment Institute, Trump, Republican Locations: Washington
Total: 25