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Season eight is special for another reason — it will premiere on the fifth anniversary of the "Love Is Blind" franchise in February 2025. We have a few months of wait time, but here's everything we know about "Love Is Blind" season eight. Related Video How Guillermo del Toro's 'Pinocchio' created its expressive stop-motion animationThe 'Love Is Blind' season 8 premiere date and location have already been announcedNick Lachey and Vanessa Lachey during the "Love Is Blind" season seven reunion. Related storiesViewers already got a preview of the 'Love Is Blind' season 8 cast"Love Is Blind" season eight stars Alex, Brittany, and Joey in the crowd during the season seven reunion. For the first time ever, Netflix revealed some of the season eight cast members at the season seven reunion.
Persons: Alex, Brittany, Joey —, , It's, Guillermo del Toro's, Nick Lachey, Vanessa Lachey, Joey, Terence Patrick, Paul — Organizations: Service, Netflix, Washington DC Locations: Minneapolis, Washington, Chicago, Japan, Brazil, Minneapolis , Minnesota
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. The 12-month inflation rate was 2.1%. The core inflation rate, which excludes food and energy prices, came in at 2.7%. Big Tech drags down marketsMajor U.S. indexes slumped on Thursday, weighed down heavily by losses in Big Tech shares.
Persons: Dow Jones, Europe's, Jesse Pound Organizations: CNBC, U.S . Commerce Department, Big Tech, U.S, Apple, Amazon, Boeing, Bank of America Locations: U.S, Cupertino
Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The company's recent challenges date back to August, when Super Micro said it would not file its annual report on time with the SEC. Super Micro disclosed on Wednesday that Ernst & Young had resigned as its accounting firm just 17 months after taking over from Deloitte & Touche. That's up from $2.1 billion a year earlier and $1.9 billion in the same fiscal quarter of 2023. WATCH: I don't know if Super Micro is guilty or innocent, says Jim Cramer
Persons: Charles Liang, Dow Jones, Ernst, Young, Ernst & Young, Jim Cramer Organizations: Super, Computer Inc, Super Micro, Nasdaq, U.S, SEC, Hindenburg Research, Street, Department of Justice, Deloitte, Touche, CNBC, Ernst, Argus Research, Justice Department, Micro Locations: Taipei, Taiwan
A state appeals court in New York on Thursday suspended Kenneth Chesebro, who struck a plea deal with prosecutors pursuing the 2020 election interference case against former President Donald Trump, from practicing law there. An attorney for Chesebro did not immediately respond to a request for comment Thursday evening. Some legal groups filed ethics complaints against Chesebro with the New York Supreme Court’s attorney grievance committee in 2022. Chesebro was admitted to practice law in New York in 2007. Jenna Ellis, another Trump attorney, was banned in May from practicing law in Colorado for three years.
Persons: Kenneth Chesebro, Donald Trump, Chesebro, Joe Biden, Trump, Scott Grubman, “ Ken Chesebro, , Michael Teter, Rudy Giuliani, Jenna Ellis Organizations: Trump, Biden, New York, Washington , D.C Locations: New York, Fulton County , Georgia, Fulton County, Georgia, Massachusetts , California , Texas, Florida, Illinois, Washington ,, Colorado
Super Micro is one of the primary vendors for building out Nvidia-based clusters of servers for training and deploying AI models. Super Micro is now at risk of being delisted from the Nasdaq, and has until Nov. 16 to regain compliance with the stock exchange. Ernst & Young was new to the job, having just replaced Deloitte & Touche as Super Micro's accounting firm in March 2023. Since the S&P's announced index changes in March, Super Micro's stock has dropped at least 10% on six separate occasions. — CNBC's Rohan Goswami and Kif Leswing contributed to this report WATCH: Super Micro stock is a 'very risky buy'
Persons: Ernst & Young, Deloitte didn't, hasn't, P's, Dow Jones, Kevin Barry, Barry, , Rohan Goswami, Kif Leswing Organizations: Computer Inc, Bloomberg, Getty, Micro, Nvidia, Ernst, Nasdaq, Mizuho, Deloitte, Touche, CNBC, Ernst & Young, Dell, SEC, Super, Hindenburg Research, Super Micro, U.S, U.S . Super, Whirlpool, P Global Locations: San Jose , California, U.S, That's, U.S .
EY had been hired to audit Super Micro for the first time for the 2024 fiscal year, the company said. Super Micro makes computers that companies use as servers for websites, data storage and other applications, including AI algorithms. Shares of Super Micro, which joined the S&P 500 in March, surged 246% in 2023. EY's concerns were raised prior to a short-seller report that took aim at Super Micro's financial controls and accounting practices. The company hired law firm Cooley and a forensic accounting firm to review Super Micro's internal controls.
Persons: Ernst & Young, Charles Laing, EY, Cooley, Young Organizations: Nvidia, AMD, Intel, Securities and Exchange Commission, Super Micro, Ernst
An Eli Lilly & Co. Zepbound injection pen arranged in the Brooklyn borough of New York, US, on Thursday, March 28, 2024. During an earnings call Wednesday, Eli Lilly instead blamed it on drug wholesalers cutting inventory of Zepbound and Mounjaro. On the earnings call, Eli Lilly executives insisted that underlying demand for the medicines remained strong. No," Eli Lilly CEO Dave Ricks said, pointing instead to "a lot of lumpiness in channel stocking." Ricks said Eli Lilly had yet to begin what the company calls "demand-stimulating activities," or advertising and promoting, for Zepbound.
Persons: Eli Lilly, Mounjaro, StreetAccount ., Geoff Meacham, Jared Holz, Mizuho, Carter Gould, Eli Lilly's, tirzepatide, Dave Ricks, Ricks, Lilly Organizations: U.S, StreetAccount, Citi, Barclays, Food and Drug, FDA Locations: Brooklyn, New York, Lilly
WASHINGTON — The last time Steve Bannon was a free man, Joe Biden was the presumptive Democratic nominee for president. Randilee Giamusso, a Bureau of Prisons spokesperson, confirmed that Bannon was released. U.S. District Judge Carl Nichols — himself a Trump appointee — ordered Bannon in June to report to prison by July 1. Just days after Bannon reported to prison, Biden announced his decision to drop out of the race, and Harris became the Democratic nominee. Peter Navarro, a former White House official, was also convicted of contempt of Congress and served a four-month sentence, as well.
Persons: WASHINGTON, Steve Bannon, Joe Biden, Bannon, Donald Trump, Kamala Harris, Randilee, Carl Nichols —, , Trump’s, , , Bannon “, ” Bannon, Trump, Biden, Harris, Peter Navarro Organizations: Democratic, Prisons, of Prisons, U.S, District, Trump, Justice, NBC News, FCI Danbury, White House, Department, Republican National Convention, RNC Locations: United States, Connecticut
John Turturro declined to return as mobster Carmine Falcone in "The Penguin." AdvertisementJohn Turturro declined to reprise his role as mobster Carmine Falcone in "The Penguin" because the show featured "violence against women." Turturro told Variety he chose not to return to the role because of the violence against women in the HBO series. In the show, there was a lot of violence towards women, and that's not my thing," he said. The depiction of violence against women in film and TV has become under scrutiny in recent years.
Persons: John Turturro, Carmine Falcone, , Matt Reeves, Falcone, Paul Dano, Mark Strong, Turturro, Variety, that's, Selina Kyle, Zoe Kravitz, Annika, Hana Hrzic, Kyle, Robert Pattinson, Lauren LeFranc, doesn't, Strong, it's, Matt, Reeves, Oscar, Jessica Chastain, Quentin Tarantino's, Blake Lively, Lively, Lily Organizations: Service, HBO, BBC News
Mattel, Hasbro lower guidance ahead of holiday season
  + stars: | 2024-10-24 | by ( Kristian Burt | In | ) www.cnbc.com   time to read: +2 min
Mattel and Hasbro decreased their end-of-year guidance ahead of the key holiday season as toy sales continue to slide during the third quarter. The lowered guidance comes before the important holiday season, where softened results could have major effects for retail companies such as Mattel and Hasbro. Hasbro cut 1,100 workers last December after weak sales in 2023 continued into the holiday season, while Mattel was carried through by the success of the "Barbie" movie. Aside from building block sets, Hasbro expects the toy market to continue to see a trend of softened sales into the holiday season. "Our expectation is the holiday season will probably continue that trend.
Persons: Chris Cocks, Cocks Organizations: Walmart, Mattel, Hasbro, LSEG, National Retail Federation Locations: Secaucus , New Jersey, Florida
Pokemon game characters of Japanese video game manufacturer Nintendo are on display on a subway train car in Tokyo, Japan. Asia-Pacific markets mostly rose Tuesday, breaking ranks with major Wall Street benchmarks, while Japanese subway operator Tokyo Metro's stellar market debut boosted investor optimism. The company, one of Japan's leading subway operators and the largest in Tokyo, raised 348.6 billion yen in its initial public offering, the largest IPO in Japan since 2018. The IPO was reportedly 15 times oversubscribed and priced at the top end of its pricing band, offering shares at 1,200 yen apiece. The overall consumer inflation rose 2% from the previous year, compared with the expected 1.9%.
Organizations: Nintendo, Tokyo Metro, Reuters Locations: Tokyo, Japan, Asia, Pacific
Josh Shapiro on Sunday said that tech mogul Elon Musk's plan to give money to registered voters in Pennsylvania is "deeply concerning" and "it's something that law enforcement could take a look at" during an interview on NBC News' "Meet the Press." Elon Musk in Pennsylvania announced that he would give away $1 million per day to a registered voter until Election Day. Chesnot / Getty Images fileQuestions about the legality of these cash payments abounded on Saturday night, as elections law experts pointed to various provisions in federal law that prohibited making cash payments to voters. Musk and a representative for America PAC did not immediately respond to requests for comment on this story. "It seems like if this law is going to be enforced, it needs to be deterred," Hasen said.
Persons: Josh Shapiro, Elon Musk's, Musk, Shapiro, Donald Trump, He's, Elon, Chesnot, Rick Hasen, ” Hasen, Hasen Organizations: NBC, Press, PAC, Democrat, University of California, Democracy, America PAC Locations: Pennsylvania, Los Angeles
Over the past month, the S & P 500 has climbed 3.2% to break above 5,800 for the first time. "Despite all the soft-landing and Fed rate cut optimism, the S & P 500 up almost 40% y/y has simply over-shot," he wrote in a note to clients. "S & P 500 over-valuation has been supported by (and fully reflects) the Fed likely cutting the real funds rate," he added. This summer, he said he expected the S & P 500 to fall to 5,000 by the fourth quarter. While not included in CNBC Pro's Market Strategist Survey , that forecast would mark Stifel as the second lowest among those surveyed.
Persons: Barry Bannister, Stifel, manias, Bannister Organizations: Federal Reserve, CNBC Pro's, Survey, Citi, Cisco Systems
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. Nvidia's numbers aren't a hallucinationNvidia shares rose 2.4% to close at $138.07, a new record for the stock. Data on employment, inflation and economic growth have signaled that the "economy may not be slowing as much as desired," Waller said. [PRO] Small cap strategyMarket wisdom has it that the performance of small-cap stocks will outstrip that of big-cap stocks.
Persons: Dow, it's, Christopher Waller, Waller, Kelly Ortberg, Russell, Bob Pisani Organizations: CNBC, Dow Jones, Dow, Nasdaq, European Central Bank, Nvidia, U.S . Federal, Boeing, P Global
Berlin-based Delivery Hero and Dutch multinational Just Eat Takeaway are two companies at the center of the ruthless online food delivery sector. Over the past decade, Delivery Hero has accumulated net losses of 9.6 billion euros ($10.47 billion) , while Just Eat Takeaway has racked up 7.1 billion euros in losses. Delivery Hero wins? The investment bank is particularly bullish on Delivery Hero, initiating coverage with a "Buy" rating and a price target of 60 euros, implying a potential upside of 60%. Meanwhile, Just Eat Takeaway (TKWY) has a "Hold" rating from Stifel, with a 17% upside potential on the current share price.
Persons: Stifel, Benjamin Kohnke, Uber, Stifel's Kohnke, Kohnke, — CNBC's Michael Bloom Organizations: Investment, Dubai Financial, Deutsche Bank, RBC Locations: Berlin, U.S, Europe, Dubai, Northern Europe
Tokyo Metro's initial public offering could drive momentum in the Japanese market and attract more companies into the country, analysts said, as China continues to lose steam. In Japan's biggest IPO in six years, Tokyo Metro raised 348.6 billion yen ($2.3 billion) after pricing its shares at 1,200 yen apiece, according to the company's regulatory filing on Tuesday. "I think both the Tokyo government as well as the Ministry of Finance, obviously, won't want the IPO to fail." Hyundai India also started taking orders for its $3.3 billion IPO in Mumbai this week, in a deal set to become the country's biggest listing. When asked if he thinks Tokyo Metro and Hyundai India's listings will open the floodgates for more activity, he said, "I do."
Persons: Mio Kato, CNBC's, Kato, Dealogic, Ringo Choi, Choi, — CNBC's Dylan Butts Organizations: Tokyo Metro, Japan's, Reuters, Tokyo Stock Exchange, LightStream, Ministry of Finance, NASDAQ, Hyundai, EY's Locations: Tokyo, China, Asia, Pacific, India, Japan, Hyundai India, Mumbai, EY's Asia
Tokyo Metro is a 'big banner IPO' for 2024 in Japan: Analyst
  + stars: | 2024-10-15 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTokyo Metro is a 'big banner IPO' for 2024 in Japan: AnalystMio Kato of Lightstream Research shares his take on Tokyo Metro's upcoming listing.
Persons: Mio Kato Organizations: Lightstream Research Locations: Tokyo, Japan
(This is CNBC Pro's live coverage of Thursday's analyst calls and Wall Street chatter. Ferrari's scarcity-driven growth strategy has contributed to price growth of as much as 30% for new vehicles compared to prior vehicles, per Brinkman. — Hakyung Kim 6:25 a.m. Morgan Stanley raises Eli Lilly estimates Morgan Stanley notched its price target for Eli Lilly shares higher on increased weight-loss drug estimates. — Hakyung Kim 6:00: am Goldman Sachs raises Nvidia price target Goldman Sachs believes strong demand for artificial intelligence compute should help drive Nvidia shares higher. Analyst Toshiya Hari increased his price target on Nvidia shares to $150 from $135, implying 11.3% upside potential from Thursday's close.
Persons: Goldman, Morgan Stanley, Elli Lilly, Ryan Brinkman, Brinkman, Ferrari, — Hakyung Kim, Eli Lilly, Terence Flynn, Zepbound, Eli Lilly's, Mounjaro, Flynn, Mercado, Gonzalo Lopez, Lopez, Mercado Credito, Goldman Sachs, Toshiya Hari, Hari, Hakyung Kim Organizations: CNBC, Nvidia, JPMorgan, Ferrari, Mercado Libre, company's Data Locations: Thursday's, Latin America, U.S, America, verticals, Hari
Chinese stocks are poised for a huge run-up in the next year, according to Renaissance Macro's Jeff deGraaf. Other notable investors have been looking to buy the dip in Chinese stocks amid continued stimulus efforts. Other traders on Wall Street have shown interest in buying the dip in Chinese equities, despite fear that Beijing's economic slowdown could stick around. Other strategists on Wall Street have made bullish calls on Chinese equities in recent weeks, with eyes on continued stimulus measures in Beijing. Goldman Sachs predicted China's stock market could rally another 20%, thanks to "more substantial policy measures" and Chinese stocks being oversold, strategists said in a note.
Persons: Jeff deGraaf, , deGraaf, Beijing didn't, Mario Draghi, Michael Hartnett, Yuan Wei, Yuan, Goldman Sachs Organizations: Service, Macro, CSI, Bloomberg, Beijing, Investors, Bank of America, Investment Fund Management Co Locations: , Beijing, China, Wall, Shenzhen, Hong Kong
A handful of stocks stood out as the biggest winners on Wall Street this week, and analysts think they have more room to run. Consensus price targets from analysts polled by LSEG imply 16% upside for shares moving forward. Super Micro Computer also made the list, with shares of the information technology stock up nearly 16% on the week. Analysts polled by LSEG forecast upside of nearly 62%, per their consensus price targets. Consensus forecasts from analysts polled by LSEG forecast about 19% upside moving forward.
Persons: Wells Fargo, Dow Jones, Stocks, LSEG, Andrew Didora Organizations: JPMorgan Chase, CNBC Pro, Bank of America, Computer, Nvidia, LSEG
The S & P 500 hit new highs on Wednesday, but there's more to the story that investors need to be mindful of. A lack of breadth by this measure indicates the S & P 500 is susceptible to a correction, he said. .SPX YTD mountain The S & P 500, year to date Still, Wednesday's return to all-time highs marks a positive development amid what has been a choppy trading month. With the latest moves, the S & P 500 is now tracking to end 2024 higher by more than 21%. The average year-end price target for the S & P 500 implies the index will decline around 3% from where it closed Wednesday, according to CNBC Pro's subscriber-exclusive survey.
Persons: Chris Verrone, Verrone, Wednesday's Organizations: Investment, CNBC
The financial firm upgraded the athletic apparel stock to a buy rating from hold and raised its price target to $97 from $83. — Lisa Kailai Han 6:48 a.m.: Goldman Sachs trims Microsoft price target Goldman Sachs is still bullish shares of Microsoft , despite a minor price target adjustment. However, she accompanied the move by lifting her price target to $80 from $75. Analyst Andrew Mok accompanied the rating change by lifting his price target to $82 from $63. To be sure, he did raise his price target by $10 to $235, implying upside of nearly 10%.
Persons: Joseph Civello, Civello, Caitlin Clark, Lisa Kailai Han, Goldman Sachs, Kash Rangan, Rangan, Bernstein, Harshita Rawat, Venmo, Cash, Rawat, — Lisa Kailai Han, Shagun Singh, Singh, Medtronic, Andrew Mok, Mok, Stephen Tusa, Tusa, divestitures, YTD, Fred Imbert Organizations: CNBC, Barclays, JPMorgan, Honeywell International, Nike, Microsoft, PayPal, RBC, RBC Capital Markets, CVS, Aetna, Honeywell, Dow Jones Industrial Locations: buybacks, Wednesday's
Meanwhile, Jefferies began coverage of Reddit with a buy rating and a price target of $90. Champine said the Federal Reserve lowering interest rates was a driving force for the price target changes. Analyst William Kerr initiated coverage of the pet ecommerce retailer with a buy rating and $38 price target. RBLX YTD mountain RBLX in 2024 — Alex Harring 5:50 a.m.: Citi says UPS is a buy Buy the dip on UPS shares, according to Citi. Analyst Ariel Rosa initiated the delivery giant with a buy rating and a price target of $162.
Persons: Jefferies, Laura Champine, Champine, Helene, Milton, Lowe's, — Alex Harring, Piper Sandler downgrades Blackstone Piper Sandler, Crispin Love, Love, Blackstone, Morgan Stanley, Sanjit Singh, Singh, Alex Harring, TD Cowen, William Kerr, Kerr, Benjamin Soff, Soff, Ken Gawrelski, Gawrelski, Roblox, Ariel Rosa, Rosa, — Fred Imbert, John Colantuoni, Colantuoni, EBITDA Organizations: CNBC, Wednesday, Citi, UPS, Capital, Federal Reserve, Blackstone, Industry, Deutsche Bank, New York Times, Amazon Logistics, Walmart Locations: Wells, China, Tuesday's
As much as consumers love shopping online, most hate to shell out for shipping charges. Paying for return shipping is even worse. These days, 77% of shoppers check the return policy before making a purchase, according to a September survey of 1,500 adults by GoDaddy. Nearly a third, 30%, of consumers said paying for return shipping was more annoying than jury duty and going to the Department of Motor Vehicles. When it comes to winning over customers, return fees matter, other reports also show.
Persons: Optoro, Amena Ali, Amy Jennette Organizations: Parcel Service, GoDaddy, Department of Motor Vehicles, Finance, Miami Locations: New York
Josh Shapiro, according to three people familiar with the conversation. Musk told Shapiro he wants to invest in Pennsylvania, specifically the Pittsburgh area, according to two of the sources. McCarthy was at a Yankees game with Tull on Saturday, the same day that Musk spoke at Trump’s rally in Butler, Pennsylvania. Shapiro spoke to Musk on Sunday. Tull then called Shapiro and put Musk on the phone for the short call.
Persons: Donald Trump, Elon Musk, Josh Shapiro, Musk, Shapiro, Trump, Harris, Tim Walz, Thomas Tull’s, Tull, Kevin McCarthy, McCarthy, Matthew Hatcher, playbook Organizations: Steelers, Cowboys, Pennsylvania’s Democratic, PAC, America PAC, Politico, NBC News, Minnesota Gov, Democratic National Convention, Republicans, Yankees, SpaceX, Commonwealth, Carnegie Mellon University and University of Pittsburgh, Getty Locations: Pittsburgh, Pennsylvania, Hollywood, Butler , Pennsylvania, Tull’s, California, AFP
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