DIRS.INFO The most relevant business & tech news

☆ An American Airlines passenger on an oversold flight stayed in Italy for an extra 3 nights to collect $3,550 in travel vouchers
▼ + stars: | 2024-08-10 | by ( Monica Humphries | ) www.businessinsider.com time to read: +5 min

Berry's $10,000 goal was cut short, but she did extend her trip three extra days and has $3,550 in flight vouchers. Plus, another $1,200 in flight vouchers would allow her to photograph in new destinations. Her free hotel stays, meals, and flight vouchers ended on August 7, three nights after her first bumped flight. BI verified that Berry earned $3,550 in flight vouchers, with one voucher worth $1,150 instead of $1,200. Susan Berry has spent her days photographing while in Naples, Italy, bumped on an overbooked flight.

Persons: —, Susan Berry didn't, Berry, didn't, she'd, Susan Berry, Susan Berry Berry, Berry isn't Organizations: Service, American Airlines, Business Locations: Italy, Naples, Philadelphia, Rio de Janeiro, Seychelles

☆ Taylor Swift concerts and the Olympics could lead to a fresh surge in global inflation, UBS says
▼ + stars: | 2024-08-09 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +1 min

Global inflation could see a resurgence as the Olympics and Taylor Swift concerts drive demand. Mega-events tend to spike hotel and transportation costs, UBS said. Inflation in Europe and the US has cooled, but central bankers are still wary. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementGlobal inflation could see a fresh resurgence thanks to a spending spree fueled by Taylor Swift concerts and the Olympics, UBS said.

Persons: Taylor Swift, — Organizations: UBS, Service, Olympics, Business Locations: Europe

☆ In these 4 American cities, the housing market just reached an incredible milestone
▼ + stars: | 2024-08-08 | by ( Samantha Delouya | ) edition.cnn.com time to read: +3 min

Chicago, Phoenix, Washington and Anaheim, California, have joined New York, Los Angeles, Atlanta and Boston as cities where total home values top $1 trillion, according to the report. San Diego and Seattle are close behind, with total home values of approximately $987 billion and $971 billion, respectively. That’s been the story of the US housing market for years as Americans grapple with one of the most unaffordable housing markets in a generation. Home prices fell in only one metro areaHome values in some cities are growing more quickly than others, Redfin’s report found. Only one metro area saw its home values fall, Redfin said: Cape Coral, Florida saw the value of its housing market drop of 1.6% over the last year.

Persons: underscoring, ”, Chen Zhao, That’s, Newark –, Redfin, Austin, Zhao, “ Organizations: CNN, Gallup, Fed, “ Locations: Redfin . Chicago, Phoenix , Washington, Anaheim , California, New York, Los Angeles, Atlanta, Boston, Diego, Seattle, New Jersey, New York City –, Brunswick, Newark, . New Brunswick, Anaheim ; New Haven , Connecticut, South Carolina, Coral , Florida, Orleans

☆ Oil prices tick up on sharp fall in U.S. crude inventories
▼ + stars: | 2024-08-08 | by ( ) www.cnbc.com time to read: +1 min

Oil prices edged higher on Thursday for the third straight session after government data showed a steep draw in U.S. crude stockpiles, rebounding from multi-month lows touched this week. Brent crude futures rose 23 cents, or 0.3%, at $78.56 a barrel by 0017 GMT, while U.S. West Texas Intermediate crude gained 29 cents, or 0.4%, to $75.52. U.S. crude inventories fell for a sixth week in a row last week, dropping by 3.7 million barrels to 429.3 million barrels last week, government data showed, against analyst expectations in a Reuters poll for a 700,000-barrel draw. While no supply has been impacted so far, attacks on ships in the Red Sea have forced tankers to take longer routes meaning more oil stays on the water for longer. Meanwhile, Libya's National Oil Corporation has declared force majeure in its Sharara oilfield from Tuesday, a statement said, adding that the company had gradually reduced the field's production due to protests.

Persons: Brent, majeure Organizations: Brent, U.S, West Texas Intermediate, . Energy, National Oil Corporation Locations: U.S, Iran, Israel

☆ Golden Opportunity to Boost Job, Labor Market: Raise the Minimum Wage
▼ + stars: | 2024-08-08 | by ( Emily Stewart | ) www.businessinsider.com time to read: +11 min

The federal minimum wage, which has been stuck at $7.25 an hour for 15 years. Given the situation, here's an idea: Why not raise the federal minimum wage right now? Getting anything done legislatively is always a challenge, especially in an election year, but polls indicate a higher minimum wage is broadly popular. AdvertisementOnce the minimum wage gets so high that it starts to cause a bunch of job loss, that's a problem. If a higher minimum wage lifts millions of people out of poverty, that's incredible.

Persons: it's, Yannet Lathrop, California's, It's, Jacob Vigdor, Vigdor, Justin Wiltshire, Michael Reich, David Neumark, shouldn't, we've, they've, Emily Stewart Organizations: Bureau of Labor Statistics, National Employment, New York Times, Congressional, University of Washington, University of Victoria, UC Berkeley's Center, Dynamics, University of California, Business Locations: Nebraska, Florida, Washington ,, Washington, West, Wisconsin, Iowa, Mississippi, South Carolina, Seattle, California, British Columbia, New York, Irvine, America, Wiltshire

☆ Jobs Report Shows the Labor Market Is in Danger, Recession Possible
▼ + stars: | 2024-08-07 | by ( Emily Stewart | ) www.businessinsider.com time to read: +9 min

The jobs report said the US economy added 114,000 jobs in July, far fewer than the 176,000 jobs that economists expected. The weakness of the jobs report tipped the worry scale and sent markets into meltdown mode. Outside the July jobs report, there were plenty of signs the labor market was cooling off. If that seems confusing, here's the only thing you really need to know: The July jobs report triggered the Sahm rule. Nobody should be losing a ton of sleep over the state of the labor market or over the economy overall.

Persons: it's, Guy Berger, doesn't, Skanda Amarnath, there's, what's, Claudia Sahm, we're, Amarnath, Alí Bustamante, Bustamante, would've, it'll, Jay Powell, Berger, Emily Stewart Organizations: Federal Reserve, Glass, Labor, Survey, New Century Advisors, Worker Power, Economic Security, Roosevelt Institute, Fed, Business

As the Fed lowers rates, mortgage rates are expected to go down. "Mortgage rates declined to their lowest level since early February," Sam Khater, Freddie Mac's chief economist, said in a press release. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 15-Year Fixed Mortgage Rates Barely Tick Down (-0.05%)The average 15-year mortgage rate is 5.55%, five basis points lower than last week. Mortgage rates also rose dramatically in 2023, though they started trending back down toward the end of the year.

Persons: Freddie Mac, Jerome Powell, Sam Khater, Freddie Mac's, you'll, It's, refinance, they've Organizations: Reserve, Zillow, FHA Locations: Chevron

☆ Fed Will Scour Jobs Report for Signs of Weakness
▼ + stars: | 2024-08-02 | by ( Jeanna Smialek | ) www.nytimes.com time to read: +1 min

Federal Reserve officials held off on cutting interest rates this week because they want slightly more data to feel confident that inflation is truly coming under control. But while that approach is cautious when it comes to price increases, it could prove to be risky when it comes to the labor market. High Fed interest rates help to cool inflation by slowing demand in the economy. And as inflation comes down, Fed policymakers are increasingly attuned to the risk that they might overdo it, tipping the economy into a severe enough slowdown that it pushes unemployment higher and leaves Americans out of work. Those concerns were not enough to prod central bankers to cut interest rates at their meeting this week.

Organizations: Federal

☆ Jobless rates fall in July for Asian Americans, bucking the overall trend
▼ + stars: | 2024-08-02 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

The unemployment rate fell for Asian Americans from June to July, bucking a broader trend, according to data released Friday by the U.S. Bureau of Labor Statistics. The unemployment rate among Asian Americans dipped to 3.7% in July from 4.1% a month earlier. The result went against the overall unemployment rate, which rose to 4.3% last month from 4.1% in June. Meanwhile, the jobless rate for white Americans rose to 3.8% in July, up from 3.5% a month earlier. For Hispanic Americans, this number climbed to 5.3% last month, compared to the rate of 4.9% in June.

Organizations: U.S . Bureau of Labor Statistics

For now, Fed officials think the ongoing slowdown in hiring and a recent tick up in joblessness suggest the labor market is returning to normal after a few years of booming hiring. But while that approach is cautious when it comes to price increases, it could prove to be risky when it comes to the labor market. But that chain reaction can come at a serious cost to the job market. For now, Fed officials think that the ongoing slowdown in hiring and a recent tick up in joblessness signal that labor market conditions are returning to normal after a few years of booming hiring. Fed rate moves take time to work, so if the central bank only starts to cut borrowing costs when the job market is showing serious signs of strain, it could be moving too late.

Persons: ” Jerome H, Powell, Mr, Neil Dutta, ” Mr, “, ” Organizations: Federal Reserve, Macro Locations: joblessness, “

☆ Here's everything you need to know about Friday's big jobs report
▼ + stars: | 2024-08-01 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

The U.S. labor market may have cooled some in July, as a gradual slowdown in the economy and Hurricane Beryl are expected to have taken some of the steam out of hiring. Still, even if the Labor Department's nonfarm payrolls report for July, to be released Friday at 8:30 a.m. "You're seeing just modest on-the-margin weakness in the labor market that [isn't likely to] spiral out of control into a negative feedback loop." Citigroup projects an even lower number — 150,000 on payrolls and a tick higher in the unemployment rate to 4.2%. Should the unemployment rate keep climbing, it could raise fears that the so-called Sahm Rule is in danger of being triggered.

Persons: Hurricane Beryl, nonfarm, Mike Reynolds, Dow Jones, Goldman Sachs, Beryl Organizations: Amerant, Hurricane, Labor, Federal, department's Bureau of Labor Statistics, Citigroup Locations: Florida, Sunrise , Florida, The U.S, department's, Texas, Houston

☆ Harris Campaign Looks Poised to Beat Trump’s July Cash Haul
▼ + stars: | 2024-08-01 | by ( Theodore Schleifer | More About Theodore Schleifer | ) www.nytimes.com time to read: +1 min

The Trump campaign said that it and its allied groups had raised $139 million in July, an enormous sum — but well short of the $200 million Vice President Kamala Harris’s campaign said it brought in amid a huge burst of enthusiasm about her candidacy. The sum cited by the Trump campaign on Thursday sent it and its allies into August with $327 million in their bank accounts. It makes July one of the Trump team’s strongest fund-raising months to date, just off the sum raised in May, when Mr. Trump’s supporters responded to his felony conviction with an outpouring of donations totaling $141 million. The Harris campaign had not announced its own numbers as of Thursday afternoon. But based on previous self-disclosures, the month of July will be a study in sudden reversals.

Persons: Trump, Kamala Harris’s, Trump’s, JD Vance, Harris Organizations: Trump, Republican Locations: Milwaukee

☆ Analysts overwhelmingly say buy Microsoft on postearnings dip, AI story intact
▼ + stars: | 2024-07-31 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Analysts on Wall Street think Microsoft's postearnings pullback is a buying opportunity. Shares of the technology company dipped 1% after Microsoft's disappointing cloud revenue obscured stronger-than-expected overall results for the fiscal fourth quarter. Microsoft's Intelligent Cloud segment raked in $28.52 billion in revenue last quarter, while analysts polled by LSEG expected $28.68 billion. Take a look at what some analysts around the Street said after Microsoft released its results. Goldman Sachs Analyst Kash Rangan maintained a buy rating on Microsoft and reiterated his $515 per share price target.

Persons: LSEG, Goldman Sachs, Kash Rangan, Mark Murphy, Murphy, Michael Turrin, Turrin Organizations: Microsoft, JPMorgan, JPMorgan Chase Locations: FQ4, 1H

☆ Self-managed abortions have become more common in the US post-Dobbs, study shows
▼ + stars: | 2024-07-30 | by ( Deidre Mcphillips | ) edition.cnn.com time to read: +4 min

Self-managed abortions happen outside of the formal health-care system and without the formal supervision of a doctor or nurse. The new study suggests that self-managing an abortion with abortion pills has become more common, rising from about 18% of attempts pre-Dobbs to 24% post-Dobbs. Other research has found that abortions within the formal health care system have increased in the US post-Dobbs, driven by a spike in medication abortions, especially those provided through telehealth. “As barriers to facility-based abortion grow, (self-managed abortion) may increasingly become an individual’s only or preferred option to end a pregnancy,” the researchers wrote. “These findings suggest the need to expand access to alternative models of safe and effective abortion care and ensure those seeking health care post-(self-managed abortion) do not face legal risks.”

Persons: Dobbs, underreporting, Dr, Sanjay Gupta, ” Organizations: CNN, JAMA, underreporting, CNN Health Locations: United States, telehealth

☆ Man dies after contracting Ebola-like tick-borne disease in Spain
▼ + stars: | 2024-07-30 | by ( Jack Guy | ) edition.cnn.com time to read: +4 min

CNN —A man has died from an Ebola-like disease named Crimean-Congo hemorrhagic fever (CCHF) after being bitten by a tick in Spain. The 74-year-old died of organ failure on Saturday in an isolation unit at the La Paz-Carlos III Hospital in the Spanish capital, Madrid, a spokesperson for the hospital told CNN on Monday. Spain has developed a national plan to deal with tick-borne diseases, including CCHF, but people should take action to avoid tick bites, Lorenzo-Morales said. Consuelo Giménez Pardo, a lecturer in medical parasitology at the University of Alcalá in Madrid, told CNN that “there will undoubtedly be more cases” of CCHF in Spain. “I expect that we will see more cases in the coming years,” Thomson told CNN on Monday.

Persons: Carlos, Jacob Lorenzo, Morales, Lorenzo, ”, Consuelo Giménez Pardo, Giménez, CCHF, Emma Thomson, “, ” Thomson Organizations: CNN, La Paz, Carlos III Hospital, World Health Organization, WHO, Canary Islands, Health, University of La, University of Alcalá, London School of Hygiene, Medicine Locations: Crimean, Congo, Spain, Spanish, Madrid, Móstoles, Toledo, Africa, Balkans, East, University of La Laguna, Western Europe, CCHF, Europe, ”, France

☆ The first Fed interest rate cut in years is on the horizon. Here's what homeowners, buyers need to know
▼ + stars: | 2024-07-29 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +5 min

Valentinrussanov | E+ | Getty ImagesThe Federal Reserve is poised to make the first interest rate cut in years this fall, which can influence mortgage rates to go down. To that point, people in the market to buy a home have been eagerly waiting for the Fed to cut rates. The Fed is meeting this week, but experts say it seems more likely that the first rate cut will come in September. That would be the first rate cut since 2020 in the onset of the Covid-19 pandemic. While mortgage rates are fixed and mostly tied to Treasury yields and the economy, they are partly influenced by the Fed's policy.

Persons: Chen Zhao, Freddie Mac, Refinance, it's, Zhao, Selma Hepp, Hepp, Jacob Channel, there's Organizations: Fed, Treasury, Mortgage, Association, Finance Locations: Redfin

☆ What’s it like to play Olympic beach volleyball in the Eiffel Tower’s shadow? ‘Iconic’
▼ + stars: | 2024-07-29 | by ( Brendan Quinn | ) www.nytimes.com time to read: +5 min

And in that sky, directly above this beach volleyball stadium, loomed the Eiffel Tower. Of all 32 sports being played in these Olympics, none has a location that rivals beach volleyball. Beach volleyball’s Olympic history dates back to 1996 and a simple artificial beach stadium in Clayton County Park outside Atlanta. It’s easy to feel impossibly small in the shadow of the Eiffel Tower. There are seven more sunsets over Eiffel Tower Stadium for beach volleyball.

Persons: Kelly Cheng, Sara Hughes, Hughes, Cheng, They’ve, Paris . Cheng, ” Cheng, “, Cameron Spencer, de Mars, ”, Kristen Nuss, Nuss, Taryn Kloth’s, ” Hughes, “ I’ve, ” Kelly Cheng, Loyola Stien, Aline Chamereau, Clémence Vieira, ” Chamereau, Champ de, Manoir, Rodolfo Buhrer Organizations: FIVB, University of Southern, NCAA, Hollywood, London, Horse Guards, Canada, Games, Sunday, Eiffel, Loyola, Paralympic, Olympic Locations: University of Southern California, Paris ., Paris, Angeles, Santa Monica, Clayton County Park, Atlanta, St James’s, London, Rio, Copacabana, Tokyo, Shiokaze, American, U.S, Czech Republic, Germany, Eurasia

It's also looking increasingly likely that mortgage rates will drop even further in the coming months. As inflation continues to slow and the Fed is able to start lowering the federal funds rate, mortgage rates should trend down. This will remove some of the upward pressure off of mortgage rates and allow them to fall a bit. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. Mortgage Rates for Buying a Home30-Year Fixed Mortgage Rates Inch Up (+0.08%)The current average 30-year fixed mortgage rate is 6.38%, up eight basis points from where it was this time last week, according to Zillow data.

Persons: It's, you'll, refinance, they've Organizations: Commerce Department, Federal, Zillow, FHA Locations: Chevron

☆ CNBC Pro Talks: Frank Cappelleri on charting stocks for success
▼ + stars: | 2024-07-26 | by ( Fred Imbert | Jordan Smith | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Pro Talks: Frank Cappelleri on charting stocks for successCNBC Pro Talks features one-on-one interviews with Wall Street's top investors, smartest traders and rising stars. CNBC's Dominic Chu finds out what makes them tick, what makes them money, and how you can follow in their footsteps.

Persons: Frank Cappelleri, Wall, CNBC's Dominic Chu Organizations: CNBC

☆ These 10 U.S. states are America's least-prepared for climate change and extreme weather
▼ + stars: | 2024-07-26 | by ( Scott Cohn | ) www.cnbc.com time to read: +13 min

In 2021, Maryland adopted a ten-year Climate Adaptation Resilience Framework aimed at making the state's infrastructure more sustainable by 2030. 2024 Infrastructure Score: 230 out of 425 points (Top States Grade: B) Climate Extremes Index: 62.44% Properties at risk: 100% Renewable Energy: 14% 9. 2024 Infrastructure Score: 235 out of 425 points (Top States Grade: B) Climate Extremes Index: 62.44% Properties at risk: 54% Renewable Energy: 4% 5. 2024 Infrastructure Score: 246 out of 425 points (Top States Score: B+) Climate Extremes Index: 39.82% Properties at risk: 14% Renewable Energy: 5% 4. 2024 Infrastructure Score: 179 out of 425 points (Top States Grade: D+) Climate Extremes Index: 48.6% Properties at risk: 100% Renewable Energy: 6% 1.

Persons: There's, Jeremy Porter, Maria Lehman, Governor Moore, Sarah L, Voisin, Ming Li, Wes Moore, Baltimore's Francis Scott Key, Kevin Dietsch, Danielle Villasana, Joseph Prezioso, Pennsylvania Al Walker, Audrey, Jeff Swensen, Drew Koch, Zbigniew Bzdak, Aaron Wilson, Joe Biden, Lady Jill Biden, Peter Zay, Winter Storm Lorraine, Anibal Martel, Louisiana Farmer Chad Hanks, Justin Sullivan, John Bel Edwards, Jeff Landry, Lokman Organizations: NOAA National Centers for Environmental, First Street Foundation, U.S, Infrastructure, American Society of Civil Engineers, Companies, CNBC, First, Atmospheric Administration, U.S . Department of Energy, Maryland, Preparedness, Washington Post, University of Maryland Center, Environmental, Gov, Energy, Delaware Contractors, Army Corp of Engineers, Texas, Lone Star State, Climate Center, Georgetown University, The, New, New Hampshire Workers, AFP, Getty, Environmental Protection Agency, University of New, Pennsylvania, Grow, Keystone, Pennsylvania Department of Environmental, Chicago Tribune, The Buckeye State, Mississippi Residents, Anadolu, Connecticut Municipal, Winter, Constitution, Connecticut Department of Public Health, Louisiana, NOAA, Task Force, Republican Gov Locations: U.S, States, , Maryland, Silver, Maryland, Montgomery, Chesapeake, Bethany Beach , Delaware, Delaware, Houston , Texas, , Texas, The Texas, New Hampshire, Nashua , New Hampshire, University of New Hampshire, Grow Pittsburgh, Braddock , Pennsylvania, Pittsburgh, Midwest, Ohio, Sandusky, Lake Erie, Erie, Mississippi, Rolling, United States, Connecticut, Hartford Area , Connecticut, Kaplan , Louisiana, Louisiana, Jersey, Lodi , New Jersey

☆ Rats, roaches, and other creatures are winning against climate change, and it's bad news for humans
▼ + stars: | 2024-07-25 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +8 min

In the game of climate change, there are both winners and losers. AdvertisementMany of these climate change "winners" are hardy, fast-breeding scavengers that already live in some of the most degraded habitats on Earth: cities. When it comes to what they eat, they aren't picky, which means they probably don't have to worry about climate change eliminating their food source. If climate change is driving a "ratpocalypse," as some evidence suggests, that could have big consequences for human health. But as climate change raises temperatures and alters precipitation trends, their range is expanding and shifting to new geographic areas.

Persons: Giovanni Strona, Shutterstock, they've, We're, —, they're, They're Organizations: Service, Business, Commission's, Research Centre, Pest Control, South America, AP, CDC Locations: York, Africa, Asia, South America, South, Florida, Texas, Europe, Vermont

☆ Toxic ‘forever chemicals’ found in pesticides used on food, in homes and on pets, study finds
▼ + stars: | 2024-07-24 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +9 min

“These pesticides are applied to tens of millions of farm fields across the United States in quite high quantities, and they are contributing to PFAS contamination,” Andrews said. “The study provides empirical evidence of the extent of PFAS in pesticides,” said DeWitt, who was not involved in the research. PFAS helps pesticides last longerThe study authors submitted Freedom of Information requests to various state and federal government agencies in the US, including the EPA. The analysis found eight EPA-approved inert ingredients were PFAS, including the nonstick chemical Teflon. In February, the EPA proposed the removal of Teflon in pesticide products.

Persons: ”, Alexis Temkin, David Andrews, ” Andrews, Jamie DeWitt, DeWitt, Stephanie Eick, “, Tom Flanagin, Andrews, Rainer Lohmann, Temkin, Sirisak, ” DeWitt Organizations: CNN, National Academies of Sciences, Engineering, US Environmental Protection Agency, Environmental, EWG, Center for Biological Diversity, Public Employees, Oregon State University’s Pacific Northwest Center, Health Research, Emory University, Agency, EPA, American Chemistry Council, ACC, ”, University of Rhode Island’s, School of Oceanography Locations: Washington , DC, United States, Tucson , Arizona, Spring , Maryland, Atlanta

☆ I spent 3 nights in Asia's least visited country. It also turned out to be the most expensive.
▼ + stars: | 2024-07-24 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +6 min

AdvertisementIt's one of the world's least-visited countries, making airfare and hotel rates more expensive than many countries in Asia. Only two airlines — the Indonesian low-cost carrier Citilink and the local airline Aero Dili — fly between Bali and Dili. Marielle DescalsotaCost of hotel stay for three nights: $500Timor-Leste only has a handful of three-star hotels and no luxury accommodations. I booked an entry-level room for three nights at Timor Plaza Hotel & Apartments for around $500, including tax. For activities, I spent $30 on a massage at a traditional Chinese spa and $50 on a half-day scuba diving trip at the coast.

Persons: —, I've, It's, what's, Cristo Rei, Hilton, Burger King, Gloria Jean's, nasi goreng Organizations: Service, Business, Leste, Indonesia, United Nations, Development, Aero Dili, Timor Plaza, Apartments Locations: Europe, Asia, Maldives, Bangkok, Kuala Lumpur, Timor, —, South, Connecticut, Development Asia, Indonesia, Australia, Bali, Dili, Darwin, stopovers, Singapore, Tokyo, guesthouses, Timor Leste

☆ Stock market today: Indexes end lower as investors brace for major earnings results
▼ + stars: | 2024-07-23 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

Index ended the day lower Wednesday as investors braced for Tesla and Alphabet's earnings. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The two firms are the first of the Magnificent Seven tech stocks to release their earnings. The stock market is fresh off a winning rally on Monday, which saw the Nasdaq 100 and S&P 500 rise above 1%. Advertisement"The Fed's preferred measure of inflation is expected to tick lower in the June release, paralleling the month's slower CPI inflation.

Persons: —, Tesla, Bill Adams, it's Organizations: Tesla, Service, Nasdaq, UPS, Federal, Comerica, CPI

☆ Alphabet reports earnings after the market close. Here's how analysts see it playing out
▼ + stars: | 2024-07-23 | by ( Sean Conlon | ) www.cnbc.com time to read: +5 min

Alphabet is set to report second-quarter earnings after the market closes Tuesday, one of the first of the " Magnificent Seven " to post its results this earnings season. For Google search revenue, Wolfe Research estimates growth of 12.6% compared to the prior-year period. Wolfe has an outperform rating on Alphabet and a share price target of $240, implying more than 32% upside from Monday's close. Deutsche Bank, Bank of America and TD Cowen all increased their price targets on the stock heading into earnings. GOOGL mountain 2024-07-22 Alphabet, 2-day Bernstein analyst Mark Shmulik also chooses to stay neutral, rating Alphabet market perform.

Persons: LSEG, Baird, Colin Sebastian, Wolfe, Shweta Khajuria, TD Cowen, Benjamin Black, Justin Post, John Blackledge, Barton Crockett, Rosenblatt, Bernstein, Mark Shmulik, Shmulik Organizations: Google, Wolfe Research, Deutsche Bank , Bank of America, Bank of America, YouTube, Rosenblatt Securities, Department of Justice, DOJ

Search resuls for: "Tick"

25 mentions found