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The major averages rebounded strongly this week as quarterly earnings came in largely better than expected and interest rates fell on softer economic data. The Dow Jones Industrial Average rose more than 5% for its best week since October 2022. The big theme next week is earnings and the four portfolio companies delivering their quarterly results. Here's the full rundown of all the important domestic data in the week ahead as we consider a number areas of our portfolio for trades next week. ET: Treasury budget statement for October (See here for a full list of the stocks in Jim Cramer's Charitable Trust.)
Persons: FactSet, we'll, Hulu —, Krystal, Horton, Zimmer, LEV, Armour, Ralph Lauren Corporation, CRON, Patterson, Walt Disney, MARA, Ginkgo, FREYR Battery, FREY, Arcelor Mittal, Wynn, Jim Cramer's, Jim Cramer, Jim Organizations: Dow Jones, Nasdaq, ISM, Services, Coterra Energy, Emerson Electric, Wall, National Instruments, Disney, Hulu, CNBC, Comcast, ESPN —, Wynn Resorts, WYNN, Asia that's, Wynn, Wynn's, Wynn Interactive, United, Brookfield Asset Management, Axsome Therapeutics, Network Corporation, Krystal Biotech, Ceragon Networks, Kosmos Energy Ltd, TreeHouse Foods Inc, Air Lease Corporation, Inc, Eversource Energy, Fennec Pharmaceuticals Inc, Graham Corporation, Aereas Inteligentes, Hilton, Energy, Realty Income Corp, Semiconductors, Vertex Pharmaceuticals Inc, Clover Health, Contura Energy, Diamondback Energy, FS KKR Capital Corp, Celanese Corp, Eos Energy Enterprises, Goodyear Tire & Rubber Company, WEN, Pall Corp, TransMedics, Emerson, Uber Technologies, Holdings, Melco Resorts, Entertainment, Zimmer Biomet Holdings, ACM Research, Lion Electric Company, Emerson Electric Co, Vertex Energy, Waters Corp, Air Products & Chemicals, Esperion Therapeutics, Fidelity National Information Services Inc, Bowlero Corp, Hotels, KKR, Co, Devon Energy Corp, Occidental Petroleum Corp, Dutch Bros Inc, Gilead Sciences, ContextLogic Inc, Akamai Technologies, Viatris Inc, Technologies, Corsair, Enovix Corporation, eBay, EBAY, DaVita Inc, Pan American Silver Corp, Roblox Corporation, Fisker Inc, Warner Bros ., Nuvei Corporation, Farms, Akebia Therapeutics, Biogen Inc, 3D Systems Corporation, Gray Television Inc, BlackSky Technology Inc, Cronos, EVgo Inc, Lumentum Holdings Inc, Nexstar Media Group, UTI Energy, Starwood Property Trust, AMC Entertainment Holdings, Marathon Digital Holdings, IonQ Inc, Digital Turbine, Virgin Galactic Holdings , Inc, Arm Holdings plc, ARM, Ginkgo Bioworks Holdings, Suncor Energy, AppLovin Corporation, B2Gold Corp, Luminar Technologies, MGM Resorts International, MGM, Bloom Energy Corporation, Li Auto Inc, Oatly, Kopin Corp, Fiverr International, YETI Holdings, YPF S.A, Ship Lease, Himax Technologies Inc, Dickinson, CommScope Holding, RBC, Agile Therapeutics, Apyx Medical Corporation, Grab Holdings, Hawaiian Electric Industries, Profire Energy, Flags Inc, Stereotaxis Inc, TransDigm, US Foods Holding Corp, Utz Brands, Valvoline Inc, Weibo Corporation, Wix.com Ltd, Trade, Petroleo Brasileiro SA Petrobras, Growth, Aurora Cannabis Inc, Navitas Semiconductor Corp, Archer Aviation Inc, Semiconductor, Energy Fuels Corp, Illumina Inc, Spike Investment Corp, Algonquin Power & Utilities Corp, AngloGold, Central Puerto S.A, Hudson Global, AirSculpt Technologies, Partners, Soho House, Jim Cramer's Charitable, Handout, Getty Locations: U.S, Macao, Asia, China, Las, Singapore, Wynn's Vegas, Boston, United Arab Emirates, Gilead, VVV, Central, Soho
New York CNN —SAG-AFTRA’s National Board is unanimously seeking permission from union members to strike against a number of video game makers ahead of negotiations resuming later this month. The union’s initial contract with major video game companies, the Interactive Media Agreement, was extended past its initial expiration date last fall as SAG-AFTRA “negotiated with the companies for critical terms (members) need,” the union said Friday in a news release. Eligible SAG-AFTRA members will be able to vote on authorizing a strike until September 25 at 5 p.m. PT, the evening before discussions resume. “The interactive nature of games are built upon the use of such technologies,” a source familiar with the companies’ negotiations told CNN. We’re not trying to upend the way video games are made,” the negotiator said.
Persons: AFTRA “, , ” Fran Drescher, AFTRA, , Audrey Cooling, Duncan Crabtree, We’re Organizations: New, New York CNN, SAG, AFTRA’s, Interactive, Alliance, Television Producers, CNN, , Activision, Epic Games, WB Games, WB, Warner Bros . Locations: New York
Fourteen years after its release, Sen. Tommy Tuberville is still earning royalties from "The Blind Side." In the movie, Tuberville briefly plays the role of himself as he tries to recruit Michael Oher to commit to Auburn University. Oher recently filed court documents alleging that he was misled by the family who brought him. According to a recently-file annual report of his personal finances, Tuberville earned $1,750.55 in royalties in 2022 from "WB Studio Enterprises Inc." in connection to the movie. Oher recently alleged in court documents that he was "exploited" by the Tuohy family, who he said never actually adopted him.
Persons: Sen, Tommy Tuberville, Tuberville, Michael Oher, Oher, he's, , Nick Saban, Ed Orgeron, Lou Holtz, Sandra Bullock, Leigh Anne Tuohy, Sean Tuohy, Michael Organizations: Auburn University, Service, WB, Enterprises Inc, National Football League Locations: Wall, Silicon, Tennessee
The company has also begun offering retired workers meals at the canteen so they can share knowledge of recently re-started lines producing Soviet-era ammunition for Ukraine, he added. Jiri Hynek, president and executive director of the Defence and Security Industry Association (DSIA) of the Czech Republic, told Reuters a lack of workers could push production out of central Europe. The association, which represents more than 160 companies, said exports accounted for around 90 percent of the industry's production of weapons and military-related supplies. Of that, Hynek estimated that supplies of military equipment to Ukraine accounted for 40% of exports. PITCHING PATRIOTISMOther sectors in Poland – emerging Europe's biggest economy – and the Czech Republic have struggled in recent years to find workers: a situation that has driven up labor costs and dampened growth.
Persons: David Hac, Hac, Jiri Hynek, Hynek, Lukas Visingr, Artur Zaborek, Zaborek, Michael Kahn, Anna Koper, Daniel Flynn Organizations: Europe's, STV, Reuters, European Union, Defence and Security Industry Association, WB Group, Central, Stockholm International Peace Research Institute, Thomson Locations: PRAGUE, WARSAW, Europe, Poland, Czech Republic, Ukraine, Policka, Prague, Czech, Central Europe, Stockholm, Poland's
“Madonna” the album served as an explosive entry for the trained dancer-turned-singer on the road to being so much more. There was a boombox in the room, and Rosenblatt played her demo again for Stein while Madonna was there. But before that it didn’t (exist).”Still, Rosenblatt knew a star when he saw one, and Stein agreed. “We met everybody and everybody loved her, everybody just loved her. “I wanted to make people happy, I wanted to be famous, I wanted everybody to love me.
Persons: CNN —, , Michael Rosenblatt, Madonna –, , ” Rosenblatt, , , ” “, , Madonna, Michael McDonnell, ” Bobby Shaw –, Mark Kamins, Danceteria ” Rosenblatt, George Michael, Andrew Ridgeley, we’re, ’ ” Rosenblatt, Mark, Peter Noble, Rosenblatt, I’m, ’ ”, it’s, Dick Clark, Seymour Stein, Stein, Seymour, wasn’t, Debbie Harry, Everybody’s, Bobby Shaw’s, didn’t, ” Shaw, there’s, Shaw, Reggie Lucas –, John ‘ Jellybean ’ Benitez, ’ ” Stein, “ We’re, Michael Ochs, Mo Ostin, Lenny Waronker, Lucas, Benitez, Christopher Ciccone, James Colburn, Madonna’s, Olivia Newton John, ‘ Seymour, she’s, she’d, Barbara Streisand, Marilyn Monroe, ” Madonna Organizations: CNN, Sire Records, Garment, Alamy, , Warner Bros . Records, Warner Records, Warner Bros, Warner, Garden, Michael Ochs Archives, West, , MTV, Radio City Music Hall, ZUMA Press Locations: New York City, York City, New York, Michigan, Paris, England, Danceteria, , New York City, Munich, Los Angeles, LA, West Coast, , Florida, Fort Lauderdale, Key
Help! I'm so tired of doing my team's busy work
  + stars: | 2023-07-17 | by ( Hanna Howard | ) www.cnbc.com   time to read: +2 min
Dear Work It Out,I am tired of doing my team's busy work. I've been stuck with the thankless day-to-day tasks my colleague should be taking on because I'm faster at completing them. It's not work that I want to do or am passionate about and it's keeping me from the bigger projects I could be working on. Presumably my new co-worker will get up to speed at some point, but I'm worried I'll still be stuck with the busy work. They've (finally) gotten extra headcount or found a great candidate to help them achieve whatever goals they've put in place.
Persons: I'd, hasn't, It's, I'm, let's, they've, Bowen, he's
CNN —The Los Angeles County Medical Examiner determined singer Aaron Carter died from drowning and the effects alprazolam and difluoroethane, according to a summary published on the coroner’s website Tuesday. Alprazolam is the generic form of Xanax, while difluoroethane is found in refrigerants and aerosol sprays. Carter died on November 5 of last year at the age of 34. Also known for his roles on television shows, Carter appeared in “Lizzie McGuire” on the Disney Channel and “7th Heaven,” which debuted on The WB Television Network. Entertainment Television, “House of Carters.”Carter is survived by his 1-year-old son, Prince, whom he shared with his partner Melanie Martin.
Warner Bros. Television is working on a scripted "Harry Potter" TV show. AdvertisementA "Harry Potter" TV show is in the works. AdvertisementThe series will be a 'faithful adaptation of the beloved original Harry Potter books'Rupert Grint, Daniel Radcliffe, and Emma Watson starred in the "Harry Potter" films. J.K. Rowling will serve as an executive producerJ.K. Rowling is the author of the "Harry Potter" book series. The show is eyeing a release in 2026Daniel Radcliffe as Harry in "Harry Potter and the Sorcerer's Stone."
Persons: Harry Potter, , Max, J.K, Rowling, Rupert Grint, Daniel Radcliffe, Emma Watson, Casey Bloys, Evan Agostini, Neil Blair, Ruth Kenley, Letts, David Heyman, Harry, David Zaslav, Zaslav, Channing Dungey, Kirsten Acuna Organizations: Warner Bros . Television, Warner Bros, Discovery, Service, HBO, Max, Business, Twitter, WB, Hollywood Locations: Los Angeles, WarnerMedia
U.S. President Joe Biden on Thursday nominated former MasterCard CEO Ajay Banga to become president of the World Bank, hailing his business experience in his native India and his commitment to mobilizing private funds to expand financial inclusion and help developing countries grapple with climate change. "Ajay is uniquely equipped to lead the World Bank at this critical moment in history," Biden said in a statement. "Raised in India, Ajay has a unique perspective on the opportunities and challenges facing developing countries and how the World Bank can deliver on its ambitious agenda to reduce poverty and expand prosperity." Biden singled Banga's decades of experience building global companies and building public-private partnerships to tackle urgent challenges such as climate change, and said he had a proven track record working with global leaders. "He can really be a force for change," Moreno said, noting that Banga enjoyed the trust of financial markets whose support was urgently needed to help raise the trillions of dollars needed to deal with global challenges.
Insider's Stephanie Palazzolo and Madeline Renbarger have a fascinating report on how young venture capitalists who came from investment banking and consulting are not having a good time. I encourage you to read Stephanie's and Madeline's story, which has all the juicy details about the current environment for young VCs. I've written a lot about how young investment bankers view their jobs as a means to an end, as opposed to an actual career. Timing has a lot to do with why young VCs are feeling like they've gotten such a raw deal. Click here to read more about why some young investment bankers are regretting their move to venture capital.
Jan 31 (Reuters) - Warner Bros Discovery Inc (WBD.O) has reached deals with streaming services Roku Inc (ROKU.O) and Fox Corp's (FOXA.O) Tubi to license 2,000 hours of movies and TV series, as it becomes the latest media company to embrace free, ad-supported streaming TV. The streamers announced Tuesday they plan to use the content to launch Warner Bros-branded free, ad-supported TV (or FAST) channels. For the first nine months of 2022, Warner Bros Discovery's streaming business, which includes HBO Max, lost $1.38 billion. The studio is seeking to capitalize on a growing segment of the streaming universe, which industry executives see as complementing subscription streaming services. AMC Networks Inc (AMCX.O), Comcast Corp's (CMCSA.O) NBCUniversal and the National Hockey League have launched FAST channels over the last year.
Markets closed higher for the week after a stellar rally Thursday that saw Big Tech stocks soar on the back of weaker-than-expected consumer price index (CPI) data for October. The S & P 500 closed up more than 5% for the week, its best week since June. Meanwhile, Club holding Amazon (AMZN) is reportedly conducting a broad cost-cutting review , according to The Wall Street Journal. But we think more data is needed before the Fed is able to tone down its hawkish commentary on rates. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Investors are more than happy when politicians bicker but don’t actually enact any new laws that may hurt corporate profits. If Republicans get the House, tax hikes are dead in the water,” said David Wagner, a portfolio manager with Aptus Capital Advisors. That’s because there are some areas of consensus for the White House and Republican lawmakers. Congress and the White House may spend more time bickering than trying to pass legislation. Ameriprise chief market strategist Anthony Saglimbene said on a conference call last week about the midterms that stocks have historically gone up after elections, no matter which party controls the White House and Congress.
CNN —Aaron Carter, a former child pop singer and younger brother of Backstreet Boys’ Nick Carter, has died, a source close to the family told CNN. Carter, who first found fame as a boy with pop songs like “I Want Candy” and “Crush on You,” is survived by his 11-month-old son, Prince. The singer’s debut studio album, “Aaron Carter,” was released in 1997 and he performed as the opening act for the Backstreet Boys earlier that year. “There’s something I’d like to say that I feel is important for myself and my identity that has been weighing on my chest for nearly half of my life,” Carter wrote on Twitter. The singer later said in an interview that he doesn’t drink and denied that he has a drug problem, CNN previously reported.
Zoom In Icon Arrows pointing outwardsThe average cost to attend a private college in 1970 was about $3,000 a year. Bunch is a Pulitzer Prize-winning journalist and the national opinion columnist for The Philadelphia Inquirer. That said, I don't believe the price of college will fall dramatically without states lowering tuition at public universities, and without a renewed push for free community college. WB: Making public 4-year universities free or next to free would be expensive and require new funding sources. WB: This seems the biggest flaw in the Biden plan, that it included nothing in the way to lower college costs going forward.
Discovery abruptly axed, then reinstated, its longstanding TV writers' training program. Numerous TV writers told Insider they would not have been able to establish their careers without the TV workshop. The WBTV workshops not only developed emerging talents, but also helped ease their way into paid work in Hollywood. But even with Zaslav examining every asset across the company to find a promised $3 billion in synergies, the WBTV writers' and directors' workshops seemed unlikely targets. "The training is just phenomenal," a third alum of the writers' workshop told Insider.
Register now for FREE unlimited access to Reuters.com RegisterThe president of the United States, the largest World Bank shareholder, traditionally appoints World Bank presidents. A coalition of civil society groups on Wednesday called for the World Bank to fire Malpass. "We have – and will continue – to make that expectation clear to World Bank leadership. Selwin Hart, special adviser to the UN secretary-general on climate action, had also criticized the World Bank at the COP26 climate summit in Glasgow last year. Large banks, especially the World Bank, "cannot continue to fiddle while the developing world burns," he said.
”Poșta Moldovei orientate către modernizarea infrastructurii existente, îmbunătățirea experienței de business pentru vânzătorii și cumpărătorii on-line. ”Poșta Moldovei”. Această etapă presupune implementarea unei interfețe care va corela platforma electronică a agentului economic cu pachetul de servicii poștale a Î.S. ”Poșta Moldovei”. Partenerii IS ”Posta Moldovei” in realizarea acestor măsuri si dezvoltare de proiecte sunt Programul USAID Reforme Structurale în Moldova, Serviciul Vamal al RM, APP, Agenția e-Gov, MEI, BEI, WB, EBRD.
Persons: Vitalie Zaharia, Zaharia Locations: RM, țara, întreprinderea, Posta, BEI, WB
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