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TUSCALOOSA, Ala. (AP) — Jalen Milroe and Alabama's offense busted out of the doldrums in the second half and the 13th-ranked Crimson Tide's defense was strong throughout in a 24-10 victory over No. The result was Alabama's eighth straight win over Ole Miss, but not the kind of performance that assuaged concerns about the shaky offensive play. Milroe completed 17 of 21 passes for 225 yards with a touchdown and an interception. McCellan ran 14 times for 94 yards to outgain Ole Miss star Quinshon Judkins (13 carries for 56 yards.) REBELS REINFORCEMENTSOle Miss got reinforcements from two offensive transfers to help make up for the absence of injured receiver Tre Harris (knee).

Persons: Milroe, Jalen Hale, Ty Simpson, Jase McClellan's, Jaxson Dart, Dart, Dayton Wade, McCellan, outgain Ole, Quinshon Judkins, Dallas Turner, Ole, Tulane — couldn't, Tre Harris, Zakhari Franklin Organizations: Crimson, South Florida, Rebels, Southeastern Conference, Ole Miss, Tulane —, UP NEXT Alabama, Mississippi State, LSU, SEC, AP Locations: TUSCALOOSA, Ala, Mississippi, Alabama, Dart . Alabama, UP

☆ CNBC Daily Open: Arm’s surge lends helping hand to banks
▼ + stars: | 2023-09-15 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

Michael M. Santiago | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. In the same vein, when Arm experienced a flush of wellbeing, it radiated through markets' entire body, giving them their best day in weeks. The S&P 500 advanced 0.84%, its best showing in around two weeks, and the Nasdaq Composite gained 0.81%. "You've got the perfect framework of inflation heading in the right direction, but the economy not falling apart," Hogan said.

Persons: Rene Haas, Michael M, Hogan, JPMorgan Chase, Morgan Stanley, Goldman Sachs, Goldman, Goldman —, assuaged, You've Organizations: GM, Arm, Nasdaq, Santiago, Getty, CNBC, Riley, Big, JPMorgan, Tech, Dow, PPI Locations: New York City, U.S

☆ Factbox: Developing countries in the grip of debt problems
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +8 min

In June, it clinched a $6.3 billion debt rework deal with the "Paris Club" creditor nations and its other big bilateral lender China. Another part of the domestic debt plan has faced delays, though, with a key deadline on a Treasury bond exchange delayed three times and now set for Sept. 11. Failure to complete the domestic debt overhaul by then could result in delays both in terms of IMF disbursements and talks with creditors. The government recently agreed to tackle roughly $4 billion of its domestic debt via a pension fund debt swap operation and a dollar-denominated bonds exchange. Cairo has a $3 billion IMF programme and has devalued the pound by roughly 50% since February 2022.

Persons: Adnan Abidi, Nandalal Weerasinghe, Kais Saied, Nayib Bukele, William Ruto's, Donald Trump, Libby George, Marc Jones, Mark Potter Organizations: REUTERS, China, SRI, SRI LANKA Sri, Sri Lanka Development, Sri, Monetary Fund, IMF, UAE, Observers, European Union, SALVADOR, World Bank, African Development Bank, Presidential, Republican, Thomson Locations: New Delhi, India, Delhi, ZAMBIA Zambia, SRI LANKA, SRI LANKA Sri Lanka, China, GHANA Ghana, Zambia, Ghana, PAKISTAN Pakistan, Saudi Arabia, TUNISIA, North, Tunisia, EGYPT Egypt, Cairo, Salvador, KENYA, Kenya, UKRAINE Ukraine, Ukraine, Russia, LEBANON Lebanon

☆ US economy near stalling point as consumer demand weakens, survey says
▼ + stars: | 2023-08-23 | by ( Safiyah Riddle | ) www.reuters.com time to read: +2 min

REUTERS/Jeenah Moon/File Photo Acquire Licensing RightsAug 23 (Reuters) - U.S. business activity approached the stagnation point in August, with growth at its weakest since February as demand for new business in the vast service sector contracted. Wednesday's data was worse than expected, with economists polled by Reuters predicting that the services index would be 52.2 and the manufacturing index would be 49.3. "A near-stalling of business activity in August raises doubts over the strength of U.S. economic growth in the third quarter. Consumer demand posed a substantial drag on revenue for firms, as new business and orders contracted for firms across all sectors. New business in the service sector declined for the first time in six months, falling to 49.2 from 51.0 the month prior.

Persons: Chris Williamson, Safiyah Riddle, Chizu Organizations: REUTERS, P Global, Service, Manufacturing, Reuters, P Global Market Intelligence, Consumer, Fed, Thomson Locations: Little Italy, Manhattan, New York City , New York, U.S

☆ These are the top 5 performing Club stocks from mid-July to our August Monthly Meeting
▼ + stars: | 2023-08-17 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

Humana Humana (HUM) is up 16.36% since the July meeting, the Club's second-best performing name over the roughly five-week period. Jim said during the August Monthly Meeting on Thursday that he's not as enamored with this stock recently. HUM mountain 2023-08-16 Humana (HUM) performance 3. PXD mountain 2023-08-16 Pioneer Natural Resources (PXD) performance 4. GOOGL mountain 2023-08-16 Alphabet Inc. Class A (GOOGL) performance (Jim Cramer's Charitable Trust is long LLY, HUM, PXD, CAT, GOOGL.

Persons: That's, Thursday's, Eli Lilly Eli Lilly, Eli Lilly, Lilly's, Jim Cramer, LLY, Jim, he's, PXD, GOOGL, Jim Cramer's, 30,2022 . Virginia Sherwood Organizations: CNBC, Wall Street, Company, Natural Resources, Club, Caterpillar, CAT, Big Tech, Inc, NYSE, 30,2022 . Locations: 30,2022, 30,2022 . Virginia

"Tourism has been on the slow burner for decades in the Darien," said longtime Panamanian tour guide Rick Morales. Tourists and migrants rarely meet face to face; the routes are almost always separated by dozens of miles. Reuters GraphicsTrip advertising does not mention the humanitarian crisis. At the same time, it acknowledged a "catastrophic humanitarian crisis" in a separate part of the Darien due to migration. Travel Darien Panama is an Indigenous-owned tour operator that says on its website it aims to help fund schools and improve living conditions in their village.

Persons: Franca Ramirez, Ramirez, Rick Morales, Marco Wanske, Kisbel Garcia, Alejandra Peña, Luis Eguiluz, Lorri Krebs, Mark Fischer, Morales, Carmelita Cansari, Nina Van Maris, Van Maris, Daina Beth Solomon, Laura Gottesdiener, Elida Moreno, Stephen Eisenhammer, Claudia Parsons Organizations: MEXICO CITY, Pan, Organization for Migration, Reuters, Tourists, Reuters Graphics, Adventure Travel Trade Association . Social, REUTERS, UNESCO, Salem State University, Tourism Ministry, U.S ., U.S, U.S . State Department, Big, Maria, Thomson Locations: MEXICO, Panamanian, Venezuela, Darien, Panama, Americas, United States, Mexico, Alaska, Argentina, Afghanistan, Africa, U.S, selfies, Ecuador, Haiti, Acandi, Colombia, Central America, Salem , Massachusetts, Greece, Texas, Travel Darien Panama, Luxembourg, Mexico City, Monterrey, Panama City, Maria Laguna

☆ Inside Bob Iger's Disney contract extension: a CEO moving to protect his legacy and get succession right this time
▼ + stars: | 2023-07-13 | by ( Lucia Moses | Reed Alexander | ) www.businessinsider.com time to read: +5 min

Disney extended CEO Bob Iger's contract for 2 years, through the end of 2026. Company watchers won't be shocked by the move, since Iger extended his previous tenure in the role many times. Insiders said he wants to protect his legacy and stabilize the business, especially after the exit of its CFO. Disney just extended Bob Iger's contract for two more years, through 2026, the company announced today. Iger pledged at the time to prioritize finding a successor, but he has extended his contract before — four times during his first 15-year tenure.

Persons: Bob Iger's, Iger, Bob Chapek, Dave Heger, Edward Jones, Heger, Christian Knaebel, Christine McCarthy, Disney, — here's, Chapek, Jay Rasulo, Kevin Mayer, Tom Staggs, Dana Walden, Alan Bergman, Iger's reorg, Dana, who's, Bergman, Walden, Meta execs Sheryl Sandberg, Carolyn Everson, Josh D'Amaro, Jimmy Pitaro, Adam Silver, Silver, Andrew Wilson Organizations: Disney, Hollywood, Writers Guild of America, SAG, Longtime, Disney Entertainment, Pixar, ESPN, National Basketball Association, EA Locations: Iger

With inflation still high, Phil Blancato CEO Ladenburg Asset Management said Powell is "not wrong" to keep policy tight. Apple Inc (AAPL.O) hit an all-time high during the session and registered a record closing high for the second session in a row. [1/2]Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 27, 2023. The S&P banks index (.SPXBK) slipped 0.5% ahead of the Fed's annual stress test results after markets close on Wednesday. The S&P 500 posted 39 new 52-week highs and 6 new lows; the Nasdaq Composite recorded 70 new highs and 127 new lows.

Persons: Fed's Powell, Jerome Powell, Powell, Quincy Krosby, Phil Blancato, Brendan McDermid, decliners, LPL's Krosby, Oppenheimer, Mills, Sinéad Carew, Sruthi Shankar, Johann M, Vinay Dwivedi, David Gregorio Our Organizations: Dow, Nasdaq, Federal, European Central Bank, Global, LPL, Management, Independence, Traders, Dow Jones, Apple Inc, Microsoft, P's, Nvidia, Wall Street Journal, New York Stock Exchange, REUTERS, Investors, Netflix Inc, NYSE, Thomson Locations: Quincy, United States, China, New York City, U.S, New York, Bengaluru

☆ The Rather Surreal World of Barbie’s Body Double
▼ + stars: | 2023-06-22 | by ( Alexis Benveniste | ) www.nytimes.com time to read: 1 min

Emma Eastwood had just changed out of Barbie’s tight pink jumpsuit at the Warner Brothers studio in London when she learned she had landed her most high-profile role yet: Barbie’s body double. She had set her expectations low after they twice rescinded offers for her to be an extra, she said. The 26-year-old actress, who grew up in San Francisco and now lives in London, had mostly worked on commercials, music videos and short films. Her role in “Barbie” marked her first time as a body double. She woke up before sunrise, and by 6 a.m., she was on a minibus that transported her to the studio.

Persons: Emma Eastwood, Greta Gerwig’s, “, ” Ms, Eastwood, “ Barbie ” Organizations: Warner Brothers Locations: London, San Francisco

☆ CNBC Daily Open: A Goldilocks jobs market?
▼ + stars: | 2023-06-05 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. And yes, the astounding number of new jobs added in May suggests that the labor market is still robust, which might add to inflationary pressures. Average hourly earnings were 10 basis points lower than forecast on an annual basis — but still higher than the historical average. That impressive showing doesn't bring the Russell to par with the S&P's gain year to date, but in the past week, the Russell rose 3.3% while the S&P added 1.8%.

Persons: Biden, that's, Terry Sandven, CNBC's Ari Levy, Russell, it's Organizations: CNBC, Federal Reserve, U.S, Bank Wealth Management, Markets, Dow Jones, Nasdaq Locations: U.S

☆ CNBC Daily Open: The Goldilocks effect
▼ + stars: | 2023-06-05 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Average hourly earnings were 10 basis points lower than forecast on an annual basis — but still higher than the historical average. "The so-called Goldilocks has entered the house," Terry Sandven, chief equity strategist at U.S. Bank Wealth Management, said. That impressive showing doesn't bring the Russell to par with the S&P's gain year to date, but in the past week, the Russell rose 3.3% while the S&P added 1.8%.

Persons: Joe Biden, Biden, that's, Terry Sandven, CNBC's Ari Levy, Russell, it's Organizations: White, CNBC, Federal Reserve, U.S, Bank Wealth Management, Markets, Dow Jones, Nasdaq Locations: Washington , DC, U.S

☆ Why this chip stock could be the next Nvidia
▼ + stars: | 2023-05-30 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Those who missed Nvidia's recent surge may want to consider putting their money in one overlooked artificial intelligence beneficiary: Marvell Technology. The stock surged 181% this year on AI tailwinds. "Not sure we can make sense of the recent AI rally, but this is a name that belongs in the basket." Bank of America analyst Vivek Arya called the chip stock an "underappreciated" AI beneficiary in a recent note. "All in all, MRVL AI revenue is expected to grow at a 100% CAGR from FY23-FY25," Malik said.

☆ Microsoft’s blockbuster deal to buy Activision is in jeopardy. Here’s what could happen next
▼ + stars: | 2023-04-26 | by ( Brian Fung | ) edition.cnn.com time to read: +5 min

UK officials said Wednesday they will block the company’s $69 billion deal to acquire video game giant Activision-Blizzard. It could also complicate Microsoft’s future in the gaming industry and severely upend Activision, which was in the throes of an internal crisis in the months leading up to the deal. By buying Activision, Microsoft would become the third-largest video game publisher in the world after Tencent and Sony. (The UK dropped its concerns about the console market in March, while the European Union reportedly does not oppose the deal.) In a memo Wednesday to employees, Kotick attempted to strike an optimistic note, whatever the outcome of the deal may be.

☆ TikTok, “Ted Lasso,” Bo Burnham and Other Covid-Era Cultural Highlights - The New York Times
▼ + stars: | 2023-04-08 | by ( ) www.nytimes.com time to read: +2 min

Nine days after the World Health Organization declared Covid-19 a pandemic, “Tiger King” premiered. In this time of relative calm, it’s possible to see the pandemic as not just a crisis of public health but also a distinct cultural era with its own emerging canon. What unites these shows, movies, books and songs is not a common aesthetic or shared themes. We asked an array of cultural critics to consider the following 17 artifacts, each of which captured something essential during Covid. These works reflected a tumultuous moment back at us, illuminating it and us, too.

☆ Everyone in Washington is talking about a TikTok ban. But is it really a national security threat?
▼ + stars: | 2023-03-24 | by ( Brian Fung | ) edition.cnn.com time to read: +16 min

However, more than two years after the Trump administration first issued a similar threat to TikTok, evidence remains unclear about whether the app is a national security threat. “Regarding privacy, we also did not see the TikTok app exhibiting any behaviors similar to malware.”TikTok has cited Lin’s research as part of its defense. He also repeatedly noted that TikTok does not collect more user data than most of its peers in the industry. TikTok later confirmed the incident and ByteDance fired several employees who had improperly accessed the TikTok data of two journalists. “And governments around the world are ignoring their duty to protect citizens’ private information, allowing big tech companies to exploit user information for gain.

March 22 (Reuters) - U.S. authorities are set to explore ways to bolster financial stability, along with steps to tackle the problems facing First Republic Bank, as central banks assess whether turmoil in banking makes interest rate rises less pressing. SVB's collapse kicked off a tumultuous 10 days for banks which led to the 3 billion Swiss franc ($3.2 billion) Swiss engineered takeover of Credit Suisse by rival UBS (UBSG.S). While that deal brought some respite to battered banking stocks, U.S. lender First Republic (FRC.N) remains firmly in the spotlight. Reuters Graphics Reuters Graphics'HEAD IN SAND'The wipeout of Credit Suisse's Additional Tier-1 (AT1) bondholders has sent shockwaves through bank debt markets. For now, the Swiss bank rescue appears to have assuaged the worst fears of systemic contagion, boosting shares of European banks (.SX7P) and U.S. lenders (.SPXBK).

But an unexpected jump in UK inflation last month led investors to bet heavily that the Bank of England will raise interest rates by at least another 25 bps on Thursday. SVB's collapse kicked off a tumultuous 10 days for banks which led to the 3 billion Swiss franc ($3.2 billion) Swiss regulator-engineered takeover of Credit Suisse by rival UBS. While that deal brought some respite to battered banking stocks, U.S. lender First Republic remains firmly in the spotlight. First Republic (FRC.N) shares fell 9% in extended trade on Tuesday, having surged as much as 60% at one stage. For now, the Swiss bank rescue appears to have assuaged the worst fears of systemic contagion, boosting shares of European banks (.SX7P) and U.S. lenders (.SPXBK).

The Fed's relentless rate hikes to rein in inflation have been partly blamed for sparking the biggest meltdown in the banking sector since the 2008 financial crisis. For now, Credit Suisse's rescue appears to have assuaged the worst fears of systemic contagion, boosting shares of European banks (.SX7P) and U.S. regional lenders. The S&P 500 banks index (.SPXBK) rallied 3.6%, its largest one-day gain since November. Still, Australia's prudential regulator has started asking the country's banks to declare their exposure to startups and crypto-focused ventures following the collapse of Silicon Valley Bank, according to the Australian Financial Review. Market cap of US regional banks included in the S&P 500 regional bank indexDeputy Treasury Secretary Wally Adeyemo said a review of the failures of Silicon Valley Bank and rival Signature Bank was in order.

March 21 (Reuters) - Investors on Tuesday took some heart from the rescue of troubled lender Credit Suisse by its Swiss rival UBS (UBSG.S), though concerns lingered about the risk of shockwaves further damaging credit markets and smaller U.S. banks. "The current situation in U.S. regional banks and Credit Suisse has raised concerns about contagion risk," said Grace Tam, chief investment advisor Hong Kong at BNP Paribas Wealth Management. Credit Suisse CEO Ulrich Koerner, who was expected to attend the conference, however, dropped out and the event was closed to media after the weekend rescue. Shares in First Republic Bank (FRC.N) halved on Monday on worries that last week's $30 billion infusion of capital would not be enough. The regulators said owners of this type of debt would only suffer losses after shareholders have been wiped out - unlike at Credit Suisse, whose main regulators are in Switzerland.

☆ Lawmakers say TikTok is a national security threat, but evidence remains unclear
▼ + stars: | 2023-03-21 | by ( Brian Fung | ) edition.cnn.com time to read: +13 min

If there’s a risk, it’s primarily concentrated in the relationship between TikTok’s Chinese parent, ByteDance, and Beijing. TikTok has been erecting technical and organizational barriers that it says will keep US user data safe from unauthorized access. “Regarding privacy, we also did not see the TikTok app exhibiting any behaviors similar to malware.”Are there other security concerns? TikTok later confirmed the incident and ByteDance fired several employees who had improperly accessed the TikTok data of two journalists. “And governments around the world are ignoring their duty to protect citizens’ private information, allowing big tech companies to exploit user information for gain.

☆ The Club's bank holdings help bolster First Republic, while our semis are set to climb on AI
▼ + stars: | 2023-03-17 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

The news: Wells Fargo and Morgan Stanley are part of a group of 11 banks that agreed Thursday to jointly deposit $30 billion in First Republic Bank (FRC). Wells Fargo plans to deposit $5 billion at First Republic, along with Citigroup (C), JPMorgan Chase (JPM) and Bank of America (BAC). Morgan Stanley and Goldman Sachs (GS) contributed $2.5 billion each. The uninsured deposits, which will yield market rates, are required to stay at First Republic for at least 120 days. Wells Fargo slid over 3%, to roughly $38 per share, while Morgan Stanley declined 2.4%, to just under $85 per share.

☆ A Silicon Valley Bank VP, whose grandmother and aunt also worked at the bank, said he's 'heartbroken' for startups affected by its implosion
▼ + stars: | 2023-03-13 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

A vice president at Silicon Valley Bank said he is "heartbroken" for startups affected by its collapse. JP Giannini said both his grandmother and his aunt had previously worked at the bank. Silicon Valley Bank's implosion on Friday sent shockwaves through the tech sector. Palo Alto-based Giannini said Silicon Valley Bank played an important role in his family for over 30 years, with both his grandmother and aunt also working there. At age 10, Giannini attended company picnics with his grandmother when she was still working at the bank, per Silicon Valley Bank's website.

☆ First Republic says its liquidity remains 'very strong' in bid to calm nerves following Silicon Valley Bank's collapse
▼ + stars: | 2023-03-12 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +5 min

First Republic sought to reassure customers after its share price crashed following SVB's collapse. However, about 68% of the bank's deposits, or almost $120 billion, are not insured. First Republic scrambles to reassure investorsFirst Republic's share price plunged by a third last week as SVB imploded. "First Republic Bank, which has significant exposure to the coastal real estate markets appears to be next on the list." Regulators may step in to create a wider safety net to secure more of struggling banks' deposits, in an attempt to calm jittery customers.

☆ Asia markets rise following Wall Street's gains, Tokyo inflation notches up
▼ + stars: | 2023-01-27 | by ( Jihye Lee | ) www.cnbc.com time to read: +2 min

Wall Street analysts are divided on Tesla after the electric car company's latest quarterly results. While the move triggered a drop in used Tesla prices, they also supported demand for the vehicles. "Thus far in January we've seen the strongest orders year to date than ever in our history. "Importantly, Tesla commented that since it lowered prices it has seen the strongest orders year-to-date in its history, with orders running about 2X production. While the strong orders are promising, the analyst said the auto gross margins were too weak to overlook.

☆ Tesla's strong orders and weak margins in its latest earnings have analysts conflicted on the stock
▼ + stars: | 2023-01-26 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

The company posted adjusted earnings of $1.19 per share, compared to expectations of $1.13 per share, according to Refinitiv estimates. We're currently seeing orders of almost twice the rate of production," Musk said during a call with analysts. While the strong orders are promising, the analyst said the auto gross margins were too weak to overlook. Still, he maintained a neutral rating on the firm following earnings, saying the outlook is balanced from here. Meanwhile, Bank of America's John Murphy reiterated a neutral rating, saying the operational and financial outlook for Tesla shares remains unchanged after earnings, and that the stock is "fairly valued."

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