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☆ CNBC Sport: Shams Charania on joining ESPN and life after Woj
▼ + stars: | 2024-10-10 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +21 min

Charania begins his ESPN TV work today. "It's definitely going to be a lot of TV," Charania said. They worked together at Yahoo Sports before becoming rivals, only for Charania to eventually take over for Wojnarowski at ESPN. Charania begins his ESPN TV work today. "It's definitely going to be a lot of TV," Charania said.

Persons: Alex Sherman, Shams, Adrian Wojnarowski, Charania, FanDuel, Jimmy Pitaro, It's, Pat McAfee, Wojnarowski, I'm, Jim Rome, I've, he's, that's, He'll, I'd, Adam Silver, Bob Kraft, Jessica Berman, CNBC's Jessica Golden, Craig Kilborn, Colin Neville, Jim Ratcliffe, Joe Tsai, Colin, Neville, dealmaking, We've, CNBC's Contessa Brewer, Jim Allen, Adam Greenblatt, isn't, Tiger Woods, Tigeraire, Woods, CNBC's Lillian Rizzo, Rudy, Rudy Ruettiger, Kevin Mayer, Tom Staggs, Read, Yahoo's Ross Dellenger, we've, Woody Johnson, Woody Johnson —, Johnson, Robert Saleh, Derek Jeter, Shams Charania, Raine Organizations: CNBC, ESPN, FanDuel TV, The, ESPN TV, Worldwide, Sports, NBA, Yahoo Sports, Wojnarowski, Yahoo, I'm, NFL, Miami Dolphins, Buffalo Bills, Los Angeles Chargers, Dolphins, New England Patriots, National Women's Soccer League, Chelsea Football Club, Manchester United, Brooklyn Nets, Premier Lacrosse League, Youth, NCAA, UFC, CNBC Sport, Rock, Seminole Gaming, U.S . Patent, Sun, QVC, Notre Dame, Disney, Candle Media, SEC, Big Ten, ACC, Jets, Apple, Hollywood, Diamond Sports Group, Bally Sports, Wildcats, College Football, Sinclair, Raine Group Locations: Raine, DraftKings, U.S, Las Vegas, Florida, Tigeraire, Northwestern

☆ Teaming up against antisemitism: Sports icons unite against hate
▼ + stars: | 2024-10-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTeaming up against antisemitism: Sports icons unite against hateRobert Kraft, New England Patriots owner and Kraft Group CEO, NBA Commissioner Adam Silver and National Women’s Soccer League Commissioner Jessica Berman join 'Squawk Box' to discuss the new ad campaign by Robert Kraft's Foundation to Combat Antisemitism, unifying athletes across major sports leagues in the fight against antisemitism and hate.

Persons: Robert Kraft, Adam Silver, Jessica Berman, Robert Kraft's Organizations: Robert Kraft , New England Patriots, Kraft Group, Women’s Soccer League, Robert Kraft's Foundation, Combat Locations: Robert Kraft ,

☆ The Viral Dances Changing the Way Women Move
▼ + stars: | 2024-10-09 | by ( Coralie Kraft | Photographs Malike Sidibe | ) www.nytimes.com time to read: +10 min

Parris Goebel Is Changing the Way Women Move Her surreal, muscular dances for Rihanna, SZA and other pop stars have made her one of the world’s most in-demand choreographers. As the music gathered momentum, the camera raced through the crowd of scowling dancers until, finally, Rihanna appeared. The choreographer behind this viral performance, 32-year-old Parris Goebel, has established herself as one of the music industry’s most innovative and in-demand artists. There’s something cathartic about watching a group of (mostly) women snarling in lock step, an image of power and indomitability. Rihanna’s representative confirmed that Rihanna and Goebel were shooting something at the palace, though the project is still under wraps.

Persons: Parris Goebel, Rihanna, SZA, “, ”, Cat, Justin Bieber, Ariana Grande, Goebel, Fatima Robinson, Missy Elliott, Britney, Christina Aguilera’s, Christina Aguilera, Britney Spears, Tate McRae, It’s, Tate, McRae, Gene Kelly, growled, choreographing, Jennifer Lopez’s, ” Goebel, Bob Fosse, Justin Bieber’s, —, ” SZA, ” — Parris Goebel, influencer, natalieg, I’m Organizations: Nike, Paris, Nike Paris, YouTube, Urban Dance, Rihanna’s, Samoan rugby, Coachella, intuit, of Mirrors Locations: Auckland, Versailles

☆ MrBeast's $100M Amazon reality show may succeed despite controversy. But it could come back to haunt him.
▼ + stars: | 2024-10-04 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +8 min

AdvertisementMrBeast confirmed this week that his upcoming Amazon show, Beast Games, had cost more than $100 million. "They'll still do partnerships with him," Diana D'Angelo, the CEO of Breaking Creatives Agency, told BI. A spokesperson for Donaldson told BI that the lawsuit had not yet been served to him despite being filed two weeks ago. AdvertisementHowever, Chedid told BI these "stonewall tactics" may "come back to bite him," affecting his reputation and future partnerships. D'Angelo told BI Donaldson might decide to speak up if the controversy starts to affect his "bread and butter" — his YouTube channel.

Persons: MrBeast, —, Diana D'Angelo, they'll, he's, Jimmy, Donaldson, YouTubers KSI, Logan Paul, Paul, Rolling Stone, Robyn Abou Chedid, Chedid, Thomas Walters, Ava Tyson, Kevin Mazur, Tyson, Kraft Heinz's Lunchables, Walters, D'Angelo Organizations: Service, Beast Games, Amazon, Creatives, Reuters, The New York Times, Las, Guided Agency, YouTube, Beast Locations: Amazon, Las Vegas, Los Angeles, Toronto

☆ NFL Power Rankings Week 5: Believing in the Vikings and rookie check-in
▼ + stars: | 2024-10-01 | by ( Josh Kendall | ) www.nytimes.com time to read: +24 min

In honor of Jayden Daniels’ historic start to his NFL career, the Power Rankings are checking in on rookies this week. Last week: 4Sunday: Beat Green Bay Packers 31-29The Vikings are having the NFL’s most surprising season without much help from their rookie class. Veteran wide receiver Rashee Rice is expected to miss the rest of the season after suffering a knee injury against the Chargers. Second-round wide receiver Ladd McConkey had a career-high 67 yards Sunday and leads the team with 173 receiving yards. Fourth-round tight end Erick All has been a surprise with 12 catches, but third-round wide receiver Jermaine Burton has been a disappointment.

Persons: Jayden Daniels, Daniels, Caleb Williams, they’ve, we’ve, J.J, McCarthy, Sam Darnold, Dallas Turner, Xavier Worthy, Rashee Rice, Worthy, Kingsley Suamataia, Roger Rosengarten, Derrick Henry, Henry, Keon Coleman, it’s, Coleman, James Cook, Terrion Arnold, Ennis Rakestraw, Arnold, Rakestraw, Jared Goff, Patrick Breen, Kamari Lassiter, Nico Collins, Byron Murphy, Geno Smith, Smith, Graham Barton, Bucky Irving, Irving, Mike Evans, Mason McCormick, Troy Fautanu, Zach Frazier, Justin Fields, Dominick Puni, Darren Yamashita, Puni, that’s, Ricky Pearsall, Jim Harbaugh, Joe Alt, Ladd McConkey, Javon Bullard, Bullard, Jordan Morgan, Edgerrin Cooper —, — Luke Musgrave, Tucker Kraft, Jayden Reed, Dontayvion Wicks, Love, mettle, DeMarcus Lawrence, Kneeland, Tyler Guyton, Cooper Beebe, Michael Penix Jr, hasn’t, Kirk Cousins, Ruke Orhorhoro, Brandon Dorlus, Bralen Trice, JD Bertrand, he’s, Taliese Fuaga, Aid McKinstry, Khristian Boyd, Weeks, Laiatu Latu hasn’t, Adonai Mitchell, Joe Flacco, Anthony Richardson, Anthony Richardson's, gam, Ang, e nt, No, Wil l iams: He, lea, dou, Tre, Ben, Lo, Bea, Caro, tigh, carr, rs does, ron, Nix, Eli M ann i, Fran, abou, Dalt, Andy Dalt, ake, Will Levi, Gian, Smit, Garr, Thom, Pede, arn Organizations: NFL, Washington, Green Bay Packers, Vikings, New York Jets, Chiefs, Los Angeles Chargers, Chargers, Veteran, New, New Orleans Saints, Beat Buffalo Bills, Bills, Ravens, 33rd, Cincinnati Bengals, Buffalo Bills, Baltimore Ravens, Buffalo, Houston Texans, Beat Seattle Seahawks, Lions, Ennis, The, USA, Beat Arizona Cardinals, Cleveland Browns, Beat Jacksonville Jaguars, Texans, Jaguars, Seattle Seahawks, Detroit Lions, Seahawks, New York Giants, Beat Philadelphia Eagles, Bucs, Tampa Bay’s, Atlanta Falcons, mojo, Indianapolis Colts, Steelers, South Dakota State, Colts, Dallas Cowboys, 49ers, New England Patriots, Central, Patriots, 33rd Team, Arizona Cardinals, Kansas City Chiefs, Minnesota Vikings, Packers, Los Angeles Rams, Beat New York Giants, Dallas, Pittsburgh Steelers, Beat New Orleans Saints, The Falcons, Tampa Bay Buccaneers, Aid, Beat Pittsburgh Steelers, Jacksonville Jaguars, Cal, Wil, pla, ims, unt, Sund, Jets, erc, ork Jets, acc, ard, lse Locations: Kansas, New Orleans, The Republic, Tampa, Central Missouri, Atlanta, Indianapolis

☆ Meet the brash lawyer that everyone from Eric Adams to Alec Baldwin and Elon Musk turns to in a crisis
▼ + stars: | 2024-09-27 | by ( Matt Turner | ) www.businessinsider.com time to read: +4 min

Alex Spiro, a high-profile lawyer, is representing Mayor Eric Adams as he battles criminal charges. He's defended both Elon Musk and Alec Baldwin. The litigator is bringing his hard-charging tactics to the federal criminal case against New York City Mayor Eric Adams. The manslaughter case against Baldwin was shockingly dropped earlier this year after Spiro argued that prosecutors hid key evidence before trial. Read the full profile of Alex Spiro here.

Persons: Alex Spiro, Eric Adams, Spiro, He's, Elon Musk, Alec Baldwin, —, Adams —, Adams, Jack Newsham, who's, Jay, Robert Kraft, Thabo Sefolosha, he's, cocounsels, Baldwin, Newsham, Alex, Randy Zelin, Zelin Organizations: Elon, Business, Service, New York City, New York Police Department, Prosecutors, Turkish Airlines, BI, Harvard Law, New England Patriots, NBA, Cornell Law School Locations: New

☆ I'm a dietitian and mom. Here's why I feed my 2-year-old processed foods.
▼ + stars: | 2024-09-26 | by ( Kristen Carli | ) www.businessinsider.com time to read: +5 min

I'm a mom and dietitian, and I don't mind feeding my toddler processed foods. AdvertisementI'm a dietitian, and I feed my 2-year-old processed foods. Not all processed foods are created equalProcessed foods exist on a spectrum, ranging from minimally to heavily processed, otherwise known as ultra-processed foods. AdvertisementI feed my toddler processed foods alongside whole foodsAs a dietitian and a mom, I seek foods that are easy to prepare and nutritious for my toddler. Related storiesIn our household, I serve processed foods alongside whole foods.

Persons: —, Kraft Organizations: Service

☆ MrBeast launching a new product amid controversy may be a good PR move, marketing experts say. But it's risky.
▼ + stars: | 2024-09-21 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +6 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTop YouTuber MrBeast is being criticized, but he seems to be focusing on a new product launch instead of making statements. Jimmy "MrBeast" Donaldson is the biggest creator on YouTube, with 316 million subscribers. Advertisement"Generally, launching a new product amid controversy can be a very good strategic move since it shows resilience and shifts the overall predominant narrative," Perlova said. Varbanova said it's hard to know how many of Donaldson's 300 million YouTube subscribers are even following the negative news.

Persons: —, Jimmy, MrBeast, Donaldson, Logan Paul, Kraft Heinz's Lunchables, Paul, he's, hasn't, Katya Varbanova, Ava Tyson, Tyson, X, Zoya Perlova, Perlova, Varbanova, Donaldson's, Pam Lyddon, it's, Lyddon, Natalie Yorke Organizations: Service, YouTube, Business, The New York Times, Dyninno, Bright Star Locations: Turkey

☆ Ryan Reynolds credits his business success to 1 skill: It's a 'precious commodity' in any job, expert says
▼ + stars: | 2024-09-20 | by ( Megan Sauer | ) www.cnbc.com time to read: +2 min

Ryan Reynolds' storytelling abilities aren't just a quirky element of his public persona — they're the bedrock foundation of his success across multiple industries, he says. The movie's budget didn't leave much room for marketing, so Reynolds shouldered some of the load himself, filming and posting comedic advertisements on social media. Multiple of Reynolds' posts went viral, and "Deadpool" grossed $782.6 million in box office sales against a $58 million budget, according to IMDB-owned Box Office Mojo. Mint Mobile's parent company, Ka'ena Corporation, was similarly purchased for up to $1.35 billion by T-Mobile last year. "Reynolds will continue in his creative role on behalf of Mint," T-Mobile said at the time.

Persons: Ryan Reynolds, aren't, —, Reynolds, Kraft, Mint Organizations: Fast, Mojo, Mint Mobile, Aviation, Diageo, Kraft Heinz, Ka'ena Corporation, Mobile, Mint

☆ Lunchly: Logan Paul and MrBeast launch a Lunchables competitor
▼ + stars: | 2024-09-17 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Some of YouTube’s biggest stars are taking on Lunchables with a competitor of their own. MrBeast, Logan Paul and KSI are teaming up on a “groundbreaking new better-for-you lunch option” called Lunchly, which combines all of their products into one meal that’s aimed at their young fan base. “Our end game has always been to not only provide high quality products, but also healthier alternatives,” Lunchly cofounder Logan Paul said in a press release. Lunchly’s launch comes when Lunchable, owned by Kraft Heinz, announced a major initiative last year to be a part of school lunch programs. Of course, KSI, Paul and MrBeast know how to launch brands, thanks in part to their fervent fan base.

Persons: Logan Paul, Paul, Lunchly, Lunchables ”, ” Lunchly, Kat, Kraft Heinz, MrBeast, hasn’t, ” Jeffrey Klineman, BevNet, “ Paul Organizations: New, New York CNN, Kraft, Consumer, Gatorade, BodyArmor, CNN Locations: New York, Lunchables

☆ Stouffer's takes on Kraft with new boxed mac and cheese
▼ + stars: | 2024-09-16 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Stouffer's is exiting the freezer aisle and taking on Kraft Heinz with its new shelf-stable mac and cheese. The average American consumer eats mac and cheese 22 times a year, trailing only pizza in its frequency, according to Moe. Out of those 22 occasions, the mac and cheese comes from a box about 70% of the time. To start, under the name Stouffer's Supreme, the brand will offer two variations on boxed mac and cheese: a classic cheddar and a three-cheese version made with cheddar, gouda and parmesan. Moe said the cheddar is a "sibling, not identical twin" of its frozen mac and cheese, while the three-cheese option is a "cousin."

Persons: Kraft Heinz, Stouffer's, Tom Moe, Moe, Andre Maciel, Kraft's, Nestle, that's Organizations: Kraft, Nestle, Nestle Meals Division, Barclays Global Consumer Staples Locations: cheddar, gouda

☆ Private-label grocery brands boomed during inflation. Prices are down, but store-brand items keep going higher
▼ + stars: | 2024-09-16 | by ( Bob Woods | ) www.cnbc.com time to read: +10 min

Private brands — also called store brands and private-label brands — of foods and beverages have shared shelf space with national brands for years. Customer shopping habits are changing for goodIn the past, the value proposition of private brands was driven primarily by lower prices. But consumer attitudes are evolving, according to a recent survey by the Food Industry Association, which represents both food retailers and producers. And 46% said they expect to buy private brands somewhat or much more, compared to 27% saying that for national brands. "In the U.S., the market for private brands as an industry to eclipse national brands is not something we'll see," Baker said.

Persons: Peggy Davies, they've, Kraft Heinz, —, Rick Gomez, Sally Lyons Wyatt, John David Rainey, Scott Morris, Kroger, King Scoopers, Albertsons, Smart, Lyons Wyatt, They've, Doug Baker, Baker, Gen Zers, Xers, Steve Zurek, there's, Zurek, Morris, Gen, Joe's Organizations: Retailers, Private Label Manufacturers Association, Procter & Gamble, Walmart, Kroger, Albertsons, Target, Wall Street, Walmart U.S, Brands, Metro Market, Food Industry Association, Aldi Locations: Kellogg's, U.S, California , Florida, Western Europe

☆ A debate with bad blood
▼ + stars: | 2024-09-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

When discussing immigration, Harris took a shot at Trump's rallies, saying that people leave them early " out of exhaustion and boredom ." Trump responded with his own attack about Harris' rallies, but his demeanor also took a noticeable turn for the remainder of the debate. And while the two candidates basically don't agree on anything, Harris took one page out of Trump's book. The vice president had some noticeable facial expressions during the debate , something the former president has been known for. The Harris campaign said following the debate the vice president would participate in another one in October .

Persons: —, we're, Saul Loeb, Kevin Dietsch, Kamala Harris, Donald Trump, Harris, Trump, Jon Stewart, Insider's Brent D, Griffiths, David Muir, Linsey Davis, Roe, Wade, Elon Musk, Taylor Swift, Walz, Alex Brandon, Rebecca Zisser, Jamie Dimon's, Goldman Sachs, greenlights, Dan Ives, Ives, Brooks Kraft, Apple, Millennials, TikTok doesn't, Antony Blinken, Volodymyr Zelenskyy, Megan Thee, Dan DeFrancesco, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Service, Business, Trump, White, JPMorgan, Apple, Brooks, Brooks Kraft LLC, Getty, YouTube, EV, UK Foreign, MTV, MTV . Locations: —, Ukraine, New York, London

☆ NFL team sales are likely to stall as valuations soar
▼ + stars: | 2024-09-05 | by ( Alex Sherman | ) www.cnbc.com time to read: +10 min

Abbie Parr | Getty Images Sport | Getty ImagesThe Seattle Seahawks may be the next National Football League team to sell. The average NFL team is now worth $6.49 billion, and no team is valued at less than $5.25 billion, according to CNBC's Official 2024 NFL Team Valuations. Seven of the last 10 NFL teams to be sold outperform the S&P 500 on a percentage-gained basis since the sale. Each of the last four NFL team sales has set a new record, showcasing the rise in valuations. WATCH: New England Patriots owner Robert Kraft on new NFL private equity ruleswatch now

Persons: Abbie Parr, Paul Allen, Allen's, Jody, Marc Ganis, Roger Goodell, It's, There's, Neal Pilson, That's, Ganis, —, Daniel Snyder, Josh Harris, Terry Pegula, Kim, Ralph Wilson, David Tepper's, Jerry Richardson, Rob Walton, Pat Bowlen, Virginia Halas McCaskey, George Halas, McCaskey, George McCaskey, They're, Goodell, Curtis Martin, Tracy Gallagher, Gallagher, Robert Kraft, Kraft Organizations: Getty, Seattle Seahawks, National Football League, Former Seahawks, Microsoft, NFL, Disney, National Basketball Association, Netflix, CBS Sports, Pilson Communications, NBA, Washington, Philadelphia 76ers, National Hockey League's New Jersey Devils, Billionaire, Buffalo Bills, Carolina Panthers, Panthers, Walmart, Denver Broncos, Bills, Broncos, Chicago Bears, Bears, The Miami Dolphins, Los Angeles Chargers, Ares Management, Sixth Street Partners, Arctos Partners, Equity, Blackstone, Carlyle Group, Capital Partners, Arta Finance, NHL, Major League Baseball, New England Patriots, CNBC Locations: U.S, Spain, Germany, Brazil

NFL owners voted Tuesday to allow private equity firms to take a maximum 10% stake in teams. The league has never allowed private equity investment before. No other league takes a percentage of the so-called carry — the percentage of a fund's investment profits that managers typically receive as compensation — for all private equity firms. The NFL has informally told investment firms that if they make a return on an investment, it wants a portion of the profits to be returned to the league. It was unclear if the NFL's plans to take a piece of profits would deter future investment from private equity.

Persons: Brock Purdy, Robert Kraft, CNBC's, Curtis Martin, Jake Piazza Organizations: San Francisco 49ers, Kansas City Chiefs, Super, National Football League, NFL, Major League Baseball, National Basketball Association, National Hockey League, New England Patriots, Ares Management, Sixth Street Partners, Arctos Partners, Dynasty Equity, Blackstone, Carlyle Group, Capital Partners Locations: Allegiant, Las Vegas

☆ Berkshire Hathaway's new stock pick Ulta Beauty is a classic value play after a 30% sell-off
▼ + stars: | 2024-08-18 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Warren Buffett's Berkshire Hathaway recently debuted a new stake in beauty retailer Ulta Beauty , a deep value bet that validated a belief that the stock was significantly oversold. The Omaha-based conglomerate unveiled a $266 million bet on Ulta Beauty in a regulatory filing late Wednesday, prompting the shares to climb 11% the next day. Many view the purchase as a classic value buy after the beauty supply chain's stock suffered a big sell-off this year amid slowing demand and increased competition. ULTA YTD mountain Ulta Beauty shares in 2024. Before Buffett's purchase boosted the stock, Ulta had tumbled 32% in 2024, trading at just 12 times forward earnings, according to FactSet.

Persons: Warren, Berkshire Hathaway, Oppenheimer, Rupesh Parikh, Ulta, it's, Stephanie Link, I've, Ted Weschler, Todd Combs, Buffett, Kraft Heinz Organizations: Hightower Advisors, Berkshire, Kroger Locations: The Omaha

☆ Mars to acquire Cheez-It, Pringles-maker Kellanova in $36 billion deal
▼ + stars: | 2024-08-14 | by ( ) www.cnbc.com time to read: +2 min

Family-owned candy giant Mars, whose brands include M&M's and Snickers, said on Wednesday it would buy Cheez-It and Pringles maker Kellanova in a nearly $36 billion deal, making it the biggest deal in the packaged food industry. Mars will pay $83.50 per share in an all-cash deal for Kellanova, representing about a 33% premium to Kellanova's close on Aug. 2, before Reuters first reported that Mars was exploring a deal for the Pringles maker. Kellanova, which split from WK Kellogg last October, is rooted in a salty snacks business and sells cereal outside of North America. WK Kellogg was left with the North American cereal business of Kellogg, the original parent company. Kellanova logged net sales of more than $13 billion in 2023.

Persons: Mars, Kraft Heinz, Mondelez, Rice Krispies, Andrew Clarke, WK Kellogg, Kellogg Organizations: Diamond Foods Inc, Procter & Gamble Co, Kellanova, Reuters, Wrigley, Global, Street Journal Locations: San Francisco , California, Kellanova, Hershey, Chicago, North America

While keeping his outperform rating, Vijay Rakesh chopped $10 off his price target to $145. The Oreo maker should see above-average earnings growth, Jordan said, and the stock itself is a high-quality core holding. — Alex Harring 5:50 a.m.: UBS lays out earnings expectations for Nvidia UBS is remaining bullish on Nvidia heading into the artificial intelligence giant's earnings report. Analyst Timothy Arcuri reiterated his buy rating and $150 price target heading into earnings expected later this month. His price target of $23, up from $20, implies a gain of 28.3% over the next 12 months.

Persons: Piper Sandler, Vijay Rakesh, Rakesh, Alex Harring, Shaun Kelley, Kelley, — Alex Harring, Eli Lilly, Eli Lilly's, James Shin, Shin, Jefferies, Samad Samana, Samana, Goldman, Goldman Sachs, Mills, Leah Jordan, Jordan, Kraft Heinz, Timothy Arcuri, Arcuri, Patrick Moley, Morley, HOOD, Fred Imbert Organizations: CNBC, UBS, Mizuho, Micron, Seagate Technology, Western, Bank of America, Gaming, Consumer, Terre Haute, Kentucky Derby, Deutsche Bank, Par Technology, Jefferies, Conagra Brands, Hershey, Nvidia UBS, Nvidia Locations: Churchill, Northern, Northern Virginia, Kentucky, Robinhood

☆ These dividend payers will beat the yields on cash as the Fed cuts rates, Bank of America says
▼ + stars: | 2024-08-09 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +3 min

However, investors can continue generating portfolio income if they snap up the right dividend stocks. Dividend yields that are too high may also raise the question of whether the company can sustain these payments to investors. Data storage player Seagate Technology made the cut, with a three-year annualized dividend yield of 7.9%, according to Bank of America's analysis. Bank of America rates KeyCorp as a buy, and it sees the company and its peers benefiting as the Fed dials back its policy. Devon, which the bank rates as a buy, this week surpassed the Street's estimates on core earnings per share in the second quarter, per FactSet.

Persons: Savita Subramanian, Wamsi Mohan, Mohan, Ebrahim Poonawala, Kraft, Merck Organizations: Federal Reserve, FedWatch, Bank of America, Seagate Technology, Bank of, KeyCorp, Devon Energy, Kraft Heinz, Simon Property Group Locations: Devon, Bank

With nearly three-fourths of the S & P 500 reporting second-quarter results, the earnings picture for the back half of the year is looking unusually complicated. It's been a 'meh' quarter so far We have the usual beat on bottom-line earnings, but revenue beats are below expectations. Most companies are beating on earnings estimates but are declining to hike full-year guidance beyond the beat. Plenty of complaints about a slowing China consumer A weak China economy has been a significant headwind for a number of global companies this season. Procter & Gamble's China sales tumbled 8% from a year ago as consumer spending slowed.

Persons: It's, Sherwin, Williams, Lockheed Martin, Chipotle, Isaac, CDW, Clorox, – Hershey, Kraft Heinz, Mondelez, General Mills, Smucker, McDonald's, Wendy's, Bob, Wyndham, Mills, Marriott, LVMH, haven't Organizations: GE Aerospace, Hasbro, Lockheed, Verizon, Mattel, IBM, Juniper Networks, Enphase Energy, NXP Semiconductors, Accenture, Oracle, Procter, Gamble, PepsiCo, ConAgra Brands, Bank of America, MGM Resorts, Comcast, Marriott, Airlines, Allegiant, Ryanair, Gamble's, Starbucks, Visa, Nike, Vegas Sands Locations: J.M, Atlantic City, China, Gamble's China, Greater China, Japan, Macao, Marina, Sands, Singapore

☆ Trolls Used Her Face to Make Fake Porn. There Was Nothing She Could Do.
▼ + stars: | 2024-07-31 | by ( Coralie Kraft | ) www.nytimes.com time to read: +1 min

“Hi, just wanted to let you know that somebody is sharing pictures of you online and discussing you in quite a grotesque manner,” it began. She asked for evidence, and the sender responded with pixelated screenshots of a forum thread that included photos of her. Eventually, with a friend’s help, she found a set of archived pages from the notorious forum site 4chan. She was standing in front of a full-length mirror with her head tilted to the side, smiling playfully. “But I wasn’t wearing any clothes.”

Persons: “, ’, Javellana, ” Javellana

☆ Stocks making the biggest moves premarket: Pinterest, Match Group, Advanced Micro Devices and more
▼ + stars: | 2024-07-31 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +6 min

Advanced Micro Devices — Shares popped nearly 9% after the chipmaker's earnings and revenue beat analyst estimates postmarket Tuesday. AMD reported adjusted earnings of 69 cents per share versus 68 cents expected from analysts polled by LSEG. Live Nation Entertainment — The entertainment stock was little changed after posting second-quarter revenue that matched expectations. But revenue of $6.48 billion was below the $6.55 billion analysts had expected, according to FactSet. Marriott International — The hotel chain slipped 4% after posting second-quarter revenue of $6.44 billion, below the $6.47 billion expected by analysts polled by FactSet.

Persons: DuPont, LSEG, Pinterest, FactSet, Dan Dolev, Kelly Ortberg, Dave Calhoun, AutoNation, StreetAccount, Kraft Heinz —, Greg Heckman, —, Brian Evans, Michelle Fox, Fred Imbert, Spencer Kimball, Tanaya Macheel, Jesse Pound, Samantha Subin Organizations: DuPont, Intel, Bloomberg, Microsoft, AMD, LSEG, Revenue, Nvidia, ASML, Arista Networks, Arista, Starbucks, Mizuho, Boeing, Collins Aerospace, Entertainment, Humana, Marriott, FactSet, Mobile, Nuclear Regulatory Commission, Nuclear, Constellation Energy, Constellation, Bunge Locations: Tuesday's, FactSet, Texas, U.S

☆ OpenAI's releasing a new AI model soon, and there's a lot at stake
▼ + stars: | 2024-07-31 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, what to expect from OpenAI's newest AI model that's in the works. GPT-5, the newest model upgrade for OpenAI's chatbot, is coming soon . AdvertisementOpenAI has a lot riding on its newest model, including its ability to get customers to cough up more cash. That's not ideal for a company that's preparing to take on one of the biggest juggernauts in tech: Google's Search.

Persons: —, Z's, Let's, Nordin Catic, OpenAI, Darius Rafieyan, Darius, ChatGPT, Justin Sullivan, Chelsea Jia Feng, it's, Sam Altman, Ned Davis, David Solomon, Goldman Sachs, David Zalubowski, Chiang Ying, Mark Zuckerberg, Jensen Huang, Alexa von Tobel, Tyler Le, Mark Zuckerberg's, It's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Business, Getty, OpenAI, Ned Davis Research, Blackstone, Harvard, Microsoft, Starbucks, Apple, Apple Intelligence, Fed, Meta, Boeing, Kraft Locations: undergrad, New York, China, London

☆ Stocks making the biggest moves midday: Boeing, Vistra, Match Group and more
▼ + stars: | 2024-07-31 | by ( Sean Conlon | ) www.cnbc.com time to read: +5 min

Match Group — Shares of the Tinder dating app owner moved 13% higher after the company posted second-quarter revenue of $864 million. That is above the $856.5 million estimate that analysts polled by FactSet had expected. Revenue, however, came in below expectations at $6.48 billion, compared to the $6.55 billion analysts polled by FactSet had expected. Marriott reported $6.44 billion, which was below the $6.47 billion analysts polled by FactSet had expected. Bunge — The food stock moved nearly 8% lower after the company posted second-quarter results that missed analysts' expectations.

Persons: Vistra, FactSet, LSEG, Dan Dolev, AutoNation, Kraft Heinz —, Bunge, Robert " Kelly, Ortberg, Dave Calhoun, Rockwell Collins, —, Alex Harring, Samantha Subin, Lisa Kailai Han, Hakyung Kim, Jesse Pound, Michelle Fox Organizations: FactSet, Nuclear Regulatory Commission, Nuclear, AMD, Nvidia, Qualcomm, Arista Networks, Mizuho, DuPont de Nemours, DuPont, Humana, Starbucks, LSEG, Marriott, Constellation Energy, Constellation, Boeing, Rockwell, Collins Aerospace Locations: Texas, Japan, Korea, Tuesday's

☆ Lost in the market's sharp rotation out of tech stocks is a really bullish call on major banks
▼ + stars: | 2024-07-30 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Banks shining : Lost in the shuffle of all the earnings earlier and another tech selloff was a bullish note on large-cap banks from Morgan Stanley analyst Betsy Graseck. Before Wednesday's open, we get earnings from Club stocks GE Healthcare and DuPont . As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Jerome Powell, Stanley Black, Decker, Morgan Stanley, Betsy Graseck, Graseck, Goldman Sachs, Wells, Grasck, Kraft Heinz, Wednesday's, Jim Cramer's, Jim Organizations: CNBC, Nvidia, Stanley, Citi, Bank of America, JPMorgan, Microsoft, Devices, Arista Networks, Pinterest, Caesars Entertainment, Electronics Arts, GE Healthcare, DuPont, Boeing, Cruise Line, Mastercard, Humana, Trane Technologies, Jim Cramer's Charitable

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