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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPalo Alto CEO on CrowdStrike fallout, IBM deal and cybersecurity issuesNikesh Arora, Palo Alto Networks CEO, joins 'Closing Bell: Overtime' to discuss closing the IBM deal and the business impact in the wake of the CrowdStrike outage.
Persons: Nikesh Arora Organizations: Palo, IBM, Palo Alto Networks
New York CNN —Chipotle is already getting into the Halloween spirit. The fast-casual chain announced a costume collection with Spirit Halloween Wednesday, the seasonal Halloween costume store that pops up every year in abandoned storefronts. Two years ago, it posted a fake “Chipotle Fork” bodysuit with the caption “Found ur costume.” Then last year, another fake “Chipotle Napkin” costume showed up on its Instagram. The Chipotle Fork costume, for example, is just a plain black, polyester bodysuit. “Our popular Halloween tradition, Boorito, began with a burrito-themed costume contest and now we’re taking it to the next level with the launch of our first-ever costume collection in collaboration with Spirit Halloween,” said Chris Brandt, chief brand officer at Chipotle in a statement.
Persons: New York CNN — Chipotle, Chipotle, , Chris Brandt, Brian Niccol, Taco, Scott Boatwright Organizations: New, New York CNN, Burt’s, Retailers, Taco Bell Locations: New York, Canada, Chicago, Denver, Egg Harbor Township, N.J, Los Angeles
Zscaler CEO on guidance, market reaction and CrowdStrike impact
  + stars: | 2024-09-04 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailZscaler CEO on guidance, market reaction and CrowdStrike impactJay Chaudry, Zscaler CEO, joins 'Closing Bell: Overtime' to discuss earnings, the market reaction and stock plunge and outlook for the company.
Persons: Jay Chaudry
United States Steel — The industrial stock plunged 6% after Vice President Kamala Harris opposed the planned sale of United States Steel to Japan's Nippon Steel. She made these statements during a Labor Day rally in front of union members in Pittsburgh, Pennsylvania, where she said that United States Steel was "an historic American company and it is vital for our country to maintain strong American steel companies." NetApp — The data storage stock added 1.6% following an upgrade to buy from hold at Loop Capital. Loop analyst Ananda Baruah listed several catalysts, including NetApp's cloud storage software partnerships and a recent pullback. Bank of America — The bank stock was down fractionally.
Persons: Kamala Harris, Wells, Matthew Akers, Morgan Stanley, Ananda Baruah, Jefferies, Peter Welford, Warren Buffett's Berkshire, Merck's Keytruda, — CNBC's Michelle Fox, Jesse Pound Organizations: United States Steel, Japan's Nippon Steel, Labor, Boeing, Software, Novartis —, Novartis, Bank of America, Warren Buffett's Berkshire Hathaway, Merck, European Commission Locations: Pittsburgh , Pennsylvania, American, Warren
When Taco Bell announced the event back in July, it invited hundreds of fast-food lovers to slow down and enjoy "early retirement" with all-you-can-eat Taco Bell meals and "senior-inspired recreation." Hanging among the racks were limited-edition Taco Bell merchandise, vintage T-shirts, basketball shorts, hot pants, and many, many hats. I opted for the Cantina chicken burrito and soft taco, my favorite new menu items at Taco Bell. Tim revealed he was an avid runner who had trekked two miles to grab a single taco from Taco Bell for 97 days in a row. Anneta Konstantinides/Business InsiderWhen I asked Rotter why Taco Bell was so important to him, he recalled a trip to the only Taco Bell in Hawaii that sells kalua pork, where the staff lit up over his Hawaiian Taco Bell shirt.
Persons: , Taco, Taco Bell, Uber, tacos, Kenny Rotter, Rotter, fanny, there's, Snoop, I've, Anneta, Taylor Montgomery, Taco Bell's, Montgomery, Dolly Parton, Bell, Gen Z, Tim, dink, influencer Joey Zauzig, Zauzig, Will, James, Caroline Organizations: Service, Taco Bell, Bell, Business, New York, Subway, Planters, KFC, Mac Locations: San Diego, La Valle, San Diego's, Santa Fe, Los Angeles, San, Woodstock, LA, Taco, Hawaii, America
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoogle Cloud CEO and Accenture CEO talk investments in generative AI and cybersecurityThomas Kurian, Google Cloud CEO and Julie Sweet, Accenture CEO, join 'Closing Bell Overtime' to talk announcement the two are expanding their investments in generative AI and cybersecurity.
Persons: cybersecurity Thomas Kurian, Julie Sweet Organizations: Google, Accenture
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full exclusive interview with Google Cloud CEO Thomas Kurian and Accenture CEO Julie SweetThomas Kurian, Google Cloud CEO and Julie Sweet, Accenture CEO, join 'Closing Bell Overtime' to talk announcement the two are expanding their investments in generative AI and cybersecurity.
Persons: Thomas Kurian, Julie Sweet Thomas Kurian, Julie Sweet Organizations: Google Cloud, Accenture, Google
Shortly after the opening bell, we'll sell 30 shares of Palo Alto Networks at roughly $349.50 each. Following Monday's trade, Jim Cramer's Charitable Trust will own 230 shares of PANW, decreasing its weighting to 2.4% from 2.71%. PANW YTD mountain Palo Alto Networks YTD Monday's trim of Palo Alto Networks was signaled both before and after last week's strong earnings report , especially when it was up about 8% last Tuesday . 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's, Friday's dovish, Jerome Powell, Jackson, Jim Cramer, Jim Organizations: Palo Alto Networks, Federal, CNBC Locations: Palo, cybersecurity
Jefferies' Sheila Kahyaoglu talks Boeing's latest blow with NASA
  + stars: | 2024-08-26 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJefferies' Sheila Kahyaoglu talks Boeing's latest blow with NASASheila Kahyaoglu, Jefferies managing director, joins 'Closing Bell Overtime' to talk NASA opting to use SpaceX over Boeing Starliner.
Persons: Email Jefferies, Sheila Kahyaoglu, Jefferies Organizations: NASA, SpaceX, Boeing Starliner
A California baseball stadium featured in the Hollywood blockbuster “A League of Their Own” was destroyed by a fire late Thursday, officials said. The Jay Littleton Ballpark, in Ontario, California, went up in flames about 11:30 p.m. and is a “a total loss,” city spokesperson Dan Bell said. “If you look up and down the street, you have baseball lovers everywhere,” Ontario Eastern League president Aaron Matthiesen told NBC Los Angeles, adding that some were in tears. “This ballpark has been the heart of Ontario, the historic ballpark, the place to play for our kids. “I have two young kids in our league, and the dream has always been that they get to play at Jay Littleton,” he said.
Persons: Jay Littleton, Dan Bell, ” Bell, , Tom Hanks, Geena Davis, Madonna, , John Cusack, Charlie Sheen, Ruth, Aaron Matthiesen, They’re Organizations: Hollywood, National Register of Historic Places, Little League, Ontario Orioles, Dodger, Ontario Eastern League, NBC Locations: California, Ontario , California, Ontario, NBC Los Angeles
US stocks surged as Fed chair Jerome Powell signaled imminent interest rate cuts. "The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data," Powell said. AdvertisementUS stocks rallied on Friday with the Dow Jones Industrial Average gaining more than 450 points after Federal Reserve Chairman Jerome Powell confirmed that interest rate cuts are near. That should pave the way for an interest rate cut at the Fed's FOMC meeting in September. AdvertisementWith interest rate cuts imminent, investors are now asking how big the Fed will cut rates by.
Persons: Jerome Powell, Powell, , Ryan Detrick Organizations: Jackson, Service, Dow Jones Industrial, Federal, Treasury, Fed Locations: Here's
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA September Fed cut will lead to more cuts this year, says PIMCO's Richard ClaridaRichard Clarida, PIMCO global economic advisor, joins 'Closing Bell' to discuss Powell's remarks at Jackson Hole and what it means for the upcoming FOMC meetings.
Persons: PIMCO's Richard Clarida Richard Clarida, Jackson
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors with short time horizons should lock in rates, says Mercer's Olaolu AgangaOlaolu Aganga, Mercer U.S. Chief Investment Officer, joins 'Closing Bell Overtime' to talk how investors should adjust to recent comments from Fed Chair Powell.
Persons: Mercer's, Aganga, Powell Organizations: Mercer U.S, Chief Locations: Mercer
While expectations are high and caution is certainly warranted, we don't think it's quite that simple. While the Oscillator and Williams' work do point to possible selling pressure ahead, we don't want to get too bearish. However, we don't think the risks are so elevated as to warrant more than a small cash raise. We still view Nvidia as an "own it, don't trade it" stock, but we also don't keep our heads in the sand. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Jim Cramer, Larry Williams, Williams, Jim, Estee Lauder, Morgan Stanley, hasn't, they've, We're, Jim Cramer's, Dominika Organizations: Nvidia, Club, Abbott Laboratories, Federal, Blackwell, Apple, Microsoft, Super Six, Jim Cramer's Charitable, CNBC, Nurphoto, Getty Locations: Williams
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJuly new homes sales numbers are 'almost too good to be true,' says Oppenheimer's Tyler BatoryTyler Batory, Oppenheimer executive director, joins 'Closing Bell' to discuss the housing market and what's at stake for homebuilder stocks as the Fed signals potential rate cuts.
Persons: Oppenheimer's Tyler Batory Tyler Batory, Oppenheimer
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBank of America Poonawala talks impact of rate cuts on the banking sectorEbrahim Poonawala, Bank of America Securities Head of North American Banks Research, joins 'Closing Bell Overtime' to talk a possible dovish pivot from the Fed and the impact of the financial sector.
Persons: Ebrahim Organizations: Email Bank of America, Bank of America Securities Head, American Banks Research, Fed Locations: Ebrahim Poonawala
Chewy — The pet retailer stock advanced more than 2% on an upgrade from Piper Sandler to outperform from neutral. The company also announced a $300 million stock buyback plan. The company topped earnings estimates by 9 cents a share and matched revenue estimates of $5.25 billion. Workday posted adjusted earnings per share of $1.75 on $2.09 billion in revenue. Analysts polled by LSEG had forecasted $1.65 earnings per share and revenue of $2.07 billion.
Persons: Piper Sandler, Warby Parker, Warby, Wells, Bill.com, LSEG, , Samantha Subin, Jesse Pound, Pia Singh Organizations: , JPMorgan, JMP Securities, UBS, BJ's Wholesale, Ross Locations: Vegas, Macau, Wells Fargo
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Edward Jones’ Mona Mahajan and Truist’s Keith LernerEdward Jones’ Mona Mahajan and Truist’s Keith Lerner, join 'Closing Bell' to discuss Jackson Hole and the market reaction.
Persons: Edward Jones ’ Mona Mahajan, Truist’s Keith Lerner Edward Jones ’ Mona Mahajan, Truist’s Keith Lerner, Jackson
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailImpact of Fed cuts will lag, investors should prepare for slowdown, says Innovator's UrbanowiczTim Urbanowicz, Innovator ETFs head of research, and Jim Paulsen, Paulsen Perspectives author, joins 'Closing Bell Overtime' to talk the day's market action and recent Fed comments.
Persons: Innovator's, Tim Urbanowicz, Jim Paulsen, Paulsen
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. "We're debating maybe taking some profits into the quarter," Marks said, adding that big-ticket items like appliances aren't selling well right now given the weaker consumer. 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, Stocks, Jerome Powell's dovish Jackson, Powell, Jeff Marks, Evercore, Blackwell, Marks, Jim Cramer's, Jim Organizations: CNBC, Federal, Tech, Nvidia, Broadcom, Devices, Club, AMD
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUse the market volatility to diversify, says Edward Jones’ Mona MahajanEdward Jones’ Mona Mahajan and Truist’s Keith Lerner, join 'Closing Bell' to discuss Jackson Hole and the market reaction.
Persons: Edward Jones ’ Mona Mahajan Edward Jones ’ Mona Mahajan, Truist’s Keith Lerner, Jackson
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSmall caps have a long room to run, says Gabelli Funds' Kevin DreyerKevin Dreyer, Gabelli Funds co-CIO, joins 'Closing Bell' to discuss his playbook for stocks.
Persons: Kevin Dreyer Kevin Dreyer Organizations: Gabelli
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe bullish drivers of the market haven't changed, says Ned Davis' Ed ClissoldEd Clissold, Ned Davis Research chief U.S. strategist, joins 'Closing Bell' to discuss the Fed and his market outlook.
Persons: Ned Davis, Ed Clissold Ed Clissold Organizations: Ned Davis Research
Opening Bell: August 23, 2024
  + stars: | 2024-08-23 | 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 EmailOpening Bell: August 23, 2024Watch the opening bell for the New York Stock Exchange and the Nasdaq from August 23, 2024
Organizations: New York Stock Exchange, Nasdaq
In recent weeks, Wall Street has placed greater emphasis on jobs data as investors try to gauge the health of the U.S. economy. As we've seen at various points this summer, political developments may also be influencing moves on Wall Street. 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, Stocks, Jerome Powell's, Powell, Stanley Black, Decker, Jim, It's, chipmaker's, Kamala Harris, Harris, Jim Cramer's Organizations: CNBC, Federal, Jackson, Decker, Nvidia, Blackwell, Democratic National Convention, Jim Cramer's Charitable Locations: U.S
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