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(This is CNBC Pro's live coverage of Wednesday's analyst calls and Wall Street chatter. "At this point, we believe EPS and investor sentiment have troughed and believe the risk-to-reward profile skews favorable," wrote analyst Nik Modi. "However, with minimal upside to our revised $47 price target and a relatively 'balanced' risk-reward between our $28 bear case …. –Samantha Subin 5:54 a.m.: Wall Street stands by Alphabet, AI potential post-earnings Wall Street analysts remain bullish on the outlook for Alphabet , even after the stock fell on the back of its second-quarter results. His price target of $425, up from $320, implies upside of more than 28% from Tuesday's close.

Persons: Goldman Sachs, Lauder, Estee Lauder, Nik Modi, Modi, Estee, – Samantha Subin, Morgan Stanley downgrades, Morgan Stanley, Adam Jonas, Jonas, Samantha Subin, Dan Levy, Tesla, Michaeli, Bernstein's Toni Sacconaghi, Mark Delaney, GOOGL, Doug Anmuth, Justin Post, Eric Sheridan, Brent Thill, Sheridan, Fred Imbert Organizations: CNBC, Spotify, RBC, Markets, Motors, GM, General Motors, Tesla, Barclays, YouTube, Bank of America, Google, Jefferies Locations: China, 1H25, Tuesday's

☆ Goldman Sachs says this audio streaming giant is primed to rally nearly 30%
▼ + stars: | 2024-07-24 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Goldman Sachs is turning bullish on Spotify after its solid earnings report this week. Analyst Eric Sheridan upgraded the streaming stock to buy from neutral and raised his 12-month price target by $105 to $425, suggesting nearly 29% potential upside. Spotify reported record quarterly earnings on Tuesday that sent shares up nearly 12%, marking the stock's biggest one-day gain since January 2023. He anticipates the upside scenario would be for the company to repurchase as much as roughly 25% of its current market cap through 2029. Sheridan expects Spotify could also see compounding revenue growth in the mid-teens in the next three to five years.

Persons: Goldman Sachs, Eric Sheridan, Sheridan Organizations: Spotify, Sheridan

☆ ‘Coup’ and ‘Cover-Up’: How the G.O.P. Is Reacting to the Harris Candidacy
▼ + stars: | 2024-07-24 | by ( Karen Yourish | Lazaro Gamio | ) www.nytimes.com time to read: +7 min

Recent polling suggests nearly 9 in 10 Americans believe Mr. Biden’s decision to step aside was the right one. 65 called Mr. Biden’s withdrawal a coup or said it amounted to election interference. These statements have tended to argue that Mr. Biden’s decision to end his candidacy was not his own, was not democratic or both. Some of this language began to bubble up among Republicans even before Mr. Biden announced that he would drop out. One common line of attack, positing that Ms. Harris failed as a “border czar,” is misleading.

Persons: ’, Joe Biden, ‘, Harris, Kamala Harris, Biden’s, Harris’s, Biden, Mr, Biden —, —, ’ Thomas Massie, Trump, ’ Mark Alford, Josh Hawley, Donald J, Chris LaCivita, Trump’s, ”, I’m, Biden Harris, he’s, ’ Eric Schmitt, Roger Marshall Senator, Kan, Kat, ‘ Kamala Harris, ’ Ron DeSantis, ’ Jack Bergman, ’ Mike Johnson, ‘ Where’s Biden, Nancy Mace, S.C, ’ Markwayne Mullin, Okla, ’ Lauren Boebert, ” Harris, Greg Abbott Governor, ’ Elise Stefanik, Cackling Kamala, ’ Warren, ‘ Fran, ’ Mike DeWine, ’ Lindsey Graham, ’ Lisa Murkowski Organizations: Left, New York Times, White, The Times, ’ Thomas Massie Representative, Republican, Convention, Biden, Kat Cammack, Fla, House, Democrats, Colo, Far Left Democrats ’, ’ Warren Davidson Representative Locations: Delaware, Covid, Ky, Mo, Fla, Washington, Greg Abbott Governor , Texas, Ohio, Alaska

☆ The long tale of the yacht linked to a Russian oligarch and abandoned in the Caribbean for more than 2 years finally draws to a close
▼ + stars: | 2024-07-23 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +1 min

An undisclosed buyer picked up the Alfa Nero for $40 million last week. The sale ended an ownership tug-of-war, which included ex-Google CEO Eric Schmidt. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAn undisclosed buyer has finally stepped up to the helm of the Alfa Nero superyacht, ending a two-year-long saga, Bloomberg reported on Tuesday. That buyer agreed last week to pay $40 million, a huge discount to the $67.6 million that former Google CEO Eric Schmidt bid last year, a deal he eventually abandoned.

Persons: Alfa Nero, Eric Schmidt, —, Alfa Nero superyacht Organizations: Alfa, Service, Bloomberg, Business Locations: Antigua, Barbuda

Discover it® Cash Back OverviewIf you prefer earning cash back without paying an annual fee, the Discover it® Cash Back is one of the best cash back credit cards out there. Discover it® Cash Back Benefits and FeaturesThe Discover it Cash Back is a fairly straightforward card. Like the Discover it® Cash Back, it has no annual fee and Discover will match your cash back earned after your first account year. Like the Discover it® Cash Back, the Citi Custom Cash℠ Card has no annual fee. Discover it® Cash Back Frequently Asked QuestionsWhat credit score do I need to be approved for the Discover it® Cash Back?

Persons: you’ve, You'll, That's, you've, you'll, Chase, There's Organizations: Business, Citi, Walmart, Discover, American Cancer Society, Children's Miracle Network, Diabetes Research Foundation, World Wildlife Fund, Cash Locations: Discover

☆ The Olympic Games face a unique set of potential security threats in Paris. Organizers say everyone will be safe
▼ + stars: | 2024-07-23 | by ( Ben Church | ) edition.cnn.com time to read: +7 min

Opening Ceremony like no-otherThe Opening Ceremony of the Paris Olympics is set to take place on July 26 and will be the first ever held on a river. For years, French officials had boasted that some 600,000 people would attend the Opening Ceremony, but that number has been slashed due to safety concerns. He said a “strictly controlled” zone alongside the banks of the river will be closed off before the Opening Ceremony and anyone entering into it would be checked. The Opening Ceremony will be held alongside the banks of the River Seine. The Stade de France is where track and field events and Rugby Sevens matches will take place at the Paris Olympics.

Persons: Gérald Darmanin, Darmanin, Nicolas Nordman, ”, Gonzalo Fuentes, Nordman, Denis, Dale Buckner, ” Buckner, ” Darmanin, “, Eric Chasboeuf, Thomas Padilla, “ I’ve, ” Chasboeuf, Buckner Organizations: CNN, Summer, Games, Palestinian, Atlanta Games, Reuters, Paris, Paris Mayor, Olympic, Stade de France, Rugby Sevens, Global Locations: Paris, France, Saint

☆ John Mayall, influential Blues musician, has died at 90
▼ + stars: | 2024-07-23 | by ( Dan Heching | Dalia Faheid | ) edition.cnn.com time to read: +3 min

CNN —John Mayall, a pioneering Blues musician who was recently announced as a 2024 inductee into the Rock & Roll Hall of Fame, has died. “It is with heavy hearts that we bear the news that John Mayall passed away peacefully in his California home yesterday, July 22, 2024, surrounded by loving family. John Mayall gave us ninety years of tireless efforts to educate, inspire and entertain,” the message said. Called “the godfather of British blues” by the Rock & Roll Hall of Fame, the singer-songwriter, multi-instrumentalist and bandleader was a pioneer of Blues music in England during the 1960s. Mayall was inducted into the Blues Hall of Fame in 2016.

Persons: CNN — John Mayall, Mayall’s, John Mayall, John, Queen Elizabeth II, Mayall, “, ”, Eric Clapton, Joe Walsh, Steve Van Zandt, Alex Lifeson, Peter Green, Mick Taylor, Jack Bruce, John McVie, Mick Fleetwood, Aynsley Dunbar – Mayall Organizations: CNN, Roll Hall of Fame, Blues, Blues Hall of Fame, Hall of Fame, of Fame, Facebook Locations: California, England, British, Cheshire, Los Angeles, United States, Europe

☆ Analysis: Harris gets a dream start, but the task ahead is monumental
▼ + stars: | 2024-07-23 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

Her multi-hour phone blitz to Democratic Party power players on Sunday hinted at an operation primed ahead of time but that was kept secret and didn’t leak. The vice president has shown signs of improving her political skills recently, but that’s never been her forte. In a memo to reporters, the Trump campaign previewed a blistering assault to come on Harris. Harris is the least popular vice president in history – which is no surprise given her terrible record,” the memo said. The question now is whether Harris, who has exhibited considerable political liabilities as vice president, has the skills, staying power and luck to take advantage.

Persons: CNN — Kamala Harris, Joe Biden –, Donald Trump, Harris, Biden, Nancy Pelosi, Biden’s, Pelosi, Harris –, Trump, that’s, Barack Obama, Susie Wiles, Chris LaCivita, “ She’s, Joe Biden, ” Harris carves, He’s, pollsters, • Harris, Ben Wikler, ”, outpolled, Nikki Haley, “, you’re, we’ve, Eric Swalwell, CNN’s John Berman, Chris Sununu, ’ ” • Harris, Hakeem Jeffries, Chuck Schumer, Kamala Harris, ” Harris, anoint Harris, •, It’s, Vance, “ Kamala Harris Organizations: CNN, Democratic, Democratic Party, Sunday, Trump, Biden, Republican, GOP, Chicago . Governors, Wisconsin Democratic, Badger, Former South Carolina Gov, ” Democratic, • New, • New Hampshire Republican Gov, White, National Collegiate Athletics Association, Paris Olympics, • Locations: Wilmington , Delaware, Covid, Washington, America, Harris, Chicago ., California, •, • New Hampshire, Iowa, American

☆ Wisconsin: Harris makes first trip to battleground state since launching presidential campaign
▼ + stars: | 2024-07-23 | by ( Eric Bradner | Betsy Klein | ) edition.cnn.com time to read: +6 min

She had also raised more than $100 million from 1.1 million different donors — 62% of them first-time contributors — between Sunday and Monday, a Harris campaign official said. Top Wisconsin Democratic officials, including two-term Gov. They are among a long list of Democratic officials and candidates who appeared with the vice president on Tuesday. Harris’ campaign, inheriting the infrastructure put in place during Biden’s candidacy, has 48 coordinated offices in 43 counties in Wisconsin, including 160 full-time staffers. The trip to Wisconsin — one of the three “Blue Wall” states, alongside Pennsylvania and Michigan — is Harris’ fifth there this year and ninth since becoming vice president.

Persons: Kamala Harris, Donald Trump, Harris ’, Trump, Joe Biden, Harris, “, cheaters, Donald Trump’s, Hillary Clinton, Biden, ”, ” Harris, ” Trump, “ We’re, Chuck Schumer, Hakeem Jeffries, Schumer, Tony Evers, Sen, Tammy Baldwin, it’s, North Carolina’s Roy Cooper, Arizona’s Mark Kelly, Andy Beshear, Josh Shapiro, Eric Holder, Beshear, Ohio Sen, JD Vance, MAGA, ” Beshear, CNN’s Kaitlan Collins, CNN’s Arlette Saenz, Jeff Zeleny Organizations: CNN, Democratic National Convention, Democratic, Trump, Heritage Foundation, Biden, Top Wisconsin Democratic, Harris, Kentucky Gov, Burling, Ohio Locations: Wisconsin, Milwaukee, California, Pennsylvania, Michigan, Arizona , Nevada , North Carolina, Georgia, North, Covington

☆ Big Tech gears up for earnings
▼ + stars: | 2024-07-23 | 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 EmailBig Tech gears up for earningsEric Sheridan, Goldman Sachs tech analyst, joins 'Money Movers' to discuss big tech as companies like Alphabet and Meta are set to report their earnings.

Persons: Eric Sheridan, Goldman Sachs

Elite membership tiersAmerican Airlines has four tiers of elite membership: AAdvantage Gold, AAdvantage Platinum, AAdvantage Platinum Pro, and AAdvantage Executive Platinum. You can earn Loyalty Points from flying on American Airlines, using a co-branded American Airlines credit card, or traveling with American Airlines partners. Earn miles with Barclays and Citi AAdvantage credit cardsThe easiest and quickest way to rack up American Airlines miles is by using an American Airlines AAdvantage credit card. American Airlines AAdvantage® MileUp®While not as lucrative as some of the other available American Airlines credit cards, at least the American Airlines AAdvantage® MileUp® doesn't charge an annual fee. American Airlines customers earn AAdvantage miles by flying with American Airlines or partner airlines, using AAdvantage co-branded credit cards, and participating in shopping and dining programs.

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The Aeroplan® Credit Card earns points directly, or you can transfer flexible points to Aeroplan. Using Aeroplan credit cardsThe Aeroplan® Credit Card is the only U.S. credit card that earns Aeroplan points directly. Aeroplan® Credit Card cardholders can also redeem Aeroplan points toward any eligible travel purchase through Chase Pay Yourself Back. So if you transferred 60,000 Marriott Bonvoy points, you'd end up with 20,000 Aeroplan points, plus a 5,000-point bonus for a total of 25,000 Aeroplan points. Aeroplan Rewards frequently asked questionsHow can I earn Aeroplan points without flying?

Persons: we'll, Aeroplan, Chase, It's, cardholders, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, you’re, Bilt, Experian, TransUnion ™, Equifax, —, Hilton Organizations: Business, Business †, Marriott, Air Canada, Star Alliance, Read, Rewards, Canada, United Airlines, Lufthansa, ANA, Air, Air Canada Flying Air, Travelers, Air Canada Partner Airlines Aegean Airlines Aer Lingus Air China Air, Air Dolomiti Air India Air Mauritius Air New Zealand Air Serbia All Nippon Airways, Austrian, Avianca Azul, Airlines Bamboo Airways, Calm, North Cathay, Central Mountain Air Copa Airlines Croatia Airlines Egyptair Emirates Ethiopian Airlines Etihad Airways, GOL, Air Juneyao Airlines, Polish Airlines Lufthansa Middle East Airlines Olympic Air Oman Air PAL Airlines Scandinavian Airlines Shenzhen Airlines Singapore Airlines South African Airways SriLankan Airlines, TAP Air, Turkish Airlines United Virgin Australia Vistara, United, Air New Zealand, American Express, Chase, FDIC, Singapore Airlines, Global, TSA, Express, Hilton, Saks, Entertainment, Disney, ESPN, The New York Times, Street, American, Walmart, Saks Fifth, Capital, One, Premier, Chase Travel, Sapphire, Hotel, Chase Sapphire Reserve, Aeroplan, ™ Card, Mastercard, Alliance, Coast Hotels, Hilton Honors, Radisson, Wyndham, Avis, Budget, Apple, JetBlue, Fly United, All Nippon Airways Locations: Canada, Canadian, United, Air Canada, Air Canada Flying Air Canada, U.S, cardholder, Singapore Airlines ., rideshares, Hulu, Aeroplan, Alaska, Hyatt, America, Mexico, Central America, Caribbean, Europe, East, Africa, India, Asia, Oceania, Australia, New Zealand, South America, North America, West Coast, Hawaii, Seattle, Vancouver, Tokyo, Frankfurt, Chevron

CNN —With President Joe Biden’s support unleashing a flood of endorsements from many prominent Democrats across the country, Kamala Harris has emerged as the favorite to take his place as the party’s nominee for president. The campaign formally amended filings with the Federal Election Commission to rename its principal committee and declare Harris a candidate for president. Cooper previously waved off speculation that he might be on the shortlist for vice presidential nominees if Biden steps aside and Harris becomes the nominee. “Are you at least open to the possibility of being a running mate to Vice President Harris?,” Beshear was asked on MSNBC Monday morning. “I’m not going anywhere.”Whitmer, first elected governor in 2018, emerged as a prominent executive during the height of the Covid-19 pandemic.

Persons: Joe Biden’s, Kamala Harris, Harris, Biden, Roy Cooper, Josh Shapiro, Arizona Sen, Mark Kelly, Jeff Zeleny, Shapiro, ”, Barack Obama, Donald Trump, Corey Comperatore, Trump, “ Corey, Corey, ” Shapiro, ” Roy Cooper, “, Cooper, ” Cooper, Mark Kelly Arizona Sen, Gabby Giffords, Kelly, Katie Hobbs, Andy Beshear, Beshear, ” Beshear, He’s, Steve Beshear, J.B, J.B . Pritzker, Pritzker, Wade, Chicago Mayor Brandon Johnson, Pete Buttigieg, It’s, Buttigieg, Mike Pence, Vance, Bill Maher ”, ” Vance, ” Buttigieg, Gretchen Whitmer, “ I’m, ” Whitmer, Whitmer, She’s, That’s, Abby Phillip, who’s, ” Gavin Newsom California, Gavin Newsom, Ron DeSantis, X, Donald Trump’s, @KamalaHarris, Newsom, CNN’s Tami Luhby, Ethan Cohen, Jasmine Wright, Devan Cole, Gregory Krieg, Edward, Isaac Dovere, Dan Merica Organizations: CNN, Democratic, Federal, Commission, Democratic National Convention, North Carolina Gov, Arizona, Democrats, ” CNN, ” Roy Cooper North Carolina Gov, Republicans, Republican, Biden, North Carolina House of, North, Democratic Party, MSNBC, Senate, GOP, Affordable, Pritzker, Pritzker Illinois Gov, South, Chicago Mayor, White, Transportation Department, Fox News, Yale Law School, Harvard, Trump Republican, Gov, Detroit News, Trump, Golden, Electoral College Locations: Chicago, Pennsylvania, Philadelphia, Butler , Pennsylvania, America, North Carolina, Raleigh, Andy Beshear Kentucky, Bluegrass, Kentucky, Pritzker Illinois, Midwest, South Bend , Indiana, Afghanistan, East Palestine , Ohio, Michigan, Covid, Napa, San Francisco

You can quickly earn United miles with excellent credit cards like the United℠ Explorer Card. Fly on United Airlines and alliance partnersFlying with the airline is the most obvious way to earn United miles. You can also use United MileagePlus miles on a number of airline partners, or choose to earn United miles when flying with airline partners. United Miles Frequently Asked QuestionsHow can I earn MileagePlus miles without flying? You can earn miles through MileagePlus Dining and MileagePlus Shopping, as well as spending on United co-branded credit cards.

Persons: you'll, Platinums, Chase, MileagePlus, You'll, Chase Travel ℠, you’re, Bilt, Experian, TransUnion ™, Equifax, Uber, Miles, Read, There's, United stealthily, Silver, They're, — Organizations: Business, Club, United, Lufthansa, Air Canada, Read, United MileagePlus, United Airlines, United Express, Silver, Premier Golds, Star Alliance, Air, SAS, Singapore Airlines, United Cruises, MileagePlus, United ®, United Club, FDIC, ℠, Card, Card United, Chase Travel, Chase, Sapphire, Hotel, Target, Walmart, Chase Sapphire, TSA, Chase Dining, Sapphire Reserve, Ink, Mastercard, Alliance, Polaris, carrier's Star Alliance, Broadway, Qualifying, Marriott, Premier Gold United, Premier, 1K, Airlines, Star Alliance — Locations: Air Canada, airfare, Canada, United, Chase TravelSM, United.com, skyrocket, Europe, Asia, Chevron

Types of savings accountsRegular savings accountsRegular savings accounts are the type of savings account you could expect to open at a brick-and-mortar bank. High-yield savings accountsWhen compared to regular savings accounts, high-yield savings accounts pay significantly higher rates. Money market accounts and savings accounts differ in two main ways: Money market accounts frequently come with debit cards, ATM cards, and checks, while savings accounts generally have a lower opening deposit requirement. A high annual percentage yield is especially important if you are looking for a high-yield savings account, rather than a regular savings account at an in-person bank. How to open a savings account: FAQsHow long does it take to open a savings account?

Persons: We've, you'll, it's, Banks Organizations: Mobile, Western Alliance Bank, Yield, Federal Reserve Locations: They're

“The award of $464 million in a case with no victims, no proven injuries, and no losses is not remotely defensible,” Trump’s lawyers wrote. According to Trump’s attorneys, Trump personally should have been dismissed as a defendant. The Trump attorneys accused Engoron of enacting a “punitive” penalty against the former president that was unconstitutional. Just like at trial, Trump’s lawyers in particular took issue with a reference in Engoron’s summary judgment opinion that Trump’s Mar-a-Lago resort was valued at $18 million. During the trial, Engoron said that he was not trying to assess the value of the property when he referenced the tax assessor value.

Persons: Donald Trump, Arthur Engoron, Trump, – Donald Trump Jr, Eric Trump –, “, ”, Engoron, Ivanka Trump, Letitia James, Trump’s, Lago, Chris Kise, ” Kise Organizations: CNN, New, Trump Organization, Post, Trust, New York, Trump, Post Office Locations: York, New York, Washington ,, Manhattan, Lago

☆ Energized Democrats quickly consolidate around Harris
▼ + stars: | 2024-07-22 | by ( Eric Bradner | ) edition.cnn.com time to read: +9 min

Democratic congressional leaders had remained quiet so far — but there were signs that could soon change. Massachusetts Rep. Katherine Clark and California Rep. Pete Aguilar, the second- and third-ranking House Democrats, endorsed Harris on Monday morning. The Clintons, in a statement Sunday, endorsed Harris; Obama did not, deferring to the party’s process. In those phone calls, Harris made clear that while she was grateful for Biden’s endorsement, she planned to earn the Democratic nomination in her own right. Longtime Democratic operative Donna Brazile said that she was in the process of gathering delegates to support Harris.

Persons: Kamala Harris, Donald Trump, Harris, Lauren Hitt, —, West Virginia Sen, Joe Manchin, Andy Beshear, North Carolina’s Roy Cooper, California’s Gavin Newsom, Pennsylvania’s Josh Shapiro, South Carolina —, Ohio Sen, Sherrod Brown, Massachusetts Sen, Elizabeth Warren, Alexandria Ocasio, Katherine Clark, Pete Aguilar, Joe Biden’s, Biden, She’d, Harris —, Barack Obama, Bill Clinton, Hillary Clinton, Obama, Amos Brown III, — Harris ’, “, ”, Harris ’, Donna Brazile, ” Brazile, Muriel Bowser, Joyce Beatty, Jasmine Crockett, Manchin, ” Manchin, Eric Adams, ” Adams, jockeying, Beshear, JD Vance, JD Vance ain’t, ” Beshear, Vance, “ JD Vance, ’ ” Beshear, isn’t, ” Cooper, I’m, Ebony Davis, Aaron Pellish, MJ Lee, DJ Judd, Eva McKend Organizations: CNN, Democratic Party, Democratic, West Virginia, Congressional Black Caucus, Congressional Hispanic Caucus, Congressional Progressive Caucus, Service Employees International Union, American Federation of Teachers, Convention, South Carolina, New York Rep, Massachusetts, California Rep, Howard University, Congressional, Texas Rep, Democratic National Convention, CBS News, New York, New York City Democratic, MSNBC, Republican, North Carolina Locations: North, Tennessee, North Carolina, South, Ohio, Massachusetts, Alexandria, Cortez, California, Washington, DC, Chicago, West Virginia, New York City, Kentucky

☆ Goldman says buy this little-known digital entertainment stock primed to surge more than 200%
▼ + stars: | 2024-07-22 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

Webtoon Entertainment could be a good add for investors looking for exposure to the creator economy, according to Goldman Sachs. The bank initiated the stock with a buy rating and a 12-month price target of $62. Webtoon Entertainment went public last month and priced at $21 per share. First, he thinks Webtoon has exposure to several markets, including a $130 billion paid content market opportunity, the $477 billion advertising space and a $900 billion global entertainment industry. Sheridan also believes that Webtoon could grow revenue at a compound annual rate of 19% through 2029 to roughly $3.5 billion.

Persons: Goldman Sachs, Goldman, Eric Sheridan, Sheridan, Webtoon Organizations: Webtoon, Webtoon Entertainment Locations: North America

CNN —President Joe Biden outraised – and dramatically outspent – the campaign of Republican rival Donald Trump last month, new campaign reports filed Saturday show, raising questions about how long the president’s political team can operate at full throttle if donations dry up. By contrast, Trump’s campaign spent just shy of $10 million, leaving $128 million in its war chest. One fundraiser that proceeded over the weekend in Cape Cod brought in more $2 million, campaign officials said. Trump’s campaign, meanwhile, has consistently spent far less than Biden’s. A super PAC backing Trump’s candidacy, MAGA Inc., meanwhile, entered July with nearly $114 million in available cash.

Persons: Joe Biden outraised –, Donald Trump, –, Biden’s, Ohio Sen, JD Vance, – won’t, Biden, Kamala Harris, ” Harris, Saturday’s, Harris, he’ll, Charlie Spies, Biden outraised, Trump, Reid Hoffman, Eric Schmidt, James Murdoch, Rupert Murdoch, Kathryn, MAGA, Robert Bigelow, Linda McMahon, CNN’s Edward, Isaac Dovere, Samantha Waldenberg Organizations: CNN, Republican, Democratic, Federal, Commission, Republican National Committee, Committee, Biden, Democratic Party, Republican National Convention, Ohio, Street, Trump, PAC, Save, LinkedIn, Google, Fox News, MAGA Inc, Small Business Administration, RAI Services Locations: Atlanta, Cape Cod, New York, Manhattan, Save America

☆ Trump has preached 'unity' since his assassination attempt, but he could become even more radical in the aftermath
▼ + stars: | 2024-07-21 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +7 min

But while some pundits have argued his speech showed he is more subdued and humble in the wake of last week's failed assassination attempt against him, others aren't so sure he's changed at all. And some political scientists and experts on authoritarianism warn Trump could become even more radical after his near-death experience. We are one nation under God, indivisible, with liberty and justice for all," Trump told the RNC crowd as he briefly read messages promoting unity from a teleprompter. Not everyone is certain Trump will change much in the wake of his assassination attempt — for better or for worse. If the assassination attempt does change Trump, the effects may not be immediately apparent — though they are worth being on the lookout for.

Persons: Donald Trump, week's, Trump, Joe Biden, Elizabeth Bennion, Hulk Hogan, Eric Trump's, haven't, Bennion, Timothy Snyder, Snyder, Ruth Ben, Ghiat, Ben, Recep Tayyip Erdogan, Benito Mussolini's, —, Michael Green, didn't, Green, they've, it's Organizations: Service, Republican National Convention, Business, RNC, Indiana University, GOP, Trump, Yale University, New York University, of Democracy and, Defense, University of Nevada Locations: Indiana University South Bend, Turkey

☆ Costs from the global outage could top $1 billion – but who pays the bill is harder to understand
▼ + stars: | 2024-07-21 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

New York CNN —The world learned relatively quickly that cybersecurity firm CrowdStrike was behind a crippling global tech outage on Friday. Billion-dollar billExperts largely agree it’s too early to get a firm handle on the price tag for Friday’s global internet breakdown. His firm estimates that a recent hack of CDK Global, a software firm that serves US car dealerships, reached that $1 billion cost mark. It’s also not clear how many customers CrowdStrike might lose because of Friday. It will be difficult, and not without additional costs, for many customers to switch from CrowdStrike to a competitor.

Persons: CrowdStrike, ”, you’re, Dan Ives, it’s, Patrick Anderson, Anderson, Harry Reid, Ty ONeil, “, James Lewis, Lewis, It’s, Wedbush Securities ’, ” Ives, George Kurtz, ’ ”, Eric O’Neill Organizations: New, New York CNN, CNN, Wedbush Securities, Anderson Economic Group, Harry, Harry Reid International Airport, Microsoft, Center for Strategic, International Studies, SolarWinds, Exchange Commission, CNBC Locations: New York, Michigan, Russian, CrowdStrike

☆ EA college football is back after over a decade. The game and its fans are a lot different now
▼ + stars: | 2024-07-20 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

Courtesy: EA SportsThe 2024 football season officially starts this weekend for many fans, as Electronic Arts rolls out a long-awaited revamp of its college football game. A new eraThe college football game, previously titled NCAA Football, was typically a smaller product for EA, at least compared to titles like Madden. Beyond the gameplay, the changes to the video game also reflect some massive shifts in college football itself, including the advent of the College Football Playoff. A decade ago, college football players had strict restrictions around making money outside of their scholarship. EA Sports College Football 25.

Persons: they've, Anthony Bencomo, Bencomo, Bill Long, Long, Eric Handler, Roth, Madden, Lucas Dolengowski, Dolengowski, Sports Bencomo, I've adulted Organizations: EA, EA Sports College Football, Electronic, XBox, PlayStation, Football, eBay, Sports, College Football, Sports What's Locations: Orlando, Sacramento, Madison , Alabama

☆ The CrowdStrike fail and next global IT meltdown already in the making
▼ + stars: | 2024-07-20 | by ( Kevin Williams | ) www.cnbc.com time to read: +3 min

The reality, however, was much more mundane: a botched software update from the cybersecurity company CrowdStrike. "In this case, it was a content update," said Nick Hyatt, director of threat intelligence at security firm Blackpoint Cyber. And because CrowdStrike has such a broad base of customers, it was the content update felt around the world. In this case, the content update was tied to the CrowdStrike Falcon monitoring software. Software updates should be rolled out incrementally One lesson from the global IT outage, O'Neill said, is that CrowdStrike's update should have been rolled out incrementally.

Persons: Nick Hyatt, CrowdStrike, Hyatt, Harun Ozalp, Eric O'Neill, O'Neill, Peter Avery, Avery Organizations: Microsoft, Anadolu, Getty, FBI, Visual Edge Locations: Ankara, Turkey

Israeli fighter jets bombed sites in Yemen affiliated with the Iran-backed Houthi militia on Saturday in retaliation for a deadly drone attack in Tel Aviv a day earlier, the Israeli military said. The Israeli airstrikes targeted gas and oil depots and a power station in the area of Yemen’s Red Sea port of Hodeidah, two regional officials said. The port is controlled by the Houthis and contains oil export facilities, but also serves as a vital conduit for civilian goods and humanitarian aid to impoverished Yemen. An Israeli military statement said that fighter jets struck targets near the port “in response to the hundreds of attacks” by the Houthis in recent months. The military said it was not tightening its emergency civil defense regulations after the attack, indicating Israeli officials might not expect a more serious escalation.

Persons: Israel, Nasruddin Amer, ”, “ Locations: Yemen, Iran, Tel Aviv, Hodeidah, Israeli, Gaza

☆ Christian Conservatives March Ahead for God, for Country, and for Trump
▼ + stars: | 2024-07-20 | by ( Elizabeth Dias | ) www.nytimes.com time to read: 1 min

One after another, for four days, the testimonies for Donald J. Trump poured out. “God spared his life,” Franklin Graham, the evangelist, proclaimed. “Divine intervention” saved his father from the assassin’s bullet, Eric Trump said. Ben Carson, the former secretary of housing and urban development, said that when he saw his friend “escape death by mere inches” his thoughts “immediately turned to the book of Isaiah, which says, ‘No weapon formed against you shall prosper.’”And Mr. Trump himself said at the Republican National Convention, “I felt very safe because I had God on my side.”As many in the audience nodded and cried in the darkness, the message was unmistakable. Even as his speech was criticized by many for its divisive tone and length, for these believers, Mr. Trump appears supernaturally anointed, an embodiment of God’s blessing.

Persons: Donald J, Trump, “, ” Franklin Graham, ”, Eric Trump, Ben Carson, Isaiah Organizations: Republican National Convention

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