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Elon Musk's $56 billion pay package likely won't be approved by Tesla shareholders, according to Bernstein analyst Toni Sacconaghi. If the pay package is voted down, Tesla stock could fall 5%. AdvertisementTesla investors are set to vote this week on Elon Musk's astronomical pay package, but according to Bernstein analyst Toni Sacconaghi, it's not likely to be approved. According to Sacconaghi, Tesla stock could react negatively and fall about 5% if the package is voted down by shareholders. If Tesla does not receive approval for Musk's pay package, it could lead to a sell-off in the stock, Sacconaghi said.
Persons: Elon Musk's, Bernstein, Toni Sacconaghi, Elon, Sacconaghi, , it's, Tesla, Chris Ailman, let's, Ailman, He's, Dan Ivees Organizations: Tesla, Service, Elon, CNBC, Nvidia, Wall Street, Wedbush Securities
Apple Entered the A.I. Fray
  + stars: | 2024-06-10 | by ( Matthew Cullen | ) www.nytimes.com   time to read: +1 min
After lagging behind its rivals in the artificial intelligence race for the last two years, Apple today announced that its smartphones would soon feature several tools powered by generative A.I. Apple’s A.I. system will offer a rebuilt version of Siri that the company said will be capable of following a conversation. Apple struck a deal with the company to support its A.I. Apple’s move will test whether the tech giant can once again enter a new market and redefine it — as it did with the iPod, the iPhone and the Apple Watch.
Persons: Apple’s, Siri, Apple, , Tripp Mickle, Tripp Organizations: Apple, Apple Watch
The May CPI report, crucial for Fed decisions on rate cuts, is set to be released Wednesday. This week has a Fed meeting, the May PPI, initial jobless claims, and a consumer-sentiment report. AdvertisementIt's shaping up to be a big week for the stock market, with a slew of economic data set to be released, along with a Fed meeting and an all-important Apple event. The Fed meetingThe Fed plans to announce its latest decision on interest rates on Wednesday at 2 p.m. Overall, Lee is feeling good about the prospects for higher stock prices this week amid the economic dataset's release.
Persons: Apple's, , Apple, Tom Lee, Jerome Powell, Lee, it's Organizations: CPI, Service, Apple, Federal Reserve, Fed, University of Michigan
US stocks started the week with gains as the S&P 500 and Nasdaq hit record highs. The all-time highs come ahead of the May inflation report and the Fed's two-day FOMC Meeting. AdvertisementUS stocks climbed to kick the week, with the S&P 500 and Nasdaq 100 closing at record highs. Earlier that day, investors will digest the May consumer price index report, which will set the tone for markets as investors head into the summer months. Economists expect Core CPI to have risen 0.3% month over month last month.
Persons: , Morningstar, Dave Sekera, Jerome Powell, Sekera, Dan Ives, Ives Organizations: Nasdaq, Apple, Service, Federal Reserve, CPI, Here's
More specifically, it’s Alcaraz’s body, but also his mind — to the extent that it so often dictates how his body feels. AdvertisementAlcaraz, the 21-year-old Spanish star who makes tennis fans gasp like no one else can, beat Alexander Zverev of Germany on Sunday to win his first French Open title. Alcaraz’s first French Open is a triumph of perseverance (Frey / TPN via Getty Images)A year ago, it was anything but inevitable. GO DEEPER Game, Set, Match: Carlos Alcaraz beats Alexander Zverev to win first French OpenThe weeks before the French Open had been filled with doubts. Alcaraz at the 2021 ATP Next Gen finals, which he won, beating Sebastian Korda in the final.
Persons: there’s, Carlos Alcaraz’s, Carlos Alcaraz, Alexander Zverev of, Philippe, Chatrier, Alcaraz’s, Frey, TPN, physiotherapists, , Alexander Zverev, Alcaraz, That’s, Sebastian Korda, Julian Finney, Indian Wells, Novak Djokovic, Djokovic’s relentlessness, Djokovic, Sinner, Andrey Rublev, Jan, Lennard Struff, J.J, Wolf, “ I’m, “ It’s, Clive Brunskill, He’d, , Zverev, Alain Jocard, cramp, We’re, ” Zverev, hadn’t, Roland Garros, Tim Goode, Antonio Borga, Dan Goldfarb Organizations: PARIS, Mousquetaires, Getty, U.S, ATP, Miami Open, Wimbledon, Getty Images, Australian, Rio, The Athletic Locations: Italian, Alexander Zverev of Germany, South America, Indian, Paris, Monte Carlo, Barcelona, Madrid, Rome, AFP, Eurasia
European Union Parliament Election 2024: Live ResultsThe first countries are now reporting national estimates. The first overall estimate of parliament seat counts are expected after 2:15 p.m. Eastern. No results EPP S&D Renew ECR Greens ID Left Other No results Greens EPP ID S&D Renew Left Other ECR EPP S&D Renew ECR Greens ID Left Other No results Note: Country-level seat counts are estimates based on available exit polls and other non-official data from member states. Projection of overall seats by group The first overall seat count projection will be available after 2:15 p.m. Eastern. Group Seats Seats 0 0 0 0 + Show more * Newly elected members not allied to any of the political groups in the outgoing parliamentElection results are announced country by country, and voting is organized according to national rules.
Organizations: Union, EPP, Greens, Left, The New York Times
At the same time, Wall Street analysts continue to focus on picking individual stocks that can thrive even in the face of short-term pressures and deliver attractive, long-term returns. Here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Burlington StoresOff-price retailer Burlington Stores (BURL) is this week's first pick. Tarlowe noted that the expansion in Burlington Stores' gross and operating margins helped drive better-than-expected earnings in the first quarter. (See Burlington Stores Stock Charts on TipRanks)AmazonE-commerce and cloud computing company Amazon (AMZN) is also a top pick.
Persons: Jefferies, Corey Tarlowe, BURL, Tarlowe, TipRanks, Ivan Feinseth, there's PagerDuty, Matthew Hedberg, Hedberg Organizations: Burlington Stores Inc, Federal Reserve, Wall Street, Burlington, Burlington Stores, Amazon Web Services, AWS, RBC Capital, Department of Veteran Affairs Locations: Burlington, New York, U.S, Jersey, billings .
Carlos Alcaraz beat Alexander Zverev in the French Open final at Roland Garros 6-3, 2-6, 5-7, 6-1, 6-2 on Sunday. But in the second set, Zverev’s impressive durability really kicked in, and he completely flipped things, taking 14 of 20 points that were five-to-eight-shot rallies. Zverev was even able to ride the momentum of the second set into the third, in which, despite the fluctuating scoreline, he was much the better player. Alexander Zverev’s serve has been superb all tournament, but it faltered when he needed it most. He did it again in the final game at 15-15.
Persons: Carlos Alcaraz, Alexander Zverev, Roland Garros, oscillated, Jannik, Alcaraz, Charlie Eccleshare, Matt Futterman, Zverev, moonballs, Alexander, Novak Djokovic, Emmanuel Dunand, Alexander Zverev’s, Clive Brunskill, duff, didn’t, , I’m, Eurosport Alcaraz, It’s, Tim Goode Organizations: U.S, Wimbledon, Getty, Eurosport Locations: Paris, AFP
CNN —A group of US officials who publicly resigned over the Biden administration’s Gaza policy are banding together to support ongoing dissent and put pressure on the government to change course. Many of the officials who resigned publicly said they would instead seek to have an impact outside the government. Some of those who publicly resigned had particular breaking points; others said it was the collective toll of incidents throughout the conflict. Biden administration officials have said that they respect differences of opinions. Many officials told CNN they spoke with other officials who had resigned publicly to seek advice before going public with their own resignations.
Persons: Joe Biden, Josh Paul, Harrison Mann, Tariq Habash, Annelle Sheline, Hala Rharrit, Lily Greenberg, Alex Smith, Stacy Gilbert –, Josh Paul CNN “, , Paul, , ” Mann, Gilbert, , Israel, Stacey Gilbert, Stacey Gilbert “, ” Gilbert, Biden, Matthew Miller, Samantha Power, , Smith, Mann, ” Smith, Alex Smith CNN, Greenberg, ” Lily Greenberg, didn’t, ” “, ” Greenberg Organizations: CNN, Biden, Israel, State Department, , US Agency for International Development, USAID, NPR, Interior Department, Army, Defense Intelligence Agency Locations: Gaza, Israel, , United States
A sexually transmitted fungal infection, TMVII, has been reported in the US for the first time. The infection, which resembles eczema, often affects men who have sex with other men. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementResearchers in New York are warning that a sexually transmitted fungal infection that can take months to resolve has been reported for the first time in the US. This story is available exclusively to Business Insider subscribers.
Persons: TMVII, Organizations: Service, New York University, New York State Department of Health, Business Locations: New York, New York City, England, Greece, California, Albany
The top US diplomat “will emphasize the importance of Hamas accepting the proposal on the table, which is nearly identical to one Hamas endorsed last month,” Miller said. Hamas has not yet put forward a formal response to the proposal, which was transmitted to Hamas’ political wing by the Qataris last Thursday. “We would hope for a response from Hamas as soon as possible, and we continue to wait,” Miller said at a press briefing Thursday. The top US diplomat has held a slew of calls to regional partners to discuss the proposal. Miller said on Wednesday that the US has seen both Egypt and Qatar “exert significant pressure on Hamas,” but he refused to get into the details of those separate pressure campaigns.
Persons: Antony Blinken, Blinken, Matthew Miller, , ” Miller, , Joe Biden, Bill Burns, Brett McGurk, Biden, Qatar –, , Miller Organizations: CNN, , Hamas, CIA, US, Qatar, United Nations Locations: United, Gaza, Egypt, Israel, Jordan, Qatar, Turkey
Israel and Hezbollah have traded fire across the Lebanese border since the start of the war in Gaza, with more than 150,000 people on both sides of the boundary forced to flee their homes. But the intensity of the attacks has increased in recent days, leading to fears of a full-scale war on another front. This week, Prime Minister Benjamin Netanyahu of Israel threatened further military action to ensure the return of civilians to communities in northern Israel. Here are some key questions about the conflict and where it might be heading:Why are the two sides fighting? Hezbollah’s leader, Hassan Nasrallah, has said that his group is trying to pin Israel’s troops along the border and limit its capacity to attack Hamas in Gaza.
Persons: Benjamin Netanyahu, Israel, Hassan Nasrallah Locations: Israel, Lebanese, Gaza, Iran, Lebanon
The open calls for revenge have effectively put retaliation on the ballot this November, and Trump allies have said as much. Trump launched his third campaign for president still seething over his 2020 defeat and signaling revenge against those who kept him from a second term. In March 2023, Trump told the Conservative Political Action Conference: “I am your retribution.”At the urging of some advisers, Trump has at times stepped back from the harsh rhetoric. Trump told the same conservative gathering earlier this year, “Retribution is going to be through success.”It’s a sentiment Trump has repeated many times since — including in the days after his hush money trial ended — but it’s not one he appears fully committed to. After his interview with Trump, McGraw told CNN’s Abby Phillip that he tried to get the former president to understand that a “revenge tour” wouldn’t heal the country and bring people together.
Persons: Donald Trump, Phil McGraw, Phil, Trump, ” McGraw, ” Trump, , Sean Hannity, it’s Joe Biden, Hannity, Stormy Daniels, Jim Jordan, Attorney Alvin Bragg, Matthew Colangelo, , Marco Rubio, JD Vance, Ohio —, Biden, ” Rubio, Stephen Miller, ” Miller, Russell Vought, Kellyanne Conway, ” Conway, Hillary Clinton, ‘ Lock, , Steve Bannon, McGraw, CNN’s Abby Phillip, that’s, ” CNN’s Kate Sullivan Organizations: CNN, Fox News, Ohio, Attorney, Trump, GOP, Republican Party, Capitol, Conservative Political, Fox Locations: Manhattan, Marco Rubio of Florida, Washington
Now, there are baby naming consultants who rifle through popularity lists, analyze trends, and recommend the right fit for families. There are companies that specialize in baby names, too. AdvertisementCoffield said she knew she could make a living from baby names when she started talking about it on TikTok. She had previously focused on educating women about how to be empowered while giving birth and casually spoke about baby names a few times. The biggest way to build success in the baby naming business is to make sure people find you credible, Coffield said.
Persons: , influencer Francesca Farago, @francescafarago, ames, earbooks,, ike, ersonal, ake, ince, ure Organizations: Service, Business, Netflix, ust
Steve Bannon must start serving his four-month prison sentence by July 1, a judge ruled. Bannon was convicted in 2022 of contempt of Congress for defying a January 6 Committee subpoena. Bannon plans to appeal to the Supreme Court, claiming the Justice Department cannot silence him. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementSteve Bannon, a staunch ally of former President Donald Trump, must start serving his four-month prison sentence by July 1, a district judge in Washington DC has ruled.
Persons: Steve Bannon, Bannon, , Donald Trump Organizations: Service, Washington DC, Trump, Business Locations: Washington
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRobinhood to buy crypto exchange Bitstamp for $200 million: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Matthew Sigel, head of digital assets research at VanEck, discusses the SEC's decision to approve a rule change paving the way for spot ether ETFs.
Persons: explainers, Matthew Sigel Organizations: CNBC Crypto, CNBC
The stock soared after Roaring Kitty scheduled a livestream on his YouTube channel for this week. The upcoming livestream is titled "Roaring Kitty Live Stream - June 7, 2024" and already has 12,500 YouTubers "waiting" for the stream to start. Gill's The Roaring Kitty YouTube account gained tens of thousands of subscribers on Thursday, climbing to 711,000. AdvertisementLast month, Gill's Roaring Kitty X account posted a slew of memes and sparked a massive rally in meme-stocks, led by shares of GameStop. Gill revealed he owns 5 million shares of GameStop worth more than $200 million based on Thursday afternoon prices.
Persons: Roaring Kitty, Keith Gill's, , Jmoa, Adam Smith, Kitty, Gill, Reddit Organizations: GameStop, Roaring, YouTube, Service, Keith Gill's YouTube, Business Locations: YOLO
Follow live coverage of the 2024 French Open todayWelcome back to the French Open briefing, where The Athletic will explain the stories behind the stories on each day of the tournament. Thursday brought the latest, in the second set of the French Open semifinal between Iga Swiatek and Coco Gauff. A line judge erroneously called a Swiatek serve out instead of in. Hawk-Eye is not in use at the French Open. 1, four Grand Slam titles, and another Grand Slam final with a serve that has a lot of work to be done on it?
Persons: Roland Garros, Swiatek, Coco Gauff, Glyn Kirk, Gauff, Aurelie Tourte, , , Iga, Sabalenka, Elena Rybakina, Naomi Osaka … Jelena Ostapenko, it’s, Laura Siegemund, Edouard Roger, Vasselin, Siegemund, Sofia Kenin, Frenchman, Nicolas Mahut, “ I’m, ” Siegemund, Desirae Krawczyk, Neal Skupski, Roger, Iga Swiatek, Jasmine Paolini, Mirra, Carlos Alcaraz, Alexander Zverev, Casper Ruud, Robert Prange, Eamonn Dalton Organizations: U.S, Getty, Sofia, The Athletic Locations: Gauff, France, Germany
This was the same problem that partially brought Nazi Germany to its knees, wrote Hamish de Bretton-Gordon and James Holland in a commentary published on Wednesday by The Telegraph. They recalled how Nazi Germany had obsessed over the quality of its tanks, chiefly the King Tiger, but meanwhile only managed to produce less than 500 of them. AdvertisementIn total, Nazi Germany built just under 50,000 tanks during the war, while the US built over 100,000. The sheer numbers made a difference in World War II, and they'll make a difference now, de Bretton-Gordon and Holland wrote. Russia's mass-production gameIn June 2023, de Bretton-Gordon praised British armor for its quality in his commentary on the war in Ukraine.
Persons: , Hamish de Bretton, Gordon, James Holland, de Bretton, Holland, that's, King Tiger, Sherman, Bretton, Rishi Sunak, Volodymyr Zelenskuy, Andrew Matthews, what's, laud Organizations: Service, British Army, The Telegraph, Business, CBRN, Nuclear Regiment, Gordon, Soviet Union, Challenger, UK Defense, 1st Royal Tank Regiment, Russia's Locations: Britain, Nazi Germany, Holland, Germany, Soviet Union, Kursk, Lulworth , Dorset, England, Ukraine, Russia, China, British, Moscow
The May jobs report could spark a bearish narrative change in the stock market. AdvertisementA 10% sell-off in the stock market is possible this summer after a massive year-to-date rally, according to JPMorgan. "The combination of earnings season stock performance and narrowing market breadth points to a market that needs a new set of catalysts and/or reassurance about the prevailing market narrative," JPMorgan said. "Momentum unwind"The bulk of the stock market's recent gains have been driven by momentum, with tech stocks leading the advance. AdvertisementJPMorgan said a jobs report below 50,000 to 75,000 range or above the 250,000 to 300,000 range could spark a narrative change and hurt stock prices.
Persons: Organizations: JPMorgan, Service
Iga Swiatek beat Coco Gauff in straight sets (6-2, 6-4) on Thursday to reach her fourth French Open final. After 10 days of mostly solid tennis, Gauff’s tournament ended in a flurry of scorching winners and spraying errors, against a player who generally makes opponents pay for nearly every one. Yet, with the win on Thursday, Swiatek expanded her career-long domination of Gauff to 11 wins in 12 matches. Swiatek broke Gauff’s serve in the next two games, the second time without Gauff winning a point. After Gauff saved two match points, and a third on Swiatek’s serve, the fourth was too far — Swiatek sailing through the finish line in 97 minutes.
Persons: Iga Swiatek, Coco Gauff, Serena Williams, Roland Garros, Naomi Osaka, Swiatek, Gauff, Aurelie Tourte, Gauff’s, Jasmine Paolini, Russian Mirra, Mustafa Yalcin Organizations: Floridian, Getty Locations: Poland, Gauff, Cincinnati, Italian, Russian, Anadolu
Keep reading to learn all about the new season, including where to watch Criminal Minds: Evolution online. Where to watch Criminal Minds: Evolution in the USCriminal Minds: Evolution is available to stream on Paramount+ in the US. This is also where you can catch the previous season of Criminal Minds: Evolution, in addition to all 15 seasons of the original Criminal Minds. See at ParamountWhere to watch Criminal Minds: Evolution in AustraliaCriminal Minds: Evolution is available to stream on Disney+ in Australia. Criminal Minds: Evolution trailerParamount+ released the official trailer for the new season of Criminal Minds: Evolution in May.
Persons: Matthew Gray, Paget Brewster, Joe Mantegna, AJ Cook, Aisha Tyler, Kirsten Vangsness, Adam Rodriguez —, Zach Gilford, we've, ExpressVPN, Gilford's Elias Voit Organizations: Business, CBS, Paramount, NFL, Nickelodeon, Comedy Central, BET, MTV, Showtime, Disney, BAU Locations: Australia
— When Gil Curren's family moved into a run-down farmhouse in Walmart's hometown of Bentonville, Arkansas, in 1971, the now-retail giant wasn't yet a decade old. Craft cocktails, hipster coffee shops and chef-driven restaurants have popped up around the city. Realtor Kristen Boozman, who works for Sotheby's, helps clients search for homes in the Bentonville area, including many buyers who are relocating from another city. Home values have shot up in the Bentonville area. A Walmart spokeswoman said the Walton Family Foundation funds and advocates for affordable housing projects in the Bentonville area.
Persons: Gil Curren's, it's, Sue, Gil Curren, Melissa Repko, Hunt, Tyson, Shawn Baldwin, Sam Walton, Walton, Walton's, Steuart, Tom Walton, Sam Walton's, Alice Walton, Bridges, She's, Crystal Bridges, Kristen Boozman, There's, Donna Morris, Morris, Tracy Robinson, she's, CNBC Tracy Robinson, Robinson, Stanley, Matthew Cooper, Tom, Cooper, he's, district's, It's, Jeff Webster, Bentonville Shawn Baldwin Organizations: Cyclists, Kansas City, CNBC, Walmart, Craft, Fortune, Tyson Foods, PepsiCo, Hershey, Mattel, . Census, Cushman &, Sage Partners, of Commerce, Northwest Arkansas Council, D.C, Ropeswing Hospitality, Bentonville Schools, Excellerate Foundation, Walton Family Foundation, Walton Family, Bentonville Locations: BENTONVILLE, Ark, Walmart's, Bentonville , Arkansas, Bentonville, Kansas, Austin , Texas, New York, U.S, Silicon, It's, Arkansas, Cushman & Wakefield, American, Crystal, Austin, Boise , Idaho, Dallas, Fort Worth, Atlanta, Toronto, New York City, Miami, Washington, New York City , Washington, Bentonville's
Israeli Airstrike on School Kills Dozens in Gaza
  + stars: | 2024-06-06 | by ( Victoria Kim | ) www.nytimes.com   time to read: +4 min
One of the most intense fires threatened homes in the Israeli town of Kiryat Shmona, near the Lebanese border, according to Israeli news outlets. That city, like much of the Israeli border area, has been largely evacuated for months, and no casualties were reported. The Israeli military said that two drones landed in the area of Hurfeish, a Druse village whose citizens are primarily part of an Arab-Israeli minority in Israel. No sirens sounded warning of the attack, according to the Israeli military, which said it was reviewing the incident. The talks are aimed at moving Hezbollah forces away from the border, according to Lebanese and Israeli officials, and other participants.
Persons: Benjamin Netanyahu, Israel, Netanyahu, , Matthew Miller, Biden, , they’ve, Mr, Miller, Herzi Halevi, ” Bezalel Smotrich, Adam Rasgon, Ephrat Livni Organizations: Israel, Wednesday, Hezbollah, Hamas, State Department Locations: Lebanon, Gaza, Israel, Iranian, Lebanese, Kiryat Shmona, Hurfeish, ” Israel
Why Israel-Hezbollah tensions risk boiling over now
  + stars: | 2024-06-06 | by ( Nadeen Ebrahim | ) edition.cnn.com   time to read: +9 min
In Lebanon, Hezbollah is officially considered a “resistance” group tasked with confronting Israel, which Beirut classifies as an enemy state. Since then, the two sides have traded fire sporadically, but tensions boiled over in 2006 when Israel went to war in southern Lebanon after Hezbollah kidnapped two Israeli soldiers. More than 1,000 Lebanese were killed in that conflict, mostly civilians, as well as 49 Israeli civilians and 121 soldiers. The military capability of the Lebanese group has grown since 2006, when it relied largely on inaccurate Soviet-era Katyusha rockets. Hezbollah has fired 35 kilometers into Israel, while Israel has targeted areas of Lebanon more than 120 kilometers north.
Persons: CNN —, Israel, Rina Castelnuovo, Hassan Nasrallah, Heiko Wimmen, , Ramot Naftali, Peter Lerner, ” Amal Saad, ” Saad, Benjamin Netanyahu’s, Ronni, Netanyahu, Bezalel Smotrich, Benjamin Netanyahu, Amir Cohen, ” Naim Qassem, Hezbollah’s, Al, ” Qassem, Jack Guez, Itamar Ben Gvir, Yair Lapid, ” Lapid, Matthew Miller, Biden, , ” Shaked, Iran – Organizations: CNN, Hezbollah, Lebanese, Crisis, Wednesday, Israel Defense Forces, Cardiff University, Truman Institute, Hebrew University of Jerusalem, Yad Vashem, Holocaust, Reuters, Crisis Group, Getty, Lebanese Ministry of Public Health, National, State Department Locations: CNN — Israel, Lebanese Iran, Israel, Lebanon, Beirut, Palestinian, Gaza, Iraq, Syria, Brussels, Israeli, Cross, Jerusalem, Kiryat Shmona, Lebanese, Al Jazeera, AFP, United States, Iran
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