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☆ Want to invest in real estate without dealing with tenants or leaky roofs? Buy these 13 stocks with major rebound potential instead, a strategy chief says.
▼ + stars: | 2024-05-10 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

However, there's an easy way to invest in real estate without breaking the bank or even leaving the couch: buying real-estate stocks, which BMO Capital Markets finds increasingly attractive. But, contrary to what many investors believe, higher rates don't always hurt real-estate stocks, Belski wrote. AdvertisementThe market's misleading narrative about real-estate stocks has made the group remarkably cheap relative to its solid fundamentals, in Belski's view. "The severity of underperformance appears mismatched with the fundamental underpinnings of the group," Belski wrote. 13 real-estate stocks set to outperformInvestors looking to diversify their portfolios should consider 13 stocks in the real-estate sector with outperform ratings from BMO Capital Markets.

Persons: —, Brian Belski, Belski, it's Organizations: Service, Business, BMO Capital Markets, BMO, doesn't Locations: Montreal

☆ REITs outperform in a higher interest rate environment, says BMO Capital's Brian Belski
▼ + stars: | 2024-05-09 | 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 EmailREITs outperform in a higher interest rate environment, says BMO Capital's Brian BelskiBrian Belski, BMO Capital chief investment strategist, joins CNBC's 'Squawk on the Street' to discuss markets, real estate, and more.

Persons: Brian Belski Brian Belski Organizations: BMO, BMO Capital

☆ This restaurant chain specializing in salads is primed to surge nearly 50%, Oppenheimer says
▼ + stars: | 2024-05-07 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

The firm reiterated an outperform rating on the restaurant chain stock and listed it as a top pick. Oppenheimer's $34 per share price target implies nearly 50% upside from Monday's $22.74 close. "We believe the model is in the early innings of a powerful earnings revision cycle," analyst Brian Bittner wrote Monday. Bittner, however, sees Sweetgreen reporting a smaller-than-expected loss due to strong margins. However, "our work suggests now is the time to get aggressive as the model transitions to sustainable EBITDA profitability starting in 2024."

Persons: Oppenheimer, Sweetgreen, Brian Bittner, Sweetgreen's, Bittner Organizations: FactSet

☆ History says this market downturn is just getting started. A veteran strategy chief shares 18 stocks to buy to hedge against risk and gain upside during the recovery.
▼ + stars: | 2024-04-28 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

There have been 13 other market selloffs during the second year of a bull market since 1946, Belski noted. AdvertisementFollowing its 2021 pullback, the S&P 500 finished the second year of its bull market up 22.6% and 11.5% higher than its nadir. Valuations are still historically high, and mega-cap growth companies continue to make up a disproportionately large share of the S&P 500. Since Belski thinks this bull market has legs, he doesn't want to forgo future upside. These firms have higher earnings growth than the median S&P 500 name and also have lower price-to-earnings (P/E) and P/E-to-growth (PEG) ratios — a recipe for success.

Persons: —, pales, Keith Lerner, Truist, Lerner, who've, Brian Belski, he's, Belski, selloffs Organizations: Service, Business, BMO Capital Markets, selloffs

☆ S&P 500 should end 2024 at current levels around our price target of 5,100, says BMO's Brian Belski
▼ + stars: | 2024-04-26 | 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 EmailS&P 500 should end 2024 at current levels around our price target of 5,100, says BMO's Brian BelskiBrian Belski, BMO Capital Markets chief market strategist, joins 'Squawk on the Street' to discuss what Belski expects from equity performance, if bond yields change Belski's long-term market thesis, and more.

Persons: Brian Belski Brian Belski Organizations: BMO Capital Markets

☆ A top exec at PR giant Edelman lays out its plan to invest in generative AI
▼ + stars: | 2024-04-26 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +4 min

To do so, Edelman recently promoted Brian Buchwald to global chair of product and AI to oversee the firm's AI investments. Buchwald joined Edelman in 2023 and was previously the global head of product, trust data, and technology at the firm. Previously, this tool used small language models and now uses generative AI and large language models, Buchwald said. Using generative AI has increased the tool's ability to predict future trustworthiness with 97% accuracy, he said. More broadly, holding companies have made significant investments into generative AI for content creation that compete with Edelman.

Persons: Edelman, Taco Bell, Brian Buchwald, Buchwald, Weber, Interpublic Group's Weber, Jay Pattisall, Forrester Organizations: eBay, Business, New York Times, Google, Adobe, Edelman, WPP Locations: Talkwaker

☆ Copenhagen stunned by devastating stock exchange fire, as police launch probe into blaze
▼ + stars: | 2024-04-17 | by ( Rob Picheta | ) edition.cnn.com time to read: +3 min

CNN —Police launched an investigation Wednesday into the fire that tore through Copenhagen’s famous stock exchange building, causing the collapse of its spire and damaging centuries-old artwork and architecture. “It gives me hope because we have decided to rebuild the stock exchange because it’s part of European history as a trading continent,” he said. The old stock exchange – located only a few minutes walk from Christiansborg Palace – dates back to 1625. It was built in the Dutch Renaissance style at the request of King Christian IV and had recently been undergoing renovations with its facade covered in scaffolding and protective coverings. It has been at the heart of Danish business since then; while it no longer houses the Danish stock exchange, it serves as the headquarters of the Chamber of Commerce.

Persons: Brian Belling, Liselotte, ” Belling, “, it’s, Eva Simoni Lomholdt, Ida Marie Odgaard, Ritzau Scanpix, Brian Mikkelsen, King Christian IV, Mette Frederiksen, ”, Jakob Engel, Schmidt Organizations: CNN — Police, Firefighters, ” Police, Ritzau Scanpix, Reuters, Residents, Notre Dame Cathedral, Getty, Danish Chamber of Commerce, Chamber of Commerce Locations: Copenhagen, Danish, Ritzau, Ritzau Scanpix Denmark, Børsen, Paris, Denmark, AFP, Palace

☆ Caitlin Clark: Here’s what she said after being selected at No. 1 in the WNBA draft
▼ + stars: | 2024-04-16 | by ( Matias Grez | ) edition.cnn.com time to read: +6 min

CNN —Few things in professional sports have ever been as certain as Caitlin Clark being selected as the No. That’s what I’m going to do. I’m going to be in there and be like, ‘Go make a layup.’ She’s going to make my life easy. “If you’re a women’s basketball fan or you’re not a women’s basketball fan, I encourage you to watch the show when it comes out,” Clark says. I think I’m just excited.

Persons: Caitlin Clark, –, Clark, “, ” Clark, ’ She’s, Cameron Brink, Angel Reese, Adam Hunger, ”, Clark Clark, they’re, It’s, Peyton Manning’s, Kamilla Cardoso, Kiki Rice, Brian Babineau, I’ve, it’s, hasn’t, Steph Chambers Organizations: CNN, Iowa Hawkeyes, NCAA Division, Indiana Fever, Boston, South, NCAA, ESPN, Peyton, Chicago Sky, UCLA Bruins, Clark, Getty, Fever, WNBA, Iowa, Phoenix Mercury, Pacers Locations: men’s, Boston, South Carolina, Los Angeles, New York, Peyton Manning’s Omaha, Phoenix Mercury . Iowa, Indianapolis

☆ Buy these 23 stocks set to be long-term leaders while earnings crush estimates this year, according to strategists who've crafted a market-beating portfolio
▼ + stars: | 2024-04-10 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

US stocks could be stuck in quicksand for the rest of 2024 despite robust earnings growth, but investors shouldn't panic. Wall Street expects double-digit earnings growth in 2024. The consensus estimate for S&P 500 profits is about $244, which would be up from $220 in 2023. The so-called SMID-cap cohort lagged its larger peers again in the first quarter, posting a solid 7.6% total return, while the S&P 500 surged 10.6%, including dividends. Six sell-side research analysts cover the typical stock in the SMID-cap S&P 1000 index compared to 17 analysts for the average S&P 500 member, Belski wrote.

Persons: Brian Belski, Belski, Evercore ISI's Julian Emanuel Organizations: Business, BMO Capital Markets, BMO

☆ Elon Musk and X sued by ex-Twitter GM Nick Caldwell over millions in unpaid severance
▼ + stars: | 2024-04-03 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +3 min

Former Twitter exec Nick Caldwell is suing Elon Musk and X, alleging a breach of contract and a failure to pay severance and benefits he was owed after resigning from the company in 2022. Caldwell's suit is similar to one filed by former Twitter executives, including ex-CEO Parag Agrawal, who claim they are owed $128 million in unpaid severance. "With no factual basis, Musk simply accused Mr. Caldwell of misconduct as a ploy to evade paying him millions of dollars in severance benefits that Musk/Twitter owed to Mr. Caldwell," his attorneys wrote. A few days before his resignation from Twitter, Caldwell shared a post on social media saying, "My wife and soulmate Tia Caldwell passed away suddenly the 15th of October. Read the full complaint — Nicholas Caldwell v. Elon Musk, X Corp. et al (Case 3:24-cv-02022) — below.

Persons: Nick Caldwell, Elon Musk, Caldwell, Parag Agrawal, Musk, Twitter, Brian Bjelde, Lindsay Chapman, Dhruv Batura, didn't, soulmate Tia Caldwell, Read, Nicholas Caldwell Organizations: Twitter, SpaceX, Tesla, CNBC, X Corp Locations: California

☆ BMO says there's a buying opportunity in small caps, gives a list of the best ones to buy
▼ + stars: | 2024-03-27 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Since the start of the year, the S & P MidCap 400 index and S & P SmallCap 600 index have added 8.2% and 0.2%, respectively. The large-cap S & P 500, meanwhile, has gained roughly 9.5%. March has proved to be a better month for so-called SMID-cap stocks, however, with the S & P MidCap 400 gaining about 4%, while its large-cap counterpart has added 2.4%. To play this trend, he listed several stocks in BMO's SMID-cap universe that the firm rates as outperform. Other top stocks included in BMO's SMID-cap coverage include social media company Snap , discount retailer Ross Stores and electric power and natural gas supplier Constellation Energy .

Persons: Brian Belski, Belski, Piper Sandler, Thomas Champion, Morgan Stanley, Keith Bachman Organizations: BMO Capital Markets, BMO, BMO's, Software, BMO Capital, Ross Stores, Constellation Energy Locations: Tuesday's, Real

☆ It happened again: These 20 House members, mostly Republican, voted against millions in funding for their own districts
▼ + stars: | 2024-03-22 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

"Ultimately, I don't control what the final language of the total funding bill will be," said Higgins. Higgins voted against the bill, despite securing $2.3 million in federal funding for an emergency operations center at the port in Morgan City, Louisiana. He was one of 20 House members — 15 Republicans and 5 Democrats — who voted against Friday's government funding bill despite securing so-called "earmarks," known officially as congressionally directed spending. Related storiesThe other 30% was contained in a separate funding bill passed roughly two weeks ago, but that bill contained far more earmarks, especially for House members. Nonetheless, 42 House members who secured earmarks voted against it anyway, 40 of whom were Republicans.

Persons: —, Clay Higgins, couldn't, Higgins, congressionally, Pramila Jayapal, Mandel Ngan, Marjorie Taylor Greene, Mike Johnson, Pramila, Jayapal, Greene, Lauren Boebert, Brian Babin, Texas Gus Bilirakis, Florida John Curtis of, Florida John Curtis of Utah Mike Ezell, Mississippi Garrett Graves, Louisiana Michael Guest, Mississippi Diana Harshbarger, Tennessee Clay Higgins, Louisiana Trent Kelly, Mississippi Burgess Owens, Utah Mike Rogers, Alabama Chris Smith of, Alabama Chris Smith of New Jersey Greg Steube, Florida Jeff Van Drew, New Jersey Randy Weber of Organizations: Service, Louisiana Republican, Business, Pentagon, State Department, Department of Homeland Security, Democratic, Seattle Public Library, Getty, Republican, Republicans, GOP, Congressional Progressive Caucus, UN Relief and Works Agency, Louisiana, Alabama Chris Smith of New, New Locations: Louisiana, Morgan City , Louisiana, AFP, Marjorie Taylor Greene of Georgia, Gaza, Washington, Colorado, Texas, Florida, Florida John Curtis of Utah, Mississippi, Utah, Alabama, Alabama Chris Smith of New Jersey, New Jersey, New Jersey Randy Weber of Texas

☆ A long-time bull who predicted this market rally warns that gains are unsustainable — but these 20 stocks can outperform anyway
▼ + stars: | 2024-03-17 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

Brian Belski of BMO Capital Markets was one of the market's most bullish strategists heading into 2024. Market breadth is markedly better in the last few months, according to BMO Capital Markets. For most of 2023, US stocks were disproportionately driven by growth stocks, specifically a handful of top performers. BMO Capital MarketsBelow are 20 stocks with an outperform rating from BMO Capital Markets that look attractive due to their GARP, quality, or value attributes. Along with each name is its ticker, market capitalization, sector, and group or groups that it fits into, according to BMO Capital Markets.

Persons: Brian Belski, It's, Belski, Sharpe Organizations: Business, BMO Capital Markets, Bank, BMO Capital, BMO

☆ We're excessively worried about markets from a sentiment perspective, says BMO's Brian Belski
▼ + stars: | 2024-03-14 | 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 EmailWe're excessively worried about markets from a sentiment perspective, says BMO's Brian BelskiBrian Belski, BMO Capital Markets chief investment strategist, joins 'Squawk on the Street' to discuss Belski's overall attitude towards equity markets, if the market's placing too much priority on Federal reserve rate cuts, and more.

Persons: Brian Belski Brian Belski Organizations: BMO Capital Markets

☆ Key classified documents witness who worked at Mar-a-Lago for 20 years comes forward and says Trump case is 'not a witch hunt'
▼ + stars: | 2024-03-12 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +2 min

Read previewA former Mar-a-Lago employee who is cooperating with federal investigators in Donald Trump's classified documents case says the charges against the former president don't constitute a "witch hunt." Butler told the outlet that he unwittingly helped Trump staffers move 10-15 boxes of sensitive records in June 2022. "I think the American people have the right to know the facts, that this is not a witch hunt," Butler said. Trump has characterized the case — as well as his myriad other legal troubles — as a politically-motivated witch hunt, and has made several ongoing efforts to have the case tossed. "This is so much bigger than me," Butler told CNN.

Persons: —, Donald Trump's, Brian Butler, Jack Smith, Butler, Trump, Walt Nauta, Carlos de Oliveira, who's Organizations: Service, Trump, CNN, Business, Mar

☆ A key witness in Trump's classified documents case went public — and it could complicate Jack Smith's case
▼ + stars: | 2024-03-12 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But the witness' public recall of his role in the saga could cause complications in special counsel Jack Smith's case against Trump, a legal expert told Business Insider. AdvertisementButler's decision to come forward with his name is also surprising given Trump's fierce fan base, Rahmani said. Butler told CNN on Monday he considered going public for months as he watched developments in the case. US District Judge Aileen Cannon is set to hear arguments on two of Trump's motions to dismiss the case on Thursday.

Persons: —, Donald Trump, Jack Smith's, Brian Butler, Jack Smith, Trump, Walt Nauta, Carlos de Oliveira, Butler, Neama, Rahmani, de Oliviera, Smith, Aileen Cannon Organizations: Service, CNN, Trump, Business, Mar, Department, West, Trial, US Locations: Florida

☆ Takeaways from CNN’s sit-down with ex-Trump employee who unwittingly moved classified docs
▼ + stars: | 2024-03-11 | by ( Jeremy Herb | ) edition.cnn.com time to read: +8 min

That was happening at the same time, Butler says, that federal investigators were visiting Trump to discuss returning the classified material in the former president’s possession. ‘Hi, Brian.’ ‘Hi Mr. Trump,’ or ‘President Trump.’ And then he went in and talked to them, but I had no clue who those people were.”‘We’re all dirty. Prosecutors allege that De Oliveira lied to the FBI about whether he knew of the boxes of documents at Mar-a-Lago. Less than 30 minutes later, Butler recalled, De Oliveira received a call from Trump, who told him he would get an attorney. “You know, even the voicemail by the attorney that called me, you know, he says, “I’m representing former President Trump.’ Well, that does me no good.

Persons: Brian Butler, “, Donald Trump, CNN’s Kaitlan Collins, Butler, Trump, Jack Smith, – Carlos De Oliveira, Trump’s, –, Walt Nauta, ” Butler, Evan Corcoran, Brian, ’, ’ De Oliveira, Nauta, De Oliveira, ‘, ”, CNN Butler, De Oliveira’s, De, Susie Wiles, Walt, ’ ” Butler, Carlos, ” Wiles, Cassidy Hutchinson, “ I’m, ’ ” De Oliveira, De Olievra, I’m, who’s Organizations: CNN, Trump, FBI, Walt, Secret, Prosecutors, Justice Department, Mar, ‘ Trump, White, “ Locations: Mar, New Jersey, Casino, Florida, Nauta, Lago

☆ How a key witness lifted the lid on Trump’s handling of classified documents
▼ + stars: | 2024-03-11 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

CNN —A new glimpse inside Donald Trump’s inner circle shows how the ex-president’s men and women often confront a fateful dilemma under huge personal pressure. Butler’s comments are important because they foretell how he might testify in the federal classified documents trial that could be hugely damaging to Trump but that is increasingly unlikely to happen before Americans vote in the fall. Why ‘Trump Employee 5’ broke his silenceIt is too early to say whether Butler’s testimony would be decisive in the federal trial in the classified documents case. Walt Nauta, a Trump personal aide, and De Oliveira, who have not broken with the ex-president, have also denied wrongdoing. Cohen will be a key witness when Trump becomes the first ex-president to go on trial over a hush money case in New York later this month.

Persons: Donald Trump’s, Brian Butler, “, hoarded, Butler, Trump, who’s, ” Butler, CNN’s Kaitlan Collins, ”, Mar, Carlos De Oliveira, Stephanie Grisham, Grisham, ” Grisham, CNN’s Erin Burnett, –, Peter Navarro, Rudolph Giuliani, CNN’s Collins, Jim Sciutto, John Kelly, John Bolton, Adolf Hitler, ‘, ’, Walt Nauta, De Oliveira, John Irving, Jack Smith, Andrew McCabe, Ryan Goodman, Burnett, Smith, Michael Cohen, Cohen, Cassidy Hutchinson, Mark Meadows, Hutchinson, she’s, Cassidy, ” Hutchinson, Joe Biden, Robert Hur, Hur Organizations: CNN, Trump, “ Trump, West Palm Beach, FBI, White, White House, Capitol, New York, Republican, ‘ Trump, Mar, ”, New York University, Republicans, CBS, GOP Locations: Florida, West Palm, New Jersey, Lago, New York

I ended up loading all the luggage I had – and he had a bunch of boxes,” Butler said of Nauta. But I also have a bad feeling that what I’m saying is getting him into trouble,” Butler told CNN. Given his long history at Trump’s club, Butler shed light on potentially critical instances related to the disclosure of classified information. De Oliveira hung up the phone, happily, and told Butler that Trump would provide him an attorney, Butler says. I think we went to sit down,” Butler told CNN.

Persons: Kaitlan Collins, CNN —, Donald Trump’s, Brian Butler, “, Jack Smith, Butler, Trump, Walt Nauta, Carlos De Oliveira, Lago, Donald Trump, CNN Butler, Nauta, De Oliveira, didn’t, ‘, ” Butler, Department’s, he’s, John Irving, Florida Butler, MAGA, Trump’s, ’, I’m, De Oliveria, Brian Butler's, Jeffrey Sloman, De Oliveira nudging, Anthony Pratt, Pratt, there’s, There’s De Oliveira, Melania Trump, putts De Oliveira, Taylor Swift, De, “ Carlos, pats, Butler “, Carlos, ‘ He’s, ’ ” Butler Organizations: CNN, “ Trump, Trump, Mar, Justice Department, West Palm Beach, Palm Beach, CNN The Florida, FBI, Southern, Southern District of, Smith’s, Prosecutors Locations: Mar, Palm Beach , Florida, Trump, New Jersey, Nauta, Palm Beach, Lago, West Palm, Florida, Palm, South Florida, Southern District, Southern District of Florida, Russian, Butler

☆ '2024 will be the year of the zombie VC reckoning.' The first wave of dying venture firms is here and it's already causing headaches for tech founders.
▼ + stars: | 2024-03-04 | by ( Ben Bergman | ) www.businessinsider.com time to read: +10 min

AdvertisementUnlike other businesses, venture firms do not suddenly go out of business. Why it is so difficult to spot a dying fundOpenView Venture Partners announced in December it was suspending new investments and laying off staff. With the help of Pitchbook, BI looked through data for hundreds of venture firms. Hinge last raised a $19 million fund in 2021 but has not made an investment since November 2022, according to Pitchbook. Do you know of a venture firm no longer actively investing?

Persons: —, VCs, Anna Barber, they'll, they're, Roy Bahat, Brian Brackeen, they're reallocating, Beezer Clarkson, Clarkson, Jake Saper, Bahat, Jordan Fudge, Zachary White, Carlos Adame, Fudge, We're, Paul Weinstein, Weinstein, Cofounders Ryan Swager, Brandon Zeuner, Louie, Alsop Louie Partners, Partners Gilman Louie, Stewart Alsop, Jason Preston, Partners Tyler Peterson, Mike Morgan, Robert Patterson, DEFTA, George Hara, Martin Gedalin, Kevin Ober, Hone, Ben Bergman Organizations: Service, Business, Bloomberg Beta, Lightship, Sapphire Partners, BI, Sapphire Ventures, Venture Partners, Foundry Group, Sinai Ventures, Sinai Capital Partners, Capital, San, Louie Partners, Partners, Ventures Peninsula Ventures, LinkedIn Locations: Los Angeles, San Francisco, San Mateo , California, Seattle, Alto, bbergman@insider.com

☆ '2024 will be the year of the zombie VC reckoning.' The first wave of walking-dead venture firms is here and it's already causing headaches for tech founders.
▼ + stars: | 2024-03-04 | by ( Ben Bergman | ) www.businessinsider.com time to read: +10 min

Unlike other businesses, venture firms do not suddenly go out of business. Limited partners such as pensions and endowments that fund venture firms have been choosier, cutting off capital to firms that have not generated acceptable returns. Why it is so difficult to spot a dying fundOpenView Venture Partners announced in December that it was suspending new investments and laying off staff. In a written statement, he later explained that Sinai Ventures has been rebranded to Sinai Capital Partners. Do you know of a venture firm no longer actively investing?

Persons: VCs, Anna Barber, they'll, they're, Roy Bahat, Brian Brackeen, Brackeen, they're reallocating, Beezer Clarkson, Clarkson, Jake Saper, Bahat, Jordan Fudge, Zachary White, Carlos Adame —, Fudge, We're, Paul Weinstein, Weinstein, Ryan Swager, Brandon Zeuner, Alsop Louie, Alsop Louie Partners, Gilman Louie, Stewart Alsop, Jason Preston, Tyler Peterson, Mike Morgan, Robert Patterson, DEFTA, George Hara, Martin Gedalin, Kevin Ober, Divergent's, Hone, Ben Bergman Organizations: Business, Bloomberg Beta, Lightship Capital, Sapphire Partners, BI, Venture Partners, Foundry Group, Sinai Ventures, Sinai Capital Partners, Capital, San, Alsop Louie Partners, Partners, Ventures Peninsula Ventures, LinkedIn Locations: Los Angeles, San Francisco, Alto , California, San Mateo , California, Lumia, Seattle, bbergman@insider.com

☆ AOC says Democrats aren't doing enough with their Senate majority: 'We need to go after the Supreme Court'
▼ + stars: | 2024-03-01 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +1 min

AOC says Democrats aren't acting like they hold a majority in the Senate. "I don't know if most people in the country even know what party is in the Senate majority," she said. She said Democrats to "go after" the Supreme Court and engage in more aggressive oversight efforts. AdvertisementDemocrats may effectively have a 51-seat majority in the Senate, but they sure aren't acting like it. "I don't know if most people in the country even know what party is in the Senate majority at times."

Persons: aren't, —, Alexandria Ocasio, Cortez, Brian Beutler Organizations: Service, Democratic Rep, Senate, Business Locations: Alexandria, Cortez of New York

☆ Warehouse logistics systems find efficiency and productivity benefits in lightweight augmented-reality headsets
▼ + stars: | 2024-02-29 | by ( Matthew S. Smith | ) www.businessinsider.com time to read: +8 min

A 2017 trend report from the global logistics company DHL found that augmented-reality headsets improved the productivity of warehouse pickers by up to 15%. The latest AR headsets, which look similar to conventional prescription eyewear, could extend productivity benefits across every aspect of logistics — and even beyond. But the AR headsets at the cutting edge of logistics and manufacturing are slimmer, lighter, and more durable than the Vision Pro or Quest. AR headsets used in a busy workplace need to keep the wearer's vision unobstructed. TeamViewerNext-gen AR headsets go incognitoAugmented-reality headsets like the Vuzix M4000 are light enough to wear all day, but next-gen headsets will make them look like dinosaurs.

Persons: —, Paul Travers, Seth Patin, Patin, Peter Millar, Brian Ballard, Ballard, TeamViewer, Travers Organizations: Service, Apple's, DHL, Apple Vision, Meta Locations: It's

☆ An abrupt exit at a Goldman Sachs-backed crypto bank spotlights the industry's tug-of-war with regulators
▼ + stars: | 2024-02-26 | by ( Rebecca Ungarino | ) www.businessinsider.com time to read: +13 min

Read previewWhen the chief executive of cryptocurrency startup Anchorage Digital posted a message in the company's "announcements" Slack channel in late November about an executive's departure, employees started buzzing. Just over a year after it received the charter, the OCC issued a consent order against Anchorage in April 2022. Regulators are aggressively scrutinizing crypto players and prioritizing monitoring crypto compliance. Regulators' viewThe OCC is now led by Michael Hsu, the former Federal Reserve regulator and self-described crypto skeptic who has viewed crypto companies' regulatory compliance in some areas as inadequate. A crypto bank would face risks in safeguarding digital assets in its custody, maintaining appropriate hedges in crypto-lending, and adhering to capital requirements specific to crypto assets, said Kim, who studies crypto and blockchain technology.

Persons: —, Georgia Quinn, Nathan McCauley's, McCauley, Goldman Sachs, Andreessen Horowitz, Quinn, Brian Brooks, CoinDesk, Oliver Wyman, FTI, Brooks, Michael Hsu, Hsu, Evelyn Hockstein, Mark duBose, Seoyoung Kim, University's, Kim, Diogo Mónica, Axel Springer, Mark McCombe, Max Levchin, BNY, Seyfarth Shaw, Ellenoff Grossman, it's Organizations: Service, Anchorage, Business, Citadel Securities, Apollo Global Management, Visa, OCC, Regulators, Securities, Exchange, IBM, KPMG, Anchorage Digital Bank National Association, Federal Reserve, Reuters, Business Insider, Santander Bank, University's Leavey School of Business, KKR, BlackRock, BNY Mellon Locations: Anchorage, United States, Santa, San Francisco, Portugal

☆ Top Wall Street analysts pick these dividend stocks for enhanced returns
▼ + stars: | 2024-02-25 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

The Coca-Cola Company logo is being displayed at a New Year's fair in Kyiv, Ukraine, on December 31, 2023. Investors looking to enhance their portfolio returns can opt for a combination of growth and dividend stocks. Choosing the right dividend stock by analyzing multiple factors can be complex for investors. However, recommendations from analysts can help inform investors' research and guide them toward lucrative dividend stocks from companies with strong fundamentals. Here are three attractive dividend stocks, according to Wall Street's top experts on TipRanks, a platform that ranks analysts based on their past performance.

Persons: Wall, Nik Modi, Modi, TipRanks, Brian Bedell, mgmt, Bedell, Goldman Sachs, Neil Mehta, Hess, Mehta Organizations: Cola, RBC Capital, Owl, Deutsche Bank, Chevron Oil, Chevron, CNBC PRO Locations: Kyiv, Ukraine, Chevron, Kazakhstan

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