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Bitcoin hit a record high of about $68,800 on Tuesday, capping a remarkable comeback for the volatile cryptocurrency after its value plunged in 2022 amid a market meltdown. Bitcoin’s price has risen more than 300 percent since November 2022, a resurgence that few predicted when the price dropped below $20,000 in 2022. Its previous record was just under $68,790 in November 2021, as crypto markets boomed and amateur investors poured savings into experimental digital coins. “This is just the beginning of this bull market,” said Nathan McCauley, the chief executive of the crypto company Anchorage Digital. The funds provide a simple way for people to invest in the crypto markets without directly owning the virtual currency.
Persons: Bitcoin, , Nathan McCauley Organizations: Anchorage Digital Locations: U.S
Family fun, action epics, historical dramas, teen comedy — there’s a little something for everyone among the titles leaving Netflix in the United States in February. ‘Chicken Run’ (Feb. 14)Stream it here. With the long-awaited made-for-Netflix sequel “Chicken Run: Dawn of the Nugget” having hit the service barely six weeks ago, you’d think Netflix would have licensed the original installment for a bit longer. ‘Prometheus’ (Feb. 14)Stream it here. ‘Real Steel’ (Feb. 14)Stream it here.
Persons: Wallace, Gromit, , Ridley Scott, James Cameron, David Fincher, Scott, Theron, Michael Fassbender, It’s, ‘ E.T, Rocky ’, that’s, Roger Ebert, Shawn Levy orchestrates, earnestness, Hugh Jackman Organizations: Netflix Locations: United States
Crypto Funds Have Arrived. But Who Needs Them?
  + stars: | 2024-01-19 | by ( Jeff Sommer | ) www.nytimes.com   time to read: +1 min
Exchange-traded funds come in many shapes and sizes. Some are plain vanilla, diversified index funds that let you invest in the entire stock and bond markets, and are excellent core holdings for the great majority of people. Then there are the quirky, narrowly focused E.T.F.s like the Inverse Cramer Tracker, which enables you to bet against the stock picks of the CNBC television host Jim Cramer. The fund is legal, approved by the Securities and Exchange Commission — and a money-loser since its inception last year. Betting against Jim Cramer just isn’t a great investing strategy.
Persons: Jim Cramer, Bitcoin, legitimizing Organizations: CNBC, Securities and Exchange Commission Locations: Bitcoin
Nearly a dozen new investments funds that hold Bitcoin began trading last week, making it easier for anyone with a basic brokerage account to buy a slice of the digital currency. Several established financial institutions, including Fidelity and BlackRock, have coalesced around Bitcoin because it is the world’s first and largest cryptocurrency. But Bitcoin remains an enigma to most everyday investors, and it’s hard to separate the buzz from any true potential. But putting crypto into a traditional investment wrapper does not paper over the underlying risks. Exchange-traded funds are similar to mutual funds, but they can be traded on an exchange like a stock.
Persons: Bitcoin, It’s Organizations: Fidelity, Exchange Locations: BlackRock
So when I heard we'd be within a short drive of Nevada's Extraterrestrial Highway on a recent trip through the state, visiting was a no-brainer. The 98 miles of Nevada's State Route 375 have been known as the Extraterrestrial Highway since an official name change by the state's tourism commission in 1996. For many, this box marks the best way to reach any aliens that have taken the Extraterrestrial Highway for a whirl. We spent time in Rachel, Nevada, which was filled with odditiesRachel, Nevada, is the closest town to Area 51. The end of our adventure came at the second Extraterrestrial Highway sign at the fork with US Route 6.
Persons: , I'm, we'd, Agnes Groonwald, Jack, Rachel, A'Le'Inn, Burger, hadn't Organizations: Service, Research, Mount, General Locations: Nevada, Rachel , Nevada, Nevada's, Hiko , Nevada, Las Vegas, , Nevada, Crystal Springs, Crystal, E.T, Rachel, Tonopah , Nevada, America
A sustainability veteran with more than 24 years’ experience, Stangis has built sustainability teams at both Intel and Campbell Soup . WSJ Pro: Do you have a favorite sustainable product or service, that isn’t an Apollo company? In terms of our regulatory reporting, we made some great progress, but it’s also helping and building the tools for our portfolio companies. Stangis: We’ve got data from all of our portfolio companies from surveys of 100-plus questions every year. So our portfolio companies, they’re literally doing sustainability reporting to us, we’re compiling it and then making that public.
Persons: Dave Stangis, Stangis, Campbell, it’s, we’ve, I’ve, , We’ve, they’re, we’re, Rochelle Toplensky Organizations: Apollo Global Management, Intel, Pro, Business, Campbell Soup Company, WSJ, Private Equity, Flagship Fund, Apollo, Rochelle, rochelle.toplensky@wsj.com Locations: Europe, Asia, Paris, Detroit, U.S, Russia, Ukraine, decarbonize, we’ve
The animatronic model from “E.T. the Extra-Terrestrial” is part of a sale organized by Julien’s Auctions and Turner Classic Movies, which, like CNN, is owned by Warner Bros. The model is expected to sell for up to $1 million. This model comes from Rambaldi’s own collection, as did the animatronic figure of E.T. His daughter, Daniela Rambaldi, recalls her father finding inspiration for E.T.’s expressive blue eyes from their family cat “Kikka,” the auction house said.
Persons: Steven Spielberg’s, E.T, Carlo Rambaldi, Daniela Rambaldi, Elliott, Michael Keaton, , Harry Potter, Richard Harris, Albus Dumbledore, “ Harry Potter, America’s, America, Robert Downey Jr Organizations: CNN, Julien’s, Turner, Warner Bros ., Marvel, , America Locations: Beverly Hills , California
Until Asha flubs a job interview with Magnifico and realizes his flaw. The solution is the same as in every Disney cartoon: our heroine runs up a hill, hair swinging, and belts a ballad about longing. Oddly — and rather fascinatingly — this is a film about a spiritual revolution. Can Asha, a humanist, convince the islanders to reject the man in the embroidered robe who preaches that he alone is a conduit for miracles? “You’d think they’d all be content.”WishRated PG for neon-green depictions of black magic.
Persons: Asha flubs, Magnifico, Natasha Rothwell, Victor Garber, , cribbed, Alan Tudyk, Asha, I’m, Benjamin Rice, Julia Michaels, Organizations: Disney Locations: E.T
Shortly before Mr. Bankman-Fried’s verdict landed on Nov. 2, the price of Bitcoin surpassed $35,000, its highest level since an industry meltdown in 2022. Crypto investors are growing optimistic that the Securities and Exchange Commission will approve an exchange traded fund, or E.T.F., that tracks the price of Bitcoin, analysts said. The fund would trade on traditional stock exchanges and offer an easy way for people to invest in cryptocurrencies, potentially bringing a wave of money into the industry. that seemed to pave the way for it to offer the Bitcoin product. And last week, BlackRock, a giant money manager, filed paperwork to establish a similar E.T.F.
Persons: Sam Bankman, Bankman, Organizations: Mr, Securities and Exchange, BlackRock Locations: Manhattan
Nikki Haley says anonymous social media accounts and bots pose a "national security threat." AdvertisementGOP presidential hopeful Nikki Haley says people need to use their true identities on social media. AdvertisementNEW - Nikki Haley: "Every person on social media should be verified by their name" because of "national security." "The truth is, if you look at social media, the misinformation and the dramatic sides of social media are instigating this. Haley said this was why her proposals would be necessary to counter the "national security threat" posed by anonymous social media accounts and social media bots.
Persons: Nikki Haley, Haley, , It's, Vivek Ramaswamy sidestepped, Ramaswamy, Nikki Organizations: Fox News, Service, United Nations, GOP, Democrats, Business Locations: Russia, China, Iran, North Korea, Social, Ramaswamy
LOS ANGELES (AP) — John Bailey, a cinematographer who led the Academy of Motion Picture Arts and Sciences during the initial #MeToo reckoning, died Friday at 81. Bailey died “peacefully in his sleep” in Los Angeles, his wife, Carol Littleton, said in a statement distributed by the film academy. The moves sparked immediate backlash, including fears that the new category would relegate hits like that year's “Black Panther” out of contention for the best film award. A month later, the “outstanding achievement in popular film” award had been tabled. Bailey is survived by Littleton, a former Academy governor and film editor who was nominated for an Oscar for “E.T.
Persons: — John Bailey, Bailey, , Carol Littleton, Bailey —, , , Weinstein, ” Bailey, Bailey's, CEO Dawn Hudson, Oscar Organizations: ANGELES, Academy of Motion Picture Arts, Sciences, Academy, Governors, CEO, Associated Press, Hollywood Locations: Los Angeles, Littleton
Stocks ticked lower Thursday, leaving the S&P 500's winning streak in jeopardy. Benchmark Treasury yields wavered. The benchmark index's last nine-day winning streak was in 2004. Treasury yields edged up. The yield on the 10-year Treasury ticked upward to 4.531%.
Persons: Eli Lilley, Jerome Powell Organizations: Disney, Benchmark, Treasury, Federal Locations: U.S, China
Kravitz and Tatum met through the casting process for her upcoming directorial debut, "Blink Twice." On the right: Zoë Kravitz in January 2020. Tristar Media/Getty Images; Jordan Strauss/Invision/APThe film was originally called "Pussy Island," but was retitled "Blink Twice" in 2023. Kravitz hadn't met Tatum prior to casting him in the film, which she spent five years cowriting and rewriting with E.T. "Blink Twice" centers on a cocktail waitress named Frida and a billionaire tech mogul named Slater King (Tatum).
Persons: Kravitz, Tatum, Channing Tatum, Zoë Kravitz, Jordan Strauss, Kravitz hadn't, Frida, Slater King, Chan, Mike, Elle Organizations: Tristar Media
The largest desalination plant in the US is in San Diego. AdvertisementAdvertisementIn the early 1990s, San Diego was dying on the vine, starved of water in a series of yearslong droughts. At the last minute, a miracle saved San Diego — rain and snow in the desert replenished aquifers, saving the city from intense cutbacks. AdvertisementAdvertisementThe desalination plant produces potable water for San Diego county. With these easier options on the table, it's even more staggering that cities such as San Diego have pushed desalination efforts through.
Persons: , Diegans, Jeremy Crutchfield, Claude, Bud, Lewis, It's, Crutchfield, Diego, ​ Reed Kaestner, Robert Glennon, Frank Ward, Ward, Michelle Peters, Michael Hanemann, Glennon, Peters, Reed Kaestner, Hanemann, Allen J, Schaben Organizations: Service, Water Authority, Western, Getty, University of Arizona, Street Journal, New Mexico State University, Arizona State University, Water Locations: San Diego, Lewis Carlsbad, United States, Colorado, seeping, Mississippi, San Diego County , CA, Encina, San Diego County, Orange County , California, Carlsbad, Orange, California, Diego, San Diego county, Los Angeles, Columbia
Bristol Myers Squibb on Thursday reported quarterly adjusted earnings that topped expectations and posted revenue in line with estimates, even as sales of the company's popular blood cancer drug Revlimid plummeted due to generic competition. Bristol Myers also reiterated its full-year revenue guidance of a low single-digit percentage decline. Bristol Myers said both older and new drug products helped offset the lower sales of Revlimid for the third quarter. Eliquis, which Bristol Myers shares with Pfizer , is among the first ten drugs selected to face price negotiations with the federal Medicare program. Bristol Myers will hold an earnings call with investors at 8 a.m. E.T.
Persons: Revlimid, Bristol Myers, , Eliquis, FactSet, Opdualag Organizations: Bristol Myers Squibb, Bristol, LSEG, Pfizer, FactSet, Therapeutics Locations: Wednesday's
Apple announces Oct. 30 event, new Macs expected
  + stars: | 2023-10-24 | by ( Kif Leswing | ) www.cnbc.com   time to read: +1 min
Apple sent invites on Tuesday for a launch event that will be streamed on its website on Oct. 30. New Mac laptops are expected, according to reports. Apple's iMac, and some of its MacBook laptops have not been updated yet this year. An event page posted on the Apple website shows a Finder logo animation, which is a Mac app. Apple held a launch event at its campus for new iPhones and Apple Watch models in September.
Persons: Tim Cook, Apple Organizations: Apple, Apple Park, Apple Watch Locations: Cupertino , California
Prime Minister Justin Trudeau's Liberal government bought Trans Mountain in 2018 for C$4.5 billion to rescue the expansion project, which has struggled with years of regulatory delay and massive cost overruns. A Reuters survey of five analysts and investors valued Trans Mountain between C$15 billion and C$25 billion, based on factors including projected earnings and oil shipping tolls. Trans Mountain Corp (TMC) CEO Dawn Farrell told local media last week the sale could wrap up by early 2025, just as Canada heads into a federal election. Trans Mountain offers strategic value as it is the only pipeline taking crude from Canada's oil patch to the Pacific, and on to Asian refining markets. "It's hard to imagine...that a pipeline like Trans Mountain would ever be built again," Poscente said.
Persons: Justin Trudeau's, Ryan Bushell, Dawn Farrell, Michael Dunn, Paul Poscente, Poscente, Pembina, Scott Burrows, Enbridge, Marc Weil, Dave Szybunka, Szybunka, Rod Nickel, Steve Scherer, Denny Thomas, Marguerita Choy Organizations: Ottawa, Justin Trudeau's Liberal, Reuters, Newhaven Asset Management, Trans Mountain Corp, Mountain, Cenovus Energy, Nations, Axxcelus, Chinook, Pembina Pipeline Corp, Indigenous Pipeline, TC Energy, Keystone, TC, Canoe Financial, Thomson Locations: Canada, Alberta, Trans, Newhaven, Pembina, U.S, Gulf, Calgary, Winnipeg, Ottawa
Transition Plans Are The Latest Climate Action Trend
  + stars: | 2023-10-10 | by ( Rochelle Toplensky | ) www.wsj.com   time to read: +3 min
The Transition Plan Taskforce published a framework for companies looking to create transition plans. Photo: London Stock Exchange GroupCompanies have a new climate-action tool: transition plans. Some companies, such as Mars and Allianz , have recently published transition plans. The U.K.’s Transition Plan Task Force published its framework Monday, offering a template for companies looking to create transition plans. Even though disclosure requirements are currently voluntary, transition plans are a live issue for many businesses that can help them shift the conversation to how they can achieve their net-zero goals.
Persons: , Mary Schapiro, Amanda Blanc, David Schwimmer, ’ ”, Sue Lloyd, Rochelle Toplensky Organizations: London Stock Exchange Group, Mars, Allianz, London Stock Exchange, Glasgow Financial Alliance, U.S . Securities, Exchange Commission, Force, Business, Aviva Group, , Rochelle, rochelle.toplensky@wsj.com Locations: United Nations, Dubai
If you're lucky enough to win Powerball's current $1.4 billion jackpot — the third-highest ever — think carefully about your choice of payout. If you win, you can choose between an upfront cash lump sum and an annuity spread out over 30 years. Most jackpot winners claim the upfront lump sum, since they'll get the majority of the cash right away. Since the beginning of last year, all but one Powerball jackpot winner chose this option, the Multi-State Lottery Association tells CNBC Make It. But that doesn't mean it's necessarily the right choice for you.
Persons: Powerball's, they'll Organizations: State Lottery Association, CNBC
The German native joined SLB, formerly known as Schlumberger , in 2021 as its chief strategy and sustainability officer. Katharina Beumelburg, chief strategy and sustainability officer of SLB. Beumelburg: This push toward lowering carbon emissions in the oil-and-gas industry is a major change. The other side is our transition technology portfolio that focuses on bringing the carbon emissions at our customers down. Carbon capture and storage is the obvious short-term solution to reduce carbon emissions, one where the technology is ready, where we know what to do.
Persons: Katharina Beumelburg, SLB, Beumelburg, SLB Beumelburg, Johan Rockström, Rochelle Toplensky Organizations: Sustainability, Siemens, SLB, Schlumberger, Pro, WSJ, Potsdam Institute, Business, Microsoft, Saudi Aramco, Linde, Rochelle, rochelle.toplensky@wsj.com Locations: Greenland, Paris, Texas, Europe, Australia, Japan, South Korea, Davos
Tom Sosnoff, the co-founder of Thinkorswim and Tastytrade, is a longtime advocate of options trading. One feature of options is they allow you to trade costly underlying securities with a fraction of the money. Sosnoff says an options trader can get that same exposure for as little as $250. However, Sosnoff prefers a riskier trade that he says is more capital-efficient — one he considers the simplest option strategy with the highest probability of profit. The value of a car — or an option's underlying security, like a stock — could, in theory, go to zero, leaving the investor holding the bag.
Persons: Tom Sosnoff, Thinkorswim, Sosnoff, doesn't, let's, Kris Sidial, John McGinn, McGinn, Sidial Organizations: Netflix, bullish, Investments
We can help show you how to watch the AEW WrestleDream live stream from anywhere in the world too. How to watch AEW WrestleDream PPV live streams from anywhereFITE TV allows you to watch AEW WrestleDream from the UK (£19.99), Canada (CAD$39.99), and Australia (AUD$19.99). How to watch AEW with a VPNSign up for a VPN if you don't have one. Install it on the device you're using to watch AEW WrestleDream. AEW WrestleDream match cardBelow, we've listed a schedule of all the matches for AEW WrestleDream.
Persons: WrestleDream, Bryan Danielson, Zack Sabre Jr, Adam Page, Strickland, Christian, Darby Allin, Eddie Kingston, Kasuyon Shibata, It's, ExpressVPN, AEW, Chris Jericho, Don Callis, Christian Cage, Katsuyori Shibata, Kris Statlander, Julia Hart, Orange Cassidy, Ricky Starks, Wheeler Yuta Organizations: Wembley, TNT, ROH, DirecTV, AEW, TBS, Bucks, Lucha Brothers Locations: Seattle, Canada, Australia, United States
Learn moreThere's not long to go for tonight's middleweight title fight, and we can show you how to watch the Canelo vs. Charlo live stream, from anywhere. How to watch Canelo vs. Charlo live streams from anywhereIn the United States, you can catch the fight airing live on FITE.TV. How to watch Canelo vs. Charlo with a VPNSign up for a VPN if you don't have one. Watch Canelo vs. Charlo. Canelo vs. Charlo fight cardHere are all the fights happening before the main event.
Persons: Canelo Alvarez, Jermell Charlo, Canelo, Charlo, It's, they've, you'll, Insider's, ExpressVPN, Jesus Ramos Jr, Erickson Lubin, Yordenis, Mario Barrios, Elijah Garcia, Armando Resendiz, Frank Sanchez, Scott Alexander, Gabriel Valenzuela, Yeis Gabriel Solano, Terrell Gausha, KeAndre Leatherwood, Oleksandr Gvozdyk, Isaac Rodrigues, Curmel, Ezequiel Flores, Justin Viloria, Angel Barrera, Bek Nurmaganbet, Abimbola Osundairo, Abilkhan, Joeshon James Organizations: WBC, WBO, WBA, Mobile, Showtime, Ireland Locations: Las Vegas , Nevada, United States, Canada
Oil rigs are seen at Vaca Muerta shale oil and gas drilling, in the Patagonian province of Neuquen, Argentina January 21, 2019. He said oil and gas reserves are depleting at 5-7% annually, and output will decline if companies stop investing to replace them. The Canadian government has not finalised subsidies for projects to capture and sequester emissions and is developing a cap on oil and gas emissions. Not all oil companies are reducing spending on production. Greater oil production could provide the revenue to pursue net-zero aims, Rath said.
Persons: Agustin Marcarian, Darren Woods, Amin Nasser, ", Aditya Ravi, Rystad's, Alex Pourbaix, Pourbaix, that's, Chris Severson, Baker, Omar Farouk Ibrahim, Ranjit Rath, Rath, Carlos Travassos, Yrjo Koskinen, Rod Nickel, Nia Williams, David Gregorio Our Organizations: REUTERS, Rights, World Petroleum Congress, Exxon Mobil, Aramco, Rystad Energy, International Energy Agency, Cenovus Energy, Canadian, European Union, Deloitte, African Petroleum Producers ' Organization, United Nations, Oil India, Investment, Petrobras, PETR4, University of Calgary, Thomson Locations: Vaca, Patagonian, Neuquen, Argentina, Rights CALGARY , Alberta, Calgary, United States, Paris, Pembina, India, SA, Calgary , Alberta
Stanton smashed his 400th home run, Gerrit Cole burnished his Cy Young Award credentials and the New York Yankees beat the Detroit Tigers 5-1 on Tuesday night. Just celebrated that moment with him, and coming in a big spot — tie game late," Yankees manager Aaron Boone said. Miguel Cabrera had an RBI single off Cole in the opener of his final series at Yankee Stadium. Detroit has dropped seven straight at Yankee Stadium since April 30, 2021. NEW KID ON PLANET EARTHPrized rookie Jasson Domínguez went 1 for 4 with an eighth-inning double for New York in his Yankee Stadium debut.
Persons: — Giancarlo Stanton's, Stanton, Gerrit Cole burnished, Cy Young, DJ LeMahieu, Gleyber Torres, “ I’m, Cole, José Cisnero, Mark McGwire, Babe Ruth, Alex Rodriguez, Albert Pujols, Aaron Boone, Stanton —, , ” Stanton, , Miguel Cabrera, Cabrera, Jake Rogers, ” Javier Báez, Tommy Kahnle, Jonathan Loáisiga, Clay Holmes, Joey Wentz, Aaron Judge, Torres, ” Rogers, “ We're, Jasson Domínguez, “ It’s, ” Domínguez, he's, Steven Spielberg, Boone, Mariano Rivera, ” Cabrera, Anthony Rizzo, Matt Manning, Clarke Schmidt, ___ Organizations: New York Yankees, Detroit Tigers, Yankees, Yankee, Miami, American League, Detroit, Tigers, EARTH, York, 161st Street Yankee, NEXT Tigers Locations: Detroit, Bronx
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