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☆ S&P 500 ends down as investors fret about interest rates
▼ + stars: | 2023-02-18 | by ( Noel Randewich | ) www.reuters.com time to read: +4 min

S&P 500 tradingMicrosoft Corp <MFST.O> fell 1.6% and Nvidia (NVDA.O) dipped 2.8%, both weighing on the S&P 500 as the yield on 10-year Treasury notes hit a three-month high. Of the 11 S&P 500 sector indexes, six rose, led by consumer staples (.SPLRCS), up 1.29%, followed by a 1% gain in Utilities (.SPLRCU). For the week, the S&P 500 fell 0.3%, the Dow lost 0.1% and the Nasdaq climbed 0.6%. Advancing issues outnumbered falling ones within the S&P 500 (.AD.SPX) by a 1.1-to-one ratio. The S&P 500 posted eight new highs and one new low; the Nasdaq recorded 75 new highs and 68 new lows.

☆ Lithium miner Sigma jumps on report Tesla considering buyout
▼ + stars: | 2023-02-17 | by ( ) www.reuters.com time to read: +2 min

Feb 17 (Reuters) - U.S.-listed shares of Sigma Lithium Corp rose 21% in extended trading on Friday after Bloomberg News reported that Tesla Inc (TSLA.O) was weighing a takeover of the Canada-based battery metals miner. Tesla and Sigma Lithium did not immediately respond to Reuters requests for comment. U.S. stock of Sigma Lithium, which has a market capitalization of $3.21 billion, nearly trebled in value last year. Tesla and other automakers routinely talk to mining companies of all sizes about potential supplies of lithium and other EV metals without necessarily signing contracts. Tesla also has supply contracts for nickel, lithium and a range of other EV metals from suppliers across the globe.

There are "continued calls for violence directed at U.S. critical infrastructure," the agency warned last February, "as a means to create chaos and advance ideological goals." Law enforcement and utility companies, though, say they're working to resolve the open cases and prevent future attacks. Members of accelerationist groups have been charged with several plots in recent years to attack critical infrastructure. "The critical infrastructure element has become one of the core components of neo-fascist accelerationist movements in the US. "They don't really care who is doing the violence, who's doing the critical infrastructure attacks, Lewis said.

☆ The Bargain Barolo: Drink This Italian Wine Now
▼ + stars: | 2023-01-27 | by ( Lettie Teague | ) www.wsj.com time to read: 1 min

JUST ABOUT every great wine has a “good” counterpart: a wine made from the same grape in the same place but in a more accessible and/or affordable style. For lovers of Barolo and Barbaresco, the great wines from the Langhe region in Piedmont, Italy, that wine would likely be Langhe Nebbiolo. It’s made from the same grape in the same place, but unlike its superstar counterparts, it’s incredibly cheap. How much does a Langhe Nebbiolo actually resemble a Barolo or Barbaresco? I’d say it depends on where the grapes were sourced, how the wine was vinified and, perhaps most important, how much pride the producer takes in making a “lesser” wine.

☆ Worker killed at Alabama airport was too close to jet engine despite warnings, NTSB says
▼ + stars: | 2023-01-25 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +3 min

An airline worker killed in a Dec. 31 incident at an Alabama airport was exposed to multiple warnings about the dangers of being near running jet engines, the National Transportation Safety Board said. It noted examples of when workers were warned to stay clear of running jet engines when planes are stopped on the ground. The worker was not named in the NTSB report. An excerpt from American Eagle’s ground operations manual that was included in the NTSB report echoed those points. During that walk along the wing, the employee got too close to the running engine and was killed, the NTSB said.

☆ First-time homebuyers are 'royally screwed'
▼ + stars: | 2023-01-22 | by ( James Rodriguez | ) www.businessinsider.com time to read: +13 min

For first-time homebuyers like Talej, the outlook has never been bleaker. And during that year, first-time buyers accounted for just 26% of all home purchases, the lowest percentage ever, according to the NAR. The racial makeup of first-time homebuyers also set records in 2022, but the lack of progress in Black homeownership was perhaps most shocking. The percentage of first-time homebuyers who were white hit a two-decade high of 88% last year, up from 83% in 2003. Hope is a fickle thingThere's some slight relief on the horizon for first-time homebuyers.

☆ Bad news for millennials: Things have never looked bleaker for first-time homebuyers
▼ + stars: | 2023-01-22 | by ( James Rodriguez | ) www.businessinsider.com time to read: +13 min

For first-time homebuyers like Talej, the outlook has never been bleaker. This unfortunate combination means first-time buyers are waiting longer to purchase homes and winning out with less frequency than ever before. And during that year, first-time buyers accounted for just 26% of all home purchases, the lowest percentage ever, according to the NAR. The percentage of first-time homebuyers who were white hit a two-decade high of 88% last year, up from 83% in 2003. These trends only compound the bad economic news for millennials, who make up the majority of today's first-time buyers.

Today, there are 54 Hispanic American banks and credit unions that are FDIC or NCUA insured around the US. We selected Hispanic American-owned credit unions from the National Credit Union Administration's list of minority depository institutions which was also updated in September 2022. In our list of Hispanic American-owned banks and credit unions, many of the institutions listed offer customer support in Spanish and English. You can open up savings accounts, checking accounts, CDs, and money market accounts in most of the institutions listed. To help you learn more about a specific Hispanic American-owned bank or credit union, we've included links to reviews of individual institutions.

Doctors are calling on the public to familiarize themselves with lifesaving CPR techniques after Buffalo Bills safety Damar Hamlin suffered cardiac arrest during a football game Monday night in Cincinnati. Hamlin received CPR, which stands for cardiopulmonary resuscitation, to restore his heartbeat on the field, the Bills said in a statement. The American Heart Association said it saw a 200% increase in web traffic to its CPR site after news of Hamlin’s cardiac arrest emerged. More than 30 states require public school students to learn CPR before high school graduation. Another possible solution, Toft said, is for the U.S. to require CPR training to obtain driver’s licenses — a strategy deployed in some Scandinavian countries.

☆ Cramer's lighting round: Stay away from Blackline
▼ + stars: | 2023-01-04 | by ( Krystal Hur | ) www.cnbc.com time to read: 1 min

Those are the ones I'm trying to get people to stay away from." Way too speculative. Loading chart...Oramed Pharmaceuticals Inc : "This thing has had way too big a move. It's way too speculative." Disclaimer: Cramer's Charitable Trust owns shares of Eli Lilly.

A worker on the ground at Alabama's Montgomery Regional Airport was killed in an industrial accident Saturday, leading to flights being temporarily stopped, officials said. The incident happened about 2:20 p.m. on an airport ramp near an American Airlines Embraer E175, which was was parked, the Federal Aviation Administration said in a preliminary statement. The worker was employed by Piedmont Airlines, an American Airlines regional carrier, the parent company said in a statement. "We are focused on ensuring that all involved have the support they need during this difficult time," American said. Air traffic was halted after the accident and the local ground stop lasted until 8:30 p.m., the airport said in a statement.

☆ Worker killed on ramp at Alabama airport in airplane incident
▼ + stars: | 2023-01-01 | by ( David Shepardson | ) www.reuters.com time to read: +1 min

Dec 31 (Reuters) - A worker was fatally injured on the ramp at Montgomery Regional Airport in Alabama where an American Airlines (AAL.O) regional carrier flight was parked, the Federal Aviation Administration said Saturday. The FAA and the National Transportation Safety Board will investigate the incident that occurred where American Airlines Flight 3408, an Embraer E175, was parked at the gate after arriving from Dallas. The FAA said the airport was closed after the incident. The flight was operated by Envoy Air, a wholly owned subsidiary of American Airlines Group (AAL.O). The airport said a ground crew worker for Piedmont Airlines, another American regional subsidiary, was killed but did not elaborate.

☆ American Second-Home Buyers Are Pouring Into Italy’s Wine Country
▼ + stars: | 2022-12-22 | by ( J.S. Marcus | ) www.wsj.com time to read: 1 min

After relocating to Milan from New York City’s Upper West Side in 2021, Bryony Bechtold, a teacher, and her husband, Piero Venturini, 50, a lawyer, began looking for a vacation property. With wine on their minds, they found what they were looking for 90 minutes away in northwest Italy’s Piedmont region, home to Barolo, one of the world’s most prized reds. The couple, who have two teenage daughters, paid about $510,000 this past September for the 3,800-square-foot farmhouse on a 6.2-acre lot with a vineyard. They plan to spend about $160,000 on renovations, including an upgrade of the existing wine cellar.

☆ Three-Stock Lunch: HAL, ENPH & PLL
▼ + stars: | 2022-12-07 | 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 EmailThree-Stock Lunch: HAL, ENPH & PLLLee Munson, president and CIO of Portfolio Wealth Advisors, joins 'Power Lunch' to trade energy names in today's Three-Stock Lunch, focusing on Halliburton, Enphase Energy and Piedmont Lithium.

☆ This little-known lithium stock is set to surge more than 60% next year, Cowen predicts
▼ + stars: | 2022-12-07 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Piedmont Lithium is a best idea for 2023, according to Cowen. Analyst David Deckelbaum gave the emerging lithium producer an outperform rating, saying the stock could surge more than 60% next year on the back of strong commodity prices, and several North American projects. "Several other catalysts including future offtake announcements, updates on Ghana and Carolina permitting will drive shares towards our $90/share price target in our view," Deckelbaum added. Piedmont Lithium beat the broader market this year as lithium prices surged more than 150%, according to data from Benchmark Mineral Intelligence. Cowen's $90 price target is roughly 65% above where Piedmont shares closed Tuesday.

☆ Pilot pay is skyrocketing in the airline industry and it could keep airfare sky high
▼ + stars: | 2022-12-07 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

Pilots are seeing big pay bumps across the industry. Taylor Rains/InsiderDelta Air Lines and its pilot union have come to a preliminary agreement to increase wages by over 30%. Pilot pay raises could increase airfare as labor is the number one cost for airlines. But pilot pay raises may be a more effective way to attract and retain talent. Increased pay could mean higher faresAs more major carriers potentially solidify additional pay raises, it's possible the industry's already high airfare could increase even more as labor is the number one cost for airlines.

☆ Explainer: Why U.S. airline pilot wages are outpacing global rises
▼ + stars: | 2022-12-05 | by ( Jamie Freed | ) www.reuters.com time to read: +4 min

U.S. domestic demand was only 0.8% below than 2019 levels in October, while globally, domestic travel demand was 22.1% lower. REGIONAL PILOT SHORTAGEThe steep pay rise on offer to Delta pilots follows a series of large increases at U.S. regional airlines that serve as feeders to major carriers. Uniquely among world markets, the United States requires pilots even at regional airlines to have a minimum of 1,500 hours of flying experience. Faced with growing shortages of entry-level pilots and rapid attrition of more experienced ones to major airlines, U.S. regional carriers have lifted pay rapidly. The increases put pressure on major airlines to ensure their entry-level pay attracts joiners from regional carriers to cover retirements and planned fleet growth.

☆ Death of the internal combustion engine — Cowen's best stocks to play the trend
▼ + stars: | 2022-12-04 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

For more than 100 years, automobiles have been powered by internal combustion engines. Yet around the globe, consumers are slowly shifting to electric-powered vehicles and countries are putting bans of ICE-based engines into place. This disruption in the mobility space also includes automation, like driverless cars and advanced driver assistance systems (ADAS) applications. Cowen said the company is "well positioned in the growing electrical architecture space as well as with electronic and safety applications." "Deep experience designing purpose-built SoCs [system-on-chip applications] and a decade+ of real world driving data support its positioning," the report said.

☆ Ex-Tesla Australia director pleads guilty to insider trading
▼ + stars: | 2022-11-16 | by ( ) www.reuters.com time to read: +1 min

Nov 16 (Reuters) - A former director of Tesla Inc's (TSLA.O) Australian unit pleaded guilty to two counts of insider trading based on a supply deal the carmaker signed with Piedmont Lithium (PLL.O) in 2020, the country's corporate watchdog said on Wednesday. The ASIC said Schlosser then sold his Piedmont shares for a profit of roughly $28,883 once the agreement became public and the stock price rose. Schlosser, who plead guilty at a court in Sydney, also communicated information about the deal to a friend, knowing that his friend would be likely to acquire Piedmont shares, the ASIC said. Tesla and Piedmont Lithium did not immediately respond to a request for comment. Reporting by Tejaswi Marthi in Bengaluru; Editing by Sherry Jacob-Phillips and Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.

☆ First Solar selects Alabama for new factory as Inflation Reduction Act prompts domestic manufacturing boom
▼ + stars: | 2022-11-16 | by ( Pippa Stevens | ) www.cnbc.com time to read: +2 min

First Solar said Wednesday that it has selected Alabama as the site for its fourth U.S. solar panel manufacturing facility, after the Inflation Reduction Act and its incentives for domestic manufacturing encouraged companies to onshore production. First Solar CEO Mark Widmar previously told CNBC that the Inflation Reduction Act was the key catalyst that led First Solar to choose the U.S. for its latest factory. The U.S. solar industry now stands at around 126.1 GW, which is enough to power 22 million homes, according to the Solar Energy Industries Association. Shares of First Solar hit their highest level since April 2011 on Wednesday after the IRA reignited interest in renewable energy companies. Other solar companies, including SolarEdge and Enphase Energy , have said they are exploring manufacturing in the U.S. following the climate bill.

☆ Analysts love these EV-related stocks — and give one upside of more than 100%
▼ + stars: | 2022-11-11 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

A quarter of the 75 component stocks are tech names, with materials and industrials stocks, as well as auto stocks, making up the rest. To identify the stocks that analysts are most bullish on, CNBC Pro screened the ETF on FactSet for stocks that are buy-rated by the majority of analysts covering them. Analysts also gave these stocks average potential upside of at least 20% over the next 12 months. This was hydrogen fuel cell maker Plug Power , which analysts gave a whopping average potential upside of 122%, according to FactSet. Several Big Tech stocks in the EV supply chain are also well-liked by analysts, including Apple , Alphabet and Microsoft .

☆ Cramer's lightning round: Booz Allen is a buy
▼ + stars: | 2022-11-11 | by ( Krystal Hur | ) www.cnbc.com time to read: 1 min

Loading chart...Booz Allen Hamilton Holding Corp : "It was down big today, and I would be a buyer." Loading chart...Piedmont Lithium Inc : "I want you in something much more substantive than that." Loading chart...Lumen Technologies Inc : "They're behind the eight ball, frankly. I just am afraid that it's just too risky."

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☆ Government Climate Funding Pushes Private Sector to Make Good on Promises
▼ + stars: | 2022-11-01 | by ( Amrith Ramkumar | ) www.wsj.com time to read: 1 min

Startups such as Piedmont Lithium are trying to extract lithium from rocks and process it to help power rechargeable batteries. The Biden administration is starting to dole out billions of dollars for nascent climate industries such as battery metals. That is putting pressure on banks and investors to step up with additional funds to make good on their climate promises. The federal government granted about 20 producers of raw materials that power rechargeable batteries a total of nearly $3 billion. The goal is to kick-start a domestic supply chain for big auto makers and combat China’s dominance of battery materials.

☆ Black and Hispanic adults less likely than Whites to receive ‘potentially lifesaving’ bystander CPR during cardiac arrest, study finds
▼ + stars: | 2022-10-27 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +7 min

The data also showed that 38.5% of Blacks and Hispanics received bystander CPR when the cardiac arrest happened at home, compared with 47.4% of Whites. He added that not receiving bystander CPR during a cardiac arrest can have “significant clinical outcomes” for the person whose heart stopped pumping. “Bystander CPR ensures some level of blood circulation, oxygenation of the brain and other vital organs,” Benjamin said. “Certainly time to intervention is critical, and bystander CPR and defibrillator access and use is a part of that,” she said, adding that disparities in how much CPR training is conducted in communities also plays a role in the likelihood of someone receiving bystander CPR. “We need to use what we learn about disparities to help improve the likelihood of bystander CPR for everyone.

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