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☆ Bitcoin showing similarities to small caps as it struggles to break through $70,000, says Wolfe Research
▼ + stars: | 2024-04-26 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

"Bitcoin continues to demonstrate its inability to successfully get through that stubborn $70k resistance level," Wolfe's Rob Ginsberg said in a note Wednesday. "It reminds us of another group that has been unable to overcome its own resistance level ... small caps," he continued. Now, bitcoin has retested its highs while small caps have barely proved they can stay above $2,000 in [the Russell 2000 ]." BTC.CM= .RUT 6M mountain Bitcoin and Russell 2000 Bitcoin has been meandering in the $60,000 level since the beginning of March. All of the major stock indexes are down for the month, and the small-cap Russell 2000 is tracking for a deeper loss of about 6%.

Persons: Bitcoin, Rob Ginsberg, bitcoin, Russell, Ginsberg, Michael Bloom Organizations: Wolfe Research, Federal Reserve

☆ The IPO reopening is real. Just look at Rubrik, the first unicorn to go public in months
▼ + stars: | 2024-04-25 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

Last night data security firm Rubrik priced 23.5 million shares at $32, above the price talk of 23 million shares at $28-$31, raising $752 million. Rubrik is the first tech unicorn IPO since last fall. Marex Group, a UK-based financial services company known for its global clearing business, priced 15.4 million shares at $19, the midpoint of the price talk of $18-$21, raising $292 million. Loar Holdings, which makes aerospace and defense components, priced 11 million shares at $28, above the range of $24-$26, raising $308 million. All eyes on Rubrik Rubrik is an important test of the tech IPO market.

Persons: Matt Kennedy, Rubrik, Kennedy, Ingram, Del Organizations: Marex, Nasdaq, Loar Holdings, New York Stock Exchange, Viking Holdings, Arm Holdings, Renaissance Capital, UL, Astera Labs, Forge, Companies, Ingram Micro, Epic Locations: Del Monte

☆ Russia's military is allergic to the deep reforms it needs
▼ + stars: | 2024-04-21 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

Can the Russian military can be reformed to better achieve Putin's revanchist aims? Yes, but the drastic changes will not be easy, an expert on Russia's military says. AdvertisementWhatever the outcome of the Ukraine war, one thing seems certain: the Russian military needs drastic changes. Indeed, Russia's tendency to seek top-down structural reforms matched with enduring characteristics of the Russian military suggest that a transformation of the Russian military will be difficult." Given that observers so misjudged Russian military capabilities prior to the Ukraine war, how can the West accurately determine whether reforms are occurring?

Persons: —, Vladimir Putin, Katherine Kjellström Elgin, Putin, Elgin, Michael Peck Organizations: Service, Center for Strategic, National Guard Service, Nazi, NATO, Elgin, Business, Russo, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Russian, Ukraine, Washington ,, Elgin, Moscow, Russia, Crimean, Soviet, Nazi German, Turkish, Forbes

☆ The Russell 2000 smallcaps lost about 3% last week and could face still more trouble ahead
▼ + stars: | 2024-04-13 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

This month's rout in smallcap stocks has erased the Russell 2000's sparkling first quarter gain, and the benchmark index for smaller shares could face further trouble ahead so long as interest rates are left unchanged. A hotter-than-expected March inflation report on Wednesday pushed investors on Wall Street to extend out expectations for the Federal Reserve's first interest rate cut to September from June, according to the CME Group's FedWatch tool . The Fed's last interest rate increase in the current cycle was in July, 2023. Servicing debt Hall specifies that the risk to smallcaps is tied to the effect of higher interest rates on refinancing needs. "Higher for longer [interest rates have] generally been good for small cap stocks.

Persons: Russell, Smallcaps, They're, Jill Carey Hall, Hall, Steven DeSanctis, DeSanctis Organizations: Wall, Federal, Bank of America, Bank of, Jefferies Locations: U.S

☆ This company wants to slash corporate bureaucracy and let employees manage themselves. Could it work?
▼ + stars: | 2024-04-11 | by ( Lloyd Lee | Tim Paradis | ) www.businessinsider.com time to read: +5 min

The idea involves slashing the corporate bureaucracy, giving employees more control, and, hopefully, as a result, allowing the company to innovate efficiently. This story is available exclusively to Business Insider subscribers. "We hire highly educated, trained people, and then we put them in these environments with rules and procedures and eight layers of hierarchy," Anderson said in an interview with Business Insider earlier this year. In a traditional corporate setting, the organizational chart flows upward: Lower-level employees have managers, those managers have managers, and so on until the top of the chain. In comes a key part of Anderson's proposal: Cut a big chunk of the middle managers and let employees choose the projects they want to pursue.

Persons: —, Alka, Seltzer, Claritin, Bill Anderson, Anderson, It's, That's, Bayer, Nicholas Bloom, Bloom, — Bloom Organizations: Service, Bayer, Business, Street Journal, Monsanto, Stanford University, American Economic Locations: New Jersey

☆ Madonna honors victims and survivors of Pulse nightclub shooting in powerful speech during Miami concert
▼ + stars: | 2024-04-10 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +3 min

CNN —Madonna is honoring the survivors and victims of the 2016 Pulse nightclub shooting in Florida. Authorities at the time said it was the deadliest mass shooting in the United States and the nation’s worst terror attack since 9/11. “My job is to bring you together, to make people dance, to make people happy, to not judge. This s— is not supposed to happen.”The “Vogue” singer named a number of the survivors in the audience and mentioned their harrowing survival stories. Innocent lives depend on it.”Madonna heads to Austin, Texas for her next “Celebration” tour show on Sunday.

Persons: ” Madonna, ”, who’d, Madonna, —, Gloria Gaynor’s “, Ray, Madame X Organizations: CNN, ISIS, Authorities, Vogue, . Volunteer Locations: Florida, Miami, American, Orlando, United States, Isla, Argentina, Orlando ., Austin , Texas

☆ If you're in a life rut, you may need a friendship reshuffle. Here's how to do it.
▼ + stars: | 2024-03-28 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +4 min

A psychologist shared why a friendship reshuffle can be better than breaking up or quiet quitting. A reshuffle keeps a friend in your life while allowing you to branch out and focus on new people. Luckily, there's another, less permanent option for needing some space: a friendship reshuffle. Kirmayer shared how to reinvigorate your social life with a reshuffle — and leave room for later reconnection. Stay in touch in smaller waysAs you encounter various life changes, you may need a reshuffle to avoid becoming overwhelmed.

Persons: —, there's, Miriam Kirmayer, Kirmayer, Rebalance, you've, You've Organizations: Service

☆ 5 ways to get out of a fitness rut
▼ + stars: | 2024-03-08 | by ( Dana Santas | ) edition.cnn.com time to read: +7 min

At some point in most people’s fitness journeys, they hit a plateau — progress stalls and motivation wanes. Monitoring your exercise activity with a wearable device or a fitness journal can help you recognize markers of your progress. By monitoring your workouts using a fitness journal, smartphone app or wearable device, you can start recognizing indicators of your success. Remember, hitting a fitness plateau rarely means you aren’t doing enough; it’s a natural part of the journey. Leveraging the strategies above, you can break free from stagnation, reignite your passion for fitness and get back on the road to your fitness goals.

Persons: Dana Santas, you’re, George T, Doran Organizations: Pain, CNN, CNN’s

☆ Premarket stocks: What ‘Super Tuesday’ means for your portfolio
▼ + stars: | 2024-03-05 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

Welcome to “Super Tuesday.” Today, a whopping 16 states and territories hold primary elections. But stock market analysts say not to fret and to hold tight. Based on annualized returns for the S&P 500, stocks gained an average 13.75% during Trump’s presidency. Election year math: History shows that stocks typically gain during the fourth year of presidential terms. The S&P 500 has gained 6.2% on average during the fourth year of presidential terms since 1932, according to Yardeni Research.

Persons: ’, Edward Jones, Donald Trump, Joe Biden, Angelo Kourkafas, ” Kourkafas, Raymond James, Trump, Obama, ”, Simon Hamilton, Barack Obama, “ That’s, it’s, Hamilton, Goldman Sachs, Allison Morrow, Bitcoin, —, Simone McCarthy, Premier Li Qiang, Hong Organizations: CNN Business, Bell, New York CNN, ”, Markets, White House, Congress, CNN, Republicans, Republican, “, Research, Dow Jones, University of Cincinnati, University of Missouri, Securities and Exchange, Bloomberg, Premier, National People’s Congress Locations: New York, Washington, Hamilton, United States, China, Beijing

☆ Gold just jumped to a record high. Here’s why
▼ + stars: | 2024-03-05 | by ( Krystal Hur | ) edition.cnn.com time to read: +2 min

New York CNN —Gold rose Tuesday after notching a record high the prior day, as investors continue to bet the Federal Reserve will cut rates in the back half of the year. The yellow metal was up about 0.4% on Tuesday morning, stabilizing somewhat after settling at an all-time high of $2,126.30 a troy ounce on Monday. However, some investors also believe gold to be a hedge against inflation, wagering that it will hold its value even if it begins to surge. The Personal Consumption Expenditures price index, the Fed’s preferred inflation gauge, rose 2.4% for the 12 months ended in January. The milestones for both bitcoin and gold come as stocks continue to rally powerfully.

Persons: That’s, Jerome Organizations: New, New York CNN, Federal Reserve, Commerce Department, Investors, Fed, Nasdaq Locations: New York, December’s

☆ I was sick of my usual breakfast options, so I made Ina Garten's blueberry muffins. They were a hit with my whole family.
▼ + stars: | 2024-03-05 | by ( Dahlia Rimmon | ) www.businessinsider.com time to read: +1 min

As a dietitian and mom of three kids under 5, I'm always looking for new breakfast recipes to try. Ina Garten's blueberry-bran muffins were simple to make and my kids loved them. Every so often, I make an effort to try a new breakfast recipe to add some variety to our morning routine. When I found her recipe for blueberry-bran muffins, I knew I had to give them a shot. Here's how I made Ina Garten's blueberry-bran muffins.

Persons: I'm, Garten's, —, Ina Garten's Organizations: Service

☆ Bitcoin surges to a new record high as mainstream money flows into crypto
▼ + stars: | 2024-03-04 | by ( Allison Morrow | ) edition.cnn.com time to read: +2 min

New York CNN —Bitcoin surged to its all-time high on Monday, shaking off a more than two-year rut that put the future of the entire crypto ecosystem in question. Bitcoin, the world’s first and by-far largest digital currency, was trading at $68,791, topping the previous record of $68,789 reached on November 10, 2021. After just a month, the ETFs had spurred more than $4.2 billion in net new flows, according to Bloomberg. ETFs are investment tools that track a basket of assets but trade like a stock. As bitcoin approaches scarcity, the value is expected to rise.

Persons: New York CNN — Bitcoin, —, Sam Bankman Organizations: New, New York CNN, Securities and Exchange, Bloomberg Locations: New York

☆ France’s Biggest Literary Sensation Tells His Story — Again
▼ + stars: | 2024-03-03 | by ( Matthew Schneier | ) www.nytimes.com time to read: +2 min

CHANGE, by Édouard Louis. Édouard Louis (né Eddy Bellegueule) burst onto the French literary scene in 2014 at the age of 21 with “The End of Eddy,” an autobiographical novel that announced, with aplomb, his own abnegation. Raised in a rural village in northern France, Eddy grew up not only miserably poor, but miserably gay and miserably bright. But for readers of “The End of Eddy,” let alone the entire Louis canon, “Change” feels stuck in a familiar rut. “Need I tell you again how it all started?” Louis wonders near the beginning of “Change.” The answer, again, is yes.

Persons: Édouard Louis, John Lambert, né Eddy, Eddy, ”, aplomb, Eddy Bellegueule, Louis, bobo, Eddy ”, startlingly, Eddy hasn’t, Louis himself, autofiction, Annie Ernaux, ” Louis Locations: France, Paris

☆ Buy these small-cap stocks with strong fundamentals, Bank of America says
▼ + stars: | 2024-02-23 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

It has been a tough year thus far for small-cap stocks, but Bank of America has some fresh ideas for finding value in the space. Despite a bounce this month, the Russell 2000 index of small-cap stocks has slipped a fraction this year while the large-cap S & P 500 has climbed almost 7%. Against that underperformance, Bank of America strategist Jill Carey Hall recently screened for small-cap value names with strong fundamentals. She scanned the Russell 2000 for profitable stocks that are in the top 20th percentile on one or more valuation metrics, including price-to-book, price-to-earnings and enterprise value-to-sales ratios. The stock placed within the top 20% of the Russell 2000 when looking at the enterprise value to sales ratio.

Persons: Russell, Jill Carey, Wall, FactSet, Ryan Sigda, Craig, Hallum, Visteon Organizations: Bank of America, of, TAM, Outfitters, Urban Outfitters, Urban, Automotive, Wall Locations: Michigan

☆ NATO: Higher defense spending is no magic bullet after Trump’s attack
▼ + stars: | 2024-02-15 | by ( Luke Mcgee | ) edition.cnn.com time to read: +7 min

It’s first worth noting which countries have most dramatically increased their defense spending since the invasion of Ukraine. Yves Herman/ReutersTrump’s well-documented comments about NATO and European defense spending woke them up from that slumber. The example many point to is a deal struck earlier this year between multiple European countries to buy 1,000 Patriot missiles. “Pensions for soldiers are useful, sure, but they are not going to shoot a Russian,” a European security official told CNN. But it will be worth it, if countries don’t get bored and work together.

Persons: Donald Trump, ”, don’t, Jens Stoltenberg, It’s, Yves Herman, Reuters Trump’s, Theresa May, Trump, EMMANUEL DUNAND, Malcolm Chalmers, Russia – Organizations: CNN, NATO, Reuters, Patriot, Inter, Officials, New Nato Force Model, Getty, Royal United Services Institute, Pensions, “, Diplomats Locations: Russia, NATO, Europe, Ukraine, Poland, Estonia, Lithuania, Finland, Romania, Hungary, Latvia, Slovakia, America, Germany, AFP, European, France, China

☆ My husband and I stopped forcing date nights after I gave birth. It took a ton of pressure off.
▼ + stars: | 2024-02-13 | by ( Dori Rose | ) www.businessinsider.com time to read: +5 min

My husband and I used go to on date nights when we first started seeing each other. Turns out, getting rid of date nights would teach me a lesson about love I never knew I needed. We've tried to make date nights work for us in the pastFast forward to the summer of 2022, two months after our wedding. Before I knew it, we were two weeks away from my due date, and my hopes for a year filled with date nights were dashed. Even after the birth of our son, our relationship is stronger than ever without date nights.

Persons: —, We've, margarita, cringe, it's, We'll Organizations: Service Locations: Mexican

☆ Many women lost sexual desire during the pandemic. Here’s what to do
▼ + stars: | 2024-02-08 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +7 min

Sexual function — which includes factors like desire, arousal and pleasure — in men and women decreased significantly after the start of the Covid-19 pandemic, according to a January 2022 meta-analysis of 21 studies published in the journal BMC Public Health. And women — even more so than men — struggled when it came to desire. Many people, particularly women, tend to experience what is called responsive arousal as opposed to spontaneous arousal, she said. And the data showed that men were more likely than women to seek professional help for the sexual problems they experienced, he said. “Unfortunately, I think we’ve sort of normalized sexual difficulties for women,” he added.

Persons: don’t, —, “ I’ve, ”, Vanessa Marin, “, Marin, Justin Lehmiller, Lehmiller, ” Marin, Deborah Fox, Fox, ” Lehmiller Organizations: CNN, BMC Public Health, Kinsey Institute, Indiana University, Fox Locations: Santa Barbara , California, Washington ,

☆ I was the artsy kid who hated sports growing up. But as an adult, I'm now athletic and finding happiness in cycling and hiking.
▼ + stars: | 2024-02-06 | by ( Mike De Socio | ) www.businessinsider.com time to read: +4 min

Growing up, I was the opposite of a jock; I was an artsy kid with a limp wrist. But in my adult life, something shocking has happened: I've become one of the most athletic people I know. But what started as a casual interest in hiking and cycling has reached athletic proportions in recent years. I've since turned to cyclingWhat allowed me to claw out of that rut was, again to my surprise, an athletic activity: cycling. I'm not sure how many mountains I need to summit or miles I need to ride before it feels right.

Persons: I've, I'd, I'm, It's Organizations: Service, Little League, Business, Boy Scouts, Scout, Scouts, Scouting, Philmont Scout, 46er Locations: New Mexico

☆ Large stocks celebrate record while small caps remain mired in bear market
▼ + stars: | 2024-01-23 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Small caps are conspicuously absent from Wall Street's bull market party. The S & P 500 confirmed Friday that a new bull market has begun, breaking both its intraday and closing record high from January 2022. Year to date thus far, the S & P 500 is up more than 1%, while the Dow has climbed 0.5%. "We think it's when the Fed cuts rates not if; this boosts small more than large," he wrote in a Monday note. Not everyone on Wall Street is as optimistic that Fed rate cuts will be an outsized catalyst for small caps.

Persons: Russell, Jason Goepfert, Sundial's Goepfert, Steven DeSanctis, DeSanctis, Barclays's Stefano Pascale, Pascale Organizations: Dow Jones, Dow, Nvidia, Meta, Microsoft, Capital, Micro, Wall

☆ Why Calvin Klein ads still get people talking
▼ + stars: | 2024-01-18 | by ( Joan Kennedy | ) edition.cnn.com time to read: +9 min

The strategy was classic Calvin Klein, a brand which has been synonymous with sexy, conversation-starting campaigns since the 1970s. From Calvin KleinBut the White ads were just the start of the headlines for Calvin Klein. Adorning a New York City phonebooth, Mark Wahlberg is seen in a 1992 Calvin Klein campaign. Meanwhile, no one besides the ASA seems to be admonishing Calvin Klein over the FKA Twigs ads. For Calvin Klein, both sets of ads are an example of that old adage — there’s no such thing as bad publicity.

Persons: CNN —, Jeremy Allen White’s, Calvin Klein, —, Calvin, White, Bottega, Kendall Jenner, FKA, “, Milan Jaros, Kate Moss, Brooke Shields, innuendos, Mark Wahlberg, Eva Mendes, ”, Matt Kissane, Landor, Calvin Klein’s, Moss, Wahlberg, Marky Mark ”, Justin Bieber’s, Justin Bieber's Calvin Klein, Stacy Walsh Rosenstock, he’s, popstar Rosalía, Amy Kommatas, Jenner, Hadid, Allen Adamson, Alas, Adamson, Henry McGee, Launchmetrics, Jeremy Allen White, “ They’ve Organizations: The, Fashion, CNN, Authority, Standards Agency, Standards Authority, ASA, Bloomberg, Getty, Hulu, Business, US Justice Department Locations: SoHo, Prague, Czech Republic, Zara, York's, Los Angeles, New York City

☆ Europe’s Growth Engine Is Broken
▼ + stars: | 2024-01-15 | by ( Tom Fairless | ) www.wsj.com time to read: 1 min

Germany’s car production is more than 25% below its mid 2010s level, according to an auto industry lobby group. Photo: Krisztian Bocsi/Bloomberg NewsGermany is stuck in a rut, and there is no quick way out. The European powerhouse’s economy, the largest on the continent and the world’s fourth biggest, shrank last year, extending a six-year slump that is raising fears of deindustrialization and sapping support for governments across the region.

Persons: Krisztian Bocsi, deindustrialization Organizations: Bloomberg, Germany

☆ I've followed the Mediterranean diet for over 5 years. Here are 11 of my go-to meals.
▼ + stars: | 2024-01-08 | by ( George Arkley | ) www.businessinsider.com time to read: +7 min

I've been following the Mediterranean diet for years, and I've learned a lot of simple recipes. I take a minimalist approach to my diet and often only use a few ingredients in my meals. I've discovered a love for orange, avocado, and shrimp saladI wasn't initially convinced that orange, mustard, and shrimp went together. I've concocted a Mediterranean version of a make-your-own pizzaIf you have an at-home dinner date coming up, make some puff-pastry pizza together. I've only recently discovered tofu, and I've been enjoying adding it to salads and grain bowls for a protein boost.

Persons: I've, Lamb, —, Nigel O'Neil, Cook, Eugene Mymrin Organizations: Service

☆ Morning Bid: Small caps pick up baton, China rating hit
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +6 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. The likes of Microsoft (MSFT.O), Apple (AAPL.O), Nvidia (NVDA.O) and Amazon (AMZN.O) fell back over 1%, pressured by a modest bounceback in U.S. Treasury yields. China's blue-chip stocks slumped to their lowest since February 2019 amid fears of a possible cut to China's sovereign credit rating cut after Moody's outlook reduction. By Mike Dolan, Editing by Bernadette Baum; <a href="mailto:mike.dolan@thomsonreuters.com" target="_blank">mike.dolan@thomsonreuters.com</a>Our Standards: The Thomson Reuters Trust Principles. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Brendan McDermid, Mike Dolan, Russell, that's, Moody's, Isabel Schnabel, Michael Gibson, Christine Laggard, Mongo, Zero Fox, Bernadette Baum Organizations: New York Stock Exchange, REUTERS, Reserve, Microsoft, Apple, Nvidia, Treasury, Reserve Bank of Australia, Central Bank, Reuters, ECB, Barclays, Qatar, P Global, Federal, Division, Supervision, Financial Innovation, Descartes Systems, Health, Powell Industries, Dave, Buster's Entertainment, Reuters Graphics, Thomson Locations: New York City, U.S, Global, York, Treasuries, Europe

☆ Lots of governors think that Biden needs to be attending way more groundbreakings on infrastructure law projects to push back on the idea he's too old to govern
▼ + stars: | 2023-12-04 | by ( John L. Dorman | ) www.businessinsider.com time to read: +2 min

As the 2024 election heats up, President Biden remains weighed down by low approval ratings. But Democratic governors think Biden can raise his numbers by boosting his visibility, per The NYT. The governors believe the president should attend more ribbon-cuttings to further sell the infrastructure law. AdvertisementWhile a swath of Democratic governors across the country enjoy positive approval ratings in their states, President Joe Biden remains in a political rut. Advertisement"The problem is going to be, it's going to take us 20 years to build all this infrastructure out," Walz said.

Persons: Biden, —, Joe Biden, Phil Murphy, Biden's, Laura Kelly, Tim Walz, " Walz Organizations: Service, Biden, Democratic, The New York Times, New, New Jersey Gov, The, Kansas Gov, Times, Minnesota Gov Locations: Arizona, New Jersey, Kansas

☆ Clean energy stocks have fallen out of favor. They face more challenges ahead
▼ + stars: | 2023-12-03 | by ( Krystal Hur | ) edition.cnn.com time to read: +4 min

Plug Power shares have slipped 63% this year, Enphase Energy shares have plunged 60%, SolarEdge Technologies shares have declined 71% and NextEra Energy shares have slid 29%. Yet clean energy stocks haven’t recovered, despite hopes that an influx of US government spending on climate solutions would help revive the sector. The culprit behind clean energy stocks’ poor returns? Krull sees the current rut in clean energy stocks as a buying opportunity for investors. Clean energy stocks also aren’t the only way investors are putting their cash to work with a sustainability mindset.

Persons: Biden, Todd Jones, Jean Rosenbaum, Andrew Poreda, That’s, Peter Krull, Krull, ” Krull Organizations: New, New York CNN, Clean Energy, Enphase Energy, SolarEdge Technologies, NextEra Energy, Bank of America, Federal Reserve, Gratus Capital, Sage Advisory, Earth Equity Advisors, Nvidia Locations: New York, Paris

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