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☆ A rare hostile takeover bid in Europe's banking sector has shocked markets
▼ + stars: | 2024-05-09 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

A logo outside the Banco Sabadell SA offices at the Banc Sabadell Tower in Barcelona, Spain, on Wednesday, May 1, 2024. Spanish bank BBVA caught markets by surprise on Thursday after it announced a rare hostile takeover bid for domestic rival Banco Sabadell, with one investment firm describing the situation as "very strange." The move comes shortly after a separate 12 billion euro ($12.87 billion) takeover offer from BBVA to Sabadell's board was rejected earlier in the week. BBVA said its takeover offer has the same financial terms as the merger offered to Sabadell's board. Shares of BBVA fell 6% at around midday London time on Thursday, while Sabadell's stock price rose more than 3%.

Persons: Carlos Torres Vila Organizations: Banco Sabadell SA, BBVA, Banco Sabadell, Banco Locations: Banc, Barcelona, Spain, Spanish

☆ Three-Stock Lunch: Shopify, Anheuser-Busch InBev SA, & Electronic Arts
▼ + stars: | 2024-05-08 | 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 EmailThree-Stock Lunch: Shopify, Anheuser-Busch InBev SA, & Electronic ArtsEva Ados, ERShares COO and chief investment strategist, joins CNBC's 'Power Lunch' to discuss investment plays for three stocks: Shopify, Anheuser-Busch InBev SA, and Electronic Arts.

Persons: Electronic Arts Eva Ados Organizations: Anheuser, Busch InBev SA, Electronic Arts

☆ Gold prices ease as dollar firms ahead of Fed policy meet
▼ + stars: | 2024-04-30 | by ( ) www.cnbc.com time to read: +2 min

An Argor-Heraeus SA branded two hundred and fifty gram gold bar, center, sits in this arranged photograph at Solar Capital Gold Zrt. Gold prices were set for a third straight monthly gain, even as bullion prices eased on Tuesday as the dollar firmed ahead of the Federal Reserve's policy meeting starting later in the day. Spot gold was down 0.2% at $2,329.69 per ounce, as of 0355 GMT. This week's important market events are the Federal Reserve's policy meeting from April 30-May 1 and the non-farm payrolls data due on Friday. The U.S. Fed is expected to hold its benchmark interest rate steady at 5.25%-5.5% at this meeting.

Persons: Kyle Rodda, Capital.com, Bullion, Capital.com's Rodda, Jerome Powell Organizations: Heraeus SA, Solar, Federal, U.S, Fed Locations: Budapest, Hungary

☆ F-16s headed to Ukraine this summer will face their most dangerous battlefield ever
▼ + stars: | 2024-04-27 | by ( Jake Epstein | ) www.businessinsider.com time to read: +11 min

Ukraine is slated to receive its much-anticipated fleet of F-16 fighter jets this summer. AdvertisementThe long-awaited delivery of F-16s to Ukraine is on the horizon, and these advanced American-made fighter jets can't come soon enough for its forces. The fighter jets are expected to arrive at some point this summer, reportedly as early as June. Romanian air force F-16 fighter planes fly above the Baza 86 military air base, outside Fetesti, Romania, Monday, Nov. 13, 2023. US Air Force F-16's stand ready with bombs loaded to take off during the first daylight attack to liberate Kuwait in 1991.

Persons: —, Falcon, SAMs, Alexandru, Egypt —, John Baum, Russia —, Baum, KIRILL KUDRYAVTSEV Russia's, Tannehill, Volodymyr Zelenskyy, Mark Rutte, Peter Dejong Organizations: Service, Russia's, Rygge Air Force Base, OLE BERG, Getty, NATO, Kyiv, Israeli Air Force, AP, US Air Force, Operation, Allied Force, Yugoslavia, Air Force, Defense Technical Information, Reuters, Storm, Russia, Mitchell Institute for Aerospace Studies, US Navy, SA, Russian, AIM, INA Locations: Ukraine, Balkans, Kyiv, Romania, Norway, AFP, — Belgium, Denmark, Netherlands, Europe, Lebanon's, Israel, Yom, Romanian, Fetesti, Storm, Iraq, Pakistan, Turkey, Egypt, Afghanistan, Islamic, Kuwait, Russian, Zhukovsky, Moscow, Bekaa, East, Syria, Russia, Ukrainian, Eindhoven, Rzeszow, Jasionka, Poland, Crimean

☆ Oil prices rise as U.S. official eases market concerns over economic headwinds
▼ + stars: | 2024-04-26 | by ( ) www.cnbc.com time to read: +1 min

A pump jack at an oil lot connected to the Petroleos del Peru SA Talara refinery in Piura, Peru, on Wednesday, Dec. 13, 2023. Treasury Secretary Janet Yellen told Reuters on Thursday that U.S. economic growth was likely stronger than suggested by weaker-than-expected quarterly data. Data showed that economic growth slowed in the first quarter, and prior to Yellen's comments, tremors from an acceleration in inflation had weighed on oil prices as investors calculated that the Federal Reserve would not cut interest rates before September. Personal consumption expenditures inflation data for March will be released on Friday, closely tracked by the Fed for its 2% target. Elsewhere, supply concerns as geopolitical tensions continue in the Middle East also buoyed prices early in the session.

Persons: Janet Yellen, Yellen, Israel Organizations: del, del Peru SA Talara, U.S . Treasury, Brent, U.S . West Texas, Reuters, Federal Reserve, Fed Locations: del Peru, Piura, Peru, U.S, Gazan

☆ Why gold weakness might be an opportunity for investors
▼ + stars: | 2024-04-22 | 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 EmailWhy gold weakness might be an opportunity for investorsNicky Shiels, MKS PAMP SA head of metal strategy, joins 'Fast Money' to talk the recent drop in gold prices.

Persons: Nicky Shiels Organizations: MKS PAMP SA

☆ Everything you need to know about the Russian Tu-22M3 bomber plane and how Ukraine said it shot one down in war first
▼ + stars: | 2024-04-20 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +3 min

Ukraine said it had shot down a Russian supersonic Tu-22M3 plane. Here's everything you need to know about the Tu-22M3 and how Ukraine says it shot it down. AdvertisementUkrainian intelligence said on Friday that it had shot down a feared Russian Tu-22M3 bomber plane for the first time as it launched a combat mission on Ukraine. AdvertisementTupolev describes the Tu-22M aircraft series as a "conventionally designed aircraft with a variable-swept low wing." A weeklong ambushImage appearing to show the Tu-22M3 aircraft after crashing.

Persons: —, Vladimir Vladimirov Kyrylo Budanov, HUR, WarTranslated, Dmitri Organizations: Service, NATO, Tupolev, Defence Intelligence, Ukraine, BBC, Main Directorate of Intelligence, British Ministry of Defence, Russian Air Force Locations: Ukraine, Russian, Soviet, BBC Ukraine, Russia

☆ Here are 3 dividend stocks that could offer passive income, fund managers say
▼ + stars: | 2024-04-10 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

In a market where finding reliable passive income streams can be challenging, two fund managers have shared their insights on dividend stocks that could offer attractive yields and growth potential. Broadcom One such stock Burdett highlighted is Broadcom , a semiconductor and software company. Orange Another stock Burdett finds compelling is Orange SA , a French telecommunications company with a current dividend yield of 6.8%. ORA-FR 1Y line While the stock price has remained relatively unchanged this year, Wall Street expects it to rise by 25% to 13.25 euros. The spun-off cereal business of Kellogg Company, now known as Kellanova .

Persons: Matt Burdett, Burdett, Thornburg, MASMOVIL, ORA, WK Kellogg Brian Leonard, Keeley Teton, Leonard, Leonard citied WK Kellogg, Mills, WK Kellogg Organizations: Thornburg Investment, Broadcom, CA Technologies, VMware, Wall, Orange, Burdett, Orange SA, CNBC Pro, Leonard citied WK Kellogg Co, Kellogg Company Locations: Burdett, United States, French, U.S, Orange, France

☆ An Israeli warship shot down an enemy threat in the Red Sea with a new air-defense weapon for the first time
▼ + stars: | 2024-04-09 | by ( Jake Epstein | ) www.businessinsider.com time to read: +3 min

The C-Dome is the naval version of the Iron Dome and is outfitted on the Sa'ar 6-class corvette. AdvertisementAn Israeli warship shot down an enemy drone this week by firing a new naval air-defense weapon, marking the system's first-ever operational interception. It hailed the engagement as the "first operational interception" by the warship's C-Dome defense system. "The Israeli Navy is deployed in the area of the Red Sea and has both the defensive and offensive capabilities to engage with regional threats." Toward the other end of the Red Sea, meanwhile, US and allied warships have been defending key international shipping lanes from relentless Houthi attacks since November.

Persons: —, Tamir —, Rafael, Israel's Organizations: IDF, Service, Israel Defense Forces, IAF Aerial Control Unit, Screengrab, Rafael Advanced Defense Systems, Israeli Navy Locations: Israeli, Eilat, Gaza, Iran, Red, Yemen

☆ Gold pauses record rally ahead of U.S. jobs data
▼ + stars: | 2024-04-05 | by ( ) www.cnbc.com time to read: +2 min

Two Argor-Heraeus SA 250 gram gold bars at Solar Capital Gold Zrt. Spot gold was down 0.5% at $2,278.50 per ounce, as of 0328 GMT, after hitting a record high of $2,305.04 on Thursday. "Gold will continue to rally with normal pull-backs," Luca Santos, an analyst at ACY Securities said. Bullion was on track for a third straight weekly gain, up 2.3% so far, also driven by strong central bank buying and demand from momentum-following funds. Traders are currently pricing in about 65% chance that the Fed will cut rates in June, according to the CME FedWatch tool.

Persons: Luca Santos, Santos, Bullion, Hugo Pascal, Pascal, Jerome Powell Organizations: Heraeus, Solar, U.S ., Federal, ACY Securities, NFP, Palladium Locations: Budapest, Hungary, U.S

☆ Danone CEO downplays threat of weight loss drugs on food producers: 'We see ourselves as extremely complementary'
▼ + stars: | 2024-04-04 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

Bloomberg | Getty ImagesThe CEO of French consumer goods giant Danone downplayed the threat of obesity drugs on its food business, arguing that consumers were likely to turn to healthy products as part of their new weight loss regime. Antoine de Saint-Affrique said that surging demand for drugs like Wegovy and Mounjaro would only increase consumer appetite for more nutritional products. "We see ourselves as extremely complementary to GLP-1s," de Saint-Affrique told CNBC's Charlotte Reed Wednesday. GLP-1s, or glucagon-like peptide 1 agonists, are the underlying class of drugs in weight loss injections such as Wegovy and Mounjaro. watch nowThe rapid rise of such drugs has prompted concern among food makers, who fear falling sales as consumer appetite wanes.

Persons: Antoine de Saint, Affrique, Mounjaro, CNBC's Charlotte Reed, de, Kepler Cheuvreux Organizations: Danone SA, Bloomberg, Getty, Danone, Novo Nordisk

☆ Germany to redesign Adidas soccer jersey numbering amid Nazi symbol controversy
▼ + stars: | 2024-04-02 | by ( Oscar Holland | ) edition.cnn.com time to read: +3 min

CNN —German soccer authorities will redesign the number “4” on the country’s national jerseys amid claims it resembles a logo used by Nazi paramilitary units. The DFB unveiled Germany’s new uniforms, which will be worn by both men’s and women’s teams, in late March. Less than two weeks ago, the DFB announced that Nike will take over from Adidas as the German soccer team’s official shirt supplier from 2027. Adidas has produced the country’s jerseys since the 1950s, during which time the men’s team (either as Germany or West Germany) has claimed four World Cups. The logo was so widely used at the time that some German typewriters were produced with a stylized “SS” key.

Persons: Oliver Bruggen, Adolph Hitler, Walter Heck, Hitler, Guido von Organizations: CNN, Nazi, German Football Association, DFB, Schutzstaffel, UEFA, Adidas, Reuters, France, UEFA European, Nike, soccer, SS Locations: Germany, West Germany, Austrian

☆ Oil holds steady as Ukraine drone strikes, Red Sea crisis cause disruptions
▼ + stars: | 2024-03-26 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

The Charles Eddie, a crude oil tanker owned by Euronav SA, a Belgian shipping company, sails northbound on the Suez Canal in Ismailia, Egypt. Crude oil futures held steady on Tuesday as the wars in Eastern Europe and the Middle East disrupt supplies. Ukraine has escalated its drone strikes against Russian oil refineries, knocking an estimated 900,000 barrels per day of capacity offline, according to Goldman Sachs. The disruptions' impact on crude prices will likely be mixed, with a decline in refinery demand bearish while a potential reduction in Russian oil exports bullish, Goldman noted. The Red Sea disruptions combined with Russian shipping frictions has given crude prices up to a $4 boost per barrel due to larger than expected draws from commercial stocks, according to Goldman.

Persons: Charles Eddie, Brent, Goldman Sachs, Goldman Organizations: Euronav SA, The West Texas Intermediate Locations: Belgian, Suez, Ismailia, Egypt, The, Eastern Europe, Ukraine

☆ Netanyahu’s decision to cancel Rafah meetings causes new rupture with Biden
▼ + stars: | 2024-03-25 | by ( Kevin Liptak | Mj Lee | ) edition.cnn.com time to read: +9 min

Those alternatives will still be shared, American officials said, including in talks early this week between top Biden advisers and Israel’s defense minister. Hours after the delegation was canceled, Israeli minister Gideon Sa’ar submitted his resignation from the current government after not being included in the war cabinet. That led American officials to view Netanyahu’s statements Monday that the US had changed its position as peculiar and strange, the official said. Indeed, Biden’s advisers have been weighing various options for how to respond should the Rafah operation proceed. “We have no way to defeat Hamas without entering Rafah,” Netanyahu said after meetings at the end of last week with US Secretary of State Antony Blinken.

Persons: Benjamin Netanyahu’s, Joe Biden, Netanyahu, Biden, Gideon Sa’ar, Donald Trump, “, hadn’t, Biden’s, Israel, –, Ramadan, “ I’ve, I’ve, Kamala Harris, Harris, ”, ” Biden, “ We’ll, ” Netanyahu, Antony Blinken, ” Blinken Organizations: Washington CNN, Israeli, United Nations Security, United Nations Security Council, UN, White, ABC, Democratic, Netanyahu Biden Locations: Washington, Gaza, Rafah, Israel, United States, American, Egypt

GAZA StripWhy Isn’t More Aid Getting to Gazans? From El Arish, the trucks carrying aid typically undergo security checks in Rafah, Egypt, shortly before reaching the border with Gaza. One arrow points from near Rafah crossing to Kerem Shalom crossing, and a second arrow points from near Rafah crossing to Nitzana crossing. One arrow points from Nitzana crossing to Rafah crossing, and another points from Nitzana to Kerem Shalom crossing. More than a hundred Gazans died near a convoy on Feb. 29, after thousands massed around aid trucks.

Persons: Israel El Arish JORDAN Trucks, Balah Netivot Khan Younis Ofakim, Balah Khan, Salah Al Din, Rashid, Kerem, Khan Younis, Al Rashid, Israel, Trucks, Scott Anderson, Shimon Freedman, COGAT, Freedman, Mr, Anderson, Gazans, ”, Naser Qadous, Balah, Khan Younis Ofakim, Carl Skau, Sarah Schiffling, Deir, Younis Ofakim, Deir al, Biden, it’s, Schiffling, Juliette Touma, ” Ms, Touma Organizations: United Nations, West Bank Ships, Bank, Israel El Arish Trucks, Jordan, El Arish Egypt Israel Nitzana, Arrows, UNRWA, Food, Food Program, Hanken School of Economics, Central Locations: GAZA, Gaza, Gaza’s, SyRIA, Port, Israel El Arish, Cairo Egypt Saudi Arabia, Bank GAZA, Jordan Egypt, Ashkelon Gaza, Rafah, Egypt, El Arish Egypt Israel, Egypt Rafah, Egypt Israel, Rafah Rafah, Kerem, Kerem Shalom, Sderot GAZA, Gaza City Sderot Al Rashid, El Arish, Port Sa’id, Jordan, From El Arish, Nitzana, Israel, United States, Anera, ”, Khan Younis Ofakim Israel Rafah, Shalom, U.S, Air, France, Finland, Gaza City, Cyprus, Sderot, Balah, Deir

☆ All eyes will be on the Federal Reserve's interest rate outlook next week, Nvidia conference on deck
▼ + stars: | 2024-03-15 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

How the Federal Reserve plans to proceed with interest rates will be in focus next week after some recent signs of hotter inflation muddied the outlook. In December, policymakers had penciled in at least three quarter percentage point rate cuts in 2024. On Friday, stocks were headed for a losing week even after the S & P 500, for example, notched a fresh closing record just this week. The chipmaker will be under increased scrutiny next week as CEO Jensen Huang takes the stage for the company's annual AI conference. TD Wealth's Vaidya anticipates four rate cuts coming in the third and fourth quarters, though he said that outlook will remain data dependent.

Persons: Sid Vaidya, Jensen Huang, Lorie Logan, Molly McGown, McGown, Brian Nick, Wealth's Vaidya, Nick, Mills, —, Samantha Subin Organizations: Federal Reserve, Fed, Nvidia, Dallas, TD Securities, Securities, McGown, Bank of America, Housing, Micron Technology, Philadelphia Fed, PMI, PMI Manufacturing, PMI Services SA, Nike, FedEx, Darden Locations: U.S, NAHB

☆ 'Porous' sanctions haven't stopped Russia's war, but there's still more the West can do to squeeze its economy
▼ + stars: | 2024-03-10 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +5 min

According to Peach, sanctions haven't halted money from non-Western countries flowing to Russia. Even G7's bid to curb export income through a $60 per barrel cap on the price of oil hasn't really hobbled Moscow's oil trade. The West has reduced imports of Russian energy significantly but Russia has largely re-routed oil exports to Asia." Peach wrote that the West could squeeze Russian energy more by slapping secondary sanctions on third-party purchases of oil and gas from the country. AdvertisementBut it's unlikely for the West to take this path, he added, given Russia's energy dominance and the risk of sparking volatility that could end up antagonizing partners like India.

Persons: —, Vladimir Putin, Owen Matthews ,, Putin, Liam Peach, Peach, Matthews, Russia mobilizes Organizations: Service, Business, Capital Economics, Export, Central Bank of Russia, Russia, China Goods Trade, SA Locations: Ukraine, Moscow, Russia, Nord, Turkey, UAE, Asia, Europe, Russian, China, Dubai, American, India

☆ Activist Petrus Advisers has a plan to help lift Criteo’s share price. Here’s how it might unfold
▼ + stars: | 2024-03-09 | by ( Kenneth Squire | ) www.cnbc.com time to read: +8 min

Criteo operates across three segments – marketing solutions, retail media, and Iponweb – but generated 83% of its $1.95 billion of revenue in 2023 from the marketing solutions segment. To many in the investor community, this was the death knell for cookies leading to uncertainty for Criteo's largest segment. Additionally, the company's retail media segment is a very appealing and growing business using software as a service for e-commerce companies. Petrus will likely nominate outside directors to the board as they rarely propose Petrus insiders for board seats. If it does not settle, Petrus has shown that they are willing to take a proxy fight to a vote.

Persons: Petrus, Rachel Picard, Megan Clarken, Alphabet's, Criteo, Frank Layden, Petrus —, Neuberger Berman, AllianceBernstein, Evercore, Ken Squire Organizations: Criteo, Petrus Advisers, Nasdaq, Alphabet's Google, TAC, Cadian Capital Management, Bloomberg, Reuters, 13D Locations: France, Europe, Americas, Asia, Pacific

☆ Novo Nordisk market cap surpasses Tesla on new obesity pill trial data
▼ + stars: | 2024-03-08 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

Liselotte Sabroe | AFP | Getty ImagesWegovy obesity drug maker Novo Nordisk surpassed Tesla in market value, after fresh early trial data showed positive results for its new experimental weight loss pill. Novo Nordisk is now the 12th most valuable company in the world, with a market cap of $604 billion — ahead of Tesla's $569 billion, according to FactSet data. 8The uptick of Thursday extends a months-long rally for Novo Nordisk, as excitement grows around weight loss drugs and their potential wider applications. The early amycretin data marks a fresh milestone for Novo Nordisk, potentially offering a more effective and less intrusive alternative to its already widely successful injection-based Wegovy and Ozempic drugs. Wegovy showed weight loss of 6% in a 12-week trial, while Ozempic is a diabetes treatment.

Persons: Liselotte Sabroe, Eli Lilly, amycretin, Martin Holst Lange, Lange Organizations: AFP, Getty, Novo Nordisk, Tesla, Microsoft Corp MSFT, Apple Inc, AAPL, NVIDIA Corp NVDA Technology, Saudi Aramco, SA Energy, Inc, AMZN Consumer, GOOGL, Berkshire Hathaway BRK.B, Company LLY Healthcare, Broadcom Inc, AVGO Technology, Taiwan Semiconductor TSM, Novo Nordisk NVO, Finance, JPMorgan Chase JPM, Reuters Locations: Bagsvaerd, Copenhagen, Denmark, Danish, London, Saudi, Mar, Europe

☆ Lone orca slays great white in less than two minutes and feasts on its liver
▼ + stars: | 2024-03-01 | by ( Katie Hunt | ) edition.cnn.com time to read: +7 min

Scientists witnessed one of the hunters, a male orca known as Starboard, single-handedly kill a 2.5-meter (8.2-foot) juvenile white shark within a two-minute time frame last year. “Over two decades of annual visits to South Africa, I’ve observed the profound impact these killer whales have on the local white shark population. A second great white shark carcass washes ashore in June near Hartenbos, South Africa. It wasn’t until 2022 that aerial footage first captured the orcas killing a great white shark, Towner said. The kill by a lone orca might have been made possible by the prey’s smaller size as a juvenile great white, according to the study.

Persons: I’ve, ”, Primo Micarelli, I’m, ” Micarelli, It’s, Alison Towner, Towner, didn’t, Christiaan Stopforth, ” Towner, “, Dr, Simon Elwen, wasn’t Organizations: CNN, Italy’s Sharks Studies Centre, University of Siena, of Marine Science, Rhodes University, ”, Cape Town, Search Research, Conservation, Stellenbosch University Locations: Cape Town, South Africa, ” Port, Seal, Mossel, Cape, Hartenbos, Namibia

You get tax forms such as W-2s and 1099s from employers and financial institutions each year. "It's the [IRS] matching software that's the biggest, most consistent problem for taxpayers," said Bill Smith, national director of tax technical services at financial services firm CBIZ MHM. Since the IRS already has a copy of your tax forms, its software can easily flag missing forms, Smith explained. When to expect tax formsWhile many tax forms must be sent by Jan. 31, others won't arrive until mid-February or beyond. While most taxpayers will receive forms from their employers or financial institutions, some may not, especially for small amounts.

Persons: Bill Smith, CBIZ, Smith, Henry Grzes, Tom O'Saben, Jan, " Smith, O'Saben Organizations: IRS, American Institute of CPAs, National Association of Tax, NEC, SA

☆ 45 years ago, NASA's Voyager spacecraft flew past Jupiter. See how the iconic video compares to photos of the planet today.
▼ + stars: | 2024-02-24 | by ( Morgan Mcfall-Johnsen | Ellyn Lapointe | ) www.businessinsider.com time to read: +4 min

Read previewVoyager was one of NASA's most ambitious missions, and Jupiter is arguably our solar system's most beautiful planet. Jupiter as seen by Voyager 1 (left) is far less detailed than this enhanced imaged of Jupiter captured by Juno. NASA / JPL; NASA/JPL-Caltech/SwRI/MSSS/Rita Najm © (CC BY)The planet's iconic Great Red Spot is an anticyclone large enough to swallow Earth. Juno captured this close-up of Jupiter's Great Red Spot (right) in sharper detail than Voyager 1 did (left). Jupiter's reddish-orange South Temperate Belt, with the Great Red Spot, the most dominant atmospheric feature in the planet's southern hemisphere.

Persons: —, Bradford Smith, NASA Voyager, Tanya Oleksuik, Rita Najm, Gerald Eichstädt, Seán Doran Juno, Alain Mirón Velázquez, Kevin M, Gill, Navaneeth Krishnan Organizations: Service, NASA, Business, JPL, Juno, Caltech, Space Locations: Jupiter

☆ Wall Street will try to maintain AI-fueled momentum in the final week of February, as inflation concerns linger
▼ + stars: | 2024-02-23 | by ( Sarah Min | ) www.cnbc.com time to read: +8 min

In the final week of February, Wall Street will strive to maintain its AI-fueled rally even as economic concerns linger and the Federal Reserve's favorite inflation measure is on deck. But many worry the writing is on the wall for these market leaders as economic and inflation risks linger. The 'lone cloud' of inflation The Fed's preferred inflation gauge will also be released in the week ahead. Investors are concerned that sticky inflation will mean that the Fed will hold onto its higher-for-longer interest rate policy. Next week will also be the final week of February, with stocks headed for another strong month of gains.

Persons: Goldman Sachs, Patrick McDonough, Europe's, PGIM's McDonough, McDonough, Charlie Ashley, Dhaval Joshi, Joshi, Ashley, John Williams, TJX Cos Organizations: Dow Jones Industrial, Nasdaq, Nvidia, Japan's Nikkei, Catalyst Funds, BCA Research, CPI, PPI, Dow, New, Dallas Fed, Fidelity National Information Services, Richmond Fed, eBay, Enterprise, Cruise Line Holdings, New York Federal Reserve Bank, York, Monster Beverage, Paramount Global, PCE Deflator, Chicago PMI, . Kansas City Fed Manufacturing, Hewlett Packard Enterprise, Autodesk, Body, Hormel, PMI, Manufacturing Locations: U.S, Lowe's, Chicago, . Kansas, Michigan

☆ Oil down in thin trade as U.S. gears up for Presidents' Day
▼ + stars: | 2024-02-19 | by ( ) www.cnbc.com time to read: +2 min

A pump jack at an oil lot connected to the Petroleos del Peru SA Talara refinery in Piura, Peru, on Wednesday, Dec. 13, 2023. Oil prices edged down on Monday morning as markets digested comments from U.S. Federal Reserve officials pointing to a more patient stance regarding potential interest rate cuts, in thin early trade on what is a public holiday in the United States. U.S. West Texas Intermediate crude was 35 cents, or 0.44%, lower at $78.84 at 0138 GMT. Markets are yet to see the direction of demand from China after that country returns from a week-long Lunar New Year holiday, while Presidents' Day in the United States is set to keep trade relatively muted. Higher rates keep up the cost of buying oil, providing for a bearish market trend.

Persons: Brent, Alexei Navalny, Vladimir Putin's Organizations: del, del Peru SA Talara, U.S . Federal, . West Texas, Yemen's, of, Petroleum, ANZ Research, International Energy Agency, ANZ, United Nations Security Council Locations: del Peru, Piura, Peru, U.S, United States, China, Gaza, Yemen's Iran, India, Algerian, Israel, Europe, Russia, Ukrainian, Avdiivka, Moscow

☆ Israel’s repudiation of a deal with Hamas draws fury from hostages’ families
▼ + stars: | 2024-02-09 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +10 min

Survivors of the October 7 terror attack and the families of hostages were furious at the uncompromising repudiation of a deal that – ultimately – could have resulted in the return of all the remaining hostages in Gaza. Moshe’s words carried power – she was kidnapped by Hamas from Kibbutz Nir Oz and held hostage in Gaza for seven weeks. The families of the hostages held in Gaza have emerged as a leading voice and they attract huge support among Israelis. Protesters demand a hostage deal amid the ongoing conflict between Israel and Hamas, in a demonstration in Tel Aviv, Israel, on February 1, 2024. These anti-government protests are still strictly separate from the hostage families’ events, which tend to take place just down the road at what has become known as the Hostage Plaza.

Persons: Benjamin Netanyahu, “, ” Netanyahu, –, Adina Moshe, Netanyahu, Sahar Kalderon, Aviva Siegel, Nili Margalit, Sharon Aloni Cunio, Susana Vera, I’m, ” Moshe, Nir Oz, David, Sa’id, Moshe, Lital Shochat, Shochat, ‘, Shochat Chertow, Shiva, ”, Doron Shabtai, Shabtai, Ivana Kottasova, Yair Lapid, ” “, Bibi ”, Evyatar Cohen, … Organizations: Tel, Tel Aviv CNN, State, Wednesday, Reuters, Protesters, Israel Democracy HQ, Hamas, CNN, Israeli, Yesh Locations: Tel Aviv, Israel, Gaza, Sderot, Jerusalem, Israel’s, Lebanon

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