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☆ Top Wall Street analysts pick these 3 stocks for attractive returns
▼ + stars: | 2024-03-31 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Wall Street analysts are ignoring the short-term noise and remain focused on companies that have strong fundamentals and can generate attractive returns in the long run. Bearing that in mind, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Micron TechnologyThis week's first stock pick is memory chipmaker Micron Technology (MU), which impressed investors with its strong quarterly performance. Bolton noted that Micron's HBM3E memory solution generated revenue in the fiscal second quarter and has already sold out for calendar year 2024. He highlighted management's commentary about generating several hundred million dollars of revenue from HBM3E in fiscal 2024 and driving fiscal 2025 revenue to record highs.

Persons: Needham, Quinn Bolton, Bolton, TipRanks, LULU, Robert Drbul, Drbul, Christopher Rolland, Rolland Organizations: Wall Street, Micron, Micron Technology, MU, Bolton, Broadcom, Susquehanna, Symantec, VMware Locations: Santa Monica, United States, U.S

☆ He Expresses Himself Through Art. She Through Math.
▼ + stars: | 2024-03-29 | by ( Alyson Krueger | ) www.nytimes.com time to read: +1 min

The last weekend of February, Sharif Hussein Farrag, a ceramic artist, raced colorful clay rats that he sculpted and placed on motorized vehicles around a sports field outside the Santa Monica Airport. The performative art piece was part of Frieze Los Angeles, a weekend-long contemporary art show, and Mr. Farrag, dressed in a white racing suit and waving a black and white checkered racing flag, explained to the steady stream of art critics, artists, collectors and spectators that it symbolized the “rat race” of capitalism. “It was a lot of attention,” said Mr. Farrag, 30, who is currently represented by François Ghebaly, a gallery in Los Angeles, but was doing this piece for the Art Production Fund, which supports public art projects across the country. “I was on display with my art.”But that was just the beginning of a whirlwind week. A week later, on March 9, he was at the Eden Garden Bar and Grill, a restaurant in Pasadena, Calif., marrying Alexandra Ann Plzak, 27, his girlfriend since college.

Persons: Sharif Hussein Farrag, Farrag, ”, François Ghebaly, Alexandra Ann Plzak Organizations: Santa Monica Airport, Art, Fund, Eden Garden Locations: Los Angeles, Eden, Pasadena , Calif

☆ Louis Gossett Jr., 1st Black man to win supporting actor Oscar, dies at 87
▼ + stars: | 2024-03-29 | by ( ) www.cnbc.com time to read: +8 min

Louis Gossett Jr., the first Black man to win a supporting actor Oscar and an Emmy winner for his role in the seminal TV miniseries "Roots," has died. Gossett became the third Black Oscar nominee in the supporting actor category in 1983. "More than anything, it was a huge affirmation of my position as a Black actor," he wrote in his 2010 memoir, "An Actor and a Gentleman." "I knew too little to be nervous," Gossett wrote. Gossett went to Hollywood for the first time in 1961 to make the film version of "A Raisin in the Sun."

Persons: Louis Gossett Jr, Oscar, Gossett's, Neal L, Gossett, Nelson Mandela, Louis Gossett, Ben Vereen, LeVar Burton, John Amos, Richard Gere, Debra Winger, David Susskind, Ed Sullivan, Red Buttons, Merv Griffin, Jack Paar, Steve Allen, James Dean, Marilyn Monroe, Martin Landau, Steve McQueen, Frank Silvera, Sidney Poitier, Ruby Dee, Diana Sands, Billy Daniels, Sammy Davis Jr, Melvyn Douglas, Anne Baxter, Patrick O'Neal, Royce Corniche, Richard Pryor, Sharon Tate's, Charles Manson's, Louis Cameron Gossett, Louis Sr, Sadat, Dave Karger's, Satchel Paige, Josephine Baker, Oscar didn't, Satie, Robert Gossett, Hattie Glascoe, Christina Mangosing, Cyndi James, Reese Organizations: HOLLYWOOD, TCM, Associated Press, Oscar, Globe, Broadway, New York University, Hollywood, Beverly Hills Hotel, Universal Studios, Eracism Foundation, Rockford, Mamas, White Locations: CA, Hollywood , California, Santa Monica , California, Malibu, Brooklyn, Manhattan, Hollywood, Los Angeles County, Beverly Hills, Coney, Brooklyn , New York, Malibu .

☆ Louis Gossett Jr., 87, Dies; ‘An Officer and a Gentleman’ and ‘Roots’ Actor
▼ + stars: | 2024-03-29 | by ( Anita Gates | ) www.nytimes.com time to read: 1 min

Louis Gossett Jr., who took home an Academy Award for “An Officer and a Gentleman” and an Emmy for “Roots,” both times playing a mature man who guides a younger one taking on a new role — but in drastically different circumstances — died early Friday in Santa Monica, Calif. Mr. Gossett’s first cousin Neal L. Gossett confirmed the death. Mr. Gossett was 46 when he played Emil Foley, the Marine drill instructor from hell who ultimately shapes the humanity of an emotionally damaged young Naval aviation recruit (Richard Gere) — in “An Officer and a Gentleman” (1982). Reviewing the movie in The New York Times, Vincent Canby described Sergeant Foley as a cruel taskmaster “recycled as a man of recognizable cunning, dedication and humor” revealed in “the kind of performance that wins awards.”

Persons: Louis Gossett Jr, ”, —, Gossett’s, Neal L, Gossett, Emil Foley, Richard Gere, Vincent Canby, Sergeant Foley Organizations: Naval, New York Times Locations: Santa Monica, Calif, “

☆ A W-2 employee who used real estate to reduce federal taxes on his $300,000 salary by 99% explains how to pick the right property to qualify for the tax loophole and maximize deductions
▼ + stars: | 2024-03-02 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

By then, he had sold his short-term rental property for a profit, but he still owned other long-term rentals. Therefore, they used the real-estate professional status and bonus depreciation to reduce their taxable income. The main one is through the short-term rental tax loophole (STR loophole). For example, Eileen pointed to Henderson, Nevada, which won't allow a short-term rental permit for a house if there is a permit for an existing short-term rental within 1,000 feet. Deductions would cancel out the taxes owed from the property's revenue, and what is left will reduce your W2 taxable income.

Persons: Michael Hyun, Joshua, Hyun, Eileen Kim, Eileen's, Michael, Brandon Ford, Eileen, Ford, Michael said, you'll Organizations: Business, CPA, IRS, Tax Relief, American Families and Workers Locations: Joshua Tree , California, New York City, San Francisco, Santa Monica , California, Henderson , Nevada, San Jose , California, Alameda County

☆ In Los Angeles, Even an Art Fair Is Really About the Parties
▼ + stars: | 2024-03-02 | by ( Alyson Krueger | ) www.nytimes.com time to read: 1 min

“I think Frieze is fantastic,” James Corden said. “I went to the one in London before anyone in L.A. even knew what it was.”It was Tuesday in Los Angeles, and Mr. Corden, the former late-night host who now lives in London, was standing inside the Holmby Hills home of Jimmy Iovine, the co-founder of Interscope Records and the former chief executive of Beats Electronics. About 225 people had gathered for an art auction hosted by Mr. Iovine and Dr. Dre and organized by Sotheby’s. The event was part of a week of art talks, exhibitions and dinners culminating in Frieze Los Angeles, a four-day contemporary art fair held at the Santa Monica airport.

Persons: ” James Corden, “, Corden, Jimmy Iovine, Iovine, Dre Organizations: Interscope Records, Beats Electronics, Sotheby’s, Santa Locations: London, L.A, Los Angeles, Santa Monica

☆ Frieze Los Angeles Opens Amid Attention to Asian Artists
▼ + stars: | 2024-02-28 | by ( Robin Pogrebin | ) www.nytimes.com time to read: +1 min

Last year, Meeson Pae, a Korean American multidisciplinary artist, walked through the Frieze Los Angeles art fair and thought, “One day, I hope to be here.”This year, she will be, in the booth presented by the gallerist Anat Ebgi at the fair, at the Santa Monica Airport, which opens to V.I.P.’s on Thursday and to the public on Friday. Pae is just one of the dozens of Asian artists, gallerists, curators and collectors in Los Angeles who over the last few years have been gaining recognition and attention from the city’s galleries, museums and the marketplace. The art world’s recent emphasis on equity and inclusion is moving beyond a focus on Black and Latino contributions to include Asian Americans and Pacific Islanders, who have a long history in the city but until recently have tended to be left out of any discussion of the art market, and may have experienced discrimination — even racist incidents — during the Covid-19 pandemic. In Los Angeles, Asian Americans represent the third largest racial group, behind Latinos and whites. And California’s Asian American and Pacific Islander population grew by 25 percent over the past decade, faster than any other ethnic group in the state.

Persons: Meeson, Anat Ebgi, Pae Organizations: Frieze, Santa Monica Airport, Pacific Islanders, Pacific Locations: Korean American, Angeles, Los Angeles, Asian, Pacific Islander

☆ The office market is so bleak that Canada's largest pension fund sold its stake in an NYC building for $1
▼ + stars: | 2024-02-27 | by ( Phil Rosen | ) www.businessinsider.com time to read: +4 min

Canada's largest pension fund sold a stake in a New York building for $1. The Canada Pension Plan Investment Board did not immediately respond to Business Insider's request for comment. The Canada Pension Plan Investment Board operates a $436.9 billion fund, with a global real estate portfolio worth roughly $30.6 billion. According to the Bloomberg report, the pension isn't backing out entirely from the office real estate sector, but it's also limiting its holdings in the space. Economists at Moody's, too, expect more pain ahead for commercial real estate.

Persons: —, it's, Goldman Sachs, Moody's Organizations: Service, Pension Plan Investment Board, Bloomberg, Pension Plan Investment, Boston Properties, Santa, Santa Monica Business Park, Bank, New York Community Bank Locations: New York, Canada, Santa Monica, Silicon, Moody's

☆ How America’s once great department stores became a dying breed
▼ + stars: | 2024-02-27 | by ( Chris Isidore | ) edition.cnn.com time to read: +12 min

But department stores, focused on America’s middle class, are fading. The victims of shifting consumer tastes were not the department stores that anchored the local mall, it was the small, locally owned stores along downtown shopping districts that were closing their doors. And possibly even more than the big box competitors, department stores have suffered from consumers shifting to buying items online rather than in person. The steady closing of the department stores that once served as “anchors” of malls across suburban America has been another nail in the coffin of many malls, hurting the department stores that remained in hollowed-out malls with a fraction of their earlier traffic. Saunders said one of the primary problem for Macy’s is that its holding company, formerly known as Federated Department Stores, spent much of its resources on buying other department store brands, such May’s Department Stores, and Filene’s, rather than investing in the stores its held.

Persons: New York CNN —, Neil Sauders, ”, JC Penney, It’s, “, Neil Saunders, Shannon Stapleton, Saunders, ” Saunders, Al Bello, Sunny Zheng, Macy’s, Tony Spring, Taylor, Brian Snyder, Eddie Lambert, Michael Brown, Kearney, ” Brown, Mike Segar, Richard W, Sears, Alvah Roebuck, Sears Roebuck, Bettmann, PhotoQuest, Jack Manning, Frank Scherschel, Owen, Lucille Jagusch, Arlene Hardt, Martin Luther King Jr, Michael Ochs, Ron Frehm, Ralf, Finn Hestoft, Mark Peterson, Seth Meyers, Hugh Jackman, NBCUniversal, Kaylin Wilson, Jim Cole, Rene Johnston, Maria Alejandra Cardona, Scott Olson, Cesar Villasenor, Mel Melcon, Sarah Blesener, Paul Hennessy, Patti Naleck, Naleck, Stacey Wescott, Brown Organizations: New, New York CNN, American, Walmart, Company, Department, Sears, Target, GlobalData, JCPenney, Research, RadioShack, Reuters Sears, Federated Department Stores, May’s, Reuters, Chicago History, Sears Roebuck, Roebuck, Hulton, AP, AP Soldiers, Michael Ochs Archives, Getty, Bettmann, Kmart, Bloomberg, Toronto Star, Reuters Residents, Los Angeles Times, New York Times, Chicago Tribune, Tribune, Service Locations: New York, GlobalData, America, Nanuet , New York, North Redwood , Minnesota, Chicago, El Paso , Texas, Jackson , Mississippi, Tucson , Arizona, Caracas, Venezuela, Niles , Illinois, Morton Grove , Illinois, Baltimore, White Plains , New York, Woodfield , Illinois, Hicksville , New York, Nashua , New Hampshire, Mentor , Ohio, Mississauga , Ontario, Hialeah , Florida, Janesville , Wisconsin, Santa Monica , California, Rockaway , New Jersey, Leesburg , Florida, Schaumburg , Illinois

☆ The Best Style From the Independent Spirit Awards
▼ + stars: | 2024-02-25 | by ( The Styles Desk | ) www.nytimes.com time to read: +1 min

“The Independent Spirit Awards, where the dress code is, get dressed,” said John Mulaney during his bit at the 2018 show, which he co-hosted along with comedian Nick Kroll. There are substantial differences between these awards and the rest of the seasonal intake of trophies this time of year — including, for the second year, all acting categories are gender-neutral — but last year “Everything Everywhere All at Once” won best picture awards at both the Oscars and the Indie Spirits. Held in broad daylight in a tent on a beach in Santa Monica, the show has always been presented as the looser, hipper distant cousin of the Oscars — the outfits could also be somewhat described the same way. Due to the time of day it’s held (2 p.m. PST), this is one place during awards season when the industry can kick off their heels, leave the evening gowns at home and show off their casual wares, which has the potential for interesting style choices. Here are some of the best ones.

Persons: ”, John Mulaney, Nick Kroll, Aidy Bryant, Joel Kim Booster, Greta Lee, Jude Law, Colman Domingo, Emma Corrin, hipper, it’s Locations: Santa Monica

☆ Does your dog need a coat?
▼ + stars: | 2024-02-24 | by ( Alicia Wallace | ) edition.cnn.com time to read: +11 min

But all this begs the question: Does your dog need a coat? From high-fashion to high-performanceThere’s evidence of dog fashion and clothing throughout history — from the ancient Egyptians and 19th-century Paris dog boutiques to early 20th-century photographs of dogs wearing clothes. Prada's Re-Nylon puffer dog coat with hood comes in two colors and three sizes, $825 From PradaBut the transition from Fifth Avenue high-end and high fashion to high-performance and technical function has certainly accelerated in recent decades. Doberman Pinschers — along with sleek breeds like Greyhounds and Whippets — are prime candidates for dog coats because of their short hair, thin skin and minimal body fat. “Make sure the coat fits well for safety and they’re supervised while wearing the coat.

Persons: Jerry Klein, Klein, Godiva, Jessica Rinaldi, I’m, ”, Alan Fausel, Enoch Frères, ” Fausel, Tiffany, Bruiser Woods, ” Frank, “ Frasier, Prada, Gucci, Prada's, Peter Kearns, Batman, Robyn Baldrey, Joe Hafner, Voyagers, ” Hafner, That’s, ” Coats, Jackie Moord, Mark Makela, Nicole Wheatley, Shanoa, ’ ” Wheatley, MeadowCat, Wheatley, Minnesota’s Northwoods, Drogo, Lois Katchur, Richter, Whippets, Leon, Sypha, ” Wheatley, Jennifer Bruns, Kent Nishimura, ” Bruns, they’re Organizations: Minnesota CNN —, American Kennel Club, CNN, Boston, Boston Globe, AKC Museum, Prada, Fifth, American Pet Products Association, “, Husky, PetSmart Veterinary Services, Los Angeles Times Locations: Anoka, Minnesota, Boston , Massachusetts, New York City, Paris, Seattle, Bend , Oregon, Santa Monica, It’s, Tacoma , Washington, Ada , Michigan, Rehoboth Beach , Delaware, Anoka , Minnesota, Minnesota’s, Muncy , Pennsylvania, Washington , DC

☆ Photographer Paul Pfeiffer ‘camouflages’ celebrities in and out of the public eye
▼ + stars: | 2024-02-21 | by ( Ann Binlot | ) edition.cnn.com time to read: +6 min

The picture, “Four Horsemen of the Apocalypse (30),” is a 2015 work by the Filipino-American artist Paul Pfeiffer. He discovered the original image, a 1967 photograph by famed basketball photographer Walter Iooss Jr., on the NBA’s online archive. In fact, the “Four Horseman of the Apocalypse” series also started out with five other studio-shot portraits of Monroe. “Everything I think about in terms of film celebrities, is even more apt if we think of it in relation to athletes,” said Pfeiffer. Pfeiffer relates the fleeting relationship between stardom and anonymity to the age of influencers and social media stars in particular.

Persons: Converse Chuck Taylor, Paul Pfeiffer, Walter Iooss Jr, Bill Russell, John Havlicek, Wilt Chamberlain, Russell, Iooss Jr, ”, “ Paul Pfeiffer, Paula Cooper, Pfeiffer, —, “ They’re, ” Pfeiffer, “, Marilyn Monroe, George Barris, — Monroe, Marilyn —, Zak Kelley, Monroe, Norma Jean, Pfieffer Organizations: CNN, NBA, Boston Celtics, Philadelphia, NBA Eastern, Boston Garden, Museum of Contemporary Art, Hunter College, Parsons School of Design, Contemporary, Madison Locations: American, Pfeiffer’s reimagining, Los Angeles, New York, Chelsea, Santa Monica, Pfeiffer's

☆ An entrepreneur took a chance on the pickleball trend, and his business went from zero revenue during the pandemic to seven figures. 3 philosophies helped him take the leap.
▼ + stars: | 2024-02-20 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +9 min

Jon Neeter, a small business owner since 2010, has seen the highs and lows of entrepreneurship. This article is part of "Unlocking Small Business Success," a series providing micro businesses with a road map to growth. They leased the real estate — a single tennis court with an attached 330-square-foot pro shop — and bought the business. The second half of 2019 was a particularly challenging time for the small business owner. His goal was to "build the best pickleball shop in the country," he said.

Persons: Jon Neeter, It's, —, Neeter, pickleball, I'd, everybody's, Pickleball, Jon Neeter Rather, You'll Organizations: Service, BI, Santa Monica Pickleball Center, Santa Monica Tennis Center, Santa Locations: Santa Monica , California, California, America, Southern California, Los Angeles

☆ The most daring looks celebrities wore at the 2024 People's Choice Awards
▼ + stars: | 2024-02-19 | by ( Amanda Goh | ) www.businessinsider.com time to read: +1 min

The 2024 People's Choice Awards took place in California on Sunday. While some celebrities wore neon colors, others opted for bold cut-outs and feather detailing. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe 2024 People's Choice Awards, hosted by Simu Liu, took place in Santa Monica, California, on Sunday. Several celebrities rocked up to the red carpet in bold, colorful outfits that featured cut-outs, ruffles, and feathers.

Persons: Heidi Klum, Lainey Wilson, Natasha Bedingfield, —, Simu Liu Organizations: Service Locations: California, Santa Monica , California

☆ The People’s Choice Awards: 6 eye-catching red carpet looks
▼ + stars: | 2024-02-19 | by ( Oscar Holland | ) edition.cnn.com time to read: +5 min

CNN —The People’s Choice Awards often serve up one of the year’s most entertaining red carpets. Michael Tran/AFP/Getty ImagesLaverne Cox always brings drama to the red carpet — as did the late fashion designer Thierry Mugler. Ice SpiceIce Spice's outfit certainly stood out on the red carpet, mixing colors, textures, patterns and styles. Michael Tran/AFP/Getty ImagesThere are few stars who could get away with a sweater vest over a shirt and tie on the red carpet. Monica Schipper/Getty ImagesThis year’s awards season has seen a resurgence of floral patterns and detailing on the red carpet.

Persons: Margot Robbie, Ryan Gosling, Ayo, Laverne Cox Laverne Cox, Thierry Mugler bustier, Giuseppe Di Morabito, Michael Tran, Laverne Cox, Thierry Mugler, Thierry, Cox, Monica Schipper, Le Vian, Billie Eilish, Kylie Minogue Kylie Minogue, Raisa Vanessa, Kylie Minogue’s, Vanessa, Minogue, ”, Markell Washington, Washington, Xochitl Gomez Xochitl Gomez, Xochitl Gomez, Gucci Organizations: CNN, Barker, Getty, Spice, New, Washington Social Locations: London, Santa Monica, AFP, “, Washington

☆ Nvidia earnings, Fed minutes on deck next week as Wall Street assesses interest rate outlook
▼ + stars: | 2024-02-16 | by ( Sarah Min | ) www.cnbc.com time to read: +8 min

The Dow Jones Industrial Average, S & P 500 and the Nasdaq Composite each snapped a five-week advance. On average, market strategists on Wall Street anticipate the S & P 500 will end the year at 4,936, according to a CNBC survey . The equal-weighted S & P 500 index is up just 1.7% in 2024, trailing far behind the market-cap weighted benchmark. Initial Claims (02/17) 9:45 a.m. PMI Composite preliminary (February) 9:45 a.m. S & P PMI Manufacturing preliminary (February) 9:45 a.m. S & P PMI Services preliminary (February) 10 a.m. Existing Homes Sales (January) Earnings: Booking Holdings , Live Nation Entertainment , Intuit , Edison International , Dominion Energy , Moderna , PG & E , Keurig Dr. Pepper Friday, February 23, 2024 Earnings: Warner Bros.

Persons: chipmaker, Ayako Yoshioka, Yoshioka, Jerome Powell, Josh Emanuel, everybody's, Emanuel, Russell, They're, Chris Chen, Chen, Dr, Pepper, Nick Wells, Kif Leswing Organizations: Nvidia, CNBC, Dow Jones, Nasdaq, Federal Reserve, Investor, Treasury, Wilshire Associates, American Association of, Insight Financial, Walmart, Home, Alto Networks, Diamondback Energy, Caesars Entertainment, Marathon, Devices, Chicago, PMI, Holdings, Nation Entertainment, Intuit, Edison International, Dominion Energy, Moderna, Warner Bros Locations: U.S, Santa Monica, Calif

☆ The Doomsday Clock Keeps Ticking
▼ + stars: | 2024-02-12 | by ( Dennis Overbye | ) www.nytimes.com time to read: +2 min

In Seattle, where I grew up in the 1950s and ’60s, it was common wisdom that in the event of nuclear war, we were No. 2 on the target list because Seattle was the home of Boeing, maker of B-52 bombers and Minuteman missiles. In school we had various drills for various catastrophes, and we had to remember which was which. “The 40-year-long East-West nuclear arms race has ended.”A year ago, after Russia invaded Ukraine and brandished the threat of using nuclear weapons, the clock was set to 90 seconds to midnight, the closest it has yet come to The End. The threat of nuclear weapons in Ukraine has diminished since then, but the clock remains poised at 90 seconds before zero.

Persons: “, ” Organizations: Seattle, Boeing, Minuteman, Atomic Scientists Locations: Seattle, Santa Monica, Los Angeles, San Fernando Valley, Soviet Union, Russia, Ukraine

☆ How not to raise an iPad kid, according to 3 experts and 3 parents who have made the switch
▼ + stars: | 2024-02-07 | by ( Kelly Burch | ) www.businessinsider.com time to read: +6 min

"The goal isn't to demonize screens entirely, but to create a healthy balance in your family's life," Ganjian told Business Insider. Make other options more appealingSince we live in a digital world, kids will have more and more access to screens as they grow. Setting up healthy habits means not just restricting screen time but also teaching kids how to manage the pull of digital distractions. Keep all devices in another room during family mealtimes, and consider barring kids from taking their devices into their bedrooms. Decide what must happen before screen timeHermans emphasizes screen time should be in addition to downtime, not in place of it.

Persons: —, Daniel Ganjian, Ganjian, Jonathan Maynard, Jenna Hermans, Laura Siciliano, Rosen, Siciliano, Maynard, Angela Sharp, Sharp, Helene Abiola, Abiola, Jamie Davis Smith, Hermans Organizations: Service, Providence Saint John's Health, Business, Providence Mission Hospital, YouTube, Apple Locations: Santa Monica , California, kilter, Providence, Mission Viejo , California

☆ Snap shares drop 30% after company's revenue miss and weak guidance
▼ + stars: | 2024-02-07 | by ( Alex Koller | ) www.cnbc.com time to read: +3 min

Evan Spiegel, CEO of Snap Inc., speaks onstage during the Snap Partner Summit 2023 at Barker Hangar on April 19, 2023 in Santa Monica, California. Snap shares tanked 30% in Wednesday morning trading, a day after the company missed revenue estimates and issued light guidance in its fiscal fourth-quarter earnings report. Snap reported revenue of $1.36 billion for the quarter, slightly below the $1.38 billion expected by analysts, according to LSEG, formerly known as Refinitiv. They noted that strong ad improvements and impression growth at Meta and Amazon could represent another headwind for Snap's ad revenue. "Stepping back, 4Q was a mixed bag, but the acceleration in 1Q gives us confidence that things are getting back on track," the analysts wrote.

Persons: Evan Spiegel, Morgan Stanley, — CNBC's Michael Bloom, Jonathan Vanian Organizations: Snap Inc, Barker, Meta, Barclays, 4Q, SNAP, JPMorgan, CNBC PRO Locations: Santa Monica , California

DETROIT (AP) — A couple of blocks from the San Francisco-Oakland Bay Bridge, Electrify America is about to open an indoor charging station that lets drivers relax in a lounge while their electric vehicle batteries are being filled up. On Santa Monica Boulevard in Los Angeles, Tesla is building a combination drive-in restaurant, movie theater and charging station. Several convenience store chains have set up charging stations outside their businesses and offer food, restrooms and 24-hour service for EV owners. He said he doesn't necessarily think charging stations with more amenities will become a big attraction for most EV owners. Sometimes, businesses near charging stations are closed, and there's no place to go while charging.

Persons: Tesla, Robert Barrosa, ” Barrosa, Barrosa, ”, Rick Wilmer, Bruce Westlake, Kevin Smith, Smith, Joe Biden, Westlake, “, ” Westlake Organizations: DETROIT, downtown, EV, Santa, ”, Eastern Michigan Electric Vehicle Association, “ Locations: San Francisco, Oakland, America, downtown San Francisco, United States, Santa Monica, Los Angeles, U.S, Atlanta, South Market, Midwest, Murfreesboro , Tennessee

☆ Southern California neighborhoods that attract the rich and famous are also some of the hardest-hit areas during major storms
▼ + stars: | 2024-02-06 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAs an atmospheric river pounds Southern California with a historic deluge of rain, some of the hardest-hit areas also happen to be among the most desirable zip codes. Beverly Hills and the Hollywood Hills of Los Angeles were both under flash flood warnings on Monday. AdvertisementFurther from Los Angeles, other areas that draw the wealthy also tend to be at an increased risk of flooding and landslides when huge quantities of rain hit the state. AdvertisementMontecito's fire chief told the Los Angeles Times that this storm could be more intense than the one that hit in January 2023.

Persons: —, Todd, Keki Mingus, I've, Ellen DeGeneres, Prince Harry, Meghan Markle, DeGeneres, David Neels Organizations: Service, Beverly, Hollywood, Beverly Hills, Business, National Weather Service, NWS, Census Bureau, Santa, Los Angeles Times, Bel Air, Studio, KTLA, Associated Press, Montecito Fire, LA Times Locations: Southern California, Beverly Hills, Los Angeles, Hollywood, Santa Monica, Malibu, Pacific, Bel, Studio City, Sherman Oaks, Encino, Topanga, Woodland Hills, City, Montecito, Santa Barbara

☆ See Where Heavy Rainfall Deluged California
▼ + stars: | 2024-02-05 | by ( Zach Levitt | Elena Shao | ) www.nytimes.com time to read: +2 min

See Where Heavy Rainfall Deluged CaliforniaHourly precipitation Total precipitation accumulation 0.5 1 2 3 4 inchesSource: National Oceanic and Atmospheric Administration’s National Centers for Environmental Prediction Notes: Data reflects near-real-time analysis of liquid precipitation amounts. The storm lingered over Southern California on Monday, with some areas receiving record-breaking rainfall. The Los Angeles River in Los Angeles, Calif., on Monday. Residents dig out a road after a mudslide in the Sherman Oaks neighborhood of Los Angeles. ReutersThe latest storm is the second atmospheric river to drench California in a few days.

Persons: Jenna Schoenefeld, Jill Cowan Organizations: Centers for, Times, National Weather Service, Calif, The New York Times, Hollywood, The New York, Reuters, Area, Coast Locations: California, Southern California, Los Angeles, Los, Santa Monica, Studio City, San Fernando Valley, Laurel, Studio, Angeles, Sherman Oaks, drench California

☆ The Fall of the Timepiece Gentleman, the Luxury Watch Dealer Who Ran Afoul of the Feds
▼ + stars: | 2024-02-04 | by ( David Kushner | ) www.businessinsider.com time to read: +29 min

Farrer is better known as the Timepiece Gentleman, the flashiest online dealer in the $75 billion luxury watch trade. All he needed was the right name for his luxury watch business — something distinctive, something memorable. In his mind, he pictured what the ultimate luxury watch dealer would look like. To launch his career as the Timepiece Gentleman, Farrer boned up on the jargon of horology, from escape wheels and spring barrels to flinques and guilloches. Despite the staggering size of the luxury watch trade, nobody had thought to market its glamour and mystique.

Persons: Reddit, I've, Anthony Farrer, Farrer, Mark Wahlberg, Marky Mark, Patek Philippes, Sharf, Prada, he'd, Cameron, Travis Baker, chronograph, Richard Chance, He'd, timepieces, Farrer boned, they're, Kevin Hart, It's, Buyers, Darby McVay, McVay, Liz Guilliams, Guilliams, You've, Dallas —, Crimepiece, vouching, Santa Monica, —, Darth Vader, y'all, reselling, Anthony, stiffing, Wesley Stokes, Stokes, Bob Schober, Joe Haden, Richard Mille, Schober, He's, Peter, Paul, didn't Organizations: YouTube, FBI, Timepiece Gentlemen, Watch, Buffalo Wild Wings, Business, Boston Consulting Group, Texans, Craigslist, Lamborghini, Malibu, Downtown, Hollywood, Cleveland Browns, TPG, Ducati, Venice Locations: Venice , California, Venice, backwoods Texas, Reddit, cowpoke, Sherman , Texas, Dallas, It's, Salt, Riding, Los Angeles, In Dallas, LA, Santa, Texas, Downtown Los Angeles, South Carolina, Scottsdale , Arizona, Stokes

☆ My daughter and I toured 9 colleges together. It was a great bonding experience that brought us closer together.
▼ + stars: | 2024-01-26 | by ( Andrew Flannery | ) www.businessinsider.com time to read: +5 min

Last year, my daughter and I took several trips to tour nine colleges. AdvertisementAfter viewing nine colleges together, I watched as my daughter came out of her shell. AdvertisementThe trips to colleges brought my daughter and me closer togetherAt each school, I bought a hat and my daughter bought a sweatshirt or T-shirt. Throughout it all, we found ourselves, already a tight father-daughter duo, getting closer because of the experience. Searching for a college can be nerve-racking, but we realized it could also be a fun bonding experience.

Persons: —, we'd, She'd, We'd Organizations: Service, University of Washington, University of Southern, USC, Claremont Colleges, University of California, UC San Diego, Santa Cruz, San Diego, Santa Locations: West Coast, Seattle, West, Los Angeles, University of Southern California, Santa Cruz, San Diego, Santa Monica, Santa Ana, California

☆ A timeline of Dua Lipa's rumored relationship with 'Masters of the Air' star Callum Turner
▼ + stars: | 2024-01-25 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +3 min

Dua Lipa and British actor Callum Turner have been spotted getting cozy several times this month. Turner stars in the new Apple TV+ series "Masters of the Air" and the "Fantastic Beasts" franchise. AdvertisementDua Lipa and Callum Turner are staking their claim as the hot new couple of 2024. AdvertisementJanuary 10, 2024: Lipa and Turner were caught on video togetherLipa and Callum both attended the "Masters of the Air" premiere after-party, where Lipa was filmed dancing with a "mystery man." DUA LIPA AND CALLUM TURNER OMG pic.twitter.com/3cgw0zme4k — ً (@addictionlipa) January 11, 2024TMZ published footage of the encounter the following day, causing fans to speculate it was Turner.

Persons: Callum Turner, Turner, —, Austin Butler, Barry Keoghan, Theseus Scamander, Lipa, Rolling Stone, Brittany Spanos, Romain Gavras, Anwar Hadid, Bella, Gigi Hadid, Callum, CALLUM TURNER, Page, cuddling Lipa Organizations: Apple, Service, Dua, Rolling, cuddling Locations: Dua Lipa, British, Lipa, DUA LIPA, Santa Monica , California, Los Angeles, Sushi

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