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☆ Arm shares soar in market debut. Here's why the pros are not buying the stock right now.
▼ + stars: | 2023-09-14 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailArm shares soar in market debut. Here's why the pros are not buying the stock right now. Jim Cramer, Jim Lebenthal of Cerity Partners, Jason Snipe of Odyssey Capital Advisors and Steve Weiss of Short Hills Capital discussed Arm Holdings after shares surged following the company's IPO Thursday.

Persons: Jim Cramer, Jim Lebenthal, Jason Snipe, Steve Weiss Organizations: Cerity Partners, Odyssey Capital, Short Hills, Arm Holdings

☆ Arm shares soar in market debut. Here's why the pros are not buying the stock right now
▼ + stars: | 2023-09-14 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Market Movers rounded up the latest reactions on Arm Holdings from investors and analysts. The company's initial public offering was priced at $51 per share but shares opened at $56.10. SoftBank took Arm private in 2016 and still holds about 90% of its outstanding shares . Arm Chief Financial Officer Jason Child and Softbank CEO Masayoshi Son joined CNBC for an exclusive interview to discuss market expectations, artificial intelligence and more . Arm Holdings closed at $63.59.

Persons: Jim Cramer, SoftBank, Jason Child, Masayoshi Son Organizations: Arm Holdings, CNBC

☆ Elon Musk arm-wrestled his business partner to settle PayPal software dispute: book
▼ + stars: | 2023-09-14 | by ( Polly Thompson | Grace Dean | ) www.businessinsider.com time to read: +4 min

Max Levchin told Elon Musk's biographer about the difficulties of working with the maverick billionaire. In the early days of PayPal, Musk suggested an arm-wrestle to resolve an argument over software. AdvertisementAdvertisement"Eventually you will see it my way," an unwavering Musk told Levchin, according to the biography. But rather than a discussion about the pros and cons, Musk told Levchin late one evening: "You know what – I will arm-wrestle you for it." Levchin told Isaacson he though this was "the stupidest imaginable way to settle a software-coding disagreement."

Persons: Max Levchin, Elon Musk's, Musk, Levchin, Elon Musk, Musk's, Peter Thiel, Walter Isaacson's, Isaacson, Paul Sakuma, Vaughn Ridley, Sportsfile, Elon, X.com, Thiel, — Elon Organizations: PayPal, Service, Confinity, Microsoft, Twitter Locations: Wall, Silicon, Levchin, Toronto

☆ Savings Account and CD Rates Today | More 5% Rates Come to Market
▼ + stars: | 2023-09-14 | by ( Business Insider | ) www.businessinsider.com time to read: +21 min

Persons: Banks, you'd, —, Cash, we've Organizations: FDIC, CIT Bank, Savings, First, Citizens Bank & Trust Company, Federal Deposit Insurance Corporation, Bank & Trust Company, Connect, Barclays, Barclays Bank, Apple, Start, Western Alliance Bank, Mint Western Alliance Bank, Cash, Products, Technology Credit, Pelican State Credit Union, Federal Credit Union, of Commerce Federal Credit Union, Newtek Locations: Axos, —

☆ Is Arm Holdings a smart way to play the booming AI market? Experts break down 2023's biggest IPO, and why you should invest with caution.
▼ + stars: | 2023-09-14 | by ( Mark Reeth | ) www.businessinsider.com time to read: +9 min

Arm Holdings, the British semiconductor and software maker, is set to go public on Thursday in the biggest initial public offering of 2023. This isn't the first time Arm shares have been available to the public. In its F-1 filing to go public, Arm said its CPUs "run the vast majority of the world's software." That would make Arm stock impressively expensive compared to peers in the tech sector. That said, while Arm shares are looking expensive today, if the company lives up to its high expectations, then the price begins to look more reasonable.

Persons: SoftBank, Arm, it's, Seth Farbman, ARM's, Farbman, Matt Bryson, he's, Bryson, Peter C, Earle, We've, It's Organizations: Arm Holdings, Bank of America, SoftBank, Taiwan Semiconductor Manufacturing, Nvidia, ARM, Apple, Google, AMD, Samsung, VStock, Intel, Wedbush Securities, American Institute for Economic Research, IPOs, China Arm's Locations: China

☆ The Many Roles of Pros in Golf Architecture
▼ + stars: | 2023-09-13 | by ( Paul J. Sullivan | ) www.nytimes.com time to read: +1 min

(Ogilvy played three times on Presidents Cup teams.) But he has two partners in the design firm who know the intricacies of building a course. “It’s better to have three minds in there,” said Ogilvy, who won 12 times on the PGA and European Tours. “What I liked was their input into what scared them on a shot,” said Weed, who was mentored by the designer Pete Dye. But many of the pros who have helped design enduring courses relied on a solid team under their brand name.

Persons: Ogilvy, “, ”, Bobby Weed, Weed, Pete Dye, Jack Nicklaus, Bob Cupp, Jay Morrish, Greg Norman, Jason McCoy, Ben Crenshaw, Coore Organizations: Presidents Cup, PGA, Club Network Locations: Australia, United States

☆ Apple falls 1.2% after unveiling new iPhone. Here's what the pros say to do next
▼ + stars: | 2023-09-13 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Market Movers rounded up the latest reactions on Apple from investors and analysts. The pros, including Jim Cramer , discussed the smartphone maker one day after it unveiled the new iPhone 15, the latest Apple Watch and other products. Apple did not raise prices on its latest iPhone models in the U.S., but hiked them in China, Japan and India. China accounts for nearly 20% of total Apple sales . Morgan Stanley reiterated its investment opinion on Apple as overweight, while Wedbush raised its price target to $240 per share.

Persons: Jim Cramer, Morgan Stanley, Wedbush Organizations: Apple Watch, Apple, Trust Locations: U.S, China, Japan, India

☆ I moved to Seattle for a high-paying tech job. It turned out to be the loneliest time of my life.
▼ + stars: | 2023-09-13 | by ( Aria Yang | ) www.businessinsider.com time to read: +9 min

This as-told-to essay is based on a conversation with Alexander Nguyen, a software engineer who moved from New York City to Seattle for a job at Amazon. It was his first job out of college, and he says it was the loneliest time of his life. Finally, after a three-month job search, things started looking up: I received a software-development-engineering job offer from Amazon in 2020. Back when I got the job at Amazon, all I was thinking about was my tech career and the $150,000 salary. Looking back now, I realize perhaps I should have looked a little bit harder for opportunities in New York before taking the first tech job that came my way.

Persons: Alexander Nguyen, Boba Guys, —, Alexander Nguyen Nobody, it'd, I've, It's, I'm, it's, you've, Aria Yang Organizations: New York University, White Oaks, Amazon, Facebook, University District, NYU, CS, Netflix, Microsoft, Google Locations: New York City, Seattle, Greenwich Village, University, San Francisco, New York, ayang@insider.com

☆ Apple falls 1% after unveiling new iPhone. Here's what the pros say to do next
▼ + stars: | 2023-09-13 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple falls 1% after unveiling new iPhone. Here's what the pros say to do nextJim Cramer, Toni Sacconaghi of Bernstein, Dan Ives of Wedbush Securities and Karen Firestone of Aureus Asset Management discussed Apple after the company launched new products Tuesday and hiked iPhone prices in China, Japan and India.

Persons: Jim Cramer, Toni Sacconaghi, Bernstein, Dan Ives, Karen Firestone Organizations: Apple, Wedbush Securities, Aureus Asset Management Locations: China, Japan, India

☆ Oracle misses on revenue in fiscal first quarter. Here's what the pros say
▼ + stars: | 2023-09-12 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOracle misses on revenue in fiscal first quarter. Here's what the pros sayJim Cramer, Josh Brown of Ritholtz Wealth Management, and Bill Baruch of Blue Line Futures discussed Oracle after the company reported fiscal first-quarter results Monday that missed on revenue.

Persons: Jim Cramer, Josh Brown, Bill Baruch Organizations: Oracle, Ritholtz Wealth Management, Blue

☆ Oracle suffers worst day since 2002. Here's what the pros say to do with the stock
▼ + stars: | 2023-09-12 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Market Movers rounded up the latest reactions on Oracle from investors and analysts. The pros, including Jim Cramer , discussed the software company as its stock suffered the worst single-day drop in more than 20 years. Late Monday, Oracle reported an earnings beat, but revenue came in lighter than analysts' estimates . On Tuesday, Monness Crespi Hardt downgraded Oracle to neutral from buy , saying Oracle is a high-quality company but its valuation has become less compelling. Oracle is currently held in Cramer's Charitable Trust portfolio.

Persons: Jim Cramer, Monness Crespi Hardt Organizations: Oracle, Trust

☆ There's one reason I'd upgrade to the iPhone 15 Pro after trying it, even though I already have last year's
▼ + stars: | 2023-09-12 | by ( Kif Leswing | ) www.cnbc.com time to read: +5 min

There are four new models, ranging from the entry-level iPhone 15 at $799 to the iPhone 15 Pro Max, which costs at least $1199. Apple says that the 6-inch iPhone 15 Pro is 187 grams, or 9% lighter than last year's model. The iPhone 15 Pro Max, with a bigger 6.7-inch screen, weighs 8% less. Other notes from the iPhone 15 hands-onThe new Apple iPhone 15, with EU ordered USB-C charger, is displayed amongst other new products during a launch event at Apple Park in Cupertino, California, on September 12, 2023. The iPhone 15 Pro Max did get a $100 price increase, now starting at $1,199 in the U.S., although you get more storage at the entry level.

Persons: Leswing, Max, haven't, Nic Coury, They've Organizations: CNBC, Leswing Apple, Apple, Pro Max, EU, AFP, Getty, Pro Locations: Cupertino , California, U.S

☆ Savings Account and CD Rates Today | Earn Over 5% on Savings and CDs
▼ + stars: | 2023-09-12 | by ( Business Insider | ) www.businessinsider.com time to read: +21 min

Persons: Banks, you'd, —, Cash, we've Organizations: FDIC, CIT Bank, Savings, First, Citizens Bank & Trust Company, Federal Deposit Insurance Corporation, Bank & Trust Company, Connect, Barclays, Barclays Bank, Apple, Western Alliance Bank, Mint Western Alliance Bank, Start, Cash, Products, Technology Credit, Pelican State Credit Union, Federal Credit Union, of Commerce Federal Credit Union, Newtek Locations: Axos, —

American Express just announced plans to open its fourteenth Centurion Lounge location in the US, at Newark Airport. Apply and select your preferred metal Card design: classic Platinum Card®, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu. While the Centurion Lounge at Newark Airport won't open until 2026, American Express has shared some initial details on what to expect. Finally, the Newark Centurion Lounge will also feature a 1,400-square-foot indoor terrace with views of the airport and Manhattan. American ExpressHow to access the Newark Centurion loungeYou can access the upcoming Newark Centurion Lounge (and any other Centurion Lounge that's already open) if you have the The Platinum Card® from American Express, The Business Platinum Card® from American Express, or the invite-only Centurion Card.

Persons: Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, Amex Organizations: Express, Newark Airport, American Express, Service, Vegas McCarran, Newark Liberty International Airport, Hilton, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, Walmart, TSA, Global, Saks Fifth, Shipping, New, Newark, Newark Centurion Locations: Manhattan, Wall, Silicon, Hulu, Newark, New York, JFK, LaGuardia, York

KANSAS CITY, Mo. (AP) — The Kansas City Chiefs are trending toward having at least one of their missing All-Pros on Sunday in Jacksonville. Chiefs coach Andy Reid said Monday that tight end Travis Kelce, who hyperextended his knee in practice last week, has been progressing in his recovery. "Travis is getting better," Reid said. There were spurts of good and there were spurts of not-so good, and we were in position to win the game.

Persons: Andy Reid, Travis Kelce, Reid, Rick Burkholder, Travis, “, Patrick Mahomes, Kadarius Toney, Brian Branch, Noah Gray, Blake Bell, We'll, ” Reid, it's, Chris Jones, Jason, Michael Katz, Jones, ”, Brett Organizations: KANSAS CITY, The Kansas City Chiefs, Chiefs, Lions, NFL, Kansas City, Jaguars Locations: KANSAS, Mo, The, Jacksonville, Detroit, Indianapolis

☆ Prenups should be a part of every marriage, not just among celebrities and the wealthy, financial experts say
▼ + stars: | 2023-09-11 | by ( Sebastian Cahill | ) www.businessinsider.com time to read: +3 min

Financial experts, however, say that's not the case, and that all couples should consider them. They said prenups can be like insurance or a financial safety net. Financial experts, though, see a different side to the agreements and think all couples should consider them. Theresa Viera, an attorney based in South Carolina, told NPR that prenups are financial safety nets, not harbingers of separation. Prenups can protect you from being responsible for your spouse's debt, Orman added, and protect your property both before and after the marriage.

Persons: that's, Theresa Viera, Viera, Suze Orman, —, they've, Orman, prenups Organizations: Service, NPR, CNBC, Harris Interactive Locations: Wall, Silicon, South Carolina

☆ Qualcomm strikes a new deal with Apple. How the pros say to play it
▼ + stars: | 2023-09-11 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Market Movers rounded up the latest reactions on Qualcomm from investors and analysts. The pros discussed the chipmaker after the company announced it will continue to supply 5G modems for Apple's smartphones through 2026 . Wall Street analysts and Qualcomm officials had previously thought Apple would produce and use its own 5G modem starting in 2024. Apple is widely expected to unveil new iPhones Tuesday, which will use Qualcomm modems. Qualcomm's stock jumped 3.9% Monday.

Organizations: Qualcomm, Wall Street, Apple

☆ Qualcomm strikes new deal with Apple. How the pros say to play it
▼ + stars: | 2023-09-11 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailQualcomm strikes new deal with Apple. How the pros say to play itJim Cramer, Jim Lebenthal of Cerity Partners and Joe Terranova of Virtus Investment Partners discussed Qualcomm after the company will announced it will continue to supply 5G chips for iPhones until 2026.

Persons: Jim Cramer, Jim Lebenthal, Joe Terranova Organizations: Qualcomm, Apple, Cerity Partners, Virtus Investment Partners

☆ Wedbush: These are the 23 best stocks to buy now from a list that has beaten the market by 5% this year
▼ + stars: | 2023-09-10 | by ( Mark Reeth | ) www.businessinsider.com time to read: +5 min

He also discussed Wedbush's best ideas list: 23 stock picks that have beaten the market YTD. As for the Fed, Merritt isn't particularly concerned about whether it cuts or hikes rates once again this year. The best stocks to buy nowBroadly, Merritt is neutral on equities, primarily because of the opportunity investors have to profit from bonds. Merritt also pointed to Wedbush's Best Ideas List, a collection of the highest-rated equities selected by Wedbush analysts. Wedbush's 23 best stock picks are below, along with each company's ticker and the price target it has been given by a Wedbush analyst.

Persons: Kevin Merritt, Merritt, Jerome Powell's, Jackson, What's, it's, Merritt isn't, Wedbush's, ~ ~$ ) Organizations: Wedbush Securities, Federal Reserve, Investors, Fed Locations: Ukraine, China, Taiwan, Russia

☆ I'm a microdosing coach. Here's how I try to help people change their lives with psychedelics.
▼ + stars: | 2023-09-10 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +5 min

At first, I focused a lot of the content on microdosing, which I had done with LSD while living in Thailand. AdvertisementAdvertisementIn my opinion, a misconception is that psychedelics don't work to aid mental health. I don't work with people interested in trying psychedelics to heal post-traumatic stress disorder or depression because I'm not a clinician. If someone is coming to you as a coach to work with psychedelics, they may, for example, be struggling with relationships. The challenge isn't necessarily that I'm worried about being arrested but more about the limitations on what I can do.

Persons: Paul Austin, Dr Peter Grinspoon, I've, psychedelics, I'm Organizations: Service, Massachusetts General Hospital, Harvard Medical School Locations: Wall, Silicon, Massachusetts, Thailand

Average 30-year mortgage rates dropped a bit overall last week, according to Freddie Mac, but they're still above 7%. If price growth continues to show signs of cooling, mortgage rates could recede somewhat. See more mortgage rates on Zillow Real Estate on ZillowMortgage Refinance Rates TodayMortgage type Average rate today This information has been provided by Zillow. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. But whether mortgage rates will drop in 2023 hinges on if the Federal Reserve can get inflation under control.

Persons: Freddie Mac, Fannie Mae Organizations: Bureau of Labor Statistics, Zillow, Federal Reserve, Mortgage, Association, Sky, ARM Locations: Chevron

☆ CD and Savings Account Rates Today
▼ + stars: | 2023-09-09 | by ( Business Insider | ) www.businessinsider.com time to read: +21 min

Leading High-Yield Savings Account RatesRemember that high-yield savings account rates are variable, so they will change over time. Fees no monthly service fee Annual Percentage Yield (APY) 5.26% Minimum Deposit Amount $1 Pros Check mark icon A check mark. High-Yield Savings AccountsThe best high-yield savings accounts provide the security of a savings account with the added bonus of a high APY. 2-Year CDsThe best 2-year CD rates will be slightly lower than 1-year and no-penalty CD rates. Products in this post: Technology Credit Union 5 Month No Penalty CD, TotalDirectBank 6 Month CD, TotalDirectBank 1 Year CD, Pelican State Credit Union 2 Year Share Certificate, US Senate Federal Credit Union 3 Year Smart Share Certificate, Department of Commerce Federal Credit Union 5 Year Share CDBetterment Cash Reserve Account, CloudBank 24/7 High Yield Savings Account, UFB High Yield Savings, Milli Savings Account, Newtek Bank Personal High Yield Savings Account

Persons: Banks, you'd, —, Cash, we've Organizations: FDIC, CIT Bank, Savings, First, Citizens Bank & Trust Company, Federal Deposit Insurance Corporation, Bank & Trust Company, Bank, Barclays, Barclays Bank, Apple, Western Alliance Bank, Mint Western Alliance Bank, Start, Cash, Products, Technology Credit, Pelican State Credit Union, Federal Credit Union, of Commerce Federal Credit Union Locations: Axos, —

☆ Goldman Sachs shares rise Friday as CEO addresses investor concerns. Here's what the pros say
▼ + stars: | 2023-09-08 | by ( Joshua Natoli | ) www.cnbc.com time to read: 1 min

Market Movers rounded up the latest reactions on Goldman Sachs from investors and analysts. The pros, including Jim Cramer , discussed the investment bank after CEO David Solomon addressed Wall Street's concerns about his company in an interview with CNBC . He responded to recent negative news reports on his leadership style at the firm. Goldman's CEO also said he remains optimistic for capital market performance with a slew of tech initial public offerings looming. The stock ended Friday with a 1.1% gain, but it's down more than 5% for the year.

Persons: Goldman Sachs, Jim Cramer, David Solomon, Wall Organizations: CNBC

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