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Abu Dhabi, UAE CNN —Growing unease over the United States’ inability to de-escalate tensions in the Middle East is prompting some of Washington’s closest Arab allies to significantly increase engagement with its primary regional adversary: Iran. Arab nations that had spent decades brawling with Iran for regional influence are now opting to engage with it again. Despite seeing an opportunity to weaken Iran’s regional influence, Arab nations are now signaling neutrality. “The Gulf (Arab) monarchies’ priority is not to be directly involved in a proper regional conflagration. Still, regional states rely heavily on their military relationship with the US.
Persons: State Anthony Blinken, Yahya Sinwar, Israel, Blinken’s, Hassan Nasrallah, Ismail Haniyeh, Prince Mohamed bin Salman, Ayatollah Ali Khamenei, Hitler, , Abbas Araghchi, Jordan’s King Abdullah II, Abdel Fattah Al, ” Araghchi, Crown Prince Sabah, Cinzia Bianco, ” Kuwaiti Crown Prince Sheikh, ” Kuwaiti Crown Prince Sheikh Sabah Khaled Al, Hamad Al, ” Hasan Alhasan, Biden, Benjamin Netanyahu, , ” Anwar Gargash, Joe Biden’s, Abu, ” Bianco, Jake Sullivan Organizations: UAE CNN, State, Saudi Arabia’s, Iranian, Saudi, Bahraini, Crown, CNN, European Council, Foreign Relations, ” Kuwaiti Crown, Kuwait News Agency, Reuters, Middle, International Institute for Strategic Studies, Israeli, United Arab Emirates, US, US National, Atlantic Festival Locations: Abu Dhabi, UAE, United States, Washington’s, Iran, Republic, Israel, Gaza, Lebanon, Tehran, Riyadh, Tehran’s, Amman, Egypt, Abdel Fattah Al Sisi, Cairo, Doha, Muscat, Manama, Crown Prince, Crown Prince Sabah Al, Sabah, Kuwait City, Islamic Republic, ” Kuwaiti Crown Prince Sheikh Sabah, Bahrain, Saudi Arabia, Saudi, Washington, Yemen, China, Washington ,
Founders of women's health startups feel doubly invested in this election, one of the closest presidential races of the century. They said another Trump victory creates uncertainty for reproductive health startups, from period trackers to online abortion clinics to embryo banks. For startup Julie, the legal status of emergency contraception is the "million dollar question of this election," said Amanda E/J Morrison. Trump's waffling on reproductive rights has put founders of women's health startups on notice. For some founders of women's health startups, this election is more than a political contest; it has ramifications for their livelihoods.
Persons: Julie, Amanda E, J Morrison, Morrison, Lily, Trump, We're, , Kamala Harris, Trish Costello, Mika Eddy, Eddy, Samuel Corum, Jane, Roe, Wade, Hey Jane, Carli Sapir, Sapir, Donald Trump, Mark Wilson, Flo, Deena Shakir, Lauren Berson Sugarman, Berson, Alice Zheng, Zheng, Julie's, Dobbs, TikTok influencers, Julie swag, Julie Julie's, It's, Melia Russell, Rebecca Torrence Organizations: Suffolk University, Trump, Getty, Amboy Ventures, White, Lux Capital, Maven, Sciences, Vitra Labs, Investors, Walmart, JAMA, Business Locations: New York, Boston, Texas, California, we're, Roe America, Alabama
The Many Links Between Project 2025 and Trump’s WorldFormer president Donald J. Trump has repeatedly claimed that he had nothing to do with Project 2025, the Heritage Foundation’s conservative policy initiative to reshape the federal government. But Project 2025 has numerous ties to Mr. Trump and his campaign, a New York Times analysis has found. L. ZorcJump to the full list of authors, editors and contributorsSpokespeople for Project 2025 have denied that they are advocates for any particular candidate, and Project 2025 has no official ties to the Trump campaign. To limit the appearance of connection, Mr. Trump’s transition team has been excluding prominent people linked to Project 2025 from its preparations. Project 2025 additionally calls for the dismantling of the federal Education Department, which Mr. Trump has also pledged to do.
Persons: Donald J, Trump, Kevin D, Roberts, Edwin J, Trump’s, Albrecht Mark Albrecht, Anderson J, Anderson Jeff Anderson, Anton Michael Anton, Antoni A, Arthur Andrew Arthur, Atkins Paul Atkins, Axelrod Julie Axelrod, Bacon James Bacon, Baehr James Baehr, Baker E, Erik Baptist, Bennett J, Berlau, Berman Russell Berman, Bhagat S, Billy Stephen Billy, Bishop Brad Bishop, Bixby J, Blackman J, Jim, Bovard, Bowman Matt Bowman, Bradbury Steven G, Bradbury, Brashers J, Bronitsky Jonathan Bronitsky, Brosnan Kyle Brosnan, Brown R, Burkett Robert Burkett, Burley Michael Burley, J, Butcher, Mark Buzby, Byfield, Byrd David Byrd, Campau Anthony Campau, Carroll O, Cass B, Cavanaugh Brian J, Cavanaugh, Chretien Spencer Chretien, Christensen V, Coates Victoria Coates, Ellie Cohanim, Cohen Ezra Cohen, Colby Elbridge Colby, Comstock Earl Comstock, Correnti Lisa Correnti, Crowley Monica Crowley, Cunliffe Laura Cunliffe, Sergio de la, Ruyter, Del, Dennis Irv Dennis, DeVore J, Dickerson, Ding Michael Ding, Dodson, Dave Dorey, Eden T, Edgar Troy Edgar, Edlow Joseph Edlow, Ehlinger Jen Ehlinger, Ehrett, Eichamer Kristen Eichamer, Eitel Robert S, Estrada, Farkish Thompson, Feere Jon Feere, Fisher Travis Fisher, Fishman George Fishman, Ford Leslie Ford, Friedman Aharon Friedman, Frohnen J, Frushone Joel Frushone, Fulton Finch Fulton, Gabel Caleigh Gabel, Gaiser Alexandra Gaiser, Garza P, Geller, Gillen J, Gilmore James S, Gilmore, Ginn Vance Ginn, Alma Golden, Gore, D, Greenberg Dan Greenberg, Greenway, Greszler, DJ Gribbin, Grisedale Garrison Grisedale, Grogan Joseph Grogan, Guernsey J, Gunter Jeffrey Gunter, Guy Joe Guy, Guzman Joseph Guzman, Hanania, Harlow David Harlow, Harvey Derek Harvey, Hayes, Edie Heipel, Hemenway Troup, Hoekstra Pete Hoekstra, Hoffman T, Homan Tom Homan, Horner Chris Horner, Howell Mike Howell, Huber Valerie Huber, Hughes Andrew Hughes, Humire, Iacovella, Israel K, Ivory R, Jankowski Roman Jankowski, Jay Carafano James Jay Carafano, Jones, Kao J, Kelson Jared M, Kelson, Kilmartin Ali Kilmartin, Kirchner Julie Kirchner, Kish, Klukowski Kenneth A, Adam Korzeniewski, Bethany Kozma, Kozma Matthew Kozma, Krein, Kurtz, LaCerte David LaCerte, Larkin P, Lawrence Paul Lawrence, Lawrence III James R, Lawrence III, Legates David Legates, Lewis B, Lieberman J, Ligon John Ligon, Lim Evelyn Lim, Lorraine Viña Morgan Lorraine Viña, Loyola Mario Loyola, G, Malcolm J, Masterman, Matthews Earl Matthews, Mauler, McCall, McCotter Trent McCotter, Meadowcroft Micah Meadowcroft, Meese, Melugin, Mermoud, Miller, Mitchell K, Kevin E, C, Morell Clare Morell, Morgan Mark Morgan, Morgen Hunter Morgen, Morrison J, Moy, Murray R, Nabil M, Nasi L, Niemeyer Lucian Niemeyer, Nazak, Milan Nikolich, Nuebel, Kathy Nuebel Kovarik, Orr, Owcharenko Schaefer Nina Owcharenko Schaefer, O’Brien, Michael, Pedersen Leah Pedersen, Pillsbury Michael Pillsbury, Pizzella Patrick Pizzella, Porter K, Kevin Preskenis, Pryor Pam Pryor, Pyle J, Ratcliffe John Ratcliffe, Ray Paul Ray, Reddan J, Richards J, Richardson Jordan Richardson, Richwine Jason Richwine, Ries Lora Ries, Rios, Mark Robeck, Rockas James Rockas, Royce R, Rubinstein Reed Rubinstein, Ruger, Ruse, Sadler J, Sanders, Carla Sands, Sauve, Schaefer, Schuck Matt Schuck, Schwab Justin Schwab, Schweppe, Scribner, Selnick Darin Selnick, Sewell K, Sgamma, Sharp J, Shelton Judy Shelton, Simington Nathan Simington, Smith Loren Smith, Smith J, Spencer A, Spero Adrienne Spero, Spoehr, Onge C, Stanley Chris Stanley, Stannard Paula M, Stannard, Steiger William Steiger, Stein, Stephany Saunders, Stewart Corey Stewart, Stull Mari Stull, Sullivan Katharine T, Sullivan, Swearingen, Sweeney R, Swope Robert Swope, Szabo Aaron Szabo, Katy Talento, Tata Tony Tata, Thurman Todd Thurman, Tolman K, Tonnessen Kayla M, Trotter, Troy C, Tufts Clayton Tufts, Valdez, Mark Vandroff, Vaughan J, Venable, Vollmer, Wallace DeWitt C, Wallace DeWitt, Walsh E, Walsh Erin Walsh, Ward, Waters, William Salter M, Williams Michael Williams, Wolff J, Wolfson Jonathan Wolfson, Alexei Woltornist, Wuco Frank Wuco, Ybarra J, Zadrozny John Zadrozny, , John McEntee, James Bacon, Reagan, Howard Lutnick, Joseph R, Biden Jr, Dennis Dean Kirk, Kirk, Mr, , JD Vance, Roberts’s, Kevin Roberts, Rick Dearborn, Russell T, Evan Vucci, Paul Dans, Dans, Ken Cuccinelli, Christopher Miller, Chip Somodevilla, Samuel Corum, The New York Times Christopher Miller, Biden, Miller’s, Skinner, Gene Hamilton, Hamilton, ” President Biden, Ben Carson, Todd Heisler, Jonathan Berry, Carson, Stephen Moore, Peter Navarro, Navarro, Karen Kerrigan, Ken Cedeno, Edwin Feulner, Robert Bowes Organizations: Heritage, New York Times, Mr, Leadership, Trump, Ivory, Loyola, Poole, Royce, Tufts, Heritage Foundation, The New, The New York Times, Washington Post, Associated Press, White, White House, Republican, Management, Defense , Homeland Security, State, Homeland Security Department, Defense Department, Twitter, State Department, Justice Department, , federal Education Department, Urban Development Department, Republican National Convention, Center for American Progress, Small Business Administration, Small Business, Entrepreneurship Council, Federal Communications Commission, Federal Trade Commission Locations: Guernsey, The New York, Palm Beach, Fla, Southern
Walmart will start to deliver prescriptions to customers' doorsteps. As CVS and Walgreens shutter hundreds of stores nationwide to shore up profits and investor sentiment, Walmart said Tuesday that it is offering a new option for customers: delivering prescriptions to their doorsteps. The prescription delivery service is another example of how Walmart is trying to outmatch competitors on convenience along with low prices. Still, it is unclear how much market share Walmart could win from CVS and Walgreens, both of which offer same-day, one-day and two-day prescription deliveries. Walmart's delivery service will be available for new prescriptions and refills, the company said.
Persons: Tom Ward, Ward, Organizations: Walmart, CVS, Walgreens, Walmart U.S, Health Locations: Arkansas , Missouri, New York , Nevada, South Carolina, Wisconsin, North Dakota, U.S
Companies like Aetna or AARP/UnitedHealthcare are merging their coverage plans, while previous insurers like Mutual of Omaha are leaving the market. AdvertisementWhile beneficiaries with Part A and B Medicare could see premium adjustments, most major changes will occur for people with supplemental Part D and Medicare Advantage plans. Healthpilot found that 10% of Medicare Advantage plans will be at the maximum deductible — up from 5% last year. Most Medicare Advantage beneficiaries will still have prescription drug coverage in the new year, but they may face higher out-of-pocket costs. Baby boomers are already struggling with healthcare costsThese changing Medicare costs come as many low-income baby boomers are struggling to keep up with medical bills.
Persons: , Elizabeth Ayoola, Ayoola, Healthpilot, boomers, Lisa Callejas, Callejas, Betty, Betty —, Betty isn't Organizations: Medicare, Social Security, Service, Insurance, Companies, Aetna, AARP, BI, Healthpilot, Business, Security, Social Locations: Omaha, Mexico, Illinois
The 1980 Mercedes was previously owned by famed actress Lauren Bacall, for instance, and one of the watches belonged to Giuliani's grandfather. Another watch was gifted to Giuliani by the president of France after the Sept. 11, 2001, terrorist attacks, when Giuliani was mayor of New York City. Giuliani repeatedly targeted the two women with false election fraud claims as part of his efforts to overturn Trump's loss to President Joe Biden in the 2020 election. Giuliani filed a Chapter 11 bankruptcy petition to shield himself from sudden financial ruin, but a New York federal bankruptcy judge dismissed his case. Attorneys for Freeman and Moss had noted in a previous court filing that, "Before filing for bankruptcy, Mr. Giuliani had listed the New York Apartment for $5.7 million."
Persons: Rudy Giuliani, Donald Trump, Barrett Prettyman, Joe DiMaggio, Reggie Jackson, Mercedes, Lauren Bacall, Giuliani, Ruby Freeman, Lewis Liman, Joe Biden, Freeman, Moss, Liman, tony Upper Organizations: Washington , DC, Benz, Yankees, Washington , D.C, U.S ., Appeals, Circuit, Republican National Committee Locations: Washington ,, Manhattan, France, New York City, Georgia, Moss, New York, U.S, Side, Palm Beach , Florida
AI startup Attention raised a $14 million Series A funding round from Alven, Eniac, and Frst. The startup uses AI and natural language processing to glean data and next steps from sales calls. AdvertisementNew York-based AI startup Attention, which uses natural language processing to fill out customer relationship management (CRM) programs and generate action items from sales calls, just raised a fresh round of funding. Late-stage startup Gong, which also records sales calls, raised $250 million in Series E funding in 2021 at a $7.25 billion valuation. And 11x.ai, which is building AI sales reps, raised a $50 million Series B last month from a16z, TechCrunch reported.
Persons: , Anis Bennaceur, Matthias Wickenburg, Bennaceur, Wickenburg, Swipecast Organizations: Service, French VC, Eniac, Liquid2 Ventures, Ventures, TechCrunch Locations: Alven, New York, a16z
Here are some of the ways Bank of America analysts think the upcoming election results could affect the stock market. Harris presidency, split government A victory for Democratic candidate Kamala Harris in the White House, plus a Republican-controlled Congress, could be "the best outcome" for online media companies, according to Bank of America analyst Justin Post. He noted that Harris is likely to enforce a potential ban on TikTok — which could boost Meta Platforms and Snapchat . Trump president, split government A win for Republican candidate Donald Trump and a split government would be the best-case scenario for bank stocks, per analyst Ebrahim Poonawala. On the other hand, a Trump presidency would be viewed positively by gig-economy companies, including Uber and Lyft, according to analyst Post.
Persons: , Harris, Kamala Harris, Justin Post, Lorraine Hutchinson, Donald Trump's, , Athletica, Joanna Gajuk, Gajuk, Jessica Reif Ehrlich, Ehrlich, Jason Kupferberg, Kupferberg, Dick Durbin's, Donald Trump, Ebrahim Poonawala, Poonawala, Republicans —, Dimple, Trump, Uber, Craig Siegenthaler, Siegenthaler, Rafe Jadrosich, Trump's, — CNBC's Michael Bloom Organizations: White, Bank of America, of America, Democratic, Republican, Democrat, Department of Justice, Eagle Outfitters, Urban Outfitters ., Health, Tenet Healthcare, Universal Health Services, Democrats, Agilon, Humana, Big Tech, House, Trump, Republicans, Oscar Health, Centene, GOP, Securities, Exchange, Entertainment, Packaging Corporation of America, American Eagle Outfitters Locations: Hutchinson, U.S, China, Washington
Ever since 2022, when inflation hit a 40-year high of 9%, Americans have been pissed off about the economy. Traditionally, economists (being economists) have focused on the economic costs of inflation — i.e., are price increases wiping out everyone's annual raise? In a normal economy, the small raises companies give are enough to offset the minimal inflation we typically see. In a survey of 3,000 workers, researchers found that most — a whopping 79% — just accepted the salary they were offered. AdvertisementBut now, poring over the new study, I realize I overlooked the role inflation has played in reshaping the pandemic-era workplace.
Persons: Donald Trump, didn't, , I've, Will, we're, Aki Ito Organizations: Pew Research Center, National Bureau of Economic Research, Business Locations: American
Here are Tuesday's biggest calls on Wall Street: Loop initiates AppLovin as buy Loop said the software publisher is an "indispensable infrastructure for the mobile gaming industry." Citi upgrades First Solar to buy from neutral Citi said the solar company is a winner no matter who wins the election. KeyBanc initiates Zeta Global as overweight KeyBanc said the marketing software company has an attractive platform. Stifel initiates Braze as buy Stifel said the software company is best positioned. Stifel initiates Klaviyo as buy Stifel said it is bullish on the software company.
Persons: Bernstein, Mizuho, Jefferies, Tesla, Morgan Stanley, Apple, Meta, Redburn, KeyBanc, Stifel, Disney, JPMorgan downgrades Hertz, Itron Organizations: Costco, Walmart, omni, Citi, Democratic, Republican, Cadence, Apple, LT, Microsoft, " Bank of America, Meta, Bank of America, Zeta Global, ZETA, Disney, JPMorgan, Hertz Global Holdings, Jefferies, Guggenheim
Ken Griffin's market maker, Citadel Securities, is revamping its core trading infrastructure. AdvertisementIn 2023, Citadel Securities COO of technology, Jeff Maurone, was meeting with senior leaders to discuss technology priorities for the year. I almost look at it as the stretching of business," Woods told Business Insider. Building Citadel Securities' trading infrastructure of the futureIn the last few years, Citadel Securities pushed into credit trading, expanded its rates franchise, and introduced an institutional options offering. Maurone's team supports Citadel Securities' technology organization, and he manages a team of 15 people.
Persons: Ken Griffin's, Josh Woods, Jeff Maurone, , Maurone, Woods, Matt Culek, Peng Zhao, Jim Esposito Organizations: Citadel Securities, Service, Securities, McKinsey, Deloitte, COOs, Citadel Securities Each Locations: Asia Pacific, EMEA, COOs —, New York, Jeff's
“Black maternal health and reproductive health has to be a conversation that I hear from any candidate for me to be on board to vote for them,” she said. Black women in the U.S. also face greater risks bearing children. “The landscape for reproductive health for Black women has gotten far more dangerous in the last two and a half years,” she said. When asked, the Harris campaign did not point to specific policies on Black maternal health. Desta-Bell said she’s found growing interest from voters about the state of Black maternal health and reproductive justice.
Persons: Francisca Shaw, , ” Shaw, Kamala Harris, Republican Donald Trump, Amber Thurman, Shaw, , . Georgia —, Leah Wright Rigueur, Regina Davis Moss, Harris, Joe Biden, ” Davis Moss, Harris ’, Nikema Williams, Hank Johnson, Sen, Jon Ossoff, Jacquelyn Martin, Biden, Keisha Lance Bottoms, Trump, Janiyah Thomas, Nadia Brown, Joyce Drayton, , Drayton, ProPublica, Candi Miller, Thurman, Naomi Desta, Bell, They’ve, she’s Organizations: Seattle’s University of Washington Medical Center, Reuters, University of Washington Medical Center, Democratic, Republican, Facebook, Supreme, Centers for Disease Control, Johns Hopkins University, Senate, Georgia Democratic Party, Georgia, Georgetown University, Georgia Black Republican Council, Republican Black, Women’s Health Locations: Georgia, U.S, Atlanta , Georgia, United States, . Georgia, Michigan, Atlanta, Florida, Desta
Stoianoglo has said that, if elected, he would build a “balanced” foreign policy involving ties with the EU, the United States, Russia and China. In the run-up to Sunday’s referendum, polls had shown clear majority support for joining the EU. A “yes” result means a clause will be added to the constitution defining EU accession as a goal. The EU leapt to Sandu’s defence, saying Moldova had faced “really unprecedented intimidation and foreign interference by Russia and its proxies ahead of this vote”. The tight referendum result could put Sandu in a weaker position going into the second round since she has championed EU integration.
Persons: Maia Sandu, Sandu, Alexandr Stoianoglo, Stoianoglo, Daniel Mihailescu, , , Ilan Shor, Sandu’s, Shor, Valeriu Pasha, Organizations: EU, Getty, Kremlin, Sandu, Moldovan, , Facebook Locations: Soviet, Russia, United States, China, Moldovan, Chisinau, AFP, Ukraine, Transdniestria, Moldova, Moscow, Sunday’s
It takes a lot of things to go right to lead an NFL division near the season’s midway point. Yet for half of the league’s first-place teams, things went wrong in Week 7. The Vikings’ loss also broke their undefeated start. With its win and San Francisco’s loss, Seattle jumped into first in the NFC West. And in a meeting of two first-place teams, San Francisco (3-4) lost 28-18 to Kansas City.
Persons: Minnesota Vikings —, Kirk Cousins, Brandon McManus, C.J . Stroud, Sam Darnold, Jake Bates, Mary, Brock Purdy, Trent Williams Organizations: NFL, Atlanta Falcons, Houston Texans, San Francisco 49ers, Minnesota Vikings, Vikings, Seattle, Seahawks, NFC, Falcons, Tampa Bay Buccaneers, Green, Packers, AFC South, Texans, Lions, Minnesota, Kansas City, The Chiefs, AFC West, 49ers Locations: Seattle, Atlanta, Minnesota, Green Bay, Indianapolis, In Minnesota, Detroit, Green Bay , Minnesota, San Francisco, Kansas
Bank of America and Goldman Sachs are among the banks that have raised price targets in recent weeks. AdvertisementNvidia stock is trading at record highs, but that's not deterring top Wall Street analysts from being bullish. Goldman Sachs, $150 price targetGoldman analysts raised their price target to $150 from $135 a share, implying 6% upside from the stock's current levels. AdvertisementStrategists said they changed their price target after a meeting with Huang. Bernstein, $155 price targetBernstein raised its price target to $155 a share shortly after the chipmaker reported its second-quarter earnings in August.
Persons: Blackwell, Goldman Sachs, , Jensen Huang, Goldman, Huang, CFRA, Angelo Zino, NVDA, Zino, Bernstein, Rasgon Organizations: Nvidia, Bank of America, Service, Wall, Bank, Blackwell, Accenture, Microsoft, ServiceNow, Foundry, CNBC Locations: bullish, CY23, Blackwell
New York CNN —An umbrella organization of civil rights groups is alerting the public to “digital voting disinformation” and imploring social media companies to take action. Wiley’s coalition, representing more than 200 civil rights interest groups and other organizations, wants companies like Elon Musk’s X and Mark Zuckerberg’s Meta to more clearly separate fact from fiction. “Social media companies should be vigilant,” Wiley said, observing that information platforms don’t have to be overwhelmingly polluted. The Leadership Conference’s Center for Civil Rights and Technology decided to speak out after social networks were swamped with lies about Hurricanes Helene and Milton earlier this fall. The conduct of social media firms is of interest to civil rights groups; candidates and campaigns; government agencies; and election technology suppliers, just to name a few.
Persons: Maya Wiley, Elon, Zuckerberg’s Meta, ” Wiley, Musk, Donald Trump’s, Zuckerberg, Milton, , Organizations: New, New York CNN, Conference, Civil, Human, Wiley’s, Social, Republican, Conference’s Center for Civil Rights, Technology, Hurricanes, Dominion Voting Systems, Fox, Dominion, for Civil Rights Locations: New York, United States
Marika Frumes founded Mysha because she wanted a community of high-powered moms. It was strange because I had made a career of bringing people together, especially as the cofounder of HER, a network for professional women. I said I wanted to talk to other professional women delivering a baby within two months of when I had my son. Related storiesBecause of the world I lived in, most of the people in my first pod were ambitious professional women. AdvertisementToo often, we're in echo chambers, like the conversation around professional moms versus stay-at-home moms.
Persons: Marika Frumes, , Mysha, That's, They've, I've, It's, Erica Komisar Organizations: Service, Facebook Locations: , LA , New York, Miami, Mysha
A slew of Wall Street analysts last week turned even more bullish on three stocks ahead of their quarterly earnings reports. CNBC Pro screened for stocks in the MSCI World Index that have received share price target upgrades from Wall Street analysts over the past seven days. Despite raising their price target, Phillip Capital analysts have a "neutral" rating on the stock. The median price target of 17 analysts points to 18% upside potential. The company's share price is correlated to the price of gold , and also copper to a lesser degree.
Persons: Barrick, Jeffrey Wlodarczak, Wlodarczak, Zuckerberg, Helena Wang Organizations: Street, Ltd, Barrick Gold, CNBC Pro, Wall Street, Facebook, Research, Limited, New York Stock Exchange, Phillip Capital Locations: U.S, Singapore, SeaMoney, Canada
Zomato's Blinkit, Zepto, and Swiggy, which runs the Instamart delivery service and is backed by SoftBank , did not respond to Reuters queries. India's biggest group of retail distributors has asked the antitrust authority to investigate three quick commerce companies — Zomato's Blinkit, Swiggy and Zepto — for alleged predatory pricing, a letter showed on Sunday. "Implement protective measures for traditional distributors and small retailers to safeguard their interests," it urged the Competition Commission of India. Annual sales on Indian quick commerce platforms are set to exceed $6 billion this year, with Blinkit having a nearly 40% market share, while Swiggy and Zepto around 30% each, research firm Datum Intelligence said. Reflecting the strength of the quick commerce sector, Zomato's shares have doubled this year and Swiggy will in the coming weeks will launch its over $1 billion IPO.
Persons: Zomato's, SoftBank, , Swiggy Organizations: India Consumer Products Distributors Federation, Nestle, Hindustan Unilever, Reuters, Competition Commission of India, Blinkit, Intelligence, Sunday Locations: India
Tech investor Ray Wang — who owns all Magnificent Seven stocks — laid out his rankings of favored tech plays on Monday. Wang equated the AI expansion to the Amazon 's early e-commerce buildout. Amazon is Wang's second favorite Magnificent Seven pick, followed by pure-play AI beneficiaries Microsoft and Alphabet . Wang also expects the company — along with Alphabet — to benefit from the political advertising season underway. Here's how each Magnificent Seven member is doing year to date: Nvidia: up 182% Amazon: up 22.8% Microsoft: up 10% Alphabet: up 17% Apple: up 22% Tesla: Down 12.4% Meta Platforms: up 61%
Persons: Ray Wang —, CNBC's, Wang, Tesla, Elon Organizations: Constellation Research, Nvidia, Microsoft, Apple
A sign hangs outside of a Chick-fil-A restaurant on May 06, 2021 in Chicago, Illinois. Chick-fil-A plans to launch a new app on Nov. 18, with a slate of original animated shows, scripted podcasts, games, recipes and e-books aimed at families. And for the last five years, it's released animated shorts on YouTube during the holiday season as part of its "Stories of Evergreen Hills" series. Why Chick-fil-A is betting on contentPeople walk past a Chick-fil-A restaurant on 8th Avenue on December 30, 2023, in New York City. Restaurants as media brandsA Chick-fil-A meal is displayed at a Chick-fil-A restaurant on June 01, 2023 in Novato, California.
Persons: Scott Olson, , it's, We've, we've, Dustin Britt, Chick, Gary Hershorn, Khalilah Cooper, McDonald's, Cooper, We're, Britt, Justin Sullivan Organizations: Getty, U.S, YouTube, CNBC, Evergreen, Corbis, Lions Locations: Chicago , Illinois, mealtime, Evergreen Hills, New York City, Novato , California
Our writers preview a World Series matchup between two of baseball’s most storied franchises, with no shortage of star power and storylines. He hit the go-ahead home run in the 10th inning of Game 5 of the ALCS to send the Yankees to the World Series. — KirschnerCheck back later for World Series predictions from The Athletic’s MLB staff. Now he’ll play in his first World Series against a franchise he grew up rooting for while living in Los Angeles as a child. AdvertisementBigger picture for Stanton: A possible World Series title (and perhaps an MVP award) would add to his growing Hall of Fame case.
Persons: Fabian Ardaya, Chris Kirschner, Eno, It’s, ‘ Nuff, weren’t, Gerrit Cole, Carlos Rodón, Andy Pettitte, Clarke Schmidt, Luis Gil, Tommy Kahnle’s, Clay Holmes, Luke Weaver, Jake Cousins, Daniel Hudson, Anthony Banda, Michael Kopech, Evan Phillips, Blake Treinen, Alex Vesia, Yoshinobu Yamamoto, Walker Buehler, Mookie Betts, Max Muncy, Will Smith, Tommy Edman, Tyler Glasnow, Gavin Stone, Clayton Kershaw, Dustin May, they’ve, Freddie Freeman, , Kahnle, Weaver, Tim Hill, , Nestor Cortes, Juan Soto, Soto, Aaron Judge hasn’t, Gleyber Torres, Giancarlo Stanton, Shohei, Ohtani, couldn’t, DH Stanton, He’s, Stanton, Giancarlo Stanton isn't, Aaron Judge, Gerrit Cole RHP, Luke Weaver RHP, Fielding Austin Wells, Jack Flaherty RHP, Fielding Tommy Edman, Dave Roberts, Shohei Ohtani, John Sterling, Yankees Giancarlo Stanton isn’t, Aaron, Luis Gil GO, Maddie Meyer, Daniel Shirey Organizations: It’s Yankees, Dodgers, Yankees, Fox, Yankees ’, Dodger, Mets, MLB, . Dodgers, savor Dodgers, Rosenthal, Guardians, of Fame, Aaron, Fielding, NL Locations: pinstripes, Ohtani, barreling, Los Angeles, Cooperstown,
Sam's Club CEO Chris Nicholas tells BI he wants shoppers to have all three. The Grapevine Sam's Club is literally bristling with tech, not just in the form of the hulking blue AI-powered gateways. Sam's Club has also been a test-bed for retail concepts that eventually find their way into Walmart's 4,600 US stores and beyond. He, too, previously served as Sam's Club CEO. "My hope is that Sam's Club, when you shop, feels like what it's like to shop in the future.
Persons: Chris Nicholas, Nicholas, , Dominick Reuter, it's, Sol Price —, Sam Walton, Sam's, John Furner, Doug McMillon strolled, jogger sweatpants Organizations: Sam's, Service, Costco, Walmart, Shoppers, innovating, Grapevine Sam's, Business, Sam's Club Locations: Texas, Grapevine , Texas, Grapevine, Dallas, Walmart's
Leopatrizi | E+ | Getty ImagesMost tax preparers don't have credentialsDespite the talent shortage, vetting is important because "pretty much anyone can call themselves a tax preparer," Young said. There are no federal licensing or competency requirements, and some paid preparers have no training or experience, the report noted. Under current law, the minimum requirement for paid professionals is an IRS-issued preparer tax identification number, or PTIN. Free preparation options like Volunteer Income Tax Assistance, or VITA, and Tax Counseling for the Elderly, or TCE, also have competency standards. How to vet your tax preparerUnlike big box preparers, many tax professionals don't accept walk-in traffic and operate mainly by referral, according to Tom O'Saben, an enrolled agent and director of tax content and government relations at the National Association of Tax Professionals.
Persons: Young, preparers, Tom O'Saben Organizations: Getty, IRS, National Taxpayer, National Association of Tax
Humana , Cigna – Shares of both companies moved in opposite directions after Bloomberg, citing people familiar with the matter, reported that Cigna resumed merger talks with Humana. Humana gained more than 4% while Cigna fell a similar amount. UPS – Shares fell nearly 2% after a downgrade to underweight from equal weight at Barclays. Southwest Airlines – Shares dipped more than 1% before the market open. ASML – Shares fell more than 1% after Bernstein lowered its price target on the Dutch semiconductor equipment stock.
Persons: Johnson, Warby Parker, Goldman Sachs, Goldman, Cigna, Humana, Bernstein, , Alex Harring, Samantha Subin, Jesse Pound, Hakyung Kim, Michelle Fox Theobald Organizations: Wall Street Journal, Johnson, Boeing, Bloomberg, Humana, , Barclays, Amazon, Southwest Airlines, Elliott Investment Management, CNBC Locations:
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