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☆ Earnings Exchange: CRWD, BF.B & ADS
▼ + stars: | 2023-03-07 | 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 EmailEarnings Exchange: CRWD, BF.B & ADSGina Sanchez, Lido Advisors chief market strategist, joins ‘The Exchange’ to discuss three companies reporting earnings later today: Crowdstrike, Brown-Forman and Adidas.

☆ This week's jobs report will help determine if this nascent March rally has legs
▼ + stars: | 2023-03-05 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

Where the market heads next will once again depend on inflation data — especially this week's highly anticipated jobs report. No portfolio companies report earnings next week. However, with mortgage rates bouncing back in recent weeks, it remains to be seen if the strong monthly report will see any follow up. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ Stocks week ahead: It's hell week on Wall Street
▼ + stars: | 2023-03-05 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

The unflinching resilience of the US labor market is one of — if not the — greatest source of tension in today’s economy. That means the Fed’s already painful rate hikes are likely to continue until the job market simmers. In just one year, the Federal Reserve has raised interest rates from nearly zero to a range of 4.5% to 4.75% to cool the economy. The labor market is stronger than ever: The US added a shocking 517,000 jobs in January and knocked unemployment down to its lowest level since 1969. If the labor market remains strong, more Fed-induced pain lies ahead.

☆ The Fed and a big jobs report could drive the market in the week ahead, as investors watch rates
▼ + stars: | 2023-03-03 | by ( Patti Domm | In | ) www.cnbc.com time to read: +6 min

The seesaw-like tension between interest rates and stock prices should remain in play in the week ahead, as investors focus on comments from Federal Reserve Chairman Jerome Powell and the February employment report. There are few earnings in the week ahead, so economic data will likely be a main driver for stocks, along with the comments from Powell. The futures market is pricing in a high chance for a quarter point, or 25 basis point hike in March. Week ahead calendar Monday Earnings: WW International, ThredUp, Trip.com, Lordstown Motor, Ciena, Grindr 10:00 a.m. Initial claims 10:00 a.m. Fed Vice Chair for Supervision Michael Barr Friday Earnings: Embraer 8:30 a.m. Employment report 2:00 p.m. Federal budget

☆ AI Has Its ‘iPhone Moment’
▼ + stars: | 2023-03-02 | by ( Laura Forman | ) www.wsj.com time to read: 1 min

Elon Musk may be losing sleep over artificial intelligence and he is hardly alone: Big tech is ready to move fast and break anything to artificially serve you. Setting aside the “existential angst” that Mr. Musk has complained about, there is suddenly a very real investment risk to big tech companies that fail to strike while the AI iron is hot.

☆ Warren Buffett Wannabes Lose Luster
▼ + stars: | 2023-02-25 | by ( Laura Forman | ) www.wsj.com time to read: 1 min

Warren Buffett’s slow-and-steady approach to investing wasn’t popular in recent years with younger investors, who often sought advice from influencers and pundits. Warren Buffett , who has earned Berkshire Hathaway investors over 35,000% since 1978, once said that “the stock market is designed to transfer money from the active to the patient.” Now many younger investors who had been seeking shortcuts are coming around to his way of thinking. In 2008, just as the seeds of the recent tech boom were being sown in the ashes of the financial crisis, Tim Ferriss, bestselling author of “4-Hour Workweek,” which told readers how to “join the new rich,” snagged a coveted microphone at Berkshire Hathaway’s annual meeting. With a shaky voice, he asked Mr. Buffett and his business partner, Charlie Munger , how a 30-year-old with his first million dollars in the bank should invest.

☆ Facebook Parent Meta Plays for More Pay
▼ + stars: | 2023-02-23 | by ( Laura Forman | ) www.wsj.com time to read: 1 min

Meta CEO Mark Zuckerberg says the company’s new subscription plan is aimed at ‘increasing authenticity and security’ across its platforms. With Elon Musk’s Twitter tangled up in blue, Facebook and Instagram parent Meta Platforms once again looks as if it is lip-syncing a smaller rival. The social-media company turned metaverse maker attracted ridicule last weekend when Chief Executive Mark Zuckerberg said via a Facebook post that his company would start charging users for account verification and enhanced customer service. Dubbed Meta Verified, the new subscription plan is being rolled out in Australia and New Zealand this week, according to the company.

Big companies are announcing layoffs, home and stock prices are wobbling, inflation is squeezing household budgets and the Federal Reserve is still raising interest rates. Not surprisingly, Americans have been hearing the “R” word a lot. It’s the wrong one. The U.S. could still skirt a recession, but it is already in a richcession. That’s when, amid economic uncertainty, the well-off feel more of the bite.

☆ Top 10 things to watch in the stock market Friday: Market slide, optimism on Club stocks
▼ + stars: | 2023-02-17 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Deere (DE) posts a big earnings beat: $6.55 per share for fiscal 2023 first quarter, beating estimates of $5.53. Roku (ROKU) double upgraded at Bank of America to buy, price target to $85 per share. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

☆ Zillow Signals More Pain Ahead in Online Real Estate
▼ + stars: | 2023-02-16 | by ( Laura Forman | ) www.wsj.com time to read: 1 min

Zillow is telling investors that housing affordability challenges remain ‘front and center’ this year. Investors in online real estate platforms probably could waste a lot of energy figuring out how low home prices will go or whether mortgage rates have topped out, but common sense beats all that number crunching. U.S. home purchases fell more than 40% in the fourth quarter from a year earlier, Redfin reported this week. Meanwhile, online real-estate stocks including Zillow Group , Redfin, Opendoor Technologies and Compass are up an average of more than 90% this year so far. That is probably wishful thinking.

☆ DoorDash Delivers Some Second Helpings
▼ + stars: | 2023-02-16 | by ( Laura Forman | ) www.wsj.com time to read: 1 min

Food-delivery platforms seemed like pandemic winners, and then they didn’t. DoorDash , at least, has been showing some signs of an appealing second act. The food-delivery company said Thursday that its fourth-quarter revenue increased 40% year to year—its best growth on that basis since the third quarter of 2021. It also logged its eleventh straight quarter of positive adjusted earnings before interest, taxes, depreciation and amortization, generating a quarterly record of $117 million.

☆ Airbnb Puts Worries to Bed for Now
▼ + stars: | 2023-02-15 | by ( Laura Forman | ) www.wsj.com time to read: +1 min

Airbnb is forecasting that daily rates will ‘face increasing downward pressure’ this year. In travel, the winners were homestay platforms such as Airbnb . Domestically, average daily rates were up more than 30% in December versus the same period in 2019. But with inflation slowing and a possible recession looming, homestay pricing dynamics appear to be changing. Average daily rate growth in mountain and lake destinations was up less than 1% year on year in December, and the company forecasts pricing growth could turn negative in future months.

☆ Are we on the brink of a corporate credit crisis?
▼ + stars: | 2023-02-13 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

Economists at S&P Global Ratings forecast that speculative-grade (perceived to have a lower level of credit quality compared to more highly rated, investment-grade, companies) corporate default rates in the US and Europe will double this year alone. So are we on the brink of a corporate credit crisis? Before the Bell spoke with Ruth Yang, managing director and global head of thought leadership at S&P Global Ratings to discuss what lies ahead for the corporate credit market. Before the Bell: What’s your big picture view of the credit economy right now? There will be slower growth with thinner margins and that’s going to change how people look at their investment opportunities.

☆ Lyft’s Defensive Driving Stalls Out
▼ + stars: | 2023-02-10 | by ( Laura Forman | ) www.wsj.com time to read: 1 min

Lyft said its active riders were still down about 11% in the fourth quarter from prepandemic highs. When Lyft says it is taking aggressive steps to better compete in ride-hailing, all investors hear is that the service is losing. Lyft’s shares fell 30% in after-hours trading Thursday after its fourth-quarter results suggested that—compared with competitor Uber Technologies, at least—its business is now running on fumes. Lyft, whose single-lane focus relative to Uber’s more diversified and global business helped it achieve the holy grail of (adjusted) profits before its competitor, is now scrambling to play catch up.

☆ Social Media Gets Even Less Pinteresting
▼ + stars: | 2023-02-06 | by ( Laura Forman | ) www.wsj.com time to read: 1 min

The Grinch may not have stolen all of Pinterest’s business this past holiday season, but he didn’t exactly bring a bounty of gifts, either. Shares of the image-sharing platform fell around 10% in after-hours trading Monday after the company reported revenue growth of just 4% from a year earlier in the fourth quarter—slowing from more than 8% growth on that basis in the third quarter and coming in slightly less than Wall Street’s muted expectations. Pinterest guided to low-single-digit revenue growth for the first quarter, further disappointing analysts who had been forecasting growth of roughly 7%. The company also announced Chief Financial Officer Todd Morgenfeld would be leaving in July, with no successor yet to be named.

☆ Meta Gets Back to Reality
▼ + stars: | 2023-02-02 | by ( Laura Forman | ) www.wsj.com time to read: 1 min

Meta has said it would devote 80% of its total investment dollars to improving its legacy business. Hindsight is always 20/20 but, looking back, it was all there in not-so-fine print. Facebook-parent Meta Platforms’ surged 18% in after hours trading Wednesday following an earnings report that included a first quarter outlook that was better than feared. It came just one day after social media competitor Snap, Inc. painted an ominous picture of its own near-term business prospects, noting revenue was down about 7% quarter to date year on year.

☆ Snap Is Stuck in the Darkroom
▼ + stars: | 2023-02-01 | by ( Laura Forman | ) www.wsj.com time to read: 1 min

If you can’t hold users’ attention with a good ol’ face swap, flower crown or puking rainbow, are you even still in the game? Fourth-quarter revenue, reported Tuesday afternoon, was essentially flat year on year—Snap Inc.’s worst growth on that basis as a public company. No formal guidance was given for the first quarter, but Snap did say revenue had fallen 7% versus last year quarter-to-date. If that trend continues, it will mark the first period of year-over-year revenue losses reported by the company, falling well shy of Wall Street’s forecast for low-single-digit growth. Snap’s shares fell by about 14% in after-hours trading following its report.

China's population is shrinking. This shocking statistic is only the start of China's population decline. This year India is set to surpass China's population, and in a few years it will surpass China's working-age population — people 20 to 69. Because of its manufacturing prowess and importance to supply chains, China's shrinking working-age population has enormous, direct effects on the global economy. Among today's largest economies, only the US has a projection of positive population growth, though at very low levels.

☆ Meta Turnaround Could Trap Bears
▼ + stars: | 2023-01-31 | by ( Laura Forman | ) www.wsj.com time to read: 1 min

Meta’s Instagram and Facebook platforms are said to be starting to see a path to recovery in terms of engagement. Snap’s results have been a popular bellwether for investors trying to bet on Meta Platforms’ quarterly earnings reports. This week, investors may want to ignore them. Meta will report fourth-quarter earnings Wednesday afternoon, following Snap’s report after the bell Tuesday. The social-media-giant-turned-metaverse architect had an abysmal 2022 in the stock market, logging a 64% decline in its share price to shed some $600 billion in market value.

☆ Q&A with 'That '90s Show' star Kurtwood Smith: 'I was a little insecure on the first episode of "That '70s Show'
▼ + stars: | 2023-01-31 | by ( Eboni Boykin-Patterson | ) www.businessinsider.com time to read: +5 min

Kurtwood Smith played Red Forman on "That '70s Show" and reprised the role for "That '90s Show." Fans who recognize him will often come up and ask him to call them "a dumbass" just like Red would. The idea of Jackie and Fez together is pretty funny. I was a little insecure on the first episode of "That '70s Show," but I got some pretty good laughs out of it, and then it just continued on. I didn't necessarily think, "Oh, I'm pretty funny" — we had great writers on that show, and we have great writers on "That '90s Show."

☆ Why Lyft Is Headed for Its Own Recession
▼ + stars: | 2023-01-28 | by ( Laura Forman | ) www.wsj.com time to read: 1 min

Lyft asserts that its focus on ride-share will eventually pay off relative to Uber’s more diversified business, which includes food delivery. After losing around three-quarters of its market value last year, Lyft ‘s shares are up almost 47% this month. Lyft, which historically has been dusted by more global competitor Uber Technologies , isn’t suddenly gaining ground. In an initiation report in early January, Jefferies analyst John Colantuoni estimated the ride-hailer ended last year with around 29% U.S. market share to Uber’s 71%. His estimates show Lyft exiting the pandemic in arguably worse shape than it entered it, having lost around 3 percentage points of market share over the last three years.

☆ 10 things about ancient Egypt that movies and TV got wrong, according to an expert
▼ + stars: | 2023-01-28 | by ( Marianne Guenot | Carter Thallon | ) www.businessinsider.com time to read: +11 min

Movies and television shape what people think about ancient Egypt. Here are 10 things that "Moon Knight", "The Mummy", and others got wrong and one they got right. When it comes to ancient Egypt, they can draw the portrait of pharaohs ruling Egypt with an iron fist, cruel torture, and wicked booby-trapped pyramids. "All of the sarcophagi that I've seen in Egypt were made of stone," said Browder, an author of several books on ancient Egypt. The curse that set Imhotep on his murderous path in "The Mummy" has no historical basisIn "The Mummy," Imhotep was mummified alive.

☆ 'That' 90s Show' star Debra Jo Rupp says the worst moment in her career was her audition for producer Aaron Spelling
▼ + stars: | 2023-01-26 | by ( Eboni Boykin-Patterson | ) www.businessinsider.com time to read: +4 min

Debra Jo Rupp has appeared in many fan-favorite shows, like 'Friends,' and 'Grey's Anatomy.' Rupp says the worst moment of her career was in 90s LA, where she auditioned for a major producer. But in a recent interview with Chicago Tribune, Rupp opened up about the worst moment of her career — auditioning for "Beverly Hills, 90210" and "Charmed" producer Aaron Spelling. The show apparently never made it to air, but Rupp remembers the audition experience to this day. When she came back for the second audition, this time with Aaron Spelling in the room, Rupp says she had an experience that she now recalls as the worst moment in her career.

☆ The Price Is Wrong in Online Dating
▼ + stars: | 2023-01-24 | by ( Laura Forman | ) www.wsj.com time to read: 1 min

Financial analysts are estimating Tinder’s revenue grew only single-digits last year, down from 43% growth four years ago. Match Group is betting you can’t put a price on true love. The dating giant will be launching a new premium tier for its relationship app Hinge this quarter, a spokesperson for Match confirmed to The Wall Street Journal on Monday. The spokesperson also confirmed Match is testing subscribers’ interest in a new superpremium tier for its most popular dating app, Tinder. Bloomberg reported last week the new Hinge subscription, dubbed “HingeX,” would run as much as $60 a month, while the new Tinder subscription could cost a whopping $500 a month.

☆ Germaphobic Travelers Come Down With Sticker Shock
▼ + stars: | 2023-01-23 | by ( Laura Forman | ) www.wsj.com time to read: 1 min

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