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☆ Neuralink is less advanced than these 4 brain-computer devices. See Elon Musk's competition.
▼ + stars: | 2024-02-08 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +10 min

Elon Musk's brain-computer interface company, Neuralink, has implanted into a first human patient. AdvertisementElon Musk announced his brain interface company, Neuralink , implanted its first human brain chip last week. Courtesy of Blackrock NeurotechToday, most people who have a BCI implanted in their head have a Blackrock device. For now, all implanted BCIs are a way for people with severe forms of paralysis to regain independence, using their thoughts to control devices and access the internet. The neurodegenerative condition rendered key muscles in her face limp, but a BCI device is helping her communicate again.

Persons: Elon, Musk, who've, —, Elon Musk, you'd, Blackrock Neurotech, Florian Solzbacher, Marcus Gerhardt, BrainGate Pat Bennett, Steve Fisch, Stanford Medicine BrainGate, Matthew Nagle, Nagle, they're, Gerhardt, Leigh Hochberg, Synchron, Dr, Thomas Oxley, Angela Weiss, stentrode, Musk —, Max Hodak, Hodak, didn't, Ann Johnson, Dutchman Gert, Jan Oksam, Oksam, we'll, Stephen Hawking Organizations: BCI, Service, Twitter, Blackrock, Blackrock Neurotech, Stanford Medicine, Brown University, BrainGate, Getty Images, Reuters, Bloomberg, University of California, Lausanne University, California –, Elon Locations: Massachusetts, Utah, Blackrock, Getty Images Brooklyn, Australia, San Francisco, Switzerland, California

☆ Meet the Man Behind Litquidity, the Anonymous Instagram Account Dominating Wall Street
▼ + stars: | 2024-02-07 | by ( Reed Alexander | Hayley Cuccinello | ) www.businessinsider.com time to read: +26 min

The deck kicked off a game of one-upmanship among Wall Street banks trying to keep their employees happy. Lit capitalized on poking fun at Wall Street culture, selling $35 dad hats that read, "Do You Know Who My Father Is?" There have, of course, been endless rumors about Lit's identity, especially among Wall Street underlings. Wall Street underlings have speculated about Litquidity's identity for years. Basak, one attendee said, wanted to take a "wrecking ball through it all" and hold Wall Street heavy hitters accountable.

Persons: Goldman Sachs, I've, David Solomon, Litquidity, Goldman, Solomon, Evercore, Michael Kovac, Lit, Warburg Pincus, Jamie Dimon, Jamie Dimon's, Banksy, Bennett Jordan, who've, Lit's, — Mark Moran, —, Jefferies, Richard Handler, Spencer Platt, Isaac Laifer, Laifer, Handler, We'd, Henry, Hank, Medina, He's, he's, Jefferies Medina, Bart P, Fuchs, Karl Smith, Mark Moran, Moran, Bloomberg he'd, Zack DeZon, Getty Images Moran, Brian Hanly, Hanly, Sonali Basak, Angela Weiss, cryptocurrency, we'll, Mark, Medina's, weren't, CoinFLEX, Litquidity doesn't, Dave Portnoy, wasn't, Medina Ayden Syal, Kyle Zappitell, Zappitell, he'd, hasn't, Bennett Jordan —, Craig Sjodin, Litney, Paul Argenti, Wall Organizations: Goldman, New York Times, CNBC, Business, Bloomberg, Metropolitan Club of New, Nomura, Citigroup, Financial Times, Litney Partners, Whitney Partners, BI, ESPN, Litquidity, Centerview Partners, New York, Getty, Bain Capital, Litquidity Venture Partners, SEC, Cornell University, Wexford Capital —, Deutsche Bank, Deutsche, CFA, Getty Images, Bullish, Vice, Wall Street, Litquidity's, Manhattan's Rue, Fox Business, Litquidity Ventures, Coatue Management, SAFE, Soho House, Dartmouth University Locations: New York, Tribeca, Metropolitan Club of New York, Instagram, San Francisco, Medina, New York City, Miami, NoHo, Chad, Connecticut, Litquidity, Linktree, Soho

☆ Trump sex assault defamation trial postposed after juror calls in sick
▼ + stars: | 2024-01-22 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Former US President Donald Trump leaves Trump Tower for Manhattan federal court for the second defamation trial against him, in New York City on January 22, 2024. Charly Triballeau | AFP | Getty ImagesThe sex assault defamation trial of former President Donald Trump in New York was postponed Monday when a juror called in sick. After the jurors were excused, Habba told Kaplan that she wanted to call Trump as a witness on Wednesday. "I think we should finish tomorrow, Judge Kaplan." E. Jean Carroll (C) arrives for her civil defamation trial against former US President Donald Trump at Manhattan Federal Court in New York City on January 22, 2024.

Persons: Donald Trump, Charly Triballeau, Alina Habba, Lewis Kaplan, Habba, Michael Madaio, Kaplan, Trump, Jean Carroll, Carroll, Nikki Haley, Ron DeSantis, Carroll's, Robert Kaplan, Roberta Kaplan, Judge Kaplan, Angela Weiss Organizations: Trump, AFP, Getty, U.S, Republican, United, Florida Gov, Manhattan Federal, Afp Locations: Manhattan, New York City, New York, New Hampshire, United Nations

☆ Selena Gomez reminds us of the elegance of elbow gloves at the 2023 Academy Museum Gala
▼ + stars: | 2023-12-04 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

CNN —At the 2023 Academy Museum Gala in Los Angeles last night, not one, but three celebrities arrived in a decidedly retro accessory: Evening gloves. First popularized in the 16th century, the opera glove (usually categorized as being between 19 and 23 inches in length) has long been a dependable garment to elevate and exaggerate any ensemble. Gomez wore her accessories over her opera gloves. Marilyn Monroe created an iconic opera gloves moment, teaming them with a bustier dress in the 1953 movie "Gentlemen Prefer Blondes." For its latest Fall-Winter 2023 campaign, Versace dressed down a pair of black croc-effect leather elbow gloves with blue denim jeans.

Persons: Selena Gomez, Valentino, Cara Delevigne, Jared Leto’s, Givenchy, Gomez, Michael Buckner, Elizabeth I, Marilyn Monroe’s, ”, ” Monroe, —, Monroe, Marilyn Monroe, Bella Hadid, Anne Hathaway, Olivia Rodrigo, Zoë Kravitz, Emma D’Arcy, Mia Goth, Cambridge, Paula Rowan, Versace, Kodi Smit, McPhee, Kendall Jenner, Angela Weiss, lá Gomez Organizations: CNN, Variety, Fox Locations: Los Angeles, Shutterstock, Buckingham

☆ Sima Sistani says its time for WeightWatchers to embrace Ozempic. Will its users agree?
▼ + stars: | 2023-11-28 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

Sima Sistani, the 44-year-old CEO of WeightWatchers, is aware of this, and she recognized WeightWatchers had to evolve – or else. She also landed a massive deal to buy a telehealth business that can issue virtual prescriptions to patients for these weight loss drugs. Semaglutide was approved by the US Food and Drug Administration to treat type 2 diabetes as Ozempic, but it was also used off-label for weight loss. Some longtime users of the program feel betrayed by the pivot away from in-person meetings and toward medication-based solutions. “Sadly, they don’t want to do the work,” she said, of tracking food or exercising to achieve weight loss goals.

Persons: New York CNN —, Sima Sistani, WeightWatchers, she’s, Sistani, “, ” Sistani, Erica Shroeder, ”, Jaap Arriens, ” Goldman Sachs, Jenny Craig, Adam Rockmore, Ged, Angela Weiss, Variety Sistani, there’s, Semaglutide, aren’t, “ there’s, Oprah Winfrey, Jamie Yonash, influencers, Velanti, Michael Nagle, We’re Organizations: New, New York CNN, Walmart, CNN, WeightWatchers, Variety, US Food and Drug Administration, Bloomberg, Getty Locations: New York, Cola, Wegovy

☆ Lewis Hamilton hits back at Las Vegas GP critics, saying the race ‘proved them wrong’
▼ + stars: | 2023-11-20 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

CNN —After a bumpy start to the weekend, the Las Vegas Grand Prix eventually lived up to much of the pre-race hype. Max Verstappen was initially critical of the spectacle, but later changed his tune to don an Elvis-themed suit. F1 was returning to Las Vegas for the first time in more than 40 years, with the new street circuit featuring the city’s iconic Strip. Celebrities, including Usain Bolt, were out in force in Las Vegas. Lewis Hamilton said the race proved doubters wrong.

Persons: Max Verstappen, Verstappen, Mercedes, Lewis Hamilton, Jared C, Tilton, ”, ” Verstappen, Elvis Presley’s, Usain Bolt, Angela Weiss, Brad Pitt, Rihanna, David Beckham, Shaquille O’Neal, J Balvin, Kylie Minogue, Tiesto, Andrew Benson, ” Benson, “, Mark Thompson, Tom Cary, Cary, Mike Blake, Stefano Domenicali, Renee Wilm Organizations: CNN, Las Vegas, Getty, Sky Sports, Vegas, Las, Bellagio, Reuters, Las Vegas GP Locations: Baku, Las Vegas, Vegas, 200mph, Paris, Monaco

☆ Why America is panicking about shoplifting
▼ + stars: | 2023-11-17 | by ( Ally Hill | Nathaniel Meyersohn | ) edition.cnn.com time to read: +12 min

New York CNN —“Shoplifting in Great Department Stores.” “The Shoplifting Profession.” “No Mercy to Shoplifters.”These headlines could be from articles today. While shoplifting has seemingly never been a bigger problem than it is now, shoplifting has long captured the public’s attention. Angela Weiss/AFP/Getty ImagesAlthough shoplifting increased in some cities during the first half of the year compared to pre-pandemic levels, there is no clear national rise in shoplifting, according to a new analysis by the Council on Criminal Justice, a nonpartisan criminal justice policy organization. Middle-class women shoplifting in Victorian Britain during the 1800s were the focus of an early panic over shoplifting. Fears spread over middle-class women shoplifting during the early years of department stores.

Persons: New York CNN —, ”, ” James Walsh, Alex Vitale, Donald Trump, Angela Weiss, ” Vitale, Michael Flamm, San Francisco —, Adam Gelb, Tammy Whitlock, kleptomania, “ Said, Abbie Hoffman’s, ” Flamm, Abbie Hoffman, John Shearer, Barry Goldwater, Richard Nixon, JC Penney, ” David Johnston, Jeffrey Greenberg, we’d, Jeffrey Butts, “ Organizations: New, New York CNN, Great Department, University of Ontario Institute, Technology’s, CNN, Brooklyn College, ”, Getty, Criminal, Ohio Wesleyan University, “, San, New York Times, University of Kentucky, Consumer Culture, Times, Ohio Wesleyan, National Retail Federation, Retailers, Universal, Commerce, Chamber of Commerce, Department of Justice, “ Research, Research, John Jay College of Criminal Locations: New York, Shoplifters, Britain, America, New York City, Los Angeles, Dallas, Victorian Britain, England, Ohio, Vietnam

☆ Eric Adams Says ‘We Don’t Do Quid Pro Quo’ for Contributions
▼ + stars: | 2023-11-14 | by ( James Fanelli | Jimmy Vielkind | ) www.wsj.com time to read: 1 min

Eric Adams’s electronic devices were seized last week by federal investigators. Photo: angela weiss/Agence France-Presse/Getty ImagesNew York City Mayor Eric Adams said he and his aides haven’t exchanged political favors for campaign contributions, offering a broad defense of his conduct in office amid a federal public-corruption probe. Adams, a former police captain, during a press conference Tuesday sought to shift focus from the investigation, in which federal officials are examining whether Turkish money illegally went to the Democrat’s 2021 campaign, people familiar with the matter said.

Persons: Eric, angela weiss, Eric Adams, haven’t, Adams Organizations: Agence France, York City Locations: York

☆ Everyone is going bankrupt
▼ + stars: | 2023-11-09 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . WeWork, the real-estate company that cosplayed as a tech startup, filed for Chapter 11 bankruptcy this week. AdvertisementAdvertisementBut one Wall Street veteran believes WeWork will be the first of many companies to succumb to a similar fate. 3 things in marketsANGELA WEISS / Getty ContributorCan the stock market keep this momentum going?

Persons: —, AFTRA, Tesla, Brooks Kraft, It's, WeWork, David Trainer, Jennifer Sor, Insider's Vishal Persaud, Katie Notopoulos, Adam Neumann, we've, ANGELA WEISS, Jeff Gundlach, OpenAI's, Google's Bard, Min, Uber, Travis Kalanick's, Matthew Tortoriello, Sherrod Brown, Malte Mueller, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, SAG, Hollywood, Tech, Google, Brooks Kraft LLC, Getty, Wall, P, Bank of America, Wall Street, Nasdaq, ExxonMobil, Tesla, Apple, Brooks, Amazon, YouTube, NFL, News Corp, Sony Locations: French Montana, New York City, San Diego, London, New York

☆ Future of Trump’s business empire could be hit by his fraud trial
▼ + stars: | 2023-11-08 | by ( Alicia Wallace | Nicole Goodkind | ) edition.cnn.com time to read: +6 min

Minneapolis CNN —The New York civil fraud trial of former President Donald Trump carries extremely high stakes for the self-proclaimed business mogul. “It’s between severe and seismic” as to the effects on Trump’s businesses, Thomas told CNN on Monday. Early last month, an appeals court judge paused the dissolution process for the duration of the ongoing $250 million fraud trial. A New York judge fined Donald Trump's family business the maximum penalty of $1.6 million for committing tax fraud. “[Trump] has largely been absent from the New York market for a long time,” he said.

Persons: Donald Trump, Trump, Will Thomas, Thomas, Arthur Engoron, Engoron, Victor J, ” Thomas, Adam Leitman Bailey, Bailey, ”, Alina Habba, they’re, “ They’re, Donald Trump's, Angela Weiss, you’re, — that’s, ” Trump, John Coffee, Trump’s, Jonathan Miller, Miller Samuel, ” Miller, it’s Organizations: Minneapolis CNN, The, University of Michigan’s Ross School of Business, “, CNN, Trump Organization, Trump, Bloomberg, Getty, Mar, New York, AFP, Columbia Law School, First Department, Miller Samuel Inc, New Locations: Minneapolis, York, Manhattan, New York, Westchester County , New York, Trump’s Florida, Aberdeen, Scotland, SoHo, New York City, AFP

☆ A 'once-in-a-generation' market opportunity thanks to some unfamiliar names
▼ + stars: | 2023-11-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at why the market might be on the cusp of a once-in-a-generation investing moment (but not with the names you're familiar with). The big storyUnder the radarA trader looks at market charts on the floor of the New York Stock Exchange on January 18, 2023. Angela Weiss/AFP/Getty ImagesWhen it comes to the stock market, the real value is in the crumbs. AdvertisementAdvertisementThe former chief investment strategist at Merrill Lynch views the chance to get in on less-glamorous stocks as a "once-in-a-generation" opportunity. The end of the AI market boon.

Persons: —, Stanley, Angela Weiss, Richard Bernstein, Merrill Lynch, Insider's Jennifer Sor, Bernstein, Jennifer, Brendan McDermid, Fundstrat's Tom Lee, Charlie Munger, Warren Buffett's, Munger, there's, Berkshire Hathaway, Bill Smead, Smead, Kendrick Lamar's, Rishi Sunak, Linda Yaccarino, Hitler, Elon Musk, carles miro, Getty, Tyler Le, Gen Zers, Zers, Donald Trump, OpenAI, OpenAI DevDay, Adolphe Sax, Martha Stewart, Lexie Moreland, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, New York Stock Exchange, Getty, Bank of America, REUTERS, Elon, AI, Trump, Trump Organization, OpenAI Locations: Victoria, New York City, San Diego, London, New York

☆ Rachel Rosenkrantz is making guitars from mushrooms
▼ + stars: | 2023-11-01 | by ( Flo Cornall | ) edition.cnn.com time to read: +7 min

While these classic guitars will always have a firm spot in our playlists, there are some new designs making waves by harnessing some peculiar materials. Guitar maker and master luthier Rachel Rosenkrantz thinks she’s hit the right note crafting bespoke instruments out of biomaterials. From mushroom ukuleles and beehive guitars to banjos made out of kombucha leather, she’s assembled a curious collection of biodegradable instruments. Her “Mycocaster” electric guitar is made from mycelium and paper, with dried fibers such as corn husk added to make the guitar body more rigid. Her “Mycocaster” electric guitar is made from mycelium and paper, with dried fibers such as corn husk added to make the guitar body more rigid.

Persons: Rachel Rosenkrantz, she’s, banjos, Rosenkrantz, luthiers, I’m, it’s, ” Rosenkrantz, Biomaterials, Rachel Rosenkrantz's, “, –, doesn’t, Angela Weiss, ”, Rosenkrantz’s Mycocaster Organizations: CNN, Forest, Convention, International Trade, BMW, Rhode Island School of Design, Getty Locations: biomaterials, Paris, Rhode, Sitka, Brazil, New York

☆ Maine Mass Shooting Suspect Found Dead: A Timeline
▼ + stars: | 2023-10-28 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

Maine Mass Shooting Suspect Found Dead: A TimelineRobert Card, the suspect in a shooting spree that left 18 people dead in Maine, was found dead Friday night of an apparent self-inflicted gunshot wound, officials said. Here is a timeline of how the shootings unfolded and the manhunt that followed. Photo: Angela Weiss/AFP/Getty Images

Persons: Robert Card, Angela Weiss Organizations: Getty Locations: Maine

Law enforcement officials say Card, a US Army reservist and certified firearms instructor, had extensive training that included land navigation and firearms. Law enforcement prepare for a search for a gunman who killed 18 people two days ago, in Lewiston, Maine, on Friday. A law enforcement official said Friday that investigators have also recovered a cell phone that belonged to the suspect. The encounters happened 10 days after Card purchased the high-powered rifle at a Maine gun store, law enforcement sources said. A shelter in place sign is displayed in Lewiston, Maine, on October 27, 2023, in the aftermath of a mass shooting.

Persons: Robert Card, Michael Sauschuck, Janet Mills, ” Mills, “, –, ”, Tricia Asselin, CNN’s Kaitlan Collins, ” Tammy Asselin, he’s, Kevin Lamarque, …, Tammy Asselin, Tricia, Joe Biden, ” Biden, trickled, Deborah Roy, CNN she’d, ” Roy, Roy, “, Robert F, Sauschuck, Card, ” Sauschuck, haven’t, CNN’s John Miller, Angela Weiss, “ belligerently, Peyton Brewer, Ross, Tommy Conrad, Michael Deslauriers II, Bryan MacFarlane, Arthur Strout, Joseph Walker, Joshua Seal, Maxx Hathaway, Ron Morin, Bill Young, Aaron Young, Stephen Vozzella, Bob Violette, Billy, Jason Adam Walker, Keith D, Macneir, Lucille M, Violette, Bill, Aaron, Aaron’s, Kayla Putnam, Putnam, “ It’s, ” Putnam, WCVB, Lucille, “ Bob’s, Brandon Dubuc, ” CNN’s Shimon Prokupecz, Jamiel Lynch, Jeanne Bonner, Jay Croft, Alaa Elassar, Raja Razek, Mary Kay Mallonee, Michelle Watson Organizations: CNN, Maine Public, Maine Gov, Recreation, Authorities, US Army, Reuters, ”, Law, Getty, Army Reserve, New York State Police, Camp Smith, Army, Card, Ruger, FBI, Violette Maine Department of Public, WBZ Locations: Maine, Lewiston, Lisbon Falls , Maine, –, Lisbon, “, ”, Lewiston , Maine, Auburn, Androscoggin, Cortlandt , New York, Sagadahoc

We're buying 75 shares of Oracle (ORCL) at roughly $103 each. Following Monday's trade, we will own 725 shares of ORCL, increasing its weighting in the portfolio to 2.72% from 2.45%. Oracle shares were up about 1% on Monday after falling 6% on Friday in reaction to the company's AI Executive Forum event. ORCL YTD mountain Oracle YTD Still, the company noted strong demand for its AI services. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Larry Ellison, Safra Catz, Catz, Jim Cramer's, Jim Cramer, Jim, Angela Weiss Organizations: Oracle, ORCL, CNBC, Traders, New York Stock Exchange, AFP, Getty Locations: Oracle's, New York

☆ How the Osage Nation helped Martin Scorsese make ‘Killers of the Flower Moon’ more authentic
▼ + stars: | 2023-10-21 | by ( Harmeet Kaur | ) edition.cnn.com time to read: +8 min

Before production of “Killers of the Flower Moon” began, the Osage Nation expressed their concerns and signaled that they wanted to be involved in bringing their history to the big screen. Now that they’ve seen “Killers of the Flower Moon,” Gray and other Osages say the film is all the better for the collaboration. Former Osage Nation Chief Jim Gray has a personal connection to the story depicted in "Killers of the Flower Moon." Osage Nation leaders and consultants who worked on the film attend the New York premiere of "Killers of the Flower Moon" on September 27. A lot of little things.”“Killers of the Flower Moon” might have looked different had an Osage filmmaker been at the helm.

Persons: Martin Scorsese, David Grann’s, Osage, —, Jim Gray, ”, Scorsese, ” Gray, Geoffrey Standing Bear, Bear, Oklahoma’s Gray, Chandan Khanna, Gray, Henry Roan, ’ ” Gray, can’t, Tom White, Leonardo DiCaprio, ” Scorsese, DiCaprio, Mollie, Ernest Burkhart —, Ernest Burkhart, Jesse Plemons, Gladstone, Melinda Sue Gordon, ” Christopher Côté, ” Côté, Scorsese “, conspires, that’s, That’s, Chad Renfro, Angela Weiss, Renfro, It’s, ” Renfro, Robert De Niro, Niro, “, hasn’t Organizations: CNN, Hollywood, Osage Nation, Osage, Osage News, Former Osage Nation, Getty, FBI, Apple, Los, Yorker, New York, Nation Locations: Oklahoma, Oklahoma’s, Osage, Los Angeles

☆ Beware of these expensive stocks that analysts don't like
▼ + stars: | 2023-10-17 | by ( Brian Evans | ) www.cnbc.com time to read: +8 min

For context, the longer-term P/E ratio for the past 12 months of the S & P 500 is about 21 times trailing earnings. That compares to a five-year average P/E ratio of 19.87. The life insurer's 12-month trailing P/E ratio came in at 31.99, compared to its five-year average P/E ratio of 13.62. For context, the longer-term P/E ratio for the past 12 months of the S&P 500 is about 21 times trailing earnings. The life insurer's 12-month trailing P/E ratio came in at 31.99, compared to its five-year average P/E ratio of 13.62.

Persons: JPMorgan's Marko Kolanovic, David Vogt, Tyson Foods, Jefferies, Henry Schein, Michael Bloom, Darla Mercado, Angela Weiss, HSIC Henry Schein, MOH Organizations: Treasury, Federal Reserve, CNBC Pro, IBM, UBS, Premier U.S, Tyson, Prudential Financial, Jefferies, Prudential, CNBC, Hewlett Packard Enterprise, Molina Healthcare, Pinnacle West, Traders, New York Stock Exchange, AFP, Getty, Business Machines Corp, Healthcare, Progressive Corp, Pinnacle West Capital Corp, TSN Tyson Foods, Business Machines Corp IBM, Target Premier U.S, Tyson Foods Inc TSN, Prudential Financial Inc

☆ Our top 5 stocks of October so far as Wall Street rebounds from a September slump
▼ + stars: | 2023-10-17 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +6 min

After a rough September, October has so far been much more kind to stocks and has helped Wall Street cut into some of its third-quarter losses . FL mountain 2023-09-29 Foot Locker's stock performance so far in October. LLY mountain 2023-09-29 Eli Lilly's stock performance so far in October. PANW mountain 2023-09-29 Palo Alto's stock performance so far in October. HUM mountain 2023-09-29 Humana's stock performance so far in October.

Persons: Dow, Locker, Foot, Jim Cramer, Eli Lilly's, Eli Lilly, Jim Cramer's, Jim, Angela Weiss Organizations: Dow Jones, Nasdaq, Nike, Novo Nordisk, Palo Alto Networks, Nvidia, Johnson Controls, Palo Alto, Coterra Energy, Exxon Mobil, Club, Natural Resources, Humana, UnitedHealth, CNBC, New York Stock Exchange, Wall, AFP, Getty Locations: Alto, Israel, U.S, New York City

☆ Photos: Israel-Hamas War, Sam Bankman-Fried's Trial, Fall Foliage and More
▼ + stars: | 2023-10-14 | by ( ) www.wsj.com time to read: 1 min

Birkenstock CEO Oliver Reichert (center) waves Wednesday as he rings the opening of the New York Stock Exchange, as Birkenstock launched its IPO. Birkenstock CEO Oliver Reichert waves Wednesday as he rings the opening of the New York Stock Exchange, as Birkenstock launched its IPO. Angela Weiss/Agence France-Presse/Getty Images

Persons: Oliver Reichert, Birkenstock, Angela Weiss Organizations: New York Stock Exchange, Agence France

☆ Investing in Space: A reality check on SPAC frenzy revenue projections
▼ + stars: | 2023-10-12 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +13 min

Overview: Forecast or fantasyWe're now at least two years on from when a slew of space companies went public during the SPAC frenzy, and, look, none of them look great. Now a bit further down the road, I want to look at a different financial metric: 2023 revenue projections. I ran an informal series for a while to mark when a space company announced it was going public. The rest of the pack isn't as on the mark: A few companies are roughly halfway to their earlier 2023 revenue projections, or performing even better. Spire forecast 2023 revenue of $227 million and is closing in on about $107 million.

Persons: Angela Weiss, CNBC's Michael Sheetz, it's, I'd, Here's, Derek Tournear, Ron Rosano, Trevor Beattie, Namira Salim, –, REx, Christopher Povak, Lisa Watson, Morgan, – Watson, Morgan Starliner, General, NASA Astrobotic, Andy Lapsa Organizations: New York Stock Exchange, AFP, Getty, Terran, Galactic Astra, CNBC, Pentagon, Space Development Agency, LinkedIn, Galactic, NASA, NASA NRO, Soyuz, – Reuters, Reuters SpaceX, FAA, Federal Aviation Administration, IAC, Lunar Research, SpaceX, Boeing NASA, Moonshots Capital, Lavrock Ventures, Veteran Fund, Mana Ventures, AIN Ventures, Capital Factory, Astra, – Bloomberg, ViaSat, Viasat Locations: Russian, Azerbaijan, Russia, Venezuela, South Africa, Florida, Washington, CNBC Los Angeles

☆ Why investors should buy these fixer-upper names, while sticking with 3 that are set to soar
▼ + stars: | 2023-10-11 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

Oracle Oracle (ORCL) stock has been sliding for some time, with shares down 14% over the past month, even as the stock has climbed more than 33% this year. He added that this is a great level at which to buy Oracle stock. And here are three Club names that need no work, and are well-positioned to soar: Caterpillar Caterpillar (CAT) has weathered the market's volatility well. TJX Companies This is TJX Companies ' (TJX) time to shine, as the off-price retailer has the best business model to capture the spending of a cash-strapped consumer. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer, Walt Disney, Jim, Disney's, Nelson Peltz, Laxman Narasimhan, There's, Larry, Ellison, it's, we're, TJX, Eli Lilly Eli Lilly, Mounjaro —, Jim Cramer's, Angela Weiss Organizations: Nasdaq, Treasury, Club, Disney, Walt, ESPN, Comcast, Hulu, CNBC, Starbucks, U.S, Oracle Oracle, Oracle, Caterpillar Caterpillar, Caterpillar, Traders, New York Stock Exchange, AFP, Getty Locations: NBCUniversal, China, U.S, Maxx, New York City

☆ Retail theft isn't actually increasing much, major industry study finds
▼ + stars: | 2023-09-26 | by ( Courtney Reagan | ) www.cnbc.com time to read: +3 min

Total retail shrink grew to more than $112 billion in 2022, up from $93.9 billion the year before, according to the newest National Retail Security Survey. The metric, which accounts for various types of inventory loss including theft, damage and vendor error, generally rises as retail sales climb. External theft, which includes organized retail crime, was again reported as the largest source of shrink last year at 36.15%, but that was slightly below 37% in 2021. The NRF conducted the online survey of senior loss prevention and security executives in the retail industry. The results for 2022 include 177 retail brand respondents, which the organization said accounted for 22% of retail sales in 2022.

Persons: Duane Reade, Angela Weiss, Locker, David Johnston Organizations: Afp, Getty, Target, National Retail Federation, National Retail Security Survey, Retail Security Locations: New York City

☆ The way I'm thinking about stocks makes them winners no matter what the Fed or bonds do
▼ + stars: | 2023-09-24 | by ( Jim Cramer | ) www.cnbc.com time to read: +14 min

After the September meeting pause last week, the target range for the fed funds rate remained at 5.25% to 5.50%. First, I don't know a soul besides me who agrees with that 20-year versus fed funds rate yield prognosis. They think the fed funds rate will come down or the 20-year yield is already extended. Second, I don't know anyone else who believes the economy is so strong that the Fed is correct to keep on an anti-inflation course. I don't think so.

Persons: We've, Jerome Powell, Powell, It's, —, that's, — let's, it's, Bob Iger, Charlie Scharf, there's, Einstein, Salesforce, Elliott, Bill Newlands, Constellation, William Giles, Giles, Bud, Tom Jorden, Coterra, Jim Cramer's, Jim Cramer, Jim, Angela Weiss Organizations: Federal Reserve, Fed, Treasury, Apple, Club, Disney, Hulu, CNBC, Comcast, DIS, ABC, ESPN, Nexstar Media, YouTube, Apple's, Wells, Constellation Brands, Constellation, Elliott Management, Autozone, San, Coterra Energy, & Gas, Ford, Traders, New York Stock Exchange, AFP, Getty Locations: U.S, New Jersey, Gary's, Madison —, Wells Fargo, Wells, What's, slowdowns, Texas, San Miguel, Brooklyn , New York, AMZN, CTRA

☆ Poland's arms spat with Ukraine has angered many in Europe, and it's only good news for Putin
▼ + stars: | 2023-09-23 | by ( Luke Mcgee | ) edition.cnn.com time to read: +7 min

A senior EU diplomat told CNN: “Ukraine already offered Poland a solution on grain. The country is currently trying to join both the EU and NATO, for which it has unanimous support. Most EU member states accept that in order to accommodate Ukraine, there will need to be substantial reform to how the EU operates. The final reason that officials across Europe are furious about this week’s events is that it hands Russian President Vladimir Putin a propaganda coup. Kremlin spokesperson Dmitry Peskov, when asked about the spat, used it to say “there are certain tensions between Warsaw and Kyiv.

Persons: Volodymyr Zelensky, Russia’s, Zelensky, Mateusz Morawiecki, Andrzej Duda, Angela Weiss, Wojtek Jargilo, ”, –, Poland –, Vladimir Putin, Dmitry Peskov Organizations: CNN, Ukraine, European Union, EU, Justice, UN, Getty, NATO, “, EU Commission, Kremlin Locations: Poland, Warsaw, Kyiv, Ukraine, Hungary, Slovakia, Europe, Polish, ” Poland, New York City, ”, Russia, EU, “ Ukraine, “, Brussels

☆ Climate change is already costing us money, but we have a chance to limit the worst of it and prosper. Here's how.
▼ + stars: | 2023-09-21 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +12 min

But to get there, we'll need to spend a lot of money up front and be real about the climate costs we're already paying — even if we don't always notice them. The full costs of extreme weather are often hiddenThe biggest fires, floods, and heat waves tend to draw headlines. But for years, the more subtle effects of extreme weather had gone pretty much unnoticed. This situation could be made worse by a looming financial "mega shock," which could arise as more people wake up to the reality of the climate crisis, Butler said. The Biden administration has already earmarked $52 billion to tackle the climate crisis for 2024.

Persons: —, Amir Jina, It's, Jina, Idalia, Joe Raedle, Creon Butler, Mario Tama, Butler, haven't, ANGELA WEISS, Hurricane Ian, Matias J, Biden, That's, We've, it's, Bulter Organizations: University of Chicago, Getty, Insurance, Miami Herald, Tribune, Service, UN, Intellectual, Organization Locations: Tarpon Springs , Florida, London, New York City, , Florida, Hurricane, Botswana, Denmark, Namibia

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