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☆ 3 reasons why bitcoin can still reach $150,000 by 2025, according to Bernstein
▼ + stars: | 2024-05-06 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Bitcoin will still reach $150,000 by 2025, Bernstein reaffirmed in a new note. ETF and spot bitcoin demand has remained strong, analysts wrote. "Investors ask us if anything has changed on our $150K Bitcoin price view and if the post-halving price correction has affected our conviction. Second, rule updates from the Financial Accounting Standards Board pertaining to crypto are driving corporate interest in bitcoin, Bernstein said. Advertisement"Overall, healthy Bitcoin demand and continued discipline in the Bitcoin mining cycle, allowing the Bitcoin party to last longer this time.

Persons: Bitcoin, Bernstein, —, Gautam Chhugani, Mahika Sapra, Block, Chhugani, Bernstein isn't, bitcoin Organizations: Service, ETF, Financial, outflows, Chartered, ~$ Locations: outflows, bitcoin

☆ A Starry Cast Navigates ‘Uncle Vanya’ and ‘Every Emotion Under the Sun’
▼ + stars: | 2024-04-29 | by ( Laura Collins-Hughes | ) www.nytimes.com time to read: +1 min

Broadway shows usually come with a back story about the yearslong slog it took to get them there. Not so with Heidi Schreck’s new translation of Chekhov’s “Uncle Vanya,” which arrived at Lincoln Center Theater’s Vivian Beaumont Theater not even 12 months after its inception. Directed by Lila Neugebauer, it is Schreck’s first Broadway show since “What the Constitution Means to Me,” in 2019, and the ensemble is a starry one. William Jackson Harper, best known for “The Good Place,” plays Astrov, the eco-nerd doctor whom Sonia loves. Anika Noni Rose, a Tony Award winner for “Caroline, or Change,” is the glamorous Elena, Sonia’s stepmother, for whom both Vanya and Astrov yearn.

Persons: Heidi Schreck’s, Uncle Vanya, ”, Vivian Beaumont, Lila Neugebauer, Steve Carell, Vanya, Sonia, Alison Pill, Alfred Molina, William Jackson Harper, Anika Noni Rose, “ Caroline, Elena, Sonia’s, Astrov Organizations: Broadway, Lincoln Center

☆ Investor Ron Baron says Tesla is at a bottom and the stock will 'go up huge' from here
▼ + stars: | 2024-04-25 | by ( Yun Li | Adam Jeffery | ) www.cnbc.com time to read: +1 min

Billionaire investor Ron Baron, a longtime Tesla bull, believes Elon Musk's electric vehicle manufacturer has hit a bottom. What they are doing is going into robotaxis and going to make the low-cost cars," Baron said on CNBC's "Squawk Box" on Thursday. Tesla is the biggest holding in Baron's oldest and biggest fund, Baron Partners Fund (BPTIX), accounting for more than 30% of the portfolio. The fund is down more than 17% this year amid a 35% decline in Tesla shares. TSLA 1Y mountain Tesla shares over past 12 months.

Persons: Ron Baron, Tesla, Elon, Baron, Musk, weathers, — Organizations: Baron Capital, Baron Partners Fund Locations: robotaxis, Tesla, Baron's, Austin , Texas

☆ Why ARK Invest thinks it’s an 'amazing time' to invest in cutting-edge tech
▼ + stars: | 2024-04-25 | by ( Emily Glass | ) www.cnbc.com time to read: +1 min

ARK Invest is betting big on private tech companies. "It's an amazing time to invest in innovation," the firm's chief futurist, Brett Winton, told CNBC's "ETF Edge" this week. Winton worked with the ARK Invest team to create the ARK Venture Fund (ARKVX), a closed end interval fund, in September 2022. Closed-end interval funds allow investors to invest in private companies at their net asset value at any time, regardless of market volatility. As of Thursday's close, the ARK Venture Fund was up 29% since its inception date.

Persons: Brett Winton, CNBC's, Winton, ARK, … Organizations: Invest, ARK Invest, ARK Venture, Games, SpaceX

☆ Live Updates: Supreme Court to Consider Access to Emergency Abortions
▼ + stars: | 2024-04-24 | by ( Abbie Vansickle | ) www.nytimes.com time to read: +5 min

A hospital emergency department in Jackson, Mississippi, one of several states with bans that outlaw most abortions, allowing it to save a woman’s life, but not to prevent severe health consequences. The abortion case before the Supreme Court on Wednesday centers on a federal law requiring emergency medical care for any urgent condition, but its specific mention of one condition — pregnancy — will matter most. The law requires that emergency departments provide stabilizing care not only to patients facing imminent death, but patients whose health would otherwise deteriorate. There were alarming cases involving pregnant women in labor jettisoned from private hospitals before their babies could be born. “I remember a young woman in labor who was sent to Parkland from another hospital — a religiously-affiliated hospital,” he said.

Persons: ”, Dr, Ron Anderson, “, Sara Rosenbaum, Rosenbaum, Roe, Wade, EMTALA Organizations: Labor, Parkland, George Washington University Locations: Jackson , Mississippi, Idaho, Texas, Dallas, Parkland, ”

☆ Here are the top 10 smartest cities in the world — and none are in the U.S.
▼ + stars: | 2024-04-22 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +4 min

These are the ten smartest cities in the world, according to IMD. This year's index was produced by the IMD World Competitiveness Center's Smart City Observatory in collaboration with the World Smart Sustainable Cities Organization (WeGO) that's based in Seoul, South Korea. Smart cities in Europe and Asia are gaining ground globally while North American cities have fallen down the ranks, according to the 2024 Smart City Index released April. Here are the top 10 smart cities, according to the 2024 Smart City Index. While European cities dominated the list, Asian cities are gaining ground too.

Persons: Bruno Lanvin, Lanvin Organizations: IMD, Smart, Smart Sustainable Cities Organization, United Arab Emirates, Washington DC, San, U.S, Boston, CNBC Locations: Seoul, South Korea, Europe, Smart, Asia, Zurich, Switzerland Oslo, Norway Canberra, Australia Geneva, Switzerland Singapore Copenhagen, Denmark Lausanne, Switzerland London, England Helsinki, Finland Abu Dhabi, Denver, Los Angeles, San Francisco, New York City, Chicago, Singapore, Beijing, Taipei City, Shanghai

☆ Live Updates: Yale Students Arrested as Campus Chaos Spreads
▼ + stars: | 2024-04-22 | by ( Alan Blinder | ) www.nytimes.com time to read: +11 min

Some reportedly shouted at Jewish students and made antisemitic statements. Still, some Jewish students who are supporting the pro-Palestinian demonstrations on campus said they felt solidarity, not a sense of danger, even as they denounced the acts of antisemitism. Image Grant Miner, a Jewish graduate student at Columbia University, says he doesn’t feel unsafe on campus. Jewish students get harassed trying to leave @Columbia’s campus tonight. Image At the “Gaza Solidarity Encampment” on the Columbia campus, tents were crowded together Sunday night.

Persons: Eric Adams, ” Andrew Bates, Nemat Shafik, Minouche, “ Al, Adams, Grant Miner, Bing Guan, New York Times “, “, U2Ii5GTuLm — David lederer, @Davidlederer6, ”, Eliana Goldin, Aryeh, . Goldin, Samantha Slater, Shafik, Mr, Miner, ” Makayla, Gubbay, —, “ There’s, ” Ms, Elie Buechler, Rabbi Buechler, Hillel, ” Brian Cohen, Noah Levine, “ I’m, Xavier Westergaard, Sharon Otterman Organizations: Columbia, Jewish, White, New, ”, Columbia University, Credit, New York Times, Palestinian, Israel, University, New York Police Department, Barnard College, Gaza Solidarity, New York Times Students, Ivy League, Campus, “, Hillel, Broadway, Jewish Voice, Peace Locations: Upper Manhattan, New York City, American, Israel, Columbia, Poland, @Columbia’s, Europe, Chabad, Gaza, Palestine, Amsterdam

☆ A key service helping convicted US veterans recover remains dysfunctional for everyone else, but there's a fix
▼ + stars: | 2024-04-20 | by ( Ella Sherman | ) www.businessinsider.com time to read: +11 min

Veteran treatment courts, which prioritize rehabilitation for convicted veterans, provide comprehensive care, but the public version of these courts fail to deliver comparable support. Landing in a treatment courtAs of 2022, there were over 4,153 adult drug courts and 511 veteran treatment courts in the United States. There are numerous ways a person who has been convicted can enter a drug treatment court. Many adult drug treatment courts are unable to admit violent offenders due to the BJA prohibition. He describes his veteran treatment court experience as going through an "intense supervised probation" that gradually lessened.

Persons: —, Christopher Deutsch, Deutsch, there's, Christina Lanier, John Pendygraft, Pool Lanier, they're, Lanier, Ed Kubo, Michael Peacock, Kristen Wong Deutsch, Hondo Underwood, Underwood, BI's Ju Shardlow, Jack Milton Organizations: Service, Business, Court, Center, Criminal, AP, UNC Wilmington, Army, Treatment, Supreme Court, Marine Corps, Justice, Harbor, Veterans Affairs, Portland Press, Getty Locations: Clearwater , Florida, Raleigh, North Carolina's, Wilmington, United States, Hawaii, Colorado

☆ Leonardo DiCaprio was in talks to play Lex Luthor in 'Batman v Superman,' Zack Snyder said. That would have broken his 'no superhero movies' rule.
▼ + stars: | 2024-04-18 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +3 min

Leonardo DiCaprio was in talks to star in "Batman v Superman: Dawn of Justice," director Zack Snyder said. If DiCaprio had taken the role, it would have broken his "no superhero movies" rule. AdvertisementLeonardo DiCaprio was one of the actors in talks to play Lex Luthor in "Batman v Superman: Dawn of Justice," director Zack Snyder said. He followed it up with "Batman v Superman" in 2015, which pits Batman (Ben Affleck) against Superman (Henry Cavill), while Lex Luthor (Jesse Eisenberg) pulls the strings from the shadows and experiments with Kryptonian technology. I think DiCaprio, he had a lot of great ideas actually just in the meeting.

Persons: Leonardo DiCaprio, Zack Snyder, Snyder, DiCaprio, Lex Luther, —, Lex Luthor, James Gunn, Peter Safran, They're, David Corenswet, Ben Affleck, Henry Cavill, Jesse Eisenberg, NME, Luthor, Timothée Chalamet, He's, Gilbert, Oscar, Max, Nicholas Hoult Organizations: Service, DC, Rotten, Justice League, British Vogue Locations: British, Hollywood

☆ This Ramadan, queer and transgender Muslims made their own community
▼ + stars: | 2024-04-17 | by ( Shahamat Uddin | ) www.businessinsider.com time to read: +10 min

Queer and transgender Muslims came together to break their Ramadan fasts. But for queer and transgender Muslims, this practice of ummah, or the connectedness Muslims feel while exercising their faith together, has often made them feel excluded from traditional Ramadan celebrations. Courtesy of Dinean RobinsonThe iftar — which included prayers led by a queer Muslim community member named Shiffa, and joyful drag-queen performances — was just one of many ways queer and transgender Muslims fostered community this Ramadan. Dena Igusti celebrated this Ramadan with fellow queer Muslims, saying it helped them get back in touch with their faith. In New York City, queer Muslims joined in song and dance at the LGBT Community Center's iftar to celebrate their layered identities.

Persons: —, affirmations, I've, Armana Khan, Dinean Robinson, Khan, Islam, Reimagining, they'd, Kahani, Dinean Robinson Sophia Uppal, Uppal, wouldn't, Dena Igusti, Ramie Ahmed, Ramadan, Igusti, Imam Daayiee Abdullah, We're, MASGD, Shiffa, Center's iftar, Yaffa Organizations: Service, LGBT Community, The, New York, LGBT Community Center, BI, Mecca Institute, Muslim Alliance, Sexual, Diversity, Queer, Shia, LGBT Locations: New York, queerness, Queens , New York, New, Hajj, Mecca, Palestinian, New York City

☆ This top investor delivers outperformance with her five-star Morningstar rated bond funds. Here’s how
▼ + stars: | 2024-04-16 | by ( Michelle Fox | ) www.cnbc.com time to read: +6 min

That success can be seen in funds like the Morningstar five-star, gold-rated Baird Aggregate Bond Fund . BAGSX 1Y mountain Baird Aggregate Bond Fund, investor shares Since BAGIX's inception in 2000, it has seen a 4.74% annualized gain through March 31, 2024, according to Baird. The team runs a number of fixed income funds in addition to the Baird Aggregate Bond Fund, including the Morningstar five-star rated Baird Intermediate Bond Fund. The product was one of the top performing actively managed bond funds in 2023, according to Morningstar. With the yield curve still inverted, short-term term Treasury bills are yielding over 5%.

Persons: Baird, Mary Ellen Stanek, Stanek, hasn't, Morningstar, we've Organizations: Baird Advisors, CNBC, Bond Fund, Institutional, SEC, Investor, Bloomberg U.S, First Wisconsin Trust, Treasury, Bond, Morningstar, Pensions, Investments, AAA, MBS

☆ Federal appeals court blocks West Virginia from enforcing anti-trans sports ban against 13-year-old girl
▼ + stars: | 2024-04-16 | by ( Devan Cole | ) edition.cnn.com time to read: +4 min

CNN —A federal appeals court ruled Tuesday that West Virginia cannot enforce its anti-transgender sports ban against a 13-year-old girl, dealing a blow to one of nearly two dozen such laws enacted by GOP-led states in recent years. We hold it cannot,” Circuit Judge Toby Heytens wrote in the decision, which was joined by Judge Pamela Harris. Signed into law by West Virginia Republican Gov. The court’s majority said the law violates Pepper-Jackson’s rights under Title IX, a federal law that prohibits discrimination on the basis of sex at schools that receive federal aid. The federal judge who initially blocked the law in 2021 reversed course last year and sided with state officials.

Persons: Becky Pepper, Jackson, Toby Heytens, Pamela Harris, Jim Justice, Pepper, “, ” Heytens, Steven Agee, Roy Rochlin, Agee, Clarence Thomas, Samuel Alito, Joshua Block, ” Block, Patrick Morrisey, ” Organizations: CNN, GOP, Appeals, ”, Republican, West Virginia Republican Gov, Lambda Legal, Conservative, American Civil Liberties Union, West Virginians, West Virginia Locations: Virginia, New York City, West Virginia

☆ Photos show how Coachella fashion has changed dramatically through the years
▼ + stars: | 2024-04-15 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: 1 min

Over the years, Coachella has become known for its fashion as much as the music. Collage of Coachella outfits. Amy Sussman/Getty ImagesSince its inception in 1999, Coachella has become somewhat of a runway in addition to a music festival. Many festivalgoers take outfit planning very seriously, creating some memorable, daring looks. But it wasn't always this way — take a look at the evolution of Coachella style from 2007 to 2023.

Persons: Amy Sussman Locations: Coachella

☆ What information is the government actually collecting under FISA?
▼ + stars: | 2024-04-11 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +7 min

They scuttled House Speaker Mike Johnson’s plan to extend the FISA Section 702 program with minimal tweaks. It is true that the FBI obtained warrants through FISA to wiretap Carter Page, an adviser to Trump’s first presidential campaign. According to the National Security Agency, 60% of what appears in the Presidential Daily Brief has some data that comes from the 702 program. The 702 program has been updated in the years since its inception, including in 2018, to include new protections to minimize Americans’ communications from being accessed without a warrant. Additionally, these proposals would bar the government from sidestepping warrant requirements by simply buying the data of Americans from so-called data brokers.

Persons: CNN —, Donald Trump, “, Mike Johnson’s, Carter, Trump’s, Trump, Read, Katie Bo Lillis, Johnson, Christopher Wray, ”, Leon Panetta Organizations: CNN, Foreign Intelligence, Trump, FISA, Republicans, FBI, Privacy, Civil, National Security Agency, Center for Justice, New York University, Brennan Center, Intelligence Community, National Intelligence, House, CIA, New Locations: Ukraine, Russia, Moscow, New York City

☆ NASA’s space shuttle program reimagined rocketry. What went wrong?
▼ + stars: | 2024-04-05 | by ( Jackie Wattles | ) edition.cnn.com time to read: +17 min

The CNN Original Series “Space Shuttle Columbia: The Final Flight” uncovers the events that ultimately led to disaster. Deemed an “engineering marvel,” the first of five winged orbiters — the space shuttle Columbia — made its inaugural flight in 1981. Crews aboard the recovery ships Liberty Star and Freedom Star retrieve a reusable right solid rocket booster (below) after a space shuttle mission. Space Shuttle Columbia launched from the Kennedy Space Center in Florida at 10:39 a.m. NASA Space Shuttle Columbia lifts off from the Kennedy Space Center in Florida on January 16, 2003.

Persons: ”, Sean O’Keefe, Casey Dreier, Crews, O’Keefe, Scott Andrews, NASA's, Michael P, Anderson, William C, McCool, Rick D, David M, Brown, Laurel, Ilan Ramon, Kalpana Chawla, Joe Skipper, Karl Ronstrom, Ramon, NASA Chawla, Clark, Chawla, Robert Giroux, Kathryn O'Neill, Zachary, Brett Coomer, Florida Sen, Bill Nelson, Matt Stroshane, Tommy Peltier, Eric Gay, Smiley, Gene Theriot, Sean O'Keefe, George W, Bush, Ron Dittemore, Joe Cavaretta, O'Keefe, Mannie Garcia, NASA Sandy Anderson, Carlos Noriega, Michael L, Coats, Evelyn Husband, Thomas, John Raoux, Glenn Benson, Kim Shiflett, Rodney Rocha, Columbia’s, Rick Husband, “ Roger, Sen, Mark Kelly, “, ” Kelly Organizations: CNN, Shuttle Columbia, Sunday, NASA, Columbia, America’s, Planetary Society, European Space Agency, Space, International Space, Hubble, Liberty Star, NASA’s Ames Research Center, Space Shuttle Columbia, Kennedy Space Center, Reuters Space Shuttle Columbia, Scott Andrews People, Control Center, Getty, NASA Space, Israeli Air Force, Space Shuttle, Red Team, Blue Team, Johnson Space Center, Former, Houston, Houston Chronicle, People, US Navy Corps, Columbia Reconstruction, NASA Workers, Astronauts Memorial Foundation, Reuters, Bannock, Bannock Junior, Senior, Bannock High School, Johnson Space, Challenger, Shuttle, East Texas Locations: Columbia, America’s Soviet, Florida, Houston, Israel, SPACEHAB, New York, Laguna Hills , California, Texas, San Augustine , Texas, Washington ,, Shoshone, Fort Hall , Idaho, New Mexico, East

☆ Disney reveals more on huge Magic Kingdom expansion, one part of a $60 billion investment
▼ + stars: | 2024-04-04 | by ( Natasha Chen | ) edition.cnn.com time to read: +9 min

Glendale, California CNN —Big Thunder Mountain Railroad, the “wildest ride in the wilderness,” sits at one edge of Disney World’s Magic Kingdom park, the most visited theme park in the world. “It’s probably the largest expansion ever at Magic Kingdom,” Michael Hundgen, Walt Disney World site portfolio executive, said Tuesday during a rare media event previewing new Disney attraction designs and technology at its Walt Disney Imagineering facility in California. Disney’s 10-year investment planThe Magic Kingdom expansion is one part of a $60 billion investment Disney has said it’s planning for its parks, cruises and experiences over the next decade. But any plans for expanding the theme park footprint at the Disneyland resort would need Anaheim city approval because of zoning issues. This is really a wild experience.”Charita Carter, executive creative producer at Walt Disney Imagineering, worked on the project from its inception about four years ago.

Persons: “ It’s, ” Michael Hundgen, Walt, Walt Disney, Bob Iger, Josh D'Amaro, Iger, “ it’s, Disney, ” Iger, ”, Mike Pucher, Walt Disney Imagineering Iger, Imagineers, Darth Vader, Imagineer Lanny Smoot, ” Smoot, Smoot, Christian Thompson, Stella Reese Chase, Leah Chase, Chase, “ I’m, I’ve, ” Charita Carter, Walt Disney Imagineering, Carter, “ Organizations: California CNN, Railroad, Disney, Magic Kingdom, Walt Disney, Walt, CNN, Universal Orlando Resort, Universal, Comcast, Anaheim City Council, National Inventors Hall of Fame, Research, Walt Disney Imagineering Research, Disneyland’s Locations: Glendale, California, ”, Central Florida, Disney’s Florida, Florida, Anaheim, New Orleans

☆ These are Piper Sandler's favorite stocks for the second quarter
▼ + stars: | 2024-04-03 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

As a cloak of unease shrouds the market, it might be time for investors to consider turning to quality stocks, according to Piper Sandler. Piper Sandler also identified United Airlines as a quality stock to buy. The airline carrier stock moved to a ranking of 2 in the current quarter, from its previous ranking of 4. Microsoft is another quality name that could win big, Piper Sandler said. Microsoft stock rose on Monday after a report from The Information said that the company was planning a $100 billion data center project with OpenAI .

Persons: Piper Sandler, Piper Sandler's, CNBC's Michael Bloom Organizations: Piper, Communications, Verizon, Airlines, Boeing, United Airlines, Reuters, U.S . Federal Aviation Administration, Microsoft, Jefferies

☆ Read Ken Griffin's letter to Citadel investors. He gives his 2024 outlook and talks about building a 'formidable team.'
▼ + stars: | 2024-04-01 | by ( Hayley Cuccinello | Bradley Saacks | ) www.businessinsider.com time to read: +9 min

Griffin noted that 2023 was a difficult year for the hedge fund industry and expected the medium-term to "remain challenging." Citadel and Griffin's market maker, Citadel Securities, received over 100,000 applications for full-time jobs and internships this year, Griffin said. "We take pride in having built one of the most formidable teams in hedge fund history," he said. The remarkable achievements of our portfolio managers are a testament to the constructive and empowering culture at Citadel. Assembling the Premier Team in Hedge Fund HistoryWe take pride in having built one of the most formidable teams in hedge fund history.

Persons: Griffin, Kenneth C Organizations: Business, Disney World, Citadel, Citadel Securities, Citadel Wellington LLC, Team, Congressional, U.S, LCH Investments Locations: United States

☆ Citigroup stock market sentiment model reaches euphoria levels, which typically foretells a decline
▼ + stars: | 2024-04-01 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

In fact, a stock market sentiment model from the firm called the Levkovich Index has now reached euphoria levels, which typically heralds a fall in equities, the firm's U.S. equity strategist Scott Chronert wrote in a Thursday note. On a median basis, that gauge suggests equities could decline 8.9% over the next 12 months, a drop that would put the S & P 500 around 4,780. The broad market index was last above the 5,200 level, having already breached Chronert's 5,100 year-end target. .SPX YTD mountain S & P 500 Chronert is not the only one concerned about a stock market pullback from current levels. Last week, the S & P 500 information technology sector was down 1.26%.

Persons: Scott Chronert, Chronert, CNBC's, turing, BTIG's Jonathan Krinsky, Krinsky, Citigroup's Chronert Organizations: Citigroup, NYSE

☆ Why Goldman Sachs is helping its clients launch ETFs
▼ + stars: | 2024-04-01 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +3 min

Investor demand for exchange-traded funds is not slowing down, and firms without ETF offerings may risk losing business, according to one Goldman Sachs expert. "Any number of our clients would tell you, the opportunity cost of not [offering ETF products] is greater," he recently told CNBC's "ETF Edge." To help clients through the process of launching their own ETF products, Goldman Sachs created its ETF Accelerator, a digital platform that helps clients launch, list and manage their own ETF products. The idea was it made it easier to launch an ETF, but it didn't make it easy," Sachs said. It can still take years to build the expertise, headcount and risk management framework necessary to launch an ETF, said Sachs.

Persons: Goldman Sachs, Steve Sachs, Sachs, Brandes Organizations: Eagle, Equity, Quality, Brandes Investment Partners, Value, International, Eagle Capital

☆ 38 best stocks to buy for the strongest gains over the next year, according to Deutsche Bank
▼ + stars: | 2024-03-31 | by ( Laila Maidan | ) www.businessinsider.com time to read: +1 min

Deutsche Bank's Fresh Money List has beaten the S&P 500 since its inception. It includes favored names from the bank's leading analysts across various sectors. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementIf you're wary of following the crowd and think the S&P 500 is too expensive but aren't sure where to look next for gains, consider Deutsche Bank's Fresh Money List. It's a basket of the top stocks that the bank's leading analysts predict will outperform the market over the coming 12 months.

Persons: — Organizations: Service, Deutsche, Business

☆ Crypto investors are bracing for a busy quarter with the Bitcoin halving, ether ETF updates and potential rate cuts
▼ + stars: | 2024-03-30 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +6 min

The most important driver in second quarter for bitcoin and crypto, however, could be the Federal Reserve decision on interest rate cuts. Traders are now pricing in a roughly 61% chance of a first Fed rate cut taking place in June, according to the CME FedWatch Tool . Demand has increased from 40,000 bitcoin at the start of the year to 213,000 bitcoin currently, largely driven by ETF buying ahead of the late April Bitcoin halving, according to CryptoQuant. However, the SEC's decision on whether or not to allow spot ether ETFs to trade, due in May, will "very likely" be market moving, he added. "If it's not priced in today, then it very likely will be a market moving event if it happens," he said.

Persons: Bitcoin, Zach Pandl, Pandl, –, bitcoin, Julio Moreno, Chris Kuiper, — CNBC's Ganesh Rao Organizations: Securities and Exchange Commission, Federal, Metrics, Fidelity Digital Assets, CNBC, Fidelity, SEC Locations: U.S, BlackRock

☆ Why Ireland is the most pro-Palestinian nation in Europe
▼ + stars: | 2024-03-29 | by ( Eoin Mcsweeney | Niamh Kennedy | ) edition.cnn.com time to read: +15 min

“But like Palestine, (Ireland) had direct and sustained experience of imperialism,” she said. Mousa Salem/Anadolu Agency/Getty Images Palestinians transport bags of flour on the back of trucks as humanitarian aid arrives in Gaza City on March 6. Omar Qattaa/Anadolu Agency/Getty Images Palestinians wait to receive food at a refugee camp in Rafah on January 27. AFP/Getty Images Palestinian boy Ahmed Qannan, suffering from malnutrition, receives treatment at a health-care center in Rafah on March 4. Yasser Qudih/Anadolu Agency/Getty Images People in a crowd struggle to buy bread from a bakery in Rafah on February 18.

Persons: Benjamin Netanyahu’s, Micheál Martin, Israel, “, Zoë Lawlor, ”, Jane Ohlmeyer, Leo Varadkar, ” Varadkar, Abdalmajid, Volker Turk, Ohlmeyer, Clodagh Kilcoyne, Ronald Storrs, Seán Gannon, Simon Harris, ” Israel, Amihai Eliyahu, Netanyahu, Dana Erlich, Emily Hand, Varadkar’s, Eli Cohen, Varadkar, Sinn Féin, Mary Lou McDonald, ” Matt Carthy, Sinn, ” Lawlor, Loay, Fadi, Kamal Adwan, Omar Qattaa, Saher, Ahmed Qannan, Mohammed Salem, Said Khatib, Dawoud Abo, Jehad, crouches, Abed Zagout, Yazan, Rabie Abu Noqaira, Mohammed Abed, Alexi J . Rosenfeld, Yasser Qudih, Fatima Shbair, Lawlor, Carthy Organizations: CNN —, Israel, International Court of Justice, Irish, Irish Palestine Solidarity, Trinity College Dublin, Ireland, “, CNN, Irish Free State, Republic of Ireland, Hamas, United Nations, Jewish, Republican Irish, European Union, West Bank, Newstalk, Irish Palestine Solidarity Campaign, Washington Post, Kamal, Anadolu Agency, Getty, AFP, UN, Reuters, US Air Force, UPI, Dawoud Abo Alkas, Amnesty, Irish Times, State Locations: CNN — Ireland, Ireland, Gaza, Israel, Gaza “, South Africa, Irish Palestine, Palestinian, Irish, Palestine, London, St, dispossession, Ulster, United Kingdom, Northern Ireland, Republic of, Dublin, Jerusalem, Jewish Ulster, Republic of Ireland, Ireland Ireland, Limerick, Rafah, Mousa Salem, Gaza City, AFP, Jordanian, Februrary

☆ This winning sector could see even more upside once the Fed starts cutting rates, according to State Street
▼ + stars: | 2024-03-29 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Homebuilding stocks have reached new highs this year, and State Street's Matthew Bartolini sees more upside in store when the Federal Reserve begins cutting rates. "The thesis just comes down to economic resilience that is fueled by a strong labor market and a healthy consumer," said the managing director and head of SPDR Americas research. XHB YTD mountain Homebuilding ETF has surged more than 15% this year. The SPDR S & P Homebuilders ETF (XHB) has rallied nearly 17% year to date and about 70% over the past year. Homebuilding stocks have also benefited from a resilient economy that is led by a healthy labor market, and they stand to gain even more in a Federal Reserve rate-cutting cycle.

Persons: Matthew Bartolini, Bartolini Organizations: State, Federal Reserve, SPDR, Sonoma, Products, Carlisle Companies, Builders, Fed Locations: SPDR Americas, Williams

☆ Top ad guru Martin Sorrell downplays chances of Trump's Truth Social capturing serious market share
▼ + stars: | 2024-03-28 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

Advertising guru Martin Sorrell has questioned the prospects of Donald Trump's newly public Truth Social platform, saying it was currently "unfathomable" that clients would want to buy ads on the site. Sorrell, founder and executive chairman of digital marketing firm S4 Capital, said when asked if clients were likely to advertise. Trump Media & Technology Group (TMTG), the company behind Truth Social, went public Tuesday after merging with shell company Digital World Acquisition in a deal known as a special purpose acquisition (SPAC). A spokesperson for TMTG firmly dismissed claims that the share price move defied logic when contacted by CNBC. Truth Social lost $10.6 million in the first nine months of 2023 on revenues of $3.4 million.

Persons: Martin Sorrell, Donald Trump's, Sorrell, ", TMTG, Semafor, Trump Organizations: CNBC, Trump Media & Technology, Truth, Associated Press, WPP, Twitter Locations: British, U.S

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