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☆ BTIG upgrades this running shoe manufacturer, sees more than 20% upside
▼ + stars: | 2024-11-13 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

On Holding's momentum shows no signs of slowing, according to investment firm BTIG. Analyst Janine Stichter upgraded the running shoemaker to buy from neutral and set her price target at $64, which implies 21.6% upside from Tuesday's close. "Wholesale sell-through remains strong, and our checks at run specialty suggest continued share gains, which we see ultimately flowing back to [direct-to-consumer]." Stichter's call joins 18 other strong buy or buy ratings among analysts on the Street covering the name, while the remaining four have taken a neutral stance, per LSEG. Its average target of $52.93 also reflects marginal upside ahead.

Persons: Janine Stichter, Stichter Organizations: Wall Locations: Swiss

☆ Scientists warn that a key Atlantic current could collapse, among other climate tipping points
▼ + stars: | 2024-11-12 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. | ) www.nbcnews.com time to read: +6 min

Among other findings, it warns that several key climate tipping points appear more likely to be reached than previously thought. Ice loss from the Thwaites Glacier, also known as the “Doomsday” glacier because its collapse could precipitate rapid Antarctic ice loss, may be unstoppable. These are just a few of the stark findings from more than 50 leading snow and ice scientists, which are detailed in a new report from the International Cryosphere Climate Initiative. The report highlights a shift in consensus: Scientists once thought tipping points — like the collapse of AMOC — were distant or remote possibilities. Even if they were on track, those commitments are insufficient to reach global climate goals, the authors say.

Persons: it’s, ”, Helen Findlay, “, AMOC, Julie Brigham, We’ve, Sean Gallup, ” Findlay, Mukhtar Babayev, Donald Trump, Trump, Joe Biden, Peter Neff, there’s, ” Neff Organizations: Initiative, Southern Hemisphere, Plymouth Marine Laboratory, Copernicus, ESA, United Nations, University of Massachusetts Amherst, Getty, ”, University of Minnesota Locations: Venezuela, Atlantic, Europe, England, Iceland, Alaska, Asia, Baku, Azerbaijan, Paris, Ilulissat, Greenland, U.S

Now, Jannik Sinner and Carlos Alcaraz are fast becoming household names and the next generation-defining rivalry. However, Sinner and Alcaraz – ranked No. Due to their rapid success, it is easy to forget that Sinner is only 23 and Alcaraz just 21. Sinner hits a shot in the semifinals of the US Open, a tournament he went on to win. Time will tell if Sinner can put that ice-cold instinct to good use at the ATP Finals and win the tournament for the first time.

Persons: Ivan Lendl, John McEnroe, Jimmy Connors, Andre Agassi, Pete Sampras dueled, Roger Federer, Rafael Nadal, Novak Djokovic, Carlos Alcaraz, Federer, Alcaraz –, Roland Garros, Alcaraz, Italy –, Nadal, ” Alcaraz, ”, Andy, Murray, Sinner, Frey, JC Ferrero, Juan Carlos Ferrero, “, ‘ Oh, he’s, Sean M, it’s, Angela Weiss, Manchester City’s Erling Haaland, Kylian, Alex de Minaur, Taylor Fritz, Casper Ruud, Andrey Rublev Organizations: CNN, tennis, Australian, Wimbledon, ATP, CNN Sport, ATP Tour, JC, JC Ferrero Challenger, Getty, AC Milan, Manchester Locations: Turin, Italy, Flushing Meadows, China, Beijing, Shanghai, Real Madrid

☆ Diddy wins third-chance hearing to argue for bail in sex-trafficking case
▼ + stars: | 2024-11-12 | by ( Laura Italiano | ) www.businessinsider.com time to read: +3 min

Sean "Diddy" Combs has won a third chance to argue for bail in his federal sex-trafficking case. Combs has been held without bail in Brooklyn since his September arrest. AdvertisementLawyers for Sean "Diddy" Combs on Tuesday won a third chance to argue that he should be released from jail pending his May 5 trial date on federal sex-trafficking charges. US District Judge Arun Subramanian set 2 p.m. on November 22 for a bail hearing. Combs' side gets to reply to that response by Wednesday, November 20, two days before the hearing.

Persons: Sean, Diddy, Combs, He's, —, Arun Subramanian, Subramanian, Andrew L, Carter , Jr Organizations: Service, Tuesday, Miami Locations: Brooklyn, Miami, New York

Sean "Diddy" Combs' private aircraft appears to be available to charter. The Gulfstream G550, known as LoveAir, is also listed for sale, Combs' attorneys said. AdvertisementSean "Diddy" Combs' luxe private jet is seemingly available to charter while the disgraced music mogul sits in jail. The Gulfstream G550, known as LoveAir, appears to be available to rent through Silver Air, a private jet charter company based in Southern California. An aircraft of the same model and tail number is listed on the private jet marketplace Victor, with Silver Air noted as the operator.

Persons: Sean, Diddy, Combs, —, Victor Organizations: Gulfstream G550, Service, luxe, Silver Air, Southern California . Federal Aviation Administration, LoveAir LLC, Victor, Silver, Liberty Jet, Diageo, Star Locations: Brooklyn, Southern California, Polynesia, New Zealand, San Francisco , Los Angeles, Baja, Mexico, Los Angeles

☆ Strategist: A 10-year treasury sell-off will do 'most damage' to stock markets
▼ + stars: | 2024-11-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStrategist: A 10-year treasury sell-off will do 'most damage' to stock marketsSean Darby of Mizuho Securities says the strong disinflation story in the U.S., led by Chinese imports and falling crude oil prices, will be threatened by Trump's proposed tariffs. He says higher inflation expectations would lead to a rise in U.S. bond yields.

Persons: Sean Darby Organizations: Mizuho Securities Locations: U.S

They’ve pressed forward even though a majority of Americans still see the Capitol rioters as responsible for an attack against democracy, according to the most recent polling. The most pressing concerns are for convicted rioters required to report to prison before Trump’s inauguration in January, and for rioters with sentencing hearings coming up, according to a source familiar with the discussions. “They’re thrilled with the election, but there’s a lot of uncertainty from their perspective,” the source told CNN. For convicted rioters already serving prison sentences, there’s even less hope to get them out based on Trump’s campaign rhetoric, the source said. She later told CNN that her strategy guide has already been sent to Trump and the Republican National Committee.

Persons: Trump, Micki Witthoeft, Ashli Babbitt, Donald Trump, They’ve, MAGA, “ We’re, hasn’t, ”, John Pierce, “, “ He’s, Jeffrey Crouch, insurrectionists, ‘, ” Zachary Alam, Joseph McBride, ” McBride, Savannah Huntington, Rachel Powell, Powell, she’s, “ They’re, they’re, Suzzanne Monk, Monk, ” Monk, Charlie Kirk, Glenn Beck, Kirk, It’s, can’t, Crouch, Jimmy Carter, Joe Biden, ” Crouch, Trump’s, Clinton, Bush, Tom Cotton, Markwayne Mullin, ” Marcus Childress, don’t, it’s, Aquilino Gonell, Biden, Kamala Harris, Harry Dunn, Sean R, Clark, Emily R, Condon Organizations: Washington CNN, Air Force, Capitol, GOP, “, Trump, American University, CNN, Trump –, DC, Defense, Justice Department, American Patriot Relief, American, J6, Republican National Committee, Glenn Beck Program, FBI, Trump Republicans, Former US Capitol Police, US Capitol Police Locations: Savannah, West Virginia, DC, pardoning, Vietnam

A former body guard for Sean Combs has filed a defamation lawsuit against a woman who in September accused him of physically and sexually assaulting her in 2001. Joseph Sherman called the allegations in Thalia Graves’ lawsuit “utterly and entirely false,” in documents filed Thursday in federal court in Manhattan. She said Sherman had lifted her up from a couch, slammed her down on a table and Combs then raped her, according to her court filing. Sherman also slapped her multiple times and forced her to perform oral sex on him, Graves’ lawsuit said. Combs’ attorneys have vehemently denied the charges in the indictment and allegations in all of the other suits.

Persons: Sean Combs, Joseph Sherman, Thalia Graves, Graves, Gloria Allred, Combs, Sherman, Darnell Crosland, ”, aren’t, “, ” Sherman, hadn’t, Casandra Ventura, Cassie, Ventura Organizations: Bad Boy, NBC News Locations: Manhattan, Brooklyn

☆ Trump taps former Rep. Lee Zeldin to lead the Environmental Protection Agency
▼ + stars: | 2024-11-11 | by ( Zoë Richards | Zoë Richards Is A Politics Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

President-elect Donald Trump on Monday selected former Rep. Lee Zeldin of New York to oversee the Environmental Protection Agency in his administration. In a statement announcing the appointment, Trump described the former four-term House Republican from Long Island as "a true fighter for America First policies." We will do so while protecting access to clean air and water," Zeldin said in a statement on X. The New York Post first reported Zeldin's appointment — Trump's second Cabinet pick for his second term in office. Zeldin was heralded by Republicans for an unexpectedly close race for New York governor in 2022, when he lost to Democrat Kathy Hochul 53.1% to 46.7%.

Persons: Donald Trump, Lee Zeldin, Trump, Zeldin, Trump’s, — Trump's, Susie Wiles, Tom Homan, Joe Biden, Kathy Hochul, Sean Patrick Maloney Organizations: Environmental Protection Agency, Republican, America, Trump’s Cabinet, New York Post, White, Republicans, New York, Democratic Congressional Locations: New York, Long, United States, Paris

☆ CNBC Daily Open: Trump kicked off the market rally, but he could also halt it
▼ + stars: | 2024-11-11 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Andrew Kelly | ReutersThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineWhen the numbers are this good, you've got to start with them. "Equities are eager to price in Trump's domestic growth policies," Barclays strategist Venu Krishna said in a note to clients. While the Trump rally has gotten off to a roaring good start, it remains to be seen when — and more importantly, how — it'll end.

Persons: Republican Donald Trump, Andrew Kelly, you've, Russell, Venu Krishna, Mislav Matejka, Neel Kashkari, Kashkari, — CNBC's Sean Conlon, Yun Li, Jesse Pound, Hakyung Kim Organizations: Republican, U.S, New York Stock Exchange, Reuters, CNBC, Dow Jones, Nasdaq, Trump, Barclays, JPMorgan, Minneapolis Locations: New York City, U.S

☆ CNBC Daily Open: Trump supercharged the markets, but his policies could make the rally sputter out
▼ + stars: | 2024-11-11 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Timothy A. Clary | Afp | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineWhen the numbers are this good, you've got to start with them. "Equities are eager to price in Trump's domestic growth policies," Barclays strategist Venu Krishna said in a note to clients. While the Trump rally has gotten off to a roaring good start, it remains to be seen when — and more importantly, how — it'll end.

Persons: Walter Lundon, Donald Trump, Timothy A, Clary, you've, Russell, Venu Krishna, Mislav Matejka, Neel Kashkari, Kashkari, — CNBC's Sean Conlon, Yun Li, Jesse Pound, Hakyung Kim Organizations: New York Stock Exchange, Getty, CNBC, Dow Jones, Nasdaq, Trump, Barclays, JPMorgan, Minneapolis Locations: New York City

☆ John Robinson, legendary USC and LA Rams coach, dies at 89
▼ + stars: | 2024-11-11 | by ( Bruce Feldman | ) www.nytimes.com time to read: +7 min

He let his coaches coach.”“It was all coaching,” Robinson told The Athletic in 2020. He became the Ducks’ offensive coordinator in 1960, after graduating, before taking the same job at USC under legendary USC coach John McKay in 1972. When McKay left USC to coach the NFL expansion team Tampa Bay Buccaneers in 1976, Robinson succeeded him. Advertisement“That was a great team,” Hall of Fame safety Ronnie Lott told The Athletic in 2020. “Coach Robinson would say we could go play the Rams any day and we’ll kick their butt.

Persons: John Robinson, Robinson, John Madden’s, —, ”, Paul McDonald, ” John Robinson, tPvQVFBcIO —, Anthony Munoz, Ronnie Lott, Marcus Allen, Bruce Matthews, Dennis Smith, Joey Browner, Chip Banks, Don Mosebar, Roy Foster, Hoby Brenner, Charles White, Keith Van Horne, Jeff Fisher, Riki Ellison, Ed Reed, Andre Johnson, Clinton Portis, Allen, White, “ John Robinson, Van Horne, “, ” Robinson, Hudson Houck, we’re, ” Norv Turner, John McKay, McKay, they’d, would’ve, Sean McVay, “ He’s, McDonald, Richard Mackson Organizations: NFL, USC, tPvQVFBcIO — USC Football, Alabama, resoundingly, Pro Football Hall of Famers, Trojans, NFL Pro, Chicago Bears, San Francisco 49ers, Miami Hurricanes, Athletic, LA Rams, Rose Bowl, Ducks, Madden’s Oakland Raiders, Tampa Bay Buccaneers, Rose, Stanford, ”, of Fame, “, Rams, NFC, UNLV, Rebels, LSU, Tigers, Getty Locations: Daly City, Calif, Baton Rouge , Louisiana, Birmingham, Oregon, Baton Rouge, La

☆ 4 red flags to look out for when choosing a financial advisor—and one green flag
▼ + stars: | 2024-11-11 | by ( Judy Lagrou | In Judylagrou | ) www.cnbc.com time to read: +5 min

Here are four red flags to look for when choosing a financial professional, plus one green flag that an advisor could be a good fit, according to certified financial planners and advisors from across the U.S.Red flag No. 1: The financial advisor does most of the talkingIf a potential financial planner is doing most of the talking without letting you get a word in edgewise, it's a bad sign. Financial advisors who are also registered as investment advisors will have a public disclosure record with the SEC as well. In addition, you will also want to make sure that your financial advisor is certified in the way they claim. 4: You don't trust themOne red flag can't be found on a list or spreadsheet: lack of trust.

Persons: Carla Adams, Adams, Sean Williams, they've, Marisa Rothstein, Rothstein, Ashton Lawrence Organizations: U.S ., Ametrine, Cadence Wealth Partners, Industry, Authority, SEC, Siena Private, Mariner Wealth Advisors Locations: U.S, Michigan, North Carolina, Avon , Connecticut, South Carolina

☆ These 'Trump trades' are on a roll and analysts see more gains ahead
▼ + stars: | 2024-11-10 | by ( Sean Conlon | ) www.cnbc.com time to read: +5 min

Since Trump's win, the market has already seen some major gains. Those sectors in particular had several winners in the rally following Trump's 2016 win , and analysts believe gains may likewise be in store this time around – especially for energy. Defense stocks could also see some gains, according to Barclays analyst David Strauss. That would be above the 14.2% rally the stock saw after Trump's first win from Nov. 7, 2016, until year's end. Among the 15 analysts covering it, 11 have a hold rating, while only two have a strong buy or buy rating.

Persons: Donald Trump's, Wells, Roger Read, David Strauss, Trump, Chris Caso, Trump's, Huntington Ingalls, it's Organizations: Dow Jones Industrial, Energy, Trump, Defense, Barclays, Semiconductor, Wolfe Research, CNBC Pro, ConocoPhillips Locations: industrials, China, Texas

☆ 'Animal spirits': 7 market strategists share how to ride the red wave as US stocks surge to new records
▼ + stars: | 2024-11-10 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

Here are eight top places to invest, based on insights from seven market strategists. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . A robust, multi-year bull market rally for US stocks reached another gear after the businessman-turned-politician won the presidential election. Traders are convinced that the bulk of Trump's economic policies, which include tax cuts and fewer government regulations, will create a business-friendly backdrop that drives stocks higher. AdvertisementThe world is awash with cash, making scarce assets like gold and bitcoin more valuable, and Thorne also noted that global economic growth is slowing.

Persons: Donald Trump's, —, Donald Trump, David Bahnsen, Kamala Harris, Jeff Schulze, John Maynard Keynes, Anthony Saglimbene, Keynes, Schulze, Saglimbene, Jim Baird, Plante, Sébastien, Rowe Price, Page, Sean Gallagher, Gallagher, Ameriprise, Bahnsen, Jim Thorne, who's, Thorne, Trump Organizations: Investors, Service, Business, Street Global Advisors, ClearBridge Investments, Trump, Financial, Tech, Federal Trade Commission Locations: Trump's, ClearBridge, Canada, Wellington, Altus

☆ Kansas City Chiefs block potential game-winning field goal, defeat Denver Broncos to stay unbeaten
▼ + stars: | 2024-11-10 | by ( Homero De La Fuente | ) edition.cnn.com time to read: +5 min

CNN —The Kansas City Chiefs pulled off another unlikely victory on Sunday, blocking a 35-yard field goal attempt by Denver Broncos kicker Wil Lutz as time expired, to win 16-14 and improve to an undefeated 9-0 record this season. However, the Chiefs’ defense came up clutch when the team needed it the most, as Leo Chenal, among a bevy of Kansas City defenders, broke through to get an arm on the ball for the game-sealing block. It will stingDenver Broncos quarterback Bo Nix looks to pass in the second quarter of a game against the Kansas City Chiefs at Arrowhead Stadium on November 10, 2024 in Kansas City, Missouri. The following week, despite a three turnover game, Kansas City was locked in a high-scoring affair against the Cincinnati Bengals. Kansas City will next travel to Buffalo to play against a Bills team that is 8-2 on the season for a battle between AFC heavyweights on November 17.

Persons: Wil Lutz, Patrick Mahomes, Harrison, Bo Nix, Leo Chenal, Leo, ” Mahomes, Chenal, ” Chenal, “, Travis Kelce, Denny Medley, Hall, Famer Tony Gonzalez, Taylor Swift, Mahomes, Sean Payton, Jamie Squire, Lamar Jackson, Isaiah Likely, Butker, Baker, Ryan Miller, Kareem Hunt Organizations: CNN, Kansas City Chiefs, Denver Broncos, Chiefs, Las Vegas Raiders, NFL, Green Bay Packers, Kansas City, ” Kansas City Chiefs, Arrowhead, Sports, Reuters, Famer, ” Broncos, Baltimore Ravens, AFC, Ravens, Cincinnati Bengals, Super Bowl, Tampa Bay Buccaneers, Bills Locations: Kansas, ”, Kansas City , Missouri, Reuters Kansas, Tampa, Buffalo

“We take this type of targeting very seriously.”The FBI said it “is aware of the offensive and racist text messages sent to individuals around the country and is in contact with the Justice Department and other federal authorities on the matter,” according to a statement Thursday. At least some appear to have been sent through TextNow in what the company believes “is a widespread, coordinated attack,” it told CNN on Friday. Texts addressed recipients by nameScreenshots of the texts shared with CNN and appearing on social media show the racist messages addressed the recipients by name. Montgomery County Public Schools in Maryland said in a statement Thursday that some of its students received the racist texts. CNN affiliates have also reported instances of students receiving the racist texts in South Carolina, Massachusetts, Connecticut and Pennsylvania, among other states.

Persons: Derrick Johnson, ” Donald Trump’s, Karoline Leavitt, Orangeburg , South Carolina –, Jessica Rosenworcel, ”, “, Liz Murrill, ” Murrill, Murrill, Cori Faklaris, ” Faklaris, Letitia James, ” Kenneth Gray, Alysa, Arleta McCall, ” McCall, Nimrod, ” Megan Shafer, ‘, ’, Jackie Bradley, WISN, ” Bradley, Bradley, you’re, ” Talaya Jones, Talaya Jones, ” Jones, —, Jim Crow, Johnson, Jones, Tasha Dunham, WCVB, wasn’t, ” Dunham Organizations: CNN, Federal, District of Columbia, NAACP, stoke, Black Colleges, Universities, Hampton University, Fisk University, Claflin University, Federal Communications Commission’s, FBI, Justice Department, & Safety, General’s, Louisiana Bureau, Investigation, University of North, Associated Press, New York, University of New, Montgomery County Public Schools, ”, University of Alabama, Missouri State University, Missouri NAACP, Lower, Lower Merion School District, Milwaukee, WISN Locations: New York, California, Hampton , Virginia, Nashville , Tennessee, Orangeburg , South Carolina, TextNow, Louisiana, Poland, Napoleonville , Louisiana, Washington , DC, Virginia , New Jersey , Illinois, Maryland, University of North Carolina, Charlotte, University of New Haven, Montgomery County, Missouri, South Carolina , Massachusetts , Connecticut, Pennsylvania, Lower Merion, Montgomery County , Pennsylvania, Piscataway , New Jersey, United States, Lodi , California, North Carolina

☆ Healthcare investors are torn on Trump's second term
▼ + stars: | 2024-11-09 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +11 min

While many tech VCs are optimistic about Trump's second term, some healthcare investors feel stuck. AdvertisementThe lower corporate taxes and deregulation a second Trump term could promise are already amplifying public market optimism. She could be removed as the FTC's head early in Trump's second term — and with relaxed M&A regulations, "anything is possible," said What If Ventures founder Stephen Hays. SOPA Images/Contributor/Getty ImagesMedicaid could also be targeted in Trump's second term. A boon for healthcare AI and Medicare AdvantageTrump's victory could have a positive impact on several big areas of healthcare investment.

Persons: —, Donald Trump's, Trump, He's, he'll, Robert F, Kennedy Jr, Trump's, Michael Greeley, Rebecca Noble, Tesla, JP Morgan Chase, Maven, Omada, Sean Duffy, Lina Khan, Stephen Hays, James Leynse, VCs, Carli Sapir, Jordan Nof, Greeley, Shiv Rao, Kennedy Jr's, Chrissy Farr, Phelps, Phillips, Farr Organizations: Trump, Service, Food and Drug Administration, Centers for Disease Control, Biden, Flare Capital Partners, Getty, Healthcare, Health, Cigna, Humana . Bloomberg, Federal Trade Commission, Investors, Business, Amboy Street Ventures, Tusk Venture, Senate, Affordable, Coalition for Health, Mayo Clinic, Johns Hopkins, Microsoft, Alignment Healthcare, Scrub Locations: Trump's Florida, Tuesday's, Trump's, Boston, America

☆ LGBTQ candidates saw big election wins, with several historic victories
▼ + stars: | 2024-11-08 | by ( Sarah Prager | Sarah Prager Is A Writer Who Lives In Central Massachusetts With Her Wife | Their Two Children. Her Books Include | ) www.nbcnews.com time to read: +5 min

At least 1,017 out LGBTQ candidates ran for election this year, a 1.1% increase compared with 2020, according to the LGBTQ+ Victory Fund, a political organization that tracks and supports LGBTQ candidates for elected office. The LGBTQ+ Victory Fund endorsed and tracked 477 of the LGBTQ candidates who made it to the general election. As of Friday afternoon, about three-quarters of those races had been called, with LGBTQ candidates having a success rate of approximately 80%. LGBTQ candidates won elections to at least 37 state legislatures this year, according to the LGBTQ+ Victory Fund, and several were historic firsts. “Having LGBTQ+ candidates in the halls of power will be paramount in helping to protect and uphold pro-equality values,” Meloy said.

Persons: ” Sean Meloy, Delaware’s Sarah McBride, Julie Johnson, Emily Randall, Tammy Baldwin, Kyrsten, Laphonza Butler, Kim Coco Iwamoto, Aime Wichtendahl, Wick Thomas, Iwamoto, Thomas, Rashaun Kemp, Amaad Rivera, Wagner, Molly Cook, Donald Trump, Baldwin’s, Eric Hovde, Baldwin, Maria Brisbane, “, ” Meloy, ” Organizations: D.C, U.S . House, U.S . Senate, NBC News, “, South, Latina, Senate, Texas Senate’s, Baldwin’s Republican, AdImpact, Victory, Gallup, Republican Locations: Nebraska, Puerto Rico, Washington, U.S, Texas, Wisconsin, Arizona, California, Hawaii , Iowa, Missouri, Georgia

☆ Stocks making the biggest moves midday: Tesla, Airbnb, Toast, Pinterest and more
▼ + stars: | 2024-11-08 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Pinterest — Shares of the image-sharing platform pulled back 16% after the company issued a lower-than-expected revenue outlook for the current quarter. Block — The Cash App parent company slumped more than 4.5% after its third-quarter revenue of $5.98 billion missed expectations. Toast — The restaurant management company climbed 13% after it forecast adjusted EBITDA of between $90 million and $100 million for the current quarter. Analysts expected a loss of 30 cents per share on $198 million in revenue, according to LSEG. That said, Lucid's net loss widened in the period, posting $992.5 million versus $630.9 million in the year-ago period.

Persons: Donald Trump, Elon, Airbnb, DraftKings, LSEG, Monster, FactSet, Goldman Sachs, — CNBC's Hakyung Kim, Alex Harring, Sean Conlon Organizations: Trump Media & Technology, Arista Networks, Arista, Capri Holdings, Beverage, Barclays

☆ Stocks making the biggest moves premarket: Pinterest, Monster Beverage, Bath & Body Works, Trump Media & more
▼ + stars: | 2024-11-08 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Trump Media & Technology Group — Shares of President-elect Donald Trump's media company fell another 4.6% in premarket trading following a 23% plunge in the previous session. The company saw $162 million in revenue, topping the consensus expectation for $150 million. Analysts polled by FactSet penciled in 43 cents in earnings per share and $1.91 billion in revenue. Affirm lost an adjusted 31 cents per share, narrower than the consensus forecast of 35 cents, according to LSEG. Bath & Body Works — The fragrance retailer slid 2.7% in the wake of a Barclays downgrade to underweight from equal weight.

Persons: Donald Trump's, platform's, DraftKings, Sweetgreen, LSEG, Toast, StreetAccount penciling, Versace, Michael Kors, FactSet, BioNTech, Goldman Sachs, Goldman, — CNBC's Sean Conlon, Yun Li, Pia Singh, Samantha Subin Organizations: Trump Media & Technology, LSEG, Arista Networks, Arista, Capri Holdings, Capri, Beverage, Revenue, Barclays Locations: LSEG, BioNTech —

Maansi Srivastava for NBC NewsMaansi Srivastava for NBC NewsTrump embraced that narrative in his victory speech in Florida early Wednesday. About 80% of white evangelicals backed Trump in Tuesday’s election, the NBC News Exit Poll shows. During his first term in office, Trump and his staff welcomed Christian leaders, including Sheets, to the White House. Julia Demaree Nikhinson / APJohnson and others who shared that worldview were on hand for Trump’s victory speech at a convention center in West Palm Beach, Florida. Around 3 a.m., he recorded as those gathered to celebrate Trump’s victory began to sing a classic Christian hymn.

Persons: Donald Trump’s, Lance Wallnau, Donald Trump, Carlos Bernate, ”, Wallnau, ” Trump, “ You’re, Trump, God, Maansi Srivastava, NBC News Maansi Srivastava, Silvia Barnaby, Britney Barnaby, Matthew Taylor, Taylor, Christian Trump, ” Taylor, Dutch Sheets, NBC News Sheets, ” Sheets, Mike Johnson, Julia Demaree Nikhinson, Johnson, Sean Feucht, Feucht Organizations: America, NBC, Trump, NBC News, NBC News Trump, White, Institute, Islamic, Jewish Studies, Christian Trump loyalists, U.S . Capitol, Dutch, Christian, Wade, Republican, Facebook Locations: America, Washington, Florida, Tuesday’s, Maryland, Virginia Beach, Va, Roe, Louisiana, West Palm Beach, Fla, West Palm Beach , Florida, Christian

☆ Just 5 minutes of exercise could help lower blood pressure, study suggests
▼ + stars: | 2024-11-07 | by ( Linda Carroll | Linda Carroll Is A Regular Health Contributor To Nbc News. She Is Coauthor Of | The Concussion Crisis | ) www.nbcnews.com time to read: +4 min

Just five minutes of vigorous exercise a day might help lower blood pressure, a new study suggests. People with high blood pressure have a higher risk for heart disease and stroke, the leading causes of death in the U.S. Nearly half of all Americans have high blood pressure, which is defined as a systolic blood pressure (the upper number) of greater than 130 or a diastolic blood pressure (the lower number) greater than 80. The researchers found that replacing any less active behavior with five minutes of exercise could lower systolic blood pressure by 0.68 points and diastolic blood pressure by 0.54 points. An estimated two point improvement in systolic blood pressure was observed when 20 minutes of vigorous exercise replaced, for example, 21 minutes of sedentary time or 26 minutes of slow-walking.

Persons: ” Mark Hamer, Hamer, ”, Arun Manmadhan, Manmadhan, Matthew Tomey, Sean P, Heffron, “, Evan Brittain, Brittain Organizations: University College London, Centers for Disease Control, Columbia University Vagelos College of Physicians and Surgeons, New York University Langone Medical, Vanderbilt University Medical Center Locations: U.S, New York City, Sinai, Nashville

☆ Raymond James upgrades these two telecom stocks as Trump election signals lower regulatory risk
▼ + stars: | 2024-11-07 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

Shares of U.S. Cellular and Telephone and Data Systems may be due for more gains following President-elect Donald Trump's victory, according to Raymond James. Its $86 price target for U.S. Cellular reflects 32% upside, while Telephone and Data Systems' target of $51 implies more than 56% upside, as of Wednesday's close. Analyst Ric Prentiss thinks Trump's win signals a weaker regulatory environment that could ultimately pave the way for T-Mobile's $4.4 billion acquisition of most of U.S. Cellular to go through . TDS USM 6M mountain TDS vs. USM, six-months Both stocks have had a positive run this year, with shares of U.S. Cellular seeing gains of nearly 57% and Telephone and Data Systems advancing more than 77% year to date. The stocks have had an even bigger run in the past six months, surging around 83% and more than 111%, respectively.

Persons: Donald Trump's, Raymond James, Ric Prentiss, Prentiss Organizations: U.S . Cellular, Telephone, Data Systems, U.S, Cellular, USM

☆ Baird downgrades JPMorgan Chase to sell, sees stock dropping nearly 20%
▼ + stars: | 2024-11-07 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

Analyst David George downgraded the stock to underperform from neutral. He believes that JPMorgan is over-earning on both net interest income and credit and finds the stock expensive at current trading levels. "We know we are fighting the tape here, but believe it makes sense to sell the stock." JPM YTD mountain JPM, year-to-date George also noted that, even with a potentially more friendly regulatory environment under a second Trump administration, JPMorgan Chase may not grow its buyback program from here. LSEG data shows 15 of the 24 analysts covering the stock have a buy or strong buy rating.

Persons: Baird, David George, George, Trump, JPMorgan Chase, buybacks Organizations: JPMorgan Chase, JPMorgan

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