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☆ Target shares pop nearly 3% after earnings. Here’s what the pros say to do next
▼ + stars: | 2023-08-16 | by ( Joshua Natoli | ) www.cnbc.com time to read: 1 min

Market Movers rounded up the best reactions from investors and analysts on Target . Target's earnings beat analysts' expectations, but sales fell short. The company also cut its full-year sales and profit guidance as it tries to win over more cost-conscious customers. Target shares had touched a 52-week low Tuesday. The stock surged during premarket trading Wednesday and ended the session with a nearly 3% gain.

Persons: Jim Cramer Organizations: Target

☆ Target pares post-earnings gains. Here's what the pros say to do next
▼ + stars: | 2023-08-16 | by ( Joshua Natoli | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTarget pares post-earnings gains. Here's what the pros say to do nextJim Cramer, Michael Baker of D.A. Davidson, Stephanie Link of Hightower Advisors, Karen Firestone Aureus Asset Management and Steve Weiss of Short Hills Capital discussed Target after shares surged following its second-quarter earnings report then slowed into Wednesday's market close.

Persons: Jim Cramer, Michael Baker of D.A, Davidson, Stephanie Link, Karen Firestone, Steve Weiss Organizations: Hightower Advisors, Asset Management, Short Hills

☆ Activists ease up on Salesforce — plus, 10 other Club stocks traded by Wall Street pros
▼ + stars: | 2023-08-16 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +10 min

The extraordinary activist-investor interest in Salesforce (CRM) eased further in the second quarter, according to the latest regulatory filings from influential Wall Street pros. His firm still owned about 2 million Salesforce shares as of June 30. Tepper also bought 2.3 million shares of Advanced Micro Devices (AMD) and 480,000 shares of Apple (AAPL) during the second quarter. As a result, Appaloosa's holdings as of mid-August may differ significantly from the conclusion of the second quarter. GOOGL YTD mountain Alphabet YTD performance Bets on Google's parent company, Alphabet (GOOGL), varied in the second quarter.

Persons: Dan Loeb's, Jeff Smith's, Salesforce, Jeffrey, Starboard's Jeff Smith, Smith, he's, 13Fs, it's, Marc Benioff, Mason Morfit, Paul Singer's Elliott, Elliott, Elliott —, Nelson Peltz's, Bob Iger, Peltz, David Tepper, Tepper, Bill Ackman's, Seth Klarman, Loeb, Klarman, Stanley Druckenmiller, Druckenmiller, Eli Lilly, That's, Jim Cramer's, Jim Cramer, Jim, Kim Kulish Organizations: Inclusive Capital, CNBC, Paul Singer's Elliott Management, Constellation, Club, Constellation Brands, Corona, Modelo, DIS, Disney, Management, Walt Disney Co, Peltz, Nvidia, Appaloosa Management, Microsoft, Micro Devices, Apple, AMD, Bill Ackman's Pershing, Capital Management, Oracle, Duquesne Family Office, Jim Cramer's Charitable, Corbis, Getty Locations: Salesforce, Tuesday's

☆ These kids get free vacations thanks to their YouTube fame. But what happens behind the scenes?
▼ + stars: | 2023-08-15 | by ( Lilit Marcus | ) edition.cnn.com time to read: +13 min

McCarty started a campaign called Quit Clicking Kids, aimed at stopping people using children on social media for monetary gain, in 2022. Child labor rights in the United States, from the factory to the internet: A timeline 1904 The National Child Labor Committee is founded, with the goal of ending all child labor. 1916 The first child labor bill – the Keating-Owen Act – is passed, which bans the interstate sale of any article produced with child labor and regulates the number of hours a child could work. In May 2023, the US Surgeon General’s office issued an advisory about social media and kids’ mental health. And for too many children, social media use is compromising their sleep and valuable in-person time with family and friends.

Persons: Chris McCarty, McCarty, Myka Stauffer, Stauffer, it’s, –, Keating, Owen, Franklin Delano Roosevelt, Coogan, ”, Instagram, Carlotta Dotto, Lilit Marcus The Coogan, Jackie Coogan, aren’t, “, Vivek Murthy, ” Stacey Steinberg, what’s, Steinberg, Yukari Schrickel, Mom Brooke Morrison, Parker, McKenzie, Morrison, ” Caz Makepeace, Craig, you’re, ’ ” Makepeace, Alex Winter, Machelle Hobson, Hobson, Makepeace, vlogging, Caz, they’re, “ We’ve Organizations: CNN, Morrisons, University of Washington, Child Labor, US, Labor, California, UN, Education, Trust, Facebook, National Archives, US Department of Labor, Actors, The Federal Trade Commission, New York Department of Labor, Washington State Legislature, Center, Children, University of Florida’s Levin College of Law, YouTube, Credit, Apple, Google Locations: New Orleans, Arizona, London, Dominican Republic, United States, New York, Illinois, California, ”, Australia

☆ Women's World Cup: Australia dares to dream of win as Matildas mania sweeps the country
▼ + stars: | 2023-08-15 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +7 min

Sydney CNN —Two matches stand between Australia and a historic Women’s World Cup win, and the nation – perhaps prematurely – is debating the pros and cons of a national holiday should the squad defeat Spain on Sunday. Soccer mania has swept the country in a culture where rugby, cricket and the local “Aussie Rules” football usually dominates. Australia players celebrate after winning their quarterfinal match against France in Brisbane, August 12. Zara Borcak beams as she holds the jersey Sam Kerr gave her after Saturday's match against France, August 12, 2023. Maybe it’s because the last time the country came together to fight a common cause, they were desperately trying to stay apart.

Persons: Tertius Pickard, Asanka Brendon Ratnayake, Sam Kerr, “, ‘, ”, Zara Borcak, Selma Borcak, Anthony Albanese, Albanese, Andrew Cornaga, Ben Crowe, Crowe, Eleanor Roosevelt, Ash Barty, it’s, ” Mackenzie Arnold of Australia, Norvik, that’s, Mackenzie Arnold, I’ve Organizations: Sydney CNN, Spain, Sunday, England, Australia, France, FIFA, Reuters Sporting, – Basketball Australia, AFL, Australian Football League, Australian Broadcasting Corporation, ”, NRL, ’, Sweden, Wimbledon, Richmond AFL Locations: Australia, France, Australia’s, United States, Brisbane, Sydney, Green, Brazil, Zara, Spain, Eden, Auckland, Denmark, Melbourne

☆ Home Depot results beat on the top and bottom lines. Here's what the pros say to do next
▼ + stars: | 2023-08-15 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Market Movers rounded up the best reactions on Home Depot from investors and analysts. The pros, including Jim Cramer , discussed the home improvement company after it released fiscal second-quarter results before Tuesday's opening bell. Home Depot reported revenue and earnings that both beat analysts' expectations. It was the first time the retailer beat Wall Street revenue estimates in three quarters. Chief Financial Officer Richard McPhail said there is " continued caution " for customers to spend on larger-ticket items and major home projects.

Persons: Jim Cramer, Richard McPhail Organizations: Depot, Wall

☆ Kitchen Upgrades You’ll Probably Regret Paying For
▼ + stars: | 2023-08-15 | by ( Sophie Donelson | ) www.wsj.com time to read: 1 min

Why had I fallen prey to the Instagram Reels and TikTok videos that malign the gap between cabinets and ceiling? My top cupboards, which hiked the cost of my cabinets about 35%, finished the millwork handsomely, but they were basically unusable. Before you, too, succumb to custom-kitchen lust, here are five “must-haves” that design pros, and some reality-checked clients, say you almost certainly don’t need.

☆ 'China has disappointed': These are the top markets and stocks to invest in, according to the pros
▼ + stars: | 2023-08-15 | by ( Weizhen Tan | ) www.cnbc.com time to read: +6 min

In contrast, nearly $1 billion went into emerging market ex-China mutual funds, according to Refinitiv data that Reuters cited. Here are some alternatives to China and the stocks to invest in, according to the pros. Japan Japan stocks have been an investor favorite this year, seeing the highest inflows in 20 years, according to Eastspring Investments. Demand for Japan funds has surged among European investors, according to data from research firm Cerulli. The bank screened for Japan stocks with the following attributes: resilient earnings, price-to-book (P/B) ratio below 1.5, and potential P/B upside relative to return on equity.

Persons: Morningstar, “, ”, Derrick Irwin, there's, Oliver Lee, BofA, Joanne Peng, Allspring's Irwin, Irwin, Fomento, He's, Morgan Stanley, Will, ” Irwin, Cerulli’s Peng Organizations: Morningstar, CNBC Pro, Reuters, Allspring Global Investments, CNBC, “, Eastspring Investments, Ivailo, Mitsui & Co, Honda Motor, Nomura, Kansai Electric Power, Mitsubishi Motors, Panasonic, Mexicano, HDFC Bank, HDFC Locations: European, China, India, Beijing, Japan Japan, Japan, Europe, Vietnam, Asia, Indonesia, Malaysia, Southeast Asia, Mexico, America, Will China

☆ Cleveland-Cliffs stock surges after a rejected buyout offer. Here's how the pros are playing it
▼ + stars: | 2023-08-14 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCleveland-Cliffs stock surges after a rejected buyout offer. Here's how the pros are playing itJim Cramer, Jim Lebenthal of Cerity Partners and Stephanie Link of Hightower Advisors discussed Cleveland-Cliffs after United States Steel rejected a $7.3 billion buyout offer from Cleveland-Cliffs.

Persons: Jim Cramer, Jim Lebenthal, Stephanie Link, Hightower Organizations: Cerity Partners, Hightower Advisors, Cliffs, United States Steel Locations: Cleveland

☆ Cleveland-Cliffs surges after a rejected buyout offer. Here's how the pros are playing it
▼ + stars: | 2023-08-14 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Market Movers rounded up the best reactions on Cleveland-Cliffs from investors and analysts. The pros, including Jim Cramer , discussed the mining name a day after U.S. Steel said it turned down a $7.3 billion dollar buyout offer from the rival company. Cleveland-Cliffs CEO Lourenco Goncalves joined CNBC on Monday to discuss his thoughts on the rejected deal and what he sees moving forward. Shares of Cleveland-Cliffs closed 8.8% higher.

Persons: Jim Cramer, Lourenco Goncalves Organizations: U.S, Steel, Cliffs, CNBC Locations: Cleveland

☆ A cruise expert that's been on over 300 ships shares his top tips and tricks for your next trip
▼ + stars: | 2023-08-14 | by ( Hannah Towey | ) www.businessinsider.com time to read: +8 min

Cruise ships and their destinations are overflowing with travelers this summer. Cruise ships — and their destinations — are jam-packed with travelers this summer. Pick a cruise line that matches your personality and expectationsNot all cruise lines, or cruise ships for that matter, cater to the same kind of clientele. Buy travel insurance if you're going on an international cruiseChiron said he never travels internationally without purchasing trip insurance. Weigh the pros and cons of booking airfare through the cruise lineSome cruise lines have access to discounted flights and allow you to bundle your airfare with your cruise.

Persons: Guy, Stewart Chiron, Chiron, Don't, I've Locations: Mykonos, Santorini, It's, Miami, Seattle, Los Angeles, Rome

☆ The digital ad market is showing signs of stabilization. How the pros are playing it
▼ + stars: | 2023-08-13 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

The signs of stabilization are perhaps most evident through recent better-than-feared earnings from behemoths like Alphabet and Meta Platforms as they focus on cost cuts and efficiency after 2022's rout. Meta Platforms said ad revenue rose about 12% last quarter from the prior year. Buying the '800-pound gorilla' It's hard to ignore Alphabet or Meta Platforms when investing in the advertising industry. On the digital side, Hanna Howard, a research analyst at GAMCO Investors, opts for Meta Platforms. Amazon posted a 22% increase in online advertising revenue year over year, and $10.68 billion in sales overall.

Persons: Susan Li, Rohit Kulkarni, Gene Munster, Paul Meeks, Meeks, Morningstar's Ali Mogharabi, Hanna Howard Organizations: Apple, Google, Roth Capital Partners, Street, Meta, Intelligence, Amazon, Independent Solutions Wealth Management, GAMCO Investors, Munster, Web Services

A joint bank account allows two or more people to own a bank account. While you can open a joint bank account with anyone, usually, joint bank accounts are opened by couples or family members. One type of joint bank account that you may be familiar with is a kid's bank account. Joint bank accounts are federally insured for a greater amount than individual bank accounts. Deciding between a joint bank account or an individual bank account will boil down to how you use the account and your goals.

Persons: what's, You'll Organizations: Service, FDIC, Social Locations: Wall, Silicon

USAA Preferred Cash Rewards Visa Signature Card RewardsThe USAA Preferred Cash Rewards Visa Signature® Credit Card offers a flat rate of 1.5% cash back as we already mentioned, and there is no welcome bonus offered on this card. USAA Preferred Cash Rewards Visa Signature Card Benefits and FeaturesThe USAA Preferred Cash Rewards Visa Signature® Credit Card doesn't have a ton of perks, but it does have some. USAA Preferred Cash Rewards Visa Signature Card vs. Wells Fargo Active Cash CardWhile the USAA Preferred Cash Rewards Visa Signature® Credit Card offers a better-than-average rate of 1.5% cash back with no annual fee, the Wells Fargo Active Cash® Card offers superior rewards and benefits by far. USAA Preferred Cash Rewards Card Frequently Asked QuestionsIs the USAA Preferred Cash Rewards Visa Signature Card a good card? Why You Should Trust Us: How We Reviewed the USAA Preferred Cash Rewards CardWhen reviewing the USAA Preferred Cash Rewards Visa Signature® Credit Card, we followed our credit card rating methodology.

Persons: Dash, USAA, Cash, you'll, Cardholders, it's, cardholders, Wells, Read Organizations: USAA, Wells, Chase Locations: J.D, USAA, Wells

The average 30-year mortgage rate is 6.96% according to Freddie Mac, which is six basis points higher than last week. Rising inflation could keep mortgage rates high, since the Federal Reserve has been increasing rates to try to push inflation down. Although higher inflation could keep mortgage rates high, it shouldn't cause rates to spike. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. But whether mortgage rates will drop in 2023 hinges on if the Federal Reserve can get inflation under control.

Persons: Freddie Mac, It's, Fannie Mae, they've Organizations: Labor Statistics, Index, Federal Reserve, Zillow, Mortgage, Association, ARM Locations: Chevron

☆ Disney shares rise on plans to hike streaming service prices. How the pros are playing it
▼ + stars: | 2023-08-10 | by ( Joshua Natoli | ) www.cnbc.com time to read: +1 min

Market Movers rounded up the best reactions from investors and analysts on Disney . Disney reported mixed results after the market closed on Wednesday, then announced price hikes for its streaming platforms if viewers want to watch without ads. In the latest quarter, operating losses at the streaming service narrowed to $512 million, and Disney+ subscribers declined by a record 11.7 million, bringing its total to 146.1 million. Despite the drop-off, CEO Bob Iger expressed confidence that Disney+ wouldn't be hurt by the higher prices as an earlier increase in late 2022 didn't result in a significant loss of subscribers. The stock finished Thursday with a gain of nearly 4.9% The stock is also held in Cramer's Charitable Trust portfolio.

Persons: Jim Cramer, Bob Iger Organizations: Disney, Trust

☆ Disney shares rise after streaming losses, price hikes. How the pros are playing it
▼ + stars: | 2023-08-10 | by ( Joshua Natoli | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney shares rise after streaming losses, price hikes. How the pros are playing itJim Cramer, Ken Leon of CFRA Research, Michael Nathanson of MoffettNathanson, Jenny Harrington of Gilman Hill Asset Management, Josh Brown of Ritholtz Wealth Management and Jim Lebenthal of Cerity Partners discussed Disney after the company's third-quarter earnings call laid out plans to hike prices on their streaming platforms.

Persons: Jim Cramer, Ken Leon, Michael Nathanson, MoffettNathanson, Jenny Harrington, Josh Brown, Jim Lebenthal Organizations: Disney, CFRA Research, Asset Management, Ritholtz Wealth Management, Cerity Partners

☆ I'm a former senior leader at Amazon and working in the office made me better at my job. The bottom line is if you're fully remote you're missing out.
▼ + stars: | 2023-08-10 | by ( Brandon Southern | ) www.businessinsider.com time to read: +8 min

But in order to fully benefit from in-office work, young-tenured employees also need experienced employees to work in the office as well. Now before the pitchforks come for me, I'm 100% supportive of remote work and I'm fully supportive of employee flexibility and all the great things that come with working remotely. But while many people talk about the benefits of remote work, few talk about its consequences. I've witnessed frequent situations where team members are reinventing the wheel due to reduced communication related to remote work. As a leader, my job is to create opportunities for team members to succeed, but also to be challenged.

Persons: Brandon Southern, I've, It's, — Organizations: eBay, GameStop

☆ Homes for Sale in New York and New Jersey
▼ + stars: | 2023-08-10 | by ( Jill P. Capuzzo | Claudia Gryvatz Copquin | ) www.nytimes.com time to read: +1 min

Maria Hayes, Diane Turton Realtors, 718-702-2048, dianeturton.comCostsTaxes: $16,464 a yearProsThe unfinished basement includes a temperature-controlled wine cellar that can hold 2,000 bottles. The house is just up the street from the Manasquan River Golf Club. Despite the name of the road it is on, this house is well inland from the ocean and has no water views. Given the fast pace of the current market, some properties may no longer be available at the time of publication. For weekly email updates on residential real estate news, sign up here.

Persons: Maria Hayes, Diane Turton Organizations: Diane Turton Realtors, Golf Locations: Monmouth, Brielle, N.J

☆ Annuities, stocks or Treasurys? Pros weigh in on the best source of retirement income right now
▼ + stars: | 2023-08-10 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

Treasury yields and stocks have more upside ahead, according to some Wall Street investors, and annuities are yielding more than ever. So if you're nearing — or already in — retirement, which offers the best source of income? Stocks vs. annuities David Dietze, senior investment strategist at Peapack Private Wealth Management, recommended annuities and stocks — with some caveats. Right now, however, Rekenthaler said he would go for annuities, bonds or funds because real interest rates are high. Treasurys Samana of Wells Fargo Investment Institute said she likes Treasurys best — given the firm's expectations of a recession.

Persons: David Dietze, Dietze, John Rekenthaler, Rekenthaler, Samana, Morningstar Organizations: CNBC, Wealth Management, Morningstar, Securities, Wells, Wells Fargo Investment Institute, ExxonMobil, Shell Locations: Wells Fargo, U.S, Samana

Russian President Vladimir Putin speaks during the Second Summit Economic And Humanitarian Forum Russia Africa on July 27, 2023 in Saint Petersburg, Russia. Russian President Vladimir Putin is weighing whether to attend his first in-person meeting with Western leaders since his forces invaded Ukraine in 2022, a Kremlin source tells NBC News. In 2014, after Russia's annexation of Crimea, Putin was publicly shunned and sidelined during the G20 meeting in Australia. Next month's G20 summit is already set to be the most contentious in years and an important litmus test of many countries' true positions on Ukraine. "And some of the leaders, including President Biden, already decided to ignore President Putin and not take any picture with him."

Persons: Vladimir Putin, Putin, hasn't, Xi Jinping, Alexey Maslov, Maslov, Jonathan Eyal, Dmitry Peskov, Nirmala Sitharaman, Cyril Ramaphosa, Andrei Fedorov, Russia's, Putin's, Fedorov, Biden, Jamal Khashoggi, Modi, Eyal Organizations: Russia Africa, Summit ., Western, NBC News, Kremlin, Institute of, Studies, Moscow State University, Royal United Services Institute, International, ICC, United Nations, Washington Post, Mr Locations: Saint Petersburg, Russia, Ukraine, New Delhi, Russian, Belarus, China, Central, London, Crimea, Australia, Bali , Indonesia, France, Bali, Russia's, Johannesburg, Brazil, India, South Africa, Rome, United States, Saudi Arabia, Saudi

☆ Weighing the pros and cons of A.I. in education
▼ + stars: | 2023-08-09 | 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 EmailWeighing the pros and cons of A.I. in educationAlex Kotran, co-founder and CEO of the AI Education Project, and Sinead Bovell, a futurist and WAYE founder, join 'Power Lunch' to discuss A.I. and education.

Persons: Alex Kotran, Sinead Bovell

☆ Datadog losses steepen after post-earnings downgrade. Here's what the pros are saying
▼ + stars: | 2023-08-09 | by ( Joshua Natoli | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDatadog losses steepen after post-earnings downgrade. Here's what the pros are sayingJim Cramer, Joe Terranova of Virtus Investment Partners and Amy Raskin of Chevy Chase Trust discussed Datadog after the cloud provider was hit with an analyst downgrade following at 17% post-earnings decline.

Persons: Jim Cramer, Joe Terranova, Amy Raskin Organizations: Virtus Investment Partners, Chevy Chase Trust

Digital Federal Credit Union Credit Builder Loan 4.1 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Learn moreDigital Federal Credit Union Credit Builder Loan 4.1 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Origination Fee $0 Regular Annual Percentage Rate (APR) 5.00% View Full Details Learn more Compare optionsDigital Federal Credit Union Credit Builder Loan Learn more Compare options Details Regular Annual Percentage Rate (APR) 5.00% Origination Fee $0 Editor's Rating 4.1 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 4.1 out of 5 Stars Pros & Cons Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. More Information The information related to Digital Credit Union Credit Builder Loan has been collected by Business Insider and has not been reviewed by the issuer. Read our review Read Our Review A looong arrow, pointing rightAs the name suggests, a credit builder loan can help you build credit and improve your financial standing. How the DCU Credit Builder Loan WorksDCU offers credit builder loans from $500 to $3,000, with loan terms between 12 and 24 months. DCU Credit Builder Loan Pros and ConsDCU's credit builder loan is much less costly than many alternatives, but you'll have to jump through some hoops to become eligible.

Persons: it's, you'll, there's Organizations: Federal Credit Union, DCU, Digital Credit Union, Business, Reading Chevron, DCU doesn't, Better, Loan, Social Locations: New England, Marlborough , Massachusetts, Massachusetts, New Hampshire

☆ Eli Lilly hits record high after earnings, Mounjaro hype. Here's what the pros are saying
▼ + stars: | 2023-08-08 | by ( Joshua Natoli | ) www.cnbc.com time to read: 1 min

Market Movers rounded up the best reactions from investors and analysts on Eli Lilly . The experts, including Jim Cramer , discussed the drugmaker after it reported second-quarter revenue and earnings Tuesday that beat Wall Street estimates. Shares of Eli Lilly hit an all-time high during intraday trading, perhaps also getting a boost from a Novo Nordisk trial. The study found Novo Nordisk's obesity drug Wegovy, which shares some similarities with Lilly's Mounjaro, cut the risk of heart disease in participants by 20%. Eli Lilly's stock finished the day about 14.9% higher.

Persons: Eli Lilly, Jim Cramer, Lilly's, Eli Lilly's Organizations: Wall, Novo Nordisk, Trust

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