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☆ 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

☆ Taylor Swift friendship bracelets: Etsy shop owners capitalize on Eras Tour craze by making concert bracelets as a side hustle
▼ + stars: | 2023-08-08 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +5 min

The 46-year-old mother said she sold over 5,000 Taylor Swift-themed friendship bracelets on her Etsy shop this summer, bringing in about $16,000 in sales. She is part of a group of Etsy shop owners who are selling Swift-themed bracelets for serious cash. Her daughter suggested listing them on her Etsy shop, which typically sells hairbows and headbands for babies and toddlers. “I will continue to make them as long as people want them.”Jamie Thompkins has sold more than 5,000 friendship bracelets to Taylor Swift concertgoers. Similar to the other Etsy shop owners, Papson put her leftover friendship bracelets online and has earned about $1800 so far.

Persons: Jamie Thompkins, Taylor Swift, ” Thompkins, Thompkins, ”, “, ” Jamie Thompkins, Jamie Thompkins Swift, ” Swift, You’ve, Swift, Jennifer Garner, Gigi Hadid, Jennifer Lawrence, Nicole Kidman, Keith Urban, Travis Kelce, Taylor roberts, Taylor Roberts, we’ve, hasn’t, There’s, Aimee Papson, Roberts, ” Roberts, …, ” Aimee Papson, Taylor, Papson, Papon Organizations: CNN, Kansas City, Swift, Gillette Locations: Oklahoma City , Oklahoma, Arlington , Texas, Los Angeles, Massachusetts, Connecticut, Boston, Block Island, Rhode Island, Nashville

Pros Check mark icon A check mark. Accounts pay high interest rates Check mark icon A check mark. Open accounts you might not be able access outside of Raisin Check mark icon A check mark. Competitive interest rate on select CD terms Check mark icon A check mark. Accounts pay high interest rates Check mark icon A check mark.

Persons: Banks, Sallie Mae, Mae, you'll, Laura Grace Tarpley, Penny Hoarder, Laura Grace, ltarpley Organizations: Credit Union, Union, Federal Credit Union, Federal, Pacific Western Bank, Western Bank, Mint, FDIC, Chevron, Mae Bank, Reading Chevron, American Consumer Council, National Bank of America, Bank of America, Credit, Technology Credit, Landmark Credit Union, Alpena Alcona, Finance, National, Real, Insider Locations: Alpena Alcona, Michigan, NCUA, NY, East Lansing, Grand Rapids, Traverse, Alpena

☆ US women’s World Cup domination has ended. But the nation remains a global talent factory
▼ + stars: | 2023-08-07 | by ( Jessie Yeung | ) edition.cnn.com time to read: +12 min

The US women’s team has been historically dominant, winning four World Cups (and four Olympic gold medals). UK-born US national team defender Antonee Robinson in action for Fulham in the Premier League on May 8, 2023. Warren Little/Getty ImagesHistory of US women’s dominanceThe civil rights law Title IX, passed in 1972, is one major reason why the US women’s team is so strong, experts say. Sarina Bolden represents the Philippines at the FIFA Women's World Cup on July 25, 2023. Haiti's Noa Ganthier holds a phone for a selfie in Brisbane Stadium, Australia, at the Women's World Cup on July 21, 2023.

Persons: Antonee Robinson, Sergiño Dest, Tim Weah, –, George Weah –, ”, Gijsbert Oonk, Warren Little, IX, Leander Schaerlaeckens, ” Schaerlaeckens, Oonk, It’s, Schaerlaeckens, “, Sarina Bolden, Catherine Ivill, Bolden, she’d, ” Noa Ganthier, I’ve, ” Danielle Etienne, Derrick Etienne, Haiti's Noa Ganthier, Dan Peled, Nigeria’s, Elkeson Organizations: CNN, Washington DC, US, Fulham, FC Barcelona, West African country’s, Sport, Erasmus University Rotterdam, Olympic Games, Premier League, Soccer, Marist College, International, Erasmus University, FIFA, Haiti, Haitian, Haiti’s men’s, men’s Locations: California, Seattle, Philippines, United States, America, Haiti, Jamaica, United Kingdom, Netherlands, US, Liberia, England, Brazil, Spain, Argentina, Europe, American, Florida, father’s, Virginia, Brisbane, Australia, Mexico, Asia, China, Vietnam

☆ 34-year-old Kickstarter CEO credits his success to 2 traits: They're an 'essential skill set'
▼ + stars: | 2023-08-07 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Then, he sold the company and landed a VP of marketing job at another startup. Two soft skills helped him navigate that journey, he says: empathy and risk taking. At Kickstarter, Taylor recently implemented a four-day workweek for his employees, a risk that comes with pros and cons. For now, it's paying off, Taylor told Time in June: "We've been just as productive or even more productive with a four-day workweek." Other risks aren't worth taking, Taylor says.

Persons: Everette Taylor, Taylor, Constance Hadley, We've, hadn't, LinkedIn's, There's, there's Organizations: Virginia Tech, CNBC, Boston University Locations: Virginia

☆ Apple extends its post-earnings decline. Here's what the pros are saying
▼ + stars: | 2023-08-07 | by ( Joshua Natoli | ) www.cnbc.com time to read: 1 min

Market Movers rounded up the best reactions from investors and analysts on Apple . The experts, including Jim Cramer , talked about the world's most valuable tech company as shares continued their post-earnings slide. Apple beat estimates on both the top and bottom line for its fiscal third quarter Thursday. Apple was the worst performer in the Dow Jones Industrial Average during Monday's session, notching its fifth-straight losing day. Despite the recent downturn, shares are up more than 37% this year.

Persons: Jim Cramer, Barton Crockett Organizations: Apple, Rosenblatt Securities, Dow Jones

You can earn up to 200,000 Marriott points, but to unlock the most points you'll need to stay six nights at Marriott Bonvoy properties. Marriott Credit Card Offers: Earn up to 200,000 PointsTwo of these cards (the Marriott Bonvoy Brilliant® American Express® Card and Marriott Bonvoy Bevy™ American Express® Card) are from American Express, and two (the Marriott Bonvoy Boundless Card and Marriott Bonvoy Bold® Credit Card) are issued by Chase. Details Rewards Earn 6 Marriott Bonvoy points for each dollar of eligible purchases at hotels participating in the Marriott Bonvoy™ program. Award can be used for one night (redemption level at or under 85,000 Marriott Bonvoy points) at hotels participating in Marriott Bonvoy®. 1K Bonus Points Per Stay: Earn 1,000 Marriott Bonvoy® bonus points per paid eligible stay booked directly with Marriott for properties participating in Marriott Bonvoy.

Persons: Marriott, we've, We're, Chase, Regis, it's, you'll, You'll, you'd, Cardholders Organizations: Marriott, Orlando . Marriott, Service, American Express, American Express Marriott, Chase Marriott, Villas, Marriott Bonvoy, Marriott Vacation, Residence, Vacation, Westin Vacation, The Ritz, Carlton Club, Regis Residence Club, Express, Ritz, Carlton, TSA, Global, TSA PreCheck, New Hampshire Insurance Company, AIG Company, Reading Chevron, Chevron, Business, Cardholders, Chase, Sapphire, United Airlines, Hyatt, American Locations: Grande Lakes, Orlando, Marriott, Wall, Silicon, Marriott Bonvoy, St, Regis, U.S, Chevron, airfare

☆ Apple extends post-earnings declines. Here's what the pros are saying
▼ + stars: | 2023-08-07 | 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 EmailApple extends post-earnings declines. Here's what the pros are sayingJim Cramer, Stephanie Link of Hightower Advisors, Gene Munster of Deepwater Asset Management, Barton Crockett of Rosenblatt Securities, Joe Terranova of Virtus Investment Partners and Jason Snipe Odyssey Capital Advisors discussed Apple as the stock continued to fall following its worst week of 2023.

Persons: Jim Cramer, Stephanie Link, Gene Munster, Barton Crockett, Joe Terranova, Jason Organizations: Apple, Hightower Advisors, Deepwater Asset Management, Rosenblatt Securities, Virtus Investment Partners, Capital

☆ Thinking of building an ADU in your backyard? Here are some pros and cons.
▼ + stars: | 2023-08-07 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +6 min

Backyard tiny homes are increasing in popularity, especially in California. If you're considering building a tiny home in your yard, here are some pros and cons to consider. San Jose homeowner and ADU advocate Joyce Higashi rents her backyard home to traveling nurses for $3,000 per month, she previously told Insider. Pro: Tiny homes can allow a child or elderly parent to remain nearbyAn ADU in Seattle. Selma Hepp, chief economist at CoreLogic, previously told Insider she ran into many challenges when building her ADU.

Persons: it's, Glenn Robinson, Robinson, Joyce Higashi, Eugene Chu, Peter Bohler, Cindy Loughridge, Seth Restaino, Redfin, Higashi, Selma Hepp, Abodu, George Beatty, Realtor.com Organizations: Service, National Association of Realtors ., California Housing Works, Pew Research Center, Terner Center, Housing Innovation, University of California, Villa Locations: California, Wall, Silicon, Sonoma ., National Association of Realtors . California, Redwood City , California, Jose, San Diego, Seattle, Bay, Sonoma, Golden, Berkeley, Philadelphia

☆ Ukraine desperately wants F-16s because without them all it has are Soviet-era fighter jets that simply aren't cutting it
▼ + stars: | 2023-08-07 | by ( Chris Panella | ) www.businessinsider.com time to read: +9 min

Ukraine has long sought F-16s, believing the Western fighter jets would be a boon to their arsenal. Danil Shamkin/NurPhoto via Getty ImagesUkraine is currently flying Soviet-made MiG-29 and Su-27 multirole fighters against a larger and technologically superior Russian air force. The aircraft are underdogs compared to Russian fighter aircraft like the MiG-31s and Su-25s, which feature advanced radars that allow them to see and locate targets further away, among other higher-end capabilities. Ukraine's been operating much of its air force from "remote locations, places that the Russians wouldn't expect," Tannehill added. One of the biggest challenges for the Ukrainian air forces has been Russia's formidable air defenses, which have kept much of Kyiv's air force far from the front lines.

Persons: Justin Bronk, Danil, Tannehill, Taylor Crul, they'd, Joe Biden, Abrams, It's, Bronk, they're Organizations: Service, Ukraine, Soviet, Royal Norwegian Air Force Academy, Royal United Services Institute, NATO, Ukrainian Air Force, Getty Images, US Navy, Kyiv, Patriots, US Air Force, Falcon, White House, Pentagon, AIM, Air Missile, Air Force, Reuters Locations: Ukraine, Soviet, Wall, Silicon, Ukrainian, Vasylkiv, Kyiv, Getty Images Ukraine, Russian, Russia, Moscow, Taylor Crul Ukraine

☆ These stocks with upcoming earnings are short-squeeze candidates, Goldman says
▼ + stars: | 2023-08-06 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

A solid second-quarter earnings season is spooking short-sellers and creating big rallies for some of the most doubted stocks in the market, according to Goldman Sachs. "Stocks with low short interest declined on their earnings day, while stocks with the highest short interest rallied significantly. This average outperformance for the high short interest cohort was even evident after adjusting for the cost of options prior to their earnings report (i.e. There are several stocks with upcoming earnings reports that have high short interest, according to Goldman Sachs. The short interest in Plug Power — or the percentage of available shares that are sold short — is above 23%, according to FactSet.

Persons: Goldman Sachs, Sesha, Phani Organizations: Wall Street, Energy, Holdings, Marathon

☆ Opinion: Trump’s hat trick is America’s Rorschach test
▼ + stars: | 2023-08-06 | by ( Jane Carr | Opinion Jane Greenway Carr | ) edition.cnn.com time to read: +15 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. “The ramifications of these charges for Trump and the country are enormous,” wrote legal scholar Michael Gerhardt. A sobering new studyAfrica Studio/Adobe StockA recent study has found that alcohol-related deaths are rising more quickly among American women than among American men. There’s no reason to think that will changeMike Shields: A tectonic shift in GOP voter turnout is underwayA back-to-school questionDenver Public School nurse Jennifer Nelson works at McAuliffe Manual Middle School. Every child deserves a school nurse.”

Persons: Pythagoras, It’s, Tobias Smollett, Peregrine Pickle, who’s, won’t, Donald Trump’s, Jack Smith’s, ”, Michael Gerhardt, “, Trump, ” Clay Jones, John Avlon, Ulysses S, Grant, Black, … Trump, ” George Costanza’s, Eric Klein, Jeremi Suri, ” Klein, Tanya Chutkan, Klein, Suri, Russell J, Levenson, Jr, Julian Zelizer, Dean Obeidallah, Phil Hands, Jon Gabriel, Gabriel, Badri, Paul Kane, punctuating, Aimee Phan, wouldn’t, Phan, Morocco’s Nouhaila, …, I’ve, CNN Opinion’s Kirsi Goldynia, Dr, Catherine Donnelly, Donnelly, Whitney Browne, Alvin Ailey, O’Shae Sibley, Clay Cane, Cane, ” Cane, Jill Filipovic, Filipovic, —, ” Filipovic, Eric Winer, Winer, Don’t, Ralph Tedy Erol, Catherine Russell, Rachel Marshall, Georgia Mark Zandi, Mike Shields, Jennifer Nelson, Hyoung Chang, ’ Organizations: CNN, Trinity, Capitol, Trump, Ku Klux Klan, Klan, Reconstruction, US, GOP, Warner Bros, Agency, Sun, FIFA, Canada, Germany, juggernaut, Department of Nutrition, Food Sciences, University of Vermont, Adobe, Yale Cancer Center, Haitian National Police, Denver Public School, McAuliffe, Middle, Denver Post, National Association of School Nurses, American Academy of Pediatrics, Research Locations: Scottish, Georgia, Michigan, Arizona, United States, Washington ,, Wisconsin, Phoenix , Arizona, xeriscaping, Morocco, Colombia, South Africa, Jamaica, Vietnamese, Philippines, Zealand, Vietnam, States, Thailand, Washington, Brooklyn, America, New York City, Philadelphia, Africa, American, Port, Prince, Haiti

☆ Meet a millennial mom who resurrected her career with a 10-day crash course on semiconductors. She landed a new job, learned new skills, and says the pay outweighs long hours.
▼ + stars: | 2023-08-06 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +10 min

She enrolled in a 10-day semiconductor training course and landed a new job at Intel soon after. A few weeks later, she told Insider, she received an email about the "Quick Start" program — a 10-day crash course on how to be a semiconductor processing technician. The Quick Start program's website says that semiconductor companies will hire over 20,000 workers in Arizona in the coming years. Of 240 former Quick Start students who filled out an employment outcome form as of June 30th, 75, or 31%, said they had been "hired in field," per MCCC. "I start work at 5:45 AM, and I get off at 6:15 PM," she said.

Persons: Lisa Strothers, chipmakers, Strothers, Biden, Cesar Becerra, GlobalFoundries, —, Lisa Strothers Lisa Strothers, Intel's, she'd, Cesar Becerra Cesar Becerra, I'm, that's, there's Organizations: Intel, Schools, Service, Taiwan Semiconductor Manufacturing Company, Mesa Community College, Science, Deloitte, Micron, MCCC, Labor Statistics Locations: Wall, Silicon, Arizona, Arizona's Maricopa County, Maricopa County, China, Taiwan, Phoenix

☆ Twists and turns galore in Glasgow showdown
▼ + stars: | 2023-08-05 | by ( Martyn Herman | ) www.reuters.com time to read: +3 min

Crow Road, the one categorised climb, will not shred an elite peloton featuring Grand Tour and Classics winners, but once it rolls into Glasgow, battle will truly commence. A 14.3km circuit of the city centre will be tackled 10 times meaning a combined 400 tight corners. "It will be an accumulation of efforts," Van der Poel, who will share the Dutch leadership with Dylan van Baarle, said on Friday. "It's going to be full gas racing," he said, while Philipsen said: "It will be turning, turning, accelerating all the time." Other favourites include two-time Tour de France champion Tadej Pogacar of Slovenia, Denmark's former world champion Mads Pedersen and Poland's Michal Kwiatkowski.

Persons: Fred Wright, Mathieu Van der, Van der Poel, Dylan van Baarle, Van Baarle, Van der, Remco Evenepoel, Jasper Philipsen, Wout van Aert, Evenepoel, Philipsen, Tadej, Mads Pedersen, Poland's Michal Kwiatkowski, Martyn Herman, Christian Radnedge Organizations: GLASGOW, UCI, Montrose, Tour de France, de France, Thomson Locations: Edinburgh, Crow, Glasgow, Grand, Belgian, Slovenia

Mortgage rates are down slightly today, but 30-year mortgage rates are still up around 45 basis points from where they started the week. When the data shows that the economy is still running hot, mortgage rates tend to go up. This latest report is good news for mortgage rates, because it means the labor market is continuing to soften. 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: Fannie Mae, they'll Organizations: Federal Reserve, of Labor Statistics, Zillow, Fed, Mortgage, Association, Sky, ARM Locations: Chevron

☆ Amazon stock climbs 8.3% after biggest profit beat since 2020. How the pros are playing it
▼ + stars: | 2023-08-04 | 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 EmailAmazon stock climbs 8.3% after biggest profit beat since 2020. How the pros are playing itBrad Erickson of RBC Capital Markets, John Blackledge of Cowen, Steve Weiss of Short Hills Capital, Brenda Vingiello of Sand Hill Global Advisors, Jim Lebenthal of Cerity Partners and Shannon Saccocia Neuberger Berman Private Wealth discussed Amazon after the company reported much higher than expected quarterly results and its largest profit beat since the fourth quarter of 2020.

Persons: Brad Erickson, John Blackledge, Cowen, Steve Weiss, Brenda Vingiello, Jim Lebenthal, Shannon Saccocia Neuberger Berman Organizations: RBC Capital Markets, Short Hills Capital, Global Advisors, Cerity Partners, Wealth Locations: Sand

☆ Amazon stock jumps 8% after biggest profit beat since 2020. How the pros are playing it
▼ + stars: | 2023-08-04 | by ( Christina Falso | ) www.cnbc.com time to read: +1 min

The pros discussed the e-commerce giant after second-quarter revenue and earnings both topped analysts' estimates. Amazon stock jumped 8.3% Friday. After the closing bell Thursday, Amazon reported earnings of 65 cents per share and revenue of $134.4 billion . Amazon's AWS cloud revenue surged 12% to $22.1 billion and advertising revenue also beat expectations, coming in at $10.7 billion. CEO Andy Jassy claimed Amazon had its "biggest ever" Prime Day sales event with online spending hitting $12.7 billion over the 48-hour period.

Persons: Andy Jassy, Rosenblatt, Jim Cramer Organizations: Amazon Locations: Seattle

☆ How interest rates impact your money — from savings to mortgages
▼ + stars: | 2023-08-04 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +4 min

The world of central banks and their policies, which include interest rates, may seem abstract — but they affect everyone. Interest rates — the rate at which you are charged or rewarded — are set by central banks, like the Fed or Bank of England. Pros and consHow consumers are affected by interest rates varies according to whether rates are higher or lower. On the flip side, higher interest rates can boost your savings, Mould added. Interest rates versus inflationInterest rates often go hand in hand with inflation (rising prices).

Persons: James McManus, —, Sarah Coles, Hargreaves Lansdown, Russ Mould, AJ Bell, Mould, McManus Organizations: CNBC, . Federal Reserve, European Central Bank, Bank of England, Fed

☆ Are You Ready to Buy a Home? Should You Rent? Take Our Quiz.
▼ + stars: | 2023-08-04 | by ( Debra Kamin | ) www.nytimes.com time to read: +7 min

Before you even start looking, ask yourself a crucial question: Should I rent, or should I buy? A financial gut check First and foremost, the decision to rent or buy will depend on your financial situation. Unless you’re independently wealthy and ready to purchase a home with cash (if you are, why are you reading this article? The decision to buy a home isn’t only about finances, and owning isn’t right for everyone who can afford it. If the answer is exactly where you are, it might be a sign that you’re ready to buy.

Persons: Mark Conlan, Read, you’re, Don’t, you’ll, Sellers, it’s, I’ll Locations: Youngstown , Ohio, Manhattan

☆ The Best Mesh Wi-Fi Systems for Your Home
▼ + stars: | 2023-08-03 | by ( David Murphy | ) www.wsj.com time to read: +22 min

Our favorite mesh Wi-Fi system, TP-Link’s Deco XE200, supports Wi-Fi 6E, meaning it will deliver the best possible speeds for any device you can buy in mid-2023. Best overall mesh Wi-Fi systemBuy Side Top Pick TP-Link Deco XE200 $800 at Amazon $800 at b&h The XE200 offers the perfect mix of fast speeds, simple setup and app-based adjustments, offering the fastest mesh Wi-Fi at home for all the latest Wi-Fi 6E devices. Price: Our research found you’ll spend around $300 or less for a lower-price mesh system, or about $800 or less for a high-performance mesh system. We tested the mesh systems by first connecting a Google Pixel 7 Pro to a single Wi-Fi mesh access point (set up as the home’s primary router) from a handful of feet away within the same room. It’s still important that a mesh Wi-Fi system be able to deliver strong performance across as far a range as possible.

Persons: David Murphy, won’t, they’re, it’s, you’re, you’ll, we’d, ET8, Asus’s, Eero, Dong Ngo, I’ve, Jerry Jongerius, You’ll, ” Ngo, backhaul Organizations: Netflix, Amazon, Pro, Dong Knows Tech Locations: California

☆ Vodka Vaults and Human Centerpieces: Real-Estate Pros Dish on Over-the-Top Open Houses
▼ + stars: | 2023-08-03 | by ( Robyn A. Friedman | ) www.wsj.com time to read: +1 min

So, we decided to throw what we called a “vodka vault party” to encourage people to sample vodka on the terraces. We hired a fabulous bartender and offered the guests vodka tastings from brands such as Anestasia, Barr Hill and Purity. We also hired a DJ, and by the end of the evening, everyone was dancing in their faux fur. The penthouses sold a few months later. One sold in August 2016 for $1.625 million, and the other in September 2016 for $2.999 million.

Persons: Samantha Rose Frith, Coldwell Banker Warburg, Joel Moss, Barr Organizations: Coldwell Banker Locations: New York City, Chelsea

☆ Qualcomm freefalls as phone chip sales falter. Here's what the pros are saying
▼ + stars: | 2023-08-03 | 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 EmailQualcomm freefalls as phone chip sales falter. Here's what the pros are sayingJim Cramer, Jim Lebenthal of Cerity Partners and Bill Baruch of Blue Line Futures discussed Qualcomm after the company reported weaker-than-anticipated revenue and guidance in their third-quarter financial results.

Persons: Jim Cramer, Jim Lebenthal, Bill Baruch Organizations: Qualcomm, Cerity Partners, Blue

☆ Mark Zuckerberg's wife, Priscilla Chan, is fed up with his MMA obsession after he built a fighting cage in his backyard
▼ + stars: | 2023-08-03 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +3 min

Mark Zuckerberg is taking his MMA obsession to another level by building an octagon in his backyard. "I have been working on that grass for two years," Chan responded to one of his messages. Mark Zuckerberg has built an octagon fighting ring in his backyard, but his wife, Priscilla Chan, doesn't seem thrilled. An Octagon is an eight-sided fighting cage typically used for MMA fights. Then Zuckerberg responded to Musk's challenge by writing three words on an Instagram Story: "Send Me Location."

Persons: Mark Zuckerberg, Priscilla Chan, Chan, doesn't, Zuckerberg, Isreal Adesanya, Alex Volkanovksi, Mark Zuckerberg Zuckerberg, Dave Camarillo, Elon Musk, Musk, Gizmodo, I'm Organizations: —, Twitter, Meta

☆ Qualcomm shares tumble as phone chip sales falter. Here's what the pros are saying
▼ + stars: | 2023-08-03 | by ( Joshua Natoli | ) www.cnbc.com time to read: 1 min

Market Movers rounded up the best reactions from investors and analysts on Qualcomm . The experts, including Jim Cramer , talked about the semiconductor company a day after it had reported fiscal third-quarter adjusted revenue and guidance that missed estimates. Qualcomm cited slowing smartphone chip sales as a source for its financial woes, which declined 25% on a year-over-year basis. Deutsche Bank noted the slumping handset chip sales as it downgraded Qualcomm's stock to hold from buy. Shares finished Thursday down 8.2%.

Persons: Jim Cramer Organizations: Qualcomm, Deutsche Bank

☆ Paying in cash helps shoppers 'forget' guilty pleasures, Stanford research finds
▼ + stars: | 2023-08-03 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

Others have a secret account or credit card or some sort of hidden debt. The pros and cons of cashOn the upside, paying with cash can be a smart move for those trying to stick to a budget. In this case, spending money is divided up into envelopes representing your monthly expenses, such as groceries and gas. "Adhering to this approach keeps you from going into credit card debt," he said. But paying with cash forgoes the rewards and protections that come with credit.

Persons: Nopphon, Rossman Organizations: Istock, Getty

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