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☆ Top Wall Street analysts recommend these stocks for the long haul
▼ + stars: | 2024-06-23 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Against that uncertain backdrop, Wall Street analysts are focused on identifying stocks with solid fundamentals and strong long-term growth prospects. In that climate, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Finally, Feinseth mentioned Microsoft's strong financial position, which supports enhanced shareholder returns and enables investments in the company's AI ambitions. The company's Zscaler Zero Trust Exchange platform securely connects users, devices and applications by protecting them from cyberattacks and data loss. Following the Zenith Live 2024 event, Baird analyst Shrenik Kothari reaffirmed a buy rating on Zscaler stock with a price target of $260.

Persons: Kevin Scott, TD Cowen, Helane Becker, Becker, TipRanks, OpenAI, Ivan Feinseth, Feinseth, Baird, Shrenik Kothari, Zscaler, Kothari Organizations: Microsoft, Technology, Artificial, Seattle Convention Center, Federal Reserve, Street, Delta Air, Delta Air Lines, DAL, Delta, Activision Blizzard, Zero, Zenith Locations: Seattle, Seattle , Washington, Toronto, Delta

☆ Human rights lawyer to political reformer: Who is Keir Starmer, the UK's new would-be prime minister
▼ + stars: | 2024-06-21 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +4 min

Labour Party leader Sir Keir Starmer speaks ahead of the U.K.'s general election on July 4, 2024. The left-of-center opposition party retains a commanding lead of around 20 points over current Prime Minister Rishi Sunak's Conservatives, according to the latest YouGov poll. But who is Keir Starmer — Labour's leader and the clear favorite to become prime minister after Britain's July 4 election? Starmer also served as a human rights adviser during former Labour Prime Minister Tony Blair's Northern Ireland Good Friday Agreement. Labour leader Keir Starmer takes a selfie with students after a campaign event at Three Counties Medical School on May 29, 2024.

Persons: Sir Keir Starmer, Anthony Devlin, Rishi Sunak's, Nigel Farage's, Keir Starmer —, Starmer, Margaret Thatcher's, Tony Blair's, Jeremy Corbyn, Keir Starmer, Christopher Furlong Organizations: Labour Party, Getty, Conservative, Britain's Labour Party, Labour, Conservatives, British, National Health Service, University of Leeds, University of Oxford, Shell, Tony Blair's Northern, Service, Counties Medical School, Wealth Fund Locations: London, England, Victoria, EU, Britain

☆ UK PM Sunak could cease to be a lawmaker in landslide election defeat, new poll shows
▼ + stars: | 2024-06-20 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Prime Minister Rishi Sunak speaks to farmers as he campaigns on a farm near Barnstaple on June 18, 2024 in North Devon, United Kingdom. North Devon has been held by the Conservative Party since the 2015 general election. British Prime Minister Rishi Sunak could become the country's first sitting prime minister to lose their seat at a general election, according to the findings of a shock new poll. If correct, the upcoming vote would deliver Labour a supermajority of 382, comfortably more than former Prime Minister Tony Blair's historic 1997 victory. The analysis showed that left-leaning Scottish National Party is set to win 8 seats, while Wales' pro-independence political party Plaid Cymru is expected to win 4.

Persons: Rishi Sunak, Tony Blair's, Savanta, James Cleverly's, Jeremy Hunt's Organizations: Conservative Party, British, Labour, Conservative, Liberal Democrats, Scottish National Party, Wales, Plaid Cymru, Greens Locations: Barnstaple, North Devon, United Kingdom, Richmond, Northallerton, North Yorkshire, Braintree, Essex, Godalming, Ash, Surrey

☆ European markets head for mixed open as UK awaits Bank of England's rate decision
▼ + stars: | 2024-06-20 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

Commuters crossing a junction near the Bank of England (BOE), left, in the City of London, UK, on Wednesday, May 8, 2024. Photographer: Hollie Adams/Bloomberg via Getty ImagesLONDON — European stocks are expected to open in mixed territory Thursday, with U.K. investors looking ahead to the Bank of England's policy rate decision. The U.K.'s FTSE index is expected to open 16 points higher at 8,212, Germany's DAX up 21 points at 18,087, France's CAC 40 up 3 points at 7,568 and Italy's FTSE MIB up 10 points at 33,192, according to IG. U.K. traders will be focused on the Bank of England's rate decision Thursday, although the central bank is widely expected to hold rates steady at a 16-year high of 5.25%, with the majority of economists polled by Reuters forecasting a cut in August after the country's July 4 election. Data released Wednesday showed U.K. inflation rose by an annual 2.0% in May, hitting the BoE's inflation target.

Persons: BOE, Andrew Bailey, Hollie Adams, Germany's DAX Organizations: Bank of England, City of, Bloomberg, Getty, Bank of, CAC, IG, Reuters Locations: City, City of London

☆ AI could become a lawyer's greatest help in the courtroom
▼ + stars: | 2024-06-20 | by ( Matthew S. Smith | ) www.businessinsider.com time to read: +8 min

Courtesy of Danielle BeneckeA lawyer's copilotFounded in 1949, Baker McKenzie has over 6,500 lawyers working in 70 offices worldwide. The firm's work building generative AI to produce legal draft advice for high-volume employment-law questions recently won an award from Law.com. Courtesy of Jake HellerAI won't replace lawyersThere's another fear likely to push lawyers toward AI: other lawyers. Lawyers might also turn to AI to address a force meant to tame AI: regulation. "I think in three to five years, not using AI for legal work will be tantamount to refusing to use online search for legal work today," Ziniti said.

Persons: Michael Cohen, Donald Trump, Cohen, isn't, Danielle Benecke, Baker McKenzie, Benecke, Cecilia Ziniti, It's, copilot, Ziniti, Cecilia Ziniti Ziniti, CoCounsel, CoCounsel isn't, Jake Heller, Thomson, Heller, they'd, it's Organizations: Google, Law.com, Federal Trade Commission, Microsoft, AI's, IBM, CoCounsel, Thomson Reuters, Times, American Bar Association

As the festival draws near, there are still a few avenues for how to buy HARD Summer Musical Festival 2024 tickets. We've got you covered if you're looking for how to get tickets for HARD Summer Music Festival 2024. Hard Summer Music Festival 2024 scheduleThere are three general ticket options for the 2024 HARD Summer Music Festival. How much are Hard Summer Music Festival tickets? The festival website also offers tickets for shuttles to the 2024 HARD Summer Music Festival, with prices for this feature beginning at $62.05.

Persons: Nelly Furtado, Fisher, Chris Lake, We've, Jamie XX, Seth Troxler, Chris Stussy, Hamdi, San, Chloé Caillet, Trucco, Carola, Cole Knight, Bianca, Hayes Bradley, Nazaar, Major Lazer, Sofi, Kenny Beats, Eli Brown, Dillon Francis, Matroda, DJ Heartstring, Kerri Chandler, Juelz, Beltran, Levity, SOSA, DJ Susan, ALLEYCVT, Camden Cox, Gudfella, Mary Droppinz Organizations: Business, Hollywood, Subtronics, Beltran B2B Locations: Angeles, Los Angeles, CA, Lake Hills, Panteros666

☆ Citi raises S&P 500 year-end forecast, third firm to do so in recent days
▼ + stars: | 2024-06-18 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Ongoing earnings strength for the "Magnificent Seven" will continue to lead the S & P 500 higher, according to Citi. Scott Chronert, the bank's head of U.S. equity strategy, increased his year-end S & P 500 target to 5,600 from 5,100. Goldman Sachs also increased its price target on the S & P 500 to 5,600 on Friday, while Evercore ISI raised its forecast to 6,000 — the highest on the Street. The S & P 500 is up more than 14% in 2024. Rather, a S & P 500 index target needs to account for related influences."

Persons: Scott Chronert, Goldman Sachs, Chronert Organizations: Citi, CNBC Market, Survey, Nvidia

☆ Nigel Farage: The US-style migration debate taking over Britain’s election
▼ + stars: | 2024-06-16 | by ( Rob Picheta | ) edition.cnn.com time to read: +14 min

“It’s a bit like God’s waiting room.”But Clacton is the front line of Britain’s migration debate. The Reform leader uses divisive language on migration, warning supporters of what he calls an "invasion" of asylum seekers. Despite years of tough rhetoric and policies aimed at deterring the arrival of asylum seekers – devised largely to placate Farage’s supporters – Britain’s asylum system is creaking. Laws prevent most asylum seekers from working, so while taxpayers fund their accommodation, they cannot contribute formally to the economy. That could widen even further the chasm in understanding between his voters and Britain’s asylum seekers, experts fear.

Persons: ” Danny Botterell, Nigel Farage, BEN STANSALL, Donald Trump, Nigel, ” Botterell, “, Farage, ” Farage, –, Rob Picheta, CNN Britain’s, Rishi Sunak’s, ” Zoe Gardner, “ Farage, “ They’ll, ”, Louise Brockwell, Danny Botterell, David Cameron –, Europe –, Sunak, Cameron, Farage’s, ted Britain’s, France –, ” Gardner, Masood, they’re, ” Masood, Brexit, Douglas Carswell, ” Carswell, ” “ There’s, Carswell, Bob Brace, Farage's, hasn’t, Jack, can’t, you’re, Bridget Tyril, Roy Whitehead, Keir Starmer, “ It’s, they’ve, Karen French, “ I’ve, He’s, James Johnson, Theresa May’s, pollster, Queen Elizabeth II, restauranter Dean Coles, Jehosh, Gardner Organizations: England CNN —, Seagulls, CNN, Getty, Clacton, Labour, Brexit Party, Tories, Jays, Sky News, Times, Home Office, Conservative, UKIP, EU, Brexit, Mississippi Center for Public, John, People, Trump, Downing, Partners, “, Conservatives Locations: Clacton, England, Clacton Pier, Europe, ”, London, “, AFP, United States, Britain, Westminster, India, France, Bibby Stockholm, Kent, Afghanistan, UAE, Essex, Jaywick, It’s France, Netherlands, Germany

Because the event is a festival and not just a one-off concert, buying Electric Forest tickets is a bit more complex than simply picking a seat. Electric Forest 2024 festival scheduleElectric Forest 2024 begins June 20 and continues through June 23 in Rothbury, MI. Date City Vivid Seats prices StubHub prices June 20 Rothbury, MI - $466 June 21 Rothbury, MI - $412 June 22 Rothbury, MI - $1,166 June 23 Rothbury, MI - - June 20-23 Rothbury, MI $433 $332How to buy tickets for Electric Forest 2024 festivalWhile original tickets are sold out, some Electric Forest tickets are still available from verified resale outlets, including Vivid Seats and StubHub. While original Electric Forest tickets are sold out, as of this writing, StubHub has general admission tickets starting at $332 for the four days. Check out Electric Forest's full lineup, schedule, campground map, and more at the Electric Forest website.

Persons: Nelly Furtado, Ludacris, John Summit, Dom Dolla, StubHub, Ben Bohmer, Subtronics, Charlotte De White, Umphrey's McGee, Atliens, Barclay Crenshaw, Cassian, Chase, G Jones, Green, Kenny, Mau, Neil Frances, Rawayana, Sammy Virji, Sara Landry, Vini, Whyte Organizations: Business, Electric, Madison House, Vivid, Sherwood Court, John, Seven Lions Locations: Rothbury , Michigan, Rothbury , MI, Rothbury, MI, StubHub, multipacks

☆ How Morgan Stanley says to play the next wave of the AI trade
▼ + stars: | 2024-06-14 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

As the field of stocks that both serve artificial intelligence data centers and have outperformed the rest of the market grows, Morgan Stanley is changing its approach in a search for value. All of the stocks included are rated overweight at Morgan Stanley. Morgan Stanley upgraded Ciena Corporation to overweight as part of the note and in concert with its GVAT model. NVDA YTD mountain Nvidia stock. Other names on the Morgan Stanley list include Broadcom and Taiwan Semiconductor Manufacturing .

Persons: Morgan Stanley, Meta Marshall, Marshall Organizations: Nvidia, Wall, Ciena Corporation, Broadcom, Taiwan Semiconductor Manufacturing

We'll show you everything you need to know about streaming Season 4 of the series, including where to watch The Boys, the trailer, and when new episodes drop. Prime Video just announced that Season 5 will be the show's last installment, making Season 4 its penultimate outing. Brendan Griffiths / Business InsiderWhere to watch The Boys Season 4 in the USThe Boys streams on Prime Video in the US. Amazon Prime Video Monthly Subscription Amazon Prime Video is a capable, competitive streaming service that's more than just a Prime membership perk. Check price at Amazon Prime VideoWhere to watch The Boys Season 4 in the UK & other countriesThe Boys Season 4 will be available to stream on Prime Video in the UK and other countries.

Persons: Jensen Ackles, Karl Urban, Antony Starr, Jack Quaid, Erin Moriarty, there's, Gen, we've, ExpressVPN, Brendan Griffiths, They're Organizations: Business, The, Amazon, Boys

☆ Broadcom beats earnings estimates, announces 10-for-1 stock split
▼ + stars: | 2024-06-12 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Broadcom posted earnings for the second fiscal quarter on Wednesday that beat analysts' estimates. It also announced a 10-for-1 stock split, set to begin trading on a split-adjusted basis on July 15. Broadcom reported $2.12 billion in net income during the quarter, or $4.42 per share, versus $3.48 billion in net income, or $8.15 per share, in the year-ago period. Broadcom said $3.1 billion in sales during the quarter could be attributed to revenue from AI products. For example, Broadcom works with Google , which partially designs its own AI chip called a TPU.

Persons: Hock Tan Organizations: Broadcom, Google, VMware

☆ How the economy will change under Trump vs Biden
▼ + stars: | 2024-06-12 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +6 min

And yes, a former president, Donald Trump, has been found guilty on felony charges. The US economy is expected to grow at double the rate of its G7 peers, according to the International Monetary Fund. Trump loved touting new Wall Street records; under Biden, the Dow hit over 40,000 for the first time. The president proposed hiking the corporate tax rate to 28%; billion-dollar companies would also face a higher corporate minimum tax. Some of the stock market and unemployment records that were set under Trump pre-COVID-19 have been surpassed by Biden.

Persons: Roe, Donald Trump, James Carville's, Biden, Joe Biden, Trump, qtN5DBOjAS — Heather Long, Jerome Powell, Powell Organizations: Service, ABC, Business, International Monetary Fund, Dow, Department of Agriculture, Auto, Federal Reserve, Union, Trump, Wall Street, NPR Locations: Russia's, Ukraine

☆ Stocks making the biggest moves midday: Affirm, General Motors, Apple and more
▼ + stars: | 2024-06-11 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Affirm Holdings – The stock popped nearly 7% following the announcement that its buy now, pay later loans will be embedded into Apple Pay as an option for purchases. U.S. Apple Pay users on iPhones and iPads will be able to use the option later this year, the company said in a filing. General Motors – The automaker's stock added about 2% after announcing a $6 billion share repurchase program. Apple – The stock jumped around 6% one day after the iPhone maker announced its artificial intelligence strategy at its Worldwide Developers Conference . GameStop – The stock rose about 2%, trimming losses after its recent slide.

Persons: General Motors, Siri, Keith Gill, Pierre Brondeau, Mark Douglas, Ronaldo Pereira, Elliott, Lee Cole, FactSet, —, Alex Harring, Samantha Subin, Lisa Kailai Han, Pia Singh, Sarah Min, Jesse Pound Organizations: Apple Pay, Apple, General, GM, Worldwide Developers, OpenAI, GameStop, FMC, JPMorgan, Reuters, Apollo, Kyndryl Holdings, Southwest Airlines –, Academy Sports, Bank of America Locations: Southwest

☆ 4 easy ways to meet your takeout cravings while cutting down on ultra-processed foods, according to a dietitian
▼ + stars: | 2024-06-10 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +1 min

We all love a good takeout, but many fast foods are ultra-processed. Ultra-processed foods have been associated with health issues, including type 2 diabetes. A dietitian shared four tips to help you cut down on UPFs while still enjoying takeout. AdvertisementEveryone has days when they're too tired to cook, need food on the go, or just really want a takeout. But takeout may cause more problems than it solves — fast food is mostly ultra-processed, and research is increasingly finding links between ultra-processed foods and health issues.

Persons: —, they're Organizations: Service, Business

☆ A weaker dollar, skyrocketing prices and ‘record’ visitor numbers: Good luck in Europe this summer
▼ + stars: | 2024-06-08 | by ( Julia Buckley | ) edition.cnn.com time to read: +12 min

Hotel prices are exploding. As the owner of Destination Europe, she is sending “record numbers” of clients to the continent this year. There’s been such a huge demand for travel in the past three years, and lots of places are pushing up prices.”Is summer in Europe already a washout? Socrates Baltagiannis/picture alliance/Getty ImagesData from Hotel Monitor, American Express Global Business Travel’s annual analysis of worldwide hotel rates, backs his theory up. His prediction appears to be coming true: although the Amex GBT analysis predicted a 11% spike in Paris hotel rates this year, so far they have only risen 8%.

Persons: “ There’s, ”, Tom Jenkins, ” Kayla Zeigler, Graham Carter, “, There’s, you’re, it’s, Eric Gaillard, Reuters It’s, they’re, Eiffel, Hagia Sophia, Jenkins, Tim Hentschel, that’s, It’s, Milos, Hotelplanner's Tim Hentschel, Socrates Baltagiannis, Hentschel, haven’t, Conde Nast, Hayley Berg, Hopper, Berg, Jaime Reina, ‘, ’ ” They’re, Daniela Santanchè, ” Zeigler, Carter, –, Charles de Gaulle, ” They’re, Zeigler, ” –, – Berg, bookers, Henry Nicholls Organizations: CNN, European Tourism Organisation, Unforgettable, “, Reuters, Getty, Hotel Monitor, American Express Global, ”, AFP, Italy –, Games Locations: Europe, Bosnia, Bulgaria, Denmark, Iceland, Poland, Romania, Sweden, Switzerland, Czech, Hungarian, Ukrainian, Ukraine, Turkish, Hagia, Venice, Paris, Amsterdam, Dublin, Berlin, Stockholm, Barcelona, London, Murcia, Marbella, Windsor, Paddington, Rome, Athens, Venice’s, Mallorcan, Italy, Amalfi, Positano, Amalfi Coast, Puglia, Sicily, Slovenia, Croatia, Ireland, Portugal, France, airfare, London's, AFP

☆ An Army veteran spent 2 years looking for his missing son in the desert. Now, he's running for Congress.
▼ + stars: | 2024-06-06 | by ( Matthew Loh | ) www.businessinsider.com time to read: +10 min

Read previewEvery fortnight or so, David Robinson starts his YouTube livestream, upbeat and all smiles. "It's inexcusable for us to have as many missing persons cases in this country as we do," he said in a stream on March 10. David Robinson speaks about his run for US Congress on his YouTube livestream. In 2021, almost 40% of the 521,000 persons reported missing in the US involved missing persons of color. The International Commission on Missing Persons told BI it's "impossible" to estimate the average cost of a search and recovery operation.

Persons: —, David Robinson, Robinson, Daniel, It's, Robinson's GoFundMe, he's, He's, Joe Wilson, Daniel Robinson, David Robinson Robinson, undressed, who'd, Daniel ., hasn't, Daniel's, YouTuber Gabby Petito, Gabby Petito, HelpFindDaniel, Petito, Petito's, Tammy Phillips, Phillips, Wilson Organizations: Service, YouTube, Army, Business, Democratic, National, Police, Buckeye Police Department, BI, Twitter, Buckeye, TNS, ABACA, Reuters, Commission, Congress, US Locations: Arizona, South Carolina, Buckeye , Arizona, Tempe, Afghanistan, Texas, Robinson's district

☆ How are Trump’s legal bills and the 2024 campaigns being funded? There’s a lot we don’t know
▼ + stars: | 2024-06-05 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +9 min

WOLF: How has the drain of his legal problems affected Trump’s campaign war chest? SCHOUTEN: We really don’t have the full picture of legal expenses from campaign finance reports. Senior advisers have told CNN that Trump is paying some of his legal expenses out of pocket, for instance. Bradley Crate, the treasurer of Trump’s campaign, oversees Red Curve. Neither Crate nor the Trump campaign have responded to CNN’s inquiries about the complaint.

Persons: Donald Trump, Fredreka Schouten, Trump, –, Todd Blanche, Stormy Daniels, WOLF, that’s, We’ve, Rhona Graff, Bradley Crate, Joe Biden’s, we’ve, Casey Tolan, David Wright, That’s Organizations: CNN, Trump, House, MAGA Inc, Save, Republican National Committee, America, Federal, Leadership, Trump Organization, New, Legal Center, Curve, Commission, Center, Biden, Republican Locations: New York, Manhattan, York

☆ Analysis: Voters reject Modi’s vision for one-party state in India’s 2024 election
▼ + stars: | 2024-06-05 | by ( Rhea Mogul | ) edition.cnn.com time to read: +7 min

According to most polls, India’s election was a foregone conclusion. Prime Minister Narendra Modi’s right-wing, Hindu-nationalist alliance was expected to secure a supermajority – and with it the power to enact radical change unopposed. To Modi’s critics and opponents, India was on the fast track to becoming a de-facto one-party state. Going into this election, Modi had set a goal of winning 400 seats in the lower house of parliament, or Lok Sabha. The BJP’s inability to secure an outright majority “pricks the bubble of Modi’s authority,” wrote political scientist Pratap Bhanu Mehta Tuesday night.

Persons: Narendra Modi’s, Modi, Bharatiya Janata Party wouldn’t, God, ”, Pratap Bhanu Mehta, “, Jawaharlal Nehru, Ritesh Shukla, Arathi Jerath, India’s, Arvind Kejriwal, Critics, –, ” Mehta, Sanjay Singh, “ Modi, Neelanjan Sircar Organizations: CNN, Bharatiya Janata Party, …, BJP, Aadmi Party, ‘, National Democratic Alliance, Center for Policy Research Locations: India, Lok Sabha, –, Ayodhya, New Delhi, Delhi

☆ Three big questions about Biden’s new border plan
▼ + stars: | 2024-06-05 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +5 min

CNN —With an election looming, President Biden’s new executive action on the border aims to send a loud and clear message about his approach to immigration. The president’s proclamation, announced Tuesday, still allows for the normal flow of commerce and legal immigration across the border. But it bars migrants who cross the border illegally from seeking asylum once a daily threshold is met. Border authorities encountered around 3,500 migrants crossing the border unlawfully on Monday, according to a Homeland Security official, above the threshold needed for the executive action to take effect. And immigrant rights advocates warn that closing the border to asylum seekers will endanger vulnerable people and ultimately make the border less safe.

Persons: Biden’s, Biden, that’s, It’s, Joe Biden, Al Drago, we’ve, Andres Manuel Lopez Obrador, haven’t, “, Claudia Sheinbaum’s, she’s, she’ll, Lopez Obrador, they’d, Trump, CNN’s Rosa Flores, Priscilla Alvarez, Donald Judd, Ana Melgar, Karol Suarez Organizations: CNN, Homeland Security, Border, Congress, Bloomberg, Getty, Biden, Civil Liberties Union, ACLU Locations: Mexico, America, Caribbean

☆ Trump ally Nigel Farage's return could be an 'extinction event' for the Conservatives ahead of UK election
▼ + stars: | 2024-06-04 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

Honorary President of the Britain's right-wing populist party Reform UK and newly appointed leader Nigel Farage speaks during a campaign meeting, on June 3, 2024, ahead of the UK general election of July 4. Nigel Farage on June 3, 2024 said he would stand as a candidate for the anti-immigration Reform UK party at the UK general election next month, after initially ruling out running. LONDON — The shock return of Brexit figurehead Nigel Farage to the political fray could be the final nail in the coffin for Prime Minister Rishi Sunak's ruling Conservative Party ahead of its almost certain defeat in the upcoming U.K. elections. But, critically, it threatens to deprive key votes from the Conservatives, who are already trailing opposition Labour in the polls by a dramatic margin. "Even if Reform don't win seats, they'll drain key votes away from the Conservatives," Olivia O'Sullivan, director of Chatham House's U.K. in the World programme, told CNBC over the phone.

Persons: Nigel Farage, Rishi Sunak's, Farage, Donald Trump, —, Olivia O'Sullivan, Tony Blair's, Keir Starmer, Tony Travers Organizations: Reform UK, UK, Conservative Party, U.S, Reform, Brexit Party, Conservatives, Labour, Chatham House's, CNBC, London School of Economics, Party Locations: Clacton, England

☆ We're buying more of a stock that should rally when the Fed starts cutting rates
▼ + stars: | 2024-06-04 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

We are buying 50 shares of Stanley Black & Decker at roughly $83.89. Following the trade, Jim Cramer's Charitable Trust will own 890 shares of SWK, increasing its weighting to 2.33% from 2.20%. The bear case around Stanley Black & Decker can be summed up in one line: mortgage rates are too high. We're not trying to forecast when the cutting will start, but we like the idea of holding onto a name like Stanley Black & Decker for when it happens. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Stanley Black, Decker, Jim Cramer's, Jim, We're, Jim Cramer Organizations: Stanley, SWK, Barclays, Home, Federal Reserve, CNBC

☆ Soccer star Mbappe reportedly set to receive bonus of at least $108 million in Real Madrid move
▼ + stars: | 2024-06-04 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +2 min

French soccer star Kylian Mbappe will reportedly receive a signing-on bonus of at least £85 million, or $108.4 million, over the next five years after completing his much-anticipated move to Spanish giant Real Madrid. The 25-year-old World Cup winner is expected to officially join Real Madrid on a free transfer when his contract with Paris Saint-Germain expires at the end of June. A spokesperson for Real Madrid did not immediately respond to CNBC's request for comment. One of the photos showed Mbappe meeting former Real Madrid player and five-time Ballon d'Or winner Cristiano Ronaldo. Confirmation of Mbappe's move to Real Madrid came shortly after the Spanish club won the Champions League final for a record-extending 15th time.

Persons: Kylian Mbappe, Germain, Mbappe, Ballon, Cristiano Ronaldo Organizations: UEFA, Real, Mbappe, Real Madrid, Paris Saint, Media, Sky Sports, BBC, CNBC, Spanish, Champions League, Ligue Locations: Clairefontaine, Yvelines, French, Spanish, Real Madrid, Madrid, Real

☆ Here are Tuesday's biggest analyst calls: Apple, Nvidia, Netflix, Broadcom, Micron, Nike, Alphabet, First Solar & more
▼ + stars: | 2024-06-04 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Bank of America reiterates Alphabet as buy Bank of America said it's sticking with its buy rating on the search giant. Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's bullish heading into Apple's Worldwide Developers Conference. Morgan Stanley initiates Zeekr as overweight Morgan Stanley said it's bullish on shares of the electric vehicle company. Bank of America reiterates Nike as buy Bank of America said it's standing by its buy rating on shares of Nike. Morgan Stanley reiterates First Solar as overweight Morgan Stanley raised its price target on the stock to $331 per share from $248.

Persons: Oppenheimer, it's, JPMorgan, Morgan Stanley, Apple, Canaccord, ZEEKR, Barclays downgrades Stanley Black, Decker, Piper Sandler, Tesla, Piper, Bernstein, Wells, Guggenheim, Goldman Sachs, Goldman, MAXN, Mizuho, Linde, Williams, Columbus McKinnon Organizations: JPMorgan, Netflix, Price, Bank of America, Apple's Worldwide, " Bank of America, Nvidia, NVIDIA Corp, DraftKings Inc, Kirby Corp, FedEx Corp, Marvell Technology, Barclays, Tesla, Broadcom, Express, Logitech, UW, Autonomy, Nike, Mizuho, SUN, Kinder Morgan, Nat, Micron, Columbus Locations: OW, Kinder

☆ Why Biden’s escalation on Trump guilty verdict is so significant
▼ + stars: | 2024-06-04 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

Other Trump cases are in suspended animationTwo federal cases against Trump, in which he’s also pleaded not guilty, are in a holding pattern. At the same time, multiple disputes in pre-trial motions have put the looming federal trial in Florida over Trump’s alleged mishandling of classified documents into suspended animation. But if Trump wins, he could appoint an attorney general who could halt the federal cases in their tracks. Garland is also likely to face scrutiny over the Hunter Biden trial. Republicans celebrated when a plea deal, which they saw as “sweetheart” treatment for Hunter Biden, collapsed in court.

Persons: Joe Biden’s, Donald Trump, ”, ” Biden, Hunter, Biden, Trump, Fani Willis, —, ’, Willis, he’s, Jack Smith’s, Aileen Cannon, Ty Cobb, CNN’s Erin Burnett, “, it’s, ” Cobb, Cobb, Hunter Biden, who’s, marveling, Joe Biden, Biden’s, Juan Merchan, “ I’m, Adam Schiff, Kasie Hunt, General Merrick Garland, Garland, Robert Hur’s, New Jersey Democratic Sen, Robert Menendez Organizations: CNN, Republican, Democratic, Republicans, Trump, Georgia, US, Department, Trump White House, Fox News, Capitol, California Democrat, House Republicans, New Jersey Democratic Locations: Connecticut, New York, Georgia, Fulton County, Florida, York, Delaware, Trump, “ State, California, Washington

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