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☆ Goldman Sachs was very supportive of me coming out as trans, says former managing director
▼ + stars: | 2023-08-14 | 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 EmailGoldman Sachs was very supportive of me coming out as trans, says former managing directorMaeve DuVally, author and former Goldman Sachs managing director, joins 'Squawk on the Street' to discuss DuVally's experience coming out as transgender at Goldman Sachs, the silence DuVally experienced from investment bankers, and more.

Persons: Goldman Sachs, Maeve DuVally

☆ I was at Goldman Sachs when I came out as a trans woman. I wondered if my colleagues thought I was a freak the first time they saw me with makeup on.
▼ + stars: | 2023-08-13 | by ( Maeve Duvally | ) www.businessinsider.com time to read: +6 min

Maeve Duvally is a former Goldman Sachs executive who came out as transgender in 2019. For most of my career at Goldman Sachs, I commuted from Pound Ridge into the City, got off the train and jogged to work. Rushing toward the exit, I nearly bumped into a Goldman Sachs hospitality person who I didn't really recognize though I probably passed him several times a week. I crept out of the auditorium and willed myself to the last obstacle, the turnstiles, after which I was free of Goldman Sachs and worry. Maeve DuVally is a former Goldman Sachs executive and author of "Maeve Rising: Coming Out Trans in Corporate America."

Persons: Maeve Duvally, Goldman Sachs, Maeve, Hugo Boss, Clark Kent, Maeve DuVally Organizations: Goldman, Corporate, City, AA, Wonder, Bloomberg Locations: Atacama, Asia

☆ The sizzling stock rally is under threat, and company profits could shrink as consumers feel the squeeze, JPMorgan strategist says
▼ + stars: | 2023-08-10 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +3 min

2023's blistering stock rally is under threat, according to a top JPMorgan Asset Management strategist. The impact of banking chaos could soon start to weigh on stocks, David Lebovitz said. Ahead of Thursday's inflation report, Lebovitz also commented on company margins and whether sticky costs will weigh on firms' pricing power. "When we look at the consumer, the consumer looks fine today, but the consumer is beginning to bend. That's going to undermine the pricing power that's allowed a lot of these companies to keep their heads above water," he added.

Persons: David Lebovitz, Lebovitz, that's, David Rosenberg Organizations: JPMorgan Asset Management, Service, Bloomberg, Nasdaq Locations: Wall, Silicon

☆ Japan says cannot confirm leakage after report says China hacked defence networks
▼ + stars: | 2023-08-08 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Kacper Pempel/File PhotoTOKYO, Aug 8 (Reuters) - Japan cannot confirm if any security information has been leaked, the top government spokesperson said on Tuesday when asked about a Washington Post report on Chinese hacking into its defence cyber networks. Chinese military hackers gained access to a classified defence network in Japan beginning in 2020, accessing information about the U.S. ally's military capabilities, plans and assessments of shortcomings, the Washington Post reported on Monday, citing senior officials. Speaking at a regular press briefing on Tuesday, Japan's Chief Cabinet Secretary Hirokazu Matsuno said Japan and U.S. have always been in close communication on various levels. Matsuno also said that cyber security is the foundation for maintaining the Japan-U.S. alliance, and that Japan will continue to work to keep its network firm and secure. Meanwhile, Japan's slow response to improve its cyber network could impede greater intelligence sharing between the Pentagon and Japan's Defence Ministry, the Washington Post said, citing officials.

Persons: Kacper, Hirokazu Matsuno, haven't, Matsuno, Mariko Katsumura, Raju Gopalakrishnan Organizations: REUTERS, Washington Post, U.S . National Security Agency, Pentagon, Japan's Defence Ministry, Thomson Locations: Japan, Tokyo, U.S, Beijing

☆ CNBC Daily Open: Alphabet rises as Microsoft sinks
▼ + stars: | 2023-07-26 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Passing grade for AlphabetAlphabet shares rose more than 6% in extended trading after the company reported better-than-expected revenue and profit. Second-quarter revenue rose 7% year over year to $74.6 billion, boosted by a 28% jump in revenue in Google's cloud unit. Revenue rose 8% from a year earlier to hit $56.19 billion, though revenue growth in Azure, Microsoft's cloud computing platform, slowed.

Persons: —, Qin Gang, Wang Yi, Qin, Bob Pisani Organizations: CNBC, Microsoft Investors, Revenue, Dow Jones Industrial, Qin Locations: China, Beijing, Vietnam, Sri Lanka, Russia

☆ How Ally Financial made women's sports a key focus in its marketing strategy and how it's measuring the results
▼ + stars: | 2023-07-24 | by ( Margaret Fleming | ) www.businessinsider.com time to read: +4 min

Ally Financial made a pledge last year to invest equally in men's and women's sports media. The company is dropping a commercial featuring female athletes during the FIFA Women's World Cup. A year ago, an internal audit by Ally Financial revealed the company had spent 90% of its sports-media marketing budget on men's sports. The brand also signed 10 female athletes to create Team Ally, a group that posts about one another's games and increases visibility for women's sports. Notre Dame lacrosse player Kasey Choma, who's also part of Team Ally, is featured scoring a goal.

Persons: Ally Financial, Billie Jean King, Sophia Smith, Stephanie Marciano, it's, Ally, Marciano, Kasey Choma, who's, Choma, she's Organizations: FIFA, US Women's National Team, Ally, Labs, CBS, ESPN, INC, Fox, Notre Dame, Yale, III Locations: men's, Australia, New Zealand, US, Germany

☆ Stock Market Today: Dow Opens Higher; Netflix, Tesla Stocks in Focus
▼ + stars: | 2023-07-20 | by ( ) www.wsj.com time to read: +1 min

A selloff in Netflix and Tesla shares weighed on the S&P 500 and the Nasdaq Composite, denting investor optimism about the second-quarter earnings season after largely reassuring bank results. Netflix slid after the company reported revenue that fell short of its own projections , despite adding 5.9 million subscribers. Tesla fell after Chief Executive Officer Elon Musk cautioned that the company might need to cut prices further . The S&P 500 and Nasdaq Composite were down. Chip stocks fell, pulled down by a disappointing update from Taiwan Semiconductor Manufacturing Co., the world’s biggest contract chip maker.

Persons: Tesla, Elon Musk, Stocks, Dow industrials Organizations: Netflix, Tesla, Nasdaq, Truist, Zions Bancorp, Taiwan Semiconductor Manufacturing Co

☆ Ally Financial made a huge commitment to invest in women's sports. Here's how it's going.
▼ + stars: | 2023-07-20 | by ( Margaret Fleming | ) www.businessinsider.com time to read: +4 min

Ally Financial made a pledge last year to invest equally in men's and women's sports. The company is dropping a commercial featuring female athletes during the FIFA Women's World Cup. The brand also signed 10 female athletes to create Team Ally, a group that posts about one another's games and increases visibility for women's sports. Its latest effort, the Women's World Cup commercial, will premiere on Fox and run throughout the year. Notre Dame lacrosse player Kasey Choma, who's also part of Team Ally, is featured scoring a goal.

"For hedge funds, shorts have been a challenge since early June especially," JPMorgan said, adding the unwinding of short positions got "extreme" in recent days. The outcome for hedge funds has not been good. Overall, hedge funds went up 3.45% in the first half of the year, lagging the main stock indexes. Net buying, which excludes stocks sold, reached its largest level since October last year, according to Goldman Sachs. Still, hedge funds also shorted more single stocks, mainly in sectors like staples, communication services and info tech, according to Goldman Sachs.

Persons: JPMorgan Chase, Goldman Sachs, Carolina Mandl, Nell Mackenzie, Nick Zieminski Organizations: Global, JPMorgan, Nasdaq, Thomson Locations: U.S, New York, London

About Ally Invest Robo PortfoliosAlly Invest Robo Portfolios is an Ally Financial-affiliated automated account offering investing without fees for US residents. Ally Invest Robo Portfolios FeesAlly Invest Robo Portfolios doesn't charge trading fees, advisory fees, annual fees, or rebalancing. Methodology: How We Reviewed Ally Invest Robo PortfoliosAlly Invest Robo Portfolios is a robo-advisor that was reviewed using Personal Finance Insider's rating methodology for investing platforms. How Ally Invest Robo Portfolio ComparesAlly Invest Robo Portfolios vs. Fidelity GoIf you're a hands-off investor in search of automated portfolio management, Ally Invest Robo Portfolios and Fidelity Go are both popular robo-advisors. Ally Invest Robo Portfolios vs. Schwab Intelligent PortfoliosAlly Invest Robo Portfolios and Charles Schwab's most basic automated account, Charles Schwab Intelligent Portfolios, both offer competitive automated investing services.

Persons: Ally, Ally Invest's, Ally Invest, it's, It's, you'll, Roth, Charles Schwab, Schwab, Charles Schwab's, brokerages, Rickie Houston, Rickie, He's, Read, Elias Shaya, Elias, Tessa Campbell Organizations: Reading Chevron, Financial, Ally Invest, Better, Bureau, BBB, Financial Inc, Invest, IRS, Roth IRA, Investment, Vanguard, Fidelity, Finance, Schwab, Business, Boston Globe, Yahoo News, Boston University, Boston University News Service, CUNY College of, New York Presbyterian Hospital Locations: New York City, CUNY College of Staten Island, Lebanon

☆ McDonald's and Wendy's are giving out free fries for National French Fry Day: How to claim yours
▼ + stars: | 2023-07-12 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

The burger chain is giving customers a complimentary order of fries on Thursday, July 13 in honor of National French Fry Day. To get the world famous spuds, customers will need to make a free account on the McDonald's smartphone app. You can download the McDonald's app here. But McDonald's isn't the only fast food joint offering free fries this week. Fatburger, meanwhile, is offering free fries with any in-store purchase or online order made using the code "FrenchFryDay22" from July 13 to July 19.

Persons: McDonald's, Fry, Fatburger, Warren Buffett Organizations: National

[1/5] German Patriot air defence system units are seen at the Vilnius airport in Vilnius, Lithuania July 7, 2023. Many are also providing advanced air defence systems which the Baltic states lack. But for the region with total population of about 6 million people, this is not enough to sustain large militaries, invest in their own fighter jets or advanced air defence. NATO is NATO, and we feel ourselves safe because we are in NATO. He added that he feared waves of migrants at the border, or border violations, or military vehicles appearing at the border without explanation.

Persons: Janis Laizans, Joe Biden, Biden, Gitanas Nauseda, Caesar, Wagner, Edvard Rynkun, Elena Tarasevic, Col Steffen Lieb, Rustamas Liubajevas, Sabine Siebold, John Irish, William Maclean Organizations: Patriot, REUTERS, NATO, Belarus Allies, Baltic, European Union, Reuters, Wagner, Thomson Locations: Vilnius, Lithuania, Belarus, KANIUKAI, Russia, Baltic, Estonia, Latvia, Germany, Spain, France, Finland, Denmark, United Kingdom, Poland, Kaniukai, Ukraine, Kaliningrad, Russian, Minsk

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Persons: —, you've, Wells, Banks, Foster, Ally, you’ll, Charles Schwab, Chase, Wells Fargo Organizations: Service, Bank of America, Credit Union, Chevron, Alliant Credit Union, Express, American Express, FDIC, Reading Chevron, Axos, Axos Bank, Blue Federal, Blue Foundation, NOVA, Capital, Schwab, Savings, Chase Bank, Overdraft, Chase, locator.chase.com, Green, Banking, The Bancorp Bank, Stride Bank, N.A, CIT Bank, Bank, FDIC CIT Bank, CIT, Connect, Citi, Member FDIC Citi, BBB, Consumers Credit, Credit, Consumers Credit Union, Delta Community Credit, Community Credit, Utah Free, Discover, Discover Bank, FDIC Discover, Falcon International, International, Falcon International Bank, International Bank of Commerce, American, Laredo Federal Credit Union, Latino Community Development Center, North Carolina, Community Credit Union, Latino Community Credit, Navy Federal Free, Federal Free, NCUA Navy Federal Free, Navy Federal Credit Union, Department of Defense, Premier, LifeGreen, Regions Bank, City Federal Credit, River City Federal Credit, Federal Credit, City Federal Credit Union, Employees Credit, NCUA, State Employees Credit Union, Member, Service Credit Union, American Consumer, Security, Security Service, UT, Stripes, Security Service Credit Union, The Security, Synchrony Bank, . Bank, U.S, Bank's Locations: Chevron, Colorado and Wyoming, NY, LA, TX, VA, NJ, Washington, Alaska, Hawaii, Puerto Rico, CA, CT, FL, Chicago , Illinois, eDocuments, Metro Atlanta , Georgia, Kentucky , Texas, Georgia, Texas, AZ, Arizona , California, Colorado, Oklahoma, Laredo, North Carolina, Charlotte, Piedmont Triad, North, American, City, River City, River, San Antonio , Texas, Bexar County, Europe, New Hampshire, Massachusetts, Colorado , Texas, Utah

☆ Wall St Week Ahead After first-half rally, stocks' July winning streak on the line
▼ + stars: | 2023-06-30 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +5 min

The S&P 500 defied recession fears and a U.S. banking crisis to notch a 15.9% gain in the first half. The S&P 500 (.SPX) has posted a positive return in eight consecutive Julys, and the tech-heavy Nasdaq 100 index (.NDX) has climbed in July for 15 straight years. S&P 500 companies are expected to post an overall drop in earnings of 5.7% from the year-earlier period, according to Refinitiv IBES. The S&P 500 is trading at 19.1 times forward earnings estimates, well above its historic average P/E of 15.6 times, according to Refinitiv Datastream. "At some point, this move in interest rates has got to have some consequences for the markets," Matt Maley, chief market strategist at Miller Tabak, said in a note on Friday.

Persons: Brendan McDermid, ”, Mona Mahajan, Edward Jones, Omar Aguilar, Refinitiv IBES, “, John Lynch, Refinitiv, Matt Maley, Miller Tabak, Lewis Krauskopf, Ira Iosebashvili, David Gregorio Our Organizations: New York Stock Exchange, REUTERS, Federal, Nasdaq, ” Reuters, American Association of, Fed, Schwab Asset Management, Apple, Microsoft, Nvidia, Comerica Wealth Management, Treasury, Deutsche Bank, UBS Global Wealth Management, UBS, Thomson Locations: New York City, U.S

☆ Watch CNBC's full interview with Solus' Dan Greenhaus and Requisite Capital's Bryn Talkington
▼ + stars: | 2023-06-23 | 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 EmailWatch CNBC's full interview with Solus' Dan Greenhaus and Requisite Capital's Bryn TalkingtonDan Greenhaus, Solus Alternative Asset Management chief strategist, and Requisite Capital's Bryn Talkington, join 'Closing Bell' to discuss the rally's sustainability and market resiliency.

Persons: Solus, Dan Greenhaus, Bryn, Bryn Talkington Organizations: Asset Management

☆ The market continues to not believe the Fed, says Solus' Dan Greenhaus
▼ + stars: | 2023-06-23 | 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 EmailThe market continues to not believe the Fed, says Solus' Dan GreenhausDan Greenhaus, Solus Alternative Asset Management chief strategist, joins 'Closing Bell' to discuss the rally's sustainability and market resiliency.

Persons: Solus, Dan Greenhaus Dan Greenhaus Organizations: Asset Management

French President Emmanuel Macron held a 90-minute call with Iranian President Ebrahim Raisi on June 10. Thousands of supportive rallies have been held around the world since her death September, although the nationwide unrest has subsided after Iranian security police clamped down on it. ABORTIVE PLOTNunez's letter put the July 1 NCRI rally in the context of the abortive plot led by Vienna-based Iranian diplomat Assadolah Assadi in October 2018 and three others. "Partner countries have in this regard recently mentioned many planned violent attacks, potentially targeting Iranian opposition figures." The letter said there was also an elevated risk of conflict between the NCRI and rival Iranian opposition groups at the rally, although there had been no incidents at past rallies.

Persons: Gonzalo Fuentes, Ban, Emmanuel Macron, Ebrahim Raisi, Laurent Nunez, Shahin Gobadi, Assadolah Assadi, Assadi, Nunez, John Irish, Mark Heinrich Our Organizations: REUTERS, Paris, Reuters, Council of Resistance, People's Mujahideen Organisation of Iran, Foreign Affairs, Thomson Locations: Paris, France, Iran PARIS, Iran, Tehran, Islamic Republic, IRAN, United States, Israel, Vienna, Belgium, Europe, Iranian, Paris , Washington, Saudi, Riyadh

☆ The tech rally is entering the bubble domain, says JPMorgan's Marko Kolanovic
▼ + stars: | 2023-06-07 | 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 EmailThe tech rally is entering the bubble domain, says JPMorgan's Marko KolanovicMarko Kolanovic, JPMorgan chief global markets strategist, joins 'Closing Bell' to discuss the tech rally's run and markets.

Persons: JPMorgan's Marko Kolanovic Marko Kolanovic Organizations: JPMorgan

☆ CNBC Daily Open: A Goldilocks jobs market?
▼ + stars: | 2023-06-05 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. And yes, the astounding number of new jobs added in May suggests that the labor market is still robust, which might add to inflationary pressures. Average hourly earnings were 10 basis points lower than forecast on an annual basis — but still higher than the historical average. That impressive showing doesn't bring the Russell to par with the S&P's gain year to date, but in the past week, the Russell rose 3.3% while the S&P added 1.8%.

Persons: Biden, that's, Terry Sandven, CNBC's Ari Levy, Russell, it's Organizations: CNBC, Federal Reserve, U.S, Bank Wealth Management, Markets, Dow Jones, Nasdaq Locations: U.S

☆ CNBC Daily Open: The Goldilocks effect
▼ + stars: | 2023-06-05 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Average hourly earnings were 10 basis points lower than forecast on an annual basis — but still higher than the historical average. "The so-called Goldilocks has entered the house," Terry Sandven, chief equity strategist at U.S. Bank Wealth Management, said. That impressive showing doesn't bring the Russell to par with the S&P's gain year to date, but in the past week, the Russell rose 3.3% while the S&P added 1.8%.

Persons: Joe Biden, Biden, that's, Terry Sandven, CNBC's Ari Levy, Russell, it's Organizations: White, CNBC, Federal Reserve, U.S, Bank Wealth Management, Markets, Dow Jones, Nasdaq Locations: Washington , DC, U.S

☆ Trumpworld is attacking DeSantis over his inconsistent name pronunciation: 'If you can't get your name right, how can you lead a country?'
▼ + stars: | 2023-06-01 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Trump's campaign jabbed at Ron DeSantis over his changing pronunciation of his last name. a Trump campaign spokesperson said. "Ron DeSantis is a phony who can't decide how to pronounce his name," Trump campaign spokesperson Steven Cheung said in a statement first obtained by Axios. asked a Twitter and Truth Social user who goes by the handle @_johnnymaga who assembled the video Trump shared in March. Correction: June 1, 2023 — An earlier version of this story misspelled the last name of a Trump spokesperson.

Persons: Ron DeSantis, DeSantis, —, Donald Trump's, Trump, Steven Cheung, Jack Heath, he's, Casey DeSantis, Santis, Dee Organizations: Trump, Service, Florida Gov, Axios, Good, Tampa Bay Times, Fox News Locations: Dee, New Hampshire

☆ CNBC Daily Open: The A.I. rally's too narrow
▼ + stars: | 2023-05-31 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

Everyone else, however, is a bystander reaping no benefits — and that could have implications for broader markets. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Everyone else, however, isn't so much a loser, but a bystander reaping no benefits — and that could have implications for broader markets. Subscribe here to get this report sent directly to your inbox each morning before markets open.

Persons: Jensen Huang, Wood, We're, Andrew Smith, Javed Mirza, Ataman Ozyildirim, we've Organizations: Nvidia, CNBC, . Semiconductor, Marvell, Broadcom, Big Tech, Apple, Microsoft, Delos Capital Advisors, Conference, The Conference Board Locations: Taipei, Dallas, Canada, U.S

Companies Baker Hughes Co FollowMay 29 (Reuters) - Oil prices rose on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer, although concerns about further interest rate hikes capped gains. Analysts said the provisional deal has taken pressure off the markets, offering a relief rally in risk assets, including crude oil. Analysts see the boost in oil prices from the debt deal as short-lived. "Higher U.S. rates are a headwind for crude oil demand," he added. Future oil output growth in the U.S., the world's biggest producer, also may slow as energy firms cut rigs for a fourth week.

☆ Oil rises after US leaders strike provisional debt deal
▼ + stars: | 2023-05-29 | by ( Florence Tan | ) www.reuters.com time to read: +3 min

Companies Baker Hughes Co FollowSINGAPORE, May 29 (Reuters) - Oil prices rose on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer, although concerns about further interest rate hikes capped gains. "The tentative debt deal offered a relief rally in risk assets, including crude oil," said Tina Teng, a CMC Markets analyst. Analysts see the boost in oil prices from the debt deal as short-lived. "Higher U.S. rates are a headwind for crude oil demand," he added. Future oil output growth in the U.S., the world's biggest producer, also may slow as energy firms cut rigs for a fourth week.

☆ Oil rises after U.S. leaders strike provisional debt deal
▼ + stars: | 2023-05-29 | by ( ) www.cnbc.com time to read: +3 min

Oil prices rose on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer, although concerns about further interest rate hikes capped gains. "The tentative debt deal offered a relief rally in risk assets, including crude oil," said Tina Teng, a CMC Markets analyst. Analysts see the boost in oil prices from the debt deal as short-lived. "Higher U.S. rates are a headwind for crude oil demand," he added. Future oil output growth in the U.S., the world's biggest producer, also may slow as energy firms cut rigs for a fourth week.

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