DIRS.INFO The most relevant business & tech news

☆ Poland's arms spat with Ukraine has angered many in Europe, and it's only good news for Putin
▼ + stars: | 2023-09-23 | by ( Luke Mcgee | ) edition.cnn.com time to read: +7 min

A senior EU diplomat told CNN: “Ukraine already offered Poland a solution on grain. The country is currently trying to join both the EU and NATO, for which it has unanimous support. Most EU member states accept that in order to accommodate Ukraine, there will need to be substantial reform to how the EU operates. The final reason that officials across Europe are furious about this week’s events is that it hands Russian President Vladimir Putin a propaganda coup. Kremlin spokesperson Dmitry Peskov, when asked about the spat, used it to say “there are certain tensions between Warsaw and Kyiv.

Persons: Volodymyr Zelensky, Russia’s, Zelensky, Mateusz Morawiecki, Andrzej Duda, Angela Weiss, Wojtek Jargilo, ”, –, Poland –, Vladimir Putin, Dmitry Peskov Organizations: CNN, Ukraine, European Union, EU, Justice, UN, Getty, NATO, “, EU Commission, Kremlin Locations: Poland, Warsaw, Kyiv, Ukraine, Hungary, Slovakia, Europe, Polish, ” Poland, New York City, ”, Russia, EU, “ Ukraine, “, Brussels

☆ Climate change is already costing us money, but we have a chance to limit the worst of it and prosper. Here's how.
▼ + stars: | 2023-09-21 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +12 min

But to get there, we'll need to spend a lot of money up front and be real about the climate costs we're already paying — even if we don't always notice them. The full costs of extreme weather are often hiddenThe biggest fires, floods, and heat waves tend to draw headlines. But for years, the more subtle effects of extreme weather had gone pretty much unnoticed. This situation could be made worse by a looming financial "mega shock," which could arise as more people wake up to the reality of the climate crisis, Butler said. The Biden administration has already earmarked $52 billion to tackle the climate crisis for 2024.

Persons: —, Amir Jina, It's, Jina, Idalia, Joe Raedle, Creon Butler, Mario Tama, Butler, haven't, ANGELA WEISS, Hurricane Ian, Matias J, Biden, That's, We've, it's, Bulter Organizations: University of Chicago, Getty, Insurance, Miami Herald, Tribune, Service, UN, Intellectual, Organization Locations: Tarpon Springs , Florida, London, New York City, , Florida, Hurricane, Botswana, Denmark, Namibia

See below for some of the red carpet’s best looks so far. Johnny Nunez/Getty ImagesTinashe Gilbert Flores/Variety/Getty ImagesChloe Bailey Andrew Kelly/ReutersMåneskin mastered ensemble dressing in a selection of complementary outfits by Rick Owens. Jamie McCarthy/WireImage/Getty ImagesOlivia Rodrigo brought the sparkle in a low-cut bejeweled Ludovic de Saint Sernin silver gown made of 150,000 Swarovski crystals. Gilbert Flores/Variety/Getty ImagesColton Haynes Dimitrios Kambouris/Getty ImagesKarol G embraced the see-through trend in a sparkling sheer beige dress by French label Ashi Studio. Dia Dipasupil/FilmMagic/Getty ImagesOffset Evan Agostini/Invision/APDemi Lovato Jamie McCarthy/WireImage/Getty Images

Persons: ’, Mariah Carey’s risqué, Jared Leto, Emily Ratajkowski, Cardi, Dilara, Dipasupil, Selena Gomez Doug Peters, Shakira Noam Galai, Tiffany Haddish Gilbert Flores, Jared Leto Andrew Kelly, Doechii Jason Kempin, Billy Porter Kevin Mazur, Evan Agostini, Gilbert Flores, Anitta, Noam Galai, Bebe Rexha Angela Weiss, Stephen Sanchez, tote, Johnny Nunez, Tinashe Gilbert Flores, Chloe Bailey Andrew Kelly, Måneskin, Rick Owens, Angela Weiss, Ballerini, Jamie McCarthy, Olivia Rodrigo, Ludovic de Saint, Roger Vivier, Christopher Polk, Anthony Harvey, Megan Thee, Brandon Blackwood, Jacob &, Colton Haynes Dimitrios Kambouris, Karol G, Dia Dipasupil, Demi Lovato Jamie McCarthy Organizations: CNN, Prudential Center, Variety, Schiaparelli's, Couture, Getty, New York, Jewelry, Ashi, Dia Locations: Newark , New Jersey, Turkish, British, New

☆ Teenager Coco Gauff wins U.S. Open women’s final, defeating Aryna Sabalenka in three sets
▼ + stars: | 2023-09-09 | by ( David K. Li | ) www.cnbc.com time to read: +2 min

USA's Coco Gauff reactys as she plays Belarus's Aryna Sabalenka during the US Open tennis tournament women's singles final match at the USTA Billie Jean King National Tennis Center in New York on September 9, 2023. (Photo by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images)Coco Gauff won the U.S. Open women's final, becoming the latest Black American woman to leave a history-making mark on the most sacred grounds of U.S. tennisGauff bested Aryna Sabalenka of Belarus on Saturday 6-2 in the third set. Gibson won the U.S. National Championship women's singles titles in 1957 and 1958, a forerunner of the U.S. Open. Those six U.S. Open singles titles by Serena Williams are only matched by Chris Evert's half-dozen championships in the tournament's modern era, 1975-78 and 1980 and 1982. Correction: Coco Gauff won the U.S. Open in three sets.

Persons: USA's Coco Gauff reactys, Belarus's Aryna, USTA Billie Jean King, ANGELA WEISS, Coco Gauff, Gauff, Aryna Sabalenka, Gauff's, Serena Williams, Venus Williams, Althea Gibson, Gibson, Williams, Serena, Chris Evert's, Read, She's, Arthur Ashe Organizations: USTA, USTA Billie Jean King National Tennis Center, Getty, U.S, Arthur, National, U.S ., NBC Locations: New York, Belarus, Flushing Meadows , New York City, Gauff, Florida, U.S, Flushing Meadows, Queens

☆ Coco Gauff: How putting her life 'into perspective' helped tennis star handle the pressure during US Open run
▼ + stars: | 2023-09-07 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

Angela Weiss/AFP/Getty Images“I think that’s just part of life and just part of learning. Among the things that helped the most with that process, Gauff said, was putting her life “into perspective” when she started to feel overwhelmed. “That’s real pressure, that’s real hardship, that’s real life. Gauff has expertly handled the pressure during her US Open run. “So that’s the reason why, I think it’s just putting my life in perspective and realizing how grateful and blessed I am.”

Persons: Coco Gauff, Jelena Ostapenko, Gauff, “, ”, Angela Weiss, you’ve, wasn’t, I’m, Tim Clayto, ” Gauff Organizations: CNN, Getty Locations: New York, Latvian, Flushing Meadows

☆ The Club had a busy week of trades as the stock market recovered. Here's a run-down
▼ + stars: | 2023-09-01 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

The Club purchased 100 shares of Estee Lauder, at $154.11 each, bringing Estee Lauder's weighting in the portfolio to 2.32%, up from from 1.77%. The Club purchased 145 shares of GE HealthCare Technologies (GEHC), at $68.75 apiece, bringing its portfolio weighting to 2.66%, up from from 2.31%. The Club purchased 120 shares of Walt Disney (DIS), at $83.61 apiece, increasing its portfolio weighting to 3.89%, up from 3.55%. With the stock down nearly 6% midmorning Friday, the Club added 17 more shares , at $870.85 each, increasing the company's portfolio weighting to 2.02%. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Estee Lauder, Walt Disney, Bob Iger's, Jim Cramer's, Jim Cramer, Jim, Angela Weiss Organizations: Club, The, Devices, Broadcom, AMD, Nvidia, The Club, GE HealthCare Technologies, Management, Walt, Starbucks, Emerson Electric, Emerson, VMWare, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, AFP, Getty Locations: Here's, China, U.S, New York City

☆ US Open: Coco Gauff advances after convincing win against rising star Mirra Andreeva
▼ + stars: | 2023-08-30 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +3 min

CNN —In a matchup that could be an insight into the future of women’s tennis, Coco Gauff overcame Mirra Andreeva in straight sets to advance into the third round of the US Open. “I’m just used to the heat; I’m used to sweating. Gauff made lightwork of Andreeva in the sweltering conditions during their second-round match. Robert Prange/Getty ImagesDespite losing in convincing fashion to Gauff, at just 16 this is clearly just the beginning for Andreeva. Teenager Mirra Andreeva is one of tennis' rising stars and has impressed during her young career.

Persons: Coco Gauff, Mirra Andreeva, –, I’m, ” Gauff, Gauff, ”, Arthur Ashe, “ I’m, Robert Prange, Elise Mertens, America’s Danielle Collins, Mirra, Angela Weiss, Taylor Townsend, Brazil’s Beatriz Haddad Maia, Townsend, Magdalena Fręch Organizations: CNN, & Southern, Belgian, Getty Locations: Flushing Meadows, South Florida, Andreeva

☆ Here are 2 major themes to watch in the week ahead after Friday's market rally
▼ + stars: | 2023-08-26 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

As August is known to be, it's been a rough month-to-date for all three of those stock market benchmarks so far. This past week, the overall market was oversold, according to Jim Cramer's trusted S & P Oscillator. After Friday's strong finish, we'll see if the market's oversold condition abates as two major themes play out in the week ahead: Earnings from two Club names — Salesforce (CRM) and Broadcom (AVGO) — and key economic reports ahead of September's Fed meeting. Outside of the labor market and inflation, we'll also get a look at the housing market with the pending home sales on Wednesday. As we heard from fellow Club name Palo Alto Networks (PANW) last week, companies are growing more cautious and more closely scrutinizing large sales deals.

Persons: Jerome Powell's, Powell, it's, Jim Cramer's, Friday's, —, It's, we've, we'll, we're, Salesforce, AVGO, We're, Brown, Forman, Campbell Soup, LULU, Jim Cramer, Jim, Angela Weiss Organizations: Nasdaq, Federal, Nvidia, Dow Jones, Broadcom, Fed, Labor, Club, Palo Alto Networks, VMWare, HEICO Corporation, Bank of Montreal, BMO, Bank of Nova, Hewlett Packard Enterprise, HP, PVH Corp, Patterson Companies, Veeva Systems, UBS, Academy Sports, Hormel, Signet Jewelers, Dell Technologies, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, AFP, Getty Locations: Jackson Hole , Wyoming, China, Bank of Nova Scotia, New York City

☆ Here are the 8 trades and 3 price-target changes we made during a busy week
▼ + stars: | 2023-08-25 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +7 min

Monday Monday proved to be a harbinger for the rest of the week, beginning with purchases of GE Healthcare (GEHC) and Stanley Black & Decker (SWK). GE Healthcare and Stanley Black & Decker appeared especially attractive, leading us to buy 100 shares and 150 shares, respectively. For GEHC, we wanted to take advantage of what we believe was an unwarranted decline in the medical technology company's stock price. Our purchase of Starbucks represents another buying-into-post-earnings-weakness situation, as we did with Microsoft and Stanley Black & Decker earlier in the week. That's why on Thursday we took our Nvidia price target to $600 per share from $450, implying roughly 27% upside.

Persons: Jerome Powell's Jackson, Here's, Stanley Black, Decker, SWK, Nikesh Arora, Jim Cramer, that's, Locker, Locker's, —, Jim Cramer's, Jim, Angela Weiss Organizations: Federal, GE Healthcare, Microsoft, Palo Alto Networks, Big Tech, Amazon, Starbucks, Broadcom, Devices, Nvidia, Charitable, AMD, CNBC, Traders, New York Stock Exchange, AFP, Getty Locations: Danaher, New York City

☆ Oceans absorb 90% of the heat from climate change — here's why record ocean temps are so harmful
▼ + stars: | 2023-08-16 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +22 min

"Over 90 percent of the excess energy on earth due to climate change is found in warmer oceans, some of it in surface oceans and some at depth." Put simply, the greenhouse gases serve to trap more heat, some of which is absorbed by the ocean," Kirtman told CNBC. In addition to the daily record on July 31, the monthly sea surface temperature for July was the hottest July on record, "by far," Copernicus said. CopernicusThese record sea surface temperatures arise from multiple factors, including the El Niño weather pattern, which is currently in effect. "These climate variations occur when sea surface temperature patterns of warming and cooling self-reinforce by changing patterns of winds and precipitation that deepen the sea surface temperature changes."

Persons: Baylor, Carlos E, Del Castillo, Castillo, Benjamin Kirtman, Kirtman, Copernicus, Gavin Schmidt, Kemper, Zeke Hausfather, Sarah Kapnick, Kapnick, Kempler, Hurricane Ian, Michael Lowry, Lowry, Rainer Froese, Daniel Pauly, Pauly, Vigfus, pollack, Sean Gallup, Lorenz Hauser, Hauser, Froese, Phanor Montoya, Javier, Carolyn Cole, Hans W, Paerl, Justin Sullivan, Christopher Gobler, Gobler, Gary Griggs, Kimberly McKenna, Angela Weiss, Griggs, it's, Judith Kildow, Kildow, It's Organizations: International, Baylor Fox, Kemper, Brown University, CNBC, Ecology Laboratory, NASA, University of Miami, NASA Goddard Institute for Space Studies, Fox, El, Oceanic Atmospheric Administration, heatwave, NOAA, Northern Hemisphere, Miami Herald, Tribune, Service, Getty, Helmholtz, Ocean Research, University of British Columbia's Institute, Fisheries, School of, Fishery Sciences, Restoration Foundation, Coral Restoration Foundation, Looe Key, Los Angeles Times, University of North, Chapel Hill's Institute of Marine Sciences, Berkeley Marina, San, Quality, Centers for Disease Control, Stony Brooke University's School of Marine, Atmospheric Sciences, University of California, Stockton University Coastal Research, Afp, Ocean Economics Locations: Florida, El, Pacific, Berkeley, Fort Myers, Hurricane, Germany, New York, Nova Scotia, Hofn, Hornafjordur, Iceland, Seattle, Alaska, Looe, University of North Carolina, San Francisco Bay, Berkeley , California, San Francisco, Europe, Santa Cruz, Atlantic City , New Jersey, Atlantic City, Antarctica, Greenland

☆ Cadella Marley: Bob Marley instilled a love of football in his daughter. Now she’s changing the lives of women and girls in Jamaica
▼ + stars: | 2023-07-22 | by ( Matias Grez | ) edition.cnn.com time to read: +12 min

“I’m reading it … I’m like: ‘Wait, Jamaica has a women’s football team? Six years earlier, in 2008, underfunding had led to the Jamaican Football Federation (JFF) disbanding the women’s national team program. The women’s team disbanded again in 2016, but Marley never wavered in her commitment to the program. Marley’s work has helped not only improve standards and conditions for players, but also helped shift the country’s attitude towards the women’s national team. Qualifying to the knockouts will be difficult, but more history, this time a first Women’s World Cup win, is a real possibility.

Persons: Bob Marley, Cedella, “ Daddy, ” Marley, “, Ziggy, Steve, Pelé, Cadella, Joe Maher, underfunding, Marley, Ziggy Marley, Damien, –, Cedella Marley, Angela Weiss, ’, Havana Solaun, Khadija ‘ Bunny ’ Shaw, Jamaica's Khadija Shaw, Alfredo Estrella, Hue Menzies, Michael Ricketts, ”, Chinyelu Asher, ’ ” Asher, Asher, Bob Marley's, hasn’t, “ I’d, England’s Lionesses, I’ve, Bob Marley Foundation “, “ It’s Organizations: CNN — Football, CNN Sport, Soccer, Jamaican Football Federation, women’s, Bob Marley Foundation, Jamaica's, Getty, Ajax, Adidas, Friendship Sports, Havana, Manchester City, Super League, CNN, ” Reuters, Jamaica Locations: Jamaica, Caribbean, Amsterdam, Netherlands, Australia, New Zealand, Italy, Brazil, AFP, United States, France, Panama, Fort Lauderdale , Florida, Costa Rica, Kingston , Jamaica

☆ Amy Schumer surprises cast of ‘Joy Ride,’ praises their film as the ‘comedy of the summer’
▼ + stars: | 2023-07-01 | by ( Dan Heching | ) edition.cnn.com time to read: +1 min

CNN —The cast of new comedy “Joy Ride” was in for a treat on Friday, when legendary comic and actor Amy Schumer surprised them during their press tour in Miami. “Hi, this is Amy Schumer from Ilovejoyride.com,” Schumer joked while the cast stared at the screen with shocked looks. Amy Schumer in New York City in October 2022. I cannot tell you how much I loved this movie and how much I needed it.”“It is my girl, friend, everyone comedy of the summer,” Schumer added enthusiastically. Please.”She added that while watching “Joy Ride,” “I laughed, I cried, it was the ride of the summer and I love you all!”“Joy Ride,” directed by Adele Lim, co-screenwriter of “Crazy Rich Asians,” is set to hit theaters on July 7.

Persons: ”, Amy Schumer, Schumer, – Oscar, Stephanie Hsu, “ Emily, Ashley Park, Sherry Cola, Sabrina Wu –, ” Schumer, Angela Weiss, “, Amy, Adele Lim, Rich Organizations: CNN, Getty Locations: Miami, Paris, Ilovejoyride.com, New York City

☆ The stock market's gains are almost entirely concentrated in the 'Magnificent 7' - and that could mean a crash is coming
▼ + stars: | 2023-06-30 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Have you heard of the Magnificent Seven? This handful of Big Tech stocks have accounted for nearly all the market's gains in 2023. The names that make up the so-called Magnificent Seven are now the seven biggest US-listed stocks. Are you buying or selling the Magnificent Seven? Strategists from Goldman Sachs made the case for names they think will be low in volatility and high in returns.

Persons: I'm Phil Rosen, It's, you'll, let's, Tesla, there's, Minerva, Kathleen Brooks, John Hussman, Hussman, ANGELA WEISS, Goldman Sachs, Russell, Xi Jinping, Everyone's, Cleo Capital's Sarah Kunst, Phil Rosen, Max Adams, Hallam Bullock Organizations: Twitter, LinkedIn, Lionsgate, Nvidia, Tesla, Meta, Microsoft, Big Tech, Apple, Hussman Investment Trust, Getty, PLC, Costco Locations: New York, London

☆ All this AI hype could be distracting us from serious economic threats in the US
▼ + stars: | 2023-06-26 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Moving forward, we'll be highlighting the latest markets news in our daily flagship newsletter, Insider Today — be sure to sign up. The excitement around ChatGPT, AI, and related tech stocks is old news now, but Wall Street can't stop talking about it. Elon Musk, Nouriel Roubini, and a chorus of Wall Street firms have issued dire warnings. The country's slowing trade, weak industrial production numbers, and piling debt all ultimately present problems for Wall Street, which may be catching on to the risk. What do you see as the connection between economic troubles and AI hype?

Persons: Phil Rosen, —, It's, Pepper, Paco Freire, that's, Zahra Tayeb, Elon Musk, Roubini, Kelvin Wong, Angela Weiss, Wagner, Vladimir Putin, Gary Black's, Goldman Sachs, Morgan Stanley's Adam Jonas, Jason Ma, Jack Sommers Organizations: Getty, Nvidia, Federal, Street, Wall, Nasdaq, Carnival plc, Harvard, Elon Locations: New York, China, America, Los Angeles, London

☆ Bruce Willis: Daughter Tallulah opens up about father's dementia diagnosis
▼ + stars: | 2023-06-01 | by ( Issy Ronald | ) edition.cnn.com time to read: +4 min

CNN —Bruce Willis’ daughter, Tallulah, has revealed her difficulties coming to terms with her father’s frontotemporal dementia (FTD) diagnosis and shared details about its impact on her family’s life. “I keep flipping between the present and the past when I talk about Bruce: he is, he was, he is, he was. She recalled the first signs of her father’s illness, which the family initially announced was aphasia, a condition that can hinder communication. He had had two babies with my stepmother, Emma Heming Willis, and I thought he’d lost interest in me. Though this couldn’t have been further from the truth, my adolescent brain tortured itself with some faulty math: I’m not beautiful enough for my mother, I’m not interesting enough for my father.”Tallulah Willis is the youngest daughter of Bruce Willis and Demi Moore.

Persons: Bruce Willis ’, “, Bruce, I’m, Demi Moore, ”, Emma Heming Willis, he’d, ” Tallulah Willis, Bruce Willis, Leon Bennett, Tallulah Willis, weren’t, ” Bruce Willis, Angela Weiss Organizations: CNN, Vogue, Mayo Clinic, Getty Locations: Tallulah, Texas

We are selling 50 shares of Eli Lilly (LLY) at roughly $442 each. Following Monday's trade, Jim Cramer's Charitable Trust will own 150 shares of LLY, decreasing its weighting in the portfolio to about 2.5% from 3.33%. We're taking some Eli Lilly off the table Monday afternoon on the stock's breakout to another new all-time high. The FDA in early January granted accelerated approval to a drug similar to donanemab, which was developed by Japanese pharmaceutical firm Eisai and U.S.-based partner Biogen (BIIB). Like Pfizer's drug, Lilly is working on an oral type-2 diabetes and chronic weight management drug called orforglipron, which could be similar to the Mounjaro injectable.

We're buying 45 shares of Morgan Stanley (MS), at roughly $84.29 apiece. Following Friday's trade, Jim Cramer's Charitable Trust will own 1,400 shares of MS, increasing its weighting in the portfolio to 4.35% from 4.21%. Morgan Stanley has dropped 6% since its April 28, even with Friday's roughly 2% advance in the broader stock market rally. Angela Weiss | AFP | Getty ImagesWe're buying 45 shares of Morgan Stanley (MS), at roughly $84.29 apiece. Stock Chart Icon Stock chart icon Morgan Stanley YTD performance

☆ Met Gala 2023 fashion: The best looks from the red carpet
▼ + stars: | 2023-05-01 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +4 min

The Met Gala theme is based on the Costume Institute’s spring show “Karl Lagerfeld: A Line of Beauty,” which is a posthumous retrospective of the German fashion designer’s work. Dimitrios Kambouris/Getty ImagesIce Spice Jamie McCarthy/Getty ImagesOlivia Wilde opted for a Chloé "violin" dress — one of Lagerfeld's designs from the 1980s — in white and gold. John Shearer/WireImage/Getty ImagesActor Ariana DeBose made an entrance in an Altuzarra fur-trimmed yellow hooded gown, arriving with designer Joseph Altuzarra. John Shearer/WireImage/Getty ImagesMet Gala co-chair Dua Lipa in a voluminous Chanel corset dress. Evan Agostini/Invision/APTop Photo: Gisele Bündchen (Dimitrios Kambouris/Getty Images)

☆ Amazon Union President Chris Smalls Seen Fighting Worker in Video
▼ + stars: | 2023-04-12 | by ( Katherine Long | Jack Newsham | ) www.businessinsider.com time to read: +27 min

On the night of December 5, the president of the Amazon Labor Union pummeled another union member. Some longtime Amazon Labor Union organizers decided to begin organizing on their own, without Smalls. All three said they believe in Smalls' mission and support the goals of the Amazon Labor Union, but worry about Smalls' ability to lead. Amazon Labor Union members consoled each other after the union lost the vote at its second warehouse, LDJ5, last April. One purpose of the organization appears to be to raise funds for the Amazon Labor Union, according to its certificate of incorporation.

☆ Egypt's pound is among the worst performing currencies in 2023. And it's expected to plummet further
▼ + stars: | 2023-04-05 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +4 min

A photo of one hundred Egyptian pound, one hundred U.S. dollars against the pyramids of Giza in Egypt on January 17, 2023. Fadel Dawod | Getty ImagesThe Egyptian pound has plunged almost 20% against the greenback since the start of the year — with some analysts predicting that the currency may still have room to plummet further. Egypt's pound currently ranks as the sixth worst performing currency since Jan. 1, extending a decline that saw it lose more than half its value during 2022. Egypt's embattled economyHowever, the economic woes plaguing the Middle East's most populous country means its pound still has a way to plummet, according to the experts. He expects Egypt's inflation to peak at around 36% in the third quarter, if there are no more devaluations.

☆ Here's why we only bought 1 stock this week, despite the market being oversold
▼ + stars: | 2023-03-24 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

The Club has taken a restrained approach to the oversold stock market in recent days, making only one purchase after an assertive buying spree the week prior. This was the case even though our trusted S & P 500 Short Range Oscillator has continued to signal an oversold market, which often suggests stocks may be poised for a bounce. The S & P 500 and Nasdaq Composite traded up as much as 1.8% and 2.5%, respectively, before retreating in the afternoon. The market being in oversold territory isn't the only requirement for the Club to put money to work in a stock we like. A week ago, we bought 130 shares, at $30.15 each , following Halliburton's roughly 13% decline over just a few days.

☆ Oscars 2023 Red Carpet: See All the Best Looks
▼ + stars: | 2023-03-12 | by ( Kevin Huynh | ) www.wsj.com time to read: 1 min

Jamie Lee Curtis, nominated for best supporting actress for “Everything Everywhere All at Once,” in Dolce & Gabbana. Angela Weiss/AFP/Getty Images

☆ Here's why the 2-year note yield above 5% doesn't shake our conviction in stocks
▼ + stars: | 2023-03-08 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

But the Club's long-term outlook isn't swayed by this current bond market dynamic. Remember, bond yields moved in the opposite direction to bond prices. It was not, however, a great time to run away from stocks, Jim emphasized Wednesday. (There was of course the stock market crash in October 1987, which came to be known as Black Monday. (See here for a full list of the stocks Jim Cramer's Charitable Trust.)

We're buying 50 more shares of Caterpillar (CAT) at roughly $242.28 each and selling 100 shares of Qualcomm (QCOM) at roughly $130.46 each. Shares of machinery giant Caterpillar have underperformed over the past two days after Baird downgraded its rating Monday to neutral. QCOM 1Y mountain Qualcomm (QCOM) 1-year performance To fund this purchase, we are once again trimming our position in semiconductor company Qualcomm . (Jim Cramer's Charitable Trust is long CAT, QCOM. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ Movie theaters get creative with food and drink as they struggle to fill seats
▼ + stars: | 2023-02-08 | by ( Noah Sheidlower | ) www.cnbc.com time to read: +9 min

At many movie theaters, popcorn and soda appear alongside flatbreads, lobster grilled cheese and elaborate cocktails. "It is things like concessions and how that fits into a broader movie theater experience that really are things that movie theaters need to focus on and hammer in," Gallinari said. AMC Entertainment , the world's largest movie theater chain, exited its third quarter with more than $5.3 billion in debt. According to data from research firm EntTelligence, the average medium popcorn at domestic movie theaters is $8.14, while a medium drink runs for $6.20. "With movie theaters and concessions already having a reputation for being overpriced, being subject to the wills of the market in that way can really work against the movie theater's favor," Gallinari said.

Search resuls for: "Angela Weiss"

25 mentions found