DIRS.INFO The most relevant business & tech news

☆ The stock market's recession playbook is in full effect
▼ + stars: | 2024-08-05 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +5 min

Investors are de-risking their portfolios amid recession fears, driving a stock-market sell-off. AdvertisementThe stock market's recession playbook is in full swing as suddenly panicked investors look to aggressively de-risk their portfolios amid fears of a downturn. Investors are questioning whether the Federal Reserve waited too long to cut interest rates and whether it's too late to fend off recession. AdvertisementDetailed below are four outperforming areas of the market that make it clear investors are employing the recession playbook:1. "Next's year's pricing makes sense if the US economy falls into recession and/or inflation tumbles below the Fed's 2% target," analysts said of the market's rate-cut expectations.

Persons: —, it's, they've, David Sekera, David Rosenberg, Rosenberg, Ned Davis Organizations: Service, Federal Reserve, Nasdaq, Treasury, Bloomberg, Morningstar, Global, ETF, Rosenberg Research, Ned Davis Research

(This is CNBC Pro's live coverage of Monday's Wall Street chatter as global markets sell off. — Lisa Kailai Han 7:02 a.m.: How long sell-offs typically last Bad news: The current market sell-off may have further to go. — Lisa Kailai Han 6:09 a.m.: Oppenheimer's Stoltzfus: Best to not 'jump to conclusions' Investors need to have a cool head as global markets sell off, according to Oppenheimer's John Stoltzfus. — Fred Imbert 5:51 a.m.: Global markets in an 'aggressive risk-unwind', Vital Knowledge says Fears of a U.S. recession are pressuring global markets, leading investors around the world to sell some of this year's top winners, according to Adam Crisafulli of Vital Knowledge. "Markets are caught in an aggressive risk-unwind as equities plunge around the world, with tech getting hit particularly hard," he wrote in a note Monday.

Persons: Wharton's Siegel, Jeremy Siegel, CNBC's, Siegel, hasn't, it's, … They're, —, Lisa Kailai Han, Tom Lee, Lee, Duncan Toms, Toms, Fred Imbert, Victoria Greene, Greene, It's, Nimrit Kang, — Lisa Kailai Han, Dan Ives, Gene Goldman, Gennadiy Goldberg, Ives, Goldman, Goldberg, Oppenheimer's John Stoltzfus, Evercore, Ed Hyman, Hyman, Adam Crisafulli, Crisafulli Organizations: CNBC, Stock, Nikkei, Dow Jones Industrial, Nasdaq, Wharton, Federal Reserve, Fundstrat Global, HSBC, G Squared, Wealth, NorthStar Asset Management, Street, Wedbush, TD Securities, Federal, NASDAQ, U.S, Fed, Global Locations: U.S, Europe, Japan, China

☆ In Xi’s China, Politics Eventually Catches Up With Everyone
▼ + stars: | 2024-08-02 | by ( Li Yuan | ) www.nytimes.com time to read: +1 min

In 1996, when Peter Hessler taught at a small college in Sichuan Province, 90 percent of his students came from villages. Mr. Hessler, 5 feet 9 inches, towered over them by about half a head. Mr. Hessler returned to China in 2019 to teach at Sichuan University-Pittsburgh Institute. This time, all his nonfiction writing students came from cities, and some of the women in his class were even taller than him. But the political system that defined society had not changed one bit, Mr. Hessler writes in his new book, “Other Rivers: A Chinese Education.”

Persons: Peter Hessler, Hessler, ” Organizations: Chicago Bulls, Sichuan University, Pittsburgh Institute, World Bank Locations: Sichuan Province, China

☆ South Sudan is on the rise at the Olympics, just as Luol Deng envisioned it
▼ + stars: | 2024-08-01 | by ( Marcus Thompson Ii | ) www.nytimes.com time to read: +12 min

And that’s way bigger than wins and losses.”Really cool scene outside the arena after USA vs. South Sudan. Back on July 20, in London, South Sudan came within a couple possessions late of upsetting America in an exhibition. In the 11 days since the near upset of the century, South Sudan was searched an estimated 152,000 times. Then, in the country’s Olympics debut, South Sudan beat Puerto Rico to make national history. “There’s a lot of jokes in the media, a lot of people saying certain things about South Sudan.

Persons: Stade Pierre Mauroy, Kang JJ, ”, Royal Ivey, “, vFXBNtpx36 — Marcus Thompson II, Deng could’ve, Duke, he’d, Deng, ” Deng, Steve Kerr, it’s, ” Grant, Luol Deng, Nathaniel S, Butler, NBAE, LeBron James, Stephen Curry, Kevin Durant, Nuni Omot, I’ve, Ivey, Deng didn’t, Deng’s, Manute Bol, He’s, who’ve, ” Omot, Sudan’s JT Thor, Sameer Al, Omot, Kuol, Steph Curry, Wenyen Gabriel, Los Angeles, Anthony Davis, Bam Adebayo, They’re Organizations: Stade, Wec, Sudan didn’t, USA, Milwaukee Bucks, Chicago Bulls, NBA, Athletic, Invest, Team USA, Getty, America, French National Team, Puerto Rico, Sudanese People’s Liberation Movement, Southern, Bulls, United Nations, Food, Kenyan, Sydney Kings, National Basketball League, UNHCR, Los, Los Angeles Laker, Maccabi Tel Locations: D’ASCQ, France, South Sudan, Sudan, USA, Africa, Kenya, London, Puerto, Southern Sudanese, Wau, Egypt, That’s, Eastern Africa, AFP, Ethiopia, Minnesota, Australia, Khartoum, New Hampshire, Maccabi Tel Aviv

☆ CNBC Daily Open: Fed signals rate cut; U.S. stocks soar; oil gains as Middle East tensions rise
▼ + stars: | 2024-08-01 | by ( Kevin Lim | ) www.cnbc.com time to read: +3 min

Rate cut on horizonThe Federal Reserve expectedly kept its benchmark rate steady at 5.25% to 5.50% on Wednesday, but Chairman Jerome Powell signaled the U.S. central bank could cut the rate in its September meeting. U.S. stocks rallyU.S. stocks jumped after Powell said a rate cut in September was "on the table." Oil gainsU.S. crude oil futures rose 4% on Wednesday after Hamas political leader Ismail Haniyeh was assassinated in Tehran. Asian stocks mixedAsian markets were mixed on Thursday with Japan stocks tumbling while Australia's S&P/ASX 200 touched a new all-time high. [PRO] Rate cut beneficiariesCNBC Pro screened for stocks in the S&P 500 that tend to rise the most when short-term rates start to decline.

Persons: expectedly, Jerome Powell, Powell, Ismail Haniyeh, Israel, Oil Organizations: New York Stock Exchange, Wall, CNBC, Nasdaq, Dow Jones, Nvidia, Devices, Boeing, Treasury, Facebook, Google, Meta, Oil, West Texas Intermediate, Nikkei, Developers, Bank of, Singapore Airlines, U.S Locations: New York City, U.S, Tehran, Iran, Israel, Beirut, Japan, Shanghai

☆ Investors should wait before chasing Meta here, according to the charts
▼ + stars: | 2024-08-01 | by ( David Keller | ) www.cnbc.com time to read: +3 min

After reaching a peak around $320 in July 2023, META spent four solid months bouncing between price support around $280 and retesting the July peak. With this week's earnings beat, we'll likely see META test the upper end of this new trading range. Here we can see the recent trading range in much better context, but we can also see weakening momentum conditions. The declining momentum on the weekly chart suggests a serious headwind to META's attempt to break out of its recent trading range. The 2023 range was finally eclipsed once we saw an upside break above a clearly defined resistance level.

Persons: we'll, David Keller Organizations: Meta, CMT, CNBC, NBC UNIVERSAL

☆ CNBC Daily Open: Fed signals possible rate cut; Wall Street soars; oil gains as Middle East tensions rise
▼ + stars: | 2024-08-01 | by ( Kevin Lim | ) www.cnbc.com time to read: +3 min

Rate cut on horizonThe Federal Reserve expectedly kept its benchmark rate steady at 5.25% to 5.50% on Wednesday, but Chairman Jerome Powell signaled the U.S. central bank could cut the rate in its September meeting. U.S. stocks rallyU.S. stocks jumped after Powell said a rate cut in September was "on the table." Oil gainsU.S. crude oil futures rose 4% on Wednesday after Hamas political leader Ismail Haniyeh was assassinated in Tehran. Japan currency interventionJapanese authorities spent 5.53 trillion yen, or $36.8 billion, to support the yen in July, official data showed. [PRO] Rate cut beneficiariesCNBC Pro screened for stocks in the S&P 500 that tend to rise the most when short-term rates start to decline.

Persons: expectedly, Jerome Powell, Powell, Ismail Haniyeh, Israel, Oil Organizations: CNBC, Nasdaq, Dow Jones, Nvidia, Devices, Boeing, Treasury, Facebook, Google, Meta, Oil, West Texas Intermediate, U.S Locations: U.S, Tehran, Iran, Israel, Beirut, Japan

☆ Gold scales 2-week high as Fed nods to likely Sept rate cut
▼ + stars: | 2024-08-01 | by ( ) www.cnbc.com time to read: +2 min

Gold prices climbed to a two-week high on Thursday as U.S. Federal Reserve Chair Jerome Powell opened the door to cutting interest rates as early as September. Gold prices climbed to a two-week high on Thursday as U.S. Federal Reserve Chair Jerome Powell opened the door to cutting interest rates as early as September. Prices were just about $35 shy of the record high of $2483.60 scaled on July 17. "Gold bulls couldn't resist the urge to buy more gold after the Fed effectively signaled the beginning of its rate-cut cycle. "If the data comes in much hotter than expected, that could dent gold as we head towards the weekend," Simpson added.

Persons: Jerome Powell, Matt Simpson, Simpson, Ismail Haniyeh, Nicky Shiels Organizations: Federal, Index, MKS PAMP SA Locations: U.S, Tehran, Israel, Gaza

☆ Stock market today: Chipmakers lead tech surge ahead of Fed rate decision
▼ + stars: | 2024-07-31 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

US stocks surged as chipmakers lifted tech shares ahead of the Federal Reserve's rate decision. Fed Chair Powell's guidance will be crucial, with market sentiment hinging on his remarks. All eyes will be on Fed Chair Powell, who is expected to issue guidance on rate cuts in prepared remarks. Advertisement"Tonight's press conference from Fed Chair Jerome Powell may provide a catalyst for the next move. "A too-strong signal of a coming September rate cut may scare traders into thinking that the Fed sees abrupt economic weakness ahead.

Persons: —, Morgan Stanley, Powell, Jerome Powell, David Morrison, Thierry Wizman Organizations: Service, Nvidia, AMD, Federal Reserve, Fed, Trade Nation, Macquarie

☆ Luol Deng: Former NBA All-Star on the rise of South Sudan’s basketball team
▼ + stars: | 2024-07-31 | by ( Amanda Davies | Samuel Joseph | ) edition.cnn.com time to read: +5 min

South Sudan’s men’s basketball team defeated Puerto Rico 90-79 in Paris on Sunday in its first ever appearance at the Games, but the result meant more than just picking up two points in Group C. For South Sudan Basketball Federation President Luol Deng, it was the culmination of everything that he and the team had worked so hard to achieve. “When the national anthem was sung, you know, it just gave me goosebumps, and I realized that this was bigger than basketball,” Deng told CNN Sport’s Amanda Davies. He was born in Wau, in what is now South Sudan, before the country’s independence. South Sudan officially gained independence from Sudan in 2011 following a referendum, making it the world’s newest widely-recognized state. South Sudan players celebrate after defeating Puerto Rico.

Persons: Luol Deng, ” Deng, Amanda Davies, Deng, I’ve, didn’t, we’ve, Royal Ivey, ”, Christina Pahnke, We’ve, “ We’ve, “, we’re, –, LeBron James, Kevin Durant, Steph Curry Organizations: CNN, Puerto Rico, South Sudan Basketball Federation, Chicago Bulls, Miami Heat, Los Angeles Lakers, Second Sudanese, Duke, Chicago, South, United Nations, Olympics, USA, Team USA Locations: Paris, Wau, South Sudan, Egypt, London, England, Great Britain, Sudan

☆ Jim Cramer looks at forces working against the bulls, including China
▼ + stars: | 2024-07-30 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJim Cramer looks at forces working against the bulls, including China'Mad Money' host Jim Cramer looks at the state of the China trade on Wall Street right now.

Persons: Jim Cramer Locations: China

☆ Here are Tuesday's biggest analyst calls: Nvidia, Apple, Roblox, Netflix, Amazon, Tesla, McDonald's, Affirm & more
▼ + stars: | 2024-07-30 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Tuesday's biggest calls on Wall Street: Loop initiates BrightView as buy Loop said it's bullish on shares of the commercial landscaping company. Evercore ISI reiterates Apple as outperform Evercore said it's bullish ahead of Apple earnings later this week. " Bank of America reiterates Roblox as buy Bank of America said it's standing by Roblox ahead of earnings on August 1. Deutsche Bank reiterates McDonald's as buy Deutsche said it's standing by the fast food giant following earnings. Bank of America reiterates Goldman Sachs as buy Bank of America said top pick Goldman Sachs has "cyclical/secular tailwinds."

Persons: Evercore, it's, Jensen Huang, Nvidia's Blackwell, Blackwell, KBW, Oppenheimer, Wells, Roblox, Tesla, McDonald's, Baird, Edward Jones, Goldman Sachs, ROE resiliency, Morgan Stanley, Wells Fargo Organizations: Apple, Citi, Nvidia, " Bank of America, of America, Barclays, UBS, Amazon, Netflix, Bank of America, JPMorgan, RBC, Tesla, Deutsche Bank, Deutsche, Whirlpool, underperform Bank of America, Abbott Laboratories, Abbott Labs, Edward, Stock, 2Q, PNC, WF

☆ United States 3 Guinea 0: U.S. men qualify for Olympic quarterfinals for the first time in 24 years
▼ + stars: | 2024-07-30 | by ( Jeff Rueter | ) www.nytimes.com time to read: +6 min

For the first time in 24 years, the United States is in the knockout rounds of Olympic men’s soccer. Across all three games, the United States leaned heavily on Mihailovic and Paredes to take care of business in the final third. AdvertisementOverall, the United States can take pride in what’s been a composed and coherent group stage. This United States group will also be familiar with its quarterfinal opponent, Morocco, whose senior team advanced to the semifinal of the 2022 World Cup. Many players from the current United States roster took part in that friendly.

Persons: Mihailovic, Kevin Paredes, Paris Saint, Marko Mitrovic’s, FC Cincinnati’s Miles Robinson, Nashville SC’s Walker Zimmerman, John Tolkin, Philadelphia Union’s Nathan Harriel —, isn’t, Mitrovic, Gianluca Busio, Maximilian Dietz, Duncan McGuire, Griffin Yow, Yow, Paredes, what’s, Pulisic, Gio Reyna, Weston McKennie, Defenders Zimmerman, Miles Robinson, Patrick Schulte, John Todd Organizations: U.S, Guinea, Colorado Rapids, VfL Wolfsburg, USA, New Zealand, France, Parc des Princes, Morocco, Argentina, Ukraine, Iraq, FC Cincinnati’s, Nashville, New York Red Bulls, Philadelphia, MLS, Team USA, Elephants, men’s, America, Paris Games, United, Getty Locations: United States, Chile, U.S, France, They’ll, Morocco, Parc des, Paris, Germain, Argentine, New, Guinea, Paraguay, Spain, States

☆ Racked by Pain and Enraptured by a Right-Wing Miracle Cure
▼ + stars: | 2024-07-28 | by ( Eli Saslow | ) www.nytimes.com time to read: +1 min

Michael Chesebro awoke to the same reality as he did each morning, with pain radiating up his spine and into his shoulders before he opened his eyes. He remained still for a moment, summoning the courage to reach from his bed to his night stand. He rolled onto his back, which was fused together with metal after almost 20 years as a paratrooper in the military. He extended his arm, which he had broken several times while wrangling bulls and horses on his ranch outside Cheyenne, Wyo. Finally, his hand found his cellphone, and he logged on to the online universe where he spent most of his days.

Persons: Michael Chesebro, “, ”, Michael, “ I’m, ” Michael, Warren Armour Organizations: Patriot Party, Patriot Party News, Facebook Locations: Cheyenne, Kansas, Texas, Tennessee

☆ Dream Team dreaming: How great can this U.S. men’s basketball team still be?
▼ + stars: | 2024-07-28 | by ( Joe Vardon | ) www.nytimes.com time to read: +11 min

Still, as the U.S. men’s team starts its Olympic run Sunday, it begins with a roster that has drawn countless comparisons to the Dream Team. On paper, the U.S. men’s team is arguably the best team assembled since 1992. Durant is the most prolific scorer in U.S. men’s history and could, if the Americans win gold in Paris, become the most decorated Olympic men’s basketball player. A loss in the knockout stages, when there are no more second chances, and a Dream Team redux becomes a historic nightmare. In that scenario, the U.S. men’s team would be remembered forever, even if not quite held in the same reverence as the Dream Team.

Persons: Michael Jordan’s, Rod Thorn, Russ Granik, David Stern, Charles Barkley, Karl Malone, Larry Bird, Magic Johnson, Thorn, Jordan, Simone Biles, Michael Phelps, Jesse Owens, Carl Lewis, “, ” Granik, LeBron James, Stephen Curry, Kevin Durant, ” Curry, Gregory Shamus, Barkley, Bird, Magic, we’re, ”, Anthony Davis, James, Curry, Durant, Michael, Larry, Joel Embiid, Jrue Holiday, Jayson Tatum, Kawhi Leonard, Leonard, Embiid, Durant couldn’t, Christian Laettner, Nikola Jokić, Giannis Antetokounmpo, Shai Gilgeous, Alexander, Victor Wembanyama, Wembanyama, who’s, Duke, Steve Kerr, ” Kerr, Gregg Popovich, Popovich, ” James, ” Davis, hasn’t, Wembanyama's, Tim Clayton, Corbis Organizations: Paris Games, PARIS, Team USA, Chicago Bulls, Barcelona Games, ”, U.S, men’s, Dream, Paris, NBA, South, Atlanta Games, USA Basketball, Serbia, Games, Olympic, South Sudanese, American, Lille Olympics, Oklahoma City Thunder, French, FIBA, U.S ., Dream Team, Team, France, Getty Locations: United States, I’m, ”, Europe, Africa, Asia, Australia, South America, South Sudan, Germany, U.S, USA, Jordan, Paris, Cameroon, London, Barcelona, Lille, France, Belgian, Serbia, Greece, Canadian, basketball, Tokyo

☆ The tech sell-off may not be over. Here's an options trade to capitalize on the trend—with protection
▼ + stars: | 2024-07-26 | by ( Jeff Kilburg | ) www.cnbc.com time to read: +3 min

The Nasdaq-100 has seen significant profit taking as many investors have trimmed their exposure to the Mag 7. Volatility and carnage in the Nasdaq should persist causing more sellers to sell tech stocks. Here is an options strategy to profit on this additional plunge in Tech. However, the move ran out of gas into the closing bell, and the QQQ finished back in the red. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: Russell, Tesla Organizations: Nasdaq, Nvidia, Meta, Dow, CNBC, NBC UNIVERSAL Locations: Tech

☆ What can drive Apple stock from here? Much more than the iPhone maker's earnings next week
▼ + stars: | 2024-07-26 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Any commentary on initial interest in Apple Intelligence will determine where shares go next. As of Wednesday, Apple stock gained about 13% year to date — just shy of the S & P 500 's 2024 performance. The bull/bear debate on Apple depends on whether the benefits of Apple Intelligence are "priced in" at current levels. Yes, the iPhone will be the greatest, most direct way for Apple to realize financial benefits from Apple Intelligence in the near term. Apple will announce plans to incorporate artificial intelligence (AI) into Apple software and hardware.

Persons: There's, Jim Cramer's, Jim Cramer, Jim, Tim Cook, Justin Sullivan Organizations: Apple, Big Tech, Developers, Apple Intelligence, Barclays, JPMorgan, CNBC, Apple Worldwide Developers Locations: what's, geolocation, Cupertino , California

☆ Stock market today: Stocks waffle after sell-off as traders mull tech weakness and GDP data
▼ + stars: | 2024-07-25 | by ( Max Adams | ) www.businessinsider.com time to read: +4 min

Second-quarter GDP data showed the economy grew at 2.8% in the second quarter, much more than expected. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Traders were assessing tech weakness and hotter-than-expected GDP data for the second quarter. Investors' top concern is slowing tech earnings growth after Tesla and Alphabet both reported disappointing results on Tuesday. Here's where US indexes stood shortly after the opening bell on Thursday:AdvertisementMeanwhile, investors are digesting second-quarter GDP data, which showed the US economy grew by 2.8%.

Persons: Stocks, —, Mike Owens, Dan Ives, Chris Zaccarelli, Brent Organizations: Nasdaq, Service, Traders, Investors, Federal Reserve, Saxo, Microsoft, Google, Apple, Securities, West Texas Locations: China, Here's

☆ Tesla's still not making big profits and probably won't for years — but analysts and investors still love it
▼ + stars: | 2024-07-24 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "There are other companies that are $3 trillion market caps — I think Tesla can be in that league," he said. AdvertisementAnother analyst sees Tesla's recent price hikes as a good sign. Ron Jewsikow, a Guggenheim analyst, said on CNBC that he is not worried about whether Tesla will be able to deliver its Robotaxis. AdvertisementIn China, Apollo, which is owned by Baidu, is offering rides for just over 10 cents a mile, Jewsikow said.

Persons: —, Tesla, Cybertruck, Elon Musk's, I'm, Gene Munster, Munster, Optimus, Tasha Keeney, it's, Price, Tesla optimist Daniel Ives, Ron Jewsikow, He's, Jewsikow Organizations: Service, Investors, Business, Deepwater Asset Management, CNBC, ARK Invest, Tesla optimist, Guggenheim, Baidu Locations: China

☆ Tesla tanks 13% after earnings, dragging other EV stocks lower
▼ + stars: | 2024-07-24 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Tesla's stock dropped as much as 13% on Wednesday after reporting weak second-quarter earnings. AdvertisementTesla stock tumbled as much as 13% on Wednesday after the company's second-quarter results offered limited reassurance to eager investors. It marked the fourth straight quarter Tesla has fallen short of analyst forecasts. The taxi's unveiling, seen by many on Wall Street as a major AI-driven catalyst for Tesla, was originally scheduled for next month. "Tesla's muddling through the EV recession," Morgan Stanley analyst Adam Jones wrote, citing a quarter-over-quarter drop in capital expenditures.

Persons: Tesla, —, Elon Musk, Morgan Stanley, Adam Jones, Nikola, Dan Levy, Tesla's, Cantor Fitzgerald, Andres Sheppard, Gene Munster, Dan Ives, Sheppard Organizations: Service, EV, General Motors, Buick, Barclays, Deepwater Asset Management, Wedbush Securities, Tesla

☆ Tesla's still not making huge profits and probably won't for years. But these analysts and investors still love the company.
▼ + stars: | 2024-07-24 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. "There are other companies that are $3 trillion market caps — I think Tesla can be in that league," he said. Related storiesTasha Keeney, a director at longtime Tesla investor ARK Invest, said on CNBC on Tuesday that ignoring Robotaxis today is a huge mistake. Ron Jewsikow, a Guggenheim analyst, said on CNBC that he is not worried about whether Tesla will be able to deliver its Robotaxis. AdvertisementIn China, Apollo, which is owned by Baidu, is offering rides for just over 10 cents a mile, Jewsikow said.

☆ Men’s basketball at the 2024 Paris Olympics: NBA player list, how to watch and Team USA’s top threats
▼ + stars: | 2024-07-24 | by ( Mike Prada | ) www.nytimes.com time to read: +16 min

The 2024 men’s Olympic basketball tournament at the Paris Games is overflowing with star power — and not just from Team USA. Even South Sudan, the lowest-ranked team in the tournament, proved its mettle by nearly upsetting Team USA in a tune-up matchup last weekend. White was a member of the 2019 FIBA World Cup team, while Edwards and Haliburton made their debuts at the 2023 FIBA World Cup. Twenty-seven of the 30 NBA teams will have at least one player participating in this tournament. Can Team USA do it again in 2024?

Persons: Seth, Giannis Antetokounmpo’s, LeBron James, Stephen Curry, Nikola Jokić, Team USA’s, Pierre Mauroy, It’s, James, Joel Embiid, Joel, Grant Hill, Curry, Embiid, Kevin Durant, Anthony Davis, Jayson Tatum, Kawhi Leonard, Anthony Edwards, Devin Booker, Bam Adebayo, Tyrese Haliburton, Leonard, Boston Celtics ’ Derrick White, Durant, Haliburton, Tatum, Holiday, Booker, Adebayo, Embiid Curry, Tatum James, Edwards Booker, Edwards, Davis, Jordi Fernandez, Shai Gilgeous, Alexander, he’s, Jamal Murray, Dillon Brooks, RJ Barrett, Zach Edey, Dwight Powell, Kelly Olynyk, Victor Wembanyama, Wembanyama, Rudy Gobert, Bogdan Bogdanović, They’ll, Dennis Schröder, Franz Wagner, Antetokounmpo, Patty Mills, Joe Ingles, Matthew Dellavedova, Josh Giddey, Josh Green, Dyson Daniels, — Rudy Fernández, Willy Hernangomez, Santi Aldama, we’re, Bruno Caboclo, ESPN’s Fran Fraschilla, Jose Alvarado —, Rui Hachimura, Luol Deng, Dante Exum, Jock Landale, Duop, Gui Santos, Luguentz Dort, Andrew Nembhard, Nickeil Alexander, Walker, Trey Lyles, Evan Fournier, Nicolas Batum, Bilal Coulibaly, Mo Wagner, Daniel Theis, Giannis Antetokounmpo, Jose Alvarado, Nikola Jović, Vasilije Micić, JT Thor, Usman Garuba, ’, We’ll, Giuseppe Cacace Organizations: Paris Games, Paris, Team USA, Luka Dončić’s, France, Germany, USA, Australia, CNBC, Team, Serbia, Pierre, Bercy Arena, NBA, NBC, South, Telemundo, Universo, The Philadelphia 76ers, U.S, USA Basketball, Tyrese, Boston Celtics, Embiid, BetMGM, Brooklyn Nets, Jordi Fernandez . Oklahoma City Thunder, Denver Nuggets, Houston Rockets, Toronto Raptors, Grizzlies, San Antonio Spurs, Minnesota Timberwolves, Atlanta Hawks, FIBA, Veteran NBA, Orlando Magic, Bahamas, New Orleans Pelicans, Los Angeles Lakers, Cleveland Cavaliers, Utah Jazz, New York Knicks, Timberwolves, Blazers, Mavericks, Spurs, Pistons, Tominaga, Pelicans, Olympic Locations: Giannis Antetokounmpo’s Greece, Luka Dončić’s Slovenia, London, Abu Dhabi, U.S, Canada, Serbia, South Sudan, Spain, Lille, France, Paris, Australia, Spain Germany, Japan France, Brazil Greece, Sudan, Puerto Rico Serbia, Greece Canada, Australia Japan, France Brazil, Germany, Puerto Rico, Serbia USA, Japan, Brazil Australia, Spain France, USA Serbia, USA, Greece, Brazil, Cameroon, Edwards, Tokyo, Haliburton, Holiday, Jordi Fernandez ., Nigeria, Valencia, ” Puerto Rico, Tremont Waters, . Puerto Rico

☆ Tesla shares fall 7% in premarket trading after earnings miss
▼ + stars: | 2024-07-24 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

In this article TSLA Follow your favorite stocks CREATE FREE ACCOUNTElon Musk, CEO of Tesla. Antonio Masiello | Getty ImagesTesla shares fell more than 8% in premarket trading in the U.S. after the electric carmaker reported second-quarter earnings that missed expectations amid ongoing pressure in its auto business. Elon Musk's electric vehicle firm reported that automotive revenue dropped 7% year-on-year in the June quarter to $19.9 billion while its adjusted earnings margin also declined. Tesla shares are nearly 1% lower this year to date, while the S&P 500 has risen more than 16%. Musk envisions a world in which owners can authorize their Tesla vehicle to be used as part of an Uber-style ride-hailing service — and where the cars would drive autonomously.

Persons: Elon Musk, Tesla, Antonio Masiello, Musk, Robotaxis Organizations: Elon, Bulls Locations: U.S, China

☆ Tesla set to report second-quarter earnings after the bell Tuesday
▼ + stars: | 2024-07-23 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +4 min

Tesla is set to report second-quarter earnings after the bell on Tuesday. Although Tesla reported vehicle deliveries of 443,956 in the second quarter, a 4.8% decline from the year-earlier period, those numbers were better than analysts had expected. But Musk and his stalwart Tesla bulls and broader fan base have ambitions for the EV maker beyond making and selling cars. In 2021, Musk also began to promise that Tesla would develop and produce humanoid robots capable of factory work, at least. Tesla "deliveries" are not an audited financial metric, but are the closest approximation to sales reported by the company.

Persons: Elon Musk, The Beverly Hilton, Tesla, Elon, Musk, Donald Trump, InsideEVs Organizations: SpaceX, Tesla, The Beverly, LSEG, PAC, Trump, Republican, Pew Research, Democratic, Cox Automotive, Boring Company, X Corp, CNBC Pro Locations: Beverly Hills , California, U.S

☆ Stock market today: Stocks trade mixed as investors get ready for Tesla and Alphabet earnings
▼ + stars: | 2024-07-23 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

Stock were mixed early Tuesday as investors awaited earnings from big companies. Markets are getting ready to pick through results from Tesla and Alphabet after the closing bell. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUS stock moves were muted on Tuesday, with investors getting ready to go over earnings results from Tesla and Google parent Alphabet after the closing bell. Tesla and Alphabet are the first of the Magnificent Seven tech cohort to post second-quarter results.

Persons: —, Russell, Bill Adams, Adams Organizations: Service, Tesla, Google, Nasdaq, Federal

Search resuls for: "Bulls"

25 mentions found