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(AP) —A law to ban gender-affirming medical care for transgender minors in Montana is temporarily banned, a state judge ruled Tuesday, just four days before it was to take effect. District Court Judge Jason Marks agreed with transgender youth, their families and healthcare providers that a law passed by the 2023 Montana Legislature is unconstitutional and would harm the mental and physical health of minors with gender dysphoria. Montana is one of at least 22 states that have enacted bans on gender-affirming medical care for minors and most face lawsuits. Political Cartoons View All 1182 ImagesAll the laws ban gender-affirming surgery for minors. It’s not clear how many of those patients were 18 when they underwent surgery.

Persons: HELENA, Jason Marks, Marks Organizations: Montana Supreme Locations: Mont, Montana, . Montana, U.S

☆ Judge Blocks Migrants From Former School, Questioning Shelter Guarantee
▼ + stars: | 2023-09-26 | by ( Andy Newman | More About Andy Newman | ) www.nytimes.com time to read: +1 min

A judge on Staten Island temporarily blocked New York City on Tuesday from using a former school as an emergency shelter for migrants, in a decision that could have broader implications for the city’s long-established obligation to offer shelter to anyone who asks for it. The city has struggled to provide housing to the more than 110,000 migrants who have entered its shelter system since early last year, in part because of a decades-old legal obligation, known as “right to shelter,” that requires it to provide a bed for anyone who is homeless and asks for one. Citing “right to shelter," Mayor Eric Adams issued an emergency order that let the city bypass the normal review process for opening homeless shelters. But on Tuesday, Justice Wayne Ozzi of State Supreme Court wrote that the “right to shelter” does not exist, and ordered the Staten Island school emptied. The ruling came in a suit against the city and state brought by a man who lives near the school and eight Republican city, state and federal elected officials who represent the island, New York City’s most conservative borough.

Persons: Eric Adams, Wayne Ozzi Organizations: Staten, Court, Republican Locations: New York City, Staten, New York

That area was reduced to 67 acres (27 hectares) in August when Interior's Bureau of Ocean Energy Management announced final plans for the sale. Chevron, Shell Offshore, the American Petroleum Institute and the state of Louisiana sued to reverse the cut in acreage and block the inclusion of the whale-protecting measures in the lease sale provisions. They also said the changes after the initial lease sale was proposed in March violate federal law because they were adopted arbitrarily, without sufficient explanation of why they are needed. Political Cartoons View All 1173 ImagesMeanwhile, rival litigation filed by Earthjustice and other prominent environmental groups seeks to halt the lease sale. The organizations say the lease sale violates the National Environmental Policy.

Persons: Biden, James David Cain Jr, Lake Charles, BOEM, Earthjustice, ” Erik Milito, Steve Mashuda Organizations: ORLEANS, —, Interior Department, Interior's Bureau of Ocean Energy Management, District, Shell, American Petroleum Institute, Environmental, Energy, National Ocean Industries Association Locations: Gulf, Mexico, Lake, Maryland, Chevron, Louisiana, Gulf Coast

SAO PAULO (AP) — Brazil’s top court opened a session Friday that will decide whether abortion up to the 12th week of pregnancy will be decriminalized nationwide. He then said he opposes abortion although he believes women should be allowed the choice as a matter of public health. The girl, who was 10 when she was raped, was in her 29th week when the abortion was finally carried out. The survey of 2,002 Brazilian women found higher rates of abortion among those with less education and income. Wealthier Brazilian women for many years travelled to the United States or Europe to get abortions without facing risks and legal obstacles they find at home.

Persons: —, Rosa Weber, Weber, ” Weber, Luiz Inácio Lula da Silva, Debora Organizations: SAO PAULO, Brown University Locations: Santa Catarina, Brazil, United States, Europe, Argentina

In granting a preliminary injunction, U.S. District Judge Beth Labson Freeman in San Jose, California, said she was "keenly aware of the myriad harms that may befall children on the internet," but California's law swept too broadly. The law, known as California Age-Appropriate Design Code Act, was passed unanimously last September by the state legislature and signed by Governor Gavin Newsom. The law, modeled after a similar law in the United Kingdom, is scheduled to take effect next July 1. "We look forward to seeing the law permanently struck down and online speech and privacy fully protected," it said. The California case is NetChoice LLC v Bonta, U.S. District Court, Northern District of California, No.

Persons: Dado Ruvic, Beth Labson Freeman, Gavin Newsom, ByteDance's TikTok, NetChoice, Freeman, Rob Bonta, David Ezra, Jonathan Stempel, Peter Henderson, Leslie Adler Organizations: USA, REUTERS, Google, Facebook, District, Free Speech Coalition, Court, Northern District of, Thomson Locations: California, San Jose , California, United Kingdom, U.S, Austin , Texas, Texas, Northern District, Northern District of California, New York, San Francisco

☆ Opinion: Musk, McCarthy and Romney are three kinds of leaders
▼ + stars: | 2023-09-17 | by ( Richard Galant | ) edition.cnn.com time to read: +21 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. A vain and ambitious cigar-smoking bully who wore riding breeches, a polished helmet and boots and carried ivory-handled revolvers, he led troops on successful lightning strikes through German-held territory near the end of World War II. Musk has repeatedly been criticized for enabling and boosting antisemitic content on the platform.”“Isaacson tries to square these two Musks. During Trump’s first impeachment, Romney became the first senator in US history to vote to remove a president of his own party from office. He has been willing to do what he believes to be right — consequences be damned.”The differences between Romney and Trump were many.

Persons: CNN — “ Troy, Hadrian, …, ”, George S, Patton, “, Stephen D, Clay Jones, Elon Musks, Elon, Nicole Hemmer’s, Walter Isaacson, Musk “, Musk, ” “ Isaacson, Isaacson, ” Hemmer, Walt Handelsman, Kevin McCarthy, Donald Trump, McCarthy, Joe Biden, “ Trump, impeaching Biden, Norman Eisen, Trump, ” Eisen, Biden, James Antle III, ’, Hunter, McCarthy “, John Avlon, Dennis Aftergut, Lindsey Graham wasn’t, Michelle Lujan Grisham, she’s, Hunter Biden, Robert J, Spitzer, It’s, ” Vladimir, Kim, Vladimir Putin, Kim Jong, Frida Ghitis, Putin, vaingloriously, Peter the Great, Sébastien Roblin, Don’t, Romney Francis Chung, AP Sen, Mitt Romney, Romney, Sen, John McCain, Trump’s, Lanhee J, Chen, Lisa Benson, Kate Bahn, ’ I’m, —, Dana Peterson, Erik Lundh, ” Dana Summers, Kunis Mila Kunis, Ashton Kutcher, Mila Kunis, Danny Masterson, Jill Filipovic, “ Kutcher, Kunis, Kutcher, Masterson, Danilo Cavalcante, Arick, Scott Stantis, Jeff Yang, Jets Phil Hands, Julian Zelizer, Aaron Rodgers ’, ” Don’t, Nick Anderson, Tess Taylor, Tommy Tuberville, Mahnaz, Roxanne Jones, Coco Gauff, Amanda Tyler, Lara Setrakian, Paul Hockenos, Don Lincoln, Sophia Nelson, Tim Scott, Kenneth Branagh, Agatha Christie’s, Hercule Poirot, Noah Berlatsky, Poirot, Branagh, Sara Stewart, Winona Ryder Organizations: CNN, US, Marine Corps, Third Army, Vostochny, Twitter, Defamation League, Agency, Caucus, Republicans, Democrats, White, North, Putin, AP, Senate, Hollywood, Motors, Ford, Chrysler, Dodge, Peugeot, United Auto Workers, UAW, “, Federal Reserve, Conference Board, Ninth, Academy Museum of Motion Pictures, REUTERS, Reuters, Apple, European Union, Jets, Boston Red Sox, The Chicago Cubs, The New York Jets, New York Jets, MetLife, Tribune, Studios Locations: China, Washington, New Mexico, Detroit, Russia’s, South Africa, Hunter Biden’s, Albuquerque, Bernalillo County, Russia, Ukraine, ”, Los Angeles , California, U.S, Aude, Pennsylvania, Brazil, Cupertino , California, Iran, New Texas, Venice

☆ New Mexico governor suspends guns in city's parks, playgrounds
▼ + stars: | 2023-09-15 | by ( Andrew Hay | ) www.reuters.com time to read: +2 min

Governor of New Mexico Michelle Lujan Grisham speaks at a Democratic Party of New Mexico campaign rally featuring U.S. President Joe Biden at the Gallegos Community Center in Albuquerque, New Mexico, U.S., November 3, 2022. Her unusual moved pulled New Mexico into a national debate on gun rights and public safety. “I’m going to continue pushing to make sure that all of us are using every resource available to put an end to this public health emergency with the urgency it deserves,” the Democratic governor said in a statement. A federal judge on Wednesday temporarily froze the firearms provisions of Lujan Grisham's initial health order pending further litigation. Keller on Wednesday urged Lujan Grisham to call a special session of the state legislature on gun violence.

Persons: New Mexico Michelle Lujan Grisham, Joe Biden, Kevin Lamarque, Michelle Lujan Grisham, “ I’m, Lujan, Lujan Grisham's, Tim Keller, Keller, Lujan Grisham, Andrew Hay, Donna Bryson, Grant McCool Organizations: Democratic Party of New, U.S, Gallegos Community Center, REUTERS, Democratic, National, Supreme, Albuquerque, Wednesday, Thomson Locations: New Mexico, Democratic Party of New Mexico, Albuquerque , New Mexico, U.S, Albuquerque, Bernalillo, New

☆ Judge Blocks New Mexico Ban on Carrying Guns
▼ + stars: | 2023-09-14 | by ( Jacob Gershman | Talal Ansari | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones Locations: mexico

☆ I left California for Texas to begin my new life as a divorcée. It's more affordable as a single woman, and I feel free to express my political and religious beliefs.
▼ + stars: | 2023-09-10 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +6 min

Jackie Burse moved from Orange County, California, to San Antonio, Texas, in 2021. “I'm a conservative and I feel like it's difficult to have any opinions in California other than liberal,” Burse said. In San Antonio, I rent a cute little three-bedroom, two-bathroom house that I pay $1,600 for each month. I live 10 minutes from downtown San Antonio, which is home to The River Walk. I'm really happy to be living in San Antonio and would make the move all over again.

Persons: Jackie Burse, “ I'm, ” Burse, I'm, It's, Jackie Burse I'm, I've, Burse’s, — that's, Burse Organizations: Service, Inland, Golden State, Texans, Gas, Antonio, The Chino Unified Valley School District, Republican Locations: Orange County , California, San Antonio , Texas, California, Wall, Silicon, Orange County, San Antonio, San Gabriel, Inland Empire, Los Angeles, Ontario, Golden, I've, Texas, In Texas, The Chino

☆ Judge Blocks Transgender Notification Policy in California School District
▼ + stars: | 2023-09-06 | by ( Anna Betts | More About Anna Betts | ) www.nytimes.com time to read: +2 min

The attorney general, a Democrat, said the school district policy amounted to the “forced outing” of transgender students. It also might deter other school districts in California from imposing similar requirements. In recent weeks, the Anderson Union High School District in Northern California and the Murrieta Valley and Temecula Valley unified school districts in the Inland Empire have enacted policies similar to the one enacted by Chino Valley Unified. Orange Unified School District board members are also scheduled to consider a transgender notification policy on Thursday. Nearly a month into its school year, the Chino Valley Unified School District must shelve its notification policy and await further court proceedings.

Persons: Rob Bonta, Bonta, Judge Thomas S, Garza, Andrea Johnston, ” Mr Organizations: Unified School District, San Bernardino Superior Court, Chino Valley Unified, Anderson Union High School District, Orange Unified School District, Chino Valley Unified School District, Chino Valley Unified School Locations: Chino, San Bernardino, California, Northern California, Temecula, Inland, Chino Valley

☆ Federal judge blocks Arkansas social media age verification law to have gone into effect Friday
▼ + stars: | 2023-09-01 | by ( Michelle Watson | ) edition.cnn.com time to read: +1 min

CNN —A US District Judge has blocked an Arkansas social media age verification law that was set to go in effect Friday, according to a Thursday court filing. The act was aimed at requiring “age verification for use of social media; and to clarify liability for failure to perform age verification for use of social media and illegal retention of data,” according to Governor Sarah Huckabee Sanders’ office. It’s believed this would have been the first law in the US requiring age verification from new social media users, and to require parental consent, to go into effect. “We’re pleased the court sided with the First Amendment and stopped Arkansas’ unconstitutional law from censoring free speech online and undermining the privacy of Arkansans, their families and their businesses as our case proceeds,” Marchese said in the statement. Brooks said the act is blocked “pending final disposition of the issues on the merits.”CNN reached out to Huckabee Sanders’ office for comment.

Persons: Sarah Huckabee Sanders, It’s, Timothy L, Brooks, NetChoice —, “, Chris Marchese, “ We’re, ” Marchese, ”, Huckabee Sanders Organizations: CNN, Judge, Facebook, NetChoice Litigation, ” CNN Locations: Arkansas

REUTERS/Jonathan Drake/File Photo Acquire Licensing RightsAug 25 (Reuters) - A Texas judge on Friday blocked a Republican-backed state law banning so-called gender-affirming care including puberty blockers, hormones and surgery for transgender minors from taking effect while she hears a legal challenge to it. Texas Governor Greg Abbott, a Republican, signed the law in June, making Texas one of at least 20 states to ban gender-affirming care. The offices of Abbott and Texas Attorney General Ken Paxton did not immediately respond to requests for comment. Mainstream U.S. medical groups including the American Medical Association, the American Psychological Association and the American Academy of Pediatrics oppose the measure and maintain that gender-affirming care improves transgender patients' mental health and reduces risk of suicide. Several other similar state laws have been blocked by judges, though a federal appeals court this week revived Alabama's ban on gender-affirming care for minors.

Persons: Jonathan Drake, Judge Maria Cantu Hexsel, Greg Abbott, Brian Klosterboer, Ken Paxton, Brendan Pierson, Will Dunham Organizations: REUTERS, Republican, Texas, American Civil Liberties Union of Texas, U.S, American Medical Association, American Psychological Association, American Academy of Pediatrics, Thomson Locations: Durham , North Carolina, United States, Texas, Travis County, Austin, Abbott, New York

☆ Microsoft submits new Activision Blizzard takeover deal to British regulator after initial block
▼ + stars: | 2023-08-22 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +3 min

Dado Ruvic | ReutersMicrosoft on Tuesday submitted a new deal for the takeover of Activision Blizzard, offering a spate of concessions after U.K. regulators rejected its initial proposal. Under the restructured deal, Microsoft will not acquire cloud rights for existing Activision PC and console games, or for new games released by Activision during the next 15 years, the CMA said. Regulators previously argued that Microsoft could also take key Activision games, like Call of Duty, and make them exclusive to Xbox and other Microsoft platforms. To cross that line, Microsoft offered concessions, such as offering royalty-free licenses to cloud gaming platforms to stream Activision games, if a consumer has purchased them. In the U.S., the Federal Trade Commission was fighting a legal battle with Microsoft in an effort to get the Activision takeover scrapped.

Persons: Dado Ruvic, Brad Smith Organizations: Activision, Reuters Microsoft, Activision Blizzard, Markets Authority, Microsoft, CMA, Redmond, Activision PC, Ubisoft Entertainment, Ubisoft, Netflix, European Union, Federal Trade Commission Locations: U.S, Europe

REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsAug 21 (Reuters) - A U.S. judge has blocked the state of Georgia from enforcing a new Republican-backed law that bars doctors from providing hormone replacement therapy to treat gender dysphoria in transgender children under age 18. The ruling marked the latest instance of a federal judge blocking a law banning medical procedures for transgender youth. The judge said that amounts to a form of unconstitutional sex discrimination because a minor's sex at birth determines whether that child can receive a given form of medical treatment. The state argued that banning hormone therapy was justified by the risk that an individual may later in life regret the physical changes brought on by hormone replacement therapy. By contrast, research showed mental health benefits from allowing the treatment of gender dysphoria, the judge said.

Persons: Brendan McDermid, Sarah Geraghty, Christopher Carr, Kara Richardson, Brian Kemp, Geraghty, Joe Biden, Georgia, Nate Raymond, Will Dunham, Alexia Garamfalvi Organizations: Trump, City Hall, REUTERS, Republican, U.S, U.S . Constitution, Circuit, Appeals, Democratic, Thomson Locations: New York City, U.S, Georgia, Atlanta, U.S ., Boston

Toy figures of people are seen in front of the displayed Paramount + logo, in this illustration taken January 20, 2022. REUTERS/Dado Ruvic/Illustration/FILE PHOTOAug 7 (Reuters) - Paramount Global (PARA.O) said it would sell Simon & Schuster to private-equity firm KKR & Co (KKR.N) for $1.62 billion in cash, ending a year-long attempt to sell the marquee book publisher. Paramount has been trying to offload Simon & Schuster, the publisher of authors such as Stephen King and Hillary Clinton, since a federal judge blocked its $2.2 billion sale to Penguin Random House last year. "Simon Schuster is a fantastic asset, but ... it's not core," CEO Bob Bakish said on a post-earnings call. Paramount will receive gross proceeds of $2.2 billion from the sale of Simon & Schuster, including a $200 million termination fee paid by Penguin Random House and the cash flow it received during the process.

Persons: Dado Ruvic, Simon, Schuster, Stephen King, Hillary Clinton, Penguin Random, Simon Schuster, Bob Bakish, Bakish, Simon & Schuster, Naveen Chopra, Samrhitha, Dawn Chmielewski, Anil D'Silva Organizations: REUTERS, Paramount, KKR, Co, Penguin, BET Media Group, BET, Simon &, Penguin Random, Netflix, Disney, Finance, Hollywood, CBS, U.S, Apple, Thomson Locations: Bengaluru, Dawn, Los Angeles

☆ Texas Judge Blocks State Abortion Ban Against Women With Health Risks
▼ + stars: | 2023-08-05 | by ( Laura Kusisto | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones Locations: texas

District Court Judge B. Lynn Winmill of the District of Idaho agreed with a challenge led by Planned Parenthood that Republican Attorney General Raul Labrador's interpretation of the state's criminal abortion law was "chilling" to providers' First Amendment rights. Idaho's abortion ban calls for revoking the license of any healthcare professional who assists in performing an abortion. Labrador interpreted the word "assists" as prohibiting an Idaho medical provider from referring a woman across state lines for an abortion. But the judge found Labrador's interpretation went too far and enjoined him from prosecuting such cases until an underlying legal challenge to the abortion law is settled in court. "The Court finds that the Medical Providers have established that there is a genuine threat of prosecution.

Persons: Lynn Winmill, Raul Labrador's, Bill Clinton, Daniel Trotta, Brendan Pierson, Lincoln Organizations: of, Planned, Republican, Providers, Medical Providers, Democratic, Medical, U.S, Supreme, Thomson Locations: U.S, Idaho, of Idaho, Labrador

☆ Judge Blocks Biden Administration Asylum Rules
▼ + stars: | 2023-07-25 | by ( Michelle Hackman | Alicia A. Caldwell | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ A Federal Judge Blocked Biden’s Immigration Restrictions
▼ + stars: | 2023-07-25 | by ( Matthew Cullen | ) www.nytimes.com time to read: +1 min

The number of migrants apprehended at the southern U.S. border has plummeted over the past two months, in spite of expectations of a big influx after the lifting of Title 42 in May. Perhaps the biggest reason for the drop, officials say, is that President Biden’s stringent new asylum rules have effectively turned migrants away. Today, that policy was struck down by a federal judge in California, dealing a major blow to Biden’s efforts to manage immigration along the southern border. The groups argued that the policy left migrants vulnerable during long waits in Mexico border towns and that it mimicked a Trump administration rule that had already been blocked. The judge — Jon Tigar, an Obama appointee — sided with the advocacy groups, writing that the policy was “both substantively and procedurally invalid.” He however stayed his order for 14 days, giving the Biden administration time for an appeal.

Persons: Trump, Jon Tigar, —, Biden Organizations: U.S Locations: U.S, California, Mexico

A federal judge struck down on Tuesday a stringent new asylum policy that officials have called crucial to managing the southern border, dealing a blow to the Biden administration’s strategy after illegal crossings by migrants declined sharply in the last few months. The rule, which has been in effect since May 12, disqualifies most people from applying for asylum if they have crossed into the United States without either securing an appointment at an official port of entry or proving that they sought legal protection in another country along the way. Immigrant advocacy groups who sued the administration said that the policy violated U.S. law and heightened migrants’ vulnerability to extortion and violence during protracted waits in Mexican border towns. They also argued that it mimicked a Trump administration rule to restrict asylum that was blocked in 2019 by the same judge, Jon S. Tigar of the United States District Court for the Northern District of California.

Persons: Biden, Trump, Jon S Organizations: United States, Court, Northern, Northern District of Locations: United States, Northern District, Northern District of California

WASHINGTON, July 25 (Reuters) - A U.S. federal judge on Tuesday blocked President Joe Biden's new regulation restricting asylum access at the U.S.-Mexico border, upending a key tenet of his plan to deter migration after COVID-era Title 42 restrictions ended in May. California-based U.S. District Judge Jon Tigar stayed the order for 14 days, leaving the restrictions in place for now. The Biden administration within hours appealed to the U.S. 9th Circuit Court of Appeals. The number of migrants caught crossing the border illegally plummeted in recent months after the new regulation went into place. Whether the trend will continue if the new asylum restrictions are blocked remains unclear.

Persons: Joe Biden's, Jon Tigar, Biden, Donald Trump, Barack Obama, Tigar, prolongs, Katrina Eiland, Ted Hesson, Kristina Cooke, Mica Rosenberg, Chris Reese, Daniel Wallis Organizations: U.S, District, Appeals, Democrat, Republican, Trump, American Civil Liberties Union, ACLU, Reuters, U.S . Department of Homeland Security, White, Thomson Locations: U.S, Mexico, . California, Belize, Colombia, Washington, New York

Investors are awaiting Microsoft (MSFT.O), Google-owner Alphabet (GOOGL.O) and Meta Platforms (META.O) earnings this week, which will show whether their stocks justify sky-high valuations. The Nasdaq (.NDX) lagged other indexes as investors looked to non-tech stocks for bargains, lifting sectors from energy to banks. Helping the Dow (.DJI) notch its longest winning streak since February 2017, Chevron (CVX.N) gained almost 2% as the oil giant posted upbeat preliminary quarterly earnings over the weekend. Nine of the 11 major S&P 500 sectors rose, led by a gain in energy stocks (.SPNY). The S&P 500 posted 22 new 52-week highs and one new low; the Nasdaq Composite recorded 58 new highs and 97 new lows.

Persons: Barbie, Randy Frederick, You've, Carol Schleif, Toymaker Mattel, AMC's, decliners, Carolina Mandl, Bansari Mayur Kamdar, Johann M, Shounak Dasgupta, Anil D'Silva, Richard Chang Organizations: Dow, Nasdaq, Mattel, Chevron, Dow Jones, Federal Reserve, Schwab Center, Financial Research, Microsoft, Google, Investors, BMO Family Office, Reuters, AMC Entertainment, NYSE, Thomson Locations: New York, Bengaluru

Investors are awaiting Microsoft (MSFT.O), Google-owner Alphabet (GOOGL.O) and Meta Platforms (META.O) earnings this week, which will show whether their stocks justify sky-high valuations. The Nasdaq (.NDX) lost steam during the session as investors looked to non-tech stocks for bargains, lifting sectors from energy to banks. Barclays' head of U.S. equity strategy Venu Krishna said in a note to clients that investors are differentiating between tech companies. A few Big Tech names are driving all of the earnings upside, while the outlook for the "Rest of the Tech" is deteriorating, he said. Helping the Dow (.DJI) notch its longest winning streak since February 2017, Chevron (CVX.N) gained as the oil giant posted upbeat preliminary quarterly earnings over the weekend.

Persons: Barbie, Randy Frederick, Venu Krishna, You've, Carol Schleif, Toymaker Mattel, AMC's, Carolina Mandl, Bansari Mayur Kamdar, Johann M, Shounak Dasgupta, Anil D'Silva, Richard Chang Organizations: Chevron, Dow, Dow Jones, Federal Reserve, Schwab Center, Financial Research, Microsoft, Google, Nasdaq, Barclays, Big Tech, Tech, Investors, BMO Family Office, Reuters, AMC Entertainment, Thomson Locations: U.S, New York, Bengaluru

The action-packed week also includes the Fed's policy meeting, with the central bank expected to raise interest rates by 25 basis points on Wednesday. As of Friday, second-quarter earnings are expected to decline by 7.9%, according to Refinitiv data. The tech-heavy Nasdaq (.IXIC) has rallied 34% so far this year, outperforming its Wall Street peers, as rate-sensitive megacap growth companies jumped on hopes of an end to the Fed's tightening cycle and optimism over AI. Ten of the 11 major S&P 500 sectors were higher, led by a 2.1% gain in energy stocks (.SPNY). The S&P index recorded 14 new 52-week highs and one new lows, while the Nasdaq recorded 41 new highs and 67 new lows.

Persons: Barbie, Chris Zaccarelli, Toymaker Mattel, AMC's, Bansari Mayur Kamdar, Johann M, Shounak Dasgupta, Anil D'Silva Organizations: Chevron, Dow, Nasdaq, Federal Reserve, Microsoft, Google, Reuters, Independent, Alliance, Dow Jones, AMC Entertainment, NYSE, Thomson Locations: Bengaluru

☆ AMC shares spike after a judge blocks plan to convert APE shares
▼ + stars: | 2023-07-24 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAMC shares spike after a judge blocks plan to convert APE sharesCNBC’s Kristina Partsinevelos joins 'Power Lunch' to report on AMC shares spike as a judge blocked APE shares.

Persons: Kristina Partsinevelos Organizations: AMC

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