DIRS.INFO The most relevant business & tech news

☆ Paris Olympics is the latest test of whether sports can win subscribers for NBC's Peacock
▼ + stars: | 2024-07-26 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +6 min

In this article CMCSA Follow your favorite stocks CREATE FREE ACCOUNTThe Paris 2024 logo representing the Olympic Games is displayed near the Eiffel Tower in Paris on April 21, 2024, in anticipation of the 2024 Paris Olympic Games and Paralympic Games. Chesnot | Getty ImagesThe Paris Olympics will offer Comcast another chance to lift its streaming platform, Peacock, as it aims to not only attract more subscribers but keep them. But most importantly, Peacock will air the entirety of the Summer Olympics for the first time. The 2020 Tokyo Olympics, which were held in 2021 due to the Covid pandemic, drew the lowest-ever audience for the Summer Games. The Beijing Olympics in 2022 had the lowest viewership ever for the Winter Games, which are notably smaller than the Summer Olympics.

Persons: Peacock, it's, Comcast's, Craig Moffett, they've, Molly Solomon, Kelly Campbell, Simone Biles, Lindsey Wasson, NBCUniversal, Mike Tirico, Grant Fisher, Abdihamid Nur, Patrick Smith Organizations: Olympic, Olympic Games, Paralympic Games, Chesnot, Comcast, Olympics, Ariake Gymnastics, NBC Radio, NBC, Summer Games, Beijing, Winter, Paris Games, Summer, Games, Australia, Team USA, Hayward Field, Getty Locations: Paris, MoffettNathanson, East Coast, U.S, Tokyo, United States, Japan, France, of Versailles, USA, men's, Eugene , Oregon

☆ Openness in AI is necessary to promote fair and competitive markets, said FTC's Lina Khan
▼ + stars: | 2024-07-25 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +6 min

"These conditions have allowed, in some instances, the biggest technology companies to get a layup in the AI space," Khan said. In particular, Khan called for AI models' weights to be publicly available. In the age of AI, Khan said both consumers and enterprises are uncertain of their data's protections when using foundation models. "We only focus on deals that have problems…it's a narrow set of deals that satisfy a narrow set of criteria." In March, Microsoft paid $650 million in a licensing deal to Inflection AI, an emerging OpenAI rival, to use its AI models and hire most of its employees.

Persons: —, Lina Khan, Khan, We've, you've, Jonathan Kanter, Kevin Dietsch, Kanter, execs Organizations: Service, Federal Trade Commission, FTC, Big Tech, Microsoft, Google, Business, Meta, Antitrust, Department of Justice, DOJ, Apple, Tech, New York VC, YC, Amazon Locations: OpenAI, America

☆ The Olympics will challenge mobile-network providers to satiate 15 million attendees' hunger for internet connectivity
▼ + stars: | 2024-07-25 | by ( Chris Stokel-Walker | ) www.businessinsider.com time to read: +7 min

The Olympics will challenge wireless providers as 15 million people seek internet access at once. To meet that expectation, telecommunications companies must bolster Paris' 5G network, the technology system that powers users' mobile-internet access. Harnessing private 5G infrastructureOrange is installing cellphone antennas on boats and extension units in sporting venues to bolster its 5G network. It uses 5G's network-splicing capabilities to reserve a part of the public 5G network for private use. To support the 2024 Olympics' connectivity needs, network providers must prepare to rely on 5G's strength.

Persons: —, they'll, Bertrand Rojat, Rojat, wouldn't, Stephen Giles, Giles, Katherine Ainley, Leila Jordan Organizations: Service, Olympic Games, KT Corp, Olympic, Broadcasters, Prix, UEFA European Football, Stade de France, Rugby, Cisco, NTT Data, International Olympic Committee, Ericsson Locations: Paris, South Korea, Tokyo, France, Orange, French, Ireland

☆ Tesla keeps touting future plans. But without specific details, investors aren't buying it.
▼ + stars: | 2024-07-24 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at another Tesla earnings report that was light on details about big future plans . The approach worked well last quarter when Tesla's earnings report was even worse than expected . However, big-picture plans without concrete details fell flat for investors this time around. It's Tesla's silver lining amid the EV market slowdown. But as beneficial as competitors were to Tesla this quarter, others seem to be gearing up for battle.

Persons: Jordan Strauss, Chelsea Jia Feng, Elon, Katherine Tangalakis, Hannah Getahun, that's, —, Musk, Toby Melville, BI's Nora Naughton, It's, BI's Jordan Hart, Sundar Pichai, Waymo, Jenny Chang, Rodriguez, Wall, Keith Lerner, Ed Yardeni, Michael M, Tyler Le, Jensen Huang, Rebecca Zisser, Biden, Benjamin Netanyahu, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Business, Chelsea, AP, Tesla, Getty, BI Supply, Nvidia, Big Tech, Hollywood, AWS, Microsoft, Paramount, Digital, Google, IBM, Ford Motors, Samsung, Galaxy, The Locations: Waymo, San Francisco, Phoenix, New York, Paris, London

☆ At Camp Female Founders Fund in the Hamptons, women in tech and commerce toast another year of survival, deals, and Taylor Swift
▼ + stars: | 2024-07-24 | by ( Melia Russell | ) www.businessinsider.com time to read: +7 min

Anu Duggal, a founding partner of Female Founders Fund, launched the event during the pandemic to assuage some of the loneliness founders felt. AdvertisementEmily Middleton and Anu Duggal of Female Founders Fund share a laugh onstage during their opening remarks. Yumi Matsuo StudioSince its pandemic beginnings, Camp FFF has evolved into a rare and necessary sanctuary where female founders can connect and sometimes commiserate. Yumi Matsuo StudioIn the tasting room, guests set down cups of cold brew and picked up notebooks before taking their seats. Anu Duggal of Female Founders Fund traded the venture capital uniform of a Patagonia fleece vest for a flamingo-pink pantsuit.

Persons: —, Candace Bushnell, Anu Duggal, Lydia Fenet, Emily Middleton, Yumi Matsuo, Middleton, ChatGPT, Poppy Harlow, Kyle Leahy, Glossier's, Emily Weiss, Leahy, Taylor Swift, Matsuo, Arey, Allison Conrad, Melanie Goldey, Amanda E, J Morrison, Julie Products, Hayley Barna, Barna, Birchbox, Christie Horvath, Horvath, Stephanie Horton, Marina Organizations: Service, Fund, FFF, Business, Tally Health, Google Locations: Southampton , New York, Patagonia

☆ Right-wing media figures call Kamala Harris a ‘DEI’ candidate as race-based attacks ramp up
▼ + stars: | 2024-07-24 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

New York CNN —The right-wing media machine is throwing everything but the kitchen sink at Kamala Harris. In most of corporate America, even calling someone a “DEI” candidate would be grounds for stiff disciplinary action, if not outright dismissal. Which narrative Trump’s media allies settle on remains to be seen. That’s how right-wing media confronted Obama in 2008. What, are they just going to say if you’re not a white male, it’s a DEI candidate?” moderate Republican Sen. Lisa Murkowski said.

Persons: Kamala Harris, Harris, ”, Willie Brown, Brown, she’s, Jesse Watters, “, Biden, Bernie, Sanders, Donald Trump’s, Vance, Trump’s, Barack Obama, Obama, Trump, Joe Biden, you’re, Republican Sen, Lisa Murkowski, “ I’m Organizations: New, New York CNN, Democratic, Fox News, San Francisco, DEI, Media, Democratic Party, Republican Locations: New York, California, Baltimore, America

☆ Tesla's cars are starting to look pretty basic — and that's a problem
▼ + stars: | 2024-07-24 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

But people looking for a flashy new design in Tesla's more traditional car lineup are stuck waiting for now. The Model S and Model X used to be the ultimate status symbol. In 2020, TikTok star Addison Rae made headlines when she was spotted in her bright pink Tesla Model X. And the design of the Model S and Model X hasn't been meaningfully updated since 2021. "If you start announcing some great thing, it affects our near-term sales," Musk said on Tuesday.

Persons: —, Tesla, Addison Rae, Brian Moody, Elon Musk, Tesla's, Edmunds, Ivan Drury, that's, Moody, Musk, Osborne, Stephanie Valdez, Valdez, Streaty Organizations: Service, Business, Cox Automotive, Streaty, Cox Automotive Industry, EV

☆ Trump reemerges in Charlotte to a new opponent and a political landscape reshaped once again by the extraordinary
▼ + stars: | 2024-07-24 | by ( Steve Contorno | Kristen Holmes | ) edition.cnn.com time to read: +6 min

Charlotte, North Carolina CNN —Donald Trump will step out onto the campaign trail Wednesday to an entirely new race and a political landscape once again irrevocably altered by an unprecedented election year. Meanwhile, Trump and his campaign are working to reimagine a playbook and operation launched to take on an unpopular 81-year-old incumbent. He predicted that Harris would start “gaining on or even leading President Trump” in the polls, though he also insisted that the “honeymoon” period would end. Trump’s appearance in Charlotte will provide his first opportunity to contrast himself with Harris before voters in a battleground state. But it was left off the list of states that the Biden campaign viewed as most winnable in a sobering post-debate assessment of the race.

Persons: North Carolina CNN — Donald Trump, Joe Biden, Kamala Harris, Harris, Trump, –, “ Biden, ”, Biden, ” Trump, Trump’s, Harris ’, Tony Fabrizio, Trump ”, Fabrizio, ” Fabrizio, Harris “, Joe Biden’s, “, ” Harris, CNN’s Kate Sullivan Organizations: North Carolina CNN, Trump, Democratic Party, Democratic, Fox, The Democratic National Committee, Biden, San, Democrat, MAGA Inc Locations: Charlotte, North Carolina, Georgia, Minnesota, California, San Francisco, Arizona , Georgia, Nevada, Pennsylvania

☆ Taiwan stole America’s chip industry according to Trump. But that’s not true
▼ + stars: | 2024-07-23 | by ( Wayne Chang | ) edition.cnn.com time to read: +7 min

Industry experts tell CNN that, far from stealing, Taiwan grew its own semiconductor industry organically through a combination of foresight, hard work and investment. The only possible strength that Taiwan had, and even that was a potential one, not an obvious one, was semiconductor manufacturing,” he said. Billionaire Morris Chang, chairman and founder of Taiwan Semiconductor Manufacturing Company, in Hsinchu, Taiwan, on October 6, 2017. It now produces more than 90% of the world’s advanced chips, according to the Semiconductor Industry Association. “Taiwan has very good tech talent and an environment for research, development and investment.

Persons: Donald Trump, Morris Chang, Chang, “, ”, Billionaire Morris Chang, Wang, Christopher Miller, Miller, TSMC, ” Konrad Young, ” Young, Cho Jung, ” Cho, Trump, Trump’s, Joe Biden, Young Organizations: Taiwan CNN — Former, Bloomberg Businessweek, Republican, Industry, CNN, Taiwan Semiconductor Manufacturing, Intel, Motorola, Texas, Computer, Taiwan Semiconductor Manufacturing Company, Bloomberg, Getty, Semiconductor Industry Association, Technology, Samsung Electronics, US, Trump Locations: Taipei, Taiwan, United States, Mountain View , California, Hsinchu, Washington, “ Taiwan, China, ”, South Korea, Arizona

☆ Opinion | What Polling Tells Us About a Kamala Harris Candidacy
▼ + stars: | 2024-07-23 | by ( Kristen Soltis Anderson | ) www.nytimes.com time to read: +3 min

Time: The idea of Ms. Harris as the presumptive Democratic nominee will take a few days to ripple through the public consciousness. Now, one party has answered the call, and one question becomes: Is Ms. Harris that longed-for alternative, or is she seen as simply a continuation of the much-maligned Biden candidacy? Ms. Harris will drive abortion messaging more sharply. Against Ms. Harris, Republicans could fall into the “very online” trap. It’s hard to overstate the extent to which Republicans view Ms. Harris as unappealing.

Persons: There’s, Biden, Kamala Harris, I’m, Donald Trump, JD Vance, Trump’s, Harris, —, they’ll, Mr, Will, ” Ms, Trump, Roe, Wade Organizations: Republican National Convention, Democratic, pollsters, Mr, Harris Voters, Trump

☆ A 5-part investing playbook for avoiding chaos as US stocks head down a rocky path to the election: Truist's strategy chief
▼ + stars: | 2024-07-23 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Read previewInvestors should stay on guard as this market rally loses steam, a veteran strategy chief says. The investment chief and the chief market strategist signaled in April that US equities had an attractive risk-reward setup after a 5.5% selloff. "All those factors combined suggest maybe a choppier market, even though we still think the long-term bull market is intact," Lerner said. "In the fall, I think investors will eventually come back to tech because I still think that's the main secular theme of this bull market," Lerner said. "But I don't know that this is a game changer for this bull market where small caps will be leadership."

Persons: —, Truist's Keith Lerner, Lerner, Truist, Truist Lerner, he's, you've, isn't, haven't Organizations: Service, Nasdaq, Business

☆ Harris eyes changes at campaign headquarters while wary of drama
▼ + stars: | 2024-07-23 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +11 min

But now it has to retool to elect Kamala Harris, who’s a Black and South Asian woman in the year 2024,” said one aide at campaign headquarters. Never have the people on what was, until Sunday afternoon, the very small core team around Harris felt so popular. That, they know, has to change immediately, but will happen as Harris’ staff is asked to step in. Retaining hard fought Harris equilibriumLike Biden, Harris doesn’t have a history of running great or well-functioning campaigns, whether that was her Senate race in 2016 or her 2020 presidential run that didn’t even survive until December of 2019. So at least for now, the campaign staff are trying to hold to a line that deputy campaign manager and digital outreach specialist Rob Flaherty used on a call Monday afternoon that senior staff held.

Persons: CNN —, Joe Biden, Kamala Harris, Harris, retool, who’s, ”, Biden, Mike Donilon, didn’t, Steve Ricchetti, Bruce Reed, Anita Dunn, “ It’s, Trump, Jeff Zients, —, Harris ’, Tony West, Rahm Emanuel —, Bill Clinton, Japan —, Emanuel, “, David Plouffe, Barack Obama’s, Plouffe, Donald Trump, Jen O’Malley Dillon, Julie Chavez Rodriguez, O’Malley Dillon, Quentin Fulks, Joe, ” Harris, it’s, Harris doesn’t, flay, Hillary Clinton’s, Megan Jones, Kirsten Allen, Sheila Nix, Brian Fallon, ruefully, Rob Flaherty, ” Flaherty Organizations: CNN, American, White House, Democratic, Wing, White, Justice Department, House Democratic, Chicago, Naval, West Wing, House Locations: Harris, Japan, doesn’t, Washington, Wilmington

☆ If Harris Is the Nominee, It Still Won’t Be Easy to Beat Trump
▼ + stars: | 2024-07-22 | by ( Nate Cohn | ) www.nytimes.com time to read: +1 min

It hasn’t always been easy for Democrats to follow this playbook. With President Biden bowing out of the race Sunday and endorsing Vice President Kamala Harris, Democrats still won’t find it easy to follow their time-tested approach. Many Democrats have coalesced behind Ms. Harris, but she doesn’t start the campaign as the kind of broadly acceptable candidate Democrats have put forward to great success during the Trump era. At the outset, one enormous caveat is necessary: Ms. Harris became a candidate for president only on Sunday. She will have every opportunity to reintroduce herself to the nation, distinguish herself from Mr. Biden and rally Democratic voters in the weeks ahead.

Persons: Donald J, Trump, they’ve, Bernie Sanders, Joe Biden, Biden, Kamala Harris, Harris Organizations: Democrats, Democratic

☆ Kamala Harris might trigger Trump's biggest vulnerability
▼ + stars: | 2024-07-22 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. While she isn't yet his official opponent, Vice President Kamala Harris' mere presence could provoke such a reaction. Years later, Trump deeming former Secretary of State Hillary Clinton "a nasty woman" remains a badge of honor for Democrats. Trump's former foes have turned his attacks into rallying cries, a response that Harris and her allies are likely to use. "Sarah, you're smart, you're beautiful, you're tough, and they attack you because you're good at your job," Sanders said.

Persons: —, Donald Trump, Kamala Harris, Trump, Jeb Bush's, Marco Rubio's, Ron DeSantis, Megyn Kelly, Carly Fiorina, Fiorina, Hillary Clinton, Roy, E, Jean Carroll, Nikki Haley's, Michael, Haley, Harris, Alexandria Ocasio, Cortez, Ayanna Pressley, Rashida, Ilhan Omar, Omar, Mike Turner of, Biden, Hulk Hogan, Dana White, Sarah Huckabee Sanders, Sarah, Sanders Organizations: Service, Business, Trump, Fox News, Hewlett, Packard, GOP, Reps, Ayanna Pressley of Massachusetts, Republican, Twitter, Democratic, The New York Times, Convention, UFC, Arkansas Gov, White Locations: Cortez of New York, Ayanna Pressley of, Michigan, Somalia, Mike Turner of Ohio

☆ Kamala Harris' opening argument: Vote for me and I'll decimate Project 2025
▼ + stars: | 2024-07-22 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

Read previewShortly after President Joe Biden endorsed Vice President Kamala Harris for the Democratic nomination, Harris made her opening pitch to the country, arguing that voting for her will allow her to decimate the controversial Project 2025. I will do everything in my power to unite the Democratic Party—and unite our nation—to defeat Donald Trump and his extreme Project 2025 agenda. Although Harris said that she is determined to defeat former President Donald Trump and "his extreme Project 2025 agenda," Trump himself has called the project "ridiculous." Related storiesHe attempted to distance himself from it with a post on his Truth Social on July 5, saying: "I know nothing about Project 2025." "I disagree with some of the things they're saying and some of the things they're saying are absolutely ridiculous and abysmal," Trump wrote.

Persons: —, Joe Biden, Kamala Harris, Harris, Donald Trump, xpPDkCRhoZ — Kamala Harris, Trump, Steven Cheung, Kamala, Biden Organizations: Service, Democratic, Democratic Party —, Business, Heritage Foundation, Republican, Department of Education, FBI, Trump, Republican National Convention, GOP, Business Insider Locations: @KamalaHarris

☆ Amazon could help fix its troubled grocery business — by expanding it
▼ + stars: | 2024-07-21 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

But Amazon, which has also spent four years opening Amazon Fresh stores and trying to build its grocery delivery business, hasn't been as disruptive to existing players like Walmart and Kroger as some feared it would be. To better serve the middle, Amazon could consider acquiring a grocery chain that already exists to boost its store network, Grewal said. Besides selling groceries, Amazon could use the stores to fill pick-up and delivery orders, much as they already do with Amazon Fresh and Whole Foods. AdvertisementOthers have also said that acquiring more stores could give Amazon the boost it needs to succeed in the grocery business. Do you work for Whole Foods, Amazon Fresh, or another part of Amazon's retail operations and have a story idea to share?

Persons: —, hasn't, it's, Dhruv Grewal, Grewal, Bernstein, Andy Jassy, Jassy Organizations: Service, Foods, Walmart, Kroger, Business, Babson College, Amazon, Albertsons Locations: Seattle

☆ Earnings playbook: Your guide to a busy week of earnings, including Alphabet and Tesla
▼ + stars: | 2024-07-21 | by ( Fred Imbert | ) www.cnbc.com time to read: +7 min

What history shows: Data from Bespoke Investment Group shows GM beats earnings expectations 87% of the time. Tesla is set to report earnings after the close. What history shows: Bespoke data shows GM beats earnings expectations 62% of the time. What history shows: Ford earnings exceed estimates nearly 70% of the time, according to Bespoke. This quarter: Earnings for the airline are expected to have fallen more than 10% from the year-earlier period, per LSEG.

Persons: Michael Wayland, Tesla, Elon Musk, Dan Levy, Ben Kallo, Benjamin Black, Jim Farley, Matthew Swanson, Swanson, AAL, Leslie Josephs Organizations: Big Tech, Google, Ford Motor, IBM, General Motors, CNBC, Tuesday, GM, Investment Group, LSEG, Barclays, Energy, Deutsche Bank, Wednesday Ford, Ford, Ford Pro, RBC, Thursday, Airlines, American Airlines, Investors Locations: China

☆ Markets broaden as investors sell tech winners, but further turbulence may be on the way
▼ + stars: | 2024-07-20 | by ( Michael Santoli | ) www.cnbc.com time to read: +7 min

The four best-performing stocks in the S & P 500 year to date were down an average of 13.5% last week. .SPX 5D mountain The S & P 500's performance in the past five trading days. The anchoring effect of a persistently strong half-dozen $1-trillion to $3-trillion companies atop the S & P 500 while most stocks wallowed had the effect of suppressing index volatility. The S & P 500 is now about 3% off its record, and the Nasdaq 100 is in a roughly 5% retreat from its high. History says when the S & P 500 has been up more than 10% in the first half of a year , as in 2024, it has gone to further highs by year's end nearly every time.

Persons: Russell, Donald Trump, Cash, Parag Thatte, Thatte, Goldman Sachs, wallowed, Cantor Fitzgerald Organizations: Axonic Capital, Deutsche Bank, Nasdaq

☆ Will the rally in small-cap stocks last? Investors share their take — and their picks
▼ + stars: | 2024-07-18 | by ( Weizhen Tan | ) www.cnbc.com time to read: +5 min

Investors are flocking to small-cap stocks right now, driving this segment of the market to new highs this week. He also noted that the Russell 2000 is outperforming the S & P 500 by the widest margin since November 2021. But according to him, one group of small-cap stocks could do well if rates were to stay higher for longer: regional banks. However, Turnquist cautioned that small-cap growth stocks would find the outlook tougher than small-cap value stocks, as they are more sensitive to economic health. How to play small-caps Investors who have been making a play for small-caps include billionaire Stanley Druckenmiller , who revealed a big bullish position in small-cap stocks last quarter.

Persons: Russell, Adam Turnquist, Turnquist, we've, There's, Trump, Kelvin Wong, Donald Trump, Wong, Stanley Druckenmiller, FactSet, David Dietze, Dietze, Jay Hatfield, Kilroy, Jefferies, Hatfield, —, Yun Li Organizations: CNBC, LPL, U.S . Federal, Federal Reserve, Citi, Wealth Management, CNBC Pro, Corp, Jefferies Locations: U.S, America

☆ The rout in tech stocks is a 'golden buying opportunity' for investors, analyst says
▼ + stars: | 2024-07-18 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

The recent tech sell-off is a "golden buying opportunity," according to Wedbush. The midweek rout in tech stocks was partly triggered by Trump's hawkish comments about Taiwan. But solid earnings results in the second-quarter should spark a rebound in the tech trade, Ives said. AdvertisementThe sell-off in technology stocks represents a "golden buying opportunity" for investors, according to Wedbush analyst Dan Ives. Principal Asset Management's Todd Jablonski said this tech sell-off is simply a small blip in the grand scheme of things.

Persons: Trump's, Ives, —, Dan Ives, Donald Trump's hawkish, Trump, Joe Biden's, it's, Todd Jablonski, Jablonski Organizations: Service, Bloomberg Businessweek, Nasdaq, Trump, Semiconductor Locations: Taiwan, China, Beijing, U.S, 1H2024

The artificial intelligence startup and Menlo Ventures are launching a $100 million fund on Wednesday to back early-stage startups, and get them using the AI company's technology. It initially started with $100 million in 2008, and doubled to $200 million two years later. Venture capitalists are now looking for ways to sweeten their offers to court AI startups, as investors swarm to the hottest deals. Funding for AI startups more than doubled in the second quarter from the first, topping $24 billion, according to data from Crunchbase. OpenAI has its own venture fund, the OpenAI Startup Fund, which its website says is "investing $175 million to help AI companies have a profound, positive impact on the world."

Persons: Anthropic, Kleiner Perkins, Matt Murphy, Murphy, Daniela Amodei, Dario, OpenAI, ChatGPT Organizations: Menlo Ventures, Menlo, Apple, CNBC, Venture, OpenAI, Fund Locations: Crunchbase

☆ Stocks are booming in 2024, but financial advisors say it may be time to get a little defensive
▼ + stars: | 2024-07-16 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

With the S & P 500 surging more than 18% in 2024, it might be time for investors to make a few defensive moves in their portfolios. But that surge is spurring some financial advisors to reassess their clients' exposure to large-cap tech and turn toward currently unloved asset categories that could be poised to rise. "It might take a little longer to manifest but we think [health care] is an interesting combination of offense and defense, and it provides meaningful cash flows for investors," Saccocia said. Checking in on risk and cash Investors reviewing their 2024 gains should also reassess their risk profile and consider whether their asset allocation reflects their long-term goals. Tom Balcom, CFP and founder of 1650 Wealth Management in Lighthouse Point, Florida, has used custom market-linked notes to hedge clients' exposure to the market.

Persons: Nvidia —, Shon Anderson, Russell, Jerome Powell's, Shannon Saccocia, Neuberger Berman, Saccocia, Colin Gerrety, Gerrety, Tom Balcom, Balcom, Morningstar Organizations: Nvidia, Anderson Financial, Federal, Big Tech, Investors, JPMorgan Chase, UnitedHealth, Wealth Services Locations: Dayton , Ohio, REITs, North Bethesda , Maryland, Lighthouse Point , Florida

If enacted, Project 2025 would bring major changes to Americans' finances. "As we've been saying for more than two years now, Project 2025 does not speak for any candidate or campaign," a spokesperson from Project 2025 said in a statement. "We are a coalition of more than 110 conservative groups advocating policy and personnel recommendations for the next conservative president." "But it is ultimately up to that president, who we believe will be President Trump, to decide which recommendations to implement," the organization said. While some of the changes proposed in Project 2025 could happen via executive action, many would need congressional approval, which could prove difficult in a divided government.

Persons: Donald Trump, Trump, Joe Biden, Biden, Zers, we've Organizations: Heritage Foundation, Trump, Finance, America Locations: Philadelphia

☆ Earnings playbook: Your guide to the first full week of the reporting season, including Netflix and Goldman
▼ + stars: | 2024-07-14 | by ( Fred Imbert | ) www.cnbc.com time to read: +5 min

Monday Goldman Sachs is set to report earnings before the bell. This quarter: Morgan Stanley is expected to report earnings per share growth of more than 30%, per LSEG. What history shows: Bespoke data shows United beats earnings expectations 71% of the time. Thursday Netflix is set to report earnings after the bell, with a conference call slated for 4:45 p.m. This quarter: The streaming giant is expected to report earnings per share growth of more than 40%, per LSEG.

Persons: Goldman Sachs, Morgan Stanley, Hugh Son, David Solomon, Goldman, Ted Pick, UAL, Leslie Josephs, NFLX, Goldman's Eric Sheridan, Citi's Jason Bazinet Organizations: Bank of America, Netflix, CNBC, LSEG, Investment, Wednesday United Airlines, Delta, Boeing, Airbus

☆ The Chinese Base That Isn’t There
▼ + stars: | 2024-07-14 | by ( Agnes Chang | Hannah Beech | ) www.nytimes.com time to read: +10 min

Security gate Chinese-funded buildup CAMBODIA Chinese warship CAMBODIA CAMBODIA Dry dock and other repair facilities Before After China insists it is not building a naval base in Cambodia. CHINA Ream, CambodiaThe Chinese Base That Isn’t There New facilities and the months-long presence of Chinese warships show Beijing’s growing global influence. In 2020, something curious happened at Cambodia’s Ream military base, on the Gulf of Thailand. The Chinese military presence near one of the world’s most vital sea lanes raises fundamental questions about Beijing’s ambitions. “The Ream military base is Cambodia’s, not the military base of any country,” Mey Dina, the commander of the base, told The New York Times.

Persons: CHINA, —, ”, Jan, John, “ We’re, Lloyd J, Austin III, ” Mey Dina, Mey Dina, Xi Jinping, dredgers, Ream, Gregory B, Poling, ‘ Ream, Xi, Hun Sen, Mr, Hun Sen’s, Hun Manet Organizations: U.S . Defense Department, Thunderbird School of Global Management, Arizona State University, Agence France, Navy, Planet Labs, Ream, Pentagon, New York Times, China’s, China’s Djibouti Naval, Basketball, Djibouti ETHIOPIA Perimeter, NAM Ream, Center for Strategic, International Studies, Cambodian, Congressional Research Service, White, AMERICA Ports, SOUTH AMERICA SRI LANKA, China, China ASIA EUROPE CHINA AFRICA Djibouti Ream SRI LANKA, United States Military Academy Locations: CAMBODIA CAMBODIA, China, Cambodia, CHINA Ream, Thailand, Ream, South China, American, Cambodian, U.S, People’s Republic, China’s, Djibouti, Horn of Africa, China’s Djibouti, YEMEN Djibouti, Djibouti ETHIOPIA, THAILAND, Cambodia Malacca, Africa, Asia, Southeast Asia, Djibouti Ream Africa, ASIA EUROPE, China CHINA AFRICA Djibouti, AUSTRALIA, China ASIA EUROPE CHINA AFRICA Djibouti, United States, Spratlys

Search resuls for: "Playbook"

25 mentions found