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☆ Celtics capture 18th NBA championship with Game 5 win over Mavericks
▼ + stars: | 2024-06-17 | by ( Joe Vardon | ) www.nytimes.com time to read: +8 min

BOSTON — The Boston Celtics are again champions of the NBA, having claimed a milestone title Monday night that will reverberate from coast to coast and carve out legacies for the current pillars of this storied franchise. The Celtics beat the Dallas Mavericks 106-88 in Game 5 of the 2024 NBA Finals to win the series 4-1 and claim a league-record 18th NBA championship. Tatum finished with 31 points, 11 assists and eight rebounds, while Brown added 21 points. “(The Celtics are) a great team,” said Dončić, who played the series with a bruised chest and lower leg injuries. On the other end of the spectrum, Mazzulla, 35, is the youngest coach since the ABA-NBA merger in 1976 to win a title.

Persons: Joe Mazzulla, Larry O’Brien, it’d, ”, Jayson Tatum, “, ” Tatum, Jaylen Brown, Celtics ’, Tatum, Brown, Russell, it’s, ” Brown, Jayson, Payton Pritchard, PAYTON PRITCHARD, J. W, stu, Irv, ng, te, Kar, nin Organizations: BOSTON, Boston Celtics, NBA, Celtics, Dallas Mavericks, Garden, Celtic, Boston, Los Angeles Lakers, ” Celtics, ” Boston, Dallas, ABA Locations: Boston

☆ 10 things to watch in the stock market Monday on a holiday-shortened week
▼ + stars: | 2024-06-17 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

For the week: The tech-heavy Nasdaq gained 3.2%, while the S & P 500 rose 1.6% and the Dow fell 0.5%. The analysts raised their price target to $106 per share from $85. There were several price target bumps on Micron ahead of earnings next week on June 26. Nike price target was lowered to $114 per share from $116 at Morgan Stanley. Citigroup price target was increased to $66 per share from $63 by RBC Capital.

Persons: Wedbush's Ives, Toll, Goldman Sachs, Morgan Stanley, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Dow, Fed, Citi, UBS, Microsoft PT, Microsoft, Apple, Union Pacific, Loop, Autodesk, Wall Street, Micron, Bank of America, PT, Nike, Citigroup, RBC Capital, Jim Cramer's Charitable, CNBC, Dow Nasdaq, Microsoft Apple, Union Pacific Activist Investor, Micron Nike Citigroup

☆ Elon Musk's payday drama comes to a head today
▼ + stars: | 2024-06-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

It's always sunny at Business Insider when "Welcome to Wrexham" star Rob McElhenney is around. In today's big story, we're looking at the drama between Tesla shareholders over Elon Musk's bumper pay package that gets decided on today . As funny as that sounds, the battle over Elon Musk's pay package is no joke. One longtime Tesla investor said the EV maker is " kind of the bottom of the pecking pole of Elon's companies ." Vote here on if you're for or against Musk's pay package .

Persons: —, Rob McElhenney, Elon, Apu Gomes, Chelsea Jia Feng, Insider's Grace Kay, they're, he's, Brooks Kraft, Musk, it's, Gwynne Shotwell, Somodevilla, Blackstone, Dan Ives, Araya Doheny, Patrick Fallon, Jenny Chang, Rodriguez, Henrik, Fisker, VCs, that's, whittle, Mark Zuckerberg, de Haro, Gen Zers, Mike Verdu, Slack, Brad Smith, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Elon, Getty, Retail, Brooks Kraft LLC, Nvidia, Tesla, Wall, SpaceX, Federal Reserve, Big Apple, Apple, Microsoft, BI, Adobe Locations: Wrexham, Delaware, Tesla, Manhattan, New York, London

☆ Protest outside New York exhibition on those killed at Israel music festival was ‘really heartbreaking,’ spokesperson says
▼ + stars: | 2024-06-12 | by ( Zenebou Sylla | ) edition.cnn.com time to read: +4 min

CNN —A Monday night demonstration outside an exhibition that pays tribute to those killed at an Israeli music festival last year is “really heartbreaking for everyone involved,” an exhibition spokesperson says. “It was pretty surreal that this protest took place outside of exhibition commemorating hundreds of lives of people that were lost,” the spokesperson, Michelle Rojas, told CNN Monday. The exhibition commemorates those killed at the Nova Music Festival in Israel during the October 7 attacks by Hamas. The protest was part of a “Citywide Day of Rage for Gaza,” in which pro-Palestinian protesters demonstrated outside museums across New York City on Monday. Multiple protesters were taken into custody, and 23 were released with criminal court summons, according to the New York City Police Department.

Persons: ”, Michelle Rojas, Israel, Eric Adams, “, ” Adams, Andrew Bates, Bates, Biden, Rojas, ” Rojas Organizations: CNN, Nova Music, Brooklyn Museum, Hamas, New York City Police Department, New, New York City, Yorker, Nova, NYPD, House, Holocaust Locations: Israel, Gaza, ”, New York City, New York, York, United States

☆ The Race for Running Mate
▼ + stars: | 2024-06-11 | by ( Michael C. Bender | ) www.nytimes.com time to read: +1 min

Discipline, experience and risk aversion are not traits typically associated with Donald Trump’s political brand. But his search for those values in a running mate has helped him narrow the field, for now, to a top tier of contenders, people in his orbit tell me. People already know him, so he doesn’t need someone to woo a particular constituency, as Mike Pence did with evangelicals in 2016. But he worries that a running mate can create unwanted distractions. Advisers say he keeps injecting new contenders into the mix and pressuring his campaign for an announcement during the Republican Party’s convention next month.

Persons: Donald Trump’s, Trump, Mike Pence Organizations: Republican

☆ I work 2 full-time jobs from 9 a.m. to 10 p.m. I'm sacrificing sleep, friends, and hobbies so I can retire in my 30s.
▼ + stars: | 2024-06-09 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +6 min

I started working two jobs while I was finishing my sociology and business major in college in 2021. My marketing job was flexible, so I could do my college work during my lunch breaks or quiet periods. I kept up my 2 jobs after collegeIt felt natural to continue working two jobs after graduating from college in 2022. I kept up my customer service job, working 65 hours over two weeks. If you work two full-time jobs and would like to share your story, email Ella Hopkins at ehopkins@businessinsider.com.

Persons: —, Jane, I'd, I'm, I've, Ella Hopkins Organizations: Service, Business, FIRE Locations: Canada, ehopkins@businessinsider.com

☆ GameStop soars 41% after Roaring Kitty schedules a YouTube live session for this week
▼ + stars: | 2024-06-06 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

The stock soared after Roaring Kitty scheduled a livestream on his YouTube channel for this week. The upcoming livestream is titled "Roaring Kitty Live Stream - June 7, 2024" and already has 12,500 YouTubers "waiting" for the stream to start. Gill's The Roaring Kitty YouTube account gained tens of thousands of subscribers on Thursday, climbing to 711,000. AdvertisementLast month, Gill's Roaring Kitty X account posted a slew of memes and sparked a massive rally in meme-stocks, led by shares of GameStop. Gill revealed he owns 5 million shares of GameStop worth more than $200 million based on Thursday afternoon prices.

Persons: Roaring Kitty, Keith Gill's, —, Jmoa, Adam Smith, Kitty, Gill, Reddit Organizations: GameStop, Roaring, YouTube, Service, Keith Gill's YouTube, Business Locations: YOLO

Generating income with dividend stocks Dividend stocks have long been a staple of income investors' portfolios. Municipal bonds offer income that's free of federal tax, however. These names trade on exchanges like stocks, and they can offer dividend yields upward of 6%. Options strategies to create income Derivative income funds , such as the JPMorgan Equity Premium Income ETF (JEPI), gathered some $22 billion in 2023, according to Morningstar. Further, consider comparison shopping, as all "derivative income" funds have their own quirks and differences in strategies could affect their risk/return profile.

Persons: Janus Henderson, Walt Disney's, Amber Milam, Jefferies, It's, Savita Subramanian, Subramanian, Russell, Louis, Morningstar, Mike Mulach, Rick Rieder, he'd, Kathleen McNamara, there's, –, Bill Gross, JEPI, Cash, Ashton Lawrence Organizations: Federal Reserve, Meta, Mobile, Bank of America, IBM, . Investment, Fitch, Credit, nab, ICE, Federal Reserve Bank of St, Louis Fed, UBS, UBS Wealth Management, York Life Investments, –, JPMorgan, Mariner Wealth Advisors Locations: U.S, Greenville , South Carolina

☆ ValueAct increases Salesforce stake to nearly $1 billion, sending shares up
▼ + stars: | 2024-06-06 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Mason Morfit, Salesforce board member and co-CEO of activist investor ValueAct, has increased his stake in Marc Benioff's software firm to just under $1 billion, acquiring $99 million worth of shares earlier this week, just days after the company reported its first revenue miss since 2006. The trade was disclosed in a regulatory filing Thursday, sending Salesforce shares up around 3.5% on the news in morning trading. The other activists eyeing Salesforce at the time included Elliott Management, Dan Loeb's Third Point, and Starboard Value. Earlier this year, Salesforce's widely reported pursuit of data management firm Informatica sent shares see-sawing before the putative target said it was not considering a sale. Salesforce shares briefly eclipsed their previous 2021 highs earlier this year, but have since given back those gains and are down 4% year-to-date.

Persons: Mason Morfit, ValueAct, Marc Benioff's, Morfit, Benioff's, eyeing Salesforce, Elliott, Dan Loeb's, Benioff, Salesforce's, Jeff Ubben, Bob Iger, Trian's Nelson Peltz, Ike Perlmutter, Salesforce Organizations: ValueAct, Elliott Management, Informatica, Microsoft, Marvel Locations: New York, U.S, Benioff

☆ G.O.P. Blocks Contraception Bill in Senate as Democrats Seek Political Edge
▼ + stars: | 2024-06-05 | by ( Annie Karni | ) www.nytimes.com time to read: +1 min

Senate Republicans on Wednesday blocked action on legislation to codify the right to contraception access nationwide, a bill Democrats brought to the floor to spotlight an issue on which the G.O.P. is at odds with a vast majority of voters. All but two Republicans present — Senators Lisa Murkowski of Alaska and Susan Collins of Maine — voted against advancing the legislation. “This should be an easy vote,” Senator Patty Murray, Democrat of Washington, said on the Senate floor ahead of the vote. “It almost shouldn’t be necessary.”But Ms. Murray said that Republican lawmakers have made it so by seeking to advance anti-abortion legislation that could limit access to contraceptives like Plan B and IUDs.

Persons: Lisa Murkowski, Susan Collins, Maine —, Patty Murray, Murray Organizations: Democrat, Republican Locations: Alaska, Washington

☆ Bad economic news has been good for stocks, but that could change this week
▼ + stars: | 2024-06-03 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

Bad economic news so far has been mostly positive for the stock market, as investors worry over whether the Federal Reserve will start cutting interest rates. The greenback often rises on bad news as investors seek the safety of cash and equivalents, while the stock market gains on good news. .SPX .DXY line 2024-04-01 Stocks vs. the dollar At the same time, economic data has generally deteriorated, or at least not met Wall Street forecasts. For the most part, bad economic news likely could help convince the Fed that the time is right to start lowering interest rates. Based on the prior two months, the unemployment rate would have to rise to 4.3% in May for that to happen.

Persons: Ohsung Kwon, Kwon, Dow Jones, Claudia Sahm, BofA Organizations: Federal Reserve, Bank of America, Citi, Fed, Bureau of Labor Statistics, New Century Advisors

Raymond Hall/Getty ImagesGypsy Rose Blanchard will offer a close look at her life after prison in the new Lifetime docuseries Gypsy Rose: Life After Lock Up. Whether you have cable or are looking for a live streaming alternative, we've got you covered when it comes to where to watch Gypsy Rose: Life After Lock Up live. Gypsy Rose: Life After Lock Up shows Blanchard as she attempts to reacclimate to everyday life while grappling with her newfound fame. Where to watch Gypsy Rose: Life After Lock Up in the USNew episodes of Gypsy Rose: Life After Lockup air on Mondays at 9 p.m. Gypsy Rose: Life After Lock Up trailerLifetime released a trailer for Gypsy Rose: Life After Lock Up at the end of May.

Persons: Rose Blanchard, Raymond Hall, we've, Blanchard, Gypsy Rose Blanchard, Rose, Philo, ExpressVPN Organizations: Business, Getty, Lifetime, Sling, AMC, TLC, Food Network, TNT, CNN, ESPN

☆ Live updates: Boeing and NASA scrub launch of Starliner spacecraft
▼ + stars: | 2024-06-01 | by ( Jackie Wattles | Ashley Strickland | ) edition.cnn.com time to read: +1 min

Mission teams are working to understand what caused an automatic hold of Starliner's launch minutes before liftoff and focusing on safely extracting the crew. Currently, the rocket and spacecraft are in a safe configuration, according to the NASA broadcast. Later today, the rocket tanks will be drained of propellant, which is called detanking. Meanwhile, mission teams will analyze the countdown sequence to find out what caused the hold, which remains unknown at this time. The Ground Launch Sequencer, or computer that essentially launches the rocket, performs key actions during the final 10 minutes before launch, like pressurizing the fuel tanks for launch, transitioning the vehicle to its onboard batteries from ground electrical systems and configuring other systems for launch.

Persons: Starliner's Organizations: NASA

We have everything you need to know on how to watch Wilder vs. Zhang from anywhere in the world. How to watch Wilder vs. Zhang in the US & CanadaWilder vs. Zhang will be available to live stream through DAZN in the US and Canada. So, you'll only need to pay $69.99 for the Wilder vs. Zhang PPV event upfront. Shop at DAZNHow to watch Wilder vs. Zhang in the UKDAZN will also live stream the fight in the UK. How to watch Wilder vs. Zhang in 200 other countriesDAZN is available in more than 200 countries.

Persons: Wilder, Zhang, Joshua scuppered, Joseph Parker, Parker, We've, you'll, DAZN, Canada Wilder, It's, Usyk, ExpressVPN, hasn't, they're, Wilder Dubois, Hrgovic, Ford, Williams Hutchinson, Richards Organizations: Business, Fury, Kiwi, Canada, Wilder Locations: Riyadh, tatters, It's, Canada, Dubois

☆ UBS expects a comeback for the 60/40 portfolio — and warns investors to limit cash
▼ + stars: | 2024-05-31 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

The 60/40 portfolio isn't dead — in fact, it tends to outperform over the long term, according to UBS. The strategy revolves around a simple balanced portfolio, allocating 60% to stocks and 40% to fixed income. That theory was tested when both equities and fixed income slumped in 2022. Crafting a balanced portfolio Falconio expects the new 60/40 construction to look a little different with the rise in popularity of alternative assets. When it comes to traditional fixed income assets, UBS suggests holding strategic, diversified exposure throughout fixed income.

Persons: Cash, Mark Haefele, Leslie Falconio, Falconio, Fannie Mae, Freddie Mac, Ginnie Mae, Darla Mercado Organizations: UBS, Investment Company Institute, Federal Reserve, U.S . Locations: UBS Americas, —

☆ Costco shares dip despite earnings beat. There's no cause for investor concern
▼ + stars: | 2024-05-30 | by ( Jeff Marks | ) www.cnbc.com time to read: +8 min

On an annual basis, Costco's EPS grew 29%. After closing at a record $815.34 per share Thursday, Costco's stock declined about 1.5% in extended trading. Core merchandise was flat on a reported basis, but a two-basis-point improvement when excluding the impact of gasoline. Costco's reporting segment for so-called "other" items saw a 57-basis-point benefit on a reported basis and a 56-basis-point benefit ex-gas. Costco's inflation update remained encouraging.

Persons: We're, Ron Vachris, Gary Millerchip, Vachris, Millerchip, Costco didn't, that's, Richard Galanti, Jim Cramer's, Jim Cramer, Jim Organizations: Costco Wholesale, Costco, LSEG, Wholesale, Walmart, Club, Amazon, CNBC, Costco Self, Ucg, Getty Locations: U.S, Canada, Queens , New York

☆ Stock market today: US stocks extend losses ahead of new inflation data
▼ + stars: | 2024-05-30 | by ( Max Adams | ) www.businessinsider.com time to read: +3 min

Shares of Salesforce dragged the Dow lower after it posted its first revenue miss in nearly 20 years. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementUS stocks continued a painful slide lower on Thursday as traders turned their attention to upcoming inflation data that could set the tone for the market as it heads into the summer months. ET, both indexes became stuck on several websites, though individual stock prices continued to update normally. Shares of Salesforce dragged the Dow as the stock dropped 20% after it reported its first revenue miss in almost 20 years.

Persons: Stocks, Salesforce, —, Dow, David Russell Organizations: Service, Dow Jones, Dow, Treasury, Global, Barclays, Here's

☆ For some millennials, the reality of their retirement plans is that they're a fantasy
▼ + stars: | 2024-05-29 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

The documentary chronicles the rise and fall of the movie-ticket-subscription company MoviePass, and is based on award-winning reporting from Business Insider . The big storyRetirement mathGetty Images;Alyssa Powell/BIFor some millennials, the reality of their retirement plans is that they're a fantasy. AdvertisementIt's not the first time we've gotten troubling data about millennials' retirement plans. But it's not just a lack of savings working against millennials' plans of riding off into the retirement sunset. AdvertisementAnd if you're hoping for a Hail Mary in the form of a fat inheritance to jumpstart your retirement plans, that's not looking great either.

Persons: —, MovieCrash, Alyssa Powell, Jacob Zinkula, William Edwards, we've, it's, millennials, Hail Mary, that's, Juliana Kaplan, It's, Johannes Simon, Neel Kashkari, Sam Altman, Justin Sullivan, Oliver Mulherin, Scarlett Johansson, Altman, Jensen Huang, Adam Neumann, Neumann, WeWork, Moviegoing, there's, BI's Peter Kafka, Sheryl Sandberg, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, HBO, Max, Business, Hail, Reserve Survey, Consumer, Wall, Minneapolis, UBS, Google, Nvidia, BI, Hollywood, HP Locations: Swiss, BI Denmark, New York, London

☆ Activist Investor Nelson Peltz Is Said to Sell His Disney Stake
▼ + stars: | 2024-05-29 | by ( Lauren Hirsch | More About Lauren Hirsch | ) www.nytimes.com time to read: +1 min

Nearly two months after losing an epic corporate battle to get on the board of the Walt Disney Company, Nelson Peltz is no longer an investor in the entertainment company. Mr. Peltz, the billionaire head of the hedge fund Trian Fund Management, controlled about $3.5 billion in Disney stock, a vast majority of it owned by Ike Perlmutter, a former chairman of Marvel Entertainment. Mr. Peltz has now sold his portion of those shares, a person familiar with the investment said, requesting anonymity to discuss confidential matters. By selling his shares, Mr. Peltz is seemingly removing a thorn in Disney’s side. Mr. Peltz, an activist investor, began criticizing Disney’s management under Robert A. Iger, the chief executive, early last year, pointing to the company’s streaming strategy, lagging stock price and succession planning.

Persons: Nelson Peltz, Peltz, Ike Perlmutter, Robert A, Trian Organizations: Walt Disney Company, Fund Management, Disney, Marvel Entertainment

☆ CNBC Pro Talks: Beyond Nvidia: Outperforming fund manager to reveal the AI stocks to buy
▼ + stars: | 2024-05-28 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +2 min

As the hype surrounding artificial intelligence shows no signs of abating, one tech fund manager is set to reveal her top ways to play the AI theme. On Wednesday's Pro Talks, Pleydell-Bouverie — who co-manages Lionstrust's global tech, innovation and dividend funds — will name companies that are "selling the picks and shovels for AI" and are "already making money." Pleydell-Bouverie manages the Liontrust Global Innovation, Liontrust Global Dividend and Liontrust Global Technology funds. Over the year to the end of March, all three funds have beaten their benchmark indexes, with the Liontrust Global Technology Fund rising 51.9%, compared to the MSCI World Information Technology Index's 39.1%. Learn more from our previous Pro Talks: Should investors buy the dip in Lululemon?

Persons: Clare Pleydell, Bouverie —, Bouverie Organizations: Liontrust, Management, Big Tech, Tech, Liontrust Global Technology, Liontrust Global Technology Fund, Technology, CNBC, Nvidia Locations: London, Singapore

☆ CNBC Daily Open: Dow sinks 600 points, Nvidia soars
▼ + stars: | 2024-05-24 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Dow sinks 600 pointsThe Dow Jones Industrial Average suffered its worst day of the year, dropping over 600 points on Thursday. Nvidia's blockbuster earnings and guidance failed to prop up markets, with more than 400 stocks on the S&P 500 trading lower. Nvidia popsShares of Nvidia soared as much as 11% after the AI chipmaker's earnings that beat Wall Street's estimates. Wall Street analysts are revising their price targets for Nvidia upwards after its blowout earnings and guidance.

Persons: Jensen Huang, Dow, Musk, Elon Musk, he's, Joe Biden, Tesla, Karen Tso, Brian West, General Merrick Garland Organizations: SAP Center, CNBC, Dow Jones, Boeing, Dow, Nasdaq, Treasury, Nvidia, U.S . Department of Justice, Ticketmaster, Wall, Microsoft Locations: San Jose , California, China

☆ 36% of Americans say real estate is the best long-term investment—financial pros say they may be wrong
▼ + stars: | 2024-05-23 | by ( Ryan Ermey | ) www.cnbc.com time to read: +4 min

For years, Gallup has asked investors exactly that question, and since 2013 the most popular answer has been the same: real estate. It's tough to say what the best long-term investing option is without knowing the desired outcome." You can invest in real estate via real estate investment trusts, which trade like stocks, or ETFs that hold them. As you pay down your mortgage, you build equity in a piece of real estate that also appreciates in value. Among Americans making less than $40,000 per year, 33% choose real estate as their No.

Persons: Gallup, Stocks, Nick Foulks, Andrew Briggs, Briggs, Gold Organizations: cryptocurrency, Great Waters, National, Advisory, presto

☆ Options market sees 12% move in Nvidia after this 'unusually important' earnings report, says Goldman
▼ + stars: | 2024-05-22 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Nvidia has been the biggest story of Wall Street's rally to record highs, but the options market appears to be underestimating the impact of its earnings report Wednesday, according to Goldman Sachs. "NVDA options suggest investors expect this earnings report to be unusually important; NVDA options imply a +/-11.9% earnings-day move vs. its 4-quarter historical earnings-day move of +/-10.8%. The importance of this earnings report is easy to see given NVDA options volume has been 36% of all single stock options volumes over the past three months," the note said. The S & P 500 is a market cap-weighted index, meaning that Nvidia has taken on extra importance over the past two years. The options market has underpriced S & P 500 moves following the previous four Nvidia reports as well, according to Goldman.

Persons: Wall, Goldman Sachs, John Marshall, Marshall, Goldman, — CNBC's Michael Bloom Organizations: Nvidia, Traders

☆ Troubling market internals warrant buying some portfolio protection — Here's how
▼ + stars: | 2024-05-22 | by ( Tony Zhang | ) www.cnbc.com time to read: +2 min

As equity markets print new all-time highs and the CBOE Volatility Index prints 52-week lows, this should be considered as a bullish outlook by all accounts. However, if we look under the hood, the internals during this rally concern me and in my opinion, warrants buying some protection on these all-time highs. If we look at the Sector Rotation RRG Chart, we see that over the past five weeks, the rally in the S & P 500 has been led by utilities, energy and staples. With materials and industrials also rolling over, we simply lack the confidence to call a strong bull market on the recent all-time highs. I'm going out to July and buying the $530 puts on the SPDR S & P 500 ETF Trust (SPY) for $7.35, which is only 1.3% of the SPY's value to buy over 2 months of protection.

Organizations: Trust

☆ Eli Lilly stock hits new highs after a regulatory win in China. This is a big deal
▼ + stars: | 2024-05-21 | by ( Morgan Chittum | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer described the market as overall "benign," while the S & P 500 and Dow also traded pretty flat. Eli Lilly received approval for its GLP-1 drug tirzepatide in China. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Christopher Waller, Jim, Waller's, billings, Eli Lilly, Jim Cramer's Organizations: CNBC, Nasdaq, Dow, Washington , Federal Reserve, Palo Alto Networks, Club Locations: Washington ,, Palo, billings, China

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