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Here's why Capital Wealth's Kevin Simpson bought more Walmart
  + stars: | 2023-06-09 | 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 EmailHere's why Capital Wealth's Kevin Simpson bought more WalmartJoe Terranova, Stephanie Link, Bill Baruch, and Kevin Simpson, join 'Halftime Report' to discuss Walmart, Target and Ulta Beauty.
Persons: Kevin Simpson, Walmart Joe Terranova, Stephanie Link, Bill Baruch Organizations: Walmart, Target
Watch CNBC’s investment committee discuss the market
  + stars: | 2023-06-09 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s investment committee discuss the marketJoe Terranova, Stephanie Link, Bill Baruch, and Kevin Simpson, join 'Halftime Report' to discuss whether the bull market is back, what the rise in S&P 500 above 4,300 for the first time since August suggests, and more.
Persons: Joe Terranova, Stephanie Link, Bill Baruch, Kevin Simpson Organizations: Watch
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are still in an earnings recession, says Virtus Investment’s Joe TerranovaJoe Terranova, Stephanie Link, Bill Baruch, and Kevin Simpson, join 'Halftime Report' to discuss whether the bull market is back, what the rise in S&P 500 above 4,300 for the first time since August suggests, and more.
Persons: Virtus, Joe Terranova Joe Terranova, Stephanie Link, Bill Baruch, Kevin Simpson
"There's a broad-based drop in belief or trust in higher education as an institution," said Cole Clark, a managing director within Deloitte's higher education practice and co-author of a recent trends report. These days, only about 62% of high school seniors in the U.S. immediately go on to college, down from 68% in 2010. High schoolers are more interested in career trainingMost Americans still agree a college education is worthwhile when it comes to career goals and advancement. High schoolers are putting more emphasis on career training and post-college employment, the nonprofit found after polling more than 5,000 high school students six times since February 2020. Earning a college degree is almost always worthwhile
Persons: Bebeto Matthews, Cole Clark, Connie Livingston Organizations: Baruch College, Barclays Center, AP, College Board, Public, USA, ECMC Group, Junior Achievement, Citizens, Brown University Locations: Brooklyn , New York, U.S
"Jeopardy" host Ken Jennings zinged George Santos after the GOP Rep. was featured in a clue. "I don't get to say this very much but George Santos is correct," he said during the episode. "Who is George Santos?" "I don't get to say this very much but George Santos is correct," Jennings said in a swipe at the Republican lawmaker. Earlier this month, federal prosecutors charged Santos with wire fraud, money laundering, and theft of public funds, part of a 13-count indictment.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGrowing needs for data centers will be a tailwind for Marvell, says Blue Line Capital's Bill BaruchBill Baruch, Blue Line Capital founder, and Rob Sechan, managing partner at NewEdge Wealth, join 'Halftime Report' to discuss semiconductor investments, the Marvell Technology earnings report, and long-term market changes.
Persons: Bill Baruch Bill Baruch, Rob Sechan Organizations: Marvell, Blue Line Capital, NewEdge Wealth, Marvell Technology
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDebt ceiling fears creating market dislocations, says Short Hills' Steve WeissBryn Talkington, Steve Weiss, Bill Baruch, and CNBC's Steve Liesman joins 'Halftime Report' to discuss the latest debt ceiling headlines, Feed Chair Powell's conversation with Former Chairman Bernanke, and ongoing bank credit issues.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's investment committee discuss the market response to debt ceiling negotiationsBryn Talkington, Steve Weiss, Bill Baruch, and CNBC's Steve Liesman joins 'Halftime Report' to discuss the latest debt ceiling headlines, Feed Chair Powell's conversation with Former Chairman Bernanke, and ongoing bank credit issues.
Garcia, who represents a House district in California, used a parliamentary maneuver to force a vote within two days on the motion. "George Santos is a fraud and a liar, and he needs to be expelled by the House," Garcia said in a statement. "Republicans now have a chance to demonstrate to Americans that an admitted criminal should not serve in the House of Representatives." Republican House Speaker Kevin McCarthy has said he would not support Santos's re-election bid. Nine House Republicans have called on Santos to resign, including six from New York.
NEW YORK, May 10 (Reuters) - U.S. Representative George Santos on Wednesday vowed to fight charges of fraud, money laundering and theft of public funds in the latest hit to the newly elected Republican, who has resisted calls to resign for lying about his resume. "I'm going to fight my battle. I'm going to deliver. I'm going to fight the witch hunt. Santos was released on a $500,000 bond and is due back in court for his next appearance on June 30.
A 13-count federal indictment charges Santos, 34, with defrauding prospective political supporters by laundering funds to pay for his personal expenses and illegally receiving unemployment benefits while he was employed. It also accuses him of making false statements to the House of Representatives about his assets, income and liabilities. Santos was released on a $500,000 bond and is due back in court for his next appearance on June 30. Nine House Republicans have so far called on Santos to resign, including six from his home state of New York. Among other claims, Santos said he had degrees from New York University and Baruch College despite neither institution's having any record of his attending.
NEW YORK, May 10 (Reuters) - U.S. Representative George Santos was arrested on Wednesday on federal charges of fraud, money laundering and theft of public funds in the latest hit to the newly elected Republican, who has resisted calls to resign for lying about his resume. The 13-count indictment, unsealed on Wednesday, charges Santos, 34, with defrauding prospective political supporters by laundering funds to pay for his personal expenses and illegally receiving unemployment benefits while he was employed. He is also accused of making false statements to the House of Representatives about his assets, income and liabilities. Nine House Republicans have so far called on Santos to resign, including six from his home state of New York. Among other claims, Santos said he had degrees from New York University and Baruch College despite neither institution's having any record of his attending.
NEW YORK, May 10 (Reuters) - Republican U.S. Representative George Santos, who has resisted calls to resign for lying about his resume, was charged with fraud, money laundering and theft of public funds, the Justice Department said in a statement on Wednesday. He was expected to appear later in the day at a federal court in New York. An Associated Press reporter who reached him by phone Tuesday quoted Santos as saying: "This is news to me. Among other claims, Santos said he had degrees from New York University and Baruch College, despite neither institution's having any record of his attending. Santos, who identifies as gay, also failed to disclose that he was married to a woman for several years ending in 2019.
In light of a pessimistic quarterly report from Paramount, Bill Baruch, president of Blue Line Futures said he'll keep an eye out on Disney 's earnings Wednesday after the bell. "Ultimately, subscriber growth rebounding is going to be the key thing," referring to the company's streaming platform Disney+. He noted that Disney+ lost 2.4 million subscribers last quarter after losing a subscription deal in India. However, he said Disney is now expected to bring back 2.2 million subscribers for Disney+, 716,000 subscribers for ESPN and about 300,000 Hulu subscribers. "Bringing those subscribers back we'll get them on pace for getting about 10 million subscribers in the current year and that's going to be crucial," he said.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow one investor is trading Disney ahead of its second-quarter earningsFollow Blue Line Futures founder, Bill Baruch, as he shares how he is investing in Disney ahead of the company's second-quarter earnings report.
Santos is expected to appear as soon as Wednesday in federal court in New York's Eastern District, where charges have been filed under seal, CNN reported. The Associated Press reported that in a brief phone interview Santos said he was unaware of the charges. Santos' office did not immediately respond to a request for comment, and his lawyer could not immediately be reached. CNN reported that the exact nature of the charges against Santos were not immediately clear. Santos' office, through his congressional Twitter account, has previously said he is cooperating with the House Ethics Committee's investigation.
LinkedIn sees potential for AI to amplify — not replace — creators' voices. Firmly of the view that artificial intelligence technology can augment and amplify those users' voices — not replace them — LinkedIn is eyeing opportunities in the burgeoning space. LinkedIn's collaborative articles begin with a thread generated with the help of AI, and then invite select users to contribute their perspective. Enter collaborative articles, which invited the several dozen teachers to offer up ideas like exhibiting "vulnerability" in the classroom. Think of these seminars like LinkedIn's version of Master Classes on topics like generative AI, machine learning with Python, and AI accountability.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBlue Line's Bill Baruch trims Nvidia shares, but says he's overweight on tech stocksThe ‘Halftime Report’ investment committee, Josh Brown, Bill Baruch, Jason Snipe and Stephanie Link, discuss the tech trade.
31-year old Maurice Ng came to the US with nothing after his family fled loan sharks in Hong Kong. It was a simple spreadsheet that inspired Maurice Ng at 29 to quit his job to become a venture capitalist. He deducted a little over 2,000 days for commuting time, and allowed himself 255 "regular sick days" and 10 "serious sick days." Assuming 3 meals a day, 365 days a year, 1 hour per meal, he deducted 5,817 days for eating. Despite the current turmoil in the tech industry and venture capital, Maurice seems to be inoculated against self doubt.
Grade my trade: GE, PYPL & MRVL
  + stars: | 2023-04-14 | 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 EmailGrade my trade: GE, PYPL & MRVLCNBC’s ‘Halftime Report’ investment committee, Josh Brown, Bill Baruch, Jason Snipe and Stephanie Link, weigh in on General Electric, PayPal and Marvell Technology.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInflation remains sticky and Fed will keep hiking rates, says Hightower's Stephanie LinkThe ‘Halftime Report’ investment committee, Josh Brown, Bill Baruch, Jason Snipe and Stephanie Link, discuss the latest inflation reports and expectations for the Fed.
On Friday, Trump, who was not charged in his company's case, lashed out at Merchan on his Truth Social platform. "The Judge 'assigned' to my Witch Hunt Case, a 'Case' that has NEVER BEEN CHARGED BEFORE, HATES ME," wrote Trump, who has launched a campaign to regain the presidency in 2024. Merchan has been a Manhattan criminal court judge since 2009 after prior stints on the state's Court of Claims, which hears cases against the state and its agencies, and family court in the Bronx. Merchan presided over the 2012 case of the so-called "Soccer Mom Madam" Anna Gristina, which garnered lurid headlines in the New York media. Gristina sued Merchan in 2021 to unseal records in her case as part of an effort to vacate her record.
The judge overseeing Donald Trump's criminal case is Juan Merchan. "The Judge 'assigned' to my Witch Hunt Case, a 'Case' that has NEVER BEEN CHARGED BEFORE, HATES ME," Trump said. Trump is scheduled to appear before Merchan in Manhattan court on Tuesday afternoon. In 2009, he was appointed as a trial judge in Manhattan, where he's been since. The top court in the state — the equivalent of the US Supreme Court — is known as the New York Court of Appeals.
On Thursday's "Ask Halftime," our traders answered questions from CNBC Pro subscribers about stocks and ETFs during this period of heightened market volatility, including whether to buy, sell or hold individual companies. Stephanie Link of Hightower Advisors talked about why she owns Wells Fargo . Jim Lebenthal of Cerity Partners talked about Raytheon Technologies and Lockheed Martin . Lebenthal noted that one key difference between the two firms is that Raytheon has commercial aerospace exposure and Lockheed does not. Finally, Blue Line Futures' Bill Baruch discussed UnitedHealth and why it is a staple in his portfolio.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailS&P 500 rises to a 3-week high as investors bet the banking crisis has stabilizedJosh Brown, Stephanie Link, Bill Baruch, Jim Lebenthal, joins 'Halftime Report' to discuss the developing credit crunch, stocks holding gains, and easing market uncertainties.
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