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☆ Tech companies want nuclear power. Some utilities are throwing up roadblocks
▼ + stars: | 2024-08-10 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

A cooling tower at the Constellation Nine Mile Point Nuclear Station in Scriba, New York, US, on Tuesday, May 9, 2023. Tech companies are increasingly looking to directly connect data centers to nuclear plants as they race to secure clean energy to power artificial intelligence, sparking resistance from some utilities over the potential impact on the electric grid. Data centers, the computer warehouses that run the Internet, in some cases now require a gigawatt or more of power, comparable to the average capacity of a nuclear reactor in the U.S. Tech companies are building out data centers just as power supply is increasingly constrained due to the retirement of coal plants and as demand is climbing from the expansion of domestic manufacturing and the electrification of vehicles. PJM covers 13 states primarily in the Mid-Atlantic region, including the world's largest data center hub in northern Virginia.

Persons: Joe Dominguez, Dominguez, Constellation's Dominguez Organizations: Constellation, Tech, U.S, Constellation Energy, Vistra Corp, Nvidia, PJM Locations: Scriba , New York, China, U.S, Baltimore, Dallas, Virginia

☆ This Is a Picture of the Last Thing Seen by NASA’s Asteroid Hunter
▼ + stars: | 2024-08-09 | by ( Katrina Miller | ) www.nytimes.com time to read: +1 min

On Thursday, scientists and engineers in Southern California got an exclusive glimpse at a recent snapshot of Fornax, a constellation of stars in the Southern Hemisphere. At the end of last month, the spacecraft’s survey concluded, and it closed its telescopic eyes for the final time. “This was the little space telescope that could,” said Amy Mainzer, an astronomer at the University of California, Los Angeles, and principal investigator for NEOWISE. “We were really lucky to get to do this work.”When the mission was launched in 2009, it was known simply as WISE. It spent the next year peering at faraway objects in the universe radiating infrared light, including supermassive black holes, brown dwarfs, dying stars and one of the most luminous galaxies in the cosmos.

Persons: ”, Amy Mainzer, “ Organizations: Southern Hemisphere, Survey, University of California Locations: Southern California, Los Angeles

☆ China rocket launch creates cloud of space debris in low-Earth orbit
▼ + stars: | 2024-08-09 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

CNN —One of China’s Long March 6A rockets has broken apart in low-Earth orbit and created a debris cloud consisting of hundreds of pieces, according to multiple space debris-tracking entities. And the reason for the rocket breakup remains unknown. Everything in low-Earth orbit travels at 17,500 miles per hour, Crassidis said. It’s the second time one of these rocket bodies has experienced a significant breakup event in low-Earth orbit, according to Victoria Heath, associate director of marketing and communications for LeoLabs. “Events like this highlight the importance of adherence to existing space debris mitigation guidelines to reduce the creation of new space debris and underscore the need for robust space domain awareness capabilities to rapidly detect, track, and catalog newly-launched space objects so they can be screened for potential conjunctions.”

Persons: China’s, SpaceX’s, “ USSPACECOM, ”, Rob Margetta, LeoLabs, John L, Crassidis, “, It’s, Victoria Heath, Audrey Schaffer Organizations: CNN, Taiyuan Satellite, Shanghai Spacecom, Satellite Technology, Space Command, US Department of Defense, NASA, International, Network, University, Buffalo’s School of Engineering, Applied Sciences, LeoLabs, Aerospace Locations: Taiyuan, Shanghai, Victoria

☆ Tech stock sell-off: What investors need to know
▼ + stars: | 2024-08-06 | 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 EmailTech stock sell-off: What investors need to knowRay Wang, Constellation Research principal analyst, joins 'Squawk Box' to discuss the state of the tech sector, what to make of the tech stock sell-off, and more.

Persons: Ray Wang Organizations: Tech, Constellation Research

☆ A Chinese firm's answer to Elon Musk's Starlink just launched its first satellites for the thousands-strong network Beijing plans to build
▼ + stars: | 2024-08-06 | by ( Matthew Loh | ) www.businessinsider.com time to read: +1 min

A Chinese company just kicked off its planned 15,000-strong satellite network to rival Starlink. The Thousand Sails Constellation, run by a Shanghai firm, plans to reach that final tally by 2030. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA Chinese state-backed company has launched its first 18 satellites in its bid to build a vast orbital network aimed at rivaling Starlink, according to local media.

Persons: Starlink, — Organizations: Sails, Service, Shanghai Spacecom Satellite Technology, China Securities Journal, Xinhua, Business Locations: Shanghai, Starlink, Taiyuan, Shanxi province

☆ China launches its rival to Elon Musk's Starlink internet satellites
▼ + stars: | 2024-08-06 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

The Chang'e 6 lunar probe and the Long March-5 Y8 carrier rocket combination sit atop the launch pad at the Wenchang Space Launch Site in Hainan province, China May 3, 2024. China on Tuesday launched its first batch of internet satellites that will form part of a constellation it hopes will rival SpaceX's Starlink. Known as "Thousand Sails," the constellation is a low-Earth orbit set of more than 15,000 satellites that China has said will create global internet coverage. A Long March 6A carrier rocket took off from the Taiyuan launch center in the northern Shanxi province of China to deliver the initial 18 satellites into space, according to the Chinese Academy of Sciences, which called the mission a complete success. By 2025, China is aiming to deploy 648 satellites in the first phase of the constellation's buildout, in order to create an internet network with global coverage, according to state media CCTV.

Persons: SpaceX's Starlink Organizations: Tuesday, Chinese Academy of Sciences Locations: Hainan province, China, Taiyuan, Shanxi

☆ The true value of grandparents: 2 families explain how much you can save with free childcare
▼ + stars: | 2024-08-06 | by ( Jane Ridley | ) www.businessinsider.com time to read: +6 min

Read previewWhen millennial Jessica Papi was trying to get pregnant, she discussed future childcare options with her mom, Carol Mooney. This story is available exclusively to Business Insider subscribers. "These arrangements are incredibly beneficial to parents," employment attorney Daphne Delvaux, who advocates for better childcare provision in the US, told Business Insider. AdvertisementDevika Tandon wishes her son's grandparents lived closer to help ease the financial and emotional burden of childcare. Do you have an interesting story about being a working parent you'd like to share with Business Insider?

Persons: —, Jessica Papi, Carol Mooney, Papi, Mom, Mooney, Daphne Delvaux, Devika Tandon, Tandon, didn't, Delvaux, I'd Organizations: Service, Business, babysitters Locations: New Jersey, New York, California, Angeles, Toronto, Belgium, Europe, France

☆ Here are 4 things we're watching closely in the stock market this week
▼ + stars: | 2024-08-04 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Stocks had a rough week, topped off with a pummeling Friday after the July jobs data came in weaker than expected. Until then, bad economic news was good news for the stock market, because it meant the Federal Reserve would start cutting interest rates sooner. On Thursday, a drop in U.S. manufacturing activity for July and a jump in initial jobless claims dragged down the market. Next week is light on economic data, so expect earnings reports and CEO commentaries to drive the market action. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Stocks, Dow Jones, Jim Cramer, would've, Eli Lilly, Mounjaro, Berkshire Hathaway, Krystal, Tyson, BAX, Owens, Walt, Oscar Health, CRON, Krispy, Papa, Jim Cramer's, Jim Organizations: Nasdaq, Dow, Reserve, Broadcom, Devices, Palo Alto, PMI, Wynn Resorts, Investors, Wynn, Wynn Palace, U.S . Disney, Management, and Drug Administration, Carlyle Group, Krystal Biotech, Tyson Foods, TSN, Alpha Metallurgical Resources, BioCryst Pharmaceuticals, Axsome Therapeutics, Technologies, Clover Health, Realty Income Corp, Avis Budget Group, CSX Corp, CSX, Simon Property Group, Sterling Construction Company, Teradata Corp, Yum China Holdings, ZoomInfo Technologies, Holdings, Caterpillar, Baxter International, Vulcan Materials Company, Allegheny Technologies Incorporated, Constellation Energy Group, Marathon Petroleum Corp, Owens Corning Inc, Duke Energy Corp, GXO Logistics, Brands, Builders, Wynn Resorts Ltd, WYNN, Rivian Automotive, Devon Energy Corp, GigaCloud Technology Inc, Lumen Technologies, VF Corp, Walt Disney Co, Novo Nordisk, CVS Health, Aurora Cannabis Inc, Emerson Electric Co, Sony Group Corporation, SONY, Inc, ODP Corporation, Icahn Enterprises, MannKind Corp, ACM Research, Brink's Company, AppLovin Corporation, Digital Turbine, Sarepta Therapeutics, Occidental Petroleum Corp, Bros, SolarEdge Technologies, Aspen, Coeur D'Alene Mines Corp, Co, Vistra Energy, Cheniere Energy, Cronos, Himax Technologies, Properties Trust, Papa John's, Paramount Global, Trade, Lab, B2Gold Corp, Honest Company, Gilead Sciences, Growth, Nikola Corporation, Embraer, New Fortress Energy, Construction, Jim Cramer's Charitable, CNBC, Disney, Pixar Locations: Palo, Macau, Las Vegas, Boston, Vegas, Wynn Macau, China, Novo, Coeur, Gilead

☆ Germany’s doctors can prescribe four-week spa breaks to frazzled parents
▼ + stars: | 2024-08-01 | by ( Ulrike Lemmin-Woolfrey | ) edition.cnn.com time to read: +8 min

Those lucky parents may leave with doctor’s orders for a four-week spa break by the sea or in the mountains. Germany has around 350 designated spa towns, with many designated as UNESCO World Heritage sites. ‘I had severe sleeping problems’Focused on preventative as well as restorative care, a Kur is frequently aimed at burned-out parents. The proportion of single parents in MGW clinics is disproportionately high in relation to the overall share in society. “Together, solutions are developed that will help patients to cope with everyday life again and prevent (further) health problems,” Gerstkamp explained.

Persons: ”, They’ve, Cécile Poirot, ” Poirot, “, Müttergenesungswerk, Petra Gerstkamp, Gerstkamp, Poirot, ” Gerstkamp Organizations: CNN, UNESCO, Heritage, “ Locations: Germany, Baden, Wiesbaden, Bad, Europe, Elmshorn, Hamburg

☆ Dominion Energy looking at connecting data center directly to Connecticut nuclear plant
▼ + stars: | 2024-08-01 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Dominion Energy is exploring the possibility of connecting a data center directly to a nuclear plant in Connecticut, as the tech sector hunts for carbon-free electricity to power artificial intelligence applications. "We're certainly open to the idea of a co-located data center," Dominion CEO Robert Blue told analysts on the company's second-quarter earnings call Thursday when asked about Millstone. The utility, headquartered in Richmond, serves northern Virginia, the world's largest data center market. Dominion has connected nine new data centers so far this year with plans for a total of 15 by the end 2024. Amazon Web Services bought a data center powered by a Talen Energy nuclear plant in Pennsylvania for $650 million in March.

Persons: Robert Blue, Blue Organizations: Dominion Energy, Millstone Power, Dominion, U.S . Dominion, Web Services, Energy, AWS, Constellation Energy, Wall Locations: Connecticut, Waterford , Connecticut, Millstone, U.S, Richmond, Virginia, Pennsylvania, East Coast

☆ Stocks making the biggest moves premarket: Pinterest, Match Group, Advanced Micro Devices and more
▼ + stars: | 2024-07-31 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +6 min

Advanced Micro Devices — Shares popped nearly 9% after the chipmaker's earnings and revenue beat analyst estimates postmarket Tuesday. AMD reported adjusted earnings of 69 cents per share versus 68 cents expected from analysts polled by LSEG. Live Nation Entertainment — The entertainment stock was little changed after posting second-quarter revenue that matched expectations. But revenue of $6.48 billion was below the $6.55 billion analysts had expected, according to FactSet. Marriott International — The hotel chain slipped 4% after posting second-quarter revenue of $6.44 billion, below the $6.47 billion expected by analysts polled by FactSet.

Persons: DuPont, LSEG, Pinterest, FactSet, Dan Dolev, Kelly Ortberg, Dave Calhoun, AutoNation, StreetAccount, Kraft Heinz —, Greg Heckman, —, Brian Evans, Michelle Fox, Fred Imbert, Spencer Kimball, Tanaya Macheel, Jesse Pound, Samantha Subin Organizations: DuPont, Intel, Bloomberg, Microsoft, AMD, LSEG, Revenue, Nvidia, ASML, Arista Networks, Arista, Starbucks, Mizuho, Boeing, Collins Aerospace, Entertainment, Humana, Marriott, FactSet, Mobile, Nuclear Regulatory Commission, Nuclear, Constellation Energy, Constellation, Bunge Locations: Tuesday's, FactSet, Texas, U.S

☆ Stocks making the biggest moves midday: Boeing, Vistra, Match Group and more
▼ + stars: | 2024-07-31 | by ( Sean Conlon | ) www.cnbc.com time to read: +5 min

Match Group — Shares of the Tinder dating app owner moved 13% higher after the company posted second-quarter revenue of $864 million. That is above the $856.5 million estimate that analysts polled by FactSet had expected. Revenue, however, came in below expectations at $6.48 billion, compared to the $6.55 billion analysts polled by FactSet had expected. Marriott reported $6.44 billion, which was below the $6.47 billion analysts polled by FactSet had expected. Bunge — The food stock moved nearly 8% lower after the company posted second-quarter results that missed analysts' expectations.

Persons: Vistra, FactSet, LSEG, Dan Dolev, AutoNation, Kraft Heinz —, Bunge, Robert " Kelly, Ortberg, Dave Calhoun, Rockwell Collins, —, Alex Harring, Samantha Subin, Lisa Kailai Han, Hakyung Kim, Jesse Pound, Michelle Fox Organizations: FactSet, Nuclear Regulatory Commission, Nuclear, AMD, Nvidia, Qualcomm, Arista Networks, Mizuho, DuPont de Nemours, DuPont, Humana, Starbucks, LSEG, Marriott, Constellation Energy, Constellation, Boeing, Rockwell, Collins Aerospace Locations: Texas, Japan, Korea, Tuesday's

☆ Megan Thee Stallion and Kamala Harris: The power pantsuit two ways
▼ + stars: | 2024-07-31 | by ( Leah Dolan | ) edition.cnn.com time to read: +4 min

CNN —Two suits, two women, one message: “Hotties for Harris.” At least that was the phrase scrawled across banners at Kamala Harris’ campaign rally in Atlanta Tuesday night. Minutes later, Harris walked onto her podium to rapturous applause — also in a blue pantsuit. From being endorsed by Charli XCX and co-opting the album of the summer, “Brat,” to capitalizing on the 32.3 million-strong fandom of Megan Thee Stallion, her advisors have been honing in on the 18-27 demographic. Kamala Harris' icy blue suit seemed twinned in a way with Megan's cropped version. It’s hard to picture Clinton signing off on a decision to have Megan Thee Stallion “shake cheeks,” as one fan on Instagram wrote, in a cropped suit at a rally.

Persons: Hotties, Harris, ”, Kamala Harris ’, —, Megan Thee Stallion, Abdul Sall, Donald Trump, Megan Thee Stallion's, Julia Beverly, Charli XCX, Vanessa Friedman, ” —, Megan, Kamala Harris, John Bazemore, Megan isn’t, Harris won’t, Hillary Clinton’s, Bon Jovi, Lady Gaga, Clinton, Megan Thee, Instagram, Gen Organizations: CNN, Democratic, Getty, New York Times, Democratic National Convention Locations: Atlanta, Cleveland , Ohio

☆ Why Silicon Valley Is Going to War Against the Media, Journalists
▼ + stars: | 2024-07-30 | by ( ) www.businessinsider.com time to read: +21 min

Just 20 years ago journalists covered the tech industry "like it didn't matter, like it was this hobbyist, interesting, plucky thing." The pro-tech media gives tech's main characters the chance to write their way back to the original storyline. Trae Stephens, a partner at Founders Fund, described Pirate Wires as a kind of daily affirmation for Silicon Valley. Related storiesTrae Stephens, a partner at Founders Fund, described Pirate Wires as a kind of daily affirmation for Silicon Valley. Of the members of the news media I talked to about pro-tech media, some were backhandedly laudatory.

Persons: Mike Solana, Solana, Peter Thiel, —, David Sacks, Jason Calacanis, Chamath Palihapitiya, David Friedberg, Elon Musk, Sam Altman, Tucker Carlson, Donald Trump, There's, Coogan, John Coogan, Andreessen Horowitz, Marc Andreessen, they're, Balaji Srinivasan, Mark Zuckerberg, Donald Trump's, Tyler Le, Sam Bankman, Warren Buffett, Trae Stephens, Andreessen, Palmer Luckey, It's, Dick Lucas, Lucas, Joe Rogan, Kamala, Stephens, Packy McCormick, Taylor Lorenz, Ryan Mac, Kevin Roose, Jesse Singal —, Casey Newton, Casey isn't, Casey, Newton, Erik Torenberg, Anthony Fauci, Ellen Pao, Katherine Maher, George Soros, Joe Biden, Chesa Boudin, Boudin, Gavin Newsom, Palihapitiya, Sacks, Trump, JD Vance, Brian Merchant, Ben Smith, Eric Newcomer, he's, Lulu Cheng Meservey, Balaji Srinivasan's, Zoë Bernard Organizations: Fund, Tech, Founders Fund, Apple, Elon, Elite, Sequoia Capital, Pirate, Penguin Group, Big Tech, Card Industry, Washington Post, TechCrunch, Media, NPR, Google, Disney, Twitter, Republican National Convention, Bloomberg, monetization, San, Business Locations: San Francisco, Substack, Silicon Valley, New York, Silicon, Solana, Miami, Francisco, California, Los Angeles

☆ Two meteor showers are set to peak this week. Here’s how to see them
▼ + stars: | 2024-07-29 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +5 min

CNN —Look up at the night sky this week for a chance to see high-speed meteors and bright fireballs from two meteor showers set to peak around the same time. Meteor showers are the debris left by comets and asteroids orbiting the sun that Earth encounters annually at some point during its orbital path. Constellation Aquarius is the radiant for the Southern Delta Aquariids, and constellation Capricornus is the radiant for the Alpha Capricornids. The Southern Delta Aquariids are about 40 kilometers (25 miles) per second, according to NASA, and typically last for half a second. I think that makes them particularly special.”Meteor showersHere are the remaining meteor showers that are expected to peak in 2024.

Persons: Robert Lunsford, Lunsford, Andrew Rivkin, ” Rivkin, “ Organizations: CNN, Southern, American Meteor Society, NASA, Meteor, Applied, Laboratory, Johns Hopkins University, Northern, Southern Delta, Alpha, Taurids, Farmers, Almanac Locations: Baltimore, Southern, New York , New Jersey , Connecticut, East, Perseids

☆ Lightning Round: Meta is 'in the doghouse right now,' says Jim Cramer
▼ + stars: | 2024-07-29 | by ( Jim Cramer | ) 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 EmailLightning Round: Meta is 'in the doghouse right now,' says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Illumina, Bank of America, Constellation Energy, Meta, ICICI Bank, and Organon.

Persons: Jim Cramer Organizations: Bank of America, Constellation Energy, Meta, ICICI Bank

☆ Rapid renewable energy growth leads FBI to warn hackers will hit new, vulnerable power supply
▼ + stars: | 2024-07-29 | by ( Michelle Castillo | ) www.cnbc.com time to read: +6 min

Government incentives, including the Inflation Reduction Act, have encouraged individuals and private ownership groups to invest in clean energy systems. The renewable energy industry's rapid expansion in the U.S. in some cases is occurring without traditional utility protocols and regulations. The boom in renewable energy has also led manufacturers of products and services to ramp up their offerings. Inverters connected to the internet, in particular, could be controlled by hackers to reduce output or overheat home energy systems. Other major players in the U.S. utilities and renewable energy sector, including Next Era Energy, Constellation, Enphase Energy, First Solar and Sunrun, did not respond to requests for comment.

Persons: Jim Hempstead, SEIA, Bheshaj Krishnappa, Freddie Mac, Moody's, Jim Guinn Organizations: FBI, U.S . Energy Information Administration, Metropolitan Washington Council, Governments, Department of Defense, U.S ., Solar Energy Industries Association, Department of Energy Solar Energy Technologies Office, Constellation Energy, Corporation, cybersecurity, Cybersecurity, GE Vernova, Constellation, Enphase Energy Locations: U.S, California , Utah, Wyoming, United States, China, Russia, Iran, cyberattacks

☆ Our Mexican beer powerhouse is down on a rival's troubles — so we're buying the dip
▼ + stars: | 2024-07-29 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

We're buying 50 shares of Constellation Brands at roughly $246 each. Following Monday's trade, Jim Cramer's Charitable Trust will own 375 shares of STZ, increasing its weighting in the portfolio to 2.8% from 2.46%. Shares of Mexican beer maker Constellation Brands were down 3% on Monday after Heineken reported weaker-than-expected earnings. We're also upgrading Constellation stock back to our buy-equivalent 1 rating . Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Heineken, Bill Newlands, Newlands, Heineken doesn't, Jim Cramer, Jim Organizations: Constellation Brands, STZ, Heineken, Constellation, Asia Pacific, CNBC Locations: China, Modela, Europe, Americas, Asia Pacific, Africa, Middle, United States

☆ Cramer's Lightning Round: Do not sell Constellation Energy
▼ + stars: | 2024-07-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Illumina's year-to-date stock performance. Stock Chart Icon Stock chart icon Bank of America's year-to-date stock performance. Stock Chart Icon Stock chart icon Constellation Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon Meta's year-to-date stock performance. Stock Chart Icon Stock chart icon Organon's year-to-date stock performance.

Persons: one's, Jim Cramer's Organizations: of America's, Bank of America, Constellation Energy, ICICI, ICICI Bank, Pfizer, Organon Locations: India

☆ 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

Read previewMemes and celebrity endorsements have already set the tone for Kamala Harris' presidential campaign. Kamala HQ instead posted a Venn diagram, with the two outer circles, "Biden HQ" and "Kamala HQ" merging to form "holding Trump accountable." Across the social media landscape, the energy is palpable, said David Karpf, a professor of media and public affairs at George Washington University. "When you've got a good social media team that has arrived at a cultural moment and pent-up enthusiasm, they get to play with it." While Harris' team is focusing on younger voters and voters of color, the appeal of social media transcends age, North said.

Persons: —, Kamala Harris, Joe Biden, Biden's, Kamala, Harris, Biden, Kamala HQ's, kamala, Hawaii Sen, Brian Schatz, y8baSx44FL — Brian Schatz, Jared Polis, David Karpf, Obama, Karpf, you've, It's, Karen North, Charlie XCX, Hillary Clinton —, Hillary Clinton, Phoenix Andrews, Trump, Logan, Dana White's, They've, Gen Z Organizations: Service, Business, Trump, George Washington University, USC Annenberg, University of Aberdeen, UFC Locations: Hawaii, Colorado

☆ Activist pressure at Starbucks is the jolt the coffee giant needs to shake its slump
▼ + stars: | 2024-07-22 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

Elliott Management's stake in Starbucks is exactly the jolt the struggling coffee stock needs to return to its winning ways. The well-known activist hedge fund has taken a significant position in Starbucks and is in discussions with the company on ways to improve its depressed stock price, The Wall Street Journal reported Friday afternoon. "I think Starbucks is a very big buy here because of Elliott," Jim Cramer said Monday on CNBC. SBUX YTD mountain SBUX stock performance year-to-date. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Elliott Management's, Jim, Elliott, Jim Cramer, …, Paul Singer, Laxman Narasimhan, Marc Benioff, Newlands, Laxman, BTIG, TD Cowen, Jim Cramer's, Beata Zawrzel Organizations: Starbucks, Street, CNBC, Constellation Brands, Modelo, Nurphoto, Getty Locations: North America, Sluggishness, China, Seattle, U.S, Krakow, Poland

☆ Boost your portfolio income with this options strategy, according to Bank of America
▼ + stars: | 2024-07-22 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +3 min

Investors can generate portfolio income and benefit from price appreciation in their stock holdings with an options strategy — provided they do it right. In addition, if the strike price is sufficiently higher than the current price, the initial investor can benefit from the appreciation in the meantime. For instance, if the underlying stock falls short of the strike price, the premium can provide some cushion on the downside. Bank of America highlighted a call option with a strike price of $220 against Constellation Energy . Freshpet also made the grade, with Bank of America highlighting a call option with a $140 strike price.

Persons: Arjun Goyal, you'll, Russell, Freshpet, TD Cowen Organizations: Bank of America, Constellation Energy, Microsoft, Constellation, Bank of, Republican Locations: Virginia, Washington

Much of the week was dominated by the market rotation out of 2024 technology winners into small caps and value stocks. Sector scoreboard: Energy, financials, and real estate were the three big S & P 500 sector winners during the uneven week. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. 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, advancers, Donald Trump, Bill Newlands, we've, it's, We've, Newlands, there's, Trump, Danaher, Jim Cramer's, Jim, Michael M Organizations: CNBC, ., Nasdaq, Dow Jones, New York Stock Exchange, Trump, Communication, Constellation Brands, Corona, Modelo, Republican, Constellation, Ford, Honeywell International, Dover, Fed, Jim Cramer's Charitable, Traders, Santiago, Getty Locations: Real, China, Chipotle, U.S

☆ 10 things to watch in the stock market Friday, including tech rotation and Eli Lilly approval
▼ + stars: | 2024-07-19 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

10 things to watch Friday, July 19 Can tech stocks and the overall market stabilize to end the week? That's what to watch after a brutal week for the "Magnificent Seven," which fell victim to a rotation away from 2024 winners. PPG Industries lowered its organic sales growth outlook, putting pressure on the stock. The credit card giant, known for its affluent customer base, also lifted its 2024 earnings outlook. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: CrowdStrike, Piper Sandler, Halliburton, SLB, Eli Lilly, Morgan Stanley, Bill Newlands, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Palo Alto Networks, Netflix, JPMorgan, PPG Industries, American Express, Novo Nordisk, Arm Holdings, Barclays, Molson Coors, Constellation Brands, Modelo, Corona, Jim Cramer's Charitable, CNBC Locations: Palo, China

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