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Read previewAI chatbots seem to be taking on an unexpected role as a tool for manifestation. AdvertisementLisa Van Meurs, a 26-year-old TikToker living in Barcelona, also started using ChatGPT as a manifesting tool for creating vision boards and story prompts. Clinical psychologist and manifestation expert Anna Kress said AI can be an "incredible tool to enhance manifestation practices," and can help people "break through psychological barriers." "I can see it being extremely useful for people who want to try manifestation practices but struggle with creativity or visualization," Kress said. Kress recommends using the tool as a supplement, rather than a replacement of inner work and personal insight.
Persons: , Chloe DeChelle, DeChelle, Lisa Van Meurs, Van Meurs, Britta Stevenson, Stevenson, ChatGPT, Anna Kress, Kress Organizations: Service, Business Locations: ChatGPT, Barcelona
Exxon Mobil — The energy giant reported a stronger-than-expected profit for the second quarter amid record production in Guyana and the Permian Basin. Intel — Shares plunged 20% on the back of weaker-than-expected earnings and revenue for the second quarter. The company reported weaker-than-expected revenue for the second quarter and issued a disappointing forecast for the third quarter. The company posted second quarter adjusted earnings of 87 cents per share on revenue of $1.08 billion. In the second quarter, revenue came in at $1.45 billion, slightly above estimates of $1.40 billion, according to LSEG.
Persons: FactSet, Cloudflare, DoorDash, Clorox, LSEG, GoDaddy, Sarah Min, Samantha Subin, Lisa Han, Michelle Fox Organizations: Exxon Mobil, Intel —, Revenue, Apple —, Apple, Twilio, Booking Holdings, Coterra Energy, LSEG . Revenue, Management Locations: Guyana
Following the trade, Jim Cramer's Charitable Trust will own 700 shares of AVGO, increasing its weighting in the portfolio to 3.16% from 2.94%. The stock market is headed for another rough day as concerns about the economy grow. 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's, payrolls, Ben Reitzes, Dell, Lisa Su, Jim Cramer, Jim Organizations: Broadcom, AVGO, Federal Reserve, VMware, Intel, Melius Research, HP, AMD, CNBC Locations: U.S
The unemployment rate fell for Asian Americans from June to July, bucking a broader trend, according to data released Friday by the U.S. Bureau of Labor Statistics. The unemployment rate among Asian Americans dipped to 3.7% in July from 4.1% a month earlier. The result went against the overall unemployment rate, which rose to 4.3% last month from 4.1% in June. Meanwhile, the jobless rate for white Americans rose to 3.8% in July, up from 3.5% a month earlier. For Hispanic Americans, this number climbed to 5.3% last month, compared to the rate of 4.9% in June.
Organizations: U.S . Bureau of Labor Statistics
The current market rotation into small-cap stocks shouldn't come at the expense of the broader equity rally, according to Mark Luschini, chief investment strategist at Janney Montgomery Scott . In fact, Luschini's call for the S & P 500 is that the index could rise to the 6,000 level in the next 12 months. While some investors have called into question the longevity of the current rotation into small-cap names, Luschini believes that the trend's legitimacy has been proven thus far. But at this point, the lagging sectors have built on the gains they have established in the last several weeks to push the market higher. That said, the strategist emphasized the importance of the technology sector in carrying the S & P 500 to his 6,000 target next year.
Persons: Mark Luschini, Janney Montgomery Scott, Luschini, we've, There's Organizations: CNBC, Luschini Locations: U.S
A federal grand jury is set to begin hearing evidence this month in the scam to steal the Graceland estate from Elvis Presley’s family, sources say. It involved a company called Naussany Investments, which claimed that Lisa Marie Presley, Elvis’ only child, owed millions of dollars in unpaid loans before she died. To collect on that debt, Naussany Investments sought control of Graceland through a foreclosure sale of the historic mansion. The documents Naussany Investments filed turned out to be forged, and a judge tossed out the case. More than half a dozen links seemed to separately connect Holden with the foiled scam at Graceland, NBC News found.
Persons: Elvis Presley’s, Lisa Holden, Holden, Graceland, Lisa Marie Presley, Elvis ’, Gregory Naussany, , ” Lisa Holden, Micah McCoy, Howell, Findley, Naussany, Organizations: NBC News, FBI, Western, of, Naussany Investments, NBC, Investments, Holden Locations: Memphis , Tennessee, Branson , Missouri, U.S, of Tennessee, Nigeria, Missouri, Sullins, Graceland
Some large-cap tech stocks are likely to fare better than others if investors continue to move into smaller companies. Artificial intelligence-adjacent mega-cap tech titans have been the driving force behind the current bull market rally, which began last October. Nvidia — with a market value above $2.9 trillion — has soared 136% this year alone, after climbing 239% in 2023. But a combination of disappointing tech earnings and impending interest rate cuts has weakened some of the bullish sentiment toward mega-caps. Analysts see potential price upside of 10% in AI-adjacent stock ServiceNow .
Persons: Russell, LSEG, ServiceNow, Mizuho, Gregg Moskowitz, TD Cowen, Fortinet, Shaul Eyal, Fred Imbert Organizations: Nvidia, Nasdaq, CNBC Pro, Visa, Analysts, Keysight Technologies, & & '
The law firm hired by the Harris campaign to investigate potential vice-presidential candidates has completed its work, leaving the final decision — the most important yet of the still-new campaign — squarely in Vice President Kamala Harris’s hands. Covington & Burling, the Washington law firm tasked with the vetting, completed the job on Thursday afternoon and turned over its findings to Ms. Harris, according to two people briefed on the process. The Harris campaign has suggested it will announce the decision by Tuesday evening, when the vice president and her to-be-named running mate begin a five-day tour of presidential battleground states, starting in Philadelphia. Several of the contenders, including Govs. Josh Shapiro of Pennsylvania and Andy Beshear of Kentucky, canceled events this weekend, reflecting both a desire to be available for those conversations and to avoid drawing additional speculation from the news media about their chances.
Persons: Harris, Kamala Harris’s, Josh Shapiro, Andy Beshear Organizations: Burling, Pennsylvania Locations: Washington, Philadelphia, Kentucky
CNN —Maybe a hug from a parent no longer solves problems for a teen as it did in their childhood. But when it comes to teenage mental health, adults can do a lot to help, according to new data. The survey found that 1 in 6 parents have a hard time comforting and communicating with their teen. ridvan_celik/E+/Getty ImagesThe worsening mental health and rising stakes of teens often puts parents in a difficult place. That scenario is why it’s important for parents and caregivers to have their own mental health resources, said Dr. Whitney Trotter, a doctor of nursing practice, psychiatric and mental health nurse practitioner and registered dietitian in Austin, Texas.
Persons: , Lisa Damour, , Damour, Stephanie Marken, Whitney Trotter, Laurence Steinberg, , they’ll, ” Damour, Marken, Trotter, ” Marken, “ It’s Organizations: CNN, Walton Family Foundation, Gallup, Adolescents, Social, Temple University, Locations: Ohio, Austin , Texas, Philadelphia
"While company reported 2Q results ahead of guidance on higher take-rate, weaker 3Q guidance and removal of FY GMS outlook suggest no near-term visibility," the analyst wrote. Etsy stock is 20% lower on the year but has increased 16% since July 8. Positively, AmEx did see slightly better [small or midsize enterprise] spend in Q2'24," wrote analyst Donald Fandetti. Bank of America lifted its price target to $563 from $555, while Citi increased its target to $580 from $555. Its price target of $220, up from $175, implies upside of 23% from Wednesday's close.
Persons: Morgan Stanley, Robinson, Brian, Ossenback, — Lisa Kailai Han, Oppenheimer, Jason Helfstein, Etsy's, Etsy, Helfstein, he's, Lisa Kailai Han, Wells, David Lantz, Lantz, Carvana, Raymond James, Brian Vaccaro, Vaccaro, AmEx, Donald Fandetti, Fandetti, Goldman Sachs, Ross Sandler, Andrew Percoco, Fred Imbert Organizations: CNBC, GE, JPMorgan, Carvana, TAM, Management, American Express, America Express, Meta, Wall Street, Goldman, Citi, Barclays, Bank of America, Google, GE Vernova, General Electric Locations: C.H, Etsy, Wingstop, Wells Fargo, Q2'24, 2H24, Wednesday's
Everything is different now for Democrats. Their crowds are dancing. The celebrities — from Southern rappers to Hollywood actors — are showing up. And by the time Vice President Kamala Harris took the stage on Tuesday night in Atlanta for what her aides billed as the kickoff for her new-and-improved campaign, it was clear that President Biden had been left a distant memory — a name not even mentioned in her remarks. “The momentum in this race is shifting,” she declared from behind a lectern embossed with the vice-presidential seal.
Persons: Beyoncé, , Kamala Harris, Biden, , Donald Trump, Ms Organizations: Democrats, Democratic Party, Mr Locations: Southern, Atlanta
The audience of Black journalists was prepared for a combative exchange well before Donald J. Trump took the stage on Wednesday for an interview at their annual gathering in Chicago. Yet when Mr. Trump, just minutes in, began questioning Vice President Kamala Harris’s racial identity, there was an instant ripple of reaction — a low rumble that grew into a roar of disapproval. “I didn’t know she was Black until a number of years ago when she happened to turn Black and now she wants to be known as Black. So I don’t know, is she Indian or is she Black?” Mr. Trump said of Ms. Harris, whose mother was Indian American and whose father is Black. The moment was shocking, but for those who have followed Mr. Trump’s divisive language, it was hardly surprising.
Persons: Donald J, Trump, Kamala Harris’s, , Ms, Harris Locations: Chicago, Indian American
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
Nearly half, 48%, of singles under the age of 35 want a serious or committed relationship, according to a new eharmony report. Almost one-third, 30%, believe that you need to go on two dates a week if you want to find a long-term relationship. This might not be enough, though, says Lisa Marie Bobby, a relationship psychologist and founder of Growing Self Counseling & Coaching in Denver. "In my experience it takes a lot of energy to find your person," she says. "People who are really serious about finding their person are going to be spending a lot more time than two days a week dating," Bobby says.
Persons: Lisa Marie Bobby, Bobby Locations: Denver
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
Meta Platforms topped revenue and earnings expectations for the recent quarter, posting earnings of $5.16 per share on $39.07 billion in revenue. Qualcomm posted adjusted earnings of $2.33 per share on $9.39 billion in adjusted revenue. Arm forecast adjusted earnings ranging between 23 cents and 27 cents per share for the fiscal second quarter , while analysts called for 27 cents, per LSEG. Kyndryl Holdings posted revenue of $3.74 billion, falling short of the $3.79 billion expected by analysts surveyed by LSEG. Adjusted earnings topped estimates, while revenue came up short of the $4.53 billion expected by analysts polled by LSEG.
Persons: Teladoc, LSEG, Etsy, Lam, C.H, Robinson, , Alex Harring, Lisa Han, Jesse Pound, Darla Mercado Organizations: Qualcomm, Arm Holdings, Revenue, Cheesecake Factory, eBay, EBay, Western Digital, Lam Research, MGM Resorts, LSEG, Holdings, IBM, Kyndryl Holdings Locations: FactSet
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer is "still in favor of owning the tech titans" even though "they don't benefit" when the Fed eventually decides to cut rates. Jim also noted another reason for AMD stock not rallying even further — investors still want to be in "companies that benefit from lower rates." 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 .
Persons: Jim Cramer, Stocks, Cramer, Lisa Su, Jim, We're, Jim Cramer's Organizations: CNBC, Federal Reserve, Fed, Microsoft, Nvidia, AMD, DuPont
Are Queer People Born This Way? - The New York Times
  + stars: | 2024-07-31 | by ( Charles M. Blow | ) www.nytimes.com   time to read: +5 min
Don’t Tell My Friends, But… is a seriesin which we asked Times columnistswhateveryone else is wrong about. When Lady Gaga released “Born This Way,” the 2011 song on an album of the same name, it was an instant hit and an instant L.G.B.T.Q. “Born this way” may, unfortunately, have been an oversimplification. Just last year, Rolling Stone crowned “Born This Way” the most inspirational L.G.B.T.Q. “Born this way,” as both a scientific concept and a political ideology, was easy to understand, accept and digest.
Persons: Lady Gaga, Elton John, Queerness, Barack Obama, ” Obama, Gaga, Jamey Rodemeyer, Obama, Don’t, , , It’s, Rolling, Lisa Diamond, Joanna Wuest Organizations: Human, University of Utah, TED, Stony Brook University Locations: California
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAMD CEO Lisa Su on Q2 earnings beat: Very excited about the traction that we're seeingAMD CEO Lisa Su joins 'Squawk on the Street' to discuss the company's quarterly earnings results, data center roadmap, PC demand, raising guidance on AI adoption, state of AI competition, and more.
Persons: Lisa Su
CNN —“Top Chef” alum Shirley Chung has gone public with her cancer diagnosis. “A few days later, I was diagnosed, stage 4 tongue cancer, as cancer cells also spread into my lymph nodes,” Chung, 47, wrote. While it meant relocating for treatment, Chung said she decided to try it. “Cheer me on, Shirley Chung 2.0 will be reborn in 2025!”According to the American Cancer Society, more than 58,000 new cases of oral cavity and oropharyngeal cancers are diagnosed in the United States each year. Acclaimed chef Grant Achatz spoke with NPR in a 2011 interview about his own experience with stage 4 tongue cancer and undergoing treatment at the University of Chicago.
Persons: , Shirley Chung, Chung, ” Chung, , I’ve, she’s, Grant Achatz Organizations: CNN, University of Chicago, American Cancer Society, NPR Locations: United States
Market volatility in Dane County, Wisconsin, a largely Democratic, college-educated part of a solidly purple state, boosted its difficulty score to 78 on NBC News’ index. Average homebuying difficulty in the U.S. overall ranks at 84, up from 54 in 2020. At the Republican National Convention earlier this month, giant screens flashed comparisons of average mortgage rates under the Trump and Biden administrations. But one Gwinnett County resident said softer demand isn’t keeping him up at night. For house hunters in Gwinnett County, Scott said, “that would make life a lot better.”
Persons: Dane, They’ve, Donald Trump, Kamala Harris, Biden, , Lisa Scott, Scott, Mannie Marte, Marte, who’s, Harry Truman, Harris Organizations: Democratic, NBC, Republican National Convention, Trump, Biden, Gwinnett, Private, Getty, Phoenix, Voters, Federal, Commerce Department Locations: Dane County , Wisconsin, Wisconsin, Dane, U.S, Gwinnett County , Georgia, Lawrenceville, Duluth, Georgia, Gwinnett, Lilburn, Atlanta, Marte, Reno, Washoe County, Erie, Maricopa County , Arizona, Gwinnett County
AMD sold off on its first-quarter earnings report due in large part to its MI300 sales guidance falling short of sky-high expectations. Nvidia remains the dominant player in AI chips, but AMD is continuing to carve out a lane in the rapidly expanding market. Among the highlights, Su said Microsoft has expanded its use of the AI chips for certain software applications, including messaging app Teams. AMD's data center business is now nearly 50% of companywide revenues, up from 37% in the fourth quarter of 2023. Within data center, sales of both AI chips and traditional server chips will grow in the third quarter, Su said.
Persons: Lisa Su, Su, Jim Cramer, it's, , FactSet, Jim Cramer's, Jim, Cheng Organizations: Revenue, AMD, Intel, Nvidia, Broadcom, Club, Microsoft, CNBC, Micro Devices, Afp, Getty Locations: Taipei
Impending rate cuts could help shares of Affirm claw back some of their year-to-date losses, according to Bank of America. In a Tuesday note, the bank upgraded shares of Affirm to a buy rating from neutral, pointing to increased profitability prospects. Affirm offers a buy now, pay later service for its customers. Analyst Jason Kupferberg's $36 price objective implies a potential 34% upside for the stock. AFRM YTD mountain AFRM YTD chart In the medium term, Kupferberg believes that Affirm has an "achievable" plan to boost profits, which will in turn increase its share price.
Persons: Jason Kupferberg's, Kupferberg, AFRM, Jerome Powell, Michael Bloom Organizations: Bank of America Locations: U.S
Office jargon is another corporate relic that Gen Z is unsubscribing from, refusing to "circle back" or get their "ducks in a row." "Gen Z isn't playing the corporate language game," Emily Durham, a recruiter and popular TikToker, told Business Insider. About 60% of the Gen Z and millennials surveyed said this workplace jargon felt like another language, and two-thirds thought their colleagues overdid it. Jargon is exclusionaryThe "corporate accent" is also joining jargon on the list of workplace cultures that Gen Z is resisting. But another may also be how educated Gen Z is on the roots of some of these things.
Persons: , Emily Durham, Z, millennials, Durham, belligerently, Lisa Beasley, Nick White, Erin, Gen Z, somebody's, Gen Zers, hasn't, I've Organizations: Service, Business Locations: Durham
Revenue of $695 million was also higher than the $686 million expected. Adjusted earnings of 5 cents per share topped the loss of 2 cents per share forecasted by analysts polled by FactSet. Additionally, Howmet increased its quarterly dividend to 8 cents per share from 5 cents per share, to be payable Aug. 26. JetBlue — Shares jumped 4% after the airline said adjusted earnings per share was 8 cents for the second quarter. Analysts expected a profit of $2.80 per share on revenue of $1.18 billion, according to StreetAccount.
Persons: Woodward, FactSet, LSEG, Archer, Gamble —, Leidos, StreetAccount, — CNBC's Michelle Fox, Hakyung Kim, Lisa Kailai Han, Alex Harring, Jesse Pound, Fred Imbert, John Melloy Organizations: CNBC, Delta Airlines, Microsoft, FactSet, Inc, , Technology, Merck —, pharma, Semiconductor, Bank of America, Pfizer —, Pfizer, Varonis Systems, Howmet Aerospace, Corning, LSEG, Daniels, Midland, JetBlue —, Revenue, PayPal —, PayPal, Procter, Gamble, U.S . Pentagon Locations: FactSet .
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