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☆ Here are Tuesday's biggest analyst calls: Apple, Meta, Tesla, Costco, Walmart, Disney, First Solar and more
▼ + stars: | 2024-10-22 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Tuesday's biggest calls on Wall Street: Loop initiates AppLovin as buy Loop said the software publisher is an "indispensable infrastructure for the mobile gaming industry." Citi upgrades First Solar to buy from neutral Citi said the solar company is a winner no matter who wins the election. KeyBanc initiates Zeta Global as overweight KeyBanc said the marketing software company has an attractive platform. Stifel initiates Braze as buy Stifel said the software company is best positioned. Stifel initiates Klaviyo as buy Stifel said it is bullish on the software company.

Persons: Bernstein, Mizuho, Jefferies, Tesla, Morgan Stanley, Apple, Meta, Redburn, KeyBanc, Stifel, Disney, JPMorgan downgrades Hertz, Itron Organizations: Costco, Walmart, omni, Citi, Democratic, Republican, Cadence, Apple, LT, Microsoft, " Bank of America, Meta, Bank of America, Zeta Global, ZETA, Disney, JPMorgan, Hertz Global Holdings, Jefferies, Guggenheim

☆ MLS attendance and sponsorship revenue hit regular season records
▼ + stars: | 2024-10-22 | by ( Lillian Rizzo | Chris Hawes | ) www.cnbc.com time to read: +1 min

Lionel Messi of Inter Miami competes during a friendly match between Inter Miami and Newell's Old Boys at DRV PNK Stadium in Fort Lauderdale, Florida on February 15, 2024. Major League Soccer scored several regular season records, including for attendance and sponsorship, thanks in part to international super star Lionel Messi — and corporate strategy. Nearly 11.5 million people attended MLS matches during the regular season — which ended this past weekend — the most in its history, according to data from the league. Each match during the 2024 season averaged 23,234 attendees, the highest ever for the regular season. Last year, MLS' Inter Miami signed Messi, which caused a surge in attendance, jersey and other product sales, and overall fanbase engagement.

Persons: Lionel Messi, Lionel Messi —, Messi, Luis Suárez Organizations: Inter Miami, Major League Soccer, MLS, National Basketball Association, Messi, U.S . Locations: Fort Lauderdale , Florida

☆ Washington’s Arab allies engage with Iran as US efforts to stem Middle East violence falter
▼ + stars: | 2024-10-22 | by ( Mostafa Salem | ) edition.cnn.com time to read: +7 min

Abu Dhabi, UAE CNN —Growing unease over the United States’ inability to de-escalate tensions in the Middle East is prompting some of Washington’s closest Arab allies to significantly increase engagement with its primary regional adversary: Iran. Arab nations that had spent decades brawling with Iran for regional influence are now opting to engage with it again. Despite seeing an opportunity to weaken Iran’s regional influence, Arab nations are now signaling neutrality. “The Gulf (Arab) monarchies’ priority is not to be directly involved in a proper regional conflagration. Still, regional states rely heavily on their military relationship with the US.

Persons: State Anthony Blinken, Yahya Sinwar, Israel, Blinken’s, Hassan Nasrallah, Ismail Haniyeh, Prince Mohamed bin Salman, Ayatollah Ali Khamenei, Hitler, ”, Abbas Araghchi, Jordan’s King Abdullah II, Abdel Fattah Al, ” Araghchi, Crown Prince Sabah, Cinzia Bianco, ” Kuwaiti Crown Prince Sheikh, ” Kuwaiti Crown Prince Sheikh Sabah Khaled Al, Hamad Al, ” Hasan Alhasan, Biden, Benjamin Netanyahu, “, ” Anwar Gargash, Joe Biden’s, Abu, ” Bianco, Jake Sullivan Organizations: UAE CNN, State, Saudi Arabia’s, Iranian, Saudi, Bahraini, Crown, CNN, European Council, Foreign Relations, ” Kuwaiti Crown, Kuwait News Agency, Reuters, Middle, International Institute for Strategic Studies, Israeli, United Arab Emirates, US, US National, Atlantic Festival Locations: Abu Dhabi, UAE, United States, Washington’s, Iran, Republic, Israel, Gaza, Lebanon, Tehran, Riyadh, Tehran’s, Amman, Egypt, Abdel Fattah Al Sisi, Cairo, Doha, Muscat, Manama, Crown Prince, Crown Prince Sabah Al, Sabah, Kuwait City, Islamic Republic, ” Kuwaiti Crown Prince Sheikh Sabah, Bahrain, Saudi Arabia, Saudi, Washington, Yemen, China, Washington ,

☆ The NFL's $1,000 branded designer jackets are the latest sign of fashion's newfound love affair with sports
▼ + stars: | 2024-10-22 | by ( Maria Noyen | ) www.businessinsider.com time to read: +6 min

New York low-key women's fashion brand Veronica Beard just launched a collaboration with the NFL. On Sunday, the NFL announced a partnership with Veronica Beard, a low-key luxury fashion brand in New York founded in 2010 by sisters-in-law Veronica Miele Beard and Veronica Swanson Beard. AdvertisementMany luxury brands are increasingly courting sports fans as an untapped source of revenue. The luxury fashion industry can't rely on sports to be its saving grace long-termHowever, Pedraza said, not all collaborations reap big rewards. "There's a bit of a lack of innovation on the part of some luxury brands," he said.

Persons: Veronica Beard, —, Veronica Miele Beard, Veronica Swanson Beard, Veronica, Dickey Jackets, Renie Anderson, Taylor Swift, Serdari, Swift, LVMH, Bernard Arnault's, Red Bull, Louis Vuitton, Bernard Arnault, Victor Boyko, Milton Pedraza, Pedraza, — Gen Zers, millennials —, they're, Mary Organizations: NFL, Service, Business, NYU's Stern School, Formula, Bloomberg, Paris FC football, Red, Paris Olympics, NBC, Luxury Institute Locations: York, New York

☆ Inside the efforts to reach young Black men who might stay home instead of voting
▼ + stars: | 2024-10-22 | by ( Arit John | ) edition.cnn.com time to read: +8 min

Philadelphia CNN —Dozens of Black motorcyclists drove through north and west Philadelphia over the weekend with a simple message for Black men: Go vote. Younger Black men have received increased attention from the Harris campaign in recent days. Since January, Black Men Vote has been reaching out to its target audience in Michigan, Wisconsin and Pennsylvania, where the group says it has registered more than 100,000 Black men to vote. Black Men Vote has also partnered with barbers, who they’ve trained as voting ambassadors to talk to clients about civic engagement. Ninety-two percent of Black voters in the state backed the president, including 89% of Black men and 94% of Black women, according to CNN exit polls.

Persons: –, ’ ”, Mark Kelly Tyler, Kamala Harris ’, isn’t, Donald Trump’s, Harris, Tyjuan Harris, Al Gore, hadn’t, “, ” Harris, “ America’s, ” Joe Paul, they’ve, Paul, Barack Obama, Kamala Harris, she’s, ”, Joe Biden, Biden, Trump, Hillary, surrogates, Jazzy Jeff, Omar Sabir Organizations: Philadelphia CNN, Black, Black Riders, Mother, Mother Bethel AME Church, Republicans, Custom Creations, CNN, Trump, Pennsylvania, Philadelphia Locations: Philadelphia, Mother Bethel, Pittsburgh, West, America, Michigan , Wisconsin, Pennsylvania, Black, Germantown, Philadelphia County

Elon Musk’s daily $1 million lottery for registered swing state voters who sign his super PAC’s petition falls into a legal gray area and could potentially violate election law, three experts told NBC News. Paying someone to vote or to register to vote is explicitly illegal under federal law. “This is at best very questionable legally,” said Michael Morse, an assistant professor of law at the University of Pennsylvania Carey Law School. But none of the experts who spoke with NBC News believed law enforcement is likely to stop the lottery or fine Musk before the election. “You can only register to vote in Pennsylvania until today.

Persons: “, ”, John Fortier, Elon Musk, Michael Swensen, Michael Morse, ” “ I’ve, Nate Persily, it’s, Musk, Rick Hasen, Hasen, Justice Department’s, it’s “, Josh Shapiro, Morse, Trump, Kristine Fishell, Penn Organizations: Elon, NBC News, Musk’s America PAC, America PAC, American Enterprise Institute, NBC, University of Pennsylvania Carey Law School, “, Stanford Law School, Musk’s PAC, UCLA School of, Democracy, Justice, ”, ” Pennsylvania Gov, Press Sunday, Department, Justice Department, Pennsylvania, Federal, Trump, Republican, New York Times Locations: Pittsburgh, ” Pennsylvania, Pennsylvania, Michigan

☆ 'Lopez vs. Lopez' started its third season, and George Lopez explains its success
▼ + stars: | 2024-10-21 | by ( Arturo Conde | Arturo Conde Is An Editor | A Bilingual Freelance Journalist. He Writes For La Opinión A Coruña | ) www.nbcnews.com time to read: +3 min

With Friday's "Lopez vs. Lopez" season three kickoff, the show's star George Lopez attributes the series' success to the strong stories that drive the characters. They’re mostly based on experiences of mine or Mayan’s,” said Lopez, referring to his daughter, Mayan Lopez. Fans will remember that season two ushered in big changes for the Lopez family. And their daughter Mayan became engaged to boyfriend Quinten (Matt Shively) in the season finale. “Lopez vs. Lopez” airs Fridays at 8:30 pm ET on NBC, and via streaming on Peacock the next day.

Persons: Friday's, Lopez, George Lopez, ”, Mayan Lopez, George, Rosie's, Selenis Leyva, Mayan, Quinten, Matt Shively, Mayan’s, “, ” Lopez, “ Rosie, Josué, Jaime Camil, ” “ Lopez, Lopez ”, —, III, VI, John Wick, “ Lopez Organizations: UCLA, Hollywood, NBC, Comcast, Netflix

☆ Olivia Nuzzi is out at New York magazine over undisclosed relationship with RFK
▼ + stars: | 2024-10-21 | by ( Liam Reilly | Hadas Gold | ) edition.cnn.com time to read: +4 min

“Nevertheless, the magazine and Nuzzi agreed that the best course forward is to part ways.”“Nuzzi is a uniquely talented writer and we have been proud to publish her work over her nearly eight years as our Washington Correspondent,” the magazine added. Nuzzi said her relationship with Kennedy “turned personal” the following month and ended in August. “The relationship was never physical but should have been disclosed to prevent the appearance of a conflict. I deeply regret not doing so immediately and apologize to those I’ve disappointed, especially my colleagues at New York,” she said in a statement. In a court filing, Lizza said Nuzzi told him that Kennedy had manipulated her and that he wanted to “possess,” “control” and “impregnate” her.

Persons: Olivia Nuzzi, Robert F, Kennedy, Jr, Davis Wright Tremaine, ”, Nuzzi, Ari Wilkenfeld, “, ” Wilkenfeld, Oliver Darcy’s, “ Mr, Kennedy “, fiancé Ryan Lizza, Lizza, impregnate, Simon, Schuster, Brian Stelter, Katelyn Polantz Organizations: New, New York CNN, New York, Washington, Washington Correspondent, New York Magazine, CNN, Politico Locations: New York, New, ” New York, Washington

☆ Why a hedge fund made a podcast about a shake-up it's pushing for at Southwest Airlines
▼ + stars: | 2024-10-21 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +6 min

Elliott Investment Management launched a podcast to influence Southwest Airlines shareholders. AdvertisementLast week, activist firm Elliott Investment Management launched a podcast as part of its efforts to influence Southwest Airlines shareholders. Related storiesElliott said its "Stronger Southwest" podcast will have one-on-one conversations with the firm's nominated directors. But companies like Southwest and Disney, which saw similar activist interest last year, have a lot of individual investors. Before the podcast, Elliott rolled out a website and accounts on Instagram, X, and YouTube.

Persons: —, Elliott, Bob Jordan, Jordan, Gary Kelly, Southwest's, Gregg Saretsky —, Scott Bisang, Bisang, Cas Sydorowitz, Georgeson, Sydorowitz, Disney, Nelson Peltz, Bob Iger Organizations: Elliott Investment Management, Southwest, Service, Apple, YouTube, Bloomberg, Disney, Hollywood

☆ Rupert Murdoch’s news outlets sue Perplexity AI for allegedly engaging in ‘massive freeriding’
▼ + stars: | 2024-10-21 | by ( Liam Reilly | ) edition.cnn.com time to read: +3 min

New York CNN —Rupert Murdoch’s Dow Jones, the parent company of the Wall Street Journal, and the New York Post sued Perplexity on Monday, accusing the generative AI company of illegally scraping its reporting and diverting traffic to its own platforms. The News Corp-owned companies accused Perplexity of training its so-called answer machine with copyrighted material, using scraped human-created news content to generate responses to users’ questions, allowing them to circumvent the publishers’ websites. “Perplexity proudly states that users can ‘skip the links’ — apparently, Perplexity wants to skip the check.”A Perplexity spokesperson did not immediately respond to a CNN request for comment. Earlier this year, News Corp inked a massive deal with ChatGPT creator OpenAI, licensing its news content in an agreement reported to be worth more than $250 million. The Times also sued OpenAI last year for copyright infringement, accusing the company of using its reporting to train its chatbots without permission, claiming billions of dollars in damages.

Persons: Rupert Murdoch’s Dow Jones, Perplexity, Robert Thomson, ” Thomson, “ Perplexity, —, OpenAI, Thomson, Sam Altman, “, ” Organizations: New, New York CNN, Wall Street Journal, New York Post, News Corp, CNN, Corp, Artificial Intelligence, New York Times, Times Locations: New York

☆ 5 questions leaders face when adopting AI in hiring — and the solutions
▼ + stars: | 2024-10-21 | by ( ) www.businessinsider.com time to read: +7 min

During a recent Indeed Leadership Connect cohort, where like-minded TA leaders come together to share challenges and solutions, AI technology in recruiting was the main topic. How do hiring professionals respond to job candidates who are also using AI? When using AI tools to generate external-facing content, always include human oversight to mitigate the risk of irrelevant or biased content. This still saves time versus starting from scratch — and the more you use AI technology, the smarter it becomes. Key takeaways: Think beyond automation with AI; use the efficiency gains to rethink parts of your hiring process.

Persons: Amy Jordan, Trey Causey, Causey Organizations: TA, Connect, Insider Locations: Causey

☆ Liam Payne fans gather in great crowds to pay tribute in London’s Hyde Park
▼ + stars: | 2024-10-20 | by ( Sara Smart | Alli Rosenbloom | ) edition.cnn.com time to read: +3 min

Crowds gathered near the park’s Peter Pan statue, where they placed handwritten letters, teddy bears, balloons, photos and flowers, according to photos shared from the memorial. The scene created what looked like a scrapbook of both the singer’s life and the fans whose lives he touched. The Hyde Park memorial is one of many fan-organized vigils held throughout the weekend, with Payne’s supporters paying tribute to the singer in London, Japan, Australia and US, among others. Tributes placed at a memorial for former One Direction singer Liam Payne at London's Hyde Park on Sunday. Then he remembered thousands of people still followed @1DAlert and “I knew this was the best place for me to be.”Fans comforting each other while paying tribute to Liam Payne at a memorial held on Sunday in London's Hyde Park.

Persons: CNN — London’s, Liam Payne, Peter Pan, Hyde, Hollie Adams, ”, we’re, Jonathan Brady, Joseph Azar, Azar, “, Justin Tallis, ’, ” Azar Organizations: CNN, Reuters, New York City, WCBS, ”, Getty Locations: Buenos Aires, London, Japan, Australia, London's, Paris, Milan, New York, London's Hyde

☆ Netflix keeps getting sued over true-crime shows. It's thirsty for more.
▼ + stars: | 2024-10-19 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Netflix continues to seek out true-crime shows despite the legal risks. 3 on Netflix's most popular TV shows viewed of all time, as of September 29, with more than 1 billion hours viewed. AdvertisementNetflix faces lawsuits over true-crime showsWhile true-crime shows often have the potential to become low-budget hits, they can also involve legal risks and associated costs. Advertisement"I don't think it's going to stop them," said a second agent of the legal issues around some crime shows. Data from Parrot Analytics suggested viewer demand for true-crime documentaries — as opposed to scripted shows — on Netflix is far outweighed by supply.

Persons: —, Lyle, Erik Menendez, Anna, Anna Sorokin, Anna Delvey, Peacock, Guy Bisson, Ampere, " Bisson, Dahmer, Ryan Murphy, Murphy, Laci Peterson, Richard Gadd, Anna Sorokin's, Rachel Williams, Shonda Rhimes, hasn't, Ed Gein Organizations: Netflix, Service, Ampere, Netflix's, New York, Analytics

☆ D.E. Shaw, Mantle Ridge zero in on key fixes to build shareholder value at Air Products
▼ + stars: | 2024-10-19 | by ( Kenneth Squire | ) www.cnbc.com time to read: +12 min

Air Products provides industrial gases and related equipment in end-markets such as refining, chemicals, metals, electronics, manufacturing and food. These long-term contracts functionally guarantee an unlevered double-digit return before Air Products even needs to put a dollar into the ground. Investors appreciate companies like Air Products for their low-risk and highly stable cash-flowing operations. On Oct. 4, Mantle Ridge announced a more than $1 billion position in Air Products, and echoed a similar sentiment and identified similar issues as D.E. We strongly expect that many of Air Products' other shareholders are concerned about the same issue.

Persons: It's, Shaw, unadulterated, Praxair, Seifi, Linde, D.E, Seifi Ghasemi, Ghasemi, Samir Serhan, Mantle, Paul Hilal, Scott Sutton, Olin, Russell, Ken Squire Organizations: Air Products, Chemicals, Air Liquide, Linde, Products, Air, D.E, Technologies, Fidelity National Information Services, FedEx, Verisk, Healthcare Trust, 13D Locations: Saudi Arabia, Louisiana, Texas, D.E, Air

☆ 4 ways Brian Niccol can use his Chipotle playbook to reinvigorate Starbucks
▼ + stars: | 2024-10-19 | by ( Paulina Likos | ) www.cnbc.com time to read: +15 min

At Starbucks, Niccol inherits a company that under previous leadership consistently disappointed investors with weakening sales, including back-to-back periods of negative same-store sales growth this year. Operations Upon taking over Chipotle, Niccol's focus was on improving operations after the rise of digital orders complicated execution and increased wait times. The addition of shelves alone accelerated the use of Chipotle's second "make line," where digital orders are prepared in the back of the store. To rebuild consumer trust at Chipotle, Chipotle launched the "Behind the Foil" campaign to showcase transparency in food preparation. His marketing approach "brought new news in a positive way toward Chipotle," Silberman said.

Persons: Brian Niccol's, Brian Niccol, Jim Cramer, Laxman Narasimhan, Niccol, Chipotle, Howard Schultz, Narasimhan, Schultz, Jefferies, Andy Barish, Barish, Lauren Silberman, Silberman, Rachel Ruggeri, there's, It's, Carne Asada, Queso Blanco, Chipotle's, Deutsche Bank's Silberman, hasn't, Tressie Lieberman, Lieberman, Jim Cramer's, Jim, Adam Jeffery Organizations: Starbucks, CNBC, Street, North America, Deutsche Bank ., Deutsche, Taco, Yum Brands, Yahoo, LinkedIn, Starbucks Workers Locations: Chipotle, Niccol, China, U.S, Denver, Michigan, Maine

Matthew is serving a 7-year prison sentence in Singapore's Changi Prison for trafficking meth. Officials from the Singapore Prison Service say they encourage guards to think of themselves as “Captains of Life,” helping rehabilitate the prison population. Officials did not allow CNN to visit Institution A1, where more than 40 death row inmates await the same fate. Before each execution, authorities organize a professional photo shoot in which inmates trade their prison uniforms for civilian clothes. Hong Kong’s population is around 25% larger than Singapore’s, and it does not impose the death penalty for drug offenses.

Persons: Matthew, “, ”, Tom Booth, ” Shanmugam, Shanmugam, Rebecca Wright, ” Matthew, Steve Jobs, Nelson Mandela, Reuben Leong, –, Halinda binte Ismail, Halinda, Muhammed Izwan bin, ” Halinda, ’, Kirsten Han, Nazira, you’ve Organizations: Singapore CNN —, CNN, Changi, Singapore, Singapore’s, Home Affairs and Law, Visitors, Action Party, Home Affairs Ministry, Home Affairs, CNN Singapore, United Nations Office, Drugs, CNN Authorities, Singapore Prison Service Locations: Singapore, Canada, Portugal, Iran, North Korea, Saudi Arabia, Asia, Thailand, Laos, Myanmar, Scandinavian, mealtimes, United States, Australia, European, Hong Kong, British, –

Billionaire Elon Musk has upped his financial offer for registered swing state voters to sign a conservative-leaning petition. On Thursday, Musk wrote on X that his pro-Trump super PAC would give $100 to signees and those who refer them. He said the deadline to sign the petition is Monday night, the day that Pennsylvania voter registration closes. “If you’re a registered Pennsylvania voter, you & whoever referred you will now get $100 for signing our petition in support of free speech & right to bear arms,” Musk wrote. For anyone who refers a registered swing state voter to sign it, Musk promised to mail a check.

Persons: Elon Musk, Musk, ” Musk, Donald Trump, Trump, ”, hadn’t Organizations: Trump, America PAC, Musk’s America PAC, Facebook Locations: signees, Trump, Pennsylvania, Michigan, North Carolina

☆ North Korea’s Kim Jong Un calls South Korea a foreign, hostile country
▼ + stars: | 2024-10-18 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

SEOUL, South Korea — North Korean leader Kim Jong Un said South Korea is a foreign and hostile nation, state news agency KCNA reported Friday, with photos showing Kim conferring with high-ranking soldiers and poring over a map labeled “Seoul” at a command post. The reclusive state blasted road and rail links with South Korea this week. “This ‘two hostile countries’ rhetoric is, in the end, Kim Jong Un’s survival strategy ... Don’t interfere, live separately as a hostile country. On Friday, the top military commanders of South Korea and the United States held an annual Military Committee Meeting and expressed concern over security challenges stemming from North Korea’s threats. On Sunday, South Korea will begin annual large-scale military exercises called Hoguk to improve operational performance.

Persons: Kim Jong Un, KCNA, Kim, ” Kim, “, ” KCNA, ”, Yang Moo, Kim Jong Organizations: Seoul, 2nd Corps, North Korean, University of North Korean Studies, North, Joint Chiefs, Staff, Democratic People’s Locations: SEOUL, South Korea, North, North Korea, Seoul, colluding, Washington, U.S, Pyongyang, United States, Russia, Democratic People’s Republic of Korea

☆ Cramer says Netflix can rise 30% from Friday's new highs to $1,000 — here's why
▼ + stars: | 2024-10-18 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer believes Netflix 's innovative use of artificial intelligence (AI) in its ad-supported tier is a game changer, positioning the company far ahead of its competitors. "Netflix is so far ahead of everybody else," Jim noted, adding that the Street's enthusiasm for Netflix stock on the back of Thursday's beat-and-raise quarter is largely driven by its success in AI-based advertising. Netflix's AI advantage, Cramer highlighted, is why investors are willing to pay up for the stock. He set a $1,000 price target on the stock, which implies a 30% upside from Friday's intraday high of roughly $763. Looking ahead, co-CEO Gregory Peters stated that advertising would become one of Netflix' key growth drivers during the company's post-earnings webcast Thursday.

Persons: CNBC's Jim Cramer, Jim Cramer, Jim, Cramer, Gregory Peters Organizations: Netflix Locations: Thursday's, United States

☆ 2025 could bring a wave of healthcare IPOs. Here's what startups should know, according to a top banker.
▼ + stars: | 2024-10-18 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +8 min

The healthcare market looks nearly ready for the next wave of IPOs. But the next wave of public healthcare companies looks to be on the horizon. At least two healthcare companies are considering public-market debuts in the not-so-distant future. SVB SecuritiesI spoke with him about what the next wave of healthcare IPOs could bring — and which healthcare startups are in the best position to test the public markets. What models do you expect the healthcare market to favor in this next round of IPOs?

Persons: Jon Swope, —, It's, Health confidentially, haven't, there's, Waystar, healthtech Organizations: Barclays, Service, Health, healthtech, SVB Securities, Accolade, Healthcare, Walmart, Big Tech Locations: IPOs, healthtech, Waystar

☆ After a well-received quarter, Cramer explains why he thinks Netflix can 'rock on higher'
▼ + stars: | 2024-10-18 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

After a siding with the bulls in the run-up to Netflix 's latest earnings report, CNBC's Jim Cramer explained why the quarter made him more optimistic about the company's future, saying he was impressed by management's outlook and commentary about content. Netflix beat Wall Street's expectations for earnings, revenue and paid membership growth when it posted its report Thursday evening. The streaming giant's shares popped 11% Friday morning and maintained those gains through close. Cramer was encouraged by management's guidance for the current quarter and 2025, as the company expects to keep up double-digit revenue growth some investors feared would be hard to maintain. He also liked Sarandos' positive read on how AI will impact business.

Persons: CNBC's Jim Cramer, maul, Cramer, Ted Sarandos, Sarandos, Emily, I'm Organizations: Netflix, National Football League Locations: Paris

☆ King Charles visits Australia as the country puts its republic debate on hold
▼ + stars: | 2024-10-18 | by ( Hilary Whiteman | Lauren Said-Moorhouse | ) edition.cnn.com time to read: +8 min

Lesley Kerl met King Charles in Sydney during his last trip to Australia in April 2018. Pool via Nine NewsAfter Australia, King Charles will head to Samoa to join world leaders at the biennial Commonwealth Heads of Government Meeting (CHOGM), his first as head of the organization. “We’d love to wave goodbye to royal reign,” Nathan Hansford, co-chair of the Australian Republic Movement, told Reuters. The Australian Republic Movement launched a "farewell Oz tour" for King Charles ahead of his visit. He seems to have put that on hold to come out to Australia, as part of the Commonwealth,” McArthur said.

Persons: Australia CNN —, Charles, Camilla, Lesley Kerl, Kerl, King, “, ”, King Charles, there’ll, –, ” Nathan Hansford, Bev McArthur, ” McArthur, She’s, McArthur, Anthony Albanese, lauding, Queen Elizabeth II, Duke, Edinburgh, George Gross, Charles III, Thibaud Moritz, They’ll, Albanese –, Georgina Long, Richard Scolyer –, They’re, Scolyer, King George VI, I’ve, Anne Organizations: CNN’s Royal, Australia CNN, Government, Republicans, Australian Republic Movement, Reuters, The Australian Republic Movement, Commonwealth, Aboriginal, Torres Strait, Sports, Fox, King’s College London, Getty, Canberra, Australian, Torres, Opera, New Locations: Brisbane, Australia, Sydney, Commonwealth, Samoa, Windsor, Normandy, “, Germany, France, Kenya, United Kingdom, New Zealand, Charles, Torres Strait, New South Wales

☆ Netflix earnings beat expectations. Here's what analysts are saying
▼ + stars: | 2024-10-18 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

Analysts are getting even more bullish on Netflix following its earnings beat for the third quarter . Here is what other firms are saying: Pivotal Research keeps buy rating on stock The firm raised its price target to $925, a Street high. Bernstein reiterates its market perform rating The firm increased its price target to $780 from $625. Bank of America reiterates its buy rating The bank increased its price target to $800 from $740. 3Q results were generally ahead (OI 5% higher) while commentary pointed to sustained double-digit revenue growth and margin expansion in 2025."

Persons: Doug Anmuth, Anmuth, Morgan Stanley, Benjamin Swinburne, Bernstein, Goldman Sachs, NFLX Organizations: Netflix, JPMorgan, WWE, NFL, of America, Gaming, UBS, 3Q

☆ Say goodbye to deductibles. This health plan is simplifying health care costs and coverage.
▼ + stars: | 2024-10-18 | by ( Sponsor Post | Sponsored Unitedhealthcare | ) www.businessinsider.com time to read: +5 min

It's a modern employer-sponsored health plan designed to help simplify the process of choosing where to receive care by offering members the information they need upfront, enabling them to comparison shop for care. What's different with the Surest health plan? The result, according to a recent study, is that Surest members pay 54% less out of pocket compared to those in traditional plans. "The Surest health plan addresses many of the obstacles that consumers face, including by eliminating complicated math with clear, upfront cost and coverage details," Richards said. People who've tried the Surest plan usually like itConsumers cite ease of use, price clarity, and cost savings as some of the top advantages.

Persons: Surest, Alison Richards, " Richards, coinsurance, Aon, Dan Kueter, who've, It's Organizations: Employers, Insider Studios Locations: It's, Surest, Hawaii

☆ Battle of the billionaires: Harris deploys Mark Cuban as Elon Musk stumps for Trump
▼ + stars: | 2024-10-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +8 min

The Grinch is the one that's going to be putting these small business out of business." Unlike Musk, who has donated nearly $75 million and counting to Trump-aligned groups, Cuban is not a political donor. Ben Wikler, Wisconsin's Democratic Party Chair, praised Cuban's "talents" and said he has credibility to reach voters on business and economic issues. But I trust her.”None of this, however, is unfamiliar territory for Cuban, who played a similar role in 2016 for Clinton’s ultimately unsuccessful campaign against Trump. Before that campaign, Trump and Cuban had a hot-and-cold relationship.

Persons: Elon Musk, Donald Trump, Kamala Harris, Mark Cuban, Hillary Clinton, Cuban, Harris, Doug Emhoff, Harris —, —, He’s, Kamala, Trump, Zoe Lofgren, Ben Wikler, Cuban's, Wikler, Jim Watson, Musk, ” Cuban, Chuck Todd, “, Elon, ‘ There’s, ”, Theo Von’s, Diddy, knifed Trump, I’d, Von, Clinton’s, Clinton, Stephen Colbert’s, “ Donald, Gennifer, ” Trump, Bill Clinton, — Trump, Mandel Ngan, Jeff Hauser, Lina Khan, Alexandria Ocasio, “ Harris ’ Organizations: Elon, IGN, Cuban, Venture, SpaceX, Trump, Commission, Equis Research, Wisconsin's Democratic Party, Getty, NBC News, NBA, Dallas Mavericks, Democrats, “ Major League Baseball, Security and Exchange Commission, SEC, Fox News, Department of Health, Human Services, Federal Locations: Wisconsin, Phoenix, Michigan, La Crosse , Wisconsin, Pennsylvania, AFP, Cuban, United States, Harris, Alexandria, Cortez

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