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Welcome to summer! Body-shaming is everywhere
  + stars: | 2024-07-11 | by ( Madeline Holcombe | ) edition.cnn.com   time to read: +7 min
Comfort and connectionIn addition to all the messages about what people should look like, the physical sensations of summer often bring increased attention to people’s bodies, Campos said. For a better relationship with your body this summer, Campos recommends finding ways to connect with yourself in more enjoyable ways. “That is a connected moment where I can say, ‘This feels good in my body,’” Campos said. “When somebody’s having a hard body image day … I want them to check in about what else is going on,” she said. “You might feel better, but it doesn’t actually change anything in your body.
Persons: they’re, , Rebecca Moravec, Bri Campos, Campos, “ You’re, ’ ” Campos, Moravec, Whitney Trotter, you’ll, Jordi Salas, ” Moravec, , I’m, Trotter, ” Trotter Organizations: CNN, Getty Locations: Denver, Paramus , New Jersey, Austin , Texas
Read previewAmid rising tensions with China, the Philippines is planning to buy its first submarine. AdvertisementChina and its neighbors have been at loggerheads for the past decade, after Beijing claimed sovereignty over most of the South China Sea, including islands and resource-rich waters. AdvertisementBut that leaves the question of how readily the Philippines Navy can operate a submarine. Chinese Coast Guard holding knives and machetes as they approach Philippine troops in the disputed South China Sea on June 17, 2024. Armed Forces of the Philippines via AP, FileA single submarine would do little to change the power imbalance between the Philippines and China.
Persons: , Greg Poling, Ferdinand Marcos Jr, Thomas Shoal, Poling, Rodrigo Duterte, You've, Mark Manantan, Manantan, Michael Peck Organizations: Service, Business, Philippine Navy, Washington -, Strategic, International Studies, Diesel, Philippines Navy, Malaysia, Forum, Islamic, Philippine Communist Party, Coast Guard, Armed Forces, AP, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: China, Philippines, Philippine, South China, Asia, Washington, loggerheads, Beijing, Vietnam, Malaysia, Sierra Madre, American, France, Spain, South Korea, Italy, Indonesia, Hawaii, Mindanao, Manila, Asian, Forbes
Turkey's pro-Western tilt and Ukraine support have strained the Erdoğan-Putin relationship. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTurkey's President Tayyip Erdoğan has long been eyeing the role of peacemaker in Russia's war with Ukraine. Erdoğan most recently pursued this ambition again on Wednesday when he told Russian President Vladimir Putin that Ankara could help end the war, Reuters reported, citing the Turkish presidency. The two leaders were speaking on the sidelines of the Shanghai Cooperation Organisation summit in Kazakhstan, which Putin is attending in person.
Persons: Erdoğan, Putin, , Tayyip Erdoğan, Vladimir Putin Organizations: Kremlin, Service, Reuters, Shanghai Cooperation Organisation Locations: Russia, Ukraine, Turkey, Erdoğan, Ankara, Kazakhstan
Former President Donald J. Trump’s silence to some extent reflects his desire for President Biden to stay in the race. But Mr. Trump has largely sat back and allowed the Democratic Party to dominate the debate over Mr. Biden’s political future, in a signal of his preferred opponent. Mr. Trump did appear to delight in mocking his rival in a raw video first reported by The Daily Beast on Wednesday and later shared by Mr. Trump. If Mr. Biden stepped aside, Mr. Trump would lose two lines of attack that have been central to his campaign. That message would be hamstrung if another candidate replaced Mr. Biden on the ticket.
Persons: Donald J, Biden, Trump, Mr, John Reid, Biden’s, “ Biden, Kamala Harris, Michelle Obama, Harris, Obama, , golfed, , Corey Lewandowski, Mike Howell, Trump’s, Susie Wiles, Chris LaCivita, Joe, Cackling Copilot Kamala Harris, Kamala, Lewandowski, Joe Biden, ” Mr, , Lindsey Graham, Graham Organizations: Democratic Party, New York Times, Siena, Republican, Democratic, Biden’s Democratic, CNN, Mr, Daily, Trump, America, Heritage Foundation, Inc, House Republicans, , , Trump Campaign Locations: Virginia, New Jersey, Georgia, Nevada, Wisconsin, Biden’s, South Carolina
I’m not leaving,” Biden declared to spooked campaign staff on a phone call on Wednesday as he searched for an elusive comeback. And even a far more competent damage control effort than the White House and the Biden campaign have mounted so far would have struggled to erase that impression. On Wednesday for instance, the White House picked up Biden’s line that he was jet lagged after two trips to Europe in early June. And Biden had the Democratic governors to the White House. The White House and the campaign said the reports were false.
Persons: CNN —, Joe Biden, Biden, Donald Trump, , ” Biden, , CNN’s MJ Lee, Raúl, The New York Times he’d, Lloyd Doggett, Trump, squandering, Karine Jean, Pierre, ” — Biden, Chuck Schumer, Hakeem Jeffries, Nancy Pelosi, James Clyburn, Delaware Sen, Chris Coons, Minnesota’s Tim Walz, Wes Moore, Moore, – Gavin Newsom, Joe Biden’s, there’s, Gretchen Whitmer, Kamala Harris, Annie Grayer, Chris LaCivita, Susie Wiles, Joe, Copilot Kamala Harris, , — Biden’s, he’ll, Jeff Zeleny, Jamie Raskin, Debbie Dingell Organizations: CNN, White House, Independence, Democratic, White, ABC News, Democratic Party, Trump, Biden, The New York Times, Texas Rep, New York Times, Siena College, South Carolina Rep, House, Michigan Gov, , Michigan Locations: Atlanta, Europe, Arizona, Grijalva, Siena, Wisconsin, Pennsylvania, California
Tesla stock had a tough first half of 2024 but Wall Street is eyeing a turnaround. Tesla deliveries slumped for the second quarter in a row, but they were stronger than analysts had expected, with clocking in at 443,956, compared to estimates of 436,000. AdvertisementTesla also reduced its inventory over the second quarter and boosted its energy storage to an all-time high. Morgan Stanley reiterated its "overweight" rating on Tesla stock with a price target of $310, implying another 30% upside. In the most bullish scenario, Tesla stock could rally to $400 by the end of the year, Ives said, implying 63% upside from current levels.
Persons: , Wall, Musk, Tesla, Morgan Stanley, Elon, Garrett Nelson, Robotaxi, Nelson, CFRA, Keith Fitz, Gerald, Gerald Research, Dan Ives, Wedbush, Ives Organizations: Service, Elon, Wall Street, Investors, Tesla Energy, CFRA, CNBC, Wedbush Securities
The 10-year Treasury yield spiked 13 basis points to 4.479%. AdvertisementUS stocks ended higher on Monday to start the second half of the year, rising even as bond yields soared during the session. Meanwhile, shifting outlooks on the US election have added uncertainty to the bond market, and yields on the 10-year Treasury surgedon Monday. The 10-year Treasury yield spiked 12 basis points to 4.469%. Among individual stock movers on Monday, Chewy whiplashed after meme-trading legend Keith Gill disclosed a $245 million stake in the company.
Persons: , Stocks, surgedon, Joe Biden, Donald Trump, Goldman Sachs, Jerome Powell, John Williams, Chewy, Keith Gill Organizations: Treasury, Service, Nasdaq, Federal Reserve, Trump, Traders, Federal Locations: France
US stocks ticked higher as traders looked to kick off the second half of the year,The market is adding to a strong performance in the first half, with the S&P 500 up 14% year-to-date. Investors are waiting for the June jobs report to roll out on Friday, which could shape the outlook for rate cuts. AdvertisementUS stocks surged on Monday as traders looked ahead to fresh jobs data at the end of the holiday-shortened week. Major indexes rose to add to gains from the already strong first half of 2024, while bond yields also ticked higher. Economists expect the economy to have added 190,000 jobs in the last month, down from 272,000 jobs added in May.
Persons: , Stocks, Hogan, Riley Wealth, Keith Gill Organizations: Service, Nasdaq, Nvidia, Treasury, GameStop, Here's
Washington CNN —Donald Trump used to tell his fans that he’d win so much, they’d get tired of winning. The ex-president’s lawyers are already signaling they will seek to get evidence tossed and obstruction counts against the ex-president dismissed. The court released its decision ahead of an even more critical case that will bear more directly on Trump’s criminal entanglements. A second 2020 election case, in Georgia, is also stalled – partly over a controversy and appeals process triggered by a relationship between District Attorney Fani Willis and a prosecutor she appointed. Trump is only three years younger than Biden and often lapses into gibberish in campaign events.
Persons: Washington CNN — Donald Trump, they’d, Joe Biden’s, Trump, ” Trump, Jack Smith, Aileen Cannon, Cannon, , Fani Willis, Juan Merchan, it’s, Biden, Biden’s, he’s, , overstepped, Smith, CNN’s Paula Reid, , ” Cannon Organizations: Washington CNN, Trump, America, , Justice Department, Capitol, Republican, WIN, White, Republican National Convention, Biden, Justice, Trump . Trump’s Locations: Atlanta, Virginia, Florida, Lago, Georgia, New York, Milwaukee , Wisconsin
The economic outlook also looks precarious, given stubborn inflation and slowing growth. AdvertisementThe stock market looks poised for a correction, and a dicey economic and monetary policy environment could cause equities to dive 10%, according to Stifel's chief stock strategist Barry Bannister. Economic growth has been slowing, with GDP expanding by 1.4% in the first quarter, according to the latest revision. Sticky inflation also weighs on the outlook for Fed rate cuts, which poses more bad news for stocks. AdvertisementOther investing veterans have warned stocks are due for a comedown amid lofty valuations.
Persons: Stifel's Barry Bannister, , Barry Bannister, Bannister —, Bannister, that's, John Hussman Organizations: Service, Yahoo Finance, Fed
Rival United Airlines — second to Delta in net profit margins — is circling. Delta plans to open Delta One lounges in Boston and Los Angeles later this year, and is studying airports where it could open others. Like other airlines, Delta accepted billions in federal aid to weather the pandemic. Luxury air travel and the United States didn't go together for many years — and might not still, if you ask well-heeled globetrotters. And at Delta and other airlines, many of the perks for luxury flyers come through lounges.
Persons: Benoit Tessier, Ed Bastian's, Bastian, Ed Bastian, John F, Raymond James, Savanthi Syth, Andrew Nocella, Patrick Quayle, Quayle, Richard Anderson, Anderson, Delta, Barack Obama's, They're, Shai Weiss, Claude Roussel, Joe Biden, United States didn't, Henry Harteveldt, Scott Kirby Organizations: Airbus, Delta Air Lines, Reuters Delta Air Lines, Transportation Department, Rival United Airlines —, CNBC, Delta Air Lines Inc, Bloomberg, Getty, American Express, Kennedy International Airport, United, Boeing, U.S, Labor, Southwest Airlines, U.S ., JetBlue Airways, Delta, Corporate, Northwest Airlines, Endeavor, Virgin, American, Sky Club, New, LaGuardia, Etihad Airways, Singapore Airlines, Atmosphere Research, Airlines, Sky Clubs, Los Angeles International Airport, JFK, American Airlines, JPMorgan, Consumer Electronics, Starbucks Locations: punctuality, New York, Delta, Chicago, Boston, Los Angeles, Dubrovnik, Croatia, Amman, Jordan, Cape Town , South Africa, Atlanta, U.S, Queens, N.Y, United, Tokyo, York, United States, Las Vegas
Hong Kong CNN —China’s Chang’e-6 lunar module returned to Earth Tuesday, successfully completing its historic mission to collect the first ever samples from the far side of the moon in a major step forward for the country’s ambitious space program. “The Chang’e-6 lunar exploration mission has been a complete success,” said Zhang Kejian, head of the China National Space Administration (CNSA), from the control room. Once they receive the samples, Chinese scientists are expected to share data and carry out joint research with international partners, before Beijing later opens the samples for access by international teams, according to statements from CNSA officials. China and the US are not alone in eyeing the national prestige, potential scientific benefits, access to resources and further deep space exploration that successful moon missions could bring. Last year, India landed its first spacecraft on the moon, while Russia’s first lunar mission in decades ended in failure when its Luna 25 probe crashed into the moon’s surface.
Persons: China’s, , Zhang Kejian, Xi Jinping –, , zhong ”, Luna, James Head, Yuqi Qian, Artemis, Bill Nelson, ” Nelson Organizations: Hong Kong CNN, Tuesday, CCTV, China National Space Administration, CNN, Brown University, , University of Hong, International, NASA, Luna Locations: Hong Kong, Mongolia, United States, Beijing, China, Soviet, University of Hong Kong, India, Japan, Texas, Chang’e
Read previewBarcelona plans to end short-term rentals after complaints that tourism has priced locals out of the housing market. "Tourist apartments represent just 0.77% of Barcelona's housing stock," Enrique Alcantara, president of the Barcelona Tourist Apartments Association, told media after the announcement. AdvertisementGlobal short-term rental restrictionsOther cities are similarly eyeing short-term rental restrictions to manage skyrocketing housing costs in what's been deemed the "Airbnb effect." Cities including Vancouver, Tokyo, London, Amsterdam, and Paris have all placed restrictions on the short-term rental market. Some Southeast Asian countries have banned short-term rentals completely.
Persons: , Jaume Collboni, Collboni, Airbnb, Damià Calvet, Calvet, Enrique Alcantara Organizations: Service, Business, Spanish, Government, EU, Barcelona Tourist Apartments Association, Estate Economics Locations: Barcelona, Spanish, Madrid, what's, Irvine , California, New York City, Cities, Vancouver, Tokyo, London, Amsterdam, Paris, Singapore, Thailand, Irvine
Read previewBarcelona plans to end short-term rentals after complaints that tourism has priced locals out of the housing market. By 2029, no homes will be allowed to operate as short-term tourist accommodations. AdvertisementGlobal short-term rental restrictionsOther cities are similarly eyeing short-term rental restrictions to manage skyrocketing housing costs in what's been deemed the "Airbnb effect." Cities including Vancouver, Tokyo, London, Amsterdam, and Paris have all placed restrictions on the short-term rental market. Some Southeast Asian countries have banned short-term rentals completely.
Persons: , Jaume Collboni, Collboni, Airbnb, Damià Calvet, Calvet, Enrique Alcantara Organizations: Service, Business, Spanish, Government, EU, Barcelona Tourist Apartments Association, Estate Economics Locations: Barcelona, Spanish, Madrid, what's, Irvine , California, New York City, Cities, Vancouver, Tokyo, London, Amsterdam, Paris, Singapore, Thailand, Irvine
The United States and China resumed semi-official nuclear arms talks in March for the first time in five years, with Beijing's representatives telling U.S. counterparts that they would not resort to atomic threats over Taiwan, according to two American delegates who attended. The United States and China resumed semi-official nuclear arms talks in March for the first time in five years, with Beijing's representatives telling U.S. counterparts that they would not resort to atomic threats over Taiwan, according to two American delegates who attended. The Chinese representatives offered reassurances after their U.S. interlocutors raised concerns that China might use, or threaten to use, nuclear weapons if it faced defeat in a conflict over Taiwan. The two countries briefly resumed Track One talks over nuclear arms in November but those negotiations have since stalled, with a top U.S. official publicly expressing frustration at China's responsiveness. The Pentagon, which estimates that Beijing's nuclear arsenal increased by more than 20% between 2021 and 2023, said in October that China "would also consider nuclear use to restore deterrence if a conventional military defeat in Taiwan" threatened CCP rule.
Persons: interlocutors, David Santoro Organizations: The, Reuters, People's Liberation Army, State Department, U.S, Pentagon Locations: States, China, Taiwan, The United States, Beijing, Taipei, U.S, Washington, Shanghai
I traveled to my first Art Basel, an international art fair hosted each summer in Basel, Switzerland. Collectively, this made up Art Basel, the world's premiere art show, where more than 250 gallerists feature 4,000 artists. Photo Basel and the Liste Art Fair Basel are hosted on the same weekend. Clara Tuma for BIBefore arriving in Basel, the art fair felt vaguely familiarI can't pinpoint the first time I heard about Art Basel. Growing up in Florida, I'm sure I heard murmurs about Art Basel Miami, one of the four locations where Art Basel fairs are held each year.
Persons: , Paloma Varga Weisz, Gordon Parks, Pat Steir, Clara Tuma, could've, I'm, David Zwirner, Joan, Serena Williams, Julio Le Parc, Ryan Gander, Keith Haring, Francisco Sierra's, Alfredo Jaar's, Seba Calfuqueo, gallerists, crosse, Beyeler, Agnes Denes, Basel's, Mandy El, Eric Hattan, Eric Hattan's Organizations: Art Basel, Service, Art, BI, Liste Art Fair, Basel, Art Basel Miami, FDR, New, Botanical, tote Locations: Basel, Switzerland, Art Basel, Swiss, Art, Florida
Real estate companies around the world are eyeing one area right now: data centers, according to Citi. Citi noted the push toward data centers is being driven by major themes such as artificial intelligence and nearshoring. More industrial companies are looking to convert warehouses into data centers, Citi noted. Stocks to benefit The bank named three "direct beneficiaries" of rising data center demand: U.S.- listed real estate investment trust Digital Realty Trust , data center firm Equinix and Australia-listed NextDC . Paul Hanna | Bloomberg | Getty ImagesReal estate companies around the world are eyeing one area right now: data centers, according to Citi.
Persons: Stocks, There's, Keppel DC REIT, Paul Hanna Organizations: Citi, Digital Realty Trust, Digital Realty, Equinix, Nvidia, Keppel DC, Industrial Trust, Inc, Talavera de la Reina, Bloomberg, Getty Locations: datacenters, Equinix, Australia, Singapore, India, Talavera de, Spain
Gecko Capital's Maunakea Emerging Markets Debt Recovery Fund has delivered an impressive 74% return over the past year, and its fund manager is particularly bullish on two South American economies looking ahead. Maunakea's two largest positions are in Venezuela and Argentina, which Durand considers among "the most attractive and compelling" trades he has ever placed. Elections are expected to be held on 28 July which will be a key moment for investments in the country, according to the fund manager. However, the fund manager is optimistic that Argentina will reverse its economic woes. The next trade Durand said he is eyeing Bolivia, once a market darling that has recently experienced significant problems, for opportunities as its bonds start to trade at discounted levels.
Persons: Jean, Jacques Durand, Durand, " Durand, Edmond de Rothschild, They've, Fitch Organizations: U.S, Edmond, EU, CCC Locations: Venezuela, Argentina, U.S, Venezuelan, Durand, Bolivia
On Nov. 4, 2022, just after the current far-right Israeli government coalition won election, I wrote a column with this headline: “The Israel We Knew Is Gone.” It was meant to be a warning flare about just how radical this coalition is. I believe events have proved them wrong — and the situation is now even worse: The Israel we knew is gone, and today’s Israel is in existential danger. Israel is up against a regional superpower, Iran, that has managed to put Israel into a vice grip, using its allies and proxies: Hamas, Hezbollah, the Houthis and Shiite militias in Iraq. Right now, Israel has no military or diplomatic answer. But Israel is led by a prime minister, Benjamin Netanyahu, who has to stay in power to avoid potentially being sent to prison on corruption charges.
Persons: Benjamin Netanyahu, Organizations: West Bank, Palestinian Authority Locations: Israel, Iran, Iraq, Gaza, Lebanon, Oslo, Jordan
North Korea launched its first spy satellite, the Malligyong-1, in November. The arrangement may also enable North Korea to gain real-world intel on the functioning of its weaponry and help it ramp up exports more broadly. Such satellites can help North Korea improve its ground-based military capabilities, for example enabling it to more accurately target opponents’ forces with its own missiles. Both countries in recent years have blocked movement in the council related to North Korea as they grew skeptical of US-backed sanctions. He pointed to his experiences during the former US President Barack Obama administration working on nonproliferation efforts related to North Korea and Iran.
Persons: Vladimir Putin, Putin ramped, Kim Jong, Putin, , Edward Howell, Xi Jinping, Kim, ” Putin, “ Kim Jong, he’ll, Ankit, Sofiia Gatilova, Putin –, “ Putin, , John Erath, Erath, Xi, it’s, Michael McFaul, Barack Obama, ” McFaul, … we’re Organizations: Hong Kong CNN, University of Oxford, KCNA, intel, South, United Nations, North, Carnegie Endowment, International Peace, Kremlin, UN Security Council, Center for Arms Control, Observers, UN, National Security, Center for Strategic, International Studies Locations: Hong Kong, North Korea, Ukraine, Russia, Pyongyang, Moscow, Eurasia, United Kingdom, United States, Italy, South Korea, Japan, Seoul, Washington, North Korean, Korea, Russian, Kharkiv, Kyiv, China, Iran
Nvidia on Tuesday claimed the top spt as the world's most valuable company. Shares of the chip maker rose 4%, helping it edge past Microsoft's market cap. AdvertisementNvidia stock rose 4% on Tuesday, helping push its market capitalization past that of Microsoft to claim the title of the world's most valuable company. The chip maker on Tuesday boasted a market value of $3.338 trillion, edging out Microsoft's $3.326 trillion market cap by just $12 billion. Nvidia stock hit an intraday-high of $136.25 Tuesday afternoon.
Persons: , ChatGPT Organizations: Nvidia, Tuesday, Service, Microsoft, Apple, AMD
The House Ethics Committee said Tuesday it has identified "additional allegations" against Rep. Matt Gaetz "that merit review," as it continues to investigate the Florida Republican over claims of what it called "sexual misconduct and illicit drug use." The Ethics Committee said it is now eyeing claims that Gaetz — who denies wrongdoing — "dispensed special privileges and favors to individuals with whom he had a personal relationship, and sought to obstruct government investigations of his conduct." The ethics panel also said it had difficulty in obtaining relevant information from Gaetz and others since the probe began in April 2021 amid a federal criminal sex trafficking investigation of Gaetz and a friend, Joel Greenberg. "During the course of its investigation, the Committee has also identified additional allegations that merit review," despite the difficulty of getting information from Gaetz, the Ethics Committee said. Gaetz's fate and the outcome of the ethics probe carry more weight now that Republicans have only a paper-thin majority in the House of Representatives.
Persons: Matt Gaetz, Kevin McCarthy, McCarthy's, Gaetz —, Joel Greenberg, Greenberg, Gaetz, McCarthy Organizations: Rep, U.S, Capitol, Florida Republican, Gaetz, Florida congressman, California Republican, Republicans, Representatives, GOP Locations: Washington, Florida, Gaetz, California
Weak retail sales data on Tuesday sent bond yields lowersMonth-to-month sales rose 0.1%, below estimates. Stocks rose as investors assessed the data's impact on rate cut forecasts. AdvertisementUS stocks edged up on Tuesday after retail sales data for May came in weaker than expected, sending Treasury yields lower. US consumers appeared to cut back last month, with month-over-month sales rising 0.1% in May, below estimates. AdvertisementHere's where US indexes stood shortly after the 9:30 a.m. opening bell on Tuesday:Here's what else happened today:AdvertisementIn commodities, bonds, and crypto:
Persons: Stocks, , Quincy Krosby, Powell Organizations: Service, Nasdaq, Federal, LPL, Fed, Here's
NIL has created career paths for college athletes and brand-deal managers. NIL has also created career paths for college athletes, some of whom are building businesses as influencers and content creators or getting jobs in social media and marketing rather than going pro. It's important for schools that want to be involved in NIL deals to engage in sports marketing and sourcing deals for athletes, he added. Connor Printz, a former Division III basketball player at Claremont McKenna College, has landed over 100 NIL deals. It's not just student-athletes who are benefitingNIL isn't creating more career opportunities only for college athletes.
Persons: , Caitlin Clark, Clark, Bronny James, Olivia Dunne —, Garrett Yaralian, influencers Dunne, she's, Dunne, Yaralian, TikTok, Sam Hurley, Hurley, Connor Printz, Chase Griffin, Griffin, It's, Drew Glover Organizations: Service, WNBA, Nike, Wall Street, NCAA Division, State, NCAA, , University of Southern California, Louisiana State University, WME Sports, Brands, University of Texas, Fund, Division III, Claremont McKenna College, University of California, Sports, Texas, OneTeam Partners, University of Georgia Athletic Association, . Venture, Fiat Ventures Locations: Instagram, Austin, Los Angeles
Executives and investors at the Money20/20 event in Amsterdam last week told CNBC that valuations have corrected from unsustainable highs from the industry's heyday in 2020 and 2021. Iana Dimitrova, CEO of embedded finance startup OpenPayd, told CNBC in an interview at the firm's booth that the market has "recalibrated." "Value is now ascribed to businesses that manage to prove there is a solid use case, solid business model," Dimitrova told CNBC. In 2021, global fintech funding reached an all-time peak of $238.9 billion, according to KPMG. Nanu added that the trend mimics the "craziness" fintech saw in terms of frothy valuations in 2020 and 2021.
Persons: Long, Dimitrova, Horacio Villalobos, Revolut, Prajit Nanu, fintech, Nanu, OpenPayd's Dimitrova, OpenPayd, Crypto, Andrea Pirlo, Fintech execs, they're, James Black, IVP, We've, Black, Charles McManus, Chris Ratcliffe Organizations: Bloomberg, Getty, AMSTERDAM, CNBC, RAI, KPMG, Companies, U.S ., ClearBank, Global Summit Locations: Amsterdam, Lisbon, Portugal, fintech, Italian, stablecoins
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