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☆ The Cowboys are worth $11 billion. Here's how Dallas went from losing $1 million a month to topping the NFL in value
▼ + stars: | 2024-09-05 | by ( Michael Ozanian | ) www.cnbc.com time to read: +5 min

watch nowWhen Jerry Jones plunked down $150 million to buy the Dallas Cowboys in 1989, the team was losing $1 million a month, according to Jones. The Cowboys are the most profitable in the NFL, posting EBITDA of $550 million last season, $300 million more than the New England Patriots, the second-most profitable NFL team, according to CNBC's list. In 1995, Jones signed a 10-year, $40 million deal with Pepsi-Cola and made a $2.5 million a year, 10-year deal with Nike. The value of the Cowboys' sponsorship deals has ballooned over the years. But there is no doubt he created the economic blueprint for an NFL team.

Persons: Jerry Jones plunked, Jones, DaRon Bland, Ron Jenkins, Tom Landry, Jimmy Johnson, Herschel Walker, Emmitt Smith, Darren Woodson, Barry Switzer, Jason Robins, Ryan Kang, Mike Tyson Organizations: Dallas Cowboys, Texas, Cowboys, National Football League, Los Angeles Rams, NFL, New England Patriots, Washington, T, Arkansas, CNBC, American Express, Pepsi, —, Visa, Cola, Nike, NFL Properties, The Cowboys, Molson Coors, The Dallas Cowboys, Seattle Seahawks, AT, Super, Big, Professional Bull Riders, & $ Locations: Arlington , Texas, Texas, Arlington

☆ Why Malbon Golf welcomed the ‘sweatergate’ social media firestorm
▼ + stars: | 2024-08-30 | by ( Jack Bantock | ) edition.cnn.com time to read: +15 min

The couple’s lifestyle brand, Malbon Golf, had been swept into a social media storm by an eye-catching Masters outfit donned by ambassador and former world No. Nicolas Malinauskas/Malbon GolfStarsThe duo launched Malbon Golf in 2017, with Stephen’s anthropomorphic ball character “Buckets” taking center stage as the brand’s logo. Ross Kinnaird / Getty Images Tom Holland: Part-time web-slinger, full-time golf swinger -- the "Spider-Man" lead is a self-confessed golf addict. Warren Little / Getty Images Stephen Curry: The three-point king of the NBA is also a highly-proficient par-three shooter. Jamie Squire/Getty ImagesFor Malbon Golf, it is simply the latest step in its aim to “condition” the golf world into accepting new styles in the game.

Persons: Stephen, Erica Malbon, Jason Day, Erica, Frank151, —, ’ ”, “, ’ ” Stephen, Nicolas Malinauskas, it’s, ” Erica, “ We’re, — there’s, ” Stephen, ”, Jimmy Choo, Dre, Vince Sirico, Justin Timberlake, Travis Scott, Q, Justin Bieber, Bieber, …, ’, That’s, ” Adam Sandler, Sandler, Gilmore, Shooter McGavin, Christopher McDonald, Al Messerschmidt, Michael Jordan, Davis, Jordan, Isaac Brekken, JT strutting, Matt Sullivan, Catherine Zeta, Jones, Michael Douglas, Douglas, Ross Kinnaird, Tom Brady, Brady, Aaron Rodgers, Josh Allen, Patrick Mahomes, Carmen Mandato, Orlando Ramirez, Jessica Alba, tross, Xaume Olleros, Niall Horan, There's, Tom Holland, Warren Little, Stephen Curry, Isaiah Vazquez, Celine Dion, René Angélil, Dion, Sam Levi, Miles Teller, Alice Cooper, Cooper, Kathryn Newton, Newton, Ezra Shaw, Sandy Young, Little, Tiger Woods, Oscar Wilde’s, Woods, Jamie Squire, Allen Iverson Organizations: CNN, “ City of Angels, ”, Nike, Prince, NBA, University of North Carolina, PGA, Chicago, NFL, Mission, Getty, Management, BMW PGA, Golden State Warriors, Clarkson Creative, Club, American, Tahoe, LPGA, Ryder, Celtic, Team, April’s, Augusta National Locations: Augusta , Georgia, Los Angeles, New York, “ City, Florida, British, Alba, Hainan, AFP, Irish, Terrebonne , Quebec, American, Celtic Manor, Wales, Augusta

☆ 3 Buys and a Bail: Peloton, Gap, PayPal, & Nike
▼ + stars: | 2024-08-23 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email3 Buys and a Bail: Peloton, Gap, PayPal, & NikeDanielle Shay, VP of options at Simpler Trading, joins CNBC's 'The Exchange' to discuss her moves on four stocks: Peloton, Gap, PayPal, and Nike.

Persons: Nike Danielle Shay Organizations: PayPal, Nike

☆ 10 things to watch in the stock market Friday including big earnings movers
▼ + stars: | 2024-08-23 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Citigroup opened a negative catalyst watch on Ulta Beauty and lowered its price target to $375 in anticipation of an earnings miss next week. Club holding TJX Companies ' quarterly results topped expectations earlier this week, and it also lifted its guidance. Uber has a similar partnership with Club holding Alphabet 's Waymo in Phoenix. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jerome Powell's, Jackson, Piper Sandler, Chewy, Wynn, Locker, Mary Dillon, Uber, Wells, Jim Cramer's, Jim Cramer, Jim Organizations: Federal, Nasdaq, Dow, Citigroup, UBS, Las Vegas Sands, Wynn Resorts, Ross, TJX Companies, Burlington Stores, Nike, Piper, Cruise, Club, BJ's Wholesale, Jim Cramer's Charitable, CNBC Locations: Macau, Las Vegas, Cava, Wells Fargo, Phoenix

☆ I'm a mom of 4 and have done back-to-school shopping for over a decade. These are the 3 things I've learned.
▼ + stars: | 2024-08-20 | by ( Nicole Johnson | ) www.businessinsider.com time to read: +6 min

Read previewBack in the 80s and 90s, school shopping seemed straightforward and relatively inexpensive. As the parent of four children who's been back-to-school shopping for over a decade, I have realized the real key to surviving this time of year is being creative. With two in middle school and two in college, back-to-school shopping costs me almost as much as (if not more than) our family's most expensive holiday, Christmas. If nothing works out from last year's clothing, many secondhand stores will buy the kid's clothes that no longer fit. If they choose to spend more on school supplies, it will impact the amount they are allowed to spend on clothes.

Persons: —, I'm, who's, I've, haven't Organizations: Service, Business, Local, Facebook, Nike

☆ Stocks making the biggest moves midday: Walmart, Nike, Dell, Tapestry and more
▼ + stars: | 2024-08-15 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +4 min

The firm owned more than 3 million shares of Nike at the end of June, a stake worth roughly $229 million, the filing disclosed. Dell — Shares climbed 7.1% after JPMorgan added Dell to its focus list, noting the potential for upside after a recent pullback. Tapestry adjusted earnings per share of 92 cents, versus analysts' estimates of 99 cents per share, per LSEG. Berkshire holds 132.9 million shares of Sirius XM versus 36.7 million previously. Earnings per share fell to $4.59 in the fiscal second quarter from $7.98 per share a year ago.

Persons: Bill Ackman's, Warren Buffett, Berkshire Hathaway, Ted Weschler, Todd Combs, Alibaba, FactSet, Robinhood, Yun Li, Samantha Subin, Michelle Fox, Pia Singh, Alex Harring, Sean Conlon, Jesse Pound Organizations: Walmart, Nike, Bill Ackman's Pershing, Capital Management, Berkshire, Dell, JPMorgan, Citi, Cisco Systems, Cisco, Deere, Bros, UBS, Deutsche Bank, Lumentum Holdings, Sirius XM Holdings, Sirius XM, Management

☆ Move over dealmakers: Portfolio-company operators are the rising stars of private equity
▼ + stars: | 2024-08-14 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +11 min

Read previewDealmakers have always been the stars of private equity. AdvertisementKevin Desai, partner and private equity sector leader at PwC PWCBut in the current climate, portfolio-operations professionals are gaining esteem. AdvertisementPrivate equity 3.0Rising interest rates nearly two and a half years ago ushered in a new economic reality that hit private equity firms right in the pocket. Since private equity relies on debt to boost returns, the first option is off the table. These people are taking their talents to private equity firms to manage smaller companies using an already proven playbook for technological transformation.

Persons: —, you've, Marc Rowan, Rowan, Kevin Desai, Desai, I've, What's, they're, quants, we've Organizations: Service, Business, PricewaterhouseCoopers, University of Chicago, Walmart, Nike, Harvard Business Locations: dealmaking

☆ The Paris Olympics wanted a fast track and it got one – this is how it was made
▼ + stars: | 2024-08-12 | by ( Liam Tharme | ) www.nytimes.com time to read: +13 min

There were two requirements for the Stade de France track for the 2024 Paris Olympics: make it purple and make it fast. But Paris was fast: seven Olympic records and three track and field world records were set at the Games. Thirteen men ran under Kenenisa Bekele’s 10,000m Olympic record (Michael Steele/Getty Images)Four men broke Jakob Ingebrigtsen’s 1500m Olympic record from Tokyo, including Ingebrigtsen, only for him to not medal. Washing the Olympic track in Tokyo in 2021 (Antonin Thullier/AFP via Getty Images)One myth Stroppiana is keen to bust is track hardness. And since then we haven’t been able to change that point of view.”How hard is the Paris track?

Persons: Joshua Cheptegei 10000m, Cole, Arshad Nadeem Javelin, Sydney McLaughlin, Marileidy Paulino, Uganda’s Joshua Cheptegei, Michael Steele, Jakob Ingebrigtsen’s, Noah Lyles ’, Richard Heathcote, Maurizio Stroppiana, Mondo, ”, Stroppiana, Antonin Thullier, “, haven’t, Patrick Smith, ’, Denis, Pakistan’s Arshad Nadeem, Nathan Laine Organizations: Stade de France, Joshua Cheptegei 10000m Uganda, Bahrain, Dominican, Kenya, Kipyegon, Getty, Mexico City, Paris, Getty Images, University of Milan, Olympic, Stade, Adidas, Nike, Asics, Puma, Bloomberg Locations: Rio de Janeiro, Paris, London, Rio, Tokyo, Sweden, Seville, Italian, Moscow, Mexico, Barcelona, Mexico City, AFP, Atlanta, Los Angeles, USA, Brisbane, Australia, Before Tokyo

☆ Steph Curry lifts USA basketball past France to fifth straight Olympic gold: How America’s Avengers delivered
▼ + stars: | 2024-08-10 | by ( Joe Vardon | ) www.nytimes.com time to read: +7 min

The 🇺🇸 #USABMNT wins a 5th consecutive Olympic gold medal! pic.twitter.com/nYx0SBh0Ui — USA Basketball (@usabasketball) August 10, 2024Kevin Durant, already the U.S. all-time leading scorer, is now the only men’s player ever to win four Olympic golds in basketball. Devin Booker, now a two-time gold medalist, scored 13 of his 15 points for the U.S. in the first half. Anthony Davis, also a two-time Olympic gold winner, added eight points and nine rebounds. Team USA listens to the National Anthem after receiving their gold medals.

Persons: James Brown’s, America ”, S., bea, rui, Kerr, Tatum, fini, James was a, avis to en, l, Ker, Greg Organizations: PARIS, Bercy, NBA, France, United States, USA, eni Locations: America, U.S, Los Angeles, Paris, USA

☆ How supershoes are redefining the Olympic marathon
▼ + stars: | 2024-08-09 | by ( Susan Baek | News Associate | ) www.nbcnews.com time to read: +6 min

Previously, running shoes were “flats” designed with a less-is-more approach. Carbon-plated supershoes from various brands are now worn by your average runners chasing personal records at major marathons around the world. Since the Vaporfly’s debut in 2016, runners have shattered world records, including achieving a sub-two-hour marathon. Japanese marathon runner Yusuke Ogura wears Nike Zoom Vaporfly running shoes in Marugame City in 2020. But while supershoes have transformed the landscape of professional running, the sport requires much more than a sturdy pair of running shoes.

Persons: ”, Elliott Heath, Heath, Fiona O’Keeffe, James Gilbert, ” O’Keeffe, “, LZR, Yusuke Ogura, Kota, Vaporflys, ” Heath, Tigst Assefa Organizations: Nike, Paris Olympics, Team USA, Puma, U.S, NASA, Kota Kawasaki, The New York Times, Athletics, Tokyo, Marathon, Adidas, Olympics, World Athletics Locations: Rio, Paris, Orlando, Fla, Marugame City, Vienna, Tokyo

☆ Under Armour shares surge 20% after posting 'better than feared' quarterly sales
▼ + stars: | 2024-08-08 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +6 min

Under Armour apparel is displayed at a Dick's Sporting Goods store on May 16, 2024 in Petaluma, California. Under Armour on Thursday said sales are falling across its business, but the athletic apparel retailer posted better fiscal first-quarter results than feared, sending its stock surging in early trading. Under Armour previously expected full-year earnings of 2 cents to 5 cents per share, and adjusted earnings between 18 cents and 21 cents per share. The athletic apparel company is in the midst of a broad restructuring plan as it fights to regain relevance, reverse a sales slump and boost profits. Apparel revenue fell 8%, footwear sales dropped 15% and accessories revenue slid 5%.

Persons: Armour, It's, Stephanie Linnartz, Kevin Plank, Plank, Eric Liedtke, Eric, …, William Blair, Armour's Organizations: Sporting Goods, LSEG, Marriott, Armour's, Apparel, Adidas, UA Locations: Petaluma , California, North America

☆ In Photos: The best fashion, looks and trends from the 2024 Paris Olympics so far
▼ + stars: | 2024-08-05 | by ( Leah Dolan | ) edition.cnn.com time to read: +6 min

Even the Olympic athletes are letting their personalities shine through via arty manicures or spray-painted hair. Christophe Petit Tesson/Pool/EPA/ShutterstockBritish Prime Minister Keir Starmer wore a Team GB rain jacket to the opening ceremony of the Olympic Games Paris 2024. Matthew Stockman/Getty ImagesLady Gaga wore custom-made Dior during her cabaret-inspired performance at the opening ceremony. John Walton/PAUS track and field athlete Sha'Carri Richardson dazzled the camera with her custom manicure during the opening ceremony. Jamie Squire/Getty ImagesModel Kendall Jenner seen wearing Team USA merchandise and high-waisted jeans on August 1.

Persons: Anna Wintour, Ariana Grande, Thom Browne, Zendaya, Law Roach, Jean, Charles de Castelbajac, it’s, Keir Starmer, —, Celine Dion, Serena Williams, Louis Vuitton, Fondation Louis Vuitton, Anthony Behar, Cynthia Erivo, Vuitton, Browne, Christophe Petit Tesson, Karwai Tang, Thelma Davies, Emmanuel Matadi, Lars Baron, Getty, Chrissy Teigen, John Legend, Matthew Stockman, Lady Gaga, Dior, John Walton, Sha'Carri Richardson, Ashley Landis, Dr, Jill Biden, Ralph Lauren, Karen Bass, Jamie Squire, Shirine Boukli, Buda Mendes, Sauer, Charles McQuillan, Snoop Dogg, Charlie Riedel, Jessica Chastain, Yuto Horigome, Sara Balzer, Mustafa Ciftci, Nicole Kidman, Natalie Portman, Simone Biles, Pete Dovgan, ” Biles, “, I’m Simone Biles, Kendall Jenner, Sharon Stone, Spain's Carlos Alcaraz, Serbia's Novak Djokovic, Arturo Holmes, Jordan Chiles, Alvaro Diaz, Latifah, Sameer Al, Princess Anne, Pascal Le Segretain, Noah Lyles, Christian Petersen, Kirill Kudryavtsev Organizations: CNN, Olympic Games, Vogue, arty, Starmer’s, Fondation Louis, British, Team Liberia, Getty, USA, South Korean Olympic, NBC, Apple, Nike, Kyodo, Anadolu Agency, Speed, Team USA, Europa Press, Team Locations: Paris, New York, Chloé, AFP, Los Angeles, Spring , Texas, Serbia, USA

☆ Dress Codes: How high is too high? The evolution of the women’s running brief
▼ + stars: | 2024-08-03 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +7 min

CNN —When women first competed in Olympic track and field events in 1928, they wore loose t-shirts and wide shorts, sometimes cinched with a belt. Nike's design for the US women's team outfit, right, is seen in an image posted to X by @CitiusMag. The controversy follows a headline-making protest at the 2020 Tokyo Games, when the German women’s gymnastics team rejected bikini-cut unitards in favor of fuller coverage, in a statement against “sexualization in gymnastics,” the German Gymnastics Federation said at the time. Function and styleOn the Olympic track, there aren’t many regulations when it comes to what athletes can wear. But more fabric hasn’t caught on since then for women track athletes; instead, the reverse has trended.

Persons: Lauren Fleshman, ”, Tara Davis, Woodhall, Katie Moon, Sha’Carri Richardson, Judy Simpson, Jackie Joyner, David Cannon, “, Gadget, Abebe Bikila, hemlines, Dobriana Gheneva, ” Gheneva, That’s, Florence Griffith Joyner, Richardson, Vogue, Florence Griffith, Joyner, Tony Duffy, Sha'Carri Richardson, Griffith Joyner, Tim Clayton, Corbis, Griffith Joyner’s, Serena Williams, Cathy Freeman, Flo, Gheneva, baring Organizations: CNN, Nike, Games, US, @CitiusMag, Paris, USA, Field, USATF, Angeles Olympics, German Gymnastics Federation, World Athletics, Ethiopian, Gamma, Getty, Fashion Institute of Technology, Reebok, “, ” Locations: German, Keystone, France, New York

With nearly three-fourths of the S & P 500 reporting second-quarter results, the earnings picture for the back half of the year is looking unusually complicated. It's been a 'meh' quarter so far We have the usual beat on bottom-line earnings, but revenue beats are below expectations. Most companies are beating on earnings estimates but are declining to hike full-year guidance beyond the beat. Plenty of complaints about a slowing China consumer A weak China economy has been a significant headwind for a number of global companies this season. Procter & Gamble's China sales tumbled 8% from a year ago as consumer spending slowed.

Persons: It's, Sherwin, Williams, Lockheed Martin, Chipotle, Isaac, CDW, Clorox, – Hershey, Kraft Heinz, Mondelez, General Mills, Smucker, McDonald's, Wendy's, Bob, Wyndham, Mills, Marriott, LVMH, haven't Organizations: GE Aerospace, Hasbro, Lockheed, Verizon, Mattel, IBM, Juniper Networks, Enphase Energy, NXP Semiconductors, Accenture, Oracle, Procter, Gamble, PepsiCo, ConAgra Brands, Bank of America, MGM Resorts, Comcast, Marriott, Airlines, Allegiant, Ryanair, Gamble's, Starbucks, Visa, Nike, Vegas Sands Locations: J.M, Atlantic City, China, Gamble's China, Greater China, Japan, Macao, Marina, Sands, Singapore

CEO Tom Kingsbury estimated in late May that those expanded categories, including Babies R Us, are “a $2 billion-plus sales opportunity” in the coming years. On a store tour in New Jersey on Wednesday, Chief Merchandising Officer Nick Jones showed off the first Babies R Us shop. Kohl’s will put Babies R Us shops next to its existing baby apparel. Courtesy KohlsOver the past few weeks, online shoppers have also seen Babies R Us on Kohl’s website. As it relaunches Babies R Us, Kohl’s will test whether the brand has remained relevant or grown stale.

Persons: hasn’t, Tom Kingsbury, Nick Jones, Hatch, Frida, Graco, Baby Bjorn, Kohl’s, Jones, That’s, Dana Telsey, “ There’s, ”, Stephen Hinz, “, They’re, ” Hinz, Macy’s, Zola, Babylist, Kingsbury, Isaac Mizrahi, Natalie Gordon, WHP, Christie Raymond, Geoffrey, influencers Organizations: U.S, U.S . National Center for Health Statistics, Nike, Telsey Advisory, U.S . Census, Walmart, CNBC, WHP Global, WHP, WHP Holdings, Macy’s Locations: N.J, Wisconsin, New Jersey, U.S, Bath, New York City, Instagram

☆ Kohl's bets on Babies R Us as it tries to attract younger families, higher sales
▼ + stars: | 2024-08-01 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +6 min

Kohl's plans to have 200 Babies R Us shops in its stores by the end of September. CEO Tom Kingsbury estimated in late May that those expanded categories, including Babies R Us, are "a $2 billion-plus sales opportunity" in the coming years. On a store tour in New Jersey on Wednesday, Chief Merchandising Officer Nick Jones showed off the first Babies R Us shop. Over the past few weeks, online shoppers have also seen Babies R Us on Kohl's website. Jones said Kohl's will decide whether to open Babies R Us in more stores after learning from the first 200 shops.

Persons: hasn't, Tom Kingsbury, Nick Jones, Hatch, Frida, Graco, Baby Bjorn, Kohl's, Jones, That's, Dana Telsey, There's, Stephen Hinz, They're, Hinz, Macy's, Zola, Babylist, Kingsbury Organizations: U.S, U.S . National Center for Health Statistics, Nike, Telsey Advisory, U.S . Census, Walmart, CNBC Locations: N.J, Wisconsin, New Jersey, U.S, Bath

☆ Sha’Carri Richardson, chasing an Olympic legacy, has already made one back home
▼ + stars: | 2024-07-31 | by ( Marcus Thompson Ii | ) www.nytimes.com time to read: +13 min

On this same track, at this same school, in this same heat, Sha’Carri Richardson put in the same work. “And it’s Sha’Carri Richardson. Students practice at Carter High’s John E. Kincaide Stadium in Dallas, Texas, where Sha’Carri Richardson once plied her trade. They all know the name Sha’Carri Richardson. It’s community.”GO DEEPER Sha'Carri Richardson, with emphatic win at trials, closing in on Olympic glory(Top illustration: Dan Goldfarb / The Athletic; photo: Hannah Peters / Getty Images)

Persons: DALLAS —, David W, Willis Carrier, Kennedy Jackson, Miles, she’s, “ I’m, ”, Marcus Stokes, she’ll, “, they’re, Sha’Carri Richardson, Robert DeHorney, …, Richardson, Michael Johnson, Oak, ” Johnson, ” Sha’Carri Richardson, She’ll, Patrick Smith, Johnson, bloomer, Roy Martin, Roosevelt, Marlon Cannon, Derrick Cunningham, Cannon, Cunningham, Henry Neal, Dallas, Vance Johnson, Aliyah Johnson, —, they’ve, ” Richardson, Bowerman, Carter High’s John E, Aric Becker, Leon Hayes, Carter, Marion Jones, DeHorney, Cliff, Betty Harp, You’ve, ” Michael Johnson, Indya, ” DeHorney, “ She’s, Nasya Williams, Royaltee Brown, Christine Mallard, Kennedy, It’s Sha’Carri Richardson, Christian Petersen, She’s, ” Krystan, Bright, couldn’t, Blaze, ” Bright, Sha'Carri Richardson, Dan Goldfarb, Hannah Peters Organizations: David, Carter High School, Cedar, Hillcrest High School, Dallas, Texas, Hayward Field, U.S, Skyline High, Baylor, NCAA, Greenville High, Atlanta Games, Texas Relays, University of Texas, Indiana University, UT, LSU, Kincaide, Getty, Dallas Independent Schools, Leon Hayes Relay, Richardson, TCU, USC Locations: Jolly, Texas, loitered, Los Angeles, Paris, Dallas, North Dallas, North Texas, Eugene ,, Oak Cliff, South Oak, Carter, Cuban, Dallas , Texas, Memphis, overcomers, Cedar Hill, Sha'Carri

☆ Cramer says exposure to China is hurting some stocks right now
▼ + stars: | 2024-07-30 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Tuesday suggested that the market is being brought down by some companies with business in China. "If you own stock in a company that expanded heavily into China, it's being killed right now," he said. But he said companies that rely on China for growth are having a particularly tough time on the market. He listed several companies whose business in China is lagging, including Procter & Gamble , Estee Lauder , Nike and Starbucks . According to Cramer, a reason smaller cap stocks are doing well is because, for the most part, they don't do a lot of business with China.

Persons: CNBC's Jim Cramer, it's, That's, Cramer, doesn't, Estee Lauder Organizations: Procter & Gamble, Nike, Starbucks, U.S Locations: China

☆ Rayssa Leal takes bronze in street skateboarding as 14-year-old Coco Yoshizawa wins gold
▼ + stars: | 2024-07-28 | by ( George Ramsay | ) edition.cnn.com time to read: +5 min

When Brazilian superstar Rayssa Leal stuck her all-important final trick of the women’s street skateboarding final at the Paris Olympics, a deafening roar went up from the many green-and-gold-clad fans watching on. “It was like a gold medal because … she had to make it,” Brazilian fan Michelle Arruda, who bought tickets for the women’s street skateboarding to watch Leal a year ago, told CNN Sport. “And here I am, with a second Olympic medal from the Games. “You are awesome.”Leal rests during the women's street skateboarding prelims. Heavy rain on Friday had caused the men’s street skateboarding to be postponed by two days, but the women’s event was blessed with bright sun.

Persons: Rayssa Leal, Leal –, –, Coco Yoshizawa, Liz Akama, Yoshizawa, China’s Cui Chenxi, …, Michelle Arruda, Leal, Kirill Kudryavtsev, Tony Hawk, ” Leal, God I, — Vini, Vinícius, ”, Odd Andersen, Akama, “, Desire ” – Organizations: Paris CNN, Paris Olympics, Brazil’s, CNN Sport, Getty, Nike, Monster Energy, Paris, Concorde, Games, Real Madrid soccer, Sport, Eiffel, ” Locations: Brazil, Paris, Tokyo, Leal, AFP, l’Orangerie, Akama

☆ The French Swimmer Who Is Carrying His Country on His Back
▼ + stars: | 2024-07-27 | by ( Jenny Vrentas | ) www.nytimes.com time to read: +1 min

The French swimmer Léon Marchand understood that he would be his country’s marquee athlete at the Paris Games, and he surely is. Marchand, 22, has ascended to the top of the swimming world just in time for his home country to host the Games, and as one of France’s best — and earliest — hopes for Olympic gold. Carrying the weight of a nation’s hopes can be an uncommonly heavy burden for any athlete, and Marchand will not bear it alone, of course. Victor Wembanyama, the 7-foot-4 sensation who just completed his rookie season with the N.B.A.’s San Antonio Spurs, will lead France’s men’s basketball team. Teddy Riner, one of the best judokas in history, will look to claim a medal at a sixth straight Games.

Persons: Léon Marchand, didn’t, Nike Jordans, ”, Marchand, Victor Wembanyama, Teddy Riner, Thierry Henry Organizations: Paris Games, Games, Arizona State, University of Arizona, Nike, San Antonio Spurs, France’s Locations: selfies, Arizona, France

☆ The IOC says the Olympic Games has reached gender parity, but historic gender inequality still lingers
▼ + stars: | 2024-07-26 | by ( Issy Ronald | ) edition.cnn.com time to read: +14 min

Katrina Adams was honored as the IOC’s Gender Equality, Diversity and Inclusion Champion for 2023. ‘Only just now getting here’Getting closer to this landmark of gender equality is “incredibly important,” Olympic weightlifter Jourdan Delacruz told CNN. “Just seeing all the love pour into women’s sport, it just opens up all these avenues. “If you don’t have female decision makers in the room that understand female athletes, it’s very hard to make decisions,” she said. And we know that without conscious, intentional action, to move towards gender equality, we consistently see regression.”

Persons: Alice Milliat, Pierre de Coubertin, ” Michele Donnelly, “, it’s, Emily Sonnett, Jordan Larson, Caitlin Clark, Simone Biles, Nelly Korda, Katrina Adams, Paul Zimmer, ”, ‘, Jourdan Delacruz, ” Nicole LaVoi, “ There’s, Morelle McCane, Adams, Adriana Díaz, Brian Afanador, Hannah McKay, Clarisse Agbegnenou, Astrid Guyart, Hillary Heron, Yareimi Vazquez, Aitana Vazquez, Maja Hitij, … you’re, …, Mechelle Lewis Freeman –, –, Freeman, Jill Biden, Mechelle Lewis Freeman, George Walker IV, Vicky Huyton, “ We’ve, ” Huyton, Tara Davis, Woodall, Lauren Fleshman, Nike, Davis, Sounkamba Sylla, Amélie, Castéra, CNN’s Christiane Amanpour, ” Donnelly, we’ve Organizations: CNN, International Olympic Committee, Olympic Games, IOC, Brock University, CNN Sport, sport’s, United States Tennis Association, ITF, Olympics, Central Press, Hulton, Paris, Tucker Center for Research, Girls, Team Puerto Rico, Olympic Broadcasting Services, Tokyo, French Olympic, Athletes, Paris Olympic, don’t, Nike Locations: Paris, USA, Czechoslovakian, Sport, Tokyo, French, Panamanian, American

☆ Jordan Chiles is competing in her second Olympics in Paris. Meet the gymnast who already counts Beyoncé and Michael Jordan as fans.
▼ + stars: | 2024-07-24 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +5 min

Jordan Chiles has been a gymnast since the age of six. The 5'5 athlete grew up in Vancouver, WA, and was named after Michael Jordan, according to her profile on Team USA's website. Chiles told The Times that she considered quitting in 2017 after having a difficult experience with her former coaches. Jordan Chiles and Simone Biles train together and have been friends for years. "Hey Jordan, this is Michael Jordan.

Persons: —, Jordan Chiles, Simone Biles, Chiles, Elsa, Michael Jordan, Suni Lee, Hezly Rivera, Jade Carey, Timothy, Gina Chiles, she'd, Biles, Carter, Beyoncé, Hey Jordan, Here's, Hope Organizations: Service, Paris Olympics, USA, Business, US, USA's, The New York Times, Times, The Times, UCLA, NBC, Nike, Beyoncé's Locations: Paris, Washington, Vancouver , WA, Texas, Tokyo

☆ Why we like this wait-and-see market — plus, our latest thinking on 3 portfolio names
▼ + stars: | 2024-07-23 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. One could say Wall Street is in wait-and-see mode ahead of earnings from the megacap tech stocks that start after the bell with Club holding Alphabet . 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, Dover, Baird, China –, Estee Lauder, Ike Perlmutter, Nelson Peltz, We're, Perlmutter, he's, Peltz, Jim Cramer's, Jim Organizations: CNBC, Marshall Excelsior Company, Clean Energy, Marshall Excelsior, Nike, Burberry, Richemont, Swatch, Disney, Street, Enphase, Texas Instruments, Chubb, Seagate, Vertiv, GE Vernova, Boston Scientific, Jim Cramer's Charitable Locations: Michigan, Dover, China, Europe, U.S, Japan, Asia, Enphase Energy

☆ Olympians Are Getting Loads and Loads of Gear
▼ + stars: | 2024-07-22 | by ( Sadiba Hasan | ) www.nytimes.com time to read: 1 min

In three separate TikTok posts, Evy Leibfarth, a canoeist competing in the 2024 Paris Olympics for Team U.S.A., unboxed several duffel bags and suitcases she had received from brand sponsors. First was a huge rolling duffel bag from Nike, which included a podium uniform and an assortment of sweatpants, slides, sneakers, backpacks and other apparel. Then there was a suitcase from Ralph Lauren, the official outfitter of Team U.S.A. for the Olympic and Paralympic Games, containing water bottles, Polo T-shirts, preppy dresses, quarter zips, crew neck sweatshirts, jackets and hats. And finally, a duffle bag from Skims, replete with form-fitting tank tops, bodysuits, T-shirts, bathing suits and a bathrobe.

Persons: Evy, Ralph Lauren Organizations: Team U.S.A, Nike, Olympic, Paralympic Games

☆ I thought Estee Lauder's CEO could handle China downturn, he can't, says Jim Cramer
▼ + stars: | 2024-07-22 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

I thought Estee Lauder's CEO could handle China downturn, he can't, says Jim Cramer'Mad Money' host Jim Cramer looks at the similarities between Nike, Starbucks and Estee Lauder.

Persons: Estee, Jim Cramer, Estee Lauder Organizations: Nike, Starbucks Locations: China

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