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download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In the US, federal experts recommend filling half of your daily plate with nutrient-packed whole fruits and a colorful variety of veggies. nata_vkusidey/Getty Images"Start with beans and a grain," Buettner said. Buettner says the beautiful thing about this simple bean + grain equation is that we all probably know how to do it already. What's your favorite bean and whole grain combo and how long does it take you to make it?
Persons: , We've, Dan Buettner, who's, Buettner, pinto, Costa Rican gallo pinto, Gallo Pinto, Kevin Schafer Organizations: Service, Centers for Disease Control, Business, CDC, Institute for Integrative Nutrition, Costa Locations: America, Costa Rican, Costa Rica
Constellation Research said Nvidia stock will soar 65% to $200 per share over the next year. The research firm said it expects Nvidia stock to continue soaring for the next 18 to 24 months as it benefits from its AI dominance. These are the seven reasons Wang expects Nvidia stock to soar 65% from current levels. You're going to be locked in for quite some time and they've got quite a lead in terms of doing that." Wang isn't the only analyst on Wall Street with a $200 price target for Nvidia stock.
Persons: , Ray, Wang, Jensen Huang, It's, Larry Ellisons, scott Mcnealys, Mark Zuckerbergs, they've, Wang isn't, Rosenblatt Organizations: Constellation Research, Nvidia, Service, Constellation, CNBC, Microsoft, Intel, Cisco, Wall Locations: that's
Australia won the T20 Cricket World Cup just three years ago, while Afghanistan has never progressed past the tournament’s second round nor defeated Australia in international cricket. But on Saturday, Afghanistan kept its hopes of progressing to the semifinals alive with a historic, comprehensive win over Australia, stunning its opponents by 21 runs. Afghanistan has been steadily improving over the past 20 years, roundly defeating England in October at the ICC Cricket World Cup and another heavyweight team New Zealand in the group stage of this tournament. Afghanistan has a chance to reach the semifinals of the T20 World Cup if it can defeat Bangladesh in its final Super Eights match and India beats Australia. If Australia wins its final Super Eights match against India, it will likely qualify for the semifinals.
Persons: Rahmanullah Gurbaz, Ibrahim Zadran, Pat Cummins, Afghanistan's Rahmanullah Gurbaz, Ramon Espinosa, Travis Head, Naveen, Haq, Mitch Marsh, David Warner, Glenn Maxwell, Naib, , Gulbadin Naib, Glenn Maxwell of Australia, Gareth Copley Organizations: CNN, Australia, Cricket, AP Australia, , ICC, England, ICC Cricket, New Zealand, Bangladesh, India Locations: Afghanistan, Australia, India
CNN —The USA crashed out of the T20 Men’s Cricket World Cup on Sunday, succumbing to a 10 wicket defeat against defending champion England in Barbados that scuppered its hopes of qualifying for the semifinals and ended its historic run at the tournament. It represented a remarkable string of results for the tournament’s underdog facing some of the best teams in the world, but the USA ultimately struggled to match its opponents in the second round of the T20 World Cup. And England ultimately outclassed the USA, chasing down its total of 115 in just 9.4 overs, led by captain Jos Buttler who scored 83 runs off only 38 balls. Such a comprehensive victory guarantees England’s progression by virtue of its net run rate. With a relatively low total in their sights, England’s opening batters Phil Salt and Buttler strode out into the middle and immediately displayed their mastery of this format.
Persons: Jos Buttler, Adil Rashid, Chris Jordan, Robert Cianflone, Nitish Kumar, Andries Gous, Aaron Jones, Rashid, Corey Anderson, Jordan, Phil Salt, Buttler strode, Buttler Organizations: CNN, England, Canada, West Indies, USA Locations: Barbados, Pakistan, India, USA, Africa, England
Whether the Biden administration overlooked a less restrictive alternative could become a factor in a potential test of the law’s constitutionality. In Thursday’s filing, TikTok said the agreement was never signed despite years of negotiations and dozens of meetings and phone calls with US government officials. The Trump administration tried to ban TikTok by executive action, but that was quickly stymied by legal challenges. US officials have not publicly presented evidence that China has accessed US users’ TikTok data. On Thursday, TikTok’s filing said the company has so far spent $2 billion voluntarily implementing Project Texas.
Persons: TikTok, Biden, Joe Biden, , CFIUS, , Trump, Christopher Simkins, Simkins Organizations: CNN, US Air Force, Foreign Investment, Meta, Independent, Texas Locations: United States, TikTok, China
Read previewWhen it comes to relationships, there are more communication styles and personality differences than just "introvert" or "extrovert." From both her research and experiences talking to communities all over the world, she came up with four social styles that people generally fall under: butterfly, wallflower, firefly, and evergreen. AdvertisementFirefly, deep conversations with recharge timeFireflies burn bright before disappearing into the night, describing someone who loves deeper interactions but also craves solitude. "I love deep conversations with friends and family," she said, whether one-on-one or in small groups. For instance, she said more introverted styles like wallflowers and fireflies benefit from pushing themselves to socialize more.
Persons: , extroversion, Killam, it's, They're, wallflowers, Taylor Organizations: Service, Business
But it will remain a big, big trend. How has if at all, Brexit, affected the U.K. tech scene? Arjun KharpalAre there other challenges at the moment, as you see them to the U.K. tech landscape? I'm gonna go with the amount of VC funding in U.K. tech startups for 2025. Sanjot MalhiI would say that is the amount of funding in U.K. AI startups.
Persons: Tom Chitty, Arjun, we'll, Arjun Kharpal, I've, Sanjot, He's, It's, Tom Chitty I've, we've, it's, Arjun Kharpal Sanjot, fintech, we're, you've, let's, Tom Chitty We're, Franklin Templeton, they're, Masa, Softbank, that's, Arjun Kharpal Sanjay, Emmanuel, Macron, hasn't, who's, Emmanuel Macron, I'm, Sanjot Malhi, Arjun Kharpal That's, Kharpal, Tom Chitty Sanjot Organizations: HSBC Innovation Banking, CNBC, Northzone, Hague Cricket Club, European Union, Competition, Markets Authority, London Stock Exchange, London, Masa, Viva Tech, Mistral, Nvidia Locations: Europe, Dealroom, France, China, London, beyondthevalley@cnbc.com, Netherlands, India, The Hague, Germany, Sweden, North America, Asia, San Francisco, Beijing, Tel Aviv, Bangalore, U.S, British, doesn't, Ukraine, IPOs
The market is underestimating one corner of artificial intelligence, according to Morgan Stanley. The innovation in the sector is set to drive AI chip capabilities, said Morgan Stanley. Morgan Stanley says it sees "outsized winners" in Japan, South Korea and the European Union. Taiwan TSMC : Morgan Stanley noted the Taiwanese semiconductor firm is a major provider of CoWoS technology, a type of packaging technology. Japan Morgan Stanley says it favors Disco and Advantest the most out of all the companies in Japan that are producing equipment for advanced packaging.
Persons: Morgan Stanley, That's, Amkor, TSMC, — CNBC's Michael Bloom Organizations: Engineers, European Union, United, Semiconductor Assembly, Test Services, Apple, ACM Research, SK Hynix, SK Hynix's Locations: Japan, South Korea, United States, Arizona, Taiwan
Apple Watch SE is seen in a store in Krakow, Poland on April 20, 2024. Japanese electronic parts maker TDK on Monday said it had successfully developed a material for its solid-state batteries, making a breakthrough that it estimates could deliver significantly higher performance for wearable devices. Energy density refers to the amount of energy stored in a region of space. Solid-state batteries are viewed as a potentially game-changing technology, because they can store more energy than lithium-ion batteries and charge faster. The batteries are expected to be produced with an all-ceramic material, with oxide-based solid electrolyte and lithium alloy anodes.
Persons: TDK Organizations: Apple Locations: Krakow, Poland, Tokyo
For 20 years after getting pregnant, Cherry Jia tried everything to fade the dark patches on her face. After giving birth to her son, she had melasma, a fairly common skin discoloration caused by hormonal fluctuations during pregnancy. The treatments they sold for dark spots had no effect on her skin. Jia said Musely's top-selling products treat aging concerns like dark spots, rosacea, and hair thinning. MuselyPart of the boom comes from the desire for products that target specific skin concerns, like dark spots or wrinkles.
Persons: Musely, , Cherry Jia, she'd, Jack Jia, Cherry, Jack Jia Jia, Marie Jhin, he'd, Jhin, Lori Bush, Kimber Maderazzo, dermatologists, Jia, Jhin . Cherry Jia's, Jack Jia's, Musely Jia, estriol, they've, isn't, it's Organizations: Healthcare, Service, Musely, Jhin, FDA, New York Times Locations: drugstores
Morgan Stanley analysts named a slate of stocks this week they think are too attractive to ignore. CNBC Pro combed through Morgan Stanley research to find stocks that are primed for growth this summer. They include Apple, Toast, Broadcom, Arista Networks and Coca-Cola. Toast "Toast demonstrated its Vertical technology leadership, detailing its ability to efficiently gain share and monetize against an expanding opportunity. … New geographies, new verticals, new products, and increasing monetization across software and FinTech, underscore the compelling growth opportunity for Toast in the years ahead.
Persons: Morgan Stanley, Joseph Moore, Moore, Josh Baer, Baer, Meta Marshall, Marshall, … Arista, Organizations: CNBC, Apple, Broadcom, Arista Networks, VMware, Breed, Arista Networks Arista, Arista
AP —A big, round, 4,000-year-old stone building discovered on a Cretan hilltop is puzzling archaeologists and threatening to disrupt a major airport project on the Greek tourist island. Resembling a huge car wheel from above, the ruins of the labyrinthine, 1,800-square-meter (19,000-square-foot) building came to light during a recent dig by archaeologists. The building may have been used for religious or ritual purposes, the Greek Culture Ministry said. Greek Culture Ministry/APThe site was earmarked for a radar station to serve a new airport under construction near the town of Kastelli. Archaeologists don’t yet know what the hilltop structure was for.
Persons: it’s, Greece’s, It’s, Lina Mendoni, Organizations: AP, Ministry, Greek Culture Ministry, Athens International Locations: Kastelli, Heraklion, Knossos, Greece
But I didn't expect my ambivalence toward dogs to be a dealbreaker in my adult dating life. I confessed I wasn't the biggest dog person, and he ghosted me. Don't get me wrong: I don't hate dogs. But, as glamorous as it sounds, I don't share the innate obsession with dogs many people seem to have. This is my biggest secret: If I love you, I will begrudgingly love your dog, too.
Persons: , David, Rottweiler, That's frustratingly, I've, Suzy Organizations: Service, Business Locations: America, Chihuahua, Europe
The bank also raised its price target to $160 from $115, suggesting 18% upside from Wednesday's close. — Michelle Fox 7:59 a.m.: KeyBanc raises Netflix price target Netflix's growth isn't going to slow down any time soon, according to KeyBanc Capital Markets. — Pia Singh 7:23 a.m.: Bank America raises price target on Boeing Bank of America is weighing the challenges and opportunities Boeing has to make a turnaround. She kept her $38 price target, which implies shares could drop just slightly from its latest close. — Pia Singh 5:45 a.m.: Jefferies names Microsoft a top pick Microsoft is "going for AI gold," according to Jefferies.
Persons: Jefferies, Christine Cho, — Jesse Pound, Clark, Anna Lizzul, Kimberly, — Michelle Fox, Justin Patterson, Patterson, — Pia Singh, Ronald Epstein, Epstein, Oppenheimer, Ulta, Rupesh Parikh, Parikh, Morgan Stanley downgrades Corning, Corning, Morgan Stanley, Meta Marshall, Marshall, Tom O'Malley, O'Malley, AVGO, JPMorgan's Harlan Sur, Timothy Arcuri, Brent Thill, Fred Imbert Organizations: CNBC, Microsoft, Barclays downgrades NextEra Energy Partners, NextEra Energy Partners, Barclays, Bank of America, Clark Bank of America, KeyBanc, Markets, Netflix, Bank America, Boeing Bank of America, Boeing, Broadcom, VMware, Google, UBS, Jefferies Locations: Kimberly, F2H25
When the reigning Miss USA and Miss Teen USA, Noelia Voigt and UmaSofia Srivastava, resigned last month, it rocked the pageant world. Even when the organization has faced allegations of racism, sexual harassment and pageant rigging in the past, no titleholder had ever before stepped down. Some pageant contestants said they were disillusioned with Miss USA and described the environment as toxic. We want to learn more about Miss USA, its parent company Miss Universe and the pageant world more broadly. We’re interested in hearing from contestants past and present, pageant coaches, parents, employees and anyone else who has knowledge of the inner workings of pageants.
Persons: Noelia Voigt, UmaSofia Srivastava, Callie Holtermann Organizations: Miss USA, Miss Teen USA, Miss
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
CNN —Anti-abortion leaders are warning Republicans not to remove a federal abortion ban from the party’s platform at next month’s GOP convention even as their presumptive nominee, Donald Trump, backs away from it. “Our expectation is that the GOP platform will continue to unequivocally call for national protections for unborn children, rooted in the 14th Amendment,” Dannenfelser told CNN in a statement. CNN has asked Trump’s campaign for comment. Trump would not be the first Republican presidential nominee to appear at odds with the party platform on abortion. He insisted, though, there’s not much daylight between the party’s platform and Trump’s latest stance.
Persons: Donald Trump, Marjorie Dannenfelser, Susan B, Anthony Pro, ” Dannenfelser, Ralph Reed, Reed, , , Trump, Roe, John McCain, Mitt Romney, Carol Tobias, I’m, lifers, Wade, Dobbs, Joe Biden, “ Trump, ” Biden, Sarafina Chitika, you’re, Trump’s, Lara Trump, Michael Whatley, Randy Evans, Russell Vought, Ed Martin, Phyllis Schlafly, there’s, ” Reed Organizations: CNN, GOP, and Freedom Coalition, Washington Post, Trump, Republicans, Wade, Republican, , Jackson, Health Organization, US, Democrats, Danbury Institute, Christian, Biden, North Carolina Republican Party, Conservative Locations: Dobbs v, Roe, Texas, Florida, Luxembourg, Milwaukee
Sony Pictures is buying Alamo Drafthouse theater chain
  + stars: | 2024-06-12 | by ( Sarah Whitten | ) www.cnbc.com   time to read: +2 min
Sony Pictures has acquired Alamo Drafthouse, the seventh-largest movie theater chain in North America, the company announced Wednesday. Alamo Drafthouse CEO Michael Kustermann will remain at the helm of the dine-in movie theater chain and will report to Ravi Ahuja, president and CEO of the newly formed Sony Pictures Experiences division. The company's 35 cinemas will continue to be operated by Alamo Drafthouse and its headquarters will remain in Austin, Texas. The acquisition comes after Alamo Drafthouse filed for Chapter 11 bankruptcy protection in 2021 due to Covid-19 pandemic disruptions. "We are excited to make history with Sony Pictures Entertainment and have found the right home and partner for Alamo Drafthouse Cinema," said Kustermann.
Persons: Walter Reade, Michael Kustermann, Ravi Ahuja, Alamo Drafthouse, Ahuja, Tim League Organizations: Sony Pictures, Alamo, Department, Paramount, Warner Bros, Century Fox, MGM, Universal, United Artists, Columbia Pictures, Sony, Walter Reade Organization, Lowes, Disney, El Capitan Theatre, Netflix, Egyptian, New York's, Altamont Capital Partners, Fortress Investment Group, Sony Pictures Entertainment Locations: North America, Columbia, New York's Paris, Austin , Texas, Texas
When the sun sets in Hong Kong, the sprawling urban metropolis transitions from work to play. Arguably the world's best "bizcation" destination, Hong Kong offers endless activities once business travelers close their laptops for the day. Hong Kong Tourism BoardTo add a bit of mystery into your bizcation, consider exploring Hong Kong's speakeasies. Hong Kong Tourism BoardBut that's not the only attraction lighting up Hong Kong. A memorable bizcation requires a unique blend of work and play — and Hong Kong is the perfect destination to make it happen.
Persons: Hong, Chef Danny Yip, Vicky Cheng, it's, Chai, Noodle, speakeasies, that's, Luna Organizations: Network, Hong Kong's, Argo, Hong Kong Tourism Board, former Marine Police Headquarters, Hong Kong Tourism Board Hong, Insider Studios Locations: Hong Kong, there's, Hong, Wing, Victoria, Clearwater Bay, Tai Hang
Mining firm Rare Earths Norway says it has discovered Europe's largest proven deposit of highly prized rare earth elements, potentially reflecting a watershed moment for both the Nordic country and the broader region. One of the few deposits not owned or controlled by China, the discovery of continental Europe's largest rare earths deposit is considered a welcome boost in Europe's bid to break China's rare earths dominance. Alf Reistad, CEO of Rare Earths Norway, told CNBC that the discovery at Fen represents a "great milestone" for the company. "It is important to state that there is absolutely no extraction of rare earth elements in Europe today," Reistad said via videoconference on Monday. Rare Earths Norway said the rare earths deposit in Telemark, roughly 210 kilometers (130 miles) southwest of Oslo, is likely to underscore Norway's position as an integral part of Europe's rare earth and critical raw material value chain.
Persons: Alf Reistad, Reistad Organizations: Tech Co, Mining, Nordic, Rare, Norway, CNBC Locations: Mongolia, Baotou, Inner Mongolia, China, Norway, Sweden, Europe, videoconference, Telemark, Oslo
NEW YORK, NEW YORK - JUNE 09: Virat Kohli and Mohammed Siraj of India celebrates following the team's victory in the ICC Men's T20 Cricket World Cup West Indies & USA 2024 match between India and Pakistan at Nassau County International Cricket Stadium on June 09, 2024 in New York, New York. (Photo by Alex Davidson-ICC/ICC via Getty Images)India dealt a cruel blow to rivals Pakistan's T20 World Cup hopes with a thrilling six-run victory in New York. However, the Pakistan batting attack fell apart under the pressure and from 72-2 were reduced to 88-5 themselves, unable to find big boundaries in the final overs to seal a big win. In Group A, India now sit top of the table, with USA in second. Pakistan are now in fourth and are yet to pick up a win.
Persons: Virat Kohli, Mohammed Siraj, Alex Davidson, Jasprit, Pandya, Bumrah, Mohammad Rizwan, Naseem Shah, Haris Rauf, Mohammad Amir, Babar Azam, Suryakumar Yadav, Usman Khan Organizations: NEW, ICC, West Indies, Nassau County International Cricket, Getty Images, Pakistan, USA Locations: India, Pakistan, New York , New York, New York
CNN —Pakistan’s heartbreaking Men’s T20 Cricket World Cup continued as it succumbed to a dramatic six-run defeat against archrival India on Sunday following its shock loss to the USA earlier in the week. Often described as one of the greatest sporting grudge matches in the world, an India-Pakistan cricket match is always bound up in the geopolitical faultlines that separate the two nations. India narrowly defeated Pakistan. But the game turned on its head with six overs left when Jasprit Bumrah bowled Rizwan and took the momentum away from Pakistan. It set up a grandstand finish with Pakistan needing 18 runs off six balls in the last over and it ultimately fell just short.
Persons: CNN —, Stefan Jeremiah, Rohit Sharma, Virat Kohli, Rohit heaved, Kohli, Rohit, Haris Rauf, Shaheen Afridi, India’s, Robert Cianflone, Rishabh Pant, Mohammad Rizwan, Jasprit Bumrah, Rizwan Organizations: CNN, archrival India, Pakistan, Nassau County International, Nassau Locations: India, Pakistan, New York
Read previewIt's the time of the year for the St. Petersburg International Economic Forum — or the "Russian Davos," as it's sometimes called. This year, the biggest names attending the event include Bolivian President Luis Arce and Zimbabwean President Emmerson Mnangagwa. Related VideoBut the four-day economic forum, which started on Wednesday, now also features the children of the Kremlin's top echelons, Bloomberg reported on Wednesday. Advertisement"Now that this opportunity has become harder, the way to protect themselves is to appoint their children as bosses," Schulmann told Bloomberg. Putin is scheduled to address the economic forum on Friday.
Persons: , Vladimir Putin's, Emmanuel Macron, Xi Jinping, Narendra Modi, Angela Merkel, Luis Arce, Emmerson Mnangagwa, Maria Vorontsova, Katerina Tikhonova, Anton Vaino's, Alexander, Ekaterina Schulmann, Schulmann, Putin Organizations: Service, St ., Economic, Indian, Business, Bolivian, Bloomberg, Russian Association for, Kremlin, Carnegie Russia Eurasia Center Locations: St, St . Petersburg, Russian Davos, Russian, Russia, Ukraine, Berlin
During the pandemic, he was a moderator for a Discord community, at first mainly sorting out technical problems and weeding out trolls. But one night, an adolescent boy called him over voice chat, and started sharing how lonely and depressed he was. But it was the boys who seemed the most desperately lonely and isolated. On the site, he said, he found “a lot more unhealthy men than unhealthy women.” He added: “With men, there is a huge thing about mental health and shame because you’re not supposed to be weak. You’re not supposed to be broken.” A male mental-health crisis was flying under the radar.
Persons: he’d, you’re, You’re Locations: Cedar City , Utah, America
A longtime bearish analyst on Best Buy has jumped over to our side the debate after its head-turning earnings report last week. Barry said Best Buy expects to have the largest assortment of AI PCs on sale later this month from brands such as Dell, Microsoft and HP, with "more than 40% of the assortment retail exclusive to Best Buy." Based on Monday's prices, Best Buy would need to gain nearly 59% to take out its old highs. Considering the innovation pipeline ahead, Citi analysts are optimistic Best Buy shares can go even higher. People walk into a Best Buy store in a Brooklyn mall on August 29, 2023 in New York City.
Persons: Jim Cramer, Corie Barry, Barry, Jim, it's, Jim Cramer's, Spencer Platt Organizations: Citigroup, Citi, Dell, Microsoft, HP, Nasdaq, CNBC, Getty Locations: Brooklyn, New York City
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