DIRS.INFO The most relevant business & tech news

☆ French stocks ETF looks poised to resume uptrend following election, according to the charts
▼ + stars: | 2024-07-08 | by ( Katie Stockton | ) www.cnbc.com time to read: +3 min

Despite the pullback, a primary uptrend remains in place for the CAC 40, in addition to the related iShares MSCI France ETF (EWQ) . Both proxies for French stocks appear to be finding their footing, which suggests that the market is welcoming the latest news regarding the election. Once the final outcome is determined, it would be natural for investors to respond favorably to the removal of uncertainty, particularly given the oversold status of French stocks. This suggests a counter-trend phase of outperformance is possible for French stocks versus U.S. stocks. Recent stabilization in many French stocks shows a positive reaction to widespread intermediate-term oversold conditions, which we gauge using the weekly stochastic oscillator.

Persons: LVMH Moet Hennessy Louis Vuitton, Katie Stockton Organizations: CAC, CNBC, NBC UNIVERSAL Locations: France, EWQ

☆ Reformist lawmaker Masoud Pezeshkian wins Iran’s presidential vote
▼ + stars: | 2024-07-05 | by ( Michael Rios | James Legge | ) edition.cnn.com time to read: +7 min

CNN —Reformist candidate Masoud Pezeshkian has won Iran’s presidential election, Iranian state news agency Press TV reported Saturday citing the country’s election headquarters, beating his hardline rival in a pivotal vote at a time of tensions at home and abroad. The first round saw the lowest voter turnout for a presidential election since the Islamic Republic was established in 1979. The lawmaker was the only reformist candidate vying for the top elected seat in the country after dozens of other candidates were barred from running. During the 2022 protests, Pezeshkian said in an interview with Iran’s IRINN TV: “It is our fault. Other factors may be more difficult to change, particularly Iran’s foreign policy.

Persons: Masoud Pezeshkian, Pezeshkian, Saeed Jalili, Israel, Ebrahim Raisi, Hossein Amir, ”, Mohammad Khatami, Mahsa, Amini, Iran’s, Sanam Vakil, Vakil, Israel “, Israel Katz, Qasem Soleimani, “, aren’t, Javad Zarif, Zarif, Seyyed Ali Khamenei, Khamenei Organizations: CNN — Reformist, Press, Press TV, Foreign, Supreme, United Nations, North Africa, Chatham House, Israeli, Iran Revolutionary Guard Corps ’, Iran Revolutionary Guard Corps ’ Quds Force Locations: Jalili, Islamic Republic, Iran’s, Iran, Persian, East, London, Israel, Gaza, Lebanon, Iran Revolutionary Guard Corps ’ Quds

☆ My boss once told me I was 'too direct.' I found a way to turn that critique into my strength in the workplace.
▼ + stars: | 2024-07-05 | by ( Kelli Thompson | ) www.businessinsider.com time to read: +4 min

I mean, he was direct, too, and people figured out how to handle him. I heard it again in corporate meeting rooms and during training sessions from colleagues, direct reports, and future managers. I didn't want to lose that strength by hiding it, so I eventually learned to develop situational savviness. For instance, I can identify that my directness allows me to tackle hard challenges that many people shy away from. AdvertisementLuckily, I am now able to identify when I can fully embrace my directness and when I should tone it down.

Persons: I'm, wasn't, you've, — Organizations: Service, Business

☆ Resisting the Far Right at a Festival of French Theater
▼ + stars: | 2024-07-05 | by ( Laura Cappelle | ) www.nytimes.com time to read: +1 min

There are two sides to Tiago Rodrigues, the Portuguese director who has led the Avignon Festival since last year. One — gentle, introspective, given to dissecting intimate human conflicts — has long been evident in his stage productions. That includes “Hecuba, Not Hecuba,” his latest premiere in Avignon, in which a mother fights for justice after her son is mistreated by a state institution. On the other side, Rodrigues has also turned out to be a combative, politically outspoken leader for the French festival, a marquee event on the international theater calendar. JoeyStarr, a French rapper, recited a poem by Léon-Gontran Damas.

Persons: Tiago Rodrigues, —, ”, Rodrigues, de Bergman, Boris Charmatz, Isadora Duncan, JoeyStarr, Léon, Gontran Damas Locations: Portuguese, Avignon, France, French

☆ Iranians are voting in a presidential runoff. What will it mean for the world?
▼ + stars: | 2024-07-04 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +11 min

Here’s what to expect on Friday’ second round of elections, and how the results could impact Iran and the world. During the first round, Pezeshkian led with 42.5% of the votes, followed by Jalili with 38.6%, according to the state news agency IRNA. In a move that shocked observers, the man who led Ghalibaf’s electoral campaign, Sami Nazari Tarkarani, also declared his support for reformist Pezeshkian, Khabar Online reported. People drive past a billboard with pictures of presidential candidates Masoud Pezeshkian and Saeed Jalili on a street in Tehran, Iran, on Monday. Presidential candidates Masoud Pezeshkian and Saeed Jalili attend an election debate at a television studio in Tehran, Iran on Tuesday.

Persons: CNN — Iran’s, Ebrahim Raisi, Masoud Pezeshkian, Saeed Jalili, Raisi, Hossein Amir, Ayatollah Ali Khamenei, Pezeshkian, –, Khamenei, ”, hardliner Mohammad Bagher Ghalibaf, Jalili, ” Parsi, Sardar Mohsen Rashid, Rashid, Sami Nazari Tarkarani, Ghalibaf, Sanam Vakil, “, ” Sina Toossi, ” Pezeshkian, Toossi, Majid Asgaripour, Iran’s, ” Jalili, Israel sharpens, Israel “, Israel Katz, ” Ali Vaez, Vaez, CNN’s Becky Anderson, Saeed Jalili , Morteza Fakhri, Parsi, ” Vakil Organizations: CNN, Foreign, Guardian Council, IRNA, Quincy Institute, Islamic Revolutionary Guard Corps, Pezeshkian, Khabar, North Africa, Chatham House, Center for International Policy, Trump, Islamic, International Atomic Energy Agency, UN, Israeli, Group, Reuters Locations: Islamic Republic, Iran, tatters, Israel, United States, Tehran, Washington, Iranian, East, London, Washington ,, Gaza, Lebanon

☆ Biden tries but fails to turn back rising tide threatening to swamp his reelection bid
▼ + stars: | 2024-07-04 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

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

☆ Tensions with Iran spotlight Israel's hidden nuclear arsenal
▼ + stars: | 2024-07-04 | by ( Paul Iddon | ) www.businessinsider.com time to read: +9 min

AdvertisementBy invoking doomsday weapons, it was clear Katz was alluding to Israel's nuclear weapons arsenal — an arsenal over which neither he nor IAI have any command-and-control. There are eight countries in the world with declared nuclear arsenals, four of which — the United States, China, India, and Russia — have a complete nuclear triad. Israel's triad has some notable distinctions and limitations compared to those of the other four. "Israel's nuclear triad bears the hallmarks of a regional nuclear triad as seen in India and Pakistan, rather than seeking globe-spanning strike capability," Sebastien Roblin, a widely published military-aviation journalist, told Business Insider. "Israel's nuclear deterrent is not designed to ward off great powers like Russia or China, but rather regional powers like Egypt and Iran," Bohl told BI.

Persons: —, Yair Katz, Israel, Katz, Russia —, Sebastien Roblin, Roblin, Ryan Bohl, RANE, Bohl, Nir Ben, Yosef Organizations: Service, Business, Israel Aerospace Industries Workers ' Council, Iran's United Nations, IAI, Jericho, Israel Aerospace Industries, Dolphin, East, Facebook, Air Force's, Israel, US Air Force, IAF, nukes Locations: Israel, Lebanon, Iran, Yemen, Syria, Iraq, United States, China, India, Russia, Pakistan, North Africa, Egypt, Jericho

☆ How to construct a winning options strategy on a software stock that had a big June
▼ + stars: | 2024-07-02 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

The charts indicate the TurboTax maker could be caught in a trading range from here and I've got an options strategy that wins if it remains stuck. An Iron Condor is a great trade structure to use when dealing with trading ranges like this one. To construct an Iron Condor, all I have to do is sell a call credit spread and a put credit spread at the same time. Most trading platforms will allow you to put this trade as one unit by selecting "Sell Iron Condor" as the trade structure. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: I've, INTU, Nishant Pant Organizations: Intuit, Condor, Iron Condor, CNBC, NBC UNIVERSAL

☆ Cathie Wood's ARK Innovation ETF poised to break out of its sideways trading, according to the charts
▼ + stars: | 2024-07-01 | by ( Katie Stockton | ) www.cnbc.com time to read: +7 min

—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.

Persons: Cathie, ARKK, Katie Stockton Organizations: Innovation, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities Locations: ARKK

☆ Russia's new 3.3-ton glide bomb escalates the destructive potential of its airstrike campaign against Ukraine
▼ + stars: | 2024-07-01 | by ( Stavros Atlamazoglou | Sandboxx News | ) www.businessinsider.com time to read: +5 min

Read previewThe Russian Aerospace Forces are using a new munition in Ukraine that might change the situation on the ground. In June, Russian aircraft deployed for the first time the FAB-3000 M-54 glide bomb. Ukrainian outlets reported the use of the glide bomb against Ukrainian troop concentration points in Kharkiv Oblast in eastern Ukraine. Relying on a combination of stand-off and glide munitions, Russian aircraft have been targeting Ukrainian critical infrastructure and urban centers. But beyond causing some additional casualties to the Ukrainian forces, Russian tactical aviation hasn't made a difference.

Persons: —, Stu, Avi, lar, hav, tim e s and Organizations: Service, Russian Aerospace Forces, Russian, Business, FAB, for, Ukrainian Air Force Locations: Ukraine, Kharkiv Oblast, Russian, 🇷🇺🇺🇦

☆ Stock futures rise as Wall Street readies for the second half: Live updates
▼ + stars: | 2024-06-30 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Stock futures rose in overnight trading Sunday as Wall Street looked ahead to the second half of 2024. Futures tied to the Dow Jones Industrial Average added 55 points, or 0.1%, while S&P 500 futures gained 0.2%. Wall Street is coming off a losing session for the major averages, of a strong finish to the first half of the trading year. The Dow Jones Industrial Average underperformed due to a pullback in the second quarter, adding 3.8%. Beforehand, S&P PMI manufacturing and ISM manufacturing data for June are due out Monday, along with may construction spending.

Persons: Lip, CNBC's Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, Nvidia, Dow, BakerAvenue Wealth Management, Investors, PMI

☆ Democrats fear replacement scenarios as much as keeping Biden
▼ + stars: | 2024-06-30 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +16 min

“It would be a Category 5 hurricane,” said one top Democratic official nervous about Biden considering what would happen if the president stepped aside. Biden campaign aides have spent the last couple of days pointing to metrics like some of their best grassroots fundraising days and a surge in job applications since Thursday. Biden is heading to the Camp David presidential retreat where he was expected to spend the rest of the weekend. Democratic operatives always like to mock headlines that describe them as “in disarray.” Now some tell CNN they worry they could end up in more disarray than ever. “President Biden is the nominee and he’s going to remain the nominee,” said Cutter, who is on contract to produce the convention.

Persons: Washington CNN — They’re, They’re, haven’t, Joe Biden’s, Gretchen Whitmer’s, Biden, Kamala Harris, ”, “, we’re, Joe Biden, Jill Biden, Natalie, Finnegan, Camp David, Mandel Ngan, J.B . Pritzker, Andy Beshear, Gavin Newsom, Arizona Sen, Mark Kelly, Georgia Sen, Raphael Warnock, Pete Buttigieg, Josh Shapiro, Wes Moore, Harris, Doug Emhoff, Whitmer, Beshear, Rob Reiner, Jane Fonda, Barack Obama, Hakeem Jeffries, Jeffries, ” Biden, Alexandria Ocasio, Cortez, Gov, Geoff Duncan, CNN “, Donald Trump, Donna Brazile, Stephanie Cutter, Hillary Clinton’s, Cutter, Phil Murphy, Still, ” Murphy, “ That’s, ‘, hadn’t, he’s, ” Harris, Obama, Hillary Clinton, ’, Rob Flaherty, –, president’s “ I’m, I’ve, Minyon Moore, Tina Flournoy, Brazile, Kamala, Scott Olson, it’s, Robert Garcia Organizations: Washington CNN, Michigan Gov, Democratic, Biden, Black, Trump, CBS, Air Force, McGuire Air Force Base, Camp, Getty, Democrat, White, Harris , Illinois Gov, Kentucky Gov, Maryland Gov, Pritzker, House Democrats, GOP, CNN, Democratic National Committee, New, New Jersey Gov, Democratic Party, Convention, United Center, Hamptons Locations: ”, Burlington , New Jersey, AFP, New York City, Harris , Illinois, Whitmer, Kentucky, California, Arizona, Pennsylvania, Los Angeles, America, Alexandria, Georgia, New Jersey, Chicago

☆ England 2 Slovakia 1 – Southgate’s side scrape through, Bellingham to the rescue, tactical questions remain
▼ + stars: | 2024-06-30 | by ( Jacob Whitehead | Oliver Kay | ) www.nytimes.com time to read: +11 min

England edged past Slovakia to reach the Euro 2024 quarter-finals, but only after staring a humiliating defeat in the face. England did get the ball in the net early in the second half, but Phil Foden’s effort was ruled offside. That gave Southgate’s team a lead that they defended successfully for the remainder of extra time to retain their place in the tournament… just. AdvertisementAcross their four matches at this tournament, England showed consistent failings that have not been addressed. Peter RutzlerWas the first half England’s worst of the tournament (so far)?

Persons: Gareth Southgate’s, Ivan Schranz, Jordan Pickford, Phil Foden’s, Declan Rice, Jude Bellingham, —, Harry Kane, Jacob Whitehead, Oliver Kay, Mark Carey, Peter Rutzler, Gareth Southgate, Kyle Walker, Marc Guehi flicked, Cole Palmer, Eberechi Eze, Ivan Toney, Southgate, Carl Recine, Oliver Kay Breaking, Jude Bellingham’s, Marc Guehi, Martin Dubravka, Bellingham, Gareth Southgate England, Kieran Trippier, Trent Alexander, Arnold, Conor Gallagher, Kobbie Mainoo, Ian MacNicol, England —, Toney, Harry Kane’s, underperformance —, Kobbie, Shaun Botterill, John Stones, Ivan Schranz’s, England …, Mainoo Organizations: Slovakia, England, Switzerland, Adidas, Championship, Argentina Locations: Slovakia, England, Ruhr, ignominy, —, Dusseldorf, Bellingham, Martin, Southgate’s, Iceland, Switzerland, Gelsenkirchen

☆ Democrats have struggled to transfer power to younger generations. After Biden's debate, that's likely to change.
▼ + stars: | 2024-06-29 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAfter President Joe Biden's middling debate performance Thursday night, many Democrats began to panic. AdvertisementGenerational changeFor 20 years, Nancy Pelosi led House Democrats as part of a leadership team that included veteran lawmakers Steny Hoyer and Jim Clyburn. His debate performance against former President Donald Trump exposed this resistance to generational change. Many Democrats celebrated the arrival of this younger guard, especially since the party had often lagged behind Republicans in building a farm team of future leaders.

Persons: —, Joe Biden's, Biden, Nancy Pelosi, Steny Hoyer, Jim Clyburn, Hakeem Jeffries, Donald Trump, Jeffries, Katherine Clark, Pete Aguilar, Kamala Harris, Harris, Xers, Gen Organizations: Service, Business, Democratic, Democrats, House Democratic, House Democratic Caucus, White Locations: New York

To help you browse the best ones going on now, I've rounded up the best 4th of July sales below. The best 4th of July electronics and appliances sales Appliances and electronics are notorious for their hefty price tags, which makes sales like these priceless. In time for the warming weather, I'm seeing some great price drops on air conditioner picks from our guides to the best portable air conditioners and the best air conditioner units. Burrow The best 4th of July home and kitchen dealsIt's a good time to buy furniture, whether you're shopping for indoor or outdoor pieces. SaatvaThe best 4th of July mattress dealsMattresses are on sale most of the year, it's true.

Persons: it's, We'll, BioLite, Abt Friedrich, Friedrich, AJ, AJ Madison Traeger, TCL, Rumpl, Kit, Burrow, Lauren Savoie, Hannah Freedman, Cha, they're, you'll Organizations: Business, Ikea's, Steam, LG, GE, Amazon Prime, Abt, eBay, Energy, AJ Madison, Independence, Samsung, Apple AirPods, Apple, Amazon, GE Gaming, Day, tote Locations: Burrow, Kyusu, Cha Kyusu, Brooklyn, Lo

☆ Six Takeaways From the First Presidential Debate
▼ + stars: | 2024-06-28 | by ( Shane Goldmacher | Jonathan Swan | ) www.nytimes.com time to read: +1 min

President Biden struggled through his first debate of the 2024 campaign against Donald J. Trump, meandering and mumbling through answers as the former president pressed his case for a second term with limited resistance from his rival. Mr. Trump was confident and forceful, even as he let loose a stream of misleading attacks and falsehoods. Mr. Biden spoke with a hoarse and halting voice, closing his eyes occasionally to gather thoughts that sometimes couldn’t be corralled. About halfway through, people close to Mr. Biden put out word that he had a cold. Mr. Trump relentlessly hammered Mr. Biden on areas of vulnerability, sending exaggerations and embellishments — he was the “greatest” and his opponent the “worst” — flying unchecked through the audience-free CNN studio in Atlanta.

Persons: Biden, Donald J, Trump, Mr Organizations: Trump, CNN Locations: Atlanta

☆ Hezbollah has the weapons to carry out its threat against Cyprus
▼ + stars: | 2024-06-28 | by ( Paul Iddon | ) www.businessinsider.com time to read: +9 min

The threat against Cyprus is also an indirect threat against NATO member Greece, which has close ties with Israel. "Although the Republic of Cyprus and Israel have enjoyed strategic cooperation for years, the current timing is crucial. "The Republic of Cyprus is able to expose the tactics of Hezbollah at the EU level and simultaneously seek support by the US." Jack Guez/Getty ImagesNevertheless, Hezbollah could harm Cyprus if it carries out its threat. Related stories"The Israeli capacity to shoot down Hezbollah's drones in 2022 could be a model for the Republic of Cyprus," Tzogopoulos said.

Persons: —, Hassan Nasrallah, George Tzogopoulos, Tzogopoulos, Nasrallah, Jack Guez, Mark III, Nicholas Heras, Heras Organizations: Service, NATO, Israel, Cypriot, Business, Hezbollah, European Union, UN, Sovereign Base, EU, Cypriot National Guard, New Lines Institute, Israeli Air Force, New Lines, Israeli Defense Forces Locations: Iran, Lebanon, Republic of Cyprus, Cyprus, Greece, Israel, Turkey, Turkish Republic of Northern Cyprus, United Kingdom, Akrotiri, EU, Gaza, Russian, Nicosia, Iranian Fateh, Yemen, Syria, NATO

☆ House G.O.P. Begins Push on Hard-Right Spending Bills, Teeing Up Future Battles
▼ + stars: | 2024-06-28 | by ( Catie Edmondson | ) www.nytimes.com time to read: +1 min

The Republican-led House voted on Friday to strip President Biden’s homeland security secretary and secretary of state of their salaries. It approved measures banning military installations from having drag queen story hours for children. The provisions were included in three spending bills to fund the Departments of Defense, State and Homeland Security that House Republicans muscled through largely along party lines — even though none of them have any hope of becoming law. With a government funding deadline looming at the end of September and a high-stakes election in November, lawmakers have entered a period of legislative theatrics, where each chamber is advancing spending bills that the other will never approve. In the House, for a second year in a row, that has meant that Republican leaders have opened the floodgates to a barrage of conservative priorities.

Persons: Biden, — Organizations: Republican, Pentagon, of Defense, State and Homeland Security, Republicans

The third quarter starts on Monday with corporate earnings trends largely intact, but showing early signs of trouble in tech land. The good news: for the big-cap tech companies that are truly dominating the market ( Apple , Microsoft , Alphabet , Nvidia , etc.) Still no recession, in the economy or in earnings So far, we have a deceleration in big-cap tech earnings and clear signs the consumer wants lower prices. Earnings trends for tech may still be rising (even if it is decelerating), but the rest of the market is generally flattish on earnings. Earnings: rising Positive Tech earnings: rising but decelerating Negative Job growth: strong but moderating Positive Interest rates: moderating Positive Inflation: moderating Positive Consumer: increasingly cautious Negative

Persons: Jensen, Nick Raich, it's, Raich, Lori Calvasina, We've, I've, you've, Levi Strauss, General Mills, Tim Wentworth, Taco Bell, Mills Organizations: Apple, Microsoft, Nvidia, Big, Meta, Jensen Huang's, Scout, U.S, Equity, RBC Capital Markets, CNBC, Nike, Walgreens, Micron, FedEx, General, . Companies, Southwest Airlines, Pool Corp, Urban Outfitters, Yum Brands

CNN —Roba Abu Jibba looked shell-shocked as the doctor delivered his news: She couldn’t have the operation she desperately wanted. “I came here, and now they said I won’t be able to get a prosthetic,” she told CNN between sobs. The Israeli military told CNN they carried out “a precise strike” after their troops came under fire from that location. Looking back at that night, Abu Jibba told CNN that she blamed both Israel and Palestinian militants for what happened to her family. Her aunt who accompanied her to Qatar told CNN the young woman now prefers solitude, and rarely goes outside.

Persons: Roba Abu Jibba, “, ”, ” Abu Jibba, Abu Jibba, Mohammed, ’ ”, Gazans, CNN “, “ I’m, there’s Organizations: CNN, sobs, Israel Defense Forces, Palestinian, Qatar, Ministry of Health, Hamas, Research, Nurses Locations: Gaza, Doha, Qatari, Israel, Qatar, Gaza City, Rafah, Egypt, “

☆ Walgreens slashes profit guidance, citing 'challenging' environment for consumers and pharmacies
▼ + stars: | 2024-06-27 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +2 min

A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, in Manhattan, New York City, on Nov. 26, 2021. Walgreens on Thursday reported fiscal third-quarter earnings that fell short of expectations and slashed its full-year adjusted profit outlook, citing a "challenging" environment for pharmacies and U.S. consumers. Still, Walgreens topped revenue estimates for the quarter on strong performance in its health-care segment. The company reported a net income of $344 million, or 40 cents per share, for the quarter. The company has not offered that guidance since October, when it said it expected $141 billion to $145 billion in sales.

Persons: Tim Wentworth, we've, Wentworth Organizations: Walgreens, Walgreens Boots Alliance, CNBC, LSEG Locations: Manhattan , New York City

☆ Thailand is now the Myanmar junta’s favored banking destination as military attacks ramp up, UN expert says
▼ + stars: | 2024-06-27 | by ( Helen Regan | Kocha Olarn | ) edition.cnn.com time to read: +5 min

Hong Kong/Bangkok CNN —International banks are playing a significant role in the Myanmar military junta’s ability to carry out its systematic and deadly assault on its people, a new United Nations-backed report has found. Athit Perawongmetha/ReutersThe Thai connectionSingapore-based entities were Myanmar’s third largest source of weapons and military materials. In 2022, Singapore-based banks facilitated more than 70% of the junta’s purchases passing through the banking system. Looking for other financial institutions, the junta found neighboring Thailand. “Our banking and financial institutions follow banking protocols as any major financial hub.

Persons: Tom Andrews, ” Andrews, Banks, ”, Athit Perawongmetha, “ Organizations: Bangkok CNN — International, United Nations, UN, Administration Council, SAC, “ Banking, Military Junta, States, Karen National Liberation Army, Siam Commercial Bank, CNN, Thailand’s Ministry of Foreign Affairs, Economic Bank Locations: Hong Kong, Bangkok, Myanmar, Singapore, Myawaddy, Thailand, Thai, Siam

☆ Voice of Baceprot prepare for Glastonbury debut, metal-mad Indonesia cheers
▼ + stars: | 2024-06-27 | by ( Heather Chen | ) edition.cnn.com time to read: +12 min

“Indonesia is home to the most metal fans in Asia so heavy metal bands love coming to play here,” said Hammersonic CEO Ravel Junardy. Lamb Of God vocalist Randy Blythe performs during Hammersonic in Jakarta, Indonesia on March 9, 2015. Indonesian heavy metal band Death Vomit from Yogjakarta are known for their ferocious and brutal sound. Rajawali IndonesiaGerman metal band Kreator holds up a banner during their performance at the Jogjarockarta festival on January 27, 2024. She first saw them live at a music festival in Singapore back in 2021 and says she is looking forward to their Glastonbury debut.

Persons: Sza, Firda “, ” Kurnia, ”, Marsya, Euis Siti Aisyah, Widi Rahmawati, metalhead –, “, Miikka Skaffari, Firda Kurnia, Tom Morello –, replaying, Malala Yousafzai, VOB, Anthrax, Joko Widodo, Olivia Rondonuwu, Indonesia’s, Sukarno, “ Sukarno, Jeremy Wallach, Suharto, ” Wallach, Metallica, –, Widodo, Metallica’s Robert Trujillo, Jokowi, Metallica's Robert Trujillo, Slipknot, Lamb, God, Ravel Junardy, Randy Blythe, Eddy Purwanto, Dave Mustaine, Corna Irawan, Anas Syahrul Alimi, Anas, “ Dave Mustaine, ” Anas, Kreator, Dougie, Mark LeVine, ” LeVine, LeVine, Faezah Eli Organizations: CNN, Dua Lipa, Coldplay, Jakarta Institute of Arts, Malala, “, ” “, Getty, Western, AFP, Megadeth, Rajawali, Machine, Glastonbury Locations: Indonesia, Britain, Dua, Glastonbury, Indonesian, Damar, Oakland , California, Jakarta, Bay, AFP, ” “ Jakarta, “, West, Southeast Asia, “ Indonesia, Asia, Sweden, Finland, Java, Yogyakarta, Rajawali Indonesia German, Rajawali Indonesia, Surabaya, East, North Africa, Egypt, Singapore, Malaysia, United Kingdom

In a more defensive environment, we instead gravitate to lower volatility, higher dividend-paying stocks. By October, AT & T had pounded out a series of higher lows, confirming a rotation to a bullish trend. As a long-term trend gauge, I would assume that any price action above this trendline is still within the context of a bullish phase. I've also drawn a short-term trendline in pink, lining up the price lows in April, May, and June. Since an uptrend is formed by a pattern of higher highs and higher lows, then a consistent short-term uptrend would most likely remain above this trendline.

Persons: we've, I've, I'm, David Keller Organizations: CMT, CNBC, NBC UNIVERSAL, & $

☆ How to get long an energy stock with substantial comeback potential, according to options trader
▼ + stars: | 2024-06-26 | by ( Tony Zhang | ) www.cnbc.com time to read: +2 min

SLB (SLB) has been on our radar for some time and its recent underperformance produces an interesting opportunity to gain long exposure with substantial upside potential. That's nearly a 35% discount to the average S & P 500 stock, implying that the technical upside target is well within its historical valuation range. With low volatility, options prices on SLB are extremely inexpensive and would benefit from a simple strategy such as buying a call option. Additionally, we are only risking 7.7% of the stock's price to gain unlimited upside exposure. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.

Persons: SLB, That's Organizations: CNBC, NBC UNIVERSAL

Search resuls for: "résistance"

25 mentions found