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☆ Visa, Mastercard Want a Slice of Africa’s Mobile Money
▼ + stars: | 2023-10-19 | by ( Alexandra Wexler | ) www.wsj.com time to read: 1 min

JOHANNESBURG—African fintech companies have found creative ways to help the continent’s consumers spend their money. Traditional payments companies want in. Global payment giants, including Mastercard and Visa , are pouring billions of dollars into African companies that have powered a sharp expansion in e-commerce on the continent. Recent deals have focused on mobile-money operators, which allow users to send funds using simple cellphones, and platforms that facilitate such payments for merchants such as Uber Technologies , Netflix or Estée Lauder without relying on credit cards or bank accounts.

Persons: Lauder Organizations: Mastercard, Visa, Uber Technologies, Netflix Locations: JOHANNESBURG, Global

☆ Big money donors are slamming Ivy League universities and pulling funding over their response to the Israel-Hamas war
▼ + stars: | 2023-10-17 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +5 min

Wealthy donors are slamming elite US colleges for their responses to the Israel-Hamas war. Thousands of civilians have been injured or killed in Hamas' attacks on Israel and Israel's bombardments of Gaza. In the past week, wealthy college donors have closed their checkbooks, citing their disagreement with the universities' responses to the Israel-Hamas war. The Huntsman family recently notified Penn that it's stopping further donations to the Ivy League school. Thousands of people have been injured or killed in Hamas' terrorist attacks on Israel and Israel's bombardment of Gaza.

Persons: —, Marc Rowan, Rowan, Huntsman, Jon Huntsman Jr, Elizabeth Magill, Magill, David Magerman, Estée Lauder, Ronald Lauder, Les Wexner, Claudine Gay, Bill Ackman, Idan Ofer, Yoav Gallant Organizations: Service, Apollo Global Management, University of Pennsylvania's, Penn, Ivy League, Daily, Huntsman Foundation, University, Computer, Renaissance Technologies, Bloomberg, Harvard, Wexner, Kennedy School of Government Locations: Israel, Gaza, Utah, China, Russia, Singapore, Penn, Egypt

☆ Billionaire Ronald Lauder threatens to pull funding if UPenn doesn’t do more to fight antisemitism
▼ + stars: | 2023-10-17 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

Even before the Palestine Writes Literature Festival started, UPenn leaders acknowledged it would include speakers with a history of making antisemitic remarks. “You are forcing me to reexamine my financial support absent satisfactory measures to address antisemitism at the university,” Lauder wrote. The Palestine Writes festival has created a backlash that prominent donors, including billionaire Marc Rowan and former US Ambassador Jon Huntsman, who have vowed to cut off funding. “We know who they are and what they did.”Magill, UPenn’s president, conceded over the weekend that the response to the Palestine Writes Literature Festival was inadequate. Talk about resistance, talk about politics and power and culture and song and books and food and all of these things,” Susan Abulhawa, executive director of the Palestine Writes Literature Festival, told CNN.

Persons: Ronald Lauder, Lauder, UPenn, “, ” Lauder, Liz Magill, Marc Rowan, Jon Huntsman, Rowan, Magill, Vahan Gureghian, ”, ” Magill, Susan Abulhawa Organizations: New, New York CNN, University of Pennsylvania, CNN, Daily, Forbes, World Jewish Congress, UPenn, Lauder Institute, Wharton, Department of Arts and Sciences, The Lauder Institute, UPenn’s, Penn, “, University Locations: New York, Palestinian, Israel, Palestine, Austria, Philadelphia, American

☆ Billionaire Ronald Lauder threatens to stop Penn donations unless the school takes a stronger stance against antisemitism
▼ + stars: | 2023-10-17 | by ( Madeline Berg | ) www.businessinsider.com time to read: +6 min

Billionaire Ronald Lauder wrote a letter threatening to stop donations to the University of Pennsylvania. AdvertisementAdvertisementRonald Lauder, the billionaire Estée Lauder heir, wrote a searing letter to the University of Pennsylvania's president threatening to stop donations to the school if it doesn't take a stronger stance against antisemitism. "Those invited to the event had a history of not just strong anti-Israel bias, but outright antisemitism," he wrote. "The University did not, and emphatically does not, endorse these speakers or their views," Magill wrote in an email to the Penn community on Sunday. Lauder, who is worth $4.5 billion, per Forbes, has donated millions of dollars to Penn, as has his brother, Leonard.

Persons: Ronald Lauder, Lauder, —, Estée Lauder, Penn, Elizabeth Magill, Marc Rowan, Dick Wolf, Huntsman, David Magerman, Rowan, Magill, Steve Fluharty, Fluharty, Leonard, Batia Ofer, Israel's, Les Organizations: University of Pennsylvania, Service, University of, Apollo Global Management, Penn, Wolf Humanities Center, Ivy League, The Daily, Penn's Department of Arts and Science, University, Forbes, Institute, Wharton School, Penn Law, The Lauder Institute, Republican, Jewish, Harvard, Harvard's Kennedy School, University of Pennsylvania's Locations: Israel, Palestine, Penn, Cambridge

☆ How our stocks have performed since the bear market bottom a year ago — and the lesson learned
▼ + stars: | 2023-10-12 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +7 min

The S & P 500 closed at its bear market low a year ago Thursday — ending Oct. 12, 2022, at its lowest close since November 2020 . In hindsight, that dramatic turnaround was the start of a rally that saw the S & P 500 climb 22% from the close on Oct. 12, 2022, through Wednesday. Palo Alto Networks, meanwhile, has successfully pivoted to profitability, joining the S & P 500 as a result, and repeatedly demonstrated the quality of its cybersecurity platform. Indeed, an exchange-traded fund that gives each S & P 500 constituent the same influence — the Invesco S & P 500 Equal Weight ETF — has advanced only 11.2% since Oct. 12, 2022. Viewed through the top-heavy rally lens, though, it's not a surprise to see a number of Club stocks underperforming the S & P 500.

Persons: Jim Cramer, Jim, they're, That's, ChatGPT, Eli Lilly's, that's, There's, we've, it's, didn't, Estee Lauder, Jim Cramer's, Michael Nagle Organizations: Nvidia, Meta, Broadcom, Oracle, Microsoft, Facebook, Palo Alto Networks, Coterra Energy, Costco, Procter, Gamble, GE Healthcare, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: Mounjaro

☆ Here's a rapid-fire update on all 36 stocks in our portfolio, including our latest addition
▼ + stars: | 2023-10-11 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +16 min

Here's a rapid-fire update on all stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. After reducing expenses to improve margins on its retail business, Jim said it's on the right track. Costco Wholesale (COST): Costco remains one of Jim's favorite stocks in the entire our entire portfolio. Ford Motor (F): Jim expressed confidence in Ford CEO Jim Farley, as the targeted United Auto Workers strike approaches the one-month mark. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Jim, there's, it's, Bausch, we're, We've, Coterra, Dupont, We're, Nelson Peltz, Peltz, Estee Lauder, Patience, Fabrizio Freda, Emerson, Jim Farley, Ford, Locker, Mary Dillon, GEHC, Vimal Kapur, Bruce Broussard, Broussard, he's, Eli Lilly, Lilly, Mark Zuckerberg, Morgan Stanley, Morgan Stanley's, James Gorman, Laxman Narasimhan, Elliott, Stanley Black, Decker, Piper, Wells Fargo, Wells, Jim Cramer, Jim Cramer Rob Kim Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Federal Trade, Broadcom, VMWare, Bausch Health, Caterpillar, Costco Wholesale, Costco, Coterra Energy, Exxon Mobil, Natural Resources, Disney, ESPN, Hulu, Comcast, Emerson, National Instruments, Ford, United Auto Workers, Nike, GE Healthcare, Electric, GE, Honeywell International, Honeywell, Humana, Linde, LIN, Microsoft, Nvidia, Oracle, Alto Networks, cyberattacks, Palo Alto Networks, Procter & Gamble, Pioneer, Exxon, Constellation Brands, Elliott Management, FactSet, TJX, Marshalls, Wynn Resorts, WYNN, Jim Cramer's Charitable Locations: China, U.S, Maxx, Las Vegas, Boston, Macau, Asia

☆ Here's why Jim Cramer sees opportunity in the troubled stock of spice maker McCormick
▼ + stars: | 2023-10-03 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +1 min

McCormick (MKC) is increasingly becoming an attractive investment opportunity, CNBC's Jim Cramer said Tuesday, as shares of the spice maker sank after a mixed before-the-bell earnings report. McCormick shares, which ended 2019 at roughly $85 apiece, traded around $68 each Tuesday. If you like this story, sign up for Jim Cramer's Top 10 Morning Thoughts on the Market email newsletter for free. Overall, Cramer said he believes McCormick's business is doing well while acknowledging some pain points in the company's third-quarter results. The recent weakness in McCormick's stock may be tied to U.S. government bond yields reaching multiyear highs, Cramer suggested.

Persons: McCormick, CNBC's Jim Cramer, Covid, Cramer, Jim Cramer's, That's, Estee Lauder Organizations: Cramer's Charitable Trust, CNBC, Procter, Gamble, Constellation Brands Locations: China, Cramer's

☆ These are the top 4 Club stocks — and the bottom 4 — during the third quarter
▼ + stars: | 2023-09-30 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +11 min

Here's a look at the top four and bottom four Club stocks in the third quarter as Wall Street gears up for the first trading day of the fourth quarter on Monday. The winners LLY mountain 2023-06-30 Eli Lilly's stock performance in the third quarter. CAT mountain 2023-06-30 Caterpillar's stock performance in the third quarter. F mountain 2023-06-30 Ford Motor's stock performance since the end of the second quarter. In the first few weeks of the quarter, shares of the medical equipment giant actually edged higher, but its fortunes would turn significantly.

Persons: —, Eli Lilly, Eli Lilly's, Lilly, Wegovy —, Microsoft's, Locker, Mary, Jim Cramer, Dillon, Estee Lauder, we're, Fabrizio Freda, Stellantis, Ford, Jim, we've, there's, Foot Locker, GE Healthcare's, Jim Cramer's, Frederick Florin Organizations: Federal Reserve, Dow Jones, Nasdaq, Dow, Novo Nordisk, Investors, Caterpillar, Natural Resources, West Texas, Google, Microsoft, FL, Ford, United Auto Workers, UAW, General Motors, Detroit, GM, GE, GE Healthcare, CNBC, AFP, Getty Locations: U.S, WTI, Asia, Illinois, Estee Lauder, GOOGL, Fegersheim, France

☆ The first tour inside Manhattan's newest private club, with $100,000 membership fees
▼ + stars: | 2023-09-25 | by ( Robert Frank | ) www.cnbc.com time to read: +9 min

A rendering of a bar area at the Core Club, a private membership club in Midtown Manhattan. A rendering of a terrace at the Core Club, a private membership club in Midtown Manhattan. A rendering of the Core Club, a private membership club in Midtown Manhattan. A rendering of the Core Club, a private membership club in Midtown Manhattan. A rendering of a dining area at the Core Club, a private membership club in Midtown Manhattan.

Persons: Casa Cipriani, Zero, Aman, Casa, Jeff Zalaznick, We've, restauranteur Nick Jones, Jennie Enterprise, Bond, Scott Sartiano, Kim Kardashian, Pete Davidson, Gigi Hadid, Zalaznick, Chef Michele Brogioni, Giorgio Armani, Mauro Pompili, Stephen Schwarzman, Roger Goodell, Tory Burch, Steven Roth, Estee, William Lauder Organizations: ZZ's Club, Core, ZZ's, Major Food Group, Aman, Industry, Soho House, CNBC, Club Club, Club New York, Dangene Institute, Manhattan, Enterprise, Blackstone, NFL Locations: Manhattan, Midtown, New York, Los Angeles, Miami, Vicente, Midtown Manhattan, Hudson, Aman, York, U.S, London, Soho, Milan, San Francisco

☆ Slinky and sleek: Tom Ford’s much-hyped return to the Milan catwalk does not disappoint
▼ + stars: | 2023-09-22 | by ( Scarlett Conlon | ) edition.cnn.com time to read: +5 min

Milan, Italy CNN —A new dawn rose in Milan on Thursday evening as British designer Peter Hawkings made his hotly anticipated debut in the creative director chair at Tom Ford. Hawkings said the show was a moment he felt like he'd been preparing for "my entire life." “Tom handing over the baton obviously meant everything to me.”Ford's high-octane sex appeal was still present in this collection, designed by Hawkings. “It was important for (the Tom Ford) woman (to) come closer to the man, because I think there was a disconnect before.… due to Tom being in LA and the design team being here. Claudia Greco/ReutersThe decision to kick-start the Hawkings era in Milan made “total sense” he said.

Persons: Italy CNN —, Peter Hawkings, Tom Ford, Hawkings, Ford, Estee Lauder, Sharp, Claudia Greco, backless, Gwyneth Paltrow, he'd, Tom, ”, Louise Wilson, “ He’s, Reuters Hawkings, Whitney Bromberg, Donyale Luna, Andy Warhol, Richard Avedon, ” Bromberg, “ It’s, Gucci, Gucci’s, Sabato De Sarno, Tom Ford’s Gucci, “, I’ve Organizations: Italy CNN, Ford, Gucci, MTV, Central Saint Martins, Reuters, womenswear, Detroit -, Milan Fashion Locations: Milan, Italy, Central, London, LA, Detroit

☆ Monthly Meeting Q&A with Jim Cramer on 20 stocks in everything from tech to health care to retail
▼ + stars: | 2023-09-22 | by ( Paulina Likos | ) www.cnbc.com time to read: +11 min

Jeff Marks: The upcoming earnings report should be good considering how strong the beer business is doing. Jim Cramer: Estee Lauder CEO Fabrizio Freda was adamant that this quarter wouldn't be any good so everyone is selling it. (Ronald) Jim Cramer: There is no pressure that could pull oil down with the Saudi Arabia oil cuts and Russia export cuts. Jeff Marks: These oil stocks have become great hedges to inflation again, much like they were last year. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer's, Jeff Marks, Jim Cramer, Johnson, Arbitrageurs, Greg, There's, We're, Elliott Management's, I'd, Elliott, Morgan Stanley, Carey, we've, James Gorman, Jim, Estee Lauder, Fabrizio Freda, there's, Dave Cote, Darius Adamczyk, Vimal Kapur, Darius, hasn't, —, Ronald, Rick, We've Organizations: Investing Club, Broadcom, VMWare, AAA, Constellation Brands, Modelo, Elliott Management, Cisco, Palo Alto Networks, Honeywell, Morgan, Morgan Stanley Laguna, GE Healthcare, Natural Resources, Devon Energy, Halliburton, HAL, Costco, Walmart, Kirkland, CNBC Locations: Canada, Johnson, Mel , Pennsylvania, Manville, New Jersey, U.S, Carey , Virginia, Asia, Kyle , Wisconsin, PANW, Omar , Colorado, Saudi Arabia, buybacks, GEHC

☆ Thailand's new prime minister courts US companies for investment
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +2 min

Thailand's Prime Minister Srettha Thavisin speaks during a press conference after a weekly cabinet meeting at the government house in Bangkok, Thailand, September 13, 2023. REUTERS/Athit Perawongmetha/File Photo Acquire Licensing RightsBANGKOK, Sept 22 (Reuters) - Thailand's new Prime Minister Srettha Thavisin met with U.S. companies including Microsoft (MSFT.O), Google (GOOGL.O), and Estee Lauder (EL.N) in his first trip abroad since coming to power last month, looking to draw investment to boost a flagging economy. The prime minister also held talks with banks. "To service foreign investments, we will need financial institutions ... Goldman Sachs (GS.N) said they will consider setting up an office in Thailand," Srettha said. In the first six months of 2023, investment pledges to Thailand rose 70%, driven by Chinese auto investors.

Persons: Srettha Thavisin, Athit, Estee Lauder, Srettha, I've, Tesla, Elon Musk, Goldman Sachs, Chayut Setboonsarng, Lincoln Organizations: Thailand's, REUTERS, Rights, U.S, Microsoft, Google, General Assembly, Thomson Locations: Bangkok, Thailand, Rights BANGKOK, New York

☆ Here's a rapid-fire update on all 35 stocks in the Club's portfolio, including a new buy
▼ + stars: | 2023-09-21 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +12 min

Here's a rapid-fire update on all stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. But for investors who haven't bought into its steep pullback, it's reasonable to buy some shares at current levels around $146.50 each. Unless you believe inflation is going to keep raging, making Microsoft's price-to-earnings multiple too high, then this stock is a buy. Nvidia (NVDA): Investors who don't own Nvidia yet should use its recent weakness to start a position, Jim said. Pioneer Natural Resources (PXD): We decided to buy additional Pioneer shares Thursday as the stock fell more than 2%.

Persons: Jim Cramer's, Jim, Amazon, he's, could've, We're, Jefferies, it's, we'd, Dupont De Nemours, That's, Dupont, Danaher, Bob Iger, Estee Lauder, haven't, Locker, Marry Dillon, Leqembi, Eli Lilly's donanemab, Vimal Kapur, Eli Lilly, Mark Zuckerberg, Morgan Stanley, Morgan, we're, James Gorman, Oracle, Safra Catz, Elliott, Stanley Black, Decker, TJ Maxx, Wells Fargo, Wells, Wynn, Jim Cramer Rob Kim Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Web Services, Broadcom, Google, Bausch Health, Health, Caterpillar, Costco Wholesale, Costco, Coterra Energy, Coterra, Emerson, National Instruments, Ford, United Auto Workers, GE Healthcare, Honeywell International, Honeywell, Linde, LIN, Mounjaro, Meta, Microsoft, Nvidia, Oracle, Palo Alto Networks, Procter & Gamble, Natural Resources, Starbucks, Constellation Brands, Constellation, Elliott Management, TJX, Marshalls, Wynn Resorts, WYNN Locations: China, India, Dupont, Emerson, Meta, Beijing, HomeGoods

☆ Thailand's New Prime Minister Courts US Companies for Investment
▼ + stars: | 2023-09-21 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +1 min

BANGKOK (Reuters) - Thailand's new Prime Minister Srettha Thavisin met with U.S. companies including Microsoft, Google, and Estee Lauder in his first trip abroad since coming to power last month, looking to draw investment to boost a flagging economy. That is a challenge for Srettha, who is aiming to grow Southeast Asia's second-largest economy by 5% each year. The prime minister also held talks with banks. "To service foreign investments, we will need financial institutions ... Goldman Sachs said they will consider setting up an office in Thailand," Srettha said. In the first six months of 2023, investment pledges to Thailand rose 70%, driven by Chinese auto investors.

Persons: Srettha Thavisin, Estee Lauder, Srettha, I've, Elon Musk, Goldman Sachs, Chayut Setboonsarng, Lincoln Organizations: U.S, Microsoft, Google, General Assembly, Tesla Locations: BANGKOK, Thailand, New York

☆ Billionaire Ronald Lauder, others to return art to heirs of collector killed by Nazis
▼ + stars: | 2023-09-20 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Ronald Lauder, heir to the Estee Lauder cosmetics fortune and president of the World Jewish Congress, is seen on Sept. 21, 2022. The billionaire Ronald Lauder has agreed to return a piece of art looted by Nazis from a collector who was later killed in a concentration camp. Lauder, the heir to the Estee Lauder cosmetics fortune and a Republican megadonor, also is the president of the World Jewish Congress. Grunbaum acquired a collection of 81 Schiele works before he was arrested in Austria in 1938 by the Nazis. Lauder acquired the artwork "through an art dealer decades after it was misappropriated" by the Nazis, his spokesperson said.

Persons: Ronald Lauder, Lauder, Egon Schiele's, Fritz Grunbaum, Grunbaum, Fritz Grünbaum's Organizations: World Jewish, Manhattan District, Republican, Nazis Locations: Austria, Dachau, Germany

☆ These are the 11 sectors that comprise the S&P 500 — and the stocks we own in each
▼ + stars: | 2023-09-17 | by ( Paulina Likos | ) www.cnbc.com time to read: +28 min

.GSPF YTD mountain S & P 500 Financials Sector YTD performance Club stocks in the Financials sector: Morgan Stanley ( MS): The bank's services include investment banking, wealth management and investment management. Communication Services Sector market weight: 8.85% Market cap: $3.3 trillion YTD performance: up 44.5% Industries: Diversified telecommunication services; entertainment; interactive media & services; media; wireless telecommunication services. .GSPTS YTD mountain S & P 500 Communication Services Sector YTD performance Club stocks in the Communication Services sector: Walt Disney (DIS): The entertainment giant reported another mixed quarter last month, even against low expectations. Real estate Sector market weight: 2.44% Market cap: $909 billion YTD performance: up 0.9% Industries: Equity real estate investment trusts; real estate management & development. .SPLRCR YTD mountain S & P 500 Real Estate Sector YTD performance While we don't own any real estate stocks, investors have historically invested in the sector for its reliable cash flow from income-generating properties.

Persons: Jim Cramer's, Jim, Salesforce, reenergized, Marc Benioff, Wolfe, Palo, Eli Lilly, Cantor Fitzgerald, Bausch, bioprocessing, Morgan Stanley, Morgan Stanley's, Eaton Vance, Wells Fargo, Wells, TJX, Wynn, Locker, We've, Mary Dillon, Walt Disney, Bob Iger's, Emerson, Davidson, Vimal Kapur, Stanley Black, Decker, Estee Lauder, Gillette —, Elliott, Coterra, Linde, Jim Cramer, Mandel Ngan Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Technology Sector, Industries, Communications, Technology, Information Technology, Apple, Wedbush Securities, Microsoft, UBS, Deutsche Bank, Nvidia, Broadcom, VMware, Palo Alto Networks, Wolfe Research, Palo Alto, Oracle, Mizuho, Amazon Web Services, Google, Health Care, Biotechnology, Health, Bausch Health, Leerink Partners, GE Healthcare Technologies, General Electric, GE, Financials, Bank of America, United Auto Workers, Detroit, Ford, Starbucks, TJX, Marshalls, Wynn Resorts, WYNN, Communication Services, Communication, Hollywood, Charter Communications, Disney, JMP Securities, Facebook, Industrials, Aerospace, Emerson, Caterpillar, Honeywell, Consumer Staples Sector, Consumer, Consumer Staples, Costco Wholesale, Procter & Gamble, Gillette, Constellation Brands, Corona, Modelo, Pacifico, Elliott Management, Energy Sector, Energy, Coterra Energy, Natural Resources, West Texas, Utilities Sector, Electric, Companies, Sempra Energy, Materials, Chemicals, Linde, LIN, DuPont, Sector, Equity, Real, Jim Cramer's Charitable, New York Stock Exchange, AFP, Getty Locations: U.S, FactSet, bioprocessing, Wells Fargo, China, Maxx, Macao, Asia, Pacifico —, California, Texas

☆ Stocks making the biggest moves midday: General Motors, Stellantis, Planet Fitness, Adobe and more
▼ + stars: | 2023-09-15 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

Nucor — The steelmaker fell 6.1% after offering worse-than-expected guidance for third-quarter earnings, with the company pointing to pricing and volume challenges. Core & Main — The infrastructure stock retreated 4.1% a day after it announced a secondary stock offering. The bank said Apellis has a favorable risk/reward ahead of third-quarter earnings. The Wall Street firm said the resumption of loan repayments introduce bookings risk to food delivery. The Wall Street firm said its pessimistic outlook was changing despite recent underperformance in the reinsurance space.

Persons: Stellantis, Chris Rondeau, Rondeau, Craig Benson, Nucor, Raymond James, Needham, Charles Shi, Lam, Goldman Sachs, Apellis, MoffettNathanson, Estée Lauder, Goldman, Yun Li, Jesse Pound, Samantha Subin, Pia Singh, Brian Evans, Lisa Kailai Han Organizations: UAW, General Motors Wentzville, General Motors, Ford, United Auto Workers began, Workers, CNBC, LSEG, PTC Therapeutics, Medicines Agency's, Medicinal Products, Arm, Investment, Bloomberg News, Apple, Dexcom, ASML Holding, Lam Research, Taiwan Semiconductor, Adobe, Bank of America, JPMorgan, Apellis Pharmaceuticals, Waste Systems Locations: Wentzville , Missouri, New Hampshire, Wells, underperform

☆ Top 10 things to watch in the stock market Friday
▼ + stars: | 2023-09-15 | by ( Zev Fima | ) www.cnbc.com time to read: +3 min

Adobe (ADBE) is seeing a slew of price target hikes on the back of a very good fiscal third report. 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. 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: Stellantis, Morgan Stanley, Moffett Nathanson, Estee Lauder, Jim Cramer's, Jim Cramer, Jim Organizations: Dow, Nasdaq, Adobe, The United Auto Workers, General Motors, Chrysler, Ford, UAW, NYSE, Barclays, Club, Microsoft, Oracle, HSBC, Jim Cramer's Charitable, CNBC Locations: what's

☆ Here are Friday's biggest analyst calls: Apple, GM, Amazon, Zoom, Arm, Rivian, Ford, Deere & more
▼ + stars: | 2023-09-15 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

HSBC initiates Zoom as buy HSBC said Zoom is the leader in video conferencing. HSBC initiates Deere as buy HSBC said in its initiation of Deere that it sees "upside in the cycle." HSBC initiates Salesforce as buy HSBC said in its initiation of the stock that it's a "margin expansion story." HSBC initiates Snowflake as buy HSBC said Snowflake is well positioned for AI. HSBC initiates Oracle a buy HSBC said in its initiation of Oracle it likes the company's cloud platform.

Persons: Morgan Stanley, Rivian, it's, TD Cowen, Needham, Piper Sandler, Piper, KEY's, Lauder, Redburn, Wolfe, Goldman Sachs, Goldman, Casella, Zoom, Snowflake, Northcoast, Apple, Salesforce, Ford Organizations: Bank of America, underperform Bank of America, HSBC, Anheuser, Busch InBev, UBS, WWE, UFC, Systems, Moffett, Deere, Oracle, of America, Amazon, Apple, Lenovo, Adobe, General Motors, Ford, GM, UAW Locations: Americas, 2H23, North America, U.S, China

☆ My Favorite Primer Is Like a Magic Eraser for Fine Lines
▼ + stars: | 2023-09-11 | by ( Lisa Lombardi | ) www.wsj.com time to read: +3 min

I like to keep my beauty routine super simple, so my take always was: But it’s an extra step! The best part came next: My usual foundation glided on top of the primer and almost hovered above my skin without sinking into my (let’s call them fine) lines. I love that the primer solves an annoying beauty problem: foundation drying on the skin and turning cakey as the day goes on. (Or explore new entries to the line, Vitamin Enriched Skin Tint With SPF 15 and Pressed Powder, which are on my shopping to-do list.) But if you have normal or dry skin and want your makeup to last and not turn too matte, it’s a real find.

Persons: Lisa Lombardi, hadn’t, Bobbi Brown’s, shea, Barbara Sturm, Bobbi Brown, I’m, Estée Lauder, you’re

☆ Cramer: These things could soon break the bulls' way, plus 4 stocks to buy
▼ + stars: | 2023-09-10 | by ( Jim Cramer | ) www.cnbc.com time to read: +6 min

If you don’t know a soul that is bullish — and I mean flat-out positive — you may need some new friends. I say I am a naked opportunist and I feel naked and alone right now in saying we might have a bunch of things that could break the bulls' way. 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. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: —, We’ve, sotto, Shawn Fain, Leon Trotsky, Fain, Lululemon, LULU, Robert Bradway, Amgen, Lina Khan, Khan, Trump, Estee Lauder, Morgan Stanley, Jim Cramer's, Jim Cramer, Jim, Virginia Sherwood Organizations: Federal Reserve, Softbank's Arm Holdings, United Auto Workers, UAW, Federal Trade, Activision Blizzard, Horizon Therapeutics, FTC, Apple, GE HealthCare, Disney, Bausch Health, Honeywell, Jim Cramer's Charitable, CNBC, NYSE Locations: Russian, U.S, Wells

☆ Here's our second-quarter earnings report card for 34 stocks in the portfolio
▼ + stars: | 2023-09-06 | by ( Zev Fima | ) www.cnbc.com time to read: +15 min

Eli Lilly not only reported a stellar second quarter, management was able to raise its full-year sales and adjusted earnings outlook as well. Though revenues were a tad short, earnings results were better than expected on a both a HAAP and adjusted basis. Constellation Brands' (STZ) sales and earnings results outpaced expectations. DuPont (DD) reported a good quarter prior to us initiating a position in the name. But the slight comparable-sales miss in North America prompted questions about the company's ability to hit its long-term targets of 10% to 12% revenue growth and 15% to 20% earnings growth.

Persons: That's, Eli Lilly, Mounjaro, Morgan Stanley, Stanley Black, Decker, it's, Wells Fargo, Sartorius, Estee Lauder, We're, Jim Cramer's, Jim Cramer, Jim, Hsun Huang, Patrick T Organizations: Procter, Gamble, TJX, Federal Reserve, Club, Costco, Emerson Electric, Humana, Oracle, Alto Networks, billings, Companies, Wynn Resorts, WYNN, North, Broadcom, Constellation Brands, DuPont, Ford, GE Healthcare Technologies, Linde, LIN, Microsoft, Natural Resources, Procter & Gamble, —, Health, Coterra Energy, Disney, Starbucks, Jim Cramer's Charitable, CNBC, Nvidia Corp, Mobile, Fallon, Bloomberg, Getty Locations: China, Macau, North American, DuPont's, India, North America, Los Angeles , California

☆ Get Ready for the New Gucci, and Other Surprises of the Fashion Season
▼ + stars: | 2023-09-05 | by ( Vanessa Friedman | More About Vanessa Friedman | ) www.nytimes.com time to read: +1 min

After seasons of relative calm and predictability (some might say stultifying sameness), Milan has become the city to watch, with the two debuts of the season. First up: Sabato De Sarno at Gucci. Then there’s Peter Hawkings, another longtime deputy, who became the creative director of Tom Ford in April after the brand was sold to Estée Lauder and Mr. Ford stepped down. Mr. Hawkings worked beside Mr. Ford for decades, and judging by his official portrait, is very much in the mold of his mentor (down to the tinted aviators). The result is pretty much guaranteed to remind of us what we lost when we lost the very talented Mr. Moschino at only 44 in 1994 and why brand founders really matter.

Persons: Sabato De Sarno, Gucci, Valentino, Alessandro Michele, Peter Hawkings, Tom Ford, Estée Lauder, Ford, Hawkings, Jeremy Scott, — Katie Grand, Carlyne Cerf, Dudzeele, Gabriella Karefa, Johnson, Lucia Liu —, Moschino Organizations: Mr Locations: Milan

☆ The Club had a busy week of trades as the stock market recovered. Here's a run-down
▼ + stars: | 2023-09-01 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

The Club purchased 100 shares of Estee Lauder, at $154.11 each, bringing Estee Lauder's weighting in the portfolio to 2.32%, up from from 1.77%. The Club purchased 145 shares of GE HealthCare Technologies (GEHC), at $68.75 apiece, bringing its portfolio weighting to 2.66%, up from from 2.31%. The Club purchased 120 shares of Walt Disney (DIS), at $83.61 apiece, increasing its portfolio weighting to 3.89%, up from 3.55%. With the stock down nearly 6% midmorning Friday, the Club added 17 more shares , at $870.85 each, increasing the company's portfolio weighting to 2.02%. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Estee Lauder, Walt Disney, Bob Iger's, Jim Cramer's, Jim Cramer, Jim, Angela Weiss Organizations: Club, The, Devices, Broadcom, AMD, Nvidia, The Club, GE HealthCare Technologies, Management, Walt, Starbucks, Emerson Electric, Emerson, VMWare, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, AFP, Getty Locations: Here's, China, U.S, New York City

And, in the meantime, our China-focused names are poised to ride out the storm, while finding alternate routes to growth. Beyond the housing-sector woes, manufacturing activity is shrinking, a youth unemployment crisis is a ballooning, and consumer spending remains sluggish. With these macroeconomic headwinds holding back growth for some of the Club's key holdings, here's why we're sticking with these China-exposed names — and how each is responding. 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 .

Persons: Jim Cramer, Lauder, Estee Lauder, we're, Tim Cook, That's, Bernstein, WYNN, Wynn, Stifel, Jim Cramer's, Jim, Yan Daming Organizations: Wall, Research, CNBC, Big Tech, Starbucks, Wynn Resorts, WYNN, Wynn, Visual China, Getty Locations: China, Beijing, Asia, Pacific, Hainan, India, Taiwan, Hong Kong, Americas, Europe, U.S, Macao, Wynn, Nanjing, Shanghai

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