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☆ Roger Daltrey thinks the internet has ruined concerts and he is ‘sick of it’
▼ + stars: | 2024-06-11 | by ( Lisa Respers France | ) edition.cnn.com time to read: +1 min

CNN —Dear internet, The Who’s Roger Daltrey has a bone to pick with you. In a recent interview with Billboard, the singer declined to share the set list for his upcoming nine-date North American concert tour which kicks off Wednesday in Vienna, Virginia. “I’m not gonna talk about songs,” Daltrey told the publication. “The Internet’s ruined the live shows for me,” he said. I can’t stand it.”When it was suggested that concertgoers, perhaps, want to know the set list ahead of time to schedule bathroom breaks, Daltrey had a cheeky response.

Persons: Roger Daltrey, “ I’m, ” Daltrey, ”, “, what’s, concertgoers, Daltrey Organizations: CNN, Billboard, Hall of Fame Locations: Vienna , Virginia, London

☆ There's a 'renaissance' coming for boring stocks. Here's how investors can position to take advantage, according to BofA.
▼ + stars: | 2024-06-11 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

Bank of America predicts large-cap value stocks will start to outperform growth stocks. AdvertisementThe most boring area of the stock market is poised for a "renaissance" of outperformance, according to Bank of America. AdvertisementA hard landingAnother scenario in which value stocks should outperform is if the economy experiences a hard landing. That would likely lead to a sharp sell-off in growth-oriented stocks and the relative outperformance of value stocks. A world of structurally higher rates and inflation should bolster value stocks," Bank of America said.

Persons: —, Savita Subramanian, corporates, Banks, Ebrahim Poonawala, Consumer Staples, Staples, Subramanian Organizations: of America, Bank of America, Service, Equity, " Utilities, Energy, Banks, Consumer

☆ Andy Sieg is quickly shaking up Citi's wealth business. At least 21 senior execs have left since his arrival.
▼ + stars: | 2024-06-10 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +6 min

But the leadership of its ailing wealth unit is continuing to undergo major changes under its new boss Andy Sieg. Citi's wealth unit has seen at least 21 senior executives exit since Merrill Lynch veteran Sieg joined in September. The latest is Julia Carreon, global head of wealth platform and experiences. Sieg also plans to expand Citi's already successful wealth business in Asia. Here is our running list of senior departures from Citi Wealth.

Persons: —, Andy Sieg, Merrill Lynch, Sieg, Julia Carreon, Naz Vahid, Carreon, David Bailin, Fraser, Andy, Mark Mason, Shyam Sambamurthy, Merrill, Don Plaus, Hale Behzadi, Dawn Nordberg, Morgan Stanley, Citi David, Francesco Bertoni, Alfonso Camacho Bustillo, Hoyt, Paul Hodes, Robert Hoffman, Keith Lee Hong, Li, Liu, Fernando Lopez Munoz, Alex Marshall, Eduardo Martinez Campos, Luigi Pigorini, Fernando Senso, Jeff Sutton, Naz, Vahid, Eduardo, Seamus Yin, Hayley Cuccinello Organizations: Service, Citi, Citi Wealth, Business, Bankers, Citi Global Wealth, North America, Francesco Bertoni EMEA, Hoyt Gier Global, South, Asia, Fernando Lopez Munoz Head, Tate, Eduardo Martinez Campos Head, Mark Mills Regional, Fernando Senso Castilla Global, Jeff Sutton Global, Eduardo Ventura, West Locations: Asia, Hong Kong, Singapore, Paul Hodes Asia, South Asia, Keith Lee Hong Kong, Asia Pacific, Shyam Sambamurthy South Asia, Fernando Senso Castilla, America, West China, hcuccinello@businessinsider.com

☆ Will Smith is officially forgiven with 'Bad Boys: Ride or Die'
▼ + stars: | 2024-06-10 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +6 min

"Bad Boys: Ride or Die" was the No. AdvertisementSmith pulled off his comeback by laying low and focusing on the movieWill Smith and Martin Lawrence in "Bad Boys: Ride or Die." He only returned to social media again while making "Bad Boys: Ride or Die." AdvertisementWith Smith focusing solely on the movie, fans were reminded again of Will Smith, the movie star, not Will Smith, the maybe-still-controversial celebrity. Suddenly, Marcus slaps Mike across the face, screaming, "Bad boy, Mike, bad boy!!"

Persons: —, Will Smith's, Will Smith, Serena, Venus Williams, King Richard, he'd, Chris Rock, Jada Pinkett, Smith, Chris Pizzello, Oppenheimer, It's, Bob Bagby, Martin Lawrence, Paul Dergarabedian, Weeks, Lawrence, influencers, Max, Guy, Mike, Marcus, Brian Schultz Organizations: Service, Business, Dolby Theatre, B, Dallas, American, Miami, Sony, Apple, NBA, LOOK Locations: Los Angeles, Crenshaw

☆ Rex Heuermann: Inside the document prosecutors say the accused Gilgo Beach serial killer used to ‘plan out his kills’
▼ + stars: | 2024-06-09 | by ( Ramon Sanchez | Ray Sanchez | ) edition.cnn.com time to read: +9 min

Details of the content of the document come from the latest bail application from prosecutors. DNA evidence initially linked him to a hair found on the burlap sack where Waterman’s remains were found. The 60-year-old architect was surprised by the latest charges, Heuermann attorney Michael Brown said after the defendant appeared in an eastern Long Island courtroom. The bail application said a tattoo on Taylor’s torso had been mutilated with a sharp object. It recommended the use of heavier rope since lighter types “broke under the stress of being tightend,” the bail application said.

Persons: Rex Heuermann, “, ” criminologist, Scott Bonn, Heuermann, Jessica Taylor, Sandra Costilla, “ I’ve, Raymond Tierney, ”, Casey Jordan, ” “, ” ‘, Melissa Barthelemy, Megan Waterman, Amber Costello, Maureen Brainard, Barnes –, ” Heuermann, ” Tierney, Taylor, Costilla’s, Michael Brown, Brown, ” Brown, Tierney, ” Jordan, “ Heuermann, Dennis Rader, Rader, “ We’re, We’re, Said Jordan, ” CNN’s Mark Morales, Brynn Gingras, Carolyn Sung, Samantha Beech Organizations: CNN, Long, Heuermann, Force, ”, Cub Scout Locations: New York, ” Suffolk County, Bonn, Manhattan, Long, ” Bonn, Suffolk County

☆ With EVs, Honda may be North America's most committed automaker, for the moment
▼ + stars: | 2024-06-09 | by ( Kevin Williams | ) www.cnbc.com time to read: +6 min

While missing a host of brands, this year's edition of the Los Angeles Auto Show debuted a range of new models. But at least one automaker says it is ramping up its North American EV strategy in 2024: Honda Motor Company. Honda's EV moves come against the backdrop of EV pullbacks from other major auto manufacturers; and in some cases, shelved EV plans altogether. GM itself is playing a key role in the first mass-market EV Honda is introducing, the Prologue. The All-Electric Acura ZDX is displayed during the 2023 Los Angeles Auto Show at the Los Angeles Convention Center on November 24, 2023 in Los Angeles, California.

Persons: Josh Lefkowitz, Ford, Bob Nelson, Nelson, BEV, It's, Honda, Cliff Banks, Banks, Mary Barra, Jenni Newman, Kelley Blue, Tesla, Newman Organizations: Angeles Auto, Los Angeles Convention Center, Los Angeles Auto, Getty, Honda Motor Company, Canadian EV, pullbacks, GM, American Honda Motor Co, Honda, EVs, Banks, Auto, NBC News, EV Honda, Acura, Subaru Locations: Los Angeles , California, Canadian, Ohio, American, Canada

☆ He was the first person to be diagnosed with a new sleep disorder. It led to a scientific breakthrough
▼ + stars: | 2024-06-08 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +8 min

Five years earlier, Dorff had become the first patient diagnosed with an unusual disease called rapid eye movement sleep behavior disorder, or RBD. By 1986, Schenck and his team had published their first paper on the newly discovered sleep disorder. RBD can affect women, tooLewy body dementia can refer to two different types of dementia: Parkinson’s disease dementia and dementia with Lewy bodies, which both affect cognition. Called the North American Prodromal Synucleinopathy Consortium, the research hopes to identify potential treatments for rapid eye movement sleep behavior disorder and slow its progression into Parkinson’s and dementia. Seek medical treatment if violent dreams beginAs a child, Donald Dorff shared a room with three brothers and never had any signs of a sleep disorder.

Persons: Donald Dorff, “, ” Dorff, Dorff, There’s, ”, Carlos Schenck, ” Schenck, Schenck, Lewy, Parkinson’s, you’ve Organizations: CNN, Geographic, Sleep Disorders, Hennepin County Medical, University of Minnesota, Johns Hopkins Medicine, RBD Locations: Golden Valley , Minnesota, Minnesota, Minneapolis, Hennepin, United States

☆ Here are Friday's biggest analyst calls: Nio, Nvidia, UPS, Amazon, Oracle, Lyft, Microsoft, Walmart, Exxon, Netflix, AT&T & more
▼ + stars: | 2024-06-07 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

We reiterate our Buy rating." Deutsche Bank reiterates Adobe as buy Deutsche said it's sticking with its buy rating ahead of earnings next week. Loop reiterates Best Buy as buy Loop said it's sticking with its buy rating on the stock. "We maintain our above consensus Best Buy estimates, reiterate our Buy rating, and are raising our price target to $100 from $93." Morgan Stanley reiterates Walmart as overweight Morgan Stanley said it's standing by its overweight rating on the stock.

Persons: Oppenheimer, Wells, it's, TD Cowen, Wolfe, NVDA, Morgan Stanley, Nio, BTIG, Ally, Mizuho, JPMorgan, JPMorgan downgrades Vail, Lynch Organizations: Oppenheimer, UPS, Amazon Web Services, Nvidia, Norfolk Southern & Union Pacific, Union Pacific, Norfolk, Microsoft, Deutsche Bank, Deutsche, Colgate, Palmolive, China EV, Oracle, Adobe, JPMorgan, United Rentals, Barclays, Netflix, Vail, Exxon, " Bank of America, of America, underperform Bank of America, Bank of America, 3M, Citi, AT, Unilever

☆ Scientists finally think they know where the most dangerous part of this US earthquake zone is and it's bad news for Washington
▼ + stars: | 2024-06-07 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +6 min

Read previewHidden off the US Western shore, beneath the Pacific Ocean, is the Cascadia Subduction Zone. The results will help scientists assess earthquake and tsunami risk for this region, including one particularly vulnerable state: Washington. How the Cascadia Subduction Zone causes earthquakesIn the Cascadia Subduction Zone, the Juan de Fuca plate is slowly subducting under North America. The Cascadia Subduction Zone can produce even larger, more dangerous quakes. Additionally, understanding that Cascadia is broken up into segments is key to assessing earthquake hazard, Watt said.

Persons: —, Suzanne Carbotte, Bruce, Lamont, Carbotte, Juan de Fuca, Juan, Fuca, de Fuca, it's, Chris McGrath, Janet Watt, Watt Organizations: Service, Business, Columbia University, US, Survey Santa Cruz Locations: Cascadia, Washington, US West Coast, North America, America, Japan, Gaziantep, Turkey, Oregon, British Columbia

☆ Why a five-day return to office is unlikely, Stanford economist says
▼ + stars: | 2024-06-06 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

The five-day, in-office workweek is antiquated for a large share of workers, a relic of the pre-pandemic job market. "Remote work is not going away," said Nick Bloom, an economics professor at Stanford University who studies workplace management practices. Remote work is not going away. Nick Bloom economics professor at Stanford UniversityHis research suggests workers value hybrid work about the same as an 8% raise. 'Firms care about profits, not productivity'In addition, hybrid work doesn't appear to have any negative impact on workers' productivity, Bloom said.

Persons: Justin Paget, Digitalvision, Nick Bloom, workdays, lockdowns, Nick Bunker, Martin, Bloom, Bunker, it's, flexibly Organizations: Stanford University, Research, Finance, Employers, U.S, McKinsey, University of Pittsburgh

☆ Lululemon dominated the pricey athleisure market for years. Now it faces big competition
▼ + stars: | 2024-06-05 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +5 min

The departure of the company’s chief product officer adds to a “wall of worry” Raymond James analysts said. Choe joined Lululemon more than seven years ago and became chief product officer in 2018, according to her LinkedIn. “I think that there’s a lot of people out there who believe that she was the person behind the scenes and was the most instrumental to Lululemon’s success,” Nikic said. Lulu has been “hyper aware” of dupe culture, Nikki Neuburger, then its Chief Brand Officer, previously said in an interview with CNN Business. However, Lululemon wasn’t stocked enough in these smaller sizes, which could have led these younger shoppers to competitors, Nikic said.

Persons: New York CNN —, Lulu, Alo, –, Sun Choe, ” Raymond James, Choe, Raymond James, Tom Nikic, “, ” Nikic, Mike Kemp, Vuori, Nikki Neuburger, Hailey Bieber, Martha Stewart, Lululemon, Nikic, Calvin McDonald, Samsul Said Organizations: New, New York CNN, preteens, Nike, Wall, Vans, CNN, Jefferies, CNN Business, Shoppers, Bloomberg, Getty Locations: New York, athleticwear, Covent, London, United Kingdom, Los Angeles, preteen, Bukit Bintang, Kuala Lumpur, Malaysia, China

☆ Ford EV and hybrid sales surge 65% in May
▼ + stars: | 2024-06-04 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

DETROIT – Ford Motor's U.S. new vehicle sales rose 11.2% last month compared with May of last year, boosted by strong sales growth for all-electric and hybrid models. The Detroit automaker on Tuesday reported roughly 65% increases in sales of both hybrid and all-electric vehicles. The boost to EV sales is a conundrum for investors. The spike in hybrid sales is part of Ford's plan to double down on the technology. Ford reported total year-to-date U.S. sales through May of 877,685 units, up 5.6% compared with the same time period in 2023.

Persons: DETROIT –, Ford Organizations: New York, DETROIT, DETROIT – Ford Motor's U.S, Detroit, EV, Ford

Tickets for "This Is Me... Live" are now on sale, and we've put together a guide on how to buy Jennifer Lopez tickets at the best prices. Jennifer Lopez 2024 tour scheduleJennifer Lopez's 2024 tour will kick off on June 26 in Orlando, Florida. How to buy tickets for Jennifer Lopez's 2024 concert tourYou can purchase original tickets to Jennifer Lopez's tour on Ticketmaster. Jennifer Lopez tickets are also available through resale websites like StubHub and Vivid Seats, which offer more variety in pricing. How much are Jennifer Lopez tickets?

Persons: Jennifer Lopez, Lopez, we've, Ben Affleck, J, Lo, we'll, We've, Jennifer Lopez's, Frankie J, StubHub Organizations: Business, Ticketmaster, American, Party, FL, AZ, San, Boston, Vivid Locations: Orlando , Florida, New York , New York, Orlando, Miami, Austin, Edinburg, TX, San Antonio, Dallas, Phoenix, Inglewood, CA, Anaheim, San Francisco, Sacramento, Vegas, Denver, Tulsa, Rosemont, IL, Indianapolis, Pittsburgh, Detroit, MI, Toronto, Canada, Montréal, Elmont, NY, Newark, NJ, Philadelphia, Washington, York, Dallas , TX, Edinburg , TX, North America, Cleveland, Nashville, Raleigh, Atlanta, Tampa , New Orleans, Houston, New York City, Houston , Texas

We've got you covered if you're looking for how to get tickets to Childish Gambino's 2024 tour. Childish Gambino 2024 North American tour scheduleChildish Gambino's world tour kicks off on August 11, 2024, and will end on February 11, 2025. How to buy tickets for Childish Gambino's 2024 concert tourYou can buy original tickets to see Childish Gambino's 2024 tour on Ticketmaster. Compared to similar touring acts, prices for tickets to Childish Gambino's 2024 concerts are fairly reasonable. There are already 27 international dates scheduled for Childish Gambino's 2024 tour.

Persons: Childish Gambino, Donald Glover, Mrs Smith, King, Glover, Bando Stone, Childish Gambino's, We've, Childish, StubHub, Willow Organizations: Business, FL, UT, AZ, IL, Ticketmaster, StubHub, North Locations: Atlanta, Oklahoma City , Oklahoma, Perth, Australia, North America, Europe, New Zealand, Oklahoma, Kansas City, Milwaukee, Columbus, Detroit, MI, Toronto, ON, Canada, Pittsburgh, Philadelphia, Boston, Uncasville, Brooklyn, NY, Washington, Raleigh, NC, Nashville, TN, Tampa, New Orleans, LA, Houston, Austin, Dallas, Denver, Salt Lake City, Phoenix, Los Angeles, CA, San Francisco, Vancouver, BC, Portland, Seattle, WA, Calgary, AB, Edmonton, Paul, Chicago, Lyon, France, Milan, Italy, Cologne, Germany, Hamburg, Oslo, Norway, Copenhagen, Denmark, Prague, Czech Republic, Berlin, Paris, Munich, Brussels, Belgium, Amsterdam, Netherlands, Manchester, England, Glasgow, Scotland, London, Birmingham, Dublin, Ireland, Auckland, Brisbane, Sydney, Melbourne, Los Angeles ,, Oceania

☆ 'Heartsick' Jennifer Lopez cancels upcoming summer tour to spend time with family
▼ + stars: | 2024-06-01 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewJennifer Lopez has announced her decision to cancel her upcoming North American tour to spend more time with her family, telling her fans she is "devastated" about letting them down. The tour was going to be the singer's first live tour since her "It's My Party" tour in 2019. Dimitri Hakke/Getty ImagesAs Variety noted, by April, the tour had been rebranded to "This Is Me... Live: The Greatest Hits." 👏#JLo #AtlasEnMX pic.twitter.com/r2VX3XsXwi — Glamour Mex y Latam (@GlamourMex) May 23, 2024Lopez's costar, Simu Liu, intervened, responding: "OK, we're not doing that."

Persons: —, Jennifer Lopez, Jennifer, Lopez, Dimitri Hakke, Ben Affleck, México, 👏# J, lamour Organizations: Service, Business, Ticketmaster, Party, Entertainment, Hollywood Locations: Orlando, Houston, Mexico City, estreno

☆ 2024 men’s T20 World Cup: boasting over a billion fans, cricket arrives on the shores of the US
▼ + stars: | 2024-06-01 | by ( Ben Morse | ) edition.cnn.com time to read: +6 min

And now, 180 years later, international cricket returns to the US with the men’s T20 World Cup. Three venues across the country – in Lauderhill, Florida, New York and Dallas – have been constructed to host T20 World Cup games. The Grand Prairie Cricket Stadium in Dallas, Texas, will host the first game of the men's 2024 T20 World Cup. The Kensington Oval in Bridgetown, Barbados, will host the men's T20 World Cup final. How to watchThe 2024 men’s T20 World Cup begins on Saturday, June 1, with the two North American debutants – the US and Canada – opening proceedings against one another.

Persons: cricket’s, –, US –, Dallas –, Lauderhill, Shelby Tauber, ” Victor Cruz –, New York Giants –, Monank Patel, Corey Anderson, Anderson, Ali Khan, Khan, “, Brian Lara, Viv Richards, Chris Gayle, Randy Brooks, St, Vincent, “ I’ve, Frank Nsubuga, Joel Ford, ” Organizations: CNN — Cricket, Major League Cricket, US, Dallas, Nassau County International Cricket, Prairie Cricket, Bloomberg, Getty, Inter Miami, Major League Soccer, New York’s Major League Baseball, Adelaide Oval, “, New York Giants, New Zealand, Black Caps, Guardian, Caribbean . Cricket, West Indies, Kensington, North, Reuters, ICC, Grand Prairie Cricket, West, Sunday, Sky Sports, UK Star Sports Network, Disney Locations: Manhattan, Caribbean, Lauderhill , Florida , New York, Nassau, New York, India, Pakistan, Dallas , Texas, Florida, Australia, York, Ohio, Trinidad and Tobago, Guyana, Barbados, Bridgetown, AFP, Barbuda, Saint Lucia, Grenadines, Uganda, Canada, Papua New Guinea

☆ Why Mexico’s election is more important than ever for the United States
▼ + stars: | 2024-05-31 | by ( Sofía Benavides | ) edition.cnn.com time to read: +11 min

But it’s not just the massive scale of the event that makes it so important in the eyes of observers across the border in the United States. Key to facilitating this shift was the creation of the USMCA trade agreement, which came into effect in 2020 between Mexico, the United States and Canada. “Mexico committed to addressing the two main Mexican issues affecting the United States and that will determine the next election: migration and fentanyl. “But the United States also has to dismantle the network of traffickers within (its own borders). There is a significant network of organized crime in the United States that the administration must arrest, bring to trial, and whose activities it must restrict,” she added.

Persons: Mexico’s, it’s, – Claudia Sheinbaum, Xóchitl Gálvez, Xochitl Galvez, Quetzalli, Claudia Sheinbaum, Raquel Cunha, Reuters “, ”, Rafael Fernández de Castro Medina, Lila Abed, Andrés Manuel López Obrador, Joe Biden, Donald Trump, “, ” Abed, Abed, Ulises Ruiz, Raquel López Portillo Maltos, Jorge Alberto Schiavon Uriegas, López Obrador, Schiavon Uriegas, Carin Zissis, Sheinbaum, Zissis, Lopez Obrador, ¨, Chandan Khanna, “ México, Jose Luis Gonzalez, “ López Obrador Organizations: CNN, Sigamos, Reuters, Center for US, Mexico Studies, University of California, Mexico Institute, Wilson, Workers, AFP, Getty, Mexican Council, Foreign Relations, Center for Studies, Foreign, Trump, Biden, Americas Society, National Guard, Army, ¨ Trump, Border Patrol, Mexican Refugee Aid Commission, Mexican Army, National Security Law, CIA, Ministry of Foreign Affairs, Republican, Democratic Locations: United States, Morena, Mexico City, Mexico, San Diego, China, Canada, Ukraine, Cerritos, Ciudad Guzman, Jalisco, “ Mexico, Americas, Piedras Negras, Eagle, , Texas, Operation Juarez, Ciudad Juarez

☆ Jeep reveals its first EV for America
▼ + stars: | 2024-05-30 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +3 min

CNN —Jeep, widely known for making rugged off-road vehicles, has unveiled its first fully electric SUV for the North American market. The Wagoneer S will test the appetite of Jeep customers for a fully electric model. It comes at a time of waning interest in electric vehicles, even as regulatory requirements for them become more stringent. The new Wagoneer S has a sleeker, more aerodynamic shape than the Jeep Wagoneer models sold today. Jeep is working on putting the Wagoneer S Trailhawk into production, Filosa said in an interview with CNN.

Persons: Antonio Filosa, that’s, Stellantis, Peter Valdes, Filosa, ”, Gilles, “ Organizations: CNN, Jeep, North Locations: Europe, Canada, .

We asked seven pro investors to identify the best trades of their careers and explain how the lessons from those decisions still apply today. The CBOE Volatility Index, also known as the VIX, shot above 40, essentially meaning traders were betting that the stock market would be exceptionally rocky over the following month. Jeff Muhlenkamp, lead portfolio manager at Muhlenkamp & CompanyJeff Muhlenkamp Muhlenkamp & CompanyJeff Muhlenkamp's namesake Muhlenkamp Fund (MUHLX) has been in the top 3% of its category in the past half-decade, thanks to trades like one he pulled off on Chinese internet firm Baidu (BIDU). "I pretty much expected, 'OK, if I get a double out of this in five years, I'll be happy' — that's pretty decent money," Muhlenkamp said. He noted that industrials within the Russell Mid Cap value index have returned 116% over the previous five years.

Persons: —, That's, Michael Burry, Warren Buffett, Berkshire, Rob Arnott, Tim Boyle, Arnott, I'd, Bob Elliott, Bob Elliott's, Elliott, Jeff Muhlenkamp, Jeff Muhlenkamp Muhlenkamp, Jeff Muhlenkamp's, Muhlenkamp, you've, Sona Menon, Cambridge Associates Sona Menon, Bryant VanCronkhite, Allspring Bryant VanCronkhite Allspring Bryant VanCronkhite, VanCronkhite, Russell, industrials, James Davolos, Davolos, George Patton, Harley Bassman, Harley Bassman's, Bassman, Merrill Lynch, I'm Organizations: Service, American Express, Business, Research, Bloomberg, Getty, Bridgewater Associates, Treasury, Securities, Muhlenkamp, Baidu, Google, North, Cambridge Associates, Allspring, Horizon Kinetics, Opportunities Fund, Credit Suisse Locations: industrials, West Africa, New York City, Guinea

☆ Here are Tuesday's biggest analyst calls: Nvidia, Meta, Dell, Amazon, Apple, CrowdStrike, Netflix, Airbnb & more
▼ + stars: | 2024-05-28 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

UBS upgrades Globant to buy from neutral UBS said it sees "demand stabilization" for the IT and software development company. Wedbush upgrades Airbnb to outperform from neutral Wedbush said investors should buy the dip in shares of Airbnb. Morgan Stanley reiterates CrowdStrike as a top pick Morgan Stanley raised its price target on the stock to $422 per share from $372. Morgan Stanley reiterates Microsoft and Meta as overweight Morgan Stanley said in its analysis of large-cap institutional ownership that Microsoft is most under-owned and Meta the most over-owned. " Morgan Stanley reiterates Amazon as overweight Morgan Stanley said the e-commerce giant has a "widening" competitive advantage. "

Persons: Melius, Truist, Mizuho, Hannifin, it's, Futu, Steve Steinour, Zach Wasserman, Huntington, NCLH, Wells, Morgan Stanley, CrowdStrike, Dell, John Donovan, JMP, Guggenheim Organizations: Nvidia, Parker, Mizuho, Argus, UBS, JPMorgan, NASDAQ, 38ppt, " Bank of America, Bank of America, RBC, Netflix, &, Deutsche Bank, Deutsche, Citi, DuPont, Department of Justice, TAM, Guggenheim, Microsoft, Meta, Apple Locations: Asia, Airbnb, ZS, China

☆ The world’s best countries for tourism, according to the World Economic Forum
▼ + stars: | 2024-05-25 | by ( Lilit Marcus | ) edition.cnn.com time to read: +5 min

CNN —The United States has just won a significant honor – being named the world’s best country for travel and tourism in 2024 by the World Economic Forum. Europe in the leadSix of the top 10 countries on the list are in Europe, with Spain the highest overall. The country knows it has the world’s eyes looking its way ahead of the Summer Olympics in Paris this year. For 2024, six countries share the number one ranking – France, Germany, Italy, Japan, Singapore and Spain. leonovo/iStock Editorial/Getty ImagesThe top 10 countries for tourism, according to the World Economic Forum1.

Persons: –, It’s, Yongyuan Dai, ” Organizations: CNN, World Economic, Economic, Henley Index, –, Asia “, United Locations: United States, Europe, Spain, France, Paris, – France, Germany, Italy, Japan, Singapore, Shanghai, China, Asia, Ireland, Switzerland, Netherlands, American, Canada, Australia, Bondi, Barcelona, Venice, Bolzano, Tyrol

☆ Wells Fargo goes on quiet hiring spree to expand from lending. What it means for the stock
▼ + stars: | 2024-05-24 | by ( Morgan Chittum | ) www.cnbc.com time to read: +8 min

He added, "Wells Fargo could fetch a higher multiple in the market as a result." A Wells Fargo spokesperson declined to comment on the total number of CIB-related hires across all levels in the division. Wells Fargo and other banks have benefited in recent years as the Federal Reserve began hiking interest rates in March 2022. More recent data indicates that Wells Fargo's investment banking revenue share globally has jumped to No. A woman walks past Wells Fargo bank in New York City, U.S., March 17, 2020.

Persons: Wells, Wells Fargo, JPMorgan Chase, Jeff Marks, Charlie Scharf, Scharf, Doug Braunstein, Braunstein, Fernando Rivas, Rivas, Jonathan Weiss, Weiss, Piper Sandler, Wells Fargo's Scharf, NII, Kroger, Scharf's, Scott Siefers, Siefers, Jim Cramer's, Jim Cramer, Jim Organizations: Wall, CNBC, JPMorgan, CIB, Wells, North American Investment Banking, Barclays, Deutsche Bank, Suisse —, Management, Federal Reserve, Fed, Albertson's, Federal Trade Commission, Currency Locations: Wells Fargo, Americas, U.S, IPOs, Wells, New York City

☆ Is Pet Insurance Worth It? for Most People, the Answer Is No.
▼ + stars: | 2024-05-23 | by ( Emily Stewart | ) www.businessinsider.com time to read: +12 min

The North American Pet Health Insurance Association found that pet owners in the US paid $3.9 billion in premiums in 2023, a 22% increase from the year before. One thing is for sure: As the industry grows, pet insurance is becoming as confusing and messy as health insurance is for humans. Pet insurance isn't technically even health insurance; it falls in the property-and-casualty category. AdvertisementThe big problem with pet insurance is it's just an expensive productThere are three categories of pet insurance: accident only; accident and illness; and accident, illness, and wellness. Advertisement"It's important that pet owners understand the scope of what their pet insurance does and does not cover, so they're not caught off guard by unexpected payments," he said.

Persons: Gina Papini, Kato, Papini, That's, they've, Kevin Brasler, that's, Dan, Michael San Filippo, they're, Doug Kenney, Kenney, It's, Brasler, she's, Emily Stewart Organizations: American Pet Products Association, Pet Health Insurance Association, American Veterinary Medical Association, Rover, Consumers, Business Locations: reimbursing, Mexico

☆ Deutsche Bank says it's time to invest in trash through these 2 stocks: 'Compounding defensive growth'
▼ + stars: | 2024-05-22 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Alwy initiated coverage of Waste Management and Waste Connections with a buy rating on each. His $241 price target on Waste Management suggests 15.7% upside, and his $189 price target on Waste Connections implies the stock has roughly 14.4% to rise. This year, Waste Management shares are up 17.2%, while Waste Connections has added 11%. Waste Connections is planning to invest $150 million, most of which will be used for renewable natural gas, or RNG, projects, she said. With that price target, she expects shares could add 7.3%.

Persons: Alwy Organizations: Deutsche Bank, Waste Management, Waste, Services, Casella Waste Systems Locations: American, North America

☆ What is air turbulence and how it creates danger in the skies
▼ + stars: | 2024-05-21 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +6 min

Here’s how air turbulence can create problems for air travelers. In cases of light and moderate turbulence, passengers might feel a strain against their seatbelt, and unsecure items in the cabin may move around. In 2022, Williams, who co-authored the study, told CNN that he believed that severe turbulence “could double or triple in the coming decades.”He went on to attribute this to “clear air turbulence,” a type of turbulence that strikes suddenly is very difficult to avoid. Since it’s sometimes impossible to anticipate when an aircraft will encounter clear air turbulence, the only way to be 100% safe is to keep strapped in for the whole ride. The Singapore Airlines flight from London to Singapore, appears to encountered severe turbulence over Myanmar after crossing Southeast Asia’s Andaman Sea.

Persons: ” Paul Williams, Williams, “, ”, Mark Prosser, Turbli Organizations: CNN, Air, Singapore Airlines, University of Reading, Federal Aviation Administration, FAA, Airline, United Airlines, University, Reading, “, National Transportation Safety Board, NTSB, National Weather Service Locations: Tokyo, Honolulu, USA, London, Singapore, Myanmar, Santiago, Chile, Viru Viru, Bolivia, Almaty, Kazakhstan, Kyrgyzstan, Bishkek, Nashville , Tennessee, Raleigh, Durham, North Carolina

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