CHARLESTON, S.C. — Faint yellow with a blue screened-in entrance, the house on Cypress Street is squeezed in among the others, easy to miss if you’re driving past. The roof is adorned with exposed rafters beneath the eaves. A blotch of grass buffers a short, black, chainlink fence from the street. Things are typically quiet inside, other than the chatter of daytime TV or an occasional developer knocking on the front door, trying to buy the place.The looks shooting around the living room early last month weren’t accusatory, but cautious. Maybe confused. Jackie White and her mother, Mary Lee Rhodes,…
Author: usaeverydaylife
Utilities – once a sleepy corner of the stock market – have been surging over the past year, but the sector’s success may complicate the search for cheap dividend-paying names. The Utilities Select Sector SPDR Fund (XLU) is up 26% over the past 12 months, lifted by excitement around the companies’ role powering the boom in artificial intelligence boom and data centers. Heavy hitters Vistra Corp and Constellation Energy have soared more than 320% and 150%, respectively, over the past year. XLU 1Y mountain The Utilities Select Sector SPDR Fund (XLU) over the past year But those sharp spikes in…
Bitcoin miners were some of the hardest hit in the DeepSeek scare earlier this week, and one of Bernstein’s favorite names is now available at a “deep discount.” Core Scientific , a leader among bitcoin miners chasing artificial intelligence deals, lost about 30% in the sell-off. It is now 42% off Bernstein’s $17 price target on the stock. “Our top pick, CORZ offers ready ‘power access’ and data center buildout to HPC cloud partners such as CoreWeave, who in turn are contracted by hyperscalers and AI labs,” analyst Gautam Chhugani said in a note Thursday. “Bitcoin miners are the second…
Michelle Johnston Holthaus, Intel’s co-CEO and then executive vice president and general manager of the company’s Client Computing Group, holds a Intel Core Ultra processor as she speaks during the Intel AI Everywhere event in New York on Thursday, Dec. 14, 2023.Victor J. Blue | Bloomberg | Getty ImagesIntel issued disappointing quarterly guidance on Thursday, but reported earnings and revenue that topped estimates.Here’s how the company did in the fourth quarter compared with LSEG estimates:Earnings per share: 13 cents adjusted vs. 12 cents expectedRevenue: $14.26 billion vs. $13.81 billion expectedIntel’s revenue declined for a third straight quarter, decreasing 7% from…
OpenAI CEO Sam Altman speaks next to SoftBank CEO Masayoshi Son after U.S. President Donald Trump delivered remarks on AI infrastructure at the Roosevelt room at White House in Washington, U.S., January 21, 2025. Carlos Barria | ReutersOpenAI is in talks to raise up to $40 billion in a funding round that would lift the artificial intelligence company’s valuation to as high as $340 billion, CNBC has confirmed. Masayoshi Son’s SoftBank would lead the round, contributing between $15 billion and 25 billion, according to two people familiar with the negotiations who asked not to be named because the talks are ongoing.…
PEBBLE BEACH, Calif. — Dottie Pepper certainly wasn’t the first to say it, but her words on the CBS broadcast at Torrey Pines resonated as players finished the final round Saturday in five hours and 31 minutes. The remarks and the exhaustion in her voice carried weight. Viewers felt seen.“I think we’re starting to need a new word to talk about this pace-of-play issue, and it’s ‘respect’ — for your fellow competitors, for the fans, for broadcasts, for all of it. It’s just got to get better,” Pepper said, walking as a roving commentator during the Farmers Insurance Open in…
Two passengers on the American Airlines jet that crashed into the Potomac River on Wednesday night were world-class ice skaters who worked as coaches in the United States. The skaters, two champions from Russia, shared a partnership both on the ice and in marriage.The Skating Club of Boston confirmed in a social media post on Thursday that Yevgeniya Shishkova, 52, and Vadim Naumov, 55, were on the plane that collided with a military helicopter as it approached Ronald Reagan National Airport, leading to the crash that killed everyone on board. Many passengers were athletes and coaches leaving the U.S. Figure…
Shares of Coca-Cola (KO) shed about 17% of their value following a September 2024 high around $73. After making a lower low into January, the strength of the downtrend has lessened, with improvements in price momentum confirming a likely bottoming phase. Our multiple time frame analysis suggests an upside breakout above resistance around $65 could propel KO back toward 2024 highs. When a stock is an established downtrend, we are always looking for signs of a potential upside reversal. One of the most common bottoming patterns is called a “bullish momentum divergence”, where price is making new lows but the…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks are higher Thursday, rebounding from Wednesday’s pullback, but overall it remains an extremely choppy week, especially for AI-related technology companies. Tech is the only sector lower in the session, weighed down by a post-earnings selloff in Microsoft on disappointing cloud computing figures, ongoing volatility in Nvidia — here is Jim Cramer’s latest take on this week’s DeepSeek developments — and some selling in enterprise software after ServiceNow couldn’t top…
LOS ANGELES — Two offseasons ago, Tyler Herro thought his time with the Miami Heat was over.Herro was immersed in trade rumors as the league awaited a seemingly inevitable deal sending Damian Lillard to Miami and Herro to Portland. The idea: Lillard, a perennial All-Star, would join Jimmy Butler and Bam Adebayo as the Heat chased their fourth NBA championship. The teams could not find a move that worked, and Lillard wound up in Milwaukee. Herro stayed in the sun.It wasn’t easy for Herro to get over the feelings of resentment and rejection that come with returning to a team…
