The fire service dive team leaves port heading for the dive site for the Bayesian off the coast of Porticello, Sicily, on the third day of the search for six tourists missing after the luxury yacht Bayesian sank in a storm on Monday whilst moored around half a mile off the coast. Jonathan Brady | PA Images | Getty ImagesFive bodies have been recovered from the wreck of the superyacht that sank in a storm early Monday morning, according to NBC News and Sky News.Divers recovered four bodies Wednesday from inside the superyacht, Salvatore Cocina, director of the island’s Civil Protection…
Author: usaeverydaylife
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailAriane Gorin, Expedia CEO, joins ‘Squawk on the Street’ to discuss the company’s quarterly earnings results, where consumers are trading down, and where the weakness in the consumer is coming from.04:02Mon, Aug 12 202410:53 AM EDT Source link
Check out the companies making headlines before the bell: Paramount Global — The media conglomerate’s stock dropped nearly 5% after Edgar Bronfman Jr. withdrew his bid for the media company. This clears a path for Skydance Media to take over Shari Redstone’s media empire. Paramount expects the deal with Skydance to close in the first half of 2025. Cava Group — The restaurant stock fell more than 8% after several corporate insiders and a major shareholder disclosed in filings that they were selling some of their holdings. JD.com — Shares of the Chinese e-commerce stock climbed about 3% after the…
Cava on Thursday raised its full-year outlook as its restaurants reported strong traffic, fueling better-than-expected quarterly earnings and revenue.Shares of the company rose 9% in extended trading. The stock has more than doubled its value this year, bringing Cava’s market cap up to about $11.6 billion, as of Thursday’s close.Here is what the company reported for the quarter that ended July 14 compared to what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: 17 cents vs. 13 cents expectedRevenue: $233 million vs. $220 million expectedThe Mediterranean restaurant chain reported fiscal second-quarter net income of $19.7…
Netflix hit a record high August, and analysts think the stock has even more upside from here. Shares broke above the $700 mark in late August, reaching an intraday record of $711.33. On a closing basis, the stock scaled as high as $698.54 on Aug. 20. After pulling back slightly in recent days, shares closed at $701.35 on Friday. Shares are now around 44% higher year to date. The stock has managed to rally in 2024 alone in spite of intensifying competition in the streaming sector and a slowdown in consumer spending. However, many believe that Netflix has an advantage…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email”Fast Money” is America’s post-market show. Hosted by Melissa Lee and a roundtable of top traders, “Fast Money” breaks through the noise of the day, to bring you the actionable news that matters most to investors.44:09Fri, Aug 16 20247:02 PM EDT Source link
TikTok has officially launched its e-commerce service TikTok Shop in the US. Costfoto | Nurphoto | Getty ImagesConsumers are increasingly turning to social media for their shopping this holiday season, and TikTok’s latest venture into e-commerce has emerged at the forefront. For some, it means weighing the convenience of mobile shopping and often low prices against ethical questions.The platform introduced TikTok Shop in the U.S. in September as an in-app shopping experience, capitalizing on the #TikTokMadeMeBuyIt trend. The shop gives opportunities to both content creators who could sell their own products and avid TikTok users who could buy directly on the…
There’s a host of stocks that are priced to perfection, Goldman Sachs said this week. The Wall Street investment bank recently named five other companies, however, that its analysts say still have plenty of growth potential left in them. CNBC Pro combed through Goldman Sachs research to find buy-rated stocks it calls undervalued. They include: Workday, CrowdStrike, CAE, BJ’s Wholesale Club and Ducommun. CAE Buy the dip in shares of the Canadian training and simulation provider for pilots, cabin crew, maintenance technicians and ground personnel, according to analyst Noah Poponak. Goldman says the stock was unfairly punished due to struggles…
Republican presidential nominee and former U.S. President Donald Trump speaks during a visit to the Livingston County Sheriff’s Office in Howell, Michigan, U.S., August 20, 2024. Rebecca Cook | ReutersRepublican presidential nominee Donald Trump is waffling on whether he will debate with Vice President Kamala Harris as previously agreed.And their campaigns are squabbling over terms for the ABC News showdown on Sept. 10.In a social media post late Sunday night, Trump questioned whether he should debate the Democratic nominee Harris given what the former president suggested would be a hostile setting.”I watched ABC FAKE NEWS this morning, both lightweight reporter Jonathan…
European Commission President Ursula von der Leyen (L) and US Vice President Kamala Harris (R) line up for the family photo at the UK Artificial Intelligence (AI) Safety Summit at Bletchley Park, in central England, on November 2, 2023.Daniel Leal | Afp | Getty ImagesVice President Kamala Harris is poised to take the stage at the Democratic National Convention on Thursday and deliver what is thought to be the biggest political speech of her career.The 59-year-old politician is expected to outline her vision and policy agenda to the American people, while many in Europe will also be curious to understand…
