The USS Truxtun (DDG-103) destroyer sits in dry dock at the General Dynamics Corp. NASSCO shipyard facility on the Elizabeth River in Norfolk, Virginia, on Jan. 9, 2018.Luke Sharrett | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.Spotify — Shares of the music streaming service company fell 2.5% after Redburn Atlantic downgraded the streaming giant to neutral from buy. The firm said Spotify’s new audiobook offer doesn’t fit into its original forecast for margin expansion, while simultaneously stoking competition from Amazon.Zscaler — Shares of the cloud security company rallied 4.2% following an upgrade to an overweight…
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The draw of bargains may be fading.As three of the nation’s biggest retailers kick off a key sales week, former Walmart U.S. CEO Bill Simon warns consumers are starting to buckle for the first time in a decade.He’s blaming a list of headwinds weighing on consumers including inflation, higher interest rates, federal budget wrangling, polarized politics and student loan repayments — and now new global tensions connected to violence in Israel.”That sort of pileup wears on the consumer and makes them wary,” the former Walmart U.S. CEO told CNBC’s “Fast Money” on Monday. “For the first time in a long…
In this articleAKROPEPUPLTRFollow your favorite stocksCREATE FREE ACCOUNTPalantir headquarters in Palo Alto, California, May 10, 2023.David Paul Morris | Bloomberg | Getty ImagesCheck out the companies making headlines in premarket trading.Palantir Technologies — Shares of the data analytics company added 2.3% on news that the U.S. Army awarded the company a $250 million contract to test and develop artificial intelligence and machine learning.Unity Software — The game engine stock surged nearly 6% after the company said CEO John Riccitiello would retire. Unity said James M. Whitehurst would assume the interim chief role.Rivian Automotive — Shares of the electric truck company…
Paul Tudor Jones speaking at the World Economic Forum in Davos, Switzerland, January 21, 2020.Adam Galica | CNBCBillionaire hedge fund manager Paul Tudor Jones said Tuesday it’s a extremely tough time to be an investor in risk assets amid escalating geopolitical tensions and dire fiscal position in the U.S.”It’s a really challenging to want to be an equity investor and U.S. stocks right now,” Jones said on CNBC’s “Squawk Box.” “You’ve got the geopolitical uncertainty… the United States is probably in its weakest fiscal position since certainly World War II with debt to GDP at 122%.”The high-profile investor said the Israel-Hamas war brought on…
NewsDrake, Sleater-Kinney, PinkPantheress, and More: This Week’s Pitchfork Selects PlaylistOur weekly playlist highlights songs that our writers, editors, and contributors are listening to on repeatBy PitchforkOctober 9, 2023FacebookXGraphic by Chris PanickerFacebookXThe staff of Pitchfork listens to a lot of new music. A lot of it. On any given day our writers, editors, and contributors go through an imposing number of new releases, giving recommendations to each other and discovering new favorites along the way. Each Monday, with our Pitchfork Selects playlist, we’re sharing what our writers are playing obsessively and highlighting some of the Pitchfork staff’s favorite new music. The…
NewsBad Bunny Announces New Album Out This WeekThe Puerto Rican singer’s Nadie Sabe Lo Que Va a Pasar Mañana includes the recent singles “Where She Goes” and “Un Preview”By Matthew StraussOctober 9, 2023FacebookXBad Bunny, May 2023 (John Shearer/WireImage)FacebookXBad Bunny has announced the new album Nadie Sabe Lo Que Va a Pasar Mañana, which is out this Friday, October 13. The follow-up to last year’s Un Verano Sin Ti includes the Puerto Rican singer’s recent tracks “Where She Goes” and “Un Preview.” See the new album’s cover below.In English, Nadie Sabe Lo Que Va a Pasar Mañana means “Nobody knows what…
News21 Savage, Newly Permanent U.S. Citizen, Announces First London Show After being detained by ICE in 2019 for overstaying his visa, the rapper can travel internationally and will perform for the first time in the UKBy Evan MinskerOctober 9, 2023FacebookX21 Savage (Prince Williams/WireImage)FacebookX21 Savage has announced his first-ever concert in the country where he grew up. The show happens at the O2 in London on November 30. Following a 2019 detention by ICE for allegedly outstaying his visa, the rapper is now able to travel internationally as a newly permanent citizen of the U.S. “London, I’m coming home,” he promised on…
In this articleGMFollow your favorite stocksCREATE FREE ACCOUNTLana Payne speaks to delegates after being elected as president of UNIFOR, Canada’s largest private sector union, at the Metro Toronto Convention Centre on Aug. 10, 2022.Richard Lautens | Toronto Star | Getty ImagesDETROIT — Labor strikes are now an international issue for General Motors after the Detroit automaker failed to reach a tentative agreement by Monday for roughly 4,300 workers represented by Canadian union Unifor.The Canadian autoworkers will join roughly 9,200 United Auto Workers members who are on strike in the U.S. at two assembly plants and 18 parts and distribution centers…
In this articlePEPFollow your favorite stocksCREATE FREE ACCOUNTPepsi products at a convenience store in Crockett, California, June 16, 2023.David Paul Morris | Bloomberg | Getty ImagesPepsiCo on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations and raised its outlook for its full-year earnings.Shares of the company rose 2% in premarket trading.Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv:Earnings per share: $2.25 adjusted vs. $2.15 expectedRevenue: $23.45 billion vs. $23.39 billion expectedFor 2023, Pepsi now expects constant currency earnings per share growth of 13%, up from its…
U.S. President Joe Biden delivers remarks on Afghanistan during a speech in the State Dining Room at the White House in Washington, August 31, 2021.Carlos Barria | ReutersWASHINGTON — President Joe Biden will address the unprecedented terror attacks carried out by Hamas in Israel as violence in the region soars.Biden’s remarks, slated for 1 p.m. ET from the White House, come on the heels of what the Pentagon has dubbed “ISIS-level savagery” in Israel.On Saturday, Hamas militants carried out a surprise land, air and sea attack on Israeli civilians that has since triggered a fury of Israeli retaliatory airstrikes across the Gaza Strip.…
Not to be dramatic, but the chokehold that over-the-ear headphones have had on society this past year should be studied. Somehow, the headphones I made fun of my gamer brother for wearing became one of 2023’s hottest accessories, and the trend is showing no signs of slowing down. Thank goodness for that because Amazon just marked down the coveted Beats headphones for the Prime Big Deal Days happening today and ending tomorrow, October 11, and I rounded them up all right here. You can thank me (but mostly Amazon) later. Although Amazon has a crazy amount of over-the-ear headphones, you…
“Banana Republic is where it’s at,” I, much to the surprise of my friends, shared in a recent group chat. “And that is the hill I will die on.” But really, can one deny that? For the past year or so, the heritage mall brand has been in the process of a serious glow-up. Looking back, Banana has been unabashed in returning to its roots by reimagining archival pieces. And based on the murmurs I hear from fellow editors, that route has proven successful. But now, the brand is heralding a new era—cementing its place as the brand of quiet…
Style Points is a weekly column about how fashion intersects with the wider world.When the 50th anniversary of hip-hop came around this summer, Sowmya Krishnamurthy, like so many fans, made the pilgrimage to Yankee Stadium to watch artists like Slick Rick and Big Daddy Kane being honored. “I love seeing the legends getting their flowers,” she says. Still, for the longtime music journalist and author of the new book Fashion Killa: How Hip-Hop Revolutionized High Fashion, there was a disconnect. The anniversary celebrations, and the media blitz that accompanied them, “focused a lot on the old school, and we didn’t…
Since Monk went off the air after eight seasons in 2009, fans have been enthusiastic for more. Thankfully, Peacock understood their wishes, and a new chapter in the iconic franchise will premiere later this year. Mr. Monk’s Last Case: A Monk Movie will be available to stream on Friday, December 8, 2023, EW.com reports. The 90-minute movie finds Monk returning to solve one last, very personal case involving his beloved stepdaughter, Molly, a journalist preparing for her wedding. Can a man like Adrian Monk have a successful return after all of these years? The times have changed, but the heart…
It’s always hard to say goodbye to a show you’ve grown to love. It’s even harder to imagine a television superteam landscape without the unpredictable, over-the-top, completely unapologetic hijinks of the Doom Patrol. After three and a half seasons of flatulent donkeys, time travel, interdimensional shenanigans, sex ghosts, puppets, and freakin’ were-BUTTS, our misfit superbeings are wrapping up their adventures and facing off against their greatest challenge yet — old age. Oh, and someone called Immortus. Doom Patrol Season 4 returns on Max on October 12 with a double-decker wallop of a premiere. I’d recommend you prepare yourself, but there’s…
The Irrational has found a formula and decided to stick to it. And while I initially critiqued that formula, it has taken three episodes to get used to it and find its beauty. Even if more could be done where the show’s characters are concerned, having the cases dominate the episode is more interesting than writing cliché backstories to the characters. It is also better than giving characters storylines that don’t make sense or add anything to the story. After watching The Irrational Season 1 Episode 3, it became clear that the show was looking to develop its main characters slowly…
Searching for any gifts for a dad can feel like trying to find a needle in a haystack, especially when every suggestion is met with a humble, “I don’t need anything.”But let’s be honest: surely there’s a gift out there that can bring a twinkle to his eye, even if he won’t admit it. In the labyrinth of giving, it’s not about the grandeur but the gesture, the thought, and the memories created. Whether it’s a nod to his impeccable style, a tool for his cherished hobbies, or simply a token of appreciation, we’ve curated a list of gifts for…
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