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These companies reporting earnings next week have history of beating expectations
17Oct By Aditi PawarNo Comments
Business

These companies reporting earnings next week have history of beating expectations

Several companies are due to report earnings next week, including some potential standouts. Earnings season is ramping up, with 22% of S & P 500 members expected to post their quarterly results next week. So far, most of the constituents that have reported third-quarter earnings have exceeded earnings and revenue expectations, according to FactSet. Against this backdrop, CNBC Pro screened Bespoke Investment Group data to find names reporting next week that tend to positively surprise investors and boast strong postearnings performances. The companies below have exceeded the Street's earnings per share expectations 70% of the time and have risen 2% or more on earnings day. Here are the names that met this criteria: ServiceNow tends to make the biggest postearnings gain of the list at ab...
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Hamas leader Yahya Sinwar killed in Gaza, Israeli military says
17Oct By No Comments
World News

Hamas leader Yahya Sinwar killed in Gaza, Israeli military says

By Jeremy Diamond, Dana Karni, Pauline Lockwood and Sophie Tanno for CNN Yahya Sinwar at a gathering in the southern Gaza Strip city of Khan Yunis in 2017. Photo: SAID KHATIB / AFP The Israeli military has confirmed that Hamas leader Yahya Sinwar - the chief architect of the militant group's deadly 7 October 2023 terror attack that set off the war in Gaza - has been killed in battle. The Israel Defense Forces (IDF) said in a statement that Sinwar was killed on Wednesday after a "year-long pursuit". "In recent weeks, IDF and ISA forces, under the command of the Southern Command, have been operating in the southern Gaza Strip, following IDF and ISA intelligence that indicated the suspected locations of senior members of Hamas," the Israeli military statement read. "IDF soldiers of the ...
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The breakout in cruise line stocks may be just getting started, according to the charts
17Oct By Aditi PawarNo Comments
Business

The breakout in cruise line stocks may be just getting started, according to the charts

With a resurgence of travel demand driving strong earnings and analyst upgrades, the cruise line industry appears to be entering a new bullish regime. While charts like Carnival Corp. (CCL) have once again become overbought, the strength of the recent breakout suggests they may just be getting started. Starting with the weekly chart, we can see that over the last 18 months, Carnival had found consistent resistance around $19.50. Through the course of 2024, numerous tests of this price resistance led to a pullback down to around $14, as the stock settled into a fairly consistent price range. The longer a resistance level is tested, the more meaningful it becomes when the price finally breaks above this price ceiling. Or as legendary technical analyst Alan Shaw used to say, "The broader the ...
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Israeli ministers are told Sinwar very likely dead, two officials say
17Oct By No Comments
World News

Israeli ministers are told Sinwar very likely dead, two officials say

By James Mackenzie for Reuters If confirmed, Sinwar's death would represent a major boost to the Israeli military and Prime Minister Benjamin Netanyahu after a string of assassinations of leaders of its enemies. Photo: AFP / MAHMUD HAMS Israeli ministers have been informed that Hamas leader Yahya Sinwar has very likely been killed by Israeli troops who were conducting an operation in southern Gaza, two officials with knowledge of the situation say. Israeli broadcasters quoted unnamed officials as saying Sinwar, the architect of the devastating attack on Israel last October that set off the Gaza war, was dead. There was no immediate confirmation from the military, which earlier said it was checking the possibility that Sinwar, Israel's most wanted enemy, was among three militants kill...
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4 more Liberal cabinet ministers not seeking re-election: sources – National
17Oct By Aditi PawarNo Comments
Politics

4 more Liberal cabinet ministers not seeking re-election: sources – National

Four more federal cabinet ministers will not run in the next election, Global News has learned, which is expected to prompt another cabinet shuffle in the coming weeks. The growing exodus is another challenge for Prime Minister Justin Trudeau and the Liberals after more than a year of slumping poll numbers and recent byelection losses in recent weeks, as well as reports of growing internal caucus discontent over the past week.Global News has confirmed Filomena Tassi, who serves as minister of economic development for southern Ontario, and Northern Affairs Minister Dan Vandal have informed Trudeau of their decision not to run again.Both ministers were first elected in 2015. Vandal was named northern affairs minister in 2019, while Tassi has served multiple cabinet roles since 2018, includin...
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Man charged in SEC bitcoin price spike hack
17Oct By Aditi PawarNo Comments
Business

Man charged in SEC bitcoin price spike hack

Avishek Das | Lightrocket | Getty ImagesFBI agents on Thursday morning arrested a 25-year-old Alabama man on charges related to the hack in January of the Securities and Exchange Commission's X account, which led to the price of bitcoin spiking by more than $1,000, the Department of Justice announced.The man, Eric Council Jr., is charged with conspiracy to commit aggravated identity theft and access device fraud, the DOJ said. The Athens resident is expected to appear later Thursday in U.S. District Court for the Northern District of Alabama.Council is accused of conspiring with others to hack the SEC's account and send a fake tweet in the name of the agency's chairman, Gary Gensler, on Jan. 9 that said, "Today the SEC grants approval for #Bitcoin ETFs for listing on all registered nationa...
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Canada-India tensions prompt emergency meeting in Ottawa. What to expect – National
17Oct By Aditi PawarNo Comments
Politics

Canada-India tensions prompt emergency meeting in Ottawa. What to expect – National

Members of a parliamentary committee have called for an emergency meeting on new allegations of Indian foreign interference in Canada as diplomatic tensions between the two countries have escalated this week. The standing committee on public safety and national security is set to meet Friday morning to discuss the recent developments that saw Canada expel six Indian diplomats and consular officials “in relation to a targeted campaign against Canadian citizens by agents linked to the government of India.”The House of Commons is on break this week, but MPs on that committee will convene Friday to consider the request for a study on the RCMP allegations and their aftermath.The political dispute has members of the Indian diaspora in Canada on edge, with many families and students expressing co...
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Jerry Seinfeld walks back claim of ‘extreme left’ killing comedy – National
17Oct By Aditi PawarNo Comments
Entertainment, Movies

Jerry Seinfeld walks back claim of ‘extreme left’ killing comedy – National

Comedian Jerry Seinfeld has seemingly changed his tune, expressing “regret” over comments he made earlier this year claiming the “extreme left” killed comedy. In April, the 70-year-old Unfrosted creator said ” PC crap ” has altogether put an end to true TV comedy at a time when people need lighthearted laughter the most.During a conversation with The New Yorker, Seinfeld said current TV programs are unfunny because writers are “worrying so much about offending other people.” @newyorker On a new episode of The New Yorker Radio Hour, Jerry Seinfeld talks with David Remnick about his new film on the history of Pop-Tarts, the changing norms in comedy, and turning 70. Listen to their full conversation at the link in our bio. #jerryseinfeld #unfrosted #podtok ♬ original sound – The New Yorker No...
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Saqib Saleem snubbed from ‘Citadel: Honey Bunny’ trailer? Actor shares post
17Oct By No Comments
Entertainment, Movies

Saqib Saleem snubbed from ‘Citadel: Honey Bunny’ trailer? Actor shares post

The makers of Citadel: Honey Bunny unveiled its captivating action-packed trailer on Tuesday. The Indian series born from the world of Citadel is directed by Raj Nidimoru and Krishna DK. The series features the immensely talented Varun Dhawan and Samantha Ruth Prabhu in the lead and the ever-so-versatile Kay Kay Menon, along with an exciting ensemble cast that includes Simran, Saqib Saleem, Sikandar Kher, Soham Majumdar, Shivankit Parihar, and Kashvi Majmundar.  Saqib Saleem skips ‘Citadel: Honey Bunny’ trailer launch While most of the cast members attended the trailer launch, actor Saqib Saleem skipped the event and shared a cryptic post on Instagram with the caption, “Home alone n reading.” His post contained a highlighted bit from the book that stated, “Regardless of whether your ci...
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Intel faces headwinds in China as trade body calls for security probe
17Oct By Aditi PawarNo Comments
Business

Intel faces headwinds in China as trade body calls for security probe

Intel products sold in China have been recommended for a security review by a local trade association that alleges the U.S. chipmaker poses "serious risks" to national security. In a statement on Wednesday evening, the Cybersecurity Association of China outlined alleged vulnerabilities in Intel's CPU chips, claiming that flaws in product quality and security management show an "irresponsible attitude toward its customers," according to a Google translation.CSAC further accused Intel of using remote management features to surveil users while covertly installing backdoors and of failing to address defects reported by users. Read more about chip stocks from CNBC ProDaniel Newman, CEO of The Futurum Group, noted the security review comes amid increased tensions between China and the U.S. in re...
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