Julian Edelman is skeptical of the New England Patriots’ chances this season. “They’re not there yet,” Edelman said in an interview with FOX Sports Colin Cowherd. In Edelman’s eyes, the Patriots are a few steps away from being a true Super Bowl contender. And each of those weaknesses played a part in blowing the game,…
The State Street Communication Services Select Sector SPDR ETF (XLC) has quietly been building a bullish formation over the past two months, as is clear on the chart below. A decisive breakout above the neckline of this inverse head-and-shoulders pattern would imply upside potential above the prior all-time high that was set in mid-September. While…
Edinburgh Worldwide Investment Trust, a Baillie Gifford-run technology-focused fund, is calling on shareholders to throw out a plan by Boaz Weinstein’s activist investment fund Saba Capital to overhaul its board of directors. The EWIT board said on Wednesday it would “strongly urge” shareholders to reject a plan by the U.S. hedge fund — which holds…
A view of Oracle headquarters on September 11, 2023 in Redwood Shores, California. Justin Sullivan | Getty Images The apprehension investors have surrounding Oracle has spilled over from manifesting in its stock price — which has fallen nearly 50% from its all-time high on Sept. 10 — to affecting its projects. Asset management firm Blue…
LOS ANGELES — Peter Arnett, the Pulitzer Prize-winning reporter who spent decades dodging bullets and bombs to bring the world eyewitness accounts of war from the rice paddies of Vietnam to the deserts of Iraq, has died. He was 91. Arnett, who won the 1966 Pulitzer Prize for international reporting for his Vietnam War coverage…
Alabama’s season is still ongoing, but that isn’t stopping Michigan from pursuing Crimson Tide head coach Kalen DeBoer. Michigan has “serious interest” in hiring Alabama’s head coach, FOX Sports college football insider Bruce Feldman said on the most recent episode of the “Bear Bets” podcast. “What I’ve heard is that [DeBoer] does like it at…
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. The big story India-U.S. relationship looked set to reach new heights at the start of 2025. Prime Minister Narendra Modi was among the earliest foreign leaders to meet the newly elected…
British oil giant BP has appointed Woodside Energy boss Meg O’Neill as its next CEO, replacing Murray Auchincloss after less than two years in the role. Auchincloss will step down today, with Carol Howle, BP’s executive vice president for supply, trading and shipping set to serve as interim CEO until O’Neill takes over the role…
A week has gone by since Michigan fired Sherrone Moore, but it still hasn’t found its next head coach. Several coaches have been linked to the Michigan job since it opened, with the likes of Alabama’s Kalen DeBoer and Arizona State’s Kenny Dillingham being among the more highly rumored candidates for the job. The search…
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) The market’s ability to absorb the unwind of the AI-infrastructure trade is being tested more urgently; its efforts to rotate away from danger by moving to banks, value stocks and consumer cyclicals hitting…
