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Stocks making the biggest moves midday: GE Vernova, Texas Instruments, Krispy Kreme and more
Stocks making the biggest moves midday: GE Vernova, Texas Instruments, Krispy Kreme and more

CNBC

time23-07-2025

  • Business
  • CNBC

Stocks making the biggest moves midday: GE Vernova, Texas Instruments, Krispy Kreme and more

Check out the companies making headlines in midday trading: GE Vernova — Shares jumped 14% as strong power demand outweighed the impact of President Donald Trump's tariffs. GE Vernova has raised its full-year guidance after a strong first half and said the tariff impact will likely come in at the low end of $300 million to $400 million. GoPro , Krispy Kreme — Reddit-obsessed retail traders found their new targets Wednesday, pushing up shares of wearable camera firm GoPro and doughnut maker Krispy Kreme by 21% and 8%, respectively. The so-called short squeeze could be at play as they both have elevated levels of short interest. The two stocks are heavily cited on WallStreetBets , the online forum behind the infamous GameStop mania in 2021. Lamb Weston — The french fry producer surged 16% after reporting a fiscal fourth-quarter earnings and revenue beat. Lamb Weston posted adjusted earnings of 87 cents per share on revenue of $1.68 billion, exceeding the earnings of 63 cents per share and $1.59 billion revenue analysts had expected, per FactSet. The company also introduced a cost-savings program aiming to deliver at least $250 million in annualized run rate savings by the end of fiscal year 2028. Fiserv — Shares plummeted 15% after the fintech company lowered its full-year organic revenue guidance to growth of around 10%, whereas previously the company was expecting growth in the range of between 10% to 12%. However, Fiserv reported second-quarter adjusted earnings and revenue that beat analyst estimates, according to FactSet. The company also announced it would acquire part of TD Bank's merchant processing business in Canada. Otis — Shares of the elevator maker fell 10% after the company lowered its revenue forecast on the expectation that there will be weak demand for new equipment. The company now expects annual sales to be in the range of $14.5 billion to $14.6 billion, down from a prior estimate of $14.6 billion to $14.8 billion. Lennox International — The maker of climate control solutions saw its shares rise 9% after boosting earnings expectations for the full year. Lennox now predicts earnings of $23.25 to $24.25 a share for the year, up from a prior range of $22.25 to $23.50 per share. Texas Instruments — The chip stock dropped more than 11% after the firm released a third-quarter forecast that missed estimates. The semiconductor company did report second-quarter results that beat analysts' expectations for revenue and earnings, however. Hilton Worldwide — The hotel stock slipped 2% despite Hilton posting a second-quarter earnings and revenue beat. Hilton reported adjusted earnings of $2.20 per share on revenue of $3.14 billion, while analysts polled by LSEG had expected earnings of $2.04 a share and $3.10 billion in revenue. The company also raised its full-year earnings guidance to between $7.83 and $8.00 per share, versus its prior range of between $7.76 and $7.94 a share. SAP — U.S.-listed shares of the enterprise software company fell more than 4%. The company posted 9.03 billion euros for second-quarter revenue, missing the LSEG consensus estimate of 9.08 billion euros. Enphase Energy — The solar stock dropped about 15% after the firm issued third-quarter revenue guidance that came below Wall Street estimates. Enphase said tariffs had affected its gross margin. — CNBC's Yun Li, Spencer Kimball, Alex Harring, Lisa Han and Fred Imbert contributed reporting.

Billions Of Years In The Making: Why Natural Gems Still Reign Supreme
Billions Of Years In The Making: Why Natural Gems Still Reign Supreme

Forbes

time22-07-2025

  • Business
  • Forbes

Billions Of Years In The Making: Why Natural Gems Still Reign Supreme

When Maisie Plant, the young wife of the American industrialist, Morton Plant, was seated next to Pierre Cartier at a dinner party in 1917, she was said to have marveled over two strands of pearls so exquisite and perfect in its graduation that she wasn't surprised at its $1 million dollar price tag. However, feeling trepidation about spending that amount of money on jewelry, Cartier proposed a trade. In exchange for the necklace, the Plants could offer their newly completed neoclassical townhouse her husband had built at the corner of Fifth Avenue and 52nd Street. The Plants were eager to leave the area as it was becoming more commercialized. The exchange was made, and Cartier established his New York flagship boutique, a cornerstone of the brand's global presence. Two decades later in 1937, movie star Hedy Lamarr quietly escaped her first husband, an Austrian arms dealer, taking with her the wedding jewelry from Cartier. Disguised as a maid, she found her way to Paris and eventually London. When she heard that the head of MGM studio, Louis B. Mayer, would be on board the SS Normandie bound for NY, she sold her jewels to secure first-class passage to meet him and negotiate a contract. She eventually met Mayer and befriended his wife during the transatlantic journey, and thus began her life in Hollywood. Evaluating a gemstone at GIA. Gemological Institute of America Intrepid french traveler and gem merchant, Jean Baptiste Tavernier, was known for his self financed travels into the far east during the 17th century. His far flung adventures, well documented in his books, most notably 'The Six Voyages of Jean-Baptiste Tavernier,' were well read by the luminaries of the time as insight to understanding Persia, India, and Japan. Over the years, Tavernier found and traded gemstones during his travels and on one fortuitous journey to India in 1666, he acquired a deep blue colored 112 carat diamond from the Kollur mine in Golconda. Tavernier would eventually sell the stone to Louis XIV, who would induct the jewel into the French Crown Jewels. Its mysterious journey of becoming part of the French Royal Family to being recut, bought, stolen, found and sold would find its final resting place at the Smithsonian as the iconic Hope Diamond, one of the largest blue diamonds in the world. Such a discovery brought Tavernier not just wealth, but a barony, estates, and a place in history, a reminder that gemstones, in the right hands, can alter fortunes entirely. They have provided passage, negotiated futures, and held value when other assets could not. Their small scale allows them to move silently through history, yet their impact is often considerable. Whether in a private collection, a royal treasury, or a discreet safe deposit box, natural gemstones remain among the most concentrated and enduring stores of wealth. 'I think it truly ties to this magical and mystical value that people have always placed on gemstones,' explains Susan Jacques, CEO of the Gemological Institute of America (GIA). 'We often talk about jewelry that's been around for millennia, from the first shell with a little hole in it that somebody on a beach tied some twine around and put it around their neck as a first piece of adornment all the way through different civilizations. There has been such tremendous value ascribed, whether it be political power or personal emotional power. There were talismans.' The Gemological Institute of America is at the heart of establishing and preserving that value of gemstones. Since its founding in 1931, GIA has built its global reputation for impartiality, consistency, and scientific rigor. Its grading reports have become the definitive benchmark in the trade and its documents not only certify a gemstone's attributes but also offer assurance in a marketplace where provenance and precision matter. GIA's grading system for diamonds, first introduced in the 1950s, is now considered the universal language for assessing quality. The '4Cs,' cut, color, clarity, and carat weight, are so widely adopted that they underpin virtually every gem transaction. Behind the standard lies a commitment to neutrality, with the Institute operating as a nonprofit entity, free from the pressures of commercial interests. GIA diamond grading lab. Gemological Institute of America A recent visit to GIA's offices and laboratories, guided by Tom Moses, Executive Vice President and Chief Laboratory and Research Officer, revealed the sophisticated blend of advanced technology and exacting human expertise that sustains the Institute's reputation as the gold standard in gem grading and evaluation. Among the most iconic stones ever assessed by the GIA are the Hope Diamond and the more recent Winston Red, the 5th largest fancy red diamond at 2.33 carats. Their grading reports attached to these gemstones provide more than a summary of their physical characteristics. They document rarity, origin, and detail that is meticulously observed and recorded. To own a gem with a GIA certificate is to possess not just the stone but the validation of its place in the broader narrative of gemological excellence. Hope Diamond on Cartier necklace. Hope Diamond by Chip Clark/Smithsonian. 'If you look at the fact that the earth is only 4.5 billion years old, these were created as all that shifting heat, pressure and everything was occurring in the Earth's formation. To be able to find that treasure and then own that treasure, I think comes with such an emotional tie to it that is not replicated with man made products today,' describes Jacques of the true value of mined gems. CEO of Gemological Institute of America, Susan Jacques. Gemological Institute of America That trust is particularly vital in today's market, where the emergence of lab-grown diamonds introduces a new layer of complexity. Grown using high-pressure, high-temperature, or chemical vapor deposition processes, these stones are chemically and physically comparable to natural diamonds, but lack the time-bound provenance of their mined counterparts. Lab-grown diamonds have gained traction, particularly among younger consumers drawn to their price accessibility and perceived sustainability. They offer an alternative for buyers seeking the optical properties of diamonds without the cost or environmental considerations often associated with traditional mining. As their market share grows, the industry has responded by developing clearer labeling standards and more nuanced pricing structures. GIA has approached this shift with characteristic precision. It offers a separate grading report for lab-grown diamonds, clearly distinguishing them from natural stones while still applying the same analytical rigor. GIA's 'Lab Grown Diamond Report' is scheduled to be released at the end of Q3. 'I do believe that there is a coexistence that can happen with different gem materials. One is not better than the other. The most important factor is that the consumer understands exactly what they're buying,' explains Jacques. Still, the distinction between the two remains meaningful. While lab-grown diamonds have found a place in the jewelry landscape, natural gemstones continue to command a different kind of reverence. Their geological origins, shaped over eons, connects them to the earth in a way that cannot be replicated. Their scarcity ensures that each remains a unique object, not just in form but in story. The role of GIA in articulating and certifying that story is foundational. Through its laboratories, research, and educational outreach, the Institute reinforces a set of standards that both reflect and shape the values of the industry. Its work ensures that gems are not only admired for their appearance but respected for their integrity. Amid a marketplace shaped by shifting values and constant change, the enduring presence of a natural gemstone remains. Discreet yet significant, it continues to represent permanence and meaning. That its quality and provenance can be established with precision reflects the vital role of institutions like GIA, which quietly aligns science and technology with the human appreciation for rarity. More information and historical stories about gems can be found on GIA's website.

French toast will be 'tastier and fluffier' if you ditch frying pan and cook this way instead
French toast will be 'tastier and fluffier' if you ditch frying pan and cook this way instead

Daily Record

time17-07-2025

  • General
  • Daily Record

French toast will be 'tastier and fluffier' if you ditch frying pan and cook this way instead

Ditching the pan will improve the texture of your favourite breakfast. French toast is a popular breakfast, enjoyed by many foodies for across the world. In theory it should be easy to perfect as it only involves a couple of ingredients, however mastering the correct texture can be tough. ‌ Frying french bread in a pan might seem like an obvious way to cook it, but actually it can make it ruin it. The oil in the frying pan can make your bread turn greasy. It can also make it burn on the outside, yet still be soggy on the inside as it doesn't get a chance to fully cook. ‌ Kristin Hoffman, a trained chef who goes by Baker Bettie, believes ditching the pan and following her cooking method will produce french toast which is 'perfectly crispy on the outside with a fluffy custard-y inside'. ‌ She said the recipe is easy to make as long as you bake it in the oven instead. Kristin said: 'The key to perfect pan-baked French toast is a pan heated in the oven. You want to get a sheet pan roaring hot in your heating oven while you prep your other ingredients, reports the Express. 'This will cause the bottom side of the bread to sear immediately when you put it on the pan.' ‌ Cooking French toast in the oven means every side of the bread receives the same amount of heat, so it will have a much better texture and be less greasy. Using the oven is also less effort, as you do not have to flip it or constantly hover around it like you do a frying pan. This is a simpler way to make professional French toast without much hassle, which makes it great for feeding lots of people at once if you are cooking for your family. ‌ However, if you want the French toast seared without a frying pan, you will need to either broil the bread or heat a baking tray before cooking it in the oven. How to make tastier French bread without a frying pan You will need (for eight servings) ‌ Eight pieces of bread Two eggs 120ml of milk Half a teaspoon of vanilla extract Cooking spray or butter or some oil Join the Daily Record WhatsApp community! Get the latest news sent straight to your messages by joining our WhatsApp community today. You'll receive daily updates on breaking news as well as the top headlines across Scotland. No one will be able to see who is signed up and no one can send messages except the Daily Record team. All you have to do is click here if you're on mobile, select 'Join Community' and you're in! If you're on a desktop, simply scan the QR code above with your phone and click 'Join Community'. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. To leave our community click on the name at the top of your screen and choose 'exit group'. If you're curious, you can read our Privacy Notice. ‌ To begin, place the shelf rack in the centre of the oven and then a baking tray on the rack. Preheat the oven to 230C (210C for a fan oven) for at least 20 minutes. Meanwhile, prepare your French toast by placing the eggs, milk, and vanilla extract in a bowl and whisking them together. You can add cinnamon at this stage if you wish, or if you prefer, you can add the vanilla extract. ‌ Wait for the oven to be properly preheated. Have your pieces of bread and egg mixture nearby. Use an oven mitt to remove the baking tray from the oven, then add a generous amount of cooking spray. If you wish, you can add oil or butter to the baking tray instead. Dip each piece of bread in the egg mixture, coat both sides, and then add to the baking tray. Try to do this quickly so the bread sears when it hits the hot tray. Once all the bread has been added to the baking tray, place it back in the oven. Your French toast should be cooked between five and eight minutes. When you take your French toast out of the oven, it will be golden brown with perfectly crisp edges while still being soft and pillowy on the inside.

Did Brad Pitt Demand Angelina Jolie's Private Messages Amid Ongoing Legal Battle Over Winery? Reports Reveal the Truth
Did Brad Pitt Demand Angelina Jolie's Private Messages Amid Ongoing Legal Battle Over Winery? Reports Reveal the Truth

Pink Villa

time12-07-2025

  • Entertainment
  • Pink Villa

Did Brad Pitt Demand Angelina Jolie's Private Messages Amid Ongoing Legal Battle Over Winery? Reports Reveal the Truth

Brad Pitt and Angelina Jolie, the former 'it' couple of the industry, have now locked horns in a legal battle. The exes are fighting each other over the Chateau Miraval winery, which they bought together while being married. Previously it was reported that the case will be headed for a 2-week trial. While the dates for the trial are yet to be determined, the movie claimed that the case could get complicated due to the involvement of foreign parties. In the new progress, the F1 actor has not demanded all of his ex-wife's private conversation records regarding the sale of her stake in the french winery. Will Angelina Jolie turn in her chat records in the court? According to the new filings by the lawyers of Brad Pitt, they have asked the actress to turn in her private messages with Stoli Group's Alexey Oliynik. The head of the alcohol company, as per Pitt, has the firsthand information about the sale of Jolie's stake. The filing reads, 'These requests go directly to key allegations about Pitt's objections to the sale.' The Fight Club actor 's attorneys further mentioned that it will 'easily meet the standard for discoverability given Pitt's allegations that Jolie acted with malice in selling to Stoli, a counterparty she knew Pitt opposed.' However, Oliynik refused to make an appearance in the court, stating that he is a native of Switzerland, and he cannot be forced to do so. Meanwhile, the actor's request to the judge came a year after he filed to dismiss Jolie's motion asking him to release his third-party communications over the alleged plane incident of 2016. At the time, the actor's legal team stated that the Maria star 's request was an 'intrusive' and 'sensationalist fishing expedition.' Pitt's lawyers added that the actor 'voluntarily offered to produce documents sufficient to show everything that occurred on the flight that precipitated the ex-couple's divorce—the event that Jolie alleges made Pitt's NDA request so offensive here.' Brad Pitt first filed the lawsuit against his ex-wife in 2022.

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