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Marriott has been the strongest winner in the travel market, but its strength may now be masking a weaker structure. Despite industry-level growth, the stock is trading at a very high premium compared to its peers, and the chart shows signs of a potential top formation. In a market increasingly focused on slowing growth, slowing consumer spending, and more selective valuation discipline, Marriott would likely be vulnerable to a significant re-rating downgrade if execution is any downside. Trade Timing and Outlook Marriott’s chart is starting to show signs of a potential major top. Head-and-Shoulders Setup: The stock appears to be…

Anthropic accidentally deleted thousands of code repositories on GitHub while attempting to retrieve a copy of the source code for its most popular product from the internet. On Tuesday, software engineers discovered that Anthropic had accidentally included access to the source code of its category-leading Claude Code command-line application in a recent release. AI enthusiasts scoured the leaked code for clues about how Anthropic uses the application’s underlying LLM and shared it on GitHub. Anthropic issued a takedown notice under U.S. digital copyright law, asking GitHub to remove the repository containing the offending code. GitHub records show that the notification…

Sean “Diddy” Combs’ ex-girlfriend says she fainted after reading Kathy Ventura’s lawsuitJane said this on the way. her testimony Part of Ventura’s November 2023 lawsuit-Finally settled-reflected her own experience with comb. “I almost passed out. In fact, I think I passed out,” she tearfully told jurors. “There were three specific pages that made harrowing references to what I was going through.” Jane, who attended “Night at the Hotel,” said she felt like she was reading “her own story.” That led her to confront Combs via text message. “I feel like I’m reading my own sexual trauma,” she wrote in a…

Jeremy Siegel says the U.S. economy still has room to expand unless gas prices rise significantly above $4 a gallon. “I don’t think it’s going to go much higher than $4.10 unless something extreme is done,” the professor emeritus of finance at the University of Pennsylvania’s Wharton School of Business told CNBC’s “Squawk on the Street” on Wednesday. “And in that oil situation, the economy could expand.” Investors worry that rising prices could cause household spending to rise quickly, putting upward pressure on inflation, while a weakening labor market could lead to slower economic growth. U.S. gasoline prices have topped…

When three villagers from China’s Sichuan province wrote to local officials in 2022 asking why the government was confiscating their land and evicting them from their homes, they received a terse reply: It was a “state secret.” That secret, a CNN investigation has found, centered on China’s covert plans to massively expand its nuclear ambitions. More than three years after the evictions, satellite images show, their village has been flattened and, in its place, new buildings erected to support some of China’s most important nuclear weapons production facilities. The expansion of the sites in Sichuan province, observed in satellite imagery…

Courteney Cox tells a ghost story. The Friends star told Howard Stern that she had a delivery person ring her doorbell to alert her of the unexpected visitor. “I answered it and got the package, and he said, ‘Did you know this house is haunted?'” Courtney said on a 2022 episode of her SiriusXM show. “And I think, ‘Really? Why?'” He says, “Because there’s someone standing behind you.” And I thought, “Oh, yeah.” ”But this wasn’t her only spooky experience. Courtney also remembered the fear she felt in London. “We just got there,” the Scream alum added. “Yeah, I was…

Jim Cramer’s CNBC Investment Club hosts a “Morning Meeting” livestream weekdays at 10:20 a.m. ET. A recap of Wednesday’s key moments. 1. Stocks rose again on Wednesday on hopes that the Iran war is nearing a resolution. The tech-heavy Nasdaq Composite Index led the way, rising about 1.5% on the day, while the S&P 500 and the blue-chip Dow Jones Industrial Average both rose steadily. The move built on Tuesday’s monster rally in which all three major indexes posted their best one-day gains since May. Jim Cramer cautioned against thinking that some market watchers are chalking this up to just…

intel Shares rose 10% on Wednesday after the U.S. chipmaker said it would buy back the 49% stake it does not own in its Fab 34 chip facility in Ireland for $14.2 billion. Semiconductor company sells 49% stake in Irish manufacturing facility to acquisition company Apollo Global Management In 2024, it will reach $11.2 billion.“The 2024 agreement was the right time and the right structure to provide Intel with meaningful flexibility to accelerate important initiatives,” Intel CFO David Zinsner said in a press release. “Today, we have a stronger balance sheet, improved financial discipline and an evolved business strategy.”The move…

While small-cap stocks were lower during a difficult March for the market, Oppenheimer thinks some of these stocks could soar as spring begins. In a note on Wednesday, the firm listed 30 small- and mid-cap stocks that it believes are outperforming and poised for strong upside. Additionally, all stocks have market capitalizations between $1 billion and $12 billion. Of these 30 stocks, Oppenheimer highlighted several that he considers to be the “best of the best.” The best-rated company is Armis, which has had the best year-to-date performance among the companies on the list and has already more than doubled in…

Data centers have become so large that their power demands are now equivalent to an entire U.S. state. Take Meta’s Hyperion AI data center, for example. Once completed, the new AI data center will consume as much electricity as the state of South Dakota. Meta announced last week that it would fund seven natural gas power plants to support the $27 billion data center, in addition to the three it had already committed to building. Together, Louisiana’s 10 power plants will generate about 7.5 gigawatts of electricity, slightly more than the entire Mount Rushmore state. Like many technology companies, Meta…