Short interest for Sphere Entertainment gives investors a sense of the degree to which investors are betting on the decline of Sphere Entertainment's stock. Short interest data is updated every two weeks.

Sphere Entertainment Stock (NYSE:SPHR), Short Interest Report

Sphere Entertainment

Sphere Entertainment Co is live entertainment and media company. The firm creates, writes, cast, produce, and tour shows and events. The company's portfolio includes Sphere, a next-generation entertainment medium to the world. The group has three reportable segments which include Entertainment, MSG Networks, and Tao Group Hospitality.

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Sphere Entertainment reports 98% sales growth in Q3, but misses analyst estimates. Despite a staggering 98% year-on-year sales growth to $321.3 million, Sphere Entertainment Co fell short of analyst predictions, impacting investor expectations.

Sphere Entertainment&#39;s Wild Ride: Q3 Sales Soar, Yet Fall Short Of Expectations

Thematic Music ETF (MUSQ) Prepares To Strike A Chord As Indicators Point To Upbeat Momentum

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MUSQ Global Music Industry ETF (ARCA: MUSQ) was trading flat on Thursday, forming an inside bar pattern near the top of the green Marubozu candlestick, which was printed on Wednesday.

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The 2024 year has been an exciting one for cryptocurrency investors and traders with the price of Bitcoin hitting all-time highs and meme coins once again having their spotlight.

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Sphere Entertainment Co. Class A Common Stock

Sphere Entertainment Co

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To prioritize streaming services,&nbsp;Walt Disney Co&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) has significantly reduced its investment in traditional television networks, CEO&nbsp;Bob Iger&nbsp;revealed on Wednesday.
What Happened: Speaking at Moffett Nathanson&#8217;s 2024 Media, Internet,&nbsp;and Communications Conference in New&nbsp;York, Iger said that conventional mediums like ABC will continue to function as vital marketing avenues. They will enable the engagement of older audiences who aren&#8217;t tuning into series like &#8220;Abbott Elementary&#8221; on Disney&#8217;s streaming services, reported Reuters. 
However, the company has reduced &#8220;pretty dramatically our investment in content specifically aimed at those traditional networks.&#8221;
&#8220;We feel comfortable with our hand right now, because we're using those networks efficiently and effectively,&#8221; he stated. 
See Also:&nbsp;<a href="https://www.benzinga.com/news/24/05/38789719/beating-us-sanctions-chinese-scientists-achieve-mass-production-of-optical-chips-at-low-cost?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Beating US Sanctions, Chinese Scientists Achieve Mass Production Of Optical Chips At Low Cost</a>
Shows such as &#8220;Abbott Elementary&#8221; and &#8220;Grey&#8217;s Anatomy&#8221; are swiftly moved&nbsp;to Disney&#8217;s Hulu streaming service,&nbsp;where they attract a younger&nbsp;audience. This strategy allows Disney to spread costs across platforms, according to Iger.
&#8220;We&#8217;re basically aggregating greater audience, and we&#8217;re amortizing costs and we&#8217;re using the marketing of the traditional network, really, to help in some cases,&#8221; he said, adding, &#8220;We&#8217;re doing that across the board, Disney Channel, ABC, National Geographic, and it&#8217;s working.&#8221;
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: <a href="https://www.benzinga.com/news/earnings/24/05/38669929/walt-disney-q2-earnings-profit-beat-moderating-parks-growth-password-sharing-crackdown-and-more">Disney&#8217;s second-quarter earnings</a> showed a 1% year-on-year revenue growth to $22.08 billion, slightly missing the consensus of $22.11 billion. The company&#8217;s entertainment revenue declined by 5% year-over-year to $9.8 billion, while sports revenue grew 2% year-over-year to $4.3 billion. 
During the earnings call, <a href="https://www.benzinga.com/general/entertainment/24/05/38689906/bob-iger-says-this-streaming-platform-is-the-gold-standard-praises-rival-for-cracking-down-">Iger announced a global crackdown</a> on password-sharing, citing&nbsp;Netflix Inc. as the &#8220;gold standard&#8221; in streaming. 
&#8220;We're heartened by the results that Netflix has delivered in their password-sharing initiative and believe that it will be one of the contributors to growth,&#8221; he said then, adding, &#8220;I think it's also important to note, Netflix is in many respects a gold standard when it comes to streaming.&#8221;
Photo Courtesy: Shutterstock.com
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:&nbsp;<a href="https://www.benzinga.com/news/24/05/38781739/elon-musk-says-not-trying-to-win-anything-after-australia-lifts-temporary-ban-on-x?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Says &#8216;Not Trying To Win Anything&#8217; After Australia Lifts Temporary Ban On X</a>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

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Bob Iger Says Disney Slashed Traditional TV Spending 'Pretty Dramatically' As Streaming Takes Center Stage: 'Feel Comfortable With Our Hand Right Now…'

Major U.S. indices surged on Wednesday, with the Dow Jones Industrial Average climbing 0.9% to 39,908, the S&amp;P 500 increasing almost 1.2% to 5,308.15, and the Nasdaq rising 1.4% to 16,742.39.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)
NVIDIA shares closed up 3.58% at $946.30. The stock&#8217;s intraday high was $948.62 and low was $915.99. The 52-week high and low are $974 and $288.32 respectively. A recent collaboration between NVIDIA and academic researchers has been <a href="https://www.benzinga.com/markets/equities/24/05/38851428/whats-going-on-with-nvidia-stock-today">training robots for surgery</a>, which has garnered attention.
MicroStrategy Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>)
MicroStrategy shares soared 15.86% to close at $1503.47. The stock&#8217;s intraday high was $1520.34 and low was $1351.09. The 52-week high and low are $1999.99 and $266 respectively. The company&#8217;s shares traded higher amid a <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38848026/whats-going-on-with-microstrategy-stock">rise in the price</a> of Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>).
See Also: <a href="https://www.benzinga.com/news/24/05/38781510/redditors-predict-economic-doom-brace-for-us-collapse-only-time-will-tell-how-bad-it-will-truly-get?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Redditors Predict Economic Doom, Brace For US Collapse: &#8216;Only Time Will Tell How Bad It Will Truly Get&#8217;</a>
Cisco Systems Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>)
Cisco shares rose 1.47% to close at $49.67. The stock&#8217;s intraday high was $49.73 and low was $48.73. The 52-week high and low are $58.19 and $45.7 respectively. The company reported <a href="https://www.benzinga.com/news/earnings/24/05/38857365/cisco-q3-earnings-revenue-beat-eps-beat-splunk-tailwinds-stabilization-of-demand-and-more">financial results for the third quarter</a> of fiscal 2024, beating consensus estimates of $12.53 billion as revenue came in at $12.7 billion.
Chubb Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CB#NYSE">CB</a>)
Chubb shares closed down 0.08% at $252.97. The stock&#8217;s intraday high was $253.72 and low was $251.99. The 52-week high and low are $260.58 and $183.71 respectively. The company&#8217;s shares traded higher after Berkshire Hathaway <a href="https://www.benzinga.com/news/24/05/38859697/chubb-stock-climbs-after-berkshire-hathaway-purchases-shares">purchased shares of the stock</a>.
Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla shares fell 2.01% to close at $173.99. The stock&#8217;s intraday high was $180 and its low was $173.11. The 52-week high and low are $299.29 and $138.8 respectively. The electric vehicle leader lost its position as the <a href="https://www.benzinga.com/short-sellers/24/05/38858945/tesla-loses-most-crowded-short-stock-crown-to-this-oil-giant">most crowded short stock</a> after three straight months.
Photo by WHYFRAME on Shutterstock
Prepare for the day&#8217;s trading <a href="Premarket Movers &amp; News">with top premarket movers and news</a> by Benzinga.
Read Next: <a href="https://www.benzinga.com/news/24/05/38846223/elon-musk-fired-supercharger-chief-rebecca-tinucci-and-her-entire-team-after-she-refused-to-lay-off?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Fired Supercharger Chief Rebecca Tinucci And Her Entire Team After She Refused To Lay Off More Workers Than Planned: Report</a>
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OpenAI&#8216;s chief scientist Ilya Sutskever, who <a href="https://www.benzinga.com/news/24/05/38834519/openai-chief-scientist-ilya-sutskever-steps-down-ceo-sam-altman-calls-him-a-guiding-light-of-ai-fiel">announced departure from his post</a> on Wednesday, might now be heading to Elon Musk&#8217;s xAI, according to Deepwater Asset Management&#8216;s managing partner, Gene Munster.
What Happened: Munster took to X, formerly Twitter, and suggested that Sutskever&#8217;s departure from OpenAI could lead him to Musk&#8217;s xAI. He pointed out that Sutskever had already planned his next move and expressed excitement about a project that is personally significant to him.
&#8220;My sense is the writing was on the wall since Nov-23 when Ilya regrettably recommended the board remove Sam Altman. Despite that misstep, he is still one of the world&#8217;s greatest AI talents,&#8221; Munster stated. 
He added, &#8220;My sense is there&#8217;s a 60% chance he ends up at xAI. Elon&#8217;s determined to advance Grok, his &#8216;truth seeking&#8217; foundation model, and needs world-class talent. The question is; is building a truth-seeking model &#8216;personally meaningful&#8217; to Ilya? I don't know the answer,&#8221; Munster wrote.
See Also: <a href="https://www.benzinga.com/news/24/05/38809935/openai-just-dropped-gpt-4o-and-these-10-examples-show-it-could-completely-change-ai-chatbot-game?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">OpenAI Just Dropped GPT-4o And These 10 Examples Show It Could Completely Change AI Chatbot Game</a>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Ilya Sutskever to xAI? OpenAI&#39;s Chief Scientist Ilya Sutskever is leaving the company. My sense is the writing was on the wall since Nov-23 when Ilya regrettably recommended the board remove Sam Altman. Despite that misstep, he is still one of the world&#39;s greatest AI talents.…
&mdash; Gene Munster (@munster_gene) <a href="https://twitter.com/munster_gene/status/1790755388821774710?ref_src=twsrc%5Etfw">May 15, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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OpenAI CEO Sam Altman also reacted to Sutskever leaving the company saying that it&#8217;s &#8220;very sad.&#8221; On the other hand, Musk replied to a meme video making fun of Altman&#8217;s mixed feelings about Sutskever&#8217;s departure, showing that he doesn&#8217;t believe that the OpenAI CEO is sad.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">&#x1f3af;&#x1f602;
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1790776224832512445?ref_src=twsrc%5Etfw">May 15, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Why It Matters: Sutskever&#8217;s departure from OpenAI comes after a series of significant events at the artificial intelligence giant. Last year in November, amidst a rebellion by its staff and top executives, Sutskever <a href="https://www.benzinga.com/news/23/11/35872963/deeply-regret-my-participation-openais-chief-scientist-who-voted-to-oust-altman-vows-to-reunite-the">led OpenAI&#8217;s board in firing</a> CEO Altman and removing Greg Brockman as the company&#8217;s president. 
He later expressed regret for his actions and vowed to reunite the company. &#8220;I deeply regret my participation in the board's actions. I never intended to harm OpenAI,&#8221; Sutskever said at the time. 
His departure also led to Musk recalling how he holds <a href="https://www.benzinga.com/news/24/05/38849496/elon-musk-recalls-breaking-friendship-with-googles-larry-page-over-ilya-sutskever-linchpin-for-opena">Sutskever in such high regard</a> that he broke his friendship with Alphabet Inc.&#8216;s co-founder Larry Page over it. That being said, the Tesla CEO did not give any direct answer to users asking him to hire Sutskever. 
Musk co-founded OpenAI in 2015 and subsequently left it in 2018 over a difference of opinion about the company&#8217;s leadership. The <a href="https://www.benzinga.com/news/24/03/37415380/elon-musk-sues-sam-altman-and-openai-for-refining-agi-to-maximize-profits-for-microsoft-stark-betray">tech mogul filed a lawsuit against</a> the company and its CEO in March earlier this year, alleging that OpenAI betrayed its &#8220;Founding Agreement.&#8221;
Check out more of Benzinga&#8217;s Consumer Tech coverage by <a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next: <a href="https://www.benzinga.com/news/24/05/38789719/beating-us-sanctions-chinese-scientists-achieve-mass-production-of-optical-chips-at-low-cost?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Beating US Sanctions, Chinese Scientists Achieve Mass Production Of Optical Chips At Low Cost</a>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.

OpenAI Chief Scientist That Quit Months After Participating In Coup Against Sam Altman, Likely To Join Elon Musk's xAI, Says Gene Munster: 'There's A 60% Chance'

The cryptocurrency market ushered in a strong rally Wednesday, following lower-than-expected retail inflation data.&nbsp;
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded 8:30 p.m. EDT)</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>+7.37%</td>
<td>$66,241.50</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td>
<td>+4.86%</td>
<td>$3,029.94</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td>
<td>+7.91%</td>
<td>$0.1555</td>
</tr>
</tbody>
</table>
</figure>
What Happened: Bitcoin soared past $66,000 for the first time in three weeks, lifting more than 7% in the last 24 hours. The second-largest cryptocurrency, Ethereum, followed suit, breaking $3,000 following gains of nearly 5%.
The rally brought commotion to the market, triggering liquidations worth more than $150 million in the last 24 hours. Short liquidations surged past $110 million.
The surge boosted speculative interest, with Open Interest for Bitcoin Futures reaching a one-month high of $32 billion, an 8.64% gain in the last 24 hours.
The market rallied as monthly inflation in the U.S. grew 0.3% from March, below analysts' estimates of 0.4%, according to data released by the Bureau of Labor Statistics. The softer-than-expected numbers raised expectations of easing monetary policy, resulting in increased capital inflows in the risk-on markets.
Top Gainer (24 Hour)
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Gains +/-</td>
<td>Price (Recorded 8:30 p.m. EDT)</td>
</tr>
<tr>
<td>Floki (FLOKI)</td>
<td>+9.53%</td>
<td>$0.0002103</td>
</tr>
<tr>
<td>Lido DAO (LDO)</td>
<td>+6.81%</td>
<td>$0.00001133</td>
</tr>
<tr>
<td>Arweave (AR)</td>
<td>+5.43%</td>
<td>$41.10</td>
</tr>
</tbody>
</table>
</figure>
The global cryptocurrency market cap stands at $2.39 trillion, expanding 6.56% in the past 24 hours.
The stock market reacted with the same fervor, reaching record highs on Wednesday. The S&amp;P 500 breached 5,300 for the first time, ending at 5,308.15 following a 1.17% uptick. The Dow Jones Industrial Average gained 349.89 points, or 0.88%, to close at 39,908.00, while the tech-heavy Nasdaq Composite also ended at a record high of 16,742.39, gaining 1.4% during the trading session.
U.S. Treasury yields sank lower, with the rate on the 10-year note dropping by 3 basis points to 4.323%, providing a further boost to the stocks.
See More: <a href="https://www.benzinga.com/money/best-crypto-scanners">Best Cryptocurrency Scanners</a>
Analyst Notes: Popular cryptocurrency analyst Kevin highlighted Bitcoin's falling wedge/bull flag pattern, predicting the next target as $68,000–$69,0000, a level that could offer significant resistance.
"Looking good thanks to the solid macro data we got the last two days from last month&#8217;s inflation revisions to Core CPI today," the analyst remarked.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Update on the <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> falling wedge/bull flag that we have been tracking. If we hold this breakout the next expected targets are 68K-69K which will be big resistance. Looking good thanks to the solid macro data we got the last two days from last months inflation revisions to Core… <a href="https://t.co/iGmswZLKTT">https://t.co/iGmswZLKTT</a> <a href="https://t.co/W0uzs8TdUd">pic.twitter.com/W0uzs8TdUd</a>
&mdash; Kevin (@Kev_Capital_TA) <a href="https://twitter.com/Kev_Capital_TA/status/1790785142765625506?ref_src=twsrc%5Etfw">May 15, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Another noted technical analyst, Rekt Capital, discussed the beginning of the altcoin market&#8217;s bottom, which might lead to an altcoin season that traders have long sought.
"Whether Altcoins start bottoming now in mid-May or a little later in end of May, early June&#8230;The window for Altcoin bottoming has just begun."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24ALTS&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ALTS</a> Like clockwork We&#39;re already starting to see a market-wide recovery literally in mid-May Whether Altcoins start bottoming now in mid-May or a little later in end of May, early June&#8230; The window for Altcoin bottoming has just begun<a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://t.co/JA8JQ48zr1">https://t.co/JA8JQ48zr1</a> <a href="https://t.co/hEA7Atu0fD">pic.twitter.com/hEA7Atu0fD</a>
&mdash; Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1790845377802834411?ref_src=twsrc%5Etfw">May 15, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Photo by Matt Benzero on Shutterstock
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38840285/spot-bitcoin-etfs-see-100m-inflows-on-wednesday-amid-institutional-adoption">Spot Bitcoin ETFs See $100M Inflows On Wednesday Amid Institutional Adoption</a>

Movers

$DOGE

$ETH

Bitcoin, Ethereum, Dogecoin See Long-Sought Relief Rally On Favorable Inflation Data Numbers: Analyst Forecasts $68K-$69K As Next Test For King Crypto

In the ongoing criminal trial against former President Donald Trump, his ex-personal attorney Michael Cohen is reportedly set to testify once more.
What Happened: Cohen will face cross-examination by Trump&#8217;s defense attorney on Thursday. Cohen, the last witness for the prosecution, had previously testified about his change of allegiance against Trump in 2018 and his wish for Trump&#8217;s conviction, <a href="https://www.voanews.com/a/cohen-to-testify-again-at-trump-s-criminal-trial/7613823.html">reported</a> Voice Of America News.
Trump&#8217;s defense lawyer, Todd Blanche, has cast doubt on the reliability of Cohen&#8217;s testimony, citing his apparent fixation on Trump, which includes profiting from anti-Trump merchandise and books. Blanche aims to expose Cohen&#8217;s hostility towards the former president through his line of questioning.
Cohen has confessed to earning $3.4 million in royalties from two Trump-related books and selling anti-Trump items on his website. He also hosts a podcast where he regularly criticizes Trump.
Blanche has challenged Cohen&#8217;s selective memory, pointing out his ability to remember damaging conversations with Trump from 2016, but not recent interactions with prosecutors. Cohen, however, maintains that he remembers all phone conversations with Trump.
Trump is facing 34 charges and could be sentenced to up to four years in prison if convicted. The charges include falsifying business records at his Trump Organization to conceal a $130,000 reimbursement to Cohen in 2017.
See Also: <a href="https://www.benzinga.com/general/politics/24/05/38794046/michael-cohen-says-he-never-wanted-to-go-into-law-was-offered-375k-to-work-for-donald-trump-goin?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Michael Cohen Says He Never Wanted To Go Into Law, Was Offered $375K To Work For Donald Trump: &#8216;Going To Be A Lot Of Women Coming Forward&#8217;</a>
Why It Matters: Cohen&#8217;s testimony has been a significant part of the trial. He has <a href="https://www.benzinga.com/general/politics/24/05/38832464/michael-cohen-says-he-was-knee-deep-into-the-cult-of-donald-trump-when-he-admired-lied-for-forme">admitted to lying multiple times</a> to protect Trump and has facilitated payments between Trump and several parties to maintain their silence.
His testimony has been <a href="https://www.benzinga.com/news/24/05/38844560/michael-cohen-remarkably-good-at-ny-hush-money-trial-says-ex-doj-attorney-slams-defenses-beyond-thin">praised by political experts</a> and former Department of Justice Attorney Andrew Weissmann, who called Cohen&#8217;s performance &#8220;remarkably good&#8221; and criticized the defense&#8217;s cross-examination as &#8220;beyond thin-skinned, rude.&#8221;
Trump has <a href="https://www.benzinga.com/news/24/05/38805336/trump-slams-judge-defends-actions-following-michael-cohens-testimony-in-hush-money-trial-really-a-ve">publicly criticized</a> the judge presiding over the case, calling it a &#8220;very sad day for the country.&#8221;
Photo Courtesy: Shutterstock.com
Read Next: <a href="https://www.benzinga.com/general/politics/24/05/38804590/trump-vs-biden-new-swing-state-poll-reveals-winner-one-key-2024-election-issue-could-influence-r?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Vs. Biden: New Swing State Poll Reveals Winner, One Key 2024 Election Issue Could Influence Result</a>
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Politics

Michael Cohen, Whose Testimony Attracted Praises By Experts, Set To Appear Again In Trump Hush Money Case

Mohamed El-Erian, the Chief Economic Advisor at Allianz, suggested that the latest inflation data could prompt the U.S. Federal Reserve to consider an earlier interest rate cut, potentially boosting bond and equity prices.
What Happened: El-Erian took social media platform X, to share the latest U.S. inflation figures, indicating a potential shift in the Fed&#8217;s interest rate policy. 
&#8220;At 0.3%, the monthly increase in headline US CPI was better than the consensus forecast of 0.4%. The core measure was in line with the 0.3% forecast. These #inflation numbers and softer-than-expected retail sales data —unchanged for the headline measure and down 0.3% for the &#8220;control group&#8221;—are fueling hopes for an earlier interest rate cut by the #FederalReserve, thereby boosting bond and equity prices,&#8221; El-Erian&#8217;s post read.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">At 0.3%, the monthly increase in headline US CPI was better than the consensus forecast of 0.4%. The core measure was in line with the 0.3% forecast. These <a href="https://twitter.com/hashtag/inflation?src=hash&amp;ref_src=twsrc%5Etfw">#inflation</a> numbers and softer-than-expected retail sales data —unchanged for the headline measure and down 0.3% for the…
&mdash; Mohamed A. El-Erian (@elerianm) <a href="https://twitter.com/elerianm/status/1790756974021206130?ref_src=twsrc%5Etfw">May 15, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38818809/meme-stock-surge-bothers-former-sec-chair-as-gamestop-amc-shares-rise-nearly-80-on-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Meme Stock Surge &#8216;Bothers&#8217; Former SEC Chair As GameStop, AMC Shares Rise Nearly 80% On Tuesday: &#8216;A Lot Closer To Gambling…Certainly Not Investing&#8217;</a>
Why It Matters: The latest inflation data has been a topic of keen interest, with <a href="https://www.benzinga.com/markets/equities/24/05/38842603/us-inflation-falls-as-expected-in-april-bolsters-fed-rate-cut-bets">April&#8217;s figures aligning with analyst estimates</a>, breaking a concerning three-month streak of higher-than-expected readings and reigniting hopes for a return to the Federal Reserve's 2% inflation target. This has led to speculation about a potential shift in the Fed&#8217;s interest rate policy, as hinted by El-Erian.
However, Fed Chair Jerome Powell has <a href="https://www.benzinga.com/markets/equities/24/05/38821976/fed-chair-powell-signals-patience-in-rate-policy-labels-producer-inflation-data-as-mixed">signaled patience in rate policy</a>, suggesting that the next move by the Fed would likely be to maintain the policy rate rather than increase it. This has added to the uncertainty surrounding the Fed&#8217;s future decisions.
While the potential for an earlier rate cut has sparked optimism in the bond and equity markets, it also reflects broader concerns about inflation and its impact on the economy. These concerns have been highlighted by El-Erian in a recent poll, where <a href="https://www.benzinga.com/news/24/05/38780665/mohamed-el-erian-highlights-voter-concerns-over-inflation-income-and-housing-costs-in-latest-poll-im">voter worries about inflation</a> were shown to be affecting President Joe Biden&#8216;s economic policy approval ratings.
Meanwhile, some Reddit users are increasingly predicting an <a href="https://www.benzinga.com/news/24/05/38781510/redditors-predict-economic-doom-brace-for-us-collapse-only-time-will-tell-how-bad-it-will-truly-get">economic collapse in the U.S.</a>, with some even preparing for a scenario similar to the Soviet Union's demise after the Cold War. The growing concern is being fueled by factors such as inflation, debt, and job market instability.
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38836000/macro-guru-raoul-pal-says-fresh-gamestop-led-meme-stock-frenzy-has-nothing-to-do-wi?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Macro Guru Raoul Pal Says Fresh GameStop-Led Meme Stock Frenzy Has Nothing To Do With Interest Rates: &#8216;Clock Is Ticking On The 25-40-Year-Olds&#8217;</a>
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Global

Economics

Mohamed El-Erian Says Bond And Equity Prices Getting A Boost After Softer-Than-Expected Headline CPI Numbers And Fueling 'Hopes For An Earlier Interest Rate Cut'

Ahead of the November election, former House Speaker Nancy Pelosi (D-Calif.) has expressed her disapproval of President Joe Biden debating with former President Donald Trump.
What Happened: Pelosi voiced her concerns over Trump&#8217;s past debate behavior, citing instances from 2016 and 2020 when Trump appeared to physically intimidate his opponents and frequently interrupted the moderator, <a href="https://thehill.com/homenews/campaign/4666882-pelosi-says-she-would-never-recommend-biden-debate-trump/">reported</a> The Hill.
"I myself would never recommend going on stage with Donald Trump," Pelosi told CNN's on Wednesday, according to the report.
&#8220;But the president has decided that's what he wants to do,&#8221; said the former speaker. "I think the format he is suggesting is a good one."
The first debate, hosted by CNN, is scheduled for June 27, followed by a second debate on September 10, hosted by ABC. These debates are part of a strategic move by the Biden campaign to highlight the differences between the two candidates.
Pelosi suggested that networks hold separate town hall meetings, allowing the candidates to answer questions about the future and let the public make their decision.
See Also: <a href="https://www.benzinga.com/news/24/05/38779447/biden-vs-trump-matchup-in-this-traditionally-red-state-shows-republican-partys-lead-could-shrink-due?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Biden Vs. Trump Matchup In This Traditionally Red State Shows Republican Party&#8217;s Lead Could Shrink Due To This Factor</a>
Why It Matters: The decision to debate comes after a series of events. In March, Trump <a href="https://www.benzinga.com/general/politics/24/03/37550422/trump-ready-to-debate-biden-anytime-anywhere-anyplace-how-media-companies-shareholders-could-be-">expressed his readiness</a> to debate Biden &#8220;anytime, anywhere, anyplace.&#8221; 
This was followed by Biden signaling his intent to <a href="https://www.benzinga.com/general/politics/24/05/38849634/biden-signals-intent-to-debate-trump-in-june-make-my-day-pal">participate in debates</a> in a post on social media in May, stating, &#8220;Make my day, pal. I'll even do it twice.&#8221;
Photo Courtesy: Shutterstock.com
Read Next: <a href="https://www.benzinga.com/news/24/05/38833901/pete-buttigieg-left-speechless-after-airlines-sue-biden-administration-over-new-fees-regulations?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Pete Buttigieg Left &#8216;Speechless&#8217; After Airlines Sue Biden Administration Over New Fees Regulations</a>
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Nancy Pelosi On Upcoming Presidential Debate: 'I Would Never Recommend Going On Stage With Donald Trump'

Rep. Marjorie Taylor Greene (R-Ga.) praised the courage of Slovakia&#8217;s Prime Minister, Robert Fico, following an assassination attempt, in relation to his stance on the World Health Organization and COVID-19 vaccinations.
What Happened: On Wednesday, Greene took to X, formerly Twitter, to express her admiration for Fico&#8217;s bold stance against the WHO and mass vaccinations. She tweeted, &#8220;This is great and courageous. No wonder they shot him. I pray he makes a full recovery.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This is great and courageous. No wonder they shot him. I pray he makes a full recovery. <a href="https://t.co/SKuLUNtypG">https://t.co/SKuLUNtypG</a>
&mdash; Marjorie Taylor Greene &#x1f1fa;&#x1f1f8; (@mtgreenee) <a href="https://twitter.com/mtgreenee/status/1790771908054483380?ref_src=twsrc%5Etfw">May 15, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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The tweet came in response to a video, shared by an X user and featuring Fico, where he declared that his party, the Slovakia Democratic Party, would not support strengthening the powers of the WHO. He also voiced his concerns about the consequences of mass vaccination with experimental, untested vaccines.
In response to Greene, some X users pointed out that she was pushing conspiracy theories, while others questioned with incredulity her &#8220;no wonder they shot him&#8221; statement.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">You have no idea why he was shot, but leave it to you to push conspiracy theories. &#x1f644;
&mdash; Art Candee &#x1f37f;&#x1f964; (@ArtCandee) <a href="https://twitter.com/ArtCandee/status/1790772956919984364?ref_src=twsrc%5Etfw">May 15, 2024</a></blockquote>
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">No wonder they shot him? What kind of statement is that?
&mdash; Christopher Hyre (Horoshak) (@ChrisHoroshak) <a href="https://twitter.com/ChrisHoroshak/status/1790784908597608562?ref_src=twsrc%5Etfw">May 15, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/news/24/05/38780420/robert-kennedy-jr-a-maga-crazy-republican-who-could-draw-votes-away-from-gop-says-former-congressman?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Robert Kennedy Jr. A &#8216;MAGA Crazy Republican&#8217; Who Could Draw Votes Away From GOP, Says Former Congressman:</a>
Why It Matters: Greene&#8217;s tweet comes in the wake of an <a href="https://www.benzinga.com/news/24/05/38845607/slovakias-prime-minister-robert-fico-hospitalized-after-assassination-attempt-suspect-detained-repor">assassination attempt</a> on Fico. The Slovak PM was hospitalized following a shooting incident in Handlova, a town approximately 150 kilometers northeast of the capital, Bratislava. A suspect has since been apprehended in relation to the shooting.
Greene, known for her controversial statements and <a href="https://www.benzinga.com/news/24/02/37174934/marjorie-taylor-greene-faces-democratic-criticism-over-vulgarity-and-conspiracy-in-vaccine-hearing">support for conspiracy theories</a>, has previously faced criticism from her Democratic colleagues for her comments on vaccine safety. During a hearing, she <a href="https://www.benzinga.com/news/24/02/37174934/marjorie-taylor-greene-faces-democratic-criticism-over-vulgarity-and-conspiracy-in-vaccine-hearing">challenged experts</a> from the Food and Drug Administration and the Centers for Disease Control and Prevention on their policies.
Photo by lev radin on Shutterstock
Read Next: <a href="https://www.benzinga.com/news/24/05/38822521/michael-cohens-testimony-wins-over-political-experts-this-is-the-day-that-donald-trump-looked-most-l?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Michael Cohen&#8217;s Testimony Wins Over Political Experts: &#8216;This Is The Day That Donald Trump Looked Most Like A Criminal&#8217;</a>
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Marjorie Taylor Greene Says Slovak PM 'Great' And 'Courageous' Over COVID-19 Vaccine, WHO Stance: 'No Wonder They Shot Him'

ELWS

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

DRMA

SEEL

Kevin O'Leary is quite blunt when it comes to giving important advice, especially when it concerns business and money. While the "Shark Tank" host has doled out plenty of advice over the years, he follows it himself too, and is known for his frugal lifestyle.
Be it expensive coffee or sandwiches, O'Leary follows these five things in his life so he does not waste his money.
<h3 class="wp-block-heading">1. No Expensive Dates</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095542/Kevin-1-1-1024x585.jpg" alt="" class="wp-image-339512" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095542/Kevin-1-1-1024x585.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095542/Kevin-1-1-300x171.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095542/Kevin-1-1-768x439.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095542/Kevin-1-1-1536x878.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095542/Kevin-1-1.jpg 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Representational image of a date &#x7C; Photo generated using Dall-E</figcaption></figure>
Perhaps this is easier said than done at times, but O'Leary does not like expensive dates. Instead, he wants people to look at dating as an investment.
"You're going to spend money and you're going to spend time [on dates], so look at that significant other in the context of, ‘Do I want to spend time with them?' And, ‘Do I want to invest money in them?&#8217;" he <a href="https://www.cnbc.com/2018/06/25/kevin-oleary-how-to-decide-what-to-spend-on-a-date.html">said</a> in a CNBC interview.
<h3 class="wp-block-heading">2. No Expensive Coffee</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095608/Kevin-2-1-1024x585.jpg" alt="" class="wp-image-339514" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095608/Kevin-2-1-1024x585.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095608/Kevin-2-1-300x171.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095608/Kevin-2-1-768x439.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095608/Kevin-2-1-1536x878.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095608/Kevin-2-1.jpg 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Representational image of a person making coffee &#x7C; Photo generated using Dall-E</figcaption></figure>
O'Leary thinks it is "such a waste of money" to buy expensive coffee that costs $2.50 to purchase but "about 18 cents" to make.
"I drink coffee, one cup every morning. It costs about 18 cents to make it, and I invest the rest," he <a href="https://www.youtube.com/watch?v=56XYThTXgOQ">said</a> in another interview on CNBC.
<h3 class="wp-block-heading">3. Not Buying $15 Sandwiches</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095628/Kevin-3-1024x585.jpg" alt="" class="wp-image-339516" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095628/Kevin-3-1024x585.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095628/Kevin-3-300x171.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095628/Kevin-3-768x439.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095628/Kevin-3-1536x878.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095628/Kevin-3.jpg 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Representational image of a person making a sandwich &#x7C; Photo generated using Dall-E</figcaption></figure>
O'Leary is not a big fan of spending too much on eating out – he thinks spending $15 on sandwiches makes no sense for something that costs 99 cents to make at home.
"You know, you go to work, you spend 15 bucks on a sandwich. What are you an idiot?" he <a href="https://www.tiktok.com/@kevinolearytv/video/7275123149476252971?lang=en">said</a> in a TikTok video.
<h3 class="wp-block-heading">4. No Fast Fashion</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095644/Kevin-4-1024x585.jpg" alt="" class="wp-image-339519" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095644/Kevin-4-1024x585.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095644/Kevin-4-300x171.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095644/Kevin-4-768x439.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095644/Kevin-4-1536x878.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095644/Kevin-4.jpg 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Representational image of a closet full of suits &#x7C; Photo generated using Dall-E</figcaption></figure>
O'Leary thinks spending too much on clothes is another big source of throwing money down the drain.
"If you actually look at your closet, you probably wear the same 20% 80% of the time, and the rest of the stuff you bought is wasted," said O'Leary in an interview with Entrepreneur.
He added that he has 20 suits and carries four of them with him – he wears them out before buying new ones, which helps him not waste money.
<h3 class="wp-block-heading">5. Not Buying Things You Don't Need</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="585" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095712/Kevin-5-1024x585.jpg" alt="" class="wp-image-339520" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095712/Kevin-5-1024x585.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095712/Kevin-5-300x171.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095712/Kevin-5-768x439.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095712/Kevin-5-1536x878.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/15095712/Kevin-5.jpg 1792w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Representational image of a person reading a book &#x7C; Photo generated using Dall-E</figcaption></figure>
Another important factor to keep in mind while buying things is asking yourself, "Do I really need this?" says O'Leary.
"So, I don't buy a lot of crap. I buy good stuff that I need and I invest the rest."
Photo courtesy: Flickr

Personal Finance

5 Things Shark Tank's Kevin O'Leary Does Not Waste His Money On And You Shouldn't, Either

Xos (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XOS#NASDAQ">XOS</a>) reported quarterly losses of $(1.80) per share which beat the analyst consensus estimate of $(2.25) by 20 percent. This is a 58.33 percent increase over losses of $(4.32) per share from the same period last year. The company reported quarterly sales of $13.162 million which missed the analyst consensus estimate of $15.720 million by 16.27 percent. This is a 180.22 percent increase over sales of $4.697 million the same period last year.

Earnings Beats

Earnings Misses

Xos Q1 2024 GAAP EPS $(1.80) Beats $(2.25) Estimate, Sales $13.162M Miss $15.720M Estimate

Did you know that 40% of all food in the United States ends up in the trash? And guess what? Nearly half of that comes from our very own kitchens. Yes, we&#8217;re all a bit guilty of messing up portion sizes, cooking too much and then letting those leftovers linger in the fridge until they&#8217;re no longer recognizable. But let's switch things up.
Here are five clever ways to tackle those leftovers and cut down on food waste.
<h3 class="wp-block-heading">1. Plan to Have Leftovers</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14051030/leftover-food-recycling-3-1024x576.jpeg" alt="When you're planning meals, think about what the extras can become. Image: Dall-E 3" class="wp-image-336658" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14051030/leftover-food-recycling-3-1024x576.jpeg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14051030/leftover-food-recycling-3-300x169.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14051030/leftover-food-recycling-3-768x432.jpeg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14051030/leftover-food-recycling-3.jpeg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">When you're planning meals, think about what the extras can become. Image: Dall-E 3</figcaption></figure>
When you&#8217;re whipping up your next meal, think a step ahead. Making double the veggies or rice isn&#8217;t just about having leftovers, it's also about setting yourself up for an easy meal later. Imagine turning last night's roast chicken into today's chicken salad sandwich. Or how about freezing half of tonight&#8217;s rice for a quick stir-fry next week? You&#8217;re not just saving food, you&#8217;re also saving time and money in the process.
<h3 class="wp-block-heading">2. Get Smart About Storage</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14052226/leftover-food-recycling-5-1024x576.jpeg" alt="Glass containers are not just reusable; they let you see what's inside without even opening them. Image: Dall-E 3" class="wp-image-336682" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14052226/leftover-food-recycling-5-1024x576.jpeg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14052226/leftover-food-recycling-5-300x169.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14052226/leftover-food-recycling-5-768x432.jpeg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14052226/leftover-food-recycling-5.jpeg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Glass containers are not just reusable; they let you see what's inside without even opening them. Image: Dall-E 3</figcaption></figure>
Ever lost a container of leftovers in the back of the fridge? Consider switching to glass containers. They&#8217;re better for the planet, and you can actually see what's inside without opening the lid. And for freezing, grab some zip-top bags, label them with what&#8217;s inside and the date, and you'll make your life a whole lot easier.
<h3 class="wp-block-heading">3. Declare a Leftover Night</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14051610/leftover-food-recycling-4-1024x576.jpeg" alt="Discipline yourself to commit to eating down the fridge one night a week. Image: Dall-E 3" class="wp-image-336669" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14051610/leftover-food-recycling-4-1024x576.jpeg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14051610/leftover-food-recycling-4-300x169.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14051610/leftover-food-recycling-4-768x432.jpeg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14051610/leftover-food-recycling-4.jpeg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Discipline yourself to commit to eating down the fridge one night a week. Image: Dall-E 3</figcaption></figure>
Is your fridge starting to look like a food museum? Pick one night a week and dedicate it to eating up all those leftovers. Call it the &#8220;Fridge Clean-Out Feast&#8221; or whatever fun name you like. It's like a culinary challenge in your own kitchen!
<h3 class="wp-block-heading">4. Lunch Transformation</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14051719/leftover-food-recycling-1-1024x576.jpeg" alt="Stash a lunch-able portion of dinner in a container and pack it for lunch the next day. Image: Dall-E 3" class="wp-image-336673" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14051719/leftover-food-recycling-1-1024x576.jpeg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14051719/leftover-food-recycling-1-300x169.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14051719/leftover-food-recycling-1-768x432.jpeg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14051719/leftover-food-recycling-1.jpeg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Stash a good portion of dinner in a container and pack it for lunch the next day. Image: Dall-E 3</figcaption></figure>
Turn dinner&#8217;s extras into tomorrow's lunch. It's a no-brainer way to save some cash and eat healthier. Packing up a portion of tonight's dinner means you've got a homemade meal ready to go for lunch at work. No extra cooking is required — just scoop, store, and enjoy the next day!
<h3 class="wp-block-heading">5. Rethink Your Leftovers</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14051830/leftover-food-recycling-2-1024x576.jpeg" alt="Try and see leftovers from the lens of a chef and use them as ingredients in your next meal. Image: Dall-E 3" class="wp-image-336674" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14051830/leftover-food-recycling-2-1024x576.jpeg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14051830/leftover-food-recycling-2-300x169.jpeg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14051830/leftover-food-recycling-2-768x432.jpeg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/05/14051830/leftover-food-recycling-2.jpeg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">See leftovers from the lens of a chef and use them as ingredients in your next meal. Image: Dall-E 3</figcaption></figure>
Don't see your leftovers as just reheated meals. Those extra noodles? They're the base of a killer new frittata. Got some veggies hanging around? Whip them into a vibrant pasta sauce with a can of tomatoes. Or roll last night's rice and chicken into a burrito, add a dollop of sour cream and some salsa, and bam! You've got yourself a new meal.

Health Care

Back Of The Fridge Treasures: 5 Ways To Transform Leftovers And Feel Good About Reducing Food Waste

Adult actress Stormy Daniels is a key person in the criminal trial alleging former President Donald Trump<a href="https://www.benzinga.com/general/politics/24/04/38251447/trump-hush-money-trial-preview-key-witnesses-2024-campaign-impact-prison-time-trump-could-face-i"> falsified business records.</a>
Daniels said she wants to see justice play out and Trump to be held accountable. If he's found not guilty, she might be ready to leave the country.
What Happened: Even though she is<a href="https://www.benzinga.com/general/politics/24/05/38687167/stormy-daniels-wants-trump-to-be-held-accountable-go-to-jail-former-presidents-lawyers-call-for-"> done testifying in the criminal trial</a>, Daniels is still closely watching the result of the jury trial against Trump.
Daniels' husband Barrett Blade was recently interviewed by CNN and shared that the duo might be leaving the U.S. if Trump receives a not guilty verdict from the jury.
"Either way, I don't think it gets better for her. I think if it's not guilty, we got to decide what to do. Good chance we'll probably vacate this country," Blade <a href="https://www.cnn.com/videos/politics/2024/05/15/barrett-blade-stormy-daniels-husband-trump-trial-ebof-hnk-digvid.cnn">told </a>CNN's "OutFront" Tuesday, as <a href="https://nypost.com/2024/05/15/us-news/stormy-daniels-husband-says-theyll-likely-leave-us-if-trump-is-found-not-guilty/">shared </a>by the New York Post.
Blade, who is an adult film star like Daniels, said his wife, whose real name is Stephanie Clifford, suffered from Trump supporters&#8217; hate and it would likely continue regardless of the verdict.
"I know that we would like to get on with our lives. I know that she wants to move past this. We just want to do what I guess you'd say normal people get to do in some aspects but I don't know if that ever will be, you know, and it breaks my heart."
Related Link: <a href="https://www.benzinga.com/general/politics/24/05/38749159/stormy-daniels-says-she-never-asked-for-money-in-trump-hush-money-case-former-president-declares">Stormy Daniels Says She &#8216;Never Asked For Money&#8217; In Trump Hush Money Case, Former President Declares He&#8217;s &#8216;So Innocent&#8217;</a>
Why It's Important: Daniels was one of the key witnesses in the trial and could help the prosecution prove that hush money payments were made to her to silence her ahead of the 2016 presidential election.
It was revealed after Daniels' testimony that she wore a bulletproof vest while arriving at court out of fear.
"She was paralyzed with fear — not taking the stand or telling her story, but [of] what some nut might do to her," Daniels' lawyer Clark Brewster <a href="https://www.cnn.com/2024/05/13/politics/video/stormy-daniels-bulletproof-vest-clark-brewster-trump-hush-money-trial-ac360-digvid?cid=ios_app">told </a>CNN.
Daniels could remain a key figure in the case after the verdict is read and likely won&#8217;t be able to live a normal life in the U.S. for some time.
Read Next: <a href="https://www.benzinga.com/general/politics/24/04/38326553/trump-hush-money-trial-has-12-jurors-here-are-the-7-men-5-women-to-decide-former-presidents-fate">Trump Hush Money Trial Has 12 Jurors: Here Are The 7 Men, 5 Women To Decide Former President&#8217;s Fate</a>
Photo: <a href="https://www.shutterstock.com/g/Pixels+Hunter">Pixels Hunter</a> via Shutterstock

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Stormy Daniels Could Leave US If Trump Found Not Guilty: 'I Don't Think It Gets Better For Her'

Guidance

ZTO Express (Cayman) Reiterates That Its Parcel Volume For 2024 Is Expected To Increase 15% - 18% Y/Y

Vaccinex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VCNX#NASDAQ">VCNX</a>) reported quarterly losses of $(2.94) per share. The company reported $104.00 thousand in sales this quarter. This is a 81.09 percent decrease over sales of $550.00 thousand the same period last year.

VCNX

Vaccinex Q1 EPS $(2.94), Sales $104.00K Down From $550.00K YoY

Medicine Man Technologies, Inc., operating as Schwazze (OTC: <a class="ticker" href="https://www.benzinga.com/stock/shwz#OTC">SHWZ</a>),&nbsp;announced its financial results for the first quarter ended March 31, 2024.
Schwazze&#39;s interim CEO, Forrest Hoffmaster, <a href="https://ir.schwazze.com/news-releases/news-release-details/schwazze-announces-first-quarter-2024-financial-results">commented</a> on the results.&nbsp;&quot;We delivered another period of <a href="https://www.benzinga.com/markets/cannabis/24/03/37987400/schwazze-reports-slight-revenue-drop-in-q4-2023-amid-fierce-competition-in-cannabis-retail-secto">revenue growth</a> in Q1 as we further refined our retail strategy while contending with the prolonged competitive challenges in Colorado and New Mexico.&quot;
<h3>Operational And Strategic Developments</h3>
Schwazze has focused on enhancing its <a href="https://www.benzinga.com/topic/retail-cannabis">retail and wholesale strategies</a>, including pricing, promotions&nbsp;and improving the in-store experience. The company reported that its <a href="https://www.benzinga.com/topic/colorado-cannabis">Colorado sales</a> were down 10% year-over-year due to lower volumes, but overall sales were up 9%, outperforming the market.
In <a href="https://www.benzinga.com/topic/new-mexico-cannabis">New Mexico</a>, despite the rapid increase in store counts, the company concentrated on high-<a href="https://www.benzinga.com/topic/cannabis-branding">quality products and customer experience</a>, leading to strong performance.
&quot;Over the past four years we have rapidly scaled our footprint through 13 acquisitions, building a leading retail presence in both Colorado and New Mexico. We believe these initiatives, coupled with our operating playbook and strict cost controls, will enable us to return to stronger levels of <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38254223/marijuana-investors-bet-big-on-long-term-growth-over-short-term-earnings-as-market-">profitability moving forward</a>,&quot;&nbsp;Hoffmaster noted.
<h3>Key Financial Metrics</h3>
<ul>
<li>Total Revenue: $41.6 million in Q1 2024, up 4% from $40.0 million in Q1 2023.</li>
<li>Gross Profit: $17.9 million (43.1% of total revenue) in Q1 2024, down from $21.8 million (54.6% of total revenue) in Q1 2023.</li>
<li>Income (loss) from Operations: Loss of $2.7 million in Q1 2024, compared to income of $5.6 million in Q1 2023.</li>
<li>Net Loss: $16.1 million in Q1 2024, compared to net income of $1.7 million in Q1 2023.</li>
<li>Adjusted EBITDA: $7.3 million in Q1 2024, down from $14.5 million in Q1 2023.</li>
<li>Operating Cash Flow: Negative $3.7 million in Q1 2024, compared to negative $0.88 million in Q1 2023.</li>
<li>Operating Expenses: $20.6 million in Q1 2024, up from $16.2 million in Q1 2023.</li>
</ul>
<h3>Financial Position</h3>
As of March 31, 2024, Schwazze reported cash and cash equivalents of $13.2 million, down from $19.2 million on December 31, 2023. Total debt increased to $159.7 million from $156.8 million during the same period.
To learn more about the cannabis business and how to invest in the sector,&nbsp;don&#39;t miss the opportunity to join us at the&nbsp;<a href="https://www.benzinga.com/events/cannabis-conference/?UTM_source=article" target="_blank">19th Benzinga Cannabis Capital Conference</a>&nbsp;in Chicago this October 8-9. Engage with top executives, investors, policymakers, and advocates to explore the industry&#39;s future. Secure your tickets now before prices increase by following&nbsp;<a href="https://www.eventbrite.com/e/benzinga-capital-conference-cannabis-fall-2024-tickets-858948065787?aff=oddtdtcreator" target="_blank">this link</a>.
<h3>Recent Operational Highlights</h3>
<ul>
<li>Expansion: Opened a new dispensary under the Everest Apothecary banner in Las Cruces, New Mexico, increasing its retail footprint to 34 stores.</li>
<li>Wholesale Growth: Achieved over 30% door penetration in Colorado and New Mexico.</li>
<li>Product Performance: Lowell Herb Co. pre-roll sales increased more than threefold quarter-over-quarter in Colorado, and Wana gummy sales doubled in New Mexico.</li>
</ul>
Photo: AI-Generated Image.&nbsp;

Cannabis

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SHWZ

Schwazze's Q1 2024 Financial Results: Takes A Hit In Colorado, Overall Cannabis Sales Up By 9%

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SPIR

Spire Global Cuts FY24 Revenue Outlook From $138M-$148M To $122M-$132M, Est $141.758M; Adj EPS From $(0.24) - $0.11 To  $(1.11) - $(0.70), Est $(1.50)

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Sphere Entertainment GAAP EPS of -$1.33 misses by $1.14, revenue of $321.33M misses by $3.32M

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Sphere Entertainment (NYSE:<a href="https://investorplace.com/stock-quotes/sphr-stock-quote/">SPHR</a>) just reported results for the third quarter of 2024.<ul><li>Sphere Entertainment reported earnings per share of -$1.33. This was below the analyst estimate for EPS of -19 cents.</li><li>The company reported revenue of $321.33 million.</li><li>This was 1.02% worse than the analyst estimate for revenue of $324.63 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/05/sphr-stock-earnings-sphere-entertainment-for-q3-of-2024/">SPHR Stock Earnings: Sphere Entertainment Misses EPS, Misses Revenue for Q3 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

SPHR Stock Earnings: Sphere Entertainment Misses EPS, Misses Revenue for Q3 2024

Sphere Entertainment Co. (SPHR) Q3 2024 Earnings Call Transcript

Sphere Entertainment Co. (SPHR) has disclosed a new risk, in the Debt & Financing category. Sphere Entertainment Co. faces a significant financial ...

Sphere Entertainment's Financial Stability Threatened by Convertible Debt Risks

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Analysts have been eager to weigh in on the Communication Services sector with new ratings on IHS Holding (IHS – Research Report), Tencent Holdings...

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SPHERE ANNOUNCES FIRST KEYNOTE EVENT WITH HEWLETT PACKARD ENTERPRISE - NEXT-GENERATION VENUE POISED TO REDEFINE BRAND STORYTELLING AND KEYNOTE CATEGORY

Sphere Entertainment Co. to Host Fiscal 2024 Third Quarter Conference Call

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Sphere Entertainment Stock (NYSE:SPHR), Short Interest Report

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