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☆ The stock market flips and tech falls out of favor — why this move may be hard to stop
▼ + stars: | 2024-06-24 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The oil rally was certainly helping our lone energy stock, Coterra Energy, which was nearly 4% higher on Monday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, —, Procter, Cramer, Jim Cramer's, Jim Organizations: CNBC, Dow Jones, Nasdaq, Nvidia, Coterra Energy, Micron, Apple, Broadcom, Procter & Gamble, TJX Companies, Industrial, Honeywell, Gamble, Conference, Jim Cramer's Charitable Locations: Dover

☆ Coterra's smart pivot to oil from natural gas leads to an excellent first quarter and sweeter outlook
▼ + stars: | 2024-05-02 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Coterra Energy Why we own it: Formed by the merger of Cabot Oil & Gas and Cimarex, Coterra Energy is an exploration-and-production company with a high-quality, diversified asset portfolio. In addition, we were pleased to see Coterra raise its full-year oil production outlook without moving its capex guidance. Coterra's mix of oil and natural gas acreage gives it the flexibility to adjust its drilling focus. However, the oil guide was higher and natural gas production was lighter than anticipated. Permian Basin rigs in 2020, when U.S. crude oil production dropped by 3 million a day as Wall Street pressure forced cuts.

Persons: It's, Coterra, Tom Jorden's, we've, We'll, Jim Cramer's, Jim Cramer, Jim, Paul Ratje Organizations: Coterra Energy, Revenue, LSEG, Cabot Oil & Gas, EQT Corp, Devon Energy, Oil, Texas, Coterra, CNBC, Afp, Getty Locations: U.S, repurchased, Houston, Marcellus

☆ Tech stocks slide as pivotal Nvidia conference and Fed meeting come into focus
▼ + stars: | 2024-03-15 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

The S & P 500 and 30-stock Dow also were lower Friday, but have held up better than the Nasdaq for the week. Sector spotlight: There's a whole lot of red among S & P 500 sectors Friday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Stocks, Dow, Jensen Huang, Jim, I've, Jensen, Jim Cramer's, Brendan McDermid Organizations: CNBC, Nasdaq, Microsoft, Apple, Adobe, Energy, Valero Energy, Bank of America, Marathon Petroleum, Phillips, Coterra Energy, VanEck Semiconductor, Nvidia, Broadcom, tailwinds, Club, Jim Cramer's Charitable, Traders, New York Stock Exchange Locations: U.S, New York City

☆ Our lone energy stock is not getting the credit for 2 things it did well this quarter
▼ + stars: | 2024-02-23 | by ( Jeff Marks | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. These are the brave analysts who upgraded Foot locker in December when the stock was at $28 apiece. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Goldman Sachs, Marcellus, Piper Sandler, Jim Cramer's, Jim Organizations: CNBC, Nvidia, Coterra Energy Locations: CTRA, FL

☆ CNBC Pro Talks: From AI to U.S.-China rivalry, one CIO shares how — and where — to invest
▼ + stars: | 2024-01-24 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +1 min

From electric vehicles, artificial intelligence and geopolitics, opportunities are seized by looking at disruptive changes in the global economy, according to Kingsley Jones of boutique advisory firm Jevons Global. Jones is bullish on the usual Big Tech names, but says they're "boring." "This year our attention has turned to under-valued growth stocks that are natural beneficiaries of AI," he added. To discover more on the themes — and stocks and ETFs — that Jones likes, join CNBC Pro Talks on Thursday, Jan. 25, at 6:30 a.m. BST / 2:30 p.m. SGT / 1:30 a.m. Learn more from our previous Pro Talks: Portfolio manager explains why he has the 'most conviction' in this China tech stock Fund manager reveals the one energy stock to buy right now Forget Tesla.

Persons: Kingsley Jones, Jevons, Koulouris, Jones, Goldman Sachs Organizations: U.S, Big Tech, CNBC, BYD Locations: China

☆ OPEC says oil industry unjustly vilified ahead of COP28 climate talks
▼ + stars: | 2023-11-27 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

The Organization of Petroleum Exporting Countries on Monday said the oil and gas industry is being unjustly vilified ahead of a pivotal United Nations conference on the climate crisis later this week. OPEC Secretary General Haitham Al Ghais pushed back against accusations that the industry is not doing enough to reduce carbon emissions. The industry was taken to task last week for its role in the climate crisis and its commitment to clean energy by the Paris-based International Energy Agency (IEA). Just 1% of global investment in clean energy comes from the oil and gas industry, according to the IEA. Al Ghais also said oil and gas companies are making major investments in renewables and technologies that reduce emissions.

Persons: Haitham Al Ghais, who's, Al Ghais, Fatih Birol, Birol Organizations: OPEC, of Petroleum, United Nations, International Energy Agency, Change, United Arab, UAE, Exxon, Chevron, Natural Resources, IEA, Producers, Occidental Petroleum, U.N Locations: Russia, Paris, Kuwaiti, United Arab Emirates, U.S, Al

☆ Fund manager reveals one global energy stock to buy right now
▼ + stars: | 2023-11-27 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Total Energies is one energy stock investors should own right now, according to Brian Arcese, portfolio manager at investment firm Foord Asset Management. Total shares are trading at a significant discount compared to shares of Exxon Mobil, Chevron Shell, and BP on a forward price-to-earnings ratio basis at 6.8x, according to FactSet data. While Total is not among the 10 largest investments in Arcese's fund, Foord Asset Management is an investor in the stock. Arcese told CNBC Pro Talks that around 15-20% of Foord's equity portfolio is allocated to commodity and energy stocks. Scotiabank analysts have a hold-equivalent rating on the U.S.-listed stock with a price target of $68, where the stock is currently trading.

Persons: Brian Arcese, Arcese, it's, We've, Morgan Stanley, Paul Cheng, TotalEnergies Organizations: Foord Asset Management, Fund, Exxon Mobil, Chevron Shell, BP, New, Foord, Management, CNBC, Singapore . Commodities, Equity, UBS, Scotiabank, RBC Capital Markets, RBC Locations: New York, Paris, Singapore, U.S, Foord

☆ No one's been this pumped for a keynote since Steve Jobs launched the iPhone
▼ + stars: | 2023-11-06 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

The buzz among developers is reminiscent of the iPhone and App Store launches. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementThe AI developer community is so hyped for an upcoming keynote that it's giving Steve Jobs-launches-the-iPhone energy all over again. ChatGPT developer OpenAI is kicking off its first developer conference in San Francisco on Monday, almost a year after releasing the chatbot publicly for free. Ultimately, the App Store changed software development and became a major revenue spinner for Apple.

Persons: —, Steve Jobs, OpenAI, Sam Altman, NCENOGzcq5, 4EjZo7huFQ, Brian Roemmele, Charley Ma, Yasser Elsaid, Altman Organizations: Service, Apple Locations: San Francisco, OpenAI, ChatGPT

The deal represents a bet on energy transition, as power utilities, grid operators and renewable energy developers turn to simulation software to fine-tune use of production capacity and maximize efficiencies. Vista, Blackstone, Riverside and Energy Exemplar declined to comment. Energy Exemplar has grown at an annual compound rate of 30% since 2018 under Riverside's ownership, the sources said. Blackstone is investing in Energy Exemplar through its energy transition arm, which is in the process of raising a new fund. Its previous investments include Transmission Developers, solar mounting firm Esdec, environmental engineering firm Geosyntec, environmental commodity exchange Xpansiv, and renewable energy firm Invenergy.

Persons: Blackstone, Anirban Sen, Edwina Gibbs Organizations: Blackstone Group, REUTERS, Blackstone, Vista Equity Partners, Australia's, . Energy, Riverside Company, Blackstone Energy, Partners, U.S . Securities, Exchange Commission, The, Developers, Foundation, Thomson Locations: New York City, U.S, Vista, Blackstone, Riverside, North Adelaide, The New York, New York

☆ This startup CEO claims he can completely decarbonize the cement industry
▼ + stars: | 2023-10-17 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +2 min

Brimstone Energy, a California-based startup, is one of several companies trying to reduce the carbon emissions from the production of cement, which accounts for about 8% of global carbon emissions. Unlike limestone, however, the silicate rock contains no CO2, so there are no such emissions associated with the production process. Last July it received certification that its product is essentially the same as Portland cement. Not only does the silicate rock Brimstone uses not emit carbon, it actually absorbs carbon. "Ultimately, our plan, our goal would be to develop a credibly lower-cost process to make Portland cement at scale.

Persons: Cody Finke, Finke, Cooper, Lisa Rizzolo Organizations: Brimstone Energy, Breakthrough Energy Ventures, DCVC, Fund, S2G Ventures, CNBC Locations: California, Portland

☆ Here are 3 things to watch in the stock market after a very difficult week
▼ + stars: | 2023-10-14 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +10 min

MS YTD mountain Morgan Stanley YTD We certainly hope Morgan Stanley's numbers are as good as Friday's report from our other bank holding Wells Fargo (WFC). Morgan Stanley is expected to grow revenue by more than 2% year over year to $13.2 billion in the third quarter. During a recent conference, Morgan Stanley executives said that capital markets will likely improve in 2024. Shares of Morgan Stanley have struggled this year, dropping more than 8% compared to the S & P 500's nearly 13% advance in 2023. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Stocks, WTI, Jerome Powell's, There's, Patrick Harker, John Williams, Harker, Austan Goolsbee, Lorie Logan, Powell, Christopher Waller, Philip Jefferson, Waller, Jefferson, – Morgan Stanley, Gamble –, Morgan Stanley YTD, Morgan, Jim Cramer, Morgan Stanley, there's, Gamble, Jim, we'll, Charles Schwab, Goldman Sachs, Johnson, Philip Morris, — CNBC's Zev Fima, Jim Cramer's, Spencer Platt Organizations: Nasdaq, Dow, Columbus Day, West Texas, Federal Reserve, Club, Fed, Market, Philadelphia Fed, New York Fed, Chicago Fed, Dallas Fed, United Auto Workers, General Motors, Chrysler, Ford, National Association of Realtors, Procter, Procter & Gamble, Natural Resources, Exxon Mobil, Coterra Energy, of America, United Airlines, Gamble, Housing, Netflix, Alcoa, American Airlines, Taiwan Semiconductor Manufacturing Company, Alaska Air, CSX, American Express, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Israel, U.S, New, Wells, KBW, Silicon, Manhattan, New York City

☆ 'Cheap' and 'compelling': Pros name the oil stocks to buy — giving one over 120% upside
▼ + stars: | 2023-10-10 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Oil prices jumped 4% on Monday during Asia hours , in the wake of the attack. Young said names in international and offshore oilfield services should pick up as oil prices rebound. "It just executed a large set of acquisitions and is well positioned for higher oil prices and more interest in the sector." Generally, Young said oil and gas stocks are "particularly compelling." Neuhauser said small-cap energy stocks that have leveraged to increased oil prices are the ones to own right now.

Persons: Josh Young, Young, Saturday . Young, Antony Blinken, Biden, CNBC's, David Neuhauser, Stocks, Neuhauser, Scott Nations Organizations: Bison, Hamas, Saturday ., United Nations, Reuters, U.S . Energy Information Administration, Livermore Partners, CNBC Pro, Nasdaq, Weatherford, Vital Energy, Exxon, Global Energy, Vista Energy, Jadestone, Brent, Scott, Chevron, ConocoPhillips Locations: Israel, Asia, Iran, U.S, Tehran, Strait, Hormuz

But recently higher oil prices are casting a shadow over prospects for quickly beating inflation down to the central bank’s target of 2%. The fall in core inflation “reinforces our view that the ECB has finished raising interest rates,” said Jack Allen-Reynolds, deputy chief eurozone economist at Capital Economics. He predicted that the overall inflation rate would tumble to 3.5% by the end of the year. But higher rates also can weigh on economic growth, leaving the central bank facing a balancing act over how far to go. Many economists think the ECB has finished raising rates unless something drastic happens to keep inflation from falling further.

Persons: —, ”, Jack Allen, Reynolds, Christine Lagarde, paychecks don’t Organizations: European Central Bank, Eurostat, ECB, Capital Economics, Federal Reserve Locations: FRANKFURT, Germany, U.S, Russian, Ukraine, Moscow, Europe, Saudi Arabia, Russia

☆ Seaport Research upgrades this solar energy stock, says it can pop roughly 50%
▼ + stars: | 2023-09-21 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

"Get there early to ensure you catch the sunrise" on Enphase Energy , said Seaport Research Partners. Enphase shares have tumbled more than 53% in 2023 amid a difficult year for the residential solar energy market in the U.S. California, which is the largest market for U.S. residential solar installers, also instituted a policy change that reduced a subsidy for solar panel owners for sending excess power into the grid — further impacting demand. However, Curran thinks the U.S. residential market could show an "incipient recovery" by the end of the second quarter next year. "By next June, we believe three positive factors will converge to form a rebound in U.S. home rooftop solar demand," said Curran.

Persons: Tom Curran, Curran, Enphase, ENPH, — CNBC's Michael Bloom Organizations: Enphase Energy, Seaport Research Partners, U.S, 2H24 Locations: California, U.S, Europe, France, Benelux, Germany

☆ The congestion at the Panama Canal is so bad that one shipper paid $2.4 million to jump a line and get through the waterway: report
▼ + stars: | 2023-09-06 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

The Panama Canal has been hit by a serious drought this year, causing long transit times for ships. A shipper recently paid $2.4 million for a winning bid to jump the queue, according to one energy shipping firm. AdvertisementAdvertisementThe congestion in the Panama Canal is closely watched because 40% of US container traffic passes through the waterway, according to an August report from Container xChange, a logistics platform. The Panama Canal Authority said in a Tuesday statement that there's been an improvement in the queue of vessels waiting to transit the canal. AdvertisementAdvertisementThe Panama Canal Authority and Avance Gas did not immediately respond to requests for comment from Insider sent outside regular business hours.

Persons: Oystein Kalleklev, Kalleklev, there's, project44 Organizations: Service, Gas, Shipping, Maersk, Wall, Panama Canal Authority, Bloomberg, Avance Locations: Panama, Wall, Silicon

☆ Andrew Rannells and Josh Gad Tackle Another Book (Not Mormon)
▼ + stars: | 2023-09-06 | by ( Alexis Soloski | More About Alexis Soloski | ) www.nytimes.com time to read: +1 min

Josh Gad still remembers the first time he and Andrew Rannells met, in June 2010 in a Los Angeles audition suite. Rannells was auditioning for “The Book of Mormon,” the new musical from the creators of “South Park.” Gad, then a correspondent on “The Daily Show,” had long been attached. Rannells, a replacement actor in “Hairspray” and “Jersey Boys,” was not remotely famous. And I still had a grudge because you beat me out for ‘Jersey Boys.’” (It was unclear if Gad was joking. “The Book of Mormon” opened in 2011, to rapturous reviews, with Rannells as the strait-laced Mormon missionary Elder Price and Gad as his co-evangelist Elder Cunningham, whose laces are a lot looser.

Persons: Josh Gad, Andrew Rannells, Gad, Rannells, ” Gad, ”, they’d, Chez, “, Tony, ’, Elder Price, Elder Cunningham, Norbert Leo Butz Organizations: Jersey Boys, ‘ Jersey Boys Locations: Los Angeles

☆ Permian Resources to buy Earthstone in $4.5 billion deal
▼ + stars: | 2023-08-21 | by ( Arunima Kumar | ) www.reuters.com time to read: +2 min

Delaware Basin, a part of the wider Permian Basin, is a prime target for producers looking to increase their inventory. Earlier this month, it also closed a $1.5 billion deal to buy Novo Oil & Gas Holdings. With Monday's deal, Permian Resources would have pro forma production of about 300,000 barrels of oil equivalent per day (boepd). Shares of Earthstone jumped 8.6% to $17.63 in premarket trading, while Permian Resources declined more than 3% to $12.45. After the deal closes, existing Permian Resources and Earthstone shareholders would own about 73% and 27% of the combined company, respectively.

Persons: Earthstone, Leo Mariani, Roth, Mariani, Arunima Kumar, Anil D'Silva, Shilpi Majumdar Organizations: Earthstone Energy, Oil & Gas Holdings, Resources, Thomson Locations: Delaware, . Delaware, Texas, New Mexico, Midland , Texas, Bengaluru

☆ Stocks making the biggest moves midday: Palo Alto Networks, Nvidia, Tesla, Marvell and more
▼ + stars: | 2023-08-21 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Palo Alto Networks — The security software provider jumped 15.2% after Palo Alto beat expectations for earnings when reporting after the bell Friday. Goldman Sachs reiterated the stock as a buy following its report. Permian shares were flat. Xpeng — The Chinese electric vehicle maker jumped 9.8% following an upgrade to buy from neutral by Bank of America. Farfetch — The e-commerce fashion company's shares jumped more than 5% Monday.

Persons: Goldman Sachs, Earthstone, Baird, Napco, Xpeng, Tesla, Farfetch, Acushnet, Jefferies, —, Sarah Min, Hakyung Kim, Samantha Subin Organizations: Nvidia, Palo Alto Networks, Palo Alto, Earthstone, Nvidia —, HSBC, Napco Security Technologies, Bank of America, Volkswagen, VMWare, Broadcom, United Kingdom's, Markets Authority, Acushnet Holdings Locations: Santa Clara , California, China

☆ Stocks making the biggest premarket moves: Palo Alto Networks, Earthstone Energy, Nvidia, VMware and more
▼ + stars: | 2023-08-21 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Signage outside Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021. Palo Alto Networks — The security software vendor soared 12.5% following an earning's beat after the Friday market close. Earthstone Energy , Permian Resources — Earthstone jumped 7.5% in the premarket after Permian Resources agreed to buy the oil and gas company in an all-stock deal valued at about $4.5 billion, including debt. Nvidia — The leading AI semiconductor maker gained 2.6% premarket after HSBC reiterated a buy rating and raised its target price. The e-commerce fashion platform's shares tanked after second quarter revenue came in lower than expected.

Persons: Earthstone, Baird, Gross, Napco, XPeng, Tesla, —, Samantha Subin, Alex Harring, Hakyung Kim, Pia Singh Organizations: Palo Alto Networks, Refinitiv, Earthstone, Resources, Nvidia, HSBC, Napco Security, Bank of America, Volkswagen, VMware, Broadcom, United Kingdom's, Markets Authority Locations: Palo, Santa Clara , California, U.S, Refinitiv ., China

☆ Flagship Odey fund slimmed down by manager Neave, exits commodity futures
▼ + stars: | 2023-08-02 | by ( Nell Mackenzie | ) www.reuters.com time to read: +2 min

OAM, which declined to comment, will send out further correspondence about how the Odey European Inc fund will be restructured, the letter said. OAM reorganised many of its funds in June and Neave took over the flagship Odey European Inc fund, amid fears of an investor exodus following the allegations. Since then, Neave has reduced the size of the hedge fund's investments in stocks, bonds and, in June, sold out of its gold futures. The fund closed out its direct exposure to gold futures, the letter said. Odey European Inc has kept some exposure to commodities through long positions related to the crude and palm oil company stocks, the letter said.

Persons: Freddie Neave, Crispin Odey's, Crispin Odey, Odey, Neave, Leopalace, Nell Mackenzie, Amanda Cooper, Alexander Smith Organizations: Reuters, Odey Asset Management, Financial Times, Tortoise Media, Inc, United Rentals, Learning Technologies, Jadestone Energy, Thomson

☆ Strathcona buys rival to go public, create Canada's 5th biggest oil company
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +1 min

It did not say when the combined company will start trading. Pipestone Energy has a market capitalization of $756.83 million, according to Refinitiv Eikon data. Pipestone shareholders will receive about 9.05% of the pro forma equity in the amalgamated company, with existing Strathcona shareholders owning the rest. Including debt, the combined company will have a market capitalization of C$11.5 billion. Calgary, Alberta-based Strathcona was formed in 2020 by the merger of two Waterous Energy Fund-backed companies, Strath and Cona.

Persons: Strathcona, Rob Morgan, Juby Babu, Savio D'Souza, Rashmi Organizations: Strathcona Resources, Pipestone Energy Corp, Strathcona, Pipestone Energy, Energy, Thomson Locations: Strathcona, Calgary , Alberta, Bengaluru

☆ Barclays says hot seas will lead to a severe hurricane season and names one stock to benefit
▼ + stars: | 2023-07-28 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

As oceans warm, Barclays now anticipates a worse-than-expected hurricane season — and sees one stock that could be a good investment by the shift in outlook. Despite early expectations for a mild hurricane season given the El Niño weather pattern , Barclays analyst Craig Rye said the season should now be more severe than previously anticipated in both the Atlantic and Pacific Oceans. Beyond the human and economic costs of severe hurricane seasons, however, Rye said property and casualty insurance data provider Verisk Analytics could benefit from a more severe season as a result of higher claims. VRSK YTD mountain Verisk's 2023 It's already been a strong year for Verisk stock, with shares up more than 34% since 2023 began and reaching new all-time highs twice in July. Elsewhere, Rye noted reinsurers tend to outperform in hurricane season with little impact from the actual strength of that season.

Persons: Craig Rye, Rye, Verisk's, Tracy Benguigui, It's, — CNBC's Michael Bloom Organizations: Barclays, Atlantic, Colorado State University, CSU, Cyclone Energy, Munich Re Locations: Florida, Manatee Bay , Florida, Florida , Texas, Louisiana, Rye, California, Munich, Lancashire

☆ When El Niño exacerbates global warming: Record heat, record flooding, record wildfires
▼ + stars: | 2023-07-15 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +11 min

Brown | Afp | Getty ImagesIf you feel like record-level extreme weather events are happening with alarming frequency, you're not alone. Global warming is making extreme weather events more severe, scientists said. But what is clear is that climate change makes it more likely that an extreme weather event will happen. "Higher temperatures from climate change are indisputable, and with each degree increase we're multiplying our changes of getting an extreme heat wave. Decreasing the greenhouse gas emissions released into the atmosphere by burning fossil fuels will help moderate the extreme weather trends.

Persons: Rai Rogers, Frederic J, Brown, Michael Mann, Brandon Bell, Phil Scott, Paul Ullrich, Mann, Ullrich, Justin Trudeau, El Niño, Timothy Canty, Canty, they're Organizations: Afp, Getty, University of Pennsylvania, CNBC, National Oceanic, Atmospheric Administration, NOAA, National Weather Service, Prediction, EMT, Emergency, Washington Post, The Washington Post, Anadolu Agency, University of California, Global, Wildfire, Bloomberg, University of Maryland, Government, Montreal Locations: Las Vegas , Nevada, California, Texas, Florida, United States, Northern, West Coast, Phoenix , Arizona, Nevada, Arizona, Montpelier , Vermont, Vermont, Canada, New York City, Anadolu, Davis, Lytton , British Columbia, El, Americas, Gulf, Pacific Northwest, Ohio, Northeastern, Ankara, Turkiye, Montreal

We're seeing great discounts on top air conditioner brands during the sale, including a few deals on picks from our guides to the best air conditioners and best portable air conditioners. We weeded through hundreds of Prime Day air conditioner deals remaining on day two to pull together these recommendations. The best Amazon Prime Day air conditioner dealsDeal icon An icon in the shape of a lightning bolt. Deal Midea MAW08V1QWT U Inverter Window Air Conditioner This unique air conditioner allows you to open your window when the AC is not in use to let in fresh air. Check out our guide to portable air conditioners versus window air conditioners for a more detailed breakdown.

Persons: It's, it's, you've, isn't Organizations: Amazon, GE, Whirlpool, Energy, GE ACs, Prime, Deal Keystone Energy, Wall Mounted Air, ACs

We're seeing great discounts on top air conditioner brands during the sale, including a few deals on picks from our guides to the best air conditioners and best portable air conditioners. We weeded through hundreds of Prime Day air conditioner deals to pull together these recommendations. While we haven't tested every air conditioner below we made sure to only highlight deals from reputable brands that we have hands-on experience with. The best Amazon Prime Day air conditioner dealsDeal icon An icon in the shape of a lightning bolt. Deal Midea MAW08V1QWT U Inverter Window Air Conditioner This unique air conditioner allows you to open your window when the AC is not in use to let in fresh air.

Persons: It's, it's, you've, isn't Organizations: Amazon, GE, Whirlpool, Energy, GE ACs, Prime, Deal Keystone Energy, Wall Mounted Air, ACs

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