Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "TRADE"


25 mentions found


Many new programmers who start in Gaba's shoes turn to free YouTube videos or their pricey counterpart, programming courses. "I started learning programming very late in my life, around 25, and I was completely confused at the time," Gaba told Business Insider. In the search for alternative resources, Gaba discovered ways to access Google's programming courses for free. AdvertisementAuditing a Google programming course allows you to enroll without receiving credit or a certification. Gaba recommends Google's Machine Learning Crash Course as a great way to dabble in machine learning without being overwhelmed by every algorithm out there.
Persons: , Sahil Gaba, Gaba, SQL Gaba, GitHub Gaba, It's, Tess Martinelli Organizations: Service, Google, Business, Gaba, Amazon, Trade, Linux, SQL, Big Tech, Cybersecurity Locations: tmartinelli
Raspberry Pi's strong first half sends share price up 7%
  + stars: | 2024-09-24 | by ( ) www.cnbc.com   time to read: 1 min
Raspberry Pi, the British computer company that floated in June, reported on Tuesday stronger-than-expected adjusted earnings of $20.9 million for the first half, sending its shares up 7% in early trade. The group, which produces low-cost single-board computers and microcontrollers, said it sold marginally fewer devices than it expected, but sales were skewed towards higher margin products, boosting profitability. Its flagship Raspberry Pi5,which retails for 46.60 pounds ($62.24) for the 2GB model, sold 1.1 million units in the six months to the end of June, it said. It said it expected volumes to increase in the second half, supported by product launches, but the mix would result in margins returning to lower levels and it kept its expectations for the year unchanged.
Persons: Pi Locations: British
Trade Tracker: Jim Lebenthal buys more Adobe and trims Visa
  + stars: | 2024-09-24 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Jim Lebenthal buys more Adobe and trims VisaJim Lebenthal, chief equity strategist at Cerity Partners, joins CNBC's "Halftime Report" to discuss his latest portfolio moves.
Persons: Jim Lebenthal Organizations: Cerity Partners
China related stocks were on the move Tuesday after the People's Bank of China said it will cut interest rates. What the Jefferies downgrade misses is the market is giving Starbucks a pass as Niccol builds his team and makes changes. Truist downgraded Club holding Costco to a hold rating ahead of earnings, which are out after Thursday's close. The analysts still have a hold-equivalent rating on Club holding Home Depot but boosted their price target to $400 per share. China related stocks were on the move Tuesday after the People's Bank of China said it will cut interest rates.
Persons: Brian Niccol, Chipotle, Jefferies, Truist, Salesforce, Piper Sandler, Oppenheimer, Regeneron, Eli Lilly, Pinterest, , Jeff Marks, Jim Cramer's, Jim Cramer, Jim Organizations: People's Bank of, Starbucks, Jefferies, Costco, Walmart, Analysts, Barclays, Constellation Brands, Oppenheimer, Justice Department, Visa, Bloomberg, Jim Cramer's Charitable, CNBC Locations: China, People's Bank of China, Japan
: The lettering "Commerzbank" can be seen on the Commerzbank Tower in the center of the banking city. Photo: Helmut Fricke/dpa (Photo by Helmut Fricke/picture alliance via Getty Images)Two-thirds of the jobs at Commerzbank could disappear if UniCredit successfully carries out a hostile takeover of the German lender, a Commerzbank supervisory board member warned on Tuesday. Stefan Wittmann, who is also a senior official at German trade union Verdi, told CNBC's Annette Weisbach that "we certainly hope we can avoid" a hostile takeover by the Italian bank. "But if it [a hostile takeover] is unavoidable, we think that two-thirds of jobs will disappear, that there will be another significant cut in the branches," he said, according to a translation. "We will see in particular that UniCredit does not want all Commerzbank customers at all, but that it focuses on the supposedly best customers, namely the wealthy customers," he added.
Persons: Helmut Fricke, UniCredit, Stefan Wittmann, Verdi, CNBC's Annette Weisbach, Witmann, Wittmann Organizations: Getty Locations: Hesse, Frankfurt, Italian, Berlin, Commerzbank
The yield on the 10-year Treasury was more than 4 basis points higher at 3.789%, while the 2-year Treasury yield rose 2 basis points to trade at 3.597%. U.S. Treasury yields were higher on Tuesday as market participants awaited fresh economic data and further comments from Federal Reserve officials. The 10-year Treasury yield ended last week almost 8 basis points higher after the U.S. central bank lowered interest rates by 50 basis points on Wednesday. "I think after 50 basis points, we're still in a net tight position," Kashkari said in a CNBC "Squawk Box" interview. On the data front, consumer confidence data for September and Richmond Fed surveys for September are both scheduled to be released at 10 a.m.
Persons: Neel Kashkari, we're, Kashkari, Michelle Bowman, Adriana Kugler, Jeff Cox, Brian Evans, Jenni Reid Organizations: Treasury, U.S, Federal Reserve, Minneapolis Federal, CNBC, Fed, Richmond Fed Locations: U.S, Minneapolis
The U.S. Justice Department on Tuesday sued Visa , the world's biggest payments network, saying it propped up an illegal monopoly over debit payments by imposing "exclusionary" agreements on partners and smothering upstart firms. "Merchants and banks pass along those costs to consumers, either by raising prices or reducing quality or service," Garland said. "As a result, Visa's unlawful conduct affects not just the price of one thing – but the price of nearly everything." "These agreements penalize Visa's customers who route transactions to a different debit network or alternative payment system." 4 behind Visa, MasterCard and American Express .
Persons: Merrick Garland, Garland, Joe Biden's, Discover's Organizations: U.S . Justice, Visa, DOJ, MasterCard, fintech, Plaid, Mastercard, Federal Trade Commission, Consumer Financial, Bureau, Capital, Discover Financial, American Express Locations: New York, U.S
Former U.S. President and Republican presidential candidate Donald Trump speaks during a campaign rally at Johnny Mercer Theatre in Savannah, Georgia, on Sept. 24, 2024. If implemented, this proposal would reverse a major component of Trump's 2017 Tax Cuts and Jobs Act, which phased out traditional R&D tax credits. Starting in 2022, businesses were no longer allowed to write off their R&D expenses the same year they incurred them. The former president also said he would appoint a specialized "manufacturing ambassador" if he wins a second term in the White House. Trump also doubled down on his hardline approach to trade, saying he would impose a "100% or 200% tariff" on cars imported from Mexico.
Persons: Donald Trump, Kamala Harris, Trump Organizations: U.S, Republican, Johnny Mercer Theatre Locations: Savannah , Georgia, America, Mexico
The funds target distributions equal to six times the dividend payouts on the Nasdaq-100 Index and four times the S & P 500 dividend, respectively. The idea behind the Pacer funds is that the funds will capture more of that upside during market rallies, according to Sean O'Hara, president at Pacer ETF Distributors. The QDPL's website currently shows a distribution yield of 5.79%, or more than four-times the roughly 1.3% dividend yield on the S & P 500, according to YCharts.com. The dividend futures could also see bigger gains if more companies in the index decide to start paying dividends. To be sure, the dividend futures contracts could also decrease in value during times of economic stress.
Persons: Sean O'Hara, O'Hara, QDPL, Dow, Apple Organizations: Nasdaq, , ETF Distributors, Schwab, Equity, Dow Jones, CME Group, Pacer, SEC, Microsoft
Democratic presidential nominee and Vice President Kamala Harris speaks to members of the media upon her arrival at Joint Base Andrews in Maryland on Sept. 22, 2024. More than 400 economists and former White House policy advisors announced their support for Vice President Kamala Harris over former President Donald Trump in an open letter Tuesday. "It is a choice between inequity, economic injustice, and uncertainty with Donald Trump or prosperity, opportunity, and stability with Kamala Harris." Some on the list, such as Biden's former National Economic Council Director Brian Deese, have already been advising the Harris campaign behind closed doors. Sean O'Keefe was deputy director of the Office of Management and Budget in former President George W. Bush's White House.
Persons: Kamala Harris, Donald Trump, Joe Biden, Barack Obama, Bill Clinton, Jason Furman, Roger Altman, Clinton, Penny Pritzker, Obama, Alan Blinder, Brian Deese, Harris, Sean O'Keefe, George W, Bush's, Phillip Braun, Ronald Reagan's Organizations: Democratic, Base Andrews, White, Republicans, Harvard, of Economic, Obama, Federal Reserve, Federal Trade Commission, Consumer Financial, Bureau, CNN, Economic, Republican, Management, Economic Advisers Locations: Maryland, U.S
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Bill Baruch trims Tesla, sells SLB and buys more Exxon Mobil and Kinder MorganBill Baruch, founder & president at Blue Line Capital, joins CNBC’s “Halftime Report” to break down his latest portfolio moves.
Persons: Baruch, Kinder Morgan Bill Baruch Organizations: Exxon Mobil, Blue Line
New all-time highs in the S & P 500 have been welcomed by investors in the wake of the Federal Reserve going big on their first rate cut. The SPDR S & P 500 (SPY) is up nearly 20% year to date, I want to spend some of my remarkable 2024 profits on downside protection in the event a breather to the rally or a downturn is imminent. .SPX YTD mountain S & P 500, year-to-date Measuring risk is always a challenge, specifically when various headwinds exist at the same time. Additionally, this is the richest valuation we have seen in quite some time with the S & P 500 trading at 24 times. I will look to potentially buy the $591 call if we see a 2% move lower in the S & P 500.
Persons: Jamie Dimon Organizations: Federal Reserve, CNBC, NBC UNIVERSAL Locations: U.S
Nvidia stock closed 4% higher on a report that CEO Jensen Huang is done selling shares. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNvidia shares climbed as much as 5% on Tuesday as Barron's reported CEO Jensen Huang is done with planned sales of stock. According to an SEC filing from September 18th, the executive holds over 75 million worth of Nvidia common stock; that's aside from another 785 million held through various trusts and partnerships.
Persons: Jensen Huang, Huang, Organizations: Nvidia, Service, SEC, Microsoft
“We are very committed to making sure that Americans have access at an affordable price point for our medicines,” Jorgensen replied. Similarly, Wegovy’s list price is $1,349 in the US, but it costs $186 in Denmark, $140 in Germany and $92 in the United Kingdom, he said. Tuesday’s hearing boiled down to a familiar argument over who is responsible for the US’s higher prices: drug companies that set starting – or “list” – prices or pharmacy benefit managers, the middlemen that negotiate discounts on those list prices in exchange for favorable insurance coverage and access. Jorgensen said Novo Nordisk pays back about 75% of its medicine sales in rebates, discounts and fees, so the net price it receives is far lower than the list price. “The broad totality is that less patients have access to our medicines when we lowered the price,” Jorgensen told Sen. Maggie Hassan, D-New Hampshire, after she pressed him to reduce list prices.
Persons: Sen, Bernie Sanders, ” Sanders, Lars Fruergaard Jorgensen, ” Jorgensen, , Sanders, Jorgensen, it’s, Maggie Hassan, drugmakers, , PBMs, scot, ” Sen, Tim Kaine, Roger Marshall, Eli Lilly, Dr, Sanjay Gupta, Tammy Baldwin Organizations: CNN, Nordisk’s, US, Health, Education, Labor, Pensions, Yale, Novo Nordisk’s Ozempic, Novo Nordisk, Pharmaceutical Care Management Association, Nordisk, Novo Nordisk’s, Federal Trade Commission, CVS, Cigna’s, Republican, Wegovy’s, CNN Health, Medicare, Services Locations: United States, Danish, America, Canada, Denmark, Germany, United Kingdom, New Hampshire, Big, Virginia, Kansas, Novo, Wisconsin
The Chinese central bank's largest stimulus measures since Covid should provide the world's second-largest economy with a much-needed boost, which should help our portfolio companies doing business there. The Club has a broad range of companies with significant sales exposure to China, and some with none. Here's a look at the percentages in our 32 stock portfolio, as well as recent earnings call commentary, about the business climate and the potential in China. On the industrial side, DuPont has the most China exposure because of its electronics and water businesses. Eaton and Dover don't have nearly as much China exposure.
Persons: Donald Trump, Kamala Harris, Biden, Colette Kress, Tim Cook, Brian Niccol, Gamble, Andre Schulten, Peter Arduini, Lori Koch, Stanley Black, , Jeff Marks, Jim Cramer's, Jim Cramer, Jim, Peng Organizations: People's Bank of China, Wall, Commodities, Republican, House, Democratic, Trump, Broadcom, Nvidia, AMD, Nvidia's, Apple, Starbucks, Investors, Huawei, Jefferies, Consumer, Procter, Barclays, GE Healthcare, GE, DuPont, Banking, Coterra Energy, Investing, Jim Cramer's Charitable, CNBC Locations: Asia, China, America, U.S, Eaton, Dover, People's Republic of China
SEOUL, South Korea (AP) — As the plane descended into Seoul, Robert Calabretta swaddled himself in a blanket, his knees tucked into his chest like a baby in the womb. The South Korean government has accepted a fact-finding commission under pressure from adoptees, and hundreds have submitted their cases for review. Western governments turned a blind eye, sometimes even pressuring South Korea for children, while promoting the narrative that they were saving orphans with no other options. Robert Calabretta, right, and his biological father, Lee Sung-soo, during a visit in Daegu, South Korea, in August 2020. Laurie Bender was approached by a strange woman while playing in the front yard in South Korea in 1975.
Persons: Robert Calabretta swaddled, they’d, , , , doesn’t, Robert Calabretta, Lee Sung, Calabretta, “ You’re, Patricia Nye, ” Nye, Holt, weren’t, ” Michaela Dietz, Robyn Joy Park, Rae, hasn't, Jae, Lee, ” Lee, Lee Moo, wasn’t, David Goldman, she’d, Laurie Bender, Bender, Han Tae, Philsik Shin, Helen Noh, Noh, ” Noh, he’d, Susan Soonkeum Cox, Kim Jin Sook, Francis Carlin, ” Carlin, , Carlin, ” Bender, you’ve, Han Organizations: The Associated Press, South, AP, Frontline, International Social Service, University of Minnesota, ISS, BBC, , Holt Children’s Services, Eastern Social Welfare Society, Korea Welfare Services, Korea Social Service, Records, Health Ministry, Red Cross Hospital, U.S, Korea’s Anyang University, Seoul’s Soongsil University, Holt International, Catholic Relief Services, South Korean, FRONTLINE, PBS Locations: SEOUL, South Korea, Seoul, United States, South, Western, adoptees, U.S, Australia, Daegu, Korean, West, Korea, Geneva, , Asia, Europe, North America, Pasadena , Calif, Boryeong, American, New York, , Oregon, Holt, Holt Korea
COLOMBO — Sri Lanka’s leftist leader Anura Kumara Dissanayake took office as president on Monday, promising change in the island nation long led by powerful political families which is emerging from its worst economic crisis in more than seven decades. Supporters of Sri Lanka's newly elected President Anura Kumara Dissanayaka, celebrate in Colombo. Before Monday’s swearing-in, Prime Minister Dinesh Gunawardena resigned to make way for the new prime minister and his cabinet. Sri Lanka’s sovereign dollar bonds shed 2.88 to 3.28 cents on the dollar in early trade on Monday to bid between 49.14 and 49.77 cents. Sri Lanka’s close neighbors India, Pakistan, and the Maldives also congratulated Dissanayake on his win, along with China, the largest bilateral creditor.
Persons: Anura Kumara Dissanayake, Lankans, , ” Dissanayake, Sri Lanka's, Anura Kumara Dissanayaka, Ishara, Ranil Wickremesinghe, , beautician, Dinesh Gunawardena, Gotabaya Rajapaksa, Dissanayake, Sri Lanka’s Organizations: Sri, Kodikara, Getty, International Monetary Fund Locations: COLOMBO, Colombo, AFP, India, Pakistan, Maldives, China
Oil edges up following U.S. rate cut move, geopolitical concerns
  + stars: | 2024-09-23 | by ( ) www.cnbc.com   time to read: +2 min
Oil prices gained slightly during early trade on Monday, boosted by concerns conflict in the Middle East may impact supply in the key producing region and expectations the U.S. interest rate cut last week will support demand. Both contracts rose in the previous session on support from the U.S. interest rate cut and a dip in U.S. supply in the aftermath of Hurricane Francine. Last Wednesday, the U.S. Federal Reserve cut interest rates by half a percentage point, a larger decrease in borrowing costs than many expected. Interest rate cuts typically boost economic activity and energy demand, but analysts and market participants are concerned the central bank may see a slowing job market. "Sentiment was buoyed by the Fed's rate cut amid hopes it can engineer a soft landing for the economy," said ANZ.
Persons: Hurricane Organizations: Brent, U.S . Federal Reserve, ANZ Locations: Houston , Texas, Israel, Iranian, Iran, Lebanon
The White House wants to close a trade loophole exploited by Chinese discount e-retailers — a move that would have a ripple effect on at least two of our portfolio stocks: Amazon and Meta Platforms. The de minimis exemption has allowed Chinese e-commerce giants, particularly low-cost Temu and Shein, to flourish. Temu has risen in popularity in the U.S. for selling items directly from Chinese merchants at massive discounts. Temu is generally seen as a growing competitor to Amazon since its prices are often lower. Meta challenges On the other hand, the trade shift could present a challenge for Meta, which relies on advertising from e-commerce platforms.
Persons: Harris, hocking, Temu, it's, Jeff Marks, Shein, Meta, Jim Cramer's, Jim Cramer, Jim Organizations: Biden, Harris Administration, Amazon, Deutsche Bank, Deutsche Bank analysts, JPMorgan, Services, Meta, Management, CNBC, Getty Locations: U.S, China, Temu
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. The Dow closed Friday at a record while the S & P 500 did so Thursday . Despite a slight dip in the S & P 500 Friday, the S & P Short Range Oscillator moved further into overbought territory at 7.3%. 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, Jim Cramer's, Morgan Stanley, Goldman Sachs, Jim, Jeff Marks, Jeff Organizations: CNBC, Dow, Health, Intel, Qualcomm, Bloomberg News, Apollo Global Management, Apple, Barclays, JPMorgan, Citigroup Locations: U.S
Power generation has emerged as a crucial investment theme in the context of artificial intelligence (AI) energy demand due to the significant electricity requirements of AI technologies. Several factors make power generation a vital AI-adjacent investment theme: Data centers, the backbone of AI operations, are among the largest electricity consumers. Investing in power generation becomes vital to support this expanding infrastructure. Fluor offers a wide range of services in the nuclear power sector, including project management, engineering, procurement, construction, and maintenance. The company has experience developing new nuclear power plants and maintaining, refurbishing, and decommissioning existing ones.
Persons: Fluor's, FLR, I've Organizations: Bechtel, KBR, Fluor Corporation, Corporation, Fluor, NuScale, CNBC, NBC UNIVERSAL Locations: Irving , Texas, Fluor
CNN —The US Commerce Department on Monday will propose a ban on the sale or import of smart vehicles that use specific Chinese or Russian technology because of national security concerns, according to US officials. The rule would not apply to cars already on the road in the US that already have Chinese software installed, a senior administration official told CNN. The software ban would take effect for vehicles for “model year” 2027 and the hardware ban for “model year” 2030, according to the Commerce Department. If millions more smart cars with vulnerable, Chinese-made tech are on US roads, “the risk of disruption and sabotage increases dramatically,” he said. “China opposes the US’s broadening of the concept of national security and the discriminatory actions taken against Chinese companies and products,” said Lin Jian, spokesman for China’s Foreign Ministry, in a statement.
Persons: Gina Raimondo, Commerce Department’s, Biden, Raimondo, ” Raimondo, “ We’ve, Jake Sullivan, , Lin Jian, CNN’s Shawn Deng Organizations: CNN, US Commerce Department, Commerce Department, Tesla, Commerce, PRC, House, China’s Foreign Ministry, Kaspersky Locations: China, Russia, United States, Europe, Russian
Inselmann collected literature, data and examples of more than 4,700 Bronze Age arrowheads from Central Europe and mapped out where they came from to compare them with the Tollense Valley arrowheads. Otherwise, they would expect to find evidence of arrowheads within ceremonial burials in the region that were practiced during the Bronze Age. “This new information has considerably changed the image of the Bronze Age, which was not as peaceful as believed before,” Terberger said. I consider the conflict as a sign that this major transformation process of Bronze Age society was accompanied by violent conflicts. Ute BrinkerThe scale of conflictThe large scale of battle has researchers rethinking what social organization and warfare were like during the Bronze Age.
Persons: ’ ”, Leif Inselmann, , Inselmann, ” Inselmann, Thomas Terberger, haven’t, Barry Molloy, Molloy, ” Molloy, ” Terberger, , Ute Brinker, , Organizations: CNN, Berlin Graduate School of Ancient Studies, Free University of Berlin, Germany’s University of Göttingen, University College Dublin, Locations: Germany, Europe, Central Europe, Mecklenburg, Pomerania, Bavaria, Moravia, Tollense
The move they made is a big cut," SlateStone Wealth's Kenny Polcari told CNBC's " Street Signs Asia " on Sept. 19. Calling it a "crisis level cut," he added that "people [are] scratching their heads, going, what's it really mean?" Federal Reserve Chair Jerome Powell stressed that the big rate cut does not signal that the risk of a recession is elevated. According to FactSet data, of the 20 analysts covering the stock, 18 give it a buy or overweight rating, while two have a hold rating. Biotech play Another stock Polcari is bullish on is biopharmaceutical player Amgen , given its pipeline of new products .
Persons: Kenny Polcari, CNBC's, Jerome Powell, Polcari, Amgen, — CNBC's Sean Conlon Organizations: U.S, Biotech, U.S . Food, Drug Administration, Euronext, Nasdaq, Nvidia Locations: Federal, U.S, Amgen, Euronext Amsterdam, Dutch, ASML
Anadolu | Anadolu | Getty ImagesIndia's commerce minister rejected the idea of joining the Regional Comprehensive Economic Partnership, the world's largest trade deal, maintaining that it is not in the country's interest to be part of a free trade agreement with China. Negotiations for the RCEP started in 2013 and initially included India, which some members viewed as a counterbalance to China. However, in 2019, India chose not to join RCEP, citing unresolved "core interest" issues. Goyal noted that at that time, India already had a free trade agreement with ASEAN, Japan and Korea, as well as a bilateral trade with New Zealand worth $300 million. "It was not in our farmers' interest, RCEP did not reflect the aspirations of our small and micro medium industries and sector, and in some form, was nothing but a free trade agreement with China," he said.
Persons: Industry Piyush Goyal, CNBC's Tanvir Gill, Goyal, RCEP Organizations: Anadolu, Getty, Regional Comprehensive Economic, ASEAN, Commerce, Industry, , Association of Southeast Asian Nations, RCEP, New Zealand, Trade, Semiconductor Locations: China, India, Asia, South Korea, Japan, Australia, New Zealand, Korea
Total: 25