DIRS.INFO The most relevant business & tech news

☆ We still don't outwardly say China is the enemy, says Hayman Capital's Kyle Bass
▼ + stars: | 2024-10-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe still don't outwardly say China is the enemy, says Hayman Capital's Kyle BassKyle Bass, Hayman Capital Management founder and CIO, joins 'Squawk Box' to discuss state of the Middle East tensions, what Israel's retaliatory strike against Iran should be, China's threat to U.S., impact of the 2024 election, and more.

Persons: Hayman Capital's Kyle Bass Kyle Bass Organizations: Hayman Capital Management Locations: China, Iran, U.S

☆ ‘Terrifier 3’ tops box office with $18 million debut, ‘Joker: Folie à Deux’ collapses with brutal 81% drop
▼ + stars: | 2024-10-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +6 min

There’s only room for one killer clown at the top of box office charts. Meanwhile “Joker: Folie á Deux,” which topped the box office last weekend, collapsed in third place with $7.055 million from 4,102 theaters. So far, “Folie a Deux” has generated $51.6 million domestically and $165.3 million globally. The well-reviewed family film has amassed $83.73 million domestically and $148 million globally to date. It has earned $52.8 million domestically and $111 million worldwide so far.

Persons: “, Beetlejuice, ”, Joaquin Phoenix, Damien Leone, David A . Gross, Pharrell Williams, Morgan Neville, Rogers, Gross, Sony’s, Jason Reitman, Sebastian Stan, Donald Trump, CinemaScore, Trump, Tim Burton’s, ‘ Taylor Swift, Paul Dergarabedian, “ It’s Organizations: Warner Bros, Rotten, Motion, Entertainment Research, Cannes Film, Briarcliff Entertainment, Universal, DreamWorks, Optimus Locations: North America, CinemaScore

☆ The risk for Boeing right now is overpromising and underdelivering, says RBC's Ken Herbert
▼ + stars: | 2024-10-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe risk for Boeing right now is overpromising and underdelivering, says RBC's Ken HerbertKen Herbert, RBC Capital aerospace and defense analyst, joins 'Squawk box' to discuss the challenges facing Boeing, impact of the machinists strike on the company, state of the aerospace and defense sector at large, competition with Airbus, and more.

Persons: Ken Herbert Ken Herbert Organizations: Boeing, RBC Capital, Airbus

☆ Former SEC Chair Jay Clayton: I'm not in favor of a potential breakup of Google
▼ + stars: | 2024-10-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer SEC Chair Jay Clayton: I'm not in favor of a potential breakup of GoogleFormer SEC Chairman Jay Clayton joins 'Squawk Box' to discuss news of DOJ considering a possible breakup of Google as an antitrust remedy following the court's monopoly ruling, what a potential breakup would look like, what the appropriate response should be, and more.

Persons: Jay Clayton, I'm Organizations: SEC, Google, DOJ

☆ Overtourism isn't the problem — it's 'lack of management' by cities, says sustainable travel expert
▼ + stars: | 2024-10-14 | by ( Monica Pitrelli | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOvertourism isn't the problem — it's 'lack of management' by cities, says sustainable travel expertTravel demand is here to stay, so cities need to transition from marketing to managing tourism to avoid problems associated with overtourism, Randy Durban, CEO of the Global Sustainable Tourism Council told CNBC's "Squawk Box Asia" Monday.

Persons: Randy Durban, CNBC's Organizations: Sustainable Tourism Council

☆ The energy market is very 'jaded' from trading geopolitics, says Energy Aspects' Amrita Sen
▼ + stars: | 2024-10-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe energy market is very 'jaded' from trading geopolitics, says Energy Aspects' Amrita SenAmrita Sen, Energy Aspects founder and director of research, joins 'Squawk Box' to discuss the state of the energy market, what to make of the recent volatility, impact of geopolitical tensions, and more.

Persons: Amrita Sen Amrita Sen Organizations: Energy

☆ I've underestimated how strong this market's been, says Fundstrat's Tom Lee
▼ + stars: | 2024-10-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI've underestimated how strong this market's been, says Fundstrat's Tom LeeTom Lee, Fundstrat Global Advisors managing partner and head of research, joins 'Squawk Box' to discuss the latest market trends, state of the economy, the Fed's inflation fight, impact of the 2024 election, market outlook, and more.

Persons: Tom Lee Tom Lee Organizations: Fundstrat Global Advisors

☆ ServiceNow to invest $1.5 billion in the UK to localize AI data processing
▼ + stars: | 2024-10-14 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

Beyond local business expansion, ServiceNow also said it would invest the cash into localizing the processing of data for its large language models (LLMs), AI models that rely on vast quantities of training data to be able to understand and generate text like a human. The firm said that it would bring Nvidia GPUs (graphics processing units) to its data centers based in London and the Welsh city of Newport to support processing of data on its LLMs within the U.K. This will help support "domain specific LLMs" for U.K. clients and governments, ServiceNow said. ServiceNow isn't the only tech giant betting big on the U.K. as a global destination for AI innovation. The AI center forms part of a $4 billion investment Salesforce committed to making in the U.K. over five years in June last year.

Persons: Bill McDermott, ServiceNow, Keir Starmer, hasn't, Salesforce Organizations: Nvidia, International Investment Summit Locations: Davos, Switzerland, Britain, London, Welsh, Newport, Europe, United Kingdom

☆ New poll show dead heat race in 2024 presidential election: Here's what to know
▼ + stars: | 2024-10-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNew poll show dead heat race in 2024 presidential election: Here's what to knowTobin Marcus, Wolfe Research head of policy and politics, joins 'Squawk Box' to discuss the state of the 2024 election, what to make of the latest polling data, and more.

Persons: Tobin Marcus, Wolfe Organizations: Wolfe Research

☆ The banks are set up pretty well, says Hightower's Stephanie Link
▼ + stars: | 2024-10-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe banks are set up pretty well, says Hightower's Stephanie LinkStephanie Link, Hightower chief investment strategist and portfolio manager, joins 'Squawk Box' to discuss the latest market trends, bank earnings, where investors can find opportunities right now, and more.

Persons: Stephanie Link Stephanie Link, Hightower

☆ There's a ton of upside to Nvidia's growth estimate next year, says Melius’ Ben Reitzes
▼ + stars: | 2024-10-14 | 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 EmailThere's a ton of upside to Nvidia's growth estimate next year, says Melius’ Ben ReitzesBen Reitzes, Melius Research head of technology research, joins 'Squawk Box' to discuss Nvidia's bull run, market outlook, demand for Blackwell, and more.

Persons: Melius ’ Ben Reitzes Ben Reitzes, Blackwell

☆ I find Elon Musk's foray into politics 'really off-putting', says Musk biographer Walter Isaacson
▼ + stars: | 2024-10-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI find Elon Musk's foray into politics 'really off-putting', says Musk biographer Walter IsaacsonWalter Isaacson, ‘Elon Musk’ author, Perella Weinberg Partners advisory partner and Tulane professor, joins 'Squawk Box' to discuss the fifth test flight of SpaceX’s Starship rocket, Tesla's pivot to AI and robotics, the company's robotaxi reveal, Elon Musk's endorsement of former President Trump, and more.

Persons: Elon, Walter Isaacson Walter Isaacson, ‘ Elon Musk, Perella Weinberg, Elon Musk's, Trump Organizations: Perella Weinberg Partners, Tulane

☆ Nvidia heads for record close as AI chipmaker's market cap tops $3.4 trillion
▼ + stars: | 2024-10-14 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during an event in Taipei, Taiwan, on Sunday, June 2, 2024. Nvidia shares headed for a record close on Monday as Wall Street gears up for earnings season and updates from all of the chipmaker's top customers on their planned spending on artificial intelligence infrastructure. Companies including Microsoft , Meta , Google , and Amazon are purchasing Nvidia GPUs in large quantities to build increasingly large clusters of computers for their advanced AI work. With a market cap of $3.4 trillion, Nvidia is the second most valuable publicly traded U.S. company, behind Apple at about $3.53 trillion. WATCH: Nvidia CEO Jensen Huang on Squawk Box

Persons: Jensen Huang, ChatGPT Organizations: Nvidia Corp, Nvidia, Companies, Microsoft, Meta, Google, Mizuho, U.S, Apple Locations: Taipei, Taiwan

☆ They’re cute, cuddly and coming to America: China’s newest panda diplomats headed for Washington
▼ + stars: | 2024-10-14 | by ( Nectar Gan | ) edition.cnn.com time to read: +11 min

Bao Li and Qing Bao were taken off public display and placed in quarantine on September 13 – a day after Qing Bao turned three years old. Bao Li and Qing Bao spent their last few days in Dujiangyan getting trained for their first long-haul flight. The zoo’s 24-hour Giant Panda Cam has garnered more than 100 million page views since its launch in 2000. “Giant pandas truly represent how great conservation outcomes can be achieved through great partnerships and with public support,” she said. “The international cooperation on giant pandas holds great significance,” the center said, adding that it had clarified such rumors multiple times.

Persons: Bao Li, Qing Bao, China’s, Tom Booth Qing Bao, Tom Booth, Bao, Brandie Smith, ” Smith, “, Bao Bao, Meixiang, Tian Tian, ”, Mariel Lally, “ Bao Li, Tian Tian Junior, Lally, –, Ren Zhijun, ” Ren, Evelio Contreras, CNN Ren, Ren, it’s, ” Lally, “ They’re, Richard Nixon’s, Pat Nixon, Zhou Enlai, Weeks, Ling Ling, Hsing Hsing, Cam, Mei Xiang, Xiao Qi Ji, Xi Jinping, Smith, influencers, Ya, Giant Panda Organizations: China CNN, FedEx Boeing, China Wildlife Conservation Association, CNN, Staff, Washington, Smithsonian, Washington DC, Zoo, National Zoo, US, Beijing Zoo, Memphis, San Diego Zoo, National, Memphis Zoo, China Conservation and Research Center, Giant Locations: Dujiangyan, China, Washington, Sichuan, Communist China, Beijing, San Diego, Atlanta, America, Europe, San Francisco

☆ There's not much consensus for a Fed pause right now, says Roger Ferguson
▼ + stars: | 2024-10-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's not much consensus for a Fed pause right now, says Roger FergusonFormer Federal Reserve Vice Chairman Roger Ferguson joins 'Squawk Box' to discuss the state of the economy, the Fed's inflation fight, rate path outlook, and more.

Persons: Roger Ferguson Organizations: Roger Ferguson Former Federal

☆ Ultra-gory 'Terrifer 3' kicks 'Joker 2' off the top of the box office chart, as Art the Clown is hailed a new horror icon
▼ + stars: | 2024-10-14 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +4 min

Horror fans are calling the main character, Art the Clown, a new icon for the genre. Fans say the success of "Terrifier 3" has cemented its lead character, the demonic, mute serial killer Art the Clown, as a horror icon. Now, fans have hailed Art as a modern horror icon akin to other slasher villains such as Norman Bates, Leatherface, Michael Myers, and Freddy Krueger. My horror hot take:Art the Clown is the first true horror icon to emerge thus far this century (Pennywise was already an icon under Tim Curry, and the “Saw” films have gone on without Jigsaw). He’s the horror icon we need right now.

Persons: —, David Howard Thornton, Art, Todd Phillips, Norman Bates, Leatherface, Michael Myers, Freddy Krueger, Pennywise, Tim Curry, Freddy, pic.twitter.com, S7xUQYjWAp — Shawn, dHGeWMkPap — John Squires 🎃, rueger Organizations: Service, Marvel

☆ The S&P 500 can reach 6,000 by year-end, says Sanctuary Wealth's Mary Ann Bartels
▼ + stars: | 2024-10-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe S&P 500 can reach 6,000 by year-end, says Sanctuary Wealth's Mary Ann BartelsMary Ann Bartels, Sanctuary Wealth chief investment strategist, joins 'Squawk Box' to discuss the latest market trends, state of the economy, market outlook, impact of the 2024 election, and more.

Persons: Mary Ann Bartels Mary Ann Bartels Organizations: Sanctuary Wealth

☆ Why Gen Z Loves Expensive Groceries, Treats, and Snack Foods
▼ + stars: | 2024-10-14 | by ( Eve Upton-Clark | ) www.businessinsider.com time to read: +10 min

In a McKinsey survey in February, groceries represented the top category that Gen Z and millennial respondents said they planned to splurge on, outpacing restaurants, travel, and fitness; in 2017, Gen Xers were the top spenders on groceries, followed by boomers. In June, Bank of America reported that its Gen Z customers spent more at premium grocery stores than any other generation. The trend picked up steam with Gen Z. Millennials and Gen Zers are driving demand for vegetarian and vegan food. In a recent YouGov survey for Whole Foods, 70% of Gen Z respondents indicated they were willing to pay more for high-quality foods. Related storiesTo be sure, Gen Z isn't the first generation to serve up food as a status symbol.

Persons: Jade Lily, TikToker, smoothies, Kourtney Kardashian, Katy Perry, Lily, Gen Xers, CreditKarma, Zers, Gen Z's, Millennials, Z, Gen, Neeru, Andrea Hernández, We're, Barbara Kafka, Hernández, Erewhon, Hailey Bieber, Bella Hadid, Sofia Richie, Nate Rosen, Mary Kate, Ashley Olsen, McDonald's, Britney Spears, Nina Dobrev, Shawn Mendes, Prebiotic sodas, Camila Cabello, Gen Zers, Poppi, It's, Rosen, Caesar, That's, Paharia Organizations: McKinsey, Bank of America, Inc, Foods, Arizona State University, New York Times, Pepsi, Brands, idc, Associated Press, Good Culture, Fast Company Locations: Angeles, tocos, Los Angeles

☆ Nike has to reinvest back into R&D and demand creation, says Barclays' Adrienne Yih
▼ + stars: | 2024-10-14 | 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 EmailNike has to reinvest back into R&D and demand creation, says Barclays' Adrienne YihAdrienne Yih, Barclays analyst, joins 'Squawk Box' to discuss the new leadership team at Nike, the challenges facing new CEO Elliott Hill, and more.

Persons: Adrienne Yih Adrienne Yih, Elliott Hill Organizations: Nike, Barclays

☆ Netflix has a real problem with its 'no theaters' strategy, says Puck's Matt Belloni
▼ + stars: | 2024-10-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNetflix has a real problem with its 'no theaters' strategy, says Puck's Matt BelloniMatt Belloni, Puck founding partner, joins 'Squawk Box' to discuss what to expect from Netflix's quarterly earnings results on Thursday, Netflix's foray into sports, Joker's fall at the box office, Hurricane Milton's impact on Disney, and more.

Persons: Matt Belloni Matt Belloni, Puck Organizations: Netflix, Disney

☆ What is open and closed on Indigenous Peoples’ Day 2024
▼ + stars: | 2024-10-13 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —On the second Monday of October, Americans will be celebrating Indigenous Peoples’ Day, also known as Columbus Day. Indigenous Peoples’ Day recognizes the contributions and legacy of those who lived here long before Christopher Columbus erroneously claimed to have discovered America. President Joe Biden formally recognized Indigenous Peoples’ Day in 2021 by signing a proclamation stating that federal policies “systematically sought to assimilate and displace Native people and eradicate Native cultures.”Some states officially celebrate Indigenous Peoples’ Day and others commemorate it through proclamations. More than 100 cities have replaced Columbus Day altogether with the holiday. Chase Bank and TD Bank will be open for Indigenous Peoples’ Day.

Persons: Christopher Columbus, Joe Biden, “ Organizations: New, New York CNN, Indigenous, Columbus Day . Indigenous, ’, Indigenous Peoples, Columbus, Banks, Federal Reserve, Nasdaq, New York Stock Exchange, Bank of America, Citibank, Chase Bank, TD Bank, Mail, United States Postal Service, UPS, FedEx, FedEx Express, Target, Walmart, Kroger Locations: New York, America, Wells Fargo

Even as swing-seat Republicans attempt to paint a more nuanced view of the GOP’s stance on abortion, the national party has often muddled that message. “You can’t hide from it,” said Rep. Kelly Armstrong, a Republican from North Dakota, reflecting on the lessons Republicans learned in the 2022 midterms. Hudson accused Democrats of “creating a false and distorted impression” of the GOP’s abortion position in the 2022 midterms and attacked Democrats for espousing their own “extreme” views on the issue. Since then, Chamberlain has used her own polling to help convince key swing-seat House Republicans to shift their approach. “This is a desperation move by Republicans,” said House Democrats’ campaign chief, Rep. Suzan DelBene of Washington state.

Persons: Manu Raju, ”, John Duarte, Tom Kean Jr, Matt Gunderson, Bill, ” Gunderson, Mike Levin, Melania Trump, —, Donald Trump’s, Sen, J.D, Vance of, it’s, Zach Nunn, Kelly Armstrong, “ He’s, ” Levin, Gunderson, “, Mike Johnson, he’d, Roe, Richard Hudson of, they’ve, Hudson, ” Hudson, Sarah Chamberlain, Chamberlain, ” Chamberlain, Joe Kent, Kent, Marie Gluesenkamp Perez —, Nunn, Lanon Baccam, PAC —, Levin, Suzan, Marc Molinaro, Molinaro, ” Molinaro, hasn’t, Dobbs, Duarte, ” Duarte, Trump, Juan Ciscomani, Ciscomani Organizations: House Republican, Washington CNN — Republicans, GOP, Democratic, House Democrats, Republican, Republicans, CNN, Republican Mainstreet, — Democratic, PAC —, PAC, Democrats, New York Republican, California Republican Locations: Tucson, Des Moines, Syracuse, Central Valley, New Jersey, San Diego, Mexico, Vance of Ohio, Iowa, North Dakota, New York, California, Richard Hudson of North Carolina, North Carolina, Virginia, Washington, Florida, Arizona

In April this year, she became the only South Korean shooter to qualify in two events for the Paris Olympics – 10-meter air pistol and 25-meter pistol – after finishing second in both events in the Korean national trials. Kim finished with 241.3 points, falling 1.9 points short of Oh, but she remembers it as “a very happy moment. Since Kim took up shooting, South Korea has seen several heroes in the sport, such as Jin Jong-oh, who won four golds and two silvers across five Olympics, and Kim Jang-mi, who won a gold at the 2012 London Olympics. At the Paris Olympics, South Korea won the most shooting medals at the Games in the country’s history with three golds and three silvers. “Just wait, mommy will win the gold,” Kim promised.

Persons: Kim Ye, ”, Kim, “, Charlie Miller, CNN Kim, Kwak Min, Kwak, He’s, Charles McQuillan, Oh Ye, It’s, refocusing, ” Kim, Louis Vuitton, Elon Musk, Alain Jocard, “ I’m, Jin Jong, Kim Jang, mommy Organizations: CNN, CNN Sport, Banners, South, Office, Paris Olympics, Korean, Paris, Games, Givenchy, Getty, South Korea Locations: North Jeolla Province, Seoul, Imsil, South Korean, Baku, Azerbaijan, Paris, South Korea, Asia, AFP, India

☆ 5 things not to say to a grieving friend
▼ + stars: | 2024-10-12 | by ( Alisyn Camerota | ) edition.cnn.com time to read: +7 min

CNN —It’s almost impossible to know what to say to someone in the throes of grief. There’s no one right answer, of course. Still, trading notes with a few grieving people, including my own children, I’ve found some helpful do’s and five unexpected don’ts. It goes something like this: Some things in life are glorious, and some things suck. Remember, it’s OK to say you don’t know what to say.

Persons: CNN —, I’ve, You’d, Alisyn Camerota, Tim Lewis, ’ I’ve, doesn’t, we’d, King ”, Mufasa, we’re, “, I’d, ” Organizations: CNN

Fed rate cuts are likely to help push bitcoin and other risk assets higher, but some stablecoin issuers could suffer a hit to their revenue. Tether (USDT) and USD Coin (USDC) dominate the market, making up 70% and 21%, respectively, according to CryptoQuant. "As rates begin to fall, that has a giant impact on their [profit and loss] and their bottom line." Stablecoins – cryptocurrencies that promise a fixed value peg to another asset, usually the U.S. dollar – are widely seen as crypto's killer app. Jeremy Allaire, CEO of USDC issuer Circle, told CNBC lower interest rates are "a very good thing" for the company because lower interest rates will likely increase investment and economic activity – which would benefit the company.

Persons: Bernstein, Kevin Lehtiniitty, they're, Wainwright, Kevin Dede, Jeremy Allaire, Allaire Organizations: U.S ., CNBC

Search resuls for: "Box"

25 mentions found