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☆ The No. 1 conversation you should never have over text message, etiquette expert says
▼ + stars: | 2024-05-31 | by ( Aditi Shrikant | ) www.cnbc.com time to read: 1 min

The etiquette around what should be a text, a phone call, or an in-person conversation can seem unclear. So much is dependent on the relationship you have with the other person and what technological era they grew up in. There is one rule-of-thumb that transcends generations, though, says Daniel Post Senning, co-author of "Emily Post's Etiquette: The Centennial Edition." "Any conversation that is likely to be emotionally charged, you want to give yourself the best chance possible to bring all your emotional tools to it," he says. Tone, volume, and body language can all help alter how a message is received and can't be conveyed over text.

Persons: Daniel Post Senning, Emily Post's

☆ Planet parade: What’s really going on with June’s planetary alignment
▼ + stars: | 2024-05-31 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +5 min

The order in which the planets will align on Sunday is Jupiter, Mercury, Uranus, Mars, Neptune and Saturn, and they will be accompanied by a crescent moon. The alignment will be visible to sky-watchers everywhere, but the ideal date to see the planets with the closest alignment might differ depending on where you are in the world. Planetary alignments: What to knowIt’s important to note that this alignment is not happening in space, but just in the sky as seen from our planet. This kind of planetary alignment is in fact not rare at all. “Jupiter will be the easiest to spot, because it’ll be the brightest thing in the sky after the moon,” Pattle said.

Persons: You’ll, ”, James O’Donoghue, there’s, O’Donoghue, “ It’s, Kate Pattle, “ There’s, they’re, ” Pattle, “, we’ll, Pattle, it’ll Organizations: CNN, University of Reading, Mercury, University College London Locations: United Kingdom, Europe, North America

☆ Gold bars and silver coins at Costco continue to be top sellers — and a cheat code for boosting its online sales
▼ + stars: | 2024-05-31 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

Gold bars and silver coins continue to show strong sales for Costco. The company sells an estimated $200 million per month of the metals. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementGold bars and silver coins had another quarter of strong sales for Costco. Analysts estimate the company sells around $200 million of gold and silver each month, and former CFO Richard Galanti has said the supply usually sells out "within hours."

Persons: —, Richard Galanti Organizations: Costco, Service, Business

☆ Is the US decision on Ukraine weapons a game-changer?
▼ + stars: | 2024-05-31 | by ( Christian Edwards | ) edition.cnn.com time to read: +7 min

CNN —The story of the past 27 months since Russia invaded Ukraine has been one of crumbling taboos. Despite securing more weapons from the United States last month, Ukraine has not been able to use them as it pleases. Red lines fadeThe US is joining the United Kingdom, France, Germany and several others in removing restrictions on how Ukraine uses the weapons it is given. Before Biden gave the green light, Putin had made veiled nuclear threats to countries considering allowing Ukraine to strike Russia with their weapons. In both cases, Russia had warned Ukraine and its Western allies not to cross its red line.

Persons: Joe Biden, Antony Blinken, Biden, Volodymyr Zelensky, Valentyn Ogirenko, Adam Kinzinger, Ben Hodges, ”, Vladimir Putin’s, Kateryna, Narciso Contreras, Franz, Stefan Gady, Ukraine “, Mathieu Boulegue, “, Putin, ” Stepanenko Organizations: CNN, Russian, Firefighters, Reuters, Institute for, Anadolu, Getty, International Institute for Strategic Studies, Kharkhiv, Center for, United, Russia Locations: Russia, Ukraine, Kyiv, United States, Moscow, Kharkiv, Washington, “, Prague, Czech, pummel Kharkiv, Russian, Kharkiv Oblast, Vovchansk, Kharkiv region, United Kingdom, France, Germany, Crimea, Kherson, Donetsk, Luhansk, Zaporizhia

☆ Moms say their weight-loss drugs had a trickle-down effect — making their entire families healthier
▼ + stars: | 2024-05-30 | by ( Emily Farache | ) www.businessinsider.com time to read: +8 min

Read previewA vacation to Myrtle Beach last spring turned into a wake-up call for Jamie Bernardi and her family. Jamie BernardiThis is what researchers variously call the "trickle-down effect," "the ripple effect," or "the halo effect": when a person's lifestyle changes benefit their family members and close contacts who aren't under medical care. Doctors and researchers hope the trickle-down effect will help curb new cases of obesity. Taking controlThe trickle-down effect isn't just an added bonus. Just three weeks after she first jabbed her belly with Mounjaro, Bernardi bought everyone in her family generic watches to count their steps.

Persons: —, Jamie Bernardi, Bernardi, Keeley J, Pratt, Lisa Green, Green, Mounjaro, Lisa Green Lisa, it's, she'll, " Bernardi, Sandy Huffaker Organizations: Service, Business, CDC, Human, Science, The Ohio State University, Lisa Green Lisa Green People, The Washington, Getty Images Locations: Myrtle Beach, Weirton, West Virginia

☆ I had nightmares and started drinking heavily because I was so burned out at work. Quitting was the only way out.
▼ + stars: | 2024-05-30 | by ( Jamie Killin | ) www.businessinsider.com time to read: +8 min

Harley Davidson was my first opportunity to work on the client side of marketing, not the agency side. AdvertisementThis pattern became more unhealthy at Harley Davidson. He was telling me, "You're going to be the president of Harley Davidson. Shortly after, I started drinking heavily to cope with the stress and help myself fall asleep. AdvertisementI quit Harley Davidson in September 2016, and I stopped having nightmares.

Persons: —, Shelley Paxton, Hagen Dazs, I'd, Harley Davidson, wouldn't, You've, Harley, I've Organizations: Service, Business, Boston College, AOL, Visa, Global Integrated Marketing, Omnicom Media Locations: Minneapolis, East, Boston, Chicago, Europe, Istanbul, United States, Shanghai, France, New Zealand, Canada, Italy

☆ Fact check: Trump delivers flurry of false and misleading claims as trial nears conclusion
▼ + stars: | 2024-05-30 | by ( Daniel Dale | ) edition.cnn.com time to read: +9 min

Washington CNN —Former President Donald Trump has uttered multiple false or misleading claims about his Manhattan criminal trial this week as the trial has neared a conclusion. An “advice of counsel” defense typically requires the defendant to waive attorney-client privilege. This Court can not endorse such a tactic.” Therefore, Merchan ruled, Trump could not invoke or even suggest a “presence of counsel” defense in the trial. Prosecutors provided three theories of what unlawful means Trump used. After Merchan refused last week to change his mind, Trump’s defense decided not to call Smith as a witness.

Persons: Donald Trump, Trump, ’, Juan Merchan, “, MERCHAN, ”, Merchan, ” Trump, ” Merchan, Defendant, you’ve, It’s, it’s, John Roberts, don’t, ” Lee Kovarsky, Jeremy Herb, doesn’t, didn’t, Brad Smith, Wouldn’t, Bradley Smith, Rather, Smith, Biden, Joe Biden, Attorney Alvin Bragg, Bragg, Matthew Colangelo, Colangelo Organizations: Washington CNN, Manhattan, Fox News, Prosecutors, Federal, University of Texas, Trump, Records, Attorney, Justice Department Locations: New York, York, ”, Manhattan, York’s

☆ Here's what every member of the Trump family is up to after leaving the White House
▼ + stars: | 2024-05-30 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +2 min

Donald Trump, who is running for president again in the 2024 election, is now a convicted criminal. Former president Donald Trump speaks at a rally. In August 2022, FBI agents executed a search warrant on Trump's Mar-a-Lago home, prompting a furious reaction from Trump and his allies. The search appeared to be over material that Trump brought back to Florida after leaving the White House, spurring a federal investigation linked to the Presidential Records Act. In June 2023, Justice Department prosecutors charged Trump with 37 criminal counts, alleging he withheld classified records from the government after leaving office and attempted to obstruct their return.

Persons: Donald Trump, Sergio Flores, Joe Biden's, Trump Organizations: Anadolu Agency, Getty, Trump, New, FBI, Trump's, White, Presidential, Justice Department, Representatives, Capitol, Department of, White House, The New York Times Locations: Florida, Mar, Palm Beach, New York, American, United States, Texas

☆ Your guide to Wall Street analyst research and how to use it like the investing pros
▼ + stars: | 2024-05-30 | by ( Scott Schnipper | ) www.cnbc.com time to read: +10 min

Wall Street sell-side research is a key part of the financial markets, written by analysts working for brokerage firms, investment banks and other institutions. Research reports An analyst's published research report might include a company overview with basic information about a company's business, products and position in the relevant market. This is especially true when an analyst is first initiating research coverage into a particular company or industry. Analyst recommendations affect stock prices every day , especially if an analyst or her firm is highly reputable or believed to hold expertise in a particular area. Contrarian indicators Analyst recommendations can occasionally act as a contrarian indicator , too.

Persons: Merrill Lynch, Henry Blodgett, Merrill Organizations: Research, Wall, Sarbanes, Oxley, Global, Securities and Exchange Commission, National Association of Securities Dealers, CNBC Pro Locations: Sarbanes

☆ I'm 53, single, and child-free. But I still love having kids in my life.
▼ + stars: | 2024-05-30 | by ( Laurie White | ) www.businessinsider.com time to read: +5 min

I was going to invite you but since there would be kids there, I didn't think you'd enjoy it." It never occurred to me to exclude anyone based on age or whether or not they had kids, except at specifically adult-only events. Many people absolutely don't have kids on purpose, a completely personal and valid choice. Then, life happened, and kids didn't. AdvertisementI would trade none of these experiences for a kid-free life, even though they're not my own.

Persons: —, I'd, I'm, I've, they're Organizations: Service

☆ Trump's economic agenda would be 'more disruptive' to the bond market if passed: PIMCO's Bill Gross
▼ + stars: | 2024-05-30 | 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 EmailTrump's economic agenda would be 'more disruptive' to the bond market if passed: PIMCO's Bill GrossHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Bill Gross, Brian Sullivan, “ Organizations: CNBC

☆ Renewable energy is big part of red state economies, it's hard to gut that: Doug Kimmelman
▼ + stars: | 2024-05-30 | 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 EmailRenewable energy is big part of red state economies, it's hard to gut that: Doug KimmelmanHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Doug Kimmelman, Brian Sullivan, “ Organizations: CNBC

☆ Survivors say Russia is waging a war of sexual violence in occupied areas of Ukraine. Men are often the victims
▼ + stars: | 2024-05-30 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +22 min

Editor’s Note: This story contains graphic and disturbing descriptions of sexual violence. Everywhere that Russian troops were located, we’re seeing cases of sexual violence and gender-based violence. But the real scale of sexual violence committed during the war may never come to light. Ukrainian officials say that it is difficult, but not impossible, to track down individual perpetrators of sexual violence crimes. Some survivors of sexual violence committed by the Bosnian Serb army during the Bosnian war in the early 1990s are only now coming forward.

Persons: Roman Shapovalenko, ”, —, Shapovalenko, ’, “, –, Chris McGrath, Anna Sosonska, Sosonska, ‘, ’ Roman Chernenko, Chernenko, …, ” Sosonska, Anna Mykytenko, ” Mykytenko, Mykytenko, Ukraine –, Vladimir Putin, Aleksey Smagin, Aleksandr Naumenko, Naumenko, – Oleksandr Chilengirov, Dmitry Laikov, Oleksii, ” Andrii, Andrii, Anna Voitenko, Putin, Russia’s, Maria Lvova, Oleksii Sivak, Sivak, ’ ”, ‘ we’re, ” Sivak Organizations: Kyiv CNN —, Russia’s Federal Security Service, Russian, CNN, Getty, United Nations Security, Ukraine’s, GRU, Russian Federal Penitentiary Service, Russia’s Ministry of Defense, Interior Ministry, National Guard, Kyodo, Criminal Court, ICC, UN, Global Rights, European Union, Ministry of Defense, Luhansk People’s Republics, Rosgvardia, Ukrainian, FSB’s Department, Defense, Constitutional, Terrorism, International Court of Justice, Kremlin Locations: Kyiv, Ukrainian, Kherson, Russia, Ukraine, Snihurivka, Moscow, Donetsk, Zaporizhzhia, Kharkiv, Crimea, Olenivka, Mariupol, Russian, Geneva, Rome, United States, United Kingdom, Luhansk, Russia’s Rostov, Nova Kakhovka, ‘, Bosnian

☆ Apollo CEO Marc Rowan defends private credit from Jamie Dimon, saying shadow banking 'makes the system safer.'
▼ + stars: | 2024-05-30 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +5 min

Tighter bank lending means more opportunities for private lenders to lend and make outsize returns on their loans. Financial industry titans Jamie Dimon and Marc Rowan have been trading opposing views on the burgeoning sector for the last year. Last year, Rowan responded to Dimon's comments that higher capital requirements for banks had private lenders like Apollo "dancing in the streets." AdvertisementRowan on Thursday responded by saying that the private-credit industry helps reduce systemic risk caused by the traditional banking industry. "Jamie is an amazing representative of the banking industry," Rowan said.

Persons: —, Jamie Dimon, Marc Rowan, Dimon, JPMorgan Chase, Rowan, Apollo, Jamie, Blackstone, — I've, Bernstein, Dimon's Organizations: Service, Financial, JPMorgan, Business, Bank of America Global Research, Apollo Locations: New York City

☆ This couple has visited over 250 Costco stores around the world: This is their No. 1 Kirkland Signature product
▼ + stars: | 2024-05-30 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

If you're a Costco shopper, you're familiar with Kirkland Signature. While researching their book, the couple visited more than 250 warehouses, including locations in the 13 countries outside the U.S. that have Costco. "We've tried Kirkland Signature around the world," Susan tells CNBC Make It. They love the bacon crumbles, organic peanut butter and call the Kirkland Signature hot dog "a thing of beauty." But there's one Kirkland Signature offering that they say stands out from the rest.

Persons: David, Susan Schwartz, We've, Kirkland, Susan, I've Organizations: Kirkland, Costco, Kirkland Signature, CNBC, Costco's

☆ MongoDB shares sink 23% after management trims guidance
▼ + stars: | 2024-05-30 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

Concerning guidance, the company called for adjusted fiscal second-quarter earnings of 46 cents to 49 cents per share, with $460.0 million to $464.0 million in revenue. Analysts surveyed by LSEG were looking for 58 cents in adjusted earnings per share and $470.4 million in revenue. MongoDB trimmed its 2025 fiscal-year forecast, which now stands at $2.15 to $2.30 in adjusted earnings per share and $1.88 billion to $1.90 billion in revenue. Three months ago, the forecast was adjusted earnings per share of $2.27 to $2.49 and revenue of $1.90 billion to $1.93 billion. Analysts had predicted $2.50 in adjusted earnings per share on $1.93 billion in revenue.

Persons: Dev Ittycheria, Salesforce

☆ ‘The Dead Don’t Hurt’ Review: A Foursquare Western From Viggo Mortensen
▼ + stars: | 2024-05-30 | by ( Ben Kenigsberg | ) www.nytimes.com time to read: +1 min

In making an honest go at reviving the movie western, Viggo Mortensen — who directed, wrote and stars in “The Dead Don’t Hurt,” in addition to composing its score — delivers a few different westerns in one. Not counting a deathbed prologue, the film initially seems to be staking out a claim in the law-and-order corner of the genre. Mortensen, as a bereaved sheriff named Holger Olsen, appears skeptical when a town dullard stands accused of six murders and apparently claimed not to remember any of them. The local courthouse — a makeshift affair cobbled together in the saloon — is not the most forgiving place for the wrongfully accused, or for anyone. We’ve already seen the killer.

Persons: Viggo Mortensen —, Mortensen, Holger Olsen, dullard, We’ve, Weston Jeffries, Solly McLeod, Alfred Jeffries, Garret Dillahunt

We asked seven pro investors to identify the best trades of their careers and explain how the lessons from those decisions still apply today. The CBOE Volatility Index, also known as the VIX, shot above 40, essentially meaning traders were betting that the stock market would be exceptionally rocky over the following month. Jeff Muhlenkamp, lead portfolio manager at Muhlenkamp & CompanyJeff Muhlenkamp Muhlenkamp & CompanyJeff Muhlenkamp's namesake Muhlenkamp Fund (MUHLX) has been in the top 3% of its category in the past half-decade, thanks to trades like one he pulled off on Chinese internet firm Baidu (BIDU). "I pretty much expected, 'OK, if I get a double out of this in five years, I'll be happy' — that's pretty decent money," Muhlenkamp said. He noted that industrials within the Russell Mid Cap value index have returned 116% over the previous five years.

Persons: —, That's, Michael Burry, Warren Buffett, Berkshire, Rob Arnott, Tim Boyle, Arnott, I'd, Bob Elliott, Bob Elliott's, Elliott, Jeff Muhlenkamp, Jeff Muhlenkamp Muhlenkamp, Jeff Muhlenkamp's, Muhlenkamp, you've, Sona Menon, Cambridge Associates Sona Menon, Bryant VanCronkhite, Allspring Bryant VanCronkhite Allspring Bryant VanCronkhite, VanCronkhite, Russell, industrials, James Davolos, Davolos, George Patton, Harley Bassman, Harley Bassman's, Bassman, Merrill Lynch, I'm Organizations: Service, American Express, Business, Research, Bloomberg, Getty, Bridgewater Associates, Treasury, Securities, Muhlenkamp, Baidu, Google, North, Cambridge Associates, Allspring, Horizon Kinetics, Opportunities Fund, Credit Suisse Locations: industrials, West Africa, New York City, Guinea

☆ These S&P 500 stocks are cheap and well-liked by analysts heading into June
▼ + stars: | 2024-05-30 | by ( Pia Singh | ) www.cnbc.com time to read: +8 min

The company has a low forward price-to-earnings ratio of roughly 8.6. Ulta Beauty also made the screen as a cheap stock that analysts are bullish on. The stock has a 14.5 forward price-to-earnings ratio and a consensus buy rating from analysts polled by FactSet. Online pickup orders inside an Ulta Beauty store in the Upper East Side neighborhood in New York, US, on Monday, Nov. 27, 2023. The stock has a 14.5 forward price-to-earnings ratio and a consensus buy rating from analysts polled by FactSet.

Persons: Jefferies, Trevor Williams, We're, FactSet, Stifel, Ulta, General Motors, Bing Guan Organizations: Dow Jones, Nasdaq, CNBC, Financial, Global Payments, Jefferies, JPMorgan, Cadillac, Chevrolet, General, FedEx, Halliburton, Gilead Sciences, CVS Health, Bloomberg, Getty, CVS, Epam, Motors, HAL Halliburton, Resorts, JBL, LKQ, Vegas Sands Corp, MGM MGM Resorts International, LSEG Financial, Inc Locations: Gilead, New York

☆ Analysts defend Salesforce, saying the sell-off is overdone and AI impact is ahead
▼ + stars: | 2024-05-30 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Even a sharp sell-off in Salesforce stock Thursday — down as much as 21% intraday — isn't keeping some analysts on Wall Street from sticking with their optimistic outlooks on the maker of customer relationship management software. Salesforce executives tied the disappointing results to elongated deal cycles throughout the first quarter that hit the company's booking schedule. Weiss reiterated an overweight rating on Salesforce, albeit with a $320 per share price target, down from $350. Goldman Sachs analyst Kash Rangan reiterated a buy rating on Salesforce stock, but lowered his price target to $315 per share from $345. The analyst reiterated an overweight rating on the stock with a $300 per share price target, or about 10% upside from yesterday's close.

Persons: Goldman Sachs, Morgan Stanley, JPMorgan Chase, Keith Weiss, Weiss, Kash Rangan, Rangan, Mark Murphy, Tyler Radke, Radke Organizations: Wall, JPMorgan, Citigroup Locations: Salesforce, CY25

☆ Why Are People So Down About the Economy? Theories Abound.
▼ + stars: | 2024-05-30 | by ( Jeanna Smialek | ) www.nytimes.com time to read: +1 min

The U.S. economy has been an enigma over the past few years. The job market is booming, and consumers are still spending, which is usually a sign of optimism. But if you ask Americans, many will tell you that they feel bad about the economy and are unhappy about President Biden’s economic record. And while a measure of sentiment produced by the Conference Board improved in May, the survey showed that expectations remained shaky. More than half of registered voters in six battleground states rated the economy as “poor” in a recent poll by The New York Times, The Philadelphia Inquirer and Siena College.

Persons: Biden’s Organizations: University of Michigan, Conference Board, The New York Times, Philadelphia Inquirer, Siena College, Federal Reserve Locations: U.S

☆ ‘All Eyes on Rafah’: How a viral image of Gaza took over the internet
▼ + stars: | 2024-05-30 | by ( Leah Asmelash | ) edition.cnn.com time to read: +7 min

Eyes being on Rafah has not stopped the violence, wrote scientist Ayesha Khan on Instagram. The phrase “All Eyes on Rafah” has been appearing in various graphics and images associated with the war in Gaza for months and is not necessarily tied to this specific viral image. “Because you’re directing everyone’s gaze to an image that doesn’t really show the horror of what happens in conflict zones.”What does ‘All Eyes on Rafah’ mean? Others have pointed out that the image does not actually include the words “Palestine” or “Gaza” — names that have been widely politicized even before October 7. “Rafah does not have the immediate name recognition for people who haven’t been paying attention,” said writer Heben Nigatu on X.

Persons: Gaza —, It’s, Tim Dillon, it’s, Ayesha Khan, Khan, Rik Peeperkorn, “, Peeperkorn, shahv4012, Faiza Hirji, Hirji, there’s, ” Hirji, haven’t, ”, Heben Nigatu, George Floyd’s, — “ Organizations: CNN, NBC, Health, West Bank, Ontario’s McMaster University Locations: Rafah, Gazan, Gaza, Instagram, West, ’

☆ Foot Locker leaves our penalty box as CEO Mary Dillon's revamp plan turns corner
▼ + stars: | 2024-05-30 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

Foot Locker surged Thursday after its quarterly earnings report showed signs that CEO Mary Dillon's turnaround plan is starting to pay off. At its highs of the session Thursday, Foot Locker was up nearly 32% before giving up some of those gains. That counts for something, especially when Foot Locker's stock entered Thursday down nearly 35% since the session before the March disaster. Encouragingly, Dillon told CNBC that Foot Locker and Kids Foot Locker saw positive comp-store sales. Foot Locker Why we own it: We are in Foot Locker for the turnaround.

Persons: Locker, Mary Dillon's, Dillon, Thursday's, Foot, Mary Dillon, Jim Cramer, Encouragingly, comps, Nike, we've, Jim Cramer's, Jim, Xavi Lopez Organizations: LSEG, CNBC, Nike, Holding, JD, Dick's Sporting Goods, Shoppers, Lightrocket, Getty Locations: Oregon, It's, Spain

☆ China’s Xi Jinping calls for peace conference and ‘justice’ over war in Gaza as Arab leaders visit Beijing
▼ + stars: | 2024-05-30 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +6 min

Hong Kong CNN —Chinese leader Xi Jinping decried “tremendous sufferings” in the Middle East and called for an international peace conference as leaders from Arab nations visit Beijing this week amid mounting global concern over Israel’s war in Gaza. Justice should not be absent forever,” Xi said Thursday at the opening of a meeting between top diplomats from China and Arab states, also attended by several leaders from the region. Delegations from 22 Arab states joined that event at Beijing’s Diaoyutai State Guesthouse, according to Chinese state media. China has recognized a Palestinian state since 1988. Thursday’s ministerial meeting is the first such gathering since China held its first joint summit with Arab leaders in late 2022 in Saudi Arabia.

Persons: Xi Jinping, ” Xi, Israel, Xi, ”, Abdel, Fattah, Mohamed bin Zayed Al Nahyan, Bahrain’s King Hamad bin Isa Al Khalifa, Kais Saied, China “, Yun Sun, Fatah, Joe Biden, Jamal Khashoggi, Egypt’s Sisi Organizations: Hong Kong CNN, United Arab Emirates, States Cooperation Forum, Diplomats, Stimson, UN Relief and Works Agency for Palestine Refugees, of Locations: China, Hong Kong, Beijing, Gaza, “, Palestinian, Rafah, United States, Israel, Washington, United, Palestine, Iran, Saudi Arabia, Istanbul

☆ Best Buy surges on signs that the expected AI-driven PC and smartphone refresh is starting
▼ + stars: | 2024-05-30 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Bottom Line This was a better-than-feared quarter from Best Buy. Services are an area that Best Buy can lean into and leverage to differentiate from online retailers like Amazon . Importantly, she noted that not only will Best Buy have the largest assortment of AI-enabled PCs but over 40% of that assortment will be exclusive to Best Buy. Going back to how Best Buy can compete with the likes of Amazon, Best Buy is working closely with vendors on marketing strategies and demonstrations to offer a "unique educational and interconnected digital shopping journey." Bimal Tandel photographs Bhavin Tandel and Dinesh Tandel, crew members on the Klara Oldendorff, in front of a Best Buy in Timonium, Maryland, U.S., March 29, 2024.

Persons: Corie Barry, we're, Barry, FactSet, Jim Cramer's, Jim Cramer, Jim, Bimal, Bhavin Tandel, Dinesh Tandel, Klara Oldendorff, Julia Nikhinson Organizations: LSEG, Services, Amazon, Computer, Target, Walmart, Costco, Barry, Apple, CNBC Locations: Timonium , Maryland, U.S

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