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Nvidia is the stock of the year. Can it last?
  + stars: | 2023-12-05 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +10 min
New York CNN —It would be an understatement to say that it’s been a good year for Nvidia. The California-based chipmaking giant has seen its shares soar about 220% this year, making it the top performing S&P 500 stock in 2023. What’s happening: Just before Thanksgiving, Nvidia crushed doubts that its star was fading by reporting gangbuster third quarter earnings. By Sosnick’s count, Nvidia executives mentioned AI at least 70 times on their most recent earnings call. Historically, Nvidia has had hard falls after missteps — between 2021 and 2022, shares of the stock fell by 66%.
Persons: Hannah de Wolf, Colette Kress, There’s, , Steve Sosnick, we’ve, Nvidia …, Dan Ives, Goldman Sachs, Piper Sandler, Harsh Kumar, Sarat Sethi, DCLA, Sethi, it’s, missteps, hasn’t, Matt Egan, Robert Jackson Jr, Joshua Mitts, , Mitts, it’s “, ” Mitts, Jackson, Catherine Cortez Masto, Biden, Cortez Masto, “ I’m, Todd Young, Tim Kaine, Mark Warner, Rand Paul, Mitch McConnell, Bill Hagerty, Marsha Blackburn ,, Joe Manchin, Roger Marshall, Katie Britt Organizations: CNN Business, Bell, New York CNN, Nvidia, Revenue, Nvidia can’t, Washington Service, Interactive, CNBC, Columbia University, New York University, Israel, Fund, SEC, NYU, , CNN, US, EU, Indiana Locations: New York, California, China, Wedbush, Israel, Gaza, Columbia, Nevada, American, Virginia, Kentucky, Tennessee, Marsha Blackburn , West Virginia, Joe Manchin , Kansas, Alaska
That sort of approach resonated in conservative strongholds like Alabama long before Trump. Alabama Democrats, especially, cite deep historical roots involving racism, class and urban-rural divides when explaining Wallace, Trump and the decades between them. Moderate to progressive “national Democrats” were concentrated in north Alabama, Baxley explained, while reactionary “states-rights Dixiecrats” cohered in south Alabama. Wallace won four Deep South states as an independent in 1968. Wallace won his fourth term as governor in 1982 after disavowing segregation and winning over enough Black voters.
Persons: George Wallace, Wallace, Donald Trump, Trump, “ Alabamians, , Terry Lathan, ” Trump, Barack Obama, Brent Buchanan, Wayne Flynt, , Lathan, Ron DeSantis, Reagan, Trump's, ” Wallace, Lyndon Johnson, Bill Baxley, Baxley, Lincoln ”, ” Baxley, Franklin Roosevelt’s, “ Wallace, Johnson, Barry Goldwater, Flynt, Alabama “, Richard Nixon, Ronald Reagan, Wallace’s, Jimmy Carter, Carter, Alabama's, Democratic pollster Zac McCrary, Hillary Clinton’s, Joe Biden’s, ” McCrary, Sen, Richard Shelby's, Shelby, Newt Gingrich, Dan Carter, Jeff Sessions, Trump’s, John McCain, Mitt Romney, Mike Huckabee, Rick Santorum, Tommy Tuberville, Katie Britt, dealmaker, Britt, Buchanan, Republican pollster, Donald Trump’s, Kim Chandler Organizations: ATLANTA, — Republican, University of Alabama, Civil Rights Movement, Republicans, Party of Lincoln, Party of Trump, Trump, America, GOP, Alabama Republicans, Democratic, Alabama Democrats, “ Party, Democrats ”, Politics, National Democrats, Franklin Roosevelt’s New, Civil, Act, Republican, Reconstruction, Klux Klan, Birmingham's, Baptist Church, Washington, Democrat, , Democrats, U.S, Senate, Sessions, Alabama, Alabama Legislature, Southern Democrats, Capitol, Shelby, Associated Press Locations: Tuscaloosa, Washington, Alabama, lockstep, Florida, Southern, U.S, Texas, New York, Trump, Jan, Montgomery , Alabama
According to multiple sources familiar with the Tuesday lunch meeting, McConnell warned GOP senators that they could face “incoming” from the “center-right” if they signed onto Hawley’s bill. On that list of senators: Hawley himself, according to sources familiar with the matter. But there’s also no love lost between McConnell and Hawley, who has long criticized the GOP leader and has repeatedly called for new leadership atop their conference. In an interview, Hawley defended his bill and said that corporate influence should be limited in elections. “I think that’s wrong,” Hawley told CNN.
Persons: Mitch McConnell, Sen, Josh Hawley, McConnell, Hawley, there’s, , Chuck Schumer, ” Hawley, , Chris Christie, Donald Trump, Mike Braun, Kevin Cramer of North, Marsha Blackburn of, Dan Sullivan, Joni Ernst of Iowa, Roger Marshall of Kansas, Susan Collins of, Steve Daines, Thom Tillis, Lindsey Graham of, Katie Britt, Alabama, Lisa Murkowski, Eric Schmitt of Missouri, Ted Budd of, JD Vance, Ohio, Ron Johnson Organizations: CNN, GOP, Kentucky Republican, Fund, McConnell, New, New York Democrat, Missouri Republican, Indiana Locations: New York, Ukraine, Israel, Colorado, Kevin Cramer of North Dakota, Marsha Blackburn of Tennessee, Alaska, Susan Collins of Maine, Montana, North Carolina, Lindsey Graham of South Carolina, Ted Budd of North Carolina, Ron Johnson of Wisconsin
Lawmakers React to the Hamas Attack on Israel
  + stars: | 2023-10-09 | by ( Kaia Hubbard | Oct. | At P.M. | ) www.usnews.com   time to read: +35 min
The Hamas terrorist attack on Israel is reprehensible. Israel is under heavy attack right now by Hamas and taking action to defend itself and its people. Israel has every right to defend itself.”Sen. Jon Tester, Montana Democrat“I strongly condemn the terrorist attacks launched by Hamas against our ally Israel. I will continue to closely monitor the situation.”Sen. Maggie Hassan, New Hampshire Democrat“Hamas’s terrorist attack on Israel is nothing short of horrifying. Israel has every right to defend itself from this unjust war.”Sen. Ron Wyden, Oregon Democrat“The terrorist attack on Israel is appalling.
Persons: Hakeem Jeffries, , Steve Scalise, ” Kevin McCarthy, ” Chuck Schumer, , Herzog –, ” Mitch McConnell, ” Tom Emmer, ” Katherine Clarke, ” Dick Durbin, ” John Thune, ” Sen, Debbie Stabenow, Michigan Democrat “, Israel, Amy Klobuchar, Mark Warner, Elizabeth Warren, Massachusetts Democrat “, Bernie Sanders, Cory Booker, Cory Booker , New Jersey Democrat “, Joe Manchin, West Virginia Democrat “, Tammy Baldwin, Wisconsin Democrat “, Gary Peters, Gary Peters , Michigan Democrat “, Catherine Cortez Masto, Brian Schatz, Hawaii Democrat “, Jeff Merkley, Oregon Democrat “, John Barrasso, Joni Ernst, Iowa Republican “, Sen, Shelley Moore Capito, West Virginia Republican “, Steve Daines, Montana Republican “, Mike Lee, Mike Crapo, Chuck Grassley, Tommy Tuberville, Katie Britt, Lisa Murkowski, Dan Sullivan, Kyrsten, Mark Kelly, John Boozman, Tom Cotton, Arkansas Republican “, Alex Padilla, Laphonza Butler, California Democrat “, today’s, Michael Bennet, Colorado Democrat “, John Hickenlooper, 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Tillis, Ted Budd, North Carolina Republican “, John Hoeven, John Hoeven , North Dakota Republican “, Kevin Cramer, Sherrod Brown, Ohio Democrat “, J.D, , Vance, James Lankford, Markwayne Mullin, Israel –, Ron Wyden, Bob Casey, John Fetterman, craven, Jack Reed, Sheldon Whitehouse, Lindsey Graham, Tim Scott, South Carolina Republican “ I’m, Mike Rounds, South Dakota Republican “ Shocked, Marsha Blackburn, Marsha Blackburn , Tennessee Republican “ Israel, Bill Haggerty, Tennessee Republican “, John Cornyn, John Cornyn , Texas Republican “, Ted Cruz, Mitt, Vile, Peter Welch, Vermont Democrat “, Tim Kaine, Patty Murray, Washington Democrat “, Maria Cantwell, Ron Johnson, Wisconsin Republican “ Israel, Cynthia Lummis, Wyoming Republican “, Jim Jordan, Jared Moskowitz, Abigail Spanberger, Elissa Slotkin, Don Bacon, perpetrating, Cori Bush, Missouri Democrat “, Kevin Hern, Kevin Hern , Oklahoma Republican “, ” Rep, Ritchie Torres, Ritchie Torres , New York Democrat “, Michael McCaul, Michael 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Smith , Mississippi Republican, Josh Hawley , Missouri Republican, Missouri Republican, Montana Democrat, Nebraska Republican, Jeanne Shaheen , New, Jeanne Shaheen , New Hampshire Democrat, Maggie Hassan , New Hampshire Democrat, Bob Menendez , New, Bob Menendez , New Jersey Democrat, New Mexico Democrat, New, New York Democrat, United, North Carolina Republican, John Hoeven , North Dakota Republican, Kevin Cramer , North Dakota Republican “, Ohio Democrat, Vance , Ohio Republican, James Lankford , Oklahoma Republican, Oklahoma Republican, “ Hamas, Rhode, Lindsey Graham , South Carolina Republican, South Carolina Republican, South Dakota Republican, Marsha Blackburn , Tennessee Republican, Tennessee Republican, John Cornyn , Texas Republican, Ted Cruz , Texas Republican, Vermont Democrat, Washington Democrat, Wisconsin Republican, Wyoming Republican, , Ohio Republican “, Missouri Democrat, Kevin Hern , Oklahoma Republican, Ritchie Torres , New, Ritchie Torres , New York Democrat, Jewish State, Michael McCaul , Texas Republican Locations: Israel, United States, Tehran, The United States, Iran, Michigan, U.S, Minnesota, Massachusetts, Vermont, Cory Booker ,, Cory Booker , New Jersey, West Virginia, Wisconsin, Gary Peters , Michigan, Nevada, Hawaii, Oregon, John Barrasso , Wyoming, America, Iowa, West, Montana, Iranian, Utah, Idaho, Alabama, Alaska, Alaska Republican “ America, @Israel, Kyrsten Sinema, Arizona, John Boozman , Arkansas, Jewish State, Arkansas, Saudi Arabia, California, Gaza, Colorado, Connecticut, Delaware, Florida, Georgia, Mazie Hirono, Illinois, Kansas, Kentucky, Louisiana, Maine, Maryland, Palestine, Roger Wicker , Mississippi, Smith , Mississippi, Josh Hawley , Missouri, Missouri, Nebraska, Jeanne Shaheen ,, Jeanne Shaheen , New Hampshire, Maggie Hassan , New Hampshire, Bob Menendez ,, Bob Menendez , New Jersey, New Mexico, New York, North, John Hoeven , North, Kevin Cramer , North, Ohio, Vance , Ohio, James Lankford , Oklahoma, Oklahoma, Pennsylvania, Rhode Island, Lindsey Graham , South, South, States, Marsha Blackburn , Tennessee, Tennessee, John Cornyn , Texas, Ted Cruz , Texas, Mitt Romney, Virginia, “ Hamas, Washington, Wyoming, Ohio Republican “ America, Kevin Hern , Oklahoma, Ritchie Torres ,, Ritchie Torres , New York, Michael McCaul , Texas
Just 3 GOP senators did not sign onto a letter condemning the new Senate dress code. That includes Sen. Katie Britt, who's good friends with Sen. John Fetterman. But the Alabama senator says she "very much" disagrees with the change anyway. "When I walked in that day, his energy and demeanor was totally different," Britt told the Associated Press of her hospital visit. "I very much disagree with Senator Schumer's unilateral change to the Senate dress code," said Britt.
Persons: Sen, Katie Britt, who's, John Fetterman, Chuck Schumer, Democratic Sen, John Fetterman of, Josh Hawley, Mike Braun, Indiana, Braun, Alabama, Britt, Schumer's, , Fetterman Organizations: Senate, Service, Republican, Democratic, Capitol, Pennsylvania, Associated Press Locations: Alabama, Wall, Silicon, John Fetterman of Pennsylvania, Missouri
Nearly every GOP senator signed a letter blasting Schumer's decision to relax Senate attire rules. "Allowing casual clothing on the Senate floor disrespects the institution we serve," the 46 senators wrote. "The Senate is a place of honor and tradition, and the Senate floor is where we conduct the business of the American people," the letter read. AdvertisementAdvertisement"The world watches us on that floor and we must protect the sanctity of that place at all costs," the letter continued. "Allowing casual clothing on the Senate floor disrespects the institution we serve and the American families we represent."
Persons: John Fetterman, fretting, Chuck Schumer, Sen, Rick Scott of, Schumer, Scott, Mike Braun, Katie Britt, Alabama, Josh Hawley of, John Fetterman of, Fetterman, Joe Manchin —, Organizations: GOP, Service, New York Democrat, Indiana, Republican, New York Times, Senate, Republicans, West, Times Locations: Wall, Silicon, Rick Scott of Florida, Josh Hawley of Missouri, John Fetterman of Pennsylvania, West Virginia
CNN —President Joe Biden has decided that the headquarters of US Space Command will remain in Colorado and not move to Alabama, two US officials told CNN on Monday, reversing a decision by then-President Donald Trump. US Space Command, which is a joint command and separate from the US Space Force military branch, is currently housed in Colorado Springs, but the Air Force recommended near the end of Trump’s presidency that the command be moved to Huntsville, Alabama. Former Air Force Secretary Barbara Barrett also chose Huntsville as the preferred location for SPACECOM headquarters in 2021. Colorado Springs is home to Peterson Space Force Base, previously known as Peterson Air Force Base. Rep. Doug Lamborn, a Republican from Colorado and chair of the House Armed Services subcommittee on strategic forces, hailed Biden’s decision to keep Space Command headquarters at Peterson Space Force Base, calling it “the most viable option” and the “best permanent home” for the military’s newest combatant command.
Persons: Joe Biden, Donald Trump ., Frank Kendall, Biden, Barbara Barrett, James Dickinson, Defense Lloyd Austin, Kendall, , Republican Sen, Tommy Tuberville, Tuberville, SPACECOM, Tuberville’s, ” Tuberville, , Katie Britt, Biden “ irresponsibly, yank, Robert Aderholt, Doug Lamborn Organizations: CNN, US Space Command, Donald Trump . US Space Command, US Space Force, Air Force, Huntsville , Alabama . Air Force, Force, Former Air Force, Huntsville, Space Command, Defense, of, Republican, The Department of Defense, Alabama, Department of Defense’s, ” Republican, Arsenal, Missile Defense Command, Colorado Springs, Peterson Space Force Base, Peterson Air Force Base, House Armed, , Associated Press, SPACECOM Locations: Colorado, Alabama, Colorado Springs, Huntsville , Alabama, SPACECOM, Huntsville
A new bipartisan bill unveiled Wednesday would require parental consent for anyone under 18 to use social media. It would also create a pilot program for a new age verification credential that could be used to enroll on social media platforms. In addition to parental consent to use social media, the bill requires such companies to "take reasonable steps beyond merely requiring attestation" to verify users' ages. The bill says that "existing age verification technologies" should be taken into account and that information collected for age verification purposes shouldn't be used for anything else. WATCH: Tiktok hearing was an 'unmitigated disaster' for social media app, says Stanford's Jacob Helberg
The proposed legislation by a bipartisan group of US senators aims to address what policymakers, mental health advocates and critics of tech platforms say is a mental health crisis fueled by social media. “Social media companies have stumbled onto a stubborn, devastating fact,” Schatz said. But it would represent a potentially vast expansion of the government’s role in regulating websites where age verification is a requirement. Tech companies could still develop their own in-house age verification technology or hire third party companies to perform the verification, lawmakers said. Violations of the proposed law could mean millions of dollars in Federal Trade Commission fines for social media companies.
WASHINGTON, April 25 (Reuters) - A group of nine Republican senators on Tuesday urged the Biden administration to impose sanctions on Huawei Cloud and other Chinese cloud service providers, citing national security concerns, according to a letter seen by Reuters. The senators said Huawei Cloud launched its "Sky Computing Constellation" in co-sponsorship with Changsha Tianyi Space Science and Technology Research Institute also known as "Spacety China" in 2021. Alibaba Cloud, a subsidiary of Alibaba Group Holding Ltd (9988.HK), did not immediately comment. Reuters reported in January 2022 that the Biden administration was reviewing the cloud business of e-commerce giant Alibaba to determine whether it poses a risk to U.S. national security. The letter said the Biden administration should consider further investigation or actions against China’s other cloud service providers including Baidu Cloud and Tencent Cloud which may impact U.S. national security.
[1/2] A sign reading "Closure" hangs on a fence at the entrance of the limestone mining by Vulcan Materials in Calica, in Quintana Roo state, Mexico May 6, 2022. Mexico's government on Friday ordered a halt to Vulcan Materials, a producer of gravel and crushed stone, citing environmental concerns and provoking the U.S.-based firm to say it will take legal action to restart operations in Playa del Carmen. REUTERS/Paola ChiomanteMEXICO CITY, March 20 (Reuters) - U.S. construction materials company Vulcan Materials (VMC.N) said on Monday Mexican security forces illegally took possession last week of its port terminal in southern Mexico, amid an extended lawsuit over its nearby limestone mining activities. It follows a 5-year fight with the Mexican government over Vulcan's concessions punctuated by sharp criticism from the country's president last year. Vulcan declined to say how last week's action was illegal or who is currently in control of its terminal.
"I've got better things to do with my time," McConnell told a local radio station. "I've got better things to do with my time," McConnell told Kentucky local news radio 840 WHAS, according to Punchbowl News' Andrew Desiderio. Trump recently decried McConnell over his support for a bill that would keep the government funded through September. "Actually, it's quite an honor," McConnell once said of Trump's "Old Crow" insult. McConnell on Tuesday told the local radio station, "I hope we nominate someone who can win."
A record number of womenSenator-elect Katie Britt in the Capitol on November 15, 2022. Tom Williams/CQ-Roll Call, Inc via Getty ImagesThe 118th Congress is shaping up to be the most diverse ever. A record 149 women will serve, making up almost 28% of the legislative body and expanding the current count by two, according to data compiled by Rutgers' Center for American Women and Politics. Among them are 22 new House members and one new senator, Republican Katie Britt of Alabama. The other 15 women are Democrats.
Senate Minority Leader Mitch McConnell blamed Trump for the GOP's poor showing in this year's Senate races. He reiterated previous comments on Tuesday about "candidate quality" issues with Senate candidates. "Hopefully in the next cycle, we'll have quality candidates everywhere and a better outcome," he added. McConnell also reiterated previous comments he's made about the party's roster of Senate candidates, including that he "never said there was a red wave." "I do think we had an opportunity to relearn, one more time: you have to have quality candidates to win competitive Senate races," he added.
A GOP super PAC lost more than $158,000 in an email hack, filings with the FEC indicate. The PAC, Secure Our Freedom Action Fund, is run by two former high-ranking NRA executives. Letter from Secure Our Freedom Action Fund to the Federal Election Commission. Sen.-elect Katie Britt, a Republican from Alabama, is one of the candidates that super PAC Secure Our Freedom Action Fund supported this year. The political action committees of three large trade associations reported stolen checks and fraudulent activity this election cycle as well.
Rep. Mo Brooks said ex-President Donald Trump should not be the GOP presidential nominee in 2024. In an interview with AL.com, Brooks was highly critical of his onetime political ally. "I challenge anybody to make the argument that you can trust the word of Donald Trump," he said. "It would be a bad mistake for the Republicans to have Donald Trump as their nominee in 2024. "I did not fight for Donald Trump after the 2020 election," Brooks said.
Share this -Link copiedWisconsin Senate and governor's races too early to call It is too early to call the Senate and gubernatorial races in Wisconsin, according to NBC News. Share this -Link copiedNew Hampshire Senate race too early to call The Senate race in New Hampshire is too early to call, according to NBC News. Share this -Link copiedPennsylvania Senate and governor races are too early to call After polls closed at 8 p.m. While Maricopa County election officials initially categorized the problem as a “hiccup,” it took hours before a solution was identified early Tuesday afternoon. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said.
At huge rallies over the weekend, Trump read off a list of Republican candidates while honing a speech that sounded like his own 2024 presidential campaign stump speech. The message was clear: Trump was the leader of the Republican Party, and the party would have Trump to thank for its expected victories on Election Day. But as returns began to come in Tuesday evening, the Republican rout driven by Trump's chosen candidates never materialized. Ohio Republican Senate hopeful J.D. In North Carolina, Trump-backed Republican Senate candidate Ted Budd defeated Democrat Cheri Beasley, NBC projected.
Republican Katie Britt is running against Democrat Will Boyd to represent Alabama in the US Senate. Britt has outraised and outspent Boyd by leaps and bounds, and is strongly favored to win. Alabama's Senate race candidatesBritt, who is endorsed by former President Donald Trump, worked on Shelby's 2015 reelection campaign as his deputy campaign manager and communications director. The money raceAccording to OpenSecrets, Britt has raised $10.6 million, spent $9.1 million, and has $1.5 million cash on hand, as of October 19. What experts sayThe race between Britt and Boyd is rated as "solid Republican" by Inside Elections, "solid Republican" by The Cook Political Report, and "safe Republican" by Sabato's Crystal Ball at the University of Virginia Center for Politics.
Alabama is holding US congressional elections on November 8. Polls close at 7 p.m. CT.Only one of Alabama's two US Senate seats is up for election this year. Both Senate seats are currently being held by Republicans. Alabama has seven seats in the US House of Representatives, each of which is up for election. Currently, six of the seven seats are held by Republicans and one is held by a Democrat, Rep. Terri Sewell, who's running for reelection in the state's 7th Congressional District.
Brian Kemp to become the state’s first Black governor — she’d also be the first Black woman in the country’s history to hold a governor seat. In Maryland, Rep. Anthony Brown could be the state’s first Black attorney general if he defeats Republican Michael Peroutka. Smaller historic races include Rep. Karen Bass’ bid to become Los Angeles’ first Black woman mayor. Flowers would be the first Black woman to hold the office in Alabama, and she’s already made history as the first Black woman from either major party to win the nomination for governor. If successful, she would be the first Black woman elected to the chamber in the state’s history.
Crypto financier Ryan Salame has donated millions to Republican candidates. Three of the candidates Salame supported this year railed against COVID restrictions. The three Republican candidates have all clashed with COVID restrictions in their attempts to woo the MAGA faithful to their side. Hines took to Twitter in August 2021 to lobby against vaccine mandates of any kind. "Ban COVID-19 Vaccine Mandates in our workplaces, our children's schools, and throughout #NC13!"
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