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Helen Mirren's comments about Kurt Cobain never experiencing GPS went viral. Look at Kurt Cobain — he hardly even saw a computer!" In 2020, Mirren mentioned Cobain in the context of GPS technology in an interview with Oprah's website. "I think about Kurt Cobain and all that he missed. As for why that anecdote is about Kurt Cobain?
Persons: Helen Mirren's, Kurt Cobain, Mirren, Cobain, she's, , Dame Helen Mirren, Oprah Winfrey, Winfrey, Kurt Cobain —, it's, that's Organizations: Service, Mirren, NPR, GPS, Google, Apple, Cosmopolitan, The Daily
A handful of companies reporting results in the upcoming week could see an earnings-powered boost. Megacap titans Microsoft , Amazon and Apple will headline the week, alongside other names within the travel, pharmaceuticals, energy and restaurant sectors. CNBC Pro screened FactSet for the companies reporting earnings next week that could receive a positive earnings surprise and see a jump in their shares. More than eight out of 10 of analysts covering Amazon view it as a buy, and the average price target suggests about 31% upside. Shares of Aptiv could rise another 29% from here, according to the average price target.
Persons: TD Cowen, Cowen, Andrew Kligerman, Aptiv, Wells, Colin Langan Organizations: Dow Jones, Megacap, Microsoft, Apple, CNBC, Insurance, MetLife, Bank of America, Citi, Amazon, Mastercard, Visa
Washington CNN —Former President Donald Trump’s late-campaign television ads are littered with deceptively edited and misleadingly described quotations. Multiple Trump ads omit critical words from quotes by and about Vice President Kamala Harris on the subject of tax policy. One Trump ad misleadingly depicts comments about fracking from Trump’s campaign and administration as if they were comments from independent news organizations. Tactic: Cutting out key wordsOne Trump ad deletes critical words from two separate quotes on Harris’ tax policies. Those ads feature on-screen text saying “Harris would raise taxes,” attributing those words to a CBS News article.
Persons: Donald Trump’s, Kamala Harris, Trump, Harris, Karoline Leavitt, , , “ Harris, Joe Biden, Harris –, Dan Brouillette, , Biden, can’t, “ Biden, Organizations: Washington CNN, Trump, Biden, Customs, , AdImpact, New York Times, Times, CBS, Reuters, E, Energy, Welfare, illegals, NBC, Newsweek, Customs Enforcement, CNN, ICE Locations: Pennsylvania, Michigan
Stocks including United Airlines and Morgan Stanley have seen immense buying on Wall Street this week and could be in store for a pullback. United Airlines stock has surged more than 82% in 2024, and has a 14-day RSI of 85.9, which is the second-highest reading on the list. UAL YTD mountain United Airlines stock. Morgan Stanley stock is also overbought this week, with a 14-day of RSI of 79.5. MS YTD mountain Morgan Stanley stock.
Persons: Morgan Stanley, General Mills Organizations: United Airlines, Nasdaq, Microsoft, Nvidia, CNBC Pro, FactSet, Morgan, Moderna, Enphase Energy
Automotive revenue increased 2% to $20 billion from $19.63 billion in the same period a year earlier and is about flat since late 2022. Energy generation and storage revenue soared 52% to $2.38 billion, while services and other revenue, which includes revenue from non-warranty repairs of Tesla vehicles, jumped 29% to $2.79 billion. Earlier this month, Tesla reported third-quarter vehicle deliveries of 462,890. While deliveries increased 6% from a year earlier, they fell shy of analysts’ expectations and followed two straight quarters of year-over-year declines. “Despite ongoing macroeconomic conditions, we expect to achieve slight growth in vehicle deliveries in 2024,” the company said in its earnings deck Wednesday.
Persons: Tesla, Elon Musk, FactSet, Musk, ” Tesla, , Kelley, Vaibhav Taneja, Li Auto, Donald Trump, Trump, doesn’t Organizations: Revenue, Energy, that’s, California Public Utilities, Li, Ford, General Motors, Trump, Nasdaq Locations: Texas, California, Bay, U.S, China, Harrisburg , Pennsylvania
But they are on the same side on fracking — a key energy and environmental issue in the biggest battleground state in the election. Comfortable majorities of Pennsylvania voters support fracking, according to multiple recent polls. Bair said he gets “very frustrated” when he hears the Trump camp “beating this drum” that Harris wants to end fracking. “She’s not going to ban fracking. You’re not going to be able to make good policy decisions about it.”Gray’s message to those who advocate to ban fracking: “Go without gas.
Persons: — John Stewart, Robert Bair, Donald Trump’s, Kamala Harris, Harris, Bair, , Katie Blume, Erik McGregor, , Trump, ” Stewart, Stewart, Biden, Walz, “ She’s, She’s, , Donald Trump, Jeff Swensen, Devon Johnson, Johnson, Frank Gray, Blume, ” Blume, fracking, ” Gray, you’ve, you’re, You’re Organizations: Cameron Energy Co, Conservation Voters, NBC News, Biden, Residents, Trump, Shell Chemicals, Keystone XL, Steamfitters Union Local, fracking Locations: HOWE, Pa, Pennsylvania, U.S, Exton, Monaca, Canada, Nebraska, Pittsburgh, fracking
New York CNN —Keurig Dr Pepper will expand its energy drink business by acquiring the brand Ghost for more than $1 billion. The range of Ghost’s energy drink flavors, in partnership with sweet brands like Sour Patch Kids and Oreo, sets Keurig up to appeal to a younger audience, the company said in a statement Thursday. This is the biggest deal Keurig has signed off since acquiring Dr Pepper Snapple Group in 2018 for nearly $19 billion in cash, according to the Wall Street Journal. Keurig Dr Pepper Inc. (KDP) will acquire Ghost in two stages, paying $990 million in cash for 60% of the company by early 2025, then will buy the remaining stake in 2028, according to the statement. The deal includes Ghost’s sports nutrition business and energy drink arm.
Persons: New York CNN —, Dr Pepper, Keurig, Tim Cofer, , ” Cofer, Pepper, Ghost’s, Dan Lourenco, Ryan Hughes, , Lourenco Organizations: New, New York CNN, Dr Pepper Snapple Group, Wall Street, C4 Energy, Black Rifle Coffee Company, Pepper Inc Locations: New York
Dow stock Honeywell was one of the biggest drags on the 30-stock average Thursday after Club industrial giant reported mixed third-quarter results compounded by a mixed outlook. HON YTD mountain Honeywell YTD Honeywell shares sinking 4.5% after the release was understandable but represents an opportunity. Honeywell Why we own it: Honeywell is a provider of industrial technology solutions to companies in various industries. Sales were revised lower because the short cycle recovery in the company's industrial automation segment is not materializing as quickly as management was expecting. Honeywell International Inc. signage is displayed on a monitor on the floor of the New York Stock Exchange (NYSE) in New York.
Persons: we're, Vimal Kapur, Kapur, Kupar, Jim Cramer's, Jim Cramer, Jim, Michael Nagle Organizations: Dow, Honeywell, Emerson, CAES Systems, Air Products, Aerospace Technologies, CNBC, Honeywell International Inc, New York Stock Exchange, Bloomberg, Getty Locations: New York
The company's energy strategy team recently pitched CEO Andy Jassy on the benefits of nuclear power. AdvertisementIn June, Amazon's Global Energy Strategy team pitched CEO Andy Jassy the idea of doubling down on nuclear power to support its growing network of data centers. Jassy agreed, according to an internal Amazon document from the third quarter that was obtained by Business Insider. The company considered tapping into at least four additional existing nuclear power plants and sought even more small modular reactor deals. Nuclear power can be safer, more reliable, and more cost-efficient in the long term compared to other power sources, according to Jacopo Buongiorno, a nuclear engineering professor at MIT.
Persons: Andy Jassy, , Thos Robinson, It's, Sam Altman, Jassy, Jacopo Buongiorno, Buongiorno Organizations: Service, Amazon's Global Energy, Business, Amazon, Amazon Web Services, Hulton, Google, Kairos, Microsoft, Amazon's Global Energy Strategy, BI, US Department of Energy, MIT, Global Energy Strategy Locations: Pennsylvania, Fukushima, Maryland, Texas
New York CNN —A former Sports Illustrated swimsuit model is alleging that former President Donald Trump groped her in the 1990s, in what she believes was an attempt to show off for Jeffrey Epstein. “These accusations, announced on a Harris Campaign call two weeks before the election, are false,” said Trump campaign spokeswoman Karoline Leavitt. Trump and EpsteinWhen she and Epstein left Trump Tower, Williams said that he was silent while they rode down the elevator. After Epstein was charged, Trump told reporters that he did not know about his misconduct. “I was not a fan of Jeffrey Epstein,” Trump said.
Persons: New York CNN —, Donald Trump groped, Jeffrey Epstein, Stacey Williams, Epstein, Williams, Trump, , didn’t, ” Williams, , “ Stacey, Donald, Kamala ”, Kamala Harris ’, Harris, Karoline Leavitt, Doug Emhoff ‘, , Emhoff, Epstein “, “ Donald, Epstein –, , she’s, Jean Carroll, Jeff, ” Trump, she’d, CNN’s Scott Glover Organizations: New, New York CNN, CNN, Trump, New York Magazine, Sports, Democratic, Tech, Obama Locations: New York, Trump, New York City, Beach, Lago, City
For Chinese imports, Trump has proposed an even steeper 60% tariff. Many economists have warned that tariffs planned by Trump will hurt global economic growth and drive up inflation in the US, as well as abroad if other countries introduce higher levies on US imports in response. The International Monetary Fund (IMF) also sees a hit to global gross domestic product from increased tariffs around the world, according to its latest World Economic Outlook. Mario Tama/Getty ImagesA rise in protectionism around the world means open trade is already under threat and the ability of its champion, the World Trade Organization, to settle international trade disputes is severely constrained. “What we’d see in Trump 2 is far more radical than what we saw in Trump 1.”
Persons: Smoot, Donald Trump, Federal Reserve — Trump, Trump, , Evan Vucci, he’s, Maurice Obstfeld, Kristalina Georgieva, , Mario Tama, ” Obstfeld, ” Petros Mavroidis, Scott Olson, Joe Biden, André Sapir, Bruegel, Jerome Powell, Powell, ” Trump, ” Edward Alden, ” Alden Organizations: London CNN, Federal Reserve, Bloomberg, Economic, of Chicago, Trump, Peterson Institute for International Economics, Republican, UBS, Monetary Fund, ABN AMRO, Peterson Institute, IMF, White, Port, World Trade Organization, CNN, Columbia Law School, US, European Union, EU, greenback, Foreign Relations, Locations: United States, Hawley, Washington, DC, China, Ukraine, Chicago, Japan, France, South Korea, Port of Los Angeles, Indiana, Portage , Indiana, Brussels, Trump
Some longtime Intel employees are eligible for up to 19 months of severance. After years of layoffs, buyouts, and even one temporary pay cut, many employees have thought about what they might do after Intel. BI spoke to three former Intel employees who are using the company's hard times as an opportunity to upend their lives. Over his 24 years at Intel, Guha used his spare time to develop a wealth management strategy based on the philosophies of Warren Buffet. Lessons learned at IntelThough several departing Intel employees expressed some frustration with the current state of the company, they still believe it can be successful.
Persons: , Shi Choong, she's, Choong, It's, Javier Apostol, Apostol, he's, Sumit Guha, Guha, Warren Buffet, He's, sabbaticals Organizations: Intel, Service, Business, IRS, AARP, Engineers Locations: Portland, Oregon, San Francisco Bay, Puerto Vallarta, Mexico, Arizona, Yuma County , California, formalwear
Jordan Page was deeply unhappy in his 9-to-5 digital content job at a Fortune 500 company. At the beginning of this job, I'd hardly freelanced, putting all my energy into my new role. With decent pay from the corporate role, I'd saved around £6,000, around $7,800, to live on as I tried to build a career as a writer. But when I told them I'd quit, I could see the shock on their faces. Would I have quit my job if "Brat" hadn't been released?
Persons: Jordan Page, , I'd, Charli XCX, They'd, they'd, Kamala Harris, I've, hadn't, I'm Organizations: Fortune, Service, Brands Locations: California, Turkey
Michelle Panning, a relationship coach, documented herself trying "rejection therapy" for 30 days. While not an officially recognized form of therapy, 2 therapists said it's a form of exposure therapy. It inspired Panning to try it herself, documenting a 30-day rejection therapy challenge on her TikTok channel. While "rejection therapy" isn't a research-backed form of therapy (it was originally coined as the name of a card game by developer Jason Comely), both Goldberg and Farina said that gradual exposure to rejection can help build confidence. Start smallIf you want to try your own version of rejection therapy, start small and cater it to whatever feels like a stretch, Goldberg said.
Persons: Michelle, , Jia Jiang, Jiang, desensitized, Rachel Goldberg, Gen Zers, Lauren Farina, Jason Comely, Goldberg, Farina, I'd Organizations: Service, Technology
'We set our production record in this quarter,' says Equinor CEO
  + stars: | 2024-10-24 | 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 Email'We set our production record in this quarter,' says Equinor CEOAnders Opedal, CEO of Equinor, discusses third-quarter results and the energy industry.
Persons: Anders Opedal
TSLA YTD mountain Tesla stock in 2024. Jonas reiterated his overweight rating on Tesla stock, and his price target implies 45% upside. Wells Fargo, $125 per share price target Wells Fargo isn't a buyer after the strong results, citing high valuations. His neutral rating and $250 per share price target implies roughly 17% upside ahead. Barclays, $220 per share price target Barclays had positive takeaways from the report but reaffirmed that questions remain around Tesla's artificial intelligence and full self driving initiatives.
Persons: Elon Musk, Tesla, they're, Morgan Stanley, Morgan Stanley's Adam Jonas, Jonas, Wells, Colin Langan, Langan, Goldman Sachs, Mark Delaney, Delaney, Dan Levy, Levy, John Murphy, Murphy Organizations: FactSet, Tesla, Barclays, Bank of America Locations: Texas, California, Shanghai
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAffordable energy key to keeping inflation at level economies can handle, says Chevron CEO WirthChevron Chairman and CEO Mike Wirth joins 'Mad Money' host Jim Cramer to talk Chevron's newest off shore oil platform.
Persons: Mike Wirth, Jim Cramer Organizations: Chevron, Wirth Chevron
AdvertisementTesla's earlier Robotaxi unveiling failed to impress investors, despite a surprise Robovan announcement and promises that unsupervised fully autonomous driving would be available in California and Texas next year. After the unveiling, Tesla's stock fell 10%. And the stock increase shows just how much analysts focus on the near-term and Tesla's automotive business, he said. The company also said in its earnings report that production on "more affordable models" remains on track for the first half of 2025. Musk also touted other aspects of Tesla's business, including its energy products and fully autonomous self-driving cars.
Persons: , Tesla, Musk, Piper Sandler, Dan Levy, Gene Munster, Mark Narayan Organizations: Tesla, Service, Elon Musk's, Analysts, Barclays, Deepwater Asset Management, RBC Capital Markets, Optimus Locations: California, Texas
'Mad Money' host Jim Cramer shares his final thoughts on Chevron's floating oil production. Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email
Persons: Jim Cramer
Oil prices edge higher, on track for 3% weekly gain
  + stars: | 2024-10-24 | by ( ) www.cnbc.com   time to read: +2 min
Oil prices edged higher on Thursday, recouping some of the more than 1% losses from the previous session after U.S. crude inventories rose much more than estimated. Brent was on track for a 3.2% gain in the week, while WTI was set to rise 2.9%. Last week oil fell more than 7% on worries about Chinese demand and easing concerns about potential disruptions of Middle East oil supplies. Smaller-than-expected rate cuts will temper the reduction in borrowing costs, which in turn could affect economic activity and oil demand. Meanwhile, Israeli strikes pounded Beirut's southern suburbs on Wednesday and Hezbollah said it fired precision guided missiles for the first time at Israeli targets, keeping markets nervous about supply.
Persons: recouping, Brent, WTI Organizations: Brightoil Petroleum, Holdings, Brent, U.S, West Texas, U.S . Energy, Administration, Reserve Locations: Waidiao, Zhoushan, Zhejiang Province, China, Israel, East, U.S, Washington, Iran
As Luccioni shows me a digital map that tabulates real-time data on electricity consumption and carbon intensity, she explains it's her "favorite website." Her enthusiasm carries over into her role as AI & Climate Lead at Hugging Face, where Luccioni collects actionable data on AI's environmental impact. Luccioni codeveloped and regularly contributes to CodeCarbon, a program that helps developers estimate emissions and energy use from running AI models. "Where the energy is coming from is really the biggest impact on emissions," Luccioni said. "You have to define specific data sets and specific hardware to compare these models."
Persons: it's, Luccioni, ChatGPT Organizations: Nvidia, Google, Meta, Organisation for Economic Co, Energy, EPA
Amazon Prime wants to help you save on gas
  + stars: | 2024-10-24 | by ( Erika Tulfo | ) edition.cnn.com   time to read: +3 min
CNN —Prime members can now add “fuel discounts” to their ever-growing list of benefits. Members can avail themselves of the discount by linking their Amazon account to Earnify, a loyalty program app by BP. Amazon’s newest savings benefit could alleviate some of that potential grief for its over 184 million Prime subscribers. How Amazon is retaining its leadFuel and energy probably isn’t the first sector to come to mind when you think of Amazon, but analysts say that the recent inclusion of gas savings doesn’t come as too much of a surprise. “Other retailers are still playing catch up to Amazon, and Amazon wants to retain its lead,” Saunders said.
Persons: , Neil Saunders, Saunders, Wayfair’s, ” Saunders Organizations: CNN, Amoco, BP, GlobalData, Walmart, that’s, Target
However, slower-than-expected adoption of EVs and higher costs have led it to change course and include extended-range electric vehicles, or EREVs. Scout Terra pickup truck conceptKeogh said Scout added EREVs to better protect the brand from any market volatility amid less-than-expected consumer demand for EVs. Interior of Scout Traveler SUV concept ScoutBoth the Traveler and Terra are expected to start between $50,000 and $60,000 with available incentives, according to Scout. It's larger than Jeep's well-known Wrangler, which is currently available as a plug-in hybrid electric vehicle. Scout Traveler SUV concept
Persons: Scott Keogh, Keogh, Scout, Ford, Stellantis Organizations: Scout, NASHVILLE, — Volkswagen, Scout Motors, CNBC, EV, Lucid, VW, International, American, Ford Bronco, Toyota Land, Ford, General Motors Locations: Tenn, American, U.S, South Carolina, Scout's South Carolina, Canada, U.S ., Nashville , Tennessee
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEnergy is the driving force behind much more than you think in the stock market, says Jim Cramer'Mad Money' host Jim Cramer reports from Chevrons newest offshore oil platform to get an idea what the company is working on.
Persons: Jim Cramer Organizations: Email Energy
With a historic presidential election just around the corner, Chevron CEO Mike Wirth told CNBC's Jim Cramer what kind of government action is important for his company. "What really matters is consistent and coherent energy policy," he said. Wirth stressed that energy is a vital part of the global economy, saying that if supplies are constrained by political actions, it can trigger inflationary reactions across the board. According to Wirth, Chevron is apolitical and tries to work with both parties. For example, he said, oil helps create petrochemicals which are used for a variety of manufacturing purposes, including to create materials for EVs.
Persons: Mike Wirth, CNBC's Jim Cramer, Wirth Organizations: Chevron, Wirth Locations: U.S
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