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☆ Opinion | Doing Nothing About Biden Is the Riskiest Plan of All
▼ + stars: | 2024-07-03 | by ( Nate Silver | ) www.nytimes.com time to read: 1 min

After last week’s debate disaster, some Democrats are trying to circle the wagons to protect President Biden, noting that Barack Obama lost his first debate as an incumbent president, too. Mr. Obama wasn’t 81 years old at the time of his debate debacle. And he came into the debate as a strong favorite in the election, whereas Mr. Biden was behind (with just a 35 percent chance of winning). A 35 percent chance is not nothing. But Mr. Biden needed to shake up the race, not just preserve the status quo.

Persons: Biden, Barack Obama, Obama, he’s, Donald Trump, Biden’s Organizations: Democratic Senate

☆ Natural gas is starting to resemble oil as a global commodity – here's why that matters and how to play it
▼ + stars: | 2024-07-03 | by ( Spencer Kimball | ) www.cnbc.com time to read: +7 min

Natural gas has historically been a regional commodity, with supply limited by pipeline networks. "Natural gas is starting to resemble oil in that there's a more global market emerging for it," Antia told CNBC in an interview. The global capacity to liquefy natural gas has grown 60% since 2014, reaching 483 million metric tons annually as of February 2024, according to the IGU. Cheniere: LNG powerhouse The U.S. dominates the global LNG market, accounting for 21% of global exports last year and shipping 84 million metric tons, according to the IGU. Cheniere Energy , a global LNG leader based in Houston, is an opportunity for investors who want exposure to the growing global gas market, Antia said.

Persons: Shehriyar Antia, PGIM, Antia, Bernstein, Cheniere, Morgan Stanley, Biden, Mark Menezes, CNBC's, Menezes, Trump Organizations: Prudential Financial, CNBC, International Gas Union, Cheniere Energy, York Stock Exchange, Department of Energy, U.S, LNG, European Union, U.S . Department of Energy, European, United States Energy Association Locations: U.S, Houston, Cheniere's, of Mexico, Indonesia, China, India, Japan, South Korea, Europe, Asia, Russia, Moscow, Ukraine, United Kingdom, European Union

☆ Bob’s Stores is closing all of its stores after nearly 70 years in business
▼ + stars: | 2024-07-03 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +1 min

New York CNN —Bob’s Stores, a discount store located in northeast America, is shutting down after seven decades in business. “We regret that our financial position necessitated the liquidation of Bob’s Stores,” Dave Barton, president of Bob’s Stores, said in a press release. All locations are offering steep discounts on everything the company sells, ranging from shoes to clothing. In 2022, Bob’s Stores was sold to GoDigital Media Group. Bob’s joins a growing number of retail bankruptcies in 2024, spurred from a slowdown in consumer spending and rising inflation.

Persons: Dave Barton, “ Bob’s, ” Bob’s, Bob’s Organizations: New, New York CNN, Bob’s, Marshalls, GoDigital Media Locations: New York, America, Connecticut, Massachusetts , New Hampshire , New Jersey , New York, Rhode Island

☆ MrBeast has his critics, but creator marketing experts explain why he'll always come out on top
▼ + stars: | 2024-07-03 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

According to an interview with Time magazine in February, MrBeast brings in about $600 million to $700 million a year in revenue. Related storiesBut despite the constant disapproval, MrBeast, aka Jimmy Donaldson, will always come out on top, experts in the creator economy say. Stewart-Harfmann said Donaldson's social circle also influences his perception. Don Arnold/Getty ImagesCorben Sharp, a videographer and influencer content expert, told BI Donaldson's "anything is possible" attitude also wins people over. Madison Breuer, a public relations account executive at Riester Advertising Agency with experience in influencer marketing, told BI Donaldson's videos look like "mini-movies."

Persons: —, Tamara Jawad Shami's, Shami, MrBeast, it's, Critics, He's, Donaldson hasn't, I'm, Jimmy Donaldson, Cristy Stewart, Donaldson, Stewart, Harfmann, Don Arnold, Corben Sharp, Sharp, Madison Breuer, Breuer, Noah Lydiard, Jeff Bezos, Lydiard, YouTuber Organizations: Service, YouTube, Business, Time, OSHA, Occupational Safety, Health Administration, Florida Atlantic University, Getty, Riester Advertising Agency Locations: Sydney

☆ Taiwan says it backed down from retrieving one of its fishing vessels seized by China to avoid escalation
▼ + stars: | 2024-07-03 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +1 min

China seized a Taiwanese fishing boat it says was trespassing in its waters. Taiwan's Coast Guard rushed its patrol boats to the scene, but stood down to avoid conflict. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . It said that after about an hour, Taiwan's Coast Guard boats stood down to avoid an escalation.

Persons: — Organizations: Coast Guard, Service, Taiwan's Coast Guard, Business Locations: China, Taiwan

☆ I'm the son of a billionaire who forged my own career path
▼ + stars: | 2024-07-03 | by ( Jane Zhang | ) www.businessinsider.com time to read: +9 min

And if you're not going to do a job, don't do a job." AdvertisementThe next summer, I got a product management internship at a startup called Travelnuts, which I liked. At a certain point, maybe I'll plateau or stop progressing, and I'll have to choose to stop because I'm just not good enough. I'm 29 now, so the idea that in about five years, I'm supposed to roughly know my trajectory kind of haunts me. I'm pretty confident in my comedy, so I'm full speed ahead on being a comedian.

Persons: Pete Ballmer, Steve Ballmer, would've, Harry Potter, he'd, I'd, I'm, I've, wouldn't, Jane Zhang Organizations: PCWorld Magazine, Business, Stanford, Zynga, Friends Locations: San Francisco, TripIt, Farmville, Expedia, Bay, janezhang@businessinsider.com

☆ What’s at stake for the climate if Trump wins? ‘A catastrophic outcome’
▼ + stars: | 2024-07-03 | by ( Ella Nilsen | ) edition.cnn.com time to read: +12 min

CNN —In the first week of a new Trump administration, President Joe Biden’s climate wins would get put through the shredder. “He has said he’s going to come back with a vengeance,” former US special climate envoy John Kerry told CNN. He has railed against Biden’s climate policies at rallies and derided clean energy, vowing to push America back to fossil fuels. He has openly courted the oil industry at fundraising events, the Washington Post reported, promising regulation rollbacks in exchange for campaign cash. It could happen “very fast,” said David Bernhardt, who served as Interior Secretary in the Trump administration.

Persons: Trump, Joe Biden’s, nix, ”, John Kerry, it’s, “, Joe Biden, ” Trump, Karoline Leavitt, Leavitt, Anna Moneymaker, ” Mandy Gunasekara, David Bernhardt, Bernhardt, Biden, Trump’s, Sarah Palin, ’ pocketbooks, Diana Furchtgott, Roth, Gavin Newsom, ” Newsom, “ We’re, Newsome, David Paul Morris, John Bozzella, Bozzella, ” Bozzella, he’s, ” Bob McNally, George W, Bush, Scott Olson, –, ” Bernhardt, McNally, ” McNally, ’ Trump, Nate Hultman, Frederic J . Brown, haven’t, Kerry, ” Kerry, CNN’s Alayna Treene, Bill Weir, Julian Quinones Organizations: CNN, Trump, Washington Post, White, Environmental, Agency, EVs, Environmental Protection Agency, Republicans, Treasury Department, Former Trump Department of Transportation, Heritage Foundation, California Gov, Bloomberg, Alliance, Automotive Innovation, Biden, Fox News, Energy, Rapidan Energy Group, Bush White House, US Energy Information Administration, Trump Interior, Trump’s, Center for Global Sustainability, University of Maryland, State Department, Getty, United Nations Locations: Alaska, Paris, United States, Philadelphia, California, Washington ,, San Francisco, CNN California, Montebello , California, AFP

☆ Trump wants to be a 'pro-growth, pro-innovation' president, says Rep. French Hill
▼ + stars: | 2024-07-03 | 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 wants to be a 'pro-growth, pro-innovation' president, says Rep. French HillHouse Financial Services Committee vice chairman and Digital Assets Committee chairman Rep. French Hill (R-Ark.) joins 'Squawk Box' to discuss potential regulation in the crypto space and more.

Persons: Email Trump Organizations: Email, Financial, Digital Assets

☆ The British Election
▼ + stars: | 2024-07-03 | by ( Mark Landler | ) www.nytimes.com time to read: +1 min

But Britain is likely to emerge from the election as an outlier. While the electorates in other countries are shifting to the right, British voters are expected to evict the Conservative-led government after 14 years, in favor of the center-left Labour Party. In today’s newsletter, I’ll explain why Britain is zigging while others are zagging. It included harsh budget cuts after the financial crisis of 2008, the Brexit vote of 2016, the Covid pandemic and a revolving door of prime ministers. Liz Truss lasted less than 50 days after the financial markets turned savagely against her proposed tax cuts.

Persons: Nigel Farage, David Cameron, Boris Johnson, Liz Truss, Rishi Sunak Organizations: Conservative, Labour Party Locations: Europe, Americas, Britain

☆ Opinion: Will Britain’s widely expected next Labour prime minister, Keir Starmer, be the heir to Tony Blair?
▼ + stars: | 2024-07-03 | by ( Opinion Philip Collins | ) edition.cnn.com time to read: +7 min

In its 118 years of existence, the Labour Party has been in power for only 33 years. Since the Second World War, Labour has had only three election winners — Clement Attlee, Harold Wilson and Tony Blair. Newly elected British Prime Minister Tony Blair is greeted by a sea of well-wishers in Downing Street, on May 2, 1997. Rebecca Naden/PA/APIn 1997 Tony Blair had been leader of the Labour Party for three years and had never been behind in the opinion polls. Britain's current Labour leader, Keir Starmer with former Labour leaders and prime ministers Tony Blair and Gordon Brown during a reception for King Charles III, in September 2022.

Persons: Philip Collins, Tony Blair, Read, CNN —, — Clement Attlee, Harold Wilson, Sir Keir Starmer, Tony Blair’s, Margaret Thatcher, Boris Johnson, Blair, Adam Butler, Noel Gallagher, Rebecca Naden, Neil Kinnock, John Smith, Philip Collins Starmer, Kinnock, Smith, Starmer, Jeremy Corbyn, Boris Johnson’s, Keir Starmer, Gordon Brown, King Charles III, Brown, Blair's, Kirsty O'Connor, Bury, – Organizations: CNN, CNN — Britain’s Labour Party, Labour Party, Labour, Conservative Party, Conservative, Conservatives, British, Blair's Labour Party, British Prime, Oasis, New Labour, Boris Johnson’s Conservative Party, Getty, Bury, Twitter, Facebook Locations: British, Downing, Bury, England –, Britain

☆ The Wide, Wide World of Judy Chicago
▼ + stars: | 2024-07-03 | by ( Emily Labarge | ) www.nytimes.com time to read: +1 min

Like all women and all art, Judy Chicago contains multitudes. Across venues in Britain and France, six decades of Chicago’s distinctly feminist oeuvre show a remarkable range. Minimalist sculptures; psychedelic spray-painted car hoods; landscapes billowing with bright plumes of smoke; and paintings of swirling, hallucinatory flowers fill the galleries with Chicago’s hallmark bright colors and undulating line. Many works incorporate personal texts in tidy, looping cursive about gendered rejection, shame, longing and anger. These works foreground the female nude, its life-giving properties and implicit connection to the natural world.

Persons: Judy Chicago, — Locations: Britain, France

☆ AI resurrects deceased actors’ voices to read audiobooks
▼ + stars: | 2024-07-03 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +4 min

Earlier this week, AI company ElevenLabs said it is bringing digitally produced celebrity voice-overs of deceased actors, including Garland, James Dean and Burt Reynolds, to its newly launched Reader app. “We deeply respect their legacy and are honored to have their voices as part of our platform,” said Dustin Blank, head of partnerships at ElevenLabs. The AI is trained on old recordings and those recordings are under copyright. It’s not unlike a company negotiating a copyright deal to use a popular song by Queen in an ad. It’s unclear, however, how AI versions of well-known voices will be received by mass audiences and if it will raise concerns around authenticity.

Persons: Judy Garland, Oz, you’ll, ElevenLabs, Garland, James Dean, Burt Reynolds, ”, Dustin Blank, Joe Biden, OpenAI, Scarlett Johansson’s, ” Johansson, David Gunkel, “, Queen, they’re, ” Bern Elliot, Al Michaels, Michaels, Gunkel Organizations: CNN, Hollywood, New, Northern Illinois University, Gartner, Media, NBC Locations: ElevenLabs

☆ Where did all the lifeguards go?
▼ + stars: | 2024-07-03 | by ( Kelli María Korducki | ) www.businessinsider.com time to read: +11 min

My girlfriends, a year or two older, were most interested in catching the eye of the male lifeguards. The swim disparities also influenced the scope of a lifeguard's job. While the lack of qualified lifeguards may partly stem from this problem, getting more lifeguards on stands could turn things around. As we enter our fourth year without enough lifeguards, it's hard to imagine them retaking the podium as the cultural idol of American summer. When more cities prioritize safe water access for the masses — and pay lifeguards accordingly — the mighty lifeguard just may rise again.

Persons: Marco Polo, I'd, fawning, Wyatt Werneth, Werneth, —, Jessi Adler, Adler, hasn't, lifeguarding, Jason Russell, it's, Russell, Jeff Wiltse, Wiltse, KENA BETANCUR, Suburbanites Organizations: American Lifeguard Association, Getty, Lyndon, Johnson, SUNY Empire State, World, Association, American, of Public Health, New, Civil Rights Movement, Employers Locations: Milwaukee, America, Southern California, Michigan, Central Texas, Canada, New York City, Chicago, Denver, Baltimore, San Antonio

☆ Worried about Nvidia? This stock offers clues about when AI will go mainstream, Scotiabank says
▼ + stars: | 2024-07-03 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

NVDA 1Y line Large cloud computing firms, such as Microsoft , Amazon and Google , have bought billions of dollars worth of AI chips from Nvidia over the past two years. Investors now want to know whether these Big Tech giants will be able to make a return on their investment — a precursor for further spending on AI chips. However, "tentative" signs have started to emerge that spending on AI chips may be spurring investment in the broader economy, Capital Economics said. CGI Inc For clues as to how quickly AI technologies are being adopted, Scotiabank highlighted CGI , a Canadian multinational IT firm that helps companies introduce AI into their business models and operations. The Scotiabank analyst believes that as large companies prepare to start AI spending, CGI is set to benefit and capture any future growth.

Persons: Shant, Neil Shearing, Shearing, Divya Goyal, Goyal, GIB Organizations: Nvidia, Microsoft, Google, Investors, Big Tech, Jennison Associates, Capital Economics, Economics, Scotiabank Locations: Britain, U.S, Canadian, Canada, New York

☆ Kings Battle for a Millennium-Old Throne in Nigeria
▼ + stars: | 2024-07-03 | by ( Ruth Maclean | Ismail Auwal | ) www.nytimes.com time to read: 1 min

One king has been barricaded in the palace, protected from potential usurpers by hundreds of subjects armed with sticks and machetes. Another king, evicted from the same palace in May, is living in an annex down the road, dispatching lawyers to courthouses in an attempt to regain the throne. The battle unfolding for the emirate of Kano — one of West Africa’s oldest and most revered kingdoms — is not just a struggle for an ancient throne, but also part of a wider contest for control over the most populous state in Africa’s most populous country. The emirs of Kano once had absolute power, ruling over their subjects from the intricately decorated palace in the city of Kano, an ancient commercial hub just south of the Sahara.

Persons: Kano —, Kano Locations: Kano, West Africa’s, Africa’s

☆ Hurricane Beryl breaks records in devastating path across the Caribbean
▼ + stars: | 2024-07-03 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

Brad Reinhart, Senior Hurricane Specialist at the National Hurricane Center, works on tracking Hurricane Beryl, the first hurricane of the 2024 season, at the National Hurricane Center on July 01, 2024 in Miami, Florida. Hurricane Beryl has been declared the strongest-ever hurricane in July, breaking the latest in a series of records as it causes widespread destruction in the Caribbean. On Monday, Beryl was declared a Category 5 hurricane — the highest rating on the SAFFIR-SIMPSON Hurricane Scale, declared when winds top 155 miles per hour. The National Oceanic and Atmospheric Administration (NOAA) previously forecast an 85% chance of an "above-normal" 2024 hurricane season in the Atlantic. Four to seven of these are projected as likely to develop into major hurricanes, compared with an average of three.

Persons: Brad Reinhart, Hurricane Beryl, Beryl, El Organizations: National Hurricane Center, Atmospheric Administration, NOAA, Southern Locations: Miami , Florida, Hurricane, Caribbean

☆ Popular weight loss and diabetes drugs linked to increased risk of rare form of blindness
▼ + stars: | 2024-07-03 | by ( Deidre Mcphillips | ) edition.cnn.com time to read: +6 min

CNN —People who take Ozempic or Wegovy may have a higher risk of developing a rare form of blindness, a new study suggests. The condition is relatively rare — up to 10 out of 100,000 people in the general population may experience it — but the doctors noted three cases in one week, and each of those patients was taking semaglutide medications. The risk was found to be greatest within the first year of receiving a prescription for semaglutide. Semaglutide prescriptions have soared in the US, which could raise the number of people at risk for a potential side effect. But the large number of people who are taking semaglutide should raise confidence that the absolute risk of developing NAION as a result is rare.

Persons: ”, Joseph Rizzo, ” Susan Mollan, Disha, Dr, Sanjay Gupta, Chanapa, Andrew Lee, ” Narang Organizations: CNN —, Mass, Novo Nordisk, CNN, Harvard Medical School, ”, University Hospitals Birmingham, Endeavor Health, CNN Health, US Food and Drug Administration, FDA, American Academy of Ophthalmology, Houston Methodist Hospital Locations: Chicago

☆ Why the Price of Wood and Lumber Keeps Changing
▼ + stars: | 2024-07-03 | by ( Emily Stewart | ) www.businessinsider.com time to read: +10 min

And then there was lumber mania, when lumber prices soared to records. After peaking in spring 2021, lumber prices briefly collapsed before jumping back up to $1,400 in early 2022. Paul Jannke, a principal at Forest Economic Advisors, said this housing-market malaise is a big problem for the lumber industry. While those in the lumber industry may not be having a fantastic time, if you're in the market for lumber, it's a good time to buy. Jannke said that while the lower lumber prices hadn't resulted in lower housing costs, "homebuilder margins are at or near record levels."

Persons: Stinson Dean, Deacon Lumber, they've, Dustin Jalbert, RISI, Jalbert, they're, Paul Jannke, Jannke, It's, Dean, Robert Dietz, They've, Dietz, They're, Emily Stewart Organizations: Federal, Forest Economic Advisors, Housing, National Association of Home Builders, Business Locations: British Columbia, China, Canada

☆ AI data centers could add 3 New York Cities of demand to the power grid in 2 years
▼ + stars: | 2024-07-03 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +6 min

So far, the only part of Earth AI seems hell-bent on dominating is the power grid. AI data centers are doubling the pace of electricity demand growth in the US to the extent that demand could exceed supply in just two years without action, according to Bernstein Research. The potential shortfall could mean higher prices for the computing power AI developers of all sizes are clamoring for, along with ample opportunity for investors willing to build up supply. How are AI companies planning aheadIt's not just the total power needed for AI computing infrastructure, it's the unique cadence of the power need and the cooling AI chips require. Amazon is clearing some of these hurdles by colocating some data centers with nuclear power sites.

Persons: —, that's, catchup, Bernstein, Jensen Huang, Huang, Agrawal, we're, Andrew Feldman, Feldman Organizations: Service, Bernstein Research, Business, Nvidia, Vertiv, Lambda, Cerebras Systems Locations: UAE, South Africa, Kenya, Nigeria, Egypt, Iceland

☆ It took a messy school bus stabbing for China to finally do something about extreme nationalism on social media
▼ + stars: | 2024-07-03 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Read previewIt's no secret that people on Chinese social media dislike Japan. A whirlwind of emotion and debate ensued on social media. As the two narratives intertwined, Chinese social media companies intervened in lockstep. AdvertisementThough China's social media is heavily moderated, anti-Japanese rhetoric has been one of several popular nationalistic sentiments allowed to flourish in recent years. But social media firms in the country react sensitively to what the state deems acceptable, often simultaneously issuing announcements about undesirable posts.

Persons: —, stoked, Hu Youping, Zhou, he'd, Hu, Douyin, Nancy Pelosi's, Lifeng Organizations: Service, Business, Tech, Facebook, Twitter, China Morning Post Locations: Japan, Nanking, Suzhou, lockstep, Japanese, Weibo, Taiwan, China, Tokyo, China's Jiangsu

☆ A new twist in Apple's deal with OpenAI
▼ + stars: | 2024-07-03 | by ( Erin Snodgrass | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +1 min

Apple gets an observer role on OpenAI's board as part of the companies' partnership, per Bloomberg. The arrangement raises Apple to Microsoft's level within the AI startup, according to the outlet. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Users who prefer not to use ChatGT will be able to opt-out of the features, Business Insider previously reported. This story is available exclusively to Business Insider subscribers.

Persons: Phil Schiller, —, Apple Organizations: Apple, Bloomberg, Service, Microsoft, Business

☆ Treasury yield little changed ahead of key economic data, Fed meeting minutes
▼ + stars: | 2024-07-03 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the yield on the 10-year Treasury was up by less than one basis point to 4.4375%. The 2-year Treasury yield was last at 4.7538% after rising by over one basis point. U.S. Treasury yields held steady on Wednesday as investors looked ahead to key data and digested remarks from Federal Reserve Chairman Jerome Powell. Recent inflation readings indicated that "we are getting back on the disinflationary path," he said. The figures could be a further hint about whether the economy is cooling, and therefore what the path ahead for interest rates could look like.

Persons: Jerome Powell, Powell Organizations: Treasury, Federal, Fed

The administration and other Western governments are scrambling to keep up with the mounting danger ISIS-K poses. Before this year, U.S. and other Western officials believed ISIS-K had the intent but not the ability to orchestrate attacks abroad. It was the deadliest terrorist attack in Europe since 2004. ISIS-K also launched a major attack in Iran this year that killed dozens, and other plots were disrupted in Europe. The Taliban sees ISIS-K as a threat to its rule and has launched a series of attacks on the group.

Organizations: Biden, U.S ., Moscow's, Moscow's Crocus City Hall, ISIS, Embassy, Taliban, White House National Security Council Locations: Kabul, Afghanistan, U.S, Moscow's Crocus, Europe, Iran, Africa, Khorasan, Washington, United States, Doha

☆ Biden is isolated and insulated by a team of top aides who strictly control the advice he's given, per Politico
▼ + stars: | 2024-07-03 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

A senior administration official told Politico: "He doesn't take advice from anyone other than those few top aides, and it becomes a perfect storm because he just gets more and more isolated from their efforts to control it." One source close to Biden's campaign told Politico: "If I'm talking to Anita, and I say, 'what about X?' Related storiesA senior administration official Politico spoke to also accused Biden of being unpleasant to be around when he's being briefed. Advertisement"It's like, 'You can't include that, that will set him off,' or 'Put that in, he likes that,'" the official told Politico. "I think he has misplaced trust in these three people, and I believe he has from the inception," Morgan told Politico.

Persons: —, Joe Biden's, White, Biden, Anita Dunn, Bob Bauer, Ron Klain, Anita, he's, John Morgan, Morgan, Biden didn't Organizations: Service, White House, Politico, Business, Democratic, Business Insider

☆ We're taking profits in this beer maker and buying more of our newest stock
▼ + stars: | 2024-07-03 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Constellation Brands shares are getting a boost in pre-market trading Wednesday after reporting its first-quarter results. As we called out in our initial trade alert, Nextracker is a highly volatile name that is sensitive to interest rates and government policy. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Jim Cramer's, We've, Donald Trump, Jim Cramer, Jim Organizations: Constellation Brands, NXT, Constellation Beer, Susquehanna, Meta, Microsoft, Google, Jim Cramer's Charitable, CNBC Locations: Nextracker, United States

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