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☆ China’s newest nuclear-powered submarine sank earlier this year, US official says
▼ + stars: | 2024-09-26 | by ( Oren Liebermann | Paul P. Murphy | ) edition.cnn.com time to read: +3 min

CNN —China’s newest nuclear-powered submarine sank pierside in the spring and the Chinese Navy tried to conceal the loss, according to two US defense officials. The attack submarine was the first of its new Zhou-class line of vessels, the official said, under construction at a shipyard near the city of Wuhan. “It’s not surprising that the PLA Navy would try to conceal the fact that their new first-in-class nuclear-powered attack submarine sank pierside,” said the senior US defense official. According to the latest China military power report from 2023, the PLA Navy operates six nuclear-powered ballistic missile submarines, six nuclear-powered attack submarines, and 48 diesel-powered attack submarines. The PLA Navy has 370 platforms, which includes 234 warships, according to CRS, while the US has 219 warships.

Persons: The Zhou, Zhou, It’s, ”, Tom Shugart, “ I’ve, ” Shugart, Shugart Organizations: CNN, Chinese Navy, Maxar Technologies, PLA Navy, Center, New, New American Security, People’s Liberation Army, PLA ) Navy, US Navy, Street Journal, Congressional Research Service, Navy, CRS Locations: Wuhan, The, New American, Beijing, United States, China, Washington ,

☆ I was too stressed to enjoy my quiet vacation until I made on key change. I came home feeling happy and relaxed.
▼ + stars: | 2024-09-26 | by ( Robin Madell | ) www.businessinsider.com time to read: +7 min

AdvertisementOn the first day of my quiet vacation, I had great luck with the timing. After that incident, I was so anxious about getting caught while quiet vacationing during work hours that I changed my approach. AdvertisementMy trip turned from quiet vacationing to a workcation with reduced working hours — but it was still very worth it. I told my job I was in ItalyWhen I first went on my quiet vacation, I tried to keep it secret. It just feels so much better to do the work first and then enjoy your vacation to the maximum.

Persons: Holly Andrews, —, I'd, It's, Tess Martinelli Organizations: Service, Italy — Locations: Italy, Newport , United Kingdom, Bari, Bari Castle, tmartinelli

☆ Costco says its $1.50 hot dogs and $4.99 chickens are helping members stomach the annual fee increase
▼ + stars: | 2024-09-26 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

Costco says it hasn't seen a meaningful drop in sign-ups or renewals after the member fee increase was announced. "We've stayed true to our principles of really trying to help the member and deliver the value," he said. AdvertisementCostco says members have largely shrugged off the latest fee increase. Millerchip also noted that Costco delayed the fee increase by about two years compared with its typical average cycle, due to the impacts on consumers from the pandemic and inflation. For the full fiscal year, membership fees totaled $4.8 billion, representing half the total operating income for the period, and the company expects the benefit from the fee increase to begin showing up in the next six to 12 months.

Persons: hasn't, Gary Millerchip, We've, —, Millerchip, There's, we've Organizations: Costco, Service Locations: Canada

☆ Benghazi ‘mastermind’ Ahmed Abu Khatallah resentenced to 28 years in prison
▼ + stars: | 2024-09-26 | by ( Devan Cole | ) edition.cnn.com time to read: +5 min

Washington CNN —Ahmed Abu Khatallah, the Libyan militia leader convicted for his role in the deadly 2012 terrorist attack on the US consulate in Benghazi, was resentenced Thursday to 28 years in prison, despite federal prosecutors seeking at least 60 years to life. Khatallah was present at the hearing, sitting silently at the defense table in a white prison jumpsuit and a long white beard. He listened to the proceedings through a pair of interpreters, but did not address the court at any point. The judge also sentenced Khatallah to 10 years for the fourth crime and ordered him to serve that time after completing the 12-year sentence. The judge maintained the 10-year sentence for the fourth crime, which Khatallah will serve following the first 18 years.

Persons: Washington CNN — Ahmed Abu Khatallah, Christopher Cooper, Khatallah, Cooper, ” “, ”, Glen Doherty, ” Greg Doherty, Cooper’s, “, John Crabb, ” Jeffrey Robinson, J, Christopher Stevens, Sean Smith, Tyrone Woods, Doherty, Barack Obama, Hillary Clinton, Clinton, CNN’s Laura Koran Organizations: Washington CNN, Justice Department, DC, White House Locations: Benghazi, Washington , DC, Libya, America

☆ How we're thinking about 7 portfolio stocks with ties to OpenAI after its latest shakeup
▼ + stars: | 2024-09-26 | by ( Morgan Chittum | ) www.cnbc.com time to read: +11 min

We're taking a keen interest because several stocks in the Club portfolio have ties to the startup behind ChatGPT. Co-founder Ilya Sutskever, who had been chief scientist, also left earlier this year and launched a new AI startup. Microsoft Microsoft got the first-mover advantage among big tech firms because of its early investment in OpenAI. As of now, we still haven't heard much about Lilly's exact plan to utilize OpenAI's technology. OpenAI CEO Sam Altman speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024.

Persons: OpenAI, Sam Altman's, There's, Mira Murati, she's, Bob McGrew, Barret Zoph, Altman, Ilya Sutskever, it's, here's, ChatGPT, Jim Cramer, Jim, That's, —, OpenAI's, Jensen Huang, Nikesh Arora, Morgan Stanley Morgan Stanley, Morgan, Eli Lilly Eli Lilly, Eli Lilly's, Einstein, Marc Benioff, Jim Cramer's, Sam Altman, Jason Redmond Organizations: Club, Microsoft, Nvidia, Reuters, CNBC, Apple Intelligence, Apple, Bloomberg News, Street, Microsoft Microsoft, Blackwell, Palo, Palo Alto Networks, Employees, OpenAI, Barclays, Jim Cramer's Charitable, AFP, Getty Locations: OpenAI, Redmond, Washington, Palo Alto, Redmond , Washington

☆ I was too stressed out to enjoy my quiet vacation — until I changed my approach
▼ + stars: | 2024-09-26 | by ( Robin Madell | ) www.businessinsider.com time to read: +7 min

Persons: —, Holly Andrews, I'd, It's, Tess Martinelli Organizations: Service, Business, Italy — Locations: Newport , United Kingdom, Bari, Italy, Bari Castle, tmartinelli

☆ Sam Altman tells OpenAI staff there's no plan for him to receive 'giant equity stake' in company
▼ + stars: | 2024-09-26 | by ( Hayden Field | ) www.cnbc.com time to read: +4 min

In this photo illustration, the OpenAI logo is displayed on a mobile phone screen with a photo of Sam Altman, CEO of OpenAI. At an all-hands meeting on Thursday, OpenAI CEO Sam Altman denied that there are plans for him to receive a "giant equity stake" in the company, calling that information "just not true," according to a person who was in attendance. Regarding his potentially attaining an equity stake, Altman said, "There are no current plans here," the person said. Altman said the departures were not related to the company's potential restructuring, contrary to some media reports. Days later, Altman was back at the company and Murati moved from interim CEO back to the role of CTO.

Persons: Sam Altman, Altman, Sarah Friar, Bret Taylor, Sam, Taylor, Mira Murati, Bob McGrew, Barret Zoph, Murati, OpenAI, Ilya Sutskever, Jan Leike, John Schulman, Anthropic, it's Organizations: OpenAI, CNBC, Italian Tech, Microsoft, Tiger Global Locations: Turin, Italy

☆ I tried 6 different brands of syrup from the grocery store. It's worth paying a little extra for the big names.
▼ + stars: | 2024-09-26 | by ( Paige Bennett | ) www.businessinsider.com time to read: +1 min

I tried store-bought pancake syrup from six brands to see which provided the best taste and value. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementI've never given much thought to the different varieties of pancake syrup at the grocery store — I typically grab whatever's on sale. For baking, I only use real maple syrup made without high-fructose corn syrup or corn syrup. But pancake syrup definitely has its place on the breakfast table.

Persons: —, I've Organizations: Pearl Milling Company, Service, Business

☆ Shohei Ohtani’s record-setting 50-50 ball is up for auction – and can be purchased for $4.5M
▼ + stars: | 2024-09-26 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +3 min

CNN —The ball that made Shohei Ohtani the inaugural member of the 50-50 club and placed him firmly in the history books (again) is up for sale – and could be yours for a mere $4.5 million. The outing was the first three-homer game as well as the first 10-RBI game of Ohtani’s career. The ball from the game is now going up for auction, with bids starting at $500,000 – but keen collectors can purchase it privately for $4.5 million. Two-time AL MVP Ohtani is the first and only member of the impressive 50-50 club – though some fans are hoping he could make it to 60-60. Ohtani has since extended his mark to 53 home runs and 56 stolen bases, with four games of the regular season remaining.

Persons: Mark McGwire’s, auctioneers Goldin, “, ” Auctioneers, ” Ken Goldin, Goldin, ” Goldin, Ohtani, Dave Roberts, ” Roberts, Ronald Acuña Jr, Alex Rodriguez Organizations: CNN, Los Angeles Dodgers, Miami Marlins, Dodgers, Miami, Los Angeles Angels, ESPN, Atlanta Braves, Seattle Mariners Locations: Miami

☆ OpenAI CFO tells investors funding round should close by next week despite executive departures
▼ + stars: | 2024-09-26 | by ( Kate Rooney | ) www.cnbc.com time to read: +2 min

OpenAI CFO Sarah Friar is looking to reassure its investors that the richly valued artificial intelligence startup is still in a strong position and is poised to close a big funding round soon, despite losing top talent this week. In an email to OpenAI's investors seen by CNBC, Friar addressed the departure of Chief Technology Officer Mira Murati, who announced her departure on Wednesday. "I wanted to personally reach out following the news of Mira's departure from OpenAI," Friar wrote in the letter, which was viewed by CNBC. Friar said in the email that the funding round was oversubscribed and would close by next week. "Collectively, we remain laser-focused on bringing AI to everyone and building sustainable revenue models that fuel our operations and deliver value to our investors and employees," Friar wrote.

Persons: Sarah Friar, Friar, Mira Murati, Sam Altman, Bob McGrew, Barret Zoph, she's, OpenAI, Altman, Murati Organizations: CNBC, Microsoft, Apple Locations: OpenAI, San Francisco

☆ Sea robins are fish that use their legs to ‘taste’ the seafloor
▼ + stars: | 2024-09-26 | by ( Ashley Strickland | ) edition.cnn.com time to read: +8 min

CNN —Some types of sea robins, a peculiar bottom-dwelling ocean fish, use taste bud-covered legs to sense and dig up prey along the seafloor, according to new research. A species of sea robins called Prionotus carolinus studied by the researchers used their legs for walking, digging and sensing the seafloor. And the fish that lacked sensory capabilities and used their legs mainly for walking were striped sea robins, or Prionotus evolans. The digging sea robins had shovel-shaped legs that were covered in protrusions called papillae, which are similar to the taste buds on our tongues. Both researchers said they are keen to uncover the exact mechanisms behind the evolution of the sea robins’ sensory appendages.

Persons: David Kingsley, Kingsley, Rudy J, Daphne Donohue Munzer, ” Kingsley, “ I’d, Mike Jones, Amy Herbert, “, ” Herbert, Herbert, Corey Allard, ’ ” Allard, Nick Bellono, ” Bellono, carolinus, ” Allard, Tbx3, Jason Ramsay, Ramsay, Anik, ” Ramsay Organizations: CNN, Marine Biological, Stanford University’s School of Medicine, Stanford, Harvard University, Rhode Island College, Harvard, University of Chicago Locations: Woods Hole , Massachusetts, Harvard, New England

☆ Microsoft just punted on a big AI decision. It could be a bad sign.
▼ + stars: | 2024-09-26 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +5 min

Read previewMicrosoft has pressed pause on a major AI overhaul of its popular 365 software suite, according to people familiar with the matter. CEO Satya Nadella and his senior leadership team held executive reviews this summer to consider options that included repackaging new AI features into existing licenses or creating a more expensive bundle with AI capabilities. Other changes Microsoft is considering for its 365 software bundles is a new suite just for security features, the people also said. In recent months, some customers and investors have begun to question the value of generative AI technology, including Microsoft's Copilot AI assistant tool. That's in addition to the monthly cost of Microsoft's 365 software bundles.

Persons: —, Satya Nadella, OpenAI's, It's, Judson Althoff Organizations: Service, Business, Microsoft, Chief, Vodafone, Amgen, Microsoft's Productivity, Processes

☆ Southwest will never be the same again
▼ + stars: | 2024-09-26 | by ( Taylor Rains | ) www.businessinsider.com time to read: +6 min

Both regular and enhanced seats will be available for selection at booking, starting in 2025 for flights in early 2026, Southwest said. Southwest AirlinesSouthwest has already announced an improved cabin with tablet holders, charging ports, upgraded overhead bins, and better WiFi. The cabin improvements come as Southwest plans to cut some short-haul flying in favor of more lucrative long-haul operations. Southwest left four airports altogether in August: Bellingham International Airport in Washington, Mexico's Cozumel International Airport, Houston's George Bush Intercontinental Airport, and Syracuse Hancock International Airport in New York. This means Icelandair passengers can connect in the US on Southwest flights, and vice versa.

Persons: —, Chicago's O'Hare, Houston's George, Icelandair Organizations: Service, Southwest Airlines, Business, Southwest, Southwest Airlines Southwest, Delta Air Lines, Bellingham International Airport, Houston's George Bush Intercontinental Airport, Syracuse Hancock International, Washington International Locations: Southwest, Atlanta, Bellingham, Washington, Cozumel, New York, Nashville, Baltimore

☆ Nvidia's days of absolute dominance in AI could be numbered because of this key performance benchmark
▼ + stars: | 2024-09-26 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +7 min

Liang told Business Insider he expects 90% of AI computing workloads will be in inference in the not-too-distant future. AdvertisementThat's why several startups are charging aggressively into the inference market — emphasizing where they might outperform the goliath in the space. Speed is an important factor when multiple AI models talk to each other and waiting for an answer can dampen the magic of generative AI. The number of tokens per second that can be consumed (when a prompt goes in) and generated (when a response comes out) is a common metric for AI computing speed. AdvertisementCerebras's AI chip is roughly size of a dinner plate.

Persons: —, Rodrigo Liang, Colleen Kress, workloads, Liang, Andrew Feldman, Bernstein, Colette Kress, Kress, Nvidia's, SambaNova, Anthropic's Claude, Nvidia isn't, Jensen, Dylan Patel, Patel Organizations: Service, Business, SambaNova Systems, Nvidia, ARM, AMD, o1, BI Locations: Artificialanalysis.ai, TCO

6 Indiana Fever were defeated 87-81 in Game 2 by the third-seeded Sun to complete the best-of-three series sweep. Clark – who was named the unanimous AP WNBA Rookie of the Year on Sunday – led all scorers with 25 points and also had nine assists and six rebounds. Diana Taurasi plays what could be her last ever game as Lynx eliminate MercuryDiana Taurasi might have played her last ever WNBA game. She is a former MVP, three-time WNBA champion, six-time EuroLeague champion, six-time Olympic champion, 11-time WNBA All-Star and is widely considered to be one of the best women’s basketball players ever. She tied the WNBA playoff game scoring record with 42 points on 70% shooting, also recording five rebounds, four assists and two blocks.

Persons: Caitlin Clark’s, Clark –, –, ” Clark, “, ”, Clark, DiJonai Carrington, Jessica Hill, Boston, DeWanna Bonner –, Alyssa Thomas, Diana Taurasi, Napheesa Collier, Taurasi, that’s, Stephen Maturen, Griner, Natasha Cloud, Collier Organizations: CNN, Connecticut Sun, Minnesota Lynx, Indiana Fever, AP WNBA, WNBA, Indiana, Sun, Connecticut, Lynx, Phoenix Mercury, Target Center, Mercury, Las Vegas Aces, New York Liberty Locations: Iowa, South Carolina, Connecticut, Minnesota

☆ Survey: 73% of Amazon workers are considering quitting after 5-day in-office mandate
▼ + stars: | 2024-09-26 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Amazon workers have until January before they'll be expected in corporate offices five days a week, but some aren't expecting to stick around that long. In a recent survey of 2,585 Amazon employees on anonymous job review site Blind, 73% said they are considering looking for a new job following CEO Andy Jassy's recent memo announcing a full-time return-to-office. Further, 80% of the Amazon professionals polled reported that they know of a colleague considering looking for another job because of the announcement. Another survey from Glassdoor finds that 74% of Amazon workers are "rethinking" the future of their careers, whether at the tech giant or elsewhere. Amazon workers are "strongly dissatisfied" with the policy change, according to an anonymous survey created by employees, reported by Fortune.

Persons: they'll, Andy Jassy's, Jassy, we've Organizations: Slack, Amazon, CNBC

☆ From passion to profit: OpenAI's latest shakeup shows the AI race is about who has the deepest pockets
▼ + stars: | 2024-09-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Altman could reportedly receive a 7% equity stake, which would be worth about $10.5 billion at OpenAI's new valuation. In March, The New York Times reported Murati raised concerns about Altman's leadership style to the board before the ouster. Barret Zoph, the company's vice president of research, and Bob McGrew, OpenAI's chief research officer, are also departing the startup, Altman announced on X . "I obviously won't pretend it's natural for this one to be so abrupt, but we are not a normal company," Altman wrote.

Persons: —, Sam Altman, Altman, Mira Murati, Slack, Murati, Barret Zoph, Bob McGrew, Joel Saget, Jenny Chang, Rodriguez, Meta —, it's, Elon Musk's, OpenAI Organizations: Service, Business, Employees, The New York Times, Lakshmi, OpenAI's, Meta, Reuters, Anthropic Locations: OpenAI, Lakshmi Varanasi

☆ Judge to consider ‘Rust’ armorer’s motion to be released from detention in light of Alec Baldwin’s case
▼ + stars: | 2024-09-26 | by ( Eric Levenson | ) edition.cnn.com time to read: +3 min

CNN —A New Mexico judge on Thursday is set to consider the “Rust” movie armorer’s motion to be released from prison, months after similar charges against actor Alec Baldwin were dismissed due to prosecutorial misconduct. At her trial, prosecutors argued she repeatedly violated safety protocol and was negligent in performing her duties, allowing six live rounds on to the set. Her defense attorney argued she was scapegoated for the safety failures of film set management and other crew members. But just days after his trial began, Judge Mary Marlowe Sommer threw out the charges and ruled prosecutors did not properly turn over evidence to the defense. The judge called the withholding of evidence “intentional and deliberate” and dismissed the case with prejudice, meaning it cannot be brought again.

Persons: Alec Baldwin, Hannah Gutierrez Reed, ” Gutierrez Reed’s, Kari Morrissey, “, Gutierrez Reed’s, Halyna Hutchins, Baldwin, Hutchins, Brandon Lee, Gutierrez Reed, armorer, Mary Marlowe Sommer, Alex Spiro, David Halls Organizations: CNN Locations: New Mexico

☆ Why Millennials and Gen Z Are Tracking Their Parents' Phones
▼ + stars: | 2024-09-26 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +12 min

While parents have used location-tracking apps to keep an eye on their kids since the tech was invented, millennials and Gen Zers are now turning the all-seeing eye onto their parents. The kids who grew up with extra watchful parents are now carefully eyeing their parents' every move. While phones lacked tracking technology when Shafer was younger, her parents set hard limits on which hours she could use her first cellphone and whom she could contact. She described her mom and dad's parenting style as "very typical of overbearing parents, especially immigrant parents." And more parents are tracking their kids in college to help quell their anxiety about the separation.

Persons: Sherry Howard, Howard, —, TikTok, Zers, Gen Zers, Kacy Shafer, Shafer, Stephiney Foley, Foley, Kelley Roebuck, Cousin Erica's, Roebuck, y'all, Gabrielle Lask, Lask, didn't, Dr, Kanchi Wijesekera, Julianne Goldfinger, Goldfinger, she's, I'm, Wijesekera, Joy Loverde, Loverde, they've, it's, Julia Pugachevsky Organizations: The New York Times, Pew, Business Locations: Ohio, Caribbean, West Virginia, New York, Shanghai, Smoky, Tennessee, Seattle, Florida, Illinois, California

Sharon Kim partnered with her oldest brother and his wife to purchase a home in the suburbs of New York City for around $750,000. Mickey Todiwala | CNBC Make ItKim and her brother weren't very close growing up, thanks to a seven-year age gap. Mickey Todiwala | CNBC Make ItThe increased down payment gave them the leverage they needed. Kim, her brother and his wife decided to complete the majority of renovations to the home themselves to cut down on costs. Mickey Todiwala | CNBC Make ItKim estimates they've spent around $40,000 on renovations so far.

Persons: Sharon Kim, Mickey Todiwala, Kim, weren't, homeownership, they've Organizations: CNBC, Parsons School of Design, YouTube, Parsons, Spotify, Amazon Prime, Apple Locations: New York City, Manhattan, Queens, New Jersey, South Korea

☆ CNBC Daily Open: Time to look at AI-adjacent plays
▼ + stars: | 2024-09-26 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The Stoxx Europe 600 Bank Index fell 0.73% as investors monitored UniCredit's potential merger with Commerzbank . Done selling NvidiaNvidia CEO Jensen Huang is done selling the company's stock for now. In March, Huang set out a plan to sell up to six million Nvidia shares by first quarter of 2025.

Persons: Jensen Huang, Huang, Meta Organizations: CNBC, Dow Jones, Nasdaq, Commerzbank, Google, Microsoft Google, European Commission, European Union, Microsoft, Nvidia, Bain & Company, Labs, Hewlett Packard Enterprise Locations: Europe

☆ Elusive orca group hunts dolphins off Chile, new images reveal
▼ + stars: | 2024-09-26 | by ( Mindy Weisberger | ) edition.cnn.com time to read: +8 min

The scientists had previously documented orcas (Orcinus orca) in the region chasing both dusky dolphins and long-beaked common dolphins (Delphinus capensis). Dusky dolphins measure about 7 feet (2 meters) long and weigh up to 187 pounds (85 kilograms). The Humboldt Current orcas weren’t eating dolphins exclusively; they hunted leatherback sea turtles, South American fur seals and Humboldt penguins, according to the study. But Humboldt Current orcas have a smaller white eye patch than known Type A orcas. A similar interaction was previously documented in Australia between an orca and a diver, but had never been observed in the Humboldt Current.

Persons: orcas, Luis Aguilar, CETALAB, Sarah Teman, ”, Teman, “, Ana Maria García Cegarra, Alexander von Humboldt, García Cegarra, ‘, García, ” Teman, Mindy Weisberger Organizations: CNN, Northern, Southern Hemisphere, Marine Science, Humboldt, of, Fishery Sciences, University of Washington, Alexander von Humboldt Institute of Natural Sciences, Chile’s University of Antofagasta, Research, Humboldt Penguin National Reserve, Hemisphere, International Union for, Chile’s Ministry of, Scientific Locations: Chile, South America, South, Antarctica, North America, Strait, Gibraltar, Scotland, Humboldt, Seattle, orcas, California, Argentina, New Zealand, Washington, British Columbia, Canada, American, Chilean Patagonia, Australia

☆ Here's what Micron's strong quarter and outlook can tell us about 8 of our portfolio stocks
▼ + stars: | 2024-09-26 | by ( Zev Fima | ) www.cnbc.com time to read: +4 min

What's good for memory chipmaker Micron Technology is good for stocks tied to data centers and AI-enabled consumer electronics — two tech trends with robust representation in the Club portfolio. The Micron pop led to broad-based early strength in semiconductor stocks and other tech names. Micron CEO Sanjay Mehrotra's post-earnings commentary on HBM demand was particularly striking. 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.

Persons: Sanjay Mehrotra's, Mehrotra, —, Jim Cramer's, Jim Cramer, Jim, Jeremy Erickson Organizations: Micron Technology, Club, Micron, Nvidia, Devices, Broadcom, TAM, Microsoft, Apple, AMD, CNBC, Bloomberg, Getty Locations: Boise , Idaho

☆ Wealthy investors support Harris over Trump, new survey says
▼ + stars: | 2024-09-26 | by ( Robert Frank | ) www.cnbc.com time to read: +2 min

According to a UBS survey of investors with at least $1 million of investible assets, 57% plan to vote for Harris and 43% plan to vote for Trump. Harris wins 91% of Democratic millionaires surveyed, 12% of Republicans and 60% of independents. Trump wins 88% of Republican millionaires, 9% of Democrats and 40% of independents. While they support Harris more broadly, the investors who were surveyed give Trump slightly higher marks on the economy and taxes. If Trump wins, they said defense and energy stocks look attractive, but if Harris wins, they said health care, sustainable investing and tech stocks look best, according to the survey.

Persons: Kamala Harris, Philip Chosky, Donald Trump, Harris, Trump . Harris, Trump Organizations: Democratic, Philip, Philip Chosky Theatre, UBS, Trump ., Trump, Social Security, Millionaire Locations: Pittsburgh , Pennsylvania

☆ Podcast: How pro video gaming, or esports, is taking off with big dollars behind it
▼ + stars: | 2024-09-26 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +25 min

Finally, and most importantly, for the subject for this week's podcast, he's the Esports World Cup CEO. So if I would have any idea, any understanding on video games, right, I would watch that too. There's always a clear qualifying way to go to the Esports World Cup, right? I mean, in stadiums, security is being paid by the state for big competition, like a World Cup, right? Arjun KharpalAnd Ralf are you likely to keep the Esports World Cup in Saudi if you renew this next year?

Persons: Ralf Reichert, CNBC's, Tom Chitty, Reichert, Paris, Ralf Reichart, you've, it's, Arjun Kharpal Ralf, I've, I'd, There's, Arjun Kharpal, we're, haven't, Ralf Reichart It's, what's, Tom Chitty Ralf, What's, I'm, esports, we've, We've, Ralf, Ralf Reichart I'd, that's, Arjun, Tom, we'll Organizations: Sports League Gaming, MLS, Premier League, esports, Saudi Locations: esports, Riyadh, Saudi, German, Gothenburg, Sweden, Bangladesh, China, East, Africa, Saudi Arabia

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