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☆ Ray Dalio names the top five forces shaping the global economy
▼ + stars: | 2024-09-18 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +3 min

Dalio made his remarks Wednesday ahead of the U.S. Federal Reserve's interest rate decision. Debt, money and the economic cycleWith uncertainty still circling around what the Fed will do at its meeting this week, Dalio raised concerns about how the country's debt will be managed. 'Acts of nature'Dalio then said "acts of nature" have historically posed a bigger threat to humanity and society than war. "Acts of nature, droughts, floods and pandemics have killed more people and been responsible for more domestic orders and international orders changing," Dalio noted. According to the World Economic Forum, the climate crisis results in a 12% loss in global GDP for each 1°C increase in temperature.

Persons: Ray Dalio, Dalio, Kamala Harris, Donald Trump Organizations: Bridgewater Associates, Milken Institute Asia Summit, Bloomberg, Getty, SINGAPORE, Milken, Summit, U.S, CNBC Fed, Economic, Technology Locations: Singapore, U.S, U.S . Federal, China, The U.S, South China

☆ FBI says it has disrupted major Chinese hacking operation that threatened US critical infrastructure
▼ + stars: | 2024-09-18 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +4 min

As of June, the botnet included over 260,000 hacked devices from all over the world, from North and South America to Australia, according to US officials. Those hacked devices ranged from webcams to DVRs to routers, and about half of them were located in the US, according to Wray. That Chinese hacking unit is preparing to “wreak havoc and cause real-world harm” to the US, Wray told Congress in January. Lumen researchers are watching for signs that the Chinese hackers will resurrect the botnet. A Chinese company named Integrity Technology Group managed the botnet for the last three years, according to US officials.

Persons: Christopher Wray, ” Wray, Wray, ”, “, Lumen, ” Danny Adamitis, Dakota Cary Organizations: CNN, FBI, Aspen Cyber, US, Embassy, Lumen Technologies, Lotus Labs, Integrity Technology Group Locations: Washington ,, Australia, Canada, New Zealand, United Kingdom, North, South America, Washington, China, Taiwan, California, United States, Dakota

☆ Israel planted explosives in Hezbollah's Taiwan-made pagers, Reuters reports
▼ + stars: | 2024-09-18 | by ( ) www.cnbc.com time to read: +4 min

The senior Lebanese security source said the group had ordered 5,000 beepers made by Taiwan-based Gold Apollo, which several sources say were brought into the country earlier this year. Israel's Mossad spy agency planted a small amount of explosives inside 5,000 Taiwan-made pagers ordered by Lebanese group Hezbollah months before Tuesday's detonations, a senior Lebanese security source and another source told Reuters. But the senior Lebanese source said the devices had been modified by Israel's spy service "at the production level." Another security source told Reuters that up to three grams of explosives were hidden in the new pagers and had gone "undetected" by Hezbollah for months. "We really got hit hard," said the senior Lebanese security source, who has direct knowledge of the group's probe into the explosions.

Persons: Israel, Tuesday's detonations, Gold, pagers, Jonathan Panikoff, government's, General Hassan Nasrallah Organizations: Hezbollah, Reuters Locations: Beirut, Lebanon, Israel, Taiwan, Iran, Lebanese, Taipei, Gaza, U.S

☆ A Navy SEAL unit that killed Osama bin Laden may be training Taiwanese forces to defeat a possible Chinese invasion, experts say
▼ + stars: | 2024-09-18 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +9 min

Read previewAn elite Navy SEAL unit may be preparing Taiwanese forces for reconnaissance operations and missions to repel a Chinese invasion, retired Navy officers said after a report said the unit had been training for such an eventuality for over a year. AdvertisementAccording to three retired Navy officers, the unit may be training Taiwanese soldiers to fight back against China should it invade Taiwan. One, he told BI, "is training Taiwanese forces in reconnaissance and perhaps direct attack, focusing on missions that might be required to defeat a Chinese invasion." "Naval reconnaissance forces would locate Chinese forces for long-range attacks," he said, adding: "They might also launch attacks against offshore ships or shipping in Chinese ports." Reports have already given clues as to how the US is preparing for a possible Chinese invasion of Taiwan.

Persons: —, Osama bin Laden, Mark Cancian, Bradley Martin, Sam Tangredi, Graeme Thompson, Joe Biden, Samuel Paparo, Martin, Cancian, Daniel Ceng, Phil Davidson, Davidson, Feng Hao, Paparo, Frank Kendall, Kendall Organizations: Service, Navy SEAL, Financial Times, Business, Navy, Marine, Center for Strategic, International Studies, US Navy, Getty, Eurasia Group, Wall Street Journal, Reuters, International Institute for Strategic Studies, Pacific Command, Washington Post, Congressional Research Service, Senate Armed Services Committee, Theater Command, PLA, China Military, Anadolu, American Enterprise Institute, Institute for, Japan's Nikkei, RAND Corp, US Air Force, Air & Space Forces Association Locations: Virginia, Taiwan, Afghanistan, Yemen, Syria, Somalia, Pakistan, China, People's Republic of China, Pingtung County, AFP, Washington ,, Australia, United States, Taichung, Anadolu, Pacific

☆ Ryan Routh was camped out for 12 hours and didn't have Trump in his line of sight when Secret Service fired at him
▼ + stars: | 2024-09-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | Corky Siemaszko | ) www.nbcnews.com time to read: +8 min

The revelations about Ryan Wesley Routh emerged Monday, a day after a Secret Service agent rousted him from a hiding place at the West Palm Beach, Florida, golf course where Trump had been playing. Trump was on the fifth fairway and not in Routh’s line of sight when the agent “engaged” the suspect, said Ronald Rowe, acting director of the Secret Service. In 2002, court records show, Routh was convicted of illegally possessing a machine gun. Court records for a person named Ryan Routh also show a 2003 divorce, along with multiple civil judgments after contractors and individuals sued a roofing company he helped run. Routh disparaged Trump as a “fool” and a “buffoon,” but he credited him for reaching out to North Korean leader Kim Jong Un.

Persons: Donald Trump, Ryan Wesley Routh, rousted, Trump, Sheriff’s, Routh, “, Ronald Rowe, Paul G, Martin, Martin County Sheriff William Snyder, Ryan Routh, Valentyn Ogirenko, unruffled, ”, ” Routh, Thomas Matthew Crooks, Kim Mungo, Mungo, Sen, Bernie Sanders, Joe Biden, Sleepy Joe, Routh bristled, Kim Jong Un, Biden “ Organizations: Service, Rogers Federal Court House, FBI, Trump, Sheriff’s, Martin County Sheriff, NBC News, Reuters, Global Citizen, Golf Club, Nissan, Twitter, Democratic, Commission, Democrat, Republican, NBC, Newsweek Romania, International Legion, Defense, Russia Locations: Ukraine, Palm Beach , Florida, West Palm Beach, Martin, Martin County, Mariupol, Hawaii, Iran, Taiwan, Afghanistan, North Korea, U.S, Butler , Pennsylvania, Honolulu, Greensboro , North Carolina, Greensboro, Russia, Kyiv

☆ Amazon's five-days-in-the-office mandate could be the start of a wider RTO shift
▼ + stars: | 2024-09-17 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

A Business Insider reporter found out by enlisting in the city's 'elite squad of anti-rat activists.' What's on deck:This story is available exclusively to Business Insider subscribers. In February 2023, it announced plans to require most office workers to show up in-person three days a week. And in the hyper competitive world of Big Tech, other tech giants might follow suit rather than risk getting bad-mouthed by rivals to their clients. How can insert Big Tech company really serve you best when its people are home half the time?

Persons: —, RTO Nickilford, Maria Ivanova, Getty, Tyler Le, Andy Jassy, Slack, It's, Miranda Jones, Donald Trump, Trump, Fundstrat's Tom Lee, Elon Musk, Joe Biden, Kamala Harris, Apple's, TikTok, Chris Williams, We're, Stephen Nedoroscik, Anna Delvey, Dan DeFrancesco, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Service, New York, Business, Amazon, Big Tech, Employees, McKinsey, Trump Media, Vanguard, Anadolu, Getty, Elon, Taiwan Semiconductor Manufacturing Company, Nvidia, Apple, DOJ, Microsoft, Open, It's Locations: New, North America, New York, London

☆ US spy plane flies through the Taiwan Strait days after German warships angered China by sailing through
▼ + stars: | 2024-09-17 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Read previewA US spy plane flew above the Taiwan Strait in international airspace, prompting a response from China. China's military reported that the American P-8A Poseidon maritime patrol aircraft's activity over the Taiwan Strait on Tuesday. Advertisement"The aircraft's transit of the Taiwan Strait demonstrates the United States' commitment to a free and open Indo-Pacific. China previously documented P-8A activity in the Taiwan Strait in April of this year, as well as December and October of last year. TED ALJIBE/AFP via Getty ImagesThe event comes on the heels of German Navy vessels transiting the Taiwan Strait last week for the first time in over 20 years.

Persons: — Organizations: Service, Command, Business, US, 7th Fleet, United, Eastern Theater Command, Navy, TED, Getty, Foreign Ministry, US Navy, Royal Australian Air Force Locations: Taiwan Strait, China, Taiwan, United States, Philippines, AFP, Hawaii

☆ US Air Force says war with China in the Pacific is not 'imminent or inevitable' but the threat is growing
▼ + stars: | 2024-09-17 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +1 min

The Secretary of the US Air Force said war with China in the Pacific was not "imminent or inevitable." Even so, Frank Kendall said the likelihood of one is growing and will continue to grow. AdvertisementA war between the US and China in the Pacific is not "imminent or inevitable," but the threat of one is growing, according to a top US military official. Frank Kendall, the US Air Force Secretary, made the assessment during a keynote address at an Air & Space Forces Association convention on Monday. "I am not saying war in the Pacific is imminent or inevitable.

Persons: Frank Kendall, China's, —, Kendall Organizations: US Air Force, Service, Air & Space Forces Association, Business Locations: China, Taiwan, Pacific

☆ The US sent Taiwan waterlogged shipments of moldy body armor and machine guns tossed in a cardboard box, DoD watchdog says
▼ + stars: | 2024-09-17 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

AdvertisementThat included 120 pallets containing 500 wet and moldy tactical vests and "3,000 mildewed body armor plates," the watchdog said. AdvertisementWithout facilities to store or protect the equipment and ammo, they were exposed to the bad weather, the report added. AdvertisementAdditionally, the shipments to Taiwan included six M240B machine guns from the National Guard in Clovis, New Mexico, that were dumped in a cardboard box without any wrapping. The OIG said the six machine guns were found in a cardboard box without any wrapping or packaging. AdvertisementThe Pentagon did not immediately respond to a request for comment sent outside regular business hours by Business Insider.

Persons: —, OIG, Pete Nguyen, Nguyen, Joe Biden Organizations: Service, Business, The Defense Department, Travis Air Force Base, US Army, National Guard, Pentagon, Defense Department, Taipei Times, Democratic Progressive Party Locations: Taiwan, Taipei, Clovis , New Mexico, Beijing, China

☆ Analysis: Ryan Routh’s support for Ukraine is a propaganda win for Moscow, at a very tricky time for Kyiv
▼ + stars: | 2024-09-17 | by ( Nick Paton Walsh | ) edition.cnn.com time to read: +6 min

Someone like Routh was quite easy to meet in Ukraine in the opening months of Russia’s full-scale war in 2022. But already, Moscow’s prolific echo chambers have begun to fashion a narrative in which US support for Ukraine is somehow extremist. People stand near the sports complex of a university after Russian missile attacks in Kyiv, Ukraine, on September 2. The clamor of support for Ukraine to receive US permission to fire longer-range US-supplied missiles at targets deeper inside Russian territory had been growing. The sudden insertion of a wayward extremist like Routh is a loud, confusing wild card, at a time when support for Ukraine urgently needed a calm and balanced voice.

Persons: Ryan Wesley Routh, Donald Trump, Routh, Oleksandr Shaguri, “, ” Routh, Dmitri Peskov, ”, Marjorie Taylor Greene, ’, Putin, –, Maxym, Volodymyr Zelensky, Biden, Joe Biden Organizations: London CNN, Kyiv, Russia, Ukraine, New York Times, Foreigners, Department, Land Forces Command, CNN, Global Citizen –, Reuters, Russian, Republican Locations: Ukraine, Russia, Europe, Ukrainian, Kyiv, Pakistan, Iran, Global Citizen – Taiwan, Afghanistan, North Korea, Florida, America, United States, Russian

☆ China and Russia are ramping up joint military drills. What’s their end goal?
▼ + stars: | 2024-09-17 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +11 min

China sent several warships and 15 aircraft to waters off Russia’s Far East coast for Ocean-2024, according to the Russian military. The latest Russia-China military drills fit a pattern of more than a decade of enhanced military coordination between the two countries, experts say. The joint drills also raise questions about whether the two nuclear-armed powers, which are not treaty allies, could act together in any potential future conflict. Russian military sailors attend the opening ceremony for a joint naval exercise in the South China Sea in July. But observers say that despite the growing coordination within joint drills, it’s unlikely there is a clear end goal past sending a strong signal – at least for now.

Persons: Vladimir Putin, Putin, Xi Jinping, Sergei Bobylev, Xi, ’, “ They’re, ”, Alexander Korolev, Washington’s, Carl Schuster, Korolev, it’s “, Elizabeth Wishnick, “, Russia –, James Char, Schuster Organizations: Hong Kong CNN, Kremlin, Canadian, Putin, NATO, Sputnik, Reuters, Soviet, Center for Strategic, International Studies, CNN, Russian, CSIS, University of New, US Navy, Pacific Command’s Joint Intelligence Center, Russian Defense Ministry, Beijing, South China, Pacific Security Affairs Division, CNA, India, Nanyang Technological University’s Institute of Defense, Strategic Studies, China, Navy Locations: China, Hong Kong, United States, Moscow, Russia, Ukraine, East, Ocean, Russian, Japan, Alaska –, South China, Beijing, Washington, Taiwan, Soviet Union, Communist China, Alaska, Pacific, University of New South Wales, Sydney, Asia, Germany, Philippines, South, Iran, lockstep, Nanyang, Singapore

☆ Biden administration awards Intel up to $3 billion under the Chips Act
▼ + stars: | 2024-09-16 | by ( Kristian Burt | In | ) www.cnbc.com time to read: +2 min

The Biden Administration on Monday awarded Intel up to an additional $3 billion under the CHIPS and Science Act for the "Secure Enclave" program which is designed to expand the supply of microelectronics for the U.S. Department of Defense. Intel is building foundry plants in four states as part of its project to increase domestic semiconductor manufacturing for other suppliers. In March, the Biden administration awarded Intel with up to $8.5 billion under the CHIPS and Science Act. Intel CEO Pat Gelsinger, in a recent meeting with Commerce Secretary Gina Raimondo, voiced frustration over the heavy reliance that U.S. companies have on Taiwan Semiconductor Manufacturing, the world's largest contract chipmaker. The company announced in August it would cut 15% of its workforce as part of a $10 billion cost-reduction plan.

Persons: Biden, Pat Gelsinger, Gina Raimondo, Intel's, Chris George, —, Seema Mody, Rohan Goswami Organizations: Biden, U.S . Department of Defense, Intel, CNBC, Taiwan Semiconductor Manufacturing, Department of Defense, Rapid, Microelectronics, United States Locations: United

☆ From Ukraine to Hawaii, associates of Trump assassination attempt suspect say his ‘delusion of grandeur’ and odd behavior left them questioning his mental state
▼ + stars: | 2024-09-16 | by ( Isabelle Chapman | Casey Tolan | Curt Devine | ) edition.cnn.com time to read: +16 min

In one tweet, Routh wrote that “I would like to invite you to Hawaii for vacation. Newsweek Romania journalist Remus Cernea, one of the people listed on the website, told CNN he met Routh in Kyiv’s Maidan Square in June 2022. Tracy Fulk, a Greensboro police officer at the time, told CNN that the incident started when she pulled Routh over for a traffic stop. Audrey McAvoy/APA Hawaiian man who gave Routh’s company a bad review on Facebook told CNN he was unsettled by Routh’s response to the criticism. “We must push forward with logical leadership that supports the ones that wish to accomplish great things,” Routh wrote in one post.

Persons: Donald Trump, Ryan Wesley Routh, Joe Biden, “, Ukraine ”, Volodymyr Zelensky, Routh, hadn’t, Biden, Zelensky, Ryan Routh's, Trump, Routh’s, –, ”, Tulsi Gabbard, Beto O’Rourke, Tom Steyer, Elizabeth Warren, Andrew Yang, Joe, hillary, ” Routh, Kim Jong Un, ” Zelensky, Routh’s fiancée, Kathleen Shaffer, Shaffer, Efrem, Semafor, Oleksandr Shaguri, ” Michael Wasiura, ” Wasiura, ” Evelyn Aschenbrenner, Aschenbrenner, ” Aschenbrenner, Ryan O’Leary, ” O’Leary, Remus Cernea, Cernea, it’s, ” Cernea, barricading, Tracy Fulk, Fulk, ” Fulk, didn’t, ” Ryan Routh's, Audrey McAvoy, Saili Levi, Levi, you’re, ” Levi, Ryan Routh ”, Nelli Black, Benjamin Brown, Scott Glover, Lex Harvey, Winter, Rob Kuznia, Kyung Lah, Daniel Medina, Gianluca Mezzofiore, Rob Picheta, Puy Kamp, Sabrina Shulman, Teele Rebane, Adam Renton, Jessie Yeung Organizations: CNN, Twitter, Trump, Martin County Sheriff’s, Martin County Sheriff's, Facebook, Service, Republican, X, Machine, Commission, Democratic, North, “ WE, New York Times, Ukraine’s Land Forces Command, Legion, country’s International, Army National Guard, Global Citizen, Taiwan, Taiwan Foreign Legion, Newsweek Romania, Greensboro, Sheriff’s Office, Guilford County North Carolina Sheriff’s, Honolulu Star, Star, Advertiser, Honolulu, roosters Locations: Ukraine, Hawaii, Afghanistan, Ukrainian, Honolulu, Oahu, Florida, Martin County, Russia, Zelensky, American, Kyiv’s, Kyiv, Taiwan, North Korea, China, Kyiv’s Maidan, North Carolina, Greensboro, Guilford, Guilford County North Carolina, Kaʻaʻawa, Oahu Island, Oran, Majlie

Routh became animated when writing about Trump, and he frequently weighed in on US and global current events on social media. He even commented on the first assassination attempt on Trump, when the former president was wounded by a gunshot during a rally in Pennsylvania in July. According to Cernea, Routh described Russian President Vladimir Putin’s invasion of Ukraine as a “black and white… good versus evil” conflict. Hawaiian business owner Saili Levi told CNN he had paid Routh $3,800 up front to build a trailer for his business. Levi said when he asked Routh to improve the work via email, Routh ranted at him.

Persons: CNN — Ryan Wesley Routh, Donald Trump, Routh, Trump, Ryan Wesley Routh, “, ”, ” Routh, Joe Biden, Kamala Harris, “ Trump, Ryan Routh, ’, Oleksandr Shaguri, Remus Cernea, it’s, ” Cernea, Cernea, Vladimir Putin’s, “ Putin, ” Oran, Saili Levi, Levi, Routh ranted, you’re, ” Levi Organizations: CNN, US Secret Service, LinkedIn, Honolulu Star, Democratic, Trump, Global Citizen, Independence, Ukraine, Foreigners, Department, Land Forces Command, Legion, Newsweek Romania, AFP, Russia Locations: Ukraine, Taiwan, North Korea, Kyiv, Hawaii, Honolulu, North Carolina, Afghanistan, Iran, Tehran, Moscow, Pennsylvania, Ukrainian, Mariupol, Kyiv’s, United States, Oran, Florida

☆ German warships visit the Philippines amid its South China Sea clashes after angering Beijing by sailing through the Taiwan Strait
▼ + stars: | 2024-09-16 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Tensions are high in the South China Sea, as China continues its aggressive tactics against Philippine vessels. JAM STA ROSA/AFP via Getty ImagesClashes between China and the Philippines in the South China Sea have been escalating for months as China unjustly claims sovereignty over a majority of the South China Sea, defying international law while increasing efforts to assert its authority in the area. While traveling to Manila, the Baden-Württemberg and Frankfurt am Main transited the Taiwan Strait, sparking backlash from China. The German warships transited the Taiwan Strait last week for the first time in 20 years. "International waters are international waters," he said .

Persons: —, Per Andreas Pfaffernoschke, Pfaffernoschke, Mao Ning, German Defense Ministry Boris Pistorius, Mao Organizations: Service, Business, Baden, Philippine, ROSA, Getty, Ministry of Foreign, German Defense Ministry, Command Locations: Philippines, Taiwan Strait, Germany, China, South China, Berlin, Frankfurt, Manila, AFP, Beijing, Baden, Württemberg, Taiwan, Main

☆ Meet 14 power players leading TSMC, the world's biggest chipmaker that's taken center stage as the AI wars heat up
▼ + stars: | 2024-09-16 | by ( Helen Li | ) www.businessinsider.com time to read: +1 min

TSMC's chip foundry model enabled fabless companies like Nvidia and Apple to thrive. Go to newsletter preferences Thanks for signing up! AdvertisementThere is a good chance that Taiwan Semiconductor Manufacturing Company, or TSMC, is involved in almost every electronic device you see. Founded in 1987 by entrepreneur Morris Chang, the silicon wafer maker used a pure-play foundry model. This model involved other companies designing computer chips and then contracting TSMC to manufacture them.

Persons: C.C, —, Morris Chang, It's Organizations: Nvidia, Apple, Service, Taiwan Semiconductor Manufacturing Company, Qualcomm, AMD, Intel, Samsung Locations: Arizona

☆ Apple leads tech sell-off after analyst warns of light iPhone 16 demand
▼ + stars: | 2024-09-16 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

Apple shares were down 3% on Monday, leading a drop in the wider tech sector. The slide came after analyst Ming-Chi Kuo warned of light iPhone 16 demand. The lack of demand for the newest iPhone is likely because Apple has yet to roll out its most anticipated new feature, Apple Intelligence, Kuo said. Advertisement"One of the key factors for the lower-than-expected demand for the iPhone 16 Pro series is that the major selling point, Apple Intelligence, is not available at launch alongside the iPhone 16 release," Kuo said in a Sunday note. "In that case, I believe that Apple will implement more aggressive iPhone product strategies in 2025 to stimulate market demand," Kuo said.

Persons: Ming, Chi Kuo, —, TF International Securities analyst Ming, Kuo Organizations: Apple, Semiconductor, Nasdaq, Service, TF International Securities analyst, Apple Intelligence, Dow Jones, Micron, Broadcom, Inc, Taiwan Semiconductor Manufacturing Company

☆ Intel shares jump on chip deal with Amazon
▼ + stars: | 2024-09-16 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +2 min

New York CNN —Intel’s struggling chip-making business got a boost Monday from a high-profile client: Amazon. Intel Foundry and Amazon Web Services will coinvest in a custom chip design for the latter and “announced a multi-year, multi-billion-dollar framework,” according to a release. “Specifically, Intel Foundry will produce an AI fabric chip for AWS on Intel 18A,” Intel CEO Pat Gelsinger said in the statement Monday. The new deal, along with a $3 billion grant from the US government to boost domestic chip making and make chips for the US military, “demonstrates the continued progress we are making to build a world-class foundry business,” Intel said in the statement. Intel has changed its business model to try to become a global chip manufacturer to rival Taiwan’s TSMC.

Persons: New York CNN —, “, Pat Gelsinger, Gelsinger, Taiwan’s TSMC, It’s Organizations: New, New York CNN, Intel, Intel Foundry, Amazon Web, Qualcomm, Texas Instruments, Nvidia, AWS Locations: New York, Arizona , Oregon, New Mexico, Ohio, Germany, Poland

☆ The stock market risks keeping Wall Street's biggest bulls up at night
▼ + stars: | 2024-09-14 | by ( Matthew Fox | ) www.businessinsider.com time to read: +6 min

The bulls on Wall Street have been largely right about the stock market over the past two years. Business Insider asked three bullish stock strategists what they consider the biggest risks. Yet, those economists have been largely wrong about what could sink the stock market and economy. "In May/June, when you had a lot of bears or those that had been late to jump on the bull parade all of a sudden switch their forecasts and kind of chase markets up, which is pretty, I mean pretty, pretty, pretty classic," Belski told Business Insider. The second risk is, similar to Belski's concern, a 1990's type melt-up in the stock market.

Persons: —, Brian Belski, Belski, Yardeni Research's Eric Wallerstein Eric Wallerstein, Wallerstein, that's, Carson, Sonu Varghese Sonu Varghese, Varghese Organizations: Business, Service, BMO, Nvidia, Yardeni Research, Carson Group, Federal Locations: Russia, Ukraine, China, Taiwan

☆ Nvidia CEO Jensen Huang revived the AI trade this week. Here's how the pros are playing it
▼ + stars: | 2024-09-14 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Recent comments from Nvidia CEO Jensen Huang seemed to revive investment in the turbulent AI sector this week, while leading portfolio managers to recenter attention on the winning trades. Nvidia shares rallied more than 8% on the heels of Huang's remarks, which soothed some recent market jitters over the delayed payoff from AI investments. For the week, AI and semiconductor names such as Advanced Micro Devices, Marvell Technology, Super Micro Computer and Broadcom rallied double digits. NVDA 1M mountain Nvidia shares over the past month. Longer term, he views Apple as the leading AI device play and AI personal assistant, especially as more consumers adopt its Vision Pro headset.

Persons: Jensen Huang, We're, Huang, Goldman Sachs, Huang's, Jensen, John Belton, CFRA's Angelo, Apple, Zino isn't, Belton, Mark Malek Organizations: Nvidia, Technology, Devices, Marvell Technology, Micro Computer, Broadcom, Gabelli, Taiwan Semiconductor Manufacturing, Meta, Micron Technology, Apple Intelligence, Dell, Materials, KLA Corporation, Microsoft

☆ Pro-Russian hackers reportedly crashed Taiwan Stock Exchange website on Thursday, local media reports
▼ + stars: | 2024-09-13 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +2 min

A man walks past a monitor showing the stocks curves outside the Taiwan Stock Exchange in Taipei on May 12, 2021. While the exchange did not specify the cause of the attack or the perpetrator of the attack, local media reported this was part of a distributed denial of service, or DDoS, attack on the Taiwanese government by a pro-Russian hacker group. The exchange added that the securities market and related businesses are "operating normally without any impact." China views Taiwan as part of its territory and has not renounced the use of force against the island. [The land in] the Treaty of Aigun, you [China] could have asked for it back, but you didn't."

Persons: Radware, William Lai, Lai, — China's Organizations: Taiwan Stock Exchange, Taipei Times, of Peking Locations: Taipei, Russian, Taiwan, Pacific, China, Russia, Aigun, Manchuria, Japan, Shimonoseki, Republic of China

☆ German warships ignored China's complaints and sailed through the Taiwan Strait for the first time in over 2 decades
▼ + stars: | 2024-09-13 | by ( Chris Panella | ) www.businessinsider.com time to read: +1 min

Two German navy ships sailed through the Taiwan Strait for the first time in over 20 years. Go to newsletter preferences Thanks for signing up! AdvertisementTwo German navy ships have sailed through the Taiwan Strait, the first such move in over 20 years. Despite China's complaints and criticisms, Germany said that it had a right to transit the strait, which is international waters. The German first-in-class frigate Baden-Württemberg and the supply ship Berlin-class Frankfurt am Main sailed the Taiwan Strait on Friday.

Persons: —, Boris Pistorius Organizations: Service, Baden, Main, German, Business Locations: Taiwan Strait, China, Taiwan, Germany, Berlin, Frankfurt

☆ Trade Tracker: Rob Sechan buys Taiwan Semi
▼ + stars: | 2024-09-13 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Rob Sechan buys Taiwan SemiRob Sechan, CEO of NewEdge Wealth, joins CNBC's "Halftime Report" to describe his semiconductor strategy.

Persons: Rob Sechan Organizations: Taiwan, NewEdge

☆ Same-sex marriage was on a roll in Asia. Not anymore
▼ + stars: | 2024-09-13 | by ( Chris Lau | ) edition.cnn.com time to read: +11 min

The winning formulaMore than 30 jurisdictions worldwide now recognize same-sex marriage, according to the Pew Research Center. Since the first same-sex marriage law was passed in the Netherlands in 2001, progress has been made mostly in Europe, the Americas and Australasia. Gay couples cut a wedding cake in Amsterdam on April 1, 2001 after the first same-sex marriage law was passed in the Netherlands. But on the national level, Japan does not recognize same-sex marriage and local courts have returned conflicting verdicts on the issue. Up to 68% of Japan’s adults support same-sex marriage, the highest share in Asia, according to the Pew Research Center.

Persons: Pokpong Jitjaiyai, ”, Pokpong, Watit Benjamonkolchai, Suen, Nadia Rahman, Marcel Antonisse, Kangwan Fongkaew, ” Kangwan, Jennifer Lu, ” Lu, Taiwan’s, Tsai Ing, Sanjit, Chanakarn Laosarakham, Carl Court, Asia’s, Anish Gawande, Narendra Modi, Gawande, Kazuhiro Nogi, –, Hiroshima’s, Scuffles, Andrew Kim, Roslan Rahman, Shawna Tang, Hong Kong’s, Peter Newman, ” Suen, CNN’s Samra, Yoonjung Seo, Aishwarya Iyer Organizations: Hong Kong CNN, Thailand’s Senate, CNN, Chinese University of Hong, Pew Research, Amnesty, Racial Justice, Refugees, Migrants, Getty, Burapha University, Presidential, List, Court, Japan, Seoul Queer Culture, Christian, Korea University’s College of International Studies, University of Sydney, Appeal, University of Toronto’s, Inwentash, Social Locations: Hong Kong, Bangkok’s, Siam, Thailand’s, Bangkok, Thailand, Southeast Asia, Taiwan, Nepal, Asia, Chinese University of Hong Kong, Netherlands, Europe, Americas, Australasia, Myanmar, Malaysia, Sri Lanka, Brunei, Bangladesh, Indonesia’s ultraconservative, Aceh, United Kingdom, Amsterdam, China, Kathmandu, AFP, Taiwan's, Taipei, India, List India, India’s, Delhi, Tokyo, Japan, South Korea, Daegu, Seoul, Korea, Singapore, aren’t, –, Beijing, Indonesia

☆ Engagement bait's rise on Threads is another example of how we just can't help ourselves on social media
▼ + stars: | 2024-09-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

While rage bait can be found across social media, its prominence on Threads is because of how the app promotes content. AdvertisementWith that in mind, there's often something in your behavior on social media that's leading the apps to send those posts your way. In the grand scheme of things, rage bait is not the worst thing on social media by a long shot . YouTube star MrBeast mastered social media algorithms to build a huge audience in no time. Here's what business students said , and here's what tech students said .

Persons: —, Rebecca Zisser, Katie Notopoulos, Katie, it's, it'll, Samantha Lee, Goldman Sachs, David Solomon isn't, Solomon, Warren Buffett's, Kanu Gulati, she'd, Jensen Huang doesn't, Huang, Alberto E, Rodriguez, MrBeast, Jonah Peretti, Dan DeFrancesco, Hallam Bullock, Milan Sehmbi, Amanda Yen Organizations: Service, Business, Twitter, JPMorgan, Bank of America, Occidental Petroleum, Khosla Ventures, Kanu Gulati Khosla Ventures, Nvidia, Warner Bros, HBO, Charter Locations: Taiwan, China, New York, London

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