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The question is how worried should people be about these endocrine-disrupting chemicals (EDCs), such as phthalates, BPA or bisphenol A, and brominated flame retardants? Endocrine-disrupting chemicals are not produced by the human body but influence the way your hormones function, Bloom said. CNN reached out to the National Pest Management Association and the Personal Care Products Council for comment. Gradually replacing personal care products one at a time as you use up individual products is a great place to start, she said. “But personal care products is one thing where I think folks have a lot of autonomy and what they’re purchasing within reason.”
Persons: United States –, Michael Bloom, Bloom, ” Bloom, Alexa Friedman, , ” Friedman, Natalie Shaw, , Friedman, – Friedman Organizations: CNN, George Mason University College of Public Health, Environmental, Cleveland Clinic, Endocrine Society, , Pediatric Neuroendocrinology Group, National Institute of Environmental Health Sciences, Pesticides, National Pest Management Association, Care Products Council, US Environmental Protection Agency, EPA, allergists, Mayo Clinic Locations: United States, EDCs, Fairfax , Virginia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKey 2025 market driver will be increase in term premium, says Neuberger Berman's KnutzenErik Knutzen, Neuberger Berman multi-asset strategies co-CIO, joins CNBC's 'The Exchange' to discuss investing in short-term bonds, how to position ahead of the election, and more.
Persons: Neuberger Berman's Knutzen Erik Knutzen, Neuberger Berman
The setup on key earnings this week: Visa, GSK and XPO
  + stars: | 2024-10-29 | 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 EmailThe setup on key earnings this week: Visa, GSK and XPOThe Investment Committee debate how to play these names ahead of their earnings reports.
Organizations: Visa, GSK
A Chinese flag is displayed next to a "Made in China" sign seen on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. The Biden administration said on Monday it is finalizing rules that will limit U.S. investments in artificial intelligence and other technology sectors in China that could threaten U.S. national security. The new rules are effective Jan. 2 and will be overseen by Treasury's newly created Office of Global Transactions. Treasury said the "narrow set of technologies is core to the next generation of military, cybersecurity, surveillance, and intelligence applications." The rule covers technologies like "cutting-edge code-breaking computer systems or next-generation fighter jets," added Paul Rosen, a senior Treasury official.
Persons: Biden, Joe Biden, Treasury's, Paul Rosen Organizations: U.S . Treasury, Global Transactions, Treasury Locations: China, U.S
However, on "Mad Money" following the release, Jim said Alphabet delivered an "unambiguously great quarter." Alphabet Why we own it : Alphabet's Google Search is an invaluable tool for advertisers. Revenue for the Google Search, YouTube ads, and Google Network line items totaled $65.85 billion. That was up more than 10% from the year-ago quarter, though it was a slower growth rate than in the second quarter. The company exited the quarter with $93.23 billion in cash, cash equivalents, and marketable securities on its balance sheet.
Persons: It's, Jim Cramer, Jim, it's, Sundar Pichai, We're, Waymo, Anat Ashkenazi, Pichai, Jim Cramer's, Justin Sullivan Organizations: Google, U.S, European, Justice Department, Big Tech, Nvidia, YouTube, Microsoft, Revenue, Google Services, Walmart, Dallas Fort, CNBC Locations: U.S, Dallas, Dallas Fort Worth, Mountain View , California
With one week until the Nov. 5 election, early voting is underway in all seven battleground states, along with dozens of others. While millions of Americans have stood in line to cast ballots in person, another 20 million have mailed in their ballots. The 46.5 million early votes are almost evenly split between ballots cast in person versus by mail, according to the University of Florida's Election Lab. Georgia also smashed its first-day early voting record with an estimated 310,000 ballots cast on Oct. 15. By Tuesday, just under 3 million ballots had been received.
Persons: Kamala Harris, Donald Trump Organizations: NBC News, University of Florida's Locations: Asheville , North Carolina, U.S, North Carolina, Georgia
One week before Election Day, Democrats are spending big to target swing-state voters in nail salons, lifestyle magazines and shopping malls — all places where they might normally seek to escape the news. Zoom In Icon Arrows pointing outwards A DNC advertisement. Zoom In Icon Arrows pointing outwards A DNC advertisement. Zoom In Icon Arrows pointing outwards A DNC advertisement. Zoom In Icon Arrows pointing outwards A DNC advertisement.
Persons: Kamala Harris, Kevin Lamarque, Winfrey's, Donald Trump, Trump, Monica Guardiola Organizations: Democratic, U.S, Democratic National Convention, United Center, Democratic National, Women's, Republican, DNC, Teen Vogue, Spotify, iHeart Media, Keystone State, Vogue Locations: Chicago , Illinois, U.S, Pennsylvania, Keystone
Several analysts maintained their buy ratings ahead of the results and expect AI-driven gains to appear in its search and YouTube segments. Still, the consensus revenue estimate implies Alphabet could post its slowest year-over-year growth since the third quarter of 2023 . Analysts polled by LSEG expect Alphabet to earn $1.85 per share on $86.3 billion in revenue, implying year-over-year earnings and revenue growth of 19.1% and 12.5%, respectively. Like Sheridan, Black expects Alphabet's AI enhancements to support search and YouTube growth, as AI drives efficiency for advertisers. "While advertisers may express some concerns around consumer sentiment, GOOG Search remains a 'utility-like' component of advertiser budgets," he said.
Persons: Brent Thill, Thill, Goldman Sachs, Eric Sheridan, Sheridan, Benjamin Black, Black Organizations: Google, LSEG, FactSet, Citi Research, Jefferies, CNBC, Deutsche Bank Locations: Monday's
PayPal drops more than 6% premarket on revenue miss
  + stars: | 2024-10-29 | by ( Mackenzie Sigalos | ) www.cnbc.com   time to read: +2 min
A PayPal sign is seen at its headquarters in San Jose, California, Jan. 30, 2024. PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in a bit light of expectations. PayPal reported net income of $1.01 billion, or 99 cents per share, compared to $1.02 billion, or 93 cents per share, a year earlier. "PayPal delivered strong financial and operating results during a highly productive third quarter," Chriss said in the earnings release. PayPal reported total active accounts of 432 million, up 1% from a year earlier, and beating the average estimate of 430.5 million.
Persons: Alex Chriss, Chriss Organizations: PayPal, LSEG, Meta Locations: San Jose , California, Braintree
Stanley Black & Decker stock plunged Tuesday on the company's quarterly earnings release — a move Jim Cramer said investors should capitalize on. As the Federal Reserve continues to lower borrowing costs, activity in the housing market should pickup, boosting demand for Stanley Black & Decker's tools. "If you believe the rate cycle is coming, that's the stock to buy," Jim added. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Stanley Black & Decker power drills are displayed for sale at a Home Depot store in Colma, California.
Persons: Stanley Black, Jim Cramer, Jim, Decker, we're, Jim Cramer's, David Paul Morris Organizations: Federal Reserve, CNBC, Bloomberg, Getty Locations: U.S, Colma , California
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Shares of Stanley Black & Decker were pairing some of their post-earnings losses since the Morning Meeting was recorded — down about 9% now. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Stocks, Larry Fink, bode, Stanley Black, Decker, Jim, Danaher, Horton, Jim Cramer's Organizations: CNBC, Big Tech, Club, BlackRock, Home, VF Corp, Pfizer, AMD Locations: Riyadh, Saudi Arabia
Detailed below is what Harris and Trump have proposed to lower costs for Americans. AdvertisementWhile the pace of inflation has slowed, Americans continue to struggle with high prices at gas stations, grocery stores, and more. Those high prices have become a key issue for voters as the presidential election approaches. Both Donald Trump and Kamala Harris have outlined plans they say will lower costs for Americans through various policies. "If you were to try and cut down grocery prices today, there's no state of emergency.
Persons: Harris, Trump, , Donald Trump, Kamala Harris, Tim Walz, Taylor Rogers, Dan Scheitrum, Scheitrum, it's, Rogers, Biden, Sen, JD Vance, Ohio Organizations: Service, Business, Democratic, Minnesota, Republican National Committee, Pew Research Center, California Polytechnic State University, Trump, Tax, Economic, of New, RNC, Census, Center, GOP, Gas, Biden, House, Strategic Petroleum Reserve Locations: America, Pennsylvania, Trump's, Las Vegas, of New York
When asked whether it's been worth the cost ( $30 monthly per user in the case of Copilot), tech leaders say they aren't sure. According to recent Deloitte research, two-thirds of organizations are increasing gen AI investments based on "strong early value to date." There are multiple reasons why companies will still be short on confidence when it comes to enterprise AI adoption, according to Deloitte. The Azure cloud offering from its biggest AI partner and AI investment, OpenAI, is in use at nearly two-thirds of companies. Forty-six percent of CNBC survey respondents said that within their organizations at least half of employees are now using AI.
Persons: it's, Jim Rowan, Anthropic, Mistral, Eric Schmidt —, Morgan Stanley, Copilot, Rowan Organizations: CNBC, Microsoft, CNBC Technology, Council, Deloitte, Microsoft Microsoft, Fortune, Capital Group, Disney, Dow, Kyndryl, Novartis, Deloitte Consulting, Meta, Silicon, OpenAI, AIs Locations: Europe
And the legal challenges could continue for weeks or months to come. The legal team also relies on a team of advisers, including longtime Biden lawyer Bob Bauer, who advises on litigation strategy and voter protection, and former US Solicitors General Don Verrilli and Seth Waxman. In addition, the Harris legal team is supported by a “field counsel” program that coordinates with local firms in each state that can provide specialized knowledge about election law and procedures in each jurisdiction. Sources close to the Trump legal team say they have not only focused on recruiting legal firepower but on identifying viable legal challenges. “What we have to do is protect every voter and every vote, which is what we’re doing,” said Remus, of the Harris legal team.
Persons: Donald Trump’s, Gineen Bresso, David Warrington, Trump, , , Dana Remus, Joe Biden, Kamala Harris, ” Remus, Remus, Barack Obama’s, Obama, Marc Elias, , Bob Bauer, Don Verrilli, Seth Waxman, Harris, ” Bresso, ” Mike Davis, They’ve, ‘ We’ve, We’ve, we’ve, “ Trump, Davis, ” CNN’s Casey Gannon Organizations: CNN, Republican, Warrington, GOP, Republican National Committee, White, Democratic, Trump, Biden, US, Republicans, RNC, Commission, Capitol Locations: Washington, DC, North Carolina, Georgia, Florida
But equally important, in their view, was its ability to evoke the promise of the office she seeks. That was not the original intent of Harris’ major address, aides said, but they believe it serves as a timely rebuttal. A permit for the event showed as many as 20,000 people were expected to attend, with spillover onto the National Mall – her first major campaign speech outdoors in Washington. Last week, the leading super PAC supporting Harris’ candidacy raised concerns that the Harris campaign was too closely centering its closing message on calling Trump a fascist. The sweeping backdrop of the White House and the National Mall was designed for maximum effect a week before the final day of voting.
Persons: Kamala Harris, Donald Trump, Harris, , “ It’s, Trump, – Harris, I’ve, ” Harris, , Harris ’, Joe Biden, hasn’t, Biden, John Kelly Organizations: Washington CNN, White, Capitol, Democratic, Trump, Air Force, CNN Locations: Madison, United States, Washington, Michigan, Wilmington , Delaware, America, Detroit
Major equipment suppliers in Europe say that U.S. chip designers are calling on them to lower their water temperatures to accommodate the hotter AI chips, according to Herbert Radlinger, managing director at NDC-GARBE. Energy efficiency is high on the European Commission's agenda, as it seeks to reach its goal of reducing energy consumption by 11.7% by 2030. The EU predicted in 2018 that energy consumption of data centers could rise 28% by 2030, but the advent of AI is expected to boost that number two or threefold in some countries. Many of the recent discussions have focused on different ways to source "prime power" for AI data centers and for the potential for more collaboration with utilities, said Steven Carlini, chief advocate of AI and data centers and vice president at Schneider Electric. Liquid cooling will require a "reconfiguration," Gunen explained, adding that new data centers are already coming ready with this technology.
Persons: Goldman Sachs, Andrey Korolenko, Nvidia's Blackwell, we've, Winterson, CNBC Michael Winterson, Michael Winterson, Herbert Radlinger, Steven Carlini, Carlini, Schneider, Meta, Gunen, Equinix Organizations: Luza, CNBC, European Data Center Association, NDC, EU, Energy, Directive, Schneider, Schneider Electric, European, Nvidia, Blackwell Locations: Europe, Brussels, Equinix
The warmer water injected warmer, moist air into the exceptionally dry, cold air whipping across it. Sea smoke rises from the the Atlantic Ocean off the coast of South Portland, Maine, in February 2023. But seeing it on satellite over Pine Island Glacier was rare because the area is usually shrouded in clouds, according to NASA. Strong winds blow snow into stark lines across Pine Island Glacier. NASA/USGSPine Island Glacier is a vital and highly monitored part of Antarctica that is threatened by a warming world.
Persons: Robert F, ” Thwaites Organizations: CNN, NASA Locations: Antarctica, South Portland , Maine
Israel openly said it conducted “precise strikes” on military targets in Iran. “Israel now has broader aerial freedom of operation in Iran,” Israel’s military spokesman Daniel Hagari said, touting achievements in the attack. The idea was that if Israel were to strike Iran, Tehran would retaliate by unleashing its militias against Israel. Iranian officials have repeatedly stated that they have no intention of weaponizing the country’s nuclear program, while simultaneously using its potential as leverage in negotiations with the West. “Even the more hawkish American presidents have not favored taking military strikes because the most likely outcome is that, at some point, that will make Iran turn nuclear,” Parsi said.
Persons: CNN —, Israel, Israel didn’t, , , Daniel Hagari, Ayatollah Ali Khamenei, Benjamin Netanyahu, Nicole Grajewski, Hassan Nasrallah, ” Mohammad Ali Shabani, Amwaj.media, Trump, Fatemeh, Parsi, Grajewski Organizations: CNN, Schools, Iran’s, Quincy Institute, Responsible, Nuclear, Carnegie Endowment, International Peace, Israel, West, Bushehr Nuclear Power, Anadolu Agency, Getty Locations: CNN — Iran, Republic, Israel, Iran, Islamic Republic, Israeli, Damascus, “ Israel, Tehran, Washington, Syria, Israel’s, Gaza, Lebanon, London, Iraq, Bushehr
AWS's Graviton CPU chips are used by over 90% of its 1,000 largest data center customers. AWS's custom silicon strategy includes AI chips like Inferentia and Trainium. AdvertisementIn 2018, Amazon Web Services launched Graviton, its own line of homegrown central processing unit chips for data center servers. Big enterprises, such as Epic Games, Databricks, and Pinterest, are all major Graviton customers, he said. "We will absolutely continue to drive innovation in custom silicon as we have been doing for the past 10-plus years."
Persons: , Rahul Kulkarni, Kulkarni, Graviton, James Hamilton, Bernstein, AWS's Kulkarni, Jassy Organizations: Service, Amazon Web Services, Intel, AMD, Epic, Annapurna Labs, Bernstein Research, AWS Locations: Israel
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSaudi Arabia is a 'key player' for Middle East stability, former U.S. diplomat saysJoseph Westphal, former U.S. ambassador to Saudi Arabia, says the U.S. has to become a more consistent friend to its allies and develop more strategic relationships with countries like Saudi Arabia.
Persons: Joseph Westphal Organizations: Saudi Locations: Saudi Arabia, U.S
The Conference Board’s latest consumer survey showed that Americans this month became more optimistic about the future of both the labor market and the broader US economy. The monthly survey’s Consumer Confidence Index jumped in October by the fastest clip since March 2021. In September, jitters over the job market’s health weighed on consumer confidence, but economic data after that showed that the job market remains solid. “Views on the current availability of jobs rebounded after several months of weakness, potentially reflecting better labor market data,” Peterson said. Data for September pointed to a robust job market, which translated into better consumer confidence.
Persons: , ” Dana Peterson, jitters, ” Peterson, Kamala Harris, , Lael Brainard, Robert Frick, August’s Organizations: Washington CNN, Conference Board’s, White House, Navy Federal Credit Union
Electric vehicles, trade, tariffs, China, emissions regulations and labor are among the top issues automakers are monitoring, according to industry executives and policy experts. Harris vs. TrumpOfficials expect a Harris victory to be a continuation, but not a copy, of the past four years under Biden. Republican presidential nominee and former U.S. President Donald Trump speaks as he visits a campaign office in Hamtramck, Michigan, U.S. October 18, 2024. Republicans, led by Trump, have largely condemned EVs, saying that they are being forced upon consumers and that they will ruin the U.S. automotive industry. LaborOf the many issues regarding the automotive industry, officials who spoke to CNBC were nearly unanimous regarding labor: They're concerned a Harris win would continue to mean increased power for organized labor.
Persons: Bill Pugliano, Kamala Harris, Donald Trump, Joe Biden, Harris, Jefferies, Philippe Houchois, Biden, Shawn Fain, Drew Angerer, Brian Snyder, , Elon Musk's, Trump, Pablo Di Si, EVs, Harris hasn't, Peter Rawlinson, Rawlinson, That's, Trump's, USMCA, Mary Barra, hasn't, Fain Organizations: Ford, Ford Dearborn Plant, Getty, DETROIT, Motor, Great, Trump, CNBC, Trump Officials, United Auto Workers, Democratic, International Union of Painters, AFP, Republican, Reuters, Motors, Ford Motor, Chrysler, EV, Lucid, Tesla, California Air Resources, D.C, District of Columbia, Alliance for Automotive Innovation, U.S . Officials, IRA Electric, Volkswagen Group of America, Automotive, Republicans, Environmental Protection Agency, . North, North American Free Trade, Jefferies, Labor, Democratic National Convention, UAW Locations: Dearborn , Michigan, Michigan, Motor City, Great Lakes State, China, Macomb , Michigan, California, Hamtramck , Michigan, U.S, Detroit, Washington , Oregon, New York, Washington, . North American, United States, Mexico, Canada, American
He sees gaps in the launch market for Firefly's Alpha and coming MLV rockets, which slot into the middle of the small-to-heavy class of vehicles. Firefly has three main product lines: its rockets, Alpha and MLV; space tugs, called Elytra, and lunar landers, known as Blue Ghost. More rocketsThe company's fifth Alpha launch lifts off from Vandenberg Space Force Base in California in July 2024. A rendering of the MLV rocket. Firefly AerospaceKim sees Firefly as having a key advantage — "an engine that works" — in its Reaver engines that power the Alpha rockets.
Persons: Jason Kim, Firefly Aerospace Jason Kim, he's, Elon Musk's, ULA, Jeff Bezos, Kim, he'd, I'm, … I'm, what's, Firefly's, Trevor Mahlmann, Northrop, Aerospace Kim, Miranda, We've, MLV, Firefly's Alpha, Lockheed Martin, Simone Biles, we're Organizations: Firefly Aerospace, Aerospace, Boeing, Elon, Elon Musk's SpaceX, Firefly's Alpha, CNBC, Firefly, Alpha, California's Vandenberg Space Force Base, Industrial Partners, Vandenberg Space Force, SpaceX, Lockheed, Payload Services, NASA, Blue Locations: U.S, Austin , Texas, California's, California, Northrop's, Briggs , Texas
The marquee Senate race between Colin Allred and Ted Cruz could reveal a lot about Texas' identity. In total, Allred has raised more than $80 million for the Senate race, according to his campaign. AdvertisementThe electoral mapIn 2018, then-Rep. Beto O'Rourke traversed Texas during his Senate campaign and in the process visited all of the state's 254 counties. Business Insider has reached out to the Cruz campaign for comment. Advertisement"When you have a one-party rule state for so long, you can get an impression that there's no changing it," Allred told me.
Persons: Colin Allred, Ted Cruz, Cruz's, , they've, hasn't, Colin Allred —, Sen, Allred, Cruz, Donald Trump, Kamala Harris, Chuck Schumer, Roe, Wade, Harris, Beyoncé, It's, Beto O'Rourke, O'Rourke, Brandon Bell, he's, Trump, Mark, Jones, Greg Abbott, John Cornyn Organizations: Lone Star State, Service, Congressional, New York Times, Marist College, Morning, University of Houston Hobby School of Public Affairs, Senate, PAC, Democratic, Republican, NFL, US, Times, Texas, , El, Texans, Sun, Rice University, Texas Republicans, Business, Republicans Locations: Texas, Houston, Dallas, Siena, York, El Paso, Congress, Austin, San Antonio, Arizona, Georgia, Cancún, Mexico
ET, the yield on the 10-year Treasury was up by over 2 basis points at 4.304%. The 2-year Treasury yield was last up by less than 1 basis point at 4.146%. U.S. Treasury yields were higher on Tuesday, with the 10-year Treasury yield continuing to trade at multi-month highs as investors looked to upcoming economic data. On Tuesday investors will be watching out for fresh consumer confidence insights and home price data as well as the latest JOLTS job openings figures. Those are the first of a series of labor market related data releases slated for the week.
Organizations: Treasury, U.S, Federal, Traders, Fed
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