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☆ US approves $2 billion in arms sales to Taiwan including advanced missile defense system
▼ + stars: | 2024-10-28 | by ( Story The Associated Press | ) edition.cnn.com time to read: +2 min

Taipei, Taiwan AP —The United States has approved $2 billion in arms sales to Taiwan, including the first-time delivery to the self-ruled island of an advanced surface-to-air missile defense system, in a move that has drawn China’s criticism. Taiwan’s presidential office on Saturday thanked Washington for greenlighting the potential arms sales. Beijing last week held war games encircling Taiwan for the second time since Lai took office in May. The NASAMS system has been battle-tested in Ukraine and will help to strengthen the Taiwanese army’s air defense capabilities, Taiwan’s Defense Ministry said. China’s war games last week were aimed at practicing the “sealing off of key ports and key areas” around Taiwan, according to Chinese officials.

Persons: Washington, Lai Ching, Lai, ”, Karen Kuo, Sam Yeh, “ Organizations: Taiwan AP, Military, Getty, Foreign Ministry, Air Missile Systems, State Department’s Bureau, Political, Military Affairs, Taiwan’s Defense Ministry Locations: Taipei, Taiwan, United States, China, Beijing, Taiwan Strait, Pingtung county, AFP, Ukraine

☆ FEMA conspiracy theories that have stoked chaos in the South date back to the 1980s
▼ + stars: | 2024-10-27 | by ( Bruna Horvath | Bruna Horvath Is An Intern On Nbc News' Tech Team. | ) www.nbcnews.com time to read: +12 min

Unlike with the hurricane rumor response page, FEMA did not appear to respond to the rumors on its page for the wildfires. By 2009, Alex Jones, perhaps one of the most widely known modern conspiracy theorists, was promoting the false FEMA camps conspiracy theory and deriding those who attempted to debunk it. The FEMA camps conspiracy theory continued throughout the height of the pandemic after President Joe Biden signed various executive orders regarding vaccinations and testing. Ron DeSantis said the plan was “not necessary” and referred to the vaccination sites as “FEMA camps.”Although the FEMA camp conspiracy theory has been shot down again and again, Aniano believes this won’t be the last of it. “The conspiracy theory, it’s going to come up again,” Aniano said.

Persons: Helene, Milton, Hurricane Helene, “, Tiffany Walters, Wendy Billot, Ida, Emily Kask, ” Sara Aniano, Fiona, Jimmy Carter, Camille, Carter, ”, Jonathan Drake, Oliver North, Reagan, Rebecca Rouse, ” Rouse, Conspiracism, antigovernment, ’, Alex Jones, Sandy, Jade Helm, conspiracists, insurrectionists, Aniano, ” Aniano, Donald Trump, Covid, Mike DeWine, Trump’s, ” DeWine, Bill Seitz, ’ ” Seitz, Seitz, Joe Biden, Biden, Ron DeSantis, “ Something’s Organizations: Federal Emergency Management Agency, FEMA, NBC News, Defamation League’s, Extremism, NBC, USA, Southern Poverty Law Center, Center for Strategic, International Studies, U.S ., Reuters, Tulane University, Oklahoma City, U.S . Army, The New York Times, Guardian, Ohio Gov, Trump’s FEMA, Ohio Department of Health, Republican, Ohio Public, Florida Gov Locations: Hurricane, North Carolina, ”, Houma, La, Texas, New Mexico, Hawaii, Maui, Mississippi, Canton , N.C, U.S, Mexico, Washington, America, Stafford, Ohio, Florida

☆ Tommy Caldwell: He lost a finger and survived a kidnapping. Then, this pro climber took on a 9,000-foot ‘death-trap’
▼ + stars: | 2024-10-27 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +8 min

But after an agonizing Achilles injury that resulted in numerous surgeries, bolts in his foot and two years off climbing, Caldwell, then in his 40s, was worried about his future. Caldwell explains that the cycling portion of the trip helped with his rehabilitation and contributed to the adventure. You remove all expectation, it gives you the chance to do better than you think you’re going to do, and everybody else thinks you’re going to do. Tommy Caldwell climbing above Lake Louise in Banff National Park in Canada. Taylor Shaffer/National Geographic“You become addicted to it, but then, eventually, you’re going to come across things like adversity that you don’t plan.

Persons: Tommy Caldwell, –, Caldwell, Alex Honnold, Yosemite’s El, Ryan Valasek, Honnold, Taylor Shaffer, ” Caldwell, “, we’ve, Matt Pycroft, Alex, it’s, Beth Rodden, Caldwell grappled, Beth Radley, Jason Smith, John Dickey, ”, Rodden, Kevin Jorgeson, Wall, El, you’re, Achilles, We’re, ’, “ That’s Organizations: CNN, Alaska -, CNN Sport, Geographic, Islamic, of, El Capitan Locations: Yosemite’s, Alaska, Alaska - British Columbia, you’re, Colorado, of Uzbekistan, Kyrgyzstan, Kyrgyz, Patken, Lake, Banff, Canada

☆ Trump is taking his message to the heart of some of the bluest cities in the US. Here's why.
▼ + stars: | 2024-10-27 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

Trump has waded into deep blue territory to boost his candidacy among Black and Latino voters. He has sought to use this issue to cut into Harris' support among the very groups she'll need to win the presidency. This includes Black voters, who for decades have overwhelmingly backed Democratic politicians, and Latino voters, who have become less Democratic as a whole in recent years. A recent GenForward survey showed that 26% of young Black men backed Trump, compared to 58% who supported Harris. During a June debate with President Joe Biden, Trump said migrants were taking "Black jobs" and "Hispanic jobs."

Persons: Trump, he's, —, Donald Trump, Kamala Harris, Harris, there's, Anna Moneymaker, Joe Biden, Biden Organizations: Service, GOP, Democratic, Madison, Trump, Black, Biden, New York, Pew Research Center Locations: Atlanta, Detroit, Philadelphia, Manhattan, Bronx, New, Georgia , Michigan, Pennsylvania

☆ Q3 Earnings: Welcome to the ‘show me the money’ quarter
▼ + stars: | 2024-10-26 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +3 min

In what some analysts are calling the “show me the money” quarter, most of the major US tech titans will report earnings during Halloween week. “Tech companies have been spending billions on AI like kids in a candy store,” said David Laut, chief investment officer at Abound Financial. “Now investors want to see what they’re getting for their money.”Earnings season for tech got off to a strong start Wednesday evening when Tesla surprised Wall Street with better-than-expected earnings. The results sent Tesla’s shares surging more than 11% in after-hours trading, potentially setting a positive tone for next week’s parade of tech earnings. But there’s more spooking Wall Street than just tech earnings.

Persons: ”, David Laut, Tesla, Tesla’s, Jim Reid, Dan Ives Organizations: New, New York CNN, Google, Microsoft, Meta, Apple, Nvidia, “ Tech, “, ChatGPT, Reserve, Deutsche, Wedbush Securities Locations: New York, Canada, France

☆ Gold eyes weekly gains as geopolitical uncertainty boosts appeal
▼ + stars: | 2024-10-25 | by ( ) www.cnbc.com time to read: +2 min

Spot gold slipped 0.2% at $2,730.09 per ounce, as of 01:55 GMT. U.S. gold futures fell 0.2% to $2,742.80. "In the next three months, gold may reach $2,800, and from the annual perspective, it can surpass the psychologically important $3,000 barrier." The U.S. asked the Group of Seven allies to consider sanctions on Russian palladium and titanium, Bloomberg News reported. It benefits from its dual role of monetary value and as an industrial metal with growth driven by the breakneck growth of photovoltaics," said Paul Wong, market strategist at Sprott Asset Management.

Persons: Alexander Manzyuk Gold, Julia Khandoshko, Nornickel, Daniel Hynes, Silver, Paul Wong Organizations: REUTERS, Bloomberg News, ANZ, Sprott Asset Management Locations: Siberian, Krasnoyarsk, Russia, Gaza . U.S, Doha, Gaza, U.S

China's Ministry of Commerce on Thursday emphasized the country's efforts to restrict illegal exports of military goods to Russia as it seeks to cast Beijing as a neutral player amid the ongoing war in Ukraine. The term refers to goods or technologies that can be used for civilian as well as military purposes. China on Saturday unveiled an export control law for dual-use items, set to take effect Dec. 1. Despite the timing of its release, the text of China's new export control law does not mention specific countries. And Xi did not mention the export controls in during his trip to Russia, according to official statements.

Persons: Xi Jinping, Vladimir Putin, Gabriel Wildau, Xi Organizations: SZ, Technology, China's Ministry of Commerce, Atlantic Treaty Organization, Saturday, U.S Locations: Shenzhen, China, Russia, Beijing, Ukraine, Kazan, Russian, Moscow

PITTSBURGH — Inside Acrisure Stadium, home of the Pittsburgh Steelers, Minnesota Gov. “The Steelers are largely a cultural identity for the whole region,” said state Rep. Nick Pisciottano, a Democrat from Allegheny County. “I mean, Brown is the Pittsburgh Steelers’ [second] all-time leading receiver. “Former Pittsburgh Steelers are split on the Presidential election,” Ryan Clark, an ESPN personality and former Steelers safety, posted on X. For Pisciottano, the difference between Trump’s and Harris’ Steelers backers is that Harris’ have much more substantial ties to Pittsburgh and the region than Trump’s do.

Persons: Tim Walz, Will Allen, ”, Antonio Brown, Allen, deriding Walz, Donald Trump, ” Brown, Trump, Kamala Harris, Brown, Harris, Walz, Bell, Nick Pisciottano, Joe Greene, Jerome Bettis, Franco Harris, Mel Blount, Le'Veon Bell, Jim Watson, Mike Wallace, Jack Lambert, couldn’t, —, ” Allen, “, Tim ”, “ Trump, MAGA Memecoin, Sen, JD Vance, Donald Trump Jr, Alex Bruesewitz, ” Bruesewitz, It’s, he’s, Bruesewitz, Maxx Crosby, Lawrence Taylor, He’s, ” Ryan Clark, Troy Polamalu, Clark, ” Dave McCormick, ” Gregg Paladina, Josh Shapiro, Antonio Brown’s, ” Dok Harris, Franco Harris ’, they’re, Lynn Swann, Dan Rooney, Barack Obama, Rooney, … Organizations: PITTSBURGH, Pittsburgh Steelers, Minnesota Gov, Steelers, “, Super, Trump, Democrat, New York Jets, Democratic National Committee, Getty, Fame, ’ Steelers, ”, Daily, Pittsburgh Steelers ’, Kodak, NFL, Las Vegas Raiders, New York Giants, Steeler, “ Former Pittsburgh Steelers, ESPN, GOP, NBC News, Democratic Gov, Trump Steelers, Harris ’ Steelers, Pittsburgh Locations: Latrobe , Pennsylvania, Pennsylvania, Allegheny County, Latrobe , Pa, AFP, Latrobe, R, Ohio, Acrisure, Trump, Florida, “, New Castle , Pennsylvania, Pittsburgh, Ireland

☆ A former Navy SEAL says his military-style morning routine helps him stay focused as a business owner
▼ + stars: | 2024-10-24 | by ( ) www.businessinsider.com time to read: +5 min

Jocko Willink kept his Navy SEAL habit of waking up early to get an edge in the business world. He said the strict, "boring" routine helps him stay focused and prioritize his health and his work. His morning routine includes a workout, supplements, and intermittent fasting. AdvertisementThese days, his morning schedule includes:Wake up at 4:30 a.m. Skimping on sleep for a morning workout can backfire and make it harder to stay healthy and focused, some research suggests.

Persons: Jocko Willink, —, Willink Organizations: Navy, Service, Willink, Jocko

☆ Tesla shares are soaring After EV maker's earnings report. What analysts are saying
▼ + stars: | 2024-10-24 | by ( Brian Evans | ) www.cnbc.com time to read: +4 min

TSLA YTD mountain Tesla stock in 2024. Jonas reiterated his overweight rating on Tesla stock, and his price target implies 45% upside. Wells Fargo, $125 per share price target Wells Fargo isn't a buyer after the strong results, citing high valuations. His neutral rating and $250 per share price target implies roughly 17% upside ahead. Barclays, $220 per share price target Barclays had positive takeaways from the report but reaffirmed that questions remain around Tesla's artificial intelligence and full self driving initiatives.

Persons: Elon Musk, Tesla, they're, Morgan Stanley, Morgan Stanley's Adam Jonas, Jonas, Wells, Colin Langan, Langan, Goldman Sachs, Mark Delaney, Delaney, Dan Levy, Levy, John Murphy, Murphy Organizations: FactSet, Tesla, Barclays, Bank of America Locations: Texas, California, Shanghai

☆ The art market is in a correction as big spenders fade
▼ + stars: | 2024-10-24 | by ( Robert Frank | ) www.cnbc.com time to read: +5 min

The number of wealthy collectors surveyed who plan to purchase art in the next year fell to 43% from over half in 2023. The median spending on art by wealthy collectors remains stable at around $50,000 a year, according to the survey. Higher interest rates also raised the opportunity cost of buying art, since wealthy collectors could earn an easy 5% or more from cash and Treasuries. Just as in the classic-car market, the art market is going through a generational shift that's created a mismatch between supply and demand. According to the survey, the high end of the art market, or works priced at $10 million or more, was the strongest before 2022.

Persons: Andy Warhol, Jean, Michel Basquiat, Wiktor, Robert Frank, Phillips, Bonhams, Paul Donovan, Xers, they're, Donovan, Gen Xers, Gen Organizations: Art Basel, UBS Survey, UBS Global Wealth Management, Art Basel Miami Beach, Dealers, UBS Locations: London, United Kingdom, Christie's, Sotheby's, New York, East, Ukraine, Europe, China

☆ Fascism and food prices: the issues driving the last 12 days of the election
▼ + stars: | 2024-10-24 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

Audience members watch as Vice President Kamala Harris participates in a CNN Presidential Town Hall in Delaware County, Pennsylvania, on October 23. (Trump was invited but declined to participate in a CNN town hall.) … We don’t even know the people they are talking about,” Thistle told CNN’s John King after the town hall. Her performance at the town hall again showed that she’s not a natural politician. Vice President Kamala Harris speaks to voters after the town hall.

Persons: CNN —, Kamala Harris, Donald Trump, persuadable, Harris, Biden, John Kelly, Adolf Hitler, “, ” Harris, ” Trump, ” It’s, —, Trump, Rebecca Wright, Pam Thistle, trashing, CNN’s John King, that’s, King they’d, Harris —, ’ ” Harris, Anderson, hadn’t, Joe Biden, ”, she’s, Cooper, Bret Baier, he’s, Nikki Haley — Organizations: CNN, Democratic, White House, Trump, Justice Department, CNN Presidential Town Hall, Republican, trashing Trump, ” Thistle, Fox News, South Carolina Gov Locations: Washington, Delaware County , Pennsylvania, Philadelphia, Gaza, United States, American, Trump

☆ Tropical Storm Trami brings severe flooding and landslides to the Philippines, at least two dozen dead
▼ + stars: | 2024-10-24 | by ( Story The Associated Press | ) edition.cnn.com time to read: +3 min

Manila, Philippines AP —Widespread flooding and landslides set off by a tropical storm in the northeastern Philippines on Thursday left at least 24 people dead, swept away cars and prompted authorities to scramble for motorboats to rescue trapped villagers, some on roofs. The government shut down schools and offices – except those urgently needed for disaster response – for the second day on the entire main island of Luzon to protect millions of people after Tropical Storm Trami slammed into the country’s northeastern province of Isabela after midnight. A resident swims despite the strong waves caused by Tropical Storm Trami in Manila, Philippines, on October 23, 2024. Aaron Favila/APTrucks are stranded along a flooded highway in Nabua town, Camarines Sur province, south of Manila, Philippines, on October 23, 2024. In 2013, Typhoon Haiyan, one of the strongest recorded tropical cyclones in the world, left more than 7,300 people dead or missing and flattened entire villages.

Persons: Storm Trami, Kristine, Aaron Favila, Charism Sayat, Trami, Andre Dizon, Dizon, ” Dizon, Haiyan Organizations: Philippines AP, China, Getty, Tropical, Associated Press Locations: Manila, Philippines, Luzon, Isabela, Aguinaldo, Ifugao, Bicol, Quezon province, Nabua, Camarines Sur province, AFP, Guinobatan, Albay, Naga, mudflows, Mayon

☆ Here are Thursday's biggest analyst calls of the day: Tesla, Apple, Meta, IBM, Microsoft & more
▼ + stars: | 2024-10-24 | by ( Michael Bloom | ) www.cnbc.com time to read: +4 min

Here are Thursday's biggest calls on Wall Street: KeyBanc downgrades Verizon to sector weight from overweight KeyBanc downgraded the telecom provider following earnings. Jefferies initiates California Resources at buy Jefferies says the energy company has a differentiated offering. " TD Cowen reiterates Microsoft as buy The firm recommended Microsoft heading into earnings next week. Bank of America reiterates Amazon as buy Bank of America touted Amazon ahead of earnings next week. Morgan Stanley reiterates Tesla as overweight The firm says it's sticking with top pick Tesla following earnings on Wednesday.

Persons: KeyBanc, Jefferies, Bernstein, ServiceNow, TD Cowen, Wells, Susquehanna, Lisa Su, SRE, Morgan Stanley, Tesla, Rosenblatt, Apple Organizations: Verizon, " Bank of America, IBM, Bank of America, CRC, Facebook, Google, Microsoft, Deutsche Bank, Deutsche, JPMorgan, NextEra Energy Partners, NextEra Energy, AMD, Sempra Energy Locations: California, Regions

☆ McConnell says ‘MAGA movement is completely wrong’ and Reagan ‘wouldn’t recognize’ Trump’s GOP
▼ + stars: | 2024-10-23 | by ( Morgan Rimmer | ) edition.cnn.com time to read: +7 min

CNN —Senate Minority Leader Mitch McConnell delivered a scathing assessment of the modern Republican Party in an upcoming biography, saying the “MAGA movement is completely wrong” and that Ronald Reagan “wouldn’t recognize” the party today. The Republican leader eventually voted to acquit Trump during the second impeachment trial, focused on the former president’s involvement in the January 6, 2021, attack on the Capitol. However, Tackett reports that McConnell had leaned towards voting to convict at certain points. However, McConnell has endorsed Trump, and met with him back in June of this year during Trump’s meeting with Senate Republicans off the Hill. McConnell also expressed support for special counsel Jack Smith’s investigation into Trump’s actions around the 2020 election and the insurrection.

Persons: Mitch McConnell, MAGA, Ronald Reagan “, Trump, Ronald Reagan, ” McConnell, Michael Tackett, Power ”, McConnell, “ Trump, haven’t, ”, “, it’s, acquit Trump, “ I’m, he’s, Elaine Chao, Chao, Coco Chow ”, ” Tackett, Donald Trump, Donald Trump’s, JD Vance, Lindsey Graham, Sen, Rick Scott, Senate Republicans ’, Scott, Rick, Clarence Thomas “, I’m, Thomas, Thomas ’, Jack Smith’s, hasn’t, CNN’s Manu Raju, Ted Barrett Organizations: CNN, Republican Party, Associated Press, Republicans, Republican, Capitol, GOP, Kentucky Republican, Senate, Senate Republicans Locations: ”, China

☆ Democrats seize on Trump’s extremism amid latest reporting about him and Hitler
▼ + stars: | 2024-10-23 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

Trump’s alleged fixation with Hitler was also supported by material in several books, including one by CNN’s Jim Sciutto. Trump’s campaign denied the exchange about Trump and Hitler reported in The Atlantic. President Trump never said this,” campaign adviser Alex Pfeiffer said. I don’t know, I don’t know, I don’t know, I have no idea,” he said. And the 44th president reinforced Democratic warnings about Trump’s age and cognition — turning his successor’s former strategy against Biden on him.

Persons: Tim Walz, Donald Trump, pined, Hitler, Kamala Harris ’, Jeffrey Goldberg, Trump, “, John Kelly, Trump’s, CNN’s Jim Sciutto, Kelly, Walz, Harris, “ Don’t, Adolf Hitler, ”, Alex Pfeiffer, Steven Cheung, Ohio Sen, JD Vance, he’d, “ We’re, ” Vance, –, you’ve, Joe Biden, Mandel Ngan, White, Biden, MAGA, Barack Obama, lacerating Trump, Obama, —, loonier Donald Trump, ” Obama, Kamala Harris, Sarah Rice, ” Harris, he’s, didn’t, Anna Moneymaker, don’t, ” Trump, it’s, Tuesday’s Organizations: CNN, Democratic, Trump, White House, The New York Times, Army National Guard, Times, Marine, Staff, National Guard, CBS, Black Americans, New, New Hampshire Democratic, Getty, White, NBC, Doral, Latino, Trump National Doral, Club, Capitol Locations: Atlantic, Wisconsin, Minnesota, United States, The, ”, North Carolina, Ohio, Arizona, New Hampshire, Concord, AFP, Royal Oak , Michigan, Miami

☆ US intel assesses Russian operatives behind fake video trying to smear Tim Walz
▼ + stars: | 2024-10-22 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +3 min

CNN —Russian operatives created and amplified false online content attempting to smear Democratic vice presidential candidate Tim Walz, US intelligence agencies said on Tuesday. The statement was based on newly available intelligence and analysts worked over the weekend to analyze the media content, the official said. Some posts circulating the fake content on X garnered hundreds of thousands of views and were amplified by right-wing personalities. The Harris-Walz campaign has expressed concern that media coverage could amplify the false Russian claims. US intelligence officials will also be closely watching Iranian operatives after Election Day.

Persons: Tim Walz, ”, Donald Trump, Kamala Harris, Trump, Harris, Walz, “ Vladimir Putin, ” Harris, Morgan Finkelstein, “, Trump’s Organizations: CNN, Russian, Democratic, National Intelligence, Trump, Justice Department Locations: Russia, Iran

☆ The election is still incredibly close with 2 weeks to go, with warning signs for both Trump and Harris in the Sun Belt
▼ + stars: | 2024-10-22 | by ( John L. Dorman | ) www.businessinsider.com time to read: +8 min

Harris and Trump are aiming to win in the Sun Belt, but there are challenges for both candidates. AdvertisementWarning signs in the Sun BeltTrump is looking to flip Arizona and Georgia, states that he won in 2016 but lost to now-President Joe Biden in 2020. In the poll, Harris is earning the support from roughly 74% of Black voters, a robust figure. But it's well below the 88% support that Biden received from Black voters in Georgia four years ago. And the poll also showed that nearly 18% of Black voters remained undecided, in a state where Black voters could make up roughly 30% of the electorate or more.

Persons: Harris, Trump, —, Kamala Harris, Donald Trump, Dan Kanninen, Liz Cheney, Melina Mara, Harris isn't, It's, Cheney, Joe Biden, George W, Bush, Brandon Bell, Biden, Nikki Haley, Mitt Romney, Trump's, it's Organizations: Washington, Schar, Service, Republicans, Democratic, Trump, NBC, Getty, Sun, Republican, Nevada, GOP, Biden, South Carolina Gov, Black Locations: Arizona, Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, North Carolina, Pennsylvania, Nevada, Michigan , Pennsylvania, Phoenix, Atlanta

☆ Gulen, the powerful cleric accused of orchestrating a Turkish coup, dies
▼ + stars: | 2024-10-21 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +4 min

The U.S.-based cleric Fethullah Gulen, who built a powerful Islamic movement in Turkey and beyond but spent his later years mired in accusations of orchestrating an attempted coup against Turkish leader Reccep Tayyip Erdogan, has died. Since the failed coup, his movement has been systematically dismantled in Turkey and its influence has declined internationally. Soon after the 2016 coup, Erdogan described Gulen’s network as traitors and “like a cancer”, vowing to root them out wherever they are. The Turkish government said its actions were justified by the gravity of the threat posed to the state by the coup. Gulen had travelled to the United States for medical treatment but remained there as he faced a criminal investigation in Turkey.

Persons: Fethullah Gulen, Reccep Tayyip Erdogan, Gulen, Erdogan, ”, Erdogan’s Organizations: U.S, AK Party, Prosecutors, Gulen, Reuters Locations: Turkey, U.S, United States, Turkish, Erzurum, Edirne, Izmir, Turkey’s, Central Asia, Balkans, Africa, Gulen, Ankara, Pocono

☆ Street note lifts cybersecurity stocks, supports our call to own two names in sector
▼ + stars: | 2024-10-21 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

The analyst raised its price target on Palo Alto Networks to $446 (a new Street high) from $421, Check Point Software to $183 from $170, and Fortinet to $105 from $69 while naming it a top pick. There was no action on recent portfolio addition CrowdStrike because the note's focus was on network security. The Morgan Stanley note reinforces our decision to own both Palo Alto Networks and CrowdStrike. With Palo Alto Networks, it's a couple of quarters away from the beginning of a product refresh cycle. Arora Nikesh, Palo Alto Networks CEO & Chairman at the WEF in Davos, Switzerland on May 23rd, 2022.

Persons: Jim Cramer, Bonds, Morgan, CrowdStrike, Morgan Stanley's, Morgan Stanley, Lockheed Martin, Jim Cramer's, Jim, Arora Nikesh, Adam Galica Organizations: CNBC, Federal Reserve, Palo Alto Networks, Alto, Security, Logitech, Zions Bancorp, GE Aerospace, Verizon, GM, Jim Cramer's Charitable Locations: Treasuries, Palo, Davos, Switzerland

It's a good time to increase exposure to bitcoin as stocks continue hitting new records and as the U.S. presidential election draws nearer, according to Bernstein. Bitcoin is again testing $70,000, something it's done several times this year after reaching a new record above $73,000 in March. Bitcoin ETF inflows, crypto equity markets and retail trading sentiment [are] screaming 'risk-on.'" Earlier attempts led to brief forays above $70,000, but over the weekend bitcoin rose as high as $69,480, according to Coin Metrics. Their outperformance "reflects underlying bullish sentiment for the bitcoin asset class vs. the compute/energy thesis, which investors have favored so far."

Persons: Bernstein, Bitcoin, Gautam Chhugani, Harris, Trump, bitcoin, Chhugani, Mara, — CNBC's Michael Bloom Organizations: U.S, bitcoin, Metrics, Mara Holdings Locations: U.S

☆ These are Morgan Stanley's highest conviction plays for earnings season
▼ + stars: | 2024-10-19 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Here are five of Morgan Stanley's 10 highest conviction plays, which the firm sees near-term catalysts driving "a meaningful move" upward. Morgan Stanley sees a positive set up for Eaton and is forecasting beats on all key performance indicators, including Americas organic growth and margins. "Our detailed organic growth build supports steady ~8% organic growth in 2025-26, roughly ~200 bps above Consensus, which drives [mid-single digit] EPS upside and argues for multiple expansion on sustained strength," he added. Eaton is set to report third-quarter earnings on Oct. 29. His price target of $100 suggests shares could rise 29% from Friday's close.

Persons: Morgan Stanley, Michelle Weaver, Morgan Stanley's, Eaton, Chris Snyder, Ron Kamden, Keith Weiss, —, Sarah Min Organizations: CNBC Disruptor, Microsoft Locations: Eaton, Americas, 4Q24, Friday's

In Michigan, Trade Policies and the Water Crisis Loom Large for VotersGenesee County, Mich., home to Flint and the birthplace of General Motors, has been loyal to the Democratic Party for decades. In and around Flint, voters from both parties described feeling let down by corporations, especially auto companies, and by their political leaders. But interviews with more than 20 people across Genesee County also showed that voters still had doubts about Ms. Harris. I think that she is more so focused I think that she is more so focused on being a personality. Scroll to play video Muted Charles H. Knox Sr. Charles H. Knox Sr.

Persons: Dylan Luna Dylan Luna Ken Snyder Ken Snyder Charles H, Knox Sr, Charles H, Dylan Luna Dylan Luna Meredith Davis Meredith Davis, Ken Snyder Ken Snyder Corie, Michael Aversa Michael Aversa Corie, Foor Meredith Davis Meredith Davis Isabelle Snyder Isabelle Snyder Michael Aversa Michael Aversa Ken Snyder Ken Snyder Charles H, Ken Snyder Ken Snyder Meredith Davis Meredith Davis, Corie, Ken Snyder Ken Snyder Meredith Davis Meredith Davis Charles H, Knox, ”, “ It’s, “, ” “, ” It’s, I’ve, Kamala Harris, Harris, Donald J, Trump, Ken Snyder Ken Snyder Meredith Davis Meredith Davis Michael Aversa Michael Aversa Charles H, Dylan Luna, Dylan Luna Flint Board of Education Dylan Luna, Dylan Luna Flint Board of Education Dylan Luna Flint Board of Education Charles H, It’s, we’ve, ” “ MAGA, MAGA, “ MAGA, ’, Tyonna McIntyre Tyonna McIntyre, Ken Snyder Ken Snyder Michael Aversa Michael Aversa Dylan Luna Dylan Luna Michael Aversa Michael Aversa Meredith Davis Meredith Davis Isabelle Snyder Isabelle Snyder Corie, Michael Aversa Michael Aversa Meredith Davis Meredith Davis, Ken Snyder Ken Snyder Charles H, Michael Aversa Michael Aversa Charles H, “ The, Flint, Art Reyes “, Art Reyes, Bill Bain Bill Bain, Hillary Clinton, Bain, ” Mr, Mandy Christle Mandy Christle, Christle, Isabelle Snyder Isabelle Snyder Meredith Davis Meredith Davis Ken Snyder Ken Snyder Michael Aversa Michael Aversa Corie, Corie Foor Dylan Luna Dylan Luna Charles H, it’s, Dixon, Northerners, ‘, There’s, ” There’s, MaryAnn Pietrzyk, Barack Obama Organizations: General Motors, Democratic Party, “, Flint, Republican, Democratic, Black, Dylan Luna Flint Board of Education, Dylan Luna Flint Board of Education Dylan Luna Flint Board of Education, Trump, Aldi, Kroger, Auto Industry, Biden, “ The Biden, Democrats, Motors, GMC, Republicans, Benz, GM, United Auto Workers, North American Free Trade, Mr, Mason Locations: Michigan, Genesee County, Mich, Flint, ”, America, Genesee, carmaking, Canada, Mexico, American

☆ Democratic senators are crushing their GOP opponents in the money race. They're still likely to lose their majority.
▼ + stars: | 2024-10-19 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +10 min

Related storiesIn the country's nine most competitive races, Democratic candidates raised an average of 2.8 times more than Republican candidates. AdvertisementAs of now, Democratic candidates have continued to lead in polling in every state where they're on defense — except for Montana. Tim Sheehy, the GOP Senate nominee in Montana, may be benefiting from the decline of "ticket-splitting." Eric Hovde, the GOP Senate nominee in Wisconsin, has poured millions into his own campaign. Republicans' "Senate Leadership Fund" raised $115.7 million in the most recent period, while Democrats' "Senate Majority PAC" raised $119 million.

Persons: they're, —, Kamala Harris, Sen, Joe Manchin's, Donald Trump, JD Vance, Harris, they've, Democratic Sen, Sherrod Brown outraised, Bernie Moreno, Elissa Slotkin, Mike Rogers, Ruben Gallego, Kari Lake's, Ted Cruz, Colin Allred, Tommy Garcia, Philip Letsou, Jon Tester, Tester, Tim Sheehy, Sheehy, Michael Ciaglo, Trump, Democrat —, Eric Hovde, Tammy Baldwin's, Scott Olson, Dave McCormick, Moreno, There's, aren't, Brown Organizations: GOP, Service, Democratic, Senate, Republican, Democratic Rep, Republicans, Democrats, Democratic Senatorial, Committee, National Republican, Big, Montana Democrat, Trump, Democrat, Buckeye State, Jobs, Banking Committee Locations: West Virginia, Montana, Arizona, Nevada, Ohio, Texas, Harris, Democrat — Wisconsin, Wisconsin, Pennsylvania

GREEN BAY, Wis. — Vice President Kamala Harris slammed former President Donald Trump on Thursday night, chiding him for calling himself “the father of IVF.”“He refuses continuously to acknowledge the harm he has caused. The crowd heckled and howled at each of the segments, which ended with a Fox News town hall in which Trump took questions from women. "It does get more unbelievable,” one could be heard saying. She did not want to give her name, she said, because she lives in a “divided family” — her husband supports Trump. In the final stretch of the race, survey after survey has shown Harris and Trump neck and neck.

Persons: Kamala Harris, Donald Trump, chiding, “, ” Harris, Trump, Wade, incredulously, Harris ’, ”, Harris, Rallygoer Linda Patzke, Mark Cuban, ’ ” Harris, We’re Organizations: Fox News, ”, Trump, Marquette Law, Milwaukee, U.S . Capitol, Medicaid Locations: GREEN, Wis, Roe, Pittsfield , Wisconsin, Wisconsin, Green

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