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As China's biggest shopping festival of the year gets underway, analysts are starting to favor Chinese logistics companies as a way to play the online shopping trend. The JPMorgan report initiated coverage of U.S.-listed ZTO Express , which the analysts said is China's largest express parcel player with more than 20% of the market. ZTO YTD mountain ZTO Express shares in the U.S. in 2024. Morgan Stanley is less bullish, rating J & T equal-weight while citing competitive risks in China and potential challenges in Southeast Asia. "Cuts on overseas profitability outlook has weakened our investment thesis," the Morgan Stanley analysts said.
Persons: JD.com, Morgan Stanley, ZTO, Morgan Stanley's, Nomura, Jet Li, Li, Michael Bloom Organizations: JPMorgan, YTO Express, STO Express, Yunda, T Global Express Ltd, ZTO's, ZTO Express, J, T Global Express, HK, Nomura, Hong Kong, Hong, CNBC Locations: Hong Kong, U.S, China, Southeast Asia, T Global Express Hong Kong
Here are 39 quality economically sensitive stocks to buy, according to Morgan Stanley. Economically sensitive stocks, including financials and industrials, took off in anticipation of that result and caught fire after it became official. Several parts of the stock market seem to be preparing for another Trump presidency, according to Morgan Stanley. "Markets generally welcomed a reflationary playbook in 2016," Wilson wrote. AdvertisementRegardless of who's in office, Morgan Stanley outlined a list of 39 economically sensitive stocks that should do well.
Persons: Donald Trump, Morgan Stanley, , Trump, Kamala Harris, It's, Harris, Mike Wilson, Wilson, that's, it's Organizations: Service, Trump, Consumer, Federal Reserve Bank of St, Louis Locations: Financials
Artificial intelligence plays Palantir, Qualcomm and Super Micro Computer are among the 96 S & P 500 names on deck. Monday Palantir is set to report earnings after the bell, with a call scheduled for 5 p.m. This quarter: Earnings are expected to have soared more than 20% from the year-earlier period, per LSEG. Tuesday Super Micro Computer is set to report earnings after the close, followed by a call at 5 p.m. Qualcomm is set to report earnings after the close, with a call set for 4:45 p.m.
Persons: PLTR, SMCI, Ernst & Young, TD Cowen, Andrew Charles doesn't, Karen Lynch, David Joyner, Ross Seymore Organizations: Qualcomm, Apple, Microsoft, Meta, Investment, LSEG, Micro, Yum Brands, Brands, CVS, Revenue, VanEck Semiconductor, Deutsche Bank
CNN —Robert “Boo Lee” Williams was still seething days after a popular basketball coach and two assistant principals at Houston’s first two historically Black high schools were arrested in an alleged teacher certification scheme. “In fact, when he was caught red-handed in February of 2024 he was logged into one test,” Levine said. A pattern of long drives helps unravel schemeHarris County District Attorney Kim Ogg, left, and felony chief prosecutor Mike Levine announce arrests in teacher certification scheme. They then drove sometimes four or more hours to the Houston area and suddenly they were passing the test,” Levine said. “This ain’t just a Black school in Houston.
Persons: Robert “ Boo Lee ” Williams, , Williams, Jack Yates, … I’m, Kim Ogg, , Vincent Grayson, Booker T, Nicholas Newton, LaShonda Roberts, Yates, Ogg, ” Ogg, Tywana Gilford Mason, Gilford Mason, Grayson, Black, Cheryl Irvin, Irwin, It’s, Mike Levine, ” Levine, Levine, Newton, Feroz Merchant, Roberts ’, Brandon Leonard, we’ve, Roberts, Kirk Sides, Texas Education Agency “, Alexandra Elizondo, ” Elizondo, Houston Jon Shapley, Pearson VUE, ” Pearson, Allison Bazin, “ They’re, Jackie Anderson, KHOU, ” Williams, Roland Martin, Phylicia Rashad, Debbie Allen, Vincent Grayson’s Organizations: CNN, Jack Yates Senior High School, Houston Independent School District, Washington High, Prosecutors, Wilhite, HISD, Booker, Washington, Tuskegee Institute, KHOU, Houston Chronicle, Texas Education Agency, Investigators, Washington High School, State, , Houston Federation of Teachers, Yates, Locations: Ward, Texas, , ” Harris County, Harris County, Harris, Houston, , Dallas
A tourist takes a photo as the Acropolis’ Propylaea are seen in the background, in Athens, Greece, on June 28, 2024. Flights between the U.S. and Europe have not been this cheap in three years, when many countries were just lifting Covid-19 era rules. According to flight-tracking company Hopper, "good deal" fares across the Atlantic to Europe are averaging $578 in November, down from $619 a year earlier. Many airlines from financially troubled Spirit Airlines to profitable Southwest Airlines have cut flights or trimmed growth plans into next year, which has helped keep U.S. fares firm. Aircraft scarcity is also limiting airlines from adding many flights.
Persons: Brett Snyder, Hopper Organizations: U.S, Airlines, Southwest Airlines, Delta Air Lines, United Airlines, American Airlines Locations: Athens, Greece, Europe, Hopper .
CNN —The National Basketball Association is investigating reports that Philadelphia 76ers star center Joel Embiid “shoved” a columnist following the team’s loss to the Memphis Grizzlies on Saturday night. A visibly angry Embiid confronted Philadelphia Inquirer columnist Marcus Hayes as reporters entered the Sixers locker room, according to the Associated Press. Embiid reportedly continued mouthing at Hayes, who eventually offered an apology to the 76ers center. CNN has reached out to the Philadelphia 76ers, Embiid’s agent and the Philadelphia Inquirer but did not immediately hear back. “This poor conditioning apparently seems to have delayed his debut this season.”Philadelphia 76ers' Joel Embiid, top left, watches from the bench during the 76ers' game.
Persons: Joel Embiid “, , Embiid, Marcus Hayes, Hayes, Arthur, , ” Embiid, mouthing, Hayes ’, Hayes interjected, “ Joel Embiid, ” Hayes, Joel Embiid, Matt Slocum, , Marcus, I’ve, Daryl Morey, Nick Nurse, Paul George Organizations: CNN, National Basketball Association, Philadelphia 76ers, Memphis Grizzlies, Philadelphia, Sixers, Associated Press, AP, 76ers, NBA, Philadelphia Inquirer, ” Philadelphia 76ers Locations: Hayes
William Reeve is an entrepreneur who's been angel investing for the past 25 years. AdvertisementThis as-told-to essay is based on a transcribed conversation with William Reeve, 52, an angel investor based in North London. I've been a fairly active angel investor for 25 years now. I'd say the sort of people who do angel investing because their accountant suggests doing it for tax breaks aren't going to do very well. AdvertisementDo you want to share your angel investing story?
Persons: William Reeve, who's, , Reed, I've, Gabrielle Wesley, I'd, It's, Alfred Hitchcock, haven't Organizations: Service, Amazon, Fletcher Research, Mars, McKinsey Locations: North London, Dunelm, Mars Wrigley, America
And before you ask, no, he doesn't feel bad about it, especially when he pilfers from Whole Foods. AdvertisementBut there's also a lot we don't know about retail theft. "No, I don't feel bad about stealing from Jeff Bezos," one 20-something occasional shoplifter in Washington, DC, told me. "It doesn't feel like a world in which I can really get by and build a life very easily anymore, " he said. Advertisement"If most of this is happening in Walgreens and Walmart and places like that, I don't know, is it a problem?"
Persons: Carson's, he's, Carson, He's, shoplifts, Jeff Bezos, there's, it's, Joshua Jacobson, California who's, , that's, Ernesto Lopez, they've, Jeff Prusan, Joe Schmoes, they're, Keith, shoplifter, That's, Donovan, Donovan's, snagging, she's, Jacobson, Jeff Bezos isn't, David Johnston, we're, hasn't, Emily Stewart Organizations: Walmart, Foods, Amazon, National Association of, Criminal, Atlantic, Depot, Target, Guardian, National Retail Federation, Business Locations: New York, California, Washington ,, Atlanta, Texas, Illinois, Walgreens
CNN —There aren’t many world champions who didn’t know their sport existed a year before winning the title. Originally from Indianapolis, Banschbach moved to Suffolk, England, for work and took up the game entirely by chance last year. “Last fall, [I was] seeing all the conkers on the sidewalks and kind of wondering what they were,” she remembered. “It’s kind of funny because I had won on two separate occasions, and kind of joked that I was the reigning conker queen. But I specifically remember the commentator would say something like ‘Oh, we’ve never had an American winner,’” said Banschbach.
Persons: didn’t, conkers, Banschbach, “ It’s, , , “ Little, , ” Banschbach’s, Sue West, George, William, we’ve, , ’ ”, David Hodson “, Mama didn’t, David Jakins, King Conker, Kelci, David, Kelci Banschbach, David Jakins ’, Jakins, I’ll Organizations: CNN, CNN Sport, , tote Locations: Great Britain, Ireland, Indianapolis, Suffolk, England, Northamptonshire
The Cotton Annex, a landmarked federal building, is one of the latest to be transformed. The Cotton Annex building, built in 1937 just half a mile from the Washington Monument, is one of them. The US government has an independent agency, the Public Buildings Reform Board, that sells valuable but underutilized buildings, like the Cotton Annex. It also reinvented some features of the original building for a modern audience: The building's residents-only speakeasy features the original skylight once used to inspect cotton. Read on to see how the Cotton Annex was built and how it's being transformed.
Persons: Organizations: Service, Washington DC, Washington, US Department of Agriculture, Buildings Reform Board, Carmel Partners Locations: Washington, DC
Conversations around Vice President Kamala Harris, by contrast, continued to focus largely around broader and more conventional stories about her campaign. The poll, conducted by SSRS and Verasight on behalf of a research team from CNN, Georgetown University and the University of Michigan, was fielded from October 25-28. Georgetown University, University of Michigan and s3mc.org“Numerous former officers in the 2016-2020 Trump administration are sounding alarms that Trump will dismantle democracy if he’s elected,” wrote one Democratic-leaning independent. Georgetown University, University of Michigan and s3mc.orgWhen the survey asked respondents what they’d been hearing about Harris, the words “campaign,” “rally,” “interview,” “polls” and “ad” all cracked the top 10. Overall, the sentiment behind the words Americans used in describing what they’d heard about both Trump and Harris remained more negative than positive, with the sentiment around Harris continuing to dip from the earliest days of her campaign.
Persons: Donald Trump, Kamala Harris, SSRS, Trump’s, Trump, , , Arnold, , Joe Rogan, “ Trump, , Hitler, , they’d, Harris, Jennifer Agiesta, Edward Wu Organizations: CNN, Georgetown University, University of Michigan, Madison, Fame, , Trump, Beyoncé Locations: Puerto Rico, Houston
Snowflake CEO Sridhar Ramaswamy said tech firms lack transparancy about their AI hallucination rates. Snowflake CEO Sridhar Ramaswamy said AI companies would benefit from making it clear just how often that happens. Some tech moguls have defended AI hallucinations, including OpenAI CEO Sam Altman, who said that AI models that only answered when absolutely certain would lose their "magic." Anthropic cofounder Jared Kaplan said earlier this year that the end goal is AI models that don't hallucinate, but occasional chatbot errors are a necessary "tradeoff" for users. AdvertisementBaris Gultekin, Snowflake's head of AI, told Business Insider in a statement that AI hallucinations are the "biggest blocker" for generative AI to front-end users.
Persons: Sridhar Ramaswamy, , Snowflake, Logan Bartlett, Ramaswamy, Sam Altman, Altman, Jared Kaplan, OpenAI, Baris, it's, Gultekin, Claude, ChatGPT Organizations: Service, Google, AIs
I live with my husband and two teens, and we've had a Costco membership since 2014. Costco has some great deals, but sometimes buying in bulk isn't worth it for our family. I've found many of the premade meals aren't a good value, and buying cold cuts in bulk is wasteful. AdvertisementWhen I moved with my husband and then-4-year-old sons from England to Texas in 2014, one of the first things we did was get a Costco membership. I also try to remember that a Costco membership isn't free.
Persons: we've, I've, , doesn't Organizations: Costco, Service Locations: England, Texas
Amnesty said Saturday the woman had been “violently arrested” after she protested the “abusive enforcement” of the dress code at Tehran’s Islamic Azad University. The woman had previously been harassed by members of the Basij, an Iranian volunteer paramilitary group, inside the university’s grounds, according to an Iranian student social media channel, the Amir Kabir newsletter,. Iranian women can be subjected to harsh punishment, even for minor infractions. Since then, many Iranian women have protested by removing their headscarves in public. Amnesty called for the immediate and unconditional release of the Azad University student and demanded she be given access to her family and lawyer.
Persons: , , Amir Kabir, CNN hasn’t, Mai Sato, Mahsa, Amir Mahjob Organizations: CNN, Amnesty International, Amnesty, Islamic Azad University, UN, Azad University, Azad Locations: Iran, Fars, Tehran, Islamic Republic of Iran
College student Rebecca Bergmaier worked at the Grand Canyon while managing a remote internship. Bergmaier said she'd recommend working in a national park for the summer to other college students. I was looking for something in my dream park, Yellowstone National Park, which I hadn't been to yet. I would just set up my computer and do my internship work from there. I would definitely recommend other students look into spending a summer at national park.
Persons: Rebecca Bergmaier, Bergmaier, she'd, , You'd, I'd, There's, It's, it's Organizations: Service, Temple University, Xanterra Locations: Philadelphia, Pennsylvania, Yellowstone, Niagara, Arizona, Sedona, There's, East Coast
CNN —Sydney has been officially elevated to the ranks of the Abbott World Marathon Majors, becoming the seventh city to join the prestigious series. Starting in 2025, the Sydney Marathon will become the first major marathon in the Southern Hemisphere as it joins elite races in Boston, New York, Chicago, London, Berlin and Tokyo. Abbott World Marathon Majors CEO Dawna Stone said she was “thrilled” that Sydney will become the seventh major, while complimenting the hard work of the race’s organizers. In September, a record 20,272 runners finished the race, helping it clear its second consecutive assessment to become an Abbott World Marathon Major. The 2025 Sydney Marathon is scheduled for August 31, with more than 33,000 runners expected to participate, according to the New South Wales government.
Persons: Dawna Stone, , ” Stone, , Jane Flemming, ” Flemming Organizations: CNN, Abbott, Sydney Marathon, Sydney Harbour, Athletics Australia, Sydney, Cape, Marathon, New South Locations: Southern, Boston , New York, Chicago, London, Berlin, Tokyo, Sydney, Australia, Cape Town, Shanghai, New South Wales
Taiwanese Coast Guard personnel work on a vessel off the coast of Nangan Township, in the Matsu Islands on Oct. 15, 2024, a day after China conducted the "Joint Sword-2024B" military drills around Taiwan. Taiwan's defense ministry said on Sunday it had spotted 35 Chinese military aircraft, including fighters and bombers, flying to the island's south on the way to exercises in the Pacific, a second day in a row it has reported such activities. China's defense ministry did not respond to a request for comment on the missions, reported just days before Tuesday's U.S. presidential election. The United States is bound by law to provide Taiwan with the means to defend itself, and its arms sales to Taipei, including a $2 billion missile system announced last month, infuriate Beijing. Taiwan's defense ministry said that from 9 a.m. (0100 GMT) on Sunday it had detected 37 Chinese military aircraft, including J-16 fighters, nuclear-capable H-6 bombers and drones.
Organizations: Coast Guard, U.S, infuriate Locations: Nangan Township, Matsu, China, Taiwan, Pacific, Taipei, United States, infuriate Beijing
China's Premier Li Qiang to speak at import expo in Shanghai
  + stars: | 2024-11-03 | by ( ) www.cnbc.com   time to read: +1 min
Li Qiang, China's premier, delivers a special address on the opening day of the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. China's Premier Li Qiang will deliver remarks at the opening ceremony of this week's China International Import Expo, the Chinese commerce ministry said on Sunday, as Beijing seeks to show the faltering economy is open for business. Leaders from Malaysia, Uzbekistan, Slovakia, Kazakhstan, Mongolia and Serbia are among those expected for the opening ceremony and other events at the seventh import expo, which runs from Tuesday to Saturday in Shanghai, the foreign ministry said. Launched by President Xi Jinping in 2018, the expo this year is an opportunity to showcase China's opening up and reform agenda, as the world's second-largest economy faces growing global trade barriers and domestic challenges. The European Union plans to send representatives to the country soon for more negotiations regarding price commitments in their ongoing EV tariff dispute.
Persons: Li Qiang, Xi Jinping Organizations: Economic, China, European Union Locations: Davos, Switzerland, China, Beijing, Malaysia, Uzbekistan, Slovakia, Kazakhstan, Mongolia, Serbia, Shanghai, United States, Europe
CNN —A lightning strike killed 14 people during a prayer service in a refugee camp in Uganda on Saturday, authorities in the east African country said. The strike, in northern Uganda’s Lamwo district, injured 34 others, police said in a Sunday statement. Lightning strikes are particularly common in Africa’s central belt, and have occasionally caused deadly incidents in Uganda. In 2020, the BBC reported that a strike in north-west Uganda killed ten children. And in 2011, another strike killed 18 children and their teacher, Reuters reported.
Persons: ” Kituuma Organizations: CNN, BBC, Reuters Locations: Uganda, Uganda’s Lamwo, South Sudan, Lamwo District, Sudan
Megan Smyth, a 35-year-old mom, has been a single mom to triplets for 18 months. AdvertisementThis as-told-to essay is based on a conversation with Megan Smyth, mom to 3-year-old triplets. Eighteen months ago, I became the sole parent of three identical triplet toddlers — something I never thought I would say. They know to put their dirty clothes in the washing basket and washing machine. Nothing can ever prepare you for having triplets or for being the sole parent of them.
Persons: Megan Smyth, , it's, I've, They'll, It's Organizations: Service, Facebook
Nor, he said, was he motivated by the claim that UNRWA perpetuates Palestinian refugee status. AFP/Getty ImagesThe entrance to Aida Refugee Camp, near Bethlehem, in the occupied West Bank. “If they shut down UNRWA, that means there is no Palestinian refugee cause. Dawoud Abo Alkas/Anadolu/Getty ImagesAn UNRWA school in al-Am'ari Refugee Camp, in Ramallah, in the West Bank. Nur Shams refugee camp near Tulkarm, in the Israeli-occupied West Bank, after an Israeli raid in September.
Persons: Jerusalem CNN — Benjamin Netanyahu, , , Nikki Haley, , Israel –, Donald Trump’s, Netanyahu –, Trump’s, Works Agency for Palestine Refugees – Netanyahu, , Boaz, Hani Alshaer, Israel, ” –, Netanyahu, Aaron David Miller, Mick Krever, ” Philippe Lazzarini, they’re, Diana Buttu, ’ Saleh Shunnar, “ Israel, Miller, Mahmoud Issa, Deir, Abd Abu Amra, Dawoud Abo, Issam, Chris Sidoti, Nadav Tamir, , Nur Shams, Mohamad Torokman, Jerusalem –, don’t, ” Tamir, Zeena, Abeer Salman, Mohammed Al, Shira Gemer Organizations: Jerusalem CNN, US, United, UN, United Nations Relief, Works Agency for Palestine Refugees, West Bank, UNRWA, Israel Defense Forces, Qassam, Anadolu Agency, Getty, Washington Post, Assembly, CNN, Refugees, UNHCR, Reuters, Dawoud, Dawoud Abo Alkas, East, UN’s Independent International Commission of, Geneva Convention, Anadolu, J, Israel Locations: Jerusalem, Israel, American, Gaza, , Hamas, Be’eri, British, Palestine, AFP, Bethlehem, Swiss, , Deir Al, Palestinian, Gaza City, Anadolu, al, Ramallah, Lebanon, Jordan, Syria, East Jerusalem, Australian, Palestinian Territory, “ Israel, Geneva, New York, Tulkarm
"Dealing with social anxiety can be challenging, but there are several approaches that might help," the bot responded. "Cathy represents our innovative approach to leveraging technology in support of spiritual exploration," says Rev. Lorenzo Lebrija, the founding director of TryTank and an Episcopal priest. But they've designed it to help spiritual seekers talk about subjects they feel "vulnerable or defensive" about. John Brandon is a journalist who has published over 15,000 articles on social media, technology, leadership, mentoring, and many other topics.
Persons: Cathy, It's, Lorenzo Lebrija, Lebrija, Andrew Doyle, Jesus, Chatbot Eli, Gita GPT, Father Justin, they've, Elon Musk, Joshua K, Smith, I'm Cathy, Sam Altman, Thomas Telving, Richard Zhang, I've, , Rev, Doyle, Telving, John Brandon Organizations: TryTank Research, Episcopal, Episcopal Church, of, Gatorade, Google Locations: of Texas
US officials said this week that around 8,000 North Korean troops were in Russia's Kursk region. AdvertisementUkraine's Main Directorate of Intelligence has shared details about the weapons and equipment it says Moscow is arming North Korean troops with. The SVD sniper rifle, also known as the "Dragunov," is a semiautomatic Russian infantry sniper rifle "designed to engage enemy personnel and other unarmored targets at ranges up to 800 meters," according to the manufacturer Kalashnikov Group. Related storiesUkraine has previously released a video that appeared to show North Korean troops "being outfitted in Russian gear" at a Russian military training compound. It comes as Ukrainian President Volodymyr Zelenskyy called on Western allies to lift restrictions on long-range weaponry to enable Ukraine to potentially carry out preemptive strikes on the North Korean forces gathered in Russia.
Persons: , Lloyd Austin, Volodymyr Zelenskyy Organizations: Service, Directorate of Intelligence, Phoenix, Russian, Kalashnikov, US, North Korean, Ukraine, Korean Locations: Russia's Kursk, Moscow, Russia, Russian, Ukraine, Kursk
Because we forget history, we forget that the American experiment cannot succeed without constant, courageous leadership. Our nation is not inherently good and our high ideals are often eclipsed by our baser nature. We also know that if American ideals depend on a single party for their protection, then that effort is doomed to fail. I’m writing those words in the context of a presidential contest that already represents a national failure. The United States will have come within an eyelash of electing a man who tried to overturn an election to cling to power.
Persons: Kamala Harris, Donald Trump’s Locations: America, United States
CNN —Former President Donald Trump on Sunday expressed tentative support for Robert F. Kennedy Jr.’s plan to order the removal of fluoride from water supplies during a potential second Trump term, saying that it “sounds OK to me.”“Well, I haven’t talked to him about it yet, but it sounds OK to me,” Trump told NBC News. water systems to remove fluoride from public water. Exposure to fluoride above the public health recommended amount over many years can result in skeletal fluorosis, a condition that causes weaker bones and joint pain. The program based its conclusion on studies involving fluoride levels at about twice the recommended limit for drinking water. Kennedy said in an organizing call last week that Trump told him he’d oversee multiple public health agencies, including the Department of Health and Human Services and the Department of Agriculture.
Persons: Donald Trump, Robert F, Kennedy Jr, ” Trump, Kennedy, Trump, ” Kennedy, Danielle Alvarez, Alex Jones, , CNN’s Kate Sullivan Organizations: CNN, Trump, NBC News, US Centers for Disease Control, Trump White, U.S, , CDC, National Institutes, Department of Health, Human Services, Department of Agriculture Locations: ” State, New York, Michigan
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