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☆ Colin Allred is in a tight race with Ted Cruz. Here's how he's planning to become Texas' first Democratic senator in decades.
▼ + stars: | 2024-10-29 | by ( John L. Dorman | ) www.businessinsider.com time to read: +8 min

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

☆ Vista's Robert Smith: How to prevent AI from further widening the racial wealth gap
▼ + stars: | 2024-10-29 | by ( Robert Smith | Ceo Of Vista Equity Partners | ) www.cnbc.com time to read: +5 min

For example, according to a recent McKinsey study, Black Americans are 10% more likely to be working jobs slated for AI automation. If current trends hold, the new wealth created by GenAI alone will increase the racial wealth gap by $43 billion annually, according to McKinsey. That begins with infrastructure that supports AI enablement for all, including education on AI tools, access to the internet and power to compute. SFI has been working hard to close the digital divide in Black communities, including Historically Black Colleges and Universities (HBCUs), 82% of which reside in broadband deserts. This work is bridging access gaps and ensuring that underrepresented talent thrives in the rapidly growing and in-demand field of AI.

Persons: Goldman Sachs, GenAI, Robert Solow, SFI Organizations: Istock, McKinsey, Initiative, Black Colleges, Universities, Vista Equity Partners, Morehouse College Locations: U.S, Black

☆ Big Tech stocks have a high earnings bar to clear
▼ + stars: | 2024-10-29 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Overall S & P 500 profit growth is tracking below what analysts anticipated heading into the reporting period. Still, the S & P 500 is less than 1% below a record high reached earlier this month. Solita Marcelli, UBS Global Wealth Management chief investment officer for the Americas, also warned that high valuations could be a problem for megacap tech stocks as earnings roll out. Technical patterns based on price charts aren't too favorable, either, heading into megacap tech earnings. The Technology Select Sector SPDR Fund (XLK) in June hit its highest level relative to the S & P 500 since March 2000 , when the dot-com bubble peaked.

Persons: Solita Marcelli, Marcelli, Wells Fargo Organizations: Google, Microsoft, Apple, Nasdaq, UBS Global Wealth Management, Netflix Locations: Americas

☆ As World Series dream slips away, a reality check awaits Yankees, Aaron Judge
▼ + stars: | 2024-10-29 | by ( Ken Rosenthal | ) www.nytimes.com time to read: +8 min

But in reality, the Yankees’ embarrassing performance in the World Series is a systemwide breakdown. They’re not getting away with it against the Los Angeles Dodgers in the World Series. It’s been a rough World Series for the Yankees’ Jazz Chisholm and Aaron Judge. And the Yankees actually should be capable of winning one with the Dodgers planning a bullpen game Tuesday night. Defensive miscues by right fielder Juan Soto and second baseman Gleyber Torres haunted the Yankees in Game 1.

Persons: Aaron Judge, They’re, It’s, Juan Soto, Soto, Aaron Boone, Brian Cashman, Jack Flaherty, Tommy Edman, Michael Kopech, Chisholm, Mark Leiter Jr, Flaherty, Jazz Chisholm, Wendell Cruz, Babe Ruth, Yogi Berra, Reggie Jackson, Derek Jeter, Judge, Shohei, “, Chris Kirschner, I’m, Dave Roberts, Clarke Schmidt, Freddie Freeman, Alex Verdugo, Verdugo, it’s, we’re, ”, let’s, Gleyber Torres, Vincent Carchietta, Teoscar Hernández, Freeman, Carlos Rodón, Walker Buehler, Edman, Mookie Betts, Giancarlo Stanton, Gerrit Cole, we’ve, Dustin Satloff Organizations: Yankees, American League, Kansas City Royals, Cleveland Guardians, AL Central, Los Angeles Dodgers, Dodgers, NL, San Diego Padres, New York Mets, Philadelphia Phillies, Milwaukee Brewers, AL, Royals, Guardians, Force Locations: Los Angeles

☆ Supreme Court rules RFK Jr. will appear on Michigan and Wisconsin ballots despite suspending campaign
▼ + stars: | 2024-10-29 | by ( John Fritze | ) edition.cnn.com time to read: +1 min

CNN —The Supreme Court declined Tuesday to let Robert F. Kennedy Jr. withdraw his name from ballots in Michigan and Wisconsin, battleground states where votes for his now suspended campaign could cut into support for former President Donald Trump. Kennedy, who left the presidential race in August and endorsed Trump, urged the Supreme Court in an emergency appeal to force the states to yank his name from the ballots. The Supreme Court handed down its decision without further explanation, which is common on its emergency docket. The Supreme Court also rejected that request. “This election is not merely ‘imminent,’ it is already underway, and voters are already voting,” Michigan officials had told the Supreme Court.

Persons: Robert F, Kennedy Jr, Donald Trump, Kennedy, Trump, yank, Neil Gorsuch Organizations: CNN, Supreme Court, Michigan, ”, Supreme Locations: Michigan, Wisconsin, New York, “, ” Michigan

☆ Buy this advertising tech stock poised to rally more than 25%, Wells Fargo says
▼ + stars: | 2024-10-29 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

It's time for investors to consider scooping up shares of The Trade Desk as it captures more advertising spending, according to Wells Fargo. Analyst Alec Brondolo initiated coverage of the advertising technology stock with an overweight rating, saying that new partnerships should boost estimates. He also placed a $150 price target on Trade Desk, which implies upside of 26%. "We forecast a meaningful benefit from unlocking Roku/Netflix inventory in 2025 /2026, leaving our revenue estimates 6% / 8% ahead of consensus, respectively," he wrote. The Trade Desk should also benefit from ads on Prime Video, a move Brondolo thinks is stimulating growth in the connected TV industry.

Persons: Alec Brondolo Organizations: Netflix, Prime, CTV Locations: Wells Fargo

☆ UBS believes AI story is still in the 'early innings' and these are the stocks to play it
▼ + stars: | 2024-10-29 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

"We believe we are still in the early stages of the AI growth story," UBS equity strategist Sundeep Gantori wrote in a Monday note to clients, noting the launch of ChatGPT in 2022 as an inflection point for AI adoption. "The company should benefit from healthy user engagement, improving monetization of Reels, and longer-term monetization of Instagram and WhatsApp offer longer-term opportunities," UBS wrote. Moving forward, UBS sees a favorable risk/reward profile for the name, citing steady iPhone growth and strong growth in its services, among others, as catalysts. UBS thinks this early adopter of AI applications is still "well placed" to benefit from use cases that are relevant to the industry. "While we agree that rising competition will result in some subscriber churn, we expect Netflix to continue to report strong growth globally."

Persons: Sundeep Gantori, Gantori, AAPL, INTC Organizations: UBS, Nvidia, Reality Labs, Apple, Intel, Apple Intelligence, Netflix

☆ Oracle announces new AI-powered electronic health record
▼ + stars: | 2024-10-29 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +4 min

Oracle's new offering could help boost its position within the fiercely competitive EHR market, where it has struggled to maintain its footing in recent years. It's almost like having your own resident," Seema Verma, executive vice president and general manager of Oracle Health and Life Sciences, told CNBC in an interview. Ideally, this will allow doctors to spend less time searching through records and more time caring for patients, Oracle said. An electronic health record, or an EHR, is a digital version of a patient's medical history that's updated by doctors and nurses over time. The new EHR has been in the works since Oracle acquired Cerner, but it was not built on top of Cerner's existing infrastructure, Verma said.

Persons: It's, Seema Verma, Oracle's, Oracle, it's, Verma, Uliyar Organizations: Oracle, Epic Systems, KLAS Research, Oracle Health, Life Sciences, CNBC

☆ Google's new CFO makes earnings call debut, says company can 'push a little further' on cost cuts
▼ + stars: | 2024-10-29 | by ( Jennifer Elias | ) www.cnbc.com time to read: +3 min

For nine years, the CFO role at Google and parent company Alphabet was held by Ruth Porat, who took a giant pay package in 2015 to leave Wall Street for Silicon Valley. "But I think any organization can always push a little further and I'll be looking at additional opportunities." During the Q&A portion of the call, Evercore ISI's Mark Mahaney asked, "As you're coming in looking at this fresh, is it clear to you there are a lot of newfound cost efficiencies or ongoing cost efficiencies?" The new CFO said one way Google can find additional efficiencies is by using AI "within our own processes and how we get work done." WATCH: Google search benefiting from generative AI

Persons: Ruth Porat, Porat's, Anat Ashkenazi, Sundar Pichai, Ruth, Sundar, Ashkenazi, Eli Lilly, Porat, There's, Pichai, Askenazi, Evercore, Mark Mahaney Organizations: Google, Tuesday Locations: Silicon Valley

“Make no mistake, an attack on a ballot box is an attack on our democracy and completely unacceptable,” Oregon Secretary of State LaVonne Griffin-Valade said Monday. All ballot boxes in Multnomah County and Clark County have fire suppressant installed, election officials said during a news conference Monday. Voting in Oregon and Washington is done almost entirely by mail or ballot drop off. Enhanced ballot box securityA damaged ballot drop box is displayed during a news conference at the Multnomah County Elections Division office on Monday in Portland, Oregon. Following the ballot box fires, Gluesenkamp Perez requested overnight law enforcement patrols at drop boxes through Election Day.

Persons: LaVonne Griffin, Valade, ”, Steve Hobbs, “, Jenny Kane, Tim Scott, Greg Kimsey, Kimsey, Scott, ” Jay Riestenberg, John Burnside, ” Burnside, They’ve, Burnside, “ It’s, ” “, Mike Benner, Amanda McMillan, Jay Inslee, Jessica Vega Pederson, Tina Kotek, Inslee, Marie Gluesenkamp Perez, Gluesenkamp Perez, CNN’s Kaitlan Collins, I’m, ” Larry Olson, suppressants, ” Olson, CNN’s Nicole Chavez, Taylor Romine, David Williams, Natasha Chen Organizations: CNN, US Department of Homeland Security, Division, Portland Police, Portland Police Bureau, Vancouver Police Department, US Postal Service, . Portland Police, ” Police, Volvo, Oregon Department, Driver, Vehicle Services, Washington Gov, Congressional, Rep Locations: Pacific Northwest, Portland, Vancouver , Washington, Vancouver, Oregon, Washington, Multnomah, Portland , Oregon, Multnomah County, Clark, Clark County, In Oregon, Southeast Portland, Seattle, Washington’s, American, Oregon’s Multnomah County

☆ How infrequent voters could decide the election: From the Politics Desk
▼ + stars: | 2024-10-28 | by ( The Politics Desk | ) www.nbcnews.com time to read: +8 min

By Mark MurrayThe razor-close presidential election could very well come down to this question: Will the infrequent voters who back Donald Trump by double digits actually turn out? And she carries the tiny share of voters who participated in 2022 but not 2020 by 9 points (52% to 43%). And he’s carrying the voters who didn’t partake in either 2020 or 2022 by 10 points (50% to 40%). On the other hand, NBC News recently observed a pair of focus groups of voters who didn’t participate in the 2020 election but are planning to this time around. Read more → Follow live updates from the campaign trail →That’s all from the Politics Desk for now.

Persons: Mark Murray, Donald Trump's, Donald Trump, Kamala Harris overperforms, Trump, Republicans —, Harris, “, ”, Will, —, ike D earborn, Tod, Phil, gero, ena Organizations: NBC, White House, Capitol, NBC News ’, Republicans, Trump, NBC News, ics Locations: Michigan , Pennsylvania, Wisconsin, Poli

Ballot drop boxes in Portland, Oregon, and neighboring Vancouver, Washington, were set on fire early Monday morning, police said, just over a week out from Election Day. The Portland Police Bureau said an "incendiary device" was placed inside of a sidewalk ballot box in the Central City district. At around 4 a.m. local time, about a half-hour after the reported fire in Portland, police in Vancouver also responded to a ballot box fire. Earlier this month, the Vancouver bomb squad responded to reports of a "suspicious device" near a downtown ballot box, police said. The device was "safely removed" and the ballot box itself was "not compromised," according to a news release.

Persons: Greg Kimsey, Shasti Conrad, Kimsey, Marie Gluesenkamp Perez, Donald Trump, Joe Kent Organizations: Vancouver . The Portland Police Bureau, Officers, Portland police, Unit, NBC News, Disposal Unit, FBI, Vancouver, Washington State Democratic Party, Congressional, Democratic Rep, Republican, U.S . Postal, Police Locations: Portland , Oregon, Vancouver , Washington, Portland, Vancouver ., Central City, Vancouver, Multnomah County, Clark County, Washington's, Phoenix

☆ Women's volleyball dispute touches on a broader question: How to define 'fair'
▼ + stars: | 2024-10-28 | by ( The Associated Press | ) www.nbcnews.com time to read: +8 min

One member of the women’s volleyball team at San Jose State University has signed on to being part of a federal lawsuit against the NCAA challenging the presence of transgender athletes in women’s college sports. As with other points of dispute in the struggle over gender identity and transgender rights, one thing opposing sides have in common is framing their stance as a matter of what’s fair and right. This political and cultural backdrop makes the attention surrounding the SJSU situation more understandable. Anawalt echoes such an idea — that a resolution to the “fairness” question is muddy, elusive and perhaps ultimately unanswerable. And so where do you draw the bright white line in terms of what’s fair and what’s not fair?”

Persons: ”, Bradley Anawalt, Anawalt, we’re, McKenna Dressel, Donald Trump, Kamala Harris, SJSU, hasn’t, Todd Kress, PFLAG, —, Sarah Fields, Zola Budd, we’ve Organizations: San Jose State University, NCAA, University of Washington School of Medicine, University of Nevada, SJSU, Associated Press, San, University of Colorado Denver Locations: —, States, Reno, Gilbert , Arizona, “, San Jose State, San Jose, British

The base GOP voters Trump is most focused on aren’t necessarily the same voters who are key to the coalition Snyder is trying to build. Gretchen Whitmer, and two-seat majorities in both the state House and the state Senate (Democrats also hold a majority on the state Supreme Court). “The only advantage they have is old notions,” Whitmer said last week at her own event to support state House candidates in Oakland County. All the districts he’s targeting “can swing either way,” Snyder said. Rick Snyder is openly trying to get MAGA extremists elected to the state House,” Kubitschek said.

Persons: Rick Snyder, ” Snyder, “, Donald Trump, There’s, Snyder, Kamala Harris, Fred Upton, Trump, Peter Meijer, ”, Tommy Brann, ” Paul Hudson, Hillary Scholten, Meijer, “ I’ve, ” Hudson, Mike Rogers, ’ “, Gretchen Whitmer, Whitmer, —, ” Whitmer, Geoff Robins, Joe Biden, I’ve, ‘, ’ ” Snyder, Ron Robinson, Tom Kuhn, Tommy Kubitschek, Snyder’s, It’s, MAGA, ” Kubitschek, Jennifer Conlin, Ann Organizations: Michigan Gov, GOP, Republicans, Trump, Republican, NBC News, White, Michigan’s Republican U.S, Senate, Democratic, Michigan, Getty, Pepsi, Michigan ”, Council, Brann, Affordable, Democrats, Michigan Democratic Party, ”, Republican Party Locations: WYOMING, Mich, —, Michigan, There’s, Grand, Detroit, Battle, Traverse City, Grand Rapids, ”, Lansing, Oakland County, Flint, AFP, Utica, Troy, Ann Arbor

But Trump’s remarks in his hometown, New York City, which went for more than an hour, were overshadowed by comments made by warm-up speakers in the roughly five hours before his prime-time address. It was the lesser-known speakers before Trump took the stage, however, who made big waves outside the arena. Stay on message.”The Trump campaign sought to distance itself from Hinchcliffe’s routine. His campaign has said such events are “high-impact settings” where his remarks will break through in the key battlegrounds. But that rally wasn’t at the venue simply known as The Garden, a staple in New York City and a place Trump has long wanted to campaign at.

Persons: Donald Trump, Trump’s, Kamala Harris, Trump, ”, Harris ’, “, ” Trump, Grant Cardone, Harris, ” David Rem, Tucker Carlson, Tony Hinchcliffe, María Elvira Salazar, Puerto, ” Sen, Rick Scott, Carlos Gimenez, Anthony D’Esposito, Danielle Alvarez, Robert F, Kennedy Jr, Kennedy, “ I’m, Vivek Ramaswamy, ’ ” Joe Biden, hasn’t, Ronald Reagan, Kathy Hochul, Biden, Republican hasn’t, ’ ”, John Kelly, Adolf Hitler, Hitler, Hulk Hogan, New York City’s, Eric Adams, Adams, I’ve Organizations: Madison, Black, Conservative, Trump GOP, Puerto Rico, ”, USA, Trump, New York, Republican, Democratic, Nazi, New, Democrat, Knicks, Rangers Locations: New York City, China, U.S, ”, New York, Malaysian, California, Puerto Rico, Puerto Rican, Manhattan, Colorado, Virginia, New, Madison, Hochul

☆ How a Trump or Harris presidency could impact your investments
▼ + stars: | 2024-10-28 | by ( Matthew Fox | ) www.businessinsider.com time to read: +12 min

This is the first in a five-part series about the impact both Trump and Harris presidencies could have on US consumers. To date, Trump and Harris have outlined specific policy proposals that will impact different parts of the stock market. The guide covers four specific asset classes, and is divided between the Trump and Harris impact on each. Advertisement"Our upbeat projections for the stock market in 2024 and 2025 are predicated on a view that hype over AI will continue to fuel a stock market bubble," the research firm said. And since presidential actions usually impact rates, the bond market will be shaped by what either Trump or Harris end up doing.

Persons: Harris, —, Donald Trump, Kamala Harris, Today's, they're, BofA, It's, Financials, Trump's, Trump, Peter Berezin, Joe Biden's, Bonds, Crypto, Bernstein, Gautam Chhugani, bitcoin, Chhugani, Harris Harris, she's, I'm, Larry Fink, Biden, it's Organizations: Trump, Service, Business, Wall, Bank of America, Allies, Foundation, BCA Research, Harris, Democratic, Economics, Capital, Federal, Harris Capital Economics, Federal Reserve, Bloomberg, bitcoin, BlackRock, Capital Economics, Fed Locations: China

☆ Trump unveils the most extreme closing argument in modern presidential history
▼ + stars: | 2024-10-28 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

It was exactly the kind of rhetoric that the Harris campaign believes could prompt moderate voters and disaffected Republicans to choose the vice president. Harris was in red-state Texas on Friday to highlight hardline GOP abortion policies she warns could spread countrywide if Trump wins. The CNN Poll of Polls shows no clear leader nationally with Harris at 48% and Trump at 47%. Harris’ rally will provide an emphatic exclamation point for an increasingly important theme of her campaign — that Trump represents an existential threat to American democracy. Both Trump and Harris are targeting strategic sectors of their core electorates in the final days.

Persons: Donald Trump, ”, John Kelly, Trump, Kamala Harris, ” Trump, “ Trump, Hitler, David Rem, Harris, Hillary Clinton, “ illegals, Tony Hinchcliffe, Danielle Alvarez, don’t, “, Tim Walz, she’s, Joe Biden’s, Harris ’, Harris didn’t, Kelly, Ohio Sen, JD Vance, Vance, CNN’s Jake Tapper, Nancy Pelosi, Adam Schiff, Jake Tapper, CNN “, lunatics, …, ” Vance, “ We’re, ” Harris, Michelle Obama —, ” Obama Organizations: CNN, Madison, Democratic, New, Trump, Republicans, Republican, Nazi, Sun, Capitol, The New York Times, Sunday, GOP, National Guard, California Rep, Black, House, Supreme Locations: United States, New York City, Puerto Rico, Trump’s, Manhattan, Minnesota, New York, Texas, Washington ,, Pennsylvania, Michigan, Wisconsin, North Carolina , Georgia, Arizona, Nevada, Washington, “ State, West Philadelphia, Philly

☆ Arm CEO says AI growth is being limited by finding enough talent: 'I need more engineers'
▼ + stars: | 2024-10-28 | by ( Jaures Yip | ) www.businessinsider.com time to read: +4 min

Arm CEO Rene Haas said in a recent interview that he needs more engineers to drive AI growth. Companies are aggressively recruiting top AI talent, with some offering lucrative compensation. AdvertisementThe AI train is running at full steam, but Arm CEO Rene Haas believes there's one thing they need to keep it moving — more engineers. The comments from Arm and its CEO highlight how the generative artificial intelligence boom following ChatGPT's launch nearly two years ago has led to a talent war for top AI engineers and researchers. Related storiesA limited pool of researchers and candidates with experience in areas like machine learning and data engineering has allowed AI talent to become more selective when evaluating job offers.

Persons: Rene Haas, —, Haas, Sam Altman, Mark Zuckerberg, Ram Srinivasan, JLL Organizations: Service, Bloomberg, SEC, Competition Locations: British, PwC

☆ Microsoft calls out Google for running 'shadow campaigns' in Europe to influence regulators
▼ + stars: | 2024-10-28 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft took the unusual step on Monday of publicly criticizing longtime rival Google for running "shadow campaigns" in Europe designed to discredit the software giant with regulators. "This week an astroturf group organized by Google is launching," Microsoft lawyer Rima Alaily wrote. "We've been very public about our concerns with Microsoft's cloud licensing, a Google cloud spokesperson said in an email. Google funded the Coalition for Fair Software Licensing that last year asked the U.S. Federal Trade Commission to investigate Microsoft, Alaily wrote. WATCH: Google Cloud exec says Microsoft is in violation of EU antitrust laws

Persons: Rima Alaily, Alaily, Microsoft's, didn't Organizations: Microsoft, Google, Justice Department, Group, Open Cloud Coalition, DGA, European Commission, Amazon Web Services, Amazon, Coalition for, Software, U.S . Federal Trade Commission, Cloud Infrastructure Services Locations: Europe, U.S, Monday's

☆ Ballot drop box fires under investigation in Oregon, Washington
▼ + stars: | 2024-10-28 | by ( Nicole Chavez | ) edition.cnn.com time to read: +2 min

CNN —Authorities are investigating after at least two ballot boxes were set on fire Monday morning in the Portland, Oregon, area. Police responded to a call about a fire in Portland about 3:30 a.m. Monday, the Portland Police Bureau said in a statement. An “incendiary device” was placed inside the box and security personnel extinguished the fire, officials said. A second ballot box was set on fire early Monday morning at a bus station in nearby Vancouver, Washington, according to the Vancouver Police Department. When officers arrived, they found a “suspicious device” next to the box, which was smoking and on fire, police said.

Persons: Laura Shepard, Marie Gluesenkamp Perez, Donald Trump, Republican Joe Kent Organizations: CNN — Authorities, Police, Portland Police Bureau, CNN, Vancouver Police Department, Transit Center, KPTV, Congressional, Rep, Democrats, Republican, Green Beret, Phoenix Police Department Locations: Portland , Oregon, Portland, Multnomah, Vancouver , Washington, Clark, TRAN, Vancouver, Washington’s, Phoenix

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Tesla, Spotify Walmart, Nio, Broadcom Roblox & more
▼ + stars: | 2024-10-28 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Morgan Stanley initiates FrontView REIT as overweight Morgan Stanley said the commercial real estate investment trust company is well positioned. " Morgan Stanley downgrades Global Foundries to equal weight from overweight Morgan Stanley said it sees rising competition for the semis company. " Morgan Stanley upgrades Nutanix to overweight from equal weight Morgan Stanley said the cloud computing software company is well positioned. " Morgan Stanley downgrades Ciena to equal weight from overweight Morgan Stanley said it sees a more balanced risk/reward for the networking and systems software company. Wedbush adds Roblox to the best ideas list The firm said it sees robust revenue growth ahead.

Persons: Cantor Fitzgerald, Morgan Stanley, FrontView, Baird, AAON, Canaccord, Tesla, Jefferies, NTNX, Wells, Raymond James downgrades, Wolfe, DOV, Morgan Stanley downgrades Ciena, Piper Sandler, Bowlero, Piper, Goldman Sachs, Goldman, it's bullish, Marcellus, Bernstein, SARO, Stifel downgrades, Oppenheimer, Monness Crespi Hardt, Coinbase, Stifel, it's Organizations: Nvidia, Broadcom, MU, JPMorgan, Apple, Dell, Cisco, Spotify, Honeywell, Walmart, " Bank of America, Antero Resources, Bank of America, Macquarie, China EV, Stifel downgrades Colgate, Palmolive, Colgate, Commerce, ~$ Locations: AVGO, 1H25, Dover, Appalachia, Utica, West Virginia

Ad views per household For presidential and non-presidential TV ads, Aug. 1 to Oct. 25 Ads for Harris Ads for Trump Other Dem. Ads for Harris Ads for Trump Alaska Fla. Other Dem. Hawaii Ad views per household For presidential and non-presidential TV ads, Aug. 1 to Oct. 25 Other Rep. ads Ads for Harris Ads for Trump Other Dem. Alaska Fla. Hawaii Ad views per household For presidential and non-presidential TV ads, Aug. 1 to Oct. 25 Ads for Harris Ads for Trump Other Dem. TV ad views Ads for Harris Ads for Trump Other Dem.

Persons: Harris, Idaho Conn, Mo ., Kamala Harris, Donald Trump, outspending Mr, Trump, ”, Lynn Vavreck, Ruben Gallego, Republican Kari Lake, Ted Cruz, Colin Allred, ’, Erika Franklin Fowler, ” Fowler, FiveThirtyEight, Vavreck, John Sides, Christopher Warshaw, David Broockman, Ms, Willie Horton, George H.W, Bush, Hillary Clinton Organizations: Won, Harris Ads, Trump Other, ., Ind, Delaware ., W.Va, Trump Alaska Fla, AdImpact, Comscore, Democratic, Republican, Google, Wesleyan Media, Democrat, Democrat Independent, Neb . Ohio Texas Ariz, Democrats ’, Senate, Wesleyan University, Democrat Republican, Pa, Colo ., Colo, Iowa, Health, Harris Trump Immigration, Security, ’, Republicans, Mr Locations: Maine, . Vt, Minn, N.Y, Conn, Mich, Wis . Iowa Ohio, . Pa, R.I . Ill, Del, Mo, Ky . Va . Md, N.C, Tenn, Ark, New Jersey, Delaware, S.C . Miss ., La, Fla, Georgia, Trump . Montana, Mont, N.D, Ore . Idaho, Neb, Nev . Utah Colo, Calif, Kan, Ariz . Texas Alaska Hawaii Montana, N.H . Vt, Ore, Idaho, S.D, Wis, Wyo, R.I . Iowa Ohio, Delaware . Ind, Ill . Utah Colo, Mo . Kan . Va . Ky . Md, N.M, Okla . Tenn, . Ala, Texas, Trump . Hawaii, Mass, S.D . Mich, Wyo . Iowa Ohio, Nev . Ill, Ind . Utah Colo, Mo . Kan, Texas La, Alaska Fla, Hawaii, Ala, Ariz . Texas Alaska Hawaii, Trump’s, Philadelphia, Pennsylvania, — Montana , Ohio, Pa . Wis . Ohio, . Texas, Nev, Neb . Ohio, Pa, Arizona, Alaska, Iowa, Va, Berkeley, Siena

☆ Foreign investors flock to flagship Saudi economic conference — but face less free-flowing cash
▼ + stars: | 2024-10-28 | by ( Natasha Turak | ) www.cnbc.com time to read: +6 min

A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia's capital Riyadh to attend the Future Investment Initiative (FII) forum. The kingdom's $925 billion sovereign wealth fund, the Public Investment Fund, saw its assets jump 29% to 2.87 trillion Saudi riyals ($765.2 billion) in 2023 — and local investment was a major driver. "Value meaning hiring, developing the asset management ecosystem, creating new products, bringing in talent, and investing in Saudi capital markets also. Oil prices and the Saudi economy appear to so far have stayed largely unscathed, dropping 4% early Monday after Israel's weekend strike on Iran. A key reason for that may be the rapprochement deal the kingdom signed with Iran, brokered by China, in March 2023.watch now

Persons: Nureldine, it's, Omar Yacoub, Yacoub, Fadi Arbid, Brent, Arbid, Yemen's, Israel Organizations: King Abdulaziz Conference Centre, Future Investment Initiative, Afp, Getty, Investment Initiative, CNBC, U.S, ABS Global, Public Investment Fund, Saudi, Saudi Arabia's, Amwal Capital Partners, OPEC, Eastern, Ritz, Carlton, Israel Locations: Saudi Arabia's, Riyadh, Saudi, Saudi Arabia, —, Dubai, Carlton Riyadh, Gaza, Israel, Lebanon, Iran, Tel Aviv, China

☆ He was stressed out and unfulfilled living in NYC. So, at 25, he left and moved to Bangkok to start anew.
▼ + stars: | 2024-10-28 | by ( Amanda Goh | ) www.businessinsider.com time to read: +8 min

Paul Lee, 28, left New York City to move to Thailand in 2021. Life in NYC felt competitive and materialistic, which left him feeling unfulfilled. AdvertisementFour years ago, Paul Lee, 28, left New York City to move to Bangkok. Advertisement"It's already much nicer, bigger, and cheaper than the one I was living in New York City," he added. AdvertisementEven though Bangkok is a vibrant city, the pace of life is still slower than in NYC, Lee said.

Persons: Paul Lee, —, Lee, It's, I'm, Lee isn't, there's, I've, Paul Lee . Organizations: Service, Big Apple, Business, New, Suvarnabhumi, Economist Intelligence Locations: New York City, Thailand, Bangkok, Macon , Georgia, Georgia, South Korea, New York, Thong Lo, SoHo, NYC, Jeju, Lee's, In Thailand, Pattaya, United States

“A complete jump ball,” said Dennis Lennox, a Republican strategist who works in Michigan. “Nobody really knows what will happen.”Beyond the suburbs, Republicans see opportunities to peel off traditionally Democratic voters, like Black men. Now, many Lebanese American and Palestinian American voters in Michigan say they will not vote for Harris under any circumstance. And she signaled that she believes support for Harris from Republicans like Upton could be key to the race. “This is the center of the political universe, here in Michigan.”Alex Seitz-Wald reported from Camden, Maine; Henry Gomez reported from Detroit, Michigan.

Persons: Kamala Harris, Haley Stevens, Harris, Donald Trump, “, ”, she’s, Sen, Mitt Romney, It’s, Liz Cheney, Fred Upton, Trump, Ron Robinson, “ I’ve, ” Robinson, Biden, it’s, Dennis Lennox, “ Trump, ” Lennox, Barack Obama, Pamela, Harris canvasser, —, Obama, I’ve, Liz Cheney's, Alabas, Lyin ’ Kamala Harris, ” Trump, Dick Cheney, Massad Boulos, Tiffany Trump, Boulos, Lara Trump, Trump’s, Jill Stein, ‘, Gretchen Whitmer, Upton, Tim Walz, ” Whitmer, Republicans don’t, Jennifer Conlin, Ann Arbor, “ I’m, ” Conlin, …, ’, Paul Hudson, Hillary Scholten, ” Hudson, ” Alex Seitz, Wald, Henry Gomez Organizations: DETROIT, Democratic, Democrat, Democratic Party, Republican, Utica City, Michigan House, Trump, Michigan Arab, U.S, Lebanese, Palestinian American, Lebanese American Democrat, Dearborn, Renaissance, Republican National Committee, NBC News, Republicans, ” Locations: Michigan, Gaza, Oakland County, Detroit, Bloomfield Hills, R, Utah, ”, Detroit’s Macomb County, Utica, “, LaSalle Washington, Washington, Lebanon, Dearborn, Iraq, Lebanese American, Rochester, Ann, Grand, Camden , Maine, Detroit , Michigan

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