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☆ These 5 portfolio stocks crushed the volatile market since our August Monthly Meeting
▼ + stars: | 2024-09-12 | by ( Morgan Chittum | ) www.cnbc.com time to read: +7 min

It's been a topsy-turvy stock market since the Club's August Monthly Meeting. These were two of our top performers since the August Monthly Meeting. The stock closed nearly 5% higher on the eve of the September Monthly Meeting. The S & P 500's health care sector is up 2.2% since the August Monthly Meeting, slightly outperforming the broad index's 1.8% rise in that timeframe. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: It's, We've, Eli Lilly, Estee Lauder, Jerome Powell, it's, DA Davidson, Goldman Sachs, Goldman, Andy Jassy's, TJX, Jensen Huang, Abbott, Jim Cramer's, Jim Cramer, Jim, Brendan Mcdermid Organizations: Dow Jones Industrial, Nasdaq, Investor, Federal, Procter, Gamble, Dover, Abbott Laboratories, TJX, Amazon, Micro Devices, Jackson, Bank of America, Telsey Advisory Group, JPMorgan, Oracle, Devices, AMD, Nvidia, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange Locations: seesaw, Wednesday's, U.S

☆ These are the top tech picks of UBS for rest of year, including an Nvidia alternative
▼ + stars: | 2024-09-11 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Some tech stocks are due for outperformance heading into year's end, according to UBS. Nvidia dragged other chip stocks down with it, with the VanEck Semiconductor ETF (SMH) suffering its worst day since March 2020. Wall Street is also bullish on the chipmaker, with 41 of the 50 analysts covering the name issuing a strong buy or buy rating, according to LSEG. In the IT hardware and electronics manufacturing services sector, UBS named Dell Technologies , given a PC refresh cycle and developing strength in AI optimized servers. UBS has a buy rating on the stock, and its target implies more than 48% upside from Tuesday's close.

Persons: chipmaker, Timothy Arcuri, Palantir, monetization Organizations: UBS, Nvidia, VanEck Semiconductor, Devices, AMD, Dell Technologies, DELL, P Global, Dell, Spotify

☆ Amazon is opening Fresh supermarkets after yearlong stall — but many locations remain vacant
▼ + stars: | 2024-09-11 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +9 min

In this article AMZN Follow your favorite stocks CREATE FREE ACCOUNTWorkers stock shelves at an Amazon Fresh grocery store in Seattle, Washington, US, on Thursday, May 2, 2024. As part of the Fresh store redesign, Amazon created a more colorful layout and added Krispy Kreme donut and coffee stalls. "We like the early results a lot," Jassy said on the company's first-quarter earnings call in April, referring to the revamped Fresh stores. Amazon declined to comment on the status of the Fresh stores that remain unopened. "You walk into the Amazon Fresh store in Roseville and it feels like you're in a stainless steel wine cellar," Thill said.

Persons: David Ryder, Joe Knowles, Bensalem, it's, Andy Jassy's, Jassy, CNBC it's, It's, Ted Weill, AlbaneseCormier, Weill, they've, Brent Thill, Thill Organizations: Amazon, Bloomberg, Getty, CNBC, Foods, Walmart, Jefferies, Anadolu, Mart, Shoppers, Aldi, Rancho Mirage Locations: Seattle , Washington, US, Philadelphia, Bensalem , Pennsylvania, California , Illinois, Maryland , New Jersey, Virginia, Illinois, California, Amazon's, U.S, Woodland, Los Angeles, San Mateo , California, United States, Pennsylvania , New Jersey , New York , Florida, Washington, Florida, Mirage , California, Palm Springs, Italian, Sacramento, Roseville, Amazon

☆ Hundreds of workers strike at major Samsung factory in India
▼ + stars: | 2024-09-10 | by ( Story Reuters | ) edition.cnn.com time to read: +4 min

Production at a key Samsung Electronics plant in southern India was disrupted by hundreds of employees striking for higher wages on Tuesday, as top executives sought to resolve a rare episode of labor unrest. Posters saying “Indefinite Strike” went up outside the factory near the city of Chennai, where hundreds of workers in company uniforms set up tents to shade themselves from the heat. People shop inside a store selling Samsung mobile phones and electronics at Mumbai, India on March 6, 2023. A spokesperson for Samsung India said on Monday that it actively engaged with workers “to address any grievances they may have and comply with all laws and regulations.”Around 800 workers signed a register outside the factory to record their protest. One poster outside the factory exhorted state labor officials not to support management, advising instead: “Discuss and solve demands from the labor union with union officials.”

Persons: E, Muthukumar, Francis Mascarenhas, Veera Raghava Rao, “, ”, Prabhu Ram Organizations: Samsung Electronics, Samsung, India’s, LG Electronics, Reuters, Centre of Indian Trade Unions, Samsung’s Southwest, JB, India, Samsung India, Cybermedia Research Locations: India, South Korea, Sriperumbudur, Chennai, Seoul, Samsung’s, Samsung’s Southwest Asia, Gurugram, New Delhi, Mumbai

☆ Here's how to know if your college kid actually needs 'dorm insurance'
▼ + stars: | 2024-09-10 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

Terry Vine | Getty ImagesHow dorm insurance compares to other optionsColleges and universities will often partner with different insurers to offer dorm insurance, Worters said. If parents decide to take on a dorm insurance policy, it would be billed separately from the room and board, said Worters. watch nowWhether you sign up for dorm insurance or not, your child's dorm possessions will likely be covered under your home insurance plan, according to experts. But keep in mind that dorm-specific insurance policies tend to have lower deductibles than home insurance policies, Worters said. The home insurance policy will often stretch over, so long as the kid lives in a dorm, she said.

Persons: Terry Vine, Worters, McClanahan Organizations: CNBC, Council, National Association of Insurance

☆ Workers at Samsung India plant strike, partly hitting production
▼ + stars: | 2024-09-10 | by ( ) www.cnbc.com time to read: +1 min

Samsung employs under 2,000 workers at its Sriperumbudur plant near the city of Chennai which makes refrigerators and washing machines. The strike comes after Samsung Electronics' biggest union in South Korea held a four-day strike in August demanding higher wages and bonuses after talks with management fell through. Hundreds of workers at a Samsung Electronics plant in southern India have begun an indefinite strike to demand higher wages, partly hitting production on Monday, a union leader told Reuters. E. Muthukumar, who heads the Samsung India union, said many people dressed in company uniform sat outside the plant and demanded a wage hike and better working hours. A Samsung India spokesperson said in an email the company actively engages with "workers to address any grievances they may have and comply with all laws and regulations".

Persons: Muthukumar Organizations: Samsung, Samsung Electronics, Reuters, Samsung India Locations: Chennai, South Korea, India, Samsung India, Noida, Uttar Pradesh

☆ NASA’s Europa Clipper gets the green light to launch
▼ + stars: | 2024-09-09 | by ( Ashley Strickland | ) edition.cnn.com time to read: +7 min

The approval was a relief to the Europa Clipper team after the discovery in May of a possible issue with transistors on the spacecraft. Europa Clipper carries 10 science instruments that could determine whether life is possible on another place in our solar system besides Earth. Now, Europa Clipper has been approved to launch, with no changes to the mission plan, goals or trajectory. Exploring an ocean worldWhen Curt Niebur, Europa Clipper program scientist, began working at NASA in 2003, he faced the task of pushing a Europa mission forward. Each year, the effort to get Europa Clipper designed and built has seemed more difficult, he said.

Persons: NASA’s, we’re, ”, Nicola Fox, Jupiter’s, Jordan Evans, Evans, “, ” Evans, Curt Niebur, ” Niebur, It’s, we’ve, That’s, Niebur, Laurie Leshin Organizations: CNN, Clipper, NASA, Europa Clipper, Jet Propulsion Laboratory, Johns Hopkins University Applied Physics, NASA’s Goddard Space Flight, Science, JPL, “, Juno Locations: Pasadena , California, Laurel , Maryland, Greenbelt , Maryland, flybys, Europa, gush

☆ China is going after 'empty student' consultants, who help you graduate without attending a single class for a $2,800 'relationship' fee
▼ + stars: | 2024-09-09 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Read previewChina's state broadcaster has aired a scathing report on consultants and vocational schools running "empty student status" services, which it said allow students to graduate without attending classes. According to the broadcaster, these consultants illegally registered students for three-year courses at vocational or technical schools. Several consultancy staff spoke to CCTV on camera, saying that they would use the $2,800 as a "relationship fee" for the schools. AdvertisementChina finds schools offering the same servicesThe broadcaster also published footage of staff from five schools in the same regions directly offering "empty student status." Another school's staff said the student could record their attendance through a mobile app.

Persons: — Organizations: Service, Business, China, IT Locations: Zhengzhou, Wuhan, Henan, Weibo, China

☆ Iran wants Israelis to worry that Hezbollah has a rare and powerful EMP weapon
▼ + stars: | 2024-09-08 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

Nuclear EMP pulses can travel hundreds of miles depending on their altitude of detonation, while NNEMP devices only have ranges of about 5 miles. AP Photo/Mohammed ZaatariIran does have a nuclear program, and probably could build a nuclear EMP weapon if it wanted to. But a non-nuclear EMP weapon might enable Iran to sidestep any red lines. But this raises another question: would Iran give EMP weapons to Hezbollah, its most important proxy? Giving EMP weapons to Hezbollah would risk the possibility that Israel and other nations would hold Iran responsible.

Persons: Islamic Revolutionary Guard Corps —, Mohammed Zaatari, Trump, Israel, Joseph Votel, Votel, Israel —, It's, Michael Peck Organizations: Service, Hezbollah, Lebanese, Quds Force, Islamic Revolutionary Guard Corps, Kuwaiti, Al, Force, National and Homeland Security, AP, Iranian, American, US Central Command, Middle East Institute, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Israel, Lebanon, Iran, The, Tehran, Russia, Europe, Mohammed Zaatari Iran, Iranian, Jerusalem, China, North Korea, Washington, New Jersey, Northern Israel, Beirut, Forbes

☆ How an American Airlines mechanic nearly smuggled 25 pounds of cocaine worth $250,000 into the US
▼ + stars: | 2024-09-08 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +1 min

A judge sentenced former American Airlines mechanic Paul Belloisi to 9 years for smuggling cocaine. Police found cocaine worth $250,000 in the electronics compartment of an American Airlines plane. AdvertisementA former American Airlines mechanic nearly managed to smuggle 25 pounds of cocaine into the United States worth a quarter of a million dollars — until the flight was marked for a random search. A federal judge in New York sentenced Paul Belloisi, 56, to nine years in prison Friday for charges of conspiracy to possess and import cocaine. Police discovered 10 bricks containing over 25 pounds of cocaine in the electronics compartment of an American Airlines flight at John F. Kennedy International Airport in New York City in February 2020.

Persons: Paul Belloisi, —, John F Organizations: American Airlines, Service, Police, Kennedy International, Justice Department, Business Locations: United States, New York, New York City, Montego Bay, Jamaica

☆ Hedge fund turned to a wargame to plan for a Chinese invasion of Taiwan
▼ + stars: | 2024-09-07 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

Related storiesIn the second phase of the game, soon after the Chinese invasion began, US forces were said to have engaged and stopped the Chinese amphibious assault, though China continued to bombard Taiwan. Daniel Ceng/Anadolu via Getty ImagesThis caught the hedge fund players by surprise: they had assumed EU sanctions were unlikely because of the depth of China-Europe trade, which reached $815 billion annually in 2023. The hedge fund "agreed that any room for avoiding a total divestment from China and the South China Sea was now completely lost, and market re-entry was probably many years away." The hedge fund responded by choosing to invest heavily in semiconductors manufactured in regions not affected by the war. "This would provide potential opportunities for new players to emerge in the Global South, particularly if loans can be collateralized," Knightsbridge noted.

Persons: Finley Grimble, liquidating, KSG, Daniel Ceng, Knightsbridge, Grimble, Michael Peck Organizations: Service, Business, Knightsbridge Strategic, Getty, Treasury, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: British, China, Taiwan, South China, Europe, South America, Japan, South Korea, Australia, Anadolu, South, Ukraine, Africa, East, Southeast Asia, Zimbabwe, Forbes

☆ These Americans are trying to make ‘underconsumption core’ trendy
▼ + stars: | 2024-09-07 | by ( Krystal Hur | ) edition.cnn.com time to read: +8 min

Enter underconsumption core, or a lifestyle that involves using just a small rotation of things for years rather than chasing the latest trend. Users are posting videos on TikTok showing off their underconsumption core lifestyles, with many receiving hundreds of thousands of likes. Experts say the underconsumption core trend isn’t just about maintaining a budget or wanting to get rid of stuff. Still, Americans are spendingDespite the underconsumption core trend’s popularity, spending in the US remains strong overall. Suzanne Lambert, a 32-year old consultant based in Virginia, says she canceled her subscription to a beauty box after watching underconsumption core videos.

Persons: “, ”, Megan Doherty Bea, Bea, Stanley, Diana Wiebe, Wiebe, ’ ”, Nikki Baird, Katrina Leibee, Leibee, ♬, Norah Jones Eleanor, Eleanor, June’s, Suzanne Lambert, Lambert, Scott Rick, Rick Organizations: New, New York CNN, University of Wisconsin - Madison, Savings, Kohl’s, ‘, Denver, CNN, Commerce Department, University of Michigan’s Ross School of Business Locations: New York, United States, Ohio, Utah, West Africa, Arlington , Virginia, Virginia

☆ India and Singapore agree to cooperate on chips as countries seek to strengthen partnership
▼ + stars: | 2024-09-05 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +4 min

The announcement comes during Indian Prime Minister Narendra Modi's two-day visit to the Lion City, which began Wednesday following a trip to Brunei. The next phase of the Singapore-India partnership is very promising," Singapore Deputy Prime Minister Heng Swee Keat said at the Singapore-India Forum organized by the Singapore-India Partnership Foundation, Institute of South Asian Studies and the Singapore Business Federation. "Singapore, India and the rest of Asia must continue to strengthen on economic connectivity and integration, to allow for capital, ideas and talent to find their optimal uses," he said. We want to create a bunch of Singapores in India," Modi said in a meeting with Wong. watch nowOn Wednesday, Modi and Singapore's Prime Minister Lawrence Wong visited Singaporean semiconductor and electronics company AEM, signaling their intent to increase cooperation in chips.

Persons: Narendra Modi, Brunei Sultan Hassanal, Dean Kassim, Narendra Modi's, Heng Swee Keat, Modi, Wong, Lawrence Wong, Heng, Ajit Doval, It's, Anit Mukherjee Organizations: India's, Istana Nurul, Afp, Getty, SINGAPORE —, Indian, Lion, Singapore -, India Partnership Foundation, Institute of South Asian Studies, Singapore Business Federation, U.S, International Monetary Fund, Singapore's, National, Imports, CNBC, Modi's, King's College London, Economic, Board Locations: Brunei Sultan, Istana Nurul Iman, Bandar Seri Begawan, SINGAPORE, SINGAPORE — India, Singapore, Brunei, India, Singapore - India, Asia, —, China, Germany, Japan

People walk past the logo of Samsung Electronics in Seoul on July 7, 2022. Global semiconductor and associated stocks fell on Wednesday, following a steep plunge in Nvidia's share price in the U.S. overnight. In the U.S., chipmaker Nvidia plunged more than 9% in regular trading, leading semiconductor stocks lower amid a sell-off on Wall Street. Around $279 billion of value was wiped off of Nvidia on Tuesday, in the biggest one-day market capitalization drop for a U.S. stock in history. Nvidia's value chain extends to South Korea, namely, memory chip maker SK Hynix and conglomerate Samsung Electronics.

Organizations: Samsung Electronics, Samsung Electronics Co, Nvidia, Bloomberg, Department of Justice, Facebook, SK Hynix Locations: Seoul, South, U.S, South Korea

☆ Qualcomm ramps up challenge to Intel and AMD with latest AI PC chip
▼ + stars: | 2024-09-04 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +4 min

Qualcomm took the wraps off the Snapdragon X Plus 8-core at the IFA conference in Berlin, Germany. The latest chips expand Qualcomm's Snapdragon X Series for PCs, which it launched last year. Meanwhile, Qualcomm's Snapdragon X Series is built on architecture from British chip designer Arm , allowing the processors to run complex applications with good energy-efficiency. A number of major PC makers have adopted Qualcomm's Snapdragon X series chips for their devices. Companies like Lenovo have launched Copilot+ PCs based on Qualcomm chips and Windows operating system.

Persons: Cristiano Amon, Amon, Neil Shah, Qualcomm's, Shah, Ramon Costa Organizations: Qualcomm, Intel, IFA, Samsung, Microsoft, CNBC, Counterpoint Research, Mobile, Windows, Lenovo Locations: Berlin, Germany, U.S

☆ LL Flooring is going out of business
▼ + stars: | 2024-09-04 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —LL Flooring, formerly known as Lumber Liquidators, is going out of business after the bankrupt company failed to find a buyer to rescue the 30-year-old retailer. As a result, LL Flooring will liquidate. LL Flooring started out as Lumber Liquidators about three decades ago as a company that bought and sold excess inventory. LL Flooring had more than 400 locations at its peak in 2018. LL Flooring changed its name from Lumber Liquidators in 2021 following a controversial few years.

Persons: ”, Mitchell, Bob Williams, Conn’s, Lots Organizations: New, New York CNN Locations: New York

☆ Tesla Cybertruck is in a category of its own for better or worse
▼ + stars: | 2024-09-03 | by ( Michael Wayland | ) www.cnbc.com time to read: +11 min

In this article TSLA Follow your favorite stocks CREATE FREE ACCOUNTA Tesla Cybertruck in front of a graffiti mural on Aug. 28, 2024 in Detroit. Those were all words used to describe the Tesla Cybertruck during a 24-hour rental of the vehicle in metropolitan Detroit. Fronts of the Ford F-150 Lightning, Tesla Cybertruck and GMC Sierra Denali EVs (left to right). The Tesla Cybertruck is unveiled at Tesla's design studio on Nov. 21, 2019, in Hawthorne, Calif. A Tesla Cybertruck in front of a graffiti mural on Aug. 28, 2024 in Detroit.

Persons: Tesla, Michael Wayland, It's, Terry Woychowski, Elon Musk Organizations: CNBC, Ford, Chevrolet, Tesla, GMC Sierra Denali, YouTube, General Motors, Ford Motor, Rivian Automotive, Hummer, Renaissance Center, Tech, GMC, Caresoft, GMC Hummer, GM Locations: Detroit, Chevrolet El, Hawthorne , Calif

☆ Best Buy shares surge on profit beat and guidance hike
▼ + stars: | 2024-08-29 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +4 min

People walk into a Best Buy store in a Brooklyn mall on August 29, 2023 in New York City. Best Buy raised its fiscal-year profit guidance Thursday after exceeding earnings and revenue expectations for the most recent quarter. Shares of Best Buy jumped more than 15% in morning trading Thursday. Best Buy has been in the midst of an attempted turnaround in response to a two-year sales slump. "We capitalized on demand driven by our customers' desire to replace or upgrade their products, combined with new innovation," Barry said during the company's earnings call.

Persons: Matt Bilunas, Corie Barry, Barry Organizations: LSEG, Apple, Microsoft Locations: Brooklyn, New York City

☆ Why Cramer advises against running out to buy Nvidia's post-earnings stock dip
▼ + stars: | 2024-08-28 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

Jim doesn't see a need to step in first thing Thursday morning and buy the dip. Through its Nvidia AI Enterprise service, Nvidia is in the process of building out a potentially massive software business. Quarterly commentary During Nvidia's fiscal second quarter, better-than-expected sales were driven by strength in all key segments, including a Data Center segment revenue record. Regarding China, Kress said, "Data Center revenue in China grew sequentially in Q2 and is a significant contributor to our Data Center revenue. Guidance Taking a closer look at guidance, Nvidia's fiscal third quarter may not have beaten the Street's estimates by the magnitude some were hoping for, but it's far from disappointing.

Persons: Lindy, Triple Lindy, Jensen Huang, Hopper, Blackwell, Jim Cramer, Jim doesn't, Colette Kress, Kress, it's, inferencing, ChatGPT, Cloud prem, Nvidia Isaac, Jim Cramer's, Jim, Andrej Sokolow Organizations: Nvidia, Revenue, Triple, Moore's, Hopper, Blackwell, Amazon Web Services, Google, Enterprise, Devices, Intel, Apple, Data Center, Networking, Management, Data, Centers, Automotive, Siemens, Nvidia Blackwell, Mercedes, Benz, Nvidia Omniverse, CNBC, Getty Locations: China, Boston, Silicon Valley

☆ Do you need a glucose monitor? Wellness enthusiasts are using diabetes arm patches to take control of their blood sugar
▼ + stars: | 2024-08-24 | by ( ) www.businessinsider.com time to read: +11 min

Jacobs started monitoring changes to her blood sugar with the help of a device called a continuous glucose monitor — an increasingly trendy wearable. Continuous glucose monitors, or CGMs for short, were FDA-approved in 1999 for people with diabetes to keep constant tabs on their blood sugar levels. Your blood sugar level measures how much glucose is in your blood, which comes from breaking down carbohydrates you eat for energy. After reading about how age-related hormone changes can affect blood sugar, she started tracking hers, and noticed a pattern. Research doesn't support the fear that rising blood sugar after a meal is cause for concern in otherwise healthy people.

Persons: —, Tracey Jacobs, Jacobs, Dr, Casey Means, CGMs, Gayle Pagano, Pagano, they're, she's, Means, Dane Cronin, Groove, David Klonoff, Jonathan Little, Klonoff, wearables, Little Organizations: Service, Business, FDA, Companies, CGMs, University of British Columbia, Research Locations: Florida, Nutrisense, prediabetes, San Mateo , CA

SKIP AHEAD What to buy during Labor Day sales | What Labor Day sales to skip | When do Labor Day sales start? One of the categories experts recommend watching for the strongest Labor Day sales is summer clothing and shoes. Labor Day sales typically end once the holiday is over or the day after, says Shand. Expert shopping tips: How to make the most of Labor Day salesTo prevent yourself from making impulse purchases and overspending while shopping Labor Day sales, keep the following expert tips in mind. For this article, I interviewed three experts about what to shop during Labor Day and what sales to skip.

Persons: Bella Gerard, ”, You’ll, Mackenzie Shand, Vipin Porwal, Gerard, Shand, “, it’s, It’s, you’ll, isn’t, TikTok Organizations: Labor, NBC, Manufacturers, Labor Day, Target, Walmart, Home, Amazon Prime, Amazon, Facebook, Twitter Locations: Rakuten

☆ Lucy Guo's second act: After the 29-year-old left Scale AI, she has the 'itch to build' something new
▼ + stars: | 2024-08-23 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +10 min

But Lucy Guo, the 29-year-old cofounder of data labeling startup Scale AI blurs the line between the two archetypes. Yet this is the persona many have come to know since Guo left Scale AI in 2018. But, midway through the program, they pivoted again, this time to what would eventually become Scale AI. Lucy GuoThe idea of Scale AI came from a suggestion by one of their YC roommates, who proposed creating an "API for humans." Advertisement"The itch to build"After Scale AI, Guo decided to apply her learnings to a new entrepreneurial opportunity: investing.

Persons: —, Lucy Guo, Billie Eilish, Charlie XCX, Guo, she's, Adam D'Angelo, Alexandr Wang, Alex, Wang, Guo's, Cruise, Dave Fontenot, Kylie Jenner's lipsticks, Jake Paul's, Passes Organizations: Service, Business, Fry's Electronics, Carnegie Mellon University, Thiel, Facebook, Multicoin, Bond Locations: Miami, Fremont , California, San Francisco, China, hackathons, Quora

☆ Fed Chair Powell checks the box, and our rate sensitive stocks react accordingly
▼ + stars: | 2024-08-23 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

In recent weeks, Wall Street has placed greater emphasis on jobs data as investors try to gauge the health of the U.S. economy. As we've seen at various points this summer, political developments may also be influencing moves on Wall Street. 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, Jerome Powell's, Powell, Stanley Black, Decker, Jim, It's, chipmaker's, Kamala Harris, Harris, Jim Cramer's Organizations: CNBC, Federal, Jackson, Decker, Nvidia, Blackwell, Democratic National Convention, Jim Cramer's Charitable Locations: U.S

☆ Mike Lynch, man once dubbed 'Britain's Bill Gates,' dies at age 59
▼ + stars: | 2024-08-22 | by ( Ryan Browne | ) www.cnbc.com time to read: +9 min

Mike Lynch, 59, is the founder of enterprise software firm Autonomy. Dominic Lipinski | PA Images | Getty ImagesDuring the course of the trial, Lynch took the stand in his own defense. He became a key voice supporting the U.K. technology industry, backing key names like cybersecurity firm Darktrace and legal tech firm Luminance. Mike Lynch, founder of software firm Autonomy, at the company's headquarters in, Cambridge, U.K., Aug. 24, 2000. Bryn Colton | Hulton Archive | Getty Images"I keep rare breeds," Lynch told LeadersIn in a 2016 interview.

Persons: Mike Lynch, Hewlett Packard, Chris Ratcliffe, Lynch, —, Angela Bacares —, Bacares, Hannah, Bill Gates, Graham Barclay, David Tabizel, Richard Gaunt, Thomas Bayes, Dominic Lipinski, Autonomy's, Stephen Chamberlain, Sushovan Hussain, Hussain, Thoma, Bryn, LeadersIn Organizations: Autonomy, Hewlett, Bloomberg, Getty, LONDON, CNBC, Sky News, Bancroft's, British Industry, University of Cambridge, Lynett Systems, Cambridge, South Yorkshire Police, Cambridge Neurodynamics, HP, U.S, Packard, Prosecutors, Capital Management, Thoma Bravo, BBC, Council for Science, Technology, Forbes, East Anglian Times, The Times Locations: Sicily, U.S, Porticello, Palermo, Italy, Ilford, East London, Chelmsford, English, Essex, Woodford Green, London, Cambridge, Britain, Suffolk, Bryn Colton, England

The World, a luxury liner, has many descriptions, but "cruise ship" is not one of them, said resident Jim Minarik. "The only thing that's similar between the world and a cruise ship is they float on the water," he said. Minarik and his wife bought their apartment in 2020 with plans to spend one to two months a year on the ship. Source: The WorldYet money is not a big topic aboard The World, Minarik said. Wong said that while other companies have tried, The World is still the only ship of its kind.

Persons: Jim Minarik, we're, Minarik, Eddie Wong, Wong, There's, I'd Organizations: CNBC, CNBC Travel Locations: Singapore, Antarctica, French Polynesia, Easter, Amalfi Coast, Australia's Kimberley, Papua New Guinea, Solomon, South America, South Africa, Cape Town, Orange County , California, Africa's, Penola Strait

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