DIRS.INFO The most relevant business & tech news

☆ Oil prices steady as China stimulus hopes fade, U.S. crude stockpiles fall
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: +2 min

General view of the Towers and oil platforms of the State oil Company of Venezuela, Venezuelan oil Company SA. Oil prices steadied on Wednesday after rising in the previous session on fading excitement for the economic stimulus in China, the world's biggest crude importer, though an industry report showing falling U.S. crude and fuel inventories supported the market. Analysts, however, warned that more fiscal help was needed to boost confidence in the world's second-largest economy, which reduced the initial impact on oil prices from the announcement. Still, declining U.S. crude oil and fuel stockpiles provided some support for the market, which has generally risen since prices fell to their lowest since 2021 on Sept. 10. U.S. oil stockpiles dropped by 4.34 million barrels last week while gasoline inventories fell by 3.44 million barrels and distillate stocks fell by 1.12 million barrels, according to market sources citing American Petroleum Institute figures on Tuesday.

Persons: Ibrahim Qubaisi, Israel, Qubaisi Organizations: State, Company, Venezuelan, Company SA, Brent, . West Texas, China, American Petroleum Institute, Hezbollah, Wednesday, Israel, Gulf Locations: Venezuela, China, U.S, East, Iran, Lebanon, Israel, Florida, Texas , Louisiana, Mississippi

☆ European markets sober up after getting a Chinese stimulus boost
▼ + stars: | 2024-09-25 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

A balcony above a trading floor inside the Euronext NV stock exchange in Paris, France, on Monday, March 13, 2023. LONDON — European stocks are expected to open in negative territory Wednesday, paring gains from the previous session on the back of Chinese stimulus measures. The U.K.'s FTSE index is expected to open 46 points lower at 8,237, Germany's DAX down 49 points at 18,924, France's CAC 40 down 27 points at 7,568 and Italy's FTSE MIB down 181 points at 33,686, according to data from IG. European stocks traded higher Tuesday, buoyed by China's central bank monetary stimulus measures with mining, technology and household goods the best-performing sectors. Positive sentiment in Europe comes after Asia-Pacific markets climbed Tuesday after Beijing's announcement of a range of policy easing measures aimed at stimulating the economy.

Persons: Germany's DAX Organizations: LONDON, CAC, IG Locations: Paris, France, Europe, Asia, Pacific

☆ New Starbucks CEO Brian Niccol commits to working with union as talks move forward
▼ + stars: | 2024-09-25 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Starbucks CEO Brian Niccol said the coffee chain is committed to bargaining in good faith with the union that represents many of its baristas, as the two sides work to craft a labor deal. He was responding to a letter from the Starbucks Workers United bargaining delegation sent a day earlier, ahead of another bargaining session between Starbucks and the union. Three years ago, Starbucks baristas started unionizing under Workers United, an affiliate of the Service Employees International Union. Niccol joined Starbucks several weeks ago, making him a newcomer to the union discussions. Today, Workers United represents more than 490 of Starbucks' U.S. cafes and more than 10,500 of its employees.

Persons: Brian Niccol, Niccol, Starbucks baristas, Chipotle Organizations: CNBC, Starbucks Workers United, Starbucks, Workers United, Service Employees International Union, burrito Locations: Lansing , Michigan, Augusta , Maine, U.S

☆ Stocks making the biggest moves midday: Flutter Entertainment, Hewlett Packard Enterprise and more
▼ + stars: | 2024-09-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: Flutter Entertainment — The sports betting stock rose more than 6% after the FanDuel parent announced a share buyback program of up to $5 billion. Hewlett Packard Enterprise — The tech stock jumped more than 5% after Barclays upgraded the firm to overweight from equal weight. KB Home reported $2.04 in earnings per share, or 2 cents short of consensus estimates, according to analysts surveyed by LSEG. Analysts had expected $1.14 in earnings per share on revenue of $176.2 million, according to FactSet. The workplace uniform company sees revenue of $10.22 billion to $10.32 billion for fiscal 2025, compared to its prior guidance of $10.16 billion to $10.31 billion.

Persons: HPE, Morgan Stanley downgrades, Adam Jonas, Ford, Bilibili, Warren Buffett's Berkshire Hathaway, Cintas, — CNBC's Sean Conlon, Yun Li, Alex Harring, Hakyung Kim, Lisa Han, Pia Singh Organizations: Hewlett Packard Enterprise, Barclays, Juniper Networks, General Motors, Ford —, JPMorgan, . Bank of America, LSEG, Trump Media & Technology Locations: Bilibili —

☆ Alex Jones’ conspiracy theory empire Infowars will be sold for parts to help pay Sandy Hook families
▼ + stars: | 2024-09-25 | by ( Hadas Gold | ) edition.cnn.com time to read: +4 min

Anyone can place a bid for Infowars, including its dubious dietary supplement store, and use the property for any reason. Nothing would prevent him from continuing to broadcast under a new owner, although he would still need to pay off the debt he owes the Sandy Hook families with any earnings he may receive. There’s also nothing stopping Jones from continuing to speak about the Sandy Hook massacre or the families. The only way Jones would be prevented from speaking about Sandy Hook entirely is through a separate settlement with the families. But even if all of Jones’ personal intellectual property is sold off along with Infowars, it’s unlikely to make more than a small dent in the amount he owes the Sandy Hook families.

Persons: Alex Jones ’, Jones, Sandy, Christopher Mattei, Sandy Hook, Alex Jones, ” Mattei, There’s, “, ” Jones, ” Organizations: New, New York CNN, Free Speech Systems, Elementary, ThreeSixty, Systems, Infowars Locations: New York, Texas, Connecticut, Sandy

☆ Whole Foods' CEO is betting that Gen Z will be down to fork out more cash for his company's groceries
▼ + stars: | 2024-09-25 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

Read previewWhole Foods' CEO has his eye on Gen Z. "Over 70% of Gen Z supports climate-friendly agriculture practices," Buechel told host Brian Sozzi about the survey findings in the interview, released on Tuesday. AdvertisementWhole Foods is not the only retail giant tailoring its offerings to suit Gen Z consumers' needs. According to the research report, 50% of the Gen Z shoppers surveyed wanted a virtual shopping assistant. "It also ties into some of the things that you find in the report which is immediacy, speed, instant gratification, especially with Gen Z, including my own daughters.

Persons: —, Jason Buechel, YouGov, Buechel, Brian Sozzi, John Mackey, Fortune, Mackey, Suresh Kumar, Zers, Kumar, Gen Organizations: Service, Yahoo, Business, Foods, Amazon

☆ Wisconsin mayor carts away absentee ballot drop box, says he did nothing wrong
▼ + stars: | 2024-09-25 | by ( Associated Press | ) edition.cnn.com time to read: +5 min

Madison, Wisconsin CNN —The mayor of a central Wisconsin city who ran for office on his opposition to absentee ballot drop boxes said Wednesday he did nothing wrong when he put on work gloves, donned a hard hat and used a dolly to cart away a drop box outside City Hall. Drop boxes were widely used in 2020, fueled by a dramatic increase in absentee voting due to the COVID-19 pandemic. Wausau, with about 40,000 people, was among the cities that did not use an absentee drop box in the August state primary. The Wausau drop box was under video surveillance but had not yet been bolted down. Wausau resident Pamela Bannister, speaking at a city council meeting Tuesday night, called for Diny to apologize and return the drop box.

Persons: Doug Diny, ” Diny, “ I’m, Donald Trump, Trump, Diny, Kaitlyn Bernarde, ” Bernarde, wouldn’t, he’s, “, ”, Anne Jacobson, Pamela Bannister, ” Bannister Organizations: Wisconsin CNN, Wausau, City, Republican Party, Republican, Stanford, MIT, Republicans, The, The Wisconsin Supreme, Wisconsin Elections, City Hall, U.S, Election Locations: Madison, Wisconsin, Hall, Milwaukee County, Waukesha County, Dodge County, Milwaukee, The Wisconsin, Wausau, Marathon County, ” The Wisconsin, City

We’ve had challenges getting the prime minister across the line. “We stay up nights trying to figure out a way to get across the line on this ceasefire and hostage deal. And we have spoken out directly about our concern when we’ve seen the prime minister not take steps that we think are necessary to get to that deal,” he said. Vice President Kamala Harris has frequently cited the importance of reaching a ceasefire and hostage deal but hasn’t detailed any new approach in reaching an agreement. “Ultimately the thing that is going to unlock everything else in that region is getting this deal done,” she said last week.

Persons: Biden, Joe Biden, State James Baker, George Mitchell’s, “, ”, Bill Burns, Antony Blinken, Brett McGurk –, Blinken, Benjamin Netanyahu, We’ve, we’re, Jake Sullivan, we’ve, Sinwar, they’re, it’ll, Kamala Harris, “ I’m, I’ve, Yahya Sinwar Organizations: CNN, Hamas, State, United Nations, State Department, CIA, MSNBC, UN Locations: Gaza, Lebanon, East, Northern Ireland, New York, Israel, United States, American, Saudi Arabia

☆ Stocks making the biggest moves premarket: KB Home, Hewlett Packard Enterprises, General Motors and more
▼ + stars: | 2024-09-25 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Rithm Capital – The real estate investing stock more than 4% after announcing a secondary offering of 30 million shares. Hewlett Packard Enterprise – The technology stock added almost 3% on the back of a Barclays upgrade to overweight from equal weight. General Motors , Ford Motor – The auto stocks fell following downgrades from Morgan Stanley's Adam Jonas due to rising China competition and a weakening U.S. consumer. The analyst downgraded Ford Motor to equal weight from overweight, while General Motors was lowered to underweight from equal weight. Shares of General Motors and Ford fell roughly 3% and 2%, respectively.

Persons: FactSet, Bilibili –, Rithm, Hewlett Packard, Morgan Stanley's Adam Jonas, —, Alex Harring, Sarah Min, Lisa Kailai Han Organizations: JPMorgan, Hewlett Packard Enterprise, Barclays, Hewlett, Worthington Enterprises, General Motors, Ford, Ford Motor, General Locations: China's, U.S, China

☆ Boeing 737 Max: FAA says workers pressured to put speed over quality
▼ + stars: | 2024-09-25 | by ( Pete Muntean | ) edition.cnn.com time to read: +3 min

Washington CNN —Boeing factory workers felt pressured to prioritize production speed over quality and said they did not receive enough training to properly perform their jobs, according to the results of a special investigation by the Federal Aviation Administration (FAA) published Wednesday. In January, a door plug blew off a 737 Max operated by Alaska Airlines shortly after takeoff. One of the more egregious examples, according to the audit, was a Boeing mechanic who used an improvised measuring device to check gaps between components. But there is still much work to be done on fixing Boeing’s safety culture, he said. “I think the safety culture change is going to be a long-term project,” Whitaker said.

Persons: Max, Mike Whitaker, ”, Whitaker, “, ” Whitaker Organizations: Washington CNN — Boeing, Federal Aviation Administration, Alaska Airlines, Boeing, Senate, Investigations, FAA, CNN, House Locations: Renton, Washington

☆ Starmer is selling Britain on gloom, and patience is wearing thin
▼ + stars: | 2024-09-25 | by ( Rob Picheta | ) edition.cnn.com time to read: +9 min

Protesters demonstrate outside the Labour Party conference venue in Liverpool against the withdrawal of the winter fuel allowance, on September 23, 2024. “It has felt a bit blunt,” a Labour Member of Parliament admitted after Starmer’s speech Tuesday, summing up the sentiment across much of conference. Unfortunately, the realities of governing are beginning to bite the Labour Party – and it is likely he will need to show some returns far sooner. Starmer’s speech was was light on fresh content but a heckler was calmly removed and the key messages were confidently delivered. But a premiership can only survive on doom and gloom for so long, and patience is already wearing thin among much of the wider party.

Persons: Keir Starmer, –, Ian Forsyth, Starmer, Taylor, “, Rachael Maskell, Sir Keir Starmer, Peter Byrne, Maskell, ”, Boris Johnson’s, ” –, Patience, Opinium, Sunak, ” James Crouch ,, Reeves, Rachel Reeves, heckler Organizations: Liverpool, England CNN —, Labour, Protesters, Labour Party, Labour Party –, Conservative, Public, Arsenal soccer, Wembley, CNN, ”, London, Tory, National Health Service, Organisation for Economic Co, Development, United Nations General Assembly Locations: England, Liverpool, Starmer’s, Opinium, Britain, New York, July’s

☆ We're trimming 3 winning stocks as the market settles into overbought territory
▼ + stars: | 2024-09-25 | by ( Zev Fima | ) www.cnbc.com time to read: +4 min

Following the trade, Jim Cramer's Charitable Trust will own 265 shares of META, decreasing its weighting to 4.4% from 4.56%. As a result, the market is now overbought, with the S & P Short-Range Oscillator climbing to 7.36% as of Tuesday's close. (Anything above a plus 4% indicates the market is overbought; anything below a minus 5% indicates the market is oversold.) META YTD mountain Meta Platforms YTD We're inclined to do some profit-taking. We upgraded Meta shares to a 1 rating on Aug. 2, and they are up roughly 17% since then.

Persons: Jim Cramer's, it's, Jim Cramer, Jim Organizations: Danaher, Federal Reserve, Nasdaq, Dow Jones, Justice, Google, CNBC Locations: China

CNN —The US government is “intensely tracking” an ongoing threat by Iran against current and former US officials, Secretary of State Antony Blinken said Wednesday. Law enforcement officials have been concerned about the persistent threat of Iran potentially attempting to assassinate former Trump officials and the former president himself, multiple sources familiar with the matter have previously told CNN. US officials have not detailed the threats against current officials, and Blinken on Wednesday did not reveal further information. Congress is considering additional money for the Secret Service as part of its effort to keep the government funded ahead of a September 30 deadline. An additional $231 million for the Secret Service is included in a continuing resolution the House could vote on as soon as Wednesday.

Persons: Antony Blinken, Donald Trump, NBC’s, ” Blinken, Trump, ”, ODNI, ” Trump, Qasem Soleimani, Kamala Harris, CNN’s Evan Perez, Zachary Cohen, Natasha Bertrand, Kylie Atwood, Kristen Holmes Organizations: CNN, Trump, National Intelligence, Military, Truth Social, Islamic Revolutionary Guard Corps, Baghdad International Airport, Service Locations: Iran, United States, U.S, Baghdad

Although he increased his price target to $150 from $130, the new price target is just around $2 higher from Tuesday's close price. — Fred Imbert 6:46 a.m.: Citi raises Roblox price target Citi is bullish on Roblox's long-term prospects in spite of some near-term rockiness. — Hakyung Kim 5:42 a.m.: Piper Sandler raises price target on Tesla Piper Sandler thinks Tesla may sell more vehicles than the firm previously expected. With this in mind, he raised his price target on Tesla shares to $310 from $300, signaling about 22% upside from Wednesday's close. TSLA YTD mountain TSLA year to date — Hakyung Kim 5:42 a.m.: Barclays upgrades Hewlett Packard Enterprise Rising demand for artificial intelligence servers will boost Hewlett Packard Enterprise shares, according to Barclays.

Persons: Piper Sandler, TD Cowen downgrades Expedia TD Cowen, Kevin Kopelman, Kopelman, EXPE, — Hakyung Kim, Morgan Stanley, Ford Morgan Stanley's Adam Jonas, Jonas, Ford, Fred Imbert, Jason Bazinet, we're, Bazinet, Roblox, Alex Straton, Straton, JPMorgan, Rodolfo Angele, Angele, Tesla Piper Sandler, Tesla, Alexander Potter, Potter, Hakyung Kim, Tim Long, HPE, Long Organizations: CNBC, Barclays, Hewlett Packard Enterprise, U.S, Ford Motor, GM, Citi, Nike, JPMorgan, Petrobras, Tesla, Hewlett, Enterprise, Juniper Networks Locations: China, U.S, Tuesday's, XLK

☆ Harris to unveil new manufacturing plans in 'pragmatic' pitch to business community
▼ + stars: | 2024-09-25 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Democratic presidential nominee and U.S. Vice President Kamala Harris speaks during a campaign event in Madison, Wisconsin, U.S., September 20, 2024. Vice President Kamala Harris plans to announce new campaign proposals focused on boosting U.S. manufacturing in a Wednesday speech at the Economic Club of Pittsburgh, according to a senior campaign official. Harris' address will outline a "pragmatic" economic philosophy rooted in capitalism, innovation and an understanding of government's limitations, rather than one "bound by ideology," the official said. In her rebuttal on Wednesday, Harris also plans to highlight her middle class upbringing and her political resume, the campaign official said. Harris will also draw on her work as vice president to deliver more capital to community banks and small businesses.

Persons: Kamala Harris, Harris, Donald Trump, Trump Organizations: Democratic, U.S, Economic Club of Pittsburgh, Republican, Democrats Locations: Madison , Wisconsin, U.S, California, United States, Savannah , Ga, Georgia

☆ Here's our counter to analyst negativity about iPhone 16 demand — plus, Nvidia jumps again
▼ + stars: | 2024-09-25 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. The Club stock kicked into high gear Tuesday on a Barron's report that CEO Jensen Huang completed a predetermined stock trading plan. 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, Jensen Huang, Wednesday's, Jeff Marks, it's, Jim Cramer's, Jim Organizations: CNBC, Treasury, Nvidia, Club, Micron, Apple, Wall Street, Apple Intelligence

☆ Beijing is no longer hiding its panic about the state of its economy
▼ + stars: | 2024-09-25 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

The measures were significant because Beijing has been holding back on a "bazooka" stimulus even though China's economy has been struggling to stage a convincing recovery post-pandemic. To be sure, this is not the first attempt China has made at boosting its economy in the past few years. However, Beijing's display of resolve also triggered market speculation that it's alarmed and panicked over the state of its economy, which is facing multiple challenges. Related storiesNotably, even on the heels of China's big stimulus announcement, most analysts also think Beijing still needs to do more to boost China's economy, particularly in boosting gloomy domestic demand. "Onshore stocks are a policy- and momentum-driven market, and policy signals don't get much clearer than this," they wrote.

Persons: —, Pan Gongsheng, Andrew Rocco, Rocco didn't, Pan, Freya Beamish, Rory Green, Anthony Sassine, Sassine, Rocco, macroeconomy, China's CSI300 Organizations: Service, People's Bank of China, Business, Lombard, Investors, Zacks Investment Research, Global Data.TS, Yahoo Finance, Data.TS Locations: China, Beijing, Swiss, London

☆ Investors are underweight Nvidia compared to the S&P 500, and it's costing them
▼ + stars: | 2024-09-25 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Institutional portfolios will continue to underperform due to a lack of adequate exposure to Nvidia and other winning technology names, UBS warned. Strategist Patrick Palfrey told clients that large-cap managers have 4.4% exposure to Nvidia, despite the artificial intelligence darling accounting for 6.6% of the S & P 500 . That is the biggest underweight position ever in Nvidia, according to Palfrey. As a result, "a continued TECH+ underweight is likely to remain a headwind for many portfolios," Palfrey wrote to clients. The latest evidence came Tuesday as the S & P 500 hit a record high , boosted by a 4% rally in Nvidia as CEO Huang finished selling shares for the time being under a preset trading plan.

Persons: Patrick Palfrey, Jensen, Palfrey, bode, Huang Organizations: Nvidia, UBS, Microsoft, Apple, Google

☆ Two major analysts called this boring telecom stock their top pick in two days
▼ + stars: | 2024-09-25 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +1 min

Just two days after Goldman Sachs named AT & T its top telecom pick, JPMorgan reiterated it as one of its best ideas. JPMorgan analyst Sebastiano Petti called AT & T a broader "value pick" as it currently trades on a valuation discount relative to other names in the sector. AT & T's ongoing fiber optic additions in its broadband businesses well position it for long-term growth, Petti added. Both Petti and Goldman Sachs analyst James Schneider highlighted a potential share buyback announcement as a positive catalyst for shares. "We expect positive wireless results and potentially a capital allocation announcement with the initiation of a buyback.

Persons: Goldman Sachs, Sebastiano Petti, Petti, James Schneider, Schneider, JPMorgan's Petti Organizations: JPMorgan, 5G Locations: Petti, Tuesday's

☆ I tried out the alpha version of ChatGPT's Advanced Voice Mode. Here's what you can expect as it rolls out this week.
▼ + stars: | 2024-09-25 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

Read previewOpenAI stunned viewers when it showed off ChatGPT's Advanced Voice Mode at its Spring Update event in May. AdvertisementOpenAI will also release five new voices to Standard and Advanced Voice Mode in addition to the four already available. I've been trying out the alpha version of Advanced Voice Mode over the last couple of weeks, so here's what you can expect once you get access. Advanced Voice Mode also didn't give the thoroughness or detail that the text mode offers. ChatGPT's Advanced Voice Mode feels a world apart from Siri or other voice assistants, which don't offer smooth back-and-forth conversations or pick up on emotion.

Persons: —, Scarlet Johanson — OpenAI, It'll, Edu, it's, I've, didn't, Siri Organizations: Service, Business, Enterprise, EU, American Locations: Switzerland, Iceland, Norway, Liechtenstein

☆ Jamie Dimon says he likes Elon Musk's idea to start a DOGE, or Department of Government Efficiency
▼ + stars: | 2024-09-25 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +4 min

Read previewJPMorgan Chase CEO Jamie Dimon says he approves of Elon Musk's proposal to create a new department of government efficiency — or, in Musk's words, DOGE. "Ok, so — Elon, this idea about having an efficiency commission, I actually like the idea," Dimon said in an interview with CNBC-TV18, which aired on Tuesday. This story is available exclusively to Business Insider subscribers. AdvertisementDuring the CNBC interview, Dimon said that at the moment, he will not endorse Trump or his opponent, Vice President Kamala Harris, for the presidency. Musk, representatives of Trump and JPMorgan Chase didn't immediately respond to a request for comment from Business Insider, sent outside business hours.

Persons: —, Jamie Dimon, Tesla, Donald Trump's, — Elon, Dimon, Al Gore, Musk, Trump, Kamala Harris, Larry Fink, he's, JPMorgan Chase didn't Organizations: Service, Chase, Elon, Trump, CNBC, TV18, Business, Reinventing Government, Economic, of New, Reuters, Bloomberg, Treasury, JPMorgan Locations: of New York

☆ Trump Media stock pops 11% as DJT looks to claw back from post-lockup sell-off
▼ + stars: | 2024-09-25 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

DJT stock rose at the opening bell and popped higher around 10 a.m. Trump Media closed more than 5% higher Tuesday, snapping a six-day losing streak. Stock Chart Icon Stock chart icon Trump Media (DJT) Stock PriceTrump Media shares at Monday's close were at their lowest in the roughly six months since the company went public after merging with a blank-check firm. Some experts still see Trump Media, which currently boasts a market cap of more than $2.5 billion, as highly overvalued. Trump Media continued to slide ahead of the expiration of lockup agreements that had barred Trump and other company insiders from selling their shares.

Persons: Anna Barclay, Donald Trump, Trump, Joe Biden, Kamala Harris, Biden Organizations: Getty Images Trump Media, Trump Media, Truth, Price Trump Media, Republican, Trump Locations: Monday's

☆ S&P 500's record run is in jeopardy — plus, what Micron could signal about chip demand
▼ + stars: | 2024-09-25 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Markets: The S & P 500 has slipped into the red since the Morning Meeting. By the way, since the Sept. 6 close, the S & P 500 jumped nearly 6%, closing at a record 5,732 on Tuesday. 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, Salesforce, Meta, Dana her, it's, oversold, Mark Zuckerberg, Zuckerberg, Thursday's, Jim Cramer's, Jim Organizations: CNBC, ., Nasdaq, Nvidia, Meta, Microsoft, West Texas, Apple, Micron, Jefferies, Accenture, CarMax, Costco, Jim Cramer's Charitable Locations: China, Menlo Park , California

☆ Treasury yields inch higher as investors consider the state of the economy
▼ + stars: | 2024-09-25 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

The 2-year Treasury yield was last at 3.533% after rising by just over one basis point. U.S. Treasury yields were slightly higher on Wednesday as investors weighed economic data and considered the state of the economy. Economic data points will therefore be watched closely in the coming days and weeks as concerns about a potential slowdown of the economy linger. Later this week, investors will also hear from various Fed officials including Chairman Jerome Powell. At the end of the week, key economic data in form of the latest personal consumption expenditures price index is also set to be published.

Persons: Dow Jones, Jerome Powell Organizations: Treasury, Federal Reserve, PCE Locations: U.S

☆ Ina Garten says redefining the traditional roles of 'man and wife' saved her marriage
▼ + stars: | 2024-09-25 | by ( Erin Liam | ) www.businessinsider.com time to read: +1 min

In an interview with The Wall Street Journal, Ina Garten opened up about her struggles with being defined as a wife. The celebrity cook said she and Jeffrey Garten took a break and decided to be partners instead. Go to newsletter preferences Thanks for signing up! Style posted on Tuesday, Garten, 76, said that she and Jeffrey were husband and wife in her 20s. So we took a little break and restructured it, coming out of it as partners, not in defined roles," she said.

Persons: Ina Garten, Jeffrey Garten, —, she's, Jeffrey Organizations: Wall Street, Service, White House, Food Network, Barefoot, Business Locations: Garten

Search resuls for: "Tuesday"

25 mentions found