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☆ Nvidia-backed CoreWeave gets $650 million credit line from top Wall Street banks
▼ + stars: | 2024-10-11 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

CoreWeave, an Nvidia -backed artificial intelligence startup that rents out chips to other companies, announced Friday that it has a new $650 million credit line to expand its business and data center portfolio. In the past, CoreWeave has supplied Microsoft and French AI startup Mistral with graphics processing units, or GPUs. And in addition to developing the chips, Nvidia has taken stakes in emerging AI companies like CoreWeave, partly as a way to make sure its technology gets widely deployed. Last week, OpenAI received a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion. Many of the same banks contributed to OpenAI's credit line.

Persons: it's, CoreWeave, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Mike Intrator, CoreWeave's, OpenAI Organizations: Nvidia, London, Microsoft, JPMorgan, Barclays, Citi, Deutsche Bank, Jefferies, Mizuho Locations: Austin , Texas, Chicago, Las Vegas, French, MUFG, Wells Fargo

☆ Putin hails ‘very close’ links with Iran at landmark first meeting with president, as Middle East tensions soar
▼ + stars: | 2024-10-11 | by ( Lauren Kent | ) edition.cnn.com time to read: +4 min

Iran has supplied thousands of “Shahed” attack drones to Russia, and according to US officials, built a drone factory in Russia. “We are actively working together in the international arena and our assessments of events taking place in the world are often very close,” Putin said during the landmark meeting, according to Russian state media outlet TASS. In a meeting with Russian Prime Minister Mikhail Mishustin in Tehran last week, the Iranian leader called for accelerating joint projects. Meanwhile, Russia expressed interest in expanding trade and economic cooperation as well as diversifying its bilateral trade with Iran. “But, of course, the situation in the Middle East will not be ignored, it will also be on the agenda.

Persons: Vladimir Putin, Masoud, “, ” Putin, ”, Aniseh Bassiri Tabrizi, Bashar al, Assad, Bassiri Tabrizi, Ebrahim Raisi, Mikhail Mishustin, Pezeshkian, Dmitry Peskov, Viktor Bout, Brittney, Bout, ” CNN’s Gianluca Mezzofiore, Natasha Bertrand, Kylie Atwood Organizations: CNN, Central, Ukraine, Moscow, Analysts, Russian, TASS, Street, Chatham House Locations: Ashgabat, Turkmenistan, Iran, Ukraine, Russia, “, Moscow, Tehran, Syrian, Russian, Yemen

☆ Nobel Peace Prize 2024 won by Japan’s Nihon Hidankyo for efforts to rid world of nuclear weapons
▼ + stars: | 2024-10-11 | by ( Christian Edwards | ) edition.cnn.com time to read: +7 min

The survivors have dedicated their lives to trying to rid the world of nuclear weapons. Video Ad Feedback Watch the moment Nihon Hidankyo is awarded 2024 Nobel Peace Prize 01:54 - Source: CNNDan Smith, the director of the Stockholm International Peace Research Institute (SIPRI), told CNN he was “delighted” that the Hibakusha had been awarded this year’s prize. “As the Soviet and US leaders Gorbachev and Reagan said in 1985, nuclear war can never be won and must never be fought. The International Campaign to Abolish Nuclear Weapons won the award in 2017. Last month, Putin said Russia would revise its nuclear doctrine, potentially lowering the bar for Moscow’s use of nuclear weapons.

Persons: Nihon, “, ” Nihon, CNN Dan Smith, ”, Gorbachev, Reagan, ” Smith, Robert Lewis –, Enola Gay, Hiromichi Matsuda, Shigeru Ishiba, Kido, Lev Radin, Nihon Hidankyo, Alfred Nobel’s, Joseph Rotblat –, Jørgen Watne Frydnes, Israel – “, Vladimir Putin, Putin, Henrik Urdal, ” Urdal Organizations: CNN, Stockholm International Peace Research Institute, Soviet, Enola, Nagasaki Atomic Bomb Museum, Nihon, United Nations, UN Headquarters, Pacific Press, 141st, Nuclear Weapons, Science, World Affairs, Manhattan Project, Los Alamos Laboratory, ”, Peace Research Institute Locations: Japanese, Hiroshima, Nagasaki, Norwegian, Oslo, Stockholm, United States, Laos, Russia, United Kingdom, France, China, India, Pakistan, North Korea, Israel, Ukraine, Russian, Germany, Peace Research Institute Oslo

☆ Obama, the ‘hopey-changey guy,’ tries to close the deal for Harris
▼ + stars: | 2024-10-11 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

“I am the hopey changey guy so I understand people feeling frustrated, feeling we can do better,” Obama said. Obama slams Trump over false hurricane conspiracy theoriesThe former president on Thursday accused Trump of violating basic American values. “When did that become OK?”But the Trump campaign is not letting go of claims that were debunked even by many Republican state and local officials. At a Harris campaign office, Obama wondered whether the reticence of some “brothers” to support the Democratic nominee came down to sexism. But Democratic concerns about Harris’ campaign are palpable.

Persons: Barack Obama, Kamala Harris, —, Obama, Donald Trump, ” Obama, ”, –, Bill Clinton, Trump, Harris, “, Joe Biden, Obama’s, CNN’s Kayla Tausche, Birtherism, Biden, “ You’ve, ” Sen, JD Vance, CNN’s Edward, Isaac Dovere, He’s, he’s, Hillary Clinton, Quinn Glabicki, Howard, Will Trump Organizations: CNN, White, Democratic, Republican, GOP, —, Univision, Trump, Pittsburgh Locations: Ohio, Pennsylvania, Pittsburgh, America, Iowa, US, United States, Nevada, Arizona, Michigan , Wisconsin, Georgia

☆ How Russia's war economy and defense spending could actually make it weaker
▼ + stars: | 2024-10-11 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +5 min

Russia's President Vladimir Putin visits Uralvagonzavod, the country's main tank factory in the Urals, in Nizhny Tagil on February 15, 2024. Ramil Sitdikov | Afp | Getty ImagesRussia's war-orientated economy and plans for unprecedented military spending risk deepening major imbalances within the government's finances, analysts say. Russia's military-industrial complex, feeding an insatiable war machine, has expanded significantly since the war began, as a result. Signalling its commitment to prosecuting the war in Ukraine, combined spending on both national defense and security will account for around 40% of Russia's total government spending in 2025, the draft budget suggested. Notably, defense spending will exceed twice the amount allocated for social needs such as pensions, Reuters noted.

Persons: Vladimir Putin, Uralvagonzavod, Ramil Sitdikov, Mikhail Mishustin, Tursa, Liam Peach, Peach, Alexander NEMENOV, ALEXANDER NEMENOV, Alexander Nemenov Organizations: Afp, Getty, Reuters, Sputnik, Capital Economics, Russian Statistics Agency Locations: Urals, Nizhny Tagil, Ukraine, Russia, Russian, Western, Central, Eastern Europe, Moscow, AFP

☆ Wealthy jet setters are flocking to these unexpected countries, travel agents say
▼ + stars: | 2024-10-11 | by ( Brittany Chang | ) www.businessinsider.com time to read: +8 min

Wealthy travelers are vacationing at a mix of traditional and emerging destinations. The Asian countries wealthy travelers are increasingly visitingLuxury travel companies are expecting more travelers to visit Thailand following the premiere of "The White Lotus" season three, shot at Four Seasons Resort Koh Samui. Ken SeetAccording to Virtuoso, bookings for summer trips to Thailand were up 95% from 2023 to 2024. According to Virtuoso, summer bookings for the central European country were up 24%. More wealthy travelers are heading to Porto, Portugal proslgn/ShutterstockOr, for a greener, chillier getaway, head to the United Kingdom and Ireland.

Persons: —, What's, Ken Seet, Belles, Peter Zelei, Melissa Krueger, Quintessentially, Kelly Grumbach, Brian Kennedy, George Rose, Lucia, Virtuoso, Jim Krane, Barthélemy, Barts, Hurricane Irma, Grumbach, Saint Barthélemy, Holger Leue, Aman Organizations: Service, globetrotters, Eiffel, Belles, Ireland, Banff National Park, St, AP Locations: Rome, Paris, Thailand, Slovenia, United Kingdom, London, France, China, Canada, New York, Europe, Japan, Khao Villas Phuket, Maui, Hawaii, Taormina, Italy, Florence, Tuscany, Portugal, Lisbon, Porto, Ireland, Scotland, Banff, Lake Louise, Columbia, Dominican Republic, Hurricane, Saint, Caribbean, Anguilla

☆ False conspiracy theories about Hurricane Milton spread despite outcry from officials
▼ + stars: | 2024-10-10 | by ( Bruna Horvath | Bruna Horvath Is An Intern On Nbc News' Tech Team. | ) www.nbcnews.com time to read: +8 min

Baseless conspiracy theories about weather modification and false claims about disaster relief efforts have continued to spread on X in recent days, with misinformation about Hurricane Milton adding to a mountain of false rumors about Hurricane Helene and its aftermath. Greene has not deleted her posts referencing the conspiracy theories. In response to the challenges to Greene’s false claims, her deputy chief of staff, Nick Dyer, defended them, saying that she was actually the victim of conspiracy theories. “So when these people are espousing misinformation and conspiracy theories, then it’s like, ‘Oh, OK, well, maybe it’s true. FEMA is working to slow the spread of hurricane misinformation online.

Persons: Hurricane Helene, Marjorie Taylor Greene, ”, Greene, ‘, Joe Biden, Greene’s, “ It’s, Hugh Willoughby, “, ” Willoughby, ” Leila, Nick Dyer, Milton, Hurricane Milton, Donald Trump, Jim Jordan, Elon Musk, Angelo Fernández Hernández, Shauna Bowes, ” Bowes, ’ ” Bowes, Helene, Deanna Criswell, ” Criswell Organizations: X, NOAA, National Oceanic, Atmospheric Administration, Republican, Florida International University, Hurricane Research Division, NBC, University of Washington’s Center, Hurricane, FEMA, U.S . Ohio, Federal Emergency Management Agency, Services Program, Customs, Disaster Relief, Congress, DHS, Institute, Strategic, ISD, Homeland Security, Vanderbilt University, North Carolina Department of Public Safety Locations: Florida, Saginaw , Michigan, U.S, London, Asheville , North Carolina

☆ A quarter-point Fed rate cut is the right expectation going into November, Goldman strategist says
▼ + stars: | 2024-10-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA quarter-point Fed rate cut is the right expectation going into November, Goldman strategist saysKamakshya Trivedi, head of global foreign exchange, interest rates and emerging markets strategy research at Goldman Sachs, discusses the outlook for the U.S. economy and the likelihood of further interest rate cuts.

Persons: Goldman, Kamakshya Trivedi, Goldman Sachs Locations: U.S

☆ Kilburg: I think there's a lot left for the stock; Oracle is just getting warmed up.
▼ + stars: | 2024-10-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKilburg: I think there's a lot left for the stock; Oracle is just getting warmed up. Jeff Kilburg, Founder and CEO of KKM Financial, discusses the recent gains in Oracle's stock, attributing its potential to emerging AI opportunities and its market positioning.

Persons: Jeff Kilburg Organizations: Oracle, KKM Locations: Oracle's

☆ Why the U.S. government is investigating Google
▼ + stars: | 2024-10-10 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com time to read: +3 min

Google, the online search and digital ad goliath, is the first U.S. tech giant to land in federal court fighting antitrust concerns in decades. Google controls an estimated 88% of the market for general search online, according to the August opinion from Judge Mehta. And late in 2023, a jury delivered a guilty verdict against Google in a trial about business practices related to the Google Play app store. In September 2024, Epic filed an additional antitrust lawsuit against Google and Samsung, alleging that the company continued to use its monopoly power to unfairly harm competition. Watch the video above to see why the U.S. government is investigating Google.

Persons: Amit Mehta, Judge Mehta, Bing, Lee Hepner, Nikolas Guggenberger, Gene Munster Organizations: Google, U.S, District of Columbia, Justice Department, American Economic Liberties, Epic Games, Samsung, University of, Deepwater Asset Management, CNBC Locations: U.S

☆ Common heart conditions raise the risk of dementia, experts say
▼ + stars: | 2024-10-10 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +9 min

Nearly 130 million adults in the United States have some form of heart disease, according to the AHA. Having coronary heart disease raises the risk of future dementia by 27% compared with people without heart disease, the AHA statement said. Heart attacks and heart failureAbout every 40 seconds, someone in the United States will have a heart attack, the AHA estimates. Heart failure is a more severe form of heart disease, in which the heart is too weak to pump enough blood and oxygen to the body’s organs. That benefit held true even for people with existing diagnoses of cardiometabolic conditions such as type 2 diabetes, heart disease and stroke.

Persons: ”, Fernando Testai, Testai, Andrew Freeman, Freeman, ” Freeman, ” Testai Organizations: CNN’s, CNN, American Heart Association, University of Illinois College of Medicine, AHA, Jewish Health, World Health Organization, WHO, US Centers for Disease Control Locations: Chicago, United States, Denver

☆ CNBC's Inside India newsletter: Is China's stock market rally behind Indian equity losses?
▼ + stars: | 2024-10-10 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

China's CSI 300 index has gained about 25% since the stimulus measures were announced. That would depend on whether the measures announced will likely target China's stock market or the real economy. Even if China's economy improves and its stock market soars, experts suggest it's unlikely to hurt the Indian equity market's growth outlook over the long term. For now, a strong and rapidly growing economy, as well as a "resilient" domestic investor base, continue to be significant drivers of Indian stock markets, according to Wall Street's observers. "The Indian market has numerous positive domestic drivers which underpin our overweight recommendation," Morgan Stanley's Jonathan Garner said in a note to clients this week.

Persons: India's, Chris Ma, Berstein's Rupal Agarwal, David Aserkoff, Aserkoff, Morgan Stanley's, Wall, Morgan, Jonathan Garner, Michael Bloom Organizations: CSI, Beijing, Citi, Central Locations: China, India, Asia, Eastern Europe, Africa

☆ CNBC Sport: Shams Charania on joining ESPN and life after Woj
▼ + stars: | 2024-10-10 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +21 min

Charania begins his ESPN TV work today. "It's definitely going to be a lot of TV," Charania said. They worked together at Yahoo Sports before becoming rivals, only for Charania to eventually take over for Wojnarowski at ESPN. Charania begins his ESPN TV work today. "It's definitely going to be a lot of TV," Charania said.

Persons: Alex Sherman, Shams, Adrian Wojnarowski, Charania, FanDuel, Jimmy Pitaro, It's, Pat McAfee, Wojnarowski, I'm, Jim Rome, I've, he's, that's, He'll, I'd, Adam Silver, Bob Kraft, Jessica Berman, CNBC's Jessica Golden, Craig Kilborn, Colin Neville, Jim Ratcliffe, Joe Tsai, Colin, Neville, dealmaking, We've, CNBC's Contessa Brewer, Jim Allen, Adam Greenblatt, isn't, Tiger Woods, Tigeraire, Woods, CNBC's Lillian Rizzo, Rudy, Rudy Ruettiger, Kevin Mayer, Tom Staggs, Read, Yahoo's Ross Dellenger, we've, Woody Johnson, Woody Johnson —, Johnson, Robert Saleh, Derek Jeter, Shams Charania, Raine Organizations: CNBC, ESPN, FanDuel TV, The, ESPN TV, Worldwide, Sports, NBA, Yahoo Sports, Wojnarowski, Yahoo, I'm, NFL, Miami Dolphins, Buffalo Bills, Los Angeles Chargers, Dolphins, New England Patriots, National Women's Soccer League, Chelsea Football Club, Manchester United, Brooklyn Nets, Premier Lacrosse League, Youth, NCAA, UFC, CNBC Sport, Rock, Seminole Gaming, U.S . Patent, Sun, QVC, Notre Dame, Disney, Candle Media, SEC, Big Ten, ACC, Jets, Apple, Hollywood, Diamond Sports Group, Bally Sports, Wildcats, College Football, Sinclair, Raine Group Locations: Raine, DraftKings, U.S, Las Vegas, Florida, Tigeraire, Northwestern

☆ Inside Substack's emerging IRL event strategy as the platform expands beyond its newsletter roots
▼ + stars: | 2024-10-09 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +9 min

We spoke with Sophia Efthimiatou and Matt Starr, Substack's duo paving the platform's IRL strategy. hosted "Hate Read Live," where several contributors behind Cai's "Hate Reads" newsletter read excerpts at a bar in New York. September: Casey Lewis hosted "Debate Club," the first iteration of Substack's "Stacked Debate" series, in a gymnasium featuring several Substack writers. hosted "Debate Club," the first iteration of Substack's "Stacked Debate" series, in a gymnasium featuring several Substack writers. Substack's events are a playground for promoting these tools.

Persons: Substack, Sophia Efthimiatou, Matt Starr, —, I'm, Casey Lewis —, Lewis, John Paul Brammer, Kareem Rahma, Nolita Dirtbag, Randa Sakallah, Casey Lewis, Anna Maria Lopez, Hunter Harris, Rayne Fisher, Efthimiatou, Starr, Emma Trim, Delia Cai, Cai's, Tavi Gevinson, Mary Gaitskill, Quann, Emilia Petrarca, Jessica DeFino, Fisher, Emily Sundberg, Substack's, Hamish McKenzie, McKenzie, podcaster Dwarkesh Patel Organizations: IRL, Service, Press, Substack, Business, The New York Times, Hotel Chelsea, New York, Democratic, Convention Locations: New York, New York City, Substack, New, Montauk , New York, San Francisco, inboxes

☆ US government considers a breakup of Google
▼ + stars: | 2024-10-09 | by ( Clare Duffy | Brian Fung | ) edition.cnn.com time to read: +3 min

The US Department of Justice in a court filing Tuesday night said it may recommend dismantling Google’s core businesses, separating Google’s search business from Android, Chrome and the Google Play app store. “That would prevent Google from using products such as Chrome, Play, and Android to advantage Google search and Google search-related products and features — including emerging search access points and features, such as artificial intelligence — over rivals or new entrants,” the government said in its court filing. The case had been described as the biggest tech antitrust case since the US government’s antitrust showdown with Microsoft at the turn of the millennium. Whatever ultimately happens to Google could set the stage for potential remedies in other, ongoing antitrust cases against tech giants. Google faces a separate case brought by DOJ attorneys, along with 17 states, who allege that its advertising business is anticompetitive.

Persons: ”, Amit Mehta, ” Kent Walker Organizations: CNN, Baby, Google, US Department of Justice, Android, Apple, Microsoft, DOJ, Meta, Ticketmaster

☆ Who will win the robotaxi race? Tesla, Waymo, or Uber?
▼ + stars: | 2024-10-09 | by ( Alistair Barr | ) www.businessinsider.com time to read: +7 min

Today, consumers open the Uber app because they know there will likely be loads of cars nearby to pick them up. And drivers come to Uber because they know there will be many riders waiting and willing to pay. Uber doesn't buy and maintain cars. AdvertisementA robotaxi futureWhat happens if Tesla and Waymo driverless cars replace human drivers? It has already struck deals with Waymo and Cruise, another AV company, to have their driverless cars be part of the existing Uber rideshare network.

Persons: Tesla's, Elon, Uber, Uber doesn't, Tesla, Bernstein, Lyft, Waymo, Ben Thompson, Thompson, Dara Khosrowshahi Organizations: Google, Tech, Waymo

☆ Anthropic's power players: Here are the 11 leaders helping shape the future of the Amazon-backed AI company
▼ + stars: | 2024-10-09 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +10 min

It's sought to position itself as the safer, more responsible AI company. She, along with her brother Dario, was part of the team that left OpenAI with the goal of creating a more responsible AI company. Krishna Rao, Chief Financial OfficerAs any emerging AI company can attest, conducting groundbreaking research isn't enough. In this role, he's building deep relationships with users and helping to turn Anthropic's research into a mass-market product. These capabilities are essential to Anthropic's positioning of itself as the safer AI company.

Persons: Anthropic, It's, —, OpenAI's, Dario Amodei, Amodei, Dario, Daniela Amodei, She's, Jack Clark ,, Clark, Jared Kaplan, Kaplan, Chris Olah, Sam McCandlish, McCandlish, Tom Brown, Brown, Krishna Rao, Rao, Mike Krieger, São Paulo, Krieger, Claude, Brian Israel, it's, Brian, Sam Bowman, Bowman, Jan Leike Organizations: Service, OpenAI's ChatGPT, Google, Princeton University, Hertz, Stanford University School of Medicine, sager, Bloomberg, Harvard, Johns Hopkins University, Research, Organization, Core Resources, Stanford University, Brandeis University, Core, Blackstone, Bain & Company, Anthropic, State Department, NASA Locations: OpenAI, Anthropic, Airbnb, São, Menlo Park, San Francisco, New York, Israel

☆ Here are Wednesday's biggest analyst calls: Nvidia, Apple, Netflix, FedEx, Reddit, Broadcom, Chewy & more
▼ + stars: | 2024-10-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Wednesday's biggest calls on Wall Street: Citi initiates FedEx and UPS as buy Citi said in its initiation note that FedEx and UPS are well positioned. "Netflix remains a compelling growth story with significant room for revenue, earnings, and FCF growth over the next several years." Wells Fargo upgrades Valero to overweight from equal weight Wells said the company is one of the "best independent refiners." Mizuho reiterates Nvidia and Broadcom as outperform Mizuho said it's sticking with its outperform ratings on Nvidia and Broadcom. Wells Fargo reiterates Roblox as overweight Wells Fargo raised its price target on Roblox ahead of earnings in late October to $54 per share from $46.

Persons: underperform Jefferies, Guggenheim, TD Cowen, Cowen, Morgan Stanley, it's bullish, Piper Sandler downgrades Blackstone, Piper, Piper Sandler, Wells, Jefferies, Wolfe, VALE, Chewy, it's, Mizuho, Wells Fargo, Evercore Organizations: Citi, FedEx, UPS, Jefferies, Southwest, Deutsche Bank, Netflix, Deutsche, Inc, MetLife, Barclays, Apple, Apple Intelligence, New York Times, Industry, Nvidia, Broadcom, Mizuho, Lowe's Locations: Valero, underperform, Underperform

☆ When Harlem Was ‘as Gay as It Was Black’
▼ + stars: | 2024-10-09 | by ( Derrick Bryson Taylor | Scott Reinhard | ) www.nytimes.com time to read: +30 min

Two Black men, in tuxedos, clasp hands and dance in a smoky foreground in a scene from "Looking for Langston," the 1989 film that reevaluated gay and lesbian contributions to the Harlem Renaissance. When Harlem Was ‘as Gay as It Was Black’ Mapping the people, homes and hot spots that transformed the neighborhood during its Renaissance. A map of Harlem with a location labeled “Ma Rainey at the Lincoln Theater” near 135th Street and Lenox Avenue. Michael Ochs Archives/Getty ImagesMap with location labeled “Bessie Smith at Hotel Olga” in the northernmost part of Harlem. was often called the living room of the Harlem Renaissance, and over the years provided a safe and affordable space for Black artists, writers and thinkers.

Persons: Langston, Henry Louis Gates Jr, Nicholas Park, Clare Corbould, ”, Ma Rainey’s, Ma Rainey, ” Ma Rainey, “, ” Donaldson, Gladys Bentley, Gladys Bentley West, Gladys Bentley West 133rd Street Gladys Bentley, Bentley, Michael Ochs, Bessie Smith, Hotel Olga ”, Bessie Smith Lenox, Lillian Simpson, Emma Chen, ” Smith, Porter Grainger, Everett Robbins, Ain’t, Jimmie Daniels ”, Jimmie Daniels, Daniels, Ethel Waters, Nicholas Avenue, Nicholas, Ethel Williams, Waters, ” Everett, Edna Thomas ”, Edna Thomas, Lloyd Thomas, Olivia Wyndham, Thomas, Wyndham, Georgette Harvey ”, Georgette Harvey, Maria, Porgy ”, Porgy, Bess, Musa Williams, Billy Rose, Hunter ”, Alberta Hunter, Lottie Tyler, Bert Williams, ’, ” Michael Ochs, Lindy Hop, Shane Vogel, Vogel, Jerome Robbins, James F, Wilson, Duke Ellington, Josephine Baker, Heather Nickels, Harry, Nickels, “ SAVOY, George Karger, Alain Locke, Countee Cullen, Richard Wright, Ralph Ellison, Langston Hughes, Olga ”, Olga Lenox, Edward H, Olga, Victor Hugo Green’s “, Bill “ BoJangles ” Robinson, Robert W Kelley, Alain Locke Washington, ” Alain Locke, Locke —, —, Nella Larsen ”, Nella Larsen, Street Nella Larsen, Larsen, Octavio González, Audre Lorde, Hughes, ” Arnold Rampersad, Countee Cullen ”, Harold Jackman, Cullen, Richard Bruce Nugent ”, Richard Bruce Nugent, Thurman, Jade ”, González, Nugent, ” Carl Van Vechten, Carl Van Vechten, Street Carl Van Vechten, Harold Jackman ”, ” Harold Jackman, Jackman, Maurice Hunter ”, Maurice Hunter, Corbould, Claude McKay ”, Claude McKay, West 142nd Street Claude McKay, Alexander Gumby, A’Leila Walker, A’Lelia Walker, Madame C.J, Walker, “ Wallace Thurman ”, Wallace Thurman, Zora Neale Hurston, Gwendolyn Bennett, Sydney ”, Sydney, Iolanthe Sydney, Du Bois, Thurgood Marshall, Robert “ Bobby ” Winchester, Horace Hicks, Isaac Julien, Mr, Julien Organizations: Harlem Renaissance, Harlem, The New, Black, Greenwich, Harvard, Central, Deakin University, Ma Rainey’s Georgia Jazz, Jazz, Lincoln, Lenox, Lincoln Theater, Street, Gladys Bentley West 133rd Street, New York Times, Michael Ochs Archives, Hotel Olga, Blues, Hotel, Lesbian, Blues Women, Communities, West, of Congress, Music Division, Federal, St, Library of Congress, Guild Theatre, Billy Rose Theatre Division, The New York Public, 138th Street, Alberta Hunter, West 138th, ” Michael Ochs Archives, Getty, Savoy, African American Studies, Yale University, Cabaret, 155th Street, Jerome Robbins Dance Division, 131st, CUNY, Hulton, West 133rd, 133rd, Avenues, Cotton, 142nd, Cotton Club 142nd Street, U.S, Swing, 141st, Ballroom, Blacks, 125th, 135th, Harlem Y.M.C.A, Harlem Branch, Columbia University, Lafayette Theater, Lafayette Players, Washington D.C, Wellesley College, 127th, Mount Morris Park, East 127th, 136th, The New York Public Library, Bettmann, Everett, 134th Street, Eighth, West 142nd, West 142nd Street, Cabaret School, Yale, American, Library, 136th Street, “ Infants, Columbia, Harlem’s Locations: tuxedos, Manhattan, Harlem, Central, Rockland, New York, St, Australia, Ma Rainey’s Georgia, Philadelphia, Colonial, British, Alberta, ”, —, Hamilton Lodge, Lenox, Seventh, Morris, Lafayette, Washington, Eighth, Mount Morris, Lenox Avenue, United States, Midtown, Black, Sugar

Meanwhile, Jefferies began coverage of Reddit with a buy rating and a price target of $90. Champine said the Federal Reserve lowering interest rates was a driving force for the price target changes. Analyst William Kerr initiated coverage of the pet ecommerce retailer with a buy rating and $38 price target. RBLX YTD mountain RBLX in 2024 — Alex Harring 5:50 a.m.: Citi says UPS is a buy Buy the dip on UPS shares, according to Citi. Analyst Ariel Rosa initiated the delivery giant with a buy rating and a price target of $162.

Persons: Jefferies, Laura Champine, Champine, Helene, Milton, Lowe's, — Alex Harring, Piper Sandler downgrades Blackstone Piper Sandler, Crispin Love, Love, Blackstone, Morgan Stanley, Sanjit Singh, Singh, Alex Harring, TD Cowen, William Kerr, Kerr, Benjamin Soff, Soff, Ken Gawrelski, Gawrelski, Roblox, Ariel Rosa, Rosa, — Fred Imbert, John Colantuoni, Colantuoni, EBITDA Organizations: CNBC, Wednesday, Citi, UPS, Capital, Federal Reserve, Blackstone, Industry, Deutsche Bank, New York Times, Amazon Logistics, Walmart Locations: Wells, China, Tuesday's

☆ Jim Cramer says Google would be 'a shell of its former self' if DOJ forces a breakup
▼ + stars: | 2024-10-09 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +3 min

CNBC's Jim Cramer on Wednesday criticized the Department of Justice's potential remedies in the Google search-monopoly case, arguing that, if they were implemented, the California tech giant would be "a shell of its former self." In early August, Judge Amit Mehta ruled that Google used illegal practices to maintain a monopoly in the internet search market. "This is devastating," Cramer said Wednesday on "Squawk on the Street," reacting to the DOJ filing. The stock has lagged the S & P 500 considerably since the monopoly ruling was handed down Aug. 5. Including Wednesday's intraday move, shares are down more than 3.5% compared with a nearly 8% gain for the S & P 500.

Persons: CNBC's Jim Cramer, Amit Mehta, Cramer, Lee, Anne Mulholland, It's Organizations: of, Google, U.S ., Trust, CNBC, Justice Department, Wall, Greyhound, Club Locations: California, U.S

☆ We're seeing the Republican Party make inroads in Silicon Valley: New Yorker's Charles Duhigg
▼ + stars: | 2024-10-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're seeing the Republican Party make inroads in Silicon Valley: New Yorker's Charles DuhiggCharles Duhigg, The New Yorker writer, joins 'Squawk Box' to discuss the political divide emerging in Silicon Valley, the lobbying efforts by Silicon Valley to influence crypto and AI, and more.

Persons: Charles Duhigg Charles Duhigg Organizations: Republican Party, Yorker Locations: Silicon Valley, Silicon

☆ South Korea and India to be added to FTSE Russell Indices
▼ + stars: | 2024-10-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSouth Korea and India to be added to FTSE Russell IndicesLSEG's Nikki Stefanelli discusses the considerations made to allow for additions of South Korea and India to the FTSE World Government Bond Index and Emerging Markets Government Bond Index respectively.

Persons: LSEG's Nikki Stefanelli Organizations: Russell, FTSE, Government Bond Index, Emerging Markets Government Bond Locations: Korea, India, South Korea

CLEVELAND — Some Democrats working to re-elect Sen. Sherrod Brown in Ohio this fall are attempting to raise fears about his opponent’s Colombian family and heritage, drawing charges of racism from Republicans. “Our tax dollars, a Moreno family windfall. Bernie Moreno only cares about himself.”The rhetoric has become a late-emerging tension point in a race that could determine partisan control of the Senate. Ohio and Montana, two states where former President Donald Trump twice won by large margins, are the top two GOP targets. The Ohio race is one of the most expensive in the country this fall, with total ad spending exceeding $100 million since Sept. 1.

Persons: Sen, Sherrod Brown, Bernie Moreno, ” Peg Watkins, Brown, ” Watkins, Chuck Schumer, Moreno, “, Bernie, ”, Donald Trump, Ohio’s, ” Moreno, Sarah Guggenheimer, Schumer, “ Ohioans, ” Guggenheimer, Watkins, Moreno’s, Luis Alberto Moreno, WinSenate, Trump, JD Vance, Jai Chabria, Vance, there’s, Republicans ’, Jimmy Kimmel, ” Chabria, Philip Letsou, ” Letsou, “ Sherrod Brown, scrutinizes Moreno Organizations: CLEVELAND —, Democratic Party, Senate, Signal Ohio, GOP, NBC, PAC, Associated Press, Inter, American Development Bank, Republicans, Democratic, National Republican Senatorial Committee Locations: Ohio, United States, Delaware County, Columbus, Colombia, West Virginia, Montana, U.S, Cleveland, South America, Springfield, Colombian, Washington, American, Caribbean, Springfield , Ohio

☆ Peru has attracted a slew of foreign investors into its credit market. Here's why
▼ + stars: | 2024-10-08 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +5 min

Foreign investors now hold 39% of Peru's sovereign bond market holdings, the highest level across all emerging market countries. This underscores the increasingly positive sentiment surrounding the Peru's fixed income outlook. "It has recognized the need to provide international investors positive returns on domestic assets, and for central banks to be aligned with international investors and provide positive returns on domestic assets." "In some sense, the lack of a strong executive has led to better fixed income outcomes," Austerweil added. Dhawan also underscored that Peruvian fixed income is a high quality market for foreign investors.

Persons: Moody's, Dina Boluarte's, Pramol Dhawan, Pimco, Dhawan, David Austerweil, Soberano, Austerweil Organizations: Southern Copper Corp, Lawmakers, Peruvian, International Monetary Fund, Central Reserve Bank of, Bank of America, Mining Locations: Peru, Sol, Central Reserve Bank of Peru, America, U.S, Peruvian, China

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