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☆ Barbara Corcoran secretly cared for her mother with Alzheimer's for years. She was waiting for her own dementia risk before speaking out.
▼ + stars: | 2024-09-26 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

Corcoran's mother, Florence, was diagnosed with Alzheimer's in her late 60s. About eight months ago, Corcoran finally saw a doctor to evaluate her own risk for dementia. There, Corcoran loved watching the systems at Florence created to keep the home and the children organized. Advertisement"I was admiring her with the systems," Corcoran said. Corcoran paid one of her sisters — who lived nearest Florence — to quit her job and become their mother's caretaker.

Persons: Alzheimer's, Corcoran, —, Barbara Corcoran, Florence —, Florence, It's, I, Corcoran's, she's, You've, Cocoran Organizations: Service Locations: Florence, Edgewater , New Jersey, Brooklyn

☆ 3 questions Elon Musk will need to answer at Tesla's highly anticipated robotaxi event
▼ + stars: | 2024-09-26 | by ( Nora Naughton | ) www.businessinsider.com time to read: +5 min

The event, originally scheduled for August, is where CEO Elon Musk has promised to release a final design and more detailed plans for Tesla's Uber-like self-driving car service. AdvertisementIn typical form, Musk's promise that the robotaxi business was taking shape offset a major earnings miss and juiced Tesla's languishing stock price. Spak wrote. In the same note, Spak raises questions about Tesla Full Self Driving (FSD)'s rate of improvement compared to competitors like Waymo. Advertisement"Tesla's future valuation is highly dependent on its ability to develop, manufacture, and commercialize autonomous technologies," Jonas wrote.

Persons: —, Elon Musk, Tesla's Uber, Musk, juiced, Joseph Spak, Spak, Tesla, Morgan Stanley, Adam Jonas's, Jonas, Tesla's FSD Organizations: Service, Business, Tesla, UBS, Hertz, California Locations: Tesla's, robotaxi, Los Angeles

☆ Australia's inflation rate has come within its target range, but rate cuts likely won't come anytime soon
▼ + stars: | 2024-09-26 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +3 min

Australia's inflation rate has come within the RBA's target range in the month of August, easing from 3.5% in July to 2.7%., according to a Wednesday release from the country's Bureau of Statistics. The drop puts the rate below the Reserve Bank of Australia's target range of 2%-3% for the first time since August 2021. He said that while the relief programs will bring headline inflation to the top of the RBA's target range, the RBA will be "looking through" these subsidies and focusing on core inflation. He writes, "the path of core inflation back to the target range has stalled somewhat, and it is hard to see a major improvement in the near term. We think the bank will need to see three more inflation prints before they are comfortable embarking on an easing cycle."

Persons: Australia's, Michelle Bullock, Bullock, Sean Langcake, Langcake Organizations: Statistics, Reserve Bank, U.S . Federal Reserve, Fed, ., Australia's Locations: SYDNEY, AUSTRALIA, Sydney, Australia, country's, Oxford

☆ 2 of our China-related stocks are on the move after the Chinese government pledges more stimulus
▼ + stars: | 2024-09-26 | 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. Starbucks shares rose roughly 2% on an analyst upgrade and the stimulus news out of China. 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, Bernstein, Brian Niccol, Jim Cramer's, Jim Organizations: CNBC, Micron, Saudi, Club, Jefferies, GE Healthcare, UBS, GE, Jim Cramer's Charitable Locations: China

☆ Fearful of the 'middle-income trap,' Indonesia pushes for major policy reform
▼ + stars: | 2024-09-26 | by ( Shafi Musaddique | ) www.cnbc.com time to read: +4 min

Incoming President Subianto has promised to continue the charge toward making Indonesia a high-income economy. Economic reforms passed through by the outgoing president will make the achieving Indonesia's grand vision easier. "Widodo put in place a bunch of economic reforms, the most noticeable being making it easier to hire and fire new workers. Indrawati hopes to avoid "the middle-income trap" — an economic development situation where growing economies stagnate at middle-income levels and are unable to advance to the ranks of high-income countries. Major policy reforms, she believes, will help Indonesia sidestep that.

Persons: Sri Mulyani Indrawati, CNBC's, Joko Widodo, Prabowo Subianto, Subianto, Widodo, Gareth Leather, Indrawati Organizations: Afp, Getty, country's Finance, International Monetary Fund, Defense, Capital Economics, CNBC, Lowy Institute Locations: Jakarta, Indonesia, Washington, Australian, China, Asia

☆ UK finance chiefs are banging the drum for one major reform to boost economic growth
▼ + stars: | 2024-09-26 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

Ian Forsyth | Getty Images News | Getty ImagesLiverpool, ENGLAND — U.K. finance chiefs are banging the drum for pension reforms to boost anaemic investment and growth in the country. William Vereker, chairman of Santander U.K., cited pension reform as one of three paths to economic growth, alongside skills and education, and regulation. "If we do not have domestic capital investing in domestic businesses, we will not see the growth that this government is so rightly focused on," he added. "For me, pension reform is the way to unlock growth in the U.K.," Lee told "Squawk Box Europe." UK pensions reviewU.K. Finance Minister Rachel Reeves in July announced a landmark pensions review as part of a "big bang" of reforms to unlock growth.

Persons: Ian Forsyth, —, William Vereker, Vereker, Muirinn O'Neill, we're, Tiina Lee, Lee, it's, Rachel Reeves, Tulip Siddiq Organizations: Labour Party Conference, ACC Liverpool, Getty, Labour, Santander U.K, Citi U.K, CNBC, Finance, Treasury Locations: Liverpool, England, ENGLAND, City, London

☆ Watch Live: Federal prosecutors announce charges against NYC Mayor Eric Adams
▼ + stars: | 2024-09-26 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: 1 min

[The stream is slated to start at 11:30 a.m. Please refresh the page if you do not see a player above at that time.] Federal prosecutors are expected to announce public corruption charges against New York City Mayor Eric Adams Thursday in a press conference in lower Manhattan. Adams has been indicted on criminal charges related to contributions to the Democrat's 2021 mayoral campaign. Damian Williams, U.S. Attorney for the Southern District of New York, James Dennehy, FBI New York Assistant Director in Charge, and Jocelyn E. Strauber, Department of Investigation Commissioner, will deliver remarks at the press conference.

Persons: Eric Adams, Adams, Gracie, Damian Williams, James Dennehy, Jocelyn E Organizations: New York City, FBI, Attorney, Southern, of, York, Department of Investigation Locations: Manhattan, U.S, of New York

The logistics of having to haul all the stuff three kids need felt like an impossible task with just two parents. AdvertisementI hated traveling with strollersMy kids are only two years apart, so we've always traveled with a stroller. The JetKids ride-on suitcase allows you to drag your kid around the airport with ease. Kids sit on the little suitcase and hold on to a strap, and the parent has a long strap to pull it. AdvertisementI tried it while traveling with my twins aloneRecently I traveled with my twins by myself for the first time.

Persons: —, I'm, strollers, we've, you've, We've Organizations: Service, Business, Passengers, Facebook Locations: Argentina, Miami

☆ Here are Thursday's biggest analyst calls: Nvidia, Apple, Micron, Nike, Meta, Microsoft, First Solar, Tesla & more
▼ + stars: | 2024-09-26 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

For long term investors we continue to believe they have the best enterprise AI platform and retain our 18-month $500 price target." Truist initiates First Solar as buy Truist said the solar company has a wide moat. " Deutsche Bank reiterates Tesla as buy The firm said it's sticking with its buy rating heading into the company's delivery report in October. UBS reiterates Micron as buy UBS said it's sticking with the stock following earnings on Wednesday. "We are taking the opportunity to reaffirm our positive view on DKNG and up our year-end 2025 price target to $54."

Persons: Goldman Sachs, Goldman, Morgan Stanley downgrades, Morgan Stanley, Oppenheimer, Truist, Tesla, Jefferies downgrades Hershey, Jefferies, it's, Orion, Bernstein, NYCB, Morgan Stanley downgrades Sonos, there's, JPMorgan, Ralph Lauren Organizations: UBS, GE Healthcare, Entertainment, Tencent, Microsoft, Inc, Deutsche Bank, Hershey, Susquehanna, Nvidia, NVIDIA, Nike, Deutsche, Apple, Barclays, Community Bank, Micron, MU, " Bank of America, Meta, Bank of America, SONO, UW, GE Vernova, GE, RL Locations: China

☆ The Fed slashed interest rates last week, but Treasury yields are rising. What's going on?
▼ + stars: | 2024-09-26 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

The Treasury market, though, hasn't been paying attention. Watching the curveThe difference between the 10- and 2-year notes has widened significantly, increasing by about 12 basis points since the Fed meeting. That sentiment is evident in the "breakeven" inflation rate, or the difference between standard Treasury and Treasury Inflation Protected Securities yields. The 5-year breakeven rate, for instance, has risen 8 basis points since the Fed meeting and is up 20 basis points since Sept. 11. watch nowFed officials aim for a 2% inflation rate, and none of the principal gauges are there yet.

Persons: Anna Moneymaker, hasn't, Jonathan Duensing, — haven't, Robert Tipp Organizations: Federal Reserve, Getty, Treasury, Amundi, Fed, CME, Treasury Inflation Locations: Washington , DC

☆ Benghazi ‘mastermind’ Ahmed Abu Khatallah resentenced to 28 years in prison
▼ + stars: | 2024-09-26 | by ( Devan Cole | ) edition.cnn.com time to read: +5 min

Washington CNN —Ahmed Abu Khatallah, the Libyan militia leader convicted for his role in the deadly 2012 terrorist attack on the US consulate in Benghazi, was resentenced Thursday to 28 years in prison, despite federal prosecutors seeking at least 60 years to life. Khatallah was present at the hearing, sitting silently at the defense table in a white prison jumpsuit and a long white beard. He listened to the proceedings through a pair of interpreters, but did not address the court at any point. The judge also sentenced Khatallah to 10 years for the fourth crime and ordered him to serve that time after completing the 12-year sentence. The judge maintained the 10-year sentence for the fourth crime, which Khatallah will serve following the first 18 years.

Persons: Washington CNN — Ahmed Abu Khatallah, Christopher Cooper, Khatallah, Cooper, ” “, ”, Glen Doherty, ” Greg Doherty, Cooper’s, “, John Crabb, ” Jeffrey Robinson, J, Christopher Stevens, Sean Smith, Tyrone Woods, Doherty, Barack Obama, Hillary Clinton, Clinton, CNN’s Laura Koran Organizations: Washington CNN, Justice Department, DC, White House Locations: Benghazi, Washington , DC, Libya, America

☆ This 50-year-old concept is still the best way to make yourself productive, says expert: 3 simple ways to master it
▼ + stars: | 2024-09-26 | by ( Natalie Wu | ) www.cnbc.com time to read: +5 min

States of flow can lead to productive work sessions or explain your compulsion to endlessly scroll through social media. The act of pulling the lever turns an uncertain outcome into a certain one. Binary tasks, where the only outcomes are success or failure, aren't very conducive to flow, Melnikoff says. have a yes-or-no outcome, you're better off focusing on a more ambiguous number of consecutive successes or failures, Melnikoff says. "People value the sense that they're being productive and one with the activity that they're engaging in.

Persons: David Melnikoff, Mihaly Csikszentmihalyi —, Melnikoff, doesn't Organizations: Stanford Graduate School of Business, CNBC Locations: States, they're

☆ We may have finally pulled ourselves out of our economic funk
▼ + stars: | 2024-09-26 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

After two years of the double pain of inflation and high interest rates, those things are normalizing. Sure, jobs were plentiful and the economy was growing, but the combination of high prices and high interest rates felt demoralizing. It’s hard to overstate how much interest rates can change the economic mood, Brendan Duke, a senior director for economic policy at the Center for American Progress, told me. And while both Vice President Kamala Harris and former President Donald Trump have proposed ways to increase the housing supply, the process will take years. “There are economic trends like falling interest rates, and there are policies like making an investment in housing supply that can move the needle,” Duke says.

Persons: CNN Business ’, New York CNN —, Matt Phillips, Dow, That’d, Brendan Duke, ‘ it’s, ’ ”, that’s, Kamala Harris, Donald Trump, It’s, ” Duke, they’re Organizations: CNN Business, New York CNN, Dow, Wall, Center for American Progress, National Association of Realtors Locations: New York, Canada, Australia, New Zealand

☆ Meta's misinformation problem has local election officials struggling to get out the truth
▼ + stars: | 2024-09-26 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +14 min

Meanwhile, multiple Facebook users in states like North Carolina, Mississippi and New Jersey continue to share the ballot misinformation without any notification that it's false. Across the U.S., with 40 days until the Nov. 5 election, state and local officials say they are puzzled by what to expect from Facebook. In 2020, the site hosted rampant misinformation about politically charged issues like Covid treatments, masking and voter fraud. Given Maricopa County's high profile during the election season, the state often attracts attention from Facebook users across the country. During a Senate hearing last week on election threats, Meta's head of global affairs, Nick Clegg, fielded questions about the company's election preparedness.

Persons: Rebecca Noble, Derek Bowens, Bowens, Meta, Donald Trump, Hillary Clinton, Elon Musk, Kamala Harris, Taylor Kinnerup, Kinnerup, she'd, Meta's, Saul Loeb, Nick Clegg, Sen, Susan Collins, Collins, Clegg, Scott McDonell, it's, McDonell, Jeramy Gray, Gray, we've, Harris Organizations: Department, Facebook, USA, North Carolina State Board, CNBC, Meta, Republican, Russian, Trump, Pew Research Center, Elon, Associated Press, Reuters, Democratic, Maricopa, National Constitution Center, AFP, Getty, Intelligence, Homeland Security, FBI Locations: Maricopa County, Mesa, Arizona, Mesa , Arizona, U.S, Durham County , North Carolina, N.C, North Carolina , Mississippi, New Jersey, Springfield , Ohio, Canada, North Carolina , Arizona, Philadelphia , Pennsylvania, Maine, China, Dane County, Wisconsin, Los Angeles County, North Carolina's Durham County

☆ Breaking down Micron's giant rally. Why JPMorgan thinks shares can jump nearly 90%
▼ + stars: | 2024-09-26 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

The good times should continue to roll for shares of Micron Technology , according to Wall Street analysts. The move put the company on pace for its best day since 2011 and put shares up more than 31% year to date. MU YTD mountain Shares performance this year The analyst reiterated his overweight rating and $180 price target, reflecting 88% upside from Wednesday's close. Goldman Sachs' Toshiya Hari reiterated his buy rating and adjusted his price target to $145 from $158, still pointing to a 51% gain. The analyst has a price target of $146 on Micron, signaling a 46% increase.

Persons: Harlan, Goldman Sachs, Toshiya Hari, Mark Li, Tim O'Malley, O'Malley Organizations: Micron Technology, Wall Street, Wall, MU, Micron, Barclays Locations: Harlan Sur

While HYSA rates are dropping, they're still far higher than many traditional savings account rates. With the Fed cutting rates for the first time in four years, many are anticipating a decrease in the interest rates on high-yield savings accounts — finding a high-yield savings account with a 5% interest rate is already getting harder. High-yield savings accounts are low-riskOne major reason to keep your money in a high-yield savings account is that it is a low-risk option. Interest rates still beat other savings accountsOne of the best reasons to keep your money in a high-yield savings account is the higher interest rate compared to traditional bank savings accounts. High-yield savings accounts are still ideal for your emergency fundHigh-yield savings accounts are an excellent choice for short-term (up to a year) and medium-term (one to five years) financial goals.

Persons: they're, Jovan Johnson Jovan Johnson, Jovan Organizations: Barclays Bank, Bank of America, CPA, Instagram Locations: Atlanta , Georgia

☆ After my divorce, I took back my old last name. I feel like I took back my identity.
▼ + stars: | 2024-09-26 | by ( Sassafras Patterdale | ) www.businessinsider.com time to read: +4 min

I was kicked out of my house as a teen and changed my last name to separate from my family. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . She told me I had the option of going back to my old last name as part of my divorce. I have an amazing community and chosen family, but it's something I've had to build on my own. Each time I see my "new" old name, I feel myself growing more confident and comfortable in the life that I am building — instead of living in the shadow of an old relationship.

Persons: —, I've, it's, I'm Organizations: Service, DMV Locations: Canada, Europe

☆ At 65 I feel better than ever. I stopped weighing myself, eat healthier, and do exercises that feel good.
▼ + stars: | 2024-09-26 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +4 min

I was a plump, complex, introverted, spotty-faced teen and felt like such a disappointment to my family of high achievers. I stopped checking how much I weighed and started living my life. As I listened to my body, I could feel it start to change shape from a pear to an inverted triangle. Every year, I have felt even better about who I am as a whole — body and soul. I lead a dietless life, fuelled by healthy living, and am no longer defined by a number.

Persons: —, Alison Weihe, I'm, I've Organizations: Service, Business

Does this style look like anything you’ve seen before? That’s what’s happening in this Japanese woodblock print — only it’s Tokyo (then called Edo), the year is 1857, and we’re crossing the Sumida River. This summer scene, titled “Great Bridge: Sudden Rain at Atake,” is one in a series of at least 118 different views Hiroshige created about life in 19th-century Edo across the seasons. In fall:In winter:In spring:And of course, there’s the summer rain you spent some time with. Ms. May recently curated a show of Japanese prints at the museum.

Persons: you’ve, Utagawa Hiroshige, You’re, Hiroshige, May, ” Ms, Ms, Vincent van Gogh, Theo, Vincent, Van Gogh, ”, Nienke Bakker, van Gogh, Bakker, James McNeill Whistler, Alfred Barr, Tetsuya Noda, — Organizations: Carnegie Museum of Art, Fuji, Smithsonian, Van, Museum of Modern, ” Locations: Japan, ”, Tokyo, Edo, Japanese, Atake, Pittsburgh, Paris, Van Gogh, Amsterdam

☆ What made Reddit's IPO successful? Business leaders share key strategies for launching into the public market.
▼ + stars: | 2024-09-26 | by ( Jean Paik | ) www.businessinsider.com time to read: +4 min

Leaders recommend preparing for an IPO well in advance and tailoring the process to a company's needs. Reddit recently made its successful debut on the public market, pricing its shares at the top of the expected valuation range. Business Insider's virtual event "The Road to IPO," in collaboration with Fidelity, brought together a panel to discuss the key preparations, concerns, and decision-making strategies for business leaders looking to go public. "It gave us a chance to really think to practice being a public company without actually being one." Before and after going public, Rose said, the company has valued transparency with its employees.

Persons: —, Jesse Rose, Reddit's, Goldman Sachs, Watkins, Akin Oyedele, Elizabeth Reed, Rose, Reddit, Kristen Craft, Rick Kline, Latham, Spiegelberg Organizations: Fidelity, Service, Business, Reddit, Brunswick Group, Latham, Fidelity Private, Watkins, Bay Area

☆ Here's why Wells Fargo is our top performer Thursday — plus, 3 things we want from Costco's earnings
▼ + stars: | 2024-09-26 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Chipping away: Shares of Wells Fargo popped around 5% on signs of progress in its multiyear journey to clean up its operations and have its Federal Reserve-mandated asset cap removed. In addition, this news pushes back on the idea that Wells Fargo recently suffered a regulatory setback. 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, Wells, Wells Fargo, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Micron, Street, Department of Justice, AMD, Starbucks, Chipping, Reserve, Bloomberg News, Fed, Bloomberg, Currency, Club, Costco, Jim Cramer's Charitable Locations: China, Wells

☆ The housing market is seeing its biggest logjam since before the pandemic
▼ + stars: | 2024-09-26 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The housing market is in the midst of its biggest slowdown since the pandemic, according to Redfin. Homes stayed on the market for the longest in West Palm Beach, Florida, with listings taking a median 79 days before being sold. That was followed by Fort Lauderdale, Florida, and Jacksonville, Florida, where homes stayed on the market for a median 75 and 65 days respectively. Seattle was the hottest housing market in the nation last month, with homes staying on the market for a median of 12 days, per Redfin's report. "Anyone who has been paying attention to the housing market over the past few years knows that desirable homes sell right away," Fairweather said.

Persons: It's, Darryl Fairweather, Redfin's, " Fairweather, Redfin Organizations: Business, . Homes, Federal Reserve, Buyers Locations: Towns, Florida, Texas, Palm Beach , Florida, Fort Lauderdale , Florida, Jacksonville , Florida, Seattle, Indianapolis , Indiana, Warren , Michigan

☆ Google backs a startup that aims to bring mixed reality to any car windshield or plane cockpit
▼ + stars: | 2024-09-26 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

Distance TechnologiesDistance Technologies, a Finnish startup that aims to bring mixed-reality technology to any car windshield or plane cockpit, has raised 10 million euros ($11.1 million) of funding from GV, the venture capital arm of Alphabet and other investors. Distance raised the cash injection in a seed round led by GV, with existing investors FOV Ventures and Maki.vc also stumping up more cash for the startup, the company told CNBC on Thursday. Konttori was formerly chief technology officer of Varjo, another Helsinki-based mixed-reality firm. "The main difference here is that we are driven by the software," Mäkinen told CNBC. For now, Distance has had to use simple optics and normal LCD displays to demonstrate its technology to prospective partners and investors.

Persons: Maki.vc, Konttori, Roni Hiranand, Meta, Jussi Mäkinen, Mäkinen, he's Organizations: Technologies, GV, FOV Ventures, CNBC, Helsinki, Google Ventures, Companies, Huawei, Bosch, Continental, Panasonic, Distance Technologies Locations: Finnish, Helsinki, China

☆ CNBC's Inside India newsletter: Can India grow as fast as China did?
▼ + stars: | 2024-09-26 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Yet, India's central bank appeared to dismiss the negativity earlier this month and reiterated its bullish view of India's growth rate, still expecting the economy to grow by 7.2%. However, when prompted on whether India's growth rate could compete with what China has already achieved for over two decades, the governor was less buoyant. But if you are looking at 10-plus growth, before I venture into that, I have to really do my homework much more," Governor Das said. This week, China's central bank, President Xi Jinping and other top leaders announced plans to boost the country's economy and attract investment. If India intends to grow as fast as China did, it may have to get a move on.

Persons: Goldman Sachs, CNBC's Tanvir Gill, Shaktikanta Das, Das, Narendra Modi, he's, –, Xi Jinping, David Tepper, he'd, Kaanhari Singh Organizations: Bank of America, Deutsche Bank, Reserve Bank of India, CNBC, Bank, Appaloosa Management, Barclays Locations: Wall, India, China

☆ CNBC Daily Open: AI-adjacent companies may be the next big play
▼ + stars: | 2024-09-26 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. U.S. markets slipped as Asian stocks riseU.S. stocks mostly fell Wednesday. The S&P 500 lost 0.19% and the Dow Jones Industrial Average slipped 0.7%, while the Nasdaq Composite closed near the flatline. Support for semiconductor plansIndian Prime Minister Narendra Modi plans to turn the country into a semiconductor powerhouse.

Persons: Mira Murati, Bob McGrew, Narendra Modi, Modi, Meta, Blackstone, Equity's Organizations: CNBC, Dow Jones, Nasdaq, SK Hynix, Indian, Labs Locations: U.S, Hong Kong, India, Asia

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