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Hasan Akbas | Anadolu | Getty ImagesThis 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. October, then, is truly living up to its reputation as the most volatile month for stocks. But investors should keep in mind the uncomfortable swings in markets aren't always a good signal for the underlying health of stocks. In fact, when stocks dip because of mild repricing or a correction, that's a good opportunity for investors to swoop in, according to Johnson.
Persons: SPX, Hasan Akbas, Robert Sluymer, Piper Sandler, Craig Johnson, Johnson, – CNBC's Hakyung Kim, Samantha Subin, Alex Harring Organizations: Anadolu, Getty, CNBC, Nasdaq, Nvidia, Palo Alto Networks, Meta, Dow Jones, RBC Wealth Management Locations: Alaska, United States, U.S, aren't
Elon Musk's Las Vegas tunnel network has faced at least 67 trespassing incidents since 2022. Musk's Boring Company wants to expand its Vegas network to create a 68-mile loop. AdvertisementElon Musk's Las Vegas tunnel network has a trespassing problem. Related storiesThe Boring Company's Las Vegas tunnel opened in 2021. The Boring Company and Las Vegas Convention and Visitors Authority did not respond to a request for comment, sent outside normal working hours.
Persons: Elon, , Musk's, Boring, Elon Musk Organizations: Musk's Boring Company, Service, Las Vegas Convention, Fortune, Visitors Authority, Elon, Boring Company, Boring Locations: Las Vegas, Teslas
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
He's a tech thought leader and one of the inventors of social media. He never posts pictures of his kids online, and tries not to let his toddlers see his phone. Related storiesI rely on group texts insteadFor me, group texting is what social media was five years ago. AdvertisementI teach my kids about online privacy and critical thinkingJust like I teach my children about physical privacy within the home, I talk with them about online privacy, too. Or, "Social media can lock you inside your head and expose you to ideas you're not ready for."
Persons: Mark Weinstein, , I'm, That's Organizations: Service, Social, Big Tech
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple Intelligence will create the biggest upgrade cycle in years, says EMJ's Eric JacksonEric Jackson, EMJ Capital, joins 'Closing Bell' to discuss the return of the 'Teflon Tech' trade.
Persons: EMJ's Eric Jackson Eric Jackson Organizations: Apple Intelligence, EMJ, Tech
However, the court’s decision is non-binding and Italy and Albania are not prohibited by the ruling from going forward with the plans. That’s all, very normal variations during construction.”A general view of the reception center for migrants in Shengjin, Albania, on June 4, 2024. If they do not qualify for asylum, they will be deported to “safe” countries, according to the agreement between Italy and Albania. The cost comes to around 7.5% of what Italy currently spends on its migrant reception centers, Meloni said in June, speaking alongside Rama. Other listed “safe countries” include Egypt, Tunisia and the Ivory Coast, citizens of which make up a large portion of arrivals.
Persons: Rome, It’s, Gjader –, Matteo Piantedosi, There’s, Florion Goga, Piantedosi, Giorgia, Keir Starmer, , ” Meloni, Meloni, Starmer, Rama, ” Rama, Giorgia Meloni, Adnan Beci, ’ ”, Alketa Misja, , ” Gianfranco Schiavone, Schiavone Organizations: Rome CNN, European Union, Court, Justice, Reuters, CNN, United Nations, Refugees, UNHCR, Interior Ministry, Meloni, Amnesty, Italy's, Albania's, Edi, Getty, AP, Migration, United Nations ’ International Organization for Migration, Union Locations: Albania, Italy, European, Albanian, Shengjin, Gjader, Agrigento, Sicily, Catania, Malta, Greece, Spain, Libya, Tunisia, Meloni’s, Rome, Europe, AFP, Italian, Bangladesh, Egypt, Ivory Coast, Afghanistan, Syria, Lezhe, Refoulement, North, Denmark
Soo Kim: The 35 acres can be put to higher and better use.
  + 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 EmailSoo Kim: The 35 acres can be put to higher and better use. In a historic moment for Las Vegas, two iconic buildings are demolished to make way for a new MLB stadium for the A's. Bally's Chairman discusses the significance of this redevelopment, highlighting the economic potential and the opportunity to create a state-of-the-art venue that will draw millions of visitors.
Persons: Soo Kim Organizations: MLB, Bally's Locations: Vegas
The severe solar storm, classified as a level 4 on a scale from 1 to 5, also could disrupt communications, the power grid and satellite operations, according to officials at the center. “Geomagnetic storms can impact infrastructure in near-Earth orbit and on Earth’s surface,” according to the Space Weather Prediction Center. But if the storm escalates to a G5, auroras could be visible across southern states and elsewhere around the world. Before then, the last G5 storm to hit Earth was in 2003, resulting in power outages in Sweden and damaging power transformers in South Africa. The solar storm in May was the most successfully mitigated space weather storm in history, Dahl said.
Persons: won’t, Shawn Dahl, Hurricane Milton, Dahl, auroras, John Deere, ” Dahl, we’re, Organizations: CNN, Prediction, Federal Emergency Management Agency, Hurricane, Dynamics, NASA, Oceanic, Atmospheric Administration Locations: United States, Alabama, Northern California, American, Eastern, Sweden, South Africa
New York CNN —Melinda French Gates is shedding more light on her $1 billion plan to promote women’s rights, announcing Wednesday a new $250 million fund to improve women’s mental and physical health. The billionaire philanthropist launched “Action for Women’s Health”, a fund through her organization Pivotal Ventures. Its webpage says that “women’s health has been underfunded, overlooked, and misunderstood” and that health inequities between men and women “not only impact women’s daily lives, but they can also hurt women’s futures.”“It’s clear we need to do a better job of addressing the barriers to women’s health. “We’re seeing the devastating impacts” of Roe v. Wade, the landmark 1973 abortion rights case, being overturned, French Gates told the publication. Harris, the Democratic nominee for US president, has been vocal about women’s reproductive rights.
Persons: Melinda French Gates, , Gates, Dobbs, , Roe, Wade, Kamala Harris, Harris, Melinda Gates, Bill Gates Organizations: New, New York CNN, Women’s Health, Ventures, New York Times, Bloomberg, CBS, Democratic, Melinda Gates Foundation Locations: New York
A Trump win would pose risks to economic growth and inflation in Europe, ECB member Joachim Nagel says. Officials in Europe, for their part, are warily eyeing what a Donald Trump win would mean. Nagel's comments come just weeks before the US presidential election and follow previous warnings from ECB members about the potential impact of a Trump win. AdvertisementBack in January, ECB president Christine Lagarde said a Trump win is "clearly a threat" to Europe considering the policies he implemented during his first term in office. She pointed to Trump's tariffs, commitment to NATO, and climate change policies, which she said were misaligned with European interests.
Persons: Joachim Nagel, Nagel, , Donald Trump, Trump, he'd, " Nagel, there's, it's, Harris, Kamala Harris, Christine Lagarde Organizations: Trump, Service, European Central Bank Governing, Tuesday, Bloomberg, Federal, NATO Locations: Europe, Germany, Berlin, Italy, EU
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
Spotify's HR chief told Raconteur that the company will maintain its work-from-anywhere policy. AdvertisementAmazon might be ordering employees back to the office 5 days a week, but don't expect Spotify to follow suit. Spotify's latest reaffirmation of its WFA policy bucks the current trend of companies pushing to get employees in the office more days a week. Many executives and leaders have attributed their RTO mandates to increased productivity and collaboration when employees work together in the office. "Over time, this drawback could dramatically undermine the character and culture you want to promote in your company," Dimon added.
Persons: Raconteur, , Katarina Berg, Berg, Fortune, Goldman Sachs, Mark Zuckerberg, Jamie Dimon, Dimon, Andy Jassy Organizations: Spotify, Service, WFA, Stockholm School of Economics, JPMorgan, Meta, Amazon . Workers, Disney
The Nobel Prize in chemistry was awarded in Sweden on Wednesday. EXCLUSIVE: The moment John Jumper shares the news about his 2024 Nobel Prize in Chemistry. pic.twitter.com/OhNSwiKwgQ — The Nobel Prize (@NobelPrize) October 9, 2024Since the pair’s key paper was published in 2021, it has been cited more than 13,000 times. They are generally built from 20 amino acids that can be combined in endless ways. Using the information stored in DNA as a blueprint, the amino acids are linked together in our cells to form long strings.
Persons: , David Baker, Hassabis, John Jumper, Jonathan Nackstrand, Wednesday’s, Lasker, , David Pendlebury, Baker, Johan Aqvist, ” Aqvist, Geoffrey Hinton, John Hopfield Organizations: CNN, Getty, Google, Clarivate’s Institute for Scientific, University of Washington Locations: Sweden, AFP, British, American, DeepMind
All four drugs are in a class of wildly popular weight loss drugs known as GLP-1s. In the United Kingdom, authorities last year seized hundreds of counterfeit Ozempic pens — insulin pens that had been relabeled as Ozempic. Counterfeit weight loss drugs have serious health risks, according to the pharmaceutical companies and federal officials. Counterfeiters are already trying to cash in on a weight loss drug that the company hasn't even put on the market yet: retatrutide. But it's also one of the epicenters of the lucrative counterfeit drug trade, according to U.S. authorities who track counterfeit drugs.
Persons: It's, , Eli Lilly's Mounjaro, they've, Laver, Andy Morling, CNBC Morling, Eli Lilly, Daniel Skovronsky, Eli Lilly's, we'll, Skovronksy, John F, Sal Ingrassia, Ingrassia, Customs isn't, we've, Yoav Keren, GLP, TikTok, Keren, BrandShield, it's, Nicole Johnson, CNBC Johnson, Johnson, Mike Doustdar, Doustdar, Direnc Bada Organizations: CNBC, U.S, Laver Beauty, DHL, Novo Nordisk, Laver, Medicines, Healthcare Products Regulatory Agency, Lilly Research Labs, Kennedy International, JFK International Mail Facility, U.S . Customs, Border Protection, JFK, CBP, Protection, CNBC CNBC, FDA, Customs, Meta, Facebook, World Health Organization, U.S ., Intellectual, Coordination Center, National, Turkish National Police, Novo Nordisk's, CNBC Counterfeiters, CNBC FDA Locations: BOULDER, COLO, Boulder, Ozempic, Shijiazhuang, China, Beijing, Englewood Cliffs , New Jersey, United Kingdom, London, New York City, U.S, Turkey, Europe, South America, United States, India, Mexico, Istanbul, Zurich
Pittsburgh CNN —In the years that Pennsylvania Senate candidate Dave McCormick led one of the world’s largest hedge funds, the firm bet millions of dollars against some of the state’s biggest and most iconic companies, financial filings show. For financial institutions, short positions can be lucrative. The fund shorted about four dozen companies from Pennsylvania during McCormick’s tenure, the records show. The fund did invest in stocks of some of the same Pennsylvania companies it shorted in other years, and overall, it reported spending more money buying stocks of Pennsylvania companies than shorting them in four of the five annual reports reviewed by CNN. She argued that the short positions Bridgewater took in Pennsylvania companies didn’t negatively impact employees because they represented a small fraction of each company’s overall value.
Persons: Dave McCormick, McCormick, , , Kevin Boltz, Democratic Sen, Bob Casey –, Casey, Luke Sharrett, Elizabeth Gregory, Dave, ” Gregory, Bridgewater, ” McCormick wasn’t, Andrew Jennings, Dan Mallinson, “ They’re, ” Mallinson, “ That’s, ” Eric Talley, Talley, I’m, Justin Merriman, McCormick’s, Biden, Bernie Hall, ” Hall, Gregory, Michael M, Eric Hovde of, Tim Sheehy, Bernie Moreno, dogging McCormick, Mallinson Organizations: Pittsburgh CNN —, Bridgewater Associates, The Hershey Company, US Steel, CNN, US Department of Labor, Republican, Hershey, Democratic, Bridgewater, Bloomberg, Getty, McCormick’s, Bridgewater Equity Fund, Labor, Securities and Exchange Commission, Comcast, Penn National Gaming, Emory University School of Law, Penn State, Columbia University, Steel, Japan's, Nippon Steel, Keystone, Nippon, Pennsylvania, United Steelworkers, Senate, Penn Locations: Pennsylvania, Bridgewater, Harrisburg, Pittsburgh, China, Eric Hovde of Wisconsin, Montana, Ohio
Jaap Arriens | NurPhoto via Getty ImagesLONDON — Increasingly many financial services firms are touting the benefits of artificial intelligence when it comes to boosting productivity and overall operational efficiency. Despite bold statements, a lot of companies are failing to produce tangible results, according to Edward J Achtner, the head of generative AI for U.K. banking giant HSBC . One example he gave was a partnership that HSBC has in place with internet search titan Google on the use of AI technology anti-money laundering and fraud mitigation. Boteju stressed that Lloyds is "proceeding with caution" when it comes to exposing the bank's customers to generative AI tools. Generative AI, on the other hand, is a more nascent technology, according to the Lloyds exec.
Persons: Jaap Arriens, Edward J Achtner, Achtner, Ranil Boteju —, Nathalie Oestmann, ChatGPT, Klarna, headcount, Sebastian Siemiatkowski, Siemiatkowski, Oestmann, Boteju, Banks, we've, Bahadir Yilmaz, Yilmaz, It's, Johan Tjarnberg Organizations: NurPhoto, Getty, HSBC, Leadership, Lloyds Banking Group, NV Ltd, Royal Albert Hall, Microsoft, Google, BBC, NV, CNBC, Lloyds, ING Locations: London
Former President Donald Trump on Tuesday announced a “Latter-Day Saints for Trump” coalition less than a month before Election Day, as the campaign looks to shore up support among a key voting bloc in which defections could be particularly damaging in key western battlegrounds. “President Trump has consistently stood by our side in defending both, ensuring that Latter-day Saints and people of all faiths can worship freely and live according to our beliefs,” Lee said. Latter-day Saints voters’ steadfast support for GOP candidates has long helped keep Utah and Idaho — the states with the largest share of LDS voters — impenetrably red on election nights. The former president plans to hold a roundtable with Latter-day Saints leaders on Sunday in Arizona, according to a campaign aide. The Harris campaign hosts a “Latter Day Saints for Harris-Walz coalition on its website and launched an advisory committee in Arizona last month.
Persons: Donald Trump, Sen, Mike Lee, Celeste Maloy, Burgess Owens, Sean Reyes, Trump, ” Lee, , Joe Biden, Biden, Andy Biggs, Pinal County Sheriff Mark Lamb, Lamb, Kamala Harris ’, Harris, Walz, Robert Oaks, Glenn Beck, Donald Trump Jr Organizations: Trump ”, Utah Republicans, , America, Democratic, Arizona, GOP, Arizona Republicans, Trump - LDS, Rep, Pinal County Sheriff, Sunday, Trump, Harris, LDS, Air Force, Diesel, , NBC News Locations: Utah, Arizona, Idaho, Pinal County
SKIP AHEAD Best Prime Day kitchen deals | More Prime Day kitchen sales | Best kitchen sales at other retailers | How I picked the best kitchen deals | Why trust NBC Select? Best Prime Day kitchen deals4.7-star average rating from 1,275 reviews on AmazonLowest price in three monthsNinja makes some of the best air fryers on the market, including this multifunctional option with buttons on the front that let you easily control its settings. Best Prime Day kitchen salesHere are the best Prime Day kitchen sales to know about. Best kitchen sales at other retailersCrate & Barrel: Up to 20% espresso and coffee machines from Breville, Cuisinart, KitchenAid and Miele. Target: Target Circle Week deals kitchen appliances Walmart: Up to 30% off on kitchen appliancesHow I found the best Prime Day kitchen dealsAll of my recommendations above are based on NBC Select’s previous coverage and reporting.
Persons: I’ll, Ninja, fryer, Chefman, cappuccinos, TikTok Organizations: NBC, Big Deal, Wellness, Bath, Giftable Tech, Deal, Facebook, Twitter
Prime Big Deal Days is here, giving Prime members exclusive access to deals across categories like AirPods, vacuums, and sneakers. In fact, it’s currently on sale for its lowest price ever right now. Why trust NBC Select? I’m a freelance writer for NBC Select, who has covered deals and sales for three years. To evaluate the quality of this Magna-Tiles deal, I ran it through price trackers like CamelCamelCamel to ensure it’s at its lowest price in at least three months.
Persons: it’s, TikTok Organizations: NBC, Facebook, Twitter
The Weather Prediction Center has increased the rainfall threat for Wednesday to a rare “high” risk, or a level 4 of 4. For Tampa that would equal more than five months’ worth of rain – the average for October is 2.34 inches. More than 10 inches of rain could also break monthly records for some cities in central Florida. The heavy rainfall combined with high storm surge could create an especially dangerous situation. Flood watches remain for nearly 20 million people across Florida, and over 5 million people are under storm surge alerts.
Persons: Fort, Flood Locations: Tampa, Orlando, Florida, Fort Myers, Sarasota, Gulf, Atlantic, Milton
Speaking at the Cipher Brief security conference in Sea Island, Georgia, Burns said Iran has advanced its nuclear program by stockpiling uranium enriched to near weapons-grade levels. CIA Director William Burns during a hearing of the House (Select) Intelligence Committee in Washington, D.C., on March 12, 2024. Iran has developed the “means of delivery” for a potential nuclear weapon by building up its missile arsenal, he said. The JCPOA imposed strict limits on Tehran’s nuclear program while easing economic sanctions on the country. Estimates vary as to how much time it would take Iran to build a viable nuclear weapon once it has acquired enough fissile material.
Persons: William Burns, Burns, Anna Moneymaker, ” Burns, Ayatollah Ali Khamenei, Donald Trump, , , , Israel Organizations: CIA, Intelligence, Washington , D.C, Iran’s Locations: Iran, U.S, Iranian, Sea Island , Georgia, Washington ,, Tehran “, Lebanon, Israel, Gaza, United States, Russia
Aristocrat Gaming CEO Hector Fernandez told CNBC that digital opportunities are key to the company's future — as is ensuring its intellectual property is protected. The District Court of Nevada agreed and issued a preliminary injunction against Light & Wonder in late September. Light & Wonder said it disagrees with the ruling — but dismissed one of the designers who worked on the game. Light & Wonder told CNBC it has complied with the court's order and plans to modify Dragon Train and relaunch it in the future. Fernandez also told CNBC that the company is focused on digital opportunities as part of its overall strategy.
Persons: Hector Fernandez, Fernandez, It's Organizations: CNBC, Nevada, Wonder, American Gaming Association, FanDuel Locations: Australia, United States, iGaming
New York CNN —When the latest spooky season passes, it won’t mark the end for some Spirit Halloween stores, with the chain planning to convert some locations and keep them open for the holidays. The retailer is opening a total of 10 Spirit Christmas stores, primarily in the US Northeast, filled with the winter holidays-themed items including gifts, decorations and inflatables. The pop-up chain will be a mixture of some converted Spirit Halloween stores and new locations. This year, Spirit Halloween opened a record 1,525 stores in the United States and Canada. The winter holidays are even a bigger business for Spirit Halloween to tap into: Last year, spending across the country grew nearly 4% to a record $964 billion, the NRF said.
Persons: Santa, , , Spencer Organizations: New, New York CNN, CNN, National Retail Federation Locations: New York, , New Jersey, United States, Canada
Chris Pine is now a children’s book author
  + stars: | 2024-10-08 | by ( Lisa Respers France | ) edition.cnn.com   time to read: +2 min
CNN —Actor Chris Pine is telling a different type of story these days. The pair soon learn that they have some things in common. “It was during the first part of [COVID] quarantine, I was out on a walk with a friend, and my dog chased after a squirrel,” Pine said. “My friend was like, ‘I don’t think I know about a story about a dog chasing a squirrel.’ It seems so universal. Doesn’t every dog chase a squirrel?
Persons: Chris Pine, ” Pine, I’m, I’ve, Zurl, Pine, , , Seuss, ” “, Organizations: CNN, People
Dana Blue is an estate-planning attorney who helps families navigate assets after a loved one dies. AdvertisementThis as-told-to essay is based on a conversation with Dana Blue, a 44-year-old estate planning, probate, and real estate attorney in Philadelphia. AdvertisementAfter almost a decade of being an attorney, I've witnessed the variety of ways inheritance has changed people, both positively and destructively. It can isolate you from family membersInheritances can impact family members in different ways and even tear them apart. A brother who moved away 20 years ago and cut himself off from the family will still receive his 50% inheritance.
Persons: Dana Blue, , I've, client's, there's, didn't, you'll, it's, Lauryn Haas Organizations: Service, Rover, lhaas Locations: Philadelphia
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