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☆ Stocks to play China's shopping festival — even if consumers spend less
▼ + stars: | 2024-11-03 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

As China's biggest shopping festival of the year gets underway, analysts are starting to favor Chinese logistics companies as a way to play the online shopping trend. The JPMorgan report initiated coverage of U.S.-listed ZTO Express , which the analysts said is China's largest express parcel player with more than 20% of the market. ZTO YTD mountain ZTO Express shares in the U.S. in 2024. Morgan Stanley is less bullish, rating J & T equal-weight while citing competitive risks in China and potential challenges in Southeast Asia. "Cuts on overseas profitability outlook has weakened our investment thesis," the Morgan Stanley analysts said.

Persons: JD.com, Morgan Stanley, ZTO, Morgan Stanley's, Nomura, Jet Li, Li, Michael Bloom Organizations: JPMorgan, YTO Express, STO Express, Yunda, T Global Express Ltd, ZTO's, ZTO Express, J, T Global Express, HK, Nomura, Hong Kong, Hong, CNBC Locations: Hong Kong, U.S, China, Southeast Asia, T Global Express Hong Kong

☆ Downtown Orlando Halloween shootings: Police search for a motive after gunfire left 2 dead in crowded nightlife district. Here’s what we know
▼ + stars: | 2024-11-02 | by ( Paradise Afshar | Andy Rose | Ashley R. Williams | ) edition.cnn.com time to read: +7 min

This was the 27th mass shooting in Florida this year, according to the Gun Violence Archive, with more than 400 nationwide. About 100 officers were working a detail in the area, which allowed for a quick response but did not appear to deter the shooter, Smith said. and Orange Ave., where a shooting occurred during Halloween festivities on November 01, 2024, in Orlando, Florida. “Shortly after reported shots fired, a shooting suspect was located and taken into custody at Washington and Orange,” Smith said. Bloodstains were seen on the sidewalk along Orange Ave., where a shooting occurred during Halloween festivities on November 01, 2024, in Orlando, Florida.

Persons: Marlei Martinez, Eric Smith, Smith, ” Smith, “, Andrew Bain, ” Bain, Gerardo Mora, Sofia Alcala, WKMG, ”, Buddy Dyer, ” Dyer, Shan Rose, ” Rose, Bloodstains, I’m, Florida –, Anthony Berry, could’ve, Joseph Ibrahim, Berry Organizations: CNN, Orlando, Police, Orlando Regional Medical, Authorities, Central Blvd, Getty, University of Central Florida, Health Locations: Florida, Orange, Orlando , Florida, Washington, Orlando

"He can do anything he wants," Trump said. The CDC has routinely said that the worst side effects from Covid vaccines are not worse than the potential effects of the Covid virus. And, Covid vaccines do not increase the risk of death, while the Covid virus does. In August, he suspended his own independent presidential campaign and endorsed Trump. “The only thing President Trump and his campaign team are focused on is winning on November 5th," Trump campaign senior adviser Jason Miller said in a statement Friday.

Persons: Donald Trump, Robert F, Kennedy Jr, —, Tucker Carlson, Kennedy, Trump, “, Carlson, Joe Rogan, Vance, he'd, I’ve, I’m, he's, Tulsi Gabbard, Howard Lutnick, Lutnick, Bobby Kennedy Jr, Karoline Leavitt, Jason Miller, Bobby Kennedy, ” Organizations: Fox News, Trump, Covid, Centers for Disease Control, CDC, NBC News, Food, Democratic, Department of Health, Human Services, Department of Agriculture, CNN, National Institutes of Health, NBC, RFK Locations: Arizona

With evolving workplace priorities, the Workforce Innovation board also predicted which new roles might emerge in the C-suite, including "chief transformation officer" and "chief experience officer." AdvertisementTim Paradis: We've seen new C-suite roles emerge in recent years, like chief AI officer and chief ethics officer. Then, while there is a "chief AI officer" role that's picking up, there is also a lot of focus on automation. Pittman: I think that a lot of these roles — whether it's chief diversity officer, chief risk officer, chief digital officer — are really about building new competencies that are not widely spread. AdvertisementThe number of companies naming chief transformation officers grew about 140% over the last couple of years.

Persons: Maggie Hulce, Julia Hood, Alicia Pittman, Neil Murray, that's, Kenon Chen, Anant Adya, everybody's, Justina Nixon, Saintil, We've, we've, Borgonovo, Tim Paradis, Nixon, It's, Pittman, Chen, isn't Organizations: Business, Workforce Innovation, Boston Consulting, Clear, Infosys, IBM, Saintil, Mastercard

☆ Eva Longoria had 'no idea' how investments worked when she put $6 million into 'John Wick.' 10 years later, she still gets checks in the mail.
▼ + stars: | 2024-10-31 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +12 min

Eva Longoria stepped in at the last minute with a $6 million investment that saved "John Wick." "I want to be making money while I'm sleeping," Longoria said of her investment philosophy. AdvertisementTen years ago, Eva Longoria became the unlikely savior of "John Wick." I love David saying, "They went to people with bankroll." AdvertisementWhat have you made off that $6 million investment?

Persons: Eva Longoria, John Wick, she's, Longoria, —, Chad Stahelski, David Leitch, Gabrielle, Keanu Reeves, Michael Park, Reeves, Stahelski, Leitch, She's, Natalie Portman's, David, I've, you've, Keanu, I'm, Eva, Chad, Alexandra, You've, Bob Iger, Willow, Orlando Ramirez, Getty, Angel City, Natalie Portman, Al Tylis, Sam Porter, Ryan Reynolds, Rob McElhenney, Rob, Ryan, Garza, Gonzalo Marroquin, Eva Longorias, that's Organizations: Service, Hyphenate Media Group, Apple, Natalie Portman's Angel City FC, Del, PepsiCo, Business, Lionsgate, Keanu, Angel City FC, Disney, Club Necaxa, Liga MX, Premier League, Angel City, Wrexham AFC, Wrexham, Pepsi, Casa, CNN, Hyphenate Media Locations: Hollywood, Natalie Portman's Angel, Del Sol, Chad, Willow Bay, Angel, United States, Wrexham, Aguascalientes, Texas, Mexico, Spain

☆ Funding 'John Wick' kick-started Eva Longoria's investing career. Now, it's her day job.
▼ + stars: | 2024-10-31 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +13 min

Eva Longoria stepped in at the last minute with a $6 million investment that saved "John Wick." AdvertisementTen years ago, Eva Longoria became the unlikely savior of "John Wick." I love David saying, "They went to people with bankroll." What have you made off that $6 million investment? AdvertisementLooking back, how significant was the "John Wick" investment in your investing career today?

Persons: Eva Longoria, John Wick, she's, Longoria, —, Chad Stahelski, David Leitch, Gabrielle, Leitch, Stahelski, Eva, Michael Park, Keanu Reeves, Reeves, She's, Natalie Portman's, David, I've, you've, Keanu, I'm, Chad, Alexandra, You've, Bob Iger, Willow, Orlando Ramirez, Getty, Angel City, Natalie Portman, Al Tylis, Sam Porter, Ryan Reynolds, Rob McElhenney, Rob, Ryan, Garza, Gonzalo Marroquin, Eva Longorias, that's Organizations: Service, CAA, Hyphenate Media Group, Apple, Natalie Portman's Angel City FC, Del, PepsiCo, Business, Lionsgate, Keanu, Angel, FC, Disney, Club Necaxa, Liga MX, Premier League, Angel City, Wrexham AFC, Wrexham, Pepsi, Casa, CNN, Hyphenate Media Locations: Hollywood, Natalie Portman's Angel, Del Sol, Chad, Angel, United States, Wrexham, Aguascalientes, Texas, Mexico, Spain

☆ Martial arts masters rate 76 fight scenes in movies and TV
▼ + stars: | 2024-10-29 | by ( Carter Thallon | Korey Isbell | ) www.businessinsider.com time to read: +1 min

Champion martial arts experts rate fight scenes in movies and television shows for realism. Master Wong, who has over 35 years of experience practicing and teaching Wing Chun, rates Wing Chun techniques in "The Way of the Dragon," starring Bruce Lee, and "Sherlock." Eight-time Muay Thai world champion Miriam Nakamoto dissects Muay Thai scenes from "Ong-Bak," starring Tony Jaa, and "Furious 7." Capoeira practitioner and fight choreographer Amen Santo rates nine capoeira scenes in movies and TV shows for realism in "Black Panther," "The Batman" (2022), and "Blade." Boxing legend "Sugar" Shane Mosley, three-division world champion and Boxing Hall of Famer, rates every "Rocky" and "Creed" movie for realism.

Persons: Master Wong, Wing Chun, Chun, Bruce Lee, Sherlock, Uriah, John Wick, Keanu Reeves, Miriam Nakamoto dissects, Ong, Tony Jaa, Jackie Chan, Thekla Hutyrova, Donnie Yen, Zak Song, Jet Li, Michelle Yeoh, Konishiki, Amen Santo, Sugar, Shane Mosley Organizations: UFC, Boxing Hall of Famer Locations: Thai

☆ Dwyane Wade’s new statue goes viral after Miami Heat unveiling and more from around the NBA on Sunday
▼ + stars: | 2024-10-28 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

CNN —Dwyane Wade’s status as a Miami Heat legend was further cemented on Sunday as the franchise unveiled an eight-foot statue of the three-time NBA champion. The 42-year-old played 16 seasons in the NBA and was selected as an All-Star 13 times before retiring in 2019. One comment on an Instagram video of the unveiling said that the statue better resembled Laurence Fishburne as ’Morpheus’ from the movie ‘The Matrix’ than Wade. Fans criticized the likeness of the statue although Wade himself didn't seem too bothered and was relishing the moment. Tyrese Haliburton led the way for the Pacers with 22 points but still looks a long way off last season’s form.

Persons: Wade, “, ” Wade, Cristiano Ronaldo, Laurence Fishburne, Morpheus ’, Will Manso, didn't, Michael Laughlin, ”, we’re, Miami’s, Steph Curry, Curry, Steve Kerr, “ He’s, ” Kerr, ” Curry, Andrew Wiggins, Nic Coury, James Harden, Ivica Zubac, Tyrese Maxey, Tyrese Haliburton, Maxey, Philly, Joel Embiid, Paul George Organizations: CNN, Dwyane, Miami Heat, Chicago Bulls, NBA, Naismith Basketball Hall of Fame, Madeira Airport, Twitter, Heat, Detroit Pistons, Warriors, Golden State Warriors, Los Angeles Clippers, AP, Clippers, Sixers, Philadelphia 76ers, Indiana Pacers, Pacers, Indiana Pacers Los Angeles Clippers, Golden State Warriors Milwaukee Bucks, Brooklyn Nets New Orleans Pelicans, Portland Trail Blazers Atlanta Hawks, Oklahoma City Thunder Locations: Wade

☆ Dolphins QB Tua Tagovailoa clears concussion protocol and will start Sunday
▼ + stars: | 2024-10-25 | by ( Rohan Nadkarni | Rohan Nadkarni Is A Sports Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

Miami Dolphins quarterback Tua Tagovailoa has cleared the NFL’s five-step concussion protocol and will start Sunday against the Arizona Cardinals, the team announced Friday. Tagovailoa has not played since Week 2 after he suffered a concussion in a Thursday night game against the Buffalo Bills. Sunday’s game against the Cardinals will mark 45 days since Tagovailoa sustained the concussion, at least the third of his professional career. In his two appearances this season, Tagovailoa completed 40 of 62 passes for 483 yards with two touchdowns and three interceptions. In July, Miami signed Tagovailoa, the fifth pick in the 2020 NFL Draft, to a four-year, $212.4 million contract extension with $167.1 million guaranteed.

Persons: Tua Tagovailoa, Tagovailoa, Mike McDaniel, Tagovailoa’s, “, ”, ” Tagovailoa Organizations: Miami Dolphins, Arizona Cardinals, Buffalo Bills, Cardinals, NFL, Bills, Dolphins, AFC, Tagovailoa Locations: Miami

☆ Tua Tagovailoa: Miami Dolphins quarterback cleared to return and will play Sunday against Arizona Cardinals
▼ + stars: | 2024-10-25 | by ( Jill Martin | Wayne Sterling | ) edition.cnn.com time to read: +3 min

CNN —Miami Dolphins quarterback Tua Tagovailoa has been cleared from concussion protocol and is set to play Sunday against the Arizona Cardinals, head coach Mike McDaniel told reporters Friday, emphasizing that medical experts have expressed support for the star to return. He had been placed on the injured reserve list and was eligible to return to play this week provided he cleared protocol. The Dolphins went 1-3 without their signal caller, as the offense averaged a league-low 8.75 points per game during his absence. McDaniel was asked Wednesday why Tagovailoa was placed on the injured reserve list if the quarterback said he was symptom-free. That’s it.”A day before Friday’s announcement that Tagovailoa had been cleared, Dolphins offensive coordinator Frank Smith was asked about how the 26-year-old quarterback’s return would help in his job.

Persons: Tua Tagovailoa, Mike McDaniel, “, ” McDaniel, “ Tua, ”, McDaniel, ” Tagovailoa, Damar Hamlin, Tagovailoa, it’s, Frank Smith, ” Smith Organizations: CNN — Miami Dolphins, Arizona Cardinals, Dolphins, Buffalo Bills, Miami QB, CNN, NFL, NFL Players Association

☆ Miami Dolphins QB Tua Tagovailoa practices for first time since suffering another concussion
▼ + stars: | 2024-10-23 | by ( Wayne Sterling | ) edition.cnn.com time to read: +4 min

CNN —Miami Dolphins quarterback Tua Tagovailoa returned to practice Wednesday for the first time since suffering another concussion in the game against the Buffalo Bills last month. Dolphins’ star wide receiver, Tyreek Hill, was very excited, saying having Tagovailoa back almost made him cry. “Just having him in the lineup, having him call the plays, having him direct the offense, just hearing his voice. Dolphins head coach Mike McDaniel was asked before practice Wednesday why Tagovailoa was placed on the reserve/Injured list if the quarterback said he was symptom-free. “During this stretch where he hasn’t been on the field, he’s in a more powerful place with the team,” McDaniel said.

Persons: Tua Tagovailoa, Tagovailoa, Tyreek, Hill, ” Hill, “, …, ” Tagovailoa, it’s, Raheem Mostert, I’ve, ” Mostert, Damar Hamlin, Mike McDaniel, ” McDaniel, ”, McDaniel, hasn’t Organizations: CNN — Miami Dolphins, Buffalo Bills, Dolphins, NFL, Arizona Cardinals, Hard, CNN, NFL Players Association

☆ 'Flexible co-living' could help bring down office-conversion costs and add housing supply, new study says
▼ + stars: | 2024-10-22 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +5 min

A study finds that dorm-style housing could be an efficient path to convert vacant office space. The study comes as office vacancies rise and housing supply remains constrained. The report comes as companies reevaluate their need for office space in the wake of the COVID-19 pandemic. The national office vacancy rate is set to rise to around 20% by the end of this year, according to commercial real estate firm CBRE. The report comes as the number of office spaces set for residential conversions is on the rise, up to 55,000 this year.

Persons: —, Wes LeBlanc, Alex Horowitz Organizations: Service, Pew Locations: Denver, Minneapolis, Seattle

☆ 'John Wick' at 10: Chad Stahelski and David Leitch on fighting for Keanu Reeves' beard and how Eva Longoria saved the movie
▼ + stars: | 2024-10-21 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +20 min

At Fantastic Fest, Stahelski, Leitch, and star Keanu Reeves wove through the packed lobby filled with rabid Reeves fans. Chad Stahelski, David Leitch, and Keanu Reeves at the premiere of "John Wick." AdvertisementKeanu Reeves cleverly got Stahelski and Leitch to direct 'John Wick'Keanu Reeves in "John Wick." We felt live or die, it doesn't matter, it's John versus John Wick; that's the story we're telling. Another "John Wick" movie?

Persons: John Wick, Chad Stahelski, David Leitch, Eva Longoria, —, Keanu Reeves, Stahelski, it's, Leitch, Reeves, Jamie McCarthy, Getty, John Wick dusts, Keanu, Lionsgate Chad, David, Dave, Kelly McCormick, Derek Kolstad, Tolkien, Basil Iwanyk, Chad, Jason Statham, Derek, Lana, he's, Nico Tavernise, Jonathan Sela's, John, Basil, Jon Kopaloff, Getty David, Ed, Shane, It's, Kristy Sparow, You'll, Eva, Basil said, We've, we've, Marmont, I've, Cindy Ord, WireImage, you've, Hobbs, Shaw, Guy Organizations: Service, Lionsgate, Guild of America, Fest, DC, Marvel, Navy SEAL, Hong, Leitch, CAA Locations: Austin, Los Angeles, Stahelski, Russian, Chad, Hong Kong, I'm

☆ 'John Wick' at 10: Directors discuss fighting for Keanu Reeves' beard and how Eva Longoria saved the movie
▼ + stars: | 2024-10-21 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +20 min

At Fantastic Fest, Stahelski, Leitch, and star Keanu Reeves wove through the packed lobby filled with rabid Reeves fans. AdvertisementKeanu Reeves cleverly got Stahelski and Leitch to direct 'John Wick'Keanu Reeves in "John Wick." Nico Tavernise/LionsgateIs it true you guys had to fight with the financiers to keep a beard on John Wick? We felt live or die, it doesn't matter, it's John versus John Wick; that's the story we're telling. Another "John Wick" movie?

☆ Inherited IRA rules are changing in 2025 — here's what beneficiaries need to know
▼ + stars: | 2024-10-17 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

Jacob Wackerhausen | Istock | Getty ImagesWhat to know about the 10-year ruleBefore the Secure Act of 2019, heirs could "stretch" inherited IRA withdrawals over their lifetime, which helped reduce yearly taxes. But certain accounts inherited since 2020 are subject to the "10-year rule," meaning IRAs must be empty by the 10th year following the original account owner's death. The rule applies to heirs who are not a spouse, minor child, disabled, chronically ill or certain trusts. Since then, there's been confusion about whether the heirs subject to the 10-year rule needed to take yearly withdrawals, known as required minimum distributions, or RMDs. After years of waived penalties, the IRS in July confirmed certain heirs will need to begin yearly RMDs from inherited accounts starting in 2025.

Persons: Jacob Wackerhausen, there's, Dickson, Judson Meinhart Organizations: Istock, Vanguard, Modera Wealth Management Locations: Winston, Salem , North Carolina

☆ America's offices are about to see a wave of distress that could result in a billion square feet of fresh housing supply
▼ + stars: | 2024-10-12 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +7 min

Advertisement"The banks are going to have to dispose of that real estate," Barkham told Business Insider in an interview. John Vavas, a real estate finance attorney at Polsinelli who works with commercial real estate lenders, has worked on a handful of office-to-residential conversion deals this year. There's around 1.2 billion square feet worth of office space that could be spun into residential space, Yardi said in a separate report. Late payments on commercial real estate loans have climbed to 1.42% in the second quarter, the highest rate in nearly 10 years. Commercial real estate prices, meanwhile, dropped another 9% year-over-year in the first quarter, Fed data shows.

Persons: —, Richard Barkham, Barkham, RentCafe, John Vavas, Yardi, Vavas Organizations: Service, Federal, Silverstein Properties, Washington DC Locations: New York, United States, New York City, Dallas, Chicago, Los Angeles

☆ Mega Millions is raising ticket prices from $2 to $5, but promises bigger payouts—here's what to know
▼ + stars: | 2024-10-09 | by ( Mike Winters | ) www.cnbc.com time to read: +3 min

You'll have to spend more to win big, as Mega Millions plans to raise its ticket price as part of a revamp that promises bigger prizes, the lottery announced Monday. There will be bigger prizes won more frequently, along with slightly improved odds of winning, according to the consortium that runs the lottery. Perhaps the most significant change affecting the most players is the automatic prize multiplier, which currently costs an additional $1 on top of a $2 ticket. Starting in April, this multiplier will be built into the ticket price, automatically boosting non-jackpot winnings. For example, if you match the numbers on three white balls and the Mega Ball, you currently win a $200 prize.

Persons: they'll Organizations: CNBC, U.S . Locations: Washington, U.S, U.S . Virgin

☆ Keanu Reeves makes professional auto racing debut at Indianapolis Motor Speedway
▼ + stars: | 2024-10-06 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +1 min

CNN —Keanu Reeves is putting his foot on the pedal of his professional auto racing career. This weekend, the “Matrix” actor competed in the Toyota GR Cup, an amateur-focused racing series for car enthusiasts and aspiring racers, at the legendary Indianapolis Motor Speedway. In a field of 33 racers, Reeves finished in 25th place in Saturday’s Race 1 and placed 24th in Sunday’s Race 2. 92 BRZRKR car during the Toyota GR Cup Series at the Indianapolis Motor Speedway. 92 BRZRKR car, a reference to his graphic novel “The Book of Elsewhere” that he co- co-wrote with China Miéville.

Persons: Keanu Reeves, Reeves, Darron Cummings, Reeves ’, Cody Jones, Sandra Bullock, Bullock Organizations: CNN, Toyota, Indianapolis Motor, Sunday’s, Long Beach Toyota Locations: China, Los Angeles

☆ Chuck Todd: A 'happy warrior' VP debate leaves questions unanswered for the top of the tickets
▼ + stars: | 2024-10-02 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Chuck-Todd-Circle-Byline-Template.Jpg | Chuck Todd | ) www.nbcnews.com time to read: +8 min

It’s not hard to conclude that former President Donald Trump himself makes it nearly impossible to have the type of debate Vance and Walz participated in Tuesday night. But Trump has never participated in a debate that didn’t devolve into something more pugilistic and even immature and juvenile at times. Going into this debate, I assumed that both vice presidential nominees would be more focused on the tops of the tickets. It's an interesting decision given how it seems as if the Trump campaign team desperately wants to re-attach Biden’s unpopular brand to Harris. I think Trump and his team are convinced Harris needs another debate more than Trump does.

Persons: Dick Cheney, Joe Lieberman, John Edwards, Joe Biden, Sarah Palin, Paul Ryan, JD Vance, Tim Walz, It’s, Donald Trump, Vance, Walz, Trump, Kamala Harris, Harris, Dan Quayle, Lloyd Bentsen, —, I’m, Biden, it’s, wannabes Organizations: Trump, CBS News, Democratic, Biden, Sunday Locations: China, Taiwan, Ukraine, United States

☆ PayPal CEO's first year was praised by Wall Street, but hard part starts now for struggling payments company
▼ + stars: | 2024-10-01 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +12 min

Analysts across Wall Street saw rising competition and a declining take rate, or the percentage of revenue PayPal keeps from each transaction. Fast forward to today, and the picture is dramatically brighter for the 26-year-old Silicon Valley company and its 47-year-old CEO. Analysts are projecting roughly 6% revenue growth when PayPal reports third-quarter results in about a month, according to LSEG. Venture capitalist Oren Zeev has seen Chriss work with small businesses in another capacity. "He obviously brought a lot to the table with his vast experience with small businesses," Zeev said.

Persons: Alex Chriss, CNBC's David Faber, hadn't, Chriss, downgrades, Dan Dolev, Dolev, Susquehanna's James Friedman, he's, Friedman, Dan Schulman, Dana Stalder, He's, PayPal didn't, Isabel Cruz, Michelle Gill, Diego Scotti, Jamie Miller, Stalder, we've, Faber, Susquehanna's Friedman, That's, Will Ferrell, Ferrell, Fleetwood, hasn't, Sanjay Sakhrani, Sakhrani, SMBs, Oren Zeev, Zeev Organizations: PayPal Inc, PayPal, New York Stock Exchange, Mizuho Securities, CNBC, Apple Pay, Nasdaq, Meta, Matrix Partners, Intuit, Walmart, Verizon, Starbucks, Ticketmaster, Apple, Google, Shopify, Venture Locations: Wall, Braintree, EY, Venmo, U.S

☆ Why Matrix CIO is chasing Becton Dickinson and US Bancorp
▼ + stars: | 2024-09-24 | 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 EmailWhy Matrix CIO is chasing Becton Dickinson and US BancorpDavid Katz, chief investment officer at Matrix Asset Advisors, joins 'The Exchange' to discuss his picks in the markets, how to position for the future, and more.

Persons: Becton Dickinson, Bancorp David Katz Organizations: Bancorp, Matrix Asset

☆ Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
▼ + stars: | 2024-09-18 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

The matrix of individual officials' expectations pointed to another full percentage point in cuts by the end of 2025 and a half-point in 2026. In all, the dot plot shows the benchmark rate coming down about 2 percentage points beyond Wednesday's move. On core inflation, the committee took down its projection to 2.6%, a 0.2 percentage point reduction from June. In fact, the last time the monthly hiring rate was this low – 3.5% as a share of the labor force – the unemployment rate was above 6%. At his press conference following the July meeting, Powell remarked that a 50 basis point cut was "not something we're thinking about right now."

Persons: Michelle Bowman, Jerome Powell, Powell Organizations: WASHINGTON, Federal Reserve, Market, Dow Jones, Fed, Gross, Atlanta Fed

☆ How Trump was 'orange-pilled' by three bitcoiners in Puerto Rico and the promise of $100 million
▼ + stars: | 2024-08-26 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +16 min

Earlier this year, Bailey promised to turn out $100 million and 5 million votes for Trump. Hoyos-López, Bailey's neighbor, had been recently orange-pilled, and was anxious to help out any way she could in getting Trump to Nashville. At the conference, Hoyos-López, Fabiano and Bailey worked to stage a second roundtable with Trump. To Fabiano, Bailey, and Hoyos-López, the stakes couldn't possibly be higher, as Democratic nominee Kamala Harris gains momentum in the polls. Less than a week after leaving Nashville, Fabiano, Hoyos-López and Bailey were back together closer to home to process all that had happened.

Persons: Dolly Parton, Donald Trump, Trump, conferencegoers who'd, Harris, Gary Gensler, CNBC hasn't, Keanu Reeves, Amanda Fabiano, Tracy Hoyos, David Bailey, Bailey, Fabiano, David, I've, Nashville ., Amanda, Hoyos, López, She's, Donald Trump's, Jon Cherry, He'd, Sen, Elizabeth Warren, Michael Saylor, he's, Emily, " Hoyos, Paul Grewal, Cantor Fitzgerald, Howard Lutnick, Rock, Billy Ray Cyrus, bitcoiner Tracy Hoyos, López Trump, Kamala Harris, she's, bitcoiners, Lopez Organizations: Broadway, Music City Center, Republican, Biden, SEC, CNBC, Washington Post, The Washington Post, BTC Inc, Trump, Wall Street, Miners, Lago, Music City, Getty, Riot, Marathon Digital Holdings, Scientific, Solana, Libertarian National Convention, Bitcoin, Mar, Nashville, Bitcoin Conference, Trump White Locations: NASHVILLE, Tenn, —, USA, Nashville, Puerto Rico, Nashville , TN, California, Guaynabo, San Juan, Manhattan, Trump, bitcoin, Egypt, New York, Palm Beach , Florida, Nashville , Tennessee, China, America, San Francisco, López, Japan, Hoyos, U.S, American, Puerto Rican

☆ How Google makes custom chips used to train Apple AI models and its own chatbot, Gemini
▼ + stars: | 2024-08-23 | by ( Katie Tarasov | ) www.cnbc.com time to read: +7 min

He's been covering Google's custom cloud chips since they launched in 2015. Google was the first cloud provider to make custom AI chips. Microsoft 's first custom AI chip, Maia, wasn't announced until the end of 2023. But being first in AI chips hasn't translated to a top spot in the overall rat race of generative AI. Google TPUs still dominate among custom cloud AI accelerators, with 58% of the market share, according to The Futurum Group.

Persons: Google's, Daniel Newman, He's, Maia, wasn't, Gemini, OpenAI's ChatGPT, Newman, Amin Vahdat, Marc Ganley, Vahdat, they've, Stacy Rasgon, Rasgon, it's Organizations: Google, Apple, Apple Intelligence, Nvidia, Futurum, Amazon Web Services, Microsoft, CNBC, Systems, Unit, Bernstein Research, Broadcom, TSMC, Trillium, Taiwan Semiconductor Manufacturing Company, Intel, Samsung Locations: Mountain View , California, China, Taiwan, U.S

☆ How Analyst Dylan Patel gets inside Nvidia to make connections from the semiconductor industry to the tech it enables
▼ + stars: | 2024-08-14 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +8 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. SemiAnalysis gets deep into the weeds on graphics processing units, from the base of the supply chain to the end-users building the AI models that require so many specialized chips. AdvertisementThe team consists of people across the entire supply chain, geographically and technically. So we have the entire view of the supply chain, from manufacturing, up to models. The other place I like to look a lot is random suppliers that are very small in niche parts of the supply chain, or suppliers of suppliers.

Persons: —, Jensen Huang isn't, Dylan Patel, SemiAnalysis, Sam Altman, Patel, Sundar, Altman, Blackwell, Nvidia's, They've, they're Organizations: Service, intel, Google, Business, BI, Nvidia, Microsoft, AMD, Meta Locations: US, Japan, Singapore, Taiwan, France

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