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☆ Product managers rule Silicon Valley. Not everyone is happy about it.
▼ + stars: | 2024-11-20 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +10 min

Several companies, from Airbnb to Snap, are now reconsidering the utility of product managers entirely, while others claim that the product manager's reign will only expand in the age of AI. Advertisement"The shift in power moved from engineering to product managers," says Hubert Palan, the CEO of Productboard, a company that provides software for product managers. "The product manager is at the center of everything," says Avi Siegel, a former product manager who's working on his own startup, Momentum. Whether their coworkers are happy about it or not, product managers are gaining recognition. "The future really does belong to product managers," says Frank Fusco, a product manager turned CEO of a software company called Silicon Society.

Persons: Elle, Sundar Pichai, Satya Nadella, YouTube's Neal Mohan, Gamble, Hubert Palan, doesn't, Avi Siegel, who's, Aaron, he's, ZipRecruiter, Zippia, I've, they're, Palan, Meg Watson, Watson, Brian Chesky, Paul Graham —, Frank Fusco, Fusco Organizations: LinkedIn, Procter, Hewlett, Packard, Microsoft, Apple, Google, Companies, Big Tech, Carnegie Mellon University, . News, McKinsey, Software, Spotify, Chesky, Silicon Society

☆ Want to cash in on China's stimulus? Here's what the pros expect next
▼ + stars: | 2024-11-12 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Chinese markets are back in the spotlight after a slew of government stimulus measures over recent weeks. "I think the right way of looking at what China's up to, really, is to see it as a process," he told CNBC's "Street Signs Asia" on Monday. His comments come as China's Ministry of Finance signaled Friday that more fiscal support could come next year . Stocks to watch As investors ponder how to navigate the Chinese market, Bernstein said there are attractive opportunities in "growth and high volume stocks [aligned] with policy led rebound." Both Tencent and Meituan trade on the Hong Kong Exchange and in the U.S. as American Depository Receipts (ADR) under the ticker TCEHY and MPNGY .

Persons: Jordan, CNBC's, we've, Paul Cavey, Donald Trump, Carey, Stocks, Bernstein, — CNBC's Evelyn Cheng, Michael Bloom Organizations: Pella Funds, Ministry, Finance, Asia Econ, Healthcare, China Internet, Hong, Hong Kong Exchange Locations: Pella, Asia, Real Estate, downgrades, China, Hong Kong, Tencent, U.S

☆ Behind Friday's rally: Traders betting Fed keeps cutting rates next week
▼ + stars: | 2024-11-01 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +2 min

The monthly jobs report is typically closely-watched watched by traders and creates a reaction in the market. To be sure, storms in the Southeast and the Boeing labor strike were cited as downward pressures on the labor market. To Elizundia's point, fed funds futures are now pricing in 99.9% odds the central bank cuts rates by 25 basis points next week, and an 83.6% chance it lowers borrowing costs by another quarter-point percentage in December. There was no Fed meeting in October. "And yet, a deeper ponder of the numbers suggests that, beneath all the noise and disruption, is a fundamentally slowing labor market.

Persons: —, Dow jones, Elizundia, Seema Shah, Shah, Stocks Organizations: Dow, Boeing, Fed, Federal Reserve, Asset Management, U.S Locations: U.S

☆ CNBC's Inside India newsletter: India's deepening ties with natural gas
▼ + stars: | 2024-10-31 | by ( Ganesh Rao | ) www.cnbc.com time to read: +7 min

Currently, more than 80% of India's energy needs are met by coal, oil and solid biomass, according to the International Energy Agency. On the demand side, the Indian government has aggressively pushed policies that favor vehicles powered by compressed natural gas (CNG), a derivative of liquified natural gas (LNG). Meanwhile, the number of households that could receive piped natural gas is more than 300 million. For instance, natural gas is a crucial ingredient for making fertilizers, and manufacturing it domestically helps increase food security. Seth is also optimistic about India's growth rate for its third and fourth quarters despite slower capital expenditure in some states.

Persons: Punit Paranjpe, Francis Mascarenhas, They're, Maruti Suzuki, GAIL, MGL, of Home Affairs Amit Shah, David Morrison, Shah, Ajay Seth, Seth, Aravind Maiya, Embassy REITs, Maiya, Landsberg Bennett, Michael Landsberg, Landsberg Organizations: Gas, Private, Afp, Getty, International Energy Agency, Energy, Reuters, Maruti, Institute for Energy Economics, Rystad Energy, Citi, JPMorgan, Gujarat Gas, of Home Affairs, Foreign, Department of Economic, Reserve Bank of India, CNBC, Embassy, Fortune, Wealth Locations: Dhamra, Bhadrak district, India's Odisha, India, Europe, Ukraine, Moscow, Russia, Iraq, Saudi Arabia, Pune, Gujarat, Canada, U.S

☆ Japan votes in election expected to punish PM Ishiba's coalition
▼ + stars: | 2024-10-27 | by ( ) www.cnbc.com time to read: +2 min

TOPSHOT - Officials look on as people vote during the general election at a polling station set up at a local school in Tokyo on October 27, 2024. Japan voted on October 27 in its tightest election in years, with new Prime Minister Shigeru Ishiba and his juggernaut Liberal Democratic Party facing potentially their worst result since 2009. (Photo by Richard A. Brooks / AFP) (Photo by RICHARD A. BROOKS/AFP via Getty Images)Japan's voters decide the fate of Prime Minister Shigeru Ishiba's government on Sunday in an election expected to punish his coalition over a funding scandal and inflation, potentially ending a decade of dominance for his Liberal Democratic Party. Political wrangling could roil markets and be a headache for the Bank of Japan, if Ishiba chooses a partner that favours maintaining near-zero interest rates when the central bank wants to gradually raise them. "That's basically the scenario for 'sell Japan'," as investors ponder how the outcome could affect fiscal and monetary policy, said Naka Matsuzawa, chief macro strategist at Nomura Securities.

Persons: Shigeru Ishiba, Richard A, Brooks, RICHARD A, BROOKS, Shigeru Ishiba's, Komeito, Ishiba, Jeffrey Hall, That's, Naka Matsuzawa Organizations: Liberal Democratic Party, Getty, LDP, Bank of Japan, Kanda University of International Studies, Asahi, Nomura Securities, Constitutional Democratic Party of Japan Locations: Tokyo, Japan, AFP, China

☆ Judge, Ohtani and a dream World Series matchup: Could this be MLB’s Magic and Bird?
▼ + stars: | 2024-10-23 | by ( Jayson Stark | ) www.nytimes.com time to read: +20 min

It isn’t just that the two likely MVPs are playing in this World Series, which begins Friday at Dodger Stadium. It isn’t just that two of the most formidable you-need-to-buy-their-jersey dollar/yen machines of modern times are playing in this World Series. But everything he has done has led him to this moment, to this week, to this World Series. It’s to play in a World Series as a Yankee and do whatever he can to leave people — his people — with a World Series memory for a lifetime. Will it be enough to fulfill Dave Roberts’ prediction that there will be more eyeballs on this World Series around the world than ever before?

Persons: Steph, Tom Brady, Peyton Manning, Aaron Judge, —, let’s, We’ve, Magic Johnson, Larry Bird, ”, Jerry Hairston Jr, Hairston, you’ll, Ohtani, “ I’m, “ They’re, Daniel Shirey, Shohei Ohtani, he’s, Ty Cobb, Ted Williams, Dave Roberts, He’s, David Dermer, Aaron Judge’s, it’s, Don Mattingly, Randy Levine, “, Levine, ” Levine, we’ve, Aaron Boone, Ronald Martinez, ’ MVPs, Miguel Cabrera, Buster Posey, Johnny Bench, Boog Powell, Joe Morgan, Fred Lynn, Thurman Munson, Mike Schmidt, George Brett 1988, Kirk Gibson, Jose Canseco, Stan Musial, Mickey Mantle, Henry Aaron, Bob Gibson, Denny McLain, George Brett, Vincent Carchietta, Lou Gehrig, Mel Ott, Joe DiMaggio, Duke Snider, Kirby Lee, There’s, Mantle, Roger Maris …, NFL LeBron James, Steph Curry, Magic, Michael Jordan, Wilt Chamberlain, Bill Russell, Patrick Mahomes, Brady, John Elway, Brett Favre, Joe Montana, Terry Bradshaw, Roger Staubach, Joe Namath, Johnny Unitas, Judge isn’t Lebron, Steph Brian Anderson, Brian Anderson, Giancarlo Stanton, Emmanuel Clase, ” Anderson, Wouldn’t, Anderson, Tiger Woods, Ohtani …, LeBron James, Jerry Rice, “ You’re, “ It’s, Dan Goldfarb, Dustin Bradford Organizations: NBA, Dodgers, Yankees, Dodger, Mets, Citi, —, Rosenthal, Giants, Padres, Monday, Yankee, National League, American League, Reds, Red, Munson’s Yankees, Baseball, . Dodgers, NFL, Super, Turner Sports, Major League Baseball, Tiger, Kansas City, Royals, titans Locations: Starkville, West, San Diego, San Francisco, Los Angeles, Cleveland

☆ CNBC Pro Talks: China portfolio manager reveals what he's buying right now
▼ + stars: | 2024-10-22 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +2 min

As investors ponder how — and where — to invest in China, CNBC's Tanvir Gill will quiz China portfolio manager Jason Hsu on where he sees opportunities in the current market. Hsu previously told CNBC Pro that he was betting on tech — and artificial intelligence in particular — for the long term. Hsu set up Ranmore Fund Management in 2016, prior to which he was co-founder and vice chairman of quantitative asset manager Research Affiliates. Join CNBC Pro Talks on Wednesday, Oct. 23 at 6:30 a.m. BST / 1:30 p.m. SGT / 1:30 a.m. Learn more from our previous Pro Talks: How to play AI in a cheaper way without owning stocks like Nvidia, according to fund manager Fund manager reveals his worst trade of the year — and the lessons he learned Beyond Novo: Fund manager likes this under-the-radar pharma stock Related coverage from Pro: Is it time to invest in China?

Persons: Finance Lan Fo'an, CNBC's Tanvir Gill, Jason Hsu, Hsu, Goldman, Tanvir Gill Organizations: Finance, China's CSI, Rayliant Global Advisors, China Equity, CNBC Pro, China Equity ETF, Ping An Insurance, Midea, Ranmore Fund Management, Research, Anderson School of Management, UCLA, Nvidia, pharma, Wall, Citi Locations: China

☆ Cramer's week ahead: Major banks, Taiwan Semi and Netflix report as earnings season gets into full swing
▼ + stars: | 2024-10-11 | by ( Julie Coleman | ) www.cnbc.com time to read: +3 min

As earnings season takes off, CNBC's Jim Cramer on Friday advised investors about what to follow next week on Wall Street. Bank of America could see a boost now that Warren Buffett is no longer required to frequently report his sales of the stock, Cramer added. Johnson & Johnson , Walgreens and UnitedHealth Group also report earnings on Tuesday, with Cramer noting that the latter regularly beats expectations. Johnson & Johnson this week saw a new development in its ongoing talc lawsuits that could aid resolution efforts. On Friday, Procter & Gamble will report, and Cramer said he's worried about the company's business in China.

Persons: CNBC's Jim Cramer, Cramer, Charles Schwab, Goldman Sachs, Schwab, He's, he's, Warren Buffett, Johnson, Morgan Stanley Organizations: Netflix, Taiwan Semiconductor, Bank of America, Citigroup, Wall, Johnson, Walgreens, UnitedHealth, Abbott Laboratories, Food and Drug Administration, Centers for Disease Control, National Institutes of Health, Nvidia, Procter, Gamble, American Express Locations: China

☆ ESPN's head of content explains why ace news-breaker Shams Charania was a must-hire after Woj's sudden exit
▼ + stars: | 2024-10-09 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

ESPN replaced retired NBA reporter Adrian Wojnarowski with Shams Charania. AdvertisementAs many basketball fans have likely heard, the latest major NBA signing is Shams Charania to ESPN. The 30-year-old scoop master is replacing Adrian Wojnarowski, the genre-defining NBA reporter who had unexpectedly retired from the news-breaking business three weeks earlier. "It felt like it was a perfect way to solve this problem," said Burke Magnus, ESPN's head of content, in an interview with Business Insider on Wednesday. In the last few months, veteran NBA reporter Zach Lowe, host Samantha Ponder, and analyst Robert Griffin III each were let go.

Persons: Adrian Wojnarowski, Shams Charania, Burke Magnus, —, Charania —, ESPN's, wasn't, Wojnarowski, Magnus, Jeff Passan, Jeff, Charania, he's, he'll, Stephen A . Smith, Pat McAfee, Dave Roberts, Howard Cosell —, Mike Greenberg, that's, Stephen A, Zach Lowe, Samantha Ponder, Robert Griffin III, we're Organizations: ESPN, Service, NBA, Athletic, Yahoo Sports, Business, Sports News, Entertainment

☆ Dollar holds on to 7-week highs as traders consider U.S. rates outlook
▼ + stars: | 2024-10-08 | by ( ) www.cnbc.com time to read: +3 min

The dollar clung to seven-week highs against major currencies on Tuesday as investors ponder the outlook for U.S. rates after a strong jobs report last week dashed bets for large rate cuts, while escalating tensions in Middle East dented risk sentiment. Traders have drastically shifted their monetary easing expectations from the Federal Reserve this year. That has kept the dollar on the front foot and surging to a multi-week high against the euro, sterling and the yen. The New Zealand dollar was 0.3% higher at $0.6144 ahead of the monetary policy decision on Wednesday. A majority of economists in a Reuters poll last week said the Reserve Bank of New Zealand will cut interest rate by 50 basis points.

Persons: Kieran Williams, Louis, Alberto Musalem, Shigeru Ishiba Organizations: Federal Reserve, Asia FX, InTouch, Reserve Bank of St, Treasury, Bank of, New Zealand, Reserve Bank of New Locations: Middle East, Asia, China, Bank of Japan, Reserve Bank of New Zealand

Hezbollah has also been accused of obstructing the election of a new president, leaving Lebanon leaderless for the past two years. A pro-Iranian Hezbollah supporter holds up a poster of assassinated Hezbollah leader Hassan Nasrallah in Beirut, on Thursday. While some Lebanese believe Hezbollah hijacked Lebanon’s political system, it also held it up. Lebanon has already suffered a year of lower-level fighting between Israel and Hezbollah along its southern border. But Lebanese political leaders are still relishing Hezbollah’s decline, he said, even some among the group’s Shia Muslim co-religionists.

Persons: Hassan Nasrallah, ” Fouad Siniora, ”, Rafik Hariri, Marwan Naamani, Sarah Zaaimi, Firas Maksad, “, ” Maksad, Nabih Berri, Jeffrey Feltman, Berri, Israel –, ” Ibrahim Moussawi, —, Siniora Organizations: NBC News, United, Getty, Hezbollah, Hariri, & Middle, Middle East Institute, WikiLeaks, Security, Keystone, —, The Washington Institute Locations: BEIRUT, Lebanon, Israel, Beirut, Iran, United Nations, Lebanese, Syria, AFP, Washington, U.S, Paris, Tehran, Riyadh, Jerusalem, “

☆ How to invest in the fourth quarter, according to the pros
▼ + stars: | 2024-10-01 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +6 min

As investors ponder how — and where — to invest in this uncertain climate, CNBC Pro asked market experts how they are positioning before the year-end. 'Capitalize on the shifting market dynamics' The fourth quarter is starting hot on the heels of central banks' rate easing cycle. "There is an interesting valuation point about U.K. equities, and given recent positive economic surprises that present potential upsides, we feel this is an attractive market." "International investors owning U.K. equities and not hedging the currency, either win on the currency strength gains or win on the equity market." Other markets Beyond the U.K., Hechler-Fayd'herbe sees potential in emerging markets such as Taiwan and South Korea.

Persons: Kevin Teng, Teng, —, Europe —, he's, Morgan Stanley, Lombard, Nannette Organizations: Equity, CSI, Treasury, Wrise Private Singapore, CNBC Pro, U.S . Federal Reserve, People's Bank of China, Nvidia, Nasdaq, EMEA, CNBC, Bank of England, International Locations: Asia, East, Europe, Hong Kong, China, U.S, Swiss, Taiwan, South Korea

☆ The RFK Jr.-Nuzzi relationship had reportedly become an open secret in some circles before the news broke
▼ + stars: | 2024-09-23 | by ( Madeline Berg | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Following the initial news, The Daily Beast reported that the relationship between the star reporter, 31, and the Kennedy scion, 70, had been somewhat of an open secret. Nuzzi initially denied the affair, the Daily Beast added, though that clearly didn't hold up with whatever evidence Haskell had. AdvertisementThat corroborates the original reporting on the affair from Oliver Darcy's newsletter Status, in which he said Kennedy "boasted" about the relationship. According to The Daily Beast, at least some sexts were sent.

Persons: —, Olivia Nuzzi, Robert F, Kennedy Jr, it's, Kennedy, Semafor's Ben Smith, David Haskell, Nuzzi, Haskell, Oliver Darcy's, Puck, Dylan Byers, Ryan Lizza, Byers, Lizza, Corey Lewandowski's Organizations: Service, New York Magazine, Business, Daily, New Yorker, Yorker, RFK Jr Locations: New York, Washington

☆ I just dropped my son off at college. I now wonder if I was a good enough mom.
▼ + stars: | 2024-09-17 | by ( Erika Ebsworth-Goold | ) www.businessinsider.com time to read: +1 min

I recently dropped my son off at college, and I wonder if I was a good enough parent to him. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt's been a few weeks since we dropped off our only child at college. This story is available exclusively to Business Insider subscribers.

Persons: I've, —, It's Organizations: Service, Business

☆ How to tell if it's imposter syndrome or if you're just bad at your job, from the ex-VP of HR at Microsoft
▼ + stars: | 2024-09-16 | by ( Chris Williams | ) www.businessinsider.com time to read: +6 min

Read previewAs the former VP of HR at Microsoft and now an advisor to executives worldwide, I see imposter syndrome daily. Are you not very good at your job or is it just the imposter syndrome talking? How can you tell if your self-doubt — often that debilitating imposter syndrome — is justified? If you're getting good reviews, that almost always means you're doing good work. AdvertisementRereading your reviews can bolster your self-esteem and combat looming imposter syndrome.

Persons: —, Bill Gates, Steve Ballmer, I've, they're, wouldn't Organizations: Service, Microsoft, Business

☆ Is Nvidia's earnings report really make or break? Here's why we don't think so
▼ + stars: | 2024-08-23 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

While expectations are high and caution is certainly warranted, we don't think it's quite that simple. While the Oscillator and Williams' work do point to possible selling pressure ahead, we don't want to get too bearish. However, we don't think the risks are so elevated as to warrant more than a small cash raise. We still view Nvidia as an "own it, don't trade it" stock, but we also don't keep our heads in the sand. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer, Larry Williams, Williams, Jim, Estee Lauder, Morgan Stanley, hasn't, they've, We're, Jim Cramer's, Dominika Organizations: Nvidia, Club, Abbott Laboratories, Federal, Blackwell, Apple, Microsoft, Super Six, Jim Cramer's Charitable, CNBC, Nurphoto, Getty Locations: Williams

☆ Steph Curry lifts USA basketball past France to fifth straight Olympic gold: How America’s Avengers delivered
▼ + stars: | 2024-08-10 | by ( Joe Vardon | ) www.nytimes.com time to read: +7 min

The 🇺🇸 #USABMNT wins a 5th consecutive Olympic gold medal! pic.twitter.com/nYx0SBh0Ui — USA Basketball (@usabasketball) August 10, 2024Kevin Durant, already the U.S. all-time leading scorer, is now the only men’s player ever to win four Olympic golds in basketball. Devin Booker, now a two-time gold medalist, scored 13 of his 15 points for the U.S. in the first half. Anthony Davis, also a two-time Olympic gold winner, added eight points and nine rebounds. Team USA listens to the National Anthem after receiving their gold medals.

Persons: James Brown’s, America ”, S., bea, rui, Kerr, Tatum, fini, James was a, avis to en, l, Ker, Greg Organizations: PARIS, Bercy, NBA, France, United States, USA, eni Locations: America, U.S, Los Angeles, Paris, USA

☆ The hedge fund trade unwind that jolted Wall Street this week may continue to agitate markets
▼ + stars: | 2024-08-09 | by ( Brian Evans | ) www.cnbc.com time to read: +4 min

The recent unwinding of the yen "carry trade" could remain a long-term headwind amid already turbulent markets. JPY= YTD mountain The Japanese yen's appreciation against the U.S. dollar marked the unwinding of the so-called carry trade. "There's still quite a significant yen short position out there," Osborne said. He estimates that there is still a roughly $15 billion yen short position through July 30, still to be covered. In other words, that short position could drive more strength in the yen as that position is covered.

Persons: —, Shaun Osborne, Osborne, Everyone's, Rob Ginsberg, Ginsberg, FedWatch, Ben Emons Organizations: Bank of, U.S, Scotiabank, U.S . Federal Reserve, Bloomberg, Wolfe Research, Swiss Locations: Bank of Japan, Japan

☆ The 'Trump trade' is on pause. Political uncertainty is now in the driver's seat
▼ + stars: | 2024-07-21 | by ( Jim Cramer | ) www.cnbc.com time to read: +11 min

It didn't take long to remember what a second Donald Trump presidential term would mean for the stock market, did it? He talked about how interested he was in the stock market and that he wanted his kids to learn so they watched my show together. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Donald Trump, Mike Pence, Sen, JD Vance, Mary Elizabeth Lease, Joe Biden, Biden's, Trump, Biden, let's, Kamala Harris, Doug Emhoff, —, Harris, that's, Lina Kahn, Jonathan Kanter, Vance, Mark Spitznagel, Spitznagel, Bristol Myers, ., Jim Cramer's, Jim Cramer, Jim, Chris Kleponis Organizations: Republican, Populist Party, Democratic Party, Devices, Nvidia, Biden, White House, Democratic, White, Big Tech, Federal Trade Commission, Biden Democrat, Trump, Nasdaq, Street, Universa Investments, Yahoo, America, Microsoft, Google, Palo Alto Networks, Palo Alto, Starbucks, Apple, PepsiCo, Myers Squibb, Pepsi, Jim Cramer's Charitable, CNBC, US, Afp, Getty Locations: Ohio, China, U.S, Taiwan, idiocy, Bristol, . Horton, Washington ,, Pennsylvania

☆ Food May Be the Last Thing on Your Mind
▼ + stars: | 2024-07-14 | by ( Sam Sifton | More About Sam Sifton | ) www.nytimes.com time to read: +1 min

We scroll our feeds, read endlessly, watch media people talk and talk and talk, listen to them opine. We anger and worry, mourn and resolve, and then return to the scrolling, the reading, the listening. Food doesn’t obviously have a role in our understanding of events playing out on the world stage. We process news together, around tables, in the presence of those we feed, with whom we eat. And when the food on those tables is made with care and served with affection, it has a palliative effect on the psyches of all who consume it.

☆ France’s far right may be on the brink of power after Macron’s gamble backfired. Here’s what comes next
▼ + stars: | 2024-07-01 | by ( Saskya Vandoorne | Camille Knight | ) edition.cnn.com time to read: +5 min

French President Emmanuel Macron’s centrist alliance was crushed on Sunday after the far-right National Rally (RN) party surged in the first round of the country’s parliamentary elections. It would then become the first far-right party to enter the French government since World War II – although nothing is certain ahead of Sunday’s second round. “Tonight is not a night like any other,” Prime Minister Gabriel Attal said solemnly in an address to the French. The left-wing New Popular Front has announced that it will withdraw all candidates who came in third to help prevent far-right candidates from getting elected. A loss would force Macron to nominate a prime minister from whichever party wins – putting a political opponent in charge of running the government.

Persons: Emmanuel Macron’s, Gabriel Attal, It’s, “, Italy’s Giorgia, Hungary’s Viktor Orban, Vladmir Putin, Le Pen, Vladimir Putin, Macron, Jordan Bardella, Bardella Organizations: Paris CNN, New, Ensemble, ”, European Union, Russian, NATO, National Assembly Locations: Sunday’s, Europe, Ukraine, Russian, France

☆ S&P 500 returns 15% in the first half in an unusually smooth ride
▼ + stars: | 2024-06-29 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

A 15% year-to-date total return in the S & P 500 is the 21 st best run through June since 1900, according to Goldman Sachs. The S & P 500 since the October 2023 correction low is up 33% for an annualized total return pace of 56%. The S & P has gone eight sessions without a move of as much as half a percent. True in magnitude: The market-cap-weighted S & P 500 has outgained its equal-weighted version by more than ten percentage points this year. Not only haven't up days been broadly inclusive, the direction of the S & P 500 has been running inverse to the daily breadth over the past month.

Persons: Goldman Sachs, Sharpe, it's, we'd, I've, What's, Jeff deGraaf, Trump, We've, Poor's, what's Organizations: Nvidia, Walgreens, Nike, Apple, Technology, Communication Services Locations: hiccups

☆ High valuations of Apple and Microsoft get a pass. Nvidia does not but should
▼ + stars: | 2024-06-23 | by ( Jim Cramer | ) www.cnbc.com time to read: +13 min

Sure enough, the next day began a historic ascent of Apple stock, an in-your-face rally that many thought made no sense. There's a coalescence of two themes, high speed, accelerated computing and increasingly intelligent AI, and neither works without Nvidia chips. I know that it seems impossible to ponder Nvidia's stock going any higher or passing Apple and Microsoft and staying ahead of it. Ask yourself, does any company match Jensen and Nvidia right now? I say let others be baffled over the Apple versus Microsoft versus Nvidia conundrum.

Persons: WWDC, Tim Cook, Tim, Claude, hasn't, Moore, Elon Musk, Nvidia's, Jensen Huang, Jensen, Ben Franklin, Franklin, Da Vinci, — Jensen, Steve Jobs, Jim Cramer's, Jim Cramer, Jim, Jim Cramer Rob Kim Organizations: Apple, Developers, Microsoft, Club, Dell, HP Inc, PC, Micron, Nvidia, Computers, Intel, AMD, Pentium, Taiwan Semiconductor Manufacturing Co, Franklin Institute, Oracle, Google, GTC Conference, Cisco, Jim Cramer's Charitable, CNBC Locations: Philadelphia, Rome, Jensen

☆ Paris loses stock market crown to London as political upheaval looms
▼ + stars: | 2024-06-18 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

London CNN —London’s stock market has edged ahead of its rival in Paris as fears grow over the outcome of France’s looming parliamentary elections. The first round of the French elections is scheduled for June 30, followed by a second round on July 7. Hubert de Barochez, a senior market economist at consultancy Capital Economics, said investors might be concerned that a parliament run by the National Rally would penalize banks. In contrast with the political and financial turmoil in France, UK financial markets are “relatively stable,” said Rudolph at IG Group. Credit ratings agencies are already keeping a close eye on France, one of the EU’s three most-indebted countries.

Persons: Emmanuel Macron, Axel Rudolph, you’ve, ”, OpinionWay, Macron, Hubert de Barochez, Rudolph, Richard Hunter, Mohit Kumar Organizations: London CNN, Bloomberg, CAC, FTSE, European Union, “, CNN, National, BNP, Credit, Capital Economics, IG Group, Labour Party, Interactive Investor, National Rally, Jefferies Locations: Paris, France, United Kingdom, Europe’s, Britain

☆ Opinion: Robert De Niro should have turned down role with Biden campaign
▼ + stars: | 2024-05-29 | by ( David Axelrod | ) edition.cnn.com time to read: +5 min

Biden did not want to feed Trump’s feverish charge that he was the cause of the former president’s myriad legal problems. But Biden and his campaign has mostly gone for the capillary, not the jugular. (It’s also a little bewildering why Team Biden, struggling with younger voters, cast De Niro as its point man here. Navigating Trump’s legal thicket has been a challenge for Biden from the start. Predictably, the Trump campaign jumped all over Tuesday’s events, accusing the Biden campaign of desperation and jury tampering.

Persons: David Axelrod, ”, Barack Obama, Obama, Robert De Niro, Joe Biden, Donald, Biden, Trump, “ I’ve, Niro, De, De Niro, he’s, it’s, Fingers, De Niro’s, It’s, Gen, Donald Trump Jr, Jr Organizations: CNN, White, Union, Trump, Twitter, Facebook, Biden Locations: Manhattan, De Niro

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