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Amazon workers in more than 20 countries, including the United States and the United Kingdom, plan to hold protests or go on strike between Black Friday and Cyber Monday, two of the marquee shopping promotions of the year, according to organizers. ‘Make Amazon Pay Day’ is becoming a global act of resistance against Amazon’s abuse of power,” said Christy Hoffman, general secretary of UNI Global Union. In at least six German towns, thousands of Amazon workers are set to strike. In New Delhi, hundreds of Amazon workers are expected to rally to demand fair treatment. “Amazon is everywhere, but so are we,” said Varsha Gandikota-Nellutla, co-general coordinator of Progressive International.

Persons: ”, Christy Hoffman, Eileen Hards, we’re, Jeff Bezos, Varsha Organizations: Black, UNI Global Union, Progressive, International Labour Organization, United, Seattle, Progressive International, “ Locations: United States, United Kingdom, Switzerland, U.S, Germany, France, Japan, Brazil, Turkey, New Delhi, United Nations, Staten Island , New York, Alabama, New York, Spain, Italy

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Persons: I’ve, Harry Rabinowitz —, Lindsay Schneider, Apple Airtag, Harry Rabinowitz, Carote, TikTok Organizations: Walmart, Black, 6AM, Walmart Plus, NBC, Walmart Apple, Fujifilm, Samsung, Amazon Alexa, Root, Apple ., Apple, Microsoft, Google, Walmart NBC, Facebook, Twitter

Many U.S. retailers are hoping to put the fall quarter behind them. But she said the company has begun to see holiday sales momentum now that the vote is over — with particular demand for computers, tablets and sales in its services department. Among those expecting stronger holiday sales Tuesday was Abercrombie & Fitch, which continues to see a sales renaissance. The trendy apparel chain now expects holiday quarter sales growth of 5% to 7%, ahead of the 4.8% growth that analysts had expected, CNBC reported. It also lifted its sales growth guidance for the full year.

Persons: Corie Barry, ” Barry, it's Organizations: U.S, GOP, Republicans, Conference Board, Abercrombie, Fitch, CNBC, New York Stock Exchange, Philadelphia Federal Reserve Locations: Burlington, U.S

☆ Why green investments have become the last line of defense for Biden’s climate agenda
▼ + stars: | 2024-11-26 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +20 min

CNN —Can the green shoots of clean energy break through the “brown blockade”? Those huge current and planned investments in new manufacturing plants may represent the sole opportunity to preserve any elements of Biden’s blueprint for growing the domestic clean energy industry. Republican districts are slated to receive an equally large share of another $435 billion in clean energy projects that have been announced but not yet built, the analysis found. The US reliance on the fossil fuels driving climate change has been declining for years, but only at a modest pace. Yet interrupting that transition by repealing the federal policies benefiting clean energy remains a dangerous gamble.

Persons: Donald Trump, Trump, Joe Biden’s, Biden –, ”, Lori Lodes, ‘, I’ve, Trump’s, Tammy Baldwin, John Fetterman, Kamala Harris, Chris Wright, ’, Lee Zeldin, Elizabeth Conley, “, Jason Walsh, ” Lodes, Robert McNally, George W, Bush, McNally, Walsh, ” Walsh, Joseph Shapiro, Shapiro, EVs, Ben King, King, ” King, ” Shapiro Organizations: CNN, GOP, Republican, Climate Power, Trump, federal Energy Information Administration, Senate, Electoral College, Energy Information Administration, Democratic, Biden, ExxonMobil, Environmental Protection Agency, “, Massachusetts Institute of Technology, Rosendin, Houston Chronicle, Power, BlueGreen Alliance, Republicans, Hyundai, Bloomberg, Getty, University of California Locations: America, United States, Wyoming , Louisiana, North Dakota, West Virginia, Alaska , Montana , Oklahoma, Texas, Iowa, Nebraska, Kansas, Ohio, Indiana , Michigan, Wisconsin, Massachusetts, New York, Virginia, Maryland, Washington , Oregon, California, West Virginia , Montana and Ohio, Pennsylvania, New Mexico, Michigan, – Michigan, Washington, Liverpool , Texas, Georgia, Ellabell , Georgia, Berkeley

☆ Tim Cook and other U.S. executives attend China expo, meet officials as Trump tariff threat looms
▼ + stars: | 2024-11-26 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

A view of the exterior of the China International Exhibition Center (Shunyi Hall), venue for the second China International Supply Chain Expo (CISCE), on November 26, 2024 in Beijing, China. American business leaders are in China this week for meetings with officials and a high-profile supply chain expo as trade threats from a second Donald Trump presidency mount. Among them is Apple CEO Tim Cook, who will be in attendance for the second annual 'China International Supply Chain Expo,' which kicked off Tuesday. Ahead of the expo, the CEO met with Chinese Premier Li Qiang alongside other top executives from global companies, the American Chamber of Commerce in China said in a social media post. Organized by the China International Exhibition Center Group, the second CISCE expo will focus on key supply chains, such as advanced manufacturing, green and digital technology as well as supply chain services.

Persons: Donald Trump, Tim Cook, We're, Cook, Premier Li Qiang Organizations: China International Exhibition, China, Chain, Apple, China International, Premier, American Chamber of Commerce, CNBC, Corning, Rio Tinto, Lenovo, China International Exhibition Center Locations: Beijing, China, American, Rio

☆ AI engineers are in high demand — but what is the job really like?
▼ + stars: | 2024-11-26 | by ( Nessa Anwar | ) www.cnbc.com time to read: +1 min

"Artificial intelligence" and "job creation" aren't typically two terms thrown together in the same sentence — and for good reason. One report from Goldman Sachs in 2023 estimated 300 million full-time jobs could be lost to automation. Tens of millions of jobs are also being created by AI, with jobs that require AI specialist skills growing at 3.5 times the pace of jobs overall. CNBC met with three Singaporeans working with AI across multiple sectors, as they fought scams and fraud, developed large language models and designed chatbots. Watch the video above to learn how engineers are leveraging AI in their jobs – and why it's never too late for a career switch.

Persons: Goldman Sachs, 2016,1, Rajat Maheshwari, Mastercard Joel Garcia, it's Organizations: CNBC, & Intelligence Solutions, Mastercard, ASEAN, Amazon Leong, SEA Locations: United States, United Kingdom, Canada, Singapore

☆ Mette Lykke Helps Keep Food Out of the Trash in 19 Countries
▼ + stars: | 2024-11-26 | by ( Shivani Vora | ) www.nytimes.com time to read: +1 min

This article is part of a Women and Leadership special report highlighting the work by women around the world addressing climate change. Its partners include Whole Foods Market, Starbucks and ALDI supermarkets; small and family-owned businesses are also part of the mix. Ms. Lykke, 43, grew up in rural Denmark with parents who taught her to waste as little as possible. At the time, Ms. Lykke worked in technology start-ups. She became an investor, and the founders, knowing of her success developing a fitness app, Endomondo, and her commitment to their cause, chose her to lead the company as chief executive in 2017.

Persons: Mette Lykke’s, Lykke Organizations: ”, Whole Foods, ALDI Locations: Copenhagen, Denmark

☆ Elon Musk says human-piloted fighter jets like the F-35 are obsolete. Drone tech can't yet fill the gap.
▼ + stars: | 2024-11-26 | by ( Ryan Pickrell | Mia Jankowicz | ) www.businessinsider.com time to read: +8 min

In the Ukraine war, drones are surveilling and striking enemy vehicles and troop positions. Four years ago, the SpaceX founder said a remotely controlled uncrewed fighter would be a better alternative to the F-35 and argued the future is autonomous drone warfare. AdvertisementIn the Ukraine war, drones have been a priority for combatants, but Ukraine still seeks Western fighter aircraft. Some former pilots and warfighting analysts say the US military should combine drones and crewed fighter aircraft. In this situation, uncrewed systems enhance crewed systems and vice versa.

Persons: Elon Musk, Eric Schmidt, Musk, SERGEI SUPINSKY, That's, Justin Bronk, Guy Snodgrass, Andrej Tarfila, Lockheed Martin, Mark Gunzinger, Bronk, Gunzinger Organizations: Army, Trump's Department, SpaceX, Getty, Royal United Services Institute, uncrewed, Lockheed, BI, US Air Force, Concepts, Mitchell Institute for Aerospace Studies Locations: Ukraine, Kyiv, Western, AFP

U.S. President-elect Donald Trump at a viewing of a test-flight launch of the SpaceX Starship rocket in Brownsville, Texas, Nov. 19, 2024. Brandon Bell | Getty Images News | Getty ImagesAs Inauguration Day nears, investors are trying to unravel what booms or busts lay ahead under President-elect Donald Trump. Yet the energy sector climbed 22.9% under Biden as of Nov. 19, despite the administration's push for renewables and sustainability. As president, Trump is expected to embrace crypto more than any of his predecessors. When Biden won in 2020, there was a lot of panic about the outlook for energy, oil and gas.

Persons: Donald Trump, Brandon Bell, Jeremy Goldberg, Goldberg, Larry Adam, Raymond James, Trump, Adam, Biden, Monty Rakusen, John Murphy, Murphy, Callie Cox, Cox, Greg Iacurci Banks, Jamie Dimon, Andrew Harrer, Brian Spinelli, Halbert Hargrove, Spinelli, David Rea, Lorie Konish, Bill Varie, —, — Greg Iacurci Crypto, Kevin Wurm, Matt Apkarian, Apkarian, Christina Lynn, there's, Lynn, — Lorie Konish, Cooper Neill, Joe Biden, Mike Cerasoli, Cerasoli, you'll, — Lorie, Images Trump, Robert F, Kennedy Jr, bode, David Weinstein, Weinstein, Chris Unger, Charles, Vivek Ramaswamy, Greg Iacurci, Thomas Barwick, Ted Decker, Decker, TJ Maxx, Lorraine Hutchinson, — Greg Iacurci, Donald J Organizations: SpaceX, Getty, Trump, Professional Advisory Services, Digitalvision, EV, Biden, Bank of America Securities, Ford, Ritholtz Wealth Management, U.S . Federal, JPMorgan Chase &, White, Bloomberg, CNBC, Salem Investment, Bank, — Greg Iacurci Crypto Republican, Reuters, bitcoin, Liberty Financial, Cerulli Associates, Mariner Wealth, — Lorie Konish Energy, Double Eagle Energy Holdings LLC, Eagle Global Advisors, Images, Department of Health, Human Services, RFK, U.S . Senate, Merck, Pfizer, Dana Investment, Affordable, Publicly, HCA Healthcare, UFC, Madison, Garden, Ufc, Medical, Charles River Laboratories, Food and Drug Administration, of Government, Retailers, Walmart, Marshalls, Google, Twitter, Trump National Golf Club, Washington Post Locations: Brownsville , Texas, California, U.S, Iran, Venezuela, Washington, Long Beach, Calif, Salem, Winston, Salem , North Carolina, Ritholtz, Nashville , Tennessee, cryptocurrency, Lynn, Midland , Texas, Houston, New York, China, North America, HomeGoods, Bedminster , NJ, Jabin

☆ Mate 70: Huawei seals post-Android comeback by unveiling new phone with its own software
▼ + stars: | 2024-11-26 | by ( Juliana Liu | ) edition.cnn.com time to read: +4 min

The new Mate 70 smartphone, which starts at 5,499 yuan ($760), features the HarmonyOS Next operating system, which no longer supports Android-based apps. The Mate 70 represents a “critical step” in Huawei’s software evolution, Lucas Zhong, research analyst at Canalys, told CNN. The shift away from the Android ecosystem “will be essential for Huawei to maintain momentum in the premium segment, solidify consumer loyalty, and attract potential platform switchers,” he said. Major Chinese tech companies have reportedly gotten on board, hiring developers to create compatible apps. “If no one uses it, no matter how advanced the operating system is, it will have no value,” he said, according to a Wechat post.

Persons: ” Richard Yu, Lucas Zhong, ”, Canalys, Eric Xu, Xu, Mengmeng Zhang Organizations: Hong Kong CNN, Huawei, Washington, CNN, Counterpoint Research Locations: China, Hong Kong, United States

☆ 6 ways DEI programs are evolving as companies reorganize, home in on employee skills, and leverage the power of AI
▼ + stars: | 2024-11-26 | by ( Julia Hood | Rebecca Knight | ) www.businessinsider.com time to read: +14 min

Business Insider asked its Workforce Innovation board to participate in a roundtable to discuss how DEI programs are evolving. AdvertisementSkills-based hiring is one way companies are working to identify diverse candidates organically. The critical piece for companies is to figure out the best way to capture an accurate and comprehensive view of employees' skills. The global company has a centralized corporate DEI team, with DEI councils at the individual industry units. Using AI to scrutinize hiring, while retaining the human touchAdya said Infosys is using AI to analyze patterns in its hiring data.

Persons: John Deere, Maggie Hulce, Spring Lacy, We've, Anant Adya, Infosys Lucrecia Borgonovo, Chris Deri, Weber, Lacy, Lucrecia Borgonova, Mastercard's, Borgonovo, Lucrecia Borgonovo, Hulce, It's, realigning, Adya, Deri Organizations: Microsoft, Molson Coors, Walmart, for Racial Equity, Business, Ferring Pharmaceuticals, Verizon, Infosys, Prudential, Mastercard, DEI

☆ Ex-Google CEO warns that 'perfect' AI girlfriends could spell trouble for young men
▼ + stars: | 2024-11-26 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

AdvertisementIn a podcast interview, Eric Schmidt warned that AI dating may increase loneliness among young men. The former Google CEO said young men dating the "perfect" AI girlfriend may also lead to obsession. He suggested AI regulation changes but expects little action without a major incident. Former Google CEO Eric Schmidt recently shared his concerns about young men crafting AI romantic partners and said he agrees that AI dating will actually increase loneliness. AdvertisementSchmidt said he doesn't expect much AI regulation in the next four years as Trump's administration will likely have other priorities.

Persons: Eric Schmidt, Schmidt, G, Scott Galloway, he's, Donald Trump's, Brendan Carr Organizations: Google, Study

☆ Barclays lifts price target on S&P 500 to 6,600, sees index rallying 10% in 2025
▼ + stars: | 2024-11-26 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Barclays sees more upside in store for the broad market in 2025. Equity strategist Venu Krishna lifted the firm's price target on the S & P 500 to 6,600 from 6,500, citing expectations for U.S. technology "exceptionalism" and a "virtuous cycle between income and consumption." .SPX YTD mountain Shares this year The new target from the firm reflects 10% upside from Monday's close and 10% upside from the firm's revised 6,000 current year-end price target. The S & P 500 has surged 25.5% since the start of the year. The firm also lifted its earnings per share estimates for the index to $271 from $268, suggesting nearly 12% year-over-year growth.

Persons: Venu Krishna, Krishna Organizations: Barclays, Big Tech

☆ Police departments across U.S. are starting to use artificial intelligence to write crime reports
▼ + stars: | 2024-11-26 | by ( Barbara Booth | ) www.cnbc.com time to read: +8 min

"When I first tested it myself, I was absolutely floored, because the draft report was incredibly accurate. "If the police officer is going to rely on artificial intelligence [to draft the report], that report should be reviewed," said New York trial attorney David Schwartz. Axon competitors Truleo and 365 Labs are positioning their AI tools as quality-focused aids for officers rather than time savers. Still, she says "I don't think the genie is going back into the bottle. Schwartz believes that while AI reports could be admissible, they open the door for intense cross-examination.

Persons: Fort, Rick Smith, Robert Younger, Stephanie Pitcher, Parker, McConkie, David Schwartz, Smith, Keith Olsen, —, Olsen, Anthony Tassone, 365Labs, Mohit, Cassandra Burke Robertson, Schwartz, it's, Adam Rosenblum, Sergeant Younger, Fort Collins, I've, that's Organizations: East Palo, Fort Collins Police Department, it's, New York, Center, Case Western Reserve University School of Law, Fort Locations: Fort Collins , Colorado, Lafayette , Indiana, East, East Palo Alto , California, Utah, York, New Jersey

☆ Intel awarded $7.9 billion from the CHIPS Act ahead of Trump's second term
▼ + stars: | 2024-11-26 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

The US Department of Commerce announced the grant, part of the CHIPS Act, on Tuesday. President-elect Donald Trump has criticized the CHIPS Act in favor of tariffs. Intel is receiving about $7.9 billion in federal grants, the US Department of Commerce said Tuesday, as the Biden administration finalizes CHIPS Act agreements ahead of Donald Trump taking office. President-elect Trump has previously criticized the CHIPS Act and suggested he would prefer tariffs to incentivize semiconductor manufacturing on US soil. The CHIPS Act cash will help Intel boost its semiconductor production in the US.

Persons: Biden, Donald Trump, Joe Biden's, Trump, Gina Raimondo, Pat Gelsinger Organizations: Intel, US Department of Commerce, Department of Commerce, New York Times, Bloomberg, Street, Qualcomm Locations: Arizona , New Mexico , Ohio, Oregon

☆ Thales CFO: We see higher revenue in coming years as all countries increase defense spending
▼ + stars: | 2024-11-26 | 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 EmailThales CFO: We see higher revenue in coming years as all countries increase defense spendingPascal Bouchiat, chief financial officer at French defense and technology firm Thales, discusses the geopolitical landscape and its impact on the business.

Persons: Pascal Bouchiat Organizations: Thales

☆ Huawei Targets Apple with Advanced Chip Innovation in China
▼ + stars: | 2024-11-26 | by ( Meaghan Tobin | John Liu | ) www.nytimes.com time to read: +1 min

Last year, the tech giant Huawei catapulted to the top of the smartphone market in China when it released the Mate 60 Pro, a phone that contained a tiny computer chip more advanced than any previously made by a Chinese company. The chips used by Huawei’s smartphones have become a symbol in the struggle between China and the United States for control over advanced technology. Policymakers in Washington have spent years trying to prevent Chinese companies from being able to make the kind of chip Huawei uses in its Mate phone. Shoppers in China were excited to buy a phone with state-of-the-art components that had been made entirely at home. Huawei was able to appeal to Chinese customers who previously would have been more likely to buy iPhones, eating into Apple’s most important market outside the United States.

Organizations: Huawei Locations: China, United States, Washington, U.S

☆ AI Customer Service Chatbots Are Making People Miserable and Annoyed
▼ + stars: | 2024-11-26 | by ( Emily Stewart | ) www.businessinsider.com time to read: +14 min

By corporate America's (sometimes dubious) telling, AI is basically the answer to everything, including customer service. A recent Gartner survey found that nearly two-thirds of customers prefer that companies don't use AI for customer service. Related storiesEven setting aside the cost savings for companies, there are clear reasons that AI should be a good fit for customer service. "We know that there are certain aspects of customer service that AI is doing well. What's more, if every company has a mediocre AI experience, the bar might just be lowered across the board.

Persons: I've, I'm, It's, it's, Karen, I'd, Michelle Schroeder, don't, Michelle Kinch, that's, aren't, Keith McIntosh, They're, they're, Kinch, Jason Maynard, Chris Filly, Maynard, Jeff Gallino, Rodney Zemmel, they'll, —, Gallino, Schroeder, We've, Emily Stewart Organizations: Corporations, Dartmouth's Tuck School of Business, Gartner, Companies, Asia Pacific, FedEx, Fortune, Santander, Siemens, McKinsey, Delta, Filly, Alexa, Business Locations: North America, Asia, Zendesk, Callvu, PolyAI

☆ Databricks closes in on multibillion funding round at $55 billion valuation to help employees cash out
▼ + stars: | 2024-11-26 | by ( Kate Rooney | ) www.cnbc.com time to read: +3 min

San Francisco-based Databricks is raising at least another $5 billion in its latest funding round — though it could raise up to $8 billion given the round is ongoing — according to several sources who asked not to be named because the discussions were private. The latest raise would value the company at $55 billion and could top the largest round of the year by OpenAI. The latest funding is designed to help Databricks employees sell shares, a source said. One source said the funding round makes Databricks' highly anticipated public debut less urgent. This summer, it acquired MosaicML, a $1.3 billion software startup that focuses on large language models that can churn out natural-sounding text.

Persons: Ali Ghodsi, Databricks, OpenAI, Andreessen Horowitz, Baillie Gifford, Snowflake, Ghodsi Organizations: Databricks Inc, Bloomberg Technology, CNBC, OpenAI, Walgreens, Nvidia, Capital, Fidelity, Insight Partners, Tiger Global Locations: San Francisco

☆ Kevin McCarthy on ALFA Institute launch: Whoever captures AI in quantum really captures the future
▼ + stars: | 2024-11-26 | 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 EmailKevin McCarthy on ALFA Institute launch: Whoever captures AI in quantum really captures the futureFormer House Speaker Kevin McCarthy joins 'Squawk Box' to discuss the launch of his ALFA Institute, a new group aimed at advocating for pro-technology proposals.

Persons: Kevin McCarthy Organizations: ALFA Institute

☆ OpenAI is the definitive consumer brand for AI at this point, says Bedrock Capital's Geoff Lewis
▼ + stars: | 2024-11-26 | 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 EmailOpenAI is the definitive consumer brand for AI at this point, says Bedrock Capital's Geoff LewisGeoff Lewis, Bedrock Capital founder and managing partner, joins 'Squawk Box' to discuss the state of the AI technology race, why he believes OpenAI continues to be the leader in AI, M&A outlook in the sector, and more.

Persons: Geoff Lewis Geoff Lewis, OpenAI Organizations: Bedrock Capital

☆ Meet the start-up working to save newborn babies and democratize pregnancy care
▼ + stars: | 2024-11-26 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +2 min

On top of that, almost 800 women a day died from "preventable causes" in pregnancy or childbirth in 2020, an "unacceptably high" figure, the WHO says. "Women's health [care] has been geared towards treating women who are sick and not keeping women well," said Amrish Nair, Biorithm's chief technology officer and co-founder. It can be used during contractions, providing information to clinicians for interventions where necessary. Femom's five electrodes capture electrical signals at the surface of the abdomen and transmit information to a dashboard, accessible by medical staff. "This device answer[s] a very basic question of all parents: how well is my baby?"

Persons: Amrish Nair, …, Sihem, Tedjar, Thiam Chye Tan Organizations: World Health, WHO, CNBC Tech Locations: Singapore

☆ This under-the-radar tech stock could be due for a comeback. How to play it with options
▼ + stars: | 2024-11-26 | by ( Nishant Pant | ) www.cnbc.com time to read: +3 min

Observably, both DI- and DI+ are reversing course, suggesting an early sign of a trend change. Support/Resistance Beyond technical indicators, traditional support and resistance levels further validate this trade setup. OLED has shown strong support at the 160 level, with the stock rebounding from this area, reinforcing the bullish case. To take a bullish trade on OLED, I'm using a trade structure called a "bull call spread." If OLED keeps going up from here and the stock price is above $170, a 170-175 call spread is also a feasible trade setup.

Persons: OLED Organizations: Dow Jones, Trump, Display Corp, DI, CNBC, NBC UNIVERSAL Locations: OLED

☆ Escaping the 'Perfection Trap'
▼ + stars: | 2024-11-26 | by ( Sponsored Ibm | ) www.businessinsider.com time to read: +5 min

Many organizations experimenting with AI may find themselves stuck in a "perfection trap," reluctant to deploy anything less than 100% complete. This widespread hesitation to move forward can hinder AI progress — and very few organizations have moved beyond the experimentation phase. Roughly 80% of surveyed AI leaders report data-related challenges, including governance concerns. By avoiding the perfection trap, leaders can foster sustained innovation and maximize the value of their AI investments. Read the AI in Action 2024 report to learn more about how IBM can help you turn AI experiments into transformative solutions.

Persons: Winston Churchill, Cathy Reese, hesitancy, Reese Organizations: Public Data, Technology Service, IBM Consulting, IBM, Insider Studios

☆ We knew Best Buy's quarter and guide would be weak. Here's our plan for the stock
▼ + stars: | 2024-11-26 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

BBY YTD mountain Best Buy YTD These were not the results we wanted from Best Buy, but they are the numbers we had expected. Best Buy stock below $80 would push the dividend yield up to just under 5% — a nice payout for our patience. We still believe in the stock because Best Buy should benefit once mortgages drop and housing turnover picks up. Best Buy Why we own : We believe Best Buy will prove to be a go-to destination for consumers looking to upgrade hardware, much of which was purchased during Covid, to new AI-powered devices. In the Best Buy app, the company also launched the "Best Buy Gift Finder," an AI-powered gifting guide to help consumers find new products.

Persons: Jim Cramer, it's, Donald Trump, Jim, Corie Barry, Barry, Matthew Bilunas, Jim Cramer's, David Paul Morris Organizations: Revenue, LSEG, Target, Walmart, Amazon, Costco, Enterprise, Black, Microsoft, Meta, Management, CNBC, Bloomberg, Getty Locations: Tuesday's, Union City , California

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