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AdvertisementSebastian Stan plays a young Donald Trump in "The Apprentice," a movie about his life in the 1970s. Stan said other actors wouldn't discuss Trump, and the film, with him for Variety's "Actors on Actors." You won't see Sebastian Stan doing an "Actors on Actors" interview about his new Donald Trump movie "The Apprentice," because, according to the actor, no one would talk to him about it. "We couldn't get past the publicists or the people representing them, because it was too afraid to talk about this movie." "We invited him to participate in 'Actors on Actors,' the biggest franchise of awards season, but other actors didn't want to pair with him because they didn't want to talk about Donald Trump," Setoodeh said.
Persons: Sebastian Stan, Donald Trump, Stan, wouldn't, Trump, Ali Abbasi, Roy Cohn, Jeremy Strong, Trump's, Ivana, Maria Bakalova, It's, Abbasi, Gabriel Sherman, Ramin Setoodeh, IndieWire, didn't, Setoodeh, Sherman, Tuesday's, we're Organizations: Trump, Cannes, Penske Media Corporation, Cannes Film, Briarcliff Entertainment Locations: States
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Russia warns of nuclear responseUkraine "struck a facility in [the] Bryansk region" of Russia using six U.S.-made missiles, said Russia's Ministry of Defense. On Tuesday, Russian President Vladimir Putin updated the country's nuclear doctrine, expanding the circumstances that would warrant a response using nuclear weapons. Markets recovered from jittersU.S. markets mostly closed higher on Tuesday after dipping in response to news of heightened geopolitical tensions.
Persons: Vladimir Putin, Cristiano Amon's, Atomico, Goldman Sachs, David Kostin Organizations: CNBC, Ministry of Defense, Micro Computer, Eurostat, Qualcomm Qualcomm, Qualcomm, Venture Locations: Russia, Ukraine, Bryansk, jitters U.S, New, Europe, Tuesday's, U.S
Expectations are high for Nvidia's earnings. Momentum behind Nvidia's Blackwell ramp Wall Street majors view Nvidia's Blackwell platform — which should be generally available in the January quarter — as a multibillion-dollar revenue opportunity for the chipmaker. Nvidia had said in August that it expected about "several billion" in Blackwell sales during the January quarter. According to Piper Sandler analyst Harsh Kumar, Nvidia could deliver between $5 billion and $8 billion of Blackwell revenue in the January quarter. Analysts are also largely undeterred by recent concerns about a recent report from The Information that Nvidia's Blackwell NVL-72 server racks are experiencing issues with overheating.
Persons: Blackwell, Nvidia's, Piper Sandler, Harsh Kumar, Kumar, Goldman Sachs, Goldman, Toshiya Hari, Nvidia's Blackwell NVL, Vivek Arya, Hopper, Atif Malik, Hari, Nvidia's Hopper, Wells Fargo's Aaron Rakers, Ruben Roy, Roy Organizations: Nvidia, Blackwell, Citi, Nvidia's Blackwell, Bank of America, HSBC, Hopper, Data, Elon
Delta Air Lines on Wednesday said sales would grow in 2025, citing a "resilient economy" for strong travel demand and credit card spending, especially for higher-end offerings. Delta forecast revenue growth in the mid-single digit percentage points next year compared with 2024, in line with the roughly 6% growth analysts were expecting. In an investor day presentation, the carrier said it would expand flying by 3% to 4% next year from 2024. Hauenstein said Delta is looking for new ways to segment its cabins after the carrier — and rivals — spent years breaking coach-class into options like premium economy, extra-legroom seats and basic economy. While it didn't provide detail, it's also considering more options for travelers sitting in the front of the plane too, Hauenstein said.
Persons: Delta, Glen Hauenstein, Delta's, Hauenstein, , it's Organizations: Delta Air Lines, American Express, United Airlines Locations: Tuesday's
Stocks are primed for another big stock market gain in 2025 given U.S. economic strength and likely deregulation under President-elect Donald Trump, according to Wells Fargo. The Wall Street bank expects the S & P 500 will advance to 6,600 by the end of 2025. .SPX YTD mountain S & P 500 Wells Fargo is the latest big firm to release its 2025 S & P 500 year-end target, with virtually all shops thus far anticipating a roughly 10% gain or more for the broad market index. Goldman Sachs' David Kostin this week said he expects the S & P 500 to end next year at 6,500. The S & P 500 surged 24% in 2023, and is up more than 23% this year.
Persons: Donald Trump, Darrell Cronk, Goldman Sachs, David Kostin, Morgan Stanley's Mike Wilson, Brian Belski, Cronk Organizations: Wells, Investment Institute, BMO, UBS, CNBC, & $ Locations: Wells Fargo, Tuesday's
Williams-Sonoma earned $1.96 per share on $1.80 billion in revenue, while analysts surveyed by LSEG had anticipated just $1.78 in earnings per share and $1.79 billion in revenue. Target — Shares plunged more than 21% after the big-box retailer disappointed on third-quarter earnings and revenue estimates and cut its full-year guidance, just three months after raising that forecast. Target reported only a slight uptick in customer traffic as CEO Brian Cornell noted "lingering softness in discretionary categories." That is better than the $1.57 in earnings per share that analysts were expecting, per FactSet. Dolby earned 61 cents per share in its fiscal fourth quarter, higher than analysts' forecast of 45 cents per share, according to FactSet.
Persons: LSEG, Ford, Piper Sandler, Brian Cornell, Robinhood, Needham, Morgan Stanley, Keysight, Dolby, , Alex Harring, Brian Evans, Sean Conlon, Yun Li, Michelle Fox Organizations: Sonoma, Ford, U.S, Nvidia, LSEG, , Air Lines, Delta, Super Micro, BDO, Nasdaq, Dolby, Wall, Qualcomm Locations: Robinhood
Oppenheimer's top stock picks heading into year-end
  + stars: | 2024-11-20 | by ( Sean Conlon | ) www.cnbc.com   time to read: +3 min
Meanwhile, the Dow Jones Industrial Average and the S & P 500 are each up more than 3% month to date. As November nears its close, Oppenheimer has updated its top stock ideas list. Its $145 price target reflects almost 22% upside from Tuesday's close. Oppenheimer believes medical technology company Transmedics is also due for a rally, as its $125 target reflects nearly 51% upside from Tuesday's close. TMDX YTD mountain TMDX, year-to-date For newly added Citigroup, Oppenheimer's $107 target implies more than 56% upside from Tuesday's close.
Persons: Stocks, Donald Trump's, Oppenheimer, Rob Lynch, Brian Bittner, Suraj Kalia Organizations: Oppenheimer, Nasdaq, Dow Jones Industrial, Citigroup, Oppenheimer's Locations: Instacart
Canadian uranium miner Cameco Corporation is well positioned for growth on rising demand for nuclear power in the U.S. and less exposure to global geopolitical risk, according to Goldman Sachs. CCJ YTD mountain Cameco, YTD Cameco is integrated across uranium mining, conversion and fabrication as well nuclear services through its stake in Westinghouse, Mehta wrote. Cameco is also an attractive partner for Western utilities because the company has relatively low geopolitical risk. This puts the uranium price midpoint at around $100 which is well above current spot levels of about $80 per pound, according to Goldman. Cameco is still working through the financial impact of its Westinghouse acquisition, but the miner sees a 6% to 10% growth rate over the next five years for the nuclear services company.
Persons: Goldman Sachs, Goldman, Neil Mehta, Mehta, Cameco, Grant Isaac, Isaac Organizations: Cameco Corporation, Westinghouse Locations: U.S, Canada, Kazakhstan
Jim Cramer said Wednesday he's feeling even better about Apple after a new piece of Wall Street research. "This piece makes me feel more confident [about Apple]," Jim said Wednesday. "They are transitioning in a very deft way from making China by far their biggest market to India," Jim said. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. An Apple logo is displayed on a smartphone with stock market values in the background.
Persons: Jim Cramer, Bernstein, Toni Sacconaghi, , Jim, Donald Trump's, Jim Cramer's Organizations: Apple, JPMorgan, Apple's, F1Q25, UBS, Apple Intelligence, CNBC, Getty Locations: China, India, Philippines, Indonesia
Photos of Combs' handwritten to-do list should never have been given to prosecutors, a lawyer said. "I think it's clear that this material is outside the defense defending a criminal case," the prosecutor told the judge of the to-do list excerpts. The filter team then extracted all attorney-client material before passing the remaining photographs along to the Combs prosecutors, Slavik told the judge. Combs is due back in court on Friday, when his defense team will make a third argument for bail. Prosecutors cannot refer to Combs' disputed to-do list tasks in opposing bail, the judge ordered.
Persons: Sean, Diddy, Combs, , Marc Agnifilo, Arun Subramanian, Agnifilo, Christy Slavik, Slavik Organizations: of Prisons, News, US, Brooklyn's Metropolitan Detention Locations: Brooklyn, Manhattan, Brooklyn's
Mobile app development company AppLovin may have soared more than 700% this year. Piper Sandler thinks the stock is an artificial intelligence winner with more room to run. The firm initiated coverage with an overweight rating and $400 price target on shares, implying shares could climb an additional 24.5% from Tuesday's close. APP YTD mountain AppLovin in 2024 "The stock is up over [700%] YTD, more recently driven more by multiple expansion than estimate revisions. "APP's impressive revenue growth has occurred despite a challenged overall market.
Persons: Piper Sandler, AppLovin, James Callahan, Callahan Organizations: APP, NASDAQ Locations: Tuesday's
President-elect Donald Trump's second term could spell big gains for Robinhood , according to Bernstein. Analyst Gautam Chhugani, who has an outperform rating on the stock, increased his price target by $21 to $51 and named it his top "crypto deregulation" trade. "But under a potentially new pro-crypto SEC, this looks set to change, and we expect HOOD to be the biggest beneficiary of crypto regulatory tailwinds." Among the 17 analysts covering Robinhood, nine have a strong buy or buy rating, according to LSEG data. On the other hand, seven have taken a neutral stance with a hold rating and one has an underperform rating.
Persons: Donald Trump's, Bernstein, Gautam Chhugani, skyrockets, Chhugani, Gary Gensler, HOOD, , Oppenheimer, Teresa Goody Guillén –, BakerHostetler, Trump, Owen Lau Organizations: Robinhood, Securities and Exchange Commission, Trump, SEC Locations: HOOD
Target – Shares plunged more than 17% after the Minneapolis-based retailer missed third-quarter earnings and revenue estimates and slashed its full-year guidance, just three months after raising that forecast. Delta Air Lines – The Atanta-based carrier fell more than 1% after reiterating its outlook for the fourth quarter . Nio – U.S. shares fell more than 2% after the Chinese electric vehicle maker posted lower-than-expected revenue for the third quarter. Dolby earned 61 cents per share in its fiscal fourth quarter, above analysts' estimated 45 cents per share, according to FactSet. Powell Industries – Shares of the electrical equipment company fell 13% after new orders in the fiscal fourth quarter fell to $267 million from $356 million in the third quarter.
Persons: NBCUniversal, Brian Roberts, Goldman Sachs, Morgan Stanley, Nio, Dolby, Robinhood, Needham, Keysight, Piper Sandler, Mike Tyson, Jake Paul, , Alex Harring, Jesse Pound, Pia Singh, Sarah Min Organizations: , Comcast, CNBC, MSNBC, Delta Air Lines, Delta, FactSet, Dolby, Technologies, Powell, BDO, Nasdaq, Netflix Locations: Minneapolis, Nio –
A federal judge on Tuesday ordered prosecutors to get rid of copies of 19 pages of notes taken from Sean "Diddy" Combs' jail cell after his lawyers argued the seizure violated attorney-client privilege. Judge Arun Subramanian ruled Tuesday that the court will keep the papers while prosecutors and Combs’ lawyers submit briefs on the issue over the next few weeks. The music mogul has denied both the charges as well as prosecutors' allegations that he’s tampering with witnesses from jail. At Tuesday's hearing Combs, 55, who wore olive prison clothing garb, appeared to have lost weight since his last court appearance. Homeland Security Investigations agents outside the home of Sean "Diddy" Combs in Los Angeles, Calif. on March 25, 2024.
Persons: Sean, Diddy, Combs, Arun Subramanian, Christy Slavik, , , David Swanson, Marc Agnifilo, Slavik, Agnifilo Organizations: Prosecutors, U.S, Security, Getty Images Defense, Metropolitan Detention, Bureau of Prisons Locations: Los Angeles, Calif, Brooklyn, U.S
Crude oil futures edged slightly lower on Tuesday, after rallying about 3% in the prior session on fears that the war between Ukraine and Russia is escalating. President Joe Biden has authorized Ukraine to use long-range missiles to hit targets in Russia in a major departure from Washington's previous position, according to media reports. ET:Stock market futures fell on the growing geopolitical tensions, with Dow futures down more than 200 points. President-elect Donald Trump campaigned on ending the war in Ukraine. Moscow's full-scale invasion of Ukraine roiled global energy markets in 2022 as European nations sought to end their dependence Russian natural gas.
Persons: Joe Biden, Vladimir Putin, Donald Trump Organizations: Dow Locations: Ukraine, Russia, Moscow's
Watch Tuesday's full episode of Fast Money — November 19, 2024
  + stars: | 2024-11-19 | 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 EmailWatch Tuesday's full episode of Fast Money — November 19, 2024"Fast Money" is America's post-market show. Hosted by Melissa Lee and a roundtable of top traders, "Fast Money" breaks through the noise of the day, to bring you the actionable news that matters most to investors.
Persons: Melissa Lee
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Tuesday's full episode of Mad Money with Jim Cramer — November 19, 2024"Mad Money" host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.
Persons: Jim Cramer —, Jim Cramer
Following the trade, Jim Cramer's Charitable Trust will own 150 shares of CRWD, increasing its weighting to roughly 1.5% from 1%. 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. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer's, CrowdStrike, Jim Cramer, Jim Organizations: CRWD, CNBC Locations: CrowdStrike, Ukraine, Russia
Nov 16, 2024; New York, NY, USA; President-elect Donald Trump talks with Elon Musk (right) during UFC 309 at Madison Square Garden. MandatoryPresident-elect Donald Trump will attend Tuesday's launch of the SpaceX rocket Starship with company CEO Elon Musk. Trump has tapped Musk to co-lead a Department of Government Efficiency — DOGE — with former Republican presidential contender Vivek Ramaswamy. Tuesday's launch at SpaceX's Starbase site in Boca Chica will be the sixth for Starship, the largest rocket ever built. Sen. Ted Cruz, R-Texas, also plans to attend Tuesday's launch, NBC News has learned.
Persons: Donald Trump, Elon Musk, Musk, Trump, , Vivek Ramaswamy, Sen, Ted Cruz, Cruz Organizations: Elon, UFC, Madison, SpaceX, Republican, Department of Government, Trump, NBC, Starship, NBC News, Senate, Committee Locations: New York, NY, USA, Lago, Florida, Boca Chica, Texas
Morgan Stanley reiterates Apple, Microsoft and Meta as overweight The firm says "mega-cap tech under-ownership narrows" in the third-quarter but that it's sticking with all three stocks. " UBS upgrades Comfort Systems to buy from neutral UBS says the HVAC company is a beneficiary in tech and data center cooling. UBS upgrades American Water Works to buy from neutral UBS says it sees "consistent" total returns for the water company. " Jefferies reiterates Netflix as buy The firm raised its price target on the stock to $1,000 per share from $800. TD Cowen names Datadog a best idea The firm says the stock is a top idea in 2025.
Persons: Stifel, it's, Morgan Stanley, Okta, , Jefferies, Uber, Needham, Joby, Piper Sandler downgrades Kraft Heinz, Piper, Kraft Heinz, Piper Sandler, Paul, Tyson, NFLX, TD Cowen, United, Datadog, Scott Thomson, it's bullish Organizations: Nvidia, Apple, Microsoft, Barclays, UBS, Comfort Systems, Works, Edison Electric, Kraft, Apollo, TAM, Netflix, Bank of America, Bank of, Scotiabank, JPMorgan Locations: Bank of Nova Scotia, robotaxis
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer said he is "anticipating volatility" in the stock if the company doesn't deliver a clean print. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, We're, Jim, Coterra, Joe Biden, Donald Trump, We've, TJ, Stocks, Jim Cramer's Organizations: CNBC, Palo Alto Networks, Alto, Coterra Energy, TJX, Marshalls, Trump, Walmart Locations: Ukraine, Russia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Tuesday's full episode of the Halftime Report — November 19, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.
Persons: CNBC's Scott Wapner Organizations: CNBC PRO
Rafael Nadal serves during a French Open match in 2018. Al Bello/Getty Images Nadal, second from right, poses with other members of Team Spain after they won the Davis Cup in December 2004. Alessia Pierdomenico/Pool/Getty Images Nadal, center, listens to the Spanish national anthem after winning gold at the Beijing Olympics in August 2008. Julian Finney/Getty Images Nadal reacts after winning a Davis Cup match in December 2009. It was the final match of Federer’s career Julian Finney/Getty Images for Laver Cup Federer and Nadal tear up after their Laver Cup match.
Persons: CNN — Rafael Nadal’s, Nadal, Roger Federer, Botic van de Zandschulp, van de Zandschulp, Czech Jiri Novak, , ” Nadal, Carlos Alcaraz’s, Tallon Griekspoor, Wesley Koolhof, Alcaraz, Marcel Granollers, Rafael Nadal, Christophe Simon, Toni, Frank Coppi, Manuel Blondeau, Friedemann Vogel, Al Bello, Juan Carlos Ferrero, Tommy Robredo, Jordi Arrese, Carlos Moya, Clive Brunskill, Nick Laham, Mariano Puerta, Christophe Ena, AP, Dani Cardona, Philippe Chatrier, Federer, Anja Niedringhaus, Simon Bruty, Alessia, Chile’s Fernando Gonzalez, Serbia’s Novak Djokovic, Behrouz Mehri, Andrew Brownbill, AP Nadal, Juan Martin del Potro, Djokovic, Andy Murray, Fernando Verdasco, Nikolay Davydenko, Robin Soderling, Julian Finney, David Ramos, Iker Casillas, Alex Livesey, David Saffran, Ho, David Ferrer, Charles Platiau, Reuters Nadal, Suzanne Plunkett, Jaime Reina, Hannah Peters, Franck Fife, Stan Wawrinka, Daniel Leal, Aly Song, Philippe Lopez, Adrian Dennis, Daniil Medvedev, Eduardo Munoz Alvarez, Maria Francisca Perello, Fundacion Rafa Nadal, Fred Lee, Alexander Zverev, Thomas Samson, Casper Ruud, Spain’s King Felipe, Jesus Hellin, Laver Cup Federer, Ella Ling, Shutterstock Nadal, , ” Thibault Camus, Carl Lewis, Nadia Comăneci, Serena Williams, Alex Pantling, Spain's Carlos Alcaraz, Patricia de Melo Moreira, Manu Fernandez, “ Rafa, Carlos Alcaraz, Tuesday's, Van de Zandschulp, ” van de Zandschulp Organizations: CNN, Davis, Getty, Hamburg Masters, Miami Seaquarium, Team Spain, AP Nadal, Wimbledon, Federer, Spanish, Beijing, AP, FIFA, Nadal, Qatar, Qatar Tennis Federation, Reuters, Paris Masters, Mallorca ”, AFP, Fundacion, Camino, Spain’s, Europa Press, Laver, Laver Cup, Paris Olympics, Tuesday's Davis, Rafa Locations: Spain, Netherlands, Czech, AFP, Mallorca, France, Germany, Palma , Spain, Monaco, Doha, Qatar, Ho New, Rio de Janeiro, Paris, London, Málaga, Spanish
SpaceX didn't attempt to catch the Super Heavy booster by a pair of "chopsticks" mid-air as planned. SpaceX launched its Starship mega-rocket for the sixth time on Tuesday, but the main event was canceled. In October, SpaceX caught its Super Heavy booster in mid-air. SpaceXElon Musk, SpaceX founder and CEO, has said his plans of building a Mars city rests on Starship. For this test launch, Starship splashed down in the Indian Ocean as expected about an hour and five minutes after launch.
Persons: Elon Musk's, SpaceX Elon, SpaceX SpaceX's, SpaceX's, Donald Trump, Trump, Elon Musk Organizations: SpaceX, Super, Mars, SpaceX Elon Musk, SpaceX SpaceX, Falcon, Star, New York Times, Truth, Great Patriots Locations: Gulf, Mexico, Gulf of Mexico
Planet Fitness lost its bid in bankruptcy court to acquire budget fitness chain Blink Holdings, according to court filings viewed by CNBC. Planet Fitness placed its competing eleventh hour bids early this month during a 48-hour challenge window. Late Tuesday, Delaware's bankruptcy court formally accepted PureGym's $121 million offer, which initially won at auction in late October. J. Kate Stickles, bankruptcy judge in the U.S. Bankruptcy Court of Delaware, said in Tuesday's hearing that PureGym's offer would avoid antitrust risks. PureGym's offer, assuming Blink's liabilities, also comes with 60 of Blink's fitness centers still operating in New York and New Jersey.
Persons: J, Kate Stickles, PureGym, Humphrey Cobbold Organizations: Holdings, CNBC, Bankruptcy Locations: Richmond , California, U.S, Delaware, New York, New Jersey, American
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