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☆ Cramer's Lightning Round: Ford is a 'wait and see situation'
▼ + stars: | 2023-11-21 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon BILL's year-to-date stock performance. Stock Chart Icon Stock chart icon Ford's year-to-date stock performance. Stock Chart Icon Stock chart icon Grab's year-to-date stock performance. Stock Chart Icon Stock chart icon CleanSpark's year-to-date stock performance. Stock Chart Icon Stock chart icon Ready Capital's year-to-date stock performance.

Persons: I'm, what's Organizations: Sports, Academy Sports, Intel

Binance founder and CEO Changpeng Zhao pleads guilty to felony charges Tuesday related to his failure to prevent money laundering on the crypto exchange platform. Former Binance CEO Changpeng Zhao on Tuesday named a new CEO of the cryptocurrency exchange he founded, after pleading guilty to federal money laundering charges and stepping down as the company's chief. Zhao named Richard Teng, a former CEO of Abu Dhabi Global Market, the UAE capital's financial services regulator, as Binance's new CEO. "He will ensure Binance delivers on our next phase of security, transparency, compliance, and growth," Zhao added. Zhao appeared before Judge Brian Tsuchida for a hearing in a Seattle courtroom at 10:00 a.m. Pacific Time (1:00 p.m.

Persons: Changpeng Zhao, Zhao, Richard Teng, Teng, Binance, Sam Bankman, Fried, CNBC they'd, Brian Tsuchida Organizations: Abu, Abu Dhabi Global Market, Monetary Authority of, U.S, Bank, Emergency Economic, DOJ, CNBC, U.S . Department of Justice Locations: Abu Dhabi, UAE, Binance, Monetary Authority of Singapore, Seattle

☆ 2024 should be the year when inflation reaches 2%: iCapital's Anastasia Amoroso
▼ + stars: | 2023-11-20 | 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 Email2024 should be the year when inflation reaches 2%: iCapital's Anastasia AmorosoAnastasia Amoroso, iCapital managing director, joins 'Closing Bell' to discuss the market rally and how long she believes it'll have steam.

Persons: iCapital's Anastasia Amoroso Anastasia Amoroso

Investors like dividend stocks for their yields, but the equities' returns have been pretty dismal so far this year. "That's what is putting pressure on these [dividend] stocks, or maybe just keeping them from lifting." IPDP YTD line Dividend Performers ETF (IPDP) performance year to date When it comes to specific stocks, Gilreath likes two under-the-radar plays: Brady Corporation and ABM Industries . Brady, which manufacturers identification and health-care products, has a 1.7% dividend yield. Diversification in light of recession risk When it comes to dividends, investors should look for quality rather than quantity.

Persons: That's, Bond, Andrew Graham, Dave Sheaff Gilreath, Gilreath, Morningstar . Brady, Capital's Graham, Graham, Dow, Laura Mattia, Morningstar, George Gagliardi, You'd, I'm Organizations: Investment, Jackson, Capital, Federal Reserve, Brady Corporation, ABM Industries, Dow Inc, Dow, LyondellBasell, Shell, Coromandel Wealth Management, U.S Locations: San Francisco, Indianapolis, Sarasota , Florida, Lexington , Massachusetts

☆ Customers paying in cash to avoid the impact of higher rates: RBC Capital's Lori Calvasina
▼ + stars: | 2023-11-17 | 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 EmailCustomers paying in cash to avoid the impact of higher rates: RBC Capital's Lori CalvasinaLori Calvasina, RBC head of U.S. equity, joins 'Squawk on the Street' to discuss the current market environment, what investors will buy first in this market, and how earnings play into Calvasina's market thesis.

Persons: Lori Calvasina Lori Calvasina Organizations: RBC

☆ Saba Capital's 2023 woes continue. Two of its funds are down more than 10% this year.
▼ + stars: | 2023-11-17 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +1 min

The two biggest funds at Boaz Weinstein's Saba Capital are down by more than 10% this year. According to HSBC's weekly report, the flagship fund has lost close to 12%. Weinstein came into 2023 bearish about the economy, which has been resilient despite rising rates. Saba Capital — the $4.8 billion hedge fund manager run by Boaz Weinstein — hasn't had the best year. Two of its funds — the flagship and a more hedged version — are down 11.9% and 10.6%, respectively, through November 10, according to the latest edition of HSBC's Hedge Weekly.

Persons: Boaz Weinstein's, Weinstein, Boaz Weinstein — hasn't, — Organizations: Saba, HSBC's, Financial Times, Federal Reserve, Business Locations: Boaz Weinstein's Saba, Saba Capital, New York

☆ Nvidia will have a good earnings report next week, says EMJ Capital's Eric Jackson
▼ + stars: | 2023-11-16 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia will have a good earnings report next week, says EMJ Capital's Eric JacksonEric Jackson, EMJ Capital founder and president, joins 'Closing Bell' to discuss the tech sector and where the sector goes from here.

Persons: EMJ Capital's Eric Jackson Eric Jackson Organizations: Nvidia, EMJ Capital

☆ Ruzwana Bashir Is Quietly Connecting the Tech World
▼ + stars: | 2023-11-16 | by ( ) www.businessinsider.com time to read: +18 min

Story by Melia RussellPhotography by Lelanie FosterRuzwana Bashir is ransacking her kitchen cabinet for just the right tea. Bashir wears an Erdem floral-printed bra top, Erdem skirt, Giuseppe Zanotti shoes, Old Jewelry earrings along with her own bracelet and ring. "Part of building a business was going out and sharing what you were doing with the world," Bashir says. For years Bashir's startup had been building muscle around these capabilities; now it had an eager audience. Eating at acclaimed restaurants is fine, but Bashir prefers the more-intimate affairs at tech executives' homes because, she says, "you can stay longer."

Persons: Melia Russell, Lelanie Foster Ruzwana Bashir, Peek, She's, she's, Andy Warhol, Picasso, Bashir, I'm, Andreessen Horowitz, Jack Dorsey, Eric Schmidt, Goldman Sachs, Giuseppe Zanotti, Lelanie Foster, Bashir isn't, Elon Musk, Ronan Farrow, Roelof Botha, Mustafa Suleyman, we've, Bennett Miller, Capote, " Miller, —, doesn't, didn't, Madeleine Albright, Tom Ford, Jared Cohen, Oskar Bruening, Forbes, Mark Zuckerberg, I've, Bashir wasn't, Travis Kalanick, Adam Neumann, Ty, Emily Weiss, Bashir refashioned, Donald Trump, Bruening, Laurence Tosi's, Miller, Beyoncé, shrugs, Anna Wintour, Anna, we're, Taylor Swift, Katie Haun, Marc Benioff, Reid Hoffman, Marissa Mayer, Dick Costolo —, Cohen, Katherine Maher, Maher, Daniel Kahneman, It's, Radel, Becky Akinyode, Elaine Winter, Tiffany Bloomfield, Dela, Chad Hilliard, Enmi, Kenny Aquiles Ulloa, Cyrenae, Madison Perez, Aidan Lapp, Bashira Webb, Bryan Erickson, Jinyoung Chang, Rodriguez, Rebecca Zisser, Claire Landsbaum, Emma LeGault, Joi, Marie McKenzie, Conner Blake, Kyle Desiderio, Victoria Gracie, Nicole Forero, Virginia Alves Organizations: Google, Museum of, Business, Elon, Vogue, Roelof, Oxford University, Oxford Union, Blackstone Group, Harvard Business School, Studios, Web, Young, Organization, Dela Revoluciøn, Enmi Yang Digital Tech Locations: Manhattan, SoHo, Bahamas, United States, Balthazar, England, Israel, Petra, Istanbul, Elle, Utah, COVID, Salt Lake City, Costa Rica, Atlanta, WestCap

☆ The effects of the inflation fight should appear within six months, says Mai Capital's Grisanti
▼ + stars: | 2023-11-15 | 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 EmailThe effects of the inflation fight should appear within six months, says Mai Capital's GrisantiChris Grisanti, Mai Capital Management chief equity strategist, joins 'The Exchange' to discuss the economic outlook, where the investment opportunities are in the market, and more.

Persons: Mai Capital's, Chris Grisanti Organizations: Mai Capital Management

☆ Paris 2024 calls for vigilance amid disinformation campaign
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +2 min

The logo of the Paris 2024 Olympics and Paralympics Games is seen on an official toy mascot at the Doudou et Compagnie factory in La Guerche-de-Bretagne near Rennes in Brittany, France, April 12, 2023. "Between now and the Games, Paris 2024 will continue to monitor, in conjunction with the relevant authorities, the veracity of information circulating about the event and its organisation," Paris 2024 said in a statement on Tuesday. Ties between Paris and Baku have been strained in recent months and have worsened since Baku took control of the Nagorno-Karabah region. Paris 2024 said it was not the first time such campaigns had been aimed at the Games. In summer 2022, a video from New York Insider linking the June riots to the organisation of Paris 2024 went viral, it said.

Persons: Stephane Mahe, VIGINUM, Julien Pretot, John Irish, Angus MacSwan Organizations: Paralympics, Compagnie, REUTERS, Games, New, Paris, Thomson Locations: La Guerche, Bretagne, Rennes, Brittany, France, Azerbaijan, Paris, Baku, Karabah, New York

☆ Valuations will normalize as interest rates come down, says Sequoia Capital's Roelof Botha
▼ + stars: | 2023-11-14 | 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 EmailValuations will normalize as interest rates come down, says Sequoia Capital's Roelof BothaRoelof Botha, Sequoia Capital managing partner, joins 'Squawk on the Street' to discuss what the equity market's reaction to the latest CPI data will do to Botha's investing world, current valuation levels, and how those levels have affected Sequoia.

Persons: Roelof Botha Roelof Botha Organizations: Sequoia Capital

☆ Watch CNBC's full interview with Sequoia Capital's Roelof Botha
▼ + stars: | 2023-11-14 | 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 CNBC's full interview with Sequoia Capital's Roelof BothaRoelof Botha, Sequoia Capital managing partner, joins 'Squawk on the Street' to discuss what the equity market's reaction to the latest CPI data will do to Botha's investing world, current valuation levels, and how those levels have affected Sequoia.

Persons: Roelof Botha Roelof Botha Organizations: Sequoia, Sequoia Capital

☆ D1 Capital adds to Big Tech bets in third quarter, reveals new top holding
▼ + stars: | 2023-11-14 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Daniel Sundheim's D1 Capital made significant buys in Big Tech stocks during the third quarter and saw one large private holding enter the public market, according to securities filings . The hedge fund increased its stake in Microsoft by nearly 78% while more than doubling its shares in Meta Platforms during the third quarter. Elsewhere in tech, D1 sold more than a third of its shares in Alphabet but added a new stake worth roughly $115 million in Amazon . The buying of Big Tech stock marks a reversal from D1 Capital's moves earlier this year . D1 Capital has more than $27 billion in assets under management, according to WhaleWisdom.com.

Persons: Daniel Sundheim's, Instacart, Philip Morris, Sundheim, Andreas Halvorsen Organizations: Capital, Big, Microsoft, D1, Big Tech, South, Nu Holdings, PNC, Viking Global Locations: Big Tech, Meta, Instacart

☆ Stock market technicals lining up in favor of investors, says iCapital's Anastasia Amoroso
▼ + stars: | 2023-11-13 | 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 EmailStock market technicals lining up in favor of investors, says iCapital's Anastasia AmorosoJoe Terranova, Anastasia Amoroso, Sarat Sethi, and Steve Weiss join 'Halftime Report' to discuss the upcoming CPI report, the outlook for interest rates, and more.

Persons: iCapital's Anastasia Amoroso Joe Terranova, Anastasia Amoroso, Sarat Sethi, Steve Weiss Organizations: Email

☆ Mexico's ruling party again picks woman to run for mayor of capital
▼ + stars: | 2023-11-11 | by ( David Alire Garcia | ) www.reuters.com time to read: +2 min

[1/2] Aspiring candidate for the position of mayor of Mexico City and Iztapalapa Mayor Clara Brugada, attends an event in the municipality of Iztapalapa, in Mexico City, Mexico September 5, 2023. REUTERS/Raquel Cunha Acquire Licensing RightsMEXICO CITY, Nov 11 (Reuters) - Mexico's ruling party on Saturday picked veteran politician Clara Brugada to be its candidate for Mexico City mayor, placing her in a strong position to win the election next June. "Today we came out strong and united to win the heart of our great capital." As runner-up for the capital, Brugada will run for the job to meet the quota, MORENA party leaders said. His then-environment chief Claudia Sheinbaum, who became mayor in 2018, won the party's presidential nomination in September for the 2024 election.

Persons: Clara Brugada, Raquel Cunha, Brugada, Andres Manuel Lopez Obrador's, Omar Garcia Harfuch, MORENA, Lopez Obrador, Claudia Sheinbaum, David Alire Garcia, Dave Graham, Diane Craft Organizations: Iztapalapa, REUTERS, MEXICO CITY, Saturday, Mexico City, Regeneration, Twitter, Thomson Locations: Mexico City, Iztapalapa, Mexico, MEXICO, Brugada

☆ Mexico's Ruling Party Again Picks Woman to Run for Mayor of Capital
▼ + stars: | 2023-11-11 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +2 min

By David Alire GarciaMEXICO CITY (Reuters) - Mexico's ruling party on Saturday picked veteran politician Clara Brugada to be its candidate for Mexico City mayor, placing her in a strong position to win the election next June. Brugada could become the second woman in a row to be elected as mayor of the Mexican capital if her campaign for President Andres Manuel Lopez Obrador's leftist National Regeneration Movement (MORENA) is successful. "Today we came out strong and united to win the heart of our great capital." As runner-up for the capital, Brugada will run for the job to meet the quota, MORENA party leaders said. His then-environment chief Claudia Sheinbaum, who became mayor in 2018, won the party's presidential nomination in September for the 2024 election.

Persons: David Alire Garcia, Clara Brugada, Brugada, Andres Manuel Lopez Obrador's, Omar Garcia Harfuch, MORENA, Lopez Obrador, Claudia Sheinbaum, Dave Graham, Diane Craft Organizations: David Alire Garcia MEXICO CITY, Saturday, Mexico City, Regeneration, Twitter Locations: Iztapalapa, Mexico, Brugada

☆ Erdogan criticises top Turkey court, stoking 'judicial crisis'
▼ + stars: | 2023-11-10 | by ( Ece Toksabay | ) www.reuters.com time to read: +4 min

Murat... Acquire Licensing Rights Read moreANKARA, Nov 10 (Reuters) - Turkish President Tayyip Erdogan waded into a brewing judicial crisis on Friday, criticising the Constitutional Court for "many mistakes" and backing an unprecedented challenge to it by an appeals court, as opponents marched in Ankara. In a twist - which critics said highlighted the diminished state of Turkey's legal system - the top appeals court said the Constituional Court's ruling was unconstitutional. "The Constitutional Court cannot and should not underestimate the step taken by the Court of Cassation on this matter," he said. They were headed to the appeals court and video showed they were briefly delayed by police. "The Court of Cassation's backlash (...) is an open and combative attack against the Constitutional Court," said Bertil Oder, professor of constitutional law at Koc University.

Persons: Tayyip Erdogan, Ozgur Ozel, Mustafa Kemal Ataturk, Murat, Tayyip Erdogan waded, Erdogan, Osman, Bertil Oder, intimidates, Ezgi Erkoyun, Jonathan Spicer, Emelia Sithole Organizations: Republican People's Party, Cassation, Constitutional, AK Party, Union, Koc University, Thomson Locations: Ankara, Turkey, ANKARA, Uzbekistan

☆ Ron Baron expects SpaceX's Starlink to go public around 2027
▼ + stars: | 2023-11-10 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

Billionaire investor Ron Baron told CNBC on Friday that he expects SpaceX to IPO its Starlink satellite internet service "in 2027 or so." "We think that by the time they go public with SpaceX, with Starlink … in 2027 or so, four years, the company will be worth $250 billion to $300 billion," Baron said, speaking to CNBC's Andrew Ross Sorkin. Earlier this month, Baron told MarketWatch his eponymous firm's ownership of SpaceX stock was currently valued at about $1.7 billion. Last year, Musk told employees that taking the business public wasn't likely until 2025 or later. SpaceX's valuation has soared to about $150 billion, with Starlink seen as a key economic driver of the company's goals.

Persons: Ron Baron, Starlink …, Baron, CNBC's Andrew Ross Sorkin, SpaceX didn't, Musk, Starlink Organizations: CNBC, SpaceX Locations: Elon

☆ Apple co-founder Wozniak suffers possible stroke in Mexico -local media
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

Steve Wozniak, co-founder of Apple, talks to people during a launch event in Cupertino, California, U.S., September 12, 2017. REUTERS/Stephen Lam/File Photo Acquire Licensing RightsMEXICO CITY, Nov 8 (Reuters) - Apple co-founder Steve Wozniak was hospitalized in Mexico City on Wednesday due to a possible stroke, Mexican media outlets reported, but a TMZ report citing sources suggested the illness was potentially a less serious bout of vertigo. Event organizers did not immediately respond to a request for comment. U.S. media outlet TMZ, citing sources with direct knowledge, reported that Wozniak finished his speech but then told his wife he was "feeling strange". Individuals affiliated with Wozniak's website woz.org did not immediately respond to a request for comment.

Persons: Steve Wozniak, Stephen Lam, Wozniak, Steve Jobs, woz.org, Anthony Esposito, Valentine Hilaire, Daniel Trotta, David Alire Garcia, Shri Navaratnam Organizations: Apple, REUTERS, MEXICO CITY, Reuters, TMZ, Apple Computer, Thomson Locations: Cupertino , California, U.S, MEXICO, Mexico City, Mexican, Santa Fe, California

☆ Disney's stock has more upside, but it won't get there quickly, says Freedom Capital's Jay Woods
▼ + stars: | 2023-11-09 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney's stock has more upside, but it won't get there quickly, says Freedom Capital's Jay WoodsJay Woods, Freedom Capital Markets chief global strategist, joins 'Power Lunch' to discuss whether there's more upside ahead for Disney's stock, a potential pullback in Microsoft, and more.

Persons: Jay Woods Jay Woods Organizations: Freedom Capital Markets, Microsoft

☆ RBC Capital's Helima Croft talks crude oil markets tumbling to three-month low
▼ + stars: | 2023-11-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRBC Capital's Helima Croft talks crude oil markets tumbling to three-month lowHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Helima Croft, Brian Sullivan, “ Organizations: RBC, CNBC

☆ Take a look inside the new Raffles hotel in London
▼ + stars: | 2023-11-08 | by ( Karen Gilchrist | Marylou Costa | ) www.cnbc.com time to read: +8 min

Fiona Harris Communications director, Raffles London"It's the magic combination: the building, the location and the name, Raffles," Fiona Harris, Raffles London's communications director, told CNBC Travel. All in, the hotel houses 120 suites and rooms, including five heritage suites in the former offices of political and military leaders, and eight corner suites named after notable women and female spies. Raffles London is home to 120 rooms and suites, including eight corner suites named after notable women and female spies. Saison, run by Argentine Michelin star chef Mauro Colagreco, is one of nine restaurants and three bars at Raffles London. London's new luxury waveA stay at Raffles London is not without a significant price tag.

Persons: Winston Churchill's, Fiona Harris, Sir Stamford, Henry VIII, Ian Fleming's James Bond, Churchill, David Lloyd George, Lord Kitchener, Harris, Winston Churchill, Thierry Despont, Raffles, Argentina's Mauro Colagreco, sipping, Mauro Colagreco, James Bond, Ian Fleming, It's, Christine Granville, Gopichand Hinduja —, —, Hinduja Organizations: Raffles, Downing, Fiona Harris Communications, CNBC Travel, Sir Stamford Raffles, Hinduja, Ministry of Defense, British Army, Architects, British Secret Service, CNBC, Suite, Liberty, Michelin, Raffles London, Guards, London Sling, Argentine Michelin, Ministry, Hyde Park, Royal British Legion, British Armed Forces Locations: Whitehall, London, Raffles London, British, Singapore, India, Argentine, U.S, China, Granville, Hyde, Rosewood, Claridge's, The Emory

☆ Apple co-founder hospitalized in Mexico due to possible stroke, local media reports
▼ + stars: | 2023-11-08 | by ( ) www.cnbc.com time to read: 1 min

Steve Wozniak, co-founder of the technology company Apple, speaks on stage at Deutsche Telekom's Digital X conference. Apple co-founder Steve Wozniak was hospitalized in Mexico City on Wednesday due to a possible stroke, Mexican media outlets reported. The 73-year-old scientist and tech entrepreneur was scheduled to participate in a World Business Forum event in the Mexican capital's Santa Fe neighborhood. Wozniak had been set to speak at the conference at 4:20 p.m. local time. Reuters could not immediately confirm the reports that Wozniak had been hospitalized.

Persons: Steve Wozniak, Wozniak Organizations: Apple, Deutsche Telekom's Digital, Reuters Locations: Mexico City, Mexican, Santa Fe

☆ Greenlight's David Einhorn — up 27% this year — is on a 'buyers' strike' and worries about geopolitics
▼ + stars: | 2023-11-08 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Einhorn's hedge fund returned 12.9% in the third quarter, bringing its 2023 gains to 27.7%. "The complacent investor view that geopolitics should be ignored might be true, except for the times when it isn't. "Higher oil prices would squeeze the consumer and likely cause a recession. His stellar track record made him one of the most followed hedge fund managers on Wall Street. Einhorn said his biggest winners in the third quarter were Consol Energy , Capri Holdings and Black Knight.

Persons: Greenlight Capital's David Einhorn, Einhorn, Russia's, he's, Black Knight Organizations: CNBC, Federal Reserve, West, Cornell grad, Greenlight Capital, Wall, Consol Energy, Capri Holdings, Black Locations: Ukraine, U.S, West Texas

☆ Here's what Britain's venture capital limited partners are backing: men
▼ + stars: | 2023-11-07 | by ( Tasmin Lockwood | Riddhi Kanetkar | ) www.businessinsider.com time to read: +3 min

The institutional investors plying Britain's venture capital sector with cash have a penchant for backing funds owned entirely by men. All-male-owned firms raised 10 times more capital than funds owned by their female counterparts between 2017 and 2023, according to a report by impact fund Ada Ventures. A similar disparity was found among mixed-gender funds, which raised almost five times less than the male-owned funds. Those firms raised around 6.6 billion pounds during that period. Venture capital's diversity issues are well documented but there has been a slew of women leaving the industry this year.

Persons: VCs, Ekaterina Alamasque, Warner, Alamasque Organizations: Ada Ventures, Diversity, Google, Venture, Partners, Women

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