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☆ Don't hold your breath waiting for a Tesla robotaxi
▼ + stars: | 2024-10-11 | by ( Shubhangi Goel | Tom Carter | ) www.businessinsider.com time to read: +5 min

Tesla's robotaxi will almost certainly face safety and regulatory questions before it comes to market. Waymo and Cruise have also encountered regulatory challenges with their autonomous vehicles. It has a permit to test autonomous vehicles with a driver on public roads in the state. "It's a problem of their own making," Phil Koopman, a professor at Carnegie Mellon University and an expert in autonomous vehicle safety, told Business Insider. A Waymo autonomous self-driving electric vehicle.

Persons: Tesla's, Cruise, —, Tesla, Elon Musk, You'll, Sjoerd van, Waymo, Phil Koopman, Koopman, PATRICK T, FALLON, Uber, Kyle Vogt Organizations: Service, Warner Bros, Wal, Getty, California Department of Motor Vehicles, Carnegie Mellon University, NHTSA, Cruise Locations: Burbank , California, California

☆ Ride-sharing giants Uber, Lyft jump after Tesla's 'toothless taxi' fails to excite investors
▼ + stars: | 2024-10-11 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

Klaudia Radecka | Nurphoto | Getty ImagesTesla 's hyped robotaxi unveiling posed a threat to Uber 's ride-sharing aspirations, but it has turned into a boon for the stock instead. That is a massive turnaround for Uber's stock, which is now up nearly 22% over the past month and about 38% for the year. "We believe this helps minimize the ongoing overhang on UBER's stock from TSLA's aspirations in the robotaxi space." Although Tesla appears committed to developing its robotaxi fleet without partnering with existing ride-sharing platforms, Colantuoni expects it could ultimately have to look into this option. Tesla "potentially underappreciates the obstacles to scaling a robotaxi fleet" and could struggle to scale its fleet operations without offering access to demand through Uber and Lyft, he said.

Persons: Klaudia, Tesla, Uber, Jefferies, John Colantuoni, TSLA, Colantuoni, Scott Brauer Organizations: Nurphoto, Lyft, Nasdaq, Jefferies, Tesla, Bloomberg, Getty Locations: Krakow, Poland, Seattle , Washington

☆ AMD launches AI chip to rival Nvidia's Blackwell
▼ + stars: | 2024-10-10 | by ( Kif Leswing | ) www.nbcnews.com time to read: +5 min

AMD launched a new artificial-intelligence chip on Thursday that is taking direct aim at Nvidia’s data center graphics processors, known as GPUs. In the past few years, Nvidia has dominated the majority of the data center GPU market, but AMD is historically in second place. The new AI chip is the successor to the MI300X, which started shipping late last year. Most industry estimates say Nvidia has over 90% of the market for data center AI chips. The new CPUs are particularly good for feeding data into AI workloads, AMD said.

Persons: Lisa Su, Nvidia’s, ”, Su, That’s, ” Su Organizations: AMD, Nvidia, Meta, Microsoft, Blackwell, Intel, workloads

☆ My homeowner nightmare
▼ + stars: | 2024-10-10 | by ( Vishal Persaud | ) www.businessinsider.com time to read: +11 min

The moment I saw I had an email from my solar company, I knew my nightmare was about to take another unsettling turn. But he didn't know any more than I did about how much longer my solar panels would remain useless. Meanwhile, my solar panels have been sitting on my roof for four months, entirely unused, taunting me from above. AdvertisementI also reached out to California's Contractors State License Board, which regulates solar companies, asking what recourse SunPower's customers had. But it seems ludicrous to buy a solar system that I had no intention of buying in the first place.

Persons: I'd, SunPower, it's, —, Severin Borenstein, Ernst & Young, Gordon Johnson, Johnson, Forbes, David F, Larcker, Brian Tayan, Pavel Molchanov, Raymond James, There's, haven't, I'm, Vishal Persaud Organizations: Pacific Gas and, Berkeley's Haas School of Business, Nasdaq, GLJ Research, Stock, Industry, Sun Solar, California's Contractors, Board, Business Locations: Fresno , California, New York City, California, America, Fresno, —

☆ Elon Musk is about to reveal Tesla's Robotaxi. Uber and Lyft should be nervous.
▼ + stars: | 2024-10-10 | by ( Ana Altchek | ) www.businessinsider.com time to read: +6 min

Tesla is expected to unveil a new service at its Robotaxi event that will impact Uber and Lyft. The ride-hailing industry has so far been dominated by two major players — Uber and Lyft — and Gawrelski said Tesla's Robotaxi could mark a new challenger jockeying for market share. Uber, Lyft, and Tesla did not immediately respond to a request for comment. Ives said Tesla's Robotaxi event will be a historical day for the auto industry — and it will pressure Uber to seek out more partnerships. In September, Waymo announced that its Waymo One ride-hailing service would be available to users in Austin and Atlanta exclusively through the Uber app.

Persons: Tesla, Uber, —, Elon Musk's, Musk, There's, Wells, Ken Gawrelski, Gawrelski, there's, Morgan Stanley, — Uber, Lyft, Tesla's, jockeying, he's, Wolfe, Shweta Khajuria, Robotaxis, Khajuria, Waymo, Dan Ives, Ives, FSD, Cruise, Dara Khosrowshahi, Khosrowshahi Organizations: Service, Hollywood, Elon, Wolfe Research, EV, Los Angeles, Starbucks Locations: Austin, Atlanta, San Francisco, Phoenix, Los

☆ Oil oversupply could send prices tumbling in 2025, energy analyst says
▼ + stars: | 2024-10-10 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Oil could see a decline to a "much, much" lower price, according to crude analyst Tom Kloza. Oversupply will weigh on oil prices in 2025, Kloza predicted. AdvertisementThe oil market is headed into a troubled year in 2025, and crude prices may fall "much, much" lower, according to Tom Kloza, global head of energy analysis at Oil Price Information Service. The oil analyst said crude prices would experience more downward pressure in 2025 despite concerns that conflict in the Middle East could escalate and send prices higher. "It was pointing lower, and I think it's still pointing lower.

Persons: Tom Kloza, Kloza, —, Goldman Sachs, Brent Organizations: Service, Oil Price Information Service, Traders, CNBC, Energy Information Administration, Giants, Jets Locations: Saudi Arabia, Iraq

☆ NFL Week 6 preview: Five things to watch out for
▼ + stars: | 2024-10-10 | by ( Andy Scholes | Ben Morse | ) edition.cnn.com time to read: +20 min

Brad Penner/USA Today Sports/Reuters Damar Hamlin of the Buffalo Bills celebrates an interception during the second quarter against the Jacksonville Jaguars in Orchard Park, New York, on Monday, September 23. Bryan M. Bennett/Getty Images Minnesota Vikings quarterback Sam Darnold throws the ball to tight end Johnny Mundt in Minneapolis on Sunday, September 22. Caroline Brehman/EPA-EFE/Shutterstock Dallas Cowboys quarterback Dak Prescott celebrates after a touchdown during the Cowboys' 33-17 victory over the Cleveland Browns in Cleveland on September 8. Ken Blaze/USA Today Sports/Reuters Washington Commanders running back Brian Robinson Jr. breaks a tackle from Tampa Bay Buccaneers linebacker K.J. David Banks/USA Today Sports/Reuters Rhamondre Stevenson of the New England Patriots runs the ball against Cincinnati Bengals defenders in Cincinnati on September 8.

Persons: Camryn Bynum, Steve Luciano, Keon Coleman, Eric Gay, Trevor Lawrence, David Rosenblum, Daniel Whelan, Gregory Bull, Trey Sermon, Nathan Ray Seebeck, Ka'imi Fairbairn, Deommodore Lenoir, Ezra Shaw, Riley Moss, Cooper Neill, Aaron Rodgers, Rodgers, Zac Goodwin, Jayden Daniels, Christian Petersen, Tremon Smith, Greg Zuerlein, Seth Wenig, Ja'Tavion Sanders, Germaine Pratt, Grant Halverson, Eric Murray, George Kittle, Jed Jacobsohn, Darius Slayton, Eric Kendricks, Brad Penner, Reuters Damar Hamlin, Bryan M, Bennett, Sam Darnold, Johnny Mundt, Stephen Maturen, Calvin Austin III, Brandon Sloter, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Allen Lazard, Alex Austin, Darnell Mooney, Matt Slocum, Patrick Mahomes, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tua Tagovailoa, Tagovailoa, Jasen, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Jaylen Waddle, Hill, Stephanie V, Daniels, Al Diaz, Justin Fields, Danny Karnik, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Ed Zurga, Patrick Mahomes scrambles, Charlie Riedel, It’s, Tom Brady, Kyle Shanahan, ” Shanahan, “, it’s, Baltimore’s, Dan Quinn, Nick Wass, Joe Burrow, Lamar Jackson, Jackson, John Harbaugh, They’ve, Cam Newton, Brian Hoyer, Mac Jones, Bailey Zappe, Jacoby Brissett, Drake Maye, Caleb Williams, Bo Nix, Al Bello, Jerod Mayo, ” Mayo, Dallas, Jared Goff, isn’t, we’ll, ” Goff, Joe Sargent, Micah Parsons, Dan Campbell, Parsons, ” Campbell, he’s, Robert Saleh, Woody Johnson, Saleh, ” Johnson, Jeff Ulbrich, that’s, Aaron Rogers Organizations: CNN, Jets, Vikings, Cowboys, Steelers, Bears, Jaguars, Tottenham Hotspur, Minnesota Vikings, New York Jets, AP Buffalo Bills, Bills, Houston Texans, AP Jacksonville Jaguars, Indianapolis Colts, Green Bay Packers, Los Angeles Rams, Packers, AP Indianapolis Colts, Jacksonville Jaguars, USA, Sports, Reuters Houston Texans, Buffalo Bills, AP San Francisco 49ers, Deommodore, Arizona Cardinals, Cardinals, 49ers, Getty Images Denver Broncos, Broncos, Las Vegas Raiders, AP Carolina Panthers, Cincinnati Bengals, Bengals, Panthers, Getty Images Houston Texans, Jacksonville, Texans, New England Patriots, AP New York Giants, Dallas Cowboys, Giants, Reuters, Getty Images Minnesota Vikings, Getty Images Pittsburgh Steelers, Los Angeles Chargers, Tennessee Titans, AP Minnesota Vikings, AP Dallas Cowboys, Baltimore Ravens, The Jets, Reuters Atlanta Falcons, Philadelphia Eagles, AP Kansas City Chiefs, Chiefs, Super Bowl, Reuters San Francisco 49ers, AP New Orleans Saints, Reuters Miami Dolphins, Reuters New York Jets, San Francisco 49ers, AP Los Angeles Chargers, Shutterstock Dallas Cowboys, Cleveland Browns, NFL, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Atlanta Falcons, Falcons, AP Tennessee Titans, Chicago Bears, Titans, Patriots, New York Giants, São Paulo, The Eagles, Getty, Neo, Kansas City Chiefs, AP Baltimore Ravens, Arrowhead, Sunday, Eagles, Rams, Seahawks, San, Niners, NFC West, Seattle, Ravens, T Bank, NFC East, Baltimore’s, Cincinnati, Maye, Brissett, Lions, Dallas, The Cowboys, T, Detroit, Football Locations: London, Houston, Jacksonville , Florida, Inglewood , California, Santa Clara , California, Denver, Glendale , Arizona, East Rutherford , New Jersey, Charlotte , North Carolina, Orchard Park , New York, Minneapolis, Pittsburgh, Nashville, Arlington , Texas, Philadelphia, Kansas City , Missouri, Miami Gardens , Florida, Cleveland, Tampa , Florida, Miami, Atlanta, Chicago, Cincinnati, São, South America, San Francisco, “, Detroit, New York

☆ CNBC Daily Open: A dovish Fed is driving markets. Keep an eye out for roadblocks
▼ + stars: | 2024-10-10 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

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. Close to record close for NvidiaNvidia shares have rallied 25% in the last month and are currently trading at $132.11. Former Tata Sons chairman passes awayRatan Tata, the former chairman of the Indian conglomerate Tata Sons, passed away on Wednesday, aged 86. As chairman, Tata was instrumental in spearheading over 60 global acquisitions, helping to grow the group's revenue past $100 billion during his tenure.

Persons: Ian Read, Frank D'Amelio, D'Amelio, Ratan Tata, Tata Organizations: CNBC, Dow Jones, Technology, Nasdaq, Nvidia Nvidia, Nvidia, Microsoft, Mizuho, Pfizer, Guggenheim Securities, Former Tata, Tata Sons, IA Locations: Asia, Pacific, Hong Kong, OpenAI

☆ US government considers a breakup of Google
▼ + stars: | 2024-10-09 | by ( Clare Duffy | Brian Fung | ) edition.cnn.com time to read: +3 min

The US Department of Justice in a court filing Tuesday night said it may recommend dismantling Google’s core businesses, separating Google’s search business from Android, Chrome and the Google Play app store. “That would prevent Google from using products such as Chrome, Play, and Android to advantage Google search and Google search-related products and features — including emerging search access points and features, such as artificial intelligence — over rivals or new entrants,” the government said in its court filing. The case had been described as the biggest tech antitrust case since the US government’s antitrust showdown with Microsoft at the turn of the millennium. Whatever ultimately happens to Google could set the stage for potential remedies in other, ongoing antitrust cases against tech giants. Google faces a separate case brought by DOJ attorneys, along with 17 states, who allege that its advertising business is anticompetitive.

Persons: ”, Amit Mehta, ” Kent Walker Organizations: CNN, Baby, Google, US Department of Justice, Android, Apple, Microsoft, DOJ, Meta, Ticketmaster

☆ Anthropic's power players: Here are the 11 leaders helping shape the future of the Amazon-backed AI company
▼ + stars: | 2024-10-09 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +10 min

It's sought to position itself as the safer, more responsible AI company. She, along with her brother Dario, was part of the team that left OpenAI with the goal of creating a more responsible AI company. Krishna Rao, Chief Financial OfficerAs any emerging AI company can attest, conducting groundbreaking research isn't enough. In this role, he's building deep relationships with users and helping to turn Anthropic's research into a mass-market product. These capabilities are essential to Anthropic's positioning of itself as the safer AI company.

Persons: Anthropic, It's, —, OpenAI's, Dario Amodei, Amodei, Dario, Daniela Amodei, She's, Jack Clark ,, Clark, Jared Kaplan, Kaplan, Chris Olah, Sam McCandlish, McCandlish, Tom Brown, Brown, Krishna Rao, Rao, Mike Krieger, São Paulo, Krieger, Claude, Brian Israel, it's, Brian, Sam Bowman, Bowman, Jan Leike Organizations: Service, OpenAI's ChatGPT, Google, Princeton University, Hertz, Stanford University School of Medicine, sager, Bloomberg, Harvard, Johns Hopkins University, Research, Organization, Core Resources, Stanford University, Brandeis University, Core, Blackstone, Bain & Company, Anthropic, State Department, NASA Locations: OpenAI, Anthropic, Airbnb, São, Menlo Park, San Francisco, New York, Israel

☆ CVS, UnitedHealth say FTC should take Lina Khan and two commissioners off drug middlemen case
▼ + stars: | 2024-10-09 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

CVS Health and UnitedHealth Group are demanding Federal Trade Commission Chairwoman Lina Khan and two other commissioners recuse themselves from a lawsuit accusing the companies and other drug middlemen of boosting their profits while inflating insulin costs for Americans. In separate motions filed Tuesday night with the FTC, CVS and UnitedHealth argued that all three commissioners have an extensive track record of making public statements that indicate "serious bias" against the companies' so-called pharmacy benefit managers. CVS said those statements demonstrate that the commissioners have "prejudged this matter," so their participation in the case "violates due process." The FTC filed the suit last month against the three largest PBMs, CVS Health's Caremark, UnitedHealth Group 's Optum Rx and Cigna 's Express Scripts. The FTC has been investigating PBMs and their role in insulin prices since 2022.

Persons: Lina Khan, UnitedHealth, Khan, Alvaro Bedoya, Rebecca Kelly Slaughter, PBMs Organizations: Financial Services, General Government, Federal Trade Commission, CVS Health, UnitedHealth, Federal Trade, CVS, Amazon, FTC, Zinc Health Services, GPO, Emisar Pharma, OptumRx Locations: Rayburn, U.S, Caremark

☆ There may be a trade opportunity in this e-commerce stock. How to play it with options
▼ + stars: | 2024-10-09 | by ( Tony Zhang | ) www.cnbc.com time to read: +3 min

With a surprisingly strong labor market, consumer spending has remained resilient and e-commerce stocks like Shopify (SHOP) present attractive opportunities. This price action indicates strength and suggests that the stock has found a strong base from which it can continue higher. With the stock now trading above its breakout level and positive momentum continuing to build, the chart supports further upside. The trade: To express a bullish outlook on Shopify, I'm suggesting selling the Nov 22, $82/74 Put Vertical @ $3.10 Credit. This structure entails: Selling the Nov 22 $82 Put @ $5.85 Buying the Nov 22 $74 Put @ $2.75 View this link in OptionsPlay with updated pricing.

Persons: Shopify, Shopify's Organizations: Forward, CNBC, NBC UNIVERSAL

☆ NFL Week 5 takeaways: Are the Ravens Super Bowl favorites? Time to bench Deshaun Watson? Trouble in New York?
▼ + stars: | 2024-10-09 | by ( Ben Morse | ) edition.cnn.com time to read: +20 min

Minnesota Vikings safety Camryn Bynum celebrates after a play during a game against the New York Jets in London on Sunday, October 6. The Broncos beat the Las Vegas Raiders 34-18. Cooper Neill/Getty Images New York Jets quarterback Aaron Rodgers walks off the field after his team's loss to the Minnesota Vikings in London on October 6. Christian Petersen/Getty Images Denver Broncos cornerback Tremon Smith celebrates as a field goal attempt by New York Jets kicker Greg Zuerlein misses in the fourth quarter in East Rutherford, New Jersey, on September 29. Bryan M. Bennett/Getty Images Minnesota Vikings quarterback Sam Darnold throws the ball to tight end Johnny Mundt in Minneapolis on Sunday, September 22. The arrival of Aaron Rodgers to the New York Jets in 2023 was meant to be a game-changer for the hapless franchise.

Persons: Camryn Bynum, Steve Luciano, Keon Coleman, Eric Gay, Trevor Lawrence, David Rosenblum, Daniel Whelan, Gregory Bull, Trey Sermon, Nathan Ray Seebeck, Ka'imi Fairbairn, Deommodore Lenoir, Ezra Shaw, Riley Moss, Cooper Neill, Aaron Rodgers, Rodgers, Zac Goodwin, Jayden Daniels, Christian Petersen, Tremon Smith, Greg Zuerlein, Seth Wenig, Ja'Tavion Sanders, Germaine Pratt, Grant Halverson, Eric Murray, George Kittle, Jed Jacobsohn, Darius Slayton, Eric Kendricks, Brad Penner, Reuters Damar Hamlin, Bryan M, Bennett, Sam Darnold, Johnny Mundt, Stephen Maturen, Calvin Austin III, Brandon Sloter, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Allen Lazard, Alex Austin, Darnell Mooney, Matt Slocum, Patrick Mahomes, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tua Tagovailoa, Tagovailoa, Jasen, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Jaylen Waddle, Hill, Stephanie V, Daniels, Al Diaz, Justin Fields, Danny Karnik, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Ed Zurga, Patrick Mahomes scrambles, Charlie Riedel, Justin Tucker, Lamar Jackson –, –, Jackson, Sam Hubbard, Jackson’s elusiveness, Derrick Henry, Henry, Dylan Buell, John Harbaugh, “, ” Harbaugh, ’ We’re, Deshaun Watson, Bowler, Watson, Timothy Nwachukwu, Kevin Stefanski, ” Stefanski, Jameis Winston, ” Watson, Robert Saleh, Nathaniel Hackett, Saleh, Jeff Ulbrich, ”, Woody Johnson, Kirby Lee Organizations: CNN, NFL, Kansas City Chiefs, New, New Orleans Saints, Minnesota Vikings, New York Jets, Jacksonville Jaguars, Indianapolis Colts, National Football League . Minnesota Vikings, Vikings, AP Buffalo Bills, Bills, Houston Texans, AP Jacksonville Jaguars, Jaguars, Green Bay Packers, Los Angeles Rams, Packers, AP Indianapolis Colts, USA, Sports, Reuters Houston Texans, Buffalo Bills, AP San Francisco 49ers, Deommodore, Arizona Cardinals, Cardinals, 49ers, Getty Images Denver Broncos, Broncos, Las Vegas Raiders, AP Carolina Panthers, Cincinnati Bengals, Bengals, Panthers, Getty Images Houston Texans, Jacksonville, Texans, New England Patriots, AP New York Giants, Dallas Cowboys, Giants, Cowboys, Reuters, Getty Images Minnesota Vikings, Getty Images Pittsburgh Steelers, Steelers, Los Angeles Chargers, Tennessee Titans, AP Minnesota Vikings, AP Dallas Cowboys, Baltimore Ravens, The Jets, Reuters Atlanta Falcons, Philadelphia Eagles, AP Kansas City Chiefs, Chiefs, Super Bowl, Reuters San Francisco 49ers, AP New Orleans Saints, Reuters Miami Dolphins, Reuters New York Jets, San Francisco 49ers, AP Los Angeles Chargers, Shutterstock Dallas Cowboys, Cleveland Browns, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Atlanta Falcons, Falcons, AP Tennessee Titans, Chicago Bears, Titans, Bears, Patriots, New York Giants, São Paulo, The Eagles, Getty, Neo, AP Baltimore Ravens, Arrowhead, Ravens, Baltimore, Cincinnati, ”, Browns, Jets, Tottenham Hotspur, Minnesota, New York’s, Denver Broncos, Sunday New York Jets, Carolina Panthers, Miami Dolphins, Washington, Seattle Seahawks, Pittsburgh Steelers Locations: New Orleans, London, Houston, Jacksonville , Florida, Inglewood , California, Santa Clara , California, Denver, Glendale , Arizona, East Rutherford , New Jersey, Charlotte , North Carolina, Orchard Park , New York, Minneapolis, Pittsburgh, Nashville, Arlington , Texas, Philadelphia, Kansas City , Missouri, Miami Gardens , Florida, Cleveland, Tampa , Florida, Miami, Atlanta, Chicago, Cincinnati, São, South America, Ohio, Baltimore, New York

☆ Oil falls and Palo Alto pops — plus, the 2 stocks on our buy list Tuesday
▼ + stars: | 2024-10-08 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The Club stock is up nearly 5% after Goldman Sachs put a new Street high price target of $425 a share on the cybersecurity provider. 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've, downgrades, Goldman Sachs, we're, We're, Helen of Troy, Jerome Powell, Jim Cramer's, Jim Organizations: CNBC, ., Stocks, Microsoft, Palo Alto Networks, The, Procter & Gamble, Honeywell International, Constellation Brands, Honeywell, Corona, Revlon, Hydro, Federal, Jim Cramer's Charitable Locations: China, Palo Alto

☆ Zara's website is a confounding headache — but it's also the secret to its success
▼ + stars: | 2024-10-08 | by ( Maria Noyen | Nora Redmond | ) www.businessinsider.com time to read: +5 min

Zara's website is often ridiculed for being confusing. This helps Zara target aspirational shoppers who can't afford to splurge on high fashion. Luxury giants such as LVMH and Kering have seen sales slow in recent months, in part because aspirational shoppers are being squeezed. Zara stores have a minimalist look. It's reminiscent of the experience of browsing luxury brands online, she says, where customers looking to add a ready-to-wear item to their basket often have to find a boutique where the product is available first.

Persons: —, Zara, Kering, it's, Rober, Tariro Makoni, Makoni, Burberry, Gucci, Carlotto, Omer Messinger, Yves Saint Laurent's, Stefano Pilati, Cindy Crawford, Kaia Gerber, Mike Marsland, Sokolova, Zara ., Crawford, Kaia —, Saint Laurent Organizations: Service, Europa Press, Getty, Business, Sotheby's Institute of Art Locations: Zara, Instagram, Paris, Saint

☆ Google’s search dominance is unwinding
▼ + stars: | 2024-10-08 | by ( David Goldman | ) edition.cnn.com time to read: +5 min

New York CNN —Google is so synonymous with its core product that its name is a verb that means “search.” Yet Google’s dominance of that market is shrinking. For the first time in decades, Google next year will not control a majority of the US search market, according to a forecast by advertising research firm eMarketer. Google will remain the biggest search player, maintaining a 48% share of American search advertising revenue. That ruling could result in the eventual breakup of the company’s search business. TikTok, the fastest growing social network, is getting into into the search business.

Persons: CNN Business ’, George W, Bush, eMarketer, Google’s, “ kendall jenner, ChatGPT, “ What’s, Kendall Jenner, OpenAI, that’s, Bing, Sears Organizations: CNN Business, New York CNN, Google, Wall Street, Bing, Yahoo, Microsoft, Meta, YouTube, Delta Air Lines, Epic, Amazon, Apple, GE, Dow, US Steel Locations: New York, San Francisco, United States

☆ Wall Street giants like Goldman quickly up their bets on Chinese markets amid stimulus promises
▼ + stars: | 2024-10-08 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Goldman Sachs is the latest in a flurry of calls to upgrade China stocks after the Asian giant's recent wave of stimulus measures. Goldman predicts that Chinese stocks could even jump a further 15% to 20%, given the powerful comeback rally that has already occurred. It says the MSCI China index could have another 15% upside, and the CSI 300 index could enjoy a further 18% upside. In a Monday note, Citi also increased its price target for Chinese stocks. Following that, Wall Street started getting bullish on those stocks again, with Morgan Stanley predicting Chinese stocks are set to rally 10% and more.

Persons: Goldman Sachs, Goldman, Morgan Stanley, —, Vishnu Varathan Organizations: CSI, Citi, Wall, BlackRock Investment Institute, Mizuho Securities Locations: China, China's

☆ Ark Invest expects this tech stock to disrupt Big Tech firms
▼ + stars: | 2024-10-08 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Big Tech companies will face stiff competition over the coming years, with emerging players in software and data management taking market share, according to Ark Invest. Mega-cap U.S. firms such as Microsoft , Amazon , Google , and Oracle have led the charge in the rise of artificial intelligence. Palantir Palantir, a data analytics company, appears to be providing customized AI and data services to its customers, compared with off-the-shelf products from Big Tech giants. The value of Palantir's services becomes even more compelling when combined with AI capabilities, according to Ark's Bhushan. So Palantir goes in, and it consolidates all this data," Bhushan noted.

Persons: Rahul Bhushan, CNBC's, Bhushan, Palantir, Ark's Bhushan, PLTR Organizations: Big Tech, Invest, Microsoft, Google, Oracle, Ark Invest, Amazon Web Services, Ark Venture

☆ NFL Power Rankings Week 6: Commanders rising; checking in on fantasy flops
▼ + stars: | 2024-10-08 | by ( Josh Kendall | ) www.nytimes.com time to read: +23 min

None of the top five fantasy players coming into the season based on average draft position is in the top 48 in fantasy scoring. (The fantasy scoring numbers here are provided by TruMedia, and the average draft position statistics were compiled by Fantasy Pros.) Aaron Jones (15.7 fantasy ppg) has been a good pick but left early Sunday with a hip injury. The only bright spot for Las Vegas is rookie tight end Brock Bowers, who is 76th in fantasy scoring (13.3). Brian Thomas Jr. is 35th in fantasy scoring (16.2 ppg), which is second-best among rookie wide receivers behind only Malik Nabers.

Persons: It’s, Christian McCaffrey, Brown, Puka Nacua, Isaiah Pacheco, Oof, Sam Darnold, Pros, Justin Jefferson, Aaron Jones, Davante Adams, Rashee Rice, Xavier Worthy, Lamar Jackson, Jackson, Derrick Henry, Henry, Nico Collins, Collins, Stefon Diggs, Diggs, hasn’t, Jayden Daniels, Daniels, Ra St, he’s, — David Montgomery, Jahmyr Gibbs, Gibbs, Josh Allen’s, He’s, James Cook, Jayden Reed, Dontayvion Wicks, Xavier McKinney, CeeDee Lamb, Elandon Roberts, Justin K, McCaffrey, Jauan Jennings, Brian Thomas Jr, Lamb, Darnell Mooney’s, Kirk Cousins ’, Cousins, Kirk Cousins, Baker Mayfield, Josh Allen, Mayfield, Allen, J.K, Dobbins, Justin Herbert, Jim Harbaugh’s, Geno Smith, Kenneth Walker, Quarterback Brock Purdy, Arthur Smith, ’, Justin Fields, Fields, Najee Harris, Kyler Murray, Darren Yamashita, Marvin Harrison Jr, Trey McBride, Harrison, McBride, Caleb Williams, Williams, unni, Carr, Jones, amon, Chas e, Joe, Mond, Bower, ree, eks, wes, Bryce Young, ince, Kevin Stefa Organizations: NFL, Minnesota Vikings, Beat New York Jets, Vikings, Bills, Beat New Orleans Saints, Chiefs, Beat Cincinnati Bengals, Washington, Beat Buffalo Bills, he’s, New England Patriots, Beat Cleveland Browns, Browns, Baltimore Ravens, Lions, aren’t, Dallas Cowboys, Buffalo Bills, Houston Texans, New York Jets, Los Angeles Rams, Packers, Arizona Cardinals, Cowboys, Steelers, Getty, Beat Pittsburgh Steelers, Detroit Lions, Tampa Bay Buccaneers, Carolina Panthers, Atlanta Falcons, New Orleans Saints, Dobbins, Chargers, Denver Broncos, New York Giants, 183rd, Seahawks, Giants, San Francisco 49ers, EPA, Seattle Seahawks, Pittsburgh Steelers, Las Vegas Raiders, Cardinals, Green Bay Packers, Beat Carolina Panthers, Bears, Panthers, Jacksonville Jaguars, nus, J ets, nta, Bryce Locations: Germany, Minnesota, Kansas, Baltimore, Houston, Washington, Atlanta, laye, Fla, Calvi

☆ Patriots safety Jabrill Peppers arrested on assault charges
▼ + stars: | 2024-10-07 | by ( Marc Fortier | Nbc Boston | ) www.nbcnews.com time to read: +1 min

New England Patriots safety Jabrill Peppers was arrested early Saturda on multiple charges, including assault, police said. An investigation ensued, and they said Peppers, 29, was arrested. Police said he will be charged with assault and battery, assault and battery with a dangerous weapon, strangulation and possession of cocaine. The 29-year-old plays safety for the Patriots and is a New Jersey native. “We are aware of an incident involving Jabrill Peppers over the weekend in which the police are currently investigating.

Persons: Jabrill Peppers, Peppers Organizations: New England Patriots, Police, Quincy District Court, Miami Dolphins, Patriots, New York Giants, Cleveland Browns, The Patriots Locations: Braintree, Quincy District, New Jersey, New England

☆ NFL Week 5: All the crazy way teams scored (and won)
▼ + stars: | 2024-10-07 | by ( Andrew Greif | Andrew Greif Is A Freelance Sports Journalist. | ) www.nbcnews.com time to read: +3 min

In Week 5, scoring returned — and, in several cases, it happened in some of the oddest and most unexpected ways. The Jacksonville Jaguars’ Tank Bigsby was first hit 14 yards from the end zone by one Indianapolis Colts tackler and appeared to be wrapped up by another at the 11. Yet, with two teammates pushing him forward, he wound up with a touchdown instead of a short gain, a score that became part of Jacksonville’s first victory. Two minutes before halftime, Green Bay Packers quarterback Jordan Love dropped back into his end zone and was shoved with two hands — but not sacked for a safety — by a chasing Rams defender. Officially, he went 101 yards, 18 yards longer than Seattle’s previous franchise record for a fumble return.

Persons: —, Bigsby, Jordan Love, Still, Love, Deommodore Lenoir, Patrick Surtain II, Gardner Minshew, Minshew, Minshew’s, Aidan O’Connell, Lamar Jackson, Isaiah, Eric Gray, Gray, Rayshawn Jenkins, Jenkins, Isaiah Simmons, Bryce Ford Organizations: NFL, Jacksonville Jaguars, Indianapolis Colts, Green Bay Packers, Rams, San Francisco 49ers, San, Las Vegas Raiders, Denver Broncos, Raiders, Baltimore Ravens, Cincinnati, Sunday, Seahawks, Giants, Seattle, Wheaton Locations: Jacksonville’s, Los Angeles, San Francisco, Arizona, Seattle

☆ Texans, Bengals, Cardinals headline biggest wins of NFL Week 5
▼ + stars: | 2024-10-07 | by ( Rohan Nadkarni | Rohan Nadkarni Is A Sports Reporter For Nbc News. | ) www.nbcnews.com time to read: +4 min

The second quarter of the NFL season began Sunday with some key matchups — an important AFC North showdown, a potential playoff preview between AFC contenders, a pivotal divisional battle in the NFC West and more. Texans get statement win over the BillsIs Houston the biggest challenger to the Kansas City Chiefs in the AFC? The Cardinals escaped with a 24-23 win in San Francisco on Sunday despite trailing by 10 in the fourth quarter. Niners kicker Jake Moody was injured in the second quarter, which played a factor in the loss. Seattle’s loss keeps both the 49ers and Cardinals within one game of the division lead.

Persons: Stroud, Josh Allen, Lamar Jackson, Joe Burrow, Burrow, Jackson, Derrick Henry, Jordan Mason, Brock Purdy, Kyle Shanahan, Kyler Murray, Purdy, Jake Moody, San Francisco, Arizona —, Daniel Jones Organizations: NFL, AFC, NFC, Texans, Bills, Houston, Kansas City Chiefs, Buffalo, Jets, Dolphins, AFC East, Chiefs, Ravens, Bengals, Baltimore, Cincinnati, 49ers, The Cardinals, Sunday, Francisco, San, Giants, Seahawks, Cardinals, Seattle, New York Giants Locations: Buffalo, The, San Francisco, Arizona, York

☆ Bad call from Wall Street analysts on DuPont stock may be good news for investors
▼ + stars: | 2024-10-07 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

Wall Street analysts made the wrong call on DuPont, but it may be welcome news for investors looking to buy the stock. DuPont stock, trading around $85 per share Monday, would have to fall at least another 6% to below $80 to interest us. "This stock could have a very good run into 2025 as it becomes clear that the three segments are worth far more than the current price," Jim said. 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, Jim, Jeff Marks, Jeff, Jim Cramer's, Dupont Organizations: DuPont, Monday, Barclays, Club, CNBC, Getty Locations: Wilmington , Delaware

☆ New England Patriots captain Jabrill Peppers arrested on assault, strangulation, drug charges
▼ + stars: | 2024-10-07 | by ( Associated Press | ) edition.cnn.com time to read: +2 min

(AP) — New England Patriots captain Jabrill Peppers was arrested over the weekend on assault, strangulation and other charges following a disturbance at a home, police said Monday. The charges allege Peppers shoved a girlfriend to the ground, shoved her head into a wall, and put his hands around her neck to strangle her. In court, Peppers’ attorney, Marc Brofsky, said evidence in the case “sheds real doubt on the allegations, including videotaped evidence.” He said Peppers agreed not to have contact with the woman. Peppers answering questions during a news conference after the Patriots' 24-3 loss to the New York Jets on Sept. 19, 2024. Peppers, who is dealing with a shoulder injury, didn’t play Sunday in the Patriots 15-10 loss to the Miami Dolphins.

Persons: Jabrill Peppers, He’s, Peppers, Marc Brofsky, ”, Seth Wenig, Jerod Mayo, ” Mayo, Mayo, didn’t Organizations: — New England Patriots, Braintree, Police, Patriots, New York Jets, Cleveland, Browns, New York Giants, Miami Dolphins Locations: Braintree, Mass, Quincy District

Wall Street's top performers are hard workers who tend to work long, intense hours. Business Insider asked its 2024 class of Wall Street stars about how they stay mentally sharp. Here's what we learned about the hacks, habits, and routines that help top talent on Wall Street stay on their game. The routine helps him stay present with his home life as well as work, he added. But I think those two things help me to at least stay recharged and stay ready each day," he said.

Persons: —, Mark Zhu, Craig Kolwicz, Goldman Sachs, Corey White, Nina Gnedin, Blake Cecil, Chi Chen, Robert Sapolsky, Justin Elliott, Read, Palmer Osteen, KKR's, I've, That's, Daniela Cardona, America's White, Ben Carper, it's, there's, Matthew Eid, Holm, Reinhard Dirscherl, Melissa Ding, Wells, Annie Cheslin, she's, Margaret Williams, Morgan Stanley, Williams, Apollo's Austin Anton, Erica Wilson's, deadlifted, Harrison DiGia, Patrick Lenihan, barre, Elizabeth Stone Redding, Stone Redding, Matt Gilbert, Thoma, Gilbert, I'm, Dan, Feroz Khosla, isn't Organizations: Business, Service, Blackstone, Finance, Goldman, of America, Man Group, Productivity, Bridgewater Associates, Bank of America, Fidelity Investments, RBC, Bank, America's, Jefferies, Capital Advisory, Ares Management, Getty, BlackRock, Blue, General Atlantic, JPMorgan Asset Management, TPG, Thoma Bravo, Citadel Securities Locations: Blackstone, Chicago, San Francisco, Coast, Boston, Silicon Valley, New York, I'm, Maldives, he's, Thailand, Central Park

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