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Given this overhang, Morgan Stanley's sales team created a whole basket of stocks that have a large exposure to government spending. gov Relatively high revenue from government, as estimated by Morgan Stanley Notably, the list mostly excludes defense contractors, as Morgan Stanley expects them to be more insulated from budget cuts. Stocks in the basket include these 10: Moderna and Pfizer are two companies that made the basket. While the average analyst polled by LSEG has a hold rating, the average price target implies the stock will nearly double over the next year. MRNA PFE YTD mountain Moderna and Pfizer, year to date Research and consulting firm Gartner was also included in the Morgan Stanley basket.
Persons: Donald Trump's, Trump, Elon, Vivek Ramaswamy, it's, Morgan, Morgan Stanley, Trump's, Robert F, Kennedy Jr, LSEG, Gartner Organizations: Tesla, Roivant Sciences, Department of Government Efficiency, Intuit, Washington Post, Internal Revenue, gov, Moderna, Pfizer, Human Services, Research, Gartner Locations: Stamford , Connecticut
Forbes reported that the video was created by three AI studios — Secret Level, Silverside AI and Wild Card — using four different generative AI models. In a statement, a Coca-Cola spokesperson said, "The Coca-Cola Company has celebrated a long history of capturing the magic of the holidays in content, film, events and retail activations for decades around the globe. Coca-Cola will always remain dedicated to creating the highest level of work at the intersection of human creativity and technology." This isn’t the first time that Coca-Cola has used AI technology in its marketing strategies and programs. Tim DeStefano, a research professor at Georgetown University McDonough School of Business, told NBC News that using AI technology means a significant drop in the price of creating commercials.
Persons: Chris Barber, Alex Hirsch, , it’s, OpenAI, Neeraj Arora, ” Arora, Coke, Tim DeStefano, ” DeStefano Organizations: Forbes, Disney, Cola Company, University of Wisconsin, Georgetown University McDonough School of Business, NBC News Locations: Madison
The Library of Congress said hackers broke into its communications systems and were able to read its email correspondence with congressional offices for most of this year. In a private notification sent Friday to some congressional offices, obtained by NBC News, the Library of Congress said that hackers “accessed email communications between congressional offices and some Library staff, including the Congressional Research Service.” The hackers had access from January until September, the notification said. The Library of Congress, the world’s largest library, offers a dedicated research staff for Congress. Last year, it gave congressional staffers more than 76,000 custom responses to inquiries, according to its most recent annual report. Bill Ryan, director of communications at the Library of Congress, told NBC News in an email that the software vulnerability the hackers used to gain access has been “mitigated.”“The Library has referred the matter to law enforcement and is also conducting its own analysis of the breach,” Ryan said.
Persons: Bill Ryan, ” Ryan, , Chuck Schumer Organizations: Congress, NBC News, of Congress, Congressional Research Service, Library of Congress, ., Russian Embassy, Washington , D.C, Embassy Locations: United States, China, Russia, U.S, Russian, Washington ,
Monday’s moves come as investors ready for public health changes under a second Trump administration. But the mineral has found itself at the center of a nationwide fight that’s led some local communities to end programs centered on its insertion into public water. Gordon Haskett’s Bilson also pointed out that dental stocks were some of the few “spared” health-focused equities as investors responded to the announcement of Kennedy’s nomination last week. And advertising.”While the market appears to be moving on Kennedy’s nomination, Bilson said that regulatory changes would likely take years to come into effect. He also noted that drinking water should fall more under the Environmental Protection Agency than Health and Human Services.
Persons: Henry Schein, Robert F, Kennedy Jr, Donald Trump’s, Envista, Trump, Kennedy, that’s, Gordon Haskett, ” Don Bilson, Gordon Haskett’s, , Gordon Haskett’s Bilson, ” Bilson, “ Drugmakers, Bilson Organizations: Health, Human Services, Trump, RFK, HHS, Pharmaceutical, Environmental Protection Agency Locations: U.S
‘Reel’ is a love letter to the Harlem Renaissance — and Black creativesRyan remembers the exact moment she was inspired to write most of her books. “These Black women with these big afros, just unapologetically gorgeous, because that’s something that defies what culture tells us about ourselves. “I wanted women who are living with chronic illness, specifically lupus, to feel beautiful, to feel loved, to feel like they weren’t too much,” she says. She describes her books as “Trojan horses” to “smuggle in discourse” and start difficult conversations readers may not usually have. Just a few months after the rerelease of “Reel,” Ryan will publish the third and final book in her “Skyland” series, “Can’t Get Enough,” out May 2025.
Persons: Kennedy Ryan, , ” Ryan, TODAY.com, , Ryan, Neevah Saint, Canon Holt, Dessi, Audie, Black creatives Ryan, Dorothy Dandridge, Halle Berry, Dandridge, Carmen Jones, Berry, Black, Kennedy, Black creatives, Billie Holiday, Ma Rainey, Bessie Smith, they’ve, ” Kennedy, Barnes & Noble, ” Kennedy Ryan, that’s, Neevah, there’s, ” What’s, Monk, Verity, I’ve, , I’m, she’s Organizations: Hollywood, Hachette, Harlem Renaissance, Harlem, Academy, Barnes &, Locations: Harlem, American,
Prosecutors say Indian national Harshkumar Ramanlal Patel, 29, ran part of the scheme and recruited Steve Shand, 50, of Florida, to shuttle migrants across the border. Prosecutors say when Jagdish Patel’s body was found, he was holding Dharmik, who was wrapped in a blanket. Patel is a common Indian surname and the victims were not related to Harshkumar Patel. The U.S. Border Patrol arrested more than 14,000 Indians on the Canadian border in the year ending this Sept. 30. Prosecutors say Shand told investigators that Patel paid him about $25,000 for the five trips.
Persons: Ramanlal Patel, Steve Shand, John Tunheim, Shand, Jagdish Patel, Vaishaliben, Dharmik, Jagdish Patel’s, Patel, Harshkumar Patel, Harshkumar, Thomas Leinenweber, Shand messaged Patel, , messaged Patel, Satveer Chaudhary, ” Chaudhary Organizations: Prosecutors, U.S, District, The U.S . Border Patrol, Pew Research, Associated Press Locations: India, Canada, U.S, Florida, Minnesota, Dingucha, Gujarat, Washington, The U.S, El, America, Deltona , Florida, Orlando, Minneapolis, American
The number was higher among young adults, with 37% of people ages 18 to 29 saying they turn to influencers for news. Pew surveyed 10,000 adults and analyzed 500 news influencers, which it defined as individuals who regularly post about current events and have over 100,000 followers on Facebook, Instagram, TikTok, X or YouTube. “And these influencers have really reached new levels of attention and prominence this year amid the presidential election.”The rise of social media influencers, and in particular news-focused creators, has been slowly embraced by politicians in recent years. The Republican convention in Milwaukee hosted more than 70 influencers as part of a content creator program. Donald Trump and Vice President Kamala Harris both appeared on podcasts hosted by popular online personalities ahead of the election.
Persons: , Galen Stocking, Barack Obama, Donald Trump, Kamala Harris, Trump, Theo Von ”, Joe Rogan, Harris, Alex Cooper Organizations: Pew, Facebook, , Pew Research Center, YouTube, Democratic, Republican, Heritage Foundation Locations: Chicago, Milwaukee
Younger users will be able to send "broadcast-only" messages during games. Roblox will also launch new content labels designed to make it easier to decide what is age-appropriate. Users younger than 9 can only access the "minimal" or "mild" content and need parental consent for "moderate." "Since the day we launched, we’ve had a growing population of younger users and we want to help keep them safe on Roblox. Roblox strongly denied this accusation in a lengthy statement and called the report misleading, citing its heavy investment in trust and safety measures.
Persons: Matt Kaufman, Kaufman, we’ve, Roblox Organizations: Research Locations: Roblox, New York
CNN —A mummified ice age cub from Siberia is the first known mummy of a sabre-toothed cat, and its discovery is generating ripples of excitement among paleontologists. A, B and C reveal views of the mummified Homotherium latidens specimen: A is a thumb claw; B a second digit claw; and С a plantar view. However, the mummy also showed that sabre-toothed cubs differed dramatically from modern lion cubs of a similar age, Lopatin said. Its coat was darker, and its ears were smaller than those of lion cubs; it had longer forelimbs, a larger mouth opening and a more massive neck. Its paw is also more circular than that of a lion cub; in fact, its shape more closely resembles the paw of a bear, Tseng added.
Persons: Alexey V, , ” Lopatin, Lopatin, leo, Jack Tseng, , Tseng, it’s, ” Tseng, ” Mindy Weisberger, С . Organizations: CNN, Russian Academy of Sciences, University of California, Scientific Locations: Siberia, Moscow, Asia, Netherlands, Canadian Yukon, Yakutia, Russia, Yakutia’s, Berkeley
CNN —Sitting at your desk all day may put you at greater risk for heart disease –– even if you work out in your spare time, according to new research. This study was particularly helpful in investigating sitting because of its large sample size and the methodology it employed, Diaz said. “We would really recommend that as many people as possible avoid sitting more than 10.6 hours a day,” Ajufo said. The study is also observational, which means that while it can make associations, it can’t prove that the sitting was the cause of the heart disease, she added. To do their job well, muscles need movement.
Persons: , Ezim, Keith Diaz, Diaz, ” Ajufo, “ That’s, Ajufo, ” Diaz, don’t, “ You’re Organizations: CNN’s, CNN, Brigham, Women’s Hospital, Columbia University Medical Center, American College of Cardiology Locations: Boston
The survey polled 2,000 U.S. retail ETF investors in March. "The continued growth of retail investors investing in ETFs is certainly not going away," she said. watch nowMeanwhile, associated fees with ETFs tend to be much lower compared to mutual funds and other index funds. Index ETFs have a 0.44% average annual fee, half the 0.88% fee for index mutual funds, according to Morningstar. Similarly, active ETFs carry a 0.63% average fee, versus 1.02% for actively managed mutual funds, Morningstar data shows.
Persons: Oscar Wong, John Healy, Healy, He's, Young, Zers, Gen, Alison Hennessy, Hennessy, Tommy Lucas, Moisand Fitzgerald Tamayo, Lucas Organizations: Nasdaq, millennials, Morningstar Locations: New York City, U.S, Orlando , Florida
AdvertisementThe growing ranks of boomers aged 65-plus could spark a boom in the senior housing market. It says this will drive strong demand for senior housing facilities, including assisted living, independent living, skilled nursing, and memory care. "That makes senior housing a compelling option for investors looking to break away from traditional property investment." Census Bureau/Capital EconomicsMeanwhile, around 11% of those over the age of 65 are currently living in a form of senior housing, according to the American Senior Housing Association. Related storiesRents, meanwhile, are seeing a strong uptrend, thanks to the supply of senior housing growing tighter after the pandemic.
Persons: that's, Imogen Pattison, Pattison Organizations: Capital, Capital Economics, Census, American Senior Housing Association, MAP
He deemed them blue zones — a term that first appeared in an academic paper about longevity in Sardinia, Italy published in 2004. I found that the centenarians in the blue zones were missing or dead when the study was conducted. "They were falling in regions that had terrible health, and surprisingly that was the shared characteristic of most blue zones. In the letter they state that Buettner's claims about four of the blue zones, Okinawa, Sardinia, Ikaria and Nicoya, "have been fully validated by strict demographic criteria." Buettner told The New York Times that he frequently visits the blue zones to make sure birth records are accurate.
Persons: Loma, Dan Buettner, Buettner, Saul Justin Newman, Newman, There's, bing, Newman's Organizations: National Geographic, Costa Rica Loma, University College London Centre for Longitudinal Studies, Vox Media, NPR, New York Times, Geographic Locations: Okinawa, Japan, Loma Linda, California, Sardinia, Italy, Japan Ikaria, Greece, Costa Rica, Calif, U.S, Ikaria
And now, scientists hypothesize that Earth may have sported its own ring some 466 million years ago. Scientists previously believed that a large asteroid broke apart within the solar system, creating the meteorites that hit Earth during the Ordovician Period. The space rock is commonly referred to as a “mini-moon” due to it coming within 2.8 million miles (4.5 million kilometers) of the planet. Also, the suggested Earth ring would have “had to be the result of the disruption of a much larger body as the authors indicate in their paper,” he added in an email, so the asteroid, likely about 37 feet (11 meters) in diameter, could not have made a new ring for Earth. However, “this ring formation event we think may have happened only once in the last 500 million years.”
Persons: CNN —, , , Andrew Tomkins, Tomkins, Roche, Earth’s, landmasses, Vincent Eke, ” Eke, PT5, Carlos de la Fuente Marcos, la Fuente Marcos, ” Tomkins Organizations: CNN, Monash University, NASA, Institute, UK’s Durham University, Complutense University of Madrid Locations: Melbourne, Australia, Earth’s Roche
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets have shifted from political uncertainty to policy uncertainty, says Citi's Rob RoweRob Rowe, Citi U.S. regional director of research and head of global strategy, joins CNBC's 'Money Movers' to discuss the markets moving downward after a post-election spike, what he's looking for from the economy and Federal Reserve going forward, and more.
Persons: Citi's Rob Rowe Rob Rowe Organizations: Markets, Citi U.S, Federal Reserve
Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. Shares of Super Micro soared more than twentyfold over a two year period from early 2022 until their peak in March of this year. Super Micro has been one of the primary beneficiaries of the artificial intelligence boom, due to its relationship with Nvidia . Super Micro was added to the S&P 500 in March, reflecting its rapidly growing business and then-soaring stock price. Less than two weeks after the index changes were announced, Super Micro reached its closing high of $118.81.
Persons: Charles Liang, it's, Ernst & Young, Nvidia's Organizations: Super, Computer Inc, BDO, Nasdaq, SEC, Ernst, Deloitte, Touche, Nvidia, Super Micro, Dell, Hewlett Packard Enterprise, Micro, Hindenburg Research, Street, Department of Justice Locations: Taipei, Taiwan
Uzbekistan targets growth with expansion to its capital
  + stars: | 2024-11-18 | by ( Amy Gunia | ) edition.cnn.com   time to read: +5 min
CNN —About five million people live and work in Uzbekistan’s capital, Tashkent, making it the largest city in the country, and one of the most populous cities in Central Asia. The capital expansion, dubbed New Tashkent, could play an important role in helping the country create new jobs, draw investment and boost its economy. Growth through urbanizationIn 2017, Uzbekistan’s new president Shavkat Mirziyoyev launched an ambitious economic and social reform program. Sunset over Amir Temur Square in the center of Tashkent, Uzbekistan, September 15, 2016. Purpose-built innovation clusters are intended to catalyze the growth of target industries, while tourism areas aim to attract visitors.
Persons: ” Christine P, Chan, Shavkat Mirziyoyev, it’s, Amir Temur, ” Chan, Zaha Hadid, Hakan Agca, Agca, Organizations: CNN, Urban, Asian Development Bank, ADB, Getty, Economist Intelligence, Scientific Research, Amsterdam, London Locations: Tashkent, Central Asia, New Tashkent, Amir, Uzbekistan, , , Tashkent Twin
AdvertisementHigh tariffs on China could prevent the US defense industry from getting needed supplies, a Beijing advisor said. "If those military enterprises do not have supply from China, they will not be able to continue with their production." The US defense sector will face big repercussions if Donald Trump launches tariffs against China, an advisor tied to Beijing's government said. AdvertisementTo be sure, it remains to be seen how Trump's tariff ideas actually pan out. So far, the defense sector appears distracted by other developments tied to Trump's presidency.
Persons: Donald Trump, Ding Yifan, Trump, Ding, Greg Hayes Organizations: Defense, State Council's Development Research Center, Financial Times, JPMorgan, Government, P Aerospace Locations: China, Beijing
President-elect Donald Trump's flurry of announcements regarding Cabinet nominees has left investors with one unexpected headache: a suddenly cloudy picture of who will take the all-important position of Treasury secretary. One somewhat new name to emerge into the Treasury conversation is former Fed governor Kevin Warsh. However, the Wall Street Journal reported Sunday that Warsh also has emerged as potential Treasury contender. Yields took another leg higher on Monday amid the Treasury uncertainty. However, Fundstrat research chief Tom Lee said that once the Treasury nominee issue is settled, that should restore some market confidence.
Persons: Donald Trump's, Trump, Scott Bessent, Sen, Bill Haggerty, Howard Lutnick, Elon Musk, Powell, Stocks, Kevin Warsh, Jerome Powell, Warsh, Evercore, Tom Lee, Lee Organizations: Key Square Group, Federal Reserve, Treasury, Trump Trade, Trump, Wall Street
The Trump trade is still intact, says Fundstrat's Tom Lee
  + stars: | 2024-11-18 | 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 Trump trade is still intact, says Fundstrat's Tom LeeTom Lee, Fundstrat Global Advisors head of research, joins 'Squawk Box' to discuss last week's market stumbles, why markets are still in a good place despite slowing rate cuts, and much more.
Persons: Trump, Tom Lee Tom Lee Organizations: Fundstrat Global Advisors
Melius' Ben Reitzes looks ahead to Nvidia earnings
  + stars: | 2024-11-18 | 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 EmailMelius' Ben Reitzes looks ahead to Nvidia earningsBen Reitzes, Melius Research Head of Technology Research, joins 'Closing Bell Overtime' to talk what to expect from Nvidia earnings.
Persons: Ben Reitzes Organizations: Technology Research, Nvidia
In this article SAVE Follow your favorite stocks CREATE FREE ACCOUNTA passenger waits for assistance at the Spirit Airlines check-in counter in the Austin-Bergstrom International Airport on November 13, 2024 in Austin, Texas. Brandon Bell | Getty ImagesSpirit Airlines has filed for Chapter 11 bankruptcy protection, becoming the first major U.S. passenger carrier to do so since American Airlines 13 years ago. Here's what travelers need to know:Why did Spirit file for bankruptcy? Spirit said Monday that it has reached a prearranged deal with the majority of its bondholders for a "streamlined" Chapter 11 bankruptcy protection plan. Rather, it gives the airline protection to reorganize its business, which often means shedding assets or parts of its operation.
Persons: Brandon Bell, Ted Christie, Spirit, , Henry Harteveldt, Harteveldt Organizations: Spirit Airlines, Austin, Bergstrom International Airport, Getty, Airlines, U.S, American Airlines, Airbus, JetBlue Airways, Atmosphere Research, Spirit Locations: Austin , Texas
The S & P 500 has risen 24.73% so far this year, up fractionally more than last year's 24.23%, according to FactSet data. The U.S.-listed Gotham Enhanced 500 ETF , which has the ticker GSPY, has also posted similar gains since 2021. JREU-GB .SPX 5Y line GSPY The Gotham Enhanced 500 ETF is a newer fund and so has a shorter track record of outperformance. Yet it has beaten the S & P 500 every year since its inception in 2021. Gotham ETFs say the fund "buys all 500 stocks in the S & P 500 Index but reweights them, buying more of the ones we think are cheaper and less of the ones we believe are more expensive."
Persons: Piera Elisa Grassi Organizations: Deutsche Bank, JPMorgan U.S, Research, Equity, Gotham, JPMorgan Asset Management, CNBC, JREU, New York Stock Exchange Locations: London, U.S, Gotham
CNN —“Impoundment” is another word that Americans may need to learn in the vernacular of President-elect Donald Trump’s second term. Trump took the time to record a video about impoundment during the Republican primary season, and he promised seizing control over spending from Congress would be a top priority if he was elected. Impoundment occurs when Congress appropriates money that the president then declines to spend. As a result of these standoffs, Congress passed a law to curtail a president’s use of impoundment, particularly for policy reasons. The Impoundment Control Act of 1974 did a lot more than that, however.
Persons: Donald Trump’s, , Trump, Thomas Jefferson, Richard Nixon, Nixon, Volodymyr Zelensky, Joe Biden, Trump’s, , Vivek Ramaswamy, Elon Musk, DOGE –, Ramaswamy, ” Ramaswamy, Matt Gaetz, Jimmy Carter, It’s Organizations: CNN, Senate, Republican, Congress, Congressional Research Service, Office, Capitol, Supreme, overreach, Elon, “ Department, Government, Alcohol, Tobacco, Firearms, Explosives, Ramaswamy, Department of Education, Nuclear Regulatory, Trump, FBI Locations: Mississippi, Louisiana, France, Ukraine, Trump’s, Ohio, Washington
How it performs on Amazon Prime Video matters more. But media experts told Business Insider that Amazon MGM could still profit from "Red One" and likely won't view it as a failure. Amazon MGM hopes the theatrical release will generate buzz for the film before it lands on Amazon Prime Video, Variety reported on Sunday. Frank Masi / Frank Masi / Prime"Red One" was initially going to premiere on Amazon Prime Video, but Amazon MGM later pivoted to a theatrical release. And if audiences think "Red One" will come to Amazon Prime Video during Christmas, they may choose "Wicked," "Moana 2," and "Gladiator 2" instead.
Persons: Chris Evans, Dwayne Johnson, Lucy Liu, , Bob Marley, Rob Mitchell, Variety, Matthias Frey, Johnson, Frey, Hivju, Callum, Frank Masi, Kevin Wilson, We're, that's, Jezz Vernon, Paul Mescal, Lucius, Aidan Monaghan, Paramount Pictures Mitchell Organizations: Amazon Prime, Pole, MGM, Gower, Analytics, Intelligence, Department of Media, Culture, Creative Industries, City , University of London, Variety, Netflix, Amazon MGM, University of Exeter, Paramount Pictures Locations: North America, London, UK
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