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Investors getting very bullish heading into the election
  + stars: | 2024-10-30 | by ( Fred Imbert | ) www.cnbc.com   time to read: +2 min
The U.S. presidential election is less than one week away, and investor positioning has gotten very bullish. "Animal spirits have been unleashed, as investors haven't wasted time positioning themselves up for a typical post-election/year-end rally," Cau said in a note. He also pointed out that these inflows come as expectations of former President Donald Trump winning next week have increased. Indeed, shares of Trump Media — which have been a market proxy for Trump's 2024 election chances — have soared a whopping 220.5% in the past month alone. "After Q3, we lack confidence that Boeing shares can outperform the market in the next 12 months."
Persons: Emmanuel Cau, haven't, Cau, Donald Trump, , Kamala Harris, Bernstein Organizations: U.S, Barclays, Trump Media, NBC, Boeing Locations: U.S
CNN —H5N1 bird flu has been identified in a pig in the United States for the first time, the US Department of Agriculture said Wednesday. The USDA and Oregon veterinary officials are investigating bird flu cases in a backyard farming operation that had a mix of poultry and livestock, including pigs, the agency said. After H5N1 was identified in other animals on the farm, five swine were euthanized for testing; two tested negative, and results are still pending for two others. Some previous flu infections in pigs have allowed influenza viruses to change rapidly and develop new capabilities. Across the United States, more than two dozen people have tested positive for H5N1 flu this year, and nearly all of them have reported exposure to infected dairy cows or chickens, according to the US Centers for Disease Control and Prevention.
Persons: Michael Osterholm, , Dr, Sanjay Gupta, Osterholm, it’s, Scott Weese, , Weese Organizations: CNN, US Department of Agriculture, Plant Health, Service, US Centers for Disease Control, Infectious Disease, University of Minnesota, CNN Health, University of Guelph Locations: United States, Oregon, Mexico, Ontario
The economy accelerated at a 3% pace in the second quarter. The U.S. economy posted another solid though slightly disappointing period of growth in the third quarter, propelled higher by strong consumer spending that has defied expectations for a slowdown. Personal consumption expenditures, the proxy for consumer activity, increased 3.7% for the quarter, the strongest performance since Q1 of 2023. "You've got the perfect combination of strong growth and slowing inflation. The personal savings rate decelerated in the third quarter to 4.8%, down from a 5.2% level that had been revised up sharply.
Persons: Dow Jones, You've, Dan North, Kamala Harris, Republican Donald Trump, Harris, — Trump Organizations: Gross, Commerce Department, Treasury, Allianz Trade North America, Federal Reserve, Fed, Republican Locations: U.S
A resident walks next to a car lifted up in a street covered in mud in a flooded area in Picanya, near Valencia, eastern Spain, on October 30, 2024. At least 63 people have died in eastern Spain after flash floods swept away cars, turned village streets into rivers and disrupted rail lines and highways in the worst natural disaster to hit the European nation in recent memory. Emergency services in the eastern region of Valencia confirmed a death toll of 62 people on Wednesday. Rainstorms on Tuesday caused flooding in a wide swath of southern and eastern Spain, stretching from Malaga to Valencia. Floods of mud-colored water tumbled vehicles down streets at high speeds, while pieces of wood swirled in the water with household items.
Persons: Pedro Sánchez, Sánchez Organizations: Castilla La, Police, Spanish, Authorities Locations: Picanya, Valencia, Spain, Castilla La Mancha, Cuenca, Rainstorms, Malaga
The Canadian government alleged on Tuesday that Indian Minister of Home Affairs Amit Shah, a close ally of Hindu nationalist Prime Minister Narendra Modi, was behind the plots to target Sikh separatists on Canadian soil. The Washington Post newspaper first reported that Canadian officials alleged Shah was behind a campaign of violence and intimidation targeting Sikh separatists in Canada. India has called Sikh separatists "terrorists" and threats to its security. Sikh separatists demand an independent homeland known as Khalistan to be carved out of India. The Canadian case is not the only instance of India's alleged targeting of Sikh separatists on foreign soil.
Persons: Narendra Modi, Amit Shah, of Home Affairs Amit Shah, Canada's, Shah, David Morrison, Morrison, Indira Gandhi, Hardeep Singh Nijjar, Vikash Yadav, Gurpatwant Singh Pannun Organizations: Indian, India's, of Home Affairs, Washington Post, Foreign, Commission of, FBI, West Locations: Varanasi, Canada, U.S, Commission of India, Ottawa, India, Washington, Indian, New York City, China
New York CNN —“Jump ball.” “Coin flip.” “Toss up.” “Dead heat.” “Deadlocked.” On TV and online, political analysts are running out of ways to say the presidential race is effectively tied. As CNN’s Dana Bash said on “Inside Politics” Tuesday, “this race could not be closer.”In this final week of the campaign, the most important thing for the news media to communicate is uncertainty. On the right, former President Donald Trump and many of his right-wing media allies are expressing unbridled confidence that the Republican is going to win next week. “I spend more hours figuring out ways to say this race is close than New Yorkers spend in traffic,” Enten quipped. Even after all the polls are closed, there may still be uncertainty about the outcome since different states tabulate votes in different ways.
Persons: , ” “, CNN’s Dana Bash, Rick Klein, Donald Trump, Laura Ingraham, Jesse Watters, Trump, Matt Lewis, Donie O’Sullivan, , Kamala Harris, they’re, Michelle Obama, Harry Enten, ” Enten, Enten, Harris, “ I’ve, ” Anthony Salvanto, ” Salvanto Organizations: New, New York CNN, , ABC News Washington, CNN, Republican, Fox News, Trump, MSNBC, Fox, Journalists, CBS News Locations: New York, “ MAGA, New
The outcome of this year's presidential election could bode well for different parts of the stock market, according to Evercore ISI. "Trump will be positive for US-only retailers (which have higher tax rates vs retailers with int'l exposure)," Evercore ISI said. Under a Harris win, these stocks could benefit, per Evercore ISI: Evercore ISI forecasts Harris winners to be renewable energy and EV companies, as that administration is expected to maintain the Inflation Reduction Act and other clean energy policies. Discount retailers such as Burlington and Ross Stores are another likely beneficiary of a Democratic win, according to Evercore ISI. A slew of tech companies, namely Apple , Dell and Hewlett Packard Enterprise , could fare well with a Harris win given the risk of lower tariffs.
Persons: bode, Kamala Harris, Donald Trump, Emanuel, Halliburton, Trump, ULTA, Dave Kimbell, Tesla, Elon Musk's, Harris, BURL, LSEG, Ross, Biden Organizations: ISI, Democratic, Republican, NBC, Trump, Halliburton, Exxon Mobil, Exxon, Care, NextEra, Harris . Discount, Ross Stores, Burlington, Apple, Dell, Hewlett Packard Enterprise, Palo Alto Networks Locations: U.S, China, Burlington
In this case, filaments radiate away from a “zombie star” the explosion created. Then, in 2023, astronomers spied weird filaments glowing with light from sulfur within the nebula. Scientists know the supernova created the filaments, but it’s unclear how or when the structures formed. The robust data that the instrument captured allowed the team to measure the motions of each filament and create a 3D map. The Keck Cosmic Web Imager enabled measurements of the velocity of any material within the nebula that emits light.
Persons: , Christopher Martin, “ KCWI, Dana Patchick, Patchick, NASA’s, Albert Zijlstra, Ilaria Caiazzo, Tim Cunningham, Zijlstra, Cunningham, ” Cunningham, James Webb, Takatoshi Ko, Ko Organizations: CNN, Keck, California Institute of Technology, Survey, University of Manchester, Pa, Institute of Science, Technology, NASA Hubble, Center, Astrophysics | Harvard & Smithsonian, Southern, Research Center, University of Tokyo Locations: Hawaii, England, Technology Austria
Former President Donald Trump on Wednesday baselessly claimed that Pennsylvania is "cheating" at "large scale levels," escalating his spread of election fraud conspiracies in this all-important swing state. The Republican presidential nominee's Truth Social post in the final week of the race dovetailed with a broader GOP effort to sow doubts about Pennsylvania's election integrity. The efforts are similar to what Trump and his allies claimed before the 2020 presidential election. Trump went on to lose Pennsylvania to President Joe Biden by 81,000 votes. As in 2020, Trump's playbook in Pennsylvania involves exaggerating and mischaracterizing any irregularities around the state's election to bolster claims of widespread fraud.
Persons: Donald Trump, Wednesday baselessly, Trump, Joe Biden, Kamala Harris, Trump's Organizations: Drexelbrook, Wednesday, Republican, Trump, Democratic, Keystone State, GOP Locations: Drexel Hill , Pennsylvania, U.S, Pennsylvania, Keystone, Lancaster, Lancaster County, York County, PENNSYLVANIA
Former President Donald Trump and Vice President Kamala Harris are shown on screen during a debate watch party at the Cameo Art House Theatre in Fayetteville, North Carolina, on Sept. 10, 2024. European politicians and policymakers are busy preparing for more American protectionism regardless of who emerges as the next leader of the White House after elections next week. The presidential race has remained a dead heat going into its final few days, with polling consistently rating the candidates, Vice President Kamala Harris and former President Donald Trump, as being tied within key battleground states and across the country. "Whoever wins will be 'America first'," a senior European diplomat, who did not want to be named due to the sensitive nature of the transatlantic relationship, told CNBC last week. The comments come after a warning from German Finance Minister Christian Lindner, who on Friday told CNBC there could be retaliation if the U.S. kicked off a trade war with the European Union.
Persons: Donald Trump, Kamala Harris, Christian Lindner, it's Organizations: Art House Theatre, White, CNBC, German Finance, Friday, European Union, European, EU, U.S, European Commission Locations: Fayetteville , North Carolina, European, U.S, Washington ,, United States
Retail investors have increasingly focused in on Trump Media & Technology , Rumble and Phunware as stocks that can benefit if the Republican presidential nominee for president prevails. Trump Media & Technology, which owns the alternative social media platform TruthSocial, trades under a ticker — DJT — that's also the initials for the business mogul-turned-politician. On Tuesday alone, retail traders were net buyers of Trump Media to the tune of $14.4 million. Schwarz said there's no reason for Trump Media to even be publicly traded given its business fundamentals and high price-to-sales ratio. "Trump Media has no fundamental value — it's worthless," he said.
Persons: Donald Trump, That's, that's, Phunware, Kamala Harris, Christopher Schwarz, It's, Trump, There's, Irvine's Schwarz, Schwarz, there's, LSEG, hasn't, Peter Thiel, — CNBC's Robert Frank, Fred Imbert Organizations: Trump Media & Technology, Republican, Trump Media, NBC, University of California Irvine, CNBC, Vanda Research, U.S, Trump, Marriott, Mayo Clinic, PayPal Locations: United States, Atlantis
A Russian court fined Google for not restoring YouTube accounts linked to Russian TV channels. AdvertisementA legal dispute between Google and Russia over suspended YouTube accounts has led to a fine so large that it exceeds all the money on Earth. Ivan Morozov, a Moscow-based lawyer, told the state-run TASS newswire that a Russian court ordered the tech giant to restore Russian media accounts on YouTube, a Google-owned company. To put this into perspective, the world's GDP is equivalent to about $105 trillion, a minuscule fraction of the fine. In 2022, Google's Russian legal arm, Google LLC, filed for bankruptcy, and authorities seized its bank accounts, though free services continue to operate in the country.
Persons: , Ivan Morozov, Donald Trump, Morozov, Nigel Gould, Davies, Gould Organizations: Google, Service, YouTube, Business, Bloomberg, International Institute for Strategic Studies Locations: Russian, Russia, Moscow, Eurasia
A Brazilian au pair involved in a Virginia double-murder case took a plea deal on Tuesday, cooperating with prosecutors as they prepare to go to trial against the woman's former boss. Peres Magalhaes called 911 on the morning of Feb 24, 2023, and reported that a friend was hurt, police said previously. Her plea deal downgrades the murder charge to manslaughter and drops the firearm charge. Peres Magalhaes and Brendan Banfield said Ryan attacked the au pair, which led him to shoot Ryan in self-defense, according to NBC Washington. An attorney for Brendan Banfield did not immediately return a request for comment on the plea deal on Monday.
Persons: Juliana Peres Magalhaes, Joseph Ryan, Brendan, Christine Banfield, Brendan Banfield, Peres Magalhaes, Steve Descano, Descano, Ryan, Banfield, Brendan Banfield didn't Organizations: Reston , Va ., Reston , Va . Reston Police, Police, NBC, NBC Washington, Prosecutors Locations: Virginia, Reston , Va, Reston , Va . Reston, Fairfax, NBC Washington
St. Louis police on Monday released a detailed report about a 2022 school shooting that left a student and teacher dead, publicly revealing for the first time the gunman’s struggle with his mental health and hospitalizations over suicide attempts. The 456-page document also outlines concerns raised by Orlando Harris’ family and their attempts to get help. Students stand in a parking lot near the Central Visual & Performing Arts High School in St. Louis, on Oct. 24, 2022. Following the shooting, agents went to the storage unit and found it completely empty. During one session, Harris allegedly talked about shooting people at his old high school, the report says.
Persons: Louis, Orlando Harris, Tanya Ward, Harris, ” Harris, Jean Kuczka, Bell, David Carson, ABACA, Ward, , Orlando H, “ Ward, Harris ’, wasn't, Hetal Patel, Patel, worthlessness, ” Patel Organizations: Louis police, Central Visual, Performing Arts High, Central Visual & Performing Arts High School, Louis Metropolitan Police Department, Authorities Locations: St, Orlando, Louis
Despite a difficult quarter, McDonald’s looks resilient in the face of various pressures, analysts say — something the company shares with U.S. consumers overall. “The spotlight is always on McDonald’s because it’s so big” and something of a “bellwether,” she said. That spurred former President Donald Trump to sling fries this month at a Philadelphia-area McDonald’s in a photo op. Like many major brands, McDonald’s raked in big profits as the economy reopened from the pandemic. “The thing that McDonald’s had struggled with, and why I think we’re seeing kind of an inflection point, is a value proposition,” Senatore said.
Persons: McDonald’s, Mickey D’s, Chris Kempczinski, Kempczinski, Gordon Haskett, ” Kempczinski, Ravi Dhar, , Sara Senatore, Kamala Harris, Donald Trump, Mickey D’s ’, Senatore, they’d, , Eric Thayer, ” Senatore, Sam Oches, Oches, , , Jim Salera, Stephens, Jack Kleinhenz, hasn’t, “ They’re, ” Oches Organizations: U.S, Yale University’s Center, Bank of America, Bloomberg, Getty, Coca, Walmart, Target, Walgreens, JetBlue, Democratic, National Retail, JPMorgan Locations: U.S, Philadelphia, Connecticut, Amazon
Liam Payne's first posthumous single will be released on Friday, less than three weeks after the singer's death, the song's producer announced. "Do No Wrong" will arrive after Payne's sudden death in Argentina on Oct. 16. "I pray that this will be a blessing to the world like Liam has always dreamed. After the band went on hiatus in 2016, Payne debuted his first solo single, "Strip That Down" featuring Quavo, which reached No. He later released a solo album, "LP1," that debuted at No.
Persons: Liam Payne's, Liam, Sam Pounds, Ruth, Bear, , Ruth Gibbins, Pounds, Payne, Niall Horan, Zayn Malik, Harry Styles, Louis Tomlinson — Organizations: Argentina National Prosecutor’s Locations: Argentina
HONG KONG — A key piece of a little-told chapter of World War II history almost ended up in a landfill. That diary is now believed to be the only known primary source documenting the involvement of Chinese naval officers in the D-Day landings at Normandy. The 24 British-trained Chinese naval officers were forced to choose between the two sides, with many of them going on to have distinguished careers in the Chinese or Taiwanese militaries. Instead he settled down in Hong Kong, a British colony at the time, where he worked as a merchant seaman until the late 1960s. A page from Lam’s journal on display at the Fringe Club in Hong Kong last month.
Persons: Lam Ping, Chiang Kai, Lam, , , ” Lam, John Mak, Chiang, Mao Zedong’s, Peter Parks, Mak, Angus Hui, crackdowns, Lau Suk Yin, ” Hui, ” Mak Organizations: Pacific, U.S, Royal Naval College, Allied, Fringe Club, Getty Locations: HONG KONG, Hong Kong, Normandy, Indonesia, China, United States, Britain, France, Norwegian, Germany, Japan, Mao Zedong’s Communist, Republic of China, Taiwan, British, Brazil, AFP, Greater China
A hiker was found dead Monday along a trail in Big Bend National Park in Texas after rangers noticed a vehicle that had been parked for several days and launched a search, staff members said. The National Park Service did not name the 24-year-old hiker in a statement. The Marufo Vega Trail is one of the most rugged locations at Big Bend National Park in Texas. "Big Bend National Park staff and partners are saddened by this loss,” Deputy Superintendent Rick Gupman said in the statement. “Our entire park family extends condolences to the hiker’s family and friends.”Even though it is late October, temperatures in the desert parts of Big Bend National Park have been reaching almost 100 degrees each afternoon, the park service said.
Persons: Vega, Rick Gupman Organizations: National Park Service, National Park, Lajitas International, Weather Locations: Big Bend, Texas, Big, Odessa
A vintage expert with 20 years of experience says there are telltale signs to spot a fake Hermès Birkin. Here's what to look out for when picking out a vintage Birkin. I've learned strategies that help me identify specific things about luxury bags, from their model to configuration, just by looking at a piece. Here are tips on detecting if the vintage Birkin you're eyeing is authentic. Edward Berthelot/Getty ImagesIf you have a Hermès Birkin, you will know that the way the leather is treated gives it an almost perfumed smell.
Persons: Birkin, , Koyaana Redstar, Louis Vuitton, Chanel, I've, Kelly, Hermès, Counterfeiters, Hermès Birkin, Dario Cantatore, they've, That's, Birkin suede, Edward Berthelot Organizations: telltale, Service, Luxe, eBay, Rebag Locations: Los Angeles, New York, Hermès
Donald J. Trump @realDonaldTrump americanthinker.com/blog/2024/... www.americanthinker.com The real reason Boeing is in the news In short, China wants Boeing out. Inside Trump’s Truth Social Conspiracy Theory Machine An analysis of Donald Trump’s Truth Social posts reveals the paranoid and unfounded content the former president creates and amplifies each day. In addition to the posts themselves, the analysis zeroed in on the 170 Truth Social accounts that Mr. Trump had amplified on the platform. A spokeswoman for Truth Social did not answer questions from The Times about the company’s policies on conspiratorial content and the accounts that spread it. From July to September, Truth Social received an average of about 4.7 million unique monthly visitors, according to the web analytics firm Similarweb.
Persons: Donald Trump, Donald J, Trump, Biden, Trump baselessly, JOE BIDEN, Donald Trump’s, Trump’s, , Joseph Uscinski, George Soros, globalist, Harris, Mr, Kamala Harris, Hurricane Helene, Crooked Joe Biden, Hunt, be us, HAP E, OR F, REGIS, ony Biden, ree, Joe, O., asser t, ruth Socia, Soros, Harri, MAGA, ruth e, ange, ron y m “NCSW, “He, accou, SOROS, ruth S, ove, uther, tim e, y., the 2020, ravi, orme Organizations: Trump, , OPEN, PLAN ”, Mr, Boeing, FOX, WIN, Truth, Times, The Times, Social, University of Miami, Democratic Party, Democratic, Federal Emergency Management Agency, Justice Department, White, DOJ, UF, UT, ims, acc Locations: China, York, , Nord, Ukraine, Hurricane, America, ife, Abo, TIR
And the legal challenges could continue for weeks or months to come. The legal team also relies on a team of advisers, including longtime Biden lawyer Bob Bauer, who advises on litigation strategy and voter protection, and former US Solicitors General Don Verrilli and Seth Waxman. In addition, the Harris legal team is supported by a “field counsel” program that coordinates with local firms in each state that can provide specialized knowledge about election law and procedures in each jurisdiction. Sources close to the Trump legal team say they have not only focused on recruiting legal firepower but on identifying viable legal challenges. “What we have to do is protect every voter and every vote, which is what we’re doing,” said Remus, of the Harris legal team.
Persons: Donald Trump’s, Gineen Bresso, David Warrington, Trump, , , Dana Remus, Joe Biden, Kamala Harris, ” Remus, Remus, Barack Obama’s, Obama, Marc Elias, , Bob Bauer, Don Verrilli, Seth Waxman, Harris, ” Bresso, ” Mike Davis, They’ve, ‘ We’ve, We’ve, we’ve, “ Trump, Davis, ” CNN’s Casey Gannon Organizations: CNN, Republican, Warrington, GOP, Republican National Committee, White, Democratic, Trump, Biden, US, Republicans, RNC, Commission, Capitol Locations: Washington, DC, North Carolina, Georgia, Florida
CNN —Teri Garr, an Oscar-nominated actress known for her work in films like “Young Frankenstein,” “Tootsie” and “Mr. Marty Feldman, Cloris Leachman, Gene Wilder and Teri Garr in "Young Frankenstein." Actress Teri Garr was diagnosed with multiple sclerosis in 1999. Throughout the ’90s, Garr appeared in 1991’s “Good & Evil,” 1994’s “Good Advice” and 1995’s “Women of the House.”Garr was known for her slightly addled and zany comic timing, which naturally made her the perfect candidate to play mother to Lisa Kudrow’s Phoebe Buffay on “Friends.” Garr appeared in three episodes total over the third and fourth seasons. Garr’s final credit came in 2011 when she appeared on the TV series “How to Marry a Billionaire.”This is a developing story and will be updated.
Persons: Teri Garr, Oscar, “ Young, , Garr, Marc Gurvitz, ” Garr, there’s, Sonny, Cher, Dick Van Dyke, Bob Newhart, Marty Feldman, Cloris Leachman, Gene Wilder, Inga, Mel Brooks, , Frankenstein, Madeline Kahn, Ronnie Neary, Richard Dreyfuss, Steven Spielberg’s, Dustin Hoffman‘s, Caroline Butler, Mom ”, Michael Keaton, who’s, Lisa Kudrow’s Phoebe Buffay, “ Felicity, Bonnie, Mary McGinnis, Sandy Gordon, Scooby Organizations: CNN, Fox, Everett, Columbia Pictures Industries Locations: Los Angeles, Hollywood
Ants will do things like take dead ants out of the colony and into the refuse pile. If we take oleic acid and we put it on a live ant, the other ants will treat it like a dead ant and take it out to the refuse pile. So they’re not really understanding death. The concept of death has often been understood in very cognitively demanding ways — as somehow requiring an understanding of infinity or absence. They understood that the baby could no longer hurt them, that its nonfunctionality was irreversible.
Persons: they’re
Robert Downey Jr. says he would sue "future executives" if Marvel uses AI to replicate his likeness. Downey Jr. is the second "Avengers" star after Scarlett Johansson to criticize AI. AdvertisementRobert Downey Jr. told tech journalist Kara Swisher he would sue Marvel if the studio replicated his likeness with AI after his death. But Downey Jr. will return to the MCU to play a villain, Doctor Doom, in 2026's "Avengers: Doomsday." He added that he's not concerned about Marvel using AI for the moment.
Persons: Robert Downey Jr, Kara Swisher, Downey, Scarlett Johansson, , Downey Jr, Tony Stark, Josh Brolin, Doctor Doom, he's, Swisher, he'd, Tony Stark's, I'm, gals, Christopher Reeve, OpenAI, Johansson, Sam Altman, Altman, cybercrime Organizations: Marvel, Service, Marvel Studios, Warner Bros
CNN —Two political statues have mysteriously popped up in Washington, DC, drawing crowds of onlookers, just a week before Election Day. On Monday, a bronze statue of a tiki torch appeared in Freedom Plaza, just a couple of blocks from the White House. A tiki torch statue called “The Donald J. Trump Enduring Flame” at Freedom Plaza in Washington, DC, on Tuesday, October 29, 2024. “This monument pays tribute to President Donald Trump and the ‘very fine people’ he boldly stood to defend when they marched in Charlottesville, Virginia,” a plaque below it reads. “When rioters broke in to destroy these ideals, this desk stands firm, so too must the principles of equality, justice, and freedom that it represents,” it states.
Persons: Nancy Pelosi’s, Trump, Donald Trump, Donald J, Rebecca Wright, Trump’s, , , Julia Jimenez, Pyzik, , Grace Denman, Paige Muller, she’s “, Muller, Mike Litterst Organizations: CNN, Capitol, United States Capitol, Trump, National Park Service, Civic, Jimenez Locations: Washington ,, Freedom, Charlottesville , Virginia, Maryland, Charlottesville
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