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☆ Markets broaden as investors sell tech winners, but further turbulence may be on the way
▼ + stars: | 2024-07-20 | by ( Michael Santoli | ) www.cnbc.com time to read: +7 min

The four best-performing stocks in the S & P 500 year to date were down an average of 13.5% last week. .SPX 5D mountain The S & P 500's performance in the past five trading days. The anchoring effect of a persistently strong half-dozen $1-trillion to $3-trillion companies atop the S & P 500 while most stocks wallowed had the effect of suppressing index volatility. The S & P 500 is now about 3% off its record, and the Nasdaq 100 is in a roughly 5% retreat from its high. History says when the S & P 500 has been up more than 10% in the first half of a year , as in 2024, it has gone to further highs by year's end nearly every time.

Persons: Russell, Donald Trump, Cash, Parag Thatte, Thatte, Goldman Sachs, wallowed, Cantor Fitzgerald Organizations: Axonic Capital, Deutsche Bank, Nasdaq

☆ Will the rally in small-cap stocks last? Investors share their take — and their picks
▼ + stars: | 2024-07-18 | by ( Weizhen Tan | ) www.cnbc.com time to read: +5 min

Investors are flocking to small-cap stocks right now, driving this segment of the market to new highs this week. He also noted that the Russell 2000 is outperforming the S & P 500 by the widest margin since November 2021. But according to him, one group of small-cap stocks could do well if rates were to stay higher for longer: regional banks. However, Turnquist cautioned that small-cap growth stocks would find the outlook tougher than small-cap value stocks, as they are more sensitive to economic health. How to play small-caps Investors who have been making a play for small-caps include billionaire Stanley Druckenmiller , who revealed a big bullish position in small-cap stocks last quarter.

Persons: Russell, Adam Turnquist, Turnquist, we've, There's, Trump, Kelvin Wong, Donald Trump, Wong, Stanley Druckenmiller, FactSet, David Dietze, Dietze, Jay Hatfield, Kilroy, Jefferies, Hatfield, —, Yun Li Organizations: CNBC, LPL, U.S . Federal, Federal Reserve, Citi, Wealth Management, CNBC Pro, Corp, Jefferies Locations: U.S, America

☆ The rout in tech stocks is a 'golden buying opportunity' for investors, analyst says
▼ + stars: | 2024-07-18 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

The recent tech sell-off is a "golden buying opportunity," according to Wedbush. The midweek rout in tech stocks was partly triggered by Trump's hawkish comments about Taiwan. But solid earnings results in the second-quarter should spark a rebound in the tech trade, Ives said. AdvertisementThe sell-off in technology stocks represents a "golden buying opportunity" for investors, according to Wedbush analyst Dan Ives. Principal Asset Management's Todd Jablonski said this tech sell-off is simply a small blip in the grand scheme of things.

Persons: Trump's, Ives, —, Dan Ives, Donald Trump's hawkish, Trump, Joe Biden's, it's, Todd Jablonski, Jablonski Organizations: Service, Bloomberg Businessweek, Nasdaq, Trump, Semiconductor Locations: Taiwan, China, Beijing, U.S, 1H2024

The artificial intelligence startup and Menlo Ventures are launching a $100 million fund on Wednesday to back early-stage startups, and get them using the AI company's technology. It initially started with $100 million in 2008, and doubled to $200 million two years later. Venture capitalists are now looking for ways to sweeten their offers to court AI startups, as investors swarm to the hottest deals. Funding for AI startups more than doubled in the second quarter from the first, topping $24 billion, according to data from Crunchbase. OpenAI has its own venture fund, the OpenAI Startup Fund, which its website says is "investing $175 million to help AI companies have a profound, positive impact on the world."

Persons: Anthropic, Kleiner Perkins, Matt Murphy, Murphy, Daniela Amodei, Dario, OpenAI, ChatGPT Organizations: Menlo Ventures, Menlo, Apple, CNBC, Venture, OpenAI, Fund Locations: Crunchbase

☆ Stocks are booming in 2024, but financial advisors say it may be time to get a little defensive
▼ + stars: | 2024-07-16 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

With the S & P 500 surging more than 18% in 2024, it might be time for investors to make a few defensive moves in their portfolios. But that surge is spurring some financial advisors to reassess their clients' exposure to large-cap tech and turn toward currently unloved asset categories that could be poised to rise. "It might take a little longer to manifest but we think [health care] is an interesting combination of offense and defense, and it provides meaningful cash flows for investors," Saccocia said. Checking in on risk and cash Investors reviewing their 2024 gains should also reassess their risk profile and consider whether their asset allocation reflects their long-term goals. Tom Balcom, CFP and founder of 1650 Wealth Management in Lighthouse Point, Florida, has used custom market-linked notes to hedge clients' exposure to the market.

Persons: Nvidia —, Shon Anderson, Russell, Jerome Powell's, Shannon Saccocia, Neuberger Berman, Saccocia, Colin Gerrety, Gerrety, Tom Balcom, Balcom, Morningstar Organizations: Nvidia, Anderson Financial, Federal, Big Tech, Investors, JPMorgan Chase, UnitedHealth, Wealth Services Locations: Dayton , Ohio, REITs, North Bethesda , Maryland, Lighthouse Point , Florida

If enacted, Project 2025 would bring major changes to Americans' finances. "As we've been saying for more than two years now, Project 2025 does not speak for any candidate or campaign," a spokesperson from Project 2025 said in a statement. "We are a coalition of more than 110 conservative groups advocating policy and personnel recommendations for the next conservative president." "But it is ultimately up to that president, who we believe will be President Trump, to decide which recommendations to implement," the organization said. While some of the changes proposed in Project 2025 could happen via executive action, many would need congressional approval, which could prove difficult in a divided government.

Persons: Donald Trump, Trump, Joe Biden, Biden, Zers, we've Organizations: Heritage Foundation, Trump, Finance, America Locations: Philadelphia

☆ Earnings playbook: Your guide to the first full week of the reporting season, including Netflix and Goldman
▼ + stars: | 2024-07-14 | by ( Fred Imbert | ) www.cnbc.com time to read: +5 min

Monday Goldman Sachs is set to report earnings before the bell. This quarter: Morgan Stanley is expected to report earnings per share growth of more than 30%, per LSEG. What history shows: Bespoke data shows United beats earnings expectations 71% of the time. Thursday Netflix is set to report earnings after the bell, with a conference call slated for 4:45 p.m. This quarter: The streaming giant is expected to report earnings per share growth of more than 40%, per LSEG.

Persons: Goldman Sachs, Morgan Stanley, Hugh Son, David Solomon, Goldman, Ted Pick, UAL, Leslie Josephs, NFLX, Goldman's Eric Sheridan, Citi's Jason Bazinet Organizations: Bank of America, Netflix, CNBC, LSEG, Investment, Wednesday United Airlines, Delta, Boeing, Airbus

☆ The Chinese Base That Isn’t There
▼ + stars: | 2024-07-14 | by ( Agnes Chang | Hannah Beech | ) www.nytimes.com time to read: +10 min

Security gate Chinese-funded buildup CAMBODIA Chinese warship CAMBODIA CAMBODIA Dry dock and other repair facilities Before After China insists it is not building a naval base in Cambodia. CHINA Ream, CambodiaThe Chinese Base That Isn’t There New facilities and the months-long presence of Chinese warships show Beijing’s growing global influence. In 2020, something curious happened at Cambodia’s Ream military base, on the Gulf of Thailand. The Chinese military presence near one of the world’s most vital sea lanes raises fundamental questions about Beijing’s ambitions. “The Ream military base is Cambodia’s, not the military base of any country,” Mey Dina, the commander of the base, told The New York Times.

Persons: CHINA, —, ”, Jan, John, “ We’re, Lloyd J, Austin III, ” Mey Dina, Mey Dina, Xi Jinping, dredgers, Ream, Gregory B, Poling, ‘ Ream, Xi, Hun Sen, Mr, Hun Sen’s, Hun Manet Organizations: U.S . Defense Department, Thunderbird School of Global Management, Arizona State University, Agence France, Navy, Planet Labs, Ream, Pentagon, New York Times, China’s, China’s Djibouti Naval, Basketball, Djibouti ETHIOPIA Perimeter, NAM Ream, Center for Strategic, International Studies, Cambodian, Congressional Research Service, White, AMERICA Ports, SOUTH AMERICA SRI LANKA, China, China ASIA EUROPE CHINA AFRICA Djibouti Ream SRI LANKA, United States Military Academy Locations: CAMBODIA CAMBODIA, China, Cambodia, CHINA Ream, Thailand, Ream, South China, American, Cambodian, U.S, People’s Republic, China’s, Djibouti, Horn of Africa, China’s Djibouti, YEMEN Djibouti, Djibouti ETHIOPIA, THAILAND, Cambodia Malacca, Africa, Asia, Southeast Asia, Djibouti Ream Africa, ASIA EUROPE, China CHINA AFRICA Djibouti, AUSTRALIA, China ASIA EUROPE CHINA AFRICA Djibouti, United States, Spratlys

☆ Donald Trump transformed the federal judiciary. He could push the courts further right in a second term
▼ + stars: | 2024-07-13 | by ( Andrew Seger | Phil Mattingly | ) edition.cnn.com time to read: +9 min

“I totally transformed the federal judiciary,” Trump boasted at a summit hosted by the right-wing Moms for Liberty group last summer. “Many presidents never get the opportunity to appoint a Supreme Court justice. But as Trump drives toward a potential second term, one thing is clear: He’s just getting started. (Project 2025 is the policy playbook crafted by the conservative Heritage Foundation for a potential second Trump term.) That intent for vengeance could set the bar for nominations and administration lawyers alike in a second Trump term.

Persons: CNN —, Donald Trump, “, ” Trump, Trump, ” Gregg Nunziata, Joe Biden, ”, Antonin Scalia, Samuel Alito, Clarence Thomas, It’s, Alito, Thomas aren’t, Skye Perryman, it’s, Trump’s, Neil Gorsuch, Brett Kavanaugh, Amy Coney Barrett –, “ Will, Hugh Hewitt, Mitch McConnell, I’ve, ” McConnell, Wade, Aileen Cannon –, ” Donald B, George H.W, George H.W . Bush, that’s, they’ve, Fox News ’ Sean Hannity, ” Will Chamberlain, Ron DeSantis, John Eastman, “ We’ve, ” Eastman Organizations: CNN, Liberty, Trump, Republican Party, Society, Federalist Society, Democracy, Heritage Foundation, Republican, EPA, Biden, Fox News, III, Florida Gov, Conservatism Conference Locations: “, Los Angeles, kilter, Dallas, Trump’s, Florida, George H.W ., Washington

☆ Prince Harry accepted the Pat Tillman Award at the 2024 ESPYs, but a PR expert said he should have declined the honor
▼ + stars: | 2024-07-12 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +10 min

One of the special honoree awards is the Pat Tillman Award for Service, which recognizes "a person with a strong connection to sports who has served others in a way that echoes the legacy" of Pat Tillman. AdvertisementESPN and the Pat Tillman Foundation selected Prince Harry to win the award for 2024 because of his work with the Invictus Games. Some thought Prince Harry didn't deserve the Pat Tillman AwardThe Invictus Games are a worldwide sporting competition for injured veterans. AdvertisementMary does not work for the Pat Tillman Foundation or play a role in deciding who wins the annual award. Despite the controversy, ESPN and the Pat Tillman Foundation stood by their decision, as the organizations shared in a statement with Business Insider ahead of the ESPYs.

Persons: —, Prince Harry, Pat Tillman, Pat, Duke, Duchess of, Prince Harry didn't, Harry, Mary Tillman, Chris Jackson, Mary, Duke of Sussex, Meghan Markle, Pat's, Marie Tillman Shenton, Princess Diana, Evan Nierman, Banyan, Nierman, Meghan, Serena Williams, Williams, Kevin Mazur, Neirman, Yaroslav Sabitov, Misan Harriman, Kate Middleton, Prince William, Taylor, William, Prince, Wales, It's, approachability Organizations: Service, Dolby Theatre, Business, Arizona Cardinals, NFL, Army, NPR, ESPN, Pat Tillman Foundation, Invictus, British Armed Forces, Invictus Games, Games, Daily, Getty, Aviation, Tillman Foundation, Invictus Games Foundation, PR, Netflix, Spotify, European Locations: Los Angeles, Afghanistan, Duchess of Sussex, Nigeria, Kensington, England

☆ Very bullish on semis in the second half of the year, says Piper Sandler's Harsh Kumar
▼ + stars: | 2024-07-12 | 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 EmailVery bullish on semis in the second half of the year, says Piper Sandler's Harsh KumarHarsh Kumar, Piper Sandler research analyst, joins 'Squawk on the Street' to discuss the state of the chips sector, semis playbook for the second half of the year, why AMD is his top pick, and more.

Persons: Piper Sandler's Harsh Kumar Harsh Kumar, Piper Sandler Organizations: AMD

☆ Despite the tech pullback, there's still more upside in the sector, says BakerAvenue's King Lip
▼ + stars: | 2024-07-12 | 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 EmailDespite the tech pullback, there's still more upside in the sector, says BakerAvenue's King LipKing Lip, BakerAvenue Wealth Management, joins 'Closing Bell' to discuss his tech stock playbook for the second half of the year.

Organizations: Wealth Management

☆ If you always do these 8 things, you’re mentally stronger than most
▼ + stars: | 2024-07-12 | by ( Scott Mautz | In Scottmautz | ) www.cnbc.com time to read: +6 min

If you want to overcome more challenges, achieve more success, experience more happiness and less stress — it takes mental strength. After spending decades studying mental strength and interviewing and surveying thousands of people for my recent book, "The Mentally Strong Leader," I have good news. If you always do these eight things, you're already mentally stronger than most. — you can look to this list as a mini-playbook that will help you level up your mental strength. The mentally strong have found the right middle ground between overconfident and paralyzed by fear of failure.

Persons: you've, I've, grindfulness

☆ History says there's a 100% chance that US stocks will rise in the second half of the year — here are 15 stocks to target for maximum gains
▼ + stars: | 2024-07-12 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

Sure enough, the S&P 500 rallied another 7.2%, ending 2023 up 24.2%. BMO Capital MarketsInvestors would love a similar outcome after a 14.5% first-half gain, which ranks in the 82nd percentile historically, according to BMO. History is on stocks' side in the second halfIn the last seven-and-a-half decades, the S&P 500 has risen 10% to 15% a dozen other times. Chances are, the relatively tame 5.5% slide the S&P 500 experienced in March and April won't be the biggest pullback of the year. Advertisement"Extended valuation remains a hot topic, but a closer inspection reveals that levels may not be as severe as are being advertised," Belski wrote.

Persons: —, Goldman Sachs, Brian Belski, Belski, Stocks, Oppenheimer Organizations: Service, BMO Capital Markets, Business, BMO Capital, BMO, UBS, Markets, Tech, Trade Locations: The Montreal, New York, US

☆ Trump claims not to know who is behind Project 2025. A CNN review found at least 140 people who worked for him are involved
▼ + stars: | 2024-07-11 | by ( Steve Contorno | ) edition.cnn.com time to read: +12 min

In addition to people who worked directly for Trump, others who participated in Project 2025 were appointed by the former president to independent positions. Several people involved in Project 2025 didn’t serve in the Trump administration but were influential in shaping his first term. Both Trump and Project 2025 have called for eliminating the Department of Education. Vast network of Trump alliesHowever, Trump’s attempts to distance himself from Project 2025 have already encountered credibility challenges. Shortly after Trump’s Truth Social post last week, Democrats noted a recruitment video for Project 2025 features a Trump campaign spokeswoman.

Persons: Donald Trump, “, Trump, Mark Meadows, Stephen Miller, Jay Sekulow, Cleta Mitchell, John Eastman, Brendan Carr, Lisa Correnti, Brett Tolman, Charles Kushner, Trump’s, Tolman, Joe Biden, Danielle Alvarez, “ Team Biden, ” Alvarez, Kevin Roberts, Roberts, ”, Susie Wiles, Chris LaCivita, Paul Dans, Biden, Miller, Russ Vought, Ben Carson, Christopher Miller, John Ratcliffe, Steven Bradbury, Patrick Pizzella –, Mark Morgan, Tom Homan –, –, Kathy Nuebel Kovarik, Ken Cuccinelli, Peter Navarro, Michael Pack, Frank Wuco, Barack Obama’s, David Legates, Mari Stull, President’s, ” Roberts Organizations: CNN, Republican, White, Trump, Heritage Foundation, Mandate, Leadership, Federal Communications, United Nations Commission, Republican Party, “ Team, Democratic, Committee, Heritage, American, Foundation, Department of Education, Affordable, National Weather Service, Trump Administration, America, Center, Management, “ Mandate, Leadership ”, Urban, National Intelligence, Labor, Customs, Border Protection, Immigration, of Homeland Security, US Agency for Global Media, NOAA, State Department, ” “ Conservatives Locations: Trump, Washington, Texas , Alabama, Mississippi, America

☆ Don't chase small caps, says 3Fourteen's Warren Pies
▼ + stars: | 2024-07-11 | 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 EmailDon't chase small caps, says 3Fourteen's Warren PiesWarren Pies, 3Fourteen Research co-founder, joins 'Closing Bell' to discuss his second half of the year playbook.

Persons: Warren Organizations: 3Fourteen Research

☆ Biden Tries to Silence His Doubters by Lashing Out at the ‘Elite’
▼ + stars: | 2024-07-10 | by ( Peter Baker | ) www.nytimes.com time to read: +1 min

He was the favorite of the Democratic Party elite. As he faces perhaps the most perilous moment of his political career, Mr. Biden has switched from defense to offense, taking a page out of his predecessor’s playbook to try to quash an internal uprising over his age and capacity. Rather than just try to show that he is up to the job, Mr. Biden has opted to push back against those who say he is not. “He has to show he’s a fighter; that’s critical,” said Cornell Belcher, a Democratic pollster who worked on Barack Obama’s presidential campaigns. “They see him as weak, not strong, which is connected to being too old,” Mr. Belcher said, referring to voters.

Persons: Donald J, Biden, ”, playbook, Cornell Belcher, Barack Obama’s, “, Mr, Belcher Organizations: Democratic Party elite, Trump, Democratic

☆ Fixed-income investing is 'very much alive', says Goldman Sachs' Lindsay Rosner
▼ + stars: | 2024-07-09 | 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 EmailFixed-income investing is 'very much alive', says Goldman Sachs' Lindsay RosnerLindsay Rosner, Goldman Sachs Asset Management head of multi-asset fixed income investing, joins 'Closing Bell Overtime' to talk yields climbing in U.S. and Europe and her fixed-income investing playbook.

Persons: Goldman Sachs, Lindsay Rosner Lindsay Rosner, Goldman Organizations: Management Locations: Europe

☆ Meet the ex-Goldman Sachs partner behind the scenes of the Skydance-Paramount deal
▼ + stars: | 2024-07-09 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +4 min

Read previewAfter months of negotiations, Paramount has inked a merger agreement with film studio Skydance Media, owned by David Ellison, son of billionaire Oracle founder Larry. The Ellison family and RedBird will invest $6 billion and $2 billion, respectively, to take over Paramount and bolster its balance sheet. This story is available exclusively to Business Insider subscribers. Advertisement"I think it's my biggest competitive advantage that I don't get emotionally attached," Cardinale told Business Insider in 2022. Business Insider spoke with 27 of Cardinale's colleagues and peers to learn more about his winning strategy.

Persons: —, David Ellison, Larry, Ellison, RedBird, Gerry Cardinale, Goldman Sachs, " Cardinale, Jeff Shell, Skydance, Goldman, Jon Winkelried, Gerry Organizations: Service, Paramount, Skydance Media, RedBird Capital Partners, Business, New York Yankees, Dallas Cowboys, NFL, AC Milan, Weatherford Capital, TPG Locations: Skydance, RedBird

CNN —President Joe Biden told top donors on a video call Monday that he is still the best candidate to defeat former President Donald Trump as the Biden campaign and the White House sought to move beyond a crisis threatening to consume the Democratic Party. “It’s still a huge hole to climb out of,” the Democratic donor said, speaking on condition of anonymity to avoid alienating the campaign. While the Biden campaign has pointed to a rush of small-dollar donations over the past week, a senior adviser said the falloff among high-dollar contributors was highly troubling. Morgan blamed Biden’s campaign team for his debate performance and argued that Vice President Kamala Harris is in place “if something happens” to Biden. And that’s what people need to be focusing on.”Phillips said anxious Democratic donors “need to get out of their feelings” and instead put their energy behind turning out those voters and selling them on the administration’s accomplishments.

Persons: Joe Biden, Donald Trump, Biden, “, I’m, ” Biden, ”, It’s, Trump, ” “ We’re, he’ll, –, Wes Moore, “ It’s, Chris Korge, “ I’m, Joe ”, Harris, John Morgan, They’ve, Morgan, ” Morgan, Biden’s, Kamala Harris, Steve Phillips, Phillips, ” Phillips, CNN’s Donald Judd, MJ Lee Organizations: CNN, White, Democratic Party, Trump, “, House Democrats, MSNBC, Democratic, Heritage Foundation, ABC, campaign’s National Finance, Maryland Gov, National Finance Committee, Democratic National, Biden, Republicans Locations: American, Atlanta, Florida, San Francisco

☆ What’s in Biden’s Survival Kit
▼ + stars: | 2024-07-08 | by ( Jess Bidgood | ) www.nytimes.com time to read: +1 min

Tonight, we’re taking a look at the strategy behind President Biden’s efforts to steady his candidacy. The latest developmentsAn expert on Parkinson’s disease visited the White House eight times in eight months, including at least once for a meeting with President Biden’s physician. Jill Biden, the first lady, emphasized to voters in several states that her husband was “all in” on his campaign. A defiant President Biden sent a simple message on Monday to the detractors who say he needs to bow out of the presidential race: Bring it. “Any of these guys that don’t think I should run, run against me.

Persons: Biden’s, Biden, Jill Biden, “, ” Biden, Joe ” Organizations: Republicans, Trump, White House, Democratic Locations: ”

☆ Live Election Updates: Biden Faces Eroding Support in House With Crucial Week Looming
▼ + stars: | 2024-07-08 | by ( Michael D. Shear | Maggie Astor | ) www.nytimes.com time to read: +3 min

A Biden campaign event on Sunday in Harrisburg, Pa. Democrats have made abortion a key issue in campaigns ever since the Supreme Court overturned Roe v. Wade. In his 2016 presidential campaign, Mr. Trump pledged that he would appoint multiple anti-abortion justices to the Supreme Court, with a goal of overturning Roe. When the court’s Dobbs v. Jackson decision in 2022 ended the constitutional right to an abortion, Mr. Trump took credit. “Ask yourself: Who do you want in the White House — the man proud to overturn Roe v. Wade, or the president fighting for your rights?” the ad’s narrator says. Mr. Biden’s campaign, under intense scrutiny after his debate performance, has sought to keep the focus on Mr. Trump.

Persons: Roe, Wade, Biden’s, Donald J, Trump, Dobbs, Jackson, Biden, ”, “, playbook, ” Lauren Hitt, Kamala Harris Organizations: Biden, The New York Times, Mr, Republican, Heritage Foundation, Trump Locations: Harrisburg, Pa

☆ A second Trump term would be 'chaos' for student loan borrowers
▼ + stars: | 2024-07-07 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

Read previewDonald Trump has long regarded the student loan forgiveness measures rolled out under the Biden administration as a stunt to garner "publicity for the election." At a campaign event in late June, Trump called Biden-era student debt relief measures "vile," suggesting that student loan borrowers shouldn't count on forgiveness under a second Trump administration. A recent Supreme Court ruling striking down the Chevron doctrine has already weakened the Education Department. Biden-era student loan forgiveness measures, as well as his new income-driven SAVE repayment plan, are making their way through court challenges led by conservative groups, which are not likely to be resolved before 2025. Advertisement"Overall, I think a Biden administration is going to be more favorable for college affordability than a Trump administration," Kantrowitz said.

Persons: —, Donald Trump, Biden, he's, Trump, Pell Grant, Jan Miller, Mark Kantrowitz, Kantrowitz, Betsy Mayotte, who'd Organizations: Service, Biden, Business, of Education, Department of Education, US Department of Education, Education Department, Senate, Trump, The, Student Loan Advisors, Education Department's, Education Locations: Washington ,, Mayotte

☆ These are the best ways to play GenAI as it disrupts new industries, according to RBC
▼ + stars: | 2024-07-07 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Semiconductor stocks and technology behemoths get all the acclaim when it comes to artificial intelligence, but RBC Capital Markets is offering up some alternate ways to play the theme. Other technology giants have followed suit, with Amazon closing above a $2 trillion market value for the first time ever last month. Against this backdrop, RBC Capital Markets highlighted some of its favorite ways to play the theme beyond the classic winners, viewing AI as the "next disruptive mega-trend." While the social media giant has already gotten a boost from the trend, RBC Capital Markets expects shares to benefit from a world where digital advertisers market toward AI and virtual assistants. RBC Capital Markets also highlighted a handful of software stocks that could win big as AI proliferates, viewing the tool as a "revenue enhancer and profitability expander" that may take three to five years to materialize.

Persons: behemoths, GenAI, CrowdStrike, Eaton, Thomson Organizations: RBC Capital Markets, Nvidia, RBC Capital, Adobe, Accenture, Thomson Reuters Locations: Shopify

☆ What is Project 2025? The conservative road map is raising a lot of eyebrows, on both sides of the aisle.
▼ + stars: | 2024-07-06 | by ( Katie Balevic | ) www.businessinsider.com time to read: +1 min

Project 2025 is a road map for the next Republican president. The Heritage Foundation, a prominent conservative think tank, authored the plan. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In January 2023, The Heritage Foundation began promoting Project 2025, a 922-page "playbook" assembled with input from dozens of other conservative organizations to guide the next Republican administration. This story is available exclusively to Business Insider subscribers.

Persons: —, Joe Biden, Donald Trump Organizations: Republican, Heritage Foundation, Education Department, Service, Business

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