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☆ China would love a domestic Nvidia rival — but that's proving quite the challenge
▼ + stars: | 2024-09-19 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +4 min

The U.S. government has restricted the export of Nvidia's most advanced chips to China since 2022, with restrictions tightening last year. "These companies have made notable progress in developing AI chips tailored to specific applications (ASICs)," Wei Sun, a senior analyst at Counterpoint Research, told CNBC. China's key challengesThe flags of China and the USA are being displayed on a smartphone, with an NVIDIA chip visible in the background. Huawei leading the packTriolo identified Huawei as one of the leaders in China with its Ascend series of data center processors. In its annual report earlier this year, Nvidia explicitly identified Huawei, among other companies, as a competitor in areas such as chips, software for AI and networking products.

Persons: Nvidia's, China's, Wei Sun, Paul Triolo, Albright Stonebridge, SMIC, TSMC, Triolo, Chip IPOs Organizations: Nvidia, CNBC, Huawei, Alibaba, Baidu, Technology, Counterpoint Research, NVIDIA, Nurphoto, Wall Locations: Beijing, wean, China, U.S, USA, SMIC

☆ We need 'social prescriptions' just as much as traditional medicine, author of 'The Connection Cure' says
▼ + stars: | 2024-09-19 | by ( Renée Onque | ) www.cnbc.com time to read: +6 min

The best way to approach health care, in addition to traditional medicine, in Hotz's opinion, is social prescribing. This is the future Julia Hotz, author of " The Connection Cure ," hopes will become a reality in every country. Or you can create your own art to channel some of the heavy emotions you're feeling into something beautiful. Search for belonging when you're feeling lonelyOne of the most fundamental human needs is to have a sense of belonging, Hotz says. "Instead of replacing other kinds of medicine, social prescriptions complement them," Hotz wrote in her book.

Persons: Hotz, Julia Hotz Organizations: Solutions, Research, Harvard, CNBC Locations: U.S

☆ YouTube's CEO on hefty creator payouts, election deniers, and the NBA: Q&A
▼ + stars: | 2024-09-18 | by ( Peter Kafka | ) www.businessinsider.com time to read: +11 min

Why do you think that's the case? Have you thought about how you're going to handle people saying that the election was fraudulent? Related storiesIt's not what gets talked a lot about, but that's actually what users experience. But there's going to be people who go, "What happened to so-and-so conspiracy theorist? I'd heard, and I think there's been some reporting out that you guys made an offer for that package.

Persons: We've, Neal Mohan, Mohan, —, Snapchat, they're, we've, They're, it's, Donald Trump, that's, Rudy Giuliani, what's, I've, I'd, there's Organizations: Service, YouTube, Google, CNN, New York Times, Fox News, ABC, Elon Musk, Twitter, NBA, Warriors Locations: India

☆ Here are the fundamental and the technical reasons that Microsoft stock can be bought
▼ + stars: | 2024-09-17 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

Like the overall market, Microsoft has been running higher of late as odds increasingly favor a 50-basis-point Fed cut. With so much hope on Wall Street, if the Fed were to go with a smaller 25-basis-point move, the market could get hit and pressure Microsoft stock. The Club has a $500 per share price target on Microsoft stock. That's our fundamental case, which aligns with technical analysis of Microsoft's one-year stock chart pattern. A laptop computer with Microsoft Copilot+ installed is on display at the Best Buy store on June 18, 2024 in Miami, Florida.

Persons: Amy Hood, we've, Jim Cramer's, Jim Cramer, Jim, Joe Raedle Organizations: Microsoft, Fed, CNBC, Getty Locations: Miami , Florida

“I’m here to support my wife and everybody else that deserves the right to have freedom of their reproductive rights,” said Goldberg, a 70-year-old retired computer software developer. Women clearly feel the impact of abortion restrictions, said Harris campaign manager Julie Chavez Rodriguez. At the same time, he argued, there’s no precedent for reproductive rights being a driving issue for men. The couple has become surrogates for the Harris campaign on reproductive rights, including at last month’s Democratic National Convention. “I’m here because the fight for reproductive rights isn’t just a women’s fight,” Josh Zurawski said at the Chicago convention.

Persons: Marcia Ruberg, ”, Kamala Harris, Gary Goldberg, “, Goldberg, Dobbs, —, Harris, Tim Walz, Doug Emhoff, Julie Chavez Rodriguez, Michael Cook, Ayres, Republican pollster, ’, ” Ayres, –, Samuel Chen, there’s, Chen, Pennsylvania Sen, Pat Toomey, Mike Mikus, Josh Shapiro, ” Shapiro, she’s, Joe Biden, Trump, Biden, Hadley Duvall, Duvall, Roe, surrogates, Morgan Mohr, Harris ’, Governor Shapiro, ” Mohr, Tony Goldwyn, Zachary Quinto, Josh Zurawski, Amanda Zurawski, isn’t, ” Josh Zurawski, ” Alexis McGill Johnson, ” Johnson, Fatima Goss Graves, ” Graves, Shapiro, ” Duvall, Andy Beshear, “ That’s, it’s, Chris Scholding, Larry Padersky Organizations: Philadelphia CNN, Trump, Democratic, CNN, Philadelphia, Republican, Pennsylvania, Pennsylvania Democratic Gov, Reproductive, Pittsburgh, Democratic National Convention, National Women’s Law, Fund, GOP, Harris Locations: Pennsylvania, Yardley , Pennsylvania, Pittsburgh, Florida, Philadelphia, Scranton, Allentown, Harrisburg, Chicago, Kentucky, New Jersey

☆ Israel expands war objectives, eyeing northern front as tensions with Hezbollah continue unabated
▼ + stars: | 2024-09-17 | by ( Tamar Michaelis | Benjamin Brown | ) edition.cnn.com time to read: +3 min

CNN —Israel has added another objective to its ongoing conflict with Hamas and Hezbollah: ensuring the safe return of residents from communities along its border with Lebanon to their homes. He added that Israel will “do what is necessary” to safeguard the region’s security and return the residents to their homes. Hezbollah has said that it will end its attacks on Israel when Israel ends its war in Gaza. Gallant’s fateThe addition to Israel’s war aims comes amid reports in Israel that Netanyahu plans to replace Gallant with a former rival politician, Gideon Sa’ar. Unlike Gallant, who served for decades in the Israel Defense Forces, Sa’ar is a near lifelong politician.

Persons: CNN —, Benjamin Netanyahu’s, Netanyahu, Amos Hochstein, Yoav Gallant, Hochstein, ” Hochstein, Axios, Israel, Gallant, Gideon Sa’ar, Benny Gantz, ” Organizations: CNN, Hamas, Hezbollah, Lebanese Ministry of Public Health, Israel Defense Forces Locations: CNN — Israel, Lebanon, Israel, Israel’s, Tel Aviv, ”, Gaza, Sa’ar’s

☆ Jordan Chiles appeals to Swiss supreme court to reclaim Olympic bronze medal
▼ + stars: | 2024-09-16 | by ( Rohan Nadkarni | Rohan Nadkarni Is A Sports Reporter For Nbc News. | ) www.nbcnews.com time to read: +1 min

American gymnast Jordan Chiles has appealed to the Switzerland supreme court to reclaim her bronze medal from the Paris Olympics, Chiles’s attorneys announced Monday. During the women’s floor exercise final in Paris, Chiles was moved up to third place — and awarded bronze — after challenging the judges’ score over one of the elements in her routine. However, she was moved down to fifth days later after the Court of Arbitration for Sport (based in Switzerland) ruled her challenge was submitted four seconds late. The International Olympic Committee then awarded bronze to Romania’s Ana Bărbosu and asked Chiles to return her medal. Chiles has appealed to the Federal Supreme Court of Switzerland to overturn the decision.

Persons: Jordan Chiles, Chiles’s, Chiles, —, Ana Bărbosu, Hamid Gharavi, “ Jordan Chiles ’, ”, Maurice M, Suh, ” Chiles Organizations: Paris, Sport, Olympic, Federal, Romania Locations: Switzerland, Paris, Tokyo

☆ TikTok is fighting for its life in US court — and it's on track to lose, former DOJ official says
▼ + stars: | 2024-09-16 | by ( Natalie Musumeci | Dan Whateley | ) www.businessinsider.com time to read: +7 min

Attorneys for the US government and the widely popular social media app faced off on Monday in a federal appeals court as TikTok fights against a law that could soon see the platform banned in the country. Rozenshtein said that he believes the appeals court will rule "decisively" and "comprehensively" against TikTok. AdvertisementTikTok's lawyer argued the law 'imposes extraordinary speech prohibition'In his oral arguments on Monday, TikTok lawyer Andrew Pincus slammed the law as "unprecedented." AdvertisementThe panel of judges, at times, seemed skeptical of TikTok's arguments. After the appeals court issues its ruling, the case could end up before the Supreme Court where Rozenshtein also predicts TikTok will not fare well.

Persons: —, Alan Rozenshtein, Rozenshtein, Joe Biden, TikTok's, Biden, haven't, TikTok, Andrew Pincus, Pincus, Daniel Tenny, Sarah Kreps, Kreps, Jaffer Organizations: Service, Appeals, District of Columbia Circuit, TikTok, Business, Justice Department, University of Minnesota Law School, Chinese Communist Party, Justice, Tech, Institute, New York's Cornell University, Columbia University —, Pew Research Center Locations: TikTok's Beijing, ByteDance, China, United States

☆ Gold keeps rising to record after record. How to play it from here with options
▼ + stars: | 2024-09-16 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

Gold is at a new record around $2,610 per ounce — more than ten times the low of just over $253 per ounce in 1999. @GC.1 ALL mountain Gold futures, long term Physical gold holders typically retain their assets through market fluctuations. The fundamental case A notable exception has been Saudi Arabia, which has historically acted as a liquidity source by buying gold when prices fell and selling as prices rose. In 2023, central banks purchased 1,037 metric tons of gold, with China buying nearly 225 tons, the largest amount since 1977. The trade As an alternative to buying gold directly, one could consider purchasing a longer-dated call option and selling a nearer-dated strangle to offset decay on the SPDR Gold Shares (GLD) , which tracks the price of gold.

Persons: Carter Braxton Worth Organizations: CNBC, NBC UNIVERSAL Locations: U.S, Saudi Arabia, China, Central

☆ How pregnancy changes the brain
▼ + stars: | 2024-09-16 | by ( Kristen Rogers | ) edition.cnn.com time to read: +8 min

CNN —Researchers have created one of the first comprehensive maps of how the brain changes throughout pregnancy, substantially improving upon understanding of an understudied field. What brain changes mean for parentsThe functional implications these brain changes may have for birthing parents have yet to be determined, said Dr. Elseline Hoekzema, head of the Pregnancy and the Brain Lab at Amsterdam University Medical Center, via email. However, some of Hoekzema’s previous work has indicated associations between pregnancy-related brain changes and the ways a birthing parent’s brain and body respond and bond to infants’ cues, Hoekzema added. These findings are also in line with animal studies showing brain changes that were critical for the onset and continuation of maternal care. “Of the 50,000 brain imaging articles published in the last 30 years, less than half of 1% focus on health factors unique to women, like pregnancy.

Persons: Elizabeth R, Chrastil, ”, Emily Jacobs, ” Jacobs, Jacobs, Jodi Pawluski, Pawluski wasn’t, Magdalena Martínez García, wasn’t, Elseline Hoekzema, Hoekzema wasn’t, Hoekzema, ” Pawluski, “, ” Hoekzema, Pawluski, haven’t, Ann S, Bowers, Chan Zuckerberg, we’ve Organizations: CNN —, Neuroscience, University of California, UC Santa Barbara, Jacobs Lab, Amsterdam University Medical Center, Brain Health Initiative Locations: Santa Barbara, France, Spain

☆ Homebuilder stocks are 'priced for perfection,' investors needs to see lower rates driving demand
▼ + stars: | 2024-09-16 | by ( Brian Evans | ) www.cnbc.com time to read: +5 min

Stocks in the firm's coverage universe have "significantly front-loaded expected rate cut benefits, well in excess of prior fed cycles," he said. The chances of a smaller 25 basis point cut have fallen to a 41% chance. Barclays analyst Matthew Bouley is watching the data very closely as well and said a lot will depend on how consumers react as mortgage rates fall. Bouley said this is one of the clearest signs yet that a recent decline in mortgage rates is bringing buyers into the market. Slightly more than half the analysts who cover the stock rate it a buy or overweight, it said.

Persons: Mike Dahl, Dahl, Toll, Taylor Morrison, Matthew Bouley, Bouley, Horton Organizations: Federal Reserve, RBC Capital Markets, Tri, Tri Pointe Homes, Toll, RBC, KB, Barclays Locations: Tri Pointe, staving, Horton

☆ Jordan Chiles appeals ‘unfair’ decision that cost Olympic medal
▼ + stars: | 2024-09-16 | by ( Thomas Schlachter | Kevin Dotson | ) edition.cnn.com time to read: +2 min

CNN —Jordan Chiles filed an appeal of the decision that led to the US gymnast being stripped of an Olympic bronze medal, her attorneys announced Monday. Chiles was stripped of her first individual Olympic medal after the Romanian gymnastics team challenged the decision to revise her final score in the floor exercise to the Court of Arbitration for Sport (CAS). Chiles has now opted to appeal CAS’ decision to the Federal Supreme Court of Switzerland – where CAS is based. “Jordan Chiles’ appeals present the international community with an easy legal question—will everyone stand by while an Olympic athlete who has done only the right thing is stripped of her medal because of fundamental unfairness in an ad-hoc arbitration process? The United States Olympic and Paralympic Committee (USOPC) said they are determined to see Chiles receive the recognition she deserves.

Persons: CNN — Jordan Chiles, Chiles, Romania’s Ana Bǎrbosu, ”, “, “ Jordan Chiles ’, Maurice M, Suh, ” Suh, Jordan’s, Jordan, “ Chiles Organizations: CNN, Sport, CAS, Federal, United States Olympic, Paralympic, CNN Monday Locations: Romanian, Switzerland

☆ Here are Monday's biggest analyst calls: Tesla, Nvidia, Apple, Oracle, Carvana, Micron, Sprouts, Zillow, Coca-Cola & more
▼ + stars: | 2024-09-16 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are the biggest calls on Wall Street on Monday: Evercore ISI reiterates Alphabet as outperform Evercore says it's sticking with shares of the search giant. Morgan Stanley reiterates Micron as equal weight Morgan Stanley lowered its price target on the stock to $100 per share from $140. Morgan Stanley reiterates Tesla overweight Morgan Stanley says it's sticking with its overweight rating heading into Tesla's robotaxi day on Oct. 10. Morgan Stanley upgrades Ase Technology to overweight from equal weight Morgan Stanley said in its upgrade of Ase that the chipmaker's stock is defensive. Morgan Stanley upgrades Chart Industries to overweight from equal weight Morgan Stanley says the gas liquefication company has "significant exposure to both energy transition and renewables as well as traditional energy."

Persons: Evercore, Morgan Stanley, Tesla, Simon, Eaton, Wells, Pro Max, Carvana Evercore, Jack Sinclair, Curtis Valentine, Merchant Scott Neal, BTIG, Truist, Melius Organizations: DOJ, Micron, Technology, Industries, Citi, downgrades Colgate, Palmolive, CL, Barclays, GE, GE Vernova, JPMorgan, Apple, Pro, Ally, Mizuho, Oracle, " Bank of America, Nvidia, Bank of America Locations: Tesla's, Staples

☆ Turkey's 'balancing act' with BRICS may stoke NATO fears, but the West needn't be too worried, analysts say
▼ + stars: | 2024-09-15 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +6 min

Read previewEarlier this month, a spokesperson for Turkey's ruling AK Party said that a process was "underway" for Turkey to join the BRICS group of emerging-market nations. He now appears to be seeking to maintain what experts have dubbed a "balancing act" between its relations with the West, Russia, and China. "Even if Turkey does join BRICS, I do not believe it is going to lead to a fundamental redefinition of Turkey's relationship with the West." Advertisement"Understanding and collaborating with Turkey's perspective can enhance US and NATO relations with Turkey, irrespective of potential administrative changes in Ankara," Can wrote in an article for the Wilson Center. For its part, the US has remained relatively quiet following the news that Turkey's BRICS ambitions may be inching forward, which Aydintaşbaş said was likely a savvy move aimed at avoiding a public dispute.

Persons: —, Omer Celik, Tayyip Erdoğan's, Aydintaşbaş, Erdogan, Bulent Aliriza, Yusuf, Aliriza, there's, Turkey's Organizations: Service, AK Party, Reuters, Business, United, Saudi, NATO, EU, West, Brookings Institution, Russia, China, Eurasia Program, Center for Strategic, International Studies, Middle, Wilson Center, Wilson, of Europe, France Locations: Turkey, Ankara, Turkish, Brazil, Russia, India, China, South Africa, Ethiopia, Iran, Egypt, United Arab Emirates, Saudi Arabia, Ukraine, United States, Europe, France, West, Russian, U.S, Washington, Kazan

☆ A Fed rate cut may lend a helping hand to Chinese stocks. Or not.
▼ + stars: | 2024-09-15 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

By extension, the move in Washington, D.C. could also spell good news for Chinese stocks. High U.S. interest rates relative to China have made it fairly straightforward for global institutions to pick U.S. Treasurys over Chinese stocks. More than lower rates needed Other global investors say Chinese stocks need more than easier monetary policy to become truly attractive. The "government can push interest rates down, but if households don't want to spend the extra income, it won't go into the economy," he said. Earlier this year, People's Bank of China Governor Pan Gongsheng acknowledged U.S. Fed easing would create room for China to further cut interest rates.

Persons: Steven Sun, Laura Wang, Morgan Stanley, Aaron Costello, Yi Gang, Costello, James Wang, Wang, Pan Gongsheng Organizations: U.S . Federal Reserve, HSBC, HSBC Qianhai Securities, Nasdaq, U.S, Treasury, Cambridge Associates, CNBC, People's Bank of China, UBS Investment Bank Research, UBS, Hang Seng China Enterprises, China Southern Airlines, Hengli Petrochemical, Saudi, Aramco Locations: China's, Washington ,, China, 1H24, Asia, U.S, Beijing, Hang, Shenzhen, Shanghai

☆ Oracle gave a glimpse of the power AI has on its business. Where investors should look next
▼ + stars: | 2024-09-15 | by ( Paulina Likos | ) www.cnbc.com time to read: +10 min

For the past three years, software stocks have suffered as revenue growth softened, and investors remain skeptical about when it will return. For Oracle, that's its cloud infrastructure — a service that has improved Oracle's fundamental growth story, Walravens argued. This strategic move positioned Oracle as a key player in AI, fueling growth in its infrastructure as a services (IaaS) business. Oracle Cloud Infrastructure is central to this growth, offering a suite of services for AI-driven workloads. SAP YTD mountain SAP stock performance year-to-date.

Persons: Raimo Lenschow, Pat Walravens, Walravens, Bernstein, Mark Moerdler, tailwinds, Goldman Sachs, Amy Hood, it's, Keith Bachman, Bachman Organizations: Oracle, Nvidia, Barclays, Investors, Software, Services, Microsoft, SAP, Citizens, CNBC, Google, Oracle Cloud Infrastructure, Microsoft Microsoft, AI Services, Wall, BMO

“My father, who had experience in the food industry, told me at first to do something else. He said it’s too hard, it’s too much work, too many hours,” Pulido told NBC News. Since then, Pulido has expanded her dining area and her kitchen, she told NBC News. “The week that I was sworn in was the week that I delivered my last baby,” she told NBC News. This year, she was recognized with the 2024 Latino Spirit Award from the California Latino Legislative Caucus for her achievement in public service and health.

Persons: Kenny Luna, Luna, “ campo, Scott Hattis, Hattis, Dominican —, Yadi Garcia, ” Luna, ”, “, Loisa, Ana Liz Pulido, ’, Oscar ”, Beard, Ana Liz Taqueria, she’s, ” Pulido, Pulido, Dr, Diana E, Ramos, California’s, ” Ramos, ” Dr, Nadine Burke, Kimberly White, California Cristina Rivera Garza, Cristina Rivera Garza, “ Liliana’s, Rivera Garza —, MacArthur, Rivera Garza Organizations: Dominican dad’s New, Dominican, New York, NBC News, Mexican, NBC, OB, California Latino Legislative Caucus, Latina, South Central, Justice, University of Houston, U.S Locations: Dominican dad’s New York City, ”, Dominican, Caribbean, New, Side, Puerto Rican, U.S, Texas, Mexican American, Mission , Texas, Mission, California, South, South Central Los Angeles, Sacramento, Mexican, Mexico

Abortion rights opponents had argued in a pair of lawsuits that the amendment to expand abortion rights violated a state rule that says a ballot proposal must only address one subject. Matt Heffron, a senior counsel for a firm that argued against allowing the abortion rights initiative to stay on the ballot, slammed the high court's ruling. Colorado, New York and Maryland are the liberal-leaning states with abortion ballot measures. Arizona and Nevada — two key battleground states in the presidential election — also have abortion ballot initiatives. That same year, Kansas voters cast ballots against a proposed amendment which would have removed language guaranteeing abortion rights in the state.

Persons: ”, Matt Heffron, Heffron, Allie Berry, Berry, — Organizations: Nebraska Supreme, Thomas More Society, American Civil Liberties Union Locations: Nebraska, state’s, Chicago, Nebraska’s, ” Nebraska, Montana , South Dakota , Missouri, Florida . Colorado , New York, Maryland, Arizona, Nevada, Ohio , Kansas, Kentucky, Ohio, state's, Kansas

☆ Elon Musk's ideas about government efficiency are all wrong, political scientists say
▼ + stars: | 2024-09-14 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +8 min

But two political scientists told Business Insider that Musk's desire to run the US government like a private business — an approach many private sector professionals have supported for decades — isn't as foolproof as the CEO might think. AdvertisementTrump, a businessman turned politician, based much of his first presidential campaign on the notion that his experience in the private sector would guide his approach to politics. "In the private sector, the motive is profit. "But inefficiency in the private sector isn't the same." Advertisement"A business isn't really self-correcting, at least not as easily as government is," Crouse said.

Persons: —, Elon, Trump, Musk, Hillary Clinton, he's, it's, Patricia Crouse, Grose, Al Gore, Cynthia Johnson, Ronald Reagan, George W, Bush, isn't, Elon Musk, Crouse Organizations: Service, Summit, Business, Trump, University of New, University of Southern, Reinventing, Community Initiative, Washington, Twitter Locations: Los Angeles, University of New Haven, University of Southern California, Reaganomics, Texas, Pennsylvania, America

☆ My husband and I are child-free. Sometimes, I worry we'll regret it.
▼ + stars: | 2024-09-14 | by ( Alix Campbell | ) www.businessinsider.com time to read: +5 min

Though my husband didn't want kids, he also never pushed me either way, which I'm grateful for. It mostly consists of other childless couples (or couples with grown-up children), surfers, business owners and freelancers, and expats from countries like Germany, Poland, France, Venezuela, and Spain. Related storiesI started questioning things after a couple we know had a babyRecently, though, our perfectly crafted child-free lifestyle has been turned upside down. Will we regret our decision to live on our own terms without the chaos and beauty of raising a child? I'm picturing my husband and me — all shriveled up and gray — sitting at an empty dinner table, just the two of us.

Persons: Lachlan, we'd, we've, Alix Campbell, Alix Campbell I'm, I'm, —, they'll Organizations: Service, Business, Netflix Locations: Nicaragua, Australia, Austria, Western Algarve, Portugal, Germany, Poland, France, Venezuela, Spain

☆ Just Stop Oil demanded climate action. Their protests have landed them in prison
▼ + stars: | 2024-09-14 | by ( Kara Fox | ) edition.cnn.com time to read: +16 min

Just Stop OilThe laws were purpose-built to target protest groups like Just Stop Oil. ExxonMobil told CNN that they do not currently fund Policy Exchange or American Friends of Policy Exchange, but did not answer questions about past funding. The UK’s lengthy jail terms stand out globally, but the creeping clampdown on disruptive climate protest is also happening elsewhere. Leon Neal/Getty ImagesThe Just Stop Oil case amplifies the near erasure of legal defenses available to protesters who take part in disruptive demonstrations. The same report compared Just Stop Oil to “terror groups” and recommended their actions be banned.

Persons: Cressie Gethin, “, — Louise Lancaster, Daniel Shaw, Lucia Whittaker, Abreu, Roger Hallam, —, ” —, ” Gethin, Michael Forst, “ ’, ’ ” Cressida Gethin, Jodie Beck, Toby Melville, Rishi Sunak, ” Sunak, Gethin, ”, ALEC, Exxon’s, Stephanie Keith, UN’s Forst, Leon Neal, ” Tim Crosland, — Lord Walney, John Woodcock —, Israel . Woodcock, Henry Nicholls, Beck, ” Beck, she’s Organizations: London CNN, Prosecutors, CNN, HMP, Airport, Big Oil, Conservative, International Energy Agency, Labour, London, Police, Amnesty International, Liberty, Stop, ExxonMobil, Exchange, Atlas Network, of Policy, London Metropolitan Police, Met Police, Global, US Civil Rights, Climate Rights International, International Center, Profit, Dakota Access Pipeline, American Legislative Exchange Council, Chevron, Energy, Center for Media, Democracy, Dakota, Pipeline, Oil, Palestine, British, Reuters Locations: North, London, HMP Bronzefield, London’s, —, US, Germany, France, Australia, Mandan , North Dakota, United Kingdom, Israel, England, Northern Ireland

☆ Buy stocks like Nvidia to cash in on the AI data center wave, Bank of America says
▼ + stars: | 2024-09-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Bank of America highlighted a host of stocks that are worth snapping up — including a few names benefiting from the artificial intelligence and data center revolution. Johnson Controls "Best-in-class data center assets and change is coming. … Leading position in data centers JCI is on track to generate ~$4bn from data centers, or ~14% of revenue in FY24E. JCI's data center exposure compares to Trane Technologies' ~4% and Carrier's ~3%, by our estimate. … We rate Broadcom Buy due to its high-quality diversified exposure to secular product cycles in the smartphone, cloud data center, telecom and enterprise storage markets."

Persons: Alexander Waters, Waters, Dycom, Johnson, it's, Andrew Obin, Obin, George Oliver, Vivek Arya, Arya's, Arya Organizations: America, CNBC, Bank of, National Grid, Broadcom, Nvidia, Johnson, Dycom Industries, government's Broadband Equity, Dycom, JCI, Johnson Controls, VMware, Industries, Trane Technologies Locations: FY24E

☆ Driver charged in deaths of NHL’s Johnny Gaudreau and his brother had blood-alcohol level above the legal limit
▼ + stars: | 2024-09-13 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

PHILADELPHIA — The driver charged with killing NHL hockey player Johnny Gaudreau and his brother Matthew as they bicycled on a rural road had a blood-alcohol level of .087, above the .08 legal limit in New Jersey, a prosecutor said Friday. “He’s a good person, and he made a horrible decision that night.”Brothers Johnny Gaudreau and Matthew Gaudreau on Feb. 10, 2014, in Boston. He had been driving aggressively behind a sedan going just above the 50 mph speed limit, sometimes tailgating, the driver told police. Johnny Gaudreau, known as “Johnny Hockey,” played 10 full seasons in the league and was set to enter his third with the Columbus Blue Jackets after signing a seven-year, $68 million deal in 2022. And they noted that he tested just over the legal limit, adding that a recent knee surgery likely impacted the field test.

Persons: Johnny Gaudreau, Matthew, Gaudreau, Sean M, Higgins, ’ ”, Jonathan Flynn, ”, Matthew Portella, “, Matthew Gaudreau, Richard T Gagnon, Flynn, Michael J, Silvanio, Higgins ’, Johnny Hockey, Widows Meredith, Madeline Gaudreau, Matty, John, Higgins’s Organizations: PHILADELPHIA, NHL, Columbus Blue Jackets, Calgary Flames, North, ” Defense Locations: New Jersey, South Jersey, Woodstown , New Jersey, Salem County, Boston, Iraq, North America

The Pennsylvania Supreme Court ruled Friday that mail ballots that are improperly dated won't be counted in November, a move that could have major implications in the closely divided battleground state. The decision reverses a lower court ruling from last month that found it was unconstitutional to reject mail ballots that had a missing or incorrect date. "This makes mail voting in the Keystone State less susceptible to fraud," he said. "Today’s procedural ruling is a setback for Pennsylvania voters, but we will keep fighting for them. Democrats have utilized mail voting more heavily than Republicans in recent elections in Pennsylvania and elsewhere.

Persons: Michael Whatley, Steve Loney, Joe Biden, Donald Trump, Votebeat, Kamala Harris, Democratic Sen, Bob Casey, Dave McCormick Organizations: Republican National Committee, Pennsylvania Republican Party, Commonwealth, ACLU, Public Interest Law, Pennsylvania, Trump, Democratic Locations: Pennsylvania, Keystone

☆ Goldman Sachs loves these 4 top European stocks — giving one 110% upside
▼ + stars: | 2024-09-13 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Four U.K.-listed stocks — one of which was given 110% upside — are among Goldman Sachs' European conviction list. While the S & P 500 fell by 5.85% in the first week of August, the FTSE 100, an index of the 100 largest London-listed stocks, outperformed by falling by only 2.4%. .FTSE .SPX 5Y line The investment bank said the FTSE 100 "can also provide good diversification from the concentrated and Tech-heavy S & P 500 ." The bank notes that SSE's "leading capabilities vs. peers position it well to capture this investment growth." The investment bank said the company "is at the start of a revenue acceleration" supported by increasing market share and expansion into new markets.

Persons: Goldman Sachs, Goldman, Sharon Bell, Tufan Erginbilgic, LSEG Goldman, LSEG Organizations: FTSE, SPX, Tech, BT Group, Royce, London Stock Exchange, BT, London Stock Exchange Group, Bloomberg, Microsoft Locations: British, London, United States

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