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☆ There’s too much negativity about the stock market. Focus on these 3 positives instead
▼ + stars: | 2024-10-06 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

After all of these years, after all of the rather incredible rallies and gains in the stock market from so many groups, the typical morning still starts with a bevy of negativity. We hear about OpenAI and its brilliant $167 billion valuation , but we don't see any stock available to public-market investors. I have been furious at myself for thinking the Chinese government couldn't do anything about the country's struggling stock market. The Chinese stock market has been rallying nicely since the stimulus announcements. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: —, Elon Musk, he's, isn't, Carl Quintanilla, David Tepper, holler, That's, that's, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Federal Reserve, Walmart, Fed, SpaceX, Nike, Walgreens, CVS Health, Club, GE Healthcare, Wynn Resorts, Chinese Communist Party, Apple, PDD Holdings, JD.com, Baidu, Diamondback Energy, Exxon Mobil, CNBC, New York Stock Exchange, Getty Locations: U.S, China, —, New York City

☆ San Jose Japanese American farm from early 1900s to be demolished for urban housing
▼ + stars: | 2024-10-05 | by ( Claire Wang | ) www.nbcnews.com time to read: +6 min

In San Jose, a center of California’s housing crisis, one of the oldest and last remaining Japanese-owned farms in the state will be demolished to pave the way for urban housing. San Jose is home to one of only three existing Japantowns in the country and the only one built on agricultural roots. In July, the San Jose City Council voted to turn the Sakauye family’s 23-acre fruit orchard into a mixed-used development constituting nearly 1,500 apartment units and town houses. Vanessa Hatakeyama, the acting director of the Japanese American Museum of San Jose, said the Sakauye farm is a remnant of San Jose’s agricultural landscape — one that was built by Japanese immigrants — before it was transformed by the tech and suburban housing booms. In July, the San Jose City Council voted to turn the Sakauye family’s 23-acre fruit orchard into a mixed-used development constituting nearly 1,500 apartment units and town houses.

Persons: Vanessa Hatakeyama, ” Hatakeyama, they’d, Eichii, Ed ” Sakauye, Yuwakichi, Sakauye, of San Jose Eichii Sakauye, Edward Seely, “, ”, Rosemary Kamei, Kamei’s, Kamei, Ben Leech, Carolyn Sakauye, Jane May, Leech Organizations: San Jose City, Japanese American Museum of San, ” Preservation, ., Preservation, of San, City, city’s Department of Parks ,, Neighborhood Services Locations: Jose, San Jose, Japanese American Museum of San Jose, Silicon, California, Heart Mountain , Wyoming, Heart, of San Jose

☆ As Trump returns to assassination attempt site, Secret Service is “at a breaking point,” officials say
▼ + stars: | 2024-10-05 | by ( Sarah Fitzpatrick | Sarah Fitzpatrick Is A Senior Investigative Producer | Story Editor For Nbc News. She Previously Worked For Cbs News | ) www.nbcnews.com time to read: +11 min

As Donald Trump visits Butler, Pa., today for the first time since he narrowly survived an assassination attempt there, current and former Secret Service agents fear another security lapse. One law enforcement official told NBC News that the Secret Service is “stretched virtually to the breaking point.”“I hate to say it, they are going to hit rock bottom fast” said one former Secret Service agent. “The Secret Service is upside down on that, maybe operational 99% and 1% training," the former official said. Current and former officials are also concerned about a mass exodus of Secret Service personnel over the next 18 months. U.S. officials say that the challenges at the Secret Service will require a range of changes to ensure long-term stability.

Persons: Donald Trump, Butler, ”, ” Anthony Guglielmi, Paul Eckloff, Obama, President Trump, Eckloff, Camp David, ” Guglielmi, Ron Rowe, Barack Obama, “, Daniel Slim, Kamala Harris, it’s, you’re Organizations: Secret, Secret Service, NBC News, Trump, Service, Agents, United Nations General Assembly, Homeland Security, Getty, U.S . Navy Locations: Pa, “, United States, Camp, New York, AFP, U.S, ”

☆ I moved my family from Dallas to a small city in Missouri. I miss the diversity of food in Texas, but the cost of living is much cheaper here.
▼ + stars: | 2024-10-05 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +7 min

Josh Hartman and his family moved from Texas to Missouri in 2021 when he started a new job. But Hartman and his wife are happier with their kids' education in Missouri. AdvertisementThis as-told-to essay is based on a conversation with Josh Hartman, a 42-year-old operations manager who moved with his family from Dallas to Sikeston, Missouri, in 2022. We moved to Sikeston, Missouri, in 2022We moved primarily for work, but the location played a big part, too. Then we moved to Texas, and it was summer nine months out of the year.

Persons: Josh Hartman, Hartman, —, We've, It's, we've, We're, they're Organizations: Dallas, Service Locations: Texas, Missouri, Dallas, Sikeston , Missouri, Kansas, Minnesota, DFW, It's, Nashville, Louisville , Kentucky, Louis, Memphis, Springfield , Missouri, We've

☆ When threats of violence at school flare up, parents in America face ‘an impossible situation’
▼ + stars: | 2024-10-05 | by ( Michelle Krupa | ) edition.cnn.com time to read: +9 min

The mass attack at Winder’s Apalachee High School was at least the year’s 45th school shooting in America. It typically gets 500 in a year, according to an academic study that claims it’s one of the first to quantify more than 1,000 threats of school violence over four academic years. Emily Elconin/Getty ImagesNo agency or group tracks all threats of US school violence, from possible gun attacks to bombings to any other conceivable danger. Atlanta Public Schools hadn’t warned caregivers so broadly of possible danger like this in at least a year, he said. The Fulton County Sheriff’s Office sent 11 motor and K-9 units to help that day, it later told CNN; the Atlanta Police Department deferred CNN’s questions to Atlanta Public Schools.

Persons: “ it’s, –, Emily Elconin, ”, Seth Coleman, didn’t, It’s, “, She’s, I’m, Coleman, she’d Organizations: CNN, Atlanta CNN, Atlanta Public, pinged, Apalachee High, Oxford High School, Psychological, Sheriff’s, Atlanta Public Schools, ., Atlanta Police Department, Atlanta Public Schools . School, ”, Infrastructure Security Agency, FBI Locations: Atlanta, Winder , Georgia, America, Georgia, Florida’s Volusia County, Michigan, Apalachee, Fulton, Winder, . School, ”

☆ CVS is under pressure and considering a breakup. Here's why that could be risky
▼ + stars: | 2024-10-04 | by ( Annika Kim Constantino | Annika Kim Constantino Covers The Biotech | Pharmaceutical Industry For Cnbc Digital. | ) www.nbcnews.com time to read: +13 min

It’s time for a wellness check at CVS Health. But Caremark, in some cases, also funnels drug prescriptions to CVS retail pharmacies, he said. He said a spinoff of CVS’ retail pharmacies would be more likely. A general view shows a sign of CVS Health Customer Support Center in CVS headquarters of CVS Health Corp in Woonsocket, Rhode Island, U.S. October 30, 2023. Those actions will help the company achieve its target of 100- to 200-basis-points margin improvement in its Medicare Advantage business, CVS executives said in August.

Persons: Caremark, ”, eMarketer, Rajiv Leventhal, Karen Lynch, Lynch, Brian Kane, “, ” Jefferies, Brian Tanquilut, Elizabeth Anderson, Anderson, it’s, eMarketer’s Leventhal, ” Tanquilut, Ann Hynes, Tanquilut, “ they’re, they’re, Michael Cherny, Cherny, Faith Ninivaggi, Reuters Cherny, CVS, Tom Cowhey Organizations: CVS Health, CVS, CNBC, Aetna, Monday, Glenview Capital, Glenview, Evercore ISI, UnitedHealth, Humana, Walgreens, Street Health, Oak, Health, Mizuho, Amazon, Walmart, Oak Street, Leerink Partners, Affordable, Medicare, CVS Health Corp, Reuters, Centers, Medicaid Services Locations: U.S, Caremark, Aetna, Texas and Illinois, Woonsocket , Rhode Island

☆ North Korea leader Kim threatens to use nuclear weapons against the South if attacked
▼ + stars: | 2024-10-04 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

SEOUL, South Korea — North Korean leader Kim Jong Un said the country would not hesitate to use all available offensive forces including nuclear weapons if the enemy attempted to use force to encroach on its sovereignty, state news agency KCNA reported Friday. Kim criticized South Korean President Yoon Suk Yeol for threatening to end the North Korean regime at a military day event on Tuesday, saying the comment showed which side was destroying regional security and peace. DPRK is short for the Democratic People’s Republic of Korea, North Korea’s official name. North Korea has for decades pursued a nuclear weapons program and is believed to have enough fissile materials to build dozens of such weapons. Kim said “the enemies’ threatening rhetoric, action, trick and attempt did not check the DPRK’s powerful military strength and will not take away our nuclear weapons forever,” KCNA reported.

Persons: Kim Jong Un, KCNA, Kim, Yoon Suk, Yoon “, ” KCNA, “, Yoon, ”, ” Yoon Organizations: South, Democratic People’s Locations: SEOUL, South Korea, North, DPRK, Democratic People’s Republic of Korea, Korea, U.S, Pyongyang

☆ As Costco sells platinum, experts explain how the precious metal differs from gold
▼ + stars: | 2024-10-04 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

Costco sells a broad selection of gold and silver products, and now it's adding platinum to the mix. The wholesaler has already sold through multiple rounds of platinum coins and bars in the past week. AdvertisementCostco shoppers have been snapping up a broad selection of gold and silver products over the past year. Costco now offers platinum products online, including both bars and coins. Related storiesGoldCore's business is primarily in gold and silver, but Russell told BI that platinum makes up a "very small percentage" of what the company sells.

Persons: —, Gary Millerchip, Edward Sterck, Sterck, bode, Mindy Schauer, David Russell, Russell Organizations: Costco, Service, Canadian Mint, Platinum Investment Council, Media, Getty, ICE Locations: Swiss, Orange

☆ Looking to invest in the 'Magnificent Seven'? Dan Niles reveals the 2 he likes
▼ + stars: | 2024-10-04 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

Hedge fund manager Dan Niles is particularly bullish on one tech stock going in to 2025. That stock is Meta Platforms — the tech giant behind social media platforms Facebook and Instagram as well as instant messaging app WhatsApp. META YTD mountain Year-to-date shares in Meta Platforms Meta is among the so-called "Magnificent Seven" stocks that several investors have been looking at favorably this year. Meta's "really the one that's using AI the best internally," Niles noted. 'Premium name' In addition to Meta, Niles is also keeping a watch on chipmaker Nvidia .

Persons: Dan Niles, Niles, CNBC's, Jensen Huang Organizations: Facebook, Niles Investment Management, Meta, Apple, Microsoft, Nvidia, Tesla, U.S

☆ Jon Steinlauf, WBD's Top Ad Salesman, to Leave. Read the Memo.
▼ + stars: | 2024-10-04 | by ( Lucia Moses | ) www.businessinsider.com time to read: +3 min

Discovery's top ad salesman, will leave at the year's end. Steinlauf's departure follows his role in merging ad sales units after the Discovery-WarnerMedia deal. Discovery's top ad salesman, will leave the media company at the end of the year, according to an internal memo from Bruce Campbell, WBD's chief revenue and strategy officer, that was shared with Business Insider. AdvertisementSteinlauf led Discovery's ad sales business starting in 2018 under Zaslav pre-merger, having joined Discovery through its acquisition of Scripps Networks. Read the memo about Steinlauf's departure from the company below:

Persons: Jon Steinlauf, —, Bruce Campbell, Turner, WBD, Comcast's NBCU, Marybeth Strobel, Ryan Gould, David Zaslav, Steinlauf Organizations: Warner Bros, Discovery, NBA, Service, Business, CNN, HBO, Disney, Paramount, Turner Sports, Zaslav, Scripps Networks

☆ Stocks making the biggest moves midday: Rivian, Abercrombie & Fitch, CVS, Spirit Airlines and more
▼ + stars: | 2024-10-04 | by ( Pia Singh | In | ) www.cnbc.com time to read: +2 min

Abercrombie & Fitch - Shares of the teen apparel retailer jumped nearly 8% after JPMorgan added it to its positive catalyst watch list. JetBlue shares jumped more than 15% on the news. Summit Therapeutics – The biopharmaceutical company added 2%. Other international shipping stocks saw losses as well, including Danish shipping giant Maersk at 5% . CVS Health — The company's shares added 3.3%.

Persons: Abercrombie &, Matthew Boss, Hollister, Tencent, — CNBC's Sean Conlon, Hakyung Kim, Christina Cheddar, Berk, Lisa Kailai Han Organizations: Abercrombie, Abercrombie & Fitch, JPMorgan, Spirit Airlines, JetBlue Airways —, Wall Street, JetBlue, Vistra, Nvidia, Therapeutics, Drug Administration, Ubisoft Entertainment, Bloomberg News, Ubisoft, SilverCrest Metals, Mining, Zim Integrated Shipping Services —, U.S, dockworkers, United States Maritime Alliance, Maersk, CVS Health, CNBC, CVS

☆ CVS is under pressure and considering a break up. Here's why that could be risky
▼ + stars: | 2024-10-04 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +11 min

In this article CVS Follow your favorite stocks CREATE FREE ACCOUNTA sign outside of a CVS pharmacy store on February 07, 2024 in Miami, Florida. That means Caremark also sits at the intersection of CVS' retail pharmacy operation and its Aetna insurer, boosting the competitive advantage of both of the businesses. A workers stocks the shelves in a CVS pharmacy store on February 07, 2024 in Miami, Florida. An Oak Street Health clinic stands in a Brooklyn neighborhood on February 08, 2023 in New York City. A general view shows a sign of CVS Health Customer Support Center in CVS headquarters of CVS Health Corp in Woonsocket, Rhode Island, U.S. October 30, 2023.

Persons: Joe Raedle, Caremark, Rajiv Leventhal, Karen Lynch, Lynch, Brian Kane, Jefferies, Brian Tanquilut, Elizabeth Anderson, Anderson, it's, eMarketer's Leventhal, Tanquilut, Ann Hynes, Spencer Platt, they're, Michael Cherny, Cherny, Faith Ninivaggi Organizations: Getty, CVS Health, CVS, CNBC, Aetna, Monday, Glenview Capital, Glenview, UnitedHealth, Humana, Walgreens, Street Health, Oak, Health, Mizuho, Oak Street Health, Amazon, Walmart, Oak Street, Leerink Partners, Affordable, Medicare, CVS Health Corp Locations: Miami , Florida, U.S, Aetna, Caremark, Brooklyn, New York City, Texas and Illinois, Woonsocket , Rhode Island

☆ US security officials warn of potential threats surrounding October 7th anniversary
▼ + stars: | 2024-10-04 | by ( Josh Campbell | ) edition.cnn.com time to read: +3 min

While not identifying any specific or credible threats to the United States, the advisory comes ahead of Monday’s anniversary of the October 7th attack in Israel and calls by foreign terrorist groups for violence against the West, the agencies said. The advisory also comes as Israel carries out deadly strikes against Hezbollah headquarters in Lebanon, and as it weighs a response to Iran’s recent ballistic missile attack. The New York Police Department increased patrols on Monday, a law enforcement source told CNN. The agencies assessed that foreign terrorist organizations will likely continue to “exploit narratives” surrounding hostilities involving Israel, Hamas, Hezbollah and Iran, in order to incite lone attackers toward violence in the US. So-called “lone wolves,” who are not formally part of a terror group, present an especially serious challenge to law enforcement, security sources have previously told CNN.

Persons: ”, “ Organizations: CNN, Hamas, FBI, Department of Homeland Security, West, The New York Police Department, Los Angeles Police Department, Police, DHS Locations: Israel, United States, Lebanon, Chicago , Miami, Philadelphia, Iran

☆ Stocks making the biggest moves premarket: Spirit Airlines, Summit Therapeutics, Rivian and more
▼ + stars: | 2024-10-04 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Spirit Airlines , JetBlue – Spirit plunged more than 38% following a report from The Wall Street Journal that the discount airliner is considering filing for bankruptcy. Shares of peer airline firm JetBlue, which was previously in talks to merge with Spirit, advanced nearly 6%. Zim Integrated Shipping Services – The international shipping company's stock fell more than 9% after U.S. dockworkers and the United States Maritime Alliance agreed to a tentative deal to end the strike on the East Coast and Gulf Coast ports. CVS Health – The company's shares added 1.5% as it is considering breaking itself up and undergoing a strategic review of its business. Chubb – The insurance company slipped more than 1% after Bank of America downgraded shares to underperform from neutral.

Persons: Hapag, Lloyd, Rivian, Chubb, SilverCrest, —, Jesse Pound, Brian Evans, Hakyung Kim, Pia Singh, Michelle Fox Theobald Organizations: Spirit Airlines, JetBlue, Wall Street Journal, Food and Drug Administration, Zim Integrated Shipping Services, U.S, dockworkers, United States Maritime Alliance, CVS Health, CVS, Bank of America, SilverCrest Metals, Coeur Locations: East Coast, Gulf Coast

☆ Rivian shares fall after EV maker slashes production forecast, misses Q3 delivery expectations
▼ + stars: | 2024-10-04 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

Shares of Rivian Automotive dropped about 8% during premarket trading Friday after the electric vehicle startup delivered fewer vehicles in the third quarter than analysts had expected and lowered its annual production forecast for 2024. The company said the lower production target — down from 57,000 units to between 47,000 and 49,000 — was because of a "production disruption due to a shortage of a shared component" for its R1 vehicles and commercial van. "This supply shortage impact began in Q3 of this year, has become more acute in recent weeks and continues. As a result of the supply shortage, Rivian is revising its annual production guidance to be between 47,000 and 49,000 vehicles," the company said in a statement. A Rivian spokesman said the component causing the problem is part of its in-house motors, but he declined to disclose any further details.

Persons: RJ, Morgan, We've Organizations: Rivian Automotive

Housing is one of many issues Vance, the Republican nominee, believes are rooted in the arrival of undocumented migrants in America. But many economists caution that connecting rising numbers of immigrants to housing costs is no simple thing. Other economists have noted links between immigrants and increased housing costs. Vance later shared two studies on housing and immigration that showed a link between increased immigration and rising housing costs — though each offered various caveats, including noting that the impact changes over time. Indeed, Zillow data shows a clear upward trend in Springfield rents this year compared with 2023.

Persons: America’s, Sen, JD Vance, Tim Walz, Vance, you’ve, ” Vance, Donald Trump, Walz, ”, ” Walz, Kamala Harris, Ernie Tedeschi, Joe Biden, Vance’s, Michelle Bowman, Chris Herbert, Herbert, Sharon Cornelissen, Bryan Heck, Democratic Sen, Sherrod Brown, Heck, ” Heck Organizations: Minnesota Gov, Republican, CBS, Democratic, NBC, White House, Federal, Cato Institute, Harvard University’s, for Housing Studies, Consumer Federation of America, NBC Boston Locations: Ohio, America, Springfield , Ohio, U.S, New York City, Los Angeles, Dearborn, Hamtramck, Detroit, Brockton , Massachusetts, Haiti, Cape Verde, Central, South America, Springfield, Washington

☆ The AV1 robot is helping sick children attend school
▼ + stars: | 2024-10-03 | by ( Nadia Leigh-Hewitson | ) edition.cnn.com time to read: +5 min

For young people undergoing long-term treatment or struggling with mental health issues, Norwegian company No Isolation developed the AV1 robot, which can take a child’s place in class, serving as their eyes, ears, and voice, and helping them stay connected with their classmates. “They make the child important”The UK’s Chartwell Cancer Trust has a supply of 25 AV1 robots it provides to children with serious illness. Founding trustee Michael Douglas told CNN that the robots enable children to stay engaged with their education even while in intensive care. Last August, No Isolation rolled out AV1 Academy, a library of training materials and resources aimed at improving the usability of the robot. “Removing that pressure to be on camera, we’ve seen, increases the likelihood of the robot being used for students with emotionally based school avoidance,” Salisbury said.

Persons: it’s, ”, Florence Salisbury, Salisbury, Markus Haner, ” Salisbury, AV1, Michael Douglas, “, we’ve Organizations: CNN, Cancer, Moulsham High, Digital Health, AV1 Academy Locations: Germany, Warwickshire, England, Japan, Salisbury

Facing what could be months without a steady water supply, the only solution for Mission Hospital was to dig a well. Access to clean water was also wiped out. Port-a-potties outside of Mission Hospital. People visiting patients at Mission Hospital seemed satisfied with the care provided. Another Mission Hospital visitor who did not want to be named said the facility had people from multiple departments working together.

Persons: Helene, ”, Hannah Drummond, Drummond, Minyvonne Burke, “ It’s, ” Drummond, Helene “, “, Stirling Barlow “ It’s, Mark Thompson Organizations: Mission, National Nurses United, Mission Hospital, NBC, Food, “, NBC News, Healthcare, “ Staff Locations: Asheville, North Carolina, Asheville , North Carolina

☆ OpenAI gets $4 billion revolving credit line, giving it more than $10 billion in liquidity
▼ + stars: | 2024-10-03 | by ( Hayden Field | ) www.cnbc.com time to read: +4 min

OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion, CNBC has learned. The base credit line is $4 billion, with an option to increase it by an additional $2 billion. Led by Thrive Capital, which planned to invest $1 billion, investors included existing backer Microsoft as well as chipmaker Nvidia. SoftBank, Khosla Ventures, Altimeter Capital, Fidelity Management & Research Company, MGX and Tiger Global also participated, according to sources familiar with the situation. Earlier this year, OpenAI was valued at a reported $80 billion, up from $29 billion in 2023.

Persons: Sam Altman, OpenAI, Goldman Sachs, Morgan Stanley, Mira Murati, Bob McGrew, Barret Zoph, Altman, Bret Taylor, Sam, Taylor Organizations: CNBC, JPMorgan Chase, Citi, UBS, HSBC, Microsoft, Nvidia, SoftBank, Khosla Ventures, Fidelity Management & Research Company, Tiger Global, The New York Times Locations: Santander, Wells Fargo, SMBC

KYIV, Ukraine — Russian troops on Wednesday took charge of the eastern Ukrainian town of Vuhledar, a bastion that had resisted intense attacks since Russia launched its full-scale assault in 2022. Russian Telegram channels, however, published video of troops waving the Russian tricolor flag over shattered buildings. Russia has been using pincer tactics to trap and then constrict Ukrainian strongholds. Russian bloggers said Russia could now try to push towards Velyka Novosilka, just over 20 miles to the west. Russian forces currently control 98.5% of the Luhansk region and 60% of the Donetsk region.

Persons: Vladimir Putin, Ukrainsk, Novosilka Organizations: Russian, 72nd Mechanized Brigade, Facebook, Russian Telegram, Vuhledar, Armed Forces of Locations: KYIV, Ukraine, Ukrainian, Vuhledar, Russia, Donetsk, Luhansk, Moscow, Russian, Kyiv, Crimea, Russia’s Kursk, Pokrovsk, “, Armed Forces of Ukraine

☆ Ford's third-quarter sales up 0.7% as GM overtakes it in EVs
▼ + stars: | 2024-10-02 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

A banner advertises the Ford Mustang Mach-E electric vehicle at a Ford dealership on August 21, 2024 in Glendale, California. DETROIT – Ford Motor lost its lead in electric vehicle sales to crosstown rival General Motors during the third quarter, as the automaker's EV growth slowed. Ford on Wednesday reported a 0.7% increase in third-quarter U.S. new vehicle sales, including a 12.2% increase in EVs compared with a year earlier. The third-quarter results for Ford contributed to a 45% increase in EV sales this year through September to 67,689 units. The South Korean automaker remains a distant second in U.S. EV sales to market leader Tesla .

Persons: Ford, Tesla Organizations: Ford, Ford Motor, Motors, GM, Hyundai, Kia, South Korean Locations: Glendale , California, DETROIT, EVs, U.S

☆ Gen Z's New Side Hustle: Getting Rich As Airbnb Super Hosts
▼ + stars: | 2024-10-02 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +11 min

Arbitrage hosts like Anderson take to TikTok, YouTube, and Instagram to offer advice and promote paid courses on how to start and build your own short-term-rental empire. A 25-year-old TikToker with the handle @airbbnbmastery101 titled one video "How to quit your job in 2024 and get rich." There's no way to know for sure how popular Airbnb arbitrage is. Related storiesBut Airbnb arbitrage, in theory, isn't illegal; it depends on local laws governing how short-term-rental properties are licensed. DeRose says that he regrets working in short-term-rental arbitrage and that "it's very clearly hurting" the housing market.

Persons: Hailie Anderson, factly, Anderson, —, Donald Trump, Dave Ramsey, Trump, Inayah McMillan, — tycoons, TikTok, she's, Airbnb, Jamie Lane, Alfred, They're, there's, Lane, Konrad Bicher, Wolf, Bicher, Tom DeRose, It's, it's Organizations: YouTube, HGTV, Target Locations: Austin, Salt Lake City, Nashville, Florida, New York, Cities, Barcelona, Europe, Asia

☆ New videos show US Navy warship firing interceptors to fend off Iranian ballistic missiles launched at Israel
▼ + stars: | 2024-10-02 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

US Navy destroyers fired interceptors to defend Israel from Iran's ballistic missile attack Tuesday. A new video shows one of the destroyers — USS Bulkeley — launching its interceptors. AdvertisementNew video footage shared by the US Navy shows an American destroyer firing interceptors to engage the Iranian ballistic missiles launched at Israel on Tuesday. The ships involved in Tuesday's engagement were USS Cole and USS Bulkeley. AdvertisementThe guided-missile destroyer USS Bulkeley, which played a role in shooting down Iranian missiles that were fired at Israel on Tuesday.

Persons: Bulkeley, —, Bill Urban, Cole, USS Bulkeley, Urban, Hassan Nasrallah, Ismail Haniyeh, Daniel Hagari, Jake Sullivan, Pat Ryder, Zac Shea, Kamala Harris, Israel — Organizations: Navy, Service, US Navy, Israel, US Naval Forces, Combat, Business, . White, National, Pentagon, American Locations: US Naval Forces Europe, Africa, Israel, Iran, Tehran, Iranian

☆ OpenAI closes funding at $157 billion valuation, as Microsoft, Nvidia, SoftBank join round
▼ + stars: | 2024-10-02 | by ( Hayden Field | ) www.cnbc.com time to read: +4 min

OpenAI CEO Sam Altman speaks during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024. OpenAI has closed its long-awaited funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive roster of investment firms and big tech companies. Thrive planned to invest $1 billion in the round, CNBC previously reported. Earlier this year, OpenAI was valued at a reported $80 billion, up from $29 billion in 2023. There are also 11 million ChatGPT Plus subscribers and 1 million paying business users on ChatGPT, a person close to the company said.

Persons: Sam Altman, OpenAI, SoftBank, Sarah Friar, Friar, Mira Murati, Bob McGrew, Barret Zoph, Altman, Bret Taylor, Sam, Taylor Organizations: Microsoft, Nvidia, CNBC, New York Times, OpenAI, Italian Tech, Khosla Ventures, Fidelity, MGX, Tiger Global Locations: Redmond , Washington

☆ Tesla stock slips after EV maker misses estimates on deliveries
▼ + stars: | 2024-10-02 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +3 min

In the year-ago period , Tesla reported 435,059 deliveries and production of 430,488 EVs. Last quarter, the company reported 443,956 deliveries, and production of 410,831 vehicles. Deliveries are not defined in Tesla's financial disclosures, but are the closest approximation to units sold reported by the company. Analysts were expecting deliveries of 463,310 in the period ended Sept. 30, according to estimates compiled by FactSet StreetAccount. Tesla posted its third-quarter vehicle production and deliveries report on Wednesday.

Persons: Tesla, Li Auto, FactSet StreetAccount, Ford, Tesla hasn't, Elon Musk, Donald Trump, Musk Organizations: Li, Tesla, EV, Ford, General Motors, GM, Nasdaq, Hyundai Locations: China, Seattle , Washington, US, U.S

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