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Whereas cases of the STI in newborns increased by 30% annually in recent years — greatly alarming public health experts — the upward trend has decelerated. San Francisco’s Public Health Department was the first to recommend doxyPEP for gay and bisexual men and trans women, in October 2022. That helped trigger a long decline in condom use among gay and bisexual men in particular. The protocol, called doxyPrEP, demonstrated generally comparable efficacy at preventing STIs compared with doxyPEP studies among gay men. Public health experts have attributed this century’s surge in STIs, at least in part, to a steady defunding of state and local public-health clinics.

Persons: STIs, gonorrhea, Chlamydia, ”, Laura Bachmann, Julie Dombrowski, Pfizer’s, doxyPEP, MISTR, Jeffrey Klausner, Trump, ” Klausner, “ Organizations: Centers for Disease Control, Blacks, NBC News, MediaNews, Getty, University of Washington, Public Health Department, CDC, PrEP, Food and Drug Administration, HIV, University of Southern Locations: Seattle, gonorrhea, Chicago, New York, Africa, Puerto Rico, ”, Munich, Canada, Japan, University of Southern California

☆ Loyal dog helped solve owner's grisly murder as cousin jailed for life
▼ + stars: | 2024-11-12 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +3 min

A loyal dog that refused to leave his dead owner's side helped solve the case of her murder by allowing detectives to identify her body, prosecutors said. Mandy Rose Reynolds, 26, was shot before her body was “burned beyond recognition” in a field fire in Robinson, Texas. Prosecutors Ryan Calvert and Alyssa Killin and Investigator Keith Kunz along with Mandy Reynolds' dog, Titan. A search of Reynolds' car in Wichita led police to find a .380 handgun in the driver’s seat floorboard. Video also showed him leaving the store in Reynolds’ car and Titan sticking his head out the car window.

Persons: Mandy Rose Reynolds, Derek Daigneault, Reynolds, Ryan Calvert, Alyssa Killin, Keith Kunz, Mandy Reynolds, Mandy, Robinson, Daigneault, “ Organizations: Attorney’s, Titan . Police, Control, Robinson Police, San Marcos Police, Honda Accord, The Wichita Police Department, Walmart, Texas Department of Public Safety, Laboratory Locations: Robinson , Texas, McLennan, Wichita , Kansas, McLennan County, San Marcos , Texas, Wichita, Robinson, San Marcos Texas

☆ Singles’ Day shopping festival loses its shine under China’s lagging economy
▼ + stars: | 2024-11-12 | by ( Associated Press | ) www.nbcnews.com time to read: +4 min

HONG KONG — Businesses and consumers in China found the annual Singles’ Day shopping festival less attractive this year due to a sluggish economy, forcing e-commerce firms to look abroad for growth. While Singles’ Day was previously a one-day event, shopping platforms in China now kickstart the festival weeks ahead to drum up sales volume. But amid China’s lagging domestic economy, dragged down by a real estate crisis and deflationary pressures, consumers no longer go all out during the shopping extravaganza. Wang said that the prices offered on e-commerce platforms during Singles’ Day are not necessarily cheaper than usual. “I used to buy a lot two or three years ago and I even purchased a mobile phone (during Singles’ Day),” he said.

Persons: Alibaba, ”, —, “, Wang Haihua, Wang, we’ve, Zhang Jiewei, ” Zhang, Shaun Rein, ” Rein, Gucci, Jacob Cooke, ” Cooke Organizations: HONG KONG —, China Market Research Group Locations: HONG KONG, China, Singapore, Hong Kong, Beijing, Xi’an, Shanghai, “

☆ 13 research monkeys remain at large as S.C. authorities announce 5 more captured
▼ + stars: | 2024-11-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +2 min

Thirteen research monkeys were on the loose Monday after an additional five of the 43 primates that escaped from a research lab in South Carolina last week were captured unharmed, authorities said. The discoveries on Monday — first there were three, then two more — mean 13 of the Rhesus macaques remain outside the Alpha Genesis Primate Research Center in the town of Yemassee, South Carolina. In a statement, the Yemassee Police Department cited Alpha Genesis CEO Greg Westergaard for news of the day's discoveries. Over the weekend, Yemassee police said 25 of the escaped monkeys had been captured safely. Last week's escapees were described as very young Rhesus macaque females weighing just 6 to 7 pounds and, as yet, unexposed to research.

Persons: Greg Westergaard, Westergaard Organizations: Alpha Genesis Primate Research Center, Yemassee Police, Alpha, . Police Locations: South Carolina, Yemassee , South Carolina, Charleston

☆ London startup Agemo has exited stealth. Now, it's building AI reasoning for software to take on Poolside and Magic.
▼ + stars: | 2024-11-12 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +7 min

Agemo has exited stealth with $4 million to build AI that turns text prompts into software. Essentially, this required them to train their AI models to reason like a team of engineers. Agemo finds itself up against the likes of Poolside, which raised $500 million in October, and Magic, which raised $320 million in August. To combat this problem, Agemo is building AI systems that can "reason" in software. AdvertisementEurope's answer to Poolside and MagicTo differentiate it from competitors such as Poolside and Magic, the startup says it has developed a neurosymbolic AI system for software reasoning.

Persons: Agemo, Aymeric Zhuo, Osman Ramadan, —, IBM's Jonathan Adashek, Mehdi Ghissassi, Olivier Pomel, Zhuo, Ramadan, ChatGPT, we've, We've Organizations: Service, Firstminute Capital, Mistral, Fly Ventures, Cambridge University, Microsoft, Activision, BI Locations: DeepMind, OpenAI, Sudan, London, Europe, Bay

☆ OpenAI co-founder Greg Brockman returns after three months of leave
▼ + stars: | 2024-11-12 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

Greg Brockman speaks onstage at "OpenAI Co-founder on ChatGPT, DALL·E, and the Impact of Generative AI" during 2023 SXSW Conference and Festivals at Austin Convention Center on March 10, 2023 in Austin, Texas. OpenAI co-founder Greg Brockman has returned to the company as president, three months after announcing he would take a sabbatical "through end of year." In late September, OpenAI Chief Technology Officer Mira Murati announced she would depart the company after six and a half years. The same day, research chief Bob McGrew and Barret Zoph, a research vice president, said they were leaving. OpenAI co-founder Ilya Sutskever and former safety leader Jan Leike announced their departures in May, with Leike joining rival Anthropic.

Persons: Greg Brockman, OpenAI, Mira Murati, Bob McGrew, Barret Zoph, Ilya Sutskever, Jan Leike, Anthropic ., John Schulman, Lilian Weng, Brockman, Sam Altman, Altman, Altman's Organizations: Austin Convention Center, OpenAI, Leike, Anthropic, Google Locations: Austin , Texas

☆ This Trump trade is an underappreciated opportunity, says Janus Henderson
▼ + stars: | 2024-11-12 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Financial and energy stocks have jumped since last week's election, but there's another area of opportunity that investors could be missing out on, according to Janus Henderson. The market has rallied since President-elect Donald Trump' s victory, although it took a breather on Tuesday. However, financial stocks may have "gotten in a bit ahead of themselves," said Jeremiah Buckley, a portfolio manager at Janus Henderson. In addition, there is great research and development happening in health care right now, especially in health-care services, Buckley added. Among the funds Buckley oversees at Janus Henderson is the U.S. Dividend Income Fund .

Persons: Janus Henderson, Donald Trump, Jeremiah Buckley, Trump, Buckley, Eli Lilly, Amgen Organizations: Trump, P Health Care Services, UnitedHealth, Gilead Sciences

☆ Standing desks may harm your health, research finds
▼ + stars: | 2024-11-12 | by ( Jack Mcnamara | University Of East London | ) edition.cnn.com time to read: +5 min

The Conversation —The global market for standing desks is booming, projected to reach US$12.6 billion by 2032 (£9.7 billion). In response, standing desks emerged as a trendy solution, offering a way to reduce sitting time without drastically changing daily routines. But was there solid evidence to support the benefits of standing desks? Another study indicated that alternating between sitting and standing, combined with brief walks, was more effective for health than standing alone. Ultimately, while standing desks offer an alternative to prolonged sitting, they shouldn’t be seen as a complete solution.

Persons: don’t, didn’t, that’s, It’s, Jack McNamara Organizations: CNN Locations: Australia

☆ Want to cash in on China's stimulus? Here's what the pros expect next
▼ + stars: | 2024-11-12 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Chinese markets are back in the spotlight after a slew of government stimulus measures over recent weeks. "I think the right way of looking at what China's up to, really, is to see it as a process," he told CNBC's "Street Signs Asia" on Monday. His comments come as China's Ministry of Finance signaled Friday that more fiscal support could come next year . Stocks to watch As investors ponder how to navigate the Chinese market, Bernstein said there are attractive opportunities in "growth and high volume stocks [aligned] with policy led rebound." Both Tencent and Meituan trade on the Hong Kong Exchange and in the U.S. as American Depository Receipts (ADR) under the ticker TCEHY and MPNGY .

Persons: Jordan, CNBC's, we've, Paul Cavey, Donald Trump, Carey, Stocks, Bernstein, — CNBC's Evelyn Cheng, Michael Bloom Organizations: Pella Funds, Ministry, Finance, Asia Econ, Healthcare, China Internet, Hong, Hong Kong Exchange Locations: Pella, Asia, Real Estate, downgrades, China, Hong Kong, Tencent, U.S

☆ Amgen stock falls as analysts mull over weight loss drug’s bone density data
▼ + stars: | 2024-11-12 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

Shares of Amgen fell more than 7% Tuesday as analysts chewed over bone density loss data from an early-stage trial on its experimental weight loss injection, MariTide. Amgen did not immediately respond to a request for comment on the dataThe drug is a promising potential competitor in the weight loss drug market. "On one hand, patients could naturally lose bone mineral density during weight loss treatment," Brayer wrote. But Brayer said, "on the other hand, this could be a non-starter because there seems to be a dose-dependent increase" in bone mineral density loss. Amgen is also aware of the "hypothetical concern" of bone mineral density loss, Yee said, citing the firm's discussions with management.

Persons: Amgen, Eli Lilly, Cantor Fitzgerald, Olivia Brayer, Eli, Wegovy, Brayer, Jefferies, Michael Yee, Yee, Evan Seigerman, hasn't, Seigerman Organizations: Novo Nordisk, BMO

☆ Underwater robot spots a glowing ‘mystery mollusk’ in the ocean’s midnight zone
▼ + stars: | 2024-11-12 | by ( Ashley Strickland | ) edition.cnn.com time to read: +8 min

Investigating Bathydevius and its adaptations could reveal more about the midnight zone, which is the largest habitat on Earth and accounts for 70% of all seawater on the planet. A study describing the new species published Tuesday in the journal Deep Sea Research Part I. “The deep water column is maybe the last place you’d expect to find a nudibranch,” Robison said. The midnight zone is cold and dark and very forbidding to us terrestrial creatures, yet it is filled with life, albeit life forms adapted to a very different set of challenges than we face. The sea slug is bioluminescent, leading it to look "starry" when threatened.

Persons: Bathydevius, Bruce Robison, Steven Haddock, “ We’ve, ”, Robison, Haddock, Mariana Trench, ” Robison, Bathydevius caudactylus, ” Haddock, smothers, “, Bioluminescence Organizations: CNN —, Aquarium Research, Aquarium Research Institute, Tiburon, ”, National Oceanic, Atmospheric Administration Locations: Monterey, Monterey Bay, Coast, North America, Oregon, Southern California, Mariana, Mt, Everest

☆ What Trump's election victory means for global investors — and why it's different to 2016
▼ + stars: | 2024-11-12 | by ( Ganesh Rao | ) www.cnbc.com time to read: +6 min

President-elect Donald Trump's return to the White House has sent ripples through global financial markets, with many investors looking to recalibrate their portfolios for a dramatically different policy landscape ahead. Higher Treasury yields mean higher interest rates for corporate borrowers. Trump's tariffs Perhaps the biggest concern for investors globally is Trump's campaign promise of aggressive new tariffs , including the potential for a universal 10% tariff on all imports and a 60% tariff on Chinese goods. However, some Asian nations might benefit if higher tariffs on China prompt manufacturers to relocate. Europe Most analysts agree that U.S. trade tariffs are likely to hurt Europe, with some companies able to navigate the challenges better than others.

Persons: Donald Trump's, Russell, Mislav Matejka, David Seif, Goldman Sachs, Gareth Leather, Macquarie, Aditya Suresh, Mark Diethelm, Diethelm, Emmanuel Cau, — CNBC's Michael Bloom Organizations: White, Republican, Trump, U.S, Nasdaq, Treasury, Nomura, Federal Reserve, Asia Capital Economics, Capital Economics, U.S ., Union, Morningstar, Logitech, Barclays Locations: Congress, Treasurys, Trump's, U.S, United States, Korea, Taiwan, China, Vietnam, Asia, India, Europe

☆ Nuclear-powered aircraft carriers would give China's growing navy new reach, and researchers say it's working on the reactor to power one
▼ + stars: | 2024-11-12 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Satellite images and Chinese documents point to work on a nuclear-powered aircraft carrier. AdvertisementResearchers say they found evidence that China has built a prototype nuclear reactor to power a large warship, like an aircraft carrier. "They know that this is the hallmark of technology for propulsion on aircraft carriers." AdvertisementThe first American nuclear-powered aircraft carrier was USS Enterprise, commissioned in 1961. Pu Haiyang/Xinhua via Getty ImagesA nuclear-powered aircraft carrier would extend China's naval reach.

Persons: —, Matthew Funaoile, Funaoile, it'll Organizations: Service, Middlebury Institute of International Studies, Planet Labs PBC, Business, Associated Press, China Ship Research, Design Center, AP, Middlebury Institute of International, China, China Power, Center for Strategic, International Studies, USS Enterprise, Nimitz, Ford, Getty Locations: China, California, Leshan, Mucheng, Sichuan province, Sichuan, Fujian, American, Liaoning, Shandong, Soviet, South, Taiwan, Xinhua

☆ Lucy at 50: How the world’s most famous fossil was discovered
▼ + stars: | 2024-11-12 | by ( Katie Hunt | ) edition.cnn.com time to read: +9 min

CNN —Lucy, a fossilized skeleton unearthed 50 years ago this month, transformed scientists’ understanding of human evolution. While there are now fossil hominins twice as old as Lucy, she remains a paleoanthropological rock star. Made up of 47 bones from the same individual, she was the oldest known and the most complete skeleton of an early human ancestor when she was found. The fossilized remains of Lucy, discovered on November 24, 1974, made up the most complete skeleton of an early human ancestor when she was found. They found DNA, but it wasn’t human, and it wasn’t Neanderthal.

Persons: CNN — Lucy, Don Johanson, Tom Gray, Lucy, Johanson, … I’d, Jack Daulton, Lucy ? Johanson, “ Lucy, ”, she’s, you’re, Stephen Filmer CNN, Donald Johanson, Mary Leakey’s Organizations: CNN, Institute of, Arizona State University, Arizona State University CNN, Jack Daulton CNN, Beatles, Sky, Arizona State University In Locations: Ethiopia, Afar, Africa, paleogenetics, Siberia, Hadar, Tanzania

☆ 23andMe reports sales decline day after announcing plans to cut 40% of workforce
▼ + stars: | 2024-11-12 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

23andMe on Tuesday reported declining revenue in its most recent quarter, a day after the company said it will cut 40% of its workforce and shutter its therapeutics business as part of a business restructuring plan. The genetics company reported $44.1 million in revenue for the fiscal second quarter, down from $50 million in the same period last year. 23andMe's net loss narrowed to $59.1 million, or a $2.32 per share, from $75.27 million, or $3.17 per share, a year ago. It's evaluating strategic options like asset sales and licensing agreements to "maximize the value" of the therapeutic programs, the release said. Wojcicki has repeatedly stated her intention to take 23andMe private, though she didn't address the plans on Tuesday.

Persons: Anne Wojcicki, They've, 23andMe, Wojcicki Organizations: Nasdaq, NASDAQ, SEC

☆ The stock market is loving Trump’s return. The bond market has some concerns though
▼ + stars: | 2024-11-12 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

CNN —Donald Trump is returning to the White House, and the stock market is loving it. ‘The regime change’For now, stock market investors don’t seem bothered by the jump in bond yields or these inflationary or debt concerns. “The stock market jumped for joy that the election results were definitive, thus averting a contested election. Of course, market veterans say they wouldn’t be surprised to see the stock market eventually display concern about tariffs and inflation under Trump. That could pose a number of problems for the economy and the stock market.

Persons: Donald Trump, Trump, shockwaves, ”, David Kotok, Stephanie Roth, Roth, ” Roth, Sau Loeb, Kamala Harris, Harris, Jeff Buchbinder, “, Kotok, it’s, ” Kotok, They’re, Freddie Mac, ‘, Ed Yardeni, Yardeni, It’s, ’, BTIG’s Isaac Boltansky Organizations: CNN, White, Dow Jones, stoke, Trump, Advisors, Wolfe Research, Treasury, US Treasury Department, Getty, Wall Street, LPL, Fed, Stock Locations: Big, Washington , DC, Washington

☆ AWS is negotiating a huge deal to supply IBM with Nvidia GPUs via the cloud
▼ + stars: | 2024-11-12 | by ( Eugene Kim | ) www.businessinsider.com time to read: +3 min

AWS is negotiating a potential $475 million AI cloud deal with IBM. Under such a deal, IBM would use AWS's EC2 servers that come equipped with Nvidia's AI chips, the document stated. The negotiations also highlight continued demand for Nvidia GPUs. Efforts here have been mixed so far, and it's unclear if an IBM deal would include access to these homegrown Amazon components. AdvertisementStill, an AI cloud deal like this would be a further boost for AWS.

Persons: —, Andy Jassy, Jassy Organizations: IBM, Nvidia, Service, Web Services, Business, IBM Research, AWS, Watson, Amazon

☆ Morning-after pill sales surge online, telehealth companies say, as women prepare for second Trump term
▼ + stars: | 2024-11-12 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +6 min

At Wisp, which offers two types of emergency contraception online, sales of those medications went up about 1,000% in just one day after Tuesday’s election. “We are seeing women actually stockpile emergency contraception pills,” Cepak said. “When you attack one piece of reproductive health care, it really has a ripple effect,” Friedrich-Karnik said. “People who need abortion care often also at some point need contraception, and people who need contraception might eventually need maternal health care,” she said. “People’s lives are fluid like that, and this care is fluid, and you can’t attack one piece of reproductive health care without really impacting the whole range of care that people need.”

Persons: Donald Trump, Trump, Monica Cepak, “, ” Cepak, ”, Cynthia Plotch, it’s, ” Plotch, That’s what’s, It’s, ’ ”, Clayton Alfonso, ‘ I’ve, ’ ” Alfonso, Court’s Dobbs, Roe, Wade, Dr, Sanjay Gupta, Amy Friedrich, Karnik, ” Friedrich Organizations: CNN —, “, Winx, Duke Health, American College of Obstetricians, Trump, Heritage Foundation, Republican, CNN, CNN Health, Guttmacher Institute Locations: United States, North Carolina

In fact, some borrowers are still paying off debt from last year's purchases. To that point, 28% of shoppers who used credit cards have not paid off the presents they bought for their loved ones last year, according to a holiday spending report by NerdWallet. However, this is a slight improvement from 2023, when 31% of credit card users had still not paid off their balances from the year before. Although overall credit card balances were 6.9% higher at the end of the third quarter compared to a year earlier, that's a significant improvement from the 15% year-over-year jump from Q3 2022 to Q3 2023, TransUnion found. Recent wage gains have also played a role, according to Paul Siegfried, TransUnion's senior vice president and credit card business leader.

Persons: TransUnion, Michele Raneri, Paul Siegfried, TransUnion's Organizations: Finance, TransUnion

☆ Disruption from Trump tariffs depends on level, says AXA's Gilles Moec
▼ + stars: | 2024-11-12 | 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 EmailDisruption from Trump tariffs depends on level, says AXA's Gilles MoecGilles Moec, chief economist and head of research for AXA Group, joins CNBC's 'Power Lunch' to discuss what President-elect Donald Trump's trade policy means for foreign markets.

Persons: AXA's Gilles Moec Gilles Moec, Donald Trump's Organizations: AXA Group Locations: Trump

☆ What investors need to consider when choosing a dividend-paying fund
▼ + stars: | 2024-11-12 | by ( Lorie Konish | ) www.cnbc.com time to read: +3 min

Jamie Grill | Tetra Images | Getty ImagesFor investors who want income, dividends may provide an answer. Dividend investment options may come in the form of single company stocks or dividend-paying funds, like exchange-traded funds or mutual funds. However, dividend-paying funds like ETFs or mutual funds may provide a broader exposure to dividend securities, often at lower costs, she said. For investors who are considering putting a portion of their portfolios in dividend-paying strategies to fulfill their income-seeking goals, there are some things to consider. What kind of dividend-paying fund fits my goals?

Persons: Jamie Grill, Leanna Devinney, Devinney, Daniel Sotiroff, Sotiroff, it's Organizations: Fidelity Investments, Morningstar, Apple, Microsoft, Vanguard Locations: Hingham , Massachusetts

☆ China's state-owned tobacco behemoth is booming, defying global trends and anti-smoking efforts
▼ + stars: | 2024-11-12 | by ( Dylan Butts | ) www.cnbc.com time to read: +4 min

These trends — fueled by China Tobacco — come against the backdrop of a long-term decline in cigarette sales globally. While Beijing has made commitments to curb smoking prevalence, it hasn't appeared to have materially impacted tobacco sales. In the case of China Tobacco, industry and government policy directly overlap. "China Tobacco has been exploiting this insider status and wielding its influence within the government to effectively block the adoption of tobacco control policies," he added. China Tobacco and its Hong Kong-based subsidiary China Tobacco International (HK) did not respond to an inquiry from CNBC.

Persons: Euromonitor, hasn't, Philip Morris, Gan Quan, Quan, STMA, Judith Mackay Organizations: Getty, China National Tobacco Corporation, China Tobacco, Retail, World Health Organization, State Tobacco Monopoly Administration, Philip Morris International, World, Tobacco Control, CNBC, Vital, Tobacco, Bath University, Asian Consultancy, China Tobacco International, HK, Global Locations: Shanghai, China, Euromonitor, Beijing, Hong Kong

☆ Here's how much more laptops, TVs, and smartphones could cost under Trump's proposed tariffs, consumer group says
▼ + stars: | 2024-11-12 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

Americans' favorite tech gadgets could surge in price under Donald Trump's proposed tariffs, per a new report. An October report on consumer technology found laptops, smartphones, and TVs would surge in price. Under Trump's tariffs, the average price of laptops and tablets could skyrocket 45%, jumping an additional $200-$350 from their current prices, the CTA report found. AdvertisementUnder Trump's tariffs, video game consoles, meanwhile, could cost nearly $250 more than they currently do, and monitors could increase by more than $100, the report found. Televisions will see a 9% increase in consumer price, costing an additional $48 on average, according to the CTA report.

Persons: Donald Trump's, —, Trump, Gary Shapiro, International Trade Ed Brzytwa Organizations: Service, Consumer Technology, EVs, Cato Institute, CTA, Reuters, Consumer Technology Association, World, Census Bureau, Global, International Trade Locations: China

☆ When will this Trump-fueled bull market approach bubble territory? Watch this indicator
▼ + stars: | 2024-11-12 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

The CBOE Volatility Index , known on Wall Street as the VIX, helps traders track when a market rally is actually unhealthy, said DataTrek co-founder Nicholas Colas. Monday's close for the VIX around 15 "is a healthy sign" for the temperature of the market as it advances, Colas wrote to clients. To put it succinctly: "Rallies built on an elevated VIX signal a bubble," he wrote. That's a lesson market participants learned, during the dot-com bubble of the mid- to late-1990s, he said. In the current bull market, dating back to the fourth quarter of 2022, however, the VIX has been largely "well behaved," Colas argued.

Persons: DataTrek, Nicholas Colas, Donald Trump, —, Monday's, Colas, That's, Jessica Rabe, Trump Organizations: Research, U.S

☆ Team Meta? Team Alphabet? A noted tech analyst weighs in and so does Jim Cramer
▼ + stars: | 2024-11-12 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

While keeping buy ratings on both stocks, Nathanson raised his firm's price targets on Alphabet and Meta. In support of giving Alphabet the edge, he sees faster revenue growth from Meta but at a higher cost. For one, Meta has consistently delivered revenue and earnings ahead of consensus, rooted in stron advertising revenue from AI advancements. Bottom line Jim Cramer sees merit in MoffettNathanson's buy calls on Alphabet and Meta and believes it is just about "time to buy both" of these AI and advertising leaders. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: It's, Michael Nathanson —, Craig Moffett, —, underperformance, Nathanson, Jim Cramer, Trump Donald Trump's, Jim Cramer's, Jim, Mark Zuckerberg, Sundar Pichai Organizations: MoffettNathanson Research, Facebook, Meta, Reality Labs, Labs, Google, Tech, Trump, CNBC, REUTERS Locations: Meta

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