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☆ CHART: Big Tech is going wild on AI spending next year and beyond
▼ + stars: | 2024-11-05 | by ( Eugene Kim | ) www.businessinsider.com time to read: +3 min

Amazon, Google, Meta, and Microsoft are expected to churn through $300 billion in capex next year. The spending spree is driven by generative AI and LLM opportunities, says Morgan Stanley. Earlier this year, Bernstein forecast Big Tech capex of more than $1 trillion over five years. Related storiesRelated Video How tech layoffs could affect the economyIn Morgan Stanley's new estimates, Amazon saw the largest increase in future spending. In 2026, Amazon capex will climb even higher, to $105 billion, according to Morgan Stanley estimates.

Persons: Morgan Stanley, Amazon's, —, Bernstein, Morgan Stanley's, Andy Jassy, We've, Jassy Organizations: Google, Microsoft, Service, Big Tech, Tech, Amazon Locations: capex

☆ The most accurate forecasts of 2024: Seeking nominations for Business Insider's Oracles of Wall Street list
▼ + stars: | 2024-11-05 | by ( William Edwards | ) www.businessinsider.com time to read: +2 min

Business Insider is seeking nominations for its 2024 Oracles of Wall Street list. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! Did you or someone you know on Wall Street predict these and other significant developments in 2024? Business Insider is seeking nominations for its 2024 Oracles of Wall Street list, which highlights the top forecasters among economists, strategists, and analysts this year.

Persons: —, Donald Trump, William Edwards Organizations: Service, Federal Reserve, Nvidia Locations: wedwards

☆ How tech stocks could fare under a Harris or Trump administration
▼ + stars: | 2024-11-05 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

They have also considered the impact of potential tariffs proposed by former President Donald Trump. Some on Wall Street view a Harris win as a potential obstacle for antitrust and megacap technology stocks. "Regulatory scrutiny will probably help a lot of M & A activity under Trump — Harris, it'll be a little more of the status quo," said Jay Woods, chief global strategist at Freedom Capital Markets. This could "slow the pace of the AI revolution," he said in a recent post to X that also called a Harris win "more bullish" for the industry. Some investors also view Tesla as a likely winner under a Trump administration, given CEO Elon Musk's close ties to the former president.

Persons: Kamala Harris, Donald Trump, Roger McNamee, Harris, Trump, Trump — Harris, it'll, Jay Woods, McNamee, Vivek Arya, Joe Rogan, Arya, Ed Mills, Raymond James, of America's Brad Sills, Raymond James ' Mills, Dan Ives, Trump's, Tesla, Elon Musk's, Capital's, Wolfe, Chris Senyek Organizations: Elevation Partners, Tech, Antitrust, Google, Justice Department, Trump, Freedom Capital, Bank of America, PHLX Semiconductor, Democrat, Republican, SOX, Devices, Qualcomm, Nvidia, Broadcom, Texas Instruments, Intel, of America's, Microsoft, Oracle, Wedbush Securities, Investors Locations: stoke, Taiwan, China, Washington

☆ Bernstein upgrades shares of eBay, says buy the post-earnings dip
▼ + stars: | 2024-11-05 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

Bernstein thinks investors shouldn't give up on eBay despite a recent sell-off. For 2026, Devnani thinks that can expand to 3%. With earnings per share and margins set to expand as a result of this, the analyst believes that a recent sell-off provides an attractive entry point for investors. EBAY YTD mountain EBAY, year-to-date Last week, the stock fell 8% on the heels of a weaker-than-expected forecast for the current quarter . Of the 34 analysts covering eBay, 22 have a hold rating on it; 10 others rate it a buy or strong buy.

Persons: Bernstein, shouldn't, Nikhil Devnani, Devnani Organizations: eBay, EBAY

☆ The stocks most at risk if Trump permits Elon Musk to drastically cut government spending
▼ + stars: | 2024-11-05 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Due to this, Piper Sandler has unveiled a list of stocks that it views as most sensitive to government spending. "If Trump wins, these stocks are likely to be hurt by cuts in government spending," Piper Sandler's chief investment strategist Michael Kantrowitz said in a recent note to clients. The company was the top recipient of defense contracts from the Department of Defense in fiscal 2023, being awarded $61.4 billion in defense spending. During September's presidential debate, Trump clashed with Harris over funding efforts, with Harris accusing Trump of being prepared to abandon consistent U.S. support for Ukraine . In that area, Humana , which offers Medicare Advantage plans, and UnitedHealth are two names Piper Sandler thinks could be affected.

Persons: Trump, Donald Trump's, Elon Musk, Musk, Piper Sandler, Piper, Michael Kantrowitz, Kamala, Harris, machinists, Lockheed Martin Organizations: U.S, SpaceX, Republican, Trump, Boeing, Lockheed, Department of Defense, Ukraine, Humana Locations: U.S

☆ Analysts tout an 'underappreciated growth driver' at Microsoft that can benefit from AI
▼ + stars: | 2024-11-05 | by ( Morgan Chittum | ) www.cnbc.com time to read: +3 min

The news In a note to clients on Tuesday, RBC Capital Markets described LinkedIn as an "underappreciated growth driver." Revenue rose roughly 10% to $4.29 billion in fiscal Q1, driven by growth across all lines of its business. While not a crucial part of Microsoft's overall top line, it's still an incremental driver of revenue growth and can help the company further diversify its income streams. The morning after last week's earnings Jim Cramer said Microsoft shares below $400 each would be an interesting buy level. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Satya Nadella, OpenAI, Jim Cramer, Jim Cramer's, Jim, Beata Zawrzel Organizations: Microsoft, RBC Capital Markets, RBC, LinkedIn, Revenue, CNBC, Nurphoto, Getty Locations: India, Brazil

☆ The trader guide to the election: Which stocks Wall Street expects to benefit under Trump or Harris
▼ + stars: | 2024-11-05 | by ( Fred Imbert | ) www.cnbc.com time to read: +10 min

Generally, a Trump win is seen as positive for financials given a higher likelihood of deregulation for companies in the space. Traditional oil and gas names are also likely to benefit under a second Trump presidency. One is made up of stocks that benefit after a Harris win; the other would outperform under a second Trump presidency. However, a Harris win is expected to keep current regulation measures in place, and possibly introduce new ones. Private equity giants KKR and Blackstone would also benefit under a Trump win.

Persons: Kamala Harris, Donald Trump, Paul Gallant, Cowen, Gallant, Harris, Goldman Sachs, Daniel Clifton, Strategas, Andrew Garthwaite, Trump, Garthwaite, TAN, we've, Biden, Wells, Ike Boruchow, Boruchow, —, Russell, Joe Biden, Morgan Stanley, Crypto, isn't, Nic Puckrin, bitcoin, Marcelli, Financials, Wolfe, Chris Senyek, Lazard Organizations: Congress, U.S ., Trump, U.S . Trump, GOP, Democratic, CNBC Pro, Wall, Strategas, Enterprise, of America, Ford, UBS, Apple, Enphase Energy, Technologies Enphase, Exxon Mobil, Chevron, Trump Media & Technology, Trump Media, Cadence Bank, Viking Therapeutics, Bureau, CNBC, Wolfe Research, Lazard, Private, KKR, Blackstone, Evercore Locations: Washington, of America Cleveland, Cleveland, China

Bitcoin, an asset tied to a Trump victory given the candidates courtship of the industry, soared to a record $75,000 . Heading into the election, investors and analysts pointed to several stocks and sectors that could benefit from a Trump win. Here's a roundup of some of those: Steel stocks If Trump regains the presidency, JPMorgan expects steel stocks to outperform . Related stocks that could outperform under a Trump victory include Nucor , Cleveland-Cliffs , Kaiser Aluminum and MP Materials , according to Peterson. Supporters of Trump have also used the stock as a way to invest in a Trump victory.

Persons: Donald Trump ., Trump, Kamala Harris, Here's, Bill Peterson, Peterson, UBS's, Goldman Sachs, Strategas, Lazard, Wolfe, Tesla, Elon Musk's, Marion Laboure, bitcoin, Nic Puckrin, David Zerzos, Zerzos, Marcelli, Seth Seifman, Russell, Joe Biden, IWM, —, Halliburton, Trump's, ULTA, Michael Bloom, Sean Conlon, Alex Harring, Fred Imbert, Pia Singh Organizations: U.S, NBC, Stock, Dow Jones Industrial, Trump, JPMorgan, Aluminum, Financials Bank of America, of America, UBS's Trump, UBS, Swiss, Citigroup, Citizens, Wolfe Research, GOP, Trump Media & Technology, Trump Media, ISI, Deutsche Bank, Investors, Jefferies, Military, Strategas, Gas Energy, Evercore ISI, Exxon Mobil, Halliburton, Companies Locations: Nucor, Cleveland, U.S, China, U.S . Southern

☆ These countries have the most at stake as the U.S. heads to the polls
▼ + stars: | 2024-11-05 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

Democratic presidential nominee, U.S. Vice President Kamala Harris, and Republican presidential nominee, former U.S. President Donald Trump. Scott Olson | Bill Pugliano | Getty ImagesThe world is watching the U.S. presidential election as voters go to the polls Tuesday, but the vote is more consequential for some countries. That situation is even more pronounced for Ukraine, whose territorial integrity could even be at stake. Trump defended the measure as a way of reducing a yawning trade deficit with China, and to boost American jobs and competitiveness. Patrick Stollarz | AFP | Getty ImagesThis year, Trump said that if he was reelected, he would raise tariffs on Chinese goods by 60-100%.

Persons: Kamala Harris, Donald Trump, Scott Olson, Bill Pugliano, Trump, Xi Jinping, Patrick Stollarz, Harris, Biden's, It's, Ian Bremmer, Vladimir Putin, Alexei Nikolsky, Washington Hilton, Kevin Dietsch, Benjamin Netanyahu, Biden —, Brendan Smialowski Organizations: Democratic, Republican, U.S, AFP, Getty, Trump, Democrat, CNBC, Russia, Anadolu, Russian, Eurasia Group, Russia's, Sputnik, Kremlin, Reuters It's, Ukraine, Washington, - American, Israeli American Council National Summit, Israel Democracy Institute, Reuters Locations: Ukraine, China China, United States, China, Hamburg, Germany, U.S, Russia, Kyiv, Moscow, Toretsk, Orenburg, Israel, Iran, Gaza, Lebanon, Jerusalem, Tehran

☆ Here is the most important thing investors can do ahead of the presidential election outcome
▼ + stars: | 2024-11-05 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

With Election Day upon us, many investors are wondering how to, or if they even should, position their stock portfolios ahead of knowing who the next president will be. Indecision will hurt the stock market, not destroy it, but bruise it because the only thing markets really hate is uncertainty." Jim also wrote Sunday that the stock market will more than likely be just fine no matter who wins the presidency. Bottom line A quick and decisive presidential election outcome — one way or the other — is what's best for the stock market. Combination with Former President and Republican Presidential Candidate Donald Trump (L), and Vice President and Democratic Presidential Candidate Kamala Harris.

Persons: Donald Trump, Kamala Harris, That's, Joe Biden, Jim Cramer, Jim, we've, Barack Obama, Biden, George W, Bush, Richard Nixon, Jim Cramer's Organizations: NBC News, Democratic, Republican, Trump, JPMorgan, Dow, Nasdaq, Federal Reserve, Jim Cramer's Charitable, CNBC

☆ North Korea likes to stir up trouble around US elections, and this time around, it's been at it with missiles
▼ + stars: | 2024-11-05 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Data shows that North Korea ramps up its missile and military activity around US elections. North Korea's provocations stir up trouble for the US and its allies. The latest provocations come as North Korea draws closer to Russia and amid confirmations that thousands of North Korean troops are aiding Russia in its war against Ukraine. On Tuesday, North Korea launched several ballistic missiles toward the East Sea/Sea of Japan, South Korea's military said. North Korea fired multiple ballistic missiles on Tuesday, South Korea and Japan said.

Persons: —, Kim Jong, Kim Yo Jong, Victor Cha, Cha, Donald Trump's, Kim Jae, Vladimir Putin, Kim Organizations: Service, Research, Ukraine, North, North Korea's, Korean Central News Agency, Korea News Service, AP, Korea, Center for Strategic, International Studies, Asian Affairs, White, National Security Council, Trump, Kim, CSIS, Getty, US, South, Russian, Russia Locations: Korea, Pyongyang, North Korea, Russia, Japan, South, North, South Korea, Washington, Kim Singapore, Vietnam, Ukraine, Ukrainian, Russian

Tingshu Wang | ReutersFrom Apple to Starbucks , U.S. consumer brands are reporting yet another quarter of China sales declines. Apple last week reported Greater China sales fell slightly to $15.03 billion in the three months ended Sept. 28, down from $15.08 billion in the year-ago period. The quarterly sales decline reduced Apple's China revenue share to 15.8% of total net sales, down from 16.9% in the year-ago period. Low consumer confidenceU.S. sportswear giant Nike said that Greater China revenue for the quarter ended Aug. 31 fell by 4% year-on-year to $1.67 billion. In Europe, luxury giant LVMH also felt the drag from the China market.

Persons: Tingshu Wang, Tim Cook, Apple, Brian Niccol, Niccol, Matthew Friend, Jean, Jacques Guiony, Isaac Stone Fish, Cummins, Walt, Fish Organizations: Reuters, Apple, U.S, Starbucks, Nike, Carrier, Coca Cola, RTX Corporation, Honeywell, Walt Disney, Caterpillar Locations: Chengdu, Sichuan province, China, U.S, what's, Hong Kong, Macao, Taiwan, Greater China, Europe, Asia, Japan, COVID, Japan Asia

☆ Asia-Pacific markets set to trade mixed as investors eye Fed and RBA rate decision
▼ + stars: | 2024-11-05 | by ( Lee Ying Shan | ) www.cnbc.com time to read: 1 min

Asia-Pacific markets are set to trade mixed on Tuesday as investors prepared for the U.S. presidential election and a possible interest rate cut from the Federal Reserve later this week. Hong Kong's Hang Seng index futures were at 20,658, slightly higher than the HSI's last close of 20,567.52. Australia's S&P/ASX 200 slid 0.32% as traders keep an eye on the upcoming central bank rate decision. Analysts at HSBC and the Commonwealth Bank of Australia expect the Reserve Bank of Australia to leave the cash rate unchanged. South Korea's consumer inflation in October rose 1.3% from a year ago, slightly cooler than Reuters' expectations of 1.4%.

Persons: Australia's Organizations: U.S, Federal Reserve, Nikkei, HSBC, Commonwealth Bank of Australia, Bank of Australia Locations: Asia, Pacific, Chicago, Osaka

☆ DuPont's biggest businesses get stronger and a key catalyst may arrive sooner than thought
▼ + stars: | 2024-11-05 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Operating EBITDA of $857 million in the quarter came in ahead of the $818 million consensus, according to FactSet. DuPont's performance on profitability metrics shined, with the better-than-expected operating EBITDA and earnings results for the quarter compounded by an increase to management's full-year outlook on both metrics. Quarterly results Another reason to look past the light water-and-protection sales: Operating margins at both of the core business units were ahead of expectations. For the electronics-and-industrial segment, management said operating EBITDA was helped, in part, by increased volume gains along with savings from productivity and restructuring actions. The operating EBITDA guide was raised to about $3.125 billion, up from a prior range of $3.06 billion to $3.11 billion.

Persons: we've, EBITDA, aren't, It's, Ed Breen, DuPont, —, Jim Cramer's, Jim Cramer, Jim, Jeff Fusco Organizations: DuPont, Club, PPG Industries, Management, Analysts, CNBC Locations: China, Wilmington , Delaware

☆ Stocks making the biggest moves premarket: Trump Media, Hims & Hers, Palantir and more
▼ + stars: | 2024-11-05 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +5 min

Palantir reported 10 cents earnings per share on $726 million in revenue. On the other hand, NXP's third-quarter earnings beat analysts' expectations by 2 cents per share, while its $3.25 billion revenue was in line with estimates. Hims & Hers Health — The telehealth stock popped 7.2% after third-quarter earnings exceeded expectations of analysts polled by FactSet on both lines. On the other hand, the company's $3.19 billion revenue missed estimates of $3.20 billion. Marqueta's $128 million revenue was just shy of the $128.1 million consensus from FactSet.

Persons: Donald Trump, Palantir, Rick Dreiling, Michael Creedon, FactSet, LSEG, Burger King, machinists, Astera, — CNBC's Michelle Fox, Alex Harring, Hakyung Kim, Yun Li, Sarah Min, Pia Singh Organizations: Trump Media & Technology, Republican, White, LSE, NXP, Wynn Resorts, Lattice Semiconductor, DuPont de Nemours, Restaurant, Burger, LSEG, Revenue, Diamondback Energy, Boeing —, Labs, Deutsche Bank, UBS, Deutsche Locations: Netherlands, Americas, Europe, San Francisco, Cleveland, Wells Fargo

☆ Palantir shares jump 23% to record on uplifting guidance
▼ + stars: | 2024-11-05 | by ( Todd Haselton | ) www.cnbc.com time to read: +2 min

Palantir shares jumped 23% on Tuesday and headed for a record close after the data analytics software maker reported robust third-quarter results and issued uplifting revenue guidance. If the gain holds, it will mark the stock's biggest jump since Feb. 6, when shares popped 30%. Revenue climbed 30% to $726 million from a year earlier, topping the $701 million average analyst estimate, according to LSEG. Net income of $143.5 million, or 6 cents per share, was up from $71.5 million, or 3 cents per share, in the same quarter a year ago. Palantir is targeting more than $687 million in U.S. commercial revenue for the year, implying about 24% of the total.

Persons: Alex Karp, Palantir, LSEG, Jordan Novet, Michael Bloom Organizations: Palantir, Bloomberg, Revenue, Deutsche Bank, Bank of America Locations: Palo Alto , California

☆ New York Times tech union goes on strike, one day before election
▼ + stars: | 2024-11-04 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

The New York Times Tech Guild announced Monday morning it is officially on an unfair labor practice strike, just one day before the high stakes presidential election. They work on the back-end of Times' products including games, recipes, podcasts and election coverage, according to the website. The NYT said they work on the business side of the company. The Times said that it has “robust plans in place to ensure that we are able to fulfill our mission and serve our readers.”The Times Tech Guild and NYT management negotiated through late Sunday, according to a report from the New York Times. Issues at the table included having a “just cause” provision in the guild contract, pay increases and pay equity, and return-to-office policies.

Persons: “, Danielle Rhoades Ha, we’re, ” Ha Organizations: New York Times Tech, New York Times, NBC News, Tech Guild, Company, The Times, The Times Tech Guild

☆ Lobito Corridor: Angola’s US, Europe-backed railway could change how minerals move in Africa – and globally
▼ + stars: | 2024-11-04 | by ( Amy Gunia | Jackelyn Prager | ) edition.cnn.com time to read: +6 min

CNN —In late August, a container vessel sailed out of Angola’s Port of Lobito carrying railway operator Lobito Atlantic Railway’s first shipment of copper from the Democratic Republic of Congo (DRC) to the US. That’s about 30 days faster than a road journey, according to Francisco Franca, the CEO of Lobito Atlantic Railway (LAR), a consortium of firms that took over operations of the railway in January. The ship took Lobito Atlantic Railways first shipment of copper to the US. “Lobito Corridor is not just a railway line, but is the economic development along the corridor,” said Franca, the CEO of LAR. For companies like his, the benefits of the Lobito Corridor are clear.

Persons: CNN —, Francisco Franca, Franca, LAR, Washington jostle, Emmet Livingstone, Joe Biden, “, David Reekmans, Reekmans, Asia ”, Trump, Joao Manuel Goncalves Lourenco, Evelyn Hockstein, Xi Jinping, ”, Wamkele Mene, Décio Catarro Organizations: CNN, Democratic, Lobito Atlantic Railway, Washington, MSC, Lobito Atlantic Railways, Atlantic Railway, Initiative, Benguela Railway, Partnership for Global Infrastructure, Investment, Getty, Port, White House, Reuters, African Continental Free Trade Area, Industry Locations: Angola’s Port, Lobito, Democratic Republic of Congo, DRC, Europe, Kolwezi, Angola, Africa’s, Beijing, Benguela, China, Africa, Washington, AFP, America, Asia, Zambia, Tanzania, Tanzanian

☆ Stocks making the biggest moves after hours: Palantir, Wynn Resorts, NXP Semiconductors and more
▼ + stars: | 2024-11-04 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

The software company surpassed Wall Street's third-quarter estimates, posting adjusted earnings of 10 cents per share on $726 million in revenue. That beat the 9 cents per share and $701 million in revenue expected by analysts polled by LSEG. NXP Semiconductors — The Netherlands-based semiconductor company shed 5% on disappointing fourth-quarter guidance, citing macro weakness in Europe and the Americas and in the industrial and internet of things market. NXP Semiconductors topped earnings estimates by 2 cents per share and posted in-line revenues. Cleveland-Cliffs — Shares fell more than 4% after the steel producer fell short of Wall Street's revenue estimates.

Persons: Wall, Palantir, Rick Dreiling, LSEG Organizations: LSEG, Wynn Resorts, Semiconductors, NXP, Revenue, Lattice Semiconductor Locations: Netherlands, Europe, Americas, Cleveland

☆ JPMorgan’s favorite stock picks heading into November
▼ + stars: | 2024-11-04 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

With the election around the corner, JPMorgan has updated its top ideas list that target growth, income, value and short-selling strategies. Yet, JPMorgan thinks that trajectory can keep going, as it has an overweight rating on the stock with a $300 price target. JPMorgan's overweight rating and target of $1,100 on the name also implies more than 34% upside from here. JPMorgan also highlighted the newly added Regency Centers as one of its growth strategies for the new trading month. Shares have jumped more than 7% this year, and JPMorgan's target implies almost 8% upside from Friday's close, on par with its average target of $77.12.

Persons: JPMorgan's, Carvana, Eli Lilly, David Ricks Organizations: JPMorgan, Nasdaq, Dow Jones Industrial, Regency Centers, Caterpillar Locations: Carvana

☆ Palantir shares surge on rosy revenue outlook
▼ + stars: | 2024-11-04 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Palantir shares jumped 13% in extended trading on Monday after the data analytics software maker reported robust third-quarter results and revenue guidance. With respect to guidance, Palantir called for fourth-quarter revenue of $767 million to $771 million. It now sees $2.805 billion to $2.809 billion, compared with $2.742 billion to $2.750 billion in August. The company is targeting over $687 million in U.S. commercial revenue for the year, implying about 24% of the total. As of Monday's close, Palantir shares were up 141% in 2024, while the tech-heavy Nasdaq had gained 21%.

Persons: Alex Karp, Palantir, Karp, LSEG, StreetAccount, Joe Lonsdale Organizations: Palantir, Bloomberg, P Global, Nasdaq, Musk Locations: Palo Alto , California, U.S, United States, Europe

☆ Where Jim Cramer stands on Apple after more selling from Warren Buffett's Berkshire
▼ + stars: | 2024-11-04 | by ( Morgan Chittum | ) www.cnbc.com time to read: +3 min

The news Berkshire Hathaway sold another large chunk of Apple shares, according to the Warren Buffett -led company's earnings report Saturday. But it still held roughly $69.9 billion worth of Apple shares at the end of September. It's unclear why Berkshire is selling Apple, but investors don't seem too worried. AAPL YTD mountain Apple YTD Apple stock fell 1% in Monday's down market, the first chance Wall Street got to react to the news. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Berkshire Hathaway, Warren Buffett, Morgan Stanley, Jim Cramer, Jim, Buffett, Jim Cramer's Organizations: Berkshire, Apple, of America, CNBC, Nurphoto, Getty Locations: Omaha, Berkshire, Monday's, Manhattan , New York

☆ Iran is now dangerously vulnerable to the consequences of another attack on Israel
▼ + stars: | 2024-11-04 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Israel carried out a series of precision strikes on military targets in Iran late last month. AdvertisementIran is signaling that it will deliver a harsh response to Israel's late-October strikes, which were revenge for Tehran's retaliatory ballistic missile attack at the start of the month. However, another direct Iranian attack on Israel — which would be its third ever — invites additional Israeli strikes at a time when Tehran is dangerously unprepared. Israel struck several S-300s, a Russian-made surface-to-air missile system considered to be the most advanced air-defense battery that Iran operates. He said last week that the strikes on Iran's air-defense network create "a huge disadvantage for the enemy when we will want to strike later."

Persons: Israel, —, Ayatollah Ali Khamenei, Israel —, Salemi, Vahid, Yoav Gallant Organizations: Service, AP, Institute for, Embassy, Israeli, Planet Labs PBC, Israel, US, Pentagon Locations: Iran, Israel, Tehran, Russian, Washington, Iran's

☆ Cramer raves about Salesforce's star-powered plan to raise awareness of its new AI agents
▼ + stars: | 2024-11-04 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. In his Sunday column, meanwhile, Jim Cramer looked at 11 earnings surprises , including a feeling that both presidential candidates would support solar. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, There's, that's, there's, Eli Lilly, Lilly, Stanley Black, Decker, Nextracker, Jim, Salesforce, Evercore, Agentforce, he's, Saleforce's, Matthew McConaughey, Stocks, Sherwin, Berkshire Hathaway, Jim Cramer's, NVDA Organizations: CNBC, Fed, Devices, Nvidia, Intel, Dow, Therapeutics, Depot, ISI, Abercrombie, Fitch, Constellation Energy Locations: Friday's, Williams, Berkshire, Marriott

☆ AppLovin's 300% surge in 2024 leaves ad-tech company with big expectations for earnings
▼ + stars: | 2024-11-04 | by ( Cj Haddad | ) www.cnbc.com time to read: +4 min

AppLovin has soared 310% in 2024, beating every U.S. tech company with a market cap of at least $5 billion, according to FactSet data. The technology helps put more targeted ads on the mobile gaming apps the company owns, and works for other studios that license the software. They said the company's "real opportunity" is to catch the influx in brand advertising towards mobile gaming from more conventional channels like social media or legacy broadcasting. Because of its position in digital advertising, AppLovin faces potential competition from some of the most well-capitalized companies on the planet. In 2022, AppLovin gave up on efforts to buy gaming software developer Unity Software for $20 billion, after Unity shareholders rejected the bid.

Persons: AppLovin, Wells Fargo, FactSet . Oppenheimer, Stifel Nicolaus, Jefferies, Adam Foroughi, could've, Foroughi, mightily, Unity, LightShed's Brandon Ross Organizations: Nvidia, Revenue, FactSet, Wedbush, Google, Facebook, Apple, Orient, Unity Software, Unity Locations: BTIG, AppLovin, U.S

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