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☆ Dell's AI business is booming, but shares plunged after it cut its revenue outlook
▼ + stars: | 2024-11-27 | by ( Polly Thompson | ) www.businessinsider.com time to read: +2 min

Revenues jumped 34% in Dell's ISG division, which includes the company's AI operations. But a lower-than-expected fourth quarter outlook drove Dell's shares down 12% in premarket trading. The biggest success story came from Dell's Infrastructure Solutions Group, which includes sales of AI servers, storage, and other network capabilities. Despite Dell's strong positioning in AI-related technologies, the company's shares were down as much as 12% in premarket trading after its final quarter revenue outlook fell below Wall Street expectations. Dell shipped $2.9 billion in AI servers during the quarter, and the company said that customers had booked $3.6 billion of future AI server orders.

Persons: Dell, Dell's, Jeff Clarke, Elon Musk's Organizations: Dell's Infrastructure Solutions Group, Analysts, CSG, Nvidia, Elon Locations: Dell's ISG, Texas

I combed through discounts to find the best early Walmart Black Friday deals actually worth shopping. SKIP AHEAD Best Walmart early Black Friday deals | More Walmart early Black Friday sales | Why trust NBC Select? Best Walmart Early Black Friday dealsI found, vetted and wrote about every deal I recommend below. Best Walmart early Black Friday salesHere are the best Walmart early Black Friday sales to know about. To find the best early Walmart Black Friday deals, I searched through discounts to roundup products from previous coverage, NBC Select staff favorites, and highly-rated products from brands that we know and trust.

Persons: I’ve, Harry Rabinowitz —, Lindsay Schneider, Apple Airtag, Harry Rabinowitz, Carote, TikTok Organizations: Walmart, Black, 6AM, Walmart Plus, NBC, Walmart Apple, Fujifilm, Samsung, Amazon Alexa, Root, Apple ., Apple, Microsoft, Google, Walmart NBC, Facebook, Twitter

☆ Huawei Targets Apple with Advanced Chip Innovation in China
▼ + stars: | 2024-11-26 | by ( Meaghan Tobin | John Liu | ) www.nytimes.com time to read: +1 min

Last year, the tech giant Huawei catapulted to the top of the smartphone market in China when it released the Mate 60 Pro, a phone that contained a tiny computer chip more advanced than any previously made by a Chinese company. The chips used by Huawei’s smartphones have become a symbol in the struggle between China and the United States for control over advanced technology. Policymakers in Washington have spent years trying to prevent Chinese companies from being able to make the kind of chip Huawei uses in its Mate phone. Shoppers in China were excited to buy a phone with state-of-the-art components that had been made entirely at home. Huawei was able to appeal to Chinese customers who previously would have been more likely to buy iPhones, eating into Apple’s most important market outside the United States.

Organizations: Huawei Locations: China, United States, Washington, U.S

☆ Cramer's Lightning Round: Reddit is 'fabulous'
▼ + stars: | 2024-11-26 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Aptiv's year-to-date stock performance. Stock Chart Icon Stock chart icon Recursion Pharmaceuticals' year-to-date stock performance. Stock Chart Icon Stock chart icon ZoomInfo's year-to-date stock performance. Stock Chart Icon Stock chart icon Dow's year-to-date stock performance. Stock Chart Icon Stock chart icon Reddit's year-to-date stock performance.

Persons: Let's, I'm Organizations: Dow Locations: China

☆ Tim Cook and other U.S. executives attend China expo, meet officials as Trump tariff threat looms
▼ + stars: | 2024-11-26 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

A view of the exterior of the China International Exhibition Center (Shunyi Hall), venue for the second China International Supply Chain Expo (CISCE), on November 26, 2024 in Beijing, China. American business leaders are in China this week for meetings with officials and a high-profile supply chain expo as trade threats from a second Donald Trump presidency mount. Among them is Apple CEO Tim Cook, who will be in attendance for the second annual 'China International Supply Chain Expo,' which kicked off Tuesday. Ahead of the expo, the CEO met with Chinese Premier Li Qiang alongside other top executives from global companies, the American Chamber of Commerce in China said in a social media post. Organized by the China International Exhibition Center Group, the second CISCE expo will focus on key supply chains, such as advanced manufacturing, green and digital technology as well as supply chain services.

Persons: Donald Trump, Tim Cook, We're, Cook, Premier Li Qiang Organizations: China International Exhibition, China, Chain, Apple, China International, Premier, American Chamber of Commerce, CNBC, Corning, Rio Tinto, Lenovo, China International Exhibition Center Locations: Beijing, China, American, Rio

☆ Drake Lost His Rap Battle. Now He Claims the Streaming Game Is Rigged.
▼ + stars: | 2024-11-26 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +5 min

UMG's choice to saturate the music market with 'Not Like Us' comes at the expense of its other artists, like Drake." And Drake is one of the biggest artists streaming on Spotify, with about 10 million more monthly listeners than Lamar. Music industry insiders, meanwhile, are skeptical of the allegations themselves. In other words, for the top of the music industry, rigging with bots would be "not like us." By throwing lawyers and corporations into the rap battle, Drake has made it much less street and much more corporate.

Persons: Drake, Kendrick Lamar, UMG, It's, Lamar, Drake's litigiousness, Jan, Arian Foster, Tony Rigg Organizations: Universal Music Group, Spotify, Lamar, NFL, University of Central, Southern, of, of New York, Apple Music Locations: University of Central Lancashire, North Carolina, of New

☆ Neuralink wants to hook up its brain implant to a robotic arm
▼ + stars: | 2024-11-26 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

AdvertisementNeuralink is launching a trial to see if patients can use its brain implant can control a robot arm. Musk previously said Neuralink could be combined with robotic limbs to create a "Luke Skywalker solution." Neuralink has successfully implanted its brain chip in two human patients — and now it wants to hook it up to a robotic arm. Elon Musk's brain implant startup said on Monday that it was launching a trial to test whether patients could use the Neuralink implant to control an "investigational assistive robotic arm." But using Neuralink's brain implant to control robotic limbs has long been part of Elon Musk's vision for the company.

Persons: Elon Musk's, Musk, Luke, Neuralink, Elon Organizations: Convoy, Bluetooth Locations: Elon

☆ Lightning Round: Reddit is 'fabulous', says Jim Cramer
▼ + stars: | 2024-11-26 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Reddit is 'fabulous', says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Aptiv, Recursion Pharmaceuticals, Zoominfo Technologies, Super Micro Computer, Red Cat Holdings, Dow, and Reddit.

Persons: Jim Cramer Organizations: Pharmaceuticals, Zoominfo Technologies, Micro, Red Cat Holdings, Dow

☆ Dell shares fall on light forecast despite growing AI sales
▼ + stars: | 2024-11-26 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

Dell Technologies forecast fourth-quarter revenue and earnings below Wall Street expectations on Tuesday, despite bullish commentary from the company on AI sales growth. It said it expected $2.50 in adjusted earnings per share, versus expectations of $2.65 per share. Dell's AI server sales are reported in the company's Infrastructure Solutions Group (ISG), which includes AI servers, storage, networking components, and traditional servers. The strongest part of Dell's ISG business was its Servers and Networking subsidiary, which includes AI systems. The overall ISG unit is more profitable, thanks to sales of pricier AI systems.

Persons: Michael Dell, Dell, Jensen Huang, Jeff Clarke Organizations: Dell Inc, Dell Technologies, Dell, Nvidia, Blackwell, Solutions, Networking, Intel, AMD Locations: Las Vegas , Nevada, Asia, Dell's

☆ Pipeline operator ONEOK to buy remaining shares of EnLink in $4.3 bln deal
▼ + stars: | 2024-11-25 | by ( ) www.cnbc.com time to read: +1 min

The Oneok website on a laptop computer arranged in Brooklyn, New York, on Tuesday, May 16, 2023. Pipeline operator ONEOK said on Sunday it would buy the remaining shares of peer EnLink Midstream , for $4.3 billion in an all-stock deal, boosting its presence in the Permian Basin amid increased consolidation in the U.S. energy sector. In August, ONEOK acquired a 43% controlling interest in Enlink, which has a solid presence in the Permian basin, from Global Infrastructure Partners for about $3.3 billion in cash. ONEOK said it will offer 0.1412 shares of its common stock for each EnLink unit. Earlier in the month, another pipeline operator DT Midstream agreed to acquire three natural gas transmission pipelines from ONEOK for $1.2 billion in cash, to boost its presence in the Midwest market.

Persons: ONEOK, EnLink Organizations: Global Infrastructure Partners Locations: Brooklyn , New York, U.S, Enlink, ONEOK, Midwest

☆ Elon Musk acknowledges something that was obvious about the new Twitter: It's no longer a good place for links.
▼ + stars: | 2024-11-25 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +3 min

AdvertisementElon Musk says a lot of us are doing it wrong when it comes to posting links on X. Musk says this will stop "lazy linking." For anyone who posts links to X, it's been intuitively clear that since Elon Musk took over, posts with links don't get the same reach as they used to. This just stops lazy linking. AdvertisementMusk says this is meant to stop "lazy linking" — which … I'm not sure exactly what that is.

Persons: Elon Musk, it's, Paul Graham, Elon, You've, they're, … I'm, that's, — Paul Graham Organizations: Elon, Twitter

☆ Starbucks forced to pay its baristas manually because of a ransomware attack on third-party software
▼ + stars: | 2024-11-25 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +2 min

CNN —A ransomware attack has disrupted a third-party software system that Starbucks uses to track and manage its baristas’ schedules, forcing the coffee chain to shift to manual mode to ensure its employees get paid properly, a Starbucks spokesperson said Monday. Starbucks’ store leadership have advised their employees on how to work around the outage manually, and the company will make sure everyone gets paid for all hours worked, according to Starbucks spokesperson Jaci Anderson. Starbucks joins a growing list of companies disrupted by the hack of Blue Yonder, an Arizona-based cloud services provider that serves grocery stores and Fortune 500 firms. The Wall Street Journal first reported that Starbucks was impacted by the Blue Yonder hack. A range of major multinational corporations use Blue Yonder cloud services to manage their supply chains.

Persons: Jaci Anderson, Ford, “ Ford, ”, Ian Thibodeau, CrowdStrike, Cybercriminals, Semperis, Brian Niccol Organizations: CNN, Starbucks, Street Journal, US Locations: Arizona, United Kingdom, United States, France, Germany

☆ Influencers are using AI 'women' to lead people to OnlyFans and Fanvue — where more AI awaits
▼ + stars: | 2024-11-25 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +4 min

And some people are selling courses for $220 on how to make your own lucrative AI adult creator. The articles said a crop of new Instagram influencers had amassed large followings and even secured brand deals. Some of these AI influencers, like Lil Miquela, are a sort of artsy commentary on the nature of influencing or something conceptually interesting. AdvertisementOne of the most popular AI influencers had a link in her bio to a profile on Fanvue, an OnlyFans competitor. One person is selling a course for $220 on how to make money with AI adult influencers.

Persons: Fanvue, influencers, Lil Miquela, —, Insider's Marta Biino, I'm Organizations: Media Locations: Fanvue

☆ Stocks making the biggest moves midday: Bath & Body Works, Robinhood, Macy's and more
▼ + stars: | 2024-11-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: Bath & Body Works — The Ohio-based personal care company climbed more than 16%, on pace for its best day since November 2022. The retailer raised its forecast for full-year adjusted profit and said it expects a smaller drop in annual sales, boosted by solid demand for personal care products and new store offerings. Robinhood — The financial services provider surged 5% after Morgan Stanley upgraded it to overweight, citing upside from President-elect Donald Trump's looming second term in office. Target's shares have lost about 12% year to date and the stock's 3.6% dividend yield is very "attractive," the firm said. Abercrombie & Fitch — The retailer gained 4% ahead of its third-quarter earnings release , expected Tuesday morning.

Persons: Morgan Stanley, Donald Trump's, Macy's, Oppenheimer, AGCO, Gordon, Abercrombie, Fitch, Biohaven, Piper Sandler, CNBC's Hakyung Kim, Jesse Pound, Yun Li, Michelle Fox, Pia Singh, Scott Schnipper Organizations: Farm Equipment Limited, Gordon Haskett Research, Intel, CNBC, Commerce Department, U.S, Bancorp, Citigroup, Arm, UBS, Santander — ADRs, BDO, Nasdaq, Truist Securities Locations: The Ohio, New York, The Minneapolis, British, Spanish, Santander

That's why I can gladly round up all of the best early Black Friday deals for you, below. Keep scrolling to see the best Black Friday deals you can score now. To explore even more, check out our guides to the best Amazon Black Friday sales, the best Black Friday mattress sales, and the best Walmart Black Friday deals. Best Black Friday tech deals1Password Yearly Membership $16.00 $30.00 Save 47% 1Password is among the gold standard in password managers with its extensive list of features and benefits. View at AmazonSony 65-inch A95L OLED 4K TV $2,898.00 $3,399.99 Save 15% Sony's A95L is the best high-end TV you can buy.

Persons: it's, I've, It's, Dyson, Ooni, Branch Herman Miller Aeron, Herman Miller Aeron, Herman Miller, Amelia, Price, Secretlab Magnus, Magnus Pro, —, Pant, editor's Organizations: Business, Walmart, Kindle, Apple, Dolby Vision, Alexa, HP, Samsung, Amazon Sony, Amazon, Keurig's Express, Sony, Slim, Walmart Sony PS5, Big, Branch, Secretlab, Nordstrom Locations: Tempur, Brooklinen, Bombas

☆ Here's why our lone energy stock is falling despite a surge in natural gas prices
▼ + stars: | 2024-11-25 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. 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. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

Persons: Jim Cramer, Donald Trump's, Scott Bessent, Bessent, it's, Stanley Black, Decker, Stanley, Trump's, We're, Trump, we're, we'll, JM Smucker, Jim Cramer's, Jim Organizations: CNBC, Stanley, EBW, Reuters, Biden, LNG, Coterra Energy, Abercrombie, Fitch, Burlington Stores, Dick's Sporting Goods, Jim Cramer's Charitable Locations: China, Israel, Kohl's

☆ Ransomware attack leaves Starbucks using pens and paper to track employee hours
▼ + stars: | 2024-11-25 | by ( Katherine Tangalakis-Lippert | Alex Bitter | ) www.businessinsider.com time to read: +3 min

The software company behind Starbucks' payment and scheduling system has been experiencing a dayslong ransomware attack, causing outages that are disrupting employee pay. The attack on Blue Yonder, the company that makes the software, began on November 21 and has caused outages in Starbucks's system for tracking employee hours and payments. Starbucks told its employees that payment for the period ending on November 17 would be unaffected, but there may be discrepancies in the following pay period. The outage has forced employees to track their shifts using pens and paper, according to Bloomberg. The software company does not currently have a timeline for resolution of the issue, according to a webpage the company has published for customers impacted by the attack.

Organizations: Starbucks, Business Insider, Bloomberg, BI, Business, CNN, Sony Locations: America

☆ This is the biggest question in AI right now
▼ + stars: | 2024-11-24 | by ( Lakshmi Varanasi | Lloyd Lee | ) www.businessinsider.com time to read: +4 min

AdvertisementAI leaders are rethinking data-heavy training for large language models. Traditional models scale linearly with data, but this approach may hit a dead end. Now, AI leaders are rethinking the conventional wisdom about how to train large language models. The focus on training data arises from research showing that transformers, the neural networks behind large language models, have a one-to-one relationship with the amount of data they're given. The money going into AI has largely hung on the idea that this scaling law "would hold," Scale AI CEO Alexandr Wang said at the Cerebral Valley conference this week, tech newsletter Command Line reported.

Persons: Alex Voica, Mohamed, Alexandr Wang, It's, Aidan Gomez, Gomez, Richard Socher, we're, Kevin Scott, Waleed Kadous, Uber Organizations: Meta, Google, University of Artificial Intelligence, Command, Microsoft, Sequoia Capital's, OpenAI's o1, o1 Locations: University, ChatGPT, gpt

☆ Former BP Chief Joins A.I. Data Center Developer
▼ + stars: | 2024-11-24 | by ( Stanley Reed | More About Stanley Reed | ) www.nytimes.com time to read: +1 min

Bernard Looney, the former chief executive of BP, one of the world’s largest energy companies, said Sunday that he would become chairman of a data center start-up in the United States, a move that comes amid a ravenous appetite for electricity to power the boom in artificial intelligence. The company, called Prometheus Hyperscale, plans to build a $10 billion data center on a 640-acre site in Evanston, Wyo., carved out of the family ranch of the company’s founder and chief executive, Trenton Thornock. The hope is to attract companies like Amazon, Microsoft or Google with mushrooming needs for computer power, Mr. Looney said in an interview. Prometheus plans to expand in the United States and internationally, he added. I’ll be helping them with strategy.”Mr.Looney, 54, left BP last year after acknowledging that he failed to properly disclose personal relationships with colleagues.

Persons: Bernard Looney, Hyperscale, Looney, Prometheus, I’ll, ”, “ I’ll, ” Mr.Looney Organizations: BP, Trenton, Microsoft Locations: United States, Evanston, Wyo, Trenton Thornock

As always, the trend returns this year, with plenty of Amazon Echo and Kindle discounts listed in our Black Friday guide, plus a Black Friday Kindle Unlimited deal to score right now. The best Black Friday Kindle Unlimited dealsAmazon Kindle Unlimited Subscription (3 Months) $1.00 $35.97 Save 97% Amazon's Kindle Unlimited offers access to millions of e-books and thousands of audiobooks as part of a monthly subscription. Best used with a Kindle e-readerBlack Friday Kindle Unlimited FAQsWhat is Kindle Unlimited? It usually costs $12 a month, making this ongoing Black Friday Kindle Unlimited deal an especially great call. Kindle Unlimited is not a required service for Kindle owners.

Persons: you've Organizations: Business, Amazon, Kindle

☆ Microsoft is finally testing its Recall photographic memory search feature. It's not perfect
▼ + stars: | 2024-11-23 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft on Friday started letting people test Recall, its so-called photographic memory search feature for the latest Copilot+ PCs. Microsoft first touted Recall in May as a prominent feature that would only be available for cutting-edge Copilot+ PCs running the Windows 11 operating system, like the latest Surface Pro. A backlash from cybersecurity experts about the potential risks of Recall, however, led Microsoft to revamp it. Copilot+ PCs with AMD or Intel chips are out of luck for now. WATCH: Microsoft to release controversial Windows Recall AI search feature to testers in October

Persons: It's, you've Organizations: Microsoft, Pro, Qualcomm, Windows, AMD, Intel Locations: New York

Mexico gained tens of thousands of jobs when U.S. and foreign automakers moved their plants to Mexico under the free trade pact to take advantage of much lower wages. But the idea that Chinese parts — or even whole cars — could be piggybacking on that arrangement to further hollow out the U.S. auto industry has enraged some people north of the border. Mexico hopes the rules of the agreement would prevent the U.S. or Canada from simply walking away when the trade pact comes up for review in 2026. Mexican officials say they have fewer imports of Chinese parts and products than the United States does. In the end, Mexico may be forced to crack down on Chinese imports, but it won't be easy.

Persons: Donald Trump, Justin Trudeau, Claudia Sheinbaum, ” Sheinbaum, Sheinbaum, Marcelo Ebrard, ” Ebrard, Gabriela Siller, ” Siller, “, . Mahoney, ” Mahoney, Sen, Sherrod Brown, José María Ramos Organizations: MEXICO CITY, —, Canadian, Banco Base, Baker Institute, Ohio Democrat, Colegio, Associated Press Locations: MEXICO, — Mexico, North America, U.S, Mexico, Canada, Morena, China, Asia, United States, Mexican, Trump's, Texas, Ohio, Frontera Norte, Tijuana

☆ Bitcoin vs. gold: State Street worries the crypto rally's allure is distracting precious metal investors
▼ + stars: | 2024-11-23 | by ( Krysta Escobar | ) www.cnbc.com time to read: +2 min

The bitcoin rally is generating a false sense of security among investors, according to the strategist behind the so-called granddaddy of gold exchange-traded funds. State Street Global Advisors' George Milling-Stanley warns cryptocurrency plays don't offer the stability of gold. Milling-Stanley's comments came as his firm's SPDR Gold Shares ETF (GLD) celebrated its 20-year anniversary this week. It is the world's largest physically backed gold ETF, and it's up more than 30% in 2024. "But they called it mining because they wanted to seem like gold — maybe take some of the aura away from the gold."

Persons: George Milling, Stanley, cryptocurrency, It's Organizations: Street Global Advisors

☆ 21+ Best Secret Santa and White Elephant Gifts for 2024
▼ + stars: | 2024-11-22 | by ( Bethany Heitman | Bethany Heitman Is A Contributing Editor At Nbc Select. | ) www.nbcnews.com time to read: +12 min

Love them or hate them, Secret Santa and White Elephant gift exchanges are a popular holiday tradition. Below, find some of the best gifts for Secret Santa or White Elephant parties. SKIP AHEAD The best Secret Santa and White Elephant gifts in 2024 | Why trust NBC Select? The best Secret Santa and White Elephant gifts in 2024We rounded up gift ideas based on our previous coverage and NBC Select recommendations to help you find the right gift for your white elephant and Secret Santa gift exchanges. The bag is also slightly padded to provide protectionSometimes the best White Elephant or Secret Santa gifts are the things you may not buy for yourself, but that are super fun to own.

Persons: I’ve, Biana Alvarez, Peacock, Max, Rebecca Rodriguez, it’s, Rodriguez, ”, Harry Rabinowitz, “, Alvarez, gifting, Lindsay Schneider, foodies, Bethany Heitman, Bianca Alvarez, TikTok Organizations: NBC, JBL, NBC Giftable Tech, Netflix, Hulu, Apple, Bluetooth, Hydro, Facebook, Twitter Locations: Belgian, Texas

☆ Amazon to invest another $4 billion in Anthropic, OpenAI’s biggest rival
▼ + stars: | 2024-11-22 | by ( Hayden Field | Hayden Field Is A Cnbc Reporter | ) www.nbcnews.com time to read: +3 min

Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives. Anthropic is the company behind Claude — one of the chatbots that, like OpenAI’s ChatGPT and Google’s Gemini, has exploded in popularity. In March, Amazon’s $2.75 billion investment in Anthropic was the company’s largest outside investment in its three-decade history. The companies announced an initial $1.25 billion investment in September 2023. In September, Anthropic rolled out Claude Enterprise, its biggest new product since its chatbot’s debut, designed for businesses looking to integrate Anthropic’s AI.

Persons: Claude chatbot, Claude —, Claude, It’s, Anthropic, Jared Kaplan, Kaplan, Claude Enterprise Organizations: Microsoft, Meta, AWS, Amazon’s, CNBC, Google Locations: Anthropic, Amazon, San Francisco

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