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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIsrael's response to Iran and impact on oil remains in question, says RBC's Helima CroftHelima Croft, RBC Capital Markets global head of commodity strategy, and John Kilduff, Again Capital founding partner, join CNBC's 'The Exchange' to discuss outlooks on oil as prices fall 5%, expectations for conflict in the Middle East, and more.
Persons: RBC's Helima Croft Helima Croft, John Kilduff, CNBC's Organizations: RBC Capital Markets, Capital Locations: Iran
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNetflix has a real problem with its 'no theaters' strategy, says Puck's Matt BelloniMatt Belloni, Puck founding partner, joins 'Squawk Box' to discuss what to expect from Netflix's quarterly earnings results on Thursday, Netflix's foray into sports, Joker's fall at the box office, Hurricane Milton's impact on Disney, and more.
Persons: Matt Belloni Matt Belloni, Puck Organizations: Netflix, Disney
AdvertisementThe small Swiss town of Gstaad, nestled in the Bernese Alps, looks like a setting ripe for a Sound of Music-inspired fairytale. Longevity Investors Conference/David BiedertThis is where longevity seekers come each fall for an intimate conference connecting investors to entrepreneurs and scientists. AdvertisementYes, there is still some Swiss cheese, wine, and desserts on offer at the Longevity Investor's Conference for those who wish to indulge. Longevity Investors Conference/David BiedertInvestment is flowing into early-stage longevity companies that are bringing tests and products to market. Longevity Investors Conference/David BiedertEquipped with Starlink satellite internet, the boat is designed for "floating coworking."
Persons: , David Biedert, Moritz, Marc Bernegger, Longevity.Technology, who've, Bryan Johnson, Nir Barzilai, Alex Colville, Emil Kendziorra, Tobias Reichmuth, rapamycin, berberine, nature's, Reichmuth, David Furman, who'd, Julie Andrews, Madonna, Valentino Organizations: Business, Service, Longevity, Conference, Academy for Health, David, Bold, Michelin Locations: Switzerland, Gstaad, Bernese, St, Singapore, Tel Aviv, Age1, San Francisco, Antarctica, Sardinia, Italy, Okinawa, Japan, Zurich
China is expected to announce extra fiscal policy support on Saturday. The lack of consumer support in China's last stimulus package disappointed investors. According to a Bloomberg survey, most analysts expect authorities to pledge $283 billion of fiscal stimulus at Saturday's highly anticipated press conference. Chinese authorities followed up by announcing Saturday's press conference, which promised to introduce new measures centered on fiscal policy. Some analysts remain less sure about what fiscal stimulus will actually achieve on its own, pointing out that Beijing needs to pursue structural reforms to revive consumer confidence.
Persons: , Lan Fo'an, China's, Mark Williams, Stephen Roach, Arthur Kroeber, Gavekal Organizations: Bloomberg, Service, Finance, Analysts, CSI, Reform Commission, Capital Economics, Asia, Financial Times Locations: China, Beijing, Yale
Dow and S&P 500 end week on another record close
  + stars: | 2024-10-11 | by ( ) 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 EmailDow and S&P 500 end week on another record closeVictoria Greene, G Squared Private Wealth founding partner, and Ryan Detrick, Carson Group Chief Market Strategist, joins 'Closing Bell Overtime' to talk the day's record market action.
Persons: Victoria Greene, Ryan Detrick Organizations: Dow, Private Wealth, Carson Group
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDiversification of bull rally healthy for investors, says analystFiona Frick, founding partner of Circe Invest, discusses Fed policy and explains why the economy is still fragile despite strong employment data.
Persons: Fiona Frick, Circe Invest
The UAE's AI minister believes we'll have "centers and nodes of excellence across the world." Last year, the country's wealthiest emirate, Abu Dhabi, launched Falcon — its first open-source large language model. Abu Dhabi's ruling family also controls several of the world's largest sovereign wealth funds, including the Abu Dhabi Investment Authority and Mubadala Investment Company, a founding partner of MGX. In 2010, New York University launched a branch in Abu Dhabi that has since developed a focus on AI. Its "true strengths lie in the leadership's strategic vision, substantial investments in AI research and compute capacity, and government-led initiatives in industry.
Persons: we'll, , Omar Sultan Al Olama, Al Olama, Abu Dhabi's, PwC, It's, Mohamed bin, Abu Dhabi, Nancy Gleason, Mohamed Organizations: United, United Arab Emirates, Service, Stanford's Center, Atlantic Council, International Trade Administration, Abu, Abu Dhabi Investment Authority, Mubadala Investment Company, Atlantic, New York University, University of Artificial Intelligence, Intelligence, NYU Abu Locations: United Arab, Silicon Valley, Malta, Paris, United Arab Emirates, UAE, Silicon, Abu Dhabi, United States, China, Dubai, University, Abu, NYU Abu Dhabi
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGreene: The markets have been resilient despite recent challenges. Victoria Greene, Founding Partner & CIO at G Squared Private Wealth, describes the economic "tempest" impacting data and markets, highlighting resilience amid challenges.
Persons: Greene, Victoria Greene Organizations: Partner, G Squared, Wealth
Here's where OpenAI's 11 cofounders are now
  + stars: | 2024-10-03 | by ( Jyoti Mann | ) www.businessinsider.com   time to read: +7 min
Most of OpenAI's cofounders have left the startup, with some going to rivals. Here's where all 11 of its cofounders are now and how many remain at the $157 billion company. Here's where all of the 11 cofounders are now. According to her LinkedIn profile, she used to work at Facebook as an AI research engineer before joining Stripe as a software engineer in 2016. OpenAI and none of its 11 cofounders immediately responded to Business Insider's requests for comment, made outside normal working hours.
Persons: it's, Sam Altman, , OpenAI, Mira Murati, Barret Zoph, Bob McGrew, Ilya Sutskever, John Schulman, Anthropic, Jason Redmond, Altman, John Schulman Schulman, OpenAI's, Jan Leike, Schulman, Wojciech Zaremba Zaremba, Zaremba, Ekon, Musk, Ilya Sutskever Ilya Sutskever, JACK GUEZ, Getty Sutskever, Sustkever, Sustskever, Greg Brockman Brockman, he's, Kingma, Andrej Karpathy Andrej Karpathy, Karpathy, Vicki Cheung Cheung, Elon, Elon Musk, ALAIN JOCARD, Brockman, cofounding OpenAI, Pamela Vagata Vagata, Trevor Blackwell Blackwell, cofounders Organizations: Here's, Service, Getty, OpenAI's Superalignment, OpenAI, Inc, Google DeepMind, Anthropic, Tesla, San Francisco Chronicle, Hearst Newspapers, Getty Images Research, Eureka Labs, SpaceX, The Boring Company, Facebook Locations: AFP, OpenAI, cofounding, Pebblebed
Greene: Longer disruptions could have significant effects
  + stars: | 2024-10-01 | 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 EmailGreene: Longer disruptions could have significant effectsVictoria Greene, Founding Partner and Chief Investment Officer at G Squared Private Wealth, emphasizes the need to focus on earnings amid the ongoing strike, which could result in a daily economic loss of $4 billion if prolonged.
Persons: Greene, Victoria Greene Organizations: G Squared, Wealth
New Delhi CNN —Fans eagerly awaiting the return of Coldplay to India were shocked to find tickets being resold online for as much as $11,000, prompting police to seek a statement from the CEO of the shows’ vendor over allegations of fraud. Tickets were scheduled to go on sale by the official vendor, BookMyShow (BMS), at 12 p.m. local time on September 22. Amit Vyas, a lawyer and founding partner of Mumbai law firm Vertices Partners, was among fans waiting for tickets on the vendor’s website when he was suddenly locked out. The complaint was in connection with the alleged sale of fake tickets for concerts on certain platforms, according to CNN affiliate News18. Coldplay fans told CNN their attempts to buy tickets to January’s shows at DY Patil Stadium in Mumbai left them frustrated and disappointed.
Persons: New Delhi CNN —, Amit Vyas, ” Vyas, BookMyShow, Ashish Hemjarani, Arkatapa Basu, , , Ishaan, Taylor Organizations: New, New Delhi CNN, Coldplay, Bank, Partners, CNN, News18, Oasis, Ticketmaster Locations: New Delhi, India, British, Mumbai, Mumbai –, Delhi –, Bengaluru, Delhi, Abu Dhabi
Dow and S&P 500 reach another record close
  + stars: | 2024-09-30 | by ( ) 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 EmailDow and S&P 500 reach another record closeDan Skelly, Head of Wealth Management Market Research & Strategy Team, and Emily Hill, Bowersock Capital Partners founding partner, join 'Closing Bell Overtime' to talk another day of record market action.
Persons: Dan Skelly, Emily Hill Organizations: Dow, Wealth Management Market Research, Strategy, Bowersock Capital Partners
CNN —An 18-year-old has filed a lawsuit over the ownership of the ball Shohei Ohtani made baseball history with when he became the inaugural member of the 50-50 club. The ball had been put up for auction by auctioneers Goldin, with bids starting at $500,000 and collectors able to purchase it privately outright for $4.5 million. Both Belanski and Kelvin Ramirez indicated on social media that they intended to sell the ball, per the filing. In December 2002, a San Francisco judge ordered the two men to sell the ball and split the proceeds. The ball was eventually sold to comic book creator and producer Todd McFarlane who paid $450,000 for it.
Persons: Ohtani, auctioneers Goldin, Max Matus, Chris Belanski –, Goldin, Kelvin Ramirez, Matus, Max’s, Belanski, , ” John Uustal, it’s, Max, , Ramirez, Barry Bonds, Alex Popov, Patrick Hayashi, Hayashi, Todd McFarlane Organizations: CNN, Los Angeles Dodgers, Miami Marlins, Dodgers, Marlins, ” CNN Locations: Florida’s, Belanski’s, Matus, San Francisco
OpenAI is said to be closing a funding round that could value the company at as much as $150 billion. "Kushner is betting the ranch on OpenAI and Sam Altman just as Masa Son pledged 40% of his Vision Fund on Yahoo and Jerry Yang. "Second, Sam Altman has proven himself to be one of the greatest tech founders of this generation. Sam Altman has said that AI superintelligence could be a reality within "a few thousand days ." "Everybody wants Sam Altman at the helm, and they're willing to do anything to keep him as the CEO.
Persons: OpenAI, , Sam Altman, ChatGPT, Mira Murati, Bob McGrew, Barret Zoph, Murati's, John Schulman's, Joe Aaron, Aaron, Capital's Josh Kushner, Kushner, Masa Son, Jerry Yang, Jerry Yang wasn't, Jai Das, Goldman Sachs, who's, Altman, they've, Ben Narasin, They're Organizations: Service, Research, Post, Reuters, Nvidia, Apple, Fund, Yahoo, Sapphire Ventures, Venture Locations: Silicon, UAE, OpenAI
S&P 500 hits another record close
  + stars: | 2024-09-26 | by ( ) 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 EmailS&P 500 hits another record closeVictoria Greene, G Squared Private Wealth founding partner, and Jeffrey Kleintop, Charles Schwab chief global investment strategist, joins 'Closing Bell Overtime' to talk the day's record market action.
Persons: Victoria Greene, Jeffrey Kleintop, Charles Schwab Organizations: Private Wealth
Sovereign wealth funds out of the Middle East are emerging as key backers of Silicon Valley's artificial intelligence darlings. In the past year, funding for AI companies by Middle-Eastern sovereigns has increased fivefold, according to data from Pitchbook. Few venture funds have deep enough pockets to compete with the multibillion-dollar checks coming from the likes of Microsoft and Amazon . MGX was launched as a dedicated AI fund in March, with Abu Dhabi's Mubadala and AI firm G42 as founding partners. For the U.S., having sovereign wealth funds invest in American companies, and not in global adversaries like China, has been a geopolitical priority.
Persons: Goldman Sachs, Prince Mohammed bin Salman's, Uber, LIV, UAE's Mubadala, MGX, Abu Dhabi's Mubadala, Anthropic, Andreessen Horowitz, Jamal Khashoggi, It's, Bpifrance, WeWork spiraled, Jared Cohen, there's Organizations: United, CNBC, Microsoft, Gulf Cooperation Council, Saudi Public Investment Fund, Abu, Abu Dhabi Investment Authority, Qatar Investment Authority, BlackRock, Global Infrastructure Partners, Saudi, U.S, Saudi Company, Artificial Intelligence, Washington Post, SoftBank, Goldman Sachs Global Institute Locations: Saudi Arabia, United Arab Emirates, Kuwait, Qatar, Pitchbook, Abu Dhabi, Temasek, Singapore, China, UAE
The 2024 White House race remains too close to call, but Vice President Kamala Harris' momentum is evident when you look just a little past the horse race. Earlier this week, Harris' favorability emerged above water for the first time since shortly after President Joe Biden took office. Soltis Anderson discussed a poll that the interest group commissioned, which found Harris has expanded Biden's once-meager lead over women voters aged 50 and over. Unlike Clinton, Walsh pointed out Harris hasn't spent decades in the spotlight and isn't faced with assuaging voters' fears of a potential political dynasty. Harris' favorability was up slightly in both Pennsylvania and Michigan.
Persons: Kamala Harris, Harris, favorability, Joe Biden, She's, Kristen Soltis Anderson, Soltis Anderson, Debbie Walsh, Tim Malloy, Likability, Barack Obama's, Hillary Clinton, Donald Trump's, Nikki Haley, Gabe Fleisher, reexamined, Trump, Nate Silver's, Walsh, There's, Clinton, Harris hasn't, isn't, Clinton's favorability, Obama's, Mark Robinson, Robinson, Sen, JD Vance, he's, Malloy Organizations: Service, AARP, Business, Center for American Women, Politics, Quinnipiac University Poll, Democratic, Research, Pew Research, State, Rutgers University, Gov, CNN, Republicans, Trump Tower, Trump Locations: North Carolina, Nazi, Nebraska, FiveThirtyEight's, Trump, Pennsylvania, Michigan, Wisconsin
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJoe Lonsdale on overregulation in tech: It's very easy to break the innovation economyJoe Lonsdale, Palantir co-founder and 8VC founding partner, joins 'Squawk Box' to discuss election interference and Big Tech, state of AI regulation, the dangers of overregulation in tech, and more.
Persons: Joe Lonsdale, Palantir Organizations: Big Tech Locations: overregulation
Microsoft CEO Satya Nadella speaks during the company's Build developer conference in Seattle on May 21, 2024. Microsoft and BlackRock are part of a group of companies collaborating to pull together up to $100 billion to develop data centers for artificial intelligence and the energy infrastructure to power them. The group aims to assemble $30 billion of initial capital, with a future goal of bringing in up to $100 billion, including from debt financing. Microsoft said in July that fiscal fourth-quarter capital spending, including assets acquired under finance leases, totaled $19 billion. In January, BlackRock announced its intent to acquire GIP for $3 billion in cash and around 12 million shares of BlackRock common stock.
Persons: Satya Nadella, chatbot, MGX, Abu Dhabi's Mubadala Organizations: Microsoft, BlackRock, Artificial Intelligence Infrastructure Investment Partnership, Global Infrastructure Partners, United, Tech, Nvidia Locations: Seattle, United Arab Emirates, BlackRock
Which is not true.”Las Vegas-based real estate agent Zoila Sanchez photographed outside of her home in Henderson, Nevada. Sanchez is confident, insisting the energy she sees for Harris outweighs the increased Trump talk among fellow Hispanics. “I feel the Democrats take the Hispanic vote for granted here in Vegas or in Nevada,” Cerros said. “She came up with immigrant parents, which to me, it’s amazing for someone like that to come up and be able to be president,” Munoz said. Nevada also elected a Republican governor in 2022, and Munoz believes that makes it more hospitable climate for Trump this year.
Persons: Zoila Sanchez, ” Sanchez, Kamala Harris, , , Donald Trump, “ I’ve, Jacqueline Kalil, CNN Trump, Sanchez, , Joe Biden, Harris, Rogelio Regalado, Rafael Cerros Jr, Cerros, ” Cerros, CNN “, , Regalado, ” Regalado, “ It’s, Hajji, ” Hajji, Henderson, Zena Hajji, who’s, Biden, haven’t, Antonio Munoz, Penny, Trump, Munoz, ” Munoz, ” Antonio Munoz, ” Harris Organizations: Nevada CNN, Las, Reagan Republican, CNN, Trump, , Taco Bar, Biden, Republican Locations: Henderson, Nevada, Las Vegas, Henderson , Nevada, , Spanish, Vegas, Israel, El Mercado, America
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGreene: We are cautiously dip-buying; typically September is the worst month of the yearVictoria Greene, founding partner & chief investment officer at G Squared Private Wealth, expects a 25 basis point rate cut and prefers Dell and Palantir, highlighting a data center REIT as a strong AI play
Persons: Greene, Victoria Greene Organizations: G Squared, Wealth
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump and Harris should have discussed tax plans during the debate: Capital Alpha Partners' LucierJames Lucier, a founding partner at Capital Alpha Partners, joins CNBC's Kelly Evans on "The Exchange" to break down the tax plans of Republican Presidential nominee former President Donald Trump and Democratic Presidential nominee Vice President Kamala Harris.
Persons: Harris, James Lucier, CNBC's Kelly Evans, Donald Trump, Kamala Harris Organizations: Trump, Capital Alpha Partners, Republican Presidential, Democratic
Read previewDuring his decade at Airbnb, Vlad Loktev picked up some pointers from CEO Brian Chesky. Although Loktev noted that their booking numbers were up and things appeared to be running smoothly, the CEO responded, "Things are just too calm. Loktev said he learned from how Chesky strategically inserted some disarray into an otherwise calm process. And he learned it from Chesky, whom Loktev said would continuously grow. AdvertisementIt's not about hitting the goalWhen it came to thinking big, Loktev said Chesky taught him how to rethink big goals.
Persons: , Vlad Loktev, Brian Chesky, Loktev, Chesky, you've, That's, Brian, Paul Graham, Graham, Steve Jobs, they'll, it's Organizations: Service, Zynga, Ventures, Business, Airbnb, VP, Apple Locations: Airbnb, Chesky
Why dividend stocks should be a hot play into fall
  + stars: | 2024-08-24 | by ( Ellie Stevens | ) www.cnbc.com   time to read: +2 min
It appears more investors are eyeing dividend stocks ahead of the Federal Reserve's interest rate decision in September. Paul Baiocchi of SS&C ALPS Advisors thinks it is a sound strategy because he sees the Fed easing rates. ALPS is the issuer of several dividend exchange-traded funds including the ALPS O'Shares U.S. Quality Dividend ETF (OUSA) and its counterpart, the ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM). Relative to the S&P 500 , both dividend ETFs are overweight health care, financials and industrials , according to Baiocchi. Mike Akins, ETF Action's founding partner, views OUSA and OUSM as defensive strategies because the stocks generally have clean balance sheets.
Persons: Paul Baiocchi, CNBC's, Baiocchi, Mike Akins, OUSA, Akins Organizations: C Locations: U.S
Media power struggle: Paramount deal in jeopardy?
  + stars: | 2024-08-23 | 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 EmailMedia power struggle: Paramount deal in jeopardy? Matt Belloni, Puck founding partner, joins 'Squawk Box' to discuss the state of play for Paramount, whether Edgar Bronfman's $6 billion bid for National Amusement and a stake in Paramount should be taken seriously, and more.
Persons: Matt Belloni, Puck, Edgar Bronfman's Organizations: Media, Paramount, National Amusement
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