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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. The market is also taking its cue from Club name Nvidia , but not in the way you would think. 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, We'll, Kent Walker, Walker, we've, Justice Department —, Baird, haven't, Amit Mehta, Mehta, Jim Cramer's, Jim Organizations: CNBC, ., Nvidia, Google, Department of Justice, DOJ, Bloomberg, Justice Department, ISI, Ross Stores, Intuit, Jim Cramer's Charitable Locations: Eaton, Dover
“And many, many of them are castles,” he added of the facades of around 200 love hotels captured in his new photography series. The kind of distinctive architecture Prost documented, however, emerged in the 1960s and 1970s, as the establishments became more upmarket. Considered one of the first modern love hotels, Osaka's Hotel Love opened in 1968. Francois ProstOne of the most famous 1970s love hotels, the Meguro Emperor, was designed to resemble a European castle. A neon-lit love hotel in the city of Numazu.
Persons: François Prost, , Prost, Francois Prost, they’re, Francois Prost Prost, Francois Prost One, ” Prost, Kiss, Francois Prost The, Mark D, West, Francois Prost He’s, Organizations: CNN, Everyday, Locations: France, Chiba, , Honshu, Shikoku, Tokyo, Hamamatsu, Okayama, Japan, Okayama —, Himeji, Everyday Japan, South Korea, Thailand, Shibuya, United States, Numazu, Spain, Ivory Coast
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Fast Money' traders talks regulatory headwinds in the Big Tech spaceThe 'Fast Money' traders talk recent slate of regulatory headwinds that could impact Big Tech including Amazon and Google.
Organizations: Big Tech, Amazon, Google
Igor Golovniov | Sopa Images | Lightrocket via Getty ImagesLONDON — Britain's competition regulator is preparing remedies aimed at solving competition issues in the multibillion-pound cloud computing industry. The sources, who preferred to remain anonymous given the investigation's sensitive nature, said that the cloud market remedies could be announced within the next two weeks. Amazon is the largest player in the market, offering cloud services via its Amazon Web Services (AWS) arm. Ofcom subsequently referred its cloud review to the CMA to address competition issues in the market. She is expected to outline plans for a review in 2025 into whether the CMA should more frequently use behavioral remedies when approving deals, the FT reported.
Persons: Igor Golovniov, there's, Sarah Cardell, Keir Starmer Organizations: Ofcom, Microsoft, Getty, Markets, CNBC, CMA, Amazon, Web Services, Google, Chatham House, Financial Times Locations: U.S, U.K
I moved to Italy in my 20s after a summer study abroad in Rome during my senior year of college. The most shocking cultural differences are the little things in daily lifeA big part of the "la dolce vita" concept is that life moves slower. Italy isn't as "online" as the US, so you're better off going to a place in person rather than trying to call or email. AdvertisementThe traditional Italian home, which is pretty tiny, isn't designed for people to spend a lot of time there. Seeing the way Italians live, though, has left me in awe of the typical American home, decorated to personal taste with private green space.
Persons: I'm, it's, I've Organizations: KFC, Google Locations: Italy, Rome, United States, America, , Missouri
AdvertisementThe DOJ has asked the judge in its antitrust case against Google to force the tech giant to sell Chrome, its massively popular browser. In August, a judge ruled Google violated antitrust laws and acted as a monopoly when it came to its search engine. Google will have a chance to respond next month with its own plan before the judge makes a ruling next year. That makes it a powerful distribution arm for Google since Chrome's default search engine is … Google. And Apple was making at least $20 billion a year by defaulting to Google Search .
Persons: Billy Bob Thornton, Trump, Elon Musk, Vivek Ramaswamy, Chelsea Jia Feng, Hugh Langley, Lara O'Reilly, Lara, Apple, Donald Trump, Matt Gaetz, Marc Rowan, Arturo Holmes, Apollo, Scott Kleinman, Jim Zelter, Morgan Stanley's, Jeff McMillan's, he's, You've, that's, Michael M, Tyler Le, Google's DeepMind, John Deere, Biden, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Justice Department, Google, Tech, Nvidia, Elon, DOJ, Microsoft, YouTube, Bloomberg, Big Tech, Trump, Getty, , Comcast, Boston Celtics, White Locations: Los Angeles, New York, Chicago, London
Parton purchased the Brentwood, Tennessee, home she shares with husband Carl Dean for $400,000 in 1999. Dolly Parton's estate in Brentwood, Tennessee. It's a far cry from her roots: Parton grew up in a two-room log cabin with her parents and 11 siblings in Sevierville. The cabin had no electricity or running water, but Parton remembered her years there fondly in her 1973 song "My Tennessee Mountain Home." Dollywood features a replica of her childhood home built by her brother, Bobby, and furnished by her mother, Avie Lee.
Persons: Parton, Carl Dean, Dolly Parton's, Dolly, Dean, we'd, It's, Carl, Bobby, Avie Lee Organizations: Google, Daily Express, The New York Locations: Brentwood , Tennessee, Mississippi, Tennessee, Sevierville
AdvertisementDonald Trump has surrounded himself with people who have competing views on AI regulation. Elon Musk, for example, has supported more AI regulation in the past. Some Silicon Valley veterans are betting that president-elect Donald Trump's new administration will make AI development a top priority. AdvertisementMusk, who spent over $130 million on Trump's campaign, has called for greater regulation of AI in the past. It's not clear if that effort will impact their views on AI regulation.
Persons: Donald Trump, Elon Musk, JD Vance, Donald Trump's, Big, Marc Andreessen, Trump, Joe Biden, California's, Gavin Newsom, OpenAI, Sam Altman, Greg Brockman, Vivek Ramaswamy, Ramaswamy, It's, Vance, Calvin Newport, Eric Schmidt Organizations: Trump, Trump Super PAC, Washington Post, California, Department of Government, Big Tech, Georgetown University Locations: Washington, Silicon Valley, China
On Wednesday, DOJ officials in the antitrust division filed their proposal for remedies in the case. The DOJ wants Judge Mehta to force Google to sell its Chrome browser. Officials from the Department of Justice, in a Wednesday filing, urged District Judge Amit Mehta to force Google to sell its Chrome browser. AdvertisementMehta will consider the DOJ's proposal before he makes a final ruling regarding remedies in this case. "But if Google is able to control the company that buys Chrome, the impact of selling the business would be minimal.
Persons: Amit Mehta, Judge Mehta, Mehta, Lee, Anne Mulholland, Eric Chaffee, it's, Peter Cohan, Neil Chilson, Chilson, Joe Biden's, Donald Trump, Trump, Biden, Cohan, Chafee Organizations: Google, DOJ, Department of Justice, Apple, Business, Bloomberg, Case Western Reserve University, Babson College, FTC, Chrome, Case
The Justice Department on Wednesday asked the judge in its antitrust case against Google to force the company to sell its Chrome browser. "Advertisers would find competitors for their business, rather than needing to pay a dominant search engine." When you open Chrome and type something into the search bar at the top, these words are automatically transformed into a Google Search. And when there's an option for users, Google pays partners billions of dollars to set its search engine as the default. For instance, if most people click on the third result, Google's Search engine will likely adjust and rank that result higher in the future.
Persons: Mehta's, John Kwoka, Judge Mehta, Bing, There's, Bill Gurley, Sridhar Ramaswamy, Neeva, Ramaswamy, Teiffyon Parry, Equativ, Parry, Ben Thompson, John Gruber, Lee, Anne Mulholland Organizations: DOJ, Google, Department, Wednesday, Northeastern University, Chrome, Lens, Google's, Gmail, YouTube, Bloomberg
AdvertisementGoogle's DeepMind and YouTube previously built and shelved Orca, an AI music tool. Orca could generate music mimicking artists. Google trained it on copyrighted YouTube music videos. In November 2023, DeepMind announced a music generation AI model named Lyria, which was a pared-down version of the Orca project. AdvertisementSome employees who worked on Lyria and Orca left to found a new startup named Udio, which makes an AI music creation app.
Persons: Lizzie Widhelm, Taylor Swift, Orca, OpenAI, DeepMind, John Legend — Organizations: YouTube, Google
DOJ seeks Google Chrome break off
  + stars: | 2024-11-21 | 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 EmailDOJ seeks Google Chrome break offCNBC's Deidre Bosa joins 'Money Movers' with the latest details on the DOJ's scrutiny of Google.
Persons: Bosa Organizations: DOJ, Google
AdvertisementThe idea that testing and tracking your health will help you live longer is buzzy right now. I feared I had problems like high cholesterol or blood sugar and paid $156 for a direct-to-consumer health test. The author eating pineapple to feel less dizzy after the blood tests. AdvertisementDirect-to-consumer tests might seem like a good idea, but in most cases, you'd be better off letting sleeping dogs lie. AdvertisementMore testing isn't necessarily betterPeople tend to think that tests can only do good, but unnecessary health testing can actually be harmful, Plüddemann said.
Persons: I'd, you'll, Max, I'm, I've, Kim Schewitz, Annette Plüddemann, Plüddemann Organizations: Global Wellness Institute, University of Oxford, Nova Locations: Arizona, Australia
New research based on the findings, published in several papers Wednesday in Nature and its sister journals, represents a “leap in understanding of the human body,” according to the Human Cell Atlas consortium. Regev compared scientific knowledge of cell biology before the Human Cell Atlas initiative with a “15th century map.”“Now, years later, the resolution of the map is a lot higher,” she said. The cell atlas aims to fill in a missing link between genes, diseases and treatment therapies. During the Covid-19 pandemic, the Human Cell Atlas community used the available data to reveal that the nose, eyes and mouth were most vulnerable to infection. “It was only clear through the Human Cell Atlas data that those cells were … entry points before the virus continued into the internal organs.
Persons: , , Aviv, Daniel Montoro “, we’ve, Regev, , Sarah Teichmann, Ken, Blain, Robert Hooke, ” Teichmann, Jeremy Farrar, ” Farrar Organizations: CNN, Human Cell Atlas, Genome, Cell, Google, Human, Human Cell, Cambridge Stem Cell, UK’s University of Cambridge, Wellcome Sanger Institute, Institut, la Vision, HCL, Lyon, World Health Organization Locations: Nature, Genentech, South San Francisco , California, Cambridge, England, Paris, Lyon English
These honorees showcase how AI-powered solutions married with Twilio can solve business challenges and revolutionize customer interactions across diverse industries and regions. AlpharunAlpharunAlpharun is an AI phone interview platform that accelerates screening for high-volume hiring teams by integrating Twilio's messaging, voice, IVR, and SIP Trunking. By integrating products like SMS, Voice, IVR, and 2FA, they ensure seamless, secure, multi-channel support that moves beyond static chatbots. Utilizing Twilio's SIP Trunking, IVR, and Voice APIs, their conversational AI encourages screenings. GoodCall boosts productivity and streamlines customer interactions, using Twilio's SMS, Voice, IVR, Email, and security tools to enhance multi-channel communication and reliability.
Persons: Twilio, Alice, Jordan, Alpharun, Althea, Althea Health Althea Health, Elythea, GAIL LULA, GAIL, Olivia, Storii, Symbl.ai Organizations: Trunking, Althea Health, Voice, Inc, Financial Services, meiti, GmbH, SMS, Insider Studios Locations: North America, America
Alphabet shares slid 6% Thursday, following news that the Department of Justice is calling for Google to divest its Chrome browser to put an end to its search monopoly. The proposed break-up would, according to the DOJ in its Wednesday filing, "permanently stop Google's control of this critical search access point and allow rival search engines the ability to access the browser that for many users is a gateway to the internet." This development is the latest in a years-long, bipartisan antitrust case that found in an August ruling that the search giant held an illegal monopoly in both search and text advertising, violating Section 2 of the Sherman Act. The potential break-up would include preventing Google from entering into exclusionary agreements with competitors like Apple and Samsung, part of a set of remedies that would last 10 years. CNBC's Jennifer Elias contributed to this report.
Persons: Sherman, CNBC's Jennifer Elias Organizations: Department of Justice, Google, DOJ, Apple, Samsung
The US government's lawyers said Google should be banned from offering "anything of value for any form" of search distribution. For instance, if most people click on the third result for a particular query, Google's search engine will likely adjust and rank that result higher in the future. They know that the search business is mainly about distribution, and Google may not be able to do this now. "We believe Google's default search placements via contractual agreements represent 50%+ of Google's US search queries," he estimated on Thursday. If half of Google's search queries go away, that could threaten the self-reinforcing cycle of user click data improving its results.
Persons: Mark Mahaney, , Kent Walker Organizations: DOJ, Google, US Department of Justice, Chrome, US, Apple Locations: Google's
Black Friday is still a few weeks away, but early Black Friday Best Buy deals are already here, with notable deals on TVs, laptops, headphones and more. I frequently cover shopping events as a tech reporter for NBC Select, and I’ve been combing through discounts to find the best early Black Friday Best Buy deals actually worth shopping. SKIP AHEAD Best early Black Friday Best Buy deals | How I found the best early Black Friday Best Buy deals | Why trust NBC Select? How I found the best early Black Friday Best Buy dealsAll of my recommendations above are based on NBC Select’s previous coverage and reporting. For this piece, I researched early Black Friday deals across Best Buy to find notable products across categories like home, audio, TVs and gaming.
Persons: Belkin, Zoe Malin’s, It’s, Smart, Mario, TikTok Organizations: Retailers, Walmart, Home, NBC, Echo, Gaming, Nintendo, Mario Kart, Travel, Giftable Tech, Facebook, Twitter
When Tomas Gorny started a tech business in 2001, he wasn't thinking about becoming a billionaire someday. Gorny started a business called Ipower, which sold software that helped people build their own websites. Six years later, he sold Ipower to web hosting company Endurance International for a reported $100 million. Perhaps ironically, Gorny says the more modest goal helped helped him grow his company's bottom line far more effectively. Once he released his more developed products, Ipower started adding hundreds of new customers per day, he says.
Persons: Tomas Gorny, Nextiva, who'd, he'd, Gorny, , Interliant, Ipower Organizations: Endurance, Internet Communications, Endurance International, Google, Microsoft Locations: Scottsdale , Arizona, Polish, U.S
The request follows a landmark ruling in August by Judge Amit P. Mehta of the U.S. District Court for the District of Columbia that found Google had illegally maintained a monopoly in online search. Judge Mehta asked the Justice Department and the states that brought the antitrust case to submit solutions by the end of Wednesday to correct the search monopoly. Beyond the sale of Chrome, the government asked Judge Mehta to give Google a choice: either sell Android, its smartphone operating system, or bar Google from making its services mandatory on phones that use Android to operate. If Google broke those terms, or the remedies failed to improve competition, the government could force the company to sell Android at a later date. Google should also be required by the court to allow rival search engines to display the company’s results and access its data for a decade, the government said.
Persons: Judge Amit P, Mehta, Judge Mehta Organizations: Justice Department, Google, U.S, District of, Chrome, Apple Locations: District of Columbia
Several companies, from Airbnb to Snap, are now reconsidering the utility of product managers entirely, while others claim that the product manager's reign will only expand in the age of AI. Advertisement"The shift in power moved from engineering to product managers," says Hubert Palan, the CEO of Productboard, a company that provides software for product managers. "The product manager is at the center of everything," says Avi Siegel, a former product manager who's working on his own startup, Momentum. Whether their coworkers are happy about it or not, product managers are gaining recognition. "The future really does belong to product managers," says Frank Fusco, a product manager turned CEO of a software company called Silicon Society.
Persons: Elle, Sundar Pichai, Satya Nadella, YouTube's Neal Mohan, Gamble, Hubert Palan, doesn't, Avi Siegel, who's, Aaron, he's, ZipRecruiter, Zippia, I've, they're, Palan, Meg Watson, Watson, Brian Chesky, Paul Graham —, Frank Fusco, Fusco Organizations: LinkedIn, Procter, Hewlett, Packard, Microsoft, Apple, Google, Companies, Big Tech, Carnegie Mellon University, . News, McKinsey, Software, Spotify, Chesky, Silicon Society
Nvidia to report third-quarter earnings after the bell
  + stars: | 2024-11-20 | by ( Kif Leswing | ) www.cnbc.com   time to read: +1 min
Nvidia CEO Jensen Huang arrives at the launch of the supercomputer Gefion, at the Vilhelm Lauritzen Terminal in Kastrup, Denmark, Oct. 23, 2024. Nvidia reports fiscal third-quarter earnings Wednesday after the market closes. Here's what Wall Street is looking for, per LSEG consensus estimates:Revenue : $33.16 billion: $33.16 billion Earnings per share: 75 cents, adjustedHow Nvidia sees the current quarter shaping up is even more important than the results. Wall Street expects Nvidia to forecast 82 cents per share on $37.08 billion in sales. In August, Nvidia said it expected about "several billion" in Blackwell sales during the January quarter.
Persons: Jensen Huang, Blackwell Organizations: Nvidia, Vilhelm, Microsoft, Google, Oracle, Blackwell Locations: Kastrup, Denmark
Shares of 7-Eleven owner Seven & i soared nearly 11% on Wednesday after a report said the company's founding family was raising more than $50 billion to take the company private within this fiscal year. According to a report by Japanese public broadcaster NHK, the founding family will raise over 8 trillion yen ($51.66 billion) from "three Japanese megabanks and major American financial institutions," according to a Google translation of the report in Japanese. Should this acquisition go through, it will be the largest buyout of a Japanese company to date, NHK said. Seven and i said "no decision has been made regarding a proposed deal with Junro Ito, Ito Kogyo, ACT [Alimentation Couche-Tard] or other third parties at this time," Reuters reported. Junro Ito is Seven & i's vice president and the son of late Masatoshi Ito, founder of Seven & i. Ito-Kogyo is a company affiliated with the vice president, and is Seven and i's second-largest stakeholder with an 8.2% stake.
Persons: Junro Ito, Ito Kogyo, Masatoshi Ito, Ito, Tard Organizations: NHK, Seven, ACT, Reuters
REUTERS/Ken CedenoThe Department of Justice is calling for Google to divest its Chrome browser, following a ruling in August that the company holds a monopoly in the search market. Chrome, which Google launched in 2008, provides the search giant with data it then uses for targeting ads. Additionally, the DOJ said that Google be prevented from entering into exclusionary agreements with third parties like Apple and Samsung. The DOJ also said that remedies should prevent Google from eliminating "emerging competitive threats through acquisitions, minority investments, or partnerships." In August, a federal judge ruled that Google holds a monopoly in the search market.
Persons: Jonathan Kanter, General Merrick Garland, Lisa O, Ken Cedeno, Sherman Organizations: Live Nation Entertainment, Monaco, Department of Justice, REUTERS, Department, Justice, Google, Chrome, DOJ, Apple, Samsung, Microsoft, Android Locations: Washington , U.S
AdvertisementNolan Church is a former Google recruiter who says you could be holding yourself back from a promotion. There could be a misalignment in how an employee thinks they're doing and how management thinks they're doing, most likely due to a lack of feedback. These things surface when it comes time for a promotion, but they're hard to fix when you're unaware it's a problem. Ask your manager what you need to work on to move on to the next level. Budget constraints or business challengesIf a business isn't doing well, promotions are most likely not happening or are occurring at a significantly decreased rate.
Persons: Nolan, they're, I've, you've, that's, I'm, doesn't Organizations: Nolan Church, Google Locations: Salt Lake City
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