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☆ How the world’s largest tech event is forging a future AI economy
▼ + stars: | 2024-10-15 | by ( ) edition.cnn.com time to read: +6 min

A next generation agendaGITEX GLOBAL will span 40 halls across two locations, bringing together the entire international technology community to set the global agenda for the future AI economy. With the global AI market projected to reach $2.7 trillion by 2032, the event will showcase the latest advancements driving this remarkable growth. GITEX GLOBAL 2024 AGENDA MONDAY: TECH INVESTMENT DAY - Explore the latest investment trends that are reshaping global wealth. In addition, the World Future Economy Digital Leaders Summit will see global innovators and influential leaders address critical priorities shaping the future of technology. By bringing together diverse stakeholders from across the globe, the event is poised to shape the future of the AI economy and reinforce Dubai’s vision of becoming a global tech hub.

Persons: Martin Pfeiffer, Fabrizio del Maffeo, Alexander Zhavoronkov, Dr, Diane Janosek, Brett Johnson, Ekaterina Serban, Surinder Organizations: Dubai World Trade, Dubai Harbour, TECH, Tech, Google, Huawei, IBM, Microsoft, Nvidia, Oracle, European NVIDIA, ”, InSilico, supercomputing, UAE Cybersecurity Council, TCB, National Security Agency, Pentagon, Bosch, Paramount Locations: Dubai, European, Hong Kong

☆ From swimming cars to rectangular steering wheels, here's what's going on at the Paris auto show
▼ + stars: | 2024-10-15 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

PARIS, France — Auto giants have descended on the Paris Motor Show to showcase their latest concepts and production models, jostling to capture the public's attention with eye-catching designs and futuristic technologies. The pressure on European automakers is poised to ratchet up even further next year when emissions-reduction targets come into force. It is hoped that the Paris Motor Show can prove to be something of a turning point for Europe's auto industry, with many rolling out affordable EVs in an attempt to keep up with their Chinese competitors. The automaker welcomed visitors — including French President Emmanuel Macron — to take a close look at its Hypersquare steering wheel. Peugeot said the steering wheel's rectangular shape, which resembles a video game controller, will be in production from 2026.

Persons: Emmanuel Macron — Organizations: France — Auto, Paris, Volkswagen, BMW, Peugeot Locations: PARIS, France

☆ Nobel economics prize goes to global inequality researchers
▼ + stars: | 2024-10-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +3 min

Three U.S.-based academics won the 2024 Nobel economics prize on Monday for their research into why global inequality persists, especially in countries dogged by corruption and dictatorship. The laureates have demonstrated the importance of societal institutions for achieving this,” said Jakob Svensson, Chair of the Committee for the Prize in Economic Sciences. Last year, Harvard economic historian Claudia Goldin won the prize for her work highlighting the causes of wage and labour market inequality between men and women. In 2019, economists Abhijit Banerjee, Esther Duflo and Michael Kremer won the award for work on fighting poverty. The economics prize has been dominated by U.S. academics since its inception, while U.S.-based researchers also tend to account for a large portion of winners in the scientific fields for which 2024 laureates were announced last week.

Persons: Simon Johnson, James Robinson, Daron Acemoglu, ”, Jakob Svensson, Alfred Nobel, Acemoglu, ” Acemoglu, Johnson, Robinson, Milton Friedman, John Nash —, Russell Crowe, Ben Bernanke, Claudia Goldin, Abhijit Banerjee, Esther Duflo, Michael Kremer, Victor Ambros, Gary Ruvkun, Japan’s Nihon Organizations: Royal Swedish Academy of Sciences, Economic Sciences, Bank, Sveriges, Massachusetts Institute of Technology, University of Chicago, Technology, Federal, Research, Harvard, U.S Locations: U.S, Hiroshima, Nagasaki

☆ Hyper-local vs. hyper-focused: Two China ETFs go on different paths
▼ + stars: | 2024-10-12 | by ( Krysta Escobar | ) www.cnbc.com time to read: +1 min

In this article Follow your favorite stocks CREATE FREE ACCOUNTwatch nowTwo exchange-traded funds are looking for profits in China with two different strategies. While the Rayliant Quantamental China Equity ETF dives into specific regions, the newly launched Roundhill China Dragons ETF buys the country's biggest stocks. Zoom In Icon Arrows pointing outwardsSince its inception on Oct. 3, the Roundhill China Dragon ETF is down almost 5% as of Friday's close. Meanwhile, Jason Hsu of Rayliant Global Advisors is behind the hyper-local Rayliant Quantamental China Equity ETF. "It paints a very different picture because China is sort of a different part of its growth curve."

Persons: Dave Mazza, CNBC's, Jason Hsu Organizations: China Equity, China Dragons ETF, Roundhill, China, Rayliant Global Advisors, China Equity ETF, CNBC Locations: China, U.S

Comcast CEO Brian Roberts chose Shell to replace Steve Burke as NBCUniversal CEO in 2019. Soon, Shell, 59, will be at the helm of Paramount and paired with Ellison, who has already expressed his desire to transition Paramount into a more modern media company. The 10 p.m. hourAt Paramount, Shell will be given an asset mix similar to what he oversaw at NBCUniversal — save the theme parks. Wolf's shows were also significant moneymakers for NBCUniversal, according to a person familiar with the matter. Some media analysts, such as LightShed Partners' Rich Greenfield, have argued Paramount Global should shut down Paramount+ and instead license Paramount content to other streamers with more scale.

Persons: Jeff Shell, Eric Gaillard, NBCUniversal, David Ellison, Ellison, Comcast's NBCUniversal, Shell, Brian Roberts, Steve Burke, RedBird, Andrew Brandon, Gordon, Shell's, —, Skydance, NBC —, CNBC's David Faber, George Cheeks, Hollywood creatives, Dick Wolf, Kevin Dietsch, Stephen Colbert, it's, we've, Pluto, Rich Greenfield, Shell's playbook, We've, Peacock, Roberts, Andrew Wilson, Brian L, Eric Charbonneau, Wall, Mark Hoffman, Shepard Smith, Hoffman Organizations: NBCUniversal, Cannes Lions International, Creativity, Reuters, Paramount Global, Skydance Media, Shell, CNBC, Paramount, Fox, Comcast, NBCU International, Universal, Entertainment Group, RedBird Capital Partners, NFL, CBS, Paramount Pictures, NBC, Local, Journal, FBI, Hollywood, TV, Allen & Company Sun Valley, Getty, LightShed Partners, Warner Bros ., Viacom, WarnerMedia, Netflix, EA, Entertainment, Comcast Corporation, Universal Pictures, Invision, Bravo, MSNBC, MTV, VH1, Comedy Central, Fox News, NBC Sports, NBA, CBS Sports, Big Ten, UEFA Champions League Locations: Cannes, France, Shell, NBCUniversal, Sun Valley , Idaho, Toronto

☆ Meet the Singapore-based telco disruptor with the knack for a viral campaign
▼ + stars: | 2024-10-11 | by ( Lin Lin | ) www.cnbc.com time to read: +1 min

Circles is a tech start-up with an ambition to shake up the telecommunications industry – and an unconventional marketing strategy to match. "For the longest time, the telco industry has been talking about the same challenge, but not doing much," Circle co-founder and CEO Rameez Ansar told CNBC's Marketing.Media.Money. Based in Singapore, Circles was founded in 2014 with the goal of revolutionizing the customer experience. Since its inception, the company's tongue-in-cheek and sometimes provocative marketing campaigns have become synonymous with the brand. Learn more about Circle's marketing strategies by watching the video above.

Persons: Rameez Ansar, CNBC's, Ansar, we'll, Ajay Sampath Organizations: Circles.Life Locations: Singapore

☆ Microsoft faces disruption from AI, says outperforming fund manager dumping the stock
▼ + stars: | 2024-10-10 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

In 2023, the fund returned 30.7%, significantly outperforming its benchmark and the S & P 500, which was up 26%. Yiu's decision stems from his belief that Microsoft's business model is about to change significantly in light of the rise of generative AI. Microsoft has been leading the charge in generative AI adoption. The crux of the issue lies in the increased costs associated with providing AI services, according to the outperforming fund manager. Nvidia's chips, while readily available, allows the Silicon Valley company to capture much of the profit from generative AI services instead.

Persons: Stephen Yiu, Yiu, OpenAI Organizations: Microsoft, Growth, Growth Fund, CNBC Pro, Conference, Nvidia Locations: London

☆ CNBC Sport: Shams Charania on joining ESPN and life after Woj
▼ + stars: | 2024-10-10 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +21 min

Charania begins his ESPN TV work today. "It's definitely going to be a lot of TV," Charania said. They worked together at Yahoo Sports before becoming rivals, only for Charania to eventually take over for Wojnarowski at ESPN. Charania begins his ESPN TV work today. "It's definitely going to be a lot of TV," Charania said.

Persons: Alex Sherman, Shams, Adrian Wojnarowski, Charania, FanDuel, Jimmy Pitaro, It's, Pat McAfee, Wojnarowski, I'm, Jim Rome, I've, he's, that's, He'll, I'd, Adam Silver, Bob Kraft, Jessica Berman, CNBC's Jessica Golden, Craig Kilborn, Colin Neville, Jim Ratcliffe, Joe Tsai, Colin, Neville, dealmaking, We've, CNBC's Contessa Brewer, Jim Allen, Adam Greenblatt, isn't, Tiger Woods, Tigeraire, Woods, CNBC's Lillian Rizzo, Rudy, Rudy Ruettiger, Kevin Mayer, Tom Staggs, Read, Yahoo's Ross Dellenger, we've, Woody Johnson, Woody Johnson —, Johnson, Robert Saleh, Derek Jeter, Shams Charania, Raine Organizations: CNBC, ESPN, FanDuel TV, The, ESPN TV, Worldwide, Sports, NBA, Yahoo Sports, Wojnarowski, Yahoo, I'm, NFL, Miami Dolphins, Buffalo Bills, Los Angeles Chargers, Dolphins, New England Patriots, National Women's Soccer League, Chelsea Football Club, Manchester United, Brooklyn Nets, Premier Lacrosse League, Youth, NCAA, UFC, CNBC Sport, Rock, Seminole Gaming, U.S . Patent, Sun, QVC, Notre Dame, Disney, Candle Media, SEC, Big Ten, ACC, Jets, Apple, Hollywood, Diamond Sports Group, Bally Sports, Wildcats, College Football, Sinclair, Raine Group Locations: Raine, DraftKings, U.S, Las Vegas, Florida, Tigeraire, Northwestern

☆ I don't let my child use Roblox. Here's why.
▼ + stars: | 2024-10-08 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

Unlike most of the video games for Xbox or PlayStation, Roblox's games are user-generated — and there are thousands of them. A screenshot of Roblox games rated "all ages." Roblox screenshotOn Tuesday, Hindenburg Research, a short-seller, published a report accusing Roblox of inflating user metrics and deceiving investors. The Hindenburg report also accused Roblox of "exposing children to grooming, pornography, violent content, and extremely abusive speech." Nonetheless, Roblox users identifying as 9 years old and up can still beat up homeless people in "Beat Up People Outside of 7/11" with over 900,000 visits.

Persons: —, he'd, SpongeBob, Mickey Mouse, Hindenburg, Roblox, I've Organizations: Hindenburg Research, Service, Xbox, Roblox, Bloomberg, Wal, Safety Locations: Hindenburg, Roblox's, Roblox

☆ 5 AI hacks smart people use to accomplish more and stress less at work
▼ + stars: | 2024-10-08 | by ( Jeremy Schifeling | In Schifeling | ) www.cnbc.com time to read: +7 min

Here are five AI hacks smart professionals use to get the most out of AI:1. Head over to Google Forms, click the AI button at the top of the page, and tell the tool what you're looking to accomplish. Zoom In Icon Arrows pointing outwardsYou can use a similar approach beyond survey comments. Zoom In Icon Arrows pointing outwardsThe key here is that AI can do more than just spit out text. Zoom In Icon Arrows pointing outwardsAgain, you can adapt the prompt to help you prepare for any kind of presentation.

Persons: I’ve, you’ve, you've, We've Organizations: Khan Academy, Harvard Business School, University of Texas, Google

☆ Intra-Africa trade could double in next five years, says Secretary General of African Continental Free Trade Area
▼ + stars: | 2024-10-07 | by ( Nell Lewis | ) edition.cnn.com time to read: +8 min

CNN —Africa is home to the world’s largest free trade agreement, in terms of number of countries, territory, and population – the African Continental Free Trade Area (AfCFTA). According to the Economic Commision for Africa, African countries continue to trade with the rest of the world more than among themselves. Aliko Dangote has been talking about the fact that he needs 35 visas to travel across the African continent. WM: It’s a significant barrier and constraint to intra-Africa trade and intra-Africa investment. I think we can double intra-Africa trade in the next five years, provided we introduce the tools that are required.

Persons: CNN’s Eleni Giokos, Wamkele Mene, Eleni Giokos, Wamkele, it’s, Mene, Aliko Dangote, It’s, I’ve, it’ll Organizations: CNN, Continental Free Trade Area, Union, EG, Continental Free Trade, CNN EG, African Continental Free Trade Area, European Union, Africa can’t, Democratic Locations: Africa, Kigali, Rwanda, Angola, Zambia, Democratic Republic of Congo, Central Africa, Eastern Africa, Northern Africa, –

☆ How Sri Pangulur went from building his own syndicate to co-leading Mayfield's Series B investing practice
▼ + stars: | 2024-10-07 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +7 min

He decided to formally create a syndicate called Overtime VC, investing up to $250,000 in seed and Series A rounds. Through Overtime, Pangulur invested nearly $20 million in 65 companies, with a focus on enterprise infrastructure and apps. Related storiesHe also continued investing through his syndicate, Overtime VC, and brought these firsthand experiences to the founders he advised. 'Cooking' at the Series BPangulur began raising his own venture fund based on the success of his syndicate fund, Overtime VC. Earlier this month, Pangulur announced two new investments he led: a $25 million Series B for billing infrastructure startup Orb and a $28 million Series B for TeamBridge, a workforce operating software startup.

Persons: Pangulur, parlayed, Mayfield, —, hackathons, Navin Chaddha, Chaddha, Lehman Organizations: Tribe Capital, Fund, Service, Security, Mayfield Fund, Case Western University, KeyBanc, Markets, Lehman Brothers, TeleSoft Partners, VC, Mayfield, Spring Fund, Chaddha Locations: Silicon Valley, Michigan, Ohio, North America, CloudFlare, —

☆ Fed rate cuts should favor preferred stocks, Virtus money manager says
▼ + stars: | 2024-10-05 | by ( Krysta Escobar | ) www.cnbc.com time to read: +1 min

One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren't as risky as common stocks. Infrastructure Capital Advisors Founder and CEO Jay Hatfield manages the Virtus InfraCap U.S. Preferred Stock ETF (PFFA) . Since its May 2018 inception, the Virtus InfraCap U.S. Preferred Stock ETF is down almost 9%.

Persons: Jay Hatfield, we're, CNBC's, Hatfield Organizations: Infrastructure Capital, Virtus InfraCap U.S, Preferred Stock ETF, SLM Corporation, Preferred

☆ RBC gives its top stock picks for the fourth quarter
▼ + stars: | 2024-10-04 | by ( Sean Conlon | ) www.cnbc.com time to read: +4 min

The fourth quarter is just getting started, and RBC Capital Markets sees some stocks slated for growth in the months ahead. Looking ahead, RBC unveiled a list of its top 30 high-conviction global stock ideas that it thinks are poised to outperform in the long term. As a result, RBC has an outperform rating on the name, with a price target of $48. "As proof-points to the success of this strategy emerge, we believe the stock could begin to re-rate higher," the analyst said. Software name CrowdStrike and British oil giant Shell were also picked for the fourth quarter's list.

Persons: Brad Erickson, Daniel Perlin, Perlin, Ferrari, Tom Narayan Organizations: RBC Capital Markets, Dow Jones, RBC, Sarepta Therapeutics, Amazon, P Global, PayPal, Reuters Locations: Italy

☆ Chiang Mai: About 100 rescued elephants escape flash floods at popular sanctuary in northern Thailand
▼ + stars: | 2024-10-03 | by ( Helen Regan | Kocha Olarn | ) edition.cnn.com time to read: +4 min

Dramatic video and images from the Elephant Nature Park near the city of Chiang Mai showed dozens of elephants wading through belly-deep water to find safety on higher ground. A view of the flooded elephant sanctuary in Chiang Mai, Thailand. Elephant Nature ParkThe Elephant Nature Park is an elephant rescue and rehabilitation center in the Chiang Mai countryside that has rescued more than 200 elephants from the tourism and logging industries since its inception in the 1990s. Rescue workers evacuate animals to higher ground at Elephant Nature Park after severe flooding caused the nearby river to overflow in Chiang Mai, Thailand. Elephant Nature ParkSeveral villages in Chiang Mai’s Mae Rim district have been inundated by water from upstream runoffs, local media reported Thursday.

Persons: Chiang Mai, Chailert, “, Saengduean, ”, Typhoon Yagi, ” Saengduean Organizations: Bangkok CNN, CNN, Facebook Locations: Bangkok, Thailand, Chiang Mai, Northern Thailand, Chaing Mai, Chiang, Mae Rim

On a more micro level, many ETF investors can sidestep the fund-level capital gains taxes incurred by many investors who own mutual fund shares, experts said. However, mutual fund managers can also generate capital-gains taxes within a fund itself when they buy and sell securities. Costs are lowThe first ETF was an index fund: the SPDR S&P 500 ETF Trust (SPY ). Index funds, also known as passively managed funds, track a market index like the S&P 500 . Investors have equated ETFs with index funds since their inception, even though there are also index mutual funds, experts said.

Persons: Michael McClary, Bryan Armour, Armour, McClary, Morningstar, Michael Iachini, Charles Schwab, Morningstar's, they're, Michael M Organizations: Getty, Exchange, Morningstar, Valmark Financial, Investors, North America, Trust, Financial, Retail, McKinsey, SEC, Securities, Exchange Commission, Stock, New York Stock Exchange, Santiago

☆ Iran's response to Israel will be a choice between revenge and survival. Markets say it's choosing survival
▼ + stars: | 2024-09-30 | by ( Natasha Turak | ) www.cnbc.com time to read: +7 min

Iran's Supreme Leader Ayatollah Ali Khamenei waves before voting in the country's presidential election, in Tehran, Iran July 5, 2024. Iran's generals and its supreme leader Ayatollah Ali Khamenei have pledged revenge, but their actions and language suggest a more measured response so far. "Iran's response options aren't good. on September 16, 2024 in Tehran, Iran. FILE PHOTO: Lebanon's Hezbollah leader Sayyed Hassan Nasrallah gestures as he addresses his supporters during a rare public appearance at an Ashoura ceremony in Beirut's southern suburbs November 3, 2014.

Persons: Ayatollah Ali Khamenei, Hassan Nasrallah, pagers, "⁠, Behnam ben Taleblu, Ismail Haniyeh, Khamenei, Iran's, Masoud Pezeshkian, Majid Saeedi, Pezeshkian, Yemen's, Sina Toossi, Houssam, Toossi, Yoav Gallant, Naim Qassem, Sayyed Hassan Nasrallah, Hasan Shaaban Organizations: Iran's, Reuters, Lebanese, Brent, Foundation for Defense of Democracies, CNBC, Islamic, Getty, Center for International, Anadolu, Israeli, Hamas, Hezbollah Locations: Tehran, Iran, Israel, Beirut, OPEC, Islamic Republic, Red, Lebanon, Iraq, Syria, Yemen, Beirut's

☆ What might come next as Hezbollah reels from Nasrallah’s killing and Israel mulls the possibility of a Lebanon ground incursion?
▼ + stars: | 2024-09-29 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +8 min

Israel has warned that a “new era” of war was beginning with its “center of gravity” moving north, in a reference to the Lebanon border. Israel has raised the possibility of a ground incursion into Lebanon, which, if undertaken, would be the fourth Israeli invasion of the country in the past 50 years. Men rest on mattresses near the sea in Beirut, Lebanon, after being displaced by Israeli airstrikes on September 28, 2024. The US sees the possibility of a limited ground incursion into Lebanon as Israel moves forces to its northern border, CNN reported earlier, citing a senior administration official and a US official. But the officials stressed that Israel does not appear to have made a decision on whether to carry out a ground incursion.

Persons: Israel, Hassan Nasrallah, Nasrallah, Carl Court, Benjamin Netanyahu, Joe Biden, Peter Lerner, Hezbollah –, –, ”, Hanin Ghaddar, “, Baz Ratner, Jonathan Panikoff, Aaron David Miller, CNN’s Abbas Al Lawati, Mostafa Salem, Irene Nasser, Alex Stambaugh, Dana Karni Organizations: CNN, US, Israel Defense Forces, Hezbollah, Washington Institute, Israeli, United Nations, Saturday, Security Council, US State Department Middle Locations: Iran, Lebanon, Beirut, Israel, Gaza, ”, Beirut’s, United States, France, Safed

☆ Iran weighs its next move as its closest ally takes a hit in Lebanon
▼ + stars: | 2024-09-28 | by ( Abbas Al Lawati | Mostafa Salem | ) edition.cnn.com time to read: +12 min

As Tehran watches its most prized non-state ally take a beating, questions are mounting about how it may respond. Israel then began an air assault that killed several Hezbollah commanders and led to the highest number of casualties in Lebanon in almost two decades. The Israeli military has claimed that Nasrallah has been killed, but Hezbollah is yet to comment on the matter. But it’s not an easy option as they will (become) targets, and they don’t understand Lebanon.”Under what circumstances would Iran intervene? This week however, Foreign Minister Abbas Araghchi warned that his country would not remain “indifferent” if a full-scale war between Israel and Hezbollah erupted in Lebanon.

Persons: CNN —, Israel, Hassan Nasrallah, Nasrallah, “, ”, Hanin Ghaddar, Amal Saad, Saad, … it’s, it’s, Ayatollah Ali Khamenei, Trita Parsi, Mohamed Azakir, Farzin, Nadimi, ” Saad, ” Parsi, Parsi, Masoud Pezeshkian, Javad Zarif, Donald Trump, Mike Segar, Pezeshkian, CNN’s Christiane Amanpour, Zarif, Ismail Haniyeh, Abbas Araghchi Organizations: CNN, Washington Institute, AFP, Cardiff University, Islamic Revolutionary Guard Corps, ”, Washington DC, Quincy Institute, American University of, American University of Beirut Medical Center, Islamic, United Nations, United Nations General Assembly, UN, Reuters, Israel, West, Assembly, UN Security Locations: Israel, Tehran, Gaza, Lebanon, Beirut, Wales, Tel Aviv, Lebanese, Iran, American University of Beirut, Damascus, United States, “, Iraq, Syria, Yemen, Islamic Republic, New York

☆ The 10 happiest states in the US, ranked
▼ + stars: | 2024-09-27 | by ( Mykenna Maniece | ) www.businessinsider.com time to read: +1 min

WalletHub released its ranking of the happiest states in the US. Hawaii was ranked the happiest state to live in. The personal finance company compared the 50 states using three categories: emotional and physical well-being, work environment, and community and environment. AdvertisementFrom WalletHub's final list, Business Insider pulled the 10 highest-ranked states to identify the 10 happiest. From Idaho to Hawaii, here are the happiest states in the country.

Persons: WalletHub, — Organizations: Service, Census Bureau, of Labor Statistics, Centers for Disease Control, AmeriCorps, Business Locations: Hawaii, Idaho

SKIP AHEAD Methodology | How we tested Hoka walking shoes | The best Hoka walking shoes | What’s so great about Hoka sneakers? How we tested Hoka walking shoesWhile testing Hoka walking shoes, we considered the following factors:Activity: We wore each sneaker while walking varying distances and for varying periods. Arch support : There are two main categories that shoes fall into: cushioning shoes and stability shoes. Material : We tested Hoka walking shoes between July and September to see how well they regulated our feet’s temperature. The best Hoka walking shoesAll the Hoka walking shoes we tested and recommend below are available in men’s and women’s sizes, as well as standard and wide widths.

Persons: I’ve, Hoka, it’s, Dr, Anne Sharkey, North Austin Foot, Sharkey, they’re, Cory Fernandez, Fernandez, “, ”, Zoe Malin, There’s, Jordan Bowman, Bowman, wasn’t, That’s, Hoka’s, Nikki Brown, ” Brown, Mili Godio, Brown, Lindsay Schneider, “ They’re, Schneider, Bianca Alvarez, ” Alvarez, Alvarez, Hokas Rebecca Rodriguez, Rodriguez, Rodriguez’s, Zoe Malin What’s, “ Hoka, Brooks, Max, Glycerin Max, there’s, TikTok Organizations: NBC, North Austin, Institute, Zappos, Hoka Clifton, Clifton, Bondi, Transports, Brooks, Nike, Facebook, Twitter Locations: New York City, cushioning, men’s, New York

☆ Pro Talks: After the Fed cuts rates, one fund manager reveals where to invest right now
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: +1 min

Investors should stay away from overvalued U.S. stocks in 2025, fund manager Sean Peche has cautioned. The value investor at Ranmore Fund Management told CNBC's Silvia Amaro on CNBC Pro Talks about where he sees undervalued stocks and opportunities, especially now the U.S. Federal Reserve has cut interest rates. Pesh highlighted his fund's holdings, including Carrefour , Petrobras , Alibaba , and Baidu as value plays. Peche, who set up Ranmore Fund Management in 2008, also shared some of the worst trades of the year, as well as his most successful yet. Since inception, the fund has gained 10.9% on an annualized basis, slightly more than the 10.6% posted by its MSCI benchmark.

Persons: Sean Peche, CNBC's Silvia Amaro, Pesh Organizations: Ranmore Fund Management, CNBC Pro, U.S . Federal, Carrefour, Petrobras, Alibaba, Baidu, Ranmore, Equity, ABN Amro, Ranmore Global Equity Fund Locations: overvalued U.S, Hong Kong, United States, Carrefour, China

☆ These are the top 10 global talent hubs in the world — and the U.S. isn't one of them
▼ + stars: | 2024-09-24 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +2 min

For the eleventh consecutive year, Switzerland topped the list as the world's most talent-competitive country, according to the IMD 2024 World Talent Ranking, signaling its strong and stable talent pool despite the rapidly changing global work landscape. The ranking measures how economies around the world perform when it comes to sustaining their pool of talent. This data is broken down into three buckets: investment in and development of homegrown talent, appeal (the extent to which a country taps into the overseas talent pool) and readiness (the availability of skills and competencies in the talent pool), according to the report. Switzerland remains at the forefront of talent competitiveness, topping the list since the ranking's inception in 2014. Singapore's steady rise is driven by the readiness of its talent pool, rated as No.

Organizations: IMD, Competitiveness, Switzerland Singapore Locations: Switzerland, Switzerland Singapore Luxembourg Sweden Denmark Iceland Norway Netherlands Hong Kong Austria, Asia, Singapore, Hong Kong, United States, U.S

☆ CNBC Pro Talks: After the Fed cuts rates, one fund manager will reveal where to invest right now
▼ + stars: | 2024-09-24 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +3 min

After the U.S. Federal Reserve cut interest rates by a bumper 50 basis points , investors have been left wondering whether growth or value stocks are the best bet. On CNBC's upcoming Pro Talks , Silvia Amaro will ask value investor Sean Peche where he sees opportunities in the current market. Peche is portfolio manager at the U.K.-based Ranmore Fund Management and manages its $329 million Ranmore Global Equity Fund . As of Aug. 31, the Ranmore Global Equity Fund has returned 21.6% over the last year, underperforming its benchmark MSCI World Index's 24.4%. CNBC Pro subscribers can watch Pro Talks live on Wednesday, Sept. 25, at 7 a.m.

Persons: Silvia Amaro, Sean Peche, He'll, Warren Buffett, Eli Lilly, ager, CNBC's Silvia Amaro Organizations: U.S . Federal Reserve, Ranmore Fund Management, Global Equity Fund, Investors, Ranmore, Equity, Petrobras, Baidu, ABN Amro, Ranmore Global Equity Fund, Decillion Fund Management, Orbis Investment Advisory, CNBC, Beyond Locations: Carrefour, China, U.S, London

☆ From frustration to excitement: The long, winding road of Alphabet's self-driving Waymo unit
▼ + stars: | 2024-09-21 | by ( Paulina Likos | ) www.cnbc.com time to read: +12 min

A long road It's been a long and winding road for Waymo since its inception in 2009 as Google's self-driving car project. The robotaxi service now has about 700 autonomous vehicles on the road across its markets. That changed about a year ago , when Uber added Waymo vehicles to its app. In February, Waymo recalled 444 of its vehicles after two Waymo vehicles hit a towed pickup truck in Phoenix. A Waymo autonomous self-driving Jaguar electric vehicle sits parked at an EVgo charging station in Los Angeles, California, on May 15, 2024.

Persons: Uber, Waymo, Tesla, it's, Jim Cramer, Jim, Morgan Stanley, Cowen, Cowen's — Bernstein, Brad Erickson, Andreessen Horowitz, Alphabet's, Ruth Porat, Erickson, Dara Khosrowshahi, Cruise, Uber's Khosrowshahi, Ethan Teicher, Tesla's, Jim Cramer's, Patrick T, Fallon Organizations: Waymo, Austin, RBC Capital Markets, CNBC, Bank of America, Aurora Innovation, General Motors, AFP, Getty Locations: West Coast, Atlanta, Austin , Texas, Phoenix, San Francisco, Los Angeles, U.S, Waymo, Austin, San Francisco , Los Angeles, Los Angeles , California

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