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☆ Patrick Mahomes says he won't endorse Trump or Harris
▼ + stars: | 2024-09-12 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

"I want to thank beautiful Brittany Mahomes for so strongly defending me," Trump wrote in a Truth Social post on September 4. And on Wednesday, Trump called Brittany Mahomes a "big MAGA fan" during an interview with the Fox News' morning show, "'Fox & Friends." I was not a Taylor Swift fan," Trump said on Wednesday. Trump reacts to Taylor Swift endorsing Kamala Harris: "Well, I actually like Mrs. Mahomes much better ... I was not a Taylor Swift fan ... she'll probably pay a price for it in the marketplace."

Persons: —, Patrick Mahomes, I've, Mahomes, It's, Donald Trump, Brittany Mahomes hasn't, Trump, hasn't, Brittany Mahomes, Brittany, Taylor Swift's, Kamala Harris, Taylor Swift, Taylor, she'll, J9Nk56nhEB — philip lewis, Swift, Travis Kelce, Harris didn't Organizations: Service, Kansas City Chiefs, Business, Fox News, Fox &, Chiefs, Representatives, Trump Locations: Brittany

☆ Mortgage rates fall to lowest level since February 2023
▼ + stars: | 2024-09-12 | by ( Bryan Mena | ) edition.cnn.com time to read: +3 min

Washington CNN —Mortgage rates fell this week to the lowest point since February 2023, in a welcome sign for Americans grappling with a tough housing market. The standard, 30-year fixed-rate mortgage averaged 6.20% in the week ended September 12, mortgage financing giant Freddie Mac said Thursday. Mortgage rates started to drop early last month on news affirming lower interest rates in the future, specifically after a weaker-than-expected jobs report for July, and have gradually edged lower since. “Mortgage rates have fallen more than half a percent over the last six weeks and are at their lowest level since February 2023,” Sam Khater, Freddie Mac’s chief economist, said in a release. The Fed doesn’t directly set mortgage rates, but its action do influence them through movements in bond yields.

Persons: Freddie Mac, ” Sam Khater, Freddie Mac’s, that’s, Lawrence Yun Organizations: Washington CNN —, “, Federal Reserve, Treasury, Las, P Global, Apple, Fed, National Association of Realtors Locations: New York City, San Diego, Las Vegas, America, Los Angeles, Miami

☆ Apple isn't an evil company, but they do sometimes benefit from Chinese slave labor: JD Vance
▼ + stars: | 2024-09-12 | 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 EmailApple isn't an evil company, but they do sometimes benefit from Chinese slave labor: JD VanceSen. JD Vance (R-Ohio) joins 'Squawk Box' to discuss Vance's thoughts on Big Tech, which mergers are good or bad, and much more.

Persons: JD Vance Sen, JD Vance Organizations: Apple, Big Tech Locations: Ohio

☆ A Disney hack can save guests hundreds on hotel stays — and they don't have to commit to a long-term membership
▼ + stars: | 2024-09-12 | by ( Jordyn Bradley | ) www.businessinsider.com time to read: +1 min

Disney Vacation Club is a timeshare-like program, but you don't have to be a member to use it. Non-members can rent DVC points to stay at deluxe hotels for a fraction of the list price. Disney allows renting points, and there are even third-party companies that make it easier. AdvertisementYou don't need to be a member of Disney Vacation Club, or DVC, to reap some of its benefits — including the ability to book coveted resorts for a lower price. But travelers without memberships can rent DVC points to help them save big on resort stays.

Persons: — Organizations: Disney, Service, Disney Vacation, Business

☆ Mr ChatGPT and other AI power players are going to the White House to discuss AI’s massive thirst for energy
▼ + stars: | 2024-09-12 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

The meeting, which hasn’t been previously reported, is the first time senior White House officials will sit down with tech company leadership to discuss how to quench AI’s insatiable thirst for energy. The source said the White House expects to detail how the public and private sector can work together to maintain US leadership in AI in a sustainable way. AI is expected to spark a 160% surge in power demand from data centers by 2030, according to Goldman Sachs. Exowatt just launched a new system that can generate and store clean energy to AI data centers. Other US officials expected to attend Thursday’s AI power meeting include White House Chief of Staff Jeff Zients, National Economic Adviser Lael Brainard, National Security Adviser Jake Sullivan and top climate officials Ali Zaidi and John Podesta.

Persons: Sam Altman, Ruth Porat, Dario Amodei, hasn’t, Jennifer Granholm, Gina Raimondo, Harris, Joe Biden, Kamala Harris, Biden, Goldman Sachs, Altman, ”, ” Altman, “, Robyn Patterson, Jeff Zients, Lael Brainard, Jake Sullivan, Ali Zaidi, John Podesta, Oprah Winfrey, Bill Gates Organizations: CNN, White, Google, White House, Wall, . Energy, Biden, Microsoft, International Energy Agency, Washington Post, United, “, National Economic, National, ABC Locations: America, Washington, United States, Exowatt

☆ Why Elon Musk Is Really Taking Twitter Out of San Francisco
▼ + stars: | 2024-09-12 | by ( Adam Rogers | ) www.businessinsider.com time to read: +13 min

From the front door of X, which is closing up shop in San Francisco on Friday, Market Street runs straight through downtown to the bay. Now, as X leaves its spot, Market Street is still suffering from all the same problems it had before Twitter. After handing over millions of dollars in tax breaks to one of the world's wealthiest corporations, San Francisco has nothing to show for it. AdvertisementI keep remembering a work trip I took to San Francisco in 1999, a few years before I moved here. "Our focus remains on working with and supporting the many businesses that call San Francisco home," the statement reads.

Persons: Daniel Burnham, Elon Musk, Twitter, Ted Egan, Bon Marché, Paula Smith Arrigoni, restaurateurs, Dolby, Twitter didn't, Egan, Uber decamped, Musk, San Francisco, Adam Rogers Organizations: Twitter, Central Market, Anadolu, Getty, AQ, Area, Coalition, Apple, New York Times, San, Sony, Microsoft, Ikea, London Breed, Business Locations: San Francisco, Austin, South Park, California, Brisbane, Texas, scuzzy, gentrify, Alta, Oro, Bon, Kaya, Bay, Oakland

☆ Friday's big stock stories: What’s likely to move the market in the next trading session
▼ + stars: | 2024-09-12 | by ( Jason Gewirtz | ) www.cnbc.com time to read: 1 min

Traders work on the floor of the New York Stock Exchange during morning trading on September 04, 2024 in New York City. Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here's what CNBC TV's producers were watching as the S&P 500 posted a fourth winning day and what's on the radar for the next session.

Organizations: New York Stock Exchange, CNBC Locations: New York City

☆ Why we've stay committed to tech stocks during the sector's recent sell-off
▼ + stars: | 2024-09-12 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

None other than the legendary Larry Ellison, founder of the enterprise software company that is Oracle , said it on Monday. That investment by Google and that lack of investment by Microsoft may be two sides of one of the most pivotal decisions in history. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. Larry Ellison, co-founder, chairman and chief technology officer of Oracle, speaks during the Oracle OpenWorld conference in San Francisco on Oct. 1, 2017.

Persons: Larry Ellison, Ellison, Eaton —, Microsoft's Bing, Bing, Jim Cramer's, Jim Cramer, Jim, David Paul Morris Organizations: Oracle, Club, Microsoft, Nvidia, Broadcom, Devices, Google, Justice Department, DOJ, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: San Francisco

☆ I quit my high-paying finance job to start a bakery. I wanted more time with my kids.
▼ + stars: | 2024-09-12 | by ( Jane Ridley | ) www.businessinsider.com time to read: +6 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In 2004, my mind wandered while sitting in a sales meeting as part of my finance job. I earned a good salary and worked with my father, an investment banker, but I wasn't fully present. AdvertisementThere's immense pressure in America to go fast, fast, fast, bigger, bigger, bigger. Who cares how many hours you've worked and how successful you've been?

Persons: —, Carrie Morey, I'd, you've, it's, Caroline, John, Mom, she'd, caterer, — it's, Cate, Sarah, They'd Organizations: Service, Business, Foods, Costco Locations: Charleston , South Carolina, New York, America

☆ Signet Jewelers CEO talks 'cautious' consumers looking to get engaged
▼ + stars: | 2024-09-12 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

In a Thursday interview with CNBC's Jim Cramer, Signet Jewelers CEO Gina Drosos described the mood of consumers looking to buy engagement rings, saying demand is there, but many are more judicious when picking out diamonds. "We thought that engagements might come back a little faster, but there is a cautious consumer," Drosos said. She added that "newness" accelerated during the quarter, and customers are responding well to new products like sculpted gold. On the conference call, Drosos said Signet saw a 50% increase in revenue from new merchandise. Signet reported a mixed quarter before Thursday's open, with management optimistic about the momentum of same-store sales.

Persons: CNBC's Jim Cramer, Gina Drosos, Drosos, Jared, Zales, Kay Jewelers, Signet Organizations: Signet, Google

☆ Chappell Roan’s makeup artist breaks down her VMAs look
▼ + stars: | 2024-09-12 | by ( Leah Dolan | ) edition.cnn.com time to read: +6 min

“If Joan of Arc was a glamour girl,” quipped Roan’s makeup artist, Andrew Dahling, who worked on the VMA vision. Dahling was inspired by Pat McGrath’s work as runway makeup artist for Dior in the 2000s. Kevin Mazur/Getty ImagesFor Roan’s red carpet look, Dahling had a lighter touch. (Dahling, who was behind Roan’s green body paint and makeup, said the look took around four hours to complete). “It’s not meant to look classically beautiful (like) the Instagram makeup that we see today that’s super blended and perfect,” said Dahling of Roan’s VMAs vision.

Persons: Chappell Roan, —, Roan, Joan of Arc, ”, Andrew Dahling, Roan —, Babe, Dahling, Pat McGrath’s, Dior, “, Joan of, Pat McGrath's, Kevin Mazur, Liberty, Governors Ball, Queen Elizabeth, Jamie McCarthy, “ It’s, ” —, John Waters, Violet Chachki, Davy, Ball, Lady, Marleen Moise, Stephen J, Cohen, he’s, ” Dahling Organizations: CNN, VMA, auburn, Dior, NFL, Festival, WWE, Governors, Kentucky, Lady Liberty, Getty, Kentucky Pride Festival, Financial, messier Locations: New York, Alabama, Chicago, Europe, Manchester, Glasgow, London, Kentucky

☆ OpenAI is showing that the AI race is survival of the richest
▼ + stars: | 2024-09-12 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

It's also a sign of just how expensive the business of training and running AI models is getting. AdvertisementGenerative AI is a cash-guzzlerStartups like OpenAI need to raise huge amounts of capital to build smarter AI models. Just look at the spending of Big Tech firms working to improve their AI models. Consolidation has struck the AI industry in recent months, as some top startups trying to build AI models have been gutted. AI startups serious about progressing on LLMs will need to figure out the answer to this pretty quickly.

Persons: —, Elon, Sam Altman, ChatGPT, It's, Justin Sullivan, OpenAI, Dario Amodei, Anthropic, Pretty, Amodei's Anthropic, Dario Amodei's Anthropic, Noam Shazeer —, Ben Bergman, Sri Muppidi, it's, Elad Gil, Gil Organizations: Service, Bloomberg, Business, SpaceX, Getty, Microsoft, Big Tech, Street, Nvidia, Apple, Amazon, Samsung, Google Locations: OpenAI, aren't

☆ Trump likely wouldn’t need Congress to approve his most controversial trade policy
▼ + stars: | 2024-09-12 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

New York CNN —It’s easy to dismiss many presidential candidates’ campaign promises as empty, because Congress would need to approve them. Alex Durante, an economist at the Tax Foundation, a right-leaning think tank, told CNN that 100% tariffs would threaten the economy. It’s possible he is floating 100% tariffs as just a threat designed to change the behavior of other countries. ‘No question it’s inflationary’The Trump campaign did not provide an explanation to CNN about how Trump would implement 100% tariffs nor what the trigger would be. He said Trump’s tariff plan, if enacted, would risk setting off a market panic like former UK Prime Minister Liz Truss did in 2022.

Persons: New York CNN —, Donald Trump, Trump, ” Trump, “, you’re, ” Maury Obstfeld, Obstfeld, ” Obstfeld, Christine McDaniel, George W, Bush, ”, McDaniel, George Mason University’s, Alex Durante, ” Durante, Brian Hughes, ” Hughes, ‘, Harris, Kamala Harris, ” Kent Smetters, Smetters, Wharton “, it’s, ” Wharton, Liz, Joe Brusuelas, ” “ I’m, Joe Biden, Biden, Brusuelas, Liz Truss, Matt Priest, Trump’s Organizations: New, New York CNN, Peterson Institute for International Economics, CNN, International Monetary Fund, Trump, United States Trade Representative, Commerce Department, Tax Foundation, University of Pennsylvania’s Wharton School, Penn Wharton Budget, Wharton, ABC, RSM, Democratic, Footwear Distributors, Retailers of America Locations: New York, Wisconsin, United States, China, Russia, “, American

☆ Dollar firm as inflation data douse bets for big Fed rate cut
▼ + stars: | 2024-09-12 | by ( ) www.cnbc.com time to read: +3 min

The dollar traded near a four-week high versus the euro on Thursday after signs of some stickiness in U.S. inflation reinforced expectations that the Federal Reserve would avoid a super-sized interest rate cut next week. The dollar traded near a four-week high versus the euro on Thursday after signs of some stickiness in U.S. inflation reinforced expectations that the Federal Reserve would avoid a super-sized interest rate cut next week. Meanwhile, a quarter-point rate reduction from the European Central Bank is widely expected later on Thursday, with investors anxious for hints on how soon the monetary authority will cut again. Early on Wednesday, Bank of Japan board member Junko Nakagawa reinforced the central bank's tightening bias by saying low real rates leave room for further rate hikes. As a result, traders essentially priced out the chances of a 50-basis point rate cut on Sept. 18, paring the odds to 15% versus 85% probability for a 25-bp reduction.

Persons: Junko Nakagawa, Naoki Tamura, Tony Sycamore Organizations: Federal, European Central Bank, Bank of Japan, IG, ECB, Sterling, Swiss Locations: U.S

Beijing/Hong Kong CNN —Married for seven years, Hansen and his wife Momo care for six little ones at their apartment in downtown Beijing. By 2030, the number of pets in urban China alone will almost double the number of young children across the country, according to its projection. The country’s pet ownership rate would be even higher if the number of dogs and cats in rural areas were included. Its birth rate also dipped to 6.39 births per 1,000 people, the lowest rate since the founding of Communist China in 1949. I think it’s just that we love dogs,” Hansen said.

Persons: Hong Kong CNN —, Hansen, Momo, ”, Beijing hasn’t, they’ve, Justin Robertson, Goldman Sachs, Mao Zedong’s, Goldman, It’s, “, Tao, CNN Tao, CNN Stuart Gietel, aren’t, Basten, “ We’re, ” Hansen, Xi Jinping Organizations: Hong Kong CNN, Research, CNN, Publishing, Authorities, Communist, Hong Kong University of Science, Technology Locations: China, Beijing, Hong Kong, Australia, France, India, Japan, East China's Jiangsu, Communist China, Basten

☆ China wants to challenge the U.S. in AI — here's what Chinese giants are doing with the tech
▼ + stars: | 2024-09-12 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +4 min

Generative AI includes applications like OpenAI's ChatGPT, which has the ability to generate text, images and even video based on user prompts. These applications are powered by large AI models which are trained on huge amounts of data, such as Google's Gemini. Chinese technology firms have had to tread carefully in releasing their technology as Beijing has strict requirements for AI models and their uses. CNBC runs through the big Chinese AI models developed by the country's biggest tech firms. It has created a number of AI models aimed at customers in specific industries including government, finance, manufacturing, mining, and meteorology.

Persons: catchup, ERNIE Baidu, Ernie Bot, OpenAI's, Baidu, Ernie, Alibaba, Qianwen, Tencent, Hunyuan, Doubao Organizations: Istock, Getty, U.S, CNBC, Baidu, Huawei, Pangu Huawei Locations: China, Alibaba, U.S . China, Beijing

☆ TJX, Costco and Best Buy stocks are an embarrassment of riches
▼ + stars: | 2024-09-12 | by ( Jim Cramer | ) www.cnbc.com time to read: +2 min

We have an embarrassment of riches when we look at TJX Companies and Costco in terms of just flat-out value — and a dicey one, admittedly, in Best Buy , which I think has turned an important corner. Costco Research firm Redburn downgraded Costco this week, which made me want to downgrade Redburn. But Costco stock has never been cheap. It was just a one-off thing but I think that Best Buy has worked its way into the conversation after its last quarter. (Jim Cramer's Charitable Trust is long TJX, COST, BBY, AAPL.

Persons: Jeff Marks, Jim Cramer's, Jim Cramer, Jim Organizations: TJX Companies, Costco, TJX, Costco Research, Redburn, Club, Apple Intelligence, Apple, Federal Reserve, CNBC Locations: Maxx

☆ A disappointed Rafael Nadal withdraws from Laver Cup over fitness worries
▼ + stars: | 2024-09-12 | by ( Homero De La Fuente | ) edition.cnn.com time to read: +3 min

CNN —Twenty-two-time grand slam singles champion Rafael Nadal has withdrawn from next week’s Laver Cup due to fitness concerns, the tournament announced on Thursday. “I’m really disappointed to share that I won’t be able to compete at the Laver Cup in Berlin next week,” Nadal said in a statement. The Laver Cup has not announced who will replace Nadal to join Alexander Zverev, Carlos Alcaraz, Daniil Medvedev, Casper Ruud and Stefanos Tsitsipas in Bjorn Borg’s Team Europe. Nadal announced in April that he would play in this year’s Laver Cup in Berlin and was still expected to play despite withdrawing from the US Open due to concerns about his fitness. This year, Nadal played in only seven tournaments including the French Open and the Olympics, but has failed to return to the form expected from the former world No.

Persons: Rafael Nadal, week’s, “ I’m, ” Nadal, “, Bjorn, ” Rafael Nadal, Carlos Alcaraz, Clive Brunskill, Novak Djokovic, Nadal, Alexander Zverev, Daniil Medvedev, Casper Ruud, Stefanos Tsitsipas, Roger Federer, Roland Garros, Clay ”, I’ve, ” Spain's Rafael Nadal, Germany's Alexander Zverev, Emmanuel Dunand Organizations: CNN, Laver, Europe, Team Spain, Olympics, Getty Locations: Berlin, Swiss, Paris, AFP

☆ Yes, a couple on 'The Secret Lives of Mormon Wives' is related to Ben and Casey Affleck. Here's what to know about Jen and Zac.
▼ + stars: | 2024-09-12 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +6 min

But it's fellow influencer Jen Affleck's relationship with her husband, Zac Affleck, that show has caught fans' attention. Here's what to know about Zac and Jen Affleck and their relationship. Zac and Jen met when she was 18 and they got married a year laterJen said she met Zac on a dating app called Mutual in 2018 when she was 18 and he was 21. Jen said last week during an interview with People that Zac was only a "distant relative" and the couple had never met Ben or Casey Affleck. AdvertisementJen auditioned to be part of 'The Secret Lives of Mormon Wives' before joining Mormon MomTokIn the "Weekly Trash" podcast episode, Jen said she wasn't affiliated with Mormon MomTok before the show started filming.

Persons: —, Ben, Casey Affleck, Taylor Frankie Paul, Jen Affleck's, Zac Affleck, Zac, Jen, Jen Affleck, Maria, Jen's, Rick, Nora Affleck, Lucas Lowell Affleck, Ben Affleck, Jennifer Lopez, Monica Schipper, I'm, Arizona Jen Organizations: Service, Hulu, Business, Brigham Young University, Brigham Young University in, Mormon, TikTok Locations: Las Vegas, Utah, Ecuador, Brigham Young University in Utah, Northern California, Salt Lake City, Arizona

☆ Katy Perry's triumphant VMAs performance isn't good news for her career
▼ + stars: | 2024-09-12 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +6 min

Just over 15 years after she released her major label debut, "One of the Boys," Perry became the latest Video Vanguard recipient, the VMA version of a lifetime achievement award. Performing a career-spanning medley at the VMAs as a Vanguard winner should be a victory lap. AdvertisementAfter an early career peak — Perry has released nine chart-topping hits to date, all before 2015 — she's had none in the past decade. It was bad enough to put Perry's comeback in jeopardy, quickly devolving into a "career crisis." But Perry's new album "143" will be released next week, and she still needs to convince people it's worth a listen.

Persons: —, Katy Perry, Perry, Michael Jackson's, — Perry, — she's, Katy, Arturo Holmes, Perry wouldn't, Sabrina Carpenter, Chappell Roan, I've, Doechii, Megan Thee, would've Organizations: Service, MTV, Vanguard, Business Locations: California

☆ Stock futures are little changed after S&P 500 notches fourth-straight winning session: Live updates
▼ + stars: | 2024-09-12 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

U.S. stock futures were little changed Thursday evening as traders sought to shake off a sluggish September. S&P 500 futures traded near the flatline. Futures tied to the Dow Jones Industrial Average added just 0.03%, and Nasdaq 100 futures slipped 0.02%. During Thursday's regular trading, investors snapped up shares of Big Tech names, including Nvidia , lifting the S&P 500 and the Nasdaq Composite for a fourth consecutive day. The three major averages are also on track to post weekly gains, with the S&P 500 up 3.5% and the Nasdaq on track for a 5.3% jump.

Persons: Dan Greenhaus, Dow Organizations: Dow Jones, Nasdaq, Big Tech, Nvidia, Dow, Salesforce, Microsoft, Federal, Management Locations: U.S

☆ Jon Rahm appeals DP World Tour fines in fight to make Ryder Cup
▼ + stars: | 2024-09-12 | by ( Jack Bantock | ) edition.cnn.com time to read: +5 min

CNN —Spanish golfer Jon Rahm appealed against outstanding fines to the DP World Tour on Thursday which had thrown his hopes of competing at next year’s Ryder Cup into jeopardy. That would leave just the French Open and South Korea’s Genesis Invitational as the only other two DP World Tour events that Rahm could feature in this season. I’m not sure,” Lowry told reporters ahead of the Irish Open, the DP World Tour’s latest tournament, on Wednesday. Alberto Pizzoli/AFP/Getty ImagesRahm and Lowry were both captained by Pádraig Harrington during the 2021 Ryder Cup at Whistling Straits in Wisconsin. It’s very important for the Ryder Cup … it’s bigger than just the match.”

Persons: Jon Rahm, year’s Ryder, Rahm, Luke Donald’s, LIV, “ Jon Rahm, ”, Tyrrell Hatton, ‘ I’m, LIV Golf’s, “ I’m, I’ve, ” Rahm, Richard Heathcote, Alfred Dunhill, ‘, Ireland’s Shane Lowry, ” Lowry, I’m, Alberto Pizzoli, Lowry, Pádraig Harrington, Harrington, Donald, ” Harrington, “, Big, Jon, you’ve, That’s Organizations: CNN, LIV, Team Europe, New, European, Madrid, Ryder, Masters, Getty, Andalucia Masters, Paris, BMW PGA, United, United Arab Emirates, Irish, Getty Images, Lowry, Bethpage Locations: Spanish, United States, Rome, New York, Dubai, Saudi, Madrid, Chicago, Scotland, Spain, Dallas, United Arab, AFP, Whistling Straits, Wisconsin

☆ Stocks making the biggest moves midday: Kroger, Petco, Moderna, Roku and more
▼ + stars: | 2024-09-12 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

That builds on Wednesday's post-earnings rally of nearly 33%, which marked the stock's best day on record. Moderna — The stock plummeted nearly 16% after the drugmaker said it will cut $1.1 billion in expenses by 2027. Interpublic Group of Companies — The advertising stock was trading 2% lower following a downgrade from UBS to sell from neutral. U.S. Bancorp — The bank stock slipped nearly 2% despite announcing a dividend hike and a $5 billion share buyback plan. Oracle – Shares of the software company rose nearly 2% after Bernstein named it a top investment idea .

Persons: Kroger –, Kroger, Moderna, Adam Berlin, Bernstein, Yun Li, Michelle Fox, Sean Conlon, Samantha Subin, Lisa Kailai Han, Sarah Min Organizations: Kroger, Moderna, Gilead Sciences, Alaska Air Group, Interpublic, Companies, UBS, Amazon, Pfizer, Bancorp, Diageo, Bank of America, Wolfe Research, Oracle – Locations: Gilead, Alaska, U.S

☆ These 5 portfolio stocks crushed the volatile market since our August Monthly Meeting
▼ + stars: | 2024-09-12 | by ( Morgan Chittum | ) www.cnbc.com time to read: +7 min

It's been a topsy-turvy stock market since the Club's August Monthly Meeting. These were two of our top performers since the August Monthly Meeting. The stock closed nearly 5% higher on the eve of the September Monthly Meeting. The S & P 500's health care sector is up 2.2% since the August Monthly Meeting, slightly outperforming the broad index's 1.8% rise in that timeframe. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: It's, We've, Eli Lilly, Estee Lauder, Jerome Powell, it's, DA Davidson, Goldman Sachs, Goldman, Andy Jassy's, TJX, Jensen Huang, Abbott, Jim Cramer's, Jim Cramer, Jim, Brendan Mcdermid Organizations: Dow Jones Industrial, Nasdaq, Investor, Federal, Procter, Gamble, Dover, Abbott Laboratories, TJX, Amazon, Micro Devices, Jackson, Bank of America, Telsey Advisory Group, JPMorgan, Oracle, Devices, AMD, Nvidia, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange Locations: seesaw, Wednesday's, U.S

☆ Sabrina Carpenter honors Madonna in vintage Oscars gown at VMAs red carpet
▼ + stars: | 2024-09-12 | by ( Oscar Holland | ) edition.cnn.com time to read: +4 min

CNN —Madonna was everywhere at this year’s MTV Video Music Awards in New York — and she wasn’t even there. But it was Artist of the Year nominee Sabrina Carpenter who went the extra mile by tracking down a vintage gown from the Queen of Pop’s style archive. Featuring a deep-V neckline and embellished with sequins, pearls and crystals, the white satin gown was designed — and later customized for Madonna — by celebrated fashion designer Bob Mackie. “Maria Schiavo, a well-known fashion stylist, borrowed my sample of this dress for a Madonna cover shoot for Vanity Fair,” Mackie recalled. Nobody else should be seen in that dress.”)Carpenter’s stylist, Jared Ellner, said on Instagram that he acquired the Madonna gown through LA vintage clothing studio, Tab Vintage.

Persons: CNN —, Addison Rae, Anitta, Sabrina Carpenter, —, Bob Mackie, Michael Jackson, ”, Dick Tracy, Madonna, Marilyn Monroe, Ron Galella, Steven Meisel, Mackie, “ Maria Schiavo, ” Mackie, Pop, Fran Drescher, Monroe, Diana Ross, Cher, Anya Taylor, Joy, Katy Perry, Zendaya, Miley Cyrus, Kim Kardashian, Jared Ellner, De, Tab Vintage’s, Alexis Novak, Carpenter, “, Evan Agostini, Britney Spears, Spears Organizations: CNN, MTV, De Beers, Vogue, UBS Arena, Billboard, VMA Locations: New York, Monroe, Elmont , New York

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