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☆ In Georgia, it’s Republican vs. Republican as election misinformation spreads
▼ + stars: | 2024-11-04 | by ( Sara Murray | ) edition.cnn.com time to read: +5 min

CNN —The deep mistrust between conservatives and Republican election officials in Georgia is hampering efforts to slow the tide of election misinformation swirling in this pivotal battleground state. Our systems are secure and our people are ready.”The best sources of accurate and timely election information have been state and election officials. But plenty of conservatives simply don’t believe what election officials are sharing, even when it is backed up by other sources. We have safeguards to protect elections from fraud.”Among Georgia state officials, there’s obvious frustration with the local conservative agitators. Janice Johnston, one of the conservative members of the Georgia State Election Board, recently posted “Danger!

Persons: Brad Raffensperger, Kylie Jane Kremer, Gabriel Sterling, Raffensperger —, Donald Trump —, Joe Biden, ” Raffensperger, ”, Karli Swift, Amy Kremer, Kylie Jane Kremer’s, Sterling, “, ” Sterling, Trump, ” Cleta Mitchell, Steve Bannon’s, Janice Johnston, that’s, ” Johnston, Johnston Organizations: CNN, Republican, Trump, Infrastructure Security Agency, Peach, Georgia GOP, CNN Conservatives, Republicans, Republican National Committee, Board Locations: Georgia, Russian, Atlanta, DeKalb County, ”, Fulton County, Gwinnett, Fulton

☆ Quantifying how much Nvidia will influence the Dow after it joins the storied average
▼ + stars: | 2024-11-04 | by ( Nick Wells | ) www.cnbc.com time to read: +2 min

What kind of influence will Nvidia have on the 30-stock index when it joins before the bell this Friday? Instead, share price determines how much a single stock can move the Dow on a daily basis. A $1 move in any Dow stock translates to roughly 6.6 points on the index. By considering both share price and historical volatility, we can estimate each stock's potential influence on the index. According to a CNBC analysis of FactSet data, Nvidia would rank as the eighth-largest influence on the Dow based on its share price and recent volatility.

Persons: Jensen Huang, Annabelle Chih, Dow, Goldman Sachs, it's Organizations: Nvidia, Bloomberg, Getty, Dow, Microsoft, Apple, Intel, CNBC Locations: Taipei, Taiwan, UnitedHealth

☆ Palantir shares surge on rosy revenue outlook
▼ + stars: | 2024-11-04 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Palantir shares jumped 13% in extended trading on Monday after the data analytics software maker reported robust third-quarter results and revenue guidance. With respect to guidance, Palantir called for fourth-quarter revenue of $767 million to $771 million. It now sees $2.805 billion to $2.809 billion, compared with $2.742 billion to $2.750 billion in August. The company is targeting over $687 million in U.S. commercial revenue for the year, implying about 24% of the total. As of Monday's close, Palantir shares were up 141% in 2024, while the tech-heavy Nasdaq had gained 21%.

Persons: Alex Karp, Palantir, Karp, LSEG, StreetAccount, Joe Lonsdale Organizations: Palantir, Bloomberg, P Global, Nasdaq, Musk Locations: Palo Alto , California, U.S, United States, Europe

☆ What Nvidia's Dow inclusion means for the chipmaker, according to history
▼ + stars: | 2024-11-04 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Investors are expecting the Dow Jones Industrial Average to get a boost from the inclusion of the biggest artificial intelligence beneficiary of the last year. The 30-stock Dow has underperformed this year and last after failing to capitalize on the artificial intelligence boom that helped bolster the comparatively tech-heavy S & P 500 and Nasdaq Composite. By comparison, the S & P 500 has surged 20% in 2024, after climbing 24% last year. Nvidia shares have gained 179% this year, and last advanced 1.8% in midday trading. Meanwhile, Intel shares have tumbled more than 55% in 2024; on Monday, it was last off by another 3.5%.

Persons: Dow Jones, CFRA Research's Angelo Zino, Dow, Nvidia doesn't, Ned Davis, Zino, bullish Organizations: Dow Jones, Dow, Nasdaq, Nvidia, Ned Davis Research, Blackwell, Intel, Amazon, Walgreens, Alliance, Walgreens Boots Alliance

☆ Meta is 'net winner' on AI spending, says outperforming fund manager who previously sold the stock
▼ + stars: | 2024-11-04 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

An outperforming fund manager who previously sold Meta Platforms shares over concerns about the company's virtual reality investments is now bullish on the technology giant's artificial intelligence strategy. This optimistic stance marks a significant shift for Yiu, who revealed that his fund had previously sold out of Meta Platform shares two years ago due to concerns about the company's virtual reality investments. Meta's Reality Labs division, home to the company's virtual reality technologies and projects, took on $13.72 billion in losses in 2022 before Zuckerberg pivoted strategy. Meta is among the top 10 holdings in Yiu's Blue Whale Growth Fund, which itself is up 16.6% in 2024. Yiu's endorsement comes as Meta faces scrutiny over its ambitious AI spending plans, prompting mixed reactions from Wall Street analysts.

Persons: Stephen Yiu, Yiu, CNBC's, Metaverse, Zuckerberg, Meta, Benjamin Black, Black, Nat Schindler, Morningstar, Morningstar's Malik Ahmed Khan, Michael Bloom, Jonathan Vanian, Ari Levy Organizations: Blue, Growth, Meta, Nvidia, Labs, Wall Street, Deutsche Bank

☆ SK Hynix rallies 6.5% after Nvidia boss Jensen Huang asks firm to expedite next-generation chip
▼ + stars: | 2024-11-04 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Chey Tae-won, chairman of SK Group, during the SK AI Summit in Seoul, South Korea, on Monday, Nov. 4, 2024. SK Hynix is working with Nvidia to resolve the supply bottleneck, Chey said. Tech giants around the world have been snapping up Nvidia chips in a bid to produce the most powerful models and applications. SK Hynix shares are up around 36% this year. Samples of the chip — a 16-layer HBM — will be provided to customers in early 2025, SK Hynix said.

Persons: Chey Tae, Chey, Jensen Huang, HBM Organizations: SK Group, SK AI Summit, SK Hynix, Nvidia, SK, SK Hynix's, Tech, Samsung Locations: Seoul, South Korea, HBM

☆ Ukraine is facing serious problems in the east, where Russia's forces are grinding forward
▼ + stars: | 2024-11-04 | by ( Chris Panella | ) www.businessinsider.com time to read: +8 min

Ukraine is facing a grim outlook along sectors of the front, especially in the east. AdvertisementRussia's grinding offensive operations have been gaining momentum in eastern Ukraine as challenges for the defenders mount. Ukraine's shocking invasion of Russia's Kursk region briefly took the focus off the fighting in the Donbas, but now Ukraine is losing ground both inside Russia and at home. Ukraine faces severe manpower shortages as its forces are stretched line across the front lines. Despite heavy losses, Russia has continued its momentum on Ukraine's eastern front.

Persons: Kyiv's, it's, —, Ukrainian Armed Forces Oleksandr Syrskyi, YASUYOSHI CHIBA, Patrick Ryder, Michael Kofman, Jack Watling, Watling, Serhii Mykhalchuk, what's, Kofman, Trump, Mario Tama, Donald Trump, Kamala Harris, Harris, she'd, Ukraine's Organizations: Service, Ukrainian Armed Forces, Getty, Pentagon, Ukraine Russia's, Carnegie Endowment, International Peace, Royal United Services Institute, Foreign Affairs, Russian Defense Ministry Press Service, AP, Ukrainian National Security and Defense Council, Ukrainian Air Force, New York Times, Kyiv, Republicans Locations: Ukraine, Russia, Russia's Kursk, Donetsk, AFP, Kursk, Washington, Kyiv

☆ Apple has a new batch of AI features arriving in time for the holidays
▼ + stars: | 2024-11-04 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Apple is expected to expand Apple Intelligence with an iOS 18.2 update on December 2. Apple said it plans to build out Apple Intelligence over the next several months, with drops in December and April. Related Video How AI will change the iPhone and other Apple productsWith visual intelligence, Apple said iPhone 16 owners can use their new Camera Control button to get information on objects or places — or translate languages with AI. While its rivals have been quick to announce and launch their AI offerings, Apple is taking a slower approach. Apple Intelligence was announced at the Worldwide Developer Conference in June.

Persons: —, Apple, Siri Organizations: Apple, Apple Intelligence, Service, Bloomberg, Microsoft, Meta, Worldwide, Conference

Israel announced Sunday that it carried out a special ground operation in Syria "in recent months," according to a statement from the Israel Defense Forces. The IDF also say they detained an "Iranian terror network operative" during the mission, who they identified as Ali Soleiman al-Assi. The ministry added that the strikes hit a military site in Hama and a car assembly plant in Hassia. Syrian state television also reported that the strikes hit vehicles loaded with medical and relief supplies and ignited a large fire in the area. Israel has vowed to stop Iranian entrenchment in Syria, particularly since Syria is a key route for Iran to send weapons to the Lebanese militant group Hezbollah.

Persons: Israel, Ali Soleiman, SANA Organizations: Sunday, Israel Defense Forces, IDF, Hezbollah, Hamas Locations: Syria, Israel, Hama, Hassia, Iran, Lebanese, Gaza

☆ Meet the Press – November 3, 2024
▼ + stars: | 2024-11-03 | by ( ) www.nbcnews.com time to read: +55 min

KRISTEN WELKER:As the 2024 election nears the finish line, Vice President Kamala Harris and former President Donald Trump make their last appeal to voters. Vice President Harris and former President Trump and their surrogates are making their closing arguments. North Carolina was the state former president Trump won in 2020 by the smallest margin and both candidates held events there on Saturday. I asked, what is his message to women who are thinking about voting for Vice President Harris. Today, Vice President Harris is in Michigan working to shore up the blue wall, her simplest path to winning the White House.

Persons: KRISTEN WELKER, PRES, KAMALA HARRIS, FMR . PRES, DONALD TRUMP, Kamala Harris, Donald Trump, Steve Kornacki, Liz Cheney, Let's, TONY HINCHCLIFFE, Raphael Warnock of, Doug Burgum, Chuck Todd, Cristina Londoño Rooney, Marc Short, Mike Pence, Jen Psaki, Kristen Welker, . PRES, Harris, Trump, Biden, haven't, Will Nikki Haley, hasn’t, Kamala, TIM WALZ, Donald Trump's, SEN, JD VANCE, FMR, MICHELLE OBAMA, She's, Hurricane Helene, NBC's Dasha Burns, DASHA BURNS, Kristen, Ann Selzer, “, we've, Dasha, We're, Alcindor, YAMICHE, STEVE KORNACKI, Harris ., They've, she's, Joe Biden's, Steve, they've, We've, –, Raphael Warnock of Georgia, Warnock, Press . SEN, RAPHAEL WARNOCK, It's, Martin Luther King Jr, Barack Obama, I've, I’ve, we're, They're, Governor Burgum, DOUG BURGUM, Nikki Haley, NIKKI HALEY, they're, Trump's, I'm, he's, Emerson, Iowa that's, I'd, Trump hasn't, It’s, Biden's, There's, Burgum, JEN PSAKI, Chuck, hasn't, CHUCK TODD, who's, – KRISTEN WELKER, she’s, Harris isn't, Jen, that's, Cristina, let's, CRISTINA LONDOÑO ROONEY, They’re, Obama, there's, o’clock, Clinton, JD Vance, RUDOLPH, MAYA RUDOLPH, we'd, Hillary Clinton, Marc, We'll, it's Organizations: FMR, NBC, Puerto Rico, Trump, Democratic, Republican, Washington, Telemundo, Staff, White House Press, Press, Rockefeller, Des Moines Register, NBC News, DONALD TRUMP : Georgia, GOV, TIM, FIRST, United States Capitol, Des Moines, White, Muslim, National, Black, Press ., Ebenezer Baptist Church, New York Times, Central, American, UN, Penn State football, Madison, –, Iowa, Republicans, oversampled, Puerto Ricans, Obama, it's, Democratic Party Locations: America, FMR ., United States, Puerto Rico, Raphael Warnock of Georgia, North Dakota, New York, ., Wisconsin, North Carolina, Pennsylvania, ELON, Hurricane, Greensboro, Iowa, Michigan, Detroit, East Lansing, Dearborn , Michigan, Gaza, Arizona, Des, Washington, Ebenezer, Georgia, Trump's, Puerto Rican, Madison, Korea, Ukraine, Israel, Iran, American, Pennsylvania , Wisconsin, Kansas, Puerto, Puerto Ricans, Trump, , Wisconsin, it's New Hampshire, New Hampshire

☆ U.S. says Iranian-American held in Iran as tensions high following Israeli attack on country
▼ + stars: | 2024-11-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +4 min

Valizadeh had worked for Radio Farda, an outlet under Radio Free Europe/Radio Liberty that’s overseen by the U.S. Agency for Global Media. The State Department told the AP that it was “aware of reports that this dual U.S.-Iranian citizen has been arrested in Iran” when asked about Valizadeh. “We are working with our Swiss partners who serve as the protecting power for the United States in Iran to gather more information about this case,” the State Department said. The Voice of America, another U.S. government-funded media outlet overseen by the Agency for Global Media, first reported the State Department was acknowledging Valizadeh’s detention in Iran. Meanwhile, Iranian state television aired footage Sunday of different cities across the country marking the anniversary of the embassy takeover.

Persons: Reza Valizadeh, Ayatollah Ali Khamenei, Valizadeh, Radio Farda, Iran ”, Hossein, Khamenei, ”, America, Benjamin Netanyahu, Hassan Nasrallah, Yahya Sinwar Organizations: Associated Press, U.S . State Department, American Embassy, Iran’s, Radio Farda, Radio Free, Liberty, U.S . Agency for Global Media, Radio, Iran’s Intelligence Ministry, Human Rights, News Agency, The State Department, State Department, United Nations, America, Agency for Global Media, Embassy, Guard, U.S Locations: Iranian, American, Iran, Tehran, Israel, U.S, Radio Free Europe, United States, South Korea, Valizadeh, Lebanese

☆ The Rise of GodGPT: Religions Are Using Bots for Spiritual Formation
▼ + stars: | 2024-11-03 | by ( John Brandon | ) www.businessinsider.com time to read: +9 min

"Dealing with social anxiety can be challenging, but there are several approaches that might help," the bot responded. "Cathy represents our innovative approach to leveraging technology in support of spiritual exploration," says Rev. Lorenzo Lebrija, the founding director of TryTank and an Episcopal priest. But they've designed it to help spiritual seekers talk about subjects they feel "vulnerable or defensive" about. John Brandon is a journalist who has published over 15,000 articles on social media, technology, leadership, mentoring, and many other topics.

Persons: Cathy, It's, Lorenzo Lebrija, Lebrija, Andrew Doyle, Jesus, Chatbot Eli, Gita GPT, Father Justin, they've, Elon Musk, Joshua K, Smith, I'm Cathy, Sam Altman, Thomas Telving, Richard Zhang, I've, —, Rev, Doyle, Telving, John Brandon Organizations: TryTank Research, Episcopal, Episcopal Church, of, Gatorade, Google Locations: of Texas

☆ The 3 things that will influence the stock market in the most consequential week of the year
▼ + stars: | 2024-11-03 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

The major stock benchmarks rallied Friday but were lower last week, with the Nasdaq leading the way lower after reaching new highs. Eight other Club names reported earnings last week, including Eli Lilly and Eaton. Despite indications from Big Tech that Nvidia's AI chips will remain in hot demand, the Club stock fell 4.3% for the week. The S & P 500 , which is less tech-weighted, fell nearly 1.4% for the week, making it back-to-back weekly losses for the broader market index. Earnings After analyzing earnings reports from 14 of our portfolio companies last week, there is only one Club name on the docket this week.

Persons: Eli Lilly, Eaton, Jim Cramer, financials Goldman Sachs, Kamala Harris, Donald Trump, Harris, Trump, That's, Jerome Powell, We're, we'll, Archer, Johnson, Jim Cramer's, Jim, Brendan McDermid Organizations: Nasdaq, Devices, Apple, Microsoft, Big Tech, Club, Nvidia, Dow, Intel, AMD, Dow Jones, Visa, American Express, JPMorgan, Bond, Federal Reserve, Boeing, Treasury, White, DuPont, Election, Protection, Electronics, Industrial, Constellation Energy, Marriott, Century Fox, Wynn Resorts, WYNN, Goodyear Tire, Cirrus, Diamondback Energy, Daniels, Midland, Apollo Global Management, Ferrari, Restaurant Brands, Emerson Electric, Devon Energy, Novo Nordisk, CVS Health, Howmet Aerospace, Teva Pharmaceutical Industries, Cedar Fair Entertainment, Toyota, American Electric Power Company, Johnson Controls, Dine Brands, Holdings, AMC Entertainment, Qualcomm, Coty, COTY, Energy, Barrick, Halliburton, HAL, Hershey, Air Products & Chemicals, Warner Bros ., Arista Networks, Rivian Automotive, Trade, Icahn Enterprises, Sony, SONY, Paramount, Jim Cramer's Charitable, CNBC, New York Stock Exchange Locations: BlackRock, Florida, China, Sluggishness, Cleveland, New York City, U.S

☆ Stocks to play China's shopping festival — even if consumers spend less
▼ + stars: | 2024-11-03 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

As China's biggest shopping festival of the year gets underway, analysts are starting to favor Chinese logistics companies as a way to play the online shopping trend. The JPMorgan report initiated coverage of U.S.-listed ZTO Express , which the analysts said is China's largest express parcel player with more than 20% of the market. ZTO YTD mountain ZTO Express shares in the U.S. in 2024. Morgan Stanley is less bullish, rating J & T equal-weight while citing competitive risks in China and potential challenges in Southeast Asia. "Cuts on overseas profitability outlook has weakened our investment thesis," the Morgan Stanley analysts said.

Persons: JD.com, Morgan Stanley, ZTO, Morgan Stanley's, Nomura, Jet Li, Li, Michael Bloom Organizations: JPMorgan, YTO Express, STO Express, Yunda, T Global Express Ltd, ZTO's, ZTO Express, J, T Global Express, HK, Nomura, Hong Kong, Hong, CNBC Locations: Hong Kong, U.S, China, Southeast Asia, T Global Express Hong Kong

☆ Banks and the federal government point fingers as Americans lose billions to online scams
▼ + stars: | 2024-11-03 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

The American Bankers Association is urging federal action on online financial fraud. Banks and the federal government are in a similar situation, pointing to each other to solve the problem of online financial scams. For its part, the government wants banks to take on more responsibility, and more consistently refund their customers who fall victim to online scams. According to the Federal Trade Commission, consumers reported more than $10 billion in losses last year from online scams. He also said that the government should create "financial crimes intelligence centers."

Persons: Banks, ABA's, —, It's, Rob Nichols, Nichols, Forbes, JP Organizations: American Bankers Association, Service, Federal Trade Commission, Consumer Financial Protection Bureau, JP Morgan, Bank of America, FTC Locations: Wells Fargo, Texas

☆ A US invasion of Taiwan in WWII would have been a disaster. A Chinese operation faces similar dangers.
▼ + stars: | 2024-11-03 | by ( ) www.businessinsider.com time to read: +7 min

AdvertisementThe US once planned an invasion and seizure of Taiwan that would have been as big as D-Day. The CMSI study makes clear that a US invasion of Taiwan in 1945 — or a Chinese invasion today — would be difficult and risky. The objective would be to occupy southern Taiwan and the mainland Chinese port of Xiamen across the Taiwan Strait. US troops suffered 50,000 casualties in two months of hard fighting in the Okinawa invasion. "Taiwanese military officers pay close attention to history, and especially the history of island warfare, urban warfare, and amphibious warfare," said Easton.

Persons: —, Ian Easton, Taiwan —, Adm, Ernest King, Douglas MacArthur, MacArthur's, Easton, Michael Peck Organizations: Service, China Maritime Studies Institute, Getty, US Navy, Army, Orange, Marine, US Marine Corps, Japan, Imperial, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Taiwan, Pacific, China, Beijing, Battleship, Tennessee, Okinawa, Japan, Philippines, Normandy, Xiamen, AFP, Forbes

☆ Ukrainian intelligence details the equipment it says Moscow is arming North Korean troops with, from 'Dragunov' sniper rifles to thermal imagers
▼ + stars: | 2024-11-03 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

US officials said this week that around 8,000 North Korean troops were in Russia's Kursk region. AdvertisementUkraine's Main Directorate of Intelligence has shared details about the weapons and equipment it says Moscow is arming North Korean troops with. The SVD sniper rifle, also known as the "Dragunov," is a semiautomatic Russian infantry sniper rifle "designed to engage enemy personnel and other unarmored targets at ranges up to 800 meters," according to the manufacturer Kalashnikov Group. Related storiesUkraine has previously released a video that appeared to show North Korean troops "being outfitted in Russian gear" at a Russian military training compound. It comes as Ukrainian President Volodymyr Zelenskyy called on Western allies to lift restrictions on long-range weaponry to enable Ukraine to potentially carry out preemptive strikes on the North Korean forces gathered in Russia.

Persons: —, Lloyd Austin, Volodymyr Zelenskyy Organizations: Service, Directorate of Intelligence, Phoenix, Russian, Kalashnikov, US, North Korean, Ukraine, Korean Locations: Russia's Kursk, Moscow, Russia, Russian, Ukraine, Kursk

☆ Insider Today: Big Tech battle royale
▼ + stars: | 2024-11-03 | by ( Matt Turner | ) www.businessinsider.com time to read: +5 min

Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On the agenda today:Related Video How Twitter panic took down Silicon Valley BankBut first: Takeaways from a big week in Big Tech. All about AI, all the timeGetty Images; Jenny Chang-Rodriguez/BIThe trillion-dollar giants of Big Tech reported earnings this week, beating estimates and committing billions to AI. The disappearing tech freebiesMint Images - David Arky/Getty, masterzphotois/Getty, Tyler Le/BIAfter years of upping the ante with everything from exercise classes to laundry services, tech companies are clamping down on freebies.

Persons: —, we'll, Jenny Chang, Rodriguez, Sundar Pichai, execs, Mark Zuckerberg, Natalie Ammari, Tesla, James Yates, David Arky, Tyler Le, BI's Graham Flanagan, Matt Garman Organizations: Business, Service, Big, Big Tech, Apple Apple, underwhelmed, Apple Intelligence, Meta Meta, Nvidia, Microsoft Microsoft, United States Army, Amazon Locations: Big Tech, China, Italy, Spain, New Zealand, Hawaii

☆ Earnings playbook: Nearly 100 S&P 500 names are set to report, including three AI plays
▼ + stars: | 2024-11-03 | by ( Fred Imbert | ) www.cnbc.com time to read: +5 min

Artificial intelligence plays Palantir, Qualcomm and Super Micro Computer are among the 96 S & P 500 names on deck. Monday Palantir is set to report earnings after the bell, with a call scheduled for 5 p.m. This quarter: Earnings are expected to have soared more than 20% from the year-earlier period, per LSEG. Tuesday Super Micro Computer is set to report earnings after the close, followed by a call at 5 p.m. Qualcomm is set to report earnings after the close, with a call set for 4:45 p.m.

Persons: PLTR, SMCI, Ernst & Young, TD Cowen, Andrew Charles doesn't, Karen Lynch, David Joyner, Ross Seymore Organizations: Qualcomm, Apple, Microsoft, Meta, Investment, LSEG, Micro, Yum Brands, Brands, CVS, Revenue, VanEck Semiconductor, Deutsche Bank

Sirens sounded in central and northern Israel Saturday and the Israeli military continued to pummel Lebanon and Gaza, as cease-fire talks held this week yielded little hope of ending hostilities on the ground. The Israeli military bombed targets in Beirut's densely-populated southern suburbs overnight after warning residents to evacuate. It was the first time in several days that the area, a Hezbollah stronghold, had been hit. The Lebanese Health Ministry said 52 people were killed by the Israeli strikes, and 72 injured across the country on Friday. Health workers in Gaza told Reuters that at least 68 people were killed in Israeli strikes in the last 24 hours.

Persons: Israel, OMAR AL, Magen David Adom, Lior, Bill Burns, Abdel Fattah el, Hassan Rashad ., Brett McGurk, Amos Hochstein, Najib Mikati, Mikati, McGurk, Hochstein, Benjamin Netanyahu's, Ayatollah Ali Khamenei, United States “, General Mohammad Naeini, “, ” Organizations: Israel Defense Forces, United Nations, Hamas, Lebanese Health Ministry, . Health, Reuters, Getty, Iran’s, Iran ”, CIA, American, Friday Reuters, Iranian, United, Islamic Revolutionary Guard Corps Locations: Israel, Lebanon, Gaza, Northern Gaza, ”, AFP, United States, Tira, Tel Aviv, Red Sea . U.S, Cairo, Iran, Fars, North Gaza

☆ Why all eyes are on America's fallen tech giant Intel, which is losing its spot in the Dow Jones Industrial Average
▼ + stars: | 2024-11-02 | by ( Helen Li | ) www.businessinsider.com time to read: +9 min

Nvidia will be replacing Intel in the Dow Jones Industrial Average. In the past several years, it has fallen from grace, failing to jump on the AI train in time. The S&P Dow Jones Indices said Friday that Nvidia will replace Intel on the Dow Jones Industrial Average, a blue-chip index intended to project the most relevant picture of the US economy. Habana helped launch Intel's next-generation Gaudi AI chip for businesses this year. AdvertisementEven if Qualcomm acquired Intel, it's unclear what it would do with Intel's manufacturing operations.

Persons: —, Dow, Pat Gelsinger, Stacy Rasgon, Paul Otellini, Otellini, OpenAI, Habana, Intel's, Gaudi, Rasgon, Bryan Catanzaro, Logan Purk, Edward Jones, nipping, Purk, TSMC, Dan Morgan, Morgan Organizations: Intel, Nvidia, Dow Jones, Qualcomm, Service, VMware, Bernstein Research, Apple, Reuters, Microsoft, Systems, Habana Labs, Companies, AMD, Samsung, Wall Street, Apollo Global Management, Bloomberg, Broadcom, Biden Locations: Arizona, Ohio, Nervana, Synovus

☆ Google's cloud outpaces rivals in third quarter as AI battle heats up
▼ + stars: | 2024-11-02 | by ( Jordan Novet | ) www.cnbc.com time to read: +1 min

With Wall Street laser focused on cloud computing this week, Google outpaced its rivals in growth, a key sign for investors that the internet company is gaining traction in artificial intelligence. Amazon Web Services, which remains the market leader, grew 19% to $27.45 billion, meaning it's more than twice the size of Google Cloud but expanding about half as quickly. Second-place Microsoft said revenue from Azure and other cloud services grew 33% from a year earlier. Five of the six trillion-dollar tech companies reported results this week, with AI chipmaker Nvidia as the outlier. Google reported a 17% cloud operating margin in the third quarter, after first turning a profit last year.

Persons: Sundar Pichai, Melissa Otto Organizations: Munich, Google, Web Services, Microsoft, Nvidia, Argus Research, CNBC Locations: Hof, Munich, Germany

☆ China is closing a South China Sea surveillance gap with a new radar made to spot stealth aircraft, satellite images suggest
▼ + stars: | 2024-11-02 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Satellite images appear to show a SIAR system on Triton Island in the South China Sea. China previously built a SIAR system on Subi Reef in the Spratly Islands, further south in the South China Sea and west of the Philippines. "This is an iteration on a long-term Chinese strategy to dominate the sensor space in the South China Sea," he said. AdvertisementLast fall, the Pentagon documented growth in China's intelligence-gathering capabilities in the South China Sea, especially at the Spratlys. China's new SIAR system on Triton Island helps grow its reconnaissance and surveillance network in the South China Sea.

Persons: —, Chatham House's John Pollack, Damien Symon, Maxar, Chatham, Gregory Poling, Michael Dahm, Dahm, Aaron Haro Gonzalez Organizations: Service, Business, Chatham House, Triton, Southeast Asia Program, Asia Maritime, Center for Strategic, International Studies, Pentagon, Aerospace, China Studies, Mitchell Institute, US, Communication, US Air Force Locations: China, South China, South, Chatham, Spratly, Philippines, Hainan, Beijing, Aaron Haro Gonzalez China

☆ What Wall Street learned from the week's Big Tech earnings flurry
▼ + stars: | 2024-11-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Among the megacap stocks, Alphabet , Amazon and Microsoft grew year-over-year, cloud-based revenue by 35%, 19% and 20%, respectively. But of the five largest companies that have so far reported results — Meta Platforms , Alphabet, Amazon, Apple and Microsoft — only two finished the week higher. META 5D mountain Meta, 5 days Commentary from some of the tech companies signaled that AI demand remains robust. Amazon CEO Andy Jassy justified stepped up AI spending, saying that investors will be rewarded over the long haul. AMZN 5D mountain Amazon, 5 days Meanwhile, the still enormous spending patterns among megacap technology companies signals no downturn for de facto AI leader Nvidia.

Persons: Gene Munster, Sundar Pichai, Andy Jassy, Ray Wang, Wang, Mark Malek, Constellation's Wang, Satya Nadella's, Eric Clark, Clark Organizations: Microsoft, Apple, Constellation Research, Brands, Nvidia

☆ Bill Gates is surprised more people don't ask him these 'boring' questions: They're 'more important than the GDP'
▼ + stars: | 2024-11-02 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

Bill Gates is constantly asked for his thoughts on big topics like artificial intelligence, climate change and pandemics. Gates, 69, told LinkedIn co-founder Reid Hoffman during an episode of the "Possible" podcast that published on Wednesday. — even though those types of topics aren't always top of mind for most Americans. It's "one of the most important questions ever," Gates wrote, adding: "It is hard to think of a measure of how a society is doing that reveals more than whether it is protecting its children, and especially its most vulnerable children," Gates wrote. Malnutrition probably isn't a top concern for the average person living in an area that's relatively unaffected by the issue, Gates told Hoffman.

Persons: Bill Gates, Reid Hoffman, Gates, —, Hoffman, I'm Organizations: Microsoft, LinkedIn, New York Times, World Health Organization, CNBC

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