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☆ Cramer explains what the Fed's rate cuts mean for tech stocks
▼ + stars: | 2024-09-18 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Wednesday discussed the repercussions of the Federal Reserve's interest rate cuts on the technology sector, saying he thinks they hinder tech stocks because the companies don't necessarily stand to benefit from lower rates. "With a double-sized rate cut that everybody already expected, you aren't gonna see a huge run in tech. Unlike companies in the retail or housing sector, large tech companies are largely divorced from the consumer and the labor market, and cater to the enterprise, he added. Consumer-oriented companies may be the ones to own during this cutting cycle, Cramer suggested, even though tech stocks can still be winners with rates coming down. "On days like today, we want the companies that desperately needed a rate cut, because they just got what they wished for," Cramer said.

Persons: CNBC's Jim Cramer, Cramer, Wall Organizations: Fed, Big Tech, Consumer Locations: San Francisco

☆ Musk’s X skirts Brazil ban and returns to some users with change to server access
▼ + stars: | 2024-09-18 | by ( ) www.cnbc.com time to read: +5 min

Some Brazilian users reconnected with X on Wednesday despite the Supreme Court's recent nationwide ban, the result of the social network apparently changing the way its servers are accessed. That rendered X effectively inaccessible in the country until Wednesday, with AP journalists among those who had access. It acts as a proxy between users and X's servers, filtering traffic and preventing the original Internet Protocol (IP) address from being recognized, Diogenes told The Associated Press. Former president Jair Bolsonaro celebrated the return of the social network. Some Brazilian X users trumpeted the platform's return — with several addressing de Moraes directly, vowing that they weren't using a VPN.

Persons: Alexandre de Moraes, X, Elon Musk, Pedro Diogenes, Diogenes, Anatel, de Moraes, Cloudflare didn't, Musk, hadn't, Jair Bolsonaro, Bolsonaro, Cloudflare, David Nemer, Nemer, Bluesky, De Moraes, Rafael Mafei, Mafei Organizations: Elon, CLM, Associated Press, AP, Nazi, University of Virginia, University of Sao, SpaceX Locations: Brazil, Charlottesville , Virginia, San Francisco , California, University of Sao Paulo

☆ Russian disinformation peddlers are targeting Harris-Walz campaign with fake videos, Microsoft says
▼ + stars: | 2024-09-17 | by ( Kevin Collier | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Brandy-Zadrozny-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +4 min

Russian disinformation peddlers are producing videos targeting the Harris-Walz campaign with false and disparaging claims, Microsoft said Tuesday. At least three Russian disinformation actors have been working to denigrate the Harris-Walz campaign, Microsoft said. Some of the disinformation comes in the form of two videos that have been disseminated since late August, Microsoft said. NBC News has viewed an upload of that video posted to X, which Microsoft confirmed is the alleged Russian disinformation. The report comes after the U.S. accused the Kremlin of running a multifaceted disinformation campaign to boost former President Donald Trump and disparage Harris.

Persons: Harris, Walz, Russia’s Ministry of Foreign Affairs didn’t, Darren Linvill, ” Linvill, Kamala Harris, Linvill, ”, Donald Trump, Joe Biden, Trump, Vladimir Putin Organizations: Microsoft, Justice Department, Russia’s Ministry of Foreign Affairs, NBC News, Media, Clemson, Democratic, Russia’s Internet Research Agency, Tenet Media, National Intelligence, Intelligence, Biden, Ukraine, FBI, The Justice Department, Trump Locations: San Francisco, Russia, Ukraine, Iran, U.S, China

☆ Perry Farrell apologizes to Dave Navarro, Jane's Addiction bandmates after on-stage fight
▼ + stars: | 2024-09-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +7 min

Jane’s Addiction singer Perry Farrell has apologized to bandmates and fans for “inexcusable behavior,” hours after news broke that the second half of the group’s reunion tour was being canceled after a fight broke out on stage Friday. We hope that he will find the help he needs.”Dave Navarro, left, and Perry Farrell of Jane's Addiction perform at Trinity College Park in Dublin on June 28. Navarro was not the first in the Jane’s camp to suggest that Farrell was dealing with serious mental health struggles. Nonetheless, Navarro and Avery seem to be of one accord, along with Jenkins, in their ultimate response to what went down. We would have loved to have completed the rest of the dates on the tour with Jane’s Addiction but unfortunately the matter is out of our hands.

Persons: Perry Farrell, Farrell, Dave Navarro, ” Farrell, Navarro, Eric Avery, “, ” Dave Navarro, Jane's, Kieran Frost, Redferns, Dave, Eric, Stephen, Perkins, ”, Farrell’s, Etty Lau Farrell, Avery, Jenkins, “ chugging, Etty, “ Dave, Perry, — Organizations: Variety, Trinity College Park, Getty, Live Nation, Rockets, YouTube, Boston’s Locations: Boston, Dublin, Bridgeport , Toronto, Rochester Hills, Milwaukee, Chicago, Indianapolis, Huntsville, St, Louis, Denver, Sandy, Seattle, Portland, Reno, San Francisco, Los Angeles, L.A

☆ Microsoft says Russian operatives are ramping up attacks on Harris campaign with fake videos
▼ + stars: | 2024-09-17 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +3 min

CNN —Microsoft said Tuesday that Russian operatives have in recent weeks intensified their online attacks on Vice President Kamala Harris’ campaign by producing and disseminating videos promoting “outlandish conspiracy theories” aimed at stoking US racial and political divisions. One of the inauthentic videos, which Microsoft said had been viewed millions of times, claimed to show Harris supporters attacking an attendee of a Donald Trump rally. Russian operatives promoted the latter story through a website pretending to be a local San Francisco media outlet, Microsoft researchers said. CNN has requested comment on the Microsoft report from the Harris-Walz campaign and from the Russian Embassy in Washington, DC. Tehran has conducted a covert social media activity in an effort to undercut Trump’s candidacy, US officials have said.

Persons: Kamala Harris ’, Harris, Donald Trump, denigrate, ”, haven’t, Joe Biden, Hillary Clinton, Walz, ‘, Biden, “, ” Clint Watts Organizations: CNN, Microsoft, Russian, Ukraine, National Intelligence, Russian Embassy, Democratic, The, Department, Justice Department, Tenet Media, Monday, Trump, FBI Locations: San Francisco, Russia, Moscow, Russian, Washington , DC, Iran, Tehran

☆ CNBC TechCheck Evening Edition: September 17, 2024
▼ + stars: | 2024-09-17 | 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 EmailCNBC TechCheck Evening Edition: September 17, 2024CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.

Persons: TechCheck Organizations: CNBC Locations: San Francisco

☆ Salesforce CEO describes new AI product's real-life use case in healthcare
▼ + stars: | 2024-09-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

"Our doctors and our nurses are just way burnt out after the pandemic," Benioff said. Agentforce is a platform meant to automate certain functions, and Benioff has previously described how it helps clients like ADP , OpenTable, Wyndham and Wiley . Benioff claimed that Agentforce's capabilities are more advanced than other automated customer services functions that can lead to frustration. "We can make those customers successful with their customers in these incredible new ways," he said. "And it's so much more than just — go away with the 'hit one for sales, hit two for service, hit three for marketing.'

Persons: Marc Benioff, CNBC's Jim Cramer, Benioff, Wiley, Agentforce Locations: San Francisco, Wyndham

☆ Our approach to the stock market heading into the Fed's big Wednesday decision
▼ + stars: | 2024-09-17 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

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. Muted session: U.S. stocks were flat Tuesday after the S & P 500 briefly made a new all-time high in the session. 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, hasn't, We're, Marc Benioff, Mills, Jerome Powell, Jim Cramer's, Jim, Kevin Mohatt Organizations: CNBC, Procter, Procter & Gamble, Jim Cramer's Charitable, U.S . Federal, Federal, Committee Locations: Procter &, San Francisco, Washington , U.S

☆ Russia goes all-out with covert disinformation aimed at Harris, Microsoft report says
▼ + stars: | 2024-09-17 | by ( ) www.cnbc.com time to read: +3 min

Immediately after the video was posted on Sept. 2, social media users pointed out reasons to be wary. The caution was warranted, according to a new Microsoft threat intelligence report, which confirms the fabricated tale was disinformation from a Russia-linked troll farm. The report builds on previous concerns the U.S. has had about Russian interference in the upcoming election. Notably, some of the recent examples cited in the Microsoft report received significant social media engagement from unwitting Americans who shared the fake stories with outrage. "As the election approaches, people get more heated," Clint Watts, general manager of the Microsoft Threat Analysis Center said in an interview.

Persons: Kamala Harris, Francisco's, Joe Biden, Harris, Biden, Clint Watts Organizations: Democratic, Kremlin, Microsoft Locations: San Francisco, Russia, Russian, U.S

☆ Drinking 1 to 3 cups of coffee a day may protect heart health
▼ + stars: | 2024-09-17 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +5 min

“Coffee and caffeine consumption may play an important protective role in almost all phases of CM development,” Ke said. What researchers don’t knowThe methodology is strong and the results line up with existing data about caffeine and heart health, but there are still questions about the extent of the connection between caffeine and heart health, Marcus said. Because the study is observational, it can only show a connection between caffeine and heart health, he said. Other factors may actually be the cause of the improved heart health, he added. And contrary to popular wisdom, drinking caffeine in coffee is associated with experiencing a lower risk of abnormal heart rhythms, he added, pointing to his and others’ research.

Persons: Chaofu Ke, Cardiometabolic, ” Ke, Ke, Gregory Marcus, ” Marcus, Marcus, ” Organizations: CNN, Soochow University, Metabolism, University of California Locations: Suzhou, China, San Francisco

☆ Pizza Hut will print job seekers' resumes on pizza boxes and deliver to employers in 'the toughest job market'
▼ + stars: | 2024-09-17 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

Your next Pizza Hut delivery may come with a side order of employment. "Who could possibly ignore a resume when it is delivered as a delicious pizza?" Pizza Hut will then review the submissions and select 25 winners whose resumes will "be hand delivered via custom Pizza Hut ResZAme pizza box to their desired employers." If selected, applicants will be responsible for getting permission from their chosen company to deliver the pizza box resume. While Pizza Hut can't guarantee that the hot and cheesy resume will work, pizza has in the past been shown to be an attention grabber.

Persons: Pizza, Melissa Friebe, Friebe, Matthew Parkhurst, Parkhurst, There's Organizations: CNBC Locations: New York City, Pizza, New York, San Francisco and New York

☆ NFL Power Rankings Week 3: Cowboys, Ravens in trouble? Are Saints, Vikings for real?
▼ + stars: | 2024-09-17 | by ( Josh Kendall | ) www.nytimes.com time to read: +24 min

It’s Week 3 of the NFL Power Rankings, and Tennessee Titans coach Brian Callahan speaks for all of us. ETGO DEEPER NFL Week 2 takeaways: What Chiefs' latest survival shows, Ravens problems, Saints thrivingLast week: 3Thursday: Beat Miami Dolphins 31-10Week 1 was the Josh Allen Show — four touchdowns and 279 combined passing and rushing yards. Dallas Cowboys (1-1)Last week: 7Sunday: Lost to New Orleans Saints 44-19The roller-coaster ride of being a Cowboys fan never ends, does it? That’s been enough because the defense hasn’t allowed either opponent to top 90 yards rushing. Look for a heavy dose of De’Von Achane, who had 96 rushing yards and 69 receiving yards against the Bills, as long as he’s healthy.

Persons: Brian Callahan, Malik Willis, Wanya Morris, Travis Kelce, Morris, Kelce, Patrick Mahomes, He’s, Tom Brady, Roger Staubach, Josh Allen, Allen, BetMGM, Alvin Kamara, Sam Darnold's, shouldn’t, C.J ., Chris Godwin, Nic Antaya, Quarterback Baker Mayfield, Aidan Hutchinson, Khalil Mack’s, Jared Goff, Randy Moss, Justin Jefferson, Jefferson, Sam Darnold, it’s, Darnold, Brock Purdy, Deebo Samuel, Jordan Mason, Christian McCaffrey, San Francisco, Steve Young quarterbacked, Dobbins, Jim Harbaugh, DK Metcalf, Jaxon Smith, Kenneth Walker III, Walker, Geno Smith, Saquon Barkley hadn’t, Kirk Cousins, Josh Jacobs, Jordan Love, Dak, Dallas, CeeDee Lamb, Dallas pic.twitter.com, 2JC9Sidf35 —, Kyler Murray, Marvin Harrison Jr, Murray’s, enver B, ike T, aron R odgers, odgers, amar, ackson,, asser, orth, hase, rong, alf, eason, ong, olk, J r., roy T aormina, ike, ating, ake, ackers, hird, own., aguars, rian C, ade, ade Y ork, enver B roncos, hinks., iants, enver, ince, rian D Organizations: NFL, Tennessee Titans, National Football League, Vikings, 49ers, Raiders, Ravens, Buccaneers, Lions, Packers, Colts, New, New Orleans Saints, Cowboys, Bengals, Rams, Chargers, Saints, Seahawks, Beat Cincinnati Bengals, Kansas City, Chiefs, Falcons, Beat Miami Dolphins, Bills, Dolphins, Jaguars, Beat Dallas Cowboys, New Orleans ’, Philadelphia Eagles, Sam Darnold's Vikings, Beat Chicago Bears, Texans, Bears, Houston, Four Texans, Minnesota Vikings, Bucs, Tampa Bay Buccaneers, Beat Detroit Lions, Tampa Bay, Detroit, Denver Broncos, Detroit Lions, Arizona Cardinals, San Francisco 49ers, Houston Texans, Niners, Los Angeles Rams, Los Angeles Chargers, Beat Carolina Panthers, Panthers, Steelers, Pittsburgh Steelers, Seattle Seahawks, New England Patriots, Seattle, Miami Dolphins, Atlanta Falcons, Eagles, Green Bay Packers, Beat Indianapolis, Sunday, Green Bay, Dallas Cowboys, Cleveland, Dallas, Baltimore Ravens, T, 2JC9Sidf35 — Dallas Texas TV, MURRAY, FC, ards, ashington, eads, ams, ust, alton Locations: New Orleans, Buffalo, C.J, C.J . Stroud, Detroit, Tampa, San, Minnesota, J.K, Seattle, ards, ife, verall,

☆ Jane's Addiction cancels tour after Perry Farrell, Dave Navarro fight
▼ + stars: | 2024-09-16 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +15 min

The remainder of the reunion tour by the original lineup of Jane’s Addiction, the group’s first in 14 years, has been canceled. At that point, Farrell was seen throwing a punch at Navarro, though it wasn’t clear from the footage whether it really landed. While Dave was keeping Perry at arm’s length to de-escalate the situation, Dan rushed over to de-escalate as well by holding Perry back. Farrell sang well, Perkins crushed it behind the kit, Navarro shredded and Avery anchored the band with his steady work on bass. … However, when it came to singing the songs, Farrell nailed most of them.”The tour by Jane’s Addiction was a co-headlining one shared with another veteran ’80s/’90s band, Love & Rockets.

Persons: Dave Navarro, Perry Farrell‘s, Farrell, ”, Navarro, Eric Avery, “, Perry Farrell, ” Navarro, Dave, Eric, Stephen, Perkins, Etty Lau Farrell, Avery, who’ve, —, hasn’t, Avery overreacted, Etty, Perry, cussing, ” Etty, Dan, Kevin, Eric nonchalant, “ Dave, “ Farrell, ” Farrell, JamBase, ’, Jane’s Organizations: Live Nation, Rockets, YouTube, Boston’s, Bank, Tampa, “, Jane’s, Hartford Healthcare, WI, Huntsville, South Star, UT, Sandy, WA, Veterans Memorial, Sierra, Sun, San Francisco , CA Locations: Bridgeport , Toronto, Rochester Hills, Milwaukee, Chicago, Indianapolis, Huntsville, St, Louis, Denver, Sandy, Seattle, Portland, Reno, San Francisco, Los Angeles, L.A, Connecticut, Boston, upstage, Florida, New York City, New York, Las Vegas, Bridgeport, CT, Hartford, Toronto, MI, White, — Reno, San Francisco ,, Los Angeles ,

☆ FBI investigates suspect in apparent Trump assassination attempt and historic Emmy night for 'Shōgun': Morning Rundown
▼ + stars: | 2024-09-16 | by ( Elizabeth Both | Elizabeth Both Is An Associate Platforms Editor For Nbc News | Based In New York. | ) www.nbcnews.com time to read: +9 min

The FBI investigates the attempted assassination of Donald Trump at his Florida golf club. The speaker’s initial strategy had called for a six-month continuing resolution tied to the SAVE Act, legislation backed by Donald Trump requiring proof of citizenship to vote. It won for best drama series, Hiroyuki Sanada won for best actor in a drama, and Anna Sawai took best actress. Richard Gadd won for best actor in a limited or anthology series or movie, and Jessica Gunning won best supporting actress in a limited or anthology series or movie. “We feel violated.”— Julie Shapiro, managing editor, enterprisePolitics in BriefSpringfield visit: Former President Donald Trump plans to visit Springfield, Ohio, the site of his baseless claims about Haitian immigrants, a source familiar with the planning said.

Persons: Donald Trump, Trump, Eric Thayer, Donald Trump’s, Ryan Wesley Routh, Steven Cheung, Kamala Harris, Mike Johnson, “, ”, Tierney, Johnson, Christopher Polk, “ Shōgun, Hiroyuki Sanada, Anna Sawai, “ Shōgun ”, Jeremy Allen White, Liza Colón, Zayas, Ebon Moss, Bachrach, Christopher Storer, Richard Gadd, Jessica Gunning, NFL Kevin Sabitus, Greg Rosenstein, Vic, Mel l, lea, stu Organizations: FBI, House Republicans, Bloomberg, Getty, Service, NBC News, Secret Service, Trump, Mar, GOP, Getty Images House Republicans, SAVE, Variety, Creative Arts, NFL, AFC, NBC, Uni Locations: Florida, Pennsylvania, West Palm Beach , Florida, Japan, Fra, abo

☆ The Chiefs remain the Chiefs, Vikings and Bucs pull upsets and more from Week 2 of the NFL season
▼ + stars: | 2024-09-16 | by ( Rohan Nadkarni | Rohan Nadkarni Is A Sports Reporter For Nbc News. | ) www.nbcnews.com time to read: +4 min

Week 2 of the NFL gave us some shocking upsets, an AFC thriller and some spectacular individual performances. That allowed the Chiefs to stay within a field goal — as did Cincinnati’s offensive struggles. After a Mahomes interception, Bengals quarterback Joe Burrow was strip-sacked, and the fumble was recovered for a score on the next possession. Is the Saints’ offense really this good? The Saints scored touchdowns on five straight possessions to open the game, sandwiching long drives around explosive plays.

Persons: Harrison, Ja'Marr Chase, Patrick Mahomes, Joe Burrow, Alvin Kamara, What’s, Derek Carr, J.J . McCarthy, Sam Darnold, Justin Jefferson, Christian McCaffrey, San, Brock Purdy, Baker Mayfield, Jared Goff, Goff, Deshaun Watson, Trevor Lawrence didn’t Organizations: NFL, AFC, Chiefs, Kansas City Chiefs, Cincinnati Bengals, Kansas, Bengals, Kansas City, Saints, Carolina Panthers, New, New Orleans Saints, Dallas Cowboys, Panthers, Cowboys, Cleveland Browns, Vikings, Minnesota Vikings, San Francisco 49ers, Minnesota, 49ers, San Francisco, Buccaneers, Tampa Bay Buccaneers, Lions, Tampa, Jaguars, Browns, Jacksonville Jaguars, Cleveland, Jacksonville Locations: New Orleans, Detroit, Mayfield, Tampa, Tampa Bay

☆ Larry Ellison becomes world's second-richest man, dethroning Jeff Bezos as Oracle stock surges
▼ + stars: | 2024-09-16 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. Oracle shares surged more than 6% on Monday, continuing their recently rally and propelling Chairman Larry Ellison to become the world's second-richest person, snatching the title from Amazon founder Jeff Bezos. Bezos, who had been the second-richest person on and off since 2016, is worth $202 billion. The stock surge caused Ellison to briefly pass Bezos as the world's second-richest person on Friday, before the Amazon founder reclaimed the title. Oracle said last week that it would partner with Amazon's cloud computing unit to enable its database services on dedicated hardware.

Persons: Larry Ellison, Jeff Bezos, Forbes, Elon Musk, Ellison, Bezos, Oracle, — CNBC's Jordan Novet, Ari Levy Organizations: Oracle Corp, Oracle, Amazon, Microsoft, Google Locations: San Francisco

☆ CNBC TechCheck Evening Edition: September 16, 2024
▼ + stars: | 2024-09-16 | 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 EmailCNBC TechCheck Evening Edition: September 16, 2024CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.

Persons: TechCheck Organizations: CNBC Locations: San Francisco

☆ Charter rolls out new Spectrum pricing and internet speeds, aims to 'be a better service operator'
▼ + stars: | 2024-09-16 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +7 min

In addition, Spectrum pledged to give customers automatic credits for internet outages that are out of their control or when the company's customer service doesn't live up to its promises. That's in part because broadband customer growth at providers including Charter and Comcast has struggled, according to the companies' earnings reports. Spectrum Mobile has 8.8 million total lines and has grown rapidly due to enticing promotional deals and increased mobile usage on reliable Wi-Fi networks, the company said. "When I think about Wall Street, I think about the customer," Winfrey said. "If you focus on the customer, provide great customer service, save them money, provide value, then your capital market strategy, your regulatory strategy, all of that just falls into place."

Persons: Christopher L, Winfrey, Chris Winfrey, —, Spectrum, Tom Rutledge, we've, there's, Craig Moffett, Moffett, Robin Alam Organizations: Charter Communications, Communications Charter Communications, CNBC, Spectrum, Time Warner Cable, Bright House Networks, Charter, Comcast, Verizon, Spectrum Mobile, ESPN, Night, San Francisco 49ers, Baltimore Ravens, Getty Locations: U.S, MoffettNathanson, Santa Clara , California

☆ David Lin: An American pastor held in a Chinese jail for nearly two decades is finally home
▼ + stars: | 2024-09-16 | by ( Jennifer Hansler | Nectar Gan | ) edition.cnn.com time to read: +3 min

David Lin, 68, was detained in China in 2006 after helping to construct an unapproved church building. Lin was one of three Americans deemed by the US State Department to have been wrongfully detained in China. “We welcome David Lin’s release from prison in the People’s Republic of China,” a spokesperson for the US State Department said in a statement Sunday. While in prison, Lin received several sentence reductions and was scheduled to be released in 2029, according to the Dui Hua Foundation. “I am extremely glad to hear David Lin was freed,” Rep. Michael McCaul said Sunday in a statement on social media.

Persons: Biden, David Lin, Lin, Kai Li, Mark Swidan, David Lin’s, ”, Antony Blinken, Jake Sullivan, Joe Biden, Xi Jinping, “, Michael McCaul, — Organizations: CNN, State Department, US State Department, National Security, Communist Party, Hua Foundation Locations: United States, Beijing, China, People’s Republic of China, San Fransisco, US, San Francisco

☆ Crypto spending on 2024 election hits $190 million, led by Winklevoss twins
▼ + stars: | 2024-09-16 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +6 min

The Winklevoss twins, Coinbase and Ripple didn't immediately respond to requests for comment. Huge jump from 2020Delmore, who has been assembling reports on crypto donations in the 2024 election for blockchain analytics platform Breadcrumbs, told CNBC that industry spending is nearly double where it was in the mid-terms — more than $190 million in the 2024 election versus $98 million in the 2022 election. It's nearly 13 times spending in 2020 of $15 million — a figure based on a mix of data from FEC and OpenSecrets filings. Unlike the past two election cycles, which featured spending from the now-bankrupt crypto exchange FTX and founder Sam Bankman-Fried, this year's contributor list is more robust and diverse. "Most of the crypto donations in 2022 were from FTX and SBF and almost all of them went to Democrats or PACs that support Democrats," Delmore said.

Persons: Tyler Winklevoss, Cameron Winklevoss, Joe Raedle, Cameron, James Delmore, Donald Trump, Chris Larsen, Brad Garlinghouse, Ro Khanna, John Deaton, Democratic Sen, Elizabeth Warren, Stuart Alderoty, Alderoty, Ripple, David Sacks, Trump, Gary Gensler, Gensler, Harris, Biden, Delmore, It's, Sam Bankman, Fried, Andreessen Horowitz, Coinbase, Coinbase's Organizations: Gemini, Mana Convention, Getty, CNBC, Trump, Republican, Trump America PAC, Fairshake PAC, Labs, Democratic, SEC, San, FEC, Citizen, Fairshake, Bloomberg, Crypto Alliance, DC Locations: Wynwood, Miami , Florida, bitcoin, Massachusetts, San Francisco, FTX

☆ Nvidia shares climbed nearly 16% last week — read the latest from CNBC Pro here
▼ + stars: | 2024-09-16 | by ( Katrina Bishop | ) www.cnbc.com time to read: +1 min

Nvidia stock got a boost last week as investors cheered comments by CEO Jensen Huang about the company's new AI chip rollout. Blackwell — Nvidia's next-generation processor — is a key focus for Wall Street amid some delays. This — and some other concerns — have hit the company's share price in recent weeks. Shares of the firm rallied 8% last Wednesday and rose nearly 16% over the week. In case you missed it, here's a round-up of all the top analyst calls and more over the past week:

Persons: Jensen Huang, Blackwell — Nvidia's, Huang, Goldman Sachs, ramping Blackwell Organizations: Technology Conference, Nasdaq, Nvidia Locations: San Francisco

☆ 49ers' Christian McCaffrey is placed on injured reserve
▼ + stars: | 2024-09-15 | by ( The Associated Press | ) www.nbcnews.com time to read: +2 min

SANTA CLARA, Calif. — The San Francisco 49ers placed All-Pro running back Christian McCaffrey on injured reserve because of his lingering calf and Achilles tendon injuries. The move made Saturday means McCaffrey will miss at least four more games after already sitting out the season opener. He missed only one game combined in 2022-23 — a meaningless Week 18 game last season for San Francisco when he had a sore calf. Now San Francisco will likely rely heavily on Mason, a former undrafted free agent out of Georgia Tech who had 83 carries his first two seasons. San Francisco also elevated safety Tracy Walker III from the practice squad for Sunday’s game against Minnesota.

Persons: Christian McCaffrey, McCaffrey, Jordan Mason, Mason, Frank Gore, Isaac Guerendo, Patrick Taylor Jr, Guerendo, Taylor, Tracy Walker III Organizations: San Francisco 49ers, Jets, NFL, Niners, New York Jets, Minnesota, Carolina, San, Georgia Tech, 49ers, Seattle, Green Bay Locations: SANTA CLARA, Calif, Seattle, San Francisco’s, San Francisco, Francisco, Green

The Saints, one week after blowing out the lowly Carolina Panthers, did the same in Dallas to the high-flying Cowboys. The Ravens were in control for most of the game and then Davante Adams and Brock Bowers took over. The Ravens aren’t built to win when their defense softens — but that isn’t to say they won’t find ways to play the kind of defense the Ravens are known for. Meanwhile, the Saints’ defense denied the Cowboys on all three trips inside the red zone and recorded two takeaways. He made some strong in-structure throws, including a beauty to Noah Brown in the middle of the field late in the game to win the game.

Persons: Aaron Rodgers, It’s, Mike Jones, Ted Nguyen, Dan Pompei, Mike Macdonald’s, Gardner Minshew, Jones, Macdonald, Anthony Weaver, Dennard Wilson, Patrick Queen, Jadeveon, Zach Orr, Davante Adams, Brock Bowers, Justin Tucker, they’re, Clooney, MacDonald, Derrick Henry, he’s, Brandon Stephens, Adams, Mike, Baker Mayfield, Tom Brady, I’m, Last, Derek Carr, Klint Kubiak, Carr, Vita Vea’s, Mike Evans, Chris Godwin, Goff, they’ve, Nguyen, Brian Flores, Brock Purdy, Purdy, Christian McCaffrey, Brandon Aiyuk, Jordan Mason, McCaffrey, Mason, Deebo Samuel, George Kittle, Kyle Shanahan, Trent Williams, Purdy wasn’t, Sam Darnold, Caleb Williams ’, Jayden Daniels, Kliff Kingsbury, Daniels, Terry McLaurin, Noah Brown, Austin Seibert’s, it’s, Brandon Sloter Organizations: Raiders, Ravens, Bucs, Lions, Seahawks, Patriots, Jets, Carolina Panthers, Cowboys, Athletic NFL, Mike Macdonald’s Seahawks, Baltimore Ravens, Dolphins, Tennessee Titans, Buffalo Bills, Baltimore, Detroit, Tampa, Saints, NFC East, Eagles, Buccaneers, NFC, Dallas, 49ers, San, NFC West, Vikings, Giants, Daniels, Austin Locations: Baltimore, Detroit, Nashville, Dallas, Tampa, . New Orleans, New Orleans, Minnesota, San Francisco, Aiyuk, Washington

☆ Top NFL Week 2 storylines: Bengals-Chiefs next chapter; C.J. Stroud, Caleb Williams on SNF
▼ + stars: | 2024-09-15 | by ( Mike Jones | ) www.nytimes.com time to read: +11 min

The 16 teams that lost last week look to bounce back with performances that reflect improvement and promise. Rodgers completed 13 of 21 passes for 167 yards, a touchdown and an interception, and the Jets managed just 68 rushing yards. Stroud, the best quarterback from last year’s draft class, and Chicago’s Caleb Williams, the first pick of this year’s draft. Stroud continued to impress in Week 1, throwing for 234 yards, two touchdowns and no interceptions. After the game, Williams vowed, “I will be better.” Excelling against a talented Texans defense, however, could prove challenging.

Persons: what’s, Tua Tagovailoa, Aaron Rodgers, Rodgers, Will Levis, Malik Willis, Jordan Love, Green, Matt LaFleur, Willis, LaFleur, Love, Patrick Mahomes, Denny Medley, NFL schedulers, Joe Burrow, Mahomes, Burrow, Burrow's, Ja’Marr Chase, Tee Higgins, Higgins, Macdonald, Jerod Mayo, Bill Belichick, Mike Macdonald, Geno Smith, Jacoby Brissett, Smith, Baker Mayfield, Nathan Ray Seebeck, He’ll, Aidan Hutchinson, Jared Goff, Goff, Mayfield, Mike Evans, Derrick Barnes, Williams, Houston’s, Chicago’s Caleb Williams, Stroud, CJ Stroud, He’s, Jonathan Owens, Tyrique Stevenson, Williams didn’t, “, Kevin C, Cox Organizations: NFL, Buffalo, Bills, Dolphins, Falcons – Eagles, Cowboys, Bears, Texans, Jets, Tennessee Titans, Tennessee, Chicago Bears, Ravens, Packers, Bengals, Jaguars, Browns, Rams, Titans, 49ers, Eagles, Detroit Lions, NFC, Liberty University, Green, Indianapolis Colts, Lambeau, Colts, Chiefs, Sunday, AFC, Baltimore, Mayo, Patriots, Mayo’s Patriots, Macdonald’s Seahawks, Broncos, The Patriots, Seahawks, Bucs, Lions NFC, Lions, Buccaneers, Washington, Tampa, Stroud, AFC South, Indianapolis, Chicago Locations: Miami, Philadelphia, San Francisco, Brazil, Green, Mahomes, New England, Seattle, Baltimore, Mayo, Foxboro, USA, Tampa ., Detroit, Houston’s C.J, Stroud

☆ How I'm approaching the stock market after its wild reversal to start September
▼ + stars: | 2024-09-15 | by ( Jim Cramer | ) www.cnbc.com time to read: +7 min

The week before, Broadcom had allegedly disappointed, causing Nvidia , the inevitable key to this market, to continue its descent. Which brings me back to the initial concept of the big declining week followed by the big advancing week. A good week for Kamala Harris turns out to be a big week for Nextracker — and that's really it for now. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Larry Ellison, Ellison, Cerner, Ellison's, Eaton, Jensen, Bing, Microsoft's Bing, underinvesting, Huang, Blackwell, Dupont, Kamala Harris, Nextracker, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Nasdaq, Federal, Broadcom, Nvidia, Oracle, Marvell, Meta, Microsoft, Google, mightily, Street, Fed, Dreamforce, downer, Adobe, JPMorgan, Healthcare, pharma, Jim Cramer's Charitable, CNBC Locations: Silicon Valley, San Francisco

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