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☆ Harris faces historic challenge in running as a sitting VP: From the Politics Desk
▼ + stars: | 2024-10-15 | by ( The Politics Desk | ) www.nbcnews.com time to read: +13 min

In today’s edition, national political correspondent Steve Kornacki breaks down the historical challenges Kamala Harris faces running for president as a sitting VP. Harris faces historic challenge in running as a sitting VPBy Steve KornackiKamala Harris is the third presidential nominee in the last half-century to run as a sitting vice president. Measures like more Secret Service agents and bulletproof glass are now common on the campaign trail. Read more → 🔑 It all comes down to yinz: The Harris campaign believes its path to winning all-important Pennsylvania runs through the suburbs. Read more →The Harris campaign believes its path to winning all-important Pennsylvania runs through the suburbs.

Persons: Steve Kornacki, Kamala Harris, Michelle Obama hasn't, Harris, Hakeem Jeffries, Steve Kornacki Kamala Harris, Joe Biden’s, it’s, Biden, Donald Trump, Trump’s, VPs, Al Gore, George H.W, George H.W . Bush, Bill Clinton, Ronald Reagan, “, ”, ” Reagan, Bush, Michael Dukakis, Gore, Clinton, Hubert Humphrey, Lyndon Johnson, Johnson, Humphrey, Republican Richard Nixon —, they’d, Michelle Obama, Monica Alba, Carol E, Lee, Kristen Welker Barack Obama, Trump, ” Michelle Obama, Ali Vitali, Kyle Stewart ALBUQUERQUE, Democrats haven’t, “ we’ve, ” Jeffries, Jeffries, Nancy Pelosi speakership, Kevin McCarthy, Mike Johnson, ️, abou, l, ord, O Organizations: NBC, White House, Capitol, Democratic, White, ABC, Democratic Party, Republican, Biden, Democratic National Convention, Service, Democrats, NBC News, GOP, Republicans, aig Locations: George H.W ., midstream, Vietnam, N.M, D, Jeffries, New York, California

Rock guitarist Jake E. Lee was struck multiple times early Thursday in a Las Vegas street shooting, his management said in a statement. Officers responded to the shooting around 2:45 a.m. and found Lee with gunshot wounds, the Las Vegas Metropolitan Police Department said in a statement. His management said Lee is "fully conscious and doing well" in an intensive care unit and is expected to fully recover. Lee's management said Las Vegas authorities believe the street shooting was "completely random" and took place when Lee was walking his dog early Thursday. Lee spent time performing alongside Ozzy Osbourne in the 80s and then performed with the heavy-metal group Badlands.

Persons: Jake E, Lee, Ozzy Osbourne Organizations: Las Vegas Metropolitan Police Department, Las, Dragon Locations: Las, Las Vegas

Yet the Democratic superstar many members of the party would like to see helping Harris has been absent from the campaign trail so far. She is expected to play a role in the “closing arguments” for the Democratic campaign, three of those people said. Michelle Obama has the unique appeal of being the most popular Democratic surrogate, in part because she has never run for elected office. Michelle Obama has been open about her disdain for partisan politics, despite some in both parties speculating about her running for office in the future. “Michelle Obama is asking you — no, I’m telling y’all—to do something.”

Persons: WASHINGTON, Barack Obama, Kamala Harris, Bill Clinton, Harris, Michelle Obama, Donald Trump, Trump, ”, ” Michelle Obama, “, ” Michelle Obama’s, Obama, Anthony Guglielmi, — Hillary Clinton —, He’s, Clinton, — we’ve, “ Michelle Obama, y’all — Organizations: Democratic, Democratic National Convention, Service, Secret, Trump, Capitol Locations: Washington, Oakland , Pennsylvania, chuckles, Pennsylvania, Tucson, Las Vegas, Georgia, North Carolina, America

☆ That old Photobucket account you haven't touched in years could soon be licensed to train AI
▼ + stars: | 2024-10-15 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +7 min

If you have an old Photobucket account you haven't touched in a while, you'll need to reactivate it to opt out of any licensing deals by setting your account to "private." Related storiesSitting on a possible AI-training goldmineUnlike other mid-2000s photo-hosting peers like Flickr or Webshots, Photobucket hasn't deleted people's old photos. Those old images that Photobucket has been storing for all these years — things people uploaded in 2005 and forgot about — are still there. AdvertisementI have an old Photobucket account from around 2007 that I used for hosting images for an old blog. Presumably, there are plenty of people like me with an old Photobucket account, largely forgotten — maybe abandoned because we moved the photos somewhere else or simply didn't care.

Persons: Photobucket, —, Ted Leonard, it's, Leonard, Leonard didn't, Photobucket Photobucket, Meta, OpenAI, I've Organizations: Service, Myspace, Business, News Corp, soccer, Flickr, Yahoo Locations: Denver

☆ I drove an $84,000 Mercedes-Benz Cabriolet to see if lives up to the brand's legacy of iconic convertibles
▼ + stars: | 2024-10-15 | by ( Benjamin Zhang | ) www.businessinsider.com time to read: +1 min

The all-new 2024 Mercedes-Benz CLE Cabriolet replaces the defunct C-Class and E-Class convertibles. Go to newsletter preferences Thanks for signing up! The Germany-based automaker has remained committed to convertibles, offering them on variants of its C-Class, E-Class, S-Class, and AMG-GT supercar in addition to the SL Roadster in recent years. This year, Mercedes-Benz consolidated its convertible lineup to just two models, the CLE and SL. The four-seat CLE Cabriolet, which combines the former C-Class and E-Class convertibles, is all-new for 2024.

Persons: — Organizations: Benz, Service, SL Locations: Germany

☆ 5 lifestyle habits that can help you live to 100, according to leading longevity researchers
▼ + stars: | 2024-10-15 | by ( Renée Onque | ) www.cnbc.com time to read: +6 min

For nearly two years, I've been reporting on longevity and the lifestyle choices that seem to help people live longer. There is steady interest — from everyday people to researchers alike — in what it takes to live a long, healthy life. In blue zones, the physical activity is a lot less vigorous, but centenarians still move daily, Buettner said in his Netflix documentary, "Live to 100: Secrets of the Blue Zones." 1 thing that can help you live a longer, happier life, according to an 86-year Harvard study that's still ongoing. "Having the right friends, that is the biggest secret to help these people in Blue Zones do the right things and avoid the wrong things."

Persons: I've, Valter Longo who's, Longo, Dan Buettner, centenarians, Buettner, Dan Harris, Arthur C, Brooks, it's, Marc Schulz, Dr, Robert Waldinger, Ikigai, George E . Vaillant Organizations: CNBC, Netflix, Harvard, Development, Harvard Gazette Locations: England, Okinawa, Japan

☆ Goldman downgrades Etsy to sell, says it expects market share losses to continue
▼ + stars: | 2024-10-15 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

A number of negative catalysts are set to drive shares of Etsy lower, according to Goldman Sachs. Analyst Eric Sheridan downgraded the e-commerce stock to sell from neutral and slashed his price target by $25 to $45, which implies more than 9% downside from Monday's close. ETSY YTD mountain ETSY, year-to-date With that, Sheridan thinks that Etsy will continue to lose market share in the years to come, seeing low-single-digit buyer growth over time. "On net, we believe that the analysis points to a lower likelihood of ETSY meaningfully compounding GMS above long-term Street estimates." Specifically, he believes that margins could be pressured if Etsy "leans further into investments to stimulate growth."

Persons: Goldman Sachs, Eric Sheridan, Sheridan, Etsy, it'll Locations: HundredX

The vast majority of analysts surveyed by FactSet hold a strong buy or buy rating on the stock. Despite its recent slowdown, analysts surveyed by FactSet have a consensus buy rating on the dominant e-commerce platform. Bullish voices on the stock include Goldman Sachs analyst Eric Sheridan, who recently reiterated a buy rating and $230 price target. JPMorgan's Anmuth is similarly positive on Amazon ahead of earnings, rating the stock overweight and saying it remains the favorite in the bank's firm's internet sector coverage. The consensus FactSet rating on Meta is buy, with an average price target of $604, suggesting just 2.3% potential upside.

Persons: Roundhill, —, selloff, Goldman Sachs, Kash Rangan, Nvidia's Blackwell, Brad Zelnick, Amit Daryanani, Daryanani, Apple's wearables, qtr, Tim Cook's, you'd, Morgan Stanley, Jensen, Blackwell, Biden, Tesla, enthusiam, Elon, Wells, Colin Langan, Department's, Doug Anmuth, Bank of America's Justin Post, Eric Sheridan, Sheridan, Goldman, Anmuth, Baird, Roth MKM, JPMorgan's Anmuth, Goldman's Sheridan, Meta's, — CNBC's Michael Bloom Organizations: Apple, Microsoft, Nvidia, Tesla, CNBC, Windows, Investment, Deutsche Bank, Justice Department, Blackwell, Bloomberg, Ford, General Motors, EV, Google, FactSet, Bank of America's, ISI, Walmart, Costco, eBay, Meta, Ray, Labs, Facebook, Temu, Goldman Locations: China, FactSet, ., Downside, U.S, Wells Fargo, American, Meta's Asia, Pacific

☆ Allocators that crowded into the biggest hedge funds are worried about these managers crowding into the same trades
▼ + stars: | 2024-10-15 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +3 min

The biggest worry for allocators to hedge funds is crowding, according to a new Bank of America survey. AdvertisementAllocators are growing more worried about crowding at hedge funds. The survey — which spoke to 160 allocators with roughly $680 billion invested in around 4,300 hedge funds globally — found that the biggest hedge fund managers in the industry are still gobbling assets and market share despite their investors bickering about costs. This flavor of hedge fund brought in $10 billion in net flows in 2024's first six months, and the average multimanager firm runs $1.7 billion. Despite this, allocators, paradoxically, have grown even more concerned about crowding risks in their hedge fund portfolios.

Persons: — Organizations: Bank of America, Service, Citadel

☆ A second Sphere venue announced, this one for Abu Dhabi
▼ + stars: | 2024-10-15 | by ( Marnie Hunter | ) edition.cnn.com time to read: +2 min

Abu Dhabi is set to become the next location to showcase multimedia entertainment in the unique spherical structure, the Sphere Entertainment Co. and Abu Dhabi tourism officials announced on Tuesday. The planned venue aligns with the capital of the United Arab Emirates’ Tourism Strategy 2030 aimed at “further establishing Abu Dhabi as a vibrant hub for culture and innovation,” said H.E. Mohamed Khalifa Al Mubarak, chairman of the Department of Culture and Tourism Abu Dhabi, in a news release. The partnership for the second installment, between Abu Dhabi tourism officials and Sphere Entertainment, is “subject to finalization of definitive agreements,” the news release said. It would involve a “franchise initiation fee” paid to Sphere Entertainment for the right to build the venue.

Persons: ”, Mohamed Khalifa Al Mubarak, we’re, ” Al Mubarak, CNN’s Brandon Griggs Organizations: CNN, Sphere Entertainment, United, Department of Culture, Abu Dhabi’s Department of Culture, Tourism Locations: Abu Dhabi, United Arab Emirates, Tourism Abu Dhabi, Las Vegas, Vegas

Iowa high school senior Miranda Estrada is a star student, a trumpet player and a drum major for the school’s marching band. At her high school in Denison, Latinos made up 68% of the student body in the 2022-2023 school year. That number is reflective of the city at large, whose Latino community has been growing for years and finally feels represented in the halls of Denison High School. The Denison High School mariachi band performs at a football game. I feel happy to be in mariachi Reyes del Oeste,” said Estrada.

Persons: Miranda Estrada, She's, ”, Estrada, Reyes, Ruben Newell, I’d, Newell, ” Newell, Janet Castillo, ’ ”, Castillo, “, “ Reyes, Maite Arreola, Trajes, “ We’re, Reyes del, Denison Organizations: Reyes del Oeste, Denison High School, NBC, “ Reyes del Oeste, Denison, Fiesta Mariachi Locations: Iowa, del Oeste, “, United States, Mexico, Reyes del, Denison, “ Reyes del, Reyes del Oeste, Oeste

☆ Where Speaker Johnson sees the GOP's path to victory: From the Politics Desk
▼ + stars: | 2024-10-14 | by ( The Politics Desk | ) www.nbcnews.com time to read: +5 min

In today’s edition, senior congressional reporter Scott Wong sits down with House Speaker Mike Johnson as he barnstorms the country in support of congressional Republican candidates. Plus, senior political editor Mark Murray breaks down our latest NBC News poll, which shows how President Joe Biden is serving as a drag on Vice President Kamala Harris. I think a record number of Black and African American voters, Jewish voters, union voters. The majority could be won or lost in either of those two states, given how closely divided the House is. If you have feedback — likes or dislikes — email us at politicsnewsletter@nbcuni.comAnd if you’re a fan, please share with everyone and anyone.

Persons: Scott Wong, Mike Johnson, Mark Murray, Joe Biden, Kamala Harris, Johnson, Scott Wong HELLERTOWN, —, ” Johnson, “, I’m, ”, Donald Trump, Trump, he’ll, Read, Scott →, Biden, Harris, they’ve, — Harris, Jeff Horwitt, Bill McInturff, Biden —, she’s, ’ Monica Alba, Carol E, Lee Organizations: NBC, White House, Capitol, Republican, Republicans, NBC News, White, GOP, African American, Jewish, “, Democratic, Biden, Biden —, ’ Locations: Pa, Hellertown, Pennsylvania, California, New York

☆ SuperLimbs: Wearable robotic limbs could help astronauts recover from falls
▼ + stars: | 2024-10-14 | by ( Amy Gunia | ) edition.cnn.com time to read: +11 min

That includes researchers at the Massachusetts Institute of Technology (MIT), who are developing a set of wearable robotic limbs to help astronauts recover from falls. When the wearer falls over, an extra pair of limbs can extend out to provide leverage to help them stand, conserving energy for other tasks. The study found that falls were more common when, like Duke, astronauts were collecting samples or using tools – tasks that Artemis astronauts are likely to undertake. Kim Shiflett/NASA NASA astronaut Eric Boe wears Boeing's new spacesuit designed for astronauts who will fly on the CST-100 Starliner. Ballesteros plans to spend the next few years of his PhD using a “Swiss Army Knife technique” to turn SuperLimbs into a system for astronauts that can “address different important use cases, but all be one unified design.”SuperLimbs could help astronauts recover from falls, move efficiently, and do work.

Persons: haven’t, Artemis, Charlie Duke, Duke, Walter M, Schirra Jr, Donald K, Slayton, John H, Glenn Jr, Scott Carpenter, Alan B, Shepard Jr, Virgil I, Grissom, Gordon Cooper Jr, John W, Michael Collins, Edwin E, Aldrin Jr, Buzz Aldrin, Neil A, Armstrong, Aldrin, Joe Engle, Richard Truly, John Young, Bruce McCandless, McCandless, Robert L, Stewart, Michael J, McCulley, Franklin R, Chang, Diaz, Ellen S, Baker, Shannon W, Donald E, Williams, Michael Fincke, Yury Lonchakov, Kennedy, Center's Neil A, Jessica Watkins, Bob Hines, Kjell Lindgren, Samantha Cristoforetti, Kim Shiflett, Eric Boe, Boeing Dustin Gohmert, NASA's, Joel Kowsky, NASA Kristine Davis, SuperLimbs, Harry Asada, Erik Ballesteros, Ballesteros, it’ll, ”, Jonathan Clark, ” Ballesteros, Ana Diaz Artiles, Kalind Carpenter, Preston Rogers, Mirza Samnani Organizations: CNN, Massachusetts Institute of Technology, MIT, University of Michigan, National Aeronautics and Space Administration, NASA, Mercury, Command, NASA Space Shuttle, Challenger, NASA's, NASA NASA, Russian Sokol, International Space, SpaceX, Armstrong Operations, Boeing, Orion, Space, Space Center, Extravehicular Mobility, UPI, Jet Propulsion, SuperLimbs, Neurology, Space Medicine, Baylor College of Medicine, Texas, Swiss Locations: Tranquility, Russian, Washington ,, Washington, Japan, Mars . China

☆ An options trade on a Boeing supplier that could get dragged down by its customer's woes
▼ + stars: | 2024-10-14 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

Howmet also produces parts used in gas turbines (power generation) and precision castings, fasteners, and other components for automotive applications. Over the past few years, Howmet has grown revenues, net income, and free cash flow considerably faster than the economy's overall growth. About 5.7% of Howmet's revenue comes from Boeing , which is greater than 4.6% of its revenues from Airbus. However, some of the company's revenues are derived indirectly from jet engine manufacturers General Electric, 12% of revenues, and Rolls-Royce, which represents 5.34%. Over the past five years, Howmet shares have appreciated by 370%, outperforming the S & P by more than 260% and the industrials index by about 280%.

Persons: Howmet Organizations: Howmet Aerospace, Aerospace, Boeing, Airbus, Electric, Royce, CNBC, NBC UNIVERSAL

☆ Khloe Kardashian shares candid look at her healing progress after having tumor removed from her cheek
▼ + stars: | 2024-10-14 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +1 min

CNN —Khloe Kardashian continues to open up about her health journey after dealing with skin cancer, revealing recently that she used facial injections to fill a cheek “indentation” that she was left with after surgery. Kardashian underwent surgery to remove a cancerous tumor from her face in 2022. The surgery left Kardashian with an indent on her cheek, photos of which she recently shared on her Snapchat page in since-expired posts, according to E! “As a result of the surgery, and the tumor my incredible doctor removed, I ended up with an indentation in the side of my face,” Kardashian wrote. Kardashian showcased undated photos of her face that highlighted the indent prior to getting the injections, as well as photos of what her face looked like afterward.

Persons: CNN — Khloe Kardashian, Kardashian, ” Kardashian, she’d, hadn’t, ” Organizations: CNN, Good American

☆ Jim Cramer expects Nvidia-led chip rally to continue as bull market enters third year
▼ + stars: | 2024-10-14 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +3 min

CNBC's Jim Cramer on Monday marked the two-year anniversary of the current bull market with an ode to Nvidia and the U.S. semiconductor industry. "We have a remarkable semiconductor rally, and it is at the heart of this market," Cramer said on "Squawk on the Street." Broadcom helps tech heavyweights, most notably Alphabet-owned Google , design specialty AI chips and also provides other products used inside data centers. NVDA .SPX mountain 2022-10-12 Nvidia's stock performance compared with the S & P 500 during the two-year bull market, which began on Oct. 12, 2022. "Amazon is the company that Jensen kept referencing to me as a great friend," said Cramer, whose Trust also owns Amazon stock.

Persons: CNBC's Jim Cramer, Cramer, Dell, Jensen Huang, Jensen Organizations: Nvidia, Micro Computer, Broadcom, Cramer's Charitable Trust, CNBC, Club, Micro, Arista Networks, Dell Technologies, Arista, Facebook, Meta, Amazon Web Locations: U.S, Cramer's

Springfield, Ohio CNN —It’s just past 4am. To lose them would be a blow to his business, he told CNN. They’re ready to give birth in probably the next couple hours, and they’ve never had a single prenatal visit,” Cook told CNN. Haitians sit down to eat their meal at a Haitian restaurant in Springfield, Ohio, on September 12, 2024. That’s tough,” Heck told CNN.

Persons: Springfield , Ohio CNN — It’s, Daniel Aula, he’s, Aula, wasn’t, “, ”, Donald Trump, Ohio Sen, JD Vance —, Trump, Vance, He’s, Ross McGregor, McGregor, ” McGregor, they’d, “ We’ve, Bryan Heck, Springfield Mayor Rob Rue, we’ve, Chris Cook, “ You’ve, they’ve, ” Cook, Cook, “ That’s, Biden, Sens, Sherrod, Ohio Brown, Tim Scott of, Tim Scott of South Carolina —, cc’d Vance, ” Heck, Rent, Rue, Rob Rue, Dominic Gwinn, Jaob Payen, Daniel Driscoll, I’ve, ” Andy Wilson, it’s, —, Mike DeWine, Kerry Lee Pedraza, Pedraza, ” Pedraza, Roberto Schmidt, Aula’s, Harris, Alejandro Mayorkas, Katie Kersh, Kersh, ” Kersh, Lebon, ” Lebon, Sassy ”, ’ ”, “ ’, Sen, JD Vance, Matthew Hatcher, ‘, Fran DeWine, Prince —, ” DeWine, DeWine, that’s, ’, Daniel Aula’s, ” Aula, ” “, CNN’s Catherine E, Shoichet, Kate Sullivan, Daniel Dale Organizations: Springfield , Ohio CNN, CNN, Biden, Nation, Springfield City, Springfield Mayor, Springfield, Infants, Children, City, Getty, US Navy, Republican, Ohio Department of Public, Patrol, Springfield Police, United, “ Haitian Coalition, AFP, United Nations Human Rights, UN, US, Homeland, TPS, “, Gov, Ohio Gov, Trump, Underground Railroad Locations: Springfield , Ohio, Haiti, Springfield, Ohio, November’s, Clark County, Pentaflex, Haitian, Tim Scott of South Carolina, ”, County, City, United States, Creole, Leesport , Pennsylvania, Port, DeWine, America, Germans, “, —

☆ What Dungeons & Dragons can teach you about parenting
▼ + stars: | 2024-10-13 | by ( Shannon Carpenter | ) edition.cnn.com time to read: +8 min

My brother was always the dungeon master, and I was a wizard who cast fireballs in very enclosed spaces. They have the coolest accessories.”Author Shelly Mazzanoble details what lessons parents can learn from Dungeons & Dragons in her upcoming book, “How to Dungeon Master Parenting." Dawndra Budd/University of Iowa PressOn the 50th anniversary of Dungeons & Dragons, I talked with Mazzanoble to learn how parents can apply the game’s lessons to their parenting. Then it just occurred to me: Why couldn’t I think about parenting the way a dungeon master thinks about a game of D&D? E. Jason Wambsgans/Chicago Tribune/Getty ImagesCNN: What is sandbox framing, and how does that apply to both Dungeons & Dragons and parenting?

Persons: CNN —, Gary Gygax cocreated, Shelly Mazzanoble, ” Mazzanoble, “, Dawndra Budd, Mazzanoble, I’m, — I’m, Gary Gygax, Jason Wambsgans, ”, Shannon Carpenter, Dad ” Organizations: CNN, &, University of Iowa Press, Chicago Tribune, Getty Locations: Keller , Texas, Kansas City , Missouri, Lake Geneva , Wisconsin

Polling has consistently found that Biden is a drag on Harris' candidacy and that voters are eager for a new direction. But Harris has been reluctant to be critical of Biden by outright critiquing his presidency. Harris would seek to distance herself from Biden somewhat delicately, likely giving the White House a heads up before doing so, three of the people familiar with the discussions said. Just hours after her interview on “The View,” Harris faced the same type of question by Stephen Colbert, who asked what major changes would be clear in a potential Harris administration and what might stay the same. Harris delivered a similar answer during her debate with Trump last month, which Biden took particular note of, NBC News has reported.

Persons: WASHINGTON, Kamala Harris ’, Joe Biden, Harris ’, Biden —, Donald Trump, Harris, Biden, “, Trump, ”, ” Trump, Kamala Harris, ’, ” Harris, Stephen Colbert, I’m Organizations: Republican, White, ABC, Trump, NBC News Locations: “, Pennslyvania

U.S. officials believe Israel has narrowed down what they will target in their response to Iran’s attack, which these officials describe as Iranian military and energy infrastructure. There is no indication that Israel will target nuclear facilities or carry out assassinations, but U.S. officials stressed that the Israelis have not made a final decision about how and when to act. U.S. and Israeli officials said a response could come during the Yom Kippur holiday. Secretary of Defense Lloyd Austin spoke with his Israeli counterpart, Yoav Gallant, last night and they discussed broad strokes about an Israeli response. U.S. officials have continued to urge the Israeli government to make their response proportional, sticking to military targets and avoiding oil, gas and nuclear facilities.

Persons: Israel, Ismail Haniyeh, Hassan Nasrallah, Defense Lloyd Austin, Yoav Gallant, it’s, Gallant, Joe Biden, Benjamin Netanyahu, Biden, Netanyahu Organizations: U.S, Defense Locations: Israel, Iran, Lebanon, Tehran, Beirut, The U.S, U.S, Gaza

☆ This niche AI play is seeing business growth rates that are triple the pace of the data centers
▼ + stars: | 2024-10-12 | by ( Paulina Likos | ) www.cnbc.com time to read: +16 min

As artificial intelligence fuels the boom in data center growth, investors are eyeing a new frontier: the companies keeping these digital powerhouses cool. That's because historically, data centers used air cooling to manage the heat generated by traditional cloud applications. Triple data center growth Vertiv and Modine are legacy air cooling players that entered the liquid cooling market through acquisitions, while nVent is a pioneer. "The need for liquid cooling is not cannibalizing the need for mechanical (air) cooling," Matt Summerville, an analyst at D.A. "The need for liquid cooling is not cannibalizing the need for mechanical (air) cooling," Matt Summerville, an analyst at D.A.

Persons: Modine, there's, Dean Dray, Matt Summerville, Davidson, Summerville, William Blair, Brian, nVent, Dray, Vertiv, Jefferies, Saree Boroditsky, Boroditsky Organizations: Modine, RBC Capital Markets, CNBC, D.A, CoolTerra, TMG, Scotts, Scotts Springfield Manufacturing, Asia Pacific, CDU, Summerville, Luza Locations: Scotts Springfield, Asia, Summerville

☆ S&P 500 grinds higher to further record highs, finding little to fear in October
▼ + stars: | 2024-10-12 | by ( Michael Santoli | ) www.cnbc.com time to read: +7 min

This time of year typically tests nerves, more so when — as now — an election is onrushing and the S & P 500 was already up 20% for the year. Since June 30, the equal-weighted S & P 500 has gained 9.5%, more than triple the Nasdaq 100's rise. A buyer at the mid-July S & P 500 peak of 5667 sustained a quick 8% tumble in three weeks. Goldman Sachs calculated VIX being this elevated with the S & P 500 calmly clicking to record highs is essentially unheard-of. Cash that's still yielding well more than inflation and bonds holding their value allow investors to shoulder higher equity exposures rather than rotating out.

Persons: isn't, it's, Goldman Sachs, Cash, Friday's Organizations: Federal Reserve, Nasdaq, American Association of, Deutsche, –, Bank

☆ Why Roblox investors are shrugging off a blistering short-seller report
▼ + stars: | 2024-10-12 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Roblox stock closed at $41.60 on Friday, slightly above where it was earlier in the week when Hindenberg published its research. Related storiesIn the wake of the report, Wall Street and investors seemed to largely stick by the company. AdvertisementRoblox, which primarily makes its money from sales of online currency and items, has been working to grow its advertising business. The report could hinder Roblox's ad businessDespite Roblox's nearly immediate stock recovery and support from Wall Street, the report and related issues could have implications for Roblox's advertising business. Its ad business is barely a rounding error today, but Roblox is still not profitable, so it's trying hard to change that.

Persons: Hindenburg, —, Roblox, It's, Hindenberg, Piper Sandler, Ron Kerbs, Roblox's, Roblox isn't, Jeremy Goldman Organizations: SEC, Wall, Service, Hindenburg, Securities, Exchange, Wall Street, Wedbush Securities, WPP, New, Bloomberg Businessweek, Walmart, Warner Bros . Pictures, Facebook, YouTube Locations: Roblox

☆ Goldman Sachs says these stocks are a table-pounding buy ahead of earnings
▼ + stars: | 2024-10-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +4 min

Analysts at Goldman Sachs named a slate of stocks to snap up as earnings season gets underway. Those names include LivaNova , Spotify Technology, TKO Group and ServiceNow. TKO Group The sports media company and owner of the UFC is firing on all cylinders ahead of earnings in November. TKO Group shares are up 56% in 2024. LivaNova Analyst David Roman and his team recently initiated coverage of LivaNova with a buy rating.

Persons: Goldman Sachs, Eric Sheridan, Sheridan, Christian Luiga, Stephen Laszczyk, Laszczyk, David Roman, Roman, LivaNova Organizations: Goldman, Spotify Technology, Spotify, UFC, TAM, Sports Media

City officials haven't yet tallied up what the Trump campaign owes Erie for public safety costs for his most recent rally in September. The five localities that spoke to NBC News have sent their bills to the Trump campaign. Four years later, the Trump campaign hasn't paid. The unpaid bills go back even further for Spokane, Washington, which wants the Trump campaign to pay for costs incurred in a May 2016 visit, before Trump officially became the Republican nominee for president. Similarly, Erie's bills were to cover police, fire and public works personnel overtime, according to city spokesperson Rob Lee.

Persons: Donald Trump, Trump, they're, reimbursements, it's, Anthony Guglielmi, Guglielmi, Kamala Harris, Laura Cruz Acosta, ” Cruz Acosta, hasn't, Erin, Hut, Bernie Sanders, Hillary Clinton, Sanders, Clinton, didn't, Allison Franz, Nancy Sorensen, Ana Pereira, isn't, Rob Lee, I’d Organizations: Erie Times -, Trump, NBC News, Secret, nonpayment, El, El Paso City Council, Republican, Gateway, Mesa Police Locations: Erie , Pennsylvania, Erie, El Paso , Texas, El Paso, Spokane , Washington, Missoula County , Montana, Arizona, Mesa

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