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Investors should take a selective approach toward utility stocks in 2025 as the incoming Trump administration could create a more challenging environment for the sector, according to KeyBanc. AI has translated into tangible electricity load and earnings growth revisions for the sector, Karp said. If inflation stagnates at above-average levels and then accelerates, the Federal Reserve could respond with higher interest rates that would hit the sector, the analyst told clients. At the same time, electricity demand from AI and manufacturing returning to the U.S. could help offset these inflationary headwinds for the sector, according to Karp. KeyBanc maintains the equivalent of a buy rating on the regulated utilities Xcel Energy , WEC Energy Group , CMS Energy Corp. , FirstEnergy Corp. and Portland General Electric .
Persons: Trump, Sophie Karp, Karp, Xcel Organizations: Utilities, Federal, KeyBanc, Xcel Energy, WEC Energy, CMS Energy Corp, FirstEnergy Corp, Portland General Electric, WEC, Constellation Energy Locations: U.S, Ohio
BNY Wealth is bullish about US stocks and economic growth heading into 2025. Sinead Colton Grant, who's the chief investment officer at BNY Wealth, is once again upbeat about the US economy and stocks. "What seems to be happening across the industry is a straight read across, from 'tariffs equals higher prices equals inflation,'" Colton Grant said. One example Colton Grant cited is the US automobile industry, which struggles to compete with Chinese electric vehicles. As far as sectors are concerned, Colton Grant highlighted a trifecta of economically sensitive groups that stand out: financials, industrials, and energy.
Persons: Donald Trump's, Sinead Colton Grant, who's, Colton Grant, Trump, that's, It's Organizations: Business, Equity, Companies Locations: China, Canada, Mexico, People's Republic
The trick, though, comes in trying to distinguish between a bull market feeding off rational fundamental positives and one that has grown so frisky as to be acutely risky. What's clear for sure is that we've entered the "belief" phase of this bull market, which is more than two years old yet is showing few of the telltale signs of ending very soon. Wall Street turns bullish Brokerage-house strategists as a group were far too cautious entering 2023, the S & P 500 staying ahead of the consensus target virtually all year. Yet we think there will be fewer checks when stocks are running up, creating the potential for risk appetite to turn frothy." Just normal bull market?
Persons: we've, Todd Sohn, Donald Trump, Donald Trump's, anecdotally, David Rosenberg, Rosenberg, YTD, Stephen Suttmeier, Goldman Sachs, DocuSign, industrials Organizations: telltale, Strategas Research, Wall, Rosenberg Research, Blackrock Investment Institute, Blackrock, Bank of America, Robinhood, Cloud Computing, Trump, Big Tech, Leuthold, Fed
The event, the AI infrastructure conference Ray Summit, had originally booked OpenAI's chief technology officer, Mira Murati, to speak. If Sam Altman is the starry-eyed visionary of OpenAI, Weil is its executor. That includes Weil, a relative OpenAI newcomer who joined in June and rapidly became one of its most notable ambassadors. Former colleagues say Kevin Weil was key to turning Twitter into a crucial arena for advertisers. That's far from the only struggle the product chief faces.
Persons: Kevin Weil, OpenAI, Weil, Robert Nishihara, Ray Summit, Mira Murati, Sam Altman, Altman, He's, James Everingham, Sarah Friar, OpenAI's, Adam Bain, Everingham, Underwood, Slack, Elizabeth, Ashley Johnson, Brian Ach, TechCrunch Weil, Katie Jacobs Stanton, Kevin Systrom, Snapchat, Systrom, Instagram, Vox, Dario, Daniela Amodei, Ilya Sutskever, Aravind Srinivas, Mira Murati's, Patrick T, Fallon, Jacobs Stanton, Horacio Villalobos, Corbis, Weil's, he's, there's, Niko Felix, Felix, Melia Russell Organizations: Marriott Marquis, Apple Watch, Ray, Facebook, Twitter, Planet, TechCrunch, CNBC, Meta, Wired, OpenAI, The New York Times, Ray Summit, Silvergate Bank, Getty, LinkedIn, Business Locations: downtown San Francisco, OpenAI, Instagram, Silicon Valley, California, Portola Valley, Central, ., Murati, ChatGPT, Seoul, Tokyo
Here's our Club Mailbag email investingclubmailbag@cnbc.com — so you send your questions directly to Jim Cramer and his team of analysts. There are two high-level factors that determine an options price, intrinsic value and time value. How does an investor know if when buying stock, they are buying company shares or trading shares with other investors . In a prior mailbag answer (see an excerpt above), we talked about how to go about doing this analysis. In other words, the valuation — be it based on price-to-earnings or a discounted cash flow model — is far more important than the stock price.
Persons: Jim Cramer, — Richard L, it's, Vega, — Dan M, Michele T, Will, Felix M, That's, we're, — Rich, , Jim Cramer's, Jim, Jeffrey Coolidge Organizations: Theta, New York Stock Exchange, Nasdaq, Dow, Investing, Charitable, Jim Cramer's Charitable, CNBC, Iconica, Getty
Southern Resident orcas are a single population of killer whales made up of three close-knit family groups, or pods: J pod, K pod and L pod. Other killer whales feed on fish, octopus and marine mammals, but the diet of Southern Resident whales is almost entirely salmon. Another orca wearing a salmon hat was photographed during a 2019 survey by the marine conservation group Ocean Wise. Even if J27’s fish-wearing doesn’t signal a return of salmon hats among the Southern Resident orcas, what does the behavior mean? In fact, strong social connections between Southern Resident orcas might explain why salmon-wearing became so popular in 1987, Garrett added.
Persons: , Stephanie Raymond, ” Raymond, Jim Pasola, , Howard Garrett, Orca, Deborah Giles, ” Giles, holler, Garrett, orcas, Giles, Instagram, ” Garrett, “ I’m, Mindy Weisberger Organizations: CNN, North America, Puget Sound, Orca Network, Sound, Southern, Northern, Scientific Locations: North, Pacific, , Southern, San Juan
CNN —Biden administration officials, watching the remarkable speed of the Syrian rebel advance, increasingly see the possibility of the regime of Bashar al-Assad falling within days, five US officials told CNN. “Probably by next weekend the Assad regime will have lost any semblance of power,” one said. The Biden administration appeared caught off guard by the speed of the rebel advance launched last week. Regime troops have collapsed and melted away, leaving a fragile shell of an army to defend the president and Damascus. Leading the rebel advance in Syria is a group designated by the US as terrorist organization: Hayat Tahrir al-Sham, or HTS, which was previously linked to al Qaeda.
Persons: CNN —, Bashar al, Assad, hasn’t, isn’t, Biden, Tahrir, Jake Sullivan, , Turkey Organizations: CNN, CNN — Biden, US, Rebels, , Pentagon, Syrian Democratic Forces, ISIS, SDF Locations: Syrian, Homs, Syria’s, Damascus, Afghanistan —, Ukraine, Russia, Syria, al Qaeda, Iran, Kurdish, Turkey, Moscow, Tehran, Latakia
Below, we've put together everything you need to know about how to watch Penn State vs. Oregon, including how to live stream the Big Ten Championship without cable. The Penn State Nittany Lions have one other Big Ten Championship appearance, a 2016 win against Wisconsin. What channel is Penn State vs. Oregon on? Check price at FuboHow to watch Penn State vs. Oregon from anywhereYou can still keep up with the Oregon vs. Penn State game even if you're traveling abroad with the help of a VPN (virtual private network). Check price at ExpressVPNHow to watch Penn State vs. Oregon with a VPNSign up for a VPN if you don't have one.
Persons: we've, it's, Fubo, VPNs, ExpressVPN Organizations: Business, Big Ten, Penn, Penn State, Big, Ohio State, Oregon Ducks, Penn State Nittany Lions, Wisconsin, Ducks, Nittany Lions, CBS, . Oregon, Paramount Plus, DirecTV, Paramount, Showtime, Nickelodeon, Comedy Central, BET, MTV, DirecTV Stream, Oregon Locations: Oregon, Penn State, . Oregon, Michigan, United States, .
Elon Musk and Vivek Ramaswamy said a SCOTUS ruling on federal regulations will help them cut spending through DOGE. AdvertisementThe Supreme Court might not help Elon Musk and Vivek Ramaswamy's spending cut goals as much as they might think. Holes in Musk and Ramaswamy's argumentThe Supreme Court overturned the Chevron doctrine in June 2024 in a ruling on the case Loper Bright Enterprises v. Raimondo. The Biden administration went through that process to craft its second student-loan forgiveness plan after the Supreme Court struck down the first one. It's not clear that the Supreme Court had that in mind when it overruled Chevron."
Persons: Elon Musk, Vivek Ramaswamy, SCOTUS, Vivek Ramaswamy's, Donald Trump, Ramaswamy, Musk, that's, Gillian Metzger, Metzger, Raimondo, Nicholas Bagley, Bagley, Bright, Trump, Biden, Cary Coglianese, Coglianese, Jared Moskowitz, Moskowitz, Ro Khanna, Sen, Bernie Sanders, GOP Sen, Joni Ernst, Marsha Blackburn, , We've, You've Organizations: of Government, GOP, Chevron, Columbia Law School, Trump, Bright Enterprises, National Marine Fisheries, University of Michigan, Street Journal, APA, University of Pennsylvania, Ramaswamy, Republican, Democratic, Department of Homeland Security, Department of Defense, Treasury Department, Department of Health, Human Services, Social Security Administration, Treasury Department . National, Capitol Locations: Chevron, Congress
My husband and I both have Delta Platinum cards, and our annual fee went up recently. The most important perk to us is the companion pass for flights, which cuts our costs in half. My favorite feature of the card is that it offers a complimentary companion pass each year. Amex recently increased the annual fee for the Delta Platinum to $350/year, but it's still a good value to us. Even if we weren't to use any of the other credits, the annual fee pays for itself with the companion pass purchase.
Persons: it's, , I've, Chase, you'd Organizations: Service, Citi, Capital One, Delta, U.S . Locations: Charleston, Florida, Caribbean, Central America, Hawaii, Alaska, Minnesota
She's now engaged, and I've learned how awful and toxic I was to her. That's why I wasn't too surprised when I recently learned she is now engaged, and she's had enough of me and my toxic traits. But it was also a textbook example of a toxic relationship. She's now engagedUnderstandably, after every episode of our toxic love story, she grew further away from me. Losing contact with her gave me the space I needed to reflect on my love life and the true meaning of loneliness.
Persons: She's, I've, she's, We'd, , she'd
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The East Brother Light Station is on a small island off Point Molate in the strait between San Francisco and San Pablo bays in Richmond, California — and they're looking for an innkeeper. The listing states that East Brother Light Station, Inc's ideal candidates for this job would be a couple. It's really hard work, but it's very rewarding," Tom Butt, former mayor of Richmond and the president of the nonprofit, tells CNBC Make It. Candidates should have hospitality experience and, according to the job posting, high-quality culinary experience and maid services for inn guests are also required. The East Brother Light Station is located on a small island.
Persons: Tom Butt, Butt Organizations: Brother Light, East Brother Light, CNBC, Coast Guard Merchant Mariner, Coast Guard Locations: San Francisco, San Pablo, Richmond , California, Richmond
Virgin Voyages is the latest cruise line to offer the chance to turn your relocation into a sea-location, with its new all-you-can-sail annual pass. The report by Euromonitor International named Bangkok the world’s busiest city this year for international arrivals. The world’s most-visited city in 2023 was the Turkish city of Istanbul. It’s the SS United States and after rusting on a Philadelphia pier for three decades, it’s now making its final journey – right to the bottom of the ocean. Travelers in the United States lose millions of suitcases every year.
Persons: it’s, It’s, , There’s, Ed Sheeran Organizations: CNN, Voyages, Orient Express, Wales, Euromonitor International, SS, Travelers Locations: Greece, Vietnam, Britain, United States, Caribbean, Atlantic, Adriatic, Europe, Greek, Thessaloniki, England, Cornwall, Lake District, Wales, Surabaya, Bandung, Southeast Asia, Hanoi, Ho Chi Minh City, World’s, Rome, Barcelona, Paris, London, Bangkok, Thailand, Turkish, Istanbul, SS United States, Philadelphia, American, Bhutan, United
Some say OpenAI's o1 models are close to artificial general intelligence. Most people won't notice when AGI ultimately arrives, some AI experts say. AdvertisementSome say o1 shows how we might reach artificial general intelligence — a still theoretical form of AI that meets or surpasses human intelligence — without realizing it. "Most folks don't have a lot of tasks that bump up against limits of human intelligence, so won't see it." Tier 3, or "Artificial Focused Intelligence," is an AI that outperforms average human experts in specific, intellectually demanding tasks.
Persons: AGI, OpenAI, , Wharton, Ethan Mollick, Mollick, we've, That's, Yann LeCun, Lex Fridman's, It's Organizations: o1, AMI
As inflation cools and the Fed lowers its benchmark rate, mortgage rates are expected to trend down in 2025. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile. But now that inflation has decelerated and the Fed has started cutting rates, mortgage rates are expected to ease. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.
Persons: homebuyers, you'll, Freddie Mac, it's, Fannie Mae Organizations: Fed, Federal Reserve, of Labor Statistics, Mortgage Research Center, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Mortgage, Association Locations: U.S, Chevron
He’s also lobbied for policies that would restrict VA care and believes veterans should ask for fewer government benefits. “We want to have full choice where veterans can go wherever they want for care,” Hegseth told Trump on speakerphone as Shulkin listened, according to Shulkin’s 2019 memoir. For Shulkin, a rare “holdover” from President Barack Obama’s administration to Trump’s, this was “the worst-case scenario” for veteran health care, and one he had repeatedly warned Hegseth against. As secretary of defense, Hegseth would oversee the Military Health System, which is separate from the Veterans Health Administration. “If this continues, the Defense Department will eventually be a health care and pension provider that also happens to fight wars,” he wrote.
Persons: Washington CNN — “, Pete Hegseth, Donald Trump, David Shulkin, Trump, He’s, ” Hegseth, Shulkin, Doug Collins, , Barack Obama’s, Hegseth, ” Shulkin, Collins, “ Fox, I’ve, Shawn Ryan, Amy McGrath, Sen, Mitch McConnell, hasn’t, “ I’m, it’s, ” McGrath, , McGrath, there’s, Charles, David Koch, Max Rose, VoteVets, , , ’ ”, I’m, , Hegseth –, America –, Ryan, hadn’t, Kate Kuzminski, ” Kuzminski, ” Rose, Kuzminski Organizations: Washington CNN, Department of Veterans Affairs, Fox News, Veterans, CNN, Marine, Biden, Military Health, Veterans Health Administration, Pentagon, Wall, Defense Department, Army Reserve, Democratic, America, Trump, , White, White House, American, Center, New, New American Security Locations: speakerphone, Trump’s, Kentucky, America, New American
But the war of attrition has left Russia “incapable” of assisting Assad, even President-elect Donald Trump noted on Saturday. But this is one seized by Turkey, a NATO member which has dealt with the most fallout from Syria’s turmoil. Adem Altan/AFP/Getty ImagesThe unknowable impact of vast, fast change left Syria mired in half-policies and US inaction before. This may prove the swift and severe change that Syria needed to stabilize – a shaking of the carpet that leaves society smoother. Syria’s past 13 years have been so brutal it deserves exactly that.
Persons: George W Bush, Obama, Donald Trump, Bashar al, Assad, Ghaith, Sergei Lavrov, , Hayat Tahrir, Recep Tayyip Erdoğan, Erdogan, Recep Tayyip Erdogan, Adem Altan, Barack Obama, Trump’s Organizations: CNN, US, NATO, Syrian Democratic Forces, ISIS, Getty Locations: Syria, Iraq, Israel, Jordan, Turkey, Lebanon, Iran, Hama, Homs, Damascus, Ghouta, Beirut, Donetsk, Syrian, Russian, Ukraine, Moscow, Russia, Ankara, Turkish, Ireland, Afghanistan, AFP
Under the law, app stores could face major fines if they continue to host TikTok following the deadline, if it’s not sold. While the ruling increases the likelihood that TikTok will be banned, it’s not a done deal just yet. TikTok indicated that it plans to appeal the ruling to the Supreme Court. However, Schiller said TikTok is still likely to face an uphill battle in the Supreme Court. “However, there has been much discussion about TikTok being banned since 2020 and nothing has happened yet, so I’m skeptical.
Persons: it’s, , , Michael Hughes, Hughes, Donald Trump, Joe Biden, TikTok, ” Josh Schiller, Boies Schiller Flexner, Schiller, Gautam Hans, Hans, Trump, Alan Rozenshtein, ” Rozenshtein, You’re, doesn’t, ” Rozenstein, Friday’s, Carrie Berk, ” “, Keenya Kelly Organizations: New, New York CNN, TikTok’s, Supreme, CNN, Amendment Clinic, Cornell Law School, Trump, University of Minnesota, Apple Locations: New York, United States, , TikTok
Geologist and TownRock Energy CEO David Townsend was first introduced to Andrew Fleming-Brown, the owner of the multi-disciplinary venue SWG3, in 2019. "If you have 1,200 people dancing, and you're capturing the heat from those people dancing, you can heat about 70 houses. While this is about 10 times the cost of a conventional heating system, SWG3 projected Bodyheat would pay for itself within five years through energy savings. As for this unlikely duo, they're currently looking into extending the Bodyheat system to a new hotel Fleming-Brown is opening down the road. Watch the video above for an up-close look at the Bodyheat system, as well as the other skill-sharing that can happen when two business leaders converge.
Persons: David Townsend, Andrew Fleming, Brown, Townsend, CNBC's, Fleming, they're Organizations: TownRock Energy, International Renewable Energy Agency Locations: Glasgow, Scotland, United Kingdom, European
Insider Today: 'Brotox' on the rise
  + stars: | 2024-12-07 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com   time to read: +5 min
On the agenda:AdvertisementBut first: How to win your company holiday party. We've all heard the same advice around this time of year when company holiday party invitations abound. When you arrive at your company's holiday party — and when you leave, for that matter — is just as important as the other oft-told advice you've probably heard. White-collar men's beauty secretsJuanjo Gasull for BIMen in corporate America want to look good at work — and they're spending thousands of dollars to do so. More of this week's top reads:AdvertisementThe Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.
Persons: Gordon Ramsay's, Iuliia, We've, you've, Diane Gottsman, Alyshia Hull, Gottsman, Juanjo, Natalie Ammari, Don Saladinol, Tyler Le, Don Saladino, Ryan Reynolds, Blake Lively, Anne Hathaway, Saladino, Emily Hart, Kimbal Musk, Musk, Hugo Matheson, Tim Burton, Keira Knightley, James McAvoy, Scoot, Rebecca Zisser, Dan DeFrancesco, Grace Lett, Lisa Ryan, Amanda Yen Organizations: Business, BI Men, The, Warner Bros Locations: Atlantic City , New Jersey, America, York, New York, Boulder , Colorado, Chicago, Denver, Austin , Texas, Boulder, New York City
I help women over 30 pursue their dreams of life abroad through a thriving Facebook community of more than 15,000 women, a live master class, resources, and ongoing support. Which countries offer the right visa options? From "digital nomad" to "non-lucrative" to "highly qualified" and beyond, there are more visa options than you might think. Grab my visa guide to Europe for details on 50+ visa options. From "digital nomad" to "non-lucrative" to "highly qualified" and beyond, there are more visa options than you might think.
Persons: I'd, There's, there's Organizations: Resources Locations: Netherlands, Madrid —, Spain, U.S, Texas, Madrid, Portugal, Mexico, Thailand, Granada, Europe
Opinion | Bluesky Is Different From X. For Now.
  + stars: | 2024-12-07 | by ( Clay Shirky | ) www.nytimes.com   time to read: +2 min
It’s obvious why liberal users might want to leave X. X was originally a rebranding of Twitter, but over time, the service has become, in internet parlance, a Nazi bar. When Mr. Musk bought Twitter, he seems to have guessed, mostly correctly, that even users who disliked reactionary politics would not leave. Staying on X suddenly seemed intolerable to many, but they still needed a place to go. If liberals on X were just looking for a populous new home, Threads would have been the logical choice.
Persons: Elon Musk, Musk, Nick Fuentes, Hitler, James Lindsay, Donald Trump, Musk hasn’t, MAGA, Trump’s, Bluesky, Organizations: Twitter, Meta, Facebook Locations: Nazi
At the time, my partner and I were dating long-distance, and he decided to join me. Over the last year, we've lived all over the world taking care of other people's homes and pets. While housesitting, the author and her partner have gotten to do fun things like ride horses through the High Country of Australia. Courtesy of Hannah WilkinsonIf you're thinking of trying housesitting, there are a few things to considerHousesitting isn't for everyone. For anyone looking to reduce living expenses or break free from convention, housesitting is an alternative well worth exploring.
Persons: we've, you'd, I'd, Housesitting, housesitting, , Hannah Wilkinson It's, Bernie, Barry, Hannah Wilkinson Organizations: Facebook Locations: Australia, Melbourne, Housesitting, India, Ireland, London
Executive security is getting a closer look after the fatal shooting of UnitedHealthcare's CEO. Private security companies say they've gotten an influx of calls. Executive security spending at S&P 500 companies has been on the rise — doubling from 2021 to 2023. AdvertisementFollowing the fatal shooting of United Healthcare CEO Brian Thompson this week, some high-level executives are ramping up their own security. "If these incidents become more frequent, the atmosphere surrounding the purchase of security services will change drastically," he cautioned.
Persons: they've, Brian Thompson, Jeffrey Sonnenfeld —, , Sonnenfeld, Michael Kozhar, Kozhar, hasn't, Matthew Dumpert, he'd, Dumpert, Thompson, it's, Chris Pierson Organizations: United Healthcare, Service, Trump, Studies, Yale, NYPD, International Security Services, Inc, Brooklyn, Kroll Enterprise Security Risk Management, CNBC, Allied, Fortune, New York Times, Times, Business, United Health Group Locations: Manhattan, beefed, Midtown Manhattan
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