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☆ Missed the Nvidia rally? These 10 companies are buying its chips — and their stocks are rallying
▼ + stars: | 2024-03-08 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Super Micro , Tokyo Electron Device , Meta Platforms , Tata Motors and Mitsui are among the stocks that have seen the most significant gains over the past year. According to FactSet, their share price movement correlates between 93% and 98% of the time with Nvidia's stock. Super Micro Super Micro, which makes computer servers, has benefitted directly from using Nvidia's AI chips in its products. Tokyo Electron Device Tokyo Electron Device is a distributor of Nvidia's chips in Japan. Tokyo Electron Device is a listed subsidiary of Tokyo Electron , Japan's largest chip-manufacturing equipment maker.

Persons: FactSet, Meta, Mark Zuckerberg, Paul Meeks, Meeks, —, Jonathan Vanian, Weizhen Tan Organizations: Nvidia, CNBC Pro, Nvidia's, Tata Motors, Mitsui, Microsoft, Meta, Facebook, Super, Tech, Portfolio Management Locations: Tokyo, Japan

☆ CNBC Daily Open: U.S. services activity moderates
▼ + stars: | 2024-03-06 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Overnight, U.S. markets were dragged lower by sharp declines in major tech stocks. China growth pushChina may need to resort to an old tactic to hit its ambitious growth target this year. AI adoption rateA global survey found AI adoption rate for businesses is yet to match the hype around the technology.

Persons: Hong, Dow, Bitcoin, Wang Dan, Jeremy Hunt, Paul Meeks Organizations: CNBC, CSI, Nikkei, Nasdaq, Apple, Hang Seng Bank, Finance, Conservative Party, Nvidia, Veteran, CNBC Pro Locations: Hong Kong, Asia, China, Beijing

☆ Wall Street weighs in on what's wrong with Apple and whether the stock can make a comeback
▼ + stars: | 2024-03-06 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

But the tides have shifted in recent months as investors overlook the $2.6 trillion company for rosier AI opportunities. "Everybody's waiting for Apple to come along," said Max Wasserman, co-founder and senior portfolio manager at Miramar Capital. "Great cash flow, great balance sheet, but they're just not demonstrating that they're going to be the new leader in AI." Apple's AI story Last month, Apple pulled the plug on its decade-long autonomous vehicle project in what many on Wall Street viewed as a move to divert resources toward AI prospects. Another way Apple could satisfy the need for AI progress is through a merger or acquisition of a company with large-scale AI capabilities, Meeks said.

Persons: Max Wasserman, they're, Tim Cook, haven't, CFRA Research's Angelo Zino, Wasserman, That's, Paul Meeks, Miramar's Wasserman, Melius Research's Ben Reitzes, Rosenblatt's Barton Crockett, Meeks, hasn't, Michael Bloom Organizations: Apple, Miramar Capital, Nasdaq, Nvidia, Meta, Microsoft, Union, Huawei, Accounting, Portfolio Management, Apple's, Conference Locations: China

☆ CNBC Daily Open: U.S. services pace slows slightly
▼ + stars: | 2024-03-06 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Dow's steep declineWall Street ended lower Tuesday as the broader market was dragged by sharp declines in major tech stocks. China growth pushChina may need to resort to an old tactic to hit its ambitious growth target this year. President Joe Biden and former President Donald Trump hold commanding leads in the polls of their respective parties.

Persons: Dow, Bitcoin, Wang Dan, Joe Biden, Donald Trump, Jerome Powell, Powell, Paul Meeks Organizations: CNBC, Nasdaq, Apple, Hang Seng Bank, Capitol, Nvidia, Veteran, CNBC Pro Locations: China, Beijing

☆ Diversify your AI plays — these are the best alternatives to Nvidia, fund managers say
▼ + stars: | 2024-03-06 | by ( Weizhen Tan | ) www.cnbc.com time to read: +5 min

Nvidia may have enjoyed a red-hot run on the back of the artificial intelligence craze, but many other tech stocks have also benefited. CNBC Pro speaks to fund managers to find out the best alternatives to Nvidia that investors can consider. ASML will also continue to benefit "because without ASML there's no TSMC, without TSMC there's no Nvidia," Cvetanovski said. Ray Wang, principal analyst and founder of Constellation Research, also named TSMC, saying that it "always wins." Super Micro Computer Meeks, who is co-chief investment officer at Harvest Portfolio Management, says Super Micro Computer is his favorite alternative AI stock to play right now.

Persons: Paul Meeks, Taiwan's TSMC, TSMC, Cvetanovski, ASML, Ray Wang, Vertiv, Meeks, astronomically, Wang, Meta —, Sam Altman's Organizations: Nvidia, Veteran, CNBC Pro, Tech, CNBC, Semiconductors, Sydney, Pella Funds Management, Generations Fund, Devices, Constellation Research, AMD, Portfolio Management, Microsoft, Big Tech, Cisco, Meta, Google Locations: Pella, United States

☆ 'People didn't see it coming': What to know about this hot AI stock up nearly 800% in the past year
▼ + stars: | 2024-03-01 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

Here's a breakdown of how Super Micro got to this point, and where investors and analysts expect it to go. What to know about Super Micro Computer Creating servers isn't a new objective for the California-based company. Other shareholders such as Vendig have opted to take a breather on buying shares until the next earnings call. Those headwinds may not hit until 2025 but could hurt the stock if Super Micro fails to differentiate itself. "Super Micro was in the right place at the right time when generative AI took off, there really wasn't a competitor," he said.

Persons: hasn't, Paul Meeks, Brian Vendig, we've, Shreya Gheewala, Matt Bryson, Sylvia Jablonski, Jablonski, Vendig, Wedbush's Bryson Organizations: Nvidia, Devices, Computer, Management, MJP Wealth, AMD, Intel, Wedbush Securities, Micro, Super Micro, Super Locations: California

☆ Nvidia is 'printing money at this point.' What investors are doing after the chipmaker's earnings blowout
▼ + stars: | 2024-02-24 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

The chipmaker surged 16% on Thursday after posting robust earnings and guidance , contributing to the stock's 59% year-to-date run as investors feast on artificial intelligence stocks. NVDA 1Y mountain Nvidia shares over the last year Nvidia's impressive stock run brings its valuation to elevated levels. That's left some analysts questioning whether earnings upside is already priced in to shares as others wonder how long this astonishing growth cycle can last. Those worries eased after the chipmaker offered its first set of blockbuster earnings numbers, cementing its formidable AI position. NVDA 5D mountain Nvidia shares this past week "It gives me confidence that this story lasts much longer," Harvest's Meeks said.

Persons: That's, Hua Cheng, heightening, Paul Meeks, Ken Mahoney, Greg Bassuk, Nvidia's, Goldman Sachs, Hari, Bernstein's Stacy Rasgon, Jensen Huang, Harvest's Meeks, Tim Arcuri, Cheng of Mirova, Huang Organizations: Nvidia, Portfolio Management, AXS Investments, UBS Locations: Mirova, Charleston , South Carolina

☆ Nvidia 'uber-bull' Paul Meeks discusses what signal would make him reduce his position
▼ + stars: | 2024-02-23 | 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 EmailNvidia 'uber-bull' Paul Meeks discusses what signal would make him reduce his positionPaul Meeks of Harvest Portfolio Management says that while there still is upside for Nvidia, the rally won't last forever and so he is watching out for this metric as a sign it is time to become more conservative on the stock.

Persons: Paul Meeks Organizations: Nvidia, Management

☆ Gen X and boomers love Temu. I asked them why.
▼ + stars: | 2024-02-04 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

Recent research showed that boomers and Gen Xers shopped more frequently on Temu than younger people. I was surprised when I read a research study recently that said that Gen X and boomer Temu shoppers tended to spend slightly more per order and placed orders more often than younger shoppers. AdvertisementSo I asked readers who were boomers or Gen Xers to write in and tell me: Why do they love Temu so much? The Gen X and boomers denied this — most of them said they ignored the annoying roulette wheels. —LanieA variety of items bought by a Gen Xer on Temu Kristy MeeksA crafter who gets jewelry-making supplies:I shop on Temu mostly for jewelry, crafting and jewelry supplies.

Persons: Gen Xers, —, fanny, Elsa, X, Temu, Xers, Tyrone A, I'm, They're, it's, — Linda, Kristy Meeks, Lydia, I've, Randy, Bill Craft supples, Bill Eldridge The Organizations: Service, Amazon Locations: Temu, Toronto, China

☆ We need to see some real uptake in Microsoft Copilot in 2024, says tech investor Paul Meeks
▼ + stars: | 2024-01-31 | 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 EmailWe need to see some real uptake in Microsoft Copilot in 2024, says tech investor Paul MeeksPaul Meeks, veteran tech investor and professor at the Baker School of Business at The Citadel, joins "Squawk Box' to discuss the earnings results by Microsoft and Alphabet, the decision by a Delaware judge to void the $56 billion compensation package of Tesla CEO Elon Musk, and more.

Persons: Paul Meeks Paul Meeks, Elon Musk Organizations: Microsoft Copilot, Baker School of Business, The, Microsoft, Tesla Locations: Delaware

☆ We could have a new member of the $2 trillion market cap club this week
▼ + stars: | 2024-01-30 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

On Monday, Alphabet closed at a market capitalization of $1.91 trillion, less than $100 billion away from a $2 trillion market cap and trailing Microsoft and Apple with market capitalizations last at $3.03 trillion and $2.91 trillion, respectively. Beyond Alphabet Alphabet is close to entering the $2 trillion club, but other prominent mega-cap tech companies are making progress, too. Amazon's market cap finished Monday at $1.64 trillion. The managing partner also sees Meta Platforms as a future $2 trillion market cap candidate. The maker of sophisticated graphics processing units reached a $1 trillion market cap for the first time only in 2023, when it climbed almost 240%.

Persons: Paul Meeks, Meeks, Merrill Lynch, bode, Gene Munster, Dan Ives, Ives, they're, Deepwater's Munster, Wedbush's Ives, Jensen Organizations: Microsoft, Apple, Merrill, Merrill Lynch Investment, Deepwater Asset Management, Amazon Web Services, Munster, Nvidia Locations: U.S

☆ Are companies beyond Nvidia actually profiting from AI yet? Microsoft earnings to be litmus test
▼ + stars: | 2024-01-23 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

Microsoft earnings due out later this month could serve as the next major test for artificial intelligence as investors hunt for signs that the buzzy technological innovation is actually boosting companies' bottom lines. Nvidia has been an exception, blowing past Wall Street's guidance for the past few quarters due to AI tailwinds . The remarks led some Wall Street analysts to fret over a delayed ramp-up in AI availability. "There are going to be some outliers, but for the most part there is more risk-reward related to AI going into this earnings period." More loosely, Wall Street analysts have expressed concerns about AI monetization and expectations across the sector heading into the fourth-quarter reporting period.

Persons: Paul Meeks, Merrill Lynch, Piper Sandler, OpenAI, Amy Hood, Copilot, Micrsoft, Meeks, Amy Kong, Nancy Tengler, Gene Munster, Corient's Kong, Wolfe, Alex Zukin, Dubravko, Michael Bloom Organizations: Microsoft, Merrill, Merrill Lynch Investment, Nvidia, Wall, Baker School of Business, The, Investments, Asset Management, Munster, Wall Street, Tech Locations: OpenAI, hasn't

☆ Tristan Thompson was suspended from the NBA for a drug violation. Here's why the 2 substances found in his system are banned.
▼ + stars: | 2024-01-23 | by ( Meredith Cash | ) www.businessinsider.com time to read: +3 min

Read previewCleveland Cavaliers big man Tristan Thompson has been suspended without pay from the NBA for 25 games. The two drugs found in Thompson's system — ibutamoren and LGD-4033 — can be used for performance enhancement purposes and may have dangerous side effects. Ken Blaze-USA TODAY SportsAccording to the NIH, ibutamoren is a growth hormone secretagogue, or a substance that promotes the production of growth hormones. Heightened growth hormone in one's system can increase muscle mass, limit body fat, and improve exercise tolerance, per Mayo Clinic. And in 2019, John Collins — then with the Atlanta Hawks — spent 25 games on the sidelines after the league found pralmorelin, another growth hormone secretagogue, in his system.

Persons: —, Tristan Thompson, Ken Blaze, Ibutamoren, Thompson, Knick Joakim Noah, Joakim Noah, Nick Wass, Jodie Meeks, John Collins — Organizations: Service, Cleveland Cavaliers, NBA, Business, NIH, ibutamoren, FDA, NCAA, Doping Agency, New York Knicks, AP, Washington Wizards, Atlanta Hawks —, The Cavaliers, Eastern Conference Locations: Mayo, LGD, New, Cleveland

COUNCIL BLUFFS, Iowa (AP) — Ron DeSantis and Nikki Haley pushed across ice-cold Iowa Saturday to find voters open to an alternative to former President Donald Trump with just two days before the state's caucuses open the Republican primary calendar. DeSantis in particular is under great pressure in Iowa given his campaign's heavy bet on a strong finish in the caucuses. Courtney Raines, a special education teacher, came to hear Haley on Saturday morning and said she would try to see DeSantis later in the day. Carroll Hinchion, a 30-year-old independent, is considering caucusing with Republicans as well and came to hear DeSantis in Council Bluffs. “The Republican caucus that’s going to happen on Monday night is going to send a shockwave.

Persons: Ron DeSantis, Nikki Haley, Donald Trump, Trump, ”, DeSantis, Haley, “ You’re, Michael Durham, braved, Durham, Courtney Raines, “, Raines, Koch, Patti Parlee, Parlee, ” Parlee, Julie Slinger, Joe Biden, Slinger, Carroll Hinchion, Hinchion, Biden, ” Trump, Bob Dole, Kari Lake, that’s, Mariannette Miller, Meeks, Ashley Hinson, Miller, Trump’s, Texas Sen, Ted Cruz, ___ Beaumont, Colvin, Barrow, Meg Kinnard, Hannah Fingerhut Organizations: Republican, Trump, South, Prosperity, Koch Brothers, AFP, ” Independents, Democratic, Democrat, Senate, Associated Press Locations: Iowa, Mississippi, Davenport, New Hampshire, ”, Florida, Bluffs , Iowa, DeSantis, Durham, Bluffs, South Carolina, Urbandale, Iowa City, Arizona, , Iowa, Texas, Miller, Iowa City , Iowa, Urbandale , Iowa, Atlanta, Cedar Falls , Iowa, Davenport , Iowa

☆ Nvidia's stock tripled last year on AI excitement. What to expect as the next stage unfolds
▼ + stars: | 2024-01-08 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

The company's stunning progress garnered the love of Wall Street, with analysts upping their price targets on the stock to account for future growth and naming it among their top AI picks. Nvidia's 'iPhone moment' Few could have predicted the frenzy ChatGPT would create when it debuted in late 2022, but no company could have been better prepared for the excitement than Nvidia. What to expect in 2024 Many on Wall Street don't foresee Nvidia hype dying down in the new year. In fact, many investors expect shares to keep rising as long as the company can smash expectations and guide higher. That's a feat many on Wall Street expect the company to accomplish, with the consensus price target implying another 35% upside for shares, according to FactSet.

Persons: Paul Meeks, Karl Freund, Freund, They've, Kim Forrest, Meeks, there'll, Ken Mahoney, Forrest, they've Organizations: Nvidia, Devices, Research, Bokeh Capital Partners, Intel Locations: Nvidia's

☆ Tech stocks dominated 2023 investing. Here's where the sector finds growth in 2024
▼ + stars: | 2023-12-31 | by ( Samantha Subin | ) www.cnbc.com time to read: +11 min

After 2023's blowout run, it's hard to recall the once gloomy investing setup for technology stocks last December. As the calendar year turns, don't expect technology stocks to match 2023's blowout gains, but the year's performance is no fluke. AI stocks may dominate tech-focused investing, but don't sleep on the other emerging themes. GOOGL YTD mountain Alphabet shares in 2023 Both companies have rolled out new initiatives in the months since. Arm Holdings made headlines this year as one of the first major companies to go public , reviving the IPO market after a roughly two-year drought.

Persons: behemoths, Jay Woods, Mark Zuckerberg, didn't, chipmakers, David Waddell, Everybody's, Copilot, Paul Meeks, Gene Munster, Alphabet's, Meeks, Morgan Stanley, Andrew Slimmon, They're, Slimmon, CNBC's, Wall, Nvidia's, He's, Mahoney, Ken Mahoney, it's, Brent Fredberg, Munster's, Management's Albert Tsuei, Tsuei, William Blair's Jonathan Vo, Keith Weiss Organizations: Federal Reserve, Treasury, Freedom, Microsoft, Waddell & Associates, Oracle, Arista Networks, Morgan, Morgan Stanley Investment, Meta, Nvidia, Devices, Dell, Hewlett Packard Enterprises, Broadcom, Holdings, Micron Technology, Brandes Investment Partners, Micron, Samsung, Taiwan Semiconductor Manufacturing, MGM Resorts, Johnson, Okta, UBS, Management's, Palo Alto Networks, Palo Alto Locations: British, Clorox

☆ The race is already on for Santos’ New York seat as Hochul prepares to announce special election date
▼ + stars: | 2023-12-01 | by ( Gregory Krieg | ) edition.cnn.com time to read: +5 min

Voters will not have a say in choosing the nominees; under New York’s special election rules, they will be selected by the county party leaders. The special election in what is now a battleground district is already being discussed as a key bellwether ahead of the November general election. “House Majority PAC plans to play a significant role in the NY-03 special election,” Mike Smith, its president, told CNN. In this case, those people are Jacobs, who also runs the Nassau County Democrats, and Rep. Gregory Meeks, the Queens County Democratic Party chairman. No matter whom Democratic leaders choose to run in the special election, the party will hold a primary for the general election nomination.

Persons: CNN — George Santos, Kathy Hochul, Santos ’, Tom Suozzi’s, Hochul, Suozzi, Mike Deery, ” Mike Smith, “, ” Santos, Santos, “ We’re, ” Deery, Sen, Jack Martins, Mazi Pilip, Kellen Curry, Mike Sapraicone, Jay Jacobs, Jacobs, Gregory Meeks, Hakeem Jeffries, Andrew Cuomo’s, –, ” Jacobs, Tom, Anna Kaplan, ” Organizations: CNN, New, Congressional District, Voters, Democratic Gov, Democrats, Democratic, Republicans, Nassau County GOP, Republican, House Democratic, PAC, GOP House, ”, New York Police Department, Democratic Party, Nassau County Democrats, Queens County Democratic Party, Brooklyn Democrat, Former, Former New York Locations: New York’s, Queens, Nassau counties, Nassau County, NY, New York City, Nassau, New York, Former New, Washington

☆ NY Democrats to meet tonight to screen potential Santos replacements
▼ + stars: | 2023-12-01 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

Democratic party officials in New York will hold a meeting tonight with at least three potential candidates to replace former GOP Rep. George Santos, who was expelled from the House Friday. Rep. Gregory Meeks, D-N.Y., chairman of the Queens Democratic Party, plans to attend, said Jacobs. County leaders from each party select and internally vote for candidates that will participate in the the special election, according to New York election law. The Queens Democratic Party and a spokeswoman for Meeks did not return emails seeking comment. Suozzi has been in touch with Jacobs before Santos was expelled, pitching himself as that potential selected candidate for a special election contest.

Persons: Representative George Santos, George Santos, Jay Jacobs, Gregory Meeks, Jacobs, Tom Suozzi, Suozzi, Santos, Kathy Hochul, Meeks, Hakeem Jeffries, I've, he's Organizations: Representative, Capitol, Democratic, GOP Rep, Nassau County Democratic Party, CNBC, Queens Democratic Party, Former Democratic, New York Gov, New Locations: Washington , U.S, New York, Nassau, New York's, Queens, Nassau County, D

☆ The strong 'typically get stronger' in the tech sector, says veteran tech investor Paul Meeks
▼ + stars: | 2023-11-20 | 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 EmailThe strong 'typically get stronger' in the tech sector, says veteran tech investor Paul MeeksPaul Meeks, veteran tech investor and The Citadel Baker School of Business professor, joins 'Squawk Box' to discuss the latest market trends, what's driving the latest tech stocks rally, the impact of Fed's rate hike campaign, and more.

Persons: Paul Meeks Paul Meeks Organizations: Citadel Baker School of Business

☆ The advertising environment is getting tougher to navigate. How these investors are trading it
▼ + stars: | 2023-11-01 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

A strong advertising market may be starting to feel the pressure from geopolitical risks erupting aboard and a higher-for-longer interest rate environment. But comments from some major technology players last week led to increasing questions that some investors have struggled to shake off. META 5D mountain Meta shares in recent trading sessions That concern added to declines in other ad-focused technology names, with Alphabet dropping nearly 10%. Instead, Tengler favors companies such as Amazon and Microsoft , which offer some, but less concentrated, exposure to advertising. Technology investor Paul Meeks is also shying away from the most popular advertising players — and big technology as a whole — until he sees a better setup for interest rates.

Persons: Susan Li, Gene Munster, Laffer, Nancy Tengler, Paul Meeks, Meeks, Roth, Rohit Kulkarni, Kulkarni, Michael Bloom Organizations: Apple, Meta, YouTube, Federal, Investments, Microsoft, Technology Locations: Israel, Munster, Ukraine

☆ Rising yields and war: Here's how to trade the volatility, according to fund managers
▼ + stars: | 2023-10-25 | by ( Weizhen Tan | ) www.cnbc.com time to read: +5 min

Market volatility looks here to stay: Yields are still rising, a war is raging, and it's uncertain whether interest rates will stay higher for longer. Go for bonds Though volatility in the bond market has led to losses, some fund managers are saying that it's time to get back into this asset class, given that yields are high. Money market funds typically include short-term Treasurys. Bond yields move inversely to prices — that means a peak in interest rates may signal that bond prices have bottomed. When interest rates rise, bond prices typically fall as existing bonds with lower yields become less attractive.

Persons: Investors, David Katz, Katz, Bryn Jones, there's, Jones, Hide, Paul Meeks, Meeks, Steven Glass, Glass, Marsh McLennan, he's, they're, — CNBC's Michael Bloom Organizations: Treasury, Bank of America, Matrix Asset, CNBC Pro, gilts, U.S . Federal, Treasury Bond ETF, Pella Funds, Group, ASM, Taiwan's Locations: Israel, United States, China, U.S, Pella, Germany, Netherlands

☆ Alphabet shares plummet after cloud revenue falls short. What the pros say to do next
▼ + stars: | 2023-10-25 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlphabet shares plummet after cloud revenue falls short. What the pros say to do nextJim Cramer, veteran tech investor Paul Meeks, Michael Morris of Guggenheim Securities, Stephanie Link of Hightower Advisors and Jason Snipe of Odyssey Capital Advisors discussed Alphabet after the company reported third-quarter results that beat on the top and bottom lines but missed on cloud revenue estimates.

Persons: Jim Cramer, Paul Meeks, Michael Morris, Stephanie Link, Jason Snipe Organizations: Guggenheim Securities, Hightower Advisors, Odyssey Capital

☆ These 16 lawmakers did not vote for a House resolution supporting Israel after the Hamas attacks
▼ + stars: | 2023-10-25 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

The House passed a resolution in support of Israel in the wake of the Hamas attack. AdvertisementAdvertisementThe House of Representatives on Wednesday passed a resolution in support of Israel by an overwhelmingly 412-10-6 margin following the October 7 attack by Hamas. Over a dozen progressive Democrats — and one Republican — voted "nay" or "present." The bipartisan resolution, drafted by Republican Rep. Michael McCaul of Texas and Democratic Rep. Greg Meeks of New York, is a largely symbolic gesture. Furthermore, several progressives have described Israel as an "apartheid state," a description also employed by several international human rights organizations.

Persons: Mike Johnson, —, Republican —, Mike Johnson of, Michael McCaul of, Greg Meeks, Israel, Waleed Shahid, Sen, Bernie Sanders, Thomas Massie, Jamaal Bowman, Cori Bush, Andre Carson, Al Green, Summer Lee, Alexandria Ocasio, Cortez, Ilhan Omar, Delia Ramirez, Rashida Organizations: —, Service, Republican, Republican Rep, Democratic, Justice, Vermont, New York Rep, Missouri Rep, Indiana Rep, Texas Rep, Pennsylvania Rep, Kentucky Rep, Cortez of New York Rep, Minnesota Rep, Illinois Rep Locations: Israel, Mike Johnson of Louisiana, Michael McCaul of Texas, New York, States, Gaza, Kentucky, Missouri, Alexandria, Cortez of, Minnesota, Michigan

☆ Alphabet is a pretty compelling buy 'right now, today', says veteran tech investor Paul Meeks
▼ + stars: | 2023-10-25 | 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 EmailAlphabet is a pretty compelling buy 'right now, today', says veteran tech investor Paul MeeksPaul Meeks, veteran tech investor and professor at The Baker School of Business at The Citadel, joins 'Squawk Box' to discuss quarterly earnings results from Alphabet and Microsoft, with both companies reporting better expected earnings and revenue but Google's cloud revenues missing estimates, the impact of rate hikes and other factors facing the tech sector, and more.

Persons: Paul Meeks Paul Meeks Organizations: The Baker School of Business, The, Microsoft

☆ 'We're wiser': US Republican women candidates steer clear of speaker fight
▼ + stars: | 2023-10-25 | by ( Moira Warburton | ) www.reuters.com time to read: +2 min

"We're wiser," said Representative Cathy McMorris Rodgers, a former chair of the Republican House Conference. Women make up 15% of the voting members of the House Republican party - compared to the 43% of House Democrats - and none have put themselves forward as speaker. 4 Republican, Representative Elise Stefanik of New York, has so far not put herself forward for the top job, standing by as she's watched others try and fail to unite the party's factions. "Republican women are too smart to get involved in the shenanigans that have been taking place the last few weeks," Representative Kat Cammack said on Tuesday. Only one has received any votes on the House floor - Representative Kay Granger, who was nominated by fellow Congresswoman Mariannette Miller-Meeks.

Persons: Cathy McMorris Rodgers, Tom Brenner, Kevin McCarthy, McCarthy, Nancy Pelosi, Elise Stefanik, she's, Kat Cammack, Kay Granger, Mariannette Miller, Meeks, It's, Lori Chavez, DeRemer, Nicole Malliotakis, Moira Warburton, Scott Malone, Stephen Coates Organizations: U.S . Rep, Energy, Commerce, Capitol, REUTERS, Rights, House, Representatives, Republican, Republican House Conference, House Republican, Democrats, Thomson Locations: Washington , U.S, New York

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