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☆ Russia jails U.S. citizen for six years for kidnapping son
▼ + stars: | 2024-09-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +1 min

MOSCOW — A court in Russia’s Kaliningrad region said it had sentenced a U.S. citizen to six years in jail and fined him for 100,000 roubles ($1,078) for kidnapping his son, after he tried to leave Russia with the child without permission from the boy’s mother. The court said that the U.S. citizen, Daniel Joseph Schneider, tried to leave Russia with his four-year-old son, who is a Russian citizen, on July 29, 2023. Schneider was detained near Poland by Russia’s border service while trying to cross the Russian border in a forest swamp, the court said. Russian state TV channel Vesti said that Schneider had tried to get permission from the child’s mother to take him abroad but that she refused. In August, Russia, the United States and several other countries carried out a major prisoner exchange, which involved 24 prisoners — 16 moving from Russia to the West and eight sent back to Russia from the West.

Persons: Daniel Joseph Schneider, Schneider Organizations: MOSCOW, . Locations: Russia’s Kaliningrad, Russia, Russian, Poland, Russia’s, United States

☆ Sarco suicide pod: Arrests after American woman dies in Switzerland in controversial machine
▼ + stars: | 2024-09-24 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Zurich, Switzerland Reuters —Swiss police have arrested several people after a controversial futuristic-looking capsule designed to allow its occupant to commit suicide was used for the first time, authorities said on Tuesday. Police in the northern canton of Schaffhausen bordering Germany said the so-called “Sarco” capsule had been deployed in a wood in the municipality of Merishausen on Monday. Willet was the only other person present when the woman ended her life, the spokesperson said. In a statement issued by The Last Resort, Willet had described the death as “peaceful, fast and dignified.”The Last Resort spokesperson said the woman had passed psychiatric evaluations prior to ending her life. It is the brainchild of Philip Nitschke, an Australian physician famous for his work on assisted suicide since the 1990s.

Persons: ”, Florian Willet, Willet, Philip Nitschke, Elisabeth Baume, Schneider Organizations: Switzerland Reuters — Swiss, . Police, Prosecutors Locations: Zurich, Switzerland, Schaffhausen, Germany, Merishausen, Dutch, Swiss

☆ Battleground stocks: Wall Street is completely divided on these controversial names
▼ + stars: | 2024-09-19 | by ( Brian Evans | ) www.cnbc.com time to read: +4 min

Forty-one percent of analysts polled by FactSet have a buy rating on Tesla stock, while 21% have a sell rating. About 43% of analysts surveyed by FactSet maintain a buy rating on IBM stock, but 21% are at a sell. He also noted that the risk-to-reward skew on IBM stock is more balanced, leaving less upside for the stock. IBM YTD mountain IBM stock. Goldman Sachs recently added IBM to its conviction list with a $220 price target, or 2% above where shares closed Wednesday.

Persons: Tesla, TSLA, Wolfe Research's Emmanuel Rosner, Rosner, Morgan Stanley, Adam Jonas, Jonas, Elon Musk, Bernstein's Toni Sacconaghi, Sacconaghi, Goldman Sachs, Jim Schneider, Campbell Soup Organizations: CNBC Pro, FactSet, U.S, automakers, IBM, Pepperidge

☆ I compared ice cream, soft serve, frozen yogurt, and frozen custard to see how different they actually are
▼ + stars: | 2024-09-19 | by ( Meredith Schneider | ) www.businessinsider.com time to read: +1 min

I reviewed the differences between vanilla ice cream, soft serve, frozen yogurt, and custard. Ice cream and frozen custard are the most similar in terms of how they're made. I don't think there's anything better than a scoop of regular ice cream. Go to newsletter preferences Thanks for signing up! Everyone has their preferences, but I still don't really know what distinguishes ice cream from soft serve, frozen yogurt, or frozen custard.

Persons: they're, — Organizations: Service, Business

☆ How real estate's Alexander brothers got away with decades of alleged sexual assault: 'They are a menace.'
▼ + stars: | 2024-09-18 | by ( Katie Warren | ) www.businessinsider.com time to read: +34 min

Even as teenagers, the three Alexander brothers were notorious for being predatory, according to multiple people who knew them at the time. AdvertisementHofeldt said she'd seen the Alexander brothers around at parties before she met them during the 2003-2004 school year. Several months after the assault, Hofeldt invited the brothers' friend Julian Cohen to her house in the middle of the night. Oren Alexander and Howard Lorber at a party at Sir Ivan's Castle in the Hamptons in July 2011. The Alexander brothers have been accused by multiple people of assaulting women in tandem on numerous occasions.

Persons: she'd, Oren, Alon Alexander, Alon, —, Aaron Davidson, Alexander, Tal, Douglas Elliman, Kate Whiteman, Rebecca Mandel, Whiteman, Mandel, Angelica Parker, Renée Willett, Evan Torgan, Hunter Abrams, James, Shlomy, Orly, Michael M, Abby Hofeldt, choo, Rae Rae, Hofeldt, clotheslined, Gavin, they'd, Hofeldt's, Margo Hofeldt, Abby, Julian Cohen, Felix Cohen, Shlomy Alexander, Elliman, Douglas, Howard Lorber, Lorber, Oren Alexander, Steven Henry, Sir Ivan, Howard, Howard's, Oren's, James Ferraro, Ferraro, Ken Griffin, Bart's, Dina Goldentayer, Sean Zanni, Patrick McMullan, Barbara Fox, Beckford, Fox, Douglas Elliman's Erik Schneider, Jeff Miller, Brown Harris Stevens, Ken Griffin's, Griffin, Tal didn't, Douglas Elliman's, Gary Hershorn, Tal masturbated, texted Oren, Oren didn't, hadn't, Justin Ross Lee, he'd, Scott Roth, Lee, Matthew Peyton, Beth, Alon messaged Beth, Instagram, Beth messaged Alon, Beth Beth's, Floyd Mayweather Jr, Conor McGregor, Michael Stern, Stern, Mayweather, McGregor, Marc Patrick, what's, Sara Militello, Nicole Oge, Deanna Paul, Daniel Geiger Organizations: East Hampton, Business, Getty, Deal, FBI, Street Journal, Kent Security, Krop, High School, North Miami Beach, Miami Country Day, Miami Country Day School, Bacardi, University of Colorado, University of Maryland, Hofstra University, Sir, Hamptons, Manhattan, Forbes, Miami Beach, Douglas Elliman's, Real, New York Fashion, Art Basel, Vogue, Bath Club Estates, New York, Fox Residential, Board, New, Faena, Street, BI, Miami Herald, Tal, Peaceman Productions, UFC, Las Vegas, JDS, Brooklyn Tower, Stern of JDS, New York Post Locations: Long, Florida, Soho, Las Vegas, New York City, New York, Miami, South Florida, Orly Alexander, Israel, North Miami, Krop, Aventura, Hofeldt, Boulder, Sir Ivan's, Manhattan, Dominican Republic, Malibu, St, Brazilian, Elliman, Bath, New, Corcoran, Southampton, Water, East Hampton, Instagram, Teterboro , New Jersey, Las, Vegas, Teterboro, Brooklyn, what's

☆ Nvidia vs. Alphabet: Fund manager reveals which to hold, and which to sell
▼ + stars: | 2024-09-18 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

Google-parent Alphabet has long been an investor favorite among tech stocks, but one portfolio manager says he's now steering clear. Shares in Alphabet are up around 13% year-to-date and trade around 20.6 times forward earnings, according to FactSet data. 'Core investments' Beyond Alphabet, Cvetanovski remains bullish on other tech stocks, naming Nvidia , Vertiv , ASML , Taiwan Semiconductor Manufacturing Co and Schneider Electric as his "core investments." Nvidia is trading at over 41 times forward earnings, according to FactSet data. Analysts' average price target is $149.49, giving it 28% potential upside, FactSet data shows.

Persons: he's, We've, SearchGPT, Jordan, OpenAI, Cvetanovski, we've, — CNBC's Jennifer Elias Organizations: Google, Microsoft, Pella Funds, Apple, Nvidia, Taiwan Semiconductor Manufacturing Co, Schneider Electric Locations: Sydney, Pella, Cvetanovski, ASML

Pop star Demi Lovato is asking her fellow former child stars a tough question: Is the price of fame worth your childhood? In “Child Star,” which debuted Tuesday on Hulu, Lovato interviews fellow celebrities who grew up in the limelight about the highs and lows of fame at a young age. “Child Star” also promises an “intimate look” at child stardom.” Here’s what the actors said about how fame affected them. She also said the amount of work child actors get can depend on how “easy” children and their parents appear. They created a podcast called “Dear Hollywood” analyzing the effect of fame on child development.

Persons: Demi Lovato, Lovato, Drew Barrymore, Christina Ricci, Kenan Thompson, JoJo Siwa, Alyson Stoner, Dan Schneider’s, ”, Nicola Marsh, “ Barney, ” —, Rock ”, Sonny, ” Lovato, “, Demi Lovato’s, Disney Lovato, Nobody, Stoner, Symoné, Thompson, ’ Thompson, Burger, “ Kenan, Kel, “ It’s, ” Thompson, didn’t, Ricci, “ Casper ”, ” Ricci, Cher, Barrymore, “ E.T, Steven Spielberg, ” Barrymore, ” Stoner, Missy Elliott’s, Zack, Cody, Phineas, Ferb, Raven, They’re, ” Siwa, Siwa, JoJo Organizations: Hulu, Kids, Nickelodeon, Apple, Showtime, Disney, Rock, Disney Channel, Protection, “, Black Locations: Europe, Omaha , Nebraska

☆ Sam’s Club will raise pay to catch up with Costco
▼ + stars: | 2024-09-17 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

New York CNN —Sam’s Club said Tuesday it will raise pay to incentivize workers to stay with the company — and not jump ship to Costco. Sam’s Club, the membership club arm of Walmart, will increase its minimum wage to $16 starting in November from $15 an hour. To keep and grow its membership, Sam’s Club must meet a higher bar for customer service than retailers open to everyone. “The thing that we’re trying to do here is create good jobs that turn into great careers,” Sam’s Club CEO Chris Nicholas told CNN. Warehouse clubs have also boomed since the pandemic in 2020, and Sam’s Club, Costco and BJ’s Wholesale Club have added millions of new members.

Persons: ”, Chris Nicholas, “, Daniel Schneider, Schneider, Sam’s, Sam’s Club’s, ” Nicholas Organizations: New, New York CNN — Sam’s, Costco, Sam’s, Walmart, Sam’s Club, ” Sam’s, CNN, “, Harvard University, BJ’s Wholesale Locations: New York, United States

☆ Aldi is the cheapest place for me to get groceries. These 13 products make it easy to stick to my budget.
▼ + stars: | 2024-09-17 | by ( Meredith Schneider | ) www.businessinsider.com time to read: +1 min

Aldi has one of the best grocery selections at a fraction of the price of other stores. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . It's easily the cheapest chain near me, and it's one of the fastest-growing grocery stores in the US. Here are my favorite Aldi products that help me stick to my budget.

Persons: —, It's Organizations: Aldi, Service

☆ Cooling needs and more: Jefferies names global stocks to buy driven by AI data center demand
▼ + stars: | 2024-09-17 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

That also means that AI data centers are growing fast — as is the demand for them. That in turn is set to drive up the demand for cooling systems for data centers. We believe the demand for liquid cooling for AI data centers should sustain for the following 5-10 years, driven by continuous iteration of AI chips and rising heat dissipation requirements," Jefferies said in a Sept. 10 report. Cooling services have been said to improve power efficiency in data centers and, by extension, cost efficiency. Envicool Technology : Jefferies expects data center cooling sales in Southeast Asia to contribute one-third of such sales for the Chinese firm.

Persons: Jefferies, — CNBC's Michael Bloom Organizations: Jefferies, Stock, Schneider Electric, Technology, PSU, Nvidia Locations: China, Southeast Asia

A national debt crisisAmericans are facing a credit card debt crisis, with millennials and Gen Z at the forefront of the struggle. If you're a consumer with average credit who tends to carry a credit card balance, McCarthy recommends seeking options for lower-interest repayment. If the Fed lowers interest rates as anticipated, you can expect personal loan interest rates to drop slightly, regardless of your credit score. "Many consumers struggling with high-interest debt have expressed confusion surrounding credit card APRs, and credit card companies are happy to keep it that way." "Many consumers believe that making the minimum payment is an effective way to manage their credit card debt," Elliot said.

Persons: —, Z, James McCarthy, McCarthy, Jeremy Schneider, Schneider, Sophia Bera Daigle, Daigle, you've, Mark Elliot, Elliot Organizations: Federal, Service, Federal Reserve, Consumer Financial Protection Bureau, National Foundation, Credit, JPMorgan Chase, Capital Locations: millennials, U.S

☆ The Nestle board have decided now is the time for leadership change, analyst says
▼ + stars: | 2024-08-23 | 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 EmailThe Nestle board have decided now is the time for leadership change, analyst saysJon Cox, head of European consumer equities at Kepler Cheuvreux, discusses Mark Schneider's decision to step down as Nestle CEO.

Persons: Jon Cox, Mark Schneider's Organizations: Nestle, Kepler

☆ Danny Jansen to join Red Sox’s lineup at start of suspended game vs. Blue Jays, play for both teams
▼ + stars: | 2024-08-23 | by ( Jen Mccaffrey | Kaitlyn Mcgrath | ) www.nytimes.com time to read: +2 min

The Boston Red Sox and Toronto Blue Jays will resume a June 26 game that was suspended for rain in what will be the first game of a doubleheader on Monday. Back in June, Jansen, then playing for the Blue Jays, was at the plate with one out and one on in the top of the second when the game was suspended. “I don’t even know how this works,” Jansen said when asked about the suspended game after he’d been traded to Boston. The Blue Jays will have some funky developments in the game, too. Though the suspended game will end on Aug. 26, it will be officially recorded as having taken place on June 26 in the record books.

Persons: Danny Jansen, Jansen, Alex Cora, ” Jansen, he’d, “ I’ve, Jayson Stark, John Schneider, Jose Berríos, Yariel Rodríguez, Berríos, Rodríguez, Paul Rutherford Organizations: Major League Baseball, Fenway, Boston Red Sox, Toronto Blue Jays, Blue Jays, Red Sox, Jays, Getty Locations: Boston

☆ Nestle CEO departure seen as 'not such a bad thing' for investors, analyst says
▼ + stars: | 2024-08-23 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

LONDON — Investors may think that the replacement of Nestle CEO Mark Schneider with company veteran Laurent Freixe is "not such a bad thing," analyst Jon Cox said Friday. "I think confidence has been severely hit in the case and particularly in Schneider," he told "Squawk Box Europe." "I presume most people will think it's not such a bad thing at this point for Schneider to go," he said. Freixe, who joined Nestle in 1986 and served most recently as executive vice president and CEO of the Latin America unit, will take over from Sept. 1. The company has struggled to retain market share as consumers have shifted away from labelled products amid inflationary pressures.

Persons: Mark Schneider, Laurent Freixe, Jon Cox, Cox, Kepler Cheuvreux, Schneider, Freixe, Laurent, Nestlé, Paul Bulcke Organizations: Nestle, Kepler, CNBC, America Locations: Schneider, London, Swiss

☆ Elle King talks 'toxic' relationship with father Rob Schneider, says he's 'just not nice'
▼ + stars: | 2024-08-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +2 min

Elle King opened up about her tumultuous relationship with her father, Rob Schneider, in a recent appearance on Bunnie XO’s “Dumb Blonde” podcast. “I disagree with a lot of the things that he says,” King said of Schneider. “You’re talking out of your ass and you’re talking s--- about drag and, you know, anti-gay rights. A big source of tension between King and Schneider was her appearance, with King’s weight and tattoos being the biggest instigators. My dad sent me to fat camp…and then I got in trouble one year because I sprained my ankle and didn’t lose any weight,” King explained.

Persons: Elle King, Rob Schneider, Oh’s, Schneider’s, ” King, Schneider, “ You’re, ”, Leonardo da Vinci’s, Jesus, “, ” Schneider, King, “ He’s

☆ How bond experts recommend positioning for lower interest rates
▼ + stars: | 2024-08-12 | by ( Anna Gleason | ) www.cnbc.com time to read: +1 min

Investors may want to start preparing now to earn lower yields on their cash. With the Federal Reserve signaling it could cut interest rates in September, Pimco's Jerome Schneider sees a major disadvantage in holding on to cash as money market yields come down. "You're finding yourself moving from a 5% risk-free rate to a 3.5% risk-free rate pretty quickly on that cash," the firm's head of short-term portfolio management told CNBC's "ETF Edge" last week. The 100 largest money market funds are still offering a competitive return on cash at 5.12%, as of Sunday, per Crane Data. "Move to those ultra-short ETF strategies, low-duration ETF strategies, even the bond and core ETF strategies that have actively managed components," he said.

Persons: Pimco's Jerome Schneider, Schneider, it's Organizations: Federal, Treasury

How Close Are the Planet’s Climate Tipping Points? How close today’s ice is to suffering the same fate is something scientists are still trying to figure out. Sudden Shift in the West African Monsoon0 +3 +6 +9 +12 +16 +18˚F WE ARE HERE Degrees of warming 0 +3 +6 +9 +12 +16 +18˚F WE ARE HERE Degrees of warming 0 +3 +6 +9 +12 +16 +18˚F WE ARE HERE Degrees of warmingAround 15,000 years ago, the Sahara started turning green. When it might happen: Hard to predict. “With every gram of additional CO2 in the atmosphere, we are increasing the likelihood of tipping events,” he said.

Persons: ”, Tapio Schneider, “ It’s, David Holland, Niklas Boers, “ Organizations: California Institute of Technology, West Antarctic, New York University, Animals, Amazon, Technical University of Munich, Potsdam Institute, Climate Impact Locations: Western Canada, Alaska, Siberia, Greenland, Antarctica, Sahara, North Africa, East Africa, Africa, Caribbean, Europe

☆ Best Amazon back-to-school supplies 2024
▼ + stars: | 2024-08-09 | by ( Bethany Heitman | Bethany Heitman Is A Contributing Editor At Nbc Select. | ) www.nbcnews.com time to read: +12 min

SKIP AHEAD Classroom supplies | Lunch boxes, water bottles and backpacks | Dorm essentials | TechThe best back-to-school supplies from AmazonTo curate a list of the best back-to-school supplies from Amazon, we focused on items that have been recommended to us previously by experts or with a minimum of a 4.0-star average rating. Classroom supplies for back-to-schoolThese notebooks, which have a 4.7-star average rating from over 2,500 reviews on Amazon, come in a set of 6. This pack of pens has a 4.7-star average rating from over 43,000 reviews on Amazon. This case has a 4.7-star average rating from over 12,675 reviews on Amazon. Look no further than this model from Texas Instruments, which has a 4.7-star average rating from 2,556 reviews on Amazon.

Persons: bento, Lindsay Schneider, Keurig, you’ll, Bethany Heitman, TikTok Organizations: Target, Walmart, Amazon, Texas Instruments, NBC, Tech, MacBook, Bluetooth, AA, Kindle, Facebook, Twitter Locations: Amazon, sharpener, Rockland

☆ Investors should consider moving out on the Treasury curve today, says BondBloxx co-founder
▼ + stars: | 2024-08-05 | 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 EmailInvestors should consider moving out on the Treasury curve today, says BondBloxx co-founderJoanna Gallegos, BondBloxx co-founder and COO, and Jerome Schneider, Pimco managing director and PIMCO Active Bond ETF manager, join CNBC’s Bob Pisani on ‘ETF Edge’ to discuss the market volatility and how it’s weighing on bonds. They also debate how investors should position in bonds heading into the fall.

Persons: BondBloxx, Joanna Gallegos, Jerome Schneider, Pimco, Bob Pisani Organizations: Investors, Treasury

☆ I ordered the same 6 drinks at Dunkin' and Dutch Bros Coffee, and the pricier chain just barely came out on top
▼ + stars: | 2024-08-05 | by ( Meredith Schneider | ) www.businessinsider.com time to read: +1 min

I compared six beverages at Dutch Bros Coffee and Dunkin'. Dutch Bros took the lead on most of the drinks, but Dunkin' still does caramel coffee best. I can't wait to return to Dutch Bros for oat-milk lattes, iced mochas, and cold brews. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDunkin' and Dutch Bros are currently at the top of my coffee-shop rotation.

Persons: Dunkin, — Organizations: Bros, Service, Business Locations: Massachusetts, The Oregon

☆ Republicans for Harris launches, aiming for Biden-like appeal to anti-Trump voters
▼ + stars: | 2024-08-04 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +7 min

Weatherford had just started gearing up with the Republicans for Biden effort in June when the race took a turn. Bill Weld (the 2016 Libertarian nominee for vice president who then challenged Trump in the 2020 Republican primary), former New Jersey Gov. Harris aides have quickly announced changes to many of her previous more liberal positions. A print production specialist at a print shop in Tucson, Arizona, cuts a run of yard signs in support of Vice President Kamala Harris' presidential campaign on July 25, 2024. “We want Republicans talking to Republicans,” Weatherford said, “because we think that’s the best way to make it work.”

Persons: Biden, Harris, Joe Biden’s, Kamala Harris, Donald Trump, Trump, Biden spiraled, Nikki Haley, ”, Austin Weatherford, Adam Kinzinger of, Weatherford, “, Bill Weld, Christie Todd Whitman, Kinzinger, Denver Riggelman, Joe Walsh, Stephanie Grisham, Claudine Schneider, ” Schneider, creaked, Rebecca Noble, Reuters “ Harris, ” Weatherford, Schneider, Republicans “, Abraham Lincoln, Teddy Roosevelt, Ronald Reagan, hadn’t, Gov, Geoff Duncan, Harris didn’t, George W, Bush, Mike Pence, Biden’s, ” Pence, Pence, MAGA Organizations: CNN, Democratic, Republicans, Trump, Biden, GOP, Republican, Massachusetts Gov, New, New Jersey Gov, Virginia Rep, Denver, Illinois, Former Rhode Island, Green New, Reuters, Democrats, Senate, Republican Party, Weatherford Locations: San Francisco, Adam Kinzinger of Illinois, Arizona , Pennsylvania, North Carolina, Massachusetts, New Jersey, Colorado, Tucson , Arizona, Georgia, Atlanta, Milwaukee

☆ I've been a professional hair and makeup artist for years. I swear by these 10 Dollar Tree products.
▼ + stars: | 2024-08-02 | by ( Meredith Schneider | ) www.businessinsider.com time to read: +1 min

I was a hair and makeup artist for over six years, and I buy several beauty products at Dollar Tree. The budget variety store stocks some of my favorite lip oils, eyeliners, and masks. I also keep my hair supplies stocked with the help of Dollar Tree's comb and elastic selections. AdvertisementAs a professional hair and makeup artist, you have to keep your kit updated with the latest colors, products, tools, and accessories. The discount variety store isn't anything like the dollar stores I grew up going to.

Persons: —, I've Organizations: Service, Business

☆ Morgan Stanley says Nvidia's GPU cooling needs are a $4.8 billion opportunity, names stocks to benefit
▼ + stars: | 2024-08-01 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

"We believe liquid cooling solution for NVDA's GB200 server rack system in data centers can create a US$4.8bn [total addressable market] by 2027," it said. By enhancing thermal design power and more, such liquid cooling systems save between 10% and 15% on capital expenditure, according to Morgan Stanley. "Heat flow knowhow, precision requirements and time-to-market delivery are key winning factors in this space," said Morgan Stanley analysts. It said it likes Taiwanese firm Delta as it believes its liquid cooling solution will add an additional $280 million in AI cooling revenue in 2025. "Our supply chain checks suggest AVC is the reference design for cold plate for NVIDIA's GB200 server rack liquid cooling system," it added.

Persons: Morgan Stanley, Morgan, PUE, — CNBC's Michael Bloom Organizations: Stock, Companies, Schneider Electric, Delta Electronics, New, Nvidia Locations: Delta, New Taiwan

☆ Rising oil prices will prompt a return to EVs: Analyst
▼ + stars: | 2024-08-01 | 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 EmailRising oil prices will prompt a return to EVs: AnalystMichele Schneider of Marketgauge.com says markets should be focusing on "small-caps, gold and tech" right now, and adds that 2025 will be the year of EVs.

Persons: Michele Schneider, Marketgauge.com Locations: EVs

☆ Seeing growth in China despite economic slowdown, Schneider Electric CEO says
▼ + stars: | 2024-07-31 | 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 EmailSeeing growth in China despite economic slowdown, Schneider Electric CEO saysPeter Herweck, CEO at Schneider Electric, discusses the firm's second-quarter results which have been the best in the company's history.

Persons: Peter Herweck Organizations: Schneider Electric Locations: China

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