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☆ Are Black Friday deals worth waiting for? Here's what to expect this year
▼ + stars: | 2024-11-16 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

A customer visits Macy's Herald Square store in New York City during early morning Black Friday sales, Nov. 24, 2023. Consumers are increasingly concerned that their online orders may not arrive in time for the holiday — and rightfully so. What discounts to expect on Black Friday"You are easily going to see 20% to 30% off," Davis said — but "not necessarily storewide." What not to buy on Black FridayTypically, Black Friday is a great time to find rock-bottom prices on fall clothing — including flannels, denim, coats and accessories — as well as televisions and consumer electronics. Travelers can check out Travel Tuesday deals from 2023 to get an idea of what to expect this year.

Persons: Kena Betancur, Patrick Kelleher, Lauren Beitelspacher, Beitelspacher, we've, Davis, Lululemon, Woroch Organizations: Macy's Herald, Consumers, DHL Supply, North, CNBC, Babson College, Nike, Day, Labor Locations: New York City, North America

Black Friday is on Nov. 29, 2024, and Cyber Monday is on Dec. 2, 2024. Many retailers’ early Black Friday and Cyber Monday sales have already begun, including at Walmart, Home Depot and REI. While shopping Black Friday and Cyber Monday, don’t forget to poke around subscription services and travel sites for deals, says Shand. Black Friday and Cyber Monday shopping tipsPlanning is key to shopping Black Friday and Cyber Monday. Don’t wait to buy what’s on your wishlistDuring Black Friday and Cyber Monday, shopping traffic peaks online and in stores.

Persons: it’s, I’ll, You’ll, Mackenzie Shand, they’re, Shand, ”, Vipin Porwal, Porwal, don’t, We’ve, you’re, Black, can’t, you’ll, that’s, TikTok Organizations: NBC, Walmart, Home, Retailers, Black, Apple, Nintendo, Products, Tech, Brands, Target, Costco, Facebook, Twitter Locations: REI

☆ Wall Street looks for Nvidia to take the baton from election trades to keep rally alive in the week ahead
▼ + stars: | 2024-11-15 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

What exactly President-elect Donald Trump's second term means for the stock market will be the question investors continue to grapple with in the week ahead. Nvidia earnings results will also be on deck as investors deal with stubbornly high interest rates as well. The Dow Jones Industrial Average surged past 44,000 for the first time ever, and the S & P 500 and the Nasdaq Composite similarly posted new records. Sales of Blackwell and Grace Blackwell are expected to start to show up in results next year. The SPDR S & P Regional Banking ETF has surged 11% this month.

Persons: Donald Trump's, Jimmy Chang, Jensen Huang, CNBC's, Blackwell, Grace Blackwell, Harsh Kumar, Piper Sandler, Kumar, Jensen, Donald Trump, Robert F, Kennedy Jr, Novavax, Ken Mahoney, Trump, There's, Mahoney, Rockefeller's Chang, Chris Rupkey, Jerome Powell Organizations: Dow Jones, Nasdaq, Rockefeller Global Family, Treasury, Nvidia, Blackwell, Health, Human Services Department, Moderna, Asset Management, Regional Banking ETF, Federal, White, FWDBONDS, Housing, Walmart, Lowe's, Palo Alto Networks, Philadelphia Fed, . Kansas City Fed Manufacturing, Ross Stores, Intuit, Deere, PMI, PMI Manufacturing, PMI Services Locations: China, U.S, NAHB, . Kansas, Michigan

☆ Why Home Depot made an $18.25 billion bet on the pro business
▼ + stars: | 2024-11-15 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +7 min

In both of the past two quarters, Home Depot's revenue would have fallen year over year if SRS' sales were excluded. Melissa Repko | CNBCA jolt to the businessFor Home Depot, the expansion into the pro business comes at a challenging time. With housing turnover near its lowest in decades, the pro business has also felt pressure. Grom said Home Depot's growing pro business is what helps to attract investors and set it apart from its main competitor, Lowe's . The SRS deal and the focus on pro does not mean Home Depot is abandoning efforts to jolt the rest of its business.

Persons: Melissa Repko, Ted Decker, Decker, Dan Tinker, Joe Feldman, Chuck Grom, Gordon Haskett, Group's Feldman, it's, Grom, Tinker Organizations: Texas Pool Supply, CNBC, Depot, Home Depot, Telsey Advisory, Home, Federal Reserve, Lowe's Locations: Texas, CNBC PLANO , Texas, Dallas, Atlanta, Los Angeles, U.S

☆ A fluffy, $85 toy is taking Asia by storm and sparking legions of knockoffs. Inside the meteoric rise of Labubu.
▼ + stars: | 2024-11-15 | by ( Aditi Bharade | Erin Liam | ) www.businessinsider.com time to read: +9 min

The Labubu and Pop Mart phenomenonLabubu dolls at the opening of a Pop Mart store in Bangkok. AdvertisementIn a statement to BI, a representative from Pop Mart said that Labubu has gained a strong global fan base. Advertisement"There's a bit of a 'FOMO' feeling," said Sim, 31, who owns around six Labubu toys. She has around 17 Labubu toys and said she spent over $10,000 on them. Once, she even camped outside a Pop Mart store for the latest drop.

Persons: —, Grace Lee, Lee, ─, Joey Khong, Khong, Bangkok . Sun Weitong, Lung, it's restocked, Tony Lee, Mart doesn't, Taobao, Erin Liam, Lisa, Juda, Kanaprach, Gen Zers, They're, Labubu, It's, Sim Pei Yi, Sim, Ana Gonzales, she's, Gonzales, Tracy Hsu, Lisa —, Hsu Organizations: Service, Getty, Business, Pop, Pop Mart, Daxue Consulting, Southeast, Insight, Singapore, Mart Locations: Asia, Bangkok . Sun, Xinhua, Hong Kong, Beijing, Singapore, Pop, Southeast Asia, Japan, South Korea, China, Philippines, New Jersey, California, Canada

☆ 7 US stocks set to rally from Trump tariffs
▼ + stars: | 2024-11-15 | by ( Christine Ji | ) www.businessinsider.com time to read: +4 min

AdvertisementThere's been a lot of buzz about how president-elect Donald Trump's proposed tariffs could negatively impact some of the market's biggest names. However, for every company losing out from Trump's tariffs, there's another set to benefit from the red wave election outcome. Another big winner from tariffs and Trump policies in general is the financial sector. These businesses will experience minimal impact from tariffs while also benefitting from lower corporate taxes, which Gardner expects to go down under Trump. AdvertisementGarner and Rines shared some stocks they believe will benefit the most from Trump's proposed tariffs.

Persons: Trump's, —, There's, Donald Trump's, David Bianco, Trump, Bianco, Banks, Clayton Gardner, Gardner, Samuel Rines, Rines, Biden, Garner Organizations: Service, Biden, Trump, Ford, Companies Locations: China, America, Kentucky, Tennessee

☆ From clothes to computers, 6 things expected to get more expensive if Trump's trade plans are enacted
▼ + stars: | 2024-11-15 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +10 min

If implemented, Americans could see prices rise across several product categories. AdvertisementBased on analyses from economists and trade experts, here are the goods that could become more expensive for Americans under Trump's tariff proposals. AdvertisementSome retailers have already announced preparations to increase prices should Trump's tariff plans go into effect. AdvertisementGold said it's unlikely Trump's tariffs would go into effect on day one or day two, and "it's tough to say right now at what point consumers would feel the impact." AdvertisementA report from centrist think tank ThirdWay said that Trump's tariff proposals analyzed eight common purchases that the US either heavily imports or is unable to produce domestically.

Persons: Donald Trump, Trump, —, Mary Lovely, Lovely, There's, Joe Biden, Jonathan Gold, it's, Karoline Leavitt, Tim Boyle, Gold, Philip Daniele, Daniele, Shinji Aoyama, Henrik Elm, Elm, Taylor Rogers Organizations: Trade, Service, Peterson Institute for International Economics, Trump, Consumers, National Retail Federation, Retailers, Bank of America, Columbia, Washington Post, Electronics, Consumer Technology Association, CTA, Honda, General Motors, Ford, Inter Ikea —, Ikea, Reuters, NPR, International Trade Commission, Republican National Committee Locations: China, Mexico, Europe

☆ Get more active to extend your life expectancy, study suggests
▼ + stars: | 2024-11-15 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

Increasing your physical activity levels could extend your life by several years, a new study has found. skynesher/E+/Getty ImagesMany studies have examined the connections between physical activity and longevity. The activity levels in that study were measured with accelerometers — wearable activity-tracking devices. Total activity levels in the lowest quartile were equivalent to walking for 49 minutes at roughly 3 miles (4.8 kilometers) per hour daily. Total activity levels in the second-, third- and fourth-highest quartiles were equivalent to 78, 105 and 160 minutes, respectively.

Persons: “, ”, Lennert Veerman, Veerman, ” Veerman, Andrew Freeman, wasn’t, Freeman, hasn’t, Peter Katzmarzyk, Katzmarzyk wasn’t, ” Katzmarzyk Organizations: CNN’s, CNN, British, of Sports Medicine, School of Medicine, Dentistry, Griffith University, National Health, National Center for Health Statistics, Jewish Health, Louisiana State, Pennington Biomedical Research, World Health Organization Locations: USA, Australia, Denver, United States, Europe

☆ I have 5 Gen Z children in the workforce, and they don't prioritize their careers. It made me rethink my life.
▼ + stars: | 2024-11-15 | by ( Kimanzi Constable | ) www.businessinsider.com time to read: +4 min

My Gen Z children helped me understand that work doesn't have to be a priority. AdvertisementMy Gen Z children entering the workforce shifted my beliefsI'm a father of five Gen Z kids. AdvertisementMy Gen Z children have told me they see work for what it is: They work to live, not live to work. Related storiesMy Gen Z children have shifted my beliefs about work, and as a result, I've gotten therapy to help me learn who I am outside my career. AdvertisementMy Gen Z children in the workforce have taught me lessons about work that my generation didn't.

Persons: I've, I'm, They've, Constable Organizations: Kenyan, LinkedIn Locations: Kenya

☆ Next year is already looking rough for retail store closures
▼ + stars: | 2024-11-15 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

If this year's closures are any indication — and if the economy worsens — they won't be alone. 2025 is still more than a month away, but it's already shaping up to be another rocky year for retail. Analysts at UBS project the total number of US retail closures could reach 45,000 over the next five years. For one thing, even healthy retailers like Walmart and Target periodically review and trim their store fleets in the normal course of business. In any event, the year hasn't even begun, but nearly 1,500 retail closures are slated — already roughly half the amount BI has tracked for full-year totals in recent years.

Persons: —, Topping, Shane O'Kelly, Donald Trump's Organizations: Parts, Walgreens, UBS, Coresight Research, Walmart, Target, Blockbuster

☆ Pittsburgh Pirates offer outrageous trade for one-of-a-kind Paul Skenes baseball card
▼ + stars: | 2024-11-15 | by ( Kevin Dotson | ) edition.cnn.com time to read: +2 min

CNN —Are the Pittsburgh Pirates turning into the Willy Wonka of Major League Baseball? Like Wonka’s famous golden ticket, the MLB team is offering a scrumdiddlyumptious prize in exchange for a rare, one-of-a-kind baseball card of their star pitcher Paul Skenes. To the lucky person who finds this card… We’d love to bring this card home to PNC Park to share with all Buccos fans. Here’s our offer: https://t.co/qSDgZg3C8p pic.twitter.com/efNGhjidQ4 — Pittsburgh Pirates (@Pirates) November 15, 2024In addition to the eye-popping offer from the Pirates, Skenes’ girlfriend, Livvy Dunne, has upped the ante with an offer of her own. For those feeling lucky, the Skenes card in question is hidden in a pack of 2024 Topps Chrome Update, available in stores now.

Persons: Willy Wonka, Paul Skenes, Charlie Bucket, Skenes, qSDgZg3C8p, efNGhjidQ4, Livvy Dunne, — Olivia Dunne Organizations: CNN, Pittsburgh Pirates, Major League Baseball, MLB, PNC Park, Baseball, PNC, Pirates, Topps

☆ A tough week for stocks may soon force us to act. Here's where we would look to buy first
▼ + stars: | 2024-11-15 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

Markets sink: Stocks are taking it on the chin Friday, capping off a week in which the S & P 500 fell about 2%. Bright spots : The two best-performing S & P 500 sectors this week are financials and energy. Health care was far and away the worst-performing group in the S & P 500. Next week: There's 11 companies in the S & P 500 reporting next week. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, There's, Donald Trump's, Jerome Powell, Trump, –, Morgan Stanley, Wells Fargo, Robert F, Kennedy Jr, Eli Lilly, we'll, Stanley Black, Decker, Jim Cramer's, Jim Organizations: CNBC, Traders, – BlackRock, Energy, Coterra Energy, Disney, Department of Health, Human Services, pharma, Nvidia, Walmart, Viking Holdings, TJX Companies, Palo Alto Networks, Target, Williams, Club, BJ's, Ross Stores, Baidu, PDD Holdings, GE Healthcare, Jim Cramer's Charitable Locations: Wells Fargo, Sonoma, Snowflake, Palo Alto

☆ Tesla's Chinese EV competitors are racing to build their own Optimus rivals
▼ + stars: | 2024-11-15 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Tesla's Chinese rivals are building their own humanoid robots to rival Tesla. EV startup Xpeng unveiled its Iron humanoid robot at its AI day event this month. The company said Iron was already deployed in its factories, joining BYD and Nio in using humanoid robots to build cars. AdvertisementTesla is facing fierce competition in China from local EV makers — and now they're building their own versions of Elon Musk's Optimus robot. AdvertisementThe scramble to incorporate humanoid robots comes as Elon Musk touts Tesla's Optimus robot.

Persons: Iron, —, Tesla, Elon, Xpeng, Ubtech, Walker, BYD, Elon Musk, Tesla's Organizations: Service, —, Aircraft, Dongfeng Motors, EV, Elon Locations: BYD, China, Tesla

☆ ‘The Disneyland of American grocery stores’: How Trader Joe’s became a tourist hot spot
▼ + stars: | 2024-11-14 | by ( Lilit Marcus | ) edition.cnn.com time to read: +7 min

But products from Trader Joe’s have become so popular with international tourists that even a major Asian airport is getting involved. “I think that Trader Joe’s is like the Disneyland of American grocery stores,” she says. John Blackmer/MediaNews Group/Orange County Register/Getty ImagesThe first Trader Joe’s opened in Pasadena, part of Los Angeles county, in 1967. According to a 2024 study by Morning Consult, 25% of frequent Trader Joe’s shoppers belong to a household that makes over $100,000 annually. Jeff Greenberg/Universal Images Group/Getty ImagesWhile some American chain stores rely on sameness to satisfy customers, Trader Joe’s has leaned in the other direction.

Persons: CNN —, Joe’s, Julie Averbach, “, Joe Coulombe, John Blackmer, Joe —, ” That’s, Jeff Greenberg, Expedia, Peruvian Maria Silva, ” Silva, Averbach, ”, Joe Raedle, Jose’s, backtrack, TJ’s, Silva Organizations: CNN, Incheon, MediaNews, Orange, Register, Morning, Miami, Universal, Peruvian, eBay, US Locations: South Korea, United States, California, Huntington Beach , California, Pasadena, Los Angeles, Seattle, San Francisco, North Carolina, New York, China

☆ Advance Auto Parts is closing more than 700 locations
▼ + stars: | 2024-11-14 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Advance Auto Parts is closing more than 700 locations to shore up the company’s finances following another dismal earnings report. The car parts retailer, which has about 5,000 stores, said Thursday that the closures are part of its “strategic plan to improve business performance.” Advance Auto Parts (AAP) shares slid nearly 5% in premarket trading after it reported earnings that missed analysts’ expectations. The reduction will result in closing roughly 500 corporate-owned stores plus about 200 independently operated locations. The company did not immediately provide a full list of locations set to close. It recently sold Worldpac, an automotive parts wholesaler, for $1.5 billion as part of “simplification” of its business model.

Persons: — Organizations: New, New York CNN, Parts, Advance, Research, Companies, Consumers Locations: New York

☆ High grocery prices got droves of Americans to vote for Trump but they shouldn’t expect to pay less over the next four years
▼ + stars: | 2024-11-14 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +7 min

With some of these pressure points softening, food prices have cooled to rates comparable to before the pandemic. “Grocery prices have skyrocketed,” he said. “Until we can — if we can — fix climate change, there’s no way that food prices can come down,” he told CNN. In the past, grocery prices have come down primarily when “the economy is under duress” and people don’t have enough money to pay for groceries. Absent these kinds of scenarios, Trump is unlikely to get the actual food prices we pay back to where they were during his first term.

Persons: Joe Biden, Donald Trump, Trump, ”, “, ” Trump, “ That’s, That’s, Phil Lempert, Vance, Lempert, Leo Feler, Feler, it’s “ Organizations: New, New York CNN, AP VoteCast, New York Economic Club, ”, Trump, CNN, University of California Locations: New York, Ukraine, Russia, Brazil, Mexico, Florida, California, China, Los Angeles

Here's a rapid-fire update on all the stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. This time around, Trump's tariff proposals on Chinese imports could help Amazon in its competition against low-price online sellers Temu and Shein. Salesforce : Not a Trump stock, but it wasn't a Kamala Harris stock either. Constellation Brands : The Mexican beer importer has been punished on fears about what Trump's tariff and immigration proposals could do to its business. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Jim, Donald Trump's, Trump's, Abbott, Trump, Hock Tan, Tan, We'll, it's pricier, Morgan Stanley, Wells, Kamala Harris, Agentforce, That's, Biden, Dover, Eaton's, Elon, Waymo, JD Vance, we've, Linde, that's, Eli Lilly, Robert F, Kennedy Jr, Kennedy, Lilly, Mark Zuckerberg, Zuckerberg, Goldman Sachs, shouldn't, Nextracker, Brian Niccol, Niccol, Stanley Black, Decker, TJ Maxx, Wells Fargo, Jim Cramer Organizations: Jim Cramer's Charitable Trust, CNBC, Abbott Laboratories, Abbott Labs, White, Biden, AMD, Trump, Wednesday, Broadcom, VMWare, BlackRock, Costco, Coterra Energy, Coterra, DuPont, Disney, GE Healthcare, GE Aerospace, Google, Honeywell, Elliott Investment Management, Linde, Microsoft, Big Tech, Apple, Meta, Financial Times, Nvidia, Palo Alto Networks, Yum Brands, Taco Bell, Constellation Brands, Management, TJX, Marshalls, Jim Cramer's Charitable Locations: China, India, Missouri, Wells Fargo, BlackRock, Shanghai, Dover, U.S, Palo, HomeGoods

☆ The real reason Starbucks is bringing back self-serve milk and sugar
▼ + stars: | 2024-11-14 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +4 min

New York CNN —Starbucks baristas can put eight shots of espresso into one cup. Starbucks’ self-serve stations had milk, sugar, sweeteners, spices and stirrers, just like at other coffee shops. This influx of mobile orders has sometimes strained Starbucks workers during rush hours. Gabby Jones/Bloomberg/Getty ImagesNiccol said bringing back self-serve stations will help Starbucks serve drinks in four minutes or less. “We’ll need to have proper staffing so that people are able to restock the condiment bar and make sure it’s clean and presentable.”

Persons: Amanda Poore’s, creamer, ”, Poore, David Garfield, “, Brian Niccol’s, Gabby Jones, Niccol, We’re, it’s, Amanda Rivera, Rivera Organizations: New, New York CNN, Starbucks, Bloomberg, Getty, Starbucks Workers Locations: New York, Seattle, Atlanta

☆ Toxic chemical ‘Hall of Shame’ calls out retailers in time for holiday shopping
▼ + stars: | 2024-11-14 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +10 min

“This is a critical time of year, the time when most retailers make a lot of their money,” Schade said. Only four companies in the top 50 retailers earned an A or A- — Apple, Sephora, Target and Walmart. Three companies — Ulta Beauty, IKEA and Whole Foods Market — received a B grade, while 26 companies were equally split between C and D grades. “We also grade companies on whether the changes requested from their suppliers are actually implemented, if they have truly ‘banned the bad,’ so to speak,” Peele said. Correction: A previous version of this story incorrectly stated the number of retailers who earned an A or A-.

Persons: —, “ It’s, ”, Mike Schade, ” Schade, “, Dunkin ’, Jimmy John’s, Joe’s, Ahold, Hannaford, Tard, Sherwin, Williams, Sally Beauty, Jodi Caro, Alimentation, Cheri Peele, ” Peele, Peele, Homer Swei, Swei, Schade, Perfluoroalkyl, Julianna Bragg Organizations: CNN, Toxic, Black, Brands, KFC, Taco Bell, Inspire Brands, Baskin, Robbins, Buffalo Wild Wings, Canadian, Lion, Nordstrom, Walmart, National Retail Foundation, Companies, “ Retailers, Environmental, National Academies of Sciences, Engineering, US, “ Locations: United States, Canada, Chipotle, Target, Nordstrom

☆ Matt Gaetz has a history of going after Big Tech. As Trump's attorney general, he'd be tasked with enforcing antitrust laws.
▼ + stars: | 2024-11-14 | by ( Erin Snodgrass | Kelsey Vlamis | ) www.businessinsider.com time to read: +5 min

Gaetz has criticized Big Tech for censoring conservatives and supports antitrust enforcement. Both the Justice Department and the FTC enforce antitrust laws that impact large tech companies. Gaetz has frequently railed against Big Tech, accusing Silicon Valley firms of censoring conservatives. The current Federal Trade Commission chair, Lina Khan, whom Trump may end up replacing, has aggressively gone after Big Tech companies. "But the hurdles for Big Tech could remain elevated," he added.

Persons: Donald Trump, Matt Gaetz, Gaetz, —, Trump, Lina Khan, Khan, JD Vance, Mark, Buchanan Ingersoll, Rooney, he's, Isaac Boltansky, Barron's, Kasten, TikTok, George Hay, Hay Organizations: Big Tech, Justice Department, Service, Senate, Florida Republican, Business, FTC, Federal Trade Commission, Nvidia, Meta, Microsoft, Wall Street Journal, China, Apple, Google, Cornell University Locations: Florida, Silicon, Silicon Valley

☆ The new Google Maps update is perfect for last-minute shoppers
▼ + stars: | 2024-11-14 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

Google Maps launched updates to help last-minute shoppers avoid the lines and find nearby products. AdvertisementIf you're a last-minute shopper, Google Maps has you covered this holiday season. Related storiesThe feature adds in-store inventory information from retailers and highlights it on the Google Maps app. Google Maps also added an update for EVs that allows drivers to plan trips on the phone and send routes with charging stops to their vehicle's Google app. The new Google Maps updates come just a couple of weeks after the platform got an AI overhaul with integrated Gemini features.

Persons: — Organizations: Google, EV, Service

☆ Amazon was questioned by House China committee over 'dangerous and unwise' TikTok partnership
▼ + stars: | 2024-11-14 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Amazon representatives met with the House China committee in recent months to discuss lawmaker concerns over the company's partnership with TikTok, CNBC confirmed. A spokesperson for the House Select Committee on the Chinese Communist Party confirmed the meeting, which centered on a shopping deal between Amazon and TikTok announced in August. The agreement allows users of TikTok, owned by China's ByteDance, to link their account with Amazon and make purchases from the site without leaving TikTok. "The Select Committee conveyed to Amazon that it is dangerous and unwise for Amazon to partner with TikTok given the grave national security threat the app poses," the spokesperson said. Representatives from Amazon and TikTok didn't immediately respond to a request for comment.

Persons: TikTok, China's ByteDance, didn't, Joe Biden, Jan, Donald Trump, CNBC's, Trump, Jeff Yass, —, Jonathan Vanian Organizations: Dublin City Centre, Amazon, House, TikTok, CNBC, Chinese Communist Party, Bloomberg, Republican, Susquehanna International Group, NBC Locations: Dublin, Ireland, House China, U.S, ByteDance, Yass

☆ Stocks making the biggest moves midday: Tapestry, Capri, Disney and more
▼ + stars: | 2024-11-14 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: Disney — The media stock popped 6% on stronger-than-expected earnings and guidance, aided by growth in its streaming business. Capri , Tapestry — Both luxury apparel stocks rose after the companies called off their planned merger , citing regulatory hurdles. Cisco Systems — The cybersecurity stock fell 2.1%. Ibotta said it expects fourth-quarter revenue to range between $100 million and $106 million, versus a FactSet estimate of $110.3 million. CNH Industrial — Shares rose more than 6% after Greenlight Capital's David Einhorn revealed at CNBC's Delivering Alpha conference that he took a medium-sized position in the agricultural equipment company.

Persons: Charles Schwab —, Charles Schwab, Ancora, Campbell, Piper Sandler, Ibotta, Greenlight Capital's David Einhorn, —, Jesse Pound, Pia Singh, Alex Harring, Hakyung Kim, Sean Conlon Organizations: Disney, Amazon, ASML, Cisco Systems, Wall, Revenue, Norfolk Southern, American Airlines —, Barclays, Alpha, Advance Locations: Capri

☆ Buy these 14 stocks set to benefit most from the surge in year-end holiday spending: Morgan Stanley
▼ + stars: | 2024-11-14 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Here are 14 companies that will benefit from the upswing, according to Morgan Stanley. Advertisement"This holiday season is likely to see stronger spending than last," Morgan Stanley strategists led by Michelle Weaver wrote in a November 13 note, citing sentiment from her firm's economists. Morgan StanleyHowever, that's not to say that all companies will equally enjoy that surge in holiday spending. AdvertisementIn the note, Weaver and her team outlined 16 companies with significant exposure to holiday spending, though only 14 of those stocks have bullish ratings from Morgan Stanley analysts. Each is accompanied by its ticker, market capitalization, price-to-earnings (P/E) ratio, industry, and commentary about that industry from Morgan Stanley.

Persons: Morgan Stanley, Michelle Weaver, Morgan Stanley Holiday, Rich, Weaver, they'd, Morgan, haven't, that's Organizations: National Retail Federation, Black

☆ I moved to Panama from the US. I live on a remote island for $1,000 a month and have never been happier.
▼ + stars: | 2024-11-13 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +7 min

Lisa Kauffman was over Florida's hurricanes and the faster pace of life in the US. AdvertisementThis as-told-to essay is based on a conversation with Lisa Kauffman, a 55-year-old teacher with a background in biology and special education. In 2023, I purchased a one-way ticket to Panama, planning to live on the private island I had previously visited in 2022. I live off the grid, and my day-to-day expenses are lowThe island I live on is remote. Courtesy of Lisa KauffmanI live on about $1,000 a month.

Persons: Lisa Kauffman, Kauffman, —, I've, I'd, Ian, I'm, Minnie Organizations: Service, Kauffman Locations: Panamanian, Panama, Caribbean, Bocas del Toro, Panama City, Florida, Fort Myers, Costa Rica, Hawaii, Thailand, New York

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