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☆ How Washington reacted to the Hunter Biden pardon: From the Politics Desk
▼ + stars: | 2024-12-02 | by ( The Politics Desk | ) www.nbcnews.com time to read: +8 min

In today's edition, our reporters go through President Joe Biden's pardon of his son — and the part that's particularly rankling fellow Democrats. Some Democrats bristle at Biden's pardon justificationBy Carol E. Lee, Sarah Fitzpatrick, Gary Grumbach and Dareh GregorianIt’s not just that President Joe Biden pardoned his son Hunter. The pardon comes after Biden repeatedly said he would not use his executive authority to pardon his son or commute his son’s sentence. “Does the Pardon given by Joe to Hunter include the J-6 Hostages, who have now been imprisoned for years? : White House press secretary Karine Jean-Pierre defended Biden’s decision to pardon his son, despite telling the press multiple times that the president had no such plans.

Persons: Joe Biden's, —, Mark Murray, Carol E, Lee, Sarah Fitzpatrick, Gary Grumbach, Joe Biden, Hunter, It’s, ”, Hunter Biden, “, Biden, Greg Stanton, Donald Trump, ” Stanton, Trump, Joe, ” Trump, David Weiss’s, Weiss, Harris, 🚨, Dru, ️ Organizations: NBC, White House, Capitol, Democratic, Democratic Party, Department of Justice, NBC News, Telemundo, CNBC, Trump, FDA Locations: Arizona, Stanton, California, Biden’s

A white former Kansas City, Kansas, police detective was found dead Monday on the day his federal civil rights trial was set to begin for allegedly sexually abusing Black women over decades, authorities said. An arrest warrant had been issued when Roger Golubski, 71, failed to appear at a federal courthouse in Topeka on the first day of jury selection. Golubski was charged in 2022 with federal civil rights crimes after he was accused of exploiting Black women for sex and framing people for crimes they say they did not commit. Golubski, who retired in 2010 after 35 years with the Kansas City Police Department, pleaded not guilty to six counts of deprivation of civil rights. The Kansas City Police Department has come under scrutiny over allegations of corruption and civil rights violations in recent years.

Persons: Roger Golubski, Kristen Clarke, Kate Brubacher, Golubski, Christopher Joseph, Joseph, Jay Z's, Dania Diaz, Diaz Organizations: of Justice, U.S, District of, Authorities, Kansas City Police Department, Nation, Kansas, Team ROC Locations: Kansas City , Kansas, Topeka, District of Kansas

☆ Bernstein says this tech stock is its best idea for 2025, could be added to the S&P 500
▼ + stars: | 2024-12-02 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +1 min

Payments processing company Block is one of Bernstein's favorite stocks heading into 2025. Analyst Harshita Rawat, who holds an outperform rating on the stock, raised her price target on shares to $120 from $90. It also owns digital wallet company Cash App and buy-now-pay-later company Afterpay. "Looking into 2025, we see potential for mid-teens gross profit growth driven by incentives around increasing direct deposit penetration (the #1 driver of long-term growth), growth in borrow and commerce initiatives (e.g., Cash App and Afterpay on Cash App Card). The stock also has the potential for inclusion in the broad market S & P 500 index, she added.

Persons: Harshita Rawat, Rawat, Cash, — CNBC's Michael Bloom Locations: Friday's

☆ Here's why Jim Cramer says own CrowdStrike and don't give up on Best Buy
▼ + stars: | 2024-12-02 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. During Monday's Morning Meeting, Jim Cramer said he urges members to be in CrowdStrike shares, which had back-to-back losses Wednesday and Thursday despite the cybersecurity company's beat and raise quarter Tuesday evening. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, CrowdStrike, George Kurtz, who's, Kurtz, Jim, Stocks, Jim Cramer's Organizations: CNBC, Tech, Nasdaq, Dow, Adobe Analytics, Intel, Burlington Stores, Dell Locations: Nucor

The best Cyber Monday Apple Watch dealsThe Apple Watch Series 10 is the top pick in our guide to the best Apple Watch. Also, check out previous-generation models, which offer near-current-gen performance for lower prices, like the M3 MacBook Pro for $100 off. Apple AirPods Pro (2nd Gen) with USB-C $154.00 $249.00 Save 38% The AirPods Pro 2 are a big upgrade from their predecessors, with improved noise cancellation and battery life. The AirPods Pro 2 are the best earbud-style AirPods thanks to their sound quality, features, and noise canceling. Those with future-proofing in mind should opt for the 2024 iPad Air, which can also be seen as a more affordable version of the 2024 iPad Pro models.

Persons: We've, Apple, It's, it's, they're, Max, Kim Kardashian Organizations: Business, Apple, Apple Watch, Amazon Apple, Amazon, Pro, Air, MacBook, Intel, M4, Apple AirPods, Amazon Beats

☆ CNBC Daily Open: November was a month to remember for stocks
▼ + stars: | 2024-12-02 | by ( Yeo Boon Ping | ) 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. Stocks' November reignMajor U.S. indexes climbed on Friday, a shortened day of trading, ending the week and the month higher. Second-best month for BitcoinBitcoin celebrated its second-best month of the year so far, jumping 38% for November. [PRO] Eyes on November's jobs reportThis week's major piece of data is November's jobs report, out Friday.

Persons: Stocks, Bitcoin Bitcoin, Donald Trump, Musk, Elon Musk, OpenAI, It'll Organizations: New York Stock Exchange, CNBC, Dow Jones, Reserve Bank of India, OpenAI, Elon, U.S . Federal Locations: New York City, U.S .

☆ Ireland's election delivers pro-business continuity despite voter discontent
▼ + stars: | 2024-12-02 | by ( Jenni Reid | ) www.cnbc.com time to read: +3 min

Ballot papers are counted at the Dublin RDS centre, in Dublin, on December 1, 2024, on the second day of counting ballots in the Irish General Election. Fianna Fáil and Fine Gael have ruled out a partnership with the left-leaning party. The result "breaks with the trend seen internationally this year for weaker incumbent election results," analysts at investment firm Davy said in a note. "However, underlying that, there is a frustration from a growing part of the Irish population that has not been captured in this election. It appears Sinn Féin haven't captured this sense of frustration, seen in the fact that there was a low voter turnout of 59%.

Persons: Fáil, Micheál Martin, Simon Harris, Harris, Sinn Féin, Fianna Fáil, Davy, Laurent Muzellec, Sinn Féin haven't, Muzellec, Gael's Harris, Fáil's Martin, Mary Lou McDonald Organizations: Dublin RDS, Fine Gael, Dublin's Trinity Business School, CNBC Locations: Dublin

Best Cyber Monday standing desk dealsMany of our favorite tried-and-tested standing desks, including the Uplift and Flexispot desks, are on sale. View at Flexispot What we like Check mark icon A check mark. Difficult assemblyFlexispot E2 Pro Standing Desk $119.99 $289.99 Save 59% The no-frills Flexispot Standing Desk moves quickly, smoothly, and quietly to reach your desired height. View at AmazonBranch Four Leg Standing Desk $806.00 $949.00 Save 15% Branch's new Four-Legged Standing Desk is on sale for the first time ever! View at AmazonCyber Monday standing desk deal FAQsIs Cyber Monday a good time to buy a standing desk?

Persons: Pick, Secretlab Magnus, Magnus Pro, it's, We've, you'll Organizations: Business, Amazon, Branch Locations: Burrow, Branch

☆ Trends of favoring riskier assets and multiple expansion will continue, says Schwab's Omar Aguilar
▼ + stars: | 2024-12-02 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrends of favoring riskier assets and multiple expansion will continue, says Schwab's Omar AguilarOmar Aguilar, Schwab Asset Management CEO & CIO, joins 'Money Movers' to discuss Aguilar's expectations for equities from Monday's levels, which stocks will lead the equity move higher, and much more.

Persons: Schwab's Omar Aguilar Omar Aguilar Organizations: Schwab Asset Management

☆ Jim Cramer says AMD stock is a buy on Intel's CEO shakeup — 'It's winning'
▼ + stars: | 2024-12-02 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

And the Club holding should continue to benefit from Intel's woes, including the leadership transition, Jim Cramer said Monday. "It will not help Intel," Jim said. For its part, AMD's nascent AI business is gaining traction, even if it's still dwarfed in size by Nvidia. AMD is "winning big business," Jim said. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Pat Gelsinger, Lisa Su, Jim Cramer, David Zinsner, MJ, Jim, Gelsinger, Su, Ben Reitzes, Reitzes, It's, Jim Cramer's, David Paul Morris, Getty Images David Paul Morris Organizations: Intel, Devices, AMD, Morning, CNBC, Nvidia, Club, Wall, Devices Inc, Bloomberg, Getty Images, Getty Locations: Silicon Valley, San Jose , California

View at ParamountStarz Semi-Annual Plan $23.94 $65.94 Save 64% The Starz streaming service offers several original shows and classic movies. Am I locked into a contract if I sign up for one of these Cyber Monday streaming deals? By default, once the deal you've signed up for ends, the streaming service will re-subscribe you for the regular price. Philo is already a very affordable live TV streaming service (especially compared to Sling and Fubo) and the cheapest way to watch Yellowstone season 5, part 2. Pair your new streaming deal with a brand new TV, as there are some excellent Cyber Monday TV deals live today.

Persons: we've, Max, HBO Max, Peacock, We'd, Harry Potter, Max Max, That's, it's, It's, There's, Hulu, you've, Tyson, We're, Ted Lasso, Philo Organizations: Business, HBO, Disney, Hulu, Disney Disney, Disney Plus, Hulu Max, NBC, Football, Peacock, Paramount, CBS, NFL, Nickelodeon, Comedy Central, BET, MTV, Showtime, Paramount Paramount, Paramount Plus Paramount, Paramount Plus, Paramount Starz, Starz, Starz Starz, Service, Sling TV, Elite, NFL RedZone, MGM, ESPN, MLB, NHL, UFC, Netflix, Apple, Foundation, Severance, Yellowstone Locations: Outlander

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRipple's XRP surges towards $3 as investors anticipate crypto-friendly Congress: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Vance Spencer of Framework Ventures discusses his expectations for the crypto startup scene under a second Trump presidency.

Persons: explainers, Vance Spencer Organizations: CNBC Crypto, CNBC, Ventures, Trump

☆ S&P 500 futures are little changed after index closes at record highs: Live updates
▼ + stars: | 2024-12-02 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Stock futures are near flat Monday night after the S&P 500 concluded the first session of December's trading month at an all-time closing high. S&P 500 futures and Nasdaq 100 futures both sat near their flatlines. Futures tied to the Dow Jones Industrial Average lost 26 points, or around 0.1%. Both the broad S&P 500 and technology-heavy Nasdaq Composite closed at records on Monday after hitting fresh intraday highs. Traders will also monitor Tuesday speeches from Fed Governor Adriana Kugler and Chicago Fed President Austan Goolsbee slated for the afternoon.

Persons: Dow, CME's, Sam Stovall, Adriana Kugler, Austan Goolsbee Organizations: New York Stock Exchange, Stock, Nasdaq, Dow Jones Industrial, Labor, CFRA Research, Chicago Fed

That means its ongoing Kindle Unlimited deal will leave soon, and time is running out to score 3 months for $1. Kindle Unlimited is a powerful service that, while not necessary for Kindle enjoyment, goes hand-in-hand with owning one. The best Cyber Monday Kindle Unlimited dealsAmazon Kindle Unlimited Subscription (3 Months) $1.00 $35.97 Save 97% Amazon's Kindle Unlimited offers access to millions of e-books and thousands of audiobooks as part of a monthly subscription. Best used with a Kindle e-readerCyber Monday Kindle Unlimited FAQsWhat is Kindle Unlimited? It usually costs $12 a month, making this ongoing Cyber Monday Kindle Unlimited deal an especially great call.

Persons: we've, you've Organizations: Business, Amazon, Kindle

☆ Hong Kong will display 2,500 panda sculptures to capitalize on a local bear craze
▼ + stars: | 2024-12-02 | by ( Associated Press | ) edition.cnn.com time to read: +3 min

The cubs — whose birth in August made their mother Ying Ying the world’s oldest first-time panda mom — may meet visitors as early as February. The panda sculptures will be installed at various sites in Hong Kong. An An enjoyed eating bamboo in front of the cameras and Ke Ke climbed on an installation. The first pair were An An and Jia Jia who arrived in 1999. Jia Jia, who died at 38 in 2016, is the world’s oldest-ever panda to have lived in captivity.

Persons: Ying Ying, Chan Long Hei, Ke Ke, Pharrell Williams, Le Le, Jia Jia Organizations: CNN, FEST HK, British, World Wildlife Fund, Nature Locations: Hong Kong, Hong Kong’s, Tsim Sha, Beijing

☆ December is typically a good month for stocks, and technicians expect another good one this year
▼ + stars: | 2024-12-02 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

The final month of the year is typically a good month for the stock market. The S & P 500 could rise to about 6,081, from where it closed last week at 6,032.38. That means the S & P 500 would top 6,100, according to Johnson, who sees small-cap and midcap stocks as primary beneficiaries of the broadening rally. This means the S & P 500 could end the year around 6,140. On average, the S & P 500 gains 1.6% during this period.

Persons: Craig W, Johnson, Piper Sandler, SPX, Oppenheimer's Ari H, Wald, CFRA's Sam Stovall, Roth, JC O'Hara, Santa Claus, bode, Jonathan Krinsky Organizations: Dow Jones Industrial, Dow Locations: Santa

☆ CNBC Daily Open: The stock market had a November to remember
▼ + stars: | 2024-12-02 | by ( Yeo Boon Ping | ) 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. China's CSI 300 added around 0.7% after data showed growing factory activity in the country. GQG told CNBC that over 90% of client assets are invested in issuers unrelated to Adani. [PRO] Eyes on November's jobs reportThis week's major piece of data is November's jobs report, out Friday.

Persons: Stocks, Adani, GQG, Musk, Elon Musk, OpenAI, It'll Organizations: New York Stock Exchange, CNBC, Dow Jones, CSI, P Global, PMI, GQG Partners, UBS, OpenAI, Elon, U.S . Federal Locations: Asia, Pacific, China, GQG, U.S .

☆ CNBC Markets Now: December 2, 2024
▼ + stars: | 2024-12-02 | 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 EmailCNBC Markets Now: December 2, 2024CNBC Markets Now provides a look at the day's market moves with commentary and analysis from Michael Santoli, CNBC Senior Markets Commentator.

Persons: Michael Santoli Organizations: CNBC

☆ Watch Monday's full episode of Mad Money with Jim Cramer — December 2, 2024
▼ + stars: | 2024-12-02 | 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 EmailWatch Monday's full episode of Mad Money with Jim Cramer — December 2, 2024"Mad Money" host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.

Persons: Jim Cramer —, Jim Cramer

☆ Watch Monday's full episode of Fast Money — December 2, 2024
▼ + stars: | 2024-12-02 | 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 EmailWatch Monday's full episode of Fast Money — December 2, 2024"Fast Money" is America's post-market show. Hosted by Melissa Lee and a roundtable of top traders, "Fast Money" breaks through the noise of the day, to bring you the actionable news that matters most to investors.

Persons: Melissa Lee

☆ Markets are getting more comfortable again with the idea of a December rate cut
▼ + stars: | 2024-12-02 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Wall Street's fickle pendulum when it comes to the Federal Reserve has swung more decisively toward expectations for a December rate cut. It's going to depend on the inflation data. However, he noted that if inflation data continues to show signs of "stalling," he will "be supportive of holding the policy rate constant." The Fed currently targets its benchmark overnight borrowing rate in a range between 4.5% and 4.75%. That follows cuts in September and November that took the fed funds rate down by three-quarters of a percentage point altogether.

Persons: Donald Trump's, Aditya Bhave, they'll, Christopher Waller, bank's, Waller Organizations: Federal Reserve, Federal, Bank of America, Fed

☆ Netflix is in the best position 'financially, fundamentally and competitively' ever, says Evercore ISI
▼ + stars: | 2024-12-02 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Netflix may be poised for even more gains ahead with the company at its peak financial position, according to Evercore ISI. "[A]t a high level, what our survey results and recent events (e.g. Q3 EPS and the massive success of the Tyson-Paul fight) suggest is that Netflix is in the strongest position financially, fundamentally and competitively that we have ever seen," he told clients this week. The recent survey results revealed that "core Netflix" metrics in the U.S., France and Germany were "reasonably positive," Mahaney noted. This comes as Netflix's live events are already gaining traction.

Persons: Mark Mahaney, Tyson, Paul, Mahaney, Mike Tyson, Jake Paul Organizations: Netflix, ISI, Disney, Amazon Prime, NFL, Squid Games, WWE Raw, Wall Locations: U.S, France, Germany

☆ JPMorgan upgrades Gap, sees retailer's shares rising more than 20% from here
▼ + stars: | 2024-12-02 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

A number of key catalysts could drive more growth at Gap in the coming months, according to JPMorgan. GAP YTD mountain GAP, year-to-date Looking ahead, analyst Matthew Boss said the company is at an "inflection point" that could see its sales growing in the low- to mid-single digits. The company selected Mattel executive Richard Dickson to be CEO last July and JPMorgan recently met with Dickson and CFO Katrina O'Connell. Among the 20 analysts covering it, 11 have a hold rating, while eight have a strong buy or buy rating. Its average target of $27.99 still reflects some more gains, however, implying more than 15% upside ahead, as of Friday's close.

Persons: Matthew Boss, Richard Dickson, Dickson, Katrina O'Connell, Said, Dickson's, Boss Organizations: JPMorgan, GAP, Mattel

☆ Respecting an overbought market, we're booking profits in an AI leader facing competition
▼ + stars: | 2024-12-02 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Following Monday's trade, Jim Cramer's Charitable Trust will own 235 shares of MSFT, decreasing its weighting to roughly 2.85% from 3.12%. As a result of the rally, heading into the seasonably strong month of December, the market has become overbought, according to the S & P 500 Short-Range Oscillator . The Oscillator, which tracks trading momentum, climbed to plus 5.5.% after Friday's session Reading the Oscillator A reading above plus 4% indicates an overbought market that could be due for a rest or consolidation. When the stock market goes on a run like this and pushes into overbought territory, our discipline kicks in and we trim positions that have moved up. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer's, Donald Trump, OpenAI, Jim Cramer, Jim Organizations: Microsoft, CNBC Locations: Copilots

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Persons: Mario, Zelda, you'll, We're, Dell, it's Organizations: Business, Gaming, Nintendo, Mario Kart, Nintendo Switch, Walmart, Microsoft, Nova, Nova Pro, Netflix, Xbox, Samsung, Sony PS5, Sony, VR, Meta, Asus, AMD, Dell, Wireless, Logitech, Lightspeed, Nvidia

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