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☆ Tariffs can be a headwind for Big Tech in 2026, says Wilmington's Meghan Shue
▼ + stars: | 2024-11-12 | 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 EmailTariffs can be a headwind for Big Tech in 2026, says Wilmington's Meghan ShueAdam Crisafulli, Vital Knowledge founder and Meghan Shue, Wilmington Trust head of investment strategy, join 'Closing Bell: Overtime' to discuss Big Tech trade, their market outlook and earnings.

Persons: Wilmington's Meghan Shue Adam Crisafulli, Meghan Shue Organizations: Big Tech, Vital Knowledge, Wilmington Trust Locations: Wilmington

☆ Lina Khan likely to be fired as FTC Chair under a Trump presidency
▼ + stars: | 2024-11-12 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

Representatives for Trump’s transition team and the FTC didn’t respond to requests for comment. Wall Street, which has been on a tear since Trump’s decisive victory last week, appears to be ready to turn the page on the Khan era. Similarly, the FTC has gone after Big Tech, Big Pharma and even Big Mattress in the name of keeping competition robust. To them, Khan and her DOJ partner in trustbusting, Jonathan Kanter, represent a threat to the bottom line. Since last week’s election, both Kroger and Albertsons shares have risen sharply as investors anticipate the deal would face little resistance under Trump’s FTC.

Persons: CNN Business ’, New York CNN — Lina Khan’s, Donald Trump, Khan, she’s, Lina Khan, Jennifer Rie, kowtow, Jonathan Kanter, Elon Musk, Trump, ” Barry Diller, “, ‘, Republican “ Khanservative, JD Vance, Gail Slater, Vance, ”, David Kostin, Goldman Sachs, Kostin, Donald Trump’s, Brian Gardner, ” Gardner, Susie Wiles Organizations: CNN Business, New York CNN, Federal Trade Commission, FTC, Republican, Bloomberg Intelligence, CNN, Justice, Albertsons, Big Tech, Big Pharma, IAC, Democratic, Bloomberg, Kroger, Trump’s FTC, Goldman Sachs ’, White, Trump, Federal Reserve Locations: New York, it’s, trustbusting, Washington

☆ Ukraine hoped to force Russia to pick between 2 fronts. Putin chose both.
▼ + stars: | 2024-11-12 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Ukraine's big move this year was to invade Russia's Kursk region, hoping to divert Russia's main invasion. While it took ground in Kursk, Russia was also able to keep up its advance into eastern Ukraine. Russia is now amassing troops in Kursk, hoping to retake it without having compromised its main invasion. AdvertisementWhen Ukraine began its audacious incursion into Russia's Kursk region in August, it hoped to force a choice. That force amassed even as Russia kept up a steady advance on the main front line in eastern Ukraine.

Persons: —, Vladimir Putin's, Volodymyr Zelenskyy, Putin, Andrii Kovalenko Organizations: Service, The New York Times, Moscow Times, Ukraine's Center, North Korean Locations: Russia's Kursk, Kursk, Russia, Ukraine, North Korea, Ukrainian, Ukraine's, The

☆ The stock market is loving Trump’s return. The bond market has some concerns though
▼ + stars: | 2024-11-12 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

CNN —Donald Trump is returning to the White House, and the stock market is loving it. ‘The regime change’For now, stock market investors don’t seem bothered by the jump in bond yields or these inflationary or debt concerns. “The stock market jumped for joy that the election results were definitive, thus averting a contested election. Of course, market veterans say they wouldn’t be surprised to see the stock market eventually display concern about tariffs and inflation under Trump. That could pose a number of problems for the economy and the stock market.

Persons: Donald Trump, Trump, shockwaves, ”, David Kotok, Stephanie Roth, Roth, ” Roth, Sau Loeb, Kamala Harris, Harris, Jeff Buchbinder, “, Kotok, it’s, ” Kotok, They’re, Freddie Mac, ‘, Ed Yardeni, Yardeni, It’s, ’, BTIG’s Isaac Boltansky Organizations: CNN, White, Dow Jones, stoke, Trump, Advisors, Wolfe Research, Treasury, US Treasury Department, Getty, Wall Street, LPL, Fed, Stock Locations: Big, Washington , DC, Washington

Now, Jannik Sinner and Carlos Alcaraz are fast becoming household names and the next generation-defining rivalry. However, Sinner and Alcaraz – ranked No. Due to their rapid success, it is easy to forget that Sinner is only 23 and Alcaraz just 21. Sinner hits a shot in the semifinals of the US Open, a tournament he went on to win. Time will tell if Sinner can put that ice-cold instinct to good use at the ATP Finals and win the tournament for the first time.

Persons: Ivan Lendl, John McEnroe, Jimmy Connors, Andre Agassi, Pete Sampras dueled, Roger Federer, Rafael Nadal, Novak Djokovic, Carlos Alcaraz, Federer, Alcaraz –, Roland Garros, Alcaraz, Italy –, Nadal, ” Alcaraz, ”, Andy, Murray, Sinner, Frey, JC Ferrero, Juan Carlos Ferrero, “, ‘ Oh, he’s, Sean M, it’s, Angela Weiss, Manchester City’s Erling Haaland, Kylian, Alex de Minaur, Taylor Fritz, Casper Ruud, Andrey Rublev Organizations: CNN, tennis, Australian, Wimbledon, ATP, CNN Sport, ATP Tour, JC, JC Ferrero Challenger, Getty, AC Milan, Manchester Locations: Turin, Italy, Flushing Meadows, China, Beijing, Shanghai, Real Madrid

☆ Victor Wembanyama joins legendary group of NBA players after posting another monstrous stat-line
▼ + stars: | 2024-11-12 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —Victor Wembanyama put his name alongside some legendary figures in NBA history after posting yet another monstrous stat-line during the San Antonio Spurs’ 116-96 victory over the Sacramento Kings on Monday. 1 overall pick in last year’s draft, meaning he has now played the equivalent of a full season. When asked about what he’s learned after playing a full season, Wembanyama highlighted the mental aspect of preparing for a busy schedule. One thing that has developed for Wembanyama as the season has gone on is his success from three-point range. I’m 20, I’m hoping for some years it’s going to keep feeling better and better.

Persons: CNN — Victor Wembanyama, Frenchman, Oscar Robertson, Kareem Abdul, Jabbar, Larry Bird, Blake Griffin, Sidney Wicks, he’s, Wembanyama, ”, “ I’m, ” Wembanyama, Scott Wachter, Chris Paul, “ Organizations: CNN, San Antonio Spurs, Sacramento Kings, Spurs, Kings, “, Utah Jazz, Wembanyama, NBA, Reuters, Washington Wizards, Frost Bank Center Locations: Sacramento

☆ Here's how much more laptops, TVs, and smartphones could cost under Trump's proposed tariffs, consumer group says
▼ + stars: | 2024-11-12 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

Americans' favorite tech gadgets could surge in price under Donald Trump's proposed tariffs, per a new report. An October report on consumer technology found laptops, smartphones, and TVs would surge in price. Under Trump's tariffs, the average price of laptops and tablets could skyrocket 45%, jumping an additional $200-$350 from their current prices, the CTA report found. AdvertisementUnder Trump's tariffs, video game consoles, meanwhile, could cost nearly $250 more than they currently do, and monitors could increase by more than $100, the report found. Televisions will see a 9% increase in consumer price, costing an additional $48 on average, according to the CTA report.

Persons: Donald Trump's, —, Trump, Gary Shapiro, International Trade Ed Brzytwa Organizations: Service, Consumer Technology, EVs, Cato Institute, CTA, Reuters, Consumer Technology Association, World, Census Bureau, Global, International Trade Locations: China

☆ One week later – A look at the Trump trades gaining momentum and those that are fading
▼ + stars: | 2024-11-12 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

The S & P 500 last week scored its best week since November 2023, hitting the 6,000 mark, while the 30-stock Dow Jones Industrial Average climbed above 44,000. Stocks seen as early beneficiaries, among them steelmakers and banks, are losing momentum, while others like Tesla are continuing to climb. Its shares are nearly flat week so far this week. Take a look at the lot: Tesla 's the most popular winner in the group, gaining roughly 21% since Nov. 6, boosted by CEO Elon Musk's close relationship with Trump. Other than Tesla, energy stocks Coterra Energy and Baker Hughes are also moving higher, the latter gaining more than 15% just this month.

Persons: Trump, Donald Trump, Stocks, Tesla, Morgan Stanley, Betsy Graseck, Elon Musk's, Edison Yu, JD Vance, Baker Hughes, Goldman, Citigroup — Organizations: weill, Dow Jones, CNBC Pro, Trump, Caterpillar, Steelmakers Steel Dynamics, JPMorgan, Citizens Financial, Prudential, Republican, Bank of America . Semiconductor, Micron Technology, Arista Networks, Deutsche Bank, Coterra Energy, Bank of America, Citigroup Locations: Wells Fargo

☆ Don’t sit on the toilet for more than 10 minutes, doctors warn
▼ + stars: | 2024-11-12 | by ( Jocelyn Solis-Moreira | ) edition.cnn.com time to read: +6 min

However, experts warn that what they call prolonged sitting on the toilet can harm your health. “When patients present to me with complaints, one of the main areas we have to delve deeply into is spending a lot of time on the toilet,” Xue said. The pelvic floor muscles are another type of muscle weakened from prolonged toilet sitting. “Make sitting on the toilet bowl as uninteresting as possible.”If you’re having trouble relieving yourself, Xue advised quitting after 10 minutes. Worsening constipation or a need to sit on the toilet for a long time may also be a sign of cancer.

Persons: CNN —, I’ve, Lai Xue, “, ” Xue, Dr, Farah Monzur, Xue, Monzur, Lance Uradomo, ” Monzur, ” Uradomo, he’s, you’ve, Jocelyn Solis, Moreira Organizations: CNN, University of Texas Southwestern Medical Center, Stony Brook Medicine, City of, National Academy of Medicine, US Department of Agriculture, American Cancer Society Locations: Dallas, Stony, Long, , New York, City, City of Hope Orange County, Irvine , California, New York

After the viral sensation that was New York City’s Timothée Chalamet look-alike contest, the South Asian guys of the Bay Area also heard their siren call. On Sunday, a Dev Patel look-alike competition drew hundreds of people to San Fransisco’s Dolores Park. “Shoutout to all the Dev Patel look-alikes,” Hundal said in a speech following his win. “If the real Dev Patel shows up, I don’t know who would win, me or him.”Two men attend the Dev Patel lookalike competition on Sunday in San Fransisco. In the South Asian community, excitement is brewing over a Zayn Malik look-alike competition set for Nov. 17 in Brooklyn.

Persons: Dev Patel, Dolores, Millionaire, Jaipreet Hundal, “ Shoutout, ” Hundal, ”, Patel, Sitara Bellam, Tasnim Khandakar, “, ” Bellum, ” Khandakar, Harry Styles, Paul Mescal, Malik, “ I’m Organizations: South, NBC News, NBC, San Francisco Bay Area Locations: New York, San, Jose, San Fransisco, British, Berkeley, U.S, San Francisco Bay, London, Irish, Dublin, Brooklyn, fangirls, Hundal

☆ Chappell Roan reveals the secrets of a brilliant debut
▼ + stars: | 2024-11-11 | by ( ) www.nbcnews.com time to read: +22 min

… You two have changed pop music forever.”Dan Nigro and Chappell Roan speak with Brandi Carlile at The Grammy Museum on Nov. 7 in Los Angeles. Some frustration was expressed over the inability of execs to “get” Roan from the outset, not least of all from Carlile. “I think I’m better at it now. “I think that’s why it was so heavy. “I think that’s absolutely gorgeous.

Persons: ”, Chappell, Brandi Carlile, Roan, Dan Nigro, Chappell Roan, “, “ I’m, Carlile, Elton John, John, ” Dan Nigro, Rebecca Sapp, Olivia Rodrigo’s, Nigro, mesmerizingly, might’ve, Missourian, Said Roan, ’, “ It’ll, I’ve, Patsy Cline swoops, Roan didn’t, Said Nigro, Skyler, you’re, I’d, It’s, ” Roan, ” Carlile interjected, —, ” Carlile, Nigro “, ” Said Roan, Rami Malek, they’re, ” Said Nigro, it’s, We’ve, Declan McKenna, ” Said Carlile, Adele, they’d, I’m, …, it’ll, … ” Carlile, Aunt Kim, Dan, “ we’ll, ‘ That’s, ‘, ’ Chappell, we’re, baring Organizations: Museum, The Recording Academy, Academy, Cocteau Twins, SNL, Pony, ’, ‘ California ’, ‘ YMCA, Gaga, ” Locations: L.A, Roan, Nigro, Los Angeles, Missourian Roan, “, eureka, California, Manhattan, ‘ California, Feburary

SEOUL, South Korea — As foreign governments prepare to deal with a second Trump administration, at least one key U.S. ally is hoping to make headway on the fairway. Last month, the U.S. and South Korea agreed on a new five-year cost-sharing plan for the U.S. troops. Maintaining a strong security alliance with the U.S. is especially important for South Korea given the growing hostility from nuclear-armed North Korea. That in turn could lead South Korea and even Japan to consider whether they need nuclear weapons of their own. Stella Kim reported from Seoul, South Korea, and Jennifer Jett reported from Hong Kong.

Persons: Trump, Yoon Suk, “, Donald Trump, Yoon, ”, Shinzo Abe, David Boling, Chung Sung, Abe, Abe “, Boling, ” Yoon —, ” Jeremy Chan, “ I’ve, Yoon doesn’t, he’s, ” Chan, Lydia Ko, Ko, Shigeru Ishiba, ” Boling, Chan, Choi Sang, mok, Joe Biden, Brendan Smialowski, Kim Jong, Stella Kim, Jennifer Jett Organizations: NBC, South, Eurasia Group, Trump, House, Paris Olympics, Japanese, U.S, South Korean Finance, Seoul, Getty Locations: SEOUL, South Korea, U.S, Florida , New Jersey, Virginia, North Korea, Japan, New York, Seoul, United States, East Asia, China, Northeast Asia, New Zealand, Scotland, Korea, Chiba, AFP, Hong Kong

☆ Taylor Swift, Tyla triumph at MTV Europe Music Awards; host pays tribute to Liam Payne
▼ + stars: | 2024-11-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

Pop megastar Taylor Swift was the big winner at the MTV Europe Music Awards on Sunday, picking up four trophies at the Manchester ceremony in England, which included a tribute to late singer Liam Payne. Swift, who had led nominations with seven nods, won best artist, best video for her collaboration with Post Malone “Fortnight”, best live and best U.S. act. South African singer Tyla followed with three prizes — best Afrobeats, best R&B and best African act. A message from Taylor Swift accepting the Best Video award during the MTV EMAs in Manchester, England on Sunday night. Best K-pop went to Jimin, Mexican singer Peso Pluma won best latin while Manchester native Liam Gallagher took best rock.

Persons: megastar Taylor Swift, Liam Payne, Swift, Post Malone, it’s, ”, Tyla, Sunday’s, Taylor Swift, Dominic Lipinski, Rita Ora, Ora, Payne, “, Sabrina Carpenter, Ariana Grande, Eminem, Pluma, Liam Gallagher, Benson Boone, Busta Organizations: MTV, Department, Viacom International Singer, Manchester Locations: Manchester, England, North America, Paris, Gaza, Buenos Aires, Jimin, U.S

☆ ‘Venom 3’ leads box office again, A24’s ‘Heretic’ scares up $11 million bebut in sleepy weekend
▼ + stars: | 2024-11-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Variety-Live-Blog-Byline-Image.Png | ) www.nbcnews.com time to read: +5 min

“Venom: The Last Dance” is looming over the domestic box office in its third weekend of release. As a result, overall domestic box office revenues remain down more than 11% from 2023 and nearly 27% from 2019, according to Comscore. “Heretic,” featuring “Notting Hill” star Hugh Grant playing against type as a villain, notched third place with $11 million from 3,221 venues. The well-reviewed family film has endured at the box office with minimal week-to-week drops (this weekend was down only 11%), earning $130.2 million domestically and $292 million worldwide so far. Ticket sales declined 52% from its soft $5 million debut, bringing the Robert Zemeckis-directed film to $9.3 million domestically.

Persons: “, ”, Hill, Hugh Grant, Sophie Thatcher, Chloe East, Grant, Critics, David A, Gross, Dallas Jenkins, Judy Greer, Pete Holmes, Lauren Graham, Tom Hardy, Eddie Brock, ” Gross, Dwayne “, ” Johnson, Paramount’s “, ” “, Tom Hanks, Robin Wright, Robert Zemeckis, Ralph Fiennes, Paul Dergarabedian Organizations: Rotten, Entertainment Research, Sony Pictures, Everett, Universal, DreamWorks, Miramax, Sony Locations: Hollywood, North America, New York

☆ What a second Trump presidency could mean for your finances
▼ + stars: | 2024-11-11 | by ( Sharon Epperson | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat a second Trump presidency could mean for your financesPresident-elect Donald Trump promises big changes in taxes and tariffs that will impact the economy and your money. CNBC Senior Personal Finance Correspondent explains what a second Trump term could mean to your bottom line.

Persons: Trump, Donald Trump Organizations: CNBC, Trump

☆ Who will be in Trump's administration? A breakdown of the people who will shape key policies over the next 4 years.
▼ + stars: | 2024-11-11 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +1 min

Jabin Botsford/The Washington Post via Getty ImagesSusie Wiles is set to make history as the country's first female chief of staff to a president. A veteran Florida strategist who led Trump's political operation for nearly four years, Wiles is seen as loyal and supremely capable. A grandmother who keeps a relatively low public profile, Wiles is Trump's only campaign manager to have lasted an entire election cycle, The New York Times reported. She has a proven ability to manage Trump's unpredictable personality, which will be crucial as she takes on what some consider the second-most-powerful job in Washington, behind the presidency itself. Chris LaCivita, Trump's co-campaign manager, described her as "loyal and honest as the day is long."

Persons: Susie Wiles Susie Wiles, Jabin, Susie Wiles, Wiles, Susie, Trump, Chris LaCivita, Trump's, Elon Musk, Robert F, Kennedy Jr, John Kelly, he's, MAGA diehards Organizations: Washington, Getty, New York Times, Elon Locations: Florida, Washington

☆ Here's what a new Trump administration could mean for your money, financial advisors say
▼ + stars: | 2024-11-11 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

Leah Millis | ReutersNow that Donald Trump has been elected president, many individual investors are wondering what that means for their money. Yet, when it comes to long-term performance of the markets and policies that Trump proposed on the campaign trail, financial advisors say it's best to take a wait-and-see approach before making any big money decisions. Lee Baker, a CFP and owner of Claris Financial Advisors in Atlanta, said he's also told clients not to make wholesale financial changes now. Many investors expect Trump to lead with faster economic growth and more market-friendly policies, said Francis during a Friday webcast on what Trump's presidency could mean for investors' money. While those policies would put more money in Americans' pockets, Francis noted, other experts say it's too soon to count on those changes.

Persons: Donald Trump, Leah Millis, Trump, Jude Boudreaux, Boudreaux, Lee Baker, he's, Baker, I've, Stacy Francis, Francis Financial, Francis, it's, Marguerita Cheng, Cheng, Trump's, David Haas, CNBC.com Organizations: Trump, U.S . Capitol, Reuters, Dow Jones, CNBC FA, Claris Financial, Francis, Blue, Global Wealth, Social Security, Cereus Financial, Security Locations: U.S, Washington , U.S, New Orleans, Atlanta, New York City, Gaithersburg , Maryland, Franklin Lakes , New Jersey

☆ With ‘border czar’ pick, Trump shows he is poised to re-make the Fox News White House
▼ + stars: | 2024-11-11 | by ( Brian Stelter | ) edition.cnn.com time to read: +3 min

Now, in a full circle moment, the immigration hard-liner is leaving Fox and rejoining Trump as the president-elect prepares to take office again. Once Homan became a Fox contributor, he was a regular presence across the network’s morning and prime time shows. Once President Joe Biden took office, Homan became an outspoken critic of the Democratic administration. “I have been on this network for years complaining about this administration did to this border,” Homan said in Monday’s appearance. Homan will no longer be a Fox contributor, effective Monday, a network spokesperson confirmed to CNN.

Persons: Tom Homan, didn’t, Donald Trump’s, –, “, Fox, ” Homan, Homan, Trump, Obama, ”, Juliet Jeske, Jeske, Trump’s, ” Jeske, ” Trump, Friends ”, Lawrence Jones, Anthony Scaramucci, Richard Grenell, Heather Nauert, Morgan Ortagus, Bill Shine, Joe Biden, ” “, Brian Kilmeade, ” Kilmeade, Maria Bartiromo, It’ll Organizations: New, New York CNN, US Immigration, Customs, Fox News, Fox, Trump, “ Fox, Friends, Democratic, ” “ Fox, CNN, ICE Locations: New York

☆ Trump's tariffs will make it hard for automakers — including Tesla — to set up shop in Mexico
▼ + stars: | 2024-11-11 | by ( Tom Carter | ) www.businessinsider.com time to read: +7 min

Analysts said tariffs on cars imported from Mexico would have dire consequences for US automakers. Tesla announced in March 2023 that it was planning to build its seventh gigafactory near the industrial hub of Monterrey, Mexico. Trump vowed to clamp down on automakers building cars in Mexico on the campaign trail, and the prospect of new tariffs could force US automakers such as Tesla to make some hard choices about operational or planned factories in Mexico. Analysts told BI that the tariffs floated by Trump would deter automakers such as Tesla from investing in Mexico. Other automakers have expanded their presence in Mexico, despite the uncertainty of the election and the prospect of tariffs under a second Trump term.

Persons: Donald Trump, Elon Musk, —, Tesla, Trump, It's, Donald Trump's, Alex Brandon, Musk, Sam Fiorani, Fiorani, Ford, David Whiston, Scott Olson, BYD, Stephanie Brinley, Alanis King, Brinley, Stellantis Organizations: Service, Mexico —, AP, UBS, Trump, AutoForecast Solutions, General Motors, Ford, Getty, Toyota, Tacoma, Nissan, Volkswagen, BYD, Chrysler, Street Journal, BMW, P Global, Toyota Tacoma, GM Locations: Mexico, Monterrey, Detroit, United States, Cuautitlan, Toluca, San Luis Potosí

☆ Is this going to be a Twitter presidency or a TV one?
▼ + stars: | 2024-11-11 | by ( Peter Kafka | ) www.businessinsider.com time to read: +6 min

Does this mean Twitter is going to be more important in the Trump 2.0 era? It's really not Twitter — it's — Twitter goes on television, or if they have breaking news, I'll tweet, I'll say "Watch this — boom." AdvertisementTrump was the TV presidentTrump was transfixed by TV, and that meant TV was the most important medium during his first presidency. Musk, for instance, spent part of his Sunday using Twitter to criticize "Saturday Night Live" — just like Trump used to do. But I will be surprised if Donald Trump, TV guy, becomes Donald Trump, Twitter guy.

Persons: Donald Trump, Elon Musk, Trump, —, Tucker Carlson, Charlie Kirk, Kirk, US Sen, Rick Scott, 🇺🇸🇺🇸, own e, abou, witt, and i, ike Organizations: Twitter, Service, Trump, US, itt, Fox, Adv

☆ The 'Trump trades' that also give you income as you wait for policies to come to fruition
▼ + stars: | 2024-11-11 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

In addition, analysts had to predict further gains ahead — the stocks have at least 1% upside to the average price target, according to FactSet. Bank of America is among those on Wall Street that think the banks' move since Election Day has not been excessive. Citizens gained 30% from Election Day 2016 through the end of that year and jumped 14% on Wednesday. It added nearly 4% the day after the election and gained 18% from Election Day 2016 through the end of that year. Halliburton, which yields 2.3%, has the largest potential upside ahead — nearly 32% to the average price target.

Persons: Donald Trump, Jeremy Siegel, Ebrahim Poonawala, Trump, Piper Sandler, Mark Fitzgibbon, Keith Horowitz, Halliburton, Jeff Miller Organizations: Dow Jones, Wharton School, CNBC, Bank of America, UST, Trump, Regional Banking, Citizens Financial, Fifth Third Bancorp, Citizens, Fifth, Citigroup, Citi, Marathon Petroleum, Halliburton Locations: Gulf of Mexico

☆ Europe faces a 'full-blown recession' under Trump's tariffs, big bank says
▼ + stars: | 2024-11-11 | by ( Polly Thompson | Will Martin | ) www.businessinsider.com time to read: +3 min

Europe could fall into recession in 2025 under Trump's economic proposals, a major EU bank said. AdvertisementThe eurozone economy faces the possibility of a looming recession as tariffs promised by President-elect Trump look set to dampen growth, according to analysts at a Dutch bank. Trump pledged on the campaign trail to impose a fresh era of trade tariffs, building on policies he enacted during his first term as president. European Union economic growth is already struggling, and has lagged behind the US in recent years. He said Europe's economic challenges, including high energy costs, sluggish economic growth, and geopolitical instability, would only get worse in the event of a tariff battle with the US.

Persons: —, Trump, James Knightley, Nigel Green, Green Organizations: ING, Service, Trump, deVere Locations: Europe, China, Europe's, Ukraine, NATO

☆ T. Rowe Price's Tony Wang on what to buy in Big Tech
▼ + stars: | 2024-11-11 | 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 EmailT. Rowe Price's Tony Wang on what to buy in Big TechTony Wang, T. Rowe Price portfolio manager, joins 'Squawk Box' to discuss the state of the tech sector, performance of AI stocks, what to buy in Big Tech, and more.

Persons: Rowe, Tony Wang, Big Tech Tony Wang, Rowe Price Organizations: Big Tech

☆ Climate Action 15: 2024's Leading Innovators for a Sustainable Future
▼ + stars: | 2024-11-11 | by ( ) www.businessinsider.com time to read: +40 min

Editor's note: Business Insider's reporters and editors nominated leaders based on insights from past Climate Action honorees, expert sources, and reader submissions. Courtesy of Jayson RicamaraSaudi Arabia, with its hot desert climate and little fresh water, is one of the most difficult farming environments. AdvertisementIyris in October also launched a sustainable-farming pilot in Saudi Arabia with chemical and plastic manufacturers as well as companies including Red Sea Global, a luxury tourism developer. A UN climate panel estimated that harnessing wave energy could supply 20% more electricity than the world produced in 2022. The US is trying to shore up its own mining and manufacturing base to curb China's power, including in battery recycling.

Persons: Derya Baran, Iyris Derya Baran, Jayson Ricamara, Baran, SecondSky, who's, Inna Braverman, Braverman, David Leb, Charles Callaway, Environmental Justice Charles Callaway ., Callaway, Clara, Gretchen Cara Daily, Stanford University Gretchen Cara Daily, Daily, NatCap, Juan Carlos Navarro, Panama Juan Carlos Navarro, Panama Navarro, José Raúl, Haiti —, Navarro, del, Reinhold Gallmetzer, Reinhold, Gallmetzer, Brazil's JBS, packer, Diane Gilpin, Smart Green Shipping Diane Gilpin, Gilpin, Drax, Roberta Tuurraq Glenn, Borade, Savok Glenn, Glenn, Cynthia Houniuhi, Houniuhi, it's, Arvind Kumar, Prasad, Rice, Kumar, Ari Matusiak, Gazur, Matusiak, —, Duncan McIntyre, McIntyre, Altenex, Ozane, Biden, It's, Delta, Liz Ricketts, Charlie Engman Ricketts, Ricketts, Ricketts didn't, Chao Yan, Princeton NuEnergy Chao Yan, Yan Organizations: Iyris, United Arab, King Abdullah University of Science, Technology, Red, Eco, UN, Eco Wave Power, Shell, Environmental Justice, Proctor Academy For Callaway, Metropolitan Transportation Authority, Green Institute, Callaway, Natural, Stanford University, Stanford, Facility, Ministry, Environment, Panama's, UNESCO, US State Department, National Association for, Nature, Center, for, Carrefour, Nestlé, Smart Green Shipping, Scottish Enterprise, International Windship Association, Maritime Organization, Union, Alaska Arctic Observatory, National Weather Service, AAOKH, University of Alaska, Pacific Islands, University of, International Court of Justice, United Nations, Prasad Seeds, Labor, Prasad, International Rice Research Institute, Rewiring, Reduction, Communities, Highland Electric, Schools, Highland, Beverly Public Schools, Fortune, Edison International, Louisiana, US Department of Energy, Ozane, White, LNG, Vessel Project, Biden, Department of Energy, Kantamanto, London . Brands, McKinsey, Princeton, New Jersey Institute of Technology, Princeton University, Princeton NuEnergy, Energy, Laboratory, EV Locations: Jayson Ricamara Saudi Arabia, Saudi Arabia, United Arab Emirates, Egypt, Spain, Ukraine, Cherkassy, Israel, Gibraltar, Port of Los Angeles, Porto, Portugal, West Harlem, New York City, Clara Hale, Costa Rica, Belize, China, NatCap, Stanford, Panama, Colombia, Venezuela, Haiti, Panama City, Brazil, Peru, Brazilian, , Norway's, Barrow, Furness, Alaska, University of Alaska Fairbanks, Utqiaġvik, Fanalei, Solomon Islands, Fiji, Vanuatu, Tonga, Asia, Saharan Africa, India, Philippines, Nepal, Bangladesh, Africa, Hyderabad, South, Southeastern Asia, Subhanpur, Rewiring America, Massachusetts —, Sulphur , Louisiana, Calcasieu, Vessel Project Louisiana, Accra, Ghana, New York, London, Kantamanto, Taiyuan, China's Shanxi, Argonne, South Carolina

☆ President Trump made many tax cut promises. Even with GOP sweep, they won't be easy for Congress to keep
▼ + stars: | 2024-11-11 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +15 min

"Look at which tax cuts were getting the most focus on the campaign trail. A traditional GOP tax policy might be thought of as favoring business tax cuts. "The top priority is extending the Trump tax cuts and the signature part of his program. Notably, House Speaker Mike Johnson has voiced support for the traditional view of funding tax cuts through economic growth. Individual tax cuts versus Social Security, business tax breaksHistory shows that when it comes to the battle between individual and business tax cuts, contrary to popular perception, individual tax issues are always politically dominant issue.

Persons: Donald Trump, Mnuchin, Stamper, Dustin Stamper, Grant Thornton, Rohit Kumar, Mitch McConnell, Trump, Kumar, Mike Crapo, Mike Johnson, It's, PwC, Biden, John Paulson, Paulson, Elect Trump, Joe Manchin, Kamala Harris, Elon Musk Organizations: Van Andel, Trump, GOP, Representatives, Idaho Republican, Senate, Capitol, Social Security, Child Tax, Corporations, New York Times, Republican, Social, Tax, Republicans, Democrats, West, CBO, IRS, Defense, Federal Reserve, Washington , D.C Locations: Grand Rapids , Michigan, U.S, Idaho, West Virginia, Washington ,

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