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CNBC Daily Open: Nasdaq record, $25 trillion Tesla?
  + stars: | 2024-06-17 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Nasdaq recordThe Nasdaq Composite hit its fifth consecutive record close, while the S&P 500 and Dow Jones Industrial Average saw slight declines. Consumer sentiment dropped in June, but hopes for cooling inflation boosted the S&P 500 and Nasdaq by 1.6% and 3.2% respectively for the week. Caterpillar and Boeing dragged down the Dow, while Carnival and Norwegian Cruise Line were the biggest laggards on the S&P 500. Tempus AI debutTempus AI, an AI-driven health-care diagnostics company, rose as much as 15% in its Nasdaq stock market debut.
Persons: Elon Musk, Recep Tayyip Erdogan, Fatih Aktas, Pavan Davuluri, Eric Lefkofsky, Adobe, Shantanu Narayen, Pope Francis Organizations: Turkish, United Nations, UN, Anadolu Agency, Getty, CNBC, Nasdaq, Dow Jones, Caterpillar, Boeing, Dow, Cruise Line, Microsoft, Windows, Google, China, Seven, JPMorgan Locations: New York, United States, Carnival, Russia
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe US is facing its most intense battle since World War II against Yemen's Houthi rebels, experts say. "This is the most sustained combat that the US Navy has seen since World War II — easily, no question," he said. US warships from the US Navy's Dwight D. Eisenhower Carrier Strike Group had fired over 500 munitions fighting the Houthis, Business Insider reported on May 23. Sailors often have only a few seconds to confirm an incoming Houthi strike.
Persons: , Yemen's Houthi, Bryan Clark, Navy submariner, Dwight D, CENTCOM, Yemen's, Mohammed Hamoud, National Intelligence Avril Haines, Cmdr, Eric Blomberg, Laboon, David Wroe, Eisenhower, Navy Carlos Del Toro, Biden, Brian Finucane, Fabian Hinz Organizations: Service, Navy, Hudson Institute, Associated Press, Business, US Navy, Congressional Research Service, Eisenhower Carrier Strike, military's, Command, National Intelligence, AP, Pentagon, Munitions, Crisis Group, Institute for Strategic Studies, Palestine Locations: Israel, Gaza, Red, Yemen, Iran, Palestine, Eilat, London
Before he started a company 15 years ago selling the world’s smelliest fruit, Eric Chan had a well-paying job writing code for satellites and robots. The fruit, durian, has long been a cherished part of local cultures in Southeast Asia, where it is grown in abundance. When Mr. Chan began his start-up in his native Malaysia, durians were cheap and often sold from the back of trucks. Last year, the value of durian exports from Southeast Asia to China was $6.7 billion, a twelvefold increase from $550 million in 2017. China buys virtually all of the world’s exported durians, according to United Nations data.
Persons: Eric Chan, Chan Organizations: China, United Nations Locations: Southeast Asia, Malaysia, China, Thailand, Vietnam
French President Emmanuel Macron promptly turned the country on its head by announcing a snap legislative election. Marine Le Pen addresses her supporters alongside National Rally President Jordan Bardella during an event on Sunday following the European elections. Marion Marechal addresses supporters of her party, Reconquest, alongside party president Eric Zemmour, left, on Sunday. In his statement on X, formerly Twitter, he refuted Marechal’s accusations that he had sunk a deal with National Rally. The fact of Ciotti’s endorsement, even if rejected by others in his traditionalist party, indicates how far National Rally has moved into mainstream politics.
Persons: defenestrated, Emmanuel Macron, , , there’s, acolyte Jordan Bardella, Macron’s, Jordan Bardella, Julien de Rosa, Eric Ciotti, Republicans –, , Le Pen’s, Valerie Pecresse, Ciotti, Stephane de Sakutin, Marion Marechal, Eric Zemmour, Marechal, Zemmour, “ Let’s, BFMTV, “ She’s, Ian Langsdon, Le, Julen Chavin Organizations: Paris CNN —, National, National Rally, Republicans, Paris, Facebook, , Getty Locations: France, France’s, AFP, Paris, Thusrday
Would anybody like to see him as vice president?” Trump asked the crowd. Trump’s attempts to court Black voters come as polls show that Black men are more open to supporting the Republican nominee in this year’s election than they have historically been. Trump won roughly 1 in 10 Black voters nationally in 2020, according to multiple estimates, including 12% in CNN’s exit poll. He’s the king of the ‘super predators,’” Trump said during the roundtable discussion. “President Trump is not your typical politician,” Carson said.
Persons: Donald Trump’s, Trump, Byron Donalds, Ben Carson —, Carson, Donalds, , ” Trump, Trump’s, Biden, Joe Biden, Donald Trump, Scott Olson, , Semafor, , “ Donald Trump, ” Jasmine Harris, Hillary Clinton, “ Biden, ” Biden, Abraham Lincoln, ” Carson Organizations: CNN, Saturday, Church, Republicans — Florida, Urban, Trump ”, Republican, New York Times, Siena College, Trump, Black, Getty, Republicans, Milwaukee — Locations: Detroit, Siena, CNN’s, Michigan, Georgia, Pennsylvania, Baltimore, Washington, Milwaukee, Wisconsin’s
CNN —A truism of American politics is that older voters prefer the Republican and younger voters prefer the Democrat. In 2012, Republican Mitt Romney lost the election, but he did better than Democrat Barack Obama among voters 45 and older. Older voters are gravitating to Biden, and younger voters are taking a look at Trump. But older voters have gone in the opposite direction, and instead of favoring Trump, are nearly split in the Marist poll. Despite the shift of older voters in the direction of Biden (and younger voters away from him), I was surprised to see older voters still have reservations about Biden’s age.
Persons: Democrat Joe Biden, Republican Donald Trump, , Trump, Hillary Clinton, Clinton, Republican Mitt Romney, Barack Obama, haven’t, George H.W, Bush, Michael Dukakis, Al Gore, Republican George W, gravitating, Biden, “ Joe isn’t, , Jill Biden, CNN’s Jeff Zeleny, Eric Bradner, Bradner, Linda Van, , I’d, Ronald Brownstein Organizations: CNN, Democrat, Republican, Electoral, Voters, Trump, Marist, Quinnipiac University, New York Times, Siena College Locations: Pennsylvania, Wisconsin, Michigan,
Some Trump allies, including another veteran of his 2016 campaign and the Trump White House, former campaign manager Kellyanne Conway, have downplayed the former president’s comments. Earlier this month, Conway noted that Trump’s Justice Department did not try to prosecute Hillary Clinton despite the chants of “Lock her up!” at 2016 campaign rallies. But other allies have responded more forcefully to Trump’s conviction in his New York hush money trial. He was sentenced to four months in prison, and a federal judge earlier this month ordered him to report to prison by July 1. Once a top adviser to Trump’s 2016 campaign and a senior White House aide, the bombastic Bannon is now a right-wing podcaster with a following of loyal Trump supporters.
Persons: Steve Bannon, Donald Trump, Bannon, Trump, , ” Bannon, , ” Trump, Sean Hannity —, it’s Joe Biden, Hannity, Kellyanne Conway, Conway, Hillary Clinton, , Jim Jordan, Attorney Alvin Bragg, Matthew Colangelo, Marco Rubio, Vance of Ohio —, Biden, Kevin McCarthy, Ronna McDaniel, Roger Stone, Rudy Giuliani, “ they’re Organizations: CNN, Fox News, Trump, Trump White House, Trump’s, Ohio, Attorney, Capitol, White House, Republican National, Justice Department, FBI Locations: New York, Detroit, Manhattan, Marco Rubio of Florida
After Trebek's death in 2020, "Jeopardy!" featured a series of guest hosts until Ken Jennings took over as the show's permanent replacement. Ken Jennings. While the show searched for a new permanent host, celebrities such as Katie Couric, Anderson Cooper, LeVar Burton, and Aaron Rodgers took turns guest-hosting "Jeopardy!" But we can honor him by playing the game he loved," Jennings said during his first episode as guest host.
Persons: Ken Jennings, Eric McCandless, Disney Trebek, Katie Couric, Anderson Cooper, LeVar Burton, Aaron Rodgers, Mike Richards, Mayim Bialik, Jennings, Alex Trebek Organizations: Disney
110 of these images are published now in the monograph “My America;” quiet, monochromatic images of everyday sites like parking lots, rural roads and suburban sidewalks. Diana MatarMonique Deckard, 43, was shot and killed by police officers outside her apartment in Anaheim, California, on March 8, 2015. Two chairs on a sunny sidewalk in Los Angeles, California, indicate where 37-year-old Norma Guzman, 37, was shot and killed by police officers in 2015. Terence Crutcher, 40, was shot and killed by a police officer in Tulsa, Oklahoma on September 16, 2016. Diana MatarClemente Najera, 38, was shot and killed by a sheriff's officer in Elsinore, California, on April 15, 2016.
Persons: Diana Matar, , ” Matar, “ Timewise, , Matar, Saycon, Diana Matar Charles Pettit Jr, Diana Matar Monique Deckard, Terence Crutcher, Jose Cruz, Norma Guzman, ” Norma Guzman, Guzman, Diana Matar Rodney Turner, Diana Matar Ian King, , Eric Garner, Michael Brown, Tamir Rice, Walter Scott, — Matar, Diana Matar Clemente Najera, Diana Matar Jose Rodriguez, Diana Matar “ Organizations: CNN, The Guardian, Los Angeles City Council, Columbia University’s Barnard College Locations: California, Texas, Oklahoma, New Mexico, Long Beach , California, Midwest City , Oklahoma, Anaheim , California, Tulsa , Oklahoma, Addison , Texas, Los Angeles , California, Oklahoma City , Oklahoma, Ponca City , Oklahoma, New York City, Libya, North Africa, Italy, Ukraine, Ferguson , Missouri, Cleveland , Ohio, Charleston , South Carolina, America, Elsinore , California, Albuquerque , New Mexico,
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTempus AI CEO Eric Lefkofsky on going public: It's been an incredible journeyTempus AI founder and CEO Eric Lefkofsky joins 'Squawk Box' to discuss taking the company public on Nasdaq later today, the origin of the company,
Persons: Eric Lefkofsky, It's Organizations: Nasdaq
"#TheBoys Season 4 Premiere Week is the perfect time to announce: Season 5 will be the Final Season! Season 4 is designed to be a darker, more introspective season ahead of the all-out action of season 5Jeffrey Dean Morgan as Joe Kessler and Karl Urban as Billy Butcher in season four of "The Boys." Season 5 of 'The Boys' will definitively wrap up the show's storyKarl Urban as Butcher and Antony Starr as Homelander in the season three finale of "The Boys." But the upcoming fifth season of "The Boys" will be the end of the road for the show. Jasper Savage/Prime Video"It's not totally locked in yet, but we are going to start shooting around mid-November," Kripke told Variety.
Persons: , Eric Kripke, Kripke, Jeffrey Dean Morgan, Joe Kessler, Karl Urban, Billy Butcher, Jasper Savage, Nathan Mitchell, Black Noir, Chace Crawford, Butcher, Antony Starr, Homelander, Jack Quaid, Hughie Campbell, Erin Moriarty, Annie, Variety Organizations: Service, Business, Hollywood, Amazon Studios Locations: Mexico
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy it may be hard for the Delaware judge to ignore the mandate of Tesla stockholdersEric Talley, law professor at Columbia University, discusses the next steps for Tesla after shareholders re-approved CEO Elon Musk's multi-billion dollar pay package.
Persons: Eric Talley, Elon Musk's Organizations: Columbia University Locations: Delaware
Fatherhood is good for dads. Here’s why
  + stars: | 2024-06-14 | by ( Elissa Strauss | ) edition.cnn.com   time to read: +9 min
CNN —Many arguments about why dads should do more parenting focus on why that would be good for their wives or partners and kids. Simon & SchusterBut with their kids, dads have a chance to explore all these sides and more, often away from the scrutiny of the public eye. Dads really are doing more careIt may not always feel like fathers are doing more parenting, but they are. One cross-national study found that dads spent an average of 16 minutes a day caring for their kids in 1965. Also, dads find parenting “extremely important to their identity,” and enjoyable and rewarding nearly identically as often moms do.
Persons: It’s, Elissa Strauss, Simon, Schuster, ” Matt Englar, Carlson, Eric Gardner, Gardner, ” Gardner, ” Stephanie Coontz, , Brad Harrington, Harrington, they’re, , Caregiving, Brian Anderson, David Bullman, Bullman, I’m, , ” Elissa Strauss Organizations: CNN, Center for Boys, California State University, Fullerton, US Army, Boston College Center for Work, American Psychological Association, Others Locations: Colorado Springs
Tempus AI, a health-care diagnostics company that uses AI to interpret medical tests to help physicians provide more accurate treatment for their patients, rose by as much as 15% in its Nasdaq Stock Market trading debut on Friday, after going public under the ticker symbol "TEM." Tempus AI priced 11.1 million shares at $37 apiece on Thursday, at the top of its initial $35 to $37 target range. Its early gains, if they hold, would place the company at a valuation of roughly $7 billion. Tempus believes that AI can help guide therapy selection and treatment decisions, in conjunction with the patient's doctor. "We're on a really good trajectory," Tempus AI CEO Eric Lefkofsky said on CNBC's "Squawk Box" Friday morning before shares started trading.
Persons: Eric Lefkofsky, we're Organizations: Nasdaq Stock Market
Read previewIn a blow to celebrity trainer Tracy Anderson, a federal judge ruled this week that the fitness pioneer's famous exercise "method" is "uncopyrightable." The high-profile fitness guru said in the lawsuit that Roup copied her signature workout, the "Tracy Anderson Method" or "TA Method" — a dance-based workout routine. The order added, "And because the TA Method is uncopyrightable, the Court need not reach the issues of whether the TA Method could be considered choreography and if TAMB [Tracy Anderson Mind and Body] actually owns the copyrights." "We are pleased with the Court's ruling unequivocally rejecting Tracy Anderson's copyright claim, finding that the TA Method is not copyrightable, full stop," Bach said. AdvertisementAnother former trainer said that while she was still working at Tracy Anderson, she was reprimanded by management for merely liking former instructors' Instagram posts.
Persons: , Tracy Anderson, Philip Gutierrez, Anderson, Megan Roup, Roup, Gutierrez, Anderson's, Gina Durham, Durham, Nathaniel Bach, Tracy, Bach, Megan, Samuel Eric Anderson Roup, Gwyneth Paltrow, Jennifer Lopez, Victoria Beckham Organizations: Service, Central District of, Business, Roup, Pop Locations: Central District, Central District of California
One of the biggest bangs heard in the history of wine, on a May evening in 1976, caused barely a ripple in the home of Warren and Barbara Winiarski, the proprietors of Stag’s Leap Wine Cellars in Napa Valley. The day before, a 1973 Stag’s Leap cabernet sauvignon had won a tasting in Paris that pitted some of the greatest French wines against bottles from upstart California. His article, “Judgment of Paris,” trumpeted a shocking David-over-Goliath triumph that gave the fledgling California wine business a swift dose of international credibility. “The unthinkable happened: California defeated all Gaul,” Mr. Taber wrote. Almost 50 years later, marketers are still using that tasting, re-enacting it countless times, to sell California wines around the world.
Persons: Barbara Winiarski, Winiarski, , George M, Taber, David, ” Mr Organizations: Time Locations: Warren, Napa Valley, Paris, California, France, Gaul
"I had no idea that it was going to be Tilda Swinton." Last season, The Deep encountered a female octopus named Ambrosius while attending Herogasm. Ambrosius (voiced by Tilda Swinton) and The Deep (Chace Crawford) on season four of "The Boys." "There's four of them in the world, and Tilda Swinton is one of them." Tilda Swinton at the 20th Marrakech International Film Festival in Morocco on November 27, 2023.
Persons: , Chace Crawford, Tilda Swinton, Crawford, Ambrosius, Katy Breier, Ashley Barrett, Colby Minifie, Eric Kripke, Kripke, Vianney Le Caer, he's, I'm, Organizations: Service, Business, Academy Locations: Marrakech, Morocco
On doing 10 auditions for 'Sixteen Candles' and casting John Cusack himselfJohn Cusack, Hall, and Darren Harris in "Sixteen Candles." Is it true that you were the one who cast John Cusack for the role of Bryce, one of Ted's geek friends? I remember John was doing post-production on "Sixteen Candles," and he wanted to show it to me. This is six or eight months later because he did "Sixteen Candles," "The Breakfast Club," and "Weird Science" consecutively. On Christopher Nolan's on-set uniform and developing a 'Succession'-like TV series with Robert Downey Jr.(L-R) Roberty Downey Jr. and Anthony Michael Hall.
Persons: Anthony Michael Hall, Chase, John Candy, John Hughes, Hall, Bill Gates, Christopher Nolan's, Michael Myers, Jessica Alba's, Stanley Kubrick's, Robert Downey Jr, John Candy Anthony Michael Hall, I'm, Eugene Levy, Michael, Uncle Buck, John Cusack, Darren Harris, Ted, Jackie Burch, John, Bryce, Ally Sheedy, Judd Nelson, Emilio Estevez, Molly Ringwald, Ilan Mitchell, Smith, Hughes, Ferris, Chateau Marmont, Mike Tyson, , I'd, Tim Burton, Edward Scissorhands, Matthew Modine, Davis, Stanley Kubrick, Kubrick's, Kubrick, that's, Chaplin, Winona Ryder, Fox, Jim, Tim Burton's, Tim, Walt Disney, Roberty Downey, Eric Charbonneau, WireImage, Christopher Nolan, Burton, Nolan, it's, Downey, It's, he's, You've, I've Organizations: Business, Netflix, Warner Bros, Hall, Columbia Locations: Hollywood, Silicon Valley, Polish, New York, Manhattan, Beverly Hills, Tampa
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're much happier living in Spain than in the U.S. — here's how much it costsJessica and Eric Smith relocated from Kansas to Logroño, Spain in 2021 with about $45,000 in savings. Despite achieving many elements typical of the American dream, the couple says they still felt unfulfilled. Jessica was seven months pregnant when they made the move abroad, and two months later their son, Quinton, was born. Jessica and Eric have since found a way to live in Spain long-term by becoming self-employed content creators.
Persons: , Jessica, Eric Smith, Quinton, Eric Locations: Spain, U.S, Kansas, Logroño
He’s poised to become the next prime minister if the French president loses his gamble in the upcoming snap election. Bardella, the National Rally party leader, grew up an only child in social housing in Seine-Saint-Denis, a working-class suburb in the northeast of Paris. Le Pen handpicked the young politician to head the party in 2022 – ending a 50-year-rule by the Le Pen dynasty – and bring a fresh boost to the French populist right. Le Pen, a self-described Bardella groupie, has said she’s always been a great admirer of his and that he shows great maturity. Bardella and Le Pen attend the National Rally party's Congress in Paris, France, November 5, 2022.
Persons: Jordan Bardella, Emmanuel Macron’s, He’s, Denis, ” Bardella, , Macron, Le Pen, Le, Marine’s, Jean, Marie Le Pen, Bardella, Jeff Pachoud, Dominique Moisi, , relatable, Luc Mélenchon, Critics, Eric Ciotti, France’s, Pen, Bardella –, , she’s, Christian Hartmann, Emma Leyo Organizations: Paris CNN —, National Rally, Sorbonne, France, National, Macron’s, BFMTV, Republicans, Rally party's Locations: French, Seine, Paris, France, AFP, East, Africa
And under the presidencies of both Donald Trump and Joe Biden, divisions over the issue have only sharpened further. Once in office, Trump sought to execute his broad vision. AdvertisementRepublicans across the country have routinely excoriated Biden over border security since taking office, pointing their fingers at him over record levels of apprehensions at the border. Where Donald Trump stands on immigrationTrump has staked much of his 2024 campaign on Biden's vulnerabilities on immigration among voters. AdvertisementTrump has made it clear that he intends to crack down on illegal immigration should he retake the White House.
Persons: , Donald Trump, Joe Biden, Trump, Biden, New York —, excoriated Biden, Alejandro Mayorkas, Greg Abbott, it's, Eric Adams Organizations: Service, Business, Biden, Immigration, Trump, GOP, Democratic, Senate, Mayorkas, Texas GOP Gov, New York City, Republicans, New York Times, Siena, Wall Street Locations: Mexico, Democratic, Chicago, New York, Las Vegas
CNN —A Monday night demonstration outside an exhibition that pays tribute to those killed at an Israeli music festival last year is “really heartbreaking for everyone involved,” an exhibition spokesperson says. “It was pretty surreal that this protest took place outside of exhibition commemorating hundreds of lives of people that were lost,” the spokesperson, Michelle Rojas, told CNN Monday. The exhibition commemorates those killed at the Nova Music Festival in Israel during the October 7 attacks by Hamas. The protest was part of a “Citywide Day of Rage for Gaza,” in which pro-Palestinian protesters demonstrated outside museums across New York City on Monday. Multiple protesters were taken into custody, and 23 were released with criminal court summons, according to the New York City Police Department.
Persons: , Michelle Rojas, Israel, Eric Adams, , ” Adams, Andrew Bates, Bates, Biden, Rojas, ” Rojas Organizations: CNN, Nova Music, Brooklyn Museum, Hamas, New York City Police Department, New, New York City, Yorker, Nova, NYPD, House, Holocaust Locations: Israel, Gaza, , New York City, New York, York, United States
Khan recently told CNBC that its AI tool will expand from 65,000 students to one million students next year. It also recently announced that Microsoft is paying so that AI can be offered to teachers across the U.S. free of charge. In fact, teachers were the only demographic polled where year-over-year favorability declined, though a majority (59%) still have a positive view of AI chatbots. Minority groups are adopting AI for education at higher rates, including the teachers and parents who are using AI to help children. Black and Hispanic K-12 students and undergraduates were more likely to use AI for school.
Persons: Hyoung Chang, ChatGPT, Ethan Mollick, Sal Khan, Khan, CNBC's, Sam Altman, Greg Brockman, zeroed, Mollick, It's, Nadia, Alan Turing's Organizations: Getty, Microsoft, Apple, Impact Research, Walton Family Foundation, Learning, University of Pennsylvania's Wharton School, Khan Academy, CNBC, Teachers Locations: Denver, Newark , New, U.S
Today’s verdict for Hunter Biden is only the beginning in @HouseGOP's pursuit for accountability. Related storiesSome Republicans are also pointing out that Hunter Biden initially had a plea deal with the federal government, only for it to fall apart. "This is all about protecting Joe Biden and only Joe Biden," Miller wrote. This is all about protecting Joe Biden and only Joe Biden. It is people like Hunter Biden who lie on background checks that give law-abiding, Second Amendment-loving gun owners a bad name.
Persons: , Hunter Biden, Donald Trump, Joe Biden, that's, Biden, Karoline Leavitt, — Daniel Webster, — Eric Schmitt, Marjorie Taylor Greene, Joe Biden’s, Marjorie Taylor Greene 🇺🇸 (, U Organizations: Service, Business, Trump, Republicans, Biden Locations: New York, United States, Marjorie Taylor Greene of Georgia
President Biden has approved the deployment of another Patriot missile system to Ukraine, senior administration and military officials said, as the country struggles to fend off Russian attacks on its cities, infrastructure and electrical grid. Mr. Biden’s decision came last week, the officials said, after a series of high-level meetings and an internal debate over how to meet Ukraine’s pressing needs for bolstered air defenses without jeopardizing U.S. combat readiness. The new Patriot system — the second that the United States has sent to Ukraine — will come from Poland, where it has been protecting a rotational force of American troops who will be returning to the United States, officials said. The system could be deployed to Ukraine’s front lines in the next several days, U.S. officials said, depending on any maintenance or modifications it needs.
Persons: Biden, Biden’s, Ukraine — Organizations: Patriot Locations: Ukraine, United States, Poland
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