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Valued at $4 billion in 2021, Cerebras is reportedly seeking to roughly double that in its IPO. The customer, G42, is backed by Microsoft , and it's entirely responsible for the $1.43 billion purchase commitment. G42 can pick up $500 million more in Cerebras shares if it commits to spend $5 billion on the company's computing clusters. The major Wall Street banks, for their part, are finding other ways to play in the burgeoning AI infrastructure market. Fitch, who said he sold out of his Nvidia stock years ago, told CNBC that the benefits outweigh the risks.

Persons: Andrew Feldman, Ramsey Cardy, Cerebras, —, David Golden, it's, prepayment, CFIUS, Mike Gallagher, Gina Raimondo, Goldman Sachs, Morgan Stanley, JPMorgan Chase, Young, There's, Peter Thiel, Eva Marie Uzcategui, there's, Thiel, Jim Fitch, Fitch, Feldman Organizations: Cerebras Systems, Nvidia, Revolution Ventures, JPMorgan Chase, Microsoft, AstraZeneca, GlaxoSmithKline, Mayo Clinic, Treasury, Foreign Investment, Reuters, Chinese Communist Party, JPMorgan, Citigroup, Barclays, BDO, KPMG, Deloitte, Ernst, Riverstone Networks, CoreWeave, Clarium Capital Management LLC, Bloomberg, Getty, Mizuho Securities, Venture, CNBC, Devices Locations: Toronto, U.S, Sunnyvale , California, Abu Dhabi, China, Miami , Florida, Los Angeles, Florida

☆ UN inquiry accuses Israel of ‘crime of extermination’ through deliberate destruction of Gaza’s health care system
▼ + stars: | 2024-10-11 | by ( Niamh Kennedy | Muhammad Darwish | ) edition.cnn.com time to read: +4 min

CNN —A United Nations inquiry has accused Israel of carrying out a “concerted policy” of destroying the health care system in Gaza during its year-long conflict with Hamas in attacks it said amount to war crimes. Israel’s actions in the besieged Palestinian enclave “constitute the war crimes of willful killing and mistreatment and the crime against humanity of extermination,” the commission said in a statement Thursday. The Israeli foreign ministry rejected “accusations of widespread ill-treatment and torture of detainees,” saying Israel is “fully committed to international legal standards” on treatment of detainees. “Children in particular have borne the brunt of these attacks, suffering both directly and indirectly from the collapse of the health system,” she said. The commission previously alleged that both Israel and Hamas committed war crimes in the early stages of the Gaza war, and that Israel’s actions also amounted to crimes against humanity.

Persons: Israel, “, Pillay, Israel “, Hind Rajab Organizations: CNN, United, UN’s Independent International Commission of, Hamas, UN, Human Rights, Israeli Army’s 162nd, Assembly Locations: United Nations, Gaza, Palestinian, East Jerusalem, Israel, Jihad

☆ 'Succession' star Nicholas Braun plays 2 very different characters in 'Saturday Night' — but that wasn't always the plan
▼ + stars: | 2024-10-11 | by ( Olivia Singh | ) www.businessinsider.com time to read: +4 min

"Succession" actor Nicholas Braun stars as Andy Kaufman and Jim Henson in "Saturday Night." Jason Reitman, the film's director, said that Jim Henson was written with Braun in mind to play the role. Braun also landed a second job as Kaufman after Benny Safdie had to drop out of the movie. Braun, known for his Emmy-winning role as the bumbling, awkward Greg Hirsch on HBO's "Succession," stars as both Jim Henson and Andy Kaufman in "Saturday Night." Advertisement"As we kept on thinking about who would be right for Andy Kaufman, we just kept on coming back to Nicholas Braun," Reitman told IndieWire.

Persons: Nicholas Braun, Andy Kaufman, Jim Henson, Jason Reitman, Braun, Kaufman, Benny Safdie, —, Jason Reitman's, Greg Hirsch, HBO's, Eddie Murphy, Tina Fey, Dan Aykroyd, Reitman's, Jose Perez, Bauer, Griffin, Reitman, IndieWire, Gil Kenan, Henson, Kenan, Hopper, Sony Pictures Braun, Safdie, " Braun, Jim would've, Andy Organizations: Service, NBC, Hopper Stone, Sony Pictures Locations: Atlanta

Why Nevada Latinos Are Losing Faith in GovernmentLas Vegas is best known for its glittering casinos along the Strip, but it is also a perennial political battleground. Much of that growth comes from Hispanic voters, who make up more than 20 percent of the Nevada electorate. Scroll to play video Muted Jonathan Ocampos Jonathan Ocampos Etelvina Zamora-Esquivel Etelvina Zamora-Esquivel Vanessa Martinez Vanessa Martinez Alfonso N. Lopez Alfonso N. Lopez Vanessa Martinez Vanessa Martinez Alfonso N. Lopez Alfonso N. Lopez Jonathan Ocampos Jonathan Ocampos “Buying a house. Livier Maxwell “Things were better for me when he was in office, I had more money in the bank,” she said. Scroll to play video Muted Vanessa Martinez Vanessa Martinez Jonathan Ocampos Jonathan Ocampos Alfonso N. Lopez Alfonso N. Lopez Livier Maxwell Livier Maxwell Marco Hernandez Marco Hernandez Livier Maxwell Livier Maxwell Jonathan Ocampos Jonathan Ocampos Rafael Cerros Jr. Rafael Cerros Jr. Marco Hernandez Marco Hernandez Jonathan Ocampos Jonathan Ocampos Alfonso N. Lopez Alfonso N. Lopez “As a Latina, “As a Latina, I feel like I should be more offended by the way, I feel like I should be more offended by the way, Trump speaks about immigrants coming over.

☆ Main spending cuts and tax increases in France's 2025 budget
▼ + stars: | 2024-10-11 | by ( ) www.cnbc.com time to read: 1 min

France's government presented on Thursday its 2025 budget aimed at plugging a gaping hole in the public finances with 60 billion euros ($65.68 billion) worth of tax hikes and spending cuts. France will cut its foreign aid budget by 1.3 billion euros. Subsidies for apprentices and other jobs will be cut by 2.1 billion euros. Green subsidies, in particular those for insulation and the purchase of electric cars, will be cut by 1.9 billion euros. The planned increase of pensions due to inflation on Jan. 1 will be postponed by six months, saving 3.6 billion euros.

Locations: France

Former President Donald Trump said in an economic address Thursday that the U.S. has allowed "big companies" to "come in and raid and rape our country." I used the word 'rape,'" Trump said at the Detroit Economic Club after his remarks were met with what sounded like some gasps from the audience. "So here’s the deal that I will be offering to the world, to companies outside of our world, big companies, powerful companies, that have become powerful because we were stupid, we were stupid. Trump added that his administration would impose a “tax or tariff” on companies that do not manufacture their goods in the U.S. Trump used similarly loaded language during his 2016 presidential campaign when he singled out China.

Persons: Donald Trump, Trump, Kamala Harris, ” “, Karoline Leavitt, rallygoers, ”, E, Jean Carroll, Carroll, defaming Carroll Organizations: Detroit Economic Club, Trump Locations: United States, America, U.S, China, Indonesia, Turkey, Canada, Indiana, New York City, New York

☆ Ratan Tata, who put India’s Tata Group on the global map, dies at 86
▼ + stars: | 2024-10-10 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +4 min

Ratan Tata, the former Tata Group chairman who put a staid and sprawling Indian conglomerate on the global stage with a string of high-profile acquisitions, has died, the Tata Group said in a statement late on Wednesday. Ratan Tata "was a visionary business leader, a compassionate soul and an extraordinary human being," Indian Prime Minister Narendra Modi said on social media platform X. He founded telecommunications firm Tata Teleservices in 1996 and took IT firm Tata Consultancy Services, the group's cash cow, public in 2004. Tata Motors then acquired British luxury auto brands Jaguar and Land Rover from Ford Motor Co in 2008 for $2.3 billion. The Tata Group said Mistry had failed to turnaround poorly performing businesses while Mistry accused Ratan Tata, who was chairman emeritus of the conglomerate, of interfering and creating an alternate power center at the group.

Persons: Ratan Tata, Ratan, Narendra Modi, Telco, J.R.D, Tata, Tata Teleservices, Tetley, Ratan Tata's, Cyrus Mistry, Shapoorji Pallonji, Mistry, Ola Organizations: Tata Group, Ratan Naval Tata, Cornell University, Tata, Tata Motors Ltd, Tata Steel Ltd, National Radio & Electronics Company, Tata Consultancy Services, Stanford Graduate School of Business, Corus, Tata Motors, Rover, Ford Motor Co, India —, Tata Sons, Urban Company Locations: India, Dutch, Indian

☆ Why it’s OK to crave the taste of home when you travel
▼ + stars: | 2024-10-10 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +12 min

Enter, the American Bar. But, like the patrons of the American Bar before us, seeking out home comforts when abroad is still something we all do. The study was based on interviews with 330 people in the US, all questioned on how likely they’d be to try local foods when traveling. We learn to associate food with comfort – hence the term ‘comfort food,’” Brewer says. The American Bar at the Savoy has been a London hotspot since the late 1800s.

Persons: Richard D’Oyly Carte, Ernest Hemingway, Marilyn Monroe, “, ”, Andrea Di Chiara, couldn’t, Coke, Maggie Wong, Angel Gonzalez, ” Gonzalez, Judson Brewer, Brewer, Richard A, Brooks, ’ ” Brewer, Bridget Jones, Jungfraujoch, Kathrin Naegeli, Gonzalez, JACK HARDY, tellingly, Gerald Quadros, there’s, ” Brewer, we’re, ‘ I’d, ’ Organizations: CNN, American Bar, American, Future Market, Yorkshire teabags, California State University, Monterey Bay, Brown University, Getty, Jungfrau Railways, Noodle, Savoy, Langham Hotel, Random Locations: United States, Savoy, London, Hong Kong, Paris, Monterey, AFP, Europe, Swiss, Zurich, Denbighshire, Italy

☆ An emotional Obama makes his harshest case yet against Trump at Pittsburgh rally
▼ + stars: | 2024-10-10 | by ( Gregory Krieg | Edward-Isaac Dovere | ) edition.cnn.com time to read: +6 min

Obama in past campaigns has relished mocking and criticizing Trump, but his speech and delivery on Thursday were stinging and unusually visceral. Grab your friends and family and vote,” Obama said. “If you challenge Trump to elaborate and enumerate his ‘concepts,’ he will fall back on one answer,” Obama said. His message there was also pointed – but directed at Black men. “We need to make sure that Black men, Hispanic men, don’t sit on the couch.

Persons: Barack Obama, Donald Trump, thrall, ” Obama, “, Trump, Harris, Obama, wouldn’t, Kamala Harris, ”, ” Trump’s, “ You’re, I’ve, Joe Biden, don’t, Harris ’, Anthony West, ” West, CNN’s Eva McKend Organizations: Pennsylvania CNN, Republican Party, Trump, White, Republicans, Harris, ”, CNN, Democratic, Biden, NAACP Locations: Pittsburgh, Pennsylvania, Trump, Milwaukee

☆ A quarter-point Fed rate cut is the right expectation going into November, Goldman strategist says
▼ + stars: | 2024-10-10 | 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 EmailA quarter-point Fed rate cut is the right expectation going into November, Goldman strategist saysKamakshya Trivedi, head of global foreign exchange, interest rates and emerging markets strategy research at Goldman Sachs, discusses the outlook for the U.S. economy and the likelihood of further interest rate cuts.

Persons: Goldman, Kamakshya Trivedi, Goldman Sachs Locations: U.S

This article is part of the Opinion series At the Brink,about the threat of nuclear weapons in an unstable world. It follows a decades-long freeze on designing, building or testing new nuclear weapons. The new buildings and cutting-edge machinery will eventually process the uranium needed to make the next generation of American nuclear weapons. Now there are an estimated 12,000 nuclear weapons in the world. It is undeniably true that the world is becoming more contentious, and nuclear weapons do deter our adversaries.

Persons: Melissa Durkee’s, Adalie, —, Warren Air Force Base Missiles Ellsworth Air Force Base Pantex Plant Minot Air Force Base Dyess Air Force Base Lockheed Martin Tinker, Todd Weeks, Weeks, you’re, Eric Helms, Helms, it’s, ”, aren’t, Robin Darnall, she’s, “, can’t, Northrop Grumman, Nunn, Walter Schweitzer, Mr, Schweitzer, Robert Oppenheimer, didn’t, Jay Coghlan, Charles McMillan, Greg Mello Organizations: U.S, Preston Veterans ’ Memorial, Dynamics, U.S . Navy, Preston Veterans ’, The Times Naval Base Kitsap Lawrence Livermore National Laboratory Northrop Grumman Nevada National Security, Air Force Base Malmstrom Air Force Base Sandia National Laboratories Los Alamos National Laboratory, Warren Air Force Base Missiles Ellsworth Air Force Base Pantex Plant Minot Air Force Base Dyess Air Force Base, Warren Air Force Base Missiles Ellsworth Air Force Base Pantex Plant Minot Air Force Base Dyess Air Force Base Lockheed Martin Tinker Air Force Base Offutt Air Force Base Kansas City National Security, Chaffee, Air Force Base Whiteman Air Force Base, Security, Laboratory Naval Submarine Base, Bay Northrop, Newport News Shipbuilding General Dynamics Electric, Submarines, Submarines Connecticut Rhode Island, Submarines Connecticut Rhode Island Virginia General Dynamics Electric, General Dynamics, Columbia, Engineering, Republican, Democratic, Office, General Dynamics Electric, Navy, NASCAR, Manhattan, Reactor, The Energy Department, National Nuclear Security Administration, Energy Department, National Nuclear Security, Fort, Missiles Wyoming North Dakota, Missiles Wyoming North Dakota Colorado Nebraska Montana America’s, The Air Force, Minuteman III, Air Force, Warren Air Force Base, Sentinel, Banner, Soviets, Air Force Base, McCurdy, Pentagon, Montana Farmers Union, Mexico South, Environmental Protection Agency, Los Alamos, Nuclear Watch, Alamos County, Atomic, Los Alamos Study, United States Locations: Preston, Conn, New England, America, Russia, China, North Korea, Iran, United States, Savannah, Manhattan, Washington, Submarines Connecticut, Submarines Connecticut Rhode Island Virginia, Narragansett, Rhode Island, Quonset, R.I, Groton, Soviet Union, Rhode Island , Connecticut, Virginia, Columbia, Tennessee, Oak Ridge, Tenn, Hiroshima, Nagasaki, Texas, Fort Knox, Missiles Wyoming North Dakota Colorado, —, Wyoming , Nebraska , Colorado , Montana, North Dakota, Plains, F.E, Wyoming, Nebraska, Banner County, Great Falls, Mont, Mexico, Mexico South Carolina, New Mexico, Los Alamos, N.M, Savannah River, S.C, Colorado, Rocky, Alamos, Nuclear Watch New Mexico, Santa Fe

☆ 7-Eleven's parent company cuts full-year earnings forecast, presses ahead with restructuring
▼ + stars: | 2024-10-10 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +2 min

A customer is seen inside a 7-Eleven convenience store along a street in central Tokyo on September 9, 2024. The company slashed its profit forecast for the fiscal year ending February 2025 and now expects net income of 163 billion yen ($1.09 billion), a 44.4% reduction from its prior forecast of 293 billion yen. The reduction comes as it reported first-half net profit of 52.24 billion yen on 6.04 trillion yen in revenue. While sales came in higher than forecast, profits significantly below its own guidance for 111 billion yen. The company noted it recorded a charge of 45.88 billion yen related to its spin-off of Ito-Yokado Online Supermarket.

Persons: Ito, Canada's Alimentation Organizations: Holdings, Japan's Foreign Exchange, Foreign Trade Act, & $ Locations: Tokyo, Japan

☆ Unilever sells its business in Russia
▼ + stars: | 2024-10-10 | by ( ) edition.cnn.com time to read: +2 min

Unilever, owner of brands including Dove soap and Hellmann’s mayonnaise, said Thursday that it has completed the sale of its Russian business to Arnest Group, a local manufacturer of perfume, cosmetics and household products, for an undisclosed amount. The British consumer goods company said the sale includes all of its business and four factories in Russia as well as its business in Belarus. “Over the past year, we have been carefully preparing the Unilever Russia business for a potential sale. The Kremlin demands a discount of at least 50% on exit deals involving firms from what it calls “unfriendly” countries — those that have imposed sanctions against Russia. The exodus of firms from Russia has cost foreign companies more than $107 billion in writedowns and lost revenues, according to a Reuters analysis in March.

Persons: Hein Schumacher, Unilever’s, ” Schumacher Organizations: Unilever, Arnest Group, “, Unilever Russia, Kremlin, Russia, Arnest, Danone Locations: Russia, Belarus, Ukraine, writedowns

☆ In rambling, hours-long speech, Trump introduces new car loan tax proposal
▼ + stars: | 2024-10-10 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Trump announced a new tax proposal to appeal to car buyers and the auto industry. AdvertisementOn Thursday, former President Donald Trump traveled to Michigan to announce a new tax cut proposal designed to appeal to both car buyers and the auto industry. Related stories"Oooh, he used the word 'rape'," Trump said mockingly. "That's right I used the word 'rape.' It'll be like Detroit," Trump said.

Persons: Trump, Tiffany, —, Donald Trump, Filk0rWO5E, Kamala Harris Organizations: Service, Detroit Economic Locations: Detroit, Michigan

☆ I'm a Yale student who just spent a semester abroad in the UK. I now know I want to eventually move overseas for grad school.
▼ + stars: | 2024-10-10 | by ( Miles Kirkpatrick | ) www.businessinsider.com time to read: +5 min

After touring Oxford during my semester abroad, I can see myself going to grad school there. I also took classes at the London School of Economics for six weeks — aided logistically and financially by the Yale study abroad office but ultimately organized by myself. Although I was only there for a few weeks, I was surprised by how much I enjoyed my experience with the UK school system. Related storiesThere are a myriad of scholarships for American college grads to study abroad in the UK. Plus, the opportunity to immerse myself in a different environment while learning about public policy would be invaluable.

Persons: —, logistically, I've, it's, Oxford — Organizations: Yale, Oxford, Service, London School of Economics, Ivy League, Magdalen College Locations: London, Oxford, British

☆ Trump promises new tax relief for car loan interest and citizens living abroad
▼ + stars: | 2024-10-10 | by ( Tami Luhby | ) edition.cnn.com time to read: +4 min

CNN —Former President Donald Trump unveiled yet another set of targeted tax break proposals on Thursday, doling out more promises of relief as Election Day draws ever closer. Speaking before the Detroit Economic Club on Thursday, Trump promised to make the interest paid on car loans fully tax deductible, similar to the popular existing deduction for mortgage interest. They raped our country.”One tax expert questioned why Trump would limit the benefit just to car loans. “Once and for all, I’m going to end double taxation on our overseas citizens,” he said in a video released Thursday. Currently, some Americans living abroad must pay taxes to both the United States and to the country where they reside.

Persons: Donald Trump, doling, Trump, ”, “, Howard Gleckman, ” Gleckman, “ You’ve, Kamala Harris, CNN’s Ali Main Organizations: CNN, Detroit Economic, NAFTA, Trump, Brookings Tax, Security, Congress, Committee, Budget Locations: Michigan, Mexico, Canada, Shanghai, Sterling Heights, ”, United States

Furthermore, it's the only credit card that allows me to gift airport lounge access to four people for free by adding them as authorized users on my credit card. I Earn 2% Back on Therapy with my Capital One Venture X Rewards Credit CardI primarily use my Capital One Venture X Rewards Credit Card on transactions that don't earn bonus points on another card. Capital One Venture X Annual Fee and Other CostsThe Capital One Venture X Rewards Credit Card charges a $395 annual fee (rates and fees). Capital One Venture X Frequently Asked QuestionsIs the Capital One Venture X worth it? Yes, it's possible to get approved for the Capital One Venture X Rewards Credit Card if you already have the Capital One Venture Rewards Credit Card open.

Persons: I've, cardholder, Miles, Chase, LifeMiles, Smiles, Red, Wyndham, cardholders, Cardholders, I'm, You've, Jasmin Baron, Read, Angela Fung Organizations: Business, Venture, Capital, One, Chase, Five, U.S, American, American Express, Chase Sapphire Reserve, Aeromexico Club, Air Canada, Air France, KLM, Blue, British Airways Executive Club, Cathay, Emirates, Etihad, Qantas Frequent, TAP Air Portugal Miles, Turkish Airlines Miles, Wyndham Rewards, Collection Hotels, Premier, Resorts, Chase Travel, Marriott, TSA, Hertz, Cell, Travel Insurance, One Venture, Mastercard, Chevron, Finance Locations: Taiwan, Cathay Pacific Asia, Singapore, Canada

☆ Fact check: Trump, on a lying spree, made at least 40 separate false claims in two Pennsylvania speeches
▼ + stars: | 2024-10-10 | by ( Daniel Dale | ) edition.cnn.com time to read: +24 min

As Election Day draws nearer, the Republican presidential nominee has made false claim after false claim on a dizzying variety of subjects. FEMA and migrants: Trump falsely claimed of the Federal Emergency Management Agency: “They have no money. Trump’s opponents and the election: In Reading, Trump falsely claimed of his election opponents: “They are cheatin’ dogs, I will tell you that.” In Scranton, he falsely claimed, “Their first meeting is: ‘How do we cheat?’” This is all nonsense. Trump’s border wall: Trump repeated his false claim that “I built over 500 miles of wall” on the southern border. Military equipment surrendered to the Taliban: Trump repeated his false claim that “we gave $85 billion worth” of US military equipment to the Taliban.

Persons: Donald Trump, Hurricane Helene, Hurricane Milton, Trump, “, Harris, Kamala Harris “ didn’t, It’s, Biden, Roy Cooper, Joe Biden, ’, ”, Harris ’, ” Trump, Walz, Tim Walz, –, Tim, “ everybody’s, Trump’s, Obama, Kamala, ” Harris, ” Roberto Briceño, ” Helen Fair, James Ott, ‘, ‘ That’s, Jack Smith, Smith, New York Times “, Charlie Stadtlander, Stadtlander, Mueller, ‘ He’s, ’ …, Dean Baquet, Arthur Sulzberger Jr, Donald Trump’s, “ Biden, Chris Wallace, Hunter Biden, ” Wallace, Wallace interjected, Freddie Mac, ” We’ve, Meghan McCain, McCain, Alexandria Ocasio, Cortez, Nancy Pelosi, there’s, ” Biden, Robert Hur, Biden’s Organizations: Washington CNN, Republican, FEMA, Federal Emergency Management Agency, Congress, North Carolina Gov, Democrat, Democratic, CBS, Supreme, Minnesota Gov, Electoral College, Department of Energy, Biden, “, CNN, Venezuelan, of, Institute for Crime & Justice, Research, Birkbeck , University of London, House Republicans, Trump, KDKA, Service, Secret Service, International Association of Firefighters, Scranton Firefighters, Scranton Times, Tribune, Presidential, National Archives, Records Administration, New York Times, The Washington Post, ”, Intelligence, The New York Times, Times, ISIS, Military, Taliban, Pentagon, Fox News, China Locations: Pennsylvania, Scranton, Reading, ”, Hurricane, North Carolina, Washington , Montana, Colorado, New York City, Paris, fracking, Venezuela, Caracas, United States, United Kingdom, “, California, Butler, Butler , Pennsylvania, Pittsburgh, Blair County , Pennsylvania, Russia, Afghan, China, Moscow, Alexandria, New Hampshire, Florida

☆ Voting in the UK and French elections taught me a concerning lesson that Americans should heed when heading to the polls
▼ + stars: | 2024-10-10 | by ( Benjamin Chadwick | ) www.businessinsider.com time to read: +10 min

Benjamin Chadwick — a dual citizen of France and the UK — voted in two national elections this year. Emmanuel Macron ran with a centrist campaign, while Marine Le Pen, leader of the National Rally, campaigned on anti-immigration and nationalist ideals. Related storiesLe Pen became leader of France's right-wing populist "National Front" party in 2011 and renamed it "National Rally" in 2018. AdvertisementIn the lead-up to the UK election on July 4, opinion polls predicted a huge majority for the center-left Labour Party. In France, I feared the National Rally would capitalize on their European victory and take control of the Assembly.

Persons: Benjamin Chadwick —, there's, —, Emmanuel Macron, Pen, Macron, Le, I've, France's, Boris Johnson, Donald Trump, Trump, Liz Truss, Sunak, Rishi Sunak's, he's, Le Pen's, Nigel Farage, I'm, Kamala Harris Organizations: Service, European Union, National, Conservatives, Labour Party, National Rally, EU, Conservative, Britons, Labour, Reform, Populist, Trump Locations: France, England, Paris, Trump, Brexit, Europe, Britain, Johnson's, stoke

☆ Jim Cramer looks at a buy level for this industrial AI play, says be patient on Costco
▼ + stars: | 2024-10-10 | by ( Paulina Likos | ) 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. With third-quarter earnings starting in earnest Friday, Jim Cramer urged investors to keep their "eye on the prize." 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, Jim, Eaton, he's, he'd, Hurricane Helene, Stocks, Jim Cramer's, DOV Organizations: CNBC, Wells, JPMorgan, Honeywell, Costco, Delta Air Lines, Nike, Pfizer, DD Locations: Dupont, Dover, U.S

Like the presidential contest, the Senate race offers deep contrasts in a state that’s been divided neatly in half for years. We want to have a lawfully run election,” Lake said. In 2022, Lake challenged her loss to Hobbs, taking it all the way through the Arizona legal system. “It’s going to be a tight race,” Lake acknowledged. In 2018, Gallego rallied alongside Sen. Bernie Sanders, I-Vt., in Phoenix, saying facetiously: “President Trump is going to build a wall.

Persons: Kari Lake, Ruben Gallego, Sen, Kyrsten, Gallego, Katie Hobbs, Kamala Harris, Joe Biden, ” Gallego, Harris, Biden, “, haven’t, Lake’s —, Donald Trump’s —, John McCain, McCain, ”, Ruben ”, Paul Hickman, —, he’s, Kate Gallego, Trump, Lake, Hobbs, ” Lake, “ It’s, I’ve, Bernie Sanders, It’s, Donald Trump, they’re “ Organizations: PHOENIX, White, Trump, NBC News, Democratic, Arizona Republican, Republicans, Independents, McCain, Phoenix, Congress, Lake, Senate, Republican, Phoenix Fox, AARP, Harris ’, Democrat Party, Congressional Progressive Caucus, “, Phoenix Police Association, Justice Department, Phoenix Police Department, Phoenix police, NBC, Arizona Police Association Locations: PHOENIX — Arizona, Scottsdale, “, Arizona, Congress, Vietnam, American, Colombian, Ukraine, ”, Israel, Taiwan, Maricopa County, Iowa, Gallego, Phoenix

☆ Kremlin reportedly confirms Trump sent Putin Covid test machines, denies Putin phone calls since he left office
▼ + stars: | 2024-10-09 | by ( David Hodari | David Hodari Is A London-Based Editor. | ) www.nbcnews.com time to read: +2 min

Former President Donald Trump did send coronavirus testing devices to Russian President Vladimir Putin at the height of the pandemic, the Kremlin confirmed Wednesday. The book claims that Trump secretly sent Abbott Covid-19 testing devices to Putin when the machines were in short supply. Peskov also denied Woodward's claim that Trump and Putin have spoken on the telephone several times since Trump left office. Trump has repeatedly said he could settle the war between Russia and Ukraine in one day if he’s elected president again. Trump has referred to Putin as “very savvy” and a “strong man,” and praised Russia’s invasion of Ukraine as “genius.”

Persons: Donald Trump, Vladimir Putin, Dmitry Peskov, Bob Woodward, Joe Biden’s, Trump, Abbott Covid, Putin, Peskov, “, ”, Jonathan Karl, he’s, ” Trump, Woodward, Trump's, United Nations Vassily Nebenzia, Volodymyr Zelenskyy, Jason Miller Organizations: Kremlin, Bloomberg News, Washington Post, Trump, NBC News, RBC, ABC News, Bloomberg, United Nations, Republican, ., Putin Locations: Russian, “, Ukraine, Russia

☆ Mike Rogers and Elissa Slotkin tangle over national security and tout bipartisan credentials in Michigan Senate debate
▼ + stars: | 2024-10-09 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | Henry J. Gomez | ) www.nbcnews.com time to read: +6 min

“Let’s get to work, man.”The debate, the first of two scheduled in the final weeks of the race, comes as mail-in balloting is underway in Michigan. Slotkin and Rogers are competing for the seat opening with the retirement of longtime Democratic Sen. Debbie Stabenow. “He was the chairman of the House Intelligence Committee in the run-up to the Iraq War,” Slotkin said of Rogers. “That information that was given to Congress was based on the CIA at the time that my opponent was in the CIA doing analytical work,” Rogers said. “I was here in Michigan, and I voted 'yes' on Proposition 3,” Slotkin added.

Persons: Elissa Slotkin, Mike Rogers, Rogers, “, Slotkin, huffing, “ It’s, ” Slotkin, “ Let’s, Democratic Sen, Debbie Stabenow, ” Rogers, you’re, ”, Kamala Harris, Joe Biden, Harris, “ That’s, I’m, He’s, George W, Bush, Barack Obama, —, Michiganders “, Michigan ” Organizations: Democratic, GOP, NBC, CIA, House Intelligence, Biden, Social Security, Michigan, Washington , D.C, — Locations: GRAND RAPIDS, Mich, China, Michigan, Iraq, Florida, Coral , Florida, Washington ,

☆ The great political battle over Hurricane Milton didn’t wait for the storm to land
▼ + stars: | 2024-10-09 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —Long before the outer bands of Hurricane Milton lashed the Florida coast, a political battle over the massive storm was already raging. This time, partly because Trump pushed so hard to exploit last week’s Hurricane Helene for his political gain, the sparring has started early. A storm of this size could give Trump a political openingTrump has repeatedly shown there’s no situation he will not try to leverage for political gain. “I’ve had storms under both President Trump and President Biden, and I’ve worked well with both of them. Unlike Harris, Biden had kinder words for DeSantis, saying on Tuesday that the governor had been “cooperative.”“I said no, ‘You’re doing a great job, it’s all being done well, we thank you for it,’” Biden said.

Persons: CNN — Long, Hurricane Milton, Donald Trump, Trump, Helene, Kamala Harris, Harris ’, “ It’s, it’s, ”, ABC’s, Evelyn Hockstein, Deanne Criswell, Joe Biden, Harris, Hurricane Helene, he’s, –, Biden, Brian Kemp, Sen, JD Vance, Trump’s, Jonathan Drake, He’s, Laura Ingraham, Olivia Troye, Kevin Carroll, “, ” Harris, George W, Barack Obama’s, Sandy, Republican Mitt Romney, Chris Christie’s, Obama, Christie, Ron DeSantis, DeSantis, Milton, Kevin Guthrie, Doug Engle, ” DeSantis, “ I’ve, I’ve, You’re, ’ ” Biden, ” Biden Organizations: CNN, Democratic, Trump, New York, Joint Base Andrews, Reuters Government, FEMA, Central, House, Biden, Hurricane, Georgia GOP Gov, Emergency Management Agency, Republican, Fox, —, Storm, New, New Jersey Gov, Florida Gov, White, Florida Division, Emergency, Florida Horse, Ocala, USA, Florida Republican Locations: Hurricane, Florida, New, Joint Base Andrews , Maryland, Germany, Angola, Georgia, Tennessee, Fayetteville , North Carolina, North Carolina, New Orleans, Coast, New Jersey, ., Ocala , Florida

☆ Trump versus Harris: What the November election means for defense stocks
▼ + stars: | 2024-10-09 | by ( Brian Evans | ) www.cnbc.com time to read: +9 min

No matter who voters choose, whether it is former President Donald Trump or Vice President Kamala Harris , Liwag doesn't expect a meaningful shake-up in the outlook for defense stocks. Still, the analyst notes that even cases where an administration cuts defense spending, stocks can still carve out gains. During the Obama administration, the defense budget fell 3.3%, but defense stocks gained 2.1%. The defense stocks Morgan Stanley covers have outperformed the S & P 500 since Russia's invasion of Ukraine, Liwag said. "Historically, the conventional wisdom has been that Republicans are positive for defense spending and defense stocks, while Democrats are negative," Harned said.

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