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☆ Cramer's Lightning Round: Ralph Lauren 'goes higher'
▼ + stars: | 2024-12-05 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Vertiv's year-to-date stock performance. Stock Chart Icon Stock chart icon SoundHound AI's year-to-date stock performance. Stock Chart Icon Stock chart icon Robinhood's year-to-date stock performance. Stock Chart Icon Stock chart icon Limbach's year-to-date stock performance. Stock Chart Icon Stock chart icon Ralph Lauren's year-to-date stock performance.

Persons: SoundHound, Ralph Lauren's, Ralph Lauren Organizations: Skyworks

☆ This CEO wants his airline to be the first to start flying to Ukraine again
▼ + stars: | 2024-12-05 | by ( Pete Syme | ) www.businessinsider.com time to read: +4 min

He told Business Insider it plans to be the first airline back into Ukraine when the conflict ends. AirBaltic plans to be the first airline to restart flights to Ukraine in the event of a peace agreement, CEO Martin Gauss told Business Insider. Gauss told BI that the start of the war impacted airBaltic "very heavily" due to missing passenger flows from Ukraine and Russia. "Once that is too busy, we need to fly over Sweden into the south," Gauss added. "I had to come up, in a couple of weeks, with suggestions of what you could do with a technically bankrupt airline," Gauss told BI.

Persons: Martin Gauss, Gauss, airBaltic, AirBaltic, Nicolas Economou, It's, Elon Organizations: NATO, European Union, BI, Dubai —, Deutsche, British Airways, Airbus, Embraer, Getty Images Locations: Ukraine, Latvian, Estonia, Lithuania, Russia, London, Baltic, —, Cyprus, Turkey, Dubai, Latvia, there's, Belarus, Russian, Kaliningrad, Sweden, airBaltic, Europe

☆ Streaming site Twitch is embroiled in controversy over creators’ content about its handling of Israel and Palestine
▼ + stars: | 2024-12-05 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +9 min

The controversy at Twitch underscores how hard it is to deal with sensitive political topics that have become commonly discussed and shared on social media. Saltman has criticized and targeted Piker, and Saltman told DigiDay his campaign’s group had reached out to over 100 advertisers already. Controversy over streamersComments made at the “Ayyrabs Podcast” panel, hosted by Twitch partner and streamer Frogan at TwitchCon, are at the center of the controversy. “Any and all content on Twitch must abide by our Community Guidelines, and we apply these rules objectively, to all of our creators. When we find content that breaks those rules, we take enforcement action,” the company said in a statement Wednesday.

Persons: JPMorgan Chase, TwitchCon, Twitch, Dan Clancy, ” Hasan Piker, HasanAbi, Joe Rogan, Ritchie Torres, Hasan Piker, Torres, “, Piker, ” Piker, “ I’ve, ”, Dan “, Saltman, Steven “ Destiny ” Bonnell, DigiDay, ” Saltman, Sabra, ” Sabra, Robin L Marshall, Ethan Klein, Frogan, raff, Zack Hoyt, ” Asmongold, I’m, It’s, They’d Organizations: New, New York CNN, JPMorgan, Twitch, Chevron, CNN, Bloomberg, New York, NBC, Wired, Strauss, PepsiCo, Samsung, Capcom, Defamation League, Israel, ADL, YouTube Locations: New York, Gaza, Israel, TwitchCon, San Diego, San Diego , California

He was sentenced to seven months of house arrest and issued with a 15-year arms-dealing ban. His story was the subject of the 2016 movie "War Dogs" and Guy Lawson's book "Arms and the Dudes." After leaving house arrest, Packouz developed Instafloss and founded the music company Singular Sound, which developed the BeatBuddy. Arms trafficking involves the illegal trade and smuggling of weapons across borders, bypassing laws and fueling conflicts. Arms dealing is the legal sale of weapons by authorized dealers, conducted under strict regulations like background checks and export licenses and overseen by bodies such as the UN Arms Trade Treaty.

Persons: David Packouz, Efraim Diveroli, AEY, Packouz, Guy Lawson's Organizations: The New York Times, Dogs Academy, UN Arms Locations: AEY, Afghanistan

☆ These are the stocks with the highest correlation to bitcoin as the digital currency tops $100,000
▼ + stars: | 2024-12-05 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

With bitcoin notching fresh highs, some closely correlated stocks look poised to gain — or suffer — depending on where the digital currency goes from here. BTC.CM= 1D mountain Bitcoin tops $100,000 mark Trump on Wednesday also announced plans to nominate Paul Atkins to succeed Gary Gensler as Securities and Exchange Commission head. As the stakes mount, CNBC Pro screened for stocks in the New York Stock Exchange and Nasdaq exceeding $1 billion in market value, with the highest positive correlation with bitcoin over a 60-day period starting mid-November. Here are some of the stocks with the highest correlations to bitcoin: Coinbase is one of the most connected stock on the list, with an 81% correlation. MicroStrategy boasts a 78% correlation to bitcoin.

Persons: Bitcoin, Paul Atkins, Gary Gensler, Atkins Organizations: Trump, Wednesday, Securities, Exchange Commission, CNBC Pro, New York Stock Exchange, Nasdaq, Mara Holdings, Riot Locations: MicroStrategy

☆ Far from a bazooka, China's stimulus measures are just trickling through the economy
▼ + stars: | 2024-12-05 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Growth in pockets from real estate to manufacturing has improved since Beijing began announcing stimulus measures in late September. China's latest efforts to kickstart growth haven't had a broad impact yet, data and company earnings show, indicating the world's second-largest economy won't be roaring back soon. The ramp-up in stimulus measures is aimed at reaching this year's official target of around 5%, and a similar pace next year — while preventing financial instability, Gabriel Wildau, managing director at Teneo, said in a note Monday. "Looking ahead, our sources expect that stimulus in 2025 will trickle out incrementally and in a data-dependent fashion," Wildau said. "Beijing's stimulus measures encouraged firms to come off the sidelines this month," the report said.

Persons: Tencent, Shaohui Chen, haven't, Gabriel Wildau, Wildau, Wang Zhe, Wang, Donald Trump Organizations: Beijing, Companies, PMI, Caixin Insight, China's Ministry of Finance Locations: China

When I adopted my daughter, I had 24 hours' notice to prepare for her arrival. I'm a freelance worker, so it was easy to stop taking on work, but it was a big shift in how I earn. This summer, my boyfriend and I adopted a newborn daughter — and we had only 24 hours' notice once we had confirmation that she had been placed with us. I want to work, and I'm very grateful that I can make that choice, rather than having it made for me. Because of that, I'm about to return to my part-time work-from-home copywriting job and have been taking on freelance writing assignments.

Persons: I'm, —, I'd, it's, who's, I've, that's Organizations: Service

☆ These are the most mispronounced words of 2024
▼ + stars: | 2024-12-05 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

The company published a list of the most mispronounced words of the year in the United States and the United Kingdom on Wednesday, including foreign words that have entered the English lexicon for one reason or another, as well as the names of various politicians and public figures. US Vice President Kamala Harris is one prominent entry, with her first name the source of plenty of confusion. “His name is pronounced (key-OH-gin), with a clear “g,” unlike many Irish variations where the “g” would be silent,” said Babbel. If you’re discussing potential purchases, or reports that the company plans to list on the London Stock Exchange, remember that the name should be pronounced (SHE-in) rather than (SHEEN). The Swedish language also contributes two words on the UK list: smokeless tobacco Snus, pronounced (SNOOZ), and flygskam, the name of a movement that aims to discourage people from flying that should be pronounced (FLEEG-skam).

Persons: CNN — Messing, Kamala Harris, Barry Keoghan, “, ”, It's Barry, Michael Tran, SHEEN, Ozempic, Chappell Roan, uhl, Zendaya, Sabrina Carpenter’s Organizations: CNN, US, Getty, London Stock Exchange Locations: United States, United Kingdom, AFP, China

☆ I've been to over 50 countries. Here are my 4 favorite destinations to escape the winter cold.
▼ + stars: | 2024-12-05 | by ( Melissa Noble | ) www.businessinsider.com time to read: +1 min

If you have any interest in monkeys, Ubud in Bali, Indonesia, is the place to go. Visiting the Sacred Monkey Forest Sanctuary was one of the highlights of our trip to Ubud, Indonesia. Flash Vector/ShutterstockIf chill island vibes, monkey spottings, and melodious insect cacophonies appeal to you, Ubud in Bali, Indonesia, is the place to go. One of the top attractions is the Sacred Monkey Forest Sanctuary, home to over 1,200 monkeys. I learned that lesson the hard way when one enormous monkey leaped on my backpack, giving me the fright of my life.

Organizations: Green Locations: Bali , Indonesia, Ubud, Indonesia

☆ Clouds may be the reason the world is warming faster than expected
▼ + stars: | 2024-12-05 | by ( Laura Paddison | ) edition.cnn.com time to read: +4 min

To be more specific, the rapid surge in warming was supercharged by a dearth of low-lying clouds over the oceans, according to the research — findings which may have alarming implications for future warming. Low clouds also feed into this effect as they reflect away sunlight. If this is happening, future warming projections may be underestimated and “we should expect rather intense warming in the future,” Goessling said. But figuring out how clouds will respond to global warming is key, Zalkina said. “It literally determines how much future warming is in store.”

Persons: Helge Goessling, Alfred Wegener, Goessling, ” Goessling, Mark Zalinka, Tapio Schneider, Zalkina Organizations: CNN, Alfred, Alfred Wegener Institute, NASA, Atlantic, Lawrence Livermore National Laboratory, California Institute of Technology Locations: Germany

☆ Ulta Beauty shares pop as retailer beats earnings expectations despite demand fears
▼ + stars: | 2024-12-05 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +4 min

Ulta Beauty on Thursday beat Wall Street's fiscal third-quarter expectations, fending off fears of fiercer competition and slowing demand for makeup and skincare. It said it now expects full-year earnings per year to range from $23.20 to $23.75, up from $22.60 to $23.50. Yet Ulta began to hint at potential troubles in April, with Kimbell warning of cooling beauty demand at an investor conference. It marked the first time that the retailer missed Wall Street's expectations in about four years. And it had in-store events, including workshops where customers received coaching from Ulta's stylists on how to get "salon-worthy blowouts"For beauty retailers, including Ulta, the holidays are a critical time of year.

Persons: Dave Kimbell, Ulta, Kimbell, NBCUniversal Organizations: LSEG, Target, Walmart, Revenue, Comcast, CNBC Locations: NBCUniversal

Investing in the stock market is crucial for maintaining spending power and hedging against inflation. The US stock market continues to soar through the final quarter of the year, with major indexes like the Dow Jones, Nasdaq, and S&P 500 hitting record closes on Wednesday. Here are four signs you're not investing enough in the stock market, according to financial advisors. The market's daily fluctuations can look intimidating, especially if you're new to stock investing, but not all volatility is bad. Moreover, long-term investing is generally less risky and provides opportunities for recovery from market downturns.

Persons: —, Dow Jones, Jerome Powell's, Tom Graff, Corbin Blackwell, Blackwell, doesn't, isn't, Graff Organizations: Service, Nasdaq, Savings, Social Security

☆ Remembering Art Cashin’s most valuable stock market lessons – and the stories behind them
▼ + stars: | 2024-12-05 | by ( Bob Pisani | ) www.cnbc.com time to read: +12 min

Cashin was one of the great historians of the stock market, but he was not an academic. Tiffany, Cashin said, knew that J.P. Morgan loved diamond stickpins, which he used to put in his tie. For Cashin, that Merrill Lynch manager was the perfect stock market Sherlock Holmes: Don't just consider what you hear. How do you tell a story about the stock market? Let's get back to the story about J.P. Morgan, Tiffany and price discovery.

Persons: Cashin, Jack, Here's, Charles Lewis Tiffany, John Pierpont Morgan, Tiffany, J.P, Morgan, you've, Cashin Adam Jeffery, John F, Kennedy, Tommy McKinnon, Merrill Lynch, Tommy, Sherlock Holmes, Let's Organizations: NYSE, CNBC, UBS, New York Stock Exchange, Cuban Missile, Parkland Hospital, didn't, Merrill Lynch Dallas, Dow Jones Locations: Dallas, Parkland, Wall Street, U.S

☆ Charlotte Dujardin: British dressage rider suspended for excessively whipping a horse
▼ + stars: | 2024-12-05 | by ( George Ramsay | ) edition.cnn.com time to read: +2 min

CNN —British dressage star Charlotte Dujardin has been fined and suspended for a year after a video emerged of her repeatedly whipping a horse during training. It showed Dujardin whipping a horse more than 20 times. “I understand the responsibility that comes with my position in the sport, and I will forever aim to do better. The 39-year-old could have become the most decorated British female Olympian of all time in Paris, surpassing cyclist Laura Kenny. We believe this outcome reaffirms the FEI’s commitment to equine welfare and to its role as guardian of our equine partners.”

Persons: Charlotte Dujardin, “, backdated, Dujardin, ” Dujardin, Laura Kenny, ”, Sabrina Ibáñez Organizations: CNN, Paris Games, FEI, equestrian’s, “, Olympic Locations: British, Paris

☆ Scared your partner is cheating? Strangers on the internet are here to help — for a fee
▼ + stars: | 2024-12-05 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +7 min

AdvertisementSome people are turning to "loyalty tests" to check if their partners are cheating. One woman who paid to test her partner told Business Insider she wished she had used the service sooner. 'Loyalty tests' are on the riseVideos about loyalty tests started going viral online around 2021, and they all followed a similar blueprint. In that sense, conducting a loyalty test against your partner can be a betrayal in the same way that cheating is. AdvertisementBejar does think there are some situations where a loyalty test could be helpful, though, particularly in an abusive relationship.

Persons: Landis, AisleTalk, Ari, I've, Lazo, Ashlyn Nakasu, Nakasu, Brandan Balasingham, Balasingham, Bejar, that's Organizations: Loyalty, BI

☆ World on brink of third nuclear age, UK military chief warns
▼ + stars: | 2024-12-05 | by ( Catherine Nicholls | ) edition.cnn.com time to read: +2 min

London CNN —The world is at the brink of a third nuclear age, the head of the United Kingdom’s armed forces warned. “The world has changed,” Admiral Sir Tony Radakin said in a lecture on Wednesday at the UK’s Royal United Services Institute. “Global power is shifting, and a third nuclear age is upon us.”This age, he warned, is “altogether more complex” than those that came before it. The first of these ages was the Cold War, Radakin said, while the second was defined by disarmament efforts. The third group is made up of countries “hedging and ducking between the two for maximum advantage,” Radakin said.

Persons: ”, Sir Tony Radakin, Radakin, Yemen’s, Joe Biden, ” Radakin, “ Organizations: London CNN, United, Royal United Services Institute, “, NATO Locations: Ukraine, Russia, American, China, North Korea, Iran, Israel

☆ I visited Scottsdale for the first time in the spring. I made 3 mistakes that I'm still thinking about months later.
▼ + stars: | 2024-12-05 | by ( Joey Hadden | ) www.businessinsider.com time to read: +1 min

When traveling to Scottsdale in the spring, I should have planned for dry, 90-degree Fahrenheit days. Joey Hadden/Business InsiderFor my spring trip to Scottsdale, I expected it to be warm, as the area is known to be throughout the year. It was warmer than I anticipated, and this dark navy outfit made me feel like a magnet to the sun. I also didn't realize that the heat in Scottsdale would feel drastically drier to me compared to the air I'm used to back home in New York. I planned to spend most daylight hours exploring outdoors and walking from neighborhood to neighborhood.

Persons: Joey Hadden Organizations: Armour, Scottsdale Locations: Scottsdale, New York

☆ Prescription fills for weight loss drugs Zepbound and Wegovy more than doubled in 2024, GoodRx says
▼ + stars: | 2024-12-05 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +4 min

The data comes from GoodRx's new Weight Loss Medications Tracker, which examines fill trends and spending patterns in the U.S. for popular weight loss medications. But Marsh said out-of-pocket costs can add up, even if a patient has insurance coverage for a weight loss treatment. GoodRx said people without insurance can save an average of $250 monthly, or $3,000 annually, using its coupons for weight loss drugs. The federal Medicare plan also doesn't cover weight loss treatments unless they are approved and prescribed for another health condition. But the Biden administration in November proposed a rule that would allow Medicare and Medicaid to cover weight loss drugs for patients with obesity.

Persons: Eli Lilly, Wegovy, Tori Marsh, Marsh, GoodRx, Biden, Trump Organizations: Novo Nordisk, Insurance Locations: U.S, copays

☆ Britain forecast to reach peak gasoline this year in landmark moment for electric vehicles
▼ + stars: | 2024-12-05 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

The battery of an electric car is recharged at a roadside charging station on January 09, 2024 in London, England. Britain is forecast to hit "peak petrol" in 2024, according to a new report, with electric vehicles (EVs) on track to assume a much bigger share of the country's car market. The online vehicle platform estimates there were 18.7 million gasoline-powered cars on the country's roads in 2024, although this figure is expected to steadily decline to just 11.1 million by 2034. At the same time, it is expected the number of EVs on Britain's roads will soar to 13.7 million over the next decade as affordability improves, up from 1.25 million in 2024. "Peak petrol is a genuine landmark for the UK," Auto Trader's Ian Plummer said in the report.

Persons: ZEV, Ian Plummer Organizations: Auto Locations: London, England, Britain

☆ Lululemon stock jumps as international growth helps to offset slowing U.S. sales
▼ + stars: | 2024-12-05 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +4 min

Lululemon 's U.S. growth is continuing to slow, but the athletic apparel retailer is making big gains abroad, leading to a 9% increase in sales year over year. For the all-important holiday shopping quarter, Lululemon is expecting revenue to be between $3.48 billion and $3.51 billion, representing growth of 8% to 10% from the prior year. Analysts were expecting revenue of $3.50 billion, or growth of 9.1%, which is roughly in line with the midpoint of the guidance, according to LSEG. The company has turned to China for growth, which so far is lifting sales across the overall business. Company-wide comparable sales grew 4% during the quarter, ahead of the 3.2% growth Wall Street was anticipating, according to StreetAccount.

Persons: Lululemon, it's, It's, LSG It's, Levi, Alo Yoga, Calvin McDonald, Lululemon's, Sun Choe Organizations: LSEG, Nike, V.F . Corp Locations: China, U.S, Americas

☆ Marc Benioff says humans are already working alongside AI agents
▼ + stars: | 2024-12-05 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +2 min

On the earnings call CEO Marc Benioff stressed the importance of digital labor and AI agents. Benioff said humans are already working with AI agents and that robots will be next. The future is here and it's humans working alongside robots, according to Salesforce CEO Marc Benioff. Benioff said that in addition to humans working alongside AI agents, they'll soon be working alongside robots as well. Meta is working on agents, Google its making AI agents with Gemini, and Bloomberg recently reported OpenAI, maker of ChatGPT, plans to launch AI agents next year.

Persons: Marc Benioff, Benioff, Salesforce, Agentforce, they'll, we'll Organizations: FedEx, Adecco, Accenture, Hardware, IBM, RBC Wealth, Microsoft, Meta, Gemini, Bloomberg Locations: Agentforce

☆ We gave up city life and moved to New Zealand. We earn less, but the tradeoffs are worth it.
▼ + stars: | 2024-12-05 | by ( Erin Liam | ) www.businessinsider.com time to read: +6 min

They are both nurses and when they came across a job opportunity in New Zealand, Chia applied. This as-told-to essay is based on a conversation with Brandon Chia, 31, a nurse in the South Island of New Zealand. Chia moved from Singapore to New Zealand in 2022. We were always exhausted from work and didn't have time to enjoy time together as a family. AdvertisementWe rent a two-bedroom house in New Zealand for 340 New Zealand dollars, or around $200 a week.

Persons: Brandon Chia, Chia, Jiar Lin, didn't, —, New Zealand Brandon Chia, We've, it's Organizations: New Zealand, Central Provident Fund, New Zealand —, Toyota, New Locations: Singapore, New Zealand, Australia, New, West Coast, Christchurch, Zealand

☆ 8 ways to make cookies from a store-bought dough or mix taste homemade and look gourmet
▼ + stars: | 2024-12-05 | by ( Cheyenne Lentz | ) www.businessinsider.com time to read: 1 min

Add spice to your dough. ShutterstockYou can upgrade your cookie dough by adding spices to it, said Tracy Wilk, lead chef at the Institute of Culinary Education. To do so, combine ground cinnamon, ginger, and sugar, and then roll your balls of cookie dough in the mix before baking. This can result in a warm, spicy cookie. If you're feeling bold, you can even spice up your cookies with a sprinkling of cayenne pepper, said Jackie Newgent, chef and author of "The Clean and Simple Diabetes Cookbook."

Persons: Tracy Wilk, Jackie Newgent Organizations: Institute of Culinary Education

☆ 'It is key to remain invested,' Julius Baer portfolio manager says. Here's how she's investing
▼ + stars: | 2024-12-05 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

"We believe it is key to remain invested and view any potential corrections as technical and temporary opportunities to get into the market," Julius Baer International's Portfolio Manager Aneka Beneby said. Against this backdrop, she observes a "come back" in the traditional 60/40 portfolio, where 60% of funds are invested in equities and the remaining 40% is allocated to fixed income. Overweight equities Looking ahead, Beneby is overweight on equities and prefers the asset class to fixed income given relatively high inflation levels. Her comments come as the consumer price index — a key metric measuring inflation levels — rose 2.6% in the U.S. in October, versus a year ago. Fixed income Unlike U.S. equity markets which have had a stellar rise, fixed income has been under pressure no thanks to high levels of volatility.

Persons: Julius Baer International's, Aneka Beneby, Beneby Organizations: CNBC Pro, U.S ., U.S Locations: U.S, Europe, Central, Canada, France, Germany, Italy, Japan

☆ Why developers are turning to shopping malls to fix the housing crisis
▼ + stars: | 2024-12-05 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +12 min

But as the country contends with a housing crisis, the fastest growing use of these spaces is apartment complexes, real estate developers said. At least a dozen more apartment projects are underway at malls across the country, including in California, Florida, Arizona and Texas. For developers, adding apartments can not only fill a need, but also bring people closer to their remaining retail stores and restaurants. The Lafayette Square Mall in Indianapolis is slated to open 1,200 apartment units, including affordable housing in a former Sears building, beginning in 2025. Take The Arcade in Providence, Rhode Island – the oldest indoor shopping mall in the country.

Persons: Jacob Knudsen, we're, There's, Oscar Parra, liv, any of the hou, 200 ap, Howe, Amy, enio, cade, bui, alon g, He estima, venu, Mal, mila, Joh, John B, hite, tur, ker, ryo, TJ, Bo, Borchardt, ake o Organizations: U.S, JCPenney, Sears, NHL, Pacific Retail Capital Partners, ust, Uni, ersity Locations: Broomfield , Colorado, U.S, California , Florida , Arizona, Texas, erie, Bor

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