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The AI trade is powering ahead as the markets are seeing a rotation back into the semiconductor, hardware and software companies that are driving the revolution. One industrial company on my radar — that I don't yet have a position in — is Vertiv (VRT) . The company provides liquid cooling systems for data centers powering AI. I know it's a wide zone, but consider the percentage gain this stock has experienced in the past 2 years. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: Todd Gordon, Gordon Organizations: Edge, Inside Edge, CNBC, NBC UNIVERSAL Locations:
There’s only room for one killer clown at the top of box office charts. Meanwhile “Joker: Folie á Deux,” which topped the box office last weekend, collapsed in third place with $7.055 million from 4,102 theaters. So far, “Folie a Deux” has generated $51.6 million domestically and $165.3 million globally. The well-reviewed family film has amassed $83.73 million domestically and $148 million globally to date. It has earned $52.8 million domestically and $111 million worldwide so far.
Persons: , Beetlejuice, , Joaquin Phoenix, Damien Leone, David A . Gross, Pharrell Williams, Morgan Neville, Rogers, Gross, Sony’s, Jason Reitman, Sebastian Stan, Donald Trump, CinemaScore, Trump, Tim Burton’s, ‘ Taylor Swift, Paul Dergarabedian, “ It’s Organizations: Warner Bros, Rotten, Motion, Entertainment Research, Cannes Film, Briarcliff Entertainment, Universal, DreamWorks, Optimus Locations: North America, CinemaScore
How Trump’s tariffs would work
  + stars: | 2024-10-13 | by ( Katie Lobosco | Annette Choi | ) edition.cnn.com   time to read: +3 min
Study after study, including one from the federal government’s bipartisan US International Trade Commission, has found that Americans have borne almost the entire cost of Trump’s tariffs on Chinese products. When Trump was in office, he implemented tariffs on about $380 billion worth of goods imported into the US, according to a Tax Foundation analysis. The Trump tariffs also hit foreign steel, aluminum, washing machines and solar panels. But even if Trump implements tariffs on all US imports, the resulting revenue is unlikely to cover all these costs. The Committee for a Responsible Federal Budget recently estimated that Trump’s tariff plan would not generate enough revenue to pay for his other spending proposals.
Persons: Donald Trump, Trump, ” Trump, He’s, Kamala Harris, Harris, he’s Organizations: Washington CNN, White, Trump, US International Trade Commission, Biden, Social Security, CNBC, Detroit Economic, Federal Budget Locations: Michigan
Recommendations from top Wall Street analysts could help investors pick stocks with attractive dividends that are backed by strong financials. Here are three dividend-paying stocks, highlighted by Wall Street's top pros on TipRanks, a platform that ranks analysts based on their past performance. Realty Income is known for its monthly dividends. In particular, the analyst raised the price target for Realty Income to $67 from $64 and reaffirmed a buy rating on the stock. (See Realty Income Stock Charts on TipRanks)
Persons: Robert Gauthier, Wall, Ivan Feinseth, Feinseth, TipRanks, Brad Heffern, Heffern Organizations: McDonalds, Los Angeles Times, Getty, Wall, T, RBC Capital Locations: Santa Monica, Los Angeles , California, U.S, United Kingdom, Europe
While you're doing so, it's also important to consider what counts as "earned income" for a child's Roth IRA. The maximum annual contribution for 2024 is $7,000 or the total of the child's earned income for the year — whichever is less. For instance, if a 16-year-old works at a coffee shop and earns $4,000 over the summer, that $4,000 qualifies as earned income. Earnings from a part-time job, such as working at a grocery store, fast food restaurant, or retail shop, count as earned income. For instance, if a 16-year-old works at a coffee shop and earns $4,000 over the summer, that $4,000 qualifies as earned income.
Persons: Momo, you've, Roth, it's, child's Roth Organizations: Stone, child's Roth IRA, Facebook, IRS
Trump’s re-election campaign has excoriated the project, calling it “pure malicious defamation” and “garbage,” and sent the producers a cease-and-desist letter. Vanity Fair journalist Gabriel Sherman, who wrote the screenplay, draws a direct line between Cohn’s bare-knuckle tactics and Trump’s modern-day political persona. In one graphic scene, the dramatized Trump character sexually assaults his first wife, Ivana Trump (played by Maria Bakalova), after a bitter argument. In another notable sequence, Trump’s character goes under the knife for scalp reduction surgery and a liposuction procedure. “You might find some of these character questions you have about Trump answered,” Abbasi said.
Persons: Donald Trump, Trump’s, Ali Abbasi, Abbasi, , , McCarthy, Roy Cohn, Trump, Gabriel Sherman, Cohn, Jeremy Strong, Sebastian Stan, ” Abbasi, Sherman, Fred, Ivana Trump, Maria Bakalova, ” Pief, Steven Cheung, doesn’t, ” Cheung, Tom Ortenberg, , ” Ortenberg, Kevin Smith’s, Bill Maher’s “, Oliver Stone’s “, George W, Bush, Briarcliff, Jamal Khashoggi, Ortenberg, It’s Organizations: Cannes Film, Republican, New York, Manhattan, Vanity, NBC, Trump, Hollywood, Briarcliff Entertainment, Catholic League, Washington Post, Saudi, Variety Locations: Hollywood, American, Tehran, Copenhagen, , New York City, Saudi Arabian, Istanbul
Chris Pine, who starred in "The Princess Diaries 2," said he doesn't know anything about the third film. Advertisement"The Princess Diaries 2: Royal Engagement" actor Chris Pine said doesn't know anything about the movie's sequel, "The Princess Diaries 3." "The Princess Diaries" sees Princess Mia Thermopolis (Anne Hathaway) learn that her late father was the prince of a fictional European country, Genovia. Chris Pine doesn't know anything about "The Princess Diaries 3." The sequel doesn't have a release date: it is still in development and filming is yet to start.
Persons: Anne Hathaway, She'll, Queen Mia Thermopolis, Chris Pine, , Mia Thermopolis, Clarisse Renaldi, Julie Andrews, Hathaway, Angela Weiss, Adele Lim, Thermopolis, Devereaux, doesn't, Viscount Mabrey, John Rhys, Davies, Chris Pine doesn’t, Prince Consort, Amelia Mignonette Thermopolis, of Genovia, sN2MmHh4qd, — ✨ Bailey, Jenna, Pine, Bob Iger, he'd Organizations: Service, Getty, Disney, Pictures, Hoda Locations: Genovia, European
CNN —Most musicians dream of winning a Grammy, but there’s only one award Chappell Roan is aiming for. So what better way to cap off her mega year than by winning her first Grammy Award? Creative director Ramisha Sattar and recording artist Chappell Roan. Universal Music Group“Please, please, please put some type of energy, a spell, whatever, that we get nominated for the Grammy,” Roan said in the video. “She is just as much Chappell Roan as I am, honestly,” Roan told CNN.
Persons: Chappell Roan, , Taylor Swift, Roan, , “ I’ve, I’ve, Ramisha Sattar, ” Roan, “ It’s, Kamala Harris, Sattar, Gen Z Lisa Frank, ” Sattar, Chappell Organizations: CNN, Austin, MTV, Recording, Universal, ” Universal Locations: Roan, Instagram
Let's dig into what this pattern represents, and what key price level investors should be watching for in the days to come. This week's sell-off could result in the formation of the right shoulder, completing the set-up of this bullish price pattern. Further price support could emerge at the 61.8% retracement level using the March to September rally as a framework for the analysis. Note how this neckline lines up almost perfectly with the 38.2% Fibonacci retracement level using the framework described above. Other Magnificent 7 stocks Interestingly enough, Alphabet is not the only Magnificent 7 name testing its 200-day moving average this week.
Persons: GOOGL, David Keller Organizations: Inc, Microsoft Corp, CMT, CNBC, NBC UNIVERSAL
CNN —Hurricane Milton slammed into Florida’s Gulf Coast on Wednesday night, making landfall as a powerful Category 3 storm. The intense hurricane spawned tornadoes, dumped rain across much of the state, left millions without power and claimed at least 12 lives, including five people in St. Lucie County. Milton is the third hurricane to hit Florida this year — which has only happened during five other hurricane seasons since 1871. Many areas in Florida are also recovering from the aftermath of a Milton-spurred torrent “supercharged” tornadoes, according to National Hurricane Center Director Michael Brennan. Milton was the fifth hurricane to make landfall in the United States this year, joining Category 1 Beryl, Category 1 Debby, Category 2 Francine and Category 4 Helene.
Persons: Hurricane Milton, Lucie County, Helene, Deanne Criswell, Michael Brennan, “ We’ve, Lucie Mayor Shannon Martin, CNN’s Jim Acosta, , I’ve, Hurricane Irma, Milton, Beryl, Debby, Francine Organizations: CNN, Hurricane, NASA, Climate, FEMA, National Hurricane Center, National Weather Services Locations: Coast, St, Lucie, Siesta, Milton, Florida, Gulf, Mexico, St . Petersburg, Hillsborough, Lucie County, Port St, Tampa Bay , Melbourne, Miami, Hurricane, Hardee, Highlands, Tampa, Petersburg, Sarasota, United States
The Summary Hurricane Milton intensified at one of the fastest rates in recorded history. At nearly every turn, Hurricane Milton has offered surprises. Milton is the strongest Gulf of Mexico hurricane since Hurricane Rita in 2005. However, Lin said, “that doesn’t make it any less dangerous.”Even with slower winds, Milton is expected to remain a major hurricane until landfall Wednesday night. “That would tie 2024 with 2005 and 2020 for 2nd most Gulf hurricane landfalls on record, trailing only 1886,” meteorologist Philip Klotzbach wrote on X.
Persons: Hurricane Milton, Milton, Campeche —, Chris Slocum, ” Slocum, , John Morales, Karthik Balaguru, Jonathan Lin, Milton “, Rita, Slocum, ” Lin, Milton “ wobbled, Lin, Hurricane Irma, Hurricane Helene —, , Helene, Philip Klotzbach Organizations: Hurricane, Hurricanes, National Oceanic, Atmospheric Administration’s, NBC South, Climate Central, Pacific Northwest National Laboratory, Cornell University, National Hurricane Center, Tampa Bay, Atlantic Locations: Gulf, Mexico, Hurricane, Tampa Bay, Africa’s, Caribbean, Gulf of Mexico, Florida, Campeche, NBC South Florida, Milton, Tampa, Florida’s
"Monsters" has sparked a debate about whether the true crime drama will help the Menendez brothers. Leslie Grossman told Business Insider "the show will only benefit" Erik Menendez and Lyle Menendez. Advertisement"Monsters: The Lyle and Erik Menendez Story" actor Leslie Grossman told Business Insider that the true crime drama "will only benefit" the brothers, after the Menendez family criticized it. The series dramatizes multiple perspectives on why Lyle Menendez and Erik Menendez killed their parents, José Menendez and Kitty Menendez, in 1989, which culminated in the pair being given life sentences in 1996. Lyle Menendez and Erik Menendez during their trial in 1994.
Persons: Menendez, Leslie Grossman, Erik Menendez, Lyle Menendez, Ryan Murphy's, , Lyle, Ryan Murphy, Ian Brennan's, José Menendez, Kitty Menendez, Murphy, Grossman, Judalon Smyth, Netflix Grossman, George Gascón's, Gascón, Ted Soqui, Laurie L, Levenson, " Levenson Organizations: Service, Variety, Associated Press, Netflix, Los Angeles District, Los Angeles District Attorney, LA District, Getty, LA
Of the 175 key ETFs that we track, just one made a new all-time high on Tuesday – the iShares Expanded Tech-Software Sector ETF (IGV) . IGV, thus, was the first major technology ETF to hit new highs after a very turbulent past few months. Before Tuesday, IGV's last all-time high happened way back in November 21 (nearly three years ago), when the ETF hit an intra-day high of $89.76. For some context, while the SPDR Technology ETF (XLK) hit a low on the same day in November 202222, its snapback unfolded much more quickly. XLK hit a new all-time high way back in July 2023 and has kept going.
Persons: IGV's, XLK, IGV, it's, Frank Cappelleri Organizations: Software Sector, Technology, RSI, CNBC, NBC UNIVERSAL
There might be another listener in the room at your doctor's appointments now or in the near future: ambient AI. Ambient AI is a technology that records and automates transcripts of conversations in real time — like a scribe. Over 15,000 patient visits were conducted "using this type of ambient AI technology to augment the documentation," he says. Seliby Perkins is prepared for patients to either decline the use of ambient AI during their visits or have a lot of questions about how it works. Prior to implementing ambient AI at TGH, the hospital set up an AI governance group with physicians, ethicists and experts in compliance, risk, privacy and security.
Persons: Nishit Patel, Patel, LaTasha Seliby Perkins, Seliby Perkins Organizations: Tampa General Hospital, Georgetown University, Tampa General Hospital physicians Locations: Tampa
Here are five AI hacks smart professionals use to get the most out of AI:1. Head over to Google Forms, click the AI button at the top of the page, and tell the tool what you're looking to accomplish. Zoom In Icon Arrows pointing outwardsYou can use a similar approach beyond survey comments. Zoom In Icon Arrows pointing outwardsThe key here is that AI can do more than just spit out text. Zoom In Icon Arrows pointing outwardsAgain, you can adapt the prompt to help you prepare for any kind of presentation.
Persons: I’ve, you’ve, you've, We've Organizations: Khan Academy, Harvard Business School, University of Texas, Google
The charts indicate it may be time to look at chip stocks once again. However, the major semi names like Nvidia (NVDA) , Broadcom (AVGO) and AMD (AMD) have not actually fallen significantly in this rotation. Before we get into the specifics of Broadcom, let's take a look at the rotation out of semis starting in early August. Broadcom's chart Broadcom is a key holding in both my dividend and growth portfolios at Inside Edge Capital. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: swoon, we're, I've, you've, Todd Gordon, Gordon, AVGO Organizations: Semiconductor, Nvidia, Broadcom, AMD, CNBC Pro, let's, I've, Edge, Inside Edge, CNBC, NBC UNIVERSAL
Global police agency Interpol has released details of 46 cold cases involving women who were murdered or died in suspicious or unexplained circumstances, some of whose remains were found decades ago, according to a statement Tuesday. One of the cold cases relates to a body found in Saint-Denis, France. InterpolThe 46 cases have been added to the agency’s Identify Me appeal, launched in May 2023, which asked the public to help identify 22 deceased women. “Even the smallest piece of information can be vital in helping solve these cold cases. InterpolAs part of the campaign, Interpol has released parts of its Black Notice alerts, which are normally only available to police, for the first time.
Persons: Denis, Rita Roberts, Roberts, , ” Rita Roberts Organizations: CNN, Global, Interpol, Cardiff Locations: Germany, Saint, France, Premia de Mar, Spain, Cardiff, Wales, Antwerp, Belgium, Netherlands, Italy
“Joker: Folie à Deux,” a genre-bending sequel to the billion-dollar comic book smash, hit a sour note at the box office even as it opened to No. That’s a problem because the R-rated sequel carries a substantial $200 million price tag (the first film was produced for a trim $65 million). So, “Folie à Deux” needs to generate at least $450 million to break even, according to sources familiar with the film’s financials. Muted buzz for “Folie à Deux” began at Venice Film Festival, where “Joker” took home the fest’s top prize in 2019. Joaquin Phoenix and Lady Gaga attend the Los Angeles premiere of "Joker: Folie a Deux" on Sept. 30.
Persons: , , Jeff Bock, Warners, tentpole, haven’t, Joker ”, Joaquin Phoenix, Lady Gaga, Matt Winkelmeyer, WireImage Todd Phillips, Arthur Fleck, Harleen “ Lee ” Quinzel, Gaga, Martin Scorsese, ” “ Todd Phillips, Bock, Lionsgate’s, Jacob Tremblay, Julian, Bryce Gheisar, Sony’s, Pharrell Williams Organizations: Warner Bros, Phoenix, Bron Creative, Warners, Venice Film, Los Angeles, Lionsgate, DreamWorks Locations: Danish
Market volatility will likely increase from here as the race for the White House enters its final weeks, according to Wolfe Research. Technical strategist Rob Ginsberg tracked the average move of the CBOE Volatility Index (VIX) during a presidential election year. With momentum rolling over and several sectors seeing healthy pullbacks of late ... we feel the S & P is overdue for another 3 – 4% correction." To be sure, any troubles in the market into Election Day would mark a turn after an unusually strong year. Notably, Bespoke Investment Group found the S & P 500 notched its largest gain over the first nine months of a year since 1997.
Persons: Brace, Rob Ginsberg, bode, Ginsberg, What's Organizations: White, Wolfe Research, Traders, Nasdaq, Dow Jones, Investment, Carson Group Locations: Israel
—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.
Persons: XOM, Katie Stockton Organizations: XLE, Exxon Mobil, bbl, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities
NBC News spoke with four rabbis about the buzzy series, which has generated intense online reaction, including a steady stream of Brody-focused “hot rabbi” memes, since its Sept. 26 release. Nevertheless, the “hot rabbi” memes still remain a major force behind the show’s public reception. He took no issue with Brody’s “hot rabbi” character and his lifestyle. “Yeah, I’m a hot rabbi. Like Zinkow, Rabbi Sari Laufer was cautious about the show — and planned to avoid it altogether.
Persons: Maya Zinkow, Kristen Bell, podcaster, , Adam Brody, Berkeley’s Hillel, , ” Zinkow, Steve Leder, ” Adam Brody, ” Saeed Adyani, Rabbi Noah Roklov, Brody, Bell, Angelino, Harry Met Sally, , Erin Foster, Foster, Hugh Grant, Joanne —, adam brody, Seth Cohen, Adam Brody’s rizz, Leder, ” Leder, “ It’s, Noah, — Leder, Zinkow, I’m, Joanne, Rabbi Noah, Rabbi Sari Laufer, ” Laufer, Stephen Wise, Laufer, Rabbi Leora Kaye, Noah’s, Bina, Rebecca, Emily Arlook, ” “, Kaye, it’s, Jackie Tohn, Esther, NBC’s, That’s, ” Foster, “ They’re Organizations: University of California, NBC News, NBC, Netflix, Wilshire Boulevard Temple, Guardian, Stephen Wise Temple and Schools, Central Conference of American, Los Angeles Times, Jewish, Hallmark Locations: , Brody, Israel, U.S, Wilshire Boulevard, Los Angeles, “ Notting, Fleabag, New York, endogamy
That opportunistic vocalist was named Otis Redding, who received a star on the Hollywood Walk of Fame on Friday. Jimmy Jam, a music producer and the master of ceremonies for the unveiling of the star, lauded Redding as legendary. Santiago started off by thanking Zelma Redding, Otis Redding's wife, who attended the ceremony. But this means the world, that here we are, traveling all the way to the West Coast for this honor that will live on forever as the legacy of Otis Redding does," Redding-Andrews said. “I am not a blues singer or an R&B singer,” Redding once said.
Persons: Johnny Jenkins, Jenkins, Otis Redding, Jimmy Jam, Redding, Jam, Michael Santiago, Mike, Santiago, Zelma Redding, Otis Redding's, Martin, Coretta, Malcolm, Betty, Otis, Coretta Scott King, Betty Shabazz, Martin Luther King Jr, Malcolm X, Karla Redding, Redding's, , , ’ ”, Andrews, , Rolling, Little Richard’s, Carla Thomas, Phil Walden, Bob Dylan, Janis Joplin, “ Otis Redding, Bill Graham, ” Redding Organizations: Stax Records, Stax, Hollywood, Rolling Stone, Memphis DJ, Fillmore, Monterey Pop Festival Locations: Memphis, Andrews, West, Macon , Georgia, Georgia, San Francisco, Los Angeles, Sausalito, Madison, Wis, Monterey
Chappell Roan has endured backlash on social media for sharing her political opinions and canceling shows. That quote was subsequently clipped and shared widely on social media, where uproar promptly ensued. Even if canceling shows could drive away fans, it's worth the riskFans at a Chappell Roan concert in October 2023. Maybe Roan should pull back from social media — but that's ultimately her callChappell Roan points at a photographer on the VMAs red carpet. Swift turned off Instagram comments years ago, Gomez has said she deleted the app from her phone, and others have quit posting on social media altogether.
Persons: Chappell Roan, , Roan, she's, who's, Taylor Swift's, TikTok, Donald Trump, Gen Zers, Kamala Harris, mispronouncing Harris, they're, chappell, ake, ould, ong, ike J ustin, elena G omez,, ike, B, R., hore, orth, veryone's, IKE —, hite Organizations: Service, Poets Department, Guardian, Democratic, ust Locations: Roan, rive, ashington, uman
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJim Cramer hits the charts to see what's ahead for the 10-Year Treasury'Mad Money' host Jim Cramer takes a look at charting for the 10-Year Treasury as bonds soar on jobs report data.
Persons: Jim Cramer Organizations: Treasury
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Persons: You'll, Hyatt, , you'll, we've, Hyatt Ziva Los Cabos, Hyatt Ziva Puerto, Marriott, Harlan Vaughn Harlan Vaughn, he’s, Harlan, Read, Angela Fung Organizations: Business, Hyatt Credit, Hyatt, Hyatt —, Chase, FDIC, Hyatt Credit Card, Hyatt loyalists, Regency Club, Hyatt Ziva Puerto Vallarta, Hyatt House, MGM, American Airlines, Marriott, Ink, Travelers, Hilton, Finance Locations: Hyatt, Hyatt.com, Austin, Tucson, Massachusetts, U.S, Dallas , Texas
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