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☆ On Thanksgiving 30 years ago, I gave up turkey and haven’t looked back
▼ + stars: | 2024-11-27 | by ( David Allan | Essay David G. Allan | ) edition.cnn.com time to read: +6 min

CNN —At a Thanksgiving gathering three decades ago, I went cold turkey on eating meat. “To quote George Bernard Shaw,” I announced, “‘Animals are my friends, and I don’t eat my friends.’”No one else made a toast. And over the past three decades, vegetarian options on restaurant menus have grown alongside my palate. The world is getting more culinarily progressiveBefore I got married, my in-laws thought I was a little odd for not eating meat. “I eat very little meat,” I’ve heard thousands of times after I say I’m vegetarian.

Persons: I’m, George Bernard Shaw, ”, ’, nonvegetarians, vegans, fruitarians, hasn’t, ” I’ve Organizations: CNN Locations: Mongolia, Maryland

☆ 'ACDC,' 'T2K,' and the Middle East: Leaked documents reveal Amazon's top cloud growth initiatives
▼ + stars: | 2024-11-27 | by ( Eugene Kim | ) www.businessinsider.com time to read: +6 min

AdvertisementInternal AWS documents obtained by BI lay out the cloud giant's growth priorities next year. Amazon Web Services recently laid out new growth initiatives that include a focus on healthcare, business applications, generative AI, and the Middle East region, according to internal documents obtained by Business Insider. These are part of the AWS sales team's priorities for next year and Amazon refers to them internally as "AGIs," short for "AWS growth initiatives," one of the internal documents shows. That was slower than Microsoft's and Google's cloud business, on a percentage basis. Generative AI Innovation CenterLast year, AWS launched a $100 million program called Generative AI Innovation Center, which connects customers with AWS's AI scientists and experts to help launch generative AI solutions.

Persons: Greg Pearson, AWS's, Patrick Neighorn, Matt Garman Frederic J . BROWN Organizations: BI, Microsoft, Google, Amazon Web Services, Business, AWS, Synergy Research, Amazon, Services, Getty, Data Centers, Forbes, Adobe, Gulf Cooperation Council, Center, Accenture, Tata Consultancy Locations: East, AFP, Saudi Arabia, Bahrain, UAE, Israel, Kuwait, Oman, Qatar

☆ Fossilized poop reveals secrets of how dinosaurs came to dominate Earth
▼ + stars: | 2024-11-27 | by ( Katie Hunt | ) edition.cnn.com time to read: +8 min

To better understand the extinct giants, Qvarnström and his colleagues investigated overlooked fossils known as bromalites: remnants from the digestive system — aka dinosaur poop and vomit. The analysis, which took 10 years to complete, allowed the team to piece together why dinosaurs came to prominence. Information from fossilized poop helped researchers to understand how dinosaurs rose to prominence 200 million years ago. Grzegorz NiedzwiedzkiReconstructing dinosaurs’ riseThe authors came up with five phases to explain dinosaurs’ ascendancy: Their ancestors were omnivorous, eating plants and animals. The supremacy of the dinosaurs endured until an asteroid that struck off the coast of what’s now Mexico 66 million years ago doomed the dinosaurs to extinction.

Persons: ”, Martin Qvarnström, ” Qvarnström, —, Grzegorz Niedzwiedzki, Lawrence H, Tanner, ” Tanner, Grzegorz, Qvarnström, Grzegorz Niedźwiedzki Organizations: CNN, Uppsala University, Synchrotron Radiation, Le Moyne Locations: Sweden, Polish, Poland, Sołtyków, Grenoble, France, New York, what’s, Mexico, Uppsala’s

☆ Why exchange-traded funds are a 'growth engine' of active management
▼ + stars: | 2024-11-27 | by ( Greg Iacurci | ) www.cnbc.com time to read: +3 min

Meanwhile, active mutual funds lost money in all but one year (2021); they shed $344 billion in the first 10 months of 2024. "We see [active ETFs] as the growth engine of active management," said Bryan Armour, director of passive strategies research for North America at Morningstar. As a result, passive funds have attracted more annual investor money than active funds for the past nine years, according to Morningstar. watch nowBut, for investors who prefer active management — especially in more niche corners of the investment market — active ETFs often have a cost advantage versus active mutual funds, experts said. "They are a tiny portion of active net assets but growing rapidly at a time when active mutual funds have seen pretty significant outflows," he said.

Persons: Tang Ming Tung, Bryan Armour, it's, Morningstar, It's, Jared Woodard, Armour Organizations: Getty, Morningstar, North America, P, Bank of America Securities

But investors see Bessent as a smart pick for Treasury secretary, and this sentiment sent bond yields — and therefore mortgage rates — lower. But mortgage rates are still elevated compared to where they've been in the last few months. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are still elevated, but over time they should ease as the Fed lowers rates.

Persons: Scott Bessent, they've, Donald Trump's, Freddie Mac Organizations: Treasury, Mortgage Research Center, Mortgage, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Fed Locations: Chevron

☆ The Israel-Hezbollah cease-fire deal brings hope, but the US' role of monitoring violations raises issues
▼ + stars: | 2024-11-27 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +5 min

The US and France will play a role in monitoring for potential violations of the deal. Regional experts say the US role in monitoring creates complications and challenges. A cease-fire agreement that aims to end the fighting between Israel and Hezbollah, the Iran-backed Lebanese militant group, marks a hopeful diplomatic moment after nearly 14 months of conflict. Gerges said that the inclusion of the US in the cease-fire monitoring process "complicates" matters. The cease-fire agreement will not stop the fighting in Gaza, though President Joe Biden said on Wednesday that the US will make "another push" to broker a deal there.

Persons: Gerges, Israel, Benjamin Netanyahu, Paul Salem, Salem, Hassan Fadlallah, Ozcelik, Hezbollah's, Joe Biden Organizations: Hezbollah, Israel, London School of Economics, United Nations, Lebanese, Middle East Institute, Guardian, Royal United Services Institute Locations: Israel, France, Iran, Lebanese, Lebanon, Syria, East, Gaza

☆ Consumers are willing to pay full price when the product is good, says SW Retail’s Stacey Widlitz
▼ + stars: | 2024-11-27 | 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 EmailConsumers are willing to pay full price when the product is good, says SW Retail’s Stacey WidlitzCoresight Research CEO Deborah Weinswig and SW Retail Advisors’ Stacey Widlitz, join 'Power Lunch' to discuss the read on retail holiday shopping.

Persons: Stacey Widlitz, Deborah Weinswig, ’ Stacey Widlitz Organizations: Consumers

☆ Say hello to your new coworker: Autonomous AI agents are coming to banks
▼ + stars: | 2024-11-27 | by ( Bianca Chan | ) www.businessinsider.com time to read: +4 min

Demand for AI agents is giving birth to a new class of startups and VCs hungry to invest in them. It was a topic of conversation at the Evident AI Symposium in New York on Thursday. To take AI agents a step further, technologists and startup investors are fueling a shift to so-called multi-agent systems that coordinate several AI agents to complete more complex tasks more autonomously. Well, that's still being worked out, according to a number of tech executives at the Evident AI Symposium Thursday. Heitsenrether, speaking at the Evident AI conference, told the audience that, over time, she expects AI to be seamlessly embedded in an employee's workflow.

Persons: Danny Goldman's, Michael Lacorazza, Mako, It's, Jamie Dimon, Teresa Heitsenrether, Wall, they're, Gabriel Stengel, Kristin Milchanowski, Ganesh Organizations: Finance, Mako, Khosla Ventures, Bank, Goldman, JPMorgan, BMO Financial Group, of Cambridge Locations: New York, OpenAI

☆ A 25% tariff on Canada & Mexico could result in $1500 of annual taxes on Americans: Joel Griffith
▼ + stars: | 2024-11-27 | 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 25% tariff on Canada & Mexico could result in $1500 of annual taxes on Americans: Joel GriffithJoel Griffith, Heritage Foundation research fellow, and Tomas Philipson, professor emeritus at the University of Chicago and former acting CEA chair, join 'Squawk Box' to discuss the economic impact of President-elect Trump's tariff threats.

Persons: Joel Griffith Joel Griffith, Tomas Philipson Organizations: Heritage Foundation, University of Chicago Locations: Canada, Mexico

☆ Elon Musk wants to 'delete' a federal agency designed to prevent another financial crisis and protect people from scams
▼ + stars: | 2024-11-27 | by ( Eliza Relman | Catherine Boudreau | ) www.businessinsider.com time to read: +6 min

AdvertisementElon Musk says he wants to eliminate the Consumer Financial Protection Bureau. The CFPB was created after the 2008 crisis to protect consumers from financial abuses. "Delete CFPB," Musk wrote on X early Wednesday of the Consumer Financial Protection Bureau. The agency investigates consumer complaints related to credit cards, loans, bank accounts, and debt collection and enforces consumer protection laws. Earlier this year, the CFPB also limited credit card late fees to $8 a month, compared to the average $32 fee charged by issuers in 2022.

Persons: Elon Musk, Musk, Vivek Ramaswamy, Dodd, Frank, Democratic Sen, Elizabeth Warren, Barack Obama, Warren, Wells Fargo, who've, —, Clarence Thomas Organizations: Financial, Bureau, Elon, Consumer Financial, Trump, Government, Trump Administration, Congress, Democratic, Harvard Law School, Personnel Management, Bank of America, of America, Apple, Google, Federal Locations: Wells Fargo, Wells

The yellow arrow and palm trees may not be as globally recognizable as McDonald's golden arches, but California-based burger chain In-N-Out Burger has still managed to amass a cult following with its "animal-style" fries and double-double burgers. It brings in an estimated $2.1 billion a year, according to food service consulting firm Technomic. He adds that the chain has the highest sales per store in the burger segment. Despite inflation, the price of a basic burger at In-N-Out has only increased by 25% since 2020 — the lowest increase amongst nine burger joints studied by Technomic. Learn how to earn passive income online, master your money, ace your job interview and salary negotiations, and become an effective communicator.

Persons: Burger, Harry, Esther Snyder, Kevin Schimpf, it's, Esther's, Lynsi Snyder, Stacy Perman, Perman Organizations: Technomic, Forbes, CNBC Locations: California, Baldwin Park , California, U.S

☆ There is no such thing as an all-America car. That’s why tariff will raise car prices.
▼ + stars: | 2024-11-27 | by ( Chris Isidore | ) edition.cnn.com time to read: +10 min

The US government tracks what percentage of each car’s parts is made “domestically.” But under current trade law, both Canadian-made parts and US-made parts are counted as the same domestic content. “Yes, it’s America’s truck, assembled in America, but not with American parts,” Ivan Drury, director of insights for Edmunds, told CNN. Domestic parts could be tough to findFinding domestic supplies for many of the imported car parts would be difficult. Even if an American parts supply could be found, in most cases it would be more expensive. Fewer imported cars would raise all pricesTariffs on imported vehicles likely would also lead to higher prices on cars that are assembled here, since it would limit the supply of vehicles in the US market.

Persons: Donald Trump, Trump, aren’t, Bill Clinton, Bill Pugliano, Honda, “, it’s, ” Ivan Drury, Edmunds, Jeff Schuster, GlobalData, ”, Drury, “ You’re Organizations: New, New York CNN, GM, Ford, Jeep, Dodge, Chrysler, Toyota, Honda, Tesla, Hyundai, Kia, Nissan, Mazda, Subaru, CNN, Chevrolet Blazer, Chevrolet Silverado Locations: New York, Mexico, Canada, American, United States, China, Lincoln , Alabama, Dearborn , Michigan, Michigan, Missouri, America, Saltillo , Mexico

☆ 36-year-old mom: I built a thriving living room Etsy side hustle, quit my job, and now earn $10,000 a month in passive income
▼ + stars: | 2024-11-27 | by ( Rachel Jimenez | ) www.cnbc.com time to read: +5 min

I decided to start an Etsy store, selling digital products like business templates and party games. Today, at 36, I have a thriving living room side hustle that regularly brings in $10,000 a month or more in passive income. I took consistent action every dayI took a course about selling digital products on Etsy back in 2019 that jump-started everything. I would try to work six to eight hours a day developing and listing products. After my digital product class ended, I stayed active in our Facebook group.

Persons: Peter Drucker, wouldn't, I've Organizations: Facebook

☆ The S&P 500 could hit 7,000 by the end of next year, says Ed Yardeni
▼ + stars: | 2024-11-27 | 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 EmailThe S&P 500 could hit 7,000 by the end of next year, says Ed YardeniEd Yardeni, Yardeni Research president, joins 'Squawk Box' to discuss the latest market trends, where investors can find opportunities right now, state of the economy, the Fed's inflation fight, and more.

Persons: Ed Yardeni Ed Yardeni Organizations: Yardeni Research

☆ Oil watchers say inflation risks will stave off Trump's Canada tariff threat
▼ + stars: | 2024-11-27 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

Higher fuel prices could be in the cards if President-elect Donald Trump follows through with his tariff threats on Canada, according to industry experts, who are skeptical on whether the new levies will ever be implemented. Trump on Monday pledged to implement additional tariffs on China, Canada and Mexico on day one of his presidency, according to his posts on social media platform Truth Social. He said he would sign an executive order on Jan. 20 imposing a 25% tariff on all imports from Canada and Mexico, a move that may breach the terms of a regional free trade agreement. Goldman Sachs' Co-Head of Global Commodities Research Daan Struyven said that if a 25% levy hit Canadian crude exports to the U.S. "that could, in theory, lead to some pretty significant consequences for three groups." U.S. refiners who rely on Canadian oil barrels could face lower profit margins, and consumers may potentially face higher prices, surmised Struyven.

Persons: Donald Trump, Goldman Sachs, Daan Struyven Organizations: Trump, Global Commodities, Daan, U.S . Energy Information Administration Locations: Canada, China, Mexico

☆ 'Cargojet is expensive': Short seller bets against Canada's largest cargo airline
▼ + stars: | 2024-11-27 | by ( Ganesh Rao | ) www.cnbc.com time to read: +5 min

A London-based hedge fund is betting against Cargojet , Canada's largest cargo airline, citing concerns about the company's aging fleet, accounting practices, and leadership style. Allen also claimed that the company has failed to update the age of its aircraft fleet. The Toronto-listed shares of the company have struggled this year, posting a 2% gain while the broader Canadian stock market has risen by nearly 25%. At the time of Allen's presentation slide titled "Cargojet is expensive," the stock was trading at 27 times earnings and 3.5 times tangible book value. In comparison, traditional airline Lufthansa trades at 7 times earnings, and United Airlines is valued at 9 times earnings estimate.

Persons: Edgar Allen, Ajay Virmani, Allen, they've, Cargojet, They've, Konark Gupta, Gupta, Allen's Sohn, Walter Spracklin, Fadi Chamoun, Chamoun, Drake, Elon Musk, Virmani Organizations: Cargojet, Investment Management, Sohn, United Parcel Service, Federal Express, CNBC Pro, CNBC, Scotiabank, RBC Capital Markets, BMO Research, Lufthansa, United Airlines, Elon Locations: London, Ontario, CJT, Toronto

☆ Bitcoin bounces back above $95,000 as investors eye $100,000 milestone heading into Thanksgiving holiday
▼ + stars: | 2024-11-27 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Bitcoin on Wednesday climbed back above $95,000, recovering slightly from a pullback this week that knocked it from record levels. The broader crypto market, as measured by the CoinDesk 20 index, gained 5%. Although bitcoin is widely viewed as a store of value and a digital alternative to gold, the cryptocurrency often trades in tandem with the stock market. "The bitcoin bull market has legs," Alex Thorn, head of firmwide research at Galaxy Digital, said in a report Wednesday. Bitcoin is up 124% for the year and is still widely expected to reach the $100,000 milestone before the year is over.

Persons: Bitcoin, cryptocurrency, bitcoin, Coinbase, Trump, Alex Thorn, Biden, Katie Stockton, CNBC's, … Organizations: Wednesday, Metrics, Nasdaq, Dow Jones Industrial, Galaxy Digital Locations: U.S

☆ Semis won't face much impact from Trump 2.0 tariffs, says Bernstein's Stacy Rasgon
▼ + stars: | 2024-11-27 | 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 EmailSemis won't face much impact from Trump 2.0 tariffs, says Bernstein's Stacy RasgonStacy Rasgon, Bernstein Research U.S. semiconductor senior analyst, joins CNBC's 'The Exchange' to discuss the impact of potential tariffs on the semiconductor sector.

Persons: Bernstein's Stacy Rasgon Stacy Rasgon Organizations: Trump, Bernstein Research

☆ What Robert F. Kennedy’s confirmation as HHS secretary could mean for global health
▼ + stars: | 2024-11-27 | by ( Brenda Goodman | ) edition.cnn.com time to read: +13 min

CNN —President-elect Donald Trump’s choice of Robert F. Kennedy Jr. to lead the US Department of Health and Human Services sent a shudder through the global health community. The US is the world’s largest funder of global health programs, according to the nonprofit health policy and research group KFF. Global health is really strategic investment,” del Rio added, saying he hoped Kennedy would find a way to maintain those investments. About half of the nation’s global health budget is spent on HIV/AIDS prevention and treatment, according to KFF. Worldwide, measles cases rose 20% from 2022 to 2023, according to the latest report from the World Health Organization.

Persons: Donald Trump’s, Robert F, Kennedy Jr, Kennedy, hasn’t, ”, Richard Carmona, George W, Bush, “, ” Carmona, Carlos del Rio, thimerosal, Joe Rogan, “ There’s, Kathleen Sebelius, Barack Obama, Peter Hotez, Trump, — Hotez, Rachel, Hotez, ” Hotez, Anthony Fauci ”, Fauci, Mary Holland, –, It’s, ” Sebelius, Sebelius, doesn’t, Lawrence Gostin, Peter Kotlar, Robert Fico, ” Kennedy, Kennedy’s, Gostin, ” Gostin, Dr, Sanjay Gupta, ” Holland, can’t Organizations: CNN, US Department of Health, Human Services, HHS, US Centers for Disease Control, National Institutes of Health, Emory University, ”, Health Defense, US Food, CDC, Baylor College of Medicine, NIH, NBC News, Children’s Health Defense, World Health Organization, United States, US State Department, WHO, Georgetown University, Slovak, covid, Get CNN, CNN Health, Trump, pandemics Locations: Rio, United States, India, Africa, United, Geneva

☆ JonBenet Ramsey: What we know about the child beauty queen’s death, the botched investigation and decades of mystery
▼ + stars: | 2024-11-27 | by ( Holly Yan | Jean Casarez | ) edition.cnn.com time to read: +14 min

The kindergartener was already wearing high heels and following the footsteps of her beauty queen mother, Patricia “Patsy” Ramsey, a former Miss West Virginia. A cryptic ransom note and a grisly discoveryThe morning after Christmas, Patsy Ramsey went to the kitchen to make coffee. It demanded a peculiar amount of money – $118,000 – the same amount John Ramsey received for his Christmas bonus as president of Access Graphics. A grieving father’s relentless search for justiceSince Patsy Ramsey passed away 18 years ago, John Ramsey has remarried and moved to Utah. Helen H. Richardson/The Denver Post/Getty ImagesDespite helping with the Netflix documentary, John Ramsey said he doesn’t intend to watch it.

Persons: JonBenét Ramsey, JonBenét’s, John Bennett Ramsey, ” Ramsey, Joe Berlinger, “, Berlinger, JonBenét, Little Miss Colorado, Patricia “ Patsy ” Ramsey, Burke, Patsy Ramsey, Patsy Ramsey’s notepad, John Ramsey, Karl Gehring, ” John Ramsey, ’, ” JonBenét, Patsy Ramsey’s, it’s, Patsy, ”, CNN’s Kate Bolduan, they’ve, JonBenet, Steve Redfearn, Ramsey, Boulder Police Department —, —, …, John, Alex Hunter, ” Stan Garnett, Angela Williamson, Burke Ramsey, Patsy Ramsey didn’t, johns, Williamson, ” Williamson, John Mark Karr, Karr, SAEED KHAN, JonBenet Ramsey, Michael Dougherty, ” Berlinger, Helen H, Richardson, I’ve, Jan, It’ll, ’ ” Ramsey, Julie, Faith Karimi, Eric Levenson, Andi Babineau Organizations: CNN, Netflix, Little Miss, Little Miss Colorado ., Little Miss Colorado . Little Miss, Little Miss Colorado . Little Miss Charlevoix . Colorado State, Royale Miss, Miss, Access Graphics, Police, Boulder Police, Boulder, Boulder Police Department, Colorado Cold Case, Colorado Bureau, Boulder Daily Camera, DA, Technicians, Thai Immigration Department, Getty, Denver Post Locations: Colorado, Little Miss Colorado . Little, Little Miss Colorado . Little Miss Charlevoix . Colorado, Royale, Miss West Virginia, Boulder , Colorado, ”, Boulder, Boulder County, JonBenét’s, Bangkok, Thailand, AFP, SARTIN, Utah

AdvertisementThe rate of AI model improvement appears to be slowing, but some tech leaders say there is no wall. A fierce debate over whether improvements in AI models have hit their limit has taken hold in recent weeks, forcing several CEOs to respond. Others, including Marc Andreessen, say AI models aren't getting noticeably better and are all converging to perform at roughly similar levels. AdvertisementOne solution that companies are exploring is synthetic data, an artificial form of data generated by AI. Aymeric Zhuo, cofounder and CEO of AI startup Agemo, said that AI reasoning "has been an active area of research," particularly as "the industry faces a data wall."

Persons: Sam Altman, Fabrice Beaulieu Dario Amodei, Anthropic, Jensen Huang, Marc Andreessen, Henri Tilloy, Jensen, Justin Sullivan, Matthew Zeiler, Eric Landau, Landau, Sharon Zhou, Zhou, Daniele Panfilo, Bard, it's, Thomas Wolf, Jonathan Frankle, Ilya Sutskever, Satya Nadella, Aymeric Zhuo, Sivesh Sukumar, OpenAI, Noam Brown, It's, Adam Selipsky, Dario Amodei, Noah Berger, Anthropic's, they've, Microsoft's Copilot Organizations: Nvidia, Business, Google, French VC, Companies, Vox Media, OpenAI, Reuters, TED, Gemini, Web, Getty Companies, Investors Locations: Santa Clara

☆ 10 things the Club is watching in the market Wednesday, including CrowdStrike, HP, Dell
▼ + stars: | 2024-11-27 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +4 min

CrowdStrike delivered a very good quarter after Tuesday's closing bell, with management raising its full-year outlook on sales, operating income, and earnings. Mortgage rates dropped last week, pushing home loans for purchases up 12% week over week and 52% year over year. Best Buy shares were steady Wednesday morning after their nearly 5% post-earnings drop in the previous session. 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 .

Persons: CrowdStrike, Wells, Donald Trump, Kevin Hassett, Hassett, Stanley Black, Decker, Jim Cramer, We're, — CNBC's Zev Fima, Jim Cramer's, Jim Organizations: Dow, Nasdaq, Street, RBC, Dell, HP, Wall Street, National Economic Council, of Economic Advisers, Apple, Financial Times, Citi, holding's, Disney, Comcast's Universal, Paramount, Comcast, NBC Universal, CNBC, Jim Cramer's Charitable Locations: Wells Fargo, China

☆ Evercore ISI's Mark Mahaney on why Amazon and Uber are his top two stock picks
▼ + stars: | 2024-11-27 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEvercore ISI's Mark Mahaney on why Amazon and Uber are his top two stock picksMark Mahaney, Evercore ISI head of internet research, joins 'Squawk Box' to discuss the latest market trends, state of internet and tech stocks, his top stock picks, and more.

Persons: Mark Mahaney

For the past year, comparing short-term CD rates vs. long-term CD rates showed that short-term CDs had better rates overall. Even the best long-term CD rates were starting to dip under the 4% mark, going into the 3.90% APY range. For example, Synchrony Bank's best CD rate is the Synchrony 9 Month CD, which offers 4.05% APY. Long-term CD rates are still lower than short-term CD rates overall. If the risk of incurring early withdrawal penalties in a long-term CD is too much, you can open a CD ladder with a long-term CD in it to mitigate that risk.

Persons: Synchrony, we're, Jerome Powell, Donald Trump, Kit Pulliam, They’ve, Kit Organizations: Federal Reserve, America First Credit, Credit Union, Dow Credit Union, Federal, Pulliam, Business, Tax, MSN, Vanderbilt University Locations: America

☆ Generative AI's hype has yet to lead to a must-have gadget for the holiday season
▼ + stars: | 2024-11-27 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +3 min

Generative artificial intelligence has taken Silicon Valley by storm since the launch of OpenAI's ChatGPT chatbot in November 2022. There was a lot of optimism over the potential of GenAI gadgets at the CES trade show in January, said Paul Gagnon, vice president for analyst firm Circana. Additionally, consumers may find current GenAI devices too expensive, and they may be confused about what the devices can actually do, he said. The reality is that while GenAI has captivated Silicon Valley, it's still "inning zero" in regard to widespread adoption, Bajarin said. Despite Silicon Valley not having a breakout year for GenAI hardware, here are a few GenAI devices early adopters can buy.

Persons: chatbot, Paul Gagnon, Gagnon, we've, — there's, hasn't, Ben Bajarin, Ray, Bajarin, Ryan Reith, Reith, GenAI, Steve Koenig Organizations: Nvidia, CES, Creative, Microsoft, Apple, Intel, Dell, Lenovo, IDC, Consumer Technology Association Locations: Silicon

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