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☆ CNBC Sport: NBC still doesn't have a deal for John Tesh's 'Roundball Rock' theme
▼ + stars: | 2024-11-14 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +15 min

NBC Sports still expects to come to a deal with Tesh, according to a person familiar with the matter. How to value a theme song like "Roundball Rock" is nebulous at best. Any sports fan of the 1990s can tell you that John Tesh's "Roundball Rock" is synonymous with "The NBA on NBC." NBC Sports still expects to come to a deal with Tesh, according to a person familiar with the matter. How to value a theme song like "Roundball Rock" is nebulous at best.

Persons: Alex Sherman, John Tesh, I'm, Tesh, NBC Sports isn't, hasn't, Marv Albert, Bob Costas, NBA hasn't, there's, he's, Mark Wilf, Donald Trump, Wilf, Adam Silver, Silver, NBCU's Peacock, David Zaslav, John Malone, Greg Maffei, Malone, Diamond, That's, Mike Tyson, Jake Paul, it's, CNBC's Lillian Rizzo, Mike Ozanian, –, Juan Soto, Ohtani, Paul Archuleta, John Tesh's Organizations: CNBC, NBA, NBC, NBC Sports, Disney, Amazon, Warner Bros, Fox Sports, Big East, Chicago Bulls, Tesh, Minnesota Vikings, Major League Soccer's Orlando City, Orlando Pride, Vikings, Orlando, Paley Center for Media, Summit, ESPN, TNT, CNBC Sport, Liberty Media, Liberty, Atlanta Braves, Diamond Sports, Major League Baseball, NHL, Fitness, Holdings, Netflix, NFL, Philadelphia Phillies, NBC Sports Philadelphia, Industry, Hallmark, Universal Studios Hollywood, Getty Locations: Nashville, Orlando City, Trump, Texas, London, Universal City , California

☆ ‘Big Short’ investor Michael Burry reshuffles portfolio, adds hedges on China holdings
▼ + stars: | 2024-11-14 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Burry, who now manages hedge fund Scion Asset Management, boosted his stakes in a few Chinese internet companies' ADRs, according to a regulatory filing. The trader added to his Alibaba bet by 29% to a stake worth more than $21 million, making it his largest position at the end of September. The widely followed investor also doubled his stake in JD.com , pushing it to become Scion's second-biggest holding, worth $20 million. Burry also increased his stake in Chinese search engine Baidu by 67% to a bet worth $13.2 million at the end of the third quarter. Burry was depicted in Michael Lewis' book " The Big Short " and the subsequent Oscar-winning movie of the same name.

Persons: Michael Burry, Burry, Michael Lewis, Molina Organizations: Asset Management, Baidu, Alibaba, American Coastal Insurance Corporation, Molina Healthcare, U.S . Securities, Exchange Locations: JD.com

☆ COP29 host Azerbaijan hits out at West in defense of oil and gas
▼ + stars: | 2024-11-13 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +5 min

The president of Azerbaijan, host of this year’s U.N. climate summit, lashed out at Western critics of his country’s oil and gas industry on Tuesday. Azerbaijan’s finance ministry said the share of oil and gas as a contribution to the economy was declining as the country diversifies. The people need them.”He singled out the United States, the world’s largest historic carbon emitter, and the European Union for particular criticism, accusing them of double standards. The United States is the world’s largest oil and gas producer. Aiming to cut methane emissions from the United States, President Joe Biden’s administration on Tuesday finalized a methane fee for big oil and gas producers.

Persons: Ilham Aliyev, General Antonio Guterres, ”, Aliyev, bode, Romain Ioualalen, Harjeet Singh, Ali Zaidi, Joe Biden’s, Donald Trump, ” Guterres, Mia Mottley Organizations: European Union, Observers, Shell, World Bank Locations: Azerbaijan, United States, Ukraine, California, New York, Spain, Barbados

☆ Nasdaq CEO shares the best investing advice she's given her own son: It’s a ‘foundational element of wealth creation’
▼ + stars: | 2024-11-13 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

It's her most important money advice for all investing newcomers — including her own children, Friedman told CNBC Make It on Tuesday while speaking at the Fortune Global Forum 2024. "Learn by doing — with small amounts of money, or even on platforms where you don't actually have to use real money," said Friedman. The earlier you can start investing, the better, added Barclays CEO C.S. 'They should start young from that first paycheck, have a really long term view, and the equity markets are a really important part of that." Later in life, you'll thank yourself for starting early, said Friedman: "[Investing] is a foundational element of wealth creation in this country."

Persons: millennials, Gen, Adena Friedman, Friedman, Gen Zers, Roth, Douglas Boneparth Organizations: Nasdaq, CNBC, Fortune, Young, Survey, Barclays, C.S, Global Locations: New York

A coalition of parents attempting to block a state law that would require that the Ten Commandments be displayed in public school classrooms by next year have won a legal battle in federal court. The judge wrote that the law is "facially unconstitutional" and "in all applications," barring Louisiana from enforcing it and adopting rules around it that require all public K-12 schools and colleges to exhibit posters of the Ten Commandments. We've shown that in our briefs by creating a number of posters," Murrill told reporters. The displays included historical context for the commandments that the state believes makes its law constitutional. When asked what he would tell parents concerned about having the Ten Commandments in public schools, Landry said in August: "Tell your child not to look at them."

Persons: John deGravelles, DeGravelles, Jan, Liz Murrill, Jeff Landry, —, nonreligious —, Steven Green, Murrill, We've, Landry, Moses, Martin Luther King Jr, Hamilton Organizations: U.S, District, Gov, GOP, — Jewish, Unitarian Universalist, American Civil Liberties Union, American Civil Liberties Union of, Americans United, and State, Religion Foundation, Willamette University, Supreme Locations: Louisiana, American Civil Liberties Union of Louisiana, Oregon, Murrill, Oklahoma

Three U.S. airlines have suspended flights to Haiti after a Spirit Airlines jet was struck by gunfire. Some see Rubio as one of the “less MAGA” options but is still someone “Trump’s base could trust,” a Trump ally said. Trump’s first Cabinet pick was Rep. Elise Stefanik of New York, to serve as ambassador to the United Nations. Hours later Trump announced his second Cabinet selection, former Rep. Lee Zeldin, to oversee the Environmental Protection Agency. The State Department is advising against travel to Haiti in the midst of violent political turmoil.

Persons: Donald Trump, Trump, Patrick T, Fallon, Donald Trump’s, Sen, Marco Rubio, Rubio, ”, Trump’s, Elise Stefanik, Lee Zeldin, Zeldin, Joe Biden’s, Stephen Miller, Miller, Mike Waltz, Ruben Gallego, Republican Kari Lake, ➡️ Trump, Christopher Wray, ➡️, —, MAGA, “, Kayla Smith, Jillaine St.Michel, Rebecca Vincen, Brown, Julie Lyons, Emily Corrigan, Jennifer Adkins, Richard Allen, Crews, Aaron Rodgers, Peter Guo, Calpak, Elizabeth Robinson Organizations: Spirit Airlines, Getty, United Nations, The, Republican Conference, Trump, Environmental Protection Agency, Trump’s Cabinet, Green Beret, Armed Services, Foreign Affairs, Intelligence, Democratic, Republican, Senate, State Department, JetBlue, New York City, American Airlines, The State Department, Women, Center for Reproductive, East, New York Jets, Riding Army, NBC, Walmart, Casper Locations: U.S, Haiti, AFP, Marco Rubio of Florida, New York, Israel, Gaza, Florida, Afghanistan, East, Africa, He’s, Arizona, Fort Lauderdale , Florida, Port, Prince, Dominican Republic, Miami, Idaho, Portland , Oregon, Ada County, Indiana, Delphi, West, New Jersey, California, China, Kaifeng, Asia

☆ Santa Monica mother urges officials to provide more security amid racist texts
▼ + stars: | 2024-11-12 | by ( Nbc Los Angeles | ) www.nbcnews.com time to read: +2 min

A racist text message was sent to thousands of Black individuals nationwide the day after the election. Among those who were targeted by the text were Black Santa Monica students. Ericka Lesley has been talking about the post-election racist text messages for five days now. Lesley is calling for increased security for Black children in Santa Monica schools. Neither Santa Monia Police nor SMMUSD indicated any plans to increase school security in light of the text messages.

Persons: Ericka Lesley, ”, Lesley, she’s, Black, ” Lesley, Antonio Shelton, NBC4, Erika Aklufi, Aklufi Organizations: Santa Monica, Santa Monica High School, Santa Monica College, Washington DC, FBI, Malibu Unified School, Santa Monica Police, Santa Monia Police Locations: Southern California, Southland, California, Kentucky, Florida, Washington, Santa Monica, Santa

☆ Bonds grab the wheel — plus, more activist news and a profit warning tied to tariffs
▼ + stars: | 2024-11-12 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

But it shows how the stock market begins to get a little skittish whenever bond yields surge like this. We've seen that dynamic rear its head from time to time during the rise in bond yields that began in September. 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, It's, Elliott, ValueAct, Stanley Black, Decker, Trump, Donald Trump, CyberArk, Jim Cramer's, Jim Organizations: CNBC, ., Morning, Elliott Management, Honeywell, Meta, Management, Mizuho Securities, Club, Spotify, Occidental Petroleum, Skyworks, Jim Cramer's Charitable Locations: Meta, China

☆ Stocks making the biggest moves premarket: Shopify, Home Depot, Live Nation Entertainment and more
▼ + stars: | 2024-11-12 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Live Nation Entertainment — Shares jumped 5% after the live music and entertainment company posted an earnings beat for the third quarter. Twilio — Shares moved 1.7% higher following an upgrade at Wells Fargo to overweight from equal weight. IAC — Shares rose 3% on news that IAC its weighing a spinoff of home improvement marketplace Angi. Shares rose more than 4% last week on the heels of the president-elect's victory. SentinelOne — Shares rose 1.6% after Deutsche Bank upgraded shares to buy from hold, saying the July outage related to CrowdStrike can help add to SentinelOne's momentum.

Persons: Elliott, Twilio, bitcoin, Robinhood, Microstrategy, Okta, — CNBC's Hakyung Kim, Michelle Fox, Lisa Han, Sarah Min, Jesse Pound Organizations: Honeywell —, Elliott Management, Honeywell, Aerospace, Automation, IAC, Trump Media & Technology, Deutsche Bank Locations: Wells

☆ OpenAI reportedly facing issues with its new AI model is a red flag for the entire industry
▼ + stars: | 2024-11-12 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +9 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt also undermines a core assumption about the future of generative AI: If you add more data and computing power, you get smarter and more powerful AI models. Top AI players have eye-popping valuations based on the promise that AI models will keep getting smarter and better with time. Getty Images; Chelsea Jia Feng/BISo what's holding AI models back from making another big jump? Anthony Scaramucci tells BI Trump's economic plans could cause a 1920s-style stock-market crash .

Persons: —, OpenAI's, Fabrice Beaulieu, Justin Sullivan, That's, Insider's Hasan Chowdhury, Beatrice Nolan, Orion, OpenAI, Chelsea Jia Feng, Anthony Scaramucci, Trump, Viktor Kovalchuk, Michael M, Robert Perry, Rebecca Zisser, what's, Donald Trump —, Morgan Stanley, Carta, Jed Finn, Goldman Sachs, Jeremy Siegel, Trump's, Jeff Bottari, Donald Trump, Joe Rogan, elect's, Elon Musk, Tesla's, Musk, Timo Lenzen, Juan Merchan, Donald Trump's, Jack Teixeira, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Orion, Getty, Companies, New York Times, Wall, Getty Images, Elon, BI, Trump Locations: GPT, undergrad, Mexico, New York, Ukraine, Massachusetts, Chicago, London

☆ This stock could be the new 'pick-and-shovel play' in the next wave of AI, Wells Fargo says
▼ + stars: | 2024-11-12 | by ( Pia Singh | In | ) www.cnbc.com time to read: +2 min

Twilio could be a standout name as software stocks bounce back heading into the end of the year, according to Wells Fargo. Analyst Michael Turrin upgraded San Francisco-based Twilio to overweight from equal weight and lifted his price target by 50%, or $40, to $120 from $80. That suggests 28% potential upside for the cloud-based communication software company, which has already gained nearly 24% year to date. Underlying Turrin's investment thesis is his belief that software vendors will lead the next phase of AI development. "We believe Twilio can serve as a pick-and-shovel play for the next wave of AI-native front office and communications-powered genAI applications," Turrin said, highlighting the company's integration with OpenAI's Realtime API that allows developers to build low latency speech to speech AI agents into applications.

Persons: Michael Turrin, Turrin Locations: Wells Fargo, San Francisco

☆ NFL Power Rankings Week 11: Chiefs back at No. 1, plus quarterback confidence rankings
▼ + stars: | 2024-11-12 | by ( Josh Kendall | ) www.nytimes.com time to read: +24 min

Buffalo Bills (8-2)Last week: 4Sunday: Beat Indianapolis Colts 30-20QB confidence rating: 8Josh Allen has scored 58 non-passing touchdowns since being drafted in 2018. ETAdvertisementLast week: 7Sunday: Beat Jacksonville Jaguars 12-7QB confidence rating: 5Sunday was the game the Sam Darnold skeptics have been waiting for. Tampa Bay Buccaneers (4-6)Last week: 13Sunday: Lost to San Francisco 49ers 23-20QB confidence rating: 7Baker Mayfield leads the NFL with 24 touchdown passes. Miami Dolphins (3-6)Last week: 27Monday: Beat Los Angeles Rams 23-15QB confidence rating: 6By the numbers, Tua Tagovailoa is playing great. Jacksonville Jaguars (2-8)Last week: 30Sunday: Lost to Minnesota Vikings 12-7QB confidence rating: 4The good news from Sunday?

Persons: It’s, Russell Wilson, That’s, Patrick Mahomes, He’s, there’s, Jared Goff, Goff, can’t, Jake Bates, Lamar Jackson’s, Jackson, Jim Brown, Johnny Unitas, Brett Favre, Peyton Manning, Tom Brady, Aaron Rodgers, Rodgers, Josh Allen, he’s, Justin Fields, George Pickens, Jordan, Sam Darnold, Darnold, McCarthy, Jayden Daniels, Daniels, Lamar Jackson, Mike Tomlin, That’s Mr, We’ll, Justin Herbert’s, evaluator’s, Herbert, Jim Harbaugh, Kyler Murray, Murray, ike, ince, asser, ating, J ake M, eason, enver, roncos,, hird, amar, ike E, enver B roncos, assing, eno, lear, aron R odgers, odgers, ards,, rey, hart, esmond R idder, aints, m., m. E Organizations: of Famer, EPA, TruMedia, Beat Denver Broncos, Chiefs, Buffalo Bills, Beat Houston Texans, Texans, Jacksonville Jaguars, Lions, Beat Cincinnati Bengals, Lamar, NFL, Pittsburgh Steelers, Beat Indianapolis, That’s, Bills, Kansas City Chiefs, Beat Dallas Cowboys, Eagles, Cowboys, Washington, Steelers, Baltimore Ravens, Green, Chicago Bears, Beat Jacksonville Jaguars, Jacksonville, Tennessee Titans, Philadelphia Eagles, Beat Tennessee Titans, Chargers, Cincinnati Bengals, Beat New York Jets, Jets, ust, eads, ards, FC, aker, ams, ets Locations: Dallas, Pittsburgh, Carita, ards, alton

☆ Likely narrow GOP House majority could put Trump's tax cuts in jeopardy, says Raymond James
▼ + stars: | 2024-11-12 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +2 min

"In 2025, Trump's influence on Congressional Republicans will be stronger but his margin in the House will be in the single digits (down from 47 in 2017). … The narrow House majority will complicate the passage of any tax bill in 2025," he said. Mills said the GOP is expected to use the budget reconciliation process to pass any of President-elect Trump's tax proposals. That measure, known as the Tax Cuts and Jobs Act , ultimately passed and went into effect in 2018. Wolfe Research analyst Tobin Marcus also thinks passing a tax bill is a "complex challenge" with such narrow majorities across the House and the Senate.

Persons: Raymond James, Donald Trump, Ed Mills, Mills, Trump's, Tobin Marcus, Marcus Organizations: Democrats, NBC News, Republican Party, Congressional, GOP, Republicans, Act, IRA, Wolfe Research, Senate Locations: Washington

☆ Startups are ready to thrive under Trump, but some uncertainty remains in a key corner of the space
▼ + stars: | 2024-11-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . What's on deck:Markets: The Wall Streeters advising Trump's transition team on key economic appointments . But regulators launched investigations and filed lawsuits against Big Tech during Trump's first term. News briefTop headlinesAdvertisement3 things in marketsChip Somodevilla/Getty Images; Getty; Rebecca Zisser/BIWho Trump is turning to on Wall Street for advice.

Persons: —, Drew Brees, Donald Trump's, Elon, Jenny Chang, Rodriguez, Donald Trump, Elon Musk, Trump, Samantha Stokes, Riddhi Kanetkar, Helen Li, Biden, Lina Khan's, Money, Chip Somodevilla, Meta's Mark Zuckerberg, JD Vance, Khan, Zuckerberg, Amazon's Jeff Bezos, OpenAI's Sam Altman, Somodevilla, Rebecca Zisser, Cantor Fitzgerald, Howard Lutnick, Marc Rowan, Blackstone, Steve Schwarzman, Charles Schwab, Herb Sutter, Ken Griffin's, Sutter, he's, Jordan Strauss, Elon Musk's, Reddit, Lebaredian, Chelsea Jia Feng, Kamala Harris, it's, Dan DeFrancesco, Grace Lett, Hallam Bullock, Ella Hopkins, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Super Bowl, Tech, Trump, Microsoft, Nvidia, Big Tech, Wall, Citadel Securities, White, BI, Google, Veterans, World Meteorological Organization Locations: States, Anthropic, Reddit's, New York City, State, Azerbaijan, New York, Chicago, London

☆ Mattel pulls thousands of 'Wicked' dolls off shelves after printing adult website on packaging
▼ + stars: | 2024-11-11 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

Instead of listing the website for Universal's "Wicked" movie, boxes featured a link to a pornographic website for a group called Wicked Pictures. "Mattel was made aware of a misprint on the packaging of the Mattel Wicked collection dolls, primarily sold in the U.S., which intended to direct consumers to the official WickedMovie.com landing page," Mattel said in a statement. Consumers who already have the product are advised to discard the product packaging or obscure the link and may contact Mattel Customer Service for further information." Target , Walmart and Amazon had removed the line of "Wicked" dolls from their online storefronts as of midday Monday, as had Best Buy , Barnes & Noble and Macy's . The mishap comes as Universal floods retail shelves with "Wicked"-related product ahead of the film's Nov. 22 release.

Persons: Mattel, Noble, James Zahn, —, Jaime Katz, Zahn, NBCUniversal Organizations: Wicked Pictures, Mattel, Consumers, Service, Walmart, Amazon, Barnes, Universal, Morningstar, eBay, Facebook, Comcast, CNBC Locations: U.S, Target, NBCUniversal

☆ Megacap tech stocks make some room — here is where investors are branching out
▼ + stars: | 2024-11-11 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

With the S & P 500 trading around record highs and hanging around 6,000, one Wall Street firm revised its year-end S & P 500 price target, expecting more gains before the end of the year. We use the S & P 500 Short Range Oscillator as our guide to when the market is overbought or oversold. 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, Dow, Donald Trump administration's, Morgan Stanley, Wells Fargo, Eaton, Trump's, Oppenheimer, Wells, Tyson, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Apple, Nvidia, Microsoft, Honeywell, BlackRock, Tyson Foods, AstraZeneca, Club, Disney, Jim Cramer's Charitable Locations: Dover, Wells Fargo

☆ The coming reign of the only child
▼ + stars: | 2024-11-11 | by ( Ann Friedman | ) www.businessinsider.com time to read: +16 min

American women are having kids later in life, leaving less time to bear multiple children. American women in general are having children later, but the delay is most pronounced among the most educated. Even religious conservatives, who are biblically motivated to be fruitful and multiply, are starting families later and more often having only one child. So what will the coming reign of the only child mean for America? Just as having children is no longer seen as a required stage of adulthood, having siblings will no longer be a de facto part of childhood.

Persons: Hallie Parker, —, Parker, Harry Potter, Harriet, Dennis, Menace, They're untethered, Drew Barrymore, Woods, Kanye, Zers, we've, it's, Granville Stanley Hall, Spock, Hall, Toni Falbo —, Thomas Edison, Jack Welch, Carl Icahn —, Rebecca Zisser, It's, Anastasia Berg, What's, isn't, Berg, Corinne Lyons, wasn't, fiancé, Lyons, China's, Onlies, they'll, iStock, they're, Paul Ehrlich, Anne, Bill McKibben, Elon Musk, JD Vance, Rainer Turim, Ann Friedman Organizations: National Council, Family Relations, Granville, Harvard, Hall, Detroit, Alpha Kappa Alpha Locations: America, Sweden, France, China, Stanford, Vietnam, India, Manhattan, Los Angeles

☆ These 'Trump trades' are on a roll and analysts see more gains ahead
▼ + stars: | 2024-11-10 | by ( Sean Conlon | ) www.cnbc.com time to read: +5 min

Since Trump's win, the market has already seen some major gains. Those sectors in particular had several winners in the rally following Trump's 2016 win , and analysts believe gains may likewise be in store this time around – especially for energy. Defense stocks could also see some gains, according to Barclays analyst David Strauss. That would be above the 14.2% rally the stock saw after Trump's first win from Nov. 7, 2016, until year's end. Among the 15 analysts covering it, 11 have a hold rating, while only two have a strong buy or buy rating.

Persons: Donald Trump's, Wells, Roger Read, David Strauss, Trump, Chris Caso, Trump's, Huntington Ingalls, it's Organizations: Dow Jones Industrial, Energy, Trump, Defense, Barclays, Semiconductor, Wolfe Research, CNBC Pro, ConocoPhillips Locations: industrials, China, Texas

☆ Piper Sandler says Trump will usher in a wave of mainstream crypto adoption — so buy these stocks
▼ + stars: | 2024-11-09 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

"Its monetized crypto offering is significantly more robust than traditional retail brokerage peers, with over 15 tokens available to trade," the analyst wrote of Robinhood. Still, Moley's $30 price target on Robinhood is only a fraction above where the stock closed Thursday. Moley's $250 price target implies that CME stock could add another 13% over the next 12 months. Moley's $35 price target is nearly 5% higher than where the stock closed on Thursday. Shares of Cboe have added 12% this year, trailing the broader market, and Moley's $220 price target implies an additional 9% upside.

Persons: Trump, Piper Sandler, Cryptocurrency, bitcoin, Patrick Moley, Moley, HOOD Organizations: CME Group, CME, BTC, ETH, Virtu, Derivatives, Clearing Locations: U.S

☆ Democrats learned the wrong lessons from the last midterms: From the Politics Desk
▼ + stars: | 2024-11-08 | by ( The Politics Desk | ) www.nbcnews.com time to read: +12 min

In today’s edition, chief political analyst Chuck Todd explains why the results of the 2022 midterm elections were a mirage for the Democrats . Democrats did well in the 2022 midterms despite Biden, not because of him or his pro-democracy messaging. But Democrats managed to hold onto Senate seats in two states Trump carried, Michigan and Wisconsin. In the House, Republicans had a 212-201 lead, with 22 races yet to be called as of Friday afternoon. Read more →Trump won Nevada, NBC News projects — the first time a Republican presidential candidate has done so since 2004.

Persons: Chuck Todd, Kristen Welker, Donald Trump, Adam Edelman, Bill Clinton, Barack Obama, Joe Biden, Kamala Harris, Clinton, Obama, Biden, ’ “, Court’s Dobbs, Dobbs, Trump, Chuck →, “, …, It’s, ” Trump, ”, I’m, ‘, We’re, Donald Trump’s, Gavin Newsom, JB Pritzker, Illinoisans, Kathy Hochul, Read, abi Organizations: NBC, White House, Capitol, Democratic, GOP, Democrats, Trump, Black, Asian, Senate, Republicans, NBC News, Nevada Senate, House, Gov, ”, New York Gov, Initiative Locations: Pennsylvania, Georgia, Arizona , Nevada , Michigan, Wisconsin, West Virginia , Montana and Ohio, Michigan, Arizona , Pennsylvania, Nevada, South America, In California, California, ” Illinois

☆ Stocks making the biggest moves premarket: Pinterest, Monster Beverage, Bath & Body Works, Trump Media & more
▼ + stars: | 2024-11-08 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Trump Media & Technology Group — Shares of President-elect Donald Trump's media company fell another 4.6% in premarket trading following a 23% plunge in the previous session. The company saw $162 million in revenue, topping the consensus expectation for $150 million. Analysts polled by FactSet penciled in 43 cents in earnings per share and $1.91 billion in revenue. Affirm lost an adjusted 31 cents per share, narrower than the consensus forecast of 35 cents, according to LSEG. Bath & Body Works — The fragrance retailer slid 2.7% in the wake of a Barclays downgrade to underweight from equal weight.

Persons: Donald Trump's, platform's, DraftKings, Sweetgreen, LSEG, Toast, StreetAccount penciling, Versace, Michael Kors, FactSet, BioNTech, Goldman Sachs, Goldman, — CNBC's Sean Conlon, Yun Li, Pia Singh, Samantha Subin Organizations: Trump Media & Technology, LSEG, Arista Networks, Arista, Capri Holdings, Capri, Beverage, Revenue, Barclays Locations: LSEG, BioNTech —

☆ The air freight industry is on high alert after fires at DHL warehouses were linked to Russian sabotage operations
▼ + stars: | 2024-11-08 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +6 min

Fires at DHL warehouses this year may have been part of Russian sabotage operations, officials have said. AdvertisementSuspected Russian sabotage activities targeting the air freight industry have been on the rise this year, and the industry is preparing for further action. Speaking a few months after the DHL fires, the chief of the UK's MI6 intelligence service, Richard Moore, said he believed Russian intelligence services had "gone a bit feral." AdvertisementKremlin Spokesman Dmitry Peskov has denied Russia's involvement in sabotage operations in Europe. The Federal Office for the Protection of the Constitution, Germany's domestic intelligence services, and the BND declined to comment further.

Persons: —, Brandon Fried, Fried, Thomas Haldenwang, Haldenwang, Frank Umbach, Umbach, Richard Moore, Shashank Joshi, Joshi, Dmitry Peskov, KIRILL KUDRYAVTSEV, Keir Giles, Giles, that's Organizations: DHL, Service, Airforwarders Association, Street Journal, Financial, Energy, Security, University of Bonn, Rheinmetall, Royal United Services Institute, NATO, Military Counterintelligence Service, Federal Office, Getty Images, Chatham House's, Eurasia Program Locations: Europe, Russia, Moscow, Germany, America, Leipzig, Birmingham, Lithuania, North America, Russian, Ukraine, AFP, Chatham House's Russia

☆ These are the most overbought stocks after Trump's win this week
▼ + stars: | 2024-11-08 | by ( Pia Singh | In | ) www.cnbc.com time to read: +4 min

Several software companies could be due for a pullback after the stock market's roaring rally this week, fueled by president-elect Donald Trump's election victory as well as robust quarterly earnings reports. Shares of video game makers Take-Two Interactive Software and Electronic Arts are two of the stocks that are technically overbought right now, according to the analysis. The most overbought stock this week was human capital management software company Dayforce, with an RSI of 92.4. But higher prices and expectations of normalizing pricing, which helped Coke guide its organic revenue growth this year to the high end of a prior forecast, could lead the stocks higher. Other oversold stocks include power generation company AES , as well as radio frequency equipment maker Qorvo and Regeneron Pharmaceuticals — the latter two of which were also oversold the previous week.

Persons: Donald Trump's, Trump, Morgan Stanley, Mills, Dr Pepper Organizations: Major, Dow Jones, Nasdaq, CNBC Pro, Companies, Electronic Arts, Software, Gilead Sciences, AES, Regeneron Pharmaceuticals Locations: Major U.S, Gilead

☆ Prince William said it's been the 'hardest year' of his life. It marks a shift for the royal family's image.
▼ + stars: | 2024-11-08 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +6 min

William's openness marks a shift from the royal family's traditional PR approach. AdvertisementPrince William this week opened up about his "brutal" year amid King Charles and Kate Middleton's respective cancer diagnoses. By all accounts, it has been another difficult year for the Royal Family. The royal family wasn't initially as forthcoming about the Princess of Wales' cancer diagnosis. Kate Middleton and Prince William attended King Charles' coronation day in May 2023.

Persons: Prince William, —, William, King Charles, Kate Middleton's, it's, Queen Elizabeth II's, Robert Hardman, Richard Fitzwilliams, It's, Fitzwilliams, Elizabeth II, Queen Elizabeth II, Charles , Prince Andrew, Princess Anne, Buckingham, Charles, Rishi Sunak, he'd, wasn't, Princess, Wales, Kate Middleton, Max Mumby, Kate, Elizabeth, Gyles Brandreth, Chris Jackson, William's, Jack Johnson, Jane Owen, Russell Myers, Lorraine, Myers, Owen Organizations: Service, Queen, British, relatability, Sunday Times, National Health Service, Getty Images, REUTERS, ITV, Business Locations: Cape Town, Windsor, Buckingham, king's Duchy, Lancaster, William's Duchy, Cornwall, Kensington

Generative AI wasn't part of the lexicon for most of us during President-elect Donald Trump 's first four years in the White House. At a high level, generative AI is a cutting-edge form of technology that will shape the next decade and beyond. While the AI field has been around for decades, generative AI applications can create new content, including computer code, human-like text and images, in response to user prompts. Those that lead in generative AI will very likely shape the world as we know it. With 5G, Trump didn't just hope the U.S. could just fun faster than everyone else.

Persons: Donald Trump, ChatGPT, Kamala Harris, Trump, Elon Musk, OpenAI, JD Vance, Vance, Joe Biden's, Trump's, OpenAI's Sam Altman, Alphabet's Sundar Pichai, Jim Cramer, it's, Jim, they're, Jim Cramer's, Callaghan Organizations: Trump, Billionaire, Republican, Big Tech, Republican Party's, GOP, 5G, Mobile, Sprint, Verizon, Nvidia, Microsoft, Huawei, Biden, Deutsche Bank, South China, Taiwan Semiconductor Manufacturing, Apple, Washington, Intel, Eaton, Trust, CNBC, Convention Center, Callaghan O'hare Locations: Ohio, U.S, United States, America, We've, China, Taiwan, South, Beijing, Palm Beach, West Palm Beach , Florida

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