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That's sure to result in increased volatility for the companies in our portfolio exposed to China, the world's second-largest economy. Consumer-dependent stocks Apple and Starbucks may be the most at risk given they are more discretionary versus the aforementioned names. At the Club, Jim has bestowed his "own it, don't trade it" designation on only those two stocks, Apple and Nvidia. AAPL YTD mountain Apple YTD Furthermore, while China growth may be tempered, Apple is aggressively looking to grow its presence in India — both on the consumer side and product manufacturing side of its business. Bottom line The risks for companies that do business in China have certainly increased following Trump's presidential election win.
Persons: Donald Trump, Jim Cramer, Joe Biden, Jensen Huang, Leonardo da Vinci, Lisa Su, Su, Tim Cook, Trump, Jim, China —, Brian Niccol, Niccol, we're, Jim Cramer's, Xi Jinping, Kevin Lemarque Organizations: Devices, Nvidia, GE Healthcare, Apple, AMD, Trump, Club, Bloomberg, U.S, Starbucks, Yum Brands, China, Taco Bell, Chipotle, Jim Cramer's Charitable, CNBC Locations: we're, China, U.S, India, Vietnam, Osaka, Japan
I left my family, friends, and home state of Minnesota and moved abroad to the UK in 2016 in the name of love. My now ex-husband was British, and I'd finally been granted a spouse visa to live with him shortly after we eloped. Between my original spouse visa, which I obtained in 2016, and my spouse visa renewal in 2019, I spent about $6,300 today. AdvertisementSince I've been divorced, I've rebuilt my life, embarked on a new career, and even moved abroad twice more — to Australia and, most recently, New Zealand. If I hadn't moved abroad to the UK for love, it wouldn't have shown me how strong I really am.
Persons: I'd, , I've Locations: Minnesota, British, Australia, New Zealand
AdvertisementDon Saladino, a personal trainer to celebrities, said he's in the best shape of his life at 47. His training regime includes strength and interval training, and hockey. If he can fit a fifth lifting day into his week, Saladino does accessory movements such as arm exercises and ab interval work. AdvertisementPlaying hockey for funDon Saladino (second from left) plays hockey twice a week. Lars Niki/Getty ImagesSaladino plays hockey twice a week, often at 6:30 a.m., he said.
Persons: Don Saladino, he's, Saladino, Ryan Reynolds, Blake Lively, Sebastian Stan, Anne Hathaway, Lars Niki Organizations: Navy, Research Locations: New York
This weekend brings a high-stakes game to Atlanta, and we'll make sure you know where to watch Tennessee vs. Georgia at home. What channel is Tennessee vs. Georgia on? Tennessee vs. Georgia airs on ABC in the US. Where to watch Tennessee vs. Georgia in the USThere are a few live streaming options for those without access to ABC through traditional cable or antenna means. Check price at ExpressVPNHow to watch Tennessee vs. Georgia with a VPNSign up for a VPN if you don't have one.
Persons: They're, we've, There's, It's, ExpressVPN Organizations: Business, FBS, Atlanta, Tennessee, Ole Miss, Georgia, Bulldogs, SEC, College Football, ABC, ESPN Plus, ESPN, MLB, NHL, NFL, UFC, Hulu, Disney Plus, ESPN ESPN, DirecTV, Subscribers, DirecTV Stream, College Locations: Georgia, Tennessee
AdvertisementDaniel Chung, 36, decided to leave his six-figure corporate banking job in 2019. After leaving corporate in 2019, I decided to pursue a career in acquiring restaurants and found my business partner. In early 2024, I realized that if I posted my videos on YouTube or TikTok, I might make some extra money. I started posting one or two cooking videos daily across Instagram, TikTok, YouTube, and Facebook. AdvertisementI used to work in corporate banking, but now I work as an influencer.
Persons: Daniel Chung, I've, Instagram Organizations: YouTube, Facebook Locations: Instagram
“We know they can do it.”More than 300,000 women served tours of duty in Iraq and Afghanistan, Manning said. More than 9,000 women received Army Combat Action Badges for “actively engaging or being engaged by the enemy,” according to a 2015 report by the nonpartisan Congressional Research Service. Two were given a Silver Star, the third-highest military combat decoration, for “gallantry in action,” the report said. Manning said another 383 women were awarded a Purple Heart — the nation’s oldest military award, which recognizes sacrifice and heroism. “To cast this wide net and say women shouldn’t serve in combat — well, guess what?
Persons: Pete Hegseth, Donald Trump’s, , hasn’t, ” Hegseth, Shawn Ryan, Ben Shapiro, “ I’m, Ash Carter, Shapiro, “ shouldn’t, Lory Manning, Manning, , Allison Jaslow, Jaslow, ” Jaslow, Trump, Hegseth, Steven Cheung, Trump’s, Sen, Tammy Duckworth, ” Duckworth, Raquel Durden, shouldn’t Organizations: U.S, Army, NBC News, Fox News, Pentagon, Army Rangers, Green Berets, Navy, Marine Corps, Air Force, , Defense Department, Service, Congressional Research Service, Star, Afghanistan Veterans, Army’s Ranger, Republican, Army National Guard, CNN Locations: U.S, America, Iraq, Afghanistan, California, Guantánamo Bay, Cuba
"I don't believe in the word 'legacy.' I think that's another word for ego. I'm gonna die and it's gonna be over. "So I'm gonna die. Tyson, 58, is set to take on fighter and YouTube personality Jake Paul in a bout that'll be streamed on Netflix on Friday night.
Persons: Mike Tyson, Tyson, Jake Paul, Jazlyn Guerra, That's, I'm, Mike, We're, Tyson wouldn't Organizations: Netflix
President-elect Donald Trump said Thursday he will nominate Todd Blanche, one of his criminal defense lawyers, to be deputy attorney general. The statement noted that Blanche has experience working for the Justice Department — something former Rep. Matt Gaetz, R-Fla., Trump's choice for attorney general, does not have. Blanche was Trump's lead lawyer when he stood trial on charges of falsifying business records related to a hush money payment this year. If Blanche's nomination is confirmed before Gaetz's, he could serve as acting attorney general while Gaetz goes through the process. He will also nominate D. John Sauer, who argued Trump's successful immunity case before the Supreme Court, for solicitor general.
Persons: Donald Trump, Todd Blanche, Todd, Trump, Blanche, Justice Department —, Matt Gaetz, Trump's, Juan Merchan, Aileen Cannon, Jack Smith's, Smith ., Tanya Chutkan, Gaetz's, Gaetz, Emil Bove, Emil, John Sauer, John, Antonin Scalia, Sauer's Organizations: Justice Department, Justice, of New York United, of New York United States Attorney’s, Trump, State, Manhattan, White House, U.S, Smith . U.S, Senate, National Security Unit, United States Supreme, Supreme, MAGA Locations: Southern, of New York United States, ., Florida, Missouri
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim said he was nervous about Best Buy , the electronics retailer expected to benefit from the refresh AI-powered PC cycle. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Jim, Trump, we're, Nextracker, Stocks, Berkshire Hathaway, Jim Cramer's, BBY Organizations: CNBC, Trump, Berkshire Locations: China, U.S, Alibaba
When asked how they racked up so much debt, the couple mentioned emergencies like a flood, a car accident and other unexpected costs. They could feasibly tap their savings and investments to wipe out their credit card debt almost immediately. Yet they also owe $40,000 in credit card debt, they told self-made millionaire and money expert Ramit Sethi on a recent episode of his "Money for Couples" podcast. Even high earners can find themselves under a mountain of credit card debt if they let their spending go unchecked. Then, they can institute a standard operating procedure with rules, such as putting cash windfalls toward their credit card debt or discussing purchases over a certain price.
Persons: Sethi, Megan, Ramit Sethi, Jason, You've, Jason wasn't, it's Organizations: Formula, CNBC
CNN —It’s tough, tough times for some NFL fanbases as we enter Week 11 of the season. All of them had high hopes for this season but it has certainly not worked out that way. Ed Zurga/APThe Chiefs are 9-0 this season but could have easily lost to the Ravens, Bengals, Falcons and Broncos. Now or never for the JetsIt’s been a theme for weeks, but this Sunday’s game is an absolute must-win for the New York Jets. Jackson has been the AFC offensive player of the week for three weeks straight and his numbers are eye-popping.
Persons: CNN —, Allen, Patrick Mahomes, Josh Allen, Buffalo . Allen, Mahomes, Ed Zurga, Caleb Williams, Shane Waldon, Mike Dinovo, Thomas Brown –, , Brown, Tory Taylor, Williams, Kyler Murray, Joe Camporeale, Anthony Richardson, benching, Joe Flacco, Aaron Rodgers, Jayne Kamin, Jim Harbaugh, Quarterback Justin Herbert hasn’t, Herbert, Joe Burrow, Burrow, Jackson’s, Jackson, Kevin Sabitus, Lamar Jackson, He’s, , ” Jackson, he’s, weren’t, it’s, Organizations: CNN, NFL, The Cowboys, Jets, Browns, Kansas City Chiefs, Bills, Chiefs, Ravens, Bengals, Falcons, Broncos, Denver, OC, The Chicago Bears, USA, Sports, Reuters, Carolina Panthers, Bears, Carolina, Green Bay Packers, Green, New York Jets, Arizona Cardinals, Cardinals, Colts, Chargers, Tennessee Titans, Los Angeles Chargers, Quarterback, Football, Cincinnati Bengals, Baltimore Ravens, AFC, Pittsburgh Steelers, NFC, Steelers, Locations: Buffalo ., Chicago, Williams, New York, Arizona
Not really, but Balsam Hill makes the closest I've seen. It weighs 4 ounces and seemed to depress the Balsam Hill tree's branches more than other trees I tested, like the one from Puleo International. But it's the most realistic artificial tree I've seen. AdvertisementThe bottom lineFor an artificial tree, the Balsam Hill Fraser Fir manages to be convincingly real when lit. $899.99 from Balsam Hill Originally $1,299.99 Save 31%AdvertisementMore Balsam Hill trees to consider
Persons: Jenny McGrath, Fraser, It's, you've Organizations: Business, Black, Puleo Locations: Balsam Hills, Balsam, Fir
“I was completely stunned when he mentioned violence so bluntly,” said the 32-year-old, who was born and raised in China. In Britain, “Cafe Scientifique,” a laid-back science debate forum, kicked off in 1998 and “Pint of Science,” a three-day science festival, launched in May 2013. Unlike Western universities, which generally welcome the public, most Chinese campuses remain fenced off, keeping their academic resources exclusive to students, faculty and authorized personnel. Nationalist voices online have also grown into a powerful unofficial force policing speech across Chinese social media. Liang, who deemed the state-building talk “bold,” said he loves these academic pub sessions but suspects they will eventually face restriction.
Persons: Hong Kong CNN —, Liang Xiao, urbanites, Liang, , , Lei Ya, Cinnamon Wu, Wu, Jerry Zhang, “ It’s, ” Wu, Zhang, Jerry Zhang Elephant, China’s, They’ve, Lei, Kang Siqin, Kang, ” Kang Organizations: Hong Kong CNN, American, Guangzhou –, Harvard University, CNN, ” University, Communist Party, Chinese University of Hong Locations: Hong Kong, Shanghai, China, , China’s, Beijing, Guangzhou, West, Britain, , Chinese University of Hong Kong, Shenzhen
If this year's closures are any indication — and if the economy worsens — they won't be alone. 2025 is still more than a month away, but it's already shaping up to be another rocky year for retail. Analysts at UBS project the total number of US retail closures could reach 45,000 over the next five years. For one thing, even healthy retailers like Walmart and Target periodically review and trim their store fleets in the normal course of business. In any event, the year hasn't even begun, but nearly 1,500 retail closures are slated — already roughly half the amount BI has tracked for full-year totals in recent years.
Persons: , Topping, Shane O'Kelly, Donald Trump's Organizations: Parts, Walgreens, UBS, Coresight Research, Walmart, Target, Blockbuster
Markets sink: Stocks are taking it on the chin Friday, capping off a week in which the S & P 500 fell about 2%. Bright spots : The two best-performing S & P 500 sectors this week are financials and energy. Health care was far and away the worst-performing group in the S & P 500. Next week: There's 11 companies in the S & P 500 reporting next week. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
Persons: Jim Cramer, There's, Donald Trump's, Jerome Powell, Trump, , Morgan Stanley, Wells Fargo, Robert F, Kennedy Jr, Eli Lilly, we'll, Stanley Black, Decker, Jim Cramer's, Jim Organizations: CNBC, Traders, – BlackRock, Energy, Coterra Energy, Disney, Department of Health, Human Services, pharma, Nvidia, Walmart, Viking Holdings, TJX Companies, Palo Alto Networks, Target, Williams, Club, BJ's, Ross Stores, Baidu, PDD Holdings, GE Healthcare, Jim Cramer's Charitable Locations: Wells Fargo, Sonoma, Snowflake, Palo Alto
If implemented, Americans could see prices rise across several product categories. AdvertisementBased on analyses from economists and trade experts, here are the goods that could become more expensive for Americans under Trump's tariff proposals. AdvertisementSome retailers have already announced preparations to increase prices should Trump's tariff plans go into effect. AdvertisementGold said it's unlikely Trump's tariffs would go into effect on day one or day two, and "it's tough to say right now at what point consumers would feel the impact." AdvertisementA report from centrist think tank ThirdWay said that Trump's tariff proposals analyzed eight common purchases that the US either heavily imports or is unable to produce domestically.
Persons: Donald Trump, Trump, , Mary Lovely, Lovely, There's, Joe Biden, Jonathan Gold, it's, Karoline Leavitt, Tim Boyle, Gold, Philip Daniele, Daniele, Shinji Aoyama, Henrik Elm, Elm, Taylor Rogers Organizations: Trade, Service, Peterson Institute for International Economics, Trump, Consumers, National Retail Federation, Retailers, Bank of America, Columbia, Washington Post, Electronics, Consumer Technology Association, CTA, Honda, General Motors, Ford, Inter Ikea —, Ikea, Reuters, NPR, International Trade Commission, Republican National Committee Locations: China, Mexico, Europe
In April 2021, he was on a roll following a stunning introduction to life in the premier class of bike racing. Fresh from a pole position and a third place in only his second ever MotoGP race, Martin arrived at the third round of the championship in Portugal believing the world was at his feet. “When I arrived in MotoGP in 2021, I started too good, let’s say,” Martin tells CNN, smiling. Prima Pramac RacingA month later, however, Martin was back on a bike and has steadily improved ever since. Jorge Martin has had three race wins this MotoGP season.
Persons: gasping, Jorge Martin, Pecco, Martin, ” Martin, , Prima Pramac, , , , Pramac, Ducati’s, it’s, , I’m, Mat Oxley, “ Jorge, ” Oxley, Jorge, That’s, Bagnaia, ” Martin’s, Angel Martin, Susana Almoguera, Jonathan Hawkins, he’s, Valencia Martin Organizations: CNN, MotoGP, Qatar, Prima Pramac Ducati, Prima, Red Bull, Twitter, Solidarity, Aprilia Locations: Portugal, Portimão, , Barcelona, Spain, Valencia, Malaysia, Valencia …
Lashaunda Spurlock Tabitha CaudellThe 42-year-old has a learning disability and lives with her mom, Nellie Fletcher, in Society Hill, South Carolina. Dateline spoke with Lashaunda’s younger sister, Tabitha Caudell, who lives in Charlotte, North Carolina. According to Tabitha, Lashaunda lived a relatively independent life despite her learning disability, and would frequently leave the house on her own to go meet up with friends. “He said it looked like there might have been two Asian-descent males that was in the car,” Scott added. “Every lead that we have, we follow up on.”Lashaunda and her family Tabitha CaudellTabitha remembers the gut-wrenching moment her mother told her Lashaunda was missing.
Persons: Lashaunda Spurlock’s, Lashaunda Spurlock Tabitha Caudell, Nellie Fletcher, Lashaunda’s, Tabitha Caudell, Tabitha, Lashaunda, ” Tabitha, , ” Nellie, hasn’t, ” Lashaunda Spurlock Tabitha Caudell, Daniel Scott of, he’d, ” Scott, Scott, , Captain Scott, we’re, ” Lashaunda, Tabitha Caudell Tabitha, ‘ She’s, , it’s, ” Lashaunda Spurlock Tabitha Caudell Lashaunda, Pee Dee, Stoppers Organizations: Sheriff’s, Cheraw Police Department, Social, Lashaunda, Chesterfield Locations: Society Hill, South Carolina, Charlotte , North Carolina, Chesterfield, Lashaunda’s, American
Acclaimed director David Lynch started smoking at age 8 and now relies on supplemental oxygen for anything more strenuous than a walk across a room, he said in an interview to People, warning people of the dangers of smoking. He also said that he had officially quit smoking two years prior. Despite his current condition, Lynch told People he wouldn’t change a thing about including cigarettes so frequently in his work. "I saw the writing on the wall, and it said, 'You’re going to die in a week if you don’t stop,'" Lynch told People. While he admitted that his current state has been a "big price to pay," Lynch told People, "I don’t regret it.
Persons: David Lynch, Lynch, Organizations: Palm
Pete Hegseth, President-elect Donald Trump’s pick for secretary of defense, has said that he believes women should not serve in combat and that he wants to see the military purged of “woke” officials who support diversity, equity and inclusion initiatives. Neither Fox News nor Trump’s transition team immediately responded to requests for comment about Hegseth’s on-air remarks about the military. Hegseth was an Army National Guard infantry officer, serving tours in Afghanistan and Iraq and at Guantánamo Bay, Cuba. “I’m straight up just saying that we should not have women in combat roles,” Hegseth said on the podcast. “Who?” Sen. Bill Cassidy, R-La., said on Capitol Hill when he was asked Tuesday evening about Trump’s picking Hegseth.
Persons: Pete Hegseth, Donald Trump’s, , , Trump’s, Hegseth, Trump, Pete, Shawn Ryan, CQ Brown, ” Hegseth, hasn’t, Qassam, Edward Gallagher, “ They’re, Gallagher, Richard Spencer, Daniel Penny, Penny, Jeffrey Prosperie, ” Prosperie, Matt Gaetz, Sen, Marco Rubio, Democrat Tulsi Gabbard, I’m, he’s, Gretchen Carlson, Hegseth’s, Brian Kilmeade, ” Sen, Bill Cassidy, “ I’m, Mike Rounds Organizations: Fox News, Trump, “ Fox & Friends, Fox, Army National Guard, Defense Department, Joint Chiefs of Staff, Air Force, Pentagon, U.S, Navy SEAL, Marine, Associated Press, Democrat, Weekend Fox, Defense, Friends, Hegseth’s Fox News, Senate, Capitol Locations: America, Afghanistan, Iraq, Guantánamo Bay, Cuba, U.S, Iran, New York City, Marco Rubio of Florida
Britain's Finance Minister Rachel Reeves has pledged to make the "necessary", "urgent" and "incredibly tough" choices to restore the country's economic stability. Finance minister Rachel Reeves on Thursday promised a reboot of regulation governing Britain's "crown jewel" financial industry which she said has shackled the City's global prospects since the global financial crisis and stifled UK economic growth. That has gone too far and, in places, it has had unintended consequences which we must now address." The former Bank of England economist will propose five priority growth opportunities to maximize potential for growth in UK financial services, namely capital markets, fintech, sustainable finance, asset management and wholesale services, and insurance and reinsurance, the excerpts showed. She said the first Financial Services Growth and Competitiveness Strategy would be published in spring to serve as a roadmap for growth, cementing the sector's place at the heart of the government's 10-year Industrial Strategy.
Persons: Rachel Reeves, Reeves, Donald Trump's, Keir Starmer Organizations: Britain's, Bank of England, Financial
AdvertisementSome Disney insiders worry about the impact of a second Trump term on the company amid culture wars. Disney CEO Bob Iger and Donald Trump publicly sparred during Trump's first presidential term. During Trump's first term, Iger seemed to publicly align with his opposition. One person close to Disney speculated about whether the political climate would lead news outlets such as Disney's to self-censor. "The risk to these guys is, they have to tone down the rhetoric," the person close to Disney said.
Persons: Bob Iger, Donald Trump, Trump's, Iger, Trump, Harris, Puck, Elon Musk, Nelson Peltz, Dana Walden, Kamala Harris, Disney, I'm, irking Trump, Walden's Harris, He's Organizations: Disney, Trump, Business, ABC, Elon, CNBC, New York Post, ABC News, Warner Bros, Hulu, Sinclair Locations: Hollywood, Iger, Paris, Fox
Trump's transition team aims to kill Biden EV tax credit: Reuters
  + stars: | 2024-11-14 | by ( ) www.cnbc.com   time to read: +3 min
Win Mcnamee | Getty Images News | Getty ImagesPresident-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters. Ending the tax credit could have grave implications for an already stalling U.S. EV transition. Representatives with the Trump transition and Tesla did not immediately respond to requests for comment. The alliance last month in an Oct. 15 letter urged Congress to retain the EV tax credits, calling them "critical to cementing the U.S. as a global leader in the future of automotive technology and manufacturing." Trump's energy transition team views the consumer EV credit as an easy target, believing that eliminating it would get broad consensus in a Republican-controlled Congress as part of a larger tax-reform bill.
Persons: Joe Biden, Biden, Win Mcnamee, Donald Trump's, Tesla, Elon Musk, Joe Biden's, oilman Harold Hamm, Doug Burgum, Mary Barra, Ngan, Trump, Donald Trump, Allison Robbert Organizations: White, Washington , D.C, Getty, Reuters, Trump, EV, Motors, Continental Resources, North Dakota, General Motors, Chevrolet Silverado, Huntington Place Convention, Afp, Alliance, Automotive Innovation, Tesla, Republican, Republicans, Hyatt Locations: Washington ,, Detroit , Michigan, Florida, Washington , DC
CNN —When Elisa Smithers was deployed to Iraq in 2005, there was a ban on women serving in ground combat operations. But she returned home to find she wasn’t offered the same support by the US Department of Veterans Affairs that male combat veterans were offered, Smithers said. Women account for roughly 17.5% of the Defense Department’s active-duty force, according to 2022 data from the agency. Hegseth has specifically criticized having women in roles where strength “is the differentiator,” he said on the podcast last week. She also worries any course reversal on women serving in combat will have a sweeping impact on women serving in other government jobs.
Persons: Elisa Smithers, Smithers, wasn’t, Donald Trump, Pete Hegseth, , he’s, , Hegseth, , hasn’t, ” Hegseth, Shawn Ryan, ” Smithers, we’ll, Elizabeth Beggs, Let’s, ” Beggs, Beggs, who’ve, Lory Manning, “ I’m, , ” Manning, it’s, Manning, we’ve, Brandy Cottrill, Cox, “ It’s, ‘ That’s, Sen, Tammy Duckworth, Anna Moneymaker, Illinois Sen, Duckworth, MAGA, Wendy Coop, Wendy Coop Wendy Coop, ” Coop, Coop, don’t, that’s, she’s Organizations: CNN, National Guard, US Department of Veterans Affairs, Fox News, Army, Defense, Warriors, US Army, Army National Guard, Department of Veterans Affairs, Navy, Army Rangers, Army Special Forces, Marine, “ Seals, Rangers, Green Berets, Service, Action, American Civil Liberties Union, , National Center for Veterans Analysis, Combat, Veterans Families, US Coast Guard, US Army Special Operations Command, US National Guard, Capitol, US Navy, US Naval Academy Locations: Iraq, Afghanistan, Kuwait, Washington , DC, Illinois, St, Augustine , Florida
Edith Yeung, general partner at Race Capital, and Larry Aschebrook, founder and managing partner of G Squared, speak during a CNBC-moderated panel at Web Summit 2024 in Lisbon, Portugal. LISBON, Portugal — It's a tough time for the venture capital industry right now as a dearth of blockbuster initial public offerings and M&A activity has sucked liquidity from the market, while buzzy artificial intelligence startups dominate attention. And in the VC world, it's really all about liquidity stupid," Edith Yeung, general partner at Race Capital, an early-stage VC firm based in Silicon Valley, said in a CNBC-moderated panel earlier this week. When a VC makes an equity investment and the value of their stake increases, it's only a gain on paper. Yeung said the lack of IPOs over the last couple of years had created a "really tough" environment for venture capital.
Persons: Edith Yeung, Larry Aschebrook, G, Portugal —, Groq —, Yeung, there's, Big Techs Organizations: Race Capital, CNBC, Summit, Microsoft Locations: Lisbon, Portugal, LISBON, U.S, Silicon Valley
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