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Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Meanwhile, HSBC downgraded Morgan Stanley stock to a hold from buy Monday evening. 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, Donald Trump's, Jim, Stanley Black, Decker, Wells, Charlie Scharf's, Wells Fargo, Morgan Stanley, Jim Cramer's Organizations: CNBC, Nasdaq, Dow Jones, Trump, Wells, Reuters, Federal Reserve, HSBC, Morgan Locations: Canada, Mexico, China, U.S, Wells Fargo
According to the UNESCO study, 62% of surveyed creators said they don’t vet the accuracy of content before sharing it with their followers. The study comes in the wake of the 2024 US presidential election, in which social media influencers played a key role as an information source for voters. During the campaign, President-elect Donald Trump and Vice President Kamala Harris harnessed social media influencers and podcasters with millions of followers, including Joe Rogan and Alex Cooper, to appeal directly to voters. And a separate survey from Pew found that more than half of American adults “at least sometimes” get their news from social media. Online influencers generally do not rely on official sources of information, such as government-issued reports and documents, the UNESCO study found.
Persons: influencers, Donald Trump, Kamala Harris, Joe Rogan, Alex Cooper, , Pew, ” Zhang Zhaoyuan, Kassy Cho, Instagram, Influencer, Trump, Tim Pool, Benny Johnson, Dave Rubin —, Elon Musk’s, Musk Organizations: New, New York CNN, UNESCO, ” UNESCO, Pew Research Center, Tenet Media, Justice Department, YouTube, Google, Facebook Locations: New York, China, Springfield , Ohio, Russia, Social
Escaping the 'Perfection Trap'
  + stars: | 2024-11-26 | by ( Sponsored Ibm | ) www.businessinsider.com   time to read: +5 min
Many organizations experimenting with AI may find themselves stuck in a "perfection trap," reluctant to deploy anything less than 100% complete. This widespread hesitation to move forward can hinder AI progress — and very few organizations have moved beyond the experimentation phase. Roughly 80% of surveyed AI leaders report data-related challenges, including governance concerns. By avoiding the perfection trap, leaders can foster sustained innovation and maximize the value of their AI investments. Read the AI in Action 2024 report to learn more about how IBM can help you turn AI experiments into transformative solutions.
Persons: Winston Churchill, Cathy Reese, hesitancy, Reese Organizations: Public Data, Technology Service, IBM Consulting, IBM, Insider Studios
AdvertisementThreads is letting users choose a default feed, Mark Zuckerberg has said. Meta's move to compete with Bluesky's growth follows a wave of users leaving Elon Musk's X. With its recent rapid growth, Bluesky faces fresh challenges, including content moderation. Threads is stepping up its game by giving users the power to pick their default feed as it battles to keep pace with Bluesky's explosive growth. Droves of X users recently left the platform because of concerns over hate speech and misinformation.
Persons: Mark Zuckerberg, Meta's, Elon Musk's, Rose Wang, Platformer's Casey Newton, Bluesky, Aaron Rodericks, Adam Mosseri, Mosseri, Instagram, It's, Meta didn't Organizations: Elon Musk's, Elon, Bluesky, Meta, Business
Tuesday, November 26, 2024: Cramer outlines how investors should navigate the next few daysGo behind the scenes with Jim Cramer of the CNBC Investing Club as he talks candidly about the market's biggest headlines, analyst calls and holdings in the Charitable Trust—and see up close how his team decides when, and if, to take action on stocks.
Persons: Cramer, Jim Cramer Organizations: CNBC, Club, Trust
Eli Lilly shares soared Tuesday on a one-two punch of good news. The second positive development for Eli Lilly comes from Amgen , which reported mid-stage trial results for its experimental obesity treatment known as MariTide. Big picture The prospect of across-the-board coverage of obesity drugs for Medicare and Medicaid enrollees would be a financial win for Eli Lilly, particularly on the Medicare front. For its part, Eli Lilly has said regulators could expand Zepbound's label to cover obstructive sleep apnea by year-end. An Eli Lilly & Co. Zepbound injection pen arranged in the Brooklyn borough of New York, US, on Thursday, March 28, 2024.
Persons: Eli Lilly, Jim Cramer, Biden, Lilly, didn't, Wegovy, Zepbound, Biden administration's, Donald Trump, Wells, Robert F, Kennedy Jr, Trump, Kennedy —, Kennedy, Novo, Leerink, Eli Lilly's tirzepatide, Piper Sandler, tirzepatide, Piper, Jim, Amgen's, retatrutide, Jim Cramer's, Shelby Knowles Organizations: Novo Nordisk, Medicaid, NBC News, White, Medicare, Centers, Services, STOP, Alliance, Wells Fargo, of Health, Human Services, Food and Drug Administration, Senate, Biden, Club, CNBC, Bloomberg, Getty Locations: New York, Texas, Amgen, Lilly, Brooklyn
When COP29 President Mukhtar Babayev stepped to the podium at the closing meeting of the Baku climate summit on Sunday morning, hoping to clinch a hard-fought agreement on global climate finance, he carried with him two speeches. Expectations for a deal were depressed by worries of a looming U.S. withdrawal from global climate cooperation, geopolitical turmoil, and a rise of isolationist politics that had shunted climate change off much of the world’s top priorities list. An activist holds a globe balloon during a protest at the COP29 United Nations climate change conference, in Baku, Azerbaijan, on Nov. 21. That made getting a bigger climate finance number hard, observers to the talks said. “Even maintaining climate finance at current levels in the current political environment is a huge fight,” said Joe Thwaites, senior advocate on international climate finance at the Natural Resources Defense Council, an environmental group.
Persons: Mukhtar Babayev, , Babayev, Maxim Shemetov, , Eliot Whittington, Jiwoh Abdulai, Donald Trump, , Dion George, Trump, Joe Thwaites, ” Tina Stege, Chandni Raina, Oscar Sorria Organizations: Reuters, COP29, Cambridge Institute for Sustainability Leadership, Sierra Leone Environment, Trump, United, African Environment, Natural Resources Defense Council, Marshall, Babayev, COP30, Initiative Locations: Baku, Azerbaijan, U.S, Nations, Brazil, Belem —, Sierra Leone, United States, Paris, Ukraine, Belem
Some of the best early Black Friday deals are already live, even though the sale doesn't officially start until later this week on Nov. 29. Below, I rounded up the best early Black Friday deals so far, each of which is highly rated and at least 20% off. SKIP AHEAD Best early Black Friday deals | More early Black Friday sales | How I picked the best early Black Friday deals | Why trust NBC Select? The best early Black Friday deals of 2024I found, vetted and wrote about every deal I recommend below. The best early Black Friday salesHere are the best early Black Friday sales to know about.
Persons: I’ve, , , Rebecca Rodriguez, It’s, Harry Rabinowitz, Billie, Olive, Jones, Jenni Kayne, TikTok Organizations: NBC, Alexa, Amazon, beechwood, Garmin, Walmart, JCPenney, Casper, Google, Samsung, Navy, Adidas, Wellness, Facebook, Twitter Locations: carabiner, grippy
International bestselling author Barbara Taylor Bradford died peacefully at her home on Thursday at age 91, her publishing house confirmed. More than 91 million copies of her books have been sold to date, published in more than 40 languages and in 90 countries, according to HarperCollins UK. Bradford started writing at just 7 years old and sold her first short story to a magazine at age 10, HarperCollins UK said. She met and fell in love with her husband, Hollywood film and television producer Robert Bradford, in 1961. Bradford will be buried alongside her beloved husband Robert at Westchester Hills Cemetery, New York after a private funeral, HarperCollins UK confirmed.
Persons: Barbara Taylor Bradford, Charlie Redmayne, , Bradford, Barbara, Lynne Drew, Barbara’s, Robert Bradford, Robert, Jenny Seagrove, Liam Neeson, Seagrove, Queen, Jennifer Enderlin Organizations: HarperCollins, Facebook, New York Times, Yorkshire Evening, National Literacy Trust, of Literacy Partners, HarperCollins UK, HM, St, Martin’s Press, Westchester Hills Locations: Leeds, Yorkshire, London, New York, Bradford, U.S, Buckingham, Westchester, Westchester Hills Cemetery , New York
Republican Sen. Bill Hagerty suggested Sunday that Americans don't care about traditional FBI background checks for President-elect Donald Trump's Cabinet picks as Democrats call for deeper vetting of executive branch nominees. An FBI background check, usually used during confirmation proceedings, would likely look into allegations such as that one. But Democratic lawmakers have argued that background checks for potential nominees are critical tools when vetting potential high-level appointees. “We require these background checks of DEA agents — drug enforcement agents. Many Republican lawmakers have agreed, rejecting the notion of doing away with FBI background checks.
Persons: Sen, Bill Hagerty, Donald Trump's, , Pete Hegseth, Hagerty, Jon Karl, Trump, ” Hagerty, Hegseth, Timothy Parlatore, hasn’t, Amy Klobuchar, ” Klobuchar, Trump's, Kevin Cramer, Susan Collins, Mike Rounds, , ” Sen, Lisa Murkowski, it’s, ” Murkowski, Don Beyer, Ted Lieu, Donald Trump, Tammy Duckworth, Dana Bash, Tulsi Gabbard, Gabbard, Bashar al, Assad, ” Duckworth, Bash, Markwayne Mullin, Tammy, ” Mullin, Eric Schmitt, ” Schmitt, Adam Schiff, don’t, Kristen Welker, Schiff, Matt Gaetz's, he’s, Matt Gaetz, Robert F, Kennedy, Jr Organizations: Fox News, FBI, Department of Defense, Republican, Democratic, Office, CNN, United, United States Army, Trump Cabinet, Department of Health, Human Services, NBC News Locations: California, United States, Maine, Alaska, Russian, Hawaii, Russia, Ukraine, U.S
Jim Cramer warns of market 'excess' as stocks surge
  + stars: | 2024-11-25 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
CNBC's Jim Cramer on Monday described signs of "excess" he sees across market sectors, saying these widespread dramatic gains make him somewhat apprehensive, warning investors not to get too greedy. "If you had the good fortune to participate in some of these seemingly excessive moves, I think you should give thanks to your gains," he said. While it's normal for the averages to rise following election day's "Republican sweep" — as Wall Street expects deregulation and lower taxes — Cramer pointed out that many roaring stocks aren't well-known or members of the Magnificent Seven. He also looked at "Trump trades," or stocks that Wall Street has embraced as they anticipate what President-elect Donald Trump's term, like private prison operators and oil service companies. "So, take what's been given to you, give thanks for your gains, and make sure you're not letting wins turn into losses."
Persons: CNBC's Jim Cramer, day's, — Cramer, Donald Trump's, Cramer Organizations: Trump
Buffett believes family wealth dynasties could have negative consequences such as eroding personal growth and complicating relationships. "I've never wished to create a dynasty or pursue any plan that extended beyond the children," Buffett wrote in a lengthy letter Monday. He has appointed three trustees of his charitable trust to potentially succeed his children in disbursing his wealth. They are also somewhat younger than my children," Buffett wrote. He said he's built strong trust in his children's managerial ability and philanthropic ambition through years of observation.
Persons: Warren Buffett, Buffett, I've, Susie, Howie, Peter, disburse, he's Organizations: Oracle, BNSF Railway Locations: Berkshire Hathaway, Berkshire, Omaha , Nebraska, Omaha, Buffett's Berkshire
In addition, we will buy 5 shares of Eli Lilly at roughly $750. Separately, we can finally add to our position in Eli Lilly. We want to buy into this correction because Eli Lilly shares are back trading at an appealing valuation relative to its growth rate. If you look out to 2026, Lilly shares are trading at roughly 25 times. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Eli Lilly, Jim Cramer's, Bristol Myers, Chris Boerner, Karuna, Robert F, Kennedy Jr, Lilly, Jim Cramer, Jim Organizations: Myers Squibb, BMY, pharma, Karuna Therapeutics, FDA, JPMorgan, Bristol, of Health, Human Services, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, NYSE Locations: Bristol, New Jersey, U.S, New York City
1 capped his extraordinary season by helping Italy win the Davis Cup for the second straight year, defeating Tallon Griekspoor 7-6(2), 6-2 to secure a 2-0 win over the Netherlands in the final. Italy is also the first nation to retain the Davis Cup since the Czech Republic in 2013. “We are very happy to be back here holding this trophy – it feels like we are in Italy,” Sinner said, per the BBC. “Of course, it’s in the head a little bit,” Sinner added of the case. Italy is only the third nation in the last 30 years to complete the Davis Cup and Billie Jean Cup – formerly Fed Cup – double, per Opta.
Persons: CNN —, Tallon Griekspoor, Matteo Berrettini, Botic van, Sinner, ” Sinner, Manu Fernandez, , Billie Jean King, Billie Jean, Organizations: CNN, Davis, ATP, Tennis Integrity Agency, Doping Agency, Sport, Billie Jean King Cup, Slovakia Locations: Italy, Netherlands, Málaga, Spain, Czech Republic
Lunchables’ slide is hurting its parent company, Kraft Heinz. The end result isn’t just that Lunchables sales are down — numerous competitors have popped up, including Lunchly by YouTube stars Logan Paul and MrBeast. Kraft Heinz also pitched Lunchables to budget-strapped school cafeterias as a way to save money on labor and other costs. Kraft Heinz criticized the findings and said the report contributed to Lunchables’ sales slide. Lunchables’ ‘transformation’Despite Lunchables’ recent woes, Kraft Heinz says it’s investing in the brand.
Persons: Kraft Heinz, Kraft, Lunchables, , Diana Frost, , Logan Paul, MrBeast, It’s, Matt McClain, Carlos Abrams, Rivera, ” Frost, Oscar Mayer, Michael Moss ’, ” Moss, ” Lunchables, Moss, Justin Sullivan, Bob Drane, it’s, “ Lunchables, Frost, David Garfield Organizations: New, New York CNN, CNN, YouTube, Washington Post, , School, Center for Science, Consumer, US Department of Agriculture, Kraft, School Nutrition Association, Crain’s Magazine Locations: New York, Euromonitor, Turkey, bologna, Moss
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Best Buy shares rose roughly 4.5% on Monday ahead of the company's fiscal 2025 third-quarter earnings before Tuesday's opening bell. 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 . Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m.
Persons: Jim Cramer, Stocks, Donald Trump's, Scott Bessent, Bessent, Jim, Bristol Myers, Eli Lilly, RJK, Jim Cramer's Organizations: CNBC, Dow Jones, Nasdaq, Bristol Myers Squibb, FDA, JPMorgan, Club, HHS, Research, Arm Holdings
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. 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. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.
Persons: Jim Cramer, Donald Trump's, Scott Bessent, Bessent, it's, Stanley Black, Decker, Stanley, Trump's, We're, Trump, we're, we'll, JM Smucker, Jim Cramer's, Jim Organizations: CNBC, Stanley, EBW, Reuters, Biden, LNG, Coterra Energy, Abercrombie, Fitch, Burlington Stores, Dick's Sporting Goods, Jim Cramer's Charitable Locations: China, Israel, Kohl's
Chip Leighton's viral 'teenager texts' highlight how little some kids know about money. As the creator of "The Leighton Show," his social media posts, which have collectively been seen more than 250 million times, hilariously highlight some of the texts teenagers send their parents. Leighton, who has two children of his own, receives thousands of messages from parents of teenagers across the country — some of which he uses for content. covers some of the best — or worst — texts from teenagers. One section is devoted entirely to money-related topics, often related to a first job or taxes.
Persons: Chip Leighton's, Chip Leighton, she'd, Leighton, it's Organizations: Finance
AdvertisementNvidia CEO Jensen Huang said in a recent interview that today's AI doesn't provide the best answers. "We have to get to a point where the answer that you get, you largely trust," he said. The CEO said we're still "several years away" and that companies will need more computational power. Nvidia CEO Jensen Huang said today's artificial intelligence doesn't provide the best answers and that the world is still "several years away" from an AI we can "largely trust." During the Saturday interview, Huang said that pre-training or training a model on a large, diverse dataset before it's developed to perform a certain task will not be enough.
Persons: Jensen Huang, we're, Huang, ChatGPT, OpenAI Organizations: Nvidia, Hong Kong University of Science & Technology
"If I was in this to make money, I wouldn't even be releasing the kind of music that I am," she said. Raye is a multi-platinum singer and three-time Grammy nominee who has worked with Beyoncé and opened for Taylor Swift on the Eras Tour. And yet, as of this summer, she said her music career still isn't making her money. And trust me when I tell you, I'm not taking those ways," Raye told me in June following a performance at the Conrad hotel in downtown Manhattan. "If I was in this to make money, I wouldn't even be releasing the kind of music that I am."
Persons: Raye, Beyoncé, Taylor Swift, Lizzie Widhelm, I'm, Rachel Keen, she'd, She's, Chappell Roan, Sabrina Carpenter, Lucky, Jeff Spicer, WireImage, Donald Passman Organizations: Conrad, Polydor, Century, Brit, Music Locations: Manhattan, Amsterdam, London, Berlin, Ghanaian, Swiss
“The dismal outcomes of COP29 … have raised serious concerns about the integrity of the global climate negotiation process,” said Harjeet Singh, of the Fossil Fuel Treaty Initiative. Fossil fuel interests unleashedCOP climate summits are always painstaking and fraught. More than 1,700 fossil fuel industry players and lobbyists registered to attend the summit, heavily outnumbering most country delegations. Climate groups compared the final deal to a band-aid on a bullet wound, and developing countries reacted with fury. Billed as the most important climate summit since Paris, it’s here countries will set out their climate plans for the next 10 years.
Persons: Ilham Aliyev, Rich, , Harjeet Singh, Payam Akhavan, COP29, Mukhtar Babayev, Maxim Shemetov, Donald Trump, , Margaretha Wewerinke, Singh, Akhavan, populists, Friederike Otto, ” CNN’s Ella Nilsen Organizations: CNN, United Nations, Union, COP29 United, Change, Imperial College London, Putin, Co Locations: Baku, Azerbaijan, COP29, US, Paris, Small, States, Russia, Argentina, petrostates, Saudi Arabia, Vanuatu, COP30, Brazil, it’s, petro
And some people are selling courses for $220 on how to make your own lucrative AI adult creator. The articles said a crop of new Instagram influencers had amassed large followings and even secured brand deals. Some of these AI influencers, like Lil Miquela, are a sort of artsy commentary on the nature of influencing or something conceptually interesting. AdvertisementOne of the most popular AI influencers had a link in her bio to a profile on Fanvue, an OnlyFans competitor. One person is selling a course for $220 on how to make money with AI adult influencers.
Persons: Fanvue, influencers, Lil Miquela, , Insider's Marta Biino, I'm Organizations: Media Locations: Fanvue
Throughout his sparkling career as an investor, Berkshire Hathaway chairman Warren Buffett has become a leading role model for those looking to accumulate wealth. Buffett shared new details of his estate plan in a letter published on Monday, elaborating on how he intends to transfer the vast majority of his fortune to philanthropic causes. "As a general matter, if you do not have an estate plan, the state will provide one," Reynoso says. To avoid confusion — and to keep your loved ones out of a lengthy and expensive legal process — you'd be wise to put together a basic estate plan. How to estate plan like Buffett
Persons: Warren Buffett, Buffett, he's, I'm, hadn't, it's, Jose Reynoso, Reynoso, Powers Organizations: Berkshire Hathaway, Wall Street, Private Wealth, Buffett Locations: Berkshire
This is one of several misconceptions about nuclear energy: America’s nuclear waste is not buried in a mountain or tucked at the bottom of a deep, rocky cavern. That is almost entirely because Americans are by and large opposed to living anywhere near nuclear waste, and suspicious of governments’ or utilities’ attempts to assuage nuclear fears. The byproduct of nuclear energy is still associated with atomic bombs or nuclear meltdowns. On the threshold of America’s nuclear energy renaissance, federal officials are pleading with communities to say yes to storing spent fuel. No state has yet raised its hand to store the country’s nuclear energy waste, despite the lucrative deals it could foment.
Persons: BUCHANAN, Trump, Homer Simpson, , Paul Murray, Murray, Brian Vangor, Julian Quinones, Bill Gates, James Kenney, Nathan J Fish, Matt McClain, Bob Bell, Canada –, Allison McFarlane, , Harry Reid, Bob Riha Jr, ” Murray, , Sergio Flores, Kenney, ” Thoreau, Ezekiel Gonzales, Frank Rusco, Alvin W, Mike Stewart, Greg Piefer, Democratic Sen, Ben Ray Lujan Organizations: New York CNN, US Energy, CNN, New Mexico –, Manhattan Project, New Mexico’s Environment Department, Cruces Sun, Trinity, White, Washington Post, US, US Nuclear Regulatory Commission, Las Vegas, Supreme, Regulatory, Bloomberg, Getty, Taxpayers, Office, Alvin, Shine Technologies, Democratic Locations: New York, York, China, Georgia, Pennsylvania, New Mexico, Lea County , New Mexico, Cruces, New mexico, Finland, Sweden, Canada, Nevada, Las, British, France, Japan, Texas, Midland , Texas, Mexico, Thoreau , New Mexico, , , Waynesboro , Georgia, Ben Ray Lujan of New Mexico
Every four years, the holiday season is a little more challenging for retailers as consumers get distracted by the selection of the next U.S. president. Citigroup analyst Paul Lejuez expects consumers will spend an average of 13% more this holiday season based on the findings of the bank's consumer survey. "Consumer wallets remain constrained, macro/geopolitical uncertainty persists and the shorter holiday season (five fewer days and Christmas on a Wednesday)," will weigh on spending, analyst Christopher Horvers said. TGT 3M mountain Target shares over the past three months. Sensormatic Solutions, which tracks foot traffic at stores, is predicting that Black Friday will be the busiest shopping day this holiday season, but also expects a lot of last-minute shopping this year.
Persons: Paul Lejuez, Lejuez, Christopher Horvers, Horvers, Circana, they'll, Marshal Cohen, Cohen, Morgan Stanley, Alex Straton, it's, Straton Organizations: Citigroup, National Retail Federation, Target, Dick's Sporting Goods, Academy Sports, Walmart, Circana, Black, Morgan, Nike, Depot, Home Depot Locations: Minneapolis
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