DIRS.INFO The most relevant business & tech news

☆ Opinion | A Range of Lessons From Trump’s Victory
▼ + stars: | 2024-11-22 | by ( ) www.nytimes.com time to read: +1 min

To the Editor:Re “Enough,” by Roxane Gay (Opinion, Nov. 17):I empathize with Ms. Gay’s feelings regarding not yielding “even a little” to Trumpism’s “odious politics.” But we also cannot be naïve about what’s necessary to most effectively fight and defeat Trumpism: political power. To win future elections Democrats — increasingly the party of well-educated, well-off citizens who have the privilege of voting based on concerns over the rule of law and cultural issues, not whether they can pay this month’s rent — do not need to cater to all who voted for Donald Trump. They just need to win over a small slice of the electorate that may have voted for previous Democratic candidates but, perhaps holding their noses, didn’t in 2024. They must acknowledge many voters’ fear, anger and insecurity over both major parties failing for decades to adequately address ever-increasing income and wealth inequality — that even when “the economy” improves, too often everyday workers still fall farther and farther behind. And they must relentlessly focus electoral messaging on their plans for how to repair this ever-worsening economic gulf.

Persons: Roxane Gay, Trumpism’s, —, Donald Trump Organizations: Democratic

☆ Four big reasons to own gold into 2025
▼ + stars: | 2024-11-22 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

On Friday, spot gold rose about 1% amid increasing tensions between Russia and Ukraine . Secondly, the global interest rate-cutting cycle will also stretch into 2025, which will serve as another driver of higher gold prices. Moreover, a push among central banks to diversify their reserves away from the dollar could also provide some additional support for gold, he said. "We expect the de-dollarization trend among central banks and private asset managers to continue," Khandelwal said. "We estimate central banks bought around 900 metric tons of gold in 2024, and these volumes can be sustained well above the prior decade's average of around 325 metric tons a year."

Persons: Gold, Donald Trump's, Sagar Khandelwal, Khandelwal Organizations: UBS, UBS Global Wealth Management Locations: Russia, Ukraine

☆ Jeff Bezos says Elon Musk's claims are '100% not true' after the Tesla CEO reignites their feud
▼ + stars: | 2024-11-22 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

AdvertisementElon Musk reignited his long-running feud with Jeff Bezos in an X post on Thursday. Musk said Bezos told people they should sell Tesla and SpaceX stock because Donald Trump would lose. Bezos said Musk's claim was "100% not true," to which Musk replied, "I stand corrected." XBusiness Insider was unable to confirm the veracity of Musk's post. AdvertisementNovember 22, 2024: This story has been updated to include Bezos' response to Musk's Thursday X post, and Musk's response to Bezos.

Persons: Elon Musk, Jeff Bezos, Musk, Bezos, Donald Trump, Trump, wasn't, he'd, Musk's, Tesla, SpaceX isn't, Thomas Roulet, Elon, Bill Gates, Gates Organizations: SpaceX, X, Mar, Department of Government, Amazon, Trump, Tech, Bloomberg, University of Cambridge, Twitter, Microsoft Locations: Trump's Florida, China

☆ High-Yield Savings Accounts Are Still a Good Deal
▼ + stars: | 2024-11-22 | by ( Ann Carrns | ) www.nytimes.com time to read: +1 min

You’ve probably been discouraged to see the interest rate on your high-yield savings account fall during the past couple of months. But your money is still earning much more than it would in a traditional savings account — and more than inflation. Rates paid on cash in savings accounts have been dropping since the Federal Reserve began cutting its key interest rate in September as inflation cooled. Even so, the rates paid on federally insured high-yield savings accounts, many offered by banks that operate solely or mostly online, are still beating inflation, which was 2.6 percent on an annual basis in October. “High-yield savings accounts are still attractive relative to traditional savings accounts,” particularly for emergency or “rainy day” funds that savers want to be able to tap into quickly, said Alan Bazaar, chief executive and co-chief investment officer at Hollow Brook Wealth Management in Katonah, N.Y.

Persons: You’ve, Banks, “, Alan Bazaar Organizations: Federal Reserve, Wealth Management Locations: Katonah, N.Y

☆ 73% of workers worry Social Security won’t be able to pay retirement benefits. Here’s what advisors say
▼ + stars: | 2024-11-21 | by ( Lorie Konish | ) www.nbcnews.com time to read: +4 min

Most Americans are concerned about what may happen to Social Security when its retirement trust fund crosses a projected 2033 depletion date, according to a new Bankrate survey. Nearly three-quarters, 73%, of non-retired adults and 71% retired adults say they worry they won’t receive their benefits if the trust fund runs out. Social Security’s actuaries project the fund the program relies on to pay retirement benefits will be depleted in 2033. Retirees can claim Social Security retirement benefits as early as age 62, though they take a permanent lifetime reduction. Social Security is “inflation indexed longevity insurance,” said CFP David Haas, owner of Cereus Financial Advisors in Franklin Lakes, New Jersey.

Persons: Gen Xers, someone’s, ”, Mark Hamrick, Zers, it’s, —, they’ve, George Gagliardi, ” Gagliardi, David Haas, ” Haas, Xers, Haas Organizations: Security, Bankrate, Social, actuaries, Social Security, Cereus Financial Locations: millennials, Lexington , Massachusetts, Franklin Lakes , New Jersey

☆ The Western tourists going to Iraq for vacation
▼ + stars: | 2024-11-21 | by ( Richard Collett | ) edition.cnn.com time to read: +18 min

“It was peaceful, calm, and rather quiet,” Driskill told CNN Travel after visiting Iraq in 2024. “Every year we’re seeing more people come to Iraq than before,” he told CNN Travel. Newenham first visited in August 2021 and told CNN Travel that she never imagined Iraq becoming one of her favorite travel destinations. Anmar Khalil/AP“Visiting the [ninth-century] Great Mosque of Samarra is a must,” he told CNN Travel. For Sarah Sanbar, Iraq researcher at Human Rights Watch, tourism to the country is allowing visitors to see the real Iraq.

Persons: Tommy Driskill, ’, ” Driskill, Saddam Hussein’s, Iraq’s, Driskill, ”, “ I’m, I’ve, “ We’ve, ” Robert Kyle Molina, Molina, Ali Al Makhzomy, ” Al Makhzomy, Janet Newenham, Newenham, “, ” Newenham, they’ve, Pope Francis, Al Makhzomy, Ur, Sergio Arce, Bil, Anmar Khalil, Imam Hussain, Abbas, Hussain ibn Ali, Prophet Mohammed, Arce, I’d, Jan Bakker, James Wilcox, we’ve, Travel’s Molina, Sarah Sanbar, Iraq —, ” Sergio Arce, Sanbar, ‘, ’ Heck Organizations: CNN, CNN Travel, Tourism Capital, US Department of State, United, Foreign, Commonwealth, Development, Human Rights Watch, ISIS, Bil, US State Department, US, Federal Government, Baghdad International Airport, European, Kurdistan Regional Government Tourism Board, International, Federal, “, Vatican Media, Reuters, Borders, Erbil Marathon, Sergio Arce Military Locations: Hawaii, Baghdad, Iraq, Iraqi Kurdistan, Babylon, Kurdistan, Iraqi, Karbala, European Union, Kurdistan Chronicle, Federal Iraq, Mosul, “, Janet Newenham Iraq, Cork, Ireland, Baghdad . “ Iraq, Islam, ” Iraq, East, Palestine, Eden, Samarra, Al, Arba’een, Sweden, Iran, Kuwait, Pakistan, India, Erbil, Berlin’s, Today, birdwatch

☆ OpenAI CEO Sam Altman was paid $76,001 last year
▼ + stars: | 2024-11-21 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Its CEO, however, was paid a relatively modest five figures at OpenAI in 2023, filings show. OpenAI CEO Sam Altman was paid $76,001 in compensation in 2023 to lead what's now one of the most valuable startups in the world, the company's tax filings for the year showed. During a hearing before a senate judiciary subcommittee in May 2023, Altman said he gets "paid enough for health insurance" and that he receives no equity in OpenAI. Bloomberg estimated in March 2024 that the CEO is worth at least $2 billion, not including any stake he may have in OpenAI. Altman denied during an all-hands meeting with employees that there were plans for him to receive a "giant euqity stake," CNBC reported.

Persons: Sam Altman, what's, Altman, Ilya Sutskever, Chris Clark, Sutskever, Clark, OpenAI Organizations: Microsoft, Census Bureau, Social Security Administration, Bloomberg, CNBC Locations: OpenAI, San Francisco County

☆ Bond market sending clear message Fed may be moving 'too aggressively': Morgan Stanley's Dan Skelly
▼ + stars: | 2024-11-21 | 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 EmailBond market sending clear message Fed may be moving 'too aggressively': Morgan Stanley's Dan SkellyDan Skelly, Morgan Stanley Wealth Management executive director, and Dan Eye, Fort Pitt Capital Group partner & CIO, joins 'Closing Bell Overtime' to talk the day's market action.

Persons: Morgan Stanley's Dan Skelly Dan Skelly, Morgan, Dan Eye Organizations: Morgan Stanley Wealth Management, Fort Pitt Capital Group

☆ Crypto investor pays $6 million for a banana — and plans to eat it
▼ + stars: | 2024-11-21 | by ( Robert Frank | ) www.cnbc.com time to read: +3 min

Italian visual artist Maurizio Cattelan's duct-taped Banana entitled "Comedian," is on display during a media preview at Sotheby's in New York, on November 8, 2024. Crypto investor Justin Sun paid $6.2 million for a banana duct-taped to a wall, highlighting the soaring values of crypto and viral art. Sotheby's last night auctioned off the infamous banana, titled "Comedian," created by Italian artist and cultural prankster Maurizio Cattelan. People look at Italian visual artist Maurizio Cattelan's duct-taped Banana entitled "Comedian," during a press preview at Sotheby's in New York, on October 25, 2024. The seller of the Sotheby's banana had purchased it from one of the original buyers and was reselling it.

Persons: Maurizio Cattelan's, Kena Betancur, Robert Frank, Crypto, Justin Sun, Maurizio Cattelan, Sun, Sotheby's, Timothy A, Clary Organizations: Afp, Getty, Art Basel Miami Beach Locations: New York, Italian

☆ Triller is hiring TikTok's former head of product to run its video app, as its other CEO hire falls through
▼ + stars: | 2024-11-21 | by ( Kenneth Niemeyer | Dan Whateley | ) www.businessinsider.com time to read: +5 min

AdvertisementTriller hired former TikTok product head Sean Kim to run its video app and a few other subsidiaries. Former T-Mobile marketing exec Kevin McGurn will no longer join as CEO of all of Triller Group. Triller, a media and marketing company that once positioned itself as a competitor to TikTok, announced it's hiring former TikTok product head Sean Kim to serve as CEO of its video app. Starting on December 2, he will oversee the Triller app, a short-video platform that functions similarly to TikTok, Instagram reels, and YouTube shorts. The Triller Group CEO title was meant to go to former T-Mobile marketing executive Kevin McGurn, as announced by the company in October.

Persons: Triller, Sean Kim, Kevin McGurn, TikTok, Kim, Julius, McGurn, it's, Donald Trump Organizations: Mobile, Triller, Holding, Triller Group, AGBA, Sony Music, Universal Music Group, SEC, Congress, YouTube Locations: Hong Kong, Triller

☆ Elon Musk's startup xAI is now reportedly worth more than what the billionaire paid for Twitter
▼ + stars: | 2024-11-21 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

AdvertisementElon Musk's AI startup, xAI, has been valued at $50 billion, The Wall Street Journal reported. xAI's valuation has doubled since the spring, surpassing the $44 billion Musk paid for Twitter. Elon Musk's AI startup, xAI, has reportedly been valued at $50 billion — $6 billion more than what the billionaire paid to acquire Twitter, the social media platform now known as X. AdvertisementThe new valuation means xAI has surpassed the $44 billion Musk paid for Twitter back in October 2022. xAI previously raised a $6 billion Series B from A16z and Sequoia Capital at a $24 billion post-money valuation.

Persons: Andreessen Horowitz, Elon, xAI, Musk, Sam Altman, OpenAI Organizations: Elon, Street Journal, Twitter, Sequoia Capital, Fidelity, The, Equity Partners, Qatar Investment Authority, Microsoft Locations: A16z

☆ If you want to buy a coveted Patek Philippe timepiece, it'll take patience and a few social skills
▼ + stars: | 2024-11-21 | by ( Amanda Krause | ) www.businessinsider.com time to read: +6 min

AdvertisementWhere can you buy a Patek Philippe watch? Karger, a former lawyer who now runs a publication called Wrist Enthusiast, said that Patek Philippe "generally doesn't own their own stores." Representatives for Patek Philippe did not respond to a request for comment from BI on its sales processes. Reaching the level of Patek PhilippeWhen collectors, jewelers, and other fans discuss Patek Philippe watches, awe almost always enters their voices. Brad Pitt wears a Patek Philippe watch while in Venice.

Persons: Philippe, Phil Reid, Patek Philippe timepieces, Queen Victoria, it's, Birkin, Kelly, Reid, Craig Karger, Philippe timepiece, Patek Philippe, Eugene Gologursky, Karger, That's, Patek, Philippe Aquanaut, Jeremy Moeller, there's, Krager, Audemars Piguet, I've, they've, Brad Pitt, JB Lacroix, Variety, who's Organizations: Swiss, Rolex, Cartier, IWC, Nautilus, Getty Locations: London, Patek, Swiss, Miami, Lisbon, Switzerland, New York City, Venice

☆ Diddy argues that Abercrombie & Fitch's ex-CEO is out on bail on serial sex-trafficking charges — so he should be, too
▼ + stars: | 2024-11-21 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

AdvertisementSean "Diddy" Combs is making his third application for bail in his Manhattan sex-trafficking case. Jeffries is free on bail on serial sex trafficking charges, so Combs should be too, his lawyers say. Federal prosecutors allege that for decades, both men used their wealth and the power of their brands to coerce victims into participating in drug-fueled sex parties. AdvertisementComparisons of Jeffries and Combs are promising to be a prominent part of bail arguments scheduled for Friday in Manhattan. AdvertisementProsecutors are fighting Combs' bail offer, which includes a $50 million bond collateralized by his Miami mansion, plus home confinement with round-the-clock monitoring.

Persons: Sean, Diddy, Combs, Michael Jeffries, Jeffries, Arun Subramanian, Christy Slavik, Marc Agnifilo, Slavik, Agnifilo Organizations: Abercrombie, Fitch, Prosecutors, Mr, Hyatt, Advertisement Defense, US, Office Locations: Manhattan, New York, Miami, Midtown Manhattan, Hyatt New York, Brooklyn, Los Angeles

☆ Elon Musk just reignited his feud with Jeff Bezos
▼ + stars: | 2024-11-21 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

AdvertisementElon Musk reignited his long-running feud with Jeff Bezos in a X post on Thursday. Musk said Bezos told people that Trump would lose and they should sell their Tesla and SpaceX stock. Elon Musk has taken aim at Jeff Bezos once more, reigniting the war of words between the world's two richest people. In a X post on Thursday, Musk said that Bezos had told people to dump their shares in his companies because Donald Trump was bound to lose the presidential election. This message about Bezos is a way to give himself an excuse to legitimately do so, by saying that 'Bezos started it.'"

Persons: Elon Musk, Jeff Bezos, Musk, Bezos, Trump, Donald Trump, ince, ould, ake Organizations: SpaceX Locations: lon, usk, ehicles,

☆ UBS sees the 'Roaring 20s' continuing, S&P 500 rising again next year — maybe to 7,000
▼ + stars: | 2024-11-21 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

This booming period marked by strong economic growth and robust market returns could extend into 2025, according to UBS, which is calling for the S & P 500 to rise as high as 7,000 in its most optimistic, bullish case. "The market and economic developments have led some to term the decade so far as the 'Roaring 20s,' marked by high economic growth, strong market returns, and improving productivity," Mark Haefele, UBS Global Wealth Management chief investment officer, said in a note to clients. .SPX YTD mountain S & P 500 The Wall Street bank set its base case of a 6,600 S & P 500 target for 2025, or about 10% upside from current prices. For its bull case, the equity benchmark could climb to 7,000 by year end 2025, a 16% gain from current levels. The S & P 500 appears set to wrap up a strong 2024 with a bang, thanks to optimism toward President-elect Donald Trump 's market-friendly policies.

Persons: Mark Haefele, Donald Trump, Haefele Organizations: UBS, UBS Global Wealth Management

☆ Delta CEO says Trump administration's approach to regulation could be 'breath of fresh air'
▼ + stars: | 2024-11-20 | by ( Leslie Josephs | ) www.cnbc.com time to read: +3 min

Delta Air Lines CEO Ed Bastian said the Trump administration's approach to regulation could be a "breath of fresh air." Speaking to reporters ahead of Delta's investor day, Bastian noted that President-elect Donald Trump campaigned saying he would take a "fresh look" at regulation and bureaucracy. "We have to invest in this industry," American Airlines CEO Robert Isom said at the Skift Aviation Forum in Dallas last week. In an interview last week, Sun Country Airlines CEO Jude Bricker said: "We just need stability and resources at the DOT." Industry members and analysts also expect the incoming administration to be more open to mergers and consolidation.

Persons: Ed Bastian, Bastian, Donald Trump, Pete Buttigieg, Trump, Sean Duffy, Duffy didn't, Robert Isom, Jude Bricker, Joe Biden's Organizations: Delta Air Lines Inc, Delta Air, Trump, U.S . Department of Transportation, Delta, Fox Business, U.S, Federal Aviation Administration, American Airlines, Skift Aviation, Sun Country Airlines, Industry, Alaska Airlines, Hawaiian Airlines, Biden's Justice, Spirit Airlines, JetBlue Airways, JetBlue Locations: New York, Dallas, U.S

☆ Charles Schwab incoming CEO on evolving strategy, wealth management competition and impact of higher rates
▼ + stars: | 2024-11-20 | 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 EmailCharles Schwab incoming CEO on evolving strategy, wealth management competition and impact of higher ratesRick Wurster, Charles Schwab president, joins 'Closing Bell' to discuss the company's evolving strategy, wealth management competition and impact of higher rates.

Persons: Charles Schwab, Rick Wurster

☆ UBS Global Wealth Management: still positive on markets, valuation 'cheap' in Asia
▼ + stars: | 2024-11-20 | 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 EmailUBS Global Wealth Management: still positive on markets, valuation 'cheap' in AsiaAdrian Zuercher of UBS Global Wealth Management remains positive on markets, noting that upcoming Fed cuts will be good for bonds and equities. He believes that China has the tools and willpower to introduce more policies to shore up consumer confidence especially if Trump tariffs materialize, and combat structural issues.

Persons: Asia Adrian Zuercher Organizations: UBS Global Wealth Management, Trump Locations: Asia, China

☆ 49-year-old started his business 'to make $5,000 a month to survive, pay my mortgage'—he sold it for $100 million
▼ + stars: | 2024-11-20 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

When Tomas Gorny started a tech business in 2001, he wasn't thinking about becoming a billionaire someday. Gorny started a business called Ipower, which sold software that helped people build their own websites. Six years later, he sold Ipower to web hosting company Endurance International for a reported $100 million. Perhaps ironically, Gorny says the more modest goal helped helped him grow his company's bottom line far more effectively. Once he released his more developed products, Ipower started adding hundreds of new customers per day, he says.

Persons: Tomas Gorny, Nextiva, who'd, he'd, Gorny, —, Interliant, Ipower Organizations: Endurance, Internet Communications, Endurance International, Google, Microsoft Locations: Scottsdale , Arizona, Polish, U.S

☆ The 10-year Treasury yield is looming as a potential anchor on stocks
▼ + stars: | 2024-11-20 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

The runup in the 10-year Treasury yield is proving to be more than a short-term fluctuation, and that is starting to draw nervous looks on Wall Street. US10Y 3M mountain The 10-year Treasury yield started to climb ahead of the election and has moved higher still after Donald Trump's victory. With the 10-year yield close to a key psychological level of 4.5%, there is concern that another move higher could lead to a downturn in the stock market. If the 10-year yield does break through the 4.5% level, technical patterns suggest it could make a significant climb. Strong economic growth and optimism around artificial intelligence are two reasons why stocks may be able to tolerate higher rates, said Solita Marcelli, UBS global wealth management chief investment officer for the Americas.

Persons: Bond, Donald Trump's, Wolfe, Chris Senyek, Trump, Senyek, Paul Ciana, Stocks, Solita Marcelli, Marcelli Organizations: Treasury, Wolfe Research, Bank of America, UBS Locations: 1Q25

☆ Gold gains on softer dollar, widening Russia-Ukraine tensions
▼ + stars: | 2024-11-20 | by ( ) www.cnbc.com time to read: +2 min

Close up stack of gold bars, financial wealth concepts and businessGold prices rose for a third consecutive session to a one-week high on Wednesday, driven by a softer dollar and escalating Russia-Ukraine tensions that raised the demand for safe-haven assets. Spot gold added 0.32% to $2,640.19 per ounce by 0323 GMT, its highest since Nov. 11. The U.S. dollar rally paused after hitting a one-year high last week, making bullion more appealing to buyers holding other currencies. The market is adjusting its expectations for the Fed's cuts next year as inflation is becoming a bigger concern, which could be negative for gold, Spivak added. Spot silver was steady at 31.22 per ounce, platinum added 0.1% to $975.10 at $973.90 and palladium flat at $1,035.43.

Persons: Vladimir Putin, Washington, Ilya Spivak, Donald Trump's, Spivak, Jeffrey Schmid Organizations: U.S ., Federal Reserve, U.S Locations: Russia, Ukraine, , Kansas

☆ Get the most out of these tax-favored accounts in 2025
▼ + stars: | 2024-11-20 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

Benefits enrollment season is here, and with it comes an opportunity for workers to tune up their workplace savings plans and sock away more money on a tax-favored basis. Traditional tax-deferred accounts, like 401(k) plans and individual retirement accounts, are just the beginning for savers. As tempting as it may be for savers to plow money into HSAs and other tax-favored accounts, they'll need to draw up a strategy before they do so. They can also earmark additional funds toward 529 college savings plans and taxable brokerage accounts. In a tax-deferred account, investors won't be on the hook for the tax bill until they begin drawing down from it.

Persons: Marguerita Cheng, Cheng Organizations: Devenir, Blue, Global Wealth, UBS, Chief Investment Locations: Gaithersburg , Maryland

☆ How much of Musk’s wealth comes from tax dollars and government help?
▼ + stars: | 2024-11-20 | by ( Chris Isidore | ) edition.cnn.com time to read: +8 min

Government crucial to Musk’s net worthIt’s worthwhile to ask just how much of his world-leading net worth comes from government help over the last 10 to 15 years. Tesla and SpaceX got started – and survived their early days – with assistance from state and federal policies, government contracts and loans. Tesla buyers received federal tax credits worth an estimated $3.4 billion before the perk disappeared entirely for Tesla buyers at the end of 2019. “Take away the subsidies, it will only help Tesla,” Musk posted on his social media platform X in July. According to USASpending.gov, the government database that tracks federal spending, SpaceX has signed contracts worth nearly $20 billion.

Persons: New York CNN — Elon Musk, Donald Trump, Musk, ”, Daniel Ives, SpaceX doesn’t, Tesla’s, Noah Berger, Tesla, Trump, ” Musk, Elon Musk, Frederic J . Brown, Ives, Brandon Bell, USASpending.gov, Casey Dreier, ” Dreier, “ Elon, Dreier, CNN’s Jackie Wattles Organizations: New, New York CNN, SpaceX, Trump, Government, Wedbush Securities, Reuters, Department of Energy, Biden, US, Tesla, Getty, NASA, International Space, Planetary Society Locations: New York, Fremont , California, Hawthorne , California, AFP, Brownsville , Texas, Russia

☆ Cramer's Lightning Round: PepsiCo is 'just too darn hard'
▼ + stars: | 2024-11-20 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Intuitive Machines' year-to-date stock performance. Stock Chart Icon Stock chart icon PepsiCo's year-to-date stock performance. Stock Chart Icon Stock chart icon Occidental Petroleum's year-to-date stock performance. Stock Chart Icon Stock chart icon Globe Life's year-to-date stock performance. Jim Cramer's Guide to Investing Click here to download Jim Cramer's Guide to Investing at no cost to help you build long-term wealth and invest smarter.

Persons: I'm, Jim Cramer's Organizations: PepsiCo, Occidental, Occidental Petroleum, Globe

AdvertisementElevenLabs is raising new funding, boosting its valuation to over $3 billion, according to multiple sources. The startup is aiming to raise $200 million in the round, according to one source. Details of the latest funding round are not yet finalized, and the figures involved are subject to change. The company has been increasing its targeted round size and valuation during the process of raising funding, according to these sources. Funding for voice technology companies has picked up even as some of the shine comes off the digital intelligence category as a whole.

Persons: ElevenLabs, Andreessen Horowitz, Piotr Dąbkowski, Mati Staniszewski's, Kleiner Perkins, ElevenLab's Organizations: Ventures, Iconiq Locations: ElevenLabs, OpenAI

Search resuls for: "Wealth"

25 mentions found