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Check out the companies making headlines in midday trading: Bath & Body Works — The Ohio-based personal care company climbed more than 16%, on pace for its best day since November 2022. The retailer raised its forecast for full-year adjusted profit and said it expects a smaller drop in annual sales, boosted by solid demand for personal care products and new store offerings. Robinhood — The financial services provider surged 5% after Morgan Stanley upgraded it to overweight, citing upside from President-elect Donald Trump's looming second term in office. Target's shares have lost about 12% year to date and the stock's 3.6% dividend yield is very "attractive," the firm said. Abercrombie & Fitch — The retailer gained 4% ahead of its third-quarter earnings release , expected Tuesday morning.
Persons: Morgan Stanley, Donald Trump's, Macy's, Oppenheimer, AGCO, Gordon, Abercrombie, Fitch, Biohaven, Piper Sandler, CNBC's Hakyung Kim, Jesse Pound, Yun Li, Michelle Fox, Pia Singh, Scott Schnipper Organizations: Farm Equipment Limited, Gordon Haskett Research, Intel, CNBC, Commerce Department, U.S, Bancorp, Citigroup, Arm, UBS, Santander — ADRs, BDO, Nasdaq, Truist Securities Locations: The Ohio, New York, The Minneapolis, British, Spanish, Santander
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHigh-end clientele want curated experiences at sporting events, says Real SLX founder Kenny DichterKenny Dichter, Real SLX founder and chairman, joins CNBC's 'Closing Bell' to discuss how his company is curating high-end experiences for customers at sports events, the rise of women's sports, and more.
Persons: Real, Kenny Dichter Kenny Dichter
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email2025 is set up to be a great year for software, says Vista Equity Partners' Ashley MacNeillAshley MacNeill, Vista Equity Partners head of equity capital markets, joins CNBC's 'Closing Bell' to discuss whether the momentum in software stocks can continue.
Persons: Ashley MacNeill Ashley MacNeill Organizations: Vista Equity Partners
CNBC TechCheck Evening Edition: November 25, 2024
  + stars: | 2024-11-25 | 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 EmailCNBC TechCheck Evening Edition: November 25, 2024CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.
Persons: TechCheck Organizations: CNBC Locations: San Francisco
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSix travelers have died from suspected methanol poisoning in Laos, highlighting larger problem in AsiaSome fourteen people were reportedly sickened following a night out in Vang Vieng around Nov. 12, report CNBC's Monica Pitrelli. Methanol is cheaper than ethanol, which is the alcohol that's normally found in beer, wine and spirits. Odorless and colorless, drinking 30 milliliters of methanol — less than a standard shot — can be fatal. Most incidents occur in Asia, according to Doctors Without Borders.
Persons: CNBC's Monica Locations: Laos, Asia, Vang Vieng
Macy's delays Q3 earnings report after accounting issue
  + stars: | 2024-11-25 | by ( Becky Quick | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMacy's delays Q3 earnings report after accounting issueCNBC's Becky Quick reports on the latest news from Macy's.
Persons: Becky Quick Locations: Macy's
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPro Talks: Dan Clifton on when politics should play a role in investment decisionsCNBC's Dominic Chu speaks with Dan Clifton, partner and head of policy research for Strategas Securities, to look beyond the postelection rally and find out which businesses could get a boost in Trump's next term. Plus, he takes stock-specific questions from Pro subscribers.
Persons: Dan Clifton, CNBC's Dominic Chu Organizations: Strategas Securities Locations: Trump's
There's one key reason the U.S. stock market rallied after this month's presidential election, and it wasn't necessarily because of the outcome, according to Dan Clifton of Strategas. "What we saw was that the market was pricing in a 50-50 election. [Investors] didn't know who was going to win," Clifton, the firm's head of Washington policy research, told CNBC's Dominic Chu in this special Pro Talks discussion available to all readers. Instead, "we had it very clear … we knew [President-elect Donald Trump] was going to win," he said. (Pro subscribers can watch the full interview here .)
Persons: Dan Clifton, Clifton, CNBC's Dominic Chu, Donald Trump, Trump, gridlock — Organizations: CNBC, Republicans, Senate, CNBC Pro Locations: Strategas, Washington
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPro Talks: Top Washington analyst Dan Clifton on which stocks could be turbocharged by TrumpCNBC's Dominic Chu speaks with Dan Clifton, partner and head of policy research for Strategas, to look beyond the postelection rally and find out which businesses could get a boost in Trump's next term. Plus, he takes stock-specific questions from Pro subscribers.
Persons: Dan Clifton, Dominic Chu Organizations: Trump Locations: Washington, Trump's
3-Stock Lunch: Alphabet, Target, & EQT Corp.
  + stars: | 2024-11-25 | 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 Email3-Stock Lunch: Alphabet, Target, & EQT Corp.David Trainer, New Constructs CEO, and Ken Squire, 13D Monitor founder and president, joins CNBC's 'Power Lunch' with the trades on Alphabet, Target, and EQT Corp.
Persons: David Trainer, Ken Squire Organizations: EQT Corp, 13D
What Trump's Treasury pick could mean for his economic policies
  + stars: | 2024-11-25 | 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 EmailWhat Trump's Treasury pick could mean for his economic policiesEd Mills, Raymond James Washington policy managing director, joins CNBC's 'Money Movers' to discuss Trump's pick of Scott Bessent for Treasury Secretary, how it could change the implementation of some of Trump's economic policies, and more.
Persons: Ed Mills, Raymond James Washington, Scott Bessent Organizations: Treasury
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAntitrust expert Doug Melamed on DOJ's antitrust trial against Google over ad techDoug Melamed, Stanford law professor, joins CNBC's 'Squawk on the Street' to discuss the DOJ vs Google antitrust advertising trial, the implications of the case for Alphabet and the rest of the tech sector, and more.
Persons: Doug Melamed Organizations: Google, Stanford, DOJ
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow the foreign exchange market could respond to Trump's economic policiesMark McCormick, TD Securities head of FX & EM strategy, joins CNBC's 'Money Movers' to discuss the outlook on the foreign exchange market for 2025, what Trump's proposed tariffs and other economic policies could mean for global economies, and more.
Persons: Mark McCormick Organizations: TD Securities, FX
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Monday's full episode of the Halftime Report — November 25, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.
Persons: CNBC's Scott Wapner Organizations: CNBC PRO
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump's cabinet picks suggest lower policy risk for the markets, says Fundstrat's Tom LeeTom Lee, Fundstrat Global Advisors head of research, joins CNBC's 'Squawk on the Street' to discuss the rally to start the week, how to position going into the new year, and more.
Persons: Tom Lee Tom Lee Organizations: Fundstrat Global Advisors
I lost my church years ago, defrocked by the desire to teach through "Mad Money" and the Investing Club. The Investing Club owns them all except Tesla. 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: Mark Haines, Disney, Joe Kernen, David Faber, Andrew Ross Sorkin, Becky Quick, Larry Kudlow, Cramer, Haines, Rowan, Transocean, Jim Bob, Kudlow, Lazarus, Tesla, Russell, Jim Cramer's, Jim Cramer, Jim, Rob Kim Organizations: TikTok, Financial News Network, CNBC, Wall, Journal, GMA, Fox Business, Federal, Investing, Microsoft, Nvidia, Investing Club, Jim Cramer's Charitable Locations: TheStreet.com, gander
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFTX executives face sentencing for multibillion dollar fraudCNBC's MacKenzie Sigalos reports on the sentencing of FTX's Caroline Ellison from outside the courthouse.
Persons: CNBC's MacKenzie Sigalos, FTX's Caroline Ellison
So, perhaps it is no surprise that robotics engineers are highly sought-after, with the United States alone expected to add 9,000 robotics engineers by 2032, according to Sokanu's Career Explorer. Another hotspot for robotics engineers is the island-nation of Singapore, the second most automated country after South Korea. Kelvin Ching is a Senior Robotics Engineer for Hyundai Motor Group Innovation Center Singapore (HMGICS), the country's first EV factory. He leads a team of robotics engineers that are overseeing the close to 200 robots assembling Hyundai's Ionic 6 model. Sean Sabastian is Dyson's Robotics Research Manager, managing a team of roboticists who are looking to integrate robots into the home environment.
Persons: CNBC's, Yew Lam, Singapore's Tan, Kelvin Ching, Sean Sabastian, roboticists, Dyson Organizations: International Federation of Robotics, Hyundai Motor Group Innovation Center, EV, Robotics Research Locations: United States, Singapore, South Korea
Bernie Moreno, Republican U.S. Senate candidate from Ohio, attends a campaign event in Holland, Ohio, on Saturday, October 26, 2024. In total, crypto-related PACs and other groups tied to the industry reeled in over $245 million, according to Federal Election Commission data. Crypto accounted for nearly half of all corporate dollars that flowed into the election, according to nonprofit watchdog Public Citizen. It was one of the top spending committees of any industry this cycle and exclusively gave to pro-crypto candidates running for Congress. "Welcome to America's most pro-crypto Congress ever," Armstrong wrote on X on Nov. 5.
Persons: Bernie Moreno, Moreno, Sen, Sherrod Brown, Tom Williams, Donald Trump, Coinbase, Crypto, Marc Andreessen, Ben Horowitz, David Sacks, " Moreno, Brian Armstrong, Fred Ehrsam, Faryar Shirzad, Armstrong, Ehrsam, Coinbase's Armstrong, Gary Gensler, Brown, Elizabeth Warren, FTX, Fairshake, gunning, Republican Jim Justice, Democratic Sen, Joe Manchin, Katie Porter, Porter, he'd, Horowitz, Sacks, Coinbase's Shirzad, Moreno wasn't, Shirzad, David McIntosh, McIntosh, hasn't, JD Vance's, Sam Bankman, Gensler, Andreessen Horowitz, Cameron, Tyler Winklevoss, Ripple, Chris Larsen, JD Vance, Paul Grewal, Jesse Powell, Trump, Phil Potter, Multicoin Capital's Kyle Samani, Fred Wilson, Charles Cascarilla, Mike Belshe, Solana, Anatoly Yakovenko, Wences Casares Organizations: Republican U.S, Cq, Inc, Getty, Democratic, Banking Committee, Public Citizen, Crypto, House, Securities and Exchange Commission, SEC, Senate, Committee, Republicans, Protect, Fairshake, Defend, Jobs, Republican, New, CNBC, Andreessen, Craft Ventures, Club for Growth, Growth, Politico, PAC, Labs, Senate Inc, Trump, Union Square Ventures, Xapo Bank Locations: Republican, Ohio, Holland , Ohio, Cleveland, Coinbase, U.S, Arizona, Michigan, West Virginia, California, Washington, FTX, Nashville , Tennessee
The bitcoin rally is generating a false sense of security among investors, according to the strategist behind the so-called granddaddy of gold exchange-traded funds. State Street Global Advisors' George Milling-Stanley warns cryptocurrency plays don't offer the stability of gold. Milling-Stanley's comments came as his firm's SPDR Gold Shares ETF (GLD) celebrated its 20-year anniversary this week. It is the world's largest physically backed gold ETF, and it's up more than 30% in 2024. "But they called it mining because they wanted to seem like gold — maybe take some of the aura away from the gold."
Persons: George Milling, Stanley, cryptocurrency, It's Organizations: Street Global Advisors
London's historic art scene is getting a tech upgrade
  + stars: | 2024-11-23 | by ( ) www.cnbc.com   time to read: +1 min
The United Kingdom's historic art scene has embraced technology such as artificial intelligence, as it evolves to compete with growing markets such as China. While the United States and China hold the number one and two spots respectively, the U.K.'s contribution to the art market is nothing to be sniffed at – holding 17% of the global share, according to the Art Basel and UBS Art Market Report. London is widely regarded as the art hub of Europe, and its biggest art fair, Frieze, boasted 90,000 visitors in 2024. Within the art world, it's been sort of bubbling away, burning away for a while, and it's suddenly caught fire," said Henry Highley, Head of European Private Sales for Phillips. Watch the video above for an up-close look at some of the art breaking barriers on London's art scene.
Persons: Eva Langret, it's, Langret, Marie Antoinette's, Phillips, Henry Highley Organizations: Art Basel, UBS Art, Frieze, CNBC's, European Locations: China, United States, Europe, Frieze London
If you're like me, you probably spend your weekends tackling the tasks you didn't have time for during the workweek. According to Holmes, you should actually treat your weekends like a vacation. Treating your weekend like a vacation helps break you out of the "routine of doing, and it allows you to just be." When measuring their happiness afterwards, she found that those with a vacation mindset showed more satisfaction and positivity when they returned to work. However, Holmes warns that there is one caveat to the vacation mindset.
Persons: it's, Cassie Holmes, Holmes, Leah Smart, you've, Mark Cuban, Richard Branson Organizations: Harvard Business, Harris, SXSW, CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Steve Auth, Federated Hermes equities CIOSteve Auth, Federated Hermes equities CIO, joins CNBC's 'The Exchange' to discuss expectations for how Trump's trade policy will impact U.S. growth.
Persons: Steve Auth Organizations: Hermes
The Fed is very much a political entity, says Komal Sri-Kumar
  + stars: | 2024-11-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed is very much a political entity, says Komal Sri-KumarKomal Sri-Kumar, president of Sri-Kumar Global Strategies, joins CNBC's 'Squawk Box' to discuss his outlook on the economy, how he thinks the Fed should handle interest rates going forward, and more.
Persons: Komal, Kumar Komal, Kumar Organizations: Sri, Kumar
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPuck's Matt Belloni on the future of cable networks and how Comcast can make 'SpinCo' workMatt Belloni, founding partner of Puck, joins CNBC's 'Squawk Box' to discuss Comcast spinning off its cable networks, the future of TV and the media industry, and more.
Persons: Matt Belloni, Puck Organizations: Comcast
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