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All four drugs are in a class of wildly popular weight loss drugs known as GLP-1s. In the United Kingdom, authorities last year seized hundreds of counterfeit Ozempic pens — insulin pens that had been relabeled as Ozempic. Counterfeit weight loss drugs have serious health risks, according to the pharmaceutical companies and federal officials. Counterfeiters are already trying to cash in on a weight loss drug that the company hasn't even put on the market yet: retatrutide. But it's also one of the epicenters of the lucrative counterfeit drug trade, according to U.S. authorities who track counterfeit drugs.
Persons: It's, , Eli Lilly's Mounjaro, they've, Laver, Andy Morling, CNBC Morling, Eli Lilly, Daniel Skovronsky, Eli Lilly's, we'll, Skovronksy, John F, Sal Ingrassia, Ingrassia, Customs isn't, we've, Yoav Keren, GLP, TikTok, Keren, BrandShield, it's, Nicole Johnson, CNBC Johnson, Johnson, Mike Doustdar, Doustdar, Direnc Bada Organizations: CNBC, U.S, Laver Beauty, DHL, Novo Nordisk, Laver, Medicines, Healthcare Products Regulatory Agency, Lilly Research Labs, Kennedy International, JFK International Mail Facility, U.S . Customs, Border Protection, JFK, CBP, Protection, CNBC CNBC, FDA, Customs, Meta, Facebook, World Health Organization, U.S ., Intellectual, Coordination Center, National, Turkish National Police, Novo Nordisk's, CNBC Counterfeiters, CNBC FDA Locations: BOULDER, COLO, Boulder, Ozempic, Shijiazhuang, China, Beijing, Englewood Cliffs , New Jersey, United Kingdom, London, New York City, U.S, Turkey, Europe, South America, United States, India, Mexico, Istanbul, Zurich
ISRAEL LEBANON Israeli armored vehicles crossed the border Vehicle tracks Israeli vehicles in a bulldozed area Vehicle tracks Israeli vehicles in a bulldozed area Flattened buildings Israeli armored vehicles YAROUN YAROUN Israeli vehicles in a bulldozed area LEBANON ISRAEL Flattened buildings Vehicle tracks Israeli armored vehicles crossed the border Vehicle tracks Israeli vehicles in a bulldozed area ISRAEL Israeli armored vehicles crossed the border LEBANON Vehicle tracks Israeli vehicles in a bulldozed area Vehicle tracks Israeli vehicles in a bulldozed area Flattened buildings Israeli armored vehicles YAROUN ISRAEL LEBANON Israeli armored vehicles crossed the border Vehicle tracks Israeli vehicles in a bulldozed area Vehicle tracks Israeli vehicles in a bulldozed area Flattened buildings Israeli armored vehicles YAROUN Source: Satellite image by Planet Labs, Oct. 5Tank tracks leading from Israel across the border to the Lebanese village of Yaroun are visible in satellite images taken on Saturday by Planet Labs, a commercial satellite provider. So are newly constructed banks of earth where the Israeli military set up positions for tanks and other military vehicles. Over the past week, the Israeli military has flattened large parts of two border villages: Maroun al-Ras and Yaroun, seen in the video above that was filmed by the Israeli military and verified by The Times. Aug. 28, 2024 Rubble YAROUN Destroyed buildings Rubble YAROUN Destroyed buildings Oct. 5, 2024 YAROUN Area flattened YAROUN Area flattened Oct. 5, 2024 Newly destroyed buildings Appears burned YAROUN Appears burned Newly destroyed buildings Appears burned YAROUN Appears burned Even before the ground invasion, months of rocket strikes had damaged Yaroun, this satellite imagery from the summer shows. Aug. 28 MAROUN AL-RAS Destroyed building MAROUN AL-RAS Destroyed building Oct. 5 Israeli military vehicles Vehicle tracks Israeli military vehicles MAROUN AL-RAS Vehicle tracks Vehicle tracks Israeli military vehicles Vehicle tracks MAROUN AL-RAS Oct. 5 Newly destroyed buildings MAROUN AL-RAS Destroyed mosque Flattened area Newly destroyed buildings Destroyed mosque MAROUN AL-RAS Flattened area Maroun al-Ras has seen fighting before: It was the scene of a major battle during Israel’s 2006 invasion of Lebanon.
Persons: Israel, Israel Maroun, Ras, Ras Naqoura, Maroun, Ali Qassem Tafeh, Hassan Awada, MAROUN, Balakrishnan Rajagopal, , ” Mr, Rajagopal, Tafeh, Hussein Jaafar, Yaroun's, Organizations: Hezbollah, The New York Times, Planet Labs, The Times, United Nations Interim Force, New York Times, Times, United Nations, Hague Convention, National News Agency Locations: Yaroun, Lebanon, ISRAEL LEBANON Israeli, LEBANON ISRAEL, Israeli, LEBANON Israeli, Israel, Lebanese, Lebanon Israel Nabatieh, Litani, Deir Aames, Area, Gaza, Maroun, Jerusalem, Geneva
Norwegian Cruise Line – Shares popped 10% on the heels of a Citi upgrade to buy from neutral. Citi said the company should see significant growth in earnings per share that can drive earnings upside and expand the margin. Reddit – The social forum stock gained close to 2% after Jefferies began coverage on the name with a buy rating. Helen of Troy – The housewares stock soared more than 19% after the company's second-quarter earnings beat Wall Street's expectations. Chewy – The pet product online retailer saw shares rising 3% after TD Cowen initiated coverage on the stock with a buy rating.
Persons: Jefferies, John Colantuoni, Rio, GitLab, Morgan Stanley, Helen of Troy –, Helen of Troy, FactSet, TD Cowen, Chewy, , Alex Harring, Yun Li, Lisa Kailai Han, Jesse Pound Organizations: Cruise, Citi, Bayer – U.S, Washington Supreme, Sky Valley Education Center, Monsanto, Rio Tinto, Boeing –, Boeing, Department, Google Locations: Washington, Rio, U.S
"We reiterate our Overweight rating on the name as NVDA remains our Top Pick." JPMorgan reiterates Charles Schwab as overweight JPMorgan raised its price target on the stock to $86 per share from $78. "We are initiating coverage of Morningstar (MORN) with a Buy rating and a $390 price target. Wells Fargo reiterates Tesla as underweight Wells says it remains "skeptical" heading into Tesla's robotaxi day later this week. "We are initiating coverage of MBX Biosciences with an Overweight rating and Dec 2025 price target of $30."
Persons: Cantor Fitzgerald, Cantor, TD Cowen, Cowen, Wolfe, Wells, Bernstein, Oppenheimer, Goldman Sachs, Milton, Irma, JPMorgan, Charles Schwab, Morningstar, Redburn, Goldman, Tesla, TSLA, Key, Affirm's, it's, Morgan Stanley, it's bullish, Abbott, Susquehanna, KeyBanc Organizations: Anheuser Busch InBev, InBev, Humana, STARS, Microsoft, Disney, JPMorgan, UBS, Biotech, Legend Biotech, Barclays, Optimus, Qualcomm, Express, American Express, Netflix, Bicara Therapeutics, Abbott Labs, Howmet Aerospace, Commercial Aerospace & Defense, Bank of America, Apple, MBX Biosciences, Delta, Argus, McDonald's Corp Locations: China, Wells Fargo, F4Q17, 1H26, Tesla's
Cramer's Stop Trading: Abbott Labs
  + stars: | 2024-10-07 | 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 EmailCramer's Stop Trading: Abbott LabsCNBC’s Jim Cramer explains why he is keeping an eye on shares of Abbott Labs.
Persons: Jim Cramer Organizations: Abbott, Abbott Labs
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Oil prices also continued their climb higher on escalating tensions in the Middle East — though Jim Cramer cautioned investors against chasing the concurrent rally in energy stocks at this point. 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, downgrades, We'll, Morgan Stanley, Wells Fargo, Jim, Abbott, Louis, Stocks, Jim Cramer's Organizations: CNBC, Apple, DuPont, Constellation Brands, Federal, U.S, Bank, Abbott Laboratories, FDA, CDC, NIH, Abbott Labs, Pfizer, American Express, KB, Netflix, Air Products, Chemicals, Jim Cramer's Charitable Locations: U.S, St
Nonetheless, investors could benefit by ignoring short-term noise and tracking the recommendations of top Wall Street analysts to pick stocks with attractive long-term growth potential. (See CYBR Hedge Fund Activity on TipRanks)Uber TechnologiesWe move to the ride-sharing and food delivery platform Uber Technologies (UBER). After hosting meetings with the company's management, JPMorgan analyst Doug Anmuth reaffirmed a buy rating on UBER stock with a price target of $95. Uber expects its grocery ad business to account for 5% of gross bookings over time. (See UBER Stock Buybacks on TipRanks)Meta PlatformsThis week's third stock pick is social media company Meta Platforms (META).
Persons: Matthew Hedberg, Hedberg, TipRanks, Doug Anmuth, Anmuth, Uber, Baird, Colin Sebastian, Sebastian, Claude, OpenAI's ChatGPT Organizations: Wall, RBC Capital, TAM, JPMorgan, Mobility, Meta, Meta Connect, Reality Labs
As Apple prepares Apple Intelligence to jump into Silicon Valley’s AI race, it’s relying on one of its strongest advantages: Its army of 34 million app developers. IPhone users will get their first taste of Apple Intelligence, the company’s artificial intelligence system, later this month. The company is relying on Apple Intelligence to be the strongest selling point for the iPhone 16, its latest generation of smartphones. That’s something other company’s AI chatbots cannot currently do, and to accomplish this, Apple is beckoning its army of third-party developers to fine tune their apps to collaborate with Apple Intelligence. Another drawback is that Apple Intelligence features will only be available on the latest iPhones, a small subset of the total iPhone user base.
Persons: Google’s, Siri, Apple, “ Siri, , Apple’s Kelsey Peterson, Siri conversationally, Jordan Morgan, Apple’s, Morgan, Michael Tigas, ” Tigas, Siri aren’t, Hey Siri, James, they’ve, Igor Zhadanov Organizations: Apple, Apple Intelligence, Superhuman, CNBC Locations: Siri, Readdle
Harvard students rigged their Meta Ray-Bans to do facial recognition, 404 Media reports. Nguyen told Business Insider that the experiment wasn't meant to show that popular Meta Ray-Bans are a problem. Another goal of the experiment, he said, was to help spread awareness on how to protect yourself digitally against facial recognition software. Meta's glasses can't recognize faces by defaultA spokesperson for Meta told Business Insider, "To be clear, Ray-Ban Meta glasses do not have facial recognition technology. Facial recognition.
Persons: Andrew Bosworth, , AnhPhu Nguyen, Caine Ardayfio, LhxModhDpk, Meta Ray, Meta, Nguyen, Ray, Insider's Peter Kafka, Bosworth, It's Organizations: Service, Media, Harvard, Business, Meta, Google, BuzzFeed, Reality Labs, European Union, IDC Locations: Illinois , Texas
Harvard students rigged their Meta Ray-Bans to do facial recognition, 404 Media reports. Nguyen told Business Insider that the experiment wasn't meant to show that popular Meta Ray-Bans are a problem. Another goal of the experiment, he said, was to help spread awareness on how to protect yourself digitally against facial recognition software. Meta's glasses can't recognize faces by defaultA spokesperson for Meta told Business Insider, "To be clear, Ray-Ban Meta glasses do not have facial recognition technology. Facial recognition.
Persons: Andrew Bosworth, , AnhPhu Nguyen, Caine Ardayfio, LhxModhDpk, Meta Ray, Meta, Nguyen, Ray, Insider's Peter Kafka, Bosworth, It's Organizations: Service, Media, Harvard, Business, Meta, Google, BuzzFeed, Reality Labs, European Union, IDC Locations: Illinois , Texas
CNN —Up to 600 people were shot dead in a matter of hours by al Qaeda-linked militants in an August attack on a town in Burkina Faso, according to a French government security assessment that nearly doubles the death toll cited in earlier reports. A series of coups across Mali, Burkina Faso and Niger led to the departure of French and American forces. The Russian mercenaries summoned by the juntas to bolster their grip have instead left a vacuum in which jihadists have thrived, says the assessment, given to CNN by a French security official. A view of the town of Barsalogho, Burkina Faso, where up to 600 people were killed by al Qaeda-linked militants in an August attack, according to a French government security assessment. CNN has reviewed videos of the alleged cannibalism that seem to show Burkina Faso soldiers dismembering and holding up body parts of apparent dead jihadists.
Persons: al, Nusrat al, JNIM, , jihadists, , I’m, Fear, Ibrahim Traore, Zero ”, Burkina Faso’s, Traore, , Wagner, group’s, Yevgeny Prigozhin, Donat Sorokin, Organizations: CNN, Getty, United Nations, Reuters, , Burkina Faso’s, Civil Service, Labs Inc, Rapid Locations: al Qaeda, Burkina Faso, Barsalogho, Africa, Islam, Mali, Sahel, West Africa, United States, jihadists, Niger, Tawori, Bamako, Burkina, France, Moscow, Ukraine, Ouagadougou, Russian, Russia, Saint Petersburg, BIR, Togo, Kompienga, Togolese, Qaeda
If Israel decides to go that route, it remains an open question what parts of Iran’s oil sector Israel would try to attack. An attack on Iran’s oil industry could drive up oil prices and jolt the global economy. NuclearBiden said this week that the U.S. opposed any strikes on Iran’s nuclear program. Iran denies it has ever sought to build nuclear weapons and says its nuclear program is designed for civilian purposes. A 2015 nuclear agreement between Iran and world powers limited Iran’s nuclear project in return for an easing of economic sanctions.
Persons: Israel, Iran’s, , Monica Alba, Joe Biden, , ” Biden, Fatemeh Bahrami, Nuclear Biden, Benjamin Netanyahu, Donald Trump Organizations: U.S, Energy, NBC News, Persian Gulf, Nuclear, Getty, of Atomic Scientists Locations: Iran, Tehran, Israel, Strait, Hormuz, Persian, U.S, Persian Gulf Star, Bandar Abbas, Fordow, Isfahan, Khondab, Iranian
Here's where OpenAI's 11 cofounders are now
  + stars: | 2024-10-03 | by ( Jyoti Mann | ) www.businessinsider.com   time to read: +7 min
Most of OpenAI's cofounders have left the startup, with some going to rivals. Here's where all 11 of its cofounders are now and how many remain at the $157 billion company. Here's where all of the 11 cofounders are now. According to her LinkedIn profile, she used to work at Facebook as an AI research engineer before joining Stripe as a software engineer in 2016. OpenAI and none of its 11 cofounders immediately responded to Business Insider's requests for comment, made outside normal working hours.
Persons: it's, Sam Altman, , OpenAI, Mira Murati, Barret Zoph, Bob McGrew, Ilya Sutskever, John Schulman, Anthropic, Jason Redmond, Altman, John Schulman Schulman, OpenAI's, Jan Leike, Schulman, Wojciech Zaremba Zaremba, Zaremba, Ekon, Musk, Ilya Sutskever Ilya Sutskever, JACK GUEZ, Getty Sutskever, Sustkever, Sustskever, Greg Brockman Brockman, he's, Kingma, Andrej Karpathy Andrej Karpathy, Karpathy, Vicki Cheung Cheung, Elon, Elon Musk, ALAIN JOCARD, Brockman, cofounding OpenAI, Pamela Vagata Vagata, Trevor Blackwell Blackwell, cofounders Organizations: Here's, Service, Getty, OpenAI's Superalignment, OpenAI, Inc, Google DeepMind, Anthropic, Tesla, San Francisco Chronicle, Hearst Newspapers, Getty Images Research, Eureka Labs, SpaceX, The Boring Company, Facebook Locations: AFP, OpenAI, cofounding, Pebblebed
OpenAI is now worth $157 billion, but it can't rest easy yet. Now comes the hard part: emerging victorious in a fiercely competitive AI industry. Though Sam Altman's company cemented its status as a frontrunner in the generative AI boom this week, securing a new $157 billion valuation after raising $6.6 billion of fresh capital from marquee investors, its leading position is hardly guaranteed. Sure, Altman's company now casts a massive shadow over the industry with its fresh $157 billion valuation. AI companies have been spending huge sums to purchase chips from Jensen Huang's Nvidia.
Persons: OpenAI, , Sam Altman's, Sam Altman, Andrew Caballero, Reynolds, Altman, Elon Musk's, Ilya Sutskever, Nathan Benaich, Dario Amodei, Jensen, Jeff Chiu, Benaich, it's, VCs Organizations: Service, Valley's, Financial, Nvidia, SoftBank, Microsoft, Elon, Air Street Capital, The New York Times, Google, Big Tech, Meta Locations: Silicon Valley, AFP
Audio engineer Theo Browne recently criticized Apple's AirPods Max for their sound quality and price. Browne, a fan of the AirPods Pro, finds the mid-range sounds of the AirPods Max disappointing. AdvertisementYou don't have to look far to see Apple's AirPods Max headphones in the wild, whether it's on your morning commute or worn by someone on TikTok. In a tweet that has now received over 800,000 views, Browne even warned people: "Do NOT buy AirPods Max." Like the other AirPods, they said the AirPods Max offers an outstanding experience with active noise cancellation, spatial audio, and transparency modes.
Persons: Theo Browne, Apple's AirPods Max, Browne, Max, , Metronomy, weirdly, Douglas Stephens, Stephens, there's, Smart, Max Smart, they'll, Antonio Villas Organizations: Service, Apple, Ping Labs, Sony, Bose, Headphones.com, Bluetooth, Philips, Sony WH Locations: retails
"All of it is very important, but the things we take for granted around us in the physical world are actually far more important." Spatial AI allows models to understand and interact with the physical world in ways previously limited to human cognition, and Nvidia is not the only one building on it. It's a spatial intelligence company building "large world models" to understand, interact with, and build on the three-dimensional world around us. AI for robotics, not just humanoid robotsIn contemplating the ultimate use of artificial intelligence, Nvidia concluded that robotics is the answer. Physical world will be changed by AI within yearsMany companies that focus on robotics and spatial intelligence are homing in on the world of manufacturing.
Persons: ChatGPT, Lebaredian, Fei, Fei Li, Andreessen Horowitz, Jensen Huang, Agustin Huerta, Globant's Huerta, Huerta Organizations: Nvidia, Stanford, Labs, Apple, North America, Franklin, Marshall College, International Locations: New Orleans, San Francisco, North, Globant, London
People want to work for a good boss just as much as they want to earn a good salary. That's why it's crucial to look for signs of a supportive manager, or a "green flag boss" as Weishaupt puts it, when you're interviewing for a new job. The one big thing I say to my team is, 'There's no mistake you can make that I can't fix.' On the other hand, if the manager responds that "people follow my lead or do what I say," Vyas says, "those are red flags." Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: don't, , Frank Weishaupt, Deepali Vyas, Vyas, We're, aren't Organizations: Owl Labs, CNBC
Meanwhile, Pivotal Research initiated coverage of Google-parent Alphabet with a buy rating and a price target that implied upside of nearly 30%. The investment firm upgraded the cleaning products maker to a buy rating from hold. Analyst Kaumil Gajrawala accompanied the move by raising his price target to $187 from $174. Simultaneously, the analyst set a new target price of $200, which is approximately 26% above Monday's close. Analyst Asiya Merchant maintained her price target of $37, which implies that shares of HP could rise 3%.
Persons: Goldman Sachs, Kaumil Gajrawala, Gajrawala, Clorox, Lisa Kailai Han, Jeffrey Wlodarczak, Wlodarczak, Zuckerberg, Raymond James, Adam Tindle, Tindle, Atlassian, Asiya Merchant, Merchant, Mark Delaney, Ford, Delaney, they've, GOOG, Kamala Harris, — Fred Imbert Organizations: CNBC, Ford Motor, Google, Jefferies, Meta, Citi, HP, HP Inc, Ford, EV, Ford Pro Locations: Monday's, China, Japan, EBIT
Microsoft on Tuesday announced a major update to Copilot, its AI system, that it says marks the first step toward creating an “AI companion” for users. The updated Copilot has new capabilities, including real-time voice interactions and the ability to interpret images and text on users’ screens. Copilot’s update also reflects Microsoft’s specific vision for how everyday people will use AI as the technology develops. Microsoft AI CEO Mustafa Suleyman contends that people need AI to be more than a productivity tool, they need it to be a kind of digital friend. “I think in the future, the first thought you’re going to have is, ‘Hey, Copilot,’” Suleyman told CNN in an interview ahead of Tuesday’s announcement.
Persons: , Bing, it’s, Mustafa Suleyman, , you’re, ’ ” Suleyman, “ You’re, “ It’s, chatbot, ” Suleyman, “ it’s, Scarlett Johansson Organizations: New, New York CNN, Microsoft, Google, CNN, New York Times, Reuters, Financial Times, Labs, Windows Locations: New York
Mira Murati announced her departure from OpenAI last week. In an X post, Murati wrote, "I'm stepping away because I want to create the time and space to do my own exploration." AdvertisementVenture capitalists are clamoring to meet with Mira Murati, the former CTO of OpenAI, as Silicon Valley expects her to start her own company soon. In a X post, Murati announced her departure from OpenAI last week. Murati wrote, "My six-and-half years with the OpenAI team have been an extraordinary privilege…There's never an ideal time to step away from a place one cherishes, yet this moment feels right."
Persons: Mira Murati, OpenAI, Murati, Ilya Sutskever, , … There's, Andrej Karpathy, Anthropic, Dario Amodei, Aravind Srinivas, Sam Altman, Mira, Bob McGrew, Barret Zoph, , Altman, Wojciech Zaremba, Zaremba Organizations: Service, Venture, Business, OpenAI, Eureka Labs, San, supercomputing, Tesla, Microsoft, Altman, Reuters Locations: Silicon, OpenAI, San Francisco
Universal Music Group, Sony Music Entertainment and Warner Music Group sued the AI music companies Uncharted Labs and Suno this summer over software that allows users to create music from text prompts, alleging that copyrighted songs have been used without permission to train the AI. Websites like Sound Draw, Musicfy, AIVA and Boomy allow users to easily create music with AI using different inputs. AI music companies say the new ease of use allows users who might not have previously been able to easily create music to generate their own content. this is so cool.”In Denver, Speer led a course on AI music tools using Boomy for young musicians. Some of the local artists who performed at Youth on Record’s festival support integrating AI technology into music education and production.
Persons: Billie Eilish, Stevie Wonder, Nicki Minaj, , , Cassie Speer, , ” Speer, they’re, we’ll, Musicfy, Grimes, Speer, Regi Worles, Worles, Mitchell, Boomy, Michael Merola, Michael, Genevieve Libien Organizations: BBL, Universal Music Group, Sony Music Entertainment, Warner Music Group, Labs, Universal Music, NBC, Arts Education Data, , Hollywood, Associated Press Locations: NBCUniversal, Boomy, U.S, Canadian, Denver, Tennessee
China's massive shipbuilding industry is key to its military's naval modernization. But military corruption and future maintenance issues raise questions about long-term sustainability. AdvertisementChina's shipbuilding industry is at the core of its efforts to modernize its navy, producing new warships at astonishing speeds. This important national ambition gives tremendous support to China's shipbuilding empire. Over the years, there have been signs of extensive corruption documented within the shipbuilding industry, as well as other parts of China's defense industry.
Persons: , Gerald R, it's, it'll, Brian Hart, Matthew Funaoile, Funaoile, That's, Mike Sweeney, Sweeney Organizations: Service, of Naval Intelligence, Navy, Department of Defense, US Navy, Ford, Pentagon, Liberation Army Navy, Getty, Jiangnan Shipyard, Zhonghua Shipyard, China Power, Center for Strategic, International Studies, Getty Images, CSIS, Business, China State Shipbuilding Corporation, PLA, People's Liberation Army, Planet Labs PBC, U.S . Navy, Maxwell, Defense Locations: China, Fujian, Jiangnan, Getty Images China, Dalian, Huangpu Wenchong, Hong Kong, Hudong, Shanghai, Beijing, Wuhan
The best-performing Club stocks during the topsy-turvy third quarter are all outside the "Magnificent Seven" and AI-winner complexes. Starbucks: 25.2% New CEO Brian Niccol is the reason why Starbucks' stock is on the list. Best Buy: 18.6% The electronics retailer is another rate-cut winner: More people moving means more purchases of appliances and TVs. In fact, the reasons to own Best Buy are underappreciated by investors, JPMorgan analysts said in a note to clients Friday. Like Stanley Black & Decker and Best Buy, Home Depot is a beneficiary of increased housing sector activity.
Persons: , Stanley Black, Decker, Brian Niccol, Eli Lilly, Lilly, there's, Jim Cramer's, Jim Cramer, Jim, Donald Allan , Jr, Chris Taylor Organizations: Reserve, Starbucks, Deutsche Bank, GE Healthcare, Novo Nordisk, Abbott Laboratories, Abbott Labs, GE, JPMorgan, CNBC, The New York Stock Exchange, NYSE Global Locations: U.S, China
Meta unveiled its Orion AR glasses at the Meta Connect 2024 developer conference. Meta's CTO explained why it was important to show what the investment led to — even if you can't buy the glasses yet. But on Wednesday's Meta Connect 2024 developer conference, the CEO was finally able to unveil what many of those billions had been spent developing: the Orion AR glasses. AdvertisementMeta's Orion AR glasses, which feature displays built into the lenses and an array of sensors. AdvertisementMark Zuckerberg shows off the Orion AR glasses prototype at Meta Connect 2024.
Persons: Meta, , Mark Zuckerberg's, He's, Zuckerberg, Andrew Bosworth, Stratechery's Ben Thompson, Bosworth, Mark Zuckerberg, Tim Cook, it's, Thompson Organizations: Orion, Meta, Service, Reality Labs, Facebook, Apple, Google, Apple Vision Pro, Meta's
Love it, hate it or wished it stayed under wraps, the secret on coffee badging is out, and not everyone is a fan. Some have faced repercussions: 70% of workers said they've been caught coffee badging by their bosses, and 16% are now required to be in the office for the full day. "There shouldn't be a negative connotation to coffee badging," says Frank Weishaupt, CEO of Owl Labs, who says he does it too. Being strategic about in-office time means "you're meeting with your colleagues, you're mentoring employees, you're being mentored or you're doing other collaboration activities," he says. Coffee badging, on the other hand, can boost productivity, he says, by inspiring teams to audit their calendars and be intentional about their in-person collaboration versus independent work time.
Persons: they've, doesn't, Frank Weishaupt, Weishaupt, he's Organizations: Owl Labs, CNBC
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