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☆ Stock futures are little changed after major averages post winning session Live updates
▼ + stars: | 2024-10-08 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

U.S. stock futures hovered near the flatline Tuesday night following a winning session for the major averages. Dow Jones Industrial Average futures rose 11 points, or 0.03%. S&P 500 futures and Nasdaq 100 futures dipped 0.01% and 0.01%, respectively. Wall Street is coming off a strong session for the major averages as tech stocks outperformed, and oil prices eased off their highs. The S&P 500 rose nearly 1%, while the Nasdaq Composite rallied about 1.5%.

Persons: Dow, Keith Lerner, Lerner, Wells Organizations: New York Stock Exchange, Dow Jones Industrial, Nasdaq, Nvidia, Broadcom, Truist, U.S, Treasury, Fed, JPMorgan Chase Locations: what's, Wells Fargo

☆ TikTok sued by 14 states over alleged harms to children’s mental health
▼ + stars: | 2024-10-08 | by ( Clare Duffy | ) edition.cnn.com time to read: +6 min

New York CNN —A bipartisan group of 14 attorneys general from across the country filed lawsuits on Tuesday against TikTok, alleging that the platform has “addicted” young people and harmed their mental health. And last month, 42 state attorneys general called on US Surgeon General Vivek Murthy to require labels on social media apps warning of their potential harm to young users. It also alleges that TikTok “challenges,” viral trends where users try to replicate videos created by others, can encourage dangerous behavior among young users. TikTok previously cooperated with New York authorities to remove subway surfing content, the New York Times reported in January. The lawsuit seeks financial penalties against TikTok, including a requirement that the platform repay any profits it received from ads directed to New York teens or pre-teens.

Persons: TikTok, Letitia James, Rob Bonta, Vivek Murthy, ”, Alex Haurek, “ We’re, ” TikTok, “, James, “ TikTok, James ’, ” James ’, CNN’s Matt Egan Organizations: New, New York CNN, New York, US Justice Department, Harvard, New York Times, US, ”, TikTok Locations: New York, California, United States, New, Brooklyn

☆ Interior designers share the 9 trends they wish they saw more of in homes
▼ + stars: | 2024-10-08 | by ( Alyssa Towns Swantkoski | ) www.businessinsider.com time to read: +1 min

Business Insider asked interior designers which trends they wish they saw more of in people's homes. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFrom patterned powder rooms to decorative ceilings, some interior designers are in favor of ditching the minimalist aesthetic and instead embracing unique home-design choices. Business Insider asked interior designers which trends they wish they saw more people employ in their houses.

Persons: — Organizations: Service, Business Locations: people's

☆ Oil falls and Palo Alto pops — plus, the 2 stocks on our buy list Tuesday
▼ + stars: | 2024-10-08 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

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. The Club stock is up nearly 5% after Goldman Sachs put a new Street high price target of $425 a share on the cybersecurity provider. 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, we've, downgrades, Goldman Sachs, we're, We're, Helen of Troy, Jerome Powell, Jim Cramer's, Jim Organizations: CNBC, ., Stocks, Microsoft, Palo Alto Networks, The, Procter & Gamble, Honeywell International, Constellation Brands, Honeywell, Corona, Revlon, Hydro, Federal, Jim Cramer's Charitable Locations: China, Palo Alto

☆ What to expect from the market
▼ + stars: | 2024-10-08 | 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 to expect from the marketJason Hunter, JPMorgan head of technical strategy, joins ‘Money Movers’ to discuss the latest market trends, his expectation for the market, and more.

Persons: Jason Hunter, JPMorgan, ’

☆ Group of smaller stocks is primed for major gains ahead, according to Oppenheimer
▼ + stars: | 2024-10-08 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +3 min

In 2024, the small-cap benchmark Russell 2000 's 8% rise still lags the S & P 500's roughly 19% gain. However, Oppenheimer thinks there is further upside ahead for these names. The stock offers a 5% dividend yield and healthy — albeit "lumpy" — free cash flow growth, the analyst added. CCOI YTD mountain Cogent Communications in 2024 Health-care services stock Chemed is another one of Oppenheimer's favorites. The online sports-betting (OSB) data provider could surge more than 37%, based on the $10 price target Oppenheimer holds on shares.

Persons: Oppenheimer, Russell, Timothy Horan, " Horan, Horan, Chemed, Michael Wiederhorn, Wiederhorn, Jed Kelly, — CNBC's Michael Bloom Organizations: Federal Reserve, Genius Sports, National Football League, Football, Professional

☆ Tuesday analysts calls: Microsoft cut on worries over Open AI; Wells Fargo, Humana upgraded
▼ + stars: | 2024-10-08 | by ( Pia Singh | In | ) www.cnbc.com time to read: +6 min

A Wolfe Research analyst raised his view on troubled bank stock Wells Fargo, reasoning that regulatory and interest rate risks both are priced into the stock. However, analysts at Oppenheimer lowered their views on high-flying tech stock Microsoft on fears that OpenAI losses could hamper performance. Delta's stock price has gained nearly 23% this year, but is in the red for the quarter. Chubak sees downside to consensus 2026 earnings across the board for the group — but that the risk is better captured in the current valuation of major banks including Wells Fargo. WFC YTD line Wells Fargo stock performance Chubak upgraded Wells Fargo to outperform from peer perform and kept his $65 price target on the stock, which implies 13.7% potential upside.

Persons: Wolfe, Bernstein, Oppenheimer, Bernstein Bernstein, David Vernon, Vernon, — Pia Singh, Timothy Horan, Horan, Lance Wilkes, Wilkes, Steven Chubak, Wells Fargo, Chubak Organizations: CNBC, Humana, Microsoft, Southwest Airlines, STARS, Wolfe Research, WFC Locations: Wells, Delta, Vernon, Atlanta, Wells Fargo

☆ We're upgrading Honeywell after a long-awaited move. Jim Cramer says investors should act
▼ + stars: | 2024-10-08 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

Honeywell CEO Vimal Kapur showed investors the company is finally serious about remaking itself — so we're upgrading the stock. It's an aggressive move by management, given that advanced materials make up roughly 10% of overall sales. "[These are] factors that may drive a modest upward re-rating to Honeywell's stock." "They said they wanted to reshuffle their portfolio," Jim said Tuesday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Vimal Kapur, Jim Cramer, Honeywell divesting, Kapur, Cowen, Jim, Jim Cramer's Organizations: Honeywell, Club, Barclays, Carrier, Air Products, CNBC, Getty

☆ ISIS and al Qaeda presenting ‘resurgent’ terrorism threat, Britain’s MI5 chief warns
▼ + stars: | 2024-10-08 | by ( Rob Picheta | ) edition.cnn.com time to read: +4 min

McCallum’s speech comes amid a string of Western warnings about the increasing risk of state-sponsored sabotage by nations including Russia and Iran, and as wars in Ukraine and the Middle East rock global security. “We are powerfully alive to the risk that events in the Middle East directly trigger terrorist action in the UK,” he said. And al Qaeda “has sought to capitalise on conflict in the Middle East, calling for violent action.”“After a few years of being pinned well back, they’ve resumed efforts to export terrorism,” he said. The UK has joined allies including the US in loudly publicizing allegations of Russian sabotage since Moscow’s invasion of Ukraine. A third drew up plans to stab people at a music festival and shared terrorist propaganda online,” McCallum said.

Persons: ’, Ken McCallum, McCallum, ” – McCallum, ”, they’ve, ’ McCallum, ” McCallum, “, Christopher Wray Organizations: London CNN — ISIS, ISIS, British, MI5, Europe – Locations: Qaeda, United Kingdom, London, Russia, Iran, Ukraine, Britain, Europe, Salisbury , England, United States, British

☆ Aristocrat Gaming CEO: Competition is good for the industry
▼ + stars: | 2024-10-08 | 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 EmailAristocrat Gaming CEO: Competition is good for the industryAristocrat Gaming CEO Hector Fernandez talks about the latest trends in the industry.

Persons: Hector Fernandez

This has helped push mortgage rates back up near where they were this summer, when 30-year rates were above 6%. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile. But now that inflation has decelerated and the Fed is expected to cut rates soon, mortgage rates have trended down. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.

Persons: you'll, they've, Freddie Mac, it's, Fannie Mae Organizations: Federal Reserve, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Fed, Mortgage, Association Locations: Chevron

Snoopy Weekly, a now-deleted popular X account unaffiliated with the Peanuts comic, garnered backlash for a post that endorsed former President Donald Trump for the 2024 election. "Snoopy hates you btw," one fan of the cartoon wrote in response to the Snoopy Weekly endorsement, sharing a screenshot of the now- removed post. NBC News could not reach the people behind Snoopy Weekly or Dailysnoopys for comment. The Snoopy Weekly account appears to have been deleted as of Monday evening. Other Snoopy fan accounts, like badsnoopy__, have also showcased some political leanings in their posts.

Persons: Donald Trump, Charlie Brown's, he's, Gen Zers, Snoopy, Snoopyweekly, Snoopy Weekly's, Charles M, Schulz, Blake Scott Ball's, Charlie Brown’s, Ball, “ Schulz, Schultz, Mortie Turner, Billie Jean King, Franklin, Peppermint Patty, Charles Schulz, Peanuts.com Organizations: Snoopy, Hamas, NBC, Snoopy Weekly, Peanuts Worldwide, Peanuts Locations: Israel, Arizona, Georgia, Charlie Brown’s America, Oakland

A torrent of false claims has muddied details around the recovery efforts following the storm, which left hundreds dead and entire communities destroyed. That weariness has been echoed by other local officials and citizens who are still reeling from one of the worst storms in U.S. history. Trump used his high-profile return to Butler, Pennsylvania, where he was nearly killed by a gunman, to continue to spread false claims about FEMA. Even as some claims were quickly debunked, more continued to surface across platforms such as X, TikTok and Facebook. The deluge has frustrated public officials, who say they distract from rescue efforts and disorient workers trying to provide help.

Persons: Hurricane Helene, Kevin Corbin, ”, Sen, Thom Tillis, I’ve, influencers, Donald Trump, Trump, Pete Buttigieg, Elon Musk, Musk, Buttigieg, ” Musk, Helene, Deanne Criswell, ABC’s, ” Criswell, “ We’ve, Criswell, “, Roy Cooper, ” Cooper, grifters Organizations: Republican, Democratic, Federal Emergency Management Agency, Facebook, FEMA, CBS, Transportation, North Carolina Department of Public Safety, North Carolina Gov Locations: WNC, Republican North Carolina, Antarctica, Butler , Pennsylvania, “, Valdosta , Georgia

☆ 29 times royals recycled their favorite outfits
▼ + stars: | 2024-10-07 | by ( Samantha Grindell | Celia Fernandez | ) www.businessinsider.com time to read: +1 min

Many royals recycle their favorite outfits instead of wearing new clothes. Kate Middleton and Meghan Markle have both been known to repeat outfits. Go to newsletter preferences Thanks for signing up! It's also become common for royals to recycle some looks they wear to public engagements. Take a look at 29 of the best outfits royals have recycled over the years.

Persons: Kate Middleton, Meghan Markle, Princess Diana, —, It's Organizations: Service

☆ Wall Street is getting tired of Corona brewer Constellation, but Jim Cramer says to hold on
▼ + stars: | 2024-10-07 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

Jim Cramer is planning to stay in the game with Constellation Brands , despite a Wall Street firm moving to the sidelines on the Mexican beer importer. Shares of New York-based Constellation Brands fell 1.5% Monday, off their lows of the session. In the June-to-August period reported Thursday, beer sales rose 6%, compared with increases of 8%, 11% and 11.8% in its three prior quarters. In explaining why we're sticking with Constellation, Jim said Monday he liked what he heard from Constellation Brands CEO Bill Newlands during the executive's appearance Friday on "Mad Money." This uptick coincided with increased marketing spending behind its top beer brands, Newlands said.

Persons: Jim Cramer, Jim, there's, Bill Newlands, Newlands, —, Kim Crawford, Meiomi, Duckhorn, Morgan Stanley, Jim Cramer's, Justin Sullivan Organizations: Constellation Brands, Bank of America, Modelo, Corona, Constellation, CNBC Locations: York, Mexico, Corona, San Anselmo , California

☆ Wells Fargo downgrades Amazon on slowing growth expectations, Walmart competition
▼ + stars: | 2024-10-07 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The good times for Amazon may be over for now, according to Wells Fargo. "Amazon is likely still a solid margin expansion story over the long term," he added. "But as Amazon management has said multiple times, margin expansion won't be linear. We, and market consensus, likely became a bit exuberant in our extrapolation of margin expansion trends in 2023 and early '24 to '25 and beyond forecasts." "In addition to cheaper fulfillment pricing than Amazon, Walmart can match Prime's shipping speeds.

Persons: Ken Gawrelski, Gawrelski, Amazon's Organizations: North America Retail, Amazon, Services, Walmart Locations: Wells Fargo, Friday's, SPX

☆ Goldman Sachs is getting more bullish about stocks, raises S&P 500 forecast to 6,000
▼ + stars: | 2024-10-07 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The bank raised its 2024 S & P 500 target to 6,000 from 5,600. Goldman also raised its 12-month S & P 500 target to 6,300 from 6,000. But Goldman thinks ultimately earnings growth will lift markets further before the year is out. The S & P 500 is in the red for October so far. Analysts polled by FactSet expect S & P 500 earnings grew for a fifth straight quarter.

Persons: Goldman Sachs, That's, Goldman, David Kostin, Kostin, Wells, Ken Gawrelski Organizations: Evercore ISI, CNBC, Federal Reserve, FactSet, North America Retail Locations: Friday's

☆ Goldman Sachs bumps its S&P 500 price target for the 3rd time this year as it sees higher corporate profits ahead
▼ + stars: | 2024-10-07 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Goldman Sachs raised its S&P 500 year-end price target to 6,000, implying a 5% gain. AdvertisementStrategists at Goldman Sachs raised their S&P 500 year-end price target for the third time this year. The price target increase comes after Kostin and his team set an initial year-end S&P 500 price target of 4,700 late last year. AdvertisementKostin also raised the bank's 12-month S&P 500 price target to 6,300 from 6,000. Kostin's price target forecasts assume the S&P 500 continues to trade at a premium valuation of about 22x forward earnings.

Persons: Goldman Sachs, Goldman, —, Goldman's David Kostin, Kostin, Myers Squibb Organizations: Service, Myers, Warner Bros ., Communacopia Locations: Bristol, Gilead

☆ How Sri Pangulur went from building his own syndicate to co-leading Mayfield's Series B investing practice
▼ + stars: | 2024-10-07 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +7 min

He decided to formally create a syndicate called Overtime VC, investing up to $250,000 in seed and Series A rounds. Through Overtime, Pangulur invested nearly $20 million in 65 companies, with a focus on enterprise infrastructure and apps. Related storiesHe also continued investing through his syndicate, Overtime VC, and brought these firsthand experiences to the founders he advised. 'Cooking' at the Series BPangulur began raising his own venture fund based on the success of his syndicate fund, Overtime VC. Earlier this month, Pangulur announced two new investments he led: a $25 million Series B for billing infrastructure startup Orb and a $28 million Series B for TeamBridge, a workforce operating software startup.

Persons: Pangulur, parlayed, Mayfield, —, hackathons, Navin Chaddha, Chaddha, Lehman Organizations: Tribe Capital, Fund, Service, Security, Mayfield Fund, Case Western University, KeyBanc, Markets, Lehman Brothers, TeleSoft Partners, VC, Mayfield, Spring Fund, Chaddha Locations: Silicon Valley, Michigan, Ohio, North America, CloudFlare, —

☆ Watch CNBC's full interview with former Goldman Sachs partner Abby Joseph Cohen
▼ + stars: | 2024-10-07 | 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 EmailWatch CNBC's full interview with former Goldman Sachs partner Abby Joseph CohenAbby Joseph Cohen, Columbia Business School professor of business and former Goldman Sachs partner and chief U.S. strategist, joins 'Squawk Box' to discuss the latest market trends, state of the economy, impact of the 2024 election, and more.

Persons: Goldman Sachs, Abby Joseph Cohen Abby Joseph Cohen Organizations: Columbia Business School

See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 30-Year Mortgage Rates TodayAverage 30-year mortgage rates are hovering near 6% today, according to Zillow data. 15-Year Mortgage Rates TodayAverage 15-year mortgage rates remain in the low 5% range, according to Zillow data. Average Refinance Mortgage Rates TodayRefinance rates have inched up after dropping in September. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data.

Persons: they're, they've, you'll, Freddie Mac, it's, They'll Organizations: of Labor Statistics, Federal, Zillow, Fed Locations: U.S, Chevron

☆ The human life span may have finally plateaued. Here's what you can do to optimize your chances for a long life — and what researchers are working on next.
▼ + stars: | 2024-10-07 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +7 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Life expectancy in the US shot up at a rate of about three years per decade in the last century: from roughly age 47 in 1900 to age 77 in 2000. As more people in wealthy countries make it to old age, human life expectancy gains are nearing a plateau. The study tracks trends in their death rates and life expectancy from 1990 to 2019, before the COVID-19 pandemic started. Spending just 3% of your day exercising can mean you stay healthier for longer, an expert in healthy aging said.

Persons: —, Jay Olshansky, We've, Mick Jagger, Joe Biden, Kevin Winter, Thomas Barwick, Olskansky, Olshansky, Aubrey de Grey, De Grey, Peter Fedichev, Gero, hasn't, Fedichev Organizations: Service, Aging, University of Illinois, Business, Pfizer Locations: Chicago, Australia, France, Italy, Japan, South Korea, Spain, Sweden, Switzerland, Hong Kong

☆ Conditions bode well for a soft landing and bull market into year-end: Defiance ETFs' Jablonski
▼ + stars: | 2024-10-07 | 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 EmailConditions bode well for a soft landing and bull market into year-end: Defiance ETFs' JablonskiSylvia Jablonski, Defiance ETFs CEO and CIO, join 'Squawk Box' to discuss the latest market trends, the Fed's interest rate decision, state of the economy, and more.

Persons: Sylvia Jablonski

☆ Former Goldman Sachs partner Abby Joseph Cohen on the markets, state of economy and 2024 election
▼ + stars: | 2024-10-07 | 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 EmailFormer Goldman Sachs partner Abby Joseph Cohen on the markets, state of economy and 2024 electionAbby Joseph Cohen, Columbia Business School professor of business and former Goldman Sachs partner and chief U.S. strategist, joins 'Squawk Box' to discuss the latest market trends, state of the economy, impact of the 2024 election, and more.

Persons: Goldman Sachs, Abby Joseph Cohen Organizations: Columbia Business School

☆ Adtech is undergoing an exec shake-up as investors seize control and startups enter a new era
▼ + stars: | 2024-10-07 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +9 min

Louisa Wong stepped down as chief executive of Gamut Capital-owned XR Xtreme Reach in August. In July, Dave Clark left his role as chief executive of Triplelift. Those experts — bankers, adtech executives, and consultants — told Business Insider that the revolving door is likely to continue over the next six months as investors press adtech companies for growth. AdvertisementAs TV viewing grew fragmented, several adtech companies that took on investment in recent years positioned themselves as rivals to ratings giant Nielsen. The increasing complexity for advertisers offers opportunities for adtech companies to innovate.

Persons: —, there's, Louisa Wong, Chandler Bigelow, Doug Knopper, Jo Kinsella, Dave Clark, Triplelift, Eric Roza, Ross McCray, Peter Liguori, Axios, Chris Karl, Blackstone, Mark Wright, Wright, Karl, JEGI, Prohaska's Wright, Nielsen, hasn't, There's, Megan Clarken, Criteo, Domenic Venuto Organizations: CTV, Service, Vista Equity, Vista Credit Partners, Google, Prohaska Consulting, Public, CIL Management, Amazon, Nielsen, Walmart, Progress Partners, Horizon Media

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