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They said the swim school failed to protect them from an alleged predator by insisting that they change in an open area instead of providing them with a private changing area. “Goldfish failed in its basic duties and obligations to protect them from such harm,” states the lawsuit, which was filed in the Oakland County Circuit Court. “There’s nothing we can say about this right now,” a woman who identified herself as a manager at the Goldfish Swim School in Rochester said when contacted Wednesday by NBC News. Aejaz, who lives about 2 miles south of the swim school in Rochester Hills, Michigan, is being held on a $2 million bond. Aejaz allegedly placed the cameras in hospital changing rooms, closets, bathrooms and private rooms.

Persons: Oumair, ”, Megan Bonanni, Jane, Oakland County Sheriff Michael Bouchard, ” Bouchard, it’s, we’re, Aejaz, videotaping, “, Karen McDonald, Mariell Lehman, he’s Organizations: Goldfish Swim, Oakland County Sheriff, Oakland, Sheriff’s, Police, Detroit Sinai Grace, Oakland County, Swim, NBC News, Henry Ford Macomb Hospital, Ascension Genesys Hospital Locations: Detroit, Rochester , Michigan, Oakland County, ”, India, U.S, Dawson , Alabama, Oakland, Rochester, Rochester Hills , Michigan, Clinton Township, Ascension, Grand Blanc

☆ How much money you'd have now if you invested $1,000 in Apple 10 years ago
▼ + stars: | 2024-10-31 | by ( Cheyenne Devon | ) www.cnbc.com time to read: 1 min

Apple has promised to bring artificial intelligence powered features to a host of its devices since June. And this week, Apple users finally got a chance to try out Apple Intelligence for themselves just ahead of the company's latest quarterly earnings report. On Oct. 28, Apple publicly released a new software update that brought Apple Intelligence, the company's branded generative artificial intelligence model, to supported iPhones, iPads and Mac devices. This first iteration includes generative AI tools that can help users with a variety of tasks, such as rewriting things like texts, emails and notes, searching for certain photos by describing what they're looking for and creating video montages, according to the Oct. 28 press release.

Persons: Apple, iPhones Organizations: Apple, Apple Intelligence

☆ Apple to report earnings as investors worry about 'mixed' iPhone demand
▼ + stars: | 2024-10-31 | by ( Kif Leswing | ) www.cnbc.com time to read: +4 min

Apple CEO Tim Cook inspects the new iPhone 16 during an Apple special event at Apple headquarters on September 09, 2024 in Cupertino, California. "That should be expected, as Apple Intelligence features (the only reason to upgrade)have yet to be rolled out in a significant way." U.S. carriers, including AT&T, Verizon and T-Mobile, have also seemed unexcited about an Apple Intelligence upgrade cycle. But research firm Counterpoint Research told CNBC in October that iPhone sales, especially for the lower-priced devices, were strong in China. WATCH: Apple Intelligence rollout could be an inflection point, says Futurum Group CEO's Daniel Newman

Persons: Tim Cook, Apple doesn't, Morgan Stanley, Erik Woodring, Davidson, Gil Luria, We're, John Stankey, Malif Atik, Apple, Luca Maestri, Maestri, Kevan Parekh, CEO's Daniel Newman Organizations: Apple, Apple Intelligence, Verizon, Mobile, Huawei, Citi, Research, CNBC, Apple Watch, LSEG, Major League Soccer Locations: Cupertino , California, Spanish, U.S, China, Apple's

Samsung Electronics on Thursday reported third-quarter sales and operating profit slightly above its own expectations, but its chip business posted a sharply lower profit from the previous quarter. The semiconductor unit reported third-quarter operating profit of 3.86 trillion won (about $2.8 billion), down 40% from the previous quarter. While its memory chip unit benefited by strong demand for its artificial intelligence and conventional server products, Samsung said "inventory adjustments negatively impacted mobile demand." While artificial intelligence drove demand for advanced nodes from its foundry unit, Samsung said mobile and PC demand underperformed. Here are Samsung's results compared with the guidance it issued earlier this month:Revenue : 79.1 trillion won vs. 79 trillion: 79.1 trillion won vs. 79 trillion Operating profit: 9.18 trillion vs. 9.1 trillion wonThose guidance figures were markedly lower than the LSEG estimate for 11.456 trillion won in operating profit.

Persons: Jun Young Organizations: Samsung Electronics, Samsung Locations: China

☆ Apple stuck it to the naysayers with better-than-feared financials, emerging iPhone 16 demand
▼ + stars: | 2024-10-31 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

While the hardware sales are certainly profitable, they pale in comparison to the profitability of Apple's Services. It's impossible to do consistently, and that's why Jim Cramer always says "own, don't trade" Apple stock. During the reported quarter, Apple returned over $29 billion to shareholders, including $3.8 billion in dividends and equivalents and another $25 billion via the repurchase of 112 million shares. Though Services sales missed the mark, gross income managed to outpace expectations thanks to significant year-over-year margin expansion. The growing installed base of active devices is of course translating into strong engagement with Apple's services.

Persons: Luca Maestri, that's, Jim Cramer, Time Cook, Apple, we're, Maestri, Jim Cramer's, Jim, Michael M Organizations: Apple, Samsung, Dell, HP Inc, of Asia, of Asia Pacific, Mac, Apple Watch, Apple Intelligence, Apple's Services, iOS, CNBC, Fifth, Santiago, Getty Locations: Apple's, Americas, Europe, Asia Pacific, Japan, Greater China, iPhones, Kantar, U.S, China, Australia, New York City

☆ How well is Apple’s AI iPhone really selling? We’ll get the first signs soon
▼ + stars: | 2024-10-31 | by ( Clare Duffy | ) edition.cnn.com time to read: +4 min

New York CNN —Apple CEO Tim Cook said the company’s Apple Intelligence AI tools would “supercharge” the iPhone 16 when he introduced the new device last month. Now the world is about to get its first glimpse of whether the promise of Apple’s artificial intelligence technology is also supercharging deflated iPhone sales. That means people who bought the iPhone 16 in the first month it was on sale didn’t have access to those AI features until just recently. That figure will include sales of earlier iPhone models that happened during the quarter, too, but could indicate that the iPhone 16 helped raise sales slightly. In the year-ago quarter, when the iPhone 15 launched, iPhone sales grew about 2.8% year-over-year.

Persons: Tim Cook, supercharge, Wall, ”, Angelo Zino, Dan Ives Organizations: New, New York CNN, Apple, Apple Intelligence, Wall, CFRA Locations: New York, China

☆ Ballot box fires: What we know about the suspect
▼ + stars: | 2024-10-31 | by ( Chris Boyette | Steve Almasy | ) edition.cnn.com time to read: +3 min

Investigators have not identified the suspect, Portland Police Chief Bob Day said Wednesday, but police have released a physical description and other information. The Portland Police Bureau has released photos of the suspected vehicle connected to the ballot box fire in Southeast Portland early Monday morning. An “incendiary device” found attached to the side of a ballot drop box in Portland, early Monday damaged ballots, but most were unaffected because of fire suppressant installed in the ballot box. Another fire was set at a ballot box in Vancouver, Washington, the same day. Investigators have also linked the two most recent incidents to a third ballot box fire on October 8, also in Vancouver.

Persons: Bob Day, ”, “ That’s, Mike Benner, suppressant, Jay Inslee Organizations: CNN, Portland Police, Police, ” Police, Volvo, Portland . The Portland Police Bureau, Workers, Washington Gov Locations: Oregon, Benner, Portland ., Southeast Portland, Portland, Vancouver , Washington, Vancouver, Columbia, Clark, Washington

☆ Chinese smartphone company Honor gets new investors as it gears up for IPO
▼ + stars: | 2024-10-31 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

Chinese smartphone company Honor has released devices that fold up to be nearly as thin as an iPhone. BEIJING — Chinese smartphone company Honor on Thursday announced backing from new investors as the Huawei spinoff prepares for an initial public offering. Honor said earlier this year it planned to start changing its shareholder structure in the fourth quarter, after which it would start the IPO process "at a suitable time." Honor spun off from Chinese telecommunications giant Huawei in November 2020 after the parent company was hit by U.S. sanctions. The company on Wednesday released its new Magic7 series of phones that can use the AI features in China.

Persons: Xingyao, — CNBC's Arjun Kharpal Organizations: Huawei, China Telecom —, Cornerstone, Wednesday Locations: BEIJING, Shenzhen, China

☆ Marc Andreessen says US carmakers need to make a $20,000 EV if they don't want to 'lose the auto industry' to China
▼ + stars: | 2024-10-31 | by ( Jaures Yip | ) www.businessinsider.com time to read: +6 min

Investors Marc Andreessen and Ben Horowitz said Chinese EVs are beating out American and European automakers. Andreessen Horowitz founders Marc Andreessen and Ben Horowitz said on their podcast that Chinese automakers have developed high-quality and affordable vehicles supported by a robust supply chain ecosystem. With the American auto industry struggling with slowing growth in its EV market, American automakers need to be able to offer a compelling $20,000 EV that also competes on quality if the US doesn't want to "lose the auto industry," Andreessen said. Andreessen said that Chinese car brands are outperforming American EV automakers in affordability and quality, calling them "super technologically sophisticated." AdvertisementTo keep up, American automakers need to be able to offer a similarly affordable and full-featured car at the $20,000 price point, Andreessen said.

Persons: Marc Andreessen, Ben Horowitz, Andreessen Horowitz, Xiaomi's, —, It's, Andreessen, they've, Horowitz, Jim Farley, " Horowitz, Elon Musk, Tesla, Musk, Xiaomi Organizations: Service, Centre, Strategic & International Studies, Ford, Porsche, Porsche Cayenne, American EV, Elon, Nissan Locations: China, Mexico, Dubai, American

☆ Sean ‘Diddy’ Combs: Grand jury hearing from witness who claims he has footage of Combs potentially victimizing celebrities
▼ + stars: | 2024-10-31 | by ( Elizabeth Wagmeister | ) edition.cnn.com time to read: +4 min

CNN —A federal grand jury has been regularly convening in the continuing criminal investigation into music mogul Sean “Diddy” Combs, three sources told CNN. Attorney Ariel Mitchell told CNN that one of her clients was summoned to testify in front of the grand jury on Thursday. “We are here to comply with the court’s order,” Mitchell told CNN over the phone, disclosing her client’s identity. Representatives for Combs did not respond to CNN’s request for comment regarding grand jury testimony. This is an ongoing investigation,” a source familiar with the current state of the investigation told CNN on Thursday.

Persons: Sean “ Diddy ” Combs, Combs, Ariel Mitchell, Mitchell, ” Mitchell, “, Damian Williams, Emily Johnson, Sean, Diddy, Christine Cornell, CNN’s Kara Scannell Organizations: CNN, US, Office, Southern, of Locations: of New York

☆ Stocks making the biggest moves midday: Reddit, Super Micro Computer, Garmin, Snap and more
▼ + stars: | 2024-10-30 | by ( Sean Conlon | ) www.cnbc.com time to read: +6 min

Reddit reported earnings of 16 cents per share, while analysts surveyed by LSEG had expected a loss of 7 cents. For the period, Garmin posted pro forma earnings of $1.99 per share on $1.59 billion in revenue. Wingstop – Shares fell around 19% after the restaurant chain missed analysts' expectations for the third quarter. Wingstop earned 88 cents per share, while analysts were looking for 95 cents per share, per LSEG. Advanced Micro Devices – Shares tumbled 9.5% after AMD gave guidance for fourth-quarter revenue of $7.5 billion, in line with analysts expectations, per LSEG.

Persons: Reddit, LSEG, EY, FactSet, Eli Lilly, XPO, Shack, Thomas Reeg, Wingstop, Chipotle, StreetAccount, Raymond James, Goldman Sachs, Alex Harring, Samantha Subin, Lisa Kailai Han, Sarah Min, Jesse Pound, Michelle Fox Organizations: Garmin, Caesars Entertainment, Google, Visa, AMD, Bloomberg, Emirates, Wall, Bank of America

☆ Microsoft set to report quarterly results after the close
▼ + stars: | 2024-10-30 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Microsoft will report results for its fiscal first quarter after the close of regular trading on Wednesday. Mobility and security services, along with some Windows revenue, will now be part of the Productivity and Business Processes unit, which includes Office software. Analysts expect $24.04 billion in revenue from the Intelligent Cloud segment that includes Azure cloud infrastructure. Amazon , which leads the cloud infrastructure market, is slated to report results after the close on Thursday. During the quarter, Microsoft worked to help customers recover after a flawed update to CrowdStrike security software brought down Windows PCs globally.

Persons: Satya Nadella, OpenAI Organizations: Partnership for Global Infrastructure, Microsoft, Productivity, Gartner, Windows, BlackRock, UBS, Capital, Nasdaq Locations: Borgo, Savelletri, Italy

☆ We see two post-earnings declines as buys, while happy to see a Tuesday laggard stabilize
▼ + stars: | 2024-10-30 | 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. Then there were selloffs in Club stocks Eli Lilly and Advanced Micro Devices after their earnings releases. 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, Eli Lilly, Lilly's, AMD's financials, Stanley Black, Decker, Estee Lauder, Jim Cramer's, Jim Organizations: CNBC, Dow, Caterpillar, Devices, Nasdaq, Microsoft, Starbucks, MGM Resorts, Linde, Merck, ConocoPhillips, Mastercard, Roblox, Myers, Jim Cramer's Charitable Locations: Bristol

☆ Here are Wednesday's biggest analyst calls: Apple, Alphabet, Snap, Boeing, First Solar, Reddit, AMD & more
▼ + stars: | 2024-10-30 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Wednesday's biggest calls on Wall Street: Bank of America reiterates Advanced Micro Devices as buy Bank of America said the stock is best positioned following earnings on Tuesday. JPMorgan reiterates First Solar as overweight The firm said the solar company is still best positioned following earnings on Tuesday. "Attractive entry point ahead of EDN's tariff review, a key value driver that could drive significant earnings growth & trigger stock re-rating. "We remain confident in BOOT's ability to deliver attractive relative earnings growth supported by compelling unit expansion opportunity." Raymond James downgrades Crocs to market perform from outperform Raymond James downgraded the shoe company following earnings citing margin pressures.

Persons: Wells, Reddit, Morgan Stanley, Raymond James, it's, Bernstein, Baird, Raymond James downgrades Qorvo, Barclays downgrades Lear, Goldman Sachs, Chipotle, Goldman, Raymond James downgrades Crocs, Wedbush downgrades Williams Organizations: Bank of America, Devices, AMD, JPMorgan, Catalyst, " Bank of America, DoJ, Citi, YouTube, Bank of, Holdings, of America, Incyte, Boeing, UBS, Barrick Gold, Barrick, Barclays, CMG, Walmart, Apple, Apple Intelligence, 3Q, 4Q, WSM Locations: China, OW, America, Sonoma

☆ AMD still has a gap to close with Nvidia's AI chips
▼ + stars: | 2024-10-30 | by ( Helen Li | ) www.businessinsider.com time to read: +4 min

AMD aims to close the gap with Nvidia, which holds 80% of the GPU market. AMD still has a large gap with Nvidia, as it lags behind in GPUs or graphics processing units. Su responded that AMD's road map "actually closed a good part of that gap" with Nvidia's products and that AMD holds an advantage in data center retrofitting. Advertisement"As much as we still believe NVDA will be hard to shake from its 80-85% AI share, AMD still has done an enviable job from virtually zero to ~5% market share," Arya wrote in a note released on Wednesday. Even if this share remains unchanged, the underlying AI growth will still provide AMD "the chance to participate," he added.

Persons: —, Lisa Su, MI350, Blackwell, Vivek Arya, Su, Piper Sandler, Harsh Kumar, We've, Arya, Morgan Stanley Organizations: AMD, Nvidia, Service, Devices, Wall Street, Bank of America Securities, Analysts, Microsoft, Meta, Google

☆ We reiterate our 1 rating on Microsoft despite its softer guidance — here's why
▼ + stars: | 2024-10-30 | by ( Jeff Marks | ) www.cnbc.com time to read: +7 min

Nearly 70% of the Fortune 500 is using Microsoft 365 Copilot and the company is seeing faster customer adoption than any other new Microsoft 365 Suite. MSFT YTD mountain Microsoft YTD Despite these positive trends and innovations, revenue guidance for next quarter fell a touch short of expectations. Microsoft 365 Commercial cloud revenue growth increased 16% year over year with seat growth up 8%. Microsoft 365 Consumer cloud revenue growth increased 7% year over year with subscribers increasing to 84.4 million from 82.4 million one quarter ago. Revenue growth ticked down sequentially to 33% annual growth, or 34% on a constant currency basis.

Persons: Nvidia's Blackwell, That's, —, Jim Cramer's, Jim Cramer, Jim, Microsoft Corporation Satya Nadella, Chalinee Thirasupa Organizations: Microsoft, Revenue, Fortune, Productivity, Dynamics, CNBC, Activision, Windows, Gaming, Microsoft Corporation Locations: OpenAI, Bangkok, Thailand

☆ Police say they think man suspected of setting fires at ballot boxes in the Portland, Oregon, area intends to strike again
▼ + stars: | 2024-10-30 | by ( Chris Boyette | Steve Almasy | ) edition.cnn.com time to read: +5 min

Fires were set at three ballot boxes in the area in the past three weeks. An “incendiary device” found attached to the side of a ballot drop box in Portland, Oregon, early Monday damaged ballots, but most were unaffected because of fire suppressant installed in the ballot box. Investigators have also linked the two incidents to a third ballot box fire on October 8, also in Vancouver, which is just across the Columbia River from Portland. All ballot boxes in Multnomah and Clark counties – where Portland and Vancouver are located, respectively – have fire suppressant installed, election officials said at a news conference Monday. In Clark County, Washington, 60% of the ballots received are from ballot drop boxes and 40% are received by mail, according to Clark County Auditor Greg Kimsey.

Persons: ”, Mike Benner, suppressant, Bob Day, “ That’s, Greg Kimsey, “, Scott, Tim Scott, CNN’s Josh Campbell, Taylor Romine Organizations: CNN — Investigators, Portland Police, Police, ”, Washington, Volvo, US Department of Homeland Security, DHS, Devices, The New York Times Locations: Oregon, Vancouver , Washington, Portland , Oregon, Portland, Vancouver, Columbia, Portland ., Multnomah, Clark, –, Washington, Oregon’s Multnomah, Clark County , Washington, Clark County

☆ Stocks making the biggest moves premarket: Eli Lilly, Caterpillar, VinFast, Alphabet and more
▼ + stars: | 2024-10-30 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

Eli Lilly — The drug maker tumbled 7.5% after missing analyst expectations for the third quarter and cutting full-year guidance. Eli Lilly earned $1.18 per share, excluding items, on $11.44 billion in revenue. Analysts polled by LSEG had anticipated earnings of $1.47 a share and $12.11 billion in revenue. Caterpillar — Shares fell more than 5% in the premarket after the industrial giant reported weaker-than-expected earnings for the third quarter. The company posted a profit of $5.17 per share, while analysts polled by LSEG had forecast earnings of $5.34 per share.

Persons: Eli Lilly, LSEG, XPO, FactSet, Qorvo, Raymond James, Reddit, —, Jesse Pound, Sarah Min, Sean Conlon, Michelle Fox, Samantha Subin, Fred Imbert Organizations: Caterpillar, Revenue, Bloomberg, Emirates, Google, Visa, AMD

☆ Dropbox lays off 20% of employees and joins Big Tech's flattening trend. Read CEO Drew Houston's memo.
▼ + stars: | 2024-10-30 | by ( Jaures Yip | ) www.businessinsider.com time to read: +3 min

Dropbox is laying off 528 employees, about 20% of its workforce, and making the company flatter. AdvertisementDropbox is the latest major company to slash its staff and flatten its organizational structure. "We've heard from many of you that our organizational structure has become overly complex, with excess layers of management slowing us down." Mark Zuckerberg instituted manager cuts and increased the average number of direct reports for Meta managers after complaining about "managers managing managers." Houston's memo to employees at the time also attributed those layoffs to headwinds and freeing up investment bandwidth for more products powered by artificial intelligence.

Persons: Drew Houston, —, I'm, Houston, We've, Andy Jassy, Mark Zuckerberg, Dropbox Organizations: Service, —, Amazon

☆ TikTok’s founder is now China’s richest person. But the country’s total number of billionaires has shrunk
▼ + stars: | 2024-10-30 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +4 min

CNN —China has a new richest person – and it’s the entrepreneur behind the wildly popular, and controversial, app TikTok. Zhang Yiming, 41, co-founder of TikTok’s parent company ByteDance, topped the 2024 Hurun China Rich List, released Tuesday. His wealth reached $49.3 billion, as assessed by research, media and investment group Hurun Inc, which publishes the ranking of the country’s richest people. ByteDance also holds China’s popular news app Toutiao and Douyin, TikTok’s sister app in China. Billionaires on the declineOverall, the number of US-dollar billionaires in China shrank to 753, down 142 from the previous year.

Persons: Zhang Yiming, Zhang’s ascendency, Hurun, TikTok, it’s, –, Zhang, Liang Rubo, ByteDance, Zhong Shanshan, Zhong, Ma, Rupert Hoogewerf, ” Organizations: CNN, Hurun Inc Locations: China, India, Britain, Canada, Australia, Beijing, Hong Kong, Macao, Taiwan

☆ We're hiking our GEHC price target, looking beyond a mixed quarter to next year's catalysts
▼ + stars: | 2024-10-30 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Organic revenue growth of 1% matched expectations. Management raised the midpoint of full-year earnings guidance despite the continued in weakness in China that has been hampering top-line organic growth. Bottom Line Results were mixed, but it comes as no surprise that the quarter was negatively impacted by weakness in China. The team continues to deliver for customers and we've seen PDx reports seven quarters of high-single-digit or double-digit organic revenue growth." Pharmaceutical Diagnostics (PDx) segment — used in radiology and nuclear medicine to deliver more precise diagnoses — was particularly strong, delivering segment revenue growth of 7% organically.

Persons: Peter Arduini, Arduini, We're, James Saccaro, Saccaro, GEHC, Jim Cramer's, Jim Cramer, Jim, Martin Schutt Organizations: GE Healthcare, Revenue, LSEG, Management, Pharmaceutical Diagnostics, General Electric, Philips, Siemens, U.S . Food, Drug Administration, GE Healthcare's, Care Solutions, CNBC, Getty Locations: China, U.S, Jena , Germany

☆ Apple updates MacBook Pro laptops with new chips, more memory for AI
▼ + stars: | 2024-10-30 | by ( Kif Leswing | ) www.cnbc.com time to read: +1 min

Apple on Wednesday introduced new MacBook Pro laptops with updated processors, in what is likely the company's last major hardware announcement of the year. Apple says the new chips are 1.8 times faster than the M1, which powered Apple's 2021 MacBook Pro. Additionally, all of the new MacBook Pro models come with at least 16GB of RAM. The more memory a computer has, the more it is capable of handling larger and more sophisticated AI models. Doubling the RAM on its laptops represents the most significant change Apple has made to its lineup of computers to better support Apple Intelligence.

Persons: Tim Cook, Apple Organizations: Apple Inc, Apple Worldwide, Apple, M4, Apple Intelligence, MacBook Locations: Cupertino , California

☆ Jim Cramer looks at what to do with Eli Lilly, AMD shares after their big slides on earnings
▼ + stars: | 2024-10-30 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Meanwhile, fellow Club stock Advanced Micro Devices fell 9.5% on Wednesday, the morning after it issued light guidance. 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, Brian Niccol, Jim, Eli Lilly, Lilly, Stocks, Jim Cramer's Organizations: CNBC, Microsoft, Starbucks, Meta, Google, Club, Nvidia, AMD, GE Healthcare, Reddit Locations: China

☆ Owner of Bronx day care where toddler died after ingesting fentanyl pleads guilty to federal charges
▼ + stars: | 2024-10-29 | by ( The Associated Press | ) www.nbcnews.com time to read: +3 min

NEW YORK — A woman who owned a New York City day care center where a toddler died after ingesting fentanyl pleaded guilty to federal drug charges Tuesday. More than a year after the September 2023 death of 22-month-old Nicholas Dominici, Grei Mendez entered the guilty plea in Manhattan to charges including conspiracy to distribute narcotics resulting in death. Earlier this month, her husband, Felix Herrera-Garcia, was sentenced to 45 years in prison after pleading guilty to drug charges and causing bodily harm. Mendez said her husband encouraged her to open the day care center, and she believed he was doing it to help her. Three other children exposed to the fentanyl at the day care survived after medics administered the overdose-reversing drug Narcan.

Persons: Nicholas Dominici, Grei Mendez, Felix Herrera, Garcia, NBC New York Mendez, ”, Mendez, ” Mendez, Damian Williams, “ Grei Mendez, “, didn’t Organizations: New, NYPD, NBC New York, Police, Prosecutors Locations: New York City, Manhattan, New York, Bronx

☆ Nasdaq jumps to record close as major tech names rise ahead of earnings
▼ + stars: | 2024-10-29 | by ( Hakyung Kim | Alex Harring | ) www.nbcnews.com time to read: +1 min

The Nasdaq Composite rose to a fresh record on Tuesday as investors readied for key corporate earnings releases, including reports from notable tech names. The tech-heavy Nasdaq advanced 0.78% to a record close of 18,712.75. Ahead of their earnings releases, shares of Meta jumped 2.6%, and Alphabet advanced 1.8% on Tuesday. This will mark the busiest week of the earnings season with more than 150 S&P 500 companies scheduled to have reported by Friday’s close. Notably, the blue-chip Dow broke a five-day losing streak, while the tech-heavy Nasdaq notched its eighth positive session of the last nine.

Persons: “ It’s, Sam Stovall, Friday’s, Jonathan Krinsky, ”, Dow Organizations: Nasdaq, Dow Jones, Microsoft, Apple, Meta, Research, Traders, Treasury, U.S

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