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☆ 41-year-old's living room side hustle brings in $121,400 a year: It's 'the right balance between hustle and happiness'
▼ + stars: | 2024-10-31 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

And it inspired the part-time endoscopy nurse's lucrative side hustle, which she launched from her living room in Manahawkin, New Jersey. Walsh, a lifelong crafter, opened her Etsy shop MegansMenagerie in 2009. If her Etsy income falters, she can pick up more nursing hours, she adds. Here, Walsh discusses juggling her side hustle with her nursing job, avoiding burnout and why she's happy with a side hustle isn't guaranteed to make money forever. It's not easy, and you need to find the right balance between hustle and happiness.

Persons: they've, Megan Walsh, Walsh, it's, she's, I've, tasker Organizations: CNBC, Dodge Locations: Manahawkin , New Jersey

☆ Palo Alto shares helped by contract news, Abbott Labs braces for lawsuit ruling
▼ + stars: | 2024-10-31 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

An executive at Palo Alto Networks also posted about it on LinkedIn , without mentioning the dollar amount and duration. These headlines could be helping support shares of Palo Alto in Thursday's down market. Palo Alto did not respond to CNBC's request for comment on the licensing agreement. 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, nonfarm, Morgan Stanley, Palo, Nikesh Arora, —, Missouri —, we're, Jeff Marks, Abbott, we'll, payrolls, Jim Cramer's, Jim Organizations: CNBC, ., Nasdaq, Dow Jones Industrial, Microsoft, Meta, Boeing, Reserve, Palo Alto Networks, Department of Defense, Palo, Abbott Labs, NEC, Judicial, Apple, Coterra Energy, Intel, . Steel, Juniper Networks, Chevron, Exxon Mobil, LyondellBasell, Jim Cramer's Charitable Locations: U.S, Palo Alto, Thursday's, Missouri

☆ Why rich Trump backers aren’t scared of his inflationary economic agenda
▼ + stars: | 2024-10-31 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —The last three years have upended everything about the way we expect the economy to work. But the pandemic-era inflationary period played out unlike any other in history, and wealthy people made out like bandits. And that may be because the only real inflation we’ve seen in decades was a multi-year profit bonanza for them. And that has provided a permission structure for some wealthy Trump supporters to shrug their shoulders at his inflationary economic agenda. But it won’t be the same flavor of profit-driven inflation we’ve seen over the past three years.

Persons: CNN Business ’, That’s, Donald Trump’s, “ It’s, ”, Kent Smetters, “, we’ve, ” It’s, He’s, Harris, Josh Bivens, Bivens, ” Bivens Organizations: CNN Business, New York CNN, Wall, University of Pennsylvania’s Wharton School, Trump, Wall Street Journal Locations: New York, Ukraine

☆ Worst drought in decades develops after one of driest months in US history
▼ + stars: | 2024-10-31 | by ( Mary Gilbert | ) edition.cnn.com time to read: +6 min

CNN —One of the driest months in United States history is coming to a close after causing the worst drought in more than 20 years in parts of the East as temperatures soar well above average there. As of October 25, the average precipitation across the Lower 48 was less than an inch. Only five months in the 129 years of records have ended with less than an inch of average precipitation over the Lower 48. Flash drought happens when drought conditions increase quickly, rather than over a multi-month or yearly timeframe, according to NOAA. It’s the state’s worst drought level since 2002.

Persons: haven’t, hadn’t, hasn’t, Hurricane Helene, Milton Organizations: CNN, National Oceanic, Atmospheric Administration, New, York, East, NOAA, Associated Press, New Jersey Forest Fire, National Interagency Fire Center Locations: United States, New York City, Philadelphia, Atlanta, Central, Hurricane, Florida, Hurricane Milton, Tampa, Midwest, New Jersey, Delaware, Pennsylvania, Mississippi, Ohio, Essex County , New Jersey, Michigan , New Jersey, Massachusetts, West Coast

☆ Amazon's CEO is even more bullish on the AI opportunity
▼ + stars: | 2024-10-31 | by ( Eugene Kim | ) www.businessinsider.com time to read: +3 min

Amazon's AI services are rapidly growing, with significant demand for AWS's AI chips. AdvertisementJust when you thought Big Tech executives couldn't get more bullish on AI, Amazon CEO Andy Jassy upped the ante on Thursday. Amazon has launched a number of new AI services in recent years, including Bedrock, an AI development tool, the Rufus shopping agent, and homegrown AI chips called Inferentia and Trainium. Amazon's AI business is "growing three times faster at its stage of evolution than AWS did itself," he added. AdvertisementCustomers are realizing that AI model training and inference "could get costly" and AWS's AI chips can be "very compelling" in terms of its price, the CEO explained.

Persons: Jassy, —, couldn't, Andy Jassy, We've, unravels ChatGPT, Rufus Organizations: Service, Big Tech, Amazon, Services Locations: capex

☆ Saudi Arabia is pulling back on a global spending spree to focus on its own projects
▼ + stars: | 2024-10-30 | by ( Polly Thompson | ) www.businessinsider.com time to read: +4 min

Now the Kingdom plans to cut its foreign investment to prioritize domestic spending. AI is the new focus of investment as Saudi Arabia looks to position itself as a global technology hub. AdvertisementSaudi Arabia is pulling back on its global spending spree to focus on domestic investments. In September, Saudi Arabia held the third Global AI Summit, attracting a host of high-profile leaders and dealmakers. The new focus on domestic investment comes as Saudi Arabia's spending on Neom, its futuristic megacity in the desert, hit $1 trillion.

Persons: —, Yasir Al Rumayyan, we've, Al Rumayyan, Yasir Al, Rumayyan, Hamad I Mohammed, Uber, Andreessen Horowitz Organizations: Service, Public Investment Fund, Future Investment, Economic, REUTERS, Investors, Saudi Press Agency, Financial Times, Saudi, AI, Bloomberg, Sindalah Locations: Saudi, Saudi Arabia, Riyadh, Davos, Switzerland, Neom

☆ 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

☆ European markets set to open lower ahead of European growth data, more earnings
▼ + stars: | 2024-10-30 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

Some investors believe that under a Trump presidency, higher interest rates and inflation could lead to a more expensive dollar. But Erik Knutzen, co-chief investment officer of Neuberger Berman's Multi-Asset Strategies, says that the dollar could actually decline under a Trump administration. "Trump and his cohort actually would like to see a weaker dollar to support the American economy. Yes, the dollar may have some short-term impetus, but frankly you could probably fade that trade if Trump is not elected." Knutzen added that the dollar will probably weaken in the near term in the scenario that Trump loses the November election.

Persons: Erik Knutzen, Neuberger Berman's, Trump, — Lisa Kailai Han Organizations: Trump Locations: American

CNN has reached out to Terada for comment on the R-FBI’s role in Russian disinformation efforts, and ties to the state. Storm-1516 and R-FBI network members have spread at least 54 different disinformation narratives online since August 2023, according to Clemson and CNN’s analysis. “Does anyone believe that an American would be the spearhead of what some call the biggest Russian Disinformation operation since the cold war? TelegramAnother prominent figure in propagating Russian disinformation is American Tara Reade, a former Senate staffer who in 2020 accused then-presidential candidate Joe Biden of sexual harassment. The links between Terada’s group and other Russian disinformation efforts are at best opaque, which is likely no accident.

Persons: –, Yevgeny Prigozhin, Wagner, Mira Terada, Kamala Harris, Tim Walz, Harris, Walz, Morgan Finkelstein, “ Vladimir Putin, Donald Trump, Trump, ”, Win McNamee, ” Darren Linvill, Patrick Warren, “, Biden, Warren, Kamala, Influencers, John Mark Dougan, Dougan, he’s, Andrew Harnik, MAGA, IMbaMm8YVF, Darren Linvill, Linvill, ” Clemson, Maxim Shugaley, Terada, Vladimir Putin’s “, ” Prigozhin, Konstantin Pridybaylo, Ruslan Ostashko, Colin Gerard, Gerard, Alexander Dugin, picturing, Tara Reade, Joe Biden, Reade, ” Chay Bowes, Simeon Boikov, podcaster, Bowes, ” Warren, Sean Lyngaas, influencers Organizations: CNN, Clemson University’s, Russian Foundation, FBI, Storm, Democratic, Minnesota Gov, Clemson, Getty, NBC, Wired, Prigozhin’s, Internet Research Agency, Miami Chronicle, Boston Times, DC, IRA, Russian, Gov, National Intelligence, US State Department, Minnesota, Apple, Trump, Infrastructure Security Agency, ’, Federal Bureau, Investigation, Kremlin, Wagner Group, US Justice Department, ANO Dialog, BRICS Journalists Association, Washington Post, Center, Forensics Locations: Russian, Ukraine, West, San Francisco, Zambia, Savannah , Georgia, ”, “, American, Zambian, St . Petersburg, Florida, Moscow, Russia, Kazakhstan, Minnesota, Philadelphia , Pennsylvania, Bucks County , Pennsylvania, Bucks County ,, French, Irish, Sydney, European

Define your real estate goalsWhat are you looking to gain from real estate investing, and what risks are you willing to take? REITs (real estate investment trusts)One of the best ways to start investing in real estate as a beginner is with a real estate investment trust (REIT). Real estate limited partnershipsA real estate limited partnership (RELP) provides investors with a diversified portfolio of real estate investment opportunities. Other notable real estate books worth checking out include:"The Warren Buffet Way" By Robert G. Hagstrom"The Real Estate Investor's Guide to Flipping Houses" By J. Scott"The Intelligent Investor" By Benjamin GrahamLocal real estate investment clubsConnecting with local real estate investment enthusiasts can be a great way to engage with the real estate community and expand your knowledge. FAQs about real estate investing for beginnersHow much money do I need to start investing in real estate?

Persons: Dana Bull, Chad Carson, CoachCarson.com, Equity REITs, Richard Ratner, Ratner, Bull, —, Brandon Turner, Insider's, Robert G, Scott, Benjamin Graham Organizations: Dana Bull Real Estate Consulting, Equity, Publicly, Bel Air Investment Advisors, Property, Resources, Beginners, Benjamin Graham Local Locations: Chevron, REITs

☆ U.S. election won't be an 'uneventful event' for global markets, UBS chief says
▼ + stars: | 2024-10-30 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

The outcome of upcoming elections in the world's leading economy is set to ripple into global markets no matter who clinches leadership of the White House, UBS head Sergio Ermotti told CNBC on Wednesday. "We do expect, no matter who wins and the outcome, we do expect some market movements. Markets are bracing as voters flock to the polls on Nov. 5, with the U.S. holding both the world's foremost reserve currency and the largest stock exchange by market capitalization. Under a [Donald] Trump presidency, we see that as being inflationary on the back of his focus on immigration and on tariffs. But we don't see any outcome as being particularly growth positive.

Persons: Sergio Ermotti, CNBC's Annette Weisbach, Ermotti, Donald, Trump, Arun Sai, CNBC's Organizations: White House, UBS, CNBC, Swiss, U.S, U.S . Federal, . Treasury, Pictet Asset Management, Trump Locations: U.S

☆ King Charles and Queen Camilla take private trip to India
▼ + stars: | 2024-10-30 | by ( Max Foster | Lauren Said-Moorhouse | ) edition.cnn.com time to read: +3 min

CNN —Britain’s King Charles III and Queen Camilla made a surprise pitstop in India as they returned from their royal tour to Australia and Samoa. “Their Majesties had a short private stopover in India to help break the long journey back from Samoa,” a Buckingham Palace spokesperson said on Wednesday. Then-Prince Charles and Camilla during a visit to India on November 9, 2017 in New Delhi. The King is expected to return to regular overseas trips in 2025, according to Britain’s PA Media news agency. Charles will carry out trips in the spring and autumn, on the regular foreign royal tour schedule, so long as doctors sign off on the journeys.

Persons: CNN — Britain’s King Charles III, Queen Camilla, “, ”, King, Prince Charles, Camilla, Arthur Edwards, Charles ’, Samoa, Charles, “ We’re Organizations: CNN, Holistic Health, Britain’s, Media, CNN’s Royal Locations: India, Australia, Samoa, Bengaluru, Buckingham, Apia, London, New Delhi, Commonwealth, Britain, ”

☆ Wall Street is bullish on Amazon earnings despite uncertainty around consumer spending, rising investment costs
▼ + stars: | 2024-10-30 | by ( Filip De Mott | ) www.businessinsider.com time to read: +7 min

CFRA trimmed its Amazon price target to $219 a share on October 21, indicating 13% upside ahead. The firm has a "buy" rating on the stock and a $210 price target, which implies an 8.3% gain from current levels. The firm said investors have toned down margin expectations due to Amazon's spending in new investment areas, such as Project Kuiper. AdvertisementWedbush reiterated its "outperform" rating and $225 price target, implying a 16% gain from current levels. Morgan Stanley has a $210 price target for the stock, representing upside of about 8% from Wednesday's share price.

Persons: —, Arun Sundaram, Sundaram, Justin Post, BofA, Scott Devitt, Wedbush, Morgan Stanley, Bullish, Brian Nowak Organizations: Service, CFRA, Bank of America, Amazon Web Services, 3Q, JPMorgan, Wedbush Securities

☆ Rumble in the Jungle: The fight that defined a decade, 50 years on
▼ + stars: | 2024-10-30 | by ( Jamie Barton | ) edition.cnn.com time to read: +9 min

CNN —In many ways, Muhammad Ali vs George Foreman in the Rumble in the Jungle didn’t start on this day 50 years ago at 4:30 a.m. local time (10:30 p.m. It would be another three years before he was permitted a license to fight, and another seven before the Rumble in Jungle offered him a chance to reclaim his title. UPI/Bettmann Archive/Getty Images“To me, it was like a charity fight,” Foreman later told the BBC. APZairean men are seen inside the stadium in Kinshasa on October 30, 1974, just before the Rumble in the Jungle. AFP via Getty ImagesA portrait of President of Zaire Mobutu Sese Seko is seen at the stadium in Kinshasa during the fight.

Persons: Muhammad Ali, George Foreman, Don King, Mobutu Sese Seko, Africa’s, ”, Thomas Hauser, Ali’s, Ali, Foreman, Cassius Clay –, Sonny Liston, John F, Kennedy, Hauser, Cassius Clay, “, Richard Nixon, ‘ Ali, bomaye ’ Ali, Mobutu, James Brown, BB, Bill Withers –, ” Ali, “ Ali, bomaye, ” Foreman, “ I’d, Joe Frazier, Ken Norton, Gene Kilroy, Big George ”, Floyd Mayweather, Manny Pacquiao, Zack Clayton, Zaire Mobutu Sese Seko, Tyson Fury, Oleksandr Usyk, we’ve, ‘, ” Hauser, Muhammad Ali couldn’t Organizations: CNN, Democratic, CNN Sport, Beatles, International Boxing Hall of Fame, Islam, US Armed Forces, Jungle, AFP, Getty, AP, Blacks, American Blacks, UPI, BBC, Stade du Locations: Zaire, Democratic Republic of the Congo, New York, Vietnam, Louisville, Kinshasa, Africa, Black, American, Mai, AFP, Saudi Arabia

☆ Ether is set to gain ground on bitcoin with charts indicating 20% upside from here
▼ + stars: | 2024-10-30 | by ( ) www.cnbc.com time to read: +3 min

With bitcoin approaching a major breakout attempt and new all-time highs, it continues to attract all of the attention and rightly so. While it may seem like ether has been out of favor for a considerable length of time, it's not anything different than we've seen before over the years. Overall, there have been five relative phases – with the other two being the times when ETH outperformed BTC. But we've seen it before. Every time is different, but we've now seen bitcoin and ETH leverage technical patterns for nearly a decade now.

Persons: we've, they've, Frank Cappelleri Organizations: ETH, BTC, CNBC, NBC UNIVERSAL Locations: ETH

☆ Bringing manufacturing back to the US is a $10 trillion opportunity for the economy, Morgan Stanley says
▼ + stars: | 2024-10-30 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

Morgan Stanley estimated that bringing manufacturing back to the US could add $10 trillion to the economy. The bank pointed to a 20-year stagnation of the industrial economy as production was sent offshore. AdvertisementThe US economy could unlock trillions in value over the next decade if more manufacturing activity comes back to the US, according to Morgan Stanley. The Biden administration, meanwhile, has poured billions into its push to increase chip production in the US and boost the manufacturing and industrial sectors. The cumulative effects could be "pretty profound" across the US economy, Snyder said, with the boost to industry and manufacturing bound to raise GDP.

Persons: Morgan Stanley, —, Chris Snyder, Snyder, Morgan Stanley's, Trump, Biden Organizations: Service, Biden, of Supply Management, Commerce Department, Economic

☆ Corning CEO Wendell Weeks on Q3 results: Cyclical and secular trends are driving our growth
▼ + stars: | 2024-10-30 | 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 EmailCorning CEO Wendell Weeks on Q3 results: Cyclical and secular trends are driving our growthCorning CEO Wendell Weeks joins 'Squawk Box' to discuss the company's quarterly earnings results, the company's multi-year agreement with AT&T to expand fiber and cable networks, and more.

Persons: Wendell Weeks Organizations: Email

Legal experts say an attempt to overturn the 2024 election results would be more difficult than in 2020. And a lost Chopin waltz is discovered after 200 years. Legal experts say those changes would make another attempt to overturn the result of the election much more difficult and unlikely. If Trump attempted to overturn the election result in Congress, he’d be up against the bipartisan Electoral Count Reform Act. This election season, voters said they are disillusioned by both major parties, especially over the handling of the war in Gaza.

Persons: Andrea Mitchell, Antony Blinken’s, Chopin, Donald Trump, Trump, he’d, Matthew Sanderson, Kamala Harris, JD Vance, hadn’t, Tony Hinchcliffe, ”, Hinchcliffe —, ➡️ Elon Musk, Harris, ➡️ Jeff Bezos, “, WaPo, ➡️, Democratic Sen, Bob Casey of Pennsylvania, Isaac Herzog, Antony Blinken, Nathan Howard, Benjamin Netanyahu, Yahya Sinwar’s, Blinken, Brittany Randall, Kamberlyn Bowler, ” Randall, Freddie Freeman, Jay Johnston, Bob’s, Helene, Milton, Matthew Perry’s, Suzaenne Perry, Mustafa Hussain, Vanessa Leroy, — Zara Katz, Brooks, Jolie, Elizabeth Robinson Organizations: NBC, Trump, Count, Washington , D.C, Trump’s New, PAC, The Washington Post, Democratic, ➡️ Authorities, Getty, U.S, United Nations, West Bank ., CDC, Los Angeles Dodgers, New York Yankees, JPMorgan, Cuban, NBC News, American, RNC, Ninja Locations: Washington ,, Georgia, Trump’s New York City, Puerto Rico, Michigan, Portland , Oregon, Vancouver , Washington, Iran, Tel Aviv, AFP, Israel, Washington, Gaza, Lebanon, Beirut, U.S, Junction , Colorado, “, Dearborn , Michigan, Dearborn, Detroit

☆ 10-year Treasury yield rises above 4.3% as investors look to key data
▼ + stars: | 2024-10-29 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

ET, the yield on the 10-year Treasury was up by over 2 basis points at 4.304%. The 2-year Treasury yield was last up by less than 1 basis point at 4.146%. U.S. Treasury yields were higher on Tuesday, with the 10-year Treasury yield continuing to trade at multi-month highs as investors looked to upcoming economic data. On Tuesday investors will be watching out for fresh consumer confidence insights and home price data as well as the latest JOLTS job openings figures. Those are the first of a series of labor market related data releases slated for the week.

Organizations: Treasury, U.S, Federal, Traders, Fed

☆ Rocket builder Firefly’s new CEO is working ‘maniacally’ to scale launches, spacecraft and moon missions
▼ + stars: | 2024-10-29 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +9 min

He sees gaps in the launch market for Firefly's Alpha and coming MLV rockets, which slot into the middle of the small-to-heavy class of vehicles. Firefly has three main product lines: its rockets, Alpha and MLV; space tugs, called Elytra, and lunar landers, known as Blue Ghost. More rocketsThe company's fifth Alpha launch lifts off from Vandenberg Space Force Base in California in July 2024. A rendering of the MLV rocket. Firefly AerospaceKim sees Firefly as having a key advantage — "an engine that works" — in its Reaver engines that power the Alpha rockets.

Persons: Jason Kim, Firefly Aerospace Jason Kim, he's, Elon Musk's, ULA, Jeff Bezos, Kim, he'd, I'm, … I'm, what's, Firefly's, Trevor Mahlmann, Northrop, Aerospace Kim, Miranda, We've, MLV, Firefly's Alpha, Lockheed Martin, Simone Biles, we're Organizations: Firefly Aerospace, Aerospace, Boeing, Elon, Elon Musk's SpaceX, Firefly's Alpha, CNBC, Firefly, Alpha, California's Vandenberg Space Force Base, Industrial Partners, Vandenberg Space Force, SpaceX, Lockheed, Payload Services, NASA, Blue Locations: U.S, Austin , Texas, California's, California, Northrop's, Briggs , Texas

☆ The economy seems to be firing on all cylinders — but a veteran JPMorgan strategy chief says one underappreciated risk could cause a serious global slowdown
▼ + stars: | 2024-10-29 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

Corporate earnings growth, productivity growth, and business fixed investment all seem to be headed in the right direction as well. Related storiesThese signals have given David Kelly, JPMAM's chief global market strategist, great confidence. Such tariffs would cause "seismic shocks to the US economy," Tom Orlik, the chief economist at Bloomberg Economics, said earlier this month. Charles Schwab global investment strategy chief Jeffrey Kleintop cited tariffs as a top risk back in June. "But oddly enough, the global economy bounced back anyway.

Persons: David Kelly, —, JPMAM, Kelly, Donald Trump who's, Tom Orlik, Charles Schwab, Jeffrey Kleintop, I'd Organizations: JPMorgan Asset Management, Service, Asset Management, Federal Reserve, Bloomberg Economics, Peterson

☆ We upgraded Stanley Black & Decker stock despite the post-earnings selling
▼ + stars: | 2024-10-29 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Stanley Black & Decker reported mixed quarterly results before Tuesday's opening bell, and the stock got whacked. SWK YTD mountain Stanley Black & Decker YTD Shares of Stanley Black & Decker consolidated around an 8% decline after the release. We upgraded Stanley Black & Decker on Tuesday morning back to our buy-equivalent 1 rating on the belief the stock reaction to the print was overdone. Stanley Black & Decker Why we own it: Stanley Black & Decker is in the later innings of a multi-year restructuring plan. To honor the occasion, Donald Allan, Jr., President & CEO of Stanley Black & Decker, joined by Chris Taylor, NYSE Global Head of Advisory, rings the Opening Bell®.

Persons: Stanley Black, Decker, Stanley, Donald Allan, we're, Allan, —, Jim Cramer's, Jim Cramer, Jim, Donald Allan , Jr, Chris Taylor Organizations: Revenue, Stanley Black, Treasury, Federal, Bosch, Techtronic Industries, Management, CNBC, The New York Stock Exchange, NYSE Global Locations: Dewalt, Europe

☆ Microsoft's GitHub expands beyond OpenAI, lets developers use AI models from Anthropic, Google
▼ + stars: | 2024-10-29 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

Microsoft has a very expensive and very public relationship with artificial intelligence startup OpenAI. But one of Microsoft's most successful AI products, GitHub Copilot, is now going beyond OpenAI to give developers more choice in what models they want to use. Microsoft introduced GitHub Copilot in 2021, offering source code suggestions to software developers. Copilot relies on models from OpenAI, which has received billions of dollars in funding from Microsoft and has exploded in popularity since releasing ChatGPT in late 2022. At that point, it felt like "the right time" to add models from Anthropic and Google , Dohmke said.

Persons: Claude, Thomas Dohmke, They're, GitHub, Dohmke Organizations: Microsoft, OpenAI's, o1, CNBC, Google

☆ U.S. economy is not slowing, T. Rowe Price says
▼ + stars: | 2024-10-29 | 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 EmailU.S. economy is not slowing, T. Rowe Price saysSebastien Page, CIO & head of global multi-asset T. Rowe Price, discusses the U.S. economic outlook ahead of the country's elections.

Persons: Rowe Price, Sebastien Page Organizations: U.S

☆ Key 2025 market driver will be increase in term premium, says Neuberger Berman's Knutzen
▼ + stars: | 2024-10-29 | 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 EmailKey 2025 market driver will be increase in term premium, says Neuberger Berman's KnutzenErik Knutzen, Neuberger Berman multi-asset strategies co-CIO, joins CNBC's 'The Exchange' to discuss investing in short-term bonds, how to position ahead of the election, and more.

Persons: Neuberger Berman's Knutzen Erik Knutzen, Neuberger Berman

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