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☆ Elon Musk has a lot to gain if Trump wins. A Harris presidency is more uncertain.
▼ + stars: | 2024-11-04 | by ( Ana Altchek | ) www.businessinsider.com time to read: +8 min

Musk could gain influence at the federal level if Trump is elected president. It's unclear what a Harris administration would mean for Musk and his business empire. Musk under HarrisWhile Musk could gain power, government contracts, and looser regulations under Trump, it's unclear how he might be impacted under a Harris administration. For X, which Musk has branded as the platform for freedom of speech, Gordon said a Harris administration could pressure it to ban material labeled as "misinformation." AdvertisementIt's also possible nothing would meaningfully change for Musk under a Harris administration.

Persons: Elon Musk, Donald Trump, Musk, Trump, Harris, —, He's, Francesco Trebbi, Erik Gordon, Gordon, Tesla, eyeing Musk's, Trebbi, X, Tevi Troy, Troy, Joan MacLeod Heminway, Cary Coglianese, Tom Narayan, Karoline Leavitt, Leavitt, he's, Coglianese, it's, Carl Icahn, Tim Cook, Heminway, Elon Organizations: Service, Elon, Republican Party, Trump, Trump Many, University of California Berkeley, Musk, University of Michigan's Ross School of Business, Traffic Safety Administration, SpaceX, Department of Defense, Bank of America, Center, White House, University of Tennessee, University of Pennsylvania, Penn, RBC Capital Markets, Democratic, Green New Deal, Twitter, Apple Locations: Pennsylvania, Pittsburgh, Texas, California, Mexico

☆ Presidential election offers opportunities — and risks — for ETF investors, experts say
▼ + stars: | 2024-11-04 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

Bloomberg | Bloomberg | Getty ImagesRegardless of the outcome of the U.S. presidential election, there could be some clear winners for exchange-traded funds, or ETFs, experts say. Potential winners and losersIn the months ahead, some ETFs or funds could outperform depending on the election outlook. Exchange-traded funds have steadily gained popularity among investors, with ETF assets crossing the $10 trillion mark in September — a trend experts say is largely due to advantages like lower tax bills and fees relative to mutual funds. Exchange-traded funds are generally known for passive strategies, but there has also been a surge in actively managed ETFs, with the goal of beating the performance of broader markets. watch nowHowever, most financial advisors caution against making hasty changes to your investment portfolio based on the outcome of this election.

Persons: Donald Trump, Kamala Harris —, Kim Wallace, Anu Ganti, Dow, Kristina Hooper, Harris, Invesco's Hooper, Hooper, Trump, Biden, 22V's Wallace, Wallace Organizations: Bloomberg, Getty, U.S, Democratic, ETF.com, Dow Jones Indices, Big Tech, Trump, Congress, Exchange, Federal Locations: Washington, U.S, —

☆ Southern Taurid meteor shower: When and how to see its peak
▼ + stars: | 2024-11-04 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +4 min

The Southern Taurids, the first branch of the Taurid meteors showers, will be optimally visible after midnight early Tuesday. “An advantage with (the Taurids) is that they do tend to produce bigger, brighter (meteors) compared (with) other meteor showers. The Southern and Northern Taurid meteor showers will be visible almost everywhere in the world except Antarctica, Schmoll said, as long as the constellation Taurus is visible in the sky. Every few years, the Taurid showers see an increase in the rates of meteors produced, often called the Taurid “swarm,” such as the higher rates created in 2022. This heightened activity is usually seen every three or seven years, according to the American Meteor Society.

Persons: —, Patience, ”, Shannon Schmoll, Abrams, it’s, Schmoll, Encke, ” Schmoll, “ Organizations: CNN, American Meteor Society, Abrams Planetarium, Michigan State University, NASA, Meteors, Farmers Locations: Southern, Northern, —

☆ A pro-Trump influencer says a Russian agent paid him $100 to post a fake voter fraud video. It wasn’t the first time
▼ + stars: | 2024-11-04 | by ( Isabel Rosales | Paul P. Murphy | ) edition.cnn.com time to read: +7 min

CNN —An American social media influencer said he was paid $100 by a pro-Kremlin propagandist to post a fake video of Haitian immigrants claiming to vote in the US presidential election. After speaking with CNN, AlphaFox deleted the post, which at the time had generated more than 2.6 million views. Deleted video’s message lives onAlphaFox said he was remorseful for sharing Russian disinformation, and adamant that he was the one who was tricked. “I never wanted to misinform anyone.”AlphaFox believes himself to be just “the guy who shared” a disinformation video. “Real people have become important vehicles of Russian disinformation.

Persons: influencer, Trump, Donald Trump, Kamala Harris, ”, Simeon Boikov, podcaster, Boikov, Darren Linvill, ” Linvill, ” Boikov, AlphaFox, ” AlphaFox, “, X AlphaFox, Harris, Doug Emhoff, Sean “ Diddy ” Combs, Brad Raffensperger, ” Raffensperger Organizations: CNN, Kremlin, State, Russian, Media, Clemson University, FBI, Australian Foreign Ministries, Homeland Security, AlphaFox Locations: American, Russian, Massachusetts, Georgia, Boikov, Russia, Australia, Sydney, AlphaFox, AlphaFox78

☆ 4 portfolio stocks tied to tariff-risk jump — plus, mixed signals about another
▼ + stars: | 2024-11-04 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

We're wondering if the amount of supply hitting the Treasury market is becoming more of a factor. For example, stocks with tariff risk like Club stocks Best Buy , Stanley Black & Decker , Home Depot , and Constellation Brands rallied. 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, Donald Trump, Stanley Black, Bill Newlands, Tom Jorden, It's, Piper Sandler, Piper, Wynn, Archer Daniels, Jim Cramer's, Jim Organizations: CNBC, ., Stocks, Treasury, Constellation Brands, Constellation, Energy, Wynn Resorts, Astera Labs, Diamondback Energy, Vertex Pharmaceuticals, DuPont, Archer Daniels Midland, Restaurant Brands, Emerson, Jim Cramer's Charitable Locations: Tuesday's, Modelo, Corona, Jorden, Cleveland, China

☆ New York Times tech workers are going on strike at the worst possible time
▼ + stars: | 2024-11-04 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

The New York Times' tech workers went on strike, risking disrupting the Times during the election. AdvertisementThe New York Times' tech workers went on strike Monday morning, threatening to disrupt the publication's operation during the presidential election and its aftermath. The Tech Guild, which represents workers like software developers and data analysts, said members would be picketing outside the Times' New York City headquarters. The Times Guild, which represents non-tech workers, called on Times management to complete a deal by Election Day. It's represented by the NewsGuild of New York, which also represents more than 1,400 newsroom and business employees via The New York Times Guild.

Persons: —, It's, Sulzberger Organizations: New York Times, Tech, Times, Service, Tech Guild, The Tech Guild, Company, New York Times Guild, Business, The Times, Co Locations: New York City, New York

☆ Tech partnerships with power companies for AI in doubt after government rejects key Amazon agreement
▼ + stars: | 2024-11-04 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

Technology companies' push to directly power artificial intelligence with nuclear plants hit a major roadblock, after a federal regulator rejected a request to increase power for an Amazon data center. Constellation Energy and Vistra Corp. tumbled nearly 8% and more than 3%, respectively, in sympathy. The Amazon data center campus can still use 300 megawatts of power from the Susquehanna nuclear plant, according to Talen. The FERC decision does not impact Constellation's plans to restart the Three Mile Island nuclear plant in 2028 through a power purchase agreement with Microsoft . Tech companies are increasingly turning to nuclear power because it is reliable and does not emit carbon dioxide emissions.

Persons: Vistra, Talen, Mark Christie Organizations: Federal Energy Regulatory Commission, Susquehanna, Independent, Talen Energy, Amazon, Constellation Energy, Vistra Corp, Microsoft, Tech, Nvidia, Constellation Locations: Pennsylvania, Susquehanna, Ohio, New Jersey, Talen

☆ More wealthy travelers are going on luxury safaris — some for more than $2,500 a day
▼ + stars: | 2024-11-04 | by ( Brittany Chang | ) www.businessinsider.com time to read: +7 min

Some luxury travel agencies and tour operators say they've seen an uptick in travelers booking luxury safaris. She's not alone — as of late, a growing number of travelers have been itching to go on a luxurious African safari, too. Micato SafarisLuxury tour operator Abercrombie and Kent's African safaris have always been among its best-selling vacations, the company told BI in an email. AdvertisementSome luxury travel agencies are noticing it, tooLuxury travel agency Indagare told BI in an email that safari bookings are "trending upward. AdvertisementWith such prices, some travelers might consider luxury safaris a once-in-a-lifetime experience.

Persons: —, Sophie Serrano, Serrano, " Serrano, She's, Abercrombie, buffalos —, Dennis Pinto, Safaris, Micato, Pinto, Richard Waite, Oprah, Ellen DeGeneres, — Singita, Singita, Melissa Krueger, Indagare, Scott Dunn, Julie Durso, Jackie Roth, Sophie Serrano Misty Belles, Take Serrano, Isabella John Organizations: Service, Micato's, Scott Dunn Private, Nomad, Kruger Locations: Zanzibar, Africa, Kenya, Tanzania, Rwanda, Tanzania's, Botswana, South, Umlani's

☆ As the election winds down, worries of 'bond vigilantes' and inflation hit markets
▼ + stars: | 2024-11-04 | by ( Jeff Cox | ) www.cnbc.com time to read: +6 min

Specifically, he warned about traders taking the 10-year Treasury yield , a bond market benchmark, above 5% — a level it hasn't seen since mid-2007. To be sure, there are myriad reasons why the bond market has been in a state of tumult since mid-September, political considerations of a second Trump term being just one of them. "The bond market could easily nullify the impacts of another rate cut. That's because the bond market believes the Fed is cutting rates by too much, too soon, and is therefore raising long-term inflation expectations. It could carry "higher tariffs and mass deportations, which triggers stagflation in the US including a second inflation spike," the bank said.

Persons: Donald Trump, Chip Somodevilla, Kamala Harris, Ed Yardeni, Yardeni, Trump, Harris, Kumar, it's, Karen Dynan, Trump's, Peterson, Morgan Stanley Organizations: Fiserv, Republican National Convention, Treasury, Trump, Reserve, Bond, Yardeni Research, Sri, Kumar, Peterson Institute for International Economics, Federal Reserve, JPMorgan, Republicans Locations: Milwaukee , Wisconsin, United States

☆ China urges France to get EU to arrive at palatable EV trade solution
▼ + stars: | 2024-11-04 | by ( ) www.cnbc.com time to read: +1 min

European leaders have struggled to formulate a unified Sino-European strategy, with some states echoing U.S. calls for a complete disassociation — or decoupling — while others have preferred a softer, derisking approach. China has urged France to take on "an active role" to push the European Commission towards a solution acceptable to both the European and Chinese electric vehicle industries, Beijing's commerce ministry said on Monday, citing its minister. Wang Wentao, in a meeting with French junior trade minister Sophie Primas in Shanghai on Sunday, reiterated the European Union's investigation into China's EVs is a major concern and has "seriously hindered" China-EU auto industry cooperation. The EU launched an anti-subsidy investigation into imports of Chinese-made battery EVs last year and in October voted for tariffs on those vehicles. China in the past year has launched its own investigations into European pork and dairy, and imposed temporary anti-dumping measures on imports of brandy from the EU early this month.

Persons: Wang Wentao, Sophie Primas Organizations: European Commission, French, Sunday, EU Locations: China, France, Shanghai, EU

☆ I'm a nutritionist who loves salty snacks. I swear by this air-fryer broccoli that tastes like potato chips.
▼ + stars: | 2024-11-04 | by ( Candace Nelson | ) www.businessinsider.com time to read: +2 min

I'm a nutritionist, and when I crave a crunchy snack, I like to make crispy air-fried vegetables. Here's how I make these crispy vegetables that taste like chips. I find that these vegetables, especially broccoli, are the best for this recipe since they get crispy and retain their flavor. AdvertisementSmaller pieces of broccoli get extra crispy in the air fryer. You can also toss single Brussels sprout leaves in the air fryer for an extra crunchy bite.

Persons: I'm, —, fryer, Candace Nelson Organizations: Service Locations: Brussels

☆ China on track to record lowest number of new marriages since 1980, official data shows
▼ + stars: | 2024-11-04 | by ( Nectar Gan | ) edition.cnn.com time to read: +4 min

Some 4.74 million Chinese couples registered their marriages in the first three quarters of 2024, a decrease of 16.6% from the 5.69 million recorded in the same period last year, according to data released by the Ministry of Civil Affairs on Friday. A rebound in marriages last year after stringent Covid restrictions were lifted appears to be an anomaly largely driven by pent-up demand. Many are postponing marriage and childbirth – and a growing number of young people even choose to eschew them entirely. The stubborn downward trend is also a result of changing attitudes to marriage, especially among young women who are becoming more educated and financially independent. In the first nine months of this year, some 1.96 million couples registered for divorces, a slight decline of 6,000 year-on-year, according to data from the Ministry of Civil Affairs.

Persons: ”, Cai Jingyu, – Organizations: Hong Kong CNN, Ministry of Civil Affairs, Association, China isn’t Locations: Hong Kong, China, Beijing, People’s Republic, India, Shenyang Imperial, Shenyang, Japan, South Korea

In late-September reports, strategists at J.P. Morgan and Fitch Ratings had predicted two additional interest rate trims by the end of 2024 and expect such reductions to continue into 2025. The CME Group's FedWatch tool puts the probability of a 25-basis-point cut at this week's November meeting at 98%. The current probability of the benchmark rate being taken down by another 25 basis points at the December meeting is 78%. "The end of financial repression, of zero interest rates and zero inflation, that era is over. Interest rates will be higher, will be challenged around the world.

Persons: Brendan McDermid, Saudi Arabia —, aren't, Morgan, CNBC's Sara Eisen —, Goldman Sachs, Carlyle, Morgan Stanley, Jenny Johnson, Franklin Templeton, Larry Fink, " Fink, David Solomon, Ted Pick, Pick, Francis Fukuyama Organizations: New York Stock Exchange, Reuters, Wall, Federal Reserve, Fed, Fitch, Saudi, Future Investment Initiative, Standard Chartered, CNBC, U.S . Bureau of Labor Statistics Locations: Reuters RIYADH, Saudi Arabia, U.S, BlackRock

☆ Cans of ‘fresh air’ from Lake Como on sale to tourists in Italy
▼ + stars: | 2024-11-04 | by ( Issy Ronald | ) edition.cnn.com time to read: +3 min

But now, communications company ItalyComunica says it has bottled the very air of Italy’s picturesque Lake Como and is selling these cans for €9.90 ($11) apiece. courtesy Italycomunica srlMore than 5.6 million people visited Lake Como in 2023, and the numbers are consistently growing, according to the Lombardy tourism bureau. In an attempt to capitalize on the visitor numbers, marketing specialist Davide Abagnale originally created an e-commerce site selling Lake Como posters, after seeing so many posters of San Francisco and Los Angeles on his honeymoon in 2022. “It’s a novel idea, but not for everyone,” he told CNN. Tourists can also buy cans of air in Iceland, while a Canadian company saw its sales boom in 2015 when hundreds of Chinese customers began buying its canned air.

Persons: – George, Amal Clooney, Gucci ”, srl, Davide Abagnale, ItalyComunica, “ It’s, ” Abagnale, Alessandro Rapinese, wouldn’t, “, ”, Chiara Piscitelli, Abagnale Organizations: CNN, “, Como Locations: Lake Como, Lombardy, San Francisco, Los Angeles, Como, Naples, England, Scotland, Wales, Northern Ireland, Iceland, Canadian

☆ Why social media shouldn’t be your therapist
▼ + stars: | 2024-11-04 | by ( Kara Alaimo | ) edition.cnn.com time to read: +6 min

Her book “Over the Influence: Why Social Media Is Toxic for Women and Girls — And How We Can Take It Back” was recently published by Alcove Press. It’s easy to see why: There’s a shortage of mental health providers, and it’s often expensive and difficult to get an appointment, whereas social media is at everyone’s fingertips. But it’s generally not a good idea to try to diagnose your problems on social media. Misleading posts and misdiagnosesSelf-help posts on social media often serve up simple solutions to complex problems. That’s why experts said answers are likelier to be found on an old-fashioned therapist’s sofa than social media.

Persons: Kara Alaimo, ”, Thomas Milam, Iris Telehealth, Lindsay Liben, “, Milam, Liben, he’s, ” Milam, ” Liben Organizations: Fairleigh Dickinson University, Women, Press, CNN, Getty, Autism, Canadian, of Psychiatry, app’s, Virginia Tech’s Carilion, of Medicine, American Psychiatric Association, American Psychological Association, Centers for Disease Control, PBS Locations: TikTok, Virginia, New York City

☆ 'Too much doom and gloom': OPEC chief is bullish on oil demand despite extended production cuts
▼ + stars: | 2024-11-04 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

"Well, for OPEC, we have demand growth this year at 1.9 million barrels a day," OPEC Secretary-General Haitham Al Ghais told CNBC's Dan Murphy Monday at the Adipec energy conference in Abu Dhabi. watch nowThe Vienna-based oil producer group in mid-October downwardly revised its projections for oil demand growth in the near-term, forecasting growth of 1.93 million barrels a day this year and 1.64 million barrels a day in 2025. This compared to previous forecasts of 2.03 million and 1.74 million barrels a day, respectively. The forecasts come amid a slowing Chinese economy, which has significantly hit oil demand and abundant global supply. When asked about concerns over China's economic trajectory, the OPEC chief replied: "We have China growing at 0.6 million barrels a day this year ...

Persons: Haitham Al Ghais, CNBC's Dan Murphy, Al Ghais Organizations: OPEC, International Energy Agency Locations: Abu Dhabi, Vienna, Paris, China, United States, U.S

☆ From nuclear to quantum computing, how Big Tech intends to power AI's insatiable thirst for energy
▼ + stars: | 2024-11-04 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +7 min

data center, in Navi Mumbai, India, on Thursday, Mar. Some of the options on the table include a pivot to nuclear, liquid cooling for data centers and quantum computing. A server room at a data center in India. Alongside nuclear energy and liquid cooling technology, some tech players have suggested developments within AI could help to decarbonize data centers. Aerial view of a data center owned by the US multinational and technology company Google in Santiago on October 9, 2024.

Persons: Somya Joshi, Frisio, Dhiraj Singh, Raj Hazra, Peter Herweck, Eric Schmidt, SEI's Joshi, Joshi, Hazra, Rodrigo Arangua Organizations: Yotta Data Services, Bloomberg, Getty, Big Tech, Stockholm Environment Institute, SEI, CNBC, International Energy Agency, Swiss, ABB, Microsoft, Google, Schneider Electric, Motivair Corp, Quantinuum, Afp, Honeywell Locations: Navi Mumbai, India, Mar, Stockholm, U.S, Santiago, South America, Quantinuum

☆ Chip fever has created an $11 billion debt market backed by Nvidia's AI-enabling GPUs
▼ + stars: | 2024-11-04 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

Top Wall Street lenders have created a big debt market back by red-hot Nvidia GPUs. A report from the FT says firms have made billions in loans to companies that use Nvidia chips as collateral. AdvertisementTop Wall Street firms have loaned billions to a handful of tech companies that have used Nvidia's artificial intelligence-enabling GPUs as collateral, The Finanacial Times reported. According to the FT, big financial institutions including BlackRock, Blackstone, Pimco, and Carlyle, have made over $11 billion in loans to "neocloud" companies, tech companies that provide cloud services to other tech firms building AI products. There are concerns, though, over the value of Nvidia's GPUs, with the price of existing AI chips potentially coming down as more advanced models are released and as companies potentially dial back AI spending.

Persons: —, Carlyle, Willy Wonka's Organizations: Nvidia, FT, Service, Finanacial Times, BlackRock, Blackstone, Lambda Labs, Leasing, Business Locations: Wall

☆ Joe Rogan endorses Trump on eve of the election
▼ + stars: | 2024-11-04 | by ( Alayna Treene | Kate Sullivan | ) edition.cnn.com time to read: +2 min

CNN —Popular podcast host Joe Rogan officially endorsed Donald Trump on the eve of the election, a move Trump’s team swiftly touted as a major win in the final hours of their campaign. Rogan on Monday released his latest podcast featuring a two-and-a-half-hour interview with billionaire X owner and top Trump surrogate Elon Musk. Trump, who was onstage in Pittsburgh, Pennsylvania, for his penultimate rally when Rogan made the endorsement, swiftly touted the development. “It just came over the wires that Joe Rogan just endorsed me, is that great. I really hope we can make it happen.”The Harris campaign declined to comment on Rogan’s post.

Persons: Joe Rogan, Donald Trump, Rogan, Elon Musk, ”, Trump, Joe, ” Trump, Kamala Harris ’, “, Harris, ” Rogan Organizations: CNN, Trump Locations: Pittsburgh , Pennsylvania, Austin

☆ Ambani's Reliance Jio IPO set for 2025, retail debut much later, sources say
▼ + stars: | 2024-11-04 | by ( ) www.cnbc.com time to read: +2 min

Reliance Industries' boss Ambani hasn't updated his IPO timelines after saying in 2019 that Reliance Jio and Reliance Retail would "move towards" a listing within five years. The two sources said Reliance has now firmed up plans to launch the Reliance Jio IPO in 2025 as it internally believes it has achieved a stable business and revenue stream in becoming India's No. But the retail business IPO is not expected until after 2025 as the company first needs to address some internal business and operational challenges, said the first source. Reliance Jio is set to lock horns with Elon Musk if he launches his Starlink internet service in India, and Jio, which is also backed by Google and Meta, has partnered with Nvidia to develop AI infrastructure. Reliance, however, aims for the 2025 Jio IPO to be India's biggest ever, overtaking Hyundai India's record $3.3 billion IPO this year, said the first source.

Persons: Mukesh D, Ambani, Ajay, Mukesh Ambani, Ambani hasn't, Elon Musk, Jefferies Organizations: Reliance Industries Ltd, Reuters, Reliance Industries, Reliance, KKR, General, Abu Dhabi Investment Authority, Google, Nvidia, Hyundai Locations: New Delhi, India, Mumbai, General Atlantic, Abu Dhabi

☆ Why these are the five (or six) states to watch on election night
▼ + stars: | 2024-11-04 | by ( Harry Enten | ) edition.cnn.com time to read: +6 min

The only thing that matters is getting to 270 electoral votes through the Electoral College. Meanwhile, 219 electoral votes seem to be leaning in the former president’s direction. Closing off the ‘blue wall’Looking at those battleground states, Harris has the easier path than Trump to getting to 270 electoral votes. She could win by corralling Michigan (15 electoral votes), Pennsylvania (19 electoral votes) and Wisconsin (10 electoral votes). But the bottom line is this election is most likely going to come down to five states … or maybe six.

Persons: Kamala Harris, Donald Trump, Hillary Clinton, Al Gore, Harris, there’s, Ann Selzer’s, corralling Michigan, Jacquelyn Martin, Clinton, Joe Biden, Trump, Biden, Trump’s, Chip Somodevilla Organizations: CNN, Electoral, Congressional District, Trump, Ann Selzer’s Des Moines Register, corralling, Southern Sun, State, North, Georgia, Democratic, North Carolina, Silver State Locations: Georgia, Michigan, North Carolina , Pennsylvania, Wisconsin, Arizona, Washington, Ann Selzer’s Des, Iowa, Pennsylvania, Madison , Wisconsin, North Carolina, Trump, Southern, Greensboro , North Carolina, Nevada, , Arizona, Arizona . Arizona, Silver

☆ I'm a single mom and just agreed to shared custody. The amount of 'me time' is overwhelming.
▼ + stars: | 2024-11-04 | by ( Nicola Prentis | ) www.businessinsider.com time to read: +6 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . At first, I wasn't sure what I even like doing now or who I am when I'm not a parent. My productivity had already increased due to years of balancing life as a single mom, but now, with fewer distractions, I'm scheduling marketing content six weeks ahead. On my first free week, I remember sitting at home waiting for something to happen. A taste of my old life was hard to recover fromFor the third week, I went back to Madrid to visit friends.

Persons: Nicola Prentis, She's, —, I'm, I've, it's, who's Organizations: Service Locations: Madrid, Girona, Catalunya

☆ Stock futures are flat as Wall Street readies for presidential election: Live updates
▼ + stars: | 2024-11-04 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Stock futures were little changed in overnight trading ahead of Tuesday's high-stakes U.S. presidential electionFutures tied to the Dow Jones Industrial Average added 20 points. S&P 500 futures and Nasdaq-100 futures inched about 0.1% higher. The latest poll from NBC News suggests the race is "neck and neck" between former President Donald Trump and Vice President Kamala Harris. The results could heavily affect where stocks end the year, but investors may want to brace for some near-term choppiness. Traders are pricing in 98% odds of a quarter-point cut following September's half-point reduction, according to CME Group's FedWatch Tool.

Persons: Stocks, Dow, Donald Trump, Kamala Harris, Adam Parker, Jerome Powell Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, NXP, U.S, Treasury, NBC News, Congress, Republicans, CNBC, Super Micro, Yum Brands

☆ Philadelphia DA doubts Musk's $1M-a-day giveaway 'winners' got anything besides 'big cardboard checks'
▼ + stars: | 2024-11-04 | by ( Laura Italiano | Natalie Musumeci | ) www.businessinsider.com time to read: +6 min

Has Elon Musk's $1M-a-day "lottery" distributed these windfalls, or only "big cardboard checks?" That was a question raised in court Monday by a lawyer for the Philadelphia DA, who is suing Musk. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "He was the one who presented the checks, albeit large cardboard checks," Gober said of Musk. Musk's lawyers did not address on Monday whether anyone promised a $1 million check has actually received $1 million.

Persons: Musk, —, Elon, they've, John S, Summers, Angelo Foglietta, Gober, Elon Musk, Larry Krasner, Chris Gober, Krasner, he's, Taylor Swift, I've Organizations: Elon, Philadelphia DA, Service, Elon Musk's, Democratic, Musk's, PAC, Musk, America PAC, Democrat, SpaceX Locations: Philadelphia's, Pennsylvania, Philadelphia , Pennsylvania, Philadelphia County

☆ Meta is 'net winner' on AI spending, says outperforming fund manager who previously sold the stock
▼ + stars: | 2024-11-04 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

An outperforming fund manager who previously sold Meta Platforms shares over concerns about the company's virtual reality investments is now bullish on the technology giant's artificial intelligence strategy. This optimistic stance marks a significant shift for Yiu, who revealed that his fund had previously sold out of Meta Platform shares two years ago due to concerns about the company's virtual reality investments. Meta's Reality Labs division, home to the company's virtual reality technologies and projects, took on $13.72 billion in losses in 2022 before Zuckerberg pivoted strategy. Meta is among the top 10 holdings in Yiu's Blue Whale Growth Fund, which itself is up 16.6% in 2024. Yiu's endorsement comes as Meta faces scrutiny over its ambitious AI spending plans, prompting mixed reactions from Wall Street analysts.

Persons: Stephen Yiu, Yiu, CNBC's, Metaverse, Zuckerberg, Meta, Benjamin Black, Black, Nat Schindler, Morningstar, Morningstar's Malik Ahmed Khan, Michael Bloom, Jonathan Vanian, Ari Levy Organizations: Blue, Growth, Meta, Nvidia, Labs, Wall Street, Deutsche Bank

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