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☆ 6 things we’re watching in the stock market in the holiday-shortened trading week ahead
▼ + stars: | 2024-11-24 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

While the magnitude of the guidance beat was perhaps not enough to satiate the most demanding of bulls, the stock was flat on the week. Our other cybersecurity stock, CrowdStrike , is one of the main events of this holiday-shortened week on Wall Street. We added to our CrowdStrike exposure last week after the stock came under pressure due to increased geopolitical tensions . ET: Pending Home Sales Thursday, Nov. 28 Stock market closed for Thanksgiving holiday Friday, Nov. 29 Stock market closes early at 1 p.m. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Donald Trump's, HomeGoods, Tuesday's, Trump, We'll, LSEG, CrowdStrike, Dow Jones, —, Jim Cramer's, Jim Cramer, Jim Organizations: Nvidia, Dow Jones, Nasdaq, Dow, Companies, Palo Alto Networks, Federal, Home, Palo, Body, Fluence Energy, Agilent Tech, Abercrombie, Fitch, DICK'S Sporting, Dell Technologies, Autodesk, HP, Urban Outfitters, Nordstrom, Jim Cramer's Charitable, CNBC, The New York Stock Exchange, NYSE Locations: Maxx, U.S, Burlington

☆ I want to thank shortsighted stock traders for allowing us to win the long game
▼ + stars: | 2024-11-24 | by ( Jim Cramer | ) www.cnbc.com time to read: +9 min

I lost my church years ago, defrocked by the desire to teach through "Mad Money" and the Investing Club. The Investing Club owns them all except Tesla. 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: Mark Haines, Disney, Joe Kernen, David Faber, Andrew Ross Sorkin, Becky Quick, Larry Kudlow, Cramer, Haines, Rowan, Transocean, Jim Bob, Kudlow, Lazarus, Tesla, Russell, Jim Cramer's, Jim Cramer, Jim, Rob Kim Organizations: TikTok, Financial News Network, CNBC, Wall, Journal, GMA, Fox Business, Federal, Investing, Microsoft, Nvidia, Investing Club, Jim Cramer's Charitable Locations: TheStreet.com, gander

☆ AI is both a new threat and a new solution at the UN climate conference
▼ + stars: | 2024-11-24 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

AI is also ushering in an era of nuclear power, however, which is cleaner. Tech companies are investing in nuclear power plants to fuel AI data centers. Some industry leaders believe that nuclear energy might be the only reliable way to meet the demands of the AI revolution. "AI requires massive, industrial-scale amounts of energy," Franklin Servan-Schreiber, the CEO of nuclear energy startup Transmutex, previously told Business Insider. According to the Financial Times, last week, at the UN COP29 climate summit in Baku, Azerbaijan, Big Tech companies flew under the radar more than usual.

Persons: Fabrice, Franklin Servan, Schreiber, Edwin Lyman, Toby Rice, EQT, Rice, Kevin Thompson, Jensen Huang Organizations: Tech, US Energy Information Administration, Companies, Google, Union of, Scientists, Wall Street, Financial Times, UN, Big Tech, McKinsey, Nvidia, Hong Kong University of Science, Technology Locations: United States, Washington ,, Baku, Azerbaijan

So let us show you everything you need to know about where to watch a free Las Vegas F1 live stream wherever you are in the world. These channels feature every race, except the Austrian option, as races alternate each weekend between ORF1 and Servus TV - ORF1 has the free Las Vegas F1 live stream. How to watch free Las Vegas F1 live streams with a VPNSign up for a VPN if you don't have one. How to watch Las Vegas F1 live stream in the USESPN is covering the remaining Formula 1 races this season, but ESPN+ and ABC also have a few, including this week's Las Vegas GP. Check price at FuboHow to watch Las Vegas F1 live stream in the UKWant a free option?

Persons: Russell, you'll, ExpressVPN, it's, FuboTV, There's Organizations: Business, Vegas, Las Vegas, ESPN, ABC, DirecTV, MLB, NHL, NFL, UFC, Hulu, Disney Plus, ESPN Sling, DirecTV Stream, Sky Sports, Sky, Premier League Locations: ORF1, Austria, Belgium, TV's

☆ DOGE coming: Beware these stocks that get the most revenue from the government
▼ + stars: | 2024-11-24 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

Investors should be wary of the impacts several companies may bear from the cost-cutting goals of President-elect Donald Trump's Department of Government Efficiency, or DOGE, according to TD Cowen. "The announcement of DOGE has led to concerns about future revenue and profitability of USG [United States government] contractors," analyst Roman Schweizer said in a Friday note to clients. "It is too early to estimate potential negative impacts to USG contractors given the limited results of prior USG reforms, but cuts are possible and there will be uncertainty for several months." In an effort to find companies that have the most at stake under potential DOGE actions, TD Cowen identified the publicly traded government contractors with the highest amount of dollars obligated in fiscal year 2023, both overall and by individual federal department. Pharmaceutical giants such as Merck , Humana and Pfizer could also be impacted by potential DOGE cuts, as the firm found they receive large sums of money primarily through contracts with the Department of Health & Human Services.

Persons: Donald Trump's, TD Cowen, DOGE, Roman Schweizer, Elon Musk's, Vivek Ramaswamy's, Musk, Tesla, Ramaswamy, Lockheed Martin, Schweizer, headcount Organizations: Donald Trump's Department, Government, USG, United, Street, Trump, Congress, U.S, Northrop Grumman, Lockheed, Dynamics, Boeing, NASA, Department of Defense, Department of State . Defense, Leidos Holdings, DoD, Pharmaceutical, Merck, Humana, Pfizer, Department of Health & Human Services Locations: United States

☆ Stock futures rise Sunday ahead of shortened trading week: Live updates
▼ + stars: | 2024-11-24 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange on Nov. 22, 2024 in New York City. U.S. stock futures climbed Sunday night as Wall Street kicked off a shortened Thanksgiving trading week. Despite this week's shortened trading week, the interest rate outlook is back in focus with the release of October's personal consumption expenditure (PCE) price index, the Federal Reserve's preferred inflation measure. On the corporate earnings front, several retailers and tech names are slated to release quarterly results during the week. On Tuesday, retailers Macy's, Nordstrom and Best Buy are reporting results, as well as tech companies CrowdStrike and Dell Technologies.

Persons: Russell, Donald Trump, Scott Bessent, Trump, Bessent, Phillip Colmar, Nordstrom Organizations: New York Stock Exchange, Dow Jones Industrial, Nasdaq, Dow, Key Square, Treasury, MRB Partners, President, Federal, Dell Technologies Locations: New York City . U.S

☆ This is the biggest question in AI right now
▼ + stars: | 2024-11-24 | by ( Lakshmi Varanasi | Lloyd Lee | ) www.businessinsider.com time to read: +4 min

AdvertisementAI leaders are rethinking data-heavy training for large language models. Traditional models scale linearly with data, but this approach may hit a dead end. Now, AI leaders are rethinking the conventional wisdom about how to train large language models. The focus on training data arises from research showing that transformers, the neural networks behind large language models, have a one-to-one relationship with the amount of data they're given. The money going into AI has largely hung on the idea that this scaling law "would hold," Scale AI CEO Alexandr Wang said at the Cerebral Valley conference this week, tech newsletter Command Line reported.

Persons: Alex Voica, Mohamed, Alexandr Wang, It's, Aidan Gomez, Gomez, Richard Socher, we're, Kevin Scott, Waleed Kadous, Uber Organizations: Meta, Google, University of Artificial Intelligence, Command, Microsoft, Sequoia Capital's, OpenAI's o1, o1 Locations: University, ChatGPT, gpt

☆ Trump's vow to use US troops for mass deportations could face intense resistance — starting from within the military
▼ + stars: | 2024-11-24 | by ( Lauren Frias | ) www.businessinsider.com time to read: +8 min

Laws sharply limit the roles that federal troops can fill in US law enforcement. National Guard troops that report to state governors can support law enforcement, but the Posse Comitatus Act bars active-duty and federalized Guardsmen from acting as law enforcement. "You can fill in the blank on who those might be, but probably more Republican governors that are more friendly to President Trump. Those who are less friendly to President Trump would maybe not be as interested in taking on this mission." AdvertisementNevitt said he thought federal troops carrying out domestic law enforcement would tarnish the "special trust" the American public holds in the military.

Persons: Trump, Donald Trump, Mark Nevitt, Karoline Leavitt, Leavitt, Gary Solis, Solis, ANGELA WEISS, Nevitt, President Trump, Thomas Homan, Homan Organizations: National Guard, Service, Trump, Guardsmen, National Guardsmen, US Navy, Marine JAG, US, Getty, Emory University, Immigration, Defense Department, Pentagon, ICE, DoD, Fox Business Network, Washington, Navy, American Locations: Wyoming, Texas, Mexico

☆ 7-Eleven is at the center of a multibillion-dollar bidding war
▼ + stars: | 2024-11-24 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

AdvertisementSeven & i Holdings, owner of 7-Eleven stores, is at the center of a three-way bidding war. Japan-based Seven & i Holdings, owner of the iconic global chain of 7-Eleven convenience stores, is at the center of an intensifying bidding war, multiple outlets reported. The 7-Eleven chain was founded in 1927 in Dallas, per The Journal. It was originally called the Southland Ice Company but was rebranded in 1946 to be called 7-Eleven based on its hours of operation. Representatives for Alimentation Couche-Tard and 7-Eleven did not immediately respond to requests for comment from Business Insider.

Persons: Alimentation, Tard, Ryuichi Isaka, Junro Ito, Ito, Masatoshi Ito, Junro, —, Yokado Organizations: Holdings, Street Journal, i's, Seven, Bloomberg, Southland Ice Company, Business Locations: Canadian, Japan, Quebec, Dallas

☆ Inside Kevin Smith's most personal venture yet: Owning his childhood movie theater
▼ + stars: | 2024-11-24 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +12 min

AdvertisementKevin Smith's SModcastle Cinemas is a shrine to the filmmaker's career. Entering SModcastle Cinemas, the New Jersey movie theater owned by filmmaker Kevin Smith, is like approaching the altar of a giant shrine to raunchy slacker-cinema. On at least one of them, a Kevin Smith movie is usually playing. AdvertisementSModcastle Cinemas is a home for all things Kevin SmithSModcastle Cinemas shows first-run movies and Kevin Smith classics. And he's hoping that when you show up, you're buying something from the concession stand, which, like any movie theater, is its lifeblood.

Persons: Kevin Smith's, Smith, Kevin Smith, Elizabeth Banks, Seth Rogen, Zack, Mark Hamill, Jay, Bob, Askew, Jason Guerrasio Smith, Dante Kicks, Randal Graves, Rick Derris, Amy, Brian O'Halloran, Dante Hicks, Jeff Anderson, Scott Mosier, Scott, SModcastle, Jason Guerrasio, Ernie O'Donnell, Kevin Smith SModcastle, it's, he's, Kevin, auctioning, Brian, Austin Zajur, Kim, Smith didn't, walling, there's Organizations: Cinemas, Miramax, Santa Monica, Santa, Atlantic Cinemas, Raiders, Kevin Smith SModcastle Cinemas, Catholic, Atlantic Highlands, Saban Films, showtime, Saban Locations: Atlantic Highlands , New Jersey, SModcastle, New Jersey, Miri, Leonardo , New Jersey, wiseass New Jersey, Los Angeles, Santa Monica, Santa, Atlantic Highlands

☆ What to know about federal employees working from home as DOGE looks to end remote work
▼ + stars: | 2024-11-24 | by ( Tami Luhby | ) edition.cnn.com time to read: +6 min

Only a small share of employees work fully remotely. During the pandemic, many departments allowed more staffers to telecommute — though about half of federal employees continued to work fully in person. Looking at all federal employees, nearly 80% of the hours they work are in person, the OMB report found. “I don’t think you can just eliminate a quarter or half of federal employees on an ad hoc basis without paralyzing the government,” he said. It could also prompt talented federal employees to seek jobs in the private sector.

Persons: CNN — Elon Musk, Vivek Ramaswamy, Ramaswamy, Donald Trump, ”, telecommute, Fareed Zakaria, Everett Kelley, Brian Riedl, “, ” Riedl Organizations: CNN, Management, Department of Government Efficiency, OMB, Federal, Department of Agriculture, Homeland Security, Treasury, General Services Administration, Education, Housing, Urban, Treasury Department, American Federation of Government Employees, District of Columbia, Department of Veterans Affairs, Border Patrol, Transportation Security Administration, Congressional, Manhattan Institute Locations: State, Interior

For most art-world buyers, a work unsubtly called “Comedian” lacked a certain a-peel. But on Wednesday, Cattelan got the last laugh as “Comedian” sold for $6.24 million, including $1 million in fees. The buyer was soon revealed to be Justin Sun, a 34-year old cryptocurrency platform founder from China and based in Switzerland. And while some who have capitalized on those assets will inevitably purchase art, artworks themselves have their own rates of return that depend more on evolutions in taste that don’t correlate with wider macroeconomic trends. Sun, the “Comedian” buyer, used his own cryptocurrency, TRX, to make the purchase, Sotheby’s said.

Persons: ”, Maurizio Cattelan, Cattelan, Justin Sun, Sun, ” Sun, ” David Galperin, Sun’s, Alex Glauber, “, ” Glauber, Leonardo da Vinci’s “ Salvatore Mundi ”, Glauber, Duchamp, Marcel Duchamp, Jianping Mei, Michael Moses, JP Mei, ” Moses, “ It’s, Moses, Sotheby’s, CoinMarketCap, Robb, Robert Allen Organizations: Basel, Association of Professional Art Advisors, The New York Times, Moses Art Market Consultancy, NBC News, Sun Locations: Italian, Miami, China, Switzerland, Americas, South Florida, millennials, Europe, South America

President-elect Donald Trump on Friday nominated Dr. Marty Makary, a pancreatic surgeon at Johns Hopkins University who's made controversial claims about Covid, as commissioner of the Food and Drug Administration. The Agency needs Dr. Marty Makary, a Highly Respected Johns Hopkins Surgical Oncologist and Health Policy Expert, to course-correct and refocus the Agency," Trump said on Truth Social. As FDA commissioner, Makary would be responsible for regulating and overseeing drugs, food, medical devices and other products, such as tobacco and cosmetics. The current FDA commissioner is Dr. Robert Califf, a cardiologist who also held the role during President Barack Obama's second term. Trump had two FDA commissioners during his first term: physician Dr. Scott Gottlieb and oncologist Dr. Stephen Hahn.

Persons: Donald Trump, Marty Makary, Johns Hopkins University who's, Makary, He's, Trump, Robert F, Kennedy Jr, He’s, Noam Galai, Kennedy, Kennedy’s, ” Makary, Dr, Paul Offit, Offit, Robert Califf, Barack Obama's, Scott Gottlieb, oncologist Dr, Stephen Hahn Organizations: Johns Hopkins University, Food and Drug Administration, Johns, World Health, Safety, National Academy of Medicine, National Academies of Science, Engineering, Medicine, Paragon Health Institute, Fox News, FDA, Agency, Johns Hopkins Surgical, Truth, HBO, Street, Biden, Health, Human Services, Children’s Hospital of Philadelphia Locations: Johns Hopkins, New York City, U.S

☆ Dining Sheds Changed the N.Y.C. Food Scene. Now Watch Them Disappear.
▼ + stars: | 2024-11-23 | by ( Pete Wells | ) www.nytimes.com time to read: +14 min

Building for the Long HaulBalthazar, SoHo, ManhattanJonah Rosenberg for The New York Times Jonah Rosenberg for The New York Times Jonah Rosenberg for The New York Times Jonah Rosenberg for The New York TimesThe Open Restaurants program was originally scheduled to end after Labor Day in 2020. Street dining at Cebu began in late 2020 with movable barricades separating diners from the traffic. Privacy on a Busy StreetDon Angie, West Village, ManhattanJonah Rosenberg for The New York Times Jonah Rosenberg for The New York Times Jonah Rosenberg for The New York Times Jonah Rosenberg for The New York TimesThe public-health rationale for outdoor dining was that fresh summer breezes could help slow the spread of the coronavirus. Jonah Rosenberg for The New York Times (Balthazar, Don Angie, Oscar Wilde). Marissa Alper for The New York Times (Cebu).

Persons: Lila Barth, Philip Guardione, Piccola Cucina, verdigris, Restaurateurs, Eric Adams, Karsten Moran, Manhattan Jonah Rosenberg, Jonah Rosenberg, Balthazar, cabanas, Ian McPheely, Keith McNally, ”, Erin Wendt, Roberta Delice, Resy, Wendt, “ We’re, Ms, Brooklyn Marissa Alper, Marissa Alper, The New York Times Michael Esposito, Esposito, I’m, Don Angie, Scott Tacinelli, Angie Rito, Rito, “ Scott, ” Mr, Tacinelli, aren’t, Manhattan Lila Barth, Stacy Pisone, Caroline Brennan, Brennan, Eduardo Kobra, Andy Warhol, Jean, Michel Basquiat, Keith Haring, Frida Kahlo, “, Rushmore, ” Ms, Pisone, “ It’s, Ayza, Zafer Sevimcok, Sevimcok, Oscar Wilde, Eden Weingart, Andrew Hinderaker Organizations: The New York Times, verdigris Beaux, City Council, Department of Transportation, New York Times, The New York, Labor, Paisley Design, cabanas, Balthazar Restaurant, American Express, Gardens, Cebu Bar, Cebu, GRT Architects, Herald Locations: SoHo, Mount Etna, New York City, Havana, New York, Rome, Buenos Aires, Dawa’s, Woodside , Queens, Manhattan, Spring, Paris, Eyesores, Gardens Cebu, Bay Ridge, Brooklyn, Cebu, West Village, Chelsea, Boston

☆ Meet Casey Means, the surgeon turned health influencer behind RFK Jr.'s MAHA movement
▼ + stars: | 2024-11-23 | by ( Julia Pugachevsky | ) www.businessinsider.com time to read: +12 min

AdvertisementDr. Casey Means and her brother Calley are helping shape RFK Jr's new approach to America's health. In a best-selling book "Good Energy," she makes a case that modern diseases are rooted in metabolic health. Robert F. Kennedy Jr. is a fan of Casey Means' work and views in the wellness space. Her mantra is that a healthy metabolism can reverse many health conditionsMeans' book promotes the pursuit of Good Energy, which she defined as great metabolic health. AdvertisementShe espouses popular advice around diet, exercise, and sleepThroughout the book, Means promotes widely agreed-upon health advice.

Persons: Casey Means, Calley, Dr, Marc Andreessen, Means, John McCain's, Donald Trump, Robert F, Kennedy Jr, Kennedy, MAHA —, Rebecca Noble, Tucker Carlson, Joe Rogan's, I've, Brad Stulberg, Christy Harrison, they've, Calley Means, Matt Harbicht, Andrew Huberman, Peter Attia, Harrison, Meredith Schneider Organizations: RFK, Stanford, Department of Health, Human Services, Wall Street Journal, Good Energy, University of Michigan, pharma, Tandem Diabetes Locations: Spain

☆ I spent 10 years and $800,000 renovating an Arkansas missile silo. It's my greatest accomplishment, but I don't recommend others try it.
▼ + stars: | 2024-11-23 | by ( Dan Latu | ) www.businessinsider.com time to read: +9 min

AdvertisementArkansas resident GT Hill purchased a missile silo, decommissioned in the 1980s, for $90,000 in 2010. He bought a $90,000 decommissioned missile silo and turned it into an Airbnb. If it's a Walking-Dead-style apocalypse, you don't want to be in a missile silo because then you're trapped inside. Lastly, I was interested in owning a missile silo because it's just kick ass. Courtesy of GT HillI found my missile silo, called Titan II, online.

Persons: Hill, I'm, It's, we're, We've, We'd, we've, Kara, Nate, Lynne Peeples, everybody's, it's Organizations: GT Hill, GT, Air Force, US, Titan Locations: Arkansas, Vilonia , Arkansas, Oregon, Searcy , Arkansas, Russia

☆ Fox hosts, cable news regulars and entertainment pros: Trump is casting a made-for-TV Cabinet
▼ + stars: | 2024-11-23 | by ( Steve Contorno | Kristen Holmes | ) edition.cnn.com time to read: +9 min

He has plucked two Fox News stars from their airwaves – Sean Duffy for Treasury secretary and Pete Hegseth to lead the Pentagon. Trump’s choice for ambassador to Israel, Mike Huckabee, had a six-year run hosting a Fox News show. As a former reality TV star, Trump is deeply attuned to the power of the small screen. Among the flurry of names for non-Cabinet roles that Trump announced Friday evening were also several former and current Fox News contributors. And Sebastian Gorka, whom Trump named senior director of counterterrorism, was a Fox contributor in 2018 and 2019.

Persons: Donald Trump’s, Sean Duffy, Pete Hegseth, Trump, Mehmet Oz, Linda McMahon, Mike Huckabee, Tulsi Gabbard, Tucker Carlson, Donald Trump, Eva Marie Uzcategui, Duffy, Rachel Campos, ”, “, Oz, Mike Waltz, Kristi Noem, Sen, Marco Rubio, Howard Luntick, Rebecca Quick, I’ve, Doug Burgum, Tom Homan, Homan, ” Trump, Matt Gaetz, Gaetz –, –, JD Vance, Scott Applewhite, Pam Bondi, Hegseth, headwinds, Chris Coons, CNN’s Manu Raju, Dr, Janette Nesheiwat, Marty Makary, Robert F, Kennedy Jr, Sebastian Gorka, Neil Gorsuch, Brett Kavanaugh, Larry Kudlow, Christina Bobb, Rupert Murdoch’s, Bret Baier, Kamala Harris, Vance, Rubio, Burgum, ” CNN’s Kate Sullivan, Manu Raju, Alayna Treene, Brian Stelter Organizations: CNN, Fox, Pentagon, Department of Education, Fox News, Trump, TV Cabinet, Fox Business, Medicare, Republicans, South Dakota Gov, Department of Homeland Security, Wall Street, CNBC, Commerce, North Dakota Gov, of, Interior, Republican, Capitol, Florida, and Drug Administration, “ Fox, Department of Health, Human Services, Salem Radio Network, National Economic Council, America News Network Locations: Israel, Mar, Palm Beach , Florida, Wisconsin, Minnesota, Pennsylvania, Florida, America, Spanish, Washington ,, Gaetz, Delaware, Ohio

☆ Stock for Sale by Cabinet Members
▼ + stars: | 2024-11-23 | by ( Lauren Hirsch | ) www.nytimes.com time to read: +1 min

As President-elect Donald Trump takes an unconventional approach to stocking his cabinet, he’s also embracing one candidate pool that has plenty of precedent: Wall Street chief executives. On Friday, Trump picked Scott Bessent, a top economic adviser and the founder of Key Square Group, a hedge fund, to be his Treasury secretary. He previously tapped Howard Lutnick, the chief executive of the financial services firm Cantor Fitzgerald, for commerce secretary. Executives appointed to government positions are often required to make extensive stock divestitures, so the path from Wall Street to Washington can be particularly complex (while also offering an opportunity to avoid certain taxes). Bessent’s potential departure from Key Square may trigger “key man provisions” that often protect clients of hedge funds if top executives leave.

Persons: Donald Trump, he’s, Trump, Scott Bessent, Howard Lutnick, Cantor Fitzgerald Organizations: Wall Street, Key Square Locations: Washington

☆ Welcome to the mullet market: Steady benchmarks in the front, crypto party in the back
▼ + stars: | 2024-11-23 | by ( Michael Santoli | ) www.cnbc.com time to read: +7 min

This market is starting to summon the lighthearted take on a mullet haircut: business in the front, party in the back. BTC.CM= YTD mountain Bitcoin, YTD Every bullish argument for bitcoin comes down to "More people will soon have more ways to buy more of it." I've tracked the interplay between bitcoin and Nvidia shares for a while. The market's immediate response was simply to allow Nvidia to hold onto the $2.3 trillion in market value it's added this year, but not to pile on more. Meaning the current pace of new money entering these funds is not as heavy relative to total market value as it was nearly four years ago.

Persons: Trump, bitcoin, I've, John Roque, Warren Pies Organizations: Nasdaq, Nvidia, Nvidia ramped, Vanda Research, Trump, 22V Research, Bloomberg, Federal Reserve, 3Fourteen Research Locations: lockstep, bitcoin

☆ Trump expected to pick Brooke Rollins to be Agriculture secretary, WSJ reports
▼ + stars: | 2024-11-23 | by ( ) www.cnbc.com time to read: +2 min

A sign of United States Department of Agriculture is seen on USDA building in Washington D.C., United States on June 21, 2023. The United States Department of Agriculture has approved selling cell-cultured chicken. (Photo by Celal Gunes/Anadolu Agency via Getty Images)U.S. President-elect Donald Trump is expected to pick Brooke Rollins, president of the America First Policy Institute, to be Agriculture secretary, The Wall Street Journal reported on Saturday. Department of Agriculture officials and staff negotiate trade deals, guide dietary recommendations, inspect meat, fight wildfires and support rural broadband, among other activities. The America First Policy Institute is a right-leaning think tank whose personnel have worked closely with Trump's campaign to help shape policy for his incoming administration.

Persons: Celal Gunes, Donald Trump, Brooke Rollins, Rollins, Trump, Kelly Loeffler Organizations: United States Department of Agriculture, Washington D.C, Anadolu Agency, Getty Images, America, Policy Institute, Street, Department of Agriculture, CNN Locations: Washington, United States, Trump's, U.S, Mexico, Canada

☆ DOGE aims to cut the number of federal workers. Here are the 20 highest-paying federal jobs.
▼ + stars: | 2024-11-23 | by ( Madison Hoff | Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

AdvertisementTrump's new Department of Government Efficiency aims to reduce the number of federal workers. Business Insider looked at the highest average salaries of federal civilian employees by occupation. The top 20 had average salaries over $160,000, with medical officers ranking No. Three of the five jobs with the highest average salaries were health-related. Financial analysis workers rounded out the top 20 highest-paying jobs on average; their largest employer, with about 300 analysts, was the Federal Deposit Insurance Corporation.

Persons: Donald Trump's, Elon Musk, Vivek Ramaswamy, Ramaswamy, Trump, Karoline Leavitt, Vance Organizations: of, Efficiency, Business, Trump's Department, Government, Tesla, GOP, Street Journal, Management, Department of Veterans Affairs, Federal Deposit Insurance Corporation, Department of Education, Department of Energy, Trump, mhoff

☆ First-of-its-kind saber-toothed kitten mummy find is covered in soft fur
▼ + stars: | 2024-11-23 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

CNN —Woolly mammoths, giant sloths and saber-toothed cats were a fact of life for early humans. Fantastic creaturesScientists compared the mummified saber-toothed baby cat (top) with a modern lion cub (bottom). courtesy Prof. Alexey V. LopatinPaleontologists excavating in Russia’s Yakutia region uncovered the first known mummy of a saber-toothed cat. The well-preserved remains, uncovered in Siberian permafrost, are nearly intact, including surprisingly soft fur and even the “toe beans” — as cat lovers call feline footpads — on its front paws. The red supergiant star, called WOH G64, is about 160,000 light-years from Earth in the Large Magellanic Cloud, which orbits the Milky Way.

Persons: Alexey V, Homotherium latidens, Amelia Earhart’s, Earhart, ”, Tony Romeo, “, Ohnaka, Jacco van, Kelly, Zach Weinersmith, Elon, Blain, we’ve, Aviv, —, Ashley Strickland, Katie Hunt, Jackie Wattles Organizations: CNN, Lockheed, ESO, Keele Observatory, UK’s Keele University, Institut, la Vision, HCL, Human Cell, SpaceX, CNN Space, Science Locations: Russia’s Yakutia, Asia, Homotherium, Howland Island, Jacco van Loon, Mars, Paris, Lyon, England

☆ Trump's pick for Treasury secretary shows there's a limit to Elon Musk's influence
▼ + stars: | 2024-11-23 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Musk recently said his choice for the influential Treasury secretary role would be Howard Lutnick. As President-elect Donald Trump assembles the key players to drive his new administration's agenda, Elon Musk is rarely far away. Trump tapped hedge fund manager Scott Bessent, the founder and chief executive of Key Square Group, to be his next Treasury secretary on Friday. Bessent, a Wall Street veteran and a top economic advisor to Trump, emerged as a favorite of the president-elect while on the campaign trail this year. The Wall Street Journal reported that Trump sought advice from Wall Street leaders for the Treasury spot, and his advisors told him that analysts would view Bessent as a stabilizing figure.

Persons: Elon, Donald Trump's, Musk, Howard Lutnick, Trump, Scott Bessent, Donald Trump, Elon Musk, Vivek Ramaswamy, Bessent, Cantor Fitzgerald, — Organizations: Mar, UFC, of Government Efficiency, Trump, Key Square, Wall Street, Senate, Street Journal, Treasury, Business Locations: Lago, Florida, New York, Trump's, United States

When we asked CNN readers for their questions about the incoming Trump 2.0 administration, we got a lot of nervous and scared feedback. AshleyPresidents have wide authority to declare a national emergency. Trump declared a national emergency when he was president the first time in order to unlock border wall funding that Congress refused to give him. Some states with Republican governors have already deployed National Guard troops to the border. Read more answered questions on Trump here.

Persons: Donald Trump’s, Ashley, Trump, Joe Biden, Read Organizations: CNN, Trump, Security, Ashley Presidents, National Guard

☆ Trump's former chief of staff says Elon Musk will have an easier time getting to Mars than making proposed DOGE cuts
▼ + stars: | 2024-11-22 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +2 min

AdvertisementMick Mulvaney said he doubts Musk can cut $2 trillion from the federal budget, per NYT. Mulvaney also told clients he doesn't think Musk will be around long enough to his cuts through. Musk and Ramaswamy outlined their cost-cutting plans in a recent opinion piece. Mick Mulvaney, President-elect Donald Trump's second chief of staff, doubts that Elon Musk will achieve his lofty goal of slashing $2 trillion from the federal budget, sources told the New York Times. Musk founded SpaceX with a goal of colonizing the Red Planet and wore an "Occupy Mars" shirt at a Trump rally in October.

Persons: Mick Mulvaney, Mulvaney, Ramaswamy, Donald Trump's, Elon, Musk, Elon Musk, Vivek Ramaswamy, doesn't, David Sacks, Palantir, Joe Lonsdale, he's, Cantor Fitzgerald, Howard Lutnick Organizations: New York Times, Actum, Times, SpaceX, Trump, Department of Government, Management, Street

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