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Here's our Club Mailbag email investingclubmailbag@cnbc.com — so you send your questions directly to Jim Cramer and his team of analysts. This week's question: On Sept. 16, 2015, I bought 125 shares of Nvidia as a speculation stock. As longtime followers of Jim Cramer know, our belief at the Club is that discipline trumps conviction. Do we see further upside for Nvidia shares? As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Jim Cramer, NVDA, Jim, Jensen, Lee, , you've, Jensen Huang, Donald Trump, They've, Jim Cramer's Organizations: Nvidia, NVDA, Investors, U.S, CNBC Locations: Florida, China, Taiwan
I'm not interested in Mars," Gwynne Shotwell, the SpaceX president and COO told Baron Capital founder Ron Baron at his firm's annual investment conference last week. "I don't like camping, and I think it will be a long time before Mars is nice enough — probably not in my lifetime." Nevertheless, like her boss, Shotwell's visions for SpaceX remain stratospheric: accessible space travel for all, global proliferation for satellite internet, and yes, eventually, interplanetary travel and living. SpaceX, unlike Tesla, is not traded as a public stock, and is therefore not required to post financial results. But Baron assured his investors — who can own SpaceX exposure through some of the firm's mutual funds — it has been a profitable play.
Persons: Gwynne Shotwell, Elon Musk, Elon, I'm, Ron Baron, Baron, , Shotwell Organizations: Space Exploration Technologies Corp, SpaceX, NASA, Program, CCP, Mars, Baron Capital Locations: Hawthorne , California, U.S,
The best Black Friday PS5 deals available right now include savings on console bundles, SSDs, controllers, and more. The slim PS5 console with disc drive is also on sale with a solid $75 discount. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. Sony also sells a PS5 disc drive add-on for $80, which lets you attach a disc drive to the slim version of the PS5 Digital Edition.
Persons: we're, We're Organizations: Business, Sony, Slim, NBA, Sony PlayStation, PlayStation, Black
We are buying 50 shares of GE Healthcare at roughly $81.51. Following the trade, Jim Cramer's Charitable Trust will own 975 shares of GEHC, increasing its weighting to 2.2% from about 2.1%. GE Healthcare may be best known for selling medical equipment like MRI and CT machines, but its pharmaceutical diagnostics business is what's most exciting right now. One more thing we liked was GE Healthcare commitment to expand its adjusted EBIT margins. This year, GE Healthcare expects its adjusted EBIT margin to be between 15.8% and 16%.
Persons: Jim Cramer's, Vizamyl, We've, Donald Trump, Jim Cramer, Jim Organizations: GE Healthcare, GEHC, GE, CNBC Locations: China
Morris, like thousands of other customers, was snared in the collapse of a behind-the-scenes fintech firm called Synapse and has been locked out of her account for six months as of November. Then she learned how much Evolve Bank & Trust, the lender where her funds were supposed to be held, was prepared to return to her. The crisis started in May when a dispute between Synapse and Evolve Bank over customer balances boiled over and the fintech middleman turned off access to a key system used to process transactions. Synapse helped fintech startups like Yotta and Juno, which are not banks, offer checking accounts and debit cards by hooking them up with small lenders like Evolve. But that would've required more coordination between Evolve and the other lenders that held customer funds than what ultimately happened.
Persons: Oscar Wong, Kayla Morris, Morris, Andreessen Horowitz, Jelena McWilliams, Zach Jacobs, there's, Yotta, Adam Moelis, they've, Jacobs, Andrew Meloan, Meloan, I've, ” Zach Jacobs, McWilliams, McWilliams didn't, Rayburn, Tom Williams, hadn't, Judge Martin Barash, Natasha Craft, they're, Andreatte Caliguire Organizations: Evolve Bank & Trust, Synapse, Evolve Bank, ., CNBC, FedEx, Evolve, Deposit Insurance Corp, U.S, FDIC, Trump, Federal Reserve, Federal Deposit Insurance Corporation, Financial, Prudential Regulators, Megabanks, Depository, CQ, Inc, AMG, Lineage Bank, American Bank, Indiana FedEx Locations: Texas, Tampa , Florida, Yotta, Chicago, California, Mishawaka , Indiana
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're 'still very much on soft landing schedule' as far as markets are concerned, economist saysSimon Ballard, chief economist at First Abu Dhabi Bank, discusses the outlook for markets post-U.S. election.
Persons: Simon Ballard Organizations: Abu, Abu Dhabi Bank Locations: Abu Dhabi
AdvertisementWhenever we're with my mother-in-law, she asks my son and daughter-in-law when they'll have kids. While some part of me likes the idea of being a grandparent, I don't mind if it never happens. Without fail, every time we get together, my dear mother-in-law asks, "When are you having children?" I also swore I would not ask them about having children and have since kept that promise. In that, I'm sure I'm like every other parent, wishing for a crystal ball to allay anxieties and lost sleep over what cannot be foreseen or controlled.
Persons: they'll, pinky, I've, It's, , I'm
Learn moreWe're just a week away from the busiest online shopping day of the year, and the best early Black Friday clothing deals are already well underway. So, let's get into it: here are the best Black Friday deals (thus far) on clothes, shoes, and more for you and everyone on your list. The best Black Friday shoe dealsWhen you shop for shoes from department stores like Nordstrom or Zappos early, you'll find a daily rotation of new styles leading up to Black Friday. We've also scouted comfortable walking shoes, cozy clogs, and a discount on some of the best flats we've tested. Check out our roundup of all of the best Black Friday deals.
Persons: Jenni Kayne, they've, you've, let's, you'll, We've, Pick, editor's, JW Pei, Pei, I've, Jenni Kayne's, Pant, Cole Haan, Kenneth Cole Organizations: Business, Nordstrom, Nordstrom Staff, Madewell, Everlane's, Saks Locations: Nordstrom, Madewell, West, Cashmere
The deal includes an agreement for Anthropic to use Amazon's AI chips more. The goal of all this money is mainly to get Amazon's AI chips to be used more often to train and run large language models. It's also going to help Amazon design future Trainium chips and contribute to building out an Amazon AI model development platform called AWS Neuron. The Information reported recently that Anthropic prefers to use Nvidia GPUs, rather than Amazon AI chips. In May, Bernstein analyst Stacy Rasgon told Business Insider he wasn't aware of any companies using Amazon chips at scale.
Persons: Anthropic, It's, Dario Amodei, we've, Andy Jassy, Bernstein, Stacy Rasgon, Jassy, Amodei Organizations: Amazon, Nvidia, Business, Google, Locations: Anthropic, San Francisco
Why the U.S. is growing less food
  + stars: | 2024-11-22 | by ( Natalie Rice | ) www.cnbc.com   time to read: +3 min
Fruit production is down nearly 36% in 2024 from 2003, while vegetable production is down 6.3%, according to the USDA. Imports make up a growing share of fresh produce availability, with 60% of the total fruits and 38% of vegetables in the U.S. supplied by other countries in 2021, with Mexico as the largest supplier. The U.S. prioritizes growing commodities — like corn, soybeans, wheat and sugar. And that's a big sticking point for many small to midsize farmers growing fruits and vegetables. The 2018 farm bill extended into 2024 but expired in September.
Persons: Angela Huffman, Chip Kent, Tom Vilsack Organizations: United States Department of Agriculture, USDA, Imports, Environmental Locations: States, U.S, Mexico, Locust Grove, Milton , New York
The interest rate outlook will come back into focus next week with key inflation data and Federal Reserve meeting minutes coming out ahead of Thanksgiving, as investors wrap up a major month for markets following President-elect Donald Trump's election victory. The October personal consumption expenditure (PCE) price index set to release Wednesday could dent already-dimming hopes for a December rate cut if it comes in hotter than expected. The inflation rate is expected to have increased 0.2% month over month and 2.3% year on year. Rosy expectations Even with the interest rate cut expectations coming in, investors are optimistic on the direction for stocks to close out the year and into 2025. Goldman Sachs' David Kostin this week said he expects the S & P 500 can end next year at 6,500.
Persons: Donald Trump's, , Luke O'Neill, Stocks, O'Neill, Goldman Sachs, David Kostin, Morgan Stanley's Mike Wilson, Brian Belski, Tom Hainlin, Jeff Cox Organizations: Federal Reserve, Alpha Fund, Nasdaq, Dow Jones, BMO, UBS, Bank Asset Management, Dell Technologies, Chicago, New, Richmond Fed, Devices, Autodesk, PCE Deflator, Chicago PMI Locations: U.S, Chicago
If Steel wins, that number would be 151, the same number of women serving in Congress on Election Day, and the first stall in progress since 2016, when President-elect Donald Trump won his first term. Both scenarios mean the number of women in the next Congress will also fall short of the current record of 152 women, following Texas Democratic Rep. Erica Lee Carter’s special election win this month. Senate Republican women will also meet their current record, with nine in the chamber. The number of House Republican women will decrease because of some losses and retirements, falling from 34 in the current Congress to 31 or 32, depending on Steel and Miller-Meeks’ races. After Trump’s first election in 2016, Democrats did see a surge in women running for Congress in 2018, and a wave of Republican women stepped up to run two years later in 2020.
Persons: Mary Peltola, Republican Nick Begich, Michelle Steel, Derek Tran, Steel, Mariannette Miller, Meeks, Christina Bohannon, Donald Trump, Kelly Dittmar, Erica Lee Carter’s, ” Dittmar, Maryland’s Angela Alsobrooks, Delaware’s Lisa Blunt Rochester, North Dakota Republican Julie Fedorchak, South Carolina Republican Sheri Biggs, Elise Stefanik, Stefanik, ” Danielle Barrow, Sara Spain, Dittmar, ’ ”, Oregon’s Janelle Bynum, Laura Gillen, House Republicans ’, Trump’s, It’s, “ We’ve Organizations: Democratic Rep, NBC News, Republican, Senate, Center for American Women, Rutgers University's Eagleton Institute, Politics, Steel, Trump, Texas Democratic, Democratic, Senate Republican, North Dakota Republican, South Carolina Republican, United Nations, GOP, House Republicans Locations: Alaska, Southern California, Iowa’s, South, West Virginia , Ohio, Montana
A Wisconsin man is alive and well and likely in Uzbekistan after faking his own death in a staged kayaking accident — and is now in talks with officials hoping to bring him home to his family, authorities said Thursday. "Good evening, it's Ryan Borgwardt," he told the camera. While investigators did not go into detail about why Borgwardt went to Uzbekistan, they said he wasn't being held against his will. Ryan Borgwardt. Despite the manpower spent to look for him, Podoll didn't rule out that Borgwardt could avoid criminal charges if he just came home.
Persons: Ryan Borgwardt, it's Ryan Borgwardt, Borgwardt, Lake County Sheriff Mark Podoll, wasn't, Podoll, it's, Ryan, We're Organizations: Lake County Sheriff, Dodge, Ocean, Investigators Locations: Wisconsin, Uzbekistan, Lake, it's, Green, Lake County, Madison, Detroit, Canada, America, U.S, Dodge Memorial
JonBenét Ramsey's father still clings to hope that his daughter's killer can be caught, saying Thursday he welcomes new pop culture attention on the nearly 28-year-old slaying. "I believe it can be solved if the police accept help from outside their system. Ramsey spoke on "TODAY" along with Joe Berlinger, the director of the upcoming Netflix docuseries “Cold Case: Who Killed JonBenét Ramsey,” which comes out next week. While the Ramsey murder case is seared into the minds of Gen X and Baby Boomers, Gen Z and younger Millennials might not be as aware, Berlinger said. But the father said he's met with recently appointed Boulder Police Chief Steve Redfearn and is confident the department will be open to any assistance from outside Boulder.
Persons: JonBenét, John Ramsey, Ramsey, NBC's, That's, Joe Berlinger, JonBenét Ramsey, Gen, Gen Z, Millennials, Berlinger, there's, he's, Steve Redfearn, JonBenet, ” Redfearn, ” John Ramsey, Patsy Organizations: Netflix, Boomers, Boulder, Boulder Police, NBC News, Boulder Police Department Locations: Boulder , Colorado, , Ramsey, Boulder ., Boulder
The hundreds of TGI Fridays franchises across 41 countries are independently owned entities and, therefore, not part of the bankruptcy process. AdvertisementIf you're a TGI Fridays lover, that means you can still go to the one nearby if you want. Like companies in a similar situation, the story of TGI Fridays is one of slow decline before an accelerated crash. In addition to grappling with changing tastes, TGI Fridays has also been subject to another trend in the restaurant business: private equity financial maneuvering. It can always be Friday anywhere, not just TGI Fridays, and maybe at a better price point or nicer experience.
Persons: Ray Blanchette, Brandon Coleman III, Coleman, Weldon Spangler, It's, Jonathan Maze, Tom Cruise, Ruby, Chili's, You've, they'll, who'd, Burt, hasn't, There's, John Bringardner, Bringardner, that's, Ragini, Alicia Kelso, Kelso, TriArtisan, Hostmore, I'm, Emily Stewart Organizations: Street, Restaurant Business, Buffalo Wild Wings, NFL, Strategic Resource, — TriArtisan Capital Advisors, Sentinel Capital Partners —, Sentinel, Citibank, SEC, FTI Consulting, Creditsafe, Hooters, Business Locations: Beppo, New York, Olive, Nation's
AdvertisementReports on an AI progress slowdown raised concerns about model scaling on Nvidia's earnings call. An analyst questioned if models are plateauing and if Nvidia's Blackwell chips could help. And could the power of Nvidia's Blackwell chips start it up again? Pre-training, post-training improvements, and new reasoning strategies all improve models, Huang said. The company said commercial shipments of Blackwell chips are just beginning.
Persons: Nvidia's Blackwell, Huang, Jensen Huang isn't, OpenAI's, Blackwell, Hopper Organizations: Nvidia, Blackwell
Now, unmarried women are no longer part of an edgy cultural vanguard — they're the official status quo. As of 2021, a record 52% of American women were either unmarried or separated, according to a report by Wells Fargo Economics. Single women also have single men outnumbered: A Census Bureau analysis of 2019 data found that for every 90 unmarried men in the US, there were 100 unmarried women. In a 2019 survey from the Pew Research Center, only 38% of single women reported looking for dates or a relationship, compared with 61% of single men. Even before 1970, it was far from unusual to see American women working for a living.
Persons: Rebecca Traister, Samantha Nation, JD Vance, , Claudia Goldin, Jess Carbino, Tinder, Gary Becker, Elizabeth Crofoot, Carmindy Bowyer, Bowyer, didn't, truer, Stephanie Manes, Katie Roiphe, Singledom, Paul Dolan, Richard Reeves, Nicholas Eberstadt, Bella DePaulo, DePaulo Organizations: Los Angeles Times, Wells, Wells Fargo Economics, Pew Research Center, of Labor Statistics, Census, Pew, American Enterprise Institute's, Social Locations: Wells Fargo, New York City
E.l.f. CEO addresses short seller's fraud accusations
  + stars: | 2024-11-21 | by ( Julie Coleman | ) www.cnbc.com   time to read: +2 min
Hedge fund Muddy Waters said Wednesday that it had shorted shares of E.l.f., alleging that the cosmetics company had overstated its inventory numbers. asked the U.S. Customs and Border Protection in February to keep its import data confidential for "competitive reasons," so Muddy Waters' claims don't hold weight. But Muddy Waters claimed its proof of deceit goes beyond import data. "In addition to the import data, Muddy Waters confirmed with three of E.l.f. 's purchases have declined this calendar year," Muddy Waters founder Carson Block told CNBC in a statement.
Persons: CNBC's Jim Cramer, E.l.f, Tarang Amin, Amin, Muddy Waters, Waters, Muddy, Carson Block, Circana Organizations: U.S . Customs, Protection, Muddy Waters, CNBC, Nielson Locations: E.l.f, U.S
AdvertisementElon Musk and Vivek Ramaswamy are starting a podcast to chronicle DOGE's attempt to cut government spending. Musk and Ramaswamy have been using X to promote their new roles in government efficiency. Elon Musk and Vivek Ramaswamy are planning on keeping federal workers and the American public up to date on their progress at the Department of Government Efficiency with a new podcast. Elon Musk added on X that the podcast would host guests and previously suggested the live streams would be weekly. Political scientists have questioned whether Musk and Ramaswamy's ideas, which include "deleting" whole government departments and mass layoffs of federal workers, are achievable.
Persons: Elon Musk, Vivek Ramaswamy, Musk, Ramaswamy, Tesla, he'd, Donald Trump's, DOGE cryptocurrency, RTO Organizations: Department of, YouTube, Department of Government Locations: American
But cargo container trade data reviewed by CNBC tells a more nuanced tale. "We took some action to move product ahead of the port strike which came with more cost," Fiddelke said. Target's peak season imports for 2024 compared to 2023 were flat to down, according to cargo container volumes data pulled and analyzed by ImportGenius. According to customs data aggregated by Panjiva, Walmart imported 25,000 shipments from May 31-August 31, valued at $1.3 billion. "With any frontloading for the port strike, inventory would be up even higher than that."
Persons: Brandon Bell, Brian Cornell, Michael Fiddelke, Fiddelke, William George, Lynn Hughes, we're, Jerry Storch, Storch, Joe Feldman, Feldman, Bill Simon, Simon, Melissa Repko Organizations: Getty, CNBC, Target, ILA, ImportGenius, Storch Advisors, Panjiva, Walmart, Telsey Locations: Austin , Texas, U.S, New England, Texas, West Coast, Savannah , Georgia, Long Beach , California, of Virginia, West, East Coast, Gulf
In this article MAR Follow your favorite stocks CREATE FREE ACCOUNTMarriott International's business operations and growth are solid, CEO Anthony Capuano told CNBC Monday, amid layoffs of more than 800 corporate employees and continued sluggishness in China's tourism market. Marriott International reported net room growth of 6% year-on-year and room rate growth of 2.5%, driven by a strong return of group travel, which Capuano called the "bright, shining star" for the business today. The company raised its year-end guidance for net room growth, and added 9 million new Bonvoy members in the third quarter. That measure turned out to be corporate layoffs, first reported by the travel media company Skift on Nov. 14, which later linked to a notice of "mass layoffs" of 833 Marriott employees posted on a Maryland government labor website. watch nowCapuano denied that the company — which doubled in size during the past decade — grew too big, too fast, at least in terms of corporate employees, instead calling the move a much-needed "reorganization" of its global corporate structure.
Persons: Anthony Capuano, Capuano, Leeny Oberg, , Rather Organizations: Marriott, CNBC, Marriott International, Uber, Starbucks Locations: RevPar, China, Greater China, Maryland, Bethesda , Maryland
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Nvidia's "biggest problem is allocation," Jim Cramer said, referring to the supply crunch for its next-gen Blackwell chips. 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, Blackwell, Jim, there's, Deere, There's, Stocks, Jim Cramer's, PANW, DOV Organizations: CNBC, Dow Jones, Nasdaq, Nvidia, Club, Deere, Palo Alto Networks, Palo, Blackwell, Electrical, Eaton, BJ's Wholesale Locations: Palo Alto, Dover
Music has always been a business, but streaming, TikTok, inflation, and the ballooning costs of touring have dramatically altered a musician's traditional routes to making money. But a lot has changed since streaming usurped radio play as the kingmaker of a rising musician's career. Even the hitmakers who dominate your "For You" page are getting paid "almost nothing" from TikTok, as one music exec told Billboard. 1 song on TikTok doesn't mean anything in the grand scheme of things," Tinashe's longtime manager, Simonne Solitro, explains. "That's not just me," Violet tells me, "that's literally every single artist I know."
Persons: Raye, Conrad, She'd, Taylor, Taylor Swift, Stone, You've, there's, everybody's, Donald Passman, Kevin Baird, Chris Burnett, Chuck Berry, he'd, it's, , TikTok, Ariana Grande, JC Olivera, Justin Ayers, Club's Baird, Tayla Parx, she's, Ariana Grande's, It's, Parx, that's, Muni, who's, Rihanna, Kelly Clarkson, Alexis, Long, I'd, Rachel Chinouriri, I've, Chinouriri, Sam Halliday, Alex Trimble, Katy Cummings, Derek Crownover, Loeb, he's, Crownover, Simonne, Tinashe, Tinashe's, Simonne Solitro, Solitro, Normani, aren't Taylor Swift, Jennifer Lopez, Bad Bunny, Shirlaine Forrest, Matt Jelonek, Tessa Violet, hasn't, That's, Violet, Solitro's, Tessa Violet's, Sarah Pardini, Halsey, Adele, Sophie Turner, Florence Pugh, Pugh, jostling Organizations: Spotify, Music, Northern, Cinema, BI, Apple Music, Billboard, Apple, YouTube, BMI, Suns, TaylaMade Inc, Fifth Harmony, Parlophone, Atlas Artists, Ticketmaster, Promoters, BI Social, Capitol Music, Capitol, Columbia, Chartmetric, DMs Locations: Manhattan, British, Northern Irish, TikTok, London, Los Angeles
That's why I can gladly round up all of the best early Black Friday deals for you, below. Keep scrolling to see the best Black Friday deals you can score now. To explore even more, check out our guides to the best Amazon Black Friday sales, the best Black Friday mattress sales, and the best Walmart Black Friday deals. Best Black Friday tech dealsBeats Studio Buds $79.99 $149.95 Save 47% The Beats Studio Buds offer great sound, an excellent fit, and decent noise cancellation for their price. View at AmazonBest Black Friday fashion dealsNisolo Men's Huarache Sandal $105.00 $150.00 Save 30% Handwoven craftsmanship meets sustainability in our top selling huarache sandal.
Persons: it's, I've, Dyson, we've, Amelia, Price, Secretlab Magnus, Magnus Pro, Organizations: Business, Walmart, Alexa, HP, Honeywell, Dyson, Kettle, Secretlab Locations: Tempur, Brooklinen
AdvertisementLauren Sánchez, 54, says she never expected to have so much to look forward to in life after turning 50. "When I was 20, I thought, 'Oh my gosh, life is over at 50,'" she said on the "Today" show. Apart from her wedding to Jeff Bezos, Sánchez also has a space flight to look forward to. "When I was 20, I thought, 'Oh my gosh, life is over at 50.' AdvertisementIn addition to her wedding, Sánchez also has a flight to space to look forward to, although it is unclear when the trip will happen.
Persons: Lauren Sánchez, Jeff Bezos, Sánchez, Hoda, Savannah Guthrie, I'd, Bezos, MacKenzie Scott, Sanchez, I'm, Magellan, Jacques Cousteau, Anne Hathaway, We're, Oprah Winfrey, Winfrey Organizations: Amazon, Business Locations: Savannah
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