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First, let's recognize the strength of the uptrend in gold leading into November 2024. While the two trends were both higher in October, a post-election surge in the US Dollar appeared to signal the end of the golden era of gold in 2024. And while the long-term chart of gold remains in decent shape, the short-term reversal in recent weeks has pushed gold stocks down to key price support. Now the GDX is testing its 200-day moving average, which also represents a 50% retracement of the 2024 bull phase. In terms of a longer-term inflection point for gold, it's all about finding signs of accumulation.
Persons: it's, wasn't, we'd, David Keller Organizations: Nasdaq, Gold Miners, CMT, CNBC, NBC UNIVERSAL
Paul Mescal said gaining and shedding weight for two of his upcoming movies was "miserable." Mescal told Variety he gained 22 pounds for "Gladiator II" and then lost 26 for "The History of Sound." AdvertisementPaul Mescal said he had a "fucking miserable" experience losing 26 pounds in two months after gaining 22 pounds for "Gladiator II." Mescal told Variety for a cover story published Wednesday that he spent six months trying to gain 22 pounds before shooting "Gladiator II." Kieran Frost/Getty ImagesMescal said that after shooting "Gladiator II," he had to lose weight for "The History of Sound."
Persons: Paul Mescal, Mescal, Variety, , Lucius, Ridley Scott, Jenna Ortega, Timothée Chalamet, Kieran Frost, Kumail Nanjiani, Zac Efron Organizations: Service, Men's Health Locations: Dublin, New England
AdvertisementLast year, my daughters walked the three blocks from school to swim practice. At first, people were surprised that I let the girls walk. She wasn't sure if her two daughters could handle the walk, but soon, they asked to walk with my kids. I have no idea if that happened because I was the one to break the ice, but it was heartening to see more kids walking independently. Walking to swim practice gave my kids, and eventually their friends, the unsupervised, independent space to have similar experiences.
Persons: kindergartener, That's, wasn't, I'm, they'll
She organized a weekly playgroup at her local play area where like-minded parents can send their kids. Parents take turns as the sole adult watching the kids from a distance as they explore and have fun. Related storiesIt also examines the trend of over-protective parents who coddle their children, often due to largely perceived dangers like abductions by strangers. Combined with too much technology, they're stopping kids from being kids. AdvertisementHaidt's book mentioned the "Let Grow" movement which advocates for kids interacting with each other with minimal parent involvement.
Persons: Sara Pecora doesn't, Sara Pecora, I've, Jonathan Haidt, you'd, Pecora, We've, we've, hasn't, they'll, , She'd, she'd Organizations: Facebook, Business Locations: Richmond , Virginia, rota
But the idea of electing the first female president didn't strongly motivate people to turn out. They don't expect that America will have to wait much longer for a female president. "I voted for Vice President Harris, but there was so much pause in that decision — I debated it for weeks," she says. Harris' loss has not diminished Amiwala's optimism that the U.S. could elect its first female president soon. "I think Americans are ready for a woman president, it just wasn't meant to be Harris," Amiwala says.
Persons: Kamala Harris, Donald Trump, Hillary Clinton's, didn't, Harris, Ali Vitali, , Joe Biden, Vitali, Amiwala, she's, that's, Chip Somodevilla, Chabaka, Biden, Natasha Bowman, Bowman, Trump, Alejandra Toro, Toro, — wasn't, Laura Kray, Kray, Taylor Swift Organizations: AP VoteCast, NBC News, CNBC, NBC, Capitol Hill, AP, Carolina Girls, Horizon, Getty, Republican, Center for Equity, UC Berkley's Haas School of Business Locations: Fairfax , Virginia, America, U.S, Chicago, Israel, Palestine, Greensboro , North Carolina, Sioux Falls , South Dakota, New York, Charlotte , North Carolina
The Trust portfolio is what we use for the CNBC Investing Club. Back in April 2018, Trump ruled then-Twitter — now X and under the ownership of Trump efficiency czar Elon Musk . It was labeled "Trump stock" and a professional announcer, the deep-voice guy we used to use all of the time at the network, recorded it. I pushed the button whenever I was sure that a stock could somehow do well under the first Trump administration. There was no "Trump Stock," "Trump Stock" button pressing for Amazon that day.
Persons: Donald Trump, Trump, He's, Elon Musk, Lisa, Jeff Marks, Jeff, , Mark Zuckerberg, Zuckerberg, Jim Cramer's, Jim Cramer, Jim, Republican Donald Trump, Andrew Kelly Organizations: Dow Jones, Trump, CNBC, Twitter, Amazon, Facebook, Meta, New York Stock Exchange, Republican, U.S Locations: Bahamas, Butler , Pennsylvania, U.S, New York City
Here's a rapid-fire update on all the stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. This time around, Trump's tariff proposals on Chinese imports could help Amazon in its competition against low-price online sellers Temu and Shein. Salesforce : Not a Trump stock, but it wasn't a Kamala Harris stock either. Constellation Brands : The Mexican beer importer has been punished on fears about what Trump's tariff and immigration proposals could do to its business. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer's, Jim, Donald Trump's, Trump's, Abbott, Trump, Hock Tan, Tan, We'll, it's pricier, Morgan Stanley, Wells, Kamala Harris, Agentforce, That's, Biden, Dover, Eaton's, Elon, Waymo, JD Vance, we've, Linde, that's, Eli Lilly, Robert F, Kennedy Jr, Kennedy, Lilly, Mark Zuckerberg, Zuckerberg, Goldman Sachs, shouldn't, Nextracker, Brian Niccol, Niccol, Stanley Black, Decker, TJ Maxx, Wells Fargo, Jim Cramer Organizations: Jim Cramer's Charitable Trust, CNBC, Abbott Laboratories, Abbott Labs, White, Biden, AMD, Trump, Wednesday, Broadcom, VMWare, BlackRock, Costco, Coterra Energy, Coterra, DuPont, Disney, GE Healthcare, GE Aerospace, Google, Honeywell, Elliott Investment Management, Linde, Microsoft, Big Tech, Apple, Meta, Financial Times, Nvidia, Palo Alto Networks, Yum Brands, Taco Bell, Constellation Brands, Management, TJX, Marshalls, Jim Cramer's Charitable Locations: China, India, Missouri, Wells Fargo, BlackRock, Shanghai, Dover, U.S, Palo, HomeGoods
Revenue in the fiscal fourth quarter totaled $22.57 billion, topping the $22.45 billion expected by analysts, according to estimates compiled by LSEG. And the good run should continue, with management forecasting earnings growth acceleration over the next couple of years. Roughly $15 billion in cash flow from operations vs. $14.8 billion expected, and about $8 billion in capital expenditures vs. $6.54 billion expected. That implies free cash flow of about $7 billion vs. $8.1 billion expected. In entertainment, the team forecasts double digit percentage growth in operating income, with 10% operating margin in its streaming businesses.
Persons: Robert Iger's, Iger, hasn't, Jim Cramer's, Jim Cramer, Jim, Mickey Mouse, Mouse, Gary Hershorn Organizations: Disney, Revenue, LSEG, Management, ESPN DTC, ESPN, DIS, Comcast, Netflix, Warner Bros Discovery, Paramount Global, Sports, CNBC, Magic, Walt Disney World, Corbis, Getty Locations: Florida, India, Orlando , Florida
I'm still healing and learning to trust people again. Slowly, I learned that quiet quitting friendships is common. AdvertisementI found the concept of quiet quitting friendshipsWhile doomscrolling through TikTok, I came across the term "quiet quitting" friendships. Understanding this term felt like a personal win, as my feelings were justifiable. I'm still healing and learning to trust people again.
Persons: , It's Organizations: Service Locations: TikTok
Workers are struggling to get a handle on their jobs, and this failure falls on everyone — companies, managers, human-resources departments, and, in some cases, the workers themselves. The chaos has left employers, managers, and employees wondering just how much time and money it's worth investing in training in the first place. It's tough to learn by osmosis over Slack, and the deluge of HR apps and training modules isn't filling in the gaps. As workers and managers are increasingly overextended, these types of unmeasured, softer activities can fall by the wayside. Gavin emphasized that it's not just on companies and managers to make sure employees are learning and getting onboarded but also on individual workers.
Persons: Gen, It's, what's, Gallup, Ana Goehner, Kenneth Matos, Matos, they're, it's, Ashley Herd, nonmanagers, Christy Pettit, Herd, Stephanie Wolf, she's, Wolf, that's, Phoebe Gavin, Gavin, I'd, hadn't, Michelle, Z, they've, Emily Stewart Organizations: Workers, Adobe, doer, Fortune, Business Locations: America, HiBob, RebuttalPR
Jeffrey Tiong, founder and CEO of PatSnap. Courtesy of Jeffrey Tiong. Just ask Jeffrey Tiong. "Let me put it this way: For the last 17 years, building the business, there have been many dark times [and] low times. Courtesy of Jeffrey Tiong.
Persons: Jeffrey Tiong, Tiong Organizations: PatSnap, CNBC, National University of Singapore, The Wharton School, Patsnap Locations: Singapore, Patsnap, East Malaysia, Kota Kinabalu, U.S, Philadelphia, Europe, Asia
A stranger called the cops, concerned he might be in danger, though he said he was OK.Patterson was charged with reckless conduct. AdvertisementThe sheriff's deputy asked if I knew that my youngest son, Soren, who was about to turn 11, was alone in our downtown area. It turned out he'd walked just under a mile from our house in the woods where he's homeschooled. The deputy wanted to know why he was there, how he got there, and why I didn't know where he was. I was annoyed with Soren for going into town without telling me or other family members first, but I wasn't panicking.
Persons: Patterson, Brittany Patterson, Evander's doctor's, Soren, he'd, we'd, who's, , Josh, They're, David DeLugas, texted, we've, that's Organizations: Dollar, Family, Children Services, Sheriff's, Child Services Locations: Brittany, Fannin County , Georgia, Fannin, Georgia
AdvertisementTrump has tapped Pete Hegseth, an Army veteran and Fox News host, to be secretary of defense. US President-elect Donald Trump has tapped Pete Hegseth, a Fox & Friends host and US Army National Guard veteran, to be secretary of defense. Hegseth was considered for Veterans Affairs secretary during Trump's first term and faced pushback from veterans group leaders. All US military combat roles opened to women in 2015. AdvertisementThroughout the war, Hegseth has shifted stances, calling Putin a "war criminal" and criticizing Biden for not getting Ukraine military aid quickly enough.
Persons: Pete Hegseth, Hegseth, Donald Trump, Joe, Trump, Trump's, Brace, Paul Rieckhoff, Adam Smith, Adam Kinzinger, Joe Biden's, Shawn Ryan, he'll, Abreanna Goodrich, we've, Shawn Ryan Show, Genya SAVILOV, AFP Hegseth, He's, Vladimir Putin's, Putin, Biden, Israel Trump's, Doug Mills, Benjamin Netanyahu, Israel wasn't, he's, Xiang Organizations: Trump, Army, Fox News, Defense Department, NATO, Fox & Friends, US Army National Guard, Israel, Wall Street, Veterans Affairs, SecDef, Independent Veterans of, Fox, Department of Defense, House Armed Services, Air National Guard, Republican, US National Guard, Pentagon, US Army, Spc, AFP, Kyiv, Warriors, Israeli, Getty, US Locations: Ukraine, America, Independent Veterans of America, Iraq, Afghanistan, Jerusalem, Russia, Soviet Union, Israel, Gaza, Iran, Washington, China, Xinhua, Asia, Pacific, Taiwan
Lisa Kauffman was over Florida's hurricanes and the faster pace of life in the US. AdvertisementThis as-told-to essay is based on a conversation with Lisa Kauffman, a 55-year-old teacher with a background in biology and special education. In 2023, I purchased a one-way ticket to Panama, planning to live on the private island I had previously visited in 2022. I live off the grid, and my day-to-day expenses are lowThe island I live on is remote. Courtesy of Lisa KauffmanI live on about $1,000 a month.
Persons: Lisa Kauffman, Kauffman, , I've, I'd, Ian, I'm, Minnie Organizations: Service, Kauffman Locations: Panamanian, Panama, Caribbean, Bocas del Toro, Panama City, Florida, Fort Myers, Costa Rica, Hawaii, Thailand, New York
Nearly three decades ago, Tomas Gorny came to the U.S. as a Polish immigrant living on $3 a day, after rent and transportation costs. Today, the 49-year-old Gorny is the founder of multiple tech businesses, including a cloud-based business communications company called Nextiva that was most recently valued at $2.7 billion. Gorny, the company's CEO, has a net worth exceeding $1 billion, according to a Nextiva spokesperson. After rent and transportation costs, he had only a few dollars per day for food and other necessities, he says. Two years later, his $3 per day turned into a net worth above $1 million, he says.
Persons: Tomas Gorny, Gorny, Organizations: CNBC, Internet Communications Locations: Germany, Los Angeles
Savannah James was extremely nervous to start a podcast, but this year, alongside her close friend, April McDaniel, she did just that. For the majority of her life in the public eye, people saw James as the quiet wife of basketball star, LeBron James, and mom to their three children. On the "Everybody's Crazy" podcast, James and McDaniel take calls from people who are looking for advice on how to handle complicated situations. Starting the podcast was also a very big leap for McDaniel, who founded her own marketing agency, Crown + Conquer. I think the one thing people don't realize about me and Savannah is we don't care what other people think."
Persons: Savannah James, April McDaniel, James, LeBron James, Bronny James, hadn't, McDaniel Organizations: NBA Locations: Savannah
I went from NYC to the Pennsylvania suburbs because I work remotely and wanted a better apartment. I love not having to rely on public transportation anymore, but driving at night can get scary. AdvertisementI grew up in Staten Island, a borough of New York City, and lived there almost my entire life until last summer. I've gotten more comfortable driving as I've done it more, but I hadn't expected such a steep learning curve. A lot of the friends I've made up here are also engaged, married, or in serious relationships.
Persons: I've, they've, , Gary Hershorn Organizations: Service Locations: NYC, Pennsylvania, Staten Island, New York City, Manhattan, Staten, Jersey City
AdvertisementUS stocks have been on a tear since Trump's win. "Let me tell you something: If Trump enacted 50% of what he's saying, you'll have a stock market crash, the likes that you haven't seen since the 1920s," Scaramucci said. You'll crush the economy; you'll crush our tax revenues; you'll flip upside down the job market," Scaramucci said. "They will not be ready for that, and so the stock market will have gotten wrong the current movement." "My guess is that the stock market aficionados, the stock market experts, are probably right," Scaramucci said.
Persons: SkyBridge Capital's Anthony Scaramucci, Trump, there's, Scaramucci, , Anthony Scaramucci, it's, Bitcoin, Donald Trump's, didn't, David Bahnsen, he's, — Elon Musk, Elon, Tom Orlik, David Kelly, ​ ​, Susie Wiles Organizations: Service, House, SkyBridge, Business, Nasdaq, Russell, Trump, Bloomberg Economics, JPMorgan Asset Management, Republican
Days before the election, Polymarket odds showed Trump had a 60% chance of winning. The electorate took notice: Kalshi and Polymarket soared to the top of Apple's App Store on Tuesday evening. Advertisement"Last night, Kalshi showed how prediction markets can decisively outperform polls and traditional media," Kalshi posted on X. And can the prediction markets ride their momentum now that the election's over? Prediction markets are "going to attract people who want to influence public perception," Broughel says.
Persons: Nate Silver, Kamala Harris, Donald Trump, Polymarket, Trump, Kalshi, Shayne Coplan, Coplan, Elon Musk, Taylor Swift, Travis Kelce, Robinhood, There's, Xavier Sottile, Bettors, Sottile, Robert F, Kennedy Jr, he'll, John F, Kennedy, Koleman Strumpf, Strumpf, Broughel, James Broughel, Israel —, — Polymarket, who've Organizations: Trump, CNBC, MIT, Victoria University, Wake Forest University, RFK Jr, Competitive Enterprise Institute, Wall Street Journal, Twitter, New York Times Locations: New Zealand, Kalshi, Ukraine, Iran
Nearly 63% of the US population has fluoridated water flowing through their taps, according to the Centers for Disease Control and Prevention (CDC). Hawaii is the only US state without any fluoride in municipal taps; fluoridated water is only available there on military bases. As such, fluoridated water is now mandated on any military base with more than 3,300 people. Rumors have circulated that drinking fluoridated water can lead to bone cancer (osteosarcoma), but long-term studies from both the UK and US haven't found any credible evidence of higher rates in areas where people drink fluoridated water. Their review concluded that some studies of fluoride consumption have found links between higher fluoride water levels and lower IQs in kids.
Persons: Trump, he'll, , Robert F, Kennedy Jr, Donald Trump's, Biden, Kennedy, He's, Mark Ralston, Leonard Ortiz, Nina Simone, Michael Ochs, Matthias Balk, Anthony Kim, Frank Albert Charles Burke, Obama, Ashley Malin, Malin, Oliva Organizations: RFK Jr, Service, Centers for Disease Control, Prevention, Getty, MediaNews, Orange, NBC, Environmental Protection Agency, Michael Ochs Archives, US Public Health Service, Waimanalo Health Clinic, Honolulu Civil, Calgary, US Department of Defense, Fairfax Media, National Toxicology, University of Florida, Denver, EPA Locations: New York, California, Colorado, Zhijin county, China, AFP, Midwest, Colorado Springs , Colorado, Oakley , Idaho, Arkansas, Grand Rapids , Michigan, , New Mexico, Hawaii, Honolulu, Canada, Alberta, Australia, United States, India, Iran, Pakistan, Mexico, Grand Rapids
Jane Lu with her parents. Courtesy of Jane Lu. Quitting her corporate job in secretAs Lu realized that she loved running a business, she also began feeling very unhappy in her corporate role. Revealing the secretOver the span of the first two years building Showpo, Lu kept it a secret that she had quit her corporate finance job. "I remember us having half a million dollars sitting in stock, and I was like: 'Okay, worst case scenario, I can sell all of this and start another business,'" Lu said.
Persons: Jane Lu, Lu, Lu didn't, couldn't, Young —, Fat, Jane, I've, I'm, Showpo's, Boye, Showpo, they've Organizations: Showpo, CNBC, KPMG, Ernst Locations: Australia, China, Sydney
Olivia Nuzzi has withdrawn her protective order request against her ex-fiancé Ryan Lizza. AdvertisementOlivia Nuzzi, the former New York magazine political correspondent who made headlines earlier this year for having a personal relationship with Robert F. Kennedy Jr., has withdrawn her request for a protective order against her ex-fiancé, fellow journalist Ryan Lizza. In an October petition for a civil protection order, Nuzzi accused Lizza, a Politico reporter, of hacking her devices and stealing information to blackmail her. Related Video Jury finds Trump sexually abused and defamed E. Jean CarrollAn attorney for Nuzzi confirmed to Business Insider that she withdrew the protective order request. Following a third-party investigation into Nuzzi's work, New York magazine said the probe found no inaccuracies or evidence of bias in her reporting.
Persons: Olivia Nuzzi, fiancé Ryan Lizza, Nuzzi, Lizza, , Robert F, Kennedy Jr, Ryan Lizza, Trump, Jean Carroll, Ari Wilkenfeld, Olivia, I'm, Oliver Darcy, Kennedy Organizations: RFK, Service, New, Politico, Business, BI, New York Magazine Locations: New York
I recreated over 150 recipes from politicians before I started spending a day eating just like them. George W. Bush had my favorite daily eating habits, while Donald Trump had my least favorite. Go to newsletter preferences Thanks for signing up! Eventually, I discovered the daily diets of every living president: Joe Biden, Donald Trump, Barack Obama, George W. Bush, Bill Clinton, and Jimmy Carter. Here's my highly subjective ranking of the daily eating habits of our living US presidents, from worst to best.
Persons: George W, Bush, Donald Trump, , Mitch McConnell's flavorless Hoppin, John, Mark Warner's, Joe Biden, Barack Obama, Bill Clinton, Jimmy Carter, Trump, Biden Organizations: Service, Congress Locations: America
Devoting your life to making money can leave you lonely and aimless, Matthew McConaughey says. The actor warned against chasing cash at the cost of relationships and other valuable parts of life. AdvertisementPeople who spend their whole lives trying to get as rich as possible risk winding up lost and alone, Matthew McConaughey says. The actor said he loves money and what it lets him provide for his family, his wife, and himself. AdvertisementMany rich people have said there's more to life than accumulating wealth and material possessions, and have warned against losing sight of what truly matters.
Persons: Matthew McConaughey, Warren Buffett, , McConaughey, he's, Elon Musk, It's, Trump, Camila Alves McConaughey, Rick Kern, Berkshire Hathaway Organizations: Service, Dallas Buyers, Berkshire
We had a great time on our trip together, and both of us needed it more than we realized. Courtesy of Terri PetersMy mother-in-law and I have different interests: I love reading and Taylor Swift, and she loves watching British detective shows, for example. We had great conversations and made lasting memoriesThe author and her mother-in-law enjoyed their time in Silver Dollar City. Courtesy of Terri PetersMy mother-in-law lost her husband in March 2022, and in March 2023, one of her three adult sons also died. I didn't realize I needed a getaway with just my mother-in-law, either.
Persons: , I've, I'm, we've, Joe Cafe, Terri Peters, Taylor Swift, Branson, she's, — she's Organizations: Service, Silver Dollar Locations: Branson , Missouri, Branson, Branson .
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