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☆ Trump urges Senate GOP to block Biden's last judicial nominees
▼ + stars: | 2024-11-19 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

President-elect Donald Trump on Tuesday pushed his fellow Republicans in the Senate to stop Democrats from confirming any more of President Joe Biden's judicial nominees. The Senate has confirmed 216 of Biden's nominees to the federal judiciary. Biden has put forward 261 total judicial nominees, the White House said in a Nov. 8 press release announcing his 56th round of hopefuls. Incoming Senate Majority Leader John Thune, R-S.D., told ABC News he would continue to bog down the nomination process. "I was on the Senate floor until almost midnight last night voting to confirm President Biden's judicial nominees," Sen. Patty Murray, D-Wash., wrote on X.

Persons: Donald Trump, Joe Biden's, Trump, Judge Embry Kidd, Biden, Chuck Schumer, Schumer, John Thune, Sen, Thune, Patty Murray, We'll, Murray, Kamala Harris, Susan Collins of, Lisa Murkowski Organizations: America, Policy, Tuesday, Senate, Radical, Republican, U.S ., Appeals, ABC News, Democrat, ABC, Republicans, GOP Locations: Palm Beach , Florida, U.S, Susan Collins of Maine, Alaska

☆ 'Top quality asset': Strategist names his top stock to buy in India right now
▼ + stars: | 2024-11-19 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

Indian markets have been under pressure in recent weeks, but strategist Matt Orton remains bullish on the country, revealing "one of his favorite" stocks right now. ICIC Bank One stock that stands out to Orton is private bank and financial services player ICICI Bank . "ICICI Bank is one of my favorite picks because it's just a top-quality asset. ICICIBANK-IN YTD mountain Year-to-date shares in ICICI Bank Orton said ICICI is among the three "domestic systemically important banks," or those considered " too big to fail " banks by the Reserve Bank of India. According to FactSet data, of 44 analysts covering the stock, 41 give it a buy or overweight rating, while the remaining three have a hold call.

Persons: Matt Orton, Raymond James, CNBC's, Orton, it's, ICICI Bank Orton, Jefferies Organizations: Raymond James Investment Management, Bombay Stock Exchange, ICICI Bank, India's, Bombay Stock Exchanges, ICICI, Reserve Bank of India Locations: bullish, India, U.S, Mumbai

☆ Sony in talks to buy media powerhouse behind 'Elden Ring,' Reuters reports
▼ + stars: | 2024-11-19 | by ( ) www.cnbc.com time to read: 1 min

The Sony logo is displayed outside the company's headquarters in Tokyo, Japan February 16, 2023. Sony is in talks to acquire Kadokawa, the Japanese media powerhouse behind the "Elden Ring" game, two sources familiar with the matter said, as the technology giant looks to add to its entertainment portfolio. The talks between the two sides are ongoing and, if successful, a deal could be signed in the coming weeks, the sources said. Sony already has a 2% stake in Kadokawa and a stake in Kadokawa subsidiary FromSoftware, the developer of the hit fantasy role-playing game. The fantasy title is a collaboration between veteran game director Hidetaka Miyazaki and "Game of Thrones" author George R.R.

Persons: Kadokawa, Hidetaka Miyazaki, George R.R, Martin Organizations: Sony, Kadokawa, FromSoftware Locations: Tokyo, Japan

☆ Stellantis delays Ram electric pickup truck until 2025
▼ + stars: | 2024-11-19 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

Stellantis' Ram 1500 Revolution battery-electric concept pickup truck is introduced during a keynote address by Stellantis CEO Carlos Tavaras during CES 2023 at The Venetian Resort Las Vegas on January 05, 2023 in Las Vegas, Nevada. DETROIT — Stellantis is delaying the launch of its Ram all-electric pickup truck from this year until the first half of 2025, as the trans-Atlantic automaker continues testing the vehicle. CEO Carlos Tavares on Tuesday declined to disclose details about what caused the delay of the electric truck, which was expected to be followed by an extended-range "Ramcharger" that's equipped with an electric generator and a gas engine. It's better to take a few weeks more to validate properly than to rush and then to make mistakes in terms of quality. The all-electric pickup was expected to go on sale by the end of this year, followed by the Ramcharger during the first quarter of 2025.

Persons: Stellantis, Carlos Tavaras, Carlos Tavares, " Tavares, It's, Tavares Organizations: Atlantic, Dodge Locations: Vegas, Las Vegas , Nevada, DETROIT

☆ Gisele Pelicot lambasts cowardice of men accused of her mass rape
▼ + stars: | 2024-11-19 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Reuters —Gisele Pelicot on Tuesday lambasted the cowardice of the dozens of men accused of abusing her during 10 years of mass rape organized by her husband and told the court hearing the trial France’s patriarchal society must change. Most of the 50 other men on trial have denied rape. “For me this is the trial of cowardice, there is no other way to describe it,” Gisele Pelicot said, with many of the accused in the courtroom. Video recorded by her husband and shown in court over the past weeks have repeatedly featured Gisele Pelicot motionless, sometimes snoring, while some of the accused abused her. “It is time for society to look at this macho, patriarchal society and change the way it looks at rape,” Gisele Pelicot told the court.

Persons: Gisele Pelicot, Dominique Pelicot, ” Gisele Pelicot, ”, “, Beatrice Navarro, ” “ Locations: Avignon, France

☆ I graduated a year early from high school and have no regrets. Now my daughter is doing the same.
▼ + stars: | 2024-11-19 | by ( Joy Nicholas | ) www.businessinsider.com time to read: +4 min

But I don't regret my decision to graduate a year early from high school. It was disappointing to think that the moment I always envisioned marking the end of high school would look very different. But that was overshadowed by the promise of not having to return to high school again. I finished high school at the end of July and started college a week after I turned 17. Five years ago, my daughter Skyler decided to graduate from high school early.

Persons: It's, Diana's, nodded, Joy —, Jill, Julie, Joyce, Skyler, —, You've Locations: California

☆ Prosecutors set to weigh in on fate of Trump New York hush money case
▼ + stars: | 2024-11-19 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Prosecutors on Tuesday are set to tell a judge whether they think the criminal hush money case against President-elect Donald Trump should head to sentencing, as planned, or be dismissed following his electoral victory, as his lawyers have requested. Those records related to a $130,000 payment his then-personal lawyer Michael Cohen made shortly before the 2016 election to porn star Stormy Daniels to buy her silence about a purported one-time sexual tryst with Trump a decade earlier. Judge Juan Merchan had been expected to rule on a dismissal request by Trump's lawyers on Nov. 12 at the earliest. But on the heels of Trump's election win, the DA's office told Merchan they wanted him to delay his ruling, to give them time to determine how that victory affected the case. Merchan gave them one week to do so.

Persons: Donald Trump, Juan Merchan, Stormy Daniels, Trump, Kamala Harris Trump, Michael Cohen, Merchan Organizations: Prosecutors, The, Manhattan, Attorney's Locations: Manhattan, New York City, York

Russian President Vladimir Putin speaks during a plenary session of the Valdai Club on Nov. 7, 2024 in Moscow, Russia. Contributor | Getty Images News | Getty ImagesGlobal stocks fell and investors fled to safe-haven assets on Tuesday, as global markets reacted to escalating tensions between the world's two largest nuclear powers: Russia and the U.S. The pan-European Stoxx 600 stock index was down almost 1% at 12:23 p.m. London time, hitting 498.56 points — its lowest level since August. The declines come after Russian President Vladimir Putin amended Russia's nuclear doctrine that outlines the conditions that would prompt Moscow to deploy its nuclear arsenal, Russian state news agency Tass reported Tuesday. In currency markets, the Japanese yen rose 0.7% and 0.36% against the euro and U.S. dollar respectively at 12:26 a.m. London time.

Persons: Vladimir Putin, Dmitry Peskov, USDJPY, Wells, Erik Nelson, Putin, Tiffany McGhee, CNBC's, Ice Brent Organizations: Valdai, Getty, U.S, Dow Jones, Nasdaq, Russian Federation, NBC News, Swiss, CNBC, U.S ., NATO, White, Kremlin, Russian Defense Ministry, Kyiv, NBC, Ukrainian, Staff of, Armed Forces, Ice Locations: Moscow, Russia, London, U.S, Republic of Belarus, Russian, Ukraine, Kyiv, Soviet, Bryansk, America

☆ I quit my six-figure corporate job to work on a vineyard for less than $500 a month. I have no regrets.
▼ + stars: | 2024-11-19 | by ( ) www.businessinsider.com time to read: +6 min

Armed with shears and headlamps to guide us, we filed into the vineyard rows like soldiers, performing the synchronized ritual that has existed for centuries: picking grapes for wine harvest. AdvertisementI instantly answered: "I want to work a wine harvest in Europe." I spent hours firing off emails, asking if they had any open positions on their harvest team. I worried about running out of money and blowing through the savings I'd spent years growing. It was all underpinned by one fear: Is this worth upending the life I'd built?

Persons: wouldn't, I'd, Gruner, I've, I'm Organizations: Australia Locations: Austria, Burgenland, Coast of California, Europe, Slovenia, England, Australia, Austrian

☆ Afghan girl who encouraged others to sing wins children’s peace prize
▼ + stars: | 2024-11-19 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +3 min

Nila Ibrahimi won the International Children’s Peace Prize on Tuesday, an award that has recognized luminaries including climate activist Greta Thunberg and girls’ education campaigner Malala Yousafzai. Afghan women prepare almonds at a factory on the outskirts of Aybak in Samangan Province on September 9, 2024. She co-founded “Her Story,” which encourages Afghan girls to share their stories, spotlighting the voices of those still in Afghanistan. Teenage girls and women are not allowed to study or work and can only leave the house with a male relative. “Human rights are protected in Afghanistan and no one is discriminated,” said spokesman Hamdullah Fitrat Fitrat.

Persons: Nila Ibrahimi, Greta Thunberg, Malala Yousafzai, Ibrahimi, ”, Canada Ibrahimi, ” Ibrahimi, Richard Bennett, ” Bennett, Afghanistan’s, Hamdullah Fitrat Organizations: CNN, Getty, Foundation, Geneva, Human Rights, United Nations, UN, Women, Taliban Locations: ”, Afghanistan, Kabul, Aybak, Samangan Province, AFP, Canada, Pakistan, Germany, Australia, Netherlands

☆ Baltic Sea internet cables cut: European officials cry sabotage
▼ + stars: | 2024-11-19 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +3 min

CNN —European officials are looking toward Russia after two submarine internet cables in the Baltic Sea were suddenly disrupted in an apparent sabotage operation, just weeks after the United States warned that Moscow was likely to target critical undersea infrastructure. A cable between Lithuania and Sweden was cut on Sunday, according to Telia Lithuania, the telecommunications company that runs the link. Separately, the state-controlled Finnish telecoms company Cinia said one of its cables, which connects Finland and Germany, was disrupted on Monday. ”Nobody believes that these cables were accidentally severed,” he told reporters on Tuesday morning ahead of a ministerial meeting in Brussels, Belgium. The extent of the disruption, if any, caused by the damage to the cables is unclear.

Persons: Cinia, Boris Pistorius, ”, “, “ Pistorius, Telia, Andrius Šemeškevičius, – Organizations: CNN, Germany’s, Museum of Occupation, European Union, BCS Locations: Russia, Baltic, States, Moscow, Lithuania, Sweden, Finnish, Finland, Germany, Brussels, Belgium, Ukraine, Czech, Prague, Riga, Latvia, Ukrainian, London, Warsaw, Poland, Belarus, Helsinki, Rostock, Lithuanian

☆ SpaceX gears up to catch Starship again — and Donald Trump may join Elon Musk for the launch
▼ + stars: | 2024-11-19 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

AdvertisementSpaceX is planning to launch Starship for the sixth time on Tuesday. Reports suggest that President-elect Trump may join Elon Musk for the launch. Elon Musk and Donald Trump have been inseparable since the election — and now Trump will reportedly attend the latest launch of Musk's giant Starship rocket. SpaceX is set to conduct the sixth test flight of Starship, the 165-foot spacecraft that Musk wants to use to take humanity to Mars, on Tuesday. Multiple reports on Monday suggested that Donald Trump is planning to attend the Starship launch — another indication of just how important a role Musk will likely play in the next administration.

Persons: Elon Musk, Donald Trump, Google's Sundar Pichai, Joe Rogan, Kid Rock, Chris Unger, Brendan Carr, Carr, Mars, CHANDAN KHANNA, Musk, Starship's Organizations: SpaceX, Trump, Elon, UFC, PAC, Department of Government, Federal Communications Commission, Getty, Federal Aviation Authority, Business Locations: SpaceX's Starbase, Texas, New York City

☆ Photos show Donald Trump and Elon Musk's post-election bromance
▼ + stars: | 2024-11-19 | by ( John L. Dorman | Alice Tecotzky | ) www.businessinsider.com time to read: +1 min

AdvertisementIn the two weeks since the election, Elon Musk and Donald Trump have been pretty much inseparable. The Tesla CEO is set to co-lead the Department of Government Efficiency in Trump's second term. It's been two weeks since President-elect Donald Trump won another four years in the White House. Tesla CEO Elon Musk has been by his side for much of that time. Here's a look at Trump and Musk's whirlwind post-election partnership in photos, from boxing matches to golf games, with an eye on governing in between.

Persons: Elon Musk, Donald Trump, Musk, It's, elect's, Elon, Trump Organizations: Department of Government, Trump, Republicans, NBC

☆ Starship flight 6 launch: SpaceX to attempt rocket booster landing at ‘Mechazilla’ tower
▼ + stars: | 2024-11-19 | by ( Jackie Wattles | ) edition.cnn.com time to read: +7 min

The two-stage megarocket — which features the Starship spacecraft stacked atop the Super Heavy booster — will attempt liftoff during a 30-minute window that opens at 5 p.m. If the test flight team deems conditions are favorable for a landing attempt, booster touchdown should occur about seven minutes after launch. Joe Skipper/ReutersThe Starship spacecraft, meanwhile, will fire up its own six engines before entering a coasting phase as it soars through space. During the fourth integrated Starship test flight in early June, the spacecraft endured significant damage. “In 2025, SpaceX plans to undertake a long-duration flight test and a propellant transfer flight test,” according to a recent report from NASA’s Office of the Inspector General, or OIG.

Persons: CNN —, Sergio Flores, “ chopsticks, ”, “, Elon Musk, SpaceX's, Joe Skipper, ” Musk, Artemis III Organizations: CNN, SpaceX, Super, Federal Aviation Administration, FAA, Getty, Starship, NASA’s Locations: Brownsville , Texas, Starbase, AFP

☆ LGBTQ Afghans say they face abuse in detention as Taliban crackdown intensifies
▼ + stars: | 2024-11-19 | by ( Billy Stockwell | ) edition.cnn.com time to read: +14 min

“He grabbed me from behind, tore my clothes apart and raped me,” Sohrab – whose name has been changed for security reasons – told CNN in October. Transgender and gender non-conforming people are being “consistently” targeted at Taliban checkpoints due to their choice of clothing, human rights groups said. “I will never forget when the Taliban came to our house,” Samiar Nazari, a 22-year-old transgender man, told CNN. Other human rights groups have documented instances of extrajudicial detention, conducted out of the public eye. With little sign that the Taliban will improve their record on human rights, many in the country feel abandoned by the international community.

Persons: Sohrab, “, ” Sohrab –, –, ” Sohrab, Wakil Kohsar, Roshaniya, ”, Neela Ghoshal, Artemis Akbary, Ghoshal, ” Samiar, ” Nazari, Akbary, Abdul, ” Abdul, David Osborn, Osborn, It’s, Sano –, Sano, ” Sano, He’s, Rosemary DiCarlo, DiCarlo, Yuki Iwamura, UNAMA Organizations: CNN, “, Taliban, Taliban’s Ministry of Foreign Affairs, Afghan LGBT Organization, Getty, ” CNN, US Department of State, Facebook, Afghan, UK’s, Information Resilience, Afghan Witness, ”, UN, Political, Peacebuilding, United Nations Locations: Afghanistan, Czech Republic, Pul, Kabul, AFP, –, ‘ Afghanistan, Iran, Turkey, Herat, Afghanistan’s, Jalalabad, Qatar

☆ The US Navy is leaving the volatile Middle East without an aircraft carrier again, even as fighting continues
▼ + stars: | 2024-11-19 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

AdvertisementThe US Navy's sole aircraft carrier in the Middle East left the region over the weekend. The US is now without a carrier in the volatile Middle East for the first time in a while. An E/A-18G Growler launches from the flight deck of the aircraft carrier USS Abraham Lincoln in October. AdvertisementUSNI News first reported on Monday the Lincoln's departure from the Middle East. AdvertisementThe aircraft carrier USS Abraham Lincoln prepares to conduct a replenishment-at-sea with the destroyer USS Frank E. Petersen Jr. in November.

Persons: Abraham Lincoln, Arleigh Burke, Frank E, Petersen, Michael Murphy, Spruance, Theodore Roosevelt, Dwight D, Eisenhower, Lincoln, Harry S, Truman, Defense Lloyd Austin, Pat Ryder, Austin Organizations: Navy's, East, US Navy, Business, Fleet, Lincoln, US, Pentagon, Israel, Defense, US Air Force, Navy, Hamas Locations: Lincoln, Iran, Portugal's, Gulf of Aden, Israel, Gaza, Lebanon

☆ US recognizes Venezuelan opposition leader Edmundo Gonzalez as president-elect
▼ + stars: | 2024-11-19 | by ( Stefano Pozzebon | Jennifer Hansler | ) edition.cnn.com time to read: +2 min

CNN —The United States formally recognized Venezuelan opposition leader Edmundo Gonzalez as the country’s president-elect following the disputed July 28 presidential election, Secretary of State Antony Blinken announced Tuesday on X. “The Venezuelan people spoke resoundingly on July 28 and made Edmundo Gonzalez the president-elect. “The Venezuelan people overwhelmingly and unequivocally expressed their desire for democratic change—the publicly available voting tally sheets say so,” they said. Gonzalez on Tuesday thanked the US for the move, saying: “We deeply appreciate the recognition of the sovereign will of all Venezuelans. The Venezuelan opposition collected and published hundreds of thousands of vote tallies receipts claiming Gonzalez won with more than 70% of the vote.

Persons: Edmundo Gonzalez, Antony Blinken, Gonzalez, Nicolas Maduro, ”, Edmundo González Urrutia, “, ” Gonzalez Organizations: CNN, United, State Department, Tuesday, Carter Center, UN Locations: United States, Venezuelan, Rio de Janeiro, Venezuela, Caracas, Spain

☆ Whether Trump will ever get sentenced on his hush-money conviction may become clear on Tuesday
▼ + stars: | 2024-11-19 | by ( Laura Italiano | ) www.businessinsider.com time to read: +3 min

AdvertisementTrump's felony hush-money sentencing had been scheduled for November 26. Trump's election and SCOTUS-bestowed immunity have thrown a giant monkey wrench in the schedule. Prosecutors have said they'll tell the judge how they wish to move forward by Tuesday, November 19. Whether President-elect Donald Trump will ever get sentenced on his now six-month-old hush-money conviction could become clearer as early as Tuesday, when prosecutors are scheduled to announce — at least to the judge — how they wish to proceed with the case. Since his decisive victory on Election Day, Trump's November 26 sentencing date has remained on hold indefinitely.

Persons: SCOTUS, Donald Trump, Trump, hampers, Juan Merchan, Merchan, Matthew Colangelo, Attorney Alvin Bragg, Colangelo, Stormy Daniels Organizations: Prosecutors, New, Attorney, Trump, New York City Locations: Manhattan, New York

☆ I took a job at JP Morgan for the prestige. Quitting to travel changed the way I view success.
▼ + stars: | 2024-11-19 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +5 min

AdvertisementAshley Tan got a job at JP Morgan in Singapore after graduating from university. This as-told-to essay is based on a conversation with Ashley Tan, 29, who quit her job at JP Morgan Singapore to travel. After graduating from university, I went straight to work and took a role at JP Morgan for the company name. I joined JP Morgan because of it's prestigeI was hired by JP Morgan in December 2022 as an events and marketing analyst. It was scary, but I officially quit JP Morgan in March because I knew I'd regret it if I didn't take the risk.

Persons: Ashley Tan, Tan, It's, I've, JP Morgan, Morgan, I'd, it's, it'll, I'm, what's, you've, Tess Martinelli Organizations: Morgan, JP Morgan, JP, Singapore Locations: Singapore, JP Morgan Singapore, Bali, Europe, Australia, tmartinelli

☆ Jefferies says buy this pharmaceutical play, sees more than 100% upside from here
▼ + stars: | 2024-11-19 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Aclaris Therapeutics' recent drug developments could spell more gains ahead, according to Jefferies. Analyst Roger Song upgraded the stock to buy from hold and hiked his price target by $5 to $7, implying about 123% upside from Monday's close. ACRS YTD mountain ACRS, year-to-date Song specifically pointed to the strength of its BSI-045B treatment, which is an anti-thymic stromal lymphopoietin (TSLP) monoclonal antibody for atopic dermatitis (AD). If success, BSI-045B could be the 1st anti-TSLP in the crowded AD space providing differentiated [mechanism of action] [with] improved efficacy [and] safety." This comes as the company announced on Monday that it entered into an exclusive license agreement with Biosion for worldwide rights, excluding greater China, to both that drug and its other anti-TSLP drug known as BSI-502.

Persons: Roger Song, Biosion, Jefferies, Piper Sandler, Christopher Raymond, derm Organizations: Therapeutics, Jefferies, BSI Locations: China, Aclaris

☆ Bluesky has 'the juice' — but it still doesn't have the normies
▼ + stars: | 2024-11-19 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

There's a hero we need: Pop Crave. Bluesky has seen explosive growth in the last few weeks — hitting 20 million users. What Bluesky has right now is a ton of new users, mostly of a certain type — the brainiac set. However, there is a Pop Base account — a competitor to Pop Crave. Pop Base confirmed to me that they're on Bluesky — they said they joined in 2022 but only started posting regularly in the last few weeks.

Persons: it's, Bluesky, Elon Musk's, Donald Trump, — brainiacs, Max Read, Sabrina Carpenter stan, —, Olivia Rodrigo Organizations: Twitter, Pop Base Locations: Bushwick, Brooklyn, Manhattan, Forest Hills, Queens

☆ A bumper crop of art is hitting the New York auction market. Will Trump help?
▼ + stars: | 2024-11-19 | by ( Auzinea Bacon | John Towfighi | ) edition.cnn.com time to read: +6 min

Art on the auction blockA little more than half of Phillips, Christie’s and Sotheby’s sales — which will carry the three aforementioned art pieces — were based in New York, where 34 of the top 50 auction lots were sold in 2023, according to an Art Basel and UBS Art Market Report. Christie’s is auctioning 689 lots this week as part of the November art auctions. But Todd Levin of Levin Art Group was skeptical that tax cuts would do much for the art market. Interest ratesAnother drag on the art market over the last few years: high interest rates. A signal for what’s to comeNew York’s art auctions in the spring and fall could be a sign of things to come for the global art market, according to Woodham.

Persons: Maurizio Cattelan’s, ”, Andy Warhol’s “, Rene Magritte’s “, Sotheby’s, Phillips, Merrill Lynch, Donald Trump, Alex Glauber, ” Glauber, Christie’s, René Magritte, Marc Porter, Hiroko Masuike, Trump, bode, Todd Levin, “ It’s, Doug Woodham, —, Fernando Botero's, Kena Batancur, Glauber, Amy Whitaker, ’, ” Whitaker Organizations: New, New York CNN, Andy Warhol’s “ New York Skyscrapers, of, Christie’s, Association of Professional Art Advisors, CNN, Art Basel, UBS Art, New York Times, UBS Survey, Global, Trump White, Levin Art, Federal Reserve, Trump, NYU Steinhardt Locations: New York, Belgian, Christie’s Americas, Woodham, AFP, Miami

☆ Wall Street analysts tout our 2 cybersecurity stocks ahead of quarterly earnings
▼ + stars: | 2024-11-19 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

Wall Street analysts are showing two cybersecurity stocks some love ahead of their quarterly results. In addition, Truist on Monday raised its price target on Palo Alto to $425 from $387 a share. "Larger platformization deals are leading to bigger long-term commitments," Truist said, citing conversations with Palo Alto customers and partners. PANW YTD mountain Palo Alto Networks (PANW) year-to-date performance Big picture Palo Alto Networks had a rocky start to 2024. And as with Palo Alto, remarks from management should give us a peek into the state of cyber spending overall.

Persons: Jefferies, Truist, management's, Nikesh Arora, Jim Cramer, Morgan Stanley, Jim, Jim Cramer's, Eduardo Munoz Organizations: ISI, Palo Alto Networks, Palo, Alto Networks, Palo Alto, CNBC, Traders, New York Stock Exchange Locations: Palo Alto, Ukraine, Russia, Palo, billings, New York, U.S

☆ Biden’s major missile reversal complicates potential western diplomatic thaw with Moscow
▼ + stars: | 2024-11-19 | by ( Kayla Tausche | Kevin Liptak | ) edition.cnn.com time to read: +6 min

But it also complicated the diplomatic dance leaders attending the G20 summit must partake in as they navigate the complex geopolitical dynamics of the bloc. Lavrov attended the G20 in place of Russian President Vladimir Putin, who faced questions about whether he could be arrested for war crimes on international soil. In his remarks at the close of the summit, Lavrov also hailed the German government’s refusal to send Taurus cruise missiles to Ukraine as a “responsible stance,” TASS reported. There had been hope among western officials of a strong statement denouncing Russia’s invasion at the conclusion of the summit. American officials were unsurprised to learn Moscow had updated its nuclear doctrine following Biden’s decision on long-range missiles.

Persons: Russia “, Sergey Lavrov, Lavrov, Vladimir Putin, Volodymyr Zelensky, Putin, –, Biden, Donald Trump, Olaf Scholz, Emmanuel Macron, It’s, Trump, Mike Waltz, “, ”, We’ve, I’m, Jon Organizations: Rio de Janeiro CNN, West, White House, ” TASS, Ukraine, NATO, Fox News, Trump Locations: Rio de Janeiro, United States, Ukraine, Russia, Russian, Rio ., Moscow, Rio, Florida, New Delhi

☆ The double threat of new Trump tariffs, wave of port strikes is coming for the supply chain in early 2025
▼ + stars: | 2024-11-19 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

Uncertainty among U.S. shippers is escalating into 2025 with the expectation of new Trump tariffs and the possibility of a new ports strike that could begin in mid-January. The earliest new tariffs could be in effect is in late February or early March, according to an alert from C.H. Travel time for ocean freight from China to the East Coast and Gulf Coast ports is 40-55 days. He added that making these types of decisions has become part of the typical uncertainty that the supply chain needs to be prepared to face. "I was running a high-tech manufacturing operation before I took this job and we did manufacturing through China," Rhodes said.

Persons: Honour Lane Shipping, Robinson, USMX, Corey Rhodes, Rhodes Organizations: Trump, CNBC, Honour Lane, ILA, United States Maritime Alliance, Whirlpool, AB InBev, Danone Locations: Asia, Southern California, New England, Texas, China, East Coast, Gulf Coast

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