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Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Meanwhile, HSBC downgraded Morgan Stanley stock to a hold from buy Monday evening. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Donald Trump's, Jim, Stanley Black, Decker, Wells, Charlie Scharf's, Wells Fargo, Morgan Stanley, Jim Cramer's Organizations: CNBC, Nasdaq, Dow Jones, Trump, Wells, Reuters, Federal Reserve, HSBC, Morgan Locations: Canada, Mexico, China, U.S, Wells Fargo
Escaping the 'Perfection Trap'
  + stars: | 2024-11-26 | by ( Sponsored Ibm | ) www.businessinsider.com   time to read: +5 min
Many organizations experimenting with AI may find themselves stuck in a "perfection trap," reluctant to deploy anything less than 100% complete. This widespread hesitation to move forward can hinder AI progress — and very few organizations have moved beyond the experimentation phase. Roughly 80% of surveyed AI leaders report data-related challenges, including governance concerns. By avoiding the perfection trap, leaders can foster sustained innovation and maximize the value of their AI investments. Read the AI in Action 2024 report to learn more about how IBM can help you turn AI experiments into transformative solutions.
Persons: Winston Churchill, Cathy Reese, hesitancy, Reese Organizations: Public Data, Technology Service, IBM Consulting, IBM, Insider Studios
The phones are the first capable of running Huawei's new operating system called HarmonyOS NEXT. The Mate 70 is the successor of the Mate 60, which was released last year and sent shockwaves through the tech and political worlds. Huawei was separated from Google's Android operating system in 2019, forcing the Chinese tech giant to develop its own software. The Mate 70 series comes in three varieties — the Mate 70, Mate 70 Pro and Mate 70 Pro+. The Mate 70 starts at 5,499 ($759) Chinese yuan, while the Mate 70 Pro+ starts at 8,499 yuan.
Persons: Richard Yu, Will Wong Organizations: Huawei, Huawei Huawei, Tuesday, HarmonyOS NEXT, IDC, CNBC, Apple, Apple Intelligence Locations: Shenzhen, U.S, China
I was co-leader of Operation Warp Speed, which began in Mr. Trump’s first term to accelerate the development of Covid-19 vaccines. I worked on the purchase and rollout of hundreds of millions of vaccines and on developing antiviral treatments. Now I am back at my job teaching at the medical school at the University of California, San Francisco. I have been monitoring the spread of bird flu, also known as H5N1, and discussing the situation with colleagues around the country. In addition, a child in Alameda County in California with minor respiratory symptoms tested positive for H5N1 recently; it is unclear how the child became infected.
Persons: Donald Trump, Biden, Trump’s Organizations: White, Biden administration’s, University of California Locations: San Francisco, United States, Alameda County, California
CNN —The Israeli security cabinet on Tuesday voted to approve a ceasefire deal in Lebanon, an Israeli official told CNN, potentially bringing an end to more than a year of cross-border skirmishes with Hezbollah and months of a full-scale war that has killed thousands. Resolution 1701 was adopted to end a 34-day war between Israel and Lebanon in 2006, and had kept relative calm in the area for nearly two decades. At least 10 people were killed in the strikes on central Beirut, the Lebanese Health Ministry said. Israeli Prime Minister Benjamin Netanyahu speaks during a televised address Tuesday evening. In his address, Netanyahu stressed that Israel will respond “forcefully” if Hezbollah violates the agreement and attempts to rearm.
Persons: Israel, Benjamin Netanyahu, ” Netanyahu, Itamar Ben Gvir, , Ben Gvir, Avihay Shtern, Shmona –, , Shmona ”, ” Shtern, Netanyahu Organizations: CNN, UN, Lebanese, Lebanese Health Ministry, US State Department, National Locations: Lebanon, Israel, Beirut, , Gaza, Israel’s
CNN —Millions more senior citizens and lower-income Americans could obtain coverage for costly anti-obesity drugs under a proposal being unveiled Tuesday by the Biden administration. Some Medicare enrollees could see their out-of-pocket costs drop by as much as 95%. The incoming Trump administration may not view expanding coverage of anti-obesity drugs as favorably. About 3.6 million Medicare enrollees with cardiovascular disease could be newly eligible for Wegovy, according to a KFF analysis released in April. Not all job-based health insurance plans cover anti-obesity medications, though larger employers are more likely to offer the benefit.
Persons: Biden, It’s, Joe Biden, Trump, Robert F, Kennedy Jr, Donald Trump, Dr, Mehmet Oz, don’t Organizations: CNN, Medicare, Department of Health, Human Services, RFK Jr, Fox, Services, Trump, Medicare enrollees, Food and Drug Administration, Congressional, Survey Locations: That’s, KFF
AdvertisementI used my savings and a $15,000 gift from my mom to travel and temporarily move to Italy in my 30s. So when I turned 30 that year, I used my savings and $15,000 from my mom to travel, take a gap year, and find "La Dolce Vita" in Italy. I loved the life I'd had in Italy, and I knew I had to finish what I'd started. Living in Italy was a once-in-a-lifetime experience — and I'm thankful my mom helped me do itI'm grateful I got to experience Italy, and I don't regret asking my mom for help. Finding self-confidence in Italy was a priceless experience, and I'll always cherish the memories from my gap year.
Persons: I'd, Tricia Patras, She'd, Organizations: US Locations: Italy, San Francisco, Egypt, Greece, Florence, Japan, Munich, Europe
CNN —An FBI special agent who was acquitted of attempted murder in a DC Metro shooting has been charged with raping and assaulting two women in Maryland, police said Monday. Eduardo Valdivia, 40, has been suspended from the FBI pending a police investigation, a spokesperson for the bureau’s Washington field office told CNN. “The FBI takes allegations of criminal violations and misconduct very seriously,” the field office said in a statement. Bonsib confirmed to the Associated Press that his client was arrested Monday on sexual assault charges. Valdivia is set to appear in Montgomery District Court on Tuesday for a bail hearing, according to court records.
Persons: Eduardo Valdivia, , Robert Bonsib, Bonsib, ” Bonsib Organizations: CNN, FBI, DC Metro, Montgomery County Police Department, Investigations, Metro, Associated Press Locations: Maryland, Washington, Montgomery, Valdivia, Montgomery County, DC, Montgomery District
Eli Lilly shares soared Tuesday on a one-two punch of good news. The second positive development for Eli Lilly comes from Amgen , which reported mid-stage trial results for its experimental obesity treatment known as MariTide. Big picture The prospect of across-the-board coverage of obesity drugs for Medicare and Medicaid enrollees would be a financial win for Eli Lilly, particularly on the Medicare front. For its part, Eli Lilly has said regulators could expand Zepbound's label to cover obstructive sleep apnea by year-end. An Eli Lilly & Co. Zepbound injection pen arranged in the Brooklyn borough of New York, US, on Thursday, March 28, 2024.
Persons: Eli Lilly, Jim Cramer, Biden, Lilly, didn't, Wegovy, Zepbound, Biden administration's, Donald Trump, Wells, Robert F, Kennedy Jr, Trump, Kennedy —, Kennedy, Novo, Leerink, Eli Lilly's tirzepatide, Piper Sandler, tirzepatide, Piper, Jim, Amgen's, retatrutide, Jim Cramer's, Shelby Knowles Organizations: Novo Nordisk, Medicaid, NBC News, White, Medicare, Centers, Services, STOP, Alliance, Wells Fargo, of Health, Human Services, Food and Drug Administration, Senate, Biden, Club, CNBC, Bloomberg, Getty Locations: New York, Texas, Amgen, Lilly, Brooklyn
Nordstrom on Tuesday beat Wall Street's quarterly sales expectations, as revenue grew about 4% year over year from shoppers buying clothing, shoes and activewear at both the company's namesake department store and its off-price chain. Compared with the second quarter, women's apparel, shoes and men's apparel sales in the fiscal third quarter also grew sequentially. Comparable sales increased 4% across Nordstrom's two brands, its namesake and its off-price chain, Nordstrom Rack. That easily topped analysts' expectations for 0.7% gains in comparable sales, according to StreetAccount. Nordstrom's sales growth, while modest, is notable at a time when sales of discretionary merchandise and the luxury category have been under pressure.
Persons: Nordstrom, Erik Nordstorm, we're, we'll, we've, Erik Nordstrom, Peter Nordstrom Organizations: LSEG, Nordstrom, Retailers, Walmart, El Puerto de Liverpool Locations: Chicago , Illinois, Seattle, Mexican, El Puerto
AdvertisementKiera Knightley played Elizabeth Swann in the "Pirates of the Caribbean" franchise. Knightley said the films were the reason she "was taken down publicly." Kiera Knightley said that the "Pirates of the Caribbean" franchise made her career, but it was also the reason that she "was taken down publicly." Knightley said she wouldn't appear in another major franchise following her experience with "Pirates of the Caribbean." It's years of your life, you have no control over where you're filming, how long you're filming, what you're filming."
Persons: Kiera Knightley, Elizabeth Swann, Knightley, Orlando Bloom, Johnny Depp, TheNumbers.com, Oscar, " Knightley, Bloom, Will Turner, hadn't, Legolas, Ridley Scott Organizations: Pirates, Disney, Stranger Tides, The Times, Hollywood Locations: Caribbean, London, Kingdom, Antarctica
Last Thanksgiving, I tried eight different biscuit mixes and doughs to see which was the tastiest. The original Pillsbury Biscuits and the Red Lobster Cheddar Bay Biscuits came out on top. In time for the holidays last year, I tried Annie's Organic Flaky Biscuits, Red Lobster Cheddar Bay Biscuits, Trader Joe's Organic Biscuits, Immaculate Organic Biscuits, Happy Belly Jumbo Buttermilk Biscuits, and three different kinds from Pillsbury: its Original Flaky Layers, Grands! Southern Homestyle Southern Recipe, and Grands! Southern Homestyle Butter Tastin'.
Persons: Kit Kats Organizations: Pillsbury Biscuits, Biscuits, Immaculate Organic, Pillsbury, Amazon Fresh
The apparel company issued strong holiday guidance on Tuesday after posting its sixth straight quarter of double-digit sales growth and another quarter of results that topped expectations. For the all-important holiday shopping quarter, Abercrombie is expecting sales growth of 5% to 7%, ahead of the 4.8% growth that analysts had expected, according to LSEG. That new outlook is higher than the 12.1% growth analysts had expected, according to LSEG. The Abercrombie and Hollister brands posted comparable sales growth of 11% and 21%, respectively. Horowitz noted the strong performances lapped growth of 26% for Abercrombie and 7% for Hollister last year.
Persons: Fitch isn't, Mike Jeffries, Abercrombie, Fran Horowitz, Horowitz, Hollister, it's, It's, Donald Trump's, , bullishness Organizations: Abercrombie, Fitch, LSEG, NFL, Hollister, Black, Dick's Locations: Manhattan, New York City, Americas
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Monday's full episode of the Halftime Report — November 26, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.
Persons: CNBC's Scott Wapner Organizations: CNBC PRO
Wall Street's celebration of President-elect Donald Trump's Treasury pick may be a tad premature. The market's resurgence following the Bessent announcement makes for calming copy, but is it the correct assessment of what's to come? It's true that Wall Street veteran Bessent has been a successful money manager. However, Bessent suggested that he is comfortable using tariffs as negotiations to " escalate to de-escalate " the risks of global trade imbalances. But little of what's been discussed about the Treasury Secretary pick supports the rather large rallies we've seen in both stocks and bond prices.
Persons: Donald Trump's, Scott Bessent, Bessent, Trump, We'll, what's, we've, , Ron Insana Organizations: Donald Trump's Treasury, Dow Jones Industrial, Wall, Bloomberg News, U.S, Trump, Biden, CNBC Locations: China, Mexico, Canada, U.S, Ukraine
It’s official: A legal settlement that will rewrite the way many real estate agents are paid in the United States has received its final approval from a federal judge. Judge Stephen R. Bough of the Western District of Missouri on Tuesday approved an agreement between the National Association of Realtors and a group of home sellers who sued the real estate trade group over its longstanding rules on agents’ commissions, which they say forced them to pay excessive fees. It was the last step in an eight-month process that was set in motion when N.A.R., the nation’s largest trade association, agreed to the landmark deal on March 15. It was also largely a formality — Judge Bough gave preliminary approval to the agreement on April 23, and the rule changes detailed in the settlement took effect on Aug. 17, forcing agents across the country to begin adjusting how they do their jobs.
Persons: Stephen R, Bough Organizations: United States, Western, of, National Association of Realtors Locations: United, of Missouri
CNN —Israel and Lebanon have accepted a US-backed proposal to end the 13-month border conflict that spiraled into an all-out war in September with Hezbollah. What the deal entailsThe deal stipulates a 60-day cessation of hostilities, which negotiators have described as the foundation of a lasting truce. On September 27, Israel killed Hezbollah’s long-time leader Nasrallah in a massive attack in the southern suburbs of Beirut, upending the truce talks. Since October 2023, Hezbollah’s attacks on Israel have killed 47 Israeli civilians and 31 security forces in Israel. Palestinians in Gaza are unlikely to find respite if a Lebanon deal is signed, according to a regional analyst.
Persons: CNN —, Joe Biden, Biden, Emmanuel Macron, Isaac Herzog, , , ” Herzog, Israel, Chris McGrath, Hassan Nasrallah, Hezbollah’s, Nasrallah, Ahmad Al, ” Hellyer, Bashar Taleb Organizations: CNN, UN, United Nations, Lebanese, Royal United Services Institute, Getty, US, United Locations: CNN — Israel, Lebanon, Israel, France, Iran, overflights, Lebanese, Aadaysit, Gaza, Beirut, upending, , London, Deir el, Balah, United States
Learn moreVPN deals often come with some of the most competitive Black Friday sales each year, and the 2024 ExpressVPN Black Friday deals are no exception. Subscribers can get a one-year plan for $99.95 or a two-year plan for $149.70. This ExpressVPN deal will be available until December 6, but ExpressVPN isn't the only service offering impressive Black Friday savings opportunities. ExpressVPN Black Friday dealsExpressVPN One Year Plan (w/ 4 Extra Months Free) $99.95 $207.20 Save 52% ExpressVPN's one-year plan offers major discounts plus an extra four months free. View at ExpressVPNExpressVPN Two Year Plan (w/ 6 Extra Months Free) $149.70 $388.50 Save 61% ExpressVPN's two-year plan offers even more savings than its one-year counterpart, including six months free.
Persons: ExpressVPN, There's, VPNs, You'll Organizations: Business, Theft Insurance
CNN —Researchers have discovered the residues of psychedelic drugs, bodily fluids and alcohol inside a 2,000-year-old mug, suggesting that ancient Egyptians imbibed hallucinogenic beverages during rituals. “Religion is one of the most fascinating and puzzling aspects of ancient civilizations,” Tanasi said in a statement. Researchers analyzed a 2,000-year-old Bes mug for chemical and DNA traces. Tanasi scanned the Bes mug to conduct a three-dimensonal study of the vessel. “Inebriation played an important ritual role in some ancient Egyptian festivals, especially festivals associated with the flooding of the Nile,” Barrett said.
Persons: , Branko van Oppen, Davide Tanasi, Tanasi, we’ve, , Bes, ” Tanasi, Cassidy Delamarter, ” van Oppen, Cassidy, Betsy Bryan, Alexander Badawy, Bryan, ” Bryan, Caitie Barrett, Barrett, “ Inebriation, ” Barrett, Hathor, “ Bes Organizations: CNN —, Tampa Museum of Art, Institute for Digital Exploration, University of South, Egyptian Art, Johns Hopkins University, Cornell Locations: Egypt, University of South Florida, Saqqara, Giza, Cornell University’s
Courtesy of Chloé Skye WeiserLater, the Covid lockdowns added more difficulty to the mix. By attending a mix of events, some geared to internationals and others to Danes, I've found community, felt a sense of belonging, and grown as a person. Courtesy of Chloé Skye WeiserConnecting with visitors gives me the opportunity to practice my Danish. Courtesy of Chloé Skye WeiserThis sense of camaraderie serves as a bridge to further conversation. Courtesy of Chloé Skye WeiserWe celebrate each other's performances and sometimes meet outside of karaoke to practice duets.
Persons: It's, Danes, I've, Skye Weiser, I'm, Rikke, She's, Rikke's, Bouldering, Pernille Organizations: Palestine, Danes, Cafe, Denmark, Ungdomshuset Odense, Ungdomshuset Locations: Denmark, Czechia, Czech, Odense, Danish, Funen, New York, Israel, Cafe Odense, Skye Weiser, Ungdomshuset Odense
AdvertisementAs a chef of over 15 years, I've learned how to cook the perfect turkey. There are some solid tips I've learned as a chef to improve any sort of holiday-turkey preparations and make this year's bird the best yet. Decide on a cooking methodAny way to cook a turkey can be successful if you prepare your bird well enough. Let the turkey restPlan to have your turkey done before the meal so that it (and you) can take a break. AdvertisementCarve and plate your turkey in sectionsCarve your turkey into different sections in your kitchen.
Persons: I've, it's, Mariusz S Organizations: CDC
Jorge Duenes | REUTERSDETROIT – Shares of automakers General Motors and Stellantis fell Tuesday morning after President-elect Donald Trump threatened to put 25% tariffs on goods imported from Canada and Mexico into the U.S. UBS reports the automotive industry is responsible for 26% of imports from Mexico to the U.S., including vehicles and parts, and 12% from Canada. Nearly every major automaker operating in the U.S. has factories in Mexico, however GM and Stellantis produce highly profitable full-size pickup trucks there. Shares of Toyota Motor, Honda Motor and others with production in Mexico also were down at least 1%. Trump announced he intends to levy a 25% tariff on all U.S. imports from Canada and Mexico using an executive order when he is inaugurated on Jan. 20.
Persons: Jorge Duenes, Stellantis, Donald Trump, Trump Organizations: Toyota, REUTERS DETROIT –, General Motors, American Free Trade, UBS, GM, Barclays, Ford, Chrysler, Ford Motor, Toyota Motor, Honda Motor, North American Free Trade, American Automotive Policy Council Locations: U.S, Tijuana , Mexico, Canada, Mexico, United States
London-based hedge fund Granular Capital has revealed a renewed interest Borr Drilling , saying the offshore drilling company's shares could increase by up to 300% or 400%. The hedge fund's thesis centers on Borr's fleet of 24 modern jack-up rigs – specialized vessels used to maintain oil and gas production in shallow waters. Additionally, about one-third of the global jack-up fleet is approaching or has exceeded retirement age, suggesting a likely decrease in available equipment going forward. Singapore, which previously constructed 50% of global jackup rigs, has largely converted its manufacturing capacity to other uses. This week, Seatrium signed an agreement with India's Cochin Shipyard to build jack-up rigs, potentially at a lower cost in the future.
Persons: Thiago Mordehachvili, there's, Mordehachvili, Tor Olav Trøim, Sebastian Grindheim, Borr, Truls Olsen, Evercore, Jason, Granular's Mordehachvili, Seatrium Organizations: Borr, Sohn Conference, NYSE, Arctic Securities, Exxon Mobil, Valeura Energy, Fieldwood Energy, FactSet, Fearnley Securities, CNBC Pro, Keppel Offshore, India's, Shipyard Locations: Norway, Saudi Aramco, Malaysia, Thailand, Mexico, Mordehachvili, Singapore
This spiraled into a diss-track war in April and May, with Cole, Drake, Rick Ross, and Lamar all releasing new songs. Later in the track, Drake references Cole's diss track and apology. Evan Agostini/Invision/APLater in the track, Drake raps that he gave Future his first No. At the end of the track, Lamar samples a 1994 Tupac interview to simulate a conversation between the two rappers. Instead of insulting Drake, Lamar claims that the "Push Ups" rapper's circle has been feeding him lies, leaking information about him, and hoping for his downfall.
Persons: Drake, Kendrick Lamar, Lamar, Lamar dissed Drake, J, Cole, Rick Ross, Hannah Getahun, Joseph Okpako, WireImage Lamar, Jermaine Cole, Big, Wale, Pusha, Meek Millz, Big Sean, Jay, Tyler, Mac Miller, Kunta, Lamar hasn't, Meek, Getty, Tim Mosenfelder, Aubrey, Muhammad Ali, Michael Jackson, Jackson, , rics,, m., ake Organizations: UMG, Spotify, Future, Metro, Universal Music Group, Wireless, Lamar, Big, Rocky, Rap Locations: Drake's, Lamar, Drake, Diss, Lamar's, Florida
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSaudi Arabia's investment minister says private sector is 'main driver of building the new economy'Khalid Al Falih, Saudi Arabia's investment minister, outlines the kingdom's plans to boost economic activity and bring in foreign investments.
Persons: Khalid Al Falih Organizations: Saudi Locations: Saudi
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