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☆ Election 2024 live updates: Harris and Trump make last appeals to battleground voters
▼ + stars: | 2024-11-04 | by ( Dan Mangan Kevin Breuninger Jake Piazza Annie Nova Rebecca Picciotto Ece Yildirim | Dan Mangan | Kevin Breuninger | ) www.cnbc.com time to read: 1 min

The closing day of the 2024 presidential campaign is underway, and CNBC is covering the final hours of the race live. Former President Donald Trump begins his day in Raleigh, North Carolina, before attending rallies in Reading, Pennsylvania and Pittsburgh, and finishing out the night in Grand Rapids, Michigan. Vice President Kamala Harris will also hold rallies in Reading and Pittsburgh, part of a four-stop barnstorm of Pennsylvania that will culminate in a massive rally and concert on the steps of the Philadelphia Art Museum. More than 75 million people have already voted in person early or by mail, according to NBC's early vote tracker. For more state by state poll hours and voting information, click here.

Persons: Donald Trump, Kamala Harris, NBC's Organizations: CNBC, Philadelphia Art Museum Locations: Raleigh , North Carolina, Reading , Pennsylvania, Pittsburgh, Grand Rapids , Michigan, Reading, Pennsylvania, Kentucky, Indiana

☆ Quincy Jones, musical titan and entertainment icon, dead at 91
▼ + stars: | 2024-11-04 | by ( Lisa Respers France | ) edition.cnn.com time to read: +7 min

“Tonight, with full but broken hearts, we must share the news of our father and brother Quincy Jones’ passing,” the Jones family said in the statement. American jazz musician, arranger, and composer Quincy Jones (left) works with singer and actor Frank Sinatra on a soundstage, 1964. His family eventually moved to Seattle, Washington, and Jones began taking lessons from famed horn player Clark Terry. Musician, composer and producer Quincy Jones poses for a portrait in 1981 in Los Angeles. In 1967 he married Swedish model Ulla Andersson, and they had two children, Martina and Quincy Jones III, before divorcing in 1974.

Persons: Quincy Jones, Ray Charles, Frank Sinatra, Michael Jackson, Jones, ”, John Dominis, Michael Jackson’s, Clark Terry, Lionel Hampton, Gladys, “, ” Jones, ‘, We’ll, ’ ” Jones, Schillinger, Count Basie, Duke Ellington, Sarah Vaughan, Dizzy Gillespie, Bobby Holland, Michael Ochs, Leslie Gore’s, Peggy Lee, Jackson, Steven Spielberg, Jim Henson, Kevin Mazur, Bel, Will Smith, Jeri Caldwell, Jolie, Ulla Andersson, Quincy Jones III, Peggy Lipton, Rashida Jones, Kidada Jones, Rachel, Carol Reynolds, Kenya Kinski, Nastassja Kinski, Rolling Stone, Louie Armstrong, Mr, Sinatra Organizations: CNN, Hampton, National Endowment, Arts, Berklee College of Music, Michael Ochs Archives, Mercury Records, Party, M Records, Qwest, Jim Henson Studios Locations: Bel Air , California, American, Chicago, Seattle , Washington, Boston, Los Angeles, Haiti, Hollywood , California, Swedish, Kenya

☆ Arizona businesses worry immigration proposal on ballot would exacerbate worker shortage
▼ + stars: | 2024-11-04 | by ( Emily Wilkins | ) www.cnbc.com time to read: +3 min

About 16.2% of Arizona's workforce is made up of immigrants, according to a 2022 study by the American Immigration Council. Meanwhile, the state is also facing a job shortage, 197,000 as of June, according to the Bureau of Labor Statistics. "We have several members that are in the construction industry that aren't able to find workers to complete projects," she said. Arizona Democratic Senate candidate U.S. Rep. Ruben Gallego speaks during a press conference about the Arizona-Mexico border at the Santa Cruz County Sheriff’s Department in Nogales, Arizona, March 18, 2024. Arizona Attorney General candidate Abe Hamadeh, Arizona Republican Senate candidate Blake Masters, Republican gubernatorial candidate Kari Lake and Secretary of State candidate Mark Finchem hold a press conference as they tour the Arizona-Mexico border area, Nov. 4, 2022.

Persons: Monica Villalobos, Ruben Gallego, Kari Lake, Sen, Kyrsten, Rebecca Noble, Michael Infanzon, Gallego, Abe Hamadeh, Blake Masters, Mark Finchem, Kevin Dietsch Organizations: PHOENIX, Senate, American Immigration, Bureau of Labor Statistics, Arizona Hispanic Chamber of Commerce, Democratic Rep, Arizona, Arizona Democratic, U.S . Rep, Santa Cruz County Sheriff’s Department, Reuters, Congress, Canyon State Business Alliance, CNBC, Patrol, Arizona Republican, Republican, Getty Locations: Arizona, Mexico, Santa Cruz County, Nogales , Arizona, Maryland, Virginia

☆ Judith Kent, Jamie Dimon's wife, went door to door in Michigan canvassing voters for Kamala Harris
▼ + stars: | 2024-11-04 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Judith Kent, Jamie Dimon's wife, hit the campaign trail for Kamala Harris on Sunday. Kent went door to door to speak to voters in Lansing, Michigan. AdvertisementJudith Kent, the wife of JPMorgan CEO Jamie Dimon, was out in Michigan canvassing voters for Vice President and Democratic presidential candidate Kamala Harris on Sunday. "I have a lot of respect for Jamie Dimon," Trump told the outlet. In addition to Kent, the Harris campaign has won the support of multiple powerful women in business and entertainment alike.

Persons: Judith Kent, Jamie Dimon's, Kamala Harris, Kent, Dimon hasn't, —, Jamie Dimon, Dimon, Harris, Maggie Haberman, Walz, Andrew Restuccia, I'm, I've, Donald Trump, Trump, BI's Grace Eliza Goodwin, Taylor Swift, Melinda French Gates, Laurene Powell, Gates Organizations: Service, Democratic, New York Times, Democratic Party, Kent, Harris, Business, JPMorgan, Bloomberg, Bloomberg Businessweek, Truth, Democratic National Committee Locations: Lansing , Michigan, Michigan, Lansing, Maggie Haberman . Michigan, Kent

☆ Election stressing you out? Here’s what to watch to unplug
▼ + stars: | 2024-11-02 | by ( Dan Heching | ) edition.cnn.com time to read: +3 min

CNN —As the nation and the world waits and watches for the results of the US presidential election this week, it’s safe to say that tensions may be running high. ‘Red, White & Royal Blue’(from left) Taylor Zakhar Perez and Nicholas Galitzine in "Red, White & Royal Blue." The movie was so cheeky and popular, it just might lead to a sequel. Directed and cowritten by Beatty, the movie was nominated for a best original screenplay Oscar at the time. ‘Dick’(from left) Kirsten Dunst, Michelle Williams and Dan Hedaya in "Dick."

Persons: Reese Witherspoon, Matthew Broderick’s, “ Ferris, Taylor Zakhar Perez, Nicholas Galitzine, Jonathan Prime, Casey McQuiston, King, England, Katie Holmes, Michael Keaton, ‘, ’, Michael Douglas, Annette Bening, Bulworth ’ Halle Berry, Warren Beatty, Halle Berry, “, Beatty, Oscar, Dave ’ Kevin Kline, Sigourney Weaver, Dave, Warner, Kevin Kline, ‘ Dick ’, Kirsten Dunst, Michelle Williams, Dan Hedaya, Dick, Kerry Hayes, Nixon –, Dan Hedaya – Organizations: CNN, Secret Service, ” Universal, Warner Bros, “ Locations: “, Columbia

Lebanon's caretaker Prime Minister Najib Mikati attends a press conference in Paris, France, on October 24. “We are doing our best and are optimistic that within the next few hours or days we will have a ceasefire,” Lebanon’s caretaker Prime Minister Najib Mikati said Wednesday in an interview with Lebanese media outlet Al Jadeed. Any progress at lowering temperatures in the region will be considered a win inside the White House. CIA Director Bill Burns was in Cairo on Thursday for discussions on Gaza and Lebanon, including a meeting with Egyptian President Abdel Fattah El-Sisi. Read more about the diplomatic push.

Persons: Najib Mikati, Sarah Meyssonnier, Benjamin Netanyahu, ”, Netanyahu, Biden, –, Bill Burns, Abdel Fattah El, Amos Hochstein, Brett McGurk, Hochstein Organizations: Reuters American, CIA, White Locations: Paris, France, Gaza, Lebanon, Israel, Cairo, Iran

☆ Bitcoin slips below $70,000 after notching 12% gain in October: CNBC Crypto World
▼ + stars: | 2024-11-01 | by ( Tanaya Macheel | Jordan Smith | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin slips below $70,000 after notching 12% gain in October: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Kevin Lehtiniitty of Borderless.xyz shares his outlook for the crypto market and the broader industry in 2025.

Persons: explainers, Kevin Lehtiniitty, Borderless.xyz Organizations: CNBC Crypto, CNBC

☆ Why fast-food chains and big brands love loyalty programs
▼ + stars: | 2024-11-01 | by ( Nora Redmond | ) www.businessinsider.com time to read: +6 min

Fast-food chains and retailers are using loyalty programs to drive sales amid inflation challenges. AdvertisementRetailers and fast-food chains are leaning into loyalty programs to drive sales. Starbucks' loyalty program is also growing. AdvertisementThe power lies in the perksHowever, a good loyalty program should be about more than just the points. Advertisement"In a marketplace where choices are endless, a strong loyalty program doesn't just retain customers, it also builds a relationship that feels personal and valuable," she said.

Persons: —, McDonald's, Chris Kempczinski, Kempczinski, It's, Laxman Narasimhan, Paschal, Lindsey Wasson, Burger, Kevin Shahnazari, Zsuzsa Kecsmar, Zarina Stanford, doesn't, Kecsmar Organizations: Service, Global, Starbucks, Costco, AP, KFC, Burger King, Nike Locations: Colorado

“She has been pretty resistant to having those conversations,” said one senior Democrat familiar with the pre-election discussions with the vice president. While Harris’ transition team has been operating out of government-provided offices in Washington, Trump’s transition team is working from Manhattan and the Willard Hotel in Washington. A Harris victory would trigger the first same-party transition since 1989, when President Ronald Reagan handed off the presidency to his vice president, George H.W. Yet the extent to which Harris would retain members of the Biden administration is largely unknown. While Harris has maintained relationships with individual Cabinet and administration officials, some believe she will prefer to start anew with her own team.

Persons: CNN — Kamala Harris, Donald Trump, Harris, ”, “, I’ve, he’s, Joe Biden, Biden, Harris –, Harris ’, Ronald Reagan, George H.W, George H.W . Bush, “ They’re, Yohannes Abraham, Josh Hsu, Dana Remus Organizations: CNN, Harris Cabinet, Trump, White, Democratic, GOP, West Wing, White House, Biden, Republican, Association of Southeast Asian Nations Locations: Washington, Manhattan, Washington ., California, George H.W .

☆ Wealth manager for the super-rich names 3 stocks to buy before the year-end
▼ + stars: | 2024-11-01 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +5 min

Equity markets rallied this year, as investors remained bullish on Big Tech but also scooped up shares in under-the-radar companies. Year-to-date, shares in Exxon have gained 16.7%, while the stock of Barrick and Microsoft have gained around 10.8% and 15% respectively. Microsoft Teng remains bullish on Microsoft, despite Wrise making a "partial switch" and reducing its weight in the tech giant while increasing allocations to Nvidia in early August. Microsoft and and Nvidia are among the so-called Magnificent Seven stocks, which also include Alphabet , Amazon , Apple , Meta Platforms and Tesla . Nike Athletic footwear and apparel label Nike is another stock that Teng likes, despite bearish sentiments in Wall Street.

Persons: Kevin Teng, —, Barrick, Barrick Gold Teng, Microsoft Teng, Teng, OpenAI, AlixPartners, Walt Disney, Mickey Mouse Organizations: Big Tech, CNBC Pro, Wrise Private Singapore, Microsoft, behemoth Exxon Mobil, Barrick Gold, Exxon, Barrick, Exxon Mobil, Nvidia, Apple, Tesla, Nike Athletic, Nike, Disney, Marvel Studios, Disney Plus, 4Q, Pixar Animation Studios Locations: Asia, East, Europe, Wall Street

☆ CNBC Daily Open: Big Tech needs to go beyond beating earnings expectations
▼ + stars: | 2024-11-01 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Big Tech drags down marketsMajor U.S. indexes slumped on Thursday, weighed down heavily by losses in Big Tech shares. While the company's cloud division missed revenue expectations, it's growing faster than it had in the same period last year. CNBC Pro checked in with Teng again to find out how his picks have performed, and if he has changed his mind on the stocks he's betting on.

Persons: Kevin Teng, Teng Organizations: CNBC, Big Tech, U.S, Japan's Nikkei, CSI, Apple, Amazon, P Global, PMI, Boeing, Wrise Private Singapore Locations: Asia, Pacific, Cupertino, China

☆ Jim Cramer: Abbott stock is 'dirt cheap' after a surprising legal win validates our conviction
▼ + stars: | 2024-11-01 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

The legal overhang on Abbott Labs has been real, even if shares have found some traction in recent months. Bottom line Abbott Labs still faces other cases over its specialized formulas across the country, but Thursday night's win is significant. Abbott shares traded around 22 times forward earnings estimates Friday, below their five-year average of 24, according to FactSet. With victory in hand, Abbott Labs will now begin the next phase of its legal fight on much stronger ground. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Mead Johnson, Benckiser, Louis Children's, Abbott, Mead, —, Scott Stoffel, ABT, — Mead Johnson, Jim Cramer, Cramer, Jim Cramer's, Jim, Stacey Wescott Organizations: Abbott Laboratories, Club, Abbott Labs, NEC, CNBC, Abbott, and Drug Administration, Centers for Disease Control, National Institutes of Health, FDA, CDC, NIH, Chicago Tribune, Tribune, Service, Getty Locations: Missouri, St

☆ Hugh Grant says he panicked and almost named his newborn after his son's favorite Minion
▼ + stars: | 2024-11-01 | by ( Erin Liam | ) www.businessinsider.com time to read: +3 min

Grant is not alone in picking unique names. On Tuesday's episode of "Jimmy Kimmel Live," Grant recalled the process of choosing middle names for his children. "And he said, 'Kevin,' because that was his favorite Minion," Grant recalled, referring to the character on "Despicable Me." Earlier in the show, he reflected on his middle names, "John Mungo." With the rise of social media, more parents are seeking uncommon names, baby name consultants previously told BI.

Persons: Hugh Grant, Kevin, Grant, —, Jimmy Kimmel, Anna Eberstein, Lulu Danger Grant, Eberstein, Tinglan Hong, John Mungo, Grant didn't, Colleen Slagen, Slagen, Kayla Naab, it's Organizations: Service, Business Insider, BI Locations: Blue

Companies beat expectations, with some boosted by large cloud growth. AdvertisementThe tech giants Meta, Alphabet, Amazon, Apple, and Microsoft reported earnings this week, and investors were laser-focused on the results of AI investments. Cloud is kingMicrosoft, Alphabet, and Amazon saw significant growth in their cloud businesses, fueled by increased demand. Jeremy Goldman, EMARKETER's senior director of briefings, told BI that Microsoft's cloud business had decelerated from the "breakneck pace" of previous quarters. Related storiesWhile Google reported stronger cloud growth, Microsoft still leads it in cloud market share, and both are behind Amazon Web Services.

Persons: —, Kate Leaman, Jeremy Goldman, EMARKETER's, Amy Hood, Dan Romanoff, Andy Jassy, Tracy Woo, Forrester, AWS's, Jassy, Rufus, Sundar Pichai, Pichai, Mark Zuckerberg, Hood, Michael Field, Jaejune Kim, Lisa Su, we've Organizations: Apple, Companies, Service, Microsoft, Amazon, Morningstar, Google, Amazon Web, Amazon Web Services, Investment, Big Tech, Bank of America Securities, Meta, Nvidia, SK Hynix, Samsung, AMD, Services

☆ The Zuckerberg family Halloween costumes this year featured John Wick and a troupe of ballerinas
▼ + stars: | 2024-11-01 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

The CEO of Meta dressed up as Keanu Reeves' John Wick, complete with a wig, suit, and tie. "When your house full of girls decides to be ballerinas, be John Wick," he wrote on Instagram. "When your house full of girls decides to be ballerinas, be John Wick," Mark Zuckerberg, Meta CEO, wrote on Instagram on Thursday. In his post, Zuckerberg was photographed wearing a black suit and tie resembling the titular character from Keanu Reeves' "John Wick" film franchise. AdvertisementThere are four movies in the "John Wick" series, and it's grossed over a billion dollars at the worldwide box office.

Persons: Mark Zuckerberg, Meta, Keanu Reeves, John Wick, —, Zuckerberg, Instagram, Priscilla Chan, Zuckerberg's, Harry Potter, Albus Dumbledore, Reeves, Ana de Armas, Chad Stahelski, David Leitch, they'd, Eva Longoria, Stahelski, BI's Jason Guerrasio Organizations: Service, Meta, Business, it's

☆ The No. 1 move to improve your finances in 5 minutes, according to CFPs
▼ + stars: | 2024-11-01 | by ( Ryan Ermey | ) www.cnbc.com time to read: +4 min

But that doesn't mean there aren't small, concrete steps you can take toward a better financial future that only require a few minutes. We asked financial planners the top piece of advice they'd give to clients who had only five minutes to meaningfully improve their finances . A doctor wouldn't attempt to help you improve your diet or exercise habits without knowing what you're currently doing. Getting to know your spending habits is like checking your financial vitals. To that end, you'll have to spend some time — more than just the initial five minutes — regularly reviewing your monthly spending.

Persons: Kevin Coombs, — you'll, there's, Tracy Sherwood, James Guarino, Coombs Organizations: CNBC Locations: Atlanta , Georgia, Clarence , New York, Woburn , Massachusetts

☆ Trump targets Washington Post, CBS with long-shot legal actions over Harris coverage, ads
▼ + stars: | 2024-11-01 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

The Washington Post office in Washington, DC, US, on Thursday, June 27, 2024. The Republican's campaign on Thursday filed a Federal Election Commission complaint accusing The Washington Post of making "Illegal Corporate In-Kind Contributions" to Harris. "There is no evidence in the allegations of any coordination between the Post and the Harris campaign," said Briffault, who specializes in campaign finance regulation and political law. A spokesperson for the newspaper told CNBC, in a statement Friday, "As part of The Washington Post's regular social media marketing strategy, promoted posts across social media platforms reflect high-performing content across all verticals and subjects." Trump has repeatedly claimed on social media and at campaign rallies that the editorial move constitutes the "biggest media scandal in broadcast history."

Persons: Donald Trump, Kamala Harris, Harris, Donald J, Richard Briffault, Briffault, Trump Organizations: Washington Post, Washington, Trump, Democratic, Columbia Law, CNBC, United, FEC, The Washington, CBS Broadcasting, CBS Locations: Washington , DC, The

☆ Federal Reserve rate cuts could prove to be a boon for Southeast Asian economies
▼ + stars: | 2024-11-01 | by ( Shafi Musaddique | Kevin Lim | ) www.cnbc.com time to read: +1 min

The U.S. Federal Reserve's decision to cut interest rates in September, with further reductions expected, could prove to be a boon for the emerging economies of Southeast Asia. David Sumual, chief economist of Bank Central Asia, said Indonesia is one such country that could take advantage of both short-term and long-term Fed policy. Higher rates in the U.S. have traditionally been a negative for emerging markets as U.S. investors typically send their dollars home in search of decent yields. But on the flipside, when U.S. rates ease, it can boost emerging markets who see renewed flows into their economies. Global commodities (a cornerstone of many emerging markets) also tend to rise in price as the U.S. dollar drops on a more dovish outlook by the Federal Reserve.

Persons: Saurabh Agarwal, Warburg Pincus, CNBC's, David Sumual Organizations: U.S, Federal, Warburg, Bank Central, CNBC, Federal Reserve Locations: Southeast Asia, Asia, Bank Central Asia, Indonesia, U.S

☆ What a potential Harris administration could actually do to protect abortion access
▼ + stars: | 2024-11-01 | by ( Annie Nova | ) www.cnbc.com time to read: +8 min

Democratic presidential nominee Vice President Kamala Harris speaks during a campaign rally at Shell Energy Stadium in Houston, Texas, Oct. 25, 2024. But what could Harris actually do to support abortion access in a post-Roe landscape? Even so, she said, a Harris administration could increase the availability of medication abortions and, crucially, it could fight Republican and activist attempts to further limit reproductive rights. A Harris administration would not enforce the Comstock Act, a controversial federal law passed in 1873 that bans the mailing of obscene matter. "A Harris administration wouldn't be able to change what the Supreme Court is saying, but it could de-prioritize those prosecutions," Ziegler said.

Persons: Kamala Harris, Justin Sullivan, Roe, Wade, Harris, Republican Donald Trump, Alina Salganicoff, Salganicoff, Donald Trump, Olivier Douliery, Mary Ziegler, Ziegler, it's, Jonathan Ernst, Reuters Harris, Kevin Wang, Comstock, wouldn't, Biden, Jeff Kowalsky Organizations: Democratic, Shell Energy, Getty, White, NBC, Republican, Trump, New York Times, Republicans, Washington , D.C, Afp, Wisconsin Public Radio, Supreme, Reuters, Guttmacher Institute, Wisconsin's Madison South Health Center, U.S . Department of Justice, DOJ, Labor, Northwest Activities Center, AFP Locations: Houston , Texas, U.S, Washington, Women's, Washington ,, KFF, Detroit

☆ JetBlue founder says struggling airlines need to ditch barebones planes and give flyers more choices
▼ + stars: | 2024-11-01 | by ( Taylor Rains | ) www.businessinsider.com time to read: +7 min

Budget airlines like Spirit, Frontier, and Southwest are struggling to turn a profit. The still-in-service airlines Neeleman founded, like JetBlue Airways, Azul Brazilian Airlines, Canada's WestJet, and Breeze Airways, largely follow this idea. Historically, these strategies have been absent from the likes of Spirit, Frontier, and Southwest, which have stuck to all-economy aircraft with little choice. Southwest Airlines boats an open-seating policy where seats are first-co,me first-serve. Low-cost airlines should continue to ditch barebones planesSouthwest shouldn't be the only one to move away from historical norms.

Persons: David Neeleman, —, David Neeleman —, Thomas Pallini, haven't, Neeleman, that's, Barry Biffle, They're, we've, WestJet, Scott Kirby, doesn't, Kevin Carter, Breeze Organizations: Service, JetBlue —, Breeze Airways, Alaska Airlines, Hawaiian Airlines, Street, Frontier, Neeleman, JetBlue Airways, Azul Brazilian Airlines, JetBlue, Southwest Airlines, Morris Air, Spirit, Airbus Locations: Southwest, Frontier, Breeze

☆ Victor Wembanyama achieves rare ‘5x5’ line for the second time in his career and more from around the NBA
▼ + stars: | 2024-11-01 | by ( Matias Grez | ) edition.cnn.com time to read: +5 min

CNN —Victor Wembanyama recorded the second 5x5 game of his career on Thursday to power the San Antonio Spurs to a 106-88 victory over the Utah Jazz. Wembanyama finished with 25 points, nine rebounds, seven assists, five steals and five blocks, becoming just the third player in NBA history with multiple 5x5 games after Hakeem Olajuwon and Andrei Kirilenko. A 5x5 line, a very rare occurrence in the NBA, requires a player to record at least five of a stat in five separate categories, such as points, rebounds, assists, etc. Ja Morant records triple-double in Grizzlies winMorant led the Grizzlies past a struggling Bucks team. Morant recorded 26 points, 10 rebounds and 14 assists, including an incredible seated alley-oop pass for a Santi Aldama dunk in the second quarter.

Persons: CNN — Victor Wembanyama, Wembanyama, Hakeem Olajuwon, Andrei Kirilenko, Olajuwon, ” Wembanyama, Tom Osborn, ”, Chris Paul, Collin Sexton, Ja Morant, Morant, Wes Hale, Santi, ” Morant, he’d, ” Aldama, Giannis Antetokounmpo, Damian Lillard’s, Lillard, Doc Rivers, Adrian Griffin, ” Rivers, Clippers Booker, Mark J, Terrill, Devin Booker, Royce O’Neale, Kevin Durant, It’s, James Harden, Norman Powell, Ivica Zubac, Paolo Banchero, Banchero, LeBron James Organizations: CNN, San Antonio Spurs, Utah Jazz, NBA, Los Angeles Lakers, San Antonio Express, Spurs, Jazz, Grizzlies, Bucks, Memphis Grizzlies, Milwaukee Bucks, Philadelphia 76ers, Suns, Clippers, Phoenix Suns, Los Angeles Clippers, LA, Orlando Magic, Chicago Bulls, Indiana Pacers, Utah Jazz Milwaukee Bucks, Memphis Grizzlies Phoenix Suns, Los Angeles Clippers Houston Rockets, Dallas Mavericks Locations: Memphis

☆ Super Micro's $50 billion stock collapse underscores risk of AI hype
▼ + stars: | 2024-10-31 | by ( Ari Levy | ) www.cnbc.com time to read: +7 min

Super Micro is one of the primary vendors for building out Nvidia-based clusters of servers for training and deploying AI models. Super Micro is now at risk of being delisted from the Nasdaq, and has until Nov. 16 to regain compliance with the stock exchange. Ernst & Young was new to the job, having just replaced Deloitte & Touche as Super Micro's accounting firm in March 2023. Since the S&P's announced index changes in March, Super Micro's stock has dropped at least 10% on six separate occasions. — CNBC's Rohan Goswami and Kif Leswing contributed to this report WATCH: Super Micro stock is a 'very risky buy'

Persons: Ernst & Young, Deloitte didn't, hasn't, P's, Dow Jones, Kevin Barry, Barry, —, Rohan Goswami, Kif Leswing Organizations: Computer Inc, Bloomberg, Getty, Micro, Nvidia, Ernst, Nasdaq, Mizuho, Deloitte, Touche, CNBC, Ernst & Young, Dell, SEC, Super, Hindenburg Research, Super Micro, U.S, U.S . Super, Whirlpool, P Global Locations: San Jose , California, U.S, That's, U.S .

☆ A radical idea to solve inflation from a radical former Fed pick
▼ + stars: | 2024-10-31 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

A zero percent inflation target might be popular, but it would represent a sharp departure – one that mainstream economists warn would backfire. “Stable inflation is an oxymoron because it means it’s not stable,” Shelton told CNN in a recent interview. In fact, one reason the Fed set its inflation target at 2% is because it’s safely away from that deflation-danger zone. A zero inflation target would mean a path right on the edge. But even some of Shelton’s biggest fans are opposed to her embrace of a zero-inflation target.

Persons: Judy Shelton, Donald Trump, It’s, ” Shelton, Shelton, Trump, ”, Mark Zandi, Zandi, Justin Wolfers, Kamala Harris, it’s, Wolfers, Bill English, “, ” Trump, Stephen Moore, Jerome Powell, Moore, Powell, Kevin Hassett, Reagan, Arthur Laffer, ” Moore, CNN’s KFile, CNN he’s, he’d, Elon, ‘, haven’t, James Grant Organizations: New, New York CNN, Federal Reserve, Fed, CNN, Federal Reserve Board, Moody’s, University of Michigan, Yale University, Heritage Foundation, Trump White House, Trump Locations: New York

☆ Palo Alto shares helped by contract news, Abbott Labs braces for lawsuit ruling
▼ + stars: | 2024-10-31 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

An executive at Palo Alto Networks also posted about it on LinkedIn , without mentioning the dollar amount and duration. These headlines could be helping support shares of Palo Alto in Thursday's down market. Palo Alto did not respond to CNBC's request for comment on the licensing agreement. 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, nonfarm, Morgan Stanley, Palo, Nikesh Arora, —, Missouri —, we're, Jeff Marks, Abbott, we'll, payrolls, Jim Cramer's, Jim Organizations: CNBC, ., Nasdaq, Dow Jones Industrial, Microsoft, Meta, Boeing, Reserve, Palo Alto Networks, Department of Defense, Palo, Abbott Labs, NEC, Judicial, Apple, Coterra Energy, Intel, . Steel, Juniper Networks, Chevron, Exxon Mobil, LyondellBasell, Jim Cramer's Charitable Locations: U.S, Palo Alto, Thursday's, Missouri

☆ Trump Media shares halted again as DJT falls in volatile trading
▼ + stars: | 2024-10-31 | by ( Kevin Breuninger | ) www.cnbc.com time to read: 1 min

Trump Media was halted twice Thursday morning as shares rapidly dropped at the start of another volatile trading session. DJT stock was down nearly 14% when it was halted due to volatility for the second time at 10:04 a.m. The company, which is majority-owned by former President Donald Trump, had fallen more than 22% on Wednesday. The latest stock slide came after the Truth Social operator recovered from a major sell off in the weeks leading up to the 2024 presidential election.

Persons: Donald Trump Organizations: Trump Media

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