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☆ 36-year-old founder of $2 billion company: ‘Being a young woman with little experience was like trying to run with boulders on my back'
▼ + stars: | 2024-03-29 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +1 min

Amber Venz Box always knew she wanted to run her own company. But when her marketing business got intensely popular, she was still in her early 20s — and she didn't exactly know what to do. When Box co-founded Dallas-based LTK in 2011, her goal was simple: Develop affiliate marketing tech to monetize her fashion blog. Today, LTK is a $2 billion company that connects influencers and bloggers with retail brands and their advertising dollars, but it didn't exactly go smoothly at first. "Being a young woman with little experience was like trying to run with boulders on my back, honestly," Box, 36, tells CNBC Make It.

Persons: Amber Venz, —, — Baxter, She'd Organizations: Dallas, CNBC

☆ 39-year-old money coach who makes $23,000 a month: My No. 1 tip for starting a side hustle
▼ + stars: | 2024-03-28 | by ( Megan Sauer | ) www.cnbc.com time to read: +1 min

Joy ran Charlotte, North Carolina-based Dressed, which started as a side hustle connecting people who owned bridesmaid dresses with people who wanted to rent them. It helped her pay off her student loans, quit her full-time job, hire employees and open a storefront. "I spent [three months] wrapped up in my blanket on my couch thinking, 'What am I going to do?' 1 tip for starting a side hustle: Try to monetize what comes naturally to you, instead of selling something just because you can. The show grew into a money-coaching business called Crush Your Money Goals, which helped Joy make $279,000 last year, or roughly $23,250 per month on average, according to documents reviewed by CNBC Make It.

Persons: Bernadette Joy, Joy, She'd Organizations: CNBC Locations: Charlotte, North Carolina

☆ Apple's bad quarter and what history says will happen next
▼ + stars: | 2024-03-28 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

Apple is wrapping up a rough quarter, but history and Wall Street analysis show there is reason to expect a bounce ahead. Apple shares have typically risen following a quarter that ends down at least 10%, according to CNBC Pro data. 'Best bought on weakness' Despite the tough period, Wall Street sees reason for optimism ahead. Apple "is a stock best bought on weakness in general as they probably have the best, or one of the best management teams in the world," Mahoney said. In the median quarter following the losing one, shares jumped more than 14%.

Persons: jitters, Ken Mahoney, Apple, Mahoney, Ben Reitzes, Reitzes, Nicolas Cote, Colisson, Fred Imbert Organizations: Nasdaq, Apple, CNBC Pro, U.S . Department of Justice, Research, Vision, Mahoney Asset, Justice Department, HSBC Locations: China, C1H24

Here's a rapid-fire update on all 33 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Amazon's recent AI moves have been impressive, specifically its close relationship with fellow Club holding Nvidia and, most recently, its multibillion-dollar venture investment in startup Anthropic. Best Buy : We added the electronics and appliance retailer to the portfolio shortly after the Monthly Meeting concluded. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. 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, Jim Cramer, Reckitt Benckiser, Abbott, We've, Here's, Salesforce, that's, Walt Disney, Nelson Peltz, Estee Lauder, he'd, Ford, We're, we'll, Vimal Kapur, Kapur, Linde, Eli Lilly, TikTok, Meta's Ray, Morgan Stanley, Reddit, Morgan, Ted Pick, he's, it's, Stanley Black, Decker, TJ Maxx, Wells, Wynn, Spencer Platt Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Department of Justice, Abbott Laboratories, Nvidia, Broadcom, Investors, Bausch Health, Pharmaceuticals, Costco Wholesale, Costco, GTC, Coterra, DuPont De Nemours, DuPont, stoke, Peltz, Disney, Eaton Corporation, Ford, General Motors, Wall, GE Healthcare Technologies, General Electric, Apple, Google, Bloomberg, . Honeywell, Honeywell, UBS, Meta, Microsoft, Palo Alto Networks, Palo Alto, Procter & Gamble, Starbucks, Constellation Brands, Stanley, TJX, Marshalls, Wynn Resorts, Jim Cramer's Charitable, Traders, New York Stock Exchange, Getty Locations: China, Costco, U.S, East, Mexican, Growth, HomeGoods, Wells Fargo, Macao

☆ Reddit's lost money for nearly 20 years. Turning a profit is going to be tricky.
▼ + stars: | 2024-03-26 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewReddit was founded nearly two decades ago, yet it's never turned a profit. After the initial pop in Reddit stock, it slid nearly 9% during its second day of trading on Friday, only to jump 30% on Monday. Reddit framed that as a huge opportunity to attract international users, and appeal to a much larger audience with foreign-language posts. Now that Reddit's finally public, it may be able to reinvent its business and supercharge its finances.

Persons: —, it's, Reddit, There's, The_Donald, Reddit's Organizations: Service, Business, New York Times Company, Facebook

☆ Employees are building 'F-you funds' before quitting their jobs. Here's what it means and how to build one.
▼ + stars: | 2024-03-23 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

Souffrant set out to save enough so they could cover one year's worth of expenses between Woody's salary and her savings. How to build your own 'F you fund' in 2 stepsAnyone can start an "F you fund" like Soufrrant and Shah did to create more options for themselves. Souffrant kept hers in a high-yield savings account. That way, the money was still accessible but earning more interest than it would if it was sitting in a traditional savings account. If your number is $200 per month, have that amount lifted from your checking account and deposited into your "F you account" each month.

Persons: Jamila Souffrant, Souffrant, Nischa Shah, Nischa Shah Nischa Shah, it's, Shah, Woody Organizations: Business, America, Investment

☆ Trump stares down first derailment of his campaign-to-courthouse strategy
▼ + stars: | 2024-03-23 | by ( Phil Mattingly | ) edition.cnn.com time to read: +11 min

Yet even if the higher-end estimate is accurate, as Trump’s lawyers have made clear in sober, detailed filings, it wouldn’t be enough. And at least some of the money Trump does have is tied up in loan agreements that include terms requiring him to have tens of millions of dollars in cash on hand. One insurer, Chubb, underwrote a $91.63 million bond just two weeks ago in another Trump legal loss – E. Jean Carroll’s defamation case. In the past week, the insurer informed Trump’s team it could not accept property as collateral. In total, 30 insurers contacted by Trump’s team declined to pursue the effort to secure a bond.

Persons: Donald Trump’s, Letitia James, Trump, It’s, ”, –, James ’, “, Trump’s, Joe Biden’s, Biden, haven’t, SSRS, “ He’s, mused, Chubb, underwrote, Jean Carroll’s, ” Trump, Charlie Rose, “ You’re, I’m, ” Biden, ‘ Mr, ‘ Donald, ’ Organizations: CNN, New, White, New York, Trump, Republican, House, GOP, Senate, Capitol, Biden, Trump’s, Trump Media, Technology Group, Truth Locations: New York, York, Westchester County, Manhattan, Pennsylvania, Michigan, Dallas

☆ Opinion: The cracks are beginning to show in Trump’s campaign finances
▼ + stars: | 2024-03-22 | by ( Julian Zelizer | ) edition.cnn.com time to read: +5 min

CNN —Former President Donald Trump is starting to struggle under the weight of multiple legal cases against him. His leadership political action committee, Save America, spent nearly $5.6 million in legal fees in February alone. And while the super PAC Maga Inc. has refunded nearly all of that money, that’s money that could have been used for Trump’s campaign. According to recent Federal Election Commission filings, the president had $71 million in available cash in his principal campaign account at the end of February, compared to Trump’s campaign, which reported $33.5 million. It’s likely that big-ticket supporters would rather back a campaign for the next president than fund a collective bailout.

Persons: Julian Zelizer, Donald Trump, Trump, Joe Biden, Biden’s, Jean Carroll, Letitia James, Biden Organizations: CNN, Princeton University, The New York Times, America, Trump, Save, Maga Inc, Biden, New, Republican National Committee, Trump Media, Trump Media & Technology Group Locations: Save America, America, New York

☆ Trump is about to get $3 billion richer after deal is approved to take his company public. But it won’t solve his cash crunch
▼ + stars: | 2024-03-22 | by ( Matt Egan | ) edition.cnn.com time to read: +8 min

Truth Social owner Trump Media will begin trading Tuesday as the merger closesCNN —Investors have approved a deal on Friday to make Truth Social owner Trump Media a publicly traded company. The new company will be called Trump Media & Technology Group and trade under the ticker DJT, Trump’s initials. Shareholders voted to approve Trump Media’s merger with a blank-check company, following years of legal and regulatory obstacles. Trump will own a dominant stake in a public company, with shares worth more than $3 billion at current market prices. First, experts say the market is drastically overvaluing Trump Media based on the company’s fundamentals.

Persons: Donald Trump, Trump, Trump won’t, ”, Matthew Kennedy, Kennedy, Charles Whitehead, Jonathan Macey, Jay Ritter, Ritter, Whitehead, …, Xavier Kowalski, Schulte Roth, Zabel, ” Banks, ” Whitehead, “, ‘ Organizations: Social, Trump Media, CNN, Digital, Corp, Trump Media & Technology Group, Shareholders, Trump, Renaissance Capital, Cornell Law School, SEC, University of Florida, – Locations: New, Manhattan, ” Yale

☆ How an Apple and Alphabet AI deal could benefit both companies and their out-of-favor stocks
▼ + stars: | 2024-03-18 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

The aforementioned Siri is an obvious area in need of a generative AI upgrade. That said, we do know that Apple has been hard at work on its own generative AI model, Ajax. However, if true, this would prove a major, and much-needed, win for Alphabet in generative AI. AAPL YTD mountain Apple YTD As for Apple, we've been expecting an update on its generative AI efforts at some point this year. A smart phone displaying Google with Google Gemini in the background is being featured in this photo illustration in Brussels, Belgium, on February 8, 2024.

Persons: Tim Cook, Apple, we're, Bard, Sundar Pichai, Jim Cramer, Apple's Siri, Siri, It's, we've, Jim, Jim Cramer's, Jonathan Raa Organizations: Apple, Bloomberg, Google, ChatGPT, Microsoft, CNBC, Ajax, Developers, Nvidia, Charitable Trust, Google Gemini, Nurphoto, Getty Locations: U.S, Wells, Brussels, Belgium

☆ Step aside Nvidia, this global supercomputing stock is up 95% this year — and it's betting big on AI
▼ + stars: | 2024-03-18 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

ParTec , a developer of supercomputing systems, has surged over 95% year-to-date as investors have started to take notice of its potential. Hendrik Leber, fund manager at Acatis Datini Valueflex Fonds, owns ParTec shares and says he sees the company as a "very clear" investment opportunity. While competitors like Hewlett Packard can also bid on supercomputing projects, Lago Mascato said ParTec's middleware gives them a "unique selling point." Due to the thin trading volumes, Leber noted that even a 2 million euro stock placement took about a month to complete. Future opportunities with AI ParTec sees significant opportunities beyond traditional supercomputing by providing systems tailored to train large AI models.

Persons: Hendrik Leber, ParTec, Leber, Miguel Lago, Montega, Lago Mascato, Hewlett Packard, Bernhard Frohwitter, Frohwitter Organizations: supercomputing, Frankfurt Stock Exchange, Karlsruhe Institute of Technology, Valueflex Fonds, CNBC Pro Locations: Germany, Valueflex, Europe, physicals

☆ Analysts ratchet up Nvidia price forecasts ahead of big conference with one seeing 30% upside
▼ + stars: | 2024-03-18 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Several major Wall Street shops have already beefed up their price targets on the chipmaker heading into the event, with HSBC and Truist joining the flood on Monday. NVDA 1Y mountain Nvidia share performance over the last year According to FactSet, the current consensus price target on Nvidia implies about 4% upside, with 90% of analysts holding a buy or overweight rating. Stein boosted the firm's price target to $1,177 from $911 a share, reflecting 34% upside from Friday's close. "We are encouraged by Nvidia's AI product roadmap which focuses on moving beyond GPUs and towards owning the entire value chain." Wall Street turns more bullish HSBC and Truist may be the latest Wall Street shops to up estimates heading into the GTC Conference, but they are far from the first.

Persons: FactSet, William Stein, Stein, HSBC's Frank Lee, Blackwell, America's Vivek Arya, Cantor Fitzgerald's C.J, Muse, — CNBC's Michael Bloom Organizations: Nvidia, Bank of America, Wall Street, HSBC, Truist, GTC, Bank, America's, NVIDIA

☆ Hey YouTube creators, it’s time to start labeling AI-generated content in your videos
▼ + stars: | 2024-03-18 | by ( Clare Duffy | ) edition.cnn.com time to read: +3 min

Online safety experts have raised alarms that the proliferation of AI-generated content could confuse and mislead users across the internet, especially ahead of elections in the United States and elsewhere in 2024. YouTube creators will be required to identify when their videos contain AI-generated or otherwise manipulated content that appears realistic — so that YouTube can attach a label for viewers — and could face consequences if they repeatedly fail to add the disclosure. Starting Monday, creators will see a new checklist in the YouTube Creator Studio asking them to identify if their videos contain realistic, AI-generated content. YouTube will only require creators to label realistic AI-generated content that could confuse viewers into thinking it’s real. Creators won’t be required to disclose when the synthetic or AI-generated content is clearly unrealistic or “inconsequential,” such as AI-generated animations or lighting or color adjustments.

Persons: won’t, “ Organizations: New, New York CNN, YouTube, YouTube’s Locations: New York, United States

☆ Best of CNBC Pro this week: How to trade Nvidia and alternatives to the AI juggernaut
▼ + stars: | 2024-03-16 | by ( Fred Imbert | ) www.cnbc.com time to read: +3 min

CNBC Pro readers flocked this week to several stories on Nvidia and other ways to play the stock's monstrous rally. The top Pro story this week was " Sell Nvidia or stick with it? Other stocks could see a lift in the coming week off the Nvidia conference including AMD, Broadcom and Oracle. How to trade Nvidia In a column Monday, Fairlead Strategies founder Katie Stockton gave a guide to how to trade stocks that have " gone parabolic " like Nvidia and Meta. Nvidia alternatives Another top-performing Pro story this week was David Keller's on the potential breakout in Block , the parent company of Square.

Persons: Vahan Janjigian, he's, We've, Cantor Fitzgerald, C.J, Muse, Katie Stockton, Stockton, David Keller's, Keller, Stephanie Niven, Niven, BofA Organizations: CNBC Pro, Nvidia, Greenwich Wealth Management, Bank of America, NVIDIA, AMD, Broadcom, Oracle, Meta, KLA Corp

☆ Your complete investing guide to 'AI Woodstock' next week: 3 buys ahead of the event
▼ + stars: | 2024-03-15 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

The hottest artificial intelligence event of the year kicks off next week, setting the stage for key AI players to see sharp moves. Nvidia's GTC Conference, dubbed "AI Woodstock" by Bank of America, offers an opportunity for the company to showcase its latest AI chip innovations and future vision as it labors to maintain its dominance in the field. The product is expected to offer a slew of "architectural innovations" and better performance than Nvidia's flagship H100 chip, wrote New Street's Pierre Ferragu. According to Wedbush's Matt Bryson, the new chip could benefit the liquid cooling industry that may fuel power-hungry data centers. "As such, we believe any system NVDA announces that includes liquid cooling technology could effectively dictate the path of liquid cooling moving forwards and thereby determining winners and losers in the server and cooling space," Bryson said.

Persons: Cantor Fitzgerald's C.J, Bank of America's Arya, Muse, Arya, Pierre Ferragu, Blackwell, Matt Bryson, Nvidia hasn't, Bryson, He's, Ferragu, Hans Mosesmann, Bernstein's Stacy Rasgon, Melius Research's Ben Reitzes Organizations: Bank of America, NVIDIA, Nvidia, Bank of America's, Blackwell, Devices, AMD, Intel, Micron, Broadcom, PHLX Semiconductor, Oracle Locations: San Jose , California

Another threat to election officialsAt least four swatting incidents have been aimed at the homes of senior officials who oversee or work to secure elections since December. Separately, a Department of Justice taskforce launched in 2021 has reviewed more than 2,000 allegations of hostility, harassment, abuse, or threats to election officials and staffers, a department spokesperson said. Swatting was featured in a tabletop exercise for election officials in New Jersey last month, a spokesperson for the secretary of state told CNN. Such incidents have prompted The Elections Group, a consulting group led by former election officials, to begin sharing resources on swatting with election workers and incorporating the topic into trainings. A wave of election officials have departed their roles since November 2020, when false claims of a stolen election proliferated.

Persons: Jay Ashcroft, ” Ashcroft, State Jay Ashcroft, Kacen Bayless, ”, Ashcroft, Gabriel Sterling, “, we’ll, Sterling, Justin Bieber, Ashton Kutcher, swatting, ” Jennifer Doebler, Alan Winston Filion, Filion “, Filion, Jennifer Doebler, Lauren R, Shapiro, Republican Sen, Rick Scott of, Scott’s, Sen, Rick Scott swatting, “ Sir, there’s, “ It’s, Swatting, State Shenna Bellows, Bellows, Donald Trump, Trump, Ashcroft’s, Joe Biden, Tina Barton, ” Barton Organizations: CNN, Missouri’s, Republican, State, Kansas City Star, TNS, Getty, FBI, of Justice, Local, Sandy, John Jay College of Criminal, swatting, ”, Naples Police, “, Trump, Elections, Commission Locations: Jefferson City , Missouri, Missouri, Maine , Georgia, Virginia, Sterling, Britain, Sandy Springs, Kansas, Tennessee, California, Rick Scott of Florida, Naples , Florida, Naples, New Jersey, Georgia, Maine

☆ IBM is slashing jobs in marketing and communications
▼ + stars: | 2024-03-12 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

POLAND - 2023/09/11: In this photo illustration, IBM logo seen displayed on a smartphone with Artifical Intelligence (AI) symbols in the background. IBM on Tuesday told employees in its marketing and communications division that it's slashing the size of its staff, according to a person with knowledge of the matter. IBM said on its earnings call in January of last year that it was cutting 3,900 positions. In May, IBM announced WatsonX, billed as a development studio for companies to "train, tune and deploy" machine-learning models. Nearly two years ago, IBM sold its Watson Health unit for an undisclosed amount to private equity firm Francisco Partners.

Persons: Jonathan Adashek, hasn't, didn't, Arvind Krishna, James Kavanaugh, Watson, Krishna Organizations: IBM, Artifical Intelligence, CNBC, Unity, Microsoft, Google, Health, Francisco Partners Locations: POLAND

☆ Biden says he'll ban TikTok if Congress passes bill, but he's campaigning on it until then
▼ + stars: | 2024-03-08 | by ( Jonathan Vanian | In | ) www.cnbc.com time to read: +10 min

Nathan Howard | ReutersSince Biden's playful intro post, his campaign's TikTok account has notched over 222,000 followers and over 2.4 million likes. The Biden campaign didn't immediately respond to a request for comment. On the app, users were greeted with a screenshot warning them that Congress was "planning a total ban of TikTok." TikTok goes to WashingtonU.S. political campaigns more broadly are trying to figure out how best to utilize TikTok. Last April, for instance, the White House said it was enlisting a squad of volunteer TikTok and Instagram influencers to help spread awareness of the Biden campaign.

Persons: Jaap Arriens, Joe Biden, TikTok, Maggie Macdonald, Biden, Kansas City Chiefs —, Macdonald, China's ByteDance, Troy Balderson, Shou Zi Chew, Nathan Howard, Donald Trump, Aaron Earls, Biden's, Karine Jean, Pierre, didn't, influencers, it's, Kennedy, Earls, Marilyn Monroe, Joe DiMaggio, Anupam Chander, —, Vivek Ramaswamy, wouldn't, We've, we'll, Anish Mohanty, Mohanty, that's Organizations: Nurphoto, Kansas City Chiefs, University of Kentucky, Washington , D.C, U.S, Chinese Communist Party, CCP, CNBC, U.S . Capitol, Reuters, Republican, Democratic, Senate, White, Biden, Washington U.S, Facebook, Democratic National Committee, Climate Power, Georgetown University Law Center, Congress, Trump, TikTok, Republican Party Locations: Australia, Singapore, Mexico, Washington ,, U.S, Ohio, Washington , U.S, Washington, China, Gaza

When it comes to newer consumer-social startups, the environment they're entering is turbulent — investor checks have dwindled, users are facing subscription burnout, and successful advertising models require massive scale. AdvertisementSo how are the emerging, buzzy social startups approaching monetization in 2024? "There's really only two monetization business models for consumer products," said Tiffany "TZ" Zhong, founder of new social platform NoSpace and early-stage VC firm Pineapple Capital. 3 ways new social-networking startups are approaching monetizationWhile some newer social startups are already monetizing their product, many are still pre-revenue and experimenting with different models to see which will make sense for their product and audience. And Verse CEO Bobby Pinckney told BI that the social platform, centered around music, plans to add a premium subscription that will unlock advanced AI tools, analytics, and templates.

Persons: —, there's, Eric Wittman, Tiffany, Zhong, VCs, Bianca Ambrosini, Ambrosini, Marlon Nichols, Nichols, Emma Bates, Andrew Kahn, Danial Hashemi, Alexandra Debow, Bobby Pinckney Organizations: Service, Meta, Business, Pineapple, Mac Venture Capital, Twitter, Crush Ventures, Crush, BI Locations: Berlin

☆ Wall Street weighs in on what's wrong with Apple and whether the stock can make a comeback
▼ + stars: | 2024-03-06 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

But the tides have shifted in recent months as investors overlook the $2.6 trillion company for rosier AI opportunities. "Everybody's waiting for Apple to come along," said Max Wasserman, co-founder and senior portfolio manager at Miramar Capital. "Great cash flow, great balance sheet, but they're just not demonstrating that they're going to be the new leader in AI." Apple's AI story Last month, Apple pulled the plug on its decade-long autonomous vehicle project in what many on Wall Street viewed as a move to divert resources toward AI prospects. Another way Apple could satisfy the need for AI progress is through a merger or acquisition of a company with large-scale AI capabilities, Meeks said.

Persons: Max Wasserman, they're, Tim Cook, haven't, CFRA Research's Angelo Zino, Wasserman, That's, Paul Meeks, Miramar's Wasserman, Melius Research's Ben Reitzes, Rosenblatt's Barton Crockett, Meeks, hasn't, Michael Bloom Organizations: Apple, Miramar Capital, Nasdaq, Nvidia, Meta, Microsoft, Union, Huawei, Accounting, Portfolio Management, Apple's, Conference Locations: China

☆ Telcos are barely done rolling out 5G networks — and they're already talking about '5.5G'
▼ + stars: | 2024-03-04 | by ( Ryan Browne | ) www.cnbc.com time to read: +10 min

And yet bosses of major carriers are already talking about building something called "5.5G," or "5G Advanced." Carriers in China, South Korea, the United States, and Europe, properly got underway with launches of 5G networks in 2019. 5G Advanced, or the name for the next stage of 5G, is the next evolution of mobile networks. 5G advanced — 5G standalone, that's absolutely fine. Telcos haven't yet revealed how much more a 5G Advanced data plan will cost compared with 5G.

Persons: Angel Garcia, it's, GSMAi, Milind Kulkarni, Howard Watson, 5.5G, Watson, execs, Mats Granryd, Granryd, Karen Tso, Telcos, Philip Song Organizations: Bloomberg, Getty, Spain — Telecom, Mobile, Congress, MWC, Deutsche Telekom, Telefonica, BT, Vodafone, Facebook, YouTube, Netflix, Apple, Apple Vision, Meta Quest, Telecommunications, 3GPP, CNBC, telco, Huawei, 5G, 5.5G Locations: BARCELONA, Spain, Barcelona, Orange, China, South Korea, United States, Europe, East, Asia Pacific, America

☆ Ukraine needs the West to do more than seize Russian assets, Janet Yellen says
▼ + stars: | 2024-03-04 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Seizing Russian assets won't make up for the failure to send aid to Ukraine, Janet Yellen warned. Republicans have blocked a plan to send aid to Ukraine in a bid to force Joe Biden to take action on immigration. AdvertisementUkraine needs the West to do much more than just seize frozen Russian assets, according to Janet Yellen. AdvertisementG7 finance ministers met in Brazil last week to discuss what to do with frozen Russian assets worth about $300 billion. "I want to be very clear: we currently have no legal basis for the seizure of Russian assets," he said on the sidelines of the Brazil summit.

Persons: Janet Yellen, Joe Biden, —, São, Yellen, Bruno Le Maire, Biden Organizations: Republicans, Service, São Paulo, Kyiv, Bloomberg, European Union, US Locations: Ukraine, Japan, Brazil, Italy, Mexico

☆ A millennial said her side business has become her main source of income. Here's her advice on how to get started on a side hustle.
▼ + stars: | 2024-03-02 | by ( Madison Hoff | ) www.businessinsider.com time to read: +9 min

Chisom Okwulehie said Juntero Design, a subsidiary of a business she started in 2021, is her main income source. AdvertisementChisom Okwulehie, 35, told Business Insider she thought she wouldn't start a business until she was in her 40s. Okwulehie said she was surprised Juntero Design, which she owns and is a subsidiary of her and her husband's business Juntero, has become her main source of income. While some people may consider making a side gig into their full-time job, Okwulehie isn't saying goodbye to her senior architect role. Have you turned a side hustle or business into your main or only source of income?

Persons: Chisom Okwulehie, Okwulehie, —, Chisom, Juntero, Okwulehie isn't, She's, Lean Organizations: Service, Port Authority of New, Port Authority, BI Locations: Port Authority of New York, New Jersey

☆ Alphabet's Gemini AI misstep is the latest reason Cramer is getting fed up with the stock
▼ + stars: | 2024-02-28 | by ( Paulina Likos | ) www.cnbc.com time to read: +8 min

Jim thinks Google has lost focus as it struggles to shake off the narrative that it's lagging in the AI race. With all these things lining up against Google, Jim has been becoming increasingly wary of the stock. Even though Alphabet stock keeps getting dinged for AI misses, Bernstein analysts "don't subscribe to the generative AI risk to Google Search" for now. At the Club, we believe Google's AI chatbot Gemini could be competitive in attracting users, but the advertising opportunity may not be the same. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer, Sundar Pichai, Pichai, Jim, Google, Bard, Gemini —, —, Axel Springer, they're, Bernstein, playbook, Meta, haven't, Jim Cramer's Organizations: Google, Apple, Microsoft, Nvidia, Tesla, The Club, Politico, U.S, Club, NFL, YouTube, National Football League, Management, Sunday, Meta, Walmart, CNBC, Future Publishing, Getty Locations: U.S

☆ Cramer gives the portfolio's core holdings a makeover — 4 are booted, 6 are added including a trio of tech giants
▼ + stars: | 2024-02-28 | by ( Morgan Chittum | ) www.cnbc.com time to read: +12 min

COST 5Y mountain Costco's stock performance over the past five years. DHR 5Y mountain Danaher's stock performance over the past five years. ETN 5Y mountain Eaton Corp.'s stock performance over the past five years. "The megatrends are real serious, and [Eaton] is a real serious company," Jim said. TJX 5Y mountain TJX Companies' stock performance over the past five years.

Persons: Jim Cramer, Jeff Marks, Morgan Stanley, Wall, Beijing's, Jim, Eaton, Linde, Lilly's, Eli Lilly, We've, Zepbound, Mark Zuckerberg's, Mark Zuckerberg, OpenAI, Copilot, management's, Nvidia, TJ Maxx, TikTok, Gen Zers, TJX, Jim Cramer's, Satya Narayana Nadella, Lucas Jackson Organizations: GE Healthcare, Meta, Microsoft, Johnson, Natural Resources, Starbucks, Apple, Apple Music, Services, Amazon, Amazon Web Services, Prime, Costco, Danaher, Eaton Corp, Investors, GE, LIN, Novo Nordisk's Wegovy, Novo Nordisk, Management, Nvidia, TJX Companies, Marshalls, CNBC Locations: Eaton, China, Manhattan, New York City

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