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Ukraine on Thursday accused Russia of launching an intercontinental ballistic missile as part of an overnight attack, in what would be the first use of such a weapon during the conflict. Ukrainian forces also used British-supplied long-range Storm Shadow missiles inside Russia for the first time on Wednesday, the Kremlin said. Moscow on Thursday launched an intercontinental ballistic missile at Ukraine for the first time, Kyiv said. But this kind of a strike might have a value as a signal,” said nuclear forces expert Pavel Podvig. Russian forces have seized the momentum in recent months and eked out a succession of territorial gains, particularly on the eastern front lines.
Persons: Dmitry, Lysak, Vladimir Putin's, , Pavel Podvig, , Podvig, Kim Jong, Alexander Bollfrass, ” Bollfrass Organizations: Western, Dnipro, Emergency Service of, Getty, . Institute for Disarmament Research, Kremlin, Strategy, Technology, Institute for Strategic Studies, NBC News, Trump Locations: Ukraine, Russia, Dnipro, Moscow, Ukrainian, Astrakhan, Kryvyi, Emergency Service of Ukraine, AFP, Russia's Kursk, London, China
The suits were brought by the Fair Housing Center of Central Indiana, an advocacy group serving residents of 24 counties in the state. Federal prosecutors have also alleged that tenant screening checks can be discriminatory. Fair Housing Center of Central Indiana“I sent them my expungement records, but I kept getting denied,” Williams recalled in a phone interview. TransUnion settled the suit without admitting or denying the allegations and paid $15 million, the largest amount recovered in a tenant screening matter, the FTC said. “We want safe communities where people can contribute, can build their lives, and that’s what fair housing laws are here to do.”
Persons: Don Mullen, Goldman Sachs, , Amy Nelson, we’ve, Brady Ripperger, Ericka Fotsch, Blackstone, Tricon, Marckus Williams, Williams, ” Williams, TransUnion, Nelson, Organizations: Blackstone Group, New, Pretium Partners, Goldman, Fair Housing, of Central, ” Staff, of Central Indiana, Tricon, Blackstone, National Consumer Law Center, Progress, of, NBC News, Housing, of Central Indiana “, Federal Trade Commission, Consumer Financial, FTC, Indiana Locations: Indianapolis, California, New York City, of Central Indiana, Indiana, Eastern, of Missouri, Kinloch
Americans will see the new Trump administration enact changes at a pace that is “like nothing you’ve seen in history,” a Trump campaign official said. Trump’s transition team is also fielding requests from overseas to host his first foreign trip. Coming off a decisive victory on Nov. 5, Trump has moved swiftly to build out the Cabinet and a senior White House team that will execute his plans. “The thing to realize is Trump is no dummy,” said Stephen Moore, a senior economic adviser in Trump’s campaign. Noem campaigned for Trump, though a person close to Trump was surprised he tapped her for the job.
Persons: Donald Trump, Trump, Joe Biden’s, Biden, Karoline Leavitt, , Volodymyr Zelenskyy, Ron Klain, Donald Trump Jr, Mike Pompeo, “ Don, that’s, ” Trump, , Stephen Moore, he’s, ” Moore, Will Trump, We’re, Newt Gingrich, Gingrich, ” Gingrich, Ronald Reagan’s, Chad Wolf, Harris, Kristi Noem, hasn’t, Noem, ’ ” Trump, Grover Cleveland Organizations: WASHINGTON, ., NBC, Trump, Trump’s, White House, Policy Institute, CIA, Security, NBC News, Migration Policy Institute, DHS, Biden, Department of Homeland Security, Cricket, , Cleveland Locations: Jan, West Palm Beach , Florida, Ukraine, Russia, Washington, America, South Dakota, U.S, China
“Far too often, patients relying on federal government health care programs are forced to accept bureaucratic, one-size-fits-all coverage,” Crapo said. But Trump’s lack of specificity about health care could empower Oz to fill in the blanks. Oz said on an AARP questionnaire: “We can expand Medicare Advantage plans. If Oz is confirmed and chooses to push more people into Medicare Advantage, as he has pitched, he may not have too hard a time. “In our focus groups, people say they’re satisfied with both traditional Medicare and Medicare Advantage, and they make their choices based on different preferences,” Neuman said.
Persons: WASHINGTON, Donald Trump, Mehmet Oz, Mike Crapo, ” Crapo, “ Dr, Oz, George Halvorson, , Kamala Harris ’, , Larry Levitt, Harris, ” Levitt, Trump, Sen, James Lankford, hasn’t, ” Lankford, Obama, Obamacare, Patty Murray, “ Trump, Ron Wyden, Tricia Neuman, Neuman, ” Neuman, Arthur Caplan, ” Caplan, ” Wyden, they’re, Lankford, ” Sen, Mike Rounds, there’s, We’ll, pare, “ It’s, Caplan, ” Oz, John Fetterman, he’s, “ We’re, ” Fetterman, I’m Organizations: Medicare, Services, Forbes, Kaiser Permanente, Agency, Senate, Health, Education, Labor, Pensions, NYU Langone Medical, Commonwealth Fund, Locations: Idaho, KFF, New York City, Pennsylvania
A banana duct-taped to a white wall — or an acclaimed piece of art, depending how you look at it — sold at a Sotheby's auction for $6.24 million on Wednesday. The artwork debuted at Art Basel Miami Beach in December 2019 and was initially estimated to sell around $1.5 million, according to Sotheby's. At one point, someone even took the banana off the wall and ate it. According to Sotheby's, Cattelan "single-handedly prompted the world to reconsider how we define art, and the value we seek in it." As Galperin put it, "There is no better forum to adjudicate the value of art and a single object than the platform of auction."
Persons: , Maurizio Cattelan's, Nancy Durrant, Maurizio Cattelan, David Galperin, Sotheby's, rhapsodically, Durrant, Lucius Elliot, Durrant —, Elliot, Maurizio, Emmanuel Perrotin, Perrotin, Galperin Organizations: Art Basel Miami Beach, Art Basel, Americas, New, New York Post, Vogue Locations: New York
Investors shouldn't let a smaller-than-expected guidance beat overshadow tailwinds from Nvidia's looming Blackwell graphics processing unit rollout come January. Citi's Atif Malik lifted the firm's price target to $175 and opened a positive catalyst ahead of the consumer electronics show in January. Wells Fargo's Aaron Rakers moved to a $185 price target, reflecting 27% upside from Wednesday's close. Meanwhile, JPMorgan's Harlan Sur lifted his price target to $170 a share, saying that margins should improve toward the mid-70s range in the second half of 2025 as Nvidia streamlines costs. What's next for the stock Despite strong Blackwell expectations, some analysts warn of potential near-term volatility.
Persons: Wall, Blackwell, NVDA, Jefferies, Blayne Curtis, Citi's Atif Malik, Wells, Aaron Rakers, Bernstein's Stacy Rasgon, JPMorgan's Harlan Sur, What's, America's Vivek Arya, Tom O'Malley, Baruah, Cantor, C.J, Muse, Morgan Stanley, Joseph Moore Organizations: tailwinds, Blackwell, Nvidia, America's, Barclays Locations: Nvidia's
But cargo container trade data reviewed by CNBC tells a more nuanced tale. "We took some action to move product ahead of the port strike which came with more cost," Fiddelke said. Target's peak season imports for 2024 compared to 2023 were flat to down, according to cargo container volumes data pulled and analyzed by ImportGenius. According to customs data aggregated by Panjiva, Walmart imported 25,000 shipments from May 31-August 31, valued at $1.3 billion. "With any frontloading for the port strike, inventory would be up even higher than that."
Persons: Brandon Bell, Brian Cornell, Michael Fiddelke, Fiddelke, William George, Lynn Hughes, we're, Jerry Storch, Storch, Joe Feldman, Feldman, Bill Simon, Simon, Melissa Repko Organizations: Getty, CNBC, Target, ILA, ImportGenius, Storch Advisors, Panjiva, Walmart, Telsey Locations: Austin , Texas, U.S, New England, Texas, West Coast, Savannah , Georgia, Long Beach , California, of Virginia, West, East Coast, Gulf
Together with her friend Mariah Allen, she started a company called Controlled Chaos in 2021 to sell pre-worn festival outfits. Getting thriftyThough she went to music festivals like Warped Tour when she was in high school, Karasack started regularly going to festivals, especially electronic dance music festivals like Electric Forest, in 2018. So in 2021, she decided to make her own festival outfits, using the sewing skills her grandmother had taught her as a child. In 2024, she'll attend eight music festivals, and she typically goes to nine or 10 per year. "The music festival scene is the most open and welcoming scene that there is — it is so much fun," she says.
Persons: She's, Karasack, Brooklyn Karasack, Andrea Desky, Mariah Allen, she's, Allen, she'll, , Hurricane Milton, Pete, automates, whatever's Organizations: CNBC, Insurance, Transportation, Hulu, Spotify, Hurricane Locations: Brooklyn, St . Petersburg , Florida, TikTok, Florida, Canada, Las Vegas, St
The woman who accused Hegseth of assault broke into tears when asked about the matter by CNN reporters last week and declined to comment. The report, which identifies the accuser as “Jane Doe,” summarizes police interviews with Doe, Hegseth, conference attendees and a hotel employee, and includes descriptions of video footage from the hotel viewed by police. There, a conference attendee told police that Hegseth had touched her knee and invited her to come to his hotel room. Doe told police that her next memory after the argument was being in a hotel room with Hegseth. He said that he was “buzzed” that night after drinking beer and remembered going back to his hotel room with Doe.
Persons: Pete Hegseth, , Hegseth, Donald Trump, I’ve, ” Timothy Parlatore, Jane Doe, , Doe, Facebook Doe, Hegseth “, Hegseth ejaculating, didn’t, Doe “, “ ‘, , CNN’s Yahya Abou, Ghazala Organizations: CNN, Trump Cabinet, Fox News, California Federation of Republican Women, Hyatt Regency Monterey, Trump, Republican, Hyatt Regency Monterrey, Hegseth, ” Police Locations: California, Monterey , California, Hyatt Regency Monterey Hotel, Spa, Monterey, Monterey County, Doe
California Governor Gavin Newsom vetoed California's bill at the end of September but signed into law another bill which requires transparency in generative AI systems. "A lot of the privacy risks associated with AI can be tackled through a comprehensive data privacy regime," she said. The U.S. has historically approached data privacy with decentralized, state-by-state legislation, which is where AI regulation is currently headed. Regarding Colorado's successful AI bill, Maroney wrote on Facebook, "It is unfortunate that Connecticut chose not to join Colorado as a leader in this space. Even a model approach, if done wrong, could pose a major risk to the U.S. "Everybody's looking at California, especially when it comes to tech," Elgendy said.
Persons: Scott Weiner, Wiener, Gavin Newsom, California's, Tatiana Rice, Jonas Jacobi, Mohamed Elgendy, Elgendy, Rice, Robert Rodriguez, James Maroney, Maroney Organizations: Conference, AI Alliance, Washington D.C, U.S ., European Union AI, Privacy, Data, American, White, Office of Science, Technology, Democratic, Colorado Senate, Democratic Connecticut State, Facebook, Colorado Locations: California, San Francisco, Washington, Puerto Rico, U.S, U.S . Virgin Islands, Colorado, Silicon, Connecticut
Here’s five things to know for Week 12:Your Super Bowl favorite: the Detroit LionsFor the first time ever, the Detroit Lions are the favorites to win the Super Bowl. The games are obviously very hard always and tough to win and just rewind a week ago at Houston, how hard that win was. Head coach Kyle Shanahan was asked if there is anything to the Super Bowl hangover and said: “I don’t think there is an answer about a journey or Super Bowl hangover. The 49ers suffered their fifth loss of the season in Week 11 at the hands of Geno Smith (right) and the Seattle Seahawks. Steelers QB Russell Wilson has previously won a Super Bowl during his time with the Seahawks and lost in another.
Persons: oddsmakers, Jared Goff, Goff, , , we’ve, It’s, David Reginek, Geno Smith scampered, Kyle Shanahan, Geno Smith, David Gonzales, Patrick Mahomes, Mahomes, ” Mahomes, won’t, Isiah Pacheco, – they’ve, Bryce Young, Chris Boswell, Russell Wilson, ” Wilson, it’s, I’ve, Harbaugh, John, Jim Harbaugh, Jim, Organizations: CNN, Fantasy, NFL, Atlanta Falcons, Buffalo Bills, Cincinnati Bengals, Jacksonville Jaguars, New, New Orleans Saints, New York Jets, Detroit Lions, Lions, Kansas City Chiefs, NFC, Houston Texans, Indianapolis Colts, Sunday, Jaguars, Reuters, San Francisco 49ers, Seattle Seahawks, Niners, 49ers, Green Bay Packers, Bills, USA, Reuters Chiefs, Chiefs, Kansas, Carolina Panthers, Panthers, Steelers, Bengals, Baltimore Ravens, Pittsburgh Steelers, Ravens, Baltimore, Browns, Football, Pittsburgh, Seahawks, Seattle, Jim’s Niners, Chargers, AFC, Cleveland Browns, Minnesota Vikings, Chicago Bears, Tennessee Titans, . Houston Texans –, New England Patriots, . Miami Dolphins –, Tampa Bay Buccaneers, . New York Giants, Dallas Cowboys, . Washington, Denver Broncos, Las Vegas Raiders, Arizona Cardinals, Seattle Seahawks –, Philadelphia Eagles, Los Angeles Rams, Los Angeles Chargers Locations: New Orleans, Detroit, Houston, Wisconsin, Buffalo, Kansas City, Carolina, Cleveland, Pittsburgh
AdvertisementUkraine's military said Russia fired an intercontinental ballistic missile at the country Thursday. Ukraine says Russia fired an intercontinental ballistic missile at the country early on Thursday. The Ukrainian Air Force said that Russia launched the ICBM at the centrally located city of Dnipro from its southeastern Astrakhan region, several hundred miles away. Related Video Russia flaunts intercontinental ballistic missile in new videoSome Western officials are pushing back on the Ukrainian claims, asserting that Russia launched a ballistic missile but not an ICBM. pic.twitter.com/DIwGVLQPlo — Oliver Alexander (@OAlexanderDK) November 21, 2024Western officials are challenging the Ukrainian ICBM claims, telling multiple outlets that Russia launched a ballistic missile but not an ICBM.
Persons: Zelenskyy, Volodymyr Zelenskyy, Heorhii, DIwGVLQPlo — Oliver Alexander, ‼ Russia’s, Maria Zakharova, Iv6kHHaxTK, Maria Drutska 🇺🇦 ( Organizations: Ukrainian Air Force, Kyiv's, Strategic Communication, Information Security, Russia, Russian, Dnipro, Ukrainian, Pentagon, Business Locations: Russia, Ukraine, Dnipro, Astrakhan, Ukrainian
CNN —Hours after his first pick to run the nation’s top law enforcement agency dropped out, President-elect Donald Trump named former Florida Attorney General Pam Bondi as his new choice to run the Justice Department. Trump met in person with Bondi at Mar-a-Lago before officially offering her the job, a source familiar told CNN. Democratic lawmakers accused Bondi of declining to pursue an investigation into Trump University fraud allegations after receiving the donation. … I never said I don’t like gay people.”After leaving the Florida attorney general’s office, Bondi joined Ballard Partners, a lobbying firm with deep ties to Trump and Wiles. The family told The Tampa Bay Times that Bondi stole the dog, while Bondi accused the family of neglect.
Persons: Donald Trump, Pam Bondi, Trump, Matt Gaetz, ” Trump, Pam, ” Bondi, Gaetz, Trump’s, , Susie Wiles, Boris Epshteyn, Jeff Sessions, Bondi, CNN’s Anderson Cooper, , , ” Cooper, , Wiles, Jack Smith, , Aileen Cannon, Bernard, Master Tank, Tank Organizations: CNN, Justice Department, of Justice, DOJ, FIRST, Florida Republican, Senate, Bondi, Trump, Democratic, Trump University, Center, Litigation, Policy Institute, Fox News, Obamacare, Ballard Partners, Foreign, Hurricane, Tampa Bay Locations: Florida, Bondi, Mar, Trump, Tampa, Qatar, Louisiana, Tampa Bay Times
President-elect Donald J. Trump has so far told advisers that he is standing behind Mr. Hegseth as his pick for defense secretary. The woman’s allegation, the outlines of which surfaced last week, have complicated Mr. Trump’s intention to have Mr. Hegseth lead the Defense Department next year. Mr. Trump has told advisers that he is standing behind Mr. Hegseth, a veteran of the wars in Iraq and Afghanistan. The complainant told authorities that she could not recall how she got to Mr. Hegseth’s hotel room or whether intercourse occurred. Mr. Hegseth told the police that he was “buzzed” but not intoxicated that night.
Persons: Pete Hegseth, Donald J, Trump, Hegseth, Jane Doe, ejaculating, , Hegseth’s, Karoline Leavitt, Trump “, Pete, Hegseth “, Mr, Knuckles, , “ Jane Doe, Hegseth ejaculated, Orlando Mayorquín Organizations: National Council of Young Israel, California Federation of Republican Women, Hyatt Regency Monterey, Defense Department, Fox News, Knuckles Sports, Kaiser Permanente, Office Locations: New York, Monterey, Calif, Hegseth’s, Hyatt Regency Monterey Hotel, Spa, Iraq, Afghanistan, Kaiser, Monterey County
AdvertisementDonald Trump has surrounded himself with people who have competing views on AI regulation. Elon Musk, for example, has supported more AI regulation in the past. Some Silicon Valley veterans are betting that president-elect Donald Trump's new administration will make AI development a top priority. AdvertisementMusk, who spent over $130 million on Trump's campaign, has called for greater regulation of AI in the past. It's not clear if that effort will impact their views on AI regulation.
Persons: Donald Trump, Elon Musk, JD Vance, Donald Trump's, Big, Marc Andreessen, Trump, Joe Biden, California's, Gavin Newsom, OpenAI, Sam Altman, Greg Brockman, Vivek Ramaswamy, Ramaswamy, It's, Vance, Calvin Newport, Eric Schmidt Organizations: Trump, Trump Super PAC, Washington Post, California, Department of Government, Big Tech, Georgetown University Locations: Washington, Silicon Valley, China
I moved to Italy in my 20s after a summer study abroad in Rome during my senior year of college. The most shocking cultural differences are the little things in daily lifeA big part of the "la dolce vita" concept is that life moves slower. Italy isn't as "online" as the US, so you're better off going to a place in person rather than trying to call or email. AdvertisementThe traditional Italian home, which is pretty tiny, isn't designed for people to spend a lot of time there. Seeing the way Italians live, though, has left me in awe of the typical American home, decorated to personal taste with private green space.
Persons: I'm, it's, I've Organizations: KFC, Google Locations: Italy, Rome, United States, America, , Missouri
AdvertisementOpenAI shifted away from being a nonprofit to attract more capital, says CEO Sam Altman. OpenAI needed more funding to scale its AI research efforts, he said in a recent interview. OpenAI's $6.6 billion funding round came with some strings attached: it has 2 years to become a for-profit entity. Altman said that scaling its AI models was a major factor in OpenAI's eventual move toward a profit system. Scaling AI models and providing the data centers and chips necessary to train them to be smarter than the previous interaction is highly expensive.
Persons: OpenAI, Sam Altman, Elon Musk, Altman, OpenAI's, Organizations: Harvard Business School, Harvard
AdvertisementDon Saladino, a celebrity trainer, eats five nutritionally balanced meals a day. Related VideoA celebrity personal trainer, Saladino thrives on eating and training to optimize his health, performance, and physique. Saladino has annual body scans and tests to see how his body responds to changes in his diet, training, or lifestyle. AdvertisementThis means that Saladino's diet and training are both structured, and he is continually pushing himself, he said. One major benefit of tracking his food intake is that it ensures he eats enough, Saladino said.
Persons: Don Saladino, Saladino, Ryan Reynolds, Blake Lively, Peter Hurley Saladino, Cindy Ord Organizations: Rice, Getty Locations: New York
New research based on the findings, published in several papers Wednesday in Nature and its sister journals, represents a “leap in understanding of the human body,” according to the Human Cell Atlas consortium. Regev compared scientific knowledge of cell biology before the Human Cell Atlas initiative with a “15th century map.”“Now, years later, the resolution of the map is a lot higher,” she said. The cell atlas aims to fill in a missing link between genes, diseases and treatment therapies. During the Covid-19 pandemic, the Human Cell Atlas community used the available data to reveal that the nose, eyes and mouth were most vulnerable to infection. “It was only clear through the Human Cell Atlas data that those cells were … entry points before the virus continued into the internal organs.
Persons: , , Aviv, Daniel Montoro “, we’ve, Regev, , Sarah Teichmann, Ken, Blain, Robert Hooke, ” Teichmann, Jeremy Farrar, ” Farrar Organizations: CNN, Human Cell Atlas, Genome, Cell, Google, Human, Human Cell, Cambridge Stem Cell, UK’s University of Cambridge, Wellcome Sanger Institute, Institut, la Vision, HCL, Lyon, World Health Organization Locations: Nature, Genentech, South San Francisco , California, Cambridge, England, Paris, Lyon English
Bluesky CEO Jay Graber says X rival is 'billionaire proof'
  + stars: | 2024-11-21 | by ( Jonathan Vanian | In | ) www.cnbc.com   time to read: +3 min
But CEO Jay Graber has some cautionary words for potential acquirers: Bluesky is "billionaire proof." Graber was referring to the way millions of users left Twitter, now X, after Elon Musk purchased the company in 2022. Bluesky now has over of 21 million users, still dwarfed by X and Threads, which Facebook's parent debuted in July 2023. Threads has roughly 275 million monthly users, Meta CEO Mark Zuckerberg said in October. Although Musk said in May that X has 600 million monthly users, market intelligence firm Sensor Tower estimates 318 million monthly users as of October.
Persons: Bluesky, Elon Musk's, Jay Graber, CNBC's, Graber, Elon Musk, Meta didn't, Mark Zuckerberg, Musk, Jack Dorsey's, Dorsey, Jack, we're, we've, that's, Nobody's, algorithmically, We're, That's, Trump Organizations: Twitter, Elon, Meta, Blockchain Capital Locations: Brazil
CNN —The avian flu virus isolated from a hospitalized teenager in Vancouver has mutations in key areas that could help the virus spread more easily in humans, scientists say. But scientists say the genetic changes are a reminder of what the virus is capable of if it continues to spread. The H5N1 bird flu virus that infected the teen, who is in critical but stable condition, is not the same strain that is transmitting in dairy cattle in the United States. The three mutations are at positions in the virus’ genome that Bloom and other scientists have determined would allow it to attach more easily to human cells. Most of the human H5N1 infections reported in the United States have had red, inflamed eyes as an early symptom, suggesting that’s where the virus entered the body.
Persons: ” Dr, Bonnie Henry, we’ve, , Jesse Bloom, “ It’s, Scott Hensley, immunologist, Hensley, Bloom, Dr, Sanjay Gupta, ” Bloom Organizations: CNN, Fred Hutchinson Cancer Center, University of Pennsylvania, CNN Health Locations: Vancouver, British Columbia, United States, Pacific Northwest, ARDS, Canadian, Washington
The "Interstellar" actor rejected a $14.5 million role to star in an action comedy. In Wednesday's episode of "Good Trouble" with Nick Kyrgios, McConaughey, 55, said that saying "no" is more important than saying "yes." That was my lane, and I liked that lane, that lane paid well, and it was working," he said. The offer was originally at $8 million, but McConaughey rejected it. Warren Buffett, the CEO of Berkshire Hathaway, has been quoted as saying, "The difference between successful people and really successful people is that really successful people say no to almost everything."
Persons: Matthew McConaughey didn't, Matthew McConaughey, Nick Kyrgios, McConaughey, Joe, who's, Paul Reiser, Warren Buffett, Berkshire Hathaway, Sam Altman Organizations: Dallas Buyers, Business, Berkshire, Stanford University, OpenAI's, Business Insider Locations: romcoms, Texas, California, Hollywood
AdvertisementIt used to be that leaving Fox News or other big media outlets was the end of your career. Ask two former Fox hosts, Tucker Carlson and Megyn Kelly, or Bari Weiss, an ex-New York Times editor. People like the former Fox News stars Tucker Carlson and Megyn Kelly, and the former New York Times writer and editor Bari Weiss. At the time, it seemed like we would see more people doing what he did — leaving mainstream media, going to digital, and building an audience there. Unless you're Tucker Carlson.
Persons: Tucker Carlson, Megyn Kelly, Bari Weiss, Chris Balfe, we've, Glenn Beck, TheBlaze, Carlson, Kelly, Weiss, Balfe, Beck, Donald Trump, he's, Fox —, Mike Tyson, Jake Paul, we're, Tucker, Joe Rogan, , He's, Vladimir Putin, Tucker Carlson's, They're, They've, it's Organizations: Fox News, Fox, New York Times, Red, Big Media, Glenn Beck Fox, YouTube, Facebook Locations: TheBlaze, Fox
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Nvidia's "biggest problem is allocation," Jim Cramer said, referring to the supply crunch for its next-gen Blackwell chips. 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, Blackwell, Jim, there's, Deere, There's, Stocks, Jim Cramer's, PANW, DOV Organizations: CNBC, Dow Jones, Nasdaq, Nvidia, Club, Deere, Palo Alto Networks, Palo, Blackwell, Electrical, Eaton, BJ's Wholesale Locations: Palo Alto, Dover
Dollar stores companies were some best performing stocks in the S&P 500 during the Great Recession, said Piper Sandler managing director Peter Keith. Shares of Dollar Tree — which owns its namesake brand and Family Dollar — and Dollar General have both fallen roughly 50% this year. Lower income Americans, who comprise about 60% of Dollar General sales, are under more pressure to stretch their dollars in the face of high inflation. In its fiscal 2024 second quarter earnings call, Dollar General said those customers are also more reliant on online storefronts, which dollar stores have had less success in rolling out. Both Dollar Tree and Dollar General have also faced numerous worker safety violations over the past decade.
Persons: Piper Sandler, Peter Keith, Keith, Melissa Repko Organizations: Walmart, CNBC
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