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☆ Fintech unicorns are watching Klarna's debut for signs of when IPO window will reopen
▼ + stars: | 2024-11-19 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Last week, Klarna made a confidential filing to go public in the U.S., ending months of speculation over where the Swedish digital payments firm would list. Still, the development drew buzz from fintech circles with market watchers asking if the move marks the start of a resurgence in big fintech IPOs. For now, that doesn't appear to be the case — however, founders say they'll be watching the IPO market, eyeing pricing and eventually stock performance. Hiroki Takeuchi, CEO of online payments startup GoCardless, said last week that it's not yet time for his company to fire the starting gun on an IPO. However, Zopa's CEO added that he's seeing signs pointing toward a more favorable IPO market in the next couple of years, with the U.S. likely opening up in 2025.

Persons: Hiroki Takeuchi, Zed Jameson, Klarna, they'll, Takeuchi, GoCardless, Lucy Liu, Airwallex, it's, Liu, Jack Zhang, We're, fintech IPOs, Navina Rajan, It's, Rajan, Jaidev Janardana, Janardana, that's Organizations: GoCardless, Bloomberg, Getty, Portugal —, CNBC, Summit, British, U.S Locations: LISBON, Portugal, U.S, Lisbon, Europe

☆ Women prefer to play mobile games. China's Tencent sees an opportunity
▼ + stars: | 2024-11-19 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Tencent's Honor of Kings mobile game drew a record 33,000 fans to watch a final competition in Beijing on Nov. 16, 2024. Surprisingly, many in the crowd were young women, reflecting how interest in mobile games has broadened out from the stereotypical male player in the days of console and PC gaming. Honor of Kings, which claims 100 million players a day, uses a similar format with two teams of five players each. His analysis found that 95% of women prefer mobile games. A newly branded Honor of Kings global championship was held last month in Jakarta, Indonesia's capital, with Malaysian team Black Shrew Esports winning the $300,000 first prize.

Persons: Evelyn Cheng, Kings, Gao, of, Jackie Huang, Huang, Xiaofeng Zeng, Niko Partners, Zeng Organizations: Kings, CNBC, of Valor, of Kings, global, Tencent, Gaming, Riot, Malaysian Locations: Beijing, Evelyn Cheng BEIJING, China, Shanghai, Riyadh, Saudi Arabia, Chinese, North America, Europe, Japan, U.S, India, Malaysia, Indonesia, Southeast Asia, Jakarta

☆ The stock market could be a $50 trillion guardrail on Trump
▼ + stars: | 2024-11-19 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

Yet there is another force that could deter Trump from some of his most extreme instincts: the $50 trillion US stock market. A view of the New York Stock Exchange on Wall Street on November 13 in New York City. A view of the New York Stock Exchange (NYSE) on Wall Street November 13, 2024, in New York City. Angela Weiss/AFP/Getty Images“There is zero chance that he will take personally any negative feedback from the stock market,” said Sonnenfeld. While the stock market initially celebrated the election results, the bond market did not.

Persons: Donald Trump, Gary Cohn, Trump, Jack Smith, CNN’s Kayla Tausche, ”, Isaac Boltansky, Angela Weiss, Jerome Powell, Trump’s, Xi Jinping, Ed Mills, Raymond James, Jeffrey Sonnenfeld, Alexander Hamilton, Chip Somodevilla, ” Lori Calvasina, it’s Organizations: New, New York CNN, Trump Republicans, Dow Jones, Federal, New York Stock Exchange, Getty, Trump, CNN, Yale, Leadership, Treasury, Fed, U.S . Department of Treasury, RBC Capital Markets Locations: New York, China, New York City, Argentina, Washington, “, Washington ,, recalibrate

☆ Walmart is really well positioned ahead of the holidays, says D.A. Davidson's Michael Baker
▼ + stars: | 2024-11-19 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWalmart is really well positioned ahead of the holidays, says D.A. Davidson's Michael BakerMichael Baker, D.A. Davidson senior research analyst, joins CNBC's 'Squawk on the Street' to discuss outlooks on Walmart, whether tariffs pose any risk to business, and more.

Persons: Davidson's Michael Baker Michael Baker, D.A, Davidson Organizations: Walmart

☆ Being aerobically fit in middle age may reduce Alzheimer’s and dementia risk, study says
▼ + stars: | 2024-11-19 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +7 min

CNN —Doing more aerobic exercise in middle age and old age may reduce the risk of dementia, including Alzheimer’s disease, a new study found. Without effort, however, cardiorespiratory fitness declines as people age. “This study found a dose-dependent — meaning more was better — effect of exercise fitness on several critical types of cognitive performance,” Isaacson said. Biking, running, jogging, swimming, hiking and briskly walking can all improve cardiorespiratory fitness, experts say. The study showed that people with high cardiorespiratory fitness were more likely to take care of themselves, and therefore protect the heart-brain connection.

Persons: ”, Weili Xu, ” Xu, Richard Isaacson, “ I’ve, ” Isaacson, Dr, Valentin Fuster, Fuster, ” Fuster, “ Organizations: CNN, Aging Research, Karolinska Institute, American Heart Association, British, of Sports Medicine, Mount, Hospital, Mount Sinai, Heart Federation, Cleveland Clinic Locations: Stockholm, Florida, Mount Sinai, Mount, New York City

☆ Charts suggest market could weather Trump tariff increases, Jim Cramer says
▼ + stars: | 2024-11-19 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Tuesday said the charts suggest that fears about President-elect Donald Trump's intentions to implement major tariffs on imports won't affect the market just yet, and the impact of any actual tariffs will be lessened if the market remains bullish. Cramer examined analysis by Jessica Inskip, director of investor research at StockBrokers.com. "The charts ... suggest that tariffs had little impact on the market until they actually materialized during Trump's first term — all the saber-rattling beforehand didn't do much damage," he said. "Even when the tariffs actually hit and the market sold off, we eventually erased those losses the moment that the Fed stopped raising interest rates. But the broader market reacted when Trump actually imposed them, balking at the idea that he had ignited a global trade war, Cramer added.

Persons: CNBC's Jim Cramer, Donald Trump's, Cramer, Jessica Inskip, she's, Trump, balking Organizations: Fed

☆ Who will build new homes in Trump’s America?
▼ + stars: | 2024-11-19 | by ( Samantha Delouya | Julia Vargas Jones | ) edition.cnn.com time to read: +9 min

Trump has said that undocumented immigrants share the blame for America’s once-in-a-generation home affordability crisis, but the president-elect’s deportation plans may backfire, driving up the cost of homebuying even further. There is a need for more construction workers, as well: There were 282,000 construction jobs open as of September, according to the Bureau of Labor Statistics. “Immigrant labor is really important for our ability to continue to build homes affordably,” said Tobin. More than one-third of construction workers in the labor force are foreign-born, according to the US Census Bureau’s 2023 American Community Survey. In some states, that share is much higher: In California, New Jersey and Texas, more than half of construction workers are immigrants.

Persons: CNN — Duewight Garcia overstayed, Garcia, ” Garcia, Donald Trump’s, Trump, America’s, Riordan Frost, Frost, ” Frost, Jim Tobin, ”, Tobin, “, Duewight Garcia, Edward Pinto, ” Pinto, Stan Marek, MAREK, it’s, ” Marek, Trump’s, Ohio Sen, JD Vance, ” Vance, Marek, they’re, Jennie Murray, ” CNN’s Tami Luhby Organizations: CNN, New, Joint Center for Housing Studies of Harvard University, National Association of Home Builders, Bureau of Labor Statistics, Pew Research, Survey, American, National Immigration Forum, Trump, Housing Center, American Enterprise Institute, Labor, The New York Times, National Immigration Locations: Honduras, New York City, America, California , New Jersey, Texas, New York, California, Wells Fargo, Houston

☆ Some market experts are talking about 'animal spirits.' Here's what that means when it comes to investing
▼ + stars: | 2024-11-19 | by ( Lorie Konish | ) www.cnbc.com time to read: +3 min

Yet, some experts say they are seeing a renewal of so-called animal spirits. "Animal spirits" is a term first coined by economist John Maynard Keynes and refers to the tendency for human emotion to drive investment gains and losses. watch nowSome experts say animal spirits are a sign of consumer confidence. "It's essentially why dead investors outperform living investors, because dead investors are not impacted by their animal spirits," Klontz said. Research has shown dead investors' portfolios tend to outperform, since they are left untouched because they are less likely to be influenced by emotional decisions, such as panic selling or buying.

Persons: Timothy A, Clary, Donald Trump, John Maynard Keynes, Brad Klontz, Klontz, Scott Wren, Wells, Wren, —, We're Organizations: New York Stock Exchange, Getty, Trump, Dow Jones, Research, Investors Locations: Wells Fargo, U.S

☆ Pay first, deliver later: Some women are being asked to prepay for their baby
▼ + stars: | 2024-11-19 | by ( Renuka Rayasam | Kff Health News | ) edition.cnn.com time to read: +9 min

“So, I paid it.”On online baby message boards and other social media forums, pregnant women say they are being asked by their providers to pay out-of-pocket fees earlier than expected. In some cases, they may cause women to forgo prenatal care altogether, especially in places where few other maternity care options exist. When a pregnancy ends, OB-GYNs typically file a single insurance claim for routine prenatal care, labor, delivery, and, often, postpartum care. In addition, many people are opting for high-deductible health insurance plans, leaving them to shoulder a larger share of the costs. Of the 100 million U.S. people with health care debt, 12% attribute at least some of it to maternity care, according to a 2022 KFF poll.

Persons: Kathleen Clark, Clark, that’s, “, ”, Caitlin Donovan, Lisa Satterfield, it’s, Pamela Boatner, isn’t, Boatner, Peterson, Joy Burkhard, Erin Duffy, Jamie Daw’s, GYN, Daw, Sabrina Corlette, Lacy Marshall, Marshall, Dr, Sanjay Gupta, —, Peter, “ I’m Organizations: Health, OB, Patient Advocate Foundation, American College of Obstetricians, Maternal Mental, University of Southern California’s Schaeffer Center for Health, Columbia University, Center, Georgetown University, Medical, Rapha Health, CNN, CNN Health, KFF Locations: Cleveland , Tennessee, U.S, Georgia, Los Angeles, New York, Texas

☆ How China's Rising Emissions Could Change Global Climate Politics
▼ + stars: | 2024-11-19 | by ( Brad Plumer | Mira Rojanasakul | ) www.nytimes.com time to read: +7 min

8 6 United States 4 2 European Union 1850 1900 1950 2000 2024 China Emissions per year 10 gigatons CO2-eq. 8 6 United States 4 2 European Union 1850 1900 1950 2000 2024 China Emissions per year 10 gigatons CO2-eq. That’s why historical emissions are often used as a gauge of responsibility for global warming. A question of moneyChina’s historical responsibility for climate change has become a major point of contention in global climate politics. Total historical greenhouse gas emissions Historical emissions per person Gigatons CO2-eq.

Persons: Jones, ” John Podesta, Ding Xuexiang, ”, Gaston Browne of Organizations: United, United States, Carbon, European Union, Union, Indonesia, India, Britain, Canada, Qatar Locations: United States, Europe, China, United Nations, Baku, Azerbaijan, Japan, Canada, Australia, Nations, India, Saudi Arabia, Africa, “, Gaston Browne of Antigua, Barbuda, Russia, Brazil, European Union, Qatar

☆ Bluesky's 'acceleration is tremendous' as users flock to the new 'old Twitter'
▼ + stars: | 2024-11-19 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

Many new Bluesky users are praising the feeling on the site as being similar to "old Twitter." This week, the app shot to the top of Apple's App Store and Google's Play Store, and a Bluesky spokesperson told Business Insider it hit 18.3 million registered users. Advertisement"Consumers, time and time again, show us that they will put a brand in jeopardy if the leadership is associated with ideology the consumers don't care for," Lind told Business Insider. A spokesperson for Bluesky told Business Insider that the platform aims to give users more choice and offer creators independence from being locked into specific platforms. A few weeks ago, Bluesky had less than 1 million daily users in the US, "so the acceleration is tremendous," said David Carr, an editor at Similarweb.

Persons: Bluesky, Elon Musk's, Jonathan Bellack, Mark Cuban, he'd, That's, Stephen Lind, Lind, We've, Jack Dorsey, Twitter, Dorsey, David Carr Organizations: Social, Business, Applied Social Media, Cuban, Meta, USC Marshall School of Business, Bluesky, Twitter Locations: Similarweb

☆ Elon Musk's X sues Twitch in lawsuit alleging advertisers conspired to boycott the platform
▼ + stars: | 2024-11-19 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +6 min

AdvertisementX has added Twitch as a defendant in a suit accusing advertisers of colluding to withhold ad spend. Ad revenue on X has plummeted since Elon Musk acquired the platform in 2022. Elon Musk's X is suing Twitch, alleging that the Amazon-owned video streaming platform and other companies illegally conspired to boycott advertising on the platform formerly known as Twitter. Twitch, X, and the WFA didn't immediately respond to requests for comment made by Business Insider outside normal US business hours. Musk's own behavior on and off the platform — including famously telling advertisers who boycotted X to "go fuck yourself" — hasn't encouraged advertisers to place their budgets there, either.

Persons: Elon Musk, Elon Musk's, Twitch, Stephan Loerke, it's, Ørsted, Twitch —, X's, hasn't, Jim Jordan, Donald Trump's, Abraham Yousef, Yousef Organizations: Global Alliance of Responsible Media, Elon, Twitter, Federation, WFA, Business, Unilever, CVS Health, Twitch, Google, Committee, WPP, Diageo, Tower Locations: Texas, Ohio

☆ Coca-Cola causes controversy with AI-made ad
▼ + stars: | 2024-11-18 | by ( Bruna Horvath | Bruna Horvath Is An Intern On Nbc News' Tech Team. | ) www.nbcnews.com time to read: +4 min

Forbes reported that the video was created by three AI studios — Secret Level, Silverside AI and Wild Card — using four different generative AI models. In a statement, a Coca-Cola spokesperson said, "The Coca-Cola Company has celebrated a long history of capturing the magic of the holidays in content, film, events and retail activations for decades around the globe. Coca-Cola will always remain dedicated to creating the highest level of work at the intersection of human creativity and technology." This isn’t the first time that Coca-Cola has used AI technology in its marketing strategies and programs. Tim DeStefano, a research professor at Georgetown University McDonough School of Business, told NBC News that using AI technology means a significant drop in the price of creating commercials.

Persons: Chris Barber, Alex Hirsch, ”, it’s, OpenAI, Neeraj Arora, ” Arora, Coke, Tim DeStefano, ” DeStefano Organizations: Forbes, Disney, Cola Company, University of Wisconsin, Georgetown University McDonough School of Business, NBC News Locations: Madison

The Library of Congress said hackers broke into its communications systems and were able to read its email correspondence with congressional offices for most of this year. In a private notification sent Friday to some congressional offices, obtained by NBC News, the Library of Congress said that hackers “accessed email communications between congressional offices and some Library staff, including the Congressional Research Service.” The hackers had access from January until September, the notification said. The Library of Congress, the world’s largest library, offers a dedicated research staff for Congress. Last year, it gave congressional staffers more than 76,000 custom responses to inquiries, according to its most recent annual report. Bill Ryan, director of communications at the Library of Congress, told NBC News in an email that the software vulnerability the hackers used to gain access has been “mitigated.”“The Library has referred the matter to law enforcement and is also conducting its own analysis of the breach,” Ryan said.

Persons: Bill Ryan, ” Ryan, ”, Chuck Schumer Organizations: Congress, NBC News, of Congress, Congressional Research Service, Library of Congress, ., Russian Embassy, Washington , D.C, Embassy Locations: United States, China, Russia, U.S, Russian, Washington ,

☆ Dental supply stock surges on RFK's anti-fluoride stance, activist involvement
▼ + stars: | 2024-11-18 | by ( Alex Harring | ) www.nbcnews.com time to read: +3 min

Monday’s moves come as investors ready for public health changes under a second Trump administration. But the mineral has found itself at the center of a nationwide fight that’s led some local communities to end programs centered on its insertion into public water. Gordon Haskett’s Bilson also pointed out that dental stocks were some of the few “spared” health-focused equities as investors responded to the announcement of Kennedy’s nomination last week. And advertising.”While the market appears to be moving on Kennedy’s nomination, Bilson said that regulatory changes would likely take years to come into effect. He also noted that drinking water should fall more under the Environmental Protection Agency than Health and Human Services.

Persons: Henry Schein, Robert F, Kennedy Jr, Donald Trump’s, Envista, Trump, Kennedy, that’s, Gordon Haskett, ” Don Bilson, Gordon Haskett’s, ”, Gordon Haskett’s Bilson, ” Bilson, “ Drugmakers, Bilson Organizations: Health, Human Services, Trump, RFK, HHS, Pharmaceutical, Environmental Protection Agency Locations: U.S

☆ Kennedy Ryan on rereleasing ‘Reel’ and turning romance books into ‘Trojan horses’
▼ + stars: | 2024-11-18 | by ( Ayanna Miller | ) www.nbcnews.com time to read: +10 min

‘Reel’ is a love letter to the Harlem Renaissance — and Black creativesRyan remembers the exact moment she was inspired to write most of her books. “These Black women with these big afros, just unapologetically gorgeous, because that’s something that defies what culture tells us about ourselves. “I wanted women who are living with chronic illness, specifically lupus, to feel beautiful, to feel loved, to feel like they weren’t too much,” she says. She describes her books as “Trojan horses” to “smuggle in discourse” and start difficult conversations readers may not usually have. Just a few months after the rerelease of “Reel,” Ryan will publish the third and final book in her “Skyland” series, “Can’t Get Enough,” out May 2025.

Persons: Kennedy Ryan, ”, ” Ryan, TODAY.com, “, Ryan, Neevah Saint, Canon Holt, Dessi, Audie, Black creatives Ryan, Dorothy Dandridge, Halle Berry, Dandridge, Carmen Jones, Berry, Black, Kennedy, Black creatives, Billie Holiday, Ma Rainey, Bessie Smith, they’ve, ” Kennedy, Barnes & Noble, ” Kennedy Ryan, that’s, Neevah, there’s, ” What’s, Monk, Verity, I’ve, ’, I’m, she’s Organizations: Hollywood, Hachette, Harlem Renaissance, Harlem, Academy, Barnes &, “ Locations: Harlem, American, “

☆ Trial begins in human smuggling case after family froze to death trying to cross border
▼ + stars: | 2024-11-18 | by ( The Associated Press | ) www.nbcnews.com time to read: +4 min

Prosecutors say Indian national Harshkumar Ramanlal Patel, 29, ran part of the scheme and recruited Steve Shand, 50, of Florida, to shuttle migrants across the border. Prosecutors say when Jagdish Patel’s body was found, he was holding Dharmik, who was wrapped in a blanket. Patel is a common Indian surname and the victims were not related to Harshkumar Patel. The U.S. Border Patrol arrested more than 14,000 Indians on the Canadian border in the year ending this Sept. 30. Prosecutors say Shand told investigators that Patel paid him about $25,000 for the five trips.

Persons: Ramanlal Patel, Steve Shand, John Tunheim, Shand, Jagdish Patel, Vaishaliben, Dharmik, Jagdish Patel’s, Patel, Harshkumar Patel, Harshkumar, Thomas Leinenweber, Shand messaged Patel, ”, messaged Patel, Satveer Chaudhary, ” Chaudhary Organizations: Prosecutors, U.S, District, The U.S . Border Patrol, Pew Research, Associated Press Locations: India, Canada, U.S, Florida, Minnesota, Dingucha, Gujarat, Washington, The U.S, El, America, Deltona , Florida, Orlando, Minneapolis, American

The number was higher among young adults, with 37% of people ages 18 to 29 saying they turn to influencers for news. Pew surveyed 10,000 adults and analyzed 500 news influencers, which it defined as individuals who regularly post about current events and have over 100,000 followers on Facebook, Instagram, TikTok, X or YouTube. “And these influencers have really reached new levels of attention and prominence this year amid the presidential election.”The rise of social media influencers, and in particular news-focused creators, has been slowly embraced by politicians in recent years. The Republican convention in Milwaukee hosted more than 70 influencers as part of a content creator program. Donald Trump and Vice President Kamala Harris both appeared on podcasts hosted by popular online personalities ahead of the election.

Persons: ”, Galen Stocking, Barack Obama, Donald Trump, Kamala Harris, Trump, Theo Von ”, Joe Rogan, Harris, Alex Cooper Organizations: Pew, Facebook, “, Pew Research Center, YouTube, Democratic, Republican, Heritage Foundation Locations: Chicago, Milwaukee

Younger users will be able to send "broadcast-only" messages during games. Roblox will also launch new content labels designed to make it easier to decide what is age-appropriate. Users younger than 9 can only access the "minimal" or "mild" content and need parental consent for "moderate." "Since the day we launched, we’ve had a growing population of younger users and we want to help keep them safe on Roblox. Roblox strongly denied this accusation in a lengthy statement and called the report misleading, citing its heavy investment in trust and safety measures.

Persons: Matt Kaufman, Kaufman, we’ve, Roblox Organizations: Research Locations: Roblox, New York

☆ 2 health stocks are buys. They've been beaten up enough on Trump's RFK Jr. pick for HHS
▼ + stars: | 2024-11-18 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Following Monday's trade, Jim Cramer's Charitable Trust will own 550 shares of DHR, increasing its weighting to roughly 3.6% from 3.4%. Since the election, Danaher shares have fallen from $250 each to $230 while Eli Lilly shares have dropped from $806 to $720. LLY YTD mountain Eli Lilly YTD Eli Lilly shares fell from $903 to $846 after a disappointing third-quarter report where inventory destocking of its fast-selling GLP-1 medications caused the company to miss estimates and lower full-year guidance. But the possible appointment of RFK Jr. has created a whole host of uncertainty for Eli Lilly and the drug stocks at large. If you look out to 2026, Lilly shares are trading at roughly 24 times.

Persons: Jim Cramer's, Donald Trump, Robert F, Kennedy Jr, We're, Danaher, Eli Lilly, Bioprocessing, Eli Lilly's, Lilly, Jim Cramer, Jim Organizations: DHR, Care Sector Fund, Department of Health, Human Services, RFK Jr, National Institutes of Health, HHS, CNBC Locations: Danaher

☆ Evercore ISI's Mark Mahaney on how self-driving deregulation could impact Uber and Lyft
▼ + stars: | 2024-11-18 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEvercore ISI's Mark Mahaney on how self-driving deregulation could impact Uber and LyftMark Mahaney, Evercore ISI Head of Internet Research, joins 'Fast Money' to talk possible deregulation of self-driving under a Trump administration.

Persons: Mark Mahaney, Uber, Trump Organizations: Internet Research

☆ There's a gender gap among news influencers on social media, new Pew data shows
▼ + stars: | 2024-11-18 | by ( Dan Whateley | ) www.businessinsider.com time to read: +5 min

AdvertisementMen far outnumber women as news influencers on social media, per a new Pew Research Center study. That gender skew is showing up again in the latest platform for news: social media. That gender gap stands out for a few reasons:First, there's a much narrower gender divide (51% male and 46% female) among working US journalists, per a 2022 Pew survey. In Pew's analysis, there was a much smaller (and flipped) gender gap in the overall audience for news content on social media among young people. YouTube had the biggest gender gap, while TikTok's was minimalThe gender divide among news influencers was fairly consistent across all platforms in Pew's study.

Persons: Walter Cronkite, Edward R, Murrow, Mark Penn Pew, Izea, influencers, Donald Trump, JD Vance, Joe Rogan, Adin Ross, John Della Volpe, bro, Trump, Kamala Harris, Alex Cooper, Influencers, Nabela Noor, Chip Somodevilla, Harris, Howard Stern, Galen Stocking, TikTok's Organizations: Pew Research Center, Pew Research, Journalism, Pew, Harvard Kennedy School Institute of Politics, Democratic National Convention, Spotify, Apple, YouTube

☆ There's trouble brewing in the chip sector outside of Nvidia, according to the charts
▼ + stars: | 2024-11-18 | by ( Katie Stockton | ) www.cnbc.com time to read: +8 min

—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.

Persons: LRCX, Katie Stockton Organizations: Nvidia, ASML Holdings, Lam Research, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities Locations: U.S

☆ Xiaomi Q3 revenue soars 30.5% as sales of its first electric car surge
▼ + stars: | 2024-11-18 | by ( ) www.cnbc.com time to read: +1 min

GUANGZHOU, CHINA - NOVEMBER 15, 2024 - Visitors view a Xiaomi SU7 Ultra new energy vehicle at 2024 Guangzhou Auto Show in Guangzhou, South China's Guangdong province, Nov 15, 2024. Revenue came in at 92.5 billion yuan ($12.77 billion) for the quarter ended Sept. 30, beating an LSEG consensus estimate from 15 analysts of 91.1 billion yuan. The unit reported an adjusted loss of 1.5 billion yuan for the quarter, with a gross profit margin of 17.1%. During the quarter, Xiaomi maintained its position as the world's third-largest smartphone maker with shipments of 42.8 million units, up 3% and capturing 14% of the market, according to research firm Canalys. Xiaomi reported adjusted net profit climbed 4.4% to 6.25 billion yuan, versus a consensus estimate of 5.92 billion yuan.

Persons: Xiaomi Corp, Xiaomi Organizations: Show, Publishing, Getty Images, Xiaomi, Porsche, China EV, Revenue, Huatai Securities Locations: GUANGZHOU, CHINA, Guangzhou, South China's Guangdong, China

☆ These 2 active ETFs have outperformed the S&P 500 this year, last year and over 5 years
▼ + stars: | 2024-11-18 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

The S & P 500 has risen 24.73% so far this year, up fractionally more than last year's 24.23%, according to FactSet data. The U.S.-listed Gotham Enhanced 500 ETF , which has the ticker GSPY, has also posted similar gains since 2021. JREU-GB .SPX 5Y line GSPY The Gotham Enhanced 500 ETF is a newer fund and so has a shorter track record of outperformance. Yet it has beaten the S & P 500 every year since its inception in 2021. Gotham ETFs say the fund "buys all 500 stocks in the S & P 500 Index but reweights them, buying more of the ones we think are cheaper and less of the ones we believe are more expensive."

Persons: Piera Elisa Grassi Organizations: Deutsche Bank, JPMorgan U.S, Research, Equity, Gotham, JPMorgan Asset Management, CNBC, JREU, New York Stock Exchange Locations: London, U.S, Gotham

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