ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailMike Khouw, chief strategist at OpenInterest.PRO joins CNBC’s “Fast Money” team to discuss next week’s earnings action and what to expect from the Mag 7 names01:14Fri, Oct 24 20255:49 PM EDT Source link
Author: usaeverydaylife
Carles Reina, GTM manager at Eleven Labs, shared why he invested in AI company.Eleven LabsThe angel investor who backed a billion-dollar AI startup when it was still in its infancy said he decided to invest in the company after just 30 minutes of meeting one of its founders.Carles Reina first decided to invest in AI voice startup Eleven Labs in 2022, when he was a venture partner at pre-seed fund Concept Ventures.Co-founded in 2022 by Mati Staniszewski and Piotr Dąbkowski, Eleven Labs specializes in advanced text-to-speech and voice cloning technology. In its January Series C funding round earlier this year, the…
U.S. President Donald Trump (left) and Chinese President Xi Jinping.Jim Watson and Peter Klaunzer | Pool, AFP | Getty ImagesU.S. President Donald Trump will meet Chinese President Xi Jinping next week as part of his trip to Asia, as the world’s top two economies seek to dial down tensions in search for a trade deal that has so far been elusive.White House press secretary Karoline Leavitt told reporters Thursday that Trump will meet his Chinese counterpart on Oct. 30 on the sidelines of the Asia-Pacific Economic Cooperation, or APEC, Summit.”I think we are going to come out very well and…
Key PointsJ.P. Morgan CEO Jamie Dimon warned last week of “cockroaches” lurking in private markets.Private markets have come into sharper focus following the recent high-profile collapses of First Brands and Tricolor in the U.S.As central banks turn their attention to the sector, investors say closer analysis and active portfolio management are more important than ever.Private credit investors say active portfolio management, tighter lending standards and greater risk discipline are now paramount as the sector navigates rising default rates. After J.P. Morgan CEO Jamie Dimon warned last week of “cockroaches” lurking in private markets, fears of contagion and a potential repeat…
Intel snapped a losing streak of six straight quarterly losses and returned to profitability in the third quarter.In its first earnings report since the Trump administration acquired a 10% stake in the company, the U.S. chipmaker posted strong revenue, noting robust demand for chips that it expects to continue into 2026.Client computing revenue, which includes chips for PCs and laptops, grew 5% year over year, benefiting from PC market stabilization and artificial intelligence PC prospects.CEO Lip-Bu Tan said in a call with analysts Thursday that artificial intelligence “is a strong foundation for sustainable long-term growth as we execute.”The chip strength…
The Reliance Industries Ltd. oil refinery in Jamnagar, Gujarat, India, on Saturday, July 31, 2021.Bloomberg | Bloomberg | Getty ImagesIndia’s largest private oil refiner Reliance Industries is reportedly halting purchases of Russian crude, following the U.S.’ decision to sanction Russia’s two largest oil companies, Rosneft and Lukoil.Reliance has become a major buyer of Russian crude. In September, it purchased around 629,590 barrels of Russian crude per day from the two firms, out of India’s total imports of 1.6 million barrels per day, according to data by commodities data analytics firm Kpler.Over the same month last year, Reliance purchased around 428,000…
(Check out Carter’s worthcharting.com for actionable recommendations and live nightly videos.) Zoom Communications (ZM) is a Covid bull market darling that subsequently fell back to earth and has been dead money ever since. The stock is now showing signs of life and judged to be an excellent opportunity on the long side at present. A “ten-bagger”, Zoom advanced from $63 in October of 2019 to $589 by October of 2020… only to give it all back and then some, declining 90% from its peak to a low of $55 in the summer of 2024. Yet, since last summer the stock…
CNBC’s “Fast Money” team discusses the nuclear and uranium trade as well as AI data centers. Source link
Hoka shoes are seen in a store in Krakow, Poland on February 1, 2023. Jakub Porzycki | Nurphoto | Getty ImagesShares of footwear maker Deckers Brands plunged 15% Friday after the company trimmed its sales guidance for Hoka and Ugg — the two brands driving its growth — over concerns that tariffs are leading to a slide in demand.Hoka, an up-and-coming running shoe brand, is now expected to grow by a low-teens percentage in fiscal 2026 after growing 24% in the year-ago period, while Boots brand Ugg is expected to grow in the range of a low to mid single-digit percentage, after…
New York Attorney General Letitia James on Friday pleaded not guilty to federal charges in a fraud case tied to mortgage records she signed in 2020.James is a longtime antagonist of President Donald Trump, who publicly urged Attorney General Pam Bondi to target her weeks before she was indicted.James’ case in U.S. District Court in Norfolk, Virginia, is set to head to trial on Jan. 26, 2026.”This is not about me. This is about all of us,” James said after leaving court, “and about a justice system which has been weaponized” and “used as a tool of revenge.””So there’s no…
