Former US President and Republican presidential candidate Donald Trump speaks during a presidential debate with US Vice President and Democratic presidential candidate Kamala Harris at the National Constitution Center in Philadelphia, Pennsylvania, on September 10, 2024. Saul Loeb | AFP | Getty ImagesA double-digit increase in popularity, rising Democratic enthusiasm and an early edge for representing “change” have vaulted Vice President Kamala Harris forward and reshuffled the 2024 presidential contest, according to a new national NBC News poll.With just over six weeks until Election Day, the poll finds Harris with a 5-point lead over former President Donald Trump among registered voters, 49% to 44%. While that…
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Human investors who have tried to replicate Warren Buffett have mostly failed miserably, but now artificial intelligence is taking a crack at it. Investment startup Intelligent Alpha is working on launching the Intelligent Omaha ETF , with the ticker AIWB, that relies on AI to emulate the Berkshire Hathaway CEO’s investment philosophy and create a portfolio of 25-30 stocks that it thinks Buffett might buy. So, how does it work exactly? The first step is to feed AI — three large language models GPT, Gemini and Claude — enough information for it to learn the essence of Buffett. That includes…
Stocks ranging from L3Harris to Burlington could benefit from either a Trump or Harris victory this fall, according to Barclays. “In addition to the general unpredictability of U.S. politics, this election in particular is being closely watched given the divergent economic policies, depending on the results,” analyst Terence Malone said in a Wednesday note. “With this all in mind, our base case … is a divided government, with control of congress split and the Presidential race a toss up.” Malone expects a second Donald Trump presidency to lead to a new global trade war, noting that the former president has…
Teams conduct rescue operation after the number of people killed in a methane gas explosion in a coal mine reportedly risen to 28 in Tabas district of South Khorasan, Iran on September 22, 2024.Anadolu | Anadolu | Getty ImagesA gas explosion in a coal mine in Iran’s South Khorasan Province killed at least 51 people and injured 20, Iran’s state media said on Sunday.The accident was caused by a methane gas explosion in two blocks, B and C, of the mine run by the Madanjoo company, state media said.”76% of the country’s coal is provided from this region and around…
As the earnings reporting season draws to a close, many companies were able to deliver solid results despite pressures on consumer spending.Investors seeking stocks that can withstand short-term pressures and deliver over the long term should track the recommendations of top Wall Street analysts.Bearing that in mind, here are three stocks favored by the Street’s top pros, according to TipRanks, a platform that ranks analysts based on their past performance.Take-Two Interactive SoftwareThis week’s first pick is game developer Take-Two Interactive Software (TTWO). In August, the company reported better-than-expected adjusted earnings for the first quarter of fiscal 2025. Recently, Baird analyst Colin…
Sovereign wealth funds out of the Middle East are emerging as key backers of Silicon Valley’s artificial intelligence darlings.Oil-rich nations like Saudi Arabia, United Arab Emirates, Kuwait and Qatar have been looking to diversify their economies, and are turning to tech investments as a hedge. In the past year, funding for AI companies by Middle-Eastern sovereigns has increased fivefold, according to data from Pitchbook.MGX, a new AI fund out of The United Arab Emirates, was among investors looking to get a slice of OpenAI’s latest fundraise this week, two sources told CNBC. The round is set to value OpenAI at…
Smart glasses, many with components made in China, are emerging as an up-and-coming category as the fall consumer technology product season gets underway. The glasses are a simpler version of Apple’s pricey Vision Pro, not to mention the high-end tech required for virtual reality headsets. Snap has revealed augmented reality glasses ; Meta is expected to do so at its own event starting Sept. 25. The Facebook-parent’s Ray-Ban Meta Smart Glasses are already seeing traction, HSBC’s Frank He, head of technology hardware research for mainland Chinese stocks, pointed out in a report earlier this month. Based on HSBC research, He…
A man waves Sri Lanka’s national flag after climbing a tower near presidential secretariat in Colombo on July 11, 2022, after it was overrun by anti-government protestors. (Photo by ARUN SANKAR/AFP via Getty Images)Arun Sankar | Afp | Getty ImagesSri Lanka’s Marxist-leaning leader, Anura Kumara Dissanayake, grabbed a commanding early lead on Sunday in his bid to become the next president of the debt-ridden country seeking to elect a leader to bolster its fragile economic recovery.Dissanayake won about 53% of a million votes counted so far in the election, Sri Lanka’s Election Commission data showed. Opposition leader Sajith Premadasa was…
A picture shows a view of the Al Jazeera television network offices in Ramallah in the occupied West Bank on May 5, 2024. Zain Jaafar | Afp | Getty ImagesIsraeli troops raided the offices of the satellite news network Al Jazeera in the Israeli-occupied West Bank early Sunday, ordering the bureau to shut down amid a widening campaign by Israel targeting the Qatar-funded broadcaster as it covers the Israel-Hamas war in the Gaza Strip.Al Jazeera aired footage of Israeli troops live on its Arabic-language channel ordering the office to be shut for 45 days. It follows an extraordinary order issued in May…
Smoke rises after an Israeli airstrike hit the Tyre, in southern Lebanon on September 19, 2024. Anadolu | Getty ImagesIsrael and Lebanon exchanged heavy fire into Sunday, with Israeli warplanes carrying out the most intense bombardment in almost a year of war across Lebanon’s south, while Hezbollah claimed rocket attacks on military targets in Israel’s north. The Israeli military said it struck around 290 targets on Saturday including thousands of Hezbollah rocket launcher barrels and said it would continue to strike targets of the Iran-backed movement. Israel closed schools and restricted gatherings in many northern areas of the country and the…
