Day: July 15, 2024
CNBC Pro Talks: From weight loss drugs to AI winners, CIO set to reveal his top stocks
Weight loss drugs and artificial intelligence have been dominating headlines, with investors betting that stocks in both categories have big potential upside. On Wednesday’s Pro Talks , CNBC’s Senior Technology Correspondent Arjun Kharpal will ask Tema ETFs’ Yuri Khodjamirian how to best invest in these areas and more. Got a question for Khodjamirian? Submit it […]
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Forget the Magnificent 7: UBS just refreshed its ‘Super 8’ list of global stock picks
The so-called “Magnificent Seven” were last year’s hot stocks, with investors piling into Alphabet , Amazon , Apple , Meta Platforms , Microsoft , Nvidia and Tesla . But for those looking for alternatives, UBS has refreshed its list of “highest conviction and most investable” tech stocks in Asia. The bank says these stocks are […]
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‘Best idea…ever’: Fund manager predicts 10-fold rise in this e-commerce stock
Jumia Technologies , a pan-African e-commerce company listed on the New York Stock Exchange, could see its value increase tenfold or more in the coming years, according to hedge fund manager Josh Koren. Jumia, often described as the “Amazon of Africa,” operates an e-commerce platform across 10 African countries . The company’s stock has surged […]
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GM’s 2025 EV production capacity target in doubt after Barra comments
GM CEO and Chair Mary Barra speaks during an “EV Day” on March 4, 2020, at the company’s tech and design campus in Warren, Michigan, a suburb of Detroit. GM General Motors‘ goal of being capable of producing 1 million all-electric vehicles in North America by the end of 2025 in heavily in doubt, following […]
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Biden says ‘time to put Trump in the bullseye’ remark was a mistake
U.S. President Joe Biden delivers remarks following the incident that occurred at a campaign rally for former U.S. President Donald Trump, in Rehoboth Beach, Delaware, U.S., July 13, 2024. Tom Brenner | Via Reuters President Joe Biden said he should not have used the language, “put Trump in the bullseye,” a remark he made to […]
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Apple releases iOS 18 public beta for iPhone — Here’s what’s new and how to get it
Tim Cook, chief executive officer of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, US, on Monday, June 10, 2024. Bloomberg | Getty Apple on Monday released a preview version of its big new iPhone update. The iOS 18 public preview is a beta version of the software […]
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Live updates: Trump officially becomes the Republican nominee as delegates vote
Editor’s note: This is a developing story and will be updated throughout the day. Former President Donald Trump on Monday officially received the 1,215 delegates required to become the official GOP presidential nominee at the Republican National Convention in Milwaukee. The designation came moments after Trump on Truth Social announced Sen. JD Vance, R-Ohio, to […]
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RFK Jr. to receive Secret Service protection after Trump assassination attempt
Independent presidential candidate Robert F. Kennedy Jr. addresses the Libertarian Party’s national convention in Washington, U.S., May 24, 2024. Brian Snyder | Reuters Independent presidential candidate Robert F. Kennedy Jr. will receive Secret Service protection at the direction of President Joe Biden as a result of the attempted assassination of former President Donald Trump, U.S. […]
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How AI and automation will reshape grocery stores and fast-food chains
AI isn’t just a hyped innovation in the tech sector; the food industry is also investing heavily in the red-hot trend. Americans heading to the grocery store or their favorite fast-food restaurant will already have noticed the introduction of the new technology in such services as self-checkout kiosks and even AI ordering in drive-thru lanes. […]
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A big European asset manager trims Nvidia shares after huge rally
DNB Asset Management, a Nordic fund giant managing nearly $90 billion as of the end of 2023, dumped a sizable portion of its Nvidia stake after the chipmaker’s stunning 2024 run, according to a new regulatory filing. The firm decreased its Nvidia share count by 9% in the second quarter to about 9.3 million shares, […]
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