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2025-01-14
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tiktok fishing videos Palantir, Anduril sign partnership for AI training in defense

Thailand-South Korea dual narrativesPair of original MLS clubs to play for Cup title

Signing with Dodgers was really easy decision for 2-time Cy Young winner Blake Snell

Rockwell Automation's SVP Robert Buttermore sells $53,934 in stock

Key Metrics Confirms Ripple (XRP) to Hit $4, But FTM & DTX Could Be The ‘Wild Cards’ In January’s Bull RunTexans look to regroup as they prepare for Ravens after Tank Dell suffers another injuryWall Street bulls mounted a valiant effort and pushed the stock market sharply Friday on a double dose of encouraging news. But the rally was not enough to overcome Wednesday's Fed-driven plunge. The S&P 500 dropped for the second straight week, losing 2%, while the Dow Jones Industrial Average made it three down weeks in a row, with a loss of more than 2.2%. The Nasdaq posted a 1.8% weekly decline, breaking a four-week winning streak. Looking under the hood of the S&P 500, all sectors closed lower for the week, despite Friday's rally. Energy was the worst-performing sector followed by real estate and materials. > 24/7 San Diego news stream: Watch NBC 7 free wherever you are Investors got several important updates this week that influenced markets — the most consequential being the Fed's 25-basis-point interest rate cut at the conclusion of its December two-day meeting on Wednesday afternoon. While the move was largely expected, the market took issue with the monetary policy committee's more hawkish outlook on rate cuts in 2025. The so-called dot plot, which illustrates central bankers' future rate expectations, pointed to a committee consensus that it will be appropriate to reduce rates only twice next year, half the number of moves indicated back in September. There is no denying that rate expectations are important, but we would caution Club members from allowing updates like this to weigh on investment decisions too heavily. While we now know who will sit in the White House come Inauguration Day on Jan. 20, and have since received more updates on inflation and the job market, nobody truly knows what 2025 will bring. There will be countless updates on inflation, rates, geopolitics, and more over the coming months, some of which we can see coming and some that will completely surprise us. The Fed, as it has been and as it should, will adjust its outlook accordingly. While we certainly don't want to fight the Fed, we also don't want to let every word out the mouth of a Fed official have us running to our brokerage account and making sweeping changes to our exposure. Rather, as long-term investors, we have the luxury of knowing that when the market might overreact to updates from the Fed or any other event, it can provide us with opportunities to buy shares in great companies with staying power. This is exactly what we did last week as the market got more and more oversold, according to our trusted S&P 500 Short Range Oscillator . In other words, keep focused on the fundamentals and use the volatility to your advantage. The other big update came Friday, with the cooler-than-expected personal consumption expenditures (PCE) price index, the Federal Reserve's favorite inflation gauge. Headline November PCE showed a 2.4% increase versus the 2.5% gain expected. Core PCE, excluding volatile food and energy prices, rose 2.8% year over year versus the 2.9% increase expected. While still above the Fed's 2% target inflation rate, the PCE data was just what the oversold market needed, and it was off to the races, turning sharp premarket losses into a powerful Friday rally. Helping the market take another leg higher, Chicago Fed President Austan Goolsbee told CNBC in a Friday interview that "rates come down a fair bit more" if the economic conditions over the last 18 months continue over the next 12 to 18 months. Goolsbee's comments soothed a nervous market following Wednesday's hawkish remarks from Fed Chairman Jerome Powell in his post-meeting news conference. Not to mention, if rates do remain higher for longer, that's not exactly a bad thing as it almost certainly means that the economy is still growing, and we would much rather be in a market contending with high rates because the economy is strong than a market benefiting from low rates because the economy is struggling to avoid a recession. In other economic news last week, November retail sales came in mixed, with the headline number outpacing expectations. The results, however, were short when stripping out automotive and gasoline sales. November's industrial production and capacity utilization were short versus expectations. The third and final read on third-quarter gross domestic product was better than estimates. On the release, the Bureau of Economic Analysis said the update GDP, measuring U.S. economic activity, "primarily reflected upward revisions to exports and consumer spending that were partly offset by a downward revision to private inventory investment. Imports, which are a subtraction in the calculation of GDP, were revised up." November housing starts disappointed, but November existing home sales edged out expectations. Within the portfolio, no companies reported earnings, however, we did initiate a new position in Goldman Sachs while trimming and downgrading Morgan Stanley to a 3 rating . As noted in Thursday's trade alert , we started making the switch because Goldman Sachs' exposure to investment banking is much more significant than Morgan Stanley's exposure — and if capital markets activity accelerates over the next few years as many analysts expect, we'll want to be invested with the highest quality investment bank. We also opted to trim and downgrade our position in Advanced Micro Devices to our 3 rating. While initially thinking AMD would prove a winner as it provides alternatives to Club name Nvidia , what we're seeing now is that Nvidia is even more deeply entrenched than we thought and when companies do look for alternatives, they're more so focused on custom chip solutions, like those made by Broadcom and Marvell Technology , than they are on general GPU alternatives. While we like Broadcom for the long haul, we did trim and downgrade the stock after it went parabolic after strong earnings the prior week. Looking ahead, it will be a light week with the stock market closing at 1 p.m. ET on Tuesday and closing all day on Wednesday for Christmas Day. That said, November new home sales are out Tuesday. Housing reports have been and will continue to be a key watch item for investors given that shelter cost inflation has proven extremely sticky and a key source of upward pressure on inflation, which is in turn keeping rates elevated. However, investors should take any positive update from Tuesday's report with a grain of salt. Mortgage rates rebounded following the Fed's rate announcement on Wednesday, and investors are going to be far more focused on figuring out what that means for home sales and affordability going forward than what's in this backward-looking release. Money Report Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer This career coach ‘always' negotiates for more PTO—her top 3 tips for making the ask Week ahead Monday, Dec. 23 10 a.m. ET: Consumer confidence Tuesday, Dec. 24 8:30 a.m. ET: Durable goods orders 10 a.m. ET: New home sales U.S. stock market closes at 1 p.m. ET Wednesday, Dec. 25 U.S. stock market closed for Christman Day Thursday, Dec. 26 8:30 a.m. ET: Initial jobless claims Friday, Dec. 27 8:30 a.m. ET: Wholesale inventories (See here for a full list of the stocks in Jim Cramer's Charitable TrusT.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the 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. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED. Also on CNBC Here are the 3 things behind the Friday stock market rally that almost wasn't Cramer highlights 3 stocks to watch in a deeply oversold market that's bouncing Jim Cramer boots and replaces 2 stocks in our 12 core holdings list for 2025

Meet Malaysian pro-wrestling, where sweaty men in tights beat each other up for love of the sport... and sometimes money

Community Colleges Loosen STEM Math Placement Rules

HOUSTON — Beyoncé can now add another accolade to her list. Billboard has named the Houston native the greatest pop star of the 21st century. Over the last few months , Billboard has gradually unveiled its rankings of the top 25 greatest pop stars — selected specifically by staff members. On Tuesday, Beyoncé was announced as the editorial staff's top pick. Last week, the magazine ranked Taylor Swift as no. 2 on the greatest pop star list. "While Taylor Swift is the century’s biggest pop star by the numbers — from album sales to streams to touring dominance — our editorial staff chose Beyoncé as our Greatest Pop Star of the Century, based on her full 25 years of influence, evolution and impact," Billboard said. Beyoncé was ranked over No. 3 Rihanna, No. 4 Drake, No. 5 Lady Gaga and No. 6 Britney Spears. Kanye West, Justin Bieber, Ariana Grande and Adele closed out the top 10. Her husband, Jay-Z, landed at No. 16 on the list. Queen Bey recently became the most Grammy-nominated artist in history. Her album "Cowboy Carter" leads in nominations for the 2025 Grammy Awards with 11. She has a total of 99 nominations. She has won 32 Grammys, making her the most-awarded artist in Grammy history. The singer, who grew up in Houston's Third Ward, earned her first No. 1 hit this century on March 18, 2000, for the song "Say My Name," according to Billboard. At the time, the singer was a part of the pop/R&B group, Destiny's Child. Nearly 24 years later on March 2, 2024, Beyoncé earned her 12th No. 1 hit this century with "Texas Hold 'Em." Beyoncé's Billboard Hot 100 No. 1 songs in the 21st century: In 2003, Beyoncé released her first solo album "Dangerously In Love," which debuted at No. 1 on the Billboard 200. Two years prior, Beyoncé earned her first No. 1 album in the 21st century with Destiny Child's "Survivor." Following "Dangerously In Love," Beyoncé would go on to earn eight more No. 1 albums, including one more with Destiny's Child and seven solo studio albums. Beyoncé's Billboard 200 No. 1 albums in the 21st century: "When you’re talking about greatness, and when you’re talking about greatness for the 21st century specifically, no one has a longer or fuller track record than Beyoncé," Billboard said. RELATED: Beyoncé returns to Houston for halftime performance during Texans Christmas Day game Beyoncé will be performing a halftime show at Houston's game against the Baltimore Ravens at NRG Stadium on Christmas Day. The game will be the second of a double-header on Netflix’s first-ever NFL Christmas Gameday. Kickoff is scheduled for 3:30 p.m. CT. You'll be able to watch the game on KHOU 11. "This performance in her hometown of Houston, Texas will be the first live performance of songs from her genre-bending and record-breaking Cowboy Carter album. The 11-time Grammy-nominated juggernaut recently became the most nominated album by a female artist," the Texans said in a statement.NoneThe deputy first minister reiterated a promise to introduce legislation disqualifying lying politicians amid concerns about vexatious complaints and politicisation of the courts. Huw Irranca-Davies restated the pledge as he appeared before the Senedd’s standards committee to give evidence to an inquiry about accountability on December 2. Lee Waters questioned if the commitment, to a bill on disqualifying politicians found guilty of deception through an independent judicial process, will be kept by 2026. Mr Irranca-Davies warned of practical complexity in disqualifying candidates and Senedd members. Mr Irranca-Davies said any new legislation would need to be cognisant of freedom of expression, under Article 10 of the European Convention on Human Rights. The standards committee is weighing up recommendations including creating a criminal offence of deception, a civil offence, or strengthening the existing self-regulation system. Mick Antoniw, a former minister who gave the initial commitment to legislation to avert defeat in a Senedd vote, argued the standards committee sits as a quasi-judicial body. Turning to parliamentary privilege, which affords MPs immunity from legal challenge, Mr Irranca-Davies said the precious principle allows politicians to speak freely. In the Senedd, privilege is limited to defamation and contempt rather than absolute but moves are afoot to provide parity across the four nations. Calling for the standards process as a whole to be strengthened, he backed the introduction of a system of recall, which would allow voters to boot out Senedd members between elections He described the triggers used in Westminster: a custodial sentence for 12 months or less, a suspension of at least ten days or an expenses offence conviction: as a useful starting point. From 2026, people will vote for parties rather than individuals as the Senedd ditches the first-past-the-post system in favour of a full form of proportional representation. The next candidate on the political party’s list would be elected, with the public having no further say on who would replace a recalled Senedd member. The deputy first minister advocated a simple yes-no public vote on whether a politician should stay in office following a recommendation of recall from the standards committee.

Social media users are misrepresenting a Vermont Supreme Court ruling , claiming that it gives schools permission to vaccinate children even if their parents do not consent. The ruling addressed a lawsuit filed by Dario and Shujen Politella against Windham Southeast School District and state officials over the mistaken vaccination of their child against COVID-19 in 2021, when he was 6 years old. A lower court had dismissed the original complaint, as well as an amended version. An appeal to the U.S. Supreme Court was filed on Nov. 19. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Imagine drinking so much that stocked-up alcohol cannot suffice the demands of everyone. A similar incident was recently reported mid-air! yes, you read it right. Passengers on board an Air India Express flight bound for Bangkok from Surat emptied all booze on their way to their destination. Even before landing in Bangkok, this hilarious incident was reported. Alcohol Stock Finished On Air India Express Surat-Bangkok Flight Taking to the X platform, journalist Kunj Patel (@patelkunj4444) shared videos of his travelling on the plane. On Friday, Air India Express commenced its first trip to Bangkok from Surat. More than the announcement of the airline’s inaugural flight on this route, video of passengers drinking alcohol and munching on Gujarati snacks became the talk of the town everywhere. Many flyers travelling on the fully booked flight shared videos on social media platforms sharing there was no alcohol left on it after a point of time. According to videos and reports making rounds on the Internet, flyers onboard this Air India Express flight finished about 15 litres of premium alcoholic beverages. The stock of booze worth over ₹1.8 lakh included Bacardi, Chivas Regal, and beer. Before the flight could land in Bangkok, the cabin crew announced that no alcohol was left to serve on the aircraft. According to Kunj Patel’s post on the X platform, 300 passengers consumed 15 litres of alcohol on this 4-hour journey from Surat to Bangkok. Social media users are quite surprised to read the much-talked-about news and watch these viral videos. Also read: Air India Express Launches Direct Flights From Odisha To Kochi, Patna And Other Cities; Check Flight Timings And Other Details Passengers Ate Loads Of Gujarati Snacks Too The trip to Bangkok from Surat was accompanied by many lip-smacking snacks along with booze. Many passengers boarded the flight with Gujarati snacks such as khaman and thepla. Some of them even brought different dishes as well. Pizzas were brought on the Air India Express flight too. Booze provided by the airline was relished with these delicious savoury snacks and other delicacies. Also read: Good News, Kolkatans! Air India Express Starts Direct Flights From Kolkata To Andaman Islands Passengers surely made the most out of this flight journey between Surat and Bangkok and had a fun time. Looks like this turned out to be an unforgettable trip for many. Cover Image Courtesy: X/ Kunj Patel (@patelkunj4444), Wikimedia Commons

Browns sticking with QB Jameis Winston down the stretch as dismal season heads into final weeks

Van Nistelrooy’s first game in charge ended with a 3-1 win over West Ham, thanks to goals from Jamie Vardy, Bilal El Khannouss and Patson Daka. The Dutchman, who was out of work for just two weeks following his four-game spell as Manchester United interim boss, only started on Sunday so was happy to end a hectic three days in style. “It has been very busy getting to know everyone, start working together,” he said. “Everybody was involved with that and helping, it was busy, long days, but worth it. I was focused on the game and what the game needed, the subs, the half-time talk, so focused on the moment, so I am going to get myself a little beer and reflect on the last three days.” He endured a dream start as Vardy scored after just 98 seconds with El Khannouss and Daka adding second-half goals. It was by no means one-way traffic, though, as West Ham – who scored a consolation through Niclas Fullkrug at the death – had 30 shots on goal. But Van Nistelrooy saw enough to think he can deliver on his objective of keeping the Foxes in the Premier League. “I am very happy, if you look at the result – and it is about the result – it was a great night, three points, three good goals and also very effective. Ruud at the wheel 🛞 pic.twitter.com/eVgIwWAcYw — Leicester City (@LCFC) December 3, 2024 “Overall the game of course we have seen and how dominant West Ham were at certain stages and what they created, that is a fact and something we have to look at. “Overall, what I expected of the players going forward was togetherness and hunger, energy and spirit in this team that is fighting for every inch. “Eleven players on the pitch who are fighting as a foundation to play the rest of the Premier League. I saw that completely with every single player that started and came on. “That’s the foundation we have to build on, without that it will be impossible to get where we want to go. I am very happy about that.” West Ham’s hierarchy will have seen what impact a managerial change can have as the jury remains out on Julen Lopetegui, with away fans making their feelings clear by chanting “You’re getting sacked in the morning”. Lopetegui expects to keep his job but forthcoming games against his former club Wolves, Bournemouth, Brighton and Southampton could determine the Spaniard’s future. “The only thing that I am worried about is to go to training session tomorrow and stand up the players and prepare the next challenge,” he said. “We have one month of December with a lot of matches and I am sure with this attitude we are going to achieve many more points. “I believe in the players. I am confident that tomorrow we are going to be ready to prepare the next match. “Understanding the question, but at the end of the season maybe we talk in another way. There are a lot of matches and points, a lot of things can happen. “I believe in these players and team, I am sure the position is going to be much better. They are only words but we have to work a lot to achieve this.”

Pokemon TCG Pocket Wonder Pick Event Adds 2 New Promo Cards & Exclusive Items

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