Misinformation is expected to be among the biggest cyber risks in elections in 2024.Andrew Brooks | Image source | Getty ImagesBritain is expected to face a barrage of state-backed cyberattacks and disinformation campaigns as it heads to the polls in 2024 — and artificial intelligence poses a major risk, according to cyber experts who spoke to CNBC. The British will vote on May 2 in local elections, and general elections are expected to be held in the second half of this year, although British Prime Minister Rishi Sunak has not yet committed to a specific date.The election comes as the…
Author: ricardofrancois
Check out the companies making headlines in midday trading. GE Vernova – Shares of energy company GE Vernova, which was spun off from General Electric last week, rose 5.4% after an upgrade to overweight from neutral from JPMorgan. Investors should buy the dip in GE Vernova, the company said. Shares have fallen since the split largely due to technical selling and outflow and are now trading at a discount, the company said. Tesla — Shares of the struggling electric automaker rose 4% after CEO Elon Musk said late Friday that Tesla would unveil the design of its long-awaited robot on…
Toledo, Ohio — President Biden could be removed from the ballot in Ohio this fall unless the state's Republican-dominated Legislature creates an exception to the ballot deadline or the Democratic Party advances its convention, according to the office that oversees state elections. The deadline set by the state of Ohio to certify presidential candidates for the general election is August 7, nearly two weeks before the Democratic National Convention, at which Biden is expected to be nominated to run against his Republican rival, Donald Trump.Ohio law requires that presidential nominees be certified 90 days before the general election, scheduled for…
Jim Cramer's daily rapid fire looks at stocks in the news beyond the CNBC Investing Club portfolio. JPMorgan: CEO Jamie Dimon's annual letter to shareholders has been published. He believes that artificial intelligence can be as revolutionary as the printing press, the steam engine, electricity, computing, and the Internet. It also sees a wide range of interest rates from 2% to 8%. “Jamie Dimon is a cautious banker. However, I think they will have a good quarter. The letter made me feel better about that,” Jim Cramer said Monday. But Cramer added that his reading of Dimon's letter suggests that…
A Spirit Airlines plane undergoes operations in preparation for departure at Austin-Bergstrom International Airport on February 12, 2024 in Austin, Texas. Brandon Bell | Getty ImagesSpirit Airlines It said on Monday it would delay deliveries of new Airbus planes and furlough about 260 pilots as it tried to shore up cash.“Of course, these steps are not the steps we want to take but they are necessary to ensure a strong and profitable future for Spirit,” Spirit CEO Ted Christie said in a memo to employees on Monday.Spirit said it will postpone all of the Airbus aircraft it has ordered, which…
It's finally here: the great eclipse of 2024. The last total solar eclipse across the contiguous United States was in August 2017, according to NASA. Another one would not cross again for 20 years.Crowds of people travel to the Midwest and East, where the eclipse will be most dramatic. Although California will not witness a total eclipse, there is still plenty to see.Here is a quick guide:basics Totality: Midday darkness will fall over part of the states, including Texas, Illinois, Ohio and New York – but there won't be any “total eclipse” in Los Angeles. Partial eclipse: In Los Angeles,…
Goldman Sachs sees opportunities in small stocks — even as the Russell 2000 finishes with its worst week since early January. Greg Torto, who runs the actively managed Goldman Sachs Small Cap Core Equity ETF (GSC), believes easing financial conditions would help boost the group. But his point comes with a caveat. “I think you have to be very selective in small businesses because things can go bad very quickly,” he told CNBC's Fast Money on Thursday. The firm's small-cap portfolio manager suggests looking under the cover of the small-cap benchmark index to identify high-quality names. As of Friday, FactSet…
US Treasury Secretary Janet Yellen said on Monday that future discussions between the United States and China will focus on the need for Beijing to change its policy on industry and the economy, at the end of the fourth and final full day of her trip to China on April 8, 2024. .Pedro Pardo | AFP | Getty ImagesBEIJING – US Treasury Secretary Janet Yellen said Monday that future discussions between the United States and China will focus on the need for Beijing to change its policy on industry and the economy.“We intend to emphasize the need for policy change…
New York – Former President Trump said he believes abortion should be left to the states in a video released Monday morning clarifying his position after months of mixed messaging and speculation.“A lot of people have asked me about my position on abortion and abortion rights,” Trump said in the video posted on his Truth Social website. “My view now is that we have abortion where everyone wanted it from a legal standpoint, and the states will determine that by vote or legislation or perhaps both. Whatever they decide should be the law of the land — in this case,…
Jamie Dimon, CEO of JPMorgan Chase, testifies during a Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, at the Hart Building on December 6, 2023.Tom Williams | Cq-roll Call, Inc. | Getty ImagesJamie Dimon, veteran CEO and Chairman of the Board C. B. Morgan ChaseHe said he is convinced that artificial intelligence will have a profound impact on society.In his annual letter to shareholders issued Monday, Dimon chose artificial intelligence as the first topic in his update on the issues facing the largest U.S. bank by assets — ahead of geopolitical risks, recent…