U.S. final offer is key in Iran nuclear talks, says RBC's Helima Croft
CNBC's 'Power Lunch' is joined by Helima Croft, head of commodity strategy at RBC Capital Markets, to discuss oil markets, tensions rising in the Middle East and more.
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CNBC
12 minutes ago
- CNBC
Here's how to turn off public posting on the Meta AI app
AI generative images of women kissing while mud wrestling and President Donald Trump eating poop are some of the conversations users are unknowingly sharing publicly through Meta's newly launched AI app. The company rolled out the Meta AI app in April, putting it in direct competition with OpenAI's ChatGPT. But the tool has recently garnered some negative publicity and sparked privacy concerns over some of the wacky — and personal — prompts being shared publicly from user accounts. Besides the mud wrestlers and Trump eating poop, some of the examples CNBC found include a user prompting Meta's AI tool to generate photos of the character Hello Kitty "tying a rope in a loop hanging from a barn rafter, standing on a stool." Another user whose prompt was posted publicly asked Meta AI to send what appears to be a veterinarian bill to another person. "sir, your home address is listed on there," a user commented on the photo of the veterinarian bill. Prompts put into the Meta AI tool appear to show up publicly on the app by default, but users can adjust settings on the app to protect their privacy. To start, click on your profile photo on the top right corner of the screen and scroll down to data and privacy. Then head to the "suggesting your prompts on other apps" tab. This should include Facebook and Instagram. Once there, click the toggle feature for the apps that you want to keep your prompts from being shared on. After, go back to the main data and privacy page and click "manage your information." Select "make all your public prompts visible only to you" and click the "apply to all" function. You can also delete your prompt history there. Meta has beefed up its recent bets on AI to improve its offerings to compete against megacap peers and leading AI contenders, such as Google and OpenAI. This week the company invested $14 billion in startup Scale AI and tapped its CEO Alexandr Wang to help lead the company's AI strategy. The company did not immediately respond to a request for comment.
CNBC
42 minutes ago
- CNBC
What the charts say about oil's next move, according to Carter Worth
The news-related spike in oil leaves WTI crude at a difficult level where overhead supply comes into play. As seen in the chart below, oil has advanced from $55 a barrel to $77 a barrel (plus $22 a barrel... +40%), and is now back up "to the penny" to the well-defined downtrend line of the past 12 months. If one is long, we would harvest/take profits/sell calls/take measures of some kind. And for those who engage in shorting, we would sell here. (Check out Carter's for actionable recommendations and live nightly videos.) DISCLOSURES: (None) All opinions expressed by the CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, NBC UNIVERSAL, their parent company or affiliates, and may have been previously disseminated by them on television, radio, internet or another medium. THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. THE CONTENT IS GENERAL IN NATURE AND DOES NOT REFLECT ANY INDIVIDUAL'S UNIQUE PERSONAL CIRCUMSTANCES. THE ABOVE CONTENT MIGHT NOT BE SUITABLE FOR YOUR PARTICULAR CIRCUMSTANCES. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR. Click here for the full disclaimer.
Yahoo
2 hours ago
- Yahoo
S&P 500 ETFs Hover Near Record Highs: 5 Stocks Aiding the Rally
The S&P 500 closed above 6,000 points on June 6, marking its first close above that level since February. As of June 12, the index stood at 6,045.26, somewhat below the all-time high reached earlier this year. The rally continues to push major indexes back toward record highs, following several weeks of pressure due to trade tensions. The SPDR S&P 500 ETF Trust SPY has gained about 3.3% year-to-date and is up 2.9% over the past month. The U.S. stock market has rebounded in recent weeks as investor worries over Trump's proposed tariffs have diminished, while corporate earnings and economic indicators have remained solid. Note that the S&P 500 recorded the strongest monthly performance in May since late 2023. Consumer prices in the United States rose modestly in May, indicating that President Donald Trump's tariffs have not yet had a significant impact on inflation. The Consumer Price Index (CPI) increased by just 0.1% in May, falling short of the 0.2% monthly increase forecasted by a Dow Jones survey, as quoted on CNBC. This puts the annual inflation rate at 2.4%, matching economists' expectations for the year. This kind of soft inflation data may help the Fed to cut rates in the near term and boost stocks (read: Sector ETFs Likely to Gain on May Inflation Data). Talks aimed at easing tensions between the United States and China have concluded with what President Donald Trump described as a "deal." According to Trump, China has agreed to supply U.S. companies with magnets and rare earth metals—key materials in the technology and defense sectors. In return, the United States will withdraw its threats to revoke visas for Chinese students, a point of disagreement in recent months. Small business owners grew more optimistic in May, reflecting improved expectations for business conditions and sales. The latest data revealed that the small business optimism index climbed to 98.8 in May, up from 95.8 in April. This marked the first rise since September (read: Small Business Optimism Grows: What's Ahead for ETFs?). Despite geopolitical uncertainty and macro headwinds, corporate America delivered better-than-expected first-quarter 2025 earnings. The tech sector, particularly, has shown robust revenue growth, fueled by AI adoption and cloud expansion. Citi analysts lifted their year-end target for the S&P 500 to 6,300. 'Renewed confidence in the AI-related opportunity" and "improved earnings growth expectations" headed into next year have been held responsible for the bullish revision in the price target. Several banks have recently boosted their own targets. Deutsche Bank also lately lifted its target to 6,550, as quoted on Yahoo Finance. Against this backdrop, below we highlight a few stocks that drove the S&P 500 index. Palantir Technologies PLTR – Up 80.0% YTD Palantir Technologies builds and deploys software platforms for the intelligence community to help in counterterrorism investigations and operations across the United States and internationally. Palantir's software is used in approximately 80 industries globally. The stock hails from top-ranked industry (top 20%) and top-ranked sector (top 44%). NRG Energy NRG – Up 62.8% YTD The company is engaged in the production, sale and delivery of energy and energy products and services to residential, industrial as well as commercial consumers in major competitive power markets in the United States. The stock comes from top-ranked industry (top 26%) and top-ranked sector (top 13%). Howmet Aerospace HWM – Up 54.8% YTD Howmet Aerospace Inc. provides engineered solutions for customers in the transportation and aerospace (both defense and commercial) industries. Notably, it offers forged wheels for commercial use in the transportation industry. It also provides aerospace fastening systems, components used in jet engines and structural parts made of titanium used in defense and aerospace applications. The stock comes from top-ranked industry (top 29%) and top-ranked sector (top 6%). Philip Morris International PM – Up 52.0% YTD The tobacco giant has been expanding in the reduced risk products (RRPs) or smoke-free products category, evident from the success of IQOS (a heating tobacco device) that counts amongst one of the leading RRPs in the industry. The stock belongs to a top-ranked industry (top 11%). GE Aerospace GE – Up 42.4% YTD GE Aerospace (erstwhile General Electric Company) is a leading designer, developer and producer of jet engines, components and integrated systems for military, commercial and business aircraft. The stock comes from top-ranked industry (top 29%) and top-ranked sector (top 6%).Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report GE Aerospace (GE) : Free Stock Analysis Report NRG Energy, Inc. (NRG) : Free Stock Analysis Report Philip Morris International Inc. (PM) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports Howmet Aerospace Inc. (HWM) : Free Stock Analysis Report Palantir Technologies Inc. (PLTR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
