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☆ A Trump win could add $40–$50 to Tesla's stock price, says Wedbush's Dan Ives
  + stars: | 2024-11-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA Trump win could add $40–$50 to Tesla's stock price, says Wedbush's Dan IvesDan Ives, managing director at Wedbush, discusses how the Trump administration could potentially benefit Tesla.
Persons: Wedbush's Dan Ives Dan Ives, Trump
☆ Trump will restart the China trade wars with tariff policy, says Evercore ISI's Sarah Bianchi
  + stars: | 2024-11-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump will restart the China trade wars with tariff policy, says Evercore ISI's Sarah BianchiSarah Bianchi, Evercore ISI, joins 'Fast Money' to talk the implications of Trump's economic proposals.
Persons: Evercore, Sarah Bianchi Sarah Bianchi Organizations: Trump, Evercore ISI Locations: China
☆ Southern California wildfires: Firefighters battle 2 wildfires amid ‘particularly dangerous’ fire weather event
  + stars: | 2024-11-06 | by ( Chris Boyette | Mary Gilbert | ) edition.cnn.com   time to read: +5 min
CNN —Firefighters are battling two fast-growing wildfires in Southern California Wednesday as the state experiences a “particularly dangerous” fire weather event. “Due to extreme wind conditions, fixed-wing aircraft are unable to assist in firefighting efforts,” VCFD posted. A rare “particularly dangerous situation” red flag warning, the most extreme form of fire weather warning, is also in effect for Southern California into Thursday. More than 11,000 Southern California Edison customers across five counties had power shut off Wednesday morning. A gust of 85 mph was recorded by Wednesday morning on Magic Mountain with gusts over 70 mph in the nearby Transverse Ranges in Southern California, according to the weather service.
Persons: VCFD, “, ” VCFD, LACoFD, Shutoffs Organizations: CNN — Firefighters, National Weather Service, Storm, Fire Department, Los, Los Angeles County Fire Department, Angeles County Sheriff’s, NWS, Pepperdine University, Malibu, NWS Los Angeles, Southern California Edison, Southwest Wednesday, CNN, Santa Ana Locations: Southern California, Santa, Los Angeles, Ventura, Ventura County, “, Malibu, Angeles, Pepperdine, NWS Los, Northern California, Southwest California, Southern, California, Mount St, Helena
☆ If Trump wins, he may be stronger than in 2016, says pollster Frank Luntz
  + stars: | 2024-11-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIf Trump wins, he may be stronger than in 2016, says pollster Frank LuntzFrank Luntz, Pollster and political strategist, discusses how he sees the race with several battleground states still undecided.
Persons: pollster Frank Luntz Frank Luntz Organizations: Trump
☆ Kamala Harris wins Minnesota
  + stars: | 2024-11-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKamala Harris wins MinnesotaNBC News projects Kamala Harris will win Minnesota in the 2024 presidential election.
Persons: Kamala Harris Organizations: Minnesota NBC, Minnesota
☆ Indian financials attractive despite recent underperformance: Investment strategist
  + stars: | 2024-11-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIndian financials attractive despite recent underperformance: Investment strategistVK Vijayakumar, chief investment strategist of Geojit Financial Services, says the recent market weakness in India is justified and names the sectors that he believes remain fairly valued.
Persons: VK Organizations: Investment, Geojit Financial Services Locations: India
☆ Lightning Round: Micron will go much higher, says Jim Cramer
  + stars: | 2024-11-06 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Micron will go much higher, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: United Rentals, XP, Okta, Talen Energy, Micron, and Lemonade.
Persons: Jim Cramer Organizations: Micron, United Rentals, Talen Energy
☆ Donald Trump is projected to defeat Kamala Harris in the presidential election
  + stars: | 2024-11-06 | by ( Charlotte Morabito | Jeniece Pettitt | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDonald Trump is projected to defeat Kamala Harris in the presidential electionDonald Trump is projected to win the U.S. presidential election, according to NBC News.
Persons: Donald Trump, Kamala Harris Organizations: U.S, NBC News
☆ Watch CNBC's full interview with Key Square Group CEO Scott Bessent
  + stars: | 2024-11-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Key Square Group CEO Scott BessentScott Bessent, Key Square Group founder and CEO, joins 'Squawk Box' to discuss Donald Trump's victory in the 2024 presidential election, future of government spending, the Fed's independence, and more.
Persons: Scott Bessent Scott Bessent, Donald Trump's Organizations: Key Square, Key Square Group
☆ Watch CNBC's full interview with UniCredit CEO Andrea Orcel
  + stars: | 2024-11-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with UniCredit CEO Andrea OrcelUniCredit CEO Andrea Orcel discusses the Italian bank's third-quarter earnings and its bid for Commerzbank.
Persons: Andrea Orcel Organizations: Commerzbank
☆ Kamala Harris wins New Jersey
  + stars: | 2024-11-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKamala Harris wins New JerseyNBC News projects Kamala Harris will win New Jersey in the 2024 presidential election.
Persons: Kamala Harris Organizations: New Jersey NBC, New Jersey Locations: New
☆ Donald Trump wins Nebraska with 4 out of 5 electoral votes
  + stars: | 2024-11-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDonald Trump wins Nebraska with 4 out of 5 electoral votesNBC News projects Donald Trump wins Nebraska with four of five electoral votes.
Persons: Donald Trump Organizations: Nebraska, NBC
☆ Kamala Harris wins New Mexico
  + stars: | 2024-11-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKamala Harris wins New MexicoNBC News projects Kamala Harris will win New Mexico in the 2024 presidential election.
Persons: Kamala Harris Organizations: New Mexico NBC, New Locations: New Mexico
☆ Expect a 'nice rally' into the end of the year, says Hightower's Stephanie Link
  + stars: | 2024-11-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpect a 'nice rally' into the end of the year, says Hightower's Stephanie LinkIG North America CEO JJ Kinahan and Stephanie Link, Hightower Advisors chief investment strategist and portfolio manager, discuss the latest market trends, what a Trump win means for the market, and more.
Persons: Stephanie Link, JJ Kinahan, Hightower Organizations: North, Hightower Advisors, Trump
☆ We are in a great position to keep the House, says RNC chair Michael Whatley
  + stars: | 2024-11-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are in a great position to keep the House, says RNC chair Michael WhatleyMichael Whatley, Republican National Committee chair, joins 'Squawk Box' to discuss Donald Trump's victory in the 2024 presidential election, the balance of power in Congress, Trump's mandate in the second term, and more.
Persons: Michael Whatley Michael Whatley, Donald Trump's Organizations: Republican National Committee
☆ Xi isn't going to be happy with Trump administration's China policy: Hayman Capital's Kyle Bass
  + stars: | 2024-11-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailXi isn't going to be happy with Trump administration's China policy: Hayman Capital's Kyle BassKyle Bass, Hayman Capital Management founder and CIO, joins 'Squawk Box' to discuss Trump's election victory, impact on U.S.-China relations, future of foreign policy, and more.
Persons: Hayman Capital's Kyle Bass Kyle Bass Organizations: Xi, Trump, Hayman Capital Management Locations: China
☆ Young people cared about the economy in this election, says Generation Lab CEO Cyrus Beschloss
  + stars: | 2024-11-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYoung people cared about the economy in this election, says Generation Lab CEO Cyrus BeschlossGeneration Lab CEO Cyrus Beschloss discusses how young voters made their choices in the 2024 presidential election.
Persons: Cyrus, Cyrus Beschloss
☆ China trade restrictions likely to persist no matter who wins the White House, says Hinrich Foundation
  + stars: | 2024-11-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina trade restrictions likely to persist no matter who wins the White House, says Hinrich FoundationDeborah Elms, head of trade policy at Hinrich Foundation, discusses her outlook on U.S. trade policy after the presidential election, noting that more restrictions against China are likely regardless of the election outcome.
Persons: Hinrich, Deborah Elms Organizations: China, Foundation Locations: China
☆ Jeff Bezos congratulates Trump for an 'extraordinary political comeback' after the Washington Post's decision not to endorse a candidate
  + stars: | 2024-11-06 | by ( Sarah Jackson | ) www.businessinsider.com   time to read: +5 min
His remarks follow the decision by the Washington Post, which Bezos owns, not to endorse a candidate. AdvertisementJeff Bezos congratulated Donald Trump on his reelection less than two weeks after his newspaper's decision not to endorse a candidate in the race. AdvertisementThe Washington Post endorsed Barack Obama in 2008 and 2012, Hillary Clinton in 2016, and Joe Biden in 2020. While campaigning for the 2016 presidential election, Trump said Amazon would have "problems" if he became president. AdvertisementTrump has criticized the Washington Post as "lobbyist" and called Bezos "Jeff Bozo" in 2019.
Persons: Jeff Bezos, Donald Trump, Bezos, —, Trump, William Lewis, Lewis, Kamala Harris, David Hoffman, Molly Roberts, Mili Mitra, Robert Kagan, Michele Norris, Danielle Allen, Barack Obama, Hillary Clinton, Joe Biden, Dave Limp, Megan Mitchell —, Limp, Jeff Bozo Organizations: Washington Post, Service, Washington, Trump, Associated Press Locations: America
☆ Goldman CEO Solomon reacts to Trump's win, vows to work with the new administration 'in support of sound policies'
  + stars: | 2024-11-06 | by ( Reed Alexander | ) www.businessinsider.com   time to read: +4 min
Goldman Sachs CEO David Solomon on Wednesday commented on Donald Trump's election victoryIn a memo to staff, he said that the bank looks forward to working with Trump on "sound policies." AdvertisementGoldman Sachs CEO David Solomon spoke out Wednesday on the election of Donald Trump as the 47th president of the United States. In a memo to the firm's workforce, Solomon congratulated Trump, who defeated Vice President Kamala Harris in a decisive victory. He said the firm was looking "forward to working with the new administration in support of sound policies that enhance economic growth and financial stability." Related Video How Twitter panic took down Silicon Valley BankMayo also expects a Trump administration to boost dealmaking, including M&A and IPOs — potentially to record levels.
Persons: Goldman Sachs, David Solomon, Donald Trump's, Trump, —, Donald Trump, Solomon, Kamala Harris, Mike Mayo, Mayo, Read, –, David, Emmalyse Brownstein, Reed Alexander Organizations: Trump, Service, Valley Bank Mayo, Global Banking, Markets, Asset, Wealth Management Locations: United States, Wells Fargo, Valley
☆ Dogecoin and other memecoins surge as crypto traders position for a Trump election victory
  + stars: | 2024-11-06 | by ( Tanaya Macheel | ) www.cnbc.com   time to read: +3 min
Memecoins surged early Wednesday on the back of election results that showed former President Donald Trump in a strong position to gain a second term. "Certain sectors that have buoyed prices, such as the renewed interest in memecoins, may experience major price movements as individual states report election results." In the lead-up to Election Day, memecoins and AI-related crypto tokens outperformed the overall crypto market. The sector of the crypto market is used as a measure of retail investors' risk appetite. The crypto market seemed to be positioning for a Trump victory Wednesday as investors monitored the results of the U.S. presidential election.
Persons: Memecoins, Donald Trump, Dogecoin, Shiba Inu, Chris Chung, Ryan Rasmussen, I'm, Trump, Chung, Elon, Nic Puckrin Organizations: Elon, Metrics, Titan, Solana, Bitwise Asset Management, CNBC, lotto, Trump, U.S, Securities, Exchange, of Government, Department of Government Locations: memecoins, bitcoin
☆ Trump Media Stock Surges on Election Result
  + stars: | 2024-11-06 | by ( Matthew Goldstein | More About Matthew Goldstein | ) www.nytimes.com   time to read: +1 min
In September, Truth Social had 698,000 monthly active users in the United States, compared with 70.4 million for X, according to Similarweb, a data tracking site. Some shareholders — many of them individual investors and supporters of Mr. Trump — took to a Truth Social message board on Wednesday to blast Wall Street traders, accusing it of conspiring to keep a lid on the stock price. Before the trading day began, it appeared Trump Media shares were poised to rocket higher. The stock was the most heavily traded in the hours before the official market open and rose as much as 30 percent in early trading. Swings in Trump Media’s price set off brief trading halts by stock exchanges on Wednesday morning, as they have on other occasions.
Persons: Elon Musk, Trump’s, Trump — Organizations: Social, Mr, Trump, Trump Media Locations: United States
☆ Why so many state governments are in financial trouble
  + stars: | 2024-11-06 | by ( Carlos Waters | Shawn Baldwin | Jason Reginato | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy U.S. states are in financial troubleTwenty-seven U.S. states lack the cash to repay their debts, according to researchers at Truth in Accounting. The debts relate to public pension systems, which provide lifetime benefits to state and local government employees. About $800 billion in federal aid during the pandemic obfuscated the long-term challenges of states. As that extra aid expires economically powerful states are tightening their budgets. That could lead to tax hikes or cuts to public services like education and transportation.
Organizations: Truth
☆ Watch Wednesday's full episode of the Halftime Report — November 6, 2024
  + stars: | 2024-11-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Wednesday's full episode of the Halftime Report — November 6, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.
Persons: CNBC's Scott Wapner Organizations: CNBC PRO
☆ Watch CNBC’s full interview with Solus’ Dan Greenhaus, Hightower’s Stephanie Link and Wells Fargo’s Chris Harvey
  + stars: | 2024-11-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Solus’ Dan Greenhaus, Hightower’s Stephanie Link and Wells Fargo’s Chris HarveySolus’ Dan Greenhaus, Hightower’s Stephanie Link and Wells Fargo’s Chris Harvey, join 'Closing Bell' to discuss the market under a Trump second term and stocks rallying on the news.
Persons: Solus ’ Dan Greenhaus, Hightower’s Stephanie Link, Wells, Chris Harvey Solus ’ Dan Greenhaus, Chris Harvey Organizations: Trump
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