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The Summary This Halloween is expected to be far warmer than usual in many parts of the country. More than 30 cities across the Northeast could set new temperature records on Thursday. More than 30 cities across the Northeast could set record-high temperatures on Thursday, including Boston, New York and Washington, D.C. Many Midwestern cities, too, are expected to see temperatures 10 to 30 degrees warmer than usual for this time of year. Normal Halloween weather for the area is 56 degrees, he added.

Persons: Caitlyn Mensch, “, ” Mensch, Louis, Jared Maples, St . Louis ., Zachary Yack, “ We’ve, ” Yack Organizations: D.C, Boston, National Weather Service, Weather Locations: Boston , New York, Washington, Boston, . New York City, Washington ,, Midwest, Cleveland, St, St . Louis, St . Louis . Chicago, Chicago, Lakes, United States, Phoenix, Las Vegas, Napa, San Jose , California, California , Arizona, Nevada

☆ Longtime music director at Michigan church fired for same-sex marriage
▼ + stars: | 2024-10-31 | by ( The Associated Press | ) www.nbcnews.com time to read: +1 min

TRAVERSE CITY, Mich. — The longtime music director at a northern Michigan church said he was fired just a few months before retirement after officials learned that he was in a same-sex marriage, a dismissal that has angered members and led to sidewalk protests by the choir. “He’s extremely talented, he’s perfect on the piano, he has perfect pitch and because of him, I look forward to going to church every week,” said Bob Holden, a chorister at St. Francis Church in Traverse City. The Catholic Church teaches that marriage is a lifelong union between a man and a woman. “We take employee privacy very seriously and are not able to disclose details about individual personnel matters,” the Diocese of Gaylord, which oversees St. Francis, said in a written statement. In a time where there is so much controversy in the world, the church needs to be a place of peace, and instead it’s turmoil after turmoil,” church member Toni Stanfield said.

Persons: “, ”, Bob Holden, Francis Church, “ I’m, ” Holden, Fred Szczepanski, Michael Lingaur, Szczepanski, Pope Francis, Francis, Toni Stanfield Organizations: Catholic Church, Gaylord, Sunday Locations: CITY, Mich, Michigan, Traverse City, Traverse, Nevada

☆ Roam electric motorcycle completes solar-powered 6,000-kilometer journey through Africa
▼ + stars: | 2024-10-31 | by ( Nell Lewis | ) edition.cnn.com time to read: +7 min

CNN —An electric motorcycle, made by Swedish-Kenyan manufacturer Roam completed a 6,000-kilometer (3,700-mile) journey from Nairobi, Kenya, to Stellenbosch, South Africa, in 17 days, using only solar power. “(We wanted) to break a lot of boundaries on how traversing through sub-Saharan Africa is possible without pre-installed charging infrastructure,” Masa Kituyi, Roam product owner and one of the riders on the expedition, tells CNN. However, he insists that this mammoth journey would still be possible for people without a solar support car. Lewis SeymourAccelerating marketThe journey was a collaborative effort between Roam and Stellenbosch University, which launched an Electric Mobility Lab this month, dedicated to advancing sustainable transport solutions. Low operating costs are a key driver, analysts from Mordor told CNN in an email: “Electricity is generally cheaper than gasoline, and electric motorcycles have fewer mechanical parts.

Persons: Masa, Masa Kituyi, Lewis Seymour Kituyi, Stephan Lacock, ”, he’s, Lewis Seymour, Rwanda’s Ampersand, Spiro Organizations: CNN, Stellenbosch University, Electric Mobility, Intelligence Locations: Swedish, Kenyan, Nairobi, Kenya, Stellenbosch, South Africa, Africa, Tanzania, Malawi, Zambia, Botswana, Victoria Falls, Chobe, China, Rwanda, Benin, Togo, Uganda, Nigeria, EVs

Former President Donald Trump said Wednesday that he would "protect" women "whether the women like it or not," a comment the Harris campaign immediately pounced on. "I said, 'Well, I’m going to do it, whether the women like it or not,'" Trump said. A Harris campaign spokesperson, Sarafina Chitika, also said on X that Trump "thinks he knows better than the women of America." Reached for comment, Trump campaign spokesperson Karoline Leavitt said: "Harris may be the first woman Vice President but she has implemented dangerously liberal policies that have left women worse off financially and far less safe than we were four years ago under President Trump. Harris has centered much of her campaign on preserving and expanding reproductive rights after the end of Roe v. Wade.

Persons: Donald Trump, Harris, Trump, Kamala Harris, Sarafina Chitika, Karoline Leavitt, Leavitt, Roe, Wade, abortion’s Organizations: Republican, NBC, Trump Locations: Green Bay , Wisconsin, America

☆ Amazon set to report Q3 earnings after the bell
▼ + stars: | 2024-10-31 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +5 min

Amazon will report results for the third quarter after the bell Thursday. Earnings are growing much faster, due largely to Amazon CEO Andy Jassy's widespread cost-cutting efforts. Amazon is expected to report operating income of $14.7 billion during the quarter, up more than 31% from a year earlier, according to StreetAccount. During the third quarter, Amazon held its annual Prime Day megasale in July. WATCH: What to expect from Meta and Amazon earnings

Persons: Brian Olsavsky, Donald Trump, Olsavsky, Andy, Jassy, Jeff Bezos, Jassy's, Brad Erickson, CNBC's, megasale, Amazon, Oppenheimer, Jason Helfstein, SpaceX's, Helfstein, hasn't Organizations: LSEG, LSEG Revenue, Web, Paris Olympics, Amazon, CNBC, Nasdaq, RBC Capital Markets, Apple, Microsoft, Meta, Adobe Analytics, United Launch Alliance, . Space Force, Olsavsky Locations: U.S

☆ 16 cities where tenants can score significant rent savings as apartment prices stay high
▼ + stars: | 2024-10-31 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

Here are 16 real-estate markets where renters can save big. That's virtually unchanged from September's rate of $1,533, though it's 1.9% higher than the median price from a year ago. Two-bedroom setups went for around $1,910 in the nation's 100 largest real-estate markets, only a few dollars lower than last month and 2.6% higher than in October 2023. 16 cities where rent is reasonableEven though rent is stubbornly high on the national level, there are several cities among the 100 biggest rental markets where apartments are increasingly affordable. Along with each city are its year-over-year and month-over-month rent changes and its median rent, the savings compared to the national median, and its rank among the 100 top US real-estate markets.

Persons: —, Zumper, that's, hasn't, Anthemos Georgiades Organizations: Service

☆ Sovereign debt is the biggest risk to global growth in 2025, Saudi finance minister says
▼ + stars: | 2024-10-31 | by ( Natasha Turak | ) www.cnbc.com time to read: +1 min

RIYADH — National debt is a major threat to markets in the near future, Saudi Arabia's finance minister said, expressing particular concern over lower income countries as well as what he described as rapidly growing global fragmentation. "I think globally, the serious, serious issue that we need to watch is sovereign debt issues, particularly in low income countries and emerging economies that do not have the fiscal buffers to lean into in case of disruptions in the market," Mohammed Al-Jadaan told CNBC's Dan Murphy Wednesday from the Future Investment Initiative in Riyadh. "And hopefully between the IMF and the G20 we will find a solution, and we will be ready to support the world economy in case of shocks in that area, but it is an area that we need to watch, as global leaders, to make sure that it doesn't surprise us." Global public debt hit a record $97 trillion in 2023, prompting the United Nations to call for urgent reforms for governments and financial systems around the world.

Persons: Mohammed Al, Jadaan, CNBC's Dan Murphy Organizations: Saudi, Future Investment, IMF, Global, United Nations Locations: RIYADH, Riyadh

☆ England’s last ‘witch’ may have survived execution, new research suggests
▼ + stars: | 2024-10-31 | by ( Julia Buckley | ) edition.cnn.com time to read: +6 min

But new research suggests that one English woman convicted of witchcraft and condemned to be hanged may have escaped the noose. Alice Molland – who has long held the tragic record of being the last woman in England to be hanged as a “witch” – was sentenced to death in 1685. In June 1685, Avis Molland – by now widowed – emerges in court records as an informant about a potential revolt, at a time when the Duke of Monmouth was attempting a rebellion against the king. Avis Molland died a free woman eight years later. Worland has spent 18 years unearthing victims’ details, and has successfully campaigned to have memorials to executed “witches” in Colchester and Chelmsford.

Persons: Alice Molland –, ” –, Mark Stoyle, Alice Molland ”, Avis Molland –, Temperance Lloyd, Mary Trembles, Susannah Edwards, Molland, Joane Snell, Wilmott Snell, Agnes Furze ”, Stoyle, Avis Molland, “ Alice ”, Molland –, Avis Macey –, –, Duke of Monmouth, “ Alice’s, Avis, Alice, ”, ” Innocent, Henry VIII, Elizabeth I, Charlotte Meredith, ” John Worland, Worland, “, I’m, who’d, Judy Molland, “ I’m Organizations: CNN, UK’s University of Southampton, Bideford, MPI, Scotland, Exeter Castle, Getty, Essex, Exeter Cathedral, Devon Locations: Europe, England, Exeter Castle, Devon, Exeter –, Avis, Exeter, St, David’s, today’s, North America, Salem, Salem , Massachusetts, ”, Essex, Colchester, Chelmsford, “

☆ South Carolina death row inmate cites race of jurors in request for stay
▼ + stars: | 2024-10-31 | by ( Andy Rose | ) edition.cnn.com time to read: +6 min

Moore is the last person remaining on South Carolina’s death row to be convicted by a jury with no Black members, his defense attorneys say. “No other South Carolina death penalty case has involved an unarmed defendant who defended himself when the victim threatened him with a weapon,” they said in a statement. “He’s a human being who made mistakes,” Lyndall Moore told the AP. Moore’s attorneys responded Wednesday the case’s “unique procedural backdrop” should allow the justices to consider their arguments. Henry McMaster Meg Kinnard/APIn an earlier federal court request for a stay of execution, Moore’s attorneys expressed concern about McMaster’s past comments regarding clemency for death sentences, the ruling denying that request shows.

Persons: “, Richard Moore, Moore, James Mahoney, Mahoney, ”, Henry McMaster, ” Lyndall Moore, Trey Gowdy –, –, Gowdy, Gowdy’s, general’s, McMaster, Henry McMaster Meg Kinnard, … ” Organizations: CNN, US, Defense, Republican, Associated Press, Gov, AP, Supreme, GOP, Correctional Institution, Columbia . South Carolina Department of Corrections, Spartanburg Herald, South Carolina Gov, McMaster Locations: South Carolina, Spartanburg County, Carolina, Broad, Columbia .

☆ Perseverance rover captures video of ‘googly eye’ feature on Mars
▼ + stars: | 2024-10-31 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

CNN —The Perseverance rover spotted a quick glimpse of a cosmic “googly eye” on Mars during a recent solar eclipse. The Perseverance rover, currently ascending the western wall of Jezero Crater, captured a video of the partial eclipse, which resembled a googly eye, on September 30. Previous images includes a video taken by the Curiosity rover in 2019 and photo that the Opportunity rover snapped in 2004. Astronomer Asaph Hall discovered Mars’ two moons, Phobos and Deimos, in 1877. The Japan Aerospace Exploration Agency’s Martian Moons eXploration mission, or MMX, intends to solve some of those enduring riddles.

Persons: —, Asaph, Mars, MSSS, ”, Rick Welch, Perseverance’s, Hazel Hill Organizations: CNN, NASA, Opportunity, Japan Aerospace Exploration, JPL, Caltech, ASU, Jet Propulsion Laboratory Locations: Mars, Pasadena , California

☆ Apple reports revenue and earnings beat, iPhone revenue sees record Q4
▼ + stars: | 2024-10-31 | by ( ) 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 EmailApple reports revenue and earnings beat, iPhone revenue sees record Q4CNBC's Steve Kovach, Mike Santoli, and Angelo Zino, CFRA Research senior equity analyst, join 'Closing Bell Overtime' to talk quarterly results.

Persons: Steve Kovach, Mike Santoli, Angelo Zino Organizations: Apple, Research

☆ Chinese EV maker BYD's quarterly sales overtook Tesla's for the first time
▼ + stars: | 2024-10-31 | by ( Sonia Heng | In Sonia-Heng | ) www.cnbc.com time to read: +2 min

Yves Herman | ReutersChinese electric vehicle maker BYD reported third-quarter revenue that topped that of behemoth rival Tesla for the first time. On Wednesday, BYD reported revenue for the three months ended Sept. 30 of 201.12 billion yuan ($28.24 billion), up 24% from a year ago. That exceeded Tesla's revenue of $25.18 billion reported for the same period. At least half of BYD's sales are hybrid vehicles, whereas Tesla's vehicles are battery only. Likewise, Tesla remains on top in year-to-date sales, slightly edging out BYD's roughly $70.53 billion total revenue at $71.98 billion.

Persons: Yves Herman, BYD, Tesla, Elon Musk's Tesla Organizations: Reuters, behemoth, Elon, BYD's Seagull, EU, SAIC Motors Locations: China, Zeebrugge, Belgium, Beijing, Europe, Berlin, Hungary, Turkey

☆ Beaten-up Nextracker provides investors a reason to believe. But timing is key here
▼ + stars: | 2024-10-31 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

Nextracker lost around 32% of its value in between its August earnings report and Wednesday's close — a frustrating decline. It's too early to act, given the results of next week's contests could move shares of Nextracker and its peers considerably. "We were pleasantly surprised and gratified that this was the best solar earnings we've seen this quarter," Jim Cramer said Thursday. Nextracker Why we own it: Nextracker makes industry-leading tracking technology, which enables large-scale solar panel installations to follow the sun's movement and increase their power generation. Guidance Nextracker reaffirmed its fiscal 2025 guidance for revenue while upping its outlook for a pair of profitability metrics.

Persons: Nextracker, Jim Cramer, We're, Howard Wenger, Chuck Boynton, Jim Cramer's, Jim, Peter Cade Organizations: NXT, Club, Mizuho Securities, CNBC, Stone Locations: Nextracker

☆ CNBC Sport: ESPN Chairman Jimmy Pitaro on the most important bet in media
▼ + stars: | 2024-10-31 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +19 min

ESPN President Jimmy Pitaro , who I spoke with this week in an exclusive interview, doesn't shy away from that. Other media companies buy sports rights too, but ESPN buys more, and its entire existence is predicated on it. Yes, ESPN+ has existed since 2018, but ESPN+ has always been ESPN Lite, as I discussed in a CNBC documentary we put out earlier this year. "If that deal delivers for us in terms of growing our ratings, growing our reach – we got Flagship rights. "If that deal delivers for us in terms of growing our ratings, growing our reach – we got Flagship rights.

Persons: Alex Sherman, Jimmy Pitaro, doesn't, Pitaro, That's, it's, There's, Pitaro hasn't, Venu, Fubo, –, He's, Shams Charania, Pat McAfee, he's, Zach Lowe, Max Kellerman, Suzy Kolber, Robert Griffin III, Steve Young, Jalen Rose, We're, Alex, you've, Morgan, Cooper Flagg, Flagg, CNBC's Jess Golden, hasn't, Erik, Hag, Ruud van Nistelrooy, Ruben Amorim, Shohei, — Dwyane Wade, Wade, Michelangelo's David, Dwyane Wade Organizations: CNBC, ESPN, Walt Disney Company, Cable, Warner Bros . Discovery, Paramount Global, Disney, ESPN –, Monday, Football, NBA, WNBA, NHL, MLB, College Football, ACC, Masters, Wimbledon, UFC, Revenue, Flagship, CNBC Sport, Morgan Stanley Wealth Management, Gatorade, Manchester United, archrival Manchester City, English Premier League, Sky Sports News, Los Angeles Dodgers, Major League Baseball, Kaseya, Union of European Football Associations, The, Pickleball, CBS, Fox Sports, December's APP, ESPN Headquarters, Washington Post, The Washington Post Locations: Duke, Los Angeles, Dallas, Atlanta, Portuguese, Japan, Miami, Europe, Fort Lauderdale , Florida

☆ Worst drought in decades develops after one of driest months in US history
▼ + stars: | 2024-10-31 | by ( Mary Gilbert | ) edition.cnn.com time to read: +6 min

CNN —One of the driest months in United States history is coming to a close after causing the worst drought in more than 20 years in parts of the East as temperatures soar well above average there. As of October 25, the average precipitation across the Lower 48 was less than an inch. Only five months in the 129 years of records have ended with less than an inch of average precipitation over the Lower 48. Flash drought happens when drought conditions increase quickly, rather than over a multi-month or yearly timeframe, according to NOAA. It’s the state’s worst drought level since 2002.

Persons: haven’t, hadn’t, hasn’t, Hurricane Helene, Milton Organizations: CNN, National Oceanic, Atmospheric Administration, New, York, East, NOAA, Associated Press, New Jersey Forest Fire, National Interagency Fire Center Locations: United States, New York City, Philadelphia, Atlanta, Central, Hurricane, Florida, Hurricane Milton, Tampa, Midwest, New Jersey, Delaware, Pennsylvania, Mississippi, Ohio, Essex County , New Jersey, Michigan , New Jersey, Massachusetts, West Coast

☆ Safe-haven gold on track for best month in seven
▼ + stars: | 2024-10-31 | by ( ) www.cnbc.com time to read: +2 min

Gold Bullion from the American Precious Metals Exchange seen in this picture taken in New York on Sept. 15, 2011. Gold prices climbed to a record high on Thursday and were headed for their best month in seven on safe-haven demand ahead of the U.S. presidential election, while investors awaited U.S. inflation report for clues on the interest rate path. Spot gold was steady at $2,786.89 per ounce, as of 0254 GMT, after hitting a record high of $2,790.15 earlier in the session. "Traders want to buy gold whether it rises or falls, and that has kept retracements small and consolidations tight. All three metals were on track for a monthly gain.

Persons: Donald Trump, Kamala Harris, Kyle Rodda, Matt Simpson, Bullion Organizations: Precious Metals, U.S, Republican, Democratic, Trump, Capital.com, Index Locations: New York, U.S, United States, Index ., China

☆ Comcast says it's thinking of getting out of the cable TV business
▼ + stars: | 2024-10-31 | by ( Peter Kafka | ) www.businessinsider.com time to read: +4 min

Cable TV networks look like they're in permanent decline. AdvertisementThe future of cable TV channels is not looking good, at all. And basic cable TV networks are bearing the brunt of the collapse. Programming from the cable networks, for instance, is part of the pitch behind its Peacock streamer. question — if Comcast doesn't want these assets contaminating its core business, why would anyone else want to own it?

Persons: —, MSNBC —, WBD, Mike Cavanagh, There's, Craig Moffett, Cavanagh, They're, Brian Roberts Organizations: Cable, Comcast, Warner Bros, Service, CNBC, MSNBC, NBC Universal, NBC, Discovery, Paramount Locations: Bravo, USA

☆ Comcast tops earnings estimates as Olympics propels the company
▼ + stars: | 2024-10-31 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +4 min

Comcast beat third-quarter earning expectations on Thursday, as the Summer Olympics in Paris boosted NBCUniversal's revenue and Peacock's subscriber count. The company's revenue rose 6.5% to $32.07 billion compared to the same period last year. Overall revenue was boosted by the Summer Olympics in Paris, which NBCUniversal exclusively broadcast in the U.S., and domestic broadband revenue — despite continued slowing customer growth. Revenue for the media segment – mainly comprised of NBCUniversal – was up nearly 37% to $8.23 billion, largely due to the Olympics. The company's film studios, also part of the content and experiences segment, saw revenue increase 12.3% to $2.83 billion compared to the prior year.

Persons: –, Peacock, lockdowns, NBCUniversal Organizations: Comcast, LSEG, Summer, Revenue, CNBC, Paris, Olympics, Cable, Verizon, Program, ACP, Domestic, NBC Sports, NBC Olympics, NBC, Games Locations: Paris, U.S, Peacock

☆ Linde falls after its guidance fails to wow the market. We've seen this movie before
▼ + stars: | 2024-10-31 | by ( Jeff Marks | ) www.cnbc.com time to read: +8 min

To be sure, it wasn't the typical beat-and-raise quarter that Linde has become known for over the years. Linde Why we own it: The industrial gas supplier and engineering firm has a stellar track record of consistent earnings growth. It increased to $10 billion thanks to the largest gas project sale in company history. Other companies in the industrial gas space have a shakier track record at this, especially for clean hydrogen projects. Guidance For the fourth quarter, Linde expects adjusted EPS in the range of $3.86 to $3.96, implying 8% to 10% growth compared with the year-ago period.

Persons: Linde, —, Sanjiv Lamba, shouldn't, Lamba, Jim Cramer's, Jim Cramer, Jim Organizations: Linde, Revenue, LSEG, LIN, Products, CNBC, Tanks, Bloomberg, Getty Locations: Americas, Europe, Middle East, Africa, Asia, China, India, Dow Chemical's Fort Saskatchewan

☆ European markets expected to open lower ahead of euro zone inflation data
▼ + stars: | 2024-10-31 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

Traders sit in front of trading screens at ETX Capital in central London on January 3, 2017. LONDON — European markets were heading for a lower open Thursday as investors look ahead to the latest euro zone inflation data. The preliminary reading for October will be closely watched as it will inform the European Central Bank as to the trajectory of expected interest rate cuts. Flash economic data published Wednesday showed that the euro zone economy grew 0.4% in the third quarter of 2024, above the 0.2% rise expected by economists polled by Reuters. There are more earnings Thursday with Shell , Stellantis , Maersk , AB Inbev and Carlsberg reporting.

Persons: Rachel Reeves Organizations: London's FTSE, European Central Bank, Reuters, Shell, Maersk, AB Inbev, Carlsberg, Labour Locations: London, London's

☆ Switzerland is now flirting with deflation, causing a dilemma for its central bank
▼ + stars: | 2024-10-31 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +4 min

Urbazon | Istock | Getty ImagesSwitzerland could be at risk of slipping into deflationary territory next year, as a stronger Swiss franc beleaguers policymakers' efforts to get a handle on price growth. The central bank also revised down its forecasts, putting the average annual inflation rate for 2024 at 1.2% from 1.3%, while projecting price increases will grow by 0.6% in 2025, compared with a previous outlook of 1.1%. Foreign exchange (FX) interventions take place when a bank buys or sells its currency in the FX market to raise or lower its value against another currency. Swiss inflation has meanwhile continued to fall. In March, with inflation at 1.2%, the SNB become the first major Western central bank to cut interest rates.

Persons: Thomas Jordan, Adrian Prettejohn, Sophie Altermatt, Julius Baer, Prettejohn, Jordan Organizations: Istock, Getty, Swiss National Bank, Capital, Capital Economics, CNBC, FX Locations: Bern, Switzerland, Adrian Prettejohn Europe, Europe

☆ Top Chinese airlines' profits fall as flagging economy pressures fares
▼ + stars: | 2024-10-31 | by ( ) www.cnbc.com time to read: +1 min

China's top three state-owned airlines reported profit declines in the third quarter despite record summer passenger numbers and fuller planes than last year, as a slowdown in domestic economic growth pushes flyers to seek cheaper fares. Beijing-headquartered Air China on Wednesday reported a net profit of 4.14 billion yuan ($581.34 million) in the quarter, down from 4.24 billion yuan a year earlier. China Eastern Airlines on the same day posted a net profit of 2.63 billion yuan, down 28.2% year on year. The country's largest airline China Southern said on Monday there was "strong demand in the aviation market" but reported a 23.9% year-on-year drop in third-quarter net profit to 3.19 billion yuan. Airlines globally have been seeing stable demand but overcapacity and sluggish yields as a post-pandemic travel boom abates and most planes are back in the skies.

Organizations: Air, China Eastern Airlines, China Southern, Airlines Locations: Beijing, Air China, China

☆ Apple stuck it to the naysayers with better-than-feared financials, emerging iPhone 16 demand
▼ + stars: | 2024-10-31 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

While the hardware sales are certainly profitable, they pale in comparison to the profitability of Apple's Services. It's impossible to do consistently, and that's why Jim Cramer always says "own, don't trade" Apple stock. During the reported quarter, Apple returned over $29 billion to shareholders, including $3.8 billion in dividends and equivalents and another $25 billion via the repurchase of 112 million shares. Though Services sales missed the mark, gross income managed to outpace expectations thanks to significant year-over-year margin expansion. The growing installed base of active devices is of course translating into strong engagement with Apple's services.

Persons: Luca Maestri, that's, Jim Cramer, Time Cook, Apple, we're, Maestri, Jim Cramer's, Jim, Michael M Organizations: Apple, Samsung, Dell, HP Inc, of Asia, of Asia Pacific, Mac, Apple Watch, Apple Intelligence, Apple's Services, iOS, CNBC, Fifth, Santiago, Getty Locations: Apple's, Americas, Europe, Asia Pacific, Japan, Greater China, iPhones, Kantar, U.S, China, Australia, New York City

☆ Typhoon Kong-rey bashes Taiwan, the largest storm to hit island since 1996
▼ + stars: | 2024-10-31 | by ( Eric Cheung | Kathleen Magramo | ) edition.cnn.com time to read: +4 min

A 56-year-old woman was killed by a falling tree while traveling by car in central Nantou county, according to Taiwan’s Central Emergency Operations Center (CEOC). Strong winds from Kong-rey tore down a roof in Hualien County, eastern Taiwan on October 31, 2024. Kong-rey rapidly intensified to reach super typhoon strength on Wednesday as it barreled toward Taiwan after bashing the Philippines. Kong-rey is the third typhoon to make landfall on Taiwan this year after Krathon and Gaemi. After moving into the northern Taiwan Strait, the storm is forecast to head into the East China Sea and toward Japan.

Persons: Herb, Chang Chun, yao, Hwa Cheng, CEOC, rey, Krathon, Trami, Kristine Organizations: Taiwan CNN, Typhoon Kong, Typhoon Warning, Weather Administration, Emergency Operations Center, Getty, Hualien County Fire Department, AP, Taiwan’s Civil Aviation Administration, Central News Agency, Kong, CWA, East China Locations: Taipei, Taiwan, Typhoon, rey, Taitung county, Nantou county, Keelung, AFP, Kong, Hualien County, Hualien, Philippines, Yilan, Taichung, Taitung, Luzon, Leon, Taiwan Strait, East, Japan

☆ Investors all in on stocks: Mutual fund cash levels lowest on record, according to Bank of America
▼ + stars: | 2024-10-31 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

Someone apparently forgot to tell mutual fund managers that they are supposed to be worried right now. Professional fund managers have been increasing their bets on stocks since the fourth quarter got underway earlier this month, according to Bank of America. "Watching mutual fund cash levels is typically like watching paint dry, but not this month. That shift is notable ahead of the election and suggests that some fund managers are unconcerned about short-term volatility as votes roll in. Fund managers are underweight that area relative to history, and could rotate into those stocks if they gain more confidence, according to Subramanian.

Persons: Savita Subramanian, Cash, Subramanian Organizations: Bank of America . Equity, Investment Company Institute

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