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☆ Federal Reserve cuts interest rates by a quarter point
▼ + stars: | 2024-11-07 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

watch nowThe Federal Reserve approved its second consecutive interest rate cut Thursday, moving at a less aggressive pace than before but continuing its efforts to rightsize monetary policy. Among them was an altered view in how it assesses the effort to bring down inflation while supporting the labor market. The statement slightly downgraded the labor market, saying "conditions have generally eased, and the unemployment rate has moved up but remains low." Generally, the labor market has held up well. An acceleration in economic activity under Trump could persuade the Fed to cut rates less, depending on how inflation reacts.

Persons: Michelle Bowman, Jerome Powell, nonfarm, Donald Trump, Trump, Powell, Pace Organizations: Federal Reserve, Federal, Committee, Gross, Atlanta Fed, Trump Locations: Tuesday's

The Pixel 9 Pro and Pixel 9 Pro XL are enhanced versions of the excellent Pixel 9. The new camera oval on the Pixel 9 Pro phones juts out more than the rear cameras of previous Pixel phones. The Pixel 9 Pro XL (left) has a 6.8-inch display, while the Pixel 9 Pro (right) has a 6.3-inch display. The Pixel 9 Pro XL, with a 6.8-inch display, is a no-brainer for anyone who prefers larger Google Pixel phones or larger Android phones. See our guides to the best Pixel 9 Pro XL cases and best Pixel 9 Pro cases for extra protection.

Persons: Google's, Antonio Villas, Rose, Hazel, it's, Villas, VRR, I'd, I'm, Max, ultrawide, you've, Gemini, It's, you'd Organizations: Business, Google, Pro XL, Amazon, Verizon, XL, Gemini, Boas, Apple, Samsung, Qualcomm, Samsung Galaxy, Galaxy

☆ Affirm beats on top and bottom lines
▼ + stars: | 2024-11-07 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +3 min

Affirm , the provider of buy now, pay later loans reported better-than-expected fiscal first-quarter results. Revenue less transaction costs (RLTC) came in at $285 million, ahead of earlier guidance of $265 million to $280 million. Affirm said it expects to achieve profitability on a GAAP basis in its fiscal fourth quarter of 2025. Affirm is guiding to GMV in the range of $9.35 billion to $9.75 billion. In June, Affirm and Apple announced plans for U.S. Apple Pay users on iPhones and iPads to be able to apply for loans directly through Affirm.

Persons: Max Levchin, StreetAccount, Kevin Kennedy, Kennedy, —, Robert Hum Organizations: Revenue, Apple, U.S Locations: LSEG

☆ How Elon Musk stands to cash in on Trump's presidential victory
▼ + stars: | 2024-11-07 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +10 min

Jim Watson | Afp | Getty ImagesAs Donald Trump celebrated his presidential victory early Wednesday morning, Elon Musk was right there with him. Elon," Trump said onstage at his Mar-a-Lago resort, thanking the world's richest person for spending two weeks campaigning in Pennsylvania. Musk's investment in Trump is already paying off, even though Trump doesn't take office until Jan. 20. Musk was introduced by Cantor Fitzgerald CEO Howard Lutnick, who called the Tesla CEO the "greatest capitalist" in U.S. history. Having a role in a bespoke commission could give Musk power over federal agencies' budgets, staffing and the ability to push for the elimination of inconvenient regulations.

Persons: Elon Musk, Donald Trump, Jim Watson, Elon, Trump, Musk's SpaceX, Musk, surrogates, Tony, Cantor Fitzgerald, Howard Lutnick, Lutnick, Biden, Tesla, Sergio Flores, Geoff Orazem, Orazem, Vladimir Putin, Xi Jinping, Bill Nelson, Putin, Tenet, JD Vance Organizations: Republican, Afp, Getty, Trump, U.S, Tesla, SpaceX, Twitter, Department of Government, SEC, Environmental Protection Agency, Federal Aviation Administration, IRS, Microsoft, Meta, U.S . Army, National Security Agency, FedScout, NASA, U.S . Air Force, Space Force, Federal Emergency Management Agency, National Labor Relations Board, Street Journal, NBC News, Tenet Media, Department of Justice, Putin, Kremlin, PAC Locations: Butler , Pennsylvania, Lago, Pennsylvania, China, Hurricane, New, Puerto Rico, Meta, U.S, Taiwan, Russian, Ukraine

☆ CNBC Daily Open: The Trump rally begins
▼ + stars: | 2024-11-07 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. However, solar stocks tanked on fears that Trump would slash tax credits for solar energy. The Trump rally, in short, has begun. To be sure, yesterday's frenzy could have been a relief rally as much as a Trump rally. For now, however, the Trump rally is lighting up the markets.

Persons: Donald Trum, Russell, Trump's, Trump, Elon Musk, Donald Trump, Kamala Harris, Donald Trump's, Marc Pinto, Janus Henderson, Tesla, Edward Jones, Angelo Kourkafas, Yung, Yu Ma, Jesse Pound, Scott Schnipper, Alex Harring, Yun Li Organizations: Republican, Nevada GOP, CNBC, Democratic, NBC News, U.S, Janus, Janus Henderson Investors, Trump, Bank, General Motors, Ford, EV, Dow Jones, Nasdaq, BMO Wealth Management Locations: Florida, Nevada, Las Vegas , Nevada, U.S, United States

☆ AppLovin, top tech stock of the year, soars another 45% on earnings beat
▼ + stars: | 2024-11-07 | by ( Ari Levy | ) www.cnbc.com time to read: +3 min

AppLovin shares soared 45% on Thursday after the online gaming and advertising company issued guidance that was well above estimates and reported better-than-expected earnings and revenue. For the fourth quarter, AppLovin sees revenue of $1.24 billion to $1.26 billion, representing growth of about 31% at the middle of the range. The company said software platform revenue in the quarter increased 66% to $835 million, driven by improvements in AXON's models. Net income in the quarter increased 300% to $434.4 million, or $1.25 a share, from $108.6 million, or 30 cents a share, a year earlier. "AppLovin continues to impress with outsized revenue growth and incredible EBITDA conversion," analysts at Wedbush wrote in a report on Thursday.

Persons: It's, AppLovin, Wedbush, Adam Foroughi, it's, Foroughi, CNBC's CJ Haddad, Unity Organizations: Revenue

☆ Traders see good chance the Fed cuts again in December then skips in January
▼ + stars: | 2024-11-07 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

Federal Reserve Chair Jerome Powell speaks during a news conference following the Nov. 6-7, 2024, Federal Open Market Committee meeting at William McChesney Martin Jr. Federal Reserve Board Building in Washington, D.C., on Nov. 7, 2024. ET, market pricing pointed toward a 67% chance of another quarter-point cut in December and a 33% chance of a pause that month, according to the CME FedWatch Tool. The probability of a quarter-point December rate cut rose to more than 70% following the meeting, while the chances of a pause slipped to nearly 29%. Future rate probabilities found in the CME FedWatch Tool are derived from trading in 30-day fed funds futures contracts. Meanwhile, the odds that the Federal Reserve would skip an interest rate cut in January was around 71%.

Persons: Jerome Powell, William McChesney Martin Jr, —, Jeff Cox Organizations: Federal Reserve, Washington , D.C, Federal Locations: Washington ,, U.S

☆ The Gen Z Gospel of Wealth: Manifesting on TikTok
▼ + stars: | 2024-11-07 | by ( Amanda Hoover | ) www.businessinsider.com time to read: +8 min

Sarah Perl, who goes by the TikTok handle @hothighpriestess, says she has a successful career and relationship because she manifested both. Many of her recent posts focus on manifesting love, and they're particularly aimed at young women who want romantic relationships with men. She's not just saying that to the universe; she's feeding the TikTok algorithm, which likely sends her content to other young women. "I view manifesting almost like the For You page: Where you put your attention is where your life will end up going." For Gen Z, the divide between the divine and the digital can be razor thin.

Persons: Sarah Perl, She's, journaling, Ariana Grande, Gen, Zers, Z, Gen Zers, Amy Wu, Wu, they're, Sydney Stanback, Stanback, Shanna Watkins, Watkins, affirmations, ChatGPT, Emily McDonald, TikTok, isn't Organizations: Dua, Survey Center, University of Queensland Locations: Los Angeles, Dua Lipa, Dallas, Australia

As well as drastically increasing the number of strikes, Russia has begun to fire decoy drones without warheads to overwhelm Ukraine’s air defenses. These cheaper drones confuse Ukraine’s air defenses, which may shoot down decoy drones instead of ones carrying a lethal warhead. Decoy drones now account for as many as half of all Russian drones fired at Ukraine, Ihnat said. In the capital, there has only been one night without a drone attack since September 1. I just hide, wait and hope that I will survive.”A car and house burn after they were damaged from a Russian drone strike in Kyiv on Thursday.

Persons: Volodomyr Zelensky, Yuriy Ihnat, Ihnat, Donald Trump’s, “, Vadym, Valentyn Ogirenko, Serhiy Popko, ” Popko, Zelensky, ”, Kamala Harris, Trump, ” Zelensky, Vladimir Putin Organizations: Ukraine CNN —, CNN, Reuters, Republican, Russia, North Korean, Ukraine Locations: Kyiv, Ukraine, Ukraine CNN — Russia, Moscow, Russia, Iran, Russian, “, United States, Russia’s Kursk, Ukraine’s, Pyongyang

☆ China's luxury slump is trickling down to other consumer companies
▼ + stars: | 2024-11-07 | by ( Madeline Berg | Huileng Tan | ) www.businessinsider.com time to read: +5 min

China's luxury slump is spreading to more consumer brands. Companies like Starbucks, Estée Lauder, and Nike have reported falling sales in the region. It's hitting Western brands particularly hard, as reflected by companies across the consumer sector reporting muted sales in China in the most recent quarter. Consumer spending in China never fully recovered after the government started lifting COVID-19 curbs in late 2022. AdvertisementAdidas managed to buck the trend, reporting sales up 9% in Greater China in the third quarter.

Persons: Estée Lauder, —, China's, MingYii Lai, Brian Niccol, L'Oréal, Lynn Song Organizations: Companies, Starbucks, Nike, Service, Burberry, Daxue Consulting, InBev, Carlsberg, Apple, Adidas, Heineken, Greater China, ING Locations: China, Beijing, Greater China, Greater

As time is winding down to the event’s arrival, there are a few strategies for how to buy Jingle Ball 2024 tickets. The 2024 Jingle Ball Tour will kick off on Tuesday, December 3, in Dallas/Fort Worth, Texas. We’ve got you covered if you’re looking for how to get tickets to the 2024 Jingle Ball Tour. iHeartRadio’s Jingle Ball 2024 tour scheduleThe 10 stops on this year’s iteration of iHeartRadio’s Jingle Ball Tour take some of today’s top artists all around the nation. How to buy tickets for iHeartRadio’s Jingle Ball 2024 concert tourYou can buy standard original tickets for iHeartRadio’s Jingle Ball 2024 tour on Ticketmaster.

Persons: Gracie Abrams, Benson Boone, Meghan Trainor, Jason Derulo, We’ve, Katy Perry, SZA, Jack Harlow, Tate McRae, Kane Brown, Camila Cabello, Teddy, Madison Beer, Paris Hilton, Chicago , IL Jack Harlow, Detroit , MI Jack Harlow, Isabel LaRosa, NY Katy Perry, LAROI, Kesha, DC Tate McRae, Dasha, Isabel LaRose, TI ” Harris, Khalid, Saweetie, Tinashe, Wonho Organizations: Business, iHeartRadio, IL, FL, Ticketmaster, Atlanta, Chicago, Dallas, Boston, Vivid, Madison, Chicago , IL, Detroit , MI, DC, TI Locations: United States, New York, Dallas, Fort Worth , Texas, Miami, New York City, Los Angeles, Chicago, Washington, Texas, Midwest, Boston, East Coast, Fort Worth , TX, CA, Detroit, MI, York City, NY, Philadelphia, Atlanta, Washington , DC, Dallas , TX, Dallas ,, Los Angeles , CA, Chicago ,, Detroit ,, Philadelphia ,

☆ Trump and his party aim to further expand power in Washington: From the Politics Desk
▼ + stars: | 2024-11-06 | by ( The Politics Desk | ) www.nbcnews.com time to read: +6 min

In today’s edition, we explore how Republicans are eyeing maintaining their current House majority and expanding their newfound Senate majority after Donald Trump's victory. But given Trump’s decisive victory over Vice President Kamala Harris, House Republicans are feeling bullish about their chances of preserving their slim majority. The party that will hold the majority in the House of Representatives in January 2025 has yet to be determined. Republican Tim Sheehy defeated Democratic Sen. Jon Tester in Montana, NBC News projected Wednesday morning, giving the GOP 52 Senate seats. And the races in Nevada between Democratic Sen. Jacky Rosen and Republican Sam Brown and in Pennsylvania between Democratic Sen. Bob Casey and GOP challenger Dave McCormick are too close to call.

Persons: Donald Trump's, Kamala Harris, Scott Wong, Sahil Kapur, Kyle Stewart, Donald Trump, Will Trump, that’s, Trump, Mike Johnson, ” Johnson, Hakeem Jeffries, ” Jeffries, ”, Republican Tim Sheehy, Democratic Sen, Jon Tester, Tammy Baldwin, Eric Hovde, Elissa Slotkin, Mike Rogers, Ruben Gallego, Kari Lake, Jacky Rosen, Republican Sam Brown, Bob Casey, Dave McCormick, Read, → Harris, Natasha Korecki, ” Harris, Harris Organizations: NBC, White House, Capitol, Kyle Stewart Republicans, White, Senate, Representatives, NBC News, House Republicans, “, Republicans, Biden, Congressional, Democratic, GOP, Republican, Democratic Rep, Trump, Pennsylvania, mater Howard University Locations: Washington, West Palm Beach , Florida, Pennsylvania, Michigan, D, Virginia, Alabama, Louisiana, New York, Arizona , Oregon, Iowa, Southern California, Montana, Wisconsin, Arizona, Nevada

Harris offered to console Democrats over the loss to former President Donald Trump, acknowledging they were "feeling and experiencing a range of emotions right now." Trump never did when he lost to President Joe Biden and Harris in 2020. After Biden dropped out and endorsed Harris, Democrats reveled in the change, flooding donation channels and crushing fundraising records. The Biden campaign was skidding off course, setting off an eruption of party panic. Memorably, Harris offered a stinging rebuttal to Trump’s insistence on the debate stage that he had won the 2020 election.

Persons: Kamala Harris, Harris, Donald Trump, Trump, Joe Biden, Biden, MAGA, —, reveled, Roe, Wade, Hillary Clinton’s, “, ” Harris, Donald J, Shuran Huang, Nancy Pelosi, Harris ’, Oprah, Bruce Springsteen, John Legend, “ Donald Trump Organizations: mater Howard University, Wednesday, Democratic, Trump, Republicans, Republican Party, Republican, Democrats, Biden, Trump —, NBC News, White, U.S . Capitol, “, Service, Democratic National Convention Locations: U.S, California, America, Washington, “ America, United States of America, United States, Butler , Pennsylvania, Chicago, Iowa, Ohio

☆ Asian Americans favored Harris, but shifted right by 5 points
▼ + stars: | 2024-11-06 | by ( Kimmy Yam | Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +5 min

Asian American support for Donald Trump was 5 points higher this election cycle than in 2020, marking a slight shift to the right. The NBC News Exit Poll of early and Election Day voters indicated that 54% of Asian American voters chose Harris, while 39% voted for Trump. Harris lost seven points compared to Asian American Pacific Islander (AAPI) support for Biden in 2020. “The pendulum has started to swing back.”Ramakrishan pointed out that previous polling showed that the economy was a major priority for the Asian American electorate. And for the Asian American community, a group that owns more than 3 million small businesses, that perception was particularly effective.

Persons: Donald Trump, Harris, Karthick Ramakrishnan, ”, ” Ramakrishan, you’re, ” Ramakrishnan, Ramakrishnan, Trip Yang, Trump, Bill Clinton’s, Barack Obama, Trump’s, Ramakrishan, “, ” Yang, Biden Organizations: NBC, Trump, American Pacific, Biden, AAPI, Democratic, American, Democratic Party, Republican Party, Asian American, GOP Locations: U.S, Asian American, American, “

To lower housing costs, Trump has said he would allow homes to be built on federally protected land, something that could help increase the supply of homes in places like Nevada and Arizona. TaxesTrump has proposed a number of tax cuts, including a complete elimination of the federal income tax. Those cuts lowered the corporate tax rate to 21% from 35%, reduced individual income tax rates, and increased the standard deduction. That could create havoc for workers and consumers and reduce the amount of income taxes the federal government brings in. About 40% of Social Security recipients pay federal income taxes, typically because they have other sources of income that raise them above a certain threshold where they are required to pay income tax, according to the Social Security Administration.

Persons: Donald Trump, Trump, —, ” Trump, “, Decker, Matt Priest, ”, Priest, It’s, He’s, hasn’t, Immigration Trump, Jim Tobin, Trump’s Organizations: Trump, Chicago Economic, Companies, National Bureau of Economic Research, Footwear Distributors, Retailers, U.S, Federal Reserve, Immigration, Business, Pew Research Center, NBC News, National Association of Home Builders, NBC, University of New, University of Pennsylvania, Social Security, Social, Social Security Administration Locations: U.S, China, Nevada, Arizona, Alaska, Saudi Arabia, Russia, University of New Hampshire

☆ I skip Napa Valley and head to Paso Robles instead. It's California's best-kept secret for wine lovers.
▼ + stars: | 2024-11-06 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +7 min

Paso Robles also has more affordable and unique tastings compared to Napa Valley. I've visited Napa over 20 times, but over the past few years, Paso Robles has stolen my heart. AdvertisementAdding to that diversity is the low barrier to entry in the Paso Robles wine industry. Where you can wine and dineAnother reason I keep going back to Paso Robles is the fantastic restaurant scene. The wine-making world is slowly starting to learn about Paso Robles, but the town itself remains a hidden gem.

Persons: Paso Robles, —, You'll, Justin, JUSTIN, I've, Andrew Jones, Neeta Mittal, that's, Mittal, Kunal, Jones, Anneta, there's, Bolognese, Robles Organizations: Service, Recordings, Field, Michelin Locations: California, Napa Valley, Napa, Paso, Paso Robles, Bay Area, Angeles, San Francisco, Tin, Tin City, Silicon Valley, There's

☆ Toyota and BMW are the latest casualties in China's evolving EV market
▼ + stars: | 2024-11-06 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Toyota and BMW both reported plunging profits on Wednesday. China's EV giants like BYD are squeezing out foreign automakers and increasingly expanding into the premium market. AdvertisementChina's EV giants are rising, putting foreign automakers under pressure in the world's largest car market. Toyota and BMW reported a drop in quarterly profits on Wednesday, with sales in China slumping for both companies as they face growing competition from local automakers like BYD. In China, meanwhile, Toyota is facing fierce competition from local EV giants like BYD.

Persons: —, BYD, Xiaomi Organizations: Toyota, BMW, EV, Service, Sales, Mercedes, Audi Locations: China, Japan

☆ After bludgeoning Russia's navy in the Black Sea, Ukraine is now going after a new batch of warships
▼ + stars: | 2024-11-06 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Ukraine carried out a drone attack on Russian warships in the Caspian Sea for the first time. It's the latest blow to the Russian navy, which has taken a beating in the Black Sea. This morning, Ukrainian attack drones successfully struck Russia's Caspian Sea flotilla in the port of Kaspiysk, over 1000 km behind the frontline. Related Video Ukraine's sea drones vs. Russia's Black Sea FleetBusiness Insider could not immediately verify the footage. Ukraine expands zone of strikes this morning, hitting Russia's Caspian Sea Fleet in Kaspiysk.

Persons: —, Andriy Kovalenko, Sergey Melikov Organizations: Service, Strategic Communication, Security, National Security and Defense Council, Sea, Russian Navy Locations: Ukraine, Kaspiysk, Russian, Ukrainian, Russia's Dagestan, Moscow, Crimean, Crimea, Russia

As the central bank lowers its benchmark rate, mortgage rates are expected to go down. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 30-Year Mortgage Rates TodayAverage 30-year mortgage rates are hovering in the mid-6% range today, according to Zillow data. 15-Year Mortgage Rates TodayAverage 15-year mortgage rates are in the high 5% range, according to Zillow data. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data.

Persons: they've, Jerome Powell's, you'll, Freddie Mac, it's, They'll Organizations: Zillow, Fed Locations: Chevron

☆ E.l.f. shares soar as cosmetics retailer raises guidance after posting 40% sales gain
▼ + stars: | 2024-11-06 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +3 min

Beauty raised its full-year guidance on Wednesday after posting a 40% growth in sales. Sales rose to $301 million, up about 40% from $216 million a year earlier. raised its full-year revenue guidance from a previous range of $1.28 billion to $1.3 billion and also raised its adjusted earnings guidance. The retailer is expecting adjusted earnings to be between $3.47 to $3.53 per share, up from a prior outlook of between $3.36 and $3.41 per share. Analysts had been looking for earnings guidance of $3.51, according to LSEG.

Persons: we're, Tarang Amin, Amin, Donald Trump Organizations: LSEG, Gen Alpha, CNBC, Target, Walgreens Locations: U.S

For retailers and consumers finally feeling some relief from inflation, President-elect Donald Trump's tariffs proposal introduces fresh uncertainty around how prices could change during his presidency, analysts said Wednesday. Companies, retail trade groups and industry analysts have warned the move could fuel higher prices on a wide range of Americans' purchases such as sneakers and party supplies. "The adoption of across-the-board tariffs on consumer goods and other non-strategic imports amounts to a tax on American families," National Retail Federation CEO Matthew Shay said in a statement Wednesday. "Despite Trump's assertions to the contrary, tariffs are paid by the companies or entities importing goods and not by the countries themselves. Over time, supply chains would adjust to this change in tariff policy but it would be "incredibly disruptive" in the short term, said Saunders.

Persons: Donald, Trump, Matthew Shay, GlobalData, Neil Saunders, Saunders Organizations: NBC, China . Companies, Retail Federation 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

☆ Stocks making the biggest moves after hours: Qualcomm, HubSpot, Lyft, Bumble and more
▼ + stars: | 2024-11-06 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

Qualcomm reported adjusted earnings of $2.69 per share on $10.24 billion in revenue. Wolfspeed — The semiconductor manufacturer tumbled 17% after missing revenue expectations and offering weak guidance for the current quarter. Wolfspeed generated revenue of $195 million in the first fiscal quarter, missing the consensus estimate of analysts polled by LSEG by $5 million. The company said to expect between $160 million and $200 million in revenue during the current quarter, under the $215 million figure expected. HubSpot saw $2.18 in adjusted earnings per share on $669.7 million in revenue, while analysts polled by FactSet forecast $1.91 in earnings per share and $647 million in revenue.

Persons: LSEG, HubSpot, Lyft, Robin, SolarEdge, Donald Trump, Bumble —, Zillow, Darla Mercado, Jesse Pound, Samantha Subin, Sean Conlon Organizations: Qualcomm, Arm Holdings, LSEG, FactSet, Technologies, Bros, Revenue Locations: FactSet, StreetAccount, LSEG

Marking his first-ever solo headlining tour, Zayn Malik’s Stairway to the Sky Tour kicks off on November 20, 2024, in Edinburgh, Scotland. We’ve got you covered if you’re looking for how to get tickets to Zayn Malik’s Stairway to the Sky Tour. Zayn Malik’s 2025 tour scheduleZayn Malik’s 18-show 2024-2025 tour begins in Edinburgh, Scotland, on November 20, 2024. How to buy tickets for Zayn Malik’s 2025 concert tourOriginally, standard original tickets for Zayn Malik’s 2024-2025 concert tour were being sold on Ticketmaster. How much are Zayn Malik tickets?

Persons: Zayn Malik, ” Zayn Malik, Liam Payne, Malik, We’ve, Zayn, Zayn Malik hasn’t Organizations: Business, Sky, Sky Tour, Ticketmaster, North, New, Vivid Locations: North America, Europe, Edinburgh, Scotland, United States, Manchester, England, Washington , DC, San Francisco , California, Leeds, London, Wolverhampton, Newcastle, Washington, York City, NY, Los Angeles, CA, Vegas , Nevada, San Francisco, Los Angeles , CA, New York City

☆ More Iran sanctions and 'drill baby, drill': Oil market's future is still uncertain under Trump
▼ + stars: | 2024-11-06 | by ( Natasha Turak | ) www.cnbc.com time to read: +4 min

Luke Sharrett | Bloomberg | Getty ImagesU.S. oil producers are looking forward to less regulations on crude production under a Donald Trump presidency, meaning higher oil supply and consequently lower prices. At the same time, the increased likelihood of trade wars under Trump could dampen global economic growth and slow oil demand. "But medium-term downside risk to oil demand and thus oil prices from downside risk to global GDP from a potential escalation in trade tensions." watch nowTrump expressed his enthusiasm for increased U.S. oil production while giving a speech from the Republican campaign headquarters in Florida on Wednesday, just hours before his victory was confirmed. "The only thing that will cause drill baby drill to happen is higher oil prices based on these margins."

Persons: St, Luke Sharrett, Donald Trump, it's, Trump, Goldman Sachs, Robert F, Kennedy, Jr, Bobby, Biden, Cole Smead, Smead, Patrick Pouyanne Organizations: Chevron Corp, Bloomberg, Getty, Trump, Republican, West Texas Intermediate, Brent, Smead, Energy Information Administration, CNBC, doesn't Locations: Malo, Gulf of Mexico, Louisiana, U.S, Iran, Florida, Saudi Arabia, Russia, Abu Dhabi

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