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Meta last week began blocking advertisers from creating or running new ads about US social issues, elections or politics across its platforms, including Facebook and Instagram. But experts say that previous moves by social media companies — such as cutting their own internal safety teams — could undercut their current efforts. Former President Donald Trump and many of his supporters have already made repeated false claims that Democrats are cheating in the election. But since then, those companies have made cuts to those teams and walked back policies designed to restrict false claims about politics and elections. Last year, they said they would no longer remove false claims that the 2020 election was stolen.
Persons: TikTok, Elon Musk, Donald Trump, What’s, Twitter, Musk, we’ve, , Sacha Haworth, ” Imran Ahmed, “ It’s, , Trump, Helene, Harris, Ahmed’s CCDH, Ahmed, ” Ahmed, Leslie Miller, ” Mann, X, Biden, Kamala, Kamala Harris Organizations: New, New York CNN, Facebook, Google, Meta, Capitol, Tech, Center, CNN, Biden, Trump, YouTube, ” Meta, Associated Press, Integrity Locations: New York, Milton, U.S
Early in-person voting for the 2024 US presidential election began in Virginia, South Dakota and Minnesota. - | Afp | Getty ImagesMany investors worry their investments may be affected by the outcome of the U.S. presidential election. Forward four-year returns were positive for Democrats in 11 out of 12 terms, compared to Republicans who had positive returns in nine out of 12. watch nowHowever, the presidential contest could usher in short-term volatility, particularly if a winner is not declared right away. Yet even with deregulation, record production and higher oil prices, the energy sector was down 8.4% during Trump's presidential term, according to Adam's research.
Persons: Mark Motley, Jimmy Carter, George W . Bush, Motley, Joseph Veranth, Veranth, Larry Adam, Raymond James . Long, Adam, Donald Trump Organizations: Bozeman Government, Afp, Getty, U.S, Morningstar, Democrats, Foster & Motley, Dana Investment, CNBC, Locations: Arlington , Virginia, Virginia , South Dakota, Minnesota, Cincinnati, Waukesha , Wisconsin, U.S
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Tuesday's, DuPont, Bernstein, Jim, Eaton, Tom Jorden, Jorden, Coterra, Donald Trump, Stocks, Jim Cramer's Organizations: CNBC, Nasdaq, DuPont, Club, Coterra Energy, Brands Locations: Eaton
This proposition would require that 98 percent of the revenues from a federal prescription drug discount program be used on direct patient care.
Mario Tama | Getty Images News | Getty ImagesRetail therapy is thinly coating voters' anxieties from the presidential election — and their wallets know it. Follow: Election 2024 live updates: Trump and Harris await Presidential election results More than half, or 60%, of Americans surveyed are concerned with the state of the world and economy, more than they were a year ago. Top worries among doom spenders include the cost of living (55%), inflation (43%), and the presidential election (28%), the report found. As of June, 50% of cardholders carry a balance every month on their credit cards, a recent Bankrate survey found. About six out of every 10 people who have credit card debt have had it for at least a year, Bankrate found.
Persons: Mario Tama, , Gen Zers, Harris, Rossman, Bankrate, NerdWallet, Z, Alev Organizations: Getty, Intuit Credit Karma, Trump, Karma, Shoppers, Federal Reserve Bank of New, millennials, Fed Locations: Federal Reserve Bank of New York
What happens to stocks during election week? In general, the market has a slightly bullish bent during election week, but you can slice it different ways. The average percentage change for the S & P 500 in the week of the election is up 0.7%, with the index gaining 63% of the time, according to Birinyi Associates. That is why the S & P 500 is only 2% below its historic high. S & P 500 earnings estimates Q3: +8.4% Oct. 1: +6.0% Q4: +10.7% Technology: +14.6% Source: LSE Seasonals are important as well The seasonal trend is very strong.
Persons: Phil Mackintosh, Goldman Sachs, Goldman Organizations: Birinyi Associates, Nasdaq, Democrat, Republican, LSE
Representative Anthony D’Esposito helped Republicans flip the House in 2022. Now, he is one of its most vulnerable members, defending a left-leaning Long Island seat amid questions about reporting that he put his lover on the payroll. He faces Democrat Laura Gillen.
Persons: Anthony D’Esposito, Laura Gillen Organizations: Republicans
Election Day is here, and with it comes a parade of stressors. Many Americans are not only worried about the outcome, but what might happen in the aftermath, regardless of who wins. And 56% are worried that the 2024 election could be the end of democracy in the United States. With 24-hour news coverage already underway, it's nearly impossible to avoid the anxiety the day promises. "Talk to family and friends you find assuring and helpful to reduce your anxiety," Kennedy says.
Persons: Vanessa Kennedy, Kennedy Organizations: American Psychological Association Locations: United States, Austin , Texas
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJim Cramer talks which stocks could be post-election winners'Mad Money' host Jim Cramer looks at which stocks could benefit in the aftermath of the election.
Persons: Jim Cramer
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump win is good for stocks, Harris win isn't good for risk assets, says Strategas' Jason TrennertJason Trennert, Strategas chairman, joins 'Power Lunch' to discuss the election, Fed and how it all will impact the markets.
Persons: Harris, Strategas, Jason Trennert Jason Trennert Organizations: Email Trump
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWealthy Americans apply for foreign investment visas & passports at record levelsCNBC's Robert Frank joins 'Squawk on the Street' to discuss why wealth Americans are seeking foreign residency and investment applications during the election.
Persons: Robert Frank
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomy will be more stable under Harris, says Avenue Capital CEO Marc LasryMarc Lasry, Avenue Capital chairman and CEO, joins CNBC's Election Night Coverage to talk what a Trump or Harris economy might look like.
Persons: Harris, Marc Lasry Marc Lasry, Trump Organizations: Capital
Representative Marie Gluesenkamp Perez, a first-term Democrat representing a rural, working class district that former President Donald J. Trump won twice, is considered the most vulnerable Democrat in the House. She has frequently broken with her party on major votes and is in a rematch against Joe Kent, a far-right election denier whom she beat in 2022 by less than 1 percentage point.
Persons: Marie Gluesenkamp Perez, Donald J, Trump, Joe Kent
First-term Representative Lori Chavez-DeRemer, a mainstream Republican who has endorsed former President Donald J. Trump, is running against Democrat Janelle Bynum, a state representative, in a district that stretches from Portland’s southern suburbs to the rapidly growing town of Bend. Both candidates are pitching themselves as independent thinkers who can work across party lines.
Persons: Lori Chavez, Donald J, Trump, Janelle Bynum Organizations: Republican Locations: Portland’s, Bend
SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. Shares of Tesla surged overnight as investors bet a potential Donald Trump election victory would benefit major backer and CEO of the carmaker, Elon Musk. Tesla shares jumped 8% in overnight trading on Robinhood brokerage platform. Trump has promised to appoint Musk as the head of a government efficiency commission, if elected. "Your money is being wasted, and the department of government efficiency is gonna fix that," he said at the rally.
Persons: Elon Musk, Donald Trump, Musk, Trump Organizations: SpaceX, Tesla, Ridley High School, America PAC, Republican Locations: Folsom , Pennsylvania, Trump's
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPositive on the market regardless of what happens with the election: BNY Wealth's Alicia LevineAlicia Levine, BNY Wealth head of investment strategy and equities, joins 'Squawk Box' to discuss the latest market trends, impact of the 2024 election, what to expect from the Fed's policy meeting this week, and more.
Persons: BNY, Alicia Levine Alicia Levine
The Grammy-winner dressed up in several different recognizable looks that Anderson has sported through the years. Donning a platinum blonde wig, the singer is seen wearing an all-black look from the 1996 classic “Barb Wire,” in which Anderson stars and, of course, the outfit that Anderson wore to the 1999 MTV VMAs with the oversized furry pink hat. BEYWATCHAnd because there’s no shortage of wordplay opportunities with Beyoncé, she also wore the iconic red “Baywatch” bathing suit that instead read “Beywatch” in yellow lettering across the bust, nodding to the show in which Anderson starred from 1992 to 1997. “Don’t call me bey…” she wrote on her Instagram Stories across a photo of Beyoncé channeling her “Barb Wire” movie character, referencing an iconic line from the film. The actress and animal rights advocate also showed Beyoncé her appreciation in the comments section on one post, writing, “LOVE.”
Persons: Beyoncé, ” Beyoncé, Pamela Anderson’s, Anderson, , Cowboy Carter, Organizations: CNN, Anderson, MTV, “ LOVE Locations: Malibu Beach
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCyclical and defense stocks fluctuating on Trump vs. Harris win, says UBS' Maxwell GrinacoffMaxwell Grinacoff, head of U.S. equity derivatives research at UBS, weighs in on the impact of the U.S. election on stock markets.
Persons: Harris, Maxwell Grinacoff Maxwell Grinacoff Organizations: Trump, UBS
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA split Congress is probably the favorite for the markets, says Wharton's Jeremy SiegelJeremy Siegel, professor emeritus of finance at University of Pennsylvania’s Wharton School of Business and Wisdom Tree chief economist, joins 'Squawk Box' to discuss the state of the 2024 election, the potential impact on markets, and more.
Persons: Wharton's Jeremy Siegel Jeremy Siegel Organizations: University of Pennsylvania’s Wharton School of Business
New York CNN —US stocks rallied Tuesday as Wall Street awaited the results of a closely contested presidential race. “While it’s still anyone’s call on where the chips will fall on the election, putting it behind in either direction is a relief.”Historically, stocks have often risen on Election Day. This marks the sixth-straight Election Day gain for the S&P 500 and Nasdaq. “With Election Day finally here, expect more market volatility, particularly if the wait for a result is long or contested. Just two days after Election Day, the Federal Reserve will announce its latest interest rate decision, the first since cutting rates by half a point.
Persons: Dow, , Louis Navellier, Kamala Harris, Donald Trump, Joe Biden, George W, Bush, Al Gore, Adam Turnquist, Gore, ” Turnquist Organizations: New, New York CNN, Nasdaq, Navellier, Associates, LPL, Federal Reserve Locations: New York
Archer-Daniels-Midland — The food processor slumped 8% after its fiscal third-quarter and full-year earnings outlook missed analysts' estimates. Hims & Hers — Shares of the telehealth company gained 7% after better-than-expected third-quarter results surpassed analysts' estimates for profits and revenue. Palantir — The data analytics software maker surged more than 22% after posting strong third-quarter earnings and issuing upbeat revenue guidance . DuPont de Nemours — Stock in the chemicals company gained more than 6% after third-quarter earnings beat Wall Street estimates. DuPont reported adjusted earnings per share of $1.18 per share, while analysts surveyed by LSEG forecast $1.03.
Persons: Donald Trump, Archer, Burger, LSEG, MicroStrategy, Astera, Tesla, , Macheel, Samantha Subin, Alex Harring, Hakyung Kim, Sean Conlon Organizations: Trump Media & Technology, White, Nvidia —, Nvidia, Dow Jones, Daniels, Midland, ADM, FactSet, Restaurant, LSEG, Wynn, , Lattice Semiconductor, Cirrus, DuPont de Nemours — Stock, DuPont, Astera, Diamondback Locations: Cleveland
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWall Street to 'expect the unexpected' in U.S. election, says Nasdaq presidentTal Cohen, president of the Nasdaq, discusses how the market operator and its clients are preparing for uncertainty and volatility during this U.S. election.
Persons: Tal Cohen Organizations: Nasdaq Locations: U.S
Another rare contest where the Democratic candidate is on offense. Former Representative Debbie Mucarsel-Powell is liked by her party. But Senator Rick Scott, a fixture of Florida Republican politics and former governor, has the high ground in seeking his second term.
Persons: Debbie Mucarsel, Powell, Rick Scott Organizations: Democratic, Florida Republican Locations: Florida
Kalshi and Polymarket catapulted to the most downloaded free apps on the Apple App Store on Tuesday. Kalshi and Polymarket show Trump favored to win the Electoral College, with Harris expected to win the popular vote. AdvertisementKalshi and Polymarket zoomed to the top of the Apple App Store on Tuesday amid a surge in election betting in the waning days of the 2024 US presidential campaign. Kalshi's ascent in the Apple App Store rankings represented a key goal being reached for the company's CEO, Tarek Mansour. 1 for the entire App Store by Election Day, so the demand curve truly is exponential," Mansour told CNBC last month.
Persons: Kalshi, Trump, Harris, , Tarek Mansour, we're gunning, Mansour, Polymarket, Donald Trump, Kamala Harris Organizations: Apple, Electoral, Service, CNBC, Electoral College Locations: Polymarket
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA record-setting turnout may be good news for Trump, says pollster Frank LuntzFrank Luntz, pollster and political strategist, joins 'Squawk Box' to discuss the state of the 2024 election, what to watch for in tonight's election results, and more.
Persons: pollster Frank Luntz Frank Luntz Organizations: Trump
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