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Costco Wholesale — The membership-only retailer saw shares dip about 1% after the company missed expectations for fiscal fourth-quarter revenue. Super Micro Computer — Shares of the artificial intelligence beneficiary slipped 2%, adding to their 12% loss in the previous session. The Wall Street Journal reported that the U.S. Justice Department had opened a probe on the company. Dollar General — Shares fell 2% after Citi downgraded Dollar General to sell from neutral, saying Walmart 's increasing dominance in retail, especially on pricing, has the dollar store "on the wrong side." HP Inc. — The tech hardware stock fell about 2% after a downgrade to neutral from buy at Bank of America.
Persons: Myers Squibb, Costco, Hindenburg, Morgan Stanley, , KeyBanc, — CNBC's Hakyung Kim, Lisa Kailai Han, Yun Li, Sarah Min, Jesse Pound, Samantha Subin, Michelle Fox Organizations: Myers, U.S . Food, Drug Administration, Novo Nordisk —, JPMorgan, Costco Wholesale, Revenue, Street Journal, U.S . Justice Department, U.S . Securities, Exchange Commission, Wynn Resorts, Citi, Walmart, HP Inc, Bank of America, HP Locations: Bristol, U.S, Novo Nordisk — U.S, Danish
For one fan who was in attendance for the Japanese superstar's record-breaking home run, Ohtani's success may deliver a multimillion-payday. The starting bid for the historic ball — the most valuable from Ohtani's incredible 6-for-6, 3-home-run and 10 RBI performance — is $500,000. The auction will run from Sept. 27 to Oct. 9, with extended bidding taking place on Oct. 16. The $3 million figure represents the highest price ever paid for a baseball when Mark McGwire's 70th home run ball sold in 1999. If you don't have several million dollars to bid on Ohtani's home run ball, don't worry.
Persons: Shohei Ohtani, Goldin, Mark McGwire's Organizations: Major League Baseball, Goldin Auctions, Dodgers, Topps, CNBC
A major Trump Media shareholder has sold nearly all of its company shares, an SEC filing showed. It's the first known sale of Trump Media shares following a September 19 lock-up expiry. AdvertisementTrump Media shareholder United Atlantic Ventures has sold nearly all of its stake in the company, amounting to nearly 11 million shares. The sale is the first known case of company insiders ditching Trump Media shares now that restrictions have expired. AdvertisementGiven how volatile the Trump Media stock is, UAV may have received anywhere between $128 million and $170 million for its sale.
Persons: , Andrew Litinsky, Wes Moss, Donald Trump's, Moss, Trump, DJT Organizations: Trump Media, SEC, United Atlantic Ventures, Service, Social, UAV, Trump
Old-line hand tools manufacturer Stanley Black & Decker (SWK) , founded in 1843, is a fallen champion that's judged to be making a comeback. Its chart pattern qualifies as a "bearish-to-bullish" reversal buy. The chart pattern at present is judged to be a "bearish-to-bullish" reversal buy, with the completion of the bottoming-out process implying a move to the $130+/- level. -Carter Braxton Worth For actionable recommendations via email and live nightly videos become a member at worthcharting.com . BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: Stanley Black, Decker, that's, SWK, Carter Braxton Worth Organizations: CNBC, NBC UNIVERSAL
A rare bullish signal with a perfect track record flashed in the stock market this week. This signal has flashed 28 times since 1962, with the S&P 500 averaging 15% returns one-year later. AdvertisementAn ultra-rare bullish signal with a perfect track record flashed in the stock market this week, suggesting another year of record highs ahead. Advertisement"Similar improvements in market breadth resulted in a 96% win rate over the following year," Christians said in a note to clients on Tuesday. But the signal has a perfect win rate when it flashes while the stock market is at or near record highs, as it did this week.
Persons: , McClellan, SentimenTrader, Dean Christians, that's Organizations: Service
Russia is considering fines for those promoting a child-free lifestyle, according to a Putin ally. AdvertisementRussia's parliament is working on a new law that would fine people the equivalent of thousands of dollars for promoting a child-free lifestyle, according to a close ally of Russian President Vladimir Putin. He accused the so-called "child-free movement" of undermining the institution of family, which may be contributing to Russia's low birth rate. Russia's birth rate hit a 25-year low in the first half of 2024. Advertisement"A friendly and large family is the basis of a strong state," Volodin said in his Telegram post.
Persons: Putin, , Vladimir Putin, Vyacheslav Volodin, Volodin, Nina Ostanina Organizations: Service, State Duma, Russia, Reuters, RIA Locations: Russia, Ukraine, Russian
A Russian teen was given 15 years for donating to the Freedom of Russia Legion, local media reported. AdvertisementA Russian 19-year-old was sentenced to 15 years in prison for donating to a pro-Ukrainian paramilitary unit, independent outlet Mediazona reported. Russian daily Kommersant reported at the time that the teen had tried sending the funds via cryptocurrency. Yakovlev isn't the first Russian citizen to be sentenced to over 10 years in prison for donating to pro-Ukraine groups. AdvertisementIn August, 33-year-old amateur ballerina Ksenia Khavana was reported by Russian media to have been sentenced to 12 years in prison for donating $51 to a charity supporting Ukraine.
Persons: Danila Yakovlev, , Yakovlev, Ksenia Khavana, Vladimir Putin Organizations: of Russia Legion, Service, Kremlin, Kommersant, Russian, Eastern Locations: Siberia, Ukrainian, Biysk, Altai Krai, cryptocurrency, Russia's, Russian, Ukraine
See more mortgage rates on Zillow Real Estate on ZillowWhat Are Today's Mortgage Refinance Rates? See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. Current 30-Year Mortgage RatesAverage 30-year mortgage rates are hovering around 5.80%, according to Zillow data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile. But now that inflation has decelerated and the Fed is expected to cut rates soon, mortgage rates have trended down.
Persons: they've, Lawrence Yun, Freddie Mac, it's, Fannie Mae Organizations: Federal, National Association of Realtors, Zillow, Fed, Mortgage, Association, ARM, . Government Locations: Chevron, Government
The best-performing Club stocks during the topsy-turvy third quarter are all outside the "Magnificent Seven" and AI-winner complexes. Starbucks: 25.2% New CEO Brian Niccol is the reason why Starbucks' stock is on the list. Best Buy: 18.6% The electronics retailer is another rate-cut winner: More people moving means more purchases of appliances and TVs. In fact, the reasons to own Best Buy are underappreciated by investors, JPMorgan analysts said in a note to clients Friday. Like Stanley Black & Decker and Best Buy, Home Depot is a beneficiary of increased housing sector activity.
Persons: , Stanley Black, Decker, Brian Niccol, Eli Lilly, Lilly, there's, Jim Cramer's, Jim Cramer, Jim, Donald Allan , Jr, Chris Taylor Organizations: Reserve, Starbucks, Deutsche Bank, GE Healthcare, Novo Nordisk, Abbott Laboratories, Abbott Labs, GE, JPMorgan, CNBC, The New York Stock Exchange, NYSE Global Locations: U.S, China
CNN —An 18-year-old has filed a lawsuit over the ownership of the ball Shohei Ohtani made baseball history with when he became the inaugural member of the 50-50 club. The ball had been put up for auction by auctioneers Goldin, with bids starting at $500,000 and collectors able to purchase it privately outright for $4.5 million. Both Belanski and Kelvin Ramirez indicated on social media that they intended to sell the ball, per the filing. In December 2002, a San Francisco judge ordered the two men to sell the ball and split the proceeds. The ball was eventually sold to comic book creator and producer Todd McFarlane who paid $450,000 for it.
Persons: Ohtani, auctioneers Goldin, Max Matus, Chris Belanski –, Goldin, Kelvin Ramirez, Matus, Max’s, Belanski, , ” John Uustal, it’s, Max, , Ramirez, Barry Bonds, Alex Popov, Patrick Hayashi, Hayashi, Todd McFarlane Organizations: CNN, Los Angeles Dodgers, Miami Marlins, Dodgers, Marlins, ” CNN Locations: Florida’s, Belanski’s, Matus, San Francisco
Which Battleground State Voters Could Sway the Election? It says that in order for Democrats to win, Black voters must make up 30 percent of all voters and at least 30 percent of white voters must vote Democratic. Black voters, who cast nearly a third of the ballots in 2020, overwhelmingly favored Mr. Biden — by almost 90 percent. That’s because educational attainment divides mostly white voters, and many of Nevada’s less-educated voters are not white. Even so, that wasn’t enough for him to overcome the coalition of white voters with a college degree and voters of color who delivered Mr. Biden a victory.
Persons: they’ve, Biden, Biden’s, Donald J, Trump, , Mark Kelly, , Samara Klara, Charles S, Bullock, Kamala Harris, Andra Gillespie, , “ There’s, Matt Grossmann, David Damore, suburbanites, Chris Cooper, Trump’s, Charles Franklin Organizations: Hispanic, The New York Times, White Hispanic, Democratic Senate, Mr, Biden, University of Arizona ., White, University of Georgia, Democratic, Black, Georgia, Emory University . Georgia, Suburban, Arab American, Michigan, , Michigan State University, Israel, Democratic Party, University of Nevada, Rural, Voters, North, Western Carolina University, Wisconsin, University of Wisconsin ., Marquette Law Locations: The, Arizona, U.S, University of Arizona . Georgia, Georgia, Michigan, Detroit, American, Gaza, Nevada, Las Vegas, , Carolina, North Carolina, Greensboro, Asheville, Trump, ” Pennsylvania, Pennsylvania, Pittsburgh, Pennsylvania’s, Philadelphia, Wisconsin, Milwaukee, Madison, University of Wisconsin . Wisconsin, Dane County
Micron surged over 15% after strong revenue and profit forecasts driven by AI spending. Other chip stocks also rallied on Thursday after Micron's revenue guidance. AdvertisementMicron surged over 15% on Thursday after reporting strong revenue and profit forecasts, spurred by continued artificial intelligence spending. Micron projected its next quarter's revenues to be between $8.5 billion and $8.9 billion, above the $8.3 billion analysts anticipated. AdvertisementThe chipmaker's rosy forecast is a sign that it is another winner of the AI spending boom.
Persons: , Sanjay Mehrotra, wasn't, Matt Bryson Organizations: Micron, Service, US, Nvidia, Samsung Electronics, SK Hynix, Tokyo Locations: HBM, South Korea
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Despite Thursday's gains, Wells Fargo shares are having a tough month. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. 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, Stanley Black, Decker, Wells Fargo, Wells, Morgan Stanley, Jim Cramer's, Jim Organizations: CNBC, Treasury, JPMorgan, Wells, Bloomberg, Fed
Trump's plan for a 10% tariff on all imports has been panned by Democrats and Republicans alike. Vice President Kamala Harris has even called it the "Trump Sales Tax." Vice President Kamala Harris has characterized the plan as the "Trump Sales Tax." Despite that, a rebellious House Democrat just introduced a bill that would write those tariffs into law. A self-described "progressive conservative," the Maine Democrat frequently votes for Republican-led resolutions and bills in Congress.
Persons: Kamala Harris, Jared Golden of, , Donald Trump's, Mitch McConnell, Jared Golden, Golden, It's, Trump, Biden —, he's, Austin Theriault Organizations: Republicans, Democratic, Service, Trump, Democrat, Labor, Trade, United States of, Maine Democrat, Republican, GOP Locations: Jared Golden of Maine, United States, Maine, United States of America
Dalton, Georgia CNN —The face of a new era in American manufacturing is here, just off Interstate 75, tucked into this northwest corner of Georgia. That’s where you’ll find the Qcells plant that pumps out 32,000 solar panels a day and has a total panel production capacity of 5.1 gigawatts. They’re contributing back into the local community, paying taxes,” Nash said. The Qcells solar panel plant in Dalton, Georgia CNNTrump strikes a chordLocated in the congressional district represented by GOP firebrand Marjorie Taylor Greene, Dalton is Trump country. “You want to ask me that after November?” Nash, the Qcells plant manager, responded when asked about the future for the industry.
Persons: Dalton, , Lisa Nash, , didn’t, it’s, ” Nash, Biden, “ We’ve, Scott Moskowitz, Kamala Harris, Andi Rice, she’s, Kimberly Richardson, Harris, Richardson, Qcells, ” Richardson, Donald Trump, ” Kasey Carpenter, Dalton , Georgia CNN Trump, Marjorie Taylor Greene, ” Carpenter, Trump, George, Kasey Carpenter CNN, Brian Kemp –, can’t, Matt Santini, CNN's Phil Mattingly, “ It’s, ” Santini, Carpenter, , there’s, Mattingly, It’s, ‘ Don’t Organizations: Georgia CNN, CNN, Bloomberg, Getty, Republican, Dalton , Georgia CNN, GOP, Republican Gov, Biden, Trump, Oakwood Locations: Georgia, That’s, Dalton, Qcells, Dalton , Georgia, United States, Trump, Cartersville , Georgia, Atlanta
European luxury stocks have struggled this year amid weak Chinese demand. AdvertisementEuropean luxury stocks rallied sharply this week as a wave of Chinese stimulus measures spurred hopes of more spending. On Monday, the day before the stimulus measures were announced, Bank of America analysts cut their price objectives on luxury stocks by an average of around 20%. They also downgraded four luxury stocks to neutral, and another from neutral to underperform — leaving just three luxury stocks at buy ratings. Now, it seems investors are banking on the stimulus measures to bring luxury spending back to the country.
Persons: Cartier, , Burberry, Hugo Boss Organizations: Hermes, Service, Bank of America Locations: China, EU, Japan
The good news is that recent data suggests a decline in overdose deaths, the first significant drop in decades. Skyrocketing overdose deaths are nearly unavoidable, regardless of whether a state enforces tough penalties for drug possession or decriminalizes it. Since 2021, at least two-thirds of America’s 100,000 annual overdose deaths involved a synthetic opioid like fentanyl. Overdose deaths in the Northeast Deaths per 100,000 people Looking at regional overdose deaths shows this pattern clearly. It’s not coincidental that the exponential rise in overdose deaths has occurred in tandem with a profound increase in income inequality.
Persons: bartenders, skyrockets, didn’t Organizations: for Disease Control, National Forensic Laboratory Locations: East Coast, United States, America, East, Mississippi, Texas, Idaho, Oregon, New York City, Chicago, Rural West Virginia, Florida, West, U.S, Mexico
WASHINGTON — Former President Donald Trump said on Thursday that he would meet with Ukraine's President Volodymyr Zelenskyy Friday morning at Trump Tower in New York. Trump was previously not expected to meet with the Ukrainian president, who has already held meetings on Thursday with both President Joe Biden and Vice President Kamala Harris. Trump's planned meeting with Zelenskyy comes days after Zelenskyy called Vance "too radical," according to a story published Sunday in The New Yorker. Vance responded to Zelenskyy on Wednesday, saying, "I don’t appreciate Zelenskyy coming to this country and telling the American taxpayers what to do." Biden and Zelenskyy will meet again on Oct. 12 in Germany, according to the White House.
Persons: WASHINGTON —, Donald Trump, Volodymyr Zelenskyy, Trump, Joe Biden, Kamala Harris, Sen, JD Vance, Biden, Zelenskyy, Trump's, Vance, Harris, Putin Organizations: WASHINGTON, Trump, White, Department of Defense, Democratic, New Yorker, United Nations General Assembly Locations: New York, Ohio, Ukraine, Europe, United States, America, Russia, U.S, New, Russian, Germany
Smartmatic and Newsmax have reached a settlement in the voting technology company’s election defamation lawsuit against the right-wing news outlet shortly before the case was set to go to trial. The lawsuit focused on Newsmax's false claims that Smartmatic's machines rigged the 2020 presidential election for Joe Biden. Smartmatic sued Newsmax Media in 2021, alleging it claimed Smartmatic’s devices rigged the 2020 election. Former President Donald Trump and his allies have continued to promote false claims that the 2020 election results were manipulated to favor Biden. Smartmatic in April settled a similar defamation lawsuit against One America News for a sum that was not disclosed publicly.
Persons: Joe Biden, Newsmax, Smartmatic, Samira, Saba, Donald Trump, Biden Organizations: Newsmax, Newsmax Media, One America, Fox News, Fox Corp, Dominion Voting Systems Locations: Samira Saba
In today’s edition, national political reporter Ben Kamisar breaks down the latest installment of the NBC News Deciders Focus Group series, which featured young men from battleground states who are skeptical of both candidates. For him or against him, young men see the election as all about TrumpBy Ben KamisarNew focus groups of skeptical young men planning to vote in this fall’s most critical battleground states illustrate how, for them, this election is all about Donald Trump. The battle for young votersPolling has shown a significant gender gap in the presidential race, with Trump holding the upper hand among men and Harris with women. The two campaigns have been vocal about their attempts to win over young men — Trump through the world of influencers and combat sports, and Harris through targeted ads and the refrain about vice presidential nominee Tim Walz’s past as an assistant football coach. Read more → Follow live updates from the campaign trail →That’s all from the Politics Desk for now.
Persons: Ben Kamisar, Jonathan Allen, Donald Trump, , Harris, ” “ Kamala Harris, MAGA, John M, Trump, , , Drake, SurveyMonkey, — Trump, Tim Walz’s, → Harris, Garrett Haake, Sen, Mike McDonnell —, — Sen, Lindsey Graham, Jane Kleeb, McDonnell, Harris ’, Joe Biden, Ben Kamsiar, Kamala Harris ’, Donald Trump’s, Alex Conant, — we’ve, ” Conant, Read, loos Organizations: NBC, White House, Capitol, Capitol Hill, Trump, Wisconsin —, Syracuse University, Democratic, Republican Party, GOP, Trump reminisced, Congressional, Electoral, Republican, Democrats ’, Nebraska Democratic Party, NBC News, doling, Republicans, ntr, aig Locations: Nebraska, Michigan , Pennsylvania, Wisconsin, Pennsylvania, Philadelphia, Omaha, — Maine, Nebraska’s, Omaha —, Pennsylvania , Michigan, Georgia
By comparison, from Ohio’s March primary through August, Democrats held the edge, dropping $78.5 million on ads to Republicans’ $59 million. “Bernie’s special interest allies are dumping hundreds of millions of dollars into this race to try and defeat Sherrod because they know Sherrod will always stand up to them to do what’s right for Ohio,” Brown spokesperson Matt Keyes said in a statement. Democrats, who hold a one-seat majority in the Senate, are growing increasingly nervous about Sen. Jon Tester’s re-election bid in Montana. Democrats had a clear advertising advantage coming out of a contentious March primary that cost Moreno’s campaign millions of dollars to win. Close behind is WinSenate, a political action committee affiliated with the Democrats’ Senate Majority PAC, which has spent more than $22 million this month.
Persons: Sen, Sherrod Brown, Bernie Moreno, Brown, , Jai Chabria, JD Vance’s, , Moreno, Sherrod, ” Brown, Matt Keyes, Jon Tester’s, Larry Hogan, Gary Peters of, “ We’re, ” Philip Letsou, Chuck Schumer, Kamala Harris, ” Letsou, Barack Obama, Donald Trump, “ Sherrod, Chris Grant, Moreno’s, it’s, beholden, Harris, Joe Biden, Bernie, Scott Guthrie, ” Peters, I’m, “ Jon Tester, ” Moreno, Reagan McCarthy, chastise Brown, Mary Ann, ” Mary Ann, Bernie Moreno’s, ” Chabria, Vance Organizations: CLEVELAND, Senate, Democratic, , GOP, Republican, Democratic Senatorial, National Press Club, National Republican Senatorial Committee, Democrat Party, lockstep, Democrats, Defend, Jobs, Fund, PAC, National Republican, Moreno’s, Locations: Ohio, Montana, Florida, Texas, Montana and Ohio, Arizona , Michigan, Nevada , Pennsylvania, Wisconsin, Maryland, Gary Peters of Michigan, Washington, lockstep ”, ” Ohio, Toledo
“There’s no one-size-fits-all solution to pet stains,” says Eliana Coca, owner of E.C. SKIP AHEAD What happens if you don’t properly clean pet stains? | How to treat dog or cat urine and vomit stains | How to clean pet poop stains | 5 highly rated pet stain cleanersWhat happens if you don’t properly clean pet stains? Dealing with pet stains is not one of those times. How to clean pet poop stainsYou now know how to treat vomit and pee, but what about poop?
Persons: that’s, Muffetta Krueger, Krueger, , Bethany Heitman, TikTok Organizations: NBC, Facebook, Twitter Locations: You’ll, Massachusetts, New York
The Treasury market, though, hasn’t been paying attention. Officials penciled in another 50 basis points in reductions by the end of the year and another 100 by the end of 2025. That sentiment is evident in the “breakeven” inflation rate, or the difference between standard Treasury and Treasury Inflation Protected Securities yields. The 5-year breakeven rate, for instance, has risen 8 basis points since the Fed meeting and is up 20 basis points since Sept. 11. Taken together, the various dynamics in the Treasury market are making it a difficult time for investors.
Persons: hasn’t, , Jonathan Duensing, — haven’t, , Robert Tipp, We’re, Jerome, Powell, ” Duensing, Tom Garretson, “ They’d, There’s Organizations: Federal Reserve, Treasury, Amundi, Fed, CME, Treasury Inflation, RBC Wealth Management
DALLAS — Southwest Airlines executives on Thursday outlined for Wall Street their vision to boost profits: extra legroom seats starting in 2026, assigned seating, international partnerships and overnight flights. Southwest’s new plan comes as its leaders seeks to fend off activist Elliott Investment Management, which has called for leadership changes. He had served as CEO of AirTran, the airline Southwest combined with in 2011, and was a consultant to Southwest after the merger. Southwest has supported Jordan despite calls for his replacement by Elliott, which didn’t immediately respond to the airline’s plan it laid out on Thursday. He called Southwest’s plan intentional and detailed.
Persons: , Ryan Green, , Bob Fornaro, Fornaro, Bob Jordan, Jordan, Elliott, didn’t, ” Jordan, “ We’ve, — CNBC’s Rohan Goswami Organizations: DALLAS, Southwest Airlines, Wall, Elliott Investment Management, Federal Aviation Administration, Southwest, Spirit Airlines, AirTran, Boeing Locations: Southwest, Atlanta, Dallas, Hawaii
The war for the first battleground electoral vote may have been decided this week before a single ballot was cast. They also pointed to the lawn signs and other symbols of enthusiasm for the Harris campaign in the city. By failing to move enough legislative votes into his column, Trump lost his chance to tuck away all five of Nebraska's electoral votes without mounting a campaign. That poll has Harris up by 9 percentage points over Trump. For now, Democrats feel good about the odds that they will look back at this week as the moment they locked up their first electoral vote.
Persons: Kamala Harris, Harris, Joe Biden, Republican Donald Trump, Trump, , Sen, Mike McDonnell —, — Sen, Lindsey Graham, Jane Kleeb, McDonnell, Kleeb, Biden, they're, JD Vance Organizations: Republican, Congressional, Party, Electoral College, GOP, Democrats, NBC News, Nebraska Democratic Party, doling, Republicans, Trump, Democratic Locations: Omaha, — Maine, Nebraska's, Nebraska, Omaha —, AdImpact, Georgia, Arizona, Wisconsin, Ohio
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