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☆ How Pete Hegseth went from Fox News host to Trump’s Defense Secretary pick
▼ + stars: | 2024-11-13 | by ( Brian Stelter | ) edition.cnn.com time to read: +8 min

New York CNN —Two years ago, Pete Hegseth relocated his family from New Jersey, near Fox News headquarters, to a small town outside of Nashville, Tennessee. On Tuesday evening, President-elect Donald Trump said Hegseth is his pick for Defense Secretary – a decision that shocked even some of his friends at Fox. Hegseth and Rauchet disclosed their relationship to Fox management when Rauchet was pregnant (and Hegseth was still married). After returning home from Iraq in 2006, Hegseth wrote that more troops were urgently needed. Hegseth wrote “Modern Warriors” in 2020 and “War on Warriors” earlier this year, both for Fox’s book imprint.

Persons: Pete Hegseth, Friends ”, Biden, Donald Trump, Hegseth, –, Pete, “, Trump, ” Hegseth, ”, Roger Ailes, Ailes, buzzed, Hegseth’s, Samantha, Jennifer Rauchet, Rauchet, Kaitlan Collins, George W, Bear Stearns, Amy Klobuchar, Glenn Beck’s, Tucker Carlson, Jack Carr, Bernstein, he’d, Fox, Carr Organizations: New, New York CNN, Fox News, “ Fox, Friends, Fox, Army, Department of Defense, Inside Fox, Trump National Golf, Nashville Christian, CNN, Princeton University, New Jersey Army National Guard, National Guard, Harvard University, White, Trump, Department of Veterans Affairs, Twitter, Fox Nation, Veterans, Warriors, FOX News Media, Princeton Locations: New York, New Jersey, Nashville , Tennessee, Washington, DC, Iraq, Afghanistan, Guantanamo Bay, Cuba, United States, Bear, Guantanamo, Minnesota, Nashville, Tennessee

Traders work on the floor at the New York Stock Exchange (NYSE), after Republican Donald Trump won the U.S. presidential election, in New York City, U.S., November 6, 2024. U.S. stocks slid on Thursday, as fresh comments from Federal Reserve Chair Jerome Powell signaled that economic strength could warrant some patience with future rate cuts. The Dow Jones Industrial Average slipped 189 points, or 0.4%, after falling more than 250 points at the lows of the session. "The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully," Powell said. Those moves come after the October producer price index released Thursday rose 0.2%, matching forecasts from economists polled by Dow Jones.

Persons: Republican Donald Trump, Jerome Powell, Stocks, Powell, Tesla, Dow Jones, Donald Trump's, Jay Woods Organizations: New York Stock Exchange, Republican, U.S, Federal, Dow Jones, Nasdaq, Trump, Russell, PPI, Dow, Freedom Capital Locations: New York City, U.S, Dallas

☆ 'Many dark times': How this startup founder overcame self-doubt and started a $100-million-a-year business
▼ + stars: | 2024-11-13 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +5 min

Jeffrey Tiong, founder and CEO of PatSnap. Courtesy of Jeffrey Tiong. Just ask Jeffrey Tiong. "Let me put it this way: For the last 17 years, building the business, there have been many dark times [and] low times. Courtesy of Jeffrey Tiong.

Persons: Jeffrey Tiong, Tiong Organizations: PatSnap, CNBC, National University of Singapore, The Wharton School, Patsnap Locations: Singapore, Patsnap, East Malaysia, Kota Kinabalu, U.S, Philadelphia, Europe, Asia

☆ Why now may be a good opportunity to buy these bonds — and earn tax-free income
▼ + stars: | 2024-11-13 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

"Investors should take advantage as munis are poised to deliver good performance into year-end and 2025, in our view," he added. Interest income from municipal bonds is free of federal income taxes. Further, if the investor resides in the same state that issues the bond, the interest income can be exempt from state taxes. Both of those tax cuts could reduce muni bond demand, Li said. As for any potential changes in the individual tax rate, UBS' Mukherjee doesn't necessarily see a big impact on demand.

Persons: Sudip Mukherjee, Mukherjee, Yingchen Li, Trump, Li, Donald Trump, Bank of America's Li, downgrades Organizations: Federal, UBS Global Wealth Management, Bank of America, muni, Republicans, Senate, Democrats, GOP, UBS, Investment, Bank of America's

☆ Bluesky’s user base has doubled in the past 90 days. Is it a mass exodus from X?
▼ + stars: | 2024-11-13 | by ( Clare Duffy | ) edition.cnn.com time to read: +8 min

Bluesky’s user base has doubled in the past 90 days — on Tuesday the company said it had gained 1 million new sign-ups in the past week alone, bringing it to more than 15 million total users. “X usage is at an all-time high and continues to surge,” X CEO Linda Yaccarino said in a post Wednesday. Bluesky also saw daily visits jump on Election Day and the day after to 1.2 million and 1.3 million, respectively, up from around 800,000 in the days before. On Bluesky, daily users more than doubled from-mid October to the post-election week. In the run-up to the election, Musk spread false and misleading claims about Trump’s competitor, Vice President Kamala Harris.

Persons: Bluesky rocketed, Elon, Musk, Donald Trump, Charlie Warzel, New York Times ’ Mara Gay, Don Lemon, X, White supremacists, Linda Yaccarino, “, Similarweb, Bluesky, ” David Carr, we’ve, Ed Zitron, EZPR, Zitron, Mike Isaac, ”, Trump, MAGA, Kamala Harris, Vivek Ramaswamy, Vladimir Zelensky, Musk’s Starlink, That’s, – CNN’s Liam Reilly, Matt Egan Organizations: New, New York CNN, Apple, New York Times, CNN, Guardian, ” New York Times, Trump, Twitter, “ Department, Government Locations: New York, anecdotally, Bluesky, ”, Russia

☆ This fund has outperformed the S&P 500 over the past 5 years. Here's how
▼ + stars: | 2024-11-13 | by ( Pia Singh | In | ) www.cnbc.com time to read: +7 min

Select Quality Equity Fund (GQEPX) is up 33% in 2024, outpacing the S & P 500's 27% year-to-date total return. It has also outperformed 99% of funds in its category over the past five years, per Morningstar. This matches the rest of the firm's fund strategies, GQG portfolio manager Brian Kersmanc told CNBC. "We focus on this concept of forward quality," Kersmanc explained. So they're considered that sort of a blue chip, almost widow-and-orphan stock within the portfolio," Kersmanc said.

Persons: Morningstar, GQEPX, Brian Kersmanc, Eli Lilly, Kersmanc, Rajiv Jain, it's, Philip Morris, —, It's, they're Organizations: GQG Partners, Equity Fund, CNBC, Nvidia, Exxon Mobil, Kersmanc, Exxon Locations: Florida, GQEPX

☆ Obscure Disney 2003 game set in ‘Winnie the Pooh’ universe becomes horror favorite online
▼ + stars: | 2024-11-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Kahlan-Rosenblatt.Jpg | Kalhan Rosenblatt | ) www.nbcnews.com time to read: +3 min

Piglet’s Big Game, released as a tie-in with the Disney film “Piglet’s BIG Adventure,” follows the beloved character as he enters the dreams of his “Winnie the Pooh” friends. At some point in the game, Piglet realizes that his friends have all fallen asleep and he must then enter their dreams to complete tasks and help them wake up. Piglet’s Big Game was released on the GameCube, PlayStation 2, GameBoy Advanced, Mac and PC, but each iteration varies in gameplay. Many gamers who saw the viral videos drew comparison to popular horror games they play regularly. Disney Games also did not immediately respond to a request for comment regarding the recent interest in Piglet’s Big Game.

Persons: Piglet, Winnie, ”, Roo, X, who’s, Mateusz, Piglet’s, ” Lenart Organizations: Disney, Google, eBay, PlayStation, Disney Games, Gotham Games

☆ 5 areas outside the battlegrounds that show how Trump expanded his coalition: From the Politics Desk
▼ + stars: | 2024-11-12 | by ( The Politics Desk | ) www.nbcnews.com time to read: +10 min

In today’s edition, national political correspondent Steve Kornacki breaks down the blue areas across the country where Donald Trump expanded his coalition. These five jurisdictions help tell the story of where and how Trump expanded his coalition the most dramatically. When Trump ran in 2016, he was crushed in Lawrence, an old mill city on the Merrimack River, by 66 points. Trump transition watchPresident-elect Donald Trump is continuing the process of building out his administration, tapping allies for key posts. DeSantis does not have to listen to Trump, after the two men saw their relationship fray amid DeSantis’ national rise and his failed 2024 presidential campaign.

Persons: Steve Kornacki, Donald Trump, Matt Dixon, Trump's, Sen, Marco Rubio, Trump, Steve Kornacki Donald Trump, Biden, Harris, Loudoun, Democrats ’, Kristi Noem, Noem, Rubio, Mike Huckabee, Mike Waltz, Waltz, Christopher Wray, Wray, Kash Patel, Ron DeSantis, Lara, wouldn’t, Lara Trump, Trump’s, James Uthmeier, Commerce Wilbur Ross, Uthmeier, Read Organizations: NBC, White House, Capitol, Trump, Puerto Ricans, Puerto Rico, GOP, Democrats, Democratic, Republican, South Dakota Gov, Department of Homeland Security, Foreign Relations, Intelligence, Arkansas Gov, Russia, CIA, Trump’s Cabinet, Florida Gov, Senate, State Department, Commerce Locations: Florida, Osceola County , Florida, Orlando, Puerto, Trump’s, Trump’s Puerto Rican, Lawrence , Massachusetts, Massachusetts, Lawrence, Merrimack, Loudoun County , Virginia, Rockland County , New York, New York City, Rockland, America, McKinley County , New Mexico, McKinley, New Mexico, Marco Rubio of Florida, U.S, Israel, China, Ukraine, Matt Dixon TALLAHASSEE, Fla

☆ Cowboys QB Dak Prescott is out for the season with hamstring injury
▼ + stars: | 2024-11-12 | by ( Rohan Nadkarni | Rohan Nadkarni Is A Sports Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

Dallas Cowboys quarterback Dak Prescott will undergo surgery on his hamstring and miss the rest of the season, Cowboys owner and general manager Jerry Jones said Tuesday. Prescott partially tore his hamstring in the second half of Dallas’s Week 9 loss to the Atlanta Falcons. In September, the Cowboys signed Prescott to a four-year, $240 million contract with $231 million guaranteed, the richest contract in NFL history. Cooper Rush started in place of Prescott during the Cowboys’ 34-6 loss to the Eagles on Sunday. In his career, Prescott has thrown for 31.437 yards, 213 touchdowns and 82 interceptions, with a 98.1 passer rating.

Persons: Dak Prescott, Jerry Jones, Prescott, ” Jones, Cooper Rush, Rush, Trey Lance, Lance, —, Tony Romo Organizations: Dallas Cowboys, Cowboys, Atlanta Falcons, Prescott, NFL, Eagles, Sunday, Dallas, NFC East, The Cowboys Locations: Prescott

☆ Prince William wants to put a smaller 'r' in royal. Here's what that means.
▼ + stars: | 2024-11-12 | by ( Hannah Peart | Hannah Peart Is An Intern In The Nbc News London Bureau. | ) www.nbcnews.com time to read: +4 min

LONDON — The "r" in royal will soon exclusively be lowercase — in spirit, at least. William added: “And I’m also going to throw empathy in there as well, because I really care about what I do. But, you know, if you look less royal, then what’s the point of being a royal?” Smith said. He was joined by William and Princess Kate, who has slowly returned to public duties following her treatment for cancer. Queen Camilla missed the occasion after falling ill with a chest infection that forced her to withdraw from public duties.

Persons: Prince William, King Charles III, Princess Diana, ”, Queen Elizabeth II, William, I’m, ” William, Prince, Wales, Daisy McAndrew, “, Graham Smith, Prince Harry’s, Harry, ” Smith, McAndrew, ” McAndrew, Smith, “ It’s, It’s, Charles, Princess Kate, Queen Camilla Organizations: “, Sky News, NBC, Commonwealth Locations: British, South Africa, Cape Town, United States, Britain, Kensington, London, United Kingdom

Whereas cases of the STI in newborns increased by 30% annually in recent years — greatly alarming public health experts — the upward trend has decelerated. San Francisco’s Public Health Department was the first to recommend doxyPEP for gay and bisexual men and trans women, in October 2022. That helped trigger a long decline in condom use among gay and bisexual men in particular. The protocol, called doxyPrEP, demonstrated generally comparable efficacy at preventing STIs compared with doxyPEP studies among gay men. Public health experts have attributed this century’s surge in STIs, at least in part, to a steady defunding of state and local public-health clinics.

Persons: STIs, gonorrhea, Chlamydia, ”, Laura Bachmann, Julie Dombrowski, Pfizer’s, doxyPEP, MISTR, Jeffrey Klausner, Trump, ” Klausner, “ Organizations: Centers for Disease Control, Blacks, NBC News, MediaNews, Getty, University of Washington, Public Health Department, CDC, PrEP, Food and Drug Administration, HIV, University of Southern Locations: Seattle, gonorrhea, Chicago, New York, Africa, Puerto Rico, ”, Munich, Canada, Japan, University of Southern California

A coalition of parents attempting to block a state law that would require that the Ten Commandments be displayed in public school classrooms by next year have won a legal battle in federal court. The judge wrote that the law is "facially unconstitutional" and "in all applications," barring Louisiana from enforcing it and adopting rules around it that require all public K-12 schools and colleges to exhibit posters of the Ten Commandments. We've shown that in our briefs by creating a number of posters," Murrill told reporters. The displays included historical context for the commandments that the state believes makes its law constitutional. When asked what he would tell parents concerned about having the Ten Commandments in public schools, Landry said in August: "Tell your child not to look at them."

Persons: John deGravelles, DeGravelles, Jan, Liz Murrill, Jeff Landry, —, nonreligious —, Steven Green, Murrill, We've, Landry, Moses, Martin Luther King Jr, Hamilton Organizations: U.S, District, Gov, GOP, — Jewish, Unitarian Universalist, American Civil Liberties Union, American Civil Liberties Union of, Americans United, and State, Religion Foundation, Willamette University, Supreme Locations: Louisiana, American Civil Liberties Union of Louisiana, Oregon, Murrill, Oklahoma

☆ Shane Waldron fired as Chicago Bears offensive coordinator amid team's struggles
▼ + stars: | 2024-11-12 | by ( Nbc Chicago | ) www.nbcnews.com time to read: +4 min

After much speculation, Chicago Bears offensive coordinator Shane Waldron has been fired. The Las Vegas Raiders, who are just ahead of the Bears in that category, recently fired offensive coordinator Luke Getsy, who led Chicago’s offense last season. Have the Bears fired a coordinator midseason? Since 1970, the Bears had not fired an offensive coordinator midseason, but they have changed offensive coordinators six times in the last 10 seasons, with no coordinator lasting longer than two years. Bears defensive coordinator Alan Williams resigned during the 2023 season, but the team hasn’t fired a coordinator midseason on the defensive side of the ball.

Persons: Shane Waldron, Waldron, ”, Matt Eberflus, ” Eberflus, Shane, Thomas Brown, “ Thomas, Caleb Williams, Eberflus, we’re, they’ve, Williams, hasn’t, Luke Getsy, Chicago’s, Ron Turner, Lovie Smith, Alan Williams Organizations: Chicago Bears, Bears, Seattle Seahawks, Green Bay Packers, Washington, Fox Sports, Jacksonville Jaguars, Las Vegas Raiders, NFL

☆ A London chef criticized diners who just get water and share dishes. He says it's about the atmosphere, not the money.
▼ + stars: | 2024-11-12 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

A London chef sparked online debate when he criticized diners who don't spend much. He told BI it was "very frustrating" and he was being forced to turn away diners who might spend more. AdvertisementA London chef has sparked a debate about the affordability and culture of eating out after he criticized diners who don't spend enough. AdvertisementJames Hacon, a restaurant consultant and industry commentator, told BI that life is tough for London eateries right now. AdvertisementHacon said there were ways to overcome the impact of diners who only want a starter and water.

Persons: Hugh Corcoran, —, Corcoran, James Hacon, Hacon Organizations: Service, London, National Insurance, Guardian Locations: London

☆ RFK Jr.'s website is crowdsourcing Trump appointee suggestions
▼ + stars: | 2024-11-12 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Robert F. Kennedy Jr. and Republican presidential nominee and former U.S. President Donald Trump attend a campaign event sponsored by conservative group Turning Point USA, in Duluth, Georgia, U.S., October 23, 2024. Carlos Barria | ReutersRobert F. Kennedy Jr. doesn't just want a top health-care position in the Trump administration, he wants your suggestions for more than 4,000 posts to be appointed by President-elect Donald Trump across the U.S. government. Kennedy's "Make America Healthy" website is seeking recommendations for appointees "across the future Trump administration" and allows users to "read, comment and vote" on those people. says "President Trump and Robert F Kennedy Jr want your help nominating people of integrity and courage." Independent presidential candidate Robert F. Kennedy Jr. makes an announcement on the future of his campaign in Phoenix, Arizona, U.S. August 23, 2024.

Persons: Robert F, Kennedy Jr, Donald Trump, Carlos Barria, Reuters Robert F, doesn't, Trump, Robert F Kennedy, Kennedy, Thomas Machowicz Organizations: Republican, Reuters, ., Agriculture, Energy, Infrastructure, Trump, CNBC Locations: Duluth , Georgia, U.S, New York, Phoenix , Arizona

☆ The interest rate on my high-yield savings account keeps dropping. I asked 3 experts how to earn more on my cash.
▼ + stars: | 2024-11-12 | by ( Christine Ji | ) www.businessinsider.com time to read: +9 min

My bank has lowered the APY on my high-yield savings account by almost half a percent recently. AdvertisementIt's never pleasant to receive an email from your bank informing you that the interest rate on your high-yield savings account is decreasing. From August until the end of October, the annual percentage yield (APY) on my high-yield savings account has fallen from 4.6% to 4.2%. After paying off my bills every month, I would put the remainder of my paycheck into my high-yield savings account and watch the number creep up. Is there anything I can do about the state of my savings account, or do I have to watch my yield erode away slowly?

Persons: I'm, —, I've, Jerome Powell, Patti Black, it's, Jerome Powell's, Black, Daniel Milan, Milan, that's, Richard McHorter, There's, McHorter, Trump's, What's, Zer, Christine, cji Organizations: Service, Federal Reserve, Savant Wealth, Cornerstone Financial Services, SRM Private Wealth, Treasury Locations: Milan, California, New York City

☆ Rocket Lab stock pops 25% after company reports strong revenue growth, first Neutron deal
▼ + stars: | 2024-11-12 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

Rocket Lab shares jumped in post-market trading after the company reported third-quarter results and announced its first customer for its coming Neutron vehicle. The space infrastructure company reported third-quarter revenue increased to $104.8 million, up 55% from $67.6 million for the same period a year ago. Rocket Lab forecast fourth-quarter revenue between $125 million and $135 million, which at the midpoint would see the company bring in about $430 million this year. Additionally, the company announced its first launch deal for its Neutron rocket. Shares of Rocket Lab jumped as much as 25% in after-hours trading, up from its close at $14.66 a share.

☆ Booker Prize 2024: Samantha Harvey’s space-station novel ‘Orbital’ wins annual literature award
▼ + stars: | 2024-11-12 | by ( Associated Press | ) edition.cnn.com time to read: +4 min

London AP —British writer Samantha Harvey won the Booker Prize for fiction on Tuesday with “Orbital,” a short, wonder-filled novel set aboard the International Space Station that ponders the beauty and fragility of Earth. The prize is open to English-language writers of any nationality and has a reputation for transforming writers’ careers. De Waal praised the “crystalline” writing and “capaciousness” of Harvey’s succinct novel — at 136 pages in its UK paperback edition, one of the shortest-ever Booker winners. Harvey is the first female Booker winner since 2019, though one of five women on this year’s shortlist, the largest number in the prize’s 55-year history. Founded in 1969, the Booker Prize is open to novels originally written in English published in the UK or Ireland.

Persons: Samantha Harvey, Booker, Harvey, ”, Edmund de Waal, ” Gaby Wood, ” Harvey, Ian McEwan, Margaret Atwood, Salman Rushdie, Hilary, Waal, Percival Everett, “ James, Twain’s, Huckleberry Finn ”, Jim, Rachel Kushner’s, Canadian Anne Michaels, Charlotte Wood’s, Yael van der, De Waal, Paul Lynch, ” Lynch Organizations: London AP, Space, Prize Foundation, Ireland Locations: British, Canada, United States, Australia, Netherlands, Canadian, London, Japan

Elon Musk embraces Donald Trump during a campaign rally in Butler, Pennsylvania on Oct. 5, 2024. Kissinger was deeply respected in China and continued to meet with its leaders as an unofficial diplomat in efforts to promote warmer relations between the two countries. Just months before Kissinger died in November 2023, he met with Chinese President Xi Jinping in Beijing in July 2023. They may not reach the same impact as Kissinger, given the more complex period, he said, though they could help stabilize relations. Cook and Schwarzman also regularly visit leaders in China, where they are often highlighted by Beijing as examples of positive China-U.S. business and trade relations.

Persons: Elon Musk, Donald Trump, Anna Moneymaker, Elon, Kissinger, Scott Kennedy, Henry Kissinger, Xi Jinping, Tesla, Li Qiang, Wang Yiwei, Wang, Musk's, Musk, Joe Biden, Biden, Trump, Wang Huiyao, Tim Cook, Blackstone, Stephen Schwarzman, Cook, Schwarzman, Dewardric Organizations: Getty, White, Economics, Center for Strategic, International Studies, U.S, SpaceX, Renmin University, CNBC, Trump, Center for, Longview Global Locations: Butler , Pennsylvania, Beijing, China, Washington, imploding, U.S, Center for China, Dewardric McNeal

☆ The Federal Reserve is trimming rates, and these higher-yielding assets could be called back soon
▼ + stars: | 2024-11-12 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +5 min

The Federal Reserve last week dialed back interest rates by a quarter point, bringing its target rate range down to between 4.5% and 4.75%. Give and take In addition to buying CDs directly from a bank, investors can also shop for brokered CDs through their brokerage. Indeed, a client holding a 12-month brokered CD with an APY of 4.65% had their instrument called with six more months to go, he said. The Federal Deposit Insurance Corp. backs bank CDs and savings accounts up to $250,000 per depositor and per ownership category. "The time with the brokered CDs has probably come to an end," he said.

Persons: Banks, Marcus, Goldman Sachs, Malcolm Ethridge, There's, noncallable, Ethridge, They're, Dinon Hughes Organizations: Federal Reserve, Capital Area, Vanguard, Nvest, Capital, Federal Deposit Insurance Corp, Treasury, ., Bond, SEC Locations: BTIG, Washington ,, Portsmouth , New Hampshire, Kennebunk , Maine

☆ Victor Wembanyama joins legendary group of NBA players after posting another monstrous stat-line
▼ + stars: | 2024-11-12 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —Victor Wembanyama put his name alongside some legendary figures in NBA history after posting yet another monstrous stat-line during the San Antonio Spurs’ 116-96 victory over the Sacramento Kings on Monday. 1 overall pick in last year’s draft, meaning he has now played the equivalent of a full season. When asked about what he’s learned after playing a full season, Wembanyama highlighted the mental aspect of preparing for a busy schedule. One thing that has developed for Wembanyama as the season has gone on is his success from three-point range. I’m 20, I’m hoping for some years it’s going to keep feeling better and better.

Persons: CNN — Victor Wembanyama, Frenchman, Oscar Robertson, Kareem Abdul, Jabbar, Larry Bird, Blake Griffin, Sidney Wicks, he’s, Wembanyama, ”, “ I’m, ” Wembanyama, Scott Wachter, Chris Paul, “ Organizations: CNN, San Antonio Spurs, Sacramento Kings, Spurs, Kings, “, Utah Jazz, Wembanyama, NBA, Reuters, Washington Wizards, Frost Bank Center Locations: Sacramento

☆ Here are Tuesday's biggest analyst calls: Nvidia, Apple, Tesla, Meta, Snowflake, Walmart, Wells Fargo, Alphabet & more
▼ + stars: | 2024-11-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Tuesday's biggest calls on Wall Street: Loop initiates NXP Semiconductor as buy The firm said it's bullish on the semiconductor company. Morgan Stanley reiterates Walmart as overweight Morgan Stanley raised its price target on the stock to $89 per share from $82 ahead of earnings next week. Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's sticking with the stock heading into a Trump administration. Morgan Stanley upgrades International Flavors to overweight from equal weight Morgan Stanley said in its upgrade of International Flavors that the fragrance and spice company is undervalued. Morgan Stanley upgrades Viking to overweight from equal weight Morgan Stanley said it sees an attractive entry point for the cruise company.

Persons: it's bullish, NXPI, Mizuho, it's, Morgan Stanley, WMT, Tesla, VIK, Redburn, Ross, Robinson, Wells, Bristol Myers, MoffettNathanson, D.A, Davidson, Snowflake Organizations: Semiconductor, NXP Semiconductor, Nvidia, Mizuho, TAM, 4Q, Citi, Deutsche Bank, Deutsche, " Bank of America, & Co, Bank of America, Apple Locations: eCommerce, VIK, OW, Wells Fargo, Bristol

☆ The stock market is loving Trump’s return. The bond market has some concerns though
▼ + stars: | 2024-11-12 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

CNN —Donald Trump is returning to the White House, and the stock market is loving it. ‘The regime change’For now, stock market investors don’t seem bothered by the jump in bond yields or these inflationary or debt concerns. “The stock market jumped for joy that the election results were definitive, thus averting a contested election. Of course, market veterans say they wouldn’t be surprised to see the stock market eventually display concern about tariffs and inflation under Trump. That could pose a number of problems for the economy and the stock market.

Persons: Donald Trump, Trump, shockwaves, ”, David Kotok, Stephanie Roth, Roth, ” Roth, Sau Loeb, Kamala Harris, Harris, Jeff Buchbinder, “, Kotok, it’s, ” Kotok, They’re, Freddie Mac, ‘, Ed Yardeni, Yardeni, It’s, ’, BTIG’s Isaac Boltansky Organizations: CNN, White, Dow Jones, stoke, Trump, Advisors, Wolfe Research, Treasury, US Treasury Department, Getty, Wall Street, LPL, Fed, Stock Locations: Big, Washington , DC, Washington

☆ Anthony Scaramucci is worried about a stock-market crash not seen since the late 1920s if Trump follows through on some of his plans
▼ + stars: | 2024-11-12 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

AdvertisementUS stocks have been on a tear since Trump's win. "Let me tell you something: If Trump enacted 50% of what he's saying, you'll have a stock market crash, the likes that you haven't seen since the 1920s," Scaramucci said. You'll crush the economy; you'll crush our tax revenues; you'll flip upside down the job market," Scaramucci said. "They will not be ready for that, and so the stock market will have gotten wrong the current movement." "My guess is that the stock market aficionados, the stock market experts, are probably right," Scaramucci said.

Persons: SkyBridge Capital's Anthony Scaramucci, Trump, there's, Scaramucci, —, Anthony Scaramucci, it's, Bitcoin, Donald Trump's, didn't, David Bahnsen, he's, — Elon Musk, Elon, Tom Orlik, David Kelly, , Susie Wiles Organizations: Service, House, SkyBridge, Business, Nasdaq, Russell, Trump, Bloomberg Economics, JPMorgan Asset Management, Republican

☆ Morning-after pill sales surge online, telehealth companies say, as women prepare for second Trump term
▼ + stars: | 2024-11-12 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +6 min

At Wisp, which offers two types of emergency contraception online, sales of those medications went up about 1,000% in just one day after Tuesday’s election. “We are seeing women actually stockpile emergency contraception pills,” Cepak said. “When you attack one piece of reproductive health care, it really has a ripple effect,” Friedrich-Karnik said. “People who need abortion care often also at some point need contraception, and people who need contraception might eventually need maternal health care,” she said. “People’s lives are fluid like that, and this care is fluid, and you can’t attack one piece of reproductive health care without really impacting the whole range of care that people need.”

Persons: Donald Trump, Trump, Monica Cepak, “, ” Cepak, ”, Cynthia Plotch, it’s, ” Plotch, That’s what’s, It’s, ’ ”, Clayton Alfonso, ‘ I’ve, ’ ” Alfonso, Court’s Dobbs, Roe, Wade, Dr, Sanjay Gupta, Amy Friedrich, Karnik, ” Friedrich Organizations: CNN —, “, Winx, Duke Health, American College of Obstetricians, Trump, Heritage Foundation, Republican, CNN, CNN Health, Guttmacher Institute Locations: United States, North Carolina

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