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Trump’s pick for defense secretary, Pete Hegseth, was accused of sexual assault. Trump himself has faced various sexual misconduct allegations, which he has denied, though he was found liable last year for sexual abuse in a civil trial over an alleged incident in the 1990s that he also denies. Now, after having won the presidency again, he’s spending early political capital to confirm appointees who have faced sexual misconduct allegations of their own. The allegations against Trump’s picksGaetz’s years of controversies have been thrust back into the spotlight now that he’s up for a Cabinet post. “It’s a very scary time for young men in America when you can be guilty of something that you may not be guilty of,” Trump told reporters.

Persons: Donald Trump’s, Matt Gaetz, Pete Hegseth, Robert F, Kennedy Jr, Gaetz, Hegseth, Kennedy, “, Trump, ”, Marc Short, Mike Pence’s, we’ve, Trump’s, hasn’t, Tim Parlatore, Bill Clinton’s, George H.W, Barack Obama’s, haven’t, Andy Puzder, Puzder, Patrick Shanahan, Shanahan, Ronny Jackson, Jackson, Brett Kavanaugh, Kavanaugh, ” Trump, reconsidering, JD Vance, Karoline Leavitt, Vance, MAGA, ” Leavitt Organizations: NBC News, NBC, “, Justice Department, Trump, Committee, Washington Post, Republican, You’re, Politico, Pentagon, White House, Department of Veterans Affairs, Supreme, Capitol, White Locations: groping, Florida, America, Hegseth, Washington

The Supreme Court on Wednesday rejected an attempt by Children's Health Defense, the anti-vaccine group founded by Robert F. Kennedy Jr., to protect doctors being investigated in Washington state for allegedly spreading misinformation about the Covid-19 virus. The emergency application was denied by Justice Elena Kagan on behalf of the court. Circuit Court of Appeals, declined to impose injunctions blocking investigations led by the Washington Medical Commission. The Supreme Court did not ask the state to file a response to the application, suggesting that it was deemed lacking in legal merit. Two doctors subject to investigations, Richard Eggleston and Thomas Siler, had joined Kennedy's group in asking the court to weigh in.

Persons: Robert F, Kennedy Jr, Elena Kagan, ” Rick Jaffe, Kennedy, Donald Trump, Richard Eggleston, Thomas Siler, Eggleston, Siler Organizations: Children's Health Defense, Department of Health, Human Services, Circuit, Washington Medical Commission Locations: Washington, San Francisco

Of course, these basic rules of political decorum are ones Donald Trump has rarely followed. He’s been accumulating political capital, and his victory only gives him an opening to accumulate more ... if he chooses to. On some level, I accept the notion that one person’s revenge is another person’s “reform,” so I’m sure Trump could argue he’s appointing reformists. What will ultimately matter is whether these folks can govern like reformers or end up simply as conduits for Trump’s revenge. Here’s the political problem Trump is creating for himself: He’s taking full ownership of the entire bureaucracy now.

Persons: Donald Trump, He’s, Trump, acquiesce, Matt Gaetz, Pete Hegseth, Robert F, Kennedy Jr, Tulsi Gabbard, let’s, Nancy Mace's, Hegseth, “, wasn’t, Harris, Joe Biden, Biden, I’ve, didn’t, Barack, Biden’s Organizations: —, Justice Department, Fox, Defense Department, Department of Health, Human Services, GOP, Pentagon, “ DEI, Biden, Democratic, Trump Locations: Russia, Oklahoma, Afghanistan, overreach

☆ The DOGE commission explains how it will reduce head count at federal agencies with a plan to get rid of remote work and offer workers early retirement
▼ + stars: | 2024-11-20 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

AdvertisementElon Musk and Vivek Ramaswamy offered more details on their DOGE government efficiency commission. They said their plans to cut government spending will lead to layoffs across federal agencies. The leaders of President-elect Donald Trump's government efficiency commission have more details on how they will reduce head count across government agencies. With the federal government being the largest employer in the US, with a workforce of over 2 million Americans, the DOGE commission could have a wide-ranging impact. Are you a federal worker with thoughts on DOGE?

Persons: Elon Musk, Vivek Ramaswamy, Donald Trump's, Ramaswamy, Trump, Musk Organizations: Tesla, GOP, Street, of Government, Management, Trump, Treasury Department, Department of Health, Human Services, Social Security Administration, Department of Defense, Congress, Social Security, Medicare

☆ Harrington: Conagra is down 9% since RFK Jr.'s Health and Human Services nomination
▼ + stars: | 2024-11-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHarrington: Conagra is down 9% since RFK Jr.'s Health and Human Services nominationJenny Harrington, CEO of Gilman Hill Asset Management, expresses caution about Nvidia's overvaluation. She sees opportunities in Conagra, which offers a 5.3% dividend and trades at a low valuation. She also highlights Easterly Government Properties, confident that its portfolio of essential government buildings remains secure despite potential government efficiency cuts.

Persons: Harrington, Conagra, Jenny Harrington Organizations: RFK Jr, Human Services, Asset Management Locations: Conagra

Plus, not all of his Fox News picks are for Cabinet roles. A TV doc to oversee health insurance for 160 million-plus AmericansDr. Mehmet Oz outside of a polling location during the primary election in Rockledge, Pennsylvania, on May 17. In between failed bids for the Republican presidential nomination in 2008 and 2016, Huckabee hosted a show on Fox News. Homan was actually the first of Trump’s picks to be announced from the Fox News orbit. An anti-mainstream conspiracy theorist and author to oversee health policyRobert F. Kennedy Jr. in New York in May.

Persons: Joe Biden, Donald Trump, Trump’s, Trump, Dan Bongino, Read, Hegseth, John Lamparski, Pete Hegseth, Tulsi Gabbard, Mehmet Oz, Hannah Beier, Oprah, Mike Huckabee, Chip Somodevilla, Sarah Huckabee Sanders, Huckabee, he’s, there’s, Sean Duffy, Mary F, Reuters Long, MTV’s, ”, Duffy, Rachel Campos, she’s, “, Justin Sullivan, Robert F, Kennedy Jr, Elon, Gabbard, Hillary Clinton, ’ Tom Homan, Kamil Krzaczynski, Tom Homan, ” Homan won’t, Homan, Brian Stelter, Anthony Scaramucci, Richard Grenell, Heather Nauert, Morgan Ortagus, Bill Shine, Lev Radin, Kennedy, There’s, Dr, Anthony Fauci, Bill Gates, Peter Bergen, Linda McMahon, Jeenah, McMahon, Vince McMahon Organizations: CNN, ”, Black Americans, Fox News, Service, Fox News Channel Studios, Army National Guard, Joint Chiefs of Staff, Army, Medicare, Services, Holy Land Former Arkansas Gov, Republican, Trinity Broadcasting Network, Calvert, Reuters, Boston, Trump, “ Fox, Friends, Hegseth, Fox Business, Fox, Democratic Party, Democratic, Elon Musk’s, Convention, Getty, Customs, Human Services, New York Times, Republican National Convention, Trump’s, Business Administration, WWE Locations: America, Washington, New York, New York City, Iraq, Rockledge , Pennsylvania, Pennsylvania, Drexel Hill , Pennsylvania, Arkansas, Jerusalem, Israel, Rayburn, Washington , DC, Wisconsin, Russia, Las Vegas, Syria, Milwaukee, AFP

President-elect Donald Trump on Tuesday said that he will nominate Mehmet Oz, a former Pennsylvania Senate candidate and TV doctor, to lead the Centers for Medicare and Medicaid Services. Oz, a cardiothoracic surgeon, faced criticism in 2020, for promoting the anti-malaria drug hydroxychloroquine to treat Covid-19. Oz’s TV show aired from 2009 until 2022, when he made an unsuccessful bid for Senate. Trump made an appearance on Oz’s television program, “The Dr. Oz Show,” during his 2016 presidential campaign to reveal the results of his physical examination. Trump’s announcement comes as the agency for the first time negotiates drug prices on the costliest prescription drugs under Medicare.

Persons: Donald Trump, Mehmet Oz, Trump, Robert F, Kennedy Jr, Oz, John Fetterman Organizations: Pennsylvania Senate, Medicare, Services, of Health, Human Services, Democrats, Children’s Health Insurance, Medicaid, CMS Locations: Pennsylvania

☆ Trump taps Dr. Mehmet Oz to lead Centers for Medicare and Medicaid Services
▼ + stars: | 2024-11-19 | by ( Alice Tecotzky | Kelsey Vlamis | ) www.businessinsider.com time to read: +1 min

AdvertisementPresident-elect Trump has tapped Dr. Mehmet Oz, tv celebrity and surgeon, to run the agency. Trump said Oz will "cut waste and fraud" in the agency that oversees Medicare and Medicaid. Oz ran for Senate in 2022 and does not have experience leading a large government bureaucracy. President-elect Donald Trump has named Mehmet Oz, a television personality and surgeon, to run the Centers for Medicare and Medicaid. The CMS oversees Medicare and Medicaid, among other services.

Persons: Trump, Mehmet Oz, Oz, Donald Trump, Robert F, Kennedy Jr Organizations: Medicare, Agency, Healthcare, Department of Health, Human Services, Pennsylvania Senate Locations: Pennsylvania

☆ RFK Jr. is Trump's pick to lead HHS — here's what he could do with that power
▼ + stars: | 2024-11-19 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +13 min

Kennedy will likely have some influence over who the president-elect chooses for those roles, health policy experts said. Ultimately, Kennedy's influence over immunization policy could lead to an increase in diseases preventable by vaccines, several health policy experts told CNBC. Investors are already bracing for a crackdown on food policy, with shares of processed food companies, such as Pepsi and Coca-Cola , falling on Friday. Seigerman said "there is little precedent in recent history for HHS policy dictating or affecting FDA regulation or approval of drugs." In 2023, pharmaceutical companies spent nearly $3 billion on advertising for the 10 most promoted drugs.

Persons: Robert F, Kennedy Jr, Thomas Machowicz, Donald Trump, Kennedy, Trump, trifecta, Spokespeople, Brandon Guerrero, Christina House, Gostin, Josh Michaud, Lawrence Gostin, Michaud, he's, Genevieve Kanter, Kanter, Covid, Richard Frank, Frank, Evan Seigerman, Seigerman, Dave Latshaw, Latshaw, Drugmakers, Joe Biden's, Amy Campbell Organizations: Reuters, Department of Health, Human Services, Republican, HHS, Affordable, Food and Drug Administration, Centers for Disease Control, National Institutes of Health, Centers, Medicare, Services, CNBC, CVS, Los Angeles Times, Getty, Health Defense, NBC News, FDA, NPR, Georgetown University, CDC, Vaccines, Children, Kennedy, NIH, University of Southern, Brookings Schaeffer Initiative, Health, pharma, RFK, BMO Capital, Pepsi, Trump, University of Illinois Chicago School of Law Locations: Phoenix , Arizona, U.S, Compton, Huntington Park, Kennedy ., University of Southern California

☆ 'Mag 7' leads reversal — plus, we're adding a new stock to our Bullpen watchlist
▼ + stars: | 2024-11-19 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Next, we are going outside our current holdings and adding drugmaker Bristol Myers Squibb to the Bullpen, our watchlist of stocks that could join the portfolio. New Jersey-based Bristol Myers is in the midst of a transition phase under the leadership of new CEO Chris Boerner. Companies reporting earnings before the open Wednesday include Club stock TJX Companies , along with Target , Williams-Sonoma , and ZIM Integrated . 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, Robert F, Kennedy Jr, Kennedy, Donald Trump, Wall, Eli Lilly, Bristol Myers, Chris Boerner, Boerner, Karuna, we'll, Stanley Black, Decker, Jim Cramer's, Jim Organizations: CNBC, ., Club, Nvidia, Dow Jones, of Health, Human Services, Senate, Bristol Myers Squibb, Bristol, pharma, Karuna Therapeutics, FDA, JPMorgan, Keysight Technologies, TJX Companies, Target, Williams, ZIM, Jim Cramer's Charitable Locations: New Jersey, U.S, Sonoma

☆ Four trades working this morning amid rising geopolitical tensions
▼ + stars: | 2024-11-19 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Geopolitics are raining on the stock market's parade, but other trades are working. U.S. stock futures fell Tuesday as tensions between Ukraine and Russia intensified. S & P 500 and Nasdaq-100 futures shed 1.1% each. That said, four trades are holding up against this backdrop: Gold futures rallied nearly 1% to around $2,640 per ounce. If geopolitical pressure continues to rise, the four trades above could outperform as 2024 wraps up.

Persons: Vladmir Putin, —, DAX, Treasurys, Vladimir Putin's, Peter Boockvar, Cory Kasimov, Robert F, Kennedy Jr, Kasimov Organizations: Dow Jones Industrial, Nasdaq, Global, France's CAC, Bleakley Financial, ISI, Department of Health, Human Services Locations: Ukraine, Russia, Russian, U.S, Europe

☆ Many women are unsure about Trump’s style and agenda. They voted for him anyway
▼ + stars: | 2024-11-19 | by ( Ronald Brownstein | ) edition.cnn.com time to read: +20 min

But even with Trump’s gains among men, women still had greater leverage to decide the election’s outcome. Both the exit polls and VoteCast showed her winning 57% of white women with at least a four-year college degree. Solid majorities of Black, Latina and college-educated White women described Trump in the exit poll as “too extreme,” as did over two-fifths of the White women without a college degree. But among the White women without a college degree who described Trump as “too extreme,” almost 1 in 5 voted for him anyway. Though many women are expressing unease about mass deportation, Trump’s claim that immigrants are driving crime may provide him considerable leeway to pursue his agenda, particularly among the blue-collar White women who proved most receptive to that argument.

Persons: Donald Trump, Kamala Harris, Joe Biden’s, Harris, ”, Jenifer Fernandez Ancona, Trump, –, Biden, Joe Rogan, NORC, VoteCast, Harris’s, John Kerry, George W, Bush, White, Chip Somodevilla, Court’s Dobbs, Voters “, ‘, ’, pollster Nicole McCleskey, Dobbs, Harris ’, “, pollster Christine Matthews, Jackie Payne, ” Payne, Will Lanzoni, Bill Clinton, Robert F, Kennedy Jr, Mifepristone, Matthews, ambivalently, Tresa Undem, …, Trump’s, Fernandez Ancona, can’t, Hillary Clinton Organizations: CNN, Trump, Edison Research, AP, Gallup, Democratic, Biden, Santander Arena, Nationwide, Wall, White, Latina, Voters, Republican National Convention, Republican, GOP, Congressional, Republicans, White House, Trump ., Human Services Department, Pew Research Center, Pew, ” Locations: Michigan , Pennsylvania, Wisconsin, Reading , Pennsylvania, Michigan, Pennsylvania, Nebraska, Milwaukee , Wisconsin, America

☆ Trump picks Dr. Oz to lead massive Medicare, Medicaid agency CMS
▼ + stars: | 2024-11-19 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

President-elect Donald Trump on Tuesday said he would nominate Dr. Mehmet Oz — celebrity TV host and former U.S. Senate candidate — as Centers for Medicare & Medicaid Services administrator. Oz previously hosted "The Dr. Oz Show," a syndicated daytime television program for more than a dozen years. "America is facing a Healthcare Crisis, and there may be no Physician more qualified and capable than Dr. Oz to Make America Healthy Again," Trump said in a statement Tuesday. Dr. Oz will work closely with Robert F. Kennedy Jr. to take on the illness industrial complex, and all the horrible chronic diseases left in its wake. "He will also cut waste and fraud within our Country's most expensive Government Agency, which is a third of our Nation's Healthcare spend, and a quarter of our entire National Budget."

Persons: Mehmet Oz, Donald Trump, —, Trump, Oz, Robert F, Kennedy Jr, Sen, John Fetterman, Dr, Chiquita Brooks, LaSure Organizations: Republican U.S, U.S, Senate, Medicare, CMS, Children's Health Insurance, Health, Human Services Department, Republican, Healthcare, Agency Locations: Rockledge , Pennsylvania, U.S, Pennsylvania, America

☆ Beware these stocks that rely on government spending if Musk’s DOGE threatens budgets
▼ + stars: | 2024-11-19 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Given this overhang, Morgan Stanley's sales team created a whole basket of stocks that have a large exposure to government spending. gov Relatively high revenue from government, as estimated by Morgan Stanley Notably, the list mostly excludes defense contractors, as Morgan Stanley expects them to be more insulated from budget cuts. Stocks in the basket include these 10: Moderna and Pfizer are two companies that made the basket. While the average analyst polled by LSEG has a hold rating, the average price target implies the stock will nearly double over the next year. MRNA PFE YTD mountain Moderna and Pfizer, year to date Research and consulting firm Gartner was also included in the Morgan Stanley basket.

Persons: Donald Trump's, Trump, Elon, Vivek Ramaswamy, it's, Morgan, Morgan Stanley, Trump's, Robert F, Kennedy Jr, LSEG, Gartner Organizations: Tesla, Roivant Sciences, Department of Government Efficiency, Intuit, Washington Post, Internal Revenue, gov, Moderna, Pfizer, Human Services, Research, Gartner Locations: Stamford , Connecticut

☆ Howard Lutnick: Trump expected to nominate Cantor Fitzgerald CEO as Commerce secretary
▼ + stars: | 2024-11-19 | by ( Kristen Holmes | Elisabeth Buchwald | ) edition.cnn.com time to read: +2 min

CNN —President-elect Donald Trump is expected to nominate Cantor Fitzgerald CEO Howard Lutnick as secretary of Commerce, a source familiar with the process told CNN. Lutnick had been in a battle with hedge fund manager Scott Bessent over the role of Treasury secretary after throwing his own name into the mix. Lutnick, the CEO of Cantor Fitzgerald, a financial services firm, was tapped by Trump to serve as co-chair of his presidential transition team in August. As a candidate, Trump pledged to impose 60% tariffs on goods from China, as well as 10% tariffs on goods from other countries. Trump announced Kennedy as his pick to serve as Health and Human Service secretary last week.

Persons: Donald Trump, Cantor Fitzgerald, Howard Lutnick, Lutnick, Scott Bessent, he’s, Trump, “, ”, CNN’s Kaitlan Collins, Robert F, Kennedy Jr, Kennedy Organizations: CNN, Commerce, Trump, Human Service, World Trade, Museum Locations: Trump’s, America, China

☆ Trump escalates test of strength over Gaetz pick
▼ + stars: | 2024-11-19 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

Video Ad Feedback Lawyer describes client's testimony in House Ethics Committee investigation of Gaetz 03:04 - Source: CNNThe Ethics Committee report has quickly become the first big crisis of the nascent second Trump administration. A small handful of Republican senators would be needed to defect in order to block Gaetz’s nomination when the party controls the Senate majority next year. GOP senators could pay a price for a prolonged confirmation fightIf Trump sticks with his pick, Republican senators feeling the MAGA movement’s pressure could be forced to defend Gaetz for weeks. Maine Sen. Susan Collins told CNN’s Raju that it would be “helpful” to see the House Ethics report. “Whether we get the ethics report or not, the facts are going to come out one way or the other,” Cornyn said.

Persons: Donald Trump, Matt Gaetz, Joel Leppard, CNN’s Erin Burnett, Gaetz, Mike Johnson, Trump, Dakota Sen, Kevin Cramer, ” Cramer, CNN’s Manu Raju, MAGA, Cramer, Pete Hegseth, Robert F, Kennedy Jr, Florida Republican –, Capitol Hill, it’s, Washington Trump, Bill Clinton, Zoë Baird, Kimba Wood, Maine Sen, Susan Collins, CNN’s Raju, Texas Sen, John Cornyn, ” Cornyn, “, Johnson, Susan Wild of, won’t, —, ” CNN’s Kristen Holmes, Axios, Kennedy, Hegseth, Tulsi Gabbard, It’s Organizations: CNN, Florida Republican, Justice Department, Trump, Gaetz, Fox News, Human Services Department, GOP, Capitol, FBI, Democrat, —, National Intelligence, Senate, Republican, North Dakota Republican Locations: Dakota, Washington, Texas, Susan Wild of Pennsylvania

☆ How RFK Jr's war on obesity in the age of Ozempic could shake up the booming weight-loss industry
▼ + stars: | 2024-11-19 | by ( Rebecca Torrence | Hilary Brueck | ) www.businessinsider.com time to read: +9 min

Robert F. Kennedy Jr.'s proposed appointment to lead the US Department of Health and Human Services could have big consequences for a booming weight-loss market. AdvertisementHis likely appointment comes at a pivotal moment for the weight-loss industry, as long-lasting shortages of drugs like Ozempic come to an end. When Farmbox launched in 2014 to deliver healthy food boxes and educate consumers about nutrition, "nobody wanted to invest in us," Tyrner-Dolce said. Doug Mills-Pool/Getty ImagesKennedy's crusade against Big Food could run up against Trump's pro-corporation agenda, though. AdvertisementWeight-loss companies could get more attention — at a costKennedy's focus on holistic chronic disease care, including obesity care, could see a renewed funding rush to the space.

Persons: Trump, Robert F, Kennedy Jr, Kennedy, he's, Obama, Ashley Tyrner, Dolce, Farmbox, FarmboxRx, Michelle Obama, SAUL LOEB, Kennedy's, Jeff Nobbs, Nobbs, Doug Mills, Elon Musk, Donald Trump Jr, podcaster Joe Polish, Brooke Boyarsky Pratt, There's, Knownwell Pratt, Pratt, John Stanford Organizations: Human Services, US Department of Health, National Institutes of Health, Food and Drug Administration, Trump, Big Pharma, Senate, Novo Nordisk, Centers, Medicare, Services, Getty, Street, Department of Health, US Department of Agriculture, Shack, Business, Big Food, Trump's, KFC, McDonald's, Fox, FDA, Moderna Locations: Pennsylvania, Washington

☆ These food stocks could benefit if RFK Jr. promotes healthier eating, removal of artificial ingredients
▼ + stars: | 2024-11-19 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Packaged food from companies including PepsiCo and Lamb Weston use artificial ingredients. KR ACI YTD mountain Bank of America lists both Kroger and Albertsons as potential beneficiaries under if RFK Jr. is confirmed to lead HHS. The analyst also pointed toward Sprouts Farmers Market as another potential beneficiary, but noted some skepticism over the stock's pricey valuation. Shares of Kroger have advanced more than 26% in 2024, while Albertsons stock has pulled back about 17%. Kroger agreed to purchase Albertsons in late 2022 for nearly $25 billion, but the combination has been heavily scrutinized by regulators .

Persons: Robert F, Kennedy Jr, Edward Kelly, Kennedy, Donald Trump's, Lamb Weston, Bryan Spillane, McCormick, Spillane, Wells, Kelly, Kroger Organizations: of Health, Human Services, RFK, HHS, Food and Drug Administration, PepsiCo, Bank of America, Kroger, Albertsons, KR ACI Locations: McCormick, Wells Fargo

☆ Evercore ISI upgrades BioNTech, says 'chaos' of RFK Jr.'s nomination presents buying opportunity
▼ + stars: | 2024-11-19 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

Now may be the time for investors to buy shares of BioNTech , according to Evercore ISI. On Monday, his cousin, Caroline Kennedy called his views on vaccines "dangerous" and said they're rejected by his family. This "chaos," however, presents a buying opportunity for investors, Evercore ISI Cory Kasimov wrote Tuesday. "The u/g call is a combination of opportunism, value (both relative & absolute), and an increasingly compelling fundamental outlook around the company's deep and staggered oncology pipeline." Analysts are mostly bullish on the stock, with 13 of 19 rating it a strong buy or buy rating, per LSEG data.

Persons: Donald Trump, Robert F, Kennedy Jr, Kennedy, Covid, Caroline Kennedy, they're, Cory Kasimov, Kasimov, It's Organizations: ISI, Department of Health, Human Services, Analysts Locations: BioNTech

☆ Stocks making the biggest moves premarket: Walmart, Lowe's, Super Micro Computer, BioNTech and more
▼ + stars: | 2024-11-19 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Walmart – The retail giant gained about 4% after posting fiscal third-quarter results that surpassed Wall Street's estimates. Although the company reported a top- and bottom-line beat in the fiscal third quarter, it estimates sales will fall year over year. Super Micro Computer — The server maker soared around 26% after announcing BDO as its new auditor. Super Micro also provided a plan to the Nasdaq on how it will stay in compliance with exchange's rules. Symbotic — The automation technology company surged 28.5% after beating expectations for revenue in the fourth fiscal quarter.

Persons: Young, Symbotic, AeroVironment, Donald Trump's, Robert F, Kennedy Jr, Blackwell, Sarah Min, Samantha Subin, Hakyung Kim, Sean Conlon, Brian Evans, Michelle Fox Organizations: Walmart, BDO, Ernst, Nasdaq, Revenue, Wall, BioNTech, ISI, Department of Health, Human Services, Nvidia —, Nvidia

“I think Bobby Kennedy’s views on vaccines are dangerous, but I don’t think that most Americans share them,” she said in remarks previously reported by The New York Times. Kennedy told NBC News a day after the election that he would not take away people’s vaccines. Kennedy has also indicated that the Trump administration would ban fluoride in drinking water and eliminate ultra-processed foods. Trump last week announced that he intends to nominate Kennedy for the Cabinet post. “They’ve been catching, you know, making waves, headlines.”“Let’s just calm down and wait to see what happens,” she added.

Persons: Caroline Kennedy, bashed, Robert F, Kennedy Jr, Donald Trump’s, Bobby Kennedy’s, ”, Robert Kennedy, “, ” “, Bobby Kennedy, Kennedy, Trump, Tulsi Gabbard’s, elect's, Trump’s, “ They’ve Organizations: National Press Club of Australia, Department of Health, Human Services, The New York Times, NBC, Trump, of Health, Centers for Disease Control, Food and Drug Administration, National Institutes of Health, Centers, Medicare, Services, NBC News, FDA Locations: U.S, Australia, America

Kennedy holds a number of controversial views when it comes to public health, including anti-vaccine activism. Historically, Mande said, Congress has been reluctant to provide money to the agency’s food and nutrition program. “I think that is a striking comparison of how hard it is for consumers to make healthy choices, when the food industry is so powerful,” Politi said. Sen. Bernie Sanders, I-Vt, has called on more thorough reviews on food coming from abroad and recently compared the processed food industry to the tobacco industry. The Dietary Guidelines Advisory Committee is in the process of finalizing its scientific report, which will help inform the guidelines, Nestle said.

Persons: Robert F, Kennedy Jr, Donald Trump, Kennedy, he’s, Mande, ”, Elisabetta Politi, “, ” Politi, I’m, Marion Nestle, it’s, Michelle Obama, Bernie Sanders, Robert Califf, Califf, might’ve, they’ll, “, Red, Nestle, Politi, “ They’ve, ” Nestle, Kennedy “ Organizations: Health, Human Services, and Drug Administration, FDA, Department of Agriculture, Harvard University, Duke Diet, Fitness Center, New York University, RFK, Trump, Department of Health, HHS, USDA Locations: Durham , North Carolina, California, Europe, U.S

☆ Dental supply stock surges on RFK's anti-fluoride stance, activist involvement
▼ + stars: | 2024-11-18 | by ( Alex Harring | ) www.nbcnews.com time to read: +3 min

Monday’s moves come as investors ready for public health changes under a second Trump administration. But the mineral has found itself at the center of a nationwide fight that’s led some local communities to end programs centered on its insertion into public water. Gordon Haskett’s Bilson also pointed out that dental stocks were some of the few “spared” health-focused equities as investors responded to the announcement of Kennedy’s nomination last week. And advertising.”While the market appears to be moving on Kennedy’s nomination, Bilson said that regulatory changes would likely take years to come into effect. He also noted that drinking water should fall more under the Environmental Protection Agency than Health and Human Services.

Persons: Henry Schein, Robert F, Kennedy Jr, Donald Trump’s, Envista, Trump, Kennedy, that’s, Gordon Haskett, ” Don Bilson, Gordon Haskett’s, ”, Gordon Haskett’s Bilson, ” Bilson, “ Drugmakers, Bilson Organizations: Health, Human Services, Trump, RFK, HHS, Pharmaceutical, Environmental Protection Agency Locations: U.S

☆ CNBC Daily Open: It’s not unexpected markets are back to preelection levels
▼ + stars: | 2024-11-18 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Source: NYSEThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Last Monday, the S&P closed above 6,000 and the Dow finished the day above 44,000 for the first time. When markets closed on Friday, the S&P lost 2.1% and the Dow had fallen 1.2% for the week — both ending the week below their milestones. Those were the worries weighing on markets last week, which brought the S&P back to its level in mid-October, noted CNBC's Michael Santoli.

Persons: Dow, Trump, Robert F, Kennedy Jr, Trump's, Michael Santoli, Kristy Akullian, Akullian, —, Brian Evans, Alex Harring Organizations: HK, New York Stock Exchange, CNBC, Dow, Trump, Nasdaq, U.S . Department of Health, Human Services, BlackRock Locations: satiation, surfeit, Americas, BlackRock

☆ CNBC Daily Open: From postelection rally to preelection levels
▼ + stars: | 2024-11-18 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Spencer Platt | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Last Monday, the S&P closed above 6,000 and the Dow finished the day above 44,000 for the first time. The so-called "Trump trade" — shares of banks, small-cap companies and energy, for example — were behind much of the indexes' gains. It was only the start of the week, but little did we know we were beginning at the peak.

Persons: SPX, Spencer Platt, Dow, Trump, Robert F, Kennedy Jr, Trump's, Kristy Akullian, Akullian, —, Jeff Cox, Brian Evans, Alex Harring Organizations: New York Stock Exchange, Getty, CNBC, Dow, Trump, Nasdaq, U.S . Department of Health, Human Services, BlackRock Locations: New York City, satiation, surfeit, Americas, BlackRock

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