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☆ Wall Street awaits Nvidia's earning report for clues about the chip giant's future
▼ + stars: | 2024-11-20 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, all eyes are on Nvidia's earnings report after the bell and what it says about the chip giant's future. As the world's top provider of AI chips, demand for Blackwell is a bellwether for the industry's appetite for continued investment in AI. Reports of Blackwell chips overheating spooked the market earlier this week. AdvertisementIt's another cost companies investing in AI chips need to consider in addition to the energy required to fuel them, which has been a headache for tech giants . Barclays trimmed earning estimates next year by as much as 10% for some of the biggest buyers of AI chips, like Meta, Amazon, and Alphabet.

Persons: Jocko, we've, Getty, Tyler Le, It's, Matthew Fox, Blackwell, Jensen Huang, —, BI's Emma Cosgrove, There's, hasn't, Howard Lutnick ANGELA WEISS, Howard Lutnick, Cantor Fitzgerald, Julian Robertson, Tiger hasn't, Goldman, Vivek Bantwal, Goldman Sachs, Rebecca Zisser, Rob Kim, Arturo Holmes, Chelsea Jia Feng, Trump's, Elon, colluding, Gary Wang, Sam Bankman, Gina Raimondo, Antony Blinken, Bill Hwang, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Retired Navy, Nvidia, Blackwell, Barclays, Getty, Trump, New, Tiger Management, Partners, Companies, Alexa, Uber, Ticketmaster, Apple, Google, DOJ, International Network of AI, Archegos Capital Management Locations: New York, Silicon, San Francisco, Chicago, London

☆ CNBC's Official NHL Team Valuations 2024: Here's how the 32 franchises stack up
▼ + stars: | 2024-11-20 | by ( Michael Ozanian | ) www.cnbc.com time to read: +1 min

The National Hockey League is commanding more respect when it comes to team values. The average NHL team is worth $1.92 billion, according to CNBC's Official 2024 NHL Valuations, and recent transactions come at revenue multiples that rival deals done in Major League Baseball. For the 2023-24 season, the NHL's hockey-related revenue was $6.3 billion, 8.6% higher than the previous season, according to the league. The NHL also hit record national sponsorship revenue last season, bringing in $250 million, as well as record regular-season gate receipt revenue of $2.4 billion, the NHL said. The average NHL team posted EBITDA of $45 million on revenue of $223 million for the 2023-24 season, according to CNBC calculations.

Organizations: National Hockey League, NHL, Major League Baseball, CNBC

☆ How Trump's rich Cabinet members could save millions thanks to a little-known tax break
▼ + stars: | 2024-11-19 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +5 min

AdvertisementTwo of the reported candidates for Treasury Secretary made their fortunes on Wall Street, including billionaire Apollo CEO Marc Rowan. Eligible federal appointees can defer capital gains taxes indefinitely when they sell stock or other assets in order to avoid a conflict of interest. As a top earner in New York, they would normally have to pay more than $3 million in capital gains taxes. The sum that would have been spent on capital gains taxes is now free to compound and grow. The IRS allows investors to defer capital gains taxes in other scenarios that are deemed outside their control.

Persons: Donald Trump's, Trump, Howard Lutnick, Cantor Fitzgerald, Major Trump, Chris Wright, Marc Rowan, Bush, Goldman Sachs, Henry Paulson, George H.W, Bob Willens, You've, Scott Bessent, frontrunners, eyeing Rowan, Kevin Warsh, Morgan Stanley, Warsh, Jane Lauder, Rowan, Ed Renn of Withersworldwide, Penny Pritzker, Mark Parthemer, Willens, Renn Organizations: Commerce, of Energy, Treasury, Executives, Columbia Business School, Federal Reserve, Government, IRS Locations: George H.W . Bush, New York

A defamation case against Kari Lake brought by Maricopa County Recorder Stephen Richer has been settled, representatives for both parties confirmed Sunday to NBC News. Richer, a Republican, filed a claim in June 2023 saying that Lake falsely accused him of "intentionally sabotaging the election" after she lost the 2022 Arizona governor's race. Richer sought nominal, compensatory and punitive damages in unspecified amounts. "We are pleased" the case has been settled, Lake’s lawyer Dennis Wilenchik said, noting that the settlement's terms "are confidential." After the election, Lake falsely accused Richer of having "sabotaged" Election Day.

Persons: Kari Lake, Stephen Richer, Richer, ’, Dennis Wilenchik, Trump, Katie Hobbs, Lake, Hobbs, Ruben Gallego, Justin Heap, Tim Stringham Organizations: NBC, Republican, The Washington Post, Democratic Rep, Associated Press Locations: Maricopa County, Arizona

☆ CNBC's Inside India newsletter: India's growing wealth divide
▼ + stars: | 2024-11-15 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +9 min

The rise in India's income and wealth inequality is not a result of the poor getting poorer, Sumedha Dasgupta, senior analyst at the Economist Intelligence Unit (EIU) flags. India's income gap (which is the difference in wages earned between different demographic) comes alongside a worsening wealth divide too. Instead, the phenomenon comes as the "rich are getting much richer at a faster rate," she told CNBC's Inside India. India's 3 household groupsA more pressing issue brought on by India's wealth and income divide is the emergence of different categories of households with distinct standards of living. Unequal education opportunitiesThe EIU's Dasgupta attributes India's vicious wealth and income gap cycle in large part to mismatched education opportunities.

Persons: Knight Frank, Dasgupta, CNBC's, Shumita Deveshwar, Deveshwar Organizations: Economist Intelligence Unit, Blume Ventures, Oxfam, Private, Department of School Education, Global Commons Alliance, TS Lombard Locations: India, United States, Brazil, South Africa, Venture, Saharan Africa, Indian

☆ Opinion | How to Be a Writer in the Second Age of Donald Trump
▼ + stars: | 2024-11-15 | by ( Roger Rosenblatt | ) www.nytimes.com time to read: +2 min

When I awoke last week to the news that Donald Trump had been elected president once again, my first impulse was to write. In my experience, good writing requires four things: precision of language, the freedom to say anything, respect and — perhaps most important — love. The responsibilities of the writer today are no different from those of any writer in any age. But the presence, character and now considerable power of President-elect Trump make the work of fulfilling those responsibilities all the more difficult and urgent. Precision, freedom, respect and love: These qualities are sorely missing in Mr. Trump and his vision for our country.

Persons: Donald Trump, Trump, Richer Locations: Vietnam

CNN —President-elect Donald Trump and Elon Musk have big ambitions for making the federal government leaner and more efficient by reviewing its budget and operations from top to bottom. Details about how the new Department of Government Efficiency, or DOGE, will operate – and how Musk and his co-leader Vivek Ramaswamy will avoid conflicts of interest – remain scarce. Musk also took aim at the Department of Education, a frequent target of Trump and Republicans, criticizing the agency for allegedly indoctrinating kids with left-wing propaganda and other failings. Slashing that much from the federal budget – which totaled roughly $6.8 trillion in fiscal 2024 – would require cutting every program by roughly one-third, said Bobby Kogan, senior director of federal budget policy at the left-leaning Center for American Progress. “Trump’s ‘Department of Government Efficiency’ will not be an actual department.

Persons: Donald Trump, Elon Musk, Vivek Ramaswamy, Trump, ” Musk, Ramaswamy, Musk, ”, “, ” Ramaswamy, Stephen Moore, Elon, Vivek, Moore, Larry Summers, Clinton, Glenn Hubbard, George W, Bush, Bobby Kogan, ” Kogan, Brian Riedl, Riedl, GOP Sen, Rob Portman, Sharon Parrott, Ronald Reagan, Reagan, William Hoagland, Peter G, Peterson, –, Jon Greenbaum, ’ that’s, Harry Sandick Organizations: CNN, Elon, Department of Government, Trump, Republican, White House, SpaceX, Department of Education, of Defense, Veterans Affairs and Homeland Security, Education Department, Labor Department, FBI, Nuclear Regulatory Commission, Heritage Foundation, US, of Economic, American, Security, Social Security, Manhattan Institute, GOP, ‘ Department, Government, White, White House & Congress, Congressional Republicans, Children’s Health Insurance, Affordable, Budget, Republicans, Grace, Center, Elon Musk, Federal Advisory Committee, Democratic Locations: Rob Portman of Ohio

☆ Elon Musk is a showman, not an accountant
▼ + stars: | 2024-11-14 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

The merch will be 🔥🔥🔥”If you need more evidence of how silly this whole thing is, note (as many commentators did online) that the efficiency department is being overseen by two people. On the campaign trail last month, Musk was asked how much he thought he could cut from the nation’s $6.5 trillion budget. Musk would be lucky to find $200 billion in the federal budget, former Treasury Secretary Larry Summers said at the Economic Club of New York on Tuesday. Even Trump joked to House Republicans on Wednesday that he can’t get rid of Musk, a source in the room told CNN. And that means Musk himself, as Tesla’s largest individual shareholder, is $55 billion richer today than he was a week ago.

Persons: Donald Trump, Elon Musk, ”, he’s, Vivek Ramaswamy, ” Trump, Elon, Vivek, Trump, Musk, ments on Organizations: New, New York CNN, bro, “ Department, Government, Ford, United Airlines, Republican Congress Locations: New York, le

☆ I'm a chef with over 15 years of experience. Everyone should know this recipe for twice-baked potatoes.
▼ + stars: | 2024-11-14 | by ( Alissa Fitzgerald | ) www.businessinsider.com time to read: +5 min

As an experienced chef and cooking instructor, I love this take on twice-baked potatoes. Here's my go-to recipe for twice-baked potatoes with mascarpone and chives. Alissa FitzgeraldRusset potatoes mash beautifully and retain a great shape when the insides are scooped out thanks to their thicker skin. Additionally, this recipe uses medium-sized potatoes since cutting these beauties in half isn't as visually appealing as stuffing them whole. Alissa FitzgeraldThe filling for these twice-baked potatoes has two notable tweaks from many classic recipes — there's no added milk, and it calls for mascarpone instead of sour cream.

Persons: —, I've, uncle's, Alissa Fitzgerald, mascarpone, pepe Organizations: mascarpone, Service Locations: Gaziantep, Turkey

☆ How Elon Musk’s worst business decision led him to Trump
▼ + stars: | 2024-11-13 | by ( David Goldman | ) edition.cnn.com time to read: +4 min

New York CNN —Elon Musk, the world’s richest person, will be taking on an official role to try to help President-elect Donald Trump make government more efficient. It will add yet another responsibility to an ever-growing to-do list for the increasingly distracted CEO and business leader. Tesla, Musk’s most valuable company, in recent years has struggled to maintain its dominance of the electric vehicle market. Of course, that’s if Trump and Musk remain on good terms. And no matter how much power and influence Musk could yield, Trump will hold the ultimate trump card: He’ll be president.

Persons: New York CNN — Elon Musk, Donald Trump, Musk, Tesla, Trump, ”, Dan Ives, Ives, “, it’s, ” Ives, He’ll Organizations: New, New York CNN, SpaceX, Boring, EV, Wedbush Securities, Trump White House, Tesla, Trump, Bloomberg, Boeing, Fidelity, Twitter Locations: New York, China

☆ Dwayne 'The Rock' Johnson used to wrestle for $40 a match: Here's the key Hollywood lesson he learned that helped him succeed
▼ + stars: | 2024-11-13 | by ( Nicolas Vega | ) www.cnbc.com time to read: +3 min

Long before he was one of the highest paid movie stars in the world, Dwayne Johnson was wrestling for just $40 a match. "When I got into the business of Hollywood and moviemaking, it's like, 'Okay, well, what kind of movies do I want to make?' Johnson said he was methodical about the way he selected his roles, always following the mantra of "Audience first." "It was also an opportunity for me, I realized, to stretch myself in ways that I hadn't been stretched yet," Johnson says. But don't expect Johnson to leave his $40 lesson behind after his dramatic turn.

Persons: Long, Dwayne Johnson, Johnson, Mark Kerr, there's Organizations: United States Wrestling Association, WWF, WWE, Waffle, USWA, UFC, CNBC Locations: Tennessee —, Hollywood

☆ Elon Musk is close to breaking his $340 billion wealth record as Tesla stock keeps rising
▼ + stars: | 2024-11-12 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Elon Musk is close to setting a new wealth record following a Tesla stock surge since the election. Musk's net worth hit roughly $342 billion in Tuesday's premarket, exceeding his 2021 peak. AdvertisementElon Musk is close to breaking his wealth record following Tesla's postelection rally. The world's richest person gained almost $21 billion on Monday as Tesla stock jumped 9%, boosting his net worth to $335 billion, per the Bloomberg Billionaires Index. AdvertisementTesla stock was up 41% for the year at Monday's close, leaving it some way off its record close of $410 on November 4, 2021.

Persons: Elon Musk, —, Tesla's, Jeff Bezos, Donald Trump's, Mark Malek, Siebert, Trump, Warren Buffett's, Berkshire Hathaway Organizations: SpaceX, Service, Bloomberg, PAC, Associated Press Locations: premarket, Monday's, Berkshire, Musk's

Elon Musk spent $44 billion to buy Twitter, now known as X, and at least $130 million to help get Donald Trump elected president. Since Trump’s victory last week, Musk is about $70 billion richer on paper. For Musk, getting Trump back into the White House became another full-time job. After the election last week, Musk briefly joined Trump’s phone call with Ukrainian President Volodymyr Zelenskyy, NBC News reported. Musk owns 411.06 million Tesla shares, as of the latest filings, and about 304 million performance-based options.

Persons: Elon Musk, Donald Trump, It’s, That’s, Larry Ellison, Ellison, Musk’s, who’s, Trump, Musk, Kamala Harris, Volodymyr Zelenskyy, he’s, Brendan Carr, Florida Republican Sen, Rick Scott, ” Musk, “ He’s, ”, Gene Munster, Tesla, Munster, ” Munster, Judge Kathaleen McCormick, McCormick, Ellison aren’t, Brian Armstrong, Cryptocurrencies Organizations: Twitter, Tesla, Forbes, Oracle, White, America PAC, Trump, NBC News, The New York Times, ABC, Trump’s, Federal Communications Commission, Florida Republican, SpaceX, Co, CNBC, Elon, Shareholders Locations: Pennsylvania, Lago, Florida, Delaware

☆ A woman put a lottery ticket in her purse and forgot about it. She ended up winning $1 million
▼ + stars: | 2024-11-10 | by ( Dawn Sawyer | ) edition.cnn.com time to read: +1 min

CNN —An Illinois woman is $1 million richer after winning on a lottery ticket she forgot about. During a grocery trip to the Jewel-Osco supermarket in Elmhurst in October, she made the last-minute decision to pick up a lottery ticket for the Lucky Day Lotto, a daily draw game in Illinois. Her ticketing purchase was not only unplanned, but also eventually forgotten about, she said in an Illinois Lottery press release, requesting to remain anonymous. “I actually put the ticket in my purse and forgot all about it.”On October 20, the game announcers revealed the five winning numbers: 2-3-24-25-28. The lucky winner is the ninth Illinois Lottery player this year to win $1 million or more with Lucky Day Lotto.

Persons: ”, “ Organizations: CNN, Lucky, Illinois Lottery, Lotto, Lottery USA Locations: An Illinois, Elmhurst, Illinois, Ireland

☆ The history of Jeff Bezos and Donald Trump's relationship
▼ + stars: | 2024-11-09 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +5 min

Jeff Bezos congratulated Donald Trump on winning the presidential election. Here's a history of Bezos and Trump's relationship. Following Trump's election that year, Bezos was one of several tech leaders who met with the president-elect in a summit Bezos later described as "very productive." Trump and AmazonWhile campaigning for the 2016 presidential election, Trump said Amazon would have "such problems" if he became president . In 2019, Trump bashed Bezos and the Post as he appeared to talk about Bezos' divorce from MacKenzie Scott.

Persons: Jeff Bezos, Donald Trump, They've, Here's, —, Bezos, Hillary Clinton, Trump, The Washington Post Trump, MacKenzie Scott, Jeff Bozo, Kamala Harris Organizations: Service, Trump, Amazon, United States Post Office, Post, Department, Microsoft, Amazon Web, DoD, AWS, Cloud Service, The Washington Post, Washington Post, Amazon Washington Locations: America, U.S

☆ Her wife died and she went on a cruise. Then she met a fellow passenger who changed her life forever
▼ + stars: | 2024-11-08 | by ( Francesca Street | ) edition.cnn.com time to read: +27 min

“But Bobbi didn’t.”At the end of the 10-day cruise, Tam disembarked thinking how Bobbi was very different from their ex-husband. Tam & Bobbi WatermanAlmost 1,000 miles apart, Tam and Bobbi stayed in touch via instant messages and social media updates. Tam & Bobbi WatermanAs Bobbi started living authentically in 2023, she and Tam also started preparing for the trip of a lifetime. So when they learned about Royal Caribbean’s Ultimate World Cruise, a nine-month long world cruise setting sail in December 2023, the couple jumped at the chance. “That was the hardest thing on the world cruise, because my passport was my old name and my old gender.

Persons: Bobbi Waterman, Bobbi, Bobbi didn’t, didn’t, Tam Asbury, Tam, ” Bobbi, —, ” Tam, “ I’d, ”, they’d, “, I’d, Tam couldn’t, Bobbi hadn’t, ’ ”, “ Bobbi, Tam didn’t, We’ve, They’ve, who’d, “ Tam, ’ Tam, ‘, she’d, Tam’s, Bobbi’s, ” Tam’s, Tam Waterman, Bobby, ‘ You’re, ’ I’d, Bobbi Waterman Bobbi, NASA —, ’ ” Bobbi, She’d, “ I’ve, stepgranddaughters, she’s, You’ve, Bobbi Waterman “, you’ve, nothing’s, Tam marveled, ” They’re, there’s, ” “ Organizations: CNN, CNN Travel, NASA, ”, Skype, Amsterdam’s, Royal, Melbourne Airport, New Zealand, eBay, YouTube, Mount Fuji Locations: Fiji, American, Florida, Australia, Pacific, Melbourne, “, Amsterdam, Netherlands, Budapest, Hungary, Paris, Europe, London, Northern, Bobbi, Sydney, Perth, New, Connecticut, Alaska, Bobbi’s, Boulder , Colorado, Hawaii, America, Tam of Florida, Bobbi’s Florida, Mexico, Tam, Japan, Antarctica, Brisbane, Hong Kong, Vietnam, Grenada, Spain, Portugal

☆ Jeff Bezos' net worth hits all-time high fueled by Amazon shares getting Trump bump
▼ + stars: | 2024-11-07 | by ( Sarah Jackson | Madeline Berg | ) www.businessinsider.com time to read: +3 min

The Amazon founder's net worth soared to an all-time high of $228 billion on Wednesday, per Bloomberg's Billionaires Index. Amazon's stock reached its own record high on Wednesday, fueling Bezos' wealth jump. His net worth hit a record high of $228 billion on Wednesday, according to the Bloomberg Billionaires Index. The rally helped the Nasdaq 100, the index on which Amazon is listed, reach a record high. The Tesla CEO's net worth climbed $26.5 billion on Wednesday to reach $290 billion, per Bloomberg.

Persons: Jeff Bezos, —, Donald Trump, Bezos, Elon Musk, Bezos —, Trump Organizations: Service, Bloomberg, Nasdaq, Trump, Tesla, Washington Post, SpaceX, NASA

☆ 2 crypto tycoons are almost $15 billion richer after Trump's election victory
▼ + stars: | 2024-11-07 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Two crypto moguls' joint wealth rose by about $15 billion on the back of Trump's election victory. Binance's Chaopeng Zhao and Coinbase CEO Brian Armstrong added about $12 billion and $2.6 billion each. AdvertisementTwo cryptocurrency tycoons saw a near-$15 billion boost to their combined wealth on Wednesday as Donald Trump won the presidential election. One result was the world's 12 richest people grew more than $70 billion richer in a single day, per Bloomberg's wealth rankings. Exclude him and his 11 peers have grown a combined $505 billion richer this year — a figure that exceeds the market value of Oracle ($502 billion).

Persons: Binance's Chaopeng Zhao, Brian Armstrong, —, Donald Trump, Changpeng Zhao, Zhao, Elon, Binance, Elon Musk, Anthony Harvey, Kamala Harris, Musk, Larry Ellison, Berkshire Hathaway's Warren Buffett, Jeff Bezos, Bernard Arnault Organizations: Service, Bloomberg, Trump, Ethereum, Republican, Democratic, Oracle Locations: Solana, Berkshire

☆ The world’s 10 richest people got a record $64 billion richer from Trump’s reelection
▼ + stars: | 2024-11-07 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

The wealth of the world’s 10 richest people also soared by a record amount, according to Bloomberg’s Billionaire Index. The biggest gainer was Elon Musk, the world’s richest person and one of Trump’s most outspoken and dedicated supporters, whose wealth jumped $26.5 billion to $290 billion Wednesday, according to Bloomberg. Truth Social owner Trump Media & Technology Group, Trump’s social media company, also cashed in with shares skyrocketing in value after CNN and other media outlets projected Trump won. Trump is the dominant shareholder in the conservative social media company, which has scant revenue and is losing money. The president-elect’s 114.75 million shares were worth about $5.3 billion briefly based on those early gains, up from $3.9 billion when trading ended on Election Day.

Persons: Donald Trump, Elon Musk, Jeff Bezos, Kamala Harris, Larry Ellison, Trump, Bill Gates, Steve Ballmer, Larry Page, Sergey Brin, Warren Buffett, ”, Michael Block Organizations: New, New York CNN, Wednesday, Bloomberg, Amazon, Oracle, Microsoft, Berkshire Hathaway, Democratic, Social, Trump Media & Technology Group, CNN, Trump Locations: New York, Washington

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

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

☆ NFL midseason predictions for every team: Kirk Cousins wins comeback award; NFC East champ is …?
▼ + stars: | 2024-11-07 | by ( The Athletic Nfl Staff | ) www.nytimes.com time to read: +28 min

Our NFL writers addressed these topics and more in making one prediction for every team heading into the season’s second half. The fourth-year back is on pace to finish with 1,256 yards, which would be the fourth-highest total in team history. Every other NFL team has put a player in at least one of those categories during that stretch — and most teams have checked both boxes. Minnesota has one of the most productive defenses in the NFL and an offense loaded at the skill positions. And the Eagles have managed to win games despite bad luck and bad decisions.

Persons: — Doug Haller Kirk Cousins, Cousins, Joe Burrow, Burrow, Cousins ’, — Josh Kendall, Kirk Cousins, Lamar Jackson, Jackson, he’s, Jared Goff, Jayden Daniels, Josh Allen, Saquon Barkley, Derrick Henry, Jeff Zrebiec Khalil Shakir, Shakir, — Joe Buscaglia, Chuba Hubbard, Panthers haven’t, Christian McCaffrey, Hubbard, Jonathon Brooks, Dave Canales, — Joseph Person, Caleb Williams, Quinn Harris, Goff, — Adam Jahns, There’s, — Paul Dehner Jr, Watson, Dee Haslam, — Zac Jackson, — Zac Jackson Dallas Cowboys Brandon Aubrey, Aubrey, Bryan Anger, Cooper Rush, Aubrey doesn’t, — Saad Yousuf, Courtland, Sutton, Phillip Lindsay squeaked, wasn’t, Bo Nix, Nick Kosmider, Ben Johnson’s, Aidan Hutchinson, Brian Branch, Kerby Joseph, Za’Darius Smith, — Colton, Xavier McKinney, McKinney, hasn’t, Kyler Murray, Stroud, Ryan Downard, Downard, McKinney texted Downard, Green, ” Downard, — Matt Schneidman, — Mike Jones, — Mike Jones Indianapolis Colts Anthony Richardson, Shane Steichen, Richardson, Joe Flacco, — James Boyd, Doug Pederson doesn’t, it’ll, Trevor Lawrence’s, — Jeff Howe, Hopkins, David Eulitt, Kansas City Chiefs DeAndre Hopkins, Xavier Worthy, Travis Kelce, Patrick Mahomes, Nate Taylor, Antonio Pierce, Mark Davis, Pierce, “, ” Davis, He’s, It’s, Vic Tafur, Tashan Reed, Tashan Reed Los Angeles Chargers Justin Herbert, Herbert, — Daniel Popper, Jonah Jackson, Steve Avila, Puka, Matthew Stafford, Kyren Williams, — Jourdan, Tua Tagovailoa, they’re, Jim Ayello, Kevin O’Connell, Brian Flores, — Alec Lewis Drake Maye, Drake Maye, Williams, New England’s, Chad Graff, Sean Payton, Mike Ditka, Dennis Allen, Darren Rizzi, Hurricane Katrina, Payton, Drew Brees, — Larry Holder, Daniel Jones, Jones, Brian Daboll, — Charlotte Carroll Davante Adams, Joe Sargent, wouldn’t, Woody Johnson, Aaron Rodgers, Davante Adams, Jeff Ulbrich, Zack Rosenblatt, Nick Sirianni, — Brooks, Watt, Pro Bowler, Minkah Fitzpatrick, Arthur Smith, Russell Wilson, Mike Tomlin, — Mike DeFabo, — Matt Barrows, DK Metcalf, Julian Love, Devon Witherspoon, Geno Smith, Metcalf, Smith, Love, Witherspoon, Riq, Leonard Williams, Boye Mafe, Ken Walker III, that’s, Michael, Shawn Dugar, Shawn Dugar Tampa Bay Buccaneers Mike Evans, Evans, Chris Godwin, Jerry Rice’s, — Dan Pompei, — Dan Pompei Tennessee Titans Will Levis, Levis ’, — Joe Rexrode Washington, Mike Sainristil, PFF, Sainristil, Emmanuel Forbes Jr, Michael Davis, Malik Nabers, Noah Igbinoghene, Marshon Lattimore, Benjamin St, Juste, — Ben Standig, Dan Goldfarb, Khalil Shakir, Perry Knotts, Cooper Neill, Ric Tapia Organizations: NFL, NFC, Cardinals, West, Bengals, Falcons, Panthers, Bears, Lions, Soldier, — Adam Jahns Cincinnati Bengals Bengals, Chargers, Broncos, Titans, Browns, Cowboys, AFC, Colts, Cincinnati, Denver, Steelers, Cleveland Browns Browns, — Zac Jackson Dallas Cowboys, T, Saints, Nick Kosmider Detroit Lions, Detroit, Chiefs, Giants, Pro, Packers, Texans, C.J, Jaguars, — Matt Schneidman Houston Texans Houston, AFC South, Dallas, Kansas City, Tennessee ., Houston, — Mike Jones Indianapolis Colts, Flacco, — James Boyd Jacksonville Jaguars Jacksonville, — Jeff Howe Chiefs, Kansas City Chiefs, Buccaneers, Raiders, Tashan Reed Los Angeles Chargers, — Daniel Popper Los Angeles Rams Rams, Rams, Miami, Seattle, Los Angeles, Miami Dolphins, Dolphins, Vikings, Patriots, New, Williams ’ Chicago Bears, Our NFL, New Orleans Saints, Getty, Jets, Eagles, NFC East, Washington, Philadelphia, The Eagles, Ravens, Pittsburgh Steelers, Fame, Pittsburgh, San Francisco 49ers, 49ers, The Rams, Arizona Cardinals, Pro Bowler, Seahawks, Pro Bowlers, Derick, Shawn Dugar Tampa Bay Buccaneers, Bucs, — Dan Pompei Tennessee Titans, Sunday’s Locations: Arizona, Green, San Francisco, Detroit, Los Angeles, Cleveland, takeaways, Dallas , Tennessee, Jacksonville, Miami, Baltimore, Indianapolis, Khan’s, Los, Scoop, Minnesota, Carolina . New Orleans, New Orleans, Tampa, Philadelphia, Washington, T.J, Levi’s, Metcalf, Levis

☆ Video: Elon Musk is $15 billion richer after Trump election win
▼ + stars: | 2024-11-06 | by ( ) edition.cnn.com time to read: 1 min

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☆ DJT: Trump’s social media stock spikes after victory, making him $1 billion richer
▼ + stars: | 2024-11-06 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

Truth Social owner Trump Media & Technology Group, Trump’s social media company, is skyrocketing in value this morning after CNN and other media outlets projected Trump won the election. Trump is the dominant shareholder in the conservative social media company, which has scant revenue and is losing money. When a stock price starts to rise sharply, traders who bet against it are forced to buy back the stock to limit their losses. That’s despite the fact that Trump Media makes very little revenue and Truth Social is a relatively small player in social media. Trump Media disclosed Tuesday afternoon that its third-quarter revenue dipped 5% to just $1 million.

Persons: Donald Trump didn’t, ”, Trump, Matthew Tuttle, isn’t, Tuttle, ” Tuttle, Michael Block, Block, ” Block Organizations: New, New York CNN, White, Truth Social, Trump Media & Technology Group, CNN, Trump, Trump Media, Tuttle Capital Management, JetBlue, That’s Locations: New York, Iowa

Nobody was a bigger winner than Coinbase CEO Brian Armstrong. Coinbase shares soared 31% on Wednesday, their best day on record, as investors celebrated the company's victorious efforts to get pro-crypto candidates into office. "I am so grateful to Ohioans for their resounding support in this race," Moreno said in a statement Tuesday night. "I look forward to working with the new Republican Senate majority to fix our economy, secure our border, and return to American strength at home and abroad." "In the beginning, a lot of people didn't know what crypto was," Armstrong said of his earlier trips.

Persons: Brian Armstrong, Bryan van der Beek, Coinbase, Armstrong, Ohio Republican Bernie Moreno, Sherrod Brown, Bitcoin, Brown, Moreno, Donald Trump's, Ohioans, Gary Gensler, vociferously, Bernie Moreno, Stephen Maturen, Paul Grewal, Grewal, rulemaking Organizations: Coinbase Inc, Singapore Fintech, Bloomberg, Getty, Ohio Republican, Senate, Committee, Crypto, NBC News, Republicans, Republican, Republican Senate, Armstrong, Securities, Exchange, U.S, Brecksville, Center, CNBC, Trump, SEC Locations: Singapore, Washington, Brecksville , Ohio, United States

☆ These stocks are soaring off the Trump victory
▼ + stars: | 2024-11-06 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +5 min

That would mark a reversal from the Biden administration, which allowed migrants seeking asylum to legally work in the country while awaiting trial. A Trump administration is expected to approve Capital One's proposed merger with Discover Financial Services. Andrew Caballero-Reynolds/AFP/Getty ImagesGenerally, a Trump administration is expected to be more supportive of mergers and acquisitions compared to the Biden administration, which has sought to block many. Retail and green energy stocks falterWednesday wasn’t all good news for stocks, though. Trump is widely expected to repeal tax credits and other incentives President Joe Biden pushed for in the Inflation Reduction Act.

Persons: Donald Trump’s, Biden, It’s, Trump, Tesla Elon, Tesla, Donald Trump's, Elon Musk, Trump . Thibaut Durand, Hans Lucas, JPMorgan Chase, Jamie Dimon, Michael Barr, Goldman Sachs, Andrew Caballero, Reynolds, bitcoin, Joe Biden Organizations: New, New York CNN, Prisons, GEO Group, SpaceX, Trump ., Getty, Bank, JPMorgan, Federal, Citigroup, Discover Financial Services, Capital, Republican, JetBlue, Spirit Airlines, Trump, Mattel, Hasbro Locations: New York, AFP

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