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☆ We're buying more of two stocks that have been unfairly dinged in the past week
▼ + stars: | 2024-11-04 | by ( Jeff Marks | ) www.cnbc.com time to read: +2 min

Now that our trading restrictions for AMD and CrowdStrike are cleared, we can finally add to our positions. Whenever Jim mentions a stock on CNBC TV, we cannot buy or sell it for three days. We've wanted to buy AMD since its post-earnings sell-off on Wednesday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Jim, We've, Jim Cramer Organizations: AMD, CrowdStrike, CNBC, Meta, Microsoft, Jim Cramer's Charitable Locations: CrowdStrike

☆ India central bank well-equipped for post-U.S. election volatility, Reuters reports
▼ + stars: | 2024-11-04 | by ( ) www.cnbc.com time to read: +3 min

A sign for the Reserve Bank of India (RBI) sign is displayed inside central bank's headquarters in Mumbai, India. The Reserve Bank of India would be able to tap its large foreign exchange reserves to defend the domestic currency in the event of global market volatility and an outflow of foreign funds, the sources said. There has been a record outflow of more than $10 billion in foreign funds from India stocks, while foreigners pulled $700 million from the debt market. Central bank officials have not committed to or signaled any timing for a rate cut. China's stimulus efforts, which could intensify if U.S. tariffs further hurt its economy, have been a factor driving foreign funds out of India and other emerging markets into China.

Persons: Donald Trump, Kamala Harris, Trump Organizations: Reserve Bank of India, Republican, Democratic, Trump Locations: Mumbai, India, China, The U.S, Central

☆ Final NBC News poll: Harris-Trump race is neck and neck, with significant gender gap
▼ + stars: | 2024-11-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mark-Murray-Circle-Byline-Template.Jpg | Mark Murray | ) www.nbcnews.com time to read: +9 min

Just 2% of voters say they’re unsure about the choice. Trump, meanwhile, leads among rural voters (75%-23%), white voters (56%-42%) and white voters without college degrees (64%-34%). This net gender gap of 34 points is larger than the 30-point gap in October’s NBC News poll. That’s a significant change from the final 2020 NBC News poll, when Biden was ahead of Trump by more than 20 points among these voters. And when it comes to the battle for Congress, 47% of voters say they prefer Democrats control Congress, while 46% want Republicans in charge.

Persons: Kamala Harris, Republican Donald Trump, Harris, Trump, —, Joe Biden’s, ”, Jeff Horwitt, Bill McInturff, We’ve, we’ve, McInturff, — Trump, Biden, — Harris, they’ve, Trump’s, That’s Organizations: NBC, Republican, White, Trump, Democratic, Hart Research Associates, Republicans —, Democrats —, Electoral, Black, The NBC, Biden, Republican Party Locations: Michigan, Pennsylvania, Wisconsin, U.S

The Summary FEMA and NOAA have become politicized as the frequency and severity of natural disasters have increased. With the neck-and-neck 2024 election just days away, the futures of the federal agencies responsible for weather forecasting, climate change research and disaster recovery hang in the balance. And with it, they’ve become a target for some conservatives who are skeptical of climate change and want to slash government budgets. “Climate change is a very unique problem in that, like most environmental problems, it doesn’t respect our political boundaries and it doesn’t respect our state boundaries,” he said. “We need centralized federal agencies to respond to climate change, agencies that can handle big, significant, multistate disasters at the appropriate scale.”

Persons: they’ve, Donald Trump, Elon Musk, Trump, ”, Craig Fugate, Obama, It’s, “, Helene, Milton . Trump, Jared Moskowitz, Ron DeSantis, Hurricane Michael, ” Moskowitz, Rick Scott, Milton, Hurricane Milton, Pete Beach, Tristan Wheelock, Fugate, ” Matthew Sanders, ” Sanders, Matthew Burgess, ” Burgess, DeNa Carlis, Sanders Organizations: FEMA, NOAA, Oceanic, Atmospheric Administration, Federal Emergency Management Agency, Heritage Foundation, Trump, NBC, National Weather Service, Emergency Management, Gov, North, Hurricane, Bloomberg, Getty, Environmental, Stanford University, College of Business, University of Wyoming, ”, NWS Locations: United States, Milton, U.S, Florida, ”, North Carolina, St, Pete Beach , FL

☆ Secret audio, overturned convictions and a jail death: The legal saga of an art dealer’s murder
▼ + stars: | 2024-11-03 | by ( Tim Stelloh | David Ketterling | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +15 min

But nearly 16 years after Lambert’s murder, the case remains unfinished. (Niroula was fatally assaulted in jail while awaiting a new trial; two defendants previously pleaded guilty, and their convictions weren’t overturned.) Then, he and Niroula began developing a plot to defraud and murder Lambert, the prosecutor said. Four of them, including Niroula and Garcia, were charged with murder, conspiracy, grand theft and other crimes, court records show. Less than a month later, a judge overturned the four murder convictions and set the cases for retrial.

Persons: Cliff Lambert, Lambert, ”, Kaushal Niroula, Daniel Garcia, hadn’t, Niroula, Garcia, Mark Evans, Eddie Mullikin, Steven Kilkullen, Cliff, Anthony Villalobos, David Replogle, “, Kilkullen, he’d, who’d, Tom Fitzmaurice Mullikin, Mullikin, Robert Hightower, —, Hightower, Thomas White, White, — David Replogle, Garcia hasn’t, Stuart Hanlon, Tyson Wrensch, San Francisco’s Castro, Dateline ”, Niroula “, ” Wrensch, ” Tyson Wrensch, Niroula texted Garcia, Niroula —, Lambert’s —, ” Hightower, Mercedes, David Downing, Downing, wasn’t, — “, ” Mullikin, Niroula’s, Replogle, ” Villalobos, “ There’s, hasn’t, ” Kilkullen, ” Tim Stelloh, David Ketterling Organizations: Dateline, NBC News, Riverside County, Midwest, “ Dateline, San, San Francisco Bay Area, Lincoln Town, Marines, Palm, Niroula Locations: INDIO, Calif, California, Palm Springs, Nepal, San Francisco, Riverside County, Riverside, Mexico, San Francisco Bay, San Francisco’s, Coachella, Bay, Los Angeles, Lambert’s, United States, Cliff, Alameda , California, Indio

With Election Day around the corner, there's been just shy of $1 billion spent on political ads up and down the ballot in the last week, data from the ad-tracking firm AdImpact shows. The most expensive race over the last week is, unsurprisingly, the presidential race, where more than $272 million has been spent on ads, according to data from AdImpact. There's been more than $267 million spent on ads in down-ballot races, meaning all of the other races outside of races for president, governor and Congress. One other down-ballot race saw more than $10 million in ad spending over the last week: California's referendum on rent control. Governors races have had just $18 million in ad spending in the last week, thanks to a relative lack of competitive races this cycle.

Persons: there's, it's, Donald Trump's, Kamala Harris, There's, Marc Molinaro, Democrat Josh Riley, Michelle Steel, Derek Tran, Mike Garcia, Democrat George Whitesides Organizations: AdImpact, Democratic, Republicans, Pennsylvania ., Republican, Democrat, California's, Governors Locations: Florida, Ohio , Texas, Pennsylvania, Pennsylvania . Wisconsin, Michigan

When asked why, a Trump campaign official put it bluntly. “If there’s one state that could bite you in the a--, it’s North Carolina,” the official said. Yet he’s made a plan of returning to North Carolina each day until the election. While Harris campaign aides on social media chided Trump for holding a defensive posture in a state that hasn’t gone blue since 2008, the Trump campaign cast the repeated visits to North Carolina as an aggressive, cover-all-the-bases strategy. “North Carolina, I’m here to ask for your vote.

Persons: Donald Trump’s, he’s, Kamala Harris ’, ”, Trump, Harris, ” Trump, “, Hurricane Helene, —, Joe Biden, Morgan Jackson, Jackson, Roe, Wade, ” Jackson, …, Donald Trump Organizations: Sun, Trump, Gastonia, Silver State, Republicans, Republican, Democratic, optimist, North, North Carolina Democrats, Democrats, Obama Locations: North Carolina, it’s North Carolina, Virginia, New Mexico, Greensboro, Gastonia, Charlotte, Kinston, Raleigh, Gastonia Saturday, Pennsylvania, Wisconsin, Michigan, Nevada, Silver

☆ Top Wall Street analysts are confident about the long-term potential of these 3 stocks
▼ + stars: | 2024-11-03 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

Top Wall Street analysts closely follow the key details of a company's quarterly results. (See Fiserv Financials on TipRanks)Boot BarnWe now move to Boot Barn (BOOT), a retailer of western and work-related footwear, apparel and accessories. Despite the beat-and-raise quarter, BOOT stock plunged as investors reacted unfavorably to the company's announcement about the planned departure of CEO Jim Conroy in November. Following the print, Baird analyst Jonathan Komp upgraded his rating for Boot Barn stock to buy from hold, while maintaining the price target at $167. (See Boot Barn Stock Charts on TipRanks)Chipotle Mexican GrillFinally, let's look at this week's third stock, restaurant chain Chipotle (CMG).

Persons: Ivan Feinseth, Feinseth, TipRanks, Jim Conroy, Conroy, Baird, Jonathan Komp, Komp, Chris O'Cull, O'Cull Organizations: Manhattan , New York City . Tech, Wall Street, Tigress, FI, Ross Stores Locations: Manhattan , New York City

☆ 11 surprising things from this earnings season, including my favorite stock so far
▼ + stars: | 2024-11-03 | by ( Jim Cramer | ) www.cnbc.com time to read: +17 min

Horton makes the most sense as a Kamala Harris stock because of a promised $25,000 toward a first home. I don't know if either candidate can pull off huge tariffs (Trump) or a credit (Harris). Here are eleven surprising things about this earnings season that you can store up and pull out when the election is confirmed. The deficit will begin to hurt the stock market hard next year even if the economy continues to cool. Away from the hyperscalers, I like Marvell , where CEO Matt Murphy bought $1 million worth of stock in the open market.

Persons: beckons, Joe Biden, Biden, Donald Trump, D.R, Horton, Kamala Harris, Harris, let's, Let's, Trump, haven't, Myers, Abbvie, Eli Lilly, Anat Askenazi's, Abbott, neonatologists, Reckitt, Jim Hurst, Danaher, Jason Hollar, It's, Amgen, That's, Estee Lauder, Parker, Pat Gelsinger's, He's, Matt Murphy, Jim Cramer's, Jim Cramer, Jim, David Paul Morris Organizations: U.S, NBC News, White, Ford Motor, Trump, Costco, Volkswagen, Bankers, Banco Santander, Apple, Amazon, GE Vernova, U.S ., Treasury, Merck, NEC, FDA, CDC, NIH, GE Healthcare, Cardinal Health, NPC, Nvidia, Caterpillar, Linde, Devices, heaven's, Intel, Marvell, Micron, Arista, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: Europe, Germany, China, Portugal, Ireland, Italy, Greece, Spain, It's, Santander, —, Bristol, U.S, Taiwan, Eaton, Dover, Norwegian, Caribbean, San Francisco

☆ Mount Lewotobi Laki Laki: Volcanic erupts in eastern Indonesia, killing at least 6 people
▼ + stars: | 2024-11-03 | by ( Associated Press | Story The | ) edition.cnn.com time to read: +3 min

The eruption at Mount Lewotobi Laki Laki just after midnight on Monday spewed thick brownish ash as high as 2,000 meters (6,500 feet) into the air and hot ashes hit a nearby village, burning down several houses including a convent of Catholic nuns, said Firman Yosef, an official at the Mount Lewotobi Laki Laki monitoring post. Authorities also raised the danger level and widened the danger zone for Mount Lewotobi Laki Laki on Monday, following a series of eruptions that began last week. Mount Lewotobi Laki-Laki spews volcanic materials from its crater during a previous eruption in East Flores, Indonesia, on January 14, 2024. Andre Kriting/AP/FileA nun in Hokeng village died and another was missing, said Agusta Palma, the head of the Saint Gabriel Foundation that oversees convents on the majority-Catholic island. It’s Indonesia’s second volcanic eruption in as many weeks.

Persons: —, Laki Laki, Firman Yosef, Lewotobi Laki Laki, Boru, Riang Rita, Bokang, Lewotobi, Andre Kriting, Agusta Palma, ” Palma, It’s, Marapi Organizations: Disaster Management Agency, Saint Gabriel Foundation Locations: Maumere, Indonesia, Flores, Wulanggitang District, Pululera, Hokeng Jaya, Klatanlo, Ile Bura District, Dulipali, Nobo, Titehena District, Konga, Kobasoma, blanketeing, East Flores, Hokeng, West Sumatra, blanketing

☆ A pregnant teenager died after trying to get care in three visits to Texas emergency rooms
▼ + stars: | 2024-11-03 | by ( Lizzie Presser | Kavitha Surana | ) edition.cnn.com time to read: +21 min

Candace Fails screamed for someone in the Texas hospital to help her pregnant daughter. Fails, who would have seen her daughter turn 20 this Friday, still cannot understand why Crain’s emergency was not treated like an emergency. Passed nearly four decades ago, it requires emergency rooms to stabilize patients in medical crises. Eight years earlier, the Texas Medical Board found that he had failed to diagnose appendicitis in one patient and syphilis in another. Last year, he sent a letter threatening to prosecute a doctor who had received court approval to provide an emergency abortion for a Dallas woman.

Persons: ProPublica, Candace, ”, Nevaeh Crain, Crain, “, Sara Rosenbaum, Dr, Jodi Abbott, they’re, Biden, GYNs, Dara Kass, it’s, Elizabeth, Lillian, Danielle Villasana, ’ Crain, Randall Broussard, they’d, Broussard, —, wasn’t retching, Elizabeth ., William Hawkins, ” Broussard, Hawkins, Elise, Kass, Crain’s, Marcelo Totorica, couldn’t, GYN, Melissa McIntosh, Totorica, “ Dr, ultrasounds aren’t, Abbott, ’ ”, Tony Ogburn, Totorica’s, ” Crain, Lillian Faye Broussard, Ken Paxton, Paxton, Donald Trump, Roe, Wade, James Wesley Hendrix, ” Paxton, Kurt D, Engelhardt, Sanjay Gupta, Mariam Elba, Cassandra Jaramillo, Andrea Suozzo Organizations: George Washington University, Boston University School of Medicine, OB, Department of Health, Human Services, Baptist, Southeast, Christus, Baptist Hospitals, Texas Medical Board, New, Staff, Boston OB, Texas, Biden, U.S, Supreme, Labor, Medicare, District, Trump, U.S ., Appeals, Circuit, CNN, CNN Health Locations: Texas, New York, Southeast Texas, Christus Southeast Texas St, Vidor , Texas, Tennessee, Christus St, San Antonio, Buna , Texas, Washington, Dallas, Southern Texas

☆ Stocks to play China's shopping festival — even if consumers spend less
▼ + stars: | 2024-11-03 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

As China's biggest shopping festival of the year gets underway, analysts are starting to favor Chinese logistics companies as a way to play the online shopping trend. The JPMorgan report initiated coverage of U.S.-listed ZTO Express , which the analysts said is China's largest express parcel player with more than 20% of the market. ZTO YTD mountain ZTO Express shares in the U.S. in 2024. Morgan Stanley is less bullish, rating J & T equal-weight while citing competitive risks in China and potential challenges in Southeast Asia. "Cuts on overseas profitability outlook has weakened our investment thesis," the Morgan Stanley analysts said.

Persons: JD.com, Morgan Stanley, ZTO, Morgan Stanley's, Nomura, Jet Li, Li, Michael Bloom Organizations: JPMorgan, YTO Express, STO Express, Yunda, T Global Express Ltd, ZTO's, ZTO Express, J, T Global Express, HK, Nomura, Hong Kong, Hong, CNBC Locations: Hong Kong, U.S, China, Southeast Asia, T Global Express Hong Kong

☆ Taiwan reports rise in Chinese military activity as U.S. election nears
▼ + stars: | 2024-11-03 | by ( ) www.cnbc.com time to read: +1 min

Taiwanese Coast Guard personnel work on a vessel off the coast of Nangan Township, in the Matsu Islands on Oct. 15, 2024, a day after China conducted the "Joint Sword-2024B" military drills around Taiwan. Taiwan's defense ministry said on Sunday it had spotted 35 Chinese military aircraft, including fighters and bombers, flying to the island's south on the way to exercises in the Pacific, a second day in a row it has reported such activities. China's defense ministry did not respond to a request for comment on the missions, reported just days before Tuesday's U.S. presidential election. The United States is bound by law to provide Taiwan with the means to defend itself, and its arms sales to Taipei, including a $2 billion missile system announced last month, infuriate Beijing. Taiwan's defense ministry said that from 9 a.m. (0100 GMT) on Sunday it had detected 37 Chinese military aircraft, including J-16 fighters, nuclear-capable H-6 bombers and drones.

Organizations: Coast Guard, U.S, infuriate Locations: Nangan Township, Matsu, China, Taiwan, Pacific, Taipei, United States, infuriate Beijing

☆ Moldova’s pro-Western president wins 2nd term in runoff overshadowed by Russian meddling claims
▼ + stars: | 2024-11-03 | by ( Associated Press | ) edition.cnn.com time to read: +9 min

CHISINAU, Moldova (AP) — Moldova’s pro-Western President Maia Sandu has won a second term in a pivotal presidential runoff against a Russia-friendly opponent, in a race that was overshadowed by claims of Russian interference, voter fraud, and intimidation in the European Union candidate country. Today, you have saved Moldova!” Sandu said after claiming victory after midnight. Moldova’s large diaspora, which cast ballots in record numbers of more than 325,000 voted, heavily in favor of Sandu in the runoff. The presidential role carries significant powers in areas such as foreign policy and national security and has a four-year term. But the results of the ballots including Sunday’s vote were overshadowed by allegations of a major vote-buying scheme and voter intimidation.

Persons: — Moldova’s, Maia Sandu, Sandu, Alexandr Stoianoglo, ” Sandu, Stoianoglo, ”, “, Ursula von der Leyen, you’ve, Stanislav Secrieru, Secrieru, Dorin Recean, Vladislav Culiomza, Silviana Zestrea, Ilan Shor, oligarch, Shor, Father Vasilii, it’s, Cristian Cantir, ” Savlina, Stringer Organizations: Western, European Union, Central Electoral Commission, CEC, Russia Party of Socialists, “, Sunday, Moldovan, Northampton, Reuters, ”, EU, Police, Associated Press, Oakland University, AP, ” Moldovan Locations: CHISINAU, Moldova, Russia, “ Moldova, Sandu, Belarus, Azerbaijan, Turkey, Frankfurt, Germany, Liverpool, Soviet, Chisinau, Bucharest, Comrat, Gagauzia, EU, European, Ukraine, Brussels, Moscow

In Wisconsin’s hotly contested U.S. Senate race, Republican Eric Hovde has focused much of his closing messaging on attacking the finance career of Democratic Sen. Tammy Baldwin’s girlfriend, highlighting their same-sex relationship. Another Hovde campaign ad features a narrator talking about Baldwin’s relationship with Brisbane. “This is Sen. Tammy Baldwin,” the narrator says. Now vying for a third Senate term, Baldwin has said the attacks are designed to distract from her record. Baldwin campaign officials and LGBTQ rights organizations said that Hovde’s attack lines amount to a cynical ploy by Republicans.

Persons: Republican Eric Hovde, Democratic Sen, Tammy Baldwin’s, Maria Brisbane, ”, ” Baldwin, Baldwin, ” “ Tammy, Sen, Tammy Baldwin, Tammy doesn’t, Morgan Stanley, MSNBC’s “ Andrea Mitchell, Eric Hovde, Hovde, “, “ Eric Hovde, —, Zach Bannon, “ Sen, Sarah Kate Ellis, ” Kelley Robinson, ” Robinson, GLAAD didn’t, Andrew Mamo, ” “, Donald Trump Organizations: U.S, Senate, Republican, Democratic, Wall Street, Maria’s, Republicans ’, Baldwin TV, U.S . Senate, Big Pharma, ”, CNN, Banking, Human Rights, GLAAD Locations: Brisbane, Wisconsin, New York City , Wisconsin, New York, California

Vice President Kamala Harris tore into Speaker Mike Johnson, R-La., on Saturday for his comment that Republicans might seek to repeal the CHIPS and Science Act if they take control of Congress in the upcoming election. Now to get rid of the CHIPS Act,” Harris added. When asked whether Republicans will seek to repeal the CHIPS Act if they win the election, Johnson replied, “I expect that we probably will,” according to a video posted by a local journalist. “The CHIPS Act is hugely impactful here,” Williams said, vowing to “remind” Johnson “night and day” about the importance of the law. His only mistake was being honest.”The CHIPS Act passed Congress on a bipartisan basis and was signed into law by President Joe Biden in 2022.

Persons: Kamala Harris, Mike Johnson, “, ” Harris, Donald, ”, —, we’ve, Andrew Harnik, Johnson, Brandon Williams, Williams, ” Williams, ” Johnson, Evan Vucci, Harris, it’s, Trump, Ian Sams, Chuck Schumer, ” Arizona Democratic Sen, Mark Kelly’s, Jacob Peters, Joe Biden Organizations: Affordable, Micron, NY, Green New, Democrat, Republican, ”, ” Arizona Democratic, Commerce Department Locations: Milwaukee, New York, PA, MI, NC, ” Arizona

Early November ushers in a skywatching bonanza, with three active meteor showers offering the chance to see shooting stars light up the night sky. The Southern Taurids meteor shower is expected to reach its peak overnight from Monday into Tuesday. At the same time, the last of the Orionid meteor shower should still be visible, following its peak on Oct. 20. The Southern and Northern Taurids, meanwhile, are both long-lasting meteor showers, with peaks that are less clearly defined than some other shooting star shows. The Taurids meteor showers get their name because the shooting stars appear to stream from a point in the sky where the Taurus constellation is located.

Persons: Northern Taurids, it’s, Taurid Organizations: American Meteor Society, Northern, NASA Locations: Southern, Northern, streetlights

WAXHAW, N.C. — Pro-Trump signs outnumber the ones for Harris outside of the Wesley Chapel volunteer fire department, an early voting site in Union County, North Carolina. A crumpled Harris sign adds to pre-election stress in the Union County, North Carolina. Patrick Martin / NBC NewsBryan Robinson, another Union County resident, echoed concerns about the potential for violence and retaliation. Leigh Benish and her son at their church in Butler, Pa. Election-related anxiety, Benish said, has kept her up at night. Leigh BenishThe onslaught is so overwhelming that Benish, a church pastor in Butler, has begun to focus on election stress in sessions with her counselor.

Persons: Harris, ”, Lisa, Kamala Harris, Walz, “, Patrick Martin, Bryan Robinson, “ I’m, Vaile Wright, Bryan Sexton, ” Sexton, Elijah Nouvelage, Leigh Benish, “ I’ve, Benish, Donald Trump, ” Benish, Wright, ” Wright, Sexton, Lisa Quebedeaux, she’s, ” Quebedeaux Organizations: —, Trump, Wesley Chapel, Democratic, NBC, American Psychological Association, Duke Center for, ” Media, Butler Locations: N.C, Union County , North Carolina, Charlotte, South Carolina, It’s, Union County, Arizona, Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, Durham , North Carolina, Duluth , Ga, Butler , Pennsylvania, Pennsylvania, Butler, Pa

☆ World’s largest captive crocodile Cassius dies in Australia
▼ + stars: | 2024-11-02 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +1 min

A 5.48 metre (18 ft) Australian crocodile that held the world record as the largest crocodile in captivity has died, a wildlife sanctuary said on Saturday. He was thought to be more than 110 years old. Cassius, weighing in at more than one ton, had been in declining health since Oct. 15, Marineland Melanesia Crocodile Habitat said on Facebook. Cassius, a saltwater crocodile, held the Guinness World Records title as the world’s largest crocodile in captivity. He took the title after the 2013 death of Philippines crocodile Lolong, who measured 6.17 m (20 ft 3 in) long, according to Guinness.

Persons: Cassius, “ Cassius Organizations: Habitat, Facebook, Records, Guinness Locations: Melanesia, Green, Queensland, Cairns, Northern Territory

☆ Companies brace for Tuesday: Mentions of election surge on earnings conference calls
▼ + stars: | 2024-11-02 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Octavio Jones | ReutersExecutives at America's largest companies are talking publicly with investors about the presidential election more so than in recent cycles. The word "election" came up on 100 earnings calls of S&P 500 -listed firms between Sept. 15 and Oct. 31, according to FactSet. The U.S. presidential election is Tuesday Nov. 5. 'Prudent' clientsMultiple companies cited a feeling of unpredictability tied to the presidential race among consumers and business clients. To be sure, some of the "election" mentions this year were tied to unrelated events like enrollment periods for health care.

Persons: Blythe Andrews , Jr, Octavio Jones, Kamala Harris, Donald Trump, Richard Tobin, FactSet, John Butters, Harris, Trump, Harry Lawton, Hurricanes Helene, Andrew Watterson, Michael Bayley, Gary Hershorn, Stanley Black, Decker, Donald Allan, Decker's Allan, William Grogan, Jon Vander Ark, Eric Ashleman, hasn't, Nonfarm payrolls, Equifax, Mark Begor, Stephen Squeri, we've, Mark Parrell Organizations: Public, Reuters, America's, CNBC, U.S, Dover, Tractor Supply, Hurricanes, Southwest Airlines, Royal, Hollywood International Airport, Corbis, Republican, Republic, Boeing, Tyler Technologies, American Express, Equity Locations: Tampa , Florida, U.S, Milton, Royal Caribbean, Fort Lauderdale, Fort Lauderdale , Florida, America, China

☆ Halloween to holidays: How Disney turns over its parks between its two most important seasons
▼ + stars: | 2024-11-02 | by ( Sarah Whitten | ) www.cnbc.com time to read: +5 min

DisneyIt's time for Disney parks to swap pumpkins for poinsettias. In the thick of its busiest season, Disney's domestic theme parks have already begun to transition from Halloween decorations to Christmas colors. About two weeks before Halloween, Disney's crew begins installing "inconspicuous" elements for the holiday season, such as lighting rigs. Festive food options arrive just in time for the holidays at Disney's theme parks. At the Walt Disney World resort, Mickey's Very Merry Christmas Party launches Nov. 8 and Jollywood Nights start Nov. 9.

Persons: Ken Potrock, Mickey, Mickey's, Gavin Doyle, Doyle, —, Jack Skellington, Santa Claus Organizations: Disney, Disneyland Resort, Walt Disney, Christmas Party Locations: Orlando , Florida, Anaheim , California, Florida, California, It's, Santa

A flurry of remarkably good economic news over the past week could create a daunting mandate for whoever is elected the next U.S. president: Don't mess it up. The whole damn world," President Joe Biden said Tuesday during an event announcing new infrastructure grants at the Port of Baltimore. Vice President Kamala Harris and former President Donald Trump are both pitching themselves as the best steward of the future health of the U.S. economy. Trump has pledged universal tariffs on all imports from all countries, a sweeping immigrant deportation program, deepening corporate tax cuts and more. Economists and even some of Trump's own allies note that his proposed universal tariffs, mass deportations and tax cuts could, at least temporarily, send major shockwaves through the economy, triggering potential market crashes.

Persons: Donald Trump, Kamala Harris, Joe Biden, Harris, Trump, Trump's, Justin Wolfers, Barack Obama, Biden, Wolfers, you've Organizations: Macomb Community College, Democratic, U.S, Port, Trump, University of Michigan, Republican Locations: Warren , Michigan, U.S, Atlanta , Georgia, Port of Baltimore, America

☆ Here's how an 86-year-old grandmother got her nearly $32,000 private student loan debt forgiven
▼ + stars: | 2024-11-02 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

"We've waived the remaining balance on your private student loan in the amount of $31,730.76," the Aug. 29 letter said, in part. Rebecca Finch Courtesy: Rebecca FinchBut the road to that relief was long, confusing and intensely stressful, said Rebecca's daughter, Sabrina Finch. Originally, Sabrina was the primary borrower of the Navient private student loan, and her mother, Rebecca, was the co-signer. In May, Navient excused Sabrina from her private student loan. But there's no question it's incredibly difficult for co-signers to be forgiven from a private student loan, consumer advocates say.

Persons: Rebecca Finch couldn't, We've, Navient, Rebecca, Finch, Rebecca Finch, Sabrina Finch, Sabrina, Sabrina —, Hartwick, EDCAP's Rodriguez Organizations: CNBC, Social Security, Consumer Financial Locations: Navient

☆ China eases rules for foreign investment in listed companies
▼ + stars: | 2024-11-02 | by ( ) www.cnbc.com time to read: 1 min

Statues of bulls in Pudong's Lujiazui Financial District in Shanghai, China, on Monday, Oct. 21, 2024. China issued revised regulations on Friday for foreign investors in its listed companies, expanding eligibility criteria and easing financial requirements in a bid to attract more foreign investment. Under the new regulations, China will allow foreign individuals to invest strategically in listed companies, the Ministry of Commerce said in a statement. The asset threshold for non-controlling foreign investors has been lowered, now requiring $50 million instead of $100 million. The country will also add tender offer as an approved investment method, along with private placement and negotiated transfer, the statement said.

Organizations: Ministry of Commerce Locations: Lujiazui, Shanghai, China

☆ Google's cloud outpaces rivals in third quarter as AI battle heats up
▼ + stars: | 2024-11-02 | by ( Jordan Novet | ) www.cnbc.com time to read: +1 min

With Wall Street laser focused on cloud computing this week, Google outpaced its rivals in growth, a key sign for investors that the internet company is gaining traction in artificial intelligence. Amazon Web Services, which remains the market leader, grew 19% to $27.45 billion, meaning it's more than twice the size of Google Cloud but expanding about half as quickly. Second-place Microsoft said revenue from Azure and other cloud services grew 33% from a year earlier. Five of the six trillion-dollar tech companies reported results this week, with AI chipmaker Nvidia as the outlier. Google reported a 17% cloud operating margin in the third quarter, after first turning a profit last year.

Persons: Sundar Pichai, Melissa Otto Organizations: Munich, Google, Web Services, Microsoft, Nvidia, Argus Research, CNBC Locations: Hof, Munich, Germany

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