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Bomb threats were reported across five key battleground states, both to polling places and government offices where votes are counted. The FBI, which engaged with local and state officials, confirmed that some of the threats originated from Russian email domains. “There were no major issues across the state” in the election process, said Nevada Secretary of State Francisco Aguilar. Voters who need to cure ballots with signature issues have until November 12 to do so, according to state election rules. Election workers process ballots for the 2024 General Election, in Milwaukee on November 5, 2024.

Persons: Donald Trump, Georgia –, –, Jocelyn Benson, Benson, ”, Gabriel Sterling, Brad Raffensperger, Lorena Portillo, State Francisco Aguilar, Aguilar, Omar Sabir, Kamala Harris, ” Sabir, Al Schmidt, Scott Hunt, Sara Innamorato, “, ” Innamorato, Paulina Gutierrez, “ We’re, Gutierrez, Jeff Fleming, Morry Gash, AP Sen, Ron Johnson, Brian Schimming, Johnson, Alysa Horton, they’ll, ” Horton, Horton, Adrian Fontes, Sean Lyngaas, Dalia Faheid, Brian Todd, Zachary Cohen, Casey Tolan, Holmes Lybrand, Scott Glover, Pamela Brown, Jim Acosta, Laura Dolan Organizations: CNN, Electoral, White, FBI, Democratic, Michigan Michigan, Georgia CNN, Trump, Georgia, State, Pennsylvania CNN, Pennsylvania, Philadelphia, Allegheny, Wisconsin Milwaukee, Milwaukee, AP, Wisconsin GOP, Arizona State, ASU, university’s State Press Locations: Russia, Fulton County, Georgia, Michigan, Wolverine, Detroit, “, Lansing, Atlanta, Chatham County, Savannah, ” Fulton, . Nevada, Nevada, Clark, Clark County, Clark County , Nevada, Washoe County, Nye County, Pennsylvania, Cambria County, Allegheny County, ”, Centre, Bellefonte , Pennsylvania, Milwaukee County, Milwaukee, Wisconsin, Arizona, Tempe

While many Silicon Valley VCs and founders aren't huge Trump fans, their industry thrives when startups are getting acquired or going public quickly. The Biden administration clamped down heavily on tech M&A, so Trump's win could be a financial boon for the sector. Stephen Hays, the founder and managing partner of What if Ventures, said money is already moving again. AdvertisementBig Tech returns to the tableAs president, Trump could roll back some of the antitrust policies that his opponent would have continued. "People are keeping to themselves and just getting on with their business," said Conrad Burke, a managing partner of MetaVC Partners.

Persons: Kamala Harris, Reid Hoffman, Laurene Powell, Vinod Khosla, Harris, Donald Trump's, aren't, Biden, There's, Jordan Nof, Stephen Hays, Trump, Elon, Lina Khan's, Lulu Cheng Meservey, Y, Lina Khan, Kevin Dietsch, Brandon Brooks, — Trump's, JD Vance —, Chris Farmer, Mason Angel, Louis Lehlot, Lardner, Michael Greeley, Crypto, hasn't, Gary Gensler, Bitcoin, Brian Garrett, Garrett, Jenny Fielding's, Fielding, Conrad Burke, Leslie Feinzaig, bundlers, Kamala, I've Organizations: Democrat, White House, Trump, Tusk Venture Partners, Ventures, Tech, Federal Trade, Investors, Foley, Big Tech, Markets, Flare Capital, Biden, SEC, Crosscut Ventures, Google, Microsoft, MetaVC Partners Locations: Europe

☆ 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

☆ Apple deftly navigated Trump's first term. The second one brings new challenges
▼ + stars: | 2024-11-06 | by ( Morgan Chittum | ) www.cnbc.com time to read: +7 min

The news Trump's decisive victory over Vice President Kamala Harris in the 2024 presidential election comes with varying implications for Apple investors. Apple got exceptions in Trump's first term that muted the impact of tariffs on Apple. Bottom line Apple deftly navigated a first Trump term, but it's way too early to say with certainty what Trump's second term in office will mean for the California tech giant. As for tariffs, Apple has wisely expanded its manufacturing capabilities outside of China in markets like India, and it should continue to do so. In Trump's second term, "Apple is going to need what I call special pleading," Jim Cramer said during the Morning Meeting.

Persons: Donald Trump, Kamala Harris, Trump, Apple —, Apple, Bernstein, Tim Cook, Cook, I've, Hillary Clinton, Rosenblatt, it's, Jim Cramer, they're, Jim, Jim Cramer's, Saul Loeb Organizations: Apple, Big Tech, Bank of America, Justice Department, Management, Nvidia, Microsoft, Club, Trump, Democratic, Rosenblatt, Samsung, DOJ, CNBC, American Workforce Policy, White, AFP, Getty Locations: China, U.S, India, California, Washington , DC

☆ Elevator test towers: The skyscrapers where nobody lives
▼ + stars: | 2024-11-06 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +6 min

Elevator test towers can go higher still. Elevator test towers are “a bit like a test track for a Formula One team,” said Tomio Pihkala, chief technology officer at Finnish elevator manufacturer Kone, in a phone interview. Like all skyscrapers, elevator towers need to withstand strong winds that can cause swaying and affect test conditions. The resulting oscillation simulates wind and earthquakes, which are among the biggest challenges in elevator development, according to TK Elevator. One of TK Elevator's test towers in Atlanta, Georgia.

Persons: It’s, Sebastian Gollnow, ”, Tomio Pihkala, Xia Yu, ” Pihkala, “ It’s, “, Kone, TK, ” Beate Höhnle Organizations: CNN, Getty, New York, Trade Center, Atlanta —, Battery, Atlanta Braves, Hitachi, New York City —, Formula, Kone Locations: Black, Rottweil, New, Atlanta, Zhongshan, China, of, Guangzhou, New York City, LA, Taipei, Hyvinkää, Finland, Kunshan, Tytyri, Atlanta , Georgia, Swiss

☆ Toyota posts nearly 20% drop in second-quarter operating profit, missing estimates
▼ + stars: | 2024-11-06 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +2 min

Japanese automaker Toyota Motor on Wednesday reported its first quarterly operating profit drop in about two years, as it strives to navigate the market shift toward electric vehicles. Revenue : 11.44 trillion yen vs. 11.41 trillion yen: 11.44 trillion yen vs. 11.41 trillion yen Operating profit: 1.16 trillion yen vs. 1.24 trillion yenThe world's largest automaker by sales volume saw a 20% year-on-year drop in operating profit during the quarter. Net profit attributable to company more than halved to 573.7 billion yen from 1.28 trillion a year ago. "If electric vehicles simply become the only choice, including for our suppliers, those people's jobs would be lost." The company maintained a full-year operating profit of 4.3 trillion yen.

Persons: Akio Toyoda, Toyoda, Suzuki Organizations: Toyota, Toyota Motor, LSEG ., Reuters, National, Traffic Safety Administration, Japan's Transport, Ministry of Land, Transport, Honda, Yamaha Locations: Tokyo, Japan, Infrastructure, Tourism

☆ Buy these 3 stocks — whatever the election result, analyst says
▼ + stars: | 2024-11-06 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

But Shelby McFaddin, senior analyst at Motley Fool Asset Management, is looking beyond the end result. "Either potential administrations would bring an increase in infrastructure spending and inflation remains a concern." 'Success story' Looking past the election result, McFaddin named three stocks she likes right now, including shipping and parcel delivery giant United Parcel Service . Calling the company "really interesting," the analyst said it has "been a little bit of a success story," with a rebound in earnings and revenue. It's not necessarily the world's fastest grower, but it is a really reliable company with really strong management," she added.

Persons: Shelby McFaddin, CNBC's, Kenny Polcari, McFaddin, It's Organizations: United Parcel Service, UPS, CNBC, Mastercard Locations: U.S, Washington

☆ Neft Daşları: The Soviet-era oil rig city ‘floating’ in the Caspian Sea
▼ + stars: | 2024-11-06 | by ( Laura Paddison | ) edition.cnn.com time to read: +7 min

He kept hearing about this secretive city, sprawled like floating, rusting tentacles across the Caspian Sea, far from the nearest shoreline. Oil production on Neft Daşları in 2011. Gahramanli’s organization has been raising concerns about pollution from Neft Daşları for years, including reports of untreated wastewater being pumped into the Caspian Sea. Neft Daşları oil rig and industrial settlement in the Caspian Sea on September 6, 2023. “After its oil supplies run out, Neft Daşları will probably become a tourism magnet,” Shaffer said.

Persons: Marc Wolfensberger, Neft Daşları, ”, CNN Neft, Wolfensberger, Mirvari Gahramanli, ” Gahramanli, Daşları, Maxim Shipenkov, Brenda Shaffer, Gahramanli, SOCAR, derrick, Neft, ” Shaffer, “ It’s, “ Organizations: CNN, Oil, CNN Seven, Oil - Workers Rights Protection Organization, US Naval Postgraduate School, Facebook, United Nations, Global Locations: It’s, Azerbaijan’s, Baku, Soviet, Azerbaijan, Caspian

☆ 41-year-old teacher used her last $99 to start a living room side hustle—now her business makes $1.9 million a year
▼ + stars: | 2024-11-06 | by ( Megan Sauer | ) www.cnbc.com time to read: +1 min

The day Lisa Collum started her side hustle in 2011, she went to OfficeMax and bought five binders with the last $99 in her checking account, she says. She filled them with copies of her fourth- and fifth-grade writing curricula, sliding pages reading "Top Score Writing by Lisa Collum" into the front plastic covers. Today, Collum, 41, is the CEO of Palm Beach Gardens, Florida-based Top Score Writing, which sells K-12 writing curricula and consulting services to schools and teachers across all 50 U.S. states, she says. That same year, Collum used funds from her business to buy Coastal Middle and High School, a nonprofit private school in Lake Park, Florida. Top Score Writing now has six full-time employees, 10 part-time staffers and nearly $1.9 million in annual profit last year, according to documents reviewed by CNBC Make It.

Persons: Lisa Collum, Collum Organizations: High School, CNBC Locations: Collum, Palm Beach Gardens , Florida, Lake Park , Florida

☆ Mortgage rates surge higher on Trump victory, causing housing stocks to fall
▼ + stars: | 2024-11-06 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

"The expectation among bond traders coming into the election was that rates would move higher in the event of a Trump victory and especially a red sweep. "The builder stocks are highly sensitive to mortgage rates and mortgage rate expectations. Big builders have been buying down mortgage rates for their customers, but that has been cutting into their margins. Mortgage rates don't follow the Fed, but do react to the central bank's thinking on the economy. Stronger-than-expected economic reports in September and October caused bond yields, and consequently mortgage rates, to move higher.

Persons: Donald Trump's, Matthew Graham, Horton, PulteGroup, Lowe's, John Burns, Trump, Carl Harris, Graham Organizations: Mortgage News, Trump, . Housing, John Burns Real Estate Consulting, National Association of Home Builders, Federal Reserve, National Association of Realtors Locations: U.S, D.R

☆ Novo Nordisk quarterly profit meets expectations as Wegovy maker narrows full-year guidance
▼ + stars: | 2024-11-06 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +3 min

Novo Nordisk on Wednesday reported third quarter earnings broadly in line with expectations and narrowed its 2024 full-year growth guidance. The Danish pharmaceutical giant said that its net profit in the third quarter hit 27.3 billion Danish kroner ($3.92 billion), above an LSEG aggregate estimate of 26.95 billion Danish kroner. EBIT — earnings before tax and income — came to 33.8 billion Danish kroner, also just above the LSEG forecast of 33.51 billion Danish kroner. The guidance reflected the company's expectations for sales growth in North America and internationally, which is largely driven by volume growth of treatments based on Glucagon-like peptide-1 (GLP-1), Novo Nordisk said. Novo Nordisk added that it was investing in capacity both internally and externally to increase supply in the short- and long-term.

Persons: —, — CNBC's Annika Kim Constantino Organizations: Novo Nordisk, Wednesday, Novo, Nordisk, U.S . Food, Drug Administration Locations: Danish, North America, Novo, U.S

☆ JPMorgan execs call for unity in a memo to staff on Trump's victory
▼ + stars: | 2024-11-06 | by ( Reed Alexander | ) www.businessinsider.com time to read: +6 min

JPMorgan CEO Jamie Dimon congratulated Donald Trump on winning the White House. In a memo to staff, Dimon and other top JPM executives called for "bringing our nation together." On Wednesday, JPMorgan CEO Jamie Dimon weighed in to say the time has come to band together as a nation. In a memo to staff, members of the bank's operating committee, including Dimon, congratulated Trump before recalling Dimon's comments from Election Day about national unity. AdvertisementRead the full contents of the Wednesday memo from JPMorgan's Operating Committee about Trump's victory below.

Persons: Jamie Dimon, Donald Trump, Dimon, —, Donald Trump's, Kamala Harris, Trump, Jamie, Diana Frost, Kraft Heinz, Judith Kent, Harris, Walz, Kent, Goldman Sachs, David Solomon, JD Vance, Ashley Bacon, Jeremy Barnum, Lori Beer, Tim Berry, Mary Erdoes, Wealth Management Stacey Friedman, Teresa Heitsenrether, Marianne Lake, Consumer & Community Banking Robin Leopold ,, Doug Petno, Global Banking Jenn Piepszak, & Investment Bank Daniel Pinto, JPMorgan Chase Troy Rohrbaugh, & Investment Bank Sanoke Viswanathan, Reed Alexander Organizations: White, Service, Wednesday, JPMorgan, Dimon, Wells, Wall Street, Wealth Management, Consumer & Community Banking, Human, Global Banking, & Investment Bank, International Consumer Locations: Wall, United States, Washington ,, Wells Fargo, Michigan

☆ Here are Wednesday's biggest analyst calls: Nvidia, Apple, Tesla, Nike, Ferrari, Amazon, Instacart, Spotify & more
▼ + stars: | 2024-11-06 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Goldman Sachs reiterates Nvidia as buy Goldman said the stock is best positioned ahead of earnings later this month. JPMorgan upgrades Yum China to overweight from neutral JPMorgan upgraded the China operator of brands like KFC following earnings. Wedbush reiterates Tesla as outperform The firm said the EV maker is a big winner of a Trump presidency. Deutsche Bank reiterates Spotify as buy Deutsche said it's bullish heading into the streaming company's earnings report on November 12. JPMorgan downgrades Super Micro to underweight from neutral JPMorgan downgraded the stock following earnings citing too much regulatory uncertainty.

Persons: Bernstein, Apple, Goldman Sachs, Goldman, YUMC, Wedbush, Tesla, Trump, Jefferies, Raymond James, it's, Wells, BURL, Oppenheimer, TD Cowen downgrades Brown, Forman, Cowen, Needham, revs, Ferrari, it's bullish, Mizuho, Monness Crespi Hardt, Snowflake Organizations: Nvidia, JPMorgan, KFC, Trump, Ryman Hospitality, Citi, GE Healthcare, General Electric, Barclays, Tencent, Entertainment, Deutsche Bank, Spotify, Deutsche, Nike, Burlington, GAP, Super Micro, Services, UBS, Ferrari, Data Center, 2027E, Bank of America, of America Locations: China, 2Q24, Snowflake

☆ Chanel stages dreamy resort collection in Hong Kong
▼ + stars: | 2024-11-06 | by ( Stephy Chung | ) edition.cnn.com time to read: +3 min

The fashion house staged its two runway shows — one in the afternoon, and one at night — at the Hong Kong Design Institute (HKDI). Anthony Kwan/Getty ImagesDesigned by the brand’s artistic director Virginie Viard, before her departure in June, the collection featured dozens of looks. Anthony Kwan/Getty ImagesThe runway was spread across two floors of the Hong Kong Design Institute. But the label’s decision to restage the presentation in Hong Kong signals the brand’s continued efforts to court Asian clientele amid a wider luxury market slowdown. Anthony Kwan/Getty ImagesBack in June, Viard announced she was exiting Chanel after serving as its artistic director of fashion collections for five years.

Persons: Hong Kong CNN — Chanel, ”, Penélope Cruz, Chow Yun, Angela Yuen, Chanel, Anthony Kwan, Virginie Viard, Yuen, Benjamin Voisin, Billy H.C, Kwok, Louis Vuitton, Viard, Karl Lagerfeld’s Organizations: Hong Kong CNN, Hong Kong, Hong Kong Design Institute, Reuters, Chanel Locations: Hong Kong, Hong, French, Marseilles, France, China

The dead included eight women and six children, according to a list provided by the Gaza Health Ministry’s emergency service. Separate strikes elsewhere in Gaza early Tuesday killed another 10 people, according to health officials. Israeli troops raided Kamal Adwan Hospital last month, saying Hamas militants were sheltering there, allegations denied by Palestinian health officials. A cloud of smoke follows an Israeli strike in Beit Lahia on Monday. Palestinian officials said a separate wave of Israeli strikes early Tuesday killed 10 people, including four children and two women.

Persons: Hossam Abu Safiya, Kamal Adwan, Biden Organizations: AFP, Getty, Health, Aqsa Martyrs Hospital, Associated Press, Hamas, Health Ministry Locations: Gaza, Israel, Beit Lahiya, Beit Hanoun, Gaza City, Beit Lahia, Tufah, Zuweida, Al, Aqsa, Deir, Deir al

☆ Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console
▼ + stars: | 2024-11-05 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

Nintendo on Tuesday cut forecast for Switch sales for its fiscal year ending March 2025 as demand wanes for its ageing console. The operating profit outlook for the period was slashed from 400 billion yen to 360 billion yen. Here's how Nintendo did in its fiscal second quarter ended Sept. 30 versus LSEG estimates:Revenue : 276.7 billion Japanese yen ($1.8 billion), compared with 273.34 billion yen expected. : 276.7 billion Japanese yen ($1.8 billion), compared with 273.34 billion yen expected. Net profit: 27.7 billion yen, versus 48.06 billion yen expected.

Persons: Mario Organizations: NINTENDO, Universal Studios Hollywood, Nintendo, Revenue Locations: Universal City , California

☆ How tech stocks could fare under a Harris or Trump administration
▼ + stars: | 2024-11-05 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

They have also considered the impact of potential tariffs proposed by former President Donald Trump. Some on Wall Street view a Harris win as a potential obstacle for antitrust and megacap technology stocks. "Regulatory scrutiny will probably help a lot of M & A activity under Trump — Harris, it'll be a little more of the status quo," said Jay Woods, chief global strategist at Freedom Capital Markets. This could "slow the pace of the AI revolution," he said in a recent post to X that also called a Harris win "more bullish" for the industry. Some investors also view Tesla as a likely winner under a Trump administration, given CEO Elon Musk's close ties to the former president.

Persons: Kamala Harris, Donald Trump, Roger McNamee, Harris, Trump, Trump — Harris, it'll, Jay Woods, McNamee, Vivek Arya, Joe Rogan, Arya, Ed Mills, Raymond James, of America's Brad Sills, Raymond James ' Mills, Dan Ives, Trump's, Tesla, Elon Musk's, Capital's, Wolfe, Chris Senyek Organizations: Elevation Partners, Tech, Antitrust, Google, Justice Department, Trump, Freedom Capital, Bank of America, PHLX Semiconductor, Democrat, Republican, SOX, Devices, Qualcomm, Nvidia, Broadcom, Texas Instruments, Intel, of America's, Microsoft, Oracle, Wedbush Securities, Investors Locations: stoke, Taiwan, China, Washington

☆ Stocks making the biggest moves premarket: Trump Media, Hims & Hers, Palantir and more
▼ + stars: | 2024-11-05 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +5 min

Palantir reported 10 cents earnings per share on $726 million in revenue. On the other hand, NXP's third-quarter earnings beat analysts' expectations by 2 cents per share, while its $3.25 billion revenue was in line with estimates. Hims & Hers Health — The telehealth stock popped 7.2% after third-quarter earnings exceeded expectations of analysts polled by FactSet on both lines. On the other hand, the company's $3.19 billion revenue missed estimates of $3.20 billion. Marqueta's $128 million revenue was just shy of the $128.1 million consensus from FactSet.

Persons: Donald Trump, Palantir, Rick Dreiling, Michael Creedon, FactSet, LSEG, Burger King, machinists, Astera, — CNBC's Michelle Fox, Alex Harring, Hakyung Kim, Yun Li, Sarah Min, Pia Singh Organizations: Trump Media & Technology, Republican, White, LSE, NXP, Wynn Resorts, Lattice Semiconductor, DuPont de Nemours, Restaurant, Burger, LSEG, Revenue, Diamondback Energy, Boeing —, Labs, Deutsche Bank, UBS, Deutsche Locations: Netherlands, Americas, Europe, San Francisco, Cleveland, Wells Fargo

☆ A booming Montana city's struggle with homelessness is a warning — and a model — for the West
▼ + stars: | 2024-11-05 | by ( Eliza Relman | ) www.businessinsider.com time to read: +8 min

AdvertisementHousing costs and the homeless population have soared in the Western Montana city of Missoula this year. Between 2021 and 2023, the city's two main shelters saw a 53% increase in the number of nights of shelter provided to Missoulans experiencing homelessness. Advocates for those experiencing homelessness say there's much more work to be done. Local lawmakers say the city needs more state and federal funds to aid those experiencing homelessness. Building more housing is key to solving homelessnessAffordability is at the root of homelessness in Missoula and across the US.

Persons: —, Jill Bonny, they're, Bonny, It's, Eliza Relman, Bob Campbell, Campbell, who's Organizations: Service, Poverello Center, Sun, Poverello, New Hope Ministries, Business, Marine Corps Locations: Missoula, Western Montana, Montana, It's

☆ The Orient Express is plotting a comeback as the ultra-rich ditch luxury brands for travel
▼ + stars: | 2024-11-05 | by ( Maria Noyen | ) www.businessinsider.com time to read: +5 min

Dubbed La Dolce Vita, the new Orient Express trains will start operating in Spring 2025. Travel agent Julia Carter, founder of the luxury travel agency Craft Travel, said unique experiences are higher on the priority list of wealthy vacationers than ever. Itineraries on La Dolce Vita Orient Express start at $3,800 for a one-night stay. Courtesy of Orient Express ItalyUnlike cruise travel, luxury train travel is also more exclusive, another top priority among wealthy travelers. "People want the luxury of space and privacy," Craft, the luxury travel agent, said.

Persons: Vita, —, Amrita Banta, Julia Carter, Carter, Georges Nagelmackers, Agatha Christie, Dame Judi Dench, Kenneth Branagh, Buyenlarge, Samy Ghachem, La Dolce, COVID, let's, Ghachem, it's Organizations: Orient Express, Service, Research, Strategy, McKinsey & Company, Craft Travel, Orient, The Orient Express, Dolce Vita, Dolce Vita Orient Locations: Italy, China, Singapore, Thailand, Japan, Belgian, Paris, Istanbul, Sicily, Asia, Africa, Orient Express Italy

☆ CHART: Big Tech is going wild on AI spending next year and beyond
▼ + stars: | 2024-11-05 | by ( Eugene Kim | ) www.businessinsider.com time to read: +3 min

Amazon, Google, Meta, and Microsoft are expected to churn through $300 billion in capex next year. The spending spree is driven by generative AI and LLM opportunities, says Morgan Stanley. Earlier this year, Bernstein forecast Big Tech capex of more than $1 trillion over five years. Related storiesRelated Video How tech layoffs could affect the economyIn Morgan Stanley's new estimates, Amazon saw the largest increase in future spending. In 2026, Amazon capex will climb even higher, to $105 billion, according to Morgan Stanley estimates.

Persons: Morgan Stanley, Amazon's, —, Bernstein, Morgan Stanley's, Andy Jassy, We've, Jassy Organizations: Google, Microsoft, Service, Big Tech, Tech, Amazon Locations: capex

☆ DuPont's biggest businesses get stronger and a key catalyst may arrive sooner than thought
▼ + stars: | 2024-11-05 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Operating EBITDA of $857 million in the quarter came in ahead of the $818 million consensus, according to FactSet. DuPont's performance on profitability metrics shined, with the better-than-expected operating EBITDA and earnings results for the quarter compounded by an increase to management's full-year outlook on both metrics. Quarterly results Another reason to look past the light water-and-protection sales: Operating margins at both of the core business units were ahead of expectations. For the electronics-and-industrial segment, management said operating EBITDA was helped, in part, by increased volume gains along with savings from productivity and restructuring actions. The operating EBITDA guide was raised to about $3.125 billion, up from a prior range of $3.06 billion to $3.11 billion.

Persons: we've, EBITDA, aren't, It's, Ed Breen, DuPont, —, Jim Cramer's, Jim Cramer, Jim, Jeff Fusco Organizations: DuPont, Club, PPG Industries, Management, Analysts, CNBC Locations: China, Wilmington , Delaware

Mobile phones in Barcelona issued an alert over “extreme and continued rainfall” on the southern outskirts of the city. Several major roads have been closed due to flooding. Classes were cancelled in Tarragona, a city in southern Catalonia about halfway between Barcelona and Valencia, after a red alert for rains was issued. Meanwhile, in Valencia, the search continued for bodies inside houses and thousands of wrecked cars strewn in the streets, on major roads, and in canals that channelled last week’s deluge into populated areas. Citizens, volunteers and thousands of soldiers and police officers are helping in the gargantuan clean-up effort of mud and debris.

Persons: Oscar Puente Organizations: Spanish, Mobile, Citizens Locations: Spain, Valencia, Barcelona, Catalonia, Puente, Barcelona’s, Tarragona

☆ Israel officially informs U.N. of end to relations with Palestinian relief agency
▼ + stars: | 2024-11-04 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

Israel has officially notified the United Nations that it was cancelling the agreement that regulated its relations with the main U.N. relief organization for Palestinian refugees (UNRWA) since 1967, the country’s foreign ministry said on Monday. A Palestinian man carries a bag of flour distributed by UNRWA in Deir al Balah, central Gaza on Saturday. The ban does not refer to operations in the Palestinian territories or elsewhere. The legislation does not directly outlaw UNRWA’s operations in the West Bank and Gaza, both considered by international law to be outside the state of Israel but under Israeli occupation. The Israeli foreign ministry said activity by other international organizations would be expanded and “preparations will be made to end the connection with UNRWA and to boost alternatives to UNRWA.”

Persons: Israel, Abdel Kareem Hana, Israel’s U.N, Danny Danon, ” Organizations: United, West Bank, UNRWA, United Nations Locations: United Nations, Israel, Gaza, Deir al Balah

☆ Ukraine is facing serious problems in the east, where Russia's forces are grinding forward
▼ + stars: | 2024-11-04 | by ( Chris Panella | ) www.businessinsider.com time to read: +8 min

Ukraine is facing a grim outlook along sectors of the front, especially in the east. AdvertisementRussia's grinding offensive operations have been gaining momentum in eastern Ukraine as challenges for the defenders mount. Ukraine's shocking invasion of Russia's Kursk region briefly took the focus off the fighting in the Donbas, but now Ukraine is losing ground both inside Russia and at home. Ukraine faces severe manpower shortages as its forces are stretched line across the front lines. Despite heavy losses, Russia has continued its momentum on Ukraine's eastern front.

Persons: Kyiv's, it's, —, Ukrainian Armed Forces Oleksandr Syrskyi, YASUYOSHI CHIBA, Patrick Ryder, Michael Kofman, Jack Watling, Watling, Serhii Mykhalchuk, what's, Kofman, Trump, Mario Tama, Donald Trump, Kamala Harris, Harris, she'd, Ukraine's Organizations: Service, Ukrainian Armed Forces, Getty, Pentagon, Ukraine Russia's, Carnegie Endowment, International Peace, Royal United Services Institute, Foreign Affairs, Russian Defense Ministry Press Service, AP, Ukrainian National Security and Defense Council, Ukrainian Air Force, New York Times, Kyiv, Republicans Locations: Ukraine, Russia, Russia's Kursk, Donetsk, AFP, Kursk, Washington, Kyiv

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