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Holger Schmieding, chief economist at Berenberg, noted that the three coalition partners have been acting "as if they were preparing to campaign against each other soon." Separately, the Green party's Robert Habeck, who is Germany's economy minister, proposed a policy plan to stimulate business investment that was criticized by the FDP. The Lindner paperAnother escalation took place on Friday, when Finance Minister Christian Lindner published a paper about reviving the struggling German economy. "The paper reads like a serious attempt to analyze Germany's problems and propose solutions. A hotly contested budgetA recent key issue within the coalition has been Germany's budget for 2025 — a topic that also features heavily in Lindner's paper.
Persons: Christian Lindner, Robert Habeck, Olaf Scholz, Sean Gallup, Chancellor Olaf Scholz's, Carsten Brzeski, Holger Schmieding, Scholz, Lindner, Greg Fuzesi, Morgan, Fuzesi, Berenberg's Schmieding Organizations: Climate, Bundestag, Getty, Chancellor Olaf Scholz's Social Democratic Party, SPD, Greens, Free Democratic Party, ING, FDP, Green, ZDF Locations: Berlin, Germany
Benefits of a joint credit cardA joint credit card can offer various benefits, particularly for couples, close friends, or family members. How to apply for a joint credit cardUnderstanding eligibility criteria and the necessary documentation is the first step in your joint credit card journey. Application process and requirementsApplying for a joint credit card is, for the most part, the same as applying for a credit card as an individual. Best practices for resolving disputes over joint credit card expensesOpening a joint credit card can lead to stressful — and expensive — disagreements if you and the co-cardholder aren't on the same page. Frequently asked questions about joint credit cardsCan joint credit cards affect both credit scores?
Persons: , You'll, cosigning, Eric Rosenberg, Eric, Read, Meghan Hunter Meghan Hunter, Guy, she's, Meghan Organizations: Apple, U.S . Bank, Finance Locations: Chevron, Ventura , California, Portugal
According to Moldova’s Central election commission, with 100% of votes counted, Sandu had 55% of the total. Its leader, a regular visitor to Russia, met with Russian President Vladimir Putin in March. In his congratulatory note to Sandu Monday, US President Joe Biden declared “Russia failed” in its attempt to undermine Moldova’s democracy. Meanwhile, Ukraine is breathing a sigh of relief at the results of Moldova’s election. If Russia’s gains turn from tactical to strategic, Moldova faces a threat much bigger than election interference.
Persons: Maia Sandu, Sandu, Alexandr Stoianoglu, Konstantin Kosachev, Andrey Klishas, , , Vadim Ghirda, Vladimir Putin, Joe Biden, Vladislav Culiomza, Volodymyr Zelensky Organizations: CNN, EU, Moldova’s, Moldovan, Kremlin, European Union, AP, “ Russia, Reuters Locations: Moscow, Russia, Moldova, Russian, Chisinau, upending, Ciopleni, AP Russia, Transnistria, Ukraine, Donbas, Moldova’s, Gagauzia, Sandu, EU, Georgia, trepidation, Romanian
The new Ford F-150 truck goes through the assembly line at the Ford Dearborn Plant on April 11, 2024 in Dearborn, Michigan. DETROIT — Ford Motor on Monday reported a 15.2% increase in U.S. new vehicles sales last month compared with subdued levels due to a union strike in October 2023. The automaker's sales gain outpaced the industry's estimated increase of 10% last month compared with a year earlier. Sales of hybrid vehicles, which Ford has been emphasizing amid a slower-than-expected adoption of electric vehicles, were up 38.5% last month compared to October 2023, Ford said. Its EV sales were down by 8.3%, while sales of traditional vehicles with internal combustion engines were up 14.1%Ford's EV sales remain up 38.2% for the year through October compared with the same timeframe in 2023.
Persons: Ford, EVs Organizations: Ford, Ford Dearborn Plant, United Auto Workers, EV, Ford's Locations: Dearborn , Michigan, DETROIT
“It could completely reshape our understanding of the solar system and of other planetary systems, and how we fit into that context. Brown and his colleague, planetary scientist Konstantin Batygin, reported having strong evidence of a hidden planet on the fringes of our solar system. “If you look at these bodies, their lifetimes are tiny compared to the age of the solar system,” Batygin said. “By now, we expected to have found many more of these extreme trans-Neptunian objects,” Sheppard said in an email. Finding a smaller planet would also spark excitement, Rice added, because every solar system planet is immensely useful for extrapolating information about the thousands of comparable exoplanets that researchers are uncovering across the galaxy.
Persons: Mike Brown, Pluto, , Brown, Pluto’s, Malena Rice, ” Rice, Konstantin Batygin, Neptune, they’ve, Brown’s, , we’re, Scott Sheppard, Chadwick Trujillo, Trujillo, ” Brown, Batygin, ” Batygin, Patryk Sofia Lykawka, ” Lykawka, Lykawka, Rice, Hur, Renu Malhotra, Malhotra, Sheppard, ” Sheppard, ” Malhotra, she’s, “ It’s, Sigurd Naess, ” Naess, Vera C, Rubin, That’s Organizations: CNN, Caltech, NASA, Johns Hopkins University Applied Physics Laboratory, Research, International Astronomical, ESA, Yale University, Getty, California Institute of Technology, Planet Nine, Carnegie Institution for Science, Northern Arizona University, Sheppard, Kindai University, Rice of Yale University, University of Arizona, Survey Telescope, Theoretical Astrophysics, University of Oslo, US National Science Foundation, Stanford University, Rubin, Rubin Observatory, Nine Locations: Pasadena , California, AFP, Washington ,, Japan, Neptune, Hawaii, Chile, Norway
Boeing workers vote to accept deal, end strike
  + stars: | 2024-11-04 | by ( Chris Isidore | ) edition.cnn.com   time to read: +7 min
New York CNN —Striking workers at embattled plane maker Boeing voted Monday to accept the company’s most recent offer, ending the costliest strike in the United States in more than 25 years. The International Association of Machinists (IAM) said rank-and-file members voted by 59% to approve the deal. But the deal did not restore the traditional pension plan they lost in 2014 from their previous labor deal. But despite the deep financial problems, Boeing had little choice but to settle the strike and get the workers back on the job. Boeing’s economic impactDespite its problems, Boeing is still a major contributor to the US economy, as it is the largest American exporter.
Persons: Boeing’s, “ I’m, , Jon Holden, , Holden, Kelly Ortberg, Workers ’, It’s, ” Holden, We’ll, they’ve, Ortberg Organizations: New, New York CNN —, Boeing, International Association of Machinists, IAM, ” Boeing, Workers, ” Companies, Research, Anderson Economic Group, Labor, Alaska Airlines Locations: New York, United States, Michigan
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEach month of Boeing's strike pushes out 737 production peak by 9-12 months: BofA's Ron EpsteinRon Epstein, Bank of America Global Research aerospace and defense analyst, joins 'Squawk Box' to discuss the state of Boeing's union contract vote, economic impact of the machinist strike, and more.
Persons: BofA's Ron Epstein Ron Epstein Organizations: Bank of America Global Research
Two Ohio police officers were charged with reckless homicide in the death of a Black man who pleaded, "I can't breathe," during a police encounter, authorities announced Saturday. Stone said he presented a grand jury with the results of an Ohio Bureau of Criminal Investigation probe into Tyson's death, which the agency completed in August. Tyson says multiple times, "I can't breathe." Tyson says again, “I can’t breathe. He also pleaded, "I can't breathe," as an officer held him in a chokehold.
Persons: Camden Burch, Beau Schoenegge, Frank E, Tyson, Kyle L, Stone, Burch, Schoenegge, Craig M, Riley, He's, , George Floyd, Eric Garner, Bobby DiCello, John Tyson, “ It’s, Organizations: Ohio, Canton, NBC, Criminal, of Police Ohio Labor, Gold Unit, Canton Police Department, Minneapolis, New York City Locations: Stark County, Cleveland, Canton, New
CNN —Furniture giant IKEA has agreed to pay 6 million euros ($6.5 million) towards a government fund compensating victims of forced labor under Germany’s communist dictatorship, in a move campaigners hope will pressure other companies to follow. Political as well as criminal prisoners in Germany during the Cold War era were forced to build flatpack furniture for IKEA. IKEA representatives at the time were likely aware that political prisoners were being used to supplement labor, the report found. Sven Hoppe/picture-alliance/dpa/AP“After it became known that the company was involved in forced prison labor, IKEA accepted our invitation to talk. According to UOGK, IKEA is one of many companies that benefitted from forced prison labor in communist Germany.
Persons: Ernst, Young, Andreas Hampel, East Germany’s, Walter Kadner, , , Dieter Dombrowski, UOGK, Sven Hoppe, ” Dombrowski, Rainer Wagner, Evelyn Zupke Organizations: CNN, IKEA, German Democratic, Getty, Union of Victims ’, of Communist, IKEA Germany Locations: Germany, East Germany, Soviet Union, German Democratic Republic, Rothensee, IKEA Germany, GDR, Eching, Bavaria
water systems to remove fluoride from public water." Trump also said Kennedy would have a big role crafting public health policy in any Trump administration. Fluoride is naturally occurring in almost all water sources, and some is added to public water to help prevent cavities, according to the Centers for Disease Control and Prevention. The Trump campaign did not immediately respond to CNBC's request for comment on the fluoride remark. Last weekend, insult comedian Tony Hinchcliffe called Puerto Rico a "floating island of garbage," which the Trump campaign distanced itself from.
Persons: Robert F, Kennedy Jr, Donald Trump, Trump, Dasha Burns, Kennedy, Tony Hinchcliffe, Joe Biden, Sen, Tim Scott Organizations: Republican, NBC News, Trump White, U.S, Centers for Disease Control, CDC, American Dental Association, Trump, Voters, Union Locations: Duluth , Georgia, U.S, Trump, Puerto Rico, Michigan, Ohio, Wisconsin, Pennsylvania, Georgia, North Carolina
China's Premier Li Qiang to speak at import expo in Shanghai
  + stars: | 2024-11-03 | by ( ) www.cnbc.com   time to read: +1 min
Li Qiang, China's premier, delivers a special address on the opening day of the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. China's Premier Li Qiang will deliver remarks at the opening ceremony of this week's China International Import Expo, the Chinese commerce ministry said on Sunday, as Beijing seeks to show the faltering economy is open for business. Leaders from Malaysia, Uzbekistan, Slovakia, Kazakhstan, Mongolia and Serbia are among those expected for the opening ceremony and other events at the seventh import expo, which runs from Tuesday to Saturday in Shanghai, the foreign ministry said. Launched by President Xi Jinping in 2018, the expo this year is an opportunity to showcase China's opening up and reform agenda, as the world's second-largest economy faces growing global trade barriers and domestic challenges. The European Union plans to send representatives to the country soon for more negotiations regarding price commitments in their ongoing EV tariff dispute.
Persons: Li Qiang, Xi Jinping Organizations: Economic, China, European Union Locations: Davos, Switzerland, China, Beijing, Malaysia, Uzbekistan, Slovakia, Kazakhstan, Mongolia, Serbia, Shanghai, United States, Europe
Harris and Trump are campaigning in swing states as they make their final appeals to voters. AdvertisementWith Election Day on Tuesday, the end is in sight for what has been a contentious US presidential race between Vice President Kamala Harris and former President Donald Trump. It wasn't long before Harris began to narrow the gap between the Democrats and the GOP in the presidential race. Now, millions of women live in states with near-total abortion bans, while millions of other women live in states where abortion rights have been strengthened. In the closing days of the race, Harris has heavily emphasized the issue, which also helped Democrats in the 2022 midterms.
Persons: Harris, Trump, , Kamala Harris, Donald Trump, Joe Biden, Biden, Brandon Bell, Barack Obama, ANGELA WEISS, Roe, Wade Organizations: Service, Democratic, Democratic Party, GOP, Congressional, Getty Images, Nebraska's, Nebraska's Omaha, Sun, Biden, Trump, Getty, New York Times, Siena College Locations: Michigan, Pennsylvania, Wisconsin, Getty Images Michigan, Arizona, Georgia, Nevada, North Carolina, United States, Siena
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
The clock is ticking on the New York Times’ iconic election needle. The New York Times Tech Guild announced that its members will go on strike on the eve of one of the most critical elections in the nation’s history if an agreement isn’t reached on a contract as soon as possible. The NYT Tech Guild comprises about 700 tech workers, including software engineers, designers, product managers and data analysts who build the newspaper’s most profitable products — like its website, podcasts and games. The New York Times has not responded to a request for comment. Much of the New York Times’ homepage on election night is dominated by graphics and other visual components, including the famous Needle, a data visualization that resembles a car’s speedometer.
Persons: isn’t, , Kamala Harris, Donald Trump Organizations: New York Times, New York Times Tech Guild, NYT Tech, Times, The New York Times
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
Badenoch defeated Robert Jenrick in a vote of party members by 53,806 votes to 41,000, after a months-long contest to replace Rishi Sunak as leader. Her task now is to revive a party still coming to terms with its worst ever election result. A contentious campaignTwo Conservatives contested this election, but many in the Labour party feel like they won it. Kemi Badenoch is congratulated by her husband Hamish, Robert Jenrick and wife Michal Berkner after winning the Conservative Party leadership contest on Saturday. On policy, however, Badenoch is sure to drag the opposition party to the right.
Persons: CNN — Britain’s, Kemi Badenoch, Badenoch, Robert Jenrick, Rishi Sunak, She’s, Keir Starmer, ” Badenoch, Liz Truss, Sunak, Jenrick, Hamish, Michal Berkner, Dan Kitwood, Nigel Farage, Brexiteers, , ” Starmer’s Organizations: CNN, Conservative Party, Labour, Tory, Conservatives, Conservative, Spectator, Reform, Britons, Liberal Democrats, BBC, European Union, European, Human, Starmer Locations: British, , Britain, Nigerian, Nigeria, McDonald’s, Badenoch, Europe, Rwanda
If other Kremlin-friendly parties swing their support behind him, the second round will be extremely close. Both the Kremlin and Shor have denied interference, but Moldovan officials have warned the second vote could also be targeted by similar schemes. He has called for a “reset” of relations with Moscow and said he would be willing to meet Russian President Vladimir Putin, while maintaining he is committed to joining the EU. As a result, his platform is a mix of contradictory policies, said Samurokov: “You either support European integration, or you want to promote cooperation with Moscow. Evgenia Novozhenina/ReutersStill, Moldovan officials are braced for a second round of voting marred by pro-Russian meddling.
Persons: Maia Sandu, Sandu, Alexandr Stoianoglo, Sandu –, Moscow –, Stoianoglo, Vladislav Culiomza, Reuters Sandu, Valeriu Pasha, Ilan Shor, Shor, ” Maksim Samorukov, Sandu’s, , Vladimir Putin, Evgenia Novozhenina, ” Pasha, Volodymyr Zelensky, Organizations: CNN, European Union, EU, Russian Party of Socialists, World Bank, Moscow, Reuters, Reuters Analysts, Carnegie Russia Eurasia Center, Communist Locations: Soviet, Europe, Moldova, European, Ukraine, Harvard, Chisinau, Russian, Russia, Moscow, Transnistria, Georgian, , Georgia
SHAWN THEW/Pool via REUTERSVice President Kamala Harris on Saturday criticized House Speaker Mike Johnson for suggesting that Republicans may try to repeal the CHIPS and Science Act if they win Congress, a remark he has since tried to walk back. "I also want to speak to the comments that have been recently made by the speaker of the House," Harris said in Milwaukee to a group of reporters. Now to get rid of the CHIPS Act," she added. Speaker Johnson, R-La., made the comment at a Friday campaign event in New York for House Rep. Brandon Williams, R-N.Y., a vulnerable GOP candidate in one of the most closely watched House races of this election cycle. The CHIPS Act passed Congress with bipartisan support in 2022.
Persons: Mike Johnson, Kamala Harris, Joe Biden's, SHAWN THEW, Harris, Donald, We've, Johnson, Brandon Williams Organizations: REUTERS, Affordable, House Rep, GOP Locations: Washington , DC, USA, Milwaukee, New York
The streets were full of people walking to procure basic supplies with their cars ruined and the streets undrivable because of the mud and debris. Spain’s Interior Ministry said in a statement that regional administrations are responsible for sending alerts to warn the population of possible flooding and other natural disasters. Mazón is also under fire for his announcement at 1:00 p.m. on Tuesday that the storm front would “lose strength” by 6:00 p.m. The size and violence of the extreme weather event was shocking and extremely difficult for any administration to prepare for and predict. But Valencia, on Spain’s Mediterranean coast, has a history of autumn storms that produce floods, albeit at a smaller magnitude than this monster of a storm.
Persons: , Carlos Mazón Organizations: Union, Popular Party Locations: Spain, Valencian, Valencia
Charlotte Kates, a New Jersey native and Rutgers Law School graduate who co-founded the pro-Hamas organization Samidoun, has become the focus of an ongoing legal debate: When does free speech cross the line into breaking federal anti-terrorism laws? Germany banned the organization last November, and Israel designated it a terrorist organization in 2021. Kates’ open support of terrorist organizations puts her in the middle of a growing legal dispute: When does free speech cross the line into breaking federal anti-terrorism laws? “As far as I’m concerned, this is legitimate political advocacy, unpleasant as it may be.”What is ‘knowingly’ coordinating with a terrorist organization? “You don’t have a right to pick and choose which law to follow.”Not all federal law enforcement experts agree with Burns’ approach.
Persons: Charlotte Kates, Kates, , ” Kates, Samidoun, Tom Petrowski, ” Petrowski, Dr Basem Naim, Odysee Petrowski, David Goldberger, Goldberger, , , Basem Naim, Naim, Israel “, Andrew Lichtenstein, they’re, John Roberts, Stephen Breyer, Sonia Sotomayor, Ruth Bader Ginsburg, “ We’re, “ It’s, Frank Figliuzzi, ” Figliuzzi, Daniel Richman, webinars, ” Richman, “ Definitionally, Khaled Barakat, Barakat, ” Samidoun, Lara Burns, Burns, George, ” Burns, Barbara McQuade, ” McQuade, McQuade, webinar Organizations: Rutgers Law School, NBC News, Treasury, Canadian, Republican, Justice Department, FBI, Civil, Terrorism Task Force, Hamas, Samidoun, Odysee, Palestine Islamic, American Civil Liberties Union, YouTube, , Columbia University, Supreme, Kurdistan Workers ’ Party, Liberation Tigers, NBC, Columbia, Treasury Department, Front, Liberation, PFLP, Palestine, Palestinian, Columbia University Apartheid, World Trade, Patriot, Brandenburg, Land Foundation, George Washington University’s Program, Extremism, Islamic State, Eastern, Eastern District of Locations: New Jersey, Vancouver , British Columbia, U.S, South Africa, Germany, Israel, Vietnam, Dallas, Palestine, American, Skokie , Illinois, New York, Chicago, New York City, Kurdistan, Tamil Eelam, webinars, Swiss, Instagram, Brandenburg v . Ohio, Texas, Eastern District, Eastern District of Michigan
New York CNN —More than 30,000 Boeing workers will vote again Monday on whether or not to end a crippling seven-week strike. The deal is not significantly different from an offer rejected by nearly two-thirds of membership just over a week ago. And it happened 10 years ago at Boeing, when about two-thirds of members rejected an offer that ended the pension plan. Despite its many problems, Boeing is a major force in America economy, and it is the largest American exporter. Ending the strike is important for Boeing’s new CEO, Kelly Ortberg, who started in the job just five weeks before the strike began.
Persons: it’s, , , John Deere, “ It’s, Brandon Felton, we’ve, Jon Holden, haven’t, ” Holden, you’ve, , hasn’t, Lindsey Wasson, Holden, What’s, Max fuselages, David Ryder, they’ve, Kelly Ortberg, Ortberg, “ Ortberg Organizations: New, New York CNN, Boeing, International Association of Machinists, Labor, ” Union, United Auto Workers, CNN, IAM, , Anderson Economic Group, Anderson, Reuters, Alaska Airlines Locations: New York, Michigan, Seattle, America
Watching rates: Friday's job report caused volatility in the bond market, but not in the way you might think. But the negative revisions of 112,00 jobs over the prior two months was a sign that the job market has lost some of its momentum. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, you've, Jim Cramer's, Jim Organizations: CNBC, ., Apple, Citi, Microsoft, Meta, Boeing, Markets, Treasury, DuPont, Jim Cramer's Charitable, Trucks, Bloomberg, Getty Locations: Carlstadt , New Jersey, U.S
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The 12-month inflation rate was 2.1%. The core inflation rate, which excludes food and energy prices, came in at 2.7%. Big Tech drags down marketsMajor U.S. indexes slumped on Thursday, weighed down heavily by losses in Big Tech shares.
Persons: Dow Jones, Europe's, Jesse Pound Organizations: CNBC, U.S . Commerce Department, Big Tech, U.S, Apple, Amazon, Boeing, Bank of America Locations: U.S, Cupertino
The company posted earnings of $1.88 per share, excluding items, on revenue of $52.28 billion. Analysts polled by FactSet called for adjusted earnings per share of $1.62 on revenue of $50.90 billion. Intel — Shares popped 9% after the chipmaker topped third-quarter earnings estimates and shared upbeat quarterly guidance. The company posted adjusted earnings of 17 cents per share on $13.28 billion in revenue. Chevron also returned a record of more than $7 billion to shareholders in the quarter through buybacks and dividends.
Persons: Health —, Cardinal, FactSet, Atlassian, Donald Trump, Ernst, Ernst & Young, Avis, , Alex Harring, Brian Evans, Michelle Fox Theobald, Sean Conlon, Samantha Subin Organizations: Health, Boeing —, Intel, Amazon, Web Services, Apple —, Trump Media & Technology Group, Communications, Abbott Laboratories, Abbott, Ernst &, Avis Budget, LSEG, Chevron Locations: Europe, buybacks
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Big Tech drags down marketsMajor U.S. indexes slumped on Thursday, weighed down heavily by losses in Big Tech shares. While the company's cloud division missed revenue expectations, it's growing faster than it had in the same period last year. CNBC Pro checked in with Teng again to find out how his picks have performed, and if he has changed his mind on the stocks he's betting on.
Persons: Kevin Teng, Teng Organizations: CNBC, Big Tech, U.S, Japan's Nikkei, CSI, Apple, Amazon, P Global, PMI, Boeing, Wrise Private Singapore Locations: Asia, Pacific, Cupertino, China
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