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Dwayne Johnson's goal was once to be a bigger star than George Clooney and Will Smith. GQ reported Johnson fired agents who didn't agree with his ambition. AdvertisementDwayne Johnson said he used to hope he would be a bigger star than George Clooney or Will Smith. From 2012 to 2020, Johnson appeared on Forbes' highest-paid actor list, and above Smith and Clooney in 2016, 2019, and 2020. "You reach a point in life where on the other side of running, it's the stuff you love," Johnson said.
Persons: Dwayne Johnson's, George Clooney, Will Smith, Johnson, , Dwayne Johnson, Zach Baron, Clooney, Smith, Gabe Ginsberg, I'm Organizations: GQ, Service, IMDB Pro, Forbes Locations: Canada
Good friends help each other get better business deals, just like Martha Stewart and Snoop Dogg. Stewart told The Wall Street Journal that she "learned how to negotiate even better than ever" from the rapper. They first met on "The Martha Stewart Show" in 2008, during which they made mashed potatoes together. "She presents an opportunity, we present it to a network and we make some things happen," Snoop Dogg told People in a September interview. As good friends, they also help each other get better business deals, Snoop Dogg said.
Persons: Martha Stewart, Snoop Dogg, Stewart, , They've, Martha, Snoop's, It's, Snoop, he's, Martha's Chard Organizations: Wall Street Journal, Service, Wall, VH1, Party, Business
It previously expected total sales to rise by between 2.5% and 3.5% for the year. Home Depot customers have continued to put off projects, even though they're in good financial shape, he said. It marked the eighth consecutive quarter of negative comparable sales at Home Depot, though the smallest drop since the string of declines began. Sales related to Hurricanes Helene and Milton contributed about one half a percentage point of sales growth to the quarter. Even as Home Depot reports modest growth, some investors have bet the company will see stronger sales in the near future.
Persons: Richard McPhail, They're, McPhail, Hurricanes Helene, Milton, Donald Trump, We've, Steve Madden, Skelly Organizations: CNBC, LSEG, Revenue, Home, Shoppers, Weather, Home Depot, Hurricanes, Federal Reserve, Depot Locations: Mexico City, Mexico, U.S, Texas, China, North America, Santa Claus
Deutsche Bank anticipates more tailwinds ahead for Tesla under the incoming Trump administration. TSLA YTD mountain Shares this year Musk is already making strides in his alliance with Trump. ), we see potential large terminal value benefits to Tesla's efforts in auto, robotaxi, and even humanoid robotics," wrote Yu. Yu views China as the biggest potential uncertainty for Tesla as the Trump administration touts tariffs on goods from the world's second-largest economy. A repeal of the Biden administration's Inflation Reduction Act could also benefit shares of Tesla and give it an edge over legacy automakers General Motors and Ford.
Persons: Trump, Elon's Musk, Donald Trump, bode, Edison Yu, JD Vance, Yu, Tesla Organizations: Deutsche Bank, Tesla, Trump . Deutsche Bank, Trump, White House, Biden, General Motors, Ford Locations: China
Bitcoin is trading near record levels, and Kalshi users are betting that the cryptocurrency could rise above $100,000 before the end of 2024. Kalshi data on Tuesday showed that 60% of users are betting that bitcoin could hit the $100,000 mark before January. The digital currency has rallied more than 28% since the U.S. presidential election last Tuesday. The prediction markets were volatile ahead of the election, but they were generally more bullish on Trump than traditional polling. However, odds and gambling platforms do not use methodologies used by traditional political polling, and therefore are not substitutes for political polls.
Persons: Donald Trump, Bitcoin Organizations: Commodity Futures Trading Commission, Trump, Metrics
Miller was a powerful White House aide in Trump’s first term, authoring much of his most fiery scripted rhetoric as a speechwriter. Yet despite these draconian visions, there’s uncertainty about how far Trump will go in his deportation program and whether it matches his dystopian speeches. Many Democrats and Republicans could agree on Trump’s vow to start by deporting criminal undocumented migrants — the easiest part of his plan. Trump’s critics and vulnerable undocumented migrants, however, will find little in the president-elect’s new staff picks to offer them comfort. In every incoming presidential administration, staffing is important and provides ideological clues to how a White House will act.
Persons: Donald Trump, he’s, Elon Musk, Stephen Miller, he’d, Tom Homan, Trump, Marco Rubio, CNN’s Kaitlan Collins, Rubio, Donald J, ” Rubio’s, Elise Stefanik, Mike Waltz, ” Rubio, Lee Zeldin, Zeldin, , don’t, James Comey, Susie Wiles, Homan, Miller, George W, Waltz, Donald Rumsfeld, Robert Gates . Homan, Alyssa Farah Griffin, ” Griffin, CNN’s Erin Burnett, Trump’s, there’s, , , ” Miller, Trump . Chad Wolf, ” Wolf, CNN’s Jake Tapper, Biden, Vladimir Putin, Volodymyr Zelensky’s Organizations: CNN, it’s, White, Fox News, Democratic, Republican, Republican National Convention, The New York Times, GOP, United Nations, New York, Florida, New York Rep, Environmental Protection Agency, FBI, Senate Foreign Relations, Intelligence, Harvard, Bush, Wing, Customs, Army, Trump White House, CBS, Trump, Conservative Political, Conference, Trump ., Hamas, Democratic Party, Biden Locations: Washington, Lago, Trump’s, Madison, Florida, America, China, Zeldin, Afghanistan, East, Africa, Ukraine, Gaza, Israel, Europe
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
CNN —Donald Trump is returning to the White House, and the stock market is loving it. ‘The regime change’For now, stock market investors don’t seem bothered by the jump in bond yields or these inflationary or debt concerns. “The stock market jumped for joy that the election results were definitive, thus averting a contested election. Of course, market veterans say they wouldn’t be surprised to see the stock market eventually display concern about tariffs and inflation under Trump. That could pose a number of problems for the economy and the stock market.
Persons: Donald Trump, Trump, shockwaves, , David Kotok, Stephanie Roth, Roth, ” Roth, Sau Loeb, Kamala Harris, Harris, Jeff Buchbinder, , Kotok, it’s, ” Kotok, They’re, Freddie Mac, , Ed Yardeni, Yardeni, It’s, , BTIG’s Isaac Boltansky Organizations: CNN, White, Dow Jones, stoke, Trump, Advisors, Wolfe Research, Treasury, US Treasury Department, Getty, Wall Street, LPL, Fed, Stock Locations: Big, Washington , DC, Washington
Canadian Labor Minister Steven MacKinnon has invoked federal powers to end work stoppages at the ports of Vancouver, Prince Rupert and Montreal, ordering binding and final arbitration between labor unions and ports ownership. Strike actions by unions and ports ownership lockouts had hit both coasts of the key U.S. northern trade partner. "The lockouts of the Canadian ports were causing ships to divert and contributing to congestion and delays throughout North America. Under section 107 of the Canada Labor Code, the Labor Minister can order binding arbitration to end labor disputes. Existing collective agreements will remain in place pending a new deal being reached between dockworker unions and the ports.
Persons: Steven MacKinnon, Vancouver , Prince Rupert, Prince Rupert, Vancouver and Prince Rupert, Stephen Lamar, Lamar, MacKinnon, Mackinnon Organizations: Canadian Labor, Canadian, Retail Council, Canada, CNBC, Local, U.S . Department of Transportation, American Apparel & Footwear Association, U.S . West Coast, Canada Labor, Labor, Canadian Pacific Kansas City, Canadian National Railway Co, Canada Industrial Relations Locations: Vancouver, Montreal, U.S, United States, Canada, North America
Hwang Dong-Hyuk, the director of "Squid Game," said the Emmy-winning series caused a lot of stress. AdvertisementHwang Dong-Hyuk, the director of "Squid Game," says he was so stressed while making the first season of the Emmy-winning show that he lost "eight or nine" teeth. The second season of "Squid Game" will be released on December 26, and its third installment is set to be released next year, according to Netflix. That year, "Squid Game" also earned a spot as the most-watched show, with 1.65 billion hours streamed in the first four weeks. In the same interview with BBC, Hwang said that the stress he felt creating the second season of "Squid Game" was "much greater" due to high audience expectations.
Persons: Hwang Dong, Hwang, , wasn't, Guillermo del Toro's, Seong Gi, Lee Jung Organizations: Netflix, Service, BBC, Bloomberg, Guardian, Business, Business Insider
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. If management has anything positive to say about the highly profitable segment, it "would really move the stock," Jim said. 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, we've, Jim, Evercore, Stocks, Bristol Myers, Shopify, Tyson, Okta, Jim Cramer's Organizations: CNBC, Club, Home Depot, Citigroup, Analysts, Broadcom, Google, Nvidia, Disney, Evercore ISI, Netflix
Live Nation Entertainment — Shares jumped 5% after the live music and entertainment company posted an earnings beat for the third quarter. Twilio — Shares moved 1.7% higher following an upgrade at Wells Fargo to overweight from equal weight. IAC — Shares rose 3% on news that IAC its weighing a spinoff of home improvement marketplace Angi. Shares rose more than 4% last week on the heels of the president-elect's victory. SentinelOne — Shares rose 1.6% after Deutsche Bank upgraded shares to buy from hold, saying the July outage related to CrowdStrike can help add to SentinelOne's momentum.
Persons: Elliott, Twilio, bitcoin, Robinhood, Microstrategy, Okta, — CNBC's Hakyung Kim, Michelle Fox, Lisa Han, Sarah Min, Jesse Pound Organizations: Honeywell —, Elliott Management, Honeywell, Aerospace, Automation, IAC, Trump Media & Technology, Deutsche Bank Locations: Wells
New York CNN —On Wednesday morning, conspiracy theorist Alex Jones’ notorious Infowars media empire will go up for auction in a court-mandated sale, and at least one bid is in the “seven-figure” range, a person familiar with the matter told CNN. Jones was found guilty of defamation by juries in Texas and Connecticut for using his Infowars megaphone to falsely claim the massacre was a hoax. But if “bad guys” buy Infowars, as Jones put it Monday, he’ll “keep broadcasting until they show up” after the Wednesday auction and shut down the fringe outlet. The Onion CEO Ben Collins was previously a journalist at NBC where he extensively covered disinformation and conspiracy theorists, including Jones and Infowars. The Barbed Wire, a progressive Texas-based outlet, said it had planned to bid in the Infowars auction but ultimately decided against it.
Persons: Alex Jones ’, , Jones, Sandy, , ” Jones, Infowars, Roger Stone, Donald Trump, Stone, he’ll, AJNLive, they’re, imploring, Sandy Hook, Ben Collins, Collins, Christopher Mattei Organizations: New, New York CNN, CNN, Elementary, AP, NBC, Elon, ” Representatives, Media Locations: New York, Texas, Connecticut, Infowars
Such a scenario would entail higher inflation, higher rates, and falling stock prices, Roubini predicted. "That's going to crowd economic growth, and bond yields above 5% would imply a correction of stock prices and negative impacts on the economy." AdvertisementOther experts have warned some of Trump's policies could lead to higher inflation and interest rates, with his tariff plan attracting significant criticism from economists. Some of Trump's policies — like his plans to loosen regulation — could prop up business activity and fuel growth, Roubini noted. "I think markets are still in a wait-and-see to figure out whether the policies are going to be hurting the economy," Roubini said.
Persons: Nouriel Roubini, Roubini, , Donald Trump's, Doom, prognostications, Trump, Trump's, Taylor Rogers, hin, Stocks Organizations: Service, Bloomberg, stoke, Republican National Committee, Trump, Fed, Bank of America, Dow Jones Industrial Locations: China
CNN —The Miami Dolphins snapped their three-game losing streak on Monday night, defeating the Los Angeles Rams 23-15 at SoFi Stadium in Inglewood, California. Entering Monday night’s game, the Dolphins had been 0-2 since Tagovailoa’s return, losing both games on last-second field goals. Miami Dolphins linebacker Quinton Bell forces Los Angeles Rams quarterback Matthew Stafford to fumble the ball during the first half of the game. Marcio Jose Sanchez/APDuring Monday’s game, Miami’s defense held the Matthew Stafford-led Rams out of the endzone all night, sacking the quarterback four times. “To create a wildfire all it takes is one spark,” said Miami defensive lineman Calais Campbell about ending the losing streak.
Persons: Malik Washington, Tyreek Hill, Tua Tagovailoa, Jason Sanders, , ” Tagovailoa, “ We’ve, Tagovailoa, Quinton Bell, Matthew Stafford, Marcio Jose Sanchez, ” Stafford, Joshua Karty, , Calais Campbell Organizations: CNN, Miami Dolphins, Los Angeles Rams, SoFi, NFL, Dolphins, Rams, , Buffalo Bills, Miami, AFC East, Los Angeles, Las Vegas Raiders, Patriots Locations: Inglewood , California, Miami, Los, New England
Source: NYSEThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineThe stock market is riding high on Trump's election victory. The postelection stock rally, however, is likely to stay strong for now. It's hard to go wrong following the age-old rules for investing in the stock market: Be in it for the long term, diversify and look at fundamentals like earnings and valuation.
Persons: HSI, it's, Morgan Stanley, Lisa Shalett, John Stoltzfus, Shalett, CNBC's Brian Evans, Alex Harring Organizations: New York Stock Exchange, CNBC, Dow Jones, Apple, Microsoft, Nasdaq, Dow, Republicans, Morgan, Morgan Stanley Wealth Management's, Oppenheimer Asset Management
Two US Navy destroyers came under attack by the Houthis on Monday. The destroyers USS Stockdale and USS Spruance came under fire as they were transiting the Bab al-Mandab Strait, a strategic maritime chokepoint between the Red Sea and the Gulf of Aden. The Navy repelled multiple Houthi attacks involving at least three anti-ship cruise missiles, five anti-ship ballistic missiles, and eight one-way attack drones, Pentagon Press Secretary Air Force Maj. Gen. Pat Ryder told reporters at a press briefing Tuesday. Earlier, the Houthis said they attacked the aircraft carrier USS Abraham Lincoln in the Arabian Sea and two unnamed American destroyers in the Red Sea. The attack against the destroyers on Monday marks the latest Houthi attack on Navy warships off the coast of Yemen.
Persons: , Stockdale, Spruance, Pat Ryder, Sea Ryder, Abraham Lincoln, Arleigh Burke, ENS Abu Qir, Ryder, Lincoln, 8Y4yqsAepd, Michael Erik Kurilla Organizations: US Navy, Pentagon, Service, Navy, Pentagon Press, Air Force, Sea, Egyptian Navy, . US Navy, Lincoln, US, Command, Aircraft, U.S . Central Command Locations: Iran, Yemen, Mandab, Aden, Red, Egyptian Navy El Suez, U.S, Gulf of Aden, Israel, Syria
BEIJING — China's Singles' Day shopping festival saw consumers spend more than expected in what has otherwise been a tepid retail environment, consulting executives told CNBC. "I do think for many brands it probably will have turned out a bit better than they thought, but on a low level. Probably nobody would say we hit it out of the ballpark," said Chris Reitermann, CEO of Ogilvy APAC and Greater China. Many multinational corporations that sell consumer products in China are more cautious on the market, if not struggling, Reitermann said. But he pointed out many of the companies are still "very profitable" in the country, even if their growth has slowed to the low single digits, instead of high double digits.
Persons: Major, Chris Reitermann, Ogilvy APAC, Reitermann, Alibaba, JD.com Organizations: BEIJING, CNBC, WPP China Locations: Greater China, China, GMV
The CBOE Volatility Index , known on Wall Street as the VIX, helps traders track when a market rally is actually unhealthy, said DataTrek co-founder Nicholas Colas. Monday's close for the VIX around 15 "is a healthy sign" for the temperature of the market as it advances, Colas wrote to clients. To put it succinctly: "Rallies built on an elevated VIX signal a bubble," he wrote. That's a lesson market participants learned, during the dot-com bubble of the mid- to late-1990s, he said. In the current bull market, dating back to the fourth quarter of 2022, however, the VIX has been largely "well behaved," Colas argued.
Persons: DataTrek, Nicholas Colas, Donald Trump, , Monday's, Colas, That's, Jessica Rabe, Trump Organizations: Research, 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. Separately, the estate of crypto exchange FTX sued Binance and its former CEO, Changpeng Zhao, over a "fraudulent" share deal. Some think the rally is getting ahead of itself, writes CNBC Pro's Fred Imbert. A Wall Street analyst pointed out that, according to history, one ostensibly bullish sign actually portends retreats in the near term.
Persons: FTX, Binance, Changpeng Zhao, Donald Trump, Jeremy Siegel, Siegel, Fred Imbert Organizations: CNBC, Dow Jones, NatWest, Metrics, Trust, Wharton School, University of Pennsylvania, Trump, U.S
Some bitcoin miners are giving investors an opportunity to get in on the cryptocurrency's big postelection rally. Pure play bitcoin miners have been lagging this year for a host of reasons. CLSK RIOT,MARA 5D mountain Bitcoin mining laggards have been outperforming in the the recent crypto rally Now, with bitcoin consistently reaching new records since Election Day — a trend that's expected to continue through next year — the mining laggards could be catching up, analysts say. Bitcoin mining stocks are among the best investment vehicles for investors to express their bullish outlook on bitcoin, he added, and have outperformed bitcoin itself in bull markets prior to 2024 by about 2.5x. We know, investors like miners for energy [and] AI optionality, but it's time to buy bitcoin miners for the Bitcoin trade."
Persons: MARA, Mike Colonnese, Wainwright, TeraWulf, Bernstein, Gautam Chhugani, Riot, CleanSpark, Iren, Trump, Biden, — CNBC's Michael Bloom Organizations: bitcoin, BTC, H.C, CNBC, Mara Holdings, Energy Locations: Marathon, U.S
CNN —English Premier League (EPL) referee David Coote has been suspended pending investigation after a video went viral on social media appearing to show him making negative comments about Liverpool and the club’s former manager Jurgen Klopp. The video, which has not been verified by CNN, was posted on X, formerly known as Twitter, on Monday. Former Liverpool manager Jurgen Klopp (right) has previously criticized Coote (center). Oli Scarff/NMC Pool/PAThe viral video appears to show Coote speaking about a match back in 2020 between Liverpool and Burnley, which ended as a 1-1 draw. The English football federation (FA) told CNN it was also aware of the incident and was investigating it.
Persons: David Coote, Jurgen Klopp, Coote, PGMOL, Oli Scarff, Klopp, Coote’s, , ” Coote Organizations: CNN, English Premier League, Liverpool, Aston Villa, Saturday, Former Liverpool, Burnley, Premier League Locations: England, Liverpool
Buffalo Bills (8-2)Last week: 4Sunday: Beat Indianapolis Colts 30-20QB confidence rating: 8Josh Allen has scored 58 non-passing touchdowns since being drafted in 2018. ETAdvertisementLast week: 7Sunday: Beat Jacksonville Jaguars 12-7QB confidence rating: 5Sunday was the game the Sam Darnold skeptics have been waiting for. Tampa Bay Buccaneers (4-6)Last week: 13Sunday: Lost to San Francisco 49ers 23-20QB confidence rating: 7Baker Mayfield leads the NFL with 24 touchdown passes. Miami Dolphins (3-6)Last week: 27Monday: Beat Los Angeles Rams 23-15QB confidence rating: 6By the numbers, Tua Tagovailoa is playing great. Jacksonville Jaguars (2-8)Last week: 30Sunday: Lost to Minnesota Vikings 12-7QB confidence rating: 4The good news from Sunday?
Persons: It’s, Russell Wilson, That’s, Patrick Mahomes, He’s, there’s, Jared Goff, Goff, can’t, Jake Bates, Lamar Jackson’s, Jackson, Jim Brown, Johnny Unitas, Brett Favre, Peyton Manning, Tom Brady, Aaron Rodgers, Rodgers, Josh Allen, he’s, Justin Fields, George Pickens, Jordan, Sam Darnold, Darnold, McCarthy, Jayden Daniels, Daniels, Lamar Jackson, Mike Tomlin, That’s Mr, We’ll, Justin Herbert’s, evaluator’s, Herbert, Jim Harbaugh, Kyler Murray, Murray, ike, ince, asser, ating, J ake M, eason, enver, roncos,, hird, amar, ike E, enver B roncos, assing, eno, lear, aron R odgers, odgers, ards,, rey, hart, esmond R idder, aints, m., m. E Organizations: of Famer, EPA, TruMedia, Beat Denver Broncos, Chiefs, Buffalo Bills, Beat Houston Texans, Texans, Jacksonville Jaguars, Lions, Beat Cincinnati Bengals, Lamar, NFL, Pittsburgh Steelers, Beat Indianapolis, That’s, Bills, Kansas City Chiefs, Beat Dallas Cowboys, Eagles, Cowboys, Washington, Steelers, Baltimore Ravens, Green, Chicago Bears, Beat Jacksonville Jaguars, Jacksonville, Tennessee Titans, Philadelphia Eagles, Beat Tennessee Titans, Chargers, Cincinnati Bengals, Beat New York Jets, Jets, ust, eads, ards, FC, aker, ams, ets Locations: Dallas, Pittsburgh, Carita, ards, alton
CNN —Plenty of House Republicans are privately jockeying for President-elect Donald Trump’s Cabinet. “I have 10 colleagues who think they’re going to the Cabinet,” one House GOP lawmaker quipped, speaking on the condition of anonymity to discuss internal dynamics. But you’re not going to let three or four go.”Inside the House GOP, many lawmakers and senior aides have long assumed Stefanik would go to the Cabinet. She and Texas Rep. Ronny Jackson, Trump’s former physician, are considered to have some of the tightest relationships between Trump and the House GOP. And privately, Reps. Anna Paulina Luna and Cory Mills have also expressed interest, according to a Florida GOP source.
Persons: Donald Trump’s, There’s, Mike Johnson can’t, Elise Stefanik, Mike Waltz, Mike Rogers, Sam Graves —, won’t, Johnson, , Kelly Armstrong, , Mike, that’d, we’ve, you’re, Ronny Jackson, George W, Bush, Trump, Matt Gaetz, Brian Mast, Byron Donalds, Carlos Gimenez, Greg Steube, Anna Paulina Luna, Cory Mills, Garret Graves, Matt Rosendale, Florida Sen, Marco Rubio, Bill Hagerty, Mike Lee of, Tom Cotton of, Eric Schmitt of Organizations: CNN, of, Republicans, Trump, Monday, New York, Florida, Armed, GOP, North, , Texas, Green Beret, Florida GOP, Transportation, Department of Veterans Affairs, Eric Schmitt of Missouri Locations: Washington, North Dakota, Afghanistan, East, Africa, Florida, Garret Graves of Louisiana, Matt Rosendale of Montana, Pennsylvania, Arizona, Sens, Tennessee, Mike Lee of Utah, Tom Cotton of Arkansas
Chinese markets are back in the spotlight after a slew of government stimulus measures over recent weeks. "I think the right way of looking at what China's up to, really, is to see it as a process," he told CNBC's "Street Signs Asia" on Monday. His comments come as China's Ministry of Finance signaled Friday that more fiscal support could come next year . Stocks to watch As investors ponder how to navigate the Chinese market, Bernstein said there are attractive opportunities in "growth and high volume stocks [aligned] with policy led rebound." Both Tencent and Meituan trade on the Hong Kong Exchange and in the U.S. as American Depository Receipts (ADR) under the ticker TCEHY and MPNGY .
Persons: Jordan, CNBC's, we've, Paul Cavey, Donald Trump, Carey, Stocks, Bernstein, — CNBC's Evelyn Cheng, Michael Bloom Organizations: Pella Funds, Ministry, Finance, Asia Econ, Healthcare, China Internet, Hong, Hong Kong Exchange Locations: Pella, Asia, Real Estate, downgrades, China, Hong Kong, Tencent, U.S
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