DIRS.INFO The most relevant business & tech news

☆ Stocks making the biggest moves premarket: Alibaba, Applied Materials, Ulta Beauty and more
▼ + stars: | 2024-11-15 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +2 min

Applied Materials — Shares tumbled more than 8% after the semiconductor equipment manufacturer offered weak revenue guidance for the current quarter. Applied Materials said it forecasts $7.15 billion in the first fiscal quarter, under the estimate of $7.224 billion from analysts polled by LSEG. Berkshire Hathaway bought more than 1.2 million shares, making the investment worth around $550 million at the end of September. Ulta Beauty – Shares slipped 5% after Berkshire Hathaway revealed in a regulatory filing that it had nearly dissolved its position in the beauty retailer, selling around 97% of its shares. Ulta was a new bet for Berkshire, which had just bought the stock in the second quarter.

Persons: Robert F, Kennedy Jr, Donald Trump's, Warren Buffett, Berkshire Hathaway, Ulta, Palantir, Jesse Pound, Lisa Kailai Han, Pia Singh Organizations: Materials, LSEG, Moderna, Department of Health, Human Services, Corp, —, Berkshire, Pool Corp, Nasdaq, New York Stock Exchange Locations: China, Domino's

☆ David Tepper's Appaloosa loaded up on Temu parent PDD Holdings during third quarter
▼ + stars: | 2024-11-14 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Hedge fund billionaire David Tepper's bet on China involved increasing his exposure to the leading e-commerce companies in the world's second-largest economy, according to the latest securities filing. Tepper's Appaloosa Management more than doubled its position in Temu parent PDD Holdings in the third quarter, according to the hedge fund's quarterly filing. Between Alibaba , PDD and JD.com , Appaloosa held roughly $2 billion of Chinese e-commerce stocks at the end of September. The quarterly hedge fund filing released Thursday showed only positions in U.S.-traded equities, including American depositary receipts, and some derivatives. PDD 6M mountain Chinese stocks like PDD Holdings have been volatile in recent months.

Persons: David Tepper's, Tepper, Stocks, Donald Trump's Organizations: Management, PDD Holdings, CNBC, U.S . Securities, Exchange Commission, Wynn Resorts, iShares FTSE, iShares FTSE China ETF, Vistra Corp, NRG Energy, Amazon, Microsoft, UPS, Boeing, U.S . PDD Holdings, National Football League's Carolina Panthers Locations: China, PDD, Alibaba, iShares FTSE China, Lyft, U.S

☆ Sundheim's D1 Capital adds new stakes in GE Healthcare, Bank of America
▼ + stars: | 2024-11-14 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

Sundheim's D1 Capital added positions in GE Healthcare Technologies and Bank of America during the third quarter, a filing Thursday showed. Outside of those new positions and buying more shares of XPO Logistics , D1 Capital was mostly selling its top holdings. The hedge fund sold 22% of its biggest holding, Instacart , and 46% of its stake in cigarette maker Philip Morris . D1 Capital managed about $19 billion as of the end of last year. The extent of other holdings for D1 Capital is unclear.

Persons: Daniel Sundheim, Philip Morris Organizations: Sundheim's, GE Healthcare Technologies, Bank of America, XPO Logistics, D1, GE Vernova, Pfizer, Nu Holdings, Starbucks, Viking Global, D1 Capital Locations: Instacart

☆ Stocks making the biggest moves midday: Tapestry, Capri, Disney and more
▼ + stars: | 2024-11-14 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: Disney — The media stock popped 6% on stronger-than-expected earnings and guidance, aided by growth in its streaming business. Capri , Tapestry — Both luxury apparel stocks rose after the companies called off their planned merger , citing regulatory hurdles. Cisco Systems — The cybersecurity stock fell 2.1%. Ibotta said it expects fourth-quarter revenue to range between $100 million and $106 million, versus a FactSet estimate of $110.3 million. CNH Industrial — Shares rose more than 6% after Greenlight Capital's David Einhorn revealed at CNBC's Delivering Alpha conference that he took a medium-sized position in the agricultural equipment company.

Persons: Charles Schwab —, Charles Schwab, Ancora, Campbell, Piper Sandler, Ibotta, Greenlight Capital's David Einhorn, —, Jesse Pound, Pia Singh, Alex Harring, Hakyung Kim, Sean Conlon Organizations: Disney, Amazon, ASML, Cisco Systems, Wall, Revenue, Norfolk Southern, American Airlines —, Barclays, Alpha, Advance Locations: Capri

☆ Trump's Pentagon pick criticized US involvement in Ukraine, said Putin probably wouldn't go 'much further' if he wins
▼ + stars: | 2024-11-13 | by ( Thibault Spirlet | Mia Jankowicz | ) www.businessinsider.com time to read: +5 min

AdvertisementDonald Trump has chosen Pete Hegseth as his defense secretary at a key point in the war in Ukraine. The military veteran and Fox News commentator has mostly aligned with Trump on Ukraine. The choice of Hegseth raised questions about the US approach to the war in Ukraine under a second Trump administration. In an episode of the "Shawn Ryan Show" podcast last week, recorded before Trump's announcement, Hegseth contemplated a scenario where Putin wins in Ukraine. Vance has previously criticized US support for Ukraine, and said: "I don't really care what happens to Ukraine one way or another."

Persons: Donald Trump, Pete Hegseth, Trump, Shawn Ryan, Hegseth, Putin, Joe Biden's, Lloyd Austin, Ukraine Hegseth, Jesse Watters, Joe Biden, NATO Hegseth, Michael Waltz, JD Vance, Marco Rubio, Vance, Alexander Libman, Libman, Anton Barbashin Organizations: Fox, Trump, Fox News, Putin, NATO, Kyiv, Reuters, State, Ukraine, Free University of Berlin, Riddle Russia Locations: Ukraine, Europe, Poland, Afghanistan, Iraq, Hegseth, Ukrainian, Donetsk, Luhansk, Soviet Union, Eastern Europe

☆ Stocks making the biggest moves premarket: Shopify, Home Depot, Live Nation Entertainment and more
▼ + stars: | 2024-11-12 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

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

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

☆ Coinbase, Robinhood CEOs say Trump administration will clear up crypto's regulatory muddle
▼ + stars: | 2024-11-12 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

"We have seen basically what people are calling the 'Trump Pump,'" Robinhood CEO Vlad Tenev said on "Squawk Box." Crypto markets have rallied sharply since the election of Trump, with bitcoin hitting record highs near $90,000. "There's widespread optimism that the Trump administration, which has stated that they wish to embrace cryptocurrencies and make America the center of cryptocurrency innovation worldwide, is going to have a much more forward-looking policy towards this new industry," Tenev continued. The Biden administration's Securities and Exchange Commission, led by Chairman Gary Gensler, took a combative stance toward crypto, with regulators taking legal action against several leading crypto firms, including Coinbase. But Trump appeared to welcome support from the crypto industry during his campaign, including speaking at the Bitcoin Conference earlier this year.

Persons: Donald Trump, Vlad Tenev, Trump, Tenev, Gary Gensler, Brian Armstrong Organizations: CNBC, Trump, Biden administration's Securities, Exchange Commission, Bitcoin Locations: America, U.S

☆ Stocks making the biggest moves midday: Shopify, Honeywell, GE Vernova, Twilio and more
▼ + stars: | 2024-11-12 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

Shopify's $2.16 billion revenue beat a FactSet estimate of $2.12 billion. Live Nation Entertainment — The live music and entertainment company gained 4% after posting a third-quarter earnings beat. On the other hand, revenue of $7.65 billion missed the $7.75 billion analysts had forecasted. Sea — Shares surged 1.7% after the tech company reported a third-quarter revenue beat. Mosaic — Shares slid 9% after the chemicals company reported disappointing quarterly results.

Persons: Twilio, Wells, Wells Fargo, Donald Trump's, SentinelOne, Tyson, StreetAccount, On's, FactSet, Mosaic, Clint Freeland, Luciano Siani Pires, Scott Strazik, Strazik, Donald Trump, — CNBC's Michelle Fox, Alex Harring, Hakyung Kim, Jesse Pound, Pia Singh Organizations: Entertainment, Honeywell, Elliott Management, Aerospace, Automation, IAC, Trump Media & Technology, Deutsche Bank, Tencent, Shift4 Payments, GE, Financial Locations: —, Swiss

☆ Activist investor Elliott Management has $5 billion Honeywell stake, seeks breakup
▼ + stars: | 2024-11-12 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +1 min

Activist investor Elliott Management has a $5 billion-plus stake in Honeywell , and it is pushing the industrial conglomerate to break itself up into two companies. Elliott managing partner Jesse Cohn and partner Marc Steinberg wrote in a Tuesday letter that "the conglomerate structure that once suited Honeywell no longer does." Elliott believes that dividing Honeywell into two companies could unlock upside of as much as 75% over the next two years. In the past, Cohn and Steinberg wrote, Honeywell's carefully assembled businesses had previously driven "consistent" margin improvements. A Honeywell spokesperson said that the company and its board "acknowledge and appreciate the perspectives of all our shareholders."

Persons: Elliott, Jesse Cohn, Marc Steinberg, Vimal Kapur, Cohn, Steinberg, Honeywell's Organizations: Honeywell, Elliott Management, Aerospace Locations: Morristown , New Jersey

☆ Canada Women’s coaches ‘directed, approved and condoned’ using drones to spy on opponents, report finds
▼ + stars: | 2024-11-12 | by ( Joshua Kloke | ) www.nytimes.com time to read: +14 min

“The search for a new head coach for the Women’s National Team will commence shortly,” Canada Soccer said. To determine whether current Canada Soccer President Peter Augruso or General Secretary and CEO Blue “approved, directed and/or condoned” drone usage and spying. According to the report, Canada were not found to have used drones when they won Olympic gold in women’s soccer in Tokyo in 2021. AdvertisementLawyer Regenbogen was instructed by the Board of Directors of Canada Soccer on July 30 and then shared her investigation with Canada Soccer on November 5. On Tuesday, Canada Soccer released to the media an eight-page summary report originally given to the Chair of the Human Resources Committee of the Canada Soccer Board of Directors.

Persons: Sonia Regenbogen, “, ”, Kevin Blue, Bev Priestman, Jasmine Mander, Joseph Lombardi, Priestman, Jason Mowry, Peter Augruso, Blue “, Regenbogen, John Herdman’s, Alex Livesey, Jesse Marsch, ” Marsch, Perry McIntyre, Blue, Marsch, John Herdman wasn’t, Herdman, Canada’s, Ulrik Pedersen, we’ve, Lombardi, who’s, Steph Yang It’s, ” Priestman, Marc Atkins Organizations: Canada, Paris Olympics, Canada Soccer, teams, Toronto, Olympic Games, ” Canada Soccer, Athletic, Olympics, FIFA, women’s, Women’s, Soccer, Getty, Copa America, Olympic, Toronto FC, Major League Soccer, Men’s, Paris, Zealand Women’s National, Canadian, Paris Games, Sports, ”, Toronto FC’s, Men’s National, New Zealand, Canadian Olympic Committee, Zealand women’s, New, International Olympic Committee, Summer Games, Sport, Colombia, Human Resources Committee, Women’s National Team, — Locations: New Zealand, Canadian, France, Canada, United States, Tokyo, Herdman, Saint, Etienne, Germany, U.S, Orlando , Florida, Marsch, Priestman, Copa America

☆ Employers seeking skilled workers often overlook military veterans
▼ + stars: | 2024-11-11 | by ( Tim Paradis | ) www.businessinsider.com time to read: +7 min

Veterans can face challenges translating their military skills to civilian roles. Employers too often overlook or discount the experience veterans bring, a report found. These advocates for hiring veterans said that by looking a little closer at the skills undergirding veterans' experience, employers could help plug gaps in their workforces. Yet at the same time, employers often overlook or discount military experience, LinkedIn found. From there, Dickman said, Hire Heroes USA can go to employers and point to the abilities a veteran, service member, or military spouse possesses.

Persons: Ashley Bethea, —, Bethea, Ashley, hadn't, Ross Dickman, Dickman, Jesse Gartman, Gartman, he'd, he's, Trina Clayeux, Clayeux, they've Organizations: Air Force, Service, Business, Hire, Apache, Army, Marine Corps, Craigslist, Movers, Pentagon Locations: America, Iraq, New York City, Oklahoma City, Gartman, Bethea

☆ Stocks making the biggest moves midday: AbbVie, Tesla, Cigna, Morgan Stanley and more
▼ + stars: | 2024-11-11 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

Crypto stocks — Crypto stocks extended last week's gains as investors basked in the honeymoon period between election day and inauguration day. Coinbase shares jumped 20% and were trading above $300 for the first time since 2021. Wells Fargo jumped 4%, while Bank of America and Morgan Stanley each rose more than 2%. Valley National Bank — Shares popped almost 5% after JPMorgan upgraded the New York-based regional bank to overweight from neutral. Cboe Global Markets — Shares advanced nearly 2% on the back of Deutsche Bank's upgrade to buy from hold .

Persons: Tesla, Trump, Elon Musk, Ernst & Young, MARA, Morgan Stanley —, Wells Fargo, Morgan Stanley, Donald Trump, Tom Homan —, Trump's, Cigna, RadNet, Anthony Elian, Alex Harring, Tanaya Macheel, Jesse Pound, Samantha Subin, Lisa Kailai Han, Michelle Fox Organizations: Bristol, Myers Squibb, Super, MARA Holdings, Bank of America, Geo, U.S, Immigration, Customs, Trump Media & Technology, Trump, Humana, GE HealthCare, Bank, JPMorgan, Cboe, Deutsche, Deutsche Bank Locations: Wells Fargo, York

☆ CNBC Daily Open: Trump supercharged the markets, but his policies could make the rally sputter out
▼ + stars: | 2024-11-11 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Timothy A. Clary | Afp | Getty ImagesThis 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 lineWhen the numbers are this good, you've got to start with them. "Equities are eager to price in Trump's domestic growth policies," Barclays strategist Venu Krishna said in a note to clients. While the Trump rally has gotten off to a roaring good start, it remains to be seen when — and more importantly, how — it'll end.

Persons: Walter Lundon, Donald Trump, Timothy A, Clary, you've, Russell, Venu Krishna, Mislav Matejka, Neel Kashkari, Kashkari, — CNBC's Sean Conlon, Yun Li, Jesse Pound, Hakyung Kim Organizations: New York Stock Exchange, Getty, CNBC, Dow Jones, Nasdaq, Trump, Barclays, JPMorgan, Minneapolis Locations: New York City

☆ The iShares Bitcoin ETF is now bigger than its gold counterpart following rush into crypto on Trump win
▼ + stars: | 2024-11-11 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: 1 min

Blackrock iShares Bitcoin Trust ETF (IBIT) signage at the Nasdaq MarketSite in New York on Jan. 11, 2024. The rapidly growing iShares Bitcoin Trust (IBIT) has now blown past one of the biggest funds in an old-school category of investing: gold. According to FactSet, the bitcoin exchange-traded fund had roughly $34.3 billion in AUM as of Friday. That puts it above the iShares Gold Trust (IAU) , which had just under $33 billion. The asset numbers do not yet reflect the most recent crypto rally over the weekend, when bitcoin surged above $80,000.

Persons: FactSet, bitcoin, IBIT Organizations: Blackrock, Nasdaq, Trust Locations: New York

☆ This other Elon Musk proxy is up more than 200% since the election
▼ + stars: | 2024-11-11 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

The election victory of Donald Trump is sparking a huge rally for investments tied to Elon Musk , even indirectly. The fund is now up more than 200% since Election Day. The rally is not too surprising given that Musk campaigned with the president-elect and that Tesla has also rallied sharply since the election. However, the price of the Destiny fund could give some investors pause. The latest unaudited financial report for the fund showed net asset value per share of $5.15 as of June 30.

Persons: Donald Trump, Elon Musk, —, Musk, Tesla, DXYZ, Sohail Prasad Organizations: New York Stock Exchange, SpaceX, CNBC

☆ Stocks making the biggest moves premarket: Tesla, Coinbase, Cisco Systems and more
▼ + stars: | 2024-11-11 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines before the bell: Tesla — The electric vehicle stock popped 7% and looked poised to build on last week's 29% surge. Crypto stocks — Stocks tied to cryptocurrencies rallied, with bitcoin topping $82,000 and hitting fresh highs, as Wall Street continued to bet a Trump administration would be more favorable toward the crypto industry. Trump Media & Technology — Trump's social media stock rallied 8% as investors continued pouring money into stocks connected to the president-elect. Valley National Bank — Shares of the New Jersey-based regional bank gained about 3% on light volume after an upgrade to overweight from neutral by JPMorgan. The investment firm said Valley National is making progress on reducing its exposure to commercial real estate.

Persons: Elon, Donald Trump's, Stocks, cryptocurrencies, Trump, Coinbase, MicroStrategy, Cigna, RadNet, — CNBC's Michelle Fox, Jesse Pound, Pia Singh Organizations: bitcoin, Wall, Humana, GE HealthCare, Cisco —, JPMorgan, Cisco, Enterprise Networking, Trump Media & Technology, Bank, National, Cboe, Deutsche Bank Locations: New Jersey

☆ CNBC Daily Open: Trump kicked off the market rally, but he could also halt it
▼ + stars: | 2024-11-11 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Andrew Kelly | ReutersThis 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 lineWhen the numbers are this good, you've got to start with them. "Equities are eager to price in Trump's domestic growth policies," Barclays strategist Venu Krishna said in a note to clients. While the Trump rally has gotten off to a roaring good start, it remains to be seen when — and more importantly, how — it'll end.

Persons: Republican Donald Trump, Andrew Kelly, you've, Russell, Venu Krishna, Mislav Matejka, Neel Kashkari, Kashkari, — CNBC's Sean Conlon, Yun Li, Jesse Pound, Hakyung Kim Organizations: Republican, U.S, New York Stock Exchange, Reuters, CNBC, Dow Jones, Nasdaq, Trump, Barclays, JPMorgan, Minneapolis Locations: New York City, U.S

☆ CNBC Daily Open: Powell emphasizes that elections won't sway Fed's policy
▼ + stars: | 2024-11-08 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

Andrew Caballero-Reynolds | AFP | Getty ImagesThis 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. Powell, in yesterday's press conference, maintained that "the election will have no effect on our policy decisions." According to the futures market, just 30.4% of traders think the Fed will cut rates again in January. "By December, we'll have more data, I guess one more employer report, two more inflation reports and lots of other data," Powell said.

Persons: Jerome Powell, William McChesney Martin Jr, Andrew Caballero, Reynolds, Jim Reid, Trump, Scott Helfstein, Powell, we'll, that's, —, Jeff Cox, Lisa Kailai Han, Hakyung Kim, Jesse Pound, Alex Harring Organizations: Federal Reserve, AFP, Getty, CNBC, Deutsche, Tech, Apple, Nvidia, Nasdaq, Dow Jones, Global, Congress, Fed Locations: Washington , DC

☆ Amy Coney Barrett: Meet the last best hope for Supreme Court liberals
▼ + stars: | 2024-11-08 | by ( Joan Biskupic | ) edition.cnn.com time to read: +19 min

CNN —Supreme Court Justice Amy Coney Barrett stands apart. And that is why Barrett has become the best hope for what remains of the liberal wing, particularly after Trump’s election victory. As Trump returns to the White House, the Supreme Court may be even more positioned to check the balance of powers. Nonetheless, progressives have few options, and an uncertain horizon, and cannot help but imbue Barrett with hope. “As Justice Barrett said…,” is a common Kagan refrain, too.

Persons: Amy Coney Barrett, Donald Trump’s, Barrett, Trump, imbue Barrett, Sandra Day O’Connor, Reagan, Anthony Kennedy, Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson, Barrett homed, Sotomayor, …, Kagan, Kagan interjected, “, Richard Glossip, Brett Kavanaugh, Thomas, Roberts, Kavanaugh, Adam Feldman, Jake Truscott, Republican centrists O’Connor, Kennedy, Lewis Powell, Ruth Bader Ginsburg, Dobbs, Antonin Scalia, Scalia’s, Scalia, Jesse, Warren Burger, Clarence Thomas, Samuel Alito, Neil Gorsuch, they’ve, Gorsuch, ” Barrett, Jackson, Alito, ” Alito, Biden, Justice Roberts, CNN Kagan, Barrett’s, Roe, Wade, ‘, ’ Barrett, Adrian Zackheim, Justice Barrett, ” Zackheim, Sentinel publicists, Sen, Mitch McConnell, McConnell, Barack Obama’s, Merrick Garland, Ginsburg Organizations: CNN, Republican, White, Republicans, Representatives, Notre Dame, Trump, Democratic, Glossip, Jackson, Health Organization, New York, Association, Harvard, ., Biden, Capitol, of Education, Ronald Reagan, Sentinel, Penguin Random, Wall Street, University of Louisville McConnell Center Locations: America, Oklahoma, ”, . United States, New Orleans, Washington, Haiti, Idaho, California, Louisville

☆ What We Learned About Celebrity Culture in the 2024 Election
▼ + stars: | 2024-11-08 | by ( Jesse Mckinley | More About Jesse Mckinley | ) www.nytimes.com time to read: +1 min

In an election season in which both parties sought out any possible edge, Democrats clung to one seemingly clear-cut advantage: Celebrities including Taylor Swift and Bruce Springsteen broke hard for that party, even as voters did not. The result was a split-screen of American celebrity — two sets of famous people for two halves of the country. But by and large, the biggest names in entertainment said Vice President Kamala Harris should be elected to the nation’s highest office. Ms. Harris was decisively defeated on Tuesday, despite the backing of a megastar like Beyoncé. “America is tired,” wrote Albert Pennachio, an independent voter who lives in Statesville, N.C. “And we don’t care what celebrities think anymore.”

Persons: Taylor Swift, Bruce Springsteen, Donald J, Trump, Kanye, Mel Gibson, Jon Voight, Kamala Harris, Harris, ”, Albert Pennachio Locations: America, Statesville, N.C

☆ CNBC Daily Open: Powell maintains that elections won't sway Fed's policy
▼ + stars: | 2024-11-08 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

Kent Nishimura | Getty ImagesThis 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. Powell, in yesterday's press conference, maintained that "the election will have no effect on our policy decisions." "By December, we'll have more data, I guess one more employer report, two more inflation reports and lots of other data," Powell said. — CNBC's Jeff Cox, Lisa Kailai Han, Hakyung Kim, Jesse Pound and Alex Harring contributed to this report.

Persons: Jerome Powell, Kent Nishimura, Jim Reid, Trump, Scott Helfstein, Powell, we'll, that's, —, Jeff Cox, Lisa Kailai Han, Hakyung Kim, Jesse Pound, Alex Harring Organizations: FTSE, Federal, CNBC, Deutsche, Tech, Apple, Nvidia, Nasdaq, Dow Jones, Global, Congress, Fed Locations: GDAXI, Washington, Washington , DC

☆ S&P 500, Nasdaq close at records and extend postelection rally as Fed cuts rates
▼ + stars: | 2024-11-07 | by ( Jesse Pound | Alex Harring | ) www.nbcnews.com time to read: +2 min

The S&P 500 and Nasdaq rose Thursday, extending Wall Street’s rally in the wake of President-elect Donald Trump’s victory, as traders weighed the latest rate cut from the Federal Reserve. The S&P 500 gained 0.74% to close at a record high of 5,973.10. The S&P 500 jumped 2.53% for its best post-election day in history. Those big swings were the backdrop for the Federal Reserve’s interest rate cut Thursday afternoon. “The balance of risks gives the Fed ample room to lower the Fed Funds rate well into 2025.

Persons: Donald Trump’s, Trump’s, Jerome Powell, ”, Jamie Cox, Trump, Tony Roth, we’ve, ” Roth, JPMorgan Chase Organizations: Nasdaq, Federal Reserve, Dow Jones, Dow, Treasury, Harris Financial, Wilmington Trust, “, Big Tech, Apple, Nvidia, JPMorgan, American Express Locations: Wilmington

☆ Texas man accused of killing mother of their child will keep parental rights until trial, judge says
▼ + stars: | 2024-11-07 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +3 min

A Texas man charged with manslaughter after hitting the mother of his 1-year-old child with his car will retain his parental rights, a judge has ruled. On Monday, a Randall County Judge ruled in a separate case that he can keep his parental rights over his 1-year-old child with Torres. However, on Monday, Judge James W. Anderson rejected the bid to terminate DeLao's parental rights, the outlets reported. “The judge refused to terminate his parental rights,” Quackenbush told NBC News. “There’s no intention on the part of the court system to take away his parental rights at all now or in the future.

Persons: Ulise DeLao, Brittany Torres, Torres, DeLao, Randall, Jesse Quackenbush, Jaqueline Sanchez, Torres ’, Judge James W, Anderson, “, ” Quackenbush, ”, they’ve, Quackenbush, Potter Organizations: Canyon Police, ABC, NBC, NBC News, Marine Corps Locations: Texas, Canyon , Texas, Randall County, Randall County , Texas, Armstrong

In the final weeks of the campaign, Trump kept supporters at a Michigan rally waiting for hours after he detoured to Texas to record Rogan’s show. And then many of them suddenly found themselves running Harris’ campaign. “This has been an historic partnership in which these teams have worked together extraordinarily well,” said a White House official who has been there from the beginning. “Not enough people understand the importance of that,” a Trump campaign official said of the Kennedy nod. It was the first energizing move that the campaign had since the switch-out.”A Democrat close to the Harris campaign said: “Brat summer had to end.

Persons: Barron Trump, Alex Bruesewitz, Trump, ”, Andrew Schulz, Theo Von, Mark Calaway, Joe Rogan, detoured, Harris, —, Rogan, Harris ’, I’d, Ro Khanna, Biden, “, Jesse Ferguson, Jen O’Malley Dillon, Obama, David Plouffe, Stephanie Cutter, Mark Cuban, Liz Cheney, Joe Biden’s, ‘ He’s, Ezra Levin, Trump’s, Robert Hur, indignantly, “ Nobody, ” Harris, Shuran Huang, Sen, JD Vance, Ohio, ’ ”, Joe Biden, “ Joe Biden, ” Biden, ’, Robert F, Kennedy Jr, jolt Trump, Tulsi Gabbard, Elon Musk, Kennedy, Biden’s, Word Organizations: Harris, Democratic, Trump Republicans, Trump, “ Staff, Democrat, Biden, DNC, White, Howard University, NBC News Biden, White House, RFK, McDonalds Locations: Michigan, Texas, —, Pennsylvania, ”

Search resuls for: "jesse"

25 mentions found