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As of now, the DeSantis campaign is spending only in Iowa. But campaign manager Betsy Ankney called out DeSantis' campaign, which after winning the endorsement of Iowa Gov. Haley's campaign has also leaned on an allied super PAC to keep pace with DeSantis' allies in recent months. As of Sunday, Haley's super PAC had reserved nearly $4.9 million in advertising from Monday through January compared to almost $4 million reserved by DeSantis' super PAC, according to AdImpact. Davison expressed optimism about the direction of the DeSantis campaign, pointing to Reynolds' endorsement last week, which was “not only a huge endorsement and validator for Gov.

Persons: — Nikki Haley, Ron DeSantis, Haley campaign's, Haley's, Haley’s, Donald Trump, Joe Biden, DeSantis, Trump, Haley, Betsy Ankney, Kim Reynolds, “ Nikki Haley’s, ” Ankney, “, Andrew Romeo, Kristin Davison, Davison, Reynolds, Nikki Haley, ”, ” Davison, ” “, We’re, We’ve Organizations: United Nations, Florida Gov, GOP, The Associated Press, Trump, U.S . Capitol, Iowa's, Iowa Gov, Arrow, PAC, Haley's, Gov, “ Fox Locations: Iowa, New Hampshire, Florida, Georgia, Trump, South Carolina

☆ The Fed will shift to 'full-on accommodation' mode in 2024 with nearly 3 percentage points of rate cuts as economy slows, UBS says
▼ + stars: | 2023-11-13 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The Federal Reserve is set to shock markets with aggressive interest rate cuts next year, according to UBS. UBS said slow economic growth will drive the Fed to cut rates by 275 basis points by the end of 2024. "We expect substantially slower growth in 2024, a rising unemployment rate, and meaningful reductions in the federal funds rate," UBS said. AdvertisementAdvertisementThe Federal Reserve is going to shock investors next year by aggressively cutting interest rates amid a slowing economy, according to UBS' 2024 economic outlook. UBS said it expects the Fed to cut rates by 275 basis points, leaving the effective federal funds rate at 2.50%-2.75%.

Persons: — Organizations: Federal, UBS, Service, Fed, CME Locations: Washington, DC

☆ Top Wall Street analysts are confident in the long-term potential of these stocks
▼ + stars: | 2023-11-12 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +7 min

Wall Street analysts can help investors identify stocks that have what it takes to thrive amid short-term headwinds — and that can offer attractive returns going forward. Here are five stocks favored by Wall Street's top analysts, according to TipRanks, a platform that ranks analysts based on their past performance. Apple's overall revenue declined for the fourth consecutive quarter due to notable declines in iPad and Mac sales. Zelnick raised his price target from $380 to $395 and reiterated a buy rating on MSFT stock. Following the Q3 2023 print, Zelnick maintained a buy rating on NOW stock and increased the price target to $650 from $625.

Persons: Aly Song, Wall, Baird, William Power, Power, TipRanks, Goldman Sachs, Eric Sheridan, Sheridan, Brad Zelnick, Zelnick Organizations: Apple, Reuters Companies, Wall Street, Apple Tech, Apple's Services, Services, North America, Web Services, AWS, TipRanks, Microsoft, Deutsche Bank, Fortune, Software, U.S Locations: Shanghai, China, ServiceNow

☆ Analysis: How RFK Jr. could change the outcome of the 2024 election
▼ + stars: | 2023-11-11 | by ( Harry Enten | ) edition.cnn.com time to read: +5 min

He, along with other non-major-party candidates, has a real chance to affect the outcome of the 2024 election. Perot is a bit of an exception in that independent or third-party candidates usually fade as an election nears. George Wallace topped out at 21% in pre-election polling as a third-party candidate before picking up 14% when the votes were cast. Given all that, it’s no surprise we’re seeing other independent and third-party candidates jumping or potentially jumping into the 2024 race. He was entertaining the idea of running as a third-party candidate earlier this year.

Persons: Joe Biden, Republican Donald Trump, Robert F, Kennedy Jr, Kennedy, Ross Perot, Perot, John Anderson, George Wallace, Biden, Trump, They’re, Democrat Hillary Clinton, it’s, Independent Cornel, Jill Stein, West Virginia Sen, Joe Manchin, Manchin, don’t Organizations: CNN, Democrat, Republican, Quinnipiac University, Alabama Gov, New York Times, Siena College, Trump :, The Times, Trump, Times, Independent, Independent Cornel West, Green Party, Clinton, West Locations: Siena, Trump, Trump : Georgia, Arizona , Wisconsin , Pennsylvania, Nevada, Michigan, Georgia, Arizona, Pennsylvania, Quinnipiac, Michigan , Pennsylvania, Wisconsin, West Virginia

U.S. Federal Reserve officials are puzzling over why bond borrowing rates spiked lately even as Fed policy expectations have remained largely unchanged. Whether a resurfacing "term premium'" now demanded to buy and hold longer-term bonds, is responsible is central to the conundrum. Britain's brief budget and debt shock late last year and the way the Bank of England was forced to react was perhaps a taster. "Once current debt has been refinanced and the average interest on debt reflects the higher long rates, absent changes in policy, debt ratios will increase," Blanchard wrote. The opinions expressed here are those of the author, a columnist for Reutersby Mike Dolan Editing by Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.

Persons: Marcos Brindicci, Olivier Blanchard, Washington's, Blanchard, it's, Morgan Stanley, Mike Dolan, Marguerita Choy Organizations: REUTERS, . Federal Reserve, Bank of England, International Monetary Fund, Washington's Peterson Institute for International Economics, U.S, Congressional, Reuters, Thomson Locations: Buenos Aires, Argentina, United States, Europe

☆ Hologic CEO on Q4 earnings beat, $4 billion cash on balance sheet
▼ + stars: | 2023-11-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHologic CEO on Q4 earnings beat, $4 billion cash on balance sheetSteve MacMillan, Hologic CFO, joins 'Squawk on the Street' to discuss key tailwinds Hologic is seeing, strategic use cases for the company's cash, and playbooks for weight-loss drugs.

Persons: Steve MacMillan Organizations: Hologic

U.S. Federal Reserve officials are puzzling over why bond borrowing rates spiked lately even as Fed policy expectations have remained largely unchanged. Whether a resurfacing "term premium'" now demanded to buy and hold longer-term bonds, is responsible is central to the conundrum. Britain's brief budget and debt shock late last year and the way the Bank of England was forced to react was perhaps a taster. "Once current debt has been refinanced and the average interest on debt reflects the higher long rates, absent changes in policy, debt ratios will increase," Blanchard wrote. US debt costs soarRates minus Growth hits budget mathCBO's long-term debt projectionsDYSFUNCTION AND EXPLOSIONThere were tinges of optimism though.

Friday's early calls include an upgrade to a restaurant software stock and a big downgrade to a solar name. The bank downgraded Unity stock to neutral from outperform, also slashing its target price to $20 from $55. Analyst Doug Anmuth's updated price target of $510 could mean that there's still 17% room for the stock to go. Analyst Jonathan Block's price target of $70 signifies a 13% upside from the stock's Thursday closing price of $62.16. Koning has a price target of $18 per share, implying upside of nearly 30% over the next 12 months.

Persons: Baird, Tim Nollen, Lisa Kailai Han, Carlo Santarelli, — Lisa Kailai Han, JPMorgan downgrades, Drew Chamberlain, Doug Anmuth's, Anmuth, NFLX, Henry Schein, Jonathan, Freyr, BTIG, Gregory Lewis, FREY, Lewis, Stephens, Joshua Long . Long, Long, Portillo's, Mgmt, Chris Dendrinos, Dendrinos, Baird Baird, David Koning, Koning, — Fred Imbert, Julien Dumoulin, Smith, Fred Imbert Organizations: CNBC, Bank of America, Macquarie, Unity, Wynn Resorts, Deutsche Bank, JPMorgan, JPMorgan downgrades Enviva, Netflix, FR, European Union, RBC Capital, FTC Solar Bank of America, FTC Solar, FTC Locations: Macquarie, Unity, UAE, Boston, Norway, Portillo's, Thursday's

☆ Here are Friday's biggest analyst calls: Nvidia, Netflix, Plug Power, Toast BJ's, Arm, Occidental & more
▼ + stars: | 2023-11-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Wolfe reiterates Nvidia as outperform Wolfe said it's getting more bullish on the stock over the next several quarters. Wolfe downgrades Occidental Petroleum to peer perform from outperform Wolfe said shares of the oil company will be range bound. Bank of America downgrades FTC Solar to underperform from buy Bank of America said it was wrong about its prior buy rating on the solar stock. Bank of America downgrades CommScope to neutral from buy Bank of America trends are worsening for the tech company. Bank of America initiates Weatherford as buy Bank of America said in its initiation of the global energy company that it's seen a "remarkable turnaround."

Persons: Stephens, Henry Schein, Stifel, it's bullish, Wolfe, it's, Freyr, BTIG, FREY, William Blair, Wells, Baird, Weatherford, Girish Saligram, Gordon Haskett, Haskett, Morgan Stanley, Jefferies, Vera Organizations: Portillo's Inc, JPMorgan, Netflix, Citi, Body Works Citi, Nvidia, Wolfe Alpha, Occidental Petroleum, Bank of America, FTC, sel, RBC, EV Locations: Illumina, Occidental, Wells Fargo, Hawaii, 3Q23, U.S

☆ Ukraine raises grain deliveries to Black Sea ports - railways
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +1 min

Valeriy Tkachov, deputy director of the commercial department at Ukrainian Railways, said on Facebook that over the last week the number of grain wagons heading to Odesa ports increased by more than 26% to 5,341 from 4,227. He said up to 970 wagons were unloaded at the ports' silos every day. Later, a senior agricultural official said the route - which runs along Ukraine's southwest Black Sea coast, into Romanian territorial waters and onwards to Turkey - would also be used for grain shipments. The UCAB agricultural business association said this month that Ukrainian grain agricultural exports rose by 15% to 4.8 million metric tons in October thanks to the new corridor. Ukraine's government expects a grain and oilseeds harvest of 79 million tons in 2023, with a 2023/24 exportable surplus of about 50 million tons.

Persons: Valeriy Tkachov, Oleksandr Kubrakov, Pavel Polityuk, Raju Gopalakrishnan Organizations: Ukrainian Railways, Facebook, Thomson Locations: Ukraine's Odesa, Ukraine, Russia, Black, Turkey

☆ Voters Want Anyone but Trump or Biden
▼ + stars: | 2023-11-09 | by ( Karl Rove | ) www.wsj.com time to read: +1 min

Mr. Trump lost all six in 2020. Mr. Trump leads Mr. Biden by 5 points in Arizona, 6 in Georgia, 5 in Michigan, 10 in Nevada and 4 in Pennsylvania. Mr. Biden beats Mr. Trump only in Wisconsin, by 2 points. Among the combined six-state sample of 3,662 registered voters, Mr. Trump leads by four points, 48% to 44%. Last time it was 232 Trump, 306 Biden.

Persons: Mark Kelly, Donald Trump, Joe Biden, Trump, Mr, Biden Organizations: AFP, EPA, New York Times, Siena College, Mr, House, Trump Locations: Tuesday’s Ohio, Kentucky, Virginia, New Jersey, Arizona, Georgia, Michigan, Nevada, Pennsylvania, Wisconsin

☆ Volkswagen aims to bring under-$35,000 EV to US in 3-4 years-VW executive
▼ + stars: | 2023-11-09 | by ( Paul Lienert | ) www.reuters.com time to read: +2 min

A charging handle recharges a Volkswagen ID.4 electric vehicle (EV) parked at an EV charging station inside a parking garage owned by the City of Baltimore, in Baltimore, Maryland, U.S., March 23, 2023. Speaking at the Reuters Events Automotive USA 2023 conference in Detroit, Fischer said VW plans to build the under-$35,000 EV in the United States or Mexico. VW also is looking at localizing assembly of battery packs for the under-$35,000 EV to qualify for additional incentives under the U.S. Inflation Reduction Act, Fischer said. The German automaker previously has announced plans to build battery cells in Canada for its current and future North American-built EVs. Reporting by Paul Lienert in Detroit; Editing by Mark Porter and Sharon SingletonOur Standards: The Thomson Reuters Trust Principles.

Persons: Bing Guan, Nio, Reinhard Fischer, Ganesh Iyer, Fischer, Iyer, Paul Lienert, Mark Porter, Sharon Singleton Organizations: Volkswagen, EV, City, REUTERS, Rights DETROIT, EVs, VW Group of America, Nio, Reuters, Automotive, VW, U.S, Thomson Locations: City of Baltimore, Baltimore , Maryland, U.S, North America, Detroit, United States, Mexico, Chattanooga , Tennessee, Puebla, South Carolina, Canada

☆ An Epic Pilgrimage Across Three Great Religions
▼ + stars: | 2023-11-09 | by ( Aatish Taseer | ) www.nytimes.com time to read: +111 min

Before there was tourism, there was pilgrimage: a trip of endurance, hardship and ecstasy in celebration of one’s faith. On an epic pilgrimage of his own, one writer ventures into the heart of three great religions in Bolivia, Mongolia and Iraq. The Imam Hussein shrine in Karbala the day after Ashura. “They’re poor, but they come thousands of kilometers for the love of Imam Hussein.” PILGRIMAGE WAS A great equalizer. “Labaik ya Hussein,” came the solemn chorus of surrounding voices.

Persons: Eduardo Quintela Gonzáles, ” Quintela, JAN, “, ”, Quintela, Victor, Edith Turner, Chaucer, ferne, sondry londes, Vaishno Devi, Lyra Skinner, Lyra, Victoria Preston’s, —, Prophet Muhammad, Virgin Mary, Bath, Naipaul, Augustus, Ryan, garret, Virgin, Monica Machicao, Nicholas Casey, ” Monica, Casey, Evo Morales, sloughing, Columbus, Cortés, Francisco Pizarro, Monica, glitzy cholets, Peru —, Viracocha, it’s, Pablo Quisbert, Leandro Chitarroni, Eichmann, Father Chitarroni, Father Chitarroni’s, Conquistadores ”, Fernando Cervantes, Bernabé Cobo, Quisbert, Edgar Quispe, Tatiana Huayhua, Francisco Tito Yupanqui, Mary, Yupanqui’s, su, Yupanqui, Chitarroni, she’s, Friar Abelino Yeguaori, Friar Yeguaori, Friar Yeguaori’s, Irene, Juana, hajji, Waka, Aracely Alcón, Santiago, Alcón, ‘, don’t, ” Alcón, Tito Yupanqui, Uma Marka, Pachamama, haggard, Amaru Fiorilo Barrios, he’d, ” Fiorilo, Fiorilo, who’d, Valeria Alcón, Laureano Jose Quisbert, Elena Ticona Flores, Eduardo Quintela’s, Ensamble, pang, padre, consolations, Sincrético, El, Rodrigo Paz Pereira, Axel, amauta, strode, La, Aatish Taseer, Saint Helena —, Constantine I, La Paz, Orgilbaatar Tsolmon, Orgil, Genghis Khan, Edward Gibbon, ” Orgil, Araniko’s, Kublai Khan, Genghis Khan’s, Kubla Khan, Coleridge, Kublai, Stalin, sybarite, Khamar, Dalai Lama, Lama, Christopher Kaplonski, ger, I’d, banshtai tsai, Prim, Egi, Munkhdul, Gandantegchinlen, Haidav, herder, “ Um sain, boltugai, Danzanravjaa, Zanabazar’s, Erdene, Mandakhtsog Monkhbaatar, Monkhbaatar’s, Dalai Lamas, prostrated, He’d, Zuu, she’d, Santiago de, L.K, Advani, Emperor Babur, Ram, kar sevaks, Ayodhya, Narendra Modi, Munkhbaatar Batchuluun, Henry Wallace, Franklin D, Potemkin, Munkhbaatar, Gerelmaa, Giimaa, She’d, Eduardo Quintela, Aracely, Santiago’s, Joseph Brodsky’s, Muhammad’s, Hussein, William Keo, ” Khuder, pillion, Labaik, Hussein ”, O Hussein, hearkened, Prophet, Ali —, Ali, Yazid, Imam, crackling, chickpeas, Imam Ali, Imam Hussein, Saddam Hussein, Tusi, Qasim, Imam Hussein’s, Khuder, “ Will, Najaf, prestes, — I, Yasir Yaseen, Ashura, Ali Akbar, Abbas, Ali Asghar, “ We’re, Francisco Goya’s, Hussein’s, Groom, Joseph, ” Wissam, Turfi, Saddam —, Arbaeen, Saddam, “ Imam Hussein, WE, Muhammad, Barnaby Rogerson, Prophet Muhammad ”, ” Ali, Muhammad — Muhammad, formlessness, Muqtada al, Abrams, chiding, Abu Musab Al, Zarqawi, Al Qaeda, William, “ They’re, Ayatollah Ali Khamenei, flagellants, ruddy, stylishly, Hussein — shahid —, Farman Ahsan, Syed Salman Raza —, Saddam’s, ” Raza, William “, Ali Zayn al, Abidin, Labaik ya Hussein, thrall —, Lloyd, Susanne Rudolph — Organizations: CITY LA, LA, LA PAZ, Virgin, Crusaders, Dolorosa, Sun, The New York Times, Bolivian, Spain, La, Cordillera, Universidad Mayor de, Catholic, Good, La Paz, Dominican, Pakistan, Caesars, Nissan, Coke, Communists, Communism, ardor, Communist, Hyundai, flails, sacra, Apache, Mahdi Army, Al, ISIS, Karachi —, Princeton Locations: Bolivia, Mongolia, Iraq, Aatish Taseer Bolivia Mongolia Iraq, CITY LA PAZ, BOLIVIA, NAJAF, IRAQ, ULAANBAATAR, MONGOLIA, LA PAZ, La Paz, Bolivian, Copacabana, Lake Titicaca, New York, Christian, British, sondry, India, Delhi, Varanasi, Europe, American, Mecca, Arabia, Long, Vino Tinto, Chile, Peru, Monica, Plurinational State, Bolivia —, Americas, Spain, Columbian, Aztec Mexico, Inca Peru, Calvary Hill, Virgen del Cerro, South America, Puerto Rico, Huatajata, ”, Argentine, Universidad Mayor de San Andrés, Mexican, revelry, Spanish, “, morena, La, “ India, multilayered, Potosí, Argentina, Warisata, Scotch, Santiago de Compostela, Kingdom of Saudi Arabia, Nepal, Nations, El Alto, Buenos Aires, Bombay, Tibet, Bolivia’s, Yamuna Rivers, United States, Buddhist Mongolia, Ulaanbaatar, Mongolian, Istanbul, Asia, Islam, China, Beijing, Dadu, Erdene Zuu, Soviet, Gobi, Los Angeles, gers, Qing China, Karnataka, Töv Province, Karakorum, Khamar, Erdene, Ukraine, Korea, Golden, Bayankhongor, Lhasa, Dalai, Inner Mongolia, Mongol, Nalaikh, Santiago, Santiago de Compostela and Canterbury, Bulgan Province, Somnath, Gujarat, Ayodhya, Uttar Pradesh, ger, East German, Uvs Province, Pakistani, Indian, Tennessee, Najaf, Baghdad, Khuder, —, abayas, KARBALA, Kufa, Medina, Saudi Arabia, Karbala, Imam Ali, Bab, Kuwaiti, Bohras, South Asia, Tajikistan, Zaydis, Yemen, Alawites, Anatolia, Syria, Iran, Bahrain, Azerbaijan, Sadr, U.S, Jordanian, Al Qaeda, Mesopotamia, Al, Multan, Pakistan, Punjab, Pakistan’s, Islamabad, Lahore, Kuwait, Karachi, Doha, Qatar

☆ Biden’s economic scorecard touts fragile advantage
▼ + stars: | 2023-11-09 | by ( Ben Winck | ) www.reuters.com time to read: +11 min

And if the political strategist James Carville was right that “it’s the economy, stupid,” the next several months could make or break Joe Biden’s economic record. As things stand, the current ruler of the free world touts a fragile advantage. Households’ disposable income after adjusting for inflation hit a record $20 trillion in the month that Biden’s measure was approved, according to the Bureau of Economic Analysis. STUDENT LOANSForgiving swaths of student debt was another of Biden’s campaign promises, but his efforts have so far failed. And with higher interest rates making debt service more expensive, Biden’s spending could come back to bite him on election day.

Persons: Joe Biden, Ken Cedeno, James Carville, Joe Biden’s, “, aren’t, Breakingviews, it’s, Biden, Donald Trump, Mitch McConnell, ”, Realtor.com, Congressional Republicans haven’t, haven’t, WALL, Lauren Silva Laughlin, Sharon Lam, Aditya Sriwatsav Organizations: Edmond's Catholic, REUTERS, Rights, Reuters, House, Republican, AMERICAN, ACT, Brookings Institution, Analysis, Walmart, Nordstrom, Deere, Caterpillar, Republicans, Commerce Department, Micron, Bank of America, Gallup, Federal Reserve, United Auto Workers, RSM, Congressional Republicans, Biden, Reuters Graphics Reuters, Conservative, Thomson Locations: St, Rehoboth Beach , Delaware, U.S, New York, Arizona, West Virginia

☆ S&P 500, Nasdaq barely extend win streaks as investors eye yields, Fed comments
▼ + stars: | 2023-11-08 | by ( Chuck Mikolajczak | ) www.reuters.com time to read: +4 min

That drop has helped fuel a stock rally that has given the S&P 500 (.SPX) and the Nasdaq (.IXIC) their longest streak of gains in two years through Wednesday's close at eight and nine sessions, respectively. Still, comments from several central bank officials over the past few days left the door open for additional hikes, causing some uncertainty among investors. The Dow Jones Industrial Average (.DJI) fell 40.33 points, or 0.12%, to 34,112.27; the S&P 500 (.SPX) gained 4.40 points, or 0.10 %, at 4,382.78; and the Nasdaq Composite (.IXIC) added 10.56 points, or 0.08 %, at 13,650.41. Declining issues outnumbered advancers by a 1.3-to-1 ratio on the NYSE while on the Nasdaq declining issues outnumbered advancers by a 1.7-to-1 ratio on the Nasdaq. The S&P 500 posted 17 new 52-week highs and eight new lows while the Nasdaq recorded 53 new highs and 206 new lows.

Persons: Eli Lilly, Dow, we're, Jason Ware, Brendan McDermid, Jerome Powell, Chuck Mikolajczak, Richard Chang Organizations: Warner Bros, Nasdaq, Federal, Treasury, Albion Financial, Dow Jones, New York Stock Exchange, REUTERS, U.S . Food, Drug Administration, Warner Bros Discovery, Paramount Global, Thomson Locations: New York City, U.S

The rally in the Cuban American stronghold of Hialeah is aimed in part at boosting Trump's support among Hispanics in Florida, campaign spokesman Steven Cheung said. Trump's support among Hispanics, the fastest-growing ethnic and racial group in the U.S. electorate, swelled during his 2020 campaign. In a Reuters/Ipsos poll in September 38% of Hispanic respondents said they would vote for Biden, while 36% picked Trump. The Biden campaign isn't sitting on its hands. "It's a political persecution just like Venezuela and Nicaragua,' said Fabio Andrade, a Colombian-American businessman who helps organize Hispanic voters as part of a “Republican Amigos” club.

Persons: Donald Trump, Octavio Jones, Steven Cheung, Christian Ziegler, Hillary Clinton, Democrat Joe Biden, Ron DeSantis, DeSantis, Biden, Trump, George W, Bush, Ziegler, isn't, Fabio Andrade, Nathan Layne, James Oliphant, Jason Lange, Jarrett Renshaw, Ross Colvin, Grant McCool Organizations: U.S, Republican, Florida Freedom Summit, Gaylord, Convention, REUTERS, Miami, Trump, Republican Party of Florida, Dade, Democrat, Republicans, The New York Times, Siena College, Reuters, Pew Research, Biden, Amigos, Thomson Locations: Florida, Kissimmee , Florida, U.S, Cuban, Hialeah, Miami, Dade, Venezuela, Nicaragua, Colombian, American

OHIO ABORTION RIGHTSOhioans voted to enshrine abortion rights in the state constitution, Edison Research projected, which will render moot a six-week abortion limit signed into law by Republican Governor Mike DeWine. The ban is currently on hold pending litigation at the conservative state Supreme Court. The success of Ohio's ballot measure initiative, which put the question of abortion rights to voters directly, adds to a string of ballot measure victories for abortion rights supporters since the Supreme Court overturned Roe v. Wade. PENNSYLVANIA SUPREME COURTThe race for a new state Supreme Court justice will not alter the liberal tilt of Pennsylvania's highest court but could have future implications for abortion rights and election laws in the state. Democrats have a 4-2 majority in the partisan state court, with one vacant seat to be filled in this election.

Persons: Andy Beshear, Jon Cherry, Daniel Cameron, Republican Donald Trump, Beshear, Tate Reeves, Democrat Brandon Presley, Reeves, Presley, Elvis Presley, Roe, Wade, Glenn Youngkin, Mike DeWine, Cherelle Parker, Republican David Oh, Jim Kenney, Sheila Jackson Lee, John Whitmire, Sylvester Turner, Daniel McCaffery, Carolyn Carluccio, Gabriella Borter, Colleen Jenkins, Lincoln Organizations: Democratic, Capitol, REUTERS, Republicans, KENTUCKY, Edison Research, Republican, MISSISSIPPI GOVERNOR Republican, Democrat, Democratic Governors Association, NEW, General, U.S, PENNSYLVANIA, New York Times, Democrats, Thomson Locations: Frankfort , Kentucky, U.S, Kentucky, Mississippi, Virginia, New Jersey, Ohio, COVID, MISSISSIPPI, Northern Mississippi, Southern, VIRGINIA, Virginia's Senate, U.S ., NEW JERSEY, Democratic New Jersey, OHIO, Philadelphia, Houston

☆ Take-Two stock up ahead of earnings on anticipation for GTA 6 announcement
▼ + stars: | 2023-11-08 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

The current release of the game, "Grand Theft Auto V," is the second best-selling game of all time by units sold after Microsoft -subsidiary Mojang's Minecraft. Rockstar's franchises, which include Grand Theft Auto but also Red Dead Redemption, have helped fuel Take-Two's share price growth and $23.16 billion market cap. Investors and consumers alike have long awaited the release of the next Grand Theft Auto game. In August, when the company reported its fiscal 2024 first-quarter earnings, total net bookings grew 20% year-over-year to $1.20 billion. Among the largest contributors, the company said in a release, were Grand Theft Auto Online and Grand Theft Auto V.Take-Two wasn't immediately available to add further comment.

Persons: Sam Houser, hasn't, It's, Strauss Zelnick Organizations: Interactive, Theft, Twitter, Rockstar Games, Bloomberg, Microsoft, Rockstar, Investors

SEATTLE (AP) — Four county elections offices in Washington state were evacuated Wednesday after they received envelopes containing suspicious powders — including two that field-tested positive for fentanyl — while workers were processing ballots from Tuesday’s election. Renton police detective Robert Onishi confirmed that an envelope received by workers at a King County elections office field-tested positive for fentanyl, while Spokane Police Department spokesperson Julie Humphreys said fentanyl was found in an envelope at the Spokane County Elections office, The Seattle Times reported. Political Cartoons View All 1237 ImagesThe envelope received by the Pierce County elections office in Tacoma contained baking soda, Tacoma police spokesperson William Muse told the paper. Halei Watkins, communications manager for King County Elections, told The Seattle Times the envelope opened by staffers in Renton on Wednesday morning was not a ballot. The Secretary of State's Office noted that elections officials in two counties — King and Okanogan — received suspicious substances in envelopes during the August primary.

Persons: Steve Hobbs, ”, Renton, Robert Onishi, Julie Humphreys, William Muse, ” Muse, Halei Watkins, King County, Watkins, Patrick Bell, Okanogan — Organizations: SEATTLE, Seattle —, State's, Spokane Police, Seattle Times, ” Voters, King County, Spokane County, Okanogan, United States Postal Inspection Service Locations: Washington, King County, Seattle, Skagit , Spokane, Pierce, King, Spokane County, Tacoma, Spokane, Renton, Okanogan

☆ Here’s what's worrying analysts going into Disney’s earnings report
▼ + stars: | 2023-11-08 | by ( Brian Evans | ) www.cnbc.com time to read: +4 min

Analysts are eyeing updates on Disney's direct-to-consumer business and ESPN ahead of fiscal fourth-quarter results Wednesday, as the company pivots further into streaming. The analyst has a buy rating on Disney stock with a $125 per share price target, down from $128. Here's what other analysts on Wall Street are saying ahead of Disney's results. MoffettNathanson - buy rating MoffettNathanson has a buy rating on Disney stock and a $115 per share price target. Wells Fargo - overweight rating Wells Fargo analyst Steven Cahall rates the stock overweight with a $110 per share price target.

Persons: Disney, Goldman Sachs, Brett Feldman, Jason Bazinet, Morgan Stanley, Ben Swinburne, Michael Nathanson, Nathanson, Wells, Steven Cahall, Cahall, Michael Bloom Organizations: ESPN, Disney, DIS, Hulu, Comcast, Citi, Press, Sports, CNBC

☆ An Airbnb 'tenant from hell' who stayed at a California rental for 570 days without paying has finally left the property
▼ + stars: | 2023-11-08 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +9 min

An Airbnb landlord said a tenant stopped paying rent and battled to make her leave. It took 570 days of legal back-and-forth, roughly $60,000 in unpaid rent, and a police escort before Elizabeth Hirschhorn finally left the property on Friday, Sebastian Rucci, an attorney for Jovanovic, told Insider. Within an hour of watching Hirschhorn drive away, per Rucci's motion to dismiss the eviction suit against Hirschhorn, Jovanovic changed the locks. The Times reported Jovanovic offered to pay for Hirschhorn to stay in a hotel while the repairs were completed, but she declined. Hirschhorn had refused to relocate unless Jovanovic paid her $100,000, the Times reported, citing a settlement offer the outlet reviewed.

Persons: —, Aleksandar Jovanovic, Elizabeth Hirschhorn, Sebastian Rucci, Jovanovic, Hirschhorn, Amanda, Seward, Pedro Gonzalez, Hirschhorn wouldn't, he's, Allen J, Hirschhorn's, Sascha, Rucci Organizations: Service, Hirschhorn, Los Angeles Times, The Times, Times, Los Angeles Department of Building Locations: California, Brentwood, Oakland , California

Another off-year election, another good night for Democrats – a rejoinder to a spate of recent polls showing alarming 2024 prospects for President Joe Biden. In Election Day’s marquee contests – the Kentucky gubernatorial race, Virginia’s legislative elections and a pro-abortion-rights ballot measure in Ohio – Democrats notched victories. Beyond that, “the real test was Trump’s ability to move voters in a state race,” Cross says. Tate Reeves won a second term – though the race was relatively close for a deep red state. In the secretary of state race, incumbent Michael Watson, a Republican, outran Reeves by more than 8 points in defeating Democrat Ty Pinkins.

Persons: Democrats –, Joe Biden, Andy Beshear, Daniel Cameron, Kentucky’s, Beshear, Biden, Cameron, Glenn Youngkin, ”, Roe, Wade, Beshear’s, Al Cross, Cross, “ I’m, Rich Meagher, Youngkin, “, Paul Beck, Daniel McCaffery, Carolyn Carluccio, Larry Ceisler, Micah Rasmussen, Rider, –, Tate Reeves, Democrat Brandon Presley, Elvis Presley, Reeves, Democrat hasn’t, Presley, Jim Hood, “ Reeves, Steve Rozman, Donald Trump’s, Reeves “, ” Rozman, Republican Russell Coleman, Pamela Stevenson, Michael Adams –, Buddy Wheatley, Lynn Fitch, Democrat Greta Kemp Martin, Michael Watson, outran Reeves, Ty Pinkins, Mark Brewer Organizations: Democrats, Kentucky gubernatorial, Democratic, Republican, GOP, University of Kentucky’s Institute for Rural Journalism, Macon College, Senate, Republicans, Ohio State University, Rebovich Institute for New, Democrat, Public Service Commission, Mississippi, College, University of Maine Locations: Ohio, Kentucky, In Virginia, Letcher, Perry County, Hazard, Breathitt County, Jackson, Virginia, Randolph, Pennsylvania, Philadelphia, ”, New Jersey, Jersey, Rebovich Institute for New Jersey, Mississippi, Maine

☆ Polestar cuts its guidance as it retools its business plan for lower EV sales, higher profits
▼ + stars: | 2023-11-08 | by ( John Rosevear | In Jrosevear | ) www.cnbc.com time to read: +3 min

At the time of its initial public offering last year, Polestar was targeting annual sales of about 290,000 vehicles by the end of 2025. For 2023, Polestar now expects to deliver "approximately 60,000" vehicles, at the low end of its previous guidance range, with a positive gross margin of about 2%. The company had previously guided to deliveries of between 60,000 and 70,000 vehicles in 2023, with a gross margin of 4% for the year. Polestar's gross margin was 1.1% in the first nine months of 2023 and 4.9% in 2022. Production of the Polestar 4, a smaller crossover SUV, will begin in China next week as planned, the company said.

Persons: Polestar, Thomas Ingenlath, Volvo — Organizations: Shanghai International Automobile Industry, National Exhibition, Convention Center, Geely Automobile, Geely, Volvo, Revenue Locations: Shanghai, China, Swedish, United States

☆ US presidential race: What are the key dates?
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +4 min

- Nov. 30: Florida Governor Ron DeSantis, who is seeking the Republican presidential nomination, and California Governor Gavin Newsom, a Democrat who is seen as a future presidential candidate, will debate each other on Fox News. - Jan. 23: Tentative date of the first Republican presidential primary election, to be held in New Hampshire. - Feb. 3: First Democratic presidential primary, to be held in South Carolina. Democrats in Utah will also vote in their primary while Republicans hold their caucuses in the state. - June 4: The final states to hold their presidential primaries are scheduled to do so on this date.

Persons: Brendan McDermid, Joe Biden, Donald Trump, Ron DeSantis, Gavin Newsom, Nikki Haley, Tim Scott, Biden's, whittle, Costas Pitas, Jonathan Oatis, Lisa Shumaker Organizations: REUTERS, Republican, Democratic Party, NBC News, Democrat, Fox News, Democratic, Democratic National Committee, , New, , New Hampshire Democrats, Republicans, South Carolina Republican, Republican National Convention, Democratic National Convention, Thomson Locations: Brooklyn , New York, U.S, Miami, Florida, California, Alabama, Iowa, New Hampshire, South Carolina, Nevada, ,, , New Hampshire, Michigan, Alabama , Arkansas , California , Colorado , Maine , Massachusetts, Minnesota, North Carolina , Oklahoma , Tennessee , Texas , Vermont, Virginia, Utah, Alaska, Georgia , Mississippi, Washington, Hawaii, Arizona , Florida , Illinois , Kansas, Ohio, Milwaukee, Chicago

(This is CNBC Pro's live coverage of Tuesday's analyst calls and Wall Street chatter. Meanwhile, Deutsche Bank downgraded Peloton to hold from buy, slashing its price target on the stock. ET: Deutsche Bank downgrades Peloton on challenging near-term outlook Deutsche Bank analyst Lee Horowitz downgraded Peloton to hold from buy Tuesday, slashing their price target to $4 from $13 per share. Rats gave a €71.0, or $75.84, price target on the stock, implying shares could jump 14%. Ralph Lauren (price target: $130, pointing to 13% upside): The analyst noted Ralph Lauren's "consistent execution" should allow the stock to hold its premium valuation relative to peers.

Persons: Vivek Arya, Arya, — Pia Singh, Lee Horowitz, Horowitz, Peloton's, Morgan Stanley Morgan Stanley, Martijn Rats, Steven Shemesh, Shemesh, Lowe's, Ralph Lauren, Michael Binetti, Binetti, Ralph Lauren —, TJX, Ralph Lauren's, Fred Imbert Organizations: CNBC, ISI, Nike, Deutsche Bank, RBC Capital Markets, Semiconductor, EV, BofA Bank of America, Carbide, Silicon Carbide, TAM, Depot, PCE, TJX, Athletic Locations: France

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