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☆ HMNZS Manawanui: New Zealand loses first naval ship since WW2 threatening oil spill off Samoan coast
▼ + stars: | 2024-10-07 | by ( Isaac Yee | ) edition.cnn.com time to read: +4 min

Acting Samoan Prime Minister Tuala Tevaga Iosefo Ponifasio said in a press statement Sunday that an oil spill was highly probable. “The HMNZS Manawanui is not recoverable and has sunk into the ocean,” he said. Numerous vessels and aircraft were sent to help, including a Royal New Zealand Air Force P-8A Poseidon and C-130J aircraft, the New Zealand navy said. Rescue teams responded to a call for help from New Zealand navy research ship HMNZS Manawanui. The HMNZS Manawanui was a relatively new addition to the New Zealand navy, having been purchased in 2018 for around $100 million NZD ($61 million), though it was built in the early 2000s.

Persons: Brian Rose, Judith Collins, “ It’s, It’s, ”, Divers, “ They’ll, Tuala Tevaga Iosefo Ponifasio, Dave Poole, ” Poole, Chris Luxon Organizations: CNN, New, RNZ, RNZ . New Zealand Defense, Newstalk ZB, Emergency Services, Royal New Zealand Air Force, New Zealand, Sunday, Rescue, Emergency Services Authority New Zealand Locations: Samoa, Upolo, New Zealand, Maninoa, RNZ ., Tafitaola, New

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Persons: Apple, Max Organizations: Business, Prime, Deal, Apple, Amazon, Apple Watch

☆ How the October 7 attacks became a turning point for US politics
▼ + stars: | 2024-10-07 | by ( Stephen Collinson | ) edition.cnn.com time to read: +13 min

Like the September 11 attacks in 2001, the Hamas horror set off a chain of events that affected countless lives, unleashing political disturbances thousands of miles away. At home, the fallout of the Hamas attacks has coincided with the toxic politics of a presidential election year. Deep domestic political aftershocksThe Hamas terror attacks – and Israel’s response – have laid bare and widened splits in American society and domestic politics. He has found common interest with Republicans who sought to use the war to damage Biden as the election loomed. Many American Jews have felt unsafe at home amid antisemitism provoked both by Hamas’ attacks and some of the protests over Israel’s response.

Persons: CNN —, Joe Biden, Kamala Harris, Donald Trump, Israel, Biden, Harris, it’s, Benjamin Netanyahu, Antony Blinken, William Burns, Netanyahu, Yahya Sinwar, Weeks, outlast Biden, bequeath, Trump, –, Fury, Joe, “, ” Harris, ”, Clinton, ’, Israel shouldn’t, goading Netanyahu, ” Trump, Jonathan Greenblatt, he’d, ” Greenblatt, Dana Bash, What’s, bedeviled Biden Organizations: CNN, Hezbollah, Democratic Party, Trump, CIA, US, Republicans, Democratic, Arab American, CBS, Washington, GOP, Defamation League, ADL Locations: Israel, America, Iran, United States, Yemen, Red, Washington, Jordan, Gaza, Russia, China, Lebanon, Michigan, North Carolina, “ State

I've wanted Home Depot's 12-foot skeleton since it first was a thing. (See our "alternatives" section below if you can't get your hands on the 12-foot skeleton.) James Brains/Business InsiderThe 12-foot skeleton didn't just arrive via the classic FedEx or UPS. While it's quite cumbersome, someone might try to steal your 12-foot skeleton, which only weighs about 60 pounds. The 12-foot skeleton has become a landmark in my neighborhood.

Persons: I've, it's, Skelly Skelly, Skelly, James Brains, Jack Skellington, Erin Brains, Skelly Ripa, Skelloncé, MaSkully Skullkin, We've, we've Organizations: Business, Bowl, Skelly The East, Skelly The East Lansing Home Depot, FedEx, UPS, Depot Locations: Skelly The East Lansing

☆ Russia may have lost a rare drone over Ukraine — and it could be an intelligence win for the West
▼ + stars: | 2024-10-07 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

The suspected drone crashed in eastern Ukraine, but the cause is still unknown. Losing one is not only a blow for Russia; it could be a big intelligence win for the West. AdvertisementUkrainian service members inspect parts of a Russian S-70 drone in eastern Ukraine on October 5. AdvertisementRussia's S-70 drone is seen taking off at an unidentified location in August 2019. AdvertisementUkrainian scene investigators examine the suspected S-70 wreckage in eastern Ukraine on October 5.

Persons: —, Russia hasn't, Nuzhnenko, Russia's, AP Samuel Bendett, Bendett, ROMAN PILIPEY, Hunter, Lockheed Martin Organizations: Service, Kyiv, NATO, Radio Free, Radio Liberty, Institute for, Russian Defense Ministry Press Service, AP, Center for Naval Analyses, Business, Getty, Lockheed Locations: Russia, Ukraine, Moscow, Kostyantynivka, Ukraine's Donetsk, Russian, Radio Free Europe, AFP

☆ Jim Cramer says Abbott Labs picked up a 'very big win' — here's where the stock is going
▼ + stars: | 2024-10-07 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Oil prices also continued their climb higher on escalating tensions in the Middle East — though Jim Cramer cautioned investors against chasing the concurrent rally in energy stocks at this point. 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, downgrades, We'll, Morgan Stanley, Wells Fargo, Jim, Abbott, Louis, Stocks, Jim Cramer's Organizations: CNBC, Apple, DuPont, Constellation Brands, Federal, U.S, Bank, Abbott Laboratories, FDA, CDC, NIH, Abbott Labs, Pfizer, American Express, KB, Netflix, Air Products, Chemicals, Jim Cramer's Charitable Locations: U.S, St

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Persons: We'll, we've, you'll, I'm, we'd, You'll, Apple, LG's, 120Hz, HLG, vacuums, seltzer, shams, Dyson, OmniForce, Bissell, Loren, LQ, It's, I've, Skip Organizations: Business, Amazon Prime, Deal, Apple, Deal Sony, Slim, Alexa, Kindle, Google, Amazon Samsung Galaxy Watch, Galaxy Watch, Amazon Samsung, LG, Sony, Samsung, Amazon, Dolby, HLG Smart, Amazon LG, Chatelet Air, Barista, DELTA, Delta, Dyson, Bissell, REVLON, Revlon, Amazon Braun, Braun Locations: Delsey

☆ Russia's apparent loss of one of its new heavy Hunter drones over Ukraine could be an intelligence win for Kyiv and the West
▼ + stars: | 2024-10-07 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

The suspected drone crashed in eastern Ukraine, but the cause is still unknown. Russia hasn't built very many of the S-70 Okhotnik-B (Hunter) drones, which made their combat debut during the ongoing Ukraine war. AdvertisementUkrainian service members inspect parts of a Russian S-70 drone in eastern Ukraine on October 5. AdvertisementRussia's S-70 drone is seen taking off at an unidentified location in August 2019. AdvertisementUkrainian scene investigators examine the suspected S-70 wreckage in eastern Ukraine on October 5.

☆ Fed cuts could turn the tide for commercial real estate. Where to find opportunity
▼ + stars: | 2024-10-07 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Federal Reserve interest rate cuts may help turn the tide for commercial real estate. "Lower interest rates are not a magic bullet, but less restrictive monetary policy lays the groundwork for a commercial real estate recovery," wrote senior economist Charlie Dougherty. "Decreased long-term interest rates appear to be easing upward pressure on cap rates and slowing declines in property valuations. "That said, reduced interest rates should prevent distress from spreading and shorten the hurdles coming down the road," he added. Gimple specifically likes single-asset, single-borrower CMBS and commercial real estate collateralized loan obligations.

Persons: Wells Fargo, Charlie Dougherty, Dougherty, Douglas Gimple, Gimple, It's, that's Organizations: Treasury, Companies, Fed Locations: Central, Diamond, Los Angeles, New York, Miami, Hawaii

☆ CBS News says heated Ta-Nehisi Coates interview did not meet editorial standards after criticism
▼ + stars: | 2024-10-07 | by ( Brian Stelter | Hadas Gold | ) edition.cnn.com time to read: +5 min

New York CNN —CBS News executives said Monday that a heated morning show interview with acclaimed author Ta-Nehisi Coates, during which his new book was compared to “extremist” writings, did not meet the network’s editorial standards. CBS executives told staffers during a daily editorial meeting that the contentious “CBS Mornings” interview last week with Coates, led by co-anchor Tony Dokoupil, had been addressed with Dokoupil. The assessment pacified some employees who had objected to Dokoupil’s tone during the segment with Coates. During the September 30 interview, Dokoupil took issue with Coates’ framing in the book. The gripping interview — intense by the often cozy standards of morning television —has since been viewed many millions of times on streaming websites.

Persons: Nehisi Coates, Coates, Tony Dokoupil, Dokoupil, Dokoupil’s, Tony, Israel, ” Coates, “, ” Dokoupil, Gayle King, Nate Burleson, ”, —, Wendy McMahon, Adrienne Roark, McMahon, Roark didn’t, Jan Crawford Organizations: New, New York CNN, CBS, CNN, Management Locations: New York, Israel

☆ Trump has thoughts on how to make Gaza 'the most beautiful place'
▼ + stars: | 2024-10-07 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +4 min

Donald Trump said Gaza could be rebuilt into one of the most beautiful places in the world. I mean, they have the back of a plant facing the ocean, you know," Trump told conservative radio host Hugh Hewitt on Monday. You know, as a developer, it could be the most beautiful place – the weather, the water, the whole thing, the climate." Trump was addressing the future of Gaza on the first anniversary of the October 7 terrorist attacks, where Hamas militants killed roughly 1,200 people in Israel. "Gaza's waterfront property, it could be very valuable, if people would focus on building up livelihoods," Kushner told a Harvard-affiliated program in February.

Persons: Donald Trump, Trump's, Jared Kushner, —, I've, what's, Trump, Hugh Hewitt, Hewitt, Israel, isn't, Kushner, Joe Biden, Benjamin Netanyahu, Gazans Organizations: Service, White, Harvard, New York Times, UN, Bloomberg, Marshall Plan Locations: Gaza, Israel, Monaco, Lebanon, Iranian, London, Europe

As with Gaza, US officials say Israel was initially planning for a much larger ground incursion into Lebanon before the US convinced it to scale back. ‘The right moment’ for diplomacyThe US still wants to see Lebanon ceasefire talks resume, officials said, and US officials continue to believe that the conflict can only be resolved diplomatically. Nasrallah and other members of Hezbollah’s senior leadership are now dead as a result of Israel’s operations in Lebanon. Earlier in the day, a reluctant Biden told reporters he’d be “comfortable with [Israel] stopping” the campaign in Lebanon that risked further inflaming the region. Behind closed doors, sources say, Biden offered reluctant support for eliminating Hezbollah infrastructure along Israel’s border and in southern Lebanon, as long as Israel’s operations remained limited in nature.

Persons: Israel upended, Benjamin Netanyahu’s, Biden, Israel, Matthew Miller, that’s, Joe Biden, ” Alon Pinkas, Yoav Gallant, Lloyd Austin, Gallant, Pinkas, ” Pinkas, Netanyahu, Hassan Nasrallah, ” Gallant, ‘, “ We’re, Karine Jean, Pierre, ”, Nasrallah, Austin, “, “ What’s, Antony Blinken, CQ Brown, National Intelligence Avril Haines –, he’d, hasn’t, ” Maj, Patrick Ryder, ” Israel, Ryder, Miller, CNN’s MJ Lee, Alex Marquardt Organizations: CNN, Biden, White House, Hamas, ”, ” Senior, US, Israeli, Israel, Iran, Joint Chiefs, National Intelligence, Pentagon, State Department Locations: Lebanon, Iran, Gaza, Israel, France, ”, Washington, Israeli, New York, Beirut, Lebanese, “, Austin, Beirut’s

☆ I toured an electric 'air taxi' that plans to launch in New York and Los Angeles as soon as 2025. See inside.
▼ + stars: | 2024-10-07 | by ( Taylor Rains | ) www.businessinsider.com time to read: +1 min

Joby Aviation plans to launch commercial "air taxis" in New York City and Los Angeles in 2025. The company has backing from from Toyota, Uber, and Delta Air Lines. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementElectric aircraft manufacturer Joby Aviation plans to launch commercial "air taxis" in New York City and Los Angeles by late 2025 as a more efficient alternative to driving or taking the train. AdvertisementJoby has secured hundreds of millions of dollars of investments from Toyota, Delta Air Lines, and Uber, with which it has a strategic partnership to launch its commercial air taxi service by 2025 (pending regulatory approval).

Persons: Joby's, —, Joby Organizations: Aviation, Toyota, Delta Air Lines, Service, Joby Aviation Locations: New York City, Los Angeles

☆ A year on from October 7, the Middle East is facing its greatest upheaval in a half-century
▼ + stars: | 2024-10-07 | by ( Nic Robertson | ) edition.cnn.com time to read: +8 min

Propelled by US incentives, Saudi Arabia and Israel seemed closer than ever to a historic normalization of relations. It was October 10, and Major General Itai Veruv of the Israel Defense Forces (IDF) was leading the first international press access to see the devastation of Hamas’ attacks. Israel's Prime Minister Benjamin Netanyahu is unwilling to be a partner in a deal that would resow Middle East relations. Nearly 42,000 Palestinians in Gaza have been killed, many by US bombs and bullets in Israel’s hands, authorities in Gaza say. Tehran’s Shia proxies in Iraq have also answered its calls and begun escalating drone attacks on Israel.

Persons: Butchery, Yahya Sinwar, Itai Veruv, General Eisenhower, Benjamin Netanyahu, Jack Guez, haven’t, Israel’s, Netanyahu, Joe Biden’s, Hassan Nasrallah, Israel –, Biden, Mohammed Bin Salman, Anwar Gargash, cleaver Organizations: CNN, Hamas, Aza, Israel Defense Forces, Israel's, Getty, West Bank, Saudi, Saudi’s Crown, MBS Locations: Israel, Saudi Arabia, Gaza, AFP, Lebanon, Iran, United States, Tehran, Tel Aviv, Iraq, Saudi, Palestinian, UAE

☆ Sovereign AI explained: An AI cloud CEO unpacks what's behind the trend
▼ + stars: | 2024-10-07 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +7 min

The company started buying Nvidia GPUs in 2021, getting to the AI cloud computing business earlier than most. CEO J.J. Kardwell describes the company as the largest privately-held cloud computing platform in the world. It also makes the Vultr boss well-positioned to explain a phrase frequently on the lips of AI luminaries like Nvidia CEO Jensen Huang: sovereign AI. Sovereign cloud is the delivery of cloud infrastructure as a service, typically inside a country. BI: AI computing is extremely energy intensive, and concerns about the US grid abound.

Persons: —, it's, J.J, Kardwell, Jensen Huang, we'll Organizations: Vultr, Service, Nvidia, Singtel, Department of Defense Locations: Singapore, Malaysia

☆ Adtech company PubMatic lays off staffers as it tightens focus on growth areas like connected-TV ads
▼ + stars: | 2024-10-07 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +3 min

PubMatic conducted a layoff last week as part of a plan to focus on growth areas. PubMatic said it plans to increase its overall head count by 15% despite recent challenges. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementPubMatic, the publicly listed adtech company, last week conducted a layoff as it looks to reorient its business toward growth areas like connected-TV advertising, according to four people familiar with the matter. "PubMatic is optimizing operations to focus on high-growth areas such as supply path optimization, CTV, and commerce media," the spokesperson said in a statement.

Persons: PubMatic, —, AdExchanger, Steve Pantelick Organizations: Service, CTV Locations: New York City, California

☆ How I built a $2 billion a year super app called Grab: '20 hour' work days
▼ + stars: | 2024-10-07 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +6 min

After the business went public in the U.S. in December 2021, it brought in over $2 billion in revenue in 2023, according to documents reviewed by CNBC Make It. As of 2023, Grab also serves over 35 million customers and provides 13 million gig jobs across eight countries in Southeast Asia. "We both really believed we were very blessed [and] we wanted to serve Southeast Asia." There's no arguing, however, that Grab has shaped the very infrastructure of Southeast Asia. In December 2021, Grab went public and listed on the Nasdaq.

Persons: Anthony Tan didn't, Tan Heng, Tan, Tan's, that's, Ferdinand ] Marcos, Hooi Ling Tan, Anthony Tan, Uber, Dara Khosrowshahi Organizations: Kuala Lumpur Stock Exchange, CNBC, Harvard Business School, Base, Malaysian, Nasdaq Locations: Tan Heng Chew, U.S, Southeast Asia, Philippines, Malaysia, Kuala Lumpur, Chi Minh, Vietnam, Manila, Asia, Southeast

☆ CDC will start screening travelers from Rwanda to the US for Marburg virus
▼ + stars: | 2024-10-07 | by ( Katherine Dillinger | ) edition.cnn.com time to read: +3 min

CNN —Amid an outbreak of Marburg virus in Rwanda, travelers coming into the United States who have been in Rwanda in the previous 21 days will be screened starting next week, the US Department of Health and Human Services announced Monday. There are no confirmed cases of Marburg virus disease – a rare but deadly hemorrhagic disease similar to Ebola – outside Rwanda, and officials have said that the current risk to the US is low. The CDC is also issuing a Level 3 Travel Health Notice, recommending that people reconsider nonessential travel to Rwanda, and sending automated texts to air travelers arriving from Rwanda to share information and instructions. As of Monday, there have been 56 confirmed cases of Marburg in Rwanda, with 36 people in isolation and treatment, and 12 deaths, according to the Ministry of Health. The CDC and the World Health Organization have deployed teams of experts to Rwanda to provide guidance and assistance to public health workers there.

Persons: CNN —, Sean Savett, Dr, Sanjay Gupta, CNN’s Jen Christensen, Donald Judd Organizations: CNN, US Department of Health, Human Services, HHS, US Centers for Disease Control, Prevention, CDC, Ministry of Health, World Health Organization, National Security, CNN Health, MVD Locations: Marburg, Rwanda, United States

The terror attack has helped push the Middle East to the brink of a wider regional war. One year after the massacre, the Middle East has only plunged deeper into violence and is on the brink of a broader war. Globally, the immediate concern is that oil supplies will diminish significantly should conflict spill over to the rest of the Middle East. Everyone but Biden can see this," wrote Andrew Exum, a former US deputy assistant secretary of defense for Middle East policy, in The Atlantic last week. The global economy on edgeWhen the conflict began a year ago, there were fears that wider conflict in the Middle East could impact the global economy.

Persons: —, Israel, Chuck Frielich, Frielich, Yemen's Houthi, Mohammed Hamoud, barraged, Ammar Safarjalani, Ismail Haniyeh, Haniyeh, Fuad Shukr, Hasan Nasrallah, Qasem Soleimani, JOSEPH EID, JALAA MAREY, Nasrallah, bode, Benjamin Netanyahu, Carmel Gat, Netanyahu, Joe Biden, Biden, Andrew Exum, Brent, Vladimir Putin Organizations: Service, Israel Defense Forces, Hamas, Iranian Revolutionary Guard Corps, The Washington Institute for Near East, Getty Images Iran, Getty, Israel's, United Nations General Assembly, Citigroup, Iranian, US, Middle, Business, Bank of Israel, Reuters, IMF Locations: Israel, Iran, Gaza, Suez, Aden, Red, Palestine, Syria, Damascus, Xinhua, Tehran, Beirut, Haniyeh, Shukr, Lebanon, AFP, Hezbollah's, United States, Ukraine

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Amazon, Netflix, Campbell Soup, Gilead, American Express & more
▼ + stars: | 2024-10-07 | by ( Michael Bloom | ) www.cnbc.com time to read: +10 min

Wells Fargo upgrades Gilead to overweight from equal weight Wells says the biopharma company has an attractive setup. Wells Fargo upgrades Canadian National to overweight from equal weight Wells says it sees "accelerating growth" for the railway company. Barclays downgrades Netflix to underweight from equal weight Barclay says the "growth algorithm is getting more complex." Wells Fargo downgrades Amazon to equal weight from overweight Wells says the "positive revision story [is] on pause for Amazon. JPMorgan upgrades Ally Financial to overweight from neutral and downgrades American Express to neutral from overweight JPMorgan downgraded American Express and says it sees "asymmetric risk."

Persons: Jefferies, Wells, Morgan Stanley, it's bullish, Barclay, NFLX, Piper Sandler, Piper, Mizuho, JPMorgan downgrades Lamb Weston, JPMorgan, downgrades Sherwin, Williams, KeyBanc, Bernstein, Campbell, underperform Bernstein, Coupang, CPNG, Barclays downgrades, Avery Dennison, Garmin, Hershey Organizations: Apple, Apple Intelligence LT, UW, Vertiv Holdings, Coty, Barclays, Netflix, MKSI, Mizuho, JPMorgan, Deutsche Bank, Alliance, Deutsche, UBS, NXP, Express, American Express, Barclays downgrades DuPont, DuPont, Bank of America downgrades Constellation Brands, Bank of America, Constellation Brands, Bank of America downgrades Comerica, of America, CMA, Air Products, Hershey Locations: OW, Gilead, Canada, underperform

☆ The Middle East is on high alert for October 7 anniversary attacks as Israel intensifies strikes on Gaza and Lebanon
▼ + stars: | 2024-10-07 | by ( Hannah Abraham | Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +5 min

The Middle East is anticipating strikes on the anniversary of the October 7 terror attacks. Israeli offensives have targeted several Middle Eastern regions, including Gaza, Lebanon, and Syria. AdvertisementThe Middle East is on high alert for military strikes timed to coincide with the first anniversary of the October 7 terror attacks on Israel. AdvertisementThere are fears the conflict could escalate into a full-blown war in the Middle East. AdvertisementIn June, the IMF said that the long-term economic effects of conflict on real GDP per capita in the Middle East would be particularly severe.

Persons: —, Yuval Baron, Keith Siegel, Adm, Daniel Hagari, Israel, Khader Ali Tawil, Kfar Yuval, Georgios Petropoulos, Jake Oubina, Piper Sandler Organizations: Service, Gaza Health Ministry, Reuters, Military, UN Humanitarian Affairs, CNN, Hamas, Health Ministry, BBC, Bank of Israel, Fox Business Locations: Gaza, Lebanon, Syria, Haifa, Israel, Iran, Tiberias, Beirut, Kfar, suboffice, Rafah, Yemen

☆ Video shows the apparent destruction of a $10M Russian air defense system with a cheap drone worth a few hundred dollars
▼ + stars: | 2024-10-07 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Ukraine shared footage of what it claims was a cheap drone destroying Russian air defense equipment. It said the Russian system was worth $10 million, while the drone cost a few hundred dollars. Ukraine has used drones to take out advanced Russian military gear since the start of the war. AdvertisementNew footage shared by Ukraine shows the apparent destruction of a $10 million Russian air defense system using a cheap drone. Ukrainian President Volodymyr Zelenskyy said last week that Ukraine's defense companies can now produce 4 million drones a year.

Persons: —, GUR, Volodymyr Zelenskyy Organizations: Service, Osa Locations: Ukraine, Russian, Russia, Europe

☆ Stocks making the biggest moves midday: Generac, Amazon, Pfizer and more
▼ + stars: | 2024-10-07 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Generac Holdings — Shares of the maker of power generators surged 8% as Hurricane Milton intensified into a Category 5 storm . Amazon — The e-commerce stock lost 2.9% after Wells Fargo downgraded shares to equal weight from overweight and cut its price target, citing slowing growth and competition from Walmart. Hershey – Shares fell 2% after the chocolate maker was downgraded to neutral at UBS and to market perform at Bernstein. JPMorgan downgraded shares to underweight from neutral, citing dwindling confidence in the Israel-based company grapples with share loss concerns and volume challenge. JPMorgan downgraded shares to neutral, citing limited EPS upside from here.

Persons: Milton, Wells, Chubb, Morgan Stanley, Coty, Ashley Helgans, Arcadium, Bernstein, GLP, Ciena, —, Yun Li, Hakyung Kim, Alex Harring, Jesse Pound, Michelle Fox, Sean Conlon, Pia Singh Organizations: Generac Holdings, Walmart, Pfizer —, CNBC, Insurance, —, Allstate, Travelers, Progressive, Hurricane, Universal Insurance, Air Products, Chemicals, Garmin —, Garmin, Jefferies, Rio Tinto, Hershey –, UBS, Butterfly Equity, JPMorgan, Apple Locations: Florida, Hurricane Milton, Fort Lauderdale , Florida, Wells Fargo, California, Israel

With 30 days to Election Day, Vice President Kamala Harris and her running mate, Minnesota Gov. Tim Walz, are launching a media blitz that began on Sunday, with the two set to appear in a handful of interviews with traditional and new media figures, a senior Harris campaign official told NBC News. The media blitz from Harris and Walz comes after Republicans have criticized the pair for weeks for avoiding taking questions from the media. The upcoming media interviews will also be accompanied by campaign events in battleground states for Harris and Walz. Harris will be in battleground Nevada on Thursday for several campaign stops and a Univision town hall.

Persons: Kamala Harris, Tim Walz, Harris, Stephen Colbert ”, Walz, Jimmy Kimmel, Howard Stern, Alex Cooper, “, he’s, They’ve, Ohio Sen, JD Vance, Donald Trump’s, William Martin, Vance, baselessly, ” Martin, she’ll Organizations: Minnesota Gov, NBC News, CBS, “ Fox, Democratic, Ohio, NBC, Univision Locations: New York, China, Guantanamo, Nevada, Arizona

Target Circle Week is here, offering discounts across categories like home, tech and kitchen. Below, I rounded up the best Target Circle Week deals, all of which are highly rated and at least 20% off. SKIP AHEAD Best Target Circle Week deals | More Target Circle Week sales to shop | Best sales at other retailers | How I picked the best Target Circle Week | Why trust NBC Select? Best Target Circle Week salesHere are the best Target Circle Week sales to know about. Best sales at other retailers right nowHow I found the best Target Circle Week dealsAll of my recommendations above are based on NBC Select’s previous coverage and reporting.

Persons: fryer, Cory Fernandez, TikTok Organizations: Circle, Amazon, NBC, Target Hatch, Apple, EA Sports, Xbox, PlayStation, Facebook, Twitter

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