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SEOUL, Nov 23 (Reuters) - One of the stages of North Korea's satellite launch rocket exploded after separation on Tuesday, video captured by an South Korean astronomy observatory showed, in what some analysts said may have been deliberate destruction to prevent recovery. North Korea launched its first spy satellite into orbit on Tuesday, after two previous attempts this year ended with the rockets crashing during flight. The South Korean military is seeking to find and salvage debris from the rocket, South Korea's defence ministry told parliament on Thursday. Recovering parts of the rocket could provide valuable intelligence on its capabilities and components, experts have said, and South Korea has accused Russia of providing technical aid to North Korea for this latest launch. Russia denied any military cooperation, but President Vladimir Putin in September publicly promised to help North Korea build satellites.

Persons: Byun Yong, Marco Langbroek, Langbroek, Vladimir Putin, Josh Smith, Hyonhee Shin, Gerry Doyle, Bernadette Baum Organizations: Korea's Yonsei University, Yonsei University, Reuters, Delft University of Technology, South, South Korean, Russia, Thomson Locations: SEOUL, Korean, North Korea, U.S, Netherlands, China, South Korea, Russia

North Korea said it placed its first spy satellite in orbit on Tuesday. South Korea's military said North Korea's military reconnaissance satellite was believed to have entered orbit, but it would take time to assess whether it was operating normally. Critics have said the pact weakened South Korea's ability to monitor the North's near the border while North Korea had violated the agreement. South Korea said it was suspending a clause in the agreement and resuming aerial surveillance near the border. North Korea had notified Japan of a satellite launch after two failed attempts to put what it called spy satellites into orbit this year.

Persons: Kim, Kim Jong Un, KCNA, Adrienne Watson, Jonathan McDowell, Shin Won, sik, Kim Jong, Shin, Yoon Suk Yeol, Yoon, Moon Jae, Critics, Carl Vinson, U.N, Antonio Guterres, Vladimir Putin, Hong Min, Hyunsu Yim, hyang Choi, Josh Smith, Hyonhee Shin, Joyce Lee, Liz Lee, Satoshi Sugiyama, Ed Davies, Jack Kim, Gerry Doyle, Alex Richardson, Kim Coghill Organizations: Reuters, KCNA, REUTERS Acquire, North, ., U.S, Andersen Air Force Base, Pentagon, . National Security, Harvard – Smithsonian Center for Astrophysics, U.S . Space Force, South Korea's Defence, National Security, South Korean, Korea's Defence, Korea Institute for National Unification, South, U.S ., Thomson Locations: North Gyeongsang Province, North Korea, Korea, South Korea, SEOUL, United States, . North Korea, Pyongyang, Pacific, Guam, U.S, South, Britain, North, Santa Fe, Korean, Japan, China, North Korea's, RUSSIA, Russian, Russia, Minwoo, Seoul, Beijing, Tokyo

☆ Military agreement fractures as tensions rise with North Korea
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +4 min

A rocket carrying a spy satellite Malligyong-1 is launched, as North Korean government claims, in a location given as North Gyeongsang Province, North Korea in this handout picture obtained by Reuters on November 21, 2023. South Korea had accused Pyongyang of violating the agreement after North Korean artillery shells fell into a maritime buffer zone that was supposed to be free of live-fire drills under the agreement. The North then said South Korea had resumed the use of propaganda loudspeakers at the border in violation of the agreement. South Korea's military will restart aerial surveillance in border areas, which had been conducted before the agreement was signed, the defence ministry said. South Korea said, however, its decisions on whether to take further actions to pull out of the military agreement would depend on the North's follow-up moves.

Persons: Han Duck, Kim Jong Un, Moon Jae, denuclearisation, Kim Myung, Ed Davies, Gerry Doyle Organizations: Reuters, KCNA, REUTERS Acquire, Rights, South, Korean, CMA, North, BE, Thomson Locations: North Gyeongsang Province, North Korea, Rights SEOUL, South Korea, Korea, South, Pyongyang, Seoul

[1/6] A rocket carrying a spy satellite Malligyong-1 is launched, as North Korean government claims, in a location given as North Gyeongsang Province, North Korea in this handout picture obtained by Reuters on November 21, 2023. North Korea said it placed its first spy satellite in orbit on Tuesday and vowed to launch more in the near future. Officials in South Korea and Japan, which first reported the launch, could not immediately verify whether a satellite was in orbit. Russia and North Korea have denied conducting arms deals, but are publicly promising deeper cooperation. South Korea's military said it believed the latest rocket carried a reconnaissance satellite and was launched toward the south.

Persons: Kim Jong Un, Sabrina Singh, Han Duck, Yoon Suk Yeol, Moon Jae, Kim Jong, KCNA, Adrienne Watson, Vladimir Putin, Lee Choon, Hyunsu Yim, hyang Choi, Josh Smith, Ed Davies, Gerry Doyle Organizations: Reuters, KCNA, REUTERS Acquire, Rights, North, Pentagon, South Korean, Korean, National Security Council, South Korea's National Security Council, National Aerospace Technology Administration, . National Security, South Korea's Science, Technology Policy Institute, South, U.S ., Thomson Locations: North Gyeongsang Province, North Korea, Rights SEOUL, South Korea, Pyongyang, United States, North Korean, Japan, U.S, Britain, South, Korea, Russian, Moscow, Russia, Okinawa

☆ What to know about North Korea's spy satellite launch
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +6 min

WHAT ARE THE CAPABILITIES OF NORTH KOREA'S ON-ORBIT SPY SATELLITE? To launch a more-capable satellite, North Korea will most likely need to develop a larger rocket, which it appears to be doing, he said. South Korea's spy agency has said North Korea may have overcome technical hurdles with the help of Russia, which in September publicly pledged to help Pyongyang build satellites. The United States and its allies called North Korea's latest satellite tests clear violations of United Nations Security Council resolutions, which prohibit development of technology applicable to North Korea's ballistic missile programs. "North Korea is no longer shy about testing ICBMs, so no - this really is an SLV," he said.

Persons: Jonathan McDowell, Hong Min, Kim Jong Un, Vann Van Diepen, Van Diepen, Jeffrey Lewis, Chang Young, Lee Choon, Pyongyang’s, Lewis, Hyun Young Yi, Hyonhee Shin, Josh Smith, Angus MacSwan Organizations: Reuters, KCNA, REUTERS Acquire, Rights, Harvard – Smithsonian Center for Astrophysics, U.S . Space Force, Korea Institute for National Unification, Stimson, North, Middlebury Institute of International Studies, Korea Aerospace University, South Korea's Science, Technology Policy, United Nations, Thomson Locations: North Gyeongsang Province, North Korea, Rights SEOUL, North, Korea, Pyongyang, U.S, Washington, South Korea, RUSSIA, Russia, Moscow, United States

☆ Hybrid vehicle sales surge in China, posing fresh threat to foreign automakers
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +6 min

A Li L7 electric SUV by Li Auto is displayed at the Auto Shanghai show, in Shanghai, China April 18, 2023. One-third of total vehicle sales by Toyota, the world's top-selling automaker, are already hybrids and the company reported a 34% surge in hybrid sales in the six months to end-September, outpacing 9% growth in overall revenue. Sales of HEVs in China, which Toyota still dominates with four top-selling models, tumbled 15%, while gasoline car sales dropped 11%, underscoring potential challenges facing foreign automakers. But it was a failed trial, with sales of just over 4,000 units, and GM in 2020 halted sales. BYD is expanding PHEV sales overseas, offering Han, Qin and Song lineups in Latin America, which has less charging infrastructure.

Persons: Li Auto, Aly, Xu Min, Yale Zhang, BYD, Li, Han, Qin, Stellantis, Leapmotor, Xu, Bill Russo, Zhang Yan, Brenda Goh, Miyoung Kim, Gerry Doyle Organizations: Li, Auto, REUTERS, Rights, Toyota, Honda, Shanghai Jiao Tong University's Institute, Intelligent, Reuters, China Association of Automobile Manufacturers, HK, Automotive Foresight, Reuters Graphics, Prius, General Motors, Buick, GM, Li Auto, Jiao Tong University, HEVs, Thomson Locations: Auto Shanghai, Shanghai, China, Europe, U.S, outpacing, United States, Shanghai Jiao, Reuters Graphics CHINA, America, Leapmotor, North America

☆ The S&P 500 is starting to form a 'cup and handle' pattern. How to watch for the potential breakout ahead
▼ + stars: | 2023-11-21 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

A "cup and handle" pattern is forming in the S & P 500, and could signal a potential breakout ahead, according to Bank of America. The S & P 500 is higher by more than 8% in November, while the Nasdaq Composite has gained 11%. But technical strategist Stephen Suttmeier pointed to a growing "cup and handle" pattern in the S & P 500 that could mean the broader index could swing to new all-time highs. The bullish stock trading pattern is formed when the price of an asset rises, falls to form a base, and then gains once more, signaling a potential buying opportunity. The S & P 500 closed Monday at 4,547.38.

Persons: Stocks, Stephen Suttmeier, Suttmeier Organizations: Bank of America, Nasdaq

☆ Stocks making the biggest moves before the bell: Lowe's, Dick's, Best Buy, Kohl's and more
▼ + stars: | 2023-11-21 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Lowe's — The home-improvement retailer dropped 3.9% after cutting its sales outlook for the full year. Lowe's also missed analyst expectations for revenue in the third quarter, as sales slid 13% year over year. Best Buy — Shares of the consumer electronics retailer fell 5.9% after the company cut its full year sales outlook in an effort to prepare for price-conscious holiday shoppers. Best Buy beat Wall Street's quarterly earnings expectations, but fell short on revenue. Kohl's lowered the low end of its full year same-store sales outlook.

Persons: Lowe's, Kohl's, Medtronic, LSEG, Oppenheimer, Goldman Sachs, Goldman, Morgan Stanley, Cloudflare, Macheel, Sarah Min, Michelle Fox, Yun Li, Jesse Pound Organizations: Dick's, Goods, American Eagle Outfitters, Burlington Stores, Baidu, Wall, LSEG, Gen, — Locations: Burlington

CNBC Pro reviewed FactSet data to see how the major indexes fared 12 months after the final rate hike in prior cycles. In fact, as Hooper observed, the S & P 500 saw double-digit returns following the last increase in five out of the last six rate-hiking cycles. After the final rate hike in June 2006, the S & P 500 gained 18% in the following 12 months, in the runup to the Global Financial Crisis. The S & P 500 lost 12%, while the Nasdaq Composite plunged 41%. The Dow alone came out in positive territory 12 months out.

Persons: Invesco's Kristina Hooper, CNBC's, it's, Hooper, Russell, Dow, Invesco's Hooper Organizations: CNBC Pro, Nasdaq, CNBC, Dow Jones Industrial, Global

☆ Stocks making the biggest moves midday: Amazon, Medtronic, American Eagle, Lowe's, C3.ai and more
▼ + stars: | 2023-11-21 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Kohl's — Shares dropped more than 9% after the retailer reported weaker-than-expected revenues for the third quarter. American Eagle Outfitters — The apparel retailer sank 16% after its operating income guidance for the full year came in weaker than expected. C3.ai — Shares of the artificial intelligence software company added 3.4% in midday trading following an upgrade to outperform from Oppenheimer. Baidu reported 34.45 billion yuan for the quarter, surpassing the consensus estimate of 34.33 billion yuan from analysts polled by LSEG. Lowe's — Shares of the home improvement retailer dipped 2.7% after Lowe's reported softer-than-expected revenue for the third quarter .

Persons: CNBC's David Faber, Jeff Bezos, Faber, Medtronic, Kohl's, Timothy Horan, Fitch, — CNBC's Brian Evans, Alex Harring, Jesse Pound, Tanaya Macheel, Sarah Min Organizations: Amazon, Burlington, LSEG, Eagle Outfitters, Oppenheimer, Baidu, VMWare, Broadcom, Dick's, Goods, Abercrombie, Technologies, Agilent Technologies Locations: Burlington

☆ Son bags double for South Korea as top sides win in Asian qualifiers
▼ + stars: | 2023-11-21 | by ( Michael Church | ) www.reuters.com time to read: +4 min

Japan, Australia, Qatar, United Arab Emirates and Saudi Arabia all won, while Kuwait and North Korea scored a flurry of goals en route to victories. Australia and Palestine players stood for a minute's silence ahead of their game, which was played in Kuwait due to the Israel-Hamas conflict. Son was in top form as South Korea completed back-to-back wins at the start of their challenge for a place at the 2026 finals. Players held a minute's silence ahead of kickoff before Souttar scored the game's only goal with an 18th-minute header. Kuwait, meanwhile, thrashed Afghanistan 4-0 away to move into second place in Group A behind Qatar.

Persons: Korea's Son Heung, Min, Tingshu Wang, Ueda, Heung, Son, Yan Junling, Lee Kang, Jung Seung, Yan, Thais, Suphanat Mueanta, Mano Polking's, Ayase Ueda, Hajime Moriyasu's, Jong Il Gwan, Harry Souttar, Kuwait's Jaber Al, Souttar, Oston Orunov, Igor Sergeev, Mohanad Ali, Jesus Casas, Darren Lok, Amadoni Kamolov, Saudi Arabia's Saleh Al Shehri, Jordan, Abdalla, Ali Mabkhout, Michael Church, Angelica Medina, Toby Davis Organizations: Soccer Football, AFC, Shenzhen Universiade Sports Centre, REUTERS, China, Japan, North Korea, Thailand, Singapore, North, Syrians, Syria, Palestine, Ahmad, Iraq, Vietnam, Malaysia, Taiwan, Kyrgyzstan, Qatar, United, Bahrain, Thomson Locations: China, Republic of Korea, Shenzhen, Republic, Korea's, Japan, South Korea, Australia, Qatar, Korea, Myanmar, Syria Australia, Palestine, HONG KONG, United Arab Emirates, Saudi Arabia, Kuwait, North, Israel, Syria, Jeddah, North Korea, Yangon, Australia's, Gaza, Lebanon, Bangladesh, Uzbekistan, Iran, Hong Kong, Turkmenistan, Vietnam, Philippines, Indonesia, Manila, Oman, India, Yemen, Nepal, Tajikistan, Pakistan, Islamabad, Saudi, Afghanistan

☆ Stocks making the biggest moves after hours: Nvidia, Autodesk, HP and more
▼ + stars: | 2023-11-21 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

The company sees fiscal fourth-quarter revenue of $20.00 billion, topping the $17.86 billion consensus estimate. The software company exceeded analysts' third-quarter expectations on the top and bottom lines. HP posted revenue of $13.82 billion, lower than the LSEG consensus estimate of $13.85 billion. The fast food chain reported fourth-quarter operating earnings that missed estimates, and issued a weaker-than-expected full-year operating earnings guidance, according to FactSet consensus estimates. — Shares tumbled 14% after the clothing company reported disappointing third-quarter adjusted earnings and revenue, according to consensus estimates from FactSet.

Persons: Nordstrom, Jack Organizations: Nvidia, LSEG, Autodesk — Autodesk, Revenue, Nordstrom, HP Inc, HP Locations: LSEG, FactSet

☆ S&P 500 futures tick lower as traders assess Nvidia's earnings: Live updates
▼ + stars: | 2023-11-21 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

S&P 500 futures were lower Tuesday night as Wall Street assessed Nvidia 's latest earnings results. S&P 500 futures and Nasdaq 100 futures dipped 0.13% and 0.22%, respectively. This week, Nvidia shares crossed the $500 threshold for the first time to an all-time high. During the regular session Tuesday, the S&P 500 and Nasdaq on Tuesday ended a five-day winning streak. The S&P 500 lost 0.20%, while the Nasdaq Composite dropped 0.59%.

Persons: Guy Adami, Dow Organizations: New York Stock Exchange, Nvidia, Dow Jones Industrial, Nasdaq, Federal, Deere, Co Locations: China

☆ Here come the buybacks: Company stock purchases may give year-end rally additional lift
▼ + stars: | 2023-11-20 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

The year-end rally we've been enjoying could get another lift as companies scoop up shares of their own stock. Those gains are driven mainly by falling Treasury yields, as well as third-quarter results that have come in largely better than anticipated. But some market observers expect equities could get another boost from the number of companies exiting the "buyback blackout" window. This period spans several weeks around quarterly results when companies are restricted from repurchasing shares. As of the survey's close last Tuesday, that would mean the S & P 500 would reach 4,945, or an all-time high.

Persons: we've, Strategas, Ryan Grabinski, Jill Carey, Grabinski, — CNBC's Michael Bloom Organizations: Bank, Investor

☆ Stocks making the biggest moves midday: Microsoft, Chegg, Zoom Video, Paramount and more
▼ + stars: | 2023-11-20 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

Zoom Video Communications — The software stock added nearly 2% ahead of its third-quarter earnings due after market close. The Professional Fighters League announced on Monday that it completed its acquisition of mixed martial arts brand Bellator from Paramount. Penn Entertainment — The gambling stock jumped 7% on the heels of a Bank of America upgrade to buy from neutral. Boeing — The aerospace stock jumped 4% after Deutsche Bank upgraded the shares to a buy rating from hold. Chegg — Shares of the education technology company dropped 5% following a downgrade to underweight from equal weight by Morgan Stanley.

Persons: Wells, Sam Altman, Greg Brockman, Raymond James, Morgan Stanley, Krispy Kreme, Iovance, Goldman Sachs, Terri Kelly, Kelly, Peter Grom, —, Alex Harring, Yun Li, Lisa Kailai Han, Sarah Min, Michelle Fox Organizations: Communications, FactSet, Paramount, Professional Fighters League, Bellator, Penn Entertainment, Bank of America, ESPN Bet, Spectrum Brands, Microsoft —, Microsoft, Nvidia, Boeing, Deutsche Bank, JPMorgan, Caterpillar —, HSBC, United Rentals — United Rentals, Bristol Myers, Energizer Holdings, UBS, RBC Capital Markets Locations: FactSet

☆ Stocks making the biggest premarket moves: Boeing, Bristol-Myers Squibb, Chegg, Krispy Kreme and more
▼ + stars: | 2023-11-20 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Check out the companies making the biggest moves in premarket trading: Boeing — The aerospace stock added 1.5% following an upgrade to buy from hold by Deutsche Bank. PENN Entertainment — The gambling stock popped 4.4% on the back of a Bank of America upgrade to buy from neutral. The Food and Drug Administration won't be able to meet to make a decision by the target date of Dec. 16. Krispy Kreme — Shares of the doughnut chain slipped 1.8% following a downgrade by JPMorgan to neutral from overweight. Vale — U.S.-listed shares of the Brazil-based metal and mining company added 2.6% following an upgrade by Bank of America to buy from neutral.

Persons: Sam Altman, Cantor Fitzgerald, Bristol Myers, Krispy, Krispy Kreme, Goldman Sachs, Iovance, Morgan Stanley, Terri Kelly, Kelly, —, Sarah Min, Alex Harring, Michael Bloom Organizations: Boeing, Deutsche Bank, Microsoft, PENN Entertainment, Bank of America, ESPN Bet, Myers, Drug Administration, Bristol, JPMorgan, Bros, Rentals, United Rentals Locations: Bristol, Vale — U.S, Brazil

☆ Britain to launch South Korea trade talks as president visits
▼ + stars: | 2023-11-20 | by ( Alistair Smout | ) www.reuters.com time to read: +4 min

King Charles greeted President Yoon Suk Yeol with a royal guard of honour following his arrival in London, and then rode with him by carriage to Buckingham Palace. He will hold talks with British Prime Minister Rishi Sunak on Wednesday, and sign an accord on closer diplomatic ties. Under the accord, the countries will agree to work closely on areas such as semiconductors - of which South Korea is an important producer - and artificial intelligence. [1/4]Members of the Royal Air Force (RAF) welcome South Korean President Yoon Suk Yeol and his wife Kim Keon Hee, as they arrive at Stansted Airport, near London, Britain, November 20, 2023. "REFRESHED, MODERNISED DEAL"Under Yoon, South Korea has focused on strengthening economic, political, and military ties with the U.S. while seeking to maintain trade with China and working to overcome historical disputes with Japan.

Persons: Yoon, King Charles Yoon, King Charles, Yoon Suk, Rishi Sunak, Sunak, Yoon Suk Yeol, Kim Keon Hee, Toby Melville, David Beckham, Son Heung Min, Kemi Badenoch, Alistair Smout, Kylie MacLellan, Sarah Young, Josh Smith, Alistair Bell, Stephen Coates, Timothy Heritage, David Gregorio Our Organizations: LONDON, British, Accord, Trade, Downing, North, Royal Air Force, South, Stansted Airport, REUTERS, Trans, Pacific Partnership, European Union, Thomson Locations: Britain, Korea, London, Buckingham, United Kingdom, Downing, South Korea, North Korea, U.S, China, Japan, Seoul

☆ Renewed fighting in Myanmar has displaced 26,000 people since Monday, UN says
▼ + stars: | 2023-11-18 | by ( Chloe Liu | Lucas Liliehom | ) edition.cnn.com time to read: +2 min

CNN —Renewed fighting between the Myanmar Armed Forces (MAF) and the Arakan Army (AA) has displaced more than 26,000 people in the country’s western Rakhine state since Monday, according to the United Nations. More than 100 people have reportedly been detained by the MAF and five by the AA, it added. The most recent fighting began when the AA reportedly attacked two border posts near the Maungdaw township, which is near the border with Bangladesh. Most humanitarian activities have been suspended due to the fighting and “virtually all roads and waterways” between Rakhine townships have been blocked, the statement read. Whole villages have been burned down by junta soldiers and schools, clinics and hospitals destroyed in the attacks.

Persons: Min Aung Hlaing Organizations: CNN, Myanmar Armed Forces, Arakan Army, United Nations, United Nations Office, Humanitarian Affairs, AA, UN Locations: Rakhine, Myanmar, Maungdaw, Bangladesh

☆ Civilians caught in the crossfire as fighting escalates between Myanmar military and armed group
▼ + stars: | 2023-11-18 | by ( Heather Chen | ) edition.cnn.com time to read: +4 min

CNN —Renewed hostilities between the Myanmar military and ethnic minority armed group the Arakan Army (AA) have spread to various townships in western Myanmar, including Pauktaw, where civilians have been caught in the crossfire as fighting escalates. The renewed fighting has displaced more than 26,000 people in the country’s western Rakhine state since Monday, according to UNOCHA. Myanmar military spokesperson Zaw Min Tun said during a briefing Friday that the Myanmar army and police force had retaken the Pauktaw police station and that the town “was already under control” of the military. Airstrikes and ground attacks on what the Myanmar military calls “terrorist” targets have been occurred regularly since 2021 and have killed thousands of civilians to date, including children, according to monitoring groups. “The sick man can’t die peacefully.”

Persons: “, ”, UNOCHA, Zaw Min Tun, Min Aung Hlaing, Nan Diya, Suak, can’t Organizations: CNN, Myanmar, Arakan Army, AA, United Nations Office, Humanitarian Affairs, UN, Army, Myanmar’s, Administration Council, SAC Locations: Myanmar, Pauktaw, Rathedaung, Maungdaw, Rakhine, Arakan

☆ Stocks making the biggest moves midday: Gap, Ross Stores, Tenet Healthcare and more
▼ + stars: | 2023-11-17 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Adjusted earnings of 59 cents per share smashed analysts' expectations of 19 cents per share, per LSEG. Revenue also beat estimates, coming in at $3.77 billion compared with the $3.6 billion forecast. Otherwise, the company topped fiscal fourth-quarter earnings and revenue estimates. It now forecasts third-quarter revenue of $108 million to $113 million, lower than prior guidance of $150 million to $165 million. Tenet Healthcare — Shares jumped more than 11% after Tenet Healthcare said it would sell three of its South Carolina hospitals to Novant Health.

Persons: Ross, Dillard's, GitLab, — CNBC's Brian Evans, Alex Harring, Hakyung Kim, Tanaya Macheel, Pia Singh Organizations: Old Navy, Revenue, Brands Holdings, Spectrum Brands, ChargePoint Holdings, Tenet, Tenet Healthcare, Novant Health, Ross Stores, Reuters, Justice Department, Pacific Biosciences, UBS, biosciences, —, ISI, Barclays Locations: South Carolina, California

☆ Wall Street turns to Nvidia earnings in the week ahead as stocks try to keep their November momentum
▼ + stars: | 2023-11-17 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

Nvidia earnings will be in focus in the Thanksgiving-shortened week ahead, as investors consider the sustainability of the November rally heading into year-end. NVDA YTD mountain Nvidia YTD The chip giant's results will come amid a broad rally for equities this month. The S & P 500 has climbed more than 7%, and the tech-heavy Nasdaq Composite has advanced more than 9%. That stands in marked contrast to the S & P 500, which trades at a multiple of 22. Hopes for a dovish Fed Wall Street is also heading into next week after absorbing some positive news.

Persons: Timothy Arcuri, China —, Piper Sandler, Harsh Kumar, Quincy Krosby, Bill Baruch, CNBC's, That's, Bonds, Giuseppe Sette, Dow, Jeff Hirsch, —, Michael Bloom Organizations: Nvidia, UBS, Dow Jones Industrial, Nasdaq, Microsoft, LPL, Dow, Blue, Investors, Chicago Fed, HP Inc, Autodesk, Devices, Lowe's, Deere, P, PMI, P Global PMI Locations: FactSet, China, Treasurys, Lombard, Michigan

☆ Myanmar military, insurgents battle over port town
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +4 min

[1/2] Myanmar military soldiers who have surrendered to the Karenni Nationalities Defense Force ride in the back of a vehicle in Loikaw, Myanmar, in this still image taken from video released November 15, 2023. "In the evening, junta troops came into the town and shot and killed civilians," the alliance said. Three rebel groups, aligned with pro-democracy fighters and a parallel, pro-democracy civilian government, have captured several towns and military posts across the country. Junta spokesperson Zaw Min Tun accused the rebel alliance of trying to get China's support for their cause. Junta state media said on Friday it had handed three Chinese nationals accused of running scams over to China, while a fourth suspect shot himself after being captured.

Persons: Zaw Min Tun, Kanupriya Kapoor, Robert Birsel Organizations: Myanmar, Karenni Nationalities Defense Force, REUTERS Acquire, Brotherhood Alliance, Reuters, Arakan Army, AA, Nations, Junta, Thomson Locations: Loikaw, Myanmar, Bengal, Pauktaw, Rakhine State, Myanmar's, Yangon, Shan State, China, Southeast Asia, India

☆ Stocks making the biggest moves before the bell: Alibaba, Applied Materials, Gap and more
▼ + stars: | 2023-11-17 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in premarket trading. BJ's Wholesale Club — Shares retreated 4.6% in premarket trading after the company revised its expectation for comparable store sales in the fourth quarter amid shifting consumer behavior. Applied Materials — Shares slid 7.2% on Friday, a day after Reuters reported , citing sources, that the semiconductor company was under a Justice Department probe. Gap — The retailer soared 18.5% in premarket trading Friday. Marriott Vacations Worldwide — Shares of the timeshare company lost 2.5% after a Bank of America downgrade to underperform from neutral.

Persons: Alibaba, FactSet, Ross, Expedia, Morgan Stanley, — CNBC's Hakyung Kim, Sarah Min Organizations: BJ's Wholesale, Tenet Healthcare, Novant Health, Reuters, Justice Department, Ross, LSEG, Evercore ISI, Pacific Biosciences, UBS, biosciences, Barclays, Marriott, Bank of America Locations: Alibaba —, Carolina, California, GitLab

The discounts include:The discount on the Titan Evo is by far the standout of this sale. Several of our editors have tested it and named it a top pick in our guides to the best gaming chair and best office chair. The Secretlab Titan Evo has become the industry standard for an ergonomic and customizable gaming chairSecretlab Titan Evo $519.00 $589.00 Save 12% Available in three frame sizes, the Secretlab Titan Evo is a gaming chair designed to fit people up to 6’9”. Read our full Secretlab Titan Evo review for all the details of what we love about this chair. Like the Titan Evo chair, the Magnus Pro desk offers tons of customization options, including a track for multiple monitor arms, app-controlled lighting, and full height adjustment up to 49.2 inches.

Persons: that's, I've, Secretlab's, Secretlab Magnus, Magnus Pro, Secretlab's Magnus Pro, Magnus, Sarah Saril Organizations: Business, Titan Evo, Secretlab's Magnus Pro, Secretlab's, Magnus Pro Locations: Secretlab

☆ South Korea to ban eating dogs
▼ + stars: | 2023-11-17 | by ( Ju-Min Park | ) www.reuters.com time to read: +2 min

SEOUL, Nov 17 (Reuters) - South Korea aims to ban eating dog meat and put an end to the controversy over the ancient custom amid growing awareness of animal rights, a ruling party policy chief said on Friday. The government and ruling party would introduce a bill this year to enforce a ban, Yu said, adding that with expected bipartisan support, the bill should sail through parliament. First lady Kim Keon Hee has been a vocal critic of dog meat consumption and, along with her husband, President Yoon Suk Yeol, has adopted stray dogs. Eating dog meat has been an age-old practice on the Korean peninsula and is seen as a way to beat the summer heat. A Gallup Korea poll last year showed 64% opposed dog meat consumption.

Persons: Yu, Chung Hwang, keun, Kim Keon Hee, Yoon Suk, Ed Davies, Robert Birsel Organizations: Power Party, Agriculture, Humane Society International, Gallup, Thomson Locations: SEOUL, Korea, South Korea, Gallup Korea

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