DIRS.INFO The most relevant business & tech news

☆ What Wall Street expects from Amazon, Apple earnings after the bell
▼ + stars: | 2024-10-31 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

Wall Street faces another key litmus test Thursday with results from megacap technology giants Apple and Amazon . For Apple, Wall Street also wants to see its latest iPhone pick up steam, and investors seek more insight into when the company's AI initiative will begin lifting sales. For Apple, Wall Street expects EPS of $1.60 on $94.58 billion in revenue. Amazon's retail business also remains top of mind for Wall Street ahead of the busy holding shopping period. Apple For Apple, Wall Street is eagerly searching for signs of strong demand for its latest iPhone model and updates on its AI strategy.

Persons: Jason Helfstein, Brent Thill, Bank of America's Justin Post, Doug Anmuth, Goldman Sachs, Eric Sheridan, Ronald Josey, Morgan Stanley, Erik Woodring, Jefferies, Edison Lee, Samik Chatterjee, Davidson's Gil Luria, Wamsi Mohan, Tim Long, AAPL, Long Organizations: Apple, Nasdaq, Microsoft, Wall, LSEG, Amazon, StreetAccount, Jefferies, Bank of America's, Apple Intelligence, " Bank of America, Barclays Locations: Amazon

☆ Oil prices rise on optimism over solid U.S. fuel demand
▼ + stars: | 2024-10-31 | by ( ) www.cnbc.com time to read: +2 min

Oil prices rose on Thursday, extending the previous day's rally, driven by optimism over U.S. fuel demand following an unexpected drop in crude and gasoline inventories, while reports that OPEC+ may delay a planned output increase offered support. Oil prices rose on Thursday, extending the previous day's rally, driven by optimism over U.S. fuel demand following an unexpected drop in crude and gasoline inventories, while reports that OPEC+ may delay a planned output increase offered support. Nine analysts polled by Reuters had expected an increase in gasoline and crude inventories. "Expectations of a potential delay in the OPEC+ production increase were also supportive... A decision to postpone the increase could come as early as next week, two OPEC+ sources told Reuters.

Persons: Toshitaka Tazawa Organizations: Brent, . West Texas, Energy Information Administration, Reuters, Fujitomi Securities, Organization of, Petroleum, OPEC Locations: U.S, OPEC, Russia, Israel

☆ Jefferies' Brent Thill on Microsoft & Meta earnings: AI expectations for investors got overinflated
▼ + stars: | 2024-10-31 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJefferies' Brent Thill on Microsoft & Meta earnings: AI expectations for investors got overinflatedBrent Thill, Jefferies tech research analyst, joins 'Squawk Box' to discuss Microsoft and Meta's quarterly earnings results, investor expectations for AI, and more.

Persons: Email Jefferies, Brent Thill, overinflated Brent Thill Organizations: Microsoft, Jefferies

☆ Yankees fans ejected after ripping ball from Mookie Betts’ glove during Game 4 of World Series
▼ + stars: | 2024-10-30 | by ( Ben Morse | ) edition.cnn.com time to read: +9 min

CNN —Two New York Yankees fans were ejected from Game 4 of the World Series after ripping the ball from Los Angeles Dodgers star Mookie Betts’ glove on Tuesday. They would go on to win 11-4 and cut the Dodgers' series lead to 3-1. Elsa/Getty Images Fans celebrate after the Yankees won Game 4. Mary DeCicco/MLB Photos/Getty Images Yankees outfielder Juan Soto hits a solo home run in the third inning of Game 2. Daniel Shirey/MLB Photos/Getty Images Dodgers fans celebrate a home run hit by Tommy Edman in the second inning of Game 2.

Persons: Mookie Betts, Betts, Gleyber Torres, Torres, ” Joe Davis, John Smoltz, won’t, Rustin Dodd, … it’s, “, “ We’re, Anthony Volpe, Elsa, Mike Lawrence, Brent Honeywell, Volpe, Anthony Rizzo, Seth Wenig, Luke Hales, Al Bello, Freddie Freeman, Ashley Landis, Giancarlo Stanton, Will Smith, Frank Franklin II, Freeman, Daniel Shirey, Stanton, Alex Slitz, Maddie Meyer, Sarah Stier, Smith, Alex Vesia, Harry, Michael Kopech, Jayne Kamin, Yoshinobu Yamamoto, Yamamoto, Julio Cortez, Shohei Ohtani, Mary DeCicco, Juan Soto, Tommy Edman, Rob Tringali, Carlos Rodón, — Kirk Gibson’s, Gibson, Steph Chambers, Nestor Cortes, Alex Verdugo, Jazz Chisholm, Mark J, Terrill, Aaron Judge, Brusdar Graterol, Enrique Hernández, Jack Flaherty, Fernando Valenzuela, Valenzuela, ”, Gina Ferazzi, Brad Paisley, ” Betts, I’ve, ” It’s Organizations: CNN, New York Yankees, Los Angeles Dodgers, Yankees, Dodgers, Fox, New York, Athletic, ESPN, MLB, Getty, North, AP Yankees, The Dodgers, Yankee, USA, Sports, Reuters, AP Dodgers, Dodger, Los Angeles Times, Venezuelan Locations: North America, LA’s

☆ In Game 4, the Yankees got the jolt of hope they needed: ‘Hey, who doesn’t want to make history?’
▼ + stars: | 2024-10-30 | by ( Tyler Kepner | ) www.nytimes.com time to read: +6 min

For every team faced with an early demise in the World Series, that’s the vision: one more day of summer to play with your friends. “We lost Game 3 and we said, ‘Hey, who doesn’t want to make history?’ I know I love making history. Eight years ago with the Chicago Cubs, Rizzo played another Game 5 on Halloween eve, needing a win to extend the World Series. Three of them were new to this World Series and covered seven innings. He lived the fantasy of every New York-born kid of his generation: a shortstop in pinstripes, starring in the World Series.

Persons: You’ll, Anthony Rizzo, ”, Rizzo, “, they’d, ‘, we’re, Jazz Chisholm, ‘ Hey, Jack Flaherty, They’ve, they’ll, ” Rizzo, Jon Lester, Aroldis Chapman, Gerrit Cole, Luke Weaver, Weaver, Gleyber Torres ’, Alex Verdugo, Brent Honeywell Jr, Anthony Volpe, didn’t, ” Aaron Judge, Verdugo, ” Verdugo hasn’t, Reggie Jackson, Freddie Freeman, ” Weaver, “ You’re, you’ve, Daniel Hudson, Volpe’s, Austin Wells, Volpe, ” Volpe, they’re, ” Chisholm, Gleyber Torres, Elsa, Getty Organizations: New York Yankees, Los Angeles Dodgers, Dodgers, Yankees, Chicago Cubs, Cubs, San Diego Padres Locations: Cleveland, New York, pinstripes

☆ Oil prices steady on shrinking U.S. crude inventories
▼ + stars: | 2024-10-30 | by ( ) www.cnbc.com time to read: +1 min

Oil prices stabilized on Wednesday on industry data showing a surprise drop in U.S. crude and gasoline inventories, following two previous sessions of losses on the prospect of hostilities easing in the Middle East. U.S. crude oil and fuel stocks fell last week, market sources said on Tuesday, citing American Petroleum Institute figures. Crude stocks dipped by 573,000 barrels in the week ended Oct. 25, the sources said on condition of anonymity. Gasoline inventories lost 282,000 barrels, and distillate stocks fell by 1.46 million barrels, the sources said. On Monday, prices lost about 6% after Israel's retaliatory strike on Iran over the weekend missed Tehran's oil infrastructure.

Persons: Benjamin Netanyahu Organizations: Brent, . West Texas, American Petroleum Institute, Reuters, U.S, Israeli Locations: Midland , Texas, Lebanon, Iran

☆ Los Angeles Dodgers win 8th World Series title after defeating New York Yankees in wild Game 5
▼ + stars: | 2024-10-30 | by ( Wayne Sterling | ) edition.cnn.com time to read: +9 min

New York Yankees captain Aaron Judge smacks a two-run home run in Game 5 of the World Series on Wednesday, October 30. Mary DeCicco/MLB/Getty Images Dodgers pitcher Jack Flaherty reacts in the dugout after he was relieved in the second inning down 4-0. Al Bello/Getty Images The Yankees' Anthony Volpe hits a grand slam in Game 4 of the World Series on Tuesday. They would go on to win 11-4 and cut the Dodgers' series lead to 3-1. Alex Slitz/Getty Images The best photos from the 2024 World Series Prev NextThis is a developing story and will be updated.

Persons: Angeles, Aaron Judge, Jazz Chisholm, Giancarlo Stanton, Gerrit Cole’s, Mike Lawrence, Gavin Lux, Mookie Betts, Blake Treinen, Anthony Rizzo, Walker Buehler, Alex Verdugo, Mary DeCicco, Jack Flaherty, Brad Penner, Chisholm, Judge, Sarah Stier, Al Bello, Anthony Volpe, Elsa, Brent Honeywell, Gleyber Torres, Volpe, Seth Wenig, Luke Hales, Freddie Freeman, Ashley Landis, Will Smith, Frank Franklin II, Freeman, Daniel Shirey, Stanton, Alex Slitz, Maddie Meyer, Smith, Alex Vesia, Harry, Michael Kopech, Jayne Kamin, Yoshinobu Yamamoto, Yamamoto, Julio Cortez, Shohei Ohtani, Juan Soto, Tommy Edman, Rob Tringali, Carlos Rodón, — Kirk Gibson’s, Gibson, Steph Chambers, Nestor Cortes, Mark J, Terrill, Brusdar Graterol, Enrique Hernández, Flaherty, Fernando Valenzuela, Valenzuela, ”, Gina Ferazzi, Brad Paisley Organizations: CNN, Los Angeles Dodgers, New York Yankees, Yankee, Dodgers, New York, LA, MLB, Yankees, Getty, Reuters, North, AP Yankees, The Dodgers, USA, Sports, AP Dodgers, Dodger, Los Angeles Times Locations: North America

☆ U.S. crude oil gains 1% to trade above $68 after worst day in two years
▼ + stars: | 2024-10-29 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

U.S. crude oil rose more than 1% on Tuesday, one day after posting the worst daily loss in two years. Energy traders were relieved Monday after Israel's long-anticipated retaliatory strikes on Iran last Friday spared the Islamic Republic's oil and nuclear facilities. The benchmark U.S. crude oil contract sold off more than 6%, or $4.40, to $67.38 per barrel. Here are Tuesday's energy prices:Goldman Sachs expects the price of Brent to recover to $77 per barrel in the fourth quarter even without any oil supply disruptions in the Middle East. Demand is soft in China, U.S. production is robust and OPEC+ has plans to bring crude back to the market in December.

Persons: Goldman Sachs, Daan Struyven, CNBC's, Struyven, Brent Organizations: Energy, U.S . Strategic Petroleum Reserve Locations: Iran, U.S, China

☆ New York Yankees’ offense explodes against Los Angeles Dodgers in World Series Game 4 to stave off elimination
▼ + stars: | 2024-10-29 | by ( Wayne Sterling | ) edition.cnn.com time to read: +11 min

The Yankees beat the Los Angeles Dodgers 11-4 in Game 4, spoiling a historic night for Los Angeles Dodgers’ first baseman Freddie Freeman. It’s like you finally got to see the top blow off Yankee Stadium in a World Series game,” Boone told reporters. It was Yankee Stadium World Series game.”The Dodgers now lead the series three games to one. Ashley Landis/APThe contest started off promisingly for the visitors when Freeman continued his hot World Series run. The New York Yankees' Anthony Volpe hits a grand slam in Game 4 of the World Series on Tuesday, October 29.

Persons: Freddie Freeman, Anthony Volpe, Daniel Hudson, Volpe, ” Volpe, “ We’ve, Aaron Boone, ” Boone, “, Anthony, they’ve, Dave Roberts, ” Roberts, we’re, We’ll, Ashley Landis, Freeman, homering, Luis Gil, George Springer, whittling, Austin Wells, Alex Verdugo, Will Smith, Gleyber Torres, Wells –, Verdugo, Juan Soto, Torres ’, Aaron Judge –, –, Gerrit Cole, Jack Flaherty, Elsa, Mike Lawrence, Brent Honeywell, Anthony Rizzo, Seth Wenig, Luke Hales, Mookie Betts, Al Bello, Giancarlo Stanton, Frank Franklin II, Daniel Shirey, Stanton, Alex Slitz, Maddie Meyer, Sarah Stier, Smith, Alex Vesia, Harry, Michael Kopech, Jayne Kamin, Yoshinobu Yamamoto, Yamamoto, Julio Cortez, Shohei Ohtani, Mary DeCicco, Tommy Edman, Rob Tringali, Carlos Rodón, — Kirk Gibson’s, Gibson, Steph Chambers, Nestor Cortes, Jazz Chisholm, Mark J, Terrill, Aaron Judge, Brusdar Graterol, Enrique Hernández, Fernando Valenzuela, Valenzuela, ”, Gina Ferazzi, Brad Paisley Organizations: CNN, The New York Yankees, Yankee, Yankees, Los Angeles Dodgers, The Bronx Bombers, ” Yankees, Dodgers, Atlanta Braves, Houston Astros, Astros, MLB, Getty, North, AP Yankees, The Dodgers, USA, Sports, Reuters, AP Dodgers, Dodger, Los Angeles Times Locations: New York, It’s, Los Angeles, York, North America

☆ What to know about the new way Microsoft will report cloud numbers Wednesday
▼ + stars: | 2024-10-29 | by ( Morgan Chittum | ) www.cnbc.com time to read: +7 min

Announced in August , and reported this way for the first time this week, Microsoft decided to change which revenue streams fall under its three main reporting segments. In Microsoft's upcoming report, search and news advertising revenue will move from the More Personal Computing (PCP) segment into the Intelligent Cloud (IC) segment. Another change includes Microsoft removing revenue from Power Business Intelligence data analytics and the Enterprise Mobility and Security group of products from the IC segment. MSFT YTD mountain Microsoft (MSFT) year-to-date performance Some Wall Street analysts are upbeat on the new reporting structure. He also touted Microsoft's AI prospects ahead of quarterly earnings — citing the company's first-mover advantage in integrating AI.

Persons: Piper Sandler's Brent Bracelin, Bracelin, Morgan Stanley, there's, Jim Cramer, I'm, Jim, Amy Hood's, Jim Cramer's, Satya Nadella, Dimas Ardian Organizations: Microsoft, Web Services, Power Business Intelligence, Enterprise Mobility, Security, Piper, CNBC, BI, Guggenheim, Big Tech, Bloomberg, Getty Locations: OpenAI, Jakarta, Indonesia

☆ Here's what analysts are looking for when Google parent Alphabet reports earnings
▼ + stars: | 2024-10-29 | by ( Pia Singh | In | ) www.cnbc.com time to read: +4 min

Several analysts maintained their buy ratings ahead of the results and expect AI-driven gains to appear in its search and YouTube segments. Still, the consensus revenue estimate implies Alphabet could post its slowest year-over-year growth since the third quarter of 2023 . Analysts polled by LSEG expect Alphabet to earn $1.85 per share on $86.3 billion in revenue, implying year-over-year earnings and revenue growth of 19.1% and 12.5%, respectively. Like Sheridan, Black expects Alphabet's AI enhancements to support search and YouTube growth, as AI drives efficiency for advertisers. "While advertisers may express some concerns around consumer sentiment, GOOG Search remains a 'utility-like' component of advertiser budgets," he said.

Persons: Brent Thill, Thill, Goldman Sachs, Eric Sheridan, Sheridan, Benjamin Black, Black Organizations: Google, LSEG, FactSet, Citi Research, Jefferies, CNBC, Deutsche Bank Locations: Monday's

☆ Anthony Volpe’s grand slam lifts Yankees in Game 4, staves off Dodgers World Series sweep
▼ + stars: | 2024-10-29 | by ( Andy Mccullough | ) www.nytimes.com time to read: +5 min

Volpe gave the Yankees a lead in this series for the first time since Game 1. From there, the bullpen hung tough and held off the Dodgers long enough to force Game 5 on Wednesday in the Bronx. The Yankees became only the fourth team in baseball history and the first since 1970 to avoid a sweep in the World Series when down, 3-0. From there, the Dodgers appeared on the verge of the sweep, before Volpe took Dodgers reliever Daniel Hudson deep. Before the game, Dodgers manager Dave Roberts discussed the importance of length from two rookie pitchers, Ben Casparius and Landon Knack.

Persons: Aaron Boone, Anthony Volpe, “, ” Boone, Boone, Volpe, Gerrit Cole dueled, Jack Flaherty, Daniel Hudson, serenaded Volpe, idolizing Derek Jeter, Freddie Freeman, Austin Wells, Wells, Gleyber Torres, Brent Honeywell, Aaron Judge, Dave Roberts, Ben Casparius, Landon Knack, Casparius, Knack, Freeman, Luis Gil, Alex Verdugo, Roberts, Hudson, Jazz Chisholm, Giancarlo Stanton, Anthony Rizzo, Gil, Will Smith, Tim Hill, Shohei Ohtani, Sarah Stier Organizations: New York Yankees, Yankees, Dodgers, Dodger, Yankees pilloried Dodgers, New York Mets, National League Locations: Bronx, New Jersey

☆ One of Republicans’ biggest inflation cudgels against Democrats has evaporated
▼ + stars: | 2024-10-29 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

It’s a crucial trend that undercuts one of the biggest arguments Republicans have used to hammer Democrats over the cost of living. Although gas prices are down and the rate of inflation has cooled sharply, consumers are still hurting from years of price hikes. After Russia invaded Ukraine, oil prices skyrocketed due to fears of massive supply disruptions. Drivers rolling up to gas stations in some battleground states are enjoying significant price drops, including Nevada (79 cents cheaper than a year ago), Arizona (78 cents cheaper), Pennsylvania (36 cents cheaper) and Wisconsin (32 cents cheaper). But for now the markets appear to be bracing for muted prices, a situation that should keep a lid on gas prices.

Persons: Harris, ” Patrick De Haan, It’s, we’re, ”, De Haan, Donald Trump, Kamala Harris, Biden, Trump, Tom Kloza, Kloza, Brent, “ Organizations: New, New York CNN, Biden, CNN, AAA, Drivers, Iran, Oil Price Information Service, Citigroup, ClearView Energy Partners Locations: New York, Nevada, Arizona, Russia, Ukraine, Pennsylvania, Wisconsin, Israel, Iran, Persian, China, United States

☆ What's expected to get more and less expensive under Trump or Harris
▼ + stars: | 2024-10-29 | by ( Ayelet Sheffey | Brent D. Griffiths | ) www.businessinsider.com time to read: +10 min

Detailed below is what Harris and Trump have proposed to lower costs for Americans. AdvertisementWhile the pace of inflation has slowed, Americans continue to struggle with high prices at gas stations, grocery stores, and more. Those high prices have become a key issue for voters as the presidential election approaches. Both Donald Trump and Kamala Harris have outlined plans they say will lower costs for Americans through various policies. "If you were to try and cut down grocery prices today, there's no state of emergency.

Persons: Harris, Trump, —, Donald Trump, Kamala Harris, Tim Walz, Taylor Rogers, Dan Scheitrum, Scheitrum, it's, Rogers, Biden, Sen, JD Vance, Ohio Organizations: Service, Business, Democratic, Minnesota, Republican National Committee, Pew Research Center, California Polytechnic State University, Trump, Tax, Economic, of New, RNC, Census, Center, GOP, Gas, Biden, House, Strategic Petroleum Reserve Locations: America, Pennsylvania, Trump's, Las Vegas, of New York

☆ Oil prices slide more than 4% after Israel's 'limited' attack on Iran seen as not disrupting supplies
▼ + stars: | 2024-10-28 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

View of Iran's oil industry installations in Mahshahr, Khuzestan province, southern Iran. Kaveh Kazemi | Getty ImagesOil prices will remain under pressure for the rest of this year, it may be difficult to see Brent crude oil prices reaching $80 in the foreseeable future. "With Israel deliberately, and perhaps with some American encouragement, avoiding the targeting of crude oil facilities, the oil market is back to looking at an oversupplied market," said Andy Lipow, president at Lipow Oil Associates. "Oil prices will remain under pressure for the rest of this year, it may be difficult to see Brent crude oil prices reaching $80 in the foreseeable future," Lipow told CNBC via email. Stock Chart Icon Stock chart icon Oil prices year-to-date

Persons: Kaveh Kazemi, Brent, Andy Lipow, Israel, Lipow, Saul Kavonic Organizations: Getty, Lipow, Citi, Lipow Oil Associates, CNBC Locations: Mahshahr, Khuzestan, Iran, Israel, Canada, Brazil, Argentina, Senegal

☆ Oil slips more than 4% after Iran downplays Israeli strikes
▼ + stars: | 2024-10-28 | by ( ) www.cnbc.com time to read: +2 min

A pump jack operates in an oil field in Midland, Texas U.S. August 22, 2018. Oil prices tumbled more than $3 a barrel on Monday after Israel's retaliatory strike on Iran over the weekend bypassed Tehran's oil and nuclear facilities and did not disrupt energy supplies, easing geopolitical tensions in the Middle East. Both Brent and U.S. West Texas Intermediate crude futures hit their lowest levels since Oct. 1 at the open. The geopolitical risk premium that had built in oil prices in anticipation of Israel's retaliatory attack came off, analysts said. In October, the Organization of the Petroleum Exporting Countries and their allies, a group known as OPEC+, kept their oil output policy unchanged including a plan to start raising output from December.

Persons: Brent, WTI, Saul Kavonic, Tim Evans Organizations: Midland , Texas U.S, U.S . West Texas, Evans Energy, Organization of, Petroleum Locations: Midland , Texas, Iran, U.S, Tehran, OPEC

☆ Foreign investors flock to flagship Saudi economic conference — but face less free-flowing cash
▼ + stars: | 2024-10-28 | by ( Natasha Turak | ) www.cnbc.com time to read: +6 min

A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia's capital Riyadh to attend the Future Investment Initiative (FII) forum. The kingdom's $925 billion sovereign wealth fund, the Public Investment Fund, saw its assets jump 29% to 2.87 trillion Saudi riyals ($765.2 billion) in 2023 — and local investment was a major driver. "Value meaning hiring, developing the asset management ecosystem, creating new products, bringing in talent, and investing in Saudi capital markets also. Oil prices and the Saudi economy appear to so far have stayed largely unscathed, dropping 4% early Monday after Israel's weekend strike on Iran. A key reason for that may be the rapprochement deal the kingdom signed with Iran, brokered by China, in March 2023.watch now

Persons: Nureldine, it's, Omar Yacoub, Yacoub, Fadi Arbid, Brent, Arbid, Yemen's, Israel Organizations: King Abdulaziz Conference Centre, Future Investment Initiative, Afp, Getty, Investment Initiative, CNBC, U.S, ABS Global, Public Investment Fund, Saudi, Saudi Arabia's, Amwal Capital Partners, OPEC, Eastern, Ritz, Carlton, Israel Locations: Saudi Arabia's, Riyadh, Saudi, Saudi Arabia, —, Dubai, Carlton Riyadh, Gaza, Israel, Lebanon, Iran, Tel Aviv, China

A lawsuit by the Philadelphia DA could stop Elon Musk's $1M-a-day voter giveaway as early as Friday. Musk has used the lottery to encourage voter registration and push swing-staters to the polls. Krasner's lawsuit says the giveaway is an unregulated lottery that violates Pennsylvania law. The DOJ did send a letter to America PAC warning that the giveaway might be illegal, a development first reported by 24sight News. America PAC did not announce a winner on Wednesday after the warning letter became public but has resumed announcements.

Persons: —, Larry Krasner, Krasner, Donald Trump —, Musk, Jordan, Hastings, Anne Marie B, Coyle, Richard Briffault, Republican megadonors Organizations: Philadelphia DA, Elon Musk's, Trump, Service, Elon Musk's America PAC, DA, Democratic, America PAC, PAC, Twitter, Business, Philadelphia, Republican, Democrats, America, Columbia Law School, Department, DOJ, 24sight News . America PAC Locations: Philadelphia, Pennsylvania, Georgia, Nevada , Arizona , Michigan , Wisconsin, North Carolina, Nevada, Hastings , Michigan

☆ It's getting easier for Americans to bet on the 2024 election
▼ + stars: | 2024-10-28 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Robinhood is the latest platform to allow traders to wager on the 2024 election. A recent federal court ruling opened the door to wider betting on US elections. For now, only the 2024 election contracts will be available. Until a September federal court ruling, betting on US elections was largely limited to a narrow set of academics and students. Related storiesCFTC Chairman Rostin Behnam has strongly opposed election betting, previously testifying to Congress that allowing such wagers would turn his agency into "an election cop."

Persons: Robinhood, —, Donald Trump, Rostin Behnam, Sen, JD Vance, Trump's, Theo Von's, Vance, we've Organizations: Service, Court, Commodity Futures Trading Commission, GOP Locations: New York

A lawsuit by the Philadelphia DA would stop Elon Musk's $1M-a-day voter giveaway as early as Friday. Also on Monday, America PAC announced the tenth million-dollar winner. The DOJ did send a letter to America PAC warning that the giveaway might be illegal, a development first reported by 24sight News. America PAC did not announce a winner on Wednesday after the warning letter became public but has resumed announcements. Just hours after Krasner's lawsuit became public, America PAC crowned its latest winner, a man from Hastings, Michigan.

Persons: Elon, Larry Krasner, —, Krasner, Musk, Jordan, Anne Marie B, Coyle, Donald Trump's, Richard Briffault, Republican megadonors Organizations: Philadelphia DA, Elon Musk's, Service, Elon Musk's America PAC, America PAC, Business, Philadelphia, Republican, Democrats, America, Columbia Law School, Department, DOJ, PAC, 24sight News . America PAC Locations: Philadelphia, Pennsylvania, Georgia, Nevada , Arizona , Michigan , Wisconsin, North Carolina, Hastings , Michigan

☆ Economic concerns are top of voters' minds, but Kamala Harris is choosing a different path for her closing argument
▼ + stars: | 2024-10-27 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +6 min

Kamala Harris has stepped up her attacks on Donald Trump, echoing John Kelly's view that he's "a fascist." Harris and her allies have seized on former White House chief of staff John Kelly calling Donald Trump a "fascist." NEWThe Kamala Harris campaign has released a new ad featuring audio from General John Kelly’s interview with the New York Times. Addressing concerns that she's making the wrong closing argument, Harris told reporters on Friday that voters can process multiple things simultaneously. AdvertisementThose outside the Harris campaign say her approach is well-taken.

Persons: Kamala Harris, Donald Trump, John Kelly's, Harris, —, Joe Biden's, John Kelly, John Kelly’s, Trump, Yashar Ali 🐘, lanning, ike, et,, ernie S anders, ove, ruth S ocial, elly, ike P, hite Organizations: Trump, Service, White House, New York Times, itt, ust

☆ Jeff Yass is making a big final splash to help former hedge funder Dave McCormick's Senate campaign
▼ + stars: | 2024-10-25 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Former hedge funder David McCormick has narrowed the gap in a closely watched US Senate race. McCormick's Wall Street allies are among the biggest donors to a pro-McCormick super PAC. Jeff Yass is among the big names making a final splash before Election Day. According to a pro-McCormick super PAC's final pre-election filing, Yass donated $1 million over the course of two donations earlier this month. He's not the biggest megadonor with Wall Street ties.

Persons: David McCormick, Jeff Yass, —, Dave McCormick, McCormick, Sen, Bob Casey, Joe Manchin, He's, Ken Griffin, Thomas Peterffy, Paul Tudor Jones, Stephen Schwarzman, Casey, Donald Trump, Trump Organizations: McCormick, Service, Susquehanna International Group, Wall Street titans, Bridgewater Associates, Democrat, Republicans, GOP, Citadel, Interactive, Keystone, The Washington Post, Trump, Biden Locations: West Virginia, Yass, Pennsylvania, China

☆ Alphabet is next week's 'most controversial' tech earning next week, says Jefferies Brent Thill
▼ + stars: | 2024-10-25 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlphabet is next week's 'most controversial' tech earning next week, says Jefferies Brent ThillBrent Thill, Jefferies, joins 'Fast Money' to talk what he is looking for in next week's Big Tech earnings.

Persons: Jefferies Brent Thill Brent Thill, Jefferies Organizations: Big Tech

☆ Newest 'Queer Eye' Fab Five member Jeremiah Brent went from being homeless to a successful interior designer
▼ + stars: | 2024-10-25 | by ( Olivia Singh | ) www.businessinsider.com time to read: +5 min

Interior designer Jeremiah Brent will star in season nine of "Queer Eye," premiering in December. AdvertisementJeremiah Brent is a renowned interior designer, TV personality, author, podcaster, and now, one of the Fab Five on season nine of Netflix's "Queer Eye." After working as a styling associate for Zoe, Brent launched his own design firm, Jeremiah Brent Design (JBD), in 2011. Brent said there's 'no drama' with his 'Queer Eye' costarsBrent was already friends with "Queer Eye" fashion expert France prior to landing a spot on the show. In an interview with House Beautiful, published in March, Brent spoke positively about his experience with his "Queer Eye" costars.

Persons: Jeremiah Brent, Brent, Rachel Zoe Project, —, Bobby Berk's, Jonathan van Ness, Karamo Brown, Antoni Porowski, Tan, Kelly Clarkson, Oprah Winfrey, Drew Barrymore, Zoe, Stefanie Keenan, Rachel Zoe, Jeremiah Brent Design, He's, Nate Berkus, Berkus, Poppy, Oskar, there's, Berk, Porowski, I've Organizations: Service, Covenant, Covenant House, Entertainment, Netflix Locations: LA, Tan France, Las Vegas, Modesto , California, Los Angeles, Covenant House Los Angeles, California, Hollywood, NYC, Manhattan, surrogates, France, Porowski

☆ Oil heads for weekly gain as Middle East tensions keep traders on edge
▼ + stars: | 2024-10-25 | by ( ) www.cnbc.com time to read: +2 min

Oil prices rose on Friday and are on track for a weekly gain of more than 1%, as tensions in the world's top oil-producing region, the Middle East, and a restart in Gaza ceasefire talks in the coming days kept traders on edge. Both benchmarks settled down 58 cents a barrel in the previous session after prices fluctuated against expectations of heightened or reduced tensions in the Middle East. Oil traders are waiting for Israel's response to a missile attack by Iran on Oct. 1 that may involve hitting Tehran's oil infrastructure and disrupt supplies, although reports said Israel would strike Iranian military, not nuclear or oil, targets. U.S. and Israeli officials are set to restart talks for a ceasefire and the release of hostages in Gaza in the coming days. Ceasefire talks have a small net negative impact on oil prices, Sycamore said, adding the focus is more on the conflict in Lebanon and Israel's potential response to Iran.

Persons: Tony Sycamore, Israel, Antony Blinken, Sycamore Organizations: Brent, West Texas, NPC, East ., U.S Locations: Gaza, East, Iran, United States, Lebanon, France, China

Search resuls for: "Brent"

25 mentions found