DIRS.INFO The most relevant business & tech news

☆ Trump promised no taxes on Social Security benefits. It's too soon to plan on that change, experts say
▼ + stars: | 2024-11-06 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

On the campaign trail, Republican presidential candidate Donald Trump made a notable promise to retirees: No taxes on Social Security benefits. Any changes to Social Security would require at least 60 Senate votes, and Republicans would therefore need some Democratic support to pass those changes. "It's hard for me to imagine that Democrats would be willing to provide votes to get over that 60-vote threshold and weaken Social Security solvency," said Charles Blahous, senior research strategist at the Mercatus Center at George Mason University, who has also served as a public trustee for Social Security and Medicare. The Trump campaign has pushed back on those findings, calling the Committee for a Responsible Federal Budget "consistently wrong" in a statement to CNBC when the report was released. The Social Security trust fund used to help pay retirement benefits is projected to run out in 2033, according to the program's actuaries.

Persons: Donald Trump, Trump, Charles Blahous, — Organizations: Presidential, Convention Center, Republican, Social Security, Senate, George Mason University, Medicare, Finance, Budget, CNBC, program's Locations: Palm Beach, West Palm Beach , Florida, U.S

☆ Trump's victory spells doom for his criminal cases — but he's not off the hook for $570 million in civil fines
▼ + stars: | 2024-11-06 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

With his comeback victory over Vice President Kamala Harris in the books, Trump can rest easy. But he has not yet escaped from liability in a handful of high-profile civil cases, where he has been ordered to pay combined penalties of over $570 million. "In theory, there should be no effect" from Trump's election on those civil matters, former federal prosecutor Neama Rahmani told CNBC. "It's well established that while a sitting president can't be prosecuted, he can face civil cases," Rahmani said. A state-level criminal case in Georgia, alleging Trump illegally meddled in that state's 2020 election, is also on ice.

Persons: Donald Trump, Donald Trump's, Kamala Harris, Trump, Neama Rahmani, Rahmani, Jack Smith, Smith's, Smith, Aileen Cannon, Fani Willis, Willis, Stormy Daniels Organizations: Convention Center, CNBC, of Justice, D.C, Trump, DOJ, Fulton Locations: Palm Beach, West Palm Beach , Florida, U.S, Smith's Washington, Florida, Georgia, Fulton County, York

☆ Donald Trump defeats Kamala Harris to win 2024 presidential election
▼ + stars: | 2024-11-06 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +4 min

watch nowRepublican presidential nominee Donald Trump will defeat his Democratic rival, Kamala Harris, and return to the White House for another four years, NBC News projects. At 78, he is the oldest person ever to win a U.S. presidential election. Trump's win denies Harris, the vice president, what would have been her own historic milestone: becoming the first woman president of the United States. Democratic presidential candidate Vice President Kamala Harris speaks at a campaign event at the Erie Insurance Arena in Erie, Pennsylvania, on Oct. 14, 2024. It remains to be seen to what extent Trump's presidential agenda will resemble the sum of his many claims as a candidate.

Persons: Donald Trump, Kamala Harris, Joe Biden, Grover Cleveland —, Trump's, Harris, Dustin Franz, Sen, JD Vance, Ohio, Vance, Trump, Robert F, Kennedy Jr, Elon Musk, Evan Vucci, Thomas Matthew Crooks, Crooks, — Organizations: Democratic, White House, NBC, Trump, U.S, Erie Insurance, Afp, Getty, Capitol, Biden, Kyiv, Republican, Secret Service, Secret Locations: United States, Erie , Pennsylvania, Ukraine, Butler, Pa, Pennsylvania

☆ Trump did well in deep-blue states, a sign of his broadening appeal
▼ + stars: | 2024-11-06 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

But he's also expected to win the popular vote, and he did unusually well in deep-blue states. Across several of those states, Trump exceeded his own previous performance in 2020 — in other words, Harris fared worse than President Joe Biden. Here's how Harris is doing compared to Biden in 2020, according to unofficial results from the Associated Press:Illinois — Harris leads Trump by more than 8 points. In 2020, Trump won Texas by just 5.6 points. According to exit polling, Trump won 45% of the Hispanic and Latino vote, including 54% of Hispanic and Latino men.

Persons: he's, —, Donald Trump's, Kamala Harris, Trump, Harris, Joe Biden, Here's, Biden, Associated Press : Illinois — Harris, . New Jersey — Harris, . New York — Harris, Connecticut — Harris, Maryland — Harris Organizations: Service, Republican, Wednesday, Associated Press : Illinois, Biden, Trump, Maryland, Texas, Miami, NBC, CNN, CBS, ABC, Democratic Locations: . New Jersey, . New York, Connecticut, California, Florida, Dade County

☆ Tim Sheehy will defeat Sen. Jon Tester in Montana Senate election, NBC News projects
▼ + stars: | 2024-11-06 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Montana Republican U.S. Senate candidate Tim Sheehy walks up to the stage during a rally for Republican presidential nominee, former U.S. President Donald Trump at the Brick Breeden Fieldhouse at Montana State University on August 9, 2024 in Bozeman, Montana. Former President Donald Trump won a decisive victory over Vice President Kamala Harris in the presidential race , taking multiple key battleground states, and Republicans made gains in the Senate. Sheehy, a former Navy SEAL and wealthy businessman, was heavily touted by the GOP as one of its strongest chances to pick up a Senate seat. Republican nominee Tim Sheehy will defeat incumbent Democratic Sen. Jon Tester in the election for a Senate seat from Montana, NBC News projects. Tester, a farmer who had been elected to three terms in the Senate, was facing strong headwinds in winning reelection.

Persons: Tim Sheehy, Donald Trump, Kamala Harris, Sheehy, Democratic Sen, Jon Tester, Megyn Kelly Organizations: Montana Republican U.S, Republican, Montana State University, Navy, GOP, Democratic, NBC, Senate Locations: Bozeman , Montana, Montana, Afghanistan

☆ Trump's election victory sparks dismay — and defiance — among architects of the Paris climate accord
▼ + stars: | 2024-11-06 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +1 min

Donald Trump's election victory on Wednesday sparked a palpable sense of dismay among the climate community, with two key architects of the landmark Paris Agreement warning that the result will stall global efforts to protect the environment. The 78-year-old, who has called the climate crisis "one of the great scams," has pledged to ramp-up fossil fuel production, pare back outgoing President Joe Biden's emissions-limiting regulations and pull the country out of the Paris climate accord — again. The 2015 Paris Agreement is a critically important framework designed to reduce planet-heating greenhouse gas emissions. Laurence Tubiana, a key architect of the Paris Agreement, said Trump's election victory "is a setback for global climate action, but the Paris Agreement has proven resilient and is stronger than any single country's policies." Tubiana, a French economist and diplomat who now serves as CEO of the European Climate Foundation, said the context today is "very different" to Trump's first election victory in 2016.

Persons: Donald Trump, Hurricane Helene, Donald Trump's, Kamala Harris, pare, Joe Biden's, Laurence Tubiana, Trump's Organizations: Democratic, White, NBC, European Climate Foundation Locations: Hurricane, Valdosta , Georgia, Paris, French

☆ Ukraine congratulates Trump — but a Republican win will scare Kyiv
▼ + stars: | 2024-11-06 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +5 min

Republican presidential nominee and former U.S. President Donald Trump and Ukraine's President Volodymyr Zelenskiy meet at Trump Tower in New York City, U.S., September 27, 2024. Posting on X, Zelenskyy praised Trump on his "impressive election victory" and said he was optimistic that he and the former U.S. president, who has threatened to cut Ukraine funding quickly if re-elected, could work together toward peace in Ukraine. That would make it easy for a Republican administration to block future military funding for Ukraine. The U.S. election, and the future of that funding and support, was seen as a make-or-break moment for Kyiv. Then President Donald Trump and Russian President Vladimir Putin at a joint press conference after their summit on July 16, 2018, in Helsinki, Finland.

Persons: Donald Trump, Volodymyr Zelenskiy, Shannon Stapleton, that's, Volodymyr Zelenskyy, Trump, Kamala Harris, Zelenskyy, Trump's, Vladimir Putin, Chris McGrath, J.D, Vance, wouldn't, — Organizations: Ukraine's, Trump, Reuters, U.S, NBC News, Electoral, White, U.S . House, Ukraine, Analysts, Russian, CNBC, Kyiv, Republicans, Democrats, Getty Locations: New York City, U.S, Reuters Ukraine, Ukraine, Russia, United States, America, Kyiv, Ukrainian, Helsinki, Finland, Moscow

☆ Foreign automaker stocks slide on Trump tariff fears
▼ + stars: | 2024-11-06 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

Brian Snyder | ReutersDETROIT — Stock prices of foreign automakers, including Chinese and German manufacturers, fell sharply on Wednesday amid concerns the U.S. will hike tariffs on imported vehicles under President-elect Donald Trump. European-traded shares of BMW and Mercedes-Benz were off around 6.5%, while Porsche was down by 4.9% and Volkswagen declined 4.3%. Trump has repeatedly said he will increase tariffs on many products, including new cars and trucks from China, Europe and Mexico, where many automakers, including Europeans, have established manufacturing hubs. U.S.-traded shares of Japanese automakers Toyota Motor and Honda Motor also were down during intraday trading by roughly 1% and 9%, respectively. However, they still heavily rely on imports from other countries, including Mexico, to meet U.S. consumer demand.

Persons: Donald Trump, Sarah Huckabee Sanders, Brian Snyder, Donald Trump ., Li Auto, Nio, Trump, aren't, Shinji Aoyama, Aoyama, Stellantis Organizations: Arkansas, Reuters DETROIT —, BMW, Mercedes, Benz, Porsche, Volkswagen, Japanese, Toyota Motor, Honda, Nissan Motor, General Motors, Ford Motor, Chrysler, Toyota, Hyundai, Kia, Mazda, American Free Trade Locations: Flint , Michigan, U.S, China, Europe, Mexico, United States, Canada

☆ Here's what a Trump presidency could mean for your taxes
▼ + stars: | 2024-11-06 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: 1 min

Republican presidential nominee and former U.S. President Donald Trump holds a rally in Saginaw, Michigan, U.S., October 3, 2024. Democratic presidential nominee U.S. Vice President Kamala Harris and Vice-Presidential candidate Tim Walz speaks during a campaign rally and concert in Ann Arbor, Michigan, U.S. October 28, 2024. Brendan McDermid | Evelyn Hockstein | ReutersPlus, most of Trump's tax policy requires Congressional approval, which could be challenging, depending on control of the Senate and House of Representatives and support within the Republican party. While Republicans secured a Senate majority, control of the House remains uncertain. If Democrats flip the House, we could see "more gridlock" in Congress, which could stall Trump's agenda, Gleckman explained.

Persons: Donald Trump, Kamala Harris, Tim Walz, Brendan McDermid, Evelyn Hockstein, Gleckman Organizations: Democratic, U.S, Reuters, Republican, Republicans Locations: Saginaw , Michigan, U.S, Ann Arbor , Michigan

Here's a look at some of the key counties to watch across the seven presidential battleground states, ordered by the state's final poll closing time (in Eastern Standard Time). Mitt Romney won more than 80% in Forsyth in 2012, but Trump won just two-thirds of the vote there eight years later. In 2020, Joe Biden won this county by only 4 points over Trump, while Hillary Clinton carried it by 13 points in 2016. While Trump won it by 3 points in 2016, Biden won Maricopa by 2 points four years later. And that Democratic gain helped the party flip Wisconsin in 2020, given that Biden won the state by just 20,000 votes.

Persons: Donald Trump, Mitt Romney, Anson, Joe Biden, Hillary Clinton, Kamala Harris, Hurricane Helene, Trump, Romney, Nikki Haley, Nash, Biden, It's, Dave Wasserman, Amy Walter, Barack Obama, they've, Harris, Clinton, Dane Organizations: NBC News, Trump, Cobb, Black, Democratic, Republican, The, NBC, Clinton, Biden, Democrats, Maricopa, Arab American, University of Wisconsin, Republicans, Biden’s, GOP Locations: . Georgia, County, Forsyth, exurbs, Marietta, Gwinnett, Atlanta, North Carolina, Henderson, South, Asheville, Raleigh, North Carolina . Pennsylvania, Philadelphia, Philly, Erie, Buffalo, Cleveland, Pittsburgh, Lake Erie, Lackawanna, Scranton, Northampton, Arizona, Maricopa, Michigan, Kent, Grand Rapids, Wayne, Detroit, Traverse City, . Wisconsin, Madison, Wisconsin, Milwaukee, Waukesha, Washington

☆ These countries have the most at stake as the U.S. heads to the polls
▼ + stars: | 2024-11-05 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

Democratic presidential nominee, U.S. Vice President Kamala Harris, and Republican presidential nominee, former U.S. President Donald Trump. Scott Olson | Bill Pugliano | Getty ImagesThe world is watching the U.S. presidential election as voters go to the polls Tuesday, but the vote is more consequential for some countries. That situation is even more pronounced for Ukraine, whose territorial integrity could even be at stake. Trump defended the measure as a way of reducing a yawning trade deficit with China, and to boost American jobs and competitiveness. Patrick Stollarz | AFP | Getty ImagesThis year, Trump said that if he was reelected, he would raise tariffs on Chinese goods by 60-100%.

Persons: Kamala Harris, Donald Trump, Scott Olson, Bill Pugliano, Trump, Xi Jinping, Patrick Stollarz, Harris, Biden's, It's, Ian Bremmer, Vladimir Putin, Alexei Nikolsky, Washington Hilton, Kevin Dietsch, Benjamin Netanyahu, Biden —, Brendan Smialowski Organizations: Democratic, Republican, U.S, AFP, Getty, Trump, Democrat, CNBC, Russia, Anadolu, Russian, Eurasia Group, Russia's, Sputnik, Kremlin, Reuters It's, Ukraine, Washington, - American, Israeli American Council National Summit, Israel Democracy Institute, Reuters Locations: Ukraine, China China, United States, China, Hamburg, Germany, U.S, Russia, Kyiv, Moscow, Toretsk, Orenburg, Israel, Iran, Gaza, Lebanon, Jerusalem, Tehran

☆ Trump Media loses $19.2 million in third quarter, surprise Election Day filing reveals
▼ + stars: | 2024-11-05 | by ( Fred Imbert | ) www.cnbc.com time to read: +1 min

Republican presidential nominee and former U.S. President Donald Trump speaks at a campaign town hall meeting in Lancaster, Pennsylvania, on Oct. 20, 2024. The filing was not telegraphed to investors beforehand and came as a surprise to traders not expecting it on Election Day, the very day the former president and Trump Media majority owner squares off against Vice President Kamala Harris. Trump Media, which trades under the ticker DJT, has seen volatile trading lately. Trump Media also reported about $2.6 million in revenue and a net loss of $363 million for the first nine months of 2024. Trump Media is continuing to "explore additional possibilities for growth."

Persons: Donald Trump, Donald Trump's, Kamala Harris, Devin Nunes, CNBC's Kevin Breuninger Organizations: Trump Media, Revenue, Company Locations: Lancaster , Pennsylvania

☆ The 2024 presidential election may come down to swing states' results. Here's where Trump and Harris lead in the polls.
▼ + stars: | 2024-11-05 | by ( John L. Dorman | Kelsey Vlamis | ) www.businessinsider.com time to read: +15 min

Georgia2012 margin: Romney +7.8%Advertisement2016 margin: Trump +5.1%2020 margin: Biden +0.2%Related storiesFor decades, Republicans could easily depend on the Peach State's electoral votes falling into their column. Two years later, Biden won Georgia by roughly 12,000 votes over Trump, followed by the dual 2021 runoff victories of Sens. Pennsylvania2012 margin: Obama +5.4%2016 margin: Trump +0.7%2020 margin: Biden +1.2%AdvertisementBiden's hometown of Scranton is dear to his heart so Pennsylvania was always going to be a key state for the party in 2024. Wisconsin2012 margin: Obama +6.9%2016 margin: Trump +0.8%Advertisement2020 margin: Biden +0.6%Wisconsin is one of the most politically divided states in the country. But Trump flipped Wisconsin to the GOP in 2016, the first time it had supported a Republican presidential nominee since 1984.

Persons: Kamala Harris, Donald Trump, —, Joe Biden, Harris, Kevin McCarthy of, Mike Johnson of, suburbanites, Roe, Wade, Trump, Bill Clinton, Kansas Sen, Bob Dole, Barry Goldwater, Mitt Romney, Barack Obama, Hillary Clinton, Biden, Katie Hobbs, MAGA, Kari Lake, Sen, Mark Kelly, Republican Blake Masters, Adrian Fontes, Hobbs, Mark Finchem, Ruben Gallego, Stacey Abrams —, Georgia —, Abrams, Sens, Raphael Warnock, Jon Ossoff, Kelly Loeffler, David Perdue, midterms, Warnock, Republican Herschel Walker, Walker, Brian Kemp, Gretchen Whitmer, Dana Nessel, Jocelyn Benson, Obama, Clinton, Clark County Sheriff Joe Lombardo, Steve Sisolak, reelecting Sen, Catherine Cortez Masto, Adam Laxalt, — Dina Titus, Steven Horsford, Susie Lee —, Arizona GOP Sen, John McCain, Josh Stein, Mark Robinson, Roy Cooper, Gov, John Fetterman, GOP Sen, Pat Toomey, Josh Shapiro, Tom Wolf, Al Gore, John Kerry eked, Tony Evers, Scott Walker —, Tammy Baldwin, Evers, Tim Michels, Ron Johnson, Mandela Barnes Organizations: Swing, Sun, Service, Democratic, Republican, House, Republicans, State, Massachusetts Gov, Trump, Democratic Rep, GOP, Republican Party, Georgia, Gov, Michigan, Silver State, Democratic Gov, North Carolina, Arizona GOP, Romney, Democrats, Senate, Badger State Locations: Midwest, Florida, Ohio, Pennsylvania, Wisconsin, Arizona, Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Israel, Kevin McCarthy of California, Mike Johnson of Louisiana, Kansas, Massachusetts, Ruben Gallego . Georgia, Atlanta, Detroit, Gaza, Nevada, Silver, Clark, Clark County, North Carolina, North, Roy Cooper . Pennsylvania, Scranton, Philadelphia, Allegheny County, Pittsburgh

☆ The next U.S. president could face a tax battle in 2025 — here's what it means for investors
▼ + stars: | 2024-11-05 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

This combination of pictures created on October 25, 2024 shows US Vice-President and Democratic Presidential candidate Kamala Harris in Houston, Texas on October 25, 2024 and former US President Republican presidential candidate Donald Trump in East Del Valle, Austin, Texas on October 25, 2024. As millions of Americans cast ballots on election day, advisors are bracing for major tax changes that could be on the horizon. Enacted by former President Donald Trump, the Tax Cuts and Jobs Act of 2017, or TCJA, brought sweeping changes for individuals, including lower tax brackets, higher standard deductions, a more generous child tax credit and a bigger estate and gift tax exemption, among others. Many of the individual TCJA provisions will sunset after 2025 without action from Congress, which will be a key issue for the next president, policy experts say. However, planning can be complicated with several tax provisions scheduled to sunset, experts say.

Persons: Kamala Harris, Donald Trump, Jim Guarino, Baker Newman Noyes Organizations: Democratic, Republican Locations: Houston , Texas, East Del Valle, Austin , Texas, Woburn , Massachusetts

☆ The U.S. election is a make-or-break moment for aid to Ukraine
▼ + stars: | 2024-11-05 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +10 min

Kevin Lamarque | ReutersTensions are likely running high in Kyiv ahead of Tuesday's presidential election in the U.S. — a vote that could make or break ongoing aid for Ukraine. Officials in Kyiv say the election is being watched closely, amid concerns that future aid could be cut. In the week before the presidential election, Western officials were reported as saying that a Harris administration would likely struggle to push significant aid for Ukraine through Congress. A win by Donald Trump could see him placing a phone call to Russian President Vladimir Putin as early as 6 November. Then President Donald Trump and Russian President Vladimir Putin at a joint press conference after their summit on July 16, 2018, in Helsinki, Finland.

Persons: Volodymyr Zelenskiy, Kamala Harris, Kevin Lamarque, —, Donald Trump, Joe Biden, It's, Trump, it's, Yuriy Sak, J.D, Vance, JD Vance, Carlos Osorio, Putin, Harris, Timothy Ash, Reuters Ash, Ash, Tim Willasey, Vladimir Putin, Chris McGrath Organizations: U.S, White, Reuters, NBC News, Republican, Democrats, NATO, Russia, Ukrainian, CNBC, Anadolu, Getty, Kiel Institute of, European Investment Bank, European Commission, Republicans, Kyiv, Reuters Trump, Berenberg Bank, Berenberg, Washington, Congress, Trump, Ukraine, BlueBay Asset Management, Democratic, Royal United Services Institute Locations: Washington , U.S, Kyiv, U.S, Ukraine, United States of America, United States, America, Russia, Toretsk, Donetsk, Donbas, Moscow, St, Cloud , Minnesota, Europe, Belgian, Helsinki, Finland

☆ Trump Media shares gain 10% in after-hours trading as voting in heated presidential election nears end
▼ + stars: | 2024-11-05 | by ( Jeff Cox | ) www.cnbc.com time to read: 1 min

Former US President and Republican presidential candidate Donald Trump speaks during a campaign rally at Van Andel Arena in Grand Rapids, Michigan on November 5, 2024. Shares in former President Donald Trump's media company pushed higher as voting wound down in the contentious presidential election campaign Tuesday. Trump Media & Technology Group was up 10% as formal after-hours trading came to an end on Tuesday evening, Election Day. The stock, seen as a market proxy for the former president's prospects as he seeks a second term in office, rallied despite a surprise earnings statement that showed the company lost $19.2 million in the third quarter. Shares have been volatile during the election season, rising and falling as Trump's fortunes swirled during his neck-and-neck race with Democratic Vice President Kamala Harris.

Persons: Donald Trump, Donald Trump's, swirled, Kamala Harris Organizations: Republican, Van Andel, Trump Media & Technology Group, Democratic Locations: Grand Rapids , Michigan

☆ Trump says he will give RFK Jr. a major health role if he wins the White House. Here's what that means for patients, drugmakers
▼ + stars: | 2024-11-05 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +10 min

Some health experts said elevating Kennedy, even in an informal Trump administration position, could potentially lead to severe consequences for patients, drugmakers and the nation's public health overall. That could exacerbate the nation's existing public health challenges, such as declining childhood vaccination rates for several preventable diseases, some experts say. "I think we could reasonably predict that there would be a decline in vaccination rates among children, and perhaps vaccination overall." Drugmakers such as Pfizer and Moderna are still recovering from falling Covid vaccination rates in the U.S., which have dented their profits over the last two years. Kennedy's other proposals for overhauling federal health agencies will likely be difficult to execute.

Persons: Donald Trump, Robert F, Kennedy Jr, Anna Moneymaker, Kennedy, Trump, Dr, Paul Offit, Drew Altman, Altman, Genevieve Kanter, Cynthia Blancas, Deep Patel, Christina House, they've, Offit, Andrew Kelly, USC's Kanter, that's, Georges Benjamin, Covid, Kanter Organizations: Gas, Getty, White House, Trump, Children's Hospital of Philadelphia, CNBC, and Drug Administration, Centers for Disease Control, Commonwealth Fund, Senate, Washington Post, University of Southern, CVS, Los Angeles Times, CDC, Pfizer, Moderna, NBC, Health Defense, FDA, Department of Health, Human Services, U.S . Food, Drug Administration, Reuters, American Public Health Association, Pharma Locations: Duluth , Georgia, U.S, University of Southern California, Lynwood, Huntington Park, Samoa, White Oak , Maryland

☆ Stocks making the biggest moves premarket: Trump Media, Hims & Hers, Palantir and more
▼ + stars: | 2024-11-05 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +5 min

Palantir reported 10 cents earnings per share on $726 million in revenue. On the other hand, NXP's third-quarter earnings beat analysts' expectations by 2 cents per share, while its $3.25 billion revenue was in line with estimates. Hims & Hers Health — The telehealth stock popped 7.2% after third-quarter earnings exceeded expectations of analysts polled by FactSet on both lines. On the other hand, the company's $3.19 billion revenue missed estimates of $3.20 billion. Marqueta's $128 million revenue was just shy of the $128.1 million consensus from FactSet.

Persons: Donald Trump, Palantir, Rick Dreiling, Michael Creedon, FactSet, LSEG, Burger King, machinists, Astera, — CNBC's Michelle Fox, Alex Harring, Hakyung Kim, Yun Li, Sarah Min, Pia Singh Organizations: Trump Media & Technology, Republican, White, LSE, NXP, Wynn Resorts, Lattice Semiconductor, DuPont de Nemours, Restaurant, Burger, LSEG, Revenue, Diamondback Energy, Boeing —, Labs, Deutsche Bank, UBS, Deutsche Locations: Netherlands, Americas, Europe, San Francisco, Cleveland, Wells Fargo

☆ Trump Media shares gain on Election Day as traders bet potential GOP candidate win will boost business
▼ + stars: | 2024-11-05 | by ( Fred Imbert | ) www.cnbc.com time to read: +1 min

Republican presidential nominee and former U.S. President Donald Trump reacts at a rally in Las Vegas, Nevada, U.S. September 13, 2024. Shares of Trump Media & Technology rose on Election Day Tuesday, with traders betting a second Trump presidency would give the business prospects of the Truth Social operator a boost. Year to date, Trump Media, which is majority-owned by Trump, has nearly doubled. However, it has struggled recently, as Vice President Kamala Harris appeared to gain momentum heading into Election Day. Trump Media shares have seen huge retail trader inflows in the week's leading up to the election and has been the most-discussed stock on Reddit page WallStreetBets, which gained popularity during the GameStop fueled stock meme fad of 2021.

Persons: Donald Trump, Donald Trump's, Trump, Kamala Harris, Jay Woods, Woods, Harris, Kevin Breuninger, Alex Harring Organizations: Republican, Wall, Trump Media & Technology, Trump Media, Trump, Gamestop, Freedom Capital, CNBC, GameStop, NBC Locations: Las Vegas , Nevada, U.S

☆ As Americans head to the polls, social media companies are in the spotlight
▼ + stars: | 2024-11-05 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +15 min

Beata Zawrzel | Nurphoto | Getty ImagesWith Americans heading to the polls on Election Day, social media companies like Meta , TikTok, X and YouTube are under intense pressure to handle what's expected to be a flood of disinformation, heightened by the rise of artificial intelligence. The video amassed hundreds of thousands of views within hours after it was posted on Elon Musk's social media platform X. And TikTok failed to catch ads containing false election information despite its ban on political advertising, according to an October report from Global Witness. On Facebook and Instagram, Meta said it's adding fact-check labels to election content that's been debunked. In sharing dozens of posts a day on X, Musk regularly amplifies false election information to his more than 200 million followers.

Persons: Kamala Harris, Donald J, Beata Zawrzel, It's, Hillary Clinton, Meta, it's, aren't, Mark Zuckerberg, Celal, that's, Adam Mosseri, Mosseri, we've, National Intelligence Avril Haines, TikTok, Donald Trump, Joe Biden, Tesla, Elon Musk, Carlos Barria Carlos Barria, Reuters X, Musk, Trump, YouTube Omar Marques, Evan Spiegel, Joe Scarnici, Brendan Mcdermid Organizations: Trump, Twitter, Nurphoto, Meta, YouTube, Russian, Democratic, Infrastructure Security Agency, FBI, National Intelligence, Elon, stoke, CNBC, NBC News, Global, Washington DC, Anadolu, Getty, Reuters, USA, Associated Press, Facebook, Instagram, Election, Democracy Works, TikTok's, AP, Republican, U.S, Madison, REUTERS, Lightrocket, Google, Snap Inc, Barker, Vote.org, NBC, Poynter Institute, Traders, New York Stock Exchange Locations: Russia, Iran, China, Pennsylvania, CISA, North Carolina, Dirksen, Washington, United States, U.S, PolitiFact, New York, Santa Monica , California, New York City

☆ Here is the most important thing investors can do ahead of the presidential election outcome
▼ + stars: | 2024-11-05 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

With Election Day upon us, many investors are wondering how to, or if they even should, position their stock portfolios ahead of knowing who the next president will be. Indecision will hurt the stock market, not destroy it, but bruise it because the only thing markets really hate is uncertainty." Jim also wrote Sunday that the stock market will more than likely be just fine no matter who wins the presidency. Bottom line A quick and decisive presidential election outcome — one way or the other — is what's best for the stock market. Combination with Former President and Republican Presidential Candidate Donald Trump (L), and Vice President and Democratic Presidential Candidate Kamala Harris.

Persons: Donald Trump, Kamala Harris, That's, Joe Biden, Jim Cramer, Jim, we've, Barack Obama, Biden, George W, Bush, Richard Nixon, Jim Cramer's Organizations: NBC News, Democratic, Republican, Trump, JPMorgan, Dow, Nasdaq, Federal Reserve, Jim Cramer's Charitable, CNBC

☆ My sister and I ate at the Trump Grill for the first time. Our $120 meal was a decent deal, but the food felt forgettable.
▼ + stars: | 2024-11-05 | by ( Fatima Khawaja | ) www.businessinsider.com time to read: +1 min

My sister and I spent $120 on lunch at the Trump Grill in New York City. I was a little disappointed in the food and I'd only return if I was already in the area. Go to newsletter preferences Thanks for signing up! Since then, I've wanted to try the Trump Grill, a spot that serves daily lunches and Sunday brunch. After a recent morning of window shopping with my sister, we decided to head to the Trump Grill for a midday meal.

Persons: —, I've, Donald Trump Organizations: Trump, Service, New York, Republican Locations: New York City, New, York

☆ Final polls show Harris and Trump headed for a photo finish
▼ + stars: | 2024-11-04 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

They show that neither Harris nor Trump have broken out in the swing states. Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania, and Wisconsin will likely determine whether Vice President Kamala Harris or former President Donald Trump wins. The final set of New York Times/Siena College surveys of each state showed Harris narrowly leading among likely voters in Georgia, Nevada, North Carolina, and Wisconsin, while Harris and Trump are tied in Michigan and Pennsylvania. Biden in 2020 won Georgia by a razor-thin margin, while Trump narrowly won North Carolina that year. Harris is winning female voters by 16 points (57% to 41%), according to the final NBC News poll.

Persons: Harris, Trump, —, Kamala Harris, Donald Trump, Joe Biden, Biden, Barack Obama's, — there's, hasn't, George W, Bush, Arizonans, There's Organizations: Service, New York Times, Siena College, Democratic, Trump, Times, Georgia, North, Republican, Des Moines Register, NBC Locations: Arizona , Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, Siena, Georgia , Nevada , North Carolina, Pennsylvania, In Arizona, Georgia, Nevada, North Carolina, North Carolina —, Charlotte, Raleigh, Wisconsin , Michigan, Midwest, Iowa, Arizona

☆ As the election winds down, worries of 'bond vigilantes' and inflation hit markets
▼ + stars: | 2024-11-04 | by ( Jeff Cox | ) www.cnbc.com time to read: +6 min

Specifically, he warned about traders taking the 10-year Treasury yield , a bond market benchmark, above 5% — a level it hasn't seen since mid-2007. To be sure, there are myriad reasons why the bond market has been in a state of tumult since mid-September, political considerations of a second Trump term being just one of them. "The bond market could easily nullify the impacts of another rate cut. That's because the bond market believes the Fed is cutting rates by too much, too soon, and is therefore raising long-term inflation expectations. It could carry "higher tariffs and mass deportations, which triggers stagflation in the US including a second inflation spike," the bank said.

Persons: Donald Trump, Chip Somodevilla, Kamala Harris, Ed Yardeni, Yardeni, Trump, Harris, Kumar, it's, Karen Dynan, Trump's, Peterson, Morgan Stanley Organizations: Fiserv, Republican National Convention, Treasury, Trump, Reserve, Bond, Yardeni Research, Sri, Kumar, Peterson Institute for International Economics, Federal Reserve, JPMorgan, Republicans Locations: Milwaukee , Wisconsin, United States

☆ Trump describes US as an occupied country in dark closing message focused on immigration
▼ + stars: | 2024-11-04 | by ( Eric Bradner | Kate Sullivan | ) edition.cnn.com time to read: +4 min

That’s all it is,” Trump said, as he vowed to launch a massive deportation effort. Trump was closing his third presidential campaign Monday with the same anti-immigration rhetoric that he used to launch his first White House bid. “Four years of Kamala have delivered nothing but economic hell for the American workers,” Trump said. It was a long discussion that is contrary to previous messaging from Trump and his campaign, which has encouraged people to vote early. One way, there’s only one way.”He added, “We have to win the old fashioned way and then fix it.

Persons: Donald Trump, ”, Kamala Harris, Trump, ” Trump, Megyn Kelly, Kelly, Kamala, “, They’ll, Roberto Clemente, Harris, Joe Biden Organizations: CNN, Trump, Republican, Pittsburgh Pirates, Sun Locations: United States, Pennsylvania, Colorado, Springfield , Ohio, Mexico, China, Pittsburgh, North Carolina, Michigan, Puerto Rican, Keystone, Michigan , Pennsylvania, Wisconsin, Arizona, Georgia, Nevada

Search resuls for: "Republican Presidential"

25 mentions found