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☆ Stocks making the biggest moves midday: Target, Nvidia, AppLovin, Williams-Sonoma and more
▼ + stars: | 2024-11-20 | by ( Pia Singh | In | ) www.cnbc.com time to read: +4 min

Williams-Sonoma earned $1.96 per share on $1.80 billion in revenue, while analysts surveyed by LSEG had anticipated just $1.78 in earnings per share and $1.79 billion in revenue. Target — Shares plunged more than 21% after the big-box retailer disappointed on third-quarter earnings and revenue estimates and cut its full-year guidance, just three months after raising that forecast. Target reported only a slight uptick in customer traffic as CEO Brian Cornell noted "lingering softness in discretionary categories." That is better than the $1.57 in earnings per share that analysts were expecting, per FactSet. Dolby earned 61 cents per share in its fiscal fourth quarter, higher than analysts' forecast of 45 cents per share, according to FactSet.

Persons: LSEG, Ford, Piper Sandler, Brian Cornell, Robinhood, Needham, Morgan Stanley, Keysight, Dolby, —, Alex Harring, Brian Evans, Sean Conlon, Yun Li, Michelle Fox Organizations: Sonoma, Ford, U.S, Nvidia, LSEG, —, Air Lines, Delta, Super Micro, BDO, Nasdaq, Dolby, Wall, Qualcomm Locations: Robinhood

☆ Comcast’s cable networks spinoff raises questions about future of the TV business
▼ + stars: | 2024-11-20 | by ( Brian Stelter | ) edition.cnn.com time to read: +5 min

On Wednesday morning, the media giant confirmed that it is spinning off most of its cable channels, including MSNBC and CNBC, into a separate publicly traded company. The new company doesn’t have a formal name yet — Comcast is simplycalling it “SpinCo” — a suitable label since employees’ heads are spinning with questions. Discovery, spin off their cable channels too? How might the cable bundle business model be impacted? “This is a very clear, direct statement by Comcast” that “they are exiting the cable network business,” Greenfield said.

Persons: Mike Cavanagh, NBCUniversal, Tom Rogers, Rogers, “ it’s, ”, ” Rogers, Rich Greenfield, ” Greenfield, ’ It’s, Mark Lazarus, Lazarus, “, Joe Kernen, Greenfield’s, Greenfield, Matt Stoller, Hugh Johnston, “ SpinCo Organizations: New, New York CNN, Comcast, MSNBC, CNBC, Walt Disney Company, Warner Bros, NBC Cable, Lightshed Partners, Paramount, USA Network, SYFY, Golf, Rotten, NBC, American Economic Liberties, Disney, ” Fox Corp Locations: New York

☆ A man hid 5 boxes across the US with more than $2 million worth of treasure inside
▼ + stars: | 2024-11-20 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +4 min

AdvertisementJon Collins-Black has hidden five treasure chests across the US for a public hunt. Now, he's hidden five treasure boxes in locations around the US — and he wants people to find them. He wrote all the clues one needs to find these treasure chests into a book, "There's Treasure Inside." AdvertisementAll five treasure chests are also puzzle boxes, Collins-Black said — but if one finds the chest, instructions are placed with it outlining how to open the boxes, so people don't have to destroy them. "I don't have this desire for me to be long gone, and they're to be the 'Legend of the John Collins-Black treasures,'" he said.

Persons: Jon Collins, Collins, Black, they'll, George, Forrest Fenn, —, John Collins Organizations: BI, Collins Locations: California, Rocky

☆ Watch CNBC's full interview with former NBC Cable president Tom Rogers
▼ + stars: | 2024-11-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with former NBC Cable president Tom RogersTom Rogers, Oorbit Gaming executive chairman and former NBC Cable president, joins 'Squawk Box' to discuss Rogers' thoughts on Comcast's decision to spinoff cable channels, how Comcast was able to pull this off first, and much more.

Persons: Tom Rogers Tom Rogers, Rogers Organizations: NBC Cable, Oorbit Gaming, Comcast

☆ 17 easy ways to make stuffing better using things you might already have in your kitchen
▼ + stars: | 2024-11-20 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: 1 min

Ingredients like wine, bacon, or even saltine crackers can take your stuffing to the next level. Everyone has their own preferred way of making Thanksgiving stuffing. Related Video Garbage spikes during the holidays — can wrapping gifts in plastic trash reduce it? So finding creative ways to elevate classic dishes without breaking the bank is more important than ever. Here are 17 easy ways to make stuffing better using things you already have in your kitchen.

It's the second mattress from bed-in-a-box brand Tuft & Needle, which now has four mattresses in total (including a hybrid version of the Mint Mattress). Connie Chen/Business InsiderThe Mint mattress is an upgrade from the company's Original Mattress, a 10-inch, medium-firm mattress. You can check out our Tuft & Needle Original Mattress review for our full thoughts, but it's a basic and comfortable mattress at a cheaper price point. We also have guides for specific needs, including the best cooling mattress, the best mattress for side sleepers, the best foam mattress, the best hybrid mattress, and the best mattress for back pain. If you're set on a Tuft & Needle mattress, you may also consider looking at our Tuft & Needle Original Mattress review for a cheaper option from the company.

Persons: Connie Chen, you'll, I've, I'm, it's Organizations: Business, Greenguard

☆ NHL Commissioner Bettman: There's nothing more valuable than sports content
▼ + stars: | 2024-11-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNHL Commissioner Bettman: There's nothing more valuable than sports contentGary Bettman, NHL commissioner, joins 'Squawk Box' to discuss how valuable sports content is, the league's media deal in Canada, and much more.

Persons: Bettman, Gary Bettman Organizations: NHL Locations: Canada

☆ CNBC anchors and insiders worry about their futures as Comcast looks to unload the network
▼ + stars: | 2024-11-20 | by ( Lucia Moses | Madeline Berg | ) www.businessinsider.com time to read: +4 min

AdvertisementCNBC anchors projected an air of mild panic about the news that Comcast would spin off the network. The media conglomerate announced it would create a new entity for most of its cable networks. CNBC anchors turned their signature irreverent style on themselves on Wednesday, as their parent Comcast became a headline in announcing plans to spin off the business news network along with many other cable assets. Analysts — including those featured on CNBC — did not hold back on Wednesday about what the spinoff means for the cable network. AdvertisementOne question for CNBC folks is whether they will maintain the prestige and workplace benefits that came with being part of Comcast.

Persons: We're, Joe Kernan, David Faber, Kernan, Mark Lazarus, Faber, CNBC —, Rich Greenfield, Rich, Becky Quick, Julia Boorstin, NBCU, Elon, Trump Organizations: CNBC, Comcast, Real Housewives, NBC, LightShed Partners, Warner Bros, Discovery, Paramount, Starz, Business Locations: NBCU, London

☆ Comcast's cable spinoff is them saying 'we don't want to be in the cable biz': LightShed co-founder
▼ + stars: | 2024-11-20 | 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 EmailComcast's cable spinoff is them saying 'we don't want to be in the cable biz': LightShed co-founderRich Greenfield, LightShed Partners co-founder and partner, joins 'Squawk Box' to discuss Comcast's decision to spinoff its cable divisions, Greenfield's major thoughts about the decision, and the valuation of Comcast's cable assets.

Persons: Rich Greenfield Organizations: LightShed Partners

☆ Housing market weakness is in the entry-level but move-up market's strong: Zelman and Associates CEO
▼ + stars: | 2024-11-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHousing market weakness is in the entry-level but move-up market's strong: Zelman and Associates CEOIvy Zelman, Zelman and Associates CEO, joins 'Squawk Box' to discuss the recent moves in mortgage rates, the solution to low supply in the entry-level housing market, and how optimistic Zelman is about government fixing the housing situation.

Persons: Ivy Zelman

☆ DJT's trading is a very strange situation, says Semafor's Liz Hoffman
▼ + stars: | 2024-11-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDJT's trading is a very strange situation, says Semafor's Liz HoffmanLiz Hoffman, Semafor business and finance editor, joins 'Squawk Box' to discuss the current discussions for Treasury Secretary, the implications for Apollo Global if Marc Rowan were tapped for Treasury Secretary, and much more.

Persons: Liz Hoffman Liz Hoffman, Marc Rowan Organizations: Apollo, Treasury

☆ Target shares plunge 21% after discounter cuts forecast, posts biggest earnings miss in two years
▼ + stars: | 2024-11-20 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +3 min

The big-box retailer reversed course and cut its full-year profit guidance, just three months after hiking that forecast. That's lower than the $9 to $9.70 per share range that it shared in August and below the $9.55 a share expected by analysts, according to StreetAccount. That metric, which is also known as same-store sales, includes sales on its website and stores open at least 13 months. The company fell short of Wall Street's earnings per share estimate by 20%, its biggest miss in two years. Target eked out a comparable sales gain of 0.3%, as shoppers spent more on its website but less at its stores.

Persons: Brian Cornell, Michael Fiddelke, Rick Gomez Organizations: LSEG, Shoppers, Target Locations: Selinsgrove . Target

☆ Kansas City Chiefs president: Kelce-Swift relationship has been nothing but good for us
▼ + stars: | 2024-11-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKansas City Chiefs president: Kelce-Swift relationship has been nothing but good for usMark Donovan, Kansas City Chiefs president, joins 'Squawk Box' to discuss the future for the Kansas City Chiefs, the team's Hallmark movie, and much more.

Persons: Mark Donovan Organizations: Kansas City Chiefs, Mark Donovan , Kansas City Chiefs Locations: Mark Donovan ,

☆ Comcast's cable spinoff is 'actually a good idea', says former NBC cable president
▼ + stars: | 2024-11-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailComcast's cable spinoff is 'actually a good idea', says former NBC cable presidentTom Rogers, Oorbit Gaming executive chairman and former NBC Cable president, joins 'Squawk Box' to discuss Rogers' thoughts on Comcast's decision to spinoff cable channels, how Comcast was able to pull this off first, and much more.

Persons: Tom Rogers, Rogers Organizations: NBC, Oorbit Gaming, NBC Cable, Comcast

☆ Delta CEO: Projecting we generate $50 billion of operating cash over next 3-5 years
▼ + stars: | 2024-11-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDelta CEO: Projecting we generate $50 billion of operating cash over next 3-5 yearsEd Bastian, Delta CEO, joins 'Squawk Box' to discuss how Delta will achieve sustained higher profits going forward, why investors should believe Delta is a good stock to invest in, and what Bastian has learned from the trying times this year.

Persons: Ed Bastian, Bastian Organizations: Email Delta Locations: Delta

“We’re expecting this holiday period to be very consistent with that,” he said. Retailers, including Walmart, are contending with a mixed bag of factors this holiday season. The holiday season is also shorter this year and parts of the U.S. have had unseasonably warm weather, two dynamics that could hurt retailers. That would be lower than the 3.9% year-over-year jump from the 2022 to 2023 holiday season, when spending totaled $955.6 billion. Rainey said the holiday period is “off to a pretty good start.”He said items like TVs, Apple AirPods, Beats headphones and even tires have been selling.

Persons: John David Rainey, “ We’re, ”, “ They’re, Rainey, Walmart’s, Donald Trump’s, it’s, We’ve Organizations: Walmart, CNBC, LSEG, New York Stock Exchange, Sam’s, Walmart U.S, U.S, National Retail Federation, Apple Locations: U.S, China

Now, Fonsi is making his debut as a lead actor in the film “Say a Little Prayer,” which opens at AMC and other theaters nationwide Friday. The movie, which features a nearly all-Latino cast, follows the romantic adventures of three best friends in San Antonio. “And to be able to do that in a film is great.”A poster for “Say a Little Prayer,” opening Friday. Luis Fonsi performs the theme song from “Say a Little Prayer” in San Antonio. The cast and crew of “Say a Little Prayer” in San Antonio in October.

Persons: Luis Fonsi's, “, ”, I’d, Anthony, Rafael, It’s, valentine, Fonsi, ” Fonsi, Vannessa Vasquez, Jackie Cruz, Vivian Lamolli, Angélica María, Chris Kattan, Luis Fonsi, Patrick Perez Vidauri Vasquez, Adela, Vasquez, ” Vasquez, carne, Selena, ’, Latinas, Cristina Nava, ” Nava, ” Vivian Lamolli, Nava, Jeff Valdez, Sol Trujillo, Edward James Olmos, Olmos, El Viaje, It's, Daddy Yankee, That’s, “ I’m Organizations: NBC News, AMC, Productions, westside, Centro de Artes, San, San Fernando Cathedral, “, Hulu, Cadence Productions, McKinsey & Company, El, YouTube Locations: Miami, Madrid, San Antonio, San Fernando, Mexican, Houston, Los, Latina, Antonio, Hollywood, “, America, U.S, Spain, Puerto Rico

For “Interior Chinatown” star Jimmy O. Yang, playing an invisible Chinatown extra in the new series hit close to home. “Interior Chinatown,” based on the National Book Award-winning novel of the same name by Charles Yu, is technically a show within a show. His character, Willis, sneaks into “Black and White” by disguising himself as the tech guy and the Chinese food deliveryman, using these stereotypes to his advantage. Though Willis learns to jump between the worlds of “Black and White” and Chinatown, Fatty stubbornly refuses to leave the Chinese restaurant where the two friends work. “We were really strategic with when to highlight the fact that I came from both worlds,” Bennet said.

Persons: Jimmy O, Yang, Willis Wu, Charles Yu, — Yang, Chloe Bennet, Ronny Chieng —, Willis, ” Yang, “, “ We’re, ”, Fatty Choi, Fatty, ” Chieng, Mike Taing, Lana Lee, Bennet, ” Lee, Lana, ” Bennet, “ Lana, Charlie, Yu Organizations: Hulu, Chinatown Locations: “, Chinatown, America, Hulu

☆ Sen. Markwayne Mullin on Trump's cabinet picks and tariffs
▼ + stars: | 2024-11-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSen. Markwayne Mullin on Trump's cabinet picks and tariffsSen. Markwayne Mullin (R-Okla.) joins 'Squawk Box' to discuss Trump's priority of tariffs, the search for a Treasury Secretary, and much more.

Persons: Email Sen, Markwayne Mullin Organizations: Email, Sen

☆ What DOJ's focus on Google means for the tech company
▼ + stars: | 2024-11-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat DOJ's focus on Google means for the tech companyAneesh Chopra, former White House CTO under President Obama and Arcadia chief strategy officer, joins 'Squawk Box' to discuss the Department of Justice's aim at Google, what could change with the company's ad network, and much more.

Persons: Aneesh Chopra, Obama Organizations: White, Google Locations: Arcadia

☆ Markets will rally into year-end and potentially be strong next year too: Defiance ETFs' Jablonski
▼ + stars: | 2024-11-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets will rally into year-end and potentially be strong next year too: Defiance ETFs' JablonskiSylvia Jablonski, Defiance ETFs CIO and CEO, joins 'Squawk Box' to discuss the market's reaction to new reports out of Ukraine, the promises that won't be delivered from the Trump campaign, and Jablonski's thoughts on equity valuations.

Persons: Sylvia Jablonski, Trump Locations: Ukraine

☆ Roblox CEO on new safety updates following October Hindenburg report
▼ + stars: | 2024-11-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRoblox CEO on new safety updates following October Hindenburg reportDavid Baszucki, Roblox CEO, joins 'Squawk Box' to discuss the list of new safety products available for users, the chief executive's first reactions to the short report, and much more.

Persons: Hindenburg, David Baszucki

☆ Conclave: How realistic is the movie which lifts a lid on how a pope is elected?
▼ + stars: | 2024-11-19 | by ( Christopher Lamb | ) edition.cnn.com time to read: +7 min

CNN —This has been a blockbuster election year politically, so it’s fitting that a new movie shines a light on an ancient and highly secretive voting process: the selection of a new pope. Brían F. O'Byrne as Cardinal O'Malley (L) and Ralph Fiennes as Cardinal Lawrence (R) in the movie "Conclave." They cast them in the Sistine Chapel, in front of the awe-inspiring sight of Michelangelo’s “Last Judgment,” writing their choices on paper ballots that are then burnt after being counted. The crowd waiting outside is informed that a pope has been elected when the chimney above the Sistine Chapel billows out white smoke. White smoke emerged from the chimney on the Sistine Chapel when a new pope was elected on March 13, 2013.

Persons: ”, Edward Berger, Ralph Fiennes, Stanley Tucci, Isabella Rossellini, John Lithgow, Robert Harris, F, O'Byrne, Cardinal O'Malley, Cardinal Lawrence, Bishop Robert Barron, egotism, Fiennes ’, Pope Francis, Steven P, Millies, Bernardin, “, Joe Raedle, Harris, Cormac Murphy O’Connor, Peter Straughan, Tom Reese Organizations: CNN, Roman Catholic Church, Fire Catholic, Bernardin Center, Catholic Theological Union, Jesuit Locations: British, Central, Chicago, Washington ,

☆ I took a job at JP Morgan for the prestige. Quitting to travel changed the way I view success.
▼ + stars: | 2024-11-19 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +5 min

AdvertisementAshley Tan got a job at JP Morgan in Singapore after graduating from university. This as-told-to essay is based on a conversation with Ashley Tan, 29, who quit her job at JP Morgan Singapore to travel. After graduating from university, I went straight to work and took a role at JP Morgan for the company name. I joined JP Morgan because of it's prestigeI was hired by JP Morgan in December 2022 as an events and marketing analyst. It was scary, but I officially quit JP Morgan in March because I knew I'd regret it if I didn't take the risk.

Persons: Ashley Tan, Tan, It's, I've, JP Morgan, Morgan, I'd, it's, it'll, I'm, what's, you've, Tess Martinelli Organizations: Morgan, JP Morgan, JP, Singapore Locations: Singapore, JP Morgan Singapore, Bali, Europe, Australia, tmartinelli

☆ Doubts mount over Britain’s ambitious growth plans — with warnings of further tax rises possible
▼ + stars: | 2024-11-19 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

A higher economic growth rate could theoretically boost the government's tax take without the need to raise taxes further, because overall revenues would be higher. The OBR now expects U.K. real GDP growth of 1.1% in 2024, followed by expansion of 2% in 2025, before falling to 1.5%. The Labour government did not immediately respond to CNBC's request for comment on further possible tax changes. 'Desperate' growth ratesThe U.K. economy barely grew in the third quarter, eking out a less-than-expected 0.1% expansion, data from the Office for National Statistics showed Friday. We've had 1% growth, or around 1% growth now since the Financial Crisis.

Persons: Rachel Reeves, James Smith, CNBC's, John Grieve, Reeves, Gieve, —, Labour's, ING's Smith, We've Organizations: Treasury, Getty, Labour, Finance, ING, of, CNBC, National Insurance, Office, National Statistics, Gross Locations: London, England

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