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CNN —More than 80 people have been killed in Israeli strikes in Lebanon and northern Gaza since late Saturday, according to reports. A man walks on rubble near damaged buildings, in the aftermath of Israeli strikes on Beirut's southern suburbs, during a Hezbollah media tour on November 9, 2024. Separately in northern Gaza, at least 41 people died when Israeli strikes hit two homes early on Sunday morning, according to the director general of the Ministry of Health in the enclave. International NGO Save the Children said in a post on X that parents, children and grandchildren were among those killed in Israeli strikes on the Jabalya residence. Dawoud Abu Alkas/ReutersPalestinians check the rubble of the Alloush family's house, levelled in an Israeli strike in Jabalya in the northern Gaza Strip on Sunday.

Persons: Simon Abi Ramia, Israel, Mohamed Azakir, Nael Chahine, NNA, Deir Qanoun, Tair Harfa, ”, Muneer Alboursh, Hossam Abu Safiya, Kamal Adwan, ” Safiya, Alboursh, Dawoud Abu Alkas, Omar Al, Biden Organizations: CNN, National News Agency, Lebanon’s Health Ministry, Rissala Scouts Association, Israel Defense Forces, IDF, Sunday, Ministry of Health, NGO, Kamal, Getty, Health Locations: Lebanon, Gaza, Almat, Debaal, Tyre, Khiam, Beirut, AFP, Deir, Hanawaih, Majdal, Baalbek ., “, Jabalya, Gaza City, Al, Ahli, United States, Israel

☆ Northern Gaza at imminent risk of famine, WHO says
▼ + stars: | 2024-11-09 | by ( Freddie Clayton | Freddie Clayton Is A Freelance Journalist Based In London. | ) www.nbcnews.com time to read: +6 min

Northern Gaza is at risk of imminent famine, the World Health Organization said on Friday, as Israel continues its bombardment across Gaza amid threats by the Biden administration to limit military assistance to Israel if it did not allow more humanitarian aid into the enclave. It also said that 713 aid trucks were brought into northern Gaza since the beginning of October. A Palestinian man carries a child injured in an Israeli strike on the Jabalia refugee camp in the northern Gaza on Thursday. Tens of thousands of people have fled northern Gaza to nearby Gaza City in the latest wave of displacement within the besieged territory. A Palestinian child fleeing Beit Lahia in northern Gaza on Tuesday, walks down Salah al-Din road toward Gaza City.

Persons: Biden, Joe Biden, Donald Trump’s, Israel, Benjamin Netanyahu, Trump, Israel's, ”, Netanyahu, EYAD BABA, Scott Paul, Matthew Miller, Fawaz, Itzik Cohen, Beit, Salah al, OMAR AL, Giora Eiland Organizations: World Health Organization, Israel, Getty, WHO, Israel Defense Forces, International Rescue, UNRWA, United Nations, Oxfam America, NBC News, ”, State, London School of Economics, United Nations Human Rights Office, AFP, IDF, NBC News ’, Sky News, Israeli National Security Council Locations: Northern Gaza, Israel, Gaza, Palestinian, AFP, NBC News ’ British, Gaza City, Beit Lahia, OMAR

☆ Billions were bet on election odds using online markets
▼ + stars: | 2024-11-09 | by ( Bruna Horvath | Bruna Horvath Is An Intern On Nbc News' Tech Team. | ) www.nbcnews.com time to read: +3 min

Election betting platforms brought in billions of dollars as users around the world wagered on who would win Tuesday’s U.S. presidential election, according to an NBC News analysis of betting platforms. Michigan and Georgia followed close behind, and the rest of the swing states were all in the top 15 states with the highest trading volume. On both Polymarket and Kalshi, bets on swing states alone made up around half of the total trading volume on state outcomes. One Polymarket bettor, who identified himself as “Théo” in an interview with The Washington Post, had bet over $28 million on Trump winning the presidential election using multiple betting accounts. “Théo” had put money down on all the swing states, according to Polymarket’s analytics.

Persons: Donald Trump, Kamala Harris, Eric Zitzewitz, “ There’s, Will, ” Zitzewitz, bettor, “, Théo ”, Polymarket, Shayne Coplan, “ Théo, Zitzewitz Organizations: U.S, NBC, Dartmouth University, Republicans, Alabama, Democrats, California, Washington Post, Trump, Futures Trading Commission, Bloomberg Locations: Pennsylvania, Kalshi . Michigan, Georgia, U.S, America

☆ The youngest member of Goldman's 2024 partner class takes us inside his big day, from his call with President John Waldron to celebrating with his boss
▼ + stars: | 2024-11-09 | by ( Reed Alexander | ) www.businessinsider.com time to read: +6 min

Feroz Khosla, part of Goldman Sachs' financing group, was named a Goldman partner on Thursday. AdvertisementFeroz Khosla was seated at his desk at Goldman Sachs' lower Manhattan headquarters when the call came in. AdvertisementGoldman Sachs partners comprise the firm's highest-ranking executives outside the C-Suite, responsible for units representing billions of dollars in business. At one point, someone leaned over and said to Khosla's wife: "Welcome to the family," he said. "Goldman Sachs was the first family that I really had when I left India," he said, adding: "Frankly, it's the only jersey I want to wear."

Persons: Feroz Khosla, Goldman Sachs, Goldman, Khosla, —, John Waldron, Waldron, He's, David Solomon, Michael Kovac Champagne toasts, Manhattan . Khosla, Vivek Bantwal, Bantwal, he'd, Lucy, Reed Alexander Organizations: Service, Manhattan ., Education Locations: Manhattan, India, America

☆ Ancient DNA reveals surprises about bodies found together in Pompeii
▼ + stars: | 2024-11-09 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

Over time, Pompeii was forgotten, and it wasn’t until centuries later that excavations unearthed evidence of the tragic event. Archaeological Park of PompeiiAncient DNA sequenced from bone fragments preserved within the plaster casts at the Pompeii site has upended some long-held assumptions about bodies found together. Other worldsAstronomers have been searching the Kuiper Belt on the edge of our solar system for a hidden ninth planet for more than a decade. CNN/Adobe StockFor years, astronomers have searched the edge of our solar system for evidence of an unseen world called Planet Nine. They find wonder in planets beyond our solar system and discoveries from the ancient world.

Persons: Giuseppe Fiorelli, “, ” Aaron Fowler, Lady Chenet, embalmers, Ashley Strickland, Katie Hunt, Jackie Wattles Organizations: CNN, Australian Broadcasting Corp . Local, Chicago’s Field, Adobe, NASA, CNN Space, Science Locations: Beach, Denmark, Western Australia, Antarctica, Colombia, Poland

☆ Australia wants to ban kids under 16 from social media as world governments seek to crack down on the 'addictive' apps
▼ + stars: | 2024-11-09 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +5 min

Australia plans to ban social media for users under 16, Prime Minister Anthony Albanese said. AdvertisementWith young people using social media more than ever, and those social media companies perfecting the algorithms that keep them engaged, concerns about social media addiction are taking root all over the world. Now, Australia wants to ban social media for everyone under 16. Australia's social media ban will be introduced into Parliament during its final session this year, which begins on November 18. If passed, social media companies will have 12 months to figure out how to keep minors off their apps before the law is enforced, he said.

Persons: Anthony Albanese, —, " Albanese, Albanese, Jackie Hallan, Hallan, they're, Antigone Davis, Davis Organizations: Service, Australian, TikTok, Guardian, Reuters, Associated Press Locations: Australia, United States, Kentucky

☆ Piper Sandler says Trump will usher in a wave of mainstream crypto adoption — so buy these stocks
▼ + stars: | 2024-11-09 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

"Its monetized crypto offering is significantly more robust than traditional retail brokerage peers, with over 15 tokens available to trade," the analyst wrote of Robinhood. Still, Moley's $30 price target on Robinhood is only a fraction above where the stock closed Thursday. Moley's $250 price target implies that CME stock could add another 13% over the next 12 months. Moley's $35 price target is nearly 5% higher than where the stock closed on Thursday. Shares of Cboe have added 12% this year, trailing the broader market, and Moley's $220 price target implies an additional 9% upside.

Persons: Trump, Piper Sandler, Cryptocurrency, bitcoin, Patrick Moley, Moley, HOOD Organizations: CME Group, CME, BTC, ETH, Virtu, Derivatives, Clearing Locations: U.S

☆ China has increased military flights near Taiwan by 300%, U.S. general says
▼ + stars: | 2024-11-08 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Courtney-Kube-Circle-Byline-Template.Jpg | Courtney Kube | ) www.nbcnews.com time to read: +7 min

The Chinese military has increased its provocative flights around Taiwan by 300% over the last five months, according to the commander of the U.S. Air Forces in the Indo-Pacific Command. In an exclusive interview with NBC News, Gen. Kevin Schneider warned that People’s Liberation Air Force activities have increased dramatically since Taiwan’s new president was inaugurated in May. Schneider noted that the Chinese Air Force has maintained the increased activity level since Lai Ching-te was sworn in on May 20. Chinese President Xi Jinping has said that he intends to unify Taiwan with mainland China and has steadily ramped up military pressure on democratically governed Taiwan. Trump has not committed to defending Taiwan during a Chinese military invasion.

Persons: Kevin Schneider, ”, Schneider, Lai Ching, te, Lai, Liu Pengyu, “, William Lai, Daniel Ceng, Will Trump, Xi Jinping, Xi, William Burns, Donald Trump’s, Trump, Joe Biden’s, they’d, Biden, Feng Hao, Gen Organizations: U.S . Air Forces, Pacific Command, NBC News, Liberation Air Force, Taiwan’s Ministry of National Defense, Chinese Air Force, Embassy, Washington , D.C, Taiwan, Getty, CIA, Bloomberg Businessweek, U.S, Theater Command, PLA, Anadolu, Trump, United States Locations: Taiwan, China, Beijing, Washington ,, Japan, South Korea, Hawaii, Alaska, Guam, Taoyuan, Anadolu, U.S, “ Taiwan, Washington

☆ Former CIA officials worry Trump could politicize and weaponize intelligence agencies
▼ + stars: | 2024-11-08 | by ( Dan De Luce | Dan De Luce Is A Reporter For The Nbc News Investigative Unit. | ) www.nbcnews.com time to read: +11 min

Yet Durham found that no senior FBI or CIA officials had committed crimes. Former intelligence officials disagree on whether Trump would seek to use the spy agencies against domestic political opponents, and if he did, how the intelligence workforce and courts would respond. Presidents face few legal constraints when it comes to their authority over the intelligence agencies, legal experts and former senior officials said. Supporters of Trump say dire warnings about the future of the intelligence agencies under a new Trump administration are hysterical and overblown, and that his record at the White House shows that he strengthened the spy agencies. “And the other is the risk that the intelligence agencies will be directed to do things that are either unlawful or inappropriate.”

Persons: Donald Trump, Kash Patel, MAGA, Gina Haspel, Patel, Trump, Marc Short, Mike Pence, Mike Pompeo, Dan Coats, ”, José Luis Villegas, ” Trump’s, Joe Biden, Brian Hughes, Justice Department —, Vladimir Putin, “, ” Trump, Putin, Devin Nunes, John Ratcliffe, Robert O’Brien, Sen, Marco Rubio, Robert Mueller's, Hillary Clinton, Bill Barr, John Durham, Durham, Steve Bannon, ” Bannon, Nixon, Chip Somodevilla, Trump’s, Glenn Gerstell, ” “, Robert Litt, ” Litt Organizations: Lawmakers, CIA, Justice Department, White House National Security Council, NBC News, “, Texas, FBI, Trump, DOJ, Democratic National Committee, Trump White House, Washington , D.C, National Security Agency, White House, National Intelligence, NBC Locations: Minden, Nev, Russian, Moscow, Helsinki, Devin Nunes of California, Russia, Vietnam, Washington ,, ”, Virginia

☆ Nissan shares plunge over 10% after downbeat quarterly results, production-cut plans
▼ + stars: | 2024-11-08 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +2 min

The Nissan ARIYA on the EV test track at the New York International Auto Show on March 28, 2024. Nissan released its second-quarter results ended September on Thursday, which showed that it recorded a 9.3 billion yen (about $62 million) net loss, a reversal from the 190.7 billion yen net profit it made in the same quarter last year. Operating profit in the second quarter plunged almost 85% year-on-year to 31.9 billion yen, while revenue dropped 5% to 2.99 trillion yen. Nissan also sharply lowered its full-year outlook, cutting its revenue projection to 12.7 trillion yen from 14 trillion yen, while also reducing its operating profit forecast to 150 billion yen from 500 billion yen. It aims to reduce fixed costs by 300 billion yen and variable costs by 100 billion yen, compared to its 2024 financial year.

Persons: Makoto Uchida Organizations: Nissan, New York

☆ Top German business leader recalls his days working with Trump: 'His administration was extremely receptive'
▼ + stars: | 2024-11-08 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +2 min

It's still uncertain what Donald Trump's second presidency will look like, but his first administration was highly responsive to business issues with a set way of operating, top German business executive Joe Kaeser told CNBC. "If I personally, for my company at the time, had an issue to resolve, his administration was extremely receptive," the chairman of the supervisory board of Siemens Energy said in an interview with CNBC's Annette Weisbach Thursday. Kaeser was Siemens' CEO throughout President-elect Trump's first term. Trump did "a lot of things which helped the economy" during his first four years in office, Kaeser said, noting that he believed the president-elect's tax cuts at the time were a positive. One study done at the time, however, showed that the Trump tax cuts, which were implemented in 2017, only had a limited contribution to the strong U.S. growth the following year.

Persons: It's, Donald Trump's, Joe Kaeser, CNBC's Annette Weisbach, Kaeser, Trump's, Trump Organizations: CNBC, Siemens Energy, Siemens, Trump Locations: New York

☆ This software stock is well-positioned to benefit from Trump's agenda, trader says
▼ + stars: | 2024-11-08 | by ( Tony Zhang | ) www.cnbc.com time to read: +4 min

A pro-business agenda, regulatory flexibility, and potential tax incentives under his administration could once again set the stage for technology stocks to outperform. Adobe (ADBE) , a leader in AI-enhanced creative solutions, is particularly well-positioned to capitalize on this environment. With its superior growth rates and operational margins that set it apart from peers, Adobe's valuation presents a compelling entry point amid strong fundamentals and a supportive administration. This signals that sellers are starting to get exhausted and presents an opportunity for buyers to start stepping in for a strong counter-trend rally. To capitalize on a potential rally in Adobe, consider buying the December 20, 2024, $500/550 Call Vertical @ $18.05 Debit.

Persons: Donald Trump's, ADBE Organizations: Adobe, Digital Media, CNBC, NBC UNIVERSAL

☆ Toyota says California-led EV mandates are 'impossible' as states fall short of goal
▼ + stars: | 2024-11-08 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

A sign is displayed outside a Toyota Motor Corp. dealership on Jan. 30, 2024 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images News | Getty ImagesDETROIT — Toyota Motor sounded the alarm Friday that California-led electric vehicle mandates that are set to start next year are "impossible" to meet and, if they're not changed, will lead to less customer choice in several states. Battery-electric, fuel cell and, to an extent, plug-in hybrid electric vehicles qualify as zero emission under the regulations. At this point, it looks impossible," Jack Hollis, chief operating officer of Toyota Motor North America, said during a virtual media roundtable Friday. Several automotive insiders previously told CNBC that the EV mandate issue needed to be addressed regardless of who won election this year.

Persons: Tomohiro Ohsumi, they're, ZEV, Battery, Jack Hollis, Power, Hollis Organizations: Toyota Motor Corp, Getty, DETROIT, Toyota, California Air, Toyota Motor North, California Air Resources, D.C, CNBC Locations: Tokyo, Japan, California, Toyota Motor North America, Washington, Colorado, New York, New Mexico, Rhode

☆ How Samsung fell behind in the AI boom leading to a $126 billion wipeout
▼ + stars: | 2024-11-08 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +3 min

But the South Korea electronics giant has now fallen behind its long-time rival SK Hynix in next-generation chips that have been key component for AI silicon leader Nvidia . For years, Samsung was the undeniable leader in this technology, ahead of South Korean rival SK Hynix and U.S. competitor Micron . SK Hynix saw this opportunity. SK Hynix posted record quarterly operating profit in the September quarter. "It is fair to say that Samsung has not been able to close the gap with SK Hynix on the HBM development roadmap," Morningstar's Ito said.

Persons: SeongJoon Cho, HBM, Kazunori Ito, Brady Wang, Morningstar's Ito Organizations: Samsung Electronics Co, Bloomberg, Getty, Samsung Electronics, SK Hynix, Nvidia, Samsung, Micron, Morningstar, CNBC, U.S, Counterpoint Research, South Locations: Seoul, South Korea, South Korean, HBM

☆ Amy Coney Barrett: Meet the last best hope for Supreme Court liberals
▼ + stars: | 2024-11-08 | by ( Joan Biskupic | ) edition.cnn.com time to read: +19 min

CNN —Supreme Court Justice Amy Coney Barrett stands apart. And that is why Barrett has become the best hope for what remains of the liberal wing, particularly after Trump’s election victory. As Trump returns to the White House, the Supreme Court may be even more positioned to check the balance of powers. Nonetheless, progressives have few options, and an uncertain horizon, and cannot help but imbue Barrett with hope. “As Justice Barrett said…,” is a common Kagan refrain, too.

Persons: Amy Coney Barrett, Donald Trump’s, Barrett, Trump, imbue Barrett, Sandra Day O’Connor, Reagan, Anthony Kennedy, Sonia Sotomayor, Elena Kagan, Ketanji Brown Jackson, Barrett homed, Sotomayor, …, Kagan, Kagan interjected, “, Richard Glossip, Brett Kavanaugh, Thomas, Roberts, Kavanaugh, Adam Feldman, Jake Truscott, Republican centrists O’Connor, Kennedy, Lewis Powell, Ruth Bader Ginsburg, Dobbs, Antonin Scalia, Scalia’s, Scalia, Jesse, Warren Burger, Clarence Thomas, Samuel Alito, Neil Gorsuch, they’ve, Gorsuch, ” Barrett, Jackson, Alito, ” Alito, Biden, Justice Roberts, CNN Kagan, Barrett’s, Roe, Wade, ‘, ’ Barrett, Adrian Zackheim, Justice Barrett, ” Zackheim, Sentinel publicists, Sen, Mitch McConnell, McConnell, Barack Obama’s, Merrick Garland, Ginsburg Organizations: CNN, Republican, White, Republicans, Representatives, Notre Dame, Trump, Democratic, Glossip, Jackson, Health Organization, New York, Association, Harvard, ., Biden, Capitol, of Education, Ronald Reagan, Sentinel, Penguin Random, Wall Street, University of Louisville McConnell Center Locations: America, Oklahoma, ”, . United States, New Orleans, Washington, Haiti, Idaho, California, Louisville

☆ Here are Friday's biggest analyst calls: Nvidia, Apple, Home Depot, Domino's, Wingstop, Warby Parker, Rivian, Bank of America & more
▼ + stars: | 2024-11-08 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Jefferies reiterates Nvidia and Marvell as buy The firm says the two chipmakers still have the most upside. Citi upgrades Bank of America to buy from neutral Citi says the bank could be a beneficiary of lighter regulation. Bank of America downgrades Rivian to neutral from buy Bank of America said it sees regulatory risk under a Trump administration. Bank of America upgrades Teledyne Technologies to buy from neutral The firm says it sees upside ahead for the industrial conglomerate. Goldman Sachs upgrades Wingstop to buy from neutral The firm says the wings restaurant has "best-in-class" growth.

Persons: William Blair, Warby Parker, Bernstein, Apple, Lowe's, Jefferies, Goldman Sachs, Sweetgreen, Goldman, outperformance, it's bullish, BNTX, Oppenheimer, Piper Sandler, Wells, Airbnb, Gross, Trump, TDY Organizations: Apple, Apple Intelligence, Nvidia, Marvell, Enterprise, JPMorgan, China EV, Catalyst, Holdings, Barclays downgrades, Body, Citi, U.S, Deutsche Bank, UBS, Molson Coors, OW, Bank of America, Trump Administration, " Bank of America, Teledyne Technologies Locations: AVGO, 4Q24, DPZ, UW

☆ Markets just had their best week all year
▼ + stars: | 2024-11-08 | by ( John Towfighi | ) edition.cnn.com time to read: +4 min

New York CNN —US stocks closed at record highs on Friday, notching their best week all year after Donald Trump’s victory in the US presidential election. Both the S&P and the Dow had their best week in a year. Investors are responding to how Trump’s victory might transform the business landscape in the US. Markets had a milestone week as investors adjusted to Trump’s victory and started to evaluate the policies touted by his campaign, such as his proposal to lower the corporate tax rate. Markets move based on investor sentiment, and the historic gains this week are not certain to last.

Persons: Donald Trump’s, Dow, ”, Michael Block, Trump, Keith Lerner, Lerner, ” Lerner, Elon Musk’s Tesla, Bitcoin, Hogan, … Organizations: New, New York CNN, Nasdaq, US, Treasury, Markets, Dow, Advisory, Federal Reserve, Trump, Trump Media & Technology, GEO, America PAC, JPMorgan, Riley Wealth Management Locations: New York

☆ Sony raises guidance on gaming strength, quarterly operating profit beats estimates
▼ + stars: | 2024-11-08 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

The Japanese tech giant revised its fiscal 2025 revenue target up slightly to 12.7 trillion yen. Sony also expects full-year operating profit of 1.3 trillion yen, in line with its previous forecast. That came as Sony saw strength in its game and network services division, which houses its popular PlayStation home console brand. Game and network services revenue at the company came in at 1 trillion yen, up 12% year over year. Sony's gaming division has held up well thanks to a shift to digital game purchases and the PlayStation Plus subscription service.

Persons: — Organizations: Sony, PlayStation, Nintendo, VI

☆ Nissan stock slumps after it announces 9,000 job cuts and a plan to slash production
▼ + stars: | 2024-11-08 | by ( ) edition.cnn.com time to read: +2 min

Nissan Motor shares slumped 6% in Tokyo trade Friday, a day after the Japanese automaker said it would cut 9,000 jobs and a fifth of its manufacturing capacity as it struggles with sales in China and the United States. It said restructuring would cut costs by 400 billion yen ($2.61 billion) in the financial year to the end of March. Nissan is also challenged in the US where it lacks a line-up of hybrids just as that vehicle type is in strong demand. On Friday, Japan’s Minister of Economy, Trade and Industry Yoji Muto declined to comment to reporters when asked his views on potential government support for Nissan. “The company released its mid-term plan this spring, but in the end there was no meaning to that.

Persons: Japan’s, Makoto Uchida, Carlos Ghosn, Industry Yoji Muto, Seiji Sugiura, ” Sugiura, Nissan’s Organizations: Nissan Motor, Nissan, Renault, Japan’s, Economy, Trade, Industry, Tokai Tokyo Intelligence Laboratory Locations: Tokyo, China, United States

☆ Don't expect Treasury yields to come down significantly anytime soon, says Ned Davis Research
▼ + stars: | 2024-11-08 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Treasury yields have ripped higher of late, even as the Federal Reserve continues to cut rates. The benchmark 10-year Treasury note yield has soared nearly 70 basis points to 4.3% since mid-September, when the Fed cut rates by a half-point. Despite the Fed's latest action, the incoming Trump administration is likely to keep yields elevated, according to Ned Davis Research. Dimitrova noted that rising debt-to-GDP ratio has been closely linked with higher bond yields. The question for investors now is: How long until higher yields start putting pressure on equities?

Persons: Trump, Ned Davis, Veneta, Dimitrova, Goldman Sachs, BNTX Organizations: Federal Reserve, Ned Davis Research

☆ Correction: Sony reports 73% jump in operating profit, beating expectations
▼ + stars: | 2024-11-08 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

The Japanese tech giant revised its fiscal year 2025 revenue target up slightly to 12.7 trillion yen. Sony also expects full-year operating profit of 1.3 trillion yen, in line with its previous forecast. That came as Sony saw strength in its game and network services division, which houses its popular PlayStation home console brand. Game and network services revenue at the company came in at 1 trillion yen, up 11% year-over-year. Correction: This story has been updated to reflect that operating income jumped 73% year-over-year in the September quarter.

Persons: — Organizations: Sony, PlayStation, Nintendo, VI

☆ Microsoft added AI to software it has barely touched since 1985. The results are astonishing
▼ + stars: | 2024-11-08 | by ( John Towfighi | ) edition.cnn.com time to read: +4 min

Microsoft — like its Big Tech competitors — is introducing AI to its consumer products, from virtual chatbot assistants to notetaking and editing tools. In October, Microsoft introduced a sweeping update to its Copilot virtual assistant in an effort to make it more useful and user-friendly, CEO of Microsoft AI Mustafa Suleyman previously told CNN. Microsoft users will also see AI features in Notepad, Microsoft’s writing platform, allowing them to use the new technology to help rewrite or edit sentences. For example, users can type a sentence, and then prompt the AI tool to rewrite the sentence or modify its tone or length. Apple’s “Writing Tools,” an editing tool, is similar to Microsoft’s AI features in Notepad.

Persons: Picasso, OpenAI’s Dall, it’s, Dave Grochocki, Mark Zuckerberg, ” Zuckerberg, Mustafa Suleyman Organizations: CNN, Microsoft, Big Tech, —, Windows, OpenAI, Facebook, Apple Locations: Europe, Notepad

☆ Trump's golf courses greeted his win with a mixture of celebration and quiet
▼ + stars: | 2024-11-07 | by ( Hannah Abraham | Mikhaila Friel | ) www.businessinsider.com time to read: +2 min

Donald Trump owns 16 golf courses across three continents, mostly with vibrant social-media presences. AdvertisementAt President-elect Donald Trump's golf courses, his election posed a dilemma: Embrace the connection, or stay quiet? International courses in Dubai and Indonesia also kept quiet, as did the US courses in Los Angeles County and Hudson Valley, New York. But his victory does put a spotlight back on Trump's business empire, where companies could use the connections as a selling point or try to function like a business without a famous owner. Reuters estimated earlier this year that Trump's golf and resort business is the biggest driver of the Trump Organization's cash flow.

Persons: Donald Trump, —, Donald Trump's, Trump, Doonbeg Organizations: Trump, Service, Ireland, Trump International, Reuters Locations: Bedminster , New Jersey, Doral , Florida, Scotland, Turnberry, Dubai, Indonesia, Los Angeles County, Hudson Valley , New York

☆ Affirm beats on top and bottom lines
▼ + stars: | 2024-11-07 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +3 min

Affirm , the provider of buy now, pay later loans reported better-than-expected fiscal first-quarter results. Revenue less transaction costs (RLTC) came in at $285 million, ahead of earlier guidance of $265 million to $280 million. Affirm said it expects to achieve profitability on a GAAP basis in its fiscal fourth quarter of 2025. Affirm is guiding to GMV in the range of $9.35 billion to $9.75 billion. In June, Affirm and Apple announced plans for U.S. Apple Pay users on iPhones and iPads to be able to apply for loans directly through Affirm.

Persons: Max Levchin, StreetAccount, Kevin Kennedy, Kennedy, —, Robert Hum Organizations: Revenue, Apple, U.S Locations: LSEG

☆ Ariana Grande says she's planning a career shift
▼ + stars: | 2024-11-07 | by ( Erin Liam | ) www.businessinsider.com time to read: +5 min

Ariana Grande opened up about her career plan for the next 10 years. While she said she's "always going to do pop stuff," she plans to focus more on her acting career. AdvertisementAriana Grande returned to her acting roots as Glinda in "Wicked" —and plans to continue on that path. Related Video Ulta Beauty's CMO says the brand's most effective influencers are its store associates"I think I love acting, I love musical theater. If you're planning your next career move, "It's important not to spend every minute asking yourself whether you've made the right decision," he said.

Persons: Ariana Grande, she's, —, Bowen Yang, Matt Roger's, I'm, pinky, Grande, Cat Valentine, Nickelodeon's, Sam, Justin Hill, Rochelle Davidson, Lexi Reese, Dan Shapero, you've Organizations: Service, Broadway, Grande, Business Insider, Google Locations: Sydney

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