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Opening Bell: November 19, 2024
  + 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 EmailOpening Bell: November 19, 2024Watch the opening bell for the New York Stock Exchange and the Nasdaq from November 19, 2024.
Organizations: New York Stock Exchange, Nasdaq
Interchange fees, also known as swipe fees, are paid from a merchant's bank account to the cardholder's bank, whenever a customer uses a credit card in a retail purchase. "In 2023 alone, Visa and Mastercard charged merchants more than $100 billion in credit card fees, mostly in the form of interchange fees," Durbin told the committee. Visa and Mastercard, however, stand by their swipe fees. But the current high credit card swipe fees for retailers translate to higher prices for consumers, the National Retail Federation told the committee in a letter ahead of the hearing. "Last year, the average American spent $1,100 in swipe fees, more than they spent on pets, coffee or alcohol."
Persons: Bill Sheedy, Linda Kirkpatrick, Democratic Illinois Sen, Dick Durbin, Durbin, Republican Kansas Sen, Roger Marshall, Ryan McInerney, Sheedy, Americas Linda Kirkpatrick, Dodd, Frank, Roger Alford, General Merrick Garland Organizations: Visa, Americas, Mastercard, Committee, Democratic Illinois, Republican Kansas, Credit, National Retail Federation, Notre Dame University Locations: Washington ,
Tuesday, November 19, 2024: Cramer on how geopolitical tensions could bolster this cybersecurity stockJim and Jeff discuss the the potential tailwinds for this cybersecurity stock. They also talk about the positive moves for this energy stock. Finally, they break down the latest news from this semiconductor stock.
Persons: Cramer, Jeff
Autonomous driving technology company WeRide has plenty of room to grow as a result of its early-mover advantage in the global self-driving market, according to Morgan Stanley, which brought the firm public in an IPO last month at $15.50 a share . Morgan Stanley estimates the global autonomous driving market size will jump to $1.745 trillion in 2030 from $93 billion in 2025. "WeRide is a pure play in global L4+ autonomous driving," Hsiao wrote in a 38-page report on Tuesday note. Level 4 autonomous driving describes when a vehicle can drive in most circumstances without a human driver, one step below the top-most Level 5 designation for a fully automated vehicle . To be sure, the threat of tighter regulation on driverless vehicles is a downside risk for the stock, and Morgan Stanley forecasts WeRide's earnings and cash flow will remain "volatile" in the near term, Hsiao noted.
Persons: Morgan Stanley, Tim Hsiao, WeRide, Uber, Hsiao, — CNBC's Michael Bloom Organizations: WeRide Locations: Guangzhou, China, U.S, UAE, Singapore
The best Walmart Black Friday deals are often available the week of Thanksgiving, but some enticing savings opportunities are available now. We've rounded up some of the best deals currently available at Walmart across home, kitchen, tech, and more. Make sure to check out our guide to the best early Black Friday deals. Best early Walmart Black Friday home and kitchen dealsThe best early Black Friday home and kitchen deals at Walmart feature products from Ninja, Dyson, Keurig, and more. View at WalmartBest early Walmart Black Friday tech dealsWalmart's best early Black Friday tech deals include everything from TVs to headphones to smartwatches to gaming consoles.
Persons: We're, Apple AirPods, Dyson, Keurig, it's Organizations: Business, Walmart, Dyson, LG, Best, Walmart Best, Apple, Samsung, iPad, Walmart Samsung Galaxy Watch, Galaxy, Walmart Apple
The Pre-Market Rundown: November 19, 2024
  + 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 EmailNews Update – Pre-MarketsCNBC brings you fast, accurate, and actionable business news and market updates.
Organizations: CNBC
CNBC TechCheck Evening Edition: November 19, 2024
  + 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 EmailCNBC TechCheck Evening Edition: November 19, 2024CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.
Persons: TechCheck Organizations: CNBC Locations: San Francisco
They were initially 50/50 about having children; now, they're sure they want to remain childless. On my first date with my husband, Rohan, we discussed whether we wanted kids. Seeing our friends have kids changed our decisionPrior to this relationship, I'd been engaged when I was 19 to a man I knew wanted kids. AdvertisementWith my now-husband, seeing our friends have kids and how that looked for them changed our minds about having kids. AdvertisementThere are benefits to not having kids, but friendships have changedWe already feel the benefits of not having children.
Persons: Jasmine Parasram, They've, Rohan, neurodivergent, I've, I'd, We'd, , We've, we've, We're, who've, it's Locations: Melbourne, Australia
The Late Morning Rundown: November 19, 2024
  + 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 EmailNews Update – Late MorningCNBC brings you fast, accurate, and actionable business news and market updates.
Organizations: CNBC
Minutes before her death, Riley called and texted her mother to see if she wanted to catch up. 9:24 a.m.: Riley’s mother called her daughter back, but Riley didn’t answer. 9:37 a.m.: Riley’s mother texted her daughter: “Call me when you can.”9:51 a.m.: Riley’s mother called her daughter again. 9:58 a.m.: Riley’s mother texted her daughter: “You’re making me nervous not answering while you’re out running. 11:47 a.m.: Riley’s mother texted her daughter: “Please call me, I’m worried sick about you.”12:07 p.m.: Riley’s mother called her daughter again.
Persons: Allyson Phillips, Jose Ibarra’s, Phillips, John, Jason Riley, Riley’s, Riley, Phillips sobbed, Riley “, , , Ibarra, Ashley Hinkle, ” Hinkle, Joshua Epps, ” Epps, ” “, Epps, Sophie Raboud, Riley didn’t, I’m, asphyxiated, Michelle DiMarco, Asphyxia, DiMarco, asphyxia Riley, ” DiMarco, CNN’s Maxime Tamsett, Dawn Sawyer, Rebekah Riess, Eric Levenson, Sara Smart Organizations: Georgia CNN, University of Georgia’s, UGA, Augusta University’s College of Nursing, of Investigation, Georgia Bureau of Investigation Locations: Athens, Georgia, Venezuela, University of Georgia’s Oconee Forest, Ibarra , Georgia, Lake Herrick
The airline announced a “first-of-its-kind partnership” with Shake Shack to serve the chain’s cheeseburgers in first class on long-distance domestic flights beginning December 1 on flights out of Delta’s hub in Boston and expanding to other cities throughout 2025. For example, Alaska Airlines created a hot coffee that tastes better in the skies, while United Airlines added cold brew coffee from Illy. Delta has served a generic cheeseburger in first class over the past few years to mostly positive reviews online. And it’s not the first airline to partner with a burger chain — United Airlines once served McDonald’s Happy Meals in the 1990s. The partnership between Delta and Shake Shack marks an expansion of the airline’s relationship with celebrated chef Danny Meyer, who founded the burger brand in 2004.
Persons: we’re, , Stephanie Laster, Danny Meyer Organizations: New, New York CNN — Delta Air Lines, Alaska Airlines, United, Delta, CNN, Airlines, Square Hospitality Locations: New York, Boston, United Airlines, Illy, Delta
Market Open: November 19, 2024
  + 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 EmailNews Update – Market OpenCNBC brings you fast, accurate, and actionable business news and market updates.
Organizations: CNBC
AdvertisementTrump's felony hush-money sentencing had been scheduled for November 26. Trump's election and SCOTUS-bestowed immunity have thrown a giant monkey wrench in the schedule. Prosecutors have said they'll tell the judge how they wish to move forward by Tuesday, November 19. Whether President-elect Donald Trump will ever get sentenced on his now six-month-old hush-money conviction could become clearer as early as Tuesday, when prosecutors are scheduled to announce — at least to the judge — how they wish to proceed with the case. Since his decisive victory on Election Day, Trump's November 26 sentencing date has remained on hold indefinitely.
Persons: SCOTUS, Donald Trump, Trump, hampers, Juan Merchan, Merchan, Matthew Colangelo, Attorney Alvin Bragg, Colangelo, Stormy Daniels Organizations: Prosecutors, New, Attorney, Trump, New York City Locations: Manhattan, New York
CNN —Victims and family members of those killed in the 2022 mass shooting at the LGBTQIA+ Club Q in Colorado Springs have sued the El Paso County Board of Commissioners and others, alleging authorities could have prevented the shooting if they had enforced the state’s “red flag law” against the gunman. One was filed by the families of the dead victims and five victims themselves – a second was filed by Barrett Hudson, who sustained seven gunshot wounds. “The shooter had a history of violent threats and behavior that clearly warranted intervention,” the suits say. The suits allege that, despite the shooter’s “history of violent threats and behavior that clearly warranted prevention … El Paso County law enforcement failed to invoke the Red Flag Law, in light of policies against its use.”In 2019, a year before the law came into effect, the Board of El Paso County Commissioners approved a resolution to designate the county a so-called Second Amendment Sanctuary. CNN reached out to El Paso County, the El Paso County Sheriff’s Office, Elder and Club Q for comment.
Persons: Barrett Hudson, , El Paso County Sheriff Bill Elder, “ We’re, Elder, , KMGH, Daniel Aston, Raymond Green Vance, Kelly Loving, Ashley Paugh, Derrick Rump, Anderson Lee Aldrich Organizations: CNN, El, Court, Flag Law, of El, El Paso County Sheriff, Club Q, Q, Elder Locations: Colorado Springs, El Paso County, of El Paso County
Investors may soon be forced to take on more risk and rethink their diversification strategies due to macroeconomic uncertainties. And that presents challenges for those who follow the traditional balance of 60% stocks to 40% bonds as a diversifier, he added. "Momentum has really been driving equities higher across the board, especially with respect to large-cap growth names," Adams said. The study found that stocks, bonds, and options strategies could have more correlated risk than is evident on the surface. "So value stocks are about the here-and-now, growth stocks are about the hereafter."
Persons: Goldman Sachs, Jon Adams, Adams, Jimmy Chang, Donald Trump, Chang, Nikolai Roussanov, David Kelly, you've, Kelly Organizations: Calamos Wealth, Treasury, Rockefeller, Family, Wharton School, Morgan Asset Management
CNN —A René Magritte painting depicting an eerily lit streetscape sold for more than $121 million at a Christie’s auction in New York on Tuesday –– surpassing its $95 million estimate and smashing the auction record for the Surrealist artist’s work. The auction also featured paintings by other modern giants like Ed Ruscha and Max Ernst. The painting sold for a record sum at a Christie's auction in New York. Two other Magritte works were included in the sale: The paintings “La cour d’amour” and “La Mémoire,” which sold for $10.53 million and $3.68 million, respectively. He produced a total of 17 oil paintings and 10 gouaches (water-based paintings) that all share the name “L’empire des lumières” –– and each with small alternations between versions.
Persons: Magritte, Mica Ertegun’s, Ed Ruscha, Max Ernst, , Max Carter, ” Carter, David Hockney, , Claude Monet, Vincent van Gogh, Peggy Guggenheim, Sandra Zalman, Zalman, ” “, ” Zalman Organizations: CNN, Century, Art Basel, Venice Biennale, University of Houston Locations: New York, British, Hong Kong, Belgian
Future growth will have to come from Blackwell, its next-generation chip that has just started shipping to end-users such as Microsoft , Google and OpenAI. More important than Nvidia's third-quarter results will be what the company says about demand for the Blackwell chip. In August, Nvidia said it expected about "several billion" in Blackwell sales during the January quarter. Nvidia reported 122% growth in sales in the most-recent quarter. That was lower than the 262% year-over-year growth it reported in the April quarter and the 265% growth in the January quarter.
Persons: Jensen Huang, Frank Lee, Lee, Blackwell, Raymond James, Srini Pajjuri, ChatGPT, LSEG, Huang Organizations: Nvidia, HSBC, Microsoft, Google, Blackwell, Nintendo Locations: Vilhelm, Kastrup, Denmark, NVDA
Kansas City Chiefs (9-1)Last week: 1Sunday: Lost 30-21 to Buffalo BillsSeat temperature check: GoldThat’s not a typo that should read cold. John Harbaugh is the second-longest tenured NFL head coach, but he just fell to 15-21 in head-to-head matchups against the longest-tenured one (Pittsburgh’s Mike Tomlin). Up next: ByeLast week: 16Sunday: ByeSeat temperature check: RoomTodd Bowles has won two division titles in the last two years. Carolina Panthers (3-7)Last week: 27Sunday: ByeSeat temperature check: CoolNobody’s really on solid ground when David Tepper is running the show. With new minority owner Tom Brady in the building, it seems unlikely majority owner Mark Davis will stand pat with Pierce as head coach.
Persons: Doug Pederson, Matt Eberflus, We’ve, Dan Campbell, Carlton Davis, Sean McDermott, McDermott, Sando’s, Andy Reid’s, Reid, Don Shula, Watt, Barry Reeger, Mike Tomlin, Nick Sirianni, Sirianni, Jim Harbaugh, Jordan Love, Matt, hasn’t, Kevin O’Connell, O’Connell, Kirk Cousins, Brian Flores, 9QaYv6wJSV — Phil Mackey 🎙, ike, ike T omlin), eason, ean, enver, ayton, ake, alf, eno, mith, ike M, ince, enver B, alcons’, hird, orst, ailey, rey, hase, , ike P etraglia, ike M cDaniel, ade, ennis, assing, obert, ong, aron, odgers-, hough, ames, rian D, orth, avis, s., roncos,, ittsburgh, rian C allahan, ike V, aguars Organizations: NFL, Detroit Lions, Beat Jacksonville Jaguars, Lions, Jaguars, Detroit, Patriots, Indianapolis Colts, Beat Kansas, Bills, Super, Chiefs, Kansas City, AFC, Steelers, Kansas City Chiefs, Buffalo Bills, Carolina Panthers, Sunday’s, Ravens, Beat Baltimore Ravens, Pittsburgh, Cleveland Browns, Los Angeles Rams, Beat Chicago Bears, Packers, San Francisco 49ers, Beat Tennessee Titans, Chicago Bears, ust, ards, G M:, ashington, FC, mong, yle, hampionship, ats, ets, eff, ard Locations: Detroit, Buffalo, Kansas, Pittsburgh, Philadelphia, ards
The two-stage megarocket — which features the Starship spacecraft stacked atop the Super Heavy booster — will attempt liftoff during a 30-minute window that opens at 5 p.m. If the test flight team deems conditions are favorable for a landing attempt, booster touchdown should occur about seven minutes after launch. Joe Skipper/ReutersThe Starship spacecraft, meanwhile, will fire up its own six engines before entering a coasting phase as it soars through space. During the fourth integrated Starship test flight in early June, the spacecraft endured significant damage. “In 2025, SpaceX plans to undertake a long-duration flight test and a propellant transfer flight test,” according to a recent report from NASA’s Office of the Inspector General, or OIG.
Persons: CNN —, Sergio Flores, “ chopsticks, , , Elon Musk, SpaceX's, Joe Skipper, ” Musk, Artemis III Organizations: CNN, SpaceX, Super, Federal Aviation Administration, FAA, Getty, Starship, NASA’s Locations: Brownsville , Texas, Starbase, AFP
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Tuesday's full episode of Mad Money with Jim Cramer — November 19, 2024"Mad Money" host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.
Persons: Jim Cramer —, Jim Cramer
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch Tuesday's full episode of the Halftime Report — November 19, 2024"Fast Money Halftime Report" is on the front lines of CNBC's market coverage. Host CNBC's Scott Wapner and the Street's top investors get to the heart of the action as it's happening and help set the agenda for the rest of the day. Watch today's full episode on CNBC PRO.
Persons: CNBC's Scott Wapner Organizations: CNBC PRO
European markets are expected to open higher on Tuesday, with investors keeping an eye on data releases and earnings reports. The U.K.'s FTSE 100 index is slated to open 39 points higher at 8,144, Germany's DAX up 53 points at 19,227, France's CAC 24 points higher at 7,298 and Italy's FTSE MIB up 115 points at 34,002, according to data from IG. Earnings will be coming in from Imperial Brands and Thyssenkrupp , while a finalized euro zone inflation reading for October is also due during the session. Regional markets closed lower on Monday, with investors turning their attention to regional inflation data and to Nvidia earnings due Stateside on Wednesday. Overnight, Asia-Pacific markets traded mostly higher, as investors parsed the speech of Chinese financial policymakers at an investment summit in Hong Kong.
Persons: Germany's DAX Organizations: CAC, IG, Imperial Brands, Nvidia Locations: Asia, Pacific, Hong Kong . U.S
CNN —President-elect Donald Trump has picked Dr. Mehmet Oz to serve as the administrator for the Centers for Medicare and Medicaid Services. Oz, a cardiothoracic surgeon and television personality, ran unsuccessfully for Senate in 2022 in Pennsylvania with Trump’s backing. In 2018, Trump appointed Oz to the Presidential Council on Sports, Fitness and Nutrition, reappointing him to the position in 2020. Oz rose to fame as a frequent guest of Oprah Winfrey, eventually launching his own syndicated daytime TV talk show in 2009. Through “The Dr. Oz Show,” which won several daytime Emmy awards and reached millions of viewers, Oz became one of the most well-known doctors in the country.
Persons: Donald Trump, Mehmet Oz, Oz, ” Trump, Sen, John Fetterman, Trump, Oprah Winfrey, CNN’s KFile, ” Oz, Oliver Darcy Organizations: CNN, Centers, Medicare, Services, Senate, Democratic, Presidential Council, Sports, GOP, Seattle Times, Columbia University Locations: America, Pennsylvania, Covid
Kennedy will likely have some influence over who the president-elect chooses for those roles, health policy experts said. Ultimately, Kennedy's influence over immunization policy could lead to an increase in diseases preventable by vaccines, several health policy experts told CNBC. Investors are already bracing for a crackdown on food policy, with shares of processed food companies, such as Pepsi and Coca-Cola , falling on Friday. Seigerman said "there is little precedent in recent history for HHS policy dictating or affecting FDA regulation or approval of drugs." In 2023, pharmaceutical companies spent nearly $3 billion on advertising for the 10 most promoted drugs.
Persons: Robert F, Kennedy Jr, Thomas Machowicz, Donald Trump, Kennedy, Trump, trifecta, Spokespeople, Brandon Guerrero, Christina House, Gostin, Josh Michaud, Lawrence Gostin, Michaud, he's, Genevieve Kanter, Kanter, Covid, Richard Frank, Frank, Evan Seigerman, Seigerman, Dave Latshaw, Latshaw, Drugmakers, Joe Biden's, Amy Campbell Organizations: Reuters, Department of Health, Human Services, Republican, HHS, Affordable, Food and Drug Administration, Centers for Disease Control, National Institutes of Health, Centers, Medicare, Services, CNBC, CVS, Los Angeles Times, Getty, Health Defense, NBC News, FDA, NPR, Georgetown University, CDC, Vaccines, Children, Kennedy, NIH, University of Southern, Brookings Schaeffer Initiative, Health, pharma, RFK, BMO Capital, Pepsi, Trump, University of Illinois Chicago School of Law Locations: Phoenix , Arizona, U.S, Compton, Huntington Park, Kennedy ., University of Southern California
Since moving to Paris, I've worn a tinted base (sometimes mixed with moisturizer) on my face five times a month at the most. AdvertisementOne of the first things I noticed in Paris was how little makeup most French women wear. AdvertisementI've learned to embrace natural browsFilling my thin, blonde eyebrows with a pencil was part of my makeup routine in the US. AdvertisementI believe my skincare routine has completely improved my complexion, as my face seems plumper, more radiant, and brighter. I hardly ever wear a set of false lashesFalse lashes aren't part of my going-out makeup routine anymore.
Persons: I've, American who's, Amanda Rollins I've, you'd, Iuliia Pilipeichenko, La Roche, I'm Organizations: Maxx Locations: Boston, Paris, American, France, mascara, NUXE Paris
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