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☆ Cans of ‘fresh air’ from Lake Como on sale to tourists in Italy
▼ + stars: | 2024-11-04 | by ( Issy Ronald | ) edition.cnn.com time to read: +3 min

But now, communications company ItalyComunica says it has bottled the very air of Italy’s picturesque Lake Como and is selling these cans for €9.90 ($11) apiece. courtesy Italycomunica srlMore than 5.6 million people visited Lake Como in 2023, and the numbers are consistently growing, according to the Lombardy tourism bureau. In an attempt to capitalize on the visitor numbers, marketing specialist Davide Abagnale originally created an e-commerce site selling Lake Como posters, after seeing so many posters of San Francisco and Los Angeles on his honeymoon in 2022. “It’s a novel idea, but not for everyone,” he told CNN. Tourists can also buy cans of air in Iceland, while a Canadian company saw its sales boom in 2015 when hundreds of Chinese customers began buying its canned air.

Persons: – George, Amal Clooney, Gucci ”, srl, Davide Abagnale, ItalyComunica, “ It’s, ” Abagnale, Alessandro Rapinese, wouldn’t, “, ”, Chiara Piscitelli, Abagnale Organizations: CNN, “, Como Locations: Lake Como, Lombardy, San Francisco, Los Angeles, Como, Naples, England, Scotland, Wales, Northern Ireland, Iceland, Canadian

☆ Paralyzed by Choice: the Golden Age of Online Shopping Is Over
▼ + stars: | 2024-11-04 | by ( Emilie Friedlander | ) www.businessinsider.com time to read: +13 min

Online shopping, which the US Census Bureau estimates accounts for roughly 16% of all retail sales, theoretically makes it easier to find exactly what we are looking for. AdvertisementThe golden age of comparison shopping isn't so golden after all. Ursu has studied two factors in shopping: search costs and search fatigue. Ursu guessed that the most exhausting stage of shopping is comparison shopping — when people pore over minuscule details between products to find the best one. Related storiesIf people abandon their shopping carts because they get overwhelmed by search fatigue, it can come back to bite retailers.

Persons: We'd, It's, Barry Schwartz, Jason Goldberg, Publicis, they've, Marsh, Samantha Kleinberg, you've, moisturizer, New York University's Leonard N, Ursu, Qianyun Zhang, Elisabeth Honka, lockdowns, Lauren Ralph Lauren, Goldberg, Rufus Organizations: Ikea, Amazon, Accenture, Swarthmore College, Walmart, Shoppers, Lehigh University, Stevens Institute of Technology, Cognitive, New York, Stern School of Business, Google Locations: New, Netherlands, Wayfair

☆ China's Singles Day shopping festival is more than halfway over. Here's how consumers are spending
▼ + stars: | 2024-11-04 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

China's e-commerce giants stopped reporting Singles Day GMV in 2022 during the pandemic. Singles Day GMV this year as of Oct. 30 was 845 billion yuan ($119.1 billion), according to research firm Syntun. Subsidies boost appliancesHelping boost sales this Singles Day are China's subsidies for trade-ins of home appliances, launched in late July. They predict 4% to 5% growth in Singles Day GMV, with sales in the home appliance category supported by the trade-in program. "Something that kind of came out of nowhere, into all of a sudden really, really big numbers."

Persons: Alibaba, Jacob Cooke, JD's, ByteDance's Douyin, Cooke, Louis Vuitton, we've, UOB Kay Hian, JD.com, Dave Xie, Oliver Wyman, Xie, There's, Liang, Chiikawa, Taobao, Tmall Organizations: Visual China, Getty, Alibaba, Technologies, CNBC, Louis Locations: Lianyungang, Jiangsu Province, China, BEIJING, Asia, Alibaba, British

☆ Cramer's favorite stock of earnings season so far gets new props from analysts
▼ + stars: | 2024-11-04 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

The news Morgan Stanley raised its Amazon price target Monday to $230 per share from $210 — implying 16% upside to Friday's close. Morgan Stanley expects Amazon's shipping and fulfillment cost per package to decrease about 3% each year from 2023 to 2026, reaching $6.51 by 2026. Bottom line Jim Cramer wrote in his Sunday column that Amazon is the "best stock so far" of this earnings season, citing skill execution across all of its businesses. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Morgan Stanley, D.A, Davidson, Jim Cramer, Jim Cramer's, Jim, David Paul Morris Organizations: Amazon, Web Services, CNBC, Bloomberg, Getty Locations: San Francisco

☆ Marqeta shares plunge more than 30% on big forecast miss
▼ + stars: | 2024-11-04 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +2 min

Marqeta shares tumbled more than 30% in extended trading on Monday after the company issued weaker-than-expected guidance for the fourth quarter. The payment processing firm said revenue in the fourth quarter will increase 10% to 12% from a year earlier. Marqeta, which primarily functions as a card-issuing platform, attributed the guidance miss to "heightened scrutiny of the banking environment and specific customer program changes." Total processing volume of $74 billion was up more than 30% from a year earlier. The company has been trying to break into the buy now, pay later business with a recently launched product called Marqeta Flex.

Persons: it's, Simon Khalaf Organizations: LSEG, Analysts, Mastercard, Visa, CNBC Locations: Las Vegas, BNPL

☆ China's Premier Li Qiang to speak at import expo in Shanghai
▼ + stars: | 2024-11-03 | by ( ) www.cnbc.com time to read: +1 min

Li Qiang, China's premier, delivers a special address on the opening day of the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. China's Premier Li Qiang will deliver remarks at the opening ceremony of this week's China International Import Expo, the Chinese commerce ministry said on Sunday, as Beijing seeks to show the faltering economy is open for business. Leaders from Malaysia, Uzbekistan, Slovakia, Kazakhstan, Mongolia and Serbia are among those expected for the opening ceremony and other events at the seventh import expo, which runs from Tuesday to Saturday in Shanghai, the foreign ministry said. Launched by President Xi Jinping in 2018, the expo this year is an opportunity to showcase China's opening up and reform agenda, as the world's second-largest economy faces growing global trade barriers and domestic challenges. The European Union plans to send representatives to the country soon for more negotiations regarding price commitments in their ongoing EV tariff dispute.

Persons: Li Qiang, Xi Jinping Organizations: Economic, China, European Union Locations: Davos, Switzerland, China, Beijing, Malaysia, Uzbekistan, Slovakia, Kazakhstan, Mongolia, Serbia, Shanghai, United States, Europe

☆ Stocks to play China's shopping festival — even if consumers spend less
▼ + stars: | 2024-11-03 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

As China's biggest shopping festival of the year gets underway, analysts are starting to favor Chinese logistics companies as a way to play the online shopping trend. The JPMorgan report initiated coverage of U.S.-listed ZTO Express , which the analysts said is China's largest express parcel player with more than 20% of the market. ZTO YTD mountain ZTO Express shares in the U.S. in 2024. Morgan Stanley is less bullish, rating J & T equal-weight while citing competitive risks in China and potential challenges in Southeast Asia. "Cuts on overseas profitability outlook has weakened our investment thesis," the Morgan Stanley analysts said.

Persons: JD.com, Morgan Stanley, ZTO, Morgan Stanley's, Nomura, Jet Li, Li, Michael Bloom Organizations: JPMorgan, YTO Express, STO Express, Yunda, T Global Express Ltd, ZTO's, ZTO Express, J, T Global Express, HK, Nomura, Hong Kong, Hong, CNBC Locations: Hong Kong, U.S, China, Southeast Asia, T Global Express Hong Kong

All that aside, let us show you everything you need to know about where to watch a free Brazil F1 live stream wherever you are in the world. Where to watch a free Brazil F1 live streamThis weekend's simplest option for a free Brazil GP live stream is using a VPN to tune into one of the free streams mentioned above. How to watch free Brazil F1 live streams with a VPNSign up for a VPN if you don't have one. How to watch Brazil F1 live stream in the USESPN is covering the remaining Formula 1 races this season, but ESPN+ and ABC also have a few, including this week's Brazil GP. Check price at FuboHow to watch Brazil F1 live stream in the UKWant a free option?

Persons: you'll, ExpressVPN, it's, FuboTV, There's Organizations: Business, New York, ESPN, ABC, ESPN2, AWST, DirecTV, MLB, NHL, NFL, UFC, Hulu, Disney Plus, ESPN Sling, DirecTV Stream, Sky Sports, Sky, Premier League Locations: Brazil, ORF1, Austria, Belgium, TV's

Vice President Kamala Harris tore into Speaker Mike Johnson, R-La., on Saturday for his comment that Republicans might seek to repeal the CHIPS and Science Act if they take control of Congress in the upcoming election. Now to get rid of the CHIPS Act,” Harris added. When asked whether Republicans will seek to repeal the CHIPS Act if they win the election, Johnson replied, “I expect that we probably will,” according to a video posted by a local journalist. “The CHIPS Act is hugely impactful here,” Williams said, vowing to “remind” Johnson “night and day” about the importance of the law. His only mistake was being honest.”The CHIPS Act passed Congress on a bipartisan basis and was signed into law by President Joe Biden in 2022.

Persons: Kamala Harris, Mike Johnson, “, ” Harris, Donald, ”, —, we’ve, Andrew Harnik, Johnson, Brandon Williams, Williams, ” Williams, ” Johnson, Evan Vucci, Harris, it’s, Trump, Ian Sams, Chuck Schumer, ” Arizona Democratic Sen, Mark Kelly’s, Jacob Peters, Joe Biden Organizations: Affordable, Micron, NY, Green New, Democrat, Republican, ”, ” Arizona Democratic, Commerce Department Locations: Milwaukee, New York, PA, MI, NC, ” Arizona

☆ 4 retail stocks that look good even if the holiday shopping season is soft
▼ + stars: | 2024-11-02 | by ( Paulina Likos | ) www.cnbc.com time to read: +7 min

The holiday shopping season is upon us, and our retail stocks are well-positioned to thrive, according to Wall Street research firm Telsey Advisory Group. Telsey Advisory expects value-seeking to be a key theme among shoppers this year, which puts companies with reputations for good deals on solid ground. Overall, the firm expects holiday retail sales up between 3% to 3.5% this year, compared with 4.6% growth last year and a 5.4% increase in 2022. Costco has had a good year so far, and that should continue in the final months of 2024, Telsey Advisory argued. Big picture Telsey Advisory selecting these four Club stocks as preferred names this holiday season reflects their competitive chops within their respective categories.

Persons: Dana Telsey, Milton, we've, Jim Cramer's, Jim Cramer, Jim, Thomas Trutschel Organizations: Telsey Advisory, Costco, TJX Companies, Telsey, Walmart, CNBC, National Retail Federation, Hurricanes, U.S, Amazon Prime, Photothek, Getty

☆ China eases rules for foreign investment in listed companies
▼ + stars: | 2024-11-02 | by ( ) www.cnbc.com time to read: 1 min

Statues of bulls in Pudong's Lujiazui Financial District in Shanghai, China, on Monday, Oct. 21, 2024. China issued revised regulations on Friday for foreign investors in its listed companies, expanding eligibility criteria and easing financial requirements in a bid to attract more foreign investment. Under the new regulations, China will allow foreign individuals to invest strategically in listed companies, the Ministry of Commerce said in a statement. The asset threshold for non-controlling foreign investors has been lowered, now requiring $50 million instead of $100 million. The country will also add tender offer as an approved investment method, along with private placement and negotiated transfer, the statement said.

Organizations: Ministry of Commerce Locations: Lujiazui, Shanghai, China

The fee turned up in September 2019, after Trump placed 25% tariffs on steel, and hasn’t gone away since. So far, the tariffs in force under both White Houses have cost Americans $79 billion, the nonpartisan Tax Foundation estimated this summer. The nation’s roughly 33 million small businesses employ nearly half the nation’s workers and generate more than 43% of the gross domestic product, the U.S. Chamber of Commerce estimates. “Whether we like it or not, Asia is the bike manufacturing hub of the world,” said Zagata, who raised prices by between 18% and 22% after the Trump tariffs took hold. San Diego-based entrepreneur Nichole MacDonald said profit margins for her patented, 10-pocket Sash Bag have been thinning in recent years as material and freight costs have jumped, and tariffs aren’t helping.

Persons: Donald Trump, Chris Smith, Trump, hasn’t, Smith, ”, Biden, —, who’ve, Erica York, Julia Demaree Nikhinson, they’re, Jonathan Gold, Gold, “ they’ve, Ryan Zagata, Zagata, he’d, Felix Tintelnot, Trump’s, ” Trump, Brian Hughes, Nichole MacDonald Organizations: Virginia Beer Co, Constellation Brands, Corona, Trump, Foundation, Tax, National Retail Federation, U.S . Chamber, Commerce, Brooklyn Bicycle Co, GOP, Duke University, “ Locations: Williamsburg , Virginia, U.S, China, Modelo, Mexico, New York City, Asia, York, Germany, Diego, India

☆ Gwyneth Paltrow's Goop undergoes second round of layoffs in two months
▼ + stars: | 2024-11-01 | by ( Madeline Berg | ) www.businessinsider.com time to read: +4 min

Gwyneth Paltrow's lifestyle brand Goop conducted another round of layoffs, Business Insider learned. AdvertisementGwyneth Paltrow's Goop has conducted its second round of layoffs in as many months, Business Insider has learned. Goop Beauty revenue is up 21% over last year, and G. Label revenue is up 45%, she said. Earlier this year, the company hired consultants from a company called WestView to streamline business, the company told BI. These include in-house clothing brand G. Label, beauty lines Goop Beauty and Good Clean Goop, and delivery-only Goop Kitchen restaurants.

Persons: Gwyneth Paltrow's, —, Gwyneth Paltrow's Goop, Goop, Lauren Johnston, Gwyneth Paltrow, Paltrow, WWD, Felix Capital, you've, I've, It's Organizations: Business, Service, NEA, Lightspeed Venture Partners, Forbes, Netflix Locations: WestView

☆ Here are Friday's biggest analyst calls: Nvidia, Apple, Amazon, Berkshire Hathaway, Intel, Datadog, Uber & more
▼ + stars: | 2024-11-01 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Citi reiterates Amazon as buy Citi said the e-commerce giant has "multiple catalysts for growth" following earnings on Thursday. Gordon Haskett upgrades Uber to buy from hold The firm said investors should buy the dip in Uber following earnings on Thursday. Goldman Sachs initiates Penguin Solutions as buy Goldman called Penguin a "high performance hardware solutions for enterprise AI at an attractive valuation." Wells Fargo downgrades Estee Lauder to equal weight from overweight Wells downgraded the stock following a disappointing earnings report on Thursday. KeyBanc upgrades Atlassian to overweight from sector weight KeyBanc upgraded the software company following earnings.

Persons: Goldman Sachs, Gordon Haskett, Goldman, Wells, Estee Lauder, it'll, Atlassian, Kinder Morgan, Morgan Stanley, Arista, Datadog, it's, CFRA, Berkshire Hathaway, Jefferies Organizations: Apple, Apple Intelligence, Citi, Amazon, Penguin Solutions, Penguin, Suncor Energy, " Bank of America, Nvidia, Artificial, TAM, Bank of America, UBS, Intel, Mizuho, IDA, Energy Locations: Asia

☆ Losing GPS could cost billions, so the Space Force is having companies like Astranis build a backup network
▼ + stars: | 2024-11-01 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

Pentagon leaders believe those losses are a conservative estimate, leading the U.S. Space Force to kick off a roughly $2 billion satellite program known as the Resilient Global Positioning System. Called R-GPS for short, the program is intended to provide an alternative, backup network for the current satellite system. Last month, the branch awarded four companies with contracts for R-GPS design concepts: Astranis, Axient, L3 Harris and Sierra Space. The R-GPS planSpace Force used a novel Pentagon funding authority, called "Quick Start," to get the R-GPS program going. A rendering of a Nexus satellite in orbit.

Persons: Justin Deifel, Deifel, Harris, We've, John Gedmark, Astranis, Gedmark, they've, … We've Organizations: U.S . Air Force, GPS, Commerce Department, Pentagon, U.S . Space Force, Force's, Systems Command, CNBC, Space Force, Sierra Space, U.S, Department of Defense, Force, of Defense Locations: U.S, Russia, China, Sierra

☆ Stocks making the biggest moves midday: Intel, Amazon, Boeing, Chevron and more
▼ + stars: | 2024-11-01 | by ( Pia Singh | In | ) www.cnbc.com time to read: +4 min

The company posted earnings of $1.88 per share, excluding items, on revenue of $52.28 billion. Analysts polled by FactSet called for adjusted earnings per share of $1.62 on revenue of $50.90 billion. Intel — Shares popped 9% after the chipmaker topped third-quarter earnings estimates and shared upbeat quarterly guidance. The company posted adjusted earnings of 17 cents per share on $13.28 billion in revenue. Chevron also returned a record of more than $7 billion to shareholders in the quarter through buybacks and dividends.

Persons: Health —, Cardinal, FactSet, Atlassian, Donald Trump, Ernst, Ernst & Young, Avis, —, Alex Harring, Brian Evans, Michelle Fox Theobald, Sean Conlon, Samantha Subin Organizations: Health, Boeing —, Intel, Amazon, Web Services, Apple —, Trump Media & Technology Group, Communications, Abbott Laboratories, Abbott, Ernst &, Avis Budget, LSEG, Chevron Locations: Europe, buybacks

☆ Here's what Wall Street analysts are saying after Amazon's third-quarter earnings
▼ + stars: | 2024-11-01 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Wall Street analysts think Amazon is only at the beginning of a new era of growth. Here's what analysts at some of the biggest shops on Wall Street are saying about Amazon's latest earnings report. His $250 per share price target implies more than 34% upside from Thursday's close. "Another margin upside surprise supports our retail margin efficiency upside thesis, while AWS is still in the early innings of a big AI cycle and is investing accordingly," Post said. The analyst also increased his 2025 full-year earnings per share forecast by roughly 4%.

Persons: Doug Anmuth, Anmuth, Justin Post, Lee Horowitz, " Horowitz, Ronald Josey's, Josey Organizations: Web Services, JPMorgan, Bank of America, Deutsche Bank, Citi

☆ These are the most overbought stocks as November kicks off
▼ + stars: | 2024-11-01 | by ( Pia Singh | In | ) www.cnbc.com time to read: +4 min

Investors have been accumulating shares of several big-name companies, from GE Vernova to United Airlines , during the market's recent dip. But those and other overbought stocks could be due for a pullback, according to one popular yardstick. Strong earnings from tech giants Amazon and Intel late Thursday were partly responsible for equity gains on Friday, as investors still look to megacap tech stocks for leadership. CNBC Pro screened for stocks that are considered technically overbought on the basis of their 14-day relative strength index, or RSI. Companies with a 14-day RSI above 70 are often regarded as overbought, signaling a pullback may be ahead, while a 14-day RSI below 30 often suggests a stock is oversold and could see future upside.

Persons: Nicole DeBlase, DeBlase, FactSet, Estée Lauder, Dr Pepper Organizations: GE Vernova, United Airlines, Dow, Nasdaq, Amazon, Intel, CNBC Pro, Companies, GE, FactSet, Electric, Deutsche Bank, Pharmaceuticals, eBay Locations: United, U.S, Chicago, China

☆ CNBC Daily Open: For Big Tech, beating earnings expectations is not enough
▼ + stars: | 2024-11-01 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The 12-month inflation rate was 2.1%. The core inflation rate, which excludes food and energy prices, came in at 2.7%. Big Tech drags down marketsMajor U.S. indexes slumped on Thursday, weighed down heavily by losses in Big Tech shares.

Persons: Dow Jones, Europe's, Jesse Pound Organizations: CNBC, U.S . Commerce Department, Big Tech, U.S, Apple, Amazon, Boeing, Bank of America Locations: U.S, Cupertino

☆ Amazon shares jump 7%, approach record after earnings beat
▼ + stars: | 2024-11-01 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +3 min

Amazon shares jumped 7% on Friday and neared an all-time high after the company reported better-than-expected earnings, driven by growth in its cloud computing and advertising businesses. Revenue increased 11% in the quarter to $158.9 billion, topping the $157.2 billion estimate of analysts surveyed by LSEG. Sales in the Amazon Web Services cloud business increased 19% to $27.4 billion, coming in just shy of analysts' estimates, according to StreetAccount. That was an acceleration from 12% a year ago, but trailed growth at rivals Microsoft and Google , where cloud revenue increased 33% and 35%, respectively. The midpoint of that range, $185 billion, fell short of the average analyst estimate of $186.2 billion, according to LSEG.

Persons: Roth MKM, Brian Olsavsky, Andy Jassy, Jassy, we're, — CNBC's Ari Levy Organizations: Amazon, Revenue, LSEG, Services, Microsoft, Google, Nvidia, Meta

☆ Wall Street kicks off historically strong month after wild October
▼ + stars: | 2024-11-01 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The S & P 500 fell 1% in October, snapping a five-month advance. Now, Wall Street is coming into what has historically proven a strong month for stocks — which could push stocks to new heights. A CNBC analysis of FactSet data showed November has been the second-strongest month for the S & P 500 going back 10 years. Going back 20 years, the S & P 500 averages a 2.2% increase in November. Elsewhere on Wall Street this morning, analysts reacted to the latest quarterly earnings reports from megacaps Apple and Amazon .

Persons: Kamala Harris, Donald Trump, Goldman Sachs, Michael Ng, Doug Anmuth, Anmuth Organizations: Dow Jones Industrial, Nasdaq, Federal Reserve, CNBC, U.S, NBC, Apple Locations: U.S

☆ After six years of tariffs, small-business owners aren't eager for more
▼ + stars: | 2024-11-01 | by ( Alexandra Byrne | ) www.cnbc.com time to read: +9 min

The fee turned up in September 2019, after Trump placed 25% tariffs on steel, and hasn't gone away since. Small-business owners have already been facing tariffs on billions of dollars of goods, most of them from China, implemented by Trump in 2018. So far, the tariffs in force under both White Houses have cost Americans $79 billion, the nonpartisan Tax Foundation estimated this summer. The nation's roughly 33 million small businesses employ nearly half the nation's workers and generate more than 43% of the gross domestic product, the U.S. Chamber of Commerce estimates. "Whether we like it or not, Asia is the bike manufacturing hub of the world," said Zagata, who raised prices by between 18% and 22% after the Trump tariffs took hold.

Persons: Donald Trump, Chris Smith, Trump, hasn't, Smith, Biden, —, who've, Erica York, they're, Jonathan Gold, Gold, they've, Ryan Zagata, Zagata, he'd, Felix Tintelnot, Trump's, Brian Hughes, Nichole MacDonald, MacDonald, Kamala Harris, it's, Sara Hauman, isn't, doesn't Organizations: Albuquerque, Virginia Beer Co, Constellation Brands, Corona, Trump, Foundation, Tax, National Retail Federation, U.S . Chamber, Commerce, Brooklyn Bicycle Co, GOP, Duke University Locations: Albuquerque , New Mexico, Williamsburg , Virginia, U.S, China, Modelo, Mexico, New York City, Asia, York, Germany, Diego, India, America, Portland , Oregon, West Coast

☆ A millennial who decorates for Christmas early doesn't care some people think it's too soon. It brings her joy and peace.
▼ + stars: | 2024-11-01 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +5 min

Bolio — a 27-year-old stay-at-home mom and content creator from Fowler, California, near Fresno — began decorating for Christmas before October was even over. "A lot of the people who complain about it are those who love Halloween, so they don't want to see Christmas decorations," she said. "Retailers used to wait until Halloween had passed to put out the Christmas decor, now we're more likely to see Halloween and Christmas sections side-by-side," Canaves said. AdvertisementHer Christmas aesthetic isn't just red and greenBolio shops for decorations from At Home, HomeGoods, T.J. Maxx, and Michaels. Courtesy of Jessica BolioBolio plans to finish decorating the rest of her house for Christmas soon.

Persons: Jessica Bolio, Bolio, —, Mariah Carey, Fowler, that's, It's, Prosper, it's, Canaves, Michaels, Katherine, Jessica Bolio Bolio, she's Organizations: Service, National Retail Federation, Amazon, Retailers, Facebook, Katherine Center Locations: Fowler , California, Fresno, Bolio's

☆ Stocks making the biggest moves premarket: Amazon, Apple, Atlassian and more
▼ + stars: | 2024-11-01 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Apple — Shares dropped 1.6% even after the technology giant surpassed top-and-bottom line estimates for the recent quarter, and showed 6% revenue growth. Avis Budget — The car rental company slipped 1.5% after posting third-quarter earnings that fell short of Wall Street's estimates. Chevron topped Wall Street's third-quarter estimates and returned more than $7 billion to shareholders during the period through buybacks and dividends. Juniper Networks posted preliminary third-quarter earnings and revenue that topped estimates, but did not provide financial guidance for 2024, citing its pending acquisition by Hewlett Packard Enterprise . Revenue of $1.33 billion topped the FactSet estimate of $1.26 billion.

Persons: Atlassian, FactSet, Abbott, Ernst, Young, Wall, LSEG, —, Jesse Pound, Sean Conlon, Pia Singh, Sarah Min Organizations: Amazon Web Services, Apple —, Intel —, LSEG, Abbott, Boeing —, . Avis Budget, Chevron, Exxon Mobil —, Exxon, Juniper Networks, Hewlett Packard Enterprise Locations: Europe, Missouri

☆ In an all-hands, Intel CEO addresses employee concerns about the US election and CHIPS Act funding
▼ + stars: | 2024-11-01 | by ( Helen Li | ) www.businessinsider.com time to read: +4 min

An Intel employee raised concerns about the upcoming US election's impact on CHIPS Act funding. Intel invested billions in US factories but hasn't received CHIPS Act grants yet. AdvertisementIntel CEO Pat Gelsinger addressed an employee-submitted question about whether the upcoming US election would affect Intel's CHIPS and Science Act funding at an all-hands meeting on Friday. He also addressed the delay of CHIPS Act funding distribution. Government leaders are also monitoring the CHIPS Act funding delays.

Persons: hasn't, Dow Jones, —, Pat Gelsinger, Gelsinger, I've, Semafor, Mike DeWine, Stephen Ezell, Kamala Harris, Donald Trump, Dow, maniacally Organizations: Intel, Nvidia, Dow, Service, US Commerce Department, Bank, Bloomberg, Congress, Government, White, Information Technology, Innovation Foundation, Life Sciences, Dow Jones Locations: New Mexico , Arizona , Ohio, Oregon, Washington ,, Ohio, New Albany

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