ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailDavid Zervos, Jefferies, joins ‘Fast Money’ to talk his take on the stock market, the influence of the political backdrop, what is driving markets higher, and more.08:19Mon, Nov 10 20255:34 PM EST Source link
Author: usaeverydaylife
Sen. Richard Blumenthal (D-CT) speaks to reporters outside the Senate Chamber of the U.S. Capitol Building on Oct. 1, 2025 in Washington, DC.Andrew Harnik | Getty ImagesDemocratic senators on Monday blamed the White House push to fast track artificial intelligence data centers and its attacks on renewable energy for rising electricity prices in certain parts of the U.S.Sen. Richard Blumenthal of Connecticut, Sen. Bernie Sanders of Vermont and others demanded that the White House and Commerce Department detail what actions they have taken to shield consumers from the impact of massive data centers in a letter sent Monday.Voters are increasingly…
Senator Tim Kaine (D-VA) speaks at a press conference with other Senate Democrats who voted to restore government funding, in Washington, DC on November 9, 2025. Nathan Posner | Anadolu | Getty ImagesUpdate: The Senate on Monday night passed the deal, sending the funding bill to the House.Senate Democrats are poised to help Republicans pass a bill that could lead to the end of the government shutdown. But the deal they’re agreeing to doesn’t directly address what was once Democrats’ key demand: an extension of Affordable Care Act subsidies, which are due to expire by year’s end.The Senate took a major step toward…
Global stocks rallied Monday as the longest-ever U.S. government shutdown appeared to be drawing to an end.The U.S. senate has approved the first stage of a bipartisan deal which could bring an end to the shutdown. The deal would fund the government until Jan. 30th next year, and would potentially reverse some of the permanent layoffs of government employees that occurred during the 35-day impasse.Strategists said a potential end to the shutdown would offer a boost to investors after a week in which AI and tech stock jitters sent global equities into retreat.Speaking with CNBC’s “Europe Early Edition” on Monday,…
A Gulfstream G-IV private jet flies past clouds at sunset on approach to Washington’s Reagan National Airport on June 12, 2024, in Arlington, Virginia.J. David Ake | Getty ImagesThe Federal Aviation Administration on Monday will “effectively prohibit business aviation” at a dozen major U.S. airports, adding to flight restrictions for commercial airlines as air traffic controller shortages snarl travel in the government shutdown, a trade group said.Last week, the Trump administration ordered U.S. commercial airlines to cut their schedules to ease strains on air traffic controllers who are working without their regular paychecks in the shutdown. Government officials at first…
Instacart topped third-quarter earnings and issued upbeat guidance under new CEO Chris Rogers.The grocery delivery platform’s stock rose 1.6% on Monday.Here’s how the company did versus LSEG estimates:Earnings per share: 51 cents vs. 49 cents expectedRevenue: $939 million vs. $934 million expectedRevenue rose 10% from $852 million in the year-ago period. Gross transaction value, which tracks the value of goods sold, climbed 10% to $9.17 billion from $8.3 billion last year and surpassed a $9.11 billion estimate from FactSet.In his first letter to shareholders as CEO, Rogers said Instacart is focused on affordability and boosting its enterprise solutions. He referred…
Jakub Porzycki | Nurphoto | Getty Images Investors piled back into artificial intelligence names on Monday stateside. Shares of Nvidia jumped 5.8%, Broadcom advanced 2.6% and Microsoft climbed 1.9% to end its eight-day losing streak, its longest consecutive decline since 2011.Market watchers are hoping that another historically long streak — the U.S. government shutdown — could soon be snapped as well. As of this newsletter’s publication time, lawmakers in the U.S. Senate are voting on a deal to reopen the government, though it still has to pass through the House and then signed into law by President Donald Trump (who…
Warren Buffett laid out a plan to “step up” the pace of giving away his $149 billion estate to his children’s foundations, while still allowing for a short period that lets Berkshire Hathaway shareholders gain confidence in incoming CEO Greg Abel.Buffett, in a Thanksgiving letter that will become an annual tradition, said he needs to accelerate the disbursement of his Berkshire stock to his three children’s foundations because of their own advanced ages and that by doing so it will “improve the probability that they will dispose of what will essentially be my entire estate before alternate trustees replace them.”Abel,…
Paramount Global and Skydance logos are seen in this illustration taken December 17, 2024. Dado Ruvic | ReutersParamount Skydance said on Monday it expects $1 billion more in merger savings than it previously forecast as it outlines CEO David Ellison’s ambitions for the company.The update came in Paramount’s third-quarter earnings report — the company’s first since its merger closed in early August. Ellison has been investing heavily in streaming and content, including live sports rights, and paying for it in part with cuts to other parts of the business.Paramount on Monday announced a new round of layoffs, affecting roughly 1,600…
There are a number of companies that have the financial ability to start paying dividends to shareholders, according to Morgan Stanley. Those that do so have the potential to then generate outsized returns for investors, strategist Todd Castagno said in a recent note. The firm found that companies that initiate a regular, quarterly dividend outperformed the market by an average 650 basis points in the six months post announcement, and by an average 920 basis points 12 months afterwards. Dividends can also help stabilize portfolios during times of uncertainty and high valuations, Castagno wrote. “During times of higher risk and…
