Travis Kelce #87 of the Kansas City Chiefs looks on during warmups before the game against the Detroit Lions at Arrowhead Stadium on Oct. 12, 2025 in Kansas City, Missouri. Jamie Squire | Getty ImagesNFL star Travis Kelce is teaming up with activist investor Jana Partners in a bid to help reshape the future of Six Flags Entertainment Corp.Jana announced on Tuesday that it has partnered with Kelce, consumer executive Glenn Murphy and technology executive Dave Habiger in an investment group that now holds an economic interest of roughly 9% in the amusement park operator.Shares of Six Flags shot up…
Author: usaeverydaylife
Palantir has been eerily quiet since the August sell-off. I think the technicals and fundamentals are lining up for this AI leading company to break resistance and run towards $200 either just prior to, or following earnings on Nov. 3. Palantir, other hyper growth AI-buildout names, as well as the Nasdaq sold off quite sharply in August on concerns of extended valuations. Since then, the company has gone very quiet in both volatility and volume setting up a potential breakout. I’ve been trading in and out of Palantir in our ‘fast money’ managed account Active Opps (linked below), but just recently…
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) The broad market held Monday’s 1% pop, using another bout of rotation from recent winners toward less-crowded groups to hold the indexes at or just shy of record highs. It was a churning, low-momentum session, with the S & P 500 trading for a seventh day within the range left by the 2.7% drop on Oct. 10. But not unhealthy given the solid response to several earnings prompting a shift toward Old Economy names and out of some…
U.S. President Donald Trump gestures as he hosts a Rose Garden Club lunch at the White House in Washington, D.C., U.S., October 21, 2025. Kevin Lamarque | ReutersPresident Donald Trump has demanded that the Department of Justice pay him a whopping $230 million in compensation for its criminal investigations of him after his first term in the White House ended, The New York Times reported Tuesday.The Times noted that any potential settlement might have to be approved by people he has appointed during his second term.One of them, Deputy Attorney General Todd Blanche, previously represented Trump as a defense attorney…
Cheng Xin | Getty Images News | Getty ImagesDraftKings is acquiring predictions platform Railbird as it prepares to launch a mobile platform in the coming months to be called DraftKings Predictions.Railbird is licensed by the Commodity Futures Trading Commission to offer an event contracts exchange. DraftKings targeted the company for its team and proprietary technology. “We are excited about the additional opportunity that prediction markets could represent for our business,” DraftKings CEO Jason Robins said in a statement to CNBC. “We believe that Railbird’s team and platform—combined with DraftKings’ scale, trusted brand, and proven expertise in mobile-first products—positions us to win in…
Danaher shares soared on Tuesday after the supplier of tools and equipment to drugmakers and hospitals provided an upbeat initial forecast for growth next year. After an extended stretch of sluggishness, investors were happy to look past third-quarter results and current-quarter guidance that were solid, not stellar. Revenue for the three months ended Sept. 26 increased 4.5% year over year to $6.05 billion, topping the consensus estimate of $6.01 billion, according to LSEG. On a core basis — which strips out the impact of currency fluctuations to provide a better understanding of actual demand — sales were up 3% versus…
A basket of companies that consistently buy back shares is outperforming the broader market, according to Goldman Sachs. So-called “buyback aristocrats” are companies that have reduced their share counts by 1% or more annually in at least nine of the past ten years, David Kostin, Goldman’s chief U.S. equity strategist, said in a note Friday. “An equal-weight portfolio of Buyback Aristocrats, reconstituted and rebalanced annually, has outperformed the equal-weight S & P 500 by an annualized average of 3 [percentage points] since 2012 and by 4 pp YTD,” he wrote. Like dividends, share repurchases allow companies to return profits to…
Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBCA day ahead of Tesla’s quarterly earnings report, a coalition of unions and corporate watchdogs wants investors to focus their attention on matters of governance.On Tuesday, a group that includes the American Federation of Teachers and Public Citizen launched a website for Take Back Tesla, a campaign urging shareholders to vote against a new pay package for CEO Elon Musk that would net him nearly $1 trillion worth of stock and expand his control over the company.Tesla’s board floated the pay proposal in September, saying the largest ever CEO…
Nurphoto | Nurphoto | Getty ImagesHBO Max is the latest streaming services to raise its prices.The streaming giant, owned by Warner Bros. Discovery, announced Tuesday that it is raising prices across all plans. HBO Max’s Basic with ads plan is increasing $1 a month to $10.99, the Standard plan is going up $1.50 to $18.49, and Premium is increasing $2 to $22.99. HBO Max last raised prices in June 2024.The price hikes are effective immediately for new subscriptions. Existing monthly subscribers will be notified 30 days in advance of their plan renewing, with the new prices starting on their next…
Several stocks are poised to rally as companies continue reporting third-quarter earnings over the next few weeks, according to Morgan Stanley. Big banks and others that have so far reported results largely booked better-than-expected revenue and earnings-per-share for the three months ended September 30. Since the earnings season got underway, more than 80% of companies that have so far reported have beaten Wall Street’s estimates, FactSet data shows. “The dearth of downward earnings revisions in the run-up into 3Q earnings suggests companies are already comfortable they can meet or beat expectations,” Morgan Stanley analysts led by Michelle Weaver wrote Tuesday…
