U.S. President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Friday, Oct. 24, 2025. Bloomberg | Bloomberg | Getty ImagesTop economic officials from the U.S. and China kickstarted talks in Kuala Lumpur on Saturday to avert an escalation of their trade war and ensure that a meeting happens next week between U.S. President Donald Trump and Chinese President Xi Jinping. The talks on the sidelines of the Association of Southeast Asian Nations summit will chart a path forward after Trump threatened new 100%…
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Meta is facing new pressure from OpenAI, the juggernaut behind ChatGPT, which is now making waves in short-form video with its viral hit, Sora 2. The new app combines AI-powered video generation with a social feed that mimics TikTok and Instagram Reels. Less than five days after its Sept. 30 launch , Sora 2 racked up over a million iOS downloads for Apple devices, despite being invite-only. That pace outstripped downloads for the ChatGPT app when it launched in May 2023, six months after the AI chatbot debuted on web browsers, marking the start of its historic rise in popularity…
U.S. President Donald Trump gestures during an announcement regarding his administration’s policies against cartels and human trafficking, from the State Dining Room at the White House in Washington, D.C., U.S., Oct. 23, 2025. Jonathan Ernst | Reuters China on Thursday concluded its “Fourth Plenum,” a meeting aimed at setting out the country’s development agenda for the next five years. Beijing will focus on domestic consumption, self-reliance in technology as well as the agricultural and manufacturing sectors.In the U.S. economy and markets — generally considered the exemplar of free-market capitalism — the government’s handprints have started becoming visible, if you squint…
Taylor Swift (L) and Travis Kelce are seen in the Meatpacking District on Dec. 28, 2024 in New York City. TheStewartofNY | GC Images | Getty ImagesCompany: Six Flags Entertainment (FUN)Business: Six Flags Entertainment is a regional amusement-resort operator with approximately 27 amusement parks, 15 water parks and nine resort properties across 17 states in the United States, Canada and Mexico. The company provides memorable experiences to millions of guests every year with coasters, themed rides, thrilling water parks, resorts and a portfolio of intellectual property such as Looney Tunes, DC Comics and Peanuts. The company’s parks include Hurricane Harbor…
CNBC’s “Fast Money” team looks at Zoom’s stock performance with Carter Worth of Worth Charting. Source link
IRVINE, Calif. — Taco Bell is going all in on beverages, starting with its Live Más Café concept.The Yum Brands chain unveiled the drink-focused store format last December, with the first location in Chula Vista, California. Ten months later came the second location, near the University of California, Irvine campus. By the end of the year, Taco Bell is projecting that it will have 30 Live Más Cafés in its portfolio, across Southern California, Dallas and Houston.Unlike McDonald’s now-defunct CosMc’s spinoff, which had its own standalone locations, the Live Más Café lives inside existing Taco Bell restaurants. Customers order at…
Earnings season next week goes into overdrive as more than 150 companies in the S & P 500 report their quarterly results. Most of the “Magnificent Seven” tech firms are among them. With Tesla already out and Nvidia not out until Nov. 19, that leaves Alphabet and Club names Amazon , Apple , Meta Platforms , and Microsoft . In total, 10 companies in the portfolio are on next week’s list. Here is where Jim Cramer stands on each. Tuesday Corning reports its third-quarter earnings before Tuesday’s open. The specialty glass maker is our newest stock in the portfolio. We…
Fund managers are taking a cautious stance as the fourth quarter gets underway, opting to go underweight in risk assets in favor of defensive plays with lower volatility. AI, private credit, sticky inflation — and the Fed’s ability to deal with it amid interference from U.S. President Donald Trump — are top of mind for fund managers and central bankers as policies diverge. For David Aujla, multi-asset fund manager at Invesco, this translates into a high-quality government bond play rather than, say, credit risk. “While we do not necessarily think a recession is imminent, we do think the balance of…
Intel has been on a parabolic move higher and the third quarter earnings report confirmed that this battered and bruised former chip champion is back. I want to add to my current Intel long position by using an options strategy that defines my risk as this under loved tech name is now up nearly 100% on the year. The beaten-down chip maker brought in a new CEO, Lip-Bu Tan, earlier in the year to help it regain lost ground in a market now dominated by Nvidia (NVDA) , Advanced Micro Devices (AMD) , and Taiwan Semi (TSM) . President Trump…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailMike Khouw, chief strategist at OpenInterest.PRO joins CNBC’s “Fast Money” team to discuss next week’s earnings action and what to expect from the Mag 7 names01:14Fri, Oct 24 20255:49 PM EDT Source link
