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…
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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…
Plans are on hold for President Donald Trump to sit down with Russian leader Vladimir Putin to talk about resolving the war in Ukraine, a U.S. official said Tuesday.The meeting had been announced last week. It was supposed to take place in Budapest, although a date had not been set.The decision was made following a call between U.S. Secretary of State Marco Rubio and Russian Foreign Minister Sergey Lavrov.The official wasn’t authorized to speak publicly and spoke on condition of anonymity.Kremlin spokesperson Dmitry Peskov indicated Tuesday there was no sense of urgency for Trump and Putin to meet, saying that…
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023.Gonzalo Fuentes | ReutersSpaceX and Tesla CEO Elon Musk criticized acting NASA Administrator Sean Duffy after he told media outlets this week that the billionaire’s space company is falling behind U.S. plans to return to the moon.”The person responsible for America’s space program can’t have a 2 digit IQ,” Musk wrote in a Tuesday post on X.In response to other user posts, Musk referred to the transportation secretary as “*Sean Dummy” and said he is “trying…
Lauren Taylor Wolfe, co-founder of activist investment firm Impactive Capital, said the surge in enthusiasm around artificial intelligence has all the markings of a bubble.”We are absolutely in an AI bubble now. It is going to burst,” she said on CNBC’s “Squawk on the Street” Tuesday to David Faber. “I don’t know when, I don’t know the order of magnitude. A lot of people are going to lose money.”Her remarks come as enthusiasm for AI continues to drive markets higher, with investors betting the technology will transform industries and lift corporate earnings. Taylor Wolfe said investors are underestimating the risks…
Defense and aerospace giants raised their outlooks for the year on Tuesday, citing stronger demand despite economic uncertainty and tariffs.GE Aerospace, Northrop Grumman, RTX and Lockheed Martin each beat third-quarter Wall Street profit estimates, with only Northrop missing revenue estimates, based on a survey of analysts by LSEG.GE, which is both a defense supplier and a major engine maker for Boeing and Airbus commercial planes, raised its full-year adjusted revenue growth outlook from “mid-teens” to “high-teens” and its free cash flow forecast from a range of between $6.5 billion and $6.9 billion to a range of $7.1 billion to $7.3…
While gold was taking a hit on Tuesday, the metals trade has outshined artificial intelligence on Wall Street this year, even the latter has propelled the broader stock market to record levels. Gold crossed the $4,000-per-ounce threshold earlier in October, and just this week, it hit a record above $4,300 . It’s currently up more than 50% this year. Not only that, silver is trading near record levels and has soared more than 60%. That’s despite easing trade tensions between the U.S. and China leading to a slight pullback in both metals – President Donald Trump said Monday he expects…
Customers check out at a supermarket on August 12, 2025 in New York City. Liao Pan | China News Service | Getty ImagesThe September consumer price index report coming out Friday will command full attention from financial markets, even as some investors will view the data with a skeptical eye.With the Bureau of Labor Statistics already under scrutiny this year for its broad menu of data releases, the government shutdown gripping Washington, D.C. will only raise concerns from parts of Wall Street about whether the inflation reading will present a full picture.”Skeptics like me are going to be focused on…
U.S. House Minority Leader Hakeem Jeffries (D-NY) speaks during a press conference at the U.S. Capitol Building on Sept. 25, 2025 in Washington, DC.Anna Moneymaker | Getty ImagesA New York man who received a pardon from President Donald Trump for his role in the Jan. 6, 2021, riot at the U.S. Capitol has been charged with threatening to kill House Democratic leader Hakeem Jeffries.Christopher Moynihan, 34, of Clinton, is charged with making a terroristic threat against Jeffries, New York State Police said. He is being held in lieu of a $10,000 cash bail.Moynihan, in August 2022, pleaded guilty to five…
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during a dinner with tech leaders in the State Dining Room of the White House in Washington, DC, US, on Thursday, Sept. 4, 2025. US President Donald Trump said he would be imposing tariffs on semiconductor imports “very shortly” but spare goods from companies like Apple Inc. that have pledged to boost their US investments. Photographer: Will Oliver/EPA/Bloomberg via Getty ImagesWill Oliver | Bloomberg | Getty ImagesMeta Platforms’ CEO Mark Zuckerberg must testify at the first trial for a lawsuit alleging adverse effects of social media on younger users, a Los…
