Author: usaeverydaylife

A Starbucks outlet in Hangzhou in east China’s Zhejiang province Thursday, Oct. 30, 2025. Long Wei | Feature China | Future Publishing | Getty ImagesStarbucks on Monday announced it is forming a joint venture with Boyu Capital to operate the company’s locations in China.Under the terms of the deal, Boyu, an alternative asset management firm, will pay Starbucks roughly $4 billion to hold up to a 60% interest in the joint venture. Starbucks will hold a 40% stake and maintain its ability to license the brand and intellectual property to the joint venture.The announcement comes after the coffee giant conducted…

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Qnity Electronics — now spun off from DuPont — moved higher in its public debut on the New York Stock Exchange on Monday. The stock quickly earned an endorsement from Jim Cramer. “We have a nice position in Qnity, but we don’t own enough,” Jim said during Monday’s Morning Meeting . The Club received 812 shares of Qnity, one for every two DuPont shares the Club already owned. Qnity’s weighting in the Charitable Trust is 2.04% as of Monday, compared to DuPont’s 1.45% weighting. With its long-awaited split from DuPont in the rearview mirror, Jim touted Qnity as a great…

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Representation of Ethereum, with its native cryptocurrency ether.Dado Ruvic | ReutersEther fell as much as 9% on Monday, slipping below its critical $3,600 support level, shortly after a multimillion dollar hack affected a protocol on the token’s native network. The cryptocurrency, which is issued on Ethereum, was last down 6.6% at around $3,600, CoinMetrics data shows. That’s roughly 25% off its high of $4,885 hit on August 22. The coin’s tumble came after Ethereum-based decentralized finance protocol Balancer on Monday lost possibly more than $100 million in a hack. The exploit marks the latest in a series of bearish events that have…

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(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — We live in a low-trust society at the moment. For people who watch cable news on TV each night or spend their days scrolling through social media, it feels as though we’re at a breaking point — like it can’t get any worse before irreparable damage is done. Mainstream politicians are openly discussing a “national divorce.” Half the country believes the president is undermining our democracy and using the White House to make his family billions…

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(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.) New month, familiar market action. Uneven performance across sectors with a couple of mega-cap AI proxies supporting the S & P 500 while overall breadth struggles and old-economy cyclicals struggle a bit. The character of Monday’s session, and the past week, has done little to quiet the voices declaring that subpar market breadth, severe index concentration and myopic enthusiasm toward the AI infrastructure theme are making the market unbalanced and vulnerable. Yet the broad uptrend has held, year-end…

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Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the AIPCon conference in Palo Alto, California, US, on March 13, 2025.David Paul Morris | Bloomberg | Getty ImagesPalantir reported quarterly results that topped analysts’ estimates and issued better-than-expected guidance for the fourth quarter, attributing much of its strength to artificial intelligence. The stock rose about 3% in extended trading. Here’s how the company did compared to LSEG estimatesEarnings per share: 21 cents vs. 17 cents expectedRevenues: $1.18 billion vs. $1.09 billion expectedPalantir, which builds analytics tools for large companies and government agencies, said it expects revenue of about…

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In this unsettled environment, investors may be considering dividend stocks for income. But not all of them are created equal. With equities near record highs, dividend stocks can help bolster portfolios during times of market volatility and economic uncertainty. They also become relatively more attractive to income-seeking investors as the Federal Reserve cuts rates and yields come down on bonds. Just last week, the central bank lowered the federal funds rate by a quarter percentage point, but left a potential cut at its next meeting in December in doubt. Traders are now pricing in 65% odds of another quarter-point move…

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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, major cryptocurrencies are under pressure as the first trading week of November kicks off. Plus, Standard Chartered’s CEO says he envisions a future in which nearly all global transactions are conducted on a digital blockchain ledger. And, as earnings season is underway, Dan Dolev, senior analyst at Mizuho, weighs in on what to expect from some of the largest publicly traded crypto companies. Source link

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A trader works on the floor of the New York Stock Exchange on Oct. 30, 2025 in New York. Angela Weiss | AFP | Getty ImagesThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. November kicks offToday’s opening bell will mark the start of a new month of trading, and stock futures are higher before the open. The market is coming off a winning October, as momentum from the artificial intelligence trade continues to help buoy stocks.Here’s where things stand to kick off…

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