Author: usaeverydaylife

California voters approved new congressional district boundaries Tuesday, delivering a victory for Democrats in the state-by-state redistricting battle that will help determine which party wins control of the U.S. House in 2026 and, with it, the power to thwart or advance President Donald Trump’s agenda.The approval of Proposition 50 gives Democrats a shot at winning as many as five additional seats, just enough to blunt Texas Republicans’ move to redraw their own maps to pick up five GOP seats at Trump’s urging. Texas’ move and California’s response have kicked off a flurry of redistricting efforts around the country, with Republican…

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Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC.Kevin Dietsch | 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. Palantir’s popcornTech earnings continued yesterday with Palantir Technologies, which beat Wall Street’s expectations on the top and bottom lines for the third quarter. The company also issued better-than-expected guidance for its current quarter.Here’s what to know:Palantir,…

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Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Tuesday and what’s on the radar for Wednesday’s session. Obesity in the USA We’ll follow reports on Wednesday that the White House is working on a deal with Eli Lilly and Novo Nordisk to have their diet drugs under the Medicare and Medicaid umbrella. Shares of Eli Lilly are up 5.1% in two days and up 10.6% in a…

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Zohran Mamdani, Democratic candidate for mayor speaks during a press conference celebrating his primary victory with leaders and members of the city’s labor unions on July 2, 2025 in New York.Angela Weiss | Afp | Getty ImagesDemocrats made a clean sweep in the three biggest contested elections in the United States on Tuesday night.The top Democrat in the Senate, Minority Leader Chuck Schumer of New York, even before the races were called, said that their outcomes were a sharp rebuke to President Donald Trump, a Republican.Trump, in a social media post, said that unnamed “pollsters” concluded that the reason Republicans…

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Co-founder and CEO of Nvidia Jensen Huang spoke to journalists during a trip to Beijing in July.Picture Alliance | Picture Alliance | Getty ImagesNvidia will help train and mentor emerging deep tech startups in India as a founding member of a $2 billion investment alliance, deepening its presence in the world’s third-largest startup ecosystem.The U.S. chipmaker has joined the India Deep Tech Alliance (IDTA) — a group of private equity and venture capital investors pledging $2 billion for deep tech investments — as a founding member. Deep tech startups are an umbrella term for emerging companies in semiconductors, space, AI,…

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Guests look at a model of the largest data center in the UAE under construction in Abu Dhabi as the Stargate initiative, a joint venture between G42, Microsoft, and OpenAI, during the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) in Abu Dhabi on November 3, 2025. (Photo by Giuseppe CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images) Giuseppe Cacace | Afp | Getty ImagesFossil fuel leaders have welcomed a paradigm shift in the narrative regarding the energy transition.Speaking to CNBC on the sidelines of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), OPEC Secretary-General Haitham Al…

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Traders work at the New York Stock Exchange on Nov. 3 2025.NYSEDow futures rose slightly Tuesday night, while futures tied to the tech-heavy Nasdaq slid, as investors continue to grapple with where megacap tech stocks head from here. Dow Jones Industrial Average futures rose 36 points, or nearly 0.1%. S&P 500 futures fell almost 0.2%, while Nasdaq 100 futures tumbled nearly 0.4%.Wall Street is coming off a losing session for the major averages. The S&P 500 declined 1.2%, while the Nasdaq Composite dropped 2%. The Dow Jones Industrial Average lost 251 points, or 0.5%.That comes after Palantir dropped about 8%, even after besting expectations for the…

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Amazon is building a subsea fiber-optic cable called Fastnet to connect Maryland’s Eastern shore to County Cork, Ireland, in what will be the company’s first wholly-owned subsea cable project.Subsea fiber-optic communication cables carry over 95% of international data and voice traffic across the globe. These cables transmit hundreds of terabits of data per second including government communications, financial transactions, email, video calls and streaming.Amazon has invested in several subsea cable projects in the past, including Jako, Bifrost and Havfrue as part of a consortium, but Fastnet is the first time that the tech company undertakes one of these projects alone.”Subsea is really…

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