ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC’s MacKenzie Sigalos reports on AWS growth, as Amazon’s cloud business reaccelerates to 20% year-over-year, easing investor concerns and signaling renewed momentum in AI infrastructure demand. Source link
Author: usaeverydaylife
Republican U.S. President Donald Trump called on Thursday for the removal of the Senate’s filibuster rule, to bypass a Democratic roadblock during a government shutdown now in its 30th day.The filibuster is the Senate rule for agreement by 60 of its 100 members to pass most legislation. Republicans hold a 53-47 majority in the Senate and a 219-213 majority in the House of Representatives.”It is now time for the Republicans to play their “TRUMP CARD,” and go for what is called the Nuclear Option — Get rid of the Filibuster, and get rid of it, NOW,” Trump wrote on social media.There was no end in sight on…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, major cryptocurrencies trade lower after Fed Chair Jay Powell suggested the central bank may not cut interest rates again at its December meeting. Plus, JPMorgan analysts said in a note that Circle’s USDC stablecoin is outpacing Tether’s USDT in terms of on-chain activity. And, Steven McClurg, Canary Capital CEO, explains how the asset manager’s new spot crypto ETFs tied to Hedera and Litecoin are performing after launching in the U.S. this week.12:42Thu, Oct 30 20253:11 PM EDT Source link
Kelly Ortberg, Boeing CEO, joins ‘Squawk on the Street’ to discuss the company’s charge around the 777X, how much the government shutdown is impacting Boeing and much more. Source link
The meeting between U.S. President Donald Trump and Chinese Premier Xi Jinping in Busan, South Korea on Thursday yielded a raft of fresh agreements , including on rare earth minerals, fentanyl and soybeans. Investors are now keeping tabs on what the meeting — rated a “12” out of 10 by Trump — could mean for their portfolio positioning in the coming days and weeks. Chip stocks A key outcome of Thursday’s discussions will see China halt export restrictions on its rare earths and magnets for one year, with the deal set to be renegotiated on an annual basis. This offers…
The ‘Fast Money’ traders react to Apple earnings and iPhone sales. Source link
Chinese-made automobiles and construction machinery are assembled and shipped for export at Yantai Port in Yantai City, Shandong Province, China, on October 21, 2025. Costfoto | Nurphoto | Getty ImagesChina’s manufacturing activity in October contracted more than expected, shrinking to the lowest level in six months, an official survey showed on Friday, as trade tensions with Washington reignited during the month.The official manufacturing purchasing managers’ index came in at 49.0, data from the National Bureau of Statistics showed, missing economists’ expectations for 49.6 in a Reuters poll. A reading above the 50 benchmark indicates growth while one below that suggests…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCebu Pacific CEO Michael Szucs highlights how infrastructure upgrades, airport expansion, and rising travel demand in the Philippines are fueling the airline’s next phase of growth. Source link
Talk about a monster quarter. Apple delivered a great September quarter Thursday evening, even as iPhone supply was constrained by strong demand. The stock really got going after the company’s strong forecast for the holiday quarter. Revenue in Apple’s fiscal 2025 fourth quarter, which ended Sept. 27, rose 8% year over year to $102.47 billion, outpacing the $102.26 billion consensus estimate compiled by LSEG. Earnings per share of $1.85 increased 91% (or 13% when excluding a one-time charge in the year-ago period), exceeding the $1.77 consensus estimate, according to LSEG. AAPL YTD mountain Apple YTD Shares of Apple jumped as…
SHANGHAI, CHINA – OCTOBER 30: A shop is decorated with pumpkin lanterns in Xintiandi area, creating a festive atmosphere ahead of Halloween, on October 30, 2025 in Shanghai, China.Vcg | Visual China Group | Getty Images As we head into Halloween, Wall Street appears to be facing a mix of tricks and treats. Investors were spooked by some Big Tech capex plans, with all three major indexes falling Thursday. Meta stock suffered its biggest one-day loss since October 2022 as skepticism over its AI spending plans overshadowed strong results, while Microsoft lost 3%.In contrast, Amazon shares jumped more than 13% in…
