Plus: Nvidia shares climb a day after the chipmaker reported strong sales and profits. Shares of BJ’s Wholesale Club rise following the bulk retailer raising its earnings outlook. J.R. Whalen reports.
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Plus: Existing home sales in the U.S. rose 3.4% in October. Temu owner PDD Holdings posted the slowest revenue growth in more than two years. J.R. Whalen reports.
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Plus: The Justice Department charges Indian Billionaire Gautam Adani with orchestrating a $250 million bribery scheme. And Elon Musk’s xAI says its latest funding round values it at $50 billion. Luke Vargas hosts.
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Plus: Williams-Sonoma shares rise to a new record after the home-products retailer posted higher-than-expected quarterly earnings and boosted its 2024 outlook. Robinhood shares increase on hopes the brokerage will benefit from President-elect Donald Trump’s softer approach to regulation. J.R. Whalen reports.
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Plus: Ford plans to cut 4,000 jobs in Europe. U.S. crude oil inventories rose last week. J.R. Whalen reports.
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Plus: Shares in Tokyo Gas soar after Elliott Investment Management discloses a stake in the utility. And, the U.K.’s inflation rate rebounds. Luke Vargas hosts.
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Plus: Super Micro Computer shares jump after the server maker submitted a plan to continue trading on the Nasdaq. Bitcoin reaches a record of about $94,000 before slipping later in the trading day. J.R. Whalen reports.
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Plus: Donald Trump is expected to name Cantor Fitzgerald CEO Howard Lutnick to lead the Commerce Department. Walmart reports U.S. sales rose in the most recent quarter. J.R. Whalen reports.
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Plus: Super Micro Computer submits a plan to allow it to keep trading on the Nasdaq. And, Blackstone is nearing a deal for closely held sandwich chain Jersey Mike’s Subs. Luke Vargas hosts.
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Plus: Super Micro Computer shares jump as the AI server maker submits a plan to the Nasdaq to avoid delisting. Warner Brothers Discovery shares move higher after reaching a legal settlement with the NBA. J.R. Whalen reports.
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Plus: The Eurozone’s trade surplus rose in September compared to a year ago, with exports to the U.S. increasing 8.9%. Roblox is adding protections and safeguards for its youngest users about a month after it was accused of favoring growth over child safety. J.R. Whalen reports.
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