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Markets & Money Today | 2 Min News | The Daily News Now!

The Daily News Now!

Stay informed with the latest business, stock market, and finance headlines, updates, and breaking stories delivered daily in quick, engaging episodes. Subscribe!The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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2:15

Cargojet, Latam add new freighter routes, capacity to...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/03

**Summary:**International air cargo takes a significant leap forward as Cargojet and Latam Cargo announce new routes connecting Europe with the Americas. Cargojet launches a weekly direct flight from Canada to Belgium, while Latam Cargo increases its service to fifteen flights a week between Europe and South America. These new routes offer faster transit times and reduced costs for shippers, particularly for time-sensitive goods like auto parts, machinery, and pharmaceuticals. With more capacity and

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2:10

Loews' quarterly profit rises on strong performance...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/03

Loews Corporation's third-quarter profit surged due to fewer catastrophic events, leading to a significant increase in earnings. The company's insurance arm, CAN Financial, saw a 40% jump in core income. Loews' diversified interests in energy, hospitality, and packaging, along with smart investments and cost management, contributed to the positive results. The company's stock price has risen nearly 18% since January, outperforming the S&P 500 index. As the global economy remains uncertain, Loews'

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2:13

U.S. earnings beat at record pace, says Goldman...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/03

Record-breaking earnings season on Wall Street sees two-thirds of S&P five hundred firms surpass profit expectations, with sixty-four percent exceeding estimates by a significant margin. Despite strong revenue growth and positive guidance, investors remain cautious, and stocks barely outperform the market. AI investments from hyperscalers drive optimism for the fourth quarter, while labor efficiency becomes a focus for large firms amid market volatility.The Daily News Now! — Every city. Every story

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2:08

Constellation Energy remains KeyBanc’s top pick amid...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/03

Nuclear Power Surge: KeyBanc Sees Opportunities for Fluor and Quanta ServicesA wave of nuclear power announcements has investors and industry insiders buzzing. KeyBanc highlights Fluor Corporation and Quanta Services as potential beneficiaries if a nuclear super-cycle takes off in the US. Brookfield Asset Management is in talks to revive unfinished nuclear reactors in South Carolina, while the federal government partners with Brookfield, Cameco, and Westinghouse Electric for a $80 billion nuclear

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2:08

ReElement Technologies stock soars after securing...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/03

ReElement Technologies stock surges as it secures a $1.4 billion partnership with the US Department of War's Office of Strategic Capital. The goal? To bolster America's domestic supply of rare earth magnets, crucial for defense, clean energy, and advanced tech. The deal, backed by the One Big Beautiful Bill Act, aims to produce 10,000 metric tons per year, reducing reliance on foreign suppliers. Industry leaders express excitement and cautious optimism, with supporters highlighting potential job

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2:28

L.B. Foster (NASDAQ:FSTR) Reports Sales Below Analyst...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/03

L.B. Foster, a railway infrastructure company, reported Q3 2025 sales of $138M, below analyst expectations, with flat revenue and a 35% drop in EPS. The company lowered its full-year revenue guidance by $5M, hinting at softer sales. Despite steady margins and improved free cash flow, concerns persist due to ongoing sales softness and high costs. The slump in adjusted earnings was mainly due to weaker margins in the infrastructure division. However, a strong order backlog and potential revenue boost

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2:02

Factbox-Big-ticket consumer deals over past few decades

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/03

**Summary:**In a series of eye-catching deals, major consumer goods companies like Kimberly-Clark, Mars, PepsiCo, and General Mills have been acquiring brands and businesses to stay competitive in a challenging market. These mergers and acquisitions, totaling billions of dollars this year alone, aim to help companies deal with higher prices, competition from smaller brands, and health-conscious consumers. The impact on shoppers includes new products, revived favorites, and changes in packaging and

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1:45

Pinnacle West: Q3 Earnings Snapshot

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/03

Pinnacle West, a Phoenix-based power company, reported robust third-quarter earnings of over $413 million, with a profit of $3.39 per share and revenue of around $1.82 billion. The company expects full-year earnings to range between $4.90 and $5.10 per share, reflecting a cautious optimism amidst market uncertainties. Analysts view Pinnacle West's performance as in line with predictions, and its guidance matches other major utilities' forecasts. The company's steady performance offers stability to

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2:02

Dodgers-Blue Jays World Series Game 7 Draws More Than...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/03

Baseball fans witnessed a historic World Series showdown between the Los Angeles Dodgers and the Toronto Blue Jays, with over twenty-five million viewers tuning in. The Dodgers' victory in a tense, eleven-inning game marked the most-watched World Series matchup in nearly a decade. Despite Toronto's strong baseball fanbase not being counted in Nielsen's ratings, the actual audience was likely even larger. This year's series was a major event, with the Dodgers winning the World Series for the second

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1:51

Vertiv to acquire PurgeRite for about $1 billion to...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/03

In a significant move, HVAC service company PurgeRite, known for its work with data centers, is set to be acquired by a private equity firm. This comes as the AI boom strains the power grid, pushing data centers to adopt greener energy solutions. Meanwhile, Eaton buys Boyd Corporation's thermal business, highlighting the intense competition in the sector. These acquisitions underscore the urgent need for efficient cooling systems in the face of AI's growing energy demands.The Daily News Now! — Every

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2:07

Factbox-US government shutdown: How it affects key...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/03

The U.S. government shutdown has halted crucial economic data releases, leaving businesses, investors, and economists in the dark about the economy's true state. Private companies are stepping in to provide data, but their reliability may wane as the shutdown continues. The longer the shutdown lasts, the harder it becomes to make informed decisions, as the overall economic picture remains unclear. Experts eagerly await a resolution from Washington to restore the flow of essential information.The

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2:12

Gold price today, Monday, November 3: Gold opens at...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/03

Gold prices surge amid China's tax policy change, causing a stir in global markets. Despite a narrow range over the past week, gold futures opened at $4,100 per ounce, marking a half-percent increase from Friday's close. The recent adjustment in China's gold tax policy, which affects jewelry retailers and non-exchange members, is expected to push the price of gold jewelry higher in China, potentially impacting global markets. Investors and shoppers alike are closely monitoring these developments, as

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1:48

Tylenol’s parent company will combine with the maker...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/03

Kimberly-Clark's $50B Acquisition of Kenvue: A Massive Merger Amidst Controversy and ChallengesKimberly-Clark, the maker of Huggies, has announced a $50B deal to buy Kenvue, the company behind Tylenol. This merger will create a giant consumer product group, combining brands like Johnson's, Listerine, Kleenex, and Clean & Clear. The deal comes after former President Trump's unproven claims about Tylenol and pregnancy, which sent Kenvue's stock price plummeting. Kimberly-Clark will pay over $21 per

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2:01

Tylenol maker Kenvue misses sales estimates amid...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/03

Kenvue, the company behind popular brands like Tylenol and Benadryl, faces a sales drop due to autism claims linked to Tylenol. Despite new leadership, including Kirk Perry as CEO, the company struggles to regain trust and stabilize sales amid ongoing concerns and market pressure.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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2:11

Agreements made at Trump-Xi meeting are "overall...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/03

In a historic meeting, President Trump and President Xi Jinping reach a trade truce, pausing tariffs and easing restrictions on rare earth exports. This breakthrough offers relief to businesses and farmers, but experts caution that deep-rooted issues remain, and uncertainty may persist until their next meeting in April 2026.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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2:09

Restaurant recession rears its head as Chipotle,...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/03

Young diners are eating out less, causing a potential 'restaurant recession' as fast-casual chains like Chipotle, Sweetgreen, and Cava see declining sales and stocks. The shift is due to tougher job markets, rising loan delinquencies, and higher menu prices, with even legendary fast food giants like McDonald's feeling the impact. The trend suggests a possible end to the fast-casual boom and a return to home-cooked meals.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See

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2:26

Toymaker Gears Up for Supreme Court Fight Over...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/03

In a landmark case, Rick Woldenberg, a small business owner, challenges President Trump's tariffs, arguing they've disrupted his educational toy company. With tariffs shifting between China and India, Woldenberg's business faces financial and operational challenges. The Supreme Court's decision could reshape future presidents' trade policies and the balance of power between the executive branch and Congress.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See

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1:59

IREN Secures $9.7 Billion Microsoft Contract

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/03

Microsoft's $9.7 billion deal with IREN for advanced Nvidia chips boosts its AI capabilities, signaling a race to stay ahead in the AI world. The deal also includes a $5.8 billion agreement with Dell Technologies for new hardware. IREN's stock surged 20% following the announcement, reflecting the growing importance of data centers in AI services. Despite challenges like chip shortages and power concerns, Microsoft plans to double its data-center footprint, indicating bigger investments and

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1:51

Kimberly-Clark buys Tylenol maker Kenvue for more...

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/03

In a major industry shakeup, Kenvue, known for consumer health items, is merging with Kimberly-Clark, the brand behind Kleenex and Huggies. This deal aims to create a powerhouse in everyday health products, focusing on innovation and trusted brands. Kenvue, facing challenges like recent Tylenol controversy and poor stock performance, sees this as an opportunity to accelerate product launches. Kimberly-Clark, on the other hand, expects to expand its reach and offer more convenient options. The merger

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1:34

Adeia: Q3 Earnings Snapshot

Markets & Money Today | 2 Min News | The Daily News Now! ·

2025/11/03

Adeia, a tech company specializing in chip technology for small devices, reported a net income of $8.8 million for Q3, translating to $0.08 per share. Adjusted earnings, excluding certain costs, amounted to $0.28 per share. The company generated $87.3 million in revenue during the quarter and expects total revenue between $360 million and $380 million for the year. Adeia's stock price has surged by 22% this year and 37% over the past year, reflecting investor confidence in the company's performance

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