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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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1:56

ON Semiconductor Corp.: Q3 Earnings Snapshot

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

2025/11/03

ON Semiconductor surprises with Q3 earnings, beating analyst predictions and generating $1.55 billion in revenue. The company's solid performance in the competitive semiconductor sector boosts investor and employee confidence, with cautious optimism for the future. ON Semiconductor expects Q4 earnings between $0.57-$0.67 per share and revenue between $1.48-$1.58 billion, aiming to maintain momentum despite market shifts.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See

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2:05

My father’s estate was awarded $50K in a class-action...

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

2025/11/03

In this episode, we delve into a family's dilemma over a fifty-thousand-dollar inheritance from a class action lawsuit, twenty-five years after their father's passing. The executor, the father's brother, has kept the money, despite the mother being the sole heir. The question: should the money have gone to the mother in New York state? The answer lies in the strict statute of limitations for challenging estate handling, leaving the mother with limited options. Experts advise on the best course of

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1:52

Fed’s Miran Repeats View Policy Remains Too Restrictive

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

2025/11/03

Federal Reserve Governor Stephen Miran advocates for larger interest rate cuts, arguing that the current policy is too strict and could risk pushing the economy into a downturn. He disagrees with colleagues who fear rapid cuts could reignite inflation, and he points to signs of stress in credit markets as evidence that monetary policy is too tight. The Fed remains divided on the pace of rate cuts, with significant implications for borrowing, spending, and economic growth.The Daily News Now! — Every

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2:30

Why institutions are shifting from Bitcoin holdings...

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

2025/11/03

Big investors are revolutionizing Bitcoin mining, turning it into a lucrative investment opportunity. Hedge funds, private equity firms, and energy companies are backing massive mining facilities, seeking steady returns. Go Mining, a platform for both retail and institutional investors, manages ten million terahash of mining capability. Mining offers daily yields, providing a safety net during market fluctuations. Tokenized hash rate is making it easier for big investors to join, while mining

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1:47

Small-cap shorts surge after Fed signals December...

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

2025/11/03

Investors face a rollercoaster ride as earnings season kicks off, with hedge funds and big money managers swiftly reversing early week gains. Large-scale selling of Meta shares and increased negative bets on small-cap stocks add to market volatility. Despite past data showing November as a good month for small-cap stocks, investors are cautious due to uncertainty around the Federal Reserve's interest rate cut decision. As the earnings season progresses, all eyes are on investor behavior and the

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1:51

Evercore removes Apple from tactical list after...

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

2025/11/03

Apple's Q3 Performance Impresses, Despite Evercore's Tactical Move: Despite Evercore ISI removing Apple from its Tactical Outperform list, the tech giant's Q3 results showed strength with an 8% revenue rise and a 15% jump in Services. Apple's forecast for the December quarter, driven by iPhone 17 demand and Services growth, and its ability to manage manufacturing costs, keep investors optimistic. However, challenges in China and supply hiccups persist, with Evercore analysts maintaining a positive

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2:01

UBS lifts Cisco to Buy, sees ’multi-year growth...

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

2025/11/03

UBS upgrades Cisco Systems from Neutral to Buy, setting a new price target of $88, due to anticipated growth from AI infrastructure demand, hardware refreshes, and security business momentum. Cisco secures over $2 billion in AI-related orders, with two-thirds running on Cisco's Silicon One chips. Enterprise and government orders approach $1 billion, setting Cisco up for steady growth. Network hardware upgrades and strong security product sales further boost Cisco's prospects, making it a potential

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2:51

Earnings live: Berkshire Hathaway profits rise as...

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

2025/11/03

Earnings season is in full swing, with AI giants like Palantir, AMD, and Supermicro leading the charge. Overall, the market is optimistic, with earnings per share projected to rise over ten percent for the quarter. Standout stories include Berkshire Hathaway's seventeen percent profit increase and AbbVie's falling sales of Humira. Amazon's cloud revenue surged, but it also laid off fourteen thousand workers. Crocs beat expectations despite falling profits, and Strategy's bold bets on bitcoin paid

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2:42

Trump may already be losing the economic war for the...

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

2025/11/03

Cambodia's Prime Minister, Hun Manet, nominates former US President Donald Trump for a Nobel Peace Prize, recognizing his mediation skills in a military standoff between Thailand and Cambodia. Trump also secures a trade deal with Cambodia, reducing tariffs. This move signals a shift in Southeast Asia's geopolitical landscape, with both the US and China vying for influence. Countries like Vietnam, Thailand, and Malaysia aim to benefit from both powers without choosing sides. Trump's recent trade

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1:40

Fed's Miran: Can't judge stance of monetary policy...

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

2025/11/03

Federal Reserve Governor Stephen Miran challenges the common approach to interest rates, urging caution against relying solely on stock prices and corporate credit. He advocates for a half-point rate cut, warning that the current policy could risk an economic slowdown. As markets await the Fed's next move, Miran's unconventional stance intensifies the ongoing debate over the role of Wall Street signals in shaping monetary policy.The Daily News Now! — Every city. Every story. AI-powered. Hosted on

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1:43

Kimberly-Clark to acquire Tylenol maker Kenvue in...

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

2025/11/03

Kenvue shareholders are set to receive a mix of cash and stock as part of a buyout deal with Kimberly-Clark, creating a health and hygiene giant. The deal, valued at around $21.71 per Kenvue share, combines household names like Kleenex and Scott with popular brands like Johnson's and Neutrogena. The merger, still pending shareholder approval, could reshape the market for shoppers and investors.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more

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2:09

Exclusive-QatarEnergy, Exxon executives warn of...

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

2025/11/03

Tension rises as Europe's top gas suppliers, ExxonMobil and QatarEnergy, threaten to pull out due to the EU's proposed Corporate Sustainability Due Diligence Directive. This law, aiming to address environmental and human rights risks, also demands climate transition plans aligned with the Paris Agreement. The companies argue the law goes too far, potentially threatening critical gas supplies to Europe. With winter approaching and energy security at stake, European lawmakers are open to negotiation,

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1:44

Nvidia shares up 2% in premarket as U.S. approves...

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

2025/11/03

Microsoft secures export licenses to ship Nvidia's advanced chips to the UAE, boosting AI ambitions and Microsoft's role in the region's tech scene. The move, approved by the U.S. Commerce Department, allows Microsoft to deliver over 60,000 A100 chips and GB300 GPUs. This development opens up possibilities for AI advancements in the UAE, impacting schools, businesses, and government projects. Nvidia's involvement is already causing a stir in the stock market, with shares climbing. The stage is set

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2:32

Former crypto mogul Sam Bankman-Fried is making a...

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

2025/11/03

Sam Bankman-Fried, the former crypto billionaire convicted of stealing billions from FTX customers, is appealing his 25-year sentence, claiming an unfair trial and FTX's solvency. His legal team is seeking a pardon, and he's made conservative political alignments. The appeal comes as crypto markets rebound, potentially strengthening his argument. Reactions within the crypto world are mixed, with some fearing it could reinforce negative stereotypes and others seeing the case in a more nuanced

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2:15

5 Things to Know Before the Stock Market Opens

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

2025/11/03

Investors kicked off the week with optimism, as stock futures pointed higher and corporate earnings reports loomed. Palantir's results were eagerly anticipated, while OPEC Plus' decision to maintain oil production levels kept traders on edge. China's move to suspend new restrictions on rare earth exports and wind down investigations into American semiconductor companies boosted tech and auto industries. Berkshire Hathaway's record cash holdings and Kimberly-Clark's $40 billion acquisition of Kenvue

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2:28

Bruker’s (NASDAQ:BRKR) Q3: Beats On Revenue

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

2025/11/03

Bruker, known for its scientific instruments, reported Q3 earnings of $860.5M, beating expectations by 1.8%. However, sales remained flat and the company lowered its full-year revenue forecast. Despite this, adjusted profit per share came in at $0.45, 38% above consensus. The company faced demand headwinds, with organic revenue falling by 4.5% from last year. Bruker's operating margin dropped into the red, and free cash flow dipped, leading to a share price fall of nearly 4%. Investors must now

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2:12

fuboTV (NYSE:FUBO) Reports Strong Q3

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

2025/11/03

fuboTV, the sports-focused streaming service, reported Q3 2025 earnings, beating Wall Street expectations with $377.2M revenue, a 2% decrease from last year. The company turned profitable, earning 2 cents per share, surpassing analyst predictions. fuboTV now has 1.63M domestic subscribers, a modest increase of 18K. Despite international subscriber decline, the company has expanded beyond soccer. Investors initially reacted positively, but concerns remain about slowing subscriber growth and declining

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2:00

Kimberly-Clark agrees to buy Kenvue in $48.7 billion...

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

2025/11/03

**Summary:**In a groundbreaking deal, Kimberly-Clark, known for brands like Huggies and Kleenex, is set to acquire Kenvue, owner of Band-Aid and Tylenol, in a nearly $49 billion agreement. This merger will create a consumer staples powerhouse with ten billion-dollar brands. The news sent Kenvue's stock soaring and Kimberly-Clark's shares plummeting, reflecting market excitement and skepticism. The deal, expected to close in late 2026, will likely bring new innovations and changes to store shelves,

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2:00

L.B. Foster: Q3 Earnings Snapshot

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

2025/11/03

L.B. Foster Company, a Pittsburgh-based railroad track and infrastructure parts manufacturer, reported a net income of $4.4 million for Q3, falling short of analysts' expectations of $0.61 per share. Revenue also came in below projections at $138.3 million. Despite the disappointing quarter, the company predicts full-year revenue between $535 million and $545 million. As the year draws to a close, investors and local workers await L.B. Foster's ability to meet its full-year goals amidst supply chain

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1:47

PSEG: Q3 Earnings Snapshot

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

2025/11/03

PSEG Reports Strong Q3 Profit, Beats Wall Street Expectations: Despite lower-than-expected revenue, PSEG's adjusted earnings of $1.13 per share surpassed analyst predictions, boosting investor confidence. The utility giant also provided an optimistic outlook for the remainder of the year, expecting full-year earnings between $4.00 and $4.06 per share.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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