The Brutalist Report

CNBC

• Qualcomm is proactively reducing expenses and ‘prepared to do more’ if necessary, CEO says [1279d]
• U.S. Commerce Secretary Raimondo doubles down on Biden plan to restrict American companies, and citizens, from helping China make semiconductor chips [1279d]
• Jim Cramer says to parse the Dow for recession-resilient stocks [1279d]
• Virgin Galactic CEO outlines remaining steps before commercial spaceflight service begins next year [1279d]
• Judge approves independent monitor to oversee Trump Organization financial reporting, a victory for New York AG [1279d]
• Ukraine agriculture exports top 10 million metric tons since ports reopened under U.N.-backed Black Sea Grain Initiative [1279d]
• Carvana tumbles after posting declines in nearly every aspect of the car reseller's business [1279d]
• DoorDash stock surges after sales beat expectations [1279d]
• Shares of Block jump on earnings beat [1279d]
• Space company Maxar sets key launch of delayed WorldView Legion satellites for January [1279d]
• Warner Bros Discovery revenue falls short of Wall Street's expectations [1279d]
• Coinbase reports plunge in revenue and swings to a loss as investors exit crypto [1279d]
• Twilio tumbles after issuing a soft quarterly revenue projection [1279d]
• 4 of our stocks are in the news. Here's the Club's take on each development [1279d]
• U.S. faces pandemic crossroads with Covid deaths still too high and new omicron variants emerging, Fauci says [1279d]
• Facebook parent company Meta is now the worst performer in the S&P 500 this year [1279d]
• Jeff Bezos is interested in bidding for the NFL's Washington Commanders, reports say [1279d]
• Starbucks is about to report earnings. Here's what to expect [1279d]
• October job growth could be slowest in nearly 2 years, but unemployment remains extremely low [1279d]
• Interest rate hikes have made financing a car pricier — especially if you have bad credit. How much you could pay [1279d]
• 50% of voters say the overturning of Roe v. Wade makes them more eager to vote in this year’s midterm election [1279d]
• Inflation to dampen holiday spending, retail trade group forecasts [1279d]
• NBA Top Shot maker Dapper Labs lays off 22% of workers [1279d]
• Trump advisor Kash Patel granted immunity to testify in Mar-a-Lago documents case [1279d]
• Federal and state spending on 2022 elections set to top $16.7 billion, making them the most expensive midterms ever [1279d]
• Chime cuts 12% of its workforce, adding to recent wave of tech layoffs [1279d]
• Jeff Bezos sued by former housekeeper over working conditions, discrimination by other staff [1279d]
• NBA Commissioner Adam Silver speaks out on Kyrie Irving's antisemitic post [1279d]
• $2 million ranges, deleted job posts: NYC's salary transparency law is off to a rocky start [1279d]
• Stocks making the biggest moves midday: Under Armour, Robinhood, Peloton, Lincoln National and more [1279d]
• Amazon pauses hiring for corporate workforce [1279d]
• We're exiting a semiconductor stock to raise cash in case of a further market downturn [1279d]
• Value investors make a big comeback with one of their best months since 1978 [1279d]
• Lyft cuts 13% of its workforce [1279d]
• Jeep-maker Stellantis expects raw material inflation to ease next year [1279d]
• Major glaciers in Kilimanjaro and Yosemite will disappear by 2050, UN says [1279d]
• CNBC cancels 'The News with Shepard Smith' to refocus on business news [1279d]
• 2 takeaways from our daily meeting: Selling in an overbought market, updates on 3 holdings [1279d]
• Accused Paul Pelosi attacker David DePape could be deported after release from custody, DHS says [1279d]
• Altice USA stock sinks after tough third quarter earnings [1279d]
• UK faces longest recession since records began, Bank of England says [1279d]
• 26 million borrowers have applied for student loan forgiveness. But GOP challenges put plan at risk [1279d]
• What to do if you test positive for Covid right before a Thanksgiving or holiday gathering [1279d]
• Ukraine government is seeking alternatives to Elon Musk’s Starlink, vice PM says [1279d]
• Trump Media deal partner DWAC adjourns shareholder meeting for sixth time as it seeks votes to delay merger [1279d]
• Restaurant Brands' earnings top estimates as sales rise at Burger King, Tim Hortons [1279d]
• Magic mushroom compound psilocybin can help treat depression, study finds [1279d]
• Fidelity to open commission-free crypto trading to retail investors [1279d]
• Stripe plans to lay off 14% of workers [1279d]
• Goldman Sachs seeks to impose order on expanding crypto universe with classification system [1279d]
• Labor costs show slower rise, while trade deficit widens and jobless claims nudge lower [1279d]
• Qualcomm shares fall on weak first-quarter outlook [1279d]
• What Cramer is watching Thursday — No Fed reset, Qualcomm rough guide, iPhone waits [1279d]
• British pound sinks 2% against the dollar after Bank of England recession warning [1279d]
• Fidelity is the latest employer to offer free college education to workers [1279d]
• Nikola's quarterly results beat expectations on deliveries of 63 electric semitrucks [1279d]
• Outgoing Charter CEO Tom Rutledge says in an exclusive CNBC interview that there's 'pain to come' as linear TV gives way to streaming [1279d]
• Gmail has a cool new feature that shows when a package is arriving [1279d]
• Forget about making money. Here’s what it takes to write a book [1279d]
• Former Pakistan PM Imran Khan reportedly shot and wounded [1279d]
• Bank of England raises its benchmark rate by 75 basis points, its biggest hike in 33 years [1279d]
• Op-ed: What Elon Musk really gets out of owning Twitter [1279d]
• Stocks making the biggest moves premarket: Restaurant Brands, Under Armour, Peloton and more [1279d]
• Moderna shares plummet after Covid vaccine maker lowers 2022 sales outlook [1279d]
• Over half of Americans believe that both Democrats and Republicans do such a poor job that a third major party is needed [1279d]
• Peloton reports wider loss, offers weak outlook for holiday quarter [1279d]
• Toho plans to release a new Japanese Godzilla film next year as the monster's audience grows [1279d]
• Restaurant Brands' earnings top estimates as sales rise at Burger King, Tim Hortons [1279d]
• The biggest U.S. airlines are negotiating pilot contracts, and talks are turning rocky [1279d]
• Want to live in a van down by the river? Ford has a new vehicle for that [1279d]
• Turkey's inflation tops 85% as Erdogan continues to rule out interest rate hikes [1279d]
• Singapore wants to be a hub for blockchain in finance, just not speculative crypto trading, MAS says [1280d]
• A submerged buoy-like device is harnessing the sea's 'epic amounts of energy' in Scottish trial [1280d]
• The crisis is over for the British pound, but analysts see further weakness ahead [1280d]
• Op-ed: The U.S. and China should not miss a historic opportunity to save the world [1280d]
• China's Covid controls are pushing companies to diversify away from a 'start-stop economy' [1280d]
• Twitter reportedly ready to cut about 3,700 employees [1280d]
• Fed rate hikes could go even further than expected as Powell commits to stomp out inflation [1280d]
• Biden blames extreme MAGA Republicans for intimidating voters and election officials, calling it 'corrosive' to democracy [1280d]