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Plus: Federal regulators are investigating Tesla’s self-driving software after a fatal crash. And U.S. Cellular sells hundreds of millions of spectrum licenses to Verizon. Danny Lewis hosts.
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Plus: Main commercial banks in China cut their deposit rates for a second time this year. And, Hyundai Motor’s India unit is set to raise more than $3 billion in the country’s largest IPO. Kate Bullivant hosts.
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Plus: Shares of Travelers help push the Dow to a new record. Several chipmaker stocks rise after Taiwan Semiconductor Manufacturing reports strong AI demand. J.R. Whalen reports.
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Plus: U.S. retail sales rose in September, beating expectations. The European Central Bank lowered its interest rates to counteract flagging growth. J.R. Whalen hosts.
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Plus: Elon Musk taps a close confidant for a top executive role at Tesla. And, TSMC reports record net profit, boosting chip stocks. Kate Bullivant hosts.
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Plus: Morgan Stanley shares reach an all-time high after the bank reports strong earnings. Shares of nuclear power companies surge after Amazon said it would work with utilities to explore deploying small modular reactors. J.R. Whalen reports.
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Plus: Novavax says the FDA rejected its combination Covid-19 and flu vaccine because of a “serious adverse event” in a clinical-trial participant. Elon Musk’s SpaceX sues California regulators for voting down a request to allow more of the company’s rocket launches there. J.R. Whalen reports.
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Plus: Jeep maker Stellantis says deliveries fell 20% in the third quarter. And, shares in Louis Vuitton maker LVMH slump after disappointing earnings. Kate Bullivant hosts.
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Plus: Apple shares rise after the company launched a new iPad Mini that is built for use with Apple Intelligence AI tools. Global oil prices decline after Israel assured the Biden Administration that it wouldn't target Iran's oil or nuclear facilities in a planned attack. J.R. Whalen reports.
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Plus: Goldman Sachs reports a sharp increase in quarterly earnings. UnitedHealth warns its 2025 financial results will likely fall short of Wall Street’s early expectations. J.R. Whalen reports.
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