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As voters head to the polls, Chicago Council on Global Affairs President and CEO Leslie Vinjamuri discusses what voters' concerns could mean for Washington. She weighs the prospect of a Democratic House, congressional efforts to influence US support for Israel and whether Congress can constrain President Trump's decisions on the Iran war.
Meredith Whitney, the CEO of the Meredith Whitney Advisory Group joins Bloomberg Open Interest to talk about how the affordability squeeze is still weighing heavily on lower-income households, even as inflation cools. She discusses why higher rates may do little to ease that pressure, how a stagnant housing market and coming layoffs could deepen concerns, and why investors are questioning whether earnings growth can last.
Apple's 36x forward earnings valuation leaves little room for bad news. Craig Moffett, the Founding Partner and Senior Analyst at MoffettNathanson says slowing services growth, rising memory costs and iPhone supply limits are testing the story. He joins Bloomberg Open Interest to talk about why the new foldable is drawing interest and why it won't solve Apple's bigger ecosystem and growth questions.
A revival of the artificial-intelligence trade sent stocks higher as US voting got underway in the midterm elections. A closely watched gauge of chipmakers climbed 3.5% after a recent selloff fueled by worries the AI spending spree is becoming harder to justify. Joe Quinlan, Chief Market Strategist at Bank of America, discusses the CapEx boom and what questions investors should be asking themselves.
On this episode of Stock Movers: - Shopify (SHOP) shares are plunging after its quarterly revenue missed analysts' expectations for the first time in four years. - Lattice Semiconductor (LSCC) shares are soaring after the chipmaker's outlook showed strong visibility, suggesting robust growth into 2028. - Yum Brands (YUM) shares jumped on "better-than-feared" Taco Bell 3Q sales. RBC says Taco Bell's 3Q comparable sales drop of 4% is better than the buyside feared.
Sysco (NYSE:SYY) reported fiscal first-quarter 2027 sales of $21.7 billion, up 2.8%, while net earnings increased 10.5% to $526 million.
Chegg (NYSE:CHGG) reported third-quarter 2026 revenue of $46.5 million, down 40% year over year, as its homework-help business continued declining.
Giftify (NASDAQ:GIFT) reported third-quarter 2026 net sales of $22.3 million, up 18.8%, as its operating loss narrowed to $1.6 million.
US job openings jumped 333,000 to 7.52 million from a revised 7.19 million in August while factory orders and durable goods orders also rose. Michael McKee reports on "Bloomberg Open Interest."
Xenia Hotels & Resorts (NYSE:XHR) reported third-quarter 2026 revenue of $263.84 million, up 11.6%, as hotel occupancy and room rates increased.
TransAlta (NYSE:TAC) reported third-quarter 2026 net earnings of C$63 million, reversing a C$62 million loss, while reaffirming its full-year outlook.
Waters (NYSE:WAT) reported third-quarter 2026 revenue of $1.767 billion, exceeding its guidance midpoint by $14 million as organic sales increased 9%.
