Business

Billionaires are spending huge amounts of money to support Cuomo

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🚀 Discover this trending post from Business News 📖 📂 Category: 💡 Main takeaway: A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide for the high-net-worth investor and consumer. subscription To receive future issues, directly to your inbox.Super PACs supporting Andrew Cuomo and opposing Zahran Mamdani in the New York City mayoral race have raised more than $40 million, with millions coming from prominent billionaires and family dynasties, according to election filings.New York billionaires Bill Ackman, Ronald Lauder, William Lauder, Barry Diller and Dan Loeb have made large donations to a…

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Chipotle stock fell after its third-quarter earnings report

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💥 Discover this must-read post from Business News 📖 📂 Category: 💡 Here’s what you’ll learn: The Chipotle logo is displayed on a sign in a store on June 1, 2025 in Washington, DC.Kevin Carter | Getty Imagesshares Chipotle Mexican Grill It fell as much as 19% in morning trading Thursday after the company cut its full-year same-store sales forecast for the third straight quarter.Including Thursday's move, the stock is down 45% this year, dropping its market value to nearly $43 billion. At least five Wall Street analysts lowered their price targets for the stock following the report, anticipating investor…

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Michael Dell and Jim Breyer back startup Harbor Health

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✨ Read this must-read post from Business News 📖 📂 Category: ✅ Key idea: Dr. Clay Johnston, co-founder and chief medical officer of Harbor Health.Courtesy of Harbor HealthA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide for the high-net-worth investor and consumer. subscription To receive future issues, directly to your inbox.When tech founder Michael Dell and his wife, Susan, founded their namesake medical school at the University of Texas at Austin, their mission was to promote value-based health care, a model that rewards providers for better patient outcomes.The hard part wasn't…

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Comcast (CMCSA) Q3 2025 earnings

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🔥 Check out this must-read post from Business News 📖 📂 Category: ✅ Here’s what you’ll learn: Comcast It topped Wall Street's third-quarter earnings and revenue forecasts on Thursday, but revealed widespread pressures at its broadband unit that spooked investors. The company said it lost 104,000 domestic broadband customers during the period, bringing its total subscriber base to about 31.4 million. This marks the fourth straight quarter that Comcast has failed to grow its broadband customer base. Earlier this year, the company outlined initiatives aimed at driving broadband growth — a cornerstone of Comcast's business — as it faced intense…

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Eli Lilly (LLY) Q3 2025 earnings

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✨ Check out this insightful post from Business News 📖 📂 Category: 📌 Main takeaway: David Rex, CEO of Eli Lilly & Co., during a press conference at Generation Park in Houston, Texas, US, on Tuesday, September 23, 2025. Mark Felix | Bloomberg | Getty ImagesEli Lilly On Thursday, it reported third-quarter earnings and revenue that beat estimates and raised its full-year outlook, as the company continued to see strong demand for blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro.The company's shares rose 5% in pre-market trading Thursday.The pharmaceutical giant now expects its fiscal 2025 revenue to be between…

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Merck (MRK) Q3 2025 earnings

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✨ Discover this insightful post from Business News 📖 📂 Category: 📌 Here’s what you’ll learn: Merck On Thursday, it reported third-quarter earnings and revenue that beat estimates as it saw strong demand for its cancer immunotherapy Keytruda.The drugmaker also narrowed its full-year earnings forecast to reflect lower estimated tariff costs, among other factors. Merck shares fell more than 2% in premarket trading Thursday. Keytruda sales topped $8 billion for the first time in a quarter, up 10% from the same period last year. Revenue from the drug of $8.14 billion came in slightly below analysts' expectations of $8.24 billion,…

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International Restaurant Brands (QSR) earnings for Q3 2025

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💥 Check out this insightful post from Business News 📖 📂 Category: 💡 Here’s what you’ll learn: A general view of the Tim Hortons Drive-Thru Café and Restaurant at Lakeside Retail Park on February 5, 2024 in Grays, UK.John Cable | Getty ImagesInternational restaurant brands On Thursday, it reported quarterly earnings and revenue that beat analysts' expectations, helped by growth in its global restaurants and Tim Hortons.Combined, the two divisions account for nearly 70% of the company's profits, according to CEO Josh Kobza.Shares of the restaurant brands rose 3% in premarket trading.Here's what the company reported compared to what Wall…

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Are you tired of market fluctuations? Buffett’s 90/10 rule helps you stay calm

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🚀 Read this insightful post from Investopedia | Expert Financial Advice and Markets News 📖 📂 Category: Warren Buffett,Business Leaders,Business 📌 Key idea: Financial headlines have been mixed this year. Stocks in the world's largest companies have repeatedly experienced significant fluctuations. Experts warn of an AI stock bubble ready to burst. Your portfolio can feel like it's on a roller coaster. You are worried that your investment portfolio may collapse with the upcoming market fluctuations. But Buffett's 90/10 rule could serve as a motion sickness pill on the stock market's next wild ride. This simple strategy calls for investing 90%…

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Fed Faces Tough Choices as Powell Acknowledges Policy Divisions

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🔥 Explore this insightful post from Investopedia | Expert Financial Advice and Markets News 📖 📂 Category: Economic News,News ✅ Here’s what you’ll learn: Read Fed Chair Powell's Opening Remarks 12 hr 18 min ago The Federal Reserve releases a transcript of the chair's opening remarks. Here is an excerpt: "My colleagues and I remain squarely focused on achieving our dual mandate goals of maximum employment and stable prices for the benefit of the American people. Although some important federal government data have been delayed due to the shutdown, the public- and private-sector data that have remained available suggest that…

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Google Parent Alphabet just achieved a major revenue milestone. Her stock is jumping

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💥 Read this insightful post from Investopedia | Expert Financial Advice and Markets News 📖 📂 Category: Tech Sector News,Company News,News 📌 Main takeaway: Key takeaways Third-quarter results for Alphabet, Google's parent company, beat Wall Street estimates, with revenue surpassing the $100 billion mark for the first time. All sectors of the company, including its search engine service. Recorded revenue growth of at least 10% year-on-year.Search growth is important for Google, with some saying the company's business may slow due to the popularity of ChatGPT and other chatbots. Alphabet (GOOGL)'s third-quarter results beat analysts' expectations, as the tech giant's revenue…

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