our silvana henao is here. with more hey, silvana. >> we have lots to cover another fed official is speak out on the fed's rate hike strategy minneapolis fed president is sticking with husband hawkish tone saying the fed may need to push its benchmark policy rate if inflation does not stop rising most central bank policy makers expect the rate to rise currently from 3.25% to between 4.5% and 5%. shares of asml holdings on the rise after reporting better than expect third quarter results the company, europe's largest tech company and a key supplier to key manufacturers topping expectations with sales, profit, and record new bookings. asml adding it does not exact a large impact from u.s. chip sanctions on china >>> hong kong is planning to spend billions to attract businesses and top talent. john lee making his first policy address since taking office in july has announced the government will set aside $3.8 billion as part of its plan. it will also allow certain foreign talent to be eligible for a two-year pass

let's check the numbers with our friend silvana. >>> good morning. i'm silvana henao from cnbc. wall street is set to open slightly lower after stocks posted solid gains for a second straight day. they did close off highs of the session. positive earnings from lockheed martin helping in choppy trading. in focus today data on housing starts and earnings from procter & gamble. shoppers plan to adjust their holiday spending strategy to deal with the impact of inflation on their wallet. deloit is out with its annual survey and spending is set to be flat with an average over $1,400 per household. consumers expect to buy fewer gifts and are getting an early start worried about high prices and items being out of stock. turkey prices are 73% higher than last year. analysts say they could stay that way through thanksgiving, and that's largely due to the spread of bird flu but this year cases started showing up in july. commercial producers have had to kill tens of thousands of birds to contain the virus leading to lower supply. higher feed cost and labor shortages are also factors. the u

. >>> let's get to the top stories with silvana henao good morning, silvana. >> dom, shares of weber surging ahead of the open after bdt c capital reported 88% of shares it doesn't already own the offer represents a premium to the monday closing price. weber had been mentioned as a meme stock after the high short interest >>> adidas plans to end the partnership with kanye west following a slew of offensive behavior from the rapper and designer according to bloomberg, the company may announce the move as early as today if confirmed, adidas will join the gap in cutting ties with west the rapper who now goes by ye has made numerous statements including anti-semitic social media posts and moved to cut ties with corporate partners the adidas ye line accounts for 8% of the company's total sales. >>> the s.e.c. is charging cronos group and former executive with accounting fraud. accusing them of improperly booking sales and overstating revenue by the millions. they settled the matter without admitting the matter >>> silvana henao, thank you very much for the headlines. >>> breaking news. we

let's check in with silvana. >>> good morning. i'm silvana henao from cnbc. wall street is set to open, the consumer price index is expected to have picked up from august but moderate from a year ago. we get the latest read tomorrow. the market giving up begins as the bank of england says it stabilizes bonds and the pound is ending this week. the dow managing to stay slightly positive. the s&p 500 and nasdaq fell for the fifth straight day. also in focus today earnings from pepsico with investors listening for comments on supply chain issues and consumer demand. workers at an amazon warehouse in southern california have filed a petition with the national labor relations board to form a union. it would be the first time amazon employees in california have held a union vote. workers are seeking to be represented by the amazon labor union, the group which organized a facility in staten island earlier this year. workers in albany, new york, will begin voting on whether to join that union. twitter is reviewing policies around permanently banning users that would p

silvana henao is here with the latest great to see you, too, silvana >> here is the latest. elon musk and twitter looking to reach agreement to end litigation in the coming days and clear the way to close the revived $44 billion take private deal that is according to reuters amid the efforts to end legal proceedings, the two sides agreed to postpone musk's courtroom deposition originally scheduled for today. the judge overseeing the case says she is still preparing for trial. we're following new developments around the price of the deal in the weeks leading up to the tuesday announcement, "new york times" announced musk and his team tried to revive the deal as much as 30% which would value twitter at $30 billion in the past week, the discussions narrowed that to 10% which would have allowed musk to pay $39.6 billion for twitter which has a market cap of $39.3 billion. those talks ultimately did not move forward another sticking point financing. reuters reporting apollo and six street partners part of the original private deal are no longer in talks with musk about providing

silvana, good morning. >>> good morning. i'm silvana henao from cnbc. stocks are pointing to a mixed open for wall street. major indices were mixed in yesterday's session with the s&p and nasdaq posting back-to-back losses. the dow saw its fifth straight positive session boosted by gdp data that hinted inflation may be waning. today investors will be paying close attention to earnings results from chevron and exxon mobil and data from the personal consumption index, a key inflation indicator for the federal reserve. amazon issuing a disappointing fourth quarter forecast and missing revenue estimates in its latest earnings report. it's the second time this year amazon's results have been disappointing enough to spark a double digit percentage fell sof. like the rest of big tech, amazon has had a rocky year as they battle macroeconomic head winds coupled with a slowdown if retail business as more consumers return to shopping in stores. >>> and beer is on pace to lose its leading share of the u.s. alcohol market to spirits. according to the report by the d

which is where it was before thank you very much, geoff >>> let's get to the other top stories with silvana henao good morning >> dom, good morning facebook and instagram parent meta platforms is planning to close the new york city office as it looks for new ways to cut costs of the according to bloomberg, the company will terminate at 225 park avenue and consolidate at hudson yards and penn station this follows theplan to freeze hiring and restructure teams they are off 60% from the recent 52-week high. >>> the white house is preparing export controls on semiconductors and machines used to make them according to the wall street journal, this is the latest push by the biden administration to deny china the ability to make faster and more cutting edge computer chips if confirmed, it will add to restrictions for exports when it comes to chips used for a.i. officials are weighing more chinese technology companies to the commerce department black list. >>> and shares of credit suisse bouncing back in a very big way after falling 12% yesterday on fears over its long-term financial viability. des

his words not ours silvana henao is here with the story. >> happy friday, frank twitter is now owned by elon musk with sources telling cnbc the sale has closed. among the first order of business is the firing of ceo and finance chief and head of legal policy musk is expected to assume the role of interim ceo. he may appoint someone else in the long term. musk send out a tweet reading the bird is free it is not just the ousting of the old guard. musk intends to do away with permanent bans on users, meaning people will be allowed to return a category of users that would include former president trump it is unclear if trump would be allowed back on the platform in the near term. frank, according to bloomberg, musk is asking engineers from tesla to meet with twitter to address the code >> a lot to watch there. >> absolutely. >> elon musk walking in the building with a kitchen sink >> we are all worried about that >> see you later on. >>> turning our attention back to the markets averages wrapping up a volatile week of trading with alphabet and meta and amazon, investors are looking at $8

i'm silvana henao from cnbc.l street is set to open lower adding to yesterday's losses, the dow falling 250 points while the nasdaq dropped 1% to close at a two-year low dragged down by semiconductor tip stocks. investors weighing comments from jpmorgan ceo jamie dimon who tells cnbc the u.s. will likely fall into recession over the next six to nine months. he says markets could drop another 20% depending whether the federal reserve can engineer a so-called soft or hard landing. dimon does say companies and consumers are in much better shape financially than during the financial crisis in 2008. >>> meta platforms is holding an event today where it's expected to show off new products including a high-end virtual and augmented reality headset. ceo mark zuckerberg will give the keynote address. the event comes at a critical time as the parent company of facebook and instagram has seen its stock fall. amazon's second prime day event of the year starts today, boosting sales which have declined for two great quarters a

silvana henao is with us.ood morning. >> twitter is reviewing policies around permanently banning users and caught be bringing its content moderation more in line with musk's platform as any policy change would unlikely bring former president trump back to the platform since twitter is not considering reversing plans issued for breaching policies against inciting violence. >>> intel is reportedly planning to fire thousands of workers by the end of this month, according to bloomberg layoffs will coincide with the company's scheduled earnings release. intel has around 121,000 employees worldwide. its stock is down more than 50% over the past 12 months. >>> and amazon workers at a warehouse in southern california have filed a petition to form a union with the nation labor relations board. the warehouse staff located in moreno valley are looking to align themselves with the amazon labor union. that's the same group that claimed victory at an amazon warehouse in staten island, new york should it pass, this will be

hooens silvana henao is here with the latest >> good morning, dom elon musk is denying reports he is planning to layoff twitter employees prior to november 1st to avoid stock payouts musk ordered the cuts across the company with some teams hit harder than others and layoffs would take place before november 1st when employees were expected to receive stock grants as part of the compensation package. twitter is revising the process without giving details according to multiple reports, twitter is considering charging for the blue check mark for $4.99 a month and other reports stating $19.99 a month this may be coming at the right time as advertisers begin to rethink the plans to work with twitter. late friday, gm said it is temporarily halting advertising on the platform as it quote engages with twitter to understand the direction of the platform under new ownership p speaking of new direction. moo elon musk is expected to bring back vine as a competitor to tiktok musk already garnering more than 1.6 million votes, dom i remember vine. i thought it was pretty fun. >> we'll keep an eye o

silvana henao is here with those. silvana, good morning. >> good morning.'s bid to buy twitter is in the home stretch banks have started sending musk the $13 billion they are providing to back his takeover late tuesday, the tesla ceo se a borrowing notice twitter employees have been told they will hear directly from musk tomorrow. the deadline to close the deal tomorrow further signs the deal is close to done, musk visited the office yesterday tweeting a video walking in carrying a sink in twitter hq saying let that sink in he changed his headline to chief twit >>> and c-suite shuffle with merck and new ceo with robert davis. >>> skechers says it was forced to escort kanye west from the los angeles office the footwear maker said it made the move after the rapper and designer who now goes by ye showed up unannounced. skechers saying it is not considering and has no intention of working with west it condemns his recent remarks and does not tolerate anti-semitic speech. west faced continued fallout over the anti-semitic remarks with several companies condemnin

let's check on the top stories with silvana henao hi, silvana. >> dom, let's start with c coinbase iten light it will allow the crypto exchange to offer digital payment token products in singapore. coinbase calls the approval a milestone saying singapore is a strategic market and hub for web 3 innovation >>> cathie wood's ark snapping up adobe wood's next generation internet etf is buying more than 23,000 shares of adobe yesterday. the same fund buying 23,000 shares on september 19th before the recent purchase, ark was holding less than 12,000 shares of adobe since the middle of last year. >>> elon musk accusing twitter of ordering the whistleblower to destroy evidence musk claimed the social platform told the head of security to get r rid of the information the report says musk's claims came before he revived the deal to buy twitter >> silvana henao with the latest thank you very much. >>> still on deck for the show the latest on the escalating situation in ukraine as the u.s. vows new support in that country's fight with russia. >> announcer: today'si big number $43 billion. that wa

silvana is here with that. good morning. >> reporter: amazon is pulling its plug on the device for kids. it will no longer offer the amazon glow. it was revealed more than a year ago at amazon's hardware event it comes as they curb spending amid an economic downtown. celsius has lost another executive. its co-founder and chief strategy founder has stepped down according to sources. leon's exist comes a week a week after the ceo resigned. >>> and juul is expected to start talk with lenders as soon as this week to get companies together for a bankruptcy filing it's received requests from lenders. previous reports suggested juul was working with its legal advisers amid a dispute with the fda over whether it can keep its e-cigarettes on the market, dom. >> silvana, thank you. >>> when we come back here, the markets are rallying, but the rally looks at risk as the futures look at an end to big gains. lay out whether stocks are finding fresh legs or this is perhaps another bear market bounce >>> plus elon musk revers

. >>> leltst's get a check of thep stories iwith silvana henao >> the chinese semiconductor is getting hit hard on the back of the announcement from the biden administration on the export rules on chips the move by the white house is aimed at slowing beijing technology and military advances following the friday announcement, you see steep drops with the ishares falling 6% speaking with china. tesla notching a new record for sales. selling 83,000 vehicles in september. 8% increase since august this comes amid easing supply chains in china following the lockdowns in shanghai. china's byd continues to lead the ev market with 200,000 vehicles sold last month >>> shareholders of the spac looking to take former presiden trump's social media platform public that vote will decide whether to push the deadline for digital media to september of next year. a similar vote last month failed to get 65% investor support to finalize the deal. dom. >> silvana henao, thank you. >>> investors waking up with whiplash following the relief rally following three straight days of losses still the averages post

silvana henao has that story >> seema, good morning the biden administration is considering subjecting musk's deal and purchase of twitter to national security review bloomberg reporting u.s. officials have become concerned in recent weeks by the rush of friendly tweets and cut offs of the starlink satellite in ukraine. investors include a saudi crown prince and crypto exchange and qatar sovereign wealth fund of the deal one option from the report could be the committee on foreign investment in the united states. separately, reports this morning are musk's lawyers are preparing paper work to be completed ahead of the october 20th deadline and relations with musk and twitter have turned cordial. >> thank you >>> back to the broader market and growing expectation for continued hawkish moves by the federal reserve to get inflation under control. investors expect the central bank to raise rates to 5% next year that is up from expectations of hiking to just over 4.5% before the release of the cpi data last week some think that terminal rate could be higher like larry summers who tweets the

silvana henao is here with more on that story. >> lots going on listen to this in a surprise move, a delaware judge ordering a temporary halt to the lawsuit against elon musk postponing the trial in what is seen as a victory for team musk. the ruling comes with strings attached in the order, the judge says musk must close the deal by october 28th at 5:00 p.m. eastern time or face a november trial. earlier in the day, musk's legal team had asked twitter to end all litigation to close the deal a request twitter refused to accept from team musk, twitter will not take yes for an answer astonishingly, they persist this reckless deal. in response, twitter says in part, on the eve of trial, defendants declare the intent to close after all. trust us, they say we mean it this time musk's proposal is an invitation to mischief and delay. >> a stock to watch. we'll see you soon. >>> to another developing story and a big money mover is credit suisse making more moves to reassure shareholders and clients. julianna tatelbaum has more from london >> seema, good morning the twists continue this morni

está la vuelta de la esquina esto debido a la alta inflación nombre extranjero tiene esto y más yo silvanas puntos mientras que (nombre extranjero) fue más del 2% y nombre extranjero cayó un 3% si piensas regalar dulces para este halloween prepare su cartera ya que le saldrá más caro esto aumentó un 13% es el mayor aumento anual de la historia la mano de obra al igual que el alza de los precios los esenciales de los dulces han causado que halloween sea una víctima más de la inflación por otro lado la membresía esta nuevamente disponible y esta vez a un costo más bajo volviéndola con 90 inhibidores al año mientras tendrán un 5% de descuento en viajes al igual que tres cancelaciones gratuitas en los beneficios estos cambios llegan luego de que aumentara su tarifa de viajes para solventar los crecientes costos de los seguros automovilísticos este es el informe telemundo el plan para mejorar la calle (nombre extranjero) ha sido puesta en marcha tendrá que realizar mañana 5 millones de dólares crecieron de fondos federales que estaban destinados al proyecto que se viene probando desde 2019 y pr

. >>> tesla shares on the move our silvana henao is here with details. good morning >> good morning, frank shares of tesla falling on the back of the mixed report earnings of 1$1.05 a share. tesla with the guidance and expecting to achieve 50% annual growth in vehicle deliveries the company is growing increased cost of raw materials and strengthening dollar impacting sales abroad that is cutting into profits musk said there is excellent demand for the fourth quarter. the company is pushing forward despite recession fears. >> we are not reducing our production in a meaning thful w. recession or not recession i would say it is recession resilient because basically the people have made their decision to move from gas cars to electric cars. >> tmusk touching on the deal to take twitter private saying he was excited about the pending agreement all they he and other investors are overpaying for it as he describes it, frank. a lot going on in elon's world >> thank you for highlights. thank you. >>> turning attention back to the market chicago fed president char

visited spain, france, met with manila micron, that is, in this context, the election of volodya silvana post of president of brazil is positive for ukraine, at the same time, the power promotes the so -called polycentric system of the world order, which assumes that there should be several centers of power in the world and brazil actually claims such a position, i.e., one of the world leaders, and in this strategy, in fact, this strategy involves the creation of many third-party formats of cooperation one of these is brics, actually da silva was one of the initiators of this format, and from this we can conclude that the essential strategy towards russia will not change, also because russia is a significant trade partner for brazil, especially in the field of agriculture, brazil imports a significant share it is good for diesel fuel, it is unlikely that brazil supports the sanctions policy precisely for these reasons, therefore it can be said that the policy of the new or the new old president of ukraine or russia will not change significantly. should we expect any statements at the g2

. >>> let's get a check on some of your top morning stories silvana henao here now good morning. >> goodto begin trading today after its initial public offering topped expectations, the company mobileye shelling 20 shares raising $861 million. they were expected to price for 18 to $20 each it will trade under the nasdaq under the symbol mbly. >>> apple says it will comply with a new european union law over its stations. the president saying the tech giant will follow a ruling by eu ministers earlier in the week ordering they by 2024, ele electronic devices will need to support usb-c charging >>> and the fallout continues for kanye west of his recent wave of anti-semitic comments. foot locker is the latest. the company is pulling shoes from his yeezy brand from its shelves. mean wheel rams' doon ald, celtics' brown will leave the sports agency owned by ye. seema? >> thank you. >> you've got it. >>> back to this morning's top story, picking up. the google parent company issues third quarter results missing on the top and bottom line. revenue growth slowing to its lowest level since the sta

. >>> good morning, i'm silvana henao. wall street is set to open lower. dow falling 250 points. dragged down by tip stock. comments from jamie dimon tells cnbc the u.s. will likely fall into recession the next six to nine months. however, dimon does say companies and consumers are in much better shape financially than in 2008. bumble is bringing an element of "ted lasso" to life. banter acts like a blind date. users must first connect through text messages. it will hold a banter event every thursday night through the end of the year. you'll be connected to someone based on your search preferences and will chat for three minutes. if you match you can see their photos. shoppers could see major discounts. adobe says price cuts could be as much as a third or more for gift items. adobe he can inspects consumers will see a drop for television, appliances, clothes and sporting goods. kris and laura, get shopping. >> i have to make my list first. >>> next time you are in the drive-through lane, think of this next story. >> the average time spent at fast food rest

let's get an opportunity to check in with business and silvana. >> good morning, i'm silvana henao from cnbc. wall street set to open higher. a report is expected to show inflation rose a slightly faster face last month than in august due to rising rents but moderated a touch from a year ago. stocks slipping yesterday following the release of the minutes from last month's federal reserve meeting. they show the central bank expects to keep hiking interest rates until it sees inflation drop. also in focus today jobless claims and earnings from delta airlines and walgreens. >>> tiktok's parent company bytedance is in talks with music labels to expand the streaming service to compete with spotify. they eventually want the service to be integrated with tiktok. the streaming service is currently available in more than a dozen markets including india and brazil and bytedance wants the service to be available worldwide so users can discover songs on tiktok and easily subscribe to music. >>> millions of social security recipients will learn today just how much of a boost they will get in their b