i'm tyler mathisen with your cnbc news update for this hour.ense minister has been fired. prime minister benjamin netanyahu, whose office today said the prime minister fired gallant saying there was a crisis of trust between the two. netanyahu has named the current foreign affairs minister to replace gallant. >>> at least 18 state and the district of columbia have the national guard on duty to support election security today, including battle ground states such as arizona, north carolina, and pennsylvania. in total, about 350 troops will work cybersecurity and law enforcement to support this general election. >>> meta will extend its ban on political ads after today's election. it was supposed to expire just before midnight but will stay in place a little longer to prevent confusion from spreading. google also blocking election ads until polls close tonight. kelly, back to you. >> very different than in the past, as deidre has been reporting. tyler, thank you very much. tyler mathisen. >>> the focus for big tech has been finding ways to monetiz

i'm tyler mathisen with your cnbc update.ly notifying the united nations today that it's ending relations with the u.n. relation for palestinian refugees. the israeli government passed legislation to ban the agency from operating within the country. critics have warned that the move could stop the flow of humanitarian aid into gaza. >>> meantime an ohio jury found a former columbus police officer guilty of murder and other charges in the 2020 shooting of andre hill. the officer adam coy testified that he thought hill was holding a gun when he shot him. prosecutors say hill was holding a cell phone and keys, and was complying with the officers' commands. coy now faces at least 15 years in prison. >>> and in spain, anger and frustration boiling over as crowds threw mud, objects and insults at king felipe vi as he and the queen toured the town in the valencia region hit with historic flash flooding that killed more than 200. spain is bracing for more heavy rain today. kelly, it's not just in spain. it's all across much of europe

i am tyler mathisen with your news update this hour.nary investigations are underway into how two undersea cables carrying internet data in the baltic sea were severed earlier this week. european governments are suggesting sabotage as the motive and the danish military says it's monitoring a chinese flagged cargo ship. data from maritime tracking service, vessel finder, reportedly showed the ship in the area around the time the cables were damaged. >>> california election officials announced today that voters rejected a measure on the november ballot that would've raised the minimum wage to $18 an hour by 2026. opponents of the measure, including the california chamber of commerce said it would've led to higher taxes and pushed businesses to cut jobs. >>> uber is looking to cash in on the thanksgiving travel rush. the ride-share travel service unveiled uber xl rides to and from 60 global airports. they promise a larger trunk space for families juggling a lot of luggage as a travel for the holidays. back to you. >>> thank you, see you ne

. >>> welcome back to "the exchange," everybody, i'm tyler mathisen.hway administration has approved new york city's congestion pricing plan. it begins just after midnight on january 5th. the plan will charge most motorists a reduced rate of $9 to enter midtown manhattan and lower, but it isn't a done deal yet. there are at least nine lawsuits pending over the plan. that $9 is down from something like $16 that they were proposing some months ago, but it's up from zero. >>> hyundai and kia are recalling more than 208,000 electric vehicles in the u.s. that could lose power. regulators say the vehicles' charging control units could get damaged and stop charging the battery. the recall affects some ionic 5 and 6 vehicles and luxury genesis ev variants from 2022 through 2025, as well as 63,000 kia ev models from '22 to '24. >>> and after bringing news to new yorkers for 50 years, the legendary anchor chuck scarborough is stepping down. at the end of his 6:00 p.m. newscast on thursday, the celebrated anchor said his last broadcast will be december 12th, but

alongside kelly evans, i'm tyler mathisen.es, we have a huge rally on wall street following donald trump's election victory. all three averages at record highs. over the next hour we'll look at stocks and sectors making big move, and asking if there's a one-day rally or if there's more to come. to me it seems a factor of two things, the idea that the trump administration already business friendly, de-regulatory, and he relief that people feel there was a resolution. >> this is the kind of uncertainly -- certainty they didn't want. the nasdaq and russells were up about 4%, 5%. incredible. bitcoin soaring to a new record and getting back up to 75 and then some this afternoon, so it's picking up more momentum. exactly what the crypto community is looking for or thinking will happen? we have a fed decision, just to make it even richer this week, coming tomorrow as yields have soared since the last meeting, which was a 50 base-point cut. we start with the huge rally on weight after donald trump is elected president now for a second

alongside kelly evans i'm tyler mathisen. two big earnings stories today. target losing 20% after a rough report. nvidia on tech after the bell. we will talk a little more about the target one that is major. >> 20% drop especially after a day walmart did so well in grocery and eneral merchandise. a little bit easier for bit coin hitting an all-time high just shy of 95,000. a few weeks ago 300,000 was set to be a reasonable target. he has raised that. >> beat and raise is what you call that. he's going to 400,000. he will join us. shares of comcast are slightly higher after making official what was announced in the last earnings call and that's that the company will spin off most of its cable networks including this one into a new standalone company including cnbc along with msnbc. >> i need some deep thoughts on this critical juncture for this company. >> it's a reflection of the changing dynamics in the media business and the fact that a lot of the cable networks have depended on subscription revenues for the majority of their revenues. that number is comi

alongside kelly evans i'm tyler mathisen. glad you could be with us.. the dow negative, but by ever so slight a margin as you see. had been down 450 points earlier in the session. the fears of escalating tensions with russia sending investors to seek safety, gold jumped this morning, but is pulling back now. this is all related to the u.s.'s permission to use long

>>> welcome back to "the exchange," everybody i'm tyler mathisen with your cnbc news update israeli militaryf beirut overnight, destroying buildings in several neighborhoods. there you see the video, according to lebanon's state-run national news agency lebanese officials did not share casualty numbers there the strikes. the israeli military says the attacks hit hezbollah weapons manufacturing sites and command centers. >>> wendy's will close 140 of its underperforming locations, saying it will open a similar number of new locations where it believes it will bring in more customers. they have about 6,000 stores and building up to 300 new ones with an updated look. >>> this year's world series had the best ratings in seven years. the five-game series averaged more than 15 million viewers its best performance since 2017, when houston defeated the dodgers in seven games the dodgers clinched the series with a 7-6 win on wednesday. los angeles will host a victory parade for the dodgers which kicks off in about 30 minutes. i think the ratings were even higher in japan than they were here in the un

alongside kelly evans i'm tyler mathisen. glad you could be with us.he s&p and the nasdaq are now higher. the dow negative, but by ever so slight a margin as you see. had been down 450 points earlier in the session. the fears of escalating tensions with russia sending investors to seek safety, gold jumped this morning, but is pulling back now. this is all related to the u.s.'s permission to use long-range, highly powerful missiles that could strike russian territory and, in fact, did earlier today. >> and bitcoin is at a record high. i'm not sure that's exactly related to that overall theme, but it's happening nevertheless. options on one of the top etfs are beginning to trade. that could be a catalyst. we saw bitcoin rise above 93,000 almost touching 94 a few moments ago. walmart is higher giving a boost to the dow after they beat on earnings and raised guidance and making more money on commerce and inroads with higher income customers. >> any time you got a beat and raise whether poker or walmart you have a good thing going. meantime a lot of focus o

alongside kelly evans i'm tyler mathisen. we're joined by sir rat seti.e are focusing on your investments being with stocks. higher again. the dow leading once again all three averages higher by nearly 2% for the week getting close to those all-time highs. serrat what do you make of this? 2% gains this week. there was a little bit of a breather post-election, but back on track. >> what i like most about this is the rotation. if you look the dow is up 0.8 today, the s&p lower nd the nasdaq lower and that's ha we need. the market as we know has been driven by a handful of stocks but if you get the other participants, the non, you know, top seven -- >> financials, health care. wherever it happens. >> industrials. financials have done well leading the way. >> yeah. >> health care sold off with rfk. consumer staples have sold off. so those are areas where we could see opportunity. industrials are doing strong, energy doing strong. i think the broader market doing better is really go od for the overall market, more capital flowing to the market. today nvidia is

. >>> now to tyler mathisen for the cnbc news update. >> kelly, thank you very much.n troops have engaged in combat for the first time in russia. two u.s. officials tell reuters the troops were in combat on november 4th. earlier this week, the pentagon said at least 10,000 north korean troops were in the region. >>> arizona voters approved a ballot measure that would give state and local law enforcement more power in immigration issues. it allows state and local law enforcement to deliver migrants to federal custody, if convicted of entering the country illegally. >>> and the massachusetts state supreme court is hearing arguments today in karen reed's effort to dismiss murder charges related to the death of her police officer boyfriend. reed's lawyers argue the charges of second degree murder and leaving the scene should be dismissed because of double jeopardy. a retrial is set for january but both have asked for april. kelly, back to you. >>time, see you soon. thank you very much. >>> still ahead, under a gop controlled fcc, wells farg o sas it's the most obvious tar

welcome to "power lunch" alongside kelly evans, i'm tyler mathisen. nice to have you with us on this monday. markets, a little bit higher today as stocks settle down after a couple of wild weeks. big post-selection rally and a pullback after last week. we'll talk about where we go from here. the dow industrials off ever so slightly. the broader markets as measured by the s&p, a little bit higher. a little bit, maybe, of more calm breathing. >> normalcy, it feels like. maybe not for tesla, though, that is jumping today on reports that the trump team is going to ease rules for self-driving cars. analysts are quite excited about it. the shares are up 5%. uber and lyft are lower on this news, by about 6 and 5%. >> why would uber and lyft go down on this? >> i've been thinking about this all day long. to me, uber is a derivative play of autonomy, they're either partnering with waymo or at some point benefitting from it. you think they would -- i feel like they should all be trading up in sympathy, even if it's a little bit of a longer run. >> it feels if t

i'm tyler mathisen with your news update at this hour. the pentagon said it is reviewing the ruling today after a military judge ruled wednesday to move ahead with accepting guilty pleas from the three alleged 9/11 conspirators in exchange for life sentences. the judge said that the defense secretary lloyd austin acted too late and overstepped his authority when he rescinded those plea deals. >>> australia is proposing new legislation that would ban children under the age o from using social media. the country's prime minister said the legislation will be introduced during the last two weeks of its session later this month, and if it passes, it will go into effect 12 months later. during that time, facebook, tiktok and x would need to figure out how to exclude australian children. >>> this morning, crews cut down the massive norway spruce that will become the focal point of the rockefeller center christmas festivities. the 11-ton tree is 74 feet tall, 43 feet wide and scheduled to be delivered to manhattan this saturday ahead of the tree

alongside kelly evans, i'm tyler mathisen. good to be with you. good to be with everyone.s are solidly on in the green on this election day. the dow the worst performer shy of 1% gain. there you see it moving higher. s&p is higher by 1% and the nasdaq the biggest gainer. that's a little relief that finally this election is getting done. >> you know, there's optimism across the board. i keep joking no one is talking about the circumstance ms services report. it was strong. >> they're not talking about that. how did that getover shadowed by anything. >> it's not catching on but it's there and it was strong. >>> if you reflect on the past four years you probably think tech is outperforming everything else more than half of components during the s&p energy sector have doubled during that time. >> this is a point rich bernstein made yesterday if you had gone with the conventional wisdom in election after election after election, you would most often have been wrong. this was an example of that. bitcoin jumping today, getting back above 70,000. former president trump is seen as

. (♪♪) >>> welcome back to the exchange, everybody, i'm tyler mathisen.nt, duarte said she contracted an assassin that killed the country's president, his wife and the speaker of the house of representatives in the case, she, herself, is killed. in case, she, herself is killed, excuse me. the president in question called the threat a criminal plot, and vowed in a public televised statement to fight it. the threats were set off by congressional decision to detain her chief of staff, who is accused of interfering with an inquiry in the possible misuse of funding. >>> new york city hotel rates rose to an average of $417 a night in september. that's the highest sort of monthly rate ever recorded by the city by the analystics company, costar, since it began tracking back in 1987. the only place with more expensive hotels in september, see if you can guess this. maui. and long-time game show host, chuck woolery died over the weekend. he helmed the original love connection and wheel of fortune before reinventing himself as a concerted podcaster. cohost of the po

alongside kelly evans i'm tyler mathisen. so glad you could join us. stocks are lower today to start off, well, let's call it a big week for the markets. big week for the country. maybe even the globe. but off the worst levels of the day. election tomorrow. fed meeting on thursday. so the agenda, kelly, is full. >> you know, i love watching this play out tick by tick. you can overlay the predicted odds or pick your favorite platform or whatever. the one you hate the least. with what's going on in the market. djt shares are now up i think 13%. the 10-year is five bips away from going positive on the session. harris came into the trading session with all of this momentum, and now in the afternoon hours we see that trading. so we're just watching all of this play out. literally tick by tick. it's very fun honestly. some big changes are coming to the dow as well. on friday nvidia and sherwin williams will join the index. intel and dow inc. are coming off. >> the dow jones gets a fresh coast paint here i guess. >> and loses the dow component that always mad

i am tyler mathisen with a cnbc news update. earlier this afternoon, israeli president herzog met with president biden at the white house, which herzog said was productive. the leaders discussed the conflict in lebanon, the hostages still held by hamas and humanitarian aid in gaza. israel must boost aid to gaza or face a u.s. pullback on military support. fire crews continue to battle wildfires in parts of new jersey fueled by drought. the largest fire is the jennings creek wildfire which has grown to 3500 acres and is only 20% contained. we don't get this kind of stuff in new jersey! national weather service warned that wind gusts up to 35 miles per hour passing through the region today could increase the risk of the fire is spreading. >>> starting today, anyone in los angeles will be able to use the waymo robotaxis, that includes the 300,000 residents, who have been on the company's waitlist. los angeles home to more than 3.8 million people, join san francisco and phoenix as the third city where the alphabet owned waymo has ma