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November 3, 2025 Trader at the New York Stock Exchange. new york stock exchangeThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five important things investors need to know to start their trading day.1.Impact valueShares sold off yesterday on investor concerns about the valuation of artificial intelligence companies. The losses were led by Palantirwhich fell 8% during the session despite Monday’s strong earnings report.Here’s what you need to know:Valuation concerns are nothing new for Palantir, which currently trades at a forward price-to-earnings ratio of 254. For comparison, Nvidia’s forward price/earnings ratio is 35.…
london — It took just 11 minutes from the time British police received an emergency call about a stabbing on a London-bound train until the suspect was arrested. Officials said 11 victims were hospitalized in the attack, including one railroad worker who was in critical but stable condition. Officials said the casualties would have been worse had it not been for the actions of “heroic” railway staff who tried to stop the attackers on the train and the train driver who arranged for the train to be diverted to a nearby station. The high-speed London North Eastern Railway (LNER) train,…
Voters cast their ballots on Tuesday, November 4, 2025, at the Ida Lee Recreation Center polling place in Leesburg, Virginia, USA. Graham Sloan | Bloomberg | Getty ImagesIn the closely watched Virginia gubernatorial race, Democrats appear to be benefiting from a small but determined group of voters who have negative views of both major parties, according to NBC News exit polls.Democrats’ advantage among dissatisfied voters mirrors trends seen in other races, including Tuesday’s New Jersey gubernatorial race and New York’s mayoral race, NBC reported.According to an NBC poll, 41% of Virginia voters have a favorable view of Democrats only, and…
The Trump administration is working on a U.N. Security Council resolution to send multinational forces to Gaza to uphold a U.S.-brokered ceasefire, according to people familiar with the plan. Officials said details of a temporary security force responsible for demilitarizing Gaza and training a new Palestinian police force were being discussed as part of work on the resolution. U.S. forces will not participate in the Gaza ground forces, but will instead act in a coordinating role outside the territory. The official said an early draft of the resolution was shared with other members of the Security Council. The creation of…
When Jerry Turner visited his wife Teresa Nist in New Jersey, he slept on the couch.Once Jerry and Teresa got married, she showed no signs of wanting to be together as a couple in any fantasy suite. When he visited her in New Jersey a week after taking his vows, he admitted that he felt “like an intruder in her home, like I didn’t belong.” The feeling was even greater when she asked him to sleep on the couch since she had a busy day in the morning. “The words that came out of my mouth were, ‘Yeah, no problem,'”…
The Portuguese soccer superstar made the comments on a British TV talk show.Published November 5, 2025November 5, 2025Click here to share on social mediaShare 2shareCristiano Ronaldo has said he will retire “soon”, with the 40-year-old admitting it would be difficult to end his illustrious career as he has been planning his life after football for some time.The Al Nasr striker is the all-time leading scorer with 952 goals for club and country. He said last month that he aims to score 1,000 goals before he quits playing the game.Recommended stories list of 3 itemsend of listWhen asked when he would…
The SoftBank logo displayed at a press briefing regarding SoftBank’s new services held in Tokyo on January 15, 2018. Kazuhiro Nogi | AFP | Getty ImagesShares of Japan’s SoftBank Group Corp. closed 10% lower on Wednesday as AI companies widened their losses as investors wary of overvaluation in the market’s busiest trade.SoftBank, which had built a broad portfolio of AI-related investments across infrastructure, chip and application companies, lost about $23 billion in market capitalization. It was the group’s worst day since April, when its shares plunged more than 12%, according to LSEG data.SoftBank owns a controlling stake in UK-based Arm…
A number of voice-based hardware devices are emerging that are aimed at peer relationships, productivity, and personal growth. These include Plaud and Pocket card-like devices. Friend, Limitless, Taya pendant. And Bee wristbands, which are now part of Amazon. Now, two former Meta employees who worked in interface design have launched Sandbar, a startup that created a ring called Stream for a similar purpose. The company calls this ring a “voice mouse.” Because this ring can take notes, help you interact with an AI assistant, and even control your music. Sandbar’s CEO, Mina Fahmi, has extensive experience designing human-computer interfaces. He…
Chinese EV company Xpeng unveiled its latest humanoid robot in Guangzhou on November 5, 2025.CNBC | Evelyn ChenGuangzhou, China — Chinese electric car company Spen plans to launch robotaxi next year after unpacking its latest humanoid robot model, having previously claimed it would not become a real business in the near future. Xpeng’s technology push mirrors one of its major rivals teslaThe company, headquartered in Guangzhou, China, is trying to position itself as more than just an electric car company. The company announced Wednesday that it will launch three robotaxis models as part of “AI Day.” These vehicles will use…
Joe Bei, co-chief executive officer of KKR & Co., attends the Global Financial Leaders Investment Summit in Hong Kong, China, Tuesday, November 4, 2025. Bloomberg | Getty ImagesPrivate equity fund managers are bracing for a wave of consolidation as investors seek higher returns and stronger governance and are forced to weed out a crowded industry, multiple industry veterans said at a high-level financial summit in Hong Kong on Tuesday.”Why are there more private equity funds in North America than there are McDonald’s franchises,” Joe Bay, co-chief executive officer of KKR&Co, said Tuesday, noting there are about 14,000 fast-food restaurants and…