Author: Editor-In-Chief

“Isn’t it interesting?”This is the famous line uttered by Russell Crowe with his character Maximus Decimus Meridius in Gladiator, questioning why the audience reacted so subdued after such a dramatic show. There was certainly nothing to silence the reactions of England and Australia fans on a frenetic day in the latest Ashes match. The public watching on television in Perth and around the world were reasonably entertained. The pre-game excitement was even greater than that. This was Test cricket on fast forward, even by England standards. image: England captain Ben Stokes took five wickets at Optus Stadium to reduce Australia…

Check out the companies that made the biggest moves midday: Oracle — AI stocks fell 4% as investors remained concerned about AI-related valuations. These declines compounded weekly losses for Oracle and Nvidia. Bath & Body Works — The retailer fell 5%, joining a 24.8% plunge from Thursday, as analysts around Wall Street downgraded the stock. Morgan Stanley and Goldman Sachs were among the companies that downgraded Bath & Body Works a day after the company reported weaker-than-expected third-quarter results. QuidelOrtho — The diagnostic products maker rose 11% after CEO Brian Blazer disclosed a purchase of 23,500 shares. AZENTA — Shares…

Ukrainian President Volodymyr Zelenskiy says he is working on a proposal from the United States to end the Russia-Ukraine war, as Kiev faces increasing pressure from Washington and continued attacks by Russian forces on the battlefield nearly four years after the conflict began.President Zelensky said on Friday that he had discussed U.S. President Donald Trump’s plans in a telephone conversation with French President Emmanuel Macron, British Prime Minister Keir Starmer and German Chancellor Friedrich Merz.Recommended stories list of 3 itemsend of list”We are working on a document prepared by the American side. This must be a plan that guarantees a…

manila, philippines AP — A Philippine court on Thursday convicted a former mayor, whom authorities say is Chinese, on human trafficking charges for helping set up an illegal online gaming facility in a northern province where hundreds of Chinese nationals and other foreigners were forced to commit fraud. The Pasig City District Trial Court in Metro Manila sentenced Alice Guo, along with seven other Filipino and Chinese co-accused, to life imprisonment, and ordered each to pay a fine of 2 million pesos ($34,000) and restitution to several trafficking victims who filed complaints. Guo denied all charges against her and said…

Ben Stokes was described by Ben Duckett as being in “beast mode” in the run-up to the Ashes, and the England captain lived up to expectations with an extraordinary fightback in the first Test. Stokes’ hopes of becoming only the fourth captain in the past 50 years to lead England to an Ashes series victory in Australia appeared to be under immediate threat on the opening day in Perth, but despite choosing to bat first, he was bowled out for just 172, less than 33 overs later. Mitchell Starc recorded career bests of 7-58 on a pitch dubbed the “Green…

The U.S. Bureau of Labor Statistics is the primary federal agency responsible for measuring labor market activity, working conditions, and price changes in the economy.Bill Clark | Getty ImagesThe U.S. Bureau of Labor Statistics has announced it will no longer release the Consumer Price Index for October, leaving the Federal Reserve without important inflation data to consider when it next sets interest rates on Dec. 10.The agency announced on its website that the CPI data, which was scheduled to be released on Nov. 7, has been canceled because the government shutdown has prevented the BLS from “retroactively collecting” some of…

A sign with the company’s logo stands outside Eli Lilly’s headquarters on March 17, 2024 in Indianapolis, Indiana.Scott Olson | Getty ImagesEli Lilly reached a market capitalization of $1 trillion on Friday, becoming the world’s first healthcare company to join the exclusive club dominated by technology companies.Eli Lilly briefly reached the $1 trillion mark in morning trading, but has since fallen. The stock last traded at around $1,048 per share. Eli Lilly becomes the second non-tech company in the US to reach the coveted $1 trillion mark, after Warren Buffett. Berkshire Hathaway.The company’s stock has risen more than 36% this…

This 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. From hero to zeroIn the end, the market recovery that stock investors had hoped for after Nvidia’s financial results did not materialize. After opening yesterday’s trading high, the stock fell dramatically during the day, again raising questions about artificial intelligence trading.Here’s what you need to know:Nvidia The stock gave up a 5% post-earnings gain and closed more than 3% lower despite the chipmaker’s blockbuster quarterly results and guidance. AI Darling stock is…

WASHINGTON, DC – Yuri Novak, executive director of Israeli human rights organization B’Tselem, is issuing a warning to politicians in the United States and around the world: The Israeli-Palestinian situation is “dire.”Despite a U.S.-brokered ceasefire and a reduction in Israeli attacks on Gaza, Novak told Al Jazeera this week that the situation is more dangerous than ever.Recommended stories list of 3 itemsend of list”What we want to warn you is that we have not seen the worst yet,” she said, stressing that Israel must take responsibility for human rights violations in the Gaza Strip.Over the past two years, numerous human…

Finnish startup NestAI has raised 100 million euros (approximately $115 million) in a funding round led by Finnish sovereign wealth fund Tesi and hardware giant Nokia to develop AI products for use in driverless vehicles, autonomous driving, and command and control platforms. NestAI also partnered with Nokia to build AI products for defense applications and develop “physical AI” that uses large-scale language models and related technologies for robotics and other real-world applications. Co-founder Peter Sahlin said at technology conference Slush 2025 in Helsinki that the funding will help NestAI build “Europe’s leading physical AI lab.” Physical AI is a growing…