Financial Performance & Margin Gap - American Airlines' Q3 margin was negative 1%, significantly lagging behind Delta and United, which were around 8% [1] - The company expresses confidence in closing the margin gap with competitors like Delta and United in the coming year [1] Strategic Initiatives & Future Outlook - The company believes it has the most upside potential, partly due to its previous domestic exposure [2] - The company acknowledges that domestic performance did not meet expectations, but anticipates market rebalancing [2] - The company highlights its strength in expense management and efficient capital deployment as key factors for future success [2] - The company's long-term plan includes new city deals, sales and distribution efforts, and network restoration [2] - The company expresses strong confidence in seeing positive results in its numbers, driven by its strategic initiatives [2]

Now, Jed Dorschimer, William Blair analyst, joins us now. He has a market perform rating on Tesla. Um, Jed, what did you make of uh the bottom line here and what do you think it does for investors confidence and and willingness to keep funding autonomous and uh robots.>> I'm still laughing by the hanky panky thing, but uh anyways, I think on Tesla, you know, this this was kind of a you know, this was not a salacious quarter for Tesla. You know, I think um >> you know, on the positive side, Elon called out o ...

Bad bit of bad news for the sector. >> Medical costs not under control here. All right.FBI director Cash Patel and the US attorney in Brooklyn holding a news conference right now related to the NBA and a federal gambling related investigation. Contessa Brewer has been listening in. Uh Contessa has some details.>> Yeah, this one is a doozy here, Mike. Uh what we know is that there are two separate investigations and indictments involving both of them. One is a sports gambling investigation and one is about i ...

Market Overview - The major average is pacing for another winning week, all within 2% of record levels [1] - The S&P has been moving sideways more or less for about a month now, the Ecoeight index for about 2 months, which sets up well for a year-end rally [4] - The market is facing a carousel of concerns, including tariff frictions, credit hiccups, and questions around AI bubble or momentum stock breakdown [1][2] Investment Strategy & Sector Analysis - The most important factor of this bull market still remains profits, with forward earning estimates moving higher for the overall market [3] - The defining theme of this bull market is still AI and tech, and the earnings momentum still remains with large cap tech [8] - There's rotation within the MAG7 stocks, with money not leaving the market but rotating through the other MAG7s [9] - The weekly sentiment data show more bears than bulls, indicating it's far from euphorium [7] Commodities - The firm was previously more positive on gold but recently stated the risk/reward was less compelling, as gold became the most stretched to the upside relative to its trend since 2006 [10] - The firm still likes gold structurally and believes it still has a place in a portfolio, but a short-term pullback consolidation is likely [11] Economic Factors - The Fed is likely to cut rates next week, and the market has a rate cut next week completely baked in, probably another one after that [12][14] - The 10-year Treasury is hovering around 4%, about 75 basis points off the highs [14]

And joining us now for a first CBC interview is incoming CEO. I I like this guy Gopalan. And we saw you before >> uh with Mike Siver.Uh I know this you could argue that this is a joint effort quarter, but can you explain to people why the the metric that people should be looking at is different from the one that they're using. >> Look, uh Jim, this quarter has just been incredible, right. uh the uncarrier uh T-Mobile has been the growth driver and this quarter we had more new customers than ever in our hist ...

Government Spending & Policy - A clean, nonpartisan Continuing Resolution (CR) was proposed, maintaining the status quo of Biden-era policies and spending [1] - The proposed CR is a 24-page document designed to keep everything at the current status [1] - Republican appropriators aimed to restore regular order in appropriating funds to better manage taxpayer dollars in a bipartisan manner [2] - The CR aimed to provide seven more weeks (until November 21st) for appropriators to complete their work without partisan priorities [3] Political Dynamics - The current situation is described as unprecedented, with a party potentially shutting down the government over a clean, nonpartisan CR [4] - There is a lack of room for negotiation, as no Republican priorities were added to the CR [5] - The CR is presented as a good-faith effort to allow appropriators more time to finish their job [5]

Business Strategy & Market Positioning - The company views the sports and media industry as misunderstood and mispositioned, highlighting the scarcity of assets like sports teams akin to artwork [2] - The company focuses on subscription-oriented business models with recurring revenues, leveraging national league revenues and generating local revenues [3] - The company aims to operate like a best-in-class software services company, emphasizing R&D and long-term customer contracts with built-in escalators for predictable revenue [8][9] - The company prioritizes authenticity and local fan engagement, focusing on a specific market (Richmond, Virginia to Delaware) rather than geographically diverse holdings [13][14] Financial Performance & Valuation - The company's sports and media empire is valued at $10 billion [1][3] - The company is experiencing double-digit revenue growth, projecting $700-750 million in revenue this year [35] - The company anticipates a $100-125 million uplift in revenue upon the opening of the new building [34] - The company projects $1 billion in revenue in three years with $600 million of debt [36] Liquidity & Future Plans - The company is acting like a pre-IPO company to address liquidity concerns for partners and their estates [26][29] - The company is focused on future-proofing and digitizing the business, including investing nearly $1 billion to renovate the building [17][32] - The company is building a digital means to distribute its product, aiming to leverage more programming and inventory [14]

We have volumes of ideas that we literally have published to bring down the cost of health care and stop the madness. Um, we have to build consensus around those to get it done. But I'll give you a quick example.In the big beautiful bill, in the working families tax cut that we passed and got signed into law July 4th, we included in the House version of that bill the cost sharing reductions model. It would have brought premiums down 12% uh for the average uh uh uh American and it would have saved taxpayers ...

one. There's no one who knows more than George Kurts uh who is CEO of Crowd Strike and I can't believe we are lucky to have you. George is it's great to see you first of all and you're doing a lot of terrific stuff and I think you've become one of the great maybe the great spokesperson for an industry which cannot be uh which is front page everywhere and yet sometimes you have an outage like AWS and but no one wants to know whether it was cyber attack.Well, when you look at technology and you look at how in ...

U.S. Attorney’s Office in Brooklyn, New York, and FBI Director Kash Patel hold a press conference after Portland Trailblazers head coach Chauncey Billups and Miami Heat player Terry Rozier were arrested in gambling probes on Thursday. Billups and Rozier were separately arrested Thursday morning in connection with federal investigations into gambling, a law enforcement official told CNBC. Former NBA player Damon Jones was also arrested in Las Vegas as part of the investigation, an FBI spokesperson told NBC N ...