Tesla shareholders to vote on Elon Musk's $1T pay package, Why markets are at all-time highs

Group 1: Kimberly Clark and Ken View Acquisition - Kimberly Clark announced its acquisition of Ken View for a total enterprise value of $48.7 billion, marking its entry into the consumer health space [1][2][6] - The acquisition will provide Kimberly Clark access to other well-known consumer brands, including Listerine mouthwash and Neutrogena lotions [3] - Following the announcement, Ken View's stock surged approximately 15%, while Kimberly Clark's stock experienced a decline [7] Group 2: Market Overview and Economic Indicators - The NASDAQ opened with a 1% increase, while the Dow remained flat and the S&P 500 rose by about 0.5% [4] - Key economic reports to watch include the ADP jobs report, with predictions of 45,000 jobs added in October, and upcoming ISM and jobless claims reports [5][6] - The S&P 500 has surged 18% since the Trump administration took office, ending October at an all-time high [12] Group 3: Government Shutdown and Economic Impact - Goldman Sachs indicated that the government shutdown may persist for a few more weeks but could conclude before Thanksgiving, with missed payments for air traffic controllers and food stamps potentially pressuring lawmakers [10] - President Trump expressed no urgency to end the shutdown, highlighting the stock market's record performance and new investments supporting the economy [11] Group 4: AI and Market Dynamics - The market's resilience is attributed to strong employment figures and optimism surrounding AI, which is seen as a key driver of the S&P 500's performance [16][18] - Analysts noted that the ongoing AI boom is influencing market valuations, with significant investments in AI infrastructure from major companies [19][56] - Concerns were raised about the sustainability of the AI boom and potential disappointments in AI adoption impacting the broader economy [60]