Treasury yields rose across the curve after the US Senate advanced a plan to end the longest government shutdown in history https://t.co/LjzRxbXR9K ...

BREAKING: The US Senate votes 60-40 to advance a bill to end the government shutdown https://t.co/bkcLnMDOL1 ...

Market Overview - The ASX is expected to open with a 25-point increase, influenced by positive sentiment from U.S. markets amid hopes of a government shutdown resolution [1] - The U.S. economy has faced stagnation during the shutdown, but optimism is beginning to emerge [2] U.S. Market Sentiment - Wall Street shows excitement following President Trump's announcement of potential $2,000 payouts funded by tariffs, although details remain unclear [3] - All three major U.S. indexes ended Week 44 lower, with the Nasdaq dropping 3% and the S&P 500 declining by 1.6% [3] Australian Economic Indicators - Key statistics to watch this week include Westpac's and NAB's consumer confidence reports, along with Australian employment figures [4] Company News - ANZ Group (ASX:ANZ) reports a 14% decline in cash profits due to redundancy costs, legal penalties, and intense competition in retail banking [5] - A2 Milk (ASX:A2M) is expanding its partnership with China State Farm to include English-label infant formula for eCommerce [5] - Woodside Energy (ASX:WDS) faces a potential strike at its $12.5 billion Pluto LNG facility expansion, with 2,000 workers voting for wage increases [6] - Moho Resources (ASX:MOH) has commenced its first drilling at the Bush Chook project [6] - Barrenjoy has raised the target price for James Hardie (ASX:JHX) to $31 [6] Commodity Market - The Australian dollar is trading at 64.8 U.S. cents [7] - Iron Ore prices have decreased by 2.4% to $101.45 per tonne, while Brent Crude has seen a slight increase of 0.4% to $63.63 per barrel [7] - Gold remains stable at $4,005 per ounce, and U.S. natural gas futures have dropped by 1% to $4.31 per gigajoule [7]

uh on the phone by former Senator Claire McCascal, of course, an esteemed MSNBC analyst, political analyst. Um Senator, I understand you have some inside information on what might be going down as we're looking at the Senate floor right now. Yes, I believe that you're going to see the Democrats meeting in caucus yet today and as soon as tonight or in the morning, I believe there will be somewhere between 10 and 12 Democrats that will vote uh to reopen the government and to extend government funding for a fe ...

Group 1: US Political Landscape and Economic Concerns - The potential government shutdown could severely disrupt US air travel during the Thanksgiving holiday, affecting millions of travelers and the economy [2][8] - Bipartisan discussions are ongoing in the Senate to find a resolution to prevent a prolonged government shutdown [3][8] Group 2: Corporate Acquisitions and Tech Sector Moves - Rumble Inc. (RUM) is pursuing an all-share offer to acquire Northern Data AG, a German data center company, with a proposed valuation below its current market capitalization of $894 million [4][8] Group 3: Middle East Diplomacy and Regional Tensions - Jared Kushner is in Israel to meet with Prime Minister Netanyahu regarding the Gaza agreement, amidst reports of an Israeli airstrike in Southern Lebanon [5][6][8] Group 4: Iraq's Electoral Process - Iraq's Supreme Security Committee for Elections praised the recent electoral process, noting a special voting turnout ratio exceeding 80% and describing the elections as the best in terms of security and execution [7][8]

Air Traffic Disruptions - Air traffic control staffing shortages caused a 90-minute ground stop at Chicago's O'Hare airport [1] - More than 5,000 delays occurred coast to coast at Newark Liberty airport [2] - Over 1,000 flights were canceled for the second consecutive day [3] - Airlines are cutting 4% of flights at 40 major airports due to strain on air traffic controllers working without pay [3] Safety and Operational Concerns - The National Air Traffic Controllers Association warns of growing safety risks due to the shutdown [4] - The union indicates it will take time to get all controllers back in place even after the government reopens [6] Travel Alternatives and Impact - One-way car reservations are up more than 20% compared to last year, indicating a shift to road travel [5] - Mandated cancellations are set to hit 10% and could potentially jump to 15-20%, threatening Thanksgiving travel [5] - Nearly 1,000 cancellations are already lined up for the next day, potentially marking the third consecutive day of cancellations at that level [6]

Let's talk about this with ranking member of the House Intelligence Committee, Democratic Congressman Jim Heims of Connecticut. Uh he is also a member of the Financial Services Committee. What are your thoughts on this.Does this seem like a reasonable offer. And do you have any expectations that Republicans, when we understand, will be taking to the bottom of the hour in about 45 minutes and have a conference to go over what has been offered. That's something they'll accept and reopen this government.>> Yea ...

Airline Industry Impact - The Trump administration is implementing a plan to reduce traffic at 40 US airports by 10% [1] - The reduction will begin with a gradual cut of 4% of flights for the first four days [1] - United Airlines has already cancelled 188 flights, and Delta has cancelled 170 flights for tomorrow [2] - United, American, Southwest, and Delta are offering refunds to impacted passengers [3] Contributing Factors - The FAA states the measure is proactive to ensure flyer safety amid air traffic control staffing issues exacerbated by the government shutdown [2] - The air traffic control staffing issues are a result of 37 days of no pay, adding to an already fragile system [2] Government Shutdown Implications - A judge has ordered the administration to fully fund the SNAP program by Friday [4] - Senate is planning a procedural vote that could potentially end the shutdown [5]

Group 1: Market Overview - The US stock market is experiencing a decline, with the Dow down nearly 300 points, approximately 0.61% [2] - The tech-heavy NASDAQ is leading the sell-off, with significant drops in large-cap tech stocks [3][5] - Qualcomm shares fell by 1.8% following earnings, while AMD saw a larger decline of about 5% [4] Group 2: Earnings Season Insights - Many tech companies are beating earnings estimates but still seeing stock price declines, indicating high investor expectations [6][12] - Qualcomm's recent earnings report did not provide additional details on a new data center chip, contributing to the stock's negative reaction [9] - Super Micro reported a 15.8% quarter-over-quarter growth in the semiconductor industry, but its stock fell due to design issues [21] Group 3: Warner Brothers Discovery - Warner Brothers Discovery reported a third-quarter loss of $148 million on $9 billion in revenue, with a 6% decline in revenue [33][38] - The company is planning to split into two entities by mid-2026, while also exploring strategic alternatives, including potential sales [35][36] - The studio and streaming businesses are seen as high-growth areas, generating nearly $4 billion in EBITDA, while the TV networks face challenges [41][49] Group 4: AI and Semiconductor Sector - The AI trade remains strong, with companies like Qualcomm, AMD, and Nvidia positioned to benefit from AI infrastructure investments [14][31] - Investors are encouraged to consider buying dips in semiconductor stocks, as earnings beats can lead to lower valuations if stock prices do not react positively [16][17] - The focus is shifting towards AI-powered infrastructure, including energy and networking opportunities [30][31] Group 5: M&A Activity - SoftBank is reportedly considering acquiring Marll Technology to combine it with ARM, indicating potential consolidation in the semiconductor space [24][25] - Marll is viewed as undervalued compared to peers, making it an attractive target for acquisition [25] Group 6: Supreme Court and Tariffs - The Supreme Court is hearing arguments regarding the legality of President Trump's tariffs, which have generated nearly $200 billion in revenue [74][120] - A ruling against the administration could lead to economic uncertainty and impact growth and hiring [120]

Joining us now, Democratic Congresswoman of Massachusetts, Ayanna Presley. It's good to see you again, Congresswoman. And I wonder, what's it like working alongside a trailblazer like Nancy Pelosi.The good, the bad, and the ugly. Well, it's being proximate to someone who leads with grit, who leads with grace, uh who is an effective and brilliant strategist, who has never forgotten her why. Uh I am I count my myself very fortunate uh to have um been able to um to be in close proximity to her and she has insp ...