The federal government has been shut down for nearly a month, and the economic effects are mounting. IBM vice chairman and former NEC director Gary Cohn discusses the health of the economy, corporate earnings, and how the AI boom is reshaping the labor market. Then, early voting is underway in the New York City mayoral race. CNBC’s Robert Frank reports on the billionaires and businesses that are spending millions to defeat Zohran Mamdani. Plus, CNBC’s Kristina Partsinevelos has the latest on AI-related layo ...

Here is the question of the morning. Are AI layoffs real or are they a scapegoat for what's going on uh in the employment picture in this country. Christina Partzine joins us now with that story.Good morning. >> Good morning, Andrew. Well, Amazon, Cheg, Microsoft, Meta, Salesforce, the list continues.Tech companies just are cutting tens of thousands of jobs and some of them some of them are blaming AI. But at Nvidia's GTC in DC yesterday, top CEOs were telling us something completely different about what's ...

Here is the question of the morning. Are AI layoffs real or are they a scapegoat for what's going on uh in the employment picture in this country. Christina Partzine joins us now with that story.Good morning. >> Good morning, Andrew. Well, Amazon, Cheg, Microsoft, Meta, Salesforce, the list continues.Tech companies just are cutting tens of thousands of jobs and some of them some of them are blaming AI. But at Nvidia's GTC in DC yesterday, top CEOs were telling us something completely different about what's ...

Core Insights - Alger Weatherbie Specialized Growth Fund's third-quarter 2025 investor letter indicates that equity markets are on an upward trend, with the S&P 500 Index increasing by 8.12% during the quarter [1] - The fund's Class A shares underperformed compared to the Russell 2500 Growth Index in the same period [1] - Impinj, Inc. (NASDAQ:PI) is highlighted as a key stock, showing a one-month return of 30.51% and a 52-week gain of 17.95% [2] Company Performance - Impinj, Inc. reported a market capitalization of $6.862 billion as of October 28, 2025, with shares closing at $235.89 [2] - The company specializes in RAIN RFID technology, which aids in item tracking across supply chains, and is well-positioned for growth as item-level tracking adoption increases [3] - Impinj's fiscal second-quarter results exceeded expectations, contributing positively to its stock performance, alongside an improved outlook for the third quarter [3] Financial Metrics - Impinj, Inc. recorded revenue of $97.9 million for the second quarter, marking a 32% sequential increase but a 4% year-over-year decrease [4] - The company is experiencing ongoing progress with large enterprise rollouts and pilot programs in food and grocery sectors [3]

Core Points - Eviden has been awarded a €12 million contract by NATO to modernize the communication systems for the Spanish Air and Space Force [1][2] - The project will enhance operations at Air Traffic Control towers across various air bases and is scheduled for completion within 18 months [2][4] - The new communication systems will be mission-critical, operating continuously and supporting various operations, including the transport of key government officials [4][5] Project Details - The modernization project includes the deployment of several hundred civilian and military radio systems at 35 locations, ensuring comprehensive coverage across Spain [2][3] - The communication systems will consist of VHF and UHF equipment, including transmitters, receivers, and management software [3][5] - The systems are designed to remain in service for at least 20 years, with full support provided throughout their lifespan [6] Company Background - Eviden, part of the Atos Group, operates in 36 countries and generates approximately €1 billion in revenue, focusing on advanced computing, cybersecurity, mission-critical systems, and Vision AI [9] - The company has established a strong presence in the defense sector, delivering innovative technological solutions to strategic institutions [7][8] - Atos Group, the parent company, employs around 67,000 people and has an annual revenue of approximately €10 billion, positioning itself as a leader in digital transformation [10]

【#AI热潮是泡沫吗##比尔盖茨说AI价值堪比互联网#】隔夜，美股主要指数全面走强，再创历史新 高。除了英伟达和诺基亚的合作外，隔夜盘中，微软和苹果公司的市值均触及4万亿美元。此外，隔夜 吸引市场目光的要数OpenAI完成了期待已久的重组。分析指出，这次OpenAI的重组对微软而言是一场 胜利。要知道，微软最初投入的资金仅130亿美元，如今这27%的股份估值已达到1350亿美元。[话筒]在 这股AI热潮下，隔夜有多位业界知名人士就AI泡沫的风险分享了看法。微软公司创始人比尔·盖茨指 出，AI是其一生中最重大的技术革命，"人工智能的影响极其深远 ，因此很难说它的重要性被夸大了。 AI的价值极高，就像当年互联网的价值一样。"此外，知名科技投资人凯茜·伍德隔夜接受CNBC采访时 直言，自己不认为AI领域有泡沫。[话筒]不过，CNBC的最新调查则显示出了另一番图景。CNBC十月 美联储调查显示：受访者普遍担忧AI股票被高估了。55%的受访者认为AI概念股"有一些被高估"，而 24%则认为AI股票被"极度高估"了。平均而言，受访者认为AI股票的估值被高估了大约20%。（央视财 经） ...

Investment & Market Impact - Nvidia plans to invest $1 billion in Nokia [1] - Nokia's shares experienced a significant increase following Nvidia's investment announcement [1] - Nvidia's shares also increased [1]

Core Insights - International Business Machines Corporation (IBM) is recognized as one of the 10 Best Rising Dividend Stocks to Buy Now [1] - IBM has a strong history of adapting and evolving within the technology sector, currently focusing on advanced technologies such as quantum computing and cloud computing, which are essential for the AI industry [2] Financial Performance - In the first half of 2025, IBM's revenue reached approximately $32 billion, reflecting a 4% increase compared to the same period in 2024, with an 8% rise in the second quarter [3] - Operating income increased by 14% year over year in the first two quarters of 2025, although net earnings fell by 5% to $3.2 billion due to higher income tax expenses [3] Cash Flow and Dividends - IBM projects a free cash flow of $13.5 billion for the year, up from $12.7 billion the previous year, significantly exceeding the $6.2 billion expected for dividend payments [4] - The company has maintained a record of 30 consecutive years of dividend growth, currently paying a quarterly dividend of $1.68 per share, which translates to a yield of 2.11% as of October 28 [4]

Group 1: Market Performance - Global stock markets are experiencing significant growth, with the UK's FTSE 100 reaching an all-time high of 9,645.62 on 24 October 2025 [1] - The FTSE 100 has surged by 18.02% year-to-date, outperforming the S&P 500 Index (+15.5%) and the Dow Jones Industrial Average (+11%) [2] - The tech-heavy Nasdaq Composite has shown the highest return since the end of 2024, gaining 20.2% [2] Group 2: Investor Sentiment - The strong performance of the FTSE 100 reflects investor confidence and positive market sentiment, with analysts recommending the London Stock Exchange Group (LSEG) as a key buy [3] - LSEG's shares rose nearly 5% to £9,796 following robust income growth reported in Q3 2025 [3] Group 3: Dividend and Buyback Opportunities - UK investors are expected to benefit from substantial financial gains this year, with total cash payouts from the FTSE 100 projected to reach £79.4 billion and an additional £50.9 billion allocated to share buybacks [5] Group 4: US Market Dynamics - The US stock market's bullish momentum is driven by major technology stocks, referred to as the 'Magnificent Seven,' including NVIDIA, Microsoft, and Apple [6] - Optimism in the technology sector is fueled by increasing investments in artificial intelligence (AI) and innovation, suggesting sustained gains for these stocks [7] Group 5: Geopolitical Factors - Geopolitical tensions and trade disputes, such as the recent 10% tariffs imposed on Canada, pose risks to market enthusiasm [9] - However, both the FTSE 100 and Wall Street have shown resilience amidst these global tensions, supported by strong corporate earnings and favorable inflation rates [11] Group 6: Future Outlook - The Federal Reserve is expected to announce a potential interest rate cut on 29 October 2025, which could further support equities [12] - Market analysts predict a rate cut in December, contributing to a bullish outlook for the FTSE 100 and Wall Street [13]

The Federal Reserve’s Jerome Powell is on deck Wednesday, where rate cuts are all but expected. But after the closing bell, it’s big-tech earnings. - MarketWatch photo illustration/Getty Images, iStockphoto It’s hard to overstate just how crucial Wednesday could be for the stock market in its final leg of this year. Major U.S. equity indexes already zoomed to fresh record highs this week ahead of the Federal Reserve’s expected decision to cut rates on Wednesday, with a batch of a major tech earning set t ...