Author: i2wtc

Voters cast their ballots at a polling station at the Ida Lee Recreation Center in Leesburg, Virginia, US, on Tuesday, Nov. 4, 2025. Graeme Sloan | Bloomberg | Getty ImagesIn Virginia’s closely watched gubernatorial race, Democrats appear to have benefited from a small but decisive bloc of voters who harbor unfavorable views of both major political parties, according to NBC News exit polls.That Democratic advantage there among disaffected voters mirrors trends seen in other contests Tuesday, including the New Jersey governor’s race and the New York City mayoral election, NBC reported.In Virginia, 41% of voters said that they had a…

Pedestrians carry Cava bags along Wall Street near the New York Stock Exchange (NYSE) in New York, US, on Monday, Aug. 18, 2025. Michael Nagle | Bloomberg | Getty ImagesCava on Tuesday cut its full-year forecast for the second straight quarter as younger consumers visit its restaurants less frequently.”When you look at different age demographics of fast casual, the 25- to 34-year-old consumer seems to be impacted a bit more than others, and fast casual tends to have a higher concentration of those consumers within their guest portfolio,” CFO Tricia Tolivar said in an interview, adding that the company saw…

Opposition alliance calls amendment a threat to Pakistan’s foundation, vows to block itDeputy Prime Minister and Foreign Minister Ishaq Dar addresses the National Assembly session. Photo: Facebook/ File Deputy Prime Minister and Foreign Minister Ishaq Dar reaffirmed the government’s commitment to introducing the 27th Constitutional Amendment, stressing that the initiative is entirely government-led and “not being parachuted from anywhere.” Clarifying the government’s position on the proposed amendment and addressing questions about its origin, he emphasised that the initiative is entirely government-led. “This amendment belongs to the government, and it is the government’s responsibility to bring it forward,” he said during a…

CNBC’s Jim Cramer suggested Wall Street is too fixated the on large valuations of certain tech and speculative stocks, chalking up Tuesday’s market-wide decline in part to Palantir’s nearly 8% loss despite strong earnings results.”The larger issue is that we’re at the moment where money managers, when asked if the market’s too expensive, immediately think of the high-flying speculative stocks or those in the high-growth artificial intelligence column, and so they warn you away from the entire asset class,” he said. “These guys don’t think of the other 334 stocks in the S&P 500 that sell for less than 23…

Fire and smoke mark where a UPS cargo plane crashed near Louisville Muhammad Ali International Airport on Nov. 4, 2025 in Louisville, Kentucky. Stephen Cohen | Getty ImagesA UPS plane crashed shortly after takeoff on Tuesday around 5:15 p.m. local time after departing from Louisville Muhammad Ali International Airport in Kentucky, the Federal Aviation Administration said.UPS said in a statement that there were three crewmembers on the plane. “At this time, we have not confirmed any injuries/casualties,” the company said.The Louisville Metro Police Department said on X that it was implementing a shelter-in-place order near the crash site and that…

Charles Liang, CEO of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on June 5, 2024.Annabelle Chih | Bloomberg | Getty ImagesSuper Micro Computer shares plunged as much as 10% in extended trading on Tuesday after the server maker issued weaker-than-expected results for the fiscal first quarter.Here’s how the company did in comparison with analyst estimates compiled by LSEG:Earnings per share: 35 cents adjusted vs. 40 cents expectedRevenue: $5.02 billion vs. $6 billion expectedRevenue fell 15% from $5.94 billion a year ago, Super Micro said in a statement. The report comes about two weeks after Super Micro…

A gas cylinder has exploded in the basement cafeteria of the Supreme Court of Pakistan, causing the building to shake. 15 people were injured and were immediately shifted to the hospital for medical treatment. Following the blast, lawyers and court staff evacuated the building and moved to open areas outside. Islamabad Inspector General Ali Nasir Rizvi has said that a gas explosion occurred in the Supreme Court canteen at 10:55am. He confirmed that 12 people were injured, including three admitted to PIMS Hospital and nine to Polyclinic. “The condition of two individuals is critical,” the IG stated. He added that…

Kyle Clark, Founder & CEO of Beta Technologies rings the Opening Bell at the New York Stock Exchange on Nov. 4, 2025. NYSEBeta Technologies, an electric aircraft company, closed up nearly 6% at $36 a share in its New York Stock Exchange debut on Tuesday.On Monday, the company priced shares in its IPO at $34 each, above its expected range of $27 to $33. Beta said it sold 29.9 million shares, raising over $1 billion in a deal valuing the company at about $7.4 billion.Beta’s IPO marks a major test for the small but competitive electric vertical takeoff and landing…

The ongoing U.S. government shutdown is about to become the nation’s longest federal funding lapse ever.The shutdown is poised to hit that milestone on Wednesday, marking its 36th day and surpassing the previous record, which was set in early 2019.The latest attempt to break the logjam, by getting a Republican-backed stopgap measure passed by Congress, failed in the Senate for the 14th time on Tuesday.There are no further votes scheduled Tuesday on the GOP’s short-term continuing resolution, or on an alternative proposal put forward by Democrats, which includes additional spending on health care and other priorities.Both of the longest government…

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox.Commercial real estate dealmaking is having a rough 2025, after gaining significant momentum coming out of the pandemic. Transactions are still happening, but they have stalled at well below pre-Covid levels. The overall dollar value of deals has grown just 5% from last year as of the third quarter, according…