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Stocks fall, growth in e-commerce: Morning Brief

Today on Morning Brief, Co-hosts Seana Smith and Brad Smith discussed market movers with expert guests and the trending tickers of the day, including Amazon (AMZN) and Apple (AAPL).All three of the major indexes (^DJI,^GSPC, ^IXIC) opened lower Friday morning as post-Trump victory gains begin to fade. Data Editor Jared Blikre breaks down the action at the open. October retail sales are up by 0.4%, driven by strong e-commerce with Amazon’s Prime Deal Days playing a key role. LSEG director of consumer research Jharonne Martis highlights that Walmart is becoming a strong competitor to Amazon, offering flexible shopping options for consumers. Warren Buffett's Berkshire Hathaway (BRK-A, BRK-B) recently disclosed a 1.3 million stake in Domino's Pizza (DPZ) and a 1% stake in Pool Corp. (POOL), valued at $550 million and $152 million, respectively.Super Micro Computer (SMCI) risks delisting from the Nasdaq due to delays in filing financial statements. Defiance ETFs CEO and CIO Sylvia Jablonski discusses the company's outlook, noting that the report is coming at a bad time given its strong position in the market. This post was written by Cindy Mizaku. Read More...

Today on Morning Brief, Co-hosts Seana Smith and Brad Smith discussed market movers with expert guests and the trending tickers of the day, including Amazon (AMZN) and Apple (AAPL).

All three of the major indexes (^DJI,^GSPC, ^IXIC) opened lower Friday morning as post-Trump victory gains begin to fade. Data Editor Jared Blikre breaks down the action at the open.

October retail sales are up by 0.4%, driven by strong e-commerce with Amazon’s Prime Deal Days playing a key role. LSEG director of consumer research Jharonne Martis highlights that Walmart is becoming a strong competitor to Amazon, offering flexible shopping options for consumers.

Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) recently disclosed a 1.3 million stake in Domino’s Pizza (DPZ) and a 1% stake in Pool Corp. (POOL), valued at $550 million and $152 million, respectively.

Super Micro Computer (SMCI) risks delisting from the Nasdaq due to delays in filing financial statements. Defiance ETFs CEO and CIO Sylvia Jablonski discusses the company’s outlook, noting that the report is coming at a bad time given its strong position in the market.

This post was written by Cindy Mizaku.

Read More