Dianne feinstein what we know about californias latest senator, coming up. The deal was done with no time to spare, but what comes next breaking down the short and longterm effects of this weekends government funding agreement. Bills, bills, bills. Student loan payments are back on after a longterm hiatus to the concern of millions of americans. How these borrowers are reacting to the return. Give me liberty or give me the aces where the semifinal done the stage set for the ultimate showdown in Womens Basketball we preview the upcoming wnba finals matchup and graveyard smash as hollywood rises from the dead, some studio workers are getting a head start using their film set expertise to create the scariest haunted maze in l. A it is monday, october 2nd. Early today starts right now good morning. Im jessica layton. Glad you can be with us im Frances Rivera breaking overnight, Laphonza Butler will be the next senator from the state of California Governor Gavin Newsom announced late sunday
Hes coming for you, can you survive . Yes, ill survive. This is personal with matt because he wants to take this motion. So be it, bring it on, lets get over with it. Kevin mccarthy staving off a Government Shutdown at the very last minute but could it ultimately cost him the speakers gavel. And donald trump back in new york this morning where he says hes going to person in person for his Civil Fraud Trial that gets under way just hours from now. Good day to our viewers here in the United States and around the world. Im kasie hunt. It is monday, october 2nd. Its 5 00 a. M. Here in washington, where House Speaker Kevin Mccarthy could make history this week, but unlikely its the way that he wants to because as early as today, mccarthy could become the first to have his gavel challenged in over 100 years. I do intend to file a motion to vacate against Speaker Mccarthy this week. I think we need to just rip off the band aid. I think we need to move on with new leadership that can be trustw
And good morning to you, everyone. Welcome to cnn this morning. It is saturday, september 30th. The last day of the month. Im amara walker. October is almost here. Im omar jimenez in for victor blackwell. Amara, good to be with you, so close but so far away. I feel close to you. Same to you. Great to see you, omar. Were watching a lot of news this morning. In fact, here we are again. Just hours away from a Government Shutdown. Lawmakers still cant agree on a deal to fund the government past midnight. Were specifically talking about the house right now. The last ditch efforts are under way to keep that from happening. And the impact of a shutdown could have a huge impact from our National Security to clean drinking water. Well discuss. And flood waters ripped through parts of New York City, submerging cars, disrupting mass transit. Look at those images there. Prompting water rescues. Well show you the damage left behind and where were tracking more rain this morning. Police make an arre
The headlines driving the moves and the impact on all the miners im melissa lee, coming to you live from studio b at the nasdaq stocks ended the day in the red, but making a big comeback from their worst levels of the day. The dow down 700 points at the lows, ending the day off less than 400 the nasdaq down my that are 2. 3 at its lows, closing down just over half a percent. The losses coming after a softer than expected gdp report, but already, its looking like we are in for a big reversal tomorrow shares of microsoft and alphabet soaring. Go googles parent adding more than 300 billion in market cap after announcing its first ever dividend and a 70 billion stock buyback lets get more on the numbers with deirdre bosa. Hey, mel. The call is still under way. The q a should be beginning soon no surprise, the ceo spent a lot of time talking about his a. I. Strategy i want to highlight how the company says its navigating generative a. I. In search ads, its cash cow he says hes encouraged by
Unimpressed. Is this a sign that the ev maker can get back on track, or will a different reality set in for the stock . Im Courtney Reagan in this evening for melissa lee, coming to you live from studio b at the nasdaq on the desk tonight tim seymour, Karen Finerman, dan nathan, and guy adami. And we start off with meta shares plunging 11 after the company gave weak revenue guidance for the year. It also said capex would be higher than expected thatowing a beat on the top and bottom line it could be the worst drop since october 2022 Julia Boorstin is here to dig into the details what else stands out to you . Well, courtney, the better than expected results were very much outweighed by that lighter than expected Second Quarter revenue guidance, as well as higher than expected expense guidance the higher capex guidance reflects larger than planned investments in a. I. , including gpus, as well as in data center. She also told me that the companys higher total expense range is partially d