5 things to know for Nov. 4: Twitter, Flu, January 6, Student Loans, Brittney Griner

5 things to know for Nov. 4: Twitter, Flu, January 6, Student Loans, Brittney Griner



CNN
 — 

The enormous rocket at the heart of NASA’s mission to return humans to the moon is being rolled out of its hangar today. After a series of issues and poor weather thwarted the first two launch attempts, the agency has spent weeks troubleshooting and is now gearing up for another attempt to get the rocket off the ground.

Here’s what else you need to know to Get Up to Speed and On with Your Day.

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Elon Musk will begin laying off Twitter employees this morning, according to a memo sent to staff, as several employees sue the billionaire alleging the layoffs are in violation of labor law. An email sent Thursday evening notified employees that they will receive a notice by 12 p.m. ET today that informs them of their employment status. The memo comes after previous reports said Musk had planned to lay off up to half of the company’s staff after acquiring it last week for $44 billion. Twitter had around 7,500 employees prior to Musk’s takeover. He started his tenure at Twitter by firing its CEO and two other executives, according to two people familiar with the decision. Musk also dissolved Twitter’s former board of directors.

Health officials are reinforcing their recommendations for people to get flu vaccines as this year’s strain picks up its pace across the US. There have been at least 880,000 cases of influenza, nearly 7,000 hospitalizations and 360 deaths from the flu so far this fall – including one pediatric death – according to data from the CDC. The numbers also show there haven’t been this many cases of influenza so early in the season since 2009. After recently receiving Covid-19 vaccines and boosters, some people have been waiting until later in the season to get the flu vaccine, CNN Medical Analyst Dr. Leana Wen said. However, since it takes about two weeks to reach optimal immune protection after receiving a flu vaccination, people who haven’t gotten one yet should do so now.

exp TSR.Todd.triple.threat.RSV.Covid.flu_00003501.png

Triple threat emerging: flu, Covid, RSV


02:52

– Source:
CNN

The House select committee investigating the January 6, 2021, insurrection at the US Capitol has interviewed more Secret Service witnesses, including the head of former Vice President Mike Pence’s detail. The committee is also expected to interview at least another half dozen Secret Service witnesses in the coming weeks, including current and former officials and agents, multiple sources told CNN. The panel’s efforts to secure testimony from an expanding list of current and former Secret Service agents during the closing months of its probe shows the committee is intensifying its push to learn more about what the Secret Service knew about looming threats to Pence and other government officials ahead of the attack. 

A sign with the U.S. Secret Service shield is cleaned before a briefing at the service's headquarters November 07, 2019 in Washington, DC.

Why Jan. 6 committee is asking Secret Service agent to testify again

President Joe Biden’s student loan forgiveness program remains on hold while a federal appeals court considers a legal challenge brought by six Republican-led states. The Biden administration is still accepting applications for student loan forgiveness, which is worth up to $20,000 per borrower, but it is not currently allowed to cancel student loan debt until the hold is removed. The Biden administration is also facing lawsuits from an attorney general and conservative groups that claim he does not have the legal authority to broadly cancel student loan debt. As for what happens next, an appeals court will decide whether to grant a preliminary injunction requested by the states. If granted, the student loan forgiveness program could be kept on hold while the court hears from both parties. If it’s not granted, debt cancellation may begin while the appeal plays out. The ruling could come at any time.

Cody Hounanian student debt crisis center bernal

College alum tells CNN: The only way to open the door was to take on student loan debt

US Embassy officials visited detained WNBA basketball star Brittney Griner in Russia on Thursday and “saw firsthand her tenacity and perseverance despite her present circumstances,” State Department spokesperson Ned Price said in a statement. They had not been able to visit Griner since early August but spoke with her by phone last month. After months of internal debate, the Biden administration previously offered to exchange a convicted Russian arms trafficker serving a 25-year US prison sentence as part of a potential deal to secure the release of Griner and Paul Whelan, who has been detained in a remote prison camp in Russia on espionage charges since 2018. US officials say they have continued to follow up on their offer and emphasized that the Americans’ detentions remain a top priority. 

Kyrie Irving apologizes amid Twitter controversy and suspension by Brooklyn Nets

The NBA star apologized on Instagram late Thursday, hours after the Nets announced a five-game suspension over his “failure to disavow antisemitism.”

Netflix launches a new plan with ads

After much anticipation, the platform’s cheaper plan with ads debuted in the US on Thursday. Here’s how it differs from existing plans. 

Miller Lite is selling a Christmas tree stand that doubles as a beer keg

Beer lovers are taking “holiday cheers” to a new level… This product was designed to “make it seem as if beer is being poured from the tree,” a company spokesman said. 

Jay-Z and Jeff Bezos are interested in buying the Washington Commanders together

The two billionaire businessmen already have major sports ties. Now, they’re in talks on a possible joint venture to buy an NFL team.

Iranian artist’s paintings of women take on a new sense of urgency

These symbol-laden paintings are charged with emotion and allude to issues that have recently sparked protests across Iran.

Which “extremely rare” item is expected to fetch up to $30 million at an upcoming auction?

A. George Washington’s journal

B. Key to the White House

C. First-edition copy of the US Constitution

D. Original senate gavel

Take CNN’s weekly news quiz here to see if you’re correct!

36

That’s the typical age of a first-time homebuyer in the US in 2022, up from 33 last year. A new report from the National Association of Realtors shows that first-time buyers made up just 26{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of all homebuyers in the year ending in June – an all-time low over approximately four decades. Financial analysts say many factors have made it a challenging environment for Millennials and Gen Zers to remain competitive in the market, including rising home prices, climbing mortgage rates, and the fact that younger generations have less cash saved for a down payment.

“Violence has no place in politics.

– White House press secretary Karine Jean-Pierre, condemning the reported assassination attempt on Thursday of Pakistan’s former Prime Minister Imran Khan. The country’s ex-leader was shot in the leg at a political rally outside the town of Gujranwala, Punjab province, Pakistani officials said. He was transported to Lahore to receive treatment and was in stable condition. An unnamed man suspected of firing shots at the rally has been detained, according to police. Khan has repeatedly claimed, without any evidence, that the US was behind his loss of power after he was ousted as Prime Minister in a no-confidence vote in April.

friday svr wx

Risk of severe storms for the South


03:08

– Source:
CNN

Check your local forecast here>>>

Indoor ocean simulator

The US Navy is testing its equipment in a massive pool that can replicate any wave situation in the world. Take a look inside. (Click here to view)

Business Services’ Nov 8 Q3 Earnings Roster: XPER, FA & More

In the third quarter of 2021, the business services sector has been recovering gradually, backed by the gradual resumption of business activities and strength across both manufacturing and non-manufacturing activities. Notably, the increased rate of vaccination and relaxation of restrictions has lifted sentiments.

The quarter witnessed growth in major manufacturing industries like computer & electronic products; machinery; electrical equipment; appliances & components; transportation equipment; food, beverage & tobacco products; printing & related support activities; paper products; plastics & rubber products, and petroleum & coal products.

Among services industries, notable growth came in from transportation & warehousing; management of companies & support services; retail trade; wholesale trade; accommodation & food services; mining; utilities; construction; health care & social assistance; finance & insurance; information; educational services; and professional, scientific & technical Services.

Earnings Picture So Far, and Expectations

The third-quarter earnings for the S&P 500 members of the Business Services sector have been outstanding so far. The sector had a commendable start, with major players like Equifax EFX, IQVIA Holdings IQV, Robert Half RHI, S&P Global SPGI, Waste Management WM and Fiserv FISV beating on both earnings and revenues.

The latest Earnings Outlook suggests that earnings for those S&P 500 members of the business services sector that have reported results, grew 31{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} year over year on 17.2{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} revenue growth, with 83.3{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the same beating the Zacks Consensus Estimate for EPS and 87.5{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the same topping sales projections.

Total quarterly earnings for the S&P 500 members of the sector are currently anticipated to display 26.5{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} year-on-year growth, and revenues will likely reflect a 14.4{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} rise.

XPER, FA, RIOT, INST in Spotlight

Our quantitative model suggests that the combination of the following two key ingredients — a positive Earnings ESP and a Zacks Rank #3 (Hold) or better — increases the odds of a positive earnings surprise. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Xperi Holding Corporation XPER: This California-based consumer and entertainment product/solutions licensing company is scheduled to report third-quarter 2021 results on Nov 8, after market close.

The Zacks Consensus Estimate for revenues is pegged at $223.84 million, indicating a 10.4{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} increase from the year-ago quarter’s reported figure. The consensus mark for earnings stands at 41 cents per share, indicating a rise of more than 100{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} from the prior-year quarter’s reported number.

Xperi has an Earnings ESP of 0.00{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} and carries a Zacks Rank #3.

Xperi Holding Corporation Price and EPS Surprise

Xperi Holding Corporation Price and EPS Surprise

Xperi Holding Corporation price-eps-surprise | Xperi Holding Corporation Quote

First Advantage Corporation FA: This Georgia-based provider of technology solutions for screening, verifications, safety, and compliance related to human capital worldwide is scheduled to report third-quarter 2021 results on Nov 8, before market open.

The Zacks Consensus Estimate for revenues is pegged at $171 million, indicating a sequential decline of 2.3{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. The consensus estimate for earnings stands at 19 cents per share, implying sequential decline of 24{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

First Advantage has an Earnings ESP of 0.00{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} and a Zacks Rank #3.

First Advantage Corporation Price and EPS Surprise

First Advantage Corporation Price and EPS Surprise

First Advantage Corporation price-eps-surprise | First Advantage Corporation Quote

Riot Blockchain, Inc. RIOT is expected to register strong top- and bottom-line growth in the to-be-reported third quarter of 2021.

The Zacks Consensus Estimate for revenues is pegged at $77.35 million, indicating more than 100{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} increase from the year-ago quarter’s reported figure. The consensus mark for earnings stands at 41 cents per share, indicating a rise of more than 100{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} from the prior-year quarter’s reported number.

Riot Blockchain has an Earnings ESP of -13.94{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} and a Zacks Rank #1.(Read more: What’s in Store for Riot Blockchain in Q3 Earnings?)

Riot Blockchain, Inc. Price and EPS Surprise

Riot Blockchain, Inc. Price and EPS Surprise

Riot Blockchain, Inc. price-eps-surprise | Riot Blockchain, Inc. Quote

Instructure Holdings, Inc. INST: This Utah-based provider of cloud-based learning, assessment, development, and engagement systems is scheduled to report third-quarter 2021 results on Nov 8, after market close.

The Zacks Consensus Estimate for revenues stands at $101.63 million, indicating a sequential growth of 6.3{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. The Zacks Consensus Estimate for earnings in the to-be-reported quarter is pegged at 14 cents per share, implying sequential decline of 12.5{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

Instructure has an Earnings ESP of 0.00{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} and a Zacks Rank #3.

Instructure Holdings, Inc. Price and EPS Surprise

Instructure Holdings, Inc. Price and EPS Surprise

Instructure Holdings, Inc. price-eps-surprise | Instructure Holdings, Inc. Quote

Zacks’ Top Picks to Cash in on Artificial Intelligence

This world-changing technology is projected to generate $100s of billions by 2025. From self-driving cars to consumer data analysis, people are relying on machines more than we ever have before. Now is the time to capitalize on the 4th Industrial Revolution. Zacks’ urgent special report reveals 6 AI picks investors need to know about today.

See 6 Artificial Intelligence Stocks With Extreme Upside Potential>>

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Fiserv, Inc. (FISV): Free Stock Analysis Report

Equifax, Inc. (EFX): Free Stock Analysis Report

Waste Management, Inc. (WM): Free Stock Analysis Report

Robert Half International Inc. (RHI): Free Stock Analysis Report

Instructure Holdings, Inc. (INST): Free Stock Analysis Report

S&P Global Inc. (SPGI): Free Stock Analysis Report

Xperi Holding Corporation (XPER): Free Stock Analysis Report

Riot Blockchain, Inc. (RIOT): Free Stock Analysis Report

IQVIA Holdings Inc. (IQV): Free Stock Analysis Report

First Advantage Corporation (FA): Free Stock Analysis Report

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