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- Miller - Meeks , Bohannan spar over taxes , tariffs in heated debate
Republican Rep. Mariannette Miller-Meeks and Democratic candidate Christina Bohannan clashed over taxes, energy prices and farm policy in a debate for Iowa's first congressional district. Bohannan criticized Miller-Meeks' vote for the One Big Beautiful Bill, arguing it made permanent tax cuts for the wealthy while its no-tax-on-tips and no-tax-on-overtime relief expires on December 31, 2028, and that Medicaid cuts would hurt rural healthcare. Miller-Meeks defended the bill for expanding the child tax credit and touted $209 million for Iowa hospitals from the $50 billion Rural Transformation Fund. On tariffs, she said they brought a $15 billion steel mill and 1,700 permanent jobs to Lee County, while Bohannan argued they raised costs for farmers and cost access to Chinese soybean markets. The two also split over Miller-Meeks' eight votes against a war powers resolution on Iran and over proposals to lower gas and diesel prices.
- Miller - Meeks , Bohannan spar over taxes , tariffs in heated debate
- Miller - Meeks , Bohannan spar over taxes , tariffs in heated debate
- Miller - Meeks , Bohannan spar over taxes , tariffs in heated debate
- VOTER GUIDE : CD5 race sees Omar facing challenger Nagel
DFL incumbent Ilhan Omar, in Congress since 2019, faces Republican John Nagel in Minnesota’s 5th Congressional District, which covers part or all of Minneapolis, St. Louis Park, Edina and several nearby cities. Nagel, a 30-year Minnesota State Patrol veteran, proposes cutting federal spending that fuels inflation, ending federal income tax on Social Security benefits, freezing property taxes for homeowners over 55, and making healthcare prices more transparent. Omar says tariffs raise prices on everyday goods and the war in Iran drives up energy costs, so she calls for ending the war, repealing tariffs and investing in housing, healthcare and childcare, while her healthcare answer is cut off in the article.
- U.S. dropping some Canada tariffs, Susan Collins says as trade war looms over Maine Senate race
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- TSLA Stock Rises As Cybercabs Overtake Model Ys In Authorized Texas Robotaxi Fleet
Data from the Texas Department of Motor Vehicles shows Tesla's purpose-built Cybercab, a steering-wheel-free robotaxi, has become the majority of its authorized robotaxi fleet in Texas for the first time, with 544 of 1,051 vehicles. Model Y accounts for 507, a shift from early October when the registry showed 319 Cybercabs against 420 Model Ys. The data covers authorization only, not whether vehicles are operating or carrying riders. Cybercabs currently run only in Austin, while Tesla's robotaxis operate in Austin, Houston, Dallas and parts of Florida; Tesla said it is looking to add Cybercabs in Dallas next month. TSLA closed 4% higher on Tuesday but is down 9% year to date.
- Why Brown & Brown Stock Slumped by 5% Today
Brown & Brown's third-quarter revenue was almost $1.73 billion, up more than 7% from a year earlier but below the analyst average of $1.76 billion. GAAP net income rose almost 6% to $240 million, while adjusted earnings per share inched up nearly 2% to $1.07, short of the $1.09 consensus. The company cited a challenging rate environment of softening insurance premiums and said the Accession Risk Management Group acquisition, a $9.8 billion deal in 2025, helped results. Organic revenue, which excludes acquisitions, rose barely over 1% to $1.46 billion, pointing to weakness in the legacy business. The stock closed nearly 5% lower on Tuesday amid a broad investor sell-off.
- Penguin Solutions, Broadcom, FormFactor, Lattice Semiconductor, and AMD stocks trade up, what you need to know
Several chip and AI hardware stocks rose in the afternoon session after Broadcom reportedly secured $63 billion in bank financing to develop proprietary AI chips for Anthropic. Anthropic's IPO filing and Meta's equity offering were seen as signs that tech capital spending remains robust. PENG rose 7.8%, AVGO 3.8%, FORM 5.9%, LSCC 5.2% and AMD 5.3%. The article notes PENG had dropped 9.4% five days earlier after warnings that component shortages and cleanroom constraints would limit chip equipment makers through 2027, citing Lam Research. PENG has had 69 moves greater than 5% over the past year.
- Investing $1,000 in Each of These 3 Stocks 20 Years Ago Would Have Created a Portfolio Worth $674,000 Today
The article calculates that a $1,000 investment in each of Nvidia, Netflix and Amazon 20 years ago would be worth about $674,000 combined as of October 26. Nvidia's stake would be worth about $383,000, with most gains coming in the past couple of years as generative AI took off; the chipmaker's operating profit totaled nearly $200 billion over the past four quarters, its market cap is around $5.3 trillion, and it trades at 28 times trailing earnings. Netflix's stake would be worth more than $161,000, but its stock has fallen this year on concerns about slowing growth and is trading near its 52-week low. Amazon's stake would be worth about $130,000, and its operating income last year reached $80 billion, more than six times the $12 billion of three years earlier; the stock trades at around 20 times trailing earnings. The author argues these growth stocks can still be good buys today.
- Western Digital, Allegro MicroSystems, Amtech, and Teradyne shares skyrocket, what you need to know
Several semiconductor stocks rose sharply in the afternoon session after Broadcom obtained $63 billion in bank financing to develop proprietary AI chips for Anthropic. Alongside Anthropic's IPO filing and Meta's equity offering, the news signaled that tech capital spending remains robust. Among the gainers, Western Digital (WDC) rose 8.1%, Allegro MicroSystems (ALGM) gained 6.4%, Amtech (ASYS) added 5.1% and Teradyne (TER) climbed 5.6%. The article notes WDC has had 79 moves greater than 5% over the past year, and about 22 hours earlier the stock had gained 5.2% after Bank of America projected memory chip supplies would stay tight through 2028. Citing CNBC, the article says semiconductor fabrication equipment spending is projected to exceed $200 billion in 2027, as demand outpaces clean-room capacity and the availability of critical parts.
- Is Benz Mining (TSXV:BZ) Cheap On Icon Drilling Results Or Already Priced In?
Benz Mining (TSXV:BZ) reported extensive drilling results from the Icon gold camp at its Glenburgh Gold Project in Western Australia, confirming repeated stacked high-grade gold lenses. The share price rose 11.03% on the day and 10.47% over the past week, but fell 15.62% over 30 days; it is up 180.38% year to date and returned 205.52% over 12 months. A valuation narrative cited in the article puts fair value at CA$6.28 versus a last close of CA$4.43, implying 29% undervaluation. The article notes the market values Benz above C$1 billion without a current maiden Mineral Resource, and the stock trades at 26.4 times book value versus 2.2 times for the Canadian metals and mining group. Risks include less of the Exploration Target converting into compliant ounces than hoped or weaker project economics in future studies.
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