🗓️ Powell's Fed Chair Term Ending 2026 Jerome Powell's term as Fed Chair ends in May 2026, with Trump likely to appoint a new leader thereafter. 🏠 Mitigated Rate Cuts Fail to Lower Mortgage Rates Despite Fed rate cuts, mortgage rates remain high at 6.79%, driven by economic predictions and Treasury yields. 📈 Tariff Proposals Threaten International Trade Stability Tariffs on Chinese and European goods proposed by Trump could spark international trade tensions and raise U.S. prices. 🚀 Big Tech Stocks Propel Market Gains Big Tech companies saw a rise in stock prices, contributing to market gains this week. 📉 Trump Media Stock Plunges Despite Trump Stock Gains Trump Media's stock declined by 41% since Wednesday, contrasting with broader gains from Trump-related stocks. 💻 Nvidia Hits $3.6 Trillion Market Valuation Nvidia reached a $3.6 trillion market value following the recent election results. 🚗 Lyft's Record Bookings Boost Stock Lyft's stock increased as ride bookings hit an all-time high, surpassing earnings expectations. 📺 Warner Bros.' Max Success Drives Q3 Profit Warner Bros. Discovery reported a $135 million profit in Q3, largely driven by the success of its Max streaming service. 🎬 Disney's Streaming Services Turn First Profit Disney’s streaming business, including Disney+, Hulu, and ESPN+, turned its first profit ahead of schedule in Q2. 📺 Amazon Prime Video Adds More Ads Amazon announced it will insert more ads into its Prime Video service unless users pay extra for an ad-free experience. 🧊 Yeti Sees Q3 Sales Rise 10% Yeti posted a 10% sales increase in Q3 as its premium coolers and drinkware remained popular among consumers. 📰 New York Times Digital Subscribers Climb New York Times digital subscribers reached 11 million, with Wordle subscribers increasing by 25% from last year. 💰 Thomson Reuters Revenue Grows with AI Deals Thomson Reuters boosted its news revenue by 10%, supported by AI licensing deals and a new $1/week paywall for readers.