Senate advances bill, Disney & CoreWeave, YF Invest: 3 Things

Published 2 days ago Negative
Senate advances bill, Disney & CoreWeave, YF Invest: 3 Things
US stock futures (ES=F, NQ=F, YM=F) are rising in Monday's pre-market trading around headlines that the Senate has advanced a bill released Sunday night that could put an end to the government shutdown. Senate lawmakers have yet to schedule a vote on the piece of legislation.

CoreWeave (CRWV) is scheduled to release quarterly earnings results on Monday, followed by Disney's (DIS) release expected out on Thursday.

Yahoo Finance's Invest conference is just three days away, kicking off a day of high-profile interviews and panel discussions at 8:00 A.M. this Thursday, November 13.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief.

Video Transcript

00:00 Speaker A

the three things you need to know today. First up, the government shutdown could be coming to an end. The Senate voted 60-40 on a procedural measure to advance a bill to end the shutdown. However, the Senate has yet to schedule a vote for final passage. The House also needs to approve the measure before it goes to President Trump's desk for his signature.

00:18 Speaker A

The progress in Washington is sparking a risk-on move in markets. US stock futures moving higher as bond yields rise. The reopening of the government would allow for some clarity on economic data that the Federal Reserve will need for its interest rate decisions.

00:30 Speaker A

Plus, investors are still keeping a close eye on earnings. Disney set to post its first quarterly adjusted earnings drop in more than two years. Sales seen growing at less at less than a fifth of the pace seen a year ago.

00:39 Speaker A

Meanwhile, CoreWeve's results after the bell are expected to be strong after striking deals with Open AI and meta, but the stock has come under pressure falling 22% last week amid the AI driven selloff.

00:48 Speaker A

And stick with Yahoo Finance this week for conversations with Wall Street heavyweights and C Suite executives. We'll be covering everything from AI to crypto and the economy.

00:55 Speaker A

All of this is part of our Yahoo Finance Invest event. We'll have Michael Sailor of strategy, Robin Hood CEO Vlad Tenev, Damon John of Shark Tank, but that's not all. We'll speak to former Federal Reserve Vice Chair Lale Byrd, Pfizer CEO Albert Borla, and American Bitcoin co-founder Eric Trump. We've got many more guests. You can tune in this Thursday. It begins at 8:00 a.m. Eastern time for a full day of market moving conversations. Yahoo Finance

01:13 Speaker A

Invest, you don't want to miss it.

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