Alex Ossola

Thank you, Ryan.

Separately, in China, the government said it would review Meta's recent acquisition of artificial intelligence startup Manus, whose parent company was set up in China and then moved its headquarters to Singapore.

People familiar with the matter say Beijing wants to protect its AI technology.

It's a warning signal to Chinese entrepreneurs looking to Silicon Valley.

But in the case of Manus, Beijing appears to have few tools to block its deal with Meta.

In markets today, major U.S.

indexes were mixed as investors rotated out of technology stocks.

The Dow rose 0.6 percent, the Nasdaq fell 0.4 percent, and the S&P 500 was flat.

In oil, Brent crude futures rose 3.4 percent.

The U.S.

trade deficit shrank in October to its lowest level since 2009.

Imports fell while exports rose, and the resulting deficit was $29.4 billion, nearly 40 percent smaller than September's level.

Today's numbers suggest that big swings in just a few trade areas, especially gold and pharmaceuticals, explain a lot of that volatility.

We're exclusively reporting that the private equity firm El Caterton is taking a majority stake in cottage cheese brand Good Culture.

That's according to executives from the companies.

The deal values Good Culture at more than $500 million.

Good Culture's CEO said sales have jumped by almost 300 percent over the past three years as Americans try to get more protein into their diet.

And Paramount Skydance continued pushing its nearly $78 billion hostile bid for Warner Bros.

Discovery, a day after Warner said it plans to stick with its deal with Netflix.

And in Iran, where widespread protests continue, a watchdog group says the internet has been almost completely shut down.