CNBC Business News Update - Market Midday: Stocks Mixed, Amazon Shares Up 10%, Michael Jackson Tops Forbes Dead Celebrity Earners List 10/31/25

Episode Date: October 31, 2025

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I'm Jessica Eddinger, CNBC. It's Halloween. It's the last day of October trading and the markets have turned mixed this afternoon. The Dow is now down nine points, being led lower by shares of IBM down almost 2%. Microsoft shares down 1.5%. The S&P 500 index is up 20 points. The NASDAQ, up 179 points, 3 quarters percent. Amazon shares are up up. Up 10% on strong quarterly results, Amazon, hitting a record high today. Apple shares have as well, and so have shares of Palantir. Fewer people applied for unemployment benefits last week. These are estimates by data company Haber Analytics since there's no government data being released in the shutdown. But continuing claims, according to Haber, hit their highest since August. It's taking people longer to find the next job. In October, severance ended for thousands of, of federal workers cut in the Doge purge, meaning they're officially fired, and they may not be being counted. We don't know what's happening at the federal government level. There was going to be a lot of layoffs that were going to show up in the data because of that extension and they were put on leave until they were actually let go in October. That's one caveat. I don't know how that's operating right now. CNBC's senior economics reporter Steve Leesman. YouTube TV subscribers paying $83 a month for the base plan can't watch Disney channels.

Disney and Alphabet failing to reach a deal on a new distribution agreement. YouTube accusing Disney of trying to drive up prices to benefit its own pay TV distributors, Hulu and Fubo. Disney said that YouTube TV balked at paying what other distributors pay for its content. Without an agreement, YouTube TV customers will be without ESPN slate of college football games, as well as the NFL's Monday night football game. WICA Open Enrollment begins tomorrow millions of Americans face huge sticker shock. An early look at premiums for health insurance in the Affordable Care Act marketplace. It shows dramatic price increases.

ACA health insurance is used by more than 20 million Americans. Consumers are spending about $13.1 billion for today, Halloween. Live events. It's a big business. Tens of thousands of people are visiting Rise of the Jackal Land. interns in New York and Chicago and other events throughout the country. The live events business just keeps getting bigger. But this year has been a little bit different because the consumer wants to use their money a little bit more efficiently.

And I think people are really looking for value this year. I see like how many tickets are being sold or not sold. I'm seeing that there's a lot of our customer bases really looking for a premium experience. So the people who do have money are willing to spend it. You get a ticket that allows you to come in whenever you want. So most of the tickets are time tickets, but a lot of people spend up and get that flex ticket for that flexibility. So if it rains, they can come on a different day. They want some food and beverage experience that goes with it.

They want some merchandise with it. And they don't want to wait on any lines. That's jacko'lanterns.com's Mike Pollock on CNBC. Michael Jackson topping the Forbes list of dead celebrity earners again this year. Jessica Eddinger, CNBC. This December, CNBC opens its doors for an exclusive. person experience at the iconic NASDAQ market site in New York City. Fast Money Live, trading the holidays. December 11th. Get your tickets now at CNBC Events.com slash fast money.