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Pakistan agrees to host ICC Champions Trophy 2025 Under ‘Hybrid Model’ with conditionsAfter weeks of fear and bewilderment about the drones buzzing over parts of New York and New Jersey , U.S. Senator Chuck Schumer is urging the federal government to deploy better drone-tracking technology to identify and ultimately stop the airborne pests. The New York Democrat is calling on the Department of Homeland Security to immediately deploy special technology that identifies and tracks drones back to their landing spots, according to briefings from his office. Schumer’s calls come amid growing public concern that the federal government hasn’t offered clear explanations as to who is operating the drones, and has not stopped them. National security officials have said the drones don’t appear to be a sign of foreign interference. “There’s a lot of us who are pretty frustrated right now,” said Rep. Jim Himes, D-Conn., the top Democrat on the House Intelligence Committee, on Fox News Sunday. “The answer ‘We don’t know’ is not a good enough answer.” President-elect Donald Trump posted on social media last week: “Can this really be happening without our government’s knowledge? I don’t think so. Let the public know, and now. Otherwise, shoot them down.” Certain agencies within the Department of Homeland Security have the power to “incapacitate” drones, U.S. Secretary of Homeland Security Alejandro Mayorkas told ABC’s George Stephanopoulos on Sunday. “But we need those authorities expanded,” he said, without saying exactly how. The drones don’t appear to be linked to foreign governments, Mayorkas said. “We know of no foreign involvement with respect to the sightings in the Northeast. And we are vigilant in investigating this matter,” Mayorkas said. Last year, federal aviation rules began requiring certain drones to broadcast their identities. It’s not clear whether that information has been used to determine who is operating the drones swarming locations in New York and New Jersey. Mayorkas’ office didn’t immediately respond to questions about whether they’ve been able to identify drones using this capability. Schumer is calling for recently declassified radar technology to be used to help determine whether an object is a drone or a bird, identify its electronic registration, and follow it back to its landing place. New York Gov. Kathy Hochul on Sunday said federal officials were sending a drone detection system to the state. “This system will support state and federal law enforcement in their investigations,” Hochul said in a statement. The governor did not immediately provide additional details, including where the system will be deployed. Dozens of mysterious nighttime flights started last month over New Jersey, raising concerns among residents and officials. Part of the worry stems from the flying objects initially being spotted near the Picatinny Arsenal, a U.S. military research and manufacturing facility and over Trump’s golf course in Bedminster. Drones are legal in New Jersey for recreational and commercial use, but they are subject to local and Federal Aviation Administration regulations and flight restrictions. Operators must be FAA certified.Iowa offensive lineman announces plans to return in 2025
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here . 24/7 San Diego news stream: Watch NBC 7 free wherever you are Markets digest Nvidia earnings U.S. markets rose on Thursday after digesting Nvidia's earnings release. Its shares rose just 0.5%. Alphabet slumped 4.7% on the U.S. Department of Justice calling for Google to divest Chrome . Asia-Pacific stocks traded mixed on Friday . Japan's Nikkei 225 added 0.87% on the release of inflation data, while Hong Kong's Hang Seng index sank 1.58%. Headline inflation in Japan falls Japan's inflation in October dropped to 2.3% from 2.5% in September. However, "core-core" inflation, a reading that excludes fresh food and energy prices and is tracked by the Bank of Japan, rose to 2.3% from 2.1% the previous month. More than half of economists polled by Reuters expect the BOJ to hike rates by 25 basis points in December. Aftereffects of Adani allegations On Thursday, the Adani Group denied allegations of bribery and fraud made by U.S. authorities in relation to the group's chair Gautam Adani, calling them " baseless ." Still, the mere existence of those allegations could dampen investors' enthusiasm on Indian markets and put regulators in India under scrutiny, writes CNBC's Ganesh Rao. Foreign automakers need to partner Chinese ones Automakers across the world, such as U.S.' General Motors , Germany's Volkswagen and Japan's Nissan , are experiencing slumping sales in China, whereas domestic carmakers like BYD and Geely are dominating the Chinese market. To survive in China, foreign automakers need to partner with Chinese companies , analysts say. [PRO] Stimulus boosting Chinese markets Chinese markets are "turning a corner" after the Beijing unleashed several stimulus measures to boost the economy, said HSBC . "The market has so far reacted positively to these initiatives,' analysts from HSBC wrote in a Nov. 19 note, in which they picked two Chinese stocks to hold for 2025. Money Report Europe markets set to open higher as investors monitor Russia-Ukraine tensions Indonesia wants Apple to sweeten its $100 million proposal as tech giant lobbies for iPhone 16 sales With Nvidia's earnings out of the way, markets can return to a semblance of regular programming after a month of frenzy that included the U.S. presidential elections , the Fed bringing rates down by 25 basis points, Russia ratcheting up its nuclear rhetoric , to mention just a few events. U.S. markets took everything in their stride and took a few steady steps forward on Thursday. The S&P 500 rose 0.53%, the Dow Jones Industrial Average climbed 1.06% and the Nasdaq Composite was mostly flat. "I think markets are finally finding their footing for two reasons: One is recovery from that postelection hangover after the first week, and [two is] reaction to Nvidia's earnings," Nuveen CIO Saira Malik told CNBC. Nvidia reported an incredible – by most standards – third-quarter financial report. Its revenue almost doubled year on year and net income soared. But we know already investors' bar for Nvidia is somewhere beyond the stratosphere . Impressive as Nvidia's earnings are, investors were still put off by a combination of the chipmaker's slowing rate of growth and a relatively conservative projection for its sales ahead. Nvidia shares ticked up just 0.5% after falling in premarket trading. By way of comparison, let's look at data analytics software Snowflake . Its fiscal third-quarter revenue rose 28% year on year (remember that Nvidia's jumped 94%) and the company's net loss widened. But investors were so pumped they pushed up its stock 32.7% to give Snowflake its best day ever. That discrepancy might seem baffling. But it's not unusual for the markets, where expectations dictate share movements. If investors expect a company to make a huge loss and it manages to make a dollar in profit, shares are likely to rise. An exaggeration, but still. That's just regular programming for markets. — CNBC's Jesse Pound, Samantha Subin and Alex Harring contributed to this report. Also on CNBC Expectations can be an irrational thing. Just look at Nvidia Could Nvidia’s greatest obstacle be itself? Is Nvidia its own worst enemy?