Eaton

Power management company Eaton has agreed to use silicon carbide semiconductor chips from Infineon in its solid-state transformers. The move ties Eaton's electrical equipment business to Infineon's power semiconductor portfolio, as solid-state transformers gain attention for grid modernisation and more efficient power conversion. Details on volumes and timeline were not given.

CNBC's market segment Final Trades featured picks on AbbVie, Advanced Micro Devices, SpaceX and Eaton Corporation. Traders on the program offered their closing investment ideas for the day, covering healthcare, semiconductors, aerospace and industrial stocks. The segment is a regular wrap-up where market commentators give a fast take on names they are watching.

Deaton is highlighting a proposed overhaul of the healthcare system and reforms to US Immigration and Customs Enforcement as core campaign themes ahead of the November election. The pitch frames two of the most contentious policy debates in American politics — medical costs and immigration enforcement — as priorities a candidate is asking voters to weigh at the ballot box.