Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Lloyd’s of London has hired lawyers to investigate potential failings in its governance around the appointment of an executive under its previous boss, John Neal.
The insurance market said on Wednesday that an earlier independent review commissioned by its chair, Sir Charles Roxburgh, had found that “our internal processes had not been fully adhered to in respect of a prior matter”.
The investigation followed concerns raised within the insurance market over the appointment process for a position on its executive committee in 2023, people familiar with the matter told the Financial Times.
Executives within the market had queried whether the appointment had gone through a competitive process, according to people familiar with the matter, who said that then-chief executive Neal had a close personal relationship with the woman who was appointed to the role.
Lloyd’s said the first probe had been launched after Roxburgh joined in May and he “became aware of market speculation concerning possible historic breaches of policy”.
It did not give details of what that independent review had probed, saying that it had been intended to ensure Lloyd’s “processes were robust and fully aligned with regulatory expectations”.
However, Lloyd’s said on Wednesday that it had now launched a fresh investigation following the emergence of “new information” in recent days.
It came after insurer AIG said in an SEC filing last week that Neal, who announced his departure from Lloyd’s in January, would no longer be joining as president of the US group — ditching an appointment it had previously announced.
Neal had been due to join AIG next month but the insurer said this would no longer happen “due to personal circumstances”.
Neal, who led Lloyd’s for six years, did not respond to a request for comment.
Before joining Lloyd’s, Neal had been chief executive of Australian insurer QBE, where he had his bonus cut over his failure to disclose a personal relationship with his executive assistant.
The scrutiny of Lloyd’s governance follows years of efforts, including under Neal, to professionalise the insurance marketplace and improve its working culture, including stamping out sexism and high levels of alcohol consumption.
In its statement on Wednesday, Lloyd’s added that after becoming chair Roxburgh had launched a separate review of the governance structure of the Lloyd’s Council, the body that oversees the running of the organisation.
It said it would shortly announce a “revised framework” that would “enhance strategic oversight and ensure alignment with statutory responsibilities”.
All eyes are on Nvidia, the bellwether for the AI industry, as analysts and investors hope the chipmaker’s third-quarter earnings assuage concerns about whether the high-flying valuations of AI firms have peaked.
A great deal will ride on how confident Nvidia chief executive Jensen Huang appears in his forward-looking guidance. Analysts and experts say that although they are largely confident Nvidia will beat Wall Street expectations, they’re anxiously awaiting news on the status of industry demand for the firm’s AI chips.
“There is still no doubt that Nvidia is far and away the leader for AI-focused chips,” David Meier, senior analyst at investment website the Motley Fool, wrote. “So, I expect revenue, margins, and cash flows to be pretty close to analysts’ estimates. But the valuable information is more likely to come from the commentary about where management sees its markets headed, whether it’s in the AI market or [a] new market the company is currently pursuing.”
Shares in Nvidia have been down 7.9% in November after major investors dumped their stocks in the firm. Peter Thiel’s hedge fund, Thiel Macro, sold off its entire stake in the chipmaker in the last quarter. His holdings would have been valued at about $100m, according to a Reuters report. Softbank has also sold off its $5.8bn holdings in the company, further boosting fears of an AI bubble.
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“I do not believe that Nvidia’s growth is sustainable long-term,” said Forrester’s senior analyst Alvin Nguyen. “AI demand is unprecedented, but if there is a market correction due to supply meeting demand or a slowdown in the pace of innovation/businesses getting used to the pace, I expect that the continued growth in Nvidia share value will slow down.”
The company is expected to report $1.26 in earnings per share on $54.9bn in overall revenues and $49bn in data-center sales. That’s a 56% jump in year-over-year overall revenues.
Wall Street is also expecting the company to project $62.2bn in revenue for the fourth quarter of the year. Earnings that fall short of any of these numbers may lead to a tepid market reaction. Last quarter, the company beat most of Wall Street’s expectations except for data center sales prompting a 2.3% drop in after-hours trading.
As a fully electric SUV, it combines Porsche DNA with pioneering technology: up to 850 kW (1,156 PS), 0-100 km/h in 2.5 seconds and up to 400 kW charging power# and up to 642 kilometres of range for the European delivered Cayenne Electric model (combined cycle)*. It is the most powerful production Porsche of all time – and at the same time more versatile than ever: dynamic on the road, confident off-road and comfortable on long journeys.
The Cayenne was the first model that saw Porsche transfer the legend of the sports car brand to a completely new market segment. The sporting allrounder became a worldwide success straight from its world premiere in September 2002. Now, a new era is beginning with the new Cayenne Electric models. “The Cayenne Electric shows performance in a completely new dimension, with innovative technologies that we have developed in motorsport. It sets new standards in the SUV segment – in terms of driving characteristics as well as charging,” says Oliver Blume, Chairman of the Executive Board of Porsche AG. “Outstanding electric performance meets very real everyday usability. Excellent long-distance comfort combines with uncompromising off-road capability.”
Oliver Blume, Chairman of the Executive Board of Porsche AG
With about 36 per cent of its sports cars sold globally being electrified, Porsche is one of the fastest transforming car manufacturers in 2025. The new Cayenne Electric models are the next milestone in this success story and complement the existing offering of combustion-engined and plug-in hybrid Cayenne models in the spirit of a completely flexible choice of Porsche powertrains.
The performance of a super sports car and Formula E levels of recuperation
The new Cayenne Electric family initially comprises two models: the Cayenne Electric and the Cayenne Turbo Electric – both with all-wheel drive and therefore equipped with electronic Porsche Traction Management (ePTM).
Cayenne Electric (preliminary values): Electric power consumption* combined (WLTP) 21.8 – 19.7 kWh/100 km, CO₂ emissions* combined (WLTP) 0 g/km, CO₂ class A , Cayenne Turbo Electric (preliminary values): Electric power consumption* combined (WLTP) 22.3 – 20.4 kWh/100 km, CO₂ emissions* combined (WLTP) 0 g/km, CO₂ class A
The Cayenne Turbo Electric accelerates from 0-100 km/h in 2.5 seconds. On the track it can accelerate from 0-200 km/h in 7.4 seconds and reach a top speed of 260 km/h. This powerful e-performance is made possible by a newly developed drive system that develops up to 850 kW (1,156 PS) and up to 1,500 Nm of torque when Launch Control is activated. The Turbo variant features direct oil cooling of the electric motor on the rear axle to ensure high continuous output and efficiency. This is an innovation from motorsport. In normal driving mode, up to 630 kW (857 PS) is available. By means of the Push-to-Pass function1 , an additional 130 kW (176 PS) can be activated for 10 seconds at the press of a button. The entry-level Cayenne Electric has 300 kW (408 PS) in normal operation and 325 kW (442 PS) and 835 Nm of torque with Launch Control. It accelerates from 0-100 km/h in 4.8 seconds, on its way to a top speed of 230 km/h on the track.
The Cayenne Electric also offers leading energy recovery figures, achieving Formula E levels with up to 600 kW of recuperative power. In everyday life, about 97 per cent of all braking operations can be handled purely by the electric motors. The mechanical friction brakes rarely need to intervene. For the Cayenne Turbo Electric, the Porsche Ceramic Composite Brake (PCCB) is also available for this case, as an option.
With the expertise of the Formula E World Champion
The Cayenne Electric.
The new Cayenne Electric models owe much of their versatility to their chassis. Adaptive air suspension with Porsche Active Suspension Management (PASM) is fitted as standard on both models. The Turbo also features the Porsche Torque Vectoring Plus (PTV Plus) limited-slip rear differential. Both models can be equipped with rear-axle steering, which steers the rear wheels by up to five degrees. In addition, Porsche Active Ride is also available for the flagship model for the first time. The active suspension system, familiar from Porsche sports sedans and newly used on the Cayenne, almost completely compensates for body movements and ensures exceptional stability, dynamics and comfort.
Innovative charging convenience: fast, robust and wireless
At the heart of the new Cayenne Electric models are the newly developed 113 kWh high-voltage battery, which benefits from double-sided cooling for optimum thermal management. This results in a combined WLTP range of up to 642 km for the European delivered Cayenne Electric model (combined cycle) and up to 623 km for the European delivered Cayenne Electric Turbo model (combined cycle)*. Thanks to its 800-volt technology, the Cayenne DC charging capacity of up to 390 kW – and up to 400 kW under specific conditions. During laboratory testing, the SoC (State of Charge) increased from 10 to 80 per cent in less than 16 minutes# . Robust charging performance was a primary focus during the development of the new Cayenne Electric models.
The new Cayenne Electric models are also the first Porsche vehicles to optionally support inductive charging, which is a system that charges at up to 11 kW.~ All that Porsche Wireless Charging requires is for the user to park above a floor plate. The charging process then starts automatically.
New exterior design: progressive and aerodynamic and unmistakably Cayenne
The new Cayenne Electric models combine the Porsche brand’s signature proportions with a clearly developed design language. “The new Cayenne is unmistakably Porsche and unmistakably Cayenne. We’ve built on proven design features and preserved what makes this SUV unique. The result is a modern design concept that carries the Cayenne into the future,” says Michael Mauer, Head of Style Porsche. Highlights include the low bonnet with slim Matrix LED headlights. These emphasise the width of the vehicle and combine all lighting functions into one module. The strongly contoured wings are also very typical of other Porsche designs, as is the flyline – the iconic gently sloping roofline.
Michael Mauer, Head of Style Porsche
The side view is characterised by frameless doors and a striking crease in the door surface. The side skirts have a distinctly three-dimensional design and are painted in Volcanic Grey Metallic and, on the Cayenne Turbo Electric, in high-gloss black. The two-tone concept underlines the car’s sporting proportions. The model-specific wheel arch trims emphasise its off-road character. Striking details at the rear, such as the light strip with its distinctive 3D look and animated graphics, as well as the illuminated Porsche lettering, underline the modern design language. The Cayenne Turbo Electric features numerous contrasting elements in the exclusive Turbonite colour. These include the Porsche crests, the faces of the alloy wheels and the side window trims. Delicate accents in Turbonite enhance the light strip and the Porsche lettering.
For customers with special requirements in terms of approach angle and robustness, there is the Off-Road package. Its front section with modified geometry helps to safely navigate rough dirt roads, particularly steep ascents or descents and difficult terrain.
Thanks to a drag coefficient of 0.25, the new Cayenne Electric models are one of the most aerodynamic SUVs in their class, offering benefits in terms of range and energy consumption. The Porsche Active Aerodynamics (PAA) system precisely adapts the car’s aerodynamic properties to the respective driving situation and speed and, alongside an efficient control strategy, also contributes to the driving dynamics expected of the brand with extra downforce. The active aerodynamic elements include movable cooling air flaps in the nose, an adaptive roof spoiler and the innovative, active aeroblades at the rear of the Turbo. They extend the lateral tear-off edges and improve the flow characteristics, which leads to an increase in range, especially at higher speeds. Other aerodynamic measures include air curtains in the front bodywork, an almost completely enclosed underbody, special aero wheels and a diffuser at the rear.
A new level of utility, comfort and individuality
The new Cayenne Electric models are 55 millimetres longer than the combustion-engined model. The new SUV is 4,985 mm long, 1,980 mm wide and 1,674 mm high. The difference is greatest in the wheelbase (3,023 mm), where an increase of almost 13 cm means more rear legroom and comfort for the passengers in the back than ever before. The rear seat system is electrically adjustable as standard and offers flexible adjustment options from a comfort position to a cargo one. Luggage capacity is 781 to 1,588 litres, plus the 90-litre front luggage compartment. The new car’s utility value is also underlined by its towing capacity of up to 3.5 tonnes, equipment-dependent.
The newly introduced Mood Modes turn the interior into an experience space that adapts to mood and situation. Depending on the selected program, the seating position, lighting mood, air conditioning, sound profile and the display appearance change. The sliding Panoramic Roof with Variable Light Control, an electrically switchable liquid crystal foil, provides an airy feeling of space. Another highlight is the new panel heating: it not only warms the seats, but also large areas of contact surfaces such as armrests and door panels. The range of comforts is complemented by extended ambient lighting including a communication light – an animated light strip that welcomes passengers as they enter the car and visualises various vehicle states, such as the charging process.
Never before has a Cayenne been so comprehensively and individually customisable as the new electric model. Customers can choose options: from 13 standard colours, nine wheel designs from 20 to 22 inches, 12 interior combinations as well as up to five interior packages and up to five accent packages. Thanks to the Porsche Exclusive Manufaktur, the extended exterior colour range of Paint to Sample and the Sonderwunsch programme, customers can also individualise their Cayenne according to their personal wishes, from a host of options all the way up to a complete one-off.
Porsche Design’s program of custom-built timepieces has been expanded to include the SUV model range. This means that Cayenne customers can now also order a watch from Porsche’s own Swiss watch manufacturer that is tailored to their vehicle down to the last detail.
Porsche Driver Experience – largest display area in a Porsche
In the field of digitalisation, the new Cayenne Electric models take the driving experience to a new level. At the heart of the newly developed Porsche Driver Experience is the Flow Display – an elegantly curved OLED panel that blends seamlessly into the centre console and allows clear separation between the display and control areas. It is complemented by a fully digital instrument cluster with 14.25-inch OLED technology and a 14.9-inch optional passenger display. Together, the result is the largest display area ever found in a Porsche. For the first time in the Cayenne, a head-up display with AR technology is also available, which visually represents an 87-inch display area 10 metres in front of the vehicle. All displays are seamlessly embedded into the interior architecture. In contrast, the buttons and controls for particularly frequently used functions, such as air conditioning and audio volume, are analogue. In addition, a hand rest has been developed that enables the driver to operate the digital and analogue elements ergonomically – even in particularly dynamic driving situations.
Sajjad Khan, Member of the Executive Board, Car-IT
The new Porsche Digital Interaction is a digital operating philosophy and design language that expands the Porsche Driver Experience and is geared towards individualisation and quick access to functions. Widgets allow access to preferred functions, while the Themes app customises the colour scheme of all displays. Numerous thirdparty apps can be integrated directly into the vehicle via the Porsche App Centre. Diverse streaming and gaming features take the digital experience to a new level. The new Voice Pilot also contributes to this. Thanks to artificial intelligence, it understands complex, interrelated queries, recognises the context and responds like a real conversation partner. It enables the navigation to be controlled intuitively and extensive online knowledge can be accessed. With the Porsche Digital Key, the smartphone and smartwatch become vehicle keys that can be shared digitally with up to seven other users.
New standards through electrification – trio of powertrains beyond 2030
The new Cayenne Electric models now complement the existing selection of drive types, which will continue to be offered in parallel worldwide.
“Inspiring customers is our top priority at Porsche. With the electrification of the Cayenne, we are reaching a new level of performance that sets standards for the future. At the same time, we will continue to develop the Cayenne with efficient combustion and hybrid drive systems well into the next decade,” says Matthias Becker, Member of the Board of Management, Sales and Marketing. “This strategy also applies to Porsche’s entire model portfolio: in every segment in which we are represented, customers will in future have the choice between fully electric and combustion-engined powertrains.”
Australia
In Australia, the new Cayenne Electric models will be additionally fitted with the following features as standard:
Tyre fit set
Privacy glass
Parking Entry Package (with Surround View and Self-Steering ParkAssist)
Digital radio
Exterior colour – up to and including the ‘Dreams’ range as No-Cost Options (NCO) (Base only, already NCO on Turbo)
14-way electric comfort seats with memory package (Base only, NCO for Turbo)
Panoramic roof system (Turbo only)
Seat ventilation (front) (Turbo only)
Four-zone automatic climate control (Turbo only)
The new Cayenne Electric models are available to order now and are expected to arrive in Australia from Q3 2026. Prices in Australia start at $167,800 for the Cayenne Electric and $259,900 for the Cayenne Turbo Electric. >
¹ Cayenne charging time for direct current (DC) with maximum charging power from 10% SoC to up to 80% SoC under optimal conditions (CCS fast charging station supplying >390kW, >850 V, >520A, plus a battery temperature of 15 °C, initial state of charge of 9% and remaining range <60 km).
1 Battery charge level and battery temperature may affect the performance of the push-to-pass function. Published figures should only be used for the purpose of comparison between vehicles. Information provided and images displayed on our websites or links therefrom may relate to models, performance characteristics, optional extras and features only available in overseas models of the vehicle and must not be relied upon as they may be unavailable in Australia. Please note, product changes may have been made since the production of any content. Please contact an Official Porsche Centre for specific information on current data, vehicles, performance characteristics, optional extras and features available in Australian delivered vehicles
² Battery charge level and battery temperature may affect the push-to-pass performance.
³ Cayenne recharged range in 10 min for direct current (DC) with maximum charging power under optimal conditions (CCS fast charging station with > 390 kW, > 850 V, > 520A, battery temperature of 15°C, initial state of charge 9% and remaining range < 60km), based on WLTP consumption of a vehicle with standard equipment according to the German country version.
⁴ Cayenne charging power under specific conditions with CCS fast charging station with > 400 kW, > 850 V, > 520A, initial state of charge 45% – 48%, battery temperature of 40°C – 42°C. Maximum charging power for direct current (DC) when charging from 10% SoC to up to 80% SoC under optimal conditions: 390 kW (CCS fast charging station with > 390kW, > 850 V, > 520A, battery temperature of 15°C, initial state of charge 9% and remaining range < 60 km).
^PS (PferdeStärke, German for horsepower) is the standard unit used in the European Union to measure the power output of a motor in ‘metric horsepower’.
#Charging times are based on rates observed during Porsche AG testing on a test vehicle in controlled test conditions using a high speed DC charger for vehicle comparison purposes only. The rates of charge you experience will differ depending on a number of factors such as the ambient conditions, battery size, the amount of charge the battery has and the type of charger. Public DC chargers are typically faster than AC chargers installed at residential premises. We recommend charging to 80 per cent to assist in maximising your vehicle’s battery range and battery life over time. Please contact an Official Porsche Centre for information regarding Australian delivered models.
*The published kilometre (km) range figures are based on laboratory test results from Porsche AG calculated in accordance with the Worldwide Harmonised Light Vehicle Test Procedure (WLTP) regulation for European delivered Cayenne Electric models (WLTP combined range). The WLTP combined range is calculated by completing the WLTP combined cycle which is a standardised 30-minute test that averages four different driving conditions: low, medium, high and extra-high speeds. The data is intended to help compare with other vehicles which have published WLTP combined cycle data. Data for Australian specific models will be published when available. Actual range you experience will vary depending on a number of factors such as speed, traffic and weather conditions, driving habits, elevation change, how much weight the vehicle is carrying, use of vehicle features/accessories such as heating or air-conditioning, and wheels/tyres among others. Please contact an Official Porsche Centre for information regarding Australian delivered models.
~Porsche AG expects the Porsche Wireless Charging system will be available to order in Australia in Q4 2026. All Cayenne Electric models delivered in Australia will be fitted with pre-wiring to enable retrofitting of the Porsche Wireless Charging hardware at a future date if available, unless a customer chooses for the wiring not to be added to their vehicle.
>Price is the recommended retail price before statutory on-road and dealer delivery charges, which vary from State to State and between dealers. Driveaway pricing is available via the Porsche Car Configurator at Porsche.com.au. All prices shown are based on a standard specification vehicle with no optional equipment (unless otherwise selected). Final prices may vary from dealer to dealer and according to individual circumstances. Prices are subject to change without notice.
“Enter Electric!“
The Volkswagen Group invites you to find out much more about electromobility with a cross-brand communication campaign. You can find more information about electromobility at Porsche on this Newsroom microsite.
Australian Facebook and Instagram users under 16 will be notified starting Thursday that their accounts will be deactivated by 10 December, as Meta begins to comply with the Albanese government’s social media ban.
Users affected by the ban will receive 14 days’ notice of their pending account deactivation through a combination of in-app messages, email and SMS before their access is cut off.
The ban will affect users on Facebook and Instagram, as well as Threads, as an Instagram account is required to use that platform. Messenger is excluded from the ban – but Meta has had to develop a way for users to keep access to Messenger without a Facebook account as a result of the ban.
Meta will begin stopping access to existing accounts and blocking under-16s from registering new accounts from 4 December, with access removed for all affected accounts by 10 December, the company said.
Teenagers who will have their accounts deactivated can download and save their posts, messages and short videos, or Reels. They will be able to return to their account once they turn 16, or opt to delete their account entirely.
“When you turn 16, and can access our apps again, all your content will be available exactly as you left it,” said Mia Garlick, Meta’s regional policy director.
“We also ask parents to work with their children to ensure the correct birth date is registered on their social media accounts.”
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Meta said it would send the messages to all accounts it “understands” to be under 16 but would not say how it was determining which accounts may be under 16, to avoid explaining to under-16s how the ban may be circumvented.
If Meta mistakenly flags a user who is 16 or over as under 16, they can use facial age assurance – meaning taking a video selfie – or provide a government ID using Yoti’s age assurance technology. Accounts seeking to change their age from under 16 to over must verify their age.
Meta said it expected there would be errors in estimating age – as was evident in the age assurance technology trial – but the company believed this was the least privacy-intrusive way to estimate age.
Meta on Wednesday said it was investigating an issue where users in Australia who put their age in as under 16 were not able to register a new account on Instagram, and said it was unrelated to the changes announced on Thursday.
The tech giant is complying with the ban but continues to argue that its teen accounts setting – which limits who teenagers can contact, restricts advertising and gives parental control – would be a better alternative to a ban.
Meta has also said it believes there should be age verification done through the app stores.
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“While we are working hard to remove all users who we understand to be under the age of 16 by 10 December, compliance with the law will be an ongoing and multi-layered process,” said Antigone Davis, Meta’s global head of safety.
Meta is the first tech company to state how it will comply with the ban before 10 December. Facebook, Instagram, TikTok, X, YouTube, Snapchat, Reddit and Kick are covered by the ban as it is set to begin next month.
Other companies are expected to explain their position in the coming weeks. TikTok and Snapchat have said they will comply with the ban.
YouTube maintains it should not be included in the ban but has yet to state whether it will comply. The company previously indicated it may launch legal action but has yet to embark on that course of action.
NSW Libertarian politician John Ruddick has said he plans to seek a hearing in the high court to challenge the law on the grounds of freedom of political communication.
Elon Musk’s X platform has also expressed its opposition to the ban, and has not yet said whether it will comply with the law.
Have you received a notification from Facebook or Instagram that you account will be shut down? Get in touch with Josh at josh.taylor@theguardian.com
Cachexia, a complex wasting syndrome, impacts an estimated 9 million people worldwide.[i] In people living with cancer, cachexia can diminish the tolerance of therapies and is linked to reduced survival rates. Currently, there are no FDA-approved treatments targeting its underlying cause.
Over time, the way researchers and physicians understand cachexia has evolved, with growing focus on uncovering the biology behind this devastating disease.
In an effort to address a critical gap in care and help patients and their caregivers, a team of Pfizer scientists launched a promising research program targeting this often-overlooked condition by working to understand the underlying biology of the disorder, leveraging cross-functional expertise, and seeking early patient input early throughout the development process. This effort led us to focus on the growth differentiation factor 15 (GDF-15) and its potential as an important therapeutic target for this devastating condition.
Understanding Cancer Cachexia: A Three-Part Explainer Series
Graham Ferrier, Global Oncology Medical Lead and one of the dedicated minds behind the program, breaks down the complexities of this condition in a three-part explainer series, shedding light on just how serious cachexia is:
1. What is cachexia? This video offers an overview of cachexia—what causes it, how it differs from general weight loss, and why it is so difficult to manage in people living with cancer.
2. Who does cachexia affect and how? Learn about who cachexia affects, how it adds to the challenges faced by people living with cancer, and why it remains so difficult to treat.
3. What is GDF-15? Discover how our scientists are identifying the underlying biology of cancer cachexia.
Black Friday is almost here and there will be plenty of discounts across categories, including beauty, home, kitchen, sneakers and more. In fact, many retailers have already launched a number of early deals. And though there are thousands of sales to take advantage of, every year, a handful of items sell out in a snap. Last year, for example, a popular doll my daughter had been begging for was 50% off. I added it to my cart but then paused, debating whether she really needed it. By the time I made my decision — poof — it was sold out.
To help you avoid missing out on deals, I spoke with retail experts to try and gather intel on what items are most likely to sell out this year. Check out what they had to say below.
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How I determined what is most likely to sell out during Black Friday
To predict what is most likely to sell out during Black Friday sales in 2025, I spoke with retail experts about trends they’re seeing across shopping categories. I also asked them what types of items have historically been popular during Black Friday sales.
On top of that, I spoke with other NBC Select editors who have covered Black Friday sales for many years. I asked them what type of items they’ve noticed tend to sell out each year.
It is important to note that these are just predictions based on trend forecasting about what is likely to be popular this year along with historical data on previous years’ top sellers.
What items are most likely to sell out during Black Friday?
According to the experts I spoke with, there are a handful of categories that tend to be most popular during Black Friday and Cyber Monday, while other categories tend not to be as popular. For example, clothing and shoe sales tend not to be as popular during Black Friday because those items tend to be on sale more frequently throughout the year, says Ronald Goodstein, an associate professor of marketing at Georgetown University’s McDonough School of Business. Below are categories that experts said are most likely to have items that will sell out:
Electronics: Tech products like televisions tend to be very fast sellers, says Goodstein. When it comes to TVs specifically, many brands will deeply discount older, discontinued models to clear any remaining stock — this means there likely isn’t a ton of stock and they will sell out quickly, says NBC Select’s tech reporter Harry Rabinowitz. In addition to televisions, Rabinowitz says that the latest Apple Watches and Apple Airpods Pro often go out of stock when they’re on sale. “Apple AirPods Pro 3 launched in September and they have never been on sale,” he says. “I’m assuming they will go on sale for Black Friday and may sell out.”
Video game consoles and games: According to Adobe, video game consoles are expected to see a 1,040% uptick in sales over Black Friday and Cyber Monday compared to the daily average of sales between January and August. Likewise, video games are expected to see a 1,010% increase during this time. Given the demand, it is likely that popular consoles and games may sell out quickly. Henry Jin, a professor of supply chain management at Miami University’s Farmer School of Business, predicts that the Nintendo Switch 2 will be “the number one hot item.”
Small household appliances: Goodstein says that small household appliances also tend to sell quickly during Black Friday sales — especially higher-priced items that don’t get marked down very often. Historically, cooking appliances from Ninja and vacuums from Dyson and Bissel’s Little Green Machine have been popular with NBC Select readers. Last year, the Amazon Smart Plug and the Kitchen Mama Auto Electric Can Opener were also top sellers amongst NBC Select readers.
Beauty and wellness tech: Adobe also predicts high-ticket beauty tech like the Dyson’s Airwrap Multi Styler will be popular come Black Friday and Cyber Monday. “Beauty products that go viral on TikTok — like the Dyson Airwrap — always seem to sell out,” says NBC Select editor Mili Godio. Wellness tech is also predicted to be popular, with Adobe reporting an estimated 1,055% increase in fitness tracker sales over the shopping holiday and the Oura Ring 4 being particularly popular.
Early deals to shop now before they sell out
As mentioned, there are a number of early Black Friday deals to shop. If you want to avoid items selling out, it’s smart to start shopping now. Below, I gathered some deals that are live now on products experts said are more likely to sell out.
This 55-inch premium television from Sony has a QD-OLED screen that provides crisp, clear image quality and is powered by Google TV, giving you access to thousands of apps, according to the brand. This television is particularly good for PlayStation gamers, as it automatically adjusts the HDR settings on your gaming console to the TV for detailed, high-contrast scenes, according to Sony.
Lowest price ever
The Dyson Airwrap has been historically a big seller when it goes on sale for Black Friday. Though the jury is still out on whether that tool will be discounted this year, Shark’s FlexStyle has similar benefits and is currently at its lowest price ever. A similar version from the brand made our list of the best blow dryer brushes because you can use the tool as a hair dryer, or you use one of the auto-wrap curlers to add waves to your hair. NBC Select associate social media editor Caitlin Cusack uses this dryer and says it has cut the time she spends on her hair in half. The FlexStyle also uses intelligent heat control to automatically adjust the temperature to avoid burning your hair, according to the brand.
Lowest price ever
Garmin makes some of our favorite watches for health tracking and, currently, the Forerunner 965 is at its lowest price ever. It has a touchscreen, plus button controls on either side of the watch face. You’ll get up to 23 days of battery life in smartwatch mode and 31 days in GPS mode, according to the brand. “I’ve tested a lot of Garmin watches, including other versions of the Forerunner series — they’re the best option for runners,” says Rabinowitz. “With the 965 in particular, you get some of Garmin’s most advanced training metrics plus maps and navigation built right into the watch.”
Lowest price ever
The PlayStation 5 version of this popular game has a feature called QB DNA that leverages real quarterback play calls and game situations to allow you to enact player-specific behaviors and signature throwing motions, according to Madden. You can also play in different weather conditions, just like in real life, which impacts how your players move and creates new challenges.
Lowest price ever
Dyson deals are always a favorite amongst NBC Select editors and readers and this cordless vacuum from the brand is currently on sale. You’ll get up to 40 minutes of suction on a full charge and the Motobar cleaner head works on all types of floors, according to the brand. It comes with a hair screw attachment that’s good for picking up pet hair and a crevice attachment to help you reach between couch cushions and other tight spots. You can also detach the top to use it as a hand vacuum.
I’ve had my eye on a new KitchenAid mixer for quite some time and have noticed that when they do go on sale, they tend to run out quickly. This model comes in 19 colors, all of which are marked down. The mixer comes with a five quart stainless steel bowl, a plastic splash guard and three attachments — a whisk, paddle and dough hook. The tilt head makes it easy to add ingredients to the blow and it has 10 different speeds.
Last year a similar food storage set from Rubbermaid was a top seller amongst NBC Select readers. I have a number of these containers and use them for all my meal prepping needs. I like that they are BPA-free and that the lids have steam vents for when I stick them in the microwave. You get a total of 22 containers of varying sizes with matching lids with this set.
Frequently asked questions
If a deal you’re interested in is sold out, be wary of websites that offer you alternatives. “If the alternative comes from a brand you’re not familiar with, you can’t be sure about the quality,” says Goodstein, who suggests staying away from these deals unless it is a brand you know and that has good ratings.
There’s nothing worse than buying something only to see it get marked down a short time later. Depending on how close to Black Friday you’ve purchased it, you may have some recourse. “Some retailers have price matching guarantees, so if you buy something and then it drops to a lower price within two weeks, for example, they’ll honor the lower price and refund you,” says Goodstein. “But if a retailer doesn’t have a price matching guarantee, check their return policy. If they do free, easy returns on anything you buy, it might be worth it to get the product you’re worried about selling out and you can always send it back later.”
Meet our experts
At NBC Select, we work with experts with specialized knowledge and authority based on relevant training and/or experience. We also ensure all expert advice and recommendations are made independently and without undisclosed financial conflicts of interest.
Ronald Goodsteinis an associate professor of marketing at Georgetown University’s McDonough School of Business.
Henry Jinis a professor of supply chain management at Miami University’s Farmer School of Business.
Why trust NBC Select?
I’m a contributor at NBC Select and a journalist who regularly covers beauty, home and lifestyle. I have also covered major sales — including Amazon Prime Day and Black Friday — for over a decade.
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November 19, 2025
Minutes of the Federal Open Market Committee, October 28-29, 2025
For release at 2:00 p.m. EST
The Federal Reserve on Wednesday released the minutes of the Federal Open Market Committee meeting that was held on October 28–29, 2025.
The minutes for each regularly scheduled meeting of the Committee are generally published three weeks after the day of the policy decision. The descriptions of economic and financial conditions contained in these minutes are based solely on the information that was available to the Committee at the time of the meeting.
The minutes can be viewed on the Board’s website.
For media inquiries, e-mail [email protected] or call 202-452-2955.
The government has been urged to take control of the sale of the Telegraph through an auction run by a body such as the UK competition regulator or the Cabinet Office.
Peers called on the culture secretary, Lisa Nandy, to wrest the sale process from RedBird IMI, which is majority funded by the United Arab Emirates, in questions put to Labour minister Fiona Twycross in the House of Lords on Wednesday.
RedBird IMI has been forced to restart the sale process after its junior partner in the joint venture, Gerry Cardinale’s US-based RedBird Capital Partners, pulled out of a deal to buy the Daily and Sunday Telegraph on Friday.
Christopher Fox, the Liberal Democrats spokesperson for business, said the Telegraph needed an independent “white knight” buyer and argued that those involved in previous attempts to buy the titles should not be allowed to lead the process. He added that the Department for Culture, Media and Sport (DCMS) had mishandled the situation and suggested the Cabinet Office or an external adviser with experience of complex media transactions should take control instead.
The Conservative peer, Michael Forsyth, suggested that the government should turn to the Competition and Markets Authority (CMA) to pursue a “proper auction and have normal order restored”.
Lady Twycross said the government was “acutely aware” that the protracted sale has left the Telegraph and its staff “in limbo for too long”, but said that the culture department would continue to control the process.
She said: “The secretary of state has adhered to the letter of the law and diligently carried out her quasi-judicial responsibilities. There is no basis to the suggestion that the decision should be made elsewhere. Securing a swift outcome in the public interest is a priority for her.”
Nandy could refer Redbird IMI’s bid to the CMA to investigate whether it breaches laws on foreign state ownership, using new powers under the Foreign State Influence (FSI) regime.
If the CMA were to deem the bid unlawful, Nandy could order an independent sale of the titles at a market-led price, potentially run by the regulator and supervised by the independent directors who have overseen the Telegraph during the protracted process.
Another option could be to coordinate the process through the Cabinet Office.
However, IMI, which is controlled by Abu Dhabi’s Sheikh Mansour bin Zayed al-Nahyan, has said that while it purchased an “economic interest” in the Telegraph it has never sought to influence or control the titles.
The newspaper group has been in limbo for two and a half years after Lloyds Bank put it up for sale, having seized control from its former owners, the Barclay family, over unpaid debts.
RedBird IMI, which took control of the titles in late 2023, was forced to put them back on the market after new legislation banned foreign states from owning UK newspapers. It has been unable to find a buyer at the £500m price it is seeking.
Most media analysts believe that the titles are worth about £350m.
Any move to force a sale, especially one resulting in a significant loss for RedBird IMI, which would anger the UAE, would be politically unattractive for the government.
Becket McGrath, a partner at Euclid Law, said: “The mechanism [to force a sale] seems to act as a sword of Damocles here. Government can force a sale by initiating a process but the current owners are looking to sell anyway. So it would just trigger a lot of bureaucracy and forces a bigger loss on them. It is not tempting for the government.”
RedBird Capital’s aborted bid, which could have been referred to Ofcom and the CMA on public interest grounds, would also have included small stakes from the owner of the Daily Mail and billionaire Sir Leonard Blavatnik.
A new sales process could revive interest from GB News investor Sir Paul Marshall, who acquired the Spectator in September 2024 for £100m, and Lord Rothermere’s Daily Mail & General Trust (DMGT).
However, a bid from DMGT, which already handles the Telegraph’s printing and advertising sales, would trigger regulatory scrutiny over competition concerns.
Lord Saatchi and Lynn Forester de Rothschild also tabled a bid last August for £350m, plus a promise of further payments dependent on performance, which was also rejected by RedBird IMI.
