Another Dow record | Dimon learns a lesson | Buying with 'infinite leverage'?

Stock edged higher to new records on Tuesday, encouraged by fading trade war worries.

VIEW IN BROWSER | SUBSCRIBE TUE, NOV 05, 2019 EVENING BRIEF AS OF TUE, NOV 05, 2019 • 04:03 ET DJIA 27492.53 +0.11% +30.42 S&P 500 3074.67 -0.12% -3.60 NASDAQ 8434.68 +0.02% +1.48   Most Active DOW NAME LAST CHG %CHG WBA 61.21 +1.56 +2.62% AAPL 257.13 -0.37 -0.14% INTC 57.55 -0.06 -0.10% S&P 500 NAME LAST CHG %CHG AMD 36.12 -0.17 -0.47% GE 10.97 +0.04 +0.37% BAC 32.82 +0.42 +1.30% NASDAQ NAME LAST CHG %CHG AMD 36.12 -0.17 -0.47% WBA 61.21 +1.56 +2.62% MYL 17.79 -1.95 -9.88% EDITOR'S NOTE There may have been a time, not too long ago, when stock prices could ride on promises, but that time has passed. The latest case in point: Uber.   The ride-hailing company on Tuesday promised "total company EBITDA profitability for the full year 2021." But when analysts asked executives how they would achieve that goal, they got few details. So Uber stock took a ride downtown:     The market may be at record highs but it is no longer taking promises, as long evidenced by WeWork. J.P. Morgan Chase CEO Jamie Dimon told CNBC on Tuesday that he learned a few lessons while advising the troubled office space-sharing company, which dashed plans for an initial public stock offering in September because it couldn't offer more than a promise of profitability.   WeWork should have had better corporate governance, Dimon said. "There are a lot of lessons to be learned on the way by everybody involved," he said, "and I've learned a few myself."   Robinhood, which has disrupted the brokerage industry with its no-fee trades, is learning a lesson, too.   Some of its users found a way to borrow whatever they wanted for margin trades by manipulating the app, CNBC's Kate Rooney writes. One user boasted that he took a $1 million stock position with just a $4,000 deposit. It was called "infinite leverage" on Reddit.   How's that for a promise?   Navigating the world of financial products such as credit cards can be confusing. That's why we launched CNBC Select where we simplify the process by crunching the numbers, reviewing dozens of offers and providing you with all the information you need in one place. Click here to learn more. Al Lewis | CNBC Markets Editor @tellittoal TOP NEWS  Dow inches higher to another record When the market is up this much through October, it usually finishes the year strong Walgreens shares rise on report company is in talks to go private Jamie Dimon says WeWork will survive and that he's learned some tough lessons from the debacle Uber promised profits, but offered few details when analysts hammered it with skeptical questions 'Infinite leverage' — some Robinhood users have been trading with unlimited borrowed money The secret behind the greatest modern day moneymaker on Wall Street: Remove all emotion Schwab CEO blames the Fed's rate cuts for layoffs Trump ambassador changes testimony, admits telling Ukraine there would be no US aid without investigations Uber's lockup expiration may be muted because a ton of shares are underwater     TOP VIDEO Lot of market downside if Warren gets elected: Former Dallas Fed Reserve President   CNBC PRO 'Time to beef up' — Bernstein upgrades Beyond Meat to outperform, sees 30% upside   SPECIAL REPORTS Traders are split on whether McDonald's or Chipotle is the best bet Top Morgan Stanley fund manager sees stocks rallying another 5% before 2020, led by cheap value stocks   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2019 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS