Bitcoin dipped under $90k as worries over AI profits hit tech stocks and risk appetite; ether fell 4% and crypto weakness spread across markets.
Oracle stock dropped 12% after the company projected sales and profit below expectations as AI-driven spending failed to boost earnings.
Barclays has invested in United Fintech, joining major banks like Citi and BNP Paribas. The platform has acquired seven fintechs since 2020 and strengthens bank–fintech collaboration.
Trump administration holds first Gulf drilling auction, offering 81M acres at lower royalty rates to boost industry as bids come in from 26 companies.
Airbus CEO Guillaume Faury says Boeing may win this year's order race for the first time in six years, though Airbus still leads in deliveries and backlog
Berkshire reshapes leadership as Todd Combs exits for JPMorgan's major investment project. Greg Abel readies to take over as CEO, ending Buffett's six-decade era.
IMF urges China to speed reforms as it leans on exports and debt. Its $1T trade surplus and rising global share draw criticism over cheap goods and slow domestic demand.
Yen slips on rate-gap pressure before BOJ meeting; dollar holds steady as markets await a tense Fed decision and possible rate cut.
Turkish economy experienced a larger-than-anticipated slowdown in its third-quarter growth figures. This development is now significantly fueling market expectations for further interest rate cuts by the central bank.
The EU has launched an antitrust investigation into whether Google improperly uses web and YouTube content to train its AI systems.
Home Depot forecasts flat to 2% sales growth next year, signaling it doesn't expect a quick housing-market rebound.
Foreign investors now dominate Japan's government bond trading, driving up activity—and volatility—as their growing involvement raises risks of sudden market shifts.
IMF approves $1.2B for Pakistan, praising reforms and stability efforts as the country works to recover from economic crisis and flood impacts.
Trump announces $12B farm aid as tariffs hurt crop sales, especially soybeans. Relief uses tariff revenue while court reviews legality of his trade measures.
Paramount launches $108B hostile bid for WBD; analysts warn of tough fight with Netflix and heavy debt risks in struggling legacy media.
Meta partnered with CNN, Fox, and others to provide real-time news via its AI chatbot, aiming to boost its competitive edge.
UBS may cut 10,000 roles by 2027 due to the Credit Suisse merger, largely through natural attrition and retirement.
VW plans €160bn investment through 2030, down from prior plans, as tariffs in the U.S. and tough China competition hit profits and force strategy shifts.
TotalEnergies will merge its UK North Sea oil assets with NEO NEXT Energy, taking a 47.5% stake in the newly named NEO NEXT+.
China posts a record $1tn trade surplus as exports rebound. Sales to Europe rise despite a US slump, driven by strong ship, chip, and auto demand.
Trump cited antitrust risks for Netflix's $72B Warner Bros. deal, noting "big market share." Prediction market odds for the merger dropped to 23%
U.S. consumer spending rose just 0.3% in September as a weak labor market, higher living costs, and tariffs strained lower-income households, signaling easing economic momentum.
Netflix will buy Warner Bros Discovery's studios and streaming arm for $72B, turning the original streaming disruptor into a major traditional Hollywood studio.
Silver rose over 2% on Friday, nearing 58.98 an ounce, as ETF inflows surged—the highest weekly additions since July—boosting a strong market rally.