Netflix shares fell after cutting its ad forecast and posting soft Q4 guidance, prompting co-CEO Ted Sarandos to pledge a refocus on quality core content.
SpaceX shares jumped over 8% after a huge Q3 revenue beat driven by its AI business and Starlink, while Elon Musk floated a potential merger with Tesla.
Driven by high fuel and energy costs, UK inflation hit a one-year peak of 3.5% in September, increasing pressure on the budget and Bank of England rates.
Elon Musk says merging SpaceX and Tesla is a good idea as both form committees to explore a deal. SpaceX also posted record Q3 AI revenue of $7.6B.
RTX stock rose after beating Q3 revenue and EPS estimates. The aerospace giant raised its 2026 outlook, driven by a record $340B order backlog.
SpaceX stock growth hinges on its new AI compute business. Analysts project up to $90B in 2027 neocloud sales and a potential Tesla merger.
OpenAI races to secure $30B at a $1.4T+ valuation before rival Anthropic's IPO, aiming to lock in capital and avoid direct comparisons amid tech volatility.
Unemployment fell to 4.7% as employment grew, but vacancies dropped to 691,000—a multi-year low driven by rising employer labour costs.
Microsoft has withdrawn from Nscale's £2bn Loughton data centre due to power delays extending into the 2030s. Nscale still plans to proceed.
A rumored SpaceX-Tesla merger could push Elon Musk's net worth to $2 trillion, driven by an AI-focused corporate consolidation.
Taiwan plans to buy 6M metric tons of LNG annually and invest up to $4.4B in Alaska's pipeline project, boosting U.S. ties.
Moscow resumed diesel exports after a controversial deal with Trump to lower global fuel prices ahead of the U.S. midterms.
Nasdaq drops 1% as hot inflation fuels Fed rate hike fears, threatening AI funding and triggering a massive tech stock selloff.
New WH press sec Katie Zacharia claims to be a lawyer, but no records show she ever passed the bar exam.
US CPI rose 3.7% annually in September on a 9.1% gas surge and broad price pressures, driving market odds of a year-end Fed interest rate hike above 96%.
The PBOC approved Visa to establish a domestic card clearing business in China, joining Mastercard and Amex in the multi-trillion-dollar payments market.
Goldman Sachs faces succession friction: CEO David Solomon may not be ready to step down, while heir-apparent John Waldron might not wait indefinitely.
In 2027, Walmart will cover 250+ prescriptions—including Ozempic, Mounjaro for type 2 diabetes, insulin, and inhalers—at no cost to U.S. workers.
Nvidia pledges $250M in computing power over five years to UK researchers to advance AI safety safeguards amid rising risks from autonomous agent swarms.
Morgan Stanley beat Q3 profit estimates with EPS of $3.03 on $20.34B revenue, driven by a 41% jump in equity trading to $5.8B despite private credit outflows.
BofA missed Q3 profit estimates as trading fell 5% and a $1.2B anti-money laundering penalty hit earnings, sending premarket shares down 6%.
Aviation must recruit 2.44M workers over 20 years—including 730k techs—as the global commercial aircraft services market expands to $420B.
Anthropic warned small AI models could autonomously replicate across insecure IoT devices by late 2026, creating malware-like threats with no central kill switch.
Citi reported Q3 net income of $5.25B ($2.85/share), beating estimates on strong investment banking, services, and wealth revenue despite lower card profits.