Finance & Business News

Apple and Palantir shares slide in premarket trading following post-bell earnings - CNBC

The iPhone-maker and software giant fell after earnings failed to impress investors.

Blackstone president calls for more equity to fund AI buildout as debt risks mount - CNBC

Blackstone President Jon Gray says AI infrastructure needs more equity as debt investors face concentration risks amid massive spending plans.

China halts listings in bid to bolster struggling markets - Financial Times

CSI 300 index posted worst month in more than a decade in October

Baked by Melissa enters Target with first at-home cupcake mix - CNBC

Baked by Melissa is launching bite-size cupcake kits at Target as the retailer heads into the critical holiday shopping season.

Exclusive | Carl Icahn’s CVR Energy Near Over $4 Billion Deal for Marathon Refineries - WSJ

The deal comes as global conflicts have boosted U.S. refiners’ sales

Disney Expected to Lay Off Thousands of Staffers in Biggest Round of Cuts This Year - Variety

Disney is gearing up for a significant round of layoffs, with some managers told to cut annualized expenses by 20%, Bloomberg News reported.

Anthropic Claims to Be Near Recursive Self-Improvement - Gizmodo

In the latest filing related to Anthropic's IPO, the company says RSI could be arriving "imminently," which would mean self-improving AI.

Australia hikes rates to 18-year high to fight inflation - CNBC

The Reserve Bank of Australia's decision was in line with expectations from economists polled by Reuters, and marked its fifth rate increase this year.

Dow Jones Futures: AI Trade Dives As Apple Tumbles On Earnings; Midterm Elections Next - Investor's Business Daily

Dow Jones Futures: The AI trade dived Monday, while Apple stock sold off on earnings late. The midterm elections are Tuesday.

North Korea denies being behind record $6.3bn Binance hack - BBC

US government agencies and cyber analysts have blamed Pyongyang for the record-breaking heist.

S&P 500 futures are flat as investors weigh Apple earnings; U.S. midterm elections loom: Live updates - CNBC

The S&P 500 and Nasdaq Composite started November with losses as investors sold tech stocks.

Here's What to Expect From Black Friday 2026, Including Retailer Sale Schedules and Deal Predictions - IGN

Gas prices are set to be highest for any Election Day in U.S. history - The Washington Post

Recent polls show voters blame Republicans for the elevated costs.

Palantir Stock Tumbles Even as Earnings Get Big Boost From U.S. Customers - Barron's

Palantir Technologies stock rose after the data software company reported better-than-expected third-quarter earnings, headlined by surging growth in business-to-business sales.

Marvell, Lumentum tout historic $115B deal to create ‘category leader’ in AI connectivity - Fox Business

Marvell CEO Matt Murphy calls the $115 billion Lumentum acquisition a once-in-a-generation move to create a dominant AI connectivity leader.

Stock Market Today: S&P 500, Nasdaq close lower as tech selloff deepens, but Dow rises and oil prices drop - MarketWatch

The S&P 500 and Nasdaq Composite erased early gains to closer lower, as a brief bounce in technology stocks faded quickly. Meanwhile, the Dow rose as oil prices fell by the most in months.

Approval of a cheap version of HIV-prevention shot lenacapavir raises hopes in low-income countries - AP News

The U.S. Food and Drug Administration has approved a generic version of the world’s only twice-a-year shot to prevent HIV. This is a big step toward making the extremely effective drug available inexpensively and quickly in 120 low- and middle-income countrie…

Redeemer Health files bankruptcy, Holy Redeemer Hospital in Abington to be sold or close - Glenside Local

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