Finance & Business News

Anthropic Investors Push for Cautious Valuation Closer to $1.5 Trillion - WSJ

Institutional investors who plan to buy shares in IPO show concern following a selloff in tech stocks

What Millions of Data Points Reveal About US Inflation - Bloomberg.com

The Bloomberg Price Project offers an independent read on inflation: The headline is high, but the details reveal some price pressures easing.

Earnings live updates: Roku posts earnings beat ahead of acquisition by Fox - Yahoo Finance

The third quarter earnings season is over halfway done, and the reports continue to pour in.

Oil prices slide in biggest drop since July on hope for more Iran talks - NBC News

President Donald Trump twice replied “No” when he was asked if the U.S. plans to resume strikes on Iran after the midterms.

The Intel stock collapse is getting worse — and the $3.7 trillion chip rout is spreading - Yahoo Finance

Intel's slide spread through memory and storage stocks Monday as most of Wall Street moved on from last week's tech sell-off.

Feeling isolated? Half of in-office workers describe their desk jobs as 'remote,' NY Fed survey finds - CNBC

Employees describing jobs as 'remote' are now often in-office, as companies fail to create the collaboration they claim is critical, NY Fed research shows.

Snap settles with two teens during trial testing claims social media caused depression, eating disorders - NBC News

Snapchat parent Snap Inc has reached a settlement during a trial over claims brought by two teenagers who say the company designed the platform to be addictive, causing their depression, anxiety and eating disorders, attorneys for the plaintiffs said on Monda…

Dow Rebounds After Friday’s Selloff as Oil Slides - WSJ

New York Times and other outlets sue web browser Brave over alleged content scraping - TechCrunch

The New York Times is suing privacy-focused web browser company Brave for allegedly scraping the outlet’s copyrighted content and unlawfully distributing it to its own customers, like Anthropic and Perplexity.

U.S. Treasury, European Bond Yields Fall as Oil Prices Drop - WSJ

Investors are focused on the U.S. midterm elections, details of the Treasury’s quarterly refunding announcement and monthly employment data

AMD to report Q3 results following disappointing showing from Intel - Yahoo Finance

AMD will report its third quarter earnings after the bell Tuesday.

Judge allows class action McRib lawsuit against McDonald's to proceed - ABC News - Breaking News, Latest News and Videos

Oracle stock slides as it borrows another $10 billion for AI spending - Yahoo Finance

Oracle used up its whole fundraising plan in one day, and its stock and bonds both took the hit.

Chili’s customers in North Carolina suffer burns after sipping margaritas mistakenly made with cleaning chemical - NBC News

A Chili’s Grill & Bar in North Carolina is back in business after three customers and two workers suffered chemical burns on their mouths from sipping margaritas mistakenly made with a cleaning chemical last week.

Billionaire Ray-Ban heir eyes $33B takeover of family firm: report - New York Post

The 31-year-old nightclub owner is vying to boost his stake from 12.5% to to 37.5%.

Micron Stock Needs Markets to Clear These 3 Hurdles - Barron's

Micron stock falls as investors continue to worry about AI spending.

Hackers Raise Supermarket Freezers to 55°C as Cyberattack Spreads Across Seven EU Countries - UNITED24 Media

Food spoilage soared after hackers accessed supermarket systems, with some stores in Sweden and Estonia reporting freezers set to 50–55°C.

Berkshire Hathaway’s Alphabet Loss Exposes Weak Stock-Picking Record - Barron's

Recent investments and ill-timed sales have disappointed even as Berkshire’s longstanding holdings have delivered gains.