Ask someone to name a British aerospace company and the answer will almost certainly be Rolls-Royce or BAE Systems. Ask them who makes the de-icing fl…
Business Bulletin
Key Takeaways:
Gulf crude exports recovered to over 81% of prewar levels in September.
Tanker rates from the Persian Gulf to China approached $…
Key Takeaways
Moderna shares plunged 17.6% after falling 26% intraday.
Cancer vaccine cut recurrence or death risk by 42% with Keytruda.
Inv…
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Elon Musk reportedly invested $1 billion in Skydance following its major media merger.
Skydance now oversees Paramount and Warne…
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Meta hit with $25B judgment over misleading privacy claims.
AI firms face scrutiny over deceptive claims …
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LSEG agreed to acquire credit intelligence platform Octus for $3.54 billion.
The company raised its 2026 income growth forecast …
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Profit Forecast Cut: Southwest lowered its 2026 earnings outlook due to rising fuel costs.
Fares Rise: Average passenger fares j…
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New Shares: Meta introduces nonvoting Class C shares to support fundraising.
Voting Control: Zuckerberg protects his majority vo…
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IBM reported adjusted earnings of $2.95 per share, beating analyst estimates.
The company’s revenue rose 5% to $17.10 billion in…
Key Takeaways
Profit Surges: $4.4 billion profit on $14.6 billion revenue.
AI Revenue Jumps: Up 830% to $7.6 billion.
Spending Rises: $19.6 …
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Netflix reported quarterly earnings of $0.87 per share, beating analyst estimates.
Revenue rose nearly 12% to $12.87 billion dur…
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Elon Musk plans to give every American child 1 SpaceX share in 2027.
The proposed giveaway could cover 73 million children and co…
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$38 million raised: Funding will support AI development and expansion.
50-plus hospitals: Healthleap reports rapid customer growt…
Key Takeaways
China’s economy grew 4.5% in the third quarter, supported by strong exports.
The country recorded a $938 billion trade surplus du…
Microsoft exits Nscale’s £2 billion UK AI project.
Grid delays push power connection to the 2030s.
Nscale explores alternative power sources.
…
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CNN signed a multi-year agreement with Google to support AI experiments.
The partnership gives Google enhanced content rights fo…
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2028 Production Target: Tesla aims to begin Roadster production in 2028.
Flying Technology: The prototype uses 10 nozzles and hi…
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GTCR and Elliott will acquire CCC Intelligent Solutions in a $6.1 billion deal.
Shareholders will receive $7.75 per share, a 44%…
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Rate Decision Unclear: Fed delays signals on October rates.
Global Inflation: Central banks tighten monetary policy.
AI Growt…
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AstraZeneca will pay Insitro $40 million upfront for AI-driven drug discovery.
The partnership targets severe liver disease and …
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Perella Weinberg shares fell 16.3% after the merger talks ended.
Piper Sandler shares rose 5% following the announcement.
The…
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Bending Spoons shares surged 41% after Berkshire Hathaway announced another $330 million investment.
The investment raises Berks…
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Anthropic’s Q3 revenue jumps to $16.8 billion.
Company reports adjusted profitability.
Potential IPO looms amid rising AI comp…
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Houthi attacks have disrupted air travel and raised operating risks across Saudi Arabia.
An airport attack killed 13 people and …
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Bank of America faces more than $1.21 billion in total penalties.
A $1.2 billion FinCEN fine accounts for most of the total.
…
Key Takeaways
Ithaca offers $1.3 billion to take Bumble private.
Bumble faces falling paid subscriptions and slowing revenue.
New leadership…
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AI Launch: Meta unveils two AI models to rival OpenAI and Anthropic.
Leadership Move: Zuckerberg strengthens Meta’s AI strategy u…
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South Korea’s KOSPI fell 6% as memory chip stocks extended losses.
Samsung and SK Hynix shares each dropped roughly 8% during tr…
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Amazon is reportedly considering a $7 billion acquisition of AI startup Decart.
Decart develops software that helps AI workloads…
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800GB+ Data: NASA releases Artemis II files.
Lunar Discovery: Crew records Moon impact flashes.
Open Research: Three reports …
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Tokenization could release tens of billions of dollars held in collateral.
Nasdaq CEO Adena Friedman said continuous trading req…
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94% Threat Detection: Goodfire detects malicious AI activity in testing.
Low-Cost Monitoring: Checks cost about 3 cents per sess…
Key Takeaways
Takeover Report: Starbucks reportedly explored buying Chipotle.
Stock Reaction: Chipotle rose 6.2%; Starbucks fell as much as 6.6…
Key Takeaways
Visa Crackdown: U.S. suspends Microsoft, Adobe, and other firms.
Microsoft Responds: 80% of H-1B applications involved existing e…
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Firmus withdrew its planned $5 billion IPO, citing market volatility and conditions.
The proposed offering valued the Australian…
Key Takeaways
$100M Revenue: First women’s team to cross $100M.
$1B Valuation: Most valuable women’s sports franchise.
Fan Power: Sellouts d…
Key takeaways
Amazon is cutting fewer than 1,000 corporate roles, mainly within its Stores division.
The latest reductions follow about 30,000 …
Key takeaways:
Samsung expects a record 107.4 trillion won operating profit in Q3.
The projected profit is 782% higher than the previous year.
…
Key Takeaways
$1.8B Push: U.S. agencies and tech giants are backing AI biology data.
Faster Research: Biohub aims to accelerate drug developmen…
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Google signed a $4.3 billion nuclear energy agreement with Constellation Energy.
The deal will bring 890 megawatts of nuclear cap…
Key Takeaways
Uber to acquire ezCater for $2.3B in an all-cash deal.
ezCater brings $2.5B+ in bookings and 140,000+ restaurant partners.
Ube…
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C.H. Robinson will acquire RXO in a $5.8 billion transaction.
The combined logistics company will have enterprise value above $25…
Key Takeaways
SpaceX stock jumped 8% to a June high.
Musk’s wealth topped $1 trillion again.
Starship an…
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Box Office: “Endgame” reaches $2.925 billion.
Rerelease: Adds $126 million worldwide.
Next Film: Builds buzz for “Avengers: Do…
Key Takeaways
Schneider Electric is discussing a potential $20 billion acquisition of PTC.
The deal would surpass Schneider’s $11 billion Aveva…
Key takeaways
Google's Suncatcher test puts 4 AI processors into orbit.
Data centers could consume 3% of global electricity by 2030.
Scaling…
Key Takeaways
Rates rise: Individual plans could increase up to 21.1%.
Small groups: Rates could climb up to 21.4%.
Enrollment: Open enrollm…
Key takeaways
Nike reported a 4% revenue decline to $11.2 billion.
The company expects fewer roles as restructuring efforts begin in 2027.
N…
