Key Takeaways
Q4 beat: Revenue hit $18.68B; EPS reached $3.29.
AI momentum: AI bookings more than tripled.
2027 outlook: Revenue growth fore…
Business Bulletin
Key takeaways
Nidec appointed Michio Kaida as CEO after Mitsuya Kishida resigned Tuesday.
The company reported impairment losses exceeding ¥630…
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McCartney champions sustainable materials.
Luxury brands urged to scale alternatives.
Industry coalition targets greener suppl…
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NASA and SpaceX clear Crew-13 for launch.
Falcon 9 targets liftoff on Oct. 1.
Four astronauts will head to the ISS.
Crew-…
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Micron reported $54.23 billion in quarterly revenue, beating market expectations.
The company expects next quarter revenue betwee…
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Cindy Holland exits Paramount ahead of the Warner Bros. Discovery deal.
Casey Bloys is set to lead the combined streaming operati…
Key takeaways
Shell will double LNG Canada capacity to 28 million tonnes annually.
The project includes partners from Malaysia, China, Japan, a…
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Starship reached orbit for the first time.
26 Starlink satellites were deployed.
SpaceX shares fell 2% despite the milestone.
…
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Instinct raised $1 billion in Series C funding at a $10 billion valuation.
The funding follows a $250 million round completed jus…
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Diesel prices hit record highs, increasing transportation and business costs.
Producer prices rose, with diesel driving a signifi…
Key takeaways
Nio and Geely are expanding their battery swap partnership through new ownership links.
Geely will acquire a 30% stake in Nio Pow…
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Meta shares surged 36% in September, nearing a $2 trillion valuation.
Muse AI helped drive the rally, with shares up nearly 27% s…
Key Takeaways:
MGM shares fell over 10% after Barry Diller's People Inc. withdrew its $18B buyout offer.
Funding difficulties for the $48.30-pe…
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Blue Origin raised $10 billion at a $140 billion valuation.
Jeff Bezos has invested about $30 billion in the company since 2000.
…
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Oracle issued a force majeure notice for its New Mexico AI data center.
Pipeline permitting delays and local protests threaten i…
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US Treasury yields hit multi-year highs.
Oil prices are adding to inflation concerns.
Higher yields are putting pressure on s…
Key takeaways:
Meta launched $1,299 VR Glasses weighing 100 grams to compete with Apple's Vision Pro.
The device moves the processor and batter…
Key Takeaways:
$1 Billion to Build a New Engineering College
Aiming to Address Oregon’s Engineering Talent Gap
Another Major Investment in O…
Key Takeaways:
Amazon blocked Meta’s Muse AI agent over unauthorized platform access and data privacy concerns.
Shopify partnered with Meta to …
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DoorDash will pay $131.5 million over worker pay violations
The settlement changes how DoorDash must track and calculate worker p…
Key Takeaways
US diesel prices crossed $6.50 per gallon amid tighter global supplies.
The US exports about 1.3 million barrels of diesel daily.…
The Enterprise World has announced the rebranding of its flagship leadership event, previously known as The Global Icons of Impact (TGII), as NEXT Con…
Key Takeaways
Alibaba unveiled a new AI accelerator with 3 times the predecessor's performance.
The company targets 20 gigawatts of data center…
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One of Wendy’s largest franchise operators is under financial strain
The bankruptcy is tied to a major dispute with Wendy’s
Th…
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US inflation remains broad, while economic growth continues to show resilience.
The US Dollar Index rose 0.07% to 100.30 during t…
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Elon Musk proposed an Austin San Antonio transport link under 30 minutes.
The Boring Company recently raised $3 billion in new fu…
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UK retail sales rose 0.5% in August.
Sales volumes were 2.4% higher than a year earlier.
Online and department stores helped d…
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Claude now leads 26% of Anthropic’s AI research and development work.
The figure rose from zero in February.
About 90% of Anth…
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Bank of England pauses gilt sales for six months.
It plans to cut bond holdings to zero by 2034.
Treasury may buy £146 billion…
Key Takeaways
Bank of Japan raises its policy rate to 1.25%.
The decision passed 7-2 after a two-day policy meeting.
The yen weakened after …
Key Takeaways
Snap has launched its standalone mixed reality glasses at $2,195.
The Specs glasses provide a 51-degree field of view.
The com…
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Heeney Capital signed a mining concession for a major Venezuelan gold project.
The El Callao project could attract up to $1 billi…
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Amazon secured warrants linked to Generac stock worth up to $340 million.
Generac will supply Amazon with $2.4 billion in generat…
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Goldman Sachs expects higher costs after a very active trading quarter.
Fixed income trading was softer, while equity trading rem…
Key Takeaways
Meta plans to deploy its next-generation AI chips in 2027.
The company expects to deploy more than 1 gigawatt.
In-house chips …
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OpenAI is discussing a private funding round at a $1.2 trillion valuation.
The company previously closed $122 billion in committe…
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A Canada investment summit brought together about 300 global business executives.
The participating investment firms collectively…
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The 10-year Treasury yield reached 5%, its highest level since 2007.
Higher Treasury yields are raising borrowing costs for consu…
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The U.S. wholesale price index rose 0.4% in August.
Annual producer inflation reached 5.4%, remaining above the Fed’s 2% target.
…
Key Takeaways
Musk Faces Growing Scrutiny Over His Influence
Documentary Sparks a Legal and Public Battle
The Film Highlights the Challenges…
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The ECB raised its benchmark interest rate by 25 basis points Thursday.
Higher oil prices pushed eurozone inflation to 3.3% in Au…
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Oil crosses $100 as supply risks intensify.
Businesses face higher costs and renewed inflation pressure.
The crisis could resh…
Key Takeaways
Apple is focusing its latest launch on premium iPhone models.
The regular iPhone 18 may arrive in March 2027.
Indian buyers ma…
Key Takeaways
AI Cloud Demand Is Driving Oracle’s Growth
Oracle’s $664 Billion Backlog Signals Strong Future Revenue
Heavy AI Spending Remai…
Key Takeaways:
Apple unveiled the foldable iPhone Duo alongside AI-driven watches and upgraded AirPods.
The device features a new Siri powered …
Key Takeaways
Qualcomm is making a major move beyond smartphones.
AI inference is becoming a major chip battleground.
AI infrastructure need…
Key Takeaways
Chime’s $590 million acquisition brings banking infrastructure under direct ownership.
The deal could improve Chime’s costs, prod…
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U.S. pressure on Ford over China ties is intensifying
Ford is defending its global partnerships while emphasizing U.S. manufact…
