Tesla and SpaceX boards set up committees to explore a merger, Musk says he cannot take part in talks
Musk said combining his two public companies would be a "good idea" but that a deal is far from certain, with special committees at each company assessing prosp
Business Insider · +4 outlets
SpaceX posts first operating profit as a public company as AI revenue nearly triples to $7.6 billion
AI computing revenue overtook Starlink for the first time, though Starlink beat profit estimates while missing subscriber growth targets.
Fortune · +2 outlets
Netflix posts Q3 earnings beat but shares fall on weak advertising and revenue guidance
The streamer cited intense competition and stalling viewership growth, and shook up its creative leadership as investors sold the stock.
CNBC · +4 outlets
Boeing wins FAA certification for the 737 Max 10 after years of delays
Long-awaited approval for the largest Max variant boosts Boeing's turnaround efforts as airlines seek larger, more efficient jets.
CNBC · +1 outlets
Salesforce to acquire Braze for $5.66 billion, sending BRZE shares up 51%
Braze shareholders will receive $47.50 per share in cash, with the deal expected to close in Salesforce's fiscal 2028.
CNBC · +1 outlets
Fireworks AI in early talks to raise funding at a $30 billion to $40 billion valuation
The startup founded by ex-Google and Meta engineers is seeking new capital amid surging demand for AI infrastructure.
Business Insider · +1 outlets
Anthropic in talks with neocloud Nscale over second multibillion-dollar data center deal
The two previously signed a similar deal for a data center on the same U.S. site, underscoring rising AI compute commitments.
CNBC · +1 outlets
Japan exports post huge miss in September as growth slows to 16.7%
The weak trade data adds pressure on Japan's economy as semiconductor and yen dynamics weigh on shipments.
CNBC
Super Micro lifts outlook in surprise update, lifting Dell and HPE shares
The server maker said revenue and profitability could be far stronger than initially anticipated, buoying hardware peers.
MarketWatch · +1 outlets
United Airlines cuts 2026 profit outlook on rising fuel prices
The carrier said travelers keep booking despite higher fares, even as fuel costs pressure full-year guidance.
CNBC · +1 outlets
General Motors beats Q3 estimates and narrows full-year guidance
GM also raised its adjusted automotive free cash flow outlook for the year.
CNBC · +1 outlets
Capital One's strong quarter and Discover integration progress win Wall Street praise
Stronger net interest income and credit performance drove the bank's earnings beat.
CNBC · +1 outlets
Amazon buying billions in Nvidia AI systems it cannot yet power up
AWS is ordering Nvidia AI racks early and staging some in warehouses while data centers await electricity supply.
Business Insider · +1 outlets
SpaceX stock surge lifts the broader AI trade
Investors cited off-the-charts demand for SpaceX computing power as evidence for the AI boom.
MarketWatch · +1 outlets
Novo's next-generation obesity drug CagriSema shows 25% weight loss in women in late-stage analysis
The experimental injection improved on weight loss seen with Novo's blockbuster Wegovy in the new evidence.
CNBC
Walmart launches $120 joint membership with Sam's Club
The retailer is leaning into delivery and gas discounts as it takes aim at Amazon and Costco, while analysts question the bundle's value.
CNBC · +1 outlets
Trump sued over 50% tariffs on Canadian goods under Section 338
The lawsuit challenges the levies on a range of Canadian imports using the Tariff Act of 1930.
CNBC · +1 outlets
Meta policy chief Joel Kaplan to leave after 15 years
Kaplan, a key bridge to the Trump administration, will depart after the midterms and a transition period.
Business Insider · +1 outlets