Archive snapshot · Business
Thu, Oct 29, 4:03 AM ET
Fed holds rates at 3.75%-4% in split vote despite elevated inflation, sets 2027 meeting shift
Two officials dissented in favor of a hike, and the Fed will move to seven policy meetings next year as inflation stays stubborn days before the midterms.
Ft · +14 outlets
Alphabet sinks 10% after Q3 revenue miss as AI spending deepens search worries
Alphabet posted its first top-and-bottom-line miss in nearly four years and said its AI Mode has hurt traditional search revenue.
CNBC · +10 outlets
Microsoft jumps 4% on Azure-driven earnings beat, trims AI capex forecast to $170B
Azure revenue grew 48% while the company lowered its capital spending outlook, citing delays in third-party data center capacity.
CNBC · +9 outlets
Anthropic files for IPO, potentially the largest ever, as CEO warns of AI risk to humanity
The filing sets up a landmark listing for the AI developer and details its risk disclosures to investors.
Griffin Daily News · +14 outlets
Futures slide as Alphabet's miss reignites Wall Street AI spending worries
Nasdaq futures fell about 1% as lower-than-expected capex from Alphabet and Microsoft raised doubts about the pace of AI infrastructure buildout.
Reuters · +9 outlets
Nvidia's $12.9 billion Hugging Face deal draws DOJ scrutiny
The Justice Department inquiry adds antitrust review to Nvidia's largest acquisition of an AI software platform.
CNBC · +8 outlets
Neocloud stocks drop after Microsoft capex comes in below expectations
CoreWeave, Nebius and IREN fell as reduced Microsoft spending signals slower capacity delivery for infrastructure partners.
CNBC · +11 outlets
Nscale CEO reaffirms plan for $30 billion IPO amid AI turmoil
The cloud company is pursuing a large listing despite market skepticism about AI valuations and its leadership's track record.
www.tokenpost.com · +3 outlets
DoorDash deal to buy Instacart could come as early as Thursday
The acquisition would value Instacart at roughly $17 billion and consolidate two large delivery platforms.
CNBC · +14 outlets
Sen. Warren presses Anthropic on AI safety and market risks ahead of IPO
The senator's letter to the Anthropic CEO comes as the company's filing discloses steep executive security costs and rising threats.
Fortune · +12 outlets
Oracle stock pops 11% on $225 billion fiscal 2030 revenue forecast
The company's long-term guidance and plans to limit new fundraising eased investor concerns about its debt load.
CNBC · +14 outlets
Shell nearly doubles quarterly profit as refining margins hit record high
The results reflect exceptionally strong downstream refining economics for the quarter.
CNBC · +10 outlets
Over 41,000 US Homeland Security officials' details apparently exposed in data breach
CNBC accessed the database, which contained names, titles, agencies and office locations.
CNBC · +6 outlets
HF Sinclair posts record quarterly profit on refining boom, names new CEO
Refining margins have surged industrywide, lifting results across the sector.
Reuters · +5 outlets
Wendy's shares jump 15% as Nelson Peltz's Trian offers $1.4B buyout
The bid comes after a difficult two-year stretch for the burger chain as dining-out demand softened.
CNBC · +5 outlets
FTC probes Uber, DoorDash and Walmart over personalized pricing
The agency is seeking data-use details from companies spanning airlines to retailers.
Business Insider · +11 outlets
Wendy's shares jump 15% on Trian buyout offer
Nelson Peltz's Trian offered $1.4 billion for the burger chain.
CNBC · +1 outlets
Samsung shares slide despite record Q3 profit
Investor reaction focused on the chipmaker's outlook even as quarterly earnings set a record.
CNBC

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