Global AI sell-off eases after Nasdaq posts worst month in over a year
Tech stocks steadied after a bruising October rout, with investors focused on Apple earnings, jobs data and the US midterm elections.
Ft · +14 outlets
Binance sees $3.64 billion in net outflows as withdrawals resume after $6.3 billion hack
The outflows equal about 2.1% of Binance's total assets and have renewed questions about crypto wallet and custody safety.
CNBC · +13 outlets
OpenAI pares fundraising goal, now seeking up to $20 billion in latest round
The round is still open and the figures could change, according to a person familiar with the deal.
CNBC · +2 outlets
Sam Altman makes surprise South Korea visit as OpenAI builds on chip partnerships
Altman met Samsung executives and reportedly SK Group executives during the unannounced weekend trip.
CNBC · +14 outlets
South Korea targets world's highest performance sovereign AI model in record budget
The 2027 budget rises 12.8% to 820.9 trillion won, including 21.3 trillion won for semiconductors, physical AI and AI data centers.
CNBC · +6 outlets
Fake nuclear attack alerts hit millions of Ukrainians and Russians on same day
Official alert apps in both countries falsely warned of nuclear strikes by an Oreshnik missile and Ukrainian P1-Sun drones.
Business Insider · +14 outlets
Trump defamation suit against Murdoch and WSJ over Epstein letter dismissed with prejudice
Trump had denied writing a birthday letter to Jeffrey Epstein, the subject of a 2025 Wall Street Journal article.
CNBC · +14 outlets
Crypto industry pours more than $200 million into 2026 midterms to press Congress on rules
Crypto-linked interest groups are spending millions to shape the midterms after mixed results in 2024.
CNBC · +14 outlets
Petrol prices set to hit record high under Trump on eve of US elections
Average fuel costs in Trump's second term have passed Biden-era levels as affordability dominates the midterm polls.
Ft · +12 outlets
Pop-up super PACs pour $637 million into 2026 midterm races
Twenty-two late-forming super PACs spent the money sometimes before voters could see their donors.
CNBC
BCG hit with UK tax probe as HMRC steps up scrutiny of consultants
HMRC is examining whether some UK partners at the elite consultancy should be treated as employees for tax purposes.
Ft · +3 outlets
Gulf braced for escalation of war between US-Israel alliance and Iran
Diplomats warn renewed conflict would be more damaging than previous rounds, while Iran vows retaliation beyond the Mideast.
Ft · +13 outlets
Sergey Brin builds political infrastructure beyond his $102 million fight against Prop 40
Building a Better California is spending on more than just the wealth tax measure.
Fortune · +5 outlets
Jio Platforms shares jump 3% after strong Q2 results following bumper IPO listing
Reliance's digital unit reported quarterly results shortly after its listing, drawing buy, sell or hold calls.
Livemint · +13 outlets
Reliance posts $3.1 billion quarterly profit
Mukesh Ambani's conglomerate reported the profit as its units including Jio Platforms drew investor attention.
CEOWORLD magazine · +14 outlets
SpaceX loses bid to toss NAACP lawsuit over Memphis data center air pollution
Colossus data centers and a power plant under construction in Southaven, Mississippi, have drawn years of community backlash.
CNBC · +7 outlets
Anthropic's $2T IPO pitch asks candidates what they would do if stock hit zero
The AI lab's IPO filing also reveals internal AI usage now valued above employee compensation.
Fortune · +2 outlets
US midterms, Apple earnings and jobs data to test Wall Street after AI rout
Investors are watching Tuesday's elections and the week's data for direction following the tech sell-off.
The Economic Times