OpenAI reportedly told investors it hit roughly $50 billion in annualized revenue, below what was expected, cooling AI optimism across chipmakers and SoftBank.

SpaceX agreed to acquire Grain Management's 800 MHz spectrum to push Starlink deeper into US mobile service, hitting wireless carrier stocks while lifting cell-

Escalating attacks on tankers and slowing Hormuz flows pushed crude sharply higher, with Trump saying the US will not attack Iran before the midterms.

The benchmark indexes slipped from record highs as surging oil and elevated bond yields kept Wall Street unsettled, while the Dow recovered off its lows.

The AI data center operator scrapped its planned listing citing market volatility, a sign of cooling demand for AI-linked offerings.

Yields eased after a strong 10-year auction but remained near multiyear highs, with a Bessent adviser saying they could fall soon.

A report that OpenAI's revenue is far below internal projections hit AI-linked chip and cloud names including Nvidia, Broadcom, Oracle and CoreWeave, reviving d

The foundry's record quarter and a 54.6% jump in September revenue underscore sustained AI accelerator demand, though the stock slipped as investors questioned

Samsung's memory-driven earnings surge reflects tight DRAM and high-bandwidth memory supply amid the AI buildout.

Broadcom is structuring roughly $50 billion of debt to fund OpenAI's purchases of its custom accelerators, deepening the vendor-financing tie between the two co

The agreement adds US-based advanced packaging capacity to TSMC's CoWoS supply chain and lifts GlobalFoundries shares to a multi-week high.

The case tests the terms of Arm's licensing model and could reshape how chip designers pay for instruction-set architecture rights.

A report that OpenAI's annualized revenue estimate was revised down triggered a broad selloff in AI infrastructure names, particularly Oracle, Nvidia and CoreWe

The agent can plan and execute tasks across business apps, delegate to subagents and carry its own workplace identity.

Oracle is turning to private credit and Wall Street lenders to fund its AI data center buildout as its debt load grows.

Financed AI buildout names sold off broadly, with CoreWeave down 7% and Nebius down 6% in the session.

Software shares have recovered from AI disruption fears, though some names like Adobe, Salesforce and Trade Desk hit 52-week lows earlier.

CrowdStrike and Palo Alto Networks reached record highs as investors favored security names over software.

The memory chip windfall is the clearest sign yet that AI data center spending is flowing into hardware earnings, though shares fell on questions about how long

The revenue gap cast doubt on the scale of committed data center and chip spending, hitting Nvidia, Micron, Broadcom and Oracle shares.

TSMC's quarterly and September sales records are a key read on whether AI accelerator demand is holding up at the foundry level.

The debt-financed buildout ties chip suppliers and hyperscalers more tightly to credit markets, raising questions about the durability of the AI capex cycle.

Oracle's debt-funded AI infrastructure commitments are drawing investor scrutiny as its OpenAI-linked backlog faces new revenue doubt.

Google is positioning Gemini as an autonomous agent that can plan and execute tasks across enterprise systems, intensifying competition with Microsoft and OpenA

The approval gives Korea a locally developed rival to Wegovy and Mounjaro, though reports note modest weight loss with fewer side effects and open pricing quest

The industry lobby argues the most-favored-nation style demonstration for Medicare Part B drugs is unlawful, escalating a legal fight over US drug pricing.

The decision trims Pfizer's late-stage obesity pipeline at a time when it is counting on metabolic drugs to offset falling COVID revenue.

The NPPA proposal would sharply cut retail prices on oncology medicines, a major affordability move in one of the world's largest generics markets.

Rhapsido becomes the first approved treatment for chronic friction hives, expanding Novartis's immunology franchise.

Investors focused on glycemic results from petrelintide, keeping Jefferies at hold and highlighting a crowded next-generation obesity field.

Trump's Truth Social post eased immediate strike fears but left intact the supply risk premium from attacks on tankers in the Strait of Hormuz.

A jump in crude plus elevated bond yields and renewed doubts about AI profits pulled all major U.S. indexes off their records.

Record attacks on tanker traffic through the Strait of Hormuz threaten the main conduit for Gulf crude exports.

Evacuations ahead of the storm knocked roughly a quarter of U.S. Gulf output offline, adding to global supply pressure.

The agency's monthly Short-Term Energy Outlook lifted crude price assumptions on Middle East supply risk.

Pump prices remain near record autumn highs even as the national average slipped for a second week.

The 20-year agreement pairs data center load growth with existing nuclear plants, a template for AI-driven clean power procurement.

The designation lets the company buy and sell electricity directly in the largest US grid market rather than only through utilities.

Investors are focused on margin math and the growing weight of AI and autonomy bets against a shrinking core EV business.

China weakness offset record electric demand, leaving the automaker balancing a shrinking legacy business against EV growth.

Data center demand and gas turbine backlogs are strengthening the long-term investment case for storage.

The largest US grid operator restarting its interconnection process could ease a backlog holding up new generation.

The award follows a framework agreement between DoD and Raytheon to boost production of the ship-based air defense interceptor.

The Baltimore-area facility marks Anduril's entry into submarine component manufacturing, with the government holding roughly a 40 percent stake.

The silicon carbide maker's defense loan underscores the push to secure domestic semiconductor supply for military systems.

Novakovic has led the defense contractor since 2013.

The award covers components for Patriot air defense interceptors, a high-demand munition line.

The award supports space-based sensors for detecting and tracking missile launches.

Regulators found significant deficiencies in how American Express implemented its enterprise-wide AML program, particularly at its subsidiary national bank.

HUD Secretary Scott Turner called the 2017 and 2022 lending initiatives immoral and un-American, escalating federal scrutiny of bank diversity programs.

Big banks kick off third-quarter reporting with investors weighing the effect of elevated long-term yields on net interest income and capital markets activity.

The changes are intended to install clearer decision-making authority and accountability across the Fed's supervisory function.

The analyst initiation gives Goldman Sachs a Buy rating and a $95 target on Wells Fargo as coverage of the sector restarts.

Royal Bank of Canada's sustained expansion has lifted its valuation toward the level of top-tier US investment banks.

The cuts, fewer than 1,000 roles across the US, India and UK, land during Amazon's Prime Big Deal Days event and continue its unwind of pandemic-era hiring.

Analysts debate whether a combination of the coffee giant and the burrito chain makes strategic sense for either company.

The retailer will roll the expedited pickup option out nationwide in coming weeks as it competes with Amazon for fast fulfillment.

The CNBC/NRF Retail Monitor's steady-growth reading points to resilient consumer spending despite cost pressures.

Direct-to-consumer sales came in unexpectedly soft, with profit and margins propped up by trade reimbursements in a rough Q3.

The Uniqlo operator is expanding overseas and is on track to overtake H&M in global apparel, with Zara's parent Inditex next in its sights.

The power equipment maker's AI-driven data center demand is a key test of whether the electrification trade can outrun its earnings volatility.

The loan supports volume expansion at Wolfspeed's Mohawk Valley and Research Triangle Park fabs as the U.S. pushes domestic semiconductor capacity.

Arsenal-2 will make components for Virginia-class submarines, extending the Pentagon's push to bring commercial defense manufacturing into naval shipbuilding.

The missile defense award lands as investors weigh Boeing's record backlog against weak monthly stock performance and delivery execution risk.

The facility would be the largest U.S. steel mill, adding 10 million tons of annual capacity and 1,750 jobs alongside a $3B Minnesota iron ore mine.

Rising long-term rates pressured industrial bellwethers even as analyst estimates rose and the company's $72B backlog remained the bull case.

The standoff with Chinese buyer group CMRG weighed on Fortescue's September-quarter iron ore volumes, highlighting China's leverage over Australian ore supply.

Weak Chinese steel profitability and soft post-holiday demand dragged benchmark iron ore prices to their lowest in over a year.

Analyst upgrades reflect expectations of tightening copper supply driving earnings upside for diversified miners.

The exchange operator is moving into London's roughly $190bn-a-day gold market, challenging incumbent benchmarks.

The survey results advance Medaro's Bastnas REE and base metals exploration in Sweden amid rising interest in non-Chinese rare earth supply.

The proposal signals policy support for domestic gold and rare earth development in Vietnam.