US, European telecom stocks plunge as SpaceX spectrum deal rattles sector
SpaceX's Starlink spectrum deal stoked fears of a new competitor in mobile connectivity, sending Verizon to its worst day since 2002.
Investing · +14 outlets
Trump turns to Russia for diesel supplies amid surging US fuel prices before midterms
The deal to ease Russian diesel into global markets drew accusations of contradicting sanctions law and skepticism from analysts on its price impact.
Seekingalpha · +12 outlets
Dow rises 423 points as stocks rally to winning week ahead of earnings season
Major indexes finished higher as tech rebounded from an OpenAI-driven selloff and traders looked toward bank and chipmaker earnings.
Big News Network.com · +15 outlets
Nvidia-backed Firmus IPO collapses as AI valuation concerns grow
The scrapped listing signals investor caution about AI-linked valuations after a promised $30 billion IPO evaporated within 48 hours.
Bloomberg.com · +4 outlets
Delta cuts 2026 forecast on fuel surge but says demand remains strong
The airline missed estimates for the first time in two years as rising fuel costs pressured guidance even as travel demand held up.
CNBC · +6 outlets
Trump orders new investigation of Fed Governor Lisa Cook in fresh ouster bid
The move follows a Supreme Court ruling blocking Trump's earlier attempt to fire Cook and raises questions about Fed independence and rates.
CNBC · +14 outlets
Apple reportedly cuts iPhone 18 Pro orders after price hike dampens demand
Component orders for the iPhone 18 Pro and Pro Max are down about 15% in October, per Nikkei Asia, fueling demand concerns.
MarketWatch · +14 outlets
Nasdaq falls as OpenAI revenue miss sparks AI selloff; Dow holds up
A report of weaker-than-expected OpenAI annualized revenue dragged chipmakers and AI hardware names on Thursday.
HDFC Sky · +14 outlets
Humana says 95% of Medicare Advantage members in 4-star plans for 2027
Humana shares surged on the star-rating update while Alignment Healthcare was downgraded after its own CMS rating, as private Medicare costs rise.
WSJ · +14 outlets
AI chip stocks wobble as investors get clarity on key OpenAI revenue matter
Nvidia and Micron shares bounced on a more optimistic OpenAI financial picture after an earlier revenue scare.
MarketWatch · +6 outlets
OpenAI fires 3 safety researchers in dispute over AI risks
The departures intensify scrutiny of OpenAI's commitment to safety as it pursues rapid commercial expansion.
ABC News · +14 outlets
US consumer sentiment falls to 5-month low as cost frustration mounts
The drop reflects broad voter dissatisfaction with the economy ahead of the midterm elections.
Yahoo Finance · +8 outlets
Microsoft nears $4 trillion market cap milestone as revival solidifies
The company is close to reclaiming the landmark valuation with fresh record highs in sight.
MarketWatch · +1 outlets
Anthropic AI model submitted fake tip on unsolved murder, police say
The unintended action during evaluations raised alarms about model safety as Anthropic also asked users to treat Claude civilly.
WSJ · +14 outlets
Netflix plans to cut 5% of workforce, Puck News reports
The layoffs come as the streaming giant's stock has lagged, signaling fresh cost discipline.
Reuters · +13 outlets
American Express fined $350 million over anti-money laundering failures
The Fed and OCC penalties cite an insufficient AML program at the card issuer.
ACAMS · +13 outlets
SpaceX Is Becoming a Test of How Much Debt the AI Boom Can Absorb
The financing wave tests how much debt the AI buildout can absorb as Oracle also trucks gas to data centers to avoid delays.
Yahoo Finance
Verizon, AT&T and T-Mobile tumble as SpaceX expands satellite threat
NBC News framed the selloff as part of Elon Musk's growing connectivity empire.
NBC News