Marvell to buy Lumentum in $115 billion all-stock deal, betting on AI data-center optics
The proposed stock-financed combination would consolidate the optical-networking supply chain as AI data centers drive demand for high-speed interconnects.
MarketWatch · +14 outlets
Oil plunges more than 4% below $100 as US-Iran diplomatic efforts ease supply fears
Reports of renewed US-Iran diplomacy cooled Middle East supply-risk premium that had pushed crude sharply higher in October.
CNBC · +14 outlets
Binance hack: FBI blames North Korea's TraderTraitor for $6.4 billion crypto heist
Binance recorded $3.64 billion in net outflows, about 2.1% of assets, after resuming withdrawals following the record breach.
CNBC · +14 outlets
OpenAI pares latest fundraising to as much as $20 billion, below earlier $30 billion target
The reduced target comes as investors question the scale and returns of AI infrastructure spending.
CNBC · +5 outlets
Tech rout has investors bracing for more volatility as AI trade wobbles
October's AI-led selloff wiped trillions in market value, and strategists warn the correction may not be over ahead of Big Tech earnings.
CNBC · +7 outlets
Wall Street braces for biggest Treasury sales overhaul in years
Potential changes to Treasury issuance mechanics matter for bond investors already navigating elevated yields and heavy supply.
Bloomberg · +7 outlets
Morgan Stanley warns S&P 500 could drop 9% as AI concerns mount
The bearish call adds to a wave of caution after October's sharp technology selloff.
TradingView · +7 outlets
Midterm elections loom as key swing factor for stocks, AI, defense and crypto policy
Investors are gaming out how control of Congress could shift federal spending, regulation and oversight of major industries.
CNBC · +4 outlets
Junk debt rout sparks 'bloodbath' for credit investors
Sharply wider high-yield spreads signal growing stress in corporate credit amid risk-off sentiment.
Fortune
Goldman Sachs raises oil forecasts, sees Brent averaging $130 and hitting $140 if Middle East tensions worsen
The bank's upgrade reflects persistent supply risk even after Monday's diplomatic-driven price drop.
MarketWatch · +5 outlets
Trump administration floats pre-emptive pardons and protection for Musk
The comments add another layer of political risk to markets already focused on election outcomes and tech regulation.
Axios · +6 outlets
SpaceX weighs Boost Mobile deal in bid to enter wireless market
SpaceX has lost more than $500 billion in market value in under a month as investors assess its telecom ambitions.
MarketWatch · +4 outlets
Anthropic plans to sell $3.5 billion of shares to Japanese investors in IPO filing
The move offers a first detailed look at the AI developer's path to public markets.
Reuters · +14 outlets
Fox Corp posts earnings beat, revenue tops estimates
The results cover both Class A and Class B shares of the media company.
Investing · +14 outlets
Marriott lifts annual room-revenue growth forecast on resilient travel demand
The hotel operator raised its outlook following a solid third quarter and a growing development pipeline.
Investing · +14 outlets
Kioxia shares sink after outlook shows NAND demand leveling off
The warning dragged on memory peers, underscoring how selectively the AI trade is being rewarded.
Bloomberg · +1 outlets
Kevin Warsh managing US debt costs, not inflation, as rates risk topping GDP growth
Questions about the Fed chair's priorities come as bond-market dynamics increasingly drive equity risk.
Fortune · +3 outlets
OpenAI deepens Abu Dhabi foothold with four deals spanning energy, government and investment
The agreements were signed as Sam Altman met the emirate's crown prince.
CNBC · +1 outlets