Archive snapshot · Markets
Mon, Nov 2, 8:32 PM ET
Apple beats on iPhone sales but guides to holiday margin drop as memory costs bite, stock falls
Apple's strong iPhone demand was offset by a weak margin forecast and supply constraints tied to rising memory prices, sending the stock lower.
Investing · +10 outlets
Nasdaq-100 falls into its third correction of the year as AI capex worries deepen
Renewed doubts about the scale and financing of AI infrastructure spending drove a broad tech selloff that dragged the Nasdaq-100 into correction territory whil
MarketWatch · +15 outlets
Oil plunges more than 7%, biggest drop since July, on US-Iran diplomacy hopes
Signs that Washington and Tehran are pursuing diplomacy eased supply fears and produced the largest one-day crude decline since July.
Seekingalpha · +14 outlets
Palantir beats with 148% US commercial growth, first time commercial tops government, but stock falls
Palantir's blowout quarter was clouded by decelerating US commercial contract growth, prompting analyst caution despite the earnings beat.
CNBC · +14 outlets
Anthropic investors push for cautious valuation near $1.5T as S-1 shows $17B Q3 revenue
Anthropic's IPO preparations reveal rapid revenue growth alongside massive compute purchase commitments of $895.4 billion.
CNBC · +3 outlets
Oracle files to sell $20B in stock and bonds to finance AI buildout, shares drop
Oracle's large debt and equity raise underscores the mounting capital needs of hyperscale AI infrastructure and weighed on its shares.
CNBC · +11 outlets
Marvell agrees to all-stock deal to buy Lumentum, touted as $115B AI connectivity leader, shareholders balk
Investors in both Marvell and Lumentum panned the all-stock merger, sending shares of both companies sharply lower even as management pitched an AI infrastructu
MarketWatch · +5 outlets
Binance hack sparks $4.7B client withdrawals as crypto traders profit from wild swings
The exchange breach prompted large outflows and raised questions about security and market structure across crypto trading venues.
Bloomberg.com
Intel foundry push faces critical test after stock plunges 45% in October
Intel's turnaround hinges on proving its foundry strategy as a broader $3.5 trillion chip rout spreads across semiconductor names.
CNBC · +5 outlets
Major automakers urge Congress to pass a permanent ban on Chinese vehicles
Legacy US carmakers are lobbying for a lasting prohibition as tariffs and midterm politics intersect with the auto sector.
Reuters · +14 outlets
Alphabet kicks off €6 billion euro bond sale to fund AI investments
The offering tests investor appetite for large-scale tech debt as AI capital spending climbs across hyperscalers.
Reuters · +6 outlets
Meta delays new business terms after outcry over potential scraping of news sites
The reversal follows publisher pushback over terms that could have allowed broader use of news content for AI training.
AP News · +1 outlets
New York Times sues Brave browser over AI scraping and paywall bypass
The suit adds to growing legal battles over how AI systems and browsers access and reproduce copyrighted journalism.
The Verge · +11 outlets
Anthropic warns it is close to self-improving, or RSI, AI capability
The disclosure intensifies debate about safety and the pace of frontier model development ahead of Anthropic's IPO.
TechCrunch · +8 outlets
SpaceX in talks to buy Boost Mobile to challenge US wireless carriers
The reported move would expand Musk's telecom ambitions into direct competition with AT&T, T-Mobile and Verizon.
TechCrunch · +14 outlets
Kimberly-Clark closes acquisition of Tylenol maker Kenvue
The completed deal reshapes Kimberly-Clark's consumer health portfolio and removes Kenvue from the S&P 500.
CNBC · +14 outlets
Chamath flags a hidden risk building under the AI boom
Rising debt tied to AI infrastructure spending is flagged as a hidden risk if returns disappoint.
Yahoo Finance Singapore · +1 outlets
Rivian Q3 beats as software revenue and R2 deliveries rise; Barron's sees over 30% upside
The EV maker's results and R2 ramp drew bullish analyst attention beyond Tesla switchers.
Barron's · +1 outlets

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