OpenAI nears up to $30B funding round at $1.25 trillion valuation
The round would cement OpenAI as one of the most valuable private companies and underscores how much capital is flowing into frontier AI despite market jitters.
Bloomberg · +9 outlets
AI selloff deepens as investors flee to bonds; credit spreads hit 17-month high
A rout in AI-linked equities and rising geopolitical tension are driving a broad risk-off move across global markets, pressuring credit and concentrating attent
Bloomberg · +4 outlets
Tesla and SpaceX form special committees to weigh potential merger
A combination of Musk's two largest companies would be an unusual deal that faces governance, financing and regulatory hurdles.
The Verge · +14 outlets
SK Hynix scraps $10B US IPO of Solidigm unit after regulatory and shareholder pushback
The pulled listing adds to evidence of a frozen IPO market amid investor unease over AI-related valuations.
Bloomberg · +7 outlets
SK Hyper in talks to fund $350 billion AI data center buildout
The plan is part of a global rush to build AI infrastructure even as investors question future demand and financing capacity.
Bloomberg · +14 outlets
Trump's economy approval hits all-time low as midterms approach, CNBC survey finds
Economic discontent and tariff politics are shaping the midterm landscape, with implications for fiscal and trade policy.
CNBC · +6 outlets
Spotify confirms Family Plan crackdown with QR code verification, reaches 306M paid subscribers in Q3
Spotify is tightening household rules to protect subscription revenue while reporting continued subscriber growth.
The Verge · +3 outlets
Anthropic IPO expected to deliver blockbuster gains for Iconiq, Spark, GIC
A large Anthropic listing could revive a stalled US IPO market that has been waiting for a marquee AI deal.
Bloomberg.com · +3 outlets
CoreWeave confidence erodes as bond yields spike and stock sinks
The AI cloud provider is a bellwether for how credit markets price the debt-financed AI buildout.
CNBC · +3 outlets
Tesla falls after Q3 earnings beat; analysts weigh outlook
Tesla's results topped expectations but the stock slid, reflecting investor focus on margins and future demand.
CNBC · +13 outlets
SoftBank market value poised to halve from peak as AI fears grow
The decline reflects how quickly sentiment has turned on AI-exposed holding companies and their funding capacity.
Bloomberg.com · +6 outlets
Voters oppose data centers in their backyards, majority says in survey
Local resistance is emerging as a practical constraint on the pace of AI infrastructure buildout.
CNBC · +14 outlets
DeepSeek and MiniMax win approval for global deployment, Chinese state media says
Beijing is loosening restrictions on overseas use of homegrown AI models, a shift with implications for global competition.
Bloomberg · +8 outlets
Global PC shipments fell over 20 percent in Q3 as RAM prices climbed
Memory price inflation tied to AI demand is feeding through to consumer hardware demand.
The Verge · +14 outlets
Meta Q3 results analyzed as Ackman calls company 'incredibly undervalued'
Meta's quarterly results and AI spending are central to how investors value the largest social platforms.
CNBC
US proposes curbs on American investment in Chinese biotech firms
The move could complicate financial ties as US drugmakers increasingly source new medicines from China.
Bloomberg · +13 outlets
Netflix shares fall on soft outlook despite Q3 subscriber gains
Guidance disappointed investors even as Ackman called the streaming business a high-growth utility.
CNBC
Nvidia and TCV invest in AI video startup Higgsfield in Series B extension
The deal shows Nvidia continuing to seed the ecosystem of companies that consume its compute.
Bloomberg · +1 outlets