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Tesla's Q3: Record Revenue But Profit Plunge as Musk's AI Vision Meets Cold Financial Reality
TradingKey - After two consecutive quarters of revenue decline, Tesla reported Wednesday that its third-quarter revenue grew 12%. However, profits missed analyst expectations, causing the company's stock to fall over 3% in after-hours trading.
TradingKey
Thu, Oct 23
Wall Street Ends Lower; Netflix Plunges 10%; Texas Instruments Sinks 6%; Intuitive Surgical Jumps 14%
Wall Street closed lower on Wednesday as a wave of mixed earnings, including Netflix's disappointing results, dampened risk sentiment as investors assessed reports that the Trump administration is considering curbs on exports to China made with U.S. software.Market SnapshotThe Dow Jones Industrial A
Tiger News
Thu, Oct 23
Revenue Slight Up, Profits Under Pressure — Pessimistic Outlook Sends Texas Instruments Down Over 8% Pre-Market
TradingKey - U.S. analog chip leader Texas Instruments (TXN.US), often dubbed the "King of Analog," released its latest earnings report, and weak forward guidance from management dented investor confidence.
TradingKey
Wed, Oct 22
Despite Historic AWS Crash, Analysts See Only Modest Boost to Multi-Cloud Adoption
TradingKey - A major outage at Amazon Web Services (AWS) on Monday disrupted operations for businesses and organizations worldwide that rely on the platform, prompting customers to reconsider whether they should diversify data storage or adopt a “multi-cloud strategy.”
TradingKey
Wed, Oct 22
Record Wall Street Private Credit Deal: Meta Partners with Blue Owl in $27bn Data Center Venture
TradingKey - Meta announced on Tuesday that it has entered into a joint venture agreement valued at up to $27 billion with Blue Owl Capital to fund and develop its Hyperion data center project in rural Louisiana, United States.
TradingKey
Wed, Oct 22
Breaking Free from Labubu Dependence? Pop Mart’s Q3 Growth Accelerates as IP Diversification Pays Off
TradingKey - After peaking in August, shares of Pop Mart, the maker of the wildly popular Labubu collectible figures, have fallen over 20%, amid concerns that reliance on a single IP cannot justify its high valuation. Now, the world’s leading blind box company is trying to dispel those fears withTradingKey
Wed, Oct 22
OpenAI Launches ChatGPT Atlas Browser — How Big a Threat to Google’s Dominance?
TradingKey - Following AI-powered browsers like Perplexity’s Comet, Brave Browser, and Opera’s Neon, the AI browser race has welcomed a heavyweight entrant: OpenAI. The launch of its first AI-driven browser, ChatGPT Atlas, marks a new front in the AI arms race — and a direct challenge to established
TradingKey
Wed, Oct 22
BoJ poised to hike interest rates in Q4 — Reuters poll
The Bank of Japan (BoJ) will raise its key interest rate in either October or December, according to the majority of economists polled by Reuters. Nearly 96% of economists expect borrowing costs to increase at least 25 basis points (bps) by the end of March.Fxstreet
Wed, Oct 22
USD/CHF clings to gains near 0.7970, focus shifts to US CPI data
The USD/CHF pair trades firmly near Tuesday’s high around 0.7970 during the Asian trading session on Wednesday. The Swiss Franc pair exhibits strength as the US Dollar (USD) trades broadly firm on hopes that the United States (US) and China will reach a trade deal soon.
Fxstreet
Wed, Oct 22
Coinbase Urges US Officials: Blockchain Isn’t The Enemy — It’s The Solution
Coinbase has urged US regulators to update how they fight financial crime in the crypto space, arguing modern tools can give law enforcement clearer leads while cutting low-value paperwork for honest firms.Bitcoinist
Wed, Oct 22
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