Nasdaq Falls 2.9% in Worst Day Since June as Intel Plunges and Amazon Deepens AI Spending Fears
The Nasdaq fell 2.9%, its worst day since June, as Intel plunged 28.6% and AI spending fears deepened.
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Alphabet Loses Nearly $500 Billion in Market Value, Second-Largest One-Day Drop on Record, on AI Spending Fears
Shares fell 12.64% after third-quarter revenue came in below expectations, though Google Cloud revenue more than doubled. NEW YORK –
Planning Minister Says T&T Not in Recession, Outlines 2027-31 Plan
Government senators cited 0.6% inflation and a US$6.58 billion Heritage and Stabilization Fund as the Opposition disputed the economy’s health.
Anthropic Files for IPO, Reports $16.3B Revenue and $80.7B Loss
The filing shows $16.3 billion in first-half revenue, up from $1.2 billion a year earlier, with no price set.
SpaceX Posts $4.4B Profit as Boards Review Tesla Merger
SpaceX reported a $4.4 billion third-quarter profit on $14.58 billion revenue, while committees at SpaceX and Tesla review a merger.
Massive Drone Attack Hits St. Petersburg Oil Terminal, 1 Killed
Russian officials said one person died and five were hurt after drones struck oil facilities in St. Petersburg early Sunday.
Wealth-Building Habits Help Shape Retirement Financial Stability
Wealth-building habits among older Americans emphasize disciplined spending, diversified investing, automatic saving, debt control and long-term retirement planning. Financial stability
Minister of Finance Previews Second Budget
Minister details how Trinidad and Tobago’s second budget was prepared, stressing accountability, restraint and tracking of public spending.
Iranian Rial Hits Record Low as Central Bank Moves to Support Currency
Iran’s rial hit another record low Sunday, deepening economic pressure. Iran’s central bank moved to support the currency. Iran’s rial
How Far Can Prediction Markets Like Polymarket Really Expand?
Prediction markets like Polymarket now cover elections, sports and pop culture. Regulators are still deciding how to respond. Polymarket, a