Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it

Pearson Underlying Sales Rise, Plans Further Growth Through AI

Pearson delivered higher underlying sales for the third quarter, supported by growth across all divisions, and said it planned to accelerate its artificial-intelligence capabilities to drive ...

Business - The Wall Street Journal - October 29

AstraZeneca sheds £15 billion of market cap as weight-loss-pill data underwhelms investors

AstraZeneca PLC shed £15 billion in market capitalization on Tuesday, after investors were underwhelmed by early data from a trial of a weight-loss pill.

Business - MarketWatch - 6 hours ago

Retail Group Sees $78 Billion Spending Hit From Trump Tariff Plan

A National Retail Federation predicts a huge loss in consumer spending power under Trump, who also threatened Mexico and China with further tariffs over fentanyl flows to the U.S.

Business - Inc. - 7 hours ago

Efforts by Russia, Iran and China to sway US voters may escalate, new Microsoft report says

A new threat intelligence report from Microsoft says foreign adversaries have showed continued determination to influence the U.S. election and there are signs their activity will intensify as ...

Tech - ABC News - October 23

Boeing reports $6.1 billion loss as strike takes toll on plane maker

Boeing reported a massive third-quarter loss, partly due to billions in charges from its airline programs as well as the current strike.

Boeing reports $6 billion loss ahead of pivotal union vote

Boeing reported losses topping $6 billion last quarter as voting kicks off Wednesday on a labor contract that could put an end to a weeks-long strike that has crippled the aviation giant. “It will ...

Politics - The Hill - October 23

Medicare Advantage plans get billions for dubious diagnoses: Report

Medicare Advantage plans run by private insurers are reaping billions by making home visits for senior citizens.

We're buying more of a stock that has gone on sale since reporting earnings

The purchase will increase the stock's weighting in our portfolio to 2.75% from 2.58%.

Business - CNBC - October 14

China reports better-than-expected retail sales and industrial production data

The data comes after a flurry of recent announcements from authorities as Beijing seeks to boost consumption and support its flagging real estate sector.

Business - CNBC - October 18

Beyoncé brings star power as Kamala Harris touts ‘freedom’ in Texas

Vice-president seeks to energise women voters as White House race against Donald Trump tightens

Business - Financial Times - October 26

Nasdaq hits record high as tech stocks rebound from summer sell-off

Sharp turnaround from 15% slide as investors make ‘heads I win, tails you lose’ bet

Business - Financial Times - October 25

FirstFT: Harris calls on America to ‘turn the page’ on Trump

Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after results

World - Financial Times - 6 days ago

Boeing to raise as much as $25 billion to shore up balance sheet

The equity or debt raise of up to $25 billion would be over three years Boeing said.

Business - CNBC - October 16

Boeing Seeks to Line Up Billions in Financing as Strike Goes On

The aerospace giant said it could raise as much as $25 billion in debt or equity over the next three years, including a $10 billion line of credit.

Business - The New York Times - October 15

Boeing to raise as much as $25 billion to shore up balance sheet

Boeing said Tuesday that it could raise as much as $25 billion in shares or debt over three years, a move to increase liquidity as the troubled manufacturer faces a more than monthlong machinist ...

UK Employment Reforms to Cost Firms Up to £4.5 Billion a Year

World - Yahoo News - October 21

Wall Street Financiers Queue Up for a Chance at Billions in Saudi Oil Cash

Are you an international business titan on the hunt for billions of dollars of Saudi oil cash? Prepare for “a mind game.”

Business - The New York Times - 11 hours ago

Apple, Meta and Amazon must show the stock market that AI spending is paying off

Big-tech bellwethers facing scrutiny on whether they are meeting competitive challenges.

Business - MarketWatch - 6 days ago

This AI Tool Helped Convict People of Murder. Then Someone Took a Closer Look

Global Intelligence claims its Cybercheck technology can help cops find key evidence to nail a case. But a WIRED investigation reveals the smoking gun often appears far less solid.

Tech - Wired - October 15

UC San Diego, Tsinghua University researchers just made AI way better at knowing when to ask for help

UC San Diego and Tsinghua University researchers develop breakthrough AI method that teaches small language models when to use tools versus internal knowledge, achieving 28% better accuracy while ...

Tech - VentureBeat - Yesterday

True Value declares bankruptcy, lines up sale to rival hardware chain

True Value, a national hardware brand founded in 1948, said it has a deal to be acquired by rival Do it Best.

Latest in Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it

Pearson Underlying Sales Rise, Plans Further Growth Through AI

AstraZeneca sheds £15 billion of market cap as weight-loss-pill data underwhelms investors

Retail Group Sees $78 Billion Spending Hit From Trump Tariff Plan

Efforts by Russia, Iran and China to sway US voters may escalate, new Microsoft report says

Boeing reports $6.1 billion loss as strike takes toll on plane maker

Boeing reports $6 billion loss ahead of pivotal union vote

Medicare Advantage plans get billions for dubious diagnoses: Report

We're buying more of a stock that has gone on sale since reporting earnings

China reports better-than-expected retail sales and industrial production data

Beyoncé brings star power as Kamala Harris touts ‘freedom’ in Texas

Nasdaq hits record high as tech stocks rebound from summer sell-off

FirstFT: Harris calls on America to ‘turn the page’ on Trump

Boeing to raise as much as $25 billion to shore up balance sheet

Boeing Seeks to Line Up Billions in Financing as Strike Goes On

Boeing to raise as much as $25 billion to shore up balance sheet

UK Employment Reforms to Cost Firms Up to £4.5 Billion a Year

Wall Street Financiers Queue Up for a Chance at Billions in Saudi Oil Cash

Apple, Meta and Amazon must show the stock market that AI spending is paying off

This AI Tool Helped Convict People of Murder. Then Someone Took a Closer Look

UC San Diego, Tsinghua University researchers just made AI way better at knowing when to ask for help

True Value declares bankruptcy, lines up sale to rival hardware chain

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