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IBM stock slips on disappointing consulting and infrastructure revenue
IBM's critical software category performed well due to Red Hat's gains, but the consulting and infrastructure segments pulled down overall results.Business - CNBC - October 24 -
Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand
Revenue for the third quarter grew about 94% year-on-year.Business - CNBC - October 24 -
Tim Cook is likely visiting China to bolster support for Apple Intelligence, analysts say
The CEO met with China's Minister of Industry and Information Technology as well as the heads of some local companies, including China Mobile and Weibo.Business - CNBC - October 24 -
Barclays shares hit nine-year high after third quarter profit jumps 23%, beating expectations
British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations.Business - CNBC - October 24 -
Silicon Valley’s General Catalyst raises $8bn in global push
New money is the largest sum raised by a venture capital firm in more than 2 yearsBusiness - Financial Times - October 24 -
Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter
Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.Business - CNBC - October 24 -
Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list
Nike and Kohl's are expecting sales to fall this year, but they remain a top choice among consumers, indicating they must move quickly to not fall out of favor.Business - CNBC - October 24 -
Chinese smartphone maker Oppo doubles down on AI, says in regular talks with Google and Microsoft
As Chinese smartphone company Oppo gears up for a flagship phone launch overseas, it says it has weekly AI talks with Google and Microsoft senior management.Business - CNBC - October 24 -
Top 10 things to watch in the stock market Thursday, including news on Nvidia, 3 other Club stocks
The S&P 500 was trying to break a three-session losing streak.Business - CNBC - October 24 -
Air taxi firm Lilium's shares plunge 61% after company says main subsidiaries will file for insolvency
Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries plan on filing for insolvency in the coming days.Business - CNBC - October 24 -
New-home sales jump to highest level since May 2023, as lower mortgage rates drew buyers in
New-home sales surged in September, as home buyers seized on lower mortgage rates.Business - MarketWatch - October 24 -
Generative AI is onboarding hundreds of employees at a time, better and faster
Onboarding new employees is a core responsibility of talent leaders. It's increasingly being turned over to AI.Business - CNBC - October 24 -
OpenAI disbands another safety team, head advisor for 'AGI Readiness' resigns
OpenAI is disbanding its "AGI Readiness" safety team, which advised the company on its capacity to handle the outcomes of increasingly powerful AI.Business - CNBC - October 24 -
Tesla stock soars 22% for best day in over a decade on Musk's 2025 growth projection
Tesla shares soared 22% Thursday, the stock's best day in 11 years, following its better-than-expected third-quarter earnings.Business - CNBC - October 24 -
Level Up Your Gaming Life With One Move You Won’t Regret
If you’re a PC player looking to take your experience to the next level, it’s time to talk about PC Game Pass . For just $13.95 a month, your PC Game Pass subscription opens the door to a massive ...Tech - GameSpot - October 24 -
FirstFT: Partner pay at US law firms hits record levels
Also in today’s newsletter, US backs huge lithium mine and Canada cuts immigration programmeWorld - Financial Times - October 25 -
Why the Knicks are counting on the 'king of New York' to level up again
As New York sports hit fever pitch, the Knicks are banking on a revamped roster to capitalize on their new captain's rise to stardom.Sports - ESPN - October 25 -
Looking forward to high-level insights at GamesBeat Next 2024 | The DeanBeat
I’m looking forward to GamesBeat Next 2024 on Monday October 28 and Tuesday October 29 in San Francisco. We’ve got a lot of speakers who can deliver high-level insights into the state of the game ...Tech - VentureBeat - October 25 -
California woman takes little free libraries to another level
You may have seen these little free libraries on the side of the road, quaint little houses where people can share good old fashion traditional books. But as Itay Hod reports, one woman in ...Top stories - CBS News - October 26 -
Planet-heating pollutants in atmosphere hit record levels in 2023
Carbon dioxide concentration has increased by more than 10% in just two decades, reports World Meteorological Organization. The concentration of planet-heating pollutants clogging the atmosphere ...World - The Guardian - October 28 -
Job openings in the U.S. fall to the lowest level in 3½ years
U.S. job openings fell in September to a three-and-a-half year low as as the demand for labor ebbed and businesses waited for the economy to speed up.Business - MarketWatch - October 29 -
U.S. consumer confidence surges in October to highest level in nine months
The U.S. consumer-confidence index surged to 108.7 in October from a revised 99.2 reading in the prior month, the Conference Board said Tuesday. This is highest level of confidence since January.Business - MarketWatch - October 29 -
Mortgage rates rise to highest level since July due to these 3 reasons
Mortgage applications fell 0.1% in the last week, the Mortgage Bankers Association said.Business - MarketWatch - October 30 -
UK borrowing costs hit highest level this year as gilt sell-off intensifies
Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ BudgetBusiness - Financial Times - October 31 -
Inflation falls to lowest level since 2021 in Fed’s preferred gauge
Price increases have fallen to their lowest level in more than three years in the latest reading of the Federal Reserve’s preferred inflation gauge, strengthening the outlook for more interest rate ...Politics - The Hill - October 31 -
Liam Livingstone onslaught helps England level West Indies ODI series
West Indies 328-6; England 329-5 ; series level at 1-1 Captain hits 124 not out in five-wicket victory A Liam Livingstone masterclass secured England an unlikely victory and levelled the series ...World - The Guardian - November 2 -
Trump’s ‘DJT’ reports narrowing quarterly loss on Election Day. Stock jumps after hours following regular-session slump.
Investors in the parent of Trump’s Truth Social appeared to suddenly turn pessimistic toward the former president’s odds of winning at the polls as Election Day progressed.Business - MarketWatch - November 6 -
Wells Fargo Tripled State-Level Political Spending Since 2014
The bank has steered donations to groups seeking to influence state legislatures, attorneys general, and gubernatorial elections.Business - Inc. - November 5 -
Can Caitlin Clark’s New Coach Take the Star’s Career to the Next Level?
Clark’s historic rookie season persuaded the Indiana Fever to pursue a coach of Stephanie White’s pedigree.Sports - The New York Times - November 7 -
Global food prices reach highest level in 18 months
Increases signal grocery price pressures likely to rise further over the coming quartersWorld - Financial Times - 6 days ago