Latest in Unusual 10.5 Billion
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Nearly $1 billion has been spent on political ads over the last week
There has been just shy of $1 billion spent on political ads in the last week, close to one-tenth of the more than $10 billion spent since the start of 2023.Business - CNBC - November 3 -
Jeff Bezos and OpenAI invest in robot startup Physical Intelligence at $2.4 billion valuation
Amazon's Jeff Bezos and OpenAI invested in Physical Intelligence, a robot startup that raised $400 million at a $2.4 billion post-money valuation.Business - CNBC - November 4 -
DevRev raises $100.8 million in Series A funding and becomes an AI unicorn at a $1.15 billion valuation
Following its successful Series A funding, DevRev drives forward its mission to revolutionize customer support and product development.Tech - VentureBeat - November 1 -
Saudi oil giant Aramco posts third-quarter profits of $27.5 billion, down 15% from a year earlier
Saudi Arabian oil giant Aramco has reported third-quarter profits of $27.5 billion, down about 15% from last year as low oil prices ate into its revenuesWorld - ABC News - November 5 -
These countries have the most at stake as the U.S. heads to the polls
The world is watching the presidential election as voters go to the polls Tuesday, but the vote is more consequential for some countries than for others.Business - CNBC - November 5 -
Hidden behind the budget is a terrible bombshell: billions in cuts for disabled people | Frances Ryan
The DWP confirms that draconian ‘savings’ are coming down the track. Are we a nation that will repair hospitals, but not help a nurse with long Covid?. In the days after the budget, the headlines ...World - The Guardian - November 5 -
British regulator says $19.5 billion Vodafone-Three merger could go ahead if remedies are adopted
Telecom firms Vodafone and Three's multibillion-pound merger could go ahead if the companies adopt proposed remedies from the U.K. competition regulator.Business - CNBC - November 5 -
Spain approves 10.6 billion-euro relief package after devastating floods that killed over 200 people
Spain approves 10.6 billion-euro relief package after devastating floods that killed over 200 peopleWorld - ABC News - November 5 -
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. - November 5 -
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 - November 5 -
Perplexity AI in final stages of raising $500 million round at $9 billion valuation
Perplexity AI is in the final stages of raising $500 million in funding at a $9 billion valuation, a source familiar with the situation told CNBC.Business - CNBC - November 5 -
CVS beats revenue views, but profit missed due to a $1.1 billion reserve charge
CVS’s stock surges after revenue rose well above expectations, while profit missed because of a large charge premium deficiency reserves charge.Business - MarketWatch - November 6 -
Coinbase CEO Brian Armstrong is more than $2 billion richer after post-election stock pop
Coinbase's success in helping its candidates win their elections on Tuesday sent the company's stock price soaring, lifting CEO Brian Armstrong's net worth.Business - CNBC - November 6 -
Ukraine war briefing: Biden plans military aid surge from billions still available, say reports
Zelenskyy congratulates Trump on election win – but gloom and uncertainty prevail in Kyiv. What we know on day 988. See all our coverage of the Russia-Ukraine war The Biden White House ...World - The Guardian - November 7 -
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Small Business Administration-Backed Financing Rose to $56 Billion in Fiscal Year 2024
Smaller loans made up for much of the additional funding.Business - Inc. - November 8 -
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Over $2.8 billion bet on bitcoin topping $90,000 as it hits all-time high
Bitcoin hit a new record high as futures premiums soared, in a clear sign that investors believe the record-run will continue.Business - CNBC - November 10 -
FTX sues crypto exchange Binance and its former CEO Zhao for $1.8 billion
The litigation marks the latest escalation of tensions between two of the biggest names in crypto, after the meteoric collapse of FTX rocked the market.Business - CNBC - November 11 -
Tesla’s stock extends election surge, as Elon Musk is getting $68 billion richer
Tesla’s stock is headed for its best four-day stretch in more than four years, following Donald Trump’s election win.Business - MarketWatch - November 11 -
Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge
Tesla's 39% surge since Donald Trump's election victory last week has lifted Elon Musk's net worth by about $70 billion.Business - CNBC - November 11 -
Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge
Elon Musk spent $44 billion to buy Twitter, now known as X, and at least $130 million to help get Donald Trump elected president.Top stories - NBC News - November 11 -
Binance Co-Founder Changpeng Zhao Is Being Sued for $1.8 Billion by Sam Bankman-Fried’s Failed Crypto Exchange, FTX
The two crypto exchanges have a history of bad blood.Business - Inc. - November 11 -
Schrödinger’s stock pops as it enters collaboration pact with Novartis worth up to $2.5 billion
Schrödinger will receive $150 million upfront plus up to $2.3 billion in milestone and royalty payments.Business - MarketWatch - November 12 -
Activist investor Elliott Management has $5 billion Honeywell stake, seeks breakup
Activist investor Elliott Management has a $5 billion-plus stake in Honeywell and is pushing the company to break itself up into two businesses.Business - CNBC - November 12 -
Americans spend $300 billion a year on gift cards. Why some experts say they should stop.
“Gift cards are a good idea for everybody but the person who receives them.”Business - MarketWatch - November 13
