One evidence-first edition across technology, startups, and finance, organized into three public sections: markets and companies, business opportunities, and behavior and culture.
This is the brief as it was composed on 2026-10-31. The snapshot is the record, not a live rebuild. Region filtering applies when a precomputed snapshot exists for that date.
The complete collection from retained records. Single-source reporting is attributed; this is not a market signal.
Consumer appliances maker Atomberg Technologies has received approval from the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO). The IPO comprises a fresh issue of equity shares worth up to Rs 450 crore and an offer for sale (OFS) of 7.65 crore shares by existing shareholders. The company is yet to announce the price band and timeline for the issue.
Anthropic is expected to receive a high “junk” rating from credit rating agencies following its initial public offering, according to a report from the Financial Times. The FT says the investment giant Blackstone, the anchor investor in a recent $63 billion deal to finance Anthropic’s chips, told investors in the deal that it expects the AI lab to receive a “high” junk rating after its IPO. Previously, the FT notes, Blackstone had said the opposite: that the Claude maker…
Washington, D.C. — Today, Congressional Progressive Caucus (CPC) Chair Rep. Greg Casar (TX-35) and House Financial Services Committee Ranking Member Rep. Maxine Waters (CA-43) co-led the introduction of a resolution warning of the economic risks posed by an artificial-intelligence-related asset bubble, opposing a bailout of corporations or their business executives impacted by the collapse of an A.I. bubble, and affirming their support for aggressive federal action to…
OpenRouter · An open-weight model is one whose trained weights are published, so anyone can download it, run it on their own hardware, fine-tune it, or serve it to others. A closed-weight model keeps its weights private, so the only way to use it is through the company that built it or a cloud it licenses to. Across OpenRouter, open-weight models went from 27% of the top 50 models’ tokens in October 2025 to 72% in late September 2026.
Tata Starbucks, the 50:50 joint venture between Tata Consumer Products and Starbucks Corporation, has established itself as one of India’s largest coffee chains by revenue and store count. While the company has grown over the years, its bottom line remains in the red. Starbucks’ revenue from operations grew a modest 7% year-on-year to Rs 1,367 crore in FY26 from Rs 1,277 crore in FY25, according to its standalone financial statements sourced from the Registrar of…
Qiroko, a Bengaluru-based fashion accessories brand, has raised Rs 1.5 crore in a pre-seed funding round led by ISV Capital, with participation from angel investors. The startup will use the fresh capital for new product development, expansion into watches and bags, wider distribution across its direct-to-consumer (D2C) website, marketplaces and quick commerce platforms. It also plans to strengthen its team and build in-house brand and content capabilities.
Binance has faced a heist exceeding $6.3 Bn, with around $3 Bn secured and frozen on-chain by the digital currency exchange Binance is the world’s largest cryptocurrency trading platform by volume, with a significant presence in India As per Binance, the breach took place after an attacker gained access to a compromised laptop belonging to a DevOps engineer and submitted unauthorised withdrawal transactions Cryptocurrency exchange Binance has reported a security breach…
SEBI informed that it had issued its observation letter to Atomberg on October 30, over a couple months after the company filed its draft IPO papers The public listing will comprise a fresh issue of equity shares worth up to ₹450 Cr and an offer for sale (OFS) of 7.65 Cr equity shares The company plans to use ₹90 Cr from the fresh issue proceeds to repay or prepay certain borrowings Markets regulator Securities and Exchange Board of India (SEBI) has cleared the ₹450 Cr…
Manastu raised ₹22 Cr from Gandhi Securities and Investments, the Thacker Legacy Trusts, and a clutch of angel investors This comes soon after the TDB funded Manastu with ₹116 Cr in the form of optionally convertible debentures It appears the startup intends to raise a further ₹9.2 Cr from Capital A that has yet to be confirmed Spacetech startup Manastu Space raised ₹22 Cr ($2.3 Mn) from Gandhi Securities and Investments, the Thacker Legacy Trusts, and a clutch of angel…
OfBusiness is heading for the stock market with a business that earns most of its revenue in one place and most of its profits in another The imbalance raises a larger question. Can OfBusiness improve the returns on its commerce business while using lending and technology to earn more from each SME relationship? The answer lies in how its procurement, manufacturing, customer-discovery and financing operations work together.
Binance said a preliminary investigation pointed to a compromised DevOps engineer's laptop as the possible entry point for the breach. The exchange has suspended deposits and withdrawals and pledged to cover customer losses. Cryptocurrency exchange Binance has estimated the total impact of a major security incident at around $6.3 billion, with approximately $3 billion worth of affected digital assets frozen on-chain in coordination with blockchain partners.
Binance confirmed there is no evidence that wallet private keys were compromised. Dear Reader, Atomberg Technologies is gearing up for its public outing. The smart appliance disruptor has officially secured SEBI's green light to float its initial public offering, blending a Rs 450 crore fresh issue with an offer for sale of over 76.5 million equity shares.
Greaves Cotton share price jumped nearly 11% on Friday, October 30, after the company reported its September-quarter results. Greaves Cotton shares rose as investors looked beyond the sharp fall in reported profit and focused on the company's underlying business growth. The profit decline was largely driven by one-off expenses rather than a broad-based slowdown in operations.
Suzlon Energy share price: Shares of Suzlon Energy plunged almost10% to a 52-week low of ₹33.21 on Friday, October 30, after the renewable energy company reported its September-quarter results. The stock opened at ₹36.09 before extending its losses. Suzlon shares have fallen 46% from their 52-week high of ₹61.45, recorded in November 2025.
Retail investors heavily leveraged margin trading facilities to borrow ₹2,227 crore for Jio Platforms shares on its trading debut, making it one of the top broker-funded stocks on 28 October.
Laurus Labs share price climbed nearly 6% to a record high of ₹2,381.15 on Friday, October 30, after the pharmaceutical company reported strong September-quarter results, with revenue rising 33% year-on-year and net profit more than doubling. The company also announced an interim dividend of Re 1 per share. The stock rose for the fifth consecutive trading session, gaining around 21% during this period.
Stocks to buy today | Shares to buy today | Moneyview shares: After listing at a strong premium of over 91%, Moneyview shares have remained under selling pressure throughout the month. However, the newly listed stock is still trading at a premium of over 30% to the upper price band of ₹34 per equity share. Moneyview share price today opened flat at ₹52.59 per share on the NSE and touched an intraday low of ₹49.84, logging an intraday loss of over 5% against the previous…
Reliance Group stocks ahead of Q2 results today: Mukesh Ambani-led Reliance Group stocks - Reliance Industries and newly listed Jio Platforms - are set to release their financial results for the quarter ending on 30 September, 2026, on Friday, 30 October. Reliance Industries share price opened higher on Friday but soon lost momentum, slipping into negative territory and declining by less than 1%. The stock touched an intraday low of ₹1,157.10 per share ahead of the…
Jio Platforms Q2 results 2026: Mukesh Ambani’s telecom giant, Jio Platforms, reported its quarterly earnings for the first time since listing. Backed by Reliance Industries Limited (RIL), Jio Platforms reported a 13.7% yearly growth in its consolidated net profit (attributable to owners of the company) to ₹8,389 crore in the second quarter of financial year 2026-27. Jio Platforms quarterly results have come days after its Dalal Street debut on Wednesday, October 28.
Vijay Kedia’s portfolio stock under ₹150: Ace investor Vijay Kedia portfolio stock, Ashutosh Fibre Limited, has delivered 6.26% return over the past week. He owns 10.35 lakh shares in the textile stock, which is equivalent to 4.73% stake in the firm. Kedia held shares in Ashutosh Fibre before its initial public offering, and the textile stock's rally has significantly boosted the value of the ace investor's holding.
Marriott International Inc. is set to announce its third-quarter 2026 financial results on Monday, November 2, before the opening bell on Wall Street. Investors will closely monitor the hotel group's revenue growth, earnings performance and management commentary on the business outlook for the remainder of 2026 and 2027. The company's quarterly performance is expected to reflect steady global travel demand, favourable room pricing and continued strength in leisure bookings.
Amazon shares plunge after Q3 earnings miss Amazon shares came under heavy selling pressure in after-hours trading on Thursday, October 29, after the e-commerce giant reported third-quarter earnings and revenue below Wall Street expectations. The stock fell more than 9% following the results, as investors assessed disappointing financial performance, mounting artificial intelligence investments and a cautious outlook for the holiday quarter. (Sources: Reuters, Yahoo…
Binance said it had worked with industry partners to freeze the affected assets, with approximately $3 billion located so far. The company has not provided an update on the remaining $3.3 billion. Binance co-founder Yi He said the company would cover all losses resulting from the hacking incident.
Volkswagen, Stellantis and Renault have managed to arrest a prolonged decline in their share prices as they pursue strategies to rebuild investor confidence. These include expanding electric vehicle line-ups, cutting costs, restructuring operations and forging new partnerships. However, investors remain concerned about whether Europe's established carmakers can restore the profitability and market valuations they once commanded.
Companies listed on Europe's benchmark STOXX 600 index are expected to report average earnings growth of 23.6% in the third quarter compared with the same period last year. The estimate is based on results from 144 companies that have reported so far and market forecasts for those yet to announce their financial performance. The projected growth is marginally below the 23.9% increase recorded in the previous quarter, highlighting the resilience of corporate earnings…
Consolidated revenue from operations rose 32.7% YoY to Rs 47,301.03 crore from Rs 35,657.23 crore in Q2FY26. The company's board also granted in-principle approval for the listing of shares of its wholly owned subsidiary, GAIL Gas Ltd, on Indian stock exchanges through an initial public offering (IPO), involving the dilution of up to 25% of GAIL's equity holding. On a standalone basis, GAIL reported a net profit of Rs 4,650 crore in Q2FY27, marking an 8.3% increase from…
Reliance's consolidated profit, including its share of earnings from associates and joint ventures, jumped 33.8% year-on-year (YoY) to a record Rs 29,550 crore in the September quarter, compared with Rs 22,092 crore a year earlier. Gross revenue surged 28% to an all-time high of Rs 3.62 lakh crore, while EBITDA climbed 23.9% to a record Rs 62,409 crore. Sequentially, profit rose 27.4% and EBITDA increased 15.4%.
The company’s net profit for the quarter ended September rose 28% year-on-year to Rs 1,013 crore, while revenue increased 18% to Rs 4,468 crore. Net profit margin for the quarter stood at 22.1%. The developer’s pre-sales during the quarter grew 10% to Rs 5,037 crore, taking pre-sales as of the first half of the financial year to Rs 9,670 crore, which is 40% of the company’s full-year guidance of Rs 24,000 crore.
India’s largest drug maker reported an 11.8% year-on-year increase in consolidated revenue to Rs 16,100 crore for the second quarter driven by growth in India and emerging markets. Adjusted net profit was Rs 3,162 crore. Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 4.8% to Rs 4,744 crore, with the operating margin contracting to 29.3% from 31.3% a year earlier.
Published OnOct 30, 2026 | 12:10 IST - Last Updated OnOct 30, 2026 | 12:10 IST AU Small Finance Bank is investigating an alleged data breach by ScarlettGroup affecting a Salesforce platform, though core banking systems remain secure. A hacking group identified as ScarlettGroup has claimed to have breached AU Small Finance Bank, alleging that it accessed sensitive customer information and internal corporate data. According to information published on HackRisk, the group…
Published OnOct 30, 2026 | 12:57 IST - Last Updated OnOct 30, 2026 | 12:57 IST Digital trust firm eMudhra has hired KPMG for an independent audit after a critical cryptographic lapse in its global certificate infrastructure triggered regulatory probes and browser blocks, leading the firm to exit the TLS business. Discover how officials plan to evaluate its domestic operations. Digital trust company eMudhra has appointed KPMG to conduct an independent review of the…
Published OnOct 30, 2026 | 15:34 IST - Last Updated OnOct 30, 2026 | 15:34 IST GAIL's EBITDA margin during the quarter stood at 14%, down 240 basis points from the previous quarter, but better than the CNBC-TV18 poll projection, which had projected a further fall to 11.7%. Shares of GAIL surged as much as 3% on Friday, October 30, in response to its September quarter results, that beat analyst expectations on a sequential basis. GAIL reported a 17.8% increase in its…
Edited byAjay Vaishnav - Published OnOct 30, 2026 | 17:00 IST - Last Updated OnOct 30, 2026 | 17:00 IST The energy major is restructuring its domestic footprint by transferring key city gas distribution zones to its subsidiary ahead of the public offering, backed by stronger-than-expected quarterly earnings. Discover how the asset consolidation will impact upcoming valuation multiples. GAIL's board has given in-principle approval for the listing of its wholly owned…
Jio leads in terms of subscribers and market capitalisation, but continues to lag behind Airtel in average revenue per user (ARPU); a key growth driver is expected to be industry-wide tariff increase by FY27
The 30-share BSE Sensex climbed 138.77 points to 74,289.81 in early trade. The 50-share NSE Nifty was up 38.95 points to 22,967.10
The proposed IPO will provide GAIL Gas with a stock market listing while allowing its parent to unlock value through a partial stake sale.
Qatari mediators held talks in Tehran for more than 12 hours on Friday in an effort to reach a deal to restart direct negotiations between the U.S. and Iran and avoid an outbreak of war after the midterms, according to diplomatic sources. The discussions will continue in Doha, Qatar, on Saturday. Why it matters: The U.S. is now just days away from a possible military operation that would inflict enormous damage on Iran and likely lead to retaliatory strikes against Israel…
Presented by Palantir {beacon} Defense &National Security Defense &National Security The Big Story Ukraine gets approval for Patriot missile sale The State Department approved on Friday a possible $2.1 billion sale of 500 Patriot interceptor missiles to Ukraine that is funded entirely by U.S. partners and allies. © Getty The Trump administration greenlit the...
Intel is struggling to make enough AI server chips and dealing with a weak PC market. Investors will soon find out the degree to which AMD may be suffering from the same problems.
A month after President Donald Trump ordered that "super intelligence" replace the term artificial intelligence within executive branch departments and agencies, his leading tech allies, Elon Musk and Mark Zuckerberg, followed suit on earnings calls. Their fellow tech CEOs were less eager to do the same. Trump's declaration took place on Sept.
The American Federation of Teachers sued the Trump administration Friday, alleging it unlawfully blocked student loan forgiveness for tens of thousands of borrowers who qualify. The plaintiffs argue in their lawsuit, Weingarten v. McMahon, filed in the U.S.
CNBC's Jim Cramer warned on Friday that volatility on Wall Street may not be over. Stocks endured a turbulent week as renewed concerns about the artificial intelligence trade weighed on technology shares. The tech-heavy Nasdaq Composite climbed 2.3% through Wednesday before plunging 2.9% Friday, ending the week down 2%.
Published In Armenia's capital this week a fight between politicians broke out - not the mass brawl in its parliament that was so widely documented on social media - but between delegates from nearly 200 countries. The world's nations have been gathered in Yerevan for nearly two weeks negotiating, and arguing, over a new agreement on nature. Early on Saturday morning, hours after talks were due to finish, they finally agreed the key parts of a new action plan.
Factory folds Typedef's data context layer into its Droid coding agents, aiming to give enterprise AI engineers lineage-aware migrations and pipeline debugging. - Factory acquired Typedef, a context layer startup for enterprise data, to bolster Droid coding agents. - Typedef maps dependencies across data models, pipelines, and dashboards so agents can plan safer migrations. - Target use cases: planning migrations, debugging pipelines, and refactoring models with lineage…
Featured Story T-Mobile: We'll be first with 6G, and no to SpaceX MVNO T-Mobile reports Q3 earnings and says it aims to be first with 6G in the US. It also continues to rule out an MVNO deal with SpaceX's Starlink. Together, AT&T and Verizon now employ fewer people than AT&T alone did in 2020, but cuts so far seem to have had little to do with AI.
Featured Story T-Mobile: We'll be first with 6G, and no to SpaceX MVNO T-Mobile reports Q3 earnings and says it aims to be first with 6G in the US. It also continues to rule out an MVNO deal with SpaceX's Starlink. Cambridge, UK-based CBNG has gone into administration, affecting about 75 jobs, in the wake of Verizon's decision to not use its millimeter wave product for 5G fixed wireless access.
America Movil’s chief executive officer Daniel Hajj said the company does not yet know what Televisa’s strategy will be once the transaction is completed but noted that Televisa will be a strong competitor In sum – what to know Pay-TV opening – América Móvil CEO Daniel Hajj said he expects the acquisition of AT&T Mexico by Televisa to allow América Móvil to offer pay-TV services as well. Televisa competition – Hajj expects Televisa to remain a strong competitor after…
Hackers working for the North Korean regime have been blamed for a record cryptocurrency heist following a cyberattack at crypto exchange Binance. The hackers stole at least $6.3 billion in crypto from the company’s wallets, though about half of that amount was frozen as the stolen crypto traveled across various blockchains, according to security researchers. The breach is by far the largest known theft of crypto in history, though the incident has not been confirmed yet…
Salesforce has agreed to acquire Rune Technologies, a startup that builds AI software to help the U.S. military predict supply needs and manage logistics from the field, for $375 million in cash and stock, Resilience Media reported. The acquisition underscores Salesforce’s push into defense tech through Missionforce, its business unit serving national security and defense agencies. Since Missionforce launched last year, its business has grown 80% year over year, driven in…
Google has acquired more land at its existing Finnish data center campus amid ongoing troubles at its new planned development site. A new 50MW data center is being proposed in Western Finland by a Finnish real estate firm, as another local construction firm backs out of a project in the region. Google buys more land in Hamina Google has acquired more land in Hamina for potential expansion of its existing Finnish data center campus.
Off the Wire Press Releases Always-on neuromorphic AI with on-chip learning comes to the world’s most popular single-board computer LAGUNA HILLS, Calif., Oct. 30, 2026 — BrainChip Holdings Ltd., a global leader in ultra-low-power, fully digital, event-based neuromorphic AI, has launched the AKD1500 Raspberry Pi 5 Development Kit. The kit pairs a Raspberry Pi 5 with BrainChip’s AKD1500 M.2 board, giving the millions of engineers, makers and product teams who already build…
AI - Domestic droid gone amok? Don't worry, you're covered Insurance firms look to insulate domestic humanoid robot owners against the inevitable chaos they will bring - Google's search revenue Ferrari hits an AI-powered speed bump Just wait 'til we add more AI and this thing'll really fly - AWS installs an AI accelerator every 14 seconds and eyes $1 trillion annual revenue Before long, we could be writing about a cloud company with a retail side hustle - Oracle wants to…
This report is from this week's The Tech Download newsletter. Anthropic's over 300 page S-1 filing earlier this week contained a lot of information. It was the most comprehensive public statement to date about how a pure-play AI lab makes its money.
Founded in 1982, the TV channel broke the longstanding stranglehold of the BBC and ITV
Nvidia-backed neocloud bets on West Virginia data centre campus hit by construction issues, local opposition and financing risks
Tech stocks plunged on Friday for the second day in a row as fears around AI spending collide with disappointing earnings in big tech’s core businesses.
AstraZeneca Chief Financial Officer Aradhana Sarin says the drug company uses AI in almost every aspect of the work they do. She talks beating on earnings, their drug pipeline and how the company approaches dealmaking. She speaks on "Bloomberg Surveillance." (Source: Bloomberg)
Character Technologies should hire a privacy ombudsman to assess whether its artificial intelligence platform is harmful to children, as part of its plan to license some of its technology to Walt Disney Co., a judge said in a bankruptcy court hearing Friday.
India’s space agency launched a navigation satellite to bolster the nation’s location-tracking system.
Shares of Opay Ltd., a Nigeria-focused payments platform, didn’t begin trading in New York as expected after the company raised $304 million in a US initial public offering priced at the bottom of the range.
Intel reported third-quarter 2026 earnings with revenue of $16.5 billion, up 21% year-over-year. Non-GAAP gross margin reached 44.1%, and non-GAAP EPS came in at $0.52. Data center demand is surging while the client PC business is struggling (mightily) under memory market conditions.
10nm Xeon shipments stall during largest shortage in memory The most devastating semiconductor fab disruption in recent history. The explosion at Intel's Fab 28 near Kiryat Gat, Israel, that happened earlier this month forced Intel to shut down the whole facility for two weeks, and now the company expects that it will cost it approximately $600 million in lost revenue over two quarters. The disruption is expected to affect server processors manufactured using Intel's…
coupon code knocks $60 off sale price for new Woot! customers, $40 for existing ones Score the latest Nintendo handheld gaming console before the holidays Woot! has a brilliant deal right now on Nintendo's latest handheld gaming console. You can pick up the family-friendly Nintendo Switch 2, along with a free digital game code, for as low as $459 right now if you're a new Woot customer with the SAVETOBER coupon code. If you're not, you can still grab it for $479.
After months of bombarding mathematicians with a relentless stream of AI-generated results, OpenAI CEO Sam Altman says he sympathizes with researchers struggling to make sense of it all. But he has no intention of stopping - and hints there could be much more to come from the company's stockpile of discoveries. "I think, on net, the world deserves to understand how the universe works," Altman said during an episode of the Cheeky Pint podcast released Thursday.
Nvidia is in talks to guarantee billions in debt financing for AI cloud provider Nscale’s planned Anthropic data center in West Virginia, The Information reported Thursday. Bloomberg later corroborated the report. Anthropic has signed a $44.6 billion contract for the project’s first building alone, according to Nscale’s IPO filing.
It’s a quiet day, so as we have done once per conference, we’ll do a behind the scenes look at AI Engineer, now serving 6M views a month for 1.8M monthly unique viewers. CODE is the last flagship AIE of the year (there are also 2 partner conferences coming up - AIEi Shanghai takes place next week, and AIEi Sydney is a side event of NeurIPS in December). As a Summit it is meant to be more intimate: single track, invite-only for the top 1000 agentic engineers in the world…
30th October 2026 - Link Blog dbreunig/nesformer (via) Inspired by qwenputer by Divyansh Agrawal, Drew Breunig baked a working emulator for a Nintendo Entertainment System 6502 CPU into the weights of Qwen3.5-4B. You can now play NES ROMs such as Super Mario Bros (very slowly) running inside Qwen! In a comment on Hacker News Drew reveals the Opus 5.5 prompts he used to build this system: Read this article and any relevant source code: https://divagr.com/blog/qwenputer.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 10/30/2026 featuring funding details for CreateOne and much more. This page will be updated throughout the day to reflect any new fundings. CreateOne – $750K CreateOne, a platform that lets designers create, produce, and sell clothing without holding inventory, has raised $750K in funding according to a recent SEC filing.
The Pulse is a series covering events, insights, and trends within Big Tech and startups. Today, we cover: Anthropic kills its coding interview. A team at the leading frontier AI company gets zero signal from DSA interviews and so has removed it from the engineering recruitment process.
This week's updates focus on applying security fixes and keeping services connected after credential changes. Automatic security patches Railway can now automatically patch services and functions affected by known security vulnerabilities (CVEs), redeploying them with the updated image. You no longer need to update and redeploy each affected service manually.
OpenRouter · An always-on AI agent is a program that wakes up on a schedule, uses tools to check on something, decides what matters, and acts or reports without you asking each time. At DevDay 2026, OpenAI announced Dots, its version of always-on agents. You can also build your own, choosing the model, tools, and how much each run can spend.
Teams accumulate code faster than they accumulate trust. That gap — code without trust — is where projects fail. I have been circling this idea for two years in this newsletter.
Building a Haunted House with NVIDIA Nemotron Open Models Or rather… Boo! TL;DR: MonsterHouse is an interactive projection I created for Halloween. He listens to trick-or-treaters, answers in the voice of a grumpy old pirate ship and softens when visitors remember their manners.
Last week coined the term “Black October“ after an onslaught of critical vulnerability disclosures, including PHP2Shell and GitLab, signified the moment when the cyber risks of AI models started to materialize. It seemed like the news cycle had stabilized a bit when I started writing this, but then there was news about another major crypto security incident at Binance. The crypto industry has a very long history of hacks, so it’s not the best industry to indicate…
Figma Weave brings AI generation and editing tools together into connected, reusable workflows, giving you a process your team can shape, refine, and repeat. Here’s what it unlocks for creative teams and how to get the most out of it. Share The TL;DR on Figma Weave: Make your creative process repeatable Terms to know: Node: An individual building block of a workflow on the Weave canvas.
In today’s newsletter: - Speculative decoding, now 2.6x faster on a MacBook. - RAG vs. Vectorless RAG, clearly explained. Speculative decoding, now 2.6x faster on a MacBook: We ran Qwen3.5 9B on an M5 MacBook Pro with the same prompt, three ways: - No speculative decoding: 22.0 tokens/s, done in 42.2s - Regular speculative decoding: 34.7 tokens/s, done in 30.4s - DFlash + Weaver in Uzu: 92.1 tokens/s, done in 11.0s That is about 4x faster than plain decoding and 2.6x…
← Latest Musical Chairs With Landlords The $800 billion bill behind Anthropic's IPO. Welcome back to our Friday Deep Dive. Anthropic filed its IPO prospectus this week and, for the first time, showed the public how much compute a frontier AI company has promised to buy.
Friday 30 October 2026 Top stories today: - Binance investigating ~$6.3B hack potentially linked to staffer’s laptop - Alphabet shares -12%, wiping out record $500B on AI spending fears - Amazon Q3 revenue +12% YoY to $201.9B, net income -2% - NVIDIA chief Jensen Huang seen as target of Chinese spy plot - DoorDash agrees to acquire Instacart for ~$17B at $65 per share 0. Data & Calendar All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM…
October 30, 2026 It’s ok that computers are (sometimes) better than us Ryan is joined by Charity Majors, co-founder and CTO at Honeycomb, for a conversation about applying the concept of immutable infrastructure to software development to treat code like cattle instead of pets, shifting the paradigm of system specifications to accommodate the rapid influx of AI-generated code, and navigating the complex ethical boundaries between system observability and human…
Managed office space provider Smartworks reported its financial results for the quarter ended September 2026 (Q2 FY27). The company posted a 39% year-on-year growth in revenue during the period. Meanwhile, its EBITDA grew 37% to Rs 391 crore.
Fintech company Navi has announced a Rs 940 crore funding round led by Prosus at a valuation of Rs 13,192 crore. Founder Sachin Bansal continues to remain the company's largest shareholder, holding an 84.34% stake. According to the company's regulatory filings accessed by Entrackr, Navi has issued 23,94,29,444 compulsorily convertible preference shares (CCPS) at an issue price of Rs 39.26 per share, aggregating to approximately Rs 940 crore.
What began as an attempt to address hair loss and the insecurities surrounding it among India’s youth has turned Traya into a nearly Rs 600 crore business. Yet, despite strong revenue growth in FY26, the seven-year-old haircare startup continued to report losses. Traya's revenue from operations surged 72.6% year-on-year to Rs 585 crore in FY26 from Rs 339 crore in FY25, according to its consolidated annual financial statements reviewed by Entrackr.
Logistics company Delhivery reported a 19.8% year-on-year growth in revenue in the second quarter of the ongoing fiscal year (Q2 FY27) and remained profitable during the period. Delhivery’s revenue from operations increased to Rs 3,066 crore in Q2 FY27 from Rs 2,559 crore in Q2 FY26, according to its financial statements sourced from the National Stock Exchange (NSE). The company primarily generates revenue from its logistics services, including freight handling,…
PB Fintech, the parent company of Policybazaar and Paisabazaar, reported a strong financial performance in Q2 FY27, with consolidated revenue registering a healthy year-on-year growth alongside a 43% increase in net profit compared to the corresponding quarter last year. The company’s revenue from operations grew 35% to Rs 2,178 crore in Q2 FY27 from Rs 1,614 crore in Q2 FY26, according to its consolidated financial statements filed with the stock exchanges. In terms of…
Smartworks posted a consolidated net profit of ₹25.6 Cr in Q2 FY27 against a ₹3.1 Cr loss a year earlier, while operating revenue rose 39.2% to ₹591.4 Cr. Revenue growth outpaced the 28.1% increase in total expenses, helping the managed workspace provider swing to a pre-tax profit despite lower other income. Sequentially, net profit jumped 95% from ₹13.1 Cr, while operating revenue increased 8.3% from ₹546.2 Cr in the June quarter.
Carrum Mobility, founded by former Revv founder Karan Jain in 2024, has built a fleet of 5,500 vehicles to serve Uber's Go, Premium and Black offerings. The startup has received $17 Mn in funding from Uber this year Carrum has built a profitable business by managing vehicles and drivers for Uber, but its dependence on a single ride-hailing platform raises questions about long-term sustainability and independent growth With ₹233 Cr in FY26 operating revenue and ₹6.5 Cr…
PB Fintech’s consolidated net profit jumped 42.5% to ₹192.4 Cr in the September quarter of FY27 from ₹135 Cr in the same quarter last year. Operating revenue increased almost 35% YoY and 15% QoQ to ₹2,177.7 Cr in the quarter under review The insurtech company’s total expenses stood at ₹2,067.7 Cr in the September quarter PB Fintech’s consolidated net profit zoomed 42.5% to ₹192.4 Cr in the second quarter (Q2) of the fiscal year 2026-27 (FY27), up from ₹135 Cr in the same…
Labour Ministry has notified the constitution of the National Social Security Board for Unorganised Workers and Gig and Platform Workers under the Code on Social Security, 2020 Launched in 2020, the Code on Social Security consolidates nine existing labour laws into a single framework to extend social security benefits The board will be chaired by the Union Minister for Labour & Employment and comprise representatives from the Central and state governments, aggregator…
Delhivery swung to a consolidated net profit of ₹40.6 Cr in Q2 FY27 from a ₹50.5 Cr loss a year earlier, while operating revenue grew 19.8% YoY. Operating revenue growth outpaced the 14.2% increase in total expenses, helping the logistics company turn profitable despite a decline in other income. The company’s board approved an investment of up to ₹36 Cr in wholly owned subsidiary Delhivery Fintech Distribution to fund its operational and business requirements.
The proposed framework aims to help startups and institutions access large-scale, India-specific datasets to develop AI models while protecting citizens' privacy The DEPA for AI training also proposes a techno-legal architecture to enable companies to collaborate on AI training without transferring underlying datasets The framework also proposes that trained models must undergo independent checks for bias, fairness, security, safety and explainability The IT ministry…
Prosus has invested $100 Mn in Sachin Bansal-led fintech startup Navi, marking the company’s first institutional capital raise. The investment gives Navi fresh capital as it scales its lending and payments businesses and reportedly revives plans for a ₹3,000 Cr IPO. The Competition Commission of India cleared the investment on October 30.
Jio Platforms reported a 13.7% YoY increase in consolidated net profit to ₹8,387 Cr in Q2 FY27, while operating revenue rose 11.4% to ₹40,475 Cr Other income jumped 49.5% YoY to ₹978 Cr, supporting profit growth even as total expenses increased slightly faster than operating revenue Network operating expenses, its largest expense head, increased 3.3% to ₹8,813 Cr from ₹8,528 Cr Recently listed Jio Platforms reported a net profit of ₹8,387 Cr in Q2 FY27, a 13.7% increase…
upliance.ai is in advanced talks to raise $3 Mn to $4 Mn in a Series A round, which is expected to close by January 2027, sources told Inc42. The proposed funding could help the smart appliance startup strengthen R&D, improve its interface, and expand into international markets. A new investor is expected to join the startup’s cap table, while existing backers, including Khosla Ventures, are looking to invest further D2C home appliance startup upliance.ai is in advanced…
What if your next customer is an AI agent? At TechSparks 2026, Mihir Shah of Shopflo by Pine Labs explained how brands can connect product catalogues to AI shopping platforms and drive conversions. AI assistants are becoming shopping destinations, but keeping up with them can stretch lean teams.
Can AI run the entire software show? At TechSparks 2026, ForgeCode CEO Tushar Mathur explained how AI agents can automate software development while engineers focus on quality and results. AI can generate code faster than ever, but getting it tested and reviewed and into production is a different challenge.
Taking a brand global means navigating more than just new markets. At TechSparks 2026, Stelcore Group founder Bharat Mandot explained how the company connects importing, payments, logistics and compliance. Selling internationally can open new markets for a brand.
Pixxel Federal will build on its existing enagements with NASA and the National Reconnaissance Office, as the Bengaluru-based company seeks to expands its satellite intelligence, advanced sensing and software business with American government agencies. Bengaluru-based spacetech startup Pixxel has established Pixxel Federal, a US subsidiary aimed at expanding its business with American civilian, defence and intelligence agencies. The move reflects the growing role of…
The automaker's electric two-wheeler capacity was at 15,000 units per month at the end of the financial year 2026. The capacity currently stands at 30,000 units. India's largest two-wheeler maker Hero MotoCorp plans to increase the production capacity of its Vida electric two-wheeler to 45,000 units by March-end and further boost it to 80,000 units by the second quarter of FY28, according to a senior company official.
The Board is mandated to design, monitor, and recommend targeted welfare schemes to bridge the social security gap for millions of gig and platform workers, alongside traditional unorganised workers. The government has notified the National Social Security Board for unorganised workers and gig and platform workers, which will design, monitor, and recommend targeted welfare schemes to bridge the social security gap. Gig workers are those who perform work or participate in…
Priya Narasimhan of Indus Appstore and Sagar Gaonkar of Eloelo Group argued that India’s next 500 million users will come through AI-ready, locally priced platforms, and that sovereignty must extend beyond chips and models to app distribution, billing and data. India’s app-first economy still lacks a thriving marketplace for digital goods, and fixing that is as much a question of sovereignty as of technology, according to speakers at the 17th edition of YourStory’s…
Bengaluru Tech Summit 2026 View Brand Publisher Beyond AI: Bengaluru Tech Summit 2026 to spotlight new technologies, markets and opportunities The 29th edition of Bengaluru Tech Summit will bring together global technology leaders, investors, and entrepreneurs to explore emerging sectors and business opportunities. For technology entrepreneurs, staying ahead increasingly means looking beyond their immediate business environment. New technologies are emerging rapidly,…
At TechSparks 2026, Naren Shaam, Founder and CEO of Omio Group, advised entrepreneurs to think globally from day one, tackle difficult problems, and stay committed for the long term. AI has made it easier to build products, but entrepreneurs still need to decide what to build and whether they can stay committed long enough to turn an idea into a sustainable business. For Naren Shaam, Founder and CEO of Omio Group, the answer is to solve difficult problems, stay focused,…
At TechSparks 2026, representatives from Switzerland, the Netherlands, and Denmark discussed how Indian startups can tap European research, funding, and markets, and why international collaboration is essential to technological growth. Countries around the world are investing in their own semiconductor capabilities, AI models, and critical infrastructure. But building everything independently is neither practical nor always necessary.
YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here’s the roundup for Friday, October 30, 2026. From Pixxel deepening its US push with a dedicated federal subsidiary to Binance estimating a $6.3 billion impact from a security breach, YourStory brings you today’s headlines with the latest developments across sectors.
India's courts and sectoral regulators have already begun assigning liability for AI failures. Businesses that are holding out for a statute are preparing for the wrong deadline. A bank has an AI system in place to flag suspicious transactions and take the call to freeze accounts.
The logistics company sees performance improving in the second half of the fiscal year despite the challenges of inflation and labour supply. Logistics company Delhivery reported a net profit of Rs 40.63 crore during the second quarter of FY27, compared to a loss of Rs 50.49 crore in the same quarter of the previous fiscal year. Revenue rose 19.8% to Rs 3,066.38 crore from Rs 2,559.3 crore in the year-ago period.
At TechSparks 2026, Tagbin Co-founders Saurav Bhaik and Ankit Sinha demonstrated how BRIXX uses natural-language prompts to bring architectural design, construction planning, and cost estimation together on a single platform. Cost overruns, project delays, and disconnected design processes remain major challenges in India’s construction industry. At TechSparks 2026, Co-founders Saurav Bhaik and Ankit Sinha, the company's CEO and CTO, respectively, demonstrated how their…
In this photo essay, we showcase more highlights from the Contemporary Now arts festival in Chennai, along with director insights. Launched in 2014, PhotoSparks is a weekly feature from YourStory, with photographs that celebrate the spirit of creativity and innovation. In the earlier 1,025 posts, we featured an art festival, cartoon gallery. world music festival, telecom expo, millets fair, climate change expo, wildlife conference, startup festival, Diwali rangoli, and…
The revenues for PB Fintech at the end of second quarter of FY27 stood at Rs 2178 crore which was an year-on-year growth of 35% PB Fintech, the parent company of digital insurance platform Policybazaar and credit aggregator platform Paisabazaar, reported a 42.5% rise in net profit for the second quarter of FY27 while revenue rose by 35% in the same period. PB Fintech reported a net profit of Rs 192.4 crore in the second quarter of FY27 as compared to Rs 135 crore in the…
Something a bit different this week. I’ve been doing a lot of presenting recently, so I thought I’d share my materials with paid subscribers. Net Interest has been running for over six years now, and with 300+ issues, the archive has become a trove of analysis and commentary on the financial sector.
Salesforce agreed the other day to buy Braze for $5.66 billion, 6.8x trailing revenue. In most of B2B that price would be unremarkable. In go-to-market software it’s a 58% premium, because Braze traded at 3.7x on Monday.
Cover Image by Runway Hi friends 👋, Happy Friday and welcome back to our 217th Weekly Dose of Optimism. And what a week it’s been! Per New York Metro Weather, we’re in the midst of the longest streak of 8/10 or higher days since the account started in 2021, and here at the Dose, we’re in the middle of a string of 9/10 or higher weeks so long that I’ve lost count.
Annual contracts seem so great. VCs love them, and they do seem to reduce churn. In fact, when CROs struggle to hit a plan, they often want to push customers onto annual contracts.
From Andrew Chen: These days at a16z I’m mostly working on Speedrun, where we write the first check into brand new startups (up to $1M), and a lot of what we focus on is founder backgrounds/profiles. What are the right ones? How will the profiles change as we enter the age of AI?
Job FUD Fades Microsoft made some headlines last week when it announced an employee buyout offer to 60,000 of its employees—roughly a quarter of its workforce—that would be worth something like ~$10B, if everyone said “sure.” The company didn’t explicitly blame AI for the offer—in fact, Microsoft’s CFO said the goal was to “offer employees agency,” and she expected a low uptake because internal opportunities remain strong. For the most part, no one else really tried to…
Top News Binance temporarily suspended withdrawals on multiple networks after a suspected hack that crypto watchers estimate may have drained at least $2 billion — and possibly as much as $5.7 billion — from the exchange’s hot wallets, though the losses remain unconfirmed. Circle and Tether have frozen roughly $2.36 billion in related funds. TechCrunch has more here.
Want to keep track of the largest startup funding deals in 2026 with our curated list of $100 million-plus venture deals to U.S.-based companies? Check out The Crunchbase Megadeals Board. This is a weekly feature that runs down the week’s Top 10 announced funding rounds in the U.S.
Travel demand appears to be holding up, but at the same time, investor appetite for travel tech startups has cooled. Even a wave of startups promising to improve travel with AI hasn’t managed to reverse the funding slowdown, a review of Crunchbase data shows. Whether uncertainty over how AI will reshape travel planning and booking is contributing to that pullback remains an open question.
Borosil share price skyrocketed 16% in Friday's trading session after the company reported strong set of numbers for the quarter ending on 30 September, 2026, on Thursday. Borosil shares opened at ₹255.40 apiece on NSE today, as compared to previous close of ₹238.70 on Thursday and touched an intraday high of ₹279.80 on 30 September. Glassware manufacturer Borosil reported a 40.5% year-on-year (YoY) growth in consolidated profit attributable to the company’s owners at…
Asian Paints has raised prices and is banking on sourcing efficiencies and its new VAE facility to offset input cost inflation, but competition could limit margin recovery.
Sudarshan Pharma shares | Stocks to buy today | Shares to buy today: Shares of Sudarshan Pharma Industries Ltd have been under selling pressure for two straight sessions. The small-cap stock under ₹50 is under the profit-booking trigger after a sharp rally for three days in a row. Sudarshan Pharma shares today opened upside at ₹39, close to the 52-week high of ₹42.79.
Deepak Nitrite share price surged as much as 9% in Friday's trading session after the company reported strong set of numbers during the September quarter results FY27 on Thursday. Deepak Nitrite shares opened at ₹1,580 per share on NSE today, as compared to previous close of ₹1,476 on Thursday and touched an intraday high of ₹1,615 apiece on 30 October. Deepak Nitrite posted a strong financial performance in the second quarter of FY27, with its net profit rising more than…
Shares of Equitas Small Finance Bank crashed nearly 12% during Friday’s intraday trading session, extending their losses for the second consecutive session. The sharp sell-off came despite the bank reporting a strong set of Q2 results for the second quarter of FY27. The Chennai-headquartered small finance bank reported a multifold increase in its net profit to ₹218.03 crore in the second quarter of FY27 against ₹24.13 crore reported in the year ago period.
Shares of National Aluminium Company (NALCO), a Navratna public sector undertaking (PSU), have delivered strong long-term returns despite coming under pressure in recent months. The stock has risen 242% in three years and 228% in five years, although it has declined 7% in one month, 9% in three months and 20.5% in six months. Over the past year, it has gained 33%.
Nifty 50: The Nifty 50 continued to surge for the second consecutive session on Friday, with IT, pharma and financial services stocks taking the lead. The benchmark index was up nearly 112 points during Friday’s intraday trading session, with Trent, IndiGo, HCL Tech, Infosys, Sun Pharma, Tech Mahindra, and TCS emerging as top gainers. While the 50-share benchmark has surged nearly 2.60% over the past five trading sessions and continued to hold on to its gains on Friday,…
India gold price, October 30: Gold price today saw steep correction as stronger-than-expected US inflation data and rising expectations of a December Fed rate hike reduced demand for non-yielding assets. The Multi Commodity Exchange (MCX) gold rate today fell below ₹1.43 lakh per 10 gram mark on Friday ahead of Diwali celebrations next week. Meanwhile, international gold prices fell to their lowest since mid-July as the precious metal headed for second straight monthly…
Anthropic IPO: Valuation expert Aswath Damodaran has valued Anthropic, the company behind the Claude artificial intelligence models, at $1.475 trillion, placing his estimate below the lower end of the widely discussed $1.5 trillion to $2 trillion range for its anticipated initial public offering (IPO). Damodaran’s valuation highlights the uncertainty surrounding the AI company's future, with its worth depending on revenue growth, profitability, computing capacity and its…
Even as IndiGo, the parent company of InterGlobe Aviation, extended its quarterly losses to a third consecutive quarter in September (Q2 FY27), its shares settled 4.33% higher at ₹4,877 apiece in Friday’s trade on October 30. Investors looked past the fuel-hit quarterly loss and focused on the airline’s efforts to protect profitability through fare hikes, capacity discipline and network optimisation. IndiGo, India’s largest airline, posted its third consecutive quarterly…
Shares of Amazon slumped 7.4% in US premarket trading on Friday, October 30, while Intel plunged 25%, as investors fretted over the tech giants’ massive cash burn on artificial intelligence (AI), accelerating a rotation out of the technology sector. The e-commerce and cloud giant reported higher-than-expected capital expenditure and slower growth in its online retail business. The company said it spent more than $77 billion on property and equipment in the third quarter,…
The Sensex ended a two-month losing streak in October, but crude above $110 and doubts over sustained foreign buying kept investors cautious.
The crash in silver prices deepened further in Friday’s trade, with the December delivery contract on the Multi Commodity Exchange (MCX) plunging another ₹10,577 per kg. The contract broke below the ₹1.80 lakh mark to hit the day’s low of ₹1,79,600 per kg. The white metal was last seen trading around these levels in December.
Dividend stocks alert: Shares of Colgate Palmolive (India), Pitti Engineering Limited, Route Mobile Limited, and Tanla Platforms Limited will remain in focus during Monday’s trading session because of their scheduled dividend record dates. These firms have fixed Monday, November 2, as the record date to determine the eligibility of shareholders for the payout. Which means that investors must own the stock before the record date to qualify for the payout.
(Updates to midafternoon trading, adds analyst comment) Indexes down: Dow 1.08%, S&P 500 2.08%, Nasdaq 3.37% Intel slides after reporting big cash burn Crypto firms slide after reports that hackers stole $6.3 billion from Binance By Stephen Culp and Purvi Agarwal NEW YORK, Oct 30 (Reuters) - US stocks tumbled on Friday, with the Nasdaq plunging to a three-month low following disappointing quarterly results from Intel and Amazon, which amplified growing fears surrounding…
A multi-fold jump in profits at China’s ChangXin Memory Technologies has triggered another round of selloffs in chip stocks in Friday’s trade on October 30, while disappointing earnings from Amazon and Intel have added to growth concerns on Wall Street. The losses were led by Intel, which plunged 30%, followed by Advanced Micro Devices (AMD) (12%), Qualcomm (12%), SanDisk (9.7%), Broadcom (5%), Nvidia (4.86%), Micron Technology (4%), and Amazon (2%). China’s ChangXin…
Shares of Reddit plunged 29% in Friday’s trade on October 30, falling to $91.30 apiece, after the social networking platform warned that user growth could weaken further in the fourth quarter as declining traffic from Google Search weighs on its audience. The warning overshadowed the company’s stronger-than-expected third-quarter results. If stock close at the same level, the decline could mark Reddit’s worst single day fall since its stock market debut in March 2024.
Reliance Industries and Jio Platforms are set to be in the spotlight on Monday after announcing their Q2 FY27 results, with investors assessing the earnings impact on both stocks. The results mark an important milestone for recently listed Jio Platforms, which has become the second-largest listed entity in the Reliance Group by market capitalisation, after Reliance Industries The market reaction on Monday will offer the first indication of how investors are evaluating the…
(Adds comments and monthly price moves) NEW YORK, Oct 30 (Reuters) - Raw sugar futures on ICE fell on Friday, as the Brazilian real weakened and the market consolidated following three consecutive sessions of gains linked to rains in top grower Brazil. Sugar posted a 9.8% gain in October. A weaker real encourages mills, farmers and exporters in Brazil to sell dollar-priced futures because it raises their returns in local currency terms.
Investors dumped big tech stocks following a slew of disappointing earnings, putting the Nasdaq 100 Index on course to enter its third technical correction of the year. The Nasdaq 100 fell as much as 4.5% on Friday to complete a more than 10% drop from its most recent peak. The latest round-trip ride for the tech-heavy gauge was preceded by a drop at the outbreak of the Iran war and a selloff in semiconductor stocks over the summer.
(Bloomberg) -- Arini Capital Management, which has been beset with losses this month, has gotten bids on some of its high-yield debt holdings from asset managers including Pacific Investment Management Co. and Oaktree Capital Management, according to people familiar with the matter. London-based Arini, founded by Hamza Lemssouguer, has already sold some of its positions in large speculative-grade companies and dealers are holding talks with prospective buyers about…
The CSI300 Index, which tracks China's blue-chip stocks, fell 0.4% to a one-year low by the lunch break. The Shanghai Composite Index declined 0.3%. In contrast, Hong Kong's benchmark Hang Seng Index gained 1.6%, supported by a rebound in technology majors.
The onshore yuan opened at 6.6600 per dollar and was trading at 6.6590 as of 0240 GMT, its strongest level since June 6, 2022. The currency was 22 pips firmer than its previous late-session close and has appreciated around 5% against the dollar so far this year. Read more: Global Market Today: Asian stocks slide as tech earnings disappoint, AI fears mount According to Reuters, exporters have continued converting their dollar holdings into yuan and increasing currency…
The central bank said underlying consumer price inflation had reached a level broadly consistent with its 2% price stability target and was expected to remain around that level. The milestone marks the first time the BoJ has formally confirmed that Japan's underlying inflation trend has achieved its long-standing objective, despite core inflation intermittently exceeding the target in recent years, AFP reported. Japan introduced the 2% inflation target in 2013 as part of…
Intel shares plunge over 20% Intel shares plunged more than 20% in after-hours trading on Thursday, October 29, after the chipmaker delivered a disappointing earnings outlook despite reporting strong revenue growth in the September quarter. Concerns over slowing PC demand, rising memory-chip prices and manufacturing bottlenecks weighed on investor sentiment. The selloff also raised fresh questions about the company's turnaround strategy. (Sources: The Wall Street Journal,…
While Alphabet and Amazon reported significant cash outflows in the September quarter, Intel issued a subdued outlook amid soaring prices and weak demand. The developments added to concerns that capital expenditure on AI infrastructure will remain elevated in the coming quarters. Alphabet shares plunged more than 13%, marking their worst-ever single-day performance and wiping out half a trillion dollars in market capitalisation.
While announcing the company’s Q2 results on Thursday, the lender also announced that it has received a letter from Vasudevan, conveying his intention to step down from his position to pursue certain personal and social initiatives. The shares of the company tumbled 12% after the announcement to close at Rs 57.17 apiece. Also read | Equitas Small Finance Bank chief PN Vasudevan plans exit over perceived conflict involving daughter's NBFC The stock is today extending…
Binance on Thursday said it is investigating reports of a potential security breach, while its founder said the incident “does look like a hack on Binance.” In a post on X, Binance announced that its initial investigation found that the incident may have arisen from a hacked laptop of a DevOps engineer, which allowed an attacker to gain access to a service container and submit unauthorised withdrawal transactions. Binance's initial investigation suggests that the security…
However, concerns are mounting that heavily indebted cloud infrastructure companies, known as neoclouds, could default and that the enormous spending on AI infrastructure may not generate sufficient returns. Against this backdrop, industry executives are highlighting their focus on creditworthy customers, long-term contracts and predictable rental income. Blue Owl co-Chief Executive Officer Marc Lipschultz said the company owns physical infrastructure critical to the…
The world's largest cryptocurrency, Bitcoin, dropped to $77,646 on Friday. Ether, which is the second-largest cryptocurrency, meanwhile dropped to a two-month low of $2,239. BNB, a token originally launched as Binance Coin to be used to pay Binance fees, crashed more than 8% over the past 24 hours at $694, Reuters cited data from CoinGecko.
Revenue from operations rose 21% to Rs 44,179 crore from Rs 36,553 crore a year earlier, driven by higher revenue from product sales. Total income also increased 21% year-on-year to Rs 46,833 crore from Rs 38,694 crore. Buy, sell or hold Coal India shares?
The stock pared some of its losses but continued to trade in the red. At 1:34 pm, Varun Beverages shares were trading at Rs 402.25, down 3.03% from the previous close. The decline came despite the company reporting strong growth in revenue, profitability and sales volumes, with higher packaging material costs weighing on margins during the quarter.
Business News›Markets›Stocks›Live Blog›Reliance Industries Q2 Results 2026 Live: RIL Q2 profit jumps 41% YoY to Rs 25,548 crore; co posts highest-ever quarterly revenue; Jio ARPU rises to Rs 218.8 LIVE BLOG Reliance Industries Q2 Results Live Update Synopsis RIL & Jio Platforms Q2 Results Live: Mukesh Ambani-led Reliance Industries reported a 41% YoY rise in consolidated net profit, with revenue from operations climbing 29% to Rs 3.32 lakh crore, its highest-ever…
HDFC Bank topped the list with FII holdings worth $54.3 billion, followed by ICICI Bank at $50.1 billion. Reliance Industries accounted for $30 billion, Bharti Airtel $29.2 billion and Axis Bank $16.4 billion. In terms of sectoral allocation, banking, financial services and insurance (BFSI), including banks, capital markets, insurance and NBFCs, remained the largest exposure for FIIs in the Nifty 500 at 33.1% as of September 2026.
Revenue from operations increased 12% to Rs 16,199 crore from Rs 14,478 crore a year earlier, supported by strong growth in its domestic formulations business and emerging markets. Excluding exceptional items, adjusted net profit rose 1% YoY to Rs 3,162 crore from Rs 3,118 crore. On a sequential basis, reported net profit declined 31% from Rs 2,895 crore in the June quarter, while revenue increased 6% from Rs 15,300 crore.
Amazon.com shares dropped 7.2% in premarket trading after the e-commerce giant reported a significant cash outflow in the third quarter and indicated that capital expenditure would rise further next year. The outlook added to investor concerns about the scale of investments required to expand AI infrastructure and the time needed to generate meaningful returns. Read more: South Korean stocks tumble over 5% as AI spending concerns hit chipmakers The shift in investor…
Forex traders said both the currency and the bond market found additional support from softer crude oil prices and the central bank's intervention. At the interbank foreign exchange market, the rupee opened at 95.21, then gained ground and touched an intraday high of 94.94 and a low of 95.28 against the American currency and finally closed at 94.93 (provisional), registering a gain of 33 paise over its last close. On Thursday, the rupee consolidated in a narrow range and…
During the quarter, the company recorded 6.4% volume growth and 14.5% value growth in its decorative paints business. The company’s bottom line for the quarter rose to Rs 1,067.6 crore from Rs 993.6 crore a year ago, while consolidated net sales grew to Rs 9,953.9 crore from Rs 8,513.7 crore. Profit before depreciation, interest, tax and other income (PBDIT) rose by 3.6% to Rs 1,557.1 crore from Rs 1,503.4 crore a year ago.
Sensex jumped 308 points to close at nearly 74,460 while Nifty 50 gained 116 points to end the session at 23,053 on Friday. This came even as broader markets crashed, with Nifty Midcap 100 and Nifty Smallcap 250 indices dropping up to 2%. Trent and IndiGo shares soared up to 5% to lead gains on Sensex following their Q2 earnings announcements.
High year-on-year (YoY) growth in quarterly net profit indicates a significant improvement in a company's profitability compared with the corresponding quarter last year. Based on the latest September 2026 quarter results announced so far, data from StockEdge's profitability scan shows that, among NSE Midcap companies, the top 8 recorded more than 100% YoY growth in quarterly net profit in Q2FY27. The company reported an 1,840% year-on-year surge in net profit to Rs 80…
The company had earned a profit after tax of Rs 933.52 crore in the year-ago period. Its revenue from operations rose to Rs 14,003 crore in July-September quarter of FY27 from Rs 10,595 crore a year earlier, Aditya Birla Capital said in a stock exchange filing. The overall lending assets under management (AUM), comprising non-banking financial company (NBFC) and housing finance businesses, increased 32 per cent year-on-year and 7 per cent sequentially to Rs 2.34 lakh…
The Nifty 50 advanced 116.35 points, or 0.51%, to settle at 23,053.10, while the BSE Sensex climbed 308.49 points, or 0.42%, to close at 74,459.53. Broader markets, however, remained under pressure, with the Nifty Midcap 100 and Nifty Smallcap 250 indices declining by up to 2%, indicating sustained selling in the broader market. On the sectoral front, Nifty IT rallied over 2% to lead gains among the sectoral indices as a sharp drop in global tech giants, including…
In an exchange filing on October 30, Axis Bank said Sebi had passed the final order on October 28, 2026, against its subsidiary. In the order, Sebi noted that no allegation of harm to investors or default by fraudulent design had been brought on record. The disclosure was made in continuation of the bank's November 27, 2024, communication concerning Sebi's confirmatory order dated November 26, 2024.
Business News›Markets›US Stocks›Wall St Guide›US Stock Market Highlights: Dow Jones crashes 500 pts, Nasdaq over 2.5% as AI cash burn fears spark tech selloff LIVE BLOG Stock Market Today Highlights Synopsis Dow Jones | Nasdaq | Stock Market Highlights: US stocks tumble as disappointing results from Intel and Amazon deepen concerns over rising AI spending and uncertain returns. The Nasdaq suffers its biggest single-day percentage drop since June 5, while the S&P 500 and…
Net interest income (NII), the difference between interest earned and interest paid, for the quarter increased 9% YoY to Rs 13,026 crore, while non-interest income surged 95.8% YoY to Rs 6,881 crore. For H1FY27, NII stood at Rs 25,551 crore, up 9.2% YoY, while non-interest income increased 26.4% to Rs 10,351 crore. The bank's operating profit rose 50.9% YoY to Rs 11,430 crore in Q2FY27.
Benchmark Sensex climbed 308 points to settle at 74,459. Riding the market rally, six stocks from the BSE 200 index hit fresh 52-week highs, touching their highest price levels in the past 12 months. A 52-week high represents the highest price at which a stock has traded over the last year and may indicate heightened market activity and investor interest.
ET, the Dow Jones Industrial Average was down 0.39% at 52,139.41, while the S&P; 500 fell 1.22% to 7,626.38. The Nasdaq Composite declined 2.21% to 25,606.33. The selloff reflected growing investor scrutiny of Big Tech's spending commitments, particularly as companies increasingly rely on debt to finance their expansion.
The company's revenue from operations rose 53.2% YoY to Rs 938.2 crore in Q2FY27, from Rs 612.3 crore reported in Q2FY26. On the cost front, the company's total expenses increased 59% YoY to Rs 876.03 crore in Q2FY27, compared with Rs 551 crore reported in the corresponding quarter of the previous financial year. NTPC Green Energy's Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 56.6% YoY to Rs 830 crore, compared with Rs 530 crore in…
An analysis of 15 high-yielding stocks with market capitalisations exceeding $5 billion shows that Annaly Capital Management and AGNC Investment lead the list with dividend yields of 16.24% and 16.09%, respectively. Several financial companies offer double-digit yields, while energy partnerships, real estate investment trusts and consumer businesses also feature among the biggest dividend payers. The contrast comes as US equities head towards the end of a volatile but…
The benchmark 6.94% 2036 bond yield rose 2.5 basis points to 7.4139%, advancing 22.5 bps in October. Bond yields move inversely to prices. Brent crude is poised for a fourth monthly advance, up nearly 14% in October, clouding the economic outlook for the world's third-largest oil importer.
In an exchange filing, the Mukesh Ambani-led company said its board had approved an enabling resolution authorising the issuance of listed, secured or unsecured, redeemable non-convertible debentures worth up to Rs 15,000 crore. The proposed issuance will be undertaken in one or more tranches through the private placement route. Reliance Industries has approved plans to raise up to Rs 15,000 crore through non-convertible debentures via private placement.
Revenue from operations rose 29% to Rs 3.32 lakh crore from Rs 2.58 lakh crore a year ago. The company's board has also passed an enabling resolution authorising the issuance of non-convertible debentures of up to Rs 15,000 crore in one or more tranches, on a private placement basis. Also Read: Jio Platforms Q2 Results: Profit rises 14% YoY to Rs 8,389 crore; revenue up 11% "During the second quarter, our businesses delivered a strong performance despite a complex…
Revenue from operations increased 11% to Rs 40,475 crore from Rs 36,332 crore a year earlier. On a sequential basis, profit rose 8% from Rs 7,765 crore posted in the preceding June quarter, while revenue rose 3% quarter-on-quarter. Jio's quarterly results mark the first earnings announcement after its October 28 stock market debut.
Net profit increased to Rs 6532 crore in the quarter ended September from Rs 4809 crore a year ago mainly as non-interest income almost doubled to Rs 6881 crore in September 2026 from Rs 3515 crore a year ago. The bank earned Rs 1340 crore from the sale of its partial stake in NSE in September. The gains from the NSE stake together with a 48% jump in recovery from written off accounts made up for a 9% drop in fee base income during the year.
On a sequential basis, net profit declined 6.9% from Rs 2,805 crore reported in Q1FY27. The company's gross revenue, however, increased 6.4% YoY to Rs 91,716 crore in Q2FY27, compared with Rs 86,169 crore in the year-ago period. The growth came despite the absence of major festive occasions during the quarter, with the festive calendar shifting to the December quarter.
EBITDA for the quarter declined 52% to Rs 71 crore, as higher programming, advertising and promotional expenditure weighed on profitability. EBITDA margin contracted to 3.2% from 7.4% in the corresponding quarter last year. Total expenditure rose 18% to Rs 2,154 crore during the quarter.
The standalone net profit for the quarter under review, which reflects the earnings from microfinance operation, stood at Rs 35 crore against Rs 218 crore loss in the corresponding period last year. The consolidated pre-provision operating profit stood at Rs 79 crore against a Rs 40 crore loss in the year-ago quarter. The asset under management for the group grew 31% year-on-year to Rs 5364 crore at the end of September.
Reddit stock plunged 29.45% to $91.51, having hit a low of $89.28 earlier in the day. Reddit said its total daily active unique visitors could decline by a low double digit percentage in the fourth quarter from around 130 million if referral traffic continues to weaken. The warning added to pressure on the stock, which had already fallen about 44% this year through Thursday's close.
Intel stock was trading at $64.54, down 29.9%, after having fallen to a low of $64.11 earlier in the day. The weakness extended beyond Intel, with shares of Advanced Micro Devices, Arm Holdings, Qualcomm, Nvidia, Broadcom and Micron falling between 2% and 9% in premarket trading. The selloff also hit companies supplying equipment and infrastructure to the semiconductor industry, reflecting growing investor caution over the AI investment cycle.
Consolidated revenue rose 73.2% to Rs 1,999.5 crore from Rs 1,154.6 crore a year earlier, marking the company's highest-ever quarterly revenue, it said. EBITDA increased 63.9% to Rs 203.1 crore, although operating margins moderated to 10.2% from 10.7%. Sequentially, revenue increased 24.7% from Rs 1,603.7 crore in the June quarter, while net profit rose 17.5% from Rs 105.7 crore.
The S&P; 500 tumbled 1.8% for its worst day since June, and it closed out a third straight losing week. The weakness for technology stocks dragged the Nasdaq composite down a market-leading 2.9%, while the Dow Jones Industrial Average dropped 572 points, or 1.1%. The U.S. stock market remains only 3.1% below its all-time high, which has boosted the value of workers' 401(k) accounts, but it's become increasingly shaky as Tuesday's midterm elections in the United States…
All three major US stock indexes ended lower, with technology stocks bearing the brunt of the selling pressure. The weakness followed earnings reports from Intel and Amazon released late Thursday, which failed to satisfy investor expectations and revived concerns about the financial burden of building AI infrastructure. S&P; 500 lost 139.30 points, or 1.80%, to end at 7,580.21 points, while the Nasdaq Composite lost 747.73 points, or 2.84%, to 25,440.68.
The index has declined more than 5.8% so far in October as enthusiasm around AI investments has weakened. Major cloud infrastructure providers, including Meta Platforms, Alphabet and Amazon.com, have further increased their spending projections as they compete to expand their AI infrastructure. The loss would be slightly higher than the entire market capitalisation of SpaceX.
Published OnOct 30, 2026 | 12:43 IST - Last Updated OnOct 30, 2026 | 12:46 IST With the fall seen by shares of eClerx this week, the stock has slipped below all of its key moving averages. The 200-Day Moving Average is now at ₹1,743, from which the stock is now significantly below. Shares of eClerx Services Ltd. are down another 8% on Friday, October 30, extending their losses from Thursday's 11% fall.
Published OnOct 30, 2026 | 12:45 IST - Last Updated OnOct 30, 2026 | 12:45 IST The CEM business recorded year-on-year growth of approximately 50.03%, while the CRAMS vertical expanded by around 23.91%. Together, these two segments accounted for 65.97% of the company's total revenue during the quarter. Aether Industries Ltd. reported a healthy set of results for the September quarter of FY27 on Friday, October 30, with revenue and profitability registering year-on-year growth.
Edited byalphadesk - Published OnOct 30, 2026 | 12:31 IST - Last Updated OnOct 30, 2026 | 12:31 IST Bajaj AMC CIO Nimesh Chandan explains why large private banks look attractive, why investors should remain cautious on IT and NBFC stocks, and where he sees opportunities in quick commerce and capital market companies. Nimesh Chandan, Chief Investment Officer at Bajaj Asset Management favours large private banks over non-banking financial companies (NBFCs) and prefers to…
Published OnOct 30, 2026 | 12:30 IST - Last Updated OnOct 30, 2026 | 12:58 IST Strong international volume expansion and higher realisations drove revenue growth, even as elevated packaging costs weighed on operating margins. Find out how upcoming African acquisitions and new product lines will impact future profitability. Shares of Varun Beverages Ltd. fell about 3.5% on Friday, October 30, after the company reported a 14% year-on-year (YoY) increase in consolidated net…
Published OnOct 30, 2026 | 13:21 IST - Last Updated OnOct 30, 2026 | 13:21 IST At the operating level, EBITDA increased to ₹191 crore from ₹69.4 crore a year ago. The EBITDA margin also improved to 21%, compared with 13% in the September quarter of the previous financial year. Gujarat Mineral Development Corporation (GMDC) reported a mixed set of results for the September quarter of FY27 on Friday, October 30, with revenue registering strong year-on-year growth even as…
Published OnOct 30, 2026 | 14:23 IST - Last Updated OnOct 30, 2026 | 14:30 IST While Sun Pharma's margins narrowed from the same quarter last year, they turned out to be better than what the street had feared, as did India's largest drugmakers' revenue and EBITDA. India's largest Pharmaceuticals company Sun Pharma Ltd. reported its September quarter results on Friday, October 30, which were higher in comparison with analyst expectations. The stock gained as much as 3.5%…
Published OnOct 30, 2026 | 14:07 IST - Last Updated OnOct 30, 2026 | 14:07 IST Robust government advertising and strong content studio traction drove revenue higher despite a sharp contraction in broader corporate ad demand and ongoing television viewership rating suspensions. The firm swung to an operating profit while narrowing net losses. Discover how management plans to offset persistent industry headwinds in the coming quarters.
Published OnOct 30, 2026 | 13:21 IST - Last Updated OnOct 30, 2026 | 13:21 IST Oswal Pumps will supply and install 10,000 off-grid solar water pumping systems across Maharashtra within 60 days. The stock has fallen over 61% year-to-date despite securing a repeat order from MSEDCL. The shares of Oswal Pumps continued to trade in the red on Friday, October 30, despite the company bagging an additional order from the Maharashtra State Electricity Distribution Company Limited…
Published OnOct 30, 2026 | 14:30 IST - Last Updated OnOct 30, 2026 | 14:30 IST At the operating level, the company reported EBITDA of ₹547.6 crore for the quarter. Its EBITDA margin expanded to 30.5% from 24.2% in the corresponding period last year. Shares of Ajanta Pharma Ltd. were trading higher on Friday, October 30, after the pharmaceutical company reported a strong set of results for the September quarter of FY27, with net profit and revenue registering healthy…
Edited byalphadesk - Published OnOct 30, 2026 | 14:45 IST - Last Updated OnOct 30, 2026 | 14:45 IST Motilal Oswal Financial Services Chairman and Co-Founder Raamdeo Agrawal said strong corporate earnings and lower market valuations could support a recovery in Indian equities. However, he believes uncertainty around the rupee and geopolitical developments is keeping FIIs on the sidelines. Strong corporate earnings and reasonable valuations could set the stage for a market…
Published OnOct 30, 2026 | 14:40 IST - Last Updated OnOct 30, 2026 | 14:40 IST A collapse in net debt to multi-year lows sets up potential share buyback restarts for the energy major as refining margins soar amid global trade disruptions. Find out how management plans to balance shareholder payouts against anticipated production dips. BP Plc said profit surged to the highest in 18 years as soaring refining margins boosted earnings, while a sharp drop in net debt moved the…
Published OnOct 30, 2026 | 14:39 IST - Last Updated OnOct 30, 2026 | 14:39 IST A shift in the festive calendar delayed large-store dispatches, while rising fabric costs squeezed operational margins. Management plans to offset raw material inflation through calibrated pricing actions while accelerating larger-format store expansion. Discover how early festive demand is shaping third-quarter momentum.
Published OnOct 30, 2026 | 15:51 IST - Last Updated OnOct 30, 2026 | 15:51 IST Revenue surged significantly alongside wider operating margins, driven by robust demand across business segments as the specialty chemical maker announced an interim payout. Find out how upcoming capital investments will sustain this growth trajectory. Shares of Navin Fluorine International rose over 5.5% on Friday, October 30, after the company reported a strong set of results for the…
Published OnOct 30, 2026 | 15:41 IST - Last Updated OnOct 30, 2026 | 15:47 IST Information technology heavyweights drove a broader market recovery, while select chemical and manufacturing counters surged on strong quarterly earnings. Meanwhile, lenders and midcaps underperformed alongside sharp losses in Suzlon following a guidance cut. See which sectors are expected to drive momentum next week.
Published OnOct 30, 2026 | 15:36 IST - Last Updated OnOct 30, 2026 | 15:36 IST Gold and silver prices declined on the MCX and international markets on Friday, tracking US inflation concerns and expectations of tighter monetary policy by the Federal Reserve. Gold and silver prices declined on the Multi Commodity Exchange (MCX) on Friday, October 30, tracking weakness in international bullion markets amid concerns over persistent US inflation and expectations of tighter…
Published OnOct 30, 2026 | 16:25 IST - Last Updated OnOct 30, 2026 | 16:25 IST Lower fuel surcharges and scheduled furnace repairs squeezed operational margins despite a significant surge in quarterly net profit. Management anticipates earnings to rebound as production scales and selling prices recover. Find out how the upcoming capacity expansion will impact import dependence.
Published OnOct 30, 2026 | 16:01 IST - Last Updated OnOct 30, 2026 | 16:01 IST State-run power generator SJVN is streamlining its corporate structure by absorbing its thermal subsidiary to eliminate administrative overlaps and cut compliance costs. The consolidation follows a strong quarter marked by more than doubled net profits and surging revenues. Discover how this internal restructuring will impact future project execution.
Published OnOct 30, 2026 | 14:03 IST - Last Updated OnOct 30, 2026 | 16:01 IST Intellect Design Arena shares tumbled as net profit growth lagged behind a double-digit rise in operating revenue. Meanwhile, the enterprise software maker secured dozens of new customer wins and accelerated project deliveries through its newly launched artificial intelligence engineering platform. Discover how management plans to reignite margin expansion amid mounting stock pressures.
Edited byAjay Vaishnav - Published OnOct 30, 2026 | 17:07 IST - Last Updated OnOct 30, 2026 | 17:07 IST Jitendra Sriram says foreign investor positioning and continued outflows are weighing on private sector banks despite healthy operating metrics. He also sees improving traction in CDMOs and fluorochemicals, while technology stocks face mixed signals and Reliance Industries awaits a market re-rating. Private sector banks could offer an investment opportunity despite…
Edited byHormaz Fatakia - Published OnOct 30, 2026 | 16:47 IST - Last Updated OnOct 30, 2026 | 16:48 IST TTK Healthcare shares tumbled sharply as core operational profitability contracted despite a multi-fold surge in net profit driven by a massive brand divestment to Wipro Enterprises. While protective devices staged a strong turnaround, consumer product losses weighed on performance. Find out how management plans to offset core earnings pressures going forward.
Published OnOct 30, 2026 | 18:18 IST - Last Updated OnOct 30, 2026 | 18:18 IST Robust domestic demand and surging international orders propelled a sharp operational turnaround for the manufacturer, supported by multi-segment contract wins and expanded capacity. Management also raised its financial commitment to a key rail joint venture. Discover how analysts view its valuation following recent share price declines.
Edited byJuviraj Anchil - Published OnOct 30, 2026 | 12:37 IST - Last Updated OnOct 30, 2026 | 18:16 IST Walmart has launched a probe following whistleblower complaints alleging that employees in Flipkart's smartphone and luggage divisions received kickbacks of more than ₹150 crore. The investigation is ongoing, with the US retail giant yet to determine the full extent of the alleged wrongdoing. Indian e-commerce giant Flipkart is under the scanner.
Published OnOct 30, 2026 | 17:19 IST - Last Updated OnOct 30, 2026 | 17:19 IST Surging customer demand and new vehicle launches fueled strong revenue and profit growth for the wiring specialist, even as elevated copper prices and inflation compressed operating margins. Find out how management plans to protect profitability against rising commodity costs. Motherson Sumi Wiring India reported a 35.1% year-on-year rise in net profit to ₹223.37 crore for the second quarter of…
Published OnOct 30, 2026 | 19:21 IST - Last Updated OnOct 30, 2026 | 19:21 IST Robust demand across automotive, consumer, and healthcare sectors powered a near-doubling of quarterly profit, alongside a sharp rise in export volumes. Management successfully streamlined working capital and generated positive operating cash flow despite component constraints. Find out how the upcoming printed circuit board project will shape long-term margins.
Published OnOct 30, 2026 | 17:13 IST - Last Updated OnOct 30, 2026 | 19:18 IST US stocks opened sharply lower on Friday, driven by a tech sell-off as disappointing earnings from Amazon and Intel renewed concerns over massive AI spending. US stocks opened sharply lower on Friday, October 30, with technology shares leading the decline as disappointing earnings from Amazon and Intel renewed concerns over Big Tech's massive spending on artificial intelligence (AI). The…
Published OnOct 30, 2026 | 18:51 IST - Last Updated OnOct 30, 2026 | 18:51 IST NTPC Green Energy reported a 56.2% rise in Q2 net profit to ₹137.5 crore, driven by a 53.2% increase in revenue. Discover the key financial highlights. NTPC Green Energy reported a 56.2% year-on-year (YoY) increase in consolidated net profit to ₹137.5 crore for the quarter ended September 30, 2026, compared with ₹88 crore in the corresponding quarter last year.
Published OnOct 30, 2026 | 19:59 IST - Last Updated OnOct 30, 2026 | 21:16 IST A stellar oil-to-chemicals performance and record Jio Platforms earnings powered the conglomerate's sharp profit acceleration, even as retail margins softened due to festive calendar shifts. Discover how management plans to sustain capital allocation across its expanding energy and digital verticals. Reliance Industries (RIL) Q2 results: RIL delivered its strongest-ever quarterly performance in…
Published OnOct 30, 2026 | 19:57 IST - Last Updated OnOct 30, 2026 | 19:59 IST Reliance Retail reported 6.4% YoY growth in Q2 gross revenue to ₹91,716 crore, with customer transactions rising 7%. JioMart recorded strong 42% revenue growth, while the retailer added 303 new stores during the quarter. Reliance Retail Ventures (RRVL), the retail arm of Reliance Industries, reported a 6.4% year-on-year (YoY) increase in gross revenue to ₹91,716 crore in the September quarter,…
Published OnOct 30, 2026 | 19:23 IST - Last Updated OnOct 30, 2026 | 19:23 IST Foreign investors shifted to strong net buyers while domestic funds offloaded equities, pushing benchmark indices higher for a second consecutive session. Individual stock movements diverged sharply, driven by quarterly earnings surprises and leadership changes. Find out which sectors are driving the underlying market breadth.
Reliance Industries Q2 Results Highlights: The Oil and Gas business reported revenue of ₹6,020 crore, compared with ₹6,298 crore in the previous quarter and ₹6,058 crore in the year-ago period. EBITDA stood at ₹4,901 crore, against ₹4,973 crore sequentially and ₹5,002 crore year-on-year. EBITDA margin was 81.4%, compared with 79% in the previous quarter and 82.6% in the corresponding quarter las Consolidated revenue rose to ₹3.62 lakh crore from ₹3.40 lakh crore…
Q2 Results Highlights: Reliance Industries will be the result of the day to track. Numbers will be reported after market hours. Sun Pharma, BEL, Bank of Baroda, Dixon Tech, Delhivery, and others will also report results today.
Published OnOct 30, 2026 | 21:46 IST - Last Updated OnOct 30, 2026 | 21:46 IST Commercial office income surged sharply, driven by higher occupancy rates and tenant move-ins across Mumbai and Pune assets, lifting overall operational margins. Meanwhile, residential sales saw steady collections during the quarter. Find out how management plans to fund its upcoming 2030 growth roadmap using existing land parcels.
By:Navneet SinghOctober 30, 2026 | 21:26 IST - Published OnOct 30, 2026 | 21:26 IST - Last Updated OnOct 30, 2026 | 21:26 IST AI Summary Juniper Green Energy expanded its operational margins alongside double-digit revenue growth driven by strong power generation, even as sequential net profit dipped slightly amid higher expenses. Find out how management plans to sustain this margin momentum in the upcoming quarters. Juniper Green Energy reported an 18.6%…
Published OnOct 30, 2026 | 17:07 IST - Last Updated OnOct 30, 2026 | 23:11 IST Strong non-interest income growth and healthier loan asset quality drove operating profit higher, even as provisioning expenses nearly doubled during the quarter. Discover how management plans to sustain deposit mobilization and maintain margins amid shifting liquidity. State-owned lender Bank of Baroda Ltd on Friday (October 30) reported its highest-ever quarterly net profit of ₹6,532 crore…
Published OnOct 30, 2026 | 16:04 IST - Last Updated OnOct 30, 2026 | 23:07 IST Operating margins compressed sharply as higher input costs weighed on quarterly earnings, prompting management to commit a multi-billion rupee investment toward greenfield specialty chemical facilities. Will this aggressive capacity expansion successfully revive revenue growth over the next two years? Specialty chemical company Vinati Organics Ltd on Friday (October 30) reported a 28.1%…
Published OnOct 30, 2026 | 22:55 IST - Last Updated OnOct 30, 2026 | 23:04 IST Quess Corp expanded its workforce past half a million employees, fueled by massive staffing additions and surging cash collections. The staffing firm posted a strong profit jump alongside a steady interim dividend payout. Discover how the construction vertical achieved double-digit margin growth despite global headwinds.
Published OnOct 30, 2026 | 18:49 IST - Last Updated OnOct 30, 2026 | 23:13 IST Surging new health and term insurance premiums alongside robust core renewal revenue propelled PB Fintech's quarterly net profit upward, while operating margins expanded significantly. Discover how management plans to sustain this momentum despite regulatory headwinds. PB Fintech Ltd, the parent of Policybazaar and Paisabazaar, on Friday (October 30) reported a 42.7% year-on-year (YoY) increase…
Published OnOct 30, 2026 | 17:52 IST - Last Updated OnOct 30, 2026 | 23:13 IST Surging top-line growth failed to shield profitability as operational margins contracted, though overall revenue and earnings beat street expectations. Discover how management plans to lift margins and drive future capital expenditure. Electronics manufacturing services company Dixon Technologies India Ltd on Friday (October 30) reported a 48.7% year-on-year decline in net profit to ₹343.7…
Published OnOct 30, 2026 | 16:47 IST - Last Updated OnOct 30, 2026 | 23:11 IST A sharp rebound in operational profitability helped the state-owned refiner swing from a previous quarter loss to a massive net profit, supported by a significant expansion in core margins even as revenue softened slightly. Discover how refining margins and inventory valuation changes drove this dramatic earnings turnaround. State-owned Indian Oil Corporation Ltd (IOC) on Friday (October 30)…
Published OnOct 30, 2026 | 23:43 IST - Last Updated OnOct 30, 2026 | 23:43 IST The drug maker is addressing multiple regulatory findings at its key Hyderabad plant after a recent inspection, though operations remain uninterrupted. Meanwhile, the firm is expanding its international footprint by establishing a new manufacturing and distribution subsidiary in Brazil. Discover how management plans to resolve these specific compliance observations.
Published OnOct 30, 2026 | 23:40 IST - Last Updated OnOct 30, 2026 | 23:40 IST Surging demand fueled double-digit volume expansion and revenue growth for the manufacturer, yet climbing input expenses eroded operating margins. Despite holding a substantial cash reserves buffer, profitability faced minor headwinds over the quarter. Discover how management plans to protect margins against rising raw material volatility.
Published OnOct 30, 2026 | 21:15 IST - Last Updated OnOct 30, 2026 | 23:16 IST Domestic hospital margins grew due to higher patient volumes, more international visitors, and complex procedures. Caribbean operations surged, while the UK faced integration costs. Analysts question if domestic momentum can be sustained amid a massive bed expansion pipeline.
Published OnOct 31, 2026 | 01:27 IST - Last Updated OnOct 31, 2026 | 01:27 IST US gold futures for December delivery settled 3.3% lower at $3,898.90 per ounce. Gold prices hit a one-year low on Friday while silver, platinum and palladium slid deep into technically oversold territory, as tech shares slumped amid worries that AI spending may not deliver sufficient returns. Spot gold fell 3.5% to $3,880.97 an ounce by 2:13 p.m.
Published OnOct 30, 2026 | 23:56 IST - Last Updated OnOct 30, 2026 | 23:58 IST Strong parcel volumes and surging operational efficiency drove the logistics major to post a record quarterly revenue milestone alongside a nearly tripled operating profit. Management credits early technology integrations and automation for strengthening margins despite inflationary pressures. Find out how the company plans to sustain this momentum through the upcoming festive season.
The fund would focus on high-growth mid-market businesses across energy, mobility and manufacturing, with scale-up capital of ₹ 100–500 crore for enterprises with revenue between ₹200 and 2,000 crore, says One Planet Partners, an India-focused private equity firm
According to forex traders, sustained inflows and an easing of the oil import burden would provide a stronger foundation for rupee appreciation
BCG analysis has identified 40 distinct Applied AI roles, each linked to an existing technology role. A data scientist or full-stack developer can grow into a forward-deployed engineer, a DevOps engineer into an AI Ops engineer, and a data engineer into a semantic engineer
The term cyber hygiene, the first line of defence against cybercrime, increasingly got into the vocabulary after financial institutions and public bodies suffered serious security scares
‘I took that question to the Lok Sabha. I asked why a profitable public bank was being sold and how its employees and depositors would be protected. The government gave no reason.
Operations & Engineering grew 26.9% in the September quarter, against 3.5% growth in Applications & Technology; acquisitions and demand for AI-led business transformation support performance
Company reports 25% revenue growth, but quarterly infrastructure spending crosses $51 billion; lower advertising revenue from AI-powered Search queries adds to concerns
The stock of the country's second most valuable firm by market capitalisation jumped 27.89% to ₹1,431.20 from the issue price of ₹1,119 on the BSE
Miele estimates that India’s premium appliance market could grow into a ₹2,500-crore category over the next five years.
The O2C business emerged as a key growth driver, with revenue surging 44.2% YoY, reflecting a sharp rise in crude and product price.
Asset quality improved, with gross non-performing assets (GNPA) declining to 1.78% from 2.16% a year ago.
Indian Oil’s gross refining margins, after subtracting for special additional excise duty (SAED), during the reported quarter stood at $18.52 per barrel.
Government data shows that India’s oil sourcing remains highly concentrated, with just Russia and the UAE accounting for 60% of oil imports
Profit before taxes of their natural gas marketing business rose more than two-and-half times during the quarter.
Unresolved grievances a concern, around 2.21 lakh cases pending as on March 31 before Consumer Commissions and judicial courts with 72.49% of them for more than a year, says the regulator
India’s drug quality standards have come under increased scrutiny at home and overseas in recent years after locally made cough syrups were linked to the deaths of children in India and also in countries including Gambia and Uzbekistan
Report says the country saw one of the fastest reductions in poverty in the world; extreme poverty fell to 2.6% in 2023 from 27.1% in 2011, driven by government transfers and rising employment
In a notification issued on October 30, the Finance Ministry said the exemption, which had been granted in May this year, will continue until October 31
The chief executive stepped down following the outdoor retailer’s go-private deal. Meanwhile, the agency has been focused on how retailers set prices.
Andy Jassy spoke in depth about AWS and AI during a Q3 earnings call, but reiterated the importance of the company’s store progress.
A bipartisan deal to speed energy development is facing concerns it could favor natural gas over renewables because of President Trump's opposition to wind and solar. Why it matters: The worries from Rep. Sean Casten (D-Ill.) could complicate efforts to pass the bill before year's end, highlighting divisions even among Democrats who have long supported permitting reform.
The people at the frontlines of the ongoing barrage of AI-enabled cyberattacks are being pummeled with attacks, vulnerabilities and false alarms. Why it matters: Humans are still at the frontlines of a fight enabled largely by AI — and they're struggling to wade through mountains of threat data to determine who's been hit and which attacks pose a real danger to companies. What they're saying: "The last month has been the longest year of my life," Justin Timothy, threat…
Democrats weighing 2028 presidential bids are piling onto the AI hate wave in their messaging, per an analysis shared exclusively with Axios. Why it matters: Democrats are turning AI anxiety into a political rallying cry ahead of 2028, while Republicans remain divided over how to respond. Driving the news: 2028 contenders including Gavin Newsom, Alexandria Ocasio-Cortez, Kamala Harris, Pete Buttigieg, Jon Ossoff and more have all increased their AI commentary in recent…
President Trump's energy policies and investment deals could become major targets of Democratic investigations if the party wins control of either chamber of Congress. Why it matters: Congressional probes could expose new details about the administration's dealings with major companies and foreign governments. What they're saying: House Democrats are likely to take a "shotgun" approach of "throwing everything out there and then seeing what sticks in the realm of popular…
America's corporate titans greeted President Trump's 2024 victory with open checkbooks, 12-figure investment pledges and fawning tributes to his coming "Golden Age." Two years later, on the eve of a potential blue wave, Democrats are preparing to greet those same executives with a stack of subpoenas. Why it matters: The CEOs who staked their reputations and fortunes on MAGA's staying power could spend the final two years of Trump's presidency defending their dealings…
The U.S. naval blockade, sweeping economic sanctions and obstruction of overland export routes have crippled Iran's economy and intensified pressure on the regime, according to a new Treasury Department report obtained by Axios. Why it matters: Treasury Secretary Scott Bessent, who is leading an economic pressure campaign dubbed "Operation Economic Outcast," is one of Trump's closest aides urging him to let the initiative play out rather than rush back into combat. Though…
The Justice Department is investigating the Arizona voter registration efforts of three Democratic-aligned groups after an "undercover" video purported to show volunteers willing to register non-citizens. Why it matters: The Friday announcement comes four days before the Nov. 3 election, and nearly a month after Arizona's registration deadline passed, timing one Republican former elections official says could sow unnecessary doubt about the results.
The one where a guy compared a Trump rally to the 1978 Jonestown massacre while he was live on Fox News. "Wait, the Jonestown massacre?" Fox correspondent Lucas Tomlinson asked. "There's nothing like seeing a cult right up front, man," the interviewee responded.
Deep distrust is complicating peace efforts between the US and Iran — and many inside the Trump administration are skeptical that a deal can be reached. “We’ve seen this movie before,” one administration official said. “There’s not a lot of trust on either side.” Some, like US Ambassador to Türkiye Tom Barrack, feel optimistic about a possible deal.
The Next 3 Billion On Tour | Watch Live at 3:00 p.m. SAST With one of Africa’s most developed financial systems and highest rates of account ownership, South Africa offers an important case study in how established financial infrastructure can support broader economic opportunity. Through conversations on instant payments, digital banking, open finance, and financial innovation, Semafor will convene policymakers, business leaders, and innovators to examine how financial…
A stalemate in the conflict between Rwanda and the Democratic Republic of Congo is raising fresh doubts about the Trump administration’s ability to influence it. The US imposed sanctions on Rwanda’s Ministry of Defense and a bank serving its security services earlier this week, accusing Kigali of backing and fighting alongside M23 rebels in eastern Congo nearly a year after US President Donald Trump declared the war over. “It will continue raising questions about US…
The CEO Signal Any interference in next week’s US midterm elections should be a “red line” that prompts business leaders to rally behind American democratic norms, Ken Chenault is warning his peers. But the influential chairman of venture capital firm General Catalyst worries that some leaders have lost sight of where to draw such lines, as they’ve retreated from a social responsibility agenda they espoused just a few years ago. Chenault, who was one of the first Black…
READING, Penn. — Both parties expect Pennsylvania Democratic Gov. Josh Shapiro to win reelection next week, and he’s barnstorming his state to give his party a governing trifecta for the first time in 34 years. Shapiro told Semafor that he’ll be focused on passing a few specific items if his party wins full control of the government — not a parade of progressive bills, as Democrats in some swing states have done after winning the legislature.
The News Russia’s offer to supply floating nuclear power plants to coastal African countries emerged as a major focus of talks held with African officials at a summit in Moscow this week. President Vladimir Putin hosted 48 country delegations, including 22 African leaders, at a Russia-Africa summit as he sought to deepen economic ties across the continent. The summit, now in its third edition, produced a series of nuclear announcements involving at least six countries,…
The News A slew of top international sporting events is coming to East Africa, which governments are betting on to provide an economic boost and attract foreign investment. Despite a strong growth forecast for the region, unemployment among the fast-growing youth population remains stubbornly high, leading to political instability and leaving the authorities looking for ways to create more jobs. The first sporting spectacle to land in the region will be the 2027 Africa…
France’s economy unexpectedly contracted in the third quarter, adding to a pile of worries over the European power’s fortunes in the run-up to divisive presidential elections. The latest figures come with investors already concerned over rising debt levels, a yawning budget deficit, and mounting public frustration over service provision; recent polls suggest the far right and far left are in the lead ahead of April elections. The myriad issues have raised fears of…
Amazon and Intel reported worse-than-expected figures, adding to a run of underwhelming Big Tech results that have weighed on markets. Amazon’s $200 billion in third-quarter revenues were not enough to reassure investors, who have grown wary of the AI trade as surging debt and financing costs outpace revenues and push firms into negative cash flows. Intel’s fourth-quarter sales projections also disappointed markets, pushing its stock down 20% in after-hours trading.
New figures showed Brazil’s debt picture is by some measures its worst in a decade, underscoring the scale of the challenge facing recently reelected President Luiz Inácio Lula da Silva. Brazil’s debt burden steadily climbed over Lula’s third term and the deficit hit a record high; his reelection tanked Brazilian markets, reflecting investors’ fears the country’s fiscal picture will only worsen under his tenure as economic growth is forecast to cool in the years ahead and…
Anthropic became SpaceX’s biggest customer, accounting for a third of sales last quarter, underscoring the intense concentration of the tech market. Investors have grown concerned that the AI industry — and the economy writ large — is becoming overreliant on the performance of a small number of firms, thus increasing the risk of market destabilization if one fails. Anthropic itself revealed in an IPO prospectus this week that almost half of its revenue comes from fellow…
Microsoft has protected its AAA credit rating — one of just two left in Corporate America, alongside Johnson & Johnson’s — and is reaping the rewards for its financial discipline. Despite the spreading fears about AI-related debt, the company raised $25 billion Thursday in its first bond offering since 2017. The deal’s 10-year portion cost just 5.6%, barely more than the US government pays to borrow.
Prediction markets blew three big elections this week, a bad look for platforms pitching themselves to investors as hedges against global risk. Kalshi and Polymarket both gave Brazilian conservative Flávio Bolsonaro a 4-in-5 chance of winning; he lost to the progressive incumbent, costing anyone who traded Brazil’s currency and stocks. The markets also overrated Netanyahu’s challenger in Israel, where the race is still too close to call — and where a series of suspicious…
The US upped the pressure on its ostensible allies as part of its push for a truce in the Russia-Ukraine war. Kyiv has paused its strikes on Russian refineries at the behest of Washington, which is trying to corral runaway fuel prices, The Wall Street Journal reported, while Reuters said the Pentagon had urged European leaders to calm their rhetoric over the threat of Russian aggression. The moves come as Russia’s foreign minister entered the US to attend a meeting of G20…
US artificial intelligence firms are expanding in the Gulf, a sign that some companies are not shying away despite increased risks to digital infrastructure. Oracle plans to build more data centers in Saudi Arabia and the UAE to meet rising demand, The National reported. And Scale AI, which is 49% owned by Meta and sells labeled data for model training, opened an office at the Dubai International Financial Center, following an agreement to work with a G42 unit to develop…
South Africa’s third-largest lender, Absa, opened its first Gulf office, giving the bank a seat closer to Middle Eastern investors hunting for deals on the continent. Absa joins South African rivals Standard Bank, Nedbank, and Investec, which have already established a presence in Dubai. Absa CEO Kenny Fihla said the office, which is looking to benefit from advisory and credit-arrangement fees, would help “connect capital from the region and from wider international…
The Africa Cup of Nations, the continent’s top football competition, will continue to be held biennially, reversing a plan to introduce a four-year cycle put forward by the Confederation of African Football. Announcing the U-turn, CAF placed financial considerations at the heart of its reasoning. Patrice Motsepe, the South African billionaire who runs CAF and championed the shift, said the reversal was in the interest of the organization’s 54 member nations and African…
Oman is the standout among Gulf stock markets that have otherwise struggled this year. Still, as elsewhere, markets are not the economy: The IMF has forecast a 4.8% contraction in the Gulf’s GDP in 2026, but stocks haven’t plunged as much, suggesting stronger-than-expected corporate earnings have supported valuations. Within the relatively thin universe of equities, one name outshines all: Saudi Aramco accounted for about 72% of the combined earnings of Tadawul-listed…
Yinka’s view There is no shortage of pessimism about Africa’s prospects in the AI race. The continent, we are regularly told, doesn’t have the computing power, capital, or energy to compete. But investors and founders I spoke with in Lagos this week don’t see this as another tech revolution that risks leaving Africa behind.
Tanzania and Angola have agreed to connect railways serving ports on opposite coasts of Africa, Tanzania’s president said. The move brings together multibillion-dollar infrastructure backed by Western governments and China. The proposed connection of the Western-backed Lobito Corridor with China-backed TAZARA would stretch between ports on Angola’s Atlantic coast and Tanzania’s Indian Ocean coast through Zambia and DR Congo, home to Africa’s richest deposits of copper and…
Lagos Fashion Week returned for its 15th edition this week, bringing together some of the continent’s best-known designers, including Lisa Folawiyo, Nkwo, Orange Culture, and Emmy Kasbit. But the event is increasingly about more than runway recognition: This year’s theme, “Crafted,” puts heritage, craftsmanship, and circular fashion at the center, say the organizers, and reflects Lagos Fashion Week’s growing emphasis on building a commercially viable and sustainable…
HomePoliticsBusinessTechEnergyGulfChinaAfricaMediaHealthcareCEO SignalSemafor World Economy EventsEmail Briefings Shows AboutSpeaker BureauCareers Privacy© 2026 Semafor Inc. D.C.BXLLagosRiyadhBeijingSG Intelligence for the New World Economy D.C.BXLLagos RiyadhBeijingSG Intelligence for the New World EconomySemafor World Economy From Semafor Flagship In your inbox, every weekday Sign up “One of the greatest novels of the 19th century” The Doll, by Bolesław Prus. With the…
Who says data centers don’t create jobs? Many of the industry’s biggest players, including hyperscalers, AI labs, and data-center developers, are advertising six-figure roles for policy wonks able to woo local communities where data centers are planned, a Semafor analysis found. Microsoft is looking for people to lead messaging and community relations for its data center buildout, with skills including “proactive storytelling” and the ability to lead town halls.
Reed’s view In August, I wrote about the use of AI in guest columns published in major news outlets, including by Dartmouth Provost Santiago Schnell. The thing is, he shouldn’t have lost his job. Schnell’s was one of 50 guest columns that included AI-generated text that were published in The New York Times, The Wall Street Journal, and the Washington Post over a one-month period.
{beacon} Technology Technology The Big Story GOP grip on Ohio, Texas in jeopardy amid data center fervor The importance of AI data centers is growing this election cycle as the fight over the infrastructure’s costs and environmental impacts may be threatening Republicans in battleground states like Texas and Ohio. © Greg Nash Grassroots movements...
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Stocks fall to close out week as Election Day nears Stocks took a nosedive to end the week, as investors' concerns about mounting AI-related debt played out on Wall Street. © Yuki Iwamura, Associated Press The...
The U.S.’s economic isolation campaign against Iran is “decimating” the country’s economy, according to a Treasury Department report released Friday. The Trump administration launched its sweeping economic pressure campaign, dubbed Operation Economic Outcast, at the end of August. During a Wednesday appearance on CNBC, Treasury Secretary Scott Bessent said the effort has been “very successful.”...
{beacon} Energy & Environment Energy & Environment The Big Story In Iowa elections, cancer crisis looms large Rising cancer rates and a potential link to farm pollution are causing a crisis in Iowa, throwing uncertainty into the midterm elections in the state that has shifted ruby red in recent years. © Abel Uribe, Chicago...
Presented by Palantir {beacon} Defense &National Security Defense &National Security The Big Story Trump says Iran war will end 'soon' President Trump claimed on Friday that the U.S. war against Iran will end "soon" as he mulls authorizing military strikes on the Islamic Republic following the November midterm elections. © Jon Cherry, Associated Press...
Obamacare enrollees could see their health insurance premiums rise by double digits for a second year in a row, according to a report published Friday. Health research group KFF found the average cost of Obamacare health insurance will rise by 13 percent in 2027, following a 26 percent hike in rates from 2025 to 2026....
Commodities Energy Crude oil jumps as Iran says four tankers struck mines in the Strait of Hormuz Oct 30, 2026, 7:55 PM ETUnited States Oil Fund LP ETF (USO), UCO, CL1:COM, CO1:COM, XLE, XOPDBO, UNG, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, NG1:COMBy: Carl Surran, SA News Editor28 Comments SlavkoSereda/iStock via Getty Images Crude oil futures climbed more than 2% on Friday after Iran's Revolutionary Guard said a tanker carrying more than 2M barrels of oil…
Reddit’s stock plunged on Friday after the community-discussion forum said its search referral traffic was down significantly in the third quarter.
Various factors indicate that Microsoft is in a better financial position than its cloud rivals, analysts say.
Many Big Tech stocks were hit hard but the S&P 500 showed strength under the surface, with a majority of stocks showing gains for the month.
"This medicine could be one of our largest medicines in history," Novartis CEO Vas Narasimhan told CNBC on Tuesday, as the Swiss drugmaker backed remibrutinib, its experimental MS medicine, to generate more than $4 billion in peak annual sales. Days before, Barclays cut its forecast for the drug's peak sales after detailed results from two late-stage trials showed the drug had reduced relapses in MS patients by less than analysts expected. It highlights a challenge for…
Friday’s big plunge raises disturbing parallels with the top of the dot-com bubble
Russia and Ukraine traded strikes on each other's energy infrastructure overnight as the Ukrainian city of Dnipro saw a near-total blackout and an oil refinery in western Russia was engulfed in flames after a drone attack. Emergency power cuts came into force in Dnipro and Dnipropetrovsk Oblast early Friday after damage from Russian attacks, according to Ukrainian private energy company DTEK. More than 350,000 people were left without power and work is ongoing to restore…
The tech megacaps are collectively placing a multitrillion-dollar bet that their infrastructure spending will result in many years of profitable growth. But that's all in the future. For now, they're reliant on their legacy businesses — whether it's online advertising, business software or e-commerce — to fund their artificial intelligence ambitions.
QUEENS, NEW YORK — Diplo, the globally famous disc jockey, has become accustomed to performing in front of audiences wearing glitzy outfits and clutching alcoholic beverages in the dark. Some of his recent shows have looked very different. Swap the cocktails for electrolytes, the swanky clothes for athleisure and the nightclubs for sunny public parks.
President Donald Trump will host campaign rallies in Iowa and Kansas after all, a source familiar with the matter told CNBC on Friday, hours after the Republican Party said those events would be scrapped in lieu of a series of tele-rallies. "Rallies are BACK ON!" the source said in response to an email CNBC sent to the White House press office. The scheduling shake-up came as political prognosticators widely predict Democrats will make significant gains in Congress,…
The Swiss National Bank said Friday that it made a profit of 19.1 billion Swiss francs ($23.3 billion) on its investments in the third quarter, driven by its gold and foreign currency holdings. It brought the central bank's year-to-date profit up to 44.2 billion francs, the equivalent of around $53.8 billion, raising the prospect of a payout to Swiss federal and local governments at the end of the year. But the overall profit in the third quarter of 2026 marked a…
Department of the Treasury has announced new rates for Series I bonds. Newly purchased I bonds will pay 5.51% annual interest from Nov. 1 through April 30, which is up from the 4.26% yield offered on purchases made through Oct.
Chevron and ExxonMobil on Friday reported profits that soared in the third quarter, as their U.S. refineries ramped up production to full capacity to take advantage of high diesel fuel prices. Chevron shares are up nearly 2% while Exxon is more than 1% higher. Both touched all-time highs Friday.
Binance was hacked with an estimated impact of $6.3 billion, raising questions about the recovery of stolen funds and the broader fallout for crypto markets. Around $3 billion in cryptocurrency assets have been frozen so far, according to a Binance security update. The exchange pledged to cover all losses, while blockchain investigators linked the attack to North Korea and analysts assessed the potential financial risks.
Billionaire venture capitalist Reid Hoffman has put $8 million into the Democratic Party of Wisconsin over the past five weeks to help the party's gubernatorial nominee David Crowley in his race against Republican Tom Tiffany. The LinkedIn co-founder gave $2 million on Sept. 2 and another $5 million in two installments on Oct.
Within 24 hours of the U.S. and Israel going to war with Iran, Tehran responded with a wave of attacks on commercial ships in the Strait of Hormuz to cut off one of the world's main sources of crude oil. Iran's campaign was initially successful, with crude exports plunging nearly 90% to 1.8 million barrels a day in March compared with 16 million bpd in February, according to data provided by Kpler. But crude flows have rebounded over the past eight months as the U.S.…
Binance has suffered the biggest hack in crypto history, but that's done little to shake confidence in bitcoin, according to market analysts and researchers. On Thursday, the world's largest exchange by daily trading volume said that roughly $6.3 billion were affected in an exploit. Security firm TRM Labs linked the security incident to North Korea.
Crypto firms and law enforcement are racing to recover more than $6 billion worth of cryptocurrency stolen from Binance before hackers manage to hide the funds. The firms say they're in a "cat and mouse game" against alleged North Korean hackers who are using a combination of crypto obfuscation techniques and professional global money laundering networks to turn their digital coins into fiat currency, according to experts who spoke to CNBC. These moves underscore how hard…
Consumers are concerned about rising fuel prices and affordability — and that could be showing up in how fast the least expensive cars are moving off dealer lots. From the first quarter to the third, the number of days it took a dealer to sell a vehicle priced between $20,000 and $29,999 dropped 20%, according to data from Edmunds. That pace of selling saw the biggest acceleration of any price segment.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Intel shares plummeted 29% on Friday, their worst day since the 1970s, after the chipmaker issued weaker-than-expected guidance due to a plant shutdown in Israel and ongoing softness in the PC market. It's a major setback for CEO Lip-Bu Tan, who was hired in March 2025, and has since been on a campaign to revive the company after it missed out on the early years of the artificial intelligence boom. Intel's plunge is also a big hit to the Trump administration, which led…
Changpeng Zhao, the cofounder and former CEO of Binance, asked Elon Musk not to "troll" the company on Friday and instead "show some support" after the SpaceX CEO appeared to mock the embattled cryptocurrency exchange in a series of social media posts. After learning the world's largest crypto exchange had been hit by a $6.3 billion hack late Thursday, Musk posted several emojis, ranging from laughing to grimacing, on X. In response, Zhao reminded the SpaceX and Tesla CEO…
Spencer Pratt appeared to be a shoo-in to win the June primary in the Los Angeles mayor's race, based on millions of dollars wagered on prediction markets aiming to call the race. Pratt was an unlikely candidate for mayor. The former reality TV star had never held elective office, but after the Palisades fire destroyed his home, he turned his criticism of the city's response into a campaign rallying cry.
Two Federal Reserve presidents on Friday said interest rates will need to move higher to rein in inflation. Louis Fed's Alberto Musalem said another rate hike will need to happen soon. And Lorie Logan of the Dallas Fed predicted that the central bank will need to raise rates by quarter-point increments at least two more times.
A record-breaking hack at Binance, the world's largest cryptocurrency exchange, is a reminder of the risks investors take when trusting a company to hold their digital tokens. Binance said Friday that the security breach affected about $6.3 billion in client assets, making it the largest crypto hack on record. Around $3 billion of the affected assets has been frozen on blockchain networks, and the exchange says it has begun recovering some of them.
The Department of Justice wants "to preserve and segregate all ballots ranking" a candidate named Dan Sullivan for a potential investigation of whether voters in Alaska's U.S. Senate election mistakenly ranked him in the belief he was incumbent Republican Sen. Dan Sullivan, a federal prosecutor told a judge in a court filing late Friday.
Investors looking to diversify beyond the struggling artificial intelligence trade should consider consumer staples stocks, CNBC's Jim Cramer said Friday. The Nasdaq-100, which tracks the biggest tech stocks, ended October down almost 7%. Investors rotated into other more defensive areas of the market.
Meta's outlook has been revised downward by S&P Global Ratings on concerns surrounding cash flow and AI spending. The credit agency said Friday that the outlook reflects "uncertainty" about Meta's elevated capex and its negative free cash flow. Meta's credit rating was revised from AA- stable to AA- negative, S&P said.
Published "When I told people what I wanted to do, open shops on the high street selling things for one pound, they said, 'how will you find products to sell for a pound, what about inflation, it will never work.'" That is how Steve Smith, the founder of Poundland, describes the genesis of the budget giant - which went on to employ thousands of people and see over a million customers a week - on his own website, external. But now the West Midlands-based retailer is…
Published Defence Secretary Wes Streeting has denied "kicking the can down the road" over how much the UK spends on defence. The government has faced criticism for not setting out a pathway at Wednesday's Budget to hit its target of spending 3% of GDP on defence by 2030. Streeting is at odds with MPs on the Commons defence committee over the issue.
Published The moment she saw footage from the remake of The Legend of Zelda: Ocarina of Time, Kacey Doran picked up her phone. She had to tell her sister. "Have you seen this?" messaged Doran, excitedly.
Published Halloween shoppers in the US seeking sweet relief this spooky season have instead been shocked by the high price of seasonal treats, as cost of living pressures continue to bite. Demetrio Beltres, a 33-year-old financial adviser searching for Halloween bargains for trick or treaters said he was spending more than his usual $15 (£11) to $20 this year because prices were much higher. "I'm trying to spend at least $20 to $30 just to make sure that I get the kids…
Published Binance, the world's largest cryptocurrency exchange, says it has frozen around half of the funds stolen in a "complex" hack, after $6.3bn (£4.7bn) was accessed in what is believed to be a record heist. The firm said $3bn of its stolen digital assets had been secured - but many were still in the hands of unidentified hackers. It initially thought an engineer's laptop had been compromised, allowing unauthorised withdrawals, but later said the attack was wider.
Published Tech stocks tumbled for the second day in a row as concerns rise over the hundreds of billions of dollars firms are investing in artificial intelligence (AI). Shares in Intel plummeted by 28% on Friday, while Google owner Alphabet saw its stock price continue to fall another 1.4% after a 12% plunge on Thursday. Other tech stocks, including Reddit and Amazon also fell, while the Nasdaq index of the largest tech firms listed in the US, ended October with its worst…
Published Ian Thomas, chief executive of the City of London Corporation, has been named the UK's most influential Black Briton in this year's Black Powerlist awards. The 57-year old is the first Black person to oversee the Square Mile's governing body in its more than 900-year history. The City of London Corporation is an administrative body with responsibility for London's central financial district, headed by its own Lord Mayor.
Published Binance, the world's largest crypto exchange, has been hit by what is believed to be the largest crypto hack ever at $6.3bn (£4.7bn). Crypto is a type of digital asset which does not exist physically like cash or coins. Instead, people use digital wallets on their smartphones or computers to access and manage it.
Published Sales of tinned food, radios and torches spiked in some shops after the UK government advised households what to stock up on in case of a national emergency. While having this stash - or personal crisis kit - is new to the UK, it's common in many places across the world. Countries facing extreme weather, natural disasters and fraught geopolitical situations regularly issue preparedness guidance - some even delivering booklets directly to homes.
A trojanized Claude Code extension on Cursor's marketplace planted SSH backdoors on up to 5,000 developer machines before being pulled offline. - Malicious Claude Code extension v2.1.313 hit Cursor's marketplace, exposing up to 5,000 developers. - Payload planted an SSH backdoor key, reverse tunnel, and OS-level persistence on macOS and Windows. - Cursor pulled the marketplace, rotated keys, rebuilt it, and killed the attacker's server with the host. - Source was Open…
Listen now: YouTube | Apple | Spotify Today’s episode is brought to you by: TRM Labs Criminals are scaling with AI. Build the technology that helps crimefighters fight back. TRM is hiring, go to https://www.trmlabs.com/careers Today’s guest is Benedikt Stemmildt, founder of hackers&wizards and co-chair of the CodeTalks conference.
A new perspective paper argues the real bottleneck in subsurface ML is not accuracy but calibrated uncertainty and auditability for regulators.
humans& trained a tutor model against a simulated learner called Persimmon, topping a real-classroom benchmark and beating Claude Sonnet 5.5 and GPT-6 Astra. - humans& released &Tutor;, a tutoring model trained by teaching a simulated student until it understood. - Scored 0.754 on TutorMoments plain prompt, beating Claude Sonnet 5.5 (0.667) and GPT-6 Astra (0.634). - With evaluation-aware prompting, hit 0.919 overall and led all models on appropriate rigor at 0.931. -…
Liquid AI's LFM3 family packs six specialized models under a shared 2B backbone, swapping standard transformer blocks for a tri-hybrid design built around on-device agents.
Maya Research dropped open weights for a streaming TTS model covering 11 Indian languages plus English, with 20 voices and zero-shot cloning under Apache-2.0.
Google's Gemma team showed an untethered Reachy Mini robot that chats, reasons, and drives itself using only on-device models over LiteRT. - Google Gemma team debuted Reachy on Wheels at PyTorch Conference, battery-powered with no cloud. - Gemma 4 E4B handles voice conversation and tool calls to start or stop the vehicle. - EmbeddingGemma 2 runs on an Arduino Ventuno Q board for real-time camera-based steering. - Both models execute on Google's LiteRT runtime, keeping the…
Krea's node-based workflow editor now supports real-time multi-user editing, letting teams build and run AI pipelines together on one canvas. - Krea Nodes now supports real-time multiplayer editing on its node-based workflow canvas. - Multiple teammates can edit, run nodes, and view outputs in the same project simultaneously. - Live cursors and shared runs let roles split: one wires prompts, another swaps images, another queues jobs. - Krea Agent and MCP clients act as…
AutoTrust's open 9B model packs calibrated System 1 decisions and full System 2 reasoning into one Qwen3.5 backbone, matching a closed teacher at a third the latency.
A community Windows desktop app packages Boson AI's Higgs Audio v3 TTS into GGUF quantizations with a local C++/CUDA engine for offline voice cloning.
Pydantic V3 is in development with a gentler migration story, V1 reaches end of life, and a paid enterprise support tier arrives for production teams. - Pydantic V3 development has started, targeting late this year, with no sweeping API rewrite planned. - Breaking changes limited to correctness fixes and behaviors you can opt back into, per the V3 tracking issue. - V1.10.27 is the final V1 release, and the pydantic.v1 namespace inside V2 is also unsupported. - V2 keeps…
A Flutter-built Android client packs the DeepSeek Harness coding agent into a phone, with a built-in Linux sandbox and remote control for your desktop.
A JAX-native multi-objective RL framework trains humanoid robots across six conflicting goals in minutes, delivering 21 to 270 times speedups.
Artificial Analysis refreshed its knowledge and hallucination benchmark, cutting it to 3,000 questions and exposing which models were quietly overfitting. - AA-Omniscience v1.1 shrinks to 3,000 questions across 6 domains, removing saturated and ambiguous items. - Gemini 4 Carbon leads with Net Score 54, ahead of Claude Opus 5.5 (48) and Claude Fable 5.1 (46). - Rank order holds with 0.98 Spearman correlation to v1, but median Net Score drops 0.6 points. - MiniMax M3.1…
NVIDIA's new 9.6M parameter RE-USE model strips noise, echo and distortions from speech across 7 sampling rates and beats models 25x larger. - NVIDIA released NemotronLabs RE-USE, a 9.6M parameter open multilingual speech enhancement model. - Beats 250M and 500M parameter rivals on PESQ, STOI, speaker similarity, and ASR accuracy. - Handles noise, reverb, clipping, codec artifacts, packet loss, and bandwidth limits across 7 sample rates. - Built on bi-directional Mamba…
A new compute-in-memory accelerator for small language models hits 400 tokens/s on LLaMA3.2-1B with 49x better energy efficiency than Jetson Orin Nano.
Zilan Qian is a research scholar at GovAI researching AI development and regulation in China. On October 21, the People’s Daily published a commentary titled “Turning ‘Gunpowder’ into ‘Fireworks’? Beware the Claim That China’s AI Has Gone Astray” (把”火药”做成”烟花”？警惕”中国AI跑偏论”).
In February, Eric and Donald Jr. sat down with a reporter to explain why Abu Dhabi paid $500m for a stake in World Liberty Financial. Don Jr. said, “They tried all this nonsense the first time around. Frankly, it’s gotten old…They created this monster.” The monster of political corruption has been with us since the founding.
Featured Story T-Mobile: We'll be first with 6G, and no to SpaceX MVNO T-Mobile reports Q3 earnings and says it aims to be first with 6G in the US. It also continues to rule out an MVNO deal with SpaceX's Starlink. Reliance Jio Platforms' mega $3.2 billion Initial Public Offering (IPO), the largest in India's history, has put the spotlight on its next phase of growth while raising questions about its low-cost mobile data model.
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Featured Story T-Mobile: We'll be first with 6G, and no to SpaceX MVNO T-Mobile reports Q3 earnings and says it aims to be first with 6G in the US. It also continues to rule out an MVNO deal with SpaceX's Starlink. This week in broadband builds: Fidium grows reach throughout Maine and New Hampshire; Comcast completes build in Tulare County, California; WOW fiber network coming to East Tennessee; Syntrio brings fiber to Quanah, Texas.
Featured Story T-Mobile: We'll be first with 6G, and no to SpaceX MVNO T-Mobile reports Q3 earnings and says it aims to be first with 6G in the US. It also continues to rule out an MVNO deal with SpaceX's Starlink. DayOne and Nxera signed their respective MoUs on power supply with Sembcorp to support their data center developments in Asia.
Featured Story T-Mobile: We'll be first with 6G, and no to SpaceX MVNO T-Mobile reports Q3 earnings and says it aims to be first with 6G in the US. It also continues to rule out an MVNO deal with SpaceX's Starlink. FCC Chairman Brendan Carr is circulating a proposal that aims to preempt California requirements that conflict with new FCC rules and approvals designed to accelerate the retirement of legacy copper networks.
Nissan has a new version of its bestselling Rogue SUV, and it’s launching the model here with the latest version of its e-Power hybrid system, which Ars tested in February. Most hybrid cars you can buy today are parallel hybrids, which means that they have an internal combustion engine and an electric motor, both of which drive some or all of the wheels—everything works in parallel. But there’s another approach.
Welcome to Edition 9.17 of the Rocket Report! It’s been a while since an American company announced plans for a medium-lift new launch vehicle, but that’s what happened this week when a startup named Cowboy Space revealed specs for its Big Iron rocket, named for the classic country-western song by Marty Robbins. I’m a huge fan of the name.
The US has charged five individuals as part of the first broad federal crackdown on “ghost students”—fraudsters who steal the identities of hundreds of Americans to pose as fake college students and steal student loans. In a press release Thursday, the Department of Justice said it had uncovered a large-scale scheme relying partly on AI. The DOJ seized more than $750,000 in cryptocurrency from “a network associated with Kenyan nationals” after data analysis helped flag…
A new report from the analytics firm Quilty Space confirms that, outside of China, the world faces a significant shortage of rockets over the next five years. The firm estimates that between now and 2030, there will be a shortfall of about 150 launches compared to demand from satellite operators and civil space agencies. If demand from the US military is added in—and SpaceX does not extend the Falcon 9 and Falcon Heavy program to accommodate increased national security…
Binance has suspended all withdrawals after the world’s largest cryptocurrency exchange fell victim to what appears to be the biggest heist in history. The exchange put the “estimated total impact” of the hack at about $6.3 billion and said around $3 billion of affected assets, mainly stablecoins that act as cash for the crypto market, had been frozen. But analysts at Elliptic said the attacker had changed about $3.3 billion into digital assets that could not be frozen…
General Motors marketed its Smart Driver system as a way for parents to monitor teen drivers or for adults to track their driving behavior. But in 2024, it emerged that GM had been sharing that data with brokers. Those brokers then sold the data to insurance companies, and some drivers found that their insurance became more expensive as a result.
A significant number of patients in the US lie to their doctors to get antibiotics they likely don’t need, according to two new studies. While that may not be a startling revelation, the studies drills down on the phenomenon, finding that the lies patients tell are generally bad ones—and yet, they work almost all the time. In the two linked studies published Friday in JAMA Network Open, a team of researchers led by Alistair Thorpe at the University of Utah analyzed online…
As AI tools and agents have continued their march across all aspects of digital life, many companies are trying to use LLMs to improve the experience of purchasing goods and services on the Internet. Thus far, though, a vanishingly small number of people seem to be taking advantage of those capabilities, at least when it comes to using the popular food delivery app DoorDash with an outside AI agent. In a third-quarter earnings call Thursday, DoorDash co-founder and CEO…
In an announcement released Thursday, Fujifilm said it will invest roughly 10 billion yen (about $63 million) to increase its production capacity fivefold for an unlikely beneficiary of the AI era: magnetic tape. Fujifilm attributes the surge in archiving demand to the spread of generative AI, which the company remarked is producing “exponential growth” in data needs worldwide. The 5x increase in production capacity will be measured against fiscal year 2025 production levels.
Boom Supersonic CEO Blake Scholl recently declared “it’s time for a renaissance in energy and in supersonic flight” as the supersonic airliner company unveiled a Colorado factory dedicated to making gas turbines for AI data centers. But Boom may be facing turbulence after early backers for both ventures have questioned the company’s delivery timeline or backed out entirely. One of the company’s first customers, United Airlines CEO Scott Kirby, has expressed doubts about…
An official extension for Anthropic’s Claude model was backdoored and threatened as many as 5,000 developers’ machines, multiple sources reported Friday. Anthropic so far has yet to warn customers of the incident. The compromised package was a VS Code extension available in the marketplace of Cursor, a maker of AI-assisted developer tools, the company said Friday.
On August 9, 2026, Dartmouth College provost Santiago Schnell wrote a Washington Post op-ed called “Universities are fighting AI cheating. But there’s a deeper problem.” This week, Schnell discovered the depths of the problem himself as he resigned from the university after an advisory committee found that he failed to disclose significant AI use in an academic paper and in the Washington Post op-ed, even though publishers required such disclosure. Schnell didn’t make it…
The Wikimedia Foundation is staking out a middle ground in a group of landmark AI copyright cases, pushing courts to legally protect large language models (LLMs) training on copyrighted work - but not chatbots regurgitating that work to users. An overly black-and-white ruling, it says, could either deprive Wikipedians of useful AI-based tools or endanger the open web. In an amicus brief filed Friday, the nonprofit behind Wikipedia weighed in on a set of lawsuits pitting…
Investing in any stock is kind of like gambling in the sense that you're betting your money on a company's future performance. But how do you bet on a technology that could, in the worst-case scenario, "pose catastrophic or existential risks to humanity," or best case, "bring forth an age of miracles"? To some extent, Anthropic suggests in a letter at the top of its S-1 filing, you have to just believe.
Susan Collins, a Republican, was midway through defending her record during the final debate of the midterms when an audience member cut her short. "I'm terrified," a man shouted. "AI data centers are destroying our climate.
OpenAI, Google, Microsoft, and Anthropic say they will adopt a new standard that publishers can use to opt out of being scraped by AI, as reported earlier by Search Engine Roundtable. With this control, publishers can apply their AI training preferences across multiple AI companies, instead of setting them individually. The shared "policy token" signal is proposed by Kevin Kelley, a technical lead for standards at Anthropic, as part of the Internet Engineering Task Force…
Starbucks could eventually show you a personalized digital menu when you pull up to the drive-thru. During an earnings call on Thursday, Starbucks CEO Brian Niccol said the company is going to explore "experiences that recognize participating customers as they arrive, present personalized digital menus, and make payment more effortless," as spotted earlier by More Perfect Union. It sounds similar to the technology that Taco Bell is experimenting with, which could change…
Pope Leo XIV says AI systems should be "disarmed," adding that humans "have the responsibility to guide, change and, when necessary, reject its applications." In Friday's Papal Address, Pope Leo encourages United Nations member states to "take concrete steps toward banning lethal autonomous weapons" during their meeting in Geneva next month. The address reflects many of the ideas Pope Leo laid out in his first major papal document in May, which highlighted "safeguarding…
Google's AI chip-equipped satellite has generated its first response from space. In a blog post on Friday, Google says it successfully booted up the satellite's Tensor Processing Units (TPUs), allowing the on-board Gemma 4 model to follow through on a prompt to create a haiku about being in space: Blue marble below Data streams in silent grace Starlight feeds my core. ✨ Google says it tried out other space-themed limericks and telemetry prompts as well. The test is part…
A great founder event shouldn’t just leave you with ideas. It should give you connections, insights, and actionable advice to turn those ideas into growth. Just five days away, TechCrunch Founder Summit, presented by Fidelity Private Shares, is bringing founders together for hands-on learning and meaningful connections.
Waymo will begin testing autonomous Toyota bZ4X vehicles in Japan next year as part of a broader partnership with the automaker to provide electric vehicles for robotaxi operations in international markets, including the U.K. Under the partnership announced Friday, Toyota will manufacture the 2027 bZ4X vehicles and integrate Waymo’s self-driving system at its Takaoka factory in Japan. (The electric vehicle is now known as the bZ in the North American market.) The…
Apple will launch Apple Intelligence in China with iOS 27.3, the company announced on its Chinese newsroom website, as reported by MacRumors. The Apple Intelligence features will be available first in an iOS 27.3 beta that's set to launch on November 4th, with a full iOS 27.3 release scheduled for December. This launch doesn't bring the new Siri AI to China.
Asked about supply chain shortages, like the ongoing RAM shortage, OpenAI CEO Sam Altman said in an interview that it's "terrible" to have RAM in personal PCs instead of data centers. During his appearance on the Cheeky Pint podcast, where he also commented on AI's impact on math, Altman said: "A lot of people want local inference. And somehow, they assume that the problem is solved now because we are going to have open-source models, we're going to be able to run them on…
The best connection you make at an event is not always the person standing next to you in line for coffee. Sometimes it is the founder who has already solved the problem keeping you up at night. The investor who can challenge the way you are thinking about your next round.
There’s a big uproar about AI agents taking over commerce and orders, but that might not be the case just yet. Delivery company DoorDash revealed during its third-quarter earnings call that it has only seen “several hundred” orders from third-party agents like Muse, Instinct, Fo, and others. For comparison, the company said in its 2025 report it completes an average of 3 million deliveries daily.
AI infrastructure company Runware is making news again, just months after unveiling the Sonic Inference Pod, a modular data center built in a factory and shipped to customers ready to install. Now the company has bigger plans. It told TechCrunch it wants to build a factory that assembles these pods on a production line, as if they were cars.
Zest, the restaurant discovery app that launched earlier this year, is already thinking about a future where mobile apps are no longer the primary interface. On Thursday, the startup introduced a new feature: a personal AI-powered “restaurant concierge” that lives in your text messages, similar to other popular AI agents like Instinct or Poke. The launch reflects a broader shift in how startups are thinking about AI, as conversational AI agents take on tasks that had…
Google Suncatcher’s prototype space data center is online and communicating with the ground after launching earlier this month alongside more than 100 other spacecraft on a SpaceX Falcon 9 rocket. The satellite, which carries four Google Tensor Processing Units (TPUs) and generates up to 1 kW of electricity, is intended to pave the way for future networks of close-flying satellites performing large inference workloads in orbit. However, the power demands of the TPU mean…
“You Can See Everything,” the documentary capturing disgraced Theranos founder Elizabeth Holmes’ final weeks before prison, is sparking national conversation as it becomes one of the highest-grossing documentaries of all time. The film, directed by Nathan Fielder and Lance Oppenheim, intentionally refuses to characterize Holmes as a master manipulator or victim, instead highlighting her uncanny, almost hypnotic knack for making people pity her, even when they’re well…
Investors are getting nervous about AI infrastructure spending just as the Big Tech companies double down. Over the past two weeks, Alphabet, Amazon, Meta, and Microsoft have outlined plans to spend more than $740 billion on capital expenditures this year, which Wall Street is reading as AI infrastructure spending, including data centers and chips. Earlier in the AI boom, investors largely rewarded such big outlays, viewing them as a sign of confidence in the technology’s…
Like a real-life episode of “Suits,” the demise of famed white-shoe Wall Street law firm Weil, Gotshal & Manges has been the talk of the legal industry this week. And now Silicon Valley has entered the picture. Two-year-old AI-first law firm Crosby has put in a bid to buy some of the assets of Weil Gotshal, including its trademark, its brand, and some unspecified internal data, TechCrunch has confirmed.
Naturally, Rama Afullo’s first reaction was, “Let’s GOOOO,” he said. His company, Satlyt, is building software to turn existing satellites into data processing networks, similar to the orbital data center concept. And he just took another step closer to that.
Intel’s stock suffered one of its worst days ever on Friday, crashing around 28% after the chip giant reported a weaker-than-expected outlook for the fourth quarter. This rout reduced the value of Intel’s holdings by the government by $12 billion, CNBC reports. The Trump administration had the government buy 10% stake over a year ago.
Applebee’s has fixed a security flaw that allowed anyone to access the personal information of its registered customers, after a researcher found a password for an internal database inside Applebee’s mobile app, TechCrunch has learned. The popular restaurant chain confirmed on Thursday that it had taken action to address the security issue to prevent any unauthorized access to its customer database. TechCrunch withheld publication of this story until the bug was confirmed…
It happens to the best of us — you’ve completely dropped the ball on figuring out a Halloween costume. Naturally, you’ve decided to solve this problem by turning to… TechCrunch? Here are some last-minute techy Halloween costumes.
Ollie, a startup whose mission was to deliver an AI assistant that respected its users’ privacy, says that it will be shutting down in a week. Bill Lennon, the company’s co-founder and CEO, took to X on Friday to deliver the news, noting that the app will officially shut down on November 6. “I’m really proud of what we accomplished,” Lennon said.
Cigent Software Full Drive Encryption and its command line interface have received Intel vPro Certified App status, Intel’s validation that a background application meets its power and performance targets on vPro business PCs. Cigent’s software is a CSfC-listed encryption component used in NSA Commercial Solutions for Classified data-at-rest architectures, so the certification speaks to a specific buyer: defense and government IT teams running encrypted laptops and field…
Sandisk’s business execs saw SSD revenues rise steeply, up 378 percent Y/Y, to a record $11 billion, beating last quarter’s record $9 billion, which beat the previous quarter’s record $6 billion and this repeated record-breaking is set to continue with a $12 billion+ forecast fir the ext quarter. There was $8.1 billion in GAAP net income, up - wait for it - 7,133 percent. The cash flow numbers are ridiculous.
Samsung almost reported its first-ever ₩200 trillion quarterly revenues in its third 2026 quarter as soaring AI demand for HBM, DRAM and NAND enabled high prices for its semiconductor technology. Revenues of ₩195.3 trillion ($145.5 billion) rose 121.8 percent Y/Y and there was an operating profit of ₩107.4 trillion ($80 billion); amazing numbers - but now the new normal. The operating profit number made Samsung Electronics the world’s first tech company to exceed ₩100…
Edge AI may give telecoms a bigger AI role, with metro sites, not towers, emerging as the clearest near-term opportunity. October 30, 2026 While the telecommunications industry has spent years absorbed in “the G’s” – 4G, 5G, and now 6G – the hyperscalers have been rewriting the broader narrative of computing. Telcos have fed every stage of that evolution through their pipes and platforms, yet by some measures they still end up cast as plumbers.
The explosion at Intel’s Kiryat Gat chip fabrication facility in Israel earlier this month will cost the company about $600 million in lost revenue across two quarters, the company said during its Q3 2026 earnings call. Describing the incident as an “unfortunate and tragic accident,” Intel CEO Lip-Bu Tan told analysts that the incident led to a two-week shutdown of the factory, which will impact the chipmaker’s Q4 10-nanometer server shipments. Two workers were killed,…
The scale of AI data centers is typically described in terms of three resources: cost, number of GPUs (i.e., cluster size), and the amount of power required. That's because those resources are key constraints that determine how much AI processing a data center will be able to perform. But there’s another constraint that has quietly become just as critical: the back-end network that connects GPUs.
California’s independent system operator, CAISO (California Independent System Operator), has proposed new rules for connecting large loads, such as data centers, to the state's grid. Earlier this week, the ISO said that its board approved a new proposal that seeks to enable large loads to interconnect faster to the transmission system. The transmission operator will now file the proposal with the Federal Energy Regulatory Commission (FERC) by its November 16 deadline.
APAC data center developer DayOne has signed a deal with Singaporean Virtual Power Plant (VPP) company Blue Whale Energy to study the feasibility of a distributed VPP in Singapore. The companies signed a non-binding Memorandum of Understanding (MoU) to explore a real-time solution to coordinate a distributed battery energy storage system (BESS) network linking battery storage at DayOne's upcoming SG1 data center with suitable third-party commercial and industrial sites.…
Enterprise spending on cloud infrastructure services in Q3 jumped 55 percent year-over-year, the 12th consecutive quarter of growth, according to Synergy Research Group. Synergy’s latest cloud market growth data revealed that global cloud revenue reached $168 billion in Q3 2026, more than double the revenue in the same period in 2024. Growth was seen in all regions globally.
Canadian renewable firm PowerBank has announced plans to develop a 2MW modular data center in Ontario, Canada. According to the company, it will build the data center with a joint development partner, with which it has signed the first lease for the project. The company plans to lease the powered shell to an AI cloud operator, which would install and run its own GPUs.
US data center operator Sabey Data Centers has commenced a pilot project testing the use of hydrotreated vegetable oil (HVO) as a diesel replacement for backup generators at its Austin data center. According to the company, it is testing HVO as the primary fuel source in data center backup generators to determine its feasibility for broader use across the company's data center portfolio. Sabey also said the pilot will determine how well HVO performs under real-world…
This is the second in a two-part feature on opposition to data centers in the US. “I need a data center in my neighborhood / I want a data center in my town / Please put a data center in my neighborhood / That way, my rent might actually go down,” reads the lyrics to Data Center, a tongue-in-cheek, lo-fi rap track by Hovey Benjamin. “I don’t care about the noise / I'm out here getting hearing damage with the boys / Maybe I could get lung damage too / Just so you can ask,…
As enterprise AI shifts from experiments to production, organizations are entering a "second wave" requiring dedicated, self-managed environments. Because standard public clouds cannot address enterprise governance, operational, and thermal demands, relying on them risks stranded capital, capacity bottlenecks, and deployment friction. Developed by Vertiv and STL Partners, this whitepaper provides a seven-step framework to help IT leaders move beyond the…
APAC data center developer DayOne has signed a non-binding Memorandum of Understanding with Singaporean power company Sembcorp Utilities to explore the integration of power and energy solutions at DayOne’s data centers across Asia. According to the companies, the MoU will evaluate solutions across areas including on-site power infrastructure and generation, renewable energy supply, and operations and maintenance services. DayOne said that the MoU is part of its…
Risk in data center development once flowed predictably: developers delivered facilities, contractors managed construction risk, and vendors supplied equipment against defined standards. AI-driven demand has disrupted that logic. Power, equipment and specialist labor are scarce, and the parties best able to control delays may also have the leverage to refuse responsibility for them or charge heavily for accepting it.
T-Mobile chief technology officer John Saw has boldly claimed that the carrier will win the race to launch 6G in the US. Saw made the comments during the carrier's third-quarter earnings call this week, as the mobile operator reported that service revenues grew 6 percent year-on-year (YoY). While discussion was heavily centered on AI's increasing impact at T-Mobile, as covered by DCD's sister publication, SDx Central, here, the topic of 6G came up too.
Virgin Media O2 (VMO2) is nearing a deal that will see the UK telco use rival BT's Openreach broadband network in areas not covered by its existing network. The Financial Times has reported that the deal is close to being agreed as Virgin Media O2 looks to scale back on planned upgrades and the expansion of its own infrastructure amid concerns over its £22 billion ($29.55bn) debt pile. Sources told the FT that VMO2 will use Openreach's network, which is expected to reach…
German neuromorphic supercomputing company SpiNNcloud has rebranded as Sparxity and announced the deployment of a sparse-native computing rack system at the Jülich Supercomputing Centre (JSC) in Germany. The company said the multi-million-dollar installation will be used to run sparse machine learning models and large-scale HPC simulations. In a statement announcing the news, Sparxity said its new brand identity reflects its vision to “only compute what matters.” As…
Modular data center provider DXN has lost a neocloud customer. The company this week announced Q1 FY27 revenues of AU$3.4 million (US$2.39m), up 340 percent on the same quarter last year (from AU$700,000). However, the company noted its US-listed neocloud customer informed DXN that following a “strategic shift in its business,” the unnamed client has cancelled its AU$8.8 million (US$6.19m) AI HPC contract.
UK fiber broadband provider Openreach has sounded the alarm over the upcoming PSTN switch-off. PSTN stands for the Public Switched Telephone Network. It is the traditional analog network in the UK that uses copper cables to carry landline voice calls between users.
AI-driven data center growth across the Americas is exposing critical limitations in existing power infrastructure. Lengthy grid interconnection queues, transmission constraints and permitting delays are creating a growing gap between the demand for electricity and the ability to deliver it. This whitepaper from Wärtsilä examines how developers can overcome these challenges through a new approach to data center power, exploring off-grid and co-location solutions,…
A data center development could be coming to Glasgow, Scotland. The Glasgow Bell reports that a local automotive company is potentially looking to develop a data center in the north of the city. Citing documents sent to the local council planning department and seen by the publication, the Bell reports that Allied Vehicles is exploring the possibility of building a data center on land along Carlisle Street opposite Cowlairs Park.
CARLA 2026: Latin America Looks Past Bigger Machines CARLA, the Latin American High Performance Computing Conference, came to Córdoba, Argentina, for the first... Once again, it is time for HPC Career Notes, our monthly feature that’s designed to keep you up-to-date on the latest career developments for individuals in the HPC community, including promotion, new company hires, and accolade. Check in each month for an updated list and you may even come across someone you…
CERN Partners With Mistral to Build a New Kind of AI for Physics CERN, the world’s largest particle physics laboratory, has spent decades collecting enormous amounts of data... What the AI race is a contest over, and why the cheapest capable model may win In part 1 of this series, I looked at where the US and China stand after two decades of investment. This installment asks the question the public debate tends to skip: when people say “winning the AI race,” what does…
Off the Wire Press Releases The collaboration will identify joint high-impact projects in biomedical research, innovative therapy development, and scientific acceleration Oct. 30, 2026 — The Barcelona Supercomputing Center – Centro Nacional de Supercomputación (BSC-CNS) and AstraZeneca have signed a strategic collaboration agreement aimed at accelerating the application of supercomputing, artificial intelligence, and advanced data analytics in biomedical research, the…
AI - Domestic droid gone amok? Don't worry, you're covered Insurance firms look to insulate domestic humanoid robot owners against the inevitable chaos they will bring - Google's search revenue Ferrari hits an AI-powered speed bump Just wait 'til we add more AI and this thing'll really fly - AWS installs an AI accelerator every 14 seconds and eyes $1 trillion annual revenue Before long, we could be writing about a cloud company with a retail side hustle - Oracle wants to…
AI - Domestic droid gone amok? Don't worry, you're covered Insurance firms look to insulate domestic humanoid robot owners against the inevitable chaos they will bring - Google's search revenue Ferrari hits an AI-powered speed bump Just wait 'til we add more AI and this thing'll really fly - AWS installs an AI accelerator every 14 seconds and eyes $1 trillion annual revenue Before long, we could be writing about a cloud company with a retail side hustle - Oracle wants to…
AI - Domestic droid gone amok? Don't worry, you're covered Insurance firms look to insulate domestic humanoid robot owners against the inevitable chaos they will bring - Google's search revenue Ferrari hits an AI-powered speed bump Just wait 'til we add more AI and this thing'll really fly - AWS installs an AI accelerator every 14 seconds and eyes $1 trillion annual revenue Before long, we could be writing about a cloud company with a retail side hustle - Oracle wants to…
AI - Domestic droid gone amok? Don't worry, you're covered Insurance firms look to insulate domestic humanoid robot owners against the inevitable chaos they will bring - Google's search revenue Ferrari hits an AI-powered speed bump Just wait 'til we add more AI and this thing'll really fly - AWS installs an AI accelerator every 14 seconds and eyes $1 trillion annual revenue Before long, we could be writing about a cloud company with a retail side hustle - Oracle wants to…
AI - Domestic droid gone amok? Don't worry, you're covered Insurance firms look to insulate domestic humanoid robot owners against the inevitable chaos they will bring - Google's search revenue Ferrari hits an AI-powered speed bump Just wait 'til we add more AI and this thing'll really fly - AWS installs an AI accelerator every 14 seconds and eyes $1 trillion annual revenue Before long, we could be writing about a cloud company with a retail side hustle - Oracle wants to…
AI - Domestic droid gone amok? Don't worry, you're covered Insurance firms look to insulate domestic humanoid robot owners against the inevitable chaos they will bring - Google's search revenue Ferrari hits an AI-powered speed bump Just wait 'til we add more AI and this thing'll really fly - AWS installs an AI accelerator every 14 seconds and eyes $1 trillion annual revenue Before long, we could be writing about a cloud company with a retail side hustle - Oracle wants to…
AI - Domestic droid gone amok? Don't worry, you're covered Insurance firms look to insulate domestic humanoid robot owners against the inevitable chaos they will bring - Google's search revenue Ferrari hits an AI-powered speed bump Just wait 'til we add more AI and this thing'll really fly - AWS installs an AI accelerator every 14 seconds and eyes $1 trillion annual revenue Before long, we could be writing about a cloud company with a retail side hustle - Oracle wants to…
AI - Domestic droid gone amok? Don't worry, you're covered Insurance firms look to insulate domestic humanoid robot owners against the inevitable chaos they will bring - Google's search revenue Ferrari hits an AI-powered speed bump Just wait 'til we add more AI and this thing'll really fly - AWS installs an AI accelerator every 14 seconds and eyes $1 trillion annual revenue Before long, we could be writing about a cloud company with a retail side hustle - Oracle wants to…
The UK's top health quango has called on family doctors to figure out how to preserve health information and get in touch with patients after a website provider collapsed earlier this month. NHS England has taken the unusual step of writing to GPs, warning them of the risks to patient information and continuity of service following the disruption to potentially hundreds of practices around the UK. Silicon Practice Digital Health Solutions — owned by Schappit Ltd — has…
AI - Domestic droid gone amok? Don't worry, you're covered Insurance firms look to insulate domestic humanoid robot owners against the inevitable chaos they will bring - Google's search revenue Ferrari hits an AI-powered speed bump Just wait 'til we add more AI and this thing'll really fly - AWS installs an AI accelerator every 14 seconds and eyes $1 trillion annual revenue Before long, we could be writing about a cloud company with a retail side hustle - Oracle wants to…
Accenture is using AI across its recruiting process, although it maintains that final hiring decisions remain in human hands. Speaking to at its recent investor day, the global tech consultancy and outsourcing biz said it was using AI agents to sift through resumes (or CVs if you’re in the UK) and schedule interviews. Kate Clifford, global chief leadership and HR, said it was helping clients adopt a similar application of the nascent technology.
AI - Domestic droid gone amok? Don't worry, you're covered Insurance firms look to insulate domestic humanoid robot owners against the inevitable chaos they will bring - Google's search revenue Ferrari hits an AI-powered speed bump Just wait 'til we add more AI and this thing'll really fly - AWS installs an AI accelerator every 14 seconds and eyes $1 trillion annual revenue Before long, we could be writing about a cloud company with a retail side hustle - Oracle wants to…
AI - Domestic droid gone amok? Don't worry, you're covered Insurance firms look to insulate domestic humanoid robot owners against the inevitable chaos they will bring - Google's search revenue Ferrari hits an AI-powered speed bump Just wait 'til we add more AI and this thing'll really fly - AWS installs an AI accelerator every 14 seconds and eyes $1 trillion annual revenue Before long, we could be writing about a cloud company with a retail side hustle - Oracle wants to…
NASA has posted a contract opportunity notice, also known as a request for information, from commercial space orgs who can service the Hubble Space Telescope. Hubble was always looked after by NASA astronauts flying on the Space Shuttle, yet the last Hubble Space Telescope (HST) servicing mission was the STS-125 Space Shuttle flight, launched on May 11, 2009. At the time, scientists hoped the mission would add another five years of operational life to the venerable…
AI - Domestic droid gone amok? Don't worry, you're covered Insurance firms look to insulate domestic humanoid robot owners against the inevitable chaos they will bring - Google's search revenue Ferrari hits an AI-powered speed bump Just wait 'til we add more AI and this thing'll really fly - AWS installs an AI accelerator every 14 seconds and eyes $1 trillion annual revenue Before long, we could be writing about a cloud company with a retail side hustle - Oracle wants to…
AI - Domestic droid gone amok? Don't worry, you're covered Insurance firms look to insulate domestic humanoid robot owners against the inevitable chaos they will bring - Google's search revenue Ferrari hits an AI-powered speed bump Just wait 'til we add more AI and this thing'll really fly - AWS installs an AI accelerator every 14 seconds and eyes $1 trillion annual revenue Before long, we could be writing about a cloud company with a retail side hustle - Oracle wants to…
AI - Domestic droid gone amok? Don't worry, you're covered Insurance firms look to insulate domestic humanoid robot owners against the inevitable chaos they will bring - Google's search revenue Ferrari hits an AI-powered speed bump Just wait 'til we add more AI and this thing'll really fly - AWS installs an AI accelerator every 14 seconds and eyes $1 trillion annual revenue Before long, we could be writing about a cloud company with a retail side hustle - Oracle wants to…
When you're ordering food from your phone, even time spent navigating the app is time wasted. At the P99 2026 virtual conference, Elvis Chidera, a staff engineer at Germany-based global delivery service Delivery Hero, explained how the company moved most of its user base to HTTP/3, and consequently cut its apps’ total end-to-end response time of the home screen by 17 percent. Chidera, who managed the project, explained that, as promised on the tin, HTTP/3 delivers the web…
This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Hello, this is Leonie Kidd with today's edition of Morning Squawk.
Taiwanese electronics giant Hon Hai Technology Group, or Foxconn, is looking to expand its artificial intelligence server market share and boost manufacturing in the United States, as demand for AI infrastructure shows little sign of slowing, Chairman Young Liu told CNBC. In an interview with CNBC's Christine Tan, Liu said Foxconn's share of the global AI server market could reach 50% in a couple of years, potentially rising to around 45% next year. "I think we can grow…
Shares of Reddit cratered 29.22% on Friday, the worst drop since becoming a public company in 2024, after the company forecast weak fourth-quarter sales in its latest earnings report. The previous record low was set on July 31, when the stock dropped 20.99%. The social media company on Thursday projected fourth-quarter sales between $1 billion and $1.03 billion, below analysts' estimates of $1.05 billion.
Companies try to strike balance between adopting technology quickly and mitigating potential ethical and reputational harms
Google owner admits ‘AI mode’ has hurt traditional search as sales and profits undershoot expectations
Leaders are becoming fluent in the technology, but they cannot trust everything with it
Coaching and development products help offer advice, but need to be treated cautiously
Agentic tools are helping to make everyday tasks more efficient, allowing leaders to focus more on strategy
Darren Loucaides investigates the Russian tech billionaire behind the messaging platform and the anti-authoritarian mystique that helped it attract a billion global users
Tariffs, immigration restrictions and skilled labour shortages make it hard for the US to boost production
IPO filing leaves open questions about the state of the company’s business and the wider sector
Executives need to rethink their roles and skills as AI evolves; agentic tools free up time for strategy; governance risks
Security breach at world’s largest cryptocurrency exchange is latest in wave of digital thefts
Cash burn at Google, Amazon and Meta leads Wall Street to question price of AI boom
Revelations that Anthropic could receive junk rating after IPO add to concerns over industry borrowing spree
Chevron Corp. expects to power up a Microsoft Corp. data center project in West Texas on schedule despite Governor Greg Abbott’s suspension of digital infrastructure permits.
Facing financial pressure, the video-game publisher chose ‘Star Wars’ over ‘Mass Effect’
Bloomberg’s Ed Ludlow looks at the fall in Intel shares as a bleak outlook exposes the chipmaker's struggle with a deepening PC slump and difficulty meeting CPU demand. Plus, AWS CEO Matt Garman discusses the cloud giant's accelerating growth and massive AI buildout. And, Bitcoin tumbles after hackers siphoned off $6.3 billion from Binance in an attack that rocked the crypto world. (Source: Bloomberg)
Anthropic’s technical expertise, innovation and efficient use of compute set it apart in the AI landscape, says Peter Singlehurst, head of the Private Companies Team at Baillie Gifford. Singlehurst discusses why Anthropic’s governance structures – giving its seven founders voting control – are good for long-term investors. He joins Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
The record-setting $6.3 billion hack of Binance, the world’s biggest cryptocurrency exchange, has been blamed on alleged North Korean hackers, who have become infamous for preying on the digital-asset industry.
Wall Street got a reality check as a bruising selloff in technology shares fueled concern the artificial-intelligence frenzy might be overblown. Eric Weiner has more. (Source: Bloomberg)
The five largest players in the data center race have committed more than $3 trillion in spending over the coming years, pointing to massive ongoing investment in AI infrastructure.
FuelCell Energy President and CEO Jason Few discusses public concerns over higher utility bills, water use and fossil-fuel infrastructure. Discussing a proposed project in Newport Township, Pennsylvania, where FuelCell Energy would supply power but is not the developer, Few said communities should have a say and projects should be judged on their actual effects—not rejected simply because they are data centers. He speaks with Romaine Bostick & Kristine Aquino on "The…
On this episode of the Power On podcast, Chris Welch joins Mark Gurman to unpack reports of cracked displays and why Apple’s limited supply has made getting a replacement so difficult. (Source: Bloomberg)
Intercontinental Exchange joined forces with one of the market operators behind offshore crypto-trading platform Hyperliquid as it seeks to bring perpetual futures products into US regulated markets. ICE and Trade.xyz are planning a new market for trading perpetual futures contracts, with its own clearing, know-your-customer and anti-money laundering systems. Jeff Sprecher, Intercontinental Exchange Founder, Chair and CEO, joins Bloomberg Businessweek Daily to discuss the…
S&P Global Ratings took an early step toward potentially downgrading Meta Platforms Inc.’s credit rating within the next two years, amid growing pressure on the tech company’s balance sheet stemming from elevated spending tied to artificial intelligence.
Artificial intelligence startup Baseten is set to raise new funding that would more than double its valuation to about $30 billion, according to people familiar with the efforts.
Artificial Intelligence Preview web apps live as your coding agent builds them with Amazon Bedrock AgentCore runtime Coding agents now build working web apps: a dashboard, a product page, a prototype that a product team wants to try. The fastest way to review that work is to open the app, use it, ask for a change, and check the result. That loop works well when the app keeps running where the agent edits it, so each change shows up in the browser within seconds.
Artificial Intelligence How Worldwide Express automated freight exceptions with Amazon Bedrock Worldwide Express (part of ShipStation Global) had built something big: approximately $5 billion in systemwide revenue, over 75 less-than-truckload (LTL) carriers and more than 130,000 customers. But that same scale had a hidden cost. Every month, $15 million in free cash flow sat frozen, locked in billing exceptions no one had resolved yet.
Artificial Intelligence Configure the ChatGPT desktop app with Amazon Bedrock in AWS GovCloud (US) The ChatGPT desktop app is now available on Amazon Bedrock in AWS GovCloud (US), providing access to OpenAI’s frontier models through two components. Work completes complex, multi-step tasks and delivers review-ready results, and Codex is a coding agent for developing, testing, and reviewing software. This walkthrough is intended for organizations whose security architecture…
Artificial Intelligence Managing Amazon Bedrock costs end to end: A playbook for FinOps and platform teams Cost management for generative AI is a shared responsibility between the teams that build applications and the teams accountable for cloud spend. Many teams start by comparing per-model token rates and asking application teams to shorten prompts. Those steps help, but they don’t answer the questions that finance and engineering leaders ask as usage scales: which team…
Gary Eimerman Managing Director, Google Cloud Learning Today Google Skills is sharing new, industry-specific video learning bundles to get you into Gemini and using agents. One bundle is designed for financial services and one is built specifically for those in the legal profession. You can access all of these videos at no cost on Google Skills today.
Technical Solutions Engineer Every support engineer has a case that stays with them. The one that comes up at team lunches. The one where, even after it's resolved, you find yourself staring at a packet capture at midnight just to make sure you really understand what happened.
Shruthi Nambi Senior Product Manager Today, we’re announcing that spend caps on Google Cloud Budgets are generally available. With this release, we’re delivering ways to protect your workloads from runaway costs without risking resource deletion. More importantly, we’re introducing three major updates, directly inspired by your feedback since the initial preview, to bring programmability, real-time visibility, and automated guardrails to your cost-control playbook.
AI is expanding beyond the data center as developers build a new generation of agents to act at the edge: monitoring driver attention and cabin conditions, helping robots understand their surroundings and plan tasks, and coordinating fleets of machines on production lines. These physical AI applications rely on models that perceive, reason, and act within tight memory, power, and latency budgets. But getting a model ready to run can involve substantial setup.
Building an autonomous agent requires a model, a harness, and domain-specific tools. To deploy an agent more securely, developers need a runtime that enforces policies, along with optimization and observability tools for reliable execution. For production agents, the challenge lies in making these agents capable and safe to operate with access to real enterprise systems and data.
NVIDIA GPUDirect Storage (GDS) accelerates GPU storage access in on-premises and cloud environments. It provides a robust, portable, and efficient data path between NVIDIA GPUs and storage targets to increase bandwidth, minimize latency, and reduce CPU and memory utilization across a broad range of platforms, application frameworks, and workload patterns. Configuring NVIDIA GPUDirect Storage starts with understanding your environment.
Teams building AI applications need a repeatable path from a model configuration to a working inference endpoint. NVIDIA Dynamo is a distributed inference framework that coordinates model serving across GPU workers. Deploying it on Kubernetes is only a first step.
AI AI Arms Race Puts Sovereign Supply Chains in the Spotlight During the Cold War, developing the atomic bomb was the first step toward building even more powerful nuclear weapons. That same logic now applies to the AI arms race. For nations like South Korea in particular, having the most powerful AI accelerator is secondary to having one that is domestically sourced or manufactured and eliminating its dependency on the US.
While science fiction lore tells us that humans will meet extraterrestrial life in the form of little green men, the detail that should raise hairs this Halloween is this: the search for extraterrestrial intelligence took a major leap forward with AI, and it increasingly focuses on AI agents built by humans listening for AI agents built by aliens. Some scientists have suggested that extraterrestrial civilizations, if they exist, could be billions of years older than…
firm says it will cover losses as stablecoin networks move to freeze $2.4b in stolen assets SpookITober refuses to end. Update, Friday 30 Oct, 6:30 am ET: This developing story has been updated with information from Binance regarding how its system was compromised, and reports from security outlets claiming North Korea may be responsible. These details have been added to the story below.
suspects imported hardware from Europe and China, then traded tips on concealing activation logs Tesla’s FSD jailbreak crackdown comes with a $15,000 sting and possible prison time South Korean authorities have identified 80 Tesla drivers who allegedly forced Full Self-Driving (FSD) onto cars that were never cleared for it, Electrek reports. The Seoul Metropolitan Police Agency says it confiscated 21 of the devices used to switch the feature on. The unlock modules…
Mausstudio automatically detects buttons, screwholes, and sensor locations Mausstudio lets you design a 3D-printable gaming mouse shell without learning CAD. Bastian Recha, “Unskilledcast,” is a German former CS:GO commentator, tech reviewer, and 3D printing enthusiast. On October 28, he posted a demo of his “Mausstudio” project on X that generates a customizable mouse shell around an imported 3D model of a mouse PCB intended for 3D printing — all running locally and not…
Nvidia’s Vera CPU is an important next step in the company’s years-long spearheading of AI infrastructure buildout. It’s arriving just as the shift to agentic AI workflows has created unprecedented demand for data center CPUs, and it’s designed specifically for this moment, at least according to Nvidia’s marketing bullet points. Although the idea that anyone developed a CPU for a shift in demand that arose just six months ago is reaching, as our benchmarks below show,…
816 acres of forest destroyed in Finland as wolves flee into local villages, facility threatens 40% power bill hikes The local Fins have a reputation for their low propensity for data center protests, but they are being tested. A criminal investigation into the environmental damage caused by Google’s Finnish subsidiary has been launched. Tuike Finland Oy is being investigated after five complaints were received regarding the Muhos data center project, according to an…
more than 4,300 production-line staff to receive three bonuses of more than $31,000, plus quarterly profit bonuses starting next year Micron’s Taoyuan union is still fighting over pay, though. Some 700 Micron employees in Taiwan will receive five years’ worth of salary in bonuses as the company announced three bonuses in a single payout. According to Digitimes, this accounts for about 17% of the over 4,300 production-line employees working at Micron Taiwan.
four lower-power-efficiency cores, no performance cores, and a 6W TDP A welcome refresh for ultra-budget laptops and mini-PCs. After Intel let loose its Panther Lake chips earlier in this year, followed by Wildcat Lake in April, the firm has been pretty quiet about upcoming consumer CPUs. Known leaker Jaykihn just let a tiny cat out of the bag, though: the base specs for Moon Lake.
president plucks former startup founder, telling him to 'go nuts' Cisco's president is betting on Gen Z to change the company In a world where youth unemployment is growing as AI replaces more and more entry-level jobs, Cisco president and chief product officer Jeetu Patel is going for a different approach. According to a report by Fortune, he's given a 27-year-old ex-startup founder — brought into the company by an earlier acquisition, and previously languishing in a…
Everyone knows about hallucination, but a handful of topics are often unclear. As hardware for running local AI models continues to move to the forefront, such as Nvidia's RTX Spark, a new set of acronyms, definitions, and terminology is popping up. Given the pace of releases, we've put together a list of AI's new nomenclature to familiarize you with new concepts and pieces of terminology that you'll likely see in Tom's Hardware Premium articles.
This budget-focused desktop gaming PC is on sale for a steal at Walmart. Right now, you can save a tidy $350 when you purchase the ABS Cyclone Aqua gaming PC for just $849. A superb deal when you consider the current pricing for PC hardware in general.
This weekend we celebrate all things Warhammer, and although it might be sharing the date with Halloween, fans of the grimdark franchise will be looking towards a different kind of spooky chaos, and things that materialize from the warp. Warhammer Day 2026 takes place this October 31st, and this is a good time to grab a deal or pick up a gift for yourself to adorn your desktop setup. Maybe even pick up the latest Warhammer 40K-inspired PC games to really jump into the fray.
Sam Altman says data centers offer better utilization With data centers full of RAM, your PC is apparently the problem. OpenAI CEO Sam Altman has data centers full of memory, but seemingly it's the 32GB of RAM in your desktop that's the problem. In an interview over beers with the YouTube channel Cheeky Pint, Altman said that local inference, and, by extension, people having DRAM in computers at home, is "quite terrible." When discussing local inference on home computers…
8x8 lab prototype loses less light than rivals, with plans to develop larger devices Google’s mirror switches have 136 ports; PsiQuantum’s chip has eight, with larger devices in development. PsiQuantum, a quantum computing company, announced in a release earlier this week that it has turned its low-loss silicon photonics into an optical switch for use in AI data centers. Every optical switch typically comes with loss of light: the more light a switch receives, the less…
First, it was the GeForce RTX 5090, and now the GeForce RTX 5080 – two of the best graphics cards have gone dark. After the Blackwell flagship left Nvidia's marketplace, the GeForce RTX 5080 followed suit. Prices for the sub-flagship have exploded to more than 2.2X its original $999 MSRP, and the Blackwell-powered graphics card is slowly going out of stock at various U.S. retailers.
PC market bloodbath leaves few chip stocks unscathed $1 trillion in semiconductor market capitalization wiped out. Intel's shares plunged 30% on Friday, wiping out nearly $150 billion in market capitalization in a single day, the largest single-day loss in the company's history. The decline followed a disappointing financial outlook, largely driven by an anticipated drop of more than 20% in sales at Intel's client computing group (CCPG), the company's main cash cow.
Intel faces a tough challenge as manufacturing bottlenecks and rising memory costs impact PC sales despite strong data center growth. The post Intel’s Q3 Results Show Supply Chain Disruptions and PC Plunge appeared first on EE Times.
Agents present a bursty workload, leaving CPUs frequently idle, which is placing new demands on CPU infrastructure. The post Google: Agentic AI Will Drive New Demands on Data Center CPUs appeared first on EE Times.
According to DIGITIMES observations and analysis, smartphone memory contract prices in the first half of 2026 often rose 50% to 80% quarter-over-quarter. In the second half of 2026, the pace of increases slowed, but prices still ran 10% to 20% above the first half of 2026, prompting Chinese smartphone vendors to keep cutting shipments of low- to mid-priced models and raising selling prices across their product lines. DIGITIMES statistics show that total shipments by…
Over the past year, politicians and AI executives have floated ideas for a sovereign wealth fund or other ways of giving the American public a stake in the AI boom. Some of the biggest public pension plans are poised to get a taste of the action long before those proposals come to fruition. Pension plans representing public employees in Orange County, Los Angeles, Massachusetts and South Carolina are positioned to get sizeable payouts from Anthropic’s expected initial…
Cyera, a five-year-old cybersecurity startup focused on protecting corporate data against AI-powered attacks, has spoken to investors about raising capital in a round that would nearly double its valuation to $20 billion, according to people familiar with the matter. The talks, which are in an ...
OpenAI has lowered the amount of capital it is seeking from investors in its latest fundraising round by $10 billion, according to a Friday report by The Financial Times. The company was initially seeking to raise $30 billion at a $1.4 trillion valuation. It lowered the valuation last week to ...
U.S. stocks dropped sharply Friday as disappointing quarterly results from Amazon and Intel intensified the tech selloff of the past two days. The Nasdaq Composite dropped almost 3%, while the S&P 500 dropped almost 2% and the Dow Jones Industrial Average dropped 1%. The tech-heavy Nasdaq ...
Amazon disclosed a new up to $80 billion loan facility to purchase technology infrastructure assets in its third quarter results filing. Amazon can borrow from the facility between the first quarter of 2027 and the third quarter of 2028, and the debt is due five years from the date Amazon ...
S&P Global Ratings lowered its credit rating outlook on Meta Platforms to negative from stable, saying the company’s ability to monetize its fast-rising AI investments is “more limited than that of its peers.” The announcement Friday comes after Meta last week reported negative free cash ...
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On Friday, Andy Yen, the CEO of Proton, cancelled a series of nearly company-wide ‘re-interviews’ that would have forced employees to explain how they are using AI, with the clear intention that they may be fired if not using it enough in the eyes of Proton leadership, according to six current Proton employees and audio of an around two hour all-hands meeting obtained by 404 Media. The move came after 404 Media published an investigation on Thursday, which showed how Yen…
Cryptocurrency firms and investigators are racing to freeze and track down billions of dollars of stolen digital cash following what appears to be the largest crypto heist of all time. On Thursday, starting at around 4pm ET, hackers started quickly siphoning around $6.3 billion in cryptocurrencies, spread across multiple blockchains, from wallets belonging to crypto exchange Binance. Following the theft, Binance almost immediately suspended all deposits and withdrawals…
TL;DR Phorion has detected a backdoor in the official Claude Code for VS Code extension bundle on the Cursor Marketplace that drops a persistent SSH backdoor across macOS, Linux, and Windows. This write-up focuses primarily on macOS, where the extension attempts to configure an SSH backdoor and establish persistence. Organisations should immediately review their environments for use of Claude Code for VSCode 2.1.312 or 2.1.313 and engage incident response where use of the…
Material company and market changes with a grounded implication, principal uncertainty, and only direct track-record history. This is decision support, not investment advice.
Observed demand and product openings grounded in retained community or market evidence. Volume grows only when more ideas clear the same bar.
Early changes in how people work, buy, and organize—kept separate from product ideas so a visitor can scan the edition by intent.
Software developers and enthusiasts are actively adopting specialized high-memory local hardware configurations, such as 128GB mini-PCs and unified memory systems, to run and test advanced AI models and agentic workflows directly on personal devices without relying on cloud infrastructure.
Why now: The introduction and popularity of high-memory architectures like AMD Ryzen AI Max+ mini-PCs and NVIDIA DGX Spark units provide developers with substantial unified memory capacities, directly meeting the hardware demands of running local agents and complex open-weight models on-device.
Uncertainty: The retained documents lack quantitative metrics regarding actual enterprise deployment volumes, market share across competing hardware form factors, or the specific percentage of individual developers utilizing local versus cloud resources.
While AI coding assistants successfully help engineers generate large volumes of functional code more quickly, human code review processes have significantly increased in length, resulting in higher friction and pulling requests requiring more revisions and reviewer comments.
Why now: Accelerating code generation without adapting review workflows creates severe downstream bottlenecks, leaving firms experiencing the same or increased overall friction despite faster individual coding phases.
Uncertainty: The long-term organizational impact across diverse legacy codebases versus greenfield projects remains difficult to quantify uniformly.