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Category: Economy

Palantir tops estimates, boosts fourth-quarter guidance on AI adoption
Economy

Palantir tops estimates, boosts fourth-quarter guidance on AI adoption

November 3, 2025

Palantir's earnings topped third-quarter results and the company issued strong guidance, attributing much of its rapid growth to artificial intelligence.…

Economy

Berkshire’s operating earnings jump 34%, Buffett buys back no stock and raises cash hoard to $381 billion

November 2, 2025

Berkshire's operating profit generated from the conglomerate's wholly owned businesses including insurance and railroads jumped 34% in the third quarter. ...

Evolve Bank CEO fired after propositioning FBI agent who pretended to be a teen boy
Economy

Evolve Bank CEO fired after propositioning FBI agent who pretended to be a teen boy

November 2, 2025

In August, Evolve hired Hartheimer, who brought experience in financial regulatory matters, to help the bank recover from the collapse…

Economy

Global week ahead: Is Novo Nordisk past ‘peak uncertainty’?

November 2, 2025

CNBC's Charlotte Reed will travel to Copenhagen to speak with Novo Nordisk's new CEO after a bumpy few months. ...

Microsoft plans to hire more but with ‘a lot more leverage’ thanks to AI, CEO Satya Nadella says
Economy

Microsoft plans to hire more but with ‘a lot more leverage’ thanks to AI, CEO Satya Nadella says

November 2, 2025

The company wants to ensure that all of its employees can access its Microsoft 365 and GitHub Copilot artificial intelligence…

While AI spending is top of mind, online ads are driving a lot of Big Tech’s growth
Economy

While AI spending is top of mind, online ads are driving a lot of Big Tech’s growth

November 2, 2025

Meta, Amazon, Alphabet and Microsoft reported quarterly earnings that showed rising digital ad sales and increased AI infrastructure spending. ...

Tariffs are expected to start showing up more in consumer prices as holiday shopping season starts
Economy

Tariffs are expected to start showing up more in consumer prices as holiday shopping season starts

November 1, 2025

Impacts have been muted so far as companies built up inventories ahead of the duties and have absorbed some of…

Musk teases Tesla Roadster demo by year-end. He’s been hyping a new one since 2017
Economy

Musk teases Tesla Roadster demo by year-end. He’s been hyping a new one since 2017

November 1, 2025

Tesla's Elon Musk told Joe Rogan that his company is aiming to develop a redesigned version of the Roadster before…

Treasury Department announces new Series I bond rate of 4.03% for the next six months
Economy

Treasury Department announces new Series I bond rate of 4.03% for the next six months

November 1, 2025

The U.S. Department of the Treasury has announced new Series I bond rates through April 2026. ...

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Crypto World

1
Cryptocurrency

CZ pardon was considered with ‘utmost seriousness,’ White House says

November 5, 2025

The White House carefully considered Binance founder Changpeng Zhao’s pardon and went through the standard processes before sending it to President Donald Trump for his approval, says White House press secretary Karoline Leavitt.Trump defended the…

2
Cryptocurrency

ZKsync creator floats governance token revamp to add ‘economic utility’

November 5, 2025

The co-creator of the Ethereum-scaling solution ZKsync has proposed a major overhaul of its governance token, arguing it should prioritize “economic utility.”In a post on Tuesday to the ZKsync forum, Alex Gluchowski argued that while…

3
Cryptocurrency

Strategy won’t face Bitcoin liquidation in the next bear market: Willy Woo

November 5, 2025

Michael Saylor’s Strategy (MSTR) won’t have to sell off part of its Bitcoin stash to cover its debt in the next significant crypto market downturn, according to Bitcoin analyst Willy Woo.“MSTR liquidation in the next…

4
Cryptocurrency

Crypto exchange Gemini eyes integrating prediction markets: Report

November 5, 2025

Crypto exchange Gemini Space Station Inc. is reportedly preparing to enter the prediction markets arena, following similar moves by the likes of Coinbase and MetaMask in recent months.Gemini is looking to enter the prediction markets…

Economy

Economy

Nvidia deepens India footprint with $2 billion deep tech alliance to mentor AI startups

November 5, 2025
Economy

Democratic candidate Mikie Sherrill wins New Jersey governor’s race, NBC News projects

November 5, 2025
Economy

SoftBank market cap drops by about $32 billion as Asian AI stocks slide on valuation jitters

November 5, 2025
Economy

Ozempic maker Novo Nordisk lowers growth outlook for its weight loss drugs as pricing pressures mount

November 5, 2025
Economy

Democrats win big on Election Night in key races

November 5, 2025
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