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—— Oracle Delays Completion of Some OpenAI Data Centers; Broadcom Shares Sink After AI Sales Outlook Disappoints; South Carolina Measles Outbreak Puts 300+ in Quarantine; Saks Debt Slides as Interest Payment Looms; US States Sue Trump Administration Over $100,000 H-1B Fee; House Democrats Release New Epstein Estate Photos; X Revenue Jumps 17% in Q3 1. …

Continue reading “Market Beats | Oracle Delays Completion of Some OpenAI Data Centers; Broadcom Shares Sink After AI Sales Outlook Disappoints; South Carolina Measles Outbreak Puts 300+ in Quarantine; Saks Debt Slides as Interest Payment Looms; US States Sue Trump Administration Over $100,000 H-1B Fee; House Democrats Release New Epstein Estate Photos; X Revenue Jumps 17% in Q3”

—— US Jobless Claims Jump by Most Since Pandemic Began; US Trade Deficit Narrows to Smallest Since 2020; Lilly Weight-Loss Shot Cuts Body Weight by 23%; Disney Invests $1 Billion in OpenAI; Oracle Shares Plunge as AI Data Center Spending Surges; Two Chinese AI Startups Plan Hong Kong IPOs Within Weeks 1. US Jobless Claims …

Continue reading “Market Beats | US Jobless Claims Jump by Most Since Pandemic Began; US Trade Deficit Narrows to Smallest Since 2020; Lilly Weight-Loss Shot Cuts Body Weight by 23%; Disney Invests $1 Billion in OpenAI; Oracle Shares Plunge as AI Data Center Spending Surges; Two Chinese AI Startups Plan Hong Kong IPOs Within Weeks”

—— US Labor Cost Growth Slows to the Weakest Pace in Four Years; US Truck Drivers Face New Risk; Musk’s Wealth Could Surge to $952 Billion if SpaceX Goes Public at $1.5 Trillion; Nearly 1 Million New Yorkers Expected to Lose Coverage; ICE Says Over Half of Its Institutional Clients Are Interested in Polymarket Prediction …

Continue reading “Market Beats | Fed Cuts Rates to Three-Year Low in Divisive Decision; US Labor Cost Growth Slows to the Weakest Pace in Four Years; US Truck Drivers Face New Risk; Musk’s Wealth Could Surge to $952 Billion if SpaceX Goes Public at $1.5 Trillion; Nearly 1 Million New Yorkers Expected to Lose Coverage; ICE Says Over Half of Its Institutional Clients Are Interested in Polymarket Prediction Data; US to Buy Six Boeing 737 Jets to Boost Deportation Flights”

—— CVS Raises Full-Year Profit Forecast and Expects Earnings Growth in 2026; US Job Openings Rose Slightly in October; Kevin Hassett Says Fed Has “Plenty of Room” to Cut Rates Sharply; JPMorgan Expects $105 Billion in Expenses Next Year; Manhattan Pollution Down 22% After Congestion Toll Takes Effect; Australia’s Youth Social Media Ban Takes Effect; …

Continue reading “Market Beats | CVS Raises Full-Year Profit Forecast and Expects Earnings Growth in 2026; US Job Openings Rose Slightly in October; Kevin Hassett Says Fed Has “Plenty of Room” to Cut Rates Sharply; JPMorgan Expects $105 Billion in Expenses Next Year; Manhattan Pollution Down 22% After Congestion Toll Takes Effect; Australia’s Youth Social Media Ban Takes Effect; OpenAI Hires Former Slack CEO as Chief Revenue Officer”

—— Paramount Skydance Makes Public Bid for Warner Bros.; JPMorgan Hires Berkshire Hathaway’s Todd Combs; Strategy Inc. Shares Rise After Company Buys $962.7 Million in Bitcoin; Trump Administration to Unveil $12 Billion Farm Aid Package; China’s Annual Trade Surplus Tops $1 Trillion for First Time; IBM to Buy Confluent for About $9.3 Billion; Google to …

Continue reading “Market Beats | Paramount Skydance Makes Public Bid for Warner Bros.; JPMorgan Hires Berkshire Hathaway’s Todd Combs; Strategy Inc. Shares Rise After Company Buys $962.7 Million in Bitcoin; Trump Administration to Unveil $12 Billion Farm Aid Package; China’s Annual Trade Surplus Tops $1 Trillion for First Time; IBM to Buy Confluent for About $9.3 Billion; Google to Develop Two Types of AI Smart Glasses”

—— Netflix to Acquire Warner Bros. Discovery; Fed Set to Cut Rates Again, but Impact May Be Slower and Weaker; EU Fines Elon Musk’s X €120 Million; SoFi Seeks to Raise $1.5 Billion in Share Sale; US Consumer Sentiment Rises for First Time in Five Months; Canadian Cold Front Sends Temperatures Plummeting Across Northeast; Wall …

Continue reading “Market Beats | Netflix to Acquire Warner Bros. Discovery; Fed Set to Cut Rates Again, but Impact May Be Slower and Weaker; EU Fines Elon Musk’s X €120 Million; SoFi Seeks to Raise $1.5 Billion in Share Sale; US Consumer Sentiment Rises for First Time in Five Months; Canadian Cold Front Sends Temperatures Plummeting Across Northeast; Wall Street Banks Predict Double-Digit US Stock Gains Again in 2026”