Loading activity…
Technology
Third-quarter revenue reached $13.4 billion, with non-GAAP diluted earnings of $2.09 a share.
Entertainment
Disney's TV networks and movie studio reportedly face cuts, with some managers asked to save up to 20% annually.
World & Business
Disney has reportedly asked some managers to target 20% in annual cost savings, potentially through layoffs and expense reductions.
World & Business
A Democratic House takeover was priced at 93.6%, with over $207 million traded on Kalshi, one post says.
World & Business
Brent was reported down 4.39% at $108.47 and WTI 4.40% at $99.55; Goldman Sachs raised price forecasts citing disruption risks.
World & Business
Radiant Nuclear's Kaleidos received DOE safety approval for full-power operations; a readiness review precedes its planned 60-day test.
World & Business
The proposed discussion would focus on improving a relending program for share buybacks and stake increases.
AI
OpenAI's valuation target was reportedly lowered from $1.4 trillion to $1.25 trillion amid investor concerns over AI spending.
World & Business
The sought valuation reportedly dropped to $1.25 trillion, while roughly $11 billion in commitments has been reported.
Technology
Its proposed valuation reportedly fell from $1.4 trillion to $1.25 trillion.
Technology
The Financial Times reports Blackstone changed its guidance, potentially complicating financing for Anthropic's infrastructure plans.
World & Business
Business Insider reports Philipp Schindler described scaling ads in AI Mode and AI Overviews to more queries.
Technology
Yahoo Finance reports an advertising sales miss as Alphabet's rising capital spending deepened its negative free cash flow.
World & Business
Yahoo Finance reports the October 28 hold; Kobeissi Letter describes a 10-2 vote with Cook and Hammack dissenting.
Technology
Reuters reports a vehicle will lease the equipment to Anthropic, with deliveries expected to begin in 2027.
AI
Anthropic says its registration statement is not yet effective, so securities cannot be sold or offers to buy accepted.
World & Business
One post says roughly $72B of the reported loss came from non-cash charges, putting the underlying loss near $9B.
World & Business
President Luiz Inácio Lula da Silva defeated Sen. Flávio Bolsonaro in the October 25 runoff with ~51.75% of votes, securing a fourth presidential term—a Brazilian first. Pre-election polls were tight; markets had rallied after the first round.
World & Business
A market roundup says the company is cutting 5% of its global workforce to prepare for AI; shares fell 3.7%.
Entertainment
Los Angeles Magazine says experts point to shifting viewing habits, YouTube competition and overseas production as forces reshaping entertainment.
