News & analysis
Headlines across stocks, business, finance, forex and crypto.
Wall Street Tumbles as AI Cash Burn Fears Hit Tech Stocks
Wall Street tumbled on Friday as Intel and Amazon results stoked AI cash burn fears; crypto stocks fell after a $6.3bn Binance hack blamed on North K…
ASIC Says No Prediction Market Firm Has Applied for a License
ASIC says it is not convinced retail prediction markets serve the public interest, and its chair told a hearing no operator has applied for a license.
Polymarket Halts Trading After Vendor Breach Drains $2.65M
Polymarket halted trading on Oct 29, 2026 after a DebugBear vendor compromise let an attacker drain about $2.65 million from user wallets.
Topix Overhaul Takes Effect as Up to 700 Stocks Face Removal
Topix's biggest overhaul took effect Friday, with up to 700 stocks set to lose weighting. Here's what the reshuffle means for investors.
Finland opens criminal probe into Google unit over forest clearing
Finnish police opened a criminal investigation into Google subsidiary Tuike Finland over drainage and water management at its Muhos data centre site.
Fed Holds Rates at 3.75%-4% Days Before Midterms
The Federal Reserve kept its benchmark interest rate at a range of 3.75% to 4% on Wednesday, holding steady at its final policy meeting before next w…
Euronext Halts CoinShares Zcash ETP on Paris Debut Day
Euronext Paris suspended CoinShares' Zcash ETP (ZCSH) on its scheduled debut day, citing settlement support from the central securities depository.
Peltz’s Trian Group Bids $1.4B to Take Wendy’s Private
Nelson Peltz's Trian Fund Management is leading a group that has offered roughly $1.4 billion in cash to buy Wendy's, a move that would take the burg…
ThinkMarkets opens 24/7 pre-IPO bets on Anthropic and OpenAI
ThinkMarkets launched 24/7 cash-settled CFDs on Anthropic and OpenAI first-day values, joining crypto and CFD venues; Anthropic lists as ANT.
Boeing Q3 Earnings Due as 737 Max Output Stalls at 47 a Month
Boeing reports Q3 results Oct 27 with analysts eyeing a narrower loss, 47-per-month 737 Max output and 737 Max 10 certification.
Musk warns 200+ AI neoclouds face ‘guppy-level death’ as funding dries up
Elon Musk said on Sunday that more than 200 so-called neoclouds could collapse or be absorbed, arguing that lenders have pulled back from firms whose…
Blackstone’s Gray: CoreWeave can work through $51.6B debt load
Blackstone's Jon Gray says CoreWeave can work through its roughly $51.6 billion debt load as demand for computing power stays strong.
OCC final GENIUS Act rule keeps stablecoin yield ban
The OCC's final GENIUS Act rule drops a proposed affiliate-rewards presumption but keeps the stablecoin yield ban, effective 18 January 2027.
American Airlines Sees Deeper 2026 Losses as Fuel Costs Bite
American Airlines expects 2026 losses of $1 to $1.60 a share and says fares will likely stay high even if fuel prices fall, its CFO told the FT.
Musk Reportedly Puts $1bn Into Skydance After Paramount-WBD Deal
Semafor reported Elon Musk put roughly $1bn into Skydance, the Paramount-Warner Bros Discovery combination, as it targets $6bn in cost savings.
Ramp seeks OCC trust charter for digital asset custody
Ramp filed an OCC application on Oct. 16 for Ramp National Trust Bank to custody digital assets, as the ICBA challenges crypto trust charters.
PHP flaw shuts government sites as NSA urges patch
A critical PHP flaw has taken government sites offline worldwide as the NSA urges patching; AI tools helped find the bug in a language used by most w…
Zuckerberg agrees to keep California residence for eight years
Meta CEO Mark Zuckerberg has committed to keeping his primary residence in California for eight years under an agreement with the company that gives…
Tesla tops Q3 estimates as Musk weighs SpaceX merger
Tesla reported better-than-expected third-quarter results on Wednesday, posting revenue of $28.05bn and earnings of $0.48 per share, according to The…
Tether Says Freezes Cut Iran-Linked USDT Volume by 94%
Tether's chief executive Paolo Ardoino said on October 19, 2026, that the company's wallet freezes have reduced Iran-linked stablecoin transaction vo…
