Business

  • TikTok’s ByteDance now worth $480 billion after block of shares trades in auction

  • Singapore’s SGX partners with Nasdaq to boost equity markets through dual listings

  • Veteran investor Tom Russo calls Berkshire’s Alphabet investment a “winner,” issues stark warnings

  • Block projects ~$16 billion gross profit by 2028 amid new long-range growth targets

  • MP Materials carves out strategic 49% JV with US Pentagon and Saudi to refine rare earths

  • BlackRock bumps up U.S. stock overweight to 3% as model portfolios pivot

  • Prediction-market platform Kalshi sees its markets competing directly with US equities soon

  • Wall Street upgrades Nvidia and Alphabet’s stocks ahead of Wednesday earnings

  • Klarna beats Q3 revenue estimates in first post-IPO earnings with $903M in sales

  • Baidu revenue slides 7% to $200 million as AI bets fail to offset weak ad business

  • Russia’s Sberbank centers business on blockchain and AI

  • KindlyMD’s stock plunges after postponing Q3 earnings report over $59M acquisition loss

  • Amazon gets $15B boost from US bond sale to fund AI ambitions

  • Ford rolls out online used-car sales via Amazon Autos, about 20 dealers launching initially

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  • China’s Geely sees Q3 net profit surge 59% to $538 million on EV momentum

  • Samsung shares jump 3% as company pledges $310B investment

  • South Korea lands $86B Hyundai spending pledge tied to new U.S. trade terms

  • Trump buys $82 million in bonds of Meta, Intel, Broadcom, and Qualcomm among others

  • US opens door for buyers to pursue Russian Lukoil’s overseas assets

  • Wall Street hedge funds ease off the Magnificent Seven in third-quarter reshuffle

  • Bit Digital Q3 revenue hits $30.5M as Ethereum transition gathers pace

  • Oracle debt slumps as heavy AI spending rattles bondholders