News
Headlines from around the internet.
Blackstone president calls for more equity to fund AI buildout as debt risks mount
Blackstone President Jon Gray says AI infrastructure needs more equity as debt investors face concentration risks amid massive spending plans.
Here’s why Palantir’s stock is down despite a ‘bombastic’ quarter
A deceleration in U.S. commercial contract growth gave some Wall Street analysts pause despite Palantir’s earnings beat.
Apple’s iPhone business is booming. Here’s why the stock is falling anyway.
Although iPhone demand remains strong, Apple faces a worsening memory crunch and a slowing services business.
Nasdaq-100 tumbles into its third correction this year as AI worries mount
The “tech wreck” from October continues. Is a bear market next?
Marvell and Lumentum shareholders unite in panning merger deal: ‘It’s a trash offer’
Shares of both companies fell Monday after Marvell said it reached an all-stock agreement to buy Lumentum.
Stock market after midterm elections: What S&P 500 history shows
Midterms historically precede a strong year for the S&P 500. What to know if Democrats win back Congress
Traders rushing into a leveraged ETF to make a bullish bet on the Nasdaq-100 just got burned
Some investors appeared a little too eager to buy the dip in technology stocks last month.
Wall Street’s most hated stocks are faring far better than its favorites
The thrashing that Wall Street’s artificial-intelligence darlings have taken over the past few months has led to an unusual situation in the U.S. stock market.
Want to help your adult kids and grandkids? Give them money while you’re still alive.
How to manage “giving while living” without endangering your own retirement.
‘She’s a Type A personality’: My stepmother wants me to repay my late father’s $40,000 wedding gift. Should I oblige?
“About two months after his funeral, my stepmother called and said she wanted the money back.”
The stock market has gone nowhere for the past 5 months. It’s now looking like a bargain.
The S&P 500’s forward price-to-earnings ratio is below its five-year and 10-year averages.
Texas governor race tightens in prediction markets, but Abbott remains favored
Prediction markets still show the Republican incumbent favored to win a fourth term, but the odds have narrowed in recent weeks.
Palantir earnings reveal a major AI turning point
The U.S. commercial business brought in more money than the U.S. government segment in the third quarter.
Binance’s $6.3 billion hack raises questions about crypto wallet safety
Two high-profile security incidents this week, including the largest crypto theft in history, have raised custody and safety concerns.
It's a 'socialist' bank — and North Dakota Republicans love it
North Dakota's state-owned bank has broad Republican support and is drawing interest from public-banking advocates in other states.
Fed officials are already saying they’ll need to get back to hiking rates
The comments from Federal Reserve Presidents Alberto Musalem and Lorie Logan offer the first morsels of insight into what leaders at the Fed see happening next.
Some Polymarket user funds stolen by hackers; exchange referring matter to U.K. authorities
The outage comes just days before the platform is expected to experience heightened trading during the U.S. midterm elections.
Halloween gets pricier as chocolate costs climb — Hershey may feel the pinch
Higher cocoa and sugar prices are fueling above-average cost inflation for candy
Coinbase net income surges 66% in third quarter, benefiting from bitcoin investment gains
Coinbase posted better-than-expected earnings in the third quarter, largely due to a recovery in the cryptocurrency market.
Aon CEO warns AI data center insurance risks could threaten financing
Aon CEO Greg Case said concentration risk at AI data centers could constrain insurance capacity and alter financing for new projects.
Kalshi valuation jumps to $40 billion in latest funding round
The prediction market platform one year ago was valued at $5 billion.
Bond investor Jeff Gundlach on Fed's rate pause: 'What are you waiting for?'
The DoubleLine founder spoke with CNBC's "Closing Bell" on Wednesday after the Fed held interest rates steady.
Fed holds rates steady despite concerns over inflation
Two of the 12 Federal Open Market Committee voters dissented from the decision. Both wanted to raise rates by a quarter percentage point.
Here is what changed in the new Fed statement
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in September.
Margin debt growth slows sharply as stock market warning signs build
Slowing margin-debt growth could signal growing risks for stocks.
One week out, prediction markets see Democrats as favored to sweep Congress
Event contract exchanges see a two-in-three chance that Democrats take control of both the House and Senate.
Fed expected to hold rates steady, but Warsh may point way to more hikes
Markets overwhelmingly expect no change in benchmark interest rates following September's increase.
Prediction market traders say an Anthropic IPO is near-certain this year after company filed with SEC
Anthropic on Monday filed its Form S-1 with the Securities and Exchange Commission.
NBA enters prediction markets with Kalshi, Polymarket partnerships
The league also inked a memorandum of understanding with the CFTC, the federal regulator of prediction markets.
Apollo to buy nearly 10% stake in Abu Dhabi-backed alternative asset manager Mubadala Capital
The deal further advances Apollo Global's ambitions in Abu Dhabi, often called the "capital of capital."