Jensen Huang Resigns as Nvidia CEO; Colette Kress Takes Over
Nvidia names CFO Colette Kress interim CEO after Jensen Huang resigns, launches a permanent search and keeps its November 17 earnings date.
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IBM Buys AuthMind to Strengthen AI Agent Security
IBM has acquired AuthMind to expand HashiCorp Vault’s ability to track AI agents, monitor credential use and detect unauthorized access.
Siemens Q4 Profit Beats Forecasts as Orders Hit €34.8 Billion
Siemens reported record quarterly orders and industrial profit, raised its mid-term growth targets and forecast 9% to 11% comparable revenue growth for 2027.
Alibaba Falls Nearly 7%, Tencent Slides on US AI Chip Curbs Report
Alibaba fell 6.76% and Tencent lost 2.64% in Hong Kong as investors assessed reported US restrictions on remote access to advanced AI chips overseas.
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Polymarket Cuts Jobs as Reorganization Targets Kalshi’s Lead
Polymarket has cut staff and ended contractor agreements in a reorganization as it adds senior leaders and tries to regain ground against rival Kalshi.
Kalshi Confirms CFTC Filing Probe, Says Weather Contracts Flagged
Kalshi says the CFTC flagged weather-related contracts in a filing investigation, calling it a procedural issue as the platform expands its derivatives business.
OpenAI Launches Business Profiles and Agents in ChatGPT
OpenAI’s beta adds business profiles and analytics to ChatGPT, with customer-facing agents initially limited to eligible US online businesses.
Amazon’s Ring Unveils Flying Camera and Business Security Robot
Amazon’s Ring unveils a $249.99 flying home camera and a $999.99 business security robot, extending its hardware and subscription business.
SpaceX Unveils Battery-Powered Starlink Mini 2
SpaceX (SPCX) unveils Starlink Mini 2 with up to 4.5 hours of battery life and invitation-only US preorders, extending its portable internet business.
TSMC October Sales Jump 59.7% as Taiwan Shares Rise
TSMC reports October revenue of NT$586.89 billion, up 59.7% from a year earlier, while its Taiwan-listed shares close 2.24% higher.
Polymarket Revenue Run Rate Tops $1.8 Billion as US Trading Surges
Polymarket says annualized revenue exceeds $1.8 billion as US trading expands, with sports contracts driving activity and regulatory scrutiny continuing.
Pharos Integrates Fireblocks for Institutional Tokenized Credit
Pharos integrates Fireblocks so institutions can manage supported tokenized credit through existing custody workflows, as its RWA platform reports $241.64 million in assets.
Oracle Launches Bank AI Analytics in Cloud Software Push
Oracle (NYSE: ORCL) launches AI analytics for bank treasury and customer profitability, expanding its software offering alongside rapid cloud infrastructure growth.