U.S. Adds 165,000 Jobs in October as Unemployment Falls to 4.1%
October payrolls beat the 65,000 Reuters forecast, unemployment falls to 4.1% and September’s gain is revised higher, reinforcing December Fed hike bets.
October payrolls beat the 65,000 Reuters forecast, unemployment falls to 4.1% and September’s gain is revised higher, reinforcing December Fed hike bets.
Tesla rises 5.0% and SpaceX 6.3% in Friday trading after steep losses, as investors weigh launch reforms, Texas data center rules and expansion plans.
ING is reportedly auctioning 12 data-center loans worth about $500 million, including Stargate-linked debt, as construction and AI credit risks rise.
Treasury yields rise after October payrolls beat forecasts, with the 10-year near 4.88% and traders raising the odds of a December Fed rate increase.
AppLovin reports record Q3 revenue and profit, forecasts Q4 sales near $2.4 billion and expands buybacks after its shares rally 31% on Thursday.
Musk lost $79.7 billion, Dell $19.4 billion and Huang $15.1 billion as the world’s 500 richest suffered their 14th-largest daily wealth decline.
Tesla plans to wind down Cybertruck production at its Texas factory around mid-2027 to expand Cybercab output, Elon Musk says.
Lyft misses Q3 revenue estimates but beats on adjusted EBITDA, while planning a larger Waymo robotaxi fleet in Nashville by year-end.
Airbnb reports $4.87 billion in Q3 revenue, raises its 2026 growth outlook and authorizes an additional $12 billion in share buybacks.
Canva’s restructure affects 1,271 employees, with departing staff promised six months’ pay, continued benefits and access to a $10,000 startup-grant program.
Sequoia says it raised about $10 billion as it closes London, ends Arc and Scouts, and unites its early-stage and growth teams under seven partners.
Arthur Hayes warns that AI share sales could strain credit markets and dollar liquidity, putting Bitcoin at risk before any central-bank rescue.
Microsoft prices $25 billion of debt across 10 tranches as cloud investment absorbs more cash, with proceeds available for AI capex and other corporate uses.