In brief
Stocks
Musk Says SpaceX Could Be Worth Far More Than Today’s Global Economy
SpaceX could be worth “orders of magnitude” more than today’s global economy, Musk said, without setting a timeline or a dollar target.
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Daily edition08Oct 2026
Thursday
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Thursday
11 news articles · 3 briefs · 0 guides-
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AT&T Drops 7.5% as Verizon and T-Mobile Slide on Starlink Mobile Plans
AT&T fell about 7.5%, while Verizon and T-Mobile lost around 6.6% after hours as SpaceX’s new spectrum deal raised U.S. mobile competition concerns.
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Story of the Day Big Tech & InnovationSpaceX Advances Starlink Mobile Carrier Plans With FCC Satellite Approval
SpaceX’s Starlink mobile ambitions move closer after the FCC cleared 15,000 satellites and a waiver enabling service on company-controlled spectrum.
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Story of the Day Big Tech & InnovationOpenAI Revenue Run Rate Nears $50 Billion, Below Earlier $70 Billion Reports
OpenAI’s annualized revenue neared $50 billion at September’s end, with partner-sales accounting explaining the gap from earlier $70 billion reports.
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Story of the Day Mergers & AcquisitionsChipotle Rises 6%, Starbucks Falls 4% on Takeover Report
Chipotle shares jumped while Starbucks slid as investors weighed a reported takeover, financing risks and Brian Niccol’s ties to both chains.
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News BusinessJustin Sun Predicts Traditional Banks Will Fade as Finance Moves Onchain
TRON founder Justin Sun predicts younger users will move away from banks, while lenders build blockchain payment systems of their own.
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News Bonds & YieldsEA Bondholders Allege Default After $55 Billion Buyout
Creditors holding $1.4 billion of EA bonds are seeking repayment at 101% of face value, challenging a Treasury-backed alternative after the publisher’s buyout.
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In brief Big Tech & Innovation
Trump Calls Musk One of the Greatest Technology Founders Ever
Trump honored Elon Musk with the National Medal of Science as Washington unveiled more than $6 billion in public and private research initiatives.
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News Personal FinanceJeff Bezos Says AI Could Enable Three-Day Workweeks
Jeff Bezos says AI could let some people work three days a week or support a family on one income, putting productivity and household budgets in focus.
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In brief Regulation & Policy
Trump Calls Anyone Saying ‘Artificial Intelligence’ ‘The Enemy’
Trump’s Truth Social post escalates his push to rename AI “Super Intelligence,” following a federal terminology order signed September 29.
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News BusinessBlue Origin IPO Likely Several Years Away, Jeff Bezos Says
Jeff Bezos says Blue Origin will likely go public in the coming years after raising $10 billion from outside investors for the first time.
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News MarketsTSMC Revenue Hits Record $46.7 Billion as AI Chip Demand Surges
TSMC’s third-quarter revenue rose roughly 50% in Taiwan-dollar terms to a record, beating forecasts as AI chip demand remained strong.
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Story of the Day MarketsSamsung Stock Falls 2.4% Despite Record $80 Billion Profit Estimate
Samsung forecasts record quarterly operating profit of about $80 billion, but its shares fall as investors weigh expectations and the AI-memory outlook.
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Story of the Day CryptoRipple Challenges Wall Street Banks in Leveraged ETF Financing
Ripple is expanding in leveraged ETF financing as its prime brokerage adds equity swaps, institutional capital and a deeper Brevan Howard relationship.
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