In brief
Business
Netflix Replaces Bela Bajaria With Peter Rice as Content Chief
Peter Rice will replace Bela Bajaria as Netflix’s chief content officer on October 26, following the company’s announcement of roughly 1,000 job cuts.
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Daily edition15Oct 2026
Thursday
News articles15
The day’s reporting and analysis
In brief1
Quick updates, straight to the point
Stories of the Day9
Key stories with more context
Newest firstNewsBriefsTimes in +00:00
Thursday
15 news articles · 1 briefs-
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Story of the Day BusinessStripe and Plasma Develop Multi-Currency Stablecoin Cards
Stripe and Plasma are co-developing multi-currency stablecoin cards, building on infrastructure available in over 30 countries with expansion to 100-plus planned for 2027.
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Story of the Day BusinessKFC Drops Pepsi for Coca-Cola Across Its U.S. Restaurants
KFC will switch its U.S. restaurants to Coca-Cola drinks beginning in January 2027, ending a decades-long Pepsi relationship as it expands its beverage business.
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Amazon Expands AI Device Bet With Bee Frontier and Eclipse
Amazon’s new Bee devices combine AI conversation summaries with paid subscriptions, Alexa+ and shopping links, extending its consumer AI strategy.
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Elon Musk Floats an Amazon Rival in AI Shopping Debate
Elon Musk suggests starting an Amazon competitor after a complaint about Grok shopping bots, without announcing a launch date or business plan.
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Story of the Day ETFs & IndexesCboe Plans Extended Options Hours for 24 Companies and Five ETFs
Cboe plans to open options trading at 7:30 a.m. ET on October 19 for 24 companies and five ETFs, including Apple, Nvidia, SpaceX and SPY.
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Story of the Day EconomyUS Producer Inflation Surges to 6.3% as Energy Costs Jump
US producer prices rose 1.3% in September, the largest monthly gain since March 2022, as annual inflation hit 6.3% and initial jobless claims reached 199,000.
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Story of the Day StocksAI Stock Rout Erases $1 Trillion as Funding Fears Spread
Nvidia, AMD and Micron fall before the U.S. open as steep Asian chip losses and European selling deepen a global AI stock rout driven by funding concerns.
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News BusinessMastercard and BVNK Launch Global Money Platform
Mastercard and BVNK launch a platform connecting fiat accounts, stablecoins, cards and bank payouts, with Nuvei and Marqeta among the first integration partners.
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Story of the Day StocksNvidia’s Jensen Huang Urges China AI Safety Cooperation
Jensen Huang calls for closer AI safety dialogue with Chinese researchers as Nvidia faces export restrictions and growing competition in China.
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News CryptoBitget Launches Jio Pre-IPO Futures With 20x Leverage
Bitget lists JIOUSDT pre-IPO perpetual futures with up to 20x leverage as Jio Platforms prepares its Indian share sale, with subscriptions opening October 21.
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Story of the Day StocksAnthropic IPO in Focus as Revenue Jumps 45% to $16.8 Billion
Anthropic told investors Q3 revenue reached $16.8 billion, with adjusted profit and positive cash flow, as it prepares for a potential November IPO.
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Story of the Day StocksKOSPI Plunges 7.6% as Chip Selloff Triggers Trading Halt
South Korea’s KOSPI closed at a six-month low after a 20-minute trading halt, with Samsung down 9.5% and SK hynix losing 11.1% amid AI and rate concerns.
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Story of the Day StocksUS Stocks Post Worst Day Since July as Inflation Hits AI Trade
The Nasdaq fell 1.9% and the S&P 500 lost 1.1% as September inflation reached 3.7%, while CoreWeave and Oracle led a sharp AI-stock selloff.
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News Personal FinanceOver a Third of High Earners Say They Live Paycheck to Paycheck
Goldman Sachs finds 36.6% of respondents with household incomes above $500,000 report living paycheck to paycheck, a measure that includes difficulty saving.
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News StocksMusk Says SpaceX Could Top $100 Trillion in Under 10 Years
Elon Musk says SpaceX will probably exceed a $100 trillion valuation in less than a decade, barring a major world war, as SPCX trades near a $2.07 trillion value.
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