HSBC Holdings’ pretax profit dropped 14% in the third quarter following a $1.1 billion charge tied to the Bernard Madoff scandal, yet the bank raised its net interest-income forecast to $43 billion for 2025.
Qualcomm announced a bold push into AI infrastructure with two new chips AI200 and AI250 targeting rack-scale data-center workloads and rivaling leaders like Nvidia and AMD.
Beyond Meat shares have skyrocketed more than 1,300% in four days, turning the plant-based food maker into the latest meme-stock sensation as retail traders swarm the stock.
OpenAI today unveiled ChatGPT Atlas, a new AI-powered web browser built around the ChatGPT experience. Its launch triggered a drop in Google parent Alphabet’s stock as the startup moves to challenge browser and search dominance.
Strong early demand for the iPhone 17 series in the U.S. and China helped drive Apple (AAPL) shares to a new all-time high, signalling resilient consumer spending.
NYSE head Lynn Martin revealed that over four years, daily order volume has climbed from 350 billion to 1.2 trillion – most of which are now handled by AI systems.
BlackRock’s assets under management climbed to a record $13.46 trillion in the third quarter, driven by $205 billion in inflows, record ETF demand, and rising technology and private market revenues.
Broadcom stock jumped after OpenAI announced a partnership to co-develop 10 gigawatts of custom AI accelerators, expanding the chipmaker’s foothold in next-generation data infrastructure.
Citigroup projects that Indian companies could raise as much as $20 billion via IPOs in the coming year, signaling strong momentum in equity capital markets.
WeWork India’s stock slipped nearly 2% from its ₹648 IPO price during its trading debut, as investors expressed caution over valuation and governance.
Shayne Coplan becomes the youngest self-made billionaire after ICE, the New York Stock Exchange parent, invests $2 billion in Polymarket.
Spot silver prices surged past $49 per ounce on Wednesday, reaching levels not seen since April 2011 and renewed interest in precious metals markets.
OpenAI and AMD agreed on a multi-gigawatt GPU deployment that could award OpenAI up to 160 million AMD shares. AMD stock surged while rivals cooled.
Berkshire Hathaway agreed to acquire Occidental Petroleum’s OxyChem division for $9.7 billion in cash, marking Warren Buffett’s largest purchase since 2022.
President Trump says a 100% tariff will apply to branded pharmaceutical imports from Oct. 1, unless the companies have begun building manufacturing plants in the U.S.