Fed Faces October Pause as Inflation Keeps December Hike in Play
The Fed’s October 28 decision puts an expected pause against persistent inflation, with BofA favoring an immediate hike and Goldman and Citi looking to December.
Story of the Day
Catch up quickly with the day’s most important and insightful stories. Our Stories of the Day category curates the standout articles across markets, economy, business, personal finance and innovation. Each post brings together multiple key developments, breaking news or deep-dive features chosen for their impact and relevance. It’s a fast, reliable way to understand what really matters today without scrolling through dozens of feeds. Whether you want a quick overview or a richer perspective, this section delivers the essential stories with context and clarity.
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Revolut Plans Private Tech Investing for Retail Clients in 2027
Revolut Ventures targets a 2027 launch with Carne Group, opening private tech investments to eligible retail clients while fees and access terms remain unannounced.
Microsoft Offers Buyouts to 60,000 Employees as AI Spending Expands
Microsoft opens voluntary buyouts to about 60,000 eligible employees as AI spending grows, with departures and savings still uncertain ahead of earnings.
Anthropic Files for Nasdaq IPO Under ANT as Revenue Hits $16.3 Billion
Anthropic files for a Nasdaq IPO under ANT, disclosing $16.3 billion in first-half revenue, an $80.7 billion net loss and extensive computing obligations.
Oracle Stock in Focus as AI Agent Studio Targets Industry Workflows
Oracle expands AI Agent Studio into industry applications as ORCL investors weigh software growth, a planned US rollout and the cost of its AI buildout.
SoftBank’s Son Eyes $50 Billion Malaysia AI Investment, Report Says
Masayoshi Son is reportedly behind a proposed $50 billion Malaysia AI investment, while SoftBank’s confirmed Sarawak agreement remains exploratory.
SpaceX Closes $40 Billion AI Chip Debt Deal, Musk Says
Elon Musk says SpaceX has closed $40 billion in financing for AI chips arriving in early 2027, as SPCX investors weigh borrowing costs and rapid expansion.
Brazil ETF Plunges 26% After Lula’s Surprise Reelection
Brazil’s EWZ ETF falls 26% in U.S. premarket trading after Lula wins reelection, as investors await the domestic market opening and a legal challenge.
Musk Warns AI Credit Squeeze Could Force Neocloud Failures
Elon Musk warns of failures among specialist AI cloud providers as lenders pull back, while recent financing disclosures show a more selective credit market.
Alphabet, Microsoft and Amazon Earnings Put AI Spending Under Scrutiny
Alphabet, Microsoft and Amazon report this week as investors weigh cloud growth, AI spending and cash flow alongside the Federal Reserve’s rate decision.