Business News

• AI stocks see a tug-of-war as Anthropic and CoreWeave news lift hopes for both bulls and bears on the same day
• SAP touts AI tools but has not disclosed numbers that would measure whether they pay off
• Citi's Olaolu Aganga says strong earnings and valuations support US stocks despite volatility
• Utilities sue to block a Michigan ballot proposition that limits their political spending
• UBS's Sonja Laud says underpriced risk lurks in AI's debt-financed web of obligations
• CoreWeave tops analyst estimates with quarterly results, raises its annual forecast, and jumps 14% as earnings lift AI stocks
• Yamada Holdings, Japan's biggest electronics retailer by sales, considers selling a store portfolio for about ¥100 billion ($630 million)
• Chinese NAND maker YMTC targets a Shanghai Stock Exchange IPO as soon as Q1 2027
• South Korean battery makers face greater regulatory scrutiny in Hungary, where SK On and Samsung SDI have invested billions
• Malaysia plans a separate wholesale electricity market for large power consumers, including data centers
• Citi's Asia Pacific research head Erica Poon Werkun discusses the unwinding of the AI trade, Fed policy and China's markets and economy
• Rich Indian investors turn to real estate and logistics for higher yields after two years of weak stock returns
• Oura agrees to acquire on-demand doctor AI service Counsel Health for $625 million as its revenue jumps 153% in Q4
• Walker & Dunlop CEO says modest daily rate moves are unlikely to stall commercial real estate and data center deals
• Core CPI rises 0.3% against 0.2% expected as the Nasdaq slips 0.9% and Treasury yields climb
• Fed Governor Michelle Bowman warns a sharp stock downturn could follow if returns on AI investments fall short
• Bloomberg Crypto episode discusses midterms fallout and crypto's biggest heist with industry executives
• Coinbase receives full regulatory approval for its request to become a nationally chartered trust bank
• NYSE will settle tokenized stocks for its round-the-clock platform exclusively through the Avalanche blockchain
• AI startup Sierra is an anchor tenant for a $300 million bond backed by New York office buildings
• Amazon announces Black Friday 2026 dates starting November 19 as early deals and $200 bonus gift cards go live
• Diamondback Energy and KKR agree to jointly acquire a 70% stake in oilfield water firm Deep Blue Midland Basin for $2.1 billion
• Tele Columbus lenders near about €350 million in new loans for a debt restructuring
• Carlyle's Jason Thomas warns Fed tightening could constrain AI infrastructure financing
• Alibaba's chip design unit T-Head files for a Hong Kong listing as part of a spin-off
• Siemens agrees to buy family-owned Lauterbach to expand its chip-design software portfolio
• Dangote Refinery draws $4.1 billion in share bids for Africa's largest public offering to date
• Dangote Cement pauses its London stock offering plan after a global equity selloff
• Sea Ltd misses profit estimates as it boosts spending on AI and cloud to counter competition
• SoftBank Group swings to its first net loss in almost two years as AI spending worries hit its tech holdings