Reuters10h agoMeta slips 3% as investors weigh Muse growth against rising AI costsInvestors are weighing the growth of Meta's AI agent business against the company's heavy spending on AI. The stock could erase about $50 billion in market value.10h ago
*Walter Bloomberg10h agoKALSHI AND BITGO ($BTGO) LAUNCH CRYPTOBACKED MARGIN LOANS Kalshi Prime and BitGo launched HODL Margining, allowing eligible traders to borrow dollars against Bitcoin, Ethereum and stablecoins without selling their holdings. Loans fund trading margin on KalshiEX, while collateral remains in segregated BitGo custody. Borrowing adds leverage, and pledged crypto may be liquidated.BTC-3.77%10h ago
Protos.com10h agoStrategy spent record cash on STRC buybacks at its worst price yetMichael Saylor’s Strategy forecasted that it would taper STRC buybacks as the price rose, but then spent a record amount of cash on buybacks.10h ago
Deadline10h ago'The Odyssey’, Peacock Profits, NBCU Split AheadOdysseus and his intrepid crew sailed through Comcast’s latest quarter as Universal surpassed $5 billion at the global box office.10h ago
WTOP10h agoUnion Pacific reports Q3 earningsUnion Pacific posted third-quarter earnings of $3.53 per share, above the $3.47 analysts had expected. Revenue came in at $7.2 billion, also beating expectations.10h ago
The Economic Times10h agoMicrosoft moves to reduce AI costs and expand ecosystem as global adoption risesMicrosoft Cloud revenue rose 27% to USD 214.4 billion. Copilot paid seats surpassed 30 million.10h ago
CNBC TV1811h agoUS stock futures slide, Nasdaq-100 down 1.6%, as Tesla and Meta reignite AI spending concernsNasdaq futures fell nearly 1.6%. Tesla dropped nearly 5% in premarket trading. Brent crude rose 2.7% to $111.75.11h ago
Hindustan Times11h agoBarclays to cut 5,000 jobs as AI-led cost-cutting drive expands after mixed Q3 resultsBarclays' fixed-income and currency trading revenue fell 19% year on year to £1.01 billion in the third quarter. Pretax profit rose 12% year on year to £2.3 billion over the same period.11h ago