About 60% of the cuts are expected to affect support functions, including developers, according to the bank's earnings presentation.

Gold and silver have fallen 3.3% and 10%, respectively, so far this month. Oil climbed above $112 a barrel amid Middle East tensions. The rise in crude strengthened expectations that the Federal Reserve will raise interest rates.

European natural gas prices climbed to nearly 90 euros per MWh, the highest since 2022, as Middle East escalation and low storage threaten winter supply.

SpaceX faces its largest share unlock as up to 1.3 billion SPCX shares become eligible for sale following $14.6 billion in revenue and $4.4 billion in profit.

Lockheed Martin stock went balistic following third-quarter 2026 results. Is the defense company a buy now?

Perceptron announced it is moving more than 800,000 contributor nodes to Walrus. It is replacing centralized storage with verifiable storage. Clients can independently verify the integrity of AI data.

Tesla's shares dipped by 2% after it reduced its capital spending forecast for 2026, now predicting $20 billion instead of the previous $25 billion. This move has raised eyebrows among investors, especially with Tesla's stock already down 14% this year. Yet, it still boasts a higher valuation than many traditional automakers. Meanwhile, potential merger talks with SpaceX hint at regulatory hurdles that might prolong uncertainty for investors.

A US government Bitcoin transfer on October 8, 2026, moved 12,267. 02 BTC, worth about $1. 01 billion, from a wallet linked to the 2016 Bitfinex hack seizure to Coinbase Prime. Despite the exchange destination, Galaxy Research and Arkham Intelligence interpreted the activity as custody consolidation—not a confirmed sale. Key takeaways Government-linked wallets moved an estimated $1. 5 […]