11h ago
Meta's Q3 profits dip nearly 50% after $18 billion legal settlement even as company beats revenue estimates
Meta beat revenue estimates, but its profit fell after an $18 billion settlement with nearly all US states.
ETH-2.48%
BTC-2.10%
XRP-2.88%
USDC+0.00%
SOL-2.94%
SUI-5.15%
DOGE-3.86%
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1d ago
Jio Platforms IPO opens for bidding; India's five biggest public listings in focus
Jio Platforms kicked off a $3.2 billion IPO. The company is targeting a valuation of as much as $108.3 billion. Its shares are priced at 1,065 to 1,119 rupees each.
1d ago
Ethanol, poultry industries set for tug of war over maize after curbs on sugar
Demand from ethanol distilleries, poultry-feed manufacturers, starch makers and other industrial users has pushed up prices of maize. | Business News
10-14
S&P 500, Dow Jones and Nasdaq futures fall as US inflation hits 3.7% in September
US consumer prices rose 3.7% in September from a year earlier, above the 3.6% economists had expected. Core CPI rose 2.6%, also above the 2.5% forecast. The firmer inflation reading lifted Treasury yields, with the 10-year climbing to 5.278% and the 30-year to 5.59%. US equity futures fell, with S&P 500 futures down 0.2%, Nasdaq 100 futures down 0.5% and Dow futures down 0.1%.
10-14
Sugar prices rise over 10% in 6 days amid tight supplies ahead of Diwali
Demand for sugar rises ahead of Diwali when sweetmakers prepare for the festive season | India News
10-8
Dow slides 503 points as 10-year Treasury yield nears 5.356%, highest since April 2002
U.S. stocks fell on Tuesday, with the Dow Jones Industrial Average down 503 points, the S&P 500 off 0.6% and the Nasdaq Composite lower by 0.7%. The 10-year Treasury yield rose more than 8 basis points to around 5.356%, the highest level since April 2002. Financial shares led declines, with Goldman Sachs down nearly 3% and Citigroup off more than 2%, while Bank of America, Wells Fargo and JPMorgan each fell more than 1%. Higher oil prices and inflation worries also weighed on sentiment.
10-5
India tightens sugar stock curbs again, cuts dealer limit to 1,000 quintals from Oct. 15
India has repeatedly tightened sugar stock limits since mid-September, cutting the dealer cap to 1,000 quintals on Oct. 1 with a maximum holding period of 15 days. The rules apply from Oct. 15 to Nov. 30, aimed at curbing hoarding and speculation while ensuring supplies during the festive season. Retail sugar prices, which had risen to ₹65 per kg, have eased to around ₹53.
9-30
Boeing wins US Navy F/A-XX fighter development contract worth more than $20 billion as shares rise 2%
Boeing has won the US Navy’s full-scale development contract for the next-generation F/A-XX carrier-based fighter, valued at more than $20 billion. The award follows Boeing’s 2025 win of the US Air Force’s F-47 program, marking another major sixth-generation fighter order for the company. After the announcement, Boeing shares rose about 2% the same day.
9-29
Anthropic files for IPO, flags AI extinction risk as Reuters says it targets up to $100 billion raise
AI company Anthropic has filed for an IPO, with plans that could involve raising as much as $100 billion at a valuation of about $2 trillion, according to Reuters. In its prospectus materials, the company warns its AI technology could pose an existential risk to humanity and says about 6% of the computing power used for its AI research went to safety work during a sample week in July. The warnings and related calls to slow AI development helped rattle markets, with the Nasdaq 100 index losing more than $600 billion in market value on September 14 and 15.
