Meta Platforms will give shareholders one non-voting Class C share for every share they own. The new class gives Meta stock it can sell to raise money without diluting voting power. The plan arrived with third-quarter results showing free cash flow of negative $2. 12 billion

The Bank of Korea held its benchmark rate at 3.00%, after two consecutive increases. Chip exports jumped 222.5% in early October from a year earlier. A November rate increase remains in play.

Netflix closed at $64.10 on Wednesday, its lowest level since August 2024. The company's profit beat expectations. A weak fourth-quarter outlook, however, triggered a selloff.

Elon Musk said SpaceX could reach a $500 billion to $1 trillion annual recurring revenue (ARR) run rate by 2027. He made the remarks during the company’s third-quarter webcast. He also called a possible Tesla merger a good idea. Here is what the numbers and comments mean