Editor

As we head into another critical week for the stock market, the focus turns to the earnings reports of some major players across diverse sectors. Boyd Gaming, Tesla, Verizon, Lockheed Martin, and GE Aerospace are expected to unveil their third-quarter results. Each of these companies provides a unique perspective on the broader market and individual industries, making this an exciting week for investors. Tesla: Can Rising Costs and Competition Be Overcome by Delivery Growth? (Earnings … Read more…

By Mei Mei Chu BEIJING (Reuters) – The Beijing Stock Exchange will help small and medium-sized tech companies with training and access to finance so they can list on the bourse, it said on Sunday, as part of government plans to foster innovation. The stock exchange said its action plan would help SMEs, which are not profitable but have potential, to obtain financing from banks and market institutions, and it will also provide training and … Read more…

By Jarrett Renshaw HARRISBURG, Pennsylvania (Reuters) – Billionaire Elon Musk promised on Saturday to give away $1 million each day until November’s election to someone who signs his online petition supporting the U.S. Constitution. And he wasted no time, awarding a $1 million check to an attendee of his event in Pennsylvania aimed at rallying supporters behind Republican Donald Trump. The winner was a man named John Dreher, according to event staff. “By the way, … Read more…

Why Nuclear Energy is the Next Frontier for Powering AI and Data Centers In a bold shift of strategy, big tech companies like Amazon, Microsoft, and Google are turning to nuclear energy to meet the burgeoning energy demands of AI and massive data centers. With AI-driven technologies becoming the foundation of modern industries, the demand for reliable, carbon-free energy sources has never been higher. The nuclear power resurgence, powered by advances in small modular reactors … Read more…

By Mike Scarcella (Reuters) – Google said on Friday that a federal judge in California granted its request to pause his order directing the Alphabet unit to overhaul its Android app store Play by Nov. 1 to give consumers more choice over how they download software. San Francisco-based U.S. District Judge James Donato made the decision on Friday as part of an antitrust lawsuit against Google brought by “Fortnite” maker Epic Games. Google argued that … Read more…

BOSTON (Reuters) – A Massachusetts judge has rejected Meta Platforms’ bid to dismiss a lawsuit by the state alleging the social media company purposely deployed features on its Instagram platform to addict young users and deceived the public about the dangers its product posed to teenagers’ mental health. Suffolk County Superior Court Judge Peter Krupp in Boston, in a decision made public on Friday, rejected Meta’s request to dismiss claims by Massachusetts Attorney General Andrea … Read more…

By Lisa Pauline Mattackal and Purvi Agarwal (Reuters) -Wall Street rose on Thursday, with the S&P 500 and the Dow briefly reaching record highs, as chip stocks surged on TSMC’s upbeat forecast and stronger-than-expected monthly retail sales indicated a robust U.S. consumer. Taiwan Semiconductor Manufacturing Co, the world’s largest contract chipmaker, beat market estimates for profit and forecast a jump in fourth-quarter revenue, driven by demand for artificial intelligence chips. The chipmaker’s U.S.-listed shares soared … Read more…

By Lucia Mutikani WASHINGTON (Reuters) -U.S. retail sales increased solidly in September likely as lower gasoline prices gave consumers more money to spend at restaurants and bars, supporting the view that the economy maintained a strong growth pace in the third quarter. The slightly stronger-than-expected rise in sales reported by the Commerce Department on Thursday also reflected sharp increases in receipts at clothing store outlets as well as miscellaneous store retailers. Consumers boosted online purchases … Read more…