Day: November 6, 2025
The stocks set to win from soaring AI spend, according to analysts
Corporate investment into artificial intelligence totaled over $250 billion last year as companies raced to develop intelligence-fueled products and services. That spend kept pace this year and is only expected to increase further as Big Tech firms like Meta , Alphabet and Microsoft vie for the AI dominance and pour more cash into the technology. […]
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China’s key weapons in its AI battle with the U.S. — massive Huawei chip clusters and cheap energy
China is focusing on large language models in the artificial intelligence space. Blackdovfx | Istock | Getty Images It’s well known that Chinese semiconductors designed for artificial intelligence cannot compete with the American firm Nvidia. Yet, China has managed to continue developing highly advanced AI models, with many being run on homegrown chips. China’s secret? […]
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Tesla says shareholders approve Musk’s $1 trillion pay plan with over 75% voting in favor
Elon Musk, CEO of Tesla, speaks during the 2025 Annual Shareholder Meeting on Nov. 6, 2025. Courtesy: Tesla Tesla said shareholders voted in favor of CEO Elon Musk’s almost $1 trillion pay plan, with 75% support among voting shares. Board members recommended shareholders approve the pay plan, which they introduced in September. Top proxy advisors […]
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Stocks making the biggest moves after hours: Airbnb, Take-Two Interactive, Peloton, Affirm and more
Check out the companies making headlines in after-hours trading. Take-Two Interactive Software — Shares of the video game developer tanked 7% after Rockstar Games, a subsidiary of Take-Two, announced a further delay in the release of Grand Theft Auto VI to November 2026 from May 2026. The announcement marks the second delay for the highly […]
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Take Two sinks 10% on delay of Grand Theft Auto VI to November 2026
Chris Delmas | AFP | Getty Images Shares of Take-Two Interactive Software sank 10% during after-hours trading on Thursday after Rockstar Games announced a further delay in the release of Grand Theft Auto VI to November 2026. “We are sorry for adding additional time to what we realize has been a long wait, but these […]
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Judge orders Trump administration to pay full SNAP benefits for November by Friday
Supplemental Nutritional Assistance Program (SNAP) signage at a grocery store in Dorchester, Massachusetts, US, on Monday, Nov. 3, 2025. Mel Musto | Bloomberg | Getty Images A federal judge on Thursday ordered the Trump administration to pay full SNAP benefits for November by Friday, rejecting the administration’s plan to partially fund that food stamp program […]
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Peloton posts bullish holiday forecast, betting that shoppers will spend big on new product lineup
A Peloton stationary bicycle inside a store in Palo Alto, California, US, on Monday, Aug. 5, 2024. David Paul Morris | Bloomberg | Getty Images Peloton on Thursday posted its second profitable quarter in a row as it released strong guidance for the crucial holiday shopping season, banking on its relaunched product assortment to drive […]
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Expedia shares pop more than 9% on quarterly beat
Michael Farr, Farr Miller & Washington, joins ‘Closing Bell Overtime’ with reaction to Expedia results. Source
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Startup Omada Health to start prescribing GLP-1s, other obesity medications as membership grows
The Omada Health logo is displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Virtual care company Omada Health on Thursday said it will start prescribing GLP-1s and other obesity drugs and helping patients manage those medications. Omada plans to expand the offerings under its weight management program as its membership grows […]
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Airbnb shares rise on revenue beat, stronger-than-expected forecast
Shares of Airbnb rose as much as 5% in extended trading on Thursday after the company reported third-quarter results that beat analysts’ estimates for revenue and offered rosy guidance. Here’s how the company did based on average analysts’ estimates compiled by LSEG: Earnings per share: $2.21 vs. $2.34 cents expected Revenue: $4.10 billion vs. $4.08 billion expected […]
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