Month: November 2025
Palantir stock drops 7% on valuation concerns as CEO Karp rips short seller ‘market manipulation’
Palantir‘s stock fell 7% on Tuesday as Wall Street analysts raised concerns about the company’s elevated valuation and “Big Short” investor Michael Burry revealed a short position in the software company. During an interview with CNBC’s “Squawk Box” on Tuesday, CEO Alex Karp ripped into short sellers, calling their moves “market manipulation.” Karp called the […]
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NYC mayoral race: Mamdani, Cuomo, Sliwa fight to replace Adams as Trump weighs in
Independent candidate former New York Gov. Andrew Cuomo, Republican candidate Curtis Sliwa and Democratic candidate Zohran Mamdani participate in a mayoral debate, in New York, U.S. October 16, 2025. Angelina Katsanis | Via Reuters New York City voters will elect a new mayor on Tuesday, as two well-known Big Apple names strive to beat a […]
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Bitcoin’s November sell-off worsens as investors reduce risk on worries about the AI trade
Crypto World Bitcoin’s November sell-off worsens as investors reduce risk on worries about the AI trade Published Tue, Nov 4 20259:17 AM ESTUpdated 16 Min Ago Liz Napolitano@LizKNapolitano WATCH LIVE Source
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Metsera says Novo Nordisk’s new bid for obesity drugmaker is ‘superior’ to revised Pfizer offer
The logos of Danish drugmaker Novo Nordisk, maker of the blockbuster diabetes and weight-loss treatments Ozempic and Wegovy is seen outside theri building as the company presents the annual report at Novo Nordisk in Bagsvaerd, Denmark, on February 5, 2025. Mads Claus Rasmussen | Afp | Getty Images Metsera on Tuesday said Novo Nordisk‘s new […]
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Instacart rolls out AI tools for grocers, Sprouts will be first to use its Cart Assistant
Justin Sullivan | Getty Images Instacart on Tuesday launched a suite of artificial intelligence tools for grocers to deliver more personalized shopping experiences and improve retail operations. CEO Chris Rogers told CNBC that the announcement is a major step forward in the company’s enterprise strategy, which has grown to power hundreds of digital storefronts. “It’s […]
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NJ governor election: Sherrill and Ciattarelli face off in close race as Trump, Obama weigh in
New Jersey Republican gubernatorial candidate, Jack Ciattarelli (L), and New Jersey Democratic gubernatorial candidate Mikie Sherrill Getty Images New Jersey voters will decide Tuesday whether to elect Democratic candidate Mikie Sherrill or Republican challenger Jack Ciattarelli as their next governor. The race — one of just two U.S. gubernatorial elections this year — is seen […]
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Amazon’s new subsea internet cable Fastnet will have the capacity to stream 12.5 million HD movies simultaneously
Amazon is building a subsea fiber-optic cable called Fastnet to connect Maryland’s Eastern shore to County Cork, Ireland, in what will be the company’s first wholly-owned subsea cable project. Subsea fiber-optic communication cables carry over 95% of international data and voice traffic across the globe. These cables transmit hundreds of terabits of data per second […]
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Stocks making the biggest moves premarket: Uber, Sarepta, Palantir, Norwegian Cruise and more
Check out the companies making the biggest moves in premarket trading: Uber Technologies — The ride-sharing company fell 5% after saying fourth quarter adjusted EBITDA will range between $2.41 billion and $2.51 billion versus $2.47 billion expected by analysts polled by FactSet. Third-quarter revenue beat Wall Street’s expectations, at $13.47 billion versus the $13.28 billion […]
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Behind the wave of white-collar layoffs: Old-school cost cutting, tariffs and, yes, AI
Corporate America is getting rocked by historic rounds of white-collar layoffs, leading some to wonder: Has AI finally come for their jobs? While the proliferation of generative and agentic artificial intelligence is playing a role, recent job cut announcements from companies like Amazon, UPS and Target are about a lot more than just the advance […]
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Post Hindenburg, Adani Enterprises plans to raise $2.8 billion from rights issue
Indian billionaire Gautam Adani attends the 51st Gems and Jewellery Awards in Jaipur, India, November 30, 2024. Stringer | Reuters Adani Enterprises on Tuesday announced plans to raise 250 billion rupees ($2.8 billion) through a rights issue of shares as it seeks to move on from the controversy that erupted the last time it announced […]
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