Eurozone states must nominate successor to Christine Lagarde
Eurozone member states have until November 6, 2026, to submit nominations to replace ECB President Christine Lagarde. The upcoming leadership reshuffle includes vacancies for…
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Apple revenue hits $114.5bn as earnings exceed analyst expectations
Apple reported $114.5bn in revenue for the July-September period, marking a 12% increase from last year. The company's $30.71bn earnings exceeded analyst forecasts and…
CoreWeave loses quarter of value amid neocloud market volatility
Neocloud firms face financial fragility as CoreWeave accumulates $35.1bn in debt to fund AI hardware. Analysts from Gartner and Forrester predict significant consolidation or…
Nasdaq loses $1tn in value as AI spending concerns trigger tech sell-off
The Nasdaq 100 faces a monthly loss of over $2tn as investors question if massive spending on artificial intelligence will yield sufficient returns. Tech…
Alphabet loses $510 billion in market value after search revenue slump
Alphabet's market value dropped to $3.46 trillion after third-quarter earnings missed projections due to slowing search growth. Google chief business officer Philipp Schindler noted…
French economy shrinks 0.1% in third quarter of 2026
France's economy contracted by 0.1% in the third quarter of 2026 due to extreme heat and high energy prices. Finance Minister Roland Lescure warned…
Alphabet shares fall as net profit drops 25 percent to $26.2bn
Alphabet shares lost hundreds of billions in value after quarterly net profit fell 25 percent to $26.2bn, missing analyst expectations. While Google Cloud revenue…