https://www.fin-node.net/finance U.S. markets news: stocks, earnings, the Fed and the economy. en-us https://www.fin-node.net/finance/alphabet-sheds-482-billion-worst-day-since-ipohttps://www.fin-node.net/finance/alphabet-sheds-482-billion-worst-day-since-ipoAlphabet lost $482 billion of market value on Thursday, the second-largest single-day wipeout in U.S. history and the steepest drop since the company Companies https://www.fin-node.net/finance/coinbase-earnings-show-bitcoin-still-calls-shotshttps://www.fin-node.net/finance/coinbase-earnings-show-bitcoin-still-calls-shotsCoinbase Global posted third-quarter adjusted net income of $719 million, a 66 percent jump from $433 million a year earlier, but the beat came from tCrypto https://www.fin-node.net/finance/gm-settles-36-state-data-privacy-suit-220mhttps://www.fin-node.net/finance/gm-settles-36-state-data-privacy-suit-220mGeneral Motors will pay $220 million to resolve claims from 36 states that it harvested and sold detailed driving and location data without proper conMarkets https://www.fin-node.net/finance/github-adds-4-million-cpu-cores-handle-ai-code-surgehttps://www.fin-node.net/finance/github-adds-4-million-cpu-cores-handle-ai-code-surgeGitHub added 4 million CPU cores, 160 petabytes of storage and 50 terabits per second of networking capacity this year to absorb a flood of AI-generatMarkets https://www.fin-node.net/finance/alphabet-sheds-half-trillion-market-value-ai-spending-alarms-investorshttps://www.fin-node.net/finance/alphabet-sheds-half-trillion-market-value-ai-spending-alarms-investorsAlphabet lost just over $500 billion in market capitalization on Thursday after its latest quarterly update convinced Wall Street that the company's aMarkets https://www.fin-node.net/finance/binance-sets-aside-6-34-billion-cover-hack-losseshttps://www.fin-node.net/finance/binance-sets-aside-6-34-billion-cover-hack-lossesBinance has earmarked more than $6.34 billion of its own money to absorb the fallout from a breach that drained roughly $6.3 billion in customer assetCrypto https://www.fin-node.net/finance/alphabet-loses-half-trillion-market-value-ai-spending-alarmhttps://www.fin-node.net/finance/alphabet-loses-half-trillion-market-value-ai-spending-alarmAlphabet shed roughly $500 billion in market capitalization Thursday, the second-largest single-day wipeout in stock-market history, after investors dMarkets https://www.fin-node.net/finance/alphabets-ai-spending-spree-collides-search-slowdownhttps://www.fin-node.net/finance/alphabets-ai-spending-spree-collides-search-slowdownAlphabet shares dropped more than 13 percent on Thursday, erasing roughly $511 billion in market value, after third-quarter results showed the companyMarkets https://www.fin-node.net/finance/trian-returns-1-4-billion-wendys-offerhttps://www.fin-node.net/finance/trian-returns-1-4-billion-wendys-offerA group led by Nelson Peltz's Trian Fund Management has offered $7.35 per share in cash to take Wendy's private, valuing the equity at roughly $1.4 biMarkets https://www.fin-node.net/finance/microsoft-trims-ai-capex-forecast-delayed-gpu-capacityhttps://www.fin-node.net/finance/microsoft-trims-ai-capex-forecast-delayed-gpu-capacityMicrosoft lowered its capital expenditure outlook for the 2026 calendar year to $170 billion from $175 billion, a rare downward revision in a sector tMarkets https://www.fin-node.net/finance/microsofts-openai-line-item-hits-10-billion-quarterhttps://www.fin-node.net/finance/microsofts-openai-line-item-hits-10-billion-quarterMicrosoft booked $10 billion in revenue tied to OpenAI during the three months ended September 30, a figure that amounts to roughly 11 percent of the Earnings https://www.fin-node.net/finance/coca-cola-raises-2026-profit-forecast-premium-drink-strengthhttps://www.fin-node.net/finance/coca-cola-raises-2026-profit-forecast-premium-drink-strengthCoca-Cola lifted its full-year earnings outlook after third-quarter revenue topped estimates, a rare beat in a consumer sector where volume growth hasEarnings https://www.fin-node.net/finance/jio-platforms-surges-21-5-record-indian-debuthttps://www.fin-node.net/finance/jio-platforms-surges-21-5-record-indian-debutShares of Jio Platforms rose 21.5% on their trading debut Wednesday, closing at 1,360 rupees after the country's largest-ever initial public offering Markets https://www.fin-node.net/finance/novartis-books-1-9-billion-impairment-lifts-full-year-guidancehttps://www.fin-node.net/finance/novartis-books-1-9-billion-impairment-lifts-full-year-guidanceNovartis recorded a $1.9 billion partial impairment charge in the third quarter tied to del-desiran, the myotonic dystrophy candidate it acquired throEarnings https://www.fin-node.net/finance/anthropic-ipo-filing-reveals-567-billion-compute-billhttps://www.fin-node.net/finance/anthropic-ipo-filing-reveals-567-billion-compute-billAnthropic's S-1 makes clear that the AI startup's single largest line item is not talent or research but the electricity and silicon required to keep Companies https://www.fin-node.net/finance/meta-plans-95-billion-equity-raise-ai-buildouthttps://www.fin-node.net/finance/meta-plans-95-billion-equity-raise-ai-buildoutMeta said Monday it will raise $95 billion through stock sales to fund an artificial intelligence infrastructure push that has already pushed its capiMarkets https://www.fin-node.net/finance/doordash-nears-17-billion-deal-instacarthttps://www.fin-node.net/finance/doordash-nears-17-billion-deal-instacartDoorDash is in advanced talks to acquire Instacart for about $17 billion, with an announcement possible as early as this week, according to the Wall SCompanies https://www.fin-node.net/finance/meta-files-95-billion-equity-raise-fund-ai-infrastructurehttps://www.fin-node.net/finance/meta-files-95-billion-equity-raise-fund-ai-infrastructureMeta Platforms disclosed Monday that it intends to raise as much as $95 billion through equity sales, a financing package designed to underwrite the cMarkets https://www.fin-node.net/finance/anthropic-files-nasdaq-listing-potential-1-5-trillion-valuationhttps://www.fin-node.net/finance/anthropic-files-nasdaq-listing-potential-1-5-trillion-valuationAnthropic filed for an initial public offering on the Nasdaq under the ticker ANT, targeting a valuation of up to $1.5 trillion despite posting a net Companies https://www.fin-node.net/finance/hsbc-folds-hang-seng-asset-unit-into-own-fund-businesshttps://www.fin-node.net/finance/hsbc-folds-hang-seng-asset-unit-into-own-fund-businessHSBC is merging Hang Seng Investment Management into HSBC Asset Management, the first concrete business-line integration since the London-based bank tMarkets https://www.fin-node.net/finance/meta-raises-95bn-ai-non-voting-stock-chip-maker-anchorshttps://www.fin-node.net/finance/meta-raises-95bn-ai-non-voting-stock-chip-maker-anchorsMeta is raising up to $95 billion in fresh equity to fund an AI build-out that the company says already runs into the hundreds of billions over the neMarkets https://www.fin-node.net/finance/anthropic-files-ipo-16-3-billion-half-year-revenuehttps://www.fin-node.net/finance/anthropic-files-ipo-16-3-billion-half-year-revenueAnthropic filed for its initial public offering on Monday, unveiling the financial architecture behind one of the most anticipated debuts in recent meCompanies https://www.fin-node.net/finance/musk-merger-talk-eclipses-tesla-earnings-misshttps://www.fin-node.net/finance/musk-merger-talk-eclipses-tesla-earnings-missTesla reported third-quarter results on Wednesday that showed auto revenue declining and energy revenue dropping even more sharply, but the numbers weEarnings https://www.fin-node.net/finance/trump-targets-6-2-billion-wind-project-near-finish-linehttps://www.fin-node.net/finance/trump-targets-6-2-billion-wind-project-near-finish-lineThe Trump administration is asking a federal court to let it rescind the 2023 approval for Revolution Wind, a $6.2 billion offshore project that has bMarkets https://www.fin-node.net/finance/meta-shares-drop-7-5-ai-spending-plan-overshadows-beathttps://www.fin-node.net/finance/meta-shares-drop-7-5-ai-spending-plan-overshadows-beatMeta Platforms fell 7.5 percent on Thursday to $644.30, erasing the post-earnings pop that might have followed a quarter that topped estimates on everEarnings https://www.fin-node.net/finance/spacex-q3-profit-lifted-boring-company-paper-gainhttps://www.fin-node.net/finance/spacex-q3-profit-lifted-boring-company-paper-gainSpaceX posted $4.4 billion of net income in the third quarter, reversing a $1.1 billion loss a year earlier, but $561 million of that profit came fromEarnings https://www.fin-node.net/finance/schwab-dividend-etf-hits-record-close-without-magnificent-seven-exposurehttps://www.fin-node.net/finance/schwab-dividend-etf-hits-record-close-without-magnificent-seven-exposureThe Schwab U.S. Dividend Equity ETF closed Thursday at $35.40, its highest finish on record, leaving the fund up roughly 29 percent since the end of 2Markets https://www.fin-node.net/finance/rivian-needs-23-193-q4-deliveries-hit-low-end-guidancehttps://www.fin-node.net/finance/rivian-needs-23-193-q4-deliveries-hit-low-end-guidanceRivian Automotive reaffirmed its full-year delivery target of 65,000 to 75,000 vehicles on October 22, leaving the fourth quarter to carry the weight Earnings https://www.fin-node.net/finance/nvidia-ceo-sees-no-2029-memory-glut-china-supply-fears-roil-markethttps://www.fin-node.net/finance/nvidia-ceo-sees-no-2029-memory-glut-china-supply-fears-roil-marketJensen Huang dismissed the idea that the memory market is heading for a surplus by the end of the decade, telling CNBC on Thursday that demand for higCompanies https://www.fin-node.net/finance/volvo-cars-shares-tumble-27-after-china-sales-collapsehttps://www.fin-node.net/finance/volvo-cars-shares-tumble-27-after-china-sales-collapseVolvo Cars shares fell 27 percent on Friday after the Geely-owned automaker reported a third-quarter operating loss of 5.6 billion Swedish kronor ($56Markets