By Samantha Carter, Chief Editor Nasdaq-100 futures fell 0.8% overnight, more than double the decline in Dow Jones Industrial Average futures, after Democrats won the Texas governorship in the 2026 midterm elections, CNBC reported. The State Street Technology Select Sector SPDR ETF (XLK) was down 2% on the Robinhood trading platform. CoreWeave, a high-risk neocloud … Read more
New Zealand Unemployment Climbs to 5.7 Percent in September Quarter New Zealand’s unemployment rate climbed to 5.7 percent in the three months ended September, reaching its highest level in nearly 11 years, 1News reported. Statistics New Zealand released the data on Wednesday, showing a total of 174,000 people were unemployed during the period. That figure … Read more
More than half of the thousands of student financial aid applications submitted last year at two career colleges originated from a single Internet Protocol address, according to ministry documents filed in court. Ontario’s colleges and universities minister announced Tuesday that he will not release a government-commissioned audit investigating student financial aid usage across the career … Read more
Apple Reports Fourth-Quarter Earnings as iPhone 18 Sales Face Margin Pressure Apple reported its fourth-quarter earnings after the market closed on Monday, delivering investors their first look at early sales figures for the iPhone 18 Pro alongside results that outpaced the same period last year. CNBC reported that Bloomberg analyst consensus estimates projected earnings per … Read more
The Bank of England is examining whether to raise the threshold for high loan-to-income mortgages to five times household income from 4.5 times currently, the Financial Times reported on Saturday, as policymakers face pressure to improve access to home ownership while the housing market loses momentum. Bank of England Reviews Loan-to-Income Caps The central bank’s … Read more
Hyperscaler Cash Burn Collapses Tech Stocks as Wall Street Absorbs AI Infrastructure Bills Technology stocks absorbed another heavy sell-off as investors reacted to escalating capital expenditures for artificial intelligence infrastructure. Alphabet, Amazon, and Intel shares faced steep declines in extended trading, driven by rising spending and deteriorating cash flows that missed Wall Street expectations, Yahoo … Read more
Pak’nSave Supermarkets Fined for Pricing Errors The Commerce Commission fined two Pak’nSave supermarkets—Silverdale in Auckland and Mill Street in Hamilton—$580,500 for repeated pricing errors that misled customers. Both stores pleaded guilty to breaches of the Fair Trading Act, with Silverdale facing 10 charges and Mill Street eight. The fines, imposed in the Auckland District Court, … Read more
Village residents in Odisha, India, discovered five baby orangutans left on a local plantation in early September, exposing a surging illicit trade that brings critically endangered apes over 2,700 kilometers away from their native rainforests in Borneo and Sumatra. Five Baby Orangutans Found Abandoned on an Indian Plantation The three males and two females, aged … Read more
“We are now scaling high-quality ads within AI overviews in AI mode to more users and queries,” Philipp Schindler, Google’s chief business officer, said during the call with investors. The announcement came Wednesday during Alphabet’s third-quarter earnings call, marking a major change as Google brings ads in its AI-powered Search experiences to international markets while … Read more
Ozon Books 30.1 Billion Rubles in Drone Strike Damages Russian online retailer Ozon booked 30.1 billion rubles ($373.1 million) in estimated damages from Ukrainian drone attacks targeting around a dozen of its warehouses across the country, The Moscow Times reported. The company disclosed the losses in its third-quarter earnings release, stating that some of the … Read more