According to Bank of America data, large investors are selling tech stocks at the fastest rate in two years. The selling pressure comes as concerns grow about lofty valuations despite strong earnings reports. Even Palantir’s better-than-expected results couldn’t stop the broader market decline.
Elon Musk’s xAI required employees to submit biometric data including faces and voices to train its “Ani” AI companion. The program, code-named “Project Skippy,” gave the company perpetual rights to use employee likenesses. Some employees expressed concerns about potential misuse of their data.
China’s markets showed remarkable resilience despite broader Asian weakness driven by AI concerns. The White House cut tariffs on Chinese goods from 34% to 10% effective November 10, while China suspended some retaliatory tariffs for one year. A US agricultural trade delegation’s visit went largely
Google and Epic Games have reached a settlement that fundamentally changes Android’s app ecosystem. The agreement cuts Google’s standard fees and forces open competition until 2032, marking a major victory for developers.
According to a top Wall Street analyst, much of the private economy just emerged from a three-year “rolling recession” that most economists missed. Earnings are now growing at the fastest pace since 2021, suggesting a broader recovery is underway.
Swedish contamination control startup DREV has raised €2.8 million to expand its Vault product line for capturing and reusing critical metals from battery manufacturing. The funding comes as Europe ramps up gigafactory compliance with new sustainability regulations. DREV’s technology addresses the o
New PlayStation Store backend references hint at Sony exploring PC integration and cross-platform purchasing. This could signal a major shift in Sony’s traditionally console-focused strategy as Microsoft pushes broader gaming ecosystems.
Portal Space Systems has introduced Starburst, a highly maneuverable spacecraft designed for proliferated satellite constellations. The Starburst-1 mission will launch in 2026 on SpaceX’s Transporter-18 rideshare to demonstrate rapid orbital changes and rendezvous capabilities. This represents a sig
IBM is cutting a “low single-digit percentage” of its 270,000 employees, potentially affecting thousands. The company says this is routine rebalancing while maintaining flat US employment.
AMD’s desktop CPU sales reached all-time highs in Q3 2025, with the client business hitting a record $2.8 billion. The company gained nearly 10 percentage points of market share against Intel, and CEO Lisa Su expects the growth to continue.
