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Intel warning sparks chip rout as PC weakness clouds turnaround
Oct 30 : Intel’s shares slumped 25 per cent in premarket trading after the chipmaker forecast a bleak quarter and warned of persistent weakness in the personal computer market through at least the first half of 2027, sparking a selloff in global chip stocks.The decline puts the US chipmaker, which forecast fo
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Cathay Pacific says Amadeus breach affected 53,000 bookings
Oct 30 : Hong Kong flagship carrier Cathay Pacific Airways said on Friday a data security breach at the Spanish software provider Amadeus affected around 53,000 bookings, though its own systems and operations were unaffected.Cathay joins other airlines, including Japan Airlines and South Korea’s Asiana Airlin
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Reddit, Pinterest shares tumble on weak user and revenue growth
Oct 30 : Shares of Reddit and Pinterest fell in premarket trading on Friday, after Reddit warned that Google’s AI search features could shrink its user base, and Pinterest forecast weak fourth-quarter revenue.Reddit shares tumbled 23 per cent, while Pinterest slumped 8 per cent. Here are more details:
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Scottish police probe Andrew, Epstein stay at royal castle: Reports
LONDON: Scottish police are in the “very early stage” of probing the late US sex offender Jeffrey Epstein’s reported stay at the royal Balmoral estate at the invitation of ex-prince Andre
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Explainer-Binance’s $6.3 billion hack: How crypto insurance works
Oct 30 : Hackers stole $6.3 billion from Binance in the world’s biggest crypto heist, putting a spotlight on how cryptocurrency exchanges insure their digital assets against theft and cyberattacks.But insurance protection is far from uniform. Coverage depends on how assets are stored, how hackers gain access
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Global equity funds draw inflows for a sixth straight week
Oct 30 : Global equity funds saw substantial inflows in the week ended October 28, though at a slower pace, as a rebound in AI and chip stocks, led by South Korea’s SK Hynix after record quarterly profit, lifted demand for technology and Asian funds.Investors bought a net $10.19 billion in global equity fun
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FBI and US Secret Service working with Binance after $6.3 billion hack, source says
LONDON, Oct 30 : Binance is working with law enforcement around the world, including the Federal Bureau of Investigation (FBI) and the United States Secret Service (USSS), after hackers stole a record $6.3 billion from the platform, a person familiar with the situation told Reuters.The US embassy in London s
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Gamble on democracy: Inside suspicious election-contracts trading on prediction markets
Prediction markets’ failure to call an LA primary correctly raised the possibility they can be manipulated to exaggerate the amount of support candidates have.
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Stocks making the biggest moves premarket: Intel, Amazon, Reddit, Chevron & more
These are the stocks posting the largest moves premarket.
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A cold winter risks another gas price shock in Europe as stocks dwindle to record lows
Gas prices topped 100 euros per MWh as EU storage hovers at record lows, raising the risk of sharper price swings in the event of a harsher winter.
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