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Business News

Location American Business News for 26 October 2026

Asian Stocks Decline as Appetite for Risky Assets Ebbs

Wall Street Journal - 26 Oct 2026 03:11
Asian Stocks Decline as Appetite for Risky Assets Ebbs Oil prices hovered around multimonth highs, while market participants look to the Federal Reserves coming interest-rate decision for direction.
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Musk says SpaceX landed a $40 billion debt deal - and forecasts doom for some AI rivals SpaceX is rapidly growing an AI business that rents out access to advanced chips.
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Why So Many Shoppers Think Retailers Are Using AI to Jack Up Prices Walmart, McDonalds and other companies have dismissed concerns that they are raising prices based on who is buying or sudden need.
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Meta and SpaceX to Raise Billions More to Fund A.I. Ambitions

The New York Times - 26 Oct 2026 13:31
Meta and SpaceX to Raise Billions More to Fund A.I. Ambitions The race to build artificial intelligence infrastructure is consuming increasingly enormous amounts of cash at the biggest tech companies.
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Anthropic reveals loss as it plans to sell public shares for first time Artificial intelligence giant Anthropic, the company behind the popular Claude chatbot, has filed papers to sell shares to the public for the first time.
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Wall Streets $150K Bitcoin Calls for 2026 Are Subtly Falling Apart With 66 days left in 2026 and bitcoin near $80,000, most of the big bank targets set at the start of the year now need a rally of 50% or more to land. The List A post shared by prominent analyst Shah lined up a number of...
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Bitcoin Price Clings to $80K While 9 Moving Averages Favor Bears Bitcoins price is clawing its way back toward $81,000, but the technical picture remains a tug-of-war between determined buyers and stubborn sellers. Trading near $80,274, bitcoin faces immediate resistance at $80,500 to...
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A dot-com survivor warns retail investors against buying the tech dip: Youre taking a knife to a gunfight. Technology-portfolio mangers are treading carefully with tech these days, retail investors should be just as cautious, says industry veteran Ted Mortonson.
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Nvidia, AMD and Broadcom could buy Meta shares as part of $35 billion stock offering Meta is looking to raise a total of $95 billion through stock-related deals that stretch into early next year.
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From Stripe to Bitcoin: Card Fraud Case Ends in Prison Sentence A Rochester mans fraud scheme moved unauthorized credit-card payments through bank accounts before funding bitcoin purchases and transfers to co-conspirators. Timothy Wadsworth received a prison sentence after processing...
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New Taiwan Dollar Likely to Rebound After Recent Slump

Wall Street Journal - 26 Oct 2026 03:24
The New Taiwan dollar will likely rebound after its recent slump, Goldman Sachs said.
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Death Threats, Lawsuits and Billions in Play: The Battle Over Moving Russian Oil A former Deutsche Bank executive got into business with the kingpins of Russias shadow fleet. Then it all went south.
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Oil Declines on Likely Technical Correction

Wall Street Journal - 26 Oct 2026 02:18
Oil prices declined in Asian trade on likely technical correction after Brent futures ended last week at the highest level since April this year.
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Nikkei Falls 0.5%, Dragged by Chip, Electronics Stocks

Wall Street Journal - 26 Oct 2026 01:19
Japanese stocks were lower as concerns about the Iran conflict and higher energy costs persist.
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AARP warns Americans on 401(k), Roth IRA changes

The Street - 26 Oct 2026 23:57
AARP warns Americans on 401(k), Roth IRA changes The nonprofit advocacy group for older Americans cautions retirement savers about pitfalls to avoid when shifting accounts.
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Jay-Zs Company Picks Jay-Z As Next Super Bowl Halftime Performer Because Roc Nation partnered with the NFL in 2019 as its live music strategist and co-producer, Jay-Z holds decision-making authority over the selection of performers.
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4 in 10 FSA holders lose hundreds to one year-end rule EBRI data shows 4 in 10 FSA participants forfeited an average of $404 in 2024. Workers under 25 lost funds at the highest rate of any age group.
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Monero Hashrate Nears Record Highs as XMR Price Gains 70% in a Year Moneros network hashrate is hovering near historic highs, but its mining distribution tells an equally compelling story. On Monday, network computing power stood near 7.12 GH/s, with three major mining pools controlling ...
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Anthropic's IPO filing answers one of the biggest questions about the AI boom: Can AI labs actually make money? Anthropic's IPO filing shows AI can be profitable at scale. An analyst estimates its revenue per employee outpaces Meta and Google.
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U.S. Air Force Signs $694 Million Deal To Unleash Hypersonic Missiles The ARRW, pronounced as "arrow," is a powerful stealth weapon that flies at well over 5 times the speed of sound and releases guided warheads. It is ready for field use.
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Meta plans $95bn stock offering to help cover AI expansion Tech firm announces two-part fundraising after Elon Musk warns hundreds of AI startups face collapseMark Zuckerbergs Meta has announced plans for $95bn (£71bn) of fundraising to cover its AI expenditure, even as Elon Mu...
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Best Cloud Migration Strategy for Your Business?

Small Business Trends - 26 Oct 2026 23:31
Best Cloud Migration Strategy for Your Business? Discover the best cloud migration strategy for your business with our comprehensive guide. Learn key steps, best practices, and expert tips to ensure a smooth transition to the cloud, enhancing efficiency and scalability...
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