Amazon falls 7%, Intel plunges 25% in premarket trading, as pressure mounts after earnings
The earnings reaction also includes Intel shares falling 25% in premarket trading amid mounting pressure after its results.
Top News
French economy unexpectedly contracts as exports slump in third quarter
On the map → France · sovereign stress
More: Financial Times, Anadolu Agency
Bitcoin tumbles as Binance hack rattles crypto markets
Prediction markets:
KalshiWill BTC trimmed mean be below $75000.00 by 11:59 PM ET on Oct 31, 2026?
Bitcoin below $75,000.00: 18% · up 5 percentage points from 13% quoted · Closes · Quote captured
PolymarketWill the price of Bitcoin be less than $72,000 on October 30
1% · Closes · Quote captured
More: Reuters, CNBC TV18, CoinDesk, Investing.com, CNBC
Bank of Japan holds its policy rate at 1.25%
More: Reutersopen, CNBC TV18open, CNBCopen, Seoul Economic Dailyopen, The Japan Timesopen
Gold slips as higher oil, US inflation data bolster Fed hike bets
More: Bloomberg, The Business Times, FXStreet, Investing.com
Binance hack: Tether, Circle freeze $2.4 billion in crypto assets; Bitcoin tumbles below $79,000
More: Reuters, Investing.com, CNBC
Japan’s Tokyo CPI inflation climbs 2.8% in October
The Federal Reserve voted Wednesday to keep benchmark interest rates on hold
AnalysisBloombergOct 29 at 2:15 AM PDT
Warsh’s AI Optimism May Box Him In at the Fed
Federal Reserve Chair Kevin Warsh champions parsimony in central bank communications and loathes so-called forward guidance. But he’s said plenty about the future of artificial intelligence: He’s an arch optimist on the technology who thinks it will help him vanquish inflation. In a November Wall Street Journal column published shortly before getting picked to lead the central bank, Warsh wrote that “AI will be a significant disinflationary force, increasing productivity and bolstering American - Fed Chair Kevin Warsh really believes in the potential for artificial intelligence to vanquish inflation, maybe a bit too much
US economic growth accelerates in third quarter
AnalysisEconbrowserOct 29 at 11:46 AM PDT
U.S. GDP grows more in Q3
The Bureau of Economic Analysis announced today that seasonally adjusted U.S. real GDP grew at a 3.4% annual rate in the third quarter. That is a little above the historical average growth of 3.1% and better than the numbers we’d been seeing over the last three quarters. Today’s GDP report brings the Econbrowser recession indicator […]
The Most Dangerous Investment Cycle In History | Paul Kedrosky
Global tech rout deepens after US earnings stoke AI spending fears
AnalysisPaul KrugmanOct 29 at 4:56 AM PDT
Will the AI Investment Splurge Last?
The boom is hitting two walls at once: Financing and public hatred
More: Seoul Economic Dailyopen
United States
Third-quarter U.S. GDP increases a better-than-expected 3.4% as September inflation accelerates
U.S. Jobless Claims Fall to 194,000, Near 57-Year Low
Nasdaq closes sharply lower as Alphabet's slide weighs down the stock market
Microsoft’s Profit Jumps 32% Despite Big Increase in Spending
More: Reutersopen, Bloomberg, CNBCopen, SiliconANGLEopen
ECB holds rates as Lagarde announces early departure
On the map → France · sovereign stress
AnalysisinvestingLiveOct 29 at 6:15 AM PDT
ECB rate decision: No change in rates
The big news earlier today was ECB President Christine Lagarde announcing that she will depart in February. Bank in April on Bloomberg TV she said: "When there is big clouds on the horizon, the captain does not leave the ship— and this captain is not going to leave the ship, because I see clouds." So I guess she doesn't see clouds any longer. In any case, here are the headlines: Main refi rate 2.65% vs 2.65% expected Deposit rate 2.50% vs 2.50% expected Marginal lending facility at 2.90% vs 2.90% expected Says energy prices continuing to rise, posing upside risks to inflation outlook and downside risks to growth Underlying inflation has remainded broadly stable so far and wages do not show a material response at this stage Well positioned to navigate uncertainty ECB is not pre-committing to a particular path ECB says stands ready to adjust all of its instruments within its mandate to ens
President Lagarde presents the latest monetary policy decisions – 29 October 2026
More: Investing.comopen, Reutersopen, CNBCopen, Seoul Economic Dailyopen, Anadolu Agencyopen
Binance’s possible hack triggers $3bn freeze in crypto assets
More: Axios
Alphabet earnings miss reflects first real sign that AI is taking a bite out of search
More News
CNBC · Oct 30 at 1:22 AM PDT
Reuters · Oct 30 at 12:40 AM PDT
Reuters · Oct 29 at 10:40 PM PDT
The Wall Street Journal · Oct 29 at 7:12 PM PDT
Financial Times · Oct 29 at 3:45 PM PDT
Earlier
CNBC · Oct 29 at 9:00 PM PDT
Daily Maverick · Oct 29 at 9:55 PM PDT
The Economic Times · Oct 29 at 8:09 PM PDT
The Economic Times · Oct 29 at 5:58 PM PDT
Bloomberg · Oct 28 at 9:39 PM PDT
