Data center stocks fall as Korea IPO plunges 30%, putting pressure on tech sentiment
Data center stocks struggled Tuesday following a lackluster overnight IPO of a South Korean cloud company that was compared to U.S. neocloud CoreWeave. Shares of Elice fell 30% in their market debut overnight as investors grew increasingly wary of…
CagriSema de Novo shows 25% weight loss in women
Novo said Tuesday that its next-generation obesity drug, CagriSema, showed an average 25% weight loss in adult women in a new analysis conducted after a late-stage trial. The Danish company said further work was needed to confirm the hypotheses of two…
The physics behind Tesla’s flying roadster
The Roadster 2 upside down makes for a compelling selling point, but the aspiration actually has an important use case when rolling upright. The force of friction is what makes a car accelerate. More friction force, better performance. By pushing the car…
China denounces US ban on DeepSeek AI over security concerns
Pharmaceutical giant AstraZeneca is teaming up with tech powerhouse Oracle to use artificial intelligence to identify patients for clinical trials and monitor potential safety risks, aiming to speed up drug development and improve medical research. The…
SpaceX Q3 Results: Revenue Expected to Climb to $13 Billion as AI Business Takes Center Stage (SPCX:NASDAQ) – Seeking Alpha
SpaceX Q3 Results: Revenue Expected to Climb to $13 Billion as AI Business Takes Center Stage (SPCX:NASDAQ) In search of Alpha SpaceX surprises Wall Street with October 20 earnings date – here’s why Yahoo Finance SpaceX profits test Elon…
The 17 Best Deals to Shop During Amazon’s Holiday Beauty Event
Amazon’s Holiday Beauty Event is back, making it the perfect time to stock up on your favorite winter skincare, makeup, and haircare products. Through November 1, you can shop deals of up to 40% off brands like Medicube, Tarte, and Crest, plus…
What if an AI bubble burst – and it accelerated AI job losses? : Planet Money: NPR
This article first appeared in the Planet Money bulletin. You can register here. What if an AI bubble burst, triggering a recession, and that recession ended up accelerating the replacement of workers by AI? Call it the double whammy of AI. I know. Dark…
An AI meltdown could come from places investors aren’t watching, economist says
As concerns about an AI bubble grow, one economist warns that investors may overlook other vulnerabilities in the boom. “The trigger does not have to be endogenous to the boom. It could be external,” Dario Perkins, managing director of global…
FAA proposes $350,000 fine for dozens of unauthorized passenger flights
Find out what clicks on FoxBusiness.com. The Federal Aviation Administration announced Monday that it has proposed a $351,000 fine against a private charter company for alleged unauthorized flights. The civil penalty was proposed against Creamer Pilot…
GM Surpasses Third Quarter Results, Tightens Earnings Outlook, Unveils New $20 Billion Buyback
GM (GM) reported third-quarter results before the bell that beat estimates, tightened its full-year profit outlook instead of raising it, but instead launched its shareholders with a new $20 billion share buyback program. For the quarter, GM reported…