π US Inflation Matches Expectations at 2.6%
US inflation rose to 2.6% in October, meeting expectations and hinting at potential Federal Reserve rate cuts.
π FBI Raids Polymarket CEO's Apartment
The FBI raided the NYC apartment of Polymarket CEO Shayne Coplan, but the purpose of the search is unclear.
π° Klarna Files for US IPO
Klarna, the buy now, pay later company, filed for an IPO in the US, valuing it at around $15 billion.
βοΈ Small Nuclear Reactors Report Results
Small nuclear reactor companies Oklo and Talen will share financial results, as their sector gains attention in meeting AI's power demands.
π Robinhood Expands with New Altcoins
Robinhood has added new altcoins, including solana and cardano, to its US trading platform.
π Volkswagen Boosts Investment in Rivian
Volkswagen increased its investment in Rivian to $5.8 billion to leverage its EV technology.
π° Jobless Claims and Earnings Anticipated
Jobless claims and producer price index data are expected on Thursday, along with big earnings.
π Cisco Raises Annual Revenue Forecast
Cisco has raised its annual revenue forecast, driven by increased AI-related demand.
βοΈ Spirit Airlines Faces Bankruptcy Concerns
Spirit Airlines faces bankruptcy concerns due to a 59% stock plunge and ongoing debt restructuring talks after a failed JetBlue merger.
π DraftKings, FanDuel Hit by Payouts
DraftKings and FanDuel are facing lower revenues due to high sports bettor payouts from recent favorable NFL outcomes.
π’ NYC Bill Shifts Broker Fees to Landlords
A New York City bill will require landlords to pay broker fees starting May, potentially lowering moving costs for renters.
π Marc Lore's Wonder Acquires Grubhub
Billionaire Marc Lore's startup Wonder is acquiring Grubhub for $650 million to expand its restaurant empire.
π Advertisers Return to X After Election
Some advertisers are expected to return to X for political leverage after Donald Trump's election win, despite a decline in ad spending.