MarketCatalystThe AI customer-support startup, last valued at $4.5 billion, is exploring an acquisition and has held early talks with ServiceNow, according to Business Insider. Here is what was reported, who else is in the space, and why ServiceNow is in the frame.
Bumble jumped 56% on a $1.3 billion take-private, Fermi surged, and big banks reported, while Micron, Applied Materials and other chip names fell and Johnson & Johnson and Six Flags dropped. Here is what moved at midday on Oct. 13 and why.
On the first day of bank earnings, the CEOs of Goldman Sachs, JPMorgan and Wells Fargo all flagged the same risk: a debt-fueled AI infrastructure boom that could face a painful reset. Here's what each said and why it matters.
Earnings season kicked into gear Tuesday. UnitedHealth beat and raised its outlook, Goldman Sachs grew revenue 23%, and JPMorgan posted a rare miss. Apple unveiled its HomeView smart-home hub, and Cipher Digital fell on an $850 million convertible note sale.
A selloff in Korean chip stocks spilled into crypto derivatives on October 13, liquidating $803 million in leveraged positions across 10 exchanges. Bitcoin briefly fell below $81,000, and tokenized SanDisk contracts saw more liquidations than XRP.
China's central bank approved Visa's Beijing subsidiary to start preparing a domestic card clearing business, moving it closer to a market UnionPay dominates. Commercial operations still need a license, and Visa has one year to get ready.