MarketCatalystThe cart saves products from multiple retailers, alerts shoppers to price drops and restocks, suggests promo codes and the best card to pay with, and checks out through Google's open Universal Commerce Protocol.
Andrew Feldman said OpenAI sought a major expansion after Cerebras' 750-token-per-second service worked so well, and said missing data-center capacity, not chip performance, was the problem as OpenAI reportedly turned to Nvidia GPUs. CBRS is down about 26% from its $185 IPO price.
Producer prices rose far more than forecast in September, led by a 20.3% jump in gasoline, pushing the annual rate to its highest since December 2022 and adding pressure on the Fed a day after hot consumer inflation.
Barclays cut Dell, Hewlett Packard Enterprise and NetApp to Equal Weight from Overweight, warning that their huge 2026 rallies reflect rising memory-driven prices, not AI revenue. Dell fell nearly 8%, HPE more than 4% and NetApp more than 3%.
Berkshire will buy 10 million new Bending Spoons shares at $33 each, lifting its stake to 4% and its total investment to $930 million. The stock jumped nearly 40% to around $53.
Headline inflation rose 0.6% in September and 3.7% from a year earlier, above forecasts, while core CPI accelerated to 2.6%. Treasury yields and the dollar jumped, and traders added bets on an October Fed rate hike.