business
The World Has More Billionaires Than Ever
Soaring tech valuations and stock-market gains have boosted the number of billionaires and the wealth they hold. Source link
Watches of Switzerland Posts Higher Earnings Helped by U.S. Growth
The company backed its outlook for fiscal 2026 as the U.S. accounts for almost 60% of the luxury-watch retailer’s profitability. Source link
U.K. Approves $37 Billion in Funding for Energy Grid
Ofgem, the U.K. energy-markets regulator, said the move will lessen the volatility in customers’ power bills. Source link
Sam Altman Has Explored Deal to Build Competitor to Elon Musk’s SpaceX
The OpenAI chief executive has looked to put together funds to either acquire or partner with a rocket company. Source link
Salesforce Raises Forecast as Agentforce Sales Top $500 Million
The customer-relationship management platform lifted its full-year revenue outlook to $41.45 billion to $41.55 billion and posted a third-quarter profit of $2.09 billion. Source link
Snowflake Strikes $200 Million AI Deal With Anthropic, Posts Narrower Third-Quarter Loss
The deal will make Anthropic’s large models available on Snowflake’s platform and establish a joint go-to-market initiative that aims to deploy AI agents across the world’s largest enterprises. Source link
Five Below Increases Full-Year View for Second Consecutive Quarter
The dollar-store chain now expects annual revenue to be $4.62 billion to $4.65 billion after posting a third-quarter profit of $36.5 million. Source link
Energy & Utilities Roundup: Market Talk
Find insight on crude prices, Orsted shares and more in the latest Market Talks covering Energy and Utilities. Source link
Auto & Transport Roundup: Market Talk
Find insight on Porsche, Renault, Stellantis and more in the latest Market Talks covering Auto and Transport. Source link
Trump Administration Lowers Fuel-Economy Rules For Carmakers
Congress had already eliminated fines for automakers that violated the rules. Source link