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world

Samsung’s third-quarter profit more than doubles, beating estimates as chip recovery gathers pace
1 min read

Samsung’s third-quarter profit more than doubles, beating estimates as chip recovery gathers pace

  • world
October 30, 2025 farman.mansoori.ff@gmail.com

Samsung Electronics reported a rebound in earnings on Thursday, with operating profit more than doubling from the previous quarter. Source link

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Asia-Pacific markets open mixed as Fed casts doubt on another rate cut in December
1 min read

Asia-Pacific markets open mixed as Fed casts doubt on another rate cut in December

  • world
October 30, 2025 farman.mansoori.ff@gmail.com

Federal Reserve Chair Jerome Powell indicated on Thursday that the central bank might not cut interest rates again in 2025. Source link

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Meta CEO Mark Zuckerberg defends AI spending: 'We're seeing the returns'
1 min read

Meta CEO Mark Zuckerberg defends AI spending: 'We're seeing the returns'

  • world
October 29, 2025 farman.mansoori.ff@gmail.com

Mark Zuckerberg is reminding investors that Meta needs to keep spending on artificial intelligence because of the risk of not investing enough. Source link

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YouTube offers voluntary buyouts as company reorganizes around AI
1 min read

YouTube offers voluntary buyouts as company reorganizes around AI

  • world
October 29, 2025 farman.mansoori.ff@gmail.com

In an internal memo to staff, YouTube CEO Neal Mohan said the platform is reorganizing its product teams for the first time in a decade. Source link

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Microsoft takes .1 billion hit from OpenAI investment
1 min read

Microsoft takes $3.1 billion hit from OpenAI investment

  • world
October 29, 2025 farman.mansoori.ff@gmail.com

Microsoft and OpenAI are key partners in cloud and artificial intelligence, but they’re increasingly becoming competitors as well. Source link

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Microsoft reports earnings beat as Azure revenue climbs 40%
1 min read

Microsoft reports earnings beat as Azure revenue climbs 40%

  • world
October 29, 2025 farman.mansoori.ff@gmail.com

Microsoft’s cloud business has been growing faster than rival Amazon Web Services, as the company ramps up artificial intelligence investments. Source link

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There were two Fed dissenters: Miran wanted a bigger cut and Schmid voted for no easing at all
1 min read

There were two Fed dissenters: Miran wanted a bigger cut and Schmid voted for no easing at all

  • world
October 29, 2025 farman.mansoori.ff@gmail.com

Federal Reserve Governor Stephen Miran instead called for a half-point cut, while Kansas City Fed President Jeffrey Schmid voted for no decrease. Source link

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10-year Treasury yield surges back above 4% after Powell says December rate cut far from certain
1 min read

10-year Treasury yield surges back above 4% after Powell says December rate cut far from certain

  • world
October 29, 2025 farman.mansoori.ff@gmail.com

U.S. Treasury yields rose on Wednesday after the Federal Reserve cut interest rates for the second time this year. Source link

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Fed cuts rates for the second time this year, will end balance sheet run-off in December
1 min read

Fed cuts rates for the second time this year, will end balance sheet run-off in December

  • world
October 29, 2025 farman.mansoori.ff@gmail.com

The Federal Reserve on Wednesday released its interest decision following a two-day meeting. Source link

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Eli Lilly, Walmart to offer first retail pickup option for discounted vials of weight loss drug Zepbound
1 min read

Eli Lilly, Walmart to offer first retail pickup option for discounted vials of weight loss drug Zepbound

  • world
October 29, 2025 farman.mansoori.ff@gmail.com

Starting in mid-November, cash-paying patients can purchase Zepbound vials at discounts of 50% or more through the retailer’s locations or via home delivery. Source link

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