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DoorDash in Talks to Acquire Instacart, Shares Swing on Report
DoorDash shares fell and Instacart shares rose after reports that DoorDash is in exclusive talks to acquire Instacart, a second attempt after a 2021 deal collapsed.
Cadence Launches Maestro AI Models for Chip Design, Betting On-Premises Flexibility Against Synopsys' OpenAI Tie-Up
Cadence unveiled its Maestro AI Model Portfolio built in part on Nvidia's Nemotron model, emphasizing on-premises deployment flexibility in contrast to Synopsys' OpenAI-hosted GPT-Synopsys model, with early access starting in Q4 2026.
Stock Market Today: Technology Leads While S&P 500 Advances
Technology led the session while the S&P 500 advances. See the validated market scorecard, sector performance, and what traders are watching next.
Apple Unveils OLED iPad Mini with A20 Pro Chip, Teases More Launches Ahead of 'Pro and Tell' Event
Apple unveiled a new OLED iPad mini with the A20 Pro chip and IP67 water resistance, with pre-orders starting October 28 ahead of a teased 'Pro and tell' event.
FTC and 20 States Sue Dollar General Over Alleged Shelf-Price Overcharging
The FTC and 20 states have sued Dollar General, alleging the retailer charged customers more than shelf and advertised prices. Shares fell about 4%, CNBC reported.
Microsoft Offers Voluntary Exit Program to About 60,000 Employees in Four Countries Ahead of Earnings
CNBC and Seeking Alpha report Microsoft's new voluntary exit offer covers about 60,000 employees — roughly 27% of its 223,000-person workforce — in the U.S., Canada, India and the U.K., two days before third-quarter results.
SpaceX Discloses $40 Billion Off-Balance-Sheet Debt Deal With Apollo to Finance AI Chips
Elon Musk and a regulatory filing say SpaceX closed roughly $40 billion in off-balance-sheet GPU financing with an Apollo-managed entity, according to Bloomberg and CNBC.
Anthropic Files S-1 for IPO, Discloses $16.3 Billion Revenue and $80.7 Billion Loss
Anthropic's newly filed S-1 shows $16.3 billion in six-month revenue, an $80.7 billion first-half loss, heavy compute commitments with SpaceX and Microsoft, and underwriters led by Goldman Sachs and Morgan Stanley ahead of a planned IPO, per CNBC and Yahoo Finance.
Verizon Raises 2026 Subscriber and EPS Guidance, Signs $2 Billion-Plus AWS AI Infrastructure Deal
Verizon raised its 2026 subscriber and EPS guidance after a Q3 postpaid beat and signed a $2 billion-plus AI infrastructure deal with AWS, per CNBC reporting.
Meta Outlines $95 Billion Capital Plan to Fund AI Infrastructure Buildout
Meta said it plans to raise $95 billion through a mix of operating cash flow, investment-grade debt, partnerships and equity to fund AI infrastructure, following repeated increases in its capex guidance, according to CNBC.
EQT to Acquire Range Resources in All-Stock Deal Valued at More Than $50 Billion, Creating Largest U.S. Natural Gas Producer
EQT has agreed to acquire Range Resources in an all-stock deal valued at more than $50 billion, expected to close in Q1 2027, creating what the companies call the largest U.S. natural gas producer, according to a regulatory filing and news reports.
Lula Wins Historic Fourth Term in Brazil After Overturning First-Round Loss; Bolsonaro Vows to Seek Annulment
Lula won Brazil's presidential runoff with 51.8% of valid votes, overturning a first-round loss, while Senator Flávio Bolsonaro refuses to concede and says he will seek annulment of the result.
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