AMSTERDAM, Oct 22 (Reuters) – AI cloud services firm Nebius on Thursday said it had secured a $3.5 billion financing facility from Citi to fund continued development of its data centers and GPU purchases as it races to expand capacity. The announcement comes against the…
Oct 22 (Reuters) – Comcast lost more broadband customers than expected in the third quarter as fierce competition chipped away at its core business, while NBCUniversal benefited from gains in theatrical and streaming ahead of its planned spinoff next year. Aggressive price cuts by carriers…
LONDON, Oct 22 (Reuters) – British pension funds could have greater exposure to AI-related risks than trustees realise, Britain’s pensions regulator said on Thursday, and urged them to challenge advisers on how a market downturn could affect their portfolios. In a statement the Pensions Regulator,…
By Lina Obeid and Tamar Uriel-Beeri JERUSALEM, Oct 22 (Reuters) – Israeli Prime Minister Benjamin Netanyahu and his main opponent Gadi Eisenkot both oppose an independent Palestinian state, meaning next week’s election is unlikely to produce a sweeping shift in policies that have hampered a…
By Mike Stone and Aatreyee Dasgupta Oct 22 (Reuters) – Lockheed Martin raised its annual sales and profit forecasts on Thursday after beating Wall Street estimates for third-quarter results, as ongoing geopolitical conflicts drove demand for its missile defense systems and fighter jets. Shares of…
Oct 22 (Reuters) – Blackstone, the world’s largest alternative asset manager, posted a drop in third-quarter earnings on Thursday, as a turbulent market environment weighed on its ability to cash in on investments. Global markets have been roiled by surging bond yields, expectations of higher-for-longer…
Oct 22 (Reuters) – Tesla’s shares slid 5% in premarket trading on Thursday as the EV maker’s reduced capital spending forecast raised questions about the pace of investment behind Elon Musk’s AI, robotics and autonomous-driving ambitions. The company on Wednesday lowered its 2026 capital spending…
By Richard Cowan WASHINGTON, Oct 22 (Reuters) – US President Donald Trump’s moves in recent weeks to ease economic pressure on Russia while stepping up criticism of Ukraine have triggered bipartisan opposition in Congress, potentially complicating his agenda after next month’s midterm elections. Seeking to…
By Douglas Gillison WASHINGTON, Oct 22 (Reuters) – Prediction market operators Kalshi, Polymarket and their founders have given at least $5 million combined to Republican and Democratic political groups this election cycle, according to campaign finance records and a private remittance document seen by Reuters.…
By Heather Schlitz DETROIT, Oct 22 (Reuters) – A neatly packed cardboard box of pasta, dry beans, canned goods and powdered milk made Tonya King cry. “I’ve been waiting for this,” said King, a 65-year-old Detroit grandmother, her voice cracking while tears streamed down her face.…
