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- ADP data shows U.S. small/medium firms cut 31,000 jobs in October 2025, contrasting with 73,000 large firm gains, as layoffs mirror 2009 crisis levels. - Major tech layoffs (IBM -8k, Amazon -14k, UPS -48k) and 153k October cuts highlight labor market fragility, with youth unemployment spiking to 10%. - Amazon faces EU DMA probes over cloud practices while raising $15B in bonds, attracting $80B demand, as Fitch reaffirms its "AA-" credit rating. - Fed may consider rate cuts by 2026 amid small business str
- Robert Kiyosaki criticized Warren Buffett's crypto skepticism, arguing Bitcoin serves as a hedge against collapsing traditional markets and central bank manipulations. - Buffett reiterated his stance against Bitcoin, favoring productive assets like stocks and farmland , with Berkshire Hathaway holding $308.9B in equities and $381.7B in cash. - Bitcoin ETFs saw $866M in outflows as prices dipped below $90K, contrasting with Kiyosaki's "People's Money" narrative and Saylor's bullish 2025 projections. - Hyb
- Bank of America's survey reveals 54% of fund managers view FAAMG+T as the most crowded trade, surpassing gold , driven by AI's influence and Magnificent Seven dominance. - The seven tech giants (Alphabet, Amazon , Apple , Meta , Microsoft , Nvidia , Tesla) now account for 21.5% of S&P 500 weight and 26% of its net income over 12 months. - AI-driven investments surge, with Nvidia's CUDA platform (4M developers) and Tesla's 1M Optimus robot target highlighting sector concentration and growth expectations.
- ADP data shows U.S. companies averaging 2,500 weekly layoffs in late October 2025, signaling a slowing labor market. - Major corporations like Amazon and Target announced large-scale layoffs, driven by shifting demand and cost-cutting pressures. - 55% of employed Americans fear job loss, while the Fed considers a December rate cut amid "near stall speed" labor conditions. - Global regulatory scrutiny of tech giants and AI-driven automation adds to concerns about employment impacts and economic stability.
- Home Depot shares slumped 2–3% premarket after Q3 2025 earnings missed profit forecasts and slashed full-year guidance. - Weak comparable sales growth (0.2% vs 1.3% expected) and housing market pressures highlighted sector-wide challenges. - GMS acquisition added $900M revenue but couldn't offset 1.6% transaction volume decline and margin pressures. - Analysts revised 2025 EPS forecasts down 5% as Stifel downgraded HD to "Hold," reflecting cyclical uncertainty. - Mixed investor reactions persist, with in
- Klarna reported $903M Q3 revenue (up 31.6%) but $95M net loss due to higher loan loss provisions as it expands "Fair Financing" loans. - Klarna Card drove 4M sign-ups (15% of October transactions) and 23% GMV growth to $32.7B, central to its AI-driven banking strategy. - Q4 revenue guidance of $1.065B-$1.08B reflects $37.5B-$38.5B GMV, supported by $1B facility to sell U.S. loan receivables. - CEO cites stable loan portfolio and AI-driven efficiency (40% workforce reduction) but warns of macro risks incl
- PDD Holdings reported mixed Q3 2025 results: $15.21B revenue missed forecasts by $90M despite $2.96 non-GAAP EPS beating estimates by $0.63. - E-commerce growth slowed amid intensified competition in China and U.S. regulatory shifts impacting Temu's operations. - Profitability showed resilience with 14% YoY net income growth to $4.41B, driven by cost discipline and 41% R&D spending increase. - $59.5B cash reserves highlight financial strength, but Q4 revenue projections face risks from pricing wars and g
- Citigroup reported Q3 adjusted EPS of $2.24, exceeding estimates, with $22.09B revenue up 9.3% YoY, prompting analyst price target upgrades. - The bank declared a $0.60 quarterly dividend (2.4% yield) and saw institutional ownership growth, including 100%+ stake increases by key firms. - Despite 14.14 P/E ratio and 1.37 beta volatility, Citigroup maintains 7.91% ROE and 8.73% net margin, though faces regulatory scrutiny and macroeconomic risks. - Analysts remain divided: Cowen reiterates "hold" at $110,
- Trump criticizes GOP members for opposing his Epstein ties but avoids condemning antisemites Tucker Carlson and Nick Fuentes, deepening GOP divisions. - Carlson's 2025 interview with white nationalist Fuentes, who spread antisemitic tropes, drew ADL reports showing 15% of Republicans justify violence against Jews. - Jewish conservatives and Heritage Foundation resignations demand Trump address antisemitism, comparing inaction to Nazi-era parallels as GOP fractures over free speech vs. extremism. - Trump'
- X platform restored services after outage linked to Cloudflare's Santiago data center maintenance, impacting 11,500+ U.S. users. - OpenAI reported partial access issues to ChatGPT and website during the incident, alongside crypto platform disruptions. - Cloudflare's 3.7% pre-market stock drop highlighted infrastructure vulnerabilities, while X Corp's antitrust lawsuit against Apple/OpenAI resurfaced. - The outage exposed systemic risks in tech ecosystems, with major services like PayPal and League of Leg
- 21:25All three major U.S. stock indexes closed higher.Jinse Finance reported that all three major U.S. stock indexes closed higher, with the Dow Jones Index up 1.08%, the S&P 500 Index up 0.98%, and the Nasdaq Composite Index up 0.88%. Major technology stocks showed mixed performance: Google rose over 3%, Intel rose over 2%, Apple and Amazon both rose over 1%, Oracle fell over 5%, while Netflix, Microsoft, AMD, Nvidia, and Tesla all fell over 1%.
- 21:21Data: A total of 115 million NEWT were transferred out from a certain exchange's Prime Custody, worth approximately $130 million.ChainCatcher news, according to Arkham data, between 05:09 and 05:11, a trading platform Prime Custody transferred a total of 115 million NEWT (with a total value of about $130 million) to two different addresses: 1. 84.7338 million NEWT (worth about $95.7 million) was transferred to an anonymous address (starting with 0x281F...)2. 30.5 million NEWT (worth about $3.45 million) was transferred to an anonymous address (starting with 0x7A93...)
- 20:48US banks to benefit from relaxed regulations, Jefferies predicts $2.6 trillion in lending capacity will be unleashedJinse Finance reported that according to analysts from Jefferies Group, the relaxation of regulations by US banks is expected to release about $2.6 trillion in lending capacity for major financial institutions, thereby consolidating the higher valuations of US lenders compared to their European competitors. Analysts Aniket Shah and Daniel Fannon wrote in a report on Friday that regulatory easing could “drive a substantial increase in lending, M&A, and technology investment before 2026,” and will boost earnings and market share. Citing discussions with Fernandodela Mora, Co-Head of Financial Services at Alvarez & Marsal, they wrote: “Capital release may reinforce the valuation premium of US banks over their European peers and support higher stock prices.” Officials from the Trump administration are planning to soften bank capital measures established after the 2008 financial crisis. After banks complained that this would limit their business, the Federal Reserve has circulated plans to significantly relax a Biden-era proposal aimed at raising capital levels. European bankers and politicians have also stated that the EU’s banking regulations are too strict, giving US lenders an advantage.