Today: 13 March 2026

Marcin Frąckiewicz

CEO of TS2 Space and founder of TS2.tech. Expert in satellites, telecommunications, and emerging technologies, covering trends in space, AI, and connectivity.

Paramount Slashes 1,000 Jobs as New CEO Eyes $60 B Warner Bros. Takeover

Paramount Slashes 1,000 Jobs as New CEO Eyes $60 B Warner Bros. Takeover

Paramount Skydance began laying off about 1,000 employees this week, roughly 5% of its workforce, following its $8.4 billion merger with Skydance Media. Nearly 100 CBS News staffers are affected. CEO David Ellison said the cuts are necessary for long-term stability. Paramount has made multiple failed takeover bids for Warner Bros. Discovery, whose stock surged nearly 10% on the news.
AI Chatbot Under Fire: Character.AI Bans Teen Users After Suicide Scandal – Is This a Turning Point?

AI Chatbot Under Fire: Character.AI Bans Teen Users After Suicide Scandal – Is This a Turning Point?

Character.AI will ban users under 18 from open-ended chatbot conversations by November 25, following lawsuits alleging its bots encouraged teen suicides. Teens are now limited to two hours of chat daily until the cutoff. The company cites regulator and parent concerns, and will introduce age verification and new safeguards. The move follows a Florida family's lawsuit blaming a bot for their son's suicide.
29 October 2025
GM Stock Skyrockets 7% as Earnings Beat, EV Strategy U-Turn Fuel Rally

GM Slashes 1,700 EV Jobs, Cites Trump Policy Shift – Investors Cheer Cost Cuts

General Motors will cut about 1,700 jobs as it slows electric vehicle production, including 1,200 positions at Detroit’s Factory Zero and 550 at an Ohio battery plant. Hundreds more in Ohio and Tennessee will be temporarily furloughed as GM pauses battery output for upgrades. The company cited weaker EV demand and regulatory changes. GM stock rose after the announcement, with shares up over 35% year-to-date.
29 October 2025
NVIDIA’s Stock Soars to New Highs – Analysts Eye Further Gains

Nvidia Stock Rockets to $5 Trillion Milestone as AI Boom Powers Historic Rally

Nvidia’s market value briefly topped $5 trillion Wednesday after shares surged 5% to around $210, marking a historic first for any company. The rally follows record quarterly revenue of $46.7 billion, up 56% year-over-year, driven by soaring demand for AI chips. Nvidia recently announced a $100 billion deal with OpenAI and revealed $500 billion in backlogged AI processor orders.
Stride (LRN) Stock Plummets 50% After Earnings—Guidance Shocks Investors

Stride (LRN) Stock Plummets 50% After Earnings—Guidance Shocks Investors

Stride (LRN) shares fell over 50% to $75.20 on Oct. 29 after Q2 and full-year revenue guidance missed analyst expectations. Q1 revenue reached $620.9 million, topping estimates, and EPS was $1.40, above consensus. Barrington, Morgan Stanley, and BMO cut their price targets. Earlier in October, an SEC complaint from a New Mexico school district sent shares down 11%.
Palantir Stock Skyrockets on Massive UK AI-Defense Pact – Could PLTR Eclipse Oracle by 2030?

Palantir (PLTR) Stock Skyrockets to Record High on AI and Defense Deals – Bulls vs. Bears Clash

Palantir closed near $195 on Oct. 29, 2025, after rising about 300% year-to-date and reaching a market value of $400–425 billion. Major 2025 deals include a 10-year U.S. Army contract worth up to $10 billion and a UK Ministry of Defence AI pact. Q2 revenue hit $1.004 billion, up 48% year-over-year. The stock trades at over 100 times forward sales, drawing warnings from some analysts about overvaluation.
Fossil‑Free Steel Breakthrough: Vattenfall Builds World’s First Green Dam Gate

Fossil‑Free Steel Breakthrough: Vattenfall Builds World’s First Green Dam Gate

Vattenfall will install the world’s first dam gate made from fossil-free steel at its 603 MW Stornorrfors hydropower station by 2028. The 120-tonne gate, produced by SSAB using hydrogen-based HYBRIT technology, will have a carbon footprint about 200 tons lower than conventional steel. SSAB shares rose after the announcement. EU regulators are considering green procurement rules that could favor this technology.
Microsoft Stock Soars on AI and Cloud Frenzy – Analysts Eye $600+ Price Targets

Microsoft Stock Skyrockets on AI Hype, Nears $4 Trillion as Big Earnings Hit

Microsoft shares hit a record intraday high of $553 on Oct. 28, pushing its market value above $4 trillion. The company reported fiscal Q1 revenue near $76 billion, with Azure cloud sales up as much as 39%. A new OpenAI deal gave Microsoft a 27% stake and triggered a 2% stock jump. Microsoft signaled $30 billion in quarterly capital spending to expand AI infrastructure.
ChatGPT Crashes Worldwide — Downdetector Alarms, OpenAI Responds, Markets React

OpenAI’s Half-Trillion Restructuring Hands Microsoft a $135 B Stake – and Revs Up the ‘AGI Arms Race’

OpenAI completed a $500 billion restructuring, converting its for-profit arm into a Public Benefit Corporation while its nonprofit retains a $130 billion stake and control. Microsoft’s share drops to 27% but gains extended tech rights and loses exclusivity. Regulators approved the overhaul after a year-long review. Elon Musk sued to block the changes, accusing OpenAI of abandoning its nonprofit mission.
Microsoft Azure “Cloud Crash” Leaves Thousands Stranded – Can MSFT Stock Weather the Storm?

Microsoft Azure “Cloud Crash” Leaves Thousands Stranded – Can MSFT Stock Weather the Storm?

Microsoft’s Azure and related services suffered a global outage on Oct. 29, 2025, disrupting access to Office 365, Xbox, and Minecraft. Downdetector logged up to 16,600 Azure and 9,000 Microsoft 365 outage reports. Microsoft confirmed the incident but has not disclosed a cause. MSFT stock dipped less than 1% to close near $537 ahead of Q1 FY2026 earnings.
Shocking Auto News: Group 1 Automotive Ditches Jaguar Land Rover UK Dealers – Shares Tumble

Shocking Auto News: Group 1 Automotive Ditches Jaguar Land Rover UK Dealers – Shares Tumble

Group 1 Automotive will exit all 10 of its UK Jaguar Land Rover dealerships by 2027, citing persistent economic pressures. The company booked a $123.9 million impairment and $1.6 million in restructuring charges for Q3. Group 1’s shares dropped about 5–6% after the announcement. JLR sales have slumped, and a recent cyberattack halted production for nearly six weeks.
29 October 2025
Adidas Stock Sinks 5% on Tariff Woes – Samba Sneaker Craze Could Be the Silver Lining

Adidas Stock Sinks 5% on Tariff Woes – Samba Sneaker Craze Could Be the Silver Lining

Adidas Q3 sales hit a record €6.63 billion, up 3% year-on-year, but North American sales dropped 5% due to currency effects. CEO Björn Gulden said US tariffs will cut 2025 profit by about €120 million. The share price fell 5% after results, trading near €175, about 28% below its 52-week high. Analysts’ consensus price target is €243, with most rating the stock a “buy.”
29 October 2025
DroneShield Stock Skyrockets 40%: What’s Behind the Surge and What’s Next?

Droneshield alert: Stock plunges after 1000% revenue jump – What investors need to know now

DroneShield shares dropped over 10% overnight on October 29, 2025, despite reporting Q3 revenue of A$93 million, up 1,000% year-over-year. The stock had surged more than 455% year-to-date, hitting record highs on strong contract wins. Analysts now warn of overvaluation, with 12-month price targets well below recent trading levels. Investor sentiment shifted amid high volatility and profit-taking.
29 October 2025
NYSE Skyrockets to Record Highs as AI Frenzy, Fed Rate Cut Bets Fuel Stock Surge

NYSE Skyrockets to Record Highs as AI Frenzy, Fed Rate Cut Bets Fuel Stock Surge

The Dow, S&P 500, and Nasdaq all closed at record highs Tuesday, marking a third straight session of new peaks. Nvidia jumped 5% and Microsoft 2% after major AI announcements, pushing both above $4 trillion in value. Investors expect the Federal Reserve to cut rates Wednesday, with futures pricing in a near-certain 0.25% reduction. U.S.–China trade optimism and strong corporate earnings have fueled the rally.
Nasdaq Frenzy: Tech Titans’ AI-Fueled Surge Hits Records Ahead of Fed Cut & Earnings Bonanza

Nasdaq Frenzy: Tech Titans’ AI-Fueled Surge Hits Records Ahead of Fed Cut & Earnings Bonanza

The Nasdaq Composite hit a record high Monday, rising nearly 1.4% amid an AI-driven rally and expectations of a Federal Reserve rate cut. Nvidia surged 5% toward a $5 trillion market cap after announcing $500 billion in new AI chip orders. Microsoft, Alphabet, and Apple all reached or neared record valuations before earnings. The Fed is expected to cut rates by 0.25% today following cooler inflation data.
Caterpillar’s Stock Rally Roars: AI Boom, $650 Target Fuel All-Time High

Caterpillar Stock Hits Record High on AI Data Center Boom – Experts Warn It’s “Priced for Perfection”

Caterpillar shares jumped 5% in pre-market trading Oct. 29 after Q3 results beat estimates, adding about $10 billion in market value. Q3 revenue reached $17.6 billion, driven by 17% growth in its energy segment from AI data-center demand. The stock trades near record highs, up roughly 45–50% year-to-date. Analysts remain divided, with some warning on valuation despite recent upgrades.
Tesla’s ‘Affordable’ EV Gamble Backfires – Stock Sinks as Cheaper Models Disappoint Investors

Car Stocks Whipsaw on Earnings Surprises and EV Jitters – Oct. 29 Update

Tesla shares fell 4% after Q3 profit missed estimates despite record deliveries, trading near $460. Ford jumped 5% on strong earnings, while GM surged 15% after raising its profit outlook. BYD reported its first sales drop in five years and cut its 2025 target. Rivian is cutting 600 jobs and lowered its delivery forecast as EV demand slows.
$100B in Crypto? How Digital Asset Treasury (DAT) Stocks Became the Hottest Trend in Finance

Bitcoin Blasts Past $113K Again – Is a $200K Crypto Mega-Rally Coming?

Bitcoin is trading near $113,000 as of October 29, 2025, about 10% below its all-time high after rebounding from a mid-October crash. The overall crypto market cap is close to $3.8 trillion, with Ethereum at $4,000 and Solana above $200. Institutional inflows topped $6 billion in early October. The U.S. Federal Reserve is expected to cut rates by 0.25% on October 29.
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Stock Market Today

  • Metatek Group Set for Toronto Stock Exchange Tech IPO, First Since 2021
    March 12, 2026, 9:59 PM EDT. Metatek Group Ltd., a British geophysical services firm, plans an initial public offering (IPO) on the Toronto Stock Exchange (TSX) under the ticker 'MTEK' next week, marking the TSX's first tech IPO since 2021. The company aims to raise $50 million, valuing it between $250 million and $300 million. Metatek leverages full tensor gravity gradiometry (FTG), a technology adapted from submarine navigation, to map underground resources using airborne methods. This innovation aids exploration for oil, gas, minerals, hydrogen, and geothermal energy more efficiently than traditional surveys. Calgary-based PillarFour Capital Partners is the biggest shareholder. Investment bank Canaccord Genuity leads the offering. Market watchers will see if this ends the tech IPO drought on Canada's primary stock exchange.
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