Today: 11 November 2025
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Mateusz Kaczmarek

A technology and finance expert writing for TS2.tech. He analyzes developments in satellites, telecommunications, and artificial intelligence, with a focus on their impact on global markets. Author of industry reports and market commentary, often cited in tech and business media. Passionate about innovation and the digital economy.

SoFi Technologies (SOFI) news today (Nov. 6, 2025): Stock wobbles as SoFi’s Galileo debuts Southwest debit‑rewards card; fresh fund flows and bullish commentary keep momentum in focus

SoFi Technologies (SOFI) news today (Nov. 6, 2025): Stock wobbles as SoFi’s Galileo debuts Southwest debit‑rewards card; fresh fund flows and bullish commentary keep momentum in focus

On Thursday, November 6, 2025, SoFi’s (NASDAQ: SOFI) ecosystem made headlines as subsidiary Galileo rolled out a Southwest Airlines debit‑rewards program, while a new 13F shows fresh institutional buying and analysts highlighted post‑earnings momentum. Track today’s SOFI price, key headlines, and what’s next. Today’s headlines and why they matter 1) Galileo x Southwest: debit rewards go mainstream What happened: PYMNTS profiled how Galileo Financial Technologies (owned by SoFi) and Southwest Airlines are bringing Rapid Rewards to a Visa debit card, underscoring the shift toward debit‑first loyalty for Gen Z and budget‑conscious consumers. The feature highlights Galileo’s integrated issuing/processing stack and
6 November 2025
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CarMax (KMX) Ousts CEO Bill Nash, Warns of Weak Q3; Shares Slide ~12% — Nov. 6, 2025

CarMax (KMX) Ousts CEO Bill Nash, Warns of Weak Q3; Shares Slide ~12% — Nov. 6, 2025

CarMax (NYSE: KMX) said its board terminated CEO Bill Nash effective Dec. 1 and named director David McCreight interim CEO. The used‑car giant also issued a downbeat Q3 outlook, sending KMX shares lower on Nov. 6, 2025. CarMax, Inc. announced sweeping leadership changes and a sharply weaker preliminary outlook for its fiscal third quarter ending Nov. 30, 2025: Key takeaways The details Leadership and governance Outlook and what’s pressuring results Wall Street and stock reaction (Nov. 6) Why this matters CarMax is the largest U.S. used‑car retailer, so its results are a bellwether for consumer demand, vehicle affordability, and credit
6 November 2025
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Fastly (FSLY) Soars After Record Q3: Security Revenue +30%, Guidance Raised; Shares Jump ~26% on Nov. 6, 2025

Fastly (FSLY) Soars After Record Q3: Security Revenue +30%, Guidance Raised; Shares Jump ~26% on Nov. 6, 2025

Fastly, Inc. (FSLY) ripped higher today after posting record third‑quarter results and lifting guidance. By mid‑afternoon (UTC), the stock traded around $10.20, up roughly 26% intraday from Wednesday’s close, as investors digested stronger‑than‑expected revenue, expanding margins, and brisk growth in Fastly’s security portfolio. MarketScreener Key takeaways What happened today Fastly shares extended gains after the company’s Q3 results showed broad‑based improvement and a meaningfully higher outlook. Pre‑market coverage pointed to a double‑digit jump after the release, and shares remained sharply higher through the session, buoyed by analyst target hikes and a risk‑on tape for software. MarketScreener+2XTB.com+2 “We delivered record revenue,
6 November 2025
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Fitell (FTEL) Secures $50M Convertible Note to Launch ‘2F Robotics,’ Will Hold Proceeds in Stablecoins — Nov. 6, 2025

Fitell (FTEL) Secures $50M Convertible Note to Launch ‘2F Robotics,’ Will Hold Proceeds in Stablecoins — Nov. 6, 2025

Fitell Corporation (NASDAQ: FTEL) announced a new $50 million senior secured convertible note and the creation of 2F Robotics, a joint venture focused on AI‑driven robotic systems spanning home, kitchen, fitness, and industrial uses. Net proceeds are slated to be converted into stablecoin assets and kept with a U.S. custodian, giving the company flexibility as it funds the robotics platform and its core fitness operations. GlobeNewswire Key takeaways What happened today (Nov. 6, 2025) Fitell released its announcement at 8:50 a.m. ET, outlining the financing and the 2F Robotics initiative. The company emphasized that converting proceeds to stablecoin assets provides
6 November 2025
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Salesforce (CRM) Tumbles ~6%: Wall Street Targets Diverge, Options Flow Turns Mixed, and Q3 FY26 Results Land on Dec. 3

Salesforce (CRM) Tumbles ~6%: Wall Street Targets Diverge, Options Flow Turns Mixed, and Q3 FY26 Results Land on Dec. 3

What happened today Salesforce shares fell roughly 6–7% intraday on Thursday, Nov. 6, extending this week’s softness across enterprise software. The drop was hefty enough to rank among the largest decliners in the Dow, alongside Amazon, contributing significantly to the index’s pullback. MarketWatch Traders point to a light news tape ahead of earnings and continued sector rotation as key drivers. The next hard data point arrives Dec. 3 when Salesforce posts Q3 FY26 results after the close and fields investor questions on the 5:00 p.m. ET call. investor.salesforce.com+1 What Wall Street is saying right now Freshly compiled Street data show
6 November 2025
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Stocks Slip as Tech Wobble Returns; Layoffs Spike and Tariff Showdown Clouds Outlook — Stock Market Today (Nov. 6, 2025)

Stocks Slip as Tech Wobble Returns; Layoffs Spike and Tariff Showdown Clouds Outlook — Stock Market Today (Nov. 6, 2025)

Market snapshot U.S. equities opened in the red Thursday, extending this week’s choppy pattern as investors weighed mixed corporate results against macro headwinds. At the bell, all three major indices slipped, with breadth tilting negative. The tone was cautious amid debate over still‑rich tech multiples and uncertain economic signals. Reuters Overseas, European trading was subdued ahead of central‑bank cues, while Gulf markets tracked Asia modestly higher earlier in the day, helped by firmer regional catalysts and a tentative rebound in risk appetite. Reuters+1 The macro picture: weaker private labor signals in a data drought With the government shutdown freezing several
6 November 2025
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Centrus Energy (LEU) launches $1B at-the-market equity program after Q3 results; stock slides on Nov. 6, 2025

Centrus Energy (LEU) launches $1B at-the-market equity program after Q3 results; stock slides on Nov. 6, 2025

Centrus unveils $1B equity program to fund growth Before the U.S. market open on Thursday, Centrus launched a $1 billion ATM equity program, enabling it to sell shares “from time to time” at prevailing market prices. According to the SEC‑filed prospectus supplement, the agent group includes Barclays, Citi, UBS, Evercore ISI, B. Riley, Guggenheim, MUFG, William Blair, Lake Street Capital Markets, and Northland; agent compensation is 1.5% of gross sales. The filing also notes Centrus terminated its prior 2024 ATM upon signing the new Sales Agreement. SEC In its press release, the company said net proceeds may fund technology investment,
6 November 2025
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Brad Heppner Indictment: Beneficient Founder and Ex‑GWG Chair Arrested—What We Know Today (Nov. 6, 2025)

Brad Heppner Indictment: Beneficient Founder and Ex‑GWG Chair Arrested—What We Know Today (Nov. 6, 2025)

What happened and why it matters Federal prosecutors allege that between 2018 and 2021, while he chaired GWG Holdings and led Beneficient, Heppner created a $141 million “debt” on Beneficient’s books supposedly owed to HCLP—an entity they say he controlled. GWG then authorized transfers that ultimately sent more than $150 million to Heppner through HCLP, according to the indictment. Prosecutors say the funds helped finance personal expenses, including renovations to a Dallas residence and work on an East Texas ranch. Department of Justice+1 The U.S. Attorney’s Office for the Southern District of New York announced Tuesday that Heppner had been
6 November 2025
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PlayStation Portal Gets Cloud Streaming Today (Nov. 6, 2025): Stream Select PS5 Digital Games Without Your Console On — New UI, 3D Audio, and In‑Game Purchases

PlayStation Portal Gets Cloud Streaming Today (Nov. 6, 2025): Stream Select PS5 Digital Games Without Your Console On — New UI, 3D Audio, and In‑Game Purchases

What changed today Sony has flipped the switch on full cloud streaming for PS5 games on PlayStation Portal, ending last year’s beta and transforming the handheld from a pure Remote Play device into a cloud‑streaming client for PS Plus Premium members. The rollout began Nov. 5 at 6 p.m. PT (Nov. 6 at 2 a.m. GMT) and is accompanied by a major software update. PlayStation.Blog+1 Crucially, Premium subscribers can now stream a selection of PS5 games they’ve purchased digitally in addition to the PS Plus Game and Classics Catalogs—no PS5 connection required. Sony also underscores that streaming works when your
6 November 2025
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Cummins (CMI) Q3 2025: Revenue $8.32B, Adjusted EPS $5.59; Dividend Lifted to $2.00 as Data‑Center Power Drives Beat and Accelera Faces Strategic Review

Cummins (CMI) Q3 2025: Revenue $8.32B, Adjusted EPS $5.59; Dividend Lifted to $2.00 as Data‑Center Power Drives Beat and Accelera Faces Strategic Review

Cummins Inc. (NYSE: CMI) delivered a stronger‑than‑expected third quarter, powered by surging demand for data‑center backup generation and solid service activity, even as North American truck markets softened. The company also raised its quarterly dividend and said it is conducting a strategic review of its electrolyzer business within the Accelera unit following non‑cash charges this quarter. Reuters+1 Market reaction As of 15:03 UTC today, CMI shares were up about 7.6% at $472.49, after earlier trading as high as $481.76. The rally followed the top‑ and adjusted bottom‑line beats and the dividend increase. (See live chart above.) By the numbers: Q3
6 November 2025
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McConnell’s Hemp Crackdown Collides With Retail THC Boom: Big Brands, 39 AGs, and Congress Face a ‘Hemp War’ (Nov. 6, 2025)

McConnell’s Hemp Crackdown Collides With Retail THC Boom: Big Brands, 39 AGs, and Congress Face a ‘Hemp War’ (Nov. 6, 2025)

Why this matters now The seven‑year experiment that legalized hemp (2018 Farm Bill) has morphed into a high‑stakes fight over hemp‑derived intoxicants such as delta‑8, delta‑10, THCA and other cannabinoids. Today, big CPG and alcohol interests publicly pressed Congress to close the “hemp loophole,” while states tightened rules or imposed temporary bans. At the same time, major retailers are normalizing low‑dose THC beverages on mainstream shelves—accelerating a consumer trend that regulators haven’t caught up with. Marijuana Moment+3Marijuana Moment+3Just Drinks+3 What changed today Big brands step in. The Consumer Brands Association (CBA)—whose member list includes household names—asked lawmakers to adopt appropriations
6 November 2025
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Krispy Kreme (DNUT) Q3 2025: Adjusted EPS Turns Positive, Free Cash Flow Returns as Turnaround Gains Traction — Nov. 6, 2025

Krispy Kreme (DNUT) Q3 2025: Adjusted EPS Turns Positive, Free Cash Flow Returns as Turnaround Gains Traction — Nov. 6, 2025

Krispy Kreme, Inc. (NASDAQ: DNUT) reported third‑quarter 2025 results before the bell, showing early progress on its turnaround: revenue softened year over year, but margins, cash generation and adjusted profitability improved. Shares jumped in early trading after the company posted a surprise positive adjusted EPS and reiterated expectations for stronger cash flow into year‑end. investors.krispykreme.com+1 Key numbers at a glance (Q3 FY2025) Context on EPS figures: The Associated Press notes a $19.4M net loss attributable to shareholders (–$0.11 per share GAAP) and $0.01 in adjusted earnings per share, aligning with the company’s non‑GAAP presentation. Yahoo Finance Why the stock is
6 November 2025
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