Rivian Slashes 600 Jobs as EV Demand Slumps – Stock Hits & Experts Sound Alarm

Rivian Slashes 600 Jobs as EV Demand Slumps – Stock Hits & Experts Sound Alarm

Rivian Cuts 600 Jobs Amid EV Slowdown Rivian Automotive confirmed plans to lay off around 600 employees as it grapples with a slowdown in electric vehicle demand reuters.com. The cuts represent roughly 4% of Rivian’s workforce and predominantly affect its commercial teams, including sales and service staff stocktwits.com. This move marks Rivian’s second round of layoffs in as many months, following a smaller 1.5% staff cut in September. According to The Wall Street Journal (which first reported the news), the company is trimming headcount to reduce costs and “align resources” with a more cautious market outlook. These layoffs underscore how
Honeywell Stock Soars on Q3 Beat and Breakup Plans – What Investors Need to Know

Honeywell Stock Soars on Q3 Beat and Breakup Plans – What Investors Need to Know

Honeywell Stock Jumps on Earnings Beat Honeywell’s third-quarter report arrived as a positive surprise for investors. The industrial-tech conglomerate beat Wall Street expectations on both revenue and profit, and management struck an upbeat tone by raising full-year guidance. Quarterly sales reached $10.41 billion (up 7% year-on-year), topping analysts’ $10.14 billion forecast, according to LSEG data investing.com. Adjusted earnings of $2.82 per share easily surpassed the $2.57 consensus investing.com. These stronger-than-expected results immediately boosted market sentiment. In pre-market trading on Oct. 23, Honeywell’s stock spiked nearly 5% investing.com. By midday, HON hovered around $218 per share, roughly 6% higher than the prior close,
Freeport-McMoRan Stock Jumps on Earnings Beat – But Deadly Mine Disaster Clouds Outlook

Freeport-McMoRan Stock Jumps on Earnings Beat – But Deadly Mine Disaster Clouds Outlook

Strong Earnings Boost Shares Despite Output Drop Freeport-McMoRan’s third-quarter 2025 results provided a jolt of good news for investors, even as the company copes with a major operational setback. The Phoenix-based copper and gold producer beat Wall Street expectations, posting an adjusted profit of $0.50 per share, handily above the $0.41 analyst consensus reuters.com. Revenue also exceeded forecasts, buoyed by robust copper prices. Higher copper price realizations – averaging $4.68/lb in Q3, about 9% higher than a year ago – helped cushion the blow from lower output reuters.com. Freeport’s copper production fell to 912 million lbs for the quarter (down
AI Stock Boom or Bubble? Tech Rally Soars as Experts Warn of Risk

AI Stock Boom or Bubble? Tech Rally Soars as Experts Warn of Risk

AI Stocks Propel a Record Tech Rally After a turbulent summer, U.S. markets have soared back near all-time highs, largely on the back of AI euphoria. Investor optimism about emerging AI technology has lifted major indices despite macro headwinds like trade tensions and war fears qz.com. In fact, the S&P 500 and Nasdaq Composite both notched record closing highs in early October, buoyed by outsized gains in a few AI-focused giants reuters.com. The rally’s narrow leadership is striking. Mega-cap tech firms – especially those at the forefront of AI – have vastly outperformed. A select “AI basket” of titans (Alphabet,
South Africa’s Outsourcing Boom Becomes a New ‘Gold Rush’ for Jobs and Investment

South Africa’s Outsourcing Boom Becomes a New ‘Gold Rush’ for Jobs and Investment

From High Unemployment to a New Goldmine For 31-year-old accountant Esethu Dywili, the rise of outsourcing in South Africa has been life-changing. After several years working for an international finance firm in Johannesburg, Dywili was able to build a new house for his parents and siblings in rural Eastern Cape newsghana.com.gh newsghana.com.gh. “When you work for a firm that earns in US dollars or British pounds, you can earn a salary that many local firms can’t match,” he said newsghana.com.gh. His story reflects a broader trend: the outsourcing sector has become South Africa’s “newest goldmine” – creating lucrative opportunities for
23 October 2025
Plug Power Stock Skyrocketed 170% on Hydrogen Hype – Now It’s Sliding: Can PLUG Rebound?

Plug Power Stock Rockets on Hydrogen Hype: 170% Rally Driven by New Deals

Hydrogen Partnerships and Projects This week’s news flow highlights Plug Power’s expanding footprint in clean energy. On Oct. 23 the company announced it had outfitted Floor & Decor’s large Washington distribution center with a complete hydrogen ecosystem – 77 GenDrive fuel-cell forklifts plus on-site fueling – replacing diesel equipment with zero-emissions powerir.plugpower.com. “This partnership with Floor & Decor showcases the proven reliability and performance of our GenDrive systems in demanding retail distribution environments,” said Plug CEO Andy Marshir.plugpower.com. The system is expected to eliminate ~400 metric tons of CO₂e per year at the facility. In the same announcement, Plug revealed
23 October 2025
Buyers Bet on Falling Mortgage Rates as 2025 Housing Market Hits Standstill – Will Relief Come?

Buyers Bet on Falling Mortgage Rates as 2025 Housing Market Hits Standstill – Will Relief Come?

Buyers Pin Hopes on a Rate Drop, But Patience Wears Thin Despite sky-high home prices and a two-year slump in sales, homebuyer optimism is oddly resilient – largely because so many buyers are betting that mortgage rates have to come down soon. Consumer surveys show a majority of Americans expect borrowing costs to ease in the near future prnewswire.com. After all, 30-year mortgage rates have finally edged down from their 7%+ peak earlier in the year to around 6.2%–6.3% recently ts2.tech, which feels like progress. In fact, this month rates briefly hit 6.27%, the lowest level in about a year
23 October 2025
Quantum Leap: D-Wave (QBTS) Stock Skyrockets 2000% Amid Fed Rate Cuts and AI-Fueled Quantum Breakthroughs

Quantum Gold Rush: D-Wave (QBTS) Stock Rockets 3000% This Year – Government Funding News Fuels Wild Swings

Stock Performance & Volatility D-Wave’s stock story in 2025 has been nothing short of dramatic. After languishing near $1 in late 2024, QBTS entered 2025 on a tear. By early October it had more than tripled on the year, and on Oct. 15 it briefly hit $46.75 – an astonishing jump of roughly 3,000% from a year priorts2.tech. However, the post-peak price action has been a roller coaster. In the days following Oct. 15, QBTS tumbled: it fell ~35% from its high to close around $27.29 on Oct. 22ts2.tech. On Oct. 21 it fell ~6%, then another ~15% on Oct.
23 October 2025
Incredible Rally: Bitfarms (BITF) Stock Jumps 148% YTD Amid Crypto Boom & AI Pivot

Bitfarms (BITF) Stock Rockets: Bitcoin at $125K & $500M AI Data Deal Fuel Rally

The bottom line: Bitfarms is riding a double tailwind of an explosive Bitcoin rally and its own strategic shift into AI data centers. Its stock is highly volatile (beta ~4–5) and swings with crypto prices. After a furious multi-month rally, BITF has paused and retraced from its mid-October highs (reflecting classic overbought conditionsts2.tech). Whether the rally continues hinges on Bitcoin staying strong and Bitfarms executing its expansion. With record BTC prices boosting mining margins and a huge war chest from recent financings, Bitfarms may deliver outsized gains if it can turn its plans into profits. However, investors should note risks:
Free Shipping Frenzy & 60% Off Wellness: Inside GMA’s Latest ‘Deals & Steals’ Bonanza

Free Shipping Frenzy & 60% Off Wellness: Inside GMA’s Latest ‘Deals & Steals’ Bonanza

GMA’s Steals of the Week: From Free Shipping Bonanza to Wellness Bargains “Deals & Steals” has become a beloved fixture on Good Morning America, and this week’s editions pulled out all the stops. Tory Johnson, GMA’s resident deals maestro (celebrating 20 years of deal-making on the show goodmorningamerica.com), presented viewers with an array of deep discounts across multiple days – each with its own theme: Digital Deals for Fall, Wellness Essentials, and a Free Shipping Special. It’s part of GMA’s ramp-up to the holiday season, delivering daytime TV audiences some Black Friday–style savings even before Halloween. Together, these three GMA
23 October 2025
Opendoor’s Wild 2025 Ride: Meme-Stock Surge, Crypto Pivot & Housing Hopes – What’s Next for OPEN?

Opendoor’s Stock Skyrockets 1,600% – Wild Meme Rallies, Crypto Twist & Looming Home-Market Crash?

From Penny Stock to Meme Super-Star: The 2025 Rally Opendoor’s logo at its San Francisco office. The company’s name is now prominent after this year’s wild stock surge. In 2025 Opendoor became a Wall Street sensation. After opening the year under $1, online retail investors drove OPEN from about $0.50 in June to a peak above $10 by mid-September – roughly a 1,600% gain in three monthsts2.tech. That rally briefly gave Opendoor a multibillion-dollar market cap and made it a viral “meme stock” story on platforms like Reddit and Twitterts2.techts2.tech. However, the stock has been extremely volatile. After the Sept.
Osram Stock Plunges on German Plant Closure – Key Facts & Forecast

Osram Stock Plunges on German Plant Closure – Key Facts & Forecast

Factory Closure Shocks Local Community In Schwabmünchen (near Augsburg, Bavaria) the announcement that Osram’s factory will shut by end-2027 hit as a bombshell. Long-time plant manager Rainer Barthel recalled seeing “tears in the eyes of several employees” when learning the news Augsburger Allgemeine. At a workers’ meeting on Oct 22 the company explained that unprofitable traditional lighting segments (industrial lamps and auto bulbs) have shrunk and could not be saved. Ams OSRAM said it explored options – even talks with a defense-industry firm – but ultimately decided closure was unavoidable Augsburger Allgemeine B4Bschwaben. Local media report that roughly 270 jobs will vanish
23 October 2025
Oil Prices Rollercoaster: Trade War Fears & OPEC Moves Spark 5-Month Lows

Oil Prices Skyrocket: Brent Nears $66 on U.S. Sanctions – Experts Weigh In

Current Oil Prices As of mid‑October 23, 2025, benchmark crude prices have rebounded from recent lows. Brent crude (the global benchmark) was trading near $66 per barrelreuters.comreuters.com, up sharply after news of sanctions. U.S. West Texas Intermediate (WTI) crude was around $62. OPEC’s reference basket of 15 fuels – a key price gauge – stood near $63.4 (Oct 22)countryeconomy.com. In short, oil is roughly 5–7% higher than a few days earlier. This comes after a selloff in prior weeks that had sent prices to five‑month lows due to oversupply concerns. Geopolitical and Supply Factors Sanctions on Russia. The biggest recent
23 October 2025
XRP Price Jumps Back After Wild Swing – Ripple’s Token Eyes ETF Catalyst in Volatile Crypto Market

XRP Price Soars to $2.4 on ETF Hype – $5 Next for Ripple’s Crypto?

XRP Price and Recent Movement As of Oct. 23, 2025, XRP is trading in the mid-$2 range. Crypto.news reports XRP at about $2.42, roughly flat on the daycrypto.news. This marks a striking rebound from earlier in the month: on Oct. 10 a sudden U.S.–China tariff shock sent all crypto prices plunging, and XRP briefly fell to $1.64ts2.tech. Institutional dip-buyers then flooded the market, driving XRP back above $2.50 by Oct. 12ts2.tech. In fact, Coindesk notes that XRP closed near $2.43 on Oct. 22, with trading volume surging ~12% above its weekly averagecoindesk.com. Since the mid-month crash, XRP has spent most
23 October 2025
Crypto Frenzy: Bitcoin Wavers at $120K, Altcoins Roar, Regulators Act, and NFTs Rebound (July 22–23, 2025)

Bitcoin’s Uptober Rollercoaster: Price at ~$108K After Wild Swings – Analysts Still Bullish

Bitcoin Price Update and Recent Moves Bitcoin was trading around $108,500 on Oct. 23, 2025economictimes.indiatimes.com. After soaring past $125K in early October (“Uptober”), the price plunged ~15% on Oct.10 when U.S. tariffs on China shocked marketsts2.tech. That crash wiped out about $19 billion in leveraged positions in a single dayts2.tech. Since then, Bitcoin bounced back: by Oct.20–21 it climbed roughly 3–4% to retest $110Kts2.tech. Over the past week it is roughly flat, edging up from the mid-$104K lows to where it stands noweconomictimes.indiatimes.comts2.tech. In short, Bitcoin has given back much of the early-October gain but remains above late September levels. Just
23 October 2025
American Airlines (AAL) Stock Takes Off on Travel Demand – Will It Keep Climbing or Hit Turbulence?

American Airlines Stock Soars After Earnings – Is a Major Rally Underway?

Earnings Details and Guidance American Airlines’ October 23 release laid out its Q3 2025 results. Revenue hit a record $13.7 billion (up from ~$13.6B a year ago)news.aa.com. However, GAAP net income was negative $114 million ($0.17 loss per share) due mainly to higher costs and one-time itemsnews.aa.com. On a non-GAAP basis, the loss was $111 million (also $0.17/share)news.aa.com. These figures beat Street expectations, helping allay fears. In fact, Bloomberg noted that American “reported a smaller-than-expected loss in the third quarter”bloomberg.com. The adjusted loss of $0.17/share was better than the ~$0.28 consensus Wall Street had forecastbloomberg.comreuters.com. The airline reaffirmed a fully profitable 2025. American
23 October 2025
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Alphabet Stock Nears Record Highs: AI Boom and Ad Recovery Power Google’s Rally

Alphabet Inc.’s Class A shares (NASDAQ: GOOGL) are trading near their highest levels in years. As of late Oct. 23, the stock hovers around $252, just below October’s intra-day high of ~$256ts2.tech. That puts Alphabet’s market value tantalizingly close to the $3 trillion milestonets2.techreuters.com – a club shared only by Apple and Microsoft. In fact, after shares hit a new record high in mid-September, Alphabet’s stock had already rallied over 32% year-to-datereuters.com. “Alphabet’s stock [is] flirting with record highs,” noted one analyst, as both technical trends and fundamentals improvets2.tech. Recent momentum has been fueled by several factors. First, Google’s artificial
Amazon Stock Today: AI Ambitions, $2.5B Twist, and $3 Trillion Dreams

Amazon Stock Unfazed by AWS Outage – Analysts See Big Rally Ahead

Investors will be watching Amazon closely after recent turbulence and ahead of its Q3 results. On Oct. 20 a major AWS outage – one of the largest Internet disruptions in years – knocked thousands of popular apps and sites offline, from banking portals to gaming platformsreuters.com. Crucially, Amazon’s engineers fixed the issue by evening, and Wall Street shrugged it off. In fact, AMZN stock rallied 1.6% on Oct. 20 (closing around $216.50)ts2.tech, as one analyst noted: “the spotlight was firmly on AWS and it didn’t quite shine as brightly as expected”reuters.com, yet investors seemed more focused on Amazon’s overall cloud
23 October 2025
AMD’s AI Mega-Deal Sparks Stock Surge – Inside the OpenAI Partnership, New Chips & Showdown with Rivals

AMD Stock Soars on AI Mega-Deals – Is $300 Next?

AI Deals Ignite a Rally The catalyst for AMD’s October surge was clear: blockbuster AI contracts. On Oct. 6, AMD announced it would supply hundreds of thousands of GPUs (roughly 6 gigawatts of compute) to OpenAI over several yearsreuters.com. AMD executives hailed the pact as transformative. EVP Forrest Norrod called it “certainly transformative, not just for AMD, but for the dynamics of the industry”reuters.com. CFO Jean Hu said the OpenAI deal should “deliver tens of billions of dollars in revenue” and be “highly accretive” to future earningsts2.tech. OpenAI CEO Sam Altman added that having AMD chips “will allow [us] to
Bank of America (BAC) Stock Soars on Earnings Beat – Can It Keep Climbing?

Bank of America (BAC) Stock Surges on Q3 Earnings – Will the Rally Keep Going?

Stock Price Performance & Recent Volatility BAC’s price jumped after earnings and then swung around. On the Oct. 15 earnings day it closed at $52.28 (up ~4.4%)investing.com, briefly touching a two-year high near $52.85. The very next day Oct. 16 it plunged ~3.5% to $50.44investing.com, effectively erasing the initial gains. By midday Oct. 17, the stock was about 1–2% lower on the day around ~$50ts2.tech, reflecting a rotation after the earnings excitement. In the days since, BAC has rebounded; it closed Oct. 21 at $51.52 and Oct. 22 at $51.10investing.com. Overall, BAC is up ~14–15% in 2025reuters.com and is trading just a few dollars shy
23 October 2025

Stock Market Today

Nu stock jumps to $17.40 as traders eye Nubank’s next catalyst

Nu stock jumps to $17.40 as traders eye Nubank’s next catalyst

7 February 2026
Nu Holdings shares climbed 3.5% to $17.40 Friday, reversing Thursday’s loss, as the Dow closed above 50,000 for the first time. Nu recently received conditional approval from U.S. regulators to form a national bank, but still needs further sign-offs before launching. The company manages $38.8 billion in deposits and reports earnings Feb. 25.
MARA stock jumps 22% into weekend as bitcoin whipsaws; Monday risk test looms

MARA stock jumps 22% into weekend as bitcoin whipsaws; Monday risk test looms

7 February 2026
MARA shares jumped 22.4% to $8.24 Friday, trading higher after hours, as the company moved $87 million in bitcoin to major custodians. About 82.4 million MARA shares changed hands. Bitcoin hovered near $68,928 Saturday. A MARA filing showed its general counsel had shares withheld for taxes on vested stock units, not an open market sale.
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