Business News News 24 October 2025

Amazon Stock Today: AI Ambitions, $2.5B Twist, and $3 Trillion Dreams

Amazon’s October 2025 Shockers: AI Ambitions, $2.5B Settlement and a Surging Stock

Financial Performance & Earnings Highlights Amazon entered Q4 on solid financial footing. In the last reported quarter (Q2 2025), the company beat expectations with $167.7 billion in revenue (+13% YoY) and $18.2 billion in net profit ts2.tech. Operating income more

25 October 2025

Meta’s AI Revolution Unleashed: July 2025 Breakthroughs, Billion‑Dollar Bets & Backlash

Meta’s October 2025 Shockwave: AI Gambits, Sky-High Stock & Bold New Bet$ Unveiled

Major News and Moves in October 2025 AI Talent: Poaching Spree Meets a Reality Check Meta kicked off October with bold moves in the AI talent arms race. The company confirmed it had wooed Andrew Tulloch – co-founder of a

25 October 2025

Artificial Intelligence · Business News · Innovation · NASDAQ:META · Stock Market · Technology

DraftKings Bets Big: Railbird Acquisition and NBC Deal Ignite Investor Frenzy

Record Revenue, Rising Margins Drive Optimism In early August, DraftKings reported blowout Q2 results – revenue of $1.51 billion (up 37% YoY) and adjusted EBITDA of $301 million, more than double the prior record investing.com. Management noted strong sportsbook hold and growth

25 October 2025

Business News · Investment Trends · Media Partnerships · Mergers & Acquisitions · Sports Betting

Spotify’s Hi‑Res Lossless Streaming Is Finally Here – How It Compares to Apple Music and Amazon Music HD

Spotify Stock Skyrockets After CEO Shake-Up and Bold New Moves

Key Facts: Spotify founder Daniel Ek will step down as CEO on Jan 1, 2026 (becoming Executive Chairman) with Alex Norström and Gustav Söderström named co-CEOs reuters.com. The news briefly knocked the stock ~5% lower, after a year-to-date gain of

25 October 2025

Business News · Company Leadership · Music Industry · NASDAQ:SPOT · Stock Market · Technology

Newegg Commerce (NEGG) Stock Rockets on AI & “Meme” Hype — 688% YTD Gains, CEO Upgraded to Board

Stock Price & Trading Trends Newegg has been on a wild ride. From a mid-Aug high near $133 investing.com, shares drifted down into the $40s–50s in October before exploding higher this week. On Oct 23 NEGG closed $47.37 (up +7.03%

25 October 2025

AI Trends · Business News · Investing · Meme Stocks · Stock Market

Strive’s Bitcoin Bonanza: $1.3B Merger, 11K BTC and a Wild Stock Ride

ASST Stock Surges on Bitcoin Deals – Strive’s Bold Strategy Explained

Stock Rally on Major Bitcoin Deals Strive’s stock has seen wild swings recently. After trading in the 30s–90s cents for most of 2025, ASST spiked over $1 on Oct 24 stockanalysis.com. This jump came as investors digest several blockbuster moves.

24 October 2025

Bitcoin · Business News · Cryptocurrency · Investment Strategy · NASDAQ:ASST · NASDAQ:SMLR · Stock Market

2025 Porsche 911 S/T: Legend Reborn – The Ultimate Analog 911 Driving Machine

Porsche Crashes: 96% Profit Plunge Triggers €1B Quarterly Loss – What’s Next?

Why Profits Cratered: Apart from tariffs, Porsche cited a sudden about-face on its EV strategy. In September the company scaled back its electrification plan, shelving plans for a proprietary battery factory and slowing EV projects. These moves triggered one-time charges

24 October 2025

Automotive · Business News · Financial Analysis · Industry Trends · Stock Market

Western Union Stock Edges Up on Q3 Beat – CEO Calls Crypto an “Opportunity”

Investors will be watching WU’s short-term outlook as it delivers Q4 results and commentary. Wolfe notes management’s plan to stabilize its core retail business, re-accelerate digital growth, and diversify into new financial services investing.com. In the near term, stock momentum

24 October 2025

Business News · Cryptocurrency · Earnings · Finance · Stocks

P&G Earnings Smash Estimates – Beauty Boom and Razors Fly Off Shelves in Q1

Procter & Gamble’s Q1 report beat expectations across the board. Revenue of $22.39 billion (vs. ~$22.17B forecast) and core EPS of $1.99 (vs. $1.90) both topped consensus marketscreener.com. In a statement, P&G credited resilient consumer demand for premium brands. For

24 October 2025

Beauty Industry · Business News · Consumer Goods · Earnings Reports · Stock Market

Palantir-Lumen AI Deal Sparks Stock Rally – CEO Warns of “Arms Race”

Palantir and Lumen Forge a New AI Infrastructure Alliance On Oct. 23, Palantir Technologies and Lumen Technologies unveiled a “multi-year, multi-million-dollar” strategic partnership to fuse Palantir’s AI/data platform with Lumen’s high-speed networking. According to the official release, the alliance will help

24 October 2025

Artificial Intelligence · Business News · Corporate Strategy · NASDAQ:PLTR · NYSE:LUMN · Stock Market · Technology

Target Shocks Workers: 1,000 HQ Jobs Cut Before Christmas – Retail Giant’s Woes Deepen

Layoffs Details & Rationale Target announced on Oct. 23 that its Twin Cities headquarters will shed about 1,000 corporate positions and close another 800 open jobs axios.com foxbusiness.com. About 80% of the cuts are U.S.-based, mostly managers foxbusiness.com. The company

24 October 2025

Business News · Corporate Layoffs · Economic Trends · Job Cuts · NYSE:TGT · Retail Industry

AI Alliance Ignites Lumen (LUMN) Stock Surge Amid Bold Turnaround Moves

Lumen Stock Surges on AI Deal – Can the 2x Rally Last?

Stock Performance & Recent Moves LUMN stock traded around $7.79 on Oct. 24, 2025 reuters.com (as shown by Reuters pricing), near the high end of its recent range. That follows a 10.65% jump on Oct. 23 (closing at $7.79) investing.com,

24 October 2025

AI Industry · Business News · Investing · Market Trends · NYSE:LUMN · Stock Analysis

Business News News 24 October 2025 - 25 October 2025