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Tech Industry News 17 October 2025 - 4 November 2025

Spotify’s Q3 Shocker: Profit Soars, 700+ Million Users & a Price Hike Looming?

Spotify’s Q3 Shocker: Profit Soars, 700+ Million Users & a Price Hike Looming?

Q3 2025 Earnings Beat Expectations Spotify delivered a robust third-quarter performance, topping earnings estimates and underscoring its financial turnaround. The audio streaming giant reported €4.27 billion in Q3 revenue, slightly exceeding forecasts (about €4.23 billion) ca.investing.com. This represented ~7% growth year-on-year (12% growth on a constant-currency basis) ca.investing.com newsroom.spotify.com. Key drivers were strong subscriber gains and higher subscription prices instituted in many markets. On the bottom line, operating profit came in at €582 million newsroom.spotify.com, rising roughly 28–33% from a year ago as Spotify reined in costs and expanded margins. Net income swung to €899 million for the quarter, a dramatic improvement from a
4 November 2025
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Anthropic’s Private Shares Soar to $185 Amid AI Frenzy – $183B Valuation, Major Deals & $1.5B Lawsuit

Anthropic’s Record-Breaking Rise: $13B Mega-Funding, Big Tech Deals & the AI Showdown in 2025

Anthropic Developments and News as of November 3, 2025 In summary, Anthropic in late 2025 stands as a centerpiece of the global AI drama – a startup-turned-goliath with extraordinary funding, big-tech allies, and cutting-edge AI models, all vying to shape the future of AI. Its recent moves – from mega-financing and TPU mega-clusters to enterprise-friendly AI tools – illustrate both the immense potential and the grand challenges of the AI revolution. As Anthropic races OpenAI, Google DeepMind, xAI and others, the world will be watching to see if this safety-focused upstart can lead in innovation without losing its soul to
3 November 2025
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Mystery $75 M Bet Propels Tiny POET Technologies to New Highs Amid AI Frenzy

POET Technologies Stock Soars on $150M Fundraise – AI Photonics Play Heats Up

Market Summary As of the Nov 3 pre-market, POET’s shares hovered around $6.4, up about +1% on the day reuters.com. The stock’s rally over the last year has been dramatic – Finimize reports roughly a 101% gain in the 12 months through early October 2025, driven by AI-centric optimism and aggressive fundraising finimize.com. For context, POET outpaced the S&P 500 (up ~18%) handily, as investors cheered positive news on customers, industry awards and capital raises (the Oct 7 $75M placement was noted as “the largest single financing in its history” investing.com). At its peak in mid-October, POET traded near $9.4
2 November 2025
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Core Scientific Rises as Bitcoin Booms and CoreWeave Deal Fails, Focus Shifts to AI Data Centers

Core Scientific Rises as Bitcoin Booms and CoreWeave Deal Fails, Focus Shifts to AI Data Centers

Core Scientific’s stock found itself in focus after the dramatic breakdown of a planned merger. On Oct. 30 shareholders rejected CoreWeave’s $9 billion all-stock bid reuters.com datacenterdynamics.com. Core Scientific said in a press release that it “did not receive the requisite number of votes” and therefore terminated the merger agreement, effective immediately businesswire.com. The result came after weeks of proxy battles: major holder Two Seas Capital (with ~6% of CORZ) led a campaign saying the deal “materially undervalues” Core Scientific reuters.com, and ISS likewise urged a no-vote, reasoning that Core Scientific “has performed well on its own” and can keep growing
30 October 2025
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Salesforce Stock Soars After Dreamforce AI Bombshell – What Investors Need to Know (Oct. 21, 2025)

Salesforce (CRM) Stock Rockets After $60B Dreamforce AI Bombshell – Can the Rally Last?

Salesforce Stock: Recent Performance and Key Drivers Salesforce’s shares have been on a bumpy ride. After hitting a low around $235.69 on Oct. 1 ts2.tech (driven by guidance worries), CRM stabilized in the mid-$230s. The big story came mid-October at Dreamforce, when management rolled out its ambitious plans. The $60B by 2030 revenue projection sparked a market rally: in after-hours trading on Oct. 15, CRM jumped about 5% ts2.tech ts2.tech. By Oct. 16’s close, the stock was trading in the mid-$240s. “We have had some lower-stage growth for a while… that is reaccelerating,” said CFO Robin Washington at Dreamforce ts2.tech
30 October 2025
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AI Gold Rush Accelerates: $5 Trillion Milestones, Massive Layoffs, and New Breakthroughs Spark Global AI Frenzy

AI Gold Rush Accelerates: $5 Trillion Milestones, Massive Layoffs, and New Breakthroughs Spark Global AI Frenzy

Big Tech’s AI Boom Propels Stocks – and Spending The end of October brought a dramatic affirmation of artificial intelligence’s global economic impact. Nvidia, the Silicon Valley company whose graphics processors power most modern AI systems, made history as the first-ever $5 trillion company agcc.co.uk reuters.com. Nvidia’s stock has skyrocketed 12-fold since the debut of ChatGPT in late 2022 reuters.com, underscoring how quickly AI went from tech curiosity to core growth driver for investors. “Nvidia hitting a $5 trillion market cap is more than a milestone; it’s a statement,” said Hargreaves Lansdown analyst Matt Britzman, noting the firm has morphed into “one
30 October 2025
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Anthropic’s Private Shares Soar to $185 Amid AI Frenzy – $183B Valuation, Major Deals & $1.5B Lawsuit

Anthropic’s Private Shares Soar to $185 Amid AI Frenzy – $183B Valuation, Major Deals & $1.5B Lawsuit

Private Valuation and Growth Surge Anthropic remains privately held, but secondary-market pricing gives a clear picture of investor sentiment. According to Forge Global data, Anthropic’s derived share price hit $185.90 on Oct. 29, 2025 forgeglobal.com. That figure implies an eye-watering ~$241 billion valuation forgeglobal.com. Remarkably, Forge’s charts show the price jumped about +1,555% in one week during late October forgeglobal.com. (Hiive, another private market site, similarly values Anthropic around $190–200 per share.) This caps a year of rapid growth: Anthropic’s Sept 2025 press release notes that its revenue run-rate exploded from roughly $1 billion in early 2025 to $5 billion by August 2025
30 October 2025
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Meta’s Q3 Showdown: Can AI Spend and Ad Growth Drive Another Rally?

Meta’s Q3 Showdown: Can AI Spend and Ad Growth Drive Another Rally?

Meta’s Q3 Preview: Riding the AI Wave Meta will release its Q3 2025 earnings Wednesday after the close. Wall Street’s consensus sees ~$49.5 billion revenue and ~$6.7 EPS businessinsider.com ig.com. That implies roughly 22% organic growth – fueled by a rebound in ad spending and AI-driven ad targeting. (By comparison, in Q2 Meta reported $47.52B revenue, +22% YoY ig.com.) Management guided Q3 revenue at $47.5–50.5B ts2.tech, so analysts’ estimates are near the top end of that range. Investors will scrutinize advertising trends in the quarter. Meta’s business is still 98% ads, and “AI-powered recommendation models drove 5% more conversions on
29 October 2025
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Grindr Stock Skyrockets on Buyout Buzz – What Investors Need to Know

Grindr (GRND) Stock Explodes on $18 Buyout Buzz – Is a $3.5B Takeover Coming?

Stock Reaction and Trading Activity On Friday Oct 24, GRND shot up from the low-$12 range into the mid-$15s. Finviz data show Friday’s prevailing price was $12.67 with the stock closing at $15.06 (a +18.86% jump) finviz.com. Investing.com and TechStock² report intraday spikes to ~$16 (after the $18 bid was revealed) before settling near $15 ts2.tech investing.com. Trading volume was ~11.4 M shares on Friday – roughly five times the 6-week average – reflecting the frenzied demand finviz.com. In short, the buyout news sent GRND soaring. By contrast, peers like Bumble and Match saw only modest moves. (Note: U.S. markets were closed
25 October 2025
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Meta’s AI Shake-up: 600 Jobs Axed as Zuckerberg Doubles Down on “Superintelligence”

Meta’s AI Shake-up: 600 Jobs Axed as Zuckerberg Doubles Down on “Superintelligence”

Leaner AI Team, Same Big AI Bet Meta’s parent company (Nasdaq: META) quietly confirmed on Oct. 22 that it is “slashing” roughly 600 jobs from its superintelligence-focused AI unit reuters.com timesofindia.indiatimes.com. Axios first reported the cuts via an internal memo, and Reuters/Tech news sites (TechCrunch, The Verge) later confirmed that Meta is cutting staff in three of its four AI sub-units: research (FAIR), product AI, and infrastructure. By contrast, the TBD Labs – a newly formed group of “a few dozen” top researchers working on the next generation of foundation models – will not be affected reuters.com timesofindia.indiatimes.com. In other
23 October 2025
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Alphabet (Google) GOOGL stock: What to Know Before Markets Open on October 20, 2025

Alphabet Stock Skyrockets to Record High Ahead of Q3 Earnings, Nears $3 Trillion Valuation

Key Facts October 21, 2025 Alphabet Rallies to Record Highs, Nears $3 Trillion Club Alphabet’s stock has been on a tear, soaring to record levels in mid-October and briefly joining the exclusive $3 trillion market capitalization club. On October 20, Alphabet’s Class A shares closed around $256.43 – the highest ever – valuing the Google parent at roughly $3.1 trillion macrotrends.net marketbeat.com. That put Alphabet in rare company alongside Apple and Microsoft in the $3T valuation league. The latest leg up caps an extraordinary 2025 run: Alphabet stock has climbed about 30% year-to-date, far outpacing the S&P 500’s ~12% gain and
21 October 2025
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Apple Stock Hits New Heights: iPhone 17 Supercycle, Analyst Split, and 2025 Outlook Revealed

Apple’s Big October Bombshells: Vision Pro 2, M5 MacBook Surprise, and an AI Push Shaking Up Tech

M5 Chip Debuts in New MacBook Pro, iPad Pro and “Vision Pro 2” Apple has surprised fans with a late-year hardware refresh centered on its next-generation M5 processor. In lieu of a live event, Apple issued a blitz of Newsroom announcements on October 15 introducing an entry-level 14‑inch MacBook Pro, updated 11″ and 13″ iPad Pro models, and a modestly upgraded Apple Vision Pro headset – all powered by the new M5 chip techcrunch.com techcrunch.com. The M5 is a significant leap forward: Apple says it delivers over 4× the peak GPU performance of the previous M4 generation, and Apple SVP Johny Srouji
17 October 2025
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