Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Wall Street saw a rally of tech stocks before the weekend, thanks to the positive earnings reports major tech companies revealed. Reuters said the earnings reports had surpassed analysts’ expectations, which resulted to S&P 500 going to a positive territory for the year and above its 200-day moving average since August 19 for the first time. Dow Jones, on the other hand, saw its Industrial Average increase by a significant 0.9%, Bloomberg added.
Motley Fool said the tech rally was lead by two industry giants, Microsoft and Amazon.com. Both companies announced its third-quarter results on Friday pre-trading with positive data. The results reportedly inspired investors by pushing the companies’ stock prices up. In between the two stocks, the site said USD70 billion of additional market capitalization was raised in just one trading day.
“Stocks are back. We’re back on track as far as a cheap money, quantitative easing, risk-on trade is concerned,” said Robert Pavlik, chief market strategist at Boston Private Wealth.
