COST OF LIVING CONCERNS
CoreWeave shares surge over 26% on strong earnings, debt retreat; spark rally in battered AI cloud stocks
CoreWeave's shares experienced a significant increase of over 26% due to strong revenue growth. The company's recent earnings alleviated concerns about a potential artificial intelligence bubble and heavy borrowing. Following these results, shares of Nvidia and other neocloud companies also rose notably. Investors are reassured as CoreWeave plans to avoid unsecured debt markets in the near future. This market movement highlights optimism regarding the future of AI infrastructure investments.
Donald Trump approval ratings post midterm election results are out. Here's what survey is showing after shocking poll mandate
Trump approval ratings: Midterm elections results don't decide the incumbent President's tenure but have changed political scenario with Democrats securing both the houses of the US Congress - Senate and House of Representatives.
CoreWeave stock today: Why CRWV shares jumped over 16% before market open after earnings beat and what analysts expect next
CoreWeave stock surged more than 16% in premarket trading after the company reported 168% revenue growth and raised its 2026 forecast. The upbeat results lifted investor sentiment, but its $709 million quarterly loss, heavy interest expenses and mounting financing needs continue to raise questions about the AI infrastructure company's future.
Wells Fargo upgrades US AI infrastructure stocks to neutral after chip rout
Wells Fargo upgraded its outlook on US AI infrastructure stocks to neutral from negative, citing improved valuations after a steep semiconductor sell-off. However, it warned that slowing AI investment and rising depreciation costs could pressure earnings in 2028.
US inflation rises 0.4% in October, exceeding forecasts amid price pressures
U.S. inflation rates rose unexpectedly last month, indicating ongoing challenges for the government and Federal Reserve. The consumer price index increased by 0.4% from September to October this year, slightly above forecasts. Although the rise was lower than the previous month's increase, inflation remains above the target rate of 2%. Voter dissatisfaction regarding high living costs influenced recent midterm election outcomes.
Most Americans want new Democratic Congress to end Trump's Iran war, Reuters/Ipsos poll finds
A new Reuters/Ipsos poll reveals that many Americans desire Congress to end the war with Iran. Support for repealing tariffs imposed by the Trump administration is also significant among respondents. Both Democrats and Republicans expressed a need for bipartisan cooperation on addressing cost of living issues. Concerns about potential impeachment proceedings against Trump were also noted among poll participants.
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Investing in real estate? Know how much property is too much, and when you should diversify
At the ET Wealth Expo 2026, a dynamic panel engaged in a thought-provoking dialogue about the contrasts between investing in real estate and financial assets. Industry experts highlighted the perils of overestimating the value of properties, emphasizing hidden costs and liquidity issues that might arise.
Your Social Security check faces a 22% cut risk: The funding shortfall that could cost retirees $2,700 a year
Social Security’s 2032 warning: Millions of retirees could receive smaller monthly checks if the retirement trust fund runs out of reserves. Payroll taxes would still finance payments, but cover only 78% of scheduled benefits, according to trustees. Congress could prevent the reduction through legislation. Until then, workers may need additional retirement savings through 401(k) plans and IRAs.
Saregama plans Rs 1,200 crore content spend for FY28-FY30
Saregama India plans to invest around Rs 1,200 crore in new content over FY28-FY30, assuming annual budget increases of 10%. The company expects earlier music acquisitions to drive margin expansion, while maintaining 20-23% revenue CAGR guidance for its music business. It is also expanding subscriptions, artist management and live events.
Geopolitical tensions, climate finance and 1.5°C breach cloud COP31 negotiations
Kicking off in Antalya, the UN climate conference COP31 will tackle significant climate action issues. With around 160 matters on the agenda, delegates will discuss emission cuts and strategies for global adaptation. Political strains and economic challenges pose obstacles, but Turkiye and Australia are at the helm, advocating for actionable solutions and financial commitments for developing nations, striving for a unified decision on essential climate concerns.
Anthropic wants to create new billionaires through its IPO, but American voters are growing tired of Big Tech's wealth explosion
Anthropic is preparing for a significant IPO amid growing public resistance to AI-related infrastructure projects. Investors are discussing a valuation between $1 trillion and $1.5 trillion for the Nasdaq listing. Communities express concerns over environmental impacts and rising electricity costs linked to data centres. Public sentiment is shifting against technology companies, raising questions about economic benefits versus local costs.
Hispanic voters helped Trump win in 2024. Now his immigration crackdown could cost him their support
Hispanic voters played a significant role in the Democratic resurgence during the 2026 US midterms. Many voters expressed dissatisfaction with immigration enforcement and the economy under the previous administration. In Texas, communities along the border showed a remarkable shift back to Democratic support. Despite earlier backing Trump in 2024, these voters prioritized economic concerns over immigration policies. Future political strategies must effectively address these diverse voter concerns and priorities.
Care comes at a cost: India's ageing population exposes a broken caregiving system
India's rapidly ageing population is driving demand for caregivers, but the sector faces a shortage of trained workers, low wages, poor working conditions and uneven recruitment standards. High costs burden families, while inadequate training and job security undermine care quality. Experts call for professional recognition, better pay and structured training.
Inflation, tariffs come back to haunt Trump as voters deliver economic verdict in US midterms
US President Donald Trump faced a voter backlash over inflation, tariffs and rising living costs as Democrats scored sweeping victories in the 2026 midterm elections. An AP Voter Poll found that about two-thirds of voters blamed Trump's policies for fuelling inflation, while concerns over inequality, healthcare costs and democracy deepened Republican losses.
Democrats target Trump's 'tentacles of corruption' as new Congress prepares sweeping investigations
Democrats are preparing sweeping congressional investigations into Donald Trump, his family and administration after winning control of both chambers in the midterm elections. Potential targets include Trump family businesses, cryptocurrency dealings, ICE operations and the Epstein investigation, as party leaders seek to link alleged corruption to Americans' cost-of-living concerns.
Bank of England raises rates for first time since 2023, says more may come
British inflation is likely to reach around 5% in the middle of next year, the BoE said, more than double the central bank's target and a blow for new Prime Minister Andy Burnham who has sought to ease of cost of living pressures.
Democratic victory in midterm elections adds a new twist to stock markets' Iran war, AI, and debt worries
Investors are watching the implications of the recent Democratic win in the US midterm elections. Geopolitical tensions, particularly the Iran war, continue to elevate oil prices and market risks. Regulatory scrutiny on the rapidly growing AI sector is expected following the election outcomes. Market volatility is anticipated to persist due to fiscal policy debates and increasing debt concerns. The market response so far has shown modest gains despite heightened uncertainties.
US Midterm Elections: Reasons why Republicans lost Ground far beyond swing states. Warning signs were at the gas pump and grocery store
Democrats won control of Congress in the 2026 midterms, putting Donald Trump on the defensive. Voters’ frustration over prices and the Iran war made it harder for Republicans to defend the administration’s record.
US midterm elections 2026: Key takeaways from the polls that will decide Trump's fate for next 2 years
Americans participated in midterm elections that will determine the control of Congress for the next two years. Voter exit polls indicated widespread discontent with President Trump's handling of the economy and high inflation rates. Many Americans are unhappy with the direction of the country and blame Trump's policies for their financial struggles. A significant majority expressed a desire for greater checks and balances on presidential power.
Democrats poised to take Senate, House as voters deliver rebuke to Trump in historic midterms route
Democrats achieved significant victories in the latest midterm elections, gaining control of the Senate and making House gains. A series of unexpected wins in traditionally Republican states highlighted voter frustration over high prices and political direction. Several incumbent Republicans were defeated, including those backed by President Donald Trump. Economic concerns dominated voters' minds, creating dissatisfaction with both parties. These results may influence future political dynamics and presidential candidate considerations.
US Midterm elections 2026: James Talarico defeats Ken Paxton in Texas Senate race, ending Democrats’ 32-year statewide drought
Democrat James Talarico has defeated Republican Ken Paxton in the 2026 US midterm elections to win a Senate seat representing Texas. His victory marks a major political shift in a state long dominated by Republicans. It is also the first time since 1988 that Texas has elected a Democrat to the US Senate, boosting the party's efforts to regain control of the upper house of Congress.
Emomee calls for stronger regulation of children’s digital content
Emomee, a children's entertainment company, emphasises the need for better regulation of digital content for young viewers. The company's founders, motivated by their children's viewing experiences, focus on creating quality educational programming. Recently, Emomee launched a series on Netflix and is exploring global partnerships for distribution. They are also developing physical products and considering live events to engage audiences.
US midterms 2026: What motivated voters? Poll points to economy, democracy, Trump backlash
Voter decisions in the 2026 US midterm elections were heavily shaped by economic issues and concerns about democracy. A significant proportion of voters expressed disapproval of President Trump, despite his absence from the ballot. Young and Hispanic voters increasingly supported Democratic candidates compared to the previous election. Many voters wanted Congress to exert more oversight on presidential power.
Adam Hamilton makes history in Kansas Senate race, ends Democrats’ 94-year losing streak with stunning upset
Adam Hamilton, an unexpected force in politics, made a remarkable breakthrough by winning the Kansas US Senate race as a Democrat. His triumph over Republican Roger Marshall marks Kansas's first Democratic Senate victory in over nine decades. Hamilton's campaign, which focused on economic concerns like the rising cost of living, stood in stark contrast to Donald Trump's policies.
US Midterm Results 2026: Democrats projected to seize control of both Houses, DDHQ says
In US midterm elections 2026, Democrats are expected to gain control of both the House and Senate. This change in Congress is seen as a significant setback for Republicans. Voter dissatisfaction with living costs and opposition to the war in Iran contributed to the Democratic gains. As a result, Democrats will have increased influence over legislative decisions and administration oversight.
US Midterm Elections 2026: Trump says he will become ‘political pundit’ after Democrats take control of Congress
Donald Trump announced his intention to become a political pundit to analyze the 2026 midterm elections. This decision follows significant gains made by Democrats, who regained control of the House of Representatives. The results represent a notable setback for Trump and the Republicans during the elections. Voter dissatisfaction over the economy and various issues contributed to these outcomes.
US Midterm Elections 2026: Democrats take early Senate victory as polls close
Democrats gained an early boost in their bid to regain control of the US Senate, with Senator Jon Ossoff projected to win re-election in Georgia, according to the Associated Press and other media outlets. His victory would help the party's chances of taking control of the chamber.
US Midterm Elections 2026: Democrat Debbie Wasserman Schultz wins reelection to US House in Florida's 20th District
Wasserman Schultz's move to a new congressional district paid off as she won a 12th term in office. The first Jewish woman elected to Congress from Florida, she previously served in the state's House and Senate before entering federal politics.
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