TWITTER REVENUE
Grok bot users hit limits faster as Elon Musk warns of ‘unsustainably high’ AI agent costs: What happens next?
Grok Bot usage limits: Elon Musk says the cost of running Grok Bot has become unsustainable relative to its revenue as users report hitting weekly usage limits faster. Despite 800,000 paid weekly users, questions remain about the service's costs, pricing and future limits.
Technology funds top October returns with gains of up to 10%. Is it the right time to invest?
Technology mutual funds topped October returns, with the nine best-performing schemes delivering gains of up to 9.78%, an ETMutualFunds analysis showed. HDFC Technology Fund led the chart, followed by Kotak Technology Fund and Tata Digital India Fund. Of the nearly 626 funds analysed, all nine top performers belonged to the technology sector, reflecting a strong monthly recovery in the segment.
ET Wealth Expo: Vijay Kedia explains why investors need patience, says some crops take 5 years to grow
Vijay Kedia says patience is essential to building wealth in the stock market, comparing investing with farming, where some crops take years to yield results. He shares his three principles for investors, the SMILE formula for spotting multibaggers and lessons from his investing journey.
Could Binance’s $6.3 billion hack trigger a crisis across crypto’s billionaire network as CZ turns to Elon Musk for support?
Binance's significant security breach has led to a public dispute between Changpeng Zhao and Elon Musk. Zhao is seeking Musk's support while trying to reassure Binance customers that their funds remain secure. The incident highlights Binance's investments in Musk's businesses, specifically with SpaceX. Binance aims to recover affected assets and restore normal operations following this crisis. Meanwhile, the situation has attracted the attention of cybersecurity investigators and cryptocurrency traders.
Josh Pigford built Baremetrics with just $0 in reported startup costs in 2013; years later, the software business was generating an estimated $1.2 million a year
Josh Pigford built Baremetrics in 2013 to solve a problem he faced with Stripe analytics. He spent seven working days developing the first version, focusing on recurring revenue, customer churn and lifetime value. Rather than relying on expensive marketing, he used Twitter to reach software founders. By April 2014, Baremetrics had reached $10,000 in monthly recurring revenue.
In 2016, AJ launched Carrd with just $500; by 2024, his one-page website builder was estimated to generate $1.5 million a year
AJ defines Carrd as a platform which allows people to create simple and single-page websites. Notably, people do not need to have coding skills to make websites for this. People can make personal profiles, portfolios and landing pages through it, according to the Starter Story report.
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Delhi National Lok Adalat on October 25, 2026: Check civil and criminal cases to be covered, timings and how to settle traffic challans
The Delhi State Legal Services Authority is set to conduct a National Lok Adalat from 10 am to 4 pm at multiple court locations throughout New Delhi. This initiative will tackle civil and criminal compoundable cases, allowing litigants to refer their matters by visiting designated court complexes.

Michael Burry bets against these 4 AI stocks, one of which rallied 190% YTD. Will his AI bubble warnings come true?
Michael Burry is betting against Nvidia, Palantir, Tesla and Micron amid concerns over AI valuations, chip depreciation and memory supply cycles. His warnings about a potential AI bubble have intensified as investors weigh surging stock prices against heavy AI spending and future revenue prospects.

Dan Koe, a solopreneur who began with just $500 in 2016, generated $5 million in revenue by 2024; Inside his single-person business model
Dan Koe stands as a leading advocate for digital entrepreneurship and advises solopreneurism as a viable pathway for individuals seeking business autonomy. Through effective writing strategies, he empowers aspiring creators to unearth their true passions. With a thriving multi-million-dollar brand, Koe integrates newsletters, YouTube, and social media to connect with his audience.

Chris Sacca invested $25,000 in Twitter before its rise. Why he later said, ‘love the service, hate the stock’
Chris Sacca invested $25,000 in Twitter in 2006 and later built a major stake before its IPO. Years later, he said, “Love the service, hate the stock,” explaining why he lost faith in the company’s stock despite his continued appreciation for the platform.

Elon Musk's $366 million political spending surge: Why he's backing Republicans in 2026 midterms
Elon Musk, previously intending to reduce political spending, has emerged as a major Republican donor. His $366 million contributions are aimed at crucial midterm elections, emphasizing his evolving political involvement. Funding includes significant amounts to super PACs supporting Republican candidates in key races. This financial support could influence both congressional majorities and future scrutiny of Musk's business dealings.

Nike stock chart forms a 'Jumpman' after shares plunge - why is NKE down and the story behind Michael Jordan’s iconic logo
Nike’s stock chart has sparked a joke after commentator Trung Phan said its recent decline created a “Jumpman formation.” The comparison comes as Nike struggles with falling revenue, weakness in China and pressure on Jordan Brand. Here’s what’s behind the stock slide and the Jumpman logo’s history.

Palmonas' offline push; IndiaAI's GPU crunch
Happy Thursday! Demi-fine jewellery brand Palmonas is betting on offline stores, cofounder Pallavi Mohadikar said. This and more in today’s ETtech Morning Dispatch.

Nithin Kamath reveals Zerodha's leadership secret: Why the broker rarely hires outsiders for top jobs
Zerodha founder Nithin Kamath says nearly all of the brokerage’s leaders have risen internally, with many joining early in their careers. He also discussed Zerodha’s long-term approach to social impact, questioning whether mandatory CSR spending delivers meaningful outcomes.

META Stock at Nasdaq today: Meta Platforms Inc shares near all-time highs, Facebook, Instagram, WhatsApp-owner inches away from $2 trillion market value mark
Shares of Meta Platforms Inc, which owns Facebook, Instagram, WhatsApp, were set for a fifth straight week of gains — their biggest five-week advance since late January 2023 — putting the social media giant less than 1 per cent away from the $2 trillion market value mark.

Meta shares soar after launch of Muse AI
Meta shares bounced back to their summer 2025 highs this week, riding a wave of investor excitement about Muse, the social media giant's AI agent which presents an opportunity to generate revenue beyond advertising. Concerns linger about whether Meta, which generates almost all of its revenue from advertising, will be able to make such monumental investments pay off.

US Market: Meta shares rebound as Muse AI agent fuels revenue hopes
Meta shares have rebounded as investor optimism grows around Muse, its AI agent aimed at creating revenue beyond advertising. The company faces scrutiny over heavy AI spending, privacy concerns and competition, but Muse’s early downloads, retail partnerships and integration with smart glasses could help Meta monetize its vast user base.

MF Tracker: HDFC Pharma & Healthcare Fund tops equity MFs at 25% in 1 year. Should investors chase the rally?
HDFC Pharma and Healthcare Fund recorded an impressive 25% return in the last year, surpassing its category average across various time frames. The robust performance is primarily due to heightened demand for generic drugs and recent FDA approvals. Investors are advised to steer clear of merely chasing past successes and instead focus on a sustainable long-term strategy.

Nithin Kamath says new UPI charges on investing, broking don’t make sense: 'I don't see how we can absorb this indefinitely'
Zerodha CEO Nithin Kamath said the new UPI MDR framework may not make economic sense for investing and broking, where customers can transfer funds without trading. He said brokers may struggle to absorb the costs indefinitely, particularly under quarterly settlement rules, and suggested a lower MDR with a transaction-level cap.

MFs raise healthcare bets for 4th straight month to 71-month high. Should investors follow?
Mutual funds raised their healthcare allocation for the fourth straight month in August 2026 to 8.4%, the highest in 71 months. Experts attribute the increase to resilient demand, earnings visibility, structural growth and opportunities in hospitals, specialty pharma and healthcare outsourcing. However, they caution investors against chasing the rally and suggest focusing on valuations, earnings quality and long-term prospects.

Paytm, MobiKwik, Pine Labs shares rally up to 6% after govt announces UPI fees above Rs 2,000. Why brokerages are bullish
Paytm, MobiKwik and Pine Labs are likely to remain in focus after the government announced MDR on select UPI transactions above Rs 2,000. From October 15, merchants will pay a 0.4% fee on eligible P2M UPI transactions, capped at Rs 300 for payments of Rs 75,000 or more.

Musk’s $60 billion Cursor bet has an Indian link: Meet 26-year-old Aman Sanger caught in Sam Altman feud
Aman Sanger, the 26-year-old co-founder of AI coding startup Cursor, is at the centre of Elon Musk’s $60 billion SpaceX acquisition. Born to Indian immigrant parents, Sanger’s family has IIT Bombay and Wall Street connections. The deal has also intensified tensions between Musk and OpenAI CEO Sam Altman after OpenAI ended its Cursor relationship.

NFO Alert: Bank of India Mutual Fund announces launch of value fund
Bank of India Mutual Fund has launched the Bank of India Value Fund, an open-ended equity scheme that follows a value investment strategy. The NFO is open from August 28 to September 11, 2026, and will invest predominantly in equity and equity-related instruments across market capitalisations.

Elon Musk expects Twitter to be 'cash flow break-even' next year
Twitter was previously tracking toward a "negative cash flow situation of $3 billion per year" before the cost cuts, Musk said on Wednesday in a Twitter Spaces audio chat.

Twitter offers advertisers incentives after marketers leave platform: report
US advertisers who book $500,000 in incremental spending will qualify to have their spending matched with a "100% value add," up to a $1 million cap, an email sent to arvertisers said.

Elon Musk has a bigger problem than bots: A huge Twitter debt burden
Fears are also growing that a recession could be on the horizon, which would make this an even worse time to load debt onto Twitter, as most of its revenue comes from advertising.

Elon Musk looks to quintuple Twitter revenue to $26.4 billion by 2028
In his pitch deck, Musk claimed he would increase Twitter's annual revenue to $26.4 billion by 2028, up from $5 billion last year.

Twitter avoids revenue hit from Apple privacy changes
Twitter said monetizable daily active users, its term for users who are served ads, was 211 million during the third quarter, missing analyst estimates of 212.6 million, according to IBES data from Refinitiv.
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