Finance

Tesla's Megapack batteries are almost sold out till 2027 and Elon Musk says that the manufacturer is working to increase their production. There is an upward trend in demand as utility companies and AI data centers look for more stable energy. "As much as possible" On October 22, 2026, Musk posted on X: We are. . .

VERO BEACH, Fla. (AP) — Orchid Island Capital Inc. (ORC) on Thursday reported a loss of $178.9 million in its third quarter. The Vero Be

The state’s Attorney General Peter Neronha filed the suit in Providence Superior Court, accusing Meta of making billions in profits from scam ads, while simultaneously telling users it was working hard to protect them. The suit cites reporting on leaked Meta documents from Reuters that said: > ... it was earning ​far more from high-risk scam ads than it expected to pay in fines for allowing them. > According to those documents, Meta displays around 15 billion “higher risk” scam ads to users every

The ringgit is expected to remain under pressure in the near term as persistent US inflationary pressures and escalating geopolitical tensions support the US dollar, while markets assess the Federal Reserve's (Fed) interest rate outlook ahead of its October policy meeting.

Daily Global Technology Digest | Thursday, October 22, 2026 It’s Thursday, October 22, 2026, and the tech industry's contradictions are becoming harder to ignore. AI investment continues to soar, with DeepSeek reportedly nearing a $15 billion funding round and Meta reporting $64.6 billion in quarterly revenue. Yet beneath those numbers, new pressures are emerging: electricity

Barclays plans to cut 5,000 jobs, with about 60% of the reductions falling on support functions. Fixed-income and currency trading revenue fell 19% to £1.01 billion in the third quarter.

Ford opened orders for the 2027 Mustang Mach-E, which now offers a standard extended-range battery for under $40,000. A new...

Big Tech stocks and AI development are surging under Donald Trump’s pro-growth agenda, but the upcoming midterm elections and a potential Democratic Congress could spark aggressive new tech regulation. Get the latest updates today from around artificial intelligence industry.

Claude Duet, Anthropic's new background agent, launched October 21, 2026. It works across connected apps while you're away, but the US-only preview comes with...

ST. LOUIS (AP) — Cass Information Systems Inc. (CASS) on Thursday reported net income of $10.6 million in its third quarter. On a per-share bas