Lyft is combining ride credits with a DoorDash membership in a $9.99 monthly program designed to compete more directly with Uber One, while restructuring its existing loyalty options for riders, delivery customers, and bike users.
Bill Ackman says leverage and speculative trading are producing casino style markets, even as the resulting volatility gives Pershing Square opportunities to buy Microsoft, Amazon, Alphabet and other favored companies at discounted prices.
Ferrari lifted its 2026 financial targets for a second consecutive quarter after adjusted earnings and revenue beat expectations, while stronger customer personalizations and reduced currency headwinds helped offset lower vehicle shipments.
Gold rose while silver slipped as U.S. midterm uncertainty, strikes on Iran’s Qeshm Island, rebounding crude prices and expectations for further Federal Reserve tightening pulled precious metals in competing directions ahead of key labor and factory data.
Gold held above $3,900 an ounce but slipped 0.20% after September U.S. job openings rose to 7.52 million, beating economists’ expectations and giving the Federal Reserve more room to raise rates against persistent inflation.
Gold and silver remain above crucial support zones, but Jesse Colombo warns that decisive breaks could unleash broader capitulation, putting $3,500 gold and lower silver support levels squarely into focus.
As high prices and mortgage rates squeeze younger purchasers, more buyers under 35 are adding older applicants whose income, assets, and credit can strengthen qualification, while giving those participants joint ownership and equal responsibility for payments.
Crypto organizations are pouring more than $200 million into the 2026 midterms, backing congressional candidates across both parties as the industry pushes for market structure legislation and prepares for a major test of its Washington influence.
Nvidia and AMD are committing a combined $4 billion to Meta as the social media giant pursues a $95 billion capital raise and expands AI infrastructure partnerships involving chips, computing systems and its Muse agent.
The Federal Reserve is expected to hold rates steady before the midterms, but stubborn 3.7% annual inflation has strengthened expectations for a December increase and potentially more tightening during 2027.
Neocloud shares came under fresh pressure after Elon Musk predicted widespread failures and consolidation, while industry executives insisted that AI computing demand remains strong despite mounting investor concerns about debt, capital scarcity and future returns.
HSBC says gold remains supported by debt concerns, central bank demand and ETF inflows, but recent trading exposed its weakness as a short term shield against falling equities, reinforcing the case for broader portfolio diversification.
SpaceX’s Boring Co. stake generated a $561 million unrealized quarterly gain, accounting for more than half of other income as Musk’s companies deepened financial ties and opened discussions about a potential SpaceX and Tesla combination.
Meta’s new stock structure could help Mark Zuckerberg meet a potential Proposition 40 tax bill while retaining majority voting control, as he commits to eight more years in California and the state’s wealth tax fight approaches Election Day.
Volvo Cars shares sank 26% as collapsing China revenue, U.S. pressures and a 5.6 billion Swedish kronor operating loss pushed the automaker toward 2,500 job cuts and a sweeping regional overhaul.
Trump claims his second term has forced Google to take him seriously, while the company cites official naming policies. Financial disclosures, inauguration donations and government technology projects reveal a broader relationship between the president and Alphabet.