- EQT-Range Merger Sets 0.987-Share Terms for US Gas Combination
EQT will acquire Range Resources in an all-stock deal, with a 0.987-share exchange ratio and a combined enterprise value above US$50 billion
- SK hynix Sets October 28 Return Plan Amid Dividend Reports
SK hynix will outline shareholder returns with its October 28 results. A reported 16 trillion won special dividend remains unconfirmed pendi
- Infosys Shares Fall as FY27 Growth Outlook Drops to 1–2%
Infosys shares fall in Monday trading after a FY27 growth-guidance cut, while its quarterly results show rising AI revenue, large deals and
- Peacock Profit Hits US$261 Million as Comcast Loses 144,000 Broadband Users
Peacock posted US$261 million of quarterly profit as Comcast lost 144,000 domestic broadband customers.
- Spotify Subscribers Hit 306 Million as Q3 Revenue Rises 16%
Spotify reached 306 million Premium subscribers as third-quarter revenue rose 16% to €4.97 billion.
- Abbott to Spin Off US$8.5 Billion Nutrition Business
Abbott plans to separate its US$8.5 billion Nutrition business into a public company by the end of 2027.
- Asian Stocks Slide as Nikkei Falls 1.6% and Brent Tops $110
Asian stocks fell as the Nikkei lost 1.6%, the Kospi dropped 2.6% and Brent crude moved back above US$110.
- Meta Revenue Jumps 26% as Muse Tops 10 Million Accounts
Meta Q3 revenue rose 26% to US$64.6 billion as Muse passed 10 million accounts and AI spending stayed elevated.
- Tesla Profit Falls 43% as Free Cash Flow Hits US$1.53 Billion
Tesla's Q3 profit fell 43% to US$787 million, but free cash flow rebounded to US$1.53 billion as margins improved.
- Netflix Stock Falls 6% as Ad Sales Forecast Drops to US$2.7 Billion
Netflix stock fell about 6% after the streamer cut its 2026 advertising revenue forecast to roughly US$2.7 billion.
- Getty Images Files Chapter 11 With US$533 Million Rescue Plan
Getty Images begins a prepackaged Chapter 11 process backed by up to US$533 million as it prepares to go private.
- NWE Resources Opens 10% Higher in Bursa ACE Debut
NWE Resources opens at 22 sen, 10% above its IPO price, as the hospitality and health-products supplier debuts on Bursa's ACE Market.
- SpaceX Profit Hits $4.4 Billion as Musk Floats Tesla Merger
SpaceX swings to a $4.4 billion quarterly profit as AI revenue surges, while Musk says independent committees are discussing a Tesla merger.
- Micron Taiwan Union Sets Oct. 22 Strike as AI Memory Pay Dispute Escalates
Micron workers in Taoyuan will strike on 22 October as Taiwan unions press for a permanent profit-sharing system.
- Jio IPO Anchor Bids Hit $26.3 Billion as GIC Joins Rush
Jio Platforms draws US$26.3 billion in anchor bids, more than 30 times the quota, as GIC, BlackRock and other global funds seek shares.
- IHSG Closes Below 5,000 as Indonesia Selloff Extends
Indonesia's IHSG closes down 3.64% at 4,996.60 after touching 4,907.37, as MSCI downgrade concerns keep pressure on Jakarta stocks.
- iPhone Duo Preorders Open in Malaysia From RM9,499
Apple has opened iPhone Duo preorders in Malaysia from RM9,499, with its first foldable iPhone scheduled to arrive on 23 October.
- Tesla Roadster Flies With SpaceX Thrusters, but Production Waits Until 2028
Tesla's Roadster prototype completed a powered jump and mid-air roll, but customer production remains targeted for 2028 and road approval is
- Indonesia Stocks Plunge Over 10% as MSCI Warns of Standalone Downgrade
Indonesia's stock market plunged more than 10% after MSCI proposed moving it from emerging-market to standalone status.
- CelcomDigi Pays RM381.75M for New Mobile Spectrum
CelcomDigi paid RM381.75 million for new 900MHz and 2600MHz spectrum aimed at improving mobile capacity, coverage and service quality.
- KOSPI Plunges 7.6% as Samsung, SK Hynix Lead Chip Rout
South Korea's KOSPI fell 7.57% as Samsung and SK Hynix led a chip sell-off that triggered a 20-minute market halt.
- TSMC Profit Jumps 68.7% to NT$763 Billion as 2nm Ramp Accelerates
TSMC profit surged 68.7% to a record NT$763.06 billion as leading-edge demand lifted revenue and 2nm chips began a steep production ramp.
- Bank of America Hit With $1.2 Billion Money-Laundering Penalty
Bank of America faces a US$1.2 billion penalty over anti-money-laundering failures, plus a separate sanctions settlement, as the bank prepar
- ASML Reports €5 Billion Quarterly Profit as Customers Look Toward 2030 Orders
ASML reports €4.96 billion in quarterly profit as AI demand drives customers to consider orders for 2029 and 2030, while planned production