The all-electric vehicle startups face mounting challenges as they report quarterly results. Both companies have already cut production guidance and face industry-wide headwinds that could get worse before they get better.
Kwasi Kwarteng, the former UK chancellor behind the infamous 2022 mini-budget, is backing a bitcoin investment company called Stack Bitcoin Treasury. The venture aims to launch in London by year-end, though it’s already facing regulatory and operational hurdles.
Rivian Automotive surprised investors by posting a $24 million gross profit in the third quarter, beating expectations of a $38.6 million loss. The electric vehicle maker achieved this through its Volkswagen joint venture and software services, while maintaining its 2025 guidance.
NVIDIA’s latest Game Ready driver arrives just in time for November’s biggest game releases. The update brings optimizations for Call of Duty: Black Ops 7 and adds DLSS enhancements to several titles including Final Fantasy VII Rebirth.
Nvidia and Deutsche Telecom have officially confirmed their massive AI data center project in Munich. The facility will feature over 1,000 DGX B200 systems with up to 10,000 Blackwell GPUs, delivering 500 petaflops of compute power. Scheduled to launch in Q1 2026, the project already has major Europ
The world’s largest sovereign wealth fund is pushing back against Elon Musk’s staggering $1 trillion stock award proposal. Tesla shares dropped over 4.4% following the announcement ahead of the November 6 shareholder vote.
Telefónica is halving its dividend next year as new CEO Marc Murtra shifts focus to infrastructure investment. The Spanish telecom giant’s shares fell over 9% following the announcement, reflecting investor disappointment with the strategic pivot.
Roblox stock has plunged 22% in less than a month despite showing revenue and user growth. The company posted significant net losses and projects margin declines for 2026. Historical data suggests potential for further downside.
Snowflake is steering toward a future where AI agents help every employee reason with data. The company is betting that trust and governance will matter more than flashy model integrations in the enterprise AI race.
Alternative Payments has acquired data analytics firm Delmar Insights to launch an AI-powered payments and intelligence platform for MSPs. The deal comes as the company triples both revenue and its MSP customer base, now processing over $1 billion annually.
