Tokio Marine Eyes Multibillion-Dollar Suncorp Takeover 
Meta, U.S. States Discuss Settlement in Teen Addiction Trial 
Australia’s Big Four Banks Face Mortgage Slowdown as Valuations Draw Scrutiny 
Mercer International Stock Surges 45% on C$20 Million Canada Funding 
J.P. Morgan Upgrades Diploma, Lifts Price Target to 8,250p 
Trian Drops Wendy’s Take-Private Bid Plans, Shares Plunge 14% 
Xiaomi Unveils Xring O3 Chip for Flagship Foldable Phone 
Nvidia Options Price in $280 Billion Earnings Swing 
BNP Paribas, KB Kookmin Eye $2 Billion Techcombank Stake 
Tesla Raises Cybertruck Prices by $5,000 in US 
Salesforce Shares Surge as AI Demand Powers Q2 Earnings Beat 
Google Expands Gemini Enterprise With AI Tools for Legal Sector 
Trump Administration Plans New Drug Pricing Deals With Biotech Firms 
HP Stock Drops 9% Despite Q3 Earnings Beat and Raised 2026 Outlook 
Yindjibarndi Appeals Fortescue Mining Compensation Ruling 
Add as a preferred source on Google
Wall Street saw a rally of tech stocks before the weekend, thanks to the positive earnings reports major tech companies revealed. Reuters said the earnings reports had surpassed analysts’ expectations, which resulted to S&P 500 going to a positive territory for the year and above its 200-day moving average since August 19 for the first time. Dow Jones, on the other hand, saw its Industrial Average increase by a significant 0.9%, Bloomberg added.
Motley Fool said the tech rally was lead by two industry giants, Microsoft and Amazon.com. Both companies announced its third-quarter results on Friday pre-trading with positive data. The results reportedly inspired investors by pushing the companies’ stock prices up. In between the two stocks, the site said USD70 billion of additional market capitalization was raised in just one trading day.
“Stocks are back. We’re back on track as far as a cheap money, quantitative easing, risk-on trade is concerned,” said Robert Pavlik, chief market strategist at Boston Private Wealth.
