Gold dipped after the Federal Reserve kept interest rates unchanged and offered little guidance on its next move, leaving traders guessing over the prospect of a hike before year-end.

Bloomberg

Business

Why Alphabet’s stock could see its worst drop in years after the latest results

MarketWatch

BusinessOct 28, 2026 · 1 min

Collected headline brief

Why Alphabet’s stock could see its worst drop in years after the latest results

A doubling of cloud revenue wasn’t enough to appease Wall Street as investors grew more concerned that AI is hurting the company’s ability to make money off search queries.

MarketWatch

Business

Investors turn on Google owner Alphabet after profit miss, ad slowdown and high spending

The Guardian

BusinessOct 28, 2026 · 1 min

Collected headline brief

Investors turn on Google owner Alphabet after profit miss, ad slowdown and high spending

Net profit slid 25% from a year earlier to $26.2bn, well short of expectations, though revenue rose to $127.6bn Shares in Google parent Alphabet fell more than 10% in after-hours trading Wednesday, erasing tens of billions of dollars in…

The Guardian

Business

One passport isn’t enough for some wealthy Chinese. Here’s where they’re looking next

CNBC

BusinessOct 28, 2026 · 1 min

Collected headline brief

One passport isn’t enough for some wealthy Chinese. Here’s where they’re looking next

For some wealthy Chinese, securing a foreign passport is becoming worth the ultimate trade-off: giving up their citizenship.

CNBC

Business

Equinix Says Data-Project Barriers Could Boost Its Pricing Power

Bloomberg

BusinessOct 28, 2026 · 1 min

Collected headline brief

Equinix Says Data-Project Barriers Could Boost Its Pricing Power

Equinix Inc., one of the world’s biggest data-center companies, said mounting barriers to bringing new projects online will make existing capacity more valuable and potentially strengthen its grip on the market — including pricing.

Bloomberg

Business

BYD Short Sellers Retreat Ahead of Expected Profit Rebound

Bloomberg

BusinessOct 28, 2026 · 1 min

Collected headline brief

BYD Short Sellers Retreat Ahead of Expected Profit Rebound

Short sellers are paring back bets against BYD Co. ahead of earnings, with the Chinese electric vehicle giant poised to post a rebound in profit helped by accelerating overseas sales and a domestic market recovery.

Bloomberg

Business

Bloomberg

BusinessOct 28, 2026 · 1 min

Collected headline brief

Alphabet Shares Tank on Sales Misses Across Core Businesses

Alphabet posted disappointing sales from most of its core businesses in the third quarter, escalating investors’ concerns about the hundreds of billions of dollars that the company is spending on artificial intelligence. Ed Ludlow has…

Bloomberg

Business

Fortinet’s stock is taking a dive after earnings. Here’s why.

MarketWatch

BusinessOct 28, 2026 · 1 min

Collected headline brief

Fortinet’s stock is taking a dive after earnings. Here’s why.

Cybersecurity stocks are broadly falling as growth slows significantly in one of Fortinet’s business segments.

MarketWatch

Business

RNZ

BusinessOct 28, 2026 · 1 min

Collected headline brief

Half of mid-sized firms expect economy to improve - survey

Nearly half are reporting higher revenue and more than half plan to lift wages, according to a new survey.

RNZ

Business

On debut, Jio 2nd most valuable company, behind only parent Reliance Industries

Times of India

BusinessOct 28, 2026 · 1 min

Collected headline brief

On debut, Jio 2nd most valuable company, behind only parent Reliance Industries

Jio Platforms successfully listed its shares at a premium price of Rs 1,358 on debut day. The stock surged to Rs 1,419, resulting in a market capitalisation of Rs 13.1 lakh crore. The listing also elevated the RIL group to the top of…

Times of India

Business

Petrobras Pumps at Record as Iran War Upends Oil Markets

Bloomberg

BusinessOct 28, 2026 · 1 min

Collected headline brief

Petrobras Pumps at Record as Iran War Upends Oil Markets

Brazil’s state-controlled oil producer Petrobras lifted production to a record and ran its refineries near full capacity in the third quarter, helping the country weather disruptions to global energy markets from the Iran war.

Bloomberg

Business

Paga processes $1.5bn monthly, unfazed by fintech competition — CEO

The Punch

BusinessOct 28, 2026 · 1 min

Collected headline brief

Paga processes $1.5bn monthly, unfazed by fintech competition — CEO

Paga’s CEO, Tayo Oviosu, says the fintech firm is unfazed by rising competition, revealing it processes over $1.5bn in transactions monthly. Read More: https://punchng.com/paga-processes-1-5bn-monthly-unfazed-by-fintech-competition-ceo/

The Punch

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