Business

Nvidia's $12.9 billion Hugging Face deal draws DOJ scrutiny

CNBC

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Nvidia's $12.9 billion Hugging Face deal draws DOJ scrutiny

9 billion purchase of Hugging Face.

CNBC

ServiceNow’s stock slides as earnings miss clouds a raised AI outlook

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ServiceNow’s stock slides as earnings miss clouds a raised AI outlook

Even with an uptick in multi-million-dollar AI deals, ServiceNow’s earnings results weren’t enough to win over software skeptics

Republicans seek to deflect Epstein anger on to Democrats

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Republicans seek to deflect Epstein anger on to Democrats

Donald Trump’s party targets opponents over mega-donor Reid Hoffman’s support for midterms campaign

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ServiceNow Falls After Quarterly Sales Outlook Revives AI Fears

ServiceNow Inc. shares plunged after the company gave an outlook for quarterly subscription sales that met analysts’ estimates, but failed to quell Wall Street’s anxieties that artificial intelligence will disrupt the software maker.

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Global Bond Sales Shatter Record, Fueled by AI Borrowing Binge

Global bond sales have soared to an all-time high, catapulted by breakneck borrowing from the tech juggernauts at the forefront of the AI boom.

Bank of Namibia Raises Repo Rate to 7.00%

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Bank of Namibia Raises Repo Rate to 7.00%

The Bank of Namibia lifted its repo rate to 7.00% from 6.75% on 28 October 2026, a unanimous vote to defend the Namibia dollar peg to the rand. The post Bank of Namibia Raises Repo Rate to 7.00% appeared first on The Rio Times .

US Goods Deficit Widens to US$134.9 Billion

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US Goods Deficit Widens to US$134.9 Billion

The US goods trade deficit widened to US$134.9 billion in September, against US$130.4 billion expected, the Census Bureau advance report shows. The post US Goods Deficit Widens to US$134.9 Billion appeared first on The Rio Times .

US Crude Stocks Fall 1.9 Million Barrels

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US Crude Stocks Fall 1.9 Million Barrels

US commercial crude stocks fell 1.9 million barrels in the week ended 23 October while gasoline stocks rose 3.9 million barrels, EIA data show. The post US Crude Stocks Fall 1.9 Million Barrels appeared first on The Rio Times .

U.S. oil-refinery stocks are up roughly 150% this year. How long could this historic run last?

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U.S. oil-refinery stocks are up roughly 150% this year. How long could this historic run last?

Analyst predicts the ‘mother of all maintenance seasons’ for refineries that have been running at high capacity

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Google shares drop 7% as search business falls short and AI spending surges

Search giant boosted spending on AI investments to more than $50bn in the quarter

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GFL Sets Nov. 9 Date for Offers as Talks Enter Final Stretch

Canada’s GFL Environmental Inc. is in the final stages of evaluating takeover bids and suitors have been given until Nov. 9 to submit their final offers.