Market Spy

Microsoft Reports $3.1 Billion Profit Hit from OpenAI Stake Amid Expanding AI Rivalry

Contributor:

Rachel Steinberg

Corporate & Industry Trends

Elon Musk’s “Grokipedia” Launches as an AI-Driven Rival to Wikipedia

Celebrating Del Andujar, Rising Star of 2025

Trade & Tariffs

Trump Treasury Secretary Scott Bessent Says He ‘Felt the Pain’ of China’s Boycott as a Soybean Farmer

Personal Finance

Medicare Open Enrollment 2025: What Every Beneficiary Should Know Before Making a Change

With open enrollment running until December 7, experts urge Medicare beneficiaries to carefully compare plans, review new benefits, and wait for full government services to resume before finalizing their decisions.

Contributor:

Rachel Steinberg

Trump Administration Expands Student Loan Forgiveness After Legal Settlement

Millions of borrowers in income-driven repayment programs regain access to debt cancellation following a major agreement with the American Federation of Teachers.

Contributor:

Calder Monroe

The Illusion of Luxury: How Gen Z Turns Vacations Into Social Media Gold

Behind the curated images of five-star getaways lies a growing trend of debt, staged content, and strategic image-building among young travelers.

Contributor:

David Goldfarb

Economy

Israel Conducts Airstrikes in Gaza Amid Accusations of Ceasefire Violations by Hamas

Tensions escalate as Israeli attacks in Gaza leave dozens dead while disputes over hostage remains and ceasefire terms threaten to unravel the fragile U.S.-brokered truce.

Contributor:

Calder Monroe

The Federal Reserve Faces Another Pivotal Week as Markets Expect a Rate Cut

Policymakers weigh the risks of inflation, labor market weakness, and data gaps as the Fed prepares its next move.

Contributor:

Junia Wells

Australia’s Inflation Hits Fastest Pace in Over a Year at 3.2%

Rising housing, transport and electricity costs push Australia’s yearly consumer-price inflation beyond the Reserve Bank of Australia’s target band, setting the scene for a longer wait on interest-rate relief.

Contributor:

Junia Wells

Investing

Global Hedge Funds Hit Record $5 Trillion as Investors Pour in Cash Amid AI and Rate-Cut Optimism

Industry posts biggest quarterly inflows since 2007, fueled by tech gains, M&A surge, and renewed confidence in risk assets

Contributor:

David Goldfarb

The Visionary Behind Pop Mart: How BA Capital Is Redefining China’s Consumer Investment Landscape

Venture capitalist David He of BA Capital reveals why China’s consumer market is evolving—not fading—and where the next wave of growth and cultural influence will come from.

Contributor:

Rachel Steinberg

Mongolia Launches Green Data Center Ambitions Through Chinggis Khaan Sovereign Wealth Fund

The $1.4 billion fund aims to transform mineral wealth into sustainable infrastructure, data hubs, and renewable energy exports

Contributor:

Rachel Steinberg

Lastest articles

India Takes Major Steps to Reduce Reliance on Chinese Electronics

With $626 million approved for seven new projects, India aims to boost local manufacturing and become a global hub for electronic components, targeting $150 billion in domestic market value by 2030.

Contributor:

Calder Monroe

Meta’s Reality Labs Faces Another Massive $4.4 Billion Hit as Metaverse Dreams Strain the Balance Sheet

Despite rising interest in AI-powered smart glasses, Meta’s costly push into virtual and augmented reality continues to drain billions, pushing total losses past $70 billion since 2020.

Contributor:

David Goldfarb

Alphabet Surpasses $100 Billion in Quarterly Revenue for the First Time as Cloud and AI Demand Soar

The Google parent posts record-breaking results with strong momentum in its AI-powered cloud division, a $155 billion backlog, and rising capital expenditures aimed at future growth.

Contributor:

Junia Wells

Jaguar Land Rover Cyberattack Exposes Cracks in Britain’s Digital Defense System

The £1.9 billion breach that halted production across factories worldwide is forcing the U.K. to confront a fast-escalating cybersecurity crisis threatening its industrial backbone.

Contributor:

Leah Rosenfeld

Microsoft Reports $3.1 Billion Profit Hit from OpenAI Stake Amid Expanding AI Rivalry

Despite the short-term accounting loss tied to its $13 billion OpenAI investment, Microsoft posts record quarterly revenue — highlighting both the strength and strain of one of tech’s most influential partnerships.

Contributor:

Rachel Steinberg

South Korean Auto and Shipbuilding Stocks Surge as $350 Billion U.S. Trade Deal Seals New Era of Cooperation

Seoul’s landmark trade pact with Washington — featuring lower tariffs and a massive investment package — sparks a market rally led by Hyundai, Kia, and Hanwha Ocean.

Contributor:

Rachel Steinberg

Chinese E-Commerce Titans Tighten Grip on Southeast Asia’s Online Market

From Indonesia to the Philippines, platforms like Alibaba, Shein, Temu, and TikTok Shop are reshaping the digital shopping landscape — capturing half the market and redefining how Southeast Asia shops online.

Contributor:

Rachel Steinberg

Trump and Xi Strike Hopeful Tone in South Korea Meeting, Pledge to Strengthen U.S.-China Partnership

In their first face-to-face meeting since Trump’s second term began, both leaders called for cooperation and stability amid escalating trade tensions, technology disputes, and global market uncertainty.

Contributor:

Rachel Steinberg

Bank of Japan Keeps Interest Rates Steady in First Policy Meeting Under Prime Minister Sanae Takaichi

Despite inflation remaining above target for 41 consecutive months, the central bank opts for caution as Japan navigates political transition, a weak yen, and global economic uncertainty.

Contributor:

Junia Wells

Hybe Surges $644 Million in Market Value After Court Upholds NewJeans Contract Through 2029

The ruling ends months of uncertainty surrounding the K-pop giant’s dispute with ADOR and former CEO Min Hee-jin, restoring investor confidence in Hybe’s fast-growing music empire.

Contributor:

David Goldfarb

Trump Slashes Fentanyl Tariffs to 10% as U.S. and China Strike Rare Earth Supply Deal

The one-year agreement marks a turning point in U.S.-China relations, easing trade tensions and signaling renewed cooperation on critical minerals and drug control.

Contributor:

Calder Monroe

Shipper — Revolutionizing E-Commerce Logistics in Southeast Asia

How an Indonesian startup is streamlining deliveries for online sellers

Contributor:

David Goldfarb

Israel Conducts Airstrikes in Gaza Amid Accusations of Ceasefire Violations by Hamas

Tensions escalate as Israeli attacks in Gaza leave dozens dead while disputes over hostage remains and ceasefire terms threaten to unravel the fragile U.S.-brokered truce.

Contributor:

Calder Monroe

Apple Hits Historic $4 Trillion Market Cap Milestone as Microsoft Holds Strong Above Benchmark

Fueled by booming iPhone 17 sales and global supply chain shifts, Apple joins Microsoft in the $4 trillion valuation club, signaling investor confidence ahead of earnings week.

Contributor:

Rachel Steinberg

Elon Musk’s “Grokipedia” Launches as an AI-Driven Rival to Wikipedia

Musk’s xAI project aims to challenge what he calls “biased” online knowledge, but early technical issues and mixed reactions mark its debut.

Contributor:

David Goldfarb

The Federal Reserve Faces Another Pivotal Week as Markets Expect a Rate Cut

Policymakers weigh the risks of inflation, labor market weakness, and data gaps as the Fed prepares its next move.

Contributor:

Junia Wells

Nvidia Begins Manufacturing AI Chips in Arizona, Marking a New Era of U.S. Semiconductor Independence

Jensen Huang confirms Blackwell GPU production has moved stateside amid growing national security, supply chain, and trade concerns

Contributor:

Leah Rosenfeld

China Resumes U.S. Soybean Purchases Ahead of Trump–Xi Summit

Beijing’s state grain giant COFCO secures 180,000 tons amid renewed hopes for trade thaw and agricultural cooperation

Contributor:

Rachel Steinberg

SK Hynix Fully Books 2026 Memory Chip Supply as AI Demand Skyrockets

Nvidia’s key memory partner posts record profits and cements global lead in high-bandwidth AI chips

Contributor:

Rachel Steinberg

Japan’s Nikkei Surges Past 51,000 on Trade Breakthrough and Fed Rate Cut Expectations

Tokyo’s record rally driven by Trump–Takaichi rare earths deal and global optimism over U.S. monetary easing

Contributor:

Leah Rosenfeld

Australia’s Inflation Hits Fastest Pace in Over a Year at 3.2%

Rising housing, transport and electricity costs push Australia’s yearly consumer-price inflation beyond the Reserve Bank of Australia’s target band, setting the scene for a longer wait on interest-rate relief.

Contributor:

Junia Wells

Trump Signals Possible Cut to Fentanyl-Related Tariffs on China, Plans Talks on Agriculture with Xi at Summit

Ahead of his summit in South Korea, President Trump indicates he will seek tariff relief tied to China’s assistance on fentanyl-precursor chemicals, while also raising issues important to U.S. farmers and discussing a wide range of trade and tech tensions with President Xi Jinping.

Contributor:

David Goldfarb

Trump Hints at Discussing Nvidia’s Next-Gen ‘Blackwell’ AI Chips with China’s Xi During Summit

As Beijing bans imports of the U.S. AI chip giant’s hardware, President Donald Trump signals a possible breakthrough with Chinese leader Xi Jinping over sales of Nvidia’s cutting-edge “super-duper” Blackwell processors – a move with major implications for the global chip race.

Contributor:

Calder Monroe

Capsule — The Digital Pharmacy Transforming Medication Delivery

How a U.S.-based startup is making prescription medications fast, convenient, and accessible

Contributor:

David Goldfarb

Trump Imposes Additional 10% Tariff on Canada Amid Controversial Reagan Trade Ad

Tensions flare as the U.S. President reacts to a Canadian TV ad featuring Ronald Reagan, halting trade talks and raising stakes ahead of Supreme Court hearings on tariff powers.

Contributor:

Rachel Steinberg

UK’s Cheese and Meat Ban Sparks Tensions with EU, Raising Questions Over Trade and Tourism

Nearly six months after its introduction, the UK’s ban on personal imports of EU dairy and meat products continues to affect businesses and travelers, even though Foot and Mouth Disease outbreaks in Europe have been contained.

Contributor:

Leah Rosenfeld

Airbus, Thales, and Leonardo Unite to Create a European Space Powerhouse Aimed at Challenging Starlink

Europe’s top defense and aerospace giants are merging their satellite divisions to establish a new space leader capable of competing with Elon Musk’s Starlink and reinforcing Europe’s technological sovereignty.

Contributor:

Junia Wells

Brazil and U.S. Move to Resolve Tariff Tensions After Trump-Lula Meeting in Malaysia

Talks between the two largest economies in the Americas signal a possible end to steep tariff hikes and strained trade ties, as both nations push for fairer terms and renewed cooperation.

Contributor:

David Goldfarb

Argentina’s Midterm Elections Deliver Major Victory for Milei’s Free-Market Revolution

President Javier Milei’s sweeping win cements public backing for his radical economic reforms, signaling a new era of austerity, deregulation, and investor confidence in Argentina.

Contributor:

Rachel Steinberg

U.S. Government Shutdown Chokes Nonprofit Funding, Threatening Essential Community Services

As the federal funding lapse drags on, thousands of nonprofits struggle to stay afloat while demand for their aid surges across the country.

Contributor:

Trump Treasury Secretary Scott Bessent Says He ‘Felt the Pain’ of China’s Boycott as a Soybean Farmer

Bessent reveals personal ties to U.S. agriculture while discussing trade tensions with China and signals optimism for a breakthrough deal.

Contributor:

Leah Rosenfeld

Novartis to Acquire U.S. Biotech Avidity Biosciences in $12 Billion All-Cash Deal

Swiss drugmaker strengthens its RNA therapeutics pipeline as it expands global R&D footprint

Contributor:

Junia Wells

HSBC Sets Aside $1.1 Billion After Luxembourg Court Ruling in Madoff-Linked Case

Europe’s largest bank braces for financial hit as legal battle over Bernard Madoff’s massive Ponzi scheme continues

Contributor:

David Goldfarb

Japan’s Nikkei 225 Breaks 50,000 for the First Time as Global Market Optimism Builds

Investors rally on easing U.S.-China trade tensions and expectations ahead of the Takaichi-Trump meeting

Contributor:

Leah Rosenfeld

China’s Industrial Profits See Sharpest Rise in Nearly Two Years

Government measures to curb price wars and boost manufacturing output fuel a 21.6% surge in September

Contributor:

Calder Monroe

DeepL — The AI Translation Startup Challenging the Giants

How a German startup is redefining translation with artificial intelligence

Contributor:

Leah Rosenfeld

AI Investment Fuels Stock Market Gains While Main Street Struggles

Tech giants lift GDP and Wall Street, but small businesses face tariffs, rising costs, and shrinking consumer spending.

Contributor:

Junia Wells

Deckers Brands Shares Plunge 15% After Softer Growth Forecast for Hoka and Ugg

Tariff pressures and cautious consumer spending weigh on the footwear giant’s fiscal outlook, offsetting strong Q2 earnings and sparking investor concern.

Contributor:

Junia Wells

Markets Brace for Friday’s Crucial Inflation Report — Will It Shake Up Wall Street?

With the government shutdown limiting new data, all eyes turn to September’s CPI release — a single report that could decide the Fed’s next move and set the tone for markets heading into year-end.