Tuesday, 20 October 2026
- SpaceX jumps 5% after hours as Super Intelligence becomes the company's biggest business
SpaceX shares jumped 5% after hours on a blowout third quarter, with Dan Ives at Yorkville Ives saying Super Intelligence has become the company's largest…
- Netflix shares sink 6% . One step forward, two steps back?
Netflix shares are down 6% after hours, and Yorkville analyst and Wall Street's tech bull Dan Ives captured the mood: the subscriptions moved forward, the…
- SpaceX jumps after hours as AI revenue surges and profits smash estimates
SpaceX blew past Wall Street's expectations in the third quarter, with revenue more than doubling to $14.58 billion against forecasts of $12.72 billion.
- Netflix falls 5% after hours on weak guidance and ad revenue miss
Netflix beat third-quarter estimates on both revenue and earnings, but investors sold the stock anyway.
- Schmidt's Anthropic bet could be worth $20B at IPO, Meta pushes app-store age checks, Google, Apple, Amazon - Big Tech Report Update
Former Google CEO Eric Schmidt holds roughly a 1% stake in Anthropic that could be worth as much as $20 billion when the AI company goes public, Bloomberg…
- Qualcomm plans global layoffs as smartphone demand slows
Qualcomm plans to cut jobs globally starting in November, aiming to strengthen performance as smartphone demand softens, according to Benzinga.
- Spotify brings in a 'slop mop' clean up 50m tracks
Spotify has removed more than 50 million AI-generated "slop" and spam tracks from its recommendations this year, marking one year since it outlined a strategy…
- Schmidt's early Anthropic bet nears $20bn on paper ahead of IPO
Eric Schmidt's early bet on Anthropic, the AI company behind the Claude chatbot, could be worth as much as $20 billion when the startup goes public, Bloomberg…
- Palo Alto down after VPN flaw admission
Shares in Palo Alto Networks, the Santa Clara-based cybersecurity vendor, fell 1.6% after it revealed ransomware operators have escalated exploitation of a…
- Meta's Muse joins rare club of 10 million download apps
Meta's AI companion app, Muse, has reached 10 million U.S. downloads within its first 40 days on the market, according to data from market intelligence…
- Nasdaq claws back losses as chip stocks spring a bear trap
The Nasdaq Composite erased an early decline to trade up 0.46% on Tuesday, with the broader market in better shape as earnings season shifted focus away from…
- Jio Platforms' record IPO launches amid Ambani-Musk rivalry
Jio Platforms, the digital arm of Mukesh Ambani's Reliance Industries, launches its initial public offering on Wednesday, marking India's largest-ever stock…
- Intel seeks FCC waiver for foreign fab robots, Google Cloud outage disrupts UK services, Nvidia, Google, Reddit - Big Tech Report
Jio Platforms, the digital arm of Mukesh Ambani's Reliance Industries, launches its initial public offering on Wednesday, targeting a valuation of more than…
- Chinese tech giants order $35 billion of Nvidia workstation chips
ByteDance, Alibaba and Tencent have placed orders worth over $35 billion for Nvidia's RTX PRO 5500 graphics cards, according to Reuters, as Chinese technology…
- Nasdaq futures slip as AI jitters and $110 oil weigh on tech
Nasdaq-100 futures are down around 0.5% ahead of Tuesday's open, near 29,520.
- Google Cloud outage hits banks and businesses across the UK
A Google Cloud outage has knocked out services at a string of UK banks and businesses, with the tech giant saying its engineering team is working to fix the…
- SpaceX and Netflix headline packed evening for tech earnings
SpaceX, the AI, rocket and satellite company that listed on the Nasdaq in June, posts its third-quarter 2026 results after the US market close tonight, with a…
- JPMorgan says global banks well insulated from CoreWeave debt crisis
JPMorgan has told clients that global banks are well insulated from CoreWeave's deepening debt crisis, arguing their exposure runs through secured vehicles…