French supermarket giant’s shares plunge 14% after warning ‘unprecedented’ unrest will hit business
Carrefour cut its full-year 2026 financial forecasts, citing worsening social unrest and security conditions in France, weighing on consumer spending.
OpenAI’s most powerful AI models disabled their own safety monitoring — and one lied about it
Warnings about the risks of developing increasingly advanced AI systems have ramped up in recent months, amid cyberattacks from rogue AI models.
UK inflation jumps to 3.5% — cementing rate hike expectations
U.K. inflation rose by a hotter-than-expected 3.5% in the 12 months to September, driven by the surging cost of motor fuels.
Samsung, SK Hynix upgrading China plants to make more advanced chips, people say: Reuters
Samsung and SK Hynix are upgrading China NAND plants to meet AI demand and counter YMTC, despite U.S. export-control constraints.
Oil prices mixed as traders assess Middle East developments
Iran’s Revolutionary Guards said Tuesday that naval mines had prevented three tankers attempting to pass through the Strait of Hormuz.
U.S. eyes refining muscle of Indian billionaire Ambani’s Reliance as Rubio visits Jamnagar plant
Rubio said the “extraordinary” refining capacity of Reliance could help India diversify its energy supplies, hinting at greater offtake of Venezuelan crude.
CNBC Daily Open: The Musk universe is planning its latest crossover
In the corporate world, Elon Musk is mulling a more ambitious merger of universes: SpaceX and Tesla.
Australian data center operator NextDC’s shares plunge 40% after it slashes earnings forecast
The company cited power supply delays at its Melbourne facility amid local community and stakeholder opposition for lowering earnings forecast.
AI’s spending boom faces a ‘gut check’: Who can actually make money?
The AI boom is entering a more unforgiving phase, as investors question whether the billions poured into data centers will translate into sustainable profits.
Japan exports post huge miss in September as growth slows to 16.7%
Japan’s imports grew 18.9%, also missing expectations of 19.6% from Reuters.
