Novartis AG has struck a transformative deal to acquire Avidity Biosciences Inc. in a cash transaction valued at approximately $12 billion, marking one of the largest biotech buyouts of 2025 and strengthening the Swiss pharmaceutical giant’s position in neuromuscular disease […]
A massive power outage swept through Houston on October 20, 2025, leaving more than 1.2 million CenterPoint Energy customers in the dark as severe thunderstorms and high winds battered southeast Texas. The CenterPoint outage October 2025, triggered by downed power
Quantum computing stocks took a sharp downturn on October 22, 2025, erasing recent gains and signaling renewed caution in the high-growth sector. Shares of IonQ (NYSE: IONQ) fell 6%, Rigetti Computing (NASDAQ: RGTI) dropped 9%, and D-Wave Quantum (NYSE: QBTS)
Netflix Inc. (NASDAQ: NFLX) shares tumbled more than 10% in after-hours trading on October 21, 2025, following a disappointing third-quarter earnings report that missed Wall Street expectations and raised concerns about profitability. The streaming giant reported adjusted earnings of $5.87
Meta Platforms Inc. (NASDAQ: META) announced plans to lay off 3,600 employees on October 22, 2025, primarily targeting its Reality Labs division, as part of a broader restructuring to accelerate AI investments and streamline operations. This Meta layoffs 2025 move
A widespread outage at Amazon Web Services (AWS) on October 20, 2025, disrupted access to dozens of popular websites and apps, affecting millions of users worldwide and exposing vulnerabilities in the cloud giant’s infrastructure. The AWS outage October 2025 began
Beyond Meat Inc. (NASDAQ: BYND) shares have plummeted to their lowest levels in history, trading below $1 for the first time on October 14, 2025, following a debt restructuring deal that significantly diluted existing shareholders. The El Segundo, California-based plant-based
Gold prices have captured global attention in October 2025, surging to new all-time highs above $4,300 per ounce before a slight retreat that has left investors weighing the sustainability of the rally. As of October 17, 2025, spot gold fell
Taiwan Semiconductor Manufacturing Company (TSMC) delivered a standout performance in its third-quarter 2025 earnings, surpassing analyst forecasts with a record profit driven by surging demand for artificial intelligence chips. As the world’s largest contract chipmaker, TSMC reported net income of
Walmart is taking a big step into the future of retail with a new partnership with OpenAI that lets customers shop directly through ChatGPT. Announced on October 14, 2025, this Walmart OpenAI partnership allows users to browse products, plan meals,
