- Peacock Profit Hits US$261 Million as Comcast Loses 144,000 Broadband Users
Peacock posted US$261 million of quarterly profit as Comcast lost 144,000 domestic broadband customers.
- Spotify Subscribers Hit 306 Million as Q3 Revenue Rises 16%
Spotify reached 306 million Premium subscribers as third-quarter revenue rose 16% to €4.97 billion.
- Abbott to Spin Off US$8.5 Billion Nutrition Business
Abbott plans to separate its US$8.5 billion Nutrition business into a public company by the end of 2027.
- Asian Stocks Slide as Nikkei Falls 1.6% and Brent Tops $110
Asian stocks fell as the Nikkei lost 1.6%, the Kospi dropped 2.6% and Brent crude moved back above US$110.
- Meta Revenue Jumps 26% as Muse Tops 10 Million Accounts
Meta Q3 revenue rose 26% to US$64.6 billion as Muse passed 10 million accounts and AI spending stayed elevated.
- Tesla Profit Falls 43% as Free Cash Flow Hits US$1.53 Billion
Tesla's Q3 profit fell 43% to US$787 million, but free cash flow rebounded to US$1.53 billion as margins improved.
- Netflix Stock Falls 6% as Ad Sales Forecast Drops to US$2.7 Billion
Netflix stock fell about 6% after the streamer cut its 2026 advertising revenue forecast to roughly US$2.7 billion.
- Getty Images Files Chapter 11 With US$533 Million Rescue Plan
Getty Images begins a prepackaged Chapter 11 process backed by up to US$533 million as it prepares to go private.
- NWE Resources Opens 10% Higher in Bursa ACE Debut
NWE Resources opens at 22 sen, 10% above its IPO price, as the hospitality and health-products supplier debuts on Bursa's ACE Market.
- SpaceX Profit Hits $4.4 Billion as Musk Floats Tesla Merger
SpaceX swings to a $4.4 billion quarterly profit as AI revenue surges, while Musk says independent committees are discussing a Tesla merger.
- Micron Taiwan Union Sets Oct. 22 Strike as AI Memory Pay Dispute Escalates
Micron workers in Taoyuan will strike on 22 October as Taiwan unions press for a permanent profit-sharing system.
- Jio IPO Anchor Bids Hit $26.3 Billion as GIC Joins Rush
Jio Platforms draws US$26.3 billion in anchor bids, more than 30 times the quota, as GIC, BlackRock and other global funds seek shares.
- IHSG Closes Below 5,000 as Indonesia Selloff Extends
Indonesia's IHSG closes down 3.64% at 4,996.60 after touching 4,907.37, as MSCI downgrade concerns keep pressure on Jakarta stocks.
- iPhone Duo Preorders Open in Malaysia From RM9,499
Apple has opened iPhone Duo preorders in Malaysia from RM9,499, with its first foldable iPhone scheduled to arrive on 23 October.
- Tesla Roadster Flies With SpaceX Thrusters, but Production Waits Until 2028
Tesla's Roadster prototype completed a powered jump and mid-air roll, but customer production remains targeted for 2028 and road approval is
- Indonesia Stocks Plunge Over 10% as MSCI Warns of Standalone Downgrade
Indonesia's stock market plunged more than 10% after MSCI proposed moving it from emerging-market to standalone status.
- CelcomDigi Pays RM381.75M for New Mobile Spectrum
CelcomDigi paid RM381.75 million for new 900MHz and 2600MHz spectrum aimed at improving mobile capacity, coverage and service quality.
- KOSPI Plunges 7.6% as Samsung, SK Hynix Lead Chip Rout
South Korea's KOSPI fell 7.57% as Samsung and SK Hynix led a chip sell-off that triggered a 20-minute market halt.
- TSMC Profit Jumps 68.7% to NT$763 Billion as 2nm Ramp Accelerates
TSMC profit surged 68.7% to a record NT$763.06 billion as leading-edge demand lifted revenue and 2nm chips began a steep production ramp.
- Bank of America Hit With $1.2 Billion Money-Laundering Penalty
Bank of America faces a US$1.2 billion penalty over anti-money-laundering failures, plus a separate sanctions settlement, as the bank prepar
- ASML Reports €5 Billion Quarterly Profit as Customers Look Toward 2030 Orders
ASML reports €4.96 billion in quarterly profit as AI demand drives customers to consider orders for 2029 and 2030, while planned production
- NTT Data in Final Talks for Anthropic’s First Japan Data Centre, Nikkei Reports
NTT Data is reportedly nearing an agreement for an Anthropic data centre in Osaka, with construction costs of up to US$6.3 billion and parti
- Asian Stocks Slide as Saudi Conflict Keeps Oil Near $106
Asian stocks fell as AI-chip selling met Saudi-related energy risks. Brent traded near $106 early Tuesday, while Bursa Malaysia recovered at
- IOI Properties Explores SGX Secondary Listing as Singapore Push Grows
IOI Properties CEO Lee Yeow Seng says talks have begun on a possible SGX secondary listing, while a timetable, share structure and filing de