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2026/11/02
Palantir Valuation Surpasses Four Times ServiceNow Amid Market Shifts
Investors valued Palantir at 4.05 times ServiceNow after two turbulent trading sessions, leaving roughly $333 billion between the companies' market values. Palantir's valuation had been 3.03 times ServiceNow's before those sessions. Both companies provide software that helps large organizations use
Google Confident in AI Infrastructure Demand Despite High Capital Expenditures
Google's global head of energy and power, Amanda Peterson Corio, challenged concerns about excessive AI infrastructure construction in comments to The Information last week. Peterson Corio said building insufficient capacity worries Peterson Corio more than building too much. Peterson Corio cited cl
Mercado Bitcoin hackers hold $46.5 million in stolen crypto, including 3,680 ETH and 106 BTC
[Merchants Bitcoin Hacking Address Tracking: 3,680 ETH, 106 BTC, and $8 million in stablecoins stolen] According to Jinse财经, on November 3, Onchain Lens monitored that the Brazilian crypto exchange Mercado Bitcoin was hacked, with $46.5 million worth of cryptocurrency traced to the hacker’s addresse
AI Infrastructure Debt Surpasses $400 Billion as Bond Markets Reassess Risk
Key takeawaysAI-linked debt issuance reaches approximately $466 billionBond investors demand higher yields from riskier borrowersData center financing faces growing repayment concernsArtificial intelligence companies have raised approximately $466 billion in debt during 2026, as investors increasing
Marvell to Acquire Lumentum in $115 Billion All-Stock Deal
CoinDesk reports:Marvell Technology, Inc. (Nasdaq: MRVL) and Lumentum (Nasdaq: LITE) today announced that they have entered into a definitive agreement for Marvell to acquire Lumentum in an all-stock transaction.Under the terms of the agreement, each share of Lumentum common stock will be exchanged
FATF Launches Targeted Review of Crypto Hubs for AML Compliance
The Financial Action Task Force (FATF) says it will conduct a targeted review of countries with significant crypto activity, aiming to pinpoint where anti-money laundering (AML) rules are not being applied effectively to virtual assets.In an announcement made Friday, the FATF—an intergovernmental bo
AMD Q3 Earnings Expected to Exceed Forecasts Amid Market Volatility
Analysts forecast third-quarter revenue of $13.09 billion for Advanced Micro Devices, which reports Tuesday after the market closes. Benzinga Pro data put revenue in the same quarter last year at $9.25 billion. The forecast would establish a quarterly revenue record above the second quarter's $11.54
Cyberattacks Target Refrigeration Systems in Europe, Raising Food Spoilage Risks
Suspected cyberattacks drove refrigerator and freezer temperatures sharply higher overnight at dozens of European supermarkets, ruining food and threatening substantial losses. Reuters reported that Ahold Delhaize and Colruyt experienced incidents at stores in Belgium and Luxembourg. Reuters also re
Churchill Stock Surges 13.87% After Merger Funding Announcement
Churchill Capital Corp XI shares advanced Monday following a Friday funding announcement about the planned merger with Agility Robotics. Churchill and Agility said the transaction was expected to raise about $465 million. Benzinga Pro showed CCXI shares trading at $9.28 at publication Monday, a gain
Hyperliquid's HYPE Gains 30% as Revenue Diversifies in September
HYPE reportedly gained 30.66% from its marked support entry, while the post says price is nearing its previous all-time high again.Revenue in September was $105 million, of which 64% came from core trading fees and approximately $38 million from non-core sources.HIP-3 expansion and regulated US mark
Eclair 0.14.6 Released to Strengthen Bitcoin Lightning Network Security
Bitcoin Lightning developer ACINQ released Eclair version 0.14.6 on October 27 with stronger funding requirements and recovery procedures to protect pending payments. ACINQ urged node operators to upgrade because malicious nodes could exploit some of the weaknesses. Older Eclair versions remain expo
Ed Yardeni Warns Democratic Midterm Sweep Could Hinder Stock Market
Ed Yardeni warns that Democrats winning both chambers of Congress in Tuesday's midterms could hurt stocks, despite Republicans keeping the White House. Yardeni, president of Yardeni Research, said growing political divisions could impede congressional responses to future economic crises. Polymarket
EVgo Stock Surges After Buyout Proposal from Majority Shareholder LS Power
LS Power, EVgo's majority shareholder, proposed paying $2 per share in cash to acquire all EVgo shares outside LS Power's holdings. The investment firm proposed a merger to purchase the remaining publicly held Class A shares. The transaction could make the electric vehicle charging company private.
Apple Faces Valuation Concerns Amid Upcoming Earnings Report
Apple approaches Monday's fiscal fourth-quarter results with investors divided over the value of the company's defensive characteristics, including modest AI spending and strong cash flow. Apple is due to release results after U.S. trading ends on November 2. Analysts forecast $113.39 billion in rev
Amazon Stock Rises 4.45% Amid AWS Growth and Thanksgiving Promotions
Benzinga Pro data showed Amazon.com shares gaining 4.45% to $251.04 at publication on Monday. Amazon shares were recovering after losses last week. Amazon shares dropped on Thursday after third-quarter revenue and earnings fell short of Wall Street forecasts.Amazon generated third-quarter revenue of
