📈 Stocks / Finance

Netflix announces 10-for-1 stock split

PR Newswire

Netflix will enact a 10-for-1 stock split, effective Nov. 17, 2025, to lower its share price and increase accessibility for employee stock option participants. Shareholders of record as of Nov. 10 will receive nine additional shares per share held.

Amazon stock surges on Q3 earnings, AWS revenue up 20%

Investopedia

Amazon shares jumped over 9% in after-hours trading after Q3 earnings beat estimates. EPS hit $1.95 and revenue rose 13% to $180.2B, driven by 20% AWS growth. CEO Andy Jassy cited AI demand and infrastructure investment as key growth drivers.

CoreWeave drops $9B Core Scientific deal after shareholder rejection

Investor’s Business Daily

CoreWeave terminated its $9B stock-based acquisition of Core Scientific after shareholders voted it down. CoreWeave shares fell 6.3% to $131.06 on the news. The stock remains up 135% YTD, with Q3 earnings due Nov. 10 amid growing AI infrastructure competition.

🪙 Crypto

Bitcoin drops 15% in October as rate cut hopes fade

Investopedia

Bitcoin slid below $107K, down 15% from its Oct. 6 high, as Fed rate cut uncertainty spurred risk-off sentiment. ETF outflows hit $550M, and U.S. stocks also declined. DATCO-related selling added pressure but was not the primary driver, per Bitget COO.

🌎 Global Economy

Trade truce lifts outlook for Asian exporters, markets remain cautious

The National

The US-China trade deal offers modest relief, with tariff cuts and rare earth export pauses easing pressure on global supply chains. Markets responded with gains in Asian equities and soy commodities, but weak oil demand and inflation uncertainty continue to cloud broader risk sentiment.

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